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UNIVERSITY OF MICHIGAN MONDAY ISSUE FEB 16 1954 Ike Commercial and Financial Chronicle Reg. U. 8. Pat. Office Volume 179 Number 5299 New York General RAILROAD 7, N. Y., Monday, February 15, 1954 PUBLIC UTILITY - INDUSTRIAL - INSURANCE - Advisers Fund, Inc., N. Y.—Assets Show Gain— stock share per outstanding.—V. 179, for 13,493 shares of $1 vide 1952 ♦$284,050 ♦Equal to $21.05 $244,063 In value capital par tions This Issue and covering <3 50,000 share, per working shares without filed 1 of of stock common underwriting. notification (par The $1) with be to proceeds Stock and Bond SEC offered be to are the The company mortgage after issue to proposes bonds, of $17,000,000 series a maturing principal in not amount than less of 30 than 102%% the of principal interest. The bonds new of $8,000,000 shares construction end additions loans in the The its 17 invitation posals in from February, stock to the accrued 1954, sale of the of for the from sale The Southern Company for improvements, (extensions permanent the the for company 1954 year to file registration a the proposed cover 36 178, with the SEC 40 10. The date to set the open Over-the-Counter pro¬ This has company declared its first dividend after only ; Mr. that months' interim nearly 700 fiscal It is 3% period due from April the to Tire board dividend. of This stockholders announced Taubman. Mr. Alliance American also was ance the directors it a great offered support 1953, the Amrican of success investors Alli¬ headed by State group raised half of the original capital—over financed the ultra-modern American equipped Alli¬ plant which is located on a 25-acre site at Hadera.—V. 173, Months Operating Co.—Earnings Up Sharply— Ended December 31— 1953 revenues Operating and expenses 1952 $625,048 519,421 taxes— Declared and Other income $383,825 Reserve 319,660 Gross $105,627 (net) 2,157 income Income $64,165 Federal 179, The income- Earnings —V. per 178, __49 American Business Shares, Inc., N. Y.—Registers With Securities and Exchange Commission— This with New the York SEC •tock.—V. investment Feb. on 179, 5, American President 252,000 shares of on the this registration statement a 200,000 shares 1S42 initial class A common dividends stock (no of $5 on capital par) and the was regular quarterly dividend declared payable March and of 20 the on per share $1), both pay¬ share per of 10. common dividends," tion of many without return of holders the of ownership and litigation over on a seven-year dividends to a two period class A declaration should not be as basis for future regular or special V. 178, p. 293. are and return than $150,000,000 the total of This This was the first-day ■conversion Feb. delivered 25% first debentures to the conversion con¬ the company's p. 513. latest on convertible been debentures—about received for exchange into Feb. 9. day the issue of $602,543,700 12-year 3%% con¬ Dec. 10, 1965, was eligible for conversion. due total 9, its issce—has «tock, the company announced vertible includes debentures left with the earliest conversion date, company in anticipation exceeds by far the of preceding issues of as the first-day's the well as debentures conversion conversions convertible for company date. in The any debentures.—V. of 179, Of the air construction same frames standard as Is door and used features Amweld with Willow Fabrics, Inc., is the 25th fabric converter to be licensed by American Viscose Corp. to convert rayon fabrics under the Avcoset program of quality control of washable rayon fabrics. Thirteen finishers have also been licensed under the program. n S. R. Schulhoffer, President of Willow Fabrics, said that quality sheens, linen types, 1%-inch standard attractive, an doors, Amweld this and tropicals in the firm's fall and 179, membership will be present.—V. 179, p. 513. Feb. 4 announced New barrels a new will have a capacity of tract in are owned with progress by the the Illinois railroad in about Central RR. it to was amend announced1 its charter on Feb. has Co. for requested shares. Any or by such an exchange refinancing, or conversion exchange, or of said conversion of Southern all wholly-owned subscribed stock, C. H. for Zachry, 10. subscribed, included amounted $363,777 Union he stockholders said, at Southern of subsidiary, to $7,277,000 providing revolutionary a new have owners been not necessity price a Union's plus 98,931 for Southern equity new funds for individualized been revealed system of Elmer H. by made public, Mr. Bard said that theplumbing, gas or electric connections, of contamination. have orders already been released. will concentrate on the manufacture, garbage eliminators for home use, initially company of of Bard-Matic planned by the company, It was revealed. one new are for share $1) for at each $19.50 per share held share new pre¬ be the on, (with an the basis oversub- warrants expire at 3 p.m. (CST), on Feb. agent is Northwestern National Bank of Minneapolis, The warrant be used 27 (par The no PROCEEDS—The will Offering— issue of Feb. 8 of the offering to. common, of 14,100 additional shares of common our Jan. stock privilege). There in record of of 0 0597 Minn. underwriters. net proceeds from the sale of the common stock construction of additions and improvements to its the properties. Construction expenditures are presently estimated at proximately $1,330,000 for the fiscal year ending Oct. 31, 1954. EFFECT TO PRESENT ♦First mortgage bonds: Series "A" 3%% due Sept. 1, Series "B" 3% Series "C" 3%% due July Series 3"%% "F" due March Outstanding 1979— $1,980,000 2,031,000 1,073,000 1,470,000 1980— 1982 975,000 995,000 15, 1975 due July 15, 1975— 1, Sinking fund debentures—unsecured: Series "A" 3%7e due Jan. 15, 1974— preferred stock ♦Additional or debenture therein. (par $100) (par $1) bonds or indenture, debentures may respectively, ap» FINANCING 1971— Series "D" 3%% due Jan. 15, Series "E" 3% due March 1, SEC outstanding will made was common Common stock with sale stock to Feb. this have products are shares a a view to the refinancing of its outstanding preferred stock through issuance of new preferred stock; and the Commission has given interested persons until Feb. 18, 1954, to request a hearing thereon. According to the application, Arkansas Power has outstanding 47,609 shares of $7 preferred and 45,891 shares of $6 preferred (both without par), comprising the en¬ tire amounts of preferred stock authorized by its charter. It proposes to refinance such shares with the proceeds from the ferred have Co. common Black Hills Power & Light Co.—Stock 1,000,000 Refinancing— 5, sale home for of distribution Cumulative company, stock sold Gas on Authorized Parish, across the river from New Orleans. The corporation now operates plants in St. Louis, Mo.; Newark, N. J.; and Los Angeles, Calif.—V. 178, p. 1977. This Hutzler.— 390. sewage the and other Jefferson Arkansas Power & Light Co.—Plans stock p. details While year. Negotiations 150-acre brewery & Subscriptions— Co. 98.8% was CAPITALIZATION GIVING plans to build a brewery in Orleans, La., area costing an estimated $20,000,000. Rosewell E. Hardy, Assistant to the Vice-President in charge of production, an¬ the when-issued a Aztec. by eliminates Production Brewery— it New nounced on Bros. According to Mr. Bard, it is expected that the complete system deliver for less than $30 retail. Distribution is being planned through wholesale and retail hardware channels, speciality distributors, department stores, etc. Announcement is. scheduled for this Spring, 15. special meeting of board of directors that was called for Feb. 10 adjourned without taking any action until the regular meeting of board next Wednesday, Feb. 17, when it is expected that the full on pnvaie.y Salomon will of below. Special Meeting Adjourned— corporation Gas common stock announce prevents Mention by Textron— The the by announced additional disposal scription the into (Un- 90-179 days, 1%%; per annum; placed Union & previously a the an stockholders Incorporated Oil basis The issued to While and grille of simple, modern design.—V. 178, p. 849. Textron 4V4% stock 1%-inch factory-installed American Woolen Co., Inc.—Offer Made 1%% been Southern President, President system sale conditioning authorization American Viscose Corp.—Grants New License— gabardines, Interior door Anheuser-Busch, Inc.—To Build of all-rayon air ducts. Inter-Lock The More are their debenturs. newly formed Michigan corporation with offices and plant facilities at 1780 Harvey St., Muskegon. According io Mr. Bard, development and testing of the Bard-Matic garbage eliminator has been under way for a period of over two years. Field tests covering a wide range of applications have been completed. dividends," he added.— American Telephone & Telegraph Co.—Conversionsone-quarter these developed expressly for use 1 in centrally air conditioned and perimeter heated homes is announced by this company's Building Products Division. Desgned to allow the proper air flow between connecting rooms as required by central air conditioning installations, the "Amweld Air was among the factors which deferred action B stockholders in prior periods, and the strued to stock. "Question of All said of earnings years label. on record Ralph K. Davis, Chairman, "will be ipaid out of accummulated earnings. They represent a partial recogni¬ classes of Avcoset 1%-inch steel flush new See •The the 389. p. American Welding & Manufacturing Co.—New Product A new have been paid holders will carry 179, Conditioning Door" permits closed-door privacy without impairing or distributing the heat balance of the system and eliminates th<$ need for of $1 $1.25 to share per shares of class B common stock (par holders of record Feb. 10. the 5% non-cumulative preferred stock also stock March to 15 its of Lines, Ltd.—Initial Dividend— declared 2,100,000 Dividends eince filed company 1954, covering 1. p. The directors have able Feb. lines spring value par 4V»% new Bardmatic Corp., Muskegon, Mich.—New System— 3 $32,637 fabrics.—V. plan, undeu a retired. investors Aztec Aztec, of Aztec.—V. Plans $2.32 in with garbage $5.32 the Co.—Stock of of apiece. shares 31,678 $74,839 outstanding $100! right to exchange or 30-89 days, Gas & Union Proceeds Union Banks of $64,315 share common complete 513. Oil $3.83 /84 1873. p. be to institutional oifering of Aztec a Bard, Net is share-for-share on of new Capital Flotations for Month of October.. of the financing has stockholders 32,945 $107 deductions to companies. rates are: p. holdings System steps high level in the supply of funds available for invest¬ the decrease by Associates, one of the four major finance with Southern 50 Reserve given preferred stock proposed The 14 Banks be 4V2% 1,994,981 shares 49 Statement of Member 150 a. Payable initial shares 97,000 will continued Aztec 55 47 Combined Condition Statement of Federal Condition Utility operating income V. Foreign Exchange Rates the new new basis Redemption Calls and Sinking Fund Notices_50 1 of influenced The City Bond Offerings Dividends Allied Gas 12 657. p. and took 9 will have outstanding $12,500,000 in par value stock and $10,000,000 of 4%% capital debeneures, Chairman of the Board, has announced. Preferred stock automobile i The Course of Bank Clearings ("Parts Certificates company on Feb. 8 announced its sixth reduction of commercial rates in less than five months. The decrease, amounting to 1%, follows the rediscount rate reduction announced by The ment General Corporation & Investment News.Cover This statement Interests the Federal Reserve Board. Miscellaneous Features inclusive. of registration a Beneficial Trust one-eighth of The earnings for covering Fund (15,000 Full Paid Certificates).—V. 175, p. 2174. Feb. on Oare, the This 35 - filed company 1954, With company L, paper to $3,000,000—which ance 35 ;• to. Reduces Commercial Paper Rates— 35 six- a share per against measure by declared $1.50 applies to September, that has represents and 8, Associated xchanged 4»/4% National Quotation Industrial Stock Averages_35 SEC Index of Stock Prices 1_; f 35 year vote preferred Holders Companies, reported "the one according to Arthur Taubman of Roanoke, Va., President. Taubman, who is also President of Advance Stores this either 46 Dow-Jones Stock and Bond Averages..: Alliance Tire & Rubber Co., Ltd. (Israel)—Initial Div. of operation, Markets Feb. on addi¬ time of. 250,000 of its com¬ 2669. p. investment in directors preferred 45 Transactions New York Stock Exchange. Transactions American Stock Exchange 2193. p. Section the solicit this sale notes. 42 Toronto Stock Exchange—Curb will property at outstanding now totals $9,700,000. plan, requiring amendment of the company's articles of re¬ organization, will be submitted for shareholder approval March 10. New provisions of the preferred stock will permit the issuance of capital debentures which will have the status of Junior subordinated _41 Exchange for and The 39 Stock Exchange Stock 1954 proposes issuance stock 39 . Louis SEC 4J/a% Robert 39 Canadian Stock Exchange $17,000,000 bond issue and to publish March on statement of _37 Exchange the Associates Investment Co.—Arranges Private Financ'g The Stock In Power authorize 177, 55,000 Accumulative which Montreal are St. the 36 Toronto to 36 Exchange $25,000,000 Arkansas to as preferred, for which it new "Shares") 36 San Francisco $33,810,000. plans Exchange. Philadelphia-Baltimore Stock Exchange Pittsburgh Stock Exchange ! for the payment of short-iterm bank $4,790,000 incurred for such purpose. expenditures for proposals March 16.—V. is received common plus Stock Midwest Stock Exchange proceeds property ar.d amount at company Feb. on of thereof, and with Los Angeles Stock , the use acquisition of or to Construction estimated to proposes and additional the amount . company 31 15 Cincinnati Stock Exchange Detroit Stock Exchange date, more or Boston its years and to sell the same at competitive bidding, for the best price obtainable but for a price to the company of not less than 100% or 27 Exchange so stockholders.—V. This American Stock of improvements, of New York Stock Exchange (Stocks) New York Stock Exchange (Bonds) capital. filings with the Commission. To pro*, refinancing, and to finance, in' part, its. such Associated Fund, Inc., St. Louis, Mo.—Registers Securities and Exchange Commission— Page at for used Alabama Power Co.—Plans Bond Financing— first Quotations future more for shares letter a or expenditure its charter mon Feb. on one means amend Aegis Casualty Insurance Co., Denver, Colo.—Files— The company of the contemplated 609. p. Copy a MISCELLANEOUS - subject 1953 assets net $1 Corporation and Investment News As of Dec. 31— Total Price t » 1 955,000 26,648 shs. 300,000 shs. be issued under 16,648 shs. 250,260 shs. the mortgage subject to restrictions contained, i is engaged in the generation (and ta * minor extent the purchase), transmission, distribution and sale of electric energy. It was incorporated in South Dakota on Aug. 27, 1941, as successor to certain pre-existing companies. It has no parent BUSINESS—The and no The company subsidiaries. the com¬ Rapid City principal plants and properties owned or operated by pany are located at Osage, Wyo.; and Provo, S. D.—V. 179, p. 610. and Pluma, Redwater, HA-iO The Commercialtmd±¥^encial Chronicle 2 (710) L u^l G' * i - as this of Ltd.—Formed— 6f Cahada, Bridge &"Tank Cot Formation Co. and Vulcan Iron Feb. 9 by James A. Gairdner, Bridge & Engineering Ltd. was Chairman of the Board of announced on the new com¬ March Co. of Canada will own directly and througn subsidiaries two large plants in Hamilton, Ont., Canada, and one in Winnipeg, and will rank as the second or third largest concern in the steel fabricating industry in Canada, Its plants and organization will be strategically located and will be integrated to ensure a national participation in the steel business from coast to coast. An offer to purchase all the outstanding common shares of Hamilton Bridge Co. at $22 per share, amounting in total to $5,400,000, was made recently through the Royal Trust Co. Over 90% of the shares were deposited under the offer and were taken up Feb. 9. The new company will acquire all the assets of Hamilton Bridge Co., Including its controlling interests in Sawyer-Massey Ltd. (road machinery) and Rheem Canada Ltd. (steel drums). It will also purchase all the capital stock of Vulcan Iron & Engineering Ltd., which, in turn, owns Vulcan Machinery & Equipment Ltd. The Vulcan business was purchased by the Gairdner interests in 1947 and is now one of the largest steel fabricating and machinery sales companies serving western & Tank Bridge pany. Oanada. A. undertaken undertaken the of first platework field. Vulcan separate I. Northern Ry. Great has . 179, 1954 $8,484,419 ■ income Earned per share common outstanding shares Two Co. below.—V. — tures to Telephone Co., Interstate Registers Stock Wi4h SEC Be Placed Privately— for The issue railroad — the on of proceeds of date acquisition. San Bernardino, Bonds and Deben¬ the purpose „ on ing was The The Sales Net at $28 redeemable is or on or Orders Feb. 1964 into 1, CAPITALIZATION 1.4 GIVING . fFirst mortgage bonds 3.60% TO PRESENT Authorized series—due * / ! percentage of better-than- CBS-Columbia television receiver inven-depleted and that the company is now $1.20 dividend series 125,000 shs. L 35,000 shs. Corp. below.—V. 107,000 shs. $1.40 dividend convertible series 22,000 shs.: 40,000 shs. $1.32 dividend convertible series 120,000 shs. Pfd. stk. remaining, yet to be defined L. (par $12.50) debentures, unlimited restrictions set forth None 120,000 shs.. 230,000 shs. §1,200,000 shs. as 35,000 shs. to in be issued sub¬ indenture securing the amount, the None -, 880,506 shs. total Edison Co. — Segregates Gas Proper¬ Illinois Gas Co., 50 Fox in part: Aurora, Illinois, officially Commonwealth Edison Co. Street, properties transferred by Edison to Northern Illinois Gas Co. may §192,000 shares, plus such indeterminate number of shares capitalization 3(4% before 179, 103. p. 1953 $573 14,900 1952 $77,879 71,000 *$14,327 $6,879 25,655 income taxes and depletion 46,955 t deficit.—V. 178, 1875. p. Diana Stores Corp.—January 179, 1954—6 Mos.—1953 $1,822,007 $15,867,635 $16,950,029 $1,774,477 —V. Sales Lower— 1954—Month—1953 Period End. Jan. 31— 104. p. Eagle-Picher Co., Cincinnati, O.—Files With SEC— letter notification of shares of filed was stock common with $10) (par the SEC on Feb. 5 covering be offered at the market to share), without underwriting. The proceeds to be used for general corporate purposes.—V. 177, p. 1579. (estimated at $19.87(4 are per I » . Eastman Kodak Co.—Plans Further for its ment, 1954 This is tne in 25(; a of and expand company plants, equip¬ U. S. manufacturing and branch over the company's capital improve processes budget for used company and amount expenditure been to program methods, units. its increase $40,000,000 improvement Expansion— 8 that It has budgeted $50,000,000 This company announced on Feb. for and 1953. About $300,000,000 has expansion program since 1945, officials stated. The program has been financed basis from company funds without resort to said.—V. stock 179, company of on a pay- borrowing, 398. p. Perch principally Eaton's coil and spring leaf Feb. en Spring springs, 4 Co., Co.—Acquisition— Lackawanna, for trucks. division acquired announced it has in N. Detroit, springs. all the common a producer of chassis price was not disclosed. is a large produced of Y., The purchase Mich., i Existing facilities of the newly-acquired firm, which will be operated as a division of Eaton, "will be improved and expanded to take care of future potential requirements that cannot be handled at the Detroit plant," C. I. Ochs, Chairman, said.—V. 178, p. 1567. bonds which, of the new Gas company comprises $60,000,000 having first been issued by Edison against the The bonds were publicly offered on Jan. 27 by an underwriting group and Glore, approximately a very well received. is about 3.47%. Ekco Products - & Co. return The cost of The public offering price was to the investor. The offering this money to Edison, 102, was after expenses, or Ultimately, some plan is expected to be worked out for separation of Gas company's stock ownership. One plan under consideration contemplates distribution of the Gas company stock over a period of the This company Co.—Acquisition— Feb. on 5 announced that the acquisition of The AUtoyre Co. of Oakville, Conn., which is subject to the usual terms and conditions March 1, issued of preliminary a should be completed prior shares of Ekco common stock will contract, at which time 80,000 exchange for 100% of all the common stock of Autoyre. Autoyre's average earnings for the three years—1950 to 1952 in¬ clusive—were Before share to as taxes, be follows; approximately $700,000 per year (about $8.75 per Ecko For the same three years (after taxes) the exchanged). earnings were approximately $3.75 pr share exchanged. Autoyre's in excess of 600,000.—V. depreciated $2,400,000. 179, p. book net worth at Their approximate the end sales for of 1953 will be 1953 were $5,- 3S8. the holders of Edison's common stock—V. 179, p. 515. (Continued on page 8) (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; Dana Seibert, President. Published twice a week [every Thursday (general news and advertising issue) with a statistical Issue on Monday.] Other offices: 135 S. La Salle St., Chicago 3, 111. fTelephone STate 2-0613); 1 Drapers' Gardens, London, E. C., England, c/o Edwards & Smith, Copyright 1954 by William B. Dana Company. Reentered as second class matter February 25, 1942, at the post office at New York, N. Y.J 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 THE COMMERCIAL AND FINANCIAL CHRONICLE William of Canada, NOTE: On $51.00 per year. account of the Other Countries, $55.00 per year. fluctuations in the rate of exchange, - i remittance for foreign subscriptions to be in headed by The First Boston Corp., Halsey, Stuart & Co. Inc. years tp statement operating revenues. gas 3.38% Certificates).—V. . Eaton Manufacturing formerly operated as a part of our Public Service Company divi¬ represented about 11% of our total plant and about 14% of Forgan Registers registration a amortization Sales 179, p. 515. properties, became the Gas company's debt when it acquired these properties; $10,000,000 of 5% convertible preferred stock which Edison purchased to provide the Gas company with working capital and con¬ struction funds; and about $60,000,000 of common stock issued qnd issuable to Edison for the properties transferred. .» ■ ' and profit they of 50,000 shs. filed 8 Payment (Single B tons milled •Net as-you-go lines.- and Initial , 2,925,000 $1.25 dividend series certain our (par $25): $1.00 dividend series to completely — Contract— The gas 1,000,000 sinking fund debs—due 1977— debentures. anticipated 1,000,000 Cumulative preferred stock ject he February. during been that and 1,000,000 ; series—due 1979-.; •Additional market, receiver models directly off production New sion 500,000 1,000,000 1979 37/»% stock period, Mr. Schecter said. declared 4hat See TelePrompTer were 1,000,000 series—due 1979 Common have shipping 1,000,000 1,000,000 3%% •4(4% business than 100% more was that this company was getting a bigger began operations Feb. 9 as a subsidy of 1,900.000 , , series—due 1979 3% 1953 industry Schecter Northern 1971 series—due 1979 3 1/10% overall tories during January, 1954. the same period last ties—A letter to this company's stockholders says Outstanding series—due 1979 3(4% Net " Commonwealth $5,850,000 series—due 1971 3(4% $2,302,281 669,789 $3.14 $2.00 over 1954, Feb. on operating profit Dry Charge of Sales, reported on. in in unit orders for January, increase also stated He 1956, of 83% Vice-President company, Series Depreciation Inc.—TV Orders Up— receivers television dollar volume in Schecter, the similar over the CBS-Columbia increase elected '«* Day Mines, Inc., Wallace, Idaho—Reports Profit— Net >A 3. The FINANCING 1971 series—due 27/«% share investment This 1971_. series—due 3(4% 3% common been Exchange Commission— and Quarter Ended Dec. 31— ■ 397. for an Harry year, $20,000,000 *. series—due at shares. common EFFECT showed Feb. and before This S00 share; thereafter and on or before Feb. 1, 1959 at $27.50 thereafter at $27.25 per share; with accrued dividends in each case. Each share of $1.32 preferred stock is convertible into 1.6 shares of common stock on or before Feb. 1, 1959; thereafter and. on or before Feb. 1,11962, into 1.5 common shares; and thereafter and on share common per — Securities Certificates $2,623,860 805,152 $3.02 $2.00 _____ paid p. 179, Mr. 1, —- .; Columbia Broadcasting System, per share; per —V. normal before Feb. taxes—-. shares outstanding Dividends Further details follow: stock income income— earnings Earned Mortimor Corporate Leaders of America, Inc., N. Y. 1953 1952 $233,890,000 $214,995,000 6,713,860 5,617,281 4.030,000 3,315,000 — — before Chairman of the Finance Committee, has S. Gordon, General Counsel and formerly Hail, President. agent in redeeming EARNINGS Fiscal Year Ended Dec. 26— Common . Chairman of the Operating Committee, has Chairman of the Managing Committee.—V. 175, p. 915. With ac¬ Chairman. elected formerly 1954 1953 $17,444,629 $16,516,733 — on J. elected and (file 2-10694) with the SEC seeking registration covering 768,976.50 Participations in its Trust Fund Certificates Series B (Periodic Pay¬ ment Certificates) and 39,741.30 Participations, in its Trust Fund Up— 23— COMPARATIVE STATEMENT OF This offering the books closed. Trust Co. of New York will act as Colonial Stores Inc.—Current Sales (par $25) at $27 per share, plus underwriters headed by was oversubscribed and Blyth & Co. Inc. preferred Matthew been , Four Weeks Ended Jan. the Association to the redemption of inventories of 665. p. has been Jarvis Ernest G. Oil Properties i Taxes 178, financing the Copper & Steel Industries, Inc.—Changes Continental the Sales and in, Personnel— 2571. p. including requirements, operating indebtedness of receivable.—V. counts 179, p. 611. outstanding scrip certificates dated Jan. 8, 1952, for common stock the rate of $1.9996 for each l/20th of a share.—V. 179, p. 103. Profit 10,000 increased certificates Colgate-Palmolive Co.—Scrip Certificates— Co.—Registers With SEC— and plant and $750,000 to be added to general funds of and The Guaranty accrued dividends by a group of per 178, covering 1954, meet Commission. originally drilled 30 or 40 years ago. Production has past few years by repressuring by water injection; gross production is about 1,600 barrels of oil daily. current —V. issue of Feb. 8 of the public offer-, our 1,030 filed Association 4, par, $25 oil in ... . a registration statement with the SEC on 80,000 shares of 4 % second preferred stock, shares of 2% third preferred stock, $25 par, to be offered for sale directly to members and others. No underwriting is involved. Net proceeds will be used to provide $1,500,000 of addi¬ tional funds for construction of an agricultural nitrogen fixation Feb. was revived Feb. made in $1.32 area Cooperative Association, Kansas City, Mo. Consumers in the vertible preferred stock The the 1953 $2,212,395 179, p. 203. —Registers With Securities and Exchange Commission— Stuart in the offering are: R. W. Yantis & Co.—V. company been Feb. 4 of 120,000 shares of $1.32 cumulative con¬ on Commerce with Halsey, - — - —V. Maracaibo Oil Exploration Corp. have jointly properties near Ottawa, Kansas, formerly owned by Brundred Oil Corp. These properties consist of leases on some 7,000 acres on which there are about 500 producing oil wells and almost as many additional wells used for injection of water. This California Water & Telephone Co.—Stock Sold—Men¬ tion approximately $8,125,835; cost 1954 $1,839,560 Month of January— Sales road switching locomotives, and 2 diesel switching Issuance of the certificates is subject to the authorization F. S. purchased 10 filed a registration statement with the 6EC covering $10,000,000 of first mortgage bonds due March 1, 1984 to be offered at competitive bidding, and 300,000 shares of common stock (par $20) to be offered publicly by a group of underwriters headed by Blyth & Co., Inc. and The First Boston Corp. The net proceeds are to be used to pay bank loans incurred in connection with the company's construction program. A. C. Cummins, President, said the company's tentative schedule calls for the stock offering to begin on March 2 and the bond bids to be opened on March 9. The company also has proposed a $23,000,000 bank credit agree¬ ment, which would mainly finance its expansion program through 1956. —V. 179, p. 610. company estimated to during 2474. The Climax Molybdenum Co.—Buys Kansas organized was of engaging California Oregon Power The be to Interstate and Co., in California on Jan. 21, 1954, telephone business and acquiring the business and assets of Interstate Telegraph Company, a Nevada corporation which owns and operates a telephone system in portions of eastern California and a small adjacent area in Nevada. At Dec. 31, 1953, Interstate Telegraph operated 20 local exchanges serving 10,919 telephones. The stock of Interstate Telegraph is to be pur¬ chased for a price of $7,500,000, plus adjustments. The remainder of the proceeds of the financing will be utilized to discharge organiza¬ tion expenses and for property additions and improvements. Interstate California for is rate calculation, airport traffic studies, industrial comprise but a lew of the applications that have design and operation tests of the "203."—V. 178. interest control studied Consolidated Retail Stores, Inc.—January Sales Off- Pressprich & Co.; Baxter, Williams & Co.; Gregory & Son, Inc.; Ira Haupt & Co.; Hayden, Miller & Co.; The Illinois Co.; Wm. E. Pollock & Co., Inc.; Julien Co'lins & Co.; McMaster Hutchinson & Co.; Mullaney, Wells & sale, stock problems, were a the in to a process diesel 7 Associated together with the net proceeds to be received from the private sale to seven institutional investors of $4,200,000 of first mortgage bonds and $1,500,000 of 4%% debentures will be used primarily to purchase from California Electric Power Co. all of the capital stock of Interstate Telegraph Co>aito be outstanding Net Ltd., stock, issue.—V. 179, and Kidder, 3s; equipment, cars; the of 178, p. 1978. registration statement with the SEC on Feb. 5, 1954, covering 300,000 shares of its $5 par common stock, to be offered for public sale through an underwriting group headed by William R. Staats & Co. The public offering price and underwriting terms are to be supplied by amendment. This company filed addition to those of scientific research, the "203" is not specific problem type, but is adaptable to almost any prob¬ lem reducible to numerical terms. Transportation routing and loading received, viz: Salomon Bros. & Hutzler, Peabody & Co. 99.662 for 314s. secured by the following new standard-gauge bids competing mathematical problems of finance, commerce and in¬ Handling the bid of 99.34%. a locomotives. California Interstate Telephone Calif. on new of costly dustry, been 99.7586 Proposed Sale— California of the new shares 105,000 brain" installation by fields of industrial and commercial control for organizations which previously have been unable to electronic computation. entire afford President, reported that Canadian Breweries, than 97% of the Carling company's capital to occasion—introduction limited more subscribed the open 514. box See owned Corp.—Electronic Computer longer restricted to the high-cost "electronic multi-million dollar corporation or scientific no hundreds of involved. is controlled by Stauffer Chemical Co. and manu¬ and bone and hide products.—V. 177, p. 1255. is foundation. the company's Computer Division of its Model 203 Electronic Digital Computer, a general all-purpose auto¬ matic electronic tool for mathematical analysis that it expected to Inc.—Rights to Stockholders— stockholders Equitable Life Assurance corporation last week announced that electronic data processing The ' underwriting already Feb. 10 1953 1952 $17,598,498 $15,498,666 2,751,211 2,735,940 $0.88 $0.89 2,490,934 2,353,551 Year Ended Dec. 31— Operating revenues Common 1953 $9,047,332 Co.—Earnings— California Electric Power Net of 1,500 p. 202". p. is 12,000 Ry.—Equipment Trust Cer¬ tificates Offered—Halsey, Stuart & Co. Inc. and asso¬ ciates on Feb. 11 offered $6,495,000 of Chicago & North Western Ry. Co. 2%% equipment trust certificates, ma¬ turing annually March 1, 1955 to 1969, inclusive. The certificates, priced to yield from 1.75% to 3.05%, de¬ pending on maturity, were awarded to the group on, Sales Decreased - —V. 1,500 — Wulff, Hansen & Co.—— Chicago & North Western 178, p. 850. Month of January— Sales Wilson, Johnson & Higgins Dean Witter & Co notes. Texas. company Consolidated Engineering 1,000 179, p. 610. Houston. This 7,500 —_ 3.70% borrowing was made on The Pa.—Receives Large Order- below.—V. (& Subs.)—January Butler Brothers 1,500 1.500 & Co.— Dowie, R. which division of the new firm, will be the western Co., Philadelphia, Budd J. S. Strauss & Co Henry F. Swift & Co 5,000 1,500 and 2,000 No share. p. Bee factures heavy chemicals The record Feb. l have been given the right to subscribe on or before Feb. 26 for 3,750.4 additional shares of capital stock (par $15) on a share for share basis at $40 per fabricates and erects storage designs, Engineering company, 2,000 12.000 4.500 2.000 Co minority The gas a Society of the United States had the largest participation, $2,100,000. The proceeds will be used for construction of plants in Baytown Carling Brewing Co., pressure vessels for the chemical, oil, industries and is affiliated with one of the leading U. S. companies in this field, Hammond Iron Works, Inc., Warren, pa. The former Hamilton Bridge Co. will operate as the Hamilton Bridge Division and Vulcan Iron and Engineering, Ltd,, continuing to operate »s with four insurance companies. 7,500 See also V, tanks, elevated water tanks and and 6,000 2,000 2,000 Knowlton of 2,000 3,000 4,000 Wagenseller & Durst, Inc.. & shares Inc.—Notes Placed Chemical Industries, Consolidated 2.000 Walston & Co. Frank p. Reynolds & Co.. Schwabacher & Co.— William R. Staats & Co _— Stephenson, Leydecker & Co. , Mitchum, Tully & Co, 5,00o Hope . and Iron Irving Lundborg & Co.— 4,500 Lester, Ryons & Co. 178, $7.02 a total of 9,995,161 1158. hid company outstanding.—V. Mason Brothers Wesley Hall & Co.—— a the 1953, 31, stock 2,000 6.000 Friedman- H. Maxfieid Dec. 1952 $6.63 , Privately—The company has taken down the final $3,000,000 under a $10,000,000 agreement dated Feb. 26, 1953 Shares , 1953 $66,290,228 $60,248,568 — 4,500 2,000 . Davis, Skaggs <fc Co.——.. First California Co. Inc Vulcan iron p'.ants at the shares of convertible preferred stock 12,000 Co Eichler & Co Slocumb & Co. Inc. H. M. Byllesby & Co. (Inc.) Central Republic Co. (Inc.) Crowell, Weedon & Co Winnipeg has already been and that a similar program for the Hamilton plants will be immediately and will be completed in planned stages. One steps will be a fuil-scale entry into the storage tank and of & Brush, and General Manager of Bridge program of improvement and of Co. Barth * value per share.-, asset At names: Inc Blyth & Co., Bateman, ' 31— have below Hill Richards & Co newly elected President Canada, stated that Hill, B. Tank & opposite their respective named underwriters several Shares J Net capital agreed to purchase the number of set Dec. Total net assets 1954. UNDERWRITERS—The " modernization 15, of As amending the indenture securing its first mortgage bonds to Increase the authorized amount to $100,000,000. It is anticipated that this will be completed about presently in the process of from bondholders, is Co.—Net Asset Value— CemmonweaUh Investment conversion of the sufficient proxies be required, are reserved for issuance upon pref. stock. 1IThe company,. having received may conv. of Hamilton the operations unite to company Monday, February 15, 195# v. . - * and advertisements must be made In New York funds. Volume 179 Number 5299 . . The Commercial and Financial Chronicle . (711) 3 Capital Flotations in the United States in October And lor the Ten Months of"Calendar Year 19S3 Total corporate financing in the domestic market during October amounted to $428,089,616. This represented a sharp contraction from the preceding months' total of $707,272,786. Compared with the total for October, 1952 of $938,882,830, the current figure reflects $510,793,214. and amounted to $109,324,250 or 25.54% of that month's financing. In the previous month, that is September last, the total was $205,799,375 made up > over-all of 34 issues and represented 29.10% of that period's gross dollar volume. For the month of October, a year ago, marked de¬ a cline of New private Long-term bonds and term. bonds and notes notes in were issues placed October amounted to represented by a single of-. substantial reduction in total 1952, the current month's stock total shows "Revised $10,427,686. October,- constituting month's sues stock $161,943,616 aggregate financing, amounted to Taking month in up our issues made issues $16,831,000 or while preferred stock the various categories as presented The Some of included the the Electric -Co., value common Mohawk 5.92 Sept 17 91 21.17 Sept 2 Sept 24 Sept 15 336,831,000 30.81 Sept 2 Sept 15 387,020,000 65.01 > io 51,256,250 21.19 34 205,799,375 29.10 Sep 1-30 Sept 24 1 109,324,250 Total current to up $480,capital new ($3,475,840) for refunding pur¬ is greater than that of Sep¬ total increase in of Massachusetts and the $30,000,000 placement by the State of South Carolina. There this was no country par on financing undertaken during October in the part of any of the United States Government offerings placed in Total in represented by the United the 368,102;436 20,040,000 952,036,900 99.504+ "1.961 99.506+ "1.953 99.505+ "1.95T > 99.587 1.634 100 2% 100 27/a a a 100 2 100 20,040,000 952,036,900 c ' .15,063,691,336 Oct 1 91 days "1.583 1 Oct 8 91 days 2,541,451,000 99.647 "1.397 Oct 1,501,118,000 1,500,620,000 99.600 Oct 6 Oct 15 91 days 2,219,088,000 1,500,904,000 99.637 "1.438 Oct 15 Oct 22 91 Oct 22 Oct 29 91 2,367,114,000 2,366,309,000 1,500,549,000 99.653+ "1.372 2,095,953,000 1,500,199,000 99.692 383,806,128 532,000 686,527,300 Oct Oct days 2 years Oct 1 days 9%-12 yrs. 12 years Oct 1-31 1 Total for for ten "1.220 a 383,806,128 532,000 100 a ^86,527,300 100 October- Total "Average separate c ■ 2 8,574,255,428 rate municipal on series, from 10 of all to years financing for the first ten months doubled Total $390,611,158 2,180,965 and $10,000 to H 8 437,883,640 1,936,400 July 647,165,350 18,900,780 411,775,430 526,974,280 , — August 1,865,000 528,839,280 _ _ 3,682,420 259,120,375 2,147,000 463,945,200 255,437,955 _ __ _ September 461,798,200 _ October number i 476,908,250 Total a Comprised follows: three of $4,253,039,343 3,475,840 480,384,090 j.' $80,990,345 $4,334,029,688 $20,000 (NEW)—New starts accruing at the yield is higher in each annual on maturity current has individual purchases has been value. income bond, Series H, of as be May to maturity, 2.50% for higher and K previous 30, 1953. of Sale sold are if 1952 Sale c G than Series instead Bonds. those combined For June 1952,. 1, limit is of J F and notes and available held of to maturity or two Treasury notes of Series par accrued maturity each on or purchase of two yield a $20,000. Annual Bonds, Series purchase and J limit of footnote see A was on terminated of Series B began on May interest "C" began the to the to interest years interest respectively, return of 2.76% when of 2.537© for F Bonds K will Series J $200,000. Series of accrued at to G. to data on Savings "Chronicle." par K former rate Intermediate yields of increased Treasury and and the of of Treasury notes at annual on K—These replaced Series F and G Bonds, 15th of Oct. of 1, the May on 14, 15, 1953. Notes the approximates on 15th 2687, page 1953 month month 2.47%. and and Sale are and sold if held interest approximates $2.20 per month for data on Treasury notes, see foothota years, $1,000 note. For previous 1470, October 19, 1953, "Chronicle." page Below we present a tabulation of figures since January, 1951, showing the different monthly amounts of cor¬ porate financing. Further revisions in the 1953 and 1952 figures may be necessary, particularly as additional pri¬ vate financing is brought to light. " ; j limit with interest paid by check semi-annually. Redeemable time after 6 months from issue date, on one month's notice. any H 346,904,800 May June as months, at par 367,400,365 18,214,900 23,648,290 392,874,650 1 _ Refunding $4,938,750 323,256,510 . April basis, changed were beginning June 1, 1952; bearing 3% interest, compounded semi-annually, when held to maturity. Issued at par, Series H will mature in 9 years and March discount which Individual year. from SERIES held $385,672,408 365,219,400 419,668,740 — bank a of 105,358,455,187 9 years, 8 months. ' Interest instead of one year. Also the months 6 Series 15, 1973 of the City of Van¬ New January February months-,, E—Beginning May1* 1, 1952. Overall interest rate raised from 2.9% to 3% compounded semi-annually when held to maturity. Higher rate achieved by shortening the maturity of the Series E Bond $50,000,000 of 1953 is set forth below: mortgage and collateral trust bonds, series C, due April 1, 1973. 24 1 September SERIES J AND Gas Corp. emission of $25,000,000 33A% sinking debentures, due Oct. 1, 1973; the $20,000,000 issue of Commercial Credit Co., 3%% 13-year Unsecured subordinated notes, due Nov. 1, 1966, and the Interprovincial Pipe Line Co. offering of $15,000,000 4% first totaled were British Columbia. couver, fund October October in 414% debentures, due Oct. United in Sep 24 end Canadian Corp. placement of $40,000,000, 314% general mortgage bonds, due Oct. 1, 1983, the $30,000,000 placement of 314% first and refunding mortgage bonds, due Oct. 1, 1983 of the Public Service Electric & Gas Co. along with a $20,600,000 stock offering con¬ sisting of 800,000 shares of its no par common stock, the offerings 3,000,247,000 yrs. c SERIES Possessions. followed by the Niagara was years 2 years dollar volume emission of 25-year 3%% debentures, due Nov. 1, 1978 of the Province of Ontario and the $9,350,000 issue of $25 2,150,175,000 4,722,506,000 12 years for intermediate of 1,500,139,000 1,500,288,000 1,500,184,000 1,500,148,000 4,722,506,000 3,000,247,000 368,102,436 2,022,888,000 2,555,693,000 days 9%-12 1 Oct 1-31 0.34%. shares .2,367,832,000 1 year 3Va 2 9,635, 995,210 25.54 that of the previous month was due in Power Private days days days comprising 1,946,829 91 91 91 States This 3 Sept 10 Sept 17 larger offerings placed in October, last, $65,218,772 issue of the Pacific Gas & stock. 478,751,200 a the $309,432,675 or 72.28%. This was followed by miscellaneous offerings which comprised $47,622,819 or II.12%; other industrial and manufacturing $31,325,272 or 7.32%; oil $20,199,500 or 4.72%; investment trusts, etc. $12,193,600 or 2.85%; railroads $5,850,000 or 1.37%, and land, buildings, etc., $1,117,150 and iron, steel, coal, cop¬ or Sept 1 2% a 1,272,000 100 478,751,200 100 1,272,000 ; 99.465+ "2.116 371,218,010 „ Sept during October above large measure to $150,000,000 offering of the New Jersey Turnpike Authority; the $31,045,000 issue of the Commonwealth five-year table, we find that public utility the bulk of the month's financing and up (both together) $1,465,750 Aug 27 Oct 1-31 each "2.001 Yield "2.136 2,781,117,000 100 371,218,010 2 years Sept 10 tember which amounted to $463,945,200. 3.93%. or 45.87 figures. The poses. "2.101 99.489 2,781,117,000 August- 1 ; issues and the remainder is¬ l for 34.24 Municipal financing in October footed of which $476,908,250 represented totaled per, etc. Aug 1-31 Aug 42.59 384,090 placed in 37.83% of the jwere- 99.469 2,363,408,000 2,494,745,000 2,545,880,000 Aug 20 —•!•_— : ; 1,500,435,000 1,501,834,000 91 days Aug 20 91 days Aug 27 92 days Aug 5 Aug 15 1 year Aug 1-31 Aug 1 9%-12 yrs. Aug 1-31 August 12 years Aug 6 Aug 13 Sep 1-30 Sep 1 Sep 1-30 Sept, ; _i_; . 99.460 2,409,602,000 40 July October Price 1,500,409,000 1,500,959,000 days 33 increase an 91 136,577,500 ... August common ten Aug 6 Aug 13 % of Total 97,736,220 "May September 48 first Accepted $ 223,360,000 "April October, stock offerings rose to $178,41.76%, as against $83,583,411 or 11.82% of September's over-all total. Compared with October, of to Amount Applied for Due 222,700,000 "March or total the in Total Amount 26 ... 774,616 A amounting $264,621,500 February dollar volume for of privately January June the issues of that month's total volume. No. of Issues fermg totaling only $250,000. Notwithstanding 43 Amount Dated July 30 follow: 1953 ... 58.18% of the total volume, while short- or 30.5% or Corporate months of comprised Date Offered Total of the over-all total. $249,065,000 financing $286,014,000, capital financing for October, last aggregated $421,425,596 or 98.44% of the total volume of the period, while refunding issues footed up to only $6,664,020 or I.56% corporate USE OF FUNDS Type of Security Dated Total Amount Accepted New . Refunding Indebtednes» . Total SUMMARY OF CORPORATE FINANCING BY MONTHS -1953New Capital Total Refunding $ 1953, 1952 AND $ New $ Capital Total $ New Total Refunding $ January 500.772,709 9,548,200 552,923,152 246,698,840 14,805,818 625,307,965 25,159,845 576,914,161 650,467,810 543,374,952 Februaiy 365,724,376 75,851,400 441,595,776 March 375,040,536 27,152,235 261,504,658 402,193,771 518,444,956 5,999,485 524,444,441 825,109,085 13,357,925 838,467,010 804,709,210 81,607,950 886,317,160 98,757,525 1,832,965,938 1,426,448,586 __ 1,704,525,630 April 47,300,782 603,465,864 1,751,826,412 1,734,208,413 123,566,003 1,550,014,589 10,540,950 614,006,814 748,507,085 39,854,250 788,361,335 638,595,471 83,166,875 bills 1,500 254,000 1,200,547,000 299,707,000 July 9 91-day Treas. bills 1,500, 174,000 1,400,812,000 99,362,000 91-day Treas. bills 1,500, 280,000 1,400,736,000 99,544,000 July 23 91-day Treas. bills 1,500, 400,000 1,500,400,000 July 30 July 15 91-day Treas. bills Ctfs. of Indebted- 1,500 209,000 1,499,924,000 July U. 1 15,677,234 645,124,314 776,722,925 150,613,000 927,335,925 404,604,523 18,036,450 36,762,169 422,640,973 867,715,459 Savings Bds. S. Second Tax Total antic'n notes. for July 6,727,000 683,632,364 89,038,025 778,677,434 2,289,452,274 62,980,353 2,352,432,627 2,202,135,374 197,194,250 2,399,329,624 1,821,877,428 190,241,350 2,012,118,778 3,993,977,904 six months 110,281,135 4,104,259,039 3,936,343,787 295,951,775 4,232,295,562 3,248,326,014 313,807,353 3,562,133,367 49,789,700 1,203,031,903 91-day Treas. bills 91-day 91-day Treas. bills Aug 20 676,905,364 Treas. bills Aug 27 92-day Ctfs. Aug 1 Aug August July 584,576,955 ; 10,724,440 595,301,395 1,153,242,203 491,611,920 33,943,362 525,555,282 239,168,027 2,773,203 241,941,230 203,265,164 153,190,133 356,455,297 308,028,606 19,778,730 1,865,000 707,272,786 418,435,408 71,897,483 490,332,891 428,793,272 19,735,000 quarter 1,529,152,768 5,523,130,672 15,362,643 3 1,544,515,411 1,774,942,775 274,877,316 2,049,820,091 1,228,433,798 73,457,092 1,301,890,890 125,643,778 5,648,774,450 5,711,286,562 570,829,091 6,282,115,653 4,476,759,812 387,264,445 4,864,024,257 Sept 24 421,425,596 428,089,616 quarter bills 1.501, 834,000 1,500,777,000 2,781 117,000 l,0~57~66o 2,781,117,000 Savings Bds. antic'n notes. 371,2~18~,010 371, 218,010 1 Depositary bonds Tax 7,277,396,377 272,000 1,272,000 478,751,200 478, 751,200 4,722 506,000 3,000, 247,000 1 Depositary bonds— Tax antic'n notes. 795,652,321 83,252,400 878,904,721 Sept 786,886,789 8,586,952,400 6,332,035,784 533,101,645 6,865,137,429 Total Oct 1 Oct Treas. bills bills bills bills October The The Treasury on Oct. 28 announced the offering for cash subscription of an issue of $2,000,000,000, or there¬ abouts, of fully marketable 2%% Treasury bonds, to be dated Nov. 9, 1953, and to mature Sept. 15, 1961. The results of this' offering will be given in these columns next month. of Treasury Notes and on Oct. 1 Treasury announced Savings Oct. 23 that Notes, Series C, offered /under Treasury Department Circular dated Oct. 1, 1953, at the close 1953, until further notice. of business Bonds, STATES TREASURY for Friday, Anticipation Due Applied for six months , i DURING 2 91 days 2,191,934,000 1,500, 254,000 99.468 "2.107 9 91 days 2,165,888,000 1,500, 174,000 99.493 *2.007 July 9 July 16 91 days 2,276,662,000 1,500 280,000 99.468 *2.106 July 16 July 23 91 days 2,380,096,000 July 23 July 30 91 days 2,262,326,000 1,50(5 209,000 8,686,806,000 5,900, 636,000 402,193,677 402 193,677 July 1-31 July 1 Total 2 years 471,581,700 for July__ Treas. Treas. Savings Depositary 1 bonds— antic'n Tax for for bills Bds. notes. October ten months. 1,501,118,000 1,500,620,000 1,500,904,000 1,500,549,000 1,500,199,000 383,806,128 532,000 1,500,319,000 799,000 1,500,620,000 1,500,280,000 624,000 1,500,549,000 1,500,110,000 89~000 383,806,123 532,000 686,527,300 686,527,300 8.574,255,428 1,440,511,336 7,501,878,000 1,072,377,423 105,358,455,187 85,333,120,500 20,025,334,687 (Continued on page 6) % $ July 4,087,000 Oct S. 368,102,436 20,040,000 952,036,900 57,804,697,33$ July 12 years Oct U. Yield 2 July 1-31 July 91-day 1 Total 1953 Price 25 July 6 July 15 247 days July 1-31 July 1 9%-12 yrs. 91-day Oct Amount Accepted July Jun Treas. Treas. Total $ Total Tax FINANCING Amount Dated Notes. sold between Oct. 1 and Oct. 4, were dated 15 and if held to maturity or two years, interest would approximate $2.20 per month for each $1,000 note. notes on Savings Depositary Bonds. UNITED the Sept. The Treasury Department announced the sale of Treasury Savings Bills, Date Offered The Treasury Department offering of a new Series C, suspended Treasury Department in October outside of the above confined its operations to the usual weekly sale 91-day 91-day Oct 29 in 8 Oct 22 Financing 20 ,040,000 952, 036,900 368 102,436 September— 15,063,691,336 13,623,180,000 for 91-day Oct 15 Treasury 100,332,000 4,722,506,000 3,000,247,000 801,821,530 145,837,200 2,001,113,172 852,717,210 1,500,139,000 Treasury notes—U. S. Savings Bds. 490,448,976 631,759,475 Sept 15 46,641,300 1,855,275,972 8,783,278,000 1,500, 139,000 1 15,943,500 585,118,175 216,057,698 2,304,836,747 9,635,995,210 bills 1,399,956,000 474,505,476 2,088,779,049 August 1,500,148,000 938,882,830 Sept for 91-day Treas. 91-day Treas. 1,500,184,000 564,132,387 7,800,065.611 390,000 1,500,,288,000 82,207,165 tRevised. fee 1,500,569,000 1,500,435,000 1,500 148,000 89,650,200 44,200,333 757,621,197 12 months would 29,000 1,500, 959,000 1.500, 435,000 1,500, 184,000 856,675,665 Sept Oct. 23, 1,500,380,000 bills 474,482,187 6,664,020 November-, December The 7,002,419,000 1,500 409,000 Indebted.. Treas. of S. 402,193,677 4,087,000 471,581,700 087,000 471 581,700 91-day Treas. bills 91-day Treas. bills Ctfs. of Indebted- Sept 10 Sept 15 October Fourth U. Total Sept Sept 17 months Nine 1 Aug 448,528,272 September Third 4 285,000 5,900,636,000 327,807,336 705,407,786 AUgUSt 402, 193,677 14,279,815,377 6 Aug 15 quarter 1,093,301,499 5,900, 636,000 Depositary bonds1 July Aug 13 _— 9,382,332,336 Treas. 721,762,346 629,447,080 1,056,539,330 May June 57,804,697,836 48,422,365,500 91-day July First quarter months— 2 July 16 Capital $ 16,141,452 i six July -<•1951 Refunding $ for 1951 -f1952- 1,500 400,000 99.462+ *2.126 99.455 100 *2.157 2'/a a 100 2 471 ,581,700 100 c and 4 14,279,815,377 years year comprehensive tables on the fol¬ we compare the October ten months' figures with those pages the for the a 087,000 In the lowing corresponding periods in the four preceding, thus affording a fivecomparison. ( H 9 s- 3 2. o 1 S* 3 W 2 cu N3 -J *< Total $ 409,15 0 27485.0 61,4073 35,0 . 0 4 1,2750 Capit l 325,860 41,"05970 41,39 34 35,0 0 s New Total 1,275,0 549, 87 53,0 .0 238,10475 840,69583 104,9584 Refundi g 83,2 .0 17426730 20,4 1 $ —19 53,0 . 0 3,91542 16,903856 Parovnincdes 4 ,59743 234,1*89723 678, 672 Ciatnsada, 345,920 12o7lL20 81,43 26 $ 786^520 63,950 184,795213 4,650, 0 80,3689 547,196 2 78,96478 -195 Refundi g 78,1 267 $ Total municpaltes. Refundi g 67,89 6 $ -1940 Capit l of 21,670.4 30 ,0 0 90 ,0 0 105,4 87 41,35 0 265,9736 1,30 0 "87 50 1,64765 215,90 2,85,0 789.0 21,6704 89,5*674 8.750 60 ,0 0 14,60 0 87750 5144094,,9,55987873 76,90 19 5,839,765 595,0 0 30 ,0 0 126,5927 40,15 0 21,90536 12,84.1 201,64 26 18.735,0 239,06279 105,3 0 96,10536 4,50 0 2,0 ,0 I.O MO 39704,51 547,196 2 1,546,27 78,1 267 786,520 Refundi g 43,*2 0 3,890 $ -1950 98,6136 5,839,765 595,0 0 83.2 ,0 14,60 0 4 ,150 360,8. $ the 63.95,0 3,298,0 145,67 8 Securites 8,750 01 <T> 18,7350 12,3670 65,10 75,0 0 4,50 0 .2,0 I7o~ "o~,6 o 26.80:6 345,920 New Doominf 789,0 41,35 0 9,370 1,30 4,986,0 20,4 .0 2,85,0 a Total 60 ,0 0 41,35.0 167,29.0 1,30 0 5.75.0 215,0 2,85,0 $ q cr •i >-* 90 ,0 83,74 3 41,35 0 176,38 91 1,30 0 10,82576 20,950 2,85,0 786,520 1,546,2 7 78,96478 43,2 76O 3471* 5,20 S " Capit l 290, 149 120,78 40 79,38642 $ 490, 8976 18,50 0 394. 0, 385,9710 10,610 Refundig 14,26540 176 8,10 $ -195 18,497^213 4,650, 0 468,231 9 New Total V 267,413 16987304", 81,43 26 $ 654,379052 1,29 58,06 Capit l 18,7350 69,1240 65,10 41,6 0 4,50 0 2,0 ,0 1:0 0, 0 25^73* Devlopmnt. New Total Recaonstrudi 287,930 17,86320 321,760 for 15,94350 126.59,27 40,15.0 21, 4016 $ -195 Refundi g 267,413 20,816 13,05 0 15,63 0 123, 9 4 2,0 0 1,98,0 2, 40. 0 12,0 0 290, 149 $ 8,745,0 $ 18,7350 195,783.29 105.3 ,0 62,735016 4.50, 0 2,0 ,0 1.0* 0 38715*.4 12,84 1 84,27694 8,931,694 65,83 6 2,93506 1.67,0 7,15,63 20,157482 13.05,0 19,851 94 8,931,694 189,03860 4,93506 1,98,0 13,40760 19,351 63 1,50 , 0 4,02 0 14,26540 1,678,10 1,678,10 Bank FOMTFYISSCUTECIHONAVANRHIPBRREESAD FTMOFYICNELFAHIGAUAVOVBRRECERPGSNDMLT, Capitl $ New Total 276,0 94 1970.4 79,38642 47,50476 18,50 106,5 0 368,1490 10,6 0 978,21386 23 ,0 5,8 7,8 5 60, 0 72,150 308,735240 7,25,0 $ 70,3290 162,48905 938, 2830 Refundi g 80,6450 307~i25 1,035,140 82,07165 $ —1932 Capit l 689,43 0 23,0 5, 0,350 16,45391 $ New Total $ 250, 0 249,085 0 16,8310 16,94361 Refundi g 6, 4,02 6, 4,02 Capit l 24,098 250,0 16,830 16,94361 —1953 $ New SOUMFARY Fedral 67,450 3,475,840 7,589 60 84,27694 8,931,694 64,0576 2,93506 1,67 0 7,15,63 Total $ 276.0,94 14,870 32,91 0 9,548,0 237,1870 14, 720 2, 50, 0 38,150 70,3290 23 ,0 0 23 ,0 0 43 13.05 0 19,85194 8,931694 178,5036 4,93506 1,98,0 1,9076 15,31563 198,4732 ,"207*813 10,652419 ,9230 183,0 0 14,31 95 168,34 90 14,870 367,12 83 9,548,0 248,0 19 24,39.50 2,43 ,0 52,461395 Refundi g 1,50 0 65,78 0 20 ,0 8,68,0 2,8,0 2,50, 0 153,50 Capit l 13,70 258,1340 9,3480 28,4307 142,590 37,9650 689,43 0 23 ~0 23 ,0 20,4 0 19,0 0 80 ,0 0 35, 0 249,065 0 250, 0 250, 0 348,60 317,150 348,60 14,76 5 10,6752 1,9,50 12,9360 12,7 819 178, 461 5,80, 0 309,42675 31,25 72 2o.l9»,ou 1, 7,150 12,9360 47,62 819 foraSogmatuenicnfpnaclteyedss ONGARENUFWPID 1,03 8 46 bobtayined i *** 49738,5,0260 6427,*13727 10,652419 9,S230 183,0 14,03870 167,04265 13.70, 30, 6 73 9,3480 239,16 9 24,15 03 183,0 52,0 370 $ —1953 80,6450 307,525 1,035,140 1,342,6 5 1,50 , 0 6,82014 20 ,0 8,68,0 2, 8 .0 2, 50, 0 461,025 the 1,2938605 1,073 6 421, 596 59,30 75,0 476,90825 $ FCOREPIGNAT, 428,0961 59,30 142,950 480,3 90 ^Interaiol 740, 0 8,1 0 New 1,3875 ,0 Governm t. 72,150 3,749,0 158,71 65 856,7 5 60, 0 30479*86,20 7,250 Capit l 13,05 0 15,630 14,57 94 2,0 0 1,980 $ 46489,203,18976 1,50,0 4,02,0 15,94350 10,42350 $ New Total —1953 Refundi g $ 5,8 0, 0 167, 50 $ 3,09,720 6, 4,02 3,654,30 250, 0 $ CHAR TE 856,7 428,0961 3,654,30 Capitl 5,80 167, 50 16,7450 19,0 0 80,0 32,4028 82,07165 3,0 9,720 6, 4,02 348,60 317,150 348,60 14,76 5 10,6752 1,9 50 12,9360 12,7819 178, 461 5,80, 0 309,42675 27,60972 20,1950 1, 7,150 12,9360 4,61309 421, 5 9 New etc 24,098 - 25ma0nu,fctrig—. etc. . manufctrig— etc. —._ manufctrig— etc. OFOCTBER boannondtesds. stock stock boannondtedss. stock stock boannontdedss. stock stock corpate OFCO T BER toal foreign— InBteraaionkl Governmt forgeoveirgnmntLGooaaagnvndcie,s•M&unicpal—tS.es,,SPotsaeeisn BNootaensd-s j utiles csecotopetallr,,, manufces ori indamuansnutfrdctrlig bueildtncgs, Ithntrrvoeauslddtsmiinnngg,,,Micelanous SBNhoooatretn-Tsde-sm utiles csecotopteallr,,, manufces ori indaunstrdl bueildtncgs, hIttnrrovauelsdtsminng,,Miscelanous utiles cescototpea.ll,,,manufctres oi. inadunstrdl bueildtncgs, . htItnrorvaeulsddtsminng,,Miscelanous ".— utiles esccottoepa.llr,,,manuf acesori indaunstrdl bueildtcngs, httorrInaluvdesistnmgn,,Miscela—nous cseocrpuritate MONTH DtCorp ae- omestic— Long-term Short-em Pref red Com on Candi — Long-term Short-em Pref red Com on Other Long-term Short-em Pref red Com on Grand Total Candian S !i Other Farm United MONTH Long-Term Railroads Public Equipment Maotnords Iron, Total Other Land, Rub er Oil Ship ing Railroads Public Iron, Equipment Maotnords Other Total Oil Land, Rub er Ship ing Stocks- Railroads Public Iron,' Equipment Moatnords Other Total Oil Land, Rub er Ship ing Total- Railroads Public Iron,Equipment Maontodrs Other Oil Land, Rub er Ship ing Tcttl Total S 3.926,41572 5,940, 0 325,6450 48,503^9 37.0 , 0 30, 0, 0 hmo o Refundi g 248, 9573 209,474 27,0630 21,37483 Capit l 3.678,1209 5,730,526 298, 250 467,3 076 Total « 6,0 ,0 16,0 0 23,14 0 21,50 0 3,0 ,0 New 10, 0 13,70 10,5 0 1,0584 ,0 2,9465 , 7 5,70 37,0 71 7 3,5872 ,50 157,420 54,016 08 0,45306 27,54 50 24.35790 2,375 ,089 4,51789 Refundi g 1,092 1,697 51,309 31,643785 6,428,4 0 8,0 ,0 $ -1950 5,940, 0 571,3 963 24, 570 160,42.65 1,958,740 Refundi g 20,7340 163,05 47 1,250, 0 14,56826 20,5 0 9,417,0 19,2650 165,0 0 4 ,474 209,474 47,0 :4 Capit l 410,890 1.692,74 1 91,208 6,39,0 1,80,0 601,874 597,80 35,0280 2,60,0 45,60 0 2GO,TI*2;5 5,025,0 105, 26 5,730,526 *8:750 25524,307 19 4, 570 160,94 05 1,60,240 175,0 0 7,51,350 48,25.862 405,8 60 2,05649,0 106,8 750 6,2b6,0 361,^8250 295.76,350 56,250 1,638:56 6,50 0 257,0 17,0 0 ! 8,43257,41 municpaltes. 30, 0 1,275,0 f 279X 608 150, 0 Total 296,712830 94,o"7o6 8357* 50 25, 4 7 10,7 0 $ -194 4,81 9,781 $ 430,92 0 1,8570,264 92,3708 6,39,0 1,80 , 0 61,250 617,90 4, 5.0 2,60,0 45,60,0 s -194 1,2607 and $ 7,10546 CiPartonvisncdes, New 9,26 3,71 Doominf Total $ the 10, 0 13,70 10,5 0 761,905 4 3,0 3 1,895,0 2,65037.865 Refundi g 97.8 ,10 735,02 87 2,547,0 147,09143 36,91250 12,45 0 $ Seocuritefs -1950 17,0 0 70 ,0 0 175,0 0 7,51 ,350 49,2 951 430.923,0 2,43918,27 16,1 50 6,39,0 1,80,750 76,89205 619,85.740 4,620. 2,60,0 45.60 0 7,51,350 328.75Q 9 397,089 20,7340 210,4 791 1,250, 0 15,0 976 20,34850 9,417,0 19,70653 4 7, 50 298,50 410,89.0 2, 6743 15,36 0 6,39,0 1,80 75© 761,8 679 59,1024 35,203 0 2,60,0 45,60 0 7,51,350 309,4 96 241.250 405.8 60 2,78193,58 162,397 85 6,26,0 578,04 81 36,1806 58,412 70 iJsXo S 95,43.951 497,2389 139,7250 157,420 708.27O58 5,694235 " 241:250 215,73061 40,35210 1,78,270 29,043:951 10,29189 68,295 67 3,9415672 YEARS 1,4,892356.5 69 8:750 5,790, 0 10, 0 16,0 0 1,068 ,50 240,78.136 32,0 0 51,309 51,309 30YX240 6,097:45 267*,270 97.8 ,10 765,8 127 2,547,0 153,8 9 36.912,50 12,7 70 120,498 67 "*872:30 O96,1584 Devlopmnt. F3YECIVA1TR.S 13,60,2748591903 MTFMUIENOFN3AHONICCDCIPTREVA1HLGRSE. 1,14,522360116,,83592877744068549 GONCRIOSREUPFPUWIAET 3SOUCFGOMORVPEAFRRIYMAE,, 1315—NCRCTNaeaeopfuepiwnttidwllg$$s$4,13420,8776870951353 ,0.2 9158438,3 260 I',—i-,3•80—662215.518 — ;• v- —.j51,639,240578964298 170,. 112.5,00 -3659,634375482. . 110,2794037,66933258 fbSfuromtaaunonicgdpiyeeldsstsy 3119195532NCRTCNReaoafeepupfntiuwtdinwidllggS$$S*231006,0,7 26944578 638^5 81,095 7m4a6,n73u3f7V21c*t8Xri6g16l-.:04,.2.509 0;514 32,e05t8c73.97 414,,2536023768,08413955 etc. etc. etc. 5,91643,025766873,942089984 Capit l 2,4950683 106, 10 512,37 23 573,61026 19,54 50 $ New Total -195 $ 4,012 4,852 Capit l 3.72,14 90 5.096,03 49,1563 759,21487 $ New LAONADN FARM 4,951268 5,49702,1 3,47350 461,3084 1.067,480 128,50 0 3,85o76o24,360 Refundi g 62,04 8 4,80,0 17,0 108 6,093, 40 7,2098,43 3,025,0 Capit l 307,9150 1,326 ,13 104,39750 6,26,0 214>*56~807 258, 250 4,17950 1,638,06 6,50 0 18,9173 296,540 2,371045 53,8750 150. 0 241,85.0 46975,06 2,5103 92 17,601 0 10, .0 67,850 120, 3650 1,52897,430 63,71942 31,675,0 653.06,25 1768,0 1,65"470 273,6 58 17,0 0 0 0 1,782450 168,2 90 34,16 50 2.84,0 1,27634 128,9312 37,490 102,750 2.80,0 2.40, 0 304,1576 2,50 , 0 $ New 150, 0 27,850 1,874 *50 2,57901,37 17,601 0 403,27945 3079 ,6 1,4057*9,0 68,73125 2,50 , 0 67~4 750 5.0 ,0 IXsXo i S -1952 5,347,23 2,7 1.50 S $ 3,740692 5,796,0 548. 0,69 768,95427 2,50 , 0 9746 7250 5,0 ,0 1,450, 8 Refundi g 290,7.362 70 ,0 9,765 3 9,750,50 Total 3,0 ,0 24,35790 Total $ 27,9'"- TFMESONTEOHADNREHS 42,205931,9729766438603 121,07,8942343348062659 GRoUfBevlncaeooterannrstmrudikit. 17,0 0 70 ,0 0 8,39410 106, 1 0 67,43918 5,694235 24L250 209,63 176 40,352710 1,520, 0 29,043951 9,4195 606.0 0 250, 0 1,0 .0 1,4 0, 0 5,796,0 5,065, 0 587,3957 86,35621 Refundi g 18,3970 31,9570 4, 9,640 13,82065 12,*891 7 32,50 3,8720 1,50.0 70,8290 60 ,0 10 .0 Capitl 209,580 1,7493250 163,89260 20,34875 2,840 1,48720 96,3 12 3,607 102,750 2,80,0 740,0 23,1 67 1,90 0 60 ,0 150, 0 1,0 0 Total -105 2,56 ,0 $ $ New UNITED THE IN $ 439,04 0 :,1720,95 520,7450 16,0910 ,53804971 45511,205 19,450 132.0 ,0 35,06.0 302,1470 5,62 ,21 70 ,0 9,63 , 50 695,0 0 '-2,104 82 Fedral 28 10,98470 963,40 8,91,850 3,720, 0 4,80 , 0 2,56,0 4,83 , 50 695,0 25,80 3,673 50 763,8 58 27,5375 396, 0813 94,086 2 573.0 0 3,194,873 28.Y2X750 16,2370 184,650 20,670 861,27518 42,961758 146,82 7 86,47038 1,074,13 195,2486 89,2546 201,250 201,250 723,46 721,025 1,854, 19 2,371, 254, 2 34. 1.718, 179, 38. 24, 104. 390, 1,3874605841,2930 351,474908522691G.8 18*97,0 60,92 0 9,27,640 13,82065 176.25, 7 35, 05 3,8720 2.50 0 82,35.93 ,6450 ,398075 346,8 1 .34,875 284,0 .47,60 594.59 739,140 175.0 8 80 ,0 .249,16 214.198 2 2 214 2,310 245, 20 1,541 144, 34, 22 104 308, 439,04 0 2,94 631,248548,1 65 16,09,10 1,953 .163 649.70653 20,68,0 135,94873 63,2X750 45,861 20,390 78,61074 86,3 40 192,07.983 12.465,92 2.340, 0 20, .0 58,79208 236,7950 2,8710 ,58 462, 825 16,0910 1,76X2380 637.24068 17,28.0 15,94.873 63,2X750 36,79 53 23.102, 2,5967 ,38 243,0.158 28.059,375 958,O T027 502.9 ,438 17.94,538 27,60 0 231.64,8 1.237,9 46 31,0 0 28,946 05 630, 0 4,051479 2,07,025 1,20,0 4.51,30 19,58039 184, 750 20,4570 854,290613 42,961758 146,396 85,746013 1,074,13 195,2486 87,430927 1,42768,3 20,12.0 2,56783 24,67158 28,059375 914.03:548 50,92413 17.94,538 26,40 0 27,13546 1,274385 2946,87130 EONCTDBER anoteds boannodtess ~ naontesd. — BankGovernmt governmtGoagevnci,sMAunicpal—tStes,,Posein. inncluodte MEOONCTNDTBHESR LBNonoogtaen-Tsd—ersm ™ utile.s sccetooeptall,r,,Eqmuainpufmceenst. mi@idor6indausntrdl bueildtncgs, .iItntrvreuastdsminng,,Miscelanous SBNhoooartt-neTesd-ms utiles sccetooeptall,r,,Eqmuainpufmcenest anodri.indausntridl bueildtncgs, tItnrrvuaesdtsminng,,Miscelanous Stocksr-•— Utile.s scceotoeptall,,,Eqmuaniupfmcterenst andoieindausntrdl —bueiltdc.n™gs, ttInrrvauesdstminng,,Miscelan—ous utiles csceotopetall,r,,Eqmuainpumfcenets a:nodri indausntrdl — bueildtcn.gs, > trttanrduviesnngt,,Micelan„—o.2us csoerpcuriatte MONTHSCbrpoat— Domestic— Lboongn-tedrms Short-emPresftorcekd Comstocokn Candian— Long-term Short-emPresftorcekdComstocokn foreign— Lboongn-tdersmShort-em Presftorcekd Comstocokn - corpate tIneraionl{Candian foreigLnoaannd Staes Itoal f•idTghuerosees v Grand Total Other , 10 . 7,536,905 800 2 233. 10,8359 37,40 13,96 0 1,450, 0 50 ,0 CAHARNDTE , 1,635,4 8 the 37,40 13,96 0 1,450, 0 50 ,0 0 - - —- 132,140 425,96 3 48,051463 1,450 8 21,5*09:416 73,64152 25, 80, 0 38,473 .50 74,85 298 2,537,15 405,8263 197,806 2 573,0 0 3,194,873 YX75017,85916 4,80 , 0 042,50 324.075 624,521 164,50 284.0 19 ,827 925,095 61 .140 ,17508 000 749,416 573,15 132,140 489,3058 50,781963 1,450, 8 2,509:416 85,175 28,3690 4,82.0 63,8403 2,730,50 1,0 ,0 1,476053 1,40 5,096 0 5,06 50 59,1705 81,507621 241,250 307,9150 2,016 5231 159,80 5 6,26,0 42,859 3 29,056 45,6950 XeXsXob 95,43951 376,2543 ». , Other Farm ♦ United 10 . Railroads public Iron, " Motors Other Land, Rub er Ship ing Oil holding, manufctrig holding, manufctrig holding, manufctrig holding, Total • Public Iron, Motors Other — Land, Rub er Oil Ship ng Public Iron, Mot rs Other Land, Rub er Oil • , Ship ng Total- — Ship ing Public Iron, Mot rs Other Laud, Rub er Oil InVe Total The Commercial and 6 Financial Chronicle . . Monday, February 15, 1954 . (714) '9,000,000 (Continued from page 3) Water Pennsylvania collateral FINANCING •INTRA-GOVERNMENT Retired Net Issued S $ 1 36,000,000 119,353,000 111,333,000 163,234,000 203.452,000 for July. Total 147,333,000 56,119,000 August— Certificates Notes 105,109,000 August.. for 50,000 93,150,000 11,959,000 486,464,000 ______—— Total 381,305,000 381,355,000 — 93,200,000 105.864.000 57,500,000 Hutton & Certificates 93,863.000 103.000,000 19,137,000 Notes 30,179,000 91,720,000 Co.; 161,541,000 194,720,000 1,738,005,500 ten 124.042,000 ' Savings Life Insurance Federal Mutual National Service Corporation, and +Net retired. '8,000,000 Tampa Corporation. Savings and Loan Insurance 225,000,000 During October, 1953 Notes (Issues Maturing Later Than Five Years) „t Bonds and Long-Term t RAILROADS equipment trust certificates, 1, 1953 to 1967, inclusive. Purpose, for new equipment. Price, to yield from 2.50% to 3.35%, according to maturity. Offered by R. W. Pressprich & Co.; Freeman & Co.; and Wm. E. Pollock Ohio ItR. 3% % t$l,500,000 Baltimore & i & 14,350,000 annually due FF. series Dec. , Inc. Co., Seaboard Air Line RR. 3% equipment trust certificates, series N, dated Nov. 15, 1953 and due semi-annually from 15, 1954 to Nov. 15, 1968, inclusive. Purpose, for May Price, to yield from 2.10% to 3.10%, according to maturity. Offered by Salomon Bros. & Hutz¬ ler; Drexel & Co.; Union Securities Corp.; and Stroud equipment. new & Co., Inc. -> Life UTILITIES son, Copeland & Co. of Ohio 4% first mortgage bonds to repay bank loans and for new privately to New York Life Insurance Aetna Life Insurance Co.; and Connecticut General Insurance Co. through Paine, Webber, Jackson & due Co.; Life Curtis; Securities Webster ton Corp. Mutual Life first mortgage bonds, due Sept. 1, 1983. Purpose, to repay bank loans and for new construction. Price, 102.31% and accrued interest. Offered by Union Securities Corp.; Goldman, Sachs & Singer, Company; Co., Marks M. Laurence & & & Co.; & Noel Yantis Co.; & . due Gas Oct. & Co. 35<a% for Purpose, Interest. accrued and Co. Electric & 1983. 1, 102 Vb % bonds, Price, first mortgage construction. by Halsey, new & Gregory Dick Co.; Son, & Sold Co. Oct. due Placed Webber, Jackson & Curtis; Patterson, Copeland & Kendall, Inc.; Peters, Writer & Christensen, Inc.; Wm. E. Pollock & Co., Inc.; Prescott, Shepard & Co.. Inc.; Raffensperger, Hughes & Co., Inc.; Chas. W. Scranton Stokes Walter Nicolaus Stifel, Co.; & Stroud Co.; & Co. & Co., & privately > * Oct. 1, Purpose, Pierce, accrued and with Beane; & Fenner Salomon Laurence & Oct. Hutzler & Stroud and 48,000,000 Mountain States Power Co, 4% Offered 1 & Halsey, by & & Mullaney, cific Wells & & & 440,000,000- Niagara Co., Mohawk new & 300,000 Co.; Clark. Co.; Thomas Tower Fulton, & & & Co.; Co.; Co.; McDonald & rill. Turben & Co.: Deane C. Legg Ballin & Lee; Coffin Co.; & Co.: Sutro Co.; Fauset, Chace, stocks 10-year new insurance Sept. 1, Sold capital. debentures,- due Sept. loans, etc. and for accrued interest. Of¬ promissory 4% Co. for due construction. companies. notes, due Placed pri¬ computed A.) of stated par value a par no general and mortgage accrued & & Burr. Co.; Kean, Shepard Prescott, Taylor Co., & Co., Inc.; Scranton & Chas. W. Swiss American Corp.; Inc.; Scribner; Fahey. Clark & Co.; J. S. Strauss stockholders, minority Telephone & Telegraph additional shares. Co. 12-year 6% debentures, refunding ($217,300) and for Price, 100% of principal company to public, without under¬ Co.; & Steele Whiteside, J. B. Boettcher & Co.; West Hilliard and Co.; Sweney, & Oct. 1963, '3,250,000 Phillips-Jones Corp. Jan. i 15, Inc. and first chattel mortgage 5,000 190,000) and privately United 4,341,250 stock without Co., underwriting. American parent subscribed for 564,805 , ( with the States. Sold privately to Penn Mutual Life Insurance Co. '15,000,000 Interprovincial Pipe Line Co. 4% first mortgage lateral trust bonds, series C, due April 1, 1973. and col¬ Purpose, Sold privately to 37 institutional investors through The First Boston Corp. for expansion. Oil '2,500,000 Lawton for Corp. 5% general corporate Life secured notes, due purposes. Placed Insurance Mutual Co.; Stephens Investment Co. of New York 1960. Purpose, privately with through W. R. Co. LAND, ETC. BUILDINGS, West Virginia, Inc. 3l2% bonds dated Sept. 1, 1953 1. 1954 to' July 1, 1968, inclusive. Purpose, for new construction. Price, 100% and accrued interest. Offered by B. C. Ziegler & Co. $800,000 Sisters to i of 4%4% and Co. Per G. H. & Company. due the first Holy Ghost of serial July Boston Merrill Co.; Oversubscribed. Gas Co., Inc. 25.000 shares of stock (no par). Purpose, for Placed privately Cruttenden & Co. with Investors Diversified Serv¬ through Price, S100 per share. Inc. ices, /10,970,363 Natural preferred | Island Lighting Co. 685,648 shares of common stock (par $10). Purpose, to repay bank loans. Price, $16 per Long by company for subscription Unsubscribed shares (17,482) Offered ley •Represents & Co.; issues placed privately. Jlnditales issues sold tlndicates by common underwritten Inc.; The First Boston Corp.; W. C. Lang¬ Smith, Barney & Co.; Glore, Forgan & Co.; by Blyth & Co., mortgage semi-annually from The First share. Underwritten by The First Walker & Co.; Blyth & Co., Inc.; construction. new stockholders. Co.; 13 institutional investors through and Union Securities Corp. '2,500,000 Kansas-Nebraska $5.65 cumulative share. $19,000,000 Corp. public Co. (Inc.); W. C. Langley & Co.; F. Co.; Quail & Co.; Alex. Brown & Sons; W. Placed of shares of 4.56%' Re¬ S. Moseley & E. Hutton & Co.; Bacon, Whipple & Co.; Robert W. Baird & Co., Inc.; Blunt Ellis 8c Simmons; Julien Collins & Co.; Edward D. Jones and Co.; Lester, Ryo^s & Co.; W. L. Lyons & Co.; Pasadena Corp.; Putnam & Co.; Rauseher, Pierce & Co., Inc.; Reinholdt & Gardner; Smith, Moore & Co.; Boenning & Co.; J. M. Dain & Co.; First of Iowa Corp.; Mason-Hagan, Inc.; Schneider, Bernet & Hickman; Barrett & Company; Fraser, Phelps & Co.; Hamlin & Lunt; Hanrahan & Co.; Miller & George; E. M. Newton & Co.; Sin¬ cere and Company; T. C. Henderson & Co., and Ravenscroffc 4%% promissory notes, due annually inclusive. Purpose, refunding ($2,- for working capital ($1,060,000). Equitable Life Assurance Society Electric Co. 60.000 Iowa Electric Light & Power Co. 230,000 shares of common stock (par $5). Purpose, for new construction. Price, Corp.; OIL House & shares of capital Lynch, Pierce, Fenner & Beane; Smith, Barney & White, Weld & Co;; A. C. Allyn & Co., Inc.; Central '$1,500,000 Cosden Petroleum Corp. 4Vi% promissory notes, due June 15, 1963. Purpose, to repay bank loans and for expan¬ sion. Michigan & $18.87M» $20,400,000 Stokes Inc. J 1966 to 1955 The Son; Cartwright Winslow, 3,898 preferi-ed stock (par $100). Purpose, for capiadditions and improvements. Price, at par. Placed Boston & Curtiss, & '6,000,000 Indiana privately with Laboratories, Picture due Bakei\ & Co. (par $100). Purpose, to repay advances from parent. Price, at par. Offered by company for subscription by Creamery shares of common stock (par $1), in units of $1,000 of bonds and 100 shares of stock. Purpose, for equipment and working capital. Price, $1,100 per unit. Offered by Gordon Meeks & Co. "as a speculation." Rey¬ Brown (Inc.); Estabrook & Co.; Haupt & Cm; UTILITIES Telephone Bell 389,800 Illinois inter¬ Inc.; Alex. taken at par, while pre¬ stock are prices.) PUBLIC Purpose, 1965. Tucker, Anthony & Co.; Witter are value and all classes of common their offering at \l $5,104,848 Florida Power Corp. 211.416 shares of common stock (par $7.50). Purpose, for new construction. Price, $24 per share to stockholders and $27 to public. Offered by comr pany for subscription by common stockholders. Unsub¬ scribed shares (10,288) underwritten by Kidder, Peabody & Co.; Merrill Lynch, Pierce, Fenner & Beane; Bear, Stearns & Co.; Goldman, Sachs & Co.; Hornblower & Weeks; W. C. Langley & Co.; Paine, Webber, Jackson & Curtis; Smith, Barney & Co.; Wertheim & Co.; White, Weld & Co.; Hallgarten & Co.; A. M. Kidder & Co.; Laurence M. Marks & Co.; L. F. Rothschild & Co.; Shields & Co.; Courts & Co.; Clement A. Evans & Co., Inc.; Beil & Hough; Grimm & Co.; Johnson, Lane, Space & Co.1, Inc.; The Robinson-Humphrey Co., Inc.; Florida Securities Co.; Leedy, Wheeler & Aleman, Inc., and Shaver & Co. Pa¬ Moore, Leonard & Lynch; Hannahs, Pacific Northwest Co.; Baker, Watts & Co.; & and life notes, and working Boston Corp. & Co.; & I Corp.; 1, Dec. bonds, McLeod, The First Cleveland Corp.; J. i 8% Paper four (H. McDonald 50,000 Motion Coe; Cohu & Co.; Julien Collins & Co.; Emanuel, Deetjen & Co.; John ferred of stocks tal 1 Oversubscribed. Co. & 100.625% Dean Ira Co.; Robinson-Humphrey Weeks & Co.; for by Young, Weir Inc.; Shearsort, Hammill & Co.; Granbery. Marache & Co.; H. Hentz & Co.; Henry Herrman & Co.; E. F. Hutton & Co.: Mer¬ Singer, 1973. 15, Offered for Kendall, Inc.; E. Pollock & & Wm. 3%% Corp. Price, Dodge Reid First Purpose, 1974. with Purpose, to repay bank loans and 1983. & Sons; Central Republic Co. , (City of), B. C., Canada, 4'/4% debentures due (Payable in United States funds only.) Pur¬ capital expenditures. Placed privately through Blyth '& Co., Inc. and Pemberton Securities Ltd. Oct. pose. writing. due Stifel, and Shields & Company; Walker H. subscribed. '9.350.000 Vancouver cumulative by The First Boston Corp.; Eastman, Dillon Lehman Brothers; Stone & Webster Securities Corp.; G. ( Hanseatic Inc.; Nov. 1, Hydro- Commission of Ontario. Price, 98.78% and accrued interest. Underwritten by Harriman Ripley & Co., Inc ; Wood, Gundy & Co., Inc.; Smith, Barney & Co.; The First Boston Corp.; A. E. Ames & Co., Inc.; The Dominion Securities Corp.; and McLeod, Young, Weir, Inc. Over¬ Electric Power ($82,700).* Dick & Merle-Smith; Copeland Purpose, Canadian Government capital interest. <te 1, 1955. $50,000,000 Ontario (Province of) 25-year 3%% debentures due 1978. Purpose, for capital expenditures by The working and Co.; "Mackall and due Feb. 1953 $142,950,000 due Hutzler; Shearson, Hammill Nicolaus & Co., Inc.; & Bros. construction. nolds & Co.; [ accrued 23A% consolidated Federal Farm Loan bonds. the - Pur¬ commercial bank borrowings and to provide funds lending operations. Price, lOOVa'/r and accrued inter¬ Offered by Macdonald G. Newcomb, fiscal agent for Inc. Offered est. I & Patterson, Inc. bonds, due Oct. 1. and Inc.; Christensen. Co.; Stroud " loans bank York New Co.; Co.; Writer Co., Freeman Inc.; Salomon Shields & Co., est. - '3,500,000 Marathon Corp. 4'A% promissory notes, due from Oct. 1, 1966 to 1969, inclusive. Purpose, to repay bank loans and for working capital. Placed privately with North¬ western Mutual Life Insurance Co. Stuart & Co. Inc.; Aspden, Robinson Parker & Redpath; William Blair & Marshall; Northwest Peters. for • 1954. by Macdonald G. f repay Co.; Company, first mortgage bonds, repay 101.58% Bosworth, Sullivan & Foster for to Price, Auchincloss, Co.; Co.; & Purpose, 1983. construction. new to amount. Bros. 1, The Inc. Northern 1, vately Oversubscribed. Sept. promissory expansion for through Reagents. '5,000,000 Great & . Marks M. 4V4% Inc. Purpose, capital expenditures. Life Insurance Co. for York New & Co. 1, 1963. Purpose, to repay bank working capital. Price, 100% and fered by Atwill & Co, All sold. Offered by Merrill Lynch, interest. Son, & 300,000 Dade 33<% first mortgage bonds, due for construction program. Price, Co. Power 1983. 101.265% Bird 1967. ** 44,000,000 Mississippi 75,500,000 Federal Land Banks bonds dated Nov. 2, consolidated 2.35% 1953 and due Aug. 2, refunding. Price, at par. Offered Ncwcomb, New York fiscal agent. notes, sinking fund notes, 20-year Purpose, 1972. 1. to 3%%' Co. privately privately Inc.; Thomas and Inc. Oversubscribed. Co. '4,000,000 promissory Philadelphia. of Optical '2,000,000 American Merle-Smith; First of Iowa Corp.; Heller, Bruce & Co.; Hirsch & Co.; & Inc.; Banks Credit dated Nov. 2, pose, Purpose, refunding and working capital Provident Mutual Life ($1,247,000) Wells & Co.; Paine, Mullaney, 4'/4%> Inc. ($753,0001. 1, Insurance Inc.; Auchincloss, Parker & Redpath; Cooley & Co.; Courts Intermediate debentures 1955-1963, inclusive. and for improvements Oct. due Stuart Offered Government Agency Issues Loan and $67,450,000 Federal MANUFACTURING Mills, Efired & through Kui'.n, Loeb 410,000,000 Kansas ' STOCKS '$2,000,000 American Bosworth, Sullivan Oversubscribed. & Gardner. tion Farm Inc. Co. & Five Years) five-year 7% notes. Purpose, for working par. Offered by company for subscrip¬ by its stockholders, employees and associates. $250,000 Nilsson Gage Co. capital. Price, at Corp.; Thomas & Company; Van Arthur L. Wright & Co., Inc., and American Swiss Notes (Issues Maturing Up to and Including $59,350,000 Co., Equitable Securities Corp.; Nolan, Inc.; The Ohio Scribner; & Deane Becker C». Folger, and Rcinholdt Inc. A. Co.; Francis I. duPonl & Co.; Inc.; „ Weld White. Co.; Short-Term Bonds and (Preferred 3%% Co. Electric Michigan & Inc. Co. & $35,350,000 Inc.; OTHER INDUSTRIAL AND 115/000,000 Indiana ($1,250,000). capital stadt Poole, Pomeroy, $167,665,000 Co. Insurance Bros. Schmidt, S. notes, due and to working Placed privately through E. Eber- subordinated 1963. Purpose, refunding ($3,000,000) refinance previous short-term, loans and for • & Salomon Alstyne, F. \ " . 4'/2% Inc. (James), '4,250,000 Talcott Oct. 1, & Co., Inc.; Rambo, Close & Kerner Inc.; Rand Rauseher, Pierce & Co. Inc.; L. F. Rothschild & <fc Inc.; *5,000,000 Houston Natural Gas Corp. 4'/a % first mortgage sinking fund bonds, due Oct. 1, 1973. Purpose, to retire bank loans and for new construction, Placed privately with Northwestern Mutual Life Insurance Co. and Massachu¬ setts Proscott, Inc.; Sold & E. Co.; Purpose, Stone Roger S. Palmer Hutzler; R, C. Schmertz & Co., Roberts & Parke; Schoellkopl'. Hut¬ Schwabacher & Co.; Shaughnessy & Co., Inc.; Singer, Deane & Scribner; Stern Brothers & Co.; Stifel, Nicolaus & Co., Inc.; Stokes & Co.; Walter Stokes <fc Co.; J. S, Strauss & Co.; Stroud & Company, Telephone 1983. Co. ' & Dillon Pizzini & Co., Inc.; Wm. E. Pollock & Shepard & Co., Inc.; Raffensperger, W. Inc.; Inc.; Co.; with privately Co.j Patter¬ Kendall, Inc.; Peters, Writer & Christen¬ Co., & # Gas Corp. 5% sinking fund debentures Purpose, for expansion, etc. Placed institutional investors through Eastman, ' Inc.; O Connell & Co. Hughes Inc. Co. & *1,700,000 Suburban Propane due Aug 1, 1968. Corp. sen, Gas Light Co. 4!4% first mortgage bonds dated Sept. 1, 1953 and due. Sept. 1, 1978. Purpose, to retire bank loans, Sold privately to seven insurance companies. debentures, series (with common stock purchase war¬ Purpose, refunding ,.($9,720) and for* new equipment and working capital i$390,280). Price, 100% and accrued interest. Underwritten by P. W. 1968 rants*; attached). Connecticut and Co., Inc. 6%- sinking fund 1, Oct. due A sinking fund debentures due Oct. 1, 1973. Purpose, for purchase of debentures of, and make advances to subsidiary. Price, 100.70% and accrued interest. Offered by Halsey, Stuart & Co. Inc.; AllisonWilliams Co.; American Securities Corp.; Aspden, Robin¬ son & Co.; Auchincloss, Parker & Redpath; Bear, Stearns & Co.; A. O. Becker & Co. Inc.; J. C. Bradford & Co.; Branch, Cabell & Co.; Burnham and Co.; Butcher & Sherrerd; C. F. Cassel & Co., Inc.; Clayton Securities Corp.; S. K. Cunningham & Co. Inc.; Davenport &■ Co.; Shelby Cullom Davis & Co.; R. L. Day & Co.; Dick & Merle-Smith; Dreyfus & Co.; Francis I. duPont & Co.; Emanuel, Deetjen & Co.; Este & Co.; Fauset, Steele & Co.; Field, Richards & Co.; First of Iowa Corp.;*Foster & Marshall; Freeman & Company; Leonard A. Frisbie Co.; Green, Ellis & Anderson; Gregory & Son, Inc.; Hallgarten & Co.; Heller, Bruce & Co.; H. Hentz <fc Co.; Hirsch & Co.; The Illinois Co.; Investment Corp. of Norfolk; John B. Joyce & Company; Kaiser & Co.; Kean, Taylor & Co.; D. A. Lomasney & Co.; Merrill Lynch, Pierce, Fenner & Beane; The Milwaukee Co.; Mullaney, Wells & Co.; Newburger. Loeb & Co.; E. M. Newton & Co.; •$2,675,000 Atlanta construction. Co. Insurance Co. Pipe York. New Co. 3.70% Electric Homer *2,250,000 General Placed 400,000 Petrolane Gas United Gas Corp. 33A% $5,850,000 PUBLIC Price,' Brocks Insurance 1957 due Sept. 1, 1973. 100% of principal bonds, bonds, due notes, Line Co. 5% first mortgage Purpose, for new construction. amount and accrued interest. privately with The Mutual Life Insurance Co. of Gas Natural Nevada 1, promissory expansion and working with Prudential Insurance Co. privately Placed for Of¬ and America, of "1 150 000 and accrued interest. Mutual Life Securities Capital Flotations New Details of capital.' sub¬ Purpose, jor inclusive. 1970 to 4%% Co. '2,000,000 Neiman-Marcus first mortgage bonds due Oct. 1, 1983. Purpose, to repay bank loans and for new con¬ struction. Placed privately with institutional investors through Goldman, Sachs <fc Co. and Stone & Webster Government Life Insurance Fund, Fund, Federal Deposit Insurance System, Services Finance Corp. 5!/2% convertible debentures, due Sept. 1, 1963. Purpose, capital. Price, 100% and accrued interest. fered by Mackall & Coe; Johnston, Lemon & Co.; Goodwyn & Olds. Gas Co. 4% first mortgage bonds, series C and series D, due 1978. Purpose, to repay bank loans and for new construction. Placed privately with Massa¬ chusetts par ordinated Atlantic Alaskd Railroad Retirement Fund, Postal Canal Zone Retirement Fund, 5!/2% first mortgage serial sinking 1, 1954-1963. Purpose, for working and accrued interest. Offered Al) sold. Oct. at working subscribed. Fully '740,000 South 'Comprises sales of special series certificates and notes; certificates sold to Adjusted Service Certificates Fund and Unemployed Trust Fund and notes to Federal Old Age and Survivors Insurance Trust Account, Civil Service Retirement Fund, Foreign Service Retirement Fund, due 300,000 Federal ar.d Yarnall & Co. Power Co. 33%% first mortgage 1983. Purpose, to repay bank & Oct. due due Co. Transfer bonds, Price, by Quail & Co. loans. Offered by Equitable Securities Corp.; William Blair & Co.; Laurence M. Marks & Co.; Reynolds & Co.; Francis I. du Pont & Co.; Hirsch & Co.; Cooley & Co.; Laird, Rissell & Meeds; Emanuel, Deetjen & Co.; Mullaney, Wells &c Co., and Rand & Co. 170.678,000 months. 30,077,783.000 28,339,777,500 October _____ for Light E, Price, 102.738%' notes, capital. Kirkpatrick- Kidder, Peabody & Co.; Struthers & Co., Wood, series for capital. 300,000 Dohrn Higginson Lee Co.; 28,000,000 Rockland October— Total ordinated fund ' f Co. 3%% 13-year unsecured sub¬ Nov. 1, 1966. Purpose, for working Placed privately with an insurance company. Credit '20,000.000 Commercial Kalman. & Co., Inc.; Co.; The Illinois Co.; Kidder & Co.; 129,263,000 Total i Dillon & Co. through Eastman, privately insurance com¬ 11 Corp.; Laurence M. Marks & Co.;Mason-Hagan, Inc.; McDonald & Co.; Merrill, Turben & Co.; The Ohio Co.; Reynolds & Co.; Scott & Stringfellow; Chas. W. Scranton & Co.; Smith, Barney & Co.; Stone & Webster Securities Corp.; Van Alstyne, Noel & 177,627,000 190,215,000 September '$5,250,000 Beneficial Loan Corp. 4%% promissory notes, due Sept. 15, 1968 (Canadian). Purpose, for working capital. Placed Co, Gas & A. M. 48,364.000 132,715,000 160.952.000 for with Corp. Boston Service Electric Pettis 55,088,000 Total loans. W„ E. September-rNotes bank 3Va% first and refund¬ ing mortgage bonds due Oct. 1, 1983. Purpose, to repay bank loans and for new construction. Price, 101.34% and accrued interest. Offered by Morgan Stanley & Co.; Drexel & Co.; Robert W. Baird <fe Co., Inc.; Baker, Weeks & Co.; Blunt Ellis & Simmons; Bosworth, Sullivan & Co., Inc.; Alex. Brown & Sons; Central National Corp.; Clark, Dodge & Co.; Julien Collins & Co.; Dominick & Dominick; Francis I, du Pont & Co.; Elworthy & Co.; Estabrook & Co.; First of Michigan Corp.; Folger, Nolan-W B. Hibbs & Co., Inc.; Glore, Forgan & Co.; Hayden, Miller & Co.; Public 393,264,000 Certificates First MISCELLANEOUS first mortgage and for new con¬ Placed privately Purpose, 1983. due retire 4% Co, Power & bonds to pension trusts. panies and 230,000,000 155,353.000 48,099,000 Notes The $ July- and through Issued Certificates trust struction competitively, special offering. Volume 179 Number 5299 . . The Commercial and Financial Chronicle . (715) Goldman, Fachs Hemphill, Noyes & Co.; Harriman Ripley & Co., Inc.; Mason, Inc.; Chas. W. Scranton & Co.; Shields & Co.; Shuman, Agnew & Co.; Singer, Deane & Scribner; Smith', Barney & Co.; William R. Staats & Co.; Stetson Securities Corp.; Stone & Webster Securities Corp.; Stroud & Co., & Co.; Kidder, Peabody & Co.; Merrill Penner & Beane; Stone & Webster Securi¬ ties Corp.; Union Securities Corp.; White, Weld & Co.; A. C. Allyn and Co., Inc.; W. E. Hutton & Co.; Carl Lynch, M. Pierce, Loeb, P. S. Rhoades Moseley & & Co.; Laurence Marks M. & 1 565,040 Long Island Lighting Co. 35,315 shares of (par $10>. Purpose, to reduce bank loans. share. Subscribed for by employees of stock common Price, $16 Dean / and i/ 10,324,239 New York State stock common Price, (9,361) by Electric (no $20.62 Vz scription loans. Price, at to Offered underwritten by The & Wertheim Co., of shares bank repay 1,000,000 convertible to & stock Gas Electric & $25). (par Co. Purpose, construction. Price, 1,946,829 to shares retire $33.50 bank loans share. per Blyth & Co., Allyn & Co., Inc.; American Securities Corp.; Bache Co.; Bacon, Whipple & Co.; Baikie & Alcantara; Bailey & & Davidson; & Robert Baird W. & Co., Baker, Inc.; A. Becker G. & Co. Inc.; 10,000,000 <te Burr, J. Cohu Co.; & Julien Collins & Co.; William Co.; Cooley & Company; Courts & Co.; CrowCo.;- Curtiss, House & Co.; J. M. Dain & Co.; Davies & Co.; Davis, Skaggs & Co.; R. L. Day & Co.; DeHaven & Townsend, Crouter & Bodine; Dempsey-Tegeler & Co.; Denault & Co.; Dewar & Co.; Dick & Merle-Smith; ell, R. Weedon S. Co.: Field, California Richards Co.; The Boston Sons; Forgan & Smith Hallowell, Barbour, Wesley Hall & Co.; Hallearten & Co.; Sulzberger & Co.; Hannaford & Talbot; Harbison Wm. Co., Co.; P. Inc.; Hayden. Herrman Harper & & & Stone Co.; Weeks; & Co.; & Inc.; T. H. & Co. Co.; & Laurence Co.; Hemphill, & Fay; Hayden, Noyes Hutton & Co.; Lane, June S. Jones & Hope W. & Co.; M. Co.; Merrill ben & Co.; W. Co.; & Co.; & Kaiser Co.; Lynch, Pierce, Revel Miller Co.; J. c. Newsome Co.; Inc.; Johnston, Jones, Kreeger & Co.; Kalman & Co., & Mason Fenner & Brothers; MasonEarle May & Co.; Co.; McDonald & J. & & Beane: Co.; The Merrill & Paine-Rice Co.; The Ohio Co.; & Pierce & Co.; Co, Riter Pacific Statts & Co.; Starkweather & Boyce; Stephenson, Leydecker- & Co.; Stern, Frank, Meyer & Fox; York; Stix & Stein Co.; Co.; & i/ Securities Walker Weeden & Co. Johnson Co., & & Co.; and Union mon to Inc.; & Wertheim Co.; J. Hiagins: R. & Co.; Williston, Dean & C. fr. Co.; & stock (no by Forgan & Bacon, Co.; Co.; Wulff Uranium (par & & W. & 800.000 $25.75 shares Dixon & R. Co.; construction. 15 Co.] Co.; Co.; Drexel and Co.; Co., & Inc.; W. Eaird Corp.; Co.; Bache & & Dodge Burr, Inc.; De du Haven at of W. Co.; C. & for 214,290 & & & Inc.; Co.; Ferris Reid & Co.; Inc. shares of Mines, Inc. 1,999,000 Purpose, shares of for exploration AND 278,422 for expansion Boston Fenner Equitable Robert The & Co.; Harriman & of Ripley Noyes & Co.; W. E. & Co.; Co., Inc.; Hayden, Hornblower & Hutton & Co.; Miller Weeks; The Illinois E. 300,000 Rhoades & Co.; Laurence M. Marks & Co.; McDonald & & Securities Co.; & & Langley Witter & Schoellkcpf, Gardner; Hutton & Reynolds Pomeroy, & Co.; Inc.; Riter Scott, & & Co.; of shares Co.; S. K. & Co.; & Co.; Co.; Hornblower Hallowed, Hayden, Hentz & II. & Co.; Miller Sulz¬ & Co.; Hill Richards & Hulme, Weeks; Apple- W. E. .Hutton Turben & Co.; The Milwaukee Co.; Lynch; F. S. Moseley & Co.; Co.; Paine, Moore, Newhard," Ccrok 8s Jackson Webber, & Curtis; Prescott, Shepard & Co., Inc.; & Co., Inc.; Quail & Co.; Rambo, Close 8s Rejinholdt & Gardner; Reynolds & Co.; Riter Scranton & & Leach; Frank, Stern, Inc.; Stix & & Inc.; Hammili &; Co.; Sills, Webster & Cartwright Sweney, Townsend, Co.; White, Suifel, Nicolaus 8e Securities Corp.; & Co.; Thayer, Tyson; Wertheim Meyer & Fox; Stone Co.; Inc.; Co., & Scott, Horner & Mason, Co.; Shearson, Harris, Inc.; Starkweather & Co.; Sterne, Agee Dataney & and Arthur L. Wright & Co. Inc. Weld & Co., Oversubscribed. 2,751,320 New England Gas & Electric Association 200,096 shares of common stock (par $8). Purpose, to repay bank loans and to increase investment in subsidiary. Price, $13.75' share. Offered by company for subscription by stock¬ without underwriting. Oversubscribed. T'he First Paine, (no Purpose, par). by employees. First body loan to com¬ subsidiary. for subscription by stockholders and Unsubscribed shares (7,969) underwritten by Corp.; White, Weld & Co.; Kidder, Pea¬ Co.; F. S. Moseley & Co.; Coffin & Burr, Inc.; Offered The for to stockholders and $32 to public. Price, $29.60 per share & company Boston Tucker, Anthony <& Co.; Tifft Brothers; Arthur W. Wood Co.; Chace, Whiteside, West & Winslow; Kinsley & Adams; Putnam Webber, Collins Julien Dealer-Manager. as Massachusetts Companies 122,316 shares of stock mon acted Corp. Western 3,639,680 $10). (par Co., and Townsend, Dabney & Tyson. & shares of common for .loan to subsidiary. Price, Offered by company for subscription by Western Massachusetts Companies 6,000 177 600 & stock and William stock common E. (no Purpose, par). $29.60 per share. (par & Price, Co. shares of 42,858 working common by 75,000 common Woodard-Elwoo'd by stockholders, Price, capital. subscription for Co. tive and of class A com¬ machinery and equip¬ for Offered par. (par by J. Marto P. & stock. of Purpose, Price, purposes. Picture stock in a cumulative pre¬ $1.10 unit. per Offered shares stock common Purpose, for new equipment and other corporate purposes. Price, $15 per share to stockholders and $16.50 per share to public. Offered by holders. Offered "on shares best-efforts" a (10,990 basis shares), Estabrook by *af Illinois, & Co. five (par stock. I ORRadio Industries, cents). (par 25 sion. 200,000 Purpose, Price, $2 Thermactor with of loans, $100 for purchase share and acquisition, S. by and by stock (par 2,000 shares Purpose, to development work, etc. for by United States ital. Air stock common Price, & includes Conditioning cents). Purpose, share. Offered Co., Inc. 33,200 Corp. 10 per (par $2.25 and George F. shares purchased by Price, at Inc. & Co., Purpose, Offered-publicly par. Inc. of cumulative for working capital, shares 56,000 $1). (par without by company, underwriting. $1) 14.000 shares of common stock (par $1). working capital. Price, at par. Offered by company to public, without underwriting, in connection with offering ,of 56,000 shares of preferred stock 14,000 McKenzie-Thomas, Inc. Purpose, for in repay Price, underwriting. 225,000 etc. (which without public, to company John R. Boland stock of participating pref¬ and 150,000 shares of common stock units of one share of each class of Price, $5 per unit. working capital. Co. capital of option. in for Mckenzie—Thomas, 56,000 expan¬ Fuller & D. (par $1) cents) Purpose, Offered stock common additional an one Offered unit. per Offered shares 2,000 to one shares of working capital for share. per Co. options units 149,500 Inc. 150,000 shares Credit, Inc. stock erence preferred 299,000 14,000 shares of com¬ working capital. Price, & Co: to Offered by Carl McGlone Minnesota and Ohio. share. Fidelity Finance Corp. 35,000 shares of class A participat¬ ing stock (par $5). Purpose, for working capital. Price, at par and accrued interest, Underwritten by Hannaford & Talbot to residents of California only. 750,000 General by stock¬ publicly for subscription company Unsubscribed Corp. Purpose, for Acceptance (par $10). per residents $1). (par Equipment by 5,000 shares of common Of of New York 30,000 shares of Purpose, for working capital. Offered by company for subscription without underwriting. Co. $6). (par $12.62V2 175,000 13,500 Offered Insurance stock mon inventory1 and general for Laboratories, Inc. Corp. 7,500 shares of 4% noncumulaPurpose, for working capi¬ by company locally, without $10). (par par. stockholders, 176,750 Farm (par $1), See under "Long-Term Bonds and Notes" preceding column of this article. Ohrmart $24 per common Price, $10 pel* share. Aronheim. Motion stock at stock capital Co. by cent) one class Price, 300,000 Excelsior and 200,000 shares of common offered in units of one share of $1) (par common tal. shares 300,000 Purpoe, Hinge, Inc. 200,000 shares of 7% stock Trading, Inc. Cooperative stock common Price, by by'company for subscription without underwriting. Offered share, speculation." a Miracle corporate 218,985 MISCELLANEOUS $8,418,576 Beneficial Loan Corp. 350.774 shares of (par $10). Purpose, for working capital. underwriting. Inc. $1). at $12,193,600 Co. Industries, (par per a , for company underwritten Wood Walter 5,000 Iron Purpose, by $4.87V2 Price, i $5). stock stock 100,000 shares of for working cap¬ by Mortimer B. see). 700,000 Nevada Natural Gas Pipe Line Co. 25,000 shares of $1.59 cumulative preferred stock (par $21) and 25,000 ishares of common stock (par $1) in units of one share of each class stock.' of working Breen. All sold. This employees and dis¬ • The Purpose, Price. capital. California First for $28 construction and for share. Underwritten by new per Co. tributors. 175,000 35,250 Zirconium (no & Corp. America of Purpose, par). capital. *59,250 Price, $750 for of stock common construction Nevada Natural stock mon working and working Offered by Gordon Meeks share. per shares 47 new The First Zirconium (no Corp. of America shares 79 Purpose, for capital capital. Price, $750 per company to three individuals. par). 61 stock common 156,250 Nevada preferred $300,000 Appell (par Oil & Gas 10 cents). share. Offered 300,000 .Deep (par Corp. shares 300,000 for drilling Purpose, by R. V. Klein Co. Lake Gas 25 Oil Co. & cents). of stock common Price, $1 costs. per "as a speculation." Purpose, 300.000 shares of drilling for common I per share. Underwritten by stock company to 299,500 shares of common stock Corp. Purpose, Offered & by for drilling Petroleum costs. Finance Corp. Price, "as a (par Oil 10 & Gas cents). capital. Smithken Co. Corp. Purpose, Price, "as 40 a Illinois stock 12,500 shares of $1.50 cumulative Purpose, for working capital. Offered by company for subscription Corp. (no par). 750,000 for cents shares drilling per of Co., Inc. 75,000 shares of common Price, Inc. $2 stock per per without underwriting. 300,000 State Fire mon stock and work¬ stock share. Casualty Co. 80,000 shares of class B com¬ $1). 'Purpose, for expansion. Price, $3.75 Underwritten fay Floyd D. Cerf Co. & (par common expenses share. Gas 297,500 Selected Risks Indemnity Co. 8,500 shares of capital stock (par $10). Purpose, for working capital. Price, $35 per share. Offered by company for subscription by stock¬ per Wing 25,000 shares of com¬ new construction and (par one share. speculation." $1 for $1). Purpose, for working capital. Underwritten by P. W. Brooks & Co. holders, K-O-T Oil Line Co. Purpose, by certain stockholders, without underwriting. 150,000 Petrolanc (par working and costs capital. Price, $1 per share. Offered by public, without underwriting. Oversubscribed. centu Pipe $1). (par Price, $24 per share. share. (Continued on page 8) Offered by Lewis ♦Represents Issues placed privately, tlndicates issues sold competitively. speculation." ( *tIndicates speciali offering. $1,199,500 : $7 Co. Gas Natural 300,000 Northern ing Line Co. 25,000 shares of com¬ for new construction and Purpose, Price, working capital. Price, $6.25 per share. Offered by com¬ pany for subscription by stockholders without underwriting. OIL 300,000 $1). California stock mon additions, etc. and work¬ share. Sold directly by $10,675,272 299,500 Pipe Gas (par capital. Co. ing & & Hallgarten Co.; Robinson & Lukens; Co.; Dodge & Co.; & Weeks; W. E. Co.; & expansion. Inc. Offered Johnson each Co.; Horner Investment * 12,020 Co. Ornamental (par , par. ferred Beane; Reinholdt Co.; Ohio Putnam Eaker common Clark, Hornblower C. Dean for Co., Flour City "as 220,000 Ohio Co.; , L. & Co. Chemical Purpose, ment. F. McDonald-Moore & Co.; Merrill Lynch, Pierce, Fenner Merrill, Turben &, Co.; Newburger & Co.; The Paine, Webber, Jackson & Curtis; Piper, Jaffray Hopwood; R. W. Pressprich & Co.; Putnam & Co.; & Tha Co., Merrill Lynch, Corp.; White, Brothers; Union Corp.; W, Co.; Staats mon Co.; & Co.; Jones, Kreeger & Hewitt; Kean, Taylor Kidder, Peabody & Co.; Richard E. Kohn & Co.; Langley & Co.; Lee Higginson Corp.; Carl M. Loeb, Co., & McCourtney-Breckenridge & Co.; McJunkin, Patton Stroud and devel¬ stock common Lehman Beane; Curtis; stockholders & Co.; Goodbidy & Co.; Granbery, Hallgarten & Co.; Hallowed, Sulzberger Columbia Hawkins & Co.; & program. McCormick Securities & Harold First Garrett & Co.; Co.; Merrill, Fairman capital & Securities Company; Co.; Langley & Co.; Inc.; Arthurs, C. & Parker Piper, Jaffray & Hopwood; MANUFACTURING shares Corp.; & Co.; & Colton at Co. Dominick Allyn Corp.; Blair F. Claybaugh & Co.; C. C. Inc.; Noyes & Co.; Chas. W. 9,750 C. Corp.; Friedman, Brokaw & Co.; Fulton, Charles H. Gilinan & Co.; Glore, Forgan & Hirsch Co.; Oversubscribed. Richard C. Co., & COPPER, ETC. Milling, Corp. & stock Inc. ; Republic & C. & Leonard $18 subscription by com¬ underwriting. A. gate & Humphrey, Inc.; E. F. Hutton & Co.; stock Price, ETC. & Co.; Indianapolis Bond & Share Corp.; Johnson, Lane Space & Co., Inc.; A. M. Kidder & Co.; Laurence M. Marks working capital and for other corporate purposes. cents per share. Oflered by Tellier & Co. "as First liams Co.; Co., Co.; & Co.; Of¬ Janney & berger Hemphill, with- common program. Underwritten by W. Clarke & & Co.; Grimm Co.; of par. HOLDING, Cleveland Reid share, Offered by company for subscription by common stock¬ holders. Underwritten by H. L. Emerson & Co., Inc.; Cunningham, Gunn & Carey, Inc.; and Livingston, Wil¬ Glore, Codings Sc Townsend, Crouter Noonan Pont Co.; Central Clark, & Eretscher Fulton, Hemphill, Hutton First advances from Price, shares company without INDUSTRIAL $1). com¬ Under¬ by specu¬ employees, 58,598 Purpose, new & Robert Co.; Francis I. Corp.; Maraehe 105,778 construction by cent). one Sons; Goldman, Sachs & per shares stockholders, by Co.; Cruttenden & Co.; Pacific Northwest Co. Wood, of share. per for National & Fstabrook Boston Co. Price, and Coffin Davies Dominick; Gas Co.; Clark Corp.; Bodine; Corp.; $12 & Central E. Clarke Inc.; Price, speculation." Hutton Hansen Co.; J. Barth & Co.; Biddle, Whelen & Ellis & Simmons; Blyth & Co., Inc;J Bosworth, Co., Inc.; Branch. Cabell & Co.; Alex. Brown Blunt Sons; Co., par). loans Whipple (Inc.); W. & Morgan Stanley Co.; A. C. Allyn Weeks Sullivan & Electric bank written Baker, Co. for COAL, Jackson Co. & a Cunningham & Co., Inc.; R. S. Dickson & Co.. Inc.; Clement A. Evaiis & Co., Inc.; Fauset, Steele & Co.; The & Gas & Equitable White N Bruce Witter Woodard-Elwood Yarnall Service repay Richard W. stock common 400,000 Telegraph Co. Mining Burnside 20,600,000 Public Co. subscription STEEL, Weld Corp.; Wagenseller & Durst Inc.; Walston & Co.; Watling, Lerchen & Co.; & White, Weld Struthers & of to repay Purpose, & for Garita Pierce, Stewart, Eubanks, MeyerStone & Webster Securities Co.; & Youngsberg; Stroud & Company, Inc.; Co.; Henry F, Swift & Co.; Swiss American Corp.; & Co.; Tucker,& Co.; Tucker, Anthony & Wilson. shares construction. Telephone $25). (par stockholders, The Trask Union H. by Co.; Over- Co. & Brothers Stern Bros. o.rp':. S~one Co.; 25,000 new England Offered Carrier / North¬ L. F. Rothschild & Co.; Salomon Bros. & Hutzler; Schwabacher & Co.; Scott & Stringfellow; Chas. W. Scran¬ ton & Co.; Frank C. Shauphnessy & Co.; Shearson, Hamnull & Co.; Shields & Company; Shuman, Agnew & Co.; Singer, Deane & Scribner; Smith, Barney & Co.; Smith, Moore & Co.; F. S. Smithers & Co.; William G. & Price, $31.75 per share. Offered by cbmpany for subscription by common stock¬ holders. Unsubscribed shares (5,318) underwritten by Harriman Ripley & Co., Inc.; Hemphill, Noyes & Co.; Inc.; Reinholdt & Gardner; Rey¬ Co.; The Robinson-Humphrey Co.,. & Inc.; Co.; Staats & and Wyatt, Neal & Waggoner. All sold. Telephone Purpose, Co,; Co.; Rauscher, & R. Price, Elworthy Lane, Space & Co., Inc.: Grimm & Co.; The RobinsonHilsman & Co., Inc.; Courts & Co.; H. share. OTHER 18,839,899 Co.; Paine, Webber, Jackson & Peters, Writer & Christensen, Inc.; Pflueger & Baerwald; Piper, Jaffray & Hopwood; Prescott, Shepard & Co., Inc.; R. W. Pressprich & Co.; Putnam & Co.; Inc.; per Tur¬ Milwaukee "as Redpath; Robert W. Baird• & Co., Inc.; Baker, Watts & Co.; Baker, Weeks & Co.; Blair, Rollins & Co., Inc.; Boenning & Co.; Bos¬ worth, Sullivan & Co., Inm; Brown, Lisle & Marshall; H. M. Byllesby & Co. (Inc.); Central Republic Co. (Inc.); Purpose, Underwritten dividends. First Boston Corp.; Boston Curtis; & Co., The The Co., Offered par. holders, Hornblower Mitchum, Tully & Co.; Moore, Leonard & Lynch; Morgan Co.; Morgan Stanley & Co.; F. S. Moseley & Co.; Mullaney, Wells & Co.; Murphey Favre, Inc.; Newhard. Cook Sutro & $25). (par construction. new dividends. TRUSTS, TRADING, Lestrange & Co.; Auchincloss, $348,600 Henry & Spencer accrued & cumulative Inc.; Purpose, Price, & C. Marks Co.; & J. company opment, Co.: Inc.; A, E. Masten & Co.; McAndrew & Co. Inc.; McCormick son D 4.7r/o . Ripley Miller Co.; Hutton & & & E. Space Jones Hagan, R. of Johnson, by ■ $1). stock Hen¬ & Harriman (Inc.); Langley & Co.; Lawson, Levy & Williams; Lazard Freres & Co.; Lee Higginson Corp.; John C. Legg & Co.; Lehman Brothers; Lester, Ryons & Co.; Carl M. Loeb, Rhoades & Co.; Irving Lundborg & Co.; & Co. for Crawford, New by 299,850 Yates & Sherwood nolds Loeb, stock (no par). Purpose, for payment of debt, to buy equipment and for exploratory and development expenses. Price, $5 per share. Offered by company for subscription by public, without underwriting. Bell; A. M. Kidder & Co,; Kidder, Peabody Co.; Kirkpatrick-Pettis Co.; Frank Knowlton & Co.; Kuhn, Loeb & Co.; Laird, Bissell & Meeds; La Montagne- west M. * & & for William IRON, a at Works Co., Inc. 225,000 shares of 6% preferred stock (par $25). Purpose, for addi¬ tional investments in stocks of subsidiaries. Price, par and F. Richards & Co.; J. J. B. Hilliard & J. A. Hog'e & Co.; Holmes & Sandman; Johnson, Co.; Kerr Son & Hooker F. E. Illinois Hewitt; Gas Purpose, Offered La Price, underwriting Water Kerner, Inc.; Hill Collins; Lemon & Harris/Hall Son; Hirsch & Co.; Holt Atlantic & mon $48,750 capital. without cumulative $141,767,675 & Co.; Robert Garrett Goldman, Sachs & Co.; Co.; Gross, Rogers, Co.; & Carl INVESTMENT $5,625,000 American Collings $5). Southern Friedman; Fulton, Reid Glore, Granbery, Maraehe & Co.; derson; South (par First Corp.; Inc.; The First Cleveland Corp.; First of Corp.; First Southwest Co.; Foster & Marshall; Maxfield H. & First and per working public, $317,150 out underwriting. ^ 1,904,004 to common Co. Michigan & & Co., fered Co., Inc.; Dillon, Read & Co. Inc.; Dominick & Dominick; Douglass & Co.; Drexel & Co.; Calvin E. Duncan & Co.;* Frahcis I. duPont & Co.; Eastland, Douglass & Co., Inc.; Eastman, Dillon & Co.; Elworthy & Co.; Equitable Securities Corp.; Estabrook & Co.; Clement A. EVans & Co., Inc.; Fahey, Clark & Co.; Fairman & Co.; Farwell, Chapman & Co.; Ferris & Company; Fewel & & American & Dickson & of Corp.; White, Weld M.1 Marks & Co. series and Blyth capital stock Collins & Inc.; Brothers; shares accrued Co.; Southern ship, Bradford & Co.; Alex. Brown & Sons; Brush, Slocumb & Co. Inc.; H. M. Byllesby <fc Co. (Inc.); Campbell & Robbins Inc.; Quincy Cass Associates; Central Republic Co. (Inc.); Chace, Whiteside, West & Winslow, Inc.; Clark, Dodge & Co.; E. W. Clark & Co.; Richard W. Clarke Corp.; Coffin stock, and Woolfolk & Shober, Bingham, Walter & Hurry, Inc.; Rollins & Co., Inc.; William Blair & Co.; BlankenGould & Elakcly, Inc.; Blunt Ellis & Simmons; Boettcher and Co.; Bosworth. Sullivan & Co., Inc.; J. C. 40,000 loans Humphrey Co.; Watts Blair, shares for company lation." Wood, Laurence & share. Co.; Baker, Weeks & Co.; Ball, Eurge & Kraus; J. Barth Co.; Bateman, Eichler & Co.; Eear, Stearns & Co.; & Works preferred French by Un¬ C. A. Co.; & Oversubscribed. 210,721 Securities and Witter (par for and Offered Wood Co. Subscribed. common company for subscription by common stockholders. subscribed shares (36,369) underwritten by Co. Schwabacher Pierce, of Co., share per Dean 300,000 Pacific E. Lehman Union & bank repay Co.; & Co.; Water Jose $26.50 Beane. new - San loans. Lynch, & Co.; Estabrook Lehman Corp.; Merrill and Power & Peabody Rhoades company for sub¬ Unsubscribed shares First Boston Harold Yarnall & of Kidder, and par by stockholders. common 337,118 Corp. Purpose, share. Fenner Gas & par). per Brothers; / 65,218,772 bank repay and Purpose, to repay bank loans, to acquire subsidiary, and for new construction. Price, $10.20 per share. Offered by company for subscription by stockholders. Oversubscribed.* Underwritten by Merrill Lynch, Pierce, Fenner & Beane; Eastman, Dillon & Co.; Offered by Harris, Hall & Co. (Inc.) Republic Co. to residents of Illinois only. to Co., Purpose, (par $10). stock dividends. Central Co.; Light stock 400,000 Middle States Telephone Co. of Illinois 20.000 shares of 6% cumulative preferred stock (par $20).. Purpose, for new and & & Rockland 2,149,354 company. accrued Witter Struthers Offered par. by company to public, without underwriting. 18,150 Segoyawatha, Inc. 3,630 shares of common stock (par $5). Securities per construction LAND, BUILDINGS, ETC. $299,000 Pacific Hotels, Inc. 59,800 shares of common stock (par $5). Purpose, for acquisition of properties, etc. Price, at Inc.; Spencer Trask & Co.; Tucker, Anthony & Co.; Union Corp.; Van Alstyne, Noel &. Co.; G. H. Walker & Co.; White, Weld & Co.; Winslow, Douglas & McEvoy; Co.; Co.; Paine, Webber, Jackson & Curtis; R. W. Pressprich & Co.; Salomon Bros. & Hutzler; Shields & Company; Tucker, Anthony & Co.; G. H. Walker & Co.; H. Hentz & Co., and Rand & Co. 7 i { i ! 8 The Commercial and Financial Chronicle (716) in (Continued from page 7) 228,743 Welex Jet Inc. shares of It 13,071 would-be sold common and accrued the At all that be redeemed at an it dividends. time exchange is made, of share of convertible preferred and will have the right of holders stock one lined the subscribe to to participating uled one V. Feb. announced was pre¬ consisting class A common share at construction of Large Order— dome 22 for date the 179, for this for cars 10. the of Philadeipnia* the Budd Co. Empire Builder has been awarded Delivery unit, one for 15, 19541 Monday, February . Great Northern Ry.—Places Order shares of participating early date at $21 per share unexchanged ferred •#12,272,819 public offering at* underwriters for to the share. per is contemplated preferred stock would stock (no par). Purpose, to purchase new equipment. Price, $17.50 per share. Offered by company for subscription by stockholders, without underwriting. Oversubscribed. Services, exchange $11.50 . . . „ beginning of $0,500.000, Is scneovacation travel season in June, 1930. the cost about to cars, new 612. p. $15 per unit for each participating preferred share held, with an oversubscription privilege* The unsubscribed portion of the 29,458 shares of new preferred stock and 29,458 shares of class A common Issues Not Representing New Financing $25,200 Alabama-Tennessee Natural Gas Co. stock mon Scott, 326,651 Horner Brown A Price, Mason, & Sharpe Mfg. $10). ipar $1). (par Price, Higginson Co. & Telephone Illinois stock cumulative accrued Paine, Gas N. stock (par Offered by Fuel & of share. per J. (par Blyth <fc 240 panies' com¬ of Insurance Price, Inc. Oil Witter & Co. 5% $62.75 of The of share. per (no & It (about 33Vb D. $47 stock common share). per (no Offered ci. 3,000 shares Electric & Price, Inc. by cents). $30.50 135,125 Macmillan 50 (par Lester, per and Petroleum of common Corp. $41.50 and common Offered & 11,500 $11.75 stock by Offered Co. by L. Completed. shares of ; capital stock share. per (par Offered shares share. Doolittle Aircraft $1). & Price, Co. 931,250 St. Co. <fe $51. Corp. $13.50 Paper stock common by $1). (par Goldman, Sachs & Oversubscribed. share. per Co. Diego stock & Gas Inc. 1,020,000 Singer Noyes & 467,493 Spalding stock stock by Lester, Ryons Price, G.) Weld by & stock 1953, funds addition, Merrill by 1954.-—V. $15 shares 4,000 share. per of Offered by of one the shares share. of Offered stock Hemphill, by (par The SEC corporation covering four sulphur new 1952. the is other The the projects par). Baird net proceeds projects cents). letter a shares Offered Corp. of common (par 10 special with the Chase June 1, National The proceeds 179, under Bank Kansas of Co. 1956. costs.—V. $1,000,000 down Trust Commerce cash shares Northern Price, $22.62% Corp. —V. 14,508 $14.50 Books shares of share. per Offered 178, See of the City, to are City Mo., covered used be New of by to closed. The by for A. Schulte, the amount of in Power Inc. have directors 22, in for con¬ pay serve as by from Co.; $350,000 the and to then amendment. dealer and v; sale will be of ! 5..000 principal declared used (evidencing to Its pay borrowings reimburse the with shares of of has Feb. a to dividend Stock Dividend, Etc.— stock May dividend 1954, la, announcement the on lor companv The & series series 4, subscription Webster of Securities preferred first of outstanding for with invested the on cash is subject Donald by approval to 10,000,000 shares, to stock common Essex has competitive bidding 1984. received proceeds The SEC $5,000,000 will be of authorization first applied promissory notes payable System (Parent), which now balance, If any, will be used Esso for to mortgage the to short-term C. amount capital bonds, and to pnd to Oil within Feb. $4,750,000; expenditures.—V. due A the and 179, a a voting trust registration statement covering voting company common 1953 60 trust certificates stock.*—1V. 144, for p. for with the 3,000 stock common SEC shares Feb. on of the is iigures payable of of increase an which will be 60c share a in The stockholders 650,400 •took Loan on of $4.53; is lor for and Feb. 100,000 Jke;v the will 23 shares als°vot? to vote is approving 250,000 cumulative 1954 Corp. be for 1953, earnings 1952, they 516. p. this of 4, 1954 Insurance proposal a N. to 250,400 shares to convertible alter holders to and If in on changing the of name the corporation call for J. unit Strauss & stock of increase is 77-cent cumulative snare. kfeaie.s This of new would approved, present require convertible the management intends convertible $1.20 the issuance prelerred stock. preferred cumulative of to stock to & Winslow offer (par maximum of to that plant of 58 916 Any such shares not taken volume sales gain a of share, per the on 179, Sales the for ended year about $85,000,000 of than more the of 8% This would 1953. in 178, of ,• , the of begin announced before on end 25, are will people produce the of and Westclox Mos.—1953 personnel clocks, Division until the SEC for to to notes bunks Commission the has to and program ments.—V. in authorization to not amount an given interested restore working Interstate Telegraph Co. now California See corporation's plants, seven located Illinois, in Indiana, Connec¬ funds normal to Interstate require¬ (Nev.)—Control to Change— Telephone Co. above.—V. 139, Iron Fireman Manufacturing Co.—New Heat'g The Canada, Scotland and Brazil, together produce 50,000 clocks, and timing devices every day. The company is well on its towards its 300 millionth clock since it began production in 1887. —V. 178; p. 2092. This Tire nation's largest William Rubber & 011 Feb. O. company and Corp. of Toledo, This plastic it plans said 5 Bolta the film and Co. take over to of Lawrence, the Textileather Mass., two of the sheeting manufacturers. O'Neil, General's President, said he is negotiating separately the two concerns for mergers. Under the proposed merger agree¬ ments, stock of Textileather and Bolta would be exchanged for General preferred stock. General would operate the two companies as divisions The of its plastics 119. p. plans and final Textileather, transactions financial submitted are to them, details Mr. subject are will not O'Neil be approval to made public by until recognized are and 1953 whose for sheeting. was more their printing, embossing combined The than which driven Golden The this annual $50,000,000.—V. and sales 178, p. of of styling the two individual The thermostat degrees.—V. company 179, on ihto p. Sales plastic p. (W. T.) Feb. 25 Foremost 399. will Dairies, on Inc. approving (see latter the in merger V. unit each power for by the SelecTemp may be heating units operate room set temperature any from Vegetable Parchment Co. small flexible steam-turbine 40 independently. degrees to 90 (& Assoc. Cos.) 1953 3 Months Ended Dec. 31— Net before income taxes U. S. and Canadian income taxes 1952 $11,999,324 $11,503,046 1,286,562 825,778 652,179 408,87$ sales Earnings (est.) $634,383 earnings from operations •Gain $416,901 7,450 18,280 $626,933 $398,621 adjustments exchange Net 1954—4 Wks.—1953 earnings After 1954—48 Wks.—1953 ' , 1954—12 Mos.—1953 I of Can. per $703,305 $398,621 $0.77 $0.51 $0.85 $®.48 $0.25 ^0.25 share: adjustments tDividends paid 76,372 prop. 11 . adjustments per and and extraordinary gainextraordinary gain— share : replaced by new facilities. tOn D^c. 18, 1953, a 10% stock distribution (one share for each ten sha'.es out¬ standing) was made to shareholders bf record Dec. 1, .1953. For comparative purposes, > net earnings per share for the 1952 period have been: restated- on. the basis of 822,117 shares outstanding sub¬ •Property 1954—Month—1953 disposition from earnings Before .$15,053,738 $15,258,016 $299,767,665 $283,240,067 204. arising 179, , Grant Co.—January Sales Off— Per. End. Jan. 31— p. to also and Balance vote 399. Sales 179, heat fan. 174, p. 1497. Kalamazoo Net $15,733,558 $14,124,423 $186,210,686 $169,628,893 179, supplied steam, provides concerns 1778. Grand Union Co.—Current Sales Up— —V. pressure circulating Each area. each room is heated with filtered warm air, recessed wall unit, requiring no floor space, finished to harmonize with any interior color State Co., Ltd.—To Vote on Merger— stockholders 612).—V. be can Low Selec compact a tubing, copper System its —Earnings Show Gain— said. products are widely used in the automotive industry, makes such items as plastic-coated-fabrics, upholstering, bookbinding, luggage, handbags and workers' clothing. Bolta's plants film and scheme. distribution national which provides for a thermostat in every room. of heating has already been in use for limited a system, by for method new in this released operation. multi-million-dollar stockholders years circulated plastic just heating system, advanced Under Co.—Proposed Acquisition— has company Temp with —V. until I watches of issue Its exceed to persons 178, p. 2093. is LaSalle- in and 1954, to request a hearing thereon. Proceeds of the borrow¬ to be applied toward the financing of the company's con¬ struction there when employed household electric company's be plant promissory $4,000,000; ings the has applied company unsecured Feb. 500 1954—12 $3,890,899 $63,863,108 $64,758,841 $3,470,848 204. p. Interstate Power Co.—To Issue Notes— This will Ga., of of factory 179, Stores, Inc.—Sales Declined— 1954—Month—1953 399. p. way p. of outstanding, stock common 1668. p. ticut, in sales Illinois. The the 31, Dec. previous year's the over shares 610,872 preferred.—V. : —V. coming off the assembly line by fall. about 110,000 square feet of floor space, about will plant in Athens, President, Hawthorne, underway. Expansion conditions warrant. the earnings Interstate Department two $11) participating preferred a Consequences, N. M.— or letter a and sales Period End. Jan. 31— clocks have will plant completion electric Period End. Jan. 30 securities, with Simon, Pope, Inc., and Chace, Whiteside, West exchange for each 00 sub¬ per preferred underwriting. snares (CST) making allowance for payment of approximately $350,000 in divi¬ dends tNet Pjanned to sell additional Himme, William Treasurer, Nafziger estimated net earnings of about $2,500,000 which would increase of more than 7% over 1952. This amounted to about $3.50 against $8,763,000 share amounted as $3.76.—V. were gets as at Peru, estimated an to the by shares. Signature Loan Co., Inc. It on common stock from authorized Huttig, by noon $79,319,589. pres- stock the Telephone General stock $2,000,000 new Donald estimated Athens The made a with first it of days, summer, The Pittsfield, Inc.—Plans Financing authorized class A u shares from Co. B. A. President. Nafziger, L. represent voted the on March 31, on of $13,952,000 Common year. 1 1957. Truth filed 1 shares of common stock corporation's R. Canadian Federal of Chicago 5, 111. 1954. income were Plans 9. the England Co.—Sells trustees under filed company by shares, outstanding at Dec. 31, 1953, as against $3.26 average shares outstanding, common stock earnings per Construction at Farmers & Traders Life Insurance Co., Syracuse, N. Y. Registers With Securities and Exchange Commission— voting office notification with the SEC be offered at par ($1 per Vandam, 7 Bellevue Ave., Winchester, Mass. to be used to build, develop and operate guesi, raiicft. Feb. on 200,000 proceeds are three outstanding New for General sell series of payment banks to issue 12, net On planned and "Nujol" and "Mistol" Business—See Plough, Inc. below.—V. 178, p. 1777. The Power, Tire Standard the at 612. p. 1953, will be the highest in history, according to an estimate on Feb. 10 total on 1952. County Electric Co.—Financing Approved— company Electric $3.98 dividend year-end preceding the from stock mortgage bonds short-term notes page fill. This 179, through Irwin K. Mr. The production requirements) to plant and, together in company This record of 21. March ap¬ construction earnings leceived 1954.—V. 18, Interstate Bakeries Corp.—Reports Record Sales— common holders to General Time Corp.—To Build New Plant— Feb. on operations, to complete the company's 1954 construc¬ involving expenditures estimated at $5,714 000 —V 179 tion program, the share of from ibanks 517. p. approximately $8,402,760. be 135 East Eleventh Place, Inland Fisheries, Inc., Name, etc.— 50% on an stock common dividend record to held. Stone new $4,990,000 cost must 301, covering on for from cash given to bids All Room declared and new a 179, certificates, series 38, to be dated March 1, 1954, to malum installments and to be secured by equipment estimated a The a stock common stock Preliminary manager. amount below.—V. Corp. equal semi-annual subsidiary, its Commission outstanding stock (equivalent to 40c a share ousianding after the stock dividend! was also of 2) page shares ten $29,100,000 1954, has invited bids for the purchase of $6,000,000 equip¬ company 30 He 50% cash A Net iss The in below, according 1954, April upon (Tex.)—Registers With SEC— each in 179, p. 204. Illinois Central RR.—Bids for Certificates— share) authorized the registration statement with the SEC supplied Construction expenditures are esti¬ in 1955, and $17,800,00® program. $40,300,000 ment trust Stores Corp.—New payab.e April proceeds of the sale of the common stock, together proximately $6,500,000 which the company expects to obtain $5,000,000 York 3'A% 2476. p. D. stock, for share Co.—Registers With SEC— a Nash-Kelvinutor See 1 common 1954, covering 76,399 shares of its "o par common Stock, to be offered subscription by stockh olders of record Feb. 23, 1954, at the rate be 768. p. White, for new 176, Hudson Motor Car Co.—To Vote on Merger— ^ . The share. per and Investment News a filed construction at 1956.—V. 18, 1954, to request a hearing. The funds to be used by Northern Pennsylvania for its construction program. sidiaries 'show This company filed below.—V. Corp. $30,000,000 covering tensive credit $7,500,000 a applied to the SEC for authorization to make Pennsylvania of General Corporation and (Continued Products Liberty mated in 612. p. contribution capital directors. Corp. is to be to 1 taken be I and the new registration statement with the SEC on Feb. 4, of first mortgage bonds, due 1989, to be offered for public sale at competitive bidding. Net proceeds will be added to the general funds of the company and will be used from time to time with other cash resources of the company to finance its ex¬ Genera! Public Utilities Corp.—Advances to Unit— offering. El Paso Electric Co. on In-' Pa. K. Porter buildings was razed, the property.—V. 117, p. 33. H. Houston Lighting & Power the with cents) (Mo.)—Borrows From Banks— has due Smith, by 12,000 Securities Corp. Co. Pittsburgh, old built was The company With SEC— notification of stock common General Telephone Corp.—50% Price, the working capital. company the of enUy to See in located are through Sheehan & Co., Boston, Mass. The used to increase inventories, and for capital Gas Service Co. and filed 2 shares be to are expenditures and are 35,961 share. Line Webster & of Highway Trailer Co.—Holder Sells Interest— third to go into opera¬ three President. tlndicates is has land on Feb. on 140,000 General Bankshares W. four acres in part addition has been company $1.50 per share at The one A dome interested persons until Feb. Pipe 50 & previously could not be handled due to large size or shape. area covered by the expanded Hanlon-Gregory operations The Tex., Feb. 5. on enables eludes at Nash mine which A. J. building also included the erection of a new and modern £*Iwhich increases the company's capacity by 25%. the company to galvanize various bulky fabrications plant which new Addition completed an expansion program in and property exceed $1,330,000, just new Wright Qo. program vaniizng Association •1954, Blyth capital and The of raising the Fire 398. p. that its last several years and November, This corporation has 30,000 above;—V. 149, p. 2085. pf the expansion, Hanlon-Gregory and Tri-Lok Co., an aff-lihave bought the adjoinng plants of H. K. Porter Co. and firm, addition of common •Represents issues placed privately. ^Indicates issues sold competitively, price ated Collins close has for President, announced As part the of the of being held in trust for the Kentucky Female Orphan School of Midway, Ky., and the school benefits from royalties on the surphur mined.—V. 179, p. 5. struction $4,845,208 .of Diebold, repre¬ assets as for program 179, the were stockholders announced on Feb. 8 sulphur deposit is notes Lynch, Acquired— Bridge Co. Ltd.—To Be company expenditures $76,452,608. to above the preceding 14, In amounting forth set approved Jan. on is in since The Completed. ino Robert Co. Co. Gas Stone Co. 210,366 Wisconsin by (par SEC— registration statement 1800. a Hanlon-Gregory Galvanizing Co.—Adds New the his¬ Oversubscribed. stock Offered Offered & Bros,, Inc. Price, $13 per $1). Co. 271,500 Transcontinental common stock common filed 4 production. dome undertaken The Completed. (A. & of Feb. on Louisiana. (par Oversubscribed. Price, $34 per Co. Completed. (par Barney in Nash ofiered common Offered share. Electric Manufacturing $20). 31, high, results in Fort Bend County, 35 miles southwest of Houston, ^.placed 'v. agreement per & $10). (par Co., (par of 50,000 share's Price, $18.62V2 60,000 San shares 3,700 Pierce, Fenner & Beane. I Dec. the in $2,201,049—which was 1952. over all-time an income Gamma Corp., Wilmington, Del.—Files of Offered Oversubscribed. Regis investment by 142,500 Public Service Co. of New Hampshire 5,000 shares of com¬ mon stock (par $10). Price, $28.50 per share. Offered by Blyth & Co., Inc. 49,950 Rohr for their increase reserve The the highest 10.7% of capital The company Completed. 3,500 per share. per Sincere Corp. Price, Ryons & Co. Price, Hamilton com¬ company covering 2,000,000 capital shares.—V. 177, p. repre¬ division of the Freeport Sulphur Co.—New Mine Opened— by Dean! of share. shares $2.87>/2 Co. cents). 145,250 Polaroid Co. 12,890 Price, & premium unearned Net investment income that Philadelphia par). Completed. Co. Sherman The at were stated business of ,j, Gas Co., which He expressed gratifi¬ major Completed. par). Forge each $1,535,518. increase an was tion 37,059 Kropp 1952. was additional common Offered in increase companies enjoyed companies by of shares $37,901,734, were the previous year. over an investment See Bridge & Tank Co. of Canada Ltd. tory during 1953. common Offered . Co. 91,500 Iowa-Illinois in 1953 year Completed. 4,000 Corp. 450 shares of Price, at market shares share. per written premiums was $106,900,014 204. p. Group Securities, Inc.—Registers With This providing for all statutory and other necessary reserves, the companies had a net underwriting profit of $559,787, against a loss of Offered shares there 179, with the SEC business. sented 51,108 $9.50 —V. Mos.—1953 $6,425,656 $108,674,055 $6,165,539 After Price, at par and selling stockholders, two Associates Price, $5). Co., 21,150 Honolulu that $100). Jackson & Curtis. Fund stock Blyth 2,500 shares Net increase of 6% an $126,021 $10). Webber, 251,000 Firemen's stock Co. Phillipsburg, preferred (par history. sented Offered underwriting. 435,526 Eastern stock Gas & Price, $27.62 Completed. Inc. of dividend. without their com¬ cation $15». Co., Co. of Lower— 1954—:12 1954—Month—1953 Sales K. B. Hatch, President of this company and its wholly-owned subsid¬ iary, Reliance Insurance Co. of Philadelphia, on Feb. 8 announced that the companies, for the year 1953, had the largest premium income in Lee by shares 5,000 Per. End. Jan. 31— publicly at $15.50 per unit.—V. 177, p. 2677. by stock common Offered Price, $16.12'/2 per share. Electric (par & Gas Co. be offered would Fire Association of Philadelphia—Reports Profit— of share. per Water Blyth by Offered Completed. 19.797 shares $16.50 stock (par $12.50. by J. S. Strauss & Co. mon share. per stock com¬ Oversubscribed. mon 24,000 City Inc. Corp. 80,625 California 69,063 Central $12 2,100 shares of (H. L.) Green Co., Inc.—January Sales which has been sequent to such distribution. tEased upon 747.852 at the respective dividend dates.—V. 179, p. 204. shirts outstanding "V Number 5299 Volume 179 . . The Commercial and Financial Chronicle . * a. A secondary offering of 4,000 shares of common stock (par $3) was made on Feb. 4 by BIyth & Co., Inc., at $12 per share, with a dealer's discount of 50 cents per share. It was completed.—V. 175, p. 811. , Trecker Corp.—Secondary Offering Kearney & McCrory Stores Corp.—January Sales Lower— — Month of January— —V. 179, $2,009,000 Sales —V. 179, $2,115,000 October, it 1954, will addition roof 1954 —V. 179, 105. p. Lerner Stores Corp.—January Sales Declined— 1954—Month—1953 Period End. Jan. 31— Sales 179, 1954—12 Mos.—1953 $8,862,345 $147,628,643 $154,306,920 $7,790,622 —V. 205. p. Liberty Products Corp.—Sells Trailer Interest— Oliver H. announced in ment Chairman of the Board of Directors, on Feb. 9 that this corporation had disposed of its remaining invest¬ Trailer Highway Wis. The selling price of period.—V. 173, p. 2291. year (P.) Lorillard Co.—Definitive Debentures Ready— Definitive 3%% 25-year Apri^ due debentures 1978, 1, are New York —V. delivery at Chemical Bank & Trust Co., 30 Broad Street, City, in exchange for outstanding temporary debentures. 179, 518. p. (Ky.)—Bonds Offered— Louisville Gas & Electric Co. Kuhn, Loeb & Co. and American Securities Corp. Feb. on 10 jointly offered $12,000,000 of 3Y8% first mortgage bonds, due Feb. 1, 1984, at 102.461% and accrued inter¬ est, to yield 3%. This offering was oversubscribed and the books closed. of the issue Award competitive sale group at Feb. 9 on won by the bid of 102.102%. was on a & Co. Inc., Brothers man Boston The and Stuart Halsey, Blyth & Co., Inc. & Co. (jointly), Inc., 102.022; Roll high be will redemption prices the at 101.947; ranging option from of 105.47% at company, PROCEEDS—Net part of for and company's about proceeds the expenditures additions the of the 1954 financing and used to be to incurred It is estimated that expenditures involve is Summer, include $1,995,000 by Salomon Bros. & Hutzler. final instalment of series 2xk% M The second and issue aggregating $9,645,000, these prices scaled to yield from 1.30% to 2.70%, according to maturity. The group won certificates an offered were 99.072; bids Kidder, 99.05. Blair Rollins is railroad box to & be Co. and 250 ore authorization to the 99.5099 the by the utilize to principle of function attendant will exploration the be the of will be required. This will instrumentation for the development research extensive testing, Stores Co.—January i not cost 1954—12 Mos.—1953 1954—Month—1953 Interstate & Co., Co., Inc., 2%s. the Federal This corporation have Commerce subject been Feb. on moved 9 the to taxes... 1,143,445 922,225 11,992,955 taxes.. 726,161 505,159 9,653,521 8,368,433 Net operating income 1,561,393 1,213,293 15,530,207 12,339,235 1,315,455 1,008,646 13,146,112 10,169,486 Net after —V. 179, charges.. Meridan's (G. C.) Murphy Co.—January Sales Lower— 1954 Sales a 179, 206. p. — Bonds Offered—A banking jointly by White, Weld & Co. and Kidder, Peabody & Co., and including Hallgarten & Co.; R. W. Pressprich & Co. and Shields & Co., on Feb. 11 publicly group headed offered a new issue of $5,500,000 3%% first mortgage bonds, series A, due Feb. 1, 1974. The issue was award¬ ed to the group at competitive sale on Feb. 10 on a bid of 100.928. The bonds were repriced for public offer¬ ing at 101.787, to yield 3.50% to maturity. Other bids on 3%% a coupon 100.659; Blair,1 Rollins & Co. 100.099. to Lehman Brothers redemption if 100%. Feb. 1, 100.507; for 100.28 Halsey, Stuart & Co. Inc., and The First Boston Corp., bonds as 3?4S. the 1973. i company, formerly and the use to repay which are the of Maiden as from the of and estimated at utility city $1,300,000 $677,625.—V. 178, supplies Boston, of for for principal operating division hose flexible located in the Droll Building, 925 J. W. Droll Division, which recently Machinery Co., Quincy, Mass. Flex-O-Tutae is assemblies for the of avia¬ steering power assembly facture plant in construction in gas has called for redemption on March 1, next, $425,000 mortgage bonds, 3(4% series due 1969 at 104.8%. Payment, in case plus accrued interest to the redemption date, will be made each Earnings for the months 12 before interest 179, to shut Sales to ago of this Sales $1,775,186 ——„ —V. 179, $2,000,894 $18,013,507 $19,411,993 205. p. 1952 attributed for the decline and appliances, change-over. model $1.27 in earnings reduced prices, to and aircraft engines were sufficiently ahead of a year wholly offset reduced sales of cars and appliances, Mr. pointed out, however, that profit margins on govern¬ He smaller are and car Mason month appliance than standard on commercial said, as result a Rambler on to products and compensate for volume. and of price reductions Statesman cars, earlier announced increase an in volume anticipated. To Vote stockholders Corp. 1954—6 Mos.—1953 President, automobiles higher sales of airplane engines therefore failed vinator 1954—Month—1953 1953 $108,634,874 $111,332,809 954,893 5,522,374 ; military business ment of down said. lower Co., trustee, New York, N. Y. „MiIler-Wohl Co., Inc.—January Sales Off— 31, amounted $0.22 Mason, almost Mason is W. production a 613. p. Oct. ended charges share per George lower The the office of City Bank Farmers Trust at expendi¬ communities 13 Mass. income earnings after taxes Mr. company treasury 1954. sales Net that Michigan Consolidated Gas Co.—Partial Redemption— Light ,Co., with 614. p. Net Detroit, automobile, Gas Nash-Kelvinator Corp.—Sales and Earnings Lower— according to George A. Fry, President. been Electric England together natural revenues and New Melrose financing, outstanding bank notes and $6,049,000 were subsidiary a known proceeds BUSINESS—The north from: came Inc., bid prices for the new bonds range downward from during the 12 months beginning Feb. 1, 1954 to Special call prices are scaled from 101.79% redeemed after PROCEEDS—The to units. Flex-O-Tube also maintains a Western North Hollywood, Calif., and its Canadian manu¬ is centralized in Windsor, Ontario. draulic 1953 $10,462,425 $11,301,721 —V. 1953, and farm equipment industries. Fry related that Flex-O-Tube principal supplier of hose assemblies for use in automotive hy¬ tion, is previously had manufactures which 9,157,147 206, p. Month of January— reported that the company's executive Chicago Title and Trust Building, 111 Jackson Blvd., with Meridan's sold to the United Mattress Period End. Jan. 31— Also-participating in the offering are: Drexel & Co.; Union Securities and Stroud & Co., Inc.—V. 179, p. 613. 96,864,303 Quarter Ended Dec. 31— offices The Commission. Corp.; $ 126,729,118 8,681,649 107,494,630 operating tures Chicago, 111.—New Offices— W. Washington St., Chicago, 111., —V. is income $ 144,671,313 11,322,326 9,618,819 . 1953—12 Mos—1952 $ 13,049,818 EARNINGS—Operating offices 597,127 Other new certificates 1953—Month—1952 expenses funds, Off— 205. p. 571,841 * Light Co. below.—V. 179, p. 614. 1954—12 Mos.—1953 $8,758,000 $130,911,000 $128,599,000 $8,584,000 — standard-gauge than $12,530,744; 1,500 less of Stuart Operating $3,690,105 $60,670,832 $62,475,908 Mercantile Stores, Inc.—January Sales Period End. Jan. 31+- 179, & $ System Sales —V. Power revenues 100% 205. p. 2,809,579 100,439 395,436 106. p. Period End. Dec. 31— will This & Pacific 105.24% Sales Declined— 1954—Month—1953 $3,280,720 179, 179, Operating program careful Period End. Jan. 31— —V. 2,696,811 93,950 493,541 Mystic Valley Gas Co. An an 2,328,125 362,710 667,661 income jets and pressure of ground 41^257 $255>18 Mountain States Telephone & Telegraph Co.—Earns.— this of first Pressprich for following Issuance cars. of bid Inc., secured equipment estimated cars the to world 53,421 2,642,537 railway General bid of 99.1776. a a issue The on 2(4% coupon were;; R. W. Peabory & Co., 99.06, and Halsey, on aircraft of at award of the certificates Feb. 8 Other the Meridan Corp., equipment trust certificates, maturing annually Aug. 15, 1954 to 1968, inclusive, was made on Feb. 9 by a group headed in McLellan Louisville & Nashville RR.—Equipment Trust Certifi¬ of See . military 26 864 41,390 Mountain States Power Co.—Proposed Merger—• under Announced— Convertiplane—first XV-1 4,770 63,313 railway oper. 10,000 flight test data, and painstaking pre-flight test work.—V. 179, p. 205. of an Offering of the convertiplane principle to larger aircraft. XV-i is designed to carry three passengers, or two litter pa¬ and medical attendant in addition to the pilot. The craft is The W. — area an city a approximately 30 feet long, 10 feet high and spans 26 feet in width. Prior to the first actual flight, which will not take place until next was Offered ry. feet loading. spotter. tients 1955. in from Net of operating public utility engaged prin¬ cipally m the electric and gas business in Louisville and vicinity in Kentucky. The area served has an estimated population of 500,000. Total operating revenues for the year ended Dec. 31, 1953 aggregated $39,275,677, and net income amounted to $5,995,666.—V. 179, p. 613. BUSINESS—Company cates the of application pay will $16,800,000 and be its properties. to program This is 1951 $197,256 2,335 Louis St. square par. will incurred company improvements for the from construction $18,700,000 out disc tank They also "will be subject to call for redemption for the sinking fund on April 1 in each year beginning 1955 at prices ranging from 102.41% to par. to the development of Wright Air Development Center of the U. S. Air Force, Transportation Corps of the U. S. Army and McDonnell Aircraft Corp. The Convertiplane's versatility will permit studies on its tactical use for observation and reconnaissance. Further studies will be made of its design uses as an artillery and and The First the in gross comprising from Net in Sales redeemable, Gross June. next facilities 1952 $195,384 *18,952 income— oper. "Deficit.—V. The Convertiplane is a joint Leh¬ 101.9299. Corp., bonds genera] 102.051; of $7,500,000 completion in type ever developed In the United States—was announced on Feb. 8 by the Air Research and Development Command of the U. S. Air Force, and the McDonnell Aircraft Corp. The XV-1 is the first con¬ Closely competing bids for a 3(4% coupon came from: Kidder, Peabody & Co. and Goldman, Sachs & Co. (jointly), 102.10; Harriman Ripley has, corporation vertiplane now for available feet, square cost for 2,500,000 homes size average New Convertiplane Edgerton, of Co. than by the aircraft manufacturer. 2,500 to production more gross a ry. 1953 $167,052 railway railway From Jan. 1— addition, completed a $20,000,000 building expansion program of its own. Besides the purchase or the main portion of the plant from the City of St. Louis, major facilities in¬ clude: a flight test hangar of 161,000 gross square feet, a propulsion laboratory used for development and testing of various types of jet propulsion units, and a 230-mile-per-hour low speed wind tunnel in which basic aerodynamic characteristics of aircraft may be determined. The new structure is designated "Building 27" but is actually an addition to the existing "Building 21," which is also leased by Mc¬ Donnell from the Navy. When completed, the north wall of Building 21 will be removed to join the two areas.The Payne, $2,070,000 is payable over a two from from population! 1953| $19,733,310 $20,611,436 Sales equal of total a owned and leased (S. S.) Kresge Co.—January Sales Lower— Month of January— partially occupied be McDonnell to make will area Field of 485,000 by the U. S. Navy at corporation. Scheduled this to facilities— Lambert at being constructed leased This 205. p. is be RR.—Earnings- December— Gross Net building new will 1953 p. McDonnell Aircraft Corp.—To Increase which 1954 .> 1953 $6,219,368 205. Net A (G. R.) Kinney Co., Inc.—January Sales Off— Month of January— 1954 $6,013,258 Sales Montour and March on Motor 24 Car will Co. vote Jan. Motors plan, as approved 1954, provides for 14, on under Only stockholders of record Feb. The merger on Merger— on Hudson a of merger the name may 23 Nash-Kel¬ vote. American Motors by the directors of the two companies issuance of two shares of American $5 par value capital stock in exchange for three shares of presently outstanding. Nash-Kelvinator stockholders participate in American Motors on a share for share basis. Approval of the merger plan requires an affirmative vote by two- Hudson stock would Lucky Custer Mining Corp., Boise, Ida.—Files— The corporation Feb. 1 filed a letter of notification on with ' the SEC covering 25,000 shares of non-assessable common stock to be offered at par ($1 per share i, without underwriting. The proceeds are to be used to retire debt and for working capital.—V. 177, p. 142. Machol Edge Index, Inc. (N. Y.)—Stock Offered— The company Jan. on 29 publicly offered shares of 10% cumulative preferred offering Is nob underwritten. The The preferred stock may stock "as at speculation" a ($100 par per Mississippi Power & Light Co.—Stock Offering Over¬ subscribed—The of stock will estimated expenses net be share). proceeds received from the sale of the pre¬ by the corporation to cover incorporation at legal $500, for foreign" patents and the balance will estimated be disbursements fees, at used total a by the of and incidental from $5,000 to for work¬ corporation for the of incorporated was acquiring all of in New York on Nov. Gross York New N. 3, the Y. EFFECT GIVING TO PRESENT FINANCING Authorized cum. ♦Issued tion preferred stock (par $100) stock Common to his of interest (no par) Morris R. transfer the 400 shs. 2,000 shs. __ ♦2,000 shs. President and Treasurer, in considera¬ of all his) right, title and Machol, to Outstanding 400 shs. — corporation in and to the application for U. S. letters patent, serial No. 87969, and his agreement to assign to the corporation any future patent applications or inventions by him relating to edge indexing. —V. from ry. from from Net Net' ry. P. 106. See Climax 106,624 85,496 58,627 22,288 5,730,642 5,254,440 1,991,011 2,006,972 Molybdenum Co. above.—V. 178, p. 875,455 824,580 828,741 106. P. Net. 1953 railway Mastic Tile Corp. of America—Securities Placed Pri¬ of promissory notes due Feb. 1, 1959, and $600,000 Feb. 1, 1964. These securities first mortgage bonds due placed with institutions purchasing them for in¬ vestment. 1952 1951 $7,419,438 2,721,875 $7,054,923 1,910,254 777,034 1,189,706 1,093,925 1,104,196 85,545,555 85,115,225 78,828,267 77,582,227 2,406,977 fram Net from Net ry. —V. railway 22,691,408 income 23,799,271 19,671,801 22,359,338 9,484,952 railway oper. 179, 10,741,081 7,176,448 9,096,750 206. p. additional used expansion. company -flooring. The company's is a to provide additional working funds and leading maufacturer of asphalt and vinyl tile plants are Calif. located at Newburgh, New York; Joliet, 1951 1950 $3,690,921 $3,386,222 $3,319,858 667,692 1,348,165 1,085,400 1,193,822 426,956 698,322 1,162,500 from 747,804 39,945,546 Net from Net ry. 41,228,205 38,475,942 11,278,934 12,157,770 9,807,793 35,798,615 '9,979,367 5,837,654 railway railway 6,153,394 4,550,508 5,157,705 income— oper. 179, 107. p. National Cuba Hotel Corp.—Inter est Payment— The directors debenture 1954. 5 declared represents balance.of of account Feb. on interest interest payment accrued accrued payment of 4.2% a bonds, payable March This 1954 to holders full of interest and and on 1, in due due March Sept. 1, 1, the 30-year of record Feb. arrearages plus 1949, 1949.—V. 178, of 1.5% 667. p. Nevada Perlite Co., Inc., Fallon, Nev.—Files— The corporation on Feb. 1 filed share), roads 1,470 and a letter of notification with the SEC shares of capital stock to be offered without underwriting. plants, and The proceeds equipment for New England Gas & and are to working at be ($100 par used to per build capital. Electric Association (& Subs.)— 12 Months Ended December 31— 1953 1952 Subsidiaries:"' Missouri Pacific RR.—Earnings— 1953 December— from from ry. railway— railway oper. - $18,217,933 1952 1951 1950 $21,598,924 $22,264,401 $23,767,802 1,551,823 4,172,977 4,524,569 8,870,704 799,496 _ 2,119,231 2.609,705 Net from from ry. railway oper. —V. 179, p. 238,261,929 248,490,856 239,345,626 220,366,395 44,126,026 income. . Other 56,624,049 46,163,785 59,036,193 23,414,225 28,052,419 23,961,994 31,659,212 206. of Association before subs., Interest immediate families (150,458), and The Lehman Cor¬ poration (106,480). York Stock Exchange through special or by 549,576 $7,754,279 $6,898,415 taxes (no excess net 229,580 $6,668,835 1,159,761 deductions before Fed. 262,980 $7,491,299 income taxes— profits tax payable) 1,124,238 $6,331,538 $5,544,597 3,392,056 2,926,424 $2,939,482 income $2,618,173 203,518 276,687 $2,735,964 $2,341,480 $1.36 dividends $1.27 on at the market price then prevailing, or secondary distributions. The company part of the proceeds.—V. 179, p. 400. Preferred less miscellaneous income— other income Consolidated According to the prospectus, the shares may be offered for sale the selling stockholders, or one or more of them, from time to time offerings inc. income taxes__ - and Consol. Fed. Fed. • Balance statement with the SEC on Feb. 2, 257,338 outstanding shares of its $1 par common stock held by Lehman Brothers (400), partners of Lehman Brothers and will receive no 123,224 $7,447,991 628,486 Interest and other income deductions covering their $8,382,765 General expenses, The company filed a registration now $37,628,840 $36,047,542 29,416,592 28,722,775 8,212,248 7,324,767 170,517 income Income Monterey Oil Co.—Registers With SEC— 1954, — Total I railway Operating revenues Operating expenses Oper. income, before Fed. income taxes 6,417,256 income— the New and Long Beach, 1952 $3,055,507 income— oper. covering From Jan. 1— Gross day to take action same 1950 $7,311,669 1.408,050 ry. oper. income— members of proceeds will be ry. on $6,626,404 railway the From Jan. 1— Gross 2.7% RR.—Earnings on 1953 railway railway 6% From Jan. 1— 570. from from 1,902,712 965,330 Income meet 614. p. Nashville, Chattanooga & St. Louis Ry.—Earnings— 4,724,154 2,164,825 railway 5,523,525 will 179, December— Gross —V, railway from from Net vately—The company, it was announced on Feb. 11, has placed privately through F. Eberstadt & Co. Inc. $500,- HI., 225,475 89,575 December— Gross Net The 164,572 $408,724 158,172 Missouri-Kansas-Texas Gross for $380,238 Motor stockholders the consolidation.—V. 19, 179, Gross Maracaibo Oil Exploration Corp.—Acquisition— The $518,178 income oper. Net 000 1950 of, 179, were 1951 $447,167 railway oper. 1952 From Jan. 1— Gross Net CAPITALIZATION 10% railway from Net 1953 2, right, title and interest of Morris R. Machol of, in and to a certain patent application for the manufacture, sale and licensing of a marginal edge index system. The principal office of the corporation is located at 25 Fifth Ave., purpose Hudson Net Missouri Illinois RR.—Earnings— —V. BUSINESS—Corporation thirds of the stock of each company. on Net used ing capital. 1953, Equitable dividend preferred stock has been oversubscribed and that subscription books are closed. See details in V. 179, p. 614. December— be redeemed at $400 per share and accrued expenses $6,000 and 60,000 shares of $4.36 Net PROCEEDS—The Corp. announced that the offering 400 dividends. ferred Securities Union Securities Corp. on Feb. 5 Balance available for common shares Earnings per common share —V. 179, p. 519. i . 8.(716) ,,, in (Continued from page 7) 228,743 Welex It without the At stock mon Scott, Si Mason, 80,625 California Water stock Si by Illinois stock mon Blyth 24,000 City <fc without Webber, stock (par Blyth & D. Price, of Completed. shares 4,000 $62.75 of share. per Electric & Price, par). Inc. Offered Price, and $41.50 and of share. per par). by of Offered stock common share. per (par Aircraft & Price, Co. 931,250 St. shares Offered Co. of Co. & (par by L. $10). $13.50 Paper Diego stock & Price, share. 50,000 Noyes 467,493 & Spalding stock share. per of G.) St $1), Barney & The Co. Weld by & stock Co. by Robert sulphur new several other located are stock Merrill share. of in trust for the Kentucky and the school benefits from of Midway, Ky., mined.—V. 179, of Feb. on filed 2 Offered by with costs.—V. 179, cash Hemphill, 35,961 shares per share. Offered of common Line cents). Webster & estimated Corp. 12,000 shares See Stores Books shares of share. per Offered common by stock, puyab.e closed. have directors The April the 22, in declared to 50% a stock common according 1954, stock 50% April Stock Dividend, Etc.— stock dividend the on an May dividend subject is stock common of approval to increase an which will 10,000,000 shares, to be share in to for the 011 common stock of 60c share a the on serve proceeds the the of the the will be principal used to amount its pay held Stone on The of a series of first of outstanding The involving program, expenditures estimated at has received SEC bidding $5,000,000 The proceeds short-term will promissory System be will be ol' authorization first made as 1953, outstanding, for 1952, were share per 1953, issue pnd to banks and to New amounted watches have will that about about 110,000 500 plant and 178, of —V. at sell This Corp. p. 2092. company filed covering voting trust registration statement a trust certificates stock.—V. common 144, for for with the 3,000 stock common SEC shares Feb. on of the of 4 The Loan stockholders Co. of floor Feb. on authoi'ized shares o&o,4uo «tock from and Signature Loan is ed ' , Vot* will A will be employed people of plant and there when personnel 25, ings are struction on to 250.000 changing & on Toledo, O. the every day. The is company well it began production on Rubber Feb. in If )n to Sfcl1 of its stock. plastics securities, stock of increase is 77-cent rumuiHtive share. shares This of new each would approved, present film in and 1953 The to of to p. said 5 it plans to take over the Textileather require convertible the the management stock. Intends preferred cumulative issuance prelerred Simon, Strauss of to stock participating a maximum offer (par General would operation. and final financial the operate transactions details two will not be companies as to sheeling. was more combined annual sales of $50,000,000—V. 178, p. 1778. The than the two p. of stock outstanding, common 1668. , 1954—Monih—1953 . 1954—12 Mos.—1953 $3,890,899 $63,863,108 $64,758,841 & this company 179, 011 into p. Sales - —V. ' 58 916 Any such shares not taken Interstate (Nev.)—Control to Change- Telephone Co. above.—V. 139, p. 119. 179, p. (W. T.) Feb. 25 Foremost will vote Dairies, on Inc. approving (see latter in merger V. be can Low degrees.—V. area. each room is heated with filtered warm air, recessed wall unit, requiring no floor space, finished pressure steam, to harmonize with any interior color supplied to each unit by small flexible 174, p. 1497. Kalamazoo Vegetable Parchment Co. (& Assoc. Cos.) —Earnings Show Gain— 1953 1952 $11,999,324 $11,503,046 1,286,562 825,778 652,179 408,871 3 Months Ended Dec. 31— Net sales U. S. income before Earnings taxes and Canadian income earnings •Gain taxes (est.) $634,383 from operations. exchange arising $416,907 7,450 adjustments. from disposition of Can. prop. 18,280 $398,627 76,372 $703,305 share: adjustments and extraordinary gain_ adjustments and extraordinary gain— $398,621 $0.77 $0.51 $0.85 $®.48 $0.25 Jft.25 earnings per Before After 1954—48 Wks.—1953 JDivldends paid per share— which has been replaced by new facilities. tOn EXic. 18, 1953, a 10% stock distribution (one share for each ten shales out¬ standing) was made to shareholders hf record Dec. 1, , 1953. For comparative purposes, net earnings per share for the 1952 period have been restated-on-the basis'of 822,117 shares outstanding sub¬ •Property Grant Co.—January Sales Off— 204. limited compact Net earnings, 1954—Month—1953 * 1954—-12 Mos.-r-1953 1 ! $15,053,738 $15,258,016 $299,767,665 $283,240,067 p, a system, a tubing, 179, 399. 1954—4 Wks.—1953 Heat'g System just $626,933 the 399. Per. End. Jan. 31— 179, has provides heat and also power for the steam-turbine driven circulating fan. The individual SelecTemp room heating units operate independently. Each thermostat may be set any temperature from 40 degrees to 90 Net $15,733,558 $14,124,423 $186,210,686 $169,628,893 Sales —V. applied to the SEC for authorization to issue its notes to banks in an amount not to exceed Commission has given interested persons until concerns two $11) the Co., Ltd.—T6 Vote on Merger— stockholders 612").—V, by which copper approval by made public until subject are in this scheme. Grand Union Co.—Current Sales Up— to preferred of shares 178, p. 2093. years and the preferred corporation has and company circulated Mr. O'Neil said. Textileather, whose products are widely used in the automotive industry, makes such items as plastic-coated-fabrics, upholstering, bookbinding, luggage, handbags and workers' clothing. Bolta's plants are recognized for their printing, embossing and styling of plastic this Chace, Whiteside, West & Winslow convertible $1.20 with 178, 1954, to request a hearing thereon. Proceeds of the borrow¬ to be applied toward the financing of the company's con¬ program and to restore working funds to normal require¬ Under Co.—Proposed Acquisition— plans are submitted to them, Period End. Jan. 30 addltional ,^rllliam N- pope, Inc., and exchange for the sales of released for national distribution its Selec Temp heating system, which provides for a thermostat in every room. This advanced new method of heating has already been in use for The 1887. the Bolta Co. of Lawrence, Mass., two of and plastic sheeting manufacturers. and multi-million-dollar stockholders 1954 a proposal 250,400 shares convertible of the previous year's Iron Fireman Manufacturing Co.—New its t.Net name over This would 1953. Department Stores, Inc.—Sales Declined—► California see shares. the 610,872 the of Interstate Telegraph Co. O'Neil, General's President, said he is negotiating separately concerns for mergers. Under the proposed merger agree¬ preferred The Insurance approving from than 8% in promissory ments.—V. two divisions Co., Inc. underwriting. snares on stock cumulative 31. is ments, stock of Textileather and Bolta would be exchanged for General Inc.—Plans Financing vote common authorized 100,000 shares als° 23 class the more preferred.—V. company Feb. space, 1 , Golden State of Pittsfield, Dec. 204. p. /Canadian Federal ended year about $85,000,000 of $3,470,848 179, $4,000,000; 1957. p. the on This largest plastic film William with the voting company of nation's England Farmers & Traders Life Insurance Co., Syracuse, N. Y. —Registers With Securities and Exchange Commission— a share, per unsecured the devices timing General Tire 1 Tire under of Sales produce electric household clocks, until now company's Westclox Division in LaSalle- will plant feet square towards its 300 millionth clock since way Esso trustees gain a Period End. Jan. 31— against $3.26 earnings per $3.76.—V. 179, p. 399. as corporation's seven plants, located in Illinois, Indiana, Connec¬ Canada, Scotland and Brazil, together produce 50,000 clocks, ticut, 179 Standard Oil Co.—Sells "Nujol" and "Mistol" Business—See Plough, Inc. below.—V. 178, p. 1777. voting the for earnings Illinois. The now amount to $4,750,000; and the capital expenditures.—V. 179, p. 516. for and volume sales Interstate stock common they Corp. and sub¬ against $8,763,000 as earnings gets underway. Expansion conditions warrant. the at Peru, to which used to Corp.—Reports Record Sales— making allowance for payment of approximately $350,000 in divi¬ dends $2,000,000 new a unit Athens The mortgage bonds short-term notes $5,714 000.—V of estimated planned mortgage bonds, series A due the payment of outstanding applied payable notes (Parent), balance, if any, company an three competitive The is production the County Electric Co.—Financing Approved— company Electric it ap¬ —V. Essex 1984. first with page fill. This $4.53; were stock Common outstanding at Dec. 31, shares average 1953 from obtain (evidencing borrowings from banks for construction requirements) to reimburse the companv lor earnings invested in plant and, together with Qtnh from operations, to complete the company's 1954 construc¬ tion for sales Nafziger estimated net earnings of about $2,500,000 which would increase of more than 7% over 1952. This amounted to about alter plant in Athens, Ga., will begin within 60 days, Donald J. Hawthorne, President, announced on Feb. 9, Plans call for completion of the factory before the end of the summer, with electric clocks coming off the assembly line by fall. series of preferred stock and new On Construction and new a N. ML— Interstate Power Co.—To Issue Notes— 4 Securities together expects to be General Time Corp.—To Build New Plant— Feb. subscription Webster & stock, common company $4,990,000 (CST) 00 President. Nafziger, estimated $3.50 for General Telephone of $13,952,000 for year. shares, total on figures income net preceding 1952. share manager. sale which Is™ «?«* ?al.e of I5-°°0 shares of $5,000,000 then amendment. dealer as of proximately $6,500,000 shares ten by Treasurer, , 1954, 12, year-end show $3.98 L. represent pres¬ March record to (Tex.)—Registers With SEC— each Huttig, B. 111. by noon $79,319,589. stock (equivalent to 40c a share on the stock to after the stock dividend) was also declared by the The cash dividend is payable on March 31, 1954 to holders for registration statement with the SEC supplied A. on 200,000 corporation's R. Mr. Preliminary 1954, covering 76,399 shares of its no par common stock, to be offered' subscription by stockholders of record Feb. 23, 1954, at the rate Net by outstanding sidiaries for be of 1953, will be the highest in history, according to an estimate on Feb. 10 voted of (Continued from page 2) Corp. is This lo, ousianding for to office 612. Feb. 1 filed a letter of notification with the SEC shares of common stock to be offered at par »$i per company Interstate Bakeries common 1954, to holders of record announcement by Donald C. Power, on 21. dividend cash A Investment News new p. share) through Irwin K. Vandam, 7 Bellevue Ave., Winchester, Mass. The proceeds are to be used to build, develop and operate guest rancft. He authorized upon General Corporation and is 179, Inland Fisheries, Inc., Truth or Consequences, Inc. below. directors. a the at 135 East Eleventh Place, Chicago 5, 1954.—V. 18, received be must 301, covering Corp.—New Name, etc.— D#1 A. Schulte, General Telephone Corp.—50% 14,508 $14.50 special offering. filed cost to bids 2476. p. of Price, $22.62% per share. Corp. and White, be one Feb. until Feb. 18, 1954, to request a hearing. The funds used by Northern Pennsylvania for its construction prog'ram. be ently price Ail Room contribution in the amount of $350,000 to its subsidiary, Pennsylvania Power Co.; and the Commission has given 178, The This company purchase of $6,000,000 equip¬ series 38, to be dated March 1, 1954, to mature to be secured by equipment approximately $8,402,760. has invited bids for the company The •Represents issues placed privately. ^Indicates issues sold competitively, El Paso Electric Co. Merger— 517. equal semi-annual installments and 30 President. tlndicates p. Securities Corp. Co. 179, ment trust certificates, corporation has applied to the SEC for authorization to make a to —V. Smith, by Completed. Baird below.—V. Corp. Illinois Central RR.—Bids for Certificates— The capital Northern $29,100,000 1954, in 179, p. 204. Nash-Kelvinator See General Public Utilities Corp.—Advances to Unit— stock Construction expenditures are esti¬ in 1955, and $17,800,00® program. $40,300,000 Hudson Motor Car Co.—To Vote on * in Blyth at 1956.—V. a 612. p. construction mated (Mo.)—Borrows From Banks— taken down $1,000,000 under Chase National Bank of the has company general funds of the company and will be used from time other cash resources of the company to finance its ex¬ the with time in Co.—Registers-With SEC— filed a registration statement with the SEC on Feb. 4, $30,000,000 of first mortgage bonds, due 1989-, to bo public sale at competitive bidding. Net proceeds will be for added to $7,500,000 credit agreement with the City of New York and the Commerce Trust Co. of Kansas City, Mo., covered by 3'/*% notes due June 1, 1956. The proceeds are to be used to pay for con¬ are Inc. Price, 768. p. interested persons Pipe 50 & 176, company offered With SEC— notification of letter a 140,000 Gas Service Co. (par capital Sells Interest— below.—V. Corp. Products ^33. covering tensive This shares the property.—V. 117, p. - ill-' razed, and the new Porter buildings was K. H. on Houston Lighting Ss Power - covering The Lynch, by built Liberty The 5. p. common Offered old the was Highway Trailer Co.—Holder See in to corporation struction shares of part ; (par Ryons $4,845,208 of A addition has company projects Hanlon-Gregory and Tri-Lok Co., an affili¬ adjoinng plants of H. K. Porter Co. and previously could not be handled due to large size or shape. area covered by the expanded Hanlon-Gregory operations four acres in Pittsburgh, Pa. eludes Tex., has been the projects three bought the plant the third to go into opera¬ and is years The 1952, the surphur on General Gas par). W. four of last which A- J. enables the SEC Offered Lester, common 4,000 share. $13 Bankshares ino of 30,000 Bros., (par Stone 210,366 Wisconsin the Addition just completed an expansion program in building and property exceed $1,330,000, also included the erection of a new and modern galwhich increases the company's capacity by 25%. the company to galvanize various bulky fabrications program which 35 miles southwest of Houston, new Wright Qo. addition Oversubscribed. stock Offered and vaniizng announced on Feb. 8 that its new mine at Nash dome November, has for have firm, The the raising of Fire Association of 2085. Canada Ltd. above.—V. 149, p. part of the expansion, shares of common stock (par 10 cents) to be ollered at $1.50 per share through Sheehan Si Co., Boston, Mass.. The net proceeds are to be used to increase inventories, and for capital expenditures and working capital. & com¬ stock common Offered by Co. Co. Price, 271,500 Transcontinental common shires Price, $34 per Co. Completed. (A, As ated Collins close for program stockholders SEC— Feb. 4 filed a registration statement capital shares.—V. 177, p. 1800. on Co. Ltd.—To Be Acquired— Bridge company ■1954, Oversubscribed. Price, $15 per Completed. (par the by the of as were 1954.—V. 179, p. 398. 14, Orphan School royalties $1). Sachs company Diebold, President, announced on Feb. 5. by (par Goldman, Offered share. Electric St 1,020,000 Singer Manufacturing $20). above Gamma Corp., Wilmington, Del.—Files by $28.50 $10). Inc. The expenditures sulphur deposit is on land being held Female Offered stock common shares share. per Co. Gas (par Co., (par The Oversubscribed. 3,700 investment Louisiana. Oversubscribed. Regis approved Jan. forth set preceding 1953, funds on in since 204. p. . results Lower— 1954—12 Mos.—1953 $6,425,656 $108,674,055 $106,900,01# Hanlon-Gregory Galvanizing Co.—Adds New increase reserve Inc. Corp. Price, $18.62V2 per Pierce, Penner & Beane. San undertaken Completed. & per Offered $5). 60,000 by 11,500 shares of capital stock $11.75 share. per Blyth & Co., $1). 31, i placed in production. *"* Nash dome is one Completed. ' 3,500 Doolittle stock Dec. capital .4.-The company common 142,500 Public Service Co. of New Hampshire 5,000 shares of mon premium unearned the that Philadelphia 179, Hamilton com¬ Freeport Sulphur Co.—New Mine Opened— tion Sincere Corp. Price, Lester, Ryons Si Co. Corp. the major division of $1,535,518. stated business of by Offered by Dean shares 3,000 shares $2.87 »/2 Co. & Co. $30.50 12,890 cents). 50 The 1952. was was Ecnea1955. 1954—Month—1953 $6,165,539 The (no Completed, Co. Sherman in additional common stock common (about $47 per share). 135,125 Macmillan Petroleum 49,950 Rohr It by . to cost about $0,500,000, is vacation travel season in June, cars, new See Bridge & Tank Co. of ^ In Fort Bend County, cents),. Co. Co. each in increa.se an for the * ■ companies enjoyed the highest investment income in their his¬ tory during 1953. Net investment income was $2,201,049—which repre¬ sented an increase of 10.7% over 1952. In addition, the assets of the companies were at an all-time high, amounting to $76,452,608. common Offered was Completed. Gas Co., 145,250 Polaroid Curtis. & of share. per there The stockholders, 51,108 shares Corp. 450 shares of Forge Price, selling ■ Group Securities, Inc.—Registers With providing for all statutory and other necessary reserves, the had a net underwriting profit of $559,787, against a loss of 1953 p. This companies year the beginning of the 612. with the SEC covering 2,000,000- business. After Offered Co. (no (par two $9.50 Insurance market & & 33'/a by Associates Jackson Inc. Oil at Witter Kropp share. per 179, Hatch, President of this company and its wholly-owned subsid¬ that for date stream¬ this railroad's Budd Co. of Philadelphia, . the Per. End. Jan. 31— companies, panies' com¬ Completed. Price, $5). Co., 91,500 Iowa-Illinois 37,059 of for cars 10. Feb. Sales. for the year 1953, had the largest premium income in their history. Net premiums written were $37,901,734, which repre¬ sented an increase of 6% over the previous year. He expressed gratifi¬ Offered 2,500 shares $27.62y2 Offered $10). Fund 21,150 Honolulu stock Inc. Fuel Sc Paine, 251,000 Firemen's Blyth Price, Co. for Profit— com¬ of Large Order— (H. L.) Green Co., Inc.—January Sales iary, Reliance Insurance Co. of Philadelphia, on Feb. 8 announced that the dome 22 for Lee underwriting. Gas (par Price, by shares uled V. of construction announced Delivery made, holders of the participating pre¬ right to subscribe to one unit, consisting is the for Empire Builder has been awarded the was —V. B. cation Gas Si have of convertible preferred unit $126,021 stock 1 Offered 5,000 exchange will Fire Association of Philadelphia—Reports of Phillipsburg, N. J. 240 shares of 5% preferred stock (par $100). Price, at par and dividend. 485,526 Eastern , time stock per K. Co. cumulative accrued Co. it by * $15). Co., Offered shares of common stock Price, $16.12V2 per share. Electric ipar Gas share. per com¬ Completed. 19,797 Telephone (par $12.50. by J. S. Strauss & Co, 69,063 Central $12 Inc. 2,100 shares of Price, $16.50 per share. Corp. Oversubscribed. Higginson mon & Sharpe Mfg. Co. $10). 'par Price. $1). (par Horner 326,651 Brown Co. Order lined and one class A common share at each participating preferred share held, with an oversubscription privilege* The unsubscribed portion of the 29,458 shares of new preferred stock and 29,458 shares of class A common stock would be offered publicly at $15.50 per unit.—V. 177, p. 2677. $15 Issues Not Representing New Financing Great Northern Ry.—Places . dividends. accrued of one share Gas > share. per ferred #12,272,819 $25,200 Alabama-Tennessee Natural public offering at underwriters for to the sold The Commercial and Financial Chronicle... Monday, February 15, 1954 /, is and Oversubscribed. underwriting. would be ' contemplated that all unexchanged shares of participating preferred stock would be redeemed at an early date at $21 per share Services, Inc. 13,071 shares of common stock (no par). Purpose, to purchase new equipment. Price, $17.50 per share. Offered by company for subscription by Jet stockholders, exchange $11.50 >'!■ <n,K "'i ' - sequent to such at the distribution., f-Eased upon 747.852 shares outstanding dates.—V. 179, p. 204. respective dividend 1 Number 5299 Volume 179 .. The Commercial and Financial Chronicle . Trecker Corp.-—Secondary Offering Kearney & McCrory Stores Corp.—January Sales Lower— A — secondary offering of 4,000 shares of common stock (par $3) was made on Feb. 4 by Blyth & Co., Inc., at $12 per share, with a dealer's discount of 50 cents per share. It was completed.—V. 175, p. 811. Month of January— —V. 179, $2,009,000 Sales —V. 179, is being be October, will addition to make Kresge Co.- -January Sales Lower—• $19,733,310 $20,611,430 1 —V. 179, 105. p. equal 179, 1954—12 Mos.—1953 $8,862,345 $147,628,643 $154,306,920 $7,790,622 —V. Sales Declined— 1954—Month—1953 Period End. Jan. 31— Sales 205. p. in ment 21 Chairman Trailer Highway Co. Wis. The selling price of period.—V. 173, p. 2291. year —V. and 518. p. existing Feb. on 10 jointly offered $12,000,000 of 3ys% first mortgage bonds, due Feb. 1, 1984, at 102.461% and accrued inter¬ est, to yield 3%. This offering was oversubscribed and "the books closed. Award competitive sale group at Closely competing bids of for the issue Feb. 9 on 3Va% a & Co. Inc., Brothers man Boston The general "will and will be redemption be subject each in Blyth year to the prices Inc. Air Co. & Inc., and 1955 at proceeds prices from of 1954 the to from financing its will to be public The XV-i tients $39,275,677, and income net ended Dec. year amounted and Prior that 179, p. 613. Louisville & Nashville RR.—Equipment Trust Certifi¬ Offered cates Offering — of $1,995,000 series 2V2% M include of bids 99.072; Kidder, 99.05. Rollins is railroad to Peabory Blair and 250 Co., Also "participating in and Stroud the to $9,645,000, these Commerce are: Co., Inc., covering at is filed 1 of to —V. Commission. 613. p. letter a of non-assessable notification with stock to company shares The of Jan. on 10% publicly 29 offered to be cumulative offered preferred stock "as stock will net be estimated proceeds used at the by $500, legal for foreign' patents and the balance will ing capital. received at ($100 par be to sale share). per at total a by the of of pre¬ incidental and from corporation - the incorporation cover disbursements fees, used the from corporation estimated expenses $6,000 $5,000 for to work¬ . principal New York office N. 3, of the is corporation located at GIVING cum. ♦Issued tion of interest No. (no EFFECT TO of, R. transfer in and and his p. Ave., PRESENT FINANCING Outstanding 400 shs. — 400 shs. *2,000 shs. President and Treasurer, in considera¬ corporation of all his right, title and application for U. S. letters patent, serial the the agreement to assign to the corporation any future inventions by him relating to edge indexing. or 106. Maracaibo Oil Exploration Corp.—Acquisition— above.—V. 178, p. 570. is Corp. of America—Securities Placed Pri¬ vestment. for proceeds additional The provide additional working funds and expansion. company -flooring. The company's 111., to is a research careful Stores plants are Calif. exploration the addition the to pilot. pa¬ craft is The width. take place until next program will be required. This will instrumentation for the development which will not maufacturer of asphalt and vinyl tile located at Newburgh, New York; Joliet, $ $ 126,729,118 expenses 9,618,819 8,681,649 107,494,630 96,864,303 1,143,445 922,225 11,992,955 726,161 505,159 9,653,521 9,157,147 8,368,433 1,561,393 1,213,293 15,530,207 12,339,235 1,315,455 1,008,646 13,146,112 10,169,486 206. p. January— 1954 : —V. 179, Valley Gas Co. — Bonds Offered—A banking jointly by White, Weld & Co. and Kidder, Peabody & Co., and including Hallgarten & Co.; R. W. " Pressprich & Co. and Shields & Co., on Feb. 11 publicly group headed offered a new issue of $5,500,000 3%% first mortgage bonds, series A, due Feb. 1, 1974. The issue was award¬ ed to the group at competitive sale on Feb. 10 on a bid of 100.928. The bonds were repriced for public offer¬ ing at 101.787, to yield 3.50% to maturity. Other bids 100.099. 100% 1954—12 Mos.—1953 1954—Month—1953 to $3,690,105 $60,670,832 $62,475,908 coupon Brothers redemption if Feb. on moved that reported 9 the to the Feb. and prices principal 1, company, division to the of for executive 111 of Detroit, automobile, avia¬ the equipment Industries. Fry related that Flex-O-Tube supplier of hose assemblies for use in automotive hy¬ steering units. Flex-O-Tube also maintains a Western North Hollywood, Calif.', is centralized in Windsor, Ontario. in and its Canadian manu¬ plus case city of City Bank Farmers Trust Co., trustee, J 179, $1,775,186 $2,000,894 $18,013,507 $19,411,993 205. p. Earnings Securities Corp. Union on Securities Corp. and Equitable Feb. 5 announced that the offering 60,000 shares of $4.36 oversubscribed to See details in V. 179, p. shut Sales Gross from from Net ry, 1953 said. railway $447,167 $518,178 164,572 225,475 89,575 85,496 railway income oper. $380,238 $408,724 106,624 158,172 58,627 22,288 . Gross from from Net Net' ry. railway 5,730,642 5,254,440 1,991,011 2,006,972 875,455 824,580 828,741 Mason month December— from from 1953 railway —Earnings— 1952 $7,419,438 2,721,875 $7,054,923 1,910,254 777,034 1,189,706 1,093,925 1,104,196 2,406,977 From Jan. 1— Gross fram Net from ry. —V. 85,545,555 railway railway 78,828,267 77,582,227 22,691,408 23,799,271 19,671,801 22,359,338 9,484,952 income oper. 179, p. 85,115,225 said, 10,741,081 7,176,448 9,096,750 Net ry. 1953 railway and than standard on result a as and of price commercial reductions Statesman 1 oper. 1952 1951 1950 551,823 4,172,977 4,524,569 8,870,704 799,496 income Net from from cars, 2,119,231 2,609,705 ry. —V. income oper. Jan. 011 Motors 23, 414,225 28,052,419 23,961,994 31,659,212 179, p. 206. March on Hudson Motor 24 Car will Co. 14, $5 approved as now a registration statement with the SEC immediate vote 1954, provides a on under the families Hudson name special will receive no of Nash-Kel¬ vote. American Motors by the directors of the two companies for issuance Motor stockholders will the consolidation.—V. on of shares two of American 179, meet affirmative an on the same vote by two- day to take action 614. p. Nashville, Chattanooga & St. Louis Ry.—Earnings— 1953 from ry. railway railway from 1 1951 1950 $3,690,921 $3,386,222 $3,319,858 667,692 1,348,165 1,085,400 1,193,822 426,956 698,322 1,162,500 747,804 39,945,546 11,278,934 41,228,205 38,475,942 35,^98,615 12,157,770 9,807,793 -.9,979,367 5,837,654 6,153,394 4,550,508 5,157,705 income— oper. 1952 $3,055,507 From Jan. 1— Gross . from Net from Net ry. railway railway income— oper. 179, 107. p. National Cuba Hotel Corp.—Interest.JPayment— The directors debenture 1954. 5 declared represents balance, of of account Feb. on interest interest payment accrued accrued payment of 4.2% a bonds, payable March This 1, /1954 in and and to due due holders of full interest March Sept. Nevada Perlite Co., Inc., Fallon, The corporation 1, on of the 30-year record Feb. arrearages of 1, 1949, plus 1.5% 1949.—V. 178, p. 667. on Feb. filed 1 a Nev.—Files— letter of notification with the SEC covering 1,470 shares of capital stock to be offered at share), without underwriting. The proceeds are to be roads and New plants, and for equipment and working ($100 par used to per build capital. England Gas & Electric Association (& Subs.)— 1953 1952 $37,628,840 $36,047,542 29,416,592 28,722,775 8,212,248 7,324,767 170,517 123,224 revenues Operating expenses Oper. income, before Fed. income taxes Other income $8,382,765 Income of Assocls tion subs., (150,458), and prospectus, Fed. Consol. Fed. inc. the shares may be offered for sale by or more of them, from time to time on at the market price then prevailing, or The company Preferred income .. other income $6,898,415 taxes (no net excess Fed. income 519. taxes— 229,580 $6,668,835 1,124,238 $6,331,538 $5,544,597 — 3,392,056 2,926,424 $2,939,482 profits tax payable) income dividends p. 262,980 1,159,761 deductions before Earnings per common share 179, 549,576 $7,754,279 $7,491,299 less miscellaneous Income— Balance available for common shares —V. taxes— * and Feb. 2, The Lehman Cor¬ offerings or secondary distributions. part of the proceeds.—V. 179, p. 400. before $7,447,991 628,486 Interest and other income deductions Consolidated the selling stockholders, or one through merger the may 23 Approval of the merger plan requires thirds of the stock of each company. Interest on poration (106,480). to volume par Balance covering 257,338 outstanding shares of its $1 par common stock held by Lehman Brothers (400), partners of Lehman Brothers and their earlier in stock General expenses, The company filed announced value capital stock in exchange for three shares of presently outstanding. Nash-Kelvinator stockholders would participate in American Motors on a share for share basis. Monterey Oil Co.—Registers With SEC— 1954, and 6,417,256 238 261,929 248,490,856 239,345,626 220,366,395 44 126,026 56,624,049 46,163.785 59,036.193 railway products compensate for increase an Total railway to Merger— on Only stockholders of record Feb. Operating $18 ,217,933 $21,598,924 $22,264,401 $23,767,802 railway to and Subsidiaries: Missouri Pacific RR.—Earnings— from prices, change-over. 12 Months Ended December 31— from $1.27 earnings volume. Rambler stockholders 206. December— 1952 1950 1951 $7,311,669 1,408,050 Net. ry. oper. income—, model appliance The merger plan, on $6,626,404 railway 1953 $108,634,874 $111,332,809 954,893 5,522,374 smaller are Vote 2.7% Gross for on 19, Missouri-Kansas-Texas RR. 31, amounted aircraft engines were sufficiently ahead of a year wholly offset reduced sales of cars and appliances, Mr. pointed out, however, that profit margins on govern¬ and car 6% 106. 179, P. Oct. ended charges $0.22 To 1,902,712 965,330 income oper. months 12 interest anticipated. 4,724,154 2,164,825 railway 5,523,525 expendi¬ communities He business this —V. From Jan. 1— 13 higher sales of airplane engines therefore failed lower Net 1950 1951 1952 in gas military almost Mason is down of to ago Gross Missouri Illinois RR.—Earnings— construction 1954. per share Net December— the before treasury 614. p. December— 614. for Light .Co., with W. Mason, President, attributed the decline in production of automobiles and appliances, reduced a dividend preferred stock has that subscription books are and income Gas George lower Hudson subscribed—The from Electric England together sales Corp. 1954—6 Mos.—1953 1954—Month—1953 for revenues and New Melrose earnings after taxes vinator Sales 178, Net New York, N. Y. Miller-Wohl Co., Inc.—January Sales Off— downward Nash-Kelvinator Corp.—Sales and Earnings Lower— 613. 179, p. of and financing, supplies natural Boston, Mass. of The at the office 3%s. as range Quarter Ended Dec. 31— Mr. has called for redemption on March 1, next, $425,000 bonds, 3V2% series due 1969 at 104.8%. Payment, in accrued interest to the redemption date, will be made company first mortgage subsidiary the utility Net ment Michigan Consolidated Gas Co.—Partial Redemption— bonds bonds Maiden as from $6,049,000 were $677,625.—V. Flex-O-Tube is assemblies the new to repay outstanding bank notes and which are estimated at $1,300,000 for north according to George A. Fry, President. hose for the a known proceeds BUSINESS—The Chicago Title and Trust Building, operating flexible for during the 12 months beginning Feb. 1, 1954 to 1973. Special call prices are scaled from 101.79% formerly the use 1953, company's from: Halsey, Stuart & Co. Inc., 100.507; and The First Boston Corp., came 100.28 100%. tures Chicago, 111.—New Offices— bid redeemed PROCEEDS—The funds, $8,758,000 $130,911,000 $128,599,000 3%% a Lehman after 1954—12 Mos.—1953 1954—Month—1953 on 100.659; Blair, Rollins & Co. Inc., that each 1953 $10,462,425 $11,301,721 206. p. 105.24% Co.—January Sales Declined— the New York Stock Exchange and Long Beach, and of the Stores, Inc.—January Sales Off— plant 1953—12 Mos.—1952 $ 144,671,313 operating income charges System been power assembly According leading artillery farm members of will be used in actual flight, testing, principal a draulic Net The first manufactures and Gross vately—The company, it was announced on Feb. 11, has placed privately through F. Eberstadt & Co. Inc. $500,000 of promissory notes due Feb. 1, 1959, and $600,000 first mortgage bonds due Feb. 1, 1964. These securities were placed with institutions purchasing them for in¬ 1953—Month—1952 11,322,326 Sales From Jan. 1— I Mastic Tile be will reconnaissance. an as 205. p. Meridan's which Gross Molybdenum Co. will uses offices Net See Climax attendant corporation Net 2,000 shs. Machol, to to applications 179, (par $100) par) to Morris his 87969, patent —V. preferred stock stock function versatility and observation design previously had been located in the Droll Building, 925 W. Jackson Blvd., with Meridan's J. W. Droll Division, which recently was sold to the United Mattress Machinery Co., Quincy, Mass. Net Authorized 10% Common Fifth 25 Y. CAPITALIZATION Air 205. have The —V. BUSINESS—Corporation was incorporated in New York on Nov. 2, 1953, for the purpose of acquiring all of the right, title and interest of Morris R. Machol of, in and to a certain patent application for the manufacture, sale and licensing of a marginal edge index system. The S. 400 stock may be redeemed at $400 per share and accrued PROCEEDS—The its $8,584,000 Net ferred attendant of $3,280,720 closed. speculation" a dividends. expenses U. The XV-1 is the first con¬ principle of pressure jets and the for use W. Washington St., Chicago, 111., of offering is not underwritten. The preferred the Mississippi Power & Light Co.—Stock Offering Over¬ the SEC be Light Co. below.—V. 179, p. 614. EARNINGS—Operating —V. common & 13,049,818 Month of 8 Corp. utilize made Period End. Jan. 31— Machol Edge Index, Inc. (N. Y.)—Stock Offered— The be extensive p. 179, been ' of Feb. convertiplane principle to larger aircraft. designed to carry three passengers, or two litter Mercantile subject Drexel & Co.; Union Securities 179, Power (G. C.) Murphy Co.—January Sales Lower— this on the the standard-gauge $12,530,744; 1,500 ($1 per sharel, without underwriting. The proceeds are retire debt and for working capital.—V. 177, p. 142. par used Feb. on shares 25,000 announced Command of aircraft military States—was —V. certificates 571,841 597,127 revenues 179, Net new than the Co., 2%s. for less of Stuart & & 100,439 395,436 106. p. after Development tactical its will is an 179, This Pressprich Halsey, not cost Issuance Inc.^-V. W. following Interstate Co., R. 99.5099 the the offering & Net joint development of Wright Air Development the U. S. Army Period End. Jan. 31— Lucky Custer Mining Corp., Boise, Ida.—Files— The corporation a Sales— bid of 99.1776. a and bid by cars. of on were: 99.06, Inc., secured ore authorization Corp.; & Co. & be equipment estimated cars the to coupon 179, Federal income taxes— Other operating taxes— will of 2V2% a issue The box on 2,809,579 98,950 493,541 $ —V. areas.- Aircraft Period End. Jan. 31— —V. prices scaled to yield from 1.30% to 2.70%, according to maturity. The group won Other 2,696,811 Period End. Dec. 31— Operating Operating 21," which is also leased by Mc¬ completed, the north wall of Building at award of the certificates Fc-b. 8 2,328,125 362,710 667,661 income—_ Louis, General facture issue aggregating an 2,642,537 railway Pacific two United to Air An McLellan final instalment of offered 41,257 Mystic on ground tion, were the St. of flight test data, and painstaking pre-flight test work.—V. 179, p. 205. equipment trust certificates, maturing annually Aug. 15, 1954 to 1968, inclusive, was made on Feb. 9 by a group headed by Salomon Bros. & Hutzler. The second and certificates 53,421 Mountain States Telephone & Telegraph Co.—Earns.— of aggregated 1953 City Convertiplane—first and Meridan Corp., 31, 41,390 Mountain States Power Co.—Proposed Merger— See building of the world medical to Summer, 1 incurred engaged $5,995,666.—V. to $20,000,000 a approximately 30 feet long, 10 feet high and spans 26 feet in This for the revenues completed Force, Transportation Corps of Aircraft Corp. The Convertiplane's studies offices operating the spotter. application of pay expenditures utility 26,864 63,313 railway oper. 10,000 of loading. studies cipally m the electric and gas business in Louisville and vicinity in Kentucky. The area served has an estimated population of 500,000. an the McDonnell McDonnell prin¬ Total in Research the tank 1955. in city a $255,018 4,770 . Louis St. "Building XV-1 of the U. S. Further par. to used to the also It is estimated involve $16,800,000 operating be and properties. at April on 102.41% will incurred company They par. comprising Besides own. join the The Convertiplane is Leh¬ company, fund ry. 2,500,000 gross square feet This is an area under homes from from Net "Deficit.—V. in $197,256 2,335 income— oper. Net Kidder, 102.022; the the sinking ranging the of 105.47% program and is BUSINESS—Company option from improvements to for the redemption for construction $18,700,000 to the in disc Center Harriman (jointly), 101.947; and The First at ranging for the expenditures company's about Stuart size When Navy. Sales—— beginning additions for & Co., redeemable, call PROCEEDS—Net part of Halsey, (jointly), 102.10; 101.9299. Corp., bonds 102.051; from: came coupon Peabody & Co. and Goldman, Sachs & Co. Ripley won by the bid of 102.102%. was on a the of and permit (Ky.)—Bonds Offered— Kuhn, Loeb & Co. and American Securities Corp. $7,500,(000 (in June. facilities than of completion 161,000 gross square feet, development and testing of various developed vertiplane high 179, out the debentures due Apri$ 1, 1978, are now available for delivery at Chemical Bank & Trust Co., 30 Broad Street, Hew York City, in exchange for outstanding temporary debentures. 3%% Louisville Gas & Electric Co. for feeL square cost a next production addition, hangar removed ever Force, (P.) Lorillard Co.—Definitive Debentures Ready— 25-year be Roll type by Definitive occupied more gross at New Convertiplane Announced— Edgerton, of $2,070,000 is payable over a two of average test the to from will of the Board of Directors, on Feb. 9 this corporation had disposed of its remaining invest¬ that announced total Gross 485,000 Navy Scheduled purchase of the main major facilities in¬ a propulsion laboratory used for types of jet propulsion units, and a 230-mile-per-hour low speed wind tunnel in which basic aerodynamic characteristics of aircraft may be determined. The new structure is designated "Building 27" but is actually an flight a Donnell Payne, S. 1950 $195,384 *18,952 From Jan. 1— by the aircraft manufacturer. 2,500 1 Liberty Products Corp.—Sells Trailer Interest— H. partially corporation has, in expansion program of its portion of the plant from addition ■ Oliver be The clude: Stores Corp.—January Lerner to of U. 1951 $167,652 population! 1953 1954 Month of JanuarySales roof Field the by corporation. McDonnell a owned and leased (S. S.) this to it 1954, will area Lambert at constructed leased ry. 1 1952 railway railway from 9 1953 from Net building new This 205. p. 205. p. RR.—Earnings— December— Gross Net will $2,115,000 Montour 1953 $6,219,368 McDonnell Aircraft Corp.—To Increase Facilities— which 1953 1954 1954 $5,013,258 Sales A Kinney Co., Inc.—January Sales Off— (G. R.) Month of January— (717) $2,618,173 203,518 276,687 $2,735,964 $2,341,488 $1.36 $1.27 10 The Commercial und Financial Chronicle (718) 1951 1952 1953 $1,014,000 602,192 ry. Net 272,615 812,518 193,196 from railway— railway _ income- oper. $1,565,179 1,104,407 298,569 Prom Jan. 1— Net from Net ry. —V. 6,715,622 13,295,967 6,398,829 2 544.360 railway 1,300,989 2,113,309 2,508,032 income. oper, 179, 12,620,903 5,842,839 12,623,863 13 railway— from Cross 629,742 6.392,365 401. p. Nov. 1, 1977. may now bonds at Guaranty Trust Co. for oucstanding temporary 177, p. 143. exchanged New consideration As from Net railway from Net income oper. ry. 1950 1952 $467,224 *'196,509 *294,355 railway 1951 $563,688 25,412 $823,952 95,725 168,020 474,620 Prom Jan. 1— Cross 8,805;447 2,621,374 8,414,710 1,791,885 from Net ry. income— 956,132 2,893,774 1,273,004 2,376,787 oper. "Deficit.—V. 179, 2,991,149 206. p. ■■ , RR.—Robert Central York New Turned Young's Request R. regular their at the to Chief and monthly made request meeting Robert by on Young, R. Officer. Executive unanimously decided that it would be inimical to the best company to grant Mr. Young's request. company contracted some 18 months ago with William White its President and Chief Executive Officer and the board is not The board the interest of The to be willing that Mr. White relinquish his position as Chief Executive Offi¬ cer, nor that the responsibility of management be divided. The board expressed its confidence in Mr. White and his administration and believes it to be in the best interest of the New York Central property its and to the and further no Edison liability be all company of initially outstanding; purchase from the Gas will that stockholders the has in¬ and policies which he programs construction The designation New York 179, 614. p. the by of pursuant Edison designation, of Although all from ry. $488,091 96,419 264,979 I 1 Net ry. 161,322 57,873 PROCEEDS—No 213,384 750,973 nection 3,966,816 3,112,554 1,533,471 1,591,787 1,517,225 1,265,514 632,589 742,071 667,444 above December— from from Net ry. 1953 railway $510,901 railway—— $541,494 $542,595 2,570 income oper. 1950 $532,372 Gross Net Net from from ry. 38.211 48,527 "51,974 41,830 "63,367 "104,358 railway "28,056 7,063.333 7,046,760 7,258,528 7,101.329 585,091 775,676 772,155 794.333 income— oper. 179, from Net ry. "432,92G "761,942 "455,327 206. p. 1953 1952 1951 $517,636 $433,902 $424,942 104,843 156,890 73,867 27,069 87,930 21,026 2,857 Net from Net from ry. —V. 5,415,831 1,361,833 1,339,183 542,700 492,472 494,428 ' 596,985 Norfolk Gross from Net ry. From Jan. Gross from Net from Net ry. 279, p. 150,000 McMa.ster Hutchinson Western & Period End. Ry.—Earnings Net Net —V. oper. oper. expenses. from rev. ry. 179, p. ry. a $ 195,650,566 11,510,032 136,449,628 138,580,357 4,610,537 2,709,264 1,868,455 57,070,209 28,547,397 American formal Aviation, Aiplines, injuriction Inc., issued inc.—Awarded Decisionwas ordered Feb. on 4 to by U. change S its District name Court Judge Peirson M. Hall in favor • of North Amercan Aviation, Inc., de¬ signer and builder of the famed F-86 Sabre and new F-100 Super Sabre. •The panies any mail and restrains individuals the non-scheduled carrier and affiliated com¬ from using the name "North American" in phase of the aviation industry, including transportaton of persons, or property and advertising and offering for sale of airline tickets. The Nuv. decree injunction 17, company law and suit, first filed On Jan. 8, 1954, 1953. from the bench and on Aug. Judge 28, Hall 1951, ruled went for ordered proposed findings formal order which to the of trial and judgment prepared for a was entered February 4. The defendant companies and Individuals restrained by the decree Ate North American Airlines, Inc. (orignally called Twentieth Century Arlines, Inc.), North American Aircoach Systems, Inc. (also known as North American Airlines Agency Corp. and North America Airlines Agency Corp.), James Fischgrund, Jack B. Lewin and Stanley D. Weiss. —V. 179; p. 206. North Shore Music Theater, Inc., Boston, Mass.—Files With Securities and Exchange Commission-^ The corporation on Feb. 3 filed a letter of notification with -the SEC notes due Feb. 1, 1974 and 2,000 shares of -common stock (par $10) to toe offered in units 4>f $400 -of motes and M shares of stock at $500 per unit, through H. G. Wainwright 6c Co., Roston, Mass. The net proceeds are to be used to pay for actors' equity Tully & Co._ 100,000 Wells 6c Co.- Cook & Co.— Noyes Inc. Newbold's Son H. f 100,000 I 900,000 & 100,000 Co.— Curtis redeemed Copeland- Patterson, Clarke, Inc.— transfer based 450,000 L. Dick & greater estimated is supplied Rogers & Tracy, Inc.— L. F. Rothschild & Co._ 250,000 Salomon Bros. & Hutzler 450,000 450,000 150,000 900.000 150,000 — Stringfellow Shearson, Hammill & Co. —: & Shields Co 150,000 Inc. Singer, Deane & Scribner Smith, Barney & Co Smith, Moore & Co.— 100,000 900,000 150,000 150,000 Carter Starkweather Stein Bros. 6c Boyce Harrison H. Co. & 100,000 - & Weelcs— Howard, Weil, Labouisse, Friedrlchs 6c Co.—— Co ties Corpi Straus, Blosser & Swiss Corp.— 100,000 Trask Sc Co.— Tucker, Anthony & Co. Underwood, Neuhaus & 450,000 100,000 . Sutro 6c bond, royalties, land, construction of theater and related Kidder, Peabody Sc Co.-Kirkpatrick-Pefctis Co.— Kuhn, Loeb & Co.—_—1,275,000 Laird, Bissell Sc Meeds100,000 capitalized be at $10 numbers of premises (about Aurora, 111. Principal execu¬ Aurora, 111., and principal Eastern Ave., Bellwood, 111. Fox 615 at and Lockport. St., operates It has gallons 3,500,000 also company with tions througnout its service area. It appliances. Heating service, by hot limited to 50 owns and and of two in production at these gas stations stations storage oil, gas about days' 20 supply at and owns operates 49 installa¬ storage gas capacity of 223,270,000 cubic feet or about These include 10 high-pressure underground storage installations with a total capacity of 184,700,000 cubic feet or about 1,847,000 therms. In addition, it has 2,575,000 gallons or about aggregate an 2,387r000 therms of liquefied petroleum (piopane or butane) gas storage capacity, and has facilities for producing propane or butane gas which have an aggregate peak day production capacity of 1,132,800 The Gas company's the of also and connecting pipe See steel of distribution investment gross miles in the Commonwealth property, mains mains Edison which system, gas iron cast about and above about represents includes customer's to Co. and excess in 4,800 of miles of premises. V. 179, 519. p. Northern Pacific Ry.—Earnings— December— from Gross from Net ry. 1952 1953 $15,951,301 $15,977,480 $16,709,942 2,755,915 3,023,654 4,979;388 6,822,138 771,285 771,002 2,201,035 2,864,335 income—- oper. 1950 1951 $14,546,251 railway— railway From Jan. 1— from railway— 181,174 912 177,868,524 173,747,860 167.228,070 railway 34,340,976 34,619,328 36,604,854 45,382,879 14,867,078 income— oper. 179, 15,424,532 16,331,460 ' ' 22,689,706 8. p. Northwestern Pacific RR.—Earnings- from Gross Net from Net ry. 1953 1952 1951 1950 $909,199 $927,589 $810,425 $815,706 108,674 "80,051 19.224 ."41,835 "34,962 "231,666 86,280 "96,227 13,040,686 13,253,372 11,591,376 10,358,390 3,326,530 2,974,276 2,307,613 2,199,260 668,813 13,762 456,720 503,305 railway railway income oper. From Jan. 1— from railway railway. income.— oper. "Deficit.—V. 1 179, p. 8. Ohio The bids Power Co.—Plans plans company to New Financing— receive to up 11 for the purchase 1984 and 50,000 shares of cumulative net The proceeds it from be to are program.—V. of used 179, p. a.m. $20,000,000 to (EST) first on preferred stock pay April ] bone mortgage (par $100) off bank loans and finan< 8. American Co. G, H. — White, Gross Net ry. railway railway from 100,000 375,000 1950 1951 $80,819 $97,770 2,912 18,654 15,705 99,287 "12,550 2,083 30,857 1,081,258 1,123,908 1,188,906 974,080 465,371 457,139 513,900 372,055 259,111 89,632 171,218 59,454 " $95,335 72,248 From Jan. 1— Gross from Net from Net ry. railway— railway income oper. "Deficit.—V. 179, 107. p. Pabco Products Inc. Period End. Dec. 31— Net Subs.)—Earnings Higher- (& 1953—3 Mos.—1952 sales $7,232,735 Profit bef. Fed. inc. taxes 618,986 155,000 Federal income taxes Net profit "Earns, per "After 1953—6 Mos.—1952 $9,234,123 $15,849,489 $18,993,666 214,420 1,629,542 683,293 Cr2,945 558,000 128,700 $463,936 NOTE—The results owned.—V. Securities Corp. 900,000 Walker Co $217,365 $1,071,542 $554,593 $0.29 $0.13 $0.68 $0.34 share com. deducting preferred stock dividend requirements. Fibreboard Products, above include only the dividends Inc., in which exactly 50 Tc received from of the voting stock is 450,000 & Lerchen & Co. Co & —' 150,000 600,000 Weld & Co Sc Co 900,000 178, p. 1820. Pacific Gas & Electric Co.—Bids Feb. 16— 900,000 Witter Harold E. Wood Sc Co.— 100,000 Wpodard-Elwood Co. 100,000 Struthers Sc Co. Co., Inc. The company, 375,000 Wood, 1952 $79,668 - income oper. Ry.—Earnings— 1953 from 100.000 — •Wertheim Dean Oklahoma City-Ada-Atoka 250,000 T. Spencer Union , 150,000 Inc Co., Co & Watling, 100,000 100,000 900,000 100,000 900,000 McDowell Stroud 450,000 600,000 — Lemon Sc Co. 100,000 150,000 Stone 6c Webster Securi¬ 100,000 150,000 Indianapolis Bond ScShare Corp.— Co.— Leach 1 Co 150,000 - Hurd, Clegg 6c Co E. F. Hutton 6c Co W. E. Hutton 6c Co Illinois & & Agee & 100,000 600,000 Hentz 8c Co Henry Herrman & Co.— J. J. B. Hilliard Sc Son be amount 100,000 150,000 100,000 375,000 600,000 100,000 100,000 Miller & Co— Hayden, Stone Sc Go.— Hemphill, Noyes & Co._ Hayden, Hornblower Sterne, Stix Co & Brothers Stern 1,275,000 an production. Gas Net Sills, Fairman & Harris, 100,000 - 375,000 450,000 - 450,000 6c Co.*Harriman Ripley & Co., will gas at December— William R. Staats & Co. Co. Skokie construction 100,000 150,000 Reid & Co Goldman, Sachs 6c Co._ Goodbody & Co Granbery, Marache & Inc. 375,000 250,000 Chas. W. Scranton Sc Co. 150,000 100,000 Hallgarten which in 100,000 Scott & Fulton, result be amount Oak Park and of headquarters at |The of located company approximately cue — 100,000 375,000 250,000 100,000 100,000 Horner & Mason, Scott, 450,000 Co.- Co.—_ & 100,000 250,000 Hutton 6c Inc 1— Pomeroy, Schwabacher Fahey, Clark & Co Farwell, Chapman 6c Co. First of Michigan Corp. First Securities Co. of The Linn Schoellkopf, Inc. H. Lukens__ 450,000 100,000 will by an equal to will company 1953, 100,000 — Rodman Co.---—-<r This 31, as company sale parts are Gas 250,000 Robinson-Humphrey Robinson Emanuel, Deetjen 6c Co. Equitable Securities Corp. —— 6c The located Riter & Co 900,000 100,000 July assets net Edison the at of and Co. sheet in provided is in total) The 250,000 The above. by Edison balance company Gas the in offices from Co.- Estabrook in ry. 375,000 Dillon Sc consummation upon forma pro than equity located the by steam, or Net and converted shares reserved convertible preferred company its shown as stock Gas areas engages Gross — 6c T ' 1,000,000 from Commonwealth company distribution production, Net Inc Inc. to principal Shares issued. be may in $5,000,000. common adjacent 100,000 Co., subject aggregate is engaged primarily in the pur¬ sale of gas in 232 communities Cook County outside the City ofChicago, and in 16 other counties in northern Illinois. At Dec. 31, 1963, it had approximately 450,000 customers. Straight natural gas of approximately 1,000 British thermal units (Btu) per cubic foot and 375,600 Co., be Gas BUSINESS—The chase, Reinholdt 6c Gardner— 100,000 Co. Indenture, to as share. per 375,000 Co 6c 375,000 150,000 & & Elworthy & Co & Dominick— & O'Connor the limit includes Gas forth December— 150,000 Raffensperger, Hughes Dillon, Read & Co. Inc. 1,275,000 Dominick Pressprich & Co. W. the the of properties time of transfer about additional of 150,000 & Co M'erle-Smith— series reissued, set will 1953, to at from 100,000 - Putnam 100,000 Day & Inc. R. 100,000 Co be assets the at ry. 100,000 250,000 Co.— 6c 31, transferred Net i 100,000 Co 6c House Dain M. J. under specified 600,000 I 100,000 Co issuable be this of not utility gas net July of Net Prescott, Shepard 6c Co., 375,000 6c of on Gjtoss & Hopwood 150,000 Inc Burr, shares may NOTE—Capitalization —V. Kendall, Inc Piper, Jaffray 6c 6c will without 115,500,000 shs. „ 1979, will be issuable in addition amount thereof to be. initially issued.. 1, upon conversion of shares of the 5'/<. fiTo be increased as stated below (see "Note"). stock. 100,000 — 250,000 W. thereof, ^Additional or 100,000 Co.— Jackson Webber, 600,000 Co £100,000 shs. §12,500,000 shs. due Jan. ■■■■•' 150,000 6c Clark & stock 250,000 Co._ Co.— Northwest Paine, Republic Co. W. share com. principal series other Net 100,000 O'Gara Ohio Pacific & 6c - A. Alfred The (Inc.) E. of the series * 1 amount. service 1,275,000 450,000 250,000 Co. 150,000 of 1957— par value) 100,000 Moseley & Co.— S. David 100,000 Outstanding $60,000,000 & Newhard, Co. 10 $60,000,000 of terms 6,000 375,000 W. Johnston, the the 100,000 Co._x Mullaney, covering $80,000 of -ST* expenses. to 900,000 Co.- 6c Milwaukee Clark, Dodge Sc Co on aircraft fact ($5 75'/ Beane Turben Chicago First Southwest Co Foster & Marshall—— 53,110,640 27,727,474 206. North American North under $ 16.120,569 189,560,268 3,164,843 op. income oper. 1953—12 Mos.—1952 1953—12 Mos $ 14,499,037 11,334,194 revenue.. & Morgan Stanley 6c Co.— Co., F. Cassell 6c Co., Eastman, -1952 1953—Month—1952 Dec., 31— $ Railway Railway 100,000 Pierce, Lynch, <— F. Pick- FINANCING therms. 6c — Fenner 100,000 Francis I. du Punt Sc Co. Norfolk Co. 600,000 & Drexel 107. 100,000 Co.: & 100,000 6c Doyle, "Deficit.—V. 100,000 Co McDonald 100,000 6c Inc.__ Byllesby M. C. 375,000 — Inc 375,000 Merrill (Inc.)——— Curtiss, 686,848 — Sc Masten 100,000 Slocumb Corbett Crjuttenden 1,619,717 ... E. 150,000 — "40,050 2,798,883 852,746 Co. Co 900,000 PRESENT TO due 2,232,700 therms. 100,000 Co Inc Co., "281,450 620,566 100,000 Sc McCormick & Inc.- and Boettcher $946,025 2,331,757 100,000 Co. & Marks M. A. Bosworth, Sullivan & 80,024 894,295 Co.——— Moore, Leonard Lynch 196,623 2,566,574 Lundborg M'itchum, $1,017,433 income— & Irving 375,000 R. railway oper. slock maximum 250,000 600,000 "213,874 9,573,562 Rhoades Loeb, Co & Simmons- "122,441 11,612,722 900,000 William Blair & Co.— $996,309 11,698,783 Brothers—.— M. 600,000 The H. $450,000 Corp.— 250,000 Courts 11,127,486 Larigley & Co Higginson Blair, Rollins 6c Co. Inc. 82,721 railway C. Mason-Hagan, Crowell, Weedon & Co.- 1— W. Merrill, Ellis & stock—each 31, tive 900,000 Blunt EFFECT series 250,000 shs. shares into Jan. Bonds 850 6c Co.—_ 92,104 income.. the properties severally below 600,000 — ZVz'/v —- pid. conv. "No bonds „ agreed named Laurance Kraus— North 6c 6c Becker G. $914,804 railway.... railway oper. for and electric 375,000 1952 1950 the series after also 150,000 Burge in conv. the following respective principal 150,000 1953 1951 bonds the Loewi 250,000 Julien Collins Sc Co Southern Ry.—Earnings from Net company Co., 6c Co 6c Coffin December— Edison the of Carl Inc. John 205. p. 5V' under¬ bearing bonds, for issuance 4,000,000 900,000 Inc. 5,110,476 1,427,736 income... oper. 179, 5,692,595 1,499,440 the by bonds, be Lehman Bacon, Whipple & Co.— Robert W. Baird 6c Co., ard, 5,871,462 delivered will 4,000,000 : Enrerich Central railway railway— able operational 6c Co Forgan Corp. 80.880 income mtge. 1, 1979 Pid. stock, cumul. $100 par value, issu¬ be bonds Lee —— GIVING Authorized company bonds: —— Ames, 1950 $463,535 the underwriters & Co. Stuart Burns, From Jan. 1— Gross the of amounts Brush, railway will offering sale purchase from the Edison 518,245 Susquehanna & Western RR.—Earnings- railway oper. and Alex. Brown & Sons December— from issue Inc. New York, Net Edison .. Blyth & Co., railway "Deficit.—V. Gross the of UNDERWRITERS—The to A. From Jan. 1— CAPITALIZATION Jan. after Dec. 31, 1953, to company and its subsidiaries. Edison Barrett, Fitch, Co. — 1951 1952 The nature and timing of such additional financing as may be required by the Gas company will be determined in the light of future developments and market conditions. water Ball, Ry.—Earnings leaving about $20,000,000 to $25,000,000 of new capital provided through the sale of additional securities, some of which be purchased by the Edison company. company, be company assume the Gas company. Baker, Watts & Co New York Ontario & Western to "First additions gross the 727,704 206. Gas may by part the with of cost of 125,243 4,084,265 income oper. Net Edison the proceeds from the sale to the under¬ writers of the $60,000,800 principal amount of Edison bonds will be received by or made available to the Gas company. The entire pur¬ chase price of the Edison bonds, to be deposited by the underwriters directly with the corporate trustee under the Edison company's existing mortgage, will constitute a part of the basis for the release of the gas and heating properties from the lien of such mortgage. The amount so deposited will be withdrawn from time to time by the Edison company (on the basis of net property additions, as defined in such mortgage) to reimburse it for its expenses in con¬ Bache railway railway 179, p. Gross will stock of the Gas company is / to be initially the Edison company, it n expected that ulti¬ mately some plan will be worked out for the complete separation of the Gas company's stock ownership. One plan currently under consideration contemplates the distribution of the stock, over a period cf years, to the holders of the Edison company's common stock. $304,705 885,669 1— from from $1,031,856 4,105,908 income—. oper. From Jan. —V. 1953 $320,733 railway railway.: Net the (2) the of held and to C. Allyn 6c Co., Inc._ American Securities 1950 1951 and certain bonds accordingly, the to A. 1952 . 1956—$15,000,000. It is estimated that about $25,000,000 required funds will be provided from depreciation accruals undistributed earnings and irom initial cash resources of the the of Common the Gas company; issued Glore, Connecting RR.- -Earnings— December— Net and changed to "Northern Illinois Gas Co. First mortgage bonds, V/st% series due Jan. 1, 1979," and bonds bearing the new designation will be executed by the Gas company in replacement of, and will be deliverable to the underwriters by tne indenture trustee upon surrender of, their Edison bonds assumed Inc. Gross gas adopt funds. The First Boston Corp.-$4,000,000 from will (1) $17,000,000. (3) will issue and deliver common stock of the Gas company the Halsey, permitted undesirable.—V. Net bonds contemporaneously nition be these programs and fit of the property. Gross the of company company thereunder, 16 continue. The board considers that policies are progressing satisfactorily to the bene¬ The board further took note of the adverse effect that would result upon morale of employes and officers of Central's vast system, should the suggested change of management take place. The board Is generally favorable to the policy which it has hereto¬ fore followed of recognizing large holdings of this company's stock by inviting duly qualified owners or representatives of such owners to become directors. Bpt the terms and circumstances of the present request, in the unanimous opinion of the board, make any such recog¬ should stituted Gas Gas CONSTRUCTION PROGRAM—It is expected that the construction of the Gas company for the period Feb- 1, 1954, Dec. 31, 1956, will require grosis property additions, principally gas distribution facilities, aggregating about $48,500,000 and that such additions, by years, will be approximately as follows: 1954—$16,500,000, 1955—. company 100,000 shares of its 51c con¬ vertible preferred stock, par value $100 per share, for a total of $10,000,000 in order to provide the Ga3 company with working capital new Feb. 10, gave Chairman of Alleghany Corp., on behalf of himself and Allan P. Kirby, President of Alleghany Corp., that they be made members of Central's board of directors and to Mr. Young's insistence that he must become its Chair¬ consideration man Indenture Edison writers by Board— Down directors The the to the 8,381,659 railway.—— 7,645,051 868,313 transfer company liabilities of the Edison company, and the and railway-..- from Net the have to $824,854 223,238 277,300 1953 December— Gross Edison Monday, February-15,1954- . program own the indenture securing the Edison bonds and will assume bonds, whereupon the Gas company will become the sole obligor other Ry.—Earnings- Texas & Mexico the for the of . Its as such will New Orleans, Mention $60,000,000 Commonwealth Edison Co. gas divisional bonds, due Jan. 1, 1979, which bonds will become first mortgage 3^2% bonds, due Jan. 1, 1979, of Northern Illinois Gas Co. These bonds were offered at 102% and accrued interest by a group of underwriters headed by The First Boston Corp.; Halsey, Stuart & Co. Inc. and Glore, Forgan & Co, Further details follow; under York.—V. — lien properties 3bonds due mortgage first Definitive be of Bond Offering — issue of Feb. 1 of the offering and sale our of 4 Co.—Definitive Bonds— Orleans Terminal New made in was 1950 . $1,238,959 773,473 361,483 $1,260,671 from Cross Net Illinois Gas Co. Northern RR.—Earnings- New Orleans & Northeastern December— . F. S. Yantis & Sc 250,000 will up from due to 8:30 it Dec. of 1, at its office, 245 Market St., San Francisco 6, a.m. tPST) $60,000,000 first on Feb. and 1984.—V. 179, p. 615. 16 receive bids for Calif,, the purchase refunding mortgage bonds, series W, Volume 179 Number 5299 . . The Commercial and Financial Chronicle . Pacific Power & Light Co.—Proposed Merger— The stockholders this company will provide will the for change March vote Mountain of States issuance of 10 Mountain of for each preferred share $100 12 approving on Power Co. The Pacific nine a Pittsburgh & Lake Erie RR.—Earnings— with merger merger agreement shares in ex¬ common preferred shares of $50 par value. COMPARATIVE Operating STATEMENT 1953 and expenses 1952 operating Other income 179, : from $5,209,309 Net from 80,953 Net ry. — 2,784,872 1,760,319 ry. 38,092,890 37,257,385 debt 1951 1950 $666,816 $715,501 118,960 $698,620 104,191 99,915 61,921 120,111 201,511 96,033 549,818 income— income Gross and Provision from $5,931,130 other deductions deferred for of net income Balance Preferred taxes dividend 876,560 from Gross 504,171 : from ry. —V. $4,249,066 : Net Net resulting amortization-. accelerated $5,290,262 1,177,893 1 (net) income 450,180 , —V. 179, . The Transport Co.—To Merge & to American is be asked to of are of Blaustein Co., since of stein 1.933 Pan the the of long be American'. If ■would become stock 18 in turn, —V. p. Pan This about This flown and Penn The dent. In the Feb, of is that by This Standard. it Net gain income of to payments Total Co.—New Insurance net During stock of Up from ry. interest of top the end in with earned raised 1952 over the by company 3.29%, was the This company's set $13,700,000 its on cbmpares aside net 1954 for operating dividend . made during in was loans.—V. . amounted 1953 $76,000,000 mortgage 176, to corporate securities Gross from ry. railway 1950 $809,281 $759,607 $788,711 *170,169 *240,850 of Directors owned 179, *461,389 *520,071 10,149,244 10 535 380 9,366,762 *1.126,193 *952,944 *1,855,440 *4,663,432 *4,1(16,957 *3,778,268 *4,516,583 207. p. and has President which outside of is North Unit been to Pepsi-Cola being This Mr. director and member of Co., the parent organization. M. Henry Winter commercial of has been operations Furlow L. of also the Pepsi-Cola serves Executive wholly- new all Board Senior as Committee serve with for from p. to be Pepsi-Cola Vice-President International; in for Fifteen new bottling plants were Walter opened M. overseas and 17 plants are scheduled to commence operations this year. He declared that "While sales of Pepsi-Cola outside the United States shown have of an increase for 100%' than more above 1950. throughout expansion Pepsi-Cola consecutive We will the free the 179, first the step in 1953 our sales were 402. p. Permatex Co., Inc.—To As years, vigorously continue this program world." outside operations bottlers.—V. franchised 14 United are carried by on Build New Factory— planned its States $750,000 1954 expansion program, this company, cals producers of sealing compounds and maintenance chemi¬ transportation and other industries, will construct a $500,000 for plant in Kansas City, Benoit, Jr., President: for Contract design Constructors Kidde located on Fairfax Construction is hoped and of Net1 from ry. announced construction Feb. on 10 by C. A, has been awarded to and Houston. The plant is to be purchased by Permatex in the expanding Kansas City. in area of the new the plant plant wi 1 ready get for under operation way by in February. August.—V. It Park, Pa., from Net from Net ry. 1952 1951 1950 $137,185 $181,233 $174,470 $204,867 1,773 *10,468 92,167 48,925 56,937 income railway railway oper. 25,121 122,376 *6,256 2.432,055 ,— income... ♦Deficit.—V. Operating Other 179, p. 9. 2,238,069 2,365,564 estimated an southwestern be population Oklahoma. Among the 179, . , the largest in the 615. p. 31— 1953 1952 $ 230,267,295 213,923,175 and taxes 194,714,924 180,631,027 income 35,552,371 33,292,148 ; income Gross 333,853 557,850 35,886,224 income Income deductions Net 33,849,998 10,323,417 10,320,415 25,562,807 income , Preferred stock 23,529,583 dividends,——; dividend preference 2,195,098 stock com. dividends—— dividends 2,195,116' 6,667,240 6 743,669 13,417,885 : 11.55C 112 « ♦Earnings per dividend ♦Based share on labor costs and capital the on was said; 26 in Dec. 31, the $2.02 Dec. 31— preference stock-— 4,672,808 of number average shares 4,808,154 9,263,232 common 7,580,769 outstanding.—V. 178, 1670. p. contractual Important overhaul of Air agreements Thunderjet Republic Netherlands have Force to the implement fighter-bombers been signed by flown Republic repair and the Royal Aviation Inter- by , national, S. A., and the Dutch firm, Industriemaatschappij Avio-Diepen '< V., according to a joint announcement made on Feb. 8. N. Mundy Chairman Peale, I. ternational the of Board of Republic Aviation In¬ President and Farmingdale, L. I., step towards what of its parent, Republic Aviation Corp., of York, described the agreement as "the first hoped will result in other contracts in appro¬ New is geographical areas under which member nations of the North Treaty Organization will undertake repair and overhauling of the Thunderjet fighters supplied in very large numbers to their, air forces over the past 2% years." It is expected that similar work will also be performed on newRepublic swept-wing F-84F Thunderstreaks which are scheduled for ' large-scale delivery to the Netherlands and other NATO countries be¬ ginning later this year. be abovementioned in influenced the will RAI —V. available The 178, way for Avio-Diepen. to $2,634,519 Both 1953. sales on sales of $64,448,725 and * , . This compares with . . call them for to license No does fabricate to obtained from be and manufacture for expect not existing is parts, sources. 2576. p. 31,'53 $7,649,478 expenses June 30,'53 *Dec. 31/52* June 30/52 $7,924,036 $7,314,160 $7,037,545 4,010,620 4,175,706 3,621,282 develop.— 870,686 -1,704,442 618,553 operations Non-operating income— $2,768,172 $2,043,888 Cr6,223 Lease and rentals productive Inc. and 2309. Earns, Cr.992 96,639 expense inc. before Inc. share $2,544,693 <Crl4,302 Crl0,872 88,831 87,279 •/ 870,974' $3,074,325" taxes 92,497, , . $1.79 .— $2,996,366 $2.05 $1,962,832 $1.32 $2,672,525 credit- special per 3,621.873 non¬ from Interest p. Dec. revenues- Operating Co.—Earning?— Gas Natural Operating . profit of $1,522,664, or a firm Netherlands plans not ancl was announced recently. its assistance and for the personnel which reimbursed be made present as contract, signed in December, 1953, will by the merger of Fokker-Amsterdam any organization Diepen prices." sales lower to which contract wage generally compared as the common stock in 1952. on $L99 Republic Aviation Corp.—NATO Plane Repair Pact— involved. earnings under to profits, of reports 3,035,686- 7,221,945' 1 — stock Common The mine, Jan. on reduction 1952 1, of common shares common Shares outstanding $1.40 3,282,584 8,386,178 — Average number 1952. producers of stainless and alloy steel wire.—V. 173, Electric Potomac Power Co.—Earnings, ♦Revised additions to and property for plant the Etc.— amounted 1953 year consisting of $11,187,000 of generating facilities of transmission, distribution and other construction. $24,501,000, (he January, authorized directors $1,467,000, to $2,466,503 $1.69 including additional $1,179,000 construction and the and 2,546,156 405,635 380,646 ' 524,829 660,556 711,295 601,092 543,451 380,127 permit intangible basis. statutory projects transmission for comparisons. NOTE—No provision is indicated for Federal and State taxes on income. The company claims as a deduction for income tax purposes to tions June on tax 1954.—V. 30, wells and computes depletion on a impractical to estimate these deduc¬ before the close of the fiscal year costs of drilling It is considered income the and accurate more expense 857. 178, p. distribution facilities and $280,000 for customer extensions and services. Total operating for revenues 1953 to1 $43,835,000—an in¬ amounted $1,933,200 or 4.0% over 1952. operating costs amounted to $40,383,700—an increase of $1,668,700 or 4.3% After year-end Sliding Scale adjustment of $75 800, interest and other deductions of $3,222,600, net income for 1953 was $6,304,500 (including approximately $950,000 realized from the April, 1951, Rheem Manufacturing of crease . Columbia of of $138,500 the $1.15 to periods include and Columbia presently increase, being litigated) or an 1952. over earnings share per $1.12 with for of stock common Earnings 1952. share per amounted for both the basis of the 5,117,040 shares now outstanding, amounts attributable to the litigated 1951 District of slated are rate 1' 53. year compared on increase.—V. rate 179, p. 108. net had with Rheem, holders, providing common stock for this corporation earnings of for the fiscal year ended Sept. 1953 amounted to $80,577, cr 64 cents per share on 110,000 shares outstanding after payment of four quarterly dividends 30, of common stock President, announced. preferred stock, Roger Briggs, on for Sales the nine months 31% of increase an over of the Jan. same 1, 1953 to Sept. 30, 1953 showed period in the previous year, Mr. offer shareholders The directors was granting stock set at share U. of of Bureau stockholders stock will shares 44/100ths of S. common of U. S. of U. Rheem of stock. is, contemplated It will S. not be exchange will be that the Revenue Internal called be stockholders the to that the tax free to U. S. preferred redemption. for Sr., President of U. S., stated: "It is my belief that the exchange will be advantageous to our stockholders. Our family group, which owns approximately 70% of the common stock, has al¬ John ready B. agreed that at Rauen, the proposed offer when accept to time we recommend will acceptance made by Rheem and all other common to stockholders." Briggs said. common exchrange the for each made until after a permit has been obtained from the Commissioner of Corpora¬ tions of California, fo'lowing a public hearing upon the fairness of the proposed exchange. All shareholders of U. S. will be notified of the hearing before the Commissioner of Corporations. The exchange offer, when made, wi 1 be contingent upon acceptance by the holders of 85% of U. S. common stock and upon U. S. obtaining a ruling from Rheem's the O.—Earnings, Etc.— Co.—Proposed Acquisition— President, on Feb. 4, announced that this company entered into a plan of reorganization and exchange agreement the United States Spring & Bumper Co. and its majority .stgckH. R. the The $8 ratified have five-year a a previous option on action or the of board management group. The purchase market price on the date of which the option is Rheem Mr. of shares of unissued price of stock 10,000 the to granted, whichever is greater. The company's expansion program of additional equipment and the relocation of deportments is Spring tained. reason plant now facilities and complete, Mr. the offer for Rheem Manufacturing Co. the around is to subsidiary, of present of our company." tion of products reported. The program included the purchase of an adjacent building, new machines, and remodeling. At.this time the benefits of the expansion program are beginning to be realized, Mr. Briggs said, and will be more realistically reflected in the coming year's operations with the production of new products. Because of the intensified program of new application and new S. with Mr. Rauen management re¬ further broaden the diversifica¬ operated as a and the balance be will President as The "If this exchange of stock is consummated, U. stated, Bumper & continuing world.—V. currently operates 26 manufacturing plants 178, p. 2576, Briggs development, product or advance even in predicted, it is expected that present sa'es levels will hold Richmond, Fredericksburg & Briggs said.—V. 178, p. 668. from Net from Net ry. Ready— Boston, series Mass., G, 4% are prepared due Sept. bonds.—V. 178, Service to deliver 1983 1, p. York, N. Y., from from Net ry. and Old Colony, Trust, Co., definitive first in exchange for mortgage Co. of Offered—A headed by Halsey, Stuart & Co. 98.359%. Other and bids Union submitted Securities for Corp. a 3% coupon were; Kuhn Loeb 1,65/123 1.638/05 331,327 income railway-^— 1,026,625 629,142 606,629 27,496,777 28,152,571 10.056,734 3,933,769 27,669,138 10 226.201 3,317,262 23,991,601 8,943,393 3,584.427 8,753,026 railway oper. 179, p. income— 3,174,055 108. RKO Pictures Corp.—Hughes & Co. (Jointly^ 98.115; Blyth & Co., Inc., 97.93; Seeks All Stock- Feb. 7 made an offer of $23,489,478 in cash to this corporation which, if accepted, will pay every stockholder except Hughes $6 a share for his stock, more than twice what the stock sold for on the New York Stock Exchange on Feb. 5 (when .it closed Howard Oklahoma^—Bonds $2,601,891 917 489 bonds, the outstanding tem¬ I960. Inc. on Feb. 10 offered $12,500,000 of firrt mortgage bonds, series E, 3%, due Feb. 1, 1984 at 99.021% and accrued interest. This offering was oversubscribed and the books closed The group was awarded the bonds on Feb. 8 on its bid of group $3,025,223 737,014 railway ( —V. New $2,379,705 From Jan. 1:— Gross Net Bankers Trust Co., 1950 1951 $2,275,769 railway oper. Potomac RR.—Earnings 1952 1953 December— Gross the face of automotive production schedules as pres¬ Mr. Public Service Co. of New Hampshire—Bonds The Public 1953 railway Dec. Republic ended share per porary From Jan. 1— Gross higher preferred dividends. 178, Sliawmut RR.—Earnings— railway oper. share per in leased Walter York have Pittsburg & Net was i from $5.36 tract December—Gross it New 2576. to $1,820,857 profits,, were the ' / ' ' Evans, President, said the net profit amounted to $9.92 per the commons stock outstanding Dec. 31, 1953, after allowing on ently three-acre a industrial p. Kan., Ended expenses During the year Porter acquired A. Leschen & Sons Rope Co., St. Louis, manufacturers of wire rope, and Alloy Metal Wire Co., Prospect charge in New York, will become fully operative by April 1. Forsythe pointed out that Pepsi-Cola is now being produced and sold by a network of 206 bottling plants located in 50 countries outside States. and $ }670. year M. $5.62 as the United the of Oct. company the share offices in 1953, $4 as the President, portion Mr. of totaling Prestole Corp., Toledo, in charge of new market development; and Moran, Jr. as Manager of sales operations. AH three will directors of the new company. The new corporation, also 1952 $1,450,000 of Vice-President William named the a conduct to Forsythe of will priate highest in the company's history. For Chairman International, formed America. "Vice-President, Pepsi-Cola be eastern 6 Mos. Ended— Formed— named bonds Atlantic 3,589,317 tons, tons in 1952. National production was 450 million tons from the 467 million 3.144,857 effective 178, District Co.—New Forsvthe subsidiary, operations medicinal Co.—Earnings Lower— including Salvati, major increase B. distributed (II.K.) Porter Co., Inc., Pittsburgh, Pa.—Record Profits *237,705 1,454,282 Pepsi-Cola William world-wide amount same approximately amounting 10,135,179 Income— ♦Deficit.—V. dividends 1953, to resulted In 1951 *440,779 the territory are Tulsa and Lawton. $22,600,000 construction program is revenues Total railway oper. and $4.27 the in E. $13,314,000 1952 *933,338 income of Public Service Electric & Gas Co.—Earnings— data Gross $714,121 *621,165 railway sale its year's Year $1.40 *1953 year paid, to became to Reading Seashore Lines—Earnings— railway from Net used be to are and 2065. p. the . From Jan. 1— Net proceeds 19. 1952. approximately 1953 oper. the Raymond T. 1951. from company's properties. period Feb. more production of $3,393,604,439 at taxes, income 3.10% and December— from increase of an peak of $1,457,810,025—an increase of almost which of Penn sylvan ia Gross than high new a policyowners. in net — were —V. previous 10%. 103.03%, Balance well-known two compared as $177,947,838. rate $19,170,167, $150,000,000. subscription beginning share Production 1952 Business company's of more Federal 1952 the reached investments $54,000,000 of per "The gain a $649,991 to to 57. p. profit Earnings flew 432,011,000 pas¬ the fourth quarter of 1953. miles in plane 1952, new a The in The weeks Calendar Year— major a Columbia. wholly-owned passenger miles and 17,890,432 plane quarter of 1953 and 450,290,000 passenger miles flown during the fourth quarter increase an 3.20'?? 1954. The offered be to the basis of one new share on three involved. Pond Creek Pocahontas liabilities, Airways, Inc.—Pass. Mileage— announced 4 Life before Net which Co., District and $353,849,420 in new business is $52,000,000. Net Oil the and at SEC Both Nujol and Mistol have been widely marketed and advertised throughout the United States and in more than 50 foreign countries. Their former owner, E-rso, an operating subsidiary of the Standard Oil Co. of New Jersey, has been marketing Nujol, a medicinal mineral oil, since 1915, and introduced Mistol, a medicated nose drop, in 1924. Purchase of the two products by Plough gives the company a total of 67 drugs,-cosmetics and other household items.—V. 178, p. 1374. 107. force reached Assets be $5) the transfer of world-wide trademarks and good will, all inven¬ of finished goods and supplies and all equipment used in manufacturing the two products. Moving of inventories and machinery will begin at once from Linden, N. J. to the Plough plant in Memphis, Tenn., where compounding and packaging operations are expected to get underway in about 30 days. Distribution will also be made from the Plough warehouses in New York City and San Francisco. reduced represents year, will (par with tories plane over investments, A American directly its as in & additions, extensions and improvements made history of the company.—V. included in p. total of in approximately capital.—V. 176, Purchase 643,402,000 Mutual and stock common notification of products—Nujol and Mistol—from E'sso Standard Oil Co. is announced by Plough, Inc., drug manufacturers. • Abe Plough, founder and President of the company, said the sales third the 179, Insurance with be 16,059,044 $33,000,000 year The well 10%—Assets at New High— The last underwriting company's 106th year resulted in continued excellent progress phases of the business, it is announced by Malcolm Adam. Presi¬ in all than subsidiaries—as in Glore Forgan 97.36. Plough, Inc.—Acquires Nujol and Mistol— substantially all of Pan American's assets World on 16,287,691 1952.—V. of letter a ♦Estimated. with compares Over the large stockholders of Standard. of one 686,000 Common stock 402. miles and miles the issuance of 777,716 additional with 15,386,519 now issued. The Blau¬ states would American miles minarity stockholders of Pan American its to eastern corporation senger of transferred in company, The American. filed /■ the marketer 179, a Pan providing for an share of Standard for each merger the New York, Midwest, and San Francisco on afpproved, is merger be a of both. of approve mean compared would exchanges. the —including subsidiary director a to all If would it Standard interests been asked the basis of 0.777 of on offer, 1910 founded The American Oil marketing principal has will in Jacob, son, Standard's stock is listed ft lock the same Md., his and exchange of stock shares with deal the remainder is owned by the Blaustein which include Jacob Blaustein, the Louis American Trading & Production Corp. Tne late and Blaustein accept special meeting March will of part estate, Stockholders share April 6 record of for proceeds the to Hutzler, by the company for the purposes' of other purposes the bonds may be re¬ 1,824,228 4 shares to for working will 9 1,848,597 1,212,270 stockholdrs at $10.50 per share five shares held as of Feb. 2, expected Standard. of business March agreement at a merger Baltimore, Blaustein Jacob the close of of as subsidiary 10. Pan interests Eouis the on stockholders substantial very of (Indiana) their annual meeting to be held May 6. owns approximately 78% of the 4,702,945 outstanding American common stock, the only class outstanding. A Standard shares partly-owned a stockholders vote Standard's proposal at of Standard Oil Co. into company now American Pan 31. this merge 1,561,991 1,399,393 City, Conn.—Files Exchange Commission— Feb. on 21,952 each is completion, officials of the two companies announced on Feb. Pan for No Plans near made net with Operating company common Pan American Petroleum be to larger cities 8,484,258 1,830,504 1,451,643 179, p. 207. covering With Parent— 8,510,026 100% ; beginning connection & Plastic Wire & Cable Corp., Jewett 450,180 $3,963,522 207. p. 8,702,142 2,139,456 income With Securities and 1 Balance in ijointly),' 97.76; Co. & Bros. 11 redeemable be at prices Operating $4,413,702 $3,798,886 requirement 8,984,018 railway railway oper. to BUSINESS—Company supplies electricity to of 1952 $578,772 railway— Salomon are PROCEEDS—The 10,526,766 1953 oper. at and Shields Co., and retirement and railway.... & bonds $8,587,636 From Jan. 1— Interest Weld 97.535; The used December— $5,905,142 ; (net) p. 25,988 revenues Co., $1,717,321 $11,165,648 1,378,823 14,690,187 $929,596 income—. 207. oper. ry. op. from rev. Gross Net expenses. oper. White 1953—12 Mos.—1952 $4,502,193 $49,258,538 $45,845,021 Pittsburgh & West Virginia Ry.—Earnings— $21,681,749 $22,522,630 15,776,607 17,313,321 taxes $3,316,105 2,386,509 deemed Net —V. OP EARNINGS revenues Operating Railway Net 12 Months Ended December 31— 1953—Month—1952 Period End. Dec. 31— Railway oper. revenue.. States common shares and one Pacific value for each two Mountain States per (719) at $2.87). Mr Hughes on There Hughes, are 3,914,913 shares of RKO noted airplane stock outstanding. pilot-industrialist-motion picture pro¬ ducer, has been the largest stockholder of RKO Pictures since 1943: The offer was subject to acceptance by a duly constituted oiticer _ 15, 1954, and approval by a vote of a the RKO stock, other than that held by Mr. Hughes, at a of RKO by Feb. meeting not later than March 30, 1954. "In order to permit each RKO stockholder ceive promptly his pro rata majority of stockholders (other than me) portion of the $23,489,478," Mr. to re¬ Hughes 12 The Commercial and Financial Chronicle (720) eaid In his letter, to accomplish *'RKO . share |>er "I will vote all of my stock in favor of a resolution the following: Pictures for will, all shares (other capital, its of than the $6 in cash shares owned pay 1,262,120 by me) tendered for redemption during the 60-day period following the adoption of this resolution, or during such longer period as may be considered desirable by the company's attorneys." Mr. Hughes pursuant specified the to that above The transfer the offer shall 10 a.m. <EST) April 2, 1954, Commercial Trust Co, of New to him the consummated be the assets not of either at later principal office sold than the such other place as may be agreed such transfer shall be accompanied by a written opinion rendered to Mr. Hughes from the attorneys for RKO Pictures Corp, that such transfer «hall effectively pass to him full title and control of all assets covered thereby and subject to no liens or encumbrances whatsoever.—V, 176, of Jersey, Jersey City, N. J., or at upon by the parties thereto, and in hours per By had while made total a Recently last of and 4,990 Civil Aeronautics Board certificate of between the United States and Europe, Seaboard & Western is the largest U. S. the North Atlantic. It is also a prime contractor terminals Western In all-freight carrier the to U. to S. Tokyo on Air airline Force the End?d Operating Operating Dec. 1953 1952 $45,778,741 $42,855,716 31— revenues _ income 177,874 i income $7,200,106 $6,448,175 1,760,591 from ry. 1954—12 Mos.—1953 1954—Month—1953 The corporation Feb. on shares 4,000 filed 1 5# of stock preferred to share through Cruttenden & Co., Chicago, III.; Wachob-Bender Corp., Omaha, Neb.; and The First Trust Co. of Lin¬ coln. Neb. The net proceeds are to be used for working capital.— V. 178, per 179, 1,093,000 Balance Common Earnings share per NOTE—During related It Federal in equivalent which Charge. —V. 177, p. in taxes. A reduction, $3.10 abandoned company resulted income such to the 1,142,000 its been of coke the and ovens reduction estimated an portion has of $300,- loss, abandonment reflected herein as special a 2787. Rutland RR.—Earnings— December— 1953 1952 1951 1950 railway Wet from railway..____ $421,034 *82,294 $447,332 $415,213 $427,278 Net *124,274 *13,461 Cross from ry. income.— oper. 33,400 *23,841 Net Net * from from ry. railway Sinclair 179, 5,828,375 Discussions holders 391,863 328,884 *111,205 *221,167 *272,927 ' *191,340 by Sinclair The between St. The Feb. 10,802,486 This 9,963,932 the Net Net revenue— $5,563,065 oper. ry. —V. 1953—Month—1952 oper. expenses. 4,866,327 right shares 1953—12 Mos.—1952 proceeds of program. $32,580,528 3,881,151 1,617,301 13,863,221 13,518,158 share of the basis of Superior stock. shares of St. Regis 3.1 According to the prospectus, Regis "desires to acquire all of the outstanding shares of the com¬ slock of Superior." If all of the 30,000 shares of stock are ac¬ quired pursuant to the exchange offer, St. Regis will Issue 93,000 shares of its own stock therefor. If the exchange is effected, Superior will become a subsidiary of St. Regis. St. Regis holds written options for the acquisition from nine individual holders of Superior common, of 15,911 shares, representing approximately .53# of Superior's outstand¬ St. mon stock, ing the on basis same In the present exchange Exercise of such options is conditioned upon the company having offer. made this offer of exchange. one Pittsburgh rear manufactures and sells 509,755, owns and and the corrugated operates two other at Mt. fiberboard plants Wolf, various in in Penn¬ share Canada It and has 22 forms plant locations in the United States and abroad.—V. 179, seven American Petroleums, Inc., wholly-owned a subsidiary, has.purchased four producing oil wells In the Olson Field of Texas The wells, purchased from the H & F Oil ,Co.( are on an 80-acre tract of what, Is known as the Shannon Estate on the Archer County School lands, Crockett County. Maxwell G'oldhar, Sapphinj President, said thg wells, drilled be¬ tween May, 1950, and May, 1951, and ranging in depth from 1,966 feet to 2,130 feet, have been producing a total of 40 barrels in per .recent months be increased .-production Oct. that engineers' reports indicate day this that can appreciably through maintenance and repairs. Cumulative each of the wells was approximately 13,800 barrels to of wells which rier. is located are separated The in from the northern section section appears have to the northern southern has only a section section active an gas of by a the expansion Olson while drive, Sapphire has Mines Ltd. (D. A.) Approved The a G5# has Field Steam in — Stock Increased — stockholders Mr. in —V. electric supply 179, to common change the price -purcnase would Drug income .including any taxes of be Federal or excess $200,000, of depreciation income taxes but before after actually paid during 4nTMarchqU1954°n °f F°rd Hopkins Co" Is expected N. C Earl, jr., President, on Feb. 10 stated provision certain that shares 5,537,063 on reported the that principal reason for the decrease in of steam plant generation which in fuel and purchased power-costs. provided 55# of the company's system use Increase alnd the proposed Joaquin River watersheds. San sale pipe line sinking fund bonds, due Feb. is that expected that bids will invitation be received Southwestern March on 1974, 1, will bids for be Service!Co. Public first mortgage that it it is announced published 1954.—V. 1, 1— $20,000,000 of 179, Feb. on The for proceeds to are construction. new Bonds — and 23 Sold Pri¬ used be See also to V. bank repay 179, loans and to pay 616. p. Southwestern States Telephone Co.—Stock Offered—A of underwriters, headed by Central Republic Co. (Inc.) on Feb. 11 publicly offered-lOOjOOO shares of com¬ the net (par $1) at $18.12V2 proceeds to are be used share. per to finance, 1954 construction program.—V. company's for deductions the General in part, 179, p. the cost of ■Month of January— Stores 1954 1953 $5,964,255 __________—________ elected Chairman of the The office board by the late Robert S. has since 1934, James the from been For Chief of chairmanship ager, of President Jr., N. J. active with 12 and Officer Chief is Executive newly a since vacant since 1943, 1939, Officer. created post. and has The last was President. He replacing the General has ended a firm Dec. been in S. the July, elected Adams on the operations Chicago division consisting of Its \ Ford Hopkins Co. and Stine¬ Drug Co. and about $1,000,000 in 1955.—V. 178, p. 1514. Seaboard & Western Airlines, Inc.—Operations Up This than corporation has reported that ln'igsa^6 At*ant*c and Pacific commercial and military opera- oceans last year were 17# greater 1376. p. has p. stock for the 1278. TelePrompTer Corp.—Signs New CBS Contract— This corporation contract long-term decrease of 12 months on Feb. 10 that it has signed a new CBS Television for the use of TelePrompTer This contract gives the television network all-electronic TelePrompTer service on all) its day¬ announced with CBS Television programs. on the to access new nighttime programming. It represents the biggest deal thus by TelePrompTer involving blanket use of the equipment, although a number of shows and personalities on CBS Television, as well as on the other three TV networks (American Broadcasting Sys¬ time and made Broadcasting National tem. for several PrompTer 1953. and Co. DuMont) have been Tele¬ using years. the new CBS Television contract marks but one facet expansion of„,thc TeiePrompTer Corp., which is spiralling its billings toward the $1,000,000 mark. Negotiating the of annual Board Chairman, says TelePrompTer is currently international level. TelePrompTer equipment is now with active negotiations in progress lor its use in principal countries of the world. / TelePrompTer equipment is leased, not sold. TelePrompTer service, as of the first of the year, has been used on over 10,000 shows for Kahn, B. over an in Canada, Mexico and Cuba use hours of performance. 50,000 the increasing TelePrompTer acceptance, expanded has its organization, with offices now in Hollywood, Chicago, Philadelphia and Washington, as well as enlarged New York headquarters. Expan¬ sion cities.—V. 173, p. 2393. planned for other principal is Television & Radio Broadcasting Corp., Quincy, Mass. —Reports Profit for Year Ended Dec. 31, 1953— operation Gross profit from Provision — and State for Federal Class A $13,489 ——— 3,612 — outstanding—'-, shares shares outstanding common dividends No 5,702 ' ;— Dividends can be paid on 97,176 600,000 —____ (based the class A stock until after 6#: offering price of $1 per share) has been declared and paid on stock in each year. Thereafter each class of stock shares the the income taxes— profit Common $26,020 6,829 :~i Depreciation common in The distribution. any current assets liabilities as against patent company of WJDA, South Shore Broad¬ at Dec. 31, amounted to 1953 $42,629 $18,866. of is the company casting Co., Quincy, Mass., and WE§X, North Shore Broadcasting Corp., Mass.—V. 178, p. 1611. Salem, ^ Production a member who Mr. €0. — Completed Offering — A offering of 11,000 shares of common stock (par $5) was completed on Feb. 8 by Paine, Webber, Jackson &l Curtis. The shares were offered at $13.37V2 secondary share.—V. 178, p. 2096. Texas Mexican Ry.—Earnings— from Gross retired Net from 1953 1952 1951 1950 $306,646 $286,827 $272,630 134,283 has Net ry. Burd 81,833 73,124 38,072 7,389 424 $247,168 9,075 *308,229 3,438,756 1,288,084 railway 3,529,923 1,170,378 359,493 3,313,906 974,584 285,088 3,344,519 1,381,107 255,215 railway income oper. 1 8.20# From Jan. 1—- Gross from Net from Net ry. railway railway of. 1952.-T-V. 179, common 83c per stock, * 382,410 income oper. . T^e .1953 earnings figure amounts to 53c per share of providing for preferred dividends, compared with common Co.—New President— 178, Machines, Man¬ company 31, after of (after pfd. divs.)— was December— has Thornton 193.5. since months Merchandise with been 1951. Treasurer-Controller, directors, 1952, 1952 $27,500,000 $24,700,000 ' $2.54 $2.30 Corp., per Vice-President and company for expanded Gannon.—V. held 1953, earnings amounted to $1,225,912 after Federal income tax; compared with $1,711,879 for 1952. Consolidated net sales for 1953 were $134,082,399 compared with $146,053,787 loans company Tennessee Manager Sr. participation in the the Board General Vice-President since a Burd, of been Spiegel, elected and E. board and Executive has Engelman, been mbrtgage $7,407,801 Changes in Personnel—Earnings— Spiegel, of formerly Vice-President of Stone <fc Webster Secu¬ been elected President to succeed the late F. J. C. equally 521. Deficit.—V. 179, p. 109.. share p.| 207. Texas & New Orleans RR.—Earnings— December— -?*£' sJ?^uld show a profit of about $600,000 In 1954 Of Its way barrels 178, rities on Spiegel, Inc. (& Subs.)—January Sales Off 19.49%— J. amount The that reported Tampa Electric The year to be completed —V. current Sales living policyholders, and $37,626,000/ to the, policyholders. Sun Life benefits paid to 1953 shr. com. per With group stock where its (approximate) The Net mon to deceased of $30,000,000. Of a total mortgage investment ofr $262,than $176,000,000 is in 41,716 home mortgages.—V. 177, was 1952. 521. p. vately—The company has placed privately, through Dil¬ lon, Read & Co. Inc., an iss.ue of $12,000,000 first mort¬ gage bonds, 3.65% series due 1984, it was announced on February 11. i Feb. Co? Chicago, 111., in with paid any States 46# Sunray's crude oil production for 1953, ab within 100,000 barrels of the production iif held its production up despite strict proration and encroaching imports of foreign oil an the domestic markets by a continuous exploration and lease development program which In¬ creased the company's over-all reserves of crude oil and natural gas, according to C. H. Wright, Chairman, and W. C. Whaley, President. It Irving connection M. $2,800,000, payable $735,000 on closing and ■$2,065,000- over a period of years according to a formula under which there would be paid a minimum of $200,000 each year, plus one-half of the combined net earnings of Ford Hopkins Co. and Stineway Federal 1 Southern Natural Gas Co.—Bids March In been on share the Colorado both United and $1,829,789,000. 25,500,000 in Financing stock name 1953— per greater generation on Sun of insurance more income W. 616. p. force, of expanding on Goldhar 10 approved a proposal to increase the (par $ij from 2,315,000 to 3,000,000 shares the corporation to Generar Stores Corp The stockholders also approved the sale of 300,000 shares of common «tfck to A. C. Allyn & Co. Inc; of Chicago at $1.37'/2 per share. The proceeds from this sale will be used in connection with the proposed acquisition of substantially all of the. stock of Ford Hopkins Co. operators of a chain of 55 drug stores in the midwest. The total authorized and said the in in was to Earns, 1954-1955. requirements in 1953 compared with 31# in 1952. The increase steam generation was caused primarily by the 1953 low average Name Changed.— — $3.21 substantial a life of Sunray Oil Corp.—Net Earnings Up 11%— far the was cost 727. p. energy bar¬ working interest in this property. Kenweli Oils working Interest.—V. 179, p. 520. Schulte, Inc. become the south¬ 35# a will 1952. year Income resulted said. « retire bank and which to the preliminary operating results for 1953, W. C. of with Mullendore Mr. The permeability water drive, part, balance the largest recorded by almost by reported that gross revenue amounted to $141,increase of $14,239,651 or 11# over 1952. Net income was 1, ,1953. The ern and With SEC— purposes the in States 959,000, for use in the company's continuing con¬ property additions are estimated at $124,- Gross compared the for in Sapphire Petroleums Ltd.—Purchases 4 Texas Wells— Sapphire as net for 9. p. and reduction Calendar Year— a decrease of $2,098,505 or 9 "k under the year 1952. charges including provision for dividends on all classes of and preference stocks, -Income is equivalent to $2;56 per 6,285,303 shares of common stock outstanding at Dec. 31, on 1953 wall), Iriultiwall bags; printing, publication and converting papers; bag manufacturing and filling machinery; and St. Regis Panelyte, a plastic laminate. available in used, construction $20,000,000); out¬ another policyholders and their beneficiaries since the first United States policy was issued now amount to $919,188,000. Sun Life assets increased during the year by $86,914,000 and now United 7 York. near Its principal products are containers, sheets (single single face rolls and inner packing, with containers representing the major portion of its sales. St. Regis Paper Co. manufactures kraft pulp, paper and board; double will be for borrowings exceed be to by secured beneficiaries President, an all preferred snipping purposes. and March 3 for 286,436 on the basis of one ■ proved 1953 worldwide organization. year, dividends to policyholders This increased. business $87,431,000 (with an-ovsewttbucrtption privilege). " "" that 9 consecutive fifth be was was its $21,872,010, water Superior Paper Products Co. sylvania, It contained as to announcement an After each $4.50) (par record of filed a registration statement with the SEC its $25 par common stock; to be offered Earned $2.56 a Share in In son on of 779,000 for the two-year period, Mullendore, Pittsburgh) 8 financing the funds $26,175,833 St. Regis Paper Co.—Registers With SEC— for before or on stock Feb. Canadian company, and much of the Sun Life has 30# of entire assets invested. Included in this new business figure is $170,778,000 ofgroup insurance, repre¬ senting an increase of more than $5,000,000. The total payments to policyholders, beneficiaries and annuitants since the company issued its first policy in 1871 now stand; at $2,728,999,000. Of this amount. $125,057,000 was paid during 1953, an increase of $6,139,000 over the previous year. Of the total for 1953, it amount stockholders common ' shares (representing estimated are The. company filed a registration statement with the SEC on Feb. 3, 1954, covering 93,000 shares of its $5 par common stock, to be offered in exchange for common stock of Superior Paper Products Co. (Robin¬ «tock to subscribe common Feb. on C00,000 struction $3,062,525 near been to public Net $696,738 Township, have Petroleum, 8. 616. p. loans 207. p. Feb. according on paid in 1953, and an increase of more than 50# over 1949. New business purchased from the company amounted to $576,946,000. price will be determined shortly before the offering is 179, $6,535,816 $72,642,756 $73,589,975 3,473,291 46,466,923 41,009,447 income..— oper. 179, Venezuelan of on minority stock¬ possible acquisition concerning sale through an underwriting group headed by The First Boston Corporation and Dean Witter & Co. The public offering price and underwriting terms are to be supplied by amendment. op. ry. Co. offer to to of treasury from rev. this corporation, and taken, being plans company covering Southwestern Ry.—Earnings— the announced This Southern California Edison Co.—Registers $121,529,826 $115,348,790 —__ End. Dec. 31— Railway Railway of Petroleum announced was was company 17 additional 1953 520. Louis Mi¬ 2296. p. for Period above. Sinclair management, because of the wide divergence in viewpoints as to relative values, and with "regret over our inability to agree." Sinclair'managment also expressed its willingness in the future to listen to any new approach from Venezuelan Petroleum Co; stockholders interested in achieving the corporate simplification which was under consideration.—V. 178, made.—V. 1954 sales p. Inc., announced will Net Canadian sales 179, officials ownership full of it action The subscription Safeway Stores, Inc.—Current Sales Higher— 4 Weeks Ended Jan. 30— —V. Pittsfield, new..sliare. 1 otaeacli 40 shares held «r Domestic of Corp.—Terminates Discussions With Venezuelan of terminated, 5,641,359 453,352 207. p. Oil Co. South Carolina Electric & Gas Co.—Rights— 5,658,875 413,641 income... oper. Loan $15,262,537 George W. Bourke, President, at the company's 83rd annual meeting held on Feb. 9. These dividends, payabl* through 1954, will amount to $24,500,000, $2,500,000 more thaxv was 101,172 5,068,716 railway Deficit.—V. *47,889 *75,316 Federal 1954—11 Mos.—1953 $378,104 $13,953,107 $837,668 208. p. was was nority Stockholders of Subsidiary— * From Jan. .1— Cross Sec 1,037,583 Sales Declined— 1954—Month—1953 throughout the company's For $3,540,933 $3.30 ________ stock. common 1952, property, OQO of stock $4,346,515 1,317,000 applicable to common shares outstanding *515,825 208. p. standing year for this company, with a record amount of new business Life Signature Loan Co., Inc.—Proposed New Name— $4,578,516 179, Sun Life Assurance Co. of Canada—1953 Another Out¬ 1,869,659 $5,439,515 2,911,141 ^03,1^3 *271,124 standing Year—Had Record New Business— sold 1572. p. 3,595,832 364,978 sales —V. $25) (par 3,702,156 361,288 *369,290 *376,184 income oper. Period End. Jan. 31— the SEC letter of notification with a cumulative 3,436,555 340,886 ' railway railway Net offered at $25.50 be $26*'*/b 9.919 -37,897 Sterchi Bros. Stores, Inc.—January 207. p. 1951 $303,916 21,628 *31,031 income oper. from Net $179,061,807 $205,483,356 $3,120,425,734 $3,068,894,291 179, covering Gross ry. FromJan.l— Gross Sales Fall Off— Securities Acceptance Corp., Omaha, Neb.—Files— 36,585,415 $6,270,301 144,952 taxes 38.723,587 $7,055,154 and expenses Net ♦Deficit.—V. Sears Roebuck & Co.—January 1952 $316,243 *1,925 *62,678 railway railway from Net Per. End. Jan. 31— Years Net *95|L- 1953 from Gross com¬ dispatch an aircraft on this aerial pipeline outbreak of Korean hostilities in 1950.—V. 179, to 207. p. —V. Electric Corp.—Earnings Higher— & first the being Airlift, Pacific the on operator after operate $263,493 7,573 *48,978 December— a to above.—V. 179, p. 108. Ry.—Earnings— Staten Island Rapid Transit crossings. ocean for necessity Sales Rochester Gas Other of reepmmended (Indiana)—Proposed Merger- Standard Oil Co. airline this pioneer transatlantic all-freight year 15, 1954 Monday, February . see Pan American Petroleum & Transport Co. day. the end mercial logged 8,290,727 revenue flight miles in 41,904 achieving a fleet utilization average of 12.3 fleet 1953, convenience 2438. p. Airtrader hours reduction in . . Steep Rock Trotr Mines, Lid.—Bonds' Change Hands— The Reconstruction Finance Corporation has sold its holdings of $4,3.00,000 -in the company'®-first mortgage 4% bonds, due Dec. 1, 1960, to Dominion Securities Corp., Ltd., and A. E. Ames & Co., Ltd., of Toronto, Canada, at par.—V. 173, p. 1881. Gross Net from from Net ,ry. 1953 railway railway oper. $11,707,875 :___ income 3,259,184 1,076,166 1952 - 1951 1950 $13,022,ll9 $11,212,809 $11,464,270 3,394,063 1,258,581 3,027,764 2,277,282 2,588,561 1,374,107 From Jan. 1— Gross from Net from Net ry. —V. 179, railway railway oper. p. income 208. 145,958,316 148,500,153 138,649,414 128.033,105 42,030,693 12,214,291 43,135,768 13,587,244 34,353,358 11,179,485 34,551,922 12,976,913 Volume 179 Texas & Number 5299 Pacific . . The Commercial and Financial Chronicle . Ry.—Earnings— Period End. Dec. 31— United 1953—Month—1952 to 1953—12 Mos.—1952 Railway oper. revenue. $6,787,041 $7,704,143 Railway oper. expenses 5,103,885 4,749,756 States Made Spring & Bumper Co.—Exchange Offer to Stockholders— See Rheeni Manufacturing Co. 56,703,864 above.—V. 177, p. 986. from revenue ry. operations Net 17B-, $1,683,156 $2,954,387 $26,916,989 $26,921,652 965,946 1,597,456 12,531,029 13,327,936 income.— oper. ry. —V. 10. p. Utah Power & This have I Textileather Corp.—May Be Tire General See , Rubber & Co. Acquired— until above.—V. 171, (a) held July This corporation covering Feb. on registration the 978,342,outstanding Co. the stock of privilege the on share a the of The of stock common such stock share a of of American share preferred American of and V2 of deposit subject is than their to condition expres^ shares the of acceptance in waive of American the offer, the further states: "The textile division o£ the corpo¬ engaged principally in producing cloth made from prospectus is (Textron) nylon other and fibres while the production of American Woolen Company consists of woolen, worsted and blended fabrics.' The combination of these two complementary businesses will provide a complete and diversified line of textile fabrics, should and Corporation would continue present to and of It number classes plants of are Woolen the exchange shares same as arrangements kind have any of amount Western note new a of be Colorado of stock its 1955, maturing will the by 179, $20 from funds for Power, received, so financing of for of is offer of stock the American its Woolen Net have been been from ry. < will or be expiration <jlate of the offer on any stock of American Woolen regular dividends on its preferred stocks.—V. 179, p. 442. except for 1952 1951 C. A. Corp., Grand Junction, Colo.— Stock Offered—Tellier & G. Becker & Co. Inc Blunt Ellis & Simmons—— Boettcher Alex. ry. used proceeds for to be used are to expenses, surveys Gross 1953 from Net ry. 14,713 Edward 28,479 52,928 10,485 19,138 —V. 1,331,826 1,566,865 1,419,902 *24,042 76,263 *9,980 W. E. railway—. railway—— $878,571 96,653 576,374 *45,468 7.117,607 6.681,281 179, 2,827,498 2,524,847 Sinclair 871,271 782,214 1,221,983 Hick¬ 1,000' I. Smith, Moore & Co Stifel, Nicolaus & Co., Stix 1,000 White, Weld & Co 3.500 O. 5,000 Dean M, Simon & & Co.- Co 1,000 3,500 Inc. 5,OOq 2,000 —, 9,000 D. & Co Jones — & Co.— H. Wibbing & Co.— Witter & 1,000 Co 3,500 — 179, p. 521. *64.224 Warner & Swasey Co.—Announces New Machines— A Corp. income.: above.—V. 178, Total Minority inc. Fed. before taxes State Coke Co.—Earnings— —V. profit 219,605 694,114 621,658 an $47,309 $119,709 $258,328 $434,213 178, lathes " announced was follow but of range for 70 years. be over line new ready for delivery during the year. be continued.* will models will Production 52,000 87,254 8,000 13,213 has placed privately with the Prudential Insurance Co. promissory notes due Dec. 1, 1969, under company on —- income this field The $1,055,871 (est.) after turret Private Placement— 1953—12 Mos.—1952 $952,442 (est.) ir.c. on lathes, in present $339,314 . inc. on taxes type 9. in size the company's present 1A, 2A, 3A incorporate important design changes. Turret four sizes have for years constituted a major portion of the company's business. - It has been a leading producer in 226,754 taxes duty saddle Feb. machines new 4A lathes $274,063 . expenses—;—___ Net heavy on 2097. p. 1953—3 Mos.—1952 „ of line new by this company this Oil Period End. Dec. 31-- Total of America taxes (est.) $198,328 $2,000,000 of 4 V4 % agreement dated Dec. 30, 1953, and has borrowed from the National City Bank of Cleveland and the Cleveland Trust Co. $500,000 each 3'/2% notes to mature from Dec. 30, 1.955 to 1958, inclusive. The proceeds corporate be to are purposes.—V. used 179, retire to bank loans and for general 521. p. •.'* • •. " 1. $333,745 i 1822. p. Washington Water Power Co.—Earnings Higher— 12 Months Ended Dec. 31— Virginian Ry.—Earnings— Gross ry, Operating 1953 from railwayrailway from 2,815,007 945,231 5,000 Bemet & *64,694 109. p. Virginia Iron, Coal & 6,021,430 3,049,881 Richter Co man *96,691 . 1951 $3,581,165 $4,239,815 784,804 1,499,569 1,580,658 $3,243,845 1,512,394 650,483 779,734 708,261 railway railway 37,916,624 44.054,851 47,410,451 33,213,159 12,071,083 16,514,274 19,205,349 13,173,245 income— oper. ry. —V. 179, 7,374,444 8,492,949 9,028,374 8,708,449 208. p. 12,075,220 13,813,060 $9,227,073 $4,983,37* 841,821 Net operating Other income Gross from from taxes—. ' 1952 $18,796,443 ' $21,352,293 — and 1950 $2,914,093 income— oper. 1952 expenses 1953 revenues Operating Net revenues — (net)-- — 40,176 and income taxes $5,009,036 2,708,039 888,945 6,609,210 other 4,120,091 - deductions before 25,662 $9,317,249 - income Interest 282,766 7,803,781 — 9,000 • —_ Hutton The Net $461,555 $707,184 Gardner *80,873 - income of Net *3,557 $574,738 145,552 49,068 income— oper. 2,000 5,000 & 1,473,351 91,390 1,000 — Reinholdt 2.000 Corp.- $142,916 Christen- & 3,500 Forgan & Co 16,122 Stockholders Terminated— 1950 1951 Writer 5.000 2,000 First Cleveland The Gross 301,418 railway railway from Net 1952 Sons Brothers $195,133 From Jan. 1— December— & Corp.- 61,700 1,000T 15,000' 1.000 Securities Glore, 3.50Q —-— Inc sen, Schneider, Edwards 2,0d0 Inc.— Rauscher, Pierce & Co. Inc. Scherck, G. Co., 2,000 3,500 and Net Toledo, Peoria & Western RR.—Earnings— Peters, 3,500 Sons— 1,000 income— oper. Net 2097. p. Co 1,000 $206,371 December— for drilling pay 178, 9,000 Co & & & , 3,500 Norton & Co.— 50,100 - Venezuelan Petroleum Co.—Discussions With Co., Jersey City, N. J., on Feb. 4 (par 1 cent) at working capital.—V. common" Mason-Hagan, Inc. Morgan Stanley & Co Newhard, Cook & Co 3,500 Burnham and Co 1 "Deficit.—V. 15 cents per share "as a speculation." The net and Brown $144,253 railway. from Net offered 2,000,000 shares of common stock and the under¬ to severally agreed unissued Shares Kalman Loewi 27,000 Company, 3,500 •1 States Uranium and Dempsey-Tegeler & Co 1950 but below: name H. Walker & Co A. The ; to sell authorized of From Jan. 1— Net Three opposite its G. Hill oper. Net through 1954 in made corporation has agreed and each of the underwriters has the number of shares Allyn of 1954. Shares A. 1953 railway.— dividend outstanding following 1954 to stockholders of 19, Cooley & Co.—„1—; Ry.—Earnings— cash a be to the of or set stock March con¬ than current 49. p. Gross from for statement proxy purchase, declared have common payable Blytli & Co., Inc which that provision to Collin, other its more during the $1,000,000, Colorado. Western the end¬ thereof. value par Utah than more notes, use 11-month during the period Utah Power, of not by at of not issued program.—V. from be Col¬ by Western $1,000,000 3, the UNDERWRITERS—The stock Western of Colorado purchase common 31, will December— Cross it Jan. 29, 1954, and that will be made fojr the purchase, redemption, issue or retirement of, or any change in, any such stock or any securities of American Woolen from Oct. 31, 1953, through the expiration date of the offer. Further, that no dividends or of notes March directors on will It writers named below, Equitable for distributions issuance the the and of March notes Utah See the in or 11-month per¬ no Co. contemplates the replacement of the Woolen Co. with new and efficient specified commitments no given interested thereon: financing. record Co., inter¬ American of outstanding remains in Power has hearing a of Colorado the If there Co. American special meeting of stockholders called the companies. Woolen of request Borrowings by Western Colorado struction directors." other conditions to Among both to American the of operate. management executives all control which to as synthetic advantageous prove obtains plans present the acetate, rayon, Commission $1,000,000 sale by 1955, shares refinancing Net condition. this to Western authorizing the following Woolen the to 780,000 stock right the reserving also less not the Power and 31, Western Woolen Tex(ron's of shares for Textron each for common each." It days holders company cotton, of of The order an share per Inc. ending 11-month offer common ration 1/5 of Textron 30 of the Woolen shares exchanging and 1954, Utah 20,000 (c) for 1959. DIVIDEND—The cents this 1963. March period expires at 3 P. M. March 22, 1954, subject to of Textron to extend the expiration date for two successive right that of basis The common. periods 8 of $100 1 24. Issuance than filed a registration statement with the 195,668^5 shares of 4% preferred stock pari and 489,171 shares of common stock (50c par). According to the prospectus, Tqxtron proposes to offer to holders of SEC its subsidiary, SEC by Utah Power through to 1, (bt ing Stockholders— series L Feb. Colorado Textron Incorporated—Files Offer to American Woolen the Refinancing orado 1186. p. to transactions; company sons Light Co.—Investment in Subsidiary— and company applied 31, CASH 50 Net 13 Sept. 30 of each year, the first such installment being due and payable Sept. 30, 1954, and the last such semi-annual payment maturing 0x1 March $86,485,104 $83,625,516 59,568,115 Be (721) (net)——- adjustment Federal for Federal income erated taxes deferred amortization ot due . inc. deferred accel¬ to certain lacilities— l' 2,347,941 From Jan. 1— Gross from railwayNet from railway Net ry. oper. income— * Deficit.—V. 179, » ^ Arthur Balance RR.—Reports Record Gross Income— K. 1953, year the 208. p. Wabash Atkinson, stated President, in the that revenues gross releasing income tDividends results for $1-22,210,124. were Ujigawa Electric Power Co., Ltd. (Ujigawa Denki Kaisha), Japan—Partial Redemption— Kabushiki Holders extended) amount March 15, the bonds, 1954. office 178, of 7% mortgage March of 15, the at —V. first of 1955, sinking being are have been Redemption at par and the fiscal agent, fund gold notified drawn bonds, that due $53,000 is highest figure in the history of the company, being $6,325,383, or in excess of 1952, the previous high year. Carloads increased Higher labor and material costs caused an increase of 4.82% accrued The National City Bank of New York. 954. p. operating Net income of of per $1.36 Total 1 as Union $1,308,000 share revenues compared exceeded by the of preliminary to increase of of with System 1952 stock, 1952. This Of and the first increase, Passenger Mail 13c revenues accounted was Electric to for Energv. Inc. to meet- that company's commitments to the Atomic Energy Commission during construction of the p^wer piant at Jooo it Anotner $1.2>0.0t)0 , the of increase authorized increase in revenues during tne o* 1952.—V. over the . higher rate schedules these two factors the revenae rvctusn-e year, about 6V0 was from come 178. p. 2620. Unique Products, Inc., Reno, Nev.—Files With SEC— The corporation on Feb. filed 1 a letter of notification cumuaitive perferred stock to the with be 3EC offered at ($100 par used per share), without underwriting. The proceeds are to be purchase equipment and for advertising and general expenses. to resulted and in revenues 1952: 1952 177, 2574. p. J. C. share. 72.65 73.09 20,467,966 19,254,455 11,061,984 11,192,397 ! — further diesei stated locomotives that and during 866 the the cars.—V. freight year 179, company p. 616. which 17 to stockholders of record Feb. 8, PROCEEDS—The net proceeds electronic research Factoring project for U. S. Relay Co., one of only has Co. Boeing approved Aircra.t a budget be to carried an the four major relay companies in the country. Wi sh., has requested U. S. Relay to take Boeing Aircraft in Seattle, electronic an on unit that vibration will to relay development operate keep under with up project to evolve extremely rigid conditions the advancements In to be received of Fox, to search ation head Fox, set aside this of of of S. Relay, portion a new U. of has their corporation two smaller, would and U. U. the relay, S. already the stronger withstand Relay is 3315 facilities all-important relay ahead years sole any of than so with to vitalto his brother, devpte the to Hal the successful of major that supply circuits for in in U. S. needed needed re¬ oper¬ high the Relay's present product today and was lighter, at the frequency United present time operation. States for the and the announcement S. U.-S. A. N. added. Relay has developed a unit to replace the present A and N ap¬ proved relays for the F 100 and F 101. Firestone, North American, Lockheed, Glenn L. Martin, Boeing, Douglias, Westinghouse. and Gilfillan are among U. S. Relay's clients. Electric incorporated was re-incorporation of the Manufacturing in Delaware July on outstanding shares of changed into 2,342,411/ shares common of com¬ value, the aggregate stated value of the remaining unchanged. tAll outstanding shares of 179, has stock called were for redemption effective; 442. p. interested The White Star $100 is the to primarily directed Md., Lines, Feb capital with the subsidiary, Inc., 18, to Holdings— SEC all for request shares outstanding has given hearing thereon. a (100% ) Potomac transfer the the of the Commission and 1954, to of 2,100 transferred of and as of common for con-" a Potomac. of application, White operates Star motor vehicles the transportation of passengers. These activities are supervised from the office of Potomac in Hagerstown, for and together owned its consisting be to the to Star stock, par, proposal a Co., until persons White stock, filed Edison capital stock of The with subsidiary Blue Potomac, of sidiary of West Penn, the of as Ridge and unified n Transportation Penn Bus Co., a coordinated and Co., 50'% bus a wholly- owned system sub¬ under "Blue Ridge Lines." Transfer of the White Star stock to Potomac is expected to result in further simplification of the corpo¬ rate and operating relationships of the West Penn holding-company name and Ridge stock is will facilitate the sale of the properties of White Star, ' Penn Bus Co. (The remaining 50% of the Penp Bus by Pennsylvania Greyhound Lines, Inc.)—V. 179, tp. 49. and owned formerly conducted incorporated under the lows Co. by from Gross Net from of 1891. Originally corporation C. soon and and founded ry. brake fractional systems entered the brakes and motive into the field of of electric motors, transformers, the power controls 30, 1953, transformers, hydraulic-electric bridgefor industrial equipment. In 1912 it field automotive and cash of was as and now ance sold, effected and are sale as is *Five-year an important estate Common 19, 1953 "These in the of such form of 150,000 fractional representing stockholders with the a in stock 2% 50% shares lieu stock of of factor in the FINANCING shares issuance dividend: <b) dividend; common 723,469 1,287,883 59,244,506 56,244,555 55,746,946 49,348,11* 19,262,848 17,447,559 7,101,893 19,780,166 7,728,590 18,000,075 8,526,036 railway— railway- _ income— oper. Western Ry. of from Net from Net 9,493,063 Alabama—Earnings ry. .* $419,807 $412,857 $430,499 ' 109,106 100,098 107,613 62,939 55,772 67,954 179,389 37.G43- 4,806,389 4,712,172 4,585,764 4,362,864 1,164,706 1,085,681 1,048,861 1,055,814 558,375 490,704 393,391 432,553 railwayJ Income. oper. 1950 1951 1952 1953 $403,229 railway- From Jan. 1— from Gross from ry. —V. railway- railway income— oper. 179, p. 208. • split-up the issu¬ be to • notes by to banks various presently bear interest value) at rate the propqsed issue of 17,500 shares of common $1) (par ■ $7,000,000 $5,000,000 Whitehall Fund, Inc.—Assets Increased of 3",2% Sharply— As of Dec. 31— 1353 1952 $4,893,349 $2,693,579 600,000 per payable in semi-annual installments of $500,000 each "Total 944,346 shs. 1,000.000 shs. the offering price of is $12.50 per share (not $17.50 per share as incorrectly ' reported in our issue of Feb. 8). Fitch, North & Co., Kansas City, Mo.,\ will act as underwriter.—V. 179, p. 616. real 885,000 par The stock Outstanding —- ($15 at $12.50 per Share— Whitaker Cable Corp.—Stock which fractional (C) and < for of stock a stock ■ secured mortgages notes 1,554,180 637,596 December— Gross (including sale by tire corporation of 1,737 stock the to installment stock 392,225 179, p. 49. Net PRESENT TO follows; payable from ry. Net EFFECT Authorized Notes 671,525 income— and shares in connection to be equipment GIVING common paid 2,209,891 long-term debt of the corporation as of Nov. adjusted to'give effect to: (a) a 2% stock dividend Dec. on its $5,044,403 industrial produces hydraulic and air products and acts as a distributor of certain auto¬ by others. The sale of replacement parts for capitalization distributed 1950 $4,941,332 railway—— oper. Net —V. made .CAPITALIZATION The 1951 1952 $4,999,825 1,867,453 from Gross equipment. It now builds a broad line of motors, including single-phase and polyphase, integral horsepower ratings and hermeti¬ also and related and $4,162,249 and automotive products manufacturer Co.—Earnings— 1953 railway- electrical electric C. small a expanded other D. both as RR. From Jan. 1— Net Missouri in Pacific Western December— 28, business aircraft. Relay Co. anticipates over a $2,000,000 gross this year and ha$ one "of the finest electronic production and assembly plants oni Ccast, a Wagner shares anything anything requirement source used in as corporation's business. high speed aircraft. Hughes Aircraft recently reported, was agreed, - 2,541,800 were preferred Potomac Net BUSINESS—Corporation 1922, electrical aircraft • par shares company The Blue the corporate purposes, including payment of current shortterm bank borrowings (which were used for carrying inventories and receivables), the carrying of increased inventories and receivables resulting from the growth of the business, and plant and equipment and heat development. Louis to system 1954. by the sale of the shares of common stock now offered will initially to the general funds of. the corporation and will be available new brand a supersonic $1.67 2,- on West Penn Electric Co.—Transfer of This general cally sealed motors; by (based added for with for the value 1953.—V. 24, tribution This represents stock after the 50% stock divi¬ was declared by the directors, payable dend motors (Calif.)—Awarded New Contract— Copeland $1.77 share 5,157,499 84,700,594 — — 27 1952, par without cumulative 2,230,897 115,884,741 88,784,197 — Wagner Electric Corp.—Stock Offered—Ai nationwide syndicate of underwriters headed by G. H. Walker & Co., of St. Louis and New York, on Feb. 10 publicly offered 150,000 shares of common stock (par $15) at $36 per A. The 210,000 $3,910,09-1 — 23, without .stock July 2,331,653 — ratio Atkinson $6 $ 1 122,210,124 - expenses.-- income July stock According be 122,500 101,735,453 5,117,678 - operating from $4,120,091 $4,138,769 dividends—"— common common shares) outstanding replacement and additions. Printers & Publishers (Inc.)—Private Financ¬ Arranged—Under separate agreements negotiated by A. C. Allyn & Co., certain institutions have agreed to purchase $925,000 notes due March 10, 1960, and $2,575,000 notes, due March 10, 1970, over a specified period U. S. Relay Co. per 342,411 *On mon : _ revenues— Mr. decrease a with 1953 1953 operating acquired United ing of time.—V. "Earnings for • 107,718,138 revenues Feb. covering 500 shares of 6'/ applicable to $6 preferred stock Balance •available per which in year Net an was earnings share. of $11,778,000 or 13'/; of $5,370,000 hours $16,194,000, This 9. 1952, of income results for Railway operating income represented increase increase kilowatt was Feb. 011 net, an an was the 700.000,009 1953 for released over $102,o38,000, were nearly Electric figures common $100,000,000. sales Missouri—Earnings Higher— 9% or with 1.17%. or revenues Operating according compared $130,413, comparison $ Total Co. of of a Calendar Year— Freight Total Union Electric expenses, income net Following is (as for redemption on interest will be made $4,261,269 . principal lot by in in income——, the This 5.46%, 2.33'/ net of Net annum on and March 31 asset "The are and net in June, value rise . , assets in - $18.94 share--. per 1953 1952.—V. 1 reflected 179, 1 p. 442. the merger of Howe Plan S19.6V Fund, Inc. 14 The Commercial and Financial Chronicle (722) Dividend announcements tables. In nounced first indicate we table in which Erie dividends the all Then show we follow with Allen (R. & Allied Business Co. (Louis) Co. American 5% prefererd Box American American Extra 7% _ Americ 2 4- 1 American (quar.) Inc., common 40c _ __ Co. 50c ZZZZ American Paper Goods Co;, preferred 7% preferred preferred 7% Service $3 Vitrified American 2- 3- 3- ;^_Z_ class A 6- 1 9-15 9- 1 12-15 12- $3 <quar.)__Z. Co. 6-15 $1.75 <irreg.)_ Products 3-15 $1.75 $1.75 $1.75 (J. H.) Hardware, Ltd., common A 115c _ (quar.)__ tic preferred (quar.)_ 4.60% preferred (quar.) 4- 1 3-10 4- 1 3-10 3- 1 2-19 4 Aunor Gold J A Cass A Basic Inc., H.) common Steel Belding-Corticelli, 7% preferred & Bird & Son, 5% Broderick & Bullock's, Ltd., 3- 1 2-19 20c 40c common 2 1 U5c 4- 1 1 3- (quar. i $1.25 B A (s-a» General Class A • Electric Co., Machine, Ltd., 1$2 127 V2C Z__ ~ ___ Corp., Ltd., 1 4- 1 2-26 Class B Carlisle (quar.) Corp. Carthage Central 4v2% preferred .Central Illinois 5 % % Class B class Chicago, Series A Rock Common 3-26 3- 4- 3-18 3-18 A 3- 5 2-20 3- 5 2-20 $1 3- 5 2-20 6% 3-12 2-20 50c 4- 1 3-18 4- 1 3-18 Co., com. 3-31 3-12 Equ.pment Co., 3-31 3-12 3- 5 2-24 3- 1 2-18 3- SI 1 2-18 75 c 3-10 2-21 Z_Z common $1.25 3-15 2-24 .jZZZZZZZZ 25c 3- 2-19 (quar.) iquar.) Claussncr Hosiery Co. (quar.) '..a Broadcasting System, Cla.i A B (quar.)____; 40c Ccmbi.ied Locks Paper, Z class A (quar.)_ 5 2-19 3- 5 2-19 35c _ 3- 40c __ZZZ 3- 1 2-10 Consolidated Water & Paper Co.— Incr used quarterly (_ •_ Paper Box Co., Ltd., com. (quar ) C Ji'iugatecl 5V preferred Crossct Co., CI B s; 35c ciass A 3.75% preferred 3.,5% preferred 3X0% B preferred Delaware Detroit A & Aixa.1 Co., RR. iquar.i 5% common _ 1 2-15 3- 1 2-15 3- 1 2-15 Corset 1 2-15 2-20 40c 4-15 3-19 3-15 3- 3-20 3-10 3- 5 2-20 3-15 2-20 20c 37'Ac ,_ZZ_ Z Z Z ZZ & 3- 5 l'Ac Z _ "(quar.) iquar.) Anglo Investment preferred (quar.) Dominion 3- 3- 50c ZZ Coip., common preferred (qtar.) 4% 3-20 9 7'Ac Dictaphone Dominion 4-15 93 %c iquar.) preferred 4-15 1 50c (quar.) Mortgage & Realty (quar.) Dewey & Almy Chemical Co.__ 4.40% 1 5- 9 93%c Detroit Diamond 2-12 5- 37'Ac (quar.) Brock Co. 2-12 1 10c (quar.) Bound Eaison 1 3- 10c Z ~ iquar.) iquar.) 2- 3- 1$1.25 Cumingham Drug Stores, Inc. ("quarJZZZZZZ Da^tcn Power & Lignt Co., com. (quar.) $1.10 2-13 1 _ Co., Ltd. Fund, Inc.— (Quarterly from net investment 75c 3- 2 2-19 $1 3- 2 2-19 +$1.25 3- 1 2-15 120c Corp., 4- Ltd.— _ , 1 3-15 2-26 2-16 25c 3-12 2-19 50c _ Plastics Eastern Eastern Empire & Chemicals, Sugar Associates, Theatres, Ltd District Electric Inc. $2 3-19 3- 11c (quar.)___ pfd. (quar.) Endicott 4% Johnson preferred Equitable Fire Corp., Co. common (Charleston, Semi-annual Extra 2-27 2-19 35c (quar.). 3-15 3- 1 50c 2-24 2-15 40c 4- 1 3-18 $1 New S. C.|- • dividend a 4- 1 3-18 1 3-19 3-10 3- 1 2-24 2-15 $1 B 2-18 5- 1 Tudor 3-12 1 4-30 Union 1 2-18 United 4-10 3-31 2-19 3-15 3- 1 Gypsum Rubber pfd. 1st 2-19 Waite Amulet Mines, Ltd 2-19 Weingarten 2-25 1 New 3- 3-10 3- 2-26 2-11 2-28 2-19 5% 1 5% Welex 3-15 3- 2-27 2-15 3-15 West 2-26 3-10 25c common 3- 3-15 Air Gas & 2-15 2-27 2-11 Wisconsin 3- 2- Wisconsin 2-10 50c 4- 1 3-15 3Uc Co., common 3- 1 2-±0 3 5% Co. A 45c dends 4- 1 3- 1 2- 1 2- 4 4 1 2- 5 2-19 2-28 2-18 33- dividend Stock Acadia-Atlantic 3-15 2-15 2- 4-15 3-22 4- 3- 8 A (quar.)_ preferred (quar.) Acme Wire Co. (quar.) Advisers Fund, Inc.- 5% 1 1 Co. (quar.) Agnew Surpass Shoe Stores, Ltd. (quar.i Air Associates, Inc., 6% preferred (accum.) 3-10 2-26 3-10 2-26 3- 4 2-20 3-12 2-26 4.50% 4- 3-15 Aircraft Airfleets, $L50 preferred 25c Electric Prentice-Hall, Service of preferred preferred Purina 3%% 2-15 2- 4 Reliance 20c 2-15 2- 4 3V2% preferred Mfg. Co., 4-15 3-31 5 —— common (quar.) (quar.) common preferred (quar.) prior (quar.) Alan 5% Alexander 3- 5 2-19 All 3-31 3-19 Hamilton Institute American Engineering Alliance Mfg. Co. (quar.) Allied Co. (initial) Chemical & -1___ $1 4- 1 3-15 Allied 4- 1 3-15 Allied Kid J20c 4- 1 3- f38c 4- 1 J25c 50c 4- Dye Corp. (quar.) Co., 7% preferred (s-a)__— Control $1.16 !/4 87'/2c (quar.) (quar.) preferred 2-15 93%c 15c (quar.) Vicksburg Ry. (s-a) Wood Steel Co., common (quar.) 3-19 1 common preferred (quar.) 4.20% preferred (quar.) & 2 3- (quar.) Corp preferred 4.60 % Alabama 3-15 1 (quar.) Alabama Power Co., .1 r_l (quar.) Co., 3- common Gas Corp., 4- 12V2c (accum.) common.- (s-a) 5% Ralston preferred 15c (quar. Telephone, 2-19 Oklahoma— (quar.) preferred 1 3-29 Co., Radio 25c preferred Co. 3- 50c (quar.) 5% 2-19 (quar.) Inc. Reduction *3.50 2-1*9 1 J25c (quar.) Inc. Corp., (increased) 1 3- $1.25 40c Ltd._ Co. 3- $1.20 (quar.) Co., & 1 Air Alabama (quar.) General River 50c 40c 93%c Chemical Co.— —— (quar.) Corp. Aetna Standard Engineering 25c (quar.) ; Class 2-16 Aeroquip (quar.) 2-18 3- 1 2-26 3- 1 2- 4 2-15 3- 1 2-26 2-18 3- 8 2-18 3-15 3-15 2-2S Co. Allis-Chalmers 314% Co., common convertible preferred 1 33- 2 Alloy 2 Alpha Portland Holder§ 3-15 3-15 2-19 2-19 7'/2c 37V2c JlOc 45c 25c 35c $1.12% 10c 20c 87%c $1.05 $1.15 $3 35c $1.25 50c 10c 50c 60c 14c $1 (quar.)— 8l!4c (quar.) 4- 1 4- 1 3-15 3-12 2-15 3- 1 3-15 3- 1 2-25 2-26 3- 5 3- 5 2-15 3- 1 3- 1 3-15 3-15 2-20 2-25 1-22 2-15 2-20 1-29 2-15 2-11 2-18 2-18 2- 5 2-15 2-15 4- 1 3-19 4- 1 4- 1 3-15 4- 1 3-19 3- 5 3- 1 3-15 2- 5 2-15 2-17 2-15 3-10 2-17 2-15 2- 1 2- 1 2-11 1-25 2- 8 3-31 3- 5 3-1 2-23 2-15 3-10 1-30 1 3-12 +12V2C 130c 1$1.25 60c 13c 40c (quar.) Mfg. When Payable of Ree. Ltd.— Refineries, Sugar (quar.) Common 2-16 2-25 30c 2% (s-a) Vending Corp. ABC 2-25 $2.50 (quar.) Share Name of Comvany 3-29 20c (quar.) 3- 5 3- 1 3- 1 3-15 3-15 3-10 2-15 3- 1 3-15 3-10 3- 1 3-20 3- 1 3-30 3-30 4- 1 preceding table. $1.50 , 2-15 2-15 3- 3 2-15 2- 5 2- 5 2- 5 2-18 2-18 we 4 3- 30c (quar.) 2-17 2-16 2-26 2- 8 3-19 50c (quar.) Plymouth Oil Co. 20c 12Vic 62V2c 13c 1 3- 1 3-12 2-17 3-19 3-10 2-15 give the dividends announced in previous paid. The list does not include divi¬ announced this week, these being given in the Below 5 30c (quar.) Paper preferred 35c 25c 6-12 3- 2- 1 3-5 2-23 2-23 5-24 weeks and not yet 3- $1 (quar.) common Ry. Co.— (initial) & — Ltd Mines, 3-25 1 25c (quar.) common (s-a)_ (quar.) com. (quar.) pfd. Wright-Hargreaves 2-19 i$l (quar.)_, Corp. convertible A Co., 25c Per (quar.) common — L'fe Insurance Co. 3- t$1.50 Co. class Co., preferred Quebec National 3-10 t$1.12 (quar.) Co. 15c —, 7% pfd. (quar.) Electric Co. (quar.) 3-15 $1.37 »/2 (quar.)__ Glass ; — (avar.)__ Inc. Petroleum Woodley 1-29 Hydro (quar.) Sons & t35c 56V4c 62V2c 62V2C 25c 25c $1.25 15c 40c 30c 15c 20c —I (quar.)_, Rubber 42J/2C (quar.) (quar.) — Hirsch, & — iquar.) Pictures Corp., Prestole Inc. Products, Willson Winter Power— Parchment Read (C.) 1 43c i quar.) Light Pittsburgh Coke Portland — Blake Co. Whitney 2-15 3- 50c (quar.)__ Lines Brothers Whitehead 2-23 — (quar.) Whirlpool Corp. 1 — — 1 2 (quar.) Westinghou.se Air Brake Co. t31V'4c 62Vic 50% 50c —.— i— pfd. preferred (quar.) ; preferred (1952 series) (quar.) Jet Services (quar.)—. Disinfecting Co., common (quar.) 3- 5c (J.), 4V2% preferred $5 1 in¬ (quar.)_. dividend) Electric Corp. (stock (initial) Wagner 2-19 1 Whitman Y.) $2 65c 35c Eastern Common (quar.) (quar.), Co. 1 $1.25 (N. 3-13 3-13 (quar.)— common preferred 10c Co. 2- 9 common 3-10 35c net 2-19 2-25 2-15 4-1 preferred 3- 15c $4.80 Co., preferred Raalte Western (quar.) (from $5 ltc $1.50 $1 (quar.)__! Corp. 3- Co.— Inc. 2- 9 3-19 2- 8 3- 1 2-19 2-23 (liquidating)-, — (quar.)—1 6% Co., 8% 30c Quarterly 4%. S. S. 8% 3- 2-19 25c Extra 3% % Utilities Cooler, U. 3-29 2-16 3- 1 4- 1 2-15 3-15 3-10 3-10 50c $2 (quar.)_____.— (increased) (quar.) Carton & U. 3-15 2-25 $1.50 62Vic $1.06 % 25c 75c quar.) Public Universal 1 1 4- 1 4- 1 2-25 1-27 3-15 3-15 2-16 25c (quar.) Corp. Board United 2-19 4- 2-24 3-31 3- 2 Pacific Insurance Co.— 3-31 8 3- 3-15_ 4-15 10% (accum.): $4.25 preferred Rope Aircraft Corp. (Increased 4-10 (quar.)— ! $0 pfd. United Philadelphia Germantowjfi & Norristown RR. Public Wire —— (cash div.) Street Corp. Salle Tyer Rubber, 2-12 3- (quar.) (quar.)— 7th Unit, 3-10 of Illinois— conv. Co. Welder dividend City 3outh La 208 15c Fund, common Pratt, preferred Stock 3-15 3- 10c (quar.) Peoples Gas, Light & Coke Co. Philco Electric Treesweet Products Co. 10c 2-23 2-24 20c $1.75 12Vic Investment Trust— Canadian General 7% 2 2- 2-11 3- 6 3-15 50c Tobin Packing Co., common 3-12 50c (quar.) common (quar.i Electric Permutit Thomson 40c (quar.)__ preferred New 3-16 $1.12V2 Co., Haruware Owens-Illinois & Third 1 10c Corp. preferred Peoria 2-17 4- 2-15 2-26 25c 1 1 3- 1 3-15 3- 1 2-15 2-15 116c Extra 3- 3- 3- 1 3-13 4- 1 3-15 3- 2 3- 1 7c (quar.) Co. 81V4c (quar.l__ preferred (quar.) Corp. preferred Pen Sulphur 3-15 payment. (quar.) preferred Paramount Gulf 3-13 common. new Producing Co. (quar.) Gulf Texas Fund, investment income——.— From Texas 6-30 9-30 12-31 3- 1 35c $1 (increased quar.i (stock dividend) Inc. 3-15 6-15 9-15 12- 5 2-18 6Vic — Television-Electronics 5-14 1 (quar.) Co. 2-16 3-31 $1.75 20c 30c 5% — - Virginia Dare, Ltd., 5% pid. (quar.) Virginian Railway (quar.)— —:—__ (quar.) J.) Scotia Paterson 5-14 (Increased)— common (quar.) Taylor Oil & Gas Co. 10c Natural Class 5-14 1 50c (quar.)___ Northern Parker 1 6- 1 50c income) (J. Paragon 6- J25c common River Insurance 6% 5-14 $1.18% Increased 4 V2 % 2-23 1 Co.—■ Newioundland Light & Power Co., Ltd.-. Norfolk Southern Ry. (quar.) Nova 3- 1 6- 35c (quar.) Bedford Storage Warehouse Britain Gas Light (quar.) North Stuart :— B Tampax, 3-20 3- 6- 1 United (reduced) Newberry 5- 2-26 3-19 3-1 Corp.—- (quar.) Broadcasting, Class Preferred Co.— : 011 Co. Resources Class (quar.)_ Storer 3-10 4- 9 $1.25 $1.25 $1.25 $1.25 50c 37Vic (quar.)___ preferred (quar.) Sterling Drug, Inc. (quar.) third consecutive quarter Corp., Lithograph preferred (quar.) Van preferred 4.65% (quar.)_ Ins 1 l$2 Empolyers Reinsurance Corp. Increased quarterly 3-15 3- 1 3-20 3-10 tlOc — 5% 3-31 3-12 3-1 4- 1 10c Co Traung 15C Paper Co Hone Oil Powell income.) Power Corp., Moore-Hanclley $5 Dreyfus Durez 2-19 $1.25 States Telephone Co. 4% 2-24 112 V2C (quar. Telegraph (quar.) & 5 Va % Inc.—" iquar.) Ciass 1 5% 3-10 3-15 3-31 3-31 3-31 2-20- 32Vic (quar.) class B Ltd., preferred preferred 5% 37J/2C Bumper vestment 75c (quar.t 2-16 2-16 50c .1 Radio. 20c preferred B (quar.)____ 5%' 75c (quar.) 1 1 $3 / (quar.) (quar.)_ Midwest Oil Corp. New Milling Machine 33- $0.1176 shares (Tenn.), common preferred Natural _ 5% Stecher 10c 6% (quar.) & action Common Co.— iquar.) 2-16 25c 94c (quar.) (Ky.) $1.12'/2 (qunr. Thermit Midland Co.— quwit_r.y 2-19 1 25c common Disintegrating Micidle 75c RR. & Micromatic $1.25 Pacific 9 3- 10c Inc., participating Michigan $1.25 & 3- Co. Chemical Stauffer Inc.— no 4V2% 2-15 (quarZ)ZZ Standard 2-19 Oil 50c , $1 50c preferred prior $2-$5 25c Amer., Co., Electric Metals 3-31 (quar.) Extras 2-19 3-12 $1.12'/2 iquar.) Inc. Power Textile Metal 2-27 (quar.) preferred 3-13 3-31 5c com. Co., 2-19 3-15 $1 Participating 2-19 3-31 $5 Tool Island preferred 3-10 67'/2c & 3-15 $1 95c Mfg. <fe Sales Co..„_ $3.25 $1.31'/4 ~ Pacific— Paul preferred preferred, series Chicago Title & Trust Cincinnati 5 $1 (quar.) Standard $1.05 , <quar.)__ A Lawrence took 30c _ 2-26 15c preferred Master 5c preferred 2-16 45c (quar.)_, Directors for the $1.23 common. 6 3-10 Stahl-Meyer, 48c (quar.)_ Magic Chef, 3-12 1 3- 3- 40c (quar,) 10c —_— 3-12 93%C (s-a)_ preferred Metal ; fquar.)_ H.), Gas St. Ludlow 3-15 ___' A_ Sc. 5% x.iCi^asf.u 5% (quar.) Industries Star Lower 2-J.5 preferred Chicago Pneumatic Chicago, 2-15 1 ZZZZ"" ctnvertible 1 3-31 (quar.) Milwaukee,| 3- $1.12 % ___. preferred 2-15 3- ZZZZZZZZZ 5.40% Co., 3-12 55c (quar.) Mfg. 2-16 25c (quar.) Telephone, Chatham 2-20 1 10c iquar.)___ preferred Central 1 3- (quar.) Public Service Co., preferred 3- ZZZZZZ" _ common 2 Development, class B (quar.)_ Staley (A. E.) Mfg. Co., common (quar.)___ $3.75 preferred (quar.)_ $1.25 (quar.) Telephone 4,75%. 3-17 2-20 75c iquar.)____ picicivea 4.92% 1 1 75c _Z iquar.) Light Co., Inc. Stores, McLaren ZZZZZZ iquar.)___ Mills Illinois 4- 3- 150c , 5 45c common iquar.)__ preferred Lone 120c T A. ._ 3-31 3-17 Gas—"" Natural Co., Casualty Insurance 5% 4-15 4- 115c _ 2- 44c Electric Common 3-31 1 2-12 35%c (quar.) iquar.) preferred Lincoln 3-15 4-15 Texas Co. (quar.) American Gold & Platinum South 30c (quar.) common common Consolidada S $6 120c common (quar,)___. Mills Co., common (quar.)_ Cannon Colun 4- South 4-24 — 25c (quar.) preferred (quar.) t25e (quar.) (quar.)_ liintial) preferred Life & 110c commoiL preferred 5"r 2-26 t$1.12Vfe "(quar.) Ltd. Investments, Ltd Canadian Western 4% preferred Clark 2-26 1 Ltd, System (quar.)_____ Kysor Heater Co. 118c Ice Canadian Tire 4% 1 4- Corp., common preferred Lincoln Bonus S3 4- 38%c 3-10 2-11 2-16 3- 5 3- 5 3- 5 2-24 1-18 3-15 2-15 3- 5 2-26 75c , (quar.)_____ Power & Light, com. (M. 3- 1 loc' (quar.) common preferred preferred France $1.25 50c 8c 31 Vic 40c (quar.) preferred La 4- 1 —- Corp., common preferred (quar.) preferred (quar.) 2-25 4-16 La ?$1.75 (quar.) 5-15 1 Kuhlman 2-15 30c, preferred Co. 2-15 2-25 3- 1 —— preferred 3-15 2-23 Co., 2-25 30c $1.25 (decreased) Co. 12'/2C pfd. A (quar.) (quar.) preferred > 30c pfd. 50c 3-15 Kennametal, Products, Ltd.— preference (quar.) Canadian 4% 2-26 175c 3_„Zi $1.55 3-15 $4.50 3-12 3-15 175c (s-a) Canadian General 5% 4-15 $1.25 3-16 5% Sons, Sonotone 3-10 5% 53VaC (quar.)_ ; Utilities, A 3-10 1 1 3-19 4.50% 2-12 15c (quar.) 1 4- 4- 3-31 Kendall 2-12 50c 4- 3-31 Katz Drug 2-17 3 2-27 Mfg. $1.25 Lamston participating class Class 4'A% 1 3- (H.) Singer (quar.). Water Supply 3.80% Ltd.— SI.50 Canadian 3- 16 V4C ; <quar.)„„_ Simon 2-11 $1.25 2-15 37 V2C Rope Co. Corp., Ltd; Ls-aV California-Western States Life Insurance Co. Canadian Food 1 2-19 1 iquar.) 4% common on <quar.)_„ ; $1.0j'/4 $1.12'/2 91V4C (quar.)__ common 5% Freight 4.20% 2-26 30c pfd. pfd. (quar.) Petroleum City action no Pen Co. A.) Valley Water, 3- (quar.)____: Paper Co., 4.20 % 2-26 4- . 4'/4% Co, preferred Kansas took (W. 3-15 ^ Co., $1.25 $1.13 (quar.) payment at meeting held Jan. 25) 50c 3.65% 3- 1 3-12 3-15 4- 1 4-1 Corp.— 2-19 convertible 33/4% ; 3-15 3-15 3-15 3-20 3-20 3-10 3- 1 4- 1 3-10 2-26 3- 1 3- 1 3- 8 50c 10c 2-19 $1.12 2-23 2-23 | 3- 5 3- 1 3- 1 3-10 3-10 2-15 2-17 3-12 2-19 2-19 2-12 2-12 2-23 2-15 2-19 3- 1 3-1 3-1 1 ^ 3-15 (quar.)_ Motor Tea Radio Sheaffer 2-16 (quar.) Jewel (accum.) (quar.)__ preferred prior (Directors 8-25 11-25 5 3- B 3-19 117'/2C ZZ. 4 V2 % C 3-31 4- 9-15 5% Sentinel preferred 2-17 1 5-25 preferred 1 3- 4 2-25 12-15 Co. Rubber Co., common (reduced) class A preferred (quar.)— 3-15 Co.____, preferred 2- 6-15 $5 1 3- $5 2-15 3-15 Refrigerator Seiberling 2 $5 2-19 4- (qu&r.I, Packers, 3- 1 12 %c Calgary & Edmonton Canada 4- 3-10 $1.43% (quar.) ______ preferred 3-10 50c (quar.)__ Bascom Inc. 2-19 18 %c j___;.l_ZZZZZZZZZZ "(quar. )Z (quar. Co. 1 __ (quar.) Go sett 3- 112'/2c Refractories, Inc., 5%% pfd Iron Works Carp, (quar.) Bath Bell 115c ______ (quar.) Corp. 2-12 (quar) com, % % Jamaica 2-19 1 (quar.)_ ____ Co. 1 3- 4 $1.76 3- $1.11 & Gas, Southern 1 3-10 10c (quar.) preferred Iowa (quar.) (quar.) Mining Interstate 2-19 3- 14c Z"~ __ (quar.) (W. Barium Co., Ltd., 1 $1.15 _ , (quar) B/G Foods, Barber ____ Mines, Ltd Electric Service Class 3- Seeger common (quar.) Lines, Inc. (quar.)— Sherwin-Williams Co. of Canada, Ltd.— 7% preferred (quar.)_____ Corp., Sound $4 2-19 30c class Class B 1 2-15 3- preferred Extra A International 3-11 3- 125c Ashdown Atlantic Gas Light, 3-25 (reduced) Seatrain Shenango Co., International 3 50c Co Howe 1 3- Scythes & Co., Ltd., 3-19 2 3-31 2-19 Hoskins Mfg. Co 2-23 2 3-15 I2V2C Writing Paper Corp. (quar.)__ Archer-Daniel.s-Midland Auto 3- 25c 2-19 3- 2-19 Chocolate Homestake * 3-15 Paper Co., Oil (quar.) (quar.) Joseph Lead Co 3-15 preferred Hiawatha 1 (quar.)_ Transit Corp. Corp. 3- 1 3- 8 37!/^c 34%c 50c 10c 20c 50c $5 t2oe %3VUc 12Vic 25c (quar.) Co. pid. (annual) 5 125c (quar.) preferred 4'/4% H.) (quar.) preferred J.) (H. Security Banknote Co., $1 pfd. 1. - 30c preferred (H. (quar.) $1.05 $1.10 preferred Hershey 5 3- St. 15c t25c t25c __ (quar.) St. Louis Southwestern Ry., 5% 2- 425c (quar.) 4V2% 2-18 1 Rowe 2-24 12-31 30c (quar.) Heinz 2-10 3-15 A A Hammermili 5 2-22 2-20 1 9 $1.25 $4.50 preferred (quar.) Hajoca Cori), (quar.) 2-24 1 40c (quar.) Z1ZZ Z (quar.)____________Z ZZ preferred American 3 12c (quar.) American 3- 3-19 25c (quar.) 7% 1 3- Rochester 32- 5% (quar.) class A preferred preferred conv. 3-24 1 Myers, Inc., common Robertson 2-10 2-25 lc I (quar.) partic. Payable of Ree. 35c 40c 37'/2C 25c Co Co. Participating 5'/2% 4- 30c (quar.) Holder• When Share (Texas) Robertshaw-Fulton Controls Co., com. (quar.) 1 3- 3-15 $2.75 pfd. (s-a) (quar.)__ Led,, $4.40 3-15 30c __ com. 3- 3-31 $3 1 „_ (quar.)_L 3-15 15c (quar.)_____ Co. Co., $4,44 1 $1.75 __ ~ 3- $1.50 5 2-11 31 Vic 5'A% (quar. $4.20 2-23 3-15 3- 1 Corp.— Hydraulics (quar.) Gulf States Utilities Co., common 3-18 50c (quar.) & A Class 3-27 3-10 3-15 3- 2-26 22c Supply Class 1 4- 75c 25c a 2'Ac Greer 4-10 62 '/2 c _______ Motorists Insurance Co, News Co. (bi-monthly) American 7% $1.25 Rubber Class 2-12 (increased) Sl'Ac preferred (quar.)_____ Grafton 3-11 2-26 Indemnity (Md.) (s-a)j Hospital Supply Corp. (quar.) American $1.12'A Telephone Co. of Wisconsin— preferred (quar.)_ —; Globe-Union, Inc. (quar.)____ 2-15 3- 50c 1 3-31 $5 2-18 25c _ _____ Co. (quar.)__ Encaustic Tiling n 50c _______ Robbins & General' , 3-26 1 3-15 4- Boston___ Builders Goodall 4-20 3- (s-a) preferred American 75c 3- _______Z___Z Co, Dairies, 2-18 $1 (quar.) Chicle 1 5'% 2-10 25c 3-31 Oil Richardson 40c —___ Ranch Rice 1 Insurance 2-15 25c (quar.) Fort Wayne & Jackson RR., 2-15 . Fund General 2-10 (quar.) common Board 1 2-25 __ Mig. Aggregates, American 3- 3- Name of Company Republic 1 3- * B Formula 1 2-25 3-15 (quar.) , (quar.)_____ : Ford Motor, Ltd., Amer. dep. receipts pfd. 2-19 $1.50 _____ (quar.) Aluminum Goods __ (quar.)— Light Co,, common preferred Class 1 3- 3-10 12'/2C ____ common 3- 3-10 $1.37 »/2 (quar.) (quar./ 3-10 15c Machines (quar.)_; Corp., preferred Inc. Machinery & Chemical Corp.—* preferred (quar.)—_ Forbes & Wallace, class A (quar.) 2-18 3-12 12 V2C (quar. (quar.) Stores 4% Gas preferred preferred Gas Allis (quar.)Z Casting Corp. Natural Finance, 6%, C.) Shops, 2-26 Food of Rec, 12'/2C Allied 5.50% (quar.) Co Rubber Power & 4'A% Holders Payable 40c __ Alabama-Tennessee Allied ! When Share iquar.) Advance Aluminum Extra & Gregg 3'/4% Per Co. Farmer Candy 3-10 12'Ac 75c 37'Ac — Monday, February 15, 1954 . Per Payable of Rec. 87 Vic (quar.)__ gtd. ; Coe Florida 7% RR., (quar.) Faultless the Name of Company Steel Pittsburgh Fanny payment date. Acme Mfg. When Share of Company Faber, an¬ payments previ¬ ously, announced, but which have not yet reached their we & Ero grouped in two separate are during the current week. second a the Name . Holders Per DIVIDENDS . 4- 1 3- 3- 1 1 3-18 Co. (quar.) 30c ,. 50c 2-17 4- Cast Steel Cement Co. (Continued on page 50) 2-15 Number 5299 Volume 179 ... The Commercial and Financial Chronicle \ (723) 15- Stock Record «>» New York Stock Exchange DAILY RANGE OF PRICES WEEKLY VOLUME OF YRADING YEARLY RANGE OF SALE PRICES FOR EVERY LISTED ISSUE 5^ Ranee for STOCKS Previous Range Since Year 1953 47% Jan 22 Jun 25 8'A Sep 5 Jan 29 112 14 99 Lowest Highest Lowest 39 % Sep 10% July 3 44% Jan 106 Jan NEW YORK Jan. 1 7, 9% Jan 6 47 Feb 9 108 Jan 18 111/8 Jan 19 3% Sep 15 6% Jan 23 5% Jan 5 7 % Feb Dec 31 26% Jan 6 20% Jan 4 22'/a Feb ,25% Sep 14 35% Jan 2 27% Jan 4 30% Jan 23 y2 Dec 29 36% Feb 25 24% Jan 4 29 Feb Jun 16 59% Jan 27 58 Jan 5 61% Jan 6 19 Jan 4 21 Jan 27 20 48 32% Jan - 2 6 7% Jan 4 8 % Feb 12 49% Feb 5 50y2 Jan 6 8 29% Jan 8 24 4 25 Feb 3 Oct 15 114% Jan 26 17 70 15 Express Gas Mjuipment w 4 107 Jan 3 156 Feb 3 4 2% Jan 28 Alaska 11 Aldens Inc 20% Jan 72 4 24% Feb Jan 12 Feb 4 3% Jan 4 75 4% Feb 10 12 154% Jan 19 130 Sep 15 78 Oct 9 81 Aug 24 25% Sep 15 39 Jan 6 28% Jan 4 33 Jan 25 Feb 4 98 Jan 13 101 Feb 5 May 8 93 Jan 8 94 Jan 15 10% Mar 3 8% Jan 6 9 % Feb 5 Allen Industries Sep 1 104 87% Sep 18 98 8% Oct 6 91 146 80 Jan Jan 6 89% Feb 6% 6% 6 3/8 21% 21% 21% 21% 30% 30% 30% 30% 20% 27% 27% 28 28 28% 29 61 61 61 61 59 34 60% 20% 19% 20 193A 19% 9 7 6% 30% 28 Va 28% *28 29 700 60 *59 60 1,300 20 3,600 19% 83/a 8% 8 3/8 8'A 8% 8% 50 % *493A 50% *493A 50 »A *493A 24% 24% 243/a 24 Va 24'A 100 105% 105% 105% 105% *105 106 100 156 156 157 Va *156 157% 5 2% *156 2% 2% 2% *733/8 74% 110 41/4 4% 4Vi 34,800 73% *73% 74% 4% 4% 4% *145 No par 1 87% 88% 32% 32% 89% 32% No par *100 103 *100 100 preferred 94 94 93 Allegheny & West Ry 6% gtd 1 Inc 9'A 9% 9% 89% 150 89% *88 323/8 32 % 103 32% *100 103 *93 93% 94 9% 9% 9% . 4 149% 87 32% *100 *93 9% 88 - 700 78% 13,700 17 17 78% Feb 11 X77 % 78% 78% 78% 77% 78'A 20 Allied Chemical & Dye Kid Co No par 18% Jan 5 17% 17% 17% 17% 17% 17% 17 17 28 33 Jan 8 26 Jan 4 29% Jan 27 Allied Mills No par 28% 28% 29 29 Vb 29 29 21 40% Jan 3 37% Jan 4 42% Feb 11 Allied Stores 40% 40 40% 21 Corp common—No par 100 39% 96% Jan 96% *96 96% 49% Feb 11 Feb 11 Sep 22 94 14 59% Jan Nov 4 90 Jan 5 2 45% Jan 4 100 AUis-Chalmers 3%% Mfg 20 common convertible preferred 93% Jan 8 May 25 43% Jan 4 46% Feb 8 Dec 10 58% Jan 4 64% Feb 5 Aluminum Co 41% Apr 21 54% Jan 20 47 Jan 11 53% Feb 12 Aluminium 1% Dec 29 3% Mar 24 1% Jan 5 Feb 8 30% Dec 24 36% Mar 24 16% Jun 29 19% Mar 18 19% Feb 10 Amalgamated Amerada 14 3 Amalgamated Jan 11 14 189% Jan 5 166 Jan 4 180% Feb 12 55% Nov 2 75% Jan 6 57 Jan 7 61% Feb 5 11% Dec 31 15% Jan 8 11% Jan 4 13% Jan 29 70% Dec 29 84% Feb 4 70% Jan 4 79% Feb 8 3%% 29 Feb 1 American 50 Jun Nov 34% Sep 26% Jan 7 17 98% Jan 20 99% Jan 28 20% Feb 2 16% Jan 4 17% Feb 11 59 12 Jan 6 56 Jan 4 Feb 5 9 Jan 4 10% Feb 3 37% Jan 4 41% Feb 4 8 38% Feb 8 12% Jan 29 Feb 26 40% Jan 27 6% Aug 31 35 8 Dec 29% July 99 35% Jan 47 2 21 60 Sep 17 97% Jan 8 Feb 10 12% Sep 15 15% Mar 19 14% Jan 4 16% Feb 12 13% Sep 11 15% Mar 20 15 12 16% Feb 11 91 103% Feb 20 ' 100 ! 15 Feb 3% Sep 31% Feb 11 15 9 American 16% Jun 6% May 40 Nov Airlines Bakeries cum 2nd Corp Ctfs 3 5% Jan 20 American Cable 4 American Can 36% Jan 28 39 % Jan 9 44% Jan 4 45% Feb Jan 4 38% Feb 32 1% Radio & Co Corp 1% 8 27% Jan 48% Jan 4 31 Feb American Chain & 4 56 Feb American Chicle Co 22% Jan 7 American Sep May 41% Jun 14 9 4%% Crystal Sugar & 161/4 16% I6V4 *16V4 163A 17% 17% 171/4 171/4 1,400 5lA 5% 5% 5 Va 51/4 5% 5% II,300 38% 37% 37% 37 Va 37% 37% 373/8 II,900 1 5 % 5 37% 37% 5 37% Electric 33% Jan 5 35 Jan 20 American Gas 59% Jan 13 63 Jan 22 American Hawaiian & 45'A 453/8 373/8 37% 37 % 37 Va 37% 85 87 11 3% Feb 8 28 28% Feb 8 44% Jan 20 49% Jan 5 American 9% Jan 5 5 16 25% Mar 4 Jan 14 15 17% Jan 4 19% Feb 1 18 23% Jan 12 26% Jan 26 94 6% 30% 30% *55% 55% 55% 55% 23% 23% 23 % 23% 23% 23 23% 23 23 9,400 23% 23% 23% 23% 23% 23% 23'A 2,500 102% Feb 12 5%% 13% Jan 26 American 83% Dec 31 100% Mar 17 85% Jan 6 90 Feb 4 1% 19% Sep, 18 12 24% Mar 16 22% Jan 11 24 Jan 22 Amer 79% Jan 86% Dec 31 84% Jan 4 88% Jan 29 15% Sep 19% Feb 17% Jan 11 19% Jan 27 8 26% Feb 27 19% Jan 11 22 Feb 23 105% Feb 9 100% Jan 20 104 Feb 10 13% Sep 15 18% Feb 2 Jan 4 17% Jan 27 20% Feb 10 20% Feb 10 7 Sep 14 31% Jun 18 7% Jun~22 42 Dec 15 15 3 American Molasses American Natural 10 American News American 4 32 % Jan 4 36% Jan 26 34% Jan 7 36% Jan 21 15% Feb 13% Jan 4 Jan 8 6% Jan 4 Feb 3 2 8% Jun 23 6 24% Nov 30 41% Dec 15 65% Jan 30 42% Jan 13 25% Sep 14 44 27% Jan 4 Jun 25 159% Jan 5 144% Jan 4 35% Dec 18 40% Aug 10 127 Feb 2 36% Jan 27 117% Dec 30 25% Sep 21 36 6 Mar 20 47% Nov 24 38 Feb 2 49 Sep 15 58 120% Sep 24 134 14 10 16% July 30 161% Jan 5 May 12 Feb 19 23 20 15% Jan 9 Jan 25 1% 174 Safety Seating 31 Jan 154% Feb 26 11 44% Jan 4 American 54% Feb 9 American Sugar Refining Feb 8 Jan 130 121% Jan 11% Feb 14 Jan 4 160% Feb 9 59% Jan 12 65% Jan 28 126% Jan 14 138% Feb 10 156 Jan 60% Jan 5 33% Jan Jan 7 113% Jan 10% Feb 2 15 37% Jan 5 10 11 57 Sep 59 Sep 11 14 68 Sep 21 29 Dec 29 43% Sep 15 27% Jan"~2 4 119% Feb 11 Jan 22 10% Feb 1 25% Jan 119 8 26% Feb 8 10 15% Jan 4 17% Feb 8 93 Feb 4 95% Feb 4 94% Dec 17 79 Jan 4 89% Dec 17 82% Jan 12 21% Jan 5 12% Jan 97 6 73 4 13% Jan 15 Jan 28 75% Feb 10 45% Feb 26 29% Jan 4 32% Feb 10 Jan 30 45% Jan 57 Jan 4 48% Jan 25 31% Dec 9 30 Jan 5 34% Feb 8 94 Jun 25 106% Mar S 100 Jan 6 Feb 8 32 Nov 25 5 33% Jan 12 38% Feb 2 40% Sep 15 29 2% Nov 24 14 45 Jan 6 43% Jan 4 49% Feb 12 15% Feb 26 8% Jan 20 9% Jan 15 7 2% Feb 11 3% Jan 22 32% Jan 4 57% May 5 52 Jan Jan For footnotes see page 106 9 28. 38% Jan 29 79,700 13,600 60 60 34 % 343/a 60 3A 60% 60% 3% 3 3/8 29% 47% 3% 3% 3% 3% 28% 28% 28% *27% 46% 46% X46% 47 % . 8% *94 *102 102% 13% 13% 90% *90 *102 13% *90 47 *59% *27% 29% *27V4 29% 200 47% 47% 47% 47% 4,600 9 9 9 9 95 *94 96 :■ 19% 19 19 24% 13% 90 3A < 243/4 *102 13% *90 24% 102% 13% 90% 243/4 *102 13% *90 24% 103 9 9 a *93 103 600 *31/4 *19 19% 3% 3/8 3 96 9 60 *94 19 1,400 96 19 3,600 200 24% 24% 102% » 102% 10 5,800 13% 13% 13% 90% 90 90 4,000 200 22% 22% 22% 22% 87% 87% 87% 87% 18 Va 18% *181/4 18 3/a 1,600 21 21% 21% 213A 21% 21% 21% 21% 211/4 21% 2,800 23 % *87 *103% 2 16% * 23% 23 23% 23 87% *87 87% *87 104 *103% 105 104 104 *104 105% •1041/4 105% 6,500 30 16% 16% 50 20 16% 16% 16% 16% 163/4 163/4 3,000 20% 16% 20% 20% 20% 203/4 203/4 2,200 ~7% ~7*% *7% "8 *73/4 8 *7% 73/4 900 No par 41 41% 40% 41% 40% 41 40% 41 '/a 413/. 41% 12,400 22% 22% 23 % 23% 23% 23% 23% 233A 23 Va 23% 4,200 34% 35% 35 35% 353/8 35 3a 35 Va 35% 35 353/8 No par 35 35% 35% 35% 35% 35% 35V4 35 Va 35 3A 35% 2,100 15% 153/a 15% 15% 15% 15 Va 153/4 151% •174 153A 35,300 100 5 10 Co—No par No par 100 25 noncumulative preferred—100 15% *174 175 *174 175 *174 175 *174 73/8 175 7% 4,200 175 6% 6% 63/4 6% 6% 6% 6% *6% 63A 1,800 23% 23% 23 23% 23% 23% 23V8 23% 23% 233/a 2,300 46% 47% 46 46 3A 45% 46 45% 45% 451/4 45% 410 30% 20,600 30% 30% 151% 152% 37% 121 37% 65/b 30 152% 37 121% *121% 30% 153 37 30% 303A 30% 30% 152% 1533A 153% 154% 36% 123 123 37 123 36% *123 301/4 153 < 153% 37 37 37 124 •123 124 620 1,200 GO American Steel Foundriei——No par 29% 30 30 30 30 30% 30% 30% 30% 30% 4,700 -1 47% 47% 47 473A 47% 47% 47 47% 47% 47'A 1,600 1% Co Stores preferred com—100 100 American Sumatra Tobacco———0 American Tel American 6% American 6% Tel & Co —100 Viscose 54% 129 11% 159% 25 Corp com preferred 62% 100 25 100 Tobacco common preferred 136% 35% 119 543/8 130 11% 159% 63% 138 36% 119 543A 129 11% 159% 62% 138 54 3A 130 54% 129% 11% 11% 160% 160% 633/a 138 62% 138 54% 54% *54% 55 129 Va 129% 129 Va 130 860 11% 11% 11% *113A 12 1,100 160% 160 3/a 160% 160% 54% 130 62% 60 613/4 59% 138% 137 138% 135% 35% 36% 35% 35% 35% 119% 119 % *118 3A 119% 119% 36 119% ^35 3/a 600 1603/4 60,900 603/4 29,700 137 36% 119 950 16,100 250 0 10% 103A 10% 103A 10% 10% 10% 10% 10% 10% 26% 26% X26% 26% 25% 26 Va 26 26 25 253A 25% 1,500 17% 17% 17% 17% 17% 17% 16% 171/4 16% 17 'A 15,800 American Woolen common—No par 88 Va 88 Va 88% 88% 89V4 88 89 American Water Works Co Inc Preferred 6% series 4,300 1,100 100 89% 91% 88 88% 91% 85% 87 Va 86% 87% 86 86% 85% 86% 3,640 $4 conv prior preference—No par Amer Zinc Lead & Smelt com 1 12% 12% 13 13 13 12% 12% 123/4 12% 2,100 25 50 *74% No par 47% 48 34 34% 7% $5 preferred prior Anaconda conv preferred Copper Mining— Anaconda Wire & Cable Anchor 25% Aug 27 9% 343A 34% 28% 11,900 9 3/a 34% 60% 1 15 9% 34 Va 61 3% 14% 15 9% 87% 18% common 11 3 9 Co 47% Feb 27 4 Snuff 30% Feb 5 6% 143/4 34% 23 Co preferred American 10 18% Razor—. 26% Jan 77% Aug Jun cl B 15 123 14% 343% 1 American Ship Building Amer Smelt & Refg com IJc 93/4 • 18% preferred American 9% 60% Sany common—0 Std American 143% Oct 111% Dec & 13 50% Jan 27 24 22 Rad 7% Jan 21 24% Jan 59% Dec 23 35% Oct Amer Potash & Cliem Amer 14% 14% No par — 22 50 9% No par Co Co Jan Jan 14 18% Co Gas 37% Jan 119 143/s 9% 9% No par Optical Co 20% Jan 169 14% 18% preferred convertible 8 19 Mar 27 Jan 5%% 7% Feb 39% Mar 24 6 300 100 41% Jan 36% Jan 171% Feb 3,900 18% preferred 5 5 11 4%% 12 16 4 8% 28% No par American Metal Products Co 7% Jan 28% Sep 12% Sep 30 8% 28% 9 com 39% Jan 29% Jan 37 8% 29% __ 23% Feb 31 8 3/8 *28'A 34% 100 7 100 400 8% 28% —0 1 35 8% 95 - Ltd *34% 100 28 3/4 9 preferred Co 34 3A 34% 40 20,000 83/a 34% 100 93 47% 1293/a 47 1293/a 28% *93 common *92 91% 48 Va 128% 8% 1 prior preferred Metal 35 91% 47 *128 *28% ,1-50 Amer Machine & Metals Amer 48 8% No par preferred 35 35% 93 1283A 10 Mach & Fdry common 3.90% *128 28 3A preferred—100 Locomotive 47% 47% 2,600 8% X24 3/8 4 94% Jun *35 *91% 93 134 Va *28% 25% 19 16 *129 24% 12% Jan 2 35% *35 47% 1 100% Jan 2,500 293A 55% 23 American Investment Co of 111 4 31 29 3A 55% *18% 18% Mar 26 104% Dec 30% 87% 56 19% 25 4,200 293A *18% 23 4,900 86 Va 29% 88% 87 American International Corp.No par Jun 37V2 86 87 Products— noncumulative 12% Dec 45% 373/8 86 55% preferred Home 45% 37% *45 Va 30% com American Ice Co common Feb 8% Jan 92 convertible 800 46 37 Va / 85 Va 55% Co- American Hide & Leather Jan 6 45% 45% 37% 2,700 30% Co SS Jan Nov 45'A 45% 25 Foreign Power—No par 3 21% Sep if* 16 3/a 16'A 17% prior 26 22% Jan Sep 16% 16 10 5% Mar 25 15 30 Cable 29 8% Dec 31 49,300 16% 17% American 94 I,100 153/4 American 6% 100 3,000 1003A 15% 10 3 *993/4 100 17 5/8 11 Aug IOO 13,200 38 15% Feb 67 100 100 10% 42% 38 15% Feb 31 373A 17% 15 Dec 373A 38 15% 10 16% Sep Dec 37% 17% 4 9 8 37% 42% 15% 5 9 10 *40% 59% 9 3/8 *40 Va 591% 93/4 42% 120 17% 4 23 11% Sep 37% 10 I,200 15 % 8% Jan Jan 13% Sep *40% 20 17% 17% *58 993A 13% Jan 26 *58 10% 10% 41% 38% 37% 59% 17% 15% 26% Jan Jan 8% Feb 28% Feb 10 *58% 17% 99 4 37 4 60 10 41% 10% 17% 15% 20 7 Jan 8 17% 99% 99 May 25 31% Jan 100 41% 9% 13 15% 17% Feb 6"% Jan 9 60 12% 99 31 % Jan 48% Dec 29 152% Jun 60 59% *41 135 15 128% Dec 2 *131% 24 Apr 17 Va 6 26% Dec 12 17% 17% Jan 36% Jun 136 *98 23% 39% May 27 Jan 99% *91% 35 Jun *98 23% 18 6 *98 48 27% Jun 16% July 99% 91% 11 148 1,500 99% 100 23% 2 20% Dec 1,000 28% 28 47% 19 18% Jun 79% 91% Feb 99 12% 79'A com—10 12 % NOV 86 12% 28 preferred 100 Cyanamjd Co com 10 3 % % conv preferred series B.100 American Distilling Co 20 American Encaustic Tilings. 1 American European Secur—-No par American Export Lines Inc40o 5 31,200 12% 28V4 American 7 900 79% 8 8% Jan 61% 12% 9 39% Jan 300 8,200 61 61 1803A 79% 19 26 19% *19% 180 28 91% Feb Jan 35 *32% 20 283A 48% Jan 131 60 3A 36 180% 79% 4 29 *19% *78% 29 Jan 180'A 62 *61 *32% 179 x28 Va Jan 128 179% 62 193/4 12% Jan 151 180 5/8 33 29 22 23% Feb 193/4 79% 91 5 *32% 123A 45% Jan lo 2% Dec *61 6 30 Jan 178% 55% Jan 15 48 178% 25% May 27 96% Mar 4 6% Jun Oct 193/4 6 28% Sep 8 38 *19% 9 3 117% Jun 26 177% *32% 19% 19% 54% Colortype Co 90 36 *32 28% 100 73 % Jan 51 21 12,700 No par 85% Mar 18 34% Jan 26 24 17 2% No par preferred 29 14 23% Dec 23/8 3/4 25 Sep 2 3 2 3 *78y/4 12.50 preferred Dec 16% Jan 2% 2% 1 common 72 23% Feb 10 2% 3 2,400 1 American Car & Fdry common 88% Feb 21,300 79% 100 common 44% Apr 18 9,800 53% 17% common 26 Dec 61% 52% 46 3 20 17% Feb 27 613/8 52 10 preferred 4 45% Nov 463/a 623/8 52% 28% common of Interest In 11 49% May 25 46 3/a 61% 52% *99 % preferred Inc 4% Jan 23 8 63% 51% 46% Broadcasting-Paramount Theatres 16% Jan 14 46% 62% 51% 12% No par 1 30% Sep 46 633A 51% 12% Amer Brake Shoe Co com 12 40 % Apr 46 63% 700 78% 5%%—50 6% x46% 64'A 52 % 100 J952 convertible 46 % 100 61% ser 4% 98'A 46% 100 61% 80 Bosch preferred 98% com—No par preferred 6% American 19,000 99 99% 100 Co pfd conv 493/8 99 49% 99 —1 common preferred conv American Bank Note common Amer Jan 1 Corp No par Chemical—No par Amer Agricultural 4%% 60 (The) 100 491/4 49% 48% 2% preferred Sugar Co 49% 49 Va 1 Co com 12,200 96 3A 99 51% Petroleum 148% Oct 26% Sep 15 93% Aug 20 5 14% Nov Leather 1,400 41% 41% *96 99 63% America convertible 6% 19 of 96% 483A 1 Limited 118% Jan 8 Sep 42% 96% 49% 48% No par Alpha Portland Cement—r 62 Oct 40 *96 100 No par 2 52 % 42% Apr 23 86 40% 9634 1,900 291/4 29 40% ' * ~40 77% 8 87 94 9% 11 *96 50 6,500 102'A *93 < 300 *9% Feb 40% 32% 32% 9% 17 29 88 *86 *100 94 Mar 25 29 151 4,900 78% 22 preferred 241/4 151 32% 76% Jan 41% Oct ■* 24 102 >/4 35% Sep ... *21/4 149% 29 4% 3,500 74% 23% 73% 100 Alleghany Ludlum Steel Corp 70 23/8 *73% 23% 75 4 *156 800 157% 23% 23% 74 150 105% *156 24% 23% *146 157% 23% 1 150 105% 106 9,600 12,700 2V4 100 4 24% 2% 23 3A 4% 105% *156 8% 501/4 24 2% 24% Oct , 19% 8% 15 72% Jan 2,200 2 4 3/8 Dec 2 303/8 *49% Sep . 4,000 303/8 19% 22% 8% *2% 7,000 18,800 30% *59 78 17 7 213/8 24% 10 9,400 27% Allied 62 10% 21% 50% preferred A prior preferred conv $4 6% 7 10% 10% 8'A 6%% 14.375 cum 30% 10% 107 24% 4%% preferred Alleghany Corp common 14 5 10% V Shares 46 V2 *106 108 1*49% common Sep Jan 10% *106'A 46% 1 pfd 1951 series & Vicksburg Ry Gold Mining 3 152 10% 108 Feb. 12 46% 50 com Juneau 27 *106% the Week Friday Feb. 11 463/a common—No par w Inc 2% Jan 31 108 6% l $3 preferred 4.50% *106% Sales for Thursday 463/a 21% 1 Air Reduction Alabama 46% 10% PRICES Feb. 10 47 6% No par Corp Affiliated Wednesday Feb. 9 46% 21% Co 155% Feb 5% Mar 25 10% SALE 2.50 Corp 105% Jan 14 108 HIGH lo 5 Feb 74 Co Co Mar 11 3% Apr 21% Dec Aug 10 Steel 46% 19% 22% Oct 160 Motors Admiral 10 3 ACF-Brill 10% Addressograph-Multigraph Corp..10 Nov 11 1 Corp Adams-Mlllis 52 Jun Vending Adams 3 Sep Sep ABC *106% 10 31 2 1Q0 preferred 45% 19 14 150 4% Tuesday Feb. 8 f 26 7% Sep 101 Par . Laboratories Abbott Acme 18% Dec Jan Monday 12 49% Sep 10% Mar LOW AND EXCHANGE- Highest 20 - STOCK Hocking Glass Corp— Common 6.25 No par Anderson Clayton & Co .21.80 Anderson-Prlchard Oil Corp—10 Andes Copper Mining 14 A P W Products Co Inc 8 54 preferred Archer-Daniels-Midland No par 12% 32 106 37% 47% *8'/a 76 •75 74% 75% 32% 32% 32% 31% 32% 32% 47 % 48'A 48% 48% 48 48% 48 3/a 333A *105% 343A 106% *105V4 37% 37% 37% 47 Va 47% 47% *8% '9 106 9 *74% 31% 3 363/4 *74% 76 76 32% 37 36% 3 363/4 33% 37 47% 33% 33% 36 33% 20 321/4 48% 25,300 333A 10,000 640 10 106 *1051/4 •105'A 106 37 36% 363/4 36% 37 2,000 47'A 47% 47% 9% 473A 493/4 4,800 2% 36'A *2% 3 700 36 % 37 6,700 *8% *2% 34% 76% 3% 36 3A 2% 36 106 *8% 9 200 # 16 The Commercial and Financial Chronicle (724) »■* ' \ w NEW YORK STOCK RECORD Range Since Year 19531 16 Jan. 1 NEW 14 8% Sep 23% Mar 27 17% Jan 4 -21% Feb 14" Sep 30% Sep 43% Jan 33% Jan 4 Feb 93 87 Jan Jan STOCK 11 Monday Argo Oil Corp l ttteel Aiiflco Illinois of Armour 5 Feb 11 $6 conv prior preferred Armstrong Cork Co com 6 99 % Feb Jan 14 126% Feb 11 16% May 28 16 Jan 13 17% Feb 12 6% Jan 26 No preferred preferred—No Corp Artloom Carpel Co Inc No Jan 26 Arvtn 5'/a Jan 4 Jan 13 $3.75 . convertible $4 21% 36%* 36% 10% 10% 10 10% 9% 10 9% 93 94 61 114 Arnold 20%. 37 94% 7 , 21% 36% 94 2 9 20% 36% 59^4 23 93% Jan 21%, 59% Jan par "98% par "118% 5 "16% par 5% Constable Shares 21 % 95 % 19% Jan 97 tWe WeeS 36% 95 117% Dec Friday Feb. 12 21% 59 % 21 - 36% No par 24 Sales tp& Thursday Feb. 11 <. 20%' No par 89% Sep 64 Wednesday: PRICES 36 % 36% 10% 102 Va Sep 29 % SALE Feb. 10 10% 15 53"% Dec 'r IIIGIT "Feb. 9 19 36% com—„_5 2 Sep 48% Feb 9 xl9%> 10 AND Tuesday Feb. K 5 —, corp Co & Par 95% Feb 7 57 Mar 25 10 -10% Feb 4 8% Jan 12% Mar 26 15 77 5 YORK LOW EXCHANGE Highest Lowest Highest' Lowest Monday, February 15, 1954 . ' * STOCKS Range far- Previous " ^ ,r 4 99 99''2 93% 119% x61 118% 17 "16% 17 6 5% , 121 % 98% 121' ' "93 62 9.1 "16% 17 17 ' 17 13,200 190 39% - 126 1,200 63% "98% 126 %•■ 20,900 93% 62 34 99 " 123% 10,200 , 9% 93 64 63 99 123 . 94 25,800 • . 126 340 17% 17% 5% 5% ' 500 30 10% Mar 26 25% Sep 11% Sep 14 32% Jan 15 18% Mar 25 11% Jan 4 14% Jan 20 Ashland 1 13% 13% 13% 13% 13% 13% 23 Jan 4 26% Jan 18 2nd preferred $1.50 series__No par Associated Dry Goods Corp— 13% 13% 14 29 13% Dec 13% 25% 25% 25% 25% 25% 25% 25% 25% "25% 25% 1,500 20% Jan 29 20% 3,800 1 5% Dec 22 26 27 Mar 27 - 18% Jan 22% Mar 11 15 89% Sep 92% July 3 100 4 Jan 22 93% Jan 6 98 Feo 99% Apr 2 22 96 Jan 13 99 s. 31% Jan 5 92% Jan 35% Feb 4 8 Mar 25 Common Feb 14 23 57% Jan 13 54% Jan 4 59% Feb 5 18 30% Nov 30 29% Jan 13 33% Jan 28 8 83% Dec 29 119% Jan 97% Mar 25 92 Jan 5 97% Feb Jan 4 92% Feb 5% 26 19 58% Dec 33%. Jan Jan 28% Jun 30% Feb 2 99 5 16 16 56% Jan 6 58 2 27% Jan 4 32% Feb 95% Jan 98% Feb 30% Feb, 12 34% Jan 4 38'A Feb Ex 11 Jan 4 4 29 Feb 10 36% Mar 27 Gulf 94 % July 16 1Q8 % Mar 18 16% Dec 27 15 4% Dec 28 Dec 26% 9 4 106% Jan 18 4% 16%. Jan. 22 16% Jan 22 Atlas "5 Jan Feb 13 5% Jan. 27 W convertible Tack I 15% Feb 8 17% Jan 21 Automatic 26 4% Jan 4 5% Jan 25 26 37% Jan 4 40% Feb 12 34% , 100% 53% 30 % 19% - 26% 20% 97% 97 98 34%. 34% - "5'. 10 58 *97 ' * 98 I ' *98% 58 33% 32% 31% 98' 97%. 98 29% 29% 29% 29% 20 38 38 37% 105 "5%. Amer of .5 16% 3 4% 40 par 7,400 58 %.. 53% 1,900 31 30% 30% 1,100 97% *9774. 98 ,: - - -21% 91% / 53 , 32 • 38 • 38 % * 106% 106 "16% 17- > 5% "5% 5% 5% "15% 15% *15% 15% 17 17% 17% 5 4% 5 "40% 41 .17-17 474. 98% ' 98% 910 30 :30% 5,200 38 1-200 106 460 3774, 106 17 ■; 1674 ' 5% 5 *15% 15% *15%. 17' ' 4%. -i- t 40% 500 100 17 474 ' : 100 5% 15% 17 17% 5 40% - . 23,200 1674 5% s. 32 * 38 i- 200 59% 3174- 107 • 3,200 .98%. 38 5 >40% % 41 *53% 330 91%: 91%. *106 . 97% /' 92 %t 30 .*!'.* 16% . 5% 15 % ■ 29% 4,- *97 32 % 98 29% •-38% *16%/. 17 32 r 98 % r 59%, • *58% 32% *97% 1 -29%, 106% 105%, 17 ' 99%. 100% 58%: 30% 40 15% No par (The) common .preferred—No 105% "16% No par — 2,600 57% 58 / 32 % 97% - 1007V 80 ' 34 %. 31% 91 ; , ^ 32 100 . pfd series A Co 100 200 .98% 97 91% \ "57 700 10,200 30% .. 98 91." 100% 58% / 58% 31 "96% 700 26% 20 98 93 35 " 100 58% ' -5, Canteen conv 29% 100 prior prep ($1.20) $2.25 35% . 26% 98 r • ' 97 98 26% 20% 97 5% ' Lines— Avco Mfg Corp 8%. Feb Conv 19% 98 ' 58 X9191 % common——No par 20 r 20 "5% i!6% 26% .. 98 31% 95%, No par SS Corp Nichols Austin 197s "96% 100% 58 "3.0% 100 UR (voting) 16% Feb*" 3 52 % Feb 99% 10 $3.75 series B- 15 4% Dec 18 36% Dec 29- 35 20 35%, 50 & 17% Mar Jan 35% — Line 16% Mar 13 6 97 50 distribution Refining common Common 9 7% Mar 17 13% Jan 104 98 10 Atlas Corp — Atlas Powder— 7 Jan 96% "97 liquidating Preferred 10 x96% Electric Co Coast Atlantic 7 31% Apr 24 Xl9% 5% .5% & Santa Fe— — City Atlantic 4 22 1 preferred 4% 10 85 2 25% Sep 14 80% July 1 15 26 % J 00 — —.—- Preferred Atlantic Atlantic Nov 26%. 100 preferred Common 5 Sep 49 2.50 L 1st Atchison Topeka 101 50% Jun , Ine-^ Refining Co 2nd preferred Associates Investment Co 3 25% Feb 88% July & 6% l Jan 103 Oil 5.25% Jan. 28 32 26% Sep 25 86 Industries ' 18% Sep ( 6 40% 3,000 5 13,500 40% 300 B 4% Dec 35% Jan 8 Sep 22 Jan* 16 7 1 4 4% Jan 4574 Dec 21 427k Jan 7 1174 Mar 26 11' 1 47% Jaji 14 14 5% Feb 27 Babcock. & 9% Jan 19 Baldwin-Lima-Hamilton 30% Mar 19 8.74 Jan 1874 Jan 39 Dec 29 48% Mar 25 39% Jan 4' 42% Feb 9 16 Dec 29 22% Mar 17 16% Jan 4 187a Feb 12 67 'Jun 9 76% Mar 17 68 V2 Jan 11 69 % Feb 2 18% Dec 29 38 11 207k Feb 3774 Jan 93 Jun 11% Feb 20% Jan 42%. Dec 12 4 443/4. Jan 21 118 Va Jan 21 374% 103 Feb 1 474% 11* 16 Jail 27 Jan 6 84 Jan 28 Beck Shoe 4 11'A Feb 12 Beech Jan 22 Beech 9 14% Jan 78 Dec 21 86%, May 8 81 9 Sep 14 16%Mar 20 31 May 19 33% Jan Jan 18 27 Feb 5 30% May 26, 29 Va. Jan 4 10% Dec 29 14 10'4 Jan Oct 50 Sep 1 14 33% Jun Jun 17 74 Dec * 4 26% Feb 12 Bell 4 21 % Jan 29 Bell & Feb 8 2Q 60 06% Jan 27 39% Dec 112 Dec 30 1%. Jan 2774 Jan 112 5 30 37% Jan 20 5 44% Sep 135% Jun 15 5774 Jan 146 3/4 Dec 63 Oct 16 31 6 1 % Jan 25% Feb 50 Jan 31% Apr 30 15% Sep 14 12% Sep 15 Jan 15 9% Jan 13 66'/a Jan 12 38%, Aug 26 22% Mar 17 213/4 Jan 36 74 Jan 13' 17'4 Jan 12- Jan Feb 40 Consol Co 4%% Black 12 * Co 18;%, Feb 9 25% Jan 11 30% Feb 12 Blockson 50% Dec 21 46 J4 Jan 8 5774. Feb 12 Boeing Airplane Jan 4 22 Va Jan 27 Bohn Jan ,26 257k Jail 11 Bon Ami Co 9% Jan 11 674 Jan 15 14,3/4. Aug 13 13% Jan 4 11 Jan 13 12 3 11 '/a Jan 52% Jan 14 61% Dec 16 58 74, Jan Mal' 5 93'A. Jan 12 11 49% Jan 7 5% Dec 31 1374 Mar 19 74% Jan 4 : 83% Fep 96% Feb 1 5174 Feb 12 4 26% Dec 31 774 Jan 19 3%% 467/4 Mar 9 26% Jan 25 2974 Jan 25% Jan 11 27% Feb 25 74 28 42 3/4, Feb 17% Sep 91 21 45% Jun 11 25% Jan 4 37% Jan 26 41 20 38 Jan 9 97 Jan 26 Jan 21 52 27 5 12 3774 Jan 13 10% Jan 91% Jan 7 8074 Feb Jun 10 13% Sep 14 78 17% Feb 11% Sep 5% Sep 15 10% Sep 15 1. 5 15 t . 3 12% Jan 30 9072 Jan 13% Feb 10 96 74 Feb 11 13% Mar 102 Jan 5474 Nov 27 5 2 74 Jan 11 5374 Feb 17% Apr 24 22 Dec 24 21 Dec 22'/a dan 5 29 34 24% Feb Jan 5 43%" Dec 21% Jan 4 25 lo 54 8% Dec 29 23% Sep 14 16% Sep 14 Jan 1374 Jan 30 fr 29. May 27 19% May 25 For footnotes Bee page 20; 44% Jan 87a Jan 28 4 4 47 74 Jan Feb* 10'4 Jan 8 18 1,174 11 7/8 12 59 59 ... 77% 78% 78 *95 *1174 9674 *51% 5174 51% 14/ 77 *9574 51% 51% 1374 • 12 5874 V59 7874 9674 *1174 , ' 59 74, 774/ • 14% 77a 1,900 24% 12 59 74' 120 14'/. 12 - 12 , 5974 5974 7774 77 77% 96 % 95%. 95 74' 51% 51% 5174 5174 76 5174 10,400 1,000 *95% 77% 96% 340 774. 14 674 63/4 674 674 2674 2674 26 74 2 6 74 26% 26% 2674 26% 2774 2774, 2774 2774 *27% 27% 27% 2774! 3,300 8,200 v 60 , 1,500 674 674 674 7 : 6% 26% *2734 ' •7 2674 2,300 ■ '1,200 28 700 22% 22%. 100 x2174 *97 22'/a *97 —40 *57% 58% Shoe 1 1274 14% 14% *62% 14 14 63 % 14 147k 14% 1474 *14 24 24»/a 24% 1474 2474 1,000 24'A 247k 247k 25 12% 12 % 24% 11,200 *76% 12% 16,500 29% pTd preferred common— (Philip) 11% X12 Va 12% 12 32 % 3134 38 11% 11% 28% 3174 *38 117 a 117a 32% 3174 3174 38'A 38 Va 38 % IIV2 11% 11 % 11% 12 • 17% 17% 17% 17 Va 1774 11% 11% 11% 12 12% 12%; 75 *70% 75 *119 >-50 37 37 13 >4 13% 137 k 13% 100 827a 82'2 —5 8'/a No par 17 lflo 101 a»/a 17 7 a 101 18.7a S 2374 *82 8 17 119% 23'4 *70 >/a 75 *70% 75 ' 177'a 177 k 17 1734 *1174 12 % 12% 12% 1187k • 8% 118 7 k >-» 03 119% 37% 38 33 13% 13% 13'A 13% 82% *82% 84 84 84 13,100 1,300 13 74 8% 17 18 % 700 83 82 Va 1017 a *23 *82 13% ' 17 187a 83 37 ■ 84 101% 18% * *81% 8,9p0 31,800 101 8% 8% 17 17 101'/a 101 *119 *38 8% 12074 10 ' 39 1,170 2,400 210 - 8% 1017k 874 1,100 16 74 17 17% 1,800 *100 18% 150 187k 187-a 18% 19% 13,400 2374 23% 101% 187k 2374 2374 23 74' 2374 1% 1% 17a 1% 23 34 174 174 3,100 174 134 1% 8 8 % 8 874 8 1% 8 74 11,900 8 8 74 7% 8 22 1.65% No par too No par 25 - No par Ino (The) *70 / No par Ltd— Ry 82 37 3,300 31% 38 *81'A 120 400 287V 31% 82 367/a 5,166 ,76 28 38'A 177'8 *11.9 12 28 'A *68% .100 *75% 12 Va *75% *81 73 76'A* 7674 28% 1 82 24'/2 2874 32 38 ; *75% ' *81 „_l _i—_ Capital Airlines Carborundum 77% 28 Va } —.—5 preferred- Pacific Carey 12% *76 7-2 X28 7A * 38% *38- lo Breweries 5 1 31% 12% 78: 29% 15 Bldg 7% Canadian 9 58 1274 63 7k 12% 100 I Canadian 33 % Ffeb *56% *62 % 100' Canada Southerly Ry Co— 19% Feb ' 4,500 63% common Packing Corp— .5 - 13 5,000 99 2874 13 5 Calumet & Hecla Inc Campbell W & C Foundry 13 58 2874 13 lo participating preferred Jan *97 63% 127a _5 prior 17% dan *56% ' 287V 13 1 Co Terminal MJlls 58 22 74 99 64 Co preferred 3%% preferred Cannon 28'/2 No par Canada Dry Ginger Ale com " 213/4 *97 - *62 new/ conv *5674 28% 13 5 4% $4.25 58% 21% 99 63% ^ Co common Bros 28% 1 Co preferred Butler 217a *97 ' 12% 15 No par conv *57 21% 99 28% 63- , $5 28% 7 74 No par Co, Inc Brunswlck-Bulke-Collender California .• 2174 100 28% Callahan Zinc-Lead . 9 8 1374 59% 287a 7%. 25 29 14 1174 No par Byron Jackson Co 28 7 *23 V2 59 com preferred Butte Copper & Zinc i Byers Co (A M) common— 11 22% Jan 2034 23 74 774 95% 2 50 common 374% preferred Brooklyn Union, Gas 4%% 12 20% Jan 2174 2374 774 -5 Burroughs Corp, 8 22 21% 2474 774 800 Bush Terminal 19 8 74 Jan 13% 21 21 23% 8 3 Co Burlington Mills Corp 1 27 1,% Feb Inc—1.25 — , 12 24'4 Jan 14 40,700 15,600 4 Jan 1374 *774 5774 39 Jan 1974 Feb 21 2374 74 56% : 37 Co Jan 21% 233i 8 100 5634 x56 10,400 383/4 83 . 21 24 *774 18,000 3074 > Bulova Watch Co Inc 874 Jan 21% 23%. 17% 23 29% 36% Bullard 18% Jan 21% *2274 2974, 3874 12 105 5 17% 1734, 2374 37 10 17a Jan 15 57 74 29% 38% 27 774 Jan 22 56% No par Ino Feb 2 Sep 56% 1774 *2274 - 100 Jin 2 86 % Oct 55 25 39 974 Mar 4674 Jan 553/8 100 Bearing Forge 374 Mar 10 54 37 Buffalo 7 29^ 2974 38 % 5 28 2734 Jan 1874 23% 29% 3774 29 6% Sep 15 20% Sep 24 22 17% *2274 2974 3,000 38% Brown 8 1 Va Dec 2 18% 2374 2874 No par . 27 20% Oct 2774 Jan 1774 *22% 2874 6,100 18 37 29 1674 Jan 18 23 2874 40 1774. 37 13% Jan 1 1774 23 . 20 39 . 39 : 3 18 15,100 36a4 4 4 39% 1774 1274 72 3874 1174 Jan Feb 38 74 18% 1,300 12 74 72' 74, 3974 5% 7% Jan 38 18 1874 2,100 19,600 37 Bush 100 37 37 18 12 72 547r4 36 74 7 *=*46 Va Feb 3674 18 74 1174 *7074 ' 32 74 153 3974 20 26 3774 II74 72 *6974 72 153 2,600 3874 Jan 12% Feb 1174 1174 "6974 547a 54%, 7,400 119% Jan 27% Mar 20 1174 72 32 7» 3274, 153%, 7% . 109% Mar lo 24% Mar 12 54% 153 2,400 2474 5 29 3274 5474 17,700 2 5^4 7% 36% Feb 30 32% 153% , 24 % July 15 16 Va Dec 152 540 74 25%. " 6%, cum conv preferred Browrt & Bigelow i, 26 Feb 5474 5474 152% 119 Iff. 2574, 24%/ 5 10274 Oct 11)7 4 , *115 74 25% 2574 7% Budd, (The) 84 22% 3274 54% 4,200 24% 19 14 32 15274 114 >4 3974 •7% 17% Feb 79% Jan 11474 ir 7,500 2474 1274 Jail 86 11674 7a 25% 6574 39%.- / 500 63% 7% 15% Feb 16, Mar 16 30 Aug 28 11574 16. lrt 11% 5 common 12 t 40 800 93% 24% 8 40 39% 1,200 20 *91% 774 4 9 4074 20 93 74. 24% 19 Jan 4074 25% 5574 2574 £ 26 34 ; 63 7 4 *9174 70 734 11% Feb 35 6374 120 15174 1 6474 74 32 %. 55 26 20 3 4 63 34 7.50 Club 32% Feb ... 3 / 15:%. Jan 32 2574 2072 64 25 74 15174 1,200 40% *115 U 25 11 *1074 11 •93 74 RR— Bristol-Myers Co . 30 3 117% irt 24% . 2,400 2474 lia% Jan 15.', 117% 7,600 34 2974 774 9 146 4074 1174 34 2974 2474 3 6 16 4074 . 10% 4,000 30 74 % , 270 1574 83 % 774. Mar Oct Dec 40% 25 3/4 -u 15 . 35 *1074. 2074 1,600 102 % *81 1074 10% 42 74 113 10274 2474 Dec 11 116 79 Jan 63% 42 *108 74, 2,50 763/4 Jan 11 74 64% 42 74 113 102 120 : Bridgeport Brass Co_, 5 Briggs Manufacturing Corp—No par Briggs & Stratton No par 29 32% Feb' 6 2 63% 2,300 100 Roller 12 74 Jan 12 2 9374 *91 2,100 103/4 3074 2.50 preferred Bucyrufi-Erie 11 Jan 25 *20 18%. — 11 Feb 28 25% 20% 13 Maine Feb 25% Jan 17 67 Jan 6 43 % Mar 10 15 25 4 10% Dec 29 Jun 58% Jan Nov~16 J 3174 1074 37% Co Branifl Airways 5 26 63% Feb • 15 Feb 11% Jan 74 Jah 83% Feb „ Jan 22% Jan 29% Jan 13% Jan 13 15 22 16% Mar 25 1 4 Jan 13% Jan Jan 98 6 / 12% Jan 28% May 20 22 4, Jan 60 5 7% Jan 22 11 19% Jan 22% Mar 17 ;3 5% Bower 6 36% Jan 13% July 20 Jan~~2 35a/4 Jun 23 % Jan 2 66%. Jan 15 17% 10 20 54%„Dec 14 72% Dec 6 993/8 Feb 9 10% Sep % Jan 27%, Jan 29 15 11% Sep 25 59% July 14 13%" Nov 4 20% Sep 6 26% Jan May 28 22% Jun Mar 7 39% Aug 17 21 « Common 11 Mar 11 % Jan Sep 22 Edison 5 2 Sep 21 574 Dec 31 19% Sep 15 10% 2474 21%,. *34 10''/4 *91 3774 10%. 15%, 1074 *20% 1,100 37% 83 74. 1074 25 13 : 21% *81% 10 7« 21 10(600 1074. *14% 30 92 260 51 3774 102% - 34% 92 1,000 70 2174, 15% 10% 2474 *69 1074 42 297/4 2074 ; 21% « ^ *108 102 74 3474 10 preferred; Boston / 9 3734. 10% 1074 No par Co (The) Borg-Warner Corp 8 33 25 33% Sep Jan 39 2174 ' 2974 *69% Inc.. Boston 6 • *1274; 35 1074 *34% 1 12-% Jan 12 Mar 25 Dec 1274 29 74. 100 ... 61 Va Jan 86 1274 • w 1274 . 10% No par com A—, 25 50 50% 3074 1 Co Book-of-the-Montli 94% jan 5174, 35 1 peso Brass Corp & class 11 15 Co Co„ 4 18 5074 • 1074 1 Bond 15 69 29yi —5 Inc..——, 11 48% Nov 15 10 Co Co 6874 ;< 42 *81% 1 Class B Borden 15% 2,200 1874 , 114 10274 83% 29(800 42% 18%. 35 J 00 —. Chemical Stores 15% *81 % 2074 42%.: JO commofr Laughlin Aluinimn 1574 20%. 18% 1 14'A. Feb 64% Sep 86% Jun - (E W) & 42 "108 102 34 15,700 4274 , 83% 1074 ~ 4 12% Sep Bliss Bliss * 42 114 10274 9,500 97% 1874 50 —— (Deluware) 3 42 10274 1,400 46% 20% 52 ) *3774 83% *82 J Decker Mfg & Blaw-Knox 5' 23 15% 100 pfd series of 1951 11 3 pfd .—I 22 '4 Feb 29% Mar 18 39 *108 4174 114 102*% 2.50 , (Del) 27% Jan 12% Mar 12 *108 preferred ——J. ,100 Blgelow-Sanford Carpet (Del) com-5 27 18%. Jan 15 12.60 preferred—100 Foods 15 2 *1274. 1074 7% 17 14 5074 13 2174.. —: Bethlehem Steel ' Dec 6% Dec 5074 1274 1074 Mining 27 21% Jan 4974 12% 2174 ...——... 28 74 Dec 20 5074 *37.74 47% 74/ 4274 20,74 'v . 4274 5- 1074/ 474% Aviation 15 23%, Mar 68 39 46 9 1874 20%. 21% 100 Co 15 36% July 13 1674 Sep 15 68% • 4%- S 4674. 9 Tatl '2074 4274? *17%. 11 Corp 19% Sep 1474 Jan 68% - 213/, preferred. 22% Sep 5 70 t , 1074. 4174 Packing Co IIowcll & Best 1 72 S) Benguet 10 12 (A Best 18 58% Feb 153% Feb 127» Feb 14 82%. Jan 8 32% Jan 4* 5 1774 *37% I.onn Corp common—10 Cum pfd $3.25 ser of 194G_No par 11 4 14474, Jan 4274 1774 . 5 46% ; 9%> 69% 20% 4274 127-4; Beneficial 7 27 3074 Jan 16 5 47 9%, 2174, Inc Aircraft Bendix 8 Jan Mills 4 74% 5 117 Va Feb Jan 24 6 19 40% Feb 4 1 Jan 7 Oct 4 38% Jan 7 30 92 ir '>» 10 Belding-Hemtnway 18 Jan 9% 49% 50 common prior conv Beech-Nut 5 15 177k Jan 22% Nov 25 974 Dec 307k Feb 90'4 Jan 68 %, Mar 17 93 35 117a Jan 233/e Jan 2 ; ———No par Aircraft Corp Creek RR 12 Jan *5 467/4 4774 9 20 "69 10 preferred Beaunll 22% Mar 13 2674 Feb May 21 173/4 Corp— Beatrice Foods Co 93 15 16 90 33 29 Mar 16 74 42 74 17,74. — Works Cigars Inc 6 22% Mar 20 42'4 common-, preferred Iron 4 14% Dec 28 17% Sep Bath Bayuk Jan 107 20 574 5 74 463/4. ■ 9% Jan 9 Dec 4%%. 19 11% Jan 99 % Jan 7' 100 22 Va Jan 4 ' 40'4 Jan 4 112% Dec 5 90% July 28 4" 9Va Jan 27 J00 common 37%, Feb 15 39 % Feb 25% Mar 19- 74 , Brothers • ." 9 11 13 5,74 47 9 Barker 52 4' 18 9% Sep 14 34% May 2o 46 % Corp..*.,-13 10 4 12 12 574, (The)-No par 18 4374 Jan 1774 Mar 12 18% Sep Co Ohio & —1 — Wilcox Feb 593/4 Apr 29 18 I11C "Va Jan 14 37% Sep Baltimore 11 i Sep Jan <T) 4% noncumulullve preferred—J00 Bangor &t Aroostook common—50 Convertible s% preferred 100 Barber Oil Corp —10 11% Dec 7 Babbitt ; ' ,22% 2274 13 13% 13% 1374 13% 13 % 95% 9A 96 96 96 96 *52% 2278 53% 53 % 53% 24 24% 23 7 s 23% 25 74 25% 25 35% 46% 47 22% - X45 % 4574 *5274 22% *2174 13 96 74 5274 53 22 1374 96% r 52%. 23% 23% 24 3 4. 25 •' 23% 23 % 24% 2574 *45 46 1 . ' *45 % 8,100 22 22 13% 13% 19,600 *96 % , »2, 96% 610 : 53% 800 , 120 23% p 46 • 23% 2,200 24% 24% 23,700 45 % 46 600 1 9-% 9% 934 9% 974 974 CO— —5 x 3-1-74 32% 31% 32 3074 974 31% 6,700 307-4 ^ 31% 31 lo 18% 19 18% 19% 19 317-4 19 19 19%' 11,290 19> 19 - Mf? Co 9% 9%( 9% ■< 3,400 ■- Volume 179 Number 5299 . . ^ ■7fj frittancial Chronicle vr The Commercial and . a \ n -n v r (725) NEW YORK STOCK RECORD Range for Previous Lowest' Range Since Jan..l Lowest Highest July 20 113% Mar 19 107 NEW , Highest Jan 5 113 YORK 10 Carolina Clinclifield Carolina 34% Jan 10 45 Dec 9 40% Jan 6 42%'Jan 26 14 49 Jan 16 40% Jan 5 43 % Jan 7, Carpenter Steel 34'/a Jan 2 48% Dec 14 46% Jan 4 54%,Feb 8. Carrier Power 14% Mar 27 14% Sep 16 25 24 143 45% Sep 21 15 Jan 113 Jap '4 2 46% Feb 12 Feb 24 102%. Feb 12 38% Jan 6 19% Jan 24 11 ,2 98 15% Sep '2 107 % Jan 4 5 133% Jan 'OS3,; Dec-24 13%, Feb 67% Jan 4 Jan Jan '4 11 19% Mar 25 16 15% Oct 30 16% Mar 18 15% Jan 19% Feb 19 20% July 27 20 .4% Sep 15 7% Feb 26 1 12 Carriers 17 Va Jan 4 9 105.. *<•18% Dec 29 Dec 7 5 Jan 65% Jan 96% Juh ;23 104 Jdn 13 Jan 4 20- Case 125 Feb 12 5Q% Jan ; 74 'Jan 19 7% 27<- 4'% % Feb „Jan 4% Jan 6. * 5 20% Feb 4 6-Feb 5%, Corp 26% Dec 31 40% Jan 22 27% Jan 4 32%, Jan 12, 59% Sep 15 11% Jury 14 35% Jun 16 73% Jan 30 66% Feb 2 71%, Jan 12 97 Jurt 17% Jun Mar 27 12% Jan 4 13 Feb 38% Jan 8 41%-Feb 1L 105%, Jan 19 13 12 4 " 108 Feb 2 19%. Jan 28 % Feb 24 15% Jan 18%-Feb 25- 15% Jan 17% Jan 8 21% Jan 29 Class B Central & 10 23% Jan 25 17% Mar 16 10 % Jan 11 % Jan 20 9% Mar 12 6% Feb 7% Jan 18 19% Oct 13 38% Jan 20 % Jan 22% Jan 14 Cerro 11% Sep 14 15% Mar 20 12% Jan 15 12. Certain-Teed Sep 15 37- 26% Jun 16 34 % Dec 3 92 % Juh 22 103% Jan 30 98% Jan 4% Sep 15 7 % Mar 27 4% Feb Feb 3 33 % Jan Feb 30% Jan 27, de Chain 5%, South Pasco Beit 42 400 53% 53% 53% 13% 16 19 114 72% 71% 18% 16% 16% 6,800 125 48 5%: 16% *16% 16% 2,200 20% 20% 20%. 3,000 5% 5% 5%, 1,200 28%- 28 28 67% 67% 67%, 12% 12% 12% 12% 13 , 12%. 40% 40%, 41% 40%, 108% *107% 40% 403;. 107% 108 *107% 21 20% 21 17% 17% 17% - 20% 18% *17 % 17 17 - ' *16% 17% 17 17 24% 24% 24% 24% 24% 24% 24 11% *10% 11% 10% 10% 7 7 7 7 21% 21% 21% 1 Co 14% 14% 14% 34Vt- 34% 10 *6% 7 13 2,900 41% 41% 1,900 *107% 108% 110 20% 20% 3,800 17% *17' 17% 400 17% 200 24% 24% 10,300 17%- 17%* 24%.' V4 10% *6% *10% 7 6% 800 pi va >\ 21% 21% 14% 14% 14% 14% 14% 15 34% 34% 34% 34% 34% 200 6% pi a/, 14%:' 34% 21% *34 1,700 11 34% ..5 .; 67% 13- 21 10% Corp 28 67 108% 20% *10% 27% 41%- *16% 21 17% Va- 67% 13 " *16%- 20% 70 Vs. 68 No par Corp. 7,300 28 Corp Products 2,200 19 - 20% 5%. ■ 5 West 73 18% 28 108 100 21,400 , 72% 68 40% 21% 19: 68% 108 , 72% *68 12% 9,900 102% 114 100 • 20% , 300 47 *112% 28% 28 102% 20%- *28 , 125 46% 114 18% 16 - 20% " 2,200 123% 72 16%. 5%' 20,700 13% 16% Va- *112% - 19 20% 6 54% 13% 16 *102% 103 I 20 50 13% 46%, - 112% 16% ' 123% , 20% ,*112% • . 103 20* 20% v 20% *41% Col—9.50 CentraltVloleta Sugar Century Ribbon Mills 5/ 16% • 41% 483/a *102% . 73% 18% - % ■ No par so 16 5 5% . 30 30 20% 5% commoic.^.* 6% Dec Feb ; 16% 20% 1 Gas;&, Elec__No par Illinois Bight 10% Dec 23% Dec 16% —5 4%%' preferred _100 Central Illinois Public Service.. 10 Central RR Co of:N J class A—50 29 20% Mar - 18% ■ Central Hudson 8 28% Feb 24 14% Sep 14 14y4 Sep 14 18% Juh 10 18% 48%; 114 72% 2,500 41 124 48% 20%, *112 73% 42 13% * 124. 103 20 114 20 Co . *102% 20% No par of Central 5 20 VB 48 103 73 Vb common:. *122%. 124 48% 112% Georgia Ry__ 5.%. preferred series B 1. 42% Mar 25 Jan "6 110 Central ■ 16 122% 41% 16% 13% 16%: *102% preferred' v 13% 16 48%. *111% 42 54 53% 13% 100 Central* Aguirre*. Sugar Central Foundry Co 3* 54% 13% r Shares 112 41'/a, 16.Va 42 112 the Week 41% 41%'. *41% 122% ' • 41%, X53% preferred series A_100 coilv 113 41% 41% No par coin 113 42 54% 100 . 2nd' preferred.. Celotex 9; 16% Feb 4.20 % : Feb. 12 16 10 Sales for Friday Feb. J1 13% . 100 tcoinmpn—_ * 113 42 PRICES Thursday 51% 1 j. *111% SALE Feb. 10 41%. 12.50 Celauese Dorp- til Winer 26 ' 5 10 Co/common Prefer red 26 115%;Jan 42 HIGH Wednesday. Feb. 9 113 41% — preferred CaterpillarTractor 14 21% Jan Mll% No par General* Corp (J J) Tuesday ' Feb. 8 Ry_100 Light 7 c/c 5r~ 103 V? Jan & Monday Par ? & Ohio Co Corp " 12% Sep 24 & LOW AND STOCK EXCHANGE Feb 39 Va Sep 111% Dec Continued—Page 3 STOCKS Year 1953 103 % ?7 91 300 3,100 13,000 500 Champion Paper & Fibre Co— Jan 33 36 Feb 12 5 103% Feb 3 2 5% Jan 7 11 25% Dec 31 31% Feb 4 25% Jan 5 15 41% Feb 2 33 Va' Jan 4 36% Feb 12 85% Oct 27 84% Jan $4.50 80 Jun 3 13 87% Feb Sep 15 23% Mar 13 14 Jan 4 18% Feb 5 Aug 31 26% Mar 17 23% Feb 3 25% Feb 12 21% Mar 24 18% Jan 5 21% Feb 5 17% Jun Oct 17 27% Oct 12 Sep 16 3%% 26% Jan 5 18 Va Jan 4 22% Feb Class 34% Jan 21 27 Va Jan 4 30% Feb 14% Jan 12 15% Feb 8 7 5% Dec 31 10 Jan 6 5% Jan 4 Feb 29 22% Jan 13 10% Jan 4 12% Feb 11 40% Sep 15 51% Jan 2 Jan 4 46% Jan 26 10% Dec 30 11 12% Feb 30 30% Jan 11 34% Feb 6 21% May 21 44 Va Aug 6 62% Mar 19 % Jan 30% Dec Aug 31 82% Mar 19 63 Oct 76% May 27 62 % Jan 95 92 41% Oct 59 59 89% Juh 6 25 '7% Oct 13 10% Sep 1% Dec 12 Jan 9% Jan " 7 44 10 • 45% Jan 4 5 68 11 4 18 8% Jan 13% Feb 14% Feb 18- 11 11 Va Jan 5 3% Feb 22 10 1% Jan .4 13 7 % Jan 5 96 Jan 10% Feb 15% 15% 15% 15 15% 14% 14% 6% 11% '-6% 11% 11% 11% ...100 45% 46 45%. 46 com__No par 11% 11% 11% 12% 11% 11% 34V4 34% 34% 34% 34% 34% 49% 50% i series A 57o Chic Pac Western No par pfd convertible $3 preference—No Chicago Rock Isi & Pac RR—No par Chickasha Cotton Oil. 9 18 Cliilds Co Chrysler Corp 5% convertible 19 -22% Dec 21 Jan 12 Jan 6 25 102 Jan 97% Jan 4 103% Feb 11 35% Jan 22 55. Dec 47 Jan 12 58% Feb 3 24% Juh 16 30% Dec 28% Jan 11 32% 70% Oct 6 95% Jan 78 Jan 4 9 % Sep 15 Jun 10 26% Dec 15 33% Mar, 14% Dec 28 17 72% Dec 28 Oct 5 83% Feb 9 44% Jan ' 6 Feb 80 47% Juh 10 90 12 15 4% T C Cities Service Co 10% Jan 22 I Financial Corpl 27% Jan 4 32% Feb 12 Jan 4 15,% Jan 15 City Nov 30 Jan 27 77% Jan 20 Jan 4 37%- Feb 8 Feb 4 190" Feb 4 4 19 4 56% Feb ' Jan 5 108% Jan 70% Jan 4 "53% Jan 107 73 Feb %■%> 100 No par 5 common convertible preferred 100 eihrk .EquipmentvCo new 20 C C C & St Louis Ry Co com—.100 5% noncuihulalive preferred—100 .. July 14 Mar 23 15 „ preferred 4 City Products Corp^ 5%% Co Cleve 10 Elec Illuminating .com.No $4.50' preferred 27' 12 Cleveland 41 Sep 21 44% Mar. 19 42- Jan G 42% Jan 26 18 Sep 16 25% Apr 18% Jan 4 23 Va Jan 21 33 % Sep 11 43% Mar 20 37" Jan 7 40%. Feb 11 Climax 22% Jah 19 29% Oct! 9 97% Nov 25 25V4 Feb 10 29 % Jan 4 Clinton 93% Feb 10 97% Jan 8 4%% 7% 89% Juh 12 2 ' 128% Sep 78 5. Sep-14 28 % Apr 6 136 3 Jan- 2 107 Oct 9- 874 Jan Feb, 34% Dec 89. 4 21 July 24 Dec 29 125% Feb '20 7 892 2% Jan 34 , Jan Feb 20 135% Feb 7 92 Nov 5 86% Jan 4 31 24% Feb 27 12 Va Jan 20 14% Sep 14 20% Mar 17 16 % Jan 90. 43- Dec 23 66 Va Mar'24 49 Dec 22- 67- 47 Sep 1 65% Mar 24 48 38% Jah 8 50 % Dec 38% Jan- 9- 50 Va Dec 4 Feb 12 14% Jan 6 18% Jan $3.50. 67% 68% 67% 68 Va 96 6,400 95% 96 96 96 96 96 1,100 *8% 8% *12% 13% 2% 2% 9% 9% 9% 10% 10% 10% 10% *22 8%: 22 22 60% 59% 60% 21 % 21 102% , x84%, 10% 15Vb 32% 32 Va 32% 32 32% -85% 15% 15% 15% 75% 76% 76 37% 37% 37% *85% 210 '170 95 *72 210 *85% *175 95 55% 108 % *72 73 43% *42% 21V2 21% 21% 21% 21% 21% 38% 39% 26 26% 35 135 39% 39%' 25 Va 26% x25 % 94 95 35% 34 Va 135% *133% *93% *925 93% 2%- 40 3; 2 41% Feb 3 48% Jan 6 Columbia 9 41 Va Feb 2 48% Jan 6 Class 14 Va 50 50 50 ,*48% 42% '41% Jan 11 45% Jan 27 No par 44% 44% 26% Jan 11 27% Feb 2 Elec—5 27% 27% 27% 49% Feb 10 Inc.No par 47% 48 10 Columbian Columbus Southern* Ohio & Combustion Engineering Credit 38% Jan 6 34% Jan 12 H Commercial 22% Jan 2 16% Jan 11 18% Jan 27 Commercial 37% Dec 2 36% Jan 4 39% Jan 22 Commonwealth 17 37% Dec *: 7 36% Jan 4 39 Vi Jan 22 17 5% Dec 29 Jan 29 Conde.Nast 21% Dec 29 27% Jan 27 21 % Jan 4 23% Jan 27 Cone 20% Oct 28 24% Jan 15 21 Va Jan 4 23% Jan 26 20% Jan 12 Mills Feb 25 7% Jan 4 8%' Jan 34% Jun 10 42% Dec 11 .40% Jan 4 44% Feb 2 109% Jan 108 7 108% Feb 103 % Jun» 5 . Jan Ex stock 23% Jun 10 Jan 5 Juh 15 110% Jan 7 91 Juo 10 102 12 % Dec 16 11 Jah- 28 26% Jan 8 28%. Feb 11? 57% Feb 12 25 10% Jan 6 5% Jan 4 6% Jan 20' Dec 10% Jan 6 8 Jan 4 8% Feb 12 22% Feb 3 26 17% Jan 4 21% Feb 12 40% Nov 2 38 % Jan 8 40%-Feb 9 Jun 19 109% Jan 8 105% Jan 5 109%-Feb H 18 108% Feb 5 106% Jan 4 108 Feb 9 Jun 17 30 42% Jan 7 93 Jun 23 101% Jan 4 20% Jan .4 23 Va May 21 2 39% 39% 38% 39 Va 39 39 % 38% 39 *38% 39 Va 2,300 38% *38% 39 38% 38% 600 25 par *38% 6% 39 Va 6% 1 39 *6% ' 39 *39 39 " 38% 39% 6% 8,700 6% 6% 6% ..10 23 % 23% 23% 23% 23% 23% 22 Va 22% 22% 23% 4,300 22% 228/8 23 23 Va 22% 23 22% 22.% 22% 22% 2,600 21 % 21% 21% 21% 21% 21 %: 21% 21% *21% . 6% 6% 6% 700 ' , Cigar Corp—» 21% 600 Corp—5 x43 % 43% 42% 43% 42% 42%. 42% 42% 42% 43% 16,000 108 % 108% 108% 108% 108% 108%' 108% 108% 108% 108% 1,100 28 Va 10,100 Coppermlnes preferred $5 Power No par Elec Gas Co Light Bait com of 47%. Feb 10 Jan 15 4°/o No par 100 .*—100 Retail Consolidated Textile Consolidated Vulfee $4.50 preferred Jan 19 ,90% Jan 4 98 Feb 4 54 V? Jan 4 58 V4 Feb 5 97% Jan 8 96 Jan 21 99% Feb 5 $3.75 6 128 Jan 21 Feb 5 $4.25 conv $5.50^ Can 12% 104 20 13 13 13 12% 12% 13 13 800 12% 12% 12 Va 12% 12% 80§ 57% 4,200 10c *8% x20% 1 No par No par 20% 40% 40% IO8V2 109% *107% 108 45% 46% *102 103 22% 22% *97% 97% 57% common.*—20 57% No par *99 Va 102 132 132 12% 111% *12% > 55% 56% 56 % 57 57' *21% 23% *21% 23 *21% 5% 5% 5% 6 8Va 8'a 8% 8% 19% 40 Va- *108% 107% 46% 20% 40%- 20 20% 109 Va 40 Va 40%1091/* 109 V* 108 108 46%. 46 *5% 600 8 8% 2,800 Va 20% 21% 56,700 40% 40 Va 40% 40% 13,700 109% 109% 109% 109% 20 45% 20% 109- *108% 47 22% 22% 97% 97% 97% 97% 57%- 57% 57% 57% 57% 99 99 % *96% 99% 45% 22% 97% 57% 22% 22% 102 100 5% 97% 103 23 5% 8 8 *108 Va 108 ' 5% 47Va 102% 22% *102 150 110% *103 Inc.. 8'% 28 Va *110. 56% . 28 103 23 13 28 28 111 23 Xl2% 27% 103 56 100 Inc 9,400 111 6 No par preferred Continental 8 8 104 5% Continental Baking Co com—No par 23 4 6 8 111% 1 preferred— 58% Nor 7% 8 *103 Inc Aircraft 12% 28 111% 56%-. preferred * No par Container Corp of America com—10 ■J 95% Jun 7%- 103 23 5 $4.52' 4-% 103 *22% Stores Consumers Power Co com *111 100 pfd. Co 27% 28 112 103 *.—15 Consolidated Natural Gas Consolidated 27% 1113; *103 12% 13 56% Corp—1.33% Consol RR of Cuba 5% 8 & series B series C 7% 8 *102 103% *102. 22% 109 250 60 46% 5,000 103% 110 22%- 1,200 97% 97% 330 57% 57% 8,300 99% 200 ' * 87- May 20 112% Jan 16 133 Nov For footnotes see page 26 133 preferred 2nd preferred--No nar ., *131 134 131% 131 % »q7 *131% 99% 134 *97 *132 135 ' 18,400 13,900 No par Tnc.i 58' 7 13 39% 39 25 Laundries Corp 7 18% Jan 38% 39 Consolidated Jan 89% Sep 23 7i900 38Va preferred 21 IS'/* Jan 45 % Jan 49% 17% 13 %' Jan 36 . 49% 39 12% Feb' 11 99% Jun . 49% 17% Grocers 103 49 % 38% Consolidated 11'. 49% 17% 5 102% Feb 48% 39 Va 13%: Jan Jan 48 17% 4 45 47% 38% 12% Jan 54 - 3,200 17% Preferred 5 15 27% 39%. Preferred 41/2% 2 15% Sep 27% 17% 1 Jan 35 V# Apr 23 27% 39Va 9 38% Jan 99 27% 17% Feb 5% Dec 23 1 27 Va 39% Feb 16 29 2,900 27% 17% 103 14 8 43% 38% 112 Jan 43% 27% . 39% 7 - 80 43% 44 ; Consol Edison of N Y com—No par 17 . 5,100 43% 43%: ,-?44 Va 7% ; : 81,000 70% -17 Va distribution. Consolidated 48 % Jun Sep 14 Va 20% 69% .38% 16% Apr 24 13% Apr 27 5 14 20 70 17% 7 98" 14% 20% *69 38 Va Jan 107 13% 20% 14 20% 70 38% Jan Mar .26 X44 13% 20% *69 com—25 Publishing Co—No Consolidated 100 Co Corp- Congoleum-Nairn 22% Jan 11 -90 No par Edison preferred conv Consolidated 20% Dec 31 14 Co Solvents convertible 32% Jun 30 Co_— Carbon 17 Dec 650 3,500 51% Mar 17 6% Sep ; 500 46 Va 69% 18 51 54% 46% 13% 7 51 I *53% ' 46% 20% 4 50 46 69% ' Jan 54 50 46 13% 6 47 45% 53% 45 % 20% 3 46 44 • 50 280 44% 13% Mar- 7,600 44 70 8 17% 44% 20% $1.40 17% 43% Pictures common—No par $4.25 cumulative preferred. No par 25 18 2.50 B 13% 39% Jan 17% . 2,800 6,600 70 4 2,600 46% 20% 36% Jan 13% 46 Va Columbia Gas System In?—.No par 37% Mar 16 92 13% 46 % Columbia $1.-32 41 92 15% 45% 14 * 40% 92- 13% *91 40% 46% 11 39% Feb *925 40 Va 45% 21 18 70 600 2,900 44%- Feb Sep 15 *925 120% 43% 70% Jan Sep 93 120% 44 V* 21% Jan 14 *92 120% 620 43% 4 Jan 137 *134 135% 93 120% r 40% Broadcasting Sys cl A.2.50 4 44 135% 93 ' 40% 12 8 4,600 40% 19% Jan 48 % Dec 35% 94 12% Jan 29 4,000 35% 121 68% Jan 27% Dec 3,600 35 % 93% 5 Sep 15 70 21% 35% 35%' 120% *49 21% 11,500 •, *133%' 135% - 21% '2% r 50 160 43% ,*43 2% * 51 3,700 2% 95 42% . 73 *2% 2% 52% 43 50 *48 56 108% 23,500 43 *42 43% 73 40% 52% pfdL—100 f 72 95 43 Ry com:.—100 • 25% Colorado Ist-pfd—„100 *55% 40% 18 Southern 94 40 17% & *85% 25% 18 noncuihulalive 2nd 94: 200 94% 18 nonciimulative *175 ) 17% 4% 200 2,100 25% 2( 4% 3,400 15% 94 No par - 270 36% 25% Colorado 4 76 % 36 94 13% 12 15% 76 ' 91 U" 1,400 4,000 25% 40% 17% ' 15% *108% 21% *925 40 3 a 32% 55% *43 40% 13% 32% Juh . 35 Va 135% 15 16 . 2% 35 Va *925 40% 31% 10%' 94 121 120 10,900 102% 108% 72 43% 2% 360 84% 10% 55% . *42% 2% 83% *100% 108% 1081/2 90% 32% Jun . 55% : 56 Va - 73 43% *2% 15,600 ' 56 39 Va 6,000 32% 9,500 76'% *85% *42% ) 55% 32 Va * 21% 102% 54% 37% . *175 94 *72 94%*'96% 21% 31% 36% 200 13% Iron *76 - . 91 Feb 140 148,300 10Va 15% 15%, 76 *90% Jan 2,800 62 102% 31% 37% 108%, 108% 73 24 31 , *85% # . *13% Feb 10% ' 13% 47' 900 7,400 102% J 85% 10 Va *100 31% 15%. 76 37% 84% io%102% 31 Va . 76 *170 86 *10 %' *100 , •31%, Jan 23% July 2 38% Sep 11 ' 85% 10%102%- 31 Va 93% par 55% *10%: 120% com—_No Par 21 Va 91 51 500 3 23 61- 103% 54 Va 37% 93% Corp—No 21% 102% 56% TOO 31% 119% Co 21% 103 Va 56% 85 85%102% 31V4, 21% 103 Va , 13 Va. 54- *22 61V2 57 90% 19 23 59% 32% 10% *100 21% 103 69% Dec 15- *22 56% 58 32% ' 91% ' 21% 103 103 x56%v 22% Dec 37 >i 13 %t 23 58% 11% Jan 29 < *8% No par & 200 68% 8% No par Internat'l Fuel 4,000 70 67% 59% Mar 6 *65Va No par, 29 Feb 3,300 50% » 12% preferred..100 preferred—:— Jan "42 34% 50% 66% Collins.& Ailcman Corp.,. 50-- Jan Mar.24- —100 Colgate-Palmolive 42% Jan 20 Dec No par preferred 4% cumulative 2nd Coca-Cola 38% Jan 1 ... Coca-Cola Co -(The)' 17 13 7 7% 10 iJan Jun. 12% Dec 8 94 122 2 1 Cluett. Peabody & Co com 4 80 8 Clopay 6 Dec No par: 14 12 33% 50% 66% , 2% 55% preferred—100 10 Jan 34% 50 70 8% 108 % common 2% Jan 132% Jan 89- Inc conv Corp 5,500 33% *66 12% 55% 1 Molybdenum ouriv 11% 2% 108% 50 stock—50 " 4% 35% Feb 111% Jan 47% Jan 38% Dec 23 5 4- guaranteed Foods 11% -I 8% par" gtd Clevite Corporation 15 Special 12 13% No par- - RR Pitts & 21,800 11% . 2% 59% „_10 u 20 Stores 1,800 29,400 68% 8% 22 No par --City-Investing- Go common 102V, Jan 14 12% 45% 2% 58% 100 5 12 44% 13 % 21% Milling Machine Co...10 9 12% 46% 67% 10 • preferred Feb 12 45% Electric— & 86% Feb 68% 12 46% 2% *9V2 Common Cincinnati 11% 13% 25 5 109% Jan 75, Gas 4,100 7 2% 2%. 25 Co. *6% 1,100 15 15 7 *6% 30% 45% ' 50 *66 7 700 96 25 Copper 12 54% Nov 24 16- Juh 70% Dec 100 preferred *6%. *30 8% 13% *13% 1 , 7 50 96 8% JO common— Chile 11 17% Jun 96 5% conv preferred series A—_ 100 Chicago Yellow Cab No par 12 91% Jun 68 /. 6% 50% 68% 68V4 ,50% *66 par 5 172 ' 5% Cincinnati . & noncum & North 2934 No par Paul 6 Mar 24 2,900 30 Jan 152 19,100 21% 22 29% Jan » 21% 21% 21 Va 21% 30% 63 74 21% 20% 21% 24 33% 186- 3,800 21% 1 . 25% 29% 5 Aug; 3 5,800 25% 21% Feb 31 18% 21%' 56% Feb 15- 87% 18 30 % 21 Jan 86% 18 15 2 104 36% 86. 17% 30 5 5; 35% 86% 18 21% Jan 9% Jan 36 86% 17% 22 29% 96% Jan Jan 35% 86% 18% 21% 39 14% Jan 35% 86% 25% 29 102 30,900 35%, 86% 18 25 29 • 300 27% 25 Dec 95 28% 27% 24% 58% Dec 92 *27% 27% 35% 21 Va 13 22 27% 28 35% 24% 6% Oct 13% Feb 1,600 21% St 60 5% 24% Mihv 1,600 5% 21% - Feb 3 36 103 5% 24% 40 : Class B 68% Feb Jan 36 >102 4% 21% Feb 8V4 Jan 36 103 5% 24% Chic 51% Feb ,Jan *35 103 104 *4% 21 9 Dec 10 *27% 35% *103 5% 18% 18V4 Corp (The) • 1 1 Chicago Great Western-Ry com__50 5% preferred 5o Chicago Ind & Louisville Ry cl A.25 4 6 Jan A 35% 104 87% *86 Chicago 4 6 18 preferred.!—100 35% *5 28 V4 35% 35V4 Chicago & East 111 RR com__No par 35% *103 5 5 *27% 1.25 preferred series A^ 100 Chicago Pneumatic Tool com.No par 7 14 convertible 35 V, 104 *103 No par Manufacturing Chesapeake Corp of Virginia 5 Chesapeake & Ohio Ry common..25 12 r 2 21 34% * : preferred Checker Cab 28% Jan 27. 32% Sep Common 60 : . IB The Commercial and Financial Chronicle (726) TT NEW YORK STOCK RECORD STOCK8 Range for Previous NEW Range Since Jan. 1 Highest Year 1953 YORK STOCK Continental 7% Sep 15 10% Mar 17 7% Feb 2 8'4 Jan 20 17% Jun 11 20% Mar 17 18% Feb 12 19'% Jan 14 9% Sep 16 13% Mar 3 lOYaJan 6 12% Feb 11 Continental Diamond Jun 16 bz'n Jan 7 73 Feb 12 77% Jan 18 Continental Monday 4 8% Jan 21 61% Feb 10 Continental Oil 4 17% Feb 5 Continental 20 4 22% Jan 26 19% Sep 14 28 Ye Mar 19% Sep 21 26% Jan 27 22% Jan 4 24% Jan 18 15 27 '% Feb 2 20 Ye Jan 4 22% Jan 27 52 6 Jan 55% Jan 18 68 Ys Jan 58 70 52 6 Apr 12 52 Jan 25 Jan 7 47 Jan 27 Feb 12 63% Feb 9 93% Jan 25 61 Jan 8 21 87 Ya Jan 12 Preferred Cornell 14 96% Jan 19 95 "Ye Jan 8 98% Feb 11 98 Jun 25 96% Jan 6 99% Jan 19 Cum 67% Feb 6 78 Nov 9 72% Feb 11 76% Jan 27 Corn 176 y2 Dec 31 174 '% Jan 5 177% Feb 5 7% 18 Ye Nov 29 Jan 4 18 % Jan 11 3% Jan 4 4 % Jan 1VA Jan 20 4 1% Feb 1 34 Ye Apr 2 28 Ya Jan 4 32 >% Jan 27 Jan 21 91% Jan 4 96% Feb 26% Jan 4 27% Jan 21 11 Jan 4 13% Feb 3 Mar 3 25% Sep 15 87% Jun 1 95 25% Jan 2 27% Mar 12 10% Dec 29 15% Mar 29 Jun May 18 20% Sep 68% Sep 34% Jan 4 39 % Feb 11 16 101 Va Jan 4 102% Jan 6 21% Jan 11 24% Jan 29 15 36 Ye Jan 21 Sep 21 27 28 Va Jan 8 30 Va Feb 7% Jan 11 8 Ye Jan 4 9% Feb 2 J>n 5 57 Ye Feb 11 7% Jan 4 8 Ye Jan 22 25 27% Mar 20 Jan 11 23 138 Apr 17 134 Jan 7 43 Jan 15 39 Jan 11 29% Sep 15 83% Dec 22 30 Ya Jan 92 87 Va Jan 40 Ye Mar 25 8 $7 26 Ye Jan Corp Corp 11 14 Ye Jan 6 10 38% Jan 4 40% Jan 29 52% Jan 4 54 Ye Feb 5 13 Ye Jan 19 39 Ye Jan 20 5 Feb 4 Apr 28 92 Jan 16 91 Jan 13 Jun 3 97 y2 Feb 11 94% Jan 11 17% Aug 31 7% Sep 15 34 Dec 14 23% Feb 2 I8Y4 Feb 53 •50 53 *50 53 47 47 47 *47 47 Yz 47 47 46 Ye 46 Ye 25Y4 26 2 5 Ye 25 Ye 26 26 Ya 26 Ye 27 8,500 63 63 VA 62 Ye 63 Yz 62 Ye 63 Va 62 3/4 63 623/s 63 1,020 74 177% •173/4 1% 31% 2 •273/8 313/B preferred pfd 94 94 Yz Feb 9% Class 8% 1% l ■ pfd 4.60% 1 32 3/e 100 *87'/4 series Preferred 3.90% 12i 19 3% Jan 20 Dayton 103/4 Jan 14 Decca Rubber series B 12 Ye 12% 12% 12 Yz 12 Ye 12 3/e 123/s 39'/e X38 'A 38 Ys 383/8 38% 383/4 38 Ye 93 x92'/z 921/2 92'/2 92% 94 94 *93 94% 18 Ye Jan 4 57 10 Sep 16 13% Feb 26 13% Dec 29 23% Mar 10 48 Feb 62 Feb 1 Jan 11 10% Jan 5 12Y4 Feb 10 14 Ye Jan 4 163/s Feb .1 11 1 Jan 29 Ya *29'/4 r 29% 800 Bscnw ctfs for common Vilhiss Diamond Co Match class A Diana Stores Corp-Seagrams Corp Dr. Pepper Co Dome Mines 183/4 Jan 4 23 Ye Feb 10 14 75YtJan 15 77 25 36 July 29 43 Jan Feb 13 37 Jan 26 38 y2 Jan 12 6 "Ye Dec 30 12% Jan 2 7 Jan 4 8 Yz Jan 26 91 Jun 10 108% Dec 109 Jun 4 89% Jun 23 3 104 Ye Jan 11 lllYz Feb 2 1153/4 Jan 12 119% Feb Jan 12 94% Jan 6 28% Jan 13 83 July 20 Ye Jun 1 % Dec 23 Y4 Dec Nera 17% Feb 2 29 30Ye 12,600 10% lOYe *46% 463% *60 34 61% 22% preferred 12 Eagle-Plcher Co. 80 *80 38 *36 38 *35 7% 73/4 7% 99 «/2 34% 101 17,200 35 53,500 •102'/4 1023% 300 10,500 22% 22 Ye 81'% ♦80'% 81'% *35 - 7Y4 353/4 223% 38 22% 38 7Y4 100'A 103 *80 ' 81% *36 7 Ye 7Ya 86 Feb 8 12 6% 100 Jan 4 Co 52 Va *51% 49'% 49% 49'% *10 lO'/e 10% lO'/a 20 203/8 23% 24»/z *173/4 17Ya Stores Inc 51 Jan 11 5% 51 Jan 18 5% Auto-Lite 170 Yz 38 3% 39 Va 1 38 38 , 7% 83/« 5,400 14,400 rh <£> CO £ 170 Yz •1683/2 38% Ye" 23 Yz Yz 21Y4 21 86 86 86 23Y4 23Y4 13 Ya 13Ya 41 Ye *1334 42 14 *13% 60 49 Ye 1,200 10 •10'/a 10'% 800 20 Ya 20% 20% 2,900 23 Ye 23 Ye 23Y4 20,000 17 Ye 17 17 1,000 9 Ye 9 Ya 9Ya 1,500 50% 50% 51 Ye 22,500 171 10 38 Va 38 Yz 38 Yz 39 4,300 213/e 21 Ye 213/B 213/e 86 Yz •86 Ye IIOV2 *86 3/z 24 170 Yz 24 Va •169 200 7,200 13% 13 Ya *133/4 13 40 Ye 41'% 40 Yz 41 l3/4 IY4 1% 26y2 261/4 26 Yz 11 Ye •llYe 14 41% 41 Va 41% l3/4 1 Ya IY4 No par 26 Yz 26 Ya 26 Ya 26 Yz 2 6 »/a 15 11 Ye 12 11 Ye 12 Ya 11% 26 26 26 26 263/4 26Ye - 1 Ya 1,800 87 Yz 24% 24 •100 *100 1 Ys 41 52'% *49'/e 50 *100 *100 *52 49'/4 9 Ye . 241/4 >100 190 521/4 233/4 86 23% 300 20 21'A 21 23 Yz 1,700 16,100 •173/e 39 86 98 10 170 »/z 39 Va 39 *97'/4 Ye 500 7,200 13/4 3,800 26 Ya 2,200 12 12 12 1,400 26 26 25% 25 Ye 1,300 26 Ya 50 *48 Yz 50 *48 Yz 50 *48'/2 50 *48 3/z 50 ♦48% 50 preferred 50 *49Yz 51 *49 Yz 51 *49 'A 51 *49'/a 51 *49 51 3 36 Ye 37 Ya 36 Ye 37 Ye 36Y4 37 3 6 Ye 37 4 15Yz 16 15Ya 16 16 16% 163/s 17 16Ya 16 Ye 8,200 5 lOYz 10 Ye 10 Yz 10 Ye 10 J/2 10 Ye 10 3/z 10 Yz 10Y4 10 Yz 4,300 24 24 23 Ye 23% 23Y4 -23 Yz 23 Y« 23 Ye 1,100 26% 26 Ye 26% 26Ye 26% 26Y4 97 96 96 96 98 Yz 24 11 37Y8 Jan 2 19 14% Jan 4 17 11 6 Emerson 10 4 Electric Mfg 113/e Jan 26 Emerson Radio 24 Empire 2nd Natural Gas & Co Phonograph District 25 % Dec 23 29% Feb 89 Ye Dec 26 Jan 4 21 99 26Ye Jan 7 92 Jan 6 98 Yz Feb 12 Ye Jan 4 24 Y4 Feb 9 8% Jan 25 18 Yz Jan Equitable Office Bldg 27 Erie RR common 70 Jan 28 74% Feb 5 Electric Co Endlcott Johnson Corp common 4% preferred 5% •a ■ 98 1 22 Equitable Gas 9 Ye 10 49 Ye Jan 1 100 7Y4 49'A 51 'A 1 Ye common 353/8 Jan Feb 9 Ye SOYe 21 Va 21 85 1 93/41 *52 9»% 51 3/8 934 51% >168Yz Y4 4 50% 10 1 preferred Paso 18 18 5 (The) Electric Storage Battery Elgin National .Watch Co_ El 24 17 Ye 9 Ye 100 6 Feb 20 Ya 24% 51 Ye 2.50 preferred Elastic Stop Nut Co conv 20 18 100 common common 4Yz% Co 20 24 3/4 2 preferred Ekco Products Co Elliott 20 24% 5 Manufacturing Co 10 5 10'/4 *10 lo common preferred 4'%% 52'/4 49'% 100 Kodak Bros 523/4 10 Eastern Stainless Steel Corp Eastman 15 pace ♦78 493/4 1 Corp 26 Ya Feb 4 80 52>/4 B 12% Jan 4 23% *77 10 26 273/8 Jan H 223/4 23 343/4 ♦1023/a 50 4 Jan 3/4 Ye 34 Ya 102'% 50 . 10% Jan Eaton 16 Ye Jan 22 99 1013/« 3 4 Ye 102'% 5,000 | „ Edison 66 99Y4 - 35 103 22 Ye SOo preferred— DWG Cigar Corp__ 6 72% Jan 34'% *102'% 100 2,900 521/4 $4.15 4% 4 5 Yz' 35 1,900 153/4 473/4 243/a Feb 1,200 ' 12 *47 3% 113/4 Jan Apr 21 101'% 97 IO2Y4 11 Ye •15 Ye 47% 24 Y4 Jan 74% Feb 97'/4 963/4 . 47»% 6 4 153/4 61'% 473% 3 Ye Jan 12% 15 Ye *60 3/4 47 Ye Feb 7 113/4 15 Ye 62 48 40% Jan 22 12'/4 15 Ye 343/4 • 233/4 Jan 12 48% Feb 2 24% Mar 12 8% Nov 27 22% Jan 5 113/4 16 Ye 102% Elec & Mus Ind Amer shares 5 Mar 13 *60 3/4 113/4 153/4 *47'% 21 y2 Jan 11 613/4 113/4 16 46Yz 48 4 Ye Jan 61Y4 11% 8 preferred 12 23 62 '/a 11% 15% 453/4 47'% *473/2 $3.75 Electric 19 *60 3/4 47 50 5 20 26% Feb 47 Va 29'% Jan Jan 473/4 29'/e 26 Jan 473/4 291/4 Jan 18 Ya Mar Ye 46 29 Jan 9 - 29»/a 8 303/4 10'% 28 Ye 4 see 30Ye 10'% 29 60% Feb For footnotes 303/4 10'% 283/4 37 Y4 Jan 74 31 10% 29 6 54% Dec 22 70% Jun 15 30 Ye 103% 283/4 15 22 30 Ye 10 3/« No par com Sep Dec 30Yb 10'% lo Duquesne Light Co 30 16 31'/a 10% 27 Oct 4 30 Ye 29 Va Jan 44 18 2,800 119'% 1 Ye Jan 30 Sep 2,400 11% 108 Ya 14 51 y2 Nov 6 113% 11 Ye 119'/4 43 4 20% Jun 113/4 11 Ye 107Ye 4 26 14 113/4 11'% 119Yz 11 Jan 15 11'% 113/4 1091/4 13 37% Jan 30 11 Ya llYz 119'% lY2Jan 13 15 11 Ye 11'% *973/4 40 Ye Feb 33% Feb Sep IIY4 11% 108 13'% Jan 15 6 13% Sep 9% Dec 11 Ye 11 3% 97'% 24 V< Apr 5 20 Ye 11 % 11'/e 119'% 171 200 *11% No par Mar 12 57 1,000 343/a 109 Ya 20% Jan 3 353/4 •333/4 97'% 4 4 340 353/4 341/4 119'% 29 19 1083% 353% 108'% 109 51 Ye Feb Jan *108 353% *33 Ye 343/a 97'% 10Ye Jan Y4 Jan 108 1083/4 353/4 *33Ye 119'% Ye Jan 85 Ye Feb 35»% 34% 109 Ye 463/4 Jan 22 35 Ya 34 2 Eastern Airlines Inc 100 108 3/4 35'% 0' 97'% Eastern 7 107Y4 .1073/4 • 119 1 11 1,400 109 Ya 4 20 283% . 97Y4 Feb Feb 283/4 109 Ye 20 3/e Feb Feb 5,500 283% 1183% 18 Ye Feb 94 24 28 Ye 973/4 25 24% Dec 400 23 Ye 29 - 18 118 3/z 15 y2 Jan 38 18 24 28% - (EI) & Co— 18 Ye Jan 102 22 31 de 22 Y4 Jan 10'% Oct 48% Dec Pont 8 165% Jan 18 23Y4 283/4 28 V* <■ <18 2 Common 3 30 18 24 183/4 109 3/4 12 22 *17Ya 23 • 5 52 VA Feb 4,200 23 ■ 22 3% No par 49Y4 Jan Jan 2,500 10 »% No par Feb — 3 10 series 48 10,600 67'% *2 Ye series 4 25% Mar 25 3 10'% $3.50 12 48% Jan *64'% 67% $4.50 48 Ye Jan 9 10 10'% Preferred 50% Jan 7 2Ya 3 10 3/e Preferred 5 9% Jan *64'% 67% 3 10'/a 1 9 22 Oct 6 29 *64'% 3 • *18 22'% 343% convertible 19Y4 Mar 27 2 May 28 12 % Sep 14 39 y2 Sep 21 Jan 67'% 3 10'/a »/4 9 Dec 169 *64'/4 10 35'% common 23% Mar 11 1 89 45 Co 28% Jan 5 67 Yz 4,700 Feb 98 48% Jan 18 30'% 107'% preferred 100 Dunhlli International. 1 Duplan Corp No par 5 118 y2 Jan Chemical 33/4% du 30 30 35%. No par $4 preferred series A Dresser Industries common Sep 30'/a *34 Ye No par Ltd Dow 16% Jan 30 107 3/z Dixie Cup Co No par 5% conv preferred series A 50 Douglas Aircraft Co Inc 36 Va Sep 30 2,000 • 5 156 y2 30 25 Ltd 9 18 30 5,900 - 1 Distillers Divco 1,800 80c 8 15 y2 Mar 17 29 Ye 183/2 100 Corp 4 47% Dec 29Ye No par common: 38 Va Jan 16 183% 122 Ys 28 Ye 6,700 99 18'% 18% ■ 10 - $1.50 cum preferred Diamond T Motor Car Co 1023/4 Feb 83% Jan 2 23,900 62% 99 183/a • 3 3 10% | _ 101 Yz Feb 31 62'% 99'/e *643/2 2 8% Dec 63'% 18 3% 29Y4 4 41% Jun 62'/4 98 3/4 18'% 20 Edison 333/e Feb 17 V2 Sep 18 20% Sep 22 13% Dec 4 63 Va 98'A 18 Ye 18 3/e (The) 1003/4 Jan 10% May 15 62% 98 183% g 18 3/z 8 6 63 98'% 973/4 5,460 1,600 18% 61% 97 Co - 18,500 62 61'/4 10o Oil 9 Ye 18% 97 100 new Escrow ctfs for preferred Derbv 15 2 150 220 183/4 29% 43% Jan 15 I8Y4 29 Ye 102% Jan Dec 18 Ye 29 3/2 10 Sep 18 Ye 29'/z 29 75 18Ye 310 95 100 29% 94 y2 Jun 24% Jan *98 293/i 33'% Jun 17 y4 *931/2 99 293/4 • 79 93Y4 98 y2 Delaware Power & Light Co. IF 40 52 19 933/4 971/2 19,100 De 3 4 18 Ye 95 971/2 «/z 14Ye Diamond Alkali Co common 4.40% cum preferred— 23 19 *933/4 3,400 94'/2 46 26 9 Ye Jan 98 2.300 39 14% 273/8 Jan 43 '% Jun 95 *96'/a 123/e 383/4 451/2 Devoe & Raynolds 47 % Apr *93'A 12% 14 S/8 10 4 94% 99 *98 121/2 461/4 19 41% Dec 400 143/a Feb 12 1,400 543/4 45% 24 31Y4 Jun 39Ye 54Y4 14% 29 Yz Jan 4 39 Ye 55 453/4 183/4 Jan 13 39 Ye *54'/2 14'/< 7 Va Feb 39 Ye 55'/4 453/4 8 31 100 401/4 141/a 10 113/4 Jan 14% 46 Feb 8 *133/4 143/8 20 Ye Jan 4 *541/2 13 Ye 46 33 IOY4 Feb 39 Ye 541% 500 13Ye 14'/a 24% Mar 10 28 Y2 Jan 393/4 IOO 5 46 3/4 19% Jun 12 14 i/e 4,600 891/4 14% 14 30 *133/4 34% *43/4 463/4 & 16 Nov 34 3/8 3/4 5 Western.. Lack 15 12 88 Ye 2,700 *87 '/4 343/e 88'/4 5 44 Ye Delaware 17% Sep 18% Sep 29% Nov 33% 89 4 136 333/a 25 2 Ve 333/4 *4 Ye . 60 44 Ya 93 1 17 ♦133 38 Ye Detroit Hillsdale & S W RR Co.lOO Jan 44 7 Detroit-Michigan Stove Co Detroit Steel Corp 7% Sep 3,600 136 44 *87'/4 5 14 26% 263/B 26 Yz *133 44 Yz 33 33'/4 89 *4 Ye 19,500 333/e 7 25 32 Ye , 26 Yz 800 -83/4 43 Ya 43 Yz *87 »/4 5 26% 136 57 Va 8 Yz 333% 29 10 323/4 89 26 Va *133 *563/4 8% 33Y8 Jan 8 26 3% 136 43 Va 8% 33'/4 10Ye Jan 10 263/a >134 44 57Ye 57 33 4 113/4 Feb 83/4 333/e 12 12 Ye Jan 57 Yz 8 Ye 98 33 2% Jan 4 57 Yz 8 Ya *97% 33 Ye 9% Jan Feb 26% 57 Va 8% 7 Ye 7 Ye 98 33 Yz 6% Mar 17 11 57 Va 7 Ye •97 Va preferred— Delaware & Hudson—. 16% Mar 25 Jan 73/4 98 10 common. 14 11 11,600 7% 98 28 Co 29 10 Ye Jan 300 73/4 73/4 98 300 1,900 10 3/8 Records & 9% Dec 14% May 25 13 Ye Feb 4 30 Va 54% 100 2% Dec 9% Sep 15 10% Sep 21 30 Va 393/4 Detroit 9 30 Yz 54Y4 11 10 *29% 39 Ye 30 Ye Feb 28 303/8 54Y4 9 35Ye Feb *29 VA 45 Ye 11 34Ye Jan 293/4 27 Ye 11 1083/4 Feb 9% 39 Ye Feb 4 9% *133/4 100 4,600 9% 10 Dec 4 6 56 9% 45'/4 5 12 200 6 *55 27Ya 293/4 Feb Jan *170 5Ya 56 10 4 33% Jan 200 5 Ye 56 46 27% Jan 33 % Jan *170 6 9 Ye 21 101 200 6 27Ye 27% Dec 3 •170 6 451/2 16 13 1,300 273/4 23% Jun 22 13Ya *13 10 8 34% Feb 13 Va 46 12 40% Feb 13% 27'/4' 14 Ye Feb 18 13% 44 463/4 Feb 1 1,070 13 Yz 27 Ye 4 Mar 17 700 16 Yz 10 3/e 4 3 77% 16 Yz 44'/4 12 Yt Jan 2 23 Yz 77% 17 9 Ye 43% Jan 11 23% 77 Va 16Y4 27 2 28% Jan 23 3% 77 Va 17% 43Y4 30 30% Dec 23 Ye 773/4 17 Yz 27 Ye 15% Jan 63% Feb 2,700 23 Yz 77 VA 10 »/4 52% Feb 99 Ye Feb 570 44'/a 13 183/4 10,300 27% 21 4 39 Yz 1023/a 10 »/e 10% Oct 12 900 39% 102% 102 3/8 43 Ye 40% Sep 14 31Y4 39 Yz 9Ye 14'/a 7% 16 3/4 Jan 31 39% 102% 1 5 933/4 Jan 31Yt 31 39 Va 102 SOo 3 3 Ye Feb 55% Jan 4,900 Inc 4 9 900 13 80c 32% Jan Aug 4 24% Mar 23 27 12 Ya Co 5 46 27 13 9 Ye 1 series C 100 27 9Ya *13Y4 100 1,400 5,800 t 563/4 80 A l3/« 31 Yz 98 *55 Yz 2o series A Preferred 3.75% 8 5 1% 313/e 56 3/4 •97 Va 136 43% 2.50 Inc Dayton Power & Light common Preferred 3.75% •26% •134 10o No par Daystrom 11 31% 700 23 Ye * 200 7 Ye 57 VA preferred Davison Chem Corp (The) com 33% Jan 48 •31 4,400 4 Ye 293/4 7 Ye 8Yz convertible 18 30 Ye Dec 32 Ya 70 17 Ye *96 98 12 111 Va 9Ye 30 7% 57% Deep Rock Oil Corp 27 •26 Ye 13 5Ye Ye 1 Corp common Deere 14 21 Va 12 Ye *56 98 „ 10 Apr 27 10 4 Ya 1% 12Ya 4,300 173/4 31 Yz 273/8 1,600 177 Va 4 Ye 1% *96 Ye 73% 73 18 31 Ya 313/4 96 Yz >170 98 common A Preferred 30 9 1% 31 Ye 96 Yz 39 6 Va No par preferred 26 14 l3/e 3134 96 Yz 31% 56 Ye No par .Feb Sep 31 Ye 200 6 563/4 5 Inc preferred Feb 99 •170 10 100 Drug Stores Inc—2.50 Publishing common 1 Prior 178% 12 Ye 13 Ye 100 17 Ye Ya 700 99 *98 Yz •177Y4 27 Ye 27 Yz 123/4 1 Yz 313/8 •96 23% 293/b Jan 42 •1 Ye 1% 31 Ye 97 92Y4 *98 Yz 177 Va 4 92 92Y4 73% 4 Y4 53 98 Yz 100 72 Ye •4 Ya 25 4 99 18 of Amer common 9 25 Y4 4% 92 3/4 923/4 *50 53 18 Yz 177% 18 Ya •4 Ye 39 non-cura Press *50 73 Ye 102 11 97 179 173/4 4 Ye 39 Y4 Feb 9 Ye 14 17 •177 Va 18 73 101 Yz 24 Ya Jan 87% Dec 177 Yz 74 Ya - 35% Jan 16 73% 923/s 101% 2 Jun 74 Va 92Y4 393/8 5 60 92 Ye 101 Yz 30% Jan Jan 92% 39 Ye 47 Y2 Jan > 1,900 xlOl Yz 15 108 22 Ye 5 23'A Sep 28% Jun 9 22 Ya par convertible 5% 4 24 223/4 2.5o 33/4% preferred series A Davega Stores Corp common 13 Jun 12 22 Ye No Dana Jan 32% Jun 22 Ye •95 common 8 90 95% Jun 22 Ye 26 No par Corp preferred 11 37 3A Jan 30 22Ye 700 46Y4 1 12 5 11 Ya Jan Sep 22 Yz 9,300 25 Ye 25 Jan 13% Feb 4 Mar 22 Ye *50 10o 34 y2 Feb 2 64 1,500 ' 88% Feb 4 17 July 24 23 va 22% l 26 29 61 23 Va 98 Yz 11 Jan 16 23 Yz •98 Yz Inc 92 24% Jan 23 Va 100 Inc Mar 16 60 24 100 Cushman's Sons 16% Jan 7 24 *98 Yz Cutler-Hammer 39 '% Dec 28 24 Ye •98 Yz 10 15 15% Oct 24 100 Zellerbach Curtiss-Wright 26 16 81 % Apr 600 243/8 100 20 11% Dec 55%Dec 29 22% •98 Yz Jan Ya Jan 4 8% Mar 17 12 Ye May *22 •98 Yz 44% Feb 135 33 % Jun 86 22 Y4 243/a Cunningham 54 Ya Jan 15 83 22% 99 $2 preferred Curtis 98 Jan 82% May 28 22 Va 8Y4 100 Cream of Wheat Corp (The) Cuneo 4 Jan 31% Sep 57 22 Va 8 3/8 S'2% Cudahy Packing Co common 4 y2 % preferred 9 Ye Jan 57% Feb 40 Y4 Nov 22 Yz 13% 15 19 22% 13 Yt 21 17 22 vA 133/8 6% Sep 23% Sep Sep 17% 13% 49% Sep 31% Jun 61 17 29 93 49 60 Ya 16Ya 17 Yz 2 14 % May 61 Ya 16Ye 77 Yz 29 13% Aug 20 61 16 Ye 8% 23 Va 8% Apr Jan 83/8 61 3/8 16 Ye 17 Yz 34 % Jan 22 8 3/» 61 17 77 Yz lOOYa Jul 28 Dec 8Ya 61 Va 23% 4 10,200 8% 17% Feb 8% 300 17 233/4 6Y4 Jan 2,800 60 Yz 78% 57 73 Ya 8Y2 17% 12 Ye Mar 19 Mar 17 73 4,200 17% •77% 13% Jan 733/4 •98 Yz Crown Cork & Seal Common 5% 1.600 73% •98 Yz common Crucible Steel 123/s 8 common perferred $4.20 123/b 100 International Crown 12 Ya series of 1947_lQO Petroleum Co 12 VA 1 20 preferred 33/4% 18 3/4 22% Refining common_25 preferred 100 Crane 73/4 183/4 7Ya 60Ya 10o 31 4 8% 100 15 18 74 Va Cuba RR 6%" 5% Sep 93% Dec 131 733/4 Cuban-American Sugar common—10 7% preferred _100 7 6% Sep 74 Yz 9 5 8% May 21 64 74 743A Shares 7 3/4 19 17Yz Products Coty 9 8 18 12 Va 26 4 Jan 24 15 12 vA 77% Feb Ya Jan 185 Jun Nov 12»% 20% Jan 53% Jan 8% Feb 6 5% Sep 52 •12 4 4 Jan 73/4 *18 3/4 5 11% Jan 17 7 Ye 19 Ye 72 Va Jan 5 31 11% Dec Feb 32 7Y4 *183/4 14 Y4 Jan Mar 17 89 15 15 7Ya 19 Ya 4 Ye 21 103 13% Dec 24 180 4 17 Jan 33% Jan 16 28 VA Jan 35% Dec 34% Jan 10 26% Jun 91 2 7Ye the Week 50 series Works Feb. 12 19 Ye 12 Sales far Friday Feb. 11 60 5 Electric pfd 3 Ya % Cosden 10 2 Delaware 22 16 16 Jan 5 3% Sep 15 1% Nov 3o 6% Glass 3 Ya % 15 15% Dec Monday, February 15, 1954 Thursday Feb. iO Ye 7 743/8 10 Wednesday 19 vA 12 1 of Dubiller Corning 93 % Sep Mar 31 5 Corp Corn Exchange Bank &, Tr Co 93% Sep 161 73/4 •183/4 Corp 14 Cooper-Bessemer Corp common 5 Copper Range Co No par Copperweld Steel Co common 5 Convertible pref 5% series 50 20 4 15 90 Y2 Dec 1 Jan 45 26% Mar 25 Jun 49 30 15 48% Jan Jan 21 y2 Jan 28 30 18% Sep 2 Steel 22 5 Fibre Continental Motors 4 11% Mar 25 62% Jan 15 Mar 18 . HIGH SALE FRICES Feb. 9 25 com preferred Jan 7% Jan 14 13 15% Sep 43% Dec Cop & Steel Ind convertible 15% Jan 7% Sep 48% Oct 19% Sep 5% Tnesday Feb. 8 Fmr Insurance 67 . Continued—Page 4 LOW AND EXCHANGE Lowest Highest Lowest . IT Co preferred series A Erie & Pittsburgh RR Co 10 23Y4 23 Ye 25 2 6 Ye 26 3/4 100 8.50 *95Y4 24 97 24 26 Ya 95 Va 97 24 24 Va 23% 24% 23 Ye 2 4 Ye 23 Ya 8 Yz 83/4 8'/z 81/4 83/a 8Y» 8% 1 8% No par 18% 18 Ye 18 Ye 100 68 Y4 68 Y4 *68 Ye *72 74 Yz 37 Ye 37 26% * 8Yz 50 \'a *72 *95Y2 18 Ya 18 183/4 69 68% 70 74 Ya *72'% 74% 18Ys 18 *691% - *72 - 70 74% 1,300 260 7,500 - 8Y4 4,100 18 Ye 18 *69 Ye .*72 12,600 17,800 70 74% 1,200 Number 5299 Volume 179 The Commercial and Financial Chronicle ... (727) 19 m-i NEW YORK STOCK RECORD NEW Range Since Jan. 1 Eureka 15 9y2 Mar Jan 19 9V2 Jan 8 Sep 14 14% Mar 11% Jan 4 13 % Jan 15 Evans 12 Nov 10 16% May 12 % Jan 4 13V2 Jan 18 Eversharp 14 Jan 2 2 3 4 60% Feb 11 Ex-Cello 2y8Jan July 13 Monday 6 2% Jan 18 Par Corp gy8 9 i/8 9'A 5 12% 12% 512% 12% 12% 3 54% 55 2.50 *2% Inc Exchange Corp ; Buffet Corp HIGH SALE PRICES Wednesday Feb. 9 5 Co AND Tuesday Feb. 8 1 Products 49 y8 Jan 59% Mar 39 % Sep STOCK YORK Williams 6% Sep 10 9 LOW EXCHANGE Highest Lowest Highest Lowest Continued—Pago 5 STOCKS Range for Previous Year 1953 9% Sales for Thursday Friday Feb. 11 Feb. 12 Feb. 10 the Week Shares 974 Va 9% 12% 12% 12% 12 (a 13 13 12% 12% 12% 12% 1274 1 2% 12SA 1274 3,800 55 56'A 553/s 58% 58'A 6074 5974 60'A 9,200 2'A 2(4 *1% 2% 2% 100 22% 2% 9% 13 2274 2274 2274 9 *2 9% 27s 9% *2 4.200 703 F Fairbanks 29 11 Jan 26 Fairchlld 18 % Jan 27 Fajardo Sugar 14 21% Jan 4 15 10'A Mar 25 9% Jan 11 16 % Dec 29 22% May 11 16% Feb 9 14% Oct 13 16% Mar 24 Jan 28 16% Feb 9 15 % Jun 17 19 Jan 8 17 % Jan 5 18 72 Feo 12 28% Mar 25 * 15 Feb 27 4 15% Jan 7 24 57 Jan 14 52% Jan 11 55 21% Sep 21 34% Apr 14 23% Jan 11 26 Family 5% Fansteel Mar 9 48 Oct 9 66% Mar 9 59% Jan 8 61 Jan 20 Sep 14 53% May 4 49% Jan 5 51% Jan 7 bVa% 7% Apr 3% Dec 31 1 35% Sep 14 48 1 105 94 July 8% Dec 41 May 21 Feb 10 5 38 7A Jan 4 Mar 2 99 % Jan 4 103 50 50 Corp Corp Federal-Mogul 2 5 Federated Dept Stores common 4%% preferred 100 15 8% Jan 4 9% Jan 26 Felt 2 20% Jan 4 24 % Jan 25 Ferro 5 76% Jan 28 81 % Jan 18 14% Jan 12 17% Feb 4 Fidelity Phoenix Fire Ins N Y—10 Filtrol Corp —1 63 Jan 12 71 Feb 8 Firestone Tire & Rubber com—12.50 6 107 Oct 26 106 Jan 11 8 54 Dec 21 50 Jan 12 77A Jan 13% Mar 17 30 25% Sep 18 32 Sep 10 16% Aug 24 21% Jun 10 100 & Jan 5 53'/2 Jan 5 25 Firth 107 29% Feb Tarrant 4%% 5 National (The) 109 Stores Carpet Co Co 5 31 98% Jan Feb 8 16% Jan 17% Jan 21 7 28'A Jan 30 % Feb 8 Florida 39% Oct 11% Dec 22% Feb 25 % Jan 11 27 29% Dec 9 Mar 25 Feb 21 38 % Jan 41.. Feb 14% Jan 8 Florida Power & Light Co 22 101 17% Jan 33% Oct Jun 9 89 11% Jan 3 30% Jan 34% Jan 93% Jan 95 Feb 4 40 Jan 10 Jan 2 37% Jan 12 27 88% Jan 6 Food common_No par 1 Corp Steel Corp Stores Fair Inc Food 15 Corp 10 100 Machinery & Chem 3%% convertible 3% % preferred Jun 26 96% Jan 12 94% Jan 4 98 % Feb 8 14% Sep 15 23'A Jan 20 19 Jan 11 21% Jan 27 Foster-Wheeler 6% Dec 29 13% Apr 13% Apr 15 6% jan 4 8% Jan 25 Francisco preferred 39% Sep 10 10% Feb 11 Jan 7 Franklin 45% Jan 55% Feb 12 Freeport 14% Jan 1 May 15 13 51% Mar 17 9% Dec 30 11 11% Feb 9 Sulphur Froedtert Corp Fruehauf 9 Jan 27 % Mar 24 23% Jan 26 Feb 5 79 6 69% Jan 76% Feb 3 3 5% Jan 12 6% Jan 22 Jan 4 2z7a rea i2 Gair 13 6% Jan 4 7'A Jan 15 34% Jan No par 1 Corp Jan Dec 22 4% Sep 15 15% Sep 6% Sep 15 20% Jan 15 8Va Apr 33% Dec 30 20% Jun 10 27 % Jan 23 4% 20O 16 y4 16'A 16% 16 V« 16'A 16% 16% 4,700 18 % 18% 18 "A 18 % 1874 1874 18% 5,700 56 5574 *55 56% 24% 24% 24% 24 24 Va 24% 24% 1,900 14% 14 y2 1474 1474 14 % 14% 14'A 6,100 *59 *55 60% *59 60(4 51 51 x50 4 4 *59 60% 50% 50 50% *374 4 Va *4 *55 4% *58 61 *48% . 49% 4 23 7A 2374 23% 2374 23% *2374 39% 40% 39% 39% 3974 3974 39% 103 102 103 103 103 Co 103 6,300 220 103 9% 97'a 974 9% 700 237s 23 % 23(4 23 23% 23 23 Vb 2,200 78 y4 .78% 7774 78(4 77% 18% 77 777a 1,900 177a 13<000 17% 17 17% 69(4 71 • 51 50% 29% 29% *100% 101 101 106 69 5,300 20 106 51% 29% 5074 5074 900 8% 8 2974 29% 101 17 6874 107 51% 8 7% 17% *105 5074 5074 7% 77A 107 *9% 6874 68 6974 68% *105 974 17% 17V» 17 70% 107 *105 974 8% 8% 2,500 29% 29 101% *101 *101 29 1,900 200 102% *17% 17% 17(4 17% *1774 17% *1774 17% 200 30% 30% 30% 30% 3074 3074 3074 30% 4,000 40% 40% 3974 40 y4 3974 40 39% 40 6,500 13% 1374 13% 33% 33 1374 32 3A 98 *94 •• *13% 33% *94 98 13% 13% 327a 97 *94 900 327« 13'A 33 3274 *95 4,700 96 —_ 38% 38% 39 3874 39% 39 39% 39% 39% 94 98'A 20% 7% 10% 51% 11% *92% 95 9474 9474 9474 9474 94% 94% *98V4 99 *94% 96 98% 98% *98% 19% 20 20 Va 197A 19% 19% , 7,800 160 99 20(4 • 220 , 20% 3,400 ' 7% 7% 8 8 8 8 8 1,400 8 *10% 10% 1074 10% 10% 10% 10% 10% X50% 52% 51% 52% 52 5474 54 5574 6,500 11% 11% 1174 1174 *1174 11% *1174 11% 300 6,700 1 common 90t) •40 x25% 25% 25 y8 25% 25%. 2574 25% 2574 25 Va *75% 77 75 75 76 76 75 75 76 900 5 25% 100 Trailer 600 ■* 23% 1 preferred 700 4 23% ♦102 100 56% 51 *11% 76 10 Co Gamble-Skogmo 38% May 19 21% Sep 15 68 Stores 30,900 177a 14% 98 20% 7% 10'A 10 1074 / 24% 33% 98 100 1 Corp Sugar Co 10% *1674 *55 30 % 41 13% 38% 92% 1074 1774 79 . *95 1,800 1074 *1674 9% 33 Va 1 of *51 2274 1074 17 y4 23% 30 40y2 13% 10 common ser 22% 1074 *1674 is y8 - No par 2274 10%' 16% 16 y8 *106 % 107 50 V2 51 8 8% 29 Va 29% 101 101 *17'A 17% 7% $4.20 div cum pfd , . No par Power Follansbee 20 94% Feb 103 (The) preferred Florence Stove Co 13 5 Jan 43% Jan 6 81 6 31% Dec 99 11 Sep 16 $4 , No par 24% Feb 93 70. .. 2274 10% xlG% 23% 23% *78 17% 1 preferred Flintkote 3 Mfg Co Corp First 8% Jan 1 31% Jun 5 Jan 7% Dec 92 40% Jan Jan A series ser 1953 18% July 30 8 15 101% Jun 7 1 75% Jan 14 13% Jun 53% Sep 23 7A Jan 50 No par common 86% Jan 7 67% Sep 15 pfd conv Fawick 1 ,_1 2974 Jan 13 29 Oct 19 4% Jan Jan 23 27% May 21 Oct 22 4 19 3% Jan 1 20 Metallurgical Corp Federal 22 'A 22 % 10% 10% 17 '/a 17% 16 16 % 18 18% 55 55 24 % 25, 14% 14% *59% 60 y2 50% 50% 4 4 *23% 23% 40 Vb 40% 101% 102 *9% 9'A par 1 Fedders-Quigan Corp 5% conv cum pfd 40 18 No Co Brewing Corp Finance Corp common preferred series B 14 15 Co & Engine & Airplane Corp_l Falstaff 8 Jan Jan 48% Jun 10% Sep Morse 23 Va Jan Sep 6% Sep 21 \ • 230 G 7% Mar 19 28 2 6 36 % Feb 5 13 Jan 25% Jan Gabriel • 22 Co Co 5% Gamewell 28% Jan 27 22% Jan 4 23% Feb 1 22% Sep 15 33% Jan 20 24% Jan 7 27% Jan 27 Garrett 10 Gar 4% Feb Co 2674 27% 26% 27(4 2674 4% 474 4% 4V, 4% 4% 50 *28y8 28% 28 2 8'/a 27% 28% 28 28% *28(4 28% 1,600 Corp—— 1.66% 26"A 26% 26% 26% 2674 26% 26% 27% 27 27% 2,900 com—1 23% 23% 23% 2374 2374 2374 23% 2374 23% 23% 3,900 100 103% 104 103% 103% *103% ♦103% 104% 39% 40 39'A 39% 3974 39% 3974 40% 40 40% 10% 10% 10 y4 10% 10 y4 1074 10% 1074 10 Va 10% 149 'A ♦147 Gaylord Container 22 27% Jan 20% Jan 4 23% Feb 9 General American convertible 98% Jun 24 104% Feb 6 Jan 18 104% Jan 4 31 Sep 15 40% Dec 18 38 '' Jan 13 40% Jan 5 General Amer 10 Nov 19 14% Mar 18 9% Jan 12 11 6 General Baking 142 July 1 Jan 20 148% Feb 4 18% Jan 4 21'/2 Jan 22 General 10'/a Jan 27 General Feb 11 4% 9% Sep May 14 15 78 6 4 8 71 Feb 2 74 Mar 25 Jan 35% Mar 25 31 Jan 21 31 % Jan 2 18% Jan 4 20% Jan 15 10 Dec 28 129% Apr 2 122 Jan 15 127% Feb 10% Nov 9 11% Dec 7 11 Jan 8 31 preferred Investors Co No par Bronze preferred General Corp— Jan 4 39% Feb Jan 4 42 Jan 4 97 % Feb General Electric 9% Jan 5 10% Jan General Finance General 3 11% Feb 26 87 50% Jun 23 61% Dec 16 56% Feb 4 88% Jun 18 94% Jan 2 94 Jan 8 9% Dec 31 14% Mar 19 10 Jan 61 60 % Jan Feb 4 11% Feb 1 5 General 1,400 58% 5,400 99% 99% 500 11 'A 1174 9,300 66% 66% 1,300 26 112% Jun 2 123% Jan 5 118% Jan 4 123% Feb 5 91 Sep 15 21% Sep 15 42% Aug 31 21% Sep 15 99 % Jan 14 Jan 4 99% Feb 11 24% Feb 5 54 Jan 27 Feb 12 General Eqp 57% Jan 4 62% Feb 10 5 3% Jan 4 3% Jan 25 General 23% Jun 10 29% Dec Feb 11 Sep 18 93 May H 19 15 25% Feb 12 51 86% Dec 30 34% Jan 99 Sep 69 General Realty 12374 98% 99 y4 9874 12 21% Feb 5 General 24 Va *24% 24% 12 46 Feb 8 General Shoe 6 90 V4 Feb 2 Gen Steel Castings 50% Feb 4 General 16 25 General Time 28 99 Jan 28 29 % Jan 85 76 28 Dec 18% Jan 15 2 23 12% Sep 15 16% Mar 25 79% Apr 13 82 % Oct 2 10% Sep 27% Oct 23 21% Jan- 14 32'A Feb 19 80% Jan Mar . 4%% 102% Jun 4% Dec 49 Dec 2 1 Dec 22 6% Jun Mar 19 108% Feb 4 9% Jan . „ 4 14% Jan 29 Feb 5 4 12% Feb 12 Gleaner Harvester 4 34% Feb 1 Glldden Co 7% Jan 29 150 Jan $5 10 15% Jan 88% Jan Gold Goodrich 52% Jan 12 59% Feb 109 10 105% Jan 5 Feb 20 5% Jan 25 6 55% Feb 8 33% Mar 4 27% Jan 4 30% Jan 25 2% Mar 25 1V* Jan 4 1% Jan 4 9% Feb 25 30 33 Mi Feb 20% Jan 5 15% Jan 7 Jan 12 8 11 7% Jan $5 Grace 98% Jan 28 86% Jan 5 92% Jan 31 33% Jan 6 34'A Feb Granby 8 30 5 45 Dec 29 17% Oct 1 128% July 17 64% Apr 15 97% Feb 4 94% Jan 8 99 % Feb 7 7% Jan 26 8% Jan 5%% 5 Nov 78 Mar Dec cum 11% 12 4,900 47 6,000 Northern Great 7% 1 12 (H 7 95% Feb 11 - 4%-% 7% 150 7 7 150 *145 *146 150 2,400 5,100 12% 13 85% 84 y4 8474 8474 85% 85 85% 5,200 58% x58% 59% 57% 58% 57 57% 16,000 109 109 5% *5% 5% 55'A 54% 54 % 29% 29% 1(A 7% 29%. 1% 7'A 29% 5 33TA 33% 33% 34 16% *90% 16% 16% 16% 100 5 common —100 com 1 No par Prop—No par No par 6% 109 55'A pfd Sugar com No par 3374 *98(4 8 *30 92 34(4 99(4 8(4 30% *107 5(4 *54 29% 109 10874 *106 5% 5% • 1% 174 1(4 1% 174 7(4 7% 774 *7% 7% *33% 34% 3374 3474 lti % 16% 1574 16% 92 34% 34 *90% 34 *99'A *98% 99% 8% 8(4 8 30'A *30 *30 91 % 29 174 7,900 7% 1,600 34% 34 V2 800 1574 16% 5,100 90 90 500 7.600 34% 34 34 99(4 *99 100 8% 8 Va 8% 30% 2974 30% 8 *30% 8% 31 20 2,000 40 8.000 18 V4 18% 18% 18% 1874 19% 19 19 18% 19 59 60 60 60% m% 69% 60% 61 62 6274 1.800 50'A 187A 51 19 50% 50% 50% 50% 50% 5o% 50% 51 4,700 18% 19'A 19% 3,300 141 141% 142% 19 (a 19% 141% 141% 19(4 % 19(4 144 144 144 *74 80 *75 33% 3374 3374 21% 2174 2174 217A 33% '*2174 3 13% 14 1374 13% 1374 1374 1374 —100 *92% 93% 94 94 94 94 94... 95 % 80 ' 170 80 33% *72 19 Va 143 21% 80 *72 5,400 33% 3T% 33% 22 2174 22 1,000 14 1374 14 35,200 — 1 2.900 1% *7(4 ■ 99 % 21% — 400 34% Tap ti Die Corp„No par (The) 1,600 90 100 100 5 % 54 % 34(4 80 33% Inc 2874 - 108 92 141 RR. ♦54 29'A - 1% 7% *90 5% 54 % 29% 29% ♦106'A 5% V2 54 54% *72 33% Western preferred 7'A 150 12% *5% 25 Co 500 12 % 4 Paper Co Corp 7 7(4 7 *147 100 L) 1,800 6,600 12% 10 (The) Iron Ore Ry 108 1274 12.50 MS&P Common 25 *145 100 1 Bay & Greenfield *7 150 No par i preferred Western Green 7 *145 No par Co Motors preferred Green 7 100 *103% 11 90% Jan 83% x577A 10 95 y2 Jan *82% 58 (A Feb 87% July 31 83% 57% 19% Feb Jan *82'A 1274 4 14 83% 12% 4 4 *82'A 84% 17% Jan Feb 82(4 12% 131% Jan Gt 31 22 82% 85(A 4 33% Feb 82(4 12(4 Feb 4 82'A 85'A 4 8 1474 *107 Rubber— 45% Jan Jaii 14 Va 1 Great Northern 30% 1474 5,400 Gt 20% Jan 108% 14% 6,600 12 144 107% 14% 103 1274 10 Northern 46 Va 47'A 47 47 Va 4674 46% 108 34% 27 51 117a 108'A 47 108'A 10 40 1274 b2% Feb 13% Jan- 12 11% 34% 19% Feb -page 26 11% - 12% 30% Jan 14 Va Dec .-*-t 12 12 34 34 4 2 For foomoiet. 73% 83 12 Va preferred Greyhound 12% Jan 73% 34 4 2 73 11% 11 23% Mar 25 73 3474 Jan 40% Jan 7374 *87 14% 40% 108 5,609 *72% . 10 Co 31% 82 10 Co 103 31% 82 No par Consol 31 31 82 F) & *100 103 *100 3174 *81 No par (W T) 3%% 12 103 x3iy8 11% Jan 22 *100 31% 31% 34% Jan 18 103 1,000 1174 17 19 y. Sep *100 190 ■ 3474 54 29% Dec 103 2674 11% 29 2 26% 34% 9 19% Mar 27 141 267a 11 (/2 27 58% Mar 25 4974 2674 34% Grayson-Robinson Stores $2.25 conv preferred 39% Mar 17 19% Nov 48% n«/2 Hosiery Union Grant 11 16% Jan 56 4974 2674 32.400 48% 34% Granite City Steel common 27 34% Dec 30 40% 2674 No par (W R) Grand 7 29 15 Nov 50 27 1,400 91 4674 Gould-National Batteries Inc— 19 Jan 16% Jan 36 29% July 16 14% Jan 49% Inc & Graham-Paige *90% 91 2.50 preferred Gotham *90% common—No par Common 9 4% Jan 51% Jan 90 Va *107% Co (B Tire 4574 14% Telegraph Co Co 21% 45% 14% Corp (The) & Stock 3,700 2174 14(4 . preferred Goebel Brewing 11% 5,500 217a 45% 2174 27 r 2,500 45% 12% 27 32'A 28% 103%- 21% 12% 14% common Goodall-Sanford 27 34% Dec 52 31% 20,400 12% 12% 46% ■ 31,900 31 8 1 preference—No par Brothers $4.50 7 4 convertible GimbH 27 Jan 77 19 28% Dec *100 *102 400 3% . No par 15 4 —1 Georgia-Pacific Plywood Co Gillette (The) Co common Jan Feb 4 *23% 103% *102 13 48 Va 49(4' 49% *26% 90 4 18 22 90 Jan 15 Dec 90 ♦45% 29 14% Sep 85% Oct 7 46 90 2174 2174 46 12% Jan 26% Jan 86% May 22 2.50 com "" 21% 46 90 , 21% 7374 20 - 21% 45 82 Jan 3074 .29 29 29 103% 1274 13 13 *72% 61% July 21 29 29 24% Sep 1 59 100 Rubber & 13 *81 Feb Goodyear 15 20 Corp common.No par preferred General Tire 8 12% Feb 5 7 - 13 73% 6% Jan 3074 30% 29 *102 63 % 374 3% 12,400 30 29% *63 31 2,300 52% 52% % 63% 374 3074 29% 82 140 374 103% 28% ♦102 *72% 80 31 14 30% 29% 103% *81 46 2q 21 30% 29 102 100 10% Jan Sep 30'A - 6274 374 374 5 *62%' 6274 6174 3% 100 28% Jan 60% Sep 61% 3% 30% preferred 9 8% Jan 61 % preferred 38% Mar 20 139% Dec 29% 4(4% 83 15 52 2974 3%% 8 30 5174 2974 6 Jan 6% Dec 5174 ir 82 48 130% Jun 51% 74% Jan 109 14 16 200 28% 4 11 Dec 1,2C0 52 11 105% Jan ;t 4 13% Jan 4 49% Dec 106 600 99% 24% 29 Feb 73 123(4 *98% *24% 50% 10'A Jan 1 123 % 43.600 62% 24% 124 99 *24% 28% 3% 138 62 Va 99 % *123% 24'A 61 "A 180 123% .< *132 6274 29'A 75% Jan May 11 62 % » 52 par Telephone Corp— Jan 4 137 51 No par 27 96% Jun 43% Sep pfd $6 ♦123 122% 24% 1 7 * 122% 28% No par 4 Jan 124 •U 67 *66% *132 1 Corp 25% Jan 99 *12374 , 1 Refractories Jan 11 99% 24% Utilities—10c & 44 % Jan 32% Jan 11 1 10% 62% 62(4 63 123 % 100 2 July 29 9% Oct 13% Feb 87% Jan 100 123% 135 99'A preferred 5% Sep 18 34% Mar 11 8 15 *130 100 - 101 31% Feb 22 22% Sep 74% Dec 4 41 23 66 65 12374 123 132 10c 45% Nov 25 6 25% Sep 26 20% Jan 96% Mar 16 Apr 65 123 123'A Signal com-No Railway 8 Jan 3 Sep 40% Nov *63% *126 123'A Service 29% Feb 12% Jan 64% 123 132 *98% General Public Utilities Corp 25 16 - 62% $2.90 convertible preferred-No par 21 Dec 122% . 63% Co 4% Jan 14 ,.-6374 *126 - *98% 11% 11 10% 10% 100 x627A Corp— 59% Dec 2 11 100 6,100 39 38'A *41 % % 587a 58 58 57% 98 100 *97 No par series 8 10% Jan x57% 99 ,10% Advertising-No par 10 General *10 58 38% 39% No par preferred 3% Dec 31 10'A *97 5 common 55% Dec 4 93% 57'A No par preferred—^lOO Corp 11 % 10 No par General Portland Cement 30 18 2,200 58 Jan Public 100 11% 11% 1,400 65 Precision 127% *126 10% 4 18 11% 10(4 58% Jan Jan 126% 11% 10% 4 28 yB Jan 126% 11% 10% 69% Feb 27% Jan 127% 11% 10% 15 100 127% 11% 10'A 53% Sep 16 125% 11% 500 800 1874 10% 18 28 Xl25% 70 - 31% 92% 10 21 126" 92% • 1 12 Oct 126 , 37,600 Jan 37% Jan 18% 41% 66 J/2 Feb 100 31% 18% 97'A 123 % Feb 8 4 31% 18% 95 lzb 11 31% 19 9574 4 Jan 31% 19' 39 18 25 3174 19 41 Jan 22% Jan 31 Va xl8% 3iy2 3874 % Jan 48% Jan *31 19% 9'2 % 60 5 3,900 *41% 123% Jan $3.75 700 11% 74% 39.% 119 Outdoor 21% *73 Va . 41% 2 27% Mar 23 74 93 9 54% Mar 30 73% 4174 14 25% Feb 73% 92% Jan $5 *72% 41% 119 Preferred 73% 93 124% Jan General *73 11(4 HVa 38% H 95 73% . 41% 17 Motors 11 38% 22 General 11'A 11 19 Corp.—1 General Mills common No.par 5% preferred _■ .100 convertible 21% 10% Instrument 3% % 21 10% 41% Jun Jan 21' 11 41% Jun 52 21 11 x38% 113% Jun 106 149'A *21 21 *31. No par Corp com preferred.—- $3.50 10 100 *146 21% *2074 3,000 common—3 Foods 92 % Dec 149% *146 8.7C0 conv)__No par Corp 6 15 cum 149 y4 110 , 11% Co ($2 *147 104 104 10 Dynamics Corp Preferred Feb 149 % 104 600 5.600 : 8,200 A preferred 36 *23% *72y4 . 100 Contract series 6% 39 66% Apr 8% Sep i 21 1st 46% Mar 24 16 *147 5 Corp Cable 48% Mar 24 July 28 5 common preferred General 35% Jun com preferred 1% 11% Feb 117 Inc Corp com No par preferred 100 4% conv 2nd preferred—*.—50 General Cigar Co Inc com—No par 6 19% Jan 29% Sep 16 16% Jun 10 1,100 4% 11 70 27 . ' 25% 2674 12 $8 400 23% 4 Vb 28% Feb 11 % Jan 23% 23(4 26% 27 % Ftb 145 *25 2374 4(4 4 Mar 24 *3574 25 2374 26'A 22 22% Mar 17 3674 3674 25 *35% •25 4% Jan 155 36'A 2,000 25% 27 5 25 20,900 7 1 25% Jan 17% Jan *3574 25 22% 2 (The) Industries 7% Mar 12 $4.50 6% *23% 29% Mar 24 4%% 2174 7(4 Transportation—2.50 Corp Wood 36'A 25 21% 23% 37% Mar 12 • 36% 5% 21'A 7 Va *7 700 6 5% 21% 7 574 23 Va 14 Jan 36'A 25y2 6 5% 21 7 5 14 103 36'A *25% Co 3% Sep 5 50 21 5 23 % 21% Aug 31 Dec 5% 21 Va 6% 5% 1 common (The)_j 25% Sep 20 5% 20 7A 674 No par (Robert) Gardner-Denver 21 4 Inc Inc common convertible preferred 21% Sep 3% Jan 5% 21% 6% 1 (The) *95 .96 % 640.. The Commercial and Financial Chronicle 20 . . . (728) 6 NEW YORK STOCK RECORD LOW STOCKS Range for Previous Range Since Year 1953 Lowest Highest Lowest NEW Jan. 1 Highest 25% Feb Par 1 Aircraft Corp Grumman 11 19% July 28 28 Va Jan 22% Jan 11 4% Jan 4 2 31 8'/a Jan 5% Feb 4Vt Dec 29 27 % Jan 4 11 26% Dec 38 Va Jan 30% Feb 1 21 4 74% Feb 66% Sep 68% Jan $5 77 45% Jan 4 5 Gulf Oil 14 50% Mar 27 49% Feb 41'A Sep Gulf Jun 22 90 July SALE TRICES Wednesday Sales for Thursday Friday Feb. 11 Feb. VI Feb, 10 the Week Shares 24 Va ■■ 24% 24% 25% 5% 5% 5% 5% 5% *5 Va 5% 1,600 30 Va 30% 30% 30 % 11,200 25% 25% 25% 25% 40.300 States Utilities Co— 20 24% 24% HIGH Feb. 9 Feb. 8 , AND Tuesday Monday STOCK YORK EXCHANGE Monday, February 15, 1954 92 Jun 97 July 1 24 2 Jan 28% Dec 16 103% Jan 16 105% Jan 105 Jan 8 8 1 5% 5'A 5% Gull Mobile & Ohio RR com.No par 29 Va 29 Va 29 Va 29% 29% 30'A —No par *72% *73% 74% 74 74 25 49% 49% 48% 49% Guantanatno Sugar preferred Corp 26% Jan 29 Feb 10 11 102% Jan 20 $4.20 dividend 14 108% Feb 10 $4.40 dividend Jan 15 105% Feb 1 Jan 27 36% Feb Hackensack 29 % Feb 2 Feb ^Halliburton No par 100 100 100 Common Jan 103% Jan 101 105 35 28 preferred preferred $4.44 dividend preferred 74 49 49 Va 27% 27% 27% 27% *102 *102 103 Va *106% 108 *105% 107% * 27% 108 *106 108 48% 23 *102 103 Va 108 - *102 108 % *106 73% 49 48% 28 27% 27% *102 *107 108 Va *106 5,700 103 % 107 % 108 *106 100 21,300 103% 107 Va 108 *73 49 "4 27% 103% 108% 73% *73 108 ~40 H 32% Sep 15 36% Mar 23% Sep 15 30% Dec Jan 2 16 11% Aug 27 61% Dec 30 18% Dec 14 71 5 30 12% Sep Jun 100 15 8 105% Feb 15 131 July 9 22% Dec 29 4% Sep 5 Sep Dec 7 78% Jun 15 5 4 15% Jan 10 103% Jan 2 24% Jan 104% Feb 4 11 6% 25% Jan 29 .5% Jan 29 Hat 2 Jan 8 14% Mar 20 8% Mar 12 131 6 33% Feb 12% Feb 2 13% Jan 22 Jan 7 5% Feb 6 9 9 18% Jan 2 22% Feb 87 5 8,7% Feb 10 Nov Hayes Mfg Hazel-Atlas 6 Hecht 10 Jan 14 35 Jun 22 34% Jan 22 32% Jan 91 Apr 20 97 21 94% Jan 22 96% Feb 5 21% Jan 26 22% Feb Heinz 10 Feb 36% Jan 5 35 2 20% Apr 74% Jan 14% Jan 4 15% Feb 68 Jan 6 74 % Feb Jun 17 126% Jan 121% Feb 2 123% Feb 10 113 6 9 37% Sep 15 44% Feb 3 48% Jun 4 53% Apr 14 23% Sep 14 29 12% Sep 11 18 % Feb Jan 14 41% Jan 5 54 % Feb 27% Jan 26% Jan 11 7 Feb 2 81% Jan 85% Feb Dec 10 19% Jan 19 % Feb Mar 9 100 W) Hotels Hilton Corp Holly Sugar Corp common— (A) 33% Jan 4 36% Feb 4 58 56 % Jan 5 62% Feb 11 Hooker Electrochemical 12 Sep 110% Feb 8 13% Jan 4 14% Jan 20 33% Jan Mar 25 32 Dec 29 36% Jan 30 33 Jan 7 42 July 20 57% Feb 24 48% Jan 18 80% Jun 9 93% Feb 3 July 17 91 99% Jan 5 84% Jan 94% Jan 103 Jan 50% Feb 9 15% 15% 16% 25% 25% 26 26 No par $2.25 conv preferred :50 : Household Finance common—No pur 4 100 Feb 12 4% 90 Jan 26 4.40% 3%% 75 Jan 27 Houston 6 16 Jan 29 Howard Stores 6 4 13% Jan Mar 11 3% Feb 10 4 % Jan 14% Mar 11 7% Feb 4 8 Jan 7 Sep 49% Jun 30% 31 (Del),—25 73% 74 44 40 Jan 11 Idaho Power Co 10 Illinois Central 27 Ltd—No par 6% 43% 43% 50'A 52 preferred— preferred 50 50 *52% 54 % *53 54% *53 54% *53 54% *53 54% *53% 54% *53% 54% *53% 5.4 }/a *53% 54% *53% 54% 8% 9 % 8% 42% 42% '! 4.70% cum 1 Illinois Terminal RR Co 25 Industrial Feb 11 95 Jan Jan 12 23 Ingersoll-Ran(l 1.D Jan 100 Corp 14 % Jan 4 254% Mar 17 246 Jun 5 271 Feb Int'l 4 31 Feb -IntJI i—No par 30% 166% 167'A 166% 167% 90 77 Jan 5 Feb 1 1% Jan 5 2 Jan 20 4 39 Feb 4% -preferred-; 8 83 135% Jan 130% Jan 4 9% Jan 4 11 Jan 60% Feb Int'l Nickel 9 26 104% Jan 13 21 Dec 30 10% Mar 17 6'A Feb 5 7 Jan 45 % Dec 29 64 May 29 45 % Jan 11 50 Jan Jun 29 55 Jan ^ 44% Jan 11 48% Feb 24 40% Feb 3 38 11 36 % Dec 30 54 Jan 26 37% Jan 4 42 Jan 21 35 Jan 19 31% Jan 29 33 Jan 14 16% Feb 10 39% Feb 4 19 . 9 10 31% Dec 18 29% Jan 5 32% Feb 10 28% Oct 8 33% Jan 22 31% Jan 12 341/4 Jan 29 30% Mar 18 25 5 28'A Feb 12 9% Sep 15 11 14 10% Jan 11%. Feb 9 29 % Jan 19 27 Jan . 33% Jan 26 16 41% May 21 31 Ti. Mar 16 30% Jan Jun 29% Jan 31 % Jan 29 22'/'a Jun 15 26% Mar 16 24% Jan 15% Dec 22 27% Feb. 8 18V8 Jan 20 109% Dec 10 6 15% Jail Feb 11 life "A Jan 6% Dec 16 5 Feb 5 5% Jan 4 May 12 19 Jan 6 21% Feb 13 9 20% Jan 21 26 86% Jan 8 40% Feb 3 G Jan 16 57% Aug 31 50% Feb 9' 101 120 Feb 5 Jan 22% Feb1 91% Feb 11 43% Jan: 21 101 Feb 5 74% Jan 2 64% Jan 11 71% Jan 27 66% Dec 8 62% Jan 4 66% Jan 26 22%" J«n 27 , ., 6% 6% 6% 60% 59% 107% *104% 6% 6% 6% *6% Jersey Cent Pu Jewel Tea r 3%% Johns 47 47 47% *46% 47% 210 47 Va 48% 48 Va *47% 49 % 200 39% 39% 39% 39% 39% 39% 2,000 41 41 *40% 40% 39 Va 41 Va 39 Va 41 40% 41 , *31% 33 15% 16 Va 15 Va 16 , * 33 *31% . 33 J *31% 15% 15% 32 Va 33 *32 15% 11 28% Jan 27 •Kaiser 32% 32% 32% 32% 33% 33% 33% 33% 33% 33 'A 33 % 1,300 L_1 26% 26% 27% 27% 28 28 28% 7.200 11% 11% 11 Va 11% 11% 11% 11% 11% 11% 11% 6,200 32 50c 17 % 119 Va & Chem . —No par *22 90% 31% Corp 5% cum preferred teonv) Kalamazoo Stove & Furnace 5 Va - * 20 •• 5% 21' 119% 5% -» '• 5% • 17% 2,400 50 120 5'A 2,800 21 21 21 Vr 21% 1,900 22% 22% 22% 22% 22% 22% 2.000 90% 90% 90% *90% 91% 91 91% 90% 90% 42 43 102% : %" 69% 70% •69% 65 65 21% = x27Va 28 % 49% 3% - *100% 42% 42% 103 *100% 70 70 70% 65% 65% 65% • 2f% .21% 90% 34 34% 27% 28 49% 49% *3% 3% t ■' 21% 90'A 34% 34% 27% 27% 27% % 49% 49% 49% 49 % 3% 3 % >V'4 34% * 3 %' 21% 200 3,700 _ 70 70 Va 6.500 65% 2,300 21% 12,900 90 90 % 34% ■ 21% 90% *90 Va' 21% 66 69% 42 103 65% 69% 65% ' "*90 ' 42% *100% 42% 103 "21% 21% 34 . x49 103 ! 65% 90% 33% > 42% 42% *100% *3V« 5'A * 2.300 22% 21'/ * 41% *100 .... *118 900 3,900 31 17'A 17% 120 31% .26% 22% 90 Va 10 •v,-5 5 Va 5Va 17% 17% 120 31 22% 100 1 17% *119 , 31'A 26% - 5.500 V 20% 12% 10 50 120 *118 31% 31% 20% 1 comJ 17% 17% 417% 119% 100 preferred series A Alum 64,100 32% 1 & 26% Jan 5% 15% 33% 5 Co Gorp—i 1.300 33 26 r Johnson, •Jones & Laughlin Sieel 600 47 47% 25 Va •& I.t 4% ,pfd__100 bo Inc common—' —1 Manville 6% 47% 39 Va 41 20% preferred Johnson 7,900 12,400 33 % HJ| OF I.) Co, 10% 59% 106 49% 41 39 1 preferred "Jacobs 720 25% 10 , Tsland Creek Coal common—, •Jaeger Machine Co., Jefferson .Lake Sulphur 16,400 46% 49% 31' Light. Co 600 2 38% 135 *47% 48 2 6 "a 30% Mar 12 6% 10 V. 10% 59% *104% :• 26% 49 page 26 106% 10% 60 Va *104'A •88 *32% 3.50 Joy Manufacturing Co see 60 Va 106% 31% 8 For footnotes 60 Va *102% 31 25 2 10 Va 10% 60% 106 % 26% 90% Feb 18 10 Va 10% 10% 60% 31 34% Jan Feb *133% 32 4 3% Jan 134% *30% 4 50 134% *26'A 4 4 134% 32% 19% Jan 6 134% 135 *lVa 27 32% Jan 3% Jan 38 Va 2 31 Va 85% Jan 46% Jan 38% 2 26% 3 2 *6% 48 *47% 38 Va *134% 135% 10% 60%, *104 •' *84% 86 1% 38% 31 5 5 ,35 7.50 135 *84% 86 1% 38% 32% 39% Mar 17 Feb *84'A 1% 38% 27% 24 % Jan 8% Jan 86 1% 38% 1% 39 33 86 4 *83 Va 86 31 18 30 *83% 30% 14 15 10,200 32% 14 2% Oct 8,600 31% 27 $6 520 28% 31% Iowa Sep 22% Nov 168 % 25 : Power .Co 82 Sep 29% Sep Dec *167'A Inter type tCorp—i —No par 'Iowa-Illinois Gas & Tllec 'Co.No par 25 1 168 % 20,600 28% ——No par 25 Interstate Dept Stoves & 2,300 1,700 30% 31% 32 Power 15% 271 30% 31 29% 31% Interstate 166% 166% 271 270 31% No par pfd 30% 29 15% conv x269 15% 15% 15% 15% 31 31% 15% cum 360 29 Va International Telep & Telog-No par International Utilities Corp 5 $1.40 '93 % 31'A *31% 29 23 % Dec 92 % 29'A 100 _ - 6,700 94% 32 100 Limited common! — 100 28% 29 .25 preferred 16% 28% 31% International Silver common 1% *16% 28% 1% International Salt ! 4,300 22% 16% 28 % 32% 38% : •Internal,iohal Shoe 22% 22% a 28% —1 preferred— 13,800 32% preferred 5% 46% 28 % -L__.—i-:—No par Int'l Rys of Cent Amcr com—No par 29 30% Dec $4 90 167 5 com__No par Packers International Paper 11 38% Dec Preferred Internal, 101141 L 4 41 ! t of Canada 4,000 45% 46 % *93% 94% 4 *164 200 4,500 106% 100 com International Mining Corp 21 4 • 166 3 3,400 42 281 269 30% 30% 106 22 % 2,100 *16% 16% 29 15% 268 270 30% Int Chemical *93% 15% 268 30% 10 34% Jan 15% 16% 266 ;__No par common 21 5 15% 265 28% Va 8 4% 41% 108 45% 23 94% 29 % Feb 2 22% *164 45% 94 32% Jon 8 22% 22-% *16 *4 167 106 Va 6,200 42% 42% 42 Va 41% 167 45% 45% 94% 5 Jan 167 45% 94% 4 2 % Jan 167 46 22% Jan 47% Jan 167 • 4 4 106 103 Va *16% 28% Jan 7 103 104 *164 101 16% 25 28 • 223A 2 1% Oct 42% 29 26% Mar 24 34% Dec 41% 16% Machines—No par & 41% 42% 28% 39% Jan Minerals 41% 42 % 16 V- 7% ,11 4% 28% .1 'preferred100 Int'l Hydro-Electric Sys class A—25 168% Feb *3% 28 % 20 common Iron Business Harvester 42% 41/4 x45 % 9 42% *3% :164 '« 42«A 33i 99% , 42% 42 41% 44 9 9 9 5 .1 Inc prererred tlntcrlake 19% Mar 11 10 9 100 Chfs Interchemieal 4 % % par _No par Co Inspiration Cons'Copper 15 4 Steel "Inland •Tnsuranslmres 16% Feb INo common preferred-. 6% .26 46% Feb 1 Rayon 9 r3% Industria Electrica Do Mex, S A 29 6 41 % Nov 5 •Indianapolis Power &. Light—No par Jan 4 89% Jan 19 cum 4.42% 42% Jan 14 13% Jan 43 % *51% 92% Jan 6 15,400 *49% Feb Jan 88 Va 113% 4.7'A 52 16% Feb 101% Jan 85% *110% 47% 50 Va 29 Jan 4,500 89 'A 113% 47% 90 115 ' *110 47 Va 88% *110% 47% 85% 85% 113% 43% 4 55 47% 47 83% *109 *51% 5 Jan 47 85% 11334 *50 11 27% Jan 47 85 V4 52 15% Jan 159 46 'A *109 50% 25% Jan 7 100 pld ser A 43 % 21% Jan 5 20 - RR Co common_100 conv *51% 5 21 900 ■1 Illinois Power Co common—-No par 26 166 % Jan 22% *49% 9% Jan 25 1,100 5,500 3% 22 Va 52 42% Jan Jan 3% 50% 11 Jan 22% 43% 22 Jan 3% 22% 43% 8'A Jan 4 noncuin 3% No pax 41 *49% 39y8 Jan 39 41 1,100 Va *51% 10 Nov 2,400 19,500 8 52 25 43 42'A 50 Va 15% Nov 24 101 *7 Va 43% 29% Feb 19 8% 43 % 26% Nov 23 *7% *51 % 15 34 Apr 88% Jun 8% *49 Va 13% July 17 .21% Sep 15 Feb *73/8 50 170 89 8% 50 5 7 *7% : 4 July 8% preferred 4 82 600 *7% preferred—_ Feb 25-% Mar .3% cum Jan 25 3% cum 40% Jan 15 3% 4.26% 97 14 *3% 4.08% 167 Sep 3% 6 5 3 3% 10 23 17% Oct 3% 29 28 17% Aug 31 *3% Feb Dec 30% Jan 3% Jan Jan 130 3% 44 Jan Jan 9,400 50 1 48 Jun 300 12% 51% Jan 12 165 24 15% 12% 1 Feb 47% Feb 90 5 20% Jan 72% *15% 12 % common—100 Inc 113% Jan 12 31 72% 15% 12% 22% Feb 13% Dec 73 'A *15% 12% *22% 4 101 6 72 % 15% 12% 22% 20% Jan Jan 103% Nov 10 73% *15'/a 12% 3% 54 18 *72% 15% 15% 22 Va 7 93% Jun 72% 123/a 12% 3% 54 12% Mar 18 72% *15% xl5% 3% 4 59% Nov 16 6,700 22% 12 132% Mar 11 31 3% Jan lc 31 3% 54 15 10 104 Va 133/s V 1 ——1 100 170 100 *102% 22% 51% Jan 15 100 104% 3% 2 9% Sep 100 Corp 25 47% Jun *99 30% Hussman Refrigerator Co Jan 128% Sep 100 92 Hupp Jan 49% Feb 31 100 92 3% Feb 23 1 Dec 92 16 Va Apr 76 1,300 50'A 92 10'A 51 1 50% 50'A 15% 4 15 92% 93 33% 50% 50 3/b 10 Va 7 21% Sep 27% Sep 300 *50% *32% *32% 33% 50% 93 *99 33 % 50% 50'/a *92 33% 50% 15 Va 5 23 13 Va 33'A 10% Jan 14 13% *32% 42'A Jan 24% Sep 148% Jun 13% 33% 15 Va 52 33 13% 13T4 10 Sep Jun 270 1,900 109 41% 84 13% Sep 110% 10Va ,35% Sep 15 224 13% 104 *109% 16 Va 42% Dec Aug 13 13% *58% *102% 110 41'A 151 86 111 60 104 10 108 18% Sep 58 Va r 15% 50 7 1,100 600 *102'/a 59% 15% 5 6% Mar 16 59 Va 59 IOV4 4 56% Jan 2,900 41 8 30 62'/a 15% 11 23 62 10% Jan 3% Dec 62% 40% 74% Jan 38% Sep 60% 15% 107% Jan 11% Apr 13 42% Dec 22 61 41% > 10% 28 19 2,700 15% 30 7% Jan 27 34% Jun 500 35 V4 10% 88% Jan Oct 21 15% :25% 35'A -6.66% 113% Jan 52 15% 25% r_12.50 11 54 % Mar H 15% 35% Foods 18 18 300 30% I 48% May 19 7,100 6% Hudson Motor Car 11 16 12% *6 % Hunt 2% Jan May 12 6% 16% Feb 5% Mar 19 44 12% 6'A 13'A Jan 14 46 100 12% 303/8 Hudson Bay Min & Sm 2,200 10 Va 30% preferred— 19% *10 30 Va Corp! "90 B6 19% 10'A 42 % Jan 2% Sep 48 % Mar 25 *85 19'A 4 10 8 40% May 25 85 19% 14 2 65% Sep 101% Sep 35% Jun 85 *10 25 Jan 19 % Jan 5 5,200 Jan 17 29 Jan 600 15% 71% 13% Jan 2 21 15 27 % 15 % *69 38% Jan 59% Feb 9% Sep 18% Sep 27% 16 71% 30 Co- noncuin 27% 15% *102% Hudson &.Manhattan 5% 300 41% 12% Dec 24 Howe Sound 1,500 54 Va 104% Oil & Texas 8 15 % Jan :39% *102% 1 11% Jan 39% *53% 104% Light & Power——_No par 64% Jan 39% 54% *1023/8 preferred 7 40 5,000 26 *110 *98% 400 124 Va I '74 15% 110 92% 14% 73% *123% •35% 110 100 14% 73 Va *69 106 33 % *98% 14% 300 124% 104% Houston 36% Oct 58% 13% 36 *25% *103 14 13% 36 15 3A 104 „ 36 300 25% 35% *102 110% *102% 11 16 110% 100 , preferred Feb Oct 61 100 —100 preferred 6 19 31 7 60 % *91% 11 8 62 58 1,200 35 Va ' 93 28% Jan May 62 3 22 Va 15% - 35% 60 13 17% Jan 353A 103 22% 60% 35% *58 50 22% 200 25% - 35% *101 24 79 6% 6% *6% *15% 29 % Dec 21% Jan 12% 6% '96% *27 15% 11% 6% 96% 39% 10 11% 33 Va *53 Va 19% 19% *33% 73% 85 19% 10% 103% Jan 29 *83% 19'A 6% 19 Sep 15 85% xl9 % 11% 22 Dec *83% 19% 11% Jun ' 86 10% Jun 9% Sep 14 3% Nov 18 *85% 33% *123% V 71% 15% 11% 22 14 *69 *10% 96 54 71% - 10 $4.25 preferred 8 Feb 15% *69 Co com—5 21 17 15 27'A Xl5% 27 15% No par $4.20 div 2nd pfd ser B—No par HoudailleTl-Iershey common 3 29 22 26% 15% 71% 27 89 14% 15% *70 *9% :—12.50 Homestalce Mininr 28 108% Jan preferred conv *14% 74 JO 30 Honolulu Oil Corp 5% 14% 14% —5 & Sons 41% Mar 10 116% Mar 49' *35% _5 Furnace Co- 9 7 35% 5 1 (Charles E) Hires Co 11 103% Oct 35'A 27% Holland Jan 35 27 5 Inc Hollander 60 35 54 11 100% Jan 22% 39% 27 4 22% 54 6% Jan 12 22% 39% 12% Feb Jan *96 *86 96% 33% 22 Va 14% 19 90 35% *35 3%% liV'/a 23% *87 22 Va 54% 10% Jan 95% Jan 96% 40'A 9% Jan 57 96% 39% 10% Jan 2 33% 96% *96 *33% 54% 5 4 1,000 33% 33% 23 87% 54 Feb 31 3,800 23 87% 40% 15% Feb Feb 19'A 23 Va 19'A 23 19 Va 19 Va 22% 87% 54 26 Dec Va 22 Va 19 Va 19 Va 22 Va *86 *40 preferred series A 5 64% Jan 8,100 50 414% 4 102 5% 74 Va 19 5 5% 123 Va Jan 16 5% 73% Jan 22 5% 123% 5 Jun 5% 124Va 14 Sep 5% 73% 25% Jan Oct 5% *123% 2 55 5% 73% i 700 8C0 123 Va 17% Mar 23 90 60 ' 12% 123 % 28% Jan 47 5% 33% preferred 100 ;Herslie.v Chocolate common—No par 15 32% Dec 30 *5% *33% 22 22 5% 11 6 5% 33% 72 Va Dec , 5 Va *33'A *14% Motors——.a-, Sep 7% Jan 5% 33'A 12% 97% 96 25 preferred™ non-cum 14 30 1,500 5% 33% 5% 5% .10 common 25 4% Dec 40 25% 25% 500 5% No par 4 12% Mar 11 10 27 Va 140 33% ;_No par 18 22 106 l,I6o 12% 34% preferred series A100 $4% cum 2nd pld (conv)— No par 91 31 14% 12% *33'A 25 Co common Heyden Chemical Corp common—1 73% Jan 16 *27 Va *135 25'A 25% 25% *104 Va 27 % 136 136 100 66 12% 87% Hewitt-Robins 20 8% Sep 106 27 % 7 13% ) 14% *12% *86 :—100 4 15% Jan 10% Dec *65 12% 19 Va 5 Aug 19 72% Sep 14 6 *104% 28 136 25% 25% *5% *33 22% 27 68 62 "27% *133 *13 Va 14% -14% 12% 19 Va Jan 71 Jan 27% 13% 66 *65 1,300 12% *22% 16% Feb 11 14% Jan (G *12% 5 Hercules Powder common 9 2 Mar 27 ! Co preferred •Hercules 21 53% Jan 39 (II J) 7% 10 10 104% 105 133 25 Va 5% 33 %\ 15 Glass preierred Helme 1 15 14 14% 133 25% 33'A 1 2 Inc common 3.65% 1 26 38% Mar 13 13% Dec 60% Sep 34% Dec Co 3%% 10 26% Feb 5% 66 104% 13% 13% *65 xl4% 27% 27% 136 *25 Va 1 *13 14% *103% 105 x27lA *133 13% 66 14% 14% *104 'A 50 Corp 8 Jan 24 66 •n4% 10 Marx & America common Industries -Hayes 87% Feb 2 Mar 15 _loo preferred 19% Feb 4 29% Jan Sehaffner Corp of 4%% 1 - com —- Refrac *13% *65 13% '•■13% 65 36 ' Jan 32 Co $4.25.pld—No par A) preferred-- zHart 4 Feb Co Paper Harbison-Walk 3 Feb 136 (M Hamiu 10 28% Feb 4 100 _—2.50 preferred Ilammermill 22 31 29 Printing Co 5 Co com——No par F) 4% «conv 7 21% Dec 10,000 18 Va 12% Jan Feb Jan 31 18 Hamilton :Watch 11 21 30% 18 18% Feb Jan 23 30 % 18 13% Feb 5% Jan 14 17 21% Dec 30% 18% 65 22% Jan 2 30% 18% 5 7% May 20 36 300 30% 18% 7 26% Aug 13 145 36 30% 18% 13 15 14 31% Dec 24 11% Jan 31 *35% 30% 18% 17 % Jan 16% Jan 22% Sep x35% 30% 18 % 12% Jan <W 36 36 % 30% 63 % Jan Jan *35% 36 36 'A 30 31 *33% 25 Cementing__5 Well Oil Hall Jan 23 Jan 31 Water 90 'A' ' 140 34% 3,900 27 >A 27 Va 3,700 49% 49% 3.300 3'A 3'A *34% ■w." * Number 5299 Volume 179 The Commercial and Financial Chronicle ... «:! v.-- (729) % NEW YORK STOCK RECORD Range for Previous 26 Va Jun Range Since Jan. 1 Lowest Highest 33 % Dec 16 Jun 10 Sep 11 100% Mar 98% Jun 18 105 % Dec 4 94 »A Jan 95% Jan 85 100 NEW Highest 32 ¥a Jan 92 34% Feb 10 19 96 ¥2 Feb 9 12 Jan 101'A Feb 2 Feb 10 104% Jan 7 106 36% Sep 14 45% Aug 10 385/8 Jan 14 32% Jun 16 37 28 35 ¥2 Jan 5 17 27 18% Jan 21 13'% Feb 11 Sep Oct 21 14 Mar 17 % Dec July 1 13% Sep 15 59 y« Sep 14 20 % Jun 18 82 37% Oct 60 18 4% Feb 25 Jan 8 Nov 16 24% Feb 3 39% Jun 16 49% Dec 14 Sep 15 22% Sep* 3 111% Feb 9 21 6 101 28 Mar 17 16 Jan 11 Feb 10 19% Feb 15 4 64% Jan 70"% Feb 4 395/8 Jan 20% Jan 48 Jan 11 106 >Jan 5 24¥4 Jan 13 Feb 9 12 4 Kimberly-Clark 4% Jan 22 41% May 19 31% Jan 21 35¥4 Jan 27 Dec 11 95 79'/2 Jan 83 27- 28% Sep May 12 Jan 41% Jan 5 293A Jan 4 81% Dec 31 93% Jan 5 82¥2 Jan 5 89 Feb 29 35% Jan 5 32 ¥2 Jan 5 34¥4 Jan 4 $5 23 493/8 Jan Kinney 11 31% Dec 14 47% Dec 8 57% Feb 5 37% Apr 28 46% Dec 31 3534 Feb (G prior 4% Corp 26, 5,- Kress (S H) *101'A 106 42% 43'A *42% 106 43 43 Jun. 8 4% Dec 9 10 2 14% Dec.31 46: Dec -7 9 ¥4 Jan 5 10% Feb 11' 5% Feb 4 45,8 Jan 14 5¥e Jan 25' 25% Aug 20 18 V# Mar 18 21 ¥2-Jan 4 233/a Feb 28 Dec 31 56- Mar 12 18% Sep; 14 i 24% Mar 17 47 64 7% Oct 8 16 Jan 47 ¥4 Jan 4 51 ¥2 Jan 27 19% Jan 5 Jan 9' 48'A Jan 7 3 22 7 95 23 Jan 60% Feb 24'A Jan Feb 18 23 8% Jan 4 ' Mar 24 27 ¥2" Jan 4 " 34 14 22% Jan 86¥2 Jan 88 " 8 38% 39 19% 19% 19% 133/4 13% 19% 19% 19% 14,100 17 13% 19% 17% 13% 13% 13% 13% 13% 3,100 69 69% 43% 44 17 1/8 17 17% 17 70% 17% 17 70% 171/b 70 ¥4 7,800 70% 445/8 70% 70% 703/4 23.100 43% 44% 43 21% 21 ¥2 433A 21% 43% 43% 8,100 21% 21% 21'% *21% 21% 3,200 51% 51% 51% 51% 51% 4,100 109'% 109% 50 243A 243A 700 *34% 34% 100 51% 109% 25 35 109 *109'% No par 49 % *45% Dec 29 131/2 Jan 22 1% Jan 7 a/4 Jan 4 16 14% Jan 6 6¥2 Jan 24% 24% 25 *24% 3 4'A 34'A 25'A *34% 35 82 ¥2 *34'A 35 821/2 *81 83 35¥b *81 83 35% 82 353/4 82 35% 35% 87 % 35% 35% 35 87'% 35 ¥a 88% 88 % 89 89 89 89 333A 11 1% Dec 15 4% Jan 22 , 33% Dec '30 36 14 18% Mar 27 Jun> 16 Dec 2 29 63 4 ,'Jan 4 - 27 '■ 16% Jan 4 20 4 39% Jan 8 48 Feb 4 13 8% Jan 4 10 Jan 25 •' 10 38% Jan 8 41% Jan 5 6 63 ¥a Jan 12 67% -7an 29 6 155% Jan 82 Aug 171%'Nov 5 Feb 33% 33 32% 33'A 49% 33% 333/8 5,200 49% 49% 49% 49% 46 ¥s 49% 49% 1,200 45% 46% 46 46'A 46 46 1,800 45¥4 x33 4 .: 50c 2nd Lehman Corp Corp Libbey-Owens-Ford Lib by Life McNeill 9 12 89¥2 Jan 26 5 59 Feb 10 39'A Jan 4 42¥2 Jan 28 Link 21 'A Feb 3 243A Feb 10 Lionel 30% Jan 4 37¥4 Feb 11 " Lion Liquid Carbonic Corp 47% Mar 38% Mar 9 16 27% Mar 27 35% Sep -24 19% F'eb 162 Va Feb 7% Lily preferred— Tulip 3 21% Feb 4 18% Jan issued" 5 22% Jan 29 Jun<17 20 % Apr 23 13 67 Jun 12 73 'A F*b 11 3%% 29% Nov 27 26 Jan 11 30% Feb 12 10% Sep 14% Mar 25 13 'A Jan 4 14% Jan 15 I.oew's 26 74 ' 18 Sep 15 34% Mar 19 23% Jun- 16 103% Jun 14 15% Jun 26 15 21% Oct 10 101 Jun 97 101% Jun 28% Jan 15 Apr 18% Mar 25 13 17 173/4 Feb 8 4 18 108 104 '/a Jan 12 106% Dec 1063/a Feb 10 24 ¥8 Jan Long Island 5% 1 106% Jan 18 26% Jan '4 19 150 ¥4 Feb 8 42% Dec 40% Jan 5 44 % Feb 9 15 67% Jan 59% Jan 11 62% Jan 26 Louisville 16 35% May 25 31 ¥2 Jan 11 34% Feb 12 10 55 Sep 30% Dec May 25 145 97% Nov 96 ¥2 Jan 22 99% Feb 40'A Jan 13 42% Jan 5.25% 7% 26 59 59% 5,400 x22% 89% "87 9% 23% ■9% 9% 28% w% 8% IS u *7% IP) Co 2'% 35% 16 *2% 2% 35% 1 35% 16 • 23% 231%. *87 — ' ^ 293/8 29'% 14%- 14% 1 7%. - 30 28% 293/4 14% 14% 14% % 1 7 3A 1 7 •% • ' 3,500 8 6,400 10,400 8% . 1,000 ' 2 y* 35% • 16'% 2%, 23A. 35% 353% 3: 3 3 35% 35% 2,000 35% 9,600 16'/a 2,100 16% 16 ¥a 16 19'% 19% 19% 19% 19% 19 ¥2 46 19 ¥2 19% 45% 46% 46 46% 453A 46 9% 9% 40'% 66 66% 161 86'% 9%' 16 ¥B 16 4,900 6,800 ¥2 93/8 9% 93/8 9% 403/B- 65 3/8 162 87 9 39% 66'A 161 87% 9¥4 41 653A 162 ^ 56,900 1 45% 413/s — 2,800 lO'/a I934 9% — 500 89% 9% 46 ¥0 41% — 3,900 235% *87 " 10 ~ 19% 40% 403A 40i% 40®% 1,100 63% 18,000 162'% 330 -66 65 63 5/e " 162'A 162'A 162 63 162 % 162 , 13,500 87 87% 87% *87 58 88'% *57'% *87'% 88'% 58% 58% 59 41'% *58'A 59% 41'% *58'A 59% 400 41% 41'% 41% 41'A 41 41 I" 41% 41% 23'% 2,200 23% 243% 24% 24% 243% 24i% 5,100 363/e 37 37% 17,500 21 36'% 22 21% 213/4 73i% *73i% 73 ¥2 -i 28% 283A 28% par 13% 31 ' 13% 13% 10 A 31% 25% 100 *1093/4 *110 211/4 73 73 ¥a 293/B 30 % 29% 30'A 13 7% 25 '/a ' 37'A 21 73'A 29'% 311% 25 % 111 37 21% *73'/a 13% 13% 133/4 14 . • 31% 31% 253% 32 ¥2 32 37 20% 213% *72 305/8 56,100 133A 33'A 200 293A 14 29,600 31 5/b 25% 25'A 25 »/b H01/2 110 ¥2 32 24% 1103A *109¥2 25 6,700 733/8 110% 111 400 7,200 25'A 17,000 111 1,400 No par 25 ¥2 2 53A 25 V2 25 25 ¥a 25 17% 25% 243A 10 255A 17% 173% 1,300 17'% 17% 173/8 17 ¥2 1 ()() 17 5/8 *106'A 17 s/B; 173/4 107'% 17,000 *106'A 107'% *106'A 107'/2 *105 *106¥41 107'% 105aA *105¥4 1053/4 *105% 107 ¥2 105 ¥4 *106 ¥4 100 107 *105'A 1053/4 *106% 107 *106 ¥4 ! 107 coin 100 24% *25 25% 148 —100 — Co 1063'tt —10 common 150'A 149'A *105'A 1053A 106 ¥a 1063/a *106¥4 107 1 125'% 25 24 ¥e 253/a 24 ¥4 149'A 150% 150'A 43 ¥2 43% 61% 60% 61'A 32% 33% 33 33 'A 99% 99% *99¥4 102 *99% 1013/4: *99'A 41% 40% 41 40% 40%- 40 'A 100 i. Co 10 "41 44'% 43% 61 - 433A %' 32% , 24% ! , 151 61% 43% 25 *150 _50 (Ky).Nopar Nashville—L— Steel 5% 23 '23% ¥2- 89 9% (M) <Xi Sons lnc com__l & *5 45'A 10 (Md> El 59i% 9% • .;ii 8 5% ' * „ 16 , 29% 14% 35'% 60% .■ 14% 28:% ... 52 .22% 23% 23% *87*" '89 ¥2" 92 » 9% 28% *72'% : preferred series A_' Lukens 60 23% x21% common preferred— 4%% 1,000 100 preferred. Louisville Gas & " 21% 36'A preferred series C Lorillurd 8 45% Jan 22 15 9 Co B Lowensteiii 34% Jun 30% Aug 21% 22'A pfd series A 12 160% Dec 21% No par com Lighting Co series Jan 9 30 52 x21% 59% 36% preferred— conv 5.25% *50 *213/4, 59'% 22% Corp Long Bell Lumber 25 1041/2 Jan 4.75 12 Jail Jan 1063A Jan 106% Jan 6 Gas 8 52 22'% 56% 36'A No Star 5 10 253A Feb *50 22 *22'A preferred lnc Lone 25% Feb 1103/4 Feb *50 22'% 57 2.50 Aircraft Corp Cement 4 155% *4% 58 convertible Slar 4: 52 *15'% No par .Lone 4 Jan 110 23% Dec 36% Sep 23 % Jan *50 15% *73A 5 (The)—— 10 22 ¥2 Jan Aug 5 35'% Mar 26 146% Dec 92 32 'A Feb 11 108% Jan 110 12 May Feb 52'% 15% % — Co Lockheed 64 15% 14% No par > j Corp Oil 15% 28% _1()0 Corp Bolt Co " 28% Sep 15 15 % Sep. 14 Cup "When 15i% 9% Libby_, L 7 Corp_ 5 Myers Tobacco com—_25 5 75 *15 ¥e *87 No par Glass Co__i__10 19 17 14,400 15'% & Jan 77% Dec 10% 22 3A 23% Savers Liggett & 10% 23% 5 *. 303A 23 1 Products—, Fink 103% 5'A 22% 21% (The)—— Lebn Lerner Stores ' Np par 10% *43/4 22% 1 pfd— 10% 4% 22'% 22 1st preferred—No par iioneum 10% *43/4 *56 common 10¥b 22% *51 I.ehJghXVal &'Navigation Co_*i._10 Lehigh "Portland Ceinentl 25 Lehigh Valley RR No par noiicum 10% ' . ( . 5'A 1 _ 220 331/2 x49% 50 46'/a 22% —„5 57% Feb 58% Jun 50 * 110 5,100 4% 15% (James) & "Sons Co common 3 3.85% preferred * t—100 $3 Feb 16% Jan 1 — & Tire Lehigh Valley Coal 11 11'.' 35% Feb '8 ' . * Lees 28 3 ; ,4'< 15 ¥2 Jan 5 Feb 22% Mar 17 10 Jun- 34 Jan - 42% Feb Dec- 29 155 12 1 8¥4 Jan 10% Apr 39% Dec 33% Sep 14 8% Jan. 7 34% Jun Nov 2 ¥4 Jan 15 1 10% , 22% „ 12" 4 L Bi'janf, common 4%% .preferred-' Lane-Wells Co 5 10¥b Feb 30 '" Feb 11 % Dec ' 27'/ Feb 4 s 111 243/a 873A „ 87% 33 % No par A 51% 108% 81 81 10 ; 52 108 35 *34'A 10 51% 108 25 100 700 17 51% , 39 691/2 107% common: *38% X43% 100 No par 39 3/4 No par 1 *38'% 21% x21% pfd_75 Pesos Mei (The % j No par Rubber 3,100 37% 19 1/8 No par ^ Lane Lee 10 ' 6% Dec 20 8* 22 % Feb " 11% Jan • 25% Jun. 10 ' 22 29% Feb Sep:21 21% Nov 23 86 ' July 14 '♦ 14%- Jan 43% 373A common (The) Co 43% 230 19% Co— Laclede Gas Co Lambert 10 105 14 La Cun.solidudu 6% 1 11 60 101 ¥2 -105 43 ¥2 5,400 97% 38 . 19% Jans 106 Shares 34 13% 1 & Co 101'% 43% 38 2.50 com preferred Kroger Co *101'A 34 19¥4 (cum) preferred *96'% 12 No par - IU -Co 34'A 96'% . 5 Corp Krcsge .iS S) Jan 51 50 33% 96% 101% 106 43 Feb 34% >101 106 3/4 Sales far the Week Friday 11 1 preferred Koppers Co Inc 9 46% Jan 44¥a Jan 12 conv King-Seeley 78 lOl'A *105 . 96% *95% *101 Co County Land Co__ Keystone Steel & Wire Co 24 6 & Kennecott Copper Feb 52 34 ¥2 107 Wheel - 96 Feb 8.75 Light Co Hayes 34 x96% 106 No par Kern 5 34 971% 100 3A preferred (Julius) Kelsey 29 109¥2'Feb 25 non-cum Kansas "Power 11 Jan 34 100% •- Thursday Feb. 10 100 ; Kayser 45% Feb 22 11 33% *96 SALE PRICES Wednesday Feb. 9 City Southern— 14 21. Tuesday Feb. 8 100 preferred Common 4% LOW AND HIGH Monday Par preferred cum 11, an 17% Jan 4 STOCK Kansas City Pr & Lt Co com.No par 3.80% preferred-100 4.50% 43 ¥2 Feb 39 YORK EXCHANGE Kansas 10 Continued—Page 7 STOCKS Year 1953 Lowest *150 . 20 24% 29,400 151 110 43 ¥2 43¥4 61 ¥2-' 61 ¥4 61% i 61% 3,000 32 ¥4 f 61 S/8 32% 33 33%! 34% 6,000 101 •¥, 99%; .99% 150 40 'A 40% 40% 800 9% 1,900 43%i 43% 5,600 M 7% Oct 23 12 Mar 20 41 Jun 8 45 Feb 125 Sep 17 132 10% July 18 20% Dec 29 21 15% Sep 6% Sep 28 132"', Jan 19 15 '/'a Jun 20% Jan 4 227/a Jan 21 Jan 8 4 85% Feb 1 8Jan 28 Madison 4 7% Feb 11 25¥a Jan 4 29 % Feb 8 38% Jan 27 Jan 18 6 16 ¥a Jan 516 Mar 10 4 9 4% Jan 22% Jan 11 Mar 9 5 7 <r 10 13 % Dec 2 12 ¥2 Jan 58 4 55 10 Sep ' Magma Copper Magmtvox Co (The) " Mahoning Coal RR Co Manati Sugar Co— Man del 9 'A Feb ' 1 '28"'. fVh, 4 V 4' 11 13% Feb 8 57% Feb 12 12 25'A Feb 12 82 Jan 4 91% F-.-b 3 16% Jan 4 14 14 % Mar 5 13'% Jan 22 15 F-b 12 29 25% Feb 2 163/4 -Jan 8 19 Feb 12 21% Nov 16 18 Jan 4 42 % Dec 30 39 Feb 12 110%. Jan 5 104 Jan 5 32% Mar 23 128 Jan 83% Jun 4 92 Jan 11 5 82% Jun 12 19% F-h 95 Jan 95 20 .Jan 6 92% Jan 19 'A Feb 42 108% Feb 11 *90 'Feb 11 86 Feb 12 18% Feb 2 July 85%.Nov 24 83 Jan 7 15 21 Mar 16 17 ¥a Jan 20 Sep 29 52 Mar 12 4 48% Jan Mathicson 6 $3 21 % Mar 25 15 Jan 7 16'A Feb 3 McCall 20 Jan 11 22% Jan 22 45% Feb 17 42 Feb 11 43% Jan 14 11% Dec 15%'Feb 4 12 Jan 4 13% J'»n 29 Dec ' 4 29 72% Dec 16 57% Sep 15 26% Sep 22 92 10 Jan 8 : 4 83 Fell 5 68% Jan 8 71% .Tan 21 MOGraw 33% Jan 4 33% Feb 12 59% Feb 10- 54 % Jan 4 38 Jan 4 41% F^b 3 McKesson 18 % Jan 4 20% Feb 8 McLellan 11 % Dec 29 14% Jan 11% Jan 22 21% Sep 83% Oct 14 29% Dec 27% Jan 4 13 1 12% 8 28% Jan 15 11 % Jan 13 Aug 19 50% May 21 47 Jan 48 15% Sep 15 19% Jan 7 15% Feb 17 14 25% Jan 5 19% Jan 12 80 Sep May 89' Feb Jan 16% Jan 1 22 8 Jan 26 91 & Stores Inc Co % Feb 5 106 Feb 8 101 Fio 25 Sep 15 31 Jan 30 26 Jan 4 34% Feb Jun 16 Mergenlhaler 31 21% Jan 13 28% Jan Merril.t-CliaDman 31% Feb Mesta July 96 *95 96 95 ¥b 96 *9G 97 90 *84 85 84 84 *84 ¥2 86 86 86 130 17% 17% 17% 175/8 17% 173A *47% 16'A 16% 213/8 *21 «/4 *42 '42% 43% 42'A 4 2 ¥2 42 42 34 13% 13% 13 % 13% 13 13'A preferred—100 *82% 83% 82% 82% 83 83 69% 69 % 69 % 69 ¥2 69% 69% 69 s/8 1.400 38 37% 37 ¥a 37% 38 38¥2 38% 1,800 84 *82% 1 09 69 *69 5 — 37% 38 38 Co. _i 1 53 10 (1st series) 12 100 l —_1 12 32 % 95% 1st Co preferred—50 Inc 13 275/8 2,900 13 2,000 48% *47'A *47% 48% 12.50 23% 23% 23% 24% *91 92 106 104% 104% 101 100% 100% 89 Jan 3.80% preferred series 100 series- 100 *93% *105% 23% Mid-Continent Middle South —-5 31% 100 *O0% *95 47% *" *47¥4 10 4 8 3/4 20 *16% 16% 16 ¥2 16 ¥2 16 ¥4 16% 1,100 213/s 21% 21 ¥2 21% 21% 21% 16,900 31 % 98% Q2 31% 99 *90% 104 *100 ¥2 92 92 *90% ' 101 *104 104% *100 ¥2 104 101 34'A 32% x225/8 22% 225/8 22% 22 ¥2 31 *98 ¥2 31 ¥2 31 31% 99 ¥2 *98 ¥2 99 ¥2 106 105 98 *95 98 *95 98 *95 97 *93% 97 *93% 97 23% 23% 10 69% 69% x67% 28% 28% 28% 188 101 33% 106 *106 92 104 101 34% 106 108 *91 *104 33¥4 106 107% Inc—No par Petroleum Utilities 473A 98 ¥2 ' 106 6 26 '98 ¥2 12% *95 16% Jan page *95 *273/8 12% 21% 89 600 30O 17.400 98 ¥2 16% 98 12 33 % 27% 21% 31% 11 % 32 ¥2 12% 16% *99 * 27% 21% 5 11 % 32 ¥2 123/4. 16% pfd—100 11% 313A 27% 34 . 12 4,200 l 12% 32% Co 5,000 41 20 ¥2 27% 32% & Scott- 41 203/8 13 32% Co 59% 41 27% 98%, No par Linotype 120 83% 59 59% 3,700 20 ¥2 40 ¥2 *20 ¥4 32 3/8 1 *83 130 13% 12% *95 21 % 100 see 313/4 16%c series 5 48% 12 32 59'A 59% 41% 20% 43% 13 ¥a 27% 27% *47% 12 31% _3% common- 59 *11% 95 % 27% 13 * preferred footnotes 58 31% ;_No par 3.85% 28 — 1,200 14% Feb Feb — 1.500 21 ¥2 43% 98 70 — 16% , i3¥8 15 29 % Jan 2,000 *42'% Jan 4 30 48% 153/4 21% 92 4 *48 16 21% 13 26% Jan 48% 16 21% 93% Jan 65% Jan *48 '48% 16 21% *100% Miami *48 16 21% *106 15 48% 16% 21% 100 27% Mar *47% 16% series— 66% Dec 48 % 17% X21% preferred 24% Jan 17% 3 4.35% . 17% ¥2 9,300 common—50o Metropolitan Edison 3.90% 9 *95 Feb 31 Pot 97 86 Feb 2 9 *95% *84% 106 22 % Feb 22% Jun 97'A 100 5 2C0 30% 5 29% Mar 109 *107 ¥2 30 »/a No par No par preferred Copper 108% *96'A No par 4.45% 9,300 *107¥2 30% 1 15 106% Feb 1,700 393/8 39 40 39»/2 108%' 96 Jan 13 19% 96 Jan 105% Jan 19 ¥a 30% Jan May-21 18% Sep 14 55 % Sep 22 19'A 30% 28-' 4 11,900 19 96 92 19 2,700 19 30% 105 93% Feb 15 18% *94% 2 107% Feb 14% 18'/a 30 2 3 78,900 14 % 17 % No par pfd preferred Machine 193/4 18% 18 ¥2 14 '/a ' 96 17% 2nd 2nd 340 ¥2 *94% $4 copv 91% 18% 40% 108 300 9,900 *90 91 X29% $3.50 preferred $4.25 40 40% 109 57% 25% 13j¥a 30% *95% Feb 4 39% *108 29,900 57% 25 50 convertible 5% Mercantile 7 105 40% 109 13% 13% 97. No par Corp— (The) common 4 99 29% No par Shoe 27 84 18% No par series.No par pfd Mfg Jan 12 18% 41% Jan Jun 18 % *20% Jan 9 18% 59 95 98% Jan 18% 20% 98 39% Jan 18% 41% 89 88 l 41 13 11 17¥a- 58% 27 29 14%,. 20% 20 Jun 18% 14% 175/B 41 % Oct Dec 18 17% 20% Jan Sep 14 18% 14% 17% 41% Nov 86 17% 14 18 20% 97 28 18% 14% 39% 3,800 10,100 25 *90 17% *108 400 9»% 223% 57¥2 245/8 18% . 26% 9 221/8 13% 58 14 1 111 5 _J par 1,400 5 *26'A 22 ¥a 50 43/g *56 ¥2 13% *56% 2,800 43/8 9¥a 9 22 % 3,000 171% 525 *47/B 26 ¥b *26 9'A 22¥a 13% 13% 58 18 Mengel "Co Merck 26 ¥s 9% 22 .-5 10 95 i No „ 22 "26 9% 22'% No par Co— Norris Melville 9% 22% , 22% Robbins Inc 21 Nov 26% 9 • 91 Corp 91% Sep 22 26% ;—No par 92% Jun 4 26% 9 22 89 preferred 95% Feb 27% Feb X26 % 90 Corp common 23% Mar 19 4% 5 90 4 14% May 22 "4 'A *4% 90 Mead 2 4% 5% 90 McQuay 30 4% *4% —100 ; 14 11% Dec 4% 5% 1,100 7,100 28% 17% *519 % 4 500 8% 2 8 »/2 17 ¥h 10,900 3,800 8 73/4 28% 525 '519 24 ¥4 . & 17% ^ 245/8 common—; Stores 28¥2 17% 521 24% 12 %% 29 17% 516 13 % Tail 26% Jan 46 Mclntyre 85 *7% 7% 24% 33% Feb 86% Jan 28 % 17% Publishing Porcupine Mines 39% Dec May 29 530 85 * 8 7% *56% Electric Co 26% Jan . 17% "521 85% 8 13% convertible 52 Sep 17 33% July .-2 18% Dec 24 95 *28% 17% 85 73/a 24% McGraw-Hill 3%% 29% 530 223% *4% Co Stores 73%. Mar 12 Jan 17% 22'/a 8% 7% 56% preferred 35% Dec 71 % Jan 75 28% *8 7% 13% Corp McCrory 85 8% 6% 24% preferred $2.50 85 *521 Chemical Corp 85 *8 6% 56% cum McConl 84% 8% 6% 22 ¥2 20 133/4 22 ¥a %: 9 $3.40 cumulative 30% Feb 15 85% *8 1 Maytag Co common—' 20% Sep 14 41% Nov '27 . 22 13 ¥4 4% common^ preferred pfd 1947 $3.75 22% 600 131 13% 5% conv $3.75 ' 22% 42% *128 13'A 4% Corp coin_v—5 preferred 100 May Depl Stores' common 5 4.25% 11 Sep Feb ¥2 Feb ;. 5 30 96'% F?b 16. 47 18 Jan -22 % *42 ¥>j 5 , Electric 22% (conv)-!——50 preferred Master 13¥a 6.25 Marl in (Glenn L) Co*::— Martin-Parry Corp MasoniI.e Corp——, ; 11 5" 75 2 12 4 % % 13 Co com—'—No par preferred Marshal! Field & / 13% 9% 42 130 129 13% 9 % 9% 41% • *4% i Midland Corp 4%% 9% 42 129 1 3 •___ 9% 42 *126 No par i^i Mantcaibo Oil Exploration-! Marathon Corp¥_v_ ■___ Marine 8 Jan Bros Manhattan "Shirt 9% 42 129 *85 1 —50 9 % 41% *126 22% 10 3 88 % Mar 27% Jun 10 45 4 % 13% No par .— 9 41% 129 13 % preferred series A— 100 Square Garden No par 18 24'/a Jan 9 4%% 126 No par com. 25 18% Mar 20 17% Sep 15 34% Aug 28 98 % Jun 30 Inc Feb 25% Mar 19 16 Co 5% Jan 28 4 ' Jan 19 ¥ Jan ' 9% 41% ... 5 5 ¥b Jan 12 25 VJan': 522 13 4 15 16% Dec 4 Feb 3% Jail 28 8 common—10 ,.100 Magic Chef 15 12% Jun (R II) 12 25% Jun 8 Macy 6¥b Jar. 22% Sep Sep Forbes Mack Trucks Inc 7% Feb Mar 23 Feb Working Co. & preferred 82'A Jan 52% Jun 80 6% Wood 9 8% Feb . M 8 Apr 8 A. 12 May 22% Jan - ' 20 552 18 11% Jun Jan 4 32 16 16,% Sep 21 125 Jan 14 Jan MucAndrews 13 30 4% Sep 12 9% Jan 15 22 M 42% Jan Mar 24 9 15 Sep 22 19 87%, Mar 27 29 3 % Dec 9% Jan Jan 26 Sep -15 517 4 41 15%. Nov 10 78% Sep ;14 7% Oct 16 6% Dec 8 % Jan 24 2(1 106 106 - *93 ¥2 106'A 31 ¥2 400 33% 22% 5,500 31 *98 ¥2 1,200 50 99% 105 . 30 12,800 105 98 *95 98 97 *93 ¥2 97 *1051/2 108 70 105 1051/4 40 — - - 110 23% 23 233/a 225/8 23 22% 22% 68% 67% 68 'A 6734 68 675/8 673'4 3,200 29 28% 29% 28% 29 ¥4 28 7 29 8,800 a 5.600 • , 22 The Commercial and Financial Chronicle (730) • — - . NEW YORK STOCK RECORD Lowest Highest 29'/a Dec 7 21% Oct Feb 3 33% Jan 25 126% Jan 6 133 Feb 10 21% Jan 8 25 Feb 8 Jan 26 23% Feb 12 Minneapolis & St Louis Ry_No par 8% Jan 4 10% Jan 19 Minn Minneapolis-Honeywell Reg 1.60 Minn Min & Mfg common No par $4 preferred No par Minneapolis-Moline Co common—1 $5.50 1st preferred . 100 •1.60 2nd conv preferred 25 24 30 20 Nov 31 19% Jan 2 53 % Feb 27 68% Nov 30 6 60 % Dec 20 3 94% Jan 11 8% Dec 75% Feb 12 58% Jan 5 Jan 29 Feb 2 23 9% Jan 4 71% Jan 12 74 Jan 22 21 104 1 88 Jan 26% Jan 104 5 9 Oct 11 26 19% Jan 29 69 Jan 55% Jan 67 22 105 Feb 11 11% Jan 21 19% Jan 29 21% Jan 19% Nov 17 21% Dec 21 21% Jan 4 23% Feb 1 24% Oct 18 34% Mar 25 27% Jan 4 30% Feb 5 18% Nov 15% Sep 34% Jun 4 14 23% Mar 25 16% Jan 4 18% Feb 10 41 % Mar 17 37 Jan 4 40% Feo 3 6 % Mar 12 4 % Jan 4 5% Feb 11 70% Aug 6 61 % Jan 11 65% Feb 47% Jan 15 Midwest 31 57% Sep 15 5 Oil St 100 10 Corp Minneapolis Power & Light—No par Corp 1 Mission Development Co 6 Mississippi River Fuel Corp 10 Missouri-Kan-Tex 7% 33% Sep 15 58% Jan 23 22 Dec 31 33 % Dec 17 22% Jan 4 24% Feb 11 Jan 5 15% Mar 25 13% Jan 6 15% Jan 19 15% Sep H 20% Mar 23 16% Jan 5 18% Feb 9 Monarch Sep 15 95% Jan 82 % Jan 4 87% Feb 5 Monsanto 17% Sep 25% Jun 14 28% Mar 11 10 32 % Mar 26 Chemical Jan 4 22 % Feb 8 Montana-Dakota 4 34 Feb 8 Montana Power Jan 4 36% Feb 9 Jan 4 63 Feb 12 8 14 Feb 3 29% Nov 17 40% Dec 11 53% Sep 18 65% Mar 19 56 11% Sep 15 18 '/a Apr 15 12% Jan 10% Sep 29% Dec 15 15% Apr 6 14% Ftb 8 43% Jan 16 6 11% Jan 29 30% Jan 4 34% Jan 27 23 % Jan 5 34% Mar 18 17% Feb Motor 27% Jan 6 22 % Jan 4 23 % Jan 27 Motor Wheel 27% Mar 16 23% Jan 13 24% Jan 25 Mueller Brass 18 15 26% Mar 13 19% Jan 4 25'% Jan 10 Mulllns Mfg 12 Jan 5 43 Dec 31 35% Dec 1 7 42% Jan .12 47% Feb 2 3 106% Jan 14 109% Feb 11 11 May 19 Jan 1,600 133 160 243/4 25 243% 24% 22% 22 24% 22% 24% 22% 4,700 22% 22% 22% 22% 10 23% 10 10 10,000 74 75 74 % 9% 73% 9% 73 74 74 75% 75% 753/i 56% 56% 56'/# 563/8 6,800 55% 56% 56% 56% 56 % 56% 9,900 *104% *104 106 93/4 106 . *104 10% 10% 10% 10% 72% 72% 71% -72% *20 20% *22% 23% *22% 29% 30% 293/4 20 18 18% 40% 106 105 105 *105 1,600 106 10 103/4 103/4 10% 103/4 10% 103% 72 72 72 72% 72 72 •19% 20% *20 20% 20% 3,000 280 20% / 500 22% 22% 223/8 22 % 21 % 22% 3,600 293% 29% 29% 29% 29% 29% 4,700 18 173/4 18 40% 393/, 40 4% 4% 10 30 40 43% 93/4 23% 17% 40 20 10 4% 4% 4% 63% 64% 17% 173/4 173% 17% 39 39%. 39 39 % 8,000 5 5% 5% 5% 11,800 643/4 65% 64% 64 3/4 6,700 3,600 ' 3,500 45% 45% 45% 45% 45% 45% 233/4 233/4 24 23% 24 % 24% 24% 24% 24% 143/8 14% 14% 14% 143/a 14% 14% 14% 14% 17% 1,100 173/4 17% 18% 18 18% 17% 18 18 18% 4,100 86% 87% 86 86% 85 86% 84% 1,400 85 84% 84% 11,600 21 22% 21% 22% 21% 213/4 21% 21% 21% 21% 12,400 No par 1 33% 34 33 33% 33 33 % 333/8 33% 33% 33% 35% 36% 36% 36% 35% 36% 35% 36% 35% 35% 11,100 No par 59% 60% 60% 60 % 60 603/8 60% 60% 60% 63 33,900 12 133/4 13% 6 Co 13% 13 3/4 13% 8,400 14% 14% 14% 14% 14% 13% 14% 13% No par Co 14% 14% 14% 143% 6,500 33% 33% 33% 33 % 33 % 33% 33% 33% 33% 33'% 5,700 17% 6,700 133/4 13% .133/4 10 17 % 17% 17% 173/4 173/4 18 17% 22% X22% 22% 22% 22% 223/, 22% 223/8 24 23% 23% 23% 23% 23% 24 24 24% 24 3/« 24% 24% 24% 24% 25% 23% 24% 24 24% 8 xl4% 1 common preferred 100 26 18% Jan Jan 21 Feb 25 42% Jan 4 44% Jan 22 Murray Corp of America com 4 % preferred Feb 2 37 4 39% Jan 25 Myers (F E) & Bros 25% Feb 26 15% Feb 8 18% Jan 2 75% Jan 11 8 47% 108 x 14% *14% 47% X47 108% 1073i 10 19% 19% 19% 50 . 3,000 223% 233/4 1 Coip 18% 22% 1 Co 173/a 0 Corp Corp 51 29 21 133 25 14% 50 Jan 134% Shares 30% 23% Lines Munsingwear Inc Murphy Co (Q C) 4 30% 45% 24% Feb 29 Dec 15% Feb 13% Jan 6 14 % 50 110% Mar 30% 64% Products 29 104% May 18 16% Sep 15 42% Aug 26 30% *133 2 31 Sep 30% 133 45% (The) & 14 8 30% 132 the Week 63% Inc 21% Sep Dec Feb .12 S Utilities Co (John) 21% Dec 21 132% Bales fer Friday Feb. 11 64 Co Moore-McCormack Morrell • 46 Montgomery Ward & Co Motorola ' - 63% Monterey Oil Co 19 ** ■* 45% Tool Machine 31 % Jan 32 * 100 pfd-100 20 Mojud Co Inc 79 it No par A conv Mohawk Carpet Mills 13 20 10 Monday, February 15 * * 24% com„No par series Pac RR 5% 40 Jan 22% . - Thursday Feb. 10 30% 132 25 ' 1.2b preferred ^Missouri RR 30% 30% . . HIGH SALE rKICES Wednesday Feb. 9 132 22% Marie—No par & 8 S Paul 30% 132 Missk.i 11 4 Dec 1st preferred 8% Tuesday Feb. 8 Midland Steel Prod common———5 7 24% Mar 20 26 Apr Monday F«f 9 139 8% Dec 42 STOCK YORK EXCHANGE Highest Feb 9 16% Jan LOW AND 46% Jan 14 125 y4 Oct NEW Range Since Jan. ] Year 1953 Lowest . Continutd—Page t STOCKS Range for Previous - *42% 43% *42 % Mo par 38 38 38 15% *143/, 15 % 47 463% *107% 15% 46% 108 109% 19% »'■ 19% 20% 15'/a 46 15% 46% 109% 1093/4 *45% *109 1,600 4,600 - 22,600 15% 700 46% 1,400 110 140 20% 20% 20% 20% 43% *423/4 43% 43% 43% *43% 44% 100 38 *38 39% 39% 39% *39 39% 300 153/4 30,600 , 8,400 N 16 74 Sep 15 28 Oct 6 11% Sep 99% Jan 36% Mar 25 8 14 Jan 9 Nash-Kelvlnator Nashville Oliatt & 34% Feb 12 National 10 National Airlines 22 21% Mar 19 Jan 19 National 15 25% Mar 20 20% Jan 24 Feb 10 National Aviation Sep 14 38 Mar 19 36% Jan 37% Jan 9 National Biscuit Co 158% Jun 24 Feb 10 10 Sep 178 172% Jan 7% 13% Feb 26 11 Jan 12% Jan 20 57% Jail 69% Feb 4 National 24 18% Aug 18 16% Jan 25 15 11% Jan 5 10% Jan 11% Feb 9 National 20% Dec 2 19% Jan 22% Feb 10 Sep 17% Jan 17% Sep 1 85% Dec 15 29% Apr 3 132 Apr 7 Feb 15 8,600 177% 1773/4 ; 1773/4 177J/i 177% 177 % 830 11% 11% 11% 11 % 12 11% 11% 11 5/8 11% 2,600 67% 67% 68 67% 67% 67% 673/a 66% 66% 4,200 Inc Co 1 National 4 42% Jan 29 5 177% Feb 9 Nov 4 '142 Jan 4 148% Feb 8 29 9% Jan 28 9% Jan 4 4 24% Feb 4 Natl 11 Lead National 20% Jan 7% Co Linen 11 11 10% 22 21% 21% xl7% 6 26% Jan 18 52 % Jan 5 46 Jan 4 49% Feb 11 National 30% Jan 12 26% Jan 4 29 27 22% Sep 86% Sep 21 31% Jan 5 24 % Jan 4 28% Feb 25 91 90 Jan 4 95 28 % Jan 4 24% Jan 104% Jan 4% Jan 10 6 21 2 Sep 14 4 % Dec 10 29% May 20 13% Jan 105 5 Jan 27 10% Apr 29 114 116% May 20 7% Apr 1 Jan 7 Feb 30% Jan 121 Jan 39% 39% 38% 393/8 38% 393/8 383/4 177% 177% 177% 177% 177% 177% 177% 177% 148% 148% 148% 147 147 *147% 148% ♦147% 1 Jan 15 Nelii 15 Jan 22 Neisner 32 % Feb 86 4 34 Jan 13 Jan 6 95 Feb 4 14% Feb 2 85 18 92% Jan 94 Bros 33/4% Jan 27 Newport Industries 67 % Jan 5 70 25% Jan 4 31% F.b 3 18% Jan 4 20 % Feb 10 New York 25% Jan 30 18% Jail 11 25% Feb 12 New York York 37% Jan 19 33% Jan 11 106% Jan 6 108 Feb 9 14% May 1 59% Oct 13 17% July 13 16 % Jan 29 17% Jan 4 70 63 Jan 20 66% Jan 28 80 11 92 85% Jan 400 ' Sep May Febl 20 14 90 Jan 2 425 Jan 13 4 30% Feb 9 5 52 Jan 4 60 Feb 27% Feb 3 31% Jan Jan 29 37% Feb 10 Jan 7 96% Feb 27% Jan 4 29 Jan 18 25 12 8 Feb 18 49% Dec 29 65% Feb 15% Jan 7 Nov 31% Sep 21 37% Mar 23 36 80% Jun 11 92 Jan 22 93 24% Jun 10 28% Feb 2 82% Jan 400 Air Chic St 4 $5 Dock non-cum 44 44 2,200 13% 13% 13% 2,900 *69 % 72 *69% 72 1 30% 31% x30% 30% 30 30% 30 30% 30 30 6,400 19% 19% 19% 20 20% 20% 19% 20 19% 19% 4,800 20 % 9 10 12 26 16 24% Jan Nopco Chemical Norfolk 25% Feb 23% Mar 24 20 Jan 4 2iy4 Feb 9 North American Co 22% Dec 20 Jan 12 24% Jan 25 North American ,%l Northeast Natural Jan 21 61% Feb 5 5%% 11% Jun 16 24 87 Mar 19 18 109 Mar 12 89% Jun 19 101 Jan 12% Jun 15 18% Mar 17 8% Dec 29 14% Jan 13 16% Dec 30 24% Jan 18% Sep 18 25% Apr 14% Dec 16 13% Jan 4 28% 700 16% *66% 1,600 *66% 67% 68 *87 87% 88 *385 425 *385 Pacific 87% 440 425 29% 29% 24,400 5a" */2 59 59% 2,900 28% 28% 28% 4,700 37% 37% 37% 373/4 96% *943/4 96% 28% 283/4 59 28% 28% 37% 37% *94% 28% *94 29 20,100 85% 86 300 863/j *85% 863/4 *91% 94 •91% 94 *92 94 *92 94% *92% 96% 97 98 98 99 *98 97 97% 19% 19% 19% 19% 25 X42% 43 % 42% 43 25 S/8 25% 25% 2534 21 21% 21 21% 21 23% 23% 23% 24% 23% Gas 1 9 *86 Co 100 Co 39% *109% 100 Ry 9 9% 87 10 59% *86 95 100 320 19% 19% 19% 19% 19% 1,100 42% 9% *19% 433/a 42% 433/8 42% 43% 10,700 *25% 25% 253/8 25% 25% 500 21% 24% 21 21% 21% 21 % 26,400 23% 24% 23% 24% 75,000 9 *86 87 39% 40 39% 110 *109% 110 *109% 61 593/8 60 58% 40% 1,100 28% *84% 97 6.2C0 96% 29 873/4 60 Ry Co Northern States Pwr 78 Apr 100% Jun 18,700 16% 16% *84% 1 preferred Northern 16% 87 Capital Corp Central 341,800 37 % 107% *84% Aviation Adjustment preferred Northern 25% 36% 107% 23% 59% 10 13 19 Northern 23% 37 107 293/4 25 common 15 110 87% 425 22% 36% 107 29% 2 Ry Jun 25 72 Corp— Co 25 *69% 100 Western & 72 *69% 100 15% Sep 6 87 % *385 28% 19% Feb 11 90 425 96 43% Feb Jan *87 '385 68 28% 4 54% Jan 90 16% 96 6 108 *66% 68 36 3/4 283/4 17% Jan Jan 16% 21% 107 96 39% Jan 84 36 107 16% 425 *385 21% 30% *943% 30 107% Nov *89% 21% 108 $3.75 preferred 100 Niagara Mhk Pwr Corp com.No par 3.40% preferred 100 26 6 *67 36% 373/4 53% Jan 14 21 107 37% 20% Jan Sep 21% 373/4 Gas preferred 52 72 Corp— preferred 103% Oct *69 % 37% 23 90 44% 13 % No par Electric & 15 96% 100 A Common Sep *94% 14,200 44 28% 16 120 14% 13% 59% 39% Dec 300 96 14% 44 28% 3.60% 200 4,000 13% 58% 3.90% Jan 94 28 3/8 5 9% Jan 94 58% 11 42 3% Jan 94 28% Feb 87 *94% 14% 59% Feb 7 33% 95 14% 28 3/8 92 4 34 95 143/4 33 58% 99 5 *90% *33 96% 1 7 8% Jan 14% 100 Jan 39% Feb 33 *95 16 44 60 series 92 85% Jan r96% 153/4 13% Hartford Co-100 York Shipbuilding Participating stock 13 Jan 33% *32% 30% 94% Nov Jan 15% 29% 29 15 14% 106% 15% 30% Jun 46% Jan *14% *105% 30 % 87 87 14% 30% Feb 2,200 106% *95 94 800 1,600 12 *14% 16 29% 86 12 12 45 No par & 5 *11% 14,400 5 13% preferred Y Y State 6% 10% 4% 44% Y & Harlem RR Co 5% 6 34 10% 5 14 No par N | Preferred 6% 10% 5 *105% 14% *90% 6 3/4 103/4 14% 32% 14% 4.7C0 200 106'% 94% 94 12 620 29% 119 14% 15% 14% *90% 5 29 3/8 *118 119 *105% 15 106% 32% 14% 6% 11 293/4 29% *118 1,400 12,000 45% common Haven 113/4 293/4 120% 27 13% Louis Co- N New 5 94 *66'% York Jan 6 16 68% New 86 14 16% 6% *10% 12 16% 8 24 16 7 10% 12 11% X29% *11^ 5 16% 10 Sep 113/4 30% 120 5 16% 87% Jan July 6% ]10% 5 36 % 80% Nov 34% Sep 7 10% 1073/4 22 9 5 30 119 35% 28 83 8,200 28% *106% Jun 8 493/4 28% 20 Apr 21 1,100 49% 283/4 No par & 75 Jan 273/8 49 % 28% 5 Central 79 19 27% 49% 28% preferred series A —100 New York City Omnibus Corp_No par N 22% Jun 27% 49% *28 45% Brake New 30 27% 48% 28 1 6% 29 Jan 34 27% *14% Common 4 6 520 Ig 800 10 % % preferred Newport News Ship & Dry Dock 29 Feb 23% Jan 9 5 19% Jun 3,000 *105% common 4 30 9 93% 23% 14% Newmont Mining Corp 12 5 *9% 23 % 106% 100 14%, Jan 48% Jan 9% 23% 143 4 Electric System 1 New Jersey Pr & Lt Co 4% pfd-100 46 109% Mar 9% *233/8 *105% common—No par preferred 11 10 93/8 233/4 1 0 Feb 14 9% 23% 100 common England 23% Mar 17 Jan Inc _ <4 5 6% 10% No par preferred 11 Sep 93/8 233/4 30% 1 Co 1 Inc New 30 Fibre * Feb 101% Jun 20 9% x23% 120 1 Inc Vulcanized Newberry Co (J J) New 30 *118 Corp Nesco 11 13% Jan Theatres Co 43/4% 11 27 0 100 common preferred conv National Corp Co Tea 4.20% 12 Feb 148% 9% National 6 Jan *147 140 24% 93/e 24 19 27 2 72% Mar 23 13,300 40% 1773/8 95 Feb 34 40 39 39% 177% 28 14% Mar 30 8 100 95 93% Apr 30 46,600 23% *98 283/8 9 17% Sep 17 18% Dec 29 23% 98% 28% 11 23% Sep 24% 98% 100 95 16% Jan 4 23-% 23% *98% 94% 105% Jan 14 800 233/4 23% 99% 28% 1 12% Jan 19% 97% 93% 4 40% Jan 193/8 97 28% Jan 29 19% 97 53% 14% Jan 20 19% 97 28% 4 Jan 19% 96 3/4 28"% 11 % Jan 16% Jan 23% *98 19% 96% 9234 13% Feb 26 56 23% 99% 19% 97 28% 30 Dec 22% 19% X96% 92% 12% Jun 64 1,300 14,700 *98 X 93 85% Jun 37% Aug 31 10% Sep 15 12% 28% National 6 12% 92% 31 % Jun Jun 12% 28 9 Steel Nat0111 as . 12% 11 4 38 13 49 4 8 12% 28% 25 Jan 12% 27% 7% Jan 14 123/4 48% 5 % Feb 105 12% *27% 11% Jan 6 7,500 123/4 49 4 8 1,700 673/« 28% 12 Mar 25 173/4 66% 28 12 15% Nov *17% 68 % 48'% 6% Jan 16% Apr 173/4 66 % 28% 4 % Jan 106 17% 66 3/8 *273/, 10% Jan 7% Mar 173/4 65% No par 10 6 12% Jan 17 3/4 653/, Sugar Ref Co No par National Supply (The) Pa com 10 4%% preferred 100 12 28 10% Jun 24 17% 65 18% National Nov 17% 65% 97 Cast-No par National Shares Corp 14 4,100 17% 100 26 Jan 17,900 65 19 3/g Corp Steel 5,900 11 21% 97 B Service & 40% Sep 29% Jan 173/a 11% 223/4 100 25% Oct 32% Jan 17% 10% 22% No par 8 common preferred Malleable 17% 11% 21% 100 1 preferred A 6% 17 10-% 21% common—5 Prod Gypsum Co common Jan 17% 10% 21% Co—1 Gas preferred Jan 17 17% 10% 4 38 17% 17% 178 21% 11 9% Dec Sep 21 17% 177% 1 Fen $4.50 177% 35 comipon 99 National 1,500 11% 24% Feb 172 146 7,000 36% 67 pid series of 1951 37% Mar 19 31 17% 24 36% 177 preferred Distillers 4%% 4 38% Dec 31 9 20% Dec 173/, 23% 36% 8 6 173% Nov 17% 24 36% 5 22% May 26 24 155 % Jun 17% 23% 37% 93%. Jan 87% Jan Nov 17% 24 20% Jan 18 % Jan 5 96 17% 36% National 6 200 23% 12 99% Jan 14,700 17% 20 23% Jan 29 15% 37% 97% Feb 22 4 14% 23% 20% Jan 16% Sep 84 12% Jan 15 % 17% 4 8 14% 23% 11 15% Jan 15% 37 22 29 143/4 17% Jan Dec Dec City Lines Cylinder 14% 37% 13 12 22 2,800 14% 14% 23% Dairy Products ——10 National Department Stores. 0 Jan 77% 34% 14% National 63 77% 343% 173/a National 14 15% 1 78 343% 36% 6 17% Jan 66% Dec 153/4 78 343/, 23% 11 19% Mar 27 10 15% . 78% 34% 1 68% Feb 21 16 78 34% No par Corp conv 15% 77% 34% —.100 10 Register Container $1.25 15% 77% 33% 8 common 18% Jan 15 Sep 56% Jun 25 % Cash National Aug 31 9 19 Can 15% ' 34% 10 Corp preferred A National 60 % Dec 14 51% July 22 13% Jan 2 Fibres Xno Automotive 16% 79 34 1 16% Sep 14 15% 78 —avu ' 34 174% Dec Lours bi Co Acme 19% Sep 17% Jan ■ Corp 19 15% Jan Jan 15% Jan 14 30 7 Jan 79 9% 87 40% 110 59% 9% 9 9 *86 87 *86 25% 393/4 40% 109% 109% 58% 593/a 39% 110 583/s 9% 4,300 87 40 15,200 110 350 60 37,500 (Minn)— 14% Jan 21 Common 14% 9,600 93 Feb 11 $3.60 preferred 100 91 % 91% 91% *92% 93% 290 108% Feb 9 $4.80 preferred 100 *108 108% 108% 108% *108% 108% *108% 108% 108% 1081/4 330 102% Feb 8 $4.10 preferred 100 101 102% 102 % 102% *102 102 % *102 102 % 102% 102% 460 11 18% Feb 11 18% 18% 18% 16,200 7% Jan 11 9% Feb 8 9% 4,100 13 14% Jan 11 17% Jan 4 9 20% Jan 4 21% Jan 18 9 85 Jan 4 107% Jan 26 Jan 12 16% Jan 99 5 Northrop Aircraft Inc Northwest 4.6% Airlines 1 Inc common preferred Norwich 10 25 Pharmacal Co 2,50 14% 91% 14% 143/4 143/4 14% Q2 l43/4 92 17% 18 17% 18 V8 17% 18% 9% 9% *9% 93/8 9% 93/8 16% 17 16% 21 21 *20% 143/4 14% 913/4 93 18 9% 9% 14% 9 16% 16% 16% 16% 16% 16% 16% 1,600 21 21 21 203/4 21% 21 21 1,100 1 1 34% Jun 10 94% Jun 12 83 100 39% Feb 2 38% Jan 4 Feb 12 Jan 2 102% Jan 4 106 3/4 Jan 28 4.40% 12 93% Jan 27 92% Jan 5 97% Feb 2 3.90% preferred .100 96% May 18 106% Feb 25 106% Jan 6 110% Jan 29 4.56% _100 109% 104% Dec 9 104% Jan 13 106% Jan 10 4.44% preferred preferred 6 54% Jan 4 633/4 Feb 5 Mar 23 26% Jan 4 273/4 Feb Jun 97% Jun 49% Jun 23% Jun 12 106 10 10 57% Aug 28 ■ 40 11 16% Sep 1 19% Dec 24 18% Jan 20 Jan 7 8% Dec 15 14% Feb 2 9%, Jan 4 12% Jan 20 95% Jan 9 4 83 20 71% Sep 23 For footnotes see page 26 73 Jan 19 . Jan Ohio Edison Co Ohio Oil Co — • .12 39% 39% 39% 39% 393A .100 common. preferred 105% 105% 105% 105% 105% 4% preferred Corp common 4%% convertible preferred 97 109% xl07% .100 106% 106 % 106% No par X623/B 63% 62% Oklahoma Gas & Elec Co com—L-10 Oliver 97 27 .20 *18% 1 11% 100 *80 27 % 39% 40 11,200 % *105% 106 260 106 96 590 96 96 95% 96 109 *107% 109 *107% 109 80 1063/4 1063/4 *106 107 *106 107 210 623/4 27% 27% 96 107% 106% 63 *107% ; 62% 62% 613/4 62% 27% 273/4 27% 27% . 13,500 * 27% 27% *18% '19 11% 11% 12 81 80 81& * 39% 39% *105% 62% 97 :*18% 19 39% 106 - 19 11% 11% 81 81% 82 2,800 ; 300 19 19 19 11% *18%; 113/4 11% 11% < 82 81% 81% ( ' 28,100 410 1954 „ __ lj\ \ Number 5299 Volume 179 .. The Commercial and Financial Chronicle . (731) NEW YORK STOCK RECORD NEW Range Since Jan. 1 ¥ear 1953 Lowest Highest Lowest YORK LOW AND STOCK (The) Corp Omnibus 15% Dec 28 14% Jan 26 16 Jan 7 37% Aug 31 46% Dec 21 44% Jan 11 48% Jan 26 42% Get 21 37 Jan 13 48 Jan 9 Outboard Jan 6 85 Jan 50 Par 20 84 18 16 81 Mar 12 11% Jun 18 16 Dec Oct 28 88 Mar 10 7% Oct 6 80 34% Dec 11 13% Jan 48 21 87 Jan 8 11 58% Feb 12 12 82% Feb 5 Owens-Illinois 20 15% Jan 4 Pabco Products Inc com Jan 34 3 Feb 8 4% 8% Feb 9 Pacific 35% Feb 11 18' 8 Pacific Coast 1st 10 Fiberglas Fisheries Co preferred preferred 16 73% Mar 26 60 Jan 5 62 Feb 46 Oct 15 57% Mar 2 45% Jan 18 48 Feb 9 25% Jun 16 30% Feb 20 28% Jan 4 32% Feb 4 Pacific 10 40 Mar 17 39 % Jan 32% Nov 25 Mar 17 30 4 40% Feb 9 33 % Feb 13 35 % Jan 27 Pacific 23 34% Dec 31 2 22% Nov 12 25% Jan 22 Pacific 119% Feb 11 15 14% 15 14% 14% 14% 15% 47% 47% 47% 47% 47% 46% 47 2,900 44 % 46% 47% 48 46% 47% 46 46 Va 45% 46 2,500 86% 86 86 *84% 86 56% 82% 56% 57 57 58% 6,700 82% 82% 82% 82% 4,700 15% 3,600 Corp 22% Feb 20 Feb 2 4 5% Jan 27 Pacific Tin 4 36% Jan 25 Pacific Western Oil Corp 8 9 Feb 4% 28 6% Jan 19 3% Jan 4 4 Jan Packard 11% Feb 26 9% Jan 4 11 Feb 52% May 25 88% Mar 25 47% Jan 5 59% Feb 69% Jan 4 Mar 33 2 64% Oct 91 1 98% Dec May 13 10 97% Jan 30 Apr 6 2 5% Sep 24% Sep 15 30% Mar 27 Dec 30 15 Jan 5 Consolidated 7% Jan 26 Panhandle 28% Jan 15 Paramount 26% Jan 4 34% Jan 7 21% Jan 18 Jan 28 Park 30% Jun 10 44% Jan 7 31% Jan 4 37% Jan 29 Parke 33% Jun 16 39% Jan 30 35% Jan 15 36% Feb 8 6% Sep 15 21 8 Va Jan 5 6% Feb 11 7% Jan 21 8% Apr 9 4% Jan 4 Jan 19 Patino 2% Dec 22 6 Jan 8 3 Jan 4 3% Jan 25 10% Oct 20 11 Jan 5 34 • «*' 6 40% 40% 40% 34 34% 33% 34 Va 8,300 24% 24% 24% 25% 3,400 100 118% 119 119 119% 119% 119% 119% 119% 119% 119% 1,730 141 142 140 Va 141 *140% 141% 141% 141% *141% 5% 5% 5% 5% 5% 2,500 34% 34% 5% 33% 34% 33% 33% 9,900 9% *8% 1 Penick 8 Feb 10 8 29% Feb 29% Jan 29 73% Jan 4 80 Jan 19 liy«Jan 5 13% Feb 5 37% Jan 4 Jan 25 41% Feb 42% Jan 11 65% Mar 19 81% Dec 9 10 147/a Apr 23 39% Mar 19 38 Sep 15 30% Sep 14 27 Jun 10 41% Dec 28 101 Jun 2 107% Feb 10 357/a Mar 18 104% Feb 16% Dec 29 23% Jan 5 16% Jan 40% Dec 29 52% Jan 5 41% Jan 28% Sep 11 32% May 27 31% Jan Sep 15 Sep 14 148 % Mar 16 134% Jan preferred $1.32 preferred $1.30 preferred 35% Jan 107% Feb 28 10% Jan 48 36 22 15% May 21 15 Jan 13% Jan 2 108% Feb 5 105% Feb 10 18% Feb 12 4 45 Jan 22 6 32% Jan 15 4 142% Feb 6 4 55% 55% 57 58% 59% 57% 57% *56% 57% 3,800 75% 76% 74 75% 73 74 73 73% 73% 73% 4,500 *100% 102 100% 7% 7% *100% 100% 7% 7% 101 7% 7% 27% 27% 27% 27% 27% *23% 23 Va *23% 23 % 23% 23% 100 36% 36% 35% 36 35% 36% 9,200 36% 36% 36 36 36 36 36 36 35% 36 1,100 par 7% 7% 3 5% 5% 3 % 3% . .. 3 6% 6% 7 1,100 5% 5% 5% 5% *5% 5% 3,900 3 3 3 Va 3% 3 Va 3Va 6,500 7' ■ *6% 11% 11% 11% 11% 11% 11% 38% *38% 38% 38% 38% 37% 37% 33% 33% 33% 33% 33% 33% 33% 33% 33 Va *22% 23'A 22 Va 23 23 23 *23% 23% *23% 23% *28'A 29 29 29% *28% 29 *28% 29% *29 29 — 29% 79 79 V» 79% 80 5,500 12% 12% 12% 12% 12% 12 Va 2,000 41 41% 41 41'% 6,400 79 78% 13 12% 13% 40'/a 41'A 39% *40 40% 41% — *40% 42 No par 36% 36% 36% Va 36 *107 36% "37 9 Peoria 15% Feb 10 108 108 ♦105 106 18 Va 18 July 28 34% Oct 20 2 29% Sep 21 43% Feb 5 30% Jan 28% Jun 16 32% Jan 19 32% Jan 23% Jan 20% Jun 24 25% Mar 17 Jun 1 111 Jan 5 86 Jun 24 99 Jan 2 96% Jun 10 108 104 July 7 8% Sep 21 26% Nov 27 80 Apr 28 11 Pfelffer 38 Feb 11 Pfizer Feb 11 4 34% Feb 10 4 34% Feb 4 22 108% Jan 99 15% Jan 1 11 Jan 18 17% 17% 17% 43% 43% 43% 44 31% *31% 32% 32% 32% 32 V8 32 Va 31% 32 141% 142% 142% 142% 142% 142% 142% *141% 143 39% 40 % 40% 39% 39% 39% 39% 39% 33%c 11 25 % Jan Jan 13 110% Feb 95% Jan 11 104 97 Jan No par 100 5 15 47% *102 20% 142 40% 15'A 15 47% *47 103 Va 101'A 21'/a *20 Va 15% 48 102 20% 109 100 '•■96% 4.3% preferred 100 105% 105% 100 108% 108% 1 9% 11 105% Feb Jan 11 109% Feb 12 4 10% Jan 28 Phila 8 87 30 4 30% Jan 27 Philco 3 29 92 Feb 12 preferred series A 100 Philip Morris & Co Ltd common—5 4% preferred 100 3.9% series preferred 100 *89 40% Jan 11 44% Jan 23 85 Jan 12 89% Jan 26 87 90 3%% 6 98% Jan 5 Jan 18 Jan 11 18% Jan 27 29 Dec 23 30% Jan 7 30% Jan 7 1 98 Jan 29 93% 5 93% Feb 5 48% Sep 15 69% Mar 25 53% Jan 4 60% Jan 27 10 Dec 30 19 11 Jan 8 12 Jan 22 32 Sep 21 37% Jan 35 Jan 12 37% Jan 25 95 July 22 100% Jan 8 19 Jan May 18 101 Jan 14 2 6 22% Mar 27 106% May 22 18% Dec 29 106% May 22 29% Jan 5 77 Dec 24 94 Feb 17 Jan 7 Reading Coal Si IronCorp common 7 92% Jun Dec & 28% Jan Mar 13 101 preferred 4.68% 24% 83 Jan 29 ,21 Feb' Jan 11 103 Jan Feb 25 — 29 $4 9 4 22 Jan 6 82% Feb 4 C C Inc 82% Feb $5 St & Pitts Coke Feb 19% Jan 80 preferred Pitney-Bowes L RR Chem & 43 *90% 15% 46% *102 20% 17% 43% 15% 46% 103 15% 46 102% 20 Va *20% 43% 15% 46 102% 21 100 Co corn—No par convertible preferred—No par preferred (conv) No par 34% 34 Va 34% 33% 34% 19.2C0 34 34% 34 34'% 34% 34% 3,400 24% 2,100 380' 24% 24 Va 24% 24% 105% 104% 104% *104% 108% 108 Va *108% 109 % 109% 109% 430 9% 9% 9% 9% 9% 9% 6,300 43% 43% 28% *90 43 95 95 *90% 99 % 42% *90% 92% *90% 92% 90 89% 31% *28% 31% 95 *93% 95 21% *81 102 ' 21% 24% 59 59% 12 *11 11% *36% 36% 102 Va 25 21% *81 *81% 24% 102 25 22 84 83% 21% *81 *81% 90 58% *11 59% 11% 36% 36% *101% 103 % 24% 24% 21% 21% 21% 83% 44% Jan 11 49% Feb Pitts 1 48% 48% 48%, 48 Va 48 11% Jan 13 13% Feb Pittsburgh Forgings Co 1 Pitts Ft Wayne & Chic Ry com—100 12% 13 13 Va 13'A 13% *157% 163 *157% 163 *157% 163 *157% 163 *164 168 *164 168 *164 168 *164% 168 165 Feb 11 12% Sep 60 4 7% Feb 5 6 167 21% Jan 5 12% Jan 4 14% Jan 27 60% Jan 4 65 7% guaranteed preferred 100 Pittsburgh Plate Glass Co 10 Screw & Bolt No par Pittsburgh Steel Co com No par 5% preferred class A 100 Pittsburgh 27 73% Feb 28 17% Sep 15 86 59% Feb 4 Jan 53 26 15 31 18 12 14 162 9% Feb Sep 21 59% Dec 146 Feb Jan 6% Jan 6 58% Mar 16 Jan 9 Sep 14 Sep 14 75 Mar 20 25% Mar 18 150 Apr 31% Jan 98 27 62% Jan 11 Jan 66% Jan 29 19% Jan 5 21% Jan 27 148% Feb 12 148% Feb 12 2 18% Jan 8 July 30 89 Ye Jan 11 22% Jan 15 Feb 8 11% Feb 28% Feb 10 95 1st series prior pfd 5%% : Pittsburgh & West Virginia Pittsburgh Young Si Ash pfd Pittston Co (The) common 100 100 100 1 4 8 59% July 1 9% Deo 31 71% Dec 16 15% Jan 20 68% Jan 9% Jan 11 9% Jan 38 Jan 20 Publicker Jan 20 5 11 82% Jan 5 78% Feb 8 80 5 35% Dec 11 33% Jan 18 29% Jun 18 37% Dec 29 73 Jun 23 84% Nov 5 82% Jan 7 22 Jun 3 26 5 25% Jan 12 25 Sep 15 24% Jun 22 24% Jun 9 92 4 Jun 101% Jun 18 35% Sep 15 42% Sep 14 103 Jun 2 25% Aug 31 131% Jun 20% Sep 17 15 * 38% Feb 11 27 Jan 5 28% Jan 26 20 25% Jan 4 4 27% Feb 27% Feb 10 25% Jan 98% Jan 4 102% Feb 4 109% Jan 6 43% Jan 20 107% Feb 2 40% Jan 4 47 4 64% Jan 2 109% Mar 4 30% Mar 9 28 Jan 4 2 143 Jan 5 146% Feb 25% Jan 2 Jan 108% Jan 19 2 33 No par 10 16% 16% X15% 15% *15% 16 15% 15% 1,600 17% 17% 17% 17% 17% 17% 17% 17% 4,000 9Va 15,100 9 *37 No par com 5 70% 10% 10% 10 Va 10% 10% 10'A No par 78% 78% *78% 79% 79% 79'A 79% 40 preferred Colo 10 34% 34% 34% 34% 34% 34% 34% 34% 34% 34% 2,700 38 38% X37% 37% 37% 38 38 38% 38 38'A 9,300 88 88 *87 88 Va *87 88% 89 *87 26% *25% 26% ♦25% 26% 26% 26% •25% 26% 100 *27'% 28 Va 28'% 28% *27% 28% 200 _ of of Inc Indiana—No par 100 25 1 25 *28 28% *27% 28'% 26 Va 27 101% *101 102'A 102 109 •108% 109 com preferred 100 (The) *108% 44% 44% 100 *109% 110% 29% 29% 147% 147% No par Inc 56 No par common preferred 21% Jan 15 22% Feb 11 Quaker Oats Co (The) com.. B 6% preferred 100 Quaker State Oil Refining Corp—10 Radio Corp of America com_.No par 9 *26 101 % conv 9 9'/a 27% Oil 9% 800 69% 27 6% 17% 37% 9 26% Pure *15% 900 69% 8% 26% Pullman 16 173% • 4,000 37% 8% 27% 5 94 69 Va 8% *38 9 *93% 27 10 21 93% 26% Feb Feb 93 Va 26% Feb 29% Jan 95 No par 56 150 94% dlv preference com—No par 4.08% preferred 100 46 110% Jan 29 92% 340 38 Co cum 1,300 93% 11% $1.40 4.70% 10 21% 69% Pub Serv El Si Gas 5 21% 148% 21% 38 preferred preferred 4.90% preferred Feb 109 *93% 21% 21% 148% 21% 38% 4.32% 30 6 Co 3%% 27% Feb 24 21% 69% Co Serv 8 4 27% Oct Jan Public Feb 88 21% *148% 21% 27% preferred series A—50 Ihdustries cum Serv 26% Feb 27% Jan 102 $4.75 Public Pocahontas Gamble & 21 152 33 5 class B conv 38% Feb 4 29 7 4%% Procter 76% Dec 35% Jan 26 18 Jan 71 26% Jun Jan Jan 1,500 20% *21% 20 11% Pressed Steel Car Co Inc com (Del) _1 7 8% Jan 35 % Jan 200 27% 5 16% Jan 7 64% 64% 33 Potomac 7 63 *64 33 Poor May *61 64 Va 33% Pond 11% May 63% *64 33% 3 39 *61 34 2 8 4,500 13 Va 62 34 29 15 13% 13 34% 17% Feb 7% Sep 13% 1,800 *33% Jan 34% Jan 10,800 7% 27% 8 Power "lO 58 7 94% 11% 16% Feb Electric 167 58 11% 4 Co 13% 167 27% 12 Creek 7 62 *64 *149 21% 13 '/a 58% 11% 14% Jan & 21% 7 27 Va 31% Jan 35 21% 57% 11% 3 19% Mar 23 *20% *148 Va 22 7 2,900 27% 29 8 21 *148% 21% 63% 58% 2,000 13% 11% 17% Jan Jun 21 13'A 64 7 48 165 27% 13 16 65 64 57% 13 Va 11% 13% Oct v *64 13% *62 7 Va *47% *157% 27% 23 8 64% 58% 47% 13% 11% 2 1 13% 7 47% 13 28% 14 34% Apr 46% Feb 4 13 *62 58% 13 % 11% 12% Jan 14 Jan 7% 48 Va 27% 100 15 10% Feb 59 7 3,200 1 5%% conv preferred Plough Inc Plymouth Oil Co 10% Sep 23% Sep 30% Dec 24 58% 21% 82% *81% 3 Sep 18 6% Dec 31 21% 82% 16% Mar 18 44 6,500 84 59% Feb 153% Jun 270 24% *81 15 3 600 103% *81 29 Sep 24% 13,700 11% 82% 15 162 *102 59'/a 36% 84 11 148% Apr 21 36 Va 100 95 *81% 76% Dec Consolidation Coal Co 58% *11 90% 31% *81 41% Sep $4.80 *93% 84 97 Sep *88% *28% 30 21,200 *105 *105 *105 *105 84 102 4,400 92 4) % 41% *28% 59% 29 92 40% *93% 36% 170 106 92 *89 36% Va 29 95 59 28 Va 98 28% 31 Va *11 *97% *90% 29 Va 92 42% 110% 89% — 110% 105 9% *90'/a 24% 1,260 >—* O OO .CO *97% *93% — 24% *109 107 105 Va 110 *88% *105 107 r-t 0 CO 29'A 103 9,600 13,600 34% *28% *102 24% 13% 37% 38 107 104% 90% 12 13% 37% 37% 99 90 367/a 30 1,000 110 29 59% 1,100 20% 20% 106% 96 36% 77,500 47% 103 Va 15% *97 29'/a 95 15% 47 *102 110 110 91 43% 14 1,400 98% 9% 10 24% 13% 600 900 39Va 37% 89% 5 100 No par 24 Va 110 *97 99 14 43% 106 Va 36% 31% 25 No par 24% 109'/a 14 106 *88% *28% *92% 59 *11 No par 2 Phillips Jones Corp com 5% preferred Phillips Petroleum Phoenix Hosiery Pillsbury Mills Inc common Pitts 77% Jan 34% 100 Jan 88% Dec 34% 34 Va preferred 9% Jan 55 33% 34% preferred 103 29 34 3.8% 107 Jan 36% 106'A $1 conv preference com—No par 8 41% Dec 34% 14 36% 4.4% 12 5 33% 13Vs 106'A 11 26 27 12.50 No par common 14% 37 106'A 29 Feb Nov 36% 105% 26 18% Jan 88 Co 14 1 100 (conv) Corp Electric Phlla 8 Co Inc com & Co preferred Phelps-Dodge 108% Nov 36% Jan Brewing 900 17% 43% 31% 100 common (Chas) 2nd 4% 43% 17% 43% 100 preferred Petroleum Corp of America 107 13% Feb 32% Jan 104 91% Jun 47,600 8 4%% 230 18% 10 & Eastern Ry Co 4,400 180 108% 17 Va ' 26 36% 50 Pepsi-Cola Co 21% Jan 36% 37 106 Va 107% *105 4 * *107 . 36% 40% Feb 42 ♦40% 42 *40% *107 9 4 41% 41 30 ' 41% *40 ♦107 M. 100 Va 78% 79 *107 100 29 Va 80 1 700 2,300 29% 29% 7 1,900 • *29 79% 12% 100 11% 37% *28% 29% lo 11% *37 29% No par *29 11% *29 25 Peoples Drug Stores Inc Peoples Gas Light & Coke 18% Jan 7 7 5% 3% 7 *5% 108 % 6 6,500 27% 24% 36% 28 11% & Co 6,000 3334 series Milk 130 7% 36% 27% 105 Va Pet 7 *23% 107% Jan 7% 7 101 36% 28 104% 49 101 24% 105 103% Jan 101 36% 27% 108 9 28,400 *23% . 1047/a 4.40% 4 3% 4 ♦100% 107% 11 19% Mar 25 26,600 55 105 Feb 30 10% 107% 101% Feb 14% Dec 10% 105 30 21% Mar 10% 107% 28 15 10% 100 Jan 17% Sep 11 100 Dec 8 10% 4 39% Light Co preferred 4% % 2 9% 3 Va 10% 3% 25 (J C) Power *8% 4 10% 3% preferred Pennsylvania RR * Pennsylvania Salt Mfg Co 49 Sep 46 Penn 11 105 38% Aug 21 99 Dec "i 37% Feb 9% 3% 11 3% 1 Penn-Dixie Cement Corp Penna Glass Sand Corp com 5% preferred 4 *8% 9% 10% No par Co Penn Coal & Coke Corp 10 *8% 320 5 — Penney 9% *8% 35 5 Ford $1 3 30% Jun * 34% 142 1 1 Peninsular Telep common 9 35% 35 5% 5% 25 3 4 5% 25 Feb 33% Feb Jan 5% No par 25 39 28 17,400 40 40% preferred 12% Jan 4 28% Jan 11,900 25% common 6 14 30 31% 34% Transportation No Si Enterprises Coal Co conv prior 4 29% Nov 30 47% 31% 40% Co Jan 29% Dec 127 Proof 30% Jan 27% Aug 10 26% Aug 27 63% *47 31% 25 No par 2.50 36% Jan 23 *61 47% 31 34% Corp 7 10 63% *47 31% 40% Co 3 Feb *61 47% 31 25 Mines & 62 *47 31% " & Rust 5% 1,110 40% 1 11 23 62 48 50 1,700 35% 34% Corp Jan 21% Aug 10 61 common_4 Dec 18 32 61 47% X31 % 61 *35 34% Corp 38% Dec 27% Sep 15 20% Nov, 2 35% 47% No par Pictures Davis Parker *35 24% Tilford Distillers Corp & 35% 31% 100 Peabody 25 35% 8% 40% Car Oil Parmelee 4% Sep 23 85 Va *8 24% preferred 4% *84 8% 31% Panhandle East Pipe L com—No par 4 4 15% 85% 8 *46% 10 Motor 12 15 *84 8% 34% preferred Feb 15% 85% 8% 40% World Airways Inc Pan-American Petrol & Transp 76% Feb 101 *59 35% 15 35 8% 24 % Pan Amer 9 % Jan 16 35% 8% 3434 preferred 14 *84 *84 8% 35% 40% & Teleg com_ 4 8% Sep 15 85 V2 84 8% 25 Jan 3% Dec 8% Apr 15% 15% 84 30 No par Corp 137% Jan 31% Jan 8% Jan 15% 15% No par No par Mills 28 47% Mar 31 81% *86 100 Lighting 22 6% 55 % 82% 86% 10 13 143 55 81% 10 noncum 114% Jan 5 54 82% 5 noncum 142% Jan 15 *86 54 82 100 Corp 8% Jan 4% Sep 87 53% No par Inc 119% Mar lo 110% Sep 22 129% Jun 25 87 8 12.50 5,900 No par Pacific Telep Jan Shares 14% 47% Pacific Gas & Electric 34% Jun Finance the Week 15 common 55% Jun 2nd Feb. 13 47% preferred conv cum Friday Feb. 11 14 % Glass Co Amer 84 7 Jan 7% Jan Sales far Thursday 47% No par 12 Owens-Coming PRICES Feb. 10 5 Mfg Jan 82 5 Mar Marine & 14% Jan 2 Sep 69% Jun HIGH SALE Wednesday 'Feb. 9 2.50 — 77% Jan 79% Oct 38 Elevator Otis Tuesday Feb. 8 No par common Outlet Co 55 % Dec 21 Feb 28 Monday EXCHANGE Highest 4 9V« Mar Continued—Page 9 STOCKS Range for Previous 22% 22% 44% 54% 110 29 Va 149 45'% 55 Va 110 29% 150 *108% 45% 54% *109'% 29% 149 22% 27 Va 27% 69% 10'/a ♦79 ♦87 27 26 % 38 70 10% 79% 27 Va 27 Va •37 69% 10% *79 26% 26% 600 38 4,500 69% 9,500 10% 10 89 27 29,600 27 8,700 102 *101 102 •101 109 *108'% 109 •108% 110 101% 109 46 54% 110 29% 149 45% 54'A •109'% 29% 150 22% 45% 54% 110 29% 150 22% 45% 54% •107% 29% ♦149% 22 % 45% 13,500 54% 8,400 100 109 6,600 29% 200 150 2,50? 22% 22% 22% 25% 25% 25% 25% 25 Va 25% 25% 25'% 44,700 79 79% 80% 80% 81% 81% 5% 81% 5% 776,800 4%~~4% 22,000 22% 0 21 Nov 19 29% Jan 22% Jan 68 Jun 79 76 18 2% Oct 15 3% Sep 15 86 Feb 26 35% Dec 30 4% Jan 5% Dec 96 Nov 47% Mar 25 For footnotes Jan see page 28. 11 26% Jan 28 Jan 4 81% Feb 11 2% Jan 28 5% Feb 8 4% Jan 4 90% Jan 12 37 Jan 4 $3.50 RKO Theatres 5% Jan 15 Feb 11 Ralston Purina Co13% % 12 Raybestos-Manhattan Corp ; pfd 26 79% 80% •78% 1 RKO Pictures Corp 25% No par 1st preferred 40% Feb 97 23 5Va 5% 5 Va 5% 5% 5% 5% 5% 1 100 No par 47/« 5 4Va 5 4% 5 4% 4% 1,700 ' 95 Va 95% 95% 95% 96% 96% 97 97 •96% 39% 39% 39% 39% 40 40 40 40 40% 98 120 40% 700 24 The Commercial and Financial Chronicle (732) Range Since Jan. 1 Lowest Highest . , NEW J Sep 14 35%'iran 5 25% Jan 4 29% Feb 28 34% Jan 15 31% Jan 4 35 Sep 15 14% Mar 18 8% Jan 26% Oct 9 33% Jan 8 26% Jan 24 41 % Feb 5 36% Feb 1 22 36 6 30% Jan 28 8 4 36% Dec 31 ¥2 Dec , 12% Jan Rayonler Inc common 29 11 9% Jan 26 13 27% Feb 12 Reading Co comriion Feb , 10 Jan 38 33 13 7 82 preferred 1st noncum 26% Jan 6 16% Jan 4 18% Jan 22 Reed 15% Jan 12% Jan 8 14 Jan 27 Reeves 4% Jan 5 ..5 Jan 7 Feb 10 29 Jan 8 9% Jan 8 10% Jan 12 Jan 25 16 Sep 15 4 Dec 23 25 Sep 23 31% Feb 26 '9% Dec 18 14% Jan 19 54% Apr 29 62% Jun 1 Roller * 13% Sep Sep Aug 14 19% Jan 2% Sep 6 22 Jan 11 24% Feb 12 3 Jan 4 3% Feb 11 10% Jan 26 11% Jan 18 3 Remington-Rand 118% Feb Reo 7 42% Oct 30 38% Jan 12 40% Jan 13 6% Apr 22 6% Jan 5 '7% Jan 56 21 22 49 Dec 31 Feb 4 6% Jan 21 11 39% Jan 5 51% Jan - ' 10 Jan 36% Jan Jan 16 9% Mar 20 4% Sep 36% Dec 63 12 58% July 21 5 ' Aug 10 61 % Jan 13 *97% 14 22% Sep 14 29% Mar 18 14 65 Jan 5 *9 26%: Dec 11 107 Jan Jan Prelerred 11 26 Jan 7% Jan 7 14 44 ¥2 Mar 10 257k Feb 1 21% Mar 17% Jan 4 3 -Tan 26 20% Feb 12 12 29 - : Bobbins - ' Mills 43 ¥, Feb 12 Rochester 18% Dec 29 21% Nov 9 18% Jan 4 21 ¥a Feb 12 Rockwell 149 7/s Dec 11 148 Jan '8 170 Jan 3 105 17 96 Jan 18 102. Feb 5 pec Rohm Gas •& El Spring Haas Co & Axle & 8% Feb 12 Ronson Art Metal Jan 29 Royal Typewriter 63 ¥4 Feb 1 4 4 17 Jan 4 15 17 ¥2 Mar 23 13 ¥2 Jan 7 15 ¥4 Jail 20 Ruppert (Jacob) 38 ¥4 Jan 28 20 BmleWaj 18 40% Jan 12 93 ¥4 Nov 9 88 ¥4 Jan 4 96 ¥2 Feb 11 Feb 26 120 ¥s Dec 18 114 V2 Jan 28 120 ¥4 Jan 20 7 43 ¥4 Jan 5 31% Jan 11 35% Feb 11 16 ¥2 Jun 29 193/4 Nov 24 18% Jan 14 20% Feb 10 22 29 33¥4 Jan 23 ¥a Jan 4 27 ¥4 Jan 27 30 77 ¥2 Feb Sep 14 211 Sep 15 312 Jan 5 150 May 26 160 Sep 69 Feb Jan 18 248 Jan 12 22 ¥2 Jan • 26 20 ¥8 Jan 29 225 23 ¥u Mar 25 96 Nov 12 93 ¥2 Jan 4 97 ¥4 Feb 27 Jan 13 24 Feb 10 26 ¥4 Jan Preferred 5% 29 26 12 22 15 ¥2 Mar 6 11 Jan 4 Sep 15 28 Jan 6 21 Jan 4 22¥s Jan 20 15 17 Mar 23 11 ¥2 Jan 4 13 ¥a Feb 5 Scherlng Jan 16 70% Dec 9 69% Jan 4 1 91 ¥2 Jan 6 91% Jan 15 Feb 25 105 Feb 11 Jan 27 25¥a Jan 28 ¥, Feb 11 102 31% Jan 12 86 ¥2 Feb 2 85% Feb 86 Jan 102% Jan 105 Feb 11 17 ¥4 Jan 18 Feb 5 110 Feb 17 ¥8 Dec 15 79 % Jan 29 74 Jan 79 ¥a Feb 9 45 ¥2 July 31 42 Jan 47% Feb 11 Seaboard 21% Sep 15 11 Seaboard Finance Co 26 Dec 26 ¥a Feb 8 24 9 102 Jan 106 Feb 8 85 ¥4 Jan 97 Feb 11 Jan 15 Feb 4 .62 Jan 4 Sears 22¥a Feb 12 12 ¥4 Dec 29 177/8'Mar 24 13 56 ¥8 Apr 17 62 ¥a Dec 60% Jan 20 ¥4 Sep 11 3 267/s Mar 27 ¥4 Mar 12 14 21% Jan 12 BVTFeb 11 $5.75 sink & 12 10 ¥» Feb 3 14 ¥a Feb 26 *7¥» Jan 9 ¥4 Jan 13 60 ¥4 Oct 27 80 Apr 14 62¥4 Jan 69 ¥2 Jan 26 $4.50 preferred 35¥s Sep 18 42 ¥2 Dec 3 32 Sep 15 43 ¥2 Mar 16 ,8 26 Shamrock Oil & 11 ¥1 Mar 25 8Va Jan 9¥a Jan 15 Shattuck 6 25 ¥2 Jan 29 ¥4 Feb 5 Sheaffer (W 79¥2 Dec 22 76 ¥2 Jan 88 Feb 8 Shell 13 ¥, Sep 15 17 ¥4 Jan 6 15¥4 Jail 17 Va Feb 1 Sheller 16 ¥4 Mar 11 ¥2 Sep 15 5 12% Jan 15% Jan 21. Sheraton 15 34 20 29 ¥4 Jan 32% Feb 12 Simmons Co Dec 30 43 ¥4 Mar 20 36% Jan 39 Feb 1 Stmonds Saw 30 ¥2 Sep 11 43¥8 Mar 20 32V'8 Jan 38% Feb 5> Sinclair 33 ¥4 Oct 14 42 Aug 5 35% Jan 42¥4 Feb 5 Skelly 23 ¥2 Sep 29 37 Jan 8 25% Jan 30 ¥2 Feb 5 Smith (A Dec 22 17 ¥2 Feb 27 9 Smith 38% Oct 21 58¥4 Mar 42% Oct 15 70 ¥2 Feb Dec 8 14 ¥s Dec 30 18 Vs Jun 1 15 ¥4 Jan 30 Sep 18 37% Jan 5 35% Jan Feb 8 14% Sep 14 21 ¥4 Mar 20 15 ¥4 Jan *4 19 ¥a Jan 22 140% Mar 13 217/o Mar 2 6 3¥2% 13 ¥2 Jan 12 15¥a Peb 1 4 17% Feb 11 4 38 Jan 26 145 Feb Jan Smith-Corona "49% Jan 8 52 ¥4 Feb 2 4 37% Jan 18 1 31 May 53 ¥4 Feb 33 Dec 16 40 33% Jun 9 13 ¥s Sep 15 22 ¥b Jun 11 Jun 5 35 % Dec 53 Jan 5 13 33 ¥4 Jan 34 26 ¥4 Feb 10 South 2 31¥a Feb 10 Southern 29 49% Mar 18 36% Jan 4 40% Sep 11 49 ¥a 36 ¥4 Sep 21 40 11% Dec t May 20 May 21 80 ¥2 Oct Mar 30 2 39 ¥4 Jan *102 ¥2 27¥2 46 ¥8 Feb 5 5 40% Feb 8 Jan 14 £eb 1 12 ¥4 Jan 5 133s Feb 81 Indiana 6% - & 22% 10 8% *65 ¥2 9 Spalding (A G) 21 105 Feb 10 .Jan 19 22 57 Jan 13 59% Feb 9 Spencer 52% Jan 19 62% Dec 28 57¥4 Feb 12 62 ¥2 Jan 4 4.50% conv 103% Jan 27 103% Jan 27 4.60% preferred 15% Jan 28 Feb 12 8 ¥8 Jan 14 67¥4 Mar 23 53% Jan 21% Aug 31 31% Jan 6 24% Jan 25- 29% Mar 18 28 ¥s Jan Sep 15 80% May -5 12 ¥4 Dec 29 91 10 ¥a Sep 20 ¥4 Mar 18 Feb 11 17% Jan 8 15 For footnotes see page 26. 86 ¥4 Jan $5.50 1 -61% IOV4 22 22 ¥2 ¥2 *22 ¥4' 9,300 *14% 14% 300 6174 6138 14,600 8 ¥2 874 67% 44 ¥2 *6574 67% 44% 44% 44% 3574 3574 35% 3574 22 % 9 87s 834 8,'800 8 ¥2 44 ¥2 36 22% 8 ¥4 8% 874 874 874 872 14,600 45 ¥4 45% 45% 5,200 357B 3574 35% 5.800 8% 874 8% 8% 8 ¥2 8% 8% 2974 X29¥a 29 ¥a *28 ¥4 29 ¥2 *28 87 ¥4 88 87 ¥2 88 86% 87% 86 87 8674 87 16 ¥2 1674 16% 1674 xl6¥r 1634 16 ¥a 16 ¥4 16% 16% 14 ¥4 31%, 8%; 14% *14 ¥4 1474 14% 1,700 31% 32 32% 32% 2.9C0 39% 38% 39 *37% 38% -37%. 38% 38 4174 14 ¥2 3174 39% 38% X3774 *40 41 *40 40 ¥2 *44 ¥4 46 46 46 ¥8 37 145 5% 5% 16 15% . *29¥2* 9¥a 10 /•Square' D Standard Brands 4 -91 Feb 12 27 12% Jan 5 - ; pfd 37% 25.800 41 41% 5,100 , 2974 *2974 29% 1,600 9% 878 9% 7,200 *40 40 40 46 46 ¥4 46 46 160 1474 14% 15 800 *14% 14% 1474 17% 17% 17% 1774 17% 17% 3,500 37% 38 3 7 ¥2 377a 37% 3774 46,000 18%' l 18% 1874 18% 1874 18% 6,900 *141 ' 146 *142- 147 *143 ■5% 574 5% 5% 5% 1574 5% 16 16 ¥a 15% 16% 1574 *50% *5274 54 *52% 54 146 5% 16 -100 « 3,200 23-, 800 54 *51 54 37 54 37¥2 37 35% 36% 35% 35% 35% 3574 *35 ¥4 36 ¥2 *35 ¥4 36 ¥4 *35% 36% 303 38% 3874 3874 38% 38% 11,300 16 ¥4 16 V, 1674 43,600 ' *35¥4 35% 36 36 25 38¥2 38% 38% 38% 38 3 s 15% 16¥8 15% 16 ¥8 16 ' 2;400 16% 26 2574 26 257a 26 y4 257a 26 30% 31 31 ¥2 31 3174 30% 31% 30% 30% 8,600 40 40% 39% 40 39% 40 ¥a 3974 40% 39% 40% 27,300 45Vt 457s X43% 44% 43 ¥2 44 4378 44% 44 % 11,703 40Vi 40% X40 40 39% 397/a 39 7-2 397k 40% 2,300 7.50 No par tr fctfs 50 100 *80 1 13 *80 >81 13% *80 81 13% *80 81 ' 44 39% *80, 81 13 ¥4 13% *25% 13% 13% 13 13% 26 13% 3.000 12,500 47/8 4% 4% 47% 4 % 4% 4% 47k 4% 4% *4% ^5¥4 *474 5% *4% 5% 5 5 4% 4% *104 59 ¥4 *103 108 * common—v6 ____: 1,003 81 1 No par preferred *103 ; 59¥2 58% 59% ;_50 100 107 -59% x58% *102 ¥4 103% *102% 105 105 105 3,600 *58 ¥2 59% 57% 57% 982 *10274 103-% 5 8 ¥2 60 59 % 59% *102 74 103% * *102 103% 15¥4 15% 15 ¥4 15% 15% 15 ¥2 157 a 157k 15 "4 15% 48% 49% 49 49 ¥2 49% 50% 50 ¥a 50% 50 54 2 7% 7 ¥2 77a 77'4 77 a IVA 7% (stamped)_No par ,59 ¥4 59 v4 5 28Va 28% - 60 28% -60 29¥a - 10 58 % 59 7/2 1 7% 300 108 57% 59 103% *103 59 5974 1 Inc 60 41% 40 ¥2 30¥4 Co—; ,1 200 37% 7% " 7 29 V4 Feb a 38 3 46 ¥2- : 46 ¥4 145 14% 37% 41 9 ¥. *40 14% . 41 ¥4 9¥a 9 ¥4 145 7,100 39 ¥2 14% 31% *38 ¥2 5%. 12,200 31% 14 78 3174 14% 100 2972 *38 ¥2 1474 3174 9 *28 29 ¥2 No par Co 2,200 8% 8% *29 ¥b common—No par 2nd ■61% Jan ;14% Jan 20 44 ¥2 35 ¥4 26 common Conv $4.50 "66 66 Elec—No par (Del) stk 2.7C0 67 *66 67 ¥2 *66 120 96% 16% 'Spencer Kellogg & Sons Sperry Corp (The) Spiegel Inc *14 ¥2 10 974 8% 7,200 ¥2 2274 22 ¥2 10 25% 1057i *95 62 61 ¥a 10 .2274 25% *104 ¥2 ~60 Co & Gas Chemical .31 ¥2 Feb 28 61% ^_5 Edison— preferred 5 '4 12% Jan .'7 12% Jan - 11 . 62 35% 1 Co Inc common Dec 52% Dec 29 ;itr 44 ¥4 1()0 & Bros Inc 60 ¥2 Dec 4 14% 22% 62 '61V2 15 61% 15 95 ¥4 8,3C0 81 1474 95 ¥» 94% 47% 97 105 105 107 *105 94% 94 160 1774 4774 26% 2574 26 2574 26 107 *14 ¥4 15 Nopnr preferred Ohio 2 6 V8 Jan *105 94¥2 29% *29% Railway non-cum Mobfie 18 9% Mar 19 25% 25% 106 94 30 8772 106 *79 4774 47 ¥2 47% 30 Co Oct 14 81 46% 30 Gas Feb 5¥b Sep *79 79% 47 25 ¥2 -100... Natural 44 54 82 79 46% 25 103 4 *79 78 2,100 ¥? 1 Sparks Wlthinglon Co 11 *17 30% Spear & Co Jan *86 *105 1774 2974 27 14 87 105 *17 ¥2 ,_8% 20 43 ¥4 Jan *85 105 18 >8 10 5% Jan 5 87 106 *17% Inc common—20 5 V» Jan 16 *85 *103 18 Va 47¥a 106 28% 87 78 - *28 ¥a 106 463/4 * 103% *85 *17% 130 95 *102 ¥2 *104 41 10 19% Jan 18Ve *93 ¥2 * 28 ¥4 28 277a 42% 11 49 ¥a Mar 20 85 ¥4 104% 95 103 ¥2 " 42 4 ¥4 Feb 101% Dec 277a 4274 4% Jan 2 27% 93% *102 ¥2 42 7% Mar 25 14 27% 77 '93 ¥2 103 ¥2 93 ¥2 '*102 ¥2 94 38 7% Mar 17 14 103 ¥2 27% 76%. 77 Va 103 ¥2 93% 25 31 12% Sep 76% *102 ¥2 94 No par 29 35% Sep 1,600 1 — 4 ¥, Dec 98% Feb 11.7a *39 4% Dec 106 1,400 ¥2 No par 15 Yb May 25 107 *173/4 1 * 11 1 x85¥» xl04 5 Co (The) Southern 11 Jan 10 24% 11 5,800 1 California South'n'Pacific 37 97% 24% 76% preferred 8 80 97%' 1174 77Va *50 ¥2 6 73 99 24% "91Va 99 77 5% preferred 50 South Porto Rico Sugar com.No par 28 ¥4 Feb 30,100 *93 15% 25% Jan 22% 11% *141 10 20 160 7,800 E & G Co com_4.50 33% Feb - 24 ¥2 18 ¥2 27¥s Feb 24 22 11% 18 ¥4 Southern Co 238 *130 24% 18¥4 26 r 22% 11% 18 16 ¥4 Jan *228 240 : 160 22 ¥a 24 *97 ¥4 1 5 240 *130 * 22% 2.2C0 76% Aircraft'Co 15% Jan 11,700 69 11% 17% 2 2,600 26% 68%: 6874 24% 38 16 ¥4 Feb 20% 26%: 99 17% Southern 20% 6874 11% 37% 19 6,700 *97 ¥4 ~ 39 ¥a Jan 35% *24 ¥2 38 11 35% 26% 235 171% 37% Jan 890 9,000 35% - 20 ¥2 160 217a 14% 39% Mar 16 1 20 ¥4' *226 37% '.8% 37,500 119% 26 % *130 217a 17% 9 40 95% 1197a 76% Inc South Carolina 400 20% 160 14% Feb 38 ' 21% 5 36 *94%' 3,400 72,100 14% 26% -68 ¥2' 226 226 *130 15 11 ^eb 67 ¥2 No par Jan 39% 9 6 ¥2 16% 63 * 'Solvay American Corp 4% pfd—100 South Amer Gold & Platinum 1 10 *14¥a 7674 —No par Socohy Vacuum Oil 11 1 Oct 32% Dec 67% 68 3% 167 k 63 4,900 27,600 Smith-Douglass Co Inc 9 6 16 ¥a Feb *4 '6 26% 700 834 127a preferred 5¥a Jan 20% 26% 35 10,9C0 ' 120 ¥4 119 ¥4 %5 1,300 Va 21% preferred 4.20% 14 Va Jan 20% 26% ' 94% 21 166 105 40 ¥a 39% 3974 V « 4,500 43% 1274 Corp 29 140 20 ¥4 '• t <20 160 165 "j,i 105 f8% 8% 16% .16% 63 63 14% 14% - 119 ¥4. 34% . 6.8C0 26% 21% ^ 29 Mar 26 34% 20,8. loo * 2.9C0 20% 1274 No par Corp 40 ¥2 Jan 7¥b Feb 27 15 34% 28% • 26¥a43%; 21% 5 Co__ 46 ¥2 Jan Solar 20,4 95-'% :• 95% 119 -7 « 20 a ty ,8 2,900 13,000 12% - Steel 4 43 ,427/a 39% 95 V* •.->20 25% 26 v, 42%;43 ';}?•;> 165 *98 105 8% ' 8% ,.,1674 >16% 62% y63 14% *.14% 119% 27 27 20 , /8 400 8% 127'« : 21 ¥1 No par w & Jan 38% Jan 20 -s * 165 3974 39% 95 ¥4 5,900 25% 1274 ; (Alexander) 4 ; 1,100 54 25 21 ¥4 Corp of America-— O) ■ 26%. 53% r 430 12% No par Corp Oil r , 226 244¥4 *130 160 21 ¥2 21¥i *97¥4 98¥2 *24 ¥2 25 ¥2 ll¥s 11% common Pen 28 y« Sep Oil , 26% 27 54 25-;a;8%( • ,20/4.^21 r 103% 27 26 300 87 ; 10334 15 A) Mfg . 25% *42% ; 87 :aa 53% 25-4 8% ^ 8% 11 n'/«-v 27_. 1 27 j ; \ 19^ *19 . 119 54 ; 25n 51 - 2l¥a Corp Oil . 25% 43 ,,. 21 ; 42% * 20% 20% 165 ' 11 164¥2 164¥2 105 ; *98 VT05 > , 8% 8% 8% 16% ... 4 16¥4 16¥2 62% V 61% 62 15 X147V 14% 395/a 40 94 ¥2 95 ¥4 II8V2 119V2' -34¥2 34% 20¥a 20y4 26¥a 26¥a -* • 19% "19% 25% 67V, * 67% 40 (Frank O) 26 ¥4 Feb 24 25 8 ¥a 16% 61% *13% 1 No par 22 9 ¥4 Feb *160 y. , *46 127/a Gas 29 8 27/4 "%•« 100 'Sharon Steel Corp Dec ¥4 Jan 27 100 — 62% Apr 8 11% 1 24 ¥s Dec Jan .8% .11- 11 ; 1,400 32,800 104 '1037 s 26% 54% 26% 4 5% 37 % 51 *37 88 27% 54% 26 *46 104 12,900 *5% 367 s 21 ¥4 com Seiberling Rubber Co 12 Jan 88 61% ¥+ 5% : 37 51 104 88% 104 , 9,300 38% 5% 38% -61 62 31 62 . -.5% *46 /51 103% ;g3 5% 387k 4,309 12% Servel Inc common 45-% Feb *87 11 25 Co 15 36 87 104 • 61% 38 7 k 5%" *46 5 13 Jan 400 ' 6%: 67 k 6% 21 — Oct 32% Jan 6% 39 39 39 38% '6% *27% 27% 26% 54% 55% . x53% 25^8 25% *25- 4 ™8¥« ».'8%"%,*. preferred-No par 8¥a Sep 40 26,600 '1*18% 13 Refrigerator Co Seeger 39% 6% 62% 5% x38% 51 103% 3 a3! 6% j 61% 5% ' 87 " 20--- 100 fund Roebuck 3,100 50 No par Seaboard Oil Co or Del Corp 28,500 117 s 21% Air Lille RR Co Seagrave Jan . 'lie 113 118 ' 118 11 49% 12% preferred Aug 13 90 49% 118 ¥2 > 63/k 62% *46 No par (The) 14 3.35% 43 27,606 3% 3% 4 11 ¥a 30 11 -* 50% 100 8,800 24% 21% preferred-— conv Scranton Elec Co 36% Sep 14 22,200 96 *. 2171, ' No par preferred 4.30% •; ,11 40% 39% 39% 5% 38% 15c Corp 68 ¥2 Jun 103 ¥2 Nov 6% 60% " 100 10 5 1.40 $4 preferred 'Scovlll Mfg Co common 3,65% preferred 19 3 3 $3.40 50% 118 7 k 33 3% ■3! 8 3% 10% 50% 40% 6% 39% 5 Scott Paper Co common 26 78 ¥4 Jan 95 1 103 ¥2 Jan 16% >3-2 " 100 Arms Corp ; Industries Inc ■Savage 3% 10% *118 118% 100 series A 3% 10% , 50% 50% .100 Schenley Sep 85% Jun 16% 3% 1 la 5 preferred 1st pfd 4.40% 11 23 10% 5 - {8angamo Electric Co 10¥2 Dec 47 10% 1 series A 5% noncum 20 * 23% No par St Regis Paper Co common 12 Va Jan 18 23% ,v, «. (The) St Louis Southwestern Ry Co , 9 Jun 23% preferred ; 10 conv preferred 100 St Joseph Lead Co 10 6t Joseph Light & Power___No par St L Ban F Ry Co common—No par 12 14 4¥s Sep 23% 4%% 14 11 ¥8 Jan 23% 4% 8 62% Jan 2 61 121 23% 5 Stores commuil— 40% Dec Ruberold Co Jun 13 23% Works Inc 7% Jan 8 23 % 100 14% Jan 35 22% 3% ' 55 30% Oct . 240 17% 16% 2U74 100 common 13 7 58% *94'% preferred series'A. J 4% 19 6 16 ¥2 95% 20'2 Co 30 • 16% 20% No par Nov Oct 58 ¥s —10 Corp 10% Jan 72 53% 20% 25 22% Jan 99¥* Aug 24 58 ¥2 16% preferred.,— 62 10 58% 20% No par 30 19 *58% 100 100 / 10 % 1 50c — 6% Sep 24 14% Dec 29 30 58% *10 94 100 50% Sep Jun 10% ■ 27% 12 15 Vs Jun *9% 16% 19% 25% 43 14 81 ¥2 Jun 10% j. 96 27¥2 Jan 98 *iO 20% 19 Y* *25¥« 42% 20% Jan 18 ICO 5 ¥2 *26 ¥2" ' 27 ^7 *26% 27 10% 20% 50 24 29 *5¥s 5% *4% " 27 27% - *93 Controls com—1 41 Jun 5 5 5% *4% 20% series A 7 98 ■ 27% 95 4.50% *• preferred 5%% 'Conv 25% Aug 14 247/s Dec 33 - 20% series Robertshaw-Fulton 43 V* Dec 54 t. 95 20 23 Sep - 58% common 22% Oct 35% Jun 21 6.9C0 tuc 26 ¥2 Feb 91 ¥2 Sep 2,5t0 13% 59 Roan Antelope Copper/Mines 127a Feb - 15 15 18 13% *10 series—, 4.50% Rltter Company 8% Feb 10 ¥2 Jan 29 17 ¥, Sep 17% 13% 1 *27 Richfield Feb 3 9% Dec 18 27 V* Mar 16% Sep Dec 18 10% Rheem Manufacturing Co A Oil iCorp —-No'par 56 ¥» Feb 20 5 28 ¥» Feb 11 25 26% Dec ' 100 13% 5 27% 25 Preferred 3.60% 48 ¥2 Jan 25% Jan ' 81 39 177 k *10 10 FtbflO 104 43% Sep 22 Oct 32% Jan 23 27% 13% 17% *27 conv Feb 88 5 5 14 103 33 *26 ¥2' 18 .*4% Common 5 90% Jan 80% Jun 98% Dec Dec *32 % 27% 13% 10 No par prior pfd series A—100 Revere Copper & Brass No par Rexall Drug Inc— —2.50 Reynolds Metals Co com No par 1 Reynolds Spring Co— Reynolds (RJ) Tob class B— 10 25 Vs *37% 33 17% 13% Inc™, Motors 6% 4 5% Feb 11 39 *32% 13% 13% Republic Steel Corp com 8 31% Apr 2 *37% *26% 38 17% 27% 17% 13% "84.50 preferred1 • ,51% Jan,29 4 24 1.4C0 *26% 17% Republic Pictures common $1 convertible- preferred- "4% May 18 11 Jun 14,90j *32 % 27% Republic Aviation Corp Mar 18 47% Jan Apr 38, 8i0 , 277s 277s 27% 27% 27% 38 16% 26 Jan 115% Jan 92 27% 13,600 9¥s 9 9 27% >6% Jan 21% 52% Mar 17 115 27% 8% 9 1 12 97 11 115% Mar 17 7 8% 33 50c 17% Feb 11 Jan 14 6¥s Apr 23 11% Dec 31 9V« , *37 % common 4 Jan 11% Jun ; 8% ,27% . *58% 14% Jan 10 48, 34% , *31% 38 100 19 14 29% 34% 23% 33 series-, pfd 3%% 95 40% Sep 42% Sep 29% 34 a r 5 2 108% Jun t. 22% 5 common.; 23 17 Shares 29% *34 % No par Corp Mfg Co Jan 27 14 Feb. 12 34% *26% prior, preference Stores Conv 59% Jan 20 1 the Week Friday Feb. II & Co— $1.25 <J1V Reliance Thursday /Feb. 10 * 97 12 9% Sep 58 ., ''Reliable . 29 % : 7% 2,800 29,100 12,200 230 60% 61 61 61 28% 29 ¥4 2872 287a 28% 28% 6,900 3074 30 77a 30% 30% 30% 7,400 91 30% -- - *61- 617 k - . ,Nopar 31 ¥» 3IV2 x30% 3078 $3.50 preferred .No par Standard Coil Products Co Inc„—1 " "90% 90% X90 91 90 y4 90% 90% 91 14¥4 14% 14% 147a 14% 1472 14 7k 147 k 14% 14% 4,200 12% 12% 127a 12 7s 12 % 127a 127a 127k. 12% 127a 6,100 Standard - Sales for TRICES SALE HIGH Wednesday ' . 28% . 34%' No par Co 19% Feb 14 18 27 50." Inc 23% May 25 21 84 „ 27% #37% *311/2 IVIonday, February 15, 1954 *34% . 9% 27% 9 , 34% 23% 35 50c Bit Bros Rels (Robt) 7%-Mar20 . preferred Mills Feb, 9 29 34% 50 2nd Real Silk Hosiery 6 12 preferred noncuia 4% 23% 5 _50> , .A% s.- 22 % Mar 23 6 1 Raytheon Mlg Co 'i~ AND Tuesday . Feb. 8 25 Jan 28 % Jan 297k Nov 6 16% Oct >Mar - 4 Monday - Pat LOW •'* • STOCK YORK EXCHANGE Highest - 30% Dec 22 - STOCKS Range for Previous •Year >1953" , Continued—Page 10 NEW YORK STOCK RECORD Lowest : com Gas ^& Electric Co^No par *90% 1 460 \ Volume 179 Number 5299 .. The Commercial and Financial Chronicle. . (733) NEW YORK STOCK RECORD Range for Previous Year 1953 • Lowest 49 Vi Sep -Lowest Highest . •59% Jan 21 5 52% Jan 4 58'A Feb 2 15 :78% Jap 5 68% Jan 71% Jan 4 , Sep 21' 38% Jan 5 32% Jan, 4 , lOOVa Jan >12 May 11, 8% Dec 30 8% Sep *40 Va Feb » «13% Mar26 47 % Dec .'5 32% Jan 25 % Nov 23 16% Sep - 38 24 '14 16 % July 1« > 20 Dec 8% Sep 92 29 s 18 i 110 July n 1 15 Sep 23% Sep 16 GG 6% Nov 520 - 8% Jan? 6 113% Jan 16 % Jan1 24% Jan rj 22 635 6 13 18% Dec 2 44 % Dec 14 21 40 Jan Sep 30 86 May 22 97% Jun 16 15 >■ Jan 5 8% Jan 2o 14 preferred series A Stand Ry Stanley 7 common 100 *100% 1 10% 10% 12 12% equip Mfg Co Warner Star re tt Co ' Corp (The) -l S_- 5 *42% 5 Feb 12 22.\ Jan 20 95 Stevens Jan' Stix Feb 10 28 ,15 l 24% Corp, 17% *17% 23% 24 -No par 12 36% Feb 127% Feb 21% 34 r; boiiuhon-"— 17 25 , 79% 10c 8 25 *665 50 5 X34 119% 14 27 15% Jan 18- 15 Feb 11 11 45 Feb 1 5< Texas Co Texas Gulf (James) Talcott Inc 17% 33% 33% 87% 11 124% Feb 10 ll 118 Jan 11 6% Dec 18 30 17% Jan 6% Jan1 12% Mar ;6 Dec 13 20 11% Aug 31 17» 42, 7% Dec 31 12% Jan 6% Dec 31 40 Jun 15 ...9% Oct 15 88% Jan 8 14 Feb 1 9% Feb 12 •15 Textron 7 15% Jan 21 "42% Jan 22 9% Feb 12 The 7% Jan 27 Thermoid 4 1% Jan 44 9% Jan Jan 4 15 10% Jan 61% Mar 26 97% Jan 2 4 55% Jan 92% Jan1 7 Feb 1% Feb' 1 2% Feb '4 .16 3% Jan - '97 . Nov 27 29% Mar 27 14 ' 27'A Mar 25 Dec 29 * 46% Jan '11 % JUn 10 .23% Sep 12% Sep 17 17% Jan 19% Oct .35 Dec 11 20, 5 4 Feb ' 22% Feb .5 5 36% Jan 4 40% Feb 4 13% Mar 25 12% Jan 5 12% Jan 29 14 29% Mar 19 25% Feb 2 14 20% Feb 13% Jan 12 10 2 25, Feb 17% Jan 27 13% Sep,15 106% Jun Jan 20 18 25 17 . 15% Jan 15 Jan 11 5 1,200 47% 47% 48 93% 47% 47% 92% 93% 14,400 90% 90% 91 '/a 90 90% 5,100 114 Feb 93 5% 6 57/a x37%\" 38% 6 6 6 6'/8 37% 38 37 37%, 119 123% 123% 124% 121% 124 118 116% 116% 116% 118 116% 117 48 vb 48 y4 48 y8 48% 47% 48% 8% 8% 8% 9 Va 8% 8% 8% 14 Va 14 *14y8 14%, *14% 14% 14% No par 42% 42"% *9% 9% —1 common^ preferred 7,300 -50 ' 7% **40 %" l7/» 10,500 7% 15 1,600 14% 14% 14V'2 14% 1,300 42 42 42 42 y4 660 9% 200 7y8 2,300 *9% 7% 7'A 40% 40% •41 160 l7/a *1% 2 *1% 2 300 *9% *9% 97/a *9% 9% 2 53% 54 *95% 97 *95% 97 2 19% 19 7 10 2 19 1 *19 22% 22 22% 22 40% 40% 40 40% 12% 12% 12% 12% 26% 26% 26% 19%"' 22 22 ya 40 40% 12% 12% 26% 26% 26% 14% . 26%/ 14% 17 17 17% 17% 17% 17% No par 113 V« 113% 113% 55% 3,600 98% 2 20 2 5 18% 4,300 14% *17 14% *17 17% 113% 114 17% 113% 700 22 y8 39 Va 40 Va 4,100 12% 12% 6,200 27,700 9,600 26% 26% 14%. 14% *17% 14% "171/2 3,000 17%: 14% 17% <18% 21% , 17% 17% 12,600 113% 113% 250 3,100 ' 14% 1 common 54% *97 .. 2% 19 12% 26% 9,7 *2 22% 40% 17% 54 97 19% 12% 14% 7 ' 40% *17 7% 40% 53% ■ 2 22 Vb 5 gy2 30% 5 —-2 y 7% -No par Williams ,Steel—No par 97/b 1% 10 19% *9% 40% ' 53% 2% 9% 2 42 *1% *9% 97 14% 14% 53% 2 13,700 42 10 *96% 14% 8,000 9% • 14% 9% *40 y2' " 14 800 48% 42 7% 42 14% 118 14% *9% u% 14% *116V2 42 y4 42 54% Corp 10,200 122% 9 8% 50c i Bearing (The) 6ya '122 - 2,100 37% 48 48% *9% $6 6 36% No par 53% 9 92% 57/b 38% 38 119 No par Tfl-Continental 15 46% 48 (J R)— <to 3,800 47 Vb 15 Transue *14% 118 Transamerlca Corp. — Trans World Airlines Inc— 1 Jan 15 -*115 Co Roller *14% 40 1,600 5y8 5 Ya , '■* 88 Vs 107 45% Avenue Transit >Corp-No par Tjmken 15 *87 *106% S'/a 16,600 Toledo Edison Co "4 Feb '17% Feb 4 111%, Jan 7 28 '14% '17% Jan '11 *14% Thompson Products Inc com5 4% preferred ——-x *—100 Thompson-Starrett Co com—No par $3.50 preference—ue. ^No par Tide Water Associated Gil—* 10 11 28 * 1% Nov 30 15 87 106%' 5 1 — Thompson 87 ■106% *—100 preference- Co 7,300 Trust— Ry Co convertible $2.50 27 * Fair IThird 15 49% Jan' conv. 33% 15 conv $2.40 33% 64 % .preferred -No par Thatcher Glass Mlg Co common—5 -7 2% Jan 19 $1.25 33% 63% No par Inc. common-, 12 *14% 400 11,400 5% ' 15 17% 43% 63% certificates Utilities Feb 40% Jan >18 Sulphur Pacific & 4 Jan 7 27 .3% Aug 3 14 % Mar 12 15 41% Sep 44 Texas , 106% 5% 560 f 43 33% 87% 106% 5 *17 y4 43 10 Producing Co share Texas 5 8% Jan'22 Mar 26 .9% Jan 4 1% Jan 10 / 5 13% Jan 38"% Jan' 14% Mar 10 35% Nov 4 13% Jan Sub Feb 48% Feb *86% 107 17% 42% 63% Land Jan 126 y2 127 *17% . 63% Pacific 47 126 y4 126 ' 63% Texas 107 123% 33% 1 106% Jan 5.000 17% *14% 10 9 400 1,100 ."36% 63% Oil 16 15% 36 Va 63% Inc__, 23 15% 36 ?A 46% & Mar 15% 36% „ 64% Coal Jan '15% 42% 5 ' 13% r 42% *86% 6,600 , 36*y4 *17% *106'A 1,200 8% 700 35% 15% 17% 5% 79 8% 695 45% Instruments 48% Dec , 42% 86% 78% 8% 695 900 63 % Pacific 138 8 vb *670 22% 43% Texas 165 8% 695 32,700 h ' 14% Texas 6 78 10 18 <•24% 43% Texas 10 * 22% 78 17% 106% *22 22 vo 79 42% 5% *24% 22 17% 85% 17% 24% 125% 35% 121 33% 18 ve 24% 15 5 15 \ 43% 5 Oct 17% .' c 2,000 14% 5 Sep •70% 117% 43 y2 6% Feb 101 70 *116 14% 39% Feb 103 34% 70% 117% 22 8 20 70 18% 24% 7,300 44% 93% Feb .37% Jan 17% *24% 1,800 '9% 95 *116 117% *670 15% 121 7oy4. 33% 9% *94 25 ; Gulf " ' 33% 10 95 14% 4 Jail 34% 9% *94 . 44 4 35 33% 10 95 " 14% 5 15 24 -.34^/8 i 9% 29,800 44% 5% Jan 5% Oct 42% Feb :J34--'f, 600 5,500 -20 14% 80% Jan 6 14 1-9% 44'A 5 110% Jan 15 5% Oct 30% Sep •23% 20y8 43% 39 78% Dec 23% 19% 14% 1 11 23 y8 ; 1,200 2,400 14% 24 Feb -23% ( 20% 2,400 '14% 113 43% 54% Apr 48 <17% -20% 5 58% Dec 64'A Feb *l'7>/2 20 8 2 4 1'7 % 42% 106 9 Telautograph Corp Coi'p — 18 11 17% 33% 1 Tennessee Jan I 42 No par No par — Gould Corp 47% Mar 57% Jan 17% 33% —25 14 Jan •12% 8 690 15% 34% X117 (The)—4.16% (conv) 8 685 685 "15% 100 common Feb 25 V 8% 15% 50 21,300 *14y2 20% 78 % , ' . ' 14% 29% 23% * „ 4,400 30 13% r 22 Sep 34 ,, 100 200 , 95 29 •23% 18% *24% f 24% 78% 87 Jan 17% 24% 22 13 pfd *24% 21% — preferred 18 79 Jan Coi—_ Jan *94 y4 13 *94 78% Sweets Co of America 14% 95 29% 28% X20i .- 95 21% 49% Sep k 17% Sylvania Elec Prod Inc com—'7.50 14 , *17% 9% *94 12.50 Paper Co 40% Jan 16% Aug 13 3 9% ... 1950—20 preferred— cum 38% 14% 70 Swift /to .$4.40 '12 Ve 38 % j *116 Symington 43% 12 VB . 70 (Jan 26 107% "Jan 28 5% Feb '5 43 % %: i2 13% 119 45% Jan 28 • 44,000 20% 70 18% Jan/5 4 13 y8 14% *116 34 4% Jan: 44 2,300 '12% 13% '70% 4 $4 9% 95 100 <ioy4 .14% , 117% Sutherland 104 *94% 38% 22,300 Vb 38% *12 2<f%" 70% Superior * Steel Corp—; 11 '•28% 117% Sunshine. Mining Co__: Superior Oil ef.California 4.40% 9% 95 1 Sunshine Biscuits Inc 11 11 " 4%"%"preferred——100 " , 10 '38% 95 -No par Sunray Oil Corp common 4%% preferred series A 5 % % conVZhd 'pftl ser . 12% *42% . 12%' *94% 23% 20% 34 4 Jan- 23% 21% ' *101 lo% 20% 34 A 44 " 13% 17% 20% •CluSs 101 10% ■12% 38% 14% 17% Co *42% *12, 21. >13% 33% 11 12 "20% *14%! 14% fl3% —1 5 : 15% Feb 20% 14% 13% Sun Oil 12% ! 28% »No par & Bun Chemical ;Corp ,common,. __1 "f $4.50 series A preferred—^No par "1 700 " Feb X20% a Co Studepaker fcorp —-• <"v Sunbeam Corp r„—. 21 80% Feb V. 8% F«b 28'% - " 95- 101 1<)%- 12% 12% " 38% 101 10 '/a ' f <to, Fuller * Jan 44' „ *94%" 28% *100% 10% 38 28 1 12% *12 Stone & Webster.^— 26 22% Feb 12% 38% »——5 .8 18% Jan • 8 Baer *43 12% 38% Stofcely-Van1- Camp • Inc common—21 ,5 % prior preference, ': 20 „ . ?'5 117% Feb : & CoAluc xlO'/a. ; 12 %' 44 ,100 Jan.',6 ■j 10 \ '• (J P) 101v *100% 95 ! preferred Stewart-Warner. ... Jan 14 , Bros Sipres Inc 3% % 101 _No par 1 105% Jan 5 17% Nov , 31% 81% 25 7% Feb Feb 71% Jan * Jan " 4'v 41% Feb 5 111% Jan 4% Sep Jan ' 30% Jan'11 111% Jan 11 17% Feb- 8 11 35% Jan -29% Sep ". •'■95'"Feb 14% Jan \74'.* 6 33 • •; 11 29 Nov 3%% 12, ■ 36% Jah. ' 5 : 7 71% Jan 22% Jan 20 Nov 15,800 ~ '23,:. v .... 32 37% 24% Feb 4 21% Jan 19 113 • • 24% Jan-11 26 23% Mar 26 14 78 7 21% Mar 25 18 37% 11 30 : 7 Jun 37% i »*" 4 1 Jan 37% Feb 10% Feb >8 4" Jan: 25 12% Jan Jan Feb- 100 36,700 5 19% Feb'11 Dec 78 18 30% Jan-11 10 % Jan 77% 37 % "14% Jan 2 660 78%. 37% I 13% Feb 69 17 37% 78 37% r18 14 15 37% 45 4 89 May 12 13% Sep 37% 8 21% 9 73% Nov 10 4 2 15 Sep Ohio 17% Jan1- 5 ♦ of 78% 14.700 Oil 78 75% Standard 79% 75% Sterling -Drag /Inc - coirimon Feb 30 19% Sep : 57% 76% Sterchi 82% Jan 117 Jan 14 57 75% 22' Dec 99 67% 78 .4 .10% Mar 13 • 20 Oct 68% Nov 57% 76% *8 Jan; 38 i 78% 78%, 95 43% Feb 23 s 20% Jun 40 57% 78'/8 79% 12% Jan 9 -^8% Jan 20% Dec 115 57% 78% 78% 38% Jan 13"% 18% Nov 57% 77% 15 Indiana ,.'12% Feb 2 17% Feb '16% Mar-11 15 ; Shares 57% 25 .13% Feb 4 the Week Now'Jersey— • Feb.12 Feb. 12 of 7 20 Sales for Friday Feb. ll J of 5 >25% Jan - Thursday *'■ Oil a 2 SALE PRICES Feb. 10 Oil 11% Jan* 2 58 HIGH Wednesday Feb. 9 Standard 91% Jan. 14 57 par ," Standard 36% Jan Dec 21 36% Jan *. California—No Tuesday Feb, 8 9 37% Feo 10 5 '23% Feb -• 12% Dec -29 10% Sep - - -94 Va Jan 4 Par ,5 101 •4 42% Feb 7 • 6 11% Jan 17% May 25 4 Jun Jan 9% Jan. 12V4 May 11 17. ►;10% Dec 30; 87 99 Oil of Motiday i 78% Feb 8IV2 Jan Sep 4 Standard 5 ' Continued—Page 11 LOW AND 79 % Feb 15 G7 31 EXCHANGE •Highest 65% Sep 94 ^STOCKS NEW YORK STOCK Range Since Jan. 1 17% 17% 100 24 112% Aug Dec ,15 42% Jun 29 ;20% Jan 30 15% Jan 4 17% Jan 25 Truax-Traer Coal Co common 1 17% 171/a 17% 17% 17% 17% 17% 17%, '17 % 19 47% Feb 25 45% Jan 7 50 *43% 45 *43% 45% *44i/8 45% *441/8 451/4 44% 44% 24% Jan 30 Tung-Sol Electric Co common 1 16% 100 30 44% Jan 28 "17% Jan 15 (conv)-- '15% Dec 17% X167/b 16% 16% 17 16% 16% 50 *51% 51% X49% 51% 1,500 *49% 51% 51% 51% 51% 10 1 20% 20% 20 20% 201/B 20% 20% 21 y8 20% 21% 15 15% 30,200 15 15 15 15% 15% 15% 14% 44% *44 45 4,700 preferred—-——50 44% 15% 44% 44% 44% 46 45 45 1 7% 7% 7% 7% 7% 25 69% Jan 30 16% Jan ' 1 49% Jan 8 13% Jan 2 21% Dec 28 19% Jan 29 "11% Jan 15 15 Jun 8 13% Jan 18 '15% Feb 11 .35% Sep 25 5% Dec 18 45 Jun 8 41% Jan 5 Feb 11 9% Mar 20 6% Jan 4 8% Feb 12 Sep : . —— Series Preferred 52% Jan 20 '22% Jan 18 ,49 preferred A 17% 113 17 113 16% r * 46 . Conv series of 1952 5% 20th Century Fox Film.new-*Twin City Rap Transit com—No par 5%-conv prior Coach Co Twin — 7% . 7% *50 " 7% 73A 940 •' 8% 4,300 u ' 10% Sep 14 14% Feb Dec 29 55 % Jan 15 7 Dec 23 .13% Jan 8 38% Sep .61% Jiin 15 49% Mar 20 16 75'% Dec 19% Jun 16 24% Mar 12%, Jan ' 4 2 .26 - 98 ' 27% Jan - 4 7% Jan ' 4 43% Jan ' 8 13% Jan 7 Underwood 9 Union Asbestos 46'A Jan 20 Union 74% Jan 20 Union Carbide St 1 Union 111% Feb 9 Jan 97 Jan 8 85 Jan 7 JUn 18 100% Nov 6 99 Jan 5 37% JUn 10 39 2 104% Jan 15 89% 103 ,Feb 42% Feb 5 105'A Jan 11 120'A Feb 1 50 % Feb 1 6 48 Jan 44 ' 4 *90 93 89 89 *88 90 T02% 25 41% Union Oil Union United 3 106% Jan' 29 103%, Jan 11 106% Feb 3 32% Mar 25 21% Jan 24% Jan 29 13% JUn 48% Sep 23 3% Apr 23 * Jan 23 31% Feb 27 2 Preferred 4%% United United Carbon 29% Feb Unlted-Carr Fastener 27 12 4% Jan 11 80% Jan 4% Jan Sep Jan 19 1 Dec 46 Sep 93 89 89 *89% 91 103 89% 103 103 *103 640 130 104 50 41% 41% 41% 41% 41% 41% 12,100 118% 117% 118% 117% 117% 117 Vb 117% 117% 118% 5,300 50'/a 50 50 50 50' 50 50% 50% 50% 45 44% 44% 45 45% 45 45 45 45 50% 50 y4 51% 51% 52% 50% 52% 51% 53% 1051/4 105 y4 105 V\ *105 Va 23% 23% 105% 105% 105 y4 10 24 y8 24% x23% 24% 23% 24 95 95% 95% 95% 96 39% 39 39% 108 ' 39% 39% 105 >94% 39% 108 95 *39' *105 108 *105 *105 23 *96 39% 108 2,100 1,200 40,300 106 300 23% 13,500 96% 1,300 900 39% *105 108 — 15% 15% 15 15 15% 15% 15 15 5,800 No par - 15 Va 63% 64 63% 64% 64 64 64% 64% 63% 63% il,700 *28% 28% 28% 28% 29 4 4 78 5y8 5% United *8% \'9% * Dye St Chemical Corp com_l 6 22 United Electric 5 United Engineering St Foundry preferred 100 Cos — 5 ..5 *67 Vb CO ev 69% 4 *78 5% *9 68 4 78% 5'A 9% 68 4 *78 5% *9 66% 28% 4 28% 3% 78 5% 5% -sfe *9'A 67% 29 4 77% 78% *66 V2 3% *78 5% 5y8 *9 9% .! *66% 68 29 800 3% 7,700 78% 100 5% 18,200 9% 68 90 ' 14 14 14 14% 14% 14% 14 13 Va 13% 13% 13% 13 13% 13 47% ' 14 13% 13% '2,200 13 * 13% 13% 3,400 r 45% Jan 4 49% Feb 1 United Fruit Mar 27 27% Jan 13 29% Feb 11 United Gas 10 28% 48% 29% 28% 29 y8 29 29% 28% 29% 28% 29 37% Feb 10 33% Jan 4 Feb 10 Urilted 34% 35% 351/2 35% 35% 36 35% 35% 33% 35% "1,509 3 11% Jan 12 12% Feb la United Gas Improvement Co—_13% Merch & Mfrs inc 1 11% 11% 11% 11% 11% 11% 11% 11% 12% 15,000 May 12 1% Jan 4 1% Jan 15 United Park 1% 1% 1% 1% 1% 11% 1% 1% 1% 1% 1% 6,200 5 56% Feb 11 56% 4,600 12 5 49% Jan 100% Jan 22% Jan 20 114% Jan 11 126 Jan 25 177 Jan 25 18% 56% Jan 20 58% Jan 15 2 % 13 Jufc 111 *90 13% Mar 14 65 Jan 101% Dec 23 14 31% Jan 120 9 15% Nov 27 22% 111 58% Jan 14 15 103% Oct . 93 42% 29 1 22 y8 111 *90% 41% No pat Coal 23,400 111 93 41% Cig-Whelan Stores com—30c $3.50 convertible preferred 100 United Corp (Del) 1 }*°lc/o 22% 22% 111% 1,000 5,300 147/s Jan 14% 11% Jan 15,600 10 13% Feb 13% Jan 2 72% •30 - 10 95 % Sep 22 Sep Corp 69% Jan 66% Feb 8 16% Feb 103 46 71% 106% United 5% Jan 29 10 9 Jan Co__ 103 89% 45% 72% 50 94% 64% Feb ; 22% 45% 72 Va 44% x39 y4 37% Jan *102% *90% 1,900 4,500 8% '105% No par : Carton 104 22% *111 12% 27% 8 y4 50 America—No par Board 111 12% 27% 8% 45% • 12% 28% 8% 100 common — & 118 series of 1952-100 Biscuit of '$4.50 preferred 0 44 Sep 28 23% July 22 30% Jun 17 11% Dec 29 Inc United 17% Jan >' Lines Air 5 preferred 15% Feb 11 30 72% Nov 13 convertible 14% Feb Jan Feb No par Aircraft Corp common United 8 5% Jan 29 15 159 preferred—50 Tank Car Co— 5% 11 Jan ■Jan 96 Jan 3% Feb 10 Jan - Feb 40 105 38% Jan 77% Feb 4% Jun 23 5% Feb 24 10% Sep 11 87% Jan 105 18 86 49 21 4% Feb "24 2 11% Dec 28 Jan 16% Mar 20 61% Jan 5 15 25% Sep 30 39% Dec 16 67 California noncumulatlve 4% 21% Dec 31 - series $4 of Union-Pacific RR Co common——50 , 12 104% Jan 111% 93 13 107 22% 110% 110% *90 45'A Jan 17 72 Va No par '53% Feb July 21 71% No par No par 4 Dec 45% 72% 22% No par 11 33% Sep 21 45% 72 Va series Feb 87 46 Va 73%: 22% series ' 46'A Mar 26 45l/e 72% 22% 45% series 45% Jan 100 Carbon $3.70 Preferred 10 38% Jan ' 4 115,% Jan- 5 23 12% 28 8% 46 $4.50 50% Dec'21 Sep 12% 28'% 8% $3.50 Preferred Feb" 10 44% Aug 13 31% Aiir 24 12% 28% 8% Preferred 6 87% Jan 102% Juh 12% 28% 8% Preferred 110 50% Jan 12% 28 VB 8% No par 10 Elec Co of Mo common 3 17 12% 28% 20 23% Feb 4 15 12% 28 8y8 Co 71% Feb '12 15 Sep Rubber 5 Bag & Paper Corp St 21% Jan 22 Jun .44% Jun ——1 No par mi ----- 8% Feb 9 92% JUn 100 - Corp ' 18 .78% Jun 90 (the) ;Udyllle Gorp '29% Jan 15 175 * 36% Nov 30 Jan Mar 16 35% Jan '23 68' Feb 9 175 ,'16% 8 4 36 $4.50 25% Feb 12 U Feb 12 U S Jan 8 U 1st (The)_l Machinery preferred 56 101 101 *23% 56% * com 20 124% 24% 124% 100 common preferred S Hoffman 4%% No par No par No par preferred Freight Co Gypsum Co 7% 20 28 No par : City Mines Co U S «fc Foreign Securities 102% Jan 25 Jan Co Corp 177% 179 —5 —100 ,18% 58 58 46% 56% *101 *23% 47% 56% 102 24% 124% 125 *177% 179 17% *56 17% 58 46% 56% *101 *24 123 *177% 17% i*56 47% ' 56% 102 179 18. 53 56 % *101'A 241/4 124 47% ; 47% 47% 56% 56 % 102 *1011% 24y4 49 24,100 16,600 102 10 25% 24% 24.% 123% 124% 1241% *177i/4 178% •*177i/4 178% 17 y8 17% 17 *56 17% 58 . *56 400 126 57% 4,000 : 2,300 30 23 26 The Commercial and Financial Chronicle .(734) ..-Monday, February 15, 1954 . A Continued—Pagt 12 NEW YORK STOCK RECORD "T Highest Lowest 13% Nov 7% Oct 34 Sep 57% Dec 23 22% Jan 22 22 14 11 8 Jan 40% Mar 17 64 7 16% Jan 25 Jan 12 8% Feb 5 36% Jan 4 39% Feb 3 15% Jan 8 26 Mar 6 60% Feb 3 59% Feb Oct 23 32% Feb 2 24 70 Oct 26 85% Jan 5 74% Nov 9 97% Apr 31% Jan 6 7 70% Jan 79% Jan 13 2 29% Jan 144% Mar 11 134% Jan 23% Aug 31 127% Sep 18 Jan U 9 U 28% Feb 11 22 12 Feb 9 86% Feb 3 11 32% Jan 27 6 147% Feb 9 42% Feb 9 77 37 Oct 6 67% Jan 2 37% Jan 4 54 Dec 31 66% Feb 2 54% Jan 13 60 Feb 5 11 42 Feb 1 135 15 Aug 31 17% Dec 10 35% Dec 4 6% Jan 144% Jan 28 3o 37% Feb 8 8% May 25 9% Mar 19 8 % Jan 27 United 6% Jan 7% Jan 18 United Stores 90 Mar 18 4 80 73% Jan Mar 19 Feb U 8 1% Jan 2% Feb 3 9 29% Jan 30% Jan 22 Sep 29 22% Jan 24% Jan 6 Jan 7 20% Jan 15 1% Nov 17 3% May 13 22% Jan 14 32% Dec 23% Dec 15 27 3 167 Feb 17 154 12 Jan 165 18 14 Feb 2 19% Dec 30 18% Jan 11 61 Jan 7 68% May 20 63% Jan 5 69 Feb 10 35% Dec 34% Feb 8 35% Jan 8% 4%% 30 % Jan 8 34 3 127 Apr 13 24% Apr 28 29 Nov 30 July 17 92 Mar 20 28% Feb 126 11 Feb 27% 77 *77% 79 *77% 86% *85% 87 321/4 31% 32% 313/4 32% 315/a 40% 147% 144 144 40% 41% 60 151 59 % 41% 41 41 42% 41% 60 *58 17% . 300 403% 43,700 151% 150% 151% 150 149% 149 Va 3,800 18 17% 18 36% 37% 37% 17% 18 37% 8% 8 8 8 8 *7% 7% 7% 7% 7 3/a 75/a •73/8 75/a 79% 79% 80 *78 13/4 1% 1% 1% 4,600 16% 16% 16% 163/4 200 1% 1% 1% 1% 1% 1% *l3/4 1% 1% 1% 500 1 *30% 30% *29'/a 30% 30% 30% 100 com_Nopar 24% 24% *24'% 24% 24% 24% 700 160 Inc com 160 160 19% 19%'. *29 24% 160 19% 157% of America—No par 19% 19% 193/a 19% 19% 19% 68% 68% 68% 68% 68% 683/4 683/4 210 34% 343/4 35 35 35% *34% 35% 2,200 39% 40% 39% 39% 39% 10,000 129 *126 129 •126 28% X313/4 28% 283/« 32% 32 3/a Va-Carolina Chemical 4 24 3/a Feb 1 130% Jan 13 29 Ve Feb 8 5 114% Nov 12 113% Jan 5 114% Jan 18 $5 100% Dec 24 100 Jan 5 102 Feb 11 $4.04 19 103% Feb 5 4 30 % Feb 11 4 28 Feb 9 653/4 Feb 2 25 % Jan —100 No par com preferred 28% 283/4 114% 114 *993/4 100 ♦103% 105 25 28% 29 Feb Dec 7 57% Jan 11 5 18 Mar 4 14 3/a Jan 4 16 Feb 1 Vulcan 22 20 Jan 15 273/4 Feb 10 29 Jan 4 7% 64 Jan 11 67% Jan 29 Wabash 12% Jan 11 12% Feb 12 Waldorf System 24% Jan 5 26% Feb 9 Jan 5 58% Jan 26 _25 *104 ♦114 *28 3/a 12% 34 126 126 28% 29 *91 23 3/a 3,600 2,900 6% 129 12% 30% 6 3/a 4,300 *126 ' 29% 23% 127% 28% 29 "15 29 3,100 *90 23% 127% 129 29 93 29 129 92 23% 23% *126% ' 127% 28% 11,000 ' 1,300 29 114 114 114 102 102 102 ♦101 •104 106 •104 106 30 30% 295/a 29% 27% 6,800 103% 105% *104 5,200 34 33% ♦126 114% *993/4 105% 33 3,000 r30% . 6 3/a 128 28% 102 preferred 30 23% 128 114 $4.20 dividend 64 Sep 14 29% 101 7 59 23 3/a 128% *993/4 5 Jun 223/4 28% 39% 13% *126 93% •91 125% 10o 28 27 23 92 29% preferred 14% Dec 25% Jan *114 *90 3/a 125% 2 8 3/a dividend 36% Mar 19 ♦124 100 _ 92 223/4 6% dlv partic 1 preferred 100 Virginia Elec & Power Co com—10 Virginia Ry Co common 6% preferred Vlsking Corp (The) 25% Dec *905/a 32% 193/a 293/a 6% 129 *125% Victor Chemical Works common—5 4 35% Feb 12% X29 127 11 100 34% *126 Jan 159 x68% 127% Jan 159 69 *126 preferred 161 34% 32% Co 24% 68% 127% Jan 31 161 . 34% 1 100 No par, — 30 Va 24% 161 31% 20 25% Dec •29 24% *125% 27 101% Jan 30% 2.50 123 79 13/4 173/4 com—100 noncumulative preferred—100 5% 1,900 240 1% preferred— & Light Co 3 % % 79 80 30 300 IK *163/4 Vick 8 30 ♦78 73/a 4,200 1% 11 8 100% Oct 8 6 3/a 25% Jan 3 18 37 *7% 17% 6% 27% Nov 17 Jun 17% *36% 1% 6% 130% Jan 92 80 18% 37% *15% 6% 23 July 20 17% ♦36% 1% 6% 11 *58 8 *36% 6 VH 11 92 149 *8 80 13,000 60% 40% - 37 7% 40 3/a 60 41 Vertlentes-Camaguey Sugar Co—6% 12 40 3/a 1,990 60 13% Jan 413/s 110 146 40 S/8 30% 29% Feb 145 20,600 41% 133/a 15 Jun 40 5% 147 1301 31% 60 30% 28 106 413/a 31% . 403% 20 Sep 16% Oct 146% 31% 86 17% Raalte Co Inc— 22% Jun 112 147 79 86 413/8 151% 1513% 146 30 % 90 5,900 28 77 86% 13% 4 28% 273/4 77 85% 40% 4 1,300 27% 13% Jan 89 60% 85% 29% 26% Jan 60% 77 *59% Vlcks Shreve & Pacific Ry 126 1,900 60% 27% 1 88 39% 1% Power Chemical 39% 85% 143% 100 Pictures Co 200 39% 76% 31% 9.100 8% 75 393/4 Mar 19 125% Jun 27% Shares 16% *73/4 27 % 29% Feb 31% Dec 29 128 28 3/8 16 8 85% 13% Jan 6 60% 40% Van May 29 60% 16% the Week *15% Van 10 23% Apr 60% 60% 13% 29 30% Feb 125 39% 29% 5 13 % Jan 7 4 39 % 60 Va 40 40% Feb 4 28 % Jan 5 % Jan 39 % 60% 10 13 113/a Jan 3?% Mar 25 6 39% 2.5o 36% Jan 17% Mar 23 8 10% Jan 39% pfd-5 Corp Tobacco Vanadium Corp Norman Co 15 22 29 39% 60% No par $4.20 noncu 2d Leaf Universal 11% Dec 5% Dec 39 5 100 preferred Utah 30% Sep 7 8 Wall Paper Inc Universal 27% Dec 45% Mar 23 16 8% preferred—25 1 Universal-Cyclops Steel 5 18 16% *8 convertible 4% 1 28% Jun 16 8% preferred—No par common—2 preferred 50 Universal American Corp 1 7 1% Jan 16 16% 8% Corp Stockyards United 7 17% Jan 29% Mar 12 16% 8% convertible $6 5 1% Jan Jan 31 16% *8% 1 100 100 common noncumulative 7% Feb. 12 -10 Tobacco Co common 18% Feb 26 Jan 31 Sep 11 11 Jan 7 Dec 155 8 17% Jan 1% Dec 15 151% Feb 4 35 39% Nov 22 72% Dec Jan 143 9 .21% Feb 26 2 6% Dec 44% Jan Jan Friday Fet >. 11 16% , Sales far Thorsday Feb. 10 ,20 1st noncum SALE PRICE8 Wednesday .1 preferred U S Smelting Ref <fc Min com—50 7% preferred 50 U S Steel Corp common No par 7% preferred 100 8% 1 39 33% Sep Co Rubber S Feb. 9 .10 commoi preferred— S Pipe & Foundry Co. S Playing Card Co. S Plywood Corp common 3%% preferred series A 3%% preferred series B U AND HIGH Tuesday Feb. 8 F«f 4%% U v* Monday STOCK YORK Co Lines U S '• LOW EXCHANGE Lowest , STOCKS NEW Range Since Jan. 1 Highest Year 1953 ■, - 4 Range for Previous 29% 29% 29 5/a 114 240 10 1,400 27% 28 28 27% 28 275/a 27% 273/4 64% 64% 65 65 64 64 62% 63 60% 61% *153/4 16 15% 16 153/4 153/4 *15% 16 16 16 500 20 *28 29 29 273/4 28 ♦28 29 *28 29 50 100 preferred 273/a 5 10 Detlnning Co common *67 67% 67% •66% 67% *66% . *28 3,500 : 8oo w 11% Dec 22 70% Mar 2 13% Mar 10 21% Nov 24 29% Jan 9 43% Jun 16 52 Dec 22 9 Feb 27 5 17 % Apr 16 13% Jan 19 24 18% Nov 20 33% Mar 19 Jan 4 25% Jan 11 30% Feb 12 Warren 37% May 14 31% Dec 30 4 30% Jan 30% Jan 12 34% Jan 27 Warren 31% Jan 11 Petroleum Corp Washington Gas Light Co—No 30 25% Jan 29 Feb 11 Wash 9 14 13 Sep 14 18% Dec 28 Sep 21% Sep 73% Oct 17% Nov 5 15 14 Sep 14% Jan 4 21 8 Ward Baking Co common 7 4 12 28% Sep 10 Walworth Co 3 56% 5% Jan 23% Sep Se/p 12 27 Feb 56 Va 14 15 1 1 May 12 Mar 16 17% Apr 9 24% Mar 23 13% Feb 25 17 104 5%% 14 Pictures Warner-Hudnut 1 Pipe 4 29% Jan 17% Feb 12 19 % Jan 20 West Indies Sugar 16 Dec 30 4 17% Jan 25 West Corp Kentucky Coal Co 9 28% Jan 37% Feb 16% Jan Jun 36% Jan 11 38% Feb West Penn No par 88% Jun 18 102 8-9% Jun 9 12% Nov 21% Nov 104 Sep 8% Sep 5 5 29 104% Jan Jan 13 99% Jan 15 16% Jan 15 25% Dec 21 109 Jan 5 8. West Feb 3 15 4.20% preferred 9 4.10% preferred 99 Jan 7 101% Jan 96 Jan 7 100 Feb 12% Jan 6 13 % Feb 12 23% Jan 106% Feb 4 29% Jan 29 4 108% Jan 11 8% Jan 4 10 15 57% Mar 11 46% Jan 4 14 32% Mar 25 23 Jan 20 Sep 11 26% Jan 4%% Jan 2 63% Mar 25 45% Feb 8 53% Jan 19 46% Sep 14 67% Mar 16 52% Feb 1 58% Jan 6 99 % Sep 2 48% Aug 13 29% May 18 52% Dec 3 96% Jan 11 99% Feb 8 40% Jan 18 43% Feb 4 22% Jan 4 25% Jo.n 27 50% Jan 4 57% Feb 12 99% Jan 99 4 90 May 14 37% Feb 18 22% Dec 30 39% Sep 15 91 % Jun 1 16% Jun 126 10 Jan 14 12 22 May 4 127 Mar Jan Jan 19 % Jan . 102 Feb 29 22% Jan 15 30% Jan 11 34% 14 86% Mar 24 82 % Jan 4 87 Feb 30 26 5 27% Feb 3.80% 29% Jan 4 4% Dec 15 30% Dec 21 20 12% Jan 21% Dec 15 18% Sep 11% Feb 11 32% Apr 13 30% May 27 17 7% Sep 21 63% Oct 5 8% Nov 16% Oct 8 15 11% Mar 26 10 36 Sep 21 42% Dec 22 26 Sep 15 75 Sep 10 101 Sep 14 71% May 12 6% Dec 31 31 Sep 14 16% Sep 15 47 Mar 19 82 Dec 11% Mar 17 39% Apr 23.% Apr 53% Mar 9 20% Dec 31 34% Jan 34 Sep 14 47% Jan 11 Dec 31 16% Jan 29 3% Oct 28 x 84 Woodward Woolworth 30% Jan '77% Jan 4 34% Jan 20 Worthington Corp 4 82% Jan 28 / 7 Jan 20 83% Feb 8 Jan 22 7% Feb 6% 126 121 1 37 1 21% Jan 24%' Feb 8 52% Feb 54% Feb 8 20% Jan 24 % Jan 21 5 38 42% Jan 29 2 11% Jan Jan 39% Jan Jan 13 Feb 25 4 23% 23% 23% 45% 46 46% 46% 543/4 54% 54% 543/4 99 99' 983/4 99 99% 99 423'4 41% 42% 25 25% 24% 25% 56 % 563/4 55% 563% 20 102 *101 20 20% *126% 27% I 5% 27% 5% 27 48 48% 1,300 23% 23% 23% 8,000 46% *45% 46% 1,200 54% 55% 8,500 99% 1,300 48 ♦98 993/4 41% 42 41% 41% 413/a 41% 25 25% 25% 253% 25% 25% 7,200 55% 56% 55% 563% 56 V* 57% 35,100 101 % 1013/4 101% 101 % *101 VA 102% 20% * 20% 20% 20% *126% *126% 33% 20 Co 21 % '27 33% 33% 33 Va 86% 87 27 *27 3,200 87 520 27% 27% 27% 27% 27% 27% 600 27% 5,200 5% 2,500 5% 5% 22% 22% 23 23% 23% 23% 23% 235/a 23% 23% 23% 23% 23% 23% 14% 14% *14% 143/4 *14% 143/4 14% 14% 14% 14% 9 5% 53/4 1 5% 8% 8 5/a 8% 8% *71% 71% 71 % 71% *70% 8% 11% 11% 115/a 11% 33% 33% 33% 32% 33 32 323% 31% 31% 31% 315/a 32 31% 31 % *137% 141 137 137 12 19% 19% 19% 19% 19% 11% 43% 43% 43% 43% 433/4 44 *137 ¥2 44% 34 - 193/a 43% 34% 44% 443/a 44% 443/a 33% 34 33% 34% 100 *81% 82% 82 Va 82% 100 121 23 38% 39% 400 1,100 *70% 8% 72 700. 7,200 "100 6% 38% 12 12 *32 31% 12 1,800 32% 800 31% 2,700 " 137 10 10 24 * 11% 137 8% 72 31% . 5% *23 ' 8 5/a 71% 5% 33% Corp common 1 4%% convertible preferred 50 Young (L A) Spring & Wire.No par Youngstown Sheet «fc Tube No par Youngstown Steel Door 600 *' 24 *23 No par Yale & Towne Mfg Co 100 20 * 86 ' 10 common 10,600 *126% 23% York *In recelvcrEWp' or 2,500 1 Corp 50 9% 9% 9% lo com 8,300 109 23% 20 6% Products 20% *126% 6% Radio 101% *99 28% 28% *108 55% 5 Zonite ' 23% 54% Wyandotte Worsted Co Zenith ^ °D 23% 45% 55% 83 3 2,500 45% 8334 26 13 Va 13 13 28% 108 23% *124 5% Feb 130 55 122 % 67% Jan 103 102% 45'% 82% 4 % Jan 28% 108 80 *101 *101 23% No par 63% Jan 13 28% 108 1,400 109 103 47% 42% 4,000 10,400j 102% 47% Wrigley (Wm) Jr (Del) 6 13 . 47% 8% Prior preferred 4%% series Prior pfd 4%% conv series 13 13 28% 108 . *101 *101 48% *71% Co (F W) Jan 13 29 108 103 100 X48% ig Service lit 21 12 12% 28 % *107 . 48% 100 44% Feb 9 13 preferred Wisconsin Public 45 % Jan Jan *108% 48% No par 6% 4 Jan 108% 9% No par . Grocery Co 14 77 108% 1 common preferred Wilson-Jones. Co— 5% Apr Ex^^idendaS^y 10 Inc $4.25 Jan 116 1083/4 5 Winn 86 17 37% 9% l Wisconsin Elec Power Co 35% Mar 17 17 37% 9% *101% 17% 17 38% 33% 10 130% Mar 16 17% 16% 37% 27% Co Iron 12% 29 108 17% ."•'17% 350 ' 16%: 86% 27 43 101% 18% 38% 86 Feb 39% Jan 17% 16% 38% 27 Jan 2 \ / 33% 32 30 » 21 Va 34 Jan 18% 17 38% 33% 7 Jan 16% 38% 86% 6 53 18% . 27% 10% 31% Jan 48 82% 33% 28% Jan 26 82% 86 % 29% Oct 19 % Jan 83 27% Willys-Overland Motors Inc 8 82% 86% 4 18% Jan 82% 34% 16% Jan 19% Dec 22 82% 81% 27% White Sewing Machine common Prior preference „ 3,400 33% 29 21 300 26% 9% 100 14% Ja» Jan 123% 26% 9% 12.50 Wilcox 137 *12% 26% 9% 100 5- 21 12% 26% 85% 35% Dec 16 Jun 62% Dec B 18 Jan *12% 10 13 137 12% 263/4 No par 11 2 12% 26% preference—No par (The S S) 20 Feb Jan X81 1,000 12% 26% 9% 12% Jan Lovett 26% lo series 9% Jan 135 28% *107 100 Jan & *12 lo A 12 5 12% 82% 12% 5 Co 72% Jan 6 1,500 10% l 5 17 20% 10% 100 12 24% Jun 16% Jun series Co *20% 10% *101 6 & 20% 10% 100 24% Feb Wilson 20% 11 103 26 5 203/4 *10% 100 9 29 203/4 11 *101 4 8% Feb 203/4 *10% 103 4 70 20% 11% ♦101 Supply prior Oil 20% 100 22% Feb Jan 1,000 100 21% Jan 5 21,600 14% series O Dental Mfg Motor Co White 28% *14% *108% 22 24 % Jan 24 11 28 5/a 143/a 108% Jan 13% Jan Apr Jan 29 14% *108% Jan 74% Mar lo 15 5 126 27 28% 14% series B preferred conv 283/4 109 5 30% 14 % 109 100 303/4 28% 27% *99% 30% 14% 100 Elec Inst Corp Wheeling <fc Lake Erie Ry Wheeling Steel Corp com $5 30 28% 38% Weston White 30 28% 16% Westlnghouse Air Brake Westinghouse Electric com 8 Jan Auto Preferred 12 14 Sep 700 30 *14% 18% Western Union Telegraph Jan~29 Oct 24% Dec 23 3,300 16% Western Maryland Ry common—10o 4% noncum 2nd preferred 100 i Pacific RR com No par 7 80 8 33 31% 18 Western 4 30% Sep Jan 1,100 32 3/a 31"% 38% preferred Western 4 40% Mar 17 30% 335/a 313/4 1 pfd 3,300 18% 18% 32% 81% . 18% 313/4 I Western Air Lines Inc 19 45 l 18% 32% 4 West Virginia Coal & Coke Va Pulp & Paper com 29 43% Sep Penn 18% 313/4 No par West 49% Jan 26 12% Jan Power 4%% 109 18 " Electric, Co 4 8 15 18 32% 26% I 18% 1,600 313/4 *12 preferred 8,900 33% 5 convertible 190 14% 14 14% 313/4 11 $4 7,800 *29 % 20% 2.50 14% 7 24% 104% *31% 1 com 6% 24 3/« *103% X323/4 5 Snowdrift 14% 6 5/8 24 3/a 104 29% Wayne Pump Co— Webster Investment Co 6% 24% 104 700 333/4 8 Knitting Mills 6% 24% 104 200 313/4 ' 11 % Feb 32 107% Jan 33% *31% 5 H 17 29% 3 par 9% J an & 6% 24% 67% "* 14% 77% 98% Jun 17% No par 14 28 Oil 6% 14 14% Wesson 8,400 14% 27% 5 57 % 6% 14% 17% 5 25 563/4 13% No par Feb 57 104 Power 27% Feb 56% 241/4 Wayne 12% Jan 57 57 103 Va Waukesha Motor Co 83 563/4 24% 9 4 1,800 103 Va 11 5 26 6% 14% Feb 5 123/4 26 24 3/a 20% Feb Jan 123/4 26 103% 4 10% Jan 12% 253/4 24% 5 24% Jan 12% 26% 1023/4 Jan 12% Mar 27 123/4 *25% 5 Inc Inc Foundry & Water *12% 1 19% Jan 13% 28% Feb 84% Feb Bros 6% *66% 12% 26% 12 100 preferred Warner 18% Jaw 22 2.50 67 5/a 563/4 12% 26 21% Jan 11% Sep 14% Apr 24 Feb 24% Jan 12% 253/4 No par (Hiram) G & W 67 X253/4 No par 10 . 100 % Jan 25 105 Jun Walker preferred Co 4 2 15 29 Walgreen 4% 7# Feb Dec 29 Sep 18% Jan 98 51 RR 125 *81% 125 83% 7 82% 6% 38% 38 82% 7 38% *137% 141 50 19% 19% 19% 19% 2,800 44 44% 44% 44 VA 1,800 43% 34 " * 44 43% 43% 11,400 34% 34 34% 7,600 *81% 82% 125 141 82% *81% 125% 126% 81% 81% 7 38% 73% 38% 125% 82% 125% 81 81 7% 7% 10 190 700 8,400 38% 3,100 23% 24% 24% 24% 24% 24% 23 Va 24 23% 23% 30,700 53% 54% 54% 5434 54% 54% 53% 54 53 ',4 53% 3,100 21% 21% 21% 22 22 5 B 21% 38% 21 21 20% 21 2,900 X405/a 41 40% 41 40% 41 40% 40% 40% 40% 5,600 No par 12% 13 13 13 12% 13 12% 13 13 13 2,500 par 65% 65% 65% 65% 65% 69% 65% 65% 65% 65% 1,600 1 4% 4% 4% 4% 4% 4% 4% 4% 2,800 Corp Corp has been f,led *or o ^ company 'a reorganization, 4% ^ o 4% ^ ^ a Deferred delivery. rCash sales, wd When distributed. f Number 5299 Volume 179 .. The Commercial and Finandal Chronicle . (735) ktA4tH wxtntumnstMtc Bond New Tovk Stock «» FRIDAY The italic letter* Figures after decimal point represent • one or Exchange the case month when 32nds of more the bonds mature. point a wE LOW GOVERNMENT BOND8 Range for Previous Year 1953 Lowest NEW Range since Jan. 1 " Lowest Highest I - Highest - _ YORK Monday STOCK EXCHANGE Low 1961 Treasury 2Vis Treasury 2%s Treasury 2V2s 4 .1978-1983 Treasury 2Vis 104.16 Dec Treasury 3 Vis Treasury 2T/as Treasury 2Vis 94.8 95.20 Mar 25 94.8 Mar 25 Oct~23 Oct~23 95.20 99-14 Oct 23 23 — — ! 94.16 Jan 2 *102.6 102.10 *102.6 102.10 104.16 *104.8 104:16 *104.8 104.16 *102.24 102.30 *102.24 102.28 *102.24 102.28 *102.24 102.28 *102.24 102.28 ♦106.4 106.12 ♦106.4 106.12 *106.4 106.12 *106.4 106.12 *106.4 106.12 *108.4 108.12 *108.4 ,108.12 *108,4 108.12 ♦108.4 108.12 *108.4 ♦102.6 102.10 *102.4 102.8 *102.4 102.8 *102.4 102.8 *102.4 102.3 1958 *102.12 102.16 *102.10 102.14 *102.12 102.16 *102.15 102.19 *102.12 102.18 •100.25 100.28 *100.25 100.28 *100.24 100.27 *100.25 100.28 *100.24 100.27 *100.8 100.14 *100.4 100.10 *100.4- 100.10 *100.4- 100.10 10/ 108.12 *99.22 99.28 *99.22 99.28 *99.20 99.26 *90.22 99.28 2%s 2Vis 2Vis 2Vis 2Vis *99.16 99,24 *99.12 99.18 *99.10 99.16 *99.8 99.14 ♦99.10 99.16 -Dec 1964-1969 *99.14' 99.20 *99.10 99.16 *99.8 99.14 *99.6 9J.12 *99.8 1965-1970 *99.10 99.16 *99.8 99.14 99.12 *99.2 99.8 *99.6 99.12 1966-1971 *99.2 99.8 *99 99.6 *98.28 99.2 *98.26 99 *98.28 99.2 •98.22 98.28 *98.18 98.24 *98.16 98.22 •98.14 98.20 *98.16 98.22 ; June 1967-1972 2Vis .Sept 1967-1972 2 Vis -Dec 1967-1972 *98.22 1957-1959 *101.26 102 ♦101.22 -June 15 2%s *98.24 1958 *9B.24r" 98*.30 ♦98.22 98.30 *98.18 98.28 98.22 *101.26 102 *98:10 98.28 *98.16 98.24 *101.26 98.24 ♦98.14 *98.22 98.20 102 *101.28 98.28 *98.16 102.2 98.22 *101.26 102 101.26 *101.20 101.26 *101.24 101.23 *101.22 101.26 1954-1955 *100.16 100.19 *100.16 100.19 •100.16 100.19 *100.16 100.19 *100.16 100.19 .—1954-1956 *100.17 100.20 *100.17 100.20 *100.17 100.20 *100.17 100.20 *100.17 100.20 1956-1959 ♦101.12 101.16 *101.11 101.15 *101.12 101.16 *101.12 101.16 *101.12 101.16 June 1959-1962 ♦99.22 99.26 *99.26 99.30 *99.22 99.26 *99.26 99.30 *99.22 Dec 1959-1962 *99.24 99.28 *99.22 99.26 *99.22 99.26 *99.24 99.28 *99.22 99.26 1954 ♦100.15 100.17 *100.15 100.17 *100.15 100.17 *100.14 100.16 *100.15 100.17 Dec 1954 *100.24 100.26 *100.24 100.26 *100.23 100.25 *100.23 100.25 *100.23 100.25 Dec 1954-195# •100.28 101 *100.26 100.30 *100.24 100.28 *100.25 100.29 *100.24 100.28 2Vis 2 Vis— June 94.8 Jan 93.8 Jan 4 4 94.24 Jan 6 100.4 Feb 11 July 2 98 Dec 1 2 101 Feb 2 101 Oct 26 101.24 Feb 1 101.24 Feb 1 4 101.16 Jan 13 102 Feb 2 101.20 Feb 1 lOi.20Feb 1 25-year 3s July 15 1972 4 25-year 3s Mar 11976 ♦95.25 Oct 11981 99.8 3-year 96.24 96.24 *96.16 97 *96.16 96.16 *95.25 96.16 *96 99.8 *98.24 99.16 *99.8 97.2 *96.16 96.24 100 *96.16 97.8 97.2 97 100 *96 97 15,000 96.24 100.4 *99.8 100 10,000 May 15 1975 •100.16 101 *100.16 101 *100.16 101 *100.24 101.8 *100.16 101 Oct 15 1971 •101.24 102.8 *101.24 102.8 *102.8 102.20 *102.8 102.20 *102.8 102.20 3s Oct 3Vis 15-year 99.26 i 23-year 3%s 19-year 3 Vis 100.24 Nov *101.22 101.24 Development 30-year 3Vis 95 & 11 Serial 99.14 ' 2%s July 20 * *106.26 99.30 Nov 30 102.10 *104.8 100:20 94 97.16 May 12 lUb.^8 *102.6 104.16 *99.24 96 100.16 Nov *106.22 102.12 *104.8 *100.14 16 Feb *106^28 1U7 *102.8 104.16 1963-1968 15 Feb Bonds <•> 1962-1967 Jun 97.2 the Week High .June 1964-1969 91.25 Apr " 95.24 Feb Low 1961 2%s 92 101 7 Feb. 13 High 102.12 i w Reconstruction 17 Baleefev Friday Feb. 11 101.6 -Dec 15 International Bank for 90.16 Jun Thursday Lew High 107.2 1956-1958 Treasury 2s Treasury 2s Treasury 2s — ♦104.8 Low High *106.28 1960-1965 Treasury 2Vis Treasury 2 Vis Treasury 2 Vis — *102.8 PRICES .., 2'%s ♦Treasury 99.14 Oct Low SALB Feb. 10 1958-1963 Treasury 2 '% s Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury (Treasury 1955-1960 1956-1959 HIGH Wednesday Feb. 9 - High ♦107 AND Tuesday Feb. 8 Treasury 2Vis 99.24 May 12 bonds 1 1956 *101.28 102.8 *101.28 102.8 *102 102.12 *102 102.12 *102 102.12 11969 Jan of . •101.28 102.8 •101.28 102.8 *102.12 102.24 *102.12 102.24 *102.12 102.24 100.8 *99.16 100,8 *99.16 1950 — 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 *06.16 98.16 2s — 2s — __ — due Feb 15 1957 *95.16 97.16 *95.16 97.16 *95.16 97.16 95.16 97.16 *95.16 97.16 96.16 100.8 *99.16 100.8 *99.16 100.8 99 2s price. No sales transacted this day. (Both issues being *94.16 96.16 *94.16 96.16 *94.16 96.16 *94.16 96.16 *94.16 15 1959 *93sl6 95.16 *93.16 95.16 *93.16 95.16 ♦93.16 95.16 *93.16 95.16 15 1960 *92.16 94.16 *92.16 94.16 *92.16 94.16 *92.16 94.16 *92.16 94.16 due Feb 15 1961 *91 93 *91 93 *91 93 *91 93 *91 93 2s asked 1958 Feb due Feb 2s and 15 due 2s •Bid due Feb 2s due Feb 15 1962 ♦89.16 91.16 *89.16 91.16 ♦89.16 91.16 *89.16 91.16 *89.16 91.16 called for redemption RANGE Friday BONDS Interest Last Period New York Stock Exchange Sale Price Week's or New Unification Transit 3% FOR June on WEEK 15 at ENDED 100. transactions, lot High Jan. 1 1980 r Registered bond No. Low High Brai h transactions. Week's Range Interest Last Period BONDS Sale Price New York Stock Exchange or 61 102} J 103 95% 102 y8 Low (continued)— June-Dec *78 81 June-Dec *78 ¥2 88 78 ¥2 78'% June-Dec *76 82 79 80 79 — 3%s series No. 22 June-Dec *88 June-Dec *76 78% June-Dec *76 87% 25 June-Dec *80 3%s series No. 26 June-Dec June-Dec *81 3%s series No. 28 82 88 -June-Dec *78 3%s series No. 29 June-Dec *78 3%8 series No. 30 June-Dec *78% 103 * 103% 82 ?. i Brisbane Talatypm Now York Stock Exchange Broadway, New York Canada NY t-1693 IA 7s , sinking IA External sinking fund 7s ser B 1945 lAExternal sinking fund 7s ser C 1946 lAExternal sinking fund 7s ser D 1945 1 01 0 75 75 *73 % *73 ¥2 75 71 Jan-July 71 ser 1957-Aprll-Oci 74 ¥2 75 2 2nd oer 75 1 75 75-., 3rd ser 1957_April-Oci 1957_April-Ocl 75 7s 75 1 75 75 43% 47 ¥2 Extl 105% AChlle June-Dec 105% 105% 2 105 52 101 23 100% 100% 101 % Feb-Aug 101 ¥a 101 ¥2 100% 101 Jan-July 1956 37 75 100 . 101% Jane-Dec 3'/as 1967 June-Dec 98% 98% 98% 29 97 98% 20-year 15-year 3%s 1966 June-Dec 98% 98% 98% 34 97 98% 3%s 1962 Feb-Auk 98% 98 ¥2 98% 40 97 99% 2 108 109 ¥4 (Kingdom (U 8 of) Stamped reduced AExternal to s Stamped to s f A 1957 95 ¥2 3.5%) of AChlnese 92 93 3 92 93 Colombia A 6s A to 3.375%) No. April-Oct 3Vis series No. 2 3 Vis 60 ¥. *94 ¥2 A of 61 59 ¥2 A6s 93 3s ext 60'/» (interest (Plan B) 1962 1962 Municipal 7s I960 1960 1927 Jan *60 ¥4 59 ¥. 61 63% 78% 38'% 63% Afay-Nov Afay-Nov 77% 77% 77% 3 June-Dec 77 ¥» 77 ¥4 76% 4 June-Dec 77% 77% 77% 5 June-Dec •77% 80 77 Vm 63% *38 ¥2 Mar-Sept —Mar-Sept Jan-July FOREIGN *63% *38'% 24. 9% 8 105 55% 105 105 5 105 55% 53% 16 55% SECURITIES 7 June-Dec *85 ¥2 3Vis series No. 8 June-Dec *76 3 Vis series 9 June-Dec *87 ¥4 87 ¥4 87 ¥4 93 93 80 FIRM TRADING MARKETS 77% 3Vis series No. 80 No. : 3Vis series No- 10 June-Dec 11 June-Dec •78 3Vis series No. 12 June-Dec •78 3Vis series No. 13 June-Dec 77 ¥2 78 r.ARL MARKS & 80% *91 3Vis series No. QO. INC FOREIGN SECURITIES SPECIALISTS *85 3Vis series No. 14- 3Vis series No. 3Vis series No. For footnotes 82 50 Broad St, New York 4, N. Y. Teletype NY 1-971 Telephone HAnover 2-005* June-Dec 76 ¥4 15 June-Dec ♦78 ¥2 82 78 ¥2 78'% 16- June-Dec *76 82 73'% 78 ¥2- see - page 76 ¥4 76 82 31. i ■A.'t-u. 3 i - . * 4- 3! ' . . JTWr 134» JS» * : e- {•' a t » * * a -t* ' o: Ak 5 C.l i * **■ ■* a : 1.1.:? .5 «,«». » 34 K 1r* 9% *63% 77% June-Dec series No. 38 ¥2 6% *38 ¥2 ♦38% April-Ocl 1961 79% 63 % *63% April-Oct For Financial Institution* 60 ¥2 79 ¥2 79 63'% 39% *38% June-Dec 1951 1D61 Oct 61 ¥2 3Vis series No. »% fund 6s 46 33 *63% lApril-Od 1961 ¥2 36% 63 38% June-Dec 1961 63% 40'% ; 63% *38 ¥2 38% June-Dec 6s 40 62% 63% — June-Dec 63% 39'% *63% June-Dec sinking fund dollar bonds 1970—April-Oct * ' Aprll-Ocf 40 ¥2 63 3% *38 ¥2 June-Dec (Hukuang Ry) 5s (Republic of)— 1928 *63% — 61 ¥3 63% *38 ¥2 60% 61 60% 61 92 2 3Vis series No. . of *63% Mar-Sept April-Oct April-Ocf June-Dec fund 38% 38% 1951 1979„ 1944 61 10 ¥2 40 (interest June-Dec 1 1993 1961 sinking Oonsol 60% 60% 3s 1961 sinking assented 59% 93 63 62 Vi 63% 63% *63% 38¥2 May-Nov Afay-Nov 1957 6%s fund assented AChllean 2 60 due Plan A6s 95'% 60% 92 assented AGuaranteed 93 Aprll-Ocf bonds $ assented 60% Aprtl-Oct 1978 1931 to 95 ¥2 A8s 60% Jane-Dec Plan 1 1963 6s Mortgage Bank 6¥a» 1957 A 7s April -Oct (interest 1979 to 95 ¥2 A 1952 bonds 108 108 June-Dcv fund AGuaranteed (interest 1979 Plan External dollar bonds of 3 %s series Jane-Dec fund 1963 A6%s assented Interest June-Dec Plan to pursuant reduced to to 3.375%) to funding A 1926 due 3.375%) pursuant reduced 1955 6»%s of 1927 due 1957 (Central Ry) Stamped 7s Plan 1978- pursuant reduced Stamped 8% 3.5% pursuant Stamped IA7s extl to f 6'/as of reduced AExternal of) external 8s Hmu— pursuant sink A8 ¥2s 101 1961 1962 sinking assented ASlnklng 10-year 3 Vis 1957 Belgium • 1901_ Sept 1961 sinking fund 6s 1962— assented A0S 20-year lABrazll A66 AExternal 101 99% fund 6s Feb Feb assented AExternal 7s 3¥tS assented A 6s 73'%. fd 10-year *63% 97'% 47 40 fd 31 44 *38% May-Woo April-Oct 97% 94% 5 41 sink 47 ¥2 20 47 38 ¥2 sink 46% 97% 47 40 sec 46% 97% 47 103 % 38 ¥2 sec Jan-July 94% 62 % sinking fund 7s 1st 20-year 3s s f $ bonds 1978. Antwerp (City) external 5s 1958 Australia (Commonwealth) 5s 1955 15 *38% AExternal .74% 44% 102 ¥2 9 7 ¥4 •63% AExternal ~ 12 18 97% *38 ¥2 AExternal 75 103'% 103 >/4 103% 46% Jan-juiy 19603- 103% 102% Feb-Aug 71 .. 6s 47' 46% 79 102 ¥2 3 Feb-Aug ARy external sinking fund 6s Jan 1961—Jan-July A6« assented Jan 1961 Jan-July AExternal sinking fund 6s Sept 1961—Mar-Sept 100'% 75 Jan-July fund 79 17 103;-' April-Oct A«A *73 ya Jan-July 1661 1960 AExternal sinking *92% *99 ¥2 3¥4S 1942 sinking assented A6s *92% sinking fund fis 1948L—.April-Oct (Kingdom of Norway) 4s 1968 Jfar-Sep lAAntloquia (Dept) collateral 7s A 1945 Jan-July assented AExternal Agricultural Mortgage Bank t AGua ranteed of) (Dominion 25-year 2%s 1974 M ar-Sepf 26-year 2%s 1975 Mar-Sept Cauca Val (Dept of) 30-yr 3s a f $ bds 1978-Jan-Juiy IA Chile (Republic) external s 1 7s 1942 May-Noo 1 Akershua 103 - Foreign Government a*f Municipal I AGuaranteed (City) '• f ' . sinking fund 5s 1957 Mar-Sept Sinking fund gold 5s 1958— F"b-Aug Cald&s (Dept of) 30-yr 3s s 1 ) bonds 1978_Jan-Ja(y Wertheim & Co. 82 ■ ' , 89 80 *78 ¥2 3Vis series No. 27 ✓ 79 % 81 3%s series No. Foreign Securities 79 *92 June-Dec 21_. ¥2 3Vis series No. 24 (Columbia)— fund 6s 1947 JPeb-Aufl High 82 3Vis series No. 120 Low *76 3%s series No. 23__ Members Jan. 1 No. June-Dec 3%s series No. 20 1 Tolmphono Range Since Sold High 17 3%s series No. 19 4 REctor 2-2300 Bonds Friday's Bid & Asked 3%s series No. 18 Issue— 102 % sale, 12 Range Since Sold 3%s series No. June-Dec Cash e Friday Bonds York City Corporate Stock Odd a FEBRUARY Range Friday's Bid A Asked Low j 27 i, YEARLY - "Intereet Period" indicate In each the column headed In WEEKLY - «,#* t t Gtf, *>" s.'> :3 ;r/ 1 V 3- • , 'v;■ 105 l 55% 28 (736) The Commercial and Financial Chronicle - . . Monday, February 15 . 1954 NEW YORK BOND RECORD RANGE Interest Feriod BONDS New York Slock Exchange or Last Friday's April-Oct May-Wov .Feb-Aug 1947 of 1920 due 1946 of 1927 due 1947 Mortgage Bank 6'%s fASinking fund 7s fASinking fund 7s lACopenhagcn (City) 5s 1952 June-Dec 25-year gold 4%s 1953 : May-Nov lACosta Rica (Republic of) 7s 1951—-—May -Nov Cuba (Republic of) 4%s external 1977.—_Juae-Dec Cundinamarea (Dept of) BONDS Jan. J No. High Low New York Stock jlu6? 1— 160% 15 100% 4 100% 100% 48% 41 44 % 153 112% 10 47 44% 1 39 102% 104% 104 100 & 4 100 A of) or 100 (State 1936 100% of) High *93% 92% — — 93% (interest 2012 *51 — 60 __ — May-Wow pursuant reduced 8A8s external Low "50 — 5." — 51 51 70 - 73% — stamped (Interest 104% 2% ) Jan. 1 No. May-NoY A to to Range Since Sold June-Dec —April-Oct Plan to pursuant Bonds High A (City of) 6%s 1952 (City) 8s 1952—^ Paulo 8b 39% 100% Friday's Bid &, Asked fContinucd) 2.375%) 2001 —May-Wow A6V2s extl secured sinking fund 1957—Map-Nov Stamped pursuant to Plan A (interest 47% 39 40 Sale Price Paulo reduced Ban 39 (State pursuant to Plan reduced to 2.25%) 2004 reduced to —April-Ocf Sul stamped Stamped 114 % 47% SASao 48'% 112% 113% 112% lARome 100% 100 % 100'% (State) — April-Oct do (lnteresr. 46 Last Period Low Grande — .» 100 % Week's Range Interest Exchange- High Rio — 1978——Jan-July Stamped assented (interest reduced 6%) extended to I960— Denmark (Kingdom of) exti 4'%s 1962 13 Range Since Sold — 30-year 3s sinking fund $ bonds Czechoslovakia ENDED FEBRUARY Friday Bonds Bid & Asked Sale Price Low lAColombia WEEK FOR Week's Range Friday to Plan to 2.5%) A 1999 1 - • . " : Jan-July 1950 *67% 70 *81 ..Jan-July . — —- Salvador El extl 4s (Republic dollar f s of)— bonds Stamped , Jan 83 Jan-July 1976. 1 *65% 3%s extl s f dollar bonds Jan 1 1976^.—Jan-July 3s extl s f dollar bonds Jan 1 1976 Jan-July (Renublic AEslonia (Federal German External dollar 5%S dollar 3s Prussian bonds bonds 5s dollar 3s dollar 7s gold 1969 Apr-Oct —June-Dec 1980— 1972 June-Dec 1949 April-Ocf _ German Govt International 5%S loan §A7s 1930 (Young loan)— 1965 June-Dec due 7s §A6'/zs 1st 6%s due & to 1950 extended 30-year cxt s f 3s —May-Wow gtd ext 6'/zs . 6V2S due A due loan AMedellin f s $ 62 45 55 91 195 CO 91 78% 80% 148 76% 03 na\/, '158 *99 — 3/ 49% 32% 45% 97 /s 97 158 Tokyo 99% 51% 52% (55 53 __Feb-Aug 88% 129 °2 2j June-Dec 11)78 2 149% 149% noi'/8 ®°/2 -- 1957—AwriZ-Oct 7a • 95% ANew assented ASmall Mexico 11 89 IA5s or 129 .. 118 80'% 43 19% 4^3/, 3d 46% — —' 73% 44% 47 I 1968—Jan-July 9% ttgreem'l.) A5s assented new A Small (1942 A4s of due A4s IA 4s of June-Dec —— assented 1910 ment) (1942 agree't) (assented 1945 — to _9% 1968—Jan-July 1922 (1942 agree't) 6s or 1913 a6s (assented to *15% IAMllan Minas agree't) (City Stamped lo Hetherlands 4s 2.125%) sinking to sinking sinking A Mar.-Sept 1959„Mar-Sept A 3%s 4%s 11)57-: extl due 8%s Oslo loan loan 1958 (City) Stamped pursuant reduced to (Republic ANat loan extl ANat loan extl lAPoland to r s a assented 8a. Alegre 1961 stamped (Interest I960 stamped (interest-reduced Prussia (Free 6%s s f 5s f State gold s gold I a Rio de Janeiro to IAExternal 7s to to A7a external to For Plan 6'%s 2%) 81% 118% 120 % 23 70% 73 V% 1 73% — 100% 101 % -- — to 1 57% 6 57% 55% 58 10 ' *12 ~~ 11% *14 ll7/a — 15 8 to 11% 11% 12 15 17 8 12 40 15 6 10% 15 12 38 8% 12 CO 00 April-Ocf (interest _ April-Ocf I Feb-Aug (interest" 1953 A Feb-Ano —. 2.5%) 1946 *37% 40 __ — — 2%) 1926 to 31. *55'% 67% 70'% 63 70% 56% -- 1966 A Atlantic 3Vis 56% 34 *49% 34 Refining 2%s debentures 1 33% — 34 & Ohio 32% 6 31 32'% —— I __ -- 45 56 % "l 56% and 38 *56% June-Dec *36% '38 2 37'/a and Series A series July 1975 (4% fixed 3 7« — 37 37 95 % 161 77% 81 429 62 % 66'% 91% 95% 73' 95% 28 97% 97 93% 97% 92% 99 87% 92 7% 115% 193 111% 115% 95"% 26 92% 95 Ta 98 91% 114 6 93 98 105% 105% 46 104'/a 98% 30 95% 105% 98 % 120% 121% 22 118 121% 35 119% 123% 1,925 118% 123% 123% 100% 101 59 99% 68 96 7 100% 101 67 98% 93 15 101'% 102% 101 • a 92% 83 83 73%. ' — - 102 % 102%.'. 92% 101 *101'% 103% 25 80 102'% 101 % 101 96 101 83 -- 2 101 102 Va 120 120% 108 120 108 43 117 120'% *102 103 V2 11 101% 101% 1 107 Vz , *104'/« *99 Va 111% 114 101 2 102 106% 108% 101% 101Tb 103% 104 % — 96 — 103% 99 104 % 103% 104 V'a 29 96 96% 40 93% 90 % 101 104 1,975 April-Oct 5% 101% 70 99% 101% (2% June-Dec- 1995 1 1 due -March M B'westem due Dec Bell mtge div first Feb 1980 A mortgage Pa Industrial Loan series 5s Loan Corp 2,/as 4V4s 77% 75% 77% 88 »4 89 % 21 86% 89% 68 7 69% 194 66% 69% 95% 9 94% 95% 82% 84 81 83 7s 69 s ser A 114 33% D 83" 109 83% 24 91 1985—Jan-July 84 11 91% 9 103 % 109'/* 36 105106% mortgage 3s series 2%s debs K 1970 1976 1979 1981 98 Jan-July 98 18 2 100% 100% Jan-July 105% 97 11 AC First mortgage II 5s series 1967 1955— mortgage 4s 11 97 rr 1960 99 % 99 7 a 99% —Mar-Sepf .May-Wow 79 % 79% 76 % 79% 100% 99 % 100% 79% 76% 78 1961—,—April-Oct Jan-July mortgage 4'/2s series A July 1970. May-Wor series 98% 96% 700% —Mar-Sept *100 *76% 4%s series JJ mortgage 96 106% 93 % rr— mortgage 5s series 91 % 109% 95% *97 May-Wow 90 107% 94% 97 *96 Corp— 23/4s series J AInc a 94% 1073..—Mar-Sepf debs 234s series I Co 78 75% 48 Jan-July mortgage Maine .—May C 1966 April-Ocf debs 1961.Map-Nov series mortgage (The) 75%. 17. 77% May-Wow 5%' Consol & 78 77 % 76% l'/2% conting lilt) 1980.Jan-July division—. ref M 4s of Steel 76% 7g% 77% June-Dec 20t0r— 1 Aroostook rr— 4j'aS couv 1976 Telephone Bethlehem 1995—__— 73 77% Erie & West Virginia— series 4s lien and -First 1 1 income Toledo-Cincinnati Bangor & 96' April-Oct contingent interest)— due Dec G First — 105'% 94% B First -- 40 104% 30 122 % Jnn-juU 1966 2000.—_____.Mar-'Sept 1996 ;—Mar-Sept Ref and general mortgage'6% <2%% fixed and 3%% contingent interest) — Series Boston -- 12 95% 100 100% Jaw-July Series K due March Borden (interest 104 123'% Jan-July 1% contingent interest) July ,fixed 56% 40 99% 102 % 122 % 123% 1.21% June-Dec .Mar-Sept 1980 debentures First May-Wow 98 % 39 105% 95'% 98 .May-Wow 1964 Refunding and general mortgage 45 , - 105 98 105'% April-Oof May-Nov !— A series mortgage 5% Consol 56% 9 99% 10314 Fe— Consol -- 99'% 99 rr— First mortgage 4s First Beneficial -- 104% • J— 4 •; 94% 91% Mar-Sept 1979 Beneficial 32% — 80% B 1st *45 J«ne-Dec (interest June-Dec Plan page 11 April-Ocf A due 2004 3 69% *67 2012 of see Plan 4 Vis (3Vi% fixed & 70% 69% 75 April-Oct 1962 - rr Refunding 70 g9% April-Ocf (interest 1999 to Line Pittsburgh Lake — A Santa & A4Vis convertible Mar-Sept __ Plan Coast 12 16 — 97% Quar-Jan 1995 I960— 5s Gen mortgage 4Vis~4s ser A Gen mtge 4 Vis ser, C 1972 57% 55 8 58 10 57% 55% / 94% I960—»—.June-Dec July 4s 4(s July* 1 1995.. & Charlotte Air Line Ry— Baltimore 57% 11% Apr-Ocf A Plan Atl 101% 5 66% 1977—,—April-Oof 3%s debs — 36 57% 57% fan-July 2012 to 2.25%) footnotes 135 77% A 1951 Plan Stamped pursuant reduced 13 — 77%' 46 65'% 1962—Apn'f-Oet Stamped Atlanta 15 11% 134 130 1 6 81 115% .Feb-Aug (reg only) 1995: 4s, 6% Corp— gold Topeka General 51 80% 80% 95 —April-Oct Investment 3%s debs Series J 2006 2001 loan 131 81% 15 sinking fund gold 1968 to 102% Jan-July 2001 (City of) 8s 1946.— pursuant reduced 101% 99 14% 99% 99'/a ' A 1952 2.375%) pursuant reduced Stamped Plan to loan) Grande do Sul (State of) |A8s external loan of 1921 A«s external 1 101'% Jan-July to loam Bio Stamped 8s 1950—Jan-July 2.25%) ('26 ('27 pursuant reduced 72'% *33% 57% 1947__April-Ocf April-Oct 2.375%) to secured Stamped 73 1961—April-Ocf 1940^—April-Ocf 6s pursuant pursuant reduced Atchison 98'% — extl extl Stamped 1 102 99% — to 7%s 81% *120 series pursuant reduced 100% 9 *135 81% I960—June-Dec 1968 (City of) 2 15 6 11% 66 June-Dec 3s 1977— Products Co W P 72 ' 81 -Jan-July First, mortgage 3%s 1903 Mar-Sept 8 A External sinking fund gold A4'%s assented 1963 Forto A Associates 102 *50 1959*.—Mar-Sept rimd 101%, 101% 97 *101% *96 ——Mar-Sept 1963 1965 4s first 95 % 134 105 95% Jan-July 19G9 Nitrate mortgage Arbor - 15 99'% June-Dqc April-Ocl 1964— debentures 101 101% 101% April-Oct sink 101 % 98% Mar-Sept 1958 loan 1st Ann 92 93 —' 72 - 103% 104 — Feb-Aug (Interest 7s gold 33% 92% 89 92% 104'% 105 -—April-Oct —; Tobacco Co debentures Anglo-Laularo 1 — 12 101'% April-Oct series 2nd of) May-Wow 1955 2008 1st 6s assented fAStabllization A4>/2s 1968 Plan 6s [ s 102 May-WOw 1947— external (Republic A4'/zs to 7s 2.125%) of) 98% Mar-Sept Mar-Sept of) 3Vis -- 90% 1 6 97 *71 % —Feb-Anp 1961 debentures debs conv 20 ... " 103% 103% 99% June-Dec debentures 100 *100'/a June-Dec 3%s 83% ' 1973 debs 93 - Co.— 1987 conv " 80'% 1 Jan-June 1987 debentures 8s 34% 33% 100 % 101% Feb-Aug 1958 extended (State — 36% 101 1963 1053 (30-yr) — April-Oct 1965 sinking fund 4'/zs IAPernambiico 53% 34 36% 101% 101% lo 1903 extended extl due APeru (30-yr) 1953 A5Vzs — 93% 53% „ -- *101% 102 sinking fund external 1957 -April-Oct Municipal Bank extl sink fund 5s 1970—June-Dec Oriental Development Co Ltd— 8A6s INDUS! debentures Anheuser-Busch Inc *35% 3%s <Js 92% -- Mar-Sept loan external *53 Mar-Sept May-Wow 4'/zK 1956 debentures debentures conv 100 140 COMPANIES Map-Nov 2%s debentures 1971 (interest 2008 of) *35% *. Plan 1 1966...—June-Dec debentures 1975 3%s 79 2 91% 93 134 134 UAL Feb-Aug 1970. 3s 1986 American *53 60 134% r Ltd— debentures 3Vis 12 , 63 - 9% 10% April-Oct 1956.—Mar-Sepf 2%s debentures 1982 — -- (interest 6'%s fund to fund fund 16 18% *93% l958__Mar-Sept 2008 2.125%) (Kingdom (>»/2fi Plan to (Kingdom of) External fund Canada debentures conv 91'/a 15 1978 1964 Telephone & Telegraph debentures 1989— 23/4s < pursuant reduced 15% — 61% 100 *72 May-Wow 1967^. 3'/4S debentures 2s 2%s 20 *18 __ApriZ-Oc't 1952 sinking ex'l Stamped Norway 6'%s of) pursuant reduced ASecured *18 19e3_Jan-July (State)— extl AND 3%s _ Geraes ASccured 16% 76 58 t June-Dec American 16% , 83% *95% June-Dec 1971 3'/a» of junior 140 *92 Corp 3%s s f debs 1964..May-Wow American & Foreign Power deb 5s 2030 Mar-Sept 10 15% 4 ! (1942 to 2%s ASmall —— Feb-Aug Dye 3'%s debs Airlines " 16% 71% 55% 2 (Dept of) 1961 2%s , — assented 1979 America debentures 4.80s 1% ' 6 — Mfg of , 81% Map-Nov Map-Nov 1979— Bosch —Jan-July — new "5 60 124 1937) — of Feb-Aug '26 <fc American 1922 1933 SASmall "9% 16% 196'J.Jan-July ASmull agreement) bond Southern American 17% Rm-July — IA Treasury 37/«s 17 17, 17^4 . 2%s i assented new 17% — agree¬ 8 ASmall a4s *16% 17 1922 agree't) 1954 new of) Chemical Co 1963_Jan-July ' • 76% 61'% 100 1946—Feb-Aup Map-Nov ;__Map-Nov 8s 1960 1964.1 1958 of Great Aluminum *16% to external extended Co —- 1904, (assented 83'% Mar-Sept Mar-Sept readjustments 1978—Feb-Aug readjustment 1984 Jan-July loan 1961 Aluminum agree'l.) 70 121% •140 140 June-Dec conversion Allls-Chalmers ; 68 Ltd— Co (dollar (City extl due !9$5—Qua-r-Jan Large A 121 60 external i_—- § ASmall 16% 121 1 16 60 June-Dec readjustment assented Alabama 18 100% 70 *75 __ — Alabama Power first mortgage 3'%s 1972—Jan-July Albany & Susquehanna rr 4 Vis 1975 April-Ocf Allegheny Corp debs 5s ser A 1962 —May-Wow Alleghany & Wesfprn 1st gtd 4s 1998 April-Ocf *16% 100 % 121 69% Mar-Sepf on_____ 1963 to Power external Allied (1922 17'% 13'% — ; 10% *124 —April-Ocf 1952 RAILROAD Quar-Jan § A Large 121 — April-Ocf 1953. 10 5 ASmall IA5s assented '12 of (Republic) Yokohama — 1945 88'% 7 1 1952 coupon — 10% 13 V* 15 *100%" lOOTa Jan-July 1945.. extended to 1955 1945 A4 Vis 6s *10 143% 87 — 12 Jan-July ; Valle Del Cauca See Cauca Valley AWarsaw (City) external 7s 1958 73% 4 — 47 14318 - 1 1981 sinking fund 6s AExternal sinking fund 6s 3Vis 82 30 26% 18% 12% Jan-July mtge sf 4-4%-4Vis 129% 82 25 15% ■ — *16 3%-4'/o-41r^s external conversion 1978—.June-Dec 89 80% <9 - 1943—May-Wow ugreem'ti (1942 due 1899 due A6s ot) 1957 *88 — ~~ 149% 87 26'% 403 *144% — Ltd— Co ser extended Electric 1st External 1968 (Republic 3'%s '27 1961. 1 mtge $ 3%-4-4 %s Jan-July (1922 iigruemeiil) small 1943. 1 §A4'%s 1953 95 145% 26% June-Dec extended to. 1971— 1961 1st UJlgawa Irrigation— I A4'%s assented of sterling loan External Map-Nov 1954 due 8A6s 54% 95% • 22% 15% Tokyo Electric Light Co Ltd— 53% 93 p— — 73% 32o "* 54 Tb 52% 79 53% *92% 22 % June-Dec AExternal *95 __Map-Nov 1075 extl loan lAUruguay «'j,» 68 — 26% ... 97 51% 72% 23 June-Dec 1958 f 1971 s § A With March 45% 52% 83 54% 60'% 87 (City of) — 5Vis 6s 53% D* /4 *63% — 23 June-Dec 7s 1958 Power (40-yr) A5Vis 49% 18 % 2 59 87 Map-Nov 1962 1962 to external 5Vis due 1971 extended to 100% 97 1,102 66 Map-Nov external Council Electric A5Vis 19% 697 of) County Taiwan 162% 98% 99% — — April-Ocf 1962 extended 1952 (Prov Sydney .00 156% ' _ 73% ' (Kingdom)— secured A4Vis assented 100 % f- Feb-Aug 7s due IA5s *73 bonds "2 64 —. (interest A 2012 external B 'J" ... *62% Jan-July 66 — - Jan-July 1968 to Plan 2%) ;;*65% Mar-Sep/ 8A6%s 1st mtge s f 1952 8%s — Bank) 6'/zs series —Jan-July ~ . 37% June-Dec 1964 to CO H 162% 100% 100% Jan-June Jan-July 1965 Mtge (Colombia) 30-year 3s to "30 or (State 52 CO CO rT- A 7s (interest Bhinyetsu Electric Power Co Ltd— 8A7s 1354 '24 extended 1965 Jugoslavia Mexican of 1954 extended A5'/zS extl 8%s 51% —, 1952 loan 68 secured A 2004 loan Berbs Croats & Slovenes Mar-Sept , _ (Kingdom of) 7s 1951 Japanesc (Imperial Govt)— extl 63 —Jan-June 1977 3s 1947 JAItaly A6'%s 101 Public Works for Utility Institute— 30-yr gtd ext s f 3s 1977 7s 66% — Jan-June Public § AExternal J?*'8 04/2 65 2.25%) to (interest 1956 to Plan dollar reduced A 1999 loan pursuant A8s 00 2.5%) water to Plan to pursuant external 75 April-Oct 1960 1977 f s B 61% .Feb-Aug Consortium series }A7s 55 58 4n Helsinglors (City) external Italian (Republic)— 30-yr 45 22 Jan-July 1960 to part paid 1964.— A6s part paid 1963 Italian 26 60 Jan-July A7s Credit 52 58 Feb-Aug 1954. Greek Government— Italian 51% ..[? 04/2 68'% to external Stamped reduced 157 '163 1950 mtge gen 17 75 Feb-Aug 1944— A extended 1944 A ser 15 72% Power— series mtge 1st 5 17 A7s ASUesla loan)— Dawes Great Consolidated Elec 58'% Stamped r=.v bonds bonds 66 — 1930— 1924 83 65 58% oq April-Ocf April-Ocf —— Issue— 1953 bonds loan (extl German 83 1 Afis 791/ of reduced 8 69 17 Jan-July 1972— loan 83 58'% of)— 1972—— bonds International 1967 7s 1924 Conversion dollar 4s of) Republic of loan 58% pursuant 72 59 71% 72% 35 70% 72% 58 59 43 56% 59 Number 5299 Volume 179 . , The Commercial and Financial . Chronicle (737) 29 NEW YORK BOND RECORD RANGE Friday BONDS Interest Period Sale Price New York Stock Exchange or Friday's General 1st 2%s mortgage mortgage Brown Shoe 1.976 3'/as debs Co *100 1971 Stamped modified 4%s Terminal Co *101% general income mtge 86% New York Stock 100 100% 102% 103 95% 92% Consolidated II 101 97% 87 A3s 86 88 6 100 101 1 82% 32% *91 % 81% Electric Power first 1976 3s June-Dec California Oregon Power 3%s 1974 Canada Southern consol gtd 5s A 1962 Canadian National Ry— Guaranteed gold Guaranteed gold 4%s Guaranteed , gold Canadian 4% Pacific 4%s 1st 83'% debs 4s series (J I) Celanese 3%s debs of U Central RR Co of General -Central N York Pacific *97 1965 3%s & and Second Jan-July 2020 May May 75% 98% 52 92 98% 99% 49 96 99% 4 98 100% 1 98 mortgage inc Feb-Aug 1965 68 % 85 3%s ' . 20 75% 188 84 55 12 1997 1985 inc 4s mortgage- 4s series 79% 66 % 51% A A 1994 mortgage 4%» inc increased series A ser B Jan Jan & Pacilic col! A . 104% 1 1st 2%s 1963 3s 103 105 93 " St Div first, coll mortgage 2%s mortgage 3s 3%s 4 80 73% debs Louis 67% 20 64% 67% 63% 63 % 2 59% 63 % 7 100% 37 73 75 59% 60% 97 % 65% 57% 54 % 11 C ser South 1st 4s 56% 53% fir* I. 93 3%s 74 74 69% 71 66% 4 %s 107% 107% 98% *96% 96% fund 98% -7 First and and 1st ref 3%s (now ref & 1st ref of refund *65 102 5s mtge El 91 96% 6 94% 22 97% ref M 2%8 ser ref mtge 3%s conv For s f 3%s debs footnotes 84'A —_ 84% 80 82 99 99 — *99% 101% — ser 103% 99% U 2%s ser Y 1.982 31 85 Fort 77 %' 54 67% 91 99% 36 100% 95% 10 92% *— 95 95% *105% 106 107 '141% 149 109'A — 103 ,-May-Nov *103% B 1976.Mar-Sept *86% 88% 1961 May-Nou 97'A 98'A 22 102% 352 97'A 98% 25 94 94 107 —Jan-July —Feb-Aug 102 102% 97% 1977 -April-Ocf Feb-Aug 1979 114% 75 75 106'/a 10 1961 ser 95% 95% 105 15 113% 114% *68 102% 641 148% 149 *68 102 104'A 106% 107 114% .June-Dec June-Dec 1995 4s — 85 1 97'A 101 '103% 85 99% 104% 94% 98 '/a 94 94 Mar-Sepf. 1982 1983—. ; 107 107 103% *95%' - 104 109 98% 100 110 1 109 109 , 78% 79% 80 72 'A 80 94 94 II *94 249 82% 85% 18 101% 102% II 99% 103'A 101 % 101 % 99 *84 *85 series G 2000—Jan-July mortgage 3%s 1971—Mar-Sepf 3%s first "I — 109 *— April-Oct Rubber 81 *94 195SP 1974—Mar-Sepf Denver & 4%s 3%s Foods Ry 70% 62 91 14 101 97 18 106% 101% . A4s conv Goodiieh 98% Utilities & 99% Mobile D Ohio June-Dec * 3%s 91% 95 94% 91% 97% 3 95% 97% 38 98% mortgage debentures 1st mtge 96% mortgage 3s 3%s 1981 — —June-Dec 1982 3%s mortgage Hackensack 86% 85 78 % 18 73 *95% 17% ~ 78% S43A — 18 35 95% 75 — *65% *101 93% *101 79% 75 17% 22 78% 101 103 93% 18 102 79% 4 75 — *92 *98 89 % 100'/a *97% — 104% 93% 101 79% „ 92 100 92% 98% ' — — 99% — *99% H- O O __ *98 . 99 101% 99 *104' June-Dec 1983 96 '/a 100 100'A 103% 103 104% 104% 106 164 176 _ 12 4 first Water Volley Hocking mtge Jan-July debentures 3%s - *96 90% 104 % 121'A Hudson Coal & 5 104 % 104% *106% 107 first sink Manhattan Adj usted 161% 166% June-Dec 1967— debs — 5s income 5s Feb A April-Oct 1957 ■ 41 97 103% 104% 105% 107 151 166% 91% 15 88 3A 93 50% 85 49% 52% 16'% 17% 27 16% 95% 17% 92 50 1962aJune-Dec 1957—•—Feb-Aug fund 5s ser A first 92 118 94% 99 Lighting & Power Co— conv Hudson A a 1968 debentures 4%s Houston 3 'As 1958—a *118 —Jan-July Mar-Sepf Mar-Sepf 1999 114% *92'A 1S76— Mar-Sept 2%s 4%» first Ry Household Finance Corp;2%s 1970- 100 15 20 *104% 105 106 106 rl72% rl72% 9fe% 6 77%- -1 cc 1976—May-Nov 1969 1st mortgage 3%s 101'A 99% 92% 86% H 1 6 100 111 86% Jan-July 1968 2%s — 102% 103% 2 88 91 92% *92% 1975 First 100 92% 118 RR— refunding 4S series B trust 99% 116% 118 June-Dec June-Dec May-Now 3s *96'A — Feb B-. 95 111 118 118 N April-Oct —-Jan-July First 92% 97% 105 104'A 98'A 1978 95'A 94 .94% 103'A 101 % 84 mortgage 2%s 1973 First mortgage 2%s 1980 93% 95 62 171 99% Utilities States 104'A 96% series & 104% 103'A 99% mtge inc 5s series A July 2015 Collateral 103% 104'A *94% Jan-July April First and*refunding 3%s series D 1969.April-Oct General- mtge inc 4s series B Jan 2044-—April and First 101% 101% 101'A — 103% 104 »A 104 Mar-Sepf certificates ADebentiiie 101% 161 104'A 105 103% 1990-—Jan-July O 2000—'Jan-July P 1982 Jan-July Q 2010 Jan-July R 1961—.Jun-July ctfs A ; -Feb 91% 94% — 104% 1976— Gulf 104 104% 104% —Jan-July 3%s series General mortgage 3%s series General mortgage 2%s series v General mortgage 2%s series General mortgage 2%s series AGreen Bay & West debentures 91% 95 96% „ __Mar-Sepf 1979——Jan-July 1969 mortgage 94 *91% *99% Corp— debentures 4%s 93% 102% 94 first .mtge 2%s 1965—May-Nov income IB F), Co Geneial Gulf 53 30 104% Jan-July Jan-July 93% 103% 103% | __ 96 Northern Great General 100 33 . . — debs 3%s 95 101% 97% 94% —Jan-July 1976 1961-—1 Corp Realty debs 3%s 97% 100 18 . 96 1— *101% 96 ..May-Nov Ry Co— General 5s series C 1973 103% 104 % 99% ' 65% 93 Motors General 77% 95 101% 94 h~ ; Co— 1982 Corp debentures 93% 103% 4%s 102'A *94% *102% -—June-Dec refunding 5s- series A and 102 —May-Nov ...Jan-July May-Nov East Coast first mortgage *92% 101 1961 debs G 85 104 *_.. __ 3s 1972 1977 General Motors Acceptance Corp—. 4s debentures >958 96% 101 101 & General "l *ioT% Mar-Sept Feb-Aug 19 I (Bait) ' 100i'2 lOO^ 1978 Consol mortgage 4%s-3%s ser A __ 98% Illinois — ..Jan-July __ June-Dec __ , *97% *94% 97% 96% '97% 96% 94% 94'A Bell Central 107% 107% 10 107% 107% Consol 123 57 117% 124% Consol 124% Telephone 2%s series A mortgage 3s series B 12 93% 96% 5 98% 100% 30 102% 105% 104% 104% mortgage 5%s-3%s series B 1979_May-Noo Illinois 95% 96% 105'A 105% 1979—May-Noo Consol 100% 98% First Jan-July 100% 100% 1981—Jan-July Jane-Dec 100 3^ 98% — — June-Dec.. 31. Feb-Aug 37 102% 95% -May-Nov 1980 mtge Tire General Mar-Sept April-Oct 1986 96% 102 >— — .June-Dec 1965 debentures Worth 1st 102% April-Oct X 1988 97% 102% Feb-Aug 1954 ser gold 2%s City— 1983 M 1958 1982-. 2%s debentures General 102% 102% *103 ...May-Nov I983__!. 1981 101 % 93% 101% 102 102 -May-Nov 98% 99% 1981 Power 1985 93% 100% 1963 & paee debs & consol A First F^h-Ann B J976 J RR 2%s 2%s Division 3 %s 96% Feb-Aug 1982 1967 see Va stumped 2%s . I 100% 26 105% 96% April-Oct April-Oct :_J Jan-July June-Dec. 1982—May-Sept Mar-Sept 94% 105% April-Oct F 2 96% 96% April debentures Light. Co Firestone 97% *98% 100 1961 ser 101% 101% Jan-July Ml.ge inc 4%s ser A Jan 2015 April First consol mortgage 3'As series E 1964_Aprii-Ocf First consol mtge 3%s series F 1990—Jan-July 100 98 1955 1999 A — 95 (4%% 98 100 *100% Feb-Aug ser *88 — RR— 93% *97% *95% " 1970—May-Sepf 4s 1981 Bait Lt T ser 1st M 90 — series York— 3s G ser II 1st 1st ref *80% General 102% Feb-Aug 1965 M 3%s seiies Gas 75% 89 1 *142 96% — 102% 103% 102% ..June-Dec A 2.35s 3%s 1st New ser 3%s 2%s May-Nov 1985 B .*__ 98% 95 84 75% 771/. 1977.April-Oct refund mtge 2%s ser C 197?! Jane-Dec refunding 3s Series D *1972 May-Wop refund mtge 3s series E 197S_Jnu-July refund & Ironton mortgage 1st mortgage 4'%s M 87 Edison El ill (N Y) first cons gold 5s 1995.Jan-July Elgin Joliel, & Eastern Ry 3%s 1970Mar-Sept Paso & Southwestern• first 5s 1965—ApriZ-Oct 107% 95% 95% 1978 nitg#: 2%s mtge 2%s Consolidated Gas Co or General *83% ' 3 %s Ohio *98% 100 1977 series 3s convertible debentures Consolidated 90 May-Nov 1995 mortgage First 105% 29 84 April-Oct 3%%) Edison refund M 90'A 74% *104 Cigar Corp— 1st & ref M 3%s 1st & 89'A 1985 Mar-Sepf Snlilrera—See First 102% — 90 90 Georgia div first 5s 1956_May-2Voa Anglo-La 11 laro Nitrate and 102 101% E *101 Jan-July 2001 Power 4s mortgage 103% 10 97% 96% 1990^May-ZVo» 1999 debentures and 100'A 99% 8 *91 1976 lien mortgage 101% 11 105% 105% 97% April-Oct debentures debentures First 97 45 102'A 102% *76 1970 ser K first subordinate 98% 99% 99% 100 1961—ApriZ-Oct 3%s N gold ^Florida *103% May-Nop I First 102% A 1969 1st Co- 3s series Mack & 100% „ *100% 101% June-Dec "Xtenial r and — __ 101% 102 Mty-Nov ser debentures 1st, 71 % *103% Mar-Sept series I, 3s H 3%s mtge debs 1st 74 70 74 *99 1983 Edison ref conv Chemical 3s 93 *91 J975_. 2%s First *94 *100% May 2%s series I ser 1st 72% 94% >93 ..June-Dec Elec series refund convertible Duqwesnc 58 ! 72% 265 58 3s and Detroit Tol 7 1970 3s 1977 Ohio Toledo and / Div mortgage (3% fixed contingent, interest) 1993 60% *73 June-Dec 1975 A series debentures First — 2042 series A interest 2018 & 75 172 Ipc— debentures Consolidated 98'A __ 1 mortgage 3%s" 101 36 75 60% 1977__Jan-./rtlj/ 199 L—Jan-July trust 4s gld 2%s s - tr 4%s Light 3s ref 101% 100 % 101 June-Dec System Debentures & & Dow Ry— 1966 3s Consolidated 26% 94% 10 *102% 104% __ 1973—May-Nov C 1 Detroit Terminal & Tunnel 4%s 76 Corp — debentures series River series coll tr 5s ser Power Second 85% 9 100% 100% June-Dec first & Iron 3s Conn Wetesrn & 5s mtge 2%s Detroit __ 76 June-Dec 1982 Short .Line Compania May-Nov A (3% "fixed contingent interest) 1993 3%s ' 67 67% Jan-July 1986 s 1963 98% division ret 3s • 84% hine-Dec 1985 First sinking &, Essex Gen 97 80 " Illuminating First, mortgage First mortgage M Gen & — 74 1975-April-Oct . First mortgage refund Gen 27 1982—— May-Nov A 1993 mortgage Commonwealth Lackawanna Erie Railroad Co^— 1977 & First & extended 4s mortgage due- 1993 1% 80 '..Jan-July debs Wab & Midi Electric Columbus 27% 25 — 22% 26% 25% — F mtge 2 "As impt 4%s series E St Louis Division Columbus York General 98 94% 97 June-Dec B series Gas Feb-Aug -June-Dec .April-Oct Jan-July 1977 Hudson & Detroit Edison 79 Jan-July -..Jan-July 1978 f s 53 Columbia *93% 1982 Co— gold 4s 1993 conv 20 25% — Income Ry^- Terminal— General Colorado Fuel 35% Denver & Salt Lake— 90% ..Jan-July. 1963 RR mtge 4%s<scr General Cleveland debentures 106 80% Jan-July series- G Cleveland-Cincinnati Chic Cincinnati *93% 1973 Collateral ' 1999„April City Ice & Fuel 2%s debentures i960 City Investing Co 4s debentures 1961 3s 3'As A Union Ry 3%s series B 1965 Co 2%s debentures 1965 contingent 106 % 75% —■ Cleveland 92% 32% . First mortgage series 101 % 84 mortgage gtd 3%s series E 1969—Feb-Aug mortgage 2%s series G 1974—Feb-Aug C I T Financial Corp 2%s 1959— 1.April-Oct 4s debentures i960 ; lun-July 1st mortgage 102 % 50 First 3%s series June-Dec 1978 3s Income 90% „ Gas & Elcc mortgage Refunding and -Jan-July 3s mortgage 98% El Soutlieastern Ilaute Cities Service Co 2%s 1975__Aprll-Ocf First mortgage and coll trust 2%s 1979_Jan-JuIy 1st mtge & coll trust 2%s 1980 _Mar-Sepl ,, 99% 97% 104 4 98 *117% April 1980 & ser Union 22 1973 April-Ocf First mortgage and coll trust 3%s 1977-June-Dec 121 80 refunding mtge 2%s-4%s l994.Jau-July 1994— Jau-July trust Jan-July ..June-Dec mortgage 1st mtge & coll 101% 87% First 4 27% Delaware RR— mortgage 3%s series F 4%s *25 1970 Imp & equip 4s 1970 East Tenn 2%s-4%s .Cincinnati . 29 1st mtge & 55 % 90% 2019—April 2044 1 131 106 97 /U7t-July mortgage conv inc 4%s Jan mortgage,3s series B 1989 First mortgage 2%s t 28% *27% 75% 977/b 101% *93% 1956—Jan-July Chicago & Western Indiana . *26% June-Dec Morris Chicago Union Station— ,, June-Dec 1970 30 June trust 4-6s May Pennsylvania Division— 100% 96% 98 Paciric RR— Second 1st 1970-, First and 90 98% 117% __ 104% 104% Map-Nov & series Chicago Ruck Island First A B New Chicago & North- Western Ry— Cincinnati 26 102'% 91 Delaware Lackawanna & Western RR Co— *101 May-Nov 5a 1982 Chicago Milwaukee St Paul First 22%' ser ser Delaware . April First and 22 4s 4s Denver & Rio Grande Western 13 106 —April 2003 Income 14 4s 3%s __ 34 101 106% 1985-—Feb-Aug mortgage 4%s inc ser A Jan Chicago Indiana & Southern Ry 4s Chicago Terre 35'A ref Alncouie 97 105% 106% 101% —Jan-July __Feb-Aug 5s conv 3%s series B 2%s" 5 35 June-Dec 92 % 103% 101% 40 92% ref . 101% 102% 2%s 1970__Feb-Aug A 2nd mtge 102% 102% ™ & 1% April 1st 99% 100'A 103 __ & Deere & „ *99% *120% 1973—June-Dec 1989 1983 First 14% 107 100 100'A 100'A *103% mortgage 100 100 *100% Jan-July Jan conv 100% May-Nov 1970 11 96'% 107 lien 100 % 100% 100% 4s ser A 1988_i_„Jau-July AGeneral inc- mtge 4%s*Jan 1 203a April Chicago Indianapolis & Louisville Ry— 4%s 1977 First 97% 68 100% 100 % 100 % Mar-Sept Chicago & Erie 1st gold Chicago Great Western General 67 1976 (1942 series) mortgage 4s Dayton 94% 54 % „Feb-Aug 1958— 1st & ret niLge 3s 1990— Chicago & Eastern 111 RIt— First 122 99% ; 1974 1968. consol*gold 4s mortgage debs f First 97 24 72% April-Oct impt, M 3%s series li First mortgage debs Dayton Euwer &. Lt first mtge 105% 96 83 consolidated AGeneral 3'As First 97 69 *85% : 3%s series A first 4s 13% 98%' lien . Jan-July First and refunding mortgage First and refunding mortgage A 1st 104% 104% *93 gold 4s 1989—i—_Jau-July Chicago Burlington & Quincy RR— General 12% 99% Jan-July Jan-July Aprll-Ocf 1965 1st 4%s div A 103 100 % 100 % 1992 -Mar-Sept hnpt M 3%s series D 199G__May-iVo« Refund and impt M 3%s series E 1996—Feb-Aug R 62 100% 100% Refund and Refund 12% Mar-Sepl 2%$ 1975 D K)0 98 Feb-Aug 1974 ; . April-Oct mtge 107 payment 1st A 96 = June-Dec 1987. Ry Co— to High 103% 106% Cuba— as 2001 first s Low 102'A — A 1st 106 96 —Feb-Aug 1948 1995. 3s 3%s *102% A 105 % *62 April-Ocf 4s mortgage- 3%s series B Champion -Paper & Fibre deb 3s Chesapeake & Oltio Ry— - 104% 104% 105 % J— Power First and refund General 104% 51 103% 104 —Feb-Aug First - 104 .June-Dec 1978 series A mortgage New Central . 105% 106 ^Mar-Sept AGen mortgage 4%s series A Jan 1 AGen mortgage 4%s series B Jan 1 2020 . 105% Mar-Sepf 1965 1st gold Co A 1st 107% Georgia Ry—? First mortgage 4s < 106% 5 April-Ocf P of (stpd dollars) Power Jan. 1 No. __ Cuba RR— - 1976 {ACentral Branch Central 17 105% 105% Jan-July : 4s debs *97% Range Since Sold A - Ohio S Bonds High • Corp 3%s debentures I960 debentures (1947 issue)! I960 3%s 107% 107% Feb-Aug 3s- debentures debentures Celotex „• Corp 107% (perpetual) & U Friday's June-Dec mortgage Crane 107 1956 1960 A 3%s Co 105% Jan-July Carthage & Adirondack Ry— -First mortgage-guaranteed 4s 1981 Case 41 Ry— Clinclii'ield 1976 Can 93% 105% 106% June-Dec Capital Airlines-.Inc— Carolina 93% __ or Bid & Asked April-Oct Map-Nov Crucible Steel Co of Am 1st mtge 3'As 1966 May-Nov Cuba Northern Ry— 105% 1957 4%s 1968 3%s 1983 Baking 3s debentures • *93% 23As Continental 103% April-Oct 1955 debenture consol May-Nou Gas Continental 99% 14 Sale Price Low Railroads inc cum in 97% 29 103% Week's Range Last Period 3%s debentures 1978 94% 101 94% Friday Interest Exchange Natural 3'As debentures c California 12 High 103% 103 % Jan-July : Low 100 % 100 April-Oct 1960 1982 Jan. 1 No. Consumers 86% Jan-July Bush Terminal Buildings 5s gtd A 5s 97% .May-Nov 1955 Sold High Consolidated Jan-July 1957 5s Cons FEBRUARY BONDS 103 *94% Buffalo Niagara Elec first mtge 2%s 1975-May-Nov Buffalo Rochester & Pittsburgh Ry— Bush ENDED Range Since 100% 103 ^Jan-July Jan-July 1980 3s WEEK Bands Bid & Asked Low Bristol-Myers Co 3s debentures 1968 ApriZ-Oct Brooklyn Union Gas 4s debentures 1969—Mar-Sept FOR Week's Bang* Last 2 103 104% 101% 105 RR— 3%s series C 1974 mortgage 37As series E 1982 mortgage May-Nov .Feb-Aug *102% 105 — 104% 105 65 ■ 30 I " *,(738) < The Commercial and Financial Chronicle r'; RANGE Friday Interest BONDS Last Period New York Stock Exchange Central Illinois Refunding Refunding Illinois Sale Price or Friday's Bid * Asked May-Non ia55 1955 5s Terminal 4s series Ky Steel series SAAdjustment AFirst 5s AFirst gold 3.65s series 1956- C 102% 103 104 Va 105 1 89 Va 90 ~5 102% 106% 101 Va 101% 7 104% 110 48 72 Va 90 90 1977 debs subord 106% 106% — 109Vi 110 79 Vi 78Vi 79Vi f debentures s Interstate Power series A Franklin Jamestown 1st Lake 102 100 96 Vi 94% 95% 95% 14 Y N Mortgage 1st 1990 4s mtge *85 *96% 84 84 98% 94% 94% *90 104 Va 103% *96 Vi *95 Vi unguaranteed : 51% 98% 98% 99% 161% 162% 101 3 99% 101% 3 54 2% 3% 2% fund 3% ser registered 1997 i June-Dec Coal & Navigation CoSinking fund mortgage 3Vis ser A 1970_April-Oct ref 1st & 1st & Coal Co— stamped 1964 stamped 5s 86% *84% 1st RR gen consol fixed 4 Vis B interest 86% 2o 85 82 "87 86% 84 89% 90% 87% 9 65 54 45 6 88 13 85 8G 2 88 V* 83% 87% 84 85 * 69 ► 69 69 2 67 Afay-Nov 75 75 1 73% 75 80 % 83 .May-Nov 83 83 interest 2003 May 2003—May ASeries F 5s contingent interest 2003-; May 61 61 Va 8 59 % 66 Va 4 66 4Vis contingent interest Eastern § A Lombard Electric 3%s debentures Louisville & *103% *97 April-Oct Louisville 1st Gas Elec & 3%s mtge Div 1st (R H) 1955 4s *104 95 *85 Ve mtge 103 Vi 3 95'/a 102 101 *80 V* 3>/2s debs 1 *93 Va *102 Va *103% Afar-Sept 1973 95 Aprll-Oct St *96 14 5s series 101 Vi 100 94 95 Va 102 105 Vi 95 *101% *95% 88 5 5 91 102 101 95% 83 Va — 84% — 95 92% — „ 92% 101 — 102% 102% — 103% 96 Va 94% — 1 99% Ohio refunding Monongahela Morrell Morris & & Essex Construction 1965 Co 3s debentures first Construction 3 Vis 5s series I 1981 gtd 4s 1991 series B 1966 mtge series B 4'/2s 95% Afay-Nov 1975 Feb-Aug First mortgage 3s 1979— ——June-Dec First mortgage 2%s 1980 May-Nov First mortgage 3%s 1982— Mar-Sept Oregon-Washington RR 3s series A 1960—Aprll-Oct Pacific .first National 3s Dairy 100 First & 105% First & 105 Va 105% First & 100'/a 100% First & „ — — 101 - • 102 First 87 15 52 Va 53 90 80 102% 102% 102% 1st 103 100% 12 * 3s debentures see 84% 85% 69 69 81% 85 Va 172 75 85'/a 62% 63% Feb-Aug 66 Va 69% 56 Va • 63% 100 5 ' . ' 101 . ; 97 , , . .. a- 53a 1% 21 ' -;\i ft 100 ft 99% , 81 .39 » 14 , . 65% 64% :65 V 2Va • 97 ~ . 6'/a . 62 . 97" 65%- 103% 104 Va 79 •78 > 103% 33 79 ,# r— 5 58% 60'/a 52% C 52 53 95% 95% 10 Pennsylvania 109% Pennsylvania 109 % 109 109 % 52 104 % 109% 65% 6 63 % 65% • 108% 110 109% • 5 100 105 First mortgage 6 a 103% 71% 105 Va 105 % 12 104% 105 Va 106 Va 106% 39 103% 106% 105 106 % 93% 94 2 93% 94 97% 97% 23 93% 97% 93% 94 ~6 93 94 91 ~2 91 91 101% 102 36 98 102 95 97 91 •94 •89 Va — *96 97% 96% 96% 93 % 1 101% 102'A 102 71 5 96% — — — 102 Va 101 •103 4%s series series 101% 2 25 *96 100 ff 100% 102 98% 100.1$ ' 98% 100 Va 106' 168% 99% 3 97 Va 99% 100% 100% 12 98 Va 100% 101% 96 Va 101 15 92% 97 94% 97 98 Va 99% 95 97 96% 96% Gas 1 3 *99% 99 96 99 99 101% 96 Va 105 40 94% 106 Va 108 41 100% 101 94% 6 97 Va 92 Va 8 95 97 97 102Va 9 105 106% 107 106% 98% 101 Va *99% 90 Va 92 92 92 ^100% June-Dec 100% 99 Va 100% 39 Feb-Aug 108% 108% 13 106% 108% 104 V* 105 67 104 105% 108% 109% 27 108 109% 96 98 V* 73 97 V* 99% Jan-JuZy Jan-July 91V* 97 Va 97% 30 97% 99 Va 85 85 4 84% 3%s series F 1985 Light 103% 1 104 3 59 3 55 100 2 95% Feb-Aug *109 r series B 1974—— gold 4%s series C 1977 •j, First First 1st & refunding & & 2%s 1978 refunding 3%s 1982 mtge 3%s 1983. ref 100% 98% -.98% 100 V- 1 90 91% 59 100% 109 . 1 109 102% 113 103% 103 V* Jan-JuZy —June-Dee May-Nop __May-No® June-Dec 104% 1 1990 Philadelphia Electric Co— L First & refunding 2%s 1971 First &'refunding 2%s '1967 First & refunding 2%s 1974— First & refunding 2%s 1981 86 Va 1 91% 5s 103% 99% 59 General 95 97 Va 101 99 — 91% General 96% 105 April Pere Marquette Ry 3%s series D 1980 Mar-Sept Philadelphia Baltimore & Wash RR Co— 100% 100 96% 4 June-Deo April-Oct 102% 100 Va 29 104 102% 100% 101% 106 Va 1007/a 100 97 V* & Coke Co— First & ref mtge 3%s ser H 1981 Peoria & Eastern first 4s external 1960 100 5 99 97% mortgage 89 102% 17 31 April-Oct mortgage 4%s series E 1984 98 102% 100% 101% 102 102% 1981 General Peoples 103 102% 1968— General 100 99% 99% 104% 5s 87 B 102% — June-Dec June-Dec 1965 A 100 Va 100 % 102 Va 104 •101% 103 Va 96 98% 21 98% 98% 19 94 Va 94% 95 Va 97% 10 97% 97% 98% 100 100 " 98% 96% *96 ^ .—Feb-Aug 97% Jan-July May-Nov *102% *106 98 Va — • _ 108 ; ' ' 101 Va Aprll-Ocf 1975 3s 4%s series D 89 4 98 3 29 104% 105 % , 1960__April-Oct General 97% 99% 1 Sand 3%s 1960 Power & Light Co— Glass General 62 97% 107% 108% 100% 75 Va 67% 71 ♦70 105 % 103% 71 50 *101 101% Vi 99 100% 100% 75% 74% 74% 110 40 — 4%s 1955—Jan-July General *98% 101 % 102 f gold 99% 101% 1 102% 102% 104 % 108 105% — 105 102% 105 % 106% 104% 9 106% 107 106% Pennsylvania 91 May-Nov s 97 60 I1 37 April-Oct 120 V* Airlines—. 99 5 88% *88% 1st 97 98 181 116% — 101% RR— Consolidated sinking fund 4%s 1960 92% 108% *102 Va 108 A3%s convertible inc debs Sept 89% 109% 101 *5 — 120% 120 % 106 Va 109% 80% 104% 62 105 Va 107 104% 61% 04% 95% 103 107 62 101% 102 94% 10 *108 1981 Illinois 91 *91% 1961—Afay-Nov *105% , 92 V2 " 98% 107 109 % 109% 99% — 103 99 Va Pennsylvania-Central 99 101 108 104% Paducah & 182 62 •95 Va 103 Va 98 V* 107% < 6 109% *97 Vi 1 11 101 Va Feb-Aug 18 17 108 108 95% 106 V* 109 Va 88% Afay-Nov 103% 103 Va 100% 101 ' 100% ,93% 103% 101% 92% 87% 81 58% 52% 102% 103% 104 Vi 25 debentures 3%s 109 % 109% 88% 104 Va 58% 52% , ■ *— 104% 109% 6% 2%1 94% . *93 104. 99% 101 45 99% 100% 65 Vi Afar-Sept April-Oct April-Ocf Mar-Sept Mar-Sept 146 109 Vo 109% Mar-Sepf Aprll-Ocf 31. 85%', 225 - . 100 ?* 100 A '100 Mar-Nov debentures 1984 Mar-Sept 4s Pacific Western Oil 3%s debentures 1964__June-Dec ; B 79% 82% 231 69% 63% June-Dec 1983_. Afay-Nov • June-Dec 1978 debentures June-Dec 1967 L 1987 debentures debentures 99 Vi June-Dec June^Deo June-Dec June-Dec June-Dec June-Dec 1985 1984 1986 3'As " page V 3%s *102 1974 1966 debentures 3%s June-Dec 1974 debentures AIncome 4s April 1976 2%s debentures For footnotes series 93 100 1982 4s 96% 1970—June-Dec New debentures M 94Va debs .N'augatuck RR first gold 4s 1954 3s ref 89 Va 23/4S England Tel & Tel Co— First guaranteed 4Vis series & & Pacific Tel & Tel 2%s 1 Feb-Auf 3 Vis debs 76% 4 79% refunding 3s series M 1979 refunding 3s series N 1977 refunding 2%s series P 1981—June-Dec refunding 2%s series Q 1980—June-Dec refunding 3%s series R 1982 June-Dec refunding 3s series S 1983 June-Dec refunding 2%s series T 1976—.June-Dec refunding mtge 3%s ser U 1985_June-Dec 1 1986 " & First 55% 96 —Afay-Nov jNational Steel Com 1st 3Vis 1982 -. & First — — — 22 1955—May-No» 1986 1970 Products -National Supply & 97 Va 55% June-Dec Products debentures 79 Va 1 Co— refunding 3s series J 1970 refunding 3s series K 1971— refunding 3s series L 1974 102% 96 B series Electric & refunding 3%s series I & 14 87 1955—May-Nov 1978 3s 3Vis debentures Natl DistPlers Gas & 23 Chattanooga & St Louis— mortgage 79*% mortgage 2%s First N Nashville 87 1 85 1980 Oklahoma Gas & Electric 2%s 101 »/a ApriZ-Oct 2%s 86 84% 12 84% Mar-Sepf ApriZ-Oct 1974 mortgage 2%s 1975 92% June-Dec 5s serfes A Tel & Tel debentures 1958 gtd 3Vis 2000 mortgage Mountain States ; 3Vas Ry (Johni first first mortgage 3s Edison 96% 5V2s series A 1949 Afay-Nov refund gold 5s H 1980—Apn'Z-Oct and 100 54% 109 Vi AFirst 96 86 87 86 96 98 *86 o 96 Va §AConvertible gold Mohawk & Malone - P 95 87 109 1967 Jan 1975_: and — 84% *96 June-Dec 1984— debentures 2%s — 96 109 Vi A 95% 95 98% 95 85 Telephone— Bell Northwestern f 92% and AFirst *95% *87 Va 1977—Aprfi-Oct Mar-Sepf first mortgage 2%s 3s 1979 mortgage 95 Va 95% 20 2%s 101% 55% 109% AFirst 30 *90 Feb-Aug June-Dec 1979 mortgage First Co— RR 60 23 60 ' mortgage 2%s 1974—Feb-Aug 1975 April-Ocf 3s 1978 — —Jan-July Jan-July refunding 5s series A 4s 63 58 Va 63 59% 2%s mortgage 3 % s 1982 (Wisconsin) 83% 101% —— — - Feb-Aug Afar-Sept Pacific and 60 59 61% 63 Co— Power first First 103 Va 100 *100 Va 100% refunding 5s series F 1977—Afar-Sept AFirst and refunding 5s series G 1978—May-lVou AFirst AGeneral States mortgage 95% 92 104 Va 105 Va April-Oct {Missouri Quar-Feb First 82% 101 Va 101 Va 85% ser Quar-Jc» _Jan-July —Jan-July 1962 4s series B 1962— Prior lien 4Vis series D 1978 adjustment 5s 57% registered 2%s 40-year ACum 15 - 3k Jan 1 2047 96% 105 RR— A 60 Ry— mortgage 91% 2 , _ First 1971—May mortgage 4s inc ser A Jan 1991—May & Texas first 4s 1990—June-Dec Prior lien 59 Va i—Quar-Jan First & Missouri Kansas M'ssouri-Kansas-Texas — ,1997 4s First Marie— 4%s inc series A Jan mortgage AGeneral Pacific First & Refunding & impt 4 Vis series C 1979—-Jan-July Michigan Cons Gas first mtge 3 Vis 1969—Afar-Sept First mortgage 2%s 1969 Afar-Sept First mortgage 3%s 1969 Afar-Sept 3%s sinking fund debentures 1967 Jan-July Minnesota Mining <te Mig 2%s 1967 April-Oct First 63 May-Nov .Jan-July 1954 1973—— 4s First 1988 Saulte 74 58% 78 . 2047— Quar-Feb Refunding & improve 4%s ser A 2047—Jan-July Refunding & improve 5s series C 2047—Jan-JuZy Refunding & improve 5s series D 2047—Jan-July Collateral trust 4%s 1975 Mar-Sepf Michigan Central- & 71 32 2%s 1980 2%s 1980 mortgage 3%s 1983—. mortgage 3%s 1983 ! 101% 96% Michigan Bell Telephone Co— Paul 16 63 mortgage General lien 1031 103% 90 103 Va *95 Corp first mortgage 3s 1966 June-Dec Metropolitan Edison first mtge 2Vis W74__May-Nou First mortgage "2 %s 1980 Feb-Aug Minn St , series A 1955-.., (Minnesota) — *50 Mead 3 V'gs debentures RR— A 2007—Jan-JuZy 4s ser registered 1997—— 4s 92 ' 98 15 *98 2%s debentures 1972—Afay-Nov Robbins & 4%s lien Prior First 1957—May-Not> Manila RR (Southern Lines) 4s 1959 —Afay-Nov May Dept Stores 2%s debentures 1972——Jan-July 3VaS s f debentures 1978 Feb-Aug McKesson 75 74 61% 77% 103 First Manati Sugar 4s sinking fund Feb . 78% 16 74 63 *95 Va Northern 75% , 91 99 101% 101% 2%s 1979__May-Aroo Feb-Aug 103 Va *82 Afay-Nov 1982 & Co. May-Nov ..May-Nov Jan-July Aprll-Oct Feb-Aug. General _April-Oct Norfolk & Western Ry first gold 4s 1996—April-Ocf Northern Central general & ref 5s 1974—Mar-Sept General & refunding 4%s series A 1974_Mar-Sept Northern Natural Gas debs 4%s 1973 May-Nop 3%s sinking fund debentures 1973 -May-Nov > M Macy Va 74 General RR— Cincinnati & mtge First 1978 ApriZ-Oct 2%s ser G 2003 ApriZ-Oct First & refund mtge 33/4S ser H 2003—ApriZ-Oct St Louis Div second gold 3s 1980 Afar-Sept Knox 81 Va 2 Northern First & refund mtge Atl 73 Va 75 Va 2% — Afar-Sept Nashville 74 15 103 101 Va 101% refund mtge 3%s ser F 2003 First & 91 Va April-Ocf 1976 debentures 75% *103 June-Dec Long Island Lighting Co.— 1st mortgage 3%s ser D 1976 Lorillard (P) Co. 3s debentures 1963 3s 67% 67% 285 —June-Dec N Y Power & Light first mtge 2%s 1975—Afar-Sept NY & Putnam fjrst consol gtd 4s 1993 April-Oct, N Y State Electric & Gas 2%s 1977 Jan-July N Y Steam Corp first 3%s 1963 __Jan-July N Y Susquehanna & Western RR— Term 1st mtge 4s 1994 ;—Jan-July 1st & cons mtge ser A 2004_ -—.Jan-July AGeneral mortgage 4%s series A 2019—Jan-July N Y Telephone 2%s series D 1982. Jan-July \ 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 *110 May-Nov June-Dec 1952 A series 91 Aprll-Ocf 1965—ApriZ-Oct 4s series 1962 7s 75% 1979 to first 5s Ry Miami general mortgage mtge 3s Lehigh Valley Terminal Ry— First mortgage 5s extended Little 62% 323 5% 66% 4s contingent ASeries Lexington & 205 73 Va 6% 61% 66 Va interest 2003— fixed 5s ASeries D E 67% 81 Va General mortgage ,55 ——May-Nor 2003 94 100% 71% Jan-July Jan-July & Port Chester— River General 65 59% — 2 Series C 96 80 66% {AN Y Ontario & West ref 4s June 1992—Mar-Sept ' mtge bds— fixed interest 2003 4s Series A Series 54 Jan-July mortgage Lehigh Valley 89 '60% Feb-Aug 1984 Railway Co (N Y) — 4J,is extended to 1974 Valley 89 Feb-Aug Feb-Aug 1974 Lehigh Valley Harbor Term Ky— 1st mortgage 5s extended to Lehigh 92% G ' 99% 100 April-Oct 1973_: Niagara Mohawk Power Corp— 5s ref 96% 6 , 3Vis Lehigh Valley 95 92% 73 V. ' Lehigh * 97 92 Va —— A 1968—-June-Dec Lake Shore & Mich South gold 3 Vis 1997__June-Deo sink & Hartford refunding AGeneral 4s Lakefront Dock & RR Terminal— mtge *94 Va -May-Not 1973——• & -First 1st 53 — L 1st 98% 95 ' — 55 *161 % 168% 101 100 V* 1 81% 1998 series B 1975 2000 2043 2043 RR 2%s gold 3%s series A series B Haven New 98 67% General mtge conv inc 4%s series A 2022—May Harlem *99 Vi * A - *98% Y 100% *106 *52% 98 1997 B series First 104% 100% 24 100% *100% 101% Feb-Aug 2013 1997- West 4s series A Y Lack & N II 104% 104% *101 ..J an-July _1 4s 4%s 1961——-—. Jan-July Kings County Elec Lt & Power 6s 1997—Aprll-Oct Koppers Co 1st mtge 3s 1964—— Aprll-Oct {AKreuger & Toll 0s certificates 1959 Afar-Sept 1961 Plain 4 Vis N 4s Mortgage 87 97 103% Chicago & St Louis— Harlem & 96% 103% Aprfl-Oct April-Oct 1998 collateral gold 3%s N Y Connecting 95% 92% *97 *103% 104 Refunding mortgage 3%s series E 1980—June-Dec First mortgage 3s series F 1986 April-Oct 94% 90% 35 3%s mortgage registered Shore York New April-Oct Kansas City Power. & Light 2%s 1976 Jun-Dec 1st mortgage 2%s 1978--, .June-Dec 1st mortgage 2%s 1980 —. June-Dec Kansas City Southern Ry 4s ser A 1975—.Aprll-Oct 1st mortgage 35/eS series B 1968 June-Dec Kfi«sas City Terminal Ry 23/4S 1974— Aprll-Oct Kentucky Central 1st mtge 4s 1987 Jan-July Kentucky & Indiana Terminal 4 Vis 1961—Jan-July Stamped 1961 Jem-July Mich A series Jan-July Jan-July Feb-Aug 3%s registered 1998 Feb-Aug Michigan Cent collateral gold 3%s 1998__Feb-Aug 3%s registered 1998 Feb-Aug General 75 75 74% High 85 85 Co— RR 103% 100 30 K & 4s Refunding & impt 5s series C 2013 N Y Central & Hudson River RR— 102 94 Central York New Refunding & impt 4%s series A *— Central Power & Light 2%s 1976—Mar-Sept Kanawha 1954 Consolidated *101 1959—June-Dec 4s A 101% ' Clear & series 102 — J 5%s 97% *— I960- 3s mortgage 1956 3 Vis Jan-July 1978 3%s D AFirst Co— mortgage series 97 103% 103% *— Mar-Sept 1977 4%s 102 *100 Jan-July 1972—May-Nor 1 Inter Rys Central America 1st 5s B Oil Pipe Line Co— 1956 C 5s AFirst Va 80 Low 99% 100 __ *85 April-Oct Feto-Aup Feb-Aug April-Oct 1954 B series Jan. 1 No. & Mexico Ry-— Texas series 5s AFirst Interstate 3Vis Orleans AFirst 101 % *100 Chemical Cory— Minerals & conv July A 1956 B series 5s Jan-July 1952—April-Oct Jan-July —Jan-July 1952 A 6s series International 1 2 Range Sinew field High *99% Junction RR gtd first 4s 1886—Feb-Aug New Jersey Power & Light 3s 1974 Mar-Sept New Orleans Great Nor 5s A 1983— Jan-July New Orleans Terminal 3%s 1977 May-Nos New Jersey 102 Vi 102 Vi Beads Friday's Bid A Asked Jan-July 3%s 1988 Jersey Bell Telephone New *90 Mar-S^pt Mar-Sept mortgage 3.20s series I 1982 {International Great Northern RR— 1st SAFirst 6s High Low No. {New 1972 debs 3Vis Co 1970 A 2%s series C 1986—June-Dee Bale Priee Low 104 Vi 104 Vi 102 Vi May-Nov Jan-July •r Period New York Stoek Exchange Jan. 1 gold Interest BONDS Range Since Ry Co— Union Refunding and imp Inland High Week's Kufi Friday Bends (Continued)— RR 4s Indianapolis Jersey Monday, February 15, 195* . FEBRUARY 12 WEEK ENDED FOR Week's Range Low 1st . RECORD NEW YORK BOND 1st . UUJU. '.J-... 108 : >■>,,< Volume Number 5299 179 .The Commercial and Financial Chronicle . . ;.f>.»a,vW anU-PiDaunie.Whrw.A*, . !• i-i.t . (-39) 31 NEW YORK BOND RECORD RANGE Friday BONDS Interest Last Period . New York Stock Exchange Sale Priee 3.70s deb conv 1964—Feb-Aug First mortgage 4%s series B 1st mtge First 355 107% 100 debentures 2%s 1971—May-No? 2%s debentures 1974 Jan-July 6tauffer Chemical 37/bs debs 1973 Mar-Sept 111% 11 Standard Oil 101 Va 101% 97% 103 102% 1 102% 102% 108 »4 108% mortgage 27/«s 1984_ Providence Terminal 4a 1956 108% Refund debentures Texas Corp 3s debentures 24 105% 108 Va Texas 86% 86% 10 85l/s 86% 98% 10 96% 98 Va ♦100% „ 2 103 First 100% First'and 100% 100% 107 ♦106 ' Texas 101 tAThird Ave Ry first refunding 4s 1960 101 101 106% — 97% 8%s debentures 1972 104% 104% 104V* — * 98 102y« 100 Pacific debs 1970 ►99% 101% Jan-Jul| 9? 101'4 104 95% 95% 94 92 104% 105% 122% 101'% 16 97% 122 „ 105% 95% 95% 1 95 95% 60 55% 60% 245 54% 60% 17% Jan-July 17 18 % 267 16% 16% 95 95 *97% *95 May-No? America 2%s Co of 1906 1977 Gas Corp 2%s 1970 mtge & coll trust 3%s 1971—— & coll trust 3%s 1972 3%s sinking fund debentures 1973 102 Va 1st mtge 96% '100% *__ ■ *97'4 108% debentures 2%s 1967 Pictures 3%s Universal debentures 96% 106 99% „ — 97% 90 19 106 *98% 97% 95 24 89 99 109% 104 % 253 *105 97 % 96 98% 109% 108 April-Oct 106% 94 '4 96% 98% *100% — June-Deo 90 86% 106%) 106 99% 97% 97% 97% 96% 96% *101 Mar-Sept Jan-July *93% 104% *104% 105% Jan-July Feb-Aug 'Z 105 5 104% 104% 103% 104% 104 104% 105% 106% 104% 104% 2 106 " 106% 18 *89 92'4 *93 98 *96 Apr-Ocl April-Ocl May-No? April-Oct 1959—Mar-Sept U S Rubber 2%s debentures 1976 97% 103 Va .104% 104% — • 4%s s f debs 1972 •. 94% 15 95% May-No? 1972 (subord) United 104% 97% 12 *95% 100 June-Deo May-No? J 1982 debentures 3%s 1st — 111 97 ►122% June-Dee RR— United Biscuit 98 100% — 111 96% 103% 104 104 debentures 1976 Feb-Aug Refunding mortgage 2%s series C 1991—Mar-Sept Tank Car 4'4s s t debs 1973 April-Oct 101 Va 102% 45 102 Va 103% 1 Quaker Oats 2%a debentures 1964 ►111 Jan-July April-Ocl -May-No? 2%s 104% 131 97 ~ 104% 104 * 96% Mar-Sept 2%s debs 1961 Oil of California 2%s Union ' '1 *97% . 94 Va Union 101% 101% — 3'4s mtge 3%s conv debs 220 *195 * *104% 1983—April-Oct 3y4s 103 \ — 96% *98 Vt and coll trust 2%s 1975—April-Oct 1968 May-No? debentures Union 100 V. 131 — 94% Jan-July Jan-July May-No? income 5s Jan 1960 April-Oct Cent ref and impt 3%s 1960—June-Dee 1st mtge & coll tr 2%s 1980 100'4 10 : *132 ~ 3%s 1974 Orleans New First mortgage 1st 26 16 u 96 98 101% 102% June-Dec 1st and refunding mortgage of Tol & Ohio 100 Vs *99% 95 99 '104 ^Adjustment 3s 99% *98 2037—June-Dec 8s RR 106% 95 — 91 94% Pacific— Pacific-Missouri Union Electric Co of Missouri 3%s 1971 *96 24 99 1985—Jan-July 374s ser E 103 *105'% May-No® mortgage M 100 2 95 June-Deo 5s 2000. gold refund General and first Tri-Continental Corp refunding" mortgage 3s 1972—May-No? refunding mortgage 2%s 1979-Juue-Deo First and Pacific 101'4 *100% urn LOW 94% 1970—AprH-Oet series C 1990—April-Oct refund M 3%s and & 100 11 100% 100% _ Jan. 1 No. 94% First and refund M 3%s series B 100 103 • 99% . Range Sine# Seld High Orleans RR—- & New Texas Mar-Sept 1963 impt M 4s series O 2019 impt 27/eS series D 1985 1965 107% 97% First and reiunding mortgage 3'4s 1968—Jan-Ju«y and reiunding mortgage 5s 2037—Jan-July. First and refunding and 105% 105% 107 First - and Refund 1 86% Bends Terminal RR Assn of St Louis- Public Service Electric & Gas Co— 3s 1966 _ 107 107 107 Friday's T . 109 — *108 1973 102% __ *108 Feb-Aug Jan-July May-No? 3'4s 1977 debentures 27/ss debentures 2%s 102% __ Term 1959 (N J) Oil Corp Bunray 93 y4 93'4 — •r Bid At Asked Low Bwift & Co 2%s debentures- 1972 June-Deo April-Oct April-Oct mortgage 3s 1983 First 98% *95 Sale Price High 3 *103 First mortgage 4'/as series C 1960 Pittsburgh Youngslown & Ashtabula Ry— First general 5s series B 1962 Feb-Aug First general 5s series C 1974 June-Deo First general 4'/aS aeries D 1977 June-Deo Plantation Pipe Line 2%? 1970 Mar-Sepi Potomac Elec Power High 101% 101 % April-Oct Plate Glass 3a debs 1967 Pittsburgh & West Virginia Ry— First mortgage 4%s series A 1958 Low Week'? Bang* Last Period New York Stock Exchange 110% 111% m Pfllsbury Mills, Inc- 3%? s 1 debs 1972 June-Deo Flttsbgh Bessemer ii Lake Erie 27/eS 1996—June-Deo Pittsburgh Cincinnati Cbic & St. Louis Ry— Consolidated guaranteed 4a ser G 1957_—May-No? Consolidated guaranteed 4a aer H 1960—Feb-Aug Consolidated guaranteed 4%s aer I 1963—Feb-Aug Consolidated guaranteed 4%s ser J 19(34_May-NO? Pittsburgh Cine Chicago It St Louis RR— General mortgage 5a aeries A 1970 June-Deo General mortgage 5s series B 1975—s April-Oct General mortgage 3%s aeries E 1975 April-Ocf Pittsb Coke <fc Chem 1st mtge 3%s 1964—May-No® Pittsburgh Consolidation Coal— 3 Vis debentures 1965 Jan-Julf Pittsburgh Jan. 1 No. Interest BONDS Range Since Sold 101 Va 101% June-Deo 1983 12 Friday Bonds Friday'! or Bid A Asked Low Phllllpa Petroleum 2%s debentures ENDED FEBRUARY WEEK FOR Week's Rang* 98% 90 90 97 97 94 97%' 96 — 97% v • & •: "85% 100 1977 Mar-Sept Bt gold 6s Mar-Sepi 1st mortgage 1996 4s series A Louis-Soulhwestem *96% *72% Bt Paul & Dululli first Paul Scioto Union V 1989 Depot 3% s B 1st Air Line debentures 3s Service Shell Oil *95% 108 VB 107 95% 123 Vb 128 134 % 136 138% 3 94 94 June-Deo *— 103 trust 103% 95% ; 7s 94 91% — West 103% 100% 10 3'/4S subord West Penn Power 3%s series I 1966 55 West deba South & North 1983 debentures Oii 2%s Ala RR gtd 5a April-Ocl 1963 Southern Bell Telephone & Telegraph Co— 3s debentures 1979 Jan-July 96% 98 VB 100 91% 95 ' 95 14 1985 Feb-Auy 2T'hS debentures 1987 Jan-July *94% Jan-July 75 70 Southern Indiana Ry 2%s Southern Natural 71 f debs s 1994 First 4'/2s (Oregon Llnea) A Gold 4 Vy.S 4V-js ser May-Nov May-Nov Southern 1st mtge 3%s Southern first Ry and consol general gold 5s aeries 4s Jan-July 106 102% 104% 96% 96% — Joint 3%s April-Oct Tel Coll conv 2%s Standard Oil Co debs 95% debs 10 122 102% 103 50 101% 24 105 106'4 4 106% 1 111 113% 107 113% 113% 1985 4%s 1967 (Indiana) Yonkers Electric Light 95 '4 96% 27 92% 3 100% April 71 71 4 69% 102% 104% 106'4i 56 61 % 62% 63 % 61 59 Vh 63% 103% 103 Va 9 102% 103% 106'4 106 % 1 105% 106% 82 103 105 7 94 97% 5 94 VB 96% 106 '4 *96 Va 104% __ 104% 104% 97 95 VB 95 VB Mar-Sepf Mar-Sepf Jan-July II *79 101 99% 117 95% 100% 102% 10 100% 102% 102 , *103'4 — 93 94% 39 87% 335 102% the „ — — 107 — — 81 May-No? 36 76 88% 89 80% 89 24 79 92 90 VB 93% 1 1 1 1 I I June-Deo Mar-Sept Jan-July II 2 93% Ci CO 101% 100 *101% ►90 101 % in y impaired by maturity. as being in bankruptcy, receivership, or reorganized or securities assumed by such companies. ♦Friday's bid and asked prices; no sales being transacted during current selling Odd-lot range, r not sale Cash sal* Ex-coupon. SNegotiability A Bonds e the year's range, d Ex-interest s Under-the-rule sale not included in the year sale not included In Bankruptcy Act, 107% April-Ocf ' 80 Va Jan-July year's range, n the year's range, the 94% 106% 107% in Included — 1982 100 98 V2 99% 100'4 100»4 102 96% 100 *99 • under JCompanies reported _ 64% — 96 Va Power 2%s 1978-Jan-JuIy & delivery not 71 June-Dec 2013 Deferred Included 96% 101 Inc— 3Vas convertible debentures 102% 16 64% Y a 101 56% 105% 63'4 Jan-July Wisconsin ►100% 101% 95% April-Ocf 55% 103% — 106 106 May-No® April-Oct Electric Power 2%s 1976 107 % 107 . 1992 mortgage 2%s 1979 ; Public Service 3%s 1971 First 103'4 105% 106% 2 ~6 56 Va 104'/a 63% *102% Mar-Sepf 1971 IA Superior & Duluth 1st 4s 1936— A Certificates of deposit— Wisconsin 124 VB 102% 106 , May-Nov first gold Products Co subord 83 Vb 94% Jan-July 1983 ASpokane Internatl Standard 79% 107% 104'/a 13 RR— 1977 Bell debentures 7 „ May-No® Orleans & Northeastern Southwestern 83% 70 68 64% ^Wisconsin Central Ry— 89 123% 124% Jan-July.. 124.Va 1956 84 VB *95% Jan-July 1994 A 6 83 83V» 89 97% ~4 107'4 56 Vt Electric Corp— debentures S A First general 4s 1949 A Certificates of deposit 89 Jan-July Memphis Div first gold 5s 1996 5s 103 . and general 6s series A 1956 April-Oct Devel and general 6%s series A 1956—-April-Oct. 3'/8S 80 78 *96% 100 — Devel New 104% 105% 103% 104% . 105% Pacific RR Co— First mortgage 2%s series E 1986 First -mortgage 2%s series F 1996 First mortgage 2'/4s series G 1961 Devel 103% 104% 105% 104% 103% A '75—June-Dec 1981 San Fran Term 47 104% Mar-Sept 1969 Gold 1977 79% 95 Va 68 *87% Jan-July Wheeling Steel 3%8 series; C 1970 First mortgage 3%s series D 1967 3%s debentures 1965Wilson & Co first mortgage 3s 1958 Winston-Salem S J3 first 4s 1960 114'4 109 VB 442 114% 111 Pacific Co— Southern 80% 77% 9 97% 104 Va Mar-Sept 1980 Wheeling & Lake Erie RR 2%s A 113% June-Dec 1973 78 22 79% 107% -Jan-July mtge 3%s ser A debentures series A 2%s Gas Oo— Vus conv 23G1 4%s series B 1976 Westlngliouse — — Pacific RR Co— ref & 4%s 96% 98% *71 92% . 80% 68 Jan-July Jan-July A 1969—April-Ocl May -Nov 1981— Western Union Telegraph Co— 30-year 5s 1960 101 97% 6 96% debentures — 78% guaranteed 2301 4s Maryland Ry 1st 4s ser mtge 1st 100% 100% 96 1st Western „ 2%s 4 registered Western 102% 2 102% 100 % *110 .' 94 95 427 29 102 100 102% Jan-July Jan-July June-Deo 1965 1976 first Shore 4s conv 2',4s 93% . — 7 8'4 May-No® Jan-July 1974— 3%s Electric Penn 96'4 50 VB — 102% 87 15 *92 1966 gold 3%s 2000 first ref gtd 93 33 96% *48 105 102 93 Va 92% mtge Income 4%s series B Jan Warren RR 100 April-Oct April-Oct 1941—Feb-Aup , 103% 105 102% 102% 4s income series A Jan mtge Washington Terminal 2%s series A 1970 '94 103) 101% 9 *98% April-Oct Feb-Aug Feb-Aug Westchester Lighting gen mtge 3%s 1967—Jan-July General mortgage 3s guaranteed 1979 May-No? 94 92% 100% Warren Petroleum Corp— Sinclair Oil Corp— Socony-Vacuum 93 Va First *100 June-Dec 1982 2%s debentures 1971 t*ASilesian-Amer Coro coll Skelly Oil 102% 3%s conv debs (subord) debs f a Jan-July April-Oct May-No? 1981 April 1991 April mortgage 3'4s series B 1971 —Feb-No? Walworth Co conv debentures 3'4s 1976—Mcy-No? — 95% 6 24 Co— Wabash RR Gen — 103% w '112 134% Mar-Sepf 1974 Pipe Line 3.20s Union 94% Gen 99 May-Sot 1977 (Jos El & Sona 2%s 1966 Beagram 86 V* 103 103£ *106% 110 3s series B 1995 First lien and ref mtge 3 %s ser C 1973—April-Ocf Ry Virginian 104 RR Co— I debentures s Virginia & Southwest first gtd 5s 2003 First consolidated 5s 1958 T 81 99 103 103% 14 97% *97 First and refund mtge 3s 101% *95 1989—May-No® Mar-Sept mtge 3s series B 1980 3%s 1 2 108% 108% *100 June-Dec April-Oct 100 Vh i 107 94% 92'% 93% 1989-Jan-July 1971 England 1st gtd 4s Scott Paper 3s conv debs 1977 Seaboard 56 10314 104 104 May-No® Nov gold 4s 1968 cona New & 74 80 Vb -- Ry— Second 4s inc bond certificates St 95 71 — __ - — 97% E J975—Mar-Sept series F 1978—Mar-Sept First and refund mtge 27%s ser G 1979—June-Deo First and ref mtge 2%s ser H 1980 Mar-Sepi 1st mortgage & refund 3%s ser I 1981—June-Deo 1st & ref mtge 3%s ser J 1982 -April-Oct 98 Va 95 — *81 1997 bond certificates First 4s 5s Jart-July mlge inc 4%s aeries A Jan 2022 May ASecond Bt let gold 98 Va — Francisco Ry Co— Louis-San *100% and refund mtge 2%s scr First ►98% 101 1996-Jan-July April-Ocl Baguenay Power 3a aeries A 1971 Second series A 1955.._Feb-Aug 1957——May-No? sinking fund series B Consol Mar-Sept 1969 3%s aeries J Adirond'k 4s *100% 102 Virginia Electric & Power Co— General mortgage 4%# aeries D Lawrence & gtd consol RR Vand&Ua Electric Corp— General mortgage Bt 13 * 81% 97% 17 99 % 100 Reading Co fiifse & ref 3%? series D 1995—May-No? Reynolds (R Jj Tobacco 3s debs 1973 April-Oct Rochester Gas 85 -85 of 77 Section week. flat. —h AMERICAN STOCK EXCHANGE WEEKLY In the Feb. 8, following extensive list furnish we a 1954 and ending Friday, Feb. 12, 1954. whether stock or bond in which any AND It is compiled from Friday STOCKS Week's American Stock Exchange Sale Price oi Prices Alloy? -1 ... Acme Wire Co common -10 Adams Hat Stores Inc. Aero Supply 3% „ Shares Manufacturing % 6,400 3% 1,200 3% 50 27% Air Associates Inc (N ,J>Air-Way Electric Appltenge Airfleet? Inc A J ax Petroleums Por footnotes see —3 1 4 page *0% —1 ' Ltd .5 2% 2% 10% Jan Alabama Jan 37/8 Jan Alabama Great 28 «4 Feb Alabama 3 Feb Alaska 2% Feb 70% Feb Jan 2Va Jan 7% Jan .10* 35. 8% 300 9% 9% 1,300 12 Va 600 % % IV2 1 Jan 9% . Feb 10'/2 Jan % Jan * 7,600 for Week Shares \ 9 Inc preferred— . 5% Kunstzijde pnie N V, rets Amei, sharesrlr- Artists 16% Jan 1 High Jan 17% Feb Feb 4% 96% Jan 09% Feb 4,800 3% Jan 5'4 Jan 3.000 5'4 Jan 112% 250 99% 24% dep Alles & Fisher conjjnon— Allied 98% Low 6,800 17% 24% Feb 25% Feb 2.200 1% Jan 2 Va Jan 2 Va Feb ,— Engineering Co Alleghany Corp warranti J Allegheny AirUnes; Inc—,- . 99'4 Range since High 107% Alk American Jan ■; .11'4 Jan 12 Va Jan 1. 13 Jan ' Airlines 17 Southern Power 4.20% Algemene 17% Corp *6 1,009 11% 8 Va 9% —r Gas Jan 7,0b(j ; Sales Range Low 2% Jan _9% Week's of Prices / Last Sab; price American Stock Exchange Amer common. 12 High Agnew Surpass Shoe Store? Alnswortb FEBRUARY Range since Jan 1 Low 28 28 2% ENDED Friday __ Manufacturing- year. WEEK STOCKS High h ACF-Brill Motors warranta. Acme Aluminum FOR for Week Low Par a on Sales Range Last for the week beginning Monday, intended to include every security the American Stock Exchange report of the American Stock Exchange itself and is dealings have occurred during the RANGE RECORD YEARLY complete report of the transactions Pictures .10e 2% 25% 1% ' 2% 2 2% 21/2 2% 2% : 2% • 22,100 -• 1,700 y. Jan 2% Ftb 7% . Corp 1 4% \V* 4%J ' 3,800 4& i 2% Jan Feb 7% Feb Feb 6 Jan Financial Chronicle The Commercial and WEEK ENDED FOR Sales Range for Week Last STOCKS Week's Jan 2% Internat'l Investing cap Brewing Co Aluminum Co of America— Altes Feb 30% Jan Jan 3% Jan Castle Manufacturing Goods Industries common —• Ambrook Industries Inc 25c American Air Filter 5% conv pfd___.ll {American Bantam Car Co class A—1 Aluminum Book Co Rubber Co American Laundry Machine American Manufacturing Co com American Maracaibo Co American Hard American American J, Arkansas Louisiana Tel Associated Cl A Coast Atlantic Atlantic Coast 25% 300 21% Jan 25'A Feb 5% 14,600 4% Jan 5% Feb 27% 1,900 26 Yb Jan 27% Feb Cessna 33 Jan 35 Feb Chamberlin Charis 350 25 35 Jan 9% Feb 21% Jan 22% Jan 35% Jan 35% 3,100 48 Jan 55% Feb Charter 11 Jan 13% 54% 12% 50 4% 4% 500 Jan Cherry-Burreli 4% Jan Chesebrough Feb 12% 13% 8,800 10% Jan 14% Feb 3% 3% 6,900 3'A Feb 31* Jan Circle 7% 8% 400 7% Jan 8'A Feb 26% 325 Jan 26% Feb 25% 5% Jan 23 Jan x4% 2,600 4% 300 3% Jan 4% Jan 11 11% 1,800 9% Jan 11% Feb 108% 109% 390 Jan 109% Jan 105 15% 17 11,200 12% Jan 17 Feb 16% 17% 18% 12,300 15% Jan 18% Feb 17% 9% 8'A 40 115% 117 114% los de Banco 22 22% 47% 49 17% Jan D Barcelona Club Feb Coastal Jan 51 Feb Jan 17% Jan Jan 6% Jan 1 Jan 16 3,000 Caribbean Feb 1% 3,400 89% 600 80% Jan 91% Jan 1% 88 88% 500 1% Feb 1 % Jan 325 85 % Jan 29,000 5% Jan 1% 1% 96 94% 6% 6% 8% 9% 2% 2% 2% Feb 96 Feb 6% (L) Baumann Bearings & Co common Inc Blumenthal 5%% Borne (S) (H Bohack 4 C) prior Bourjois Inc Brazilian Breeze Corp to Royalty 10% Jan 11% Feb 15% 100 15% Jan 15% Jan British American British American Amer dep Amer British Co ord 5,800 10 % Feb 12% Feb 12% 400 11% Jan 12 % Jan 2%, 6,500 2% Feb Columbia $5 Company convertible $3 Power common... 4% preference Rubber (E Bruck Mills L) Co Co class convertible Hill American 3 Feb 100 1 lii Jan 3% 6 Va Jan 2% Jan Jan 10% Jan 3 5% 5% 7,300 10% 200 "l% "l% 700 5% 5% 200 5% Jan 5% Feb 15% 15% 1,000 15% Feb 15% Jan 16% Feb % Jan 5% Jan Jan 9% 29% 5% 16% 4% 5% 13,200 5% 14 16% 1,700 Jan 1% ■. Jan 1 Jan 13 Feb 4% Jan 31 Jan 1% 5 41% 41% 1,100 40% Jan 41% 10 Va 10% Feb 10% 1,500 9% Jan 10% Feb Jan 45 Feb 1,350 43% 11 Yb 11% 11% 4% 4 Yb 9% 9 % 10% Jan 11% Feb 10 Jan 12 Feb 800 11% 11% 40% 100 45 Jan 4% 100 4 Jan 250 9% Feb 9 9% 200 8 % Jan 9% 25 27 % 3,900 24% Jan 27% . 93 20 88% Jan 93 2% Jan 3% 3% 4% Feb 3% Feb 3 Jan 2% Jan 2% Jan X6% Jan 8% Jan Jan 6% Jan 21 Jan 22% Feb 21 Jan 23 Feb 3% 3% 100 7% "7% ~7% 6,200 5% 5% 5% 1,200 4% 22% 22% 22 Yb 150 Estate Sugar 22% 22 800 23 5% 5% 6% 400 5% Jan 6 % Feb 5% 5% 5% 1,700 5% Jan 5"% Jan 3% 3% 200 3% Jan 3% Feb 19% 19% 600 18% Jan 19% Feb Continental Paint Cook Corby Electric California Calvan Consol Oil Camden Fire Power 12% 14,500 8% Jan 12% 89% Jan 101 Feb 51% Feb 52 Feb 11% 11% 99 99 101 51% 125 16% 10 1 2.50 52 16% 17 1,200 1,100 12 11% 12 13% 13% 6% 6% 2,200 200 16% 6% Feb Jan — 18% Jan 6% Jan 11 Jan 12 Feb 12% Jan 14 Feb 3,700 8% 200 — 8% 8% 8% 300 11% 11% 11% 2,600 % {'is 3% 3% 3s6d 12 %c Co 20% Jan 22% Feb Jan 6% Jan 8% Jan 8'A Jan 8 Jan 8% Jan Bread Canada Cement Co Ltd common 6% % Canada preference Atlantic Oil Co Canadian Canners Canadian Dredge & Dock Co Ltd common Coro Inc %. — . common '• Carman & Carnation Carolina Petroleum (The) Croft' Carr-Consolidated Carreras American Crown Crown $6 "nr footnotes Co Drug Jan 3% Jan Jan 11% Jan Feb 9% .10% Jan 10% 11% 10,200 10% 10% 10% 8,900 it 4% 10,300 410 Feb 23% 24% 325 23% Jan 4jjj 4 Jan Feb 11 24% 3% 4 • 101 % 101 % • 1 10 50 97% 5 1*6 24 Va Jan Feb — 10 5A • 29% 29% 29% 100 9% 10% 68,900 5% 8,600 5 Feb 101% Feb * Atlantic Cuban Sugar 35. Jan % Jan 18% 19% 1,900 18% Jan 19% Feb 23 23% 500 22% Jan 24 Feb 41 Jan 41 Jan "9 i-t 0 0 9 Feb 9% Feb 12 % 13 1,000 12 Jan 13% Feb 5% Feb 6% Jan 4 Jan Tobacco Curtis Lighting Inc common Manufacturing Co (Mo) common.; 1 5% 800 5% 5% 41,300 5 % Feb Jan 12 % Jan 8% Jan 33% Jan ~8% 300 8% Jan 30% 1,300 26 Va Jan 4% 200 4% 2% 2% 69,800 2% Feb 2% Feb 7% Feb 11% Jan 42% Jan * Feb ' "■ 9 9 13 100 Jan 39% 1,000 31 Jan 8,400 10% Jan 13% 20% 3,200 17% Jan 20 % 700 3% Jan • 29.% 4 4 11% 400 9% 600 Jan Jan 9% Jan Jan 21% Jan Jan 9 Va 21% 500 9 Yb 14% Jan 13 % Jan 20'A 8% 9% 21 8% 200 14% 4,400 13% Jan 5,100 12% Feb 13% 13 Curtis 29% Jan 10% Jan 1 Jan 24% Jan Jan 11% Jan % Jan 6% Feb 24% 8,300 22% 10% 11% 1,100 10% , , 5% Jan % 6 % 2,600 200 u Jan 5% Feb 7 6% - 2,000 6% 7 6 , 7 Jan 6 %• % . 1 3 Jan 1 li 5% 5% 5% 200 5% Feb 22% 900 20 % Jan 23% Jan 22% 22% Jan 32 Jan 31% -- 32 250 11% ' 31 11% 700 11 Jan ifs "% 9% 9% 7% 8 "% __ 7% 87% % 6% 12 Jan ll1'- 3,000 A Jan (A Jan 100 8% 9% Feb 8 Jan 1,000 18% 18% Jan 10'A . 500 17% 18% Feb 7% Feb 7% 100 88'A 9,200 73% Jan 88% Feb 11,400 Va Jan % Jan 6 Jan 6% 1,700 9% Jan 10% Jan 15% Feb 2% Jan 21% Jan 7% 86 li % 6 Va 6% 900 10% 15 250 14% 2 500 1% 21 200 2 2 Jan Jan 14% 20% -- Jan 7 10 10 Jan 7% Jan 18% "7% 19 19 Jan Feb Jan 142 " ~7% Jan 8 Va 9,400 18 Jan 5 40 21 Jan 150 8V4 Jan 21% 6 Feb Feb 13 Jan Jan 6% Jan Jan 12'/a Jan D 6 Davenport Davidson Brothers Inc.;. Day Mines Inc Dayton Rubber Co Stores common Mfg class A 8%. debenture & 1,000 l,7tf 300 28% 28% 5% 5% 100 17% 5 ; —100 Manufacturing 1 Dennison 6% 1% 28% 16% 17% 500 6%' 1 10c 35 50c class A common 10 135 135 180 Jan 6 % Jan 14% 1. 2.50 Crystal Jan 16% Feb Jan 6% Feb 1 i7.i Jan 29 Va Jan Detroit Gray Iron Foundry Detroit Hardware Mfg .Co 1,V Jan x27% Jan Feb 5% Jan Jan 17 % Feb f Feb 137% Jan ; Jan 12% Feb 1% Jan 2 Jan 5 Va 16% 135 12'A 1% 1% Jan 1% T% Distillers Jan 600 22% Jan 263a 1,100 Dominion Tar Dominion Textile "5% Jan 5U Durham Duval Jan 29% Jan Jan 6 Feb $7 22% Jan 24% Jan $6 13 Jan 13% Jan 600 7 Jan 7% Jan 13% 7% 73 2% 2% a. 2% 85 84 300 100 a- JS 1% 7,200 6 Jan 12% Jan H3 Jan Hi Feb 78 Jan 11 3 4 21% Jan 23 7 8 Jan 4 3,600 4% Jan 4!iS Jan ! 5% Jan 10c new__10s (The) Co Hosiery class B common Potash 10% n% Feb Jan 6% 83 Vit Feb , Feb 11% 7% Jan 9 Va Feb Feb 7 Jan 6 % Jan 7 Jan Jan 23 43 Jan 50 15% Jan 16 3 9% 200 6% 1,100 49 45% 50 1,500 16 15% 16 1,100 9 8% 1 Jan Feb 8 Jan 10% 10 41 10% 4,100 100 8,200 8% Jan 9% Jan 33% 41 Jan 34% Jan 40% Jan 42 Va Jan Jan 10% Jan Feb 9 Va 2% 3 2% Feb 2% 200 3 500 3 Va Jan 3% 3% 3% Jan 3% 8% Jan 9% Jan 5 Jan 6 Jan Jan Jan 600 29 27% * —1 26% 2% Feb 80% Jan 110 Jan Iff' Jan 3 86% 112 1% Jan common—10 prior preferred.. 100 Malleable Iron 25 States Corp 1 Gas 25% 60 % Jan Feb 66% 350 66% 65'A 25% 25 Jan Feb 25% 50 25% Jan 8% Jan 1,300 8 157 Jan 147 Jan 134 Jan 146 Jan 8% 8% 140 Associates— of beneficial int—.1 Sugar Common 9% Jan 10'A 8.009 10 "2 9% Jan 10 Yb 65% —* —* 27 preferred series A preferred series B Eastern $2 & Fuel Assn : 8% 143% 27 125 100 22 Jan 27 Feb 13% Feb 20% Feb shares preferred : Washing Machine class B—; Jan Easy Jan Electric Jan Electrographic Bond & Share common Corp common Electric 5% pfd Empire Millwork Corp Emsco Manufacturing Co —30 • 5 1 100 1 5 12% Jan 19% Jan 100 13'A Jan 101 Va Feb 103 % Jan 30 7 Jan 13% 13% 13% 1,600 20% 20% 20% 17,500 14% 102 14% 101% 102 6% 18 6% 18 / Jan 10% 6% 9% j Jan Jan 1,000 9 • Co 2% 19 % Laboratories— common 900 1,200 6% * Sulphur & Eastern "4% 3,600 13% 7% 4% ;—10 Test Corp common 4%% 350 13% 11% Feb 500 9 * 10 * 1 American Duraloy 4% 10% 1 Rubber Co Ltd— dep rets ord reg Dunlop * Jan 6 • * • • Co (Allen B) A ; 11,300 X78 Jan 23% 1 Chemical Co Ltd Co Ltd common 23% 22% 6 Co Harris Power Class 10 4% 1 Bridge Co Ltd.. ; Steel & Coal ord stock DuMont 15 1 23% Ltdi 1 2.50 Corp common.., :1 Dominion & T , 2% Mi 1U 1 common Finance Domestic 55,000 6 Co Exploration Dome 12% 1 1 is 4s rets ord reg. Corp. f. dep (The) Dobeckmun 24% 12 1 25c Ltd— Co American Diversey . Ltd.. Oils Devon-Led uc 24 10 Products Raynoids class B— & Devoe 1 1 t— • 6 Feb "2 23% 1 Jan Jan 23% 2.50 5 Dairies Inc Hosiery Mills Daitch Eastern 6 Feb Jan 4 11% Jan 11 11% 13% - —. Jan 5 13% 38% — 23% 5 * common Cuban Empire District page % Feb Feb 8% 4 — — — 5 £1 2s 6d common preferred Duro 29% — * $5 pfd_I_I__• Biscuit Co 1 see Feb 6,100 1 25c • 10 common Refining Oil Crystal Driver 3% Light dep rets A ord dep rets B ord 26% fir 13 5 • (Md) Cork Internat'l "A" partic Drilling & Exploration Co 100 Ltd— American 71 Jan % 9% 87/a 1 Crowley Milner & Co Crown Cent Petroleum Jan 400 * common & Company Jan 4 2.50 Co Co Power Jan 25% — (ord reg)—£1 « —5 1 dep receipts American Creole Vfi 3% 2 A 3% 2% 3% 19.50 Carey Baxter & Kennedy Inc 67% 125 1 • common Jan •% 400 3% l Capital City Products Capital Transit Co Reynolds preferred- class Courtaulds Ltd— $1 Jan 1,500 100 Marconi Jan 850 ' —• - & Corroon Mines. Gold Cornucopia Eastern preferred Canadian non-voting B Jan Jan Industries Ltd— Canadian 7% Ltd Ltd 900 26% 9% • • 5c 12% 11% 50o 20 Southern Oils Ltd vtc Canadian 10% 70% _« & Douglas Oil Company Dow Brewery Ltd Dragon Cement Co Inc Draper Corp common * Ltd Canada " voting A Dominion 6% 22% 8% X21% 22% 50c 1 Co 10% 26% Feb 475 • 5 St Gas Insurance Jan Feb 68 % Distillery Ltd— (H) Class Detroit SteeL • Calgary & Edmonton Corp Ltd Jan Jan 11% 21'A Engineering—1 Car-Na Var Corp..——1 Commercial Corp —1 Foundry & Machine Co__l & Varnish Co • Dejay 1 Electric Products common US Oil Aviation Feb 1,700 4% c Cable Jan ,■ Air Duke Calamba liss Feb 92 Jan 10 Ltd— dep rets ord shares 6,900 Feb 4 % 10 2.50 Biscuit Corp Burry 9,600 .9 preferred Sullivan & Mines Burma 2 Yb 10 preferred 60c Bunker 2 6 10 YB • Budget Finance Plan common 7% % Feb Jan • B Line Pipe Buckeye common common Ltd Jan 2% • 1 preferred cumulative junior Bruce 20 2 Yb 1 • : common preference Forman Distillers Brown 6% 10a reg 2nd Brown 3 6 6% 5% ! ~ Continental Class 10a 10a reg rets ord Brown 5Feb Jan 12% Ltd— dep 1% 13 10 Lines Inc..—......1.25 Detroit Gasket bearer ord rets dep American 21,100 5 i9o lo 3% Tobacco-— rets Celanese British Oil I,7* 20% Continental • common.. Jan 4% 4% 1 50c 1 * * ' 1956 ' Engineering Corp Consolidated Gas Utilities. —. ext Vtc Consolidated Consolidated 400 2% Light & Pwr ord_* Bridgeport Gas Light Co Brillo Manufacturing Co common 5% Jan - —10 Public Service Conipo Shoe Machinery— Community Liquidating 12 YB 20o Inc Feb Jan 4% -~2% Mining & Smelt'g Ltd—• • Works Gear Traction 7% 5 150 -- 1 10 1 Consolidated • • ... Foote Brad Jan 100 1 1 Consolidated 10% 8 1 Co 6% 2,500 29% Feb 2% Co common • cumulative preferred-100 Scrymser Jan ~8% 2% 12 Va • Co common & Jan 9% 12 Jan 2% • common 8% Jan 5% 5% Jan 11% 3 & Gorham class A Black Starr Jan 8% 5% 2 12% 1 1 Beckman Instruments Inc 1 Bellanca Aircraft common 1 Bell Telephone of Canada common__25 Benrus Watch Co Inc 1 Benson & Hedges common 4 Bickford's Inc common 1 Birdsboro Steel Fdry & Mach Co com.* Blauner's 7% 100 _9 Jan 100 4 5,V Corp Shoe S) (A 100 9 4% 13 10 Fund Inc Colonial Sand &' Stone Co_ Colts Manufacturing Co.: (The) Colonial Feb 92 8% -- Jan 15% 15% Beau-Brummell Ties common Beck Jan 23 - 2% 2% 50o - Jan 87 19'% 9% 10% 1 1 Inc 7 25 , % 2% 900 11% 1 Refractories Basic Jan 600 ' Jan 8% 3,400 87/a 50o • Corp Feb 7% 7% 92 ~7% — Airlines Colonial 6 % Light & Power Ltd Tr 78% 7% — _ • _10c • Products Co. Oils vtc Cockshutt" Farm Equipment Co Colon Development ordinary Jan 23 Jan 1% 1% 1% Andes- Steel Barium Jan 4% - Co Aluminum 117 Jan 1 lo Ltd Oil Jan 72% 500 10% * * 1 Clarostat Manufacturing Co 1 Claude Neon Inc 1 Claussner Hosiery Co 5 Clayton & Lambert Manufacturing.—4 Clinchfield Coal Corp common 20 45% 225 16% 17 shares American Banff 23% 5% — Co L (The) Controller 20 100 1 1 Corp Securities Baldwin Jan Feb 5 68 % - 50 preferred convertible 4%% Clark Continental — Jan Jan 6,500 9% 9% 9 Yb 3 Company Feb 29% 78 % 77% l/Ir • 4 • A__ 4% Jan 5% » 5 Cable Corp Clark 5 4% IV/2 1 Rubber common Jan 7% * City Auto Stamping —— 5 City Specialty Stores Inc common—1 Continental Class Jan 3% ~ 5 com—10 4 1 common.;... Manufacturing 12 4% Bailey & Selbum Oil St Gas— Baldwin Feb 3% 2,200 5,500 4% 9 2,200 B Baker-Rau'lang 3 Yb 42,700 3% ■ 1 Corp common Jan 8% 26% -1 Voting Machine Jan 3% 7% 13 6 % preferred non-cum 6 92 Chicago Rivet & Machine.: Chief Consolidated Mining on Inc Jan 26% 78% Jan Wire & 4% 23% 10 1 2.50 10 1 common Ltd Oil Co 5.600 — 10 2 America of Feb 5% 5 100 common..; 13% Jan 4 Co Co Corp Jan 55% Steel Aircraft Jan 16% Jan 4% 8% on Collieries Ayshire . Feb 4% 15% 3 % 3 % 3'A Corp Automatic 7% 2,000 6% Jan 500 4% 100 1 preferred 3.50% Central Ohio Feb Co— 5% Jan 50 Jan 6% 100 16% 4% 5% 12% £1 • Atlas Non-voting $1.40 series Power Maine High Low 6% 16 — • • Commodore Hotel Inc warrants Plywood Corp Automatic Steel Products Atlas Feb 1% Jan preference Range since Jan 1 High 4 12% Dec 22 '53)„• Fisheries 1 ' Line Co 50 '53 & $41 July 1 Central Tel— St $43 arrear div paid (ex Conv Jan Conv 5% America of Feb 1% 45% 12% 50 2.50 dep rets reg— American Associated Laundries 26Va Jan preference Corp $1.50 series Secur 27% 9% 22% "4 Yb 8 8 • • Co. Gas Jan 1 250 8% 54% :—1 Light $7 pfd Armstrong Rubber Co class A 4%% convertible preferred. Aro Equipment Corp Associate Electric Industries— 5% 23 «... 2.40 Arkansas Power & 1,500 35 Angostura-Wupperman —1 Apex-Electric Manufacturing Co 1 Appalachian Elec Power 4%% pfd__100 Argus Cameras Inc Arkansas Fuel Oil Corp 1 % 49 24% £1 shares Jan Jan Ltd Explorers 5% Anglo-Lautaro Nitrate Corp— "A" Central Illinois 27% preferred rets reg American dep Central Jan 13 22% common Thread 5% American Cenco Jan 11% Products Central Power & Light 4% pld Century Electric Co common Century Investors Inc Convertible preference 9 Yb 3 5 American Writing Paper common 3 Amurex Oil Development class A 5 Anacon Lead Mines Ltd —20o Anchor Post Products 3 Anglo-Iranian Oil Co Ltd— American Seal-Kap Feb 23% 9,400 1 . American 50 1% 46% 47% ——1 Meter Co * Natural Gas Co 6% pfd—21 Potash & Chem cl A conv—• Republics 10 American 97 Jan Jan 4% 26% 1 l'/a 100 5% , 26% 1 100 25 20 21 American Beverage common American 5% 1 Va 50 11% Corporation Jan 10% «... 11% Corp 23 92% 550 97 ' — & Co of America M) (A Catalin 96 >/4 97 3 200 3% 3% 29% 150 30 29% 100 preferred cumulative $3.75 Aluminum itock— 1 » 1 (Mich) common Allied Products Shares 6% 1 * 10 1 1 —1 .—1 Carter (J W) Co common Casco Products common Jan for Weel Low Par High Low 2% Allied 1 Range since Jan Low ^ Sale Price Exchange American Stock Sales Range of Prices Last STOCKS Shares of Prices High Sale Price Erchanf# American Stock Monday, February 15, 1954 * . FEBRUARY J2 Friday Week's Friday . EXCHANGE AMERICAN STOCK RANGE . 200 6% Jan 100 17% Jan 14% 18 % Jan Jan 1' Volufne 179 Number 5299 . . The Commercial and Financial Chronicle . (741) 33 AMERICAN STOCK EXCHANGE RANGE Friday Last: STOCKS Week's Range of Prices Shares Par Equity $2 Corp common convertible 10c 1 ; preferred Eureka Corporation Ltd $1 Warrants Eureka Low ... Pipe Line 2% 2% 35 2% 33,200 34% 35 1,550 4% 5 200 n ia % 10 % 24% 230 2% Jan 35 Feb Jan 4% 5 Jan A Jan A Jan 17 Kawneer % Fargo Camera Oils Instrument & Ltd 1 25c . Federated-Petroleums Ltd.. Fire Association * ; (Phila) 10 Rights Firth „. Sterling Fishman Flying . Ford (M Tiger A Class Ford of Inc. 8% 8 % 5 33i/4 33% 34 • 11% 11% 12% 39% 27/a Jan 5,900 3jg Jan 413 County 46% 47 3,000 431/2 Jan 72% 24% 8,500 203/4 Jan 24% Jan Jan 4% Feb 4% 4% 4% 14,700 3% 10% 10% 200 10% Jan 1 6% 6% 63/a 3,100 5 3/s Jan : _• 82 81 84% 9,300 87% 87% 25 5% 5% 1,700 5/s % 1,500 4%: 43/8 300 5% 5% 5% 6,600 12% 12% 1Z% 1,200 of Pitt-Brewing Co A; 1.25 Co., 5 Power Co • common 23% 23% lpO Mfg Co common... Acceptance Corp. > General r General Finance i General Fireproofing I 1 — Alloys Co 1 General Builders Supply Corp 5% convertible preferred. , Electric Co dep 1 Jan 84% Feb Jan 87% ord 11% 11% 1% 4% Jan 5% Feb A Jan % Jan L'Aiglon Corp 5% pfd A Class 5 27% Jan 4% Jan Lake 4% Jan 6% Feb 10% Jan 12% Jan 4 & 2% 2% 8% 9 Co... Distilleries Rapids class B Jan 6 A • Lefcourt & Oil Liberty Fabrics of N 16 16 Jan Jan 200 7"% 16,900" Jan Loblaw Jan Hearn F 10 Electric Brewing Mfg Co Heller Louisiana Jan Lunkenheimer 11% Jan 107 Jan 178% 104% Hoe * & Horder's Horn Horn Lynch Corp 21 Feb Manischewitz 6% Feb Jan Mapes Consolidated Mfg 8% Jan Feb 11% , 4,300 % Jan 90 1 6 6 % 135% 303/4 300 241/2 23% 300 135% 136 16% - 16% 2% Public Stores Marconi : 7 B) Co International Communication Co ! 10 23% Jan 6% Jan Menasco Jan ' 174 Jan 136 17% Mfg Feb Mesabi Feb Metal 19% Jan 7% Jan Michaels Jan Michigan Bumper Corp Michigan Steel Tube Michigan Sugar Co common 17% Jan 6% Feb 3,450 14% Jan 13% Jan 15 14, Feb ■' — -— 2 2% 2% 24 %. 24% 100 22% 55% 55% 55.% 600 — Iron Co Textile 1 Corp Participating 52% 1,600„ Middle States 1% Feb 2% Jan 2% Jan 2% Jan 22 Jan Midland Oil Jan 25 Jan Midland Steel Jan 55% Feb $2 300 1% Jan 1% Jan Midvale 2,700 3% Feb 4 Jan Mid-West 2,800 8% Feb 10 Jan Midwest 2% 200 2% Jan 2% Jan Mid-West 34% 4,100 26% Jan 341% Feb Miller Wohl Co 4% 400 2% Jan 4% Feb 4%% Mining 1,100 6% Jan 7% Jan Co $1 Jan 23% Jan 13% Jan 14% Jan Missouri 21 21 2,100 191/4 95 97 180 71% Jan 21 93% Jan 97 Feb 20 70 Jan 72 Feb 400 9 Jan 10 .-Feb Feb 2% Jan 21/2 Jan 6% Jan 7% Jan 10 8% Jan 8% Jan 5 • 11 200 10% Jan 11% Feb 12% Jan 14% Feb Morris 200 2% Jan 2% Jan Mt 13% Hardart Hurd Lock & Manufacturing Hydro-Electric Co Securities Jan 12 Jan Corp , preferred C. series 16 Jan Jan 33 Jan Jan 26% Jan 25% 75 22% Jan 23% 3,000 21% Jan 91/8 2,200 73/4 Feb 11% 500 11% Jan 15,100 23% Feb 9 »/8 Feb 12%, Jan 19J Feb 750 221/2 Jan 3,200 11 »/2 Feb 13% Jan 15% 15% 1,600 153/a Jan 163/a Jan 3% 3% 3% 14,000 23/4 Jan 31/2 Jan Jan 7% Jan 22%' Feb 25 Jan 7 !> ns 50,000 6 30% 100 25 Jan 30% Feb 17% 18% 8,000 15 Jan 191% Jan 63/4 6% 100 56% 56% 10 2% 2% 1,500 5% 5% 300 12% xl2% 7 18% ~5% 12% "7% 7 Jan Feb 56 Jan 571% Jan 23/s Jan 53/4 Jan 1,100 113/4 Jan 1 300 % Jan 1 Jan 7% 7% 700 7% Feb 8 Jan 15%, 15% 12% 12% 6% 2% iu 13 .„ 600 13% Jan 4,200 14 11% Jan 14 25 25% 14 * 25 11 11% 10% 51% 24 2 1,800 4% ; 13 % 700 500 2% 4% 31 24% 450 5% 26 2% "4% 200 14% 5% 253/V 700 31 12 43/4 30 100 ,. 10,500 10% 104%r 104% Jan 6 Jan 13% 15% 13% Feb Jan Feb Feb 14 Feb Jan 25% Feb Jan Jan 141/2 5% Jan Jan 26 Jan Jan A Feb 3 Jan Jan 4% Jan Jan 31% Feb Feb 12 Feb 105 Jan 25 103% Jan 34 2,800 30% Jan 423/e 43% 4,000 96 %: 96% 10 32% 34% Feb 40 Jan 44% Jan 95% Jan 98 Jan Investors participation pfdi—• Corp of America——10c Plan Clemens 6% Metal Products Jan 98% Jan 103 100 2% Jan 2% 176% 176 'A 20 172% Jan 176% 2% cumulative preferred - 36% 37% 300 6 % 6% 6% 1,100 Mountain States Power common—.7.25 Jan Mountain States Tel Tel Feb Muntz Vernon-Woodberry Mills "5% 3% 17% 2.50 18% 100 1 Murray Ohio Mfg Co.— 5 Muskegon Piston Ring common—2.50 Muskogee Co common ..10 Muter Company common.. 50c 1% Feb Jan 37% Feb Jan 6% Jan Jan 33/4 Jan 3% Jan 3% Jan 16.., Jan 18 13,900 17% 18% Feb 109:!4 990 IO51/4 Jan 109% Jan 1% 18'/a 109% Feb Jan , 5% 100 17% Jan 3% 34% I 4 Mt & : 1 Feb 106% 1041/4 970 2% 102"% 103 100 Feb Jan 23% Feb 12 42% 13% 18 11% Feb 15% 22% 33 45% 132 Jan 2IV2 100 24% * Jan Jan 11 700 15% 11% pfd._._100 common Jan 800 19% 50 100% Jan 103% Feb 30 30 100 24% Jan 30% Feb 61% 61 % 62 10,100 57 Jan 62% Feb 5 3 _♦ Hygrade Food Products 19 % 101% 102 5 stock..* Feb 200 223/4 9,500 1% Jan 1% Jan Jan • 18% 109 40Q . Jan Feb 4 18% ...100 common Jan 24 1 Service 13% 131 ♦ Oil & Refining capital 11% 50 • 44 % ' Baking Co Inc 200 • common (Harvey) 13% 11% 20% Loan Moody 8,400 .2% 12 Jan 11% Society com class A_.—1 Montgomery Ward & Co class A—___• 14.% 15 10% 241/4 100 cumul preferred series B..100 4.80% 2% 300 11% 8% Power Co— cumulative preferred 4.50% Monroe 13% 12 — of Public 4.40% 10%. 12 Jan Jan Monongahela 10% » &i> Co___. Corp Molybdenum 14%. 2.% 23 % 1 preferred 21% 2.50 Jan 11% 5% 50c common. 50 ___i 22% 8% 25% Refineries convertible 175 1,500 50 400 22% 23 50c 13% 2% 57%, Feb 25% —5 Co 22% 2% Jan 33 • common 13% 2% 51% ll%xll% • Abrasive Piping 22% 71%: 1 shares 13.% 10. 141/4, Jan 6,500 Feb Jan 3 15% preferred—* conv 22% 9% Jan 57% 23% 47 113/4 21%- 22% 1 Canada Minnesota Pwr & Light 5% 10 44% Feb 10%> Jan _23/a Jan Products— 1% 20 % 25 2,000 • common dividend 2V4 95 3/4 2.50 Corp Corp non-cum 9% 7 47 Feb i 3% 6% 1 10 Petroleum 1% "7 Jan 1 Feb 8% 3% 6'A 11 15 Inc preferred 3%. 32 Jan _25c common preferred., Brothers 21% 34% 6 30% 2% 16,000 ~9 250 7 Jan 500 Jan 6% Jan . Chapman & Scott Corp- Jan 612 2% 5% 23% Warrants 2 14% '2 42% 14 1 Co 132 6% 1% 33/s Jan jan 56% 57 Merrill Petroleums Ltd Jan 6 Feb 300 Jan 43/4 15% • 10 210 14 3% 39'% 22% 44,600 — 500 300 300 ~2% ~2% 2% 1 Jan '14% 14 3% 6 % * Feb 6% - Jan £1 Massey-Harris-Fcrguson Ltd Jan Jan 3,000 Jan 41/8 Jan 42% 5% 5 • Ltd 44 15% 17% 41/a Jan 7 Feb Jan Jan Marine Co 26% 166% 23% Feb Feb 3% ...• , Jan 14% i preferred Hubbell (The Jan 400 18-% 7% 3% 100 5% 9% 17 41% 1 common Jan 1 (Geo A) Humble Service % 2,000 2 % 18 20o 4,900 Jan 3% 1 __ 7% 4 4% M Jan 44 Jan 4% "3% 2 Jan 12% 253% Jan 153/4 1 19% 523A 42 % 8% 400 3% 0 24 ■ 1,100 7% * „ 10 10c & , Co Co common Hardart t (The) Co Feb 25% * 1,200 4 %- 47 Mangel Feb , 5% 9 Vs • Jan Products & 5 7e A 12% Jan % 7% 4 11% 16% 9 16% 1 Jan 22% - 5% 9 10 12% 40% - 5% 16% 1 2 Inc Hormel ' 5 Maine 300 3/4 100 A Feb Feb .100 class 63/8 5 Y • Hollinger Consol Gold Mines Holly Stores Inc Holophane Co common Jan Jan Mackintosh-Hemphill 83 25c preferred 4% 53A 13 Jan Jan —1 common Jan 1,800 Jan 78 5 common 4% 6% Jan 2% 70 _10c common 200 •' 9% 10 83- 1 Co Feb 4% 6 1 Jan 81 1 : 14% 4%. 6 % Jan Feb i Inc Feb 4% Jan 44 25 _ Co Co 4,900 143/8 1 2% Jan 2 convertible (R) 14% 6 3/4 Jan a 25c ♦ Steel Jan Land & Exploration 4 common Mfg 5% 73/B 7% 1 preferred Hercules 200 x8% 32 _♦ preferred Higbie 7% 5 class Jan 450 • Co Henry Holt & Co t 7% Jan Feb Jan 300 166% 169 Ltd ... Co Feb Jan preferred Micromatic-Hone Corp 5 % r/c 4% 12% Jan 1 Jan 1% 9c Lithographing A Jan 1% „ Jan 330 50c Light Rubinstein Class Jan J ari Jan 1 114% 5 Dept Stores Mining Co Helena 173/4 16 12 400 10 Jan Feb Jan 1% Lodge & Shipley (The) Co Longines-Wittnauer Watch Co 11 % 166 V4 Inc Co ) Hathaway Bakeries Hecia 12% 9% % 16 15 . 3,400 10 B Jan 1% ___2 Brewery Co Bridge Hazeltine 700 1% Inc... G) Groceterias Steel Merrilt Co Hammond Organ Company i Havana. Jan 3,900 Jan 10% 3 Vs Feb Jan 27% 22% • Leases Laboratories Harvard 3/b % 16% 5 52-% ' Hastings Jan Jant Chain 104% — (R cumulative 6V0 Hartford Jan 93/4 Jan Locke Tea— Chemical Western Tourneau 5% Jan H . 34% Jan 93/4 9 Jan 8% 26 1,700 200 21- 16% stock Inc Freehold Lamp Feb 9% 23/4 5.%' Jan 44- Grocery Stores Products common—5 Gypsum Lime & Alabastine • Hall 313/4 100 1 common; Le 1,400 100 & Realty Feb 2,600- " 5 preferred Lakes Haelan 3 900 50c Feb 39 1 Pacific Hydraulics Hamilton Jan 200 preferred Jan 9.3/8 11% 47% conv 1% • Co common Great Griesedieck 2% 27/a Extension; University cum Feb 4 6'/a 5 class Varnish Greer Gridoil 3 22 %- 1 Inc Manufacturing Atlantic 5% 1% - 9 6% 25% 1st 700 Jan 1% . Lear Inc common.. 11% 2% 1 21 10 Manufacturing Co ; ..50 Manufacturing common ___4 Graham-Paige Motors 5% conv pfd__25 7% Feb » Non-voting Jan 2% Co Jan — Goodman Great Feb 109% Sessions Jan 125 — 9 "n Grand 23% Jan & Salle Jan 350 118% __ 7% Co Jan 105 . 11% 118 __1 Gray 42 1% Mines; Ltd Lakey Foundry & Machine Lamson Corp of Delaware 1% . 1% 10% 8% Gorham ■* Jan ~2% Shore 1% 50 __ 1%- 1 prior preferred Goldfield Consolidated Mines j 343/4 L 10% 1,000- • Sugars 21% 5% 27% __ .1 common. B ; Jan 325 33 %c . Inc 1,400 9 27% • $4.50 v 123/4 3 12% 1 2,500 V. — 9 10 common Coal Union Godchaux 1% — • Gladding McBean Glenmore 37 Jan 20c Co Company Apparel Class Mich Corp.. Giant Yellowknife Gold Mines Globe 6,800 T% : 25 preferred (A C) Gilchrist Co 7,000 11% 1% ..£1 reg Gerity f Jan 10% % 12% Jan 30'/4 Feb Ltd— rets Georgia Power $6 preferred Gilbert 6 "1% ___• com 6% pfd 100 General Plywood Corp common 50c ; 5 7c convertible preferred 20 * General Public Service $6 preferred..* Alden 5 8% Jan Jan 40 16 7.50 Krueger Brewing Co 71 106% 1,600 *..*• General Outdoor Adv Glen % • Co., , (The) I Forge Kroy Oils Ltd Laclede-Christy 23% 5 s $5 Rubber Kropp ' 1 General < 8 Feb h\ 400 "9% ~9 % — 1 Jan 2,200 __ 65% • :_1 : l Brewing American B) " % preferred General 300 , 10 (I Lam son 1 8% 1% 1 10 La 5% 2% 11%. Jan 600 • receipts bearer (Peter; Gatineau 50 1 Hotels Corp Kobacker Stores Jan 1% 29% Jan France,— Fox ; Gellman preferred Knott 1.1% Feb 6% common Kleinert Jan 23% Lighting 50c preferred Kirkland Lake G M Co Ltd Klein (D Emil) Co common Jan 46 3 4 • deposit (Geo Feb 2% 1 Jan 11 * cumulative High 26% 300 Ltd— Fort Fuller 24% Jan Low 29% .5 Kingston Products Kirby Petroleum Canada— Co Motor Jan 1% 10'/a voting American 4-3/4 20% 24 American deposit receipts ord reg__£l Ford i 700 2 2.50 non-voting B Motor 110' 4% Inc Range since Jan 1 High 28 % Kings Feb 18,000 24% Hi' 4 1 V ...1 Inc Co Line Motor Class » Inc H) 23% 23 % Shares Low • Key Feb 24'% for Week Kenwell Oils & Mines Ltd Co common Kidde (Walter) & Co 1A Feb Jan Par Co Kennedy's Sales Range Sale Price 1 Feb Week's of Prices Last American Stock Exchange High Jan 33 6,700 20% 22 2 ( 4% Fairchild 13 Friday 22,800 . common. FEBRUARY STOCKS Low 25c or ENDED Range since Jan 1 High 1 Esquire Inc WEEK for Week Sale Price American Stock Exchange FOR Sales 5% 5% 5 12% 12% 13 • 12% 13 13% Jan 3% Feb 100 4% Jan 5% 12% Jan 13% 123/4 Jan 14% Jan T 1% 281/2 Jan ~7%, "73/8 700 Jan 7% Jan 30% 31% 100 29% Jan 31% Feb 6% 6% 400 53A Jan 63/a Jan 14% Jan 4% 4% 200 27% "73/8. 6 % •' 7 Jan 2,250 Inc Feb 400 TV N I Illinois Zinc Co Nachman common Imperial Chemical Industries— i , , American dep receipts registered._£1 Imperial Oil .(Canada) capital stock..* Insurance Co of North America.. International < Cigar Machinery (International Metal Industries International Petroleum International , Iowa A Ironite 100 Jan 73/4 Jan 28% Jan 36% Feb 9% Feb 7%. Jan ' 98 98"% 70 92% 95'% 2,000 10 3/s 8 Jan Jan • 32% 34 75 91% Jan 98% Feb 83 Jan 95 % Feb 19 92% Jan 19 Jan 31% Jan 34 Feb 23% 23%' 24% 12,400 19% Jan. 24% Jan 5 11% 11% 11% 500 10% Jan 11% Jan 4% X3% 4% 2,400 3% Jan 4% Feb Alfalfa Milling 3% 100 3 3% Manufacturing v t 10% c Inc 88 88 9,900 10% 10% 20 23/4 200 84 Jan 3% 9% —-1 Dehydrating National Mfg National common : & Stores common Ltd Petroleum National Industries Phoenix • 1 Air Chute 1 6% "3% 6% 3%' 4 300 2,900 Presto Radiator Glass Co 1 common Jerry O'Mahoney Inc Julian & Kokenge Co Jupiter Oils 10c National Rubber Starch National Steel Transit 15c Kansas Gas & Corp 1 Union Radio 103/4 Jan Neptune Meter common 6 Jan 6% Feb Nestle Le 3% Jan 4 Feb New British 3% Jan 4% Feb "l% 1% 1% *7,900 1% Jan 1% Jan 15% Jan 15% Jan "2% IB 2% 38,300 1% Jan 2'/8 Feb Electric For footnotes see 4%% cage 35. pfd 100 2% 9,700 2% convertible Idria New Jersey Mexico & New & Watch Co preferred Park Process York Auction York & 2% Jan 2% Jan New 104% Feb 104% Feb New York Chem Arizona New Co Land Mining Co Co Jan 1% Jan 2% Jan 17% Feb Feb. 13% Jan 12. 1 1°.T 2% "111 14,100 2% 16,100 1 Mtf 2 Jan Jan 7%, Jan Jan 1%, Jan 2%, Jan 11 400 10 Jan IOV2 12% 12% 400 12 Jan 12%, Jan 17% 165,8 18 3,800 16% Feb 18% 17% 16% 17% 3,500 23% 21% 23% 1,700- * 151% 18% 26 ~3% ~3% '1% 26 % 4% 2,300- 1% 25% 4% 2 1,700 800- 100 2% 3 Jan Jan Jan Jan 17% 23% 26% 33/4 Feb Jan Feb Feb Jan Feb 1% ,Jan 2 24% Jan 28% Jan 4% Feb 4% Feb Jan 2 common Co Honduras common Rosario Merchandise 18,600 1H. A Feb 119 120% 2,900 115% Jan 120% Feb 3% 3 3% 3,000 2% Jan 3% 9 8 9% 2,750 7 Jan 9% Feb 50c 1% 1% 1% 21,500 1 Jan 1% Feb 38% 38% 4Q% 38%. Feb 42% Jan 1 13% 13 »/8 13% 1,900 14% Jan 1 Oil, Ltd Zinc Min 53/4 15% 25 Dominion New 3,000- 11,900 10% 1 common Clock & Haven 4%% Co 2,700 2% 12% 2 2.50 England Tel & Tel 600 2% ~1% 1 30c common National Jan Mur 7 17% . Feb 4% 2% 10c • • Jan New Motors —25c 2 17% 1 Ltd 88 New Kaiser 1 6% • 10 Machinery Products Car Jan 4 • Ltd 6% 2% 17% —.—1 Inc Co National Research Corp National Jan 4 Industries National National New Jeannette 1 —* 1 Hess National Fuel Gas 15%, Feb, 43/8 Jan 4 & Co Bellas National New Irving —10 —— Inc National _1 Co— preferred Iron Fireman 10% 52,000 10c Resistance Co Service 10% 36.% capital stock.* Royalty Public: 3.90 7c 32% • International, Products Investors 5 National 73/4 35% Imperial Tobacco of Canada 5 Imperial Tob of Gt Brit & Ireland__£l Indianapolis Pwr & Light 4% pfd__100 Corp Namm-Loeser's 1% 1% 4,800 40c 100 1 20 2 A A " 120 1 19,200. 113/a Jan % Jah 45 • 9 3/4 * 10 26% 26% 550 10 7% 8* Vs 450 Jan 25 7% 1% Feb Feb Jan 52 Jan Jan 10 % Jan Jan 27 Feb Jan 8% Feb vi 34 Chronicle The Commercial-and Financial (742) •--••• ■1 «'*■ >' «? >' »>V. Monday, February 13, 1934 . 1 M-r m AMERICAN STOCK EXCHANGE RANGE Last STOCKS New Share Corp Niles-Bement Pond Lites Noma » common Mines Nlpissing * 1 Inc 22 Texas Oil Central High 1,400 22 27% Feb 17 '17% Seaboard Jan Securities 16% Jan Feb Seeman 1.400 1% Jan l7/a Feb Selby 418 4% 47,000 174 4'/a 3,400 4% Feb 5% Jan Sentinel 22 x'/« -»0 pld—LOO Ind 414% Pub Serv 8.000 1% 1% 39'/a 1% Servomeclianlsms 200 41% Jan 2% 11,500 1% Jan 2U Jan 22 % 2,100 18% Feb 22% Feb 4% 4% 2,200 3% Jan 4% Jan 87% 99% 39% 2/« Jan 87% Jan 150 100 99 39 Jan 95% Feb 100 Jan Sllex Qaftjn Corp Mo 3% Ohio Power • 100 48% 109 4xkz preferred Ltd Oils Okonite Company -Mo 7-50 Gas Natural Oklahoma preferred— cumulative 8% o/» Securities — ■hnoj 17% 17% — — Jan Jan Jan 98 8% 150 Feb 9% Jan 6 300 10 /4 16 — 40'% 40% 14 14 4 Jan 6% Jan 16% Jan 17% Feb 3% Jan 4% Jan |Feb 17% Co Can Jan South South 37% Jan 41% Jan Southern 13% Jan 14% Jan original preferred 4.88% cumulative preferred 4.56% convertible preference 4.48% convertible preference •4.32% cumulative preferred 4l08% cumulative preferred— Southern Pipe Line Southland Royalty Co—— Spencer Shoe Corp Stahl-Meyer Inc— 5% % 35% 35% 35% 2,300 33% Jan 35% 31% 32 % 1,400 30% 32% Feb 1st' preferred • i1st preferred——23 A—25 25 Pacific Lighting $4.50 preferred • $4.40 div cum preferred • $4.75 dividend preferred • Pacific Northern Airlines 1 redeemable 6®% 1st 1 Ltd— Petroleums Pacific Pacific Power & Pacific Public Service Oil Pantepee Paramount (C A) Pen Corp class 28% 600 27% Jan 28% 28% 700 27% Jan 27% 1,200 26% Jan 28% Jan 27% Feb 103% 104% 320 98% Jan 102% 100% 102% 140 105% 340 105 102% 4,700 2% Jan 2% 9% 8% 9% 20,300 8% Jan 9% 101% Jan 103 Jan Jan 26% Jan 26% Jan 2674 Jan 71 Jan 73 Feb % 1% 1% 8,600 5% 5% 5% 13,700 1 Jan 1% Jan 4% Jap 5% Jan 53 ~4 4 % 13% 1,200 13% 100 Jan 4 > 13% 54% Feb 100 8 13% Jan 14% Jan 7% Feb 8% Feb Feb 26% Feb 6% Jan 5% 200 5 % 100 5% Jan 5% 13% 5,400 127/b Jan 137a Jan 5% Feb Penn Corp Water 1 common & • Co Power Pep Boys (The) Peppered Manufacturing Co Perfect Circle Phillips 'PMllips (Mass)—20 —2.50 • _10o t Pidree .Governor Common Pinchin Gold Scale Pratt & Lambert Stroock Sun Ray 64% Jan Jan 15% Feb 6% Jan 4 Feb 500 Jan 3% 200 Feb Jan 23% Feb 26 Sunrise Corp — Cement & Die Co Tool Oil Feb Feb 31 Feb 17% Jan 18% Jan 23% Feb 24 Feb 3% Jan 3"% ; 32 Jan 33 Jan -- Jan 5% Jan 1,400 4% Jan 2,700 1514 Jan 16% Jan 4,900 30% Feb 35% Jan Jan 3% 5 Jan "i% Feb I,200 7% Jan 7% Jan 900 5% Jan 7% Jan 5,000 28% Jan 32 46 Jan 47% Feb 27 Jan 28% Feb 34% Jan 35% Jan 5% 5% 'V* 7 10,600 250 500 100 30 7% 7 32 46-,4 47/2 28 35% 32 % 25% 24% 28 /s 35% 32 ,« 26% 24% -- -- 43 /4 478 4.1,4 5 — — — — 25% — 43\4 47u Jan Feb __ — 11% 44 17% — 13% — — __ Corp Jan 26% Jan Feb 25% Jan Jan 100 41% Jan 44% Feb 1,000 4% Jan 5 V2., Jan 3% Jan Jan 6 5% Feb Jan 1% Feb 2 700 3% Jan 4% 100 18% Jan 1,100 11% Feb 12% 2.1Q0 41 % Jan 44% 2,900 4.700 20 Jan Jan . Jan Feb 18% Feb 16% Jan Jan 27% Feb 13 Jan 13% Jan 13% Feb 13 % Feb 500 25 6,000 100 1,100 8% Feb 9% 6,300 4% Jan 5% Feb 200 4% Jan 4% Feb 200 3 '/a Jan 3% Jan 100 Jan Feb 3% 2% Jan 16% Jan 18 14 200 Jan 32 Jan 30 1,200 14 % 14 __ 33% Jan 24% __ __ — Jan 25% 5% 13% 8% 5% 4% 3% 3% 32 32 2% 3% 8% 5% 32% 100 13% 8% 5 4% — Feb 15 Feb Jan 9% Jan 9% Jan Feb 214 Jan Jan 3% l7/« 1% l7/« 1,700 1% 27/b 274 21 % 13% 28 % 3% 21% 1574 28% 19% x5% 9% 39% 1,000 2% — 1374. 28% 19% 25c 1 • *.—1 15 Inc 700 1,500 1% 1% 4% 4% 19 19% 11% 12V4 43% 44% 17% 17% 26% x2674 13% 13% — —• common. Superior Portland Finch -- — 5 1 10c 1 * 5 1 com common—... & Co 105% Jan 5 Jan 1,800 5 16% 32% — —• Drug common Supermarkets Corp Superior Swan 5% B) (S) Jan "l% 2 2,800 2% 3,300 2 Jan 2% 19% x5% 9% __ 39 39 20% Jan 21% Feb 9% Jan 15 •% Feb Jan 100 18 4% 200 31 Jan Jan 26 1,200 19% Feb Jan x5.% Feb Jan 800 x9% Jan 10 175 38% Jan 39% Jan Jan 3% 17 Feb Feb 3 9% Feb 10% Jan 14% Feb 10% Jan 14 Feb ,52% Feb x54 3,175 15 17 13 1374. 300 12% 1274 550 53 12% 13% 106 109 400 35,900 12% Feb 15% Jan 150 II,700 1,370 65 % Jan 69% Feb 35% 34% 35% 900 33% T Feb 69% 3 1 6% 3 7 ~3 "a 2.50 5% x3 6% Jan 800 3 21% 5% 3,900 5% 2% 1,200 1 36 of 42 % —• 42% Jan Technicolor Nevada., 1 Cq> class B Providence. Gas Public Service of Colorado— 100 40% 100 9% 700 9% Jan Texas Power Thew Shovel 3% Jan Thiokol 6% Jan Thor Feb Thorofare 37 3 ,:i„ 9,100 2lA Tobacco & Jan Tobacco Security 1% 1% 10% 1% 200 10% Jan Jan 1% Jan Jan 11% Jan 8% Feb 101% • 8 33 74 33% 33% 500 16% 16 16% 500 14 Jan 16% 33% 33% 34% 250 33 Jan 35'/a X103 8 350 99% 31% * X103 Jan Jan 35 Feb Jan Tri-Continental True t»L >Qt> 8 Feb .'16 Feb 200 21 Jan 24 Jan 6,200 7 Jan 19 43 43 — 14% 700 874 19 447/» — registered—£l Inc Feb 500 18% Jan 19 Feb 700 39% Jan 44"% Feb Jan u Jan 700 44% Jan 57% Jan 1.400 3% Feb II 52% 54 374 4 x99% x99 % l%i 17» 2 fa 2% 3% 3% — 3% — 1% 2% • • — 20% ' 50 Feb .100 Jan^ r%m. Jan r iJ"2% Jan, Jan Feb i ./(%• Feb /Jan" 18% 'Jan / /' \2*% Feb' Jan - 2% 1,100 4 27,400 150 — — 4y» Jan Jan., 1% 2 11,300 21 -- 94 2,500 47a 4n. 474 warrants Corp Temper Trunz A 8% Ltd— Co deposit rets def registered—5s Shipyard Corp common 20 Royalty Corp _70c Toledo Edison 4'/4% preferred 100 Tonopah Mining of Nevada _1 Trans Empire Oils Ltd. -• Trans Lux Corp 1 Jan 3,500 Jan 1,900 Amer Feb lo 101 8 %' Trust Amer deposit rets ord Jan 107« 15% 8% 19 8% Toklan 100 8% Stocks.. 9% Jan 11% 22J% 1 1 Todd Jan 1,200 3 % *" 5 Feb Feb 24' 21% Jari 10% 14% __ 22 Jan Feb 109 Feb 106 75 1,100. 23% Jan 14% 22 10% —20 10 Jan 21% 23% —.25c common Markets Inc—; Allied __ 1 Corp Corporation 10 9% Jan ~8% Pff&ne Manufacturing Chemical 13% —.5 common 52% __ • pfd Light $4.56 Co Roofing Inc .: Tishman Realty & Construction.. • com & common 43% Feb 10% 1% • 4*4% cumulative preferred Puget Sound Pulp & Timber Pyle-National Co common. Inc Jan 3% Jan 9% 2% 3 1 Prosperity 43 9% 12% 1 23 Jan 13 5 * Jan 9% 1< Preston East Dome Mines Ltd— —8 common— Tilo 2.50 common America A common Tampa Electric Co common 5% Feb 150 B 8 Jan 37 class Inc Class Jan Feb 250 Talon 35% Feb 22% 3% 36% common 2,300 Feb 2 Jan 3% 22% 10 Co of 11 n. 1 in 2% 68% 100 Inc. Corp Feb 14% 600 4 (Hugo) 60 %■ 100 23% (J Jan 102% 1,100 /z 32 1 Stop & Shop Inc Feb 3% 2% 6% 1st preferred Producers 3% 23% 14% 40 % 5 common 0 Metals 550 6 % 6 25c Alexander Prentice-Hall 14% ~6 63% Jan Jan 69% common Mining Co. Corp of Canada Pressed 3% 62% 1 common PbWer <":8% 38% 100 1 Plfeksant Valley Wine Co "Powdrell & 1,350 3% 50 common— Pittsburgh & Lake Erie Pittsburgh Metallurgical Pittsburgh Railways Co Pheiumatic 41% 3% _1 Ltd Mines Piper Aircraft Corp •Ptflfcris 39% 63 Stetson 83% Ltd Amer shares—10s Johnson Pioneer 41% 1 Corp Packing Co Screw Co— 13% 3 5 16 30% 7 • Stinnes Pennroad Jan -- — 5 (A) 74 26% — 1 Corporation Parts 41% Feb ■ 3% , B Sterling Aluminum Products Sterling Brewers Inc Sterling Engine Co Sterling Inc Jan 13% 2.50 5% 5% 5% Corp & Co common Steel Stein Jan Jan 160 .<4 -- 5% 25 25 25 1 5 1 Corp— Steel Co of Canada ordinary Jan 16% Feb 4% 1,900 18% — ^^.2.78 common 1 Co class Tube 8% Feb 40% - 16 32% 25 25 25 (The) Btarrett Feb 1,600 13% Dredging Standard Jan 4% 14% Jan 26% 7% — 1% 105 17% — Standard Feb Jan Jan ;Jan 100 83% -- — Standard Feb Jan 1514 — $1.60 convertible preferred 20 Forgings Corp 1 Oil (Ky) 10 Standard Packaging Corp. 1 Convertible preferred 10 Standard Power & Light common—_1 Common class B —* Standard Products Co 1 Standard-Thomson Corp 1 Feb 5% 15 • f, E'dison— Brewing Standard Feb 105% 2% 13% Co Jan Jan 104 Standard Feb 2% 2 A B Traffic 97% 104% ~2% 2 Penn Jan 27% Parkersburg-Aetna Corp new——1 Patchogue Plymouth Mills • Patican Co Ltd 2 Class Feb 21 share—1 Bol 1 1 Company Co 30% • vtc__2 Bol A) Amer Motors Chemical Parker (C Jan Feb • • common Petroleum Pancoastal Jan 28 100 pfd Light 5% preferred Page-Hersey 'Tubes common 1st $1.30 17 27% 1st preferred red 100 Jan 27% 27% 1st pfd series redeemable 4.80% 2.9% 29% -28 preferred 13% 1,400 Co common California 6% Feb 32% 17 Oil Jan % Jan 3% -• 1 —1 1 12.50 common 16% T25 Electric 6% Pacific Gas & Penn Corp 100 16% 16% Coast Feb 4% Jan 14% £1 Manufacturing common Boss Feb 14 200 41% ~ Jan Jan 10% Feb 3% 900 Jan 13% 4,800 18% • 20 __— 700 8 1st pfd—25 common Corp Sonotone 400 17 /4 1\?< Jan 20% 9% 5,900 . 5 -- • 1 preferred Simplicity Pattern common Simpson's Ltd common.— Singer Manufacturing Co Singer Manufacturing Co Ltd— Amer dep rets ord registered Smith (Howard) Paper Mills Feb 500 • 4 110 '' Jan 2% Publications— $3 convertible p Pacific Park 75% 1,000 8%' 1 shares_10» * Inc O'okiep Copper Co Ltd Amer Overseas 1,125 o;« B Jan Jan Jan 19% Feb 49% Jan 2,500 20 94/8 3% Jan 105% - 19 » 92 % — Olympic Radio & Telev Inc Omar - 19 .4 94'/a 44% 190 1% - — Jan 225 48% 49 108 /a 109 /4 1 class Fillers United Oliver 2% Jan 12% 9,400 82 % 104 1 ' 41% 83% 105 Jan -- 4,n — Jan 2 50 8 -- — 8 % 14% 7-/# — • 1 Ltd Co common Blmmons-Boardman 16,800 3% 28 1 7 common 01d!tTown Corp common <^4ftc 2% 7% 6% 7% 200 4 % 14% 1% 300 10% 14% Inc— Breweries Sicks 12 High 1& Jan 700 " 2% 3% __ Low 67« — 10c —1 20c Seton Leather common • Shattuclc Denp Mining 5 Shawinlgan Water & Power • Sherwin-Williams common 25 4% preferred ——100 Sherwin-Williams of Canada • Shoe Corp of America class A— • O Okalta —1 common Feb r, common Ohio Brass Co class B common Corp. <Jan ' • Radio it Jan — —12.50 Shoe Co 1% % % Jan 500 — * Inc Bros 6% 2% 12% — 1 Safety Control Serrick Corp class B 20 "2 *\6 4 Vz RR Co Penn Corp Range since Jan 1 3,200 I fa 10% 1 Airlines General Western Jan 30 Jan Shares High I fa 1% *, for Week Low —500 Ltd Oils 114 —° Airlines Northern 200 17% 20'/4 17« 1» ---1 North American Rayon $3 preferred_50 North Canadian Oils Ltd 28 North 28 % 17 % 1714 Norden Laboratories Corp North Low Sentry Products Ltd— dep rets ord shares Northeast High Range of Prices Sale Price Par * Sales Week's Last STOCKS American Stock Exchange Range since Jan 1 Metal Non-Ferrous liAmer Shares 28% * Niagara for Week Scurry 'York Shipbuilding Corp— Founders shares . Range Low Par j.: Vij FEBRUARY 13 Friday of Prices Sale Price Exchange American Stock FOR WEEK ENDED Sales Week's Friday 16% y Jan ' w Jan • ' .)Ot-.ftr Quebec 4 Power M u Co .* KKf.tt : * — - 21% Jan 22% ' Ulen Union I .—10 • 6.25 3% 24% 24% 49% 49% 6% 6% 24% 150 50 Jan 3% B lOo : 22% Jan 247« Feb : Jan 50% Jan Union 6% Jan 7 Feb United Aircraft 4% Jan 4% Jan United Elastic Inc 1 900 6% 8% 400 8 % 400 8 • Richmond Radiator 7% 8 25% 27 8% Rico Argentine Mining Co Rio Grande Valley Gas Co— 24 "l% 1% 27 2,900 8% 3,300 100 24 800 1% .1 4% 2% x2% x2% 10,400 100 pfd F Jan Feb United Jan Jan Feb 28% Jan 7% Feb 9ys Jan 25 % 22 1% Jan 24 2% x2% X2% 10,400 1% 10% Feb 1% Feb 2% 89 Jan 2% Jan x97 Amer Rome dep rets ord reg Cable Corp common Inc Rotary Electric Steel Co Aeronautical Consolidated Feb US 1 Finishing Co convertible preferred class US International B 17% Jan 20% Jan 18% Feb 20% Jan 32% 33% 32% Feb 12% Jan Jan 13 1,200 2,400 34% 12% 13 Feb 13% 7,700 12% Jan 13% Feb Jan 5% Jan Universal Consolidated Jan 16% Feb 1,23 l Petroleum 5 16% • ...1 16% 16% 2% _4% 14% U S Rubber 8 400 3414 Jan 425 7% Jan 8% Jan 4% 8 , . 36 . OIL. % Jan Feb Jan 39% 39% 39% 4,100 36% 38% 33% 470 36 % Jan 127« 1H 500 12% Jan 2% Jan 3% Feb Universal Products Co Jan 5% Jan Utah-Idaho Feb Jan 4% Feb 75.400 2% Jan 100 17% Jan 19 Feb 67 350 62 Jan 69 Jan 45% 44% 46 % 12,900 39% Jan 46'% -7% 7% 200 94% ,7 1%" 1% 1% 1% 100 — " * .94 * 6% — 5 -14% 4% 18% 6T • _1 —10 common 39 «. 3% 13% 66% 374 — • 10 Sugar — 39% Jan Jan 38 % Jan Jan V2 Jan Jan 25 10 4% *224 Jan 221 1 50c common Reclaiming* Co Corp common United Stores 900 5 Securities with warrants. 1,100 274. 4% 1,300 $5 1st preferred U S Radiator Feb 5% 35% 35 8 1 Universal Insurance xl2% Feb 89 4% 35 -1—1 10c -• ;. • - 600 33% Jan Jan 5 25 —10 common Jan 1,000 13 75% 20 .25 19 13% Jan 98 1,000 —100 Preferred 20 » 8% Feb Jan 94 10s : 18% 1 Feb Feb Feb 5% 5% • common Machinery -18% ——10 common. 79 rets ord registered .5 Co R^etson & Haynes 79 _. 20 U 8 Foil ' Ryan Ryan 79 preferred hnd 8% . 2% 4% 38% .' . Co Ltd— _5 Rowe (The) Corp common. Royallte Oil Co Ltd Rugseks Fifth Ave common... 100 common__50o United Specialties common U S Air Conditioning Corp $4 100 150 98 of Omaha Products United Shoe £1 ; 97% United Profit Sharing common Jan Jan Jan Jan ....33%: Jan 100 8% 8 % — United NJ RR & Canal Rolls Royce Ltd— Roosevelt Field 13,600 377« 3774 — • A Products United Molasses % Amer dep series Corp 7% 8% Jan Milk • 2% 3% 400 2% 4% 2% 3% . .. 4 Co Yards Stock Feb i« 1% Feb 50o v t. c Rochester Gas & Elec . 4% California— preferred 44% 700 74. $3.75 of Co 500 7% ' Oil 500 6% 4% 4% ~7% Reda Pump Co Regal Shoe Co Re is (Robert) & Co ; Reliance Electric & Engineering Remington Arms Co Inc (Texas Corp) Corp Canada Investment Union Jan ' Rice-Stix of Gas Union & Utility Investment A Pocking Co common Raymond, Concrete Pile common Reading Tube Corp class A .'Class 10c 5 Corp Chemical ' R . Railway Realization Unexcelled Rath 1 Jan ' — — ' , __ 61% x59% — — Jan Jan 7% 95 Feb Jan Jan 5% Jan Jan 2% \l Jan 400 714 Feb 1% 1,600 1% Jan 56y4 Jan 62 Jan Feb 23% Jan 23% Jan .200 1,000 62 — 23% 500 23 Vz Feb 25 Jan 2% 1,300 "2% Jan 3 Feb 65« " 24% 2% 23% __ • 6% 881 67's 80 23% (j>., < V 6 Jan 7 Feb 310 74 Jan 80 Feb 500 22% Feb 23% Feb - Valspar St Lawrence Corp Ltd common l Sapphire Petroleums Ltd. , , Schulte .1 (D A) 1 Inc Efftullin Speel Co For footnotes common. .common—,—. see page 35. 38% Jan „ 1 8,500 lft- 250 - Savoy Oil Inc (Del) Sayre A Fisher Brick Co__, Schick Inc 4,100 1,600 4% Jan ■ 1 , 46% 1,800 1 3,800- 1 37,500 - *700 2% Jan $4 • - Jan 2% "Jan 16% "Jan Jan 1% 20%"'Jan 22% Jan ' Jan Corp common.. ; —.—1 convertible preferred Vanadium-Alloys Steel Co Venezuelan 6% "Feb Jan 153Jr Jan 1% IN Feb . Petroleum ~5 * ~~ 1 25% Venezuela 20o Vinco Corporation -.1 Syndicate Inc L~ Virginia Iron Coal & Coke'Co— Vogt( Manufacturing — 6% 110 * — — . 79 "22% - x334 5% 30% .32% J«n 3% Jan 30,100 •41% Jan 800 ;x3% -5 ,i ~23% "Feb • 23%" 26% " 5 30% 5.700- 28% 7 ^500' -t^SVv Feb - ' 1,650 - 24% Jan _L2.%r.Jah 30"% Feb i3%:Feh;'J.7 TJ Volume 179 Number 5299 The Commercial and Financial Chronicle ... (743) 35 Jk AMERICAN STOCK EXCHANGE RANGE Week's STOCKS Range Sale Price Shares Par ENDED FEBRUARY for Week Last American Slock Exchange WEEK FOR 12 Sales of Prices Friday Low Friday BONDS Range since Jan 1 High. Low Interest Week's Range Last Period American Stock Exchange Sale Price Friday's or Bonds Bid & Asked High Low Range Since., Sold High Jan. 1 Wo. Waco Aircraft Wagner 7% Co Baking 3'A 3'A 500 7% 7s/a 300 n voting preferred 3'A % 700 cumulative preferred Wallace & Wallham Ward 30 12% 12% 13'A Co 23 % 23 2 4'A Webb 1% l'A 1% 12,400 9'A 9'A 9% 1,000 Corp & $6 Texas li Utilities $6 pfd Western Maryland Ry 7% Tablet & Stationery Westmoreland Coal Inc White's Auto 5%% Whitman Wichita River Oil (The) Williams Jan 113% 22,400 Vff Feb li 4% Jan 5% Jan 182 % 'A 343A 100 33% 11% 925 11 % Jan 173A 173A 175 18aA 19% 2,500 7'A 1,100 2y#s 2'As f s .Jan 11% Jan 17% Jan 19 Jan Jan 26% Jan 17% Jan 19% Feb 7 Feb 20% Feb 21'A Jan 3s Jan hoioH __ 103 .Mar-Sept $36 40 45 45 44%,!j4&? 41% 41% 39'A i:4J% 103% 100 36%j,r5f7i-l iliio'A ._Jan- July 1997 41% Rio de Janeiro stamped (Plan A)— Interest reduced to 2% 2012 ARussian A5 %s ' , Jan-July Jan-July 1919 1921 $32% 4% June-Dec 6%s Government 8% Jan •No e value, par Odd-lot a transaction Deferred 4% 34 170 4% <j3 Wa 5% 5% 122 4% 5% delivery transaction principal, nUnder-the-rule transaction (not included in year's range), rTransaction for ei(th in year's range), x Ex-dividend, y Ex-rlghts. z Ex-iiquidatlng dividend. oltio $Friday's bid and asked prices; no sales being transacted during current week. '•<" j A Bonds being traded flat. -ebJO § Reported in receivership. . ; * :io;iO 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 certiflcltiaa; "w i," when issued; "w w," with warrants; "x w," without warrants. J ' (not Included . ■'/.rnylO 5 500 ~4% Jan 5% Jan 8% 200 8'A Jan 8% Feb 6'A 6'A 6% 150 6 "% "14 "% 19,800 1 pfd 2% 2% 300 2% Jan 11% 50 10'A Feb 20 102% Feb 104 Feb .M 15% Jan 17 Jan 200 12% Jan 13% Jan 30 5,600 32% Jan 43 Feb Indus- 8% Jan 2% 11% 100 104 104 2 12% 12% 12% I 40 39% 43 1 common — Ltd— * 8s Jan 11'A ig Jan 2% Jan 11% Feb 9'A Jan listed • — 1% 1% 7,100 lli Jan 2 Jan vr/O the daily closing averages of representative stocks and bonds the New York Stock Exchange as compiled by Dow, Jones & Below on are ifipr Stocks -Bonds10 5— 10 First Second 10 65 Indus- Grade Grade Util¬ Feb. 9 Tata! 293.79 Stocks trials Ralls Rails ities 54.49 112.23 99.76 101.04 97.94 99.81 103,13 ; Hie* 54.42 112.06 99.71 101.01 97.99 99.94 102.62 293.58 — Total 103.35 293.97 8__ ,'3 is Util- roads trials Feb. 10 Rail- .20 Feb. £1 Wright Hargreaves Ltd Averages Feb H Jan — 54.41 111.94 99.77 100.97 98.25 100.19 Bonds Feb. Friday BONDS f Interest Last Period Sale Price • Week's or Bethlehem Boston Elec Steel Edison Power 6s Aug 23As 3%a 1970 June-Dee 1998 1 series A 104% Quar-Feb 1970 June-Dec 3%s series revenue Delaware Lack 1st 1947-1978 Western RR— & Lackawanna of N of A 1st Gas & Fuel 3%s 4s Mountain ser Isarco & B with Power A7s ex Italian Nov 67 26 61 61 10 58'A 61 97% 98 10 94% 98 $96% 101 1043A 106 A6 % % 1947 ._Jun e-Deo Extended at 4% Mar-Nop to 3'As 1953 ! ctfs Oct Harbor Water Power and ref M 3s C series D 3%% California 1st Counties mortgage Southwestern Spalding Starrett Gas (A G) Corp Stlnnes 3s B 1965 1973 3!As & 1970 April-Oct 3'As 1970 trust A6%s with Aug 1966 , A 7s Dec Dec ex 1 1 Wasatch Corp 105% 19 5 1 101% 2 99'A 1953 coupon A I com#^4i the closing prices of the 5, 1954, for composite and by major industry for^Jjj^ no! jqfT 1953-1954—rtrrf- Jan. 29, '54 . hm High Change 202.1 + 0.8 207.0 4)78(4 233.2 + 0.9 235.6 ,2Q2i0 204.5 202.9 + 0.8 210.2 ,;4J?2i4 263.4* 261.0 +-0.9 263.4 ■:228S 215.9 213.5 + 1.1 242.0 127.8* 127.2 + 0.5 127.8 215.7* 214.9 + 0.4 215.7 246.2 243.1 + 1.3 268.3 Goods Goods Utility -— Trade, Service and Mining Finance >1(94/7 >LkS14 : ,195.0 *2I3i4 ■ 1960 debentures xm'f .-r, tV •New TO lilgll. high. 10 95 78 — H ' ■ $99 66% 30 __ 102 •79 101 "99'A 98 97 98% 97 97 $100% 103 103 103% 14 102 $98'A 99 97% $102% 104% 93 85 154% 160 4 foreign Bondt Bondt Bondt 2,187,140 $3,727,000 $1,376,000 $15,000 1,185,000 935,000 1,877,670 1,792,010 3,817,000 Thurs. Feb. 11 1,858,630 3,264,000 1,725,942 1,946,000 536,000 $16,828,400 >,259,400 766,000 Fri. Feb. 12„ Salet >,118,000 $4,798,000 Tues. Feb. 9— — 81% 1,752,000 1,040,000 10,000 1,482,000 $21 ,651;400 $25,000 93 81% — Bond Number of and Mitcel. Bondt Sharei 102 90 1 ro«ii1 Government V/eek Ended Feb. 12,1954 97% 102 __ 93 $81'A 103% o;V'T United Statet Int'l lnt'l 4,074,400 •Idul Ban* »/*Jv#A«ii Railroad Mon. Feb. 8__ Wed. Feb. 10 $103% 104'A 103 - Stocks 102% 99% $100'A 101 ~ ,VO'lT in Daily, Weekly and Yearly 152 , 15 101% 102% 97 CO ■ — — ;aoiT Transactions at the New York Stock Exchange —— 154% 163 157 167 5 156 170 Feb-Aug $93 95 „ , $30 June-Dec ~ $93 Jan-July j-| | -j ffr. 1953)1. 1954 1953 1954 9,441,392 5,718,100 51,752,147 48,697^52 —— $25,000 $6,000 $207,000 $75*# 4,798,000 1,480.840 22,769,900 10,392,040 ina^irfai::::::::;::::--: i«,BOB,400 9,949,000 105,902,000 99,143'# $21,651,400 $11,435,840 $128,878,900 shares Stocks—No. of .;b'*ft U. 94% 104 $106 7 1959 Feb-Aug 100 100 100 103'A Railroad and 95 104% — Transactions at the American Stock Exchange — 100 1 —— ' Foreign ' — Bank — — 93% 1 104 _ Government S. Total mmmm 94 June-Dea — mm mm $30 >. 96 — Union— s iVroT 203.7 102 'A — 78 June-Dec 5s Western conv qqaT 235.2 105% 99 — $92 1953 1963 West Peun Traction 6s •nil Sep compared with the preceding week and with highs and lows year are as follows (1939 = 100): International Washington Water Power 3%s 1964 Newspaper ended Feb. week Feb. 5, '54 101% 151'A 152 April-Oct 1940 ser 44.40 102% 103 Co— 6s 49.80 Feb Low Bonds 1940 coupon 1956 1947 coupon 1956 deb High The SEC Index of stock prices based on. Durable 86% $93 Jan-July ex Aug 1 1947 coupon Electric Service Co— A7s witli 91 101% 101 % April-Oct 1946 l J , 103 85% (Hugo) A6%s United 89% 102'A 102'A May-Woo Corp— A7-4s 3rd stamped 1946 Stlnnes (Hugo) Industries— Terni >i,UT 'lfJ3T Manufacturing 1013A 1013A Feb-Aug 1989 coll stamped Hydro-Electric alal 1953 for 50.82 12 83 3A 102 12 92 105 J an-July Electric A7-4s 2nd Range Feb. Transportation $87 1962_Jan-July Mar-Sept Jan-July Feb-Aug 1971 5s 81% (Calif) — & Bros 5s Inc 47 - $147 Feb-Aug Gas 50.66 50.80 stocks for the current 103 Feb-Aug Feb-Aug Gas 10—_ SEG Index of Stock Prices groups 103 Jan-July May-Nop 1981 deb series E 1978 Southern 50 — $30 1976 Southern 99% 95 1960—April-0(!l 1976 3%s Feb. boiT conv 3s series series jh«<i qoT 50 $91 1963 Corp 3s Southern California Edison 3%s series A 1973 1st 47.32 Jan Fri. Non-Durable coupon Sapphire Petroleums Ltd 5s 2%s 10 50.82 Feb Low Wed. 98% May -Nov A6%s ex Oct 1 1947 coupon 1960 Public Service Electric & Gas Co— 50-year 6% debentures 1998 Bafe High 50.64 Co— 1940 1 50.65 9 Thurs. Feb. 11 99% 83 J an-July with 8 Feb. Composite to Hydro-Electric A6%s Feb. 96 82 -—- 1953 extended >haT 67 93% April-Oct 1970 Piedmont 64% 55 $30 Jan-July Jan-July Ohio Power 1st mortgage 3'As 1968 Aprl]-Oct 1st mortgage 3s 1971 April-Oct Pennsylvania Water & Power 3'As 1964—June-Dec 6%s due UTiS 1954 Percent 1963 6%s Range for Closing Tues. $93 1952 England Power 3'As 1961 Nippon Electric Power Co Ltd— mortgage Date— 90 3A Trust— New A 1st 89% 99 $50 1952 coupon i.'ifil . **iftJ iiiol 99% Jan-July coupon Realization ' — $95 RR— liquidating trust Valley RR— Midland a-- I| $93 $30 ■". (35 Stocks) Compiled by National Quotation Bureau, Inc. 99% 65% 1970 1940 1 1 Power 97 ._May-No® 1963 99.86 &91§5 Over-the-Gounter Industrial Stock Averages Bank— 33As mod) Nov 100.02 138 32 ,.May-Nop 1993 99.79 • 100.15 98.35 104 3A 132 99 101% 16 Hydro-Electric Co— A7s 98.28 101.28 High 39 104'A 1043A tl38 90% _Mar -Sept Western (stmpd 101.23 99.76 io«4 Low 90% 1961 Guanlanamo 99.78 111.90 Jan. I No. -Afay-Noy May Jan-July _Mar-Sepi 1993 1965 Mlge Green 111.95 54.52 Mon. A Water Lt & RR 5s 1956 Ercole Marrelli Elec Mlg Co— A6%s with Nov 1 1940 coupon 1953 A6%s ex Nov 1 1947 coupon 1953 Finland Residential stamped 54,47 103.21 Range Since Sold Jan-July Elmlra 5s 103,09 292.45 Division— J mortgage 4s series mortgage 4s series Eastern Bonds High 98% Chicago Transit Authority— 292.95 11 9§.64 99.136 • Range Friday's Bid & Asked Low Appalachian 10 Feb. American Slock Exchange :20'O - Stock and Bond 7% Feb Date deposit receipts preference :jUfiG ■ • Jan 10% 25 4%% MfoV: 32 5'A (not Included in year's range), d Ex-interest, (not included in year's range), f Ex-distribution, g Ex-stock dividend. • 1 common :lft3 % ; 'jinot'i 2008 1 8% 1 Ltd & Lt 161% 1997 E series fund 4% Woodley Petroleum 6% Jan 35 — Wood Newspaper Machine Woodall Industries Inc American to 1 Inc Woolwortli (F W) Jan 25% 7 166 _June-Deo (Plan A)— reduced Sinking Jan 175 34 ._April-Oct _june-Deo . Jan 4,100 stamped 166 (Republic of)— Extl Feb H .-May-Hoy 1 — preferred Pwr 112'A 11% • Products Brothers 50 5'A of 8 Petroleums 5% Jan 28 Co & Wilrich Wilson Jan Jan 7»A Corp— Willson Wisconsin % A —1 Corp (R C) Jan 4% 43A Oct Interest Jan 165% U (Issue Peru Jan 9% Jan 19% preferred (Wm) & Co 1% 9% Jan Jan 1 Inc Jan Jan Jan 5'A 8 conv Wiclces l'/a 4 10 Stores Feb 162 20 Weyenberg Shoe Mfg Whirlpool Corp Feb 24'A 100 • com 13'A Jan 8 1st pfd__100 Western A7s 1927) 1947 1927) 1947 Parana Jan % May AMortgage Bank of Chile 6s 1931 Mortgage Bank of Denmark 5s 1972_ Jan 12'A 11,200 (Issue of Jan 113% 113% • A7s . Jan 320 4>A 10o Western Leaseholds Ltd % 163 % 165 • Westmoreland 7% 110 Jan 4'A 164 * 1.28 Western Homestead Oils Ltd Jan 8% 10o preference Wentworth Manufacturing West 3'A 21 • Knapp Inc series Jan lg 4,200 1 common Baking Co warrants Wasatch 7% 450 1 Tiernan Inc Watch Jan 108'A "Jan — Waitt & Bond Inc $2 2% Sigh Low Lo»i Mortgage Bank of Bogota— 102 Daily, Weekly and Yearly Stockt Foreign Governments and Municipalities Friday BONDS Interest Period American Stuck Exchange A20-year 7s A20-year April 7s Cons External AExtern&l Danzig Port AExternal ALlma City Maranhao Interest AMedellin 5s & (Peru) 7s 193% —_June-Deo Feb-Aug 6%s stamped A)— 2%s Tues, Feb. 9 Low High Wed 450,590 — 169 1951 2008 1100 113,000 19,000 193,QftO 7,000 171,000 98.000 4,000 143,000 $63,000 $756,000 ' 428,895 23,000 $455,000 1958 103 100% 102'A 100 «A 101% 1954 Stocks—No. of 51 June-Dee 169 17% 51 Jan. 1 to Feb. 1954 1953 Domestic 51 Foreign government —i 13,594,329 13,523,4^5 $107,000 $1,508,000 $1,379,000 455,000 79,000 2,265,000 1,208,000 63,000 123,000 851,000 1,079,000 $756,000 $309,000 $4,624,000 $3,666,000 * j— — 1,532,745 $238,000 21 Foreign corporate 41 1953 2,356,225 shares Bonds 140 -ua. „ 20% May-Wop 56,000 33,000 $238,000 — 199% Jan-July Mar-Sept $187# $33,000 2,356,225 Fri. Feb. 12 — 41,000 Bondt Bondt 116,000 48,000 469,335 — 67,000 512,730 Feb. 10 Thurs. Feb. 11 / 1952 (Plan stamped Jan. 1 rot«* Corporate $95,000 $59,000 Wee7c Ended Feb. 12 May-Wop stamped to No. Loan— 1953 stamped Sold Total Waterways— reduced 193% Jan-July 1955 6%s High Range Since 494,675 Mon. Feb. 8 of)— 1 Municipal 5%s Bid Si Asked Bonds Bondt Bondt Shares) Week Ended Feb. 12,1954 Range Friday's Aprfl-Oct 1947 (See Mortgage Bank ACauca Valley 7s 1948 Danish or (Col)— 1946- Jan Sale Price Week's Low Agricultural Mortgage Bank Bogota Last Government Domeitio of Foreign Foreign (Number 41 Total The Commercial and Financial Chronicle (744) £6 . . . Monday, February 15, 1954 OUT-OF-TOWN MARKETS RANGE - Friday ENDED FEBRUARY 12 Exchange Week's Range of Prices Sale Price Par Sales Range since Jan 1 Low High Vacuum Socony Southern High for Week Shares Low * High Jan 38 Feb 15% Jan 16 % Jan 54 31% 35% 132 ' 43% 30% 30% —" 16%" 25 43% 43% —• I Railway .Co Range since Jan 1 Low 38 16 16% " High 38 15 —5 Co Southern Sales Range Sale Price Shares Low Week's of Prices Last STOCKS for Week . Last Par WEEK Friday Boston Stock STOCKS FOR 41 Jan 45 % Jan ' .100 Tel American Tel & 17 '/• Anaconda Copper & Boston Edison '5 '/o Personal 127 15 127 29% 125% Feb Jan Standard Oil (Ohio)- Jan 51% 7% Jan 26% 26% 60 26% Feb 28"% 30 50 26% Jan 30 Feb 92% 92% 5 92% Feb 97% Jan 8 10 Co 7% 200 38 24% 12 1% 'Copper Range Co & Fuel Associates— Timken ,79 Toledo Unipn Caf-bide S~Rubber S — Jan 77% Feb 71% Jan 79% Feb 32% -Feb 37% Feb Westinghouse Jan 24% Feb 1% Feb 07 1% Feb 10% 200 9 V» Jan 10% 40 * 40% : 12% 12% 45 72% -72% 38Vb Jan 40% Feb 12 . 12% Jan 12 Va Jam 132 32% 72% 41V* 200 12.50 : - Trans " 4%«_ '42 Vb Feb* 55% 56% 49 50% 44% 65 44 Jan Jan 56% Feb •*45% Feb Jarf * . . 61 62 --1998 ._T„ Jam Feb 39% . 74 32% 44 -10 : Feb 29% -Jan J50 41% .1 feONDS . 32 % • Wool worth 1 IF -W) 1% ; 87 ——5 — Jan 8% : 37%' 37% .J— 1__ . Co Steel. CInn -10 Feb 72% 137 ,AA---—.—-1-5 _I_ Feb 10 ' — 31 % 10 79% 37% v " U . '— Edison 86 Jan Jan 22% 1 (N J) Roller.JBearing-—1_.—A—* U 24% Eastern Gas Oil -"5 Jan 30 85% Jan 77% 78% Feb Jan 8 28% 77% : 25 .a—-AA1W ' 127% Jan 8% 84% 81 '—-25 Feb 100 5 i—. 1 (Ind) 32% Jan 6% * Brands Standard Oil Standard 6% 100 East Boston Standard Feb 17% 693 51'/a -10 (new) 49 161% 100 RR Service Common 545 32 % Jan Jan 51% Hecla—1. Calumet & Cities 15% 50% Trust Prop Providence & 155% 100 100 * 1 preferred w Boston Boston 3,097 17% 32'/8 25 —-— Maine new w 1- Boston 17% ———00 100 — Albany RR Boston 159% 161% 1G1 Woolen American %. ,62 $3,325 61V4;Febr-" Jan ; 4- y ,% 63 < Jan • Eastern Massachusetts Street Ry— 3 preferred series A first 6'i Eastern Lines SS Inc General • Feb 21% Jan 51'A 90 49% Jan 53% 86% Jan 97% Jan Watling, Lerchen •& Co. Feb 97% 940 170 45% A 8% 130 8% —-* 68% 70% 427 64% Jan 70% Feb 20% 20% 100 18 Jan 20% Feb New York Stock Exchange 117% 45 112 117% Feb Detroit 97 100 Corp Jan Jan 48 Feb 9% Jan . — 39% 350 39% 42 % 24% 50 19% Jan 24% Feb 12% 10 11% Jan 12% Feb 15% Feb 18 % " "American Stock Exchange vSKvj r-* Midwest Stock Exchange Stock Exchange Jan .-24% 12% • 1 Members Jan 39% —5 Corp 9 116 100 Manufacturing Mullins 55 Jan 47 Vi preferred Mathieson Chemical r Jan 18'% 91% Maine Central RR common ,5c/o 45 155 46% —-—• — Co Hathaway Bakeries Kennecott Copper —^ . 65 21 1 Electric (The) — 54 50% • "First National Stores Gillette 54 20% 100 common Jan Feb Ford Building DETROIT ' 1 ' ■ Association Narragansett Racing 1 5 Nash-Kelvinator National Service Cos RR Northern (N H) 15% 9c 10c 2,200 14% 14% 14% 881 — 119 120% 140 120% 8C Jan 13c Jan 15 115 120% Jan * Jan 30 Feb 50 100 % Feb 100% 100 % Feb Feb 94c 14 2,700 Detroit Stock Jan 102 Jan Exchange Week's Friday -50 25 Pennsylvania RR Rexall Co.' Mining Quincy * . — Stone'& Webster Inc * Torrlngton Co • — 762 16% Jan 18% Feb 10'A 40 10 % Feb 10V4 Feb 6% 10 19 V4 19 Vb 599 23% 205 21 % Jan 23% Feb Allen 26% 19% 18% 23% 2.50 Drug Inc Association Shawmut 17% 10V4 6% 18% 26% 200 25 Jan 28% Jan Altes 6% 18 Feb 6% i Twist United Fruit United Shoe U Drill • Co Machinery common Rubber S 5 25 Westinghouse Electric Corp 12.50 Woodley Petroleum Co 12% 505 Feb 12 Sale Price Jan 13 % Par Metal Products Brown-McLaren Jan Burroughs 48 '/a 1,864 39% 550 36% Jan 39% 32% 125 29 Vb Jan 32% Feb Chrysler 55 >/4 57% 457 Consolidated 40 42% 87 57 >/4 44% Jan 49% Feb 50 Jan 57 Vi Feb 32 Vb Jan 42 % Feb Consumers Range Sale Price 10 * : Champion Paper common Preferred _^5 _ Paper Shares Fruehauf Hififh 22% 56 22% Jan 22% Jan 10% 50 10'A. Jan 10% Feb 19 70 19 Jan 36% Machine 17% Jan 10 - 32% Jan 36% Cincinnati "Telephone * • Cincinnati Transit Dow * common Eagle Picher Formica Gibson Kahn 10 — 99% Jan 102 % Gar 75% Feb 75% 860 4% 4% 2,787 7 10 20% '20% 50 69% 4 % 7 18% Jan Jan Jan 20% Jan 38 55 Jan 58 13% Feb 14% 47% 2 47% Jan 48 45% 46 5 common 45% 194 j Jan 23% 23% 103 22% Jan 23% 69% 70% 605 68 % Jan 21% 21 % Cyanamid ——1 21% 100 20 13% 13% 100 12% 60% 60% 50 CO Jan 30 30% 214 30 Jan 30% Radiator American Telephone & Telegraph—100 49% 49 49% Feb '49% 12% 13 47% 47% 15% .5 12% 15% 75 11% 110 46% 6 13% 144 155% 20 62% 63% 164 60% Anaconda 50 31% 32% 120 30% 36% 37 211 34 10% 10% 13% 13% 4% 5% 1 1 Arpico Steel & Armour 10 Co 36% 5 —- Oil Ashland 161 1 - 3 Avco 13%; 5 159% 161 Jan Jan Feb 8teel Jan 13% Jan Feb Chrysler Jan 15% City Products Park Pfeiffer Col Ohio S & Elec Curtlss-Wright - Electric Kodak General Co Soss Jan 10% Feb 98 11% Jan 14 Vb 4% Jan 5% Jan 1 Jan 1 25 9 1,000 Dep't Jan 58% 33% Jan U 35% Feb Feb 59 Va 61% 235 56 Feb 85% 143 78% Jan 86 31% 31% 31% Feb 80 2% Feb 2% 374 12% Jan 14% Greyhound Corp — 10 Jan 3% Jan Jan * Jan 64% Jan f 7% 700 6% Jan 7% Jan 1% 100 1% Jan 1% Jan' 2% '4,114 2 Jan 2% Feb 3% 600 3% Feb 4 Jan 15% 1.042 14% Jan 15 •486 14% 7% 1,425 7% 10 Vb 483 10% 6% 6% 100 300 1% 32% 4% 100 4 100 2% Jan 3 _i Montgomery National -National •. .. New York Ohio Ward Cash & Co Inc 27% 27% 165 27 Va Jan 27% 8% 8% 6 8% Jan 10 9 Paper A ^ Spring 38% 39 247 37% Jan 39 5. 1_ 9% 51 26 47 Jan 51% Edison 3% Jan 3% Jan Jan 3% Jan 4 2,237 3% Feb 4 4 100 4 Feb 4 Walker & Co class Corp Republic Steel 29 ; A * L_ ^ Sears, 40% Jan Aeco 14% 96% 92% 96 % 157 86% Jan 96% Feb Allied Artists Sinclair For footnotes see page 45. . Jan Feb t 7 Jan 19 Jan 2% 2,900 Jan OU'» 13% Jan 7% 120 7% Feb 12% Jan Feb * Feb 9% 21 \ 3% Feb 15% Jan 7% Jan Jm 13 62% 63% 207, 59% Jan 65 ... Jan Pictures 12% 8% 113 8% Feb 8% Jan 32 V2 50 32 Va Feb 32% Feb : 39 39 Feb 39 Feb J Jan ■ 250 1% 100 • 1% Jan 1%. Alleghany Corp 14% 52 13% Jan 14 Va Feb 31% 39 28% Jan 31% Feb 60 60 9 57% Jan 61 Jan 67% 67% 1,050 58V* Jan 68% 'Feb a4% American Cyanamid Co (Un) 18%. Jan 19% .Jan American 19% 25% American Potash & Chemical cl B American Radiator & SS 19% 19% 51 23% 25% 215 Jan Feb 39% 39% 6 38% Feb 39% Allis-Chalmers 62% 16 54% Jan 62 Vb Feb 17% 18 65 16% Jan 52% 54% 10 (Un (Un) "25% 48 22% Jan 30 47% 50 50 21% 185 61% 61% 35 37%. "38% 112.. 1 Feb 55% Jan *385 21 18 Feb 26% Jan _ Broadcasting Para Thea American Can Co & Foreign 12% 10 Power (Un) (Un) * - * 1 - * American Tobacco American Viscose Jan 51% Feb Feb Anaconda Copper Mining Co 22% Jan Anderson-Priehard 60% Jan 61% Feb Armco 34% Jan 38 Vb I Feb Steel -Armour & (Un) Co (HI) Oil : (Un) 21 (Un) Jan 3% Jan 3% J an 47% Jan 49 Vb Feb 11% Jan 12% Feb 15% Jan 10% Feb 37 Jan 37 Jan 46% Feb 47% Feb 60 - 380 9% Feb 535 9% Feb 55 36% Jan 36 Va- Jan 690 9% 15% 13% Jan 15% Feb " Feb (Un) 30 V4 30 V4 350 29^4 Jan '30% 100 (Un) —._ Corp 5% 485 a35% a35% American Smelting & Refining (Un)_* American Tel & Tel Co Feb Feb -125 . 47% 15% 70c 4% 585 a4Va 9% __ — 15% Jan 37 50 , 49% 47% 43c 9,800 4% 12% 12% 15% 16 Va d37a37% (Un)_l (Un) a High Low 70c 49% __ 1 Range since Jan 1 High a4% • > American'Airlines Inc Feb 62 % Shares Low 1 13% Amer for Week • 1 (Un) Sales Range of Prices 60c ; - 159% 161 2,023 15634 Jan 161 Feb 25 - §2% 62% "410 61% Jan 65 Jan 36% 285 33% Jan 37 Jan a32 a32% 531 30% Jan 47% a47 % 65 46% Jan 25 36% 36% 56- 10 . 280 __10c 30% •21% 9 350 3% Week's Last Corp * 15% Jan 700 9% 1% Par Jan • < Feb 6 Angeles Stock Exchange 42% Jan 39% _-1.4o 13 Va 831 39 39 Sale Price 40% Feb * „ Roebuck 4% 8% 1. STOCKS 112 25 Schenley Industries 37% Jan Jan i Jan 32% ___50 Los 40% Radio Feb Jan 3% - 4,980 21 14% .4. ; _ Screw' 41 • 14% -7 12% 39% • Pure Oil 1,000 , , Jan 32% -175 4 7% -Investment S1 Radiator pfd_ 41 50 35% 3% 3% __ 39% 8 Ohio OR "Penn RR Jan 3% 9 —10- Feb 25 20% 615 21 3% Dillon Mfg Jan 50% » * Jan 680 6% 7 • Jan 39 ,5 Central Jan Jan 18% Feb 51 ___• \ 3 2% 400 3% 13% 13% : 1 Cq Feb :• Register Jan 3V4 ■ 35% 35% 5 - B) 3 Distillers Feb 2% 4 4 _ _♦ Harvester 4% . 3% — 0 _ Jan * 3% 3% A- _ Feb 200 " ' Feb Jan , 20% 3 20% Jan 2% 34 Jan „ Jan t'% Jan 2% 2% ; 6% Feb' 2,031 4% 10 _ 13 Feb IV2 33% 2% 1 _ _L_ 2% 1% — 7% Jan Feb Feb 15 Jan 6 100 15% Jan Jan 32% — 33% Manufacturing Wayne ■ International Jan 4 4 59 VB 10% f— __ - Feb 5 62% 4% 300 850 1,387 4% Feb 27% 2% 5 Feb Jan 2% .._ ^ • Motors 39c 25% Feb 14% Electric Jan. Jan 3% ■ —^1- i 5 __ 440 62% Jan 84% 5 Stores Feb 3 Jan 15c 23% 3,050 14% Udylite'Corp Jan 10 - 2% Feb Jan Jan. 214 7 - Auto-Lite Federated General Light & Power -3 62% Friday Dayton Eastman 405 39c 2514 7% Products River -Raisin Scotten 2% - Jan 15% 2% (Fred Feb -_l , 2% Feb' Jan 30 VB 3% —— __ Brewing Prophet 37% Jan 50% 14% 405 6% 9 Jan - Rudy 20 • Feb 2% — -12%- Davis . Rockwell 13% Gas Jan 8% 1% —2% i Chemical Feb 157 1 Columbia 6 Jan 7% I Car Packard Motor Car Jan 35% * Clopay Jan 3% 2- Motors L Screw 32% Jan 54% 61% Feb 8% Feb 35% 25 40% 62% 7% A- Bearing-. Manufacturing 65% 54% -10 - 25 28% 3 3 0 Mt Clemens Metal cornNational Electric Welding 161% Feb Jan Jan • Corp Service Cities Feb Jan Feb " Murray Corp 48 %■ Jan 25 Chesapeake & Ohio 2% Jan 400 3 4% Heater Union Bethlehem Jan Jan 17 Jan % 8,013 9 30 V8 23C ' Motors Masco 13% Feb 60% Feb * Benguet Mining 268 6% 9 25% ■ Ball Kysor Feb American Tobacco Co— Mining 25 29 Va "Lansing Stamping Jan 49% — 10 American Jan 8 1 Airlines Feb"' 62% 24 __ LI Drug Kfesge Co (S S) Unlisted Stocks- American 17% Feb 39 3%' r. 5. Chemical-, & Kinsei 71% Jan 21 Vb Feb — Gil Motor Parke American Jan 770 3 1- Electric Kaiser Jan * 69% — 50 * 15% 56% 2% 5 common. Hudson 46% Jan 44^4 Jan * Preferred 338 2,613 17'A 62 510 —A- AA. Mfg Ironite; Inc Feb —— Paige Hoskins Jan 47% _* 10 —* Jan 2,888 -- Industries., Howell Feb .37 Card 2% 8% 25c Brewing Hoover. t 7%. Feb Jan 5 B— 700 40% 30 Vb __1 Brewing Manufacturing Hastings 4% Jan 210 class Ptg Feb 250 • 2% 8% -L A Motors Great. Lakes Feb 58 13% * Jan 24 Z— 20 Trailer Wood Graham Jan 102 Jan 74% 7 22 Vb Jan 47% 37 %" Rapid S Playing S > Feb, 96% 56% Gamble U U 7 20% 20'A 3 —50 & Randall 259 125 13% Lunkenheimer 15% " 56% 37 • Procter 21% - 56% Kroger 300 6 VB __-5 _ Chemical Goebel Feb * —• Preferred ; 75% 4% * —1 Ins Art common 16% / 40 VB 40% -- .1 Navigation _ Gemmer Feb 5 36% 20% 55 _ General 101% 101% 10 Cleveland Frankenmuth Friars .1' 10% 102% 102'A 100 — Milling 3% 17% 24 * - Edison Low 19 36% 10 . Bros & Range since Jan 1 High 22% 10% Electric common__8.50 Gas '.Preferred 4 Jan 58% — —.1 Detroit-Michigan Stove " Cincinnati Cincinnati Jan 3 2% 2% 3% 308 16% „ 1 Power Detroit for Week Low * i High 235 3% Sales of Prices Last Par Carey 2- 61% Detroit Exchange Week's Friday 20 1 Low 3% 3% 3% Corp Davidson Laundry Range since Jan 1 High Jan 31% __ Mfg Corp 46% 39 % Cincinnati Stock American Shares 3% 1 __ Continental Motors Balcrank for Week Low Electric Brewing 48 __8 STOCKS Sales Range of Prices * 39% 5 Co 12 Last Jan 21% Oct STOCKS American Union 2-5525 Feb 85c 30 88c WOcdward Jan 13% 24% 30 85c 2.50 100 Norbute Corp 265 16 15% 1 — England Electric System 20 New England Tel & Tel 100 New York New Haven & Hartford—100 "New Telephone! a - 10 :(Uak--^—-__5- 36% - lOVa- 34 380 36% 10%. • - '292 • 9 Jan Jan 32 * 46% Jan Feb *36% "Feb - Volume 179 Ntiifcber • .\*^^Wmnmercial 5299 and Financial Chronicle (745) 3*3 OUT-OF-TOWN MARKETS ' , > . Friday ■-• "Week's' Last STOCKS Oil & Low Atchison —1 Refining (Un Topeka. & Santa Fe (Unh ._50 Atlantic Avco Refining (Un)_u____n—,— --10'• 3 Manufacturing Corp (Un) 4% 4% <4% 300 9y< %Jan- 14'/a Jan Magnavox Co Jan 95% Jan Martin 27% Jan 32% Feb Matnieson 4% Jan 5V« Jan Menasco 87/s " Jan 9% Feb Merck - 13 Hamilton 91/4 125 a26 --a26 10 20% 20% . 700 - __ a26 Baltimore & Ohio RR \ _> __100 (On)i ! Biandini Petroleum Co__I._. : Baukline Oil Co 1 Barker Bros Basin Oil Bendix ' Bishop Black Co .r Mammoth „7___ Mining a56 - Company 'iUn)-J Budget Finance IX' pfd— — convertible .preferred— By, Co Caterpillar. Tractor Corp Gertainteed Clary Columbia Gas Consolidated (lln)r; a465//a 1V2 * a 44% Edison 10,- of Continental Copper Continental Motors (Un) A & Steel (Uh) 20 lUn) , (Un) 5 10 (Un) Phonograph (Un)__5 Bank class A— Co ' J 82 1st 37% Jan 39% Jan 42% Jan 20% 58 Feb a7% 11 8% a__ 300 00% 50 177 a7V2 — 8% a— — 35'A 50 a 8 75 103% — 39 JA a__ . - 84 V2 Jan 500 6'/2 Jan 575 34 • Jan 28 y4 99% 1 Jan 20% Jan 50 9% Jan ( 191 108 7 37 % 142 alO al07%all0% 22 % 14% 14% Jan 108 Feb 47'A Jan 51 Va 35% Jan 37% Jan 20 10% 10% 88 10 y2 Jan 10 y2 Jan 370 17 Jan 18% Feb 20 6,345 360 10 75c 355 1,430 6% 130 39 Vb ' 13% 157 a22 5% 38 Jan 1.15 360 14% Jan Jan Jan 6% Jan Jan 39% Jan Jan 21 Jan 27% 409 87% Jan 92% Feb 57% 299 59 Jan 59 62-ta 668 Feb 59 ] Calif 16 200 Jan 16 Jan 57% •16 107 28% Jan 29% 49% 2,564 44% Jan 50 Feb 21 21 130 19% Jan 21 Feb a34 % a34% 55 32% Jan 32% Jan preferred. a30% a30% 28% 273'8 28% 750 55c * 50c com__- 55c 60c 1,400 5 5% 345 a84 a85% 50 5 5 10 Great Lakes a85% Chem & RR pfd 24% Jan 28% Feb 55c Jan 60c Jan 5 Feb 5% Jan Jan 85% Feb Gulf Mobile Gulf r Oil 2% 2% 2% a50 \-i a50% a51 Corp 14 100 a48% a49% 25 157 Jan 2% Feb Jan £t a j_ 100 a29 Vb a29% (Un) 13% al4 V'8 a24% a24% a 1 55% Jan 2% 200 .3 : 55% 7,088 * Ohio (Un) & 79% 140 1 (Un) (Un). Aircraft (Un) Grumman , a57% a58% • com. Greyhound Corp , Oil class Co A Hilton- Hotels Corp__Holly Development 1 Honolulu Oil 1 5 __j, ' 1 Corp___ __<■ 24% a 24% 19% al9^i8 13% 13% Jan 46 V* Jan 24% Jan 23% 1.05 Hudson Motor Foods Car 12'/2 Inc Central 100 Seaboard Imperial Development Intercoast . 25c Petroleum Interlake Iron 10c (Uni-_ International Shell Feb Oil Sinclair 48% Jan Jan , International Nickel-(Un) International Paper Co Int'l Tel & Tel (Un). pid Intex Jade , Oil Co —_33%c Oil Co Gas Standard Standard Oil 720 38% 38% 265 38 394 4,050 9% 8% •9% , 50 (Un) 20c 20c 21% 21% Kaiser Alum & Chem common 1 ' 50 Preferred Kaiser Motors Corp Kennecott Copper lUn) Sun ray Swift Kern County Land 27% Oil & ;» Co Trans Lane-Wells Co Lion (Un) Oil Co 7 . Petroleum Truax-Traer Feb Twentieth Inc Lorillard For (P) Co (Un) footnotes see ; naee 45" I_io ~ 85 192 J 76 Jan 17 y4 Jan 76% Jan 18% Feb Jan 909 15% 565 14 Jan 15% Feb 180 36% Feb 36 Feb 285 31 % Jan 34V'4 Feb Va 59'/a 256 56 y4 Jan 59% Jan a45% a45% 448 45% Feb '45% Feb a54% a54% 60 a__ 5J/a 5% 16,979 3 Jan a4% a4% 145 5 Jan 25% 489 22% Jan 26% 16% 16% 490 14% Jan 16% Feb a22% a233/4 97 22% Jan 22% Jan 3V* 33/a 650 3»/4 Jan 3% Jan 49% , - a— — p 5% Feb 5 Jan Jan 49% 341 48 y4 Jan 51% Jan I8V2 19'A 1,222 17% Feb 20 y2 Jan a6% 85 6% Jan 71/4 Jan a37 27 Va 540 37 Jan 39 V'B Jan -230 26% Jan 27% Feb Jan a37 75c 400 75c Jan 80c 54 53 V2 54 695 49 Jan 55»/4 5 20% 207/a 21 458 20% Jan 21 Jan 955 15 Jan 15% Feb a al6%-al6% 16% 40 520 38% Jan a26%*a26% 350 26% Jan a21% a21% 25 39% 40 a26V2 Jan 40% Jan 26% Jan a._ & li« 600 a~ltV Feb 1% 2iy2 Zl'% 2iy2 312 21% Feb 21% Feb 1^ l/* 1A 500 1% Feb 1% Feb _1 25% 257a 26 1,322 24 Va a60yB a62'/4 7% 7% 425 61 y4 420 6 a87-a87y4 41 a__ 25 2,986 20 y4 Jan 26 37% 38% 506 34 y4 Jan 38 37% 37% 662 35% Jan 37% Feb 18% 18S/B 100 17% Jan 18% Feb 38 Vfe 383A 1,803 38% Jan 39 Jah 25% Jah 1 __ __ 24% 24% 373/4 15 __ __ 383A Jan 26 Jan 61% Feb Jan Feb 7% ft Feb " _ a *»■ Feb % Feb 25% 400 Jan 26% 32% 28 a34y4 a34y4 __ 306 32% Jan 32% 28 100 26% Jan 28 Feb 33 Jan 33 32% Jan Jan Feb 8 Jan «• , 40 25% Feb 32% __ j_ 34% Jan 34 337/a 34 538 I0y2 83/4 157/B 10% 11,307 10% Feb 16 453 15% Jan 16 "? 39% 40% 1,608 38 Va Jan 40% jah Feb 45% Feb , __ ; a437s a45y4 135 40% Jan 50% 312 43 V* Jan 50% Feb a30ya a30 a30'/B 105 28 Va Jan 30 y2 Jan 57% 58 a77 a78V2 1,280 52% Jan 58 Feb 78'/2 78% 364 72 Jan 78 % Feb a37>/2 a38 120 35% Jan 37'/4 Feb al2y4 al23/4 •175 __ al2% Jan 221/4 Jan 20 VB Jan 22% Jan 18 18yB 16% __ __ 9% 1 4% 1 Union Oil Union Pacific Jan 15% Feb 8% Jan Jan 44% 33% Feb 279 58 »/4 Jan 63% Feb 141 89% Jan 89% -Jan 8y2 9% 580 8y4 Feb 9% 22% 335 a43 193 33% 33% ■668 63V2 63% Feb Feb al7% 22 1 20 y2 Jan 221/4 al4 al4% 35 13% Jan 14% Feb 26 V2 551 25% Feb 27% Jan 6% 7'/2 1,730 6% Feb 7% 17y2 6% - Film 18% Jan Jan 864 a417/B - 26'/2 al4 1 Co, Jan 43% 22Va 18 a43 , 32 «91 a92% 1 10 com (Un) Feb __i 22 y4 • Co.__.__ Feb a._ a__ — 229 2 58% a__ 306 Com 38% — 21 7.50 (Un) Feb a__ 23% 50c Jan 75 21 5 Coal 57% 23% Airlines Corp 49 __ 5 (Un) Oil ' 40% 25. 14 Va 9% Feb Co of 20c Feb 21c 20 Vi Jan 22% 26% 28 Jan 17J/2 434 220 15% Jan 17% Feb 1,275 4 Va Jan 4% Feb 4% Feb Feb 16 Jan 16 Jan 22 3,175 19% Jan 22 Jan a71% a72J/B 102 Jan 74% al7'/4 al7'/4 20% 25 Gas United States Jan U S States Universal Steel West : . 20 Jan Warner Bros Corp Air Oil Feb Western Jan Westinghouse Jan Woolworth 80c 24% 51% 560 21% Jan __ __ . 24 51 365 a28% a29yi 62>/2 a6% 16 32Va 32 V\ 425 40% — 47 "a67/B ' 10 10 Pictures (Un) 5 Lines 9% Jan Feb Jan • Water PowerYUn) Kentucky -Coal Co (Un) 22% 9 118 41V2 41V2 58 63 Va 1,147 4,170 14Va 14Va 275 27% 100 48% Jan 28 Jan a — 24% 517/a 128% a— Jan Feb Jan — 30 Jan 32 y4 Feb 39% Jan 41% Feb 56% Jan 63% Feb 14% Feb 14% Feb — 2%. Jan 70c Feb Jan 5 Washipgton Feb a__ a__ 42 112% v_' (Un') Consolidated Jan 5 : Radiator Co Jan 206 41% 10 : Corp (Uni Rubber 1,997 all7% all7% all8»/2 __ 25 50 Jan 42 72% 38% • Calif common (Un) United Air Lines'(Un) United Aircraft (Un)^ Jan Feb (Un) RR United I Feb 28 ■' • (Un) 37% 45% 150 Jan 11 Jan __1 common Union Carbide & Carbon 68% 395 Jan 27% 18V8 36y2 3434'A' 10 (Un) Feb Jan 2,000 98 10 Feb Jan 15% 36'/2 27 Va 15 31 Jan Union 37 37 460 37 Feb 37 30^8 2,615 26% Jan 30% Feb 13% 13% 785 13% Jan 14 Jan Youngstown ^Blieet a25 a25 % 90 24% Jan 25% Jan Zenda 27% * al6% alff% (Un) (Un) 100 27% Feb 27% Feb 17 Jan 17 Jan 8% Jan 9% Jan a56% 10 a42 54 a55% a56J/2 325 50% Jan *56% Feb a43% a44% 10 12% i a9% a41% * 10 a9% A 65 43% Jan 45 y4 Jan a_- — Feb 29 __ 1 Telegraph (Un) Elec (F W) 30% - • 1 all 25 Jan 40 70c 4 75c (Un) Century-Fox 66% 22% 33% Jan • (Uni Jan 333 a9% 118% Jan 3% Jan 390 22 Jan 32% 75c (Un) 16 69% a 70% 70c 115 y4 735 a37 „ 1 (Un) Jan Jan a9% 30 -123 a6'/2 10 25 137a (Un) Lockheed Aircraft Corp Loew's a9% lOc ; 9% Jan • Calif Products 2% - 1 _ Llbby, McNeill & Libby of Assoc Warrants a— Western Lincoln Jan - • (Un)_r common. World 70 44% 8% __ 5 (Un) Inc 204 a 40 1674 2 (Un) Gulf Suluhur 44% a70= 2.50 >&9Va 25% 25 (Un) In.c 57% 303 28 pfd Corporation Co 2% 2% Feb 35% Jan a78% a79J/2. a4% 25 (Un) Sylvania Electric Prod a49% a49% 1 Jan 28 5y» com__25 & Webster Inc- (Un) Studebaker Corporation (Un) United ■ (Un) Ltd Stanley Warner Corp (Uni Tidewater 28% 365 28 Feb 28 4 a45% • stone Jan -16 3,300 10 . Jan Jan 33% 59 :• _____25 6% (Ohio) 10 31 28 __ 5 Co Standard Oil (Indiana) Standard Oil Co (N J) 85% a85% al6 Feb 17% • Oil 'Co 1.15 4c Feb 40% 26% __ 25 Brands Jan 1.20 31% 100 20c Petroleum Railwav Textron Jan L _____ Sperry-Corporation Standard Texas Jan Jan Jan 340 __ 25 Southern TreeSweet I0c Jones & Laughlin Steel __ _l Comnany Feb 3c 28% 39% 2,551 1 Pacific Jan 1.05 Feb 8% 28 27% .27% • __! Southern Feb , 1,060 Feb Jan 34'/2 __ _• Southern 16- 500 324 40^4 62% V 8 1,200 a34% a34'/2 __ 8 class A Jan - 2l% 3% Feb 39 Jan 1.40 Oil Co Inc Calir 13% 3,000 Feb - Southern 100 3c Jan 62% 8% 28 5 Co__ preferred 6% 38% 118% 118% 1" 1 preferred 16 1.10 (Un)__- preferred 19% a__ Axle Edison Calif 80 180 " 18 Jan 50c 4.32% Southern 3% • Co_ Transamerlca a60% a60% 153'4 15% * " Jan 13,423 J1 & 4.88% Jan 30 % 7>/2 17 % Feb y4 Feb 34'% :1 : 4.48% 12% 3c " i, (Un) '240 60 . Jan a9Va 15 Calif 24% — 1 Co Corp Aircraft Southern Jan a._ class B Co Socony-Vacuum Solar Jan a__ (Un) Co Oil Jan 16 • Jan - Feb Jan 27% __ 34% 50c Signal.Oil & Gas class A ' 12% 1.10 . Feb 20 Va 62% __ ' ;1 : <Uni Finance 52 a Harvester * • Ltd alO 3c 1.10 • 31% ' 10 1 (Un) Corp alO - 24 y4 8% __ 50c Sears Roebuck & Company Servomechanlsms Inc 1.00 80 a 5% 40Vi 10 1 Tob Oil Oils 19% 1,300 10 Jan 62% 19 J) -3% a39%"a397/8 „ • - Stores Incorporated Sail Francisco Ry 20 20 1.10 6% RR (Un) a39% 3% , 493% Trl-Continental Illinois 3% 1 16 a ? 18"18'A I 50 Aeronautical ' Hunt 4 Jan i* a__ a— 3,582 19% a60 % a62% 1.05 a62% 24% a 28c Jan __2y2 Texas Company Hancock , Oil Northern Great , Rubber & Feb 54% ! (R Louis Jan 16 lo of 18c 20c 20% __33%c Regis Jan 49% a34% 25 y4 30 __ Spring Feb 62% a307a Jan 392 j-*33%c i 12.50 (U11) Oil Feb 24% 20 ^ Feb "19% 3,015 13,000 . a21 Inc_^____j Ranch Scurry Jan Jan 20 50 267 a92 a96% Jan Jan Feb 5 (Un) -l.y4 a60 • Paper Co (Un) Sapphire Petroleums _L Schenley Industries (Un» Jan 27Mi 16 Jan al0% (Un)_ Manufacturing St Jan Jan 27% _* Jan iy. a60 1 i Pictures Safeway Feb 9% 33 a21% a94% 7ya a20% a€0 . (Un) Pictures ■Ryan Jan 25 245 14% 6% 5 pfd Co Tire Co Rockwell Jan ' Goodyear Oil Rich field Feb 9% Jan 1.10 360 Jan •>_ - - t (Un) Corp (Un) Aviation Rice Jan 18 Va 95c 95c 6% 3% (Un) Incorporated ■Ttlieem Feb 547 37 a Feb 150 Jan i__100 Co Dodge Reynolds Jan 112 10 Vb 10'A Feb 28% 25'A (Un): Pictures (Un)___v__- Rexall Drug Jan 22% 30 a50 % a51'/2 a 23% Jan - 20% common_________4 'Republic Steel '(Un) 'Reserve'Oil & 'Gas Jan 532 a22% a22% 18 Va a22 Oil Car Republic Jan "28'A a20 V2 a20% al0% VU Jan Jan 25% 1,200 . % 21 3,098 1 Tel'common Republic T 8% 34'% 10 20 18% 24V* _* Theatres (Un).^ Corp of-Amentia (Un) Retulngton Rand Inc (Un) Feb 26% 6% 36% Jan Feb 200 ' 237/a 25 RKO a._ Jan 80 a24% a24% a50V4 & (Clias) RKO Feb Jan 26% 99 V2 alO Jan ,24y4 25 Radio 8% Jan a— 160 cc 34 % ^ 1 25 ___-! American-World Pure a__ Jan 57%' Goodrich (B F) Co (Un) j Western Pullman Jan Feb common Phillips Petroleum • _ Elec Tel Phelps Jan 41 332 1^, Penney (J C) Co (Un) Pennsylvania Railroad fan) Pepsi-Cola Co (Un) Jan 18 Jan 39 Vb • Utilities (Un) Co Jan 17% — 18 2,500 » : & Paramount Feb 57% 2 (Un) Telephone prior SI , 17% * a26 % a265/B a22% .1 - Gladding McBean State >■. 403 10 1 (Un) Co Public 40 478 _1 >. (Un) _ Good -Humor < Feb 2.10 526 a6% •; 15% 5 12 ; (Unt___ Petroleums Pan 6% Jan 20% 6V2 Jan 4% Feb 97%" -E vGlidden Co (Un) r ■"12% ! Paclcitrd. Motor Jan 6j,8 34 Jan 18c 1 Pacific Feb 12% __100 Line Golden . 1 a27%a27% 1 Paint 85% 5% Feb 3,493 ; Jan <80 14% 00 Jan 1.85 21 i._ 10 Pacific Feb" Feb __ . a6% 25y4 100 5X red pfd class A_ 4.80\'c 'preferred Pacific Lighting common______ Feb 63 57%- 57 % • 32 '4% (Un) Pacific 35% Feb' a Jan -» (Un) < j Feb 13% * Merchants General „_u_ 56% . 153 : 42% a7'/2 5 Machinery & Chemical General a_,_ 1 General 4 ,,"34% 100 3,217 12% 3 (Un) General Foods Corp (Un) General Motors Corn common t 125 Jan 250 4 & General Electric Jan Jan a39 a3938 1 (Un) (Robert) 1% "1% 332 a7% 50c ; Flying Gair Feb 600 39'A a7% Jan Jan 60% 890 28y2 1% RR Products Gas -St Gas Garrett Corp Jan 14% 14 10c Co Tiger Feb 21% Jan 12% a60"'B 20y2 39 V4 Jan 160 23% 28% * Feb _ 5 (Un) Stores Food 49% Feb 12% ' 14% 83b _1 Nemours Fitzsimmons , Feb i 20 .112 . 'tlay Pacific Jan —— (Un)_.__ (Un) Feb 95 .♦ _u Lines Railroad & -.'49 230 .. , Products Oil 131 < Co 25% « 20% a60% .1 ^ Industries Farmers Jan 2,595 - 1 1 ,Electric.Bond & Share Exeter ,-."22% 14 % 20% t Jan Feb 1 Pacilic 'Finance 12% 10 1 i__: Radio 450 Oil Jan 13% yB" 20% 56% 850 16- - 23% .— a6% Co Co' Ohio Jan 13 Jan 21% Jan 29% Feb 38 % 40 2.10 al93/a al9% __ . • ^ : Co Edison 5% 18% ;t _5 l Eastman Kodak Co Erie Jan Jan ■ 5 j. DuMont. (Allen, B) Labs class A #Emerson 4i« Jan 42% Jan I --1 Oceanic'Oil Feb 300 G a al9% 50c ^ i; American 2.00 15% 1 - & Chemical CentrurRR (Un) Ohio Feb 19 16%: —1 : (Un) Natural 11% Jan 38% ' 2 com (Un) Douglas-Aircraft Douglas Oil Co of Calif Paso Jan 16% 100 a39 ■ El -10% al7% al7% • 1 10 Mining Northern. Pacific Jan L 40 1.70 Jan Jan 27% Jan 8% 446 ' 1 (Un).u..i (Unt_: al7 Va 1% •. Publishing Co (Un)—___ Curtlss-Wrieht Corp com (Un) Electrical 8% ■ ' Jan 149 - 1 l Northrop'Aircraft Jan 11% 17% 14- • _____v_50c _• Co (Del) de Feb. 17% • Curtis Air North Feb 10 Jan 85%' 5% ___• 25 ; Vultee- (Un) Eastern 79% "•; Jan 63 85 Vs Jan 3% 493 a60y8«63y8 __ 5 North Amer Aviation Inc Pfizer Y N • ; <Un)___^ Can-Co duPonl, (EI) )'' Jan Jan 20 40 (Un)-:. Continental - Jan 9% 8% " Engineering Dresser "757/« 150 14 V2 •* 6OV2 • System Chemical Jan "8% •„ (Un) . Grocers Dow 59% 11% l'/a .112; 35T8 .35%. a44% a461/'2 ' 1 Consolidated Deere & Co Jan 320 25% a46r8 a48% _25 u - Consolidated Class-A Jan * Consolidated r 13% r 60 5 VB .. 20 Iron tCrown Zellerbach Jan Vork Nordon Corp Norm >OU Co Jan 1,610 19 " 14 Va ' Oil '4% '2,035 -8% 247« __2'5 Edison Continental 285 8 y4* . 13Th 5 pfd,(Uni—100 Solvents (Un)__ Commonwealth Jan 59% *-1,941- ; allVa all'/a 19 • :__ Climax^'Molybdenum Commercial a__, ___ Idria New an: ' 8% all Va 1 A; ^ 10 - 8 V4 8% __1 (Un) Fuel 8% .. _10 I MultlDlier Colorado 9 13% 80 1.35 21% Feb 41% - —56 a39% a39'/a _5 (Un) Jan Pacific n Chicago "Milw & St Paul ' New ' , (Un) National-Bupply (Un) National Theatres-(Un) • .. al7% al7% •. Jail 19% Jan 50 a63»/8 1 National Gypsum (Un) 3% 100 al2%al2% 10, 2 (Un). Chesapeake & Ohio Ry Co Cities Service 9% •• 1 Co_ Chrysler Corp J a76% a78Va 9% (Unl_r____25 (Un) Products Charter Oils a77.V2 10 ___| "Oil. Atlantic 7c Jan ■ al7% ', 2% 213 a39yB 3 National Distillers I - -9 Burlington Mills Corp (Un) Byron Jackson Co __u-.-l._l—, a_'J." 850 29% a33 V» a33 '/a (Un>_.__^ Co_____i Feb .11% Jan 8% Feb 58 Feb 17,325 al3%-arl3% ;-. a59 859% * _ ' Jan -■ Inc Diablo Nash-Kelvinator a__ "4c 390" — Mount 1.60 Jan Jan 11% 200 438 Motorola Jan \ 15% "50% 1.000 - Jan:' 12% Jan a._ ■ 300 9 ; 13 Jan 8 165 - 6c 4 - . ■%- Jan " 14% ..183 V* a56%. a54 -t:4 —10 Eudd 11% . 8Va . . - "54% 54% 11V4 6c 1 u-- Broadway-Hale 8tores Celanese Jan 70 2 Inc (Un)-_. Pacific 12% 3,420 —10c Company ; (Un)'.—__—*_i_;—15 Borg-Warnet Corp (Un)'_________J___~5 Canadian 256 10 a63% a64% Borden Canadian 12% -- . — 60c (Un)__-__.—~_5 Mississippi River Fuel 10 Montgomery Ward & Co Inc (Un%___* . -i Boeing Airplane (Un) ______—5 Bnlsa Chica Oil Corp 1 Stores Feb 9 1/4 a6434 IIII2 Blue Diamond Corp Bond Jan 127a 1 — ____5 (Um>_,i, Corp (Un).;!/! Steel Oil 3.25 16 10 20c Aviation Bethlehem Jan 19 545 a217,'8 a21% 29% Jan 16 41 3y4 1.50 a21% 2.85 3 yB a__ 355 3y» High A— 17% * Development Low 50 a39% a39% — 16%c 11% 3 14% ■' • 19 700 1 <Uo) Utilities (Un) 10,583 318 :::io _L: Mission Feb Inc Range since Jan 1 High 19% ? 3% ___1 ; Petroleum Co South -19% .„-__5 Co_^ Shares al7% al7% __ ,—1 al4 "2 al458 ____1 15% common Instruments 20% Co (Un) 10,300 — -r ;_i— Co Beckman ] — & Middle a„ a__ L) for Week Low __10 Chemical Mfg Merchants Baldwin-Lima (Un) (Glenn Sales Range Par High • Week's ;i>f Prices Last Sale Price , 95y« 304 • Low 12 -r~*l a31%a32'A __ - . Range since Jan 1 •' 28 .. a99%aldoy4 • STOCKS V • -■ ... 13% a * Friday Shares High al3% __ r ■ for. Week of Prices Par Ashland l FEBRUARY 13" ENDED Sales Range Sale Price ** v FOR "WEEK RANGE York Corporation Gold (Un) 61 Tube Mining Co 1 (Un) ^ >; ;i0c 155 24% Jan a40% a40V2 160 40 7c 53,000 24V2 , a:40% 6c 5c 24 V2 5c Jan Feb 24% Feb 40 8c Jan Jan / The Commercial and Financial Chronicle . . Monday, February 15, 1954 . OUT-OF-TOWN MARKETS BANGE WEEK ENDED FOB FEBRUARY 12 Friday Week's Range of Prices Shares Sale Price Corp Admiral ————— — Aluminum Castings Advanced Equipment Alleghany Corp <Un) Affiliated Gas — Laboratories Allied f111 Armour & Co Ashland Oil & Refining common Atchison Topeka & Santa Fe Athey Products Corp.—— r Atlantic Refining Co Automatic Washer Co ^ Avco Mfg Corp Bendix Aviation Co Manufacturing Corp— Borg W) (.George Company 65% 111 Securities Corp Central Chesapeake St Paul & Chicago Milw 20(4 ... 77(4 — 54 54% 2% 2(4 12 12% 11% 11% 17(a 17 ,a 17(4 17% 13 a 13/a 24% 12 . 17% — — 25 36% — 61% — preferred 4%% Lincoln 29% 32% Feb Lindsay Chemical Co common.. Lion Oil Co 1,300 1 200 400 Jan Jan 37% Jan 10% Feb 33% 9 1174 Jan 14% Jan 92% Feb 100% Jan Feb 7% Jan 32% Feb Feb 474 Jan Jan 6% 5 Jan Jan 28% 4 4% Jan Printing Columbia Gas System (Un» Commonwealth Edison common $1.40 Marshall Field 6c Co $1.32 convertible Consumers Crane preferred Cudahy Packing Co Curtiss-Wright Corp (Un) Deere & 10 —5 Company Detroit & Cleveland Detroit Edison Nav (Un) Jan 65% Jan Dow Chemical Jan Missouri 9% Jan 50% Jan 58 Jan Feb 16 Jan 17% Jan 12% Feb 20 20(4 Feb Jan 75% Jan 82(4 Class Eastern Air Lines Inc Eastman Kodak Co (Un; 51(4 Jan 54% Feb JBddy Paper Electric Controller & Mfg Flour Mills Four-Wheel Brewing (Peter) Gamble-Skogmo Inc Gen American Transportation Jan National Distillers 12% Feb National Lead 200 10% Jan 11% Feb /General Box Corp General Electric Co (Un) 2,500 1574 Jan 17% Feb National 200 17(4 Jan 18 Jan New 100 11% Jan 13% Feb North 400 21% 500 400 1 25% Jan Jan General Finance Corp 5(4 General General Foods Utilities (Un) Public North American Co Northern Refrigerator Co Gillette (The) Co—^ Jan Goodyear Tire & Rubber 26% Jan 29% Gossard (W H) Graham-Paige 800 33% Jan 36% Feb 12(4 H% 400 1074 Jan 12% Feb Ohio 11(4 Jan Oklahoma Shoe Bush (Minn) 400 11% Jan 10 118% Jan Oil Drug Stores Great Lakes Dredge & Dock Lakes Oil & Chemical Great Gas Greif Bros Cooperage class A Greyhound Corp Orlesedieck 56% Jan 81% Jan 86% Feb Pan 1774 Jan 1974 Feb Parker Pen Co class B 150 72% 25 (4 Feb 300 200 Feb Parkersburg-Aetna Peabody Jan 14% Coal Brewery Hallicrafters Co convertible Hammond Organ Co Harnlschfeger Corp Heileman Peoples Gas Light Pepsi-Cola Co (Un) Hibbard 3874 Jan 40% Feb 29% Jan 32 Jan Jan Jan Phillips 7% 6 (4 83,4 Jan Jan 28% Jan (Charles) I Co Inland Steel Interlake Power Jan 10% Jan 12% International Mineral & International Paper (Un) International Shoe Co Jan 24(4 100 22% Jan 51% 900 467a Jan Radio Feb 17 Jan 1974 Feb 50 22% Jan 24(4 Feb 7% 900 6% Jan 7% Feb 1074 10% 350 10% Jan 1074 29 1074 19 7 24(4 7% 7% 29 300 27 Jan 29% Jaii 374 Feb 14% Feij 4 374 3% 550 274 Jan 1374 374 13% 50 137s Feb — 600 40 900 38% Jan 40% 37% 37% 800 .34% Jan 37(4" Feb 3 (4 3% 25 2% Jan 3(4 Jan 33% 33% 33% 20 33% Feb 33(4 Jan 6274 60 6274 1,000 567^ Jan 62% 33% 33% 33% Jan 6% 6% 674 6% 15% 4001 70 10 5% 40 2% 92% 127% Jan 15 140 36 34(4 Jan 36 16 18(4 Jan 20% Jan Jan 4174 Jan 2974 31 750 2874 Jan 31(4 Feb 4 Jan 2974 18(4 Jan 3% 200 3(4 Jan 25(4 21 25(4 10,100 187a Jan 25(4 Feb 24(4 23% 24% 1,200 20 Jan 24% Jan 1874 3% 18 % 18% 150 1774 Jan 1374 Feb 21 21(4 800 20 Jan 21(4 Feb 59(4 60(4 500 54'4 Jan 6174 Feb 1474 1474 2,400 42 42% 500 1474 1474 42 147a 18 1374 Jan 800 10% 5% 1,800 750 1474 Jan 5(4 Jan 974 Jan 4% Jan 7 100 6% 40 100 38(4 16% 17% 800 Jan 17% Jan 39% 1,300 3374 Jan 3974 Feb 400 547a Jan 63 Feb 100 27 Jan 2774 Jan j 27% 27% 10% 10% 1314 Jan 11 Feb Feb 14% Jan 8 3(4 8 Feb Jan 3% Jan 11(4 Jan 12% 11% Jan 17 Jan 18(4 Feb 135% Jan 14274 Feb 13% 3 400 1774 13% 2,700 600 141% 142% Feb 8 2,000 Jan 1574 Feb 100 33% Jan 3774 Feb Feb 33% 3374 100 31% Jan 337a 3 29 29% 200 28% Jan 2974 59% 597a 300 5474 Jan Feb 60 Jan 1074 Jan Jan 10 10 % 200 38 400 36 Jan 38 Feb 4474 45% • 4574 700 41% Jan 4574 Feb 900 28% Jan 2974 Jan 1,600 2274 Jan 26% Corp America of Pictures RKO Jan 3 Jan 574 Feb 4% Jan 5% 29% (Un) • Theatres 29% 2974 2574 5 25% 26 5% Corp(Un) 1 5% 6,500 4% 1 Corp (Un) Remington Rand (Un) Steel Corp Drug (Un) Reynolds (R J) 4% 600 Raisin 2(4 7(4 Jan Louis National 17 Feb Jan 51 Feb 6% Jan 7% Jan 2,100 674 3674 Jan 39% Jan 24 Jan 2674 Jan 9(4 300 39 26(4 1,050 9% 9% 200 2074 Electric Sangamo Schenley Co 2(4 Jan Feb Schwitzer-Cummins 963a 9(4 Feb Serrick 9(4 58(4 Feb 60 Jan 59 Jan 6474 Jan 87a 30% 100 28% 50 5% 2,000 44% 5% 46% 200 4674 Jan 47% Sears Jan 21 Feb 52 Feb 54 Jan Industries 4,900 13% Jan 14 1,100 20% Jan 2274 Jan Jan Jan 24% 1.40 ___ 24(4 100 24% Feb 25% 21% 300 21% Feb 2274 200 537s Jan 59 15(4 15% Jan 15% • 61(4 62 300 60% Jan 62 Feb 1434 Jan 14% Feb 50 15 10(4 750 974 Jan 10(4 Jan 1(4 200 1(4 Jan 17s Jan 1474 14% 1474 200 1 18% 1774 18% 1,250 16% Jan 1874 Feb • 37% 3774 38% 700 32% Jan 3874 Feb 6% 674 900 5(4 Jan 674 Feb Jan Oil B common Corp Feb Jan 50 Feb 1 — (Un) 15 3774 3774 38 900 35% Works 5 25% 25 25% 300 24% Jan $ 16% 1574 16(4 900 15% 40(4 500 774 100 Bocony Vacuum OH South 6% Jan Bend Lathe Southern Co Southern (Un) Pacific Spiegel Spiegel Inc Co (Un) 2 warrants 13% Jan Jan 21(4 Jan 2% Jan 2% Feb 19 19 200 19 V4 137a 300 13% Jan 14 14% Jan 15 • 25 Standard 15 Standard Oil Co Standard Jan N Railway J 174 57(4 57 Y» 1 California Standard Oil of Indiana Jan 14% 49% 500 Oil (Un) 4(4 700 1% 100 4% 4(4 4(4 24 8% 23% 19 23% 8% 38 3(4 38 3(4 24 24 20(4 23% 8% 3% 4,300 Jan 49% Feb Stone 4 Jan 4% (Ohio) 1 i Feb Jan 16% 36% Jan 40(4 ?eb 674 Jan 1% Feb 4% Feb 8 Jan 2 Jan 4(4 Jan 1,700 58 53 Jan 58(4 Feb Jan 79 Feb 75% 1,300 79 1,100 727a Jan 79(4 Jan 3774 — 79 78 7574 68% 37 5 4 200 32% Jan 3774 Feb 10(4 10% 400 9(4 Jan 1074 Feb 2074 3774 W-to 5 2074 1,700 20% Jan 22 - Jan 1 10 97 a 10 750 9% Jan 10 Jan 1 Container Corp Studebaker Corp (Un) Jan 10 Equipment Stewart-Warner Corp 38 26% Feb Jan Feb 13% Dredging Corp Oil 774 <w — 1% Standard of 40 40 • . Inc Standard 46 Jan 1 Sinclair Feb 500 Jan 1 Co Roebuck 6c Co Corp class 1,700 1374 22% 21(4 10 (Un) 53 13% 2174 1374 Signode Steel Strapping Co Jan 59 Jan 305a Jan Feb 19 33% Jan 48(4 16 Jan " 900 21 52 53 12 5 Jan Feb 13% Feb Jan 47(4 25% 21 * Stockyards Jan 9% 5% Feb 14% 500 674 5 St Louis Public Service A common Jan 31% Jan 800 5074 37 37(4 10 Paper 17 4974 2.50 B Jan 16% 17 • St 100 88 474 50c (Un) Tobacco class 40(4 Jan Jan 10 3774 • Jan 6% 33% 14% 48% Jan 974 1374 11% 18% 4 100 100 8 Jan 1,600 11 13% 3% 3% 3% 400 374 12.50 Feb 12 32% 2% 16% Feb 7 1.200 800 Jan Jan 6274 X63 »»—' 2% 96% 950 43(4 15 37% St Regis Paper Co 700 Jan Jan 37% Rockwell Spring & Axle 7 40(4 14(4 39% 2574 187a 20 1974 21 500 19 7» Feb 22% Jan Jan 36(4 Jan 16 Feb '• Jan 24% Jan Sunbeam 34 34 1,250 17% Jan 20% Feb Bundstrand Machine Tool 5 16 15% 16 300 227a Jan 23% Feb Sunray Oil Corp 1 1774 1774 18 Feb 10 Jan 42(4 42% 300 38% Jan 350 2,300 150 23 8(4 37 Jan , Swift St 1,600 2% Jan 3% Feb Texas 150 21(4 Jan 24(4 Feb Texas Toledo 90 300 80 Jan 42(4 42(4 100 40% Jan 42% 400 4174 Jan 46% Feb 500 28 Jan Co 28 Tool Edison Co Co 16% 4174 Jan Jan Feb 18(4 Jan 45(4 Jan (The) % 45% 46% 28 % 2874 287a Feb 30% 31 2,500 28% Jan 31 Feb Trav-ler Radio Corp Tri Continental Corp 5 31% 31(4 31% 1,200 28% Jan 32% Jan Truax-Traer 60(4 60% 200 56% Jan 20th 39% 39% 100 38(4 Jan 208 So Coal Century-Fox 64 800 57% Jan 64 Feb 45% 48 700 40% Jan 48 Feb 1474 14% 100 14% Feb 15% Jan Jan 1874 5 30% rt/vk 15% 63% 64 18% 2 to.— common Film La Salle St Corp 1 1 ~1 • 1,050 177b 12% 1,900 12 V2 40 40% 40(4 3,100 36% 2 12% Jan Jan Feb 40 V2 2% . 21 —. * 500 200 157a 17% 200 16 20% 17% 2(4 177a 17 % ' 21 300 20% Feb 59 59 30 59 Feb Jan 17% 1 (Un) 1874 12% • Co 46 CA7/ 32 900 10 25 Producing Power Trane — 100 1,550 ' 20 Gulf Thor 84 % — (Un) Co (The) Feb — Corp Corp Feb 90 39% Feb 1574 2,400 38% 5 850 — Jan 200 River 4,900 23% Jan 674 300 • 21% 2% 4(4 Feb 34(4 1974 Richman Bros Co 21 — 574 Feb Jan 31 300 7 40(4 Rexall 350 . Jan 1974 Feb Feb 13% 13% 6 39% Jan 51% 13% __ Feb 7 39 6% Jan 24(4 145 9% 2% • Jan 4,600 (Un) Republic 21% . 2,000 18% 24% 19(4 15% Indiana 28% • Feb 10 of Co • 17.50 25% • • Chemical Jan 15 Co • Co Harvester 24% 15(4 Quaker Oats Co 38(4 Jan „ • Co Steamship International Light 1.600 Jan 28(4 800 1(4 100 6c 25% (Th&> Service Thor Indianapolis Feb 24% 14274 Co Pullman Company Feb 200 33% & Petroleum Potter Jan 30% 58% 10 Illinois Central RR 44(4 Feb 9 Jan 46% l Jan 100 Phelps Dodge Corp (Un) Philco Corp (Un) 5% 30% 25 common 41% Jan 1 Pfizer 11074 4 10 Huttig Sash 6c Door 500 33(40 Jan 104% Jan 48(4 ... __ Spencer Bartlett Hupp Corporation 44% 25 & Coke 39 774 100 3 Feb 44(4 50 Jan 2574 1,600 1 Heln Werner Corp Feb- 5% 1 prior preferred Jan 890 58 (4 1 37% Jan Feb Jan 900 7 10 (G) Brewing Co Jan 4 5 RR 39% Jan 200 63(4 1 327a 1,800 2 common Feb 10% 9(4 25 400 5% (Un)__1 ... 38% 37 37% 9 30% 12% 6% 2 Gulf Oil Corp 37% 474 • ;. Airways Corp Co Pennsylvania Public 62% 3 36% 5% 10 (Un) World American Jan 27% Feb 12% Car 78 .. Jan 2674 Motor 29 Jan 400 58% • (Un) Western 3174 . 101 1 Electric & 700 — 1 Jan • 100 58% • • 8974 8 Co (Unt Packard | Gray 100 • Oak Manufacturing Co Edison Co 3,300 24% 1 — 100 99% Feb 120 109% 33% Jan 17% 99(4 2% 6274 Jan 27% 140 36 Jan; 17% Jan ,17% com__5 Co Ohio 50% • Co Corp 17% 10 Jan Jan 10 * Co 9 100 300 ,4 108 40 2% 96% 1 • 800 10 (Un) Pacific Ry Northern States Power Feb — 20 Gibson 974 9% 9(4 Febi 10 North American Car Corp Jan 10% 5 General Telephone Corp Jan' 1 (Un) Society Brand Clothes Inc General 1774 Feb 1 RR (Unt Aviation Jan 9(4 Jan 5% 6 1674 1 Mfg & Central American 27% 36% 3% * General Package Corp 200 10 Northwest Bancorporation 300 1,400 5 Corp Tile York 1(4 Jan 200 pfd. ser A„ 10 Corp- Motors Co 21% Jan 19(4 2,400 10 % • 17% 5 National Standard Co 35(4 7 5 2.5o 1 17 5 2% Jan Nunn 34% — —10 1.25 Drive Auto JFox Jan; 17% .. • Feb? 7% 16% 5 Products Jan Jan 9 51 Feb. Jan? 1074 50c (Un) Feb 27(4 — 5 3% 3% • Company Kelvlnator Corp Nash 4% 6 8% 5 America Inc of Feb," 70% Feb * * Motorola Inc 2(4 100 — • 2174 Feb 3 Jan 1 10 1 11% 200 1 Corp Jan 6434 300 25 Co 6c 100 1,200 108 10 _ 1974 400 Jan -1 1 common 300 40% 31% 6 8% 5 . 1,000 70% 3 Co Ward RKO _10c A- Au Pont (E I) de Nemours (Un; 21% : Jan 150 31(4 . Jan Feb Jan — Co preference $3.50 Montgomery Muter 200 37% 34% 5 Feb 13 974 • Cement Chemical Monroe Jan 11% Portland 3% 12(4 (Alan Bt— 1974 Jan 7 1 preferred prior $1 Minneapolis Brewing 21% 30 Co... Du Mont Laboratories Inc Jan 11 1574 4 1 Mississippi River Fuel 474 3 500 12% 18(2 100 500 10 10 61 200 30(4 32% 900 Feb 6,900 20 34 500 19% 1274 300 ..4 common Feb 7,100 ..10 Co Dodge Manufacturing Corp Inc 48% 38% 39 — Hart 6c 22% 39% — Jan ; 34 2,900 if Jan 38% 38% 39 40% 8% Jan 74 7 % 25(4 Inc Mlckelberry's Food Products Middle South Utilities Jan 27% 14% — 28 Jan • « Brick Metropolitan Jan 27% 13% — 25 10 1 Jan Jan 10% ,- 8% — * Co Power Company 22% 2874 16% 1 *' (Un) Co 21 150 19 38% 20% 100 7% & Co.. (Arthur Gi 46% 100 78 26% 39 1 Li (Glenn Martin McKee Jan 18% 14% • 25 25 25 preferred— convertible 500 28% 10(4 ..1 Mfg class B Louisville Gas & Elec of Ky Feb 77% 25% — 2174 — — 5 Inc Co Feb -1 common Lonergan 5% Coleman Co Jan 78 25% 1 Jan 3% — 100 Inc Foods Feb 16% 7% 7 McNeil & Libby. Libby Feb 65% 1,150 " Clinton 27 10% 5 7 16074 300 120 120 58% 62 85(4 85 4 — Jan 1674 5 Co 19% 11% — 25 3% common 200 21 4 11% 12(4 600 .10 10 59% Jan 9,500 21 34 20 3 4 20% 4% 27 35(4 21 Sessions Co 6c 100 1 1 1 * Feb Feb Leath 6c Lamson 250 » Feb 27 0 Jan 24 300 24% 25% __ 20% 474 Pac 156'4 1,100 78% — 31% ..4 Extension University (Un) Salle 700 800 20% Chic South Shore & So Bend RR—12.50 Chicago Towel Co $7 conv pfd Chrysler Corp 25 Cities Service Co 10 Cleveland Cliff's Iron common— 1 .1574 1,100 6o% — (Un>— Ohio & com preference convertible $1.50 Jan 300 17 /a 124 17% * 1 Jan 13% 400 48 4 22 4 17% 12/a — 10 —1 :—* Service 22% 2174 "l Laclede Gas Co Miller 12% Gelanese Corp of America La Feb 4,300 4(4 4/s 54% 54% 4% 25 (Un) Jan 25 11% 800 ,4 Jan 21% 1 _1 Jan 48% 4,000 9% 47 21 4 65% — /Carr-Consolidated Biscuit —————1 13% Feb Jan 1,400 5 9 9 47 —15 — jCenco Corporation Central Illinois Public 7 4% 5 3 12.50 Jan 46 23(4 100 10% 2978 19% 19% 1 Monarch Co 900 36% 700 1274 34 ,75 8.75 Co.. Drug 500 32% 31 6974 City Power <fc Light Power & Light (Un) Knapp 31. a 32/a 4 4.8 4 ,e 20c • 1 Burlington Mills Corp (Un; Burroughs Corp (Un) Burton-Dixie Corp ——-. tQanadian Pacific 1,500 * — Butler Brothers 12% 47- 4 5 Borg-Warner Corp Brach & Sons <E J) Brad Foote Gear Works Budd Feb • 1 5 10 Corp Katz Kelley Island Lime 6c Transport Kennecott Copper Corp (Un) Feb 74 31 a 1 Berghoff Brewing Corp Bethlehem Steel Corp (Un) Sinks Manufacturing Co jBooth Fisheries Corn Kansas 28% ■ 13 Co Belden Feb Jan 4934 13% 13% 100% 100% / — -* 10 5 (Un) Haldwin-Lima-Hamllton Martian-Blessing Kansas 4% 8% Jan 32 1174 3374 1 • Feb Jan Jan . 16 Jan 2174 — .1 com Jan * 45% 9% — 3 10 Chemical 3% 8 25% 36% — Jan Jan 10(4 28(4 .10 Laughlin Steel (Un)_. Jones 6c 8 800 9% 1 -10 ——3 — , — 50 Kaiser Aluminum & Co. 1374 300 27 -11—10 100 15% 15% 159% 160% 60'4 82% — -10 5 1 Corp (Un) (lilt common Steel Armco Jan Feb 1,800 Feb 20% High 16 1174 307 a 600 22% 60% (Un)—.—50 Anaconda Copper Mining Jan 17 Jan 400 22% ——25 22 Feb 19% 1,400 8,4 4„'8 28 « 2274 15% 160% American Tel & Tel Co American Tobacco Jan 17 100 25 7 • 100 American Machine & Foundry—.; American Rad & Stand San (Un) 20% 100 12% 47 % 24% 4774 Light 6c 700 22 17 — — Gas Power Iowa High 487* 49% 27% 4974 1 • 814 4 27% —, 10 American Cyanamid Co Low 198 __ 8% 10 1 (Un) American Airlines American Investment Co 17 — —20 Mfg-—— Chalmers 1 5 1 1 * 21% -- (J D> Adams Allis 22 10 Co Mfg Co Acme Steel Range since Jan 1 High Low Par Illinois Range since Jan 1 Low High 11% 3.50 Co & Electric.. Power Interstate Iowa Shares 15(4 1574 (Un). International Tel 6c Tel for Week Last STOCKS for Week Low Par Sales Friday Range Sale Price transactions only compilation of the round-lot A Sales Week's of Prices Last STOCKS Midwest Stock Exchange Jan Jan Jan Feb 274 Jan 1774 Feb 1774 Jan 22 Jan Volume 179 Number 5299 The Commercial and Financial Chronicle ... '.'■'I J!, h'1* a 'l.t'tn! ( fi rojtif'U' IV Dm V •(•747) • •••39' jI 1 n>#•***» 7. « *i * n ,••,••» . f , , OUT-OF-TOWN MARKETS RANGE Friday STOCKS Week's Range Sale Price Par Union Oil United of Air United California Lines S Rubber U S Steel 38% 23% 23 Ve 100 21% 5% 5% 500 4% 32% 500 29% Jan 32% Feb American Potash 41% 3,100 39 Ve Jan 42 Feb American Radiator American Inc Public American Feb 200 24% Jan 25% Feb 42 100 41% Jan 42 55% 57 1,600 50% Jan 57 Feb American 27% 27% 27% 200 27% Feb 29% Jan American Tobacco 14 14 14 13% Jan 16% 16% 16% 1,000 19% 19% 900 19 43% 44% 500 43% 43% . 100 Common Friday STOCKS Week's Jan American Viscose Feb American Woolen Jan 19% Jan Anaconda Copper Mining Jan 45 Ve Jan Anglo Calif Natl Bank Range American Tel 10 Tel. & City Elec 100 Co 10 — Baldwin-Lima-Hamilton Budd 46% 47% 96 3,449 155% 317 19% 20% 30% 1 Curtis 30% Corp 4 % % 5 % % Motors (Glenn div 2,655 12% 7% 7% 11% Jan 12% Feb 63% Petroleum Oil Beckman 7% 5% Feb 8% Borden Co Jan 28 Jan 29% Feb 28% Jan 29% Feb 26% 26% 210 24% Jan 27% Jan Budd Borg-Warner Corp 108% Jan 111% Feb Bunker 337% Jan 380 Jan 18% Jan 18 % 18% Jan 18% Jan Sullivan 20% Calveras 100 20% Jan 20% Jun 62 California 63% 2,110 58% Jan 65% Jan 14% 413 13% Jan 14% Feb 22% 9% 9 % 19% 13% 370 22% Feb 23% Jan Canadian 8% Jan 10 Jan Case 8 13% Jan 14% Jan 19% Feb 14% 19% 13% Canada 1,350 10 17% Ink 168 16% Jan 744 12% Jan 13% 3.60% 36% 36% 37 % 1,902 35% Jan 37% 17% 18% 2,152 16% Jan 18% series 43 % 43% 44 206 40 Jan 45 39% 40% 105 38% Jan 40% 34 % 33% 34 5 a 3,769 32 Va Jan 35 A Eureka 24% 24% 24% 72 23% Jan 26% Jan Preferred Feb Chrysler 5% 5% 5% 1,711 4 Jan 5% 6% 7% 659 5% Jan 7% 28% 29% 190 28% Jan 30% Jan 17% 17% 3,080 16% Jan 18 43% 43% 50 • common Reading Co 50 • : • Corp 1 $4.25 Gas Westmoreland .13 % Columbia 43% 30 42% Jan 26% 27% 1,320 25% Jan 27% Feb 27 67 25% Jan 27% Feb Gas 28 27% 28 240 26% Jan 76% 76 % 77% 636 69% Jan 70 69% 35% 28 79 Cons Feb 146 68% Jan 71% 682 4% Jan 5% Jan Crocker Crown First 33% Jan 36% Feb Jan 32 Feb Curtiss-Wright * 95 95 93 93% Jan 95 Feb Cypress 10 17% 17% 20 17% Feb 17% lo 29 29 60 28% Jan 29 Jan Week's Di Steel * * 5 * Range Shares Low 32% Y Low 32% 220 18% 50 13% 14 7 14 28 Ve Pont de 125 29% High Eastman Westinghouse Westinghouse Jan El 18 Ve Feb Electrical Feb El Dorado Jan 6 Jan 7% Jan 29% Jan Eureka 24% 140 22% 100 24 Ve 150 14 32% Uan 1% 10 21 1% 8 2.50 Paso 300 21% 1% 24% Feb 34% Jan 1% A 200 7% Jan 1% 21% Feb General Jan General Jan 8 lVa Jan Jan 28 Feb 57% 58% 141 52% Jan 58% Feb • 7% 7% 5 6% Jan 7% Feb 24 Ve Jan 27% Feb 100 5% Feb 708 18% Jan 6c Jan 10 12.50 27 Ve 27% 5% 21 20% 7c I '• 9 5% 21 7c 6c 13% 3,000 13 13% 265 22 TA 22 Ve 55 1% Jan Prod • Feb 2.60 Jan 4.811 2.05 Jan 57 723 52% Jan 85 a77% a77% 9% al2% „ a a__ 24 12% Jan 12 79 Jan Jan 9'A 25 Feb a— 79 750 10 '57 10 Feb Jan 12 Jan "11% 11% 115 11% Feb 12 Jan 17% 17% 250 16% Jan 17% Feb 18% 18% 356 17% Jan 18% Feb — 18% a5 a— — a5 66 4% 25 622 21% Jan Jan 25% Feb 16 Jan 17 Jan 48% 48'A 699 48'A Feb 50'A Jan 20% 20% 490 19 % Jan 20% Feb 68c Jan 90c Jan 34% Jan 35 Ve Feb Jan al6% al6% / — 65 71c 4,400 35"% — 76c 35% 470 11% 465 10% Jan 11 % a45% a46% 120 45% Jan 11% __ 45% Jan Feb 63% Feb 63 "A 2,077 56% a84% a85% 201 81 Ve Jan 85% Feb 61% 58% __ 43% 43 % 340 42 Jan 43% Jan 17% 17% 321 16% Jan 18 Jan a44 a46 250 4472 Jan 44% Jan a43% a45% 100 — „ __ 13% „ 14 14 Feb 16% 100 J Jan 16% Jan 774 537 41 52 a__ 20% 21 8% 102 a74 147 80% 80% 32 39% 39 39% % 18 625 8% a73% 21 a73% 39% 8% a— Jan Feb 44% Jan 37 39% a56% a56% __ — Jan 42%-42% __ 42% a__ — 12% 2,341 al7% al7% 39% a__ Feb a — 21 Jan 8% Feb a— — Feb Feb — 76'A Jan 80% Feb 35 Jan 39% Feb Conv Jan 102% com 2,344 15% Feb 63 Jan 1.90 Jan 2.10 Jan 39% Jan Feb Feb 7 Jan Feb 38 Jan 10c 10% 10% 200 9% Jan lOVe Co (Un)—25 109 406 105% Jan 109 Feb 1 Jan 25 Feb (Un) — __ 24% — 109' • 4 Co —-3 Co • 23 325 47 51% 5% — a37% — 1 1 -20 ;• 24% 51% 264 5% -5% 570 5% al0% (110% a37 a37% 5 10'A 10 Corp 22 . 278 35% 43 720 41% 11 200 42'/a 22 1 20% 100 22 a4% •* Ltd (Un) * (Un) * 5 * * -— __ — 13% Jan 23 % Jan Great Greyhound Jan 25% Jan 50% Jan 57% North — a57% 62% -- •— —— Utilities (The) (State 22% a4% 51% Jan 6 Jan Feb 10 Va Jan 37% Jan 44% Feb Feb Jan Feb Jan Jan Feb 1 Feb Jan 22 Feb 50 4 "4 Jan 4% 25 106% 106% 38'A 39% 106 Ve Feb 106 Ve Feb 38% Feb 39 Ve Feb Jan 95 Feb 1,111 Jan (Un) 5 1 common & 10 1 Co Co Co Ltd Ry — — — -- 659 88 a57% a57% 182 a— 62'A 62% 974 59% Jan 64 Ve Jan 10 10 420 10 Jan 10 Jan 16 Jan 16 95 16 17 30% 17 Jan 17 Jan 12S 28% Jan 305/e Feb 47Va 47% 150 46% Jan 47% Feb 21 a7% 21 a7% 250 19% Jan 21 Feb 28% 27% 79% 50 7 — a a— — 23 75 78 Jan 117 28% 80 a57% a58% a50% a50% 13% 14 a— 28% Jan 16,097 79% 10 Jan 10 17 30% * (Un) a__ — 100 100 common 95 49% 80 80% ' Jan Feb Feb a— 50 Jan 13% 860 13% Jan 14 Feb 24% 24% 24% 800 20% Jan 24% Feb • pfd (Un)—• 3 1 non-cum 12% 30 3% a35% 6 A 61 13 30 3% a36 6 A 61 1,558 alO 16 A alO 16/e 163 1.20 1.40 14,666 -- Feb Corp for Week of Prices Low 4 Shares % 12% 12% 16% 15% ;16% a37% a37% a38 Mining (Un) Co Oil Corp Motor Car Co Foods Maryland Mines Corp Inc_, ' (Un) 46 Feb 46% Jan Idaho 24% Feb 24% Jan International Harvester 200 ' 275 V Feb 4% Feb International Nickel Co. (Can) International Paper Co 120 * a_.i 47 449 , 210 12%. 752 , '• Jan 48% Feb 5%; Feb 51% Feb 11% Jan 12% 689 15% Jan 16% Feb 135 37%. Feb International ■t Intex Oil 16% 1 1.35 20 Co Tel & -- (Un) Tel * a47% 30% (Un)—* — (Un)__——7% a60% com (Un)—• -33%c CO—., 15% 9% 11% Jan 13 Feb 30 200 Jan 30 Jan 610 3% 50 6 50 39% I Jan Feb Jan 61 Feb 13 Jan 16 % Feb 1.00 31 28 Ve 305 128 591 16 9% 6 % Jan 105 15% 8% Jan Jan 57 1,203 \ Feb a__ 14% 75 a46% a47% 30/2 3% 12 190 38% 38/e a60% a60-/4 Jan a__ Jan 1.40 Feb a._ a__ Jan 31 Feb 37,-% Feb 38Ve Feb 56% Jan 56% Jan; 14 Jan 16 Feb 9% Jan^ Jan 69 Va Jan; Jan 22 1 Jan 8% Jan si % 20% I, ,3'000 > Jan 1 ' Power — 6% Hunt High a35% 0% * A (Un)_, 410 4% J, a48% a49% 51% 51% 12% —20 Ltd 12% 30 3% • 12% class Idaho Range since Jan 1 Low ' Co Sugar Co (Un) Honolulu Hudson High a77% a78% a49 Honokaa Sales Range 1 Pineapple Co Holly Oil Co (Un) Exchange Week's class A Co Battery Homestake page $5. 38% Jan Jan 200 36% Jan 14% 6% preferred Goodyear Tire. & Rubber Golden Feb 22 Ve 46 12%' 63 2.05 Jan 33% Jan 552 24% Ill_i 63 15 Jan Jan Jan 62 10 2.05 68c 36% prior pfd (Un)—100 Chem Corp 10 McBean Jan 1,322 46 (Un.)—1 15 11 410 8 Ve Jan Feb 200 (Un) Inc Co Brewing 12 25% (Un),—> (Un) al5 15% 60c 1,574 pfd Co Gladding 57% l Thtres ais . 8 3,333 35 & Corp Public Goebel 25 24% 20 63c 15% — 101% 54 165 60c 60c 8% 6% L— 2nd Feb 55% » „ 1,430 102. 8% 6% 7c 25% 5 iUnl 101% — 34% & Preferred Jan 5% 21 57 Last common see 11% 5 4% Co_„5 (Un) J, Fpr footnotes Jan (Un) A Petroleums Foods Gillette 5 . Corp_ & Dye Qorp Mfg Aluminium Ltd ——'—% American Airlines jhc (tin) Para 11 2.25 25 * • (Un) Co Electric General 5 Brake common Can 'Co 354 a58% a59% — * Motors Corp common General Paint Corp common 1% 26% 0 Chemical Broad Feb Jan lo — Allls-Chalmers Amer Jan 58% 2.10 al6% 1 Gas Board 100 Sale Price American 63 % Jan Jan ,—5 • Co Machinery 600 Par Corp Feb Jan 50% 56 Va 5 com Works Fibre 28 Frioay Allied 14% 62* 452 Jan 1 common Capwell Federated 28 STOCKS Alleghany Feb 264 Feb 285/e Jan Jan Jan 21 231 8 San Francisco Slock Co Jan 5'A 5 — class Natural Hawaiian Reduction 2.25 56% —— Fields Plantation Hobbs Air 14% Feb Feb 12% " 11% _25 Corp Ltd capital— 25 Steel Laboratories 200 3 Ve 15% Jan 25 Co Lines Hancock Oil Abbott 11% 1 (Un) Calif Oil Emporium Jan 28% 34 10c Air — Jan Jan Jan 9 50 (Un) Products •V2% 350 27% 5% Axel Electric 14% 2.85 11% al3%al3% 2 Co Kodak 32 Va 33% Bros. Alloys 300 54% __ Co <Un)__15 Bank Nemours Air Jqn 23% — Engineering & Foundry Vanadium 500 Jan 1 class of Mont Lab Jan 493 7 7 29% CM CO 27 % Toy Mining United 100 10 Range since Jan 1 High 18% 5 & 3% 15% 24% (Un) General Spring Jan 54% • Co Oil Oil Eastern 32 1 Supply—: & 5 17 3'A I Chemical du for Week of Prices l „— Reymer Jan 4% 16 • common Du * Co Pittsburgh Brewing Co common $2.50 convertible preferred Pittsburgh Plate Glass Pittsburgh Screw & Bolt Corp Plymouth Oil Corp San 260 Jan Corp common Corp B Douglas __8.50 Refractories —_ Rockwell Jan 4% Jan 25 N Gas Corp Abbey Giorgio Dow Sales Last System— Fuel Feb 35c Jan (Un)_— „ Food Corp 30 Feb Jan — Equitable Gas Co Mountain Feb Feb 25c 22% (Un)— Nat'l 30% Ewa Natco 32% 30. 15% (Un). Refining Zellerbach 716 Brewing Light McKinney Mfg 28% Jan 182 4,750 14% Aircraft 889 * Walker 590 30 29c a63% a64% • of Motors 36% Co Manufacturing a 406 • Edison Products Corn Jan 5% Vultee Continental 31% Par Joy a 399 Syst class A—2% Natural 34% Sale Price Harbison — 354 25 —— Edison 31% STOCKS Gas a— 15% 10 System Commonwealth Jan 70% 5 5 % Friday Duquesne Feb , 32% 14% — a64 100 Solvents Consolidated Dominguez Duquesne Jan 10% Feb Pittsburgh Slock Exchange Columbia 37 Jan 25 23 % —2% Commercial Class Ludlum Jan 9'A 957 16% Iron & $3 cum pfd Doernbecher Mfg Allegheny (Un) — Broadcast • Woodward & Lothrop common Blaw-Knox 34% 37 a9% 10 • . B : Inc Jan 15% 25 Fuel common Light preferred Jan 16 3% „ 1 Co Preferred Washington 45% Jan a 23% 10 Com Chemical Class Feb 26% 26 = * com United Gas Improvement Jan 16 55 95 15% — 25 America (Un) Consolidated United 43% al8 a9% 4% — — 12% (Un) Jan 10 Scott Paper Co Sun Oil Co Feb 32 — 2 Corp Columbia Jan 20 Gas & Jan 32% 16% (Un) com Cities Service Co Colorado common Ltd Chicago Milw St, P RR com (Un) Jan Co— preferred El 17 Jan 23% (Un) Ry Co & Chesapeake & Ohio Ry Feb • • preference Jan 29% 883 Jan 3 div Jan 15% 905 45 Feb 18 40% - Service $1.40 Jan 37 Va 16% (Un)—_1% Oil Co Pacific Ii (J Celanese'Corp of Feb • Corp Public 65'A Feb 5 Caterpillar Tractor Co common Central 13% * common Potomac Electric Power Jan 36% 52 5.50 Co Packing Corp Dry Ginger Ale Canadian Atlantic 23% 10 Co 5 Co California 14% • com_ Participating preferred Philco 59% 205 30 25c — __ :10 Co. Cement 20% 62% common Common 2% (Un) R Jackson 14 % 14% Transportation Feb 455 Jan 50 & Hill Clorox Philadelphia 160% 13 10 * ,—. Burroughs Corp 100 Mfg preference 10 Inc Company 10 18% —10 Power 30% Jan a91% a91% — -5 (Un) Stores 111 18% 50 & Jan — 15 — Broadway-Hale 1 Water • (Un) 644 1 Electric 5 (Un) (Un) Bishop Oil Co —-—2 Blair Holdings Com (Un)—". 1 Boeing Airplane Co cap (Un) —_——5 Jan 3,056 : Salt Corp Steel 29% 380 1 Instruments 29% 107% 111 Jan 29% 156% 135 — - Feb 365 a9% — Feb 16% 2,819 a99%al00% — 1 Aviation Bethlehem 29% 380 1 -20c Calif of Co 28% 15 Light Feb 16 Jan 200 29% 5 Bankline Oil Co 5 & 47% ^ ^ Jan 36% — * RR P2 —3 Basin Feb 56 700 Jan 18% common L) Jan 13% a9 — ,—10 Bendix 4% 2,044 Line Refining 5 Pennsylvania Power Pennsylvania RR $1 5% Coast Bandini Jan 61% Corp Philadelphia 9% 58% 25 Lehigh Coal & Navigation Lehigh Valley RR Pennsylvania Pennsylvania Jan 18% Corp Hecht (The) Co Pennroad 83/e 25 Brothers Martin 64 50c preferred convertible preferred General Gimbel Feb Jan 4% 100 common 14% & 917 al8 a9 10 Fe Co Byron (Julius) conv 5 lo class A Jan 32% 32 44% — 5 (Un)__50 (Un) (111) • Co of America Garfinckel Feb Feb 21 % 48 33% 12% Battery 60 60 44% al8 5 Co (Un) Gas Corp 10 Fidelity <fc Deposit Finance Co Ve 161 Ve Jan Jan 61% 13% Jan Jan 9% l Power & Light common a 46% Jan 29 Va 12% Co Duquesne Light Co Electric Storage 44 37% 50 —20 (Un)—. 5 Corp (Un) Atok-Big Wedge Avco Mfg Corp (Un) High Feb 745 * Publishing 35% 31% 25 Corp Delaware 40 21'/8 13 Company Chrysler 30% 36% 36% al7% al7% — (Un)— Topeka & Santa Atlantic Low 35% Baltimore Transit Co— Common 30% 159% 160% 36% * (Un) com Atlas Range since Jan 1 High 159 % 161'/a 160% • Co 16% 60 25 (Un) Corp Oil Co & Atlantic 35 % * Arundel Corporation Atlantic Shares Armour Atchison for Week of Prices Low Steel Armco Sales Last Sale Price Par ! 15% — 25 Co 14 Fuel 100 Co_ Tel & 17% 14% Jan Philadelphia-Baltimore Stock Exchange Co 85 — (Un) (Un) Tel Arkansas Stores 200 15% 15% S 8 & Arkansas Louisiana Security & Trust Co 16 a35% a35% High a— 190 Feb 10 American 50 47% — a35% -3 * 25% 57 10 American Low a37 " 4.7% — Chemical cl B——* & * Co Range Since Jan. 1 High a37 — 20 (Uri) Ltd Factors 42 —; Service W> 5% * common Corp Shares Smelting & Refining— Jan 25% 1 Bankshares (F 25 40% for Week of Prices Low 10 31% Co Stores Woolworth (Un) (Un)— Foundry 5'/4 10 Wisconsin & Cvanamid Co 40% 12% Wisconsin American 31% Telegraph Wieboldt Feb Jan Car 1 __10 Union Motor 41% 24'A Jan Jan 'American Sales Range Par High 5 (Un) Westinghouse Electric Corp White Low 500 Week's Last Sale Price * Co Co Western High 41% Corp Walgreen Low Friday 41% (Un) 13 STOCKS 10 (Del) FEBRUARY Range since Jan 1 25 . Inc Corporation U Shares ENDED for Week of Prices Last f' WEEK FOR Sales Johns-Manville Jones"& Corp (Un) Laughlin Steel (Un) —• 10 a69% a70% a21% a21%a21%. ; 6 230 130 „ .Jit The Commercial and Financial Chronicle ' 40 (7'48) . . Monday, February 15, 1954 . i OUT-OF-TOWN MARKETS RANGE WEEK FOR FEBRUARY 12 ENDED Friday *23» Sm Francisco Stock Exek. (Conk) Low Alum Chem Si Preferred Power Salt Loew's GO 2% 2% al9¥a al9% a69% a71 43% 44% 51 2% 635 G2 2% Jan Preferred Jan 66 Jan 68 Feb 39% Jan 45 Feb Remington 36 — class (R Co Magnavox B H) 310 33% Jan Jan Republic 55 2,699 9% Jan 9% Jan Reserve 26% Jan 30% Feb Reynolds Tobacco class E- 13% 13% 13% 14 Steel Oil 1—. Co Matson Navigation Sugar McKesson Menasco Merck Mfg & — 540 13 % Jan Jan Rheem 1,050 1.40 Feb 1.50 Feb 122 20 Jan 22% Jan R Feb 18 16 Jan 17% : 16%c Jan 19% Feb 18% Jan 21 Feb 5% 200 5% Feb 5% Feb 41% Feb 41% Feb 22% 17 41% 110 — 3% 3% 400 2% Jan 3% Mindanao ~M -J Mother • ___P.10 21% 284 19% Jan 21% St Monolith Montana-Dakota -Montana Utilities Co__ Power (Un) -*• Co Nash»Kelvlnator Corp (Un) national Auto Fibres Inc Distillers Prod "National National -4 Norris Oil 415 26% Jan 29% Feb 25 32% Jan 32 % 56 Jan 15% Jan Jan 50% Feb Feb 50 307 48% 19 19 106 19 39% 920 36 % 2G% 27% 1,163 a55 a55 20 34% 34% Aviation San Industries common • •" Schenley ' 1 ... 5% 5% North American North Co '(Un)—— American 40 39% 40 a35% 5%'% preferred Northern Pacific Railway 85c Jan 1.05 Jan Shell Oil Co 32% Water Co Northrop Aircraft Inc Jan 32% Jan 395 56% Jan 61 % Jan Oceanic Oil Co Feb 32 % Jan Southern Co (Un) Olaa Co (Un) Sugar United Oliver (Un) 18 Jan 18% Jan Jan 20% Jan 23% Feb 5% Feb 3,254 25% Feb Southern Calif Petroleum————j. 298 27% Jan 28% Jan Southern Co 4% Feb Feb Southern Pacific Southern Railway — — 5 6% tUni—; 115 150 12% Jan 13% Jan 20 60 80 674 18% Jan 20% Jan Standard Oil Co of California 55% Jan 61 Feb Standard Oil Co (Indiana) 88 17% Feb 18 Jan Standard Oil of 3% 3% 14,532 3% Jan 3% 39% 550 38% Jan 39% 62 Feb 62 Standard Feb 90 Sperry Com Feb -39% Feb Feb 3% Jan 3% 150 17% 18 310 8% 8% 150 8% Jan 8% Pabco Products Inc 15 14% 15% 225 14% Jan 15% Jan 16% 16% 5 6% a31% — Pacific American Pacific Can Pacific Coast Pacific Gas 1st 6% 5% 17 Feb 18 Jan 5% Aggregates— Corp Electric & (Un) 10 25 common preferred— red __ _25 preferred 27% 25 A ser — 25 red preferred 5% — 25 preferred red 40% 25 —; 140 7% Jan 8% Feb 16% 100 14% Jan 16% Feb 6'% 6% a31a31% 360 5% Jan 125 29% Jan 8%' 8% 5 — preferred 1st 7 4.80% • Fisheries—; Co Finance Pacific 15 common 27% 35% 29% Pacific Lighting Corp Pacific Petroleums Public Service Tel Tel Pacific & 34 common Ltd—— 1st 1 pfd_ Feb ? 14 Feb i 87% 262 79% Jan 87 ¥2 Feb 24% 25% 38 38% __ 100 Packard Palmer Pan Oil Corp Motor Co Stendel Oil Corp 33% 39% Jan 40% Feb 632 33% Jan 35% Pennsylvania RR Co (Un) Pepsi Cola Co (Un) (Un)— Pioneer Mill Pullmah Pure Inc Oil Ltd Co 35% 29 V4 Co f *32 Vsj- Jan 33 Jan 1 50 27% Jan 28 Feb i 1,178 32 ¥2 Jap 34 Jan 34 I 34 Feb f iQ-% 16% 10% Feb 16 16 ¥4 1,114 15% Jan 16% Feb * *• 40% 39% 40 ¥4 1,400 36% Jan 40(4 Feb | a.43_% * 51% a43% a46 ^108 40% Jan 45% Feb + -49 5iy« 390 46 ¥2 Jan 51% Feb ♦ 356 28% Jan 31 Feb I 5,117 52% Jan 58 Jan r 2 ; „-1 (Un) —• Inc N r- Jan * v —1 • a 15 —„5 5 al2% ' 53 77 % a 78 ¥2 77% 177% - - 57% 57¥4 . / - - 57% cap——25 J - a30¥4 a31% 78% 488 al2¥« al27/» 150 a - * a— — 72% Jan Feb 78% a__ v . 4 ^ a— 38 ¥4 38% 360 37 ¥2 Jan 38% Feb 21 ¥4 21 ¥4 410 20% Jan 23 Jan 17% 18 Ve 1,400 16 ¥4 Jan 18 ¥4 P'eb 11% : —_1 / Sunray Oil Corp (Un) Super Mold Corp Texas Jan Corp World Trans -11 Jan 12% 31% Jan 33% 63% 484 58 ¥4 Jan 63% 9 9 200 7 Jan 10 22 22 ¥t 1,021 20 Jan 26 ¥4 26% 5,704 2 26'% .5 I_ — Inc (Un) Corp Jan^ " Feb 22 ¥4 a • * Feb 9 Jan 25% Feb 27% Jan 12 13% Jan 13% Jan 17% 255 15% Jan 17% Feb 72 ¥4 721 72% Feb 74 ¥4 Jan 13% al4¥2 17% _1 (Un)_i Carbide & Union Electric Co ^_10 a22<% Union Oil Co of California common—25 41% 27% Jan 2a% Jan Union - of Sugar United ■ Carbon 72 ¥4 Union Jan 9% 500 8% Jan 9% j i 27% 264 26% Jan 27% Feb 118% 119% 276 114% Jan 119% Feb United 141 25 138% Jan 143 Feb United ( 42 1,679 39 Jan 42 Feb 1 12 V2 21% 21% 300 20% Jan 22¥# Jan 5 51% 52% 430 46% Jan 52% Feb 10 1 Coro Lines Air Jan 41% 23% 24 1,574 21% a5 a5 4 5 23 276 28 (Un)— Inc— 86 a22% a227/a 21% 21% Jan Jan Jan 24% r Jan 27 • Mo. ; Aircraft United 35% 9% 33% 34% 141 33% 2,924 33% 33% 3% Feb United 32% 280 3% 450 4 Jan Jan Jan 21c Jan 35% 4 Corp of Delaware Gas 1 (Un) Corp Park City 10 Mines Co (Un) 29 29 29 Jan Jan Feb 1 ¥4 25 1% Jan 1% Jan 31% 229 2.9% Jan 32 ¥4 Feb 40 % 41 % 1,442 39% Jan 42 Feb 10% 11V4 11 ¥4 Jan •14 31% 40% —♦ ^ 5 Jan 31% 14 Feb ¥4 al 1 5 , U S Steel Corp common- a ' Feb Jan 27c Victor Equipment 22c 4,547 11 1,364 115 9% Jan 11 Feb Warner Bros 27% 27% Feb 27% Feb Wai'fen 252 17% Jan 17% Jan 21c (Uni 9 Rubber (Un) —1 27% 400 14 Jan 15% Feb 340 31% Jan 34% Feb a29 a29 22 29% Feb 29% Co — Pictures (Un) CorpWashington Water Power 11V4 1 —3 9% 2,135 14 330 14 a32¥aa33¥4 100 a32% 29 435 308 20 Jan a__ 5 Petroleum - 29 Feb a._ ! Jan 29 Feb Jan 26 ¥4 308 Jan Feb 3% 58% 3% 59% 50 44% 45% 620 70 a54% a55'/4 „ nfli - - V 3% 100 265 6 45% I 11% Oil Feb 6 - 200 209 com Airlines Tri-Continental 11% a33 % a33% 63 ¥2 Associated Transamenca a33% 7.50 : Incorporated Water 17% - —25 50c Company (Un) Textron Tide Products—, Electric ' *—1 5 Jan 34 % 3% • ■- ^an 671.. — Jan Jan .34% „ - ■ ■ 26% 8¥4 27% 29 — • ■ Feb 32 ¥♦ 28 % 20 (Un) 25% 40 Jan Jan al7%al8% 15% 15% __ P10 (Un) ->ll : 335 3,900 Jan 28% 112 34% _3 (Un)„ 1 Jan * 1——J—1 — Brands 10% 12% Philippine Long Dlst Tel Co Phillips Petroleum Co Feb 39 r 26% __ al8 —; * 38 Jan - 34 Wells Fargo Bank & — U T 100 • 58 % ' 6 41% Preferred West Coast Insurance Jan 4 Jan Feb 60 Jan Western Feb 6 Feb Western Feb Westlnghouse Elec Corn 4Un) Jan 45% (Un) (F W) 45c 52c 1,631 5% 5 ¥4 5 ¥2 28 ¥2 28 ¥2 200 (Un) ^ 'i 9% 9% —12% 57 44 3% 20 9% a. Jan 5% Jan 10 Jan Jan 28% Feb a— —>— - Jan 59c 1 Jan 27 1,100 . Jan 34c a57 a55¥» 10 " 10 a41% a41% 10 — 301 2,302 l_25c Stores— Union Telegraph (Un)_ Wdolworth a__ a__ Dept 45c 1 (Un) Life 308 308 1 Westatqs Petroleum com (Un) Philcb Corp 38% Feb Jan 38' - 1.139 10% 27% 21c 1 _1 J>0 33%c Phelpl Dodge Corp (Un)__ Jan 35% 562 - Feb < (Un) (Un) \ 6 ¥2 35 3% 10c American World Airways Paramount Pictures Corp 1 Feb 25% Jan 32% 537 - 32% 33% - 1,112 611 __ 4 * (Un) common 20% 1,330- - 133 ¥2 (Un) Co Stanley Warner Corp (Un)-l Sterling Drug Inc (Un) —i Studebaker Corp (Un) U Pacific Western - ■ a28% a28% 28% 28% 27% 27% __ _100 common Preferred . , 36 37% a27% a27% __ —* Jan Jan 7,598 40% 40% 6% 30 ■*> Pacific ] 61% Jan • B t Feb * Feb 5 class Plantation—- Jan 77 • Jan a62%a63% 20 Filters Sugar 22% Jan ;— Co.—— 21 Sylvania Paauhau Jan 69% —.6 i_ 24% 3% 21% ;B7 % „ <Uit)—__r-25 preferred 20% Jan 20% Jan 3% f Jan Southern Calif Gas Co pfd series A—25 al8al8% 3% • Jan Jan Jan — 6c Jan ;'32% Jan 20 59 Jan 61 % 25% 4% — i 5c ' 12 / %-- 18% — Jan 352 Cumulative preferred 4.£2%; ——25 Conv preferred 4.48% ——J 25 Convertible preferred 4.88% —25 Jan 153 240 12% » 22% — 100 25%. 20% 21 » — Jan 14 2SVs 18% 12% Jan a— 21 % 110 38% 17% — 40 % Jan Feb 61% 38% 440 355 1,335 5% 13 % — lf> 17 % 19% 24% 21 38% 145 76% —• 17'/a 19% 24% -12 — Jan a— 33,152 (Un)—• Calif Kdison Co com Jan 24 6c a21% a21% -—5 16% 100 1 Ohio (Edison Ohio Oil Co 35 Jan Gl.% * Sinclair Oil Corp (Un) Socony-Vacuura Oil >(Un)_t^ 30% 5 1 Feb Jan 3% Feb 7Q7 5 25 Feb 55% 360 76% -15 60% 28% a2l% 22% 5c .* (Un) common Signal Oil & Gas Co Class A__ 10% Feb 28% 100 - (Un) 28 % 34 66 a35 a35% 21% 22% 1 , Shasta 110 __ Jan Jan Feb ■ • Sears Roebuck & Co- Jan 2144 23% 5 25% 28% -10 39 % 54% 2,751 10 5 P.10 (Un)_1.40 Co Paper Jan Jan 23% 5 21 common_l Investment Jan 26,620 .. . 3c Jan 5 25% 1 (Un) 19 Feb 26 100 5% 1 —— 30% 1 American 15 37% « ^ North I Jan al7 26% a 16 __ 28% a 16% 50 37% High a34% a34 % 5 (Un) 28% 9% • Co Lead Paper Co (Un) Mauricio Mining Regis Jan 20% • Power—. 17 a 15% — -1 * Company 28% t— — 60% — 5 (Un) « Y Central RR (Un) Niagara, Mobawk — Jan (Un)__25 A 30% — 92 —1 • Co class Co Cement Jan 565 75 21% a33% a33% — Feb • Pictures Corp (Un) O 2c 27 60 3,700 12,770 25 21% — • 10 5 (Un) Gypsum Natomas — 21% '• — Montgomery Ward & Co -Mor-rison-Knudsen •*&> — >—5 (Un) a28% a28% 2c 2c 90c 96c 10% 10% 93c M & 89% 88 1 Manufacturing Joseph St Feb 41% — Cons (Un) 10c Portland Cement com (Un)-* M & Inc— Lode Mines 89% 81 Safeway Stores Inc— Jan 21% K Scott Middle South Utilities Jan 88 Feb 17 5% — -—-—1 — Jan 20 Low Jan 848 625 2,640 - — 18 (Un)_ Co„, Inc(Un). Co 26% Feb -10 (Un) Richfield Oil Corp 5% 5 (Un) Co — 19% 1 (Un) Co Robbins Inc & — 5 L (Glenn) Jan 18 (Un) Corp a22% a22% al7% al7% 17% 17% 18 19% 20% 21 a22% • 1 23% 400 Gas Co & 150 1.50 1.50 * . common Co Martin McBryde (Un) 35 Calculators Marchant Rand a9% 30% (Un) 668 18 1 Rayonier Incorp common Preferred —————.—■ a._ 35 , 25% 18 1 25 - 475 953 Riverside Macy & of America a9% 28% — __ 25% * * Ry Equipt & Realty Ltd com * — 25% 18 ^50c Radio Feb a. Range Since Jan. 1 100 Jan 49% 30% 10 - & Libby Aircraft Corp Inc -- a50 28% Corp Shares High (Un) Jan Jan 26% 10G for Week Low Par High ——7 1 Co Lydns-Magnus __ a70'/i • 2.50 Libby McNeill ..Lockheed 2% 8% Light (Un) Corp (Un) Kern County Land ;— 27% a 49% — 1 — & Kennecott Copper Leslie — 50 - Kaiser Motors Corp Kansas 1 Corp com Low Sales Range of Prices Sale Price Range Since Jan. 1 Shares High 27% Par Kaiser of Prices Week's Last STOCKS Sale Price STOCKS ¥4 891 50% Jan 56 % Feb 44% 323 43 ¥« Jan 45 Feb • CANADIAN MARKETS RANGE FOR WEEK ENDED FEBRUARY 12 - STOCKS Friday STOCKS S^le Price Par Abltlbl Power & Paper common ^ 11.50 preferred Acadia-Atlantic 18% 25 Sugar 26% common——* * for Week of prices Shares Low • Class A Sales Range __ - 18% 10,559 26% 26% 2,340 a6% a7 35 al7% Low 26% Feb Feb 6% Feb Bell Jan 15 a__ 41 775 40 50 % 4934 50% 4,820 24 24 1,095 104 104 ¥2 335 Anglo Canadian . Pulp 24 104% a— Jan 46 Jan 23% Jan 104 Feb 42 50% Feb 24 ¥2 Jan 105 Jan & Paper— r $2.80 preferred Anglo Canadian Tel Co 4¥2% 50 — pfd 50 — — Class on Orders handled Canadian Stock on 50 39% 675 - 48% Jan 50 ¥» Jan 87 39 ¥2 Jan 40 Jan Exchanges through our Canadian affiliate which has a direct private wire from coast to coast. W. C. Pitfield & 30 Broad Street Co., Inc. Tel: HAnover 2-9250 Teletype: NYl-1979 class 13% Feb Feb 83 ¥2 Jan 25% 26 5,221 24 ¥2 Jan -16 16% 26¥4 Jan 16 ¥2 Feb * A. 44 43 • — 40% 19 20 150 40¥2 8,234 7 ¥2 7% 7'¥2 4,893 al6 al6 al6 25 American Oil:commorx__— British 5','r. 22 '21 ¥2 preferred 1 39% 6% Jan Jan 44 Feb Jan 20 Jan Jan 40 % Feb 7% Jan Feb Jan a__ 49% — British Columbia "B" Class Building Ltd class 93 % Jan 50 Jan 6 ¥2 2,455 5% 19V4 1,427 17% 36 36% 1,620 35 ¥4 Jan 36% leo al0¥s al0¥a 10 11 Jan 11 ¥2 Jan 4.25 220 4.25 Feb 5.00 Jan 35 ¥2 39 862 35 ¥2 Jan 6.10 7.00 600 6.10 Feb 4.25 • — Calgary Power 5% 35 ¥a - 5 " __ pfd 101 ¥4 101(4 —^ Canada Cement common—'— -——• 95%* i 95% '97¥2 2nd Northern Power Corp 1st preferred. k Feb 7.25 Feb 101 ¥4 Jan 1,090 89 Jan Feb Jan 98 28% 29% Feb 29% 29 29% 1,615 21 ¥2 21 21% 1,005 19% Jan 22 Jan 10 60 5 10% Feb 10% Feb 100% Jan 101% Jan • 100 -100 preferred , • A 100 Feb 39 10 Foundries > all all 101 ¥s 101101 y« —al00¥2 a 100¥2 Canada Steamship common —"— 96 96 5% preferred • •' 50 50 49¥2 50 Canadian Breweries* ——" 227/8 22% 23Canadian Bronze common * 34 34 34 ¥2 Canadian Canners Ltd * 29. 29 29 Canadian Car & Foundry common • al7 al7al7% Canada 15 Feb 19 ¥4 Jan 20 $1.30 preferred Canada Safeway Feb Feb Jan 6% 19 _T Products Dredging Iron Jan 48% 6% • Gold Canada 22 ¥4 91 ¥2 410 ¥4 19 » "A" Jan 115 50 22 6 ¥2 II25 Telephone— 20 ¥2 93Va 49 36% 9 * Columbia -Power—- . 7,627 93 S3 100 British Mills r pfd..100 — NEW YORK 15 ¥4 250 20 40 ¥2 -25 12% 835 , 39% —-— British Columbia Elec Co 4%% Class rt Jan 82 ¥2 ' Bulolo all all Paper British Columbia Forest Products— 49% 39% 1 Canadian securities. B & Telephone Bruck Fast quotations Power 370 260 16 Brazilian Traction Light & PowerBritish American Bank Note Co— 17% 40 Bathurst 13¥2 83 ¥4 —* * Jan 6% 41 100 Steels .Ltd— 26 Feb 13% 82 ¥2 25% • 18% • preferred—29 Atlas : — High Low High 13% common Jan • Aluminum Co of Can 4% 5 %49 2nd oreferred High Corp Range since Jan 1 Shares 82% "l00 16 ¥2 Aluminium Ltd a preferred Asbestos Range since Jan 1 High 18% 4 ¥2 % Algoma Steel __ Low 0 Argus Corp Ltd common—.—=—— Sales for Week of Prices Par Week's Last Last Sale" Price Canadian Funds * Week's -Range Friday Montreal Stock Exchange 20 19 ¥2 19 ¥2 20 Jan 101 ¥2 100 ¥2 Feb 93 Jan 96 Feb1 49 ¥2 Jan 50 % Jan 7,770. 425 25 21% Jan. 23 Jan 330 17 ¥2 Feb 18 ¥2 Jan 19% Feb 20% Feb 115 575 1,020 . 34 Feb Jan 30 Jan 36 28 ¥2 . Jan r For footnotes see page \ . 45. Number 5299 Volume 179 . . The Commercial and Financial Chronicle . 41 (749) CANADIAN MARKETS RANGE Friday STOCKS Week's Last $1.75 Canadian Cellulose & Oil 5'e - Pacific Canadian Vickers Chrysler Corp Mining class Corbys & Smelting Crown Seal & Seagrams Dominion Bridge Dominion Coal Dominion pfd_ preferred Dow Bros East Jan 6 Jan 25 Feb 11% 60 10% Jan 11% a37 20 36 Jan 36% Jan , 100 >q Jan Weston 6% 21 6Va 275 » 6% 17 17 20% 20% .'. * 15% Jan Corp 1 • common preferred 9% Feb 9% Feb 8 995 19% Jan 21 Feb 5 rr Gypsum Lime 1,385 Jan 15% 14% inc pfd 17 102 Hudson Husky Bay Jan 23 al05 8 104 Jan 109 37% 38% 1,045 35 Jan 38% Oil a61 a61 20 59 Jan 62% 16% 15% 16 % 175 Feb 16% Imperial Oil 101 100 101 35 49 49 200 48% Feb 49 Jan 45% 44% 45% 510 50% 50% com—* \*<» 32% Jan 36% preferred Feb 21% 36 285 21 21 30 22 22 22% 46% 46 46% _• 4 Jan 101 40% 39% 40% 3,065 8.00 8.00 100 —1 __ $1.50 preferred Inglis Intl 7% a24 a24 265 23% Jan 24 6 : 6'% 825 • 38% 38% —100 Power L, Utilities Corp com——_5 7% 7.50 Ltd the com 100• I Corp Secord Laurentide Class B Warrants Bros Lindsay * Class & class __ 31% 32% " 23% , Jan 21% Jan 300 15% 15% al36%^al36% 11% 33 - - 23% Jan Feb 17 5 15% Jan 28% a__ 65 11% Feb 18 Jan a__ — a__ 10% 11% Jan ___ — Jan 15 750 13 Jan 15 Jan 13% 195 18 Jan 18% Feb &2.00 a2.15 a8% a8% " '' " —* * a23 30 18% (J Mitchell (Robt) i S»— * Breweries class A B; Montreal Drug 5% & preferred Chemical com Preferred Wire : Weaving-^ Mines i ...» Jan 18% Feb 18% 29% Jan 31 101 10 Feb 101 25% 26% 1,233 2.75 2.85 2,900 al31 al31 5 12% 1 12% 8% Feb Jan 30% Feb 410 37 Feb 87 Feb 75 45 Jan 51 Feb 51 23% -24V* a24 - 110 12 ■' 24% Feb Jan 23 % Jan 15% Jan 16% 810 12% Penmans 6£** Products 12% .. 35 53 47 65 * Feb Feb 100% Jan 10% 11% Jan 12% Feb 25 r- -75 - (60 9% • --.325 >61 Jan 100% 300.200 -26 34% • common preferred Feb 26% Jan - Feb Jan 32% Jan 35 Feb 58 3,719 i * Placer Development- -:--2l0.- Feb ■62 Jan 45 30% Jan 31% Jan 69% Jan 74% Feb 46 45 Feb, 5 a— 174 ' - al051Aal05% 27 V» • 26% 27 % 535 27% —1 Powell River Company 45 45 —100 - 31 - ^74%-- 74% 74'/a, u L 31 • 1. Tubes 27,% 27% 3,405 SAVARD r 25 47% Jan a__ — - 26% TORONTO CANADIAN STOCK STOCK STOCK 29% Jan Jan 27% Jan Branch TROIS-RIVIERES 10% 1,580 10. Feb 12 Jan 55% 2,945 50 Jan 57 Jan 665 35 Jan 39% 96% 96% 97%, 110 96 Jan 97% Feb 8 7% 8 459 8% Jan page 45. 7% Feb Feb 22% 780 26% 25 28% 28% 75 38 37% 38 3,677 42% 42% 43 495 30% 30% 1,275 33% 34% 1,250 33% 33% 40% 41% Jan 22% Feb 26 Feb 26% Feb 28% Jan 28% Jan 36 Jan 39 Jan 42 Va Jan 43 Jan 27'/a Jan 30% Feb 33 Jan 34% Feb 25 31% Jan 33% Feb 1 3,790 37% Jan 41% Feb s 20% . 10 „ 41% Week's Low - SHERBROOKt 7% Jan 8% 1.20 Feb 1.50 a6% a6% 25 7 Feb 7 Feb 13 Feb 13 Feb Bros Ltd * 7% Company 2nd General Gen l'/e Sugar Electric Ltd Food Feb 88 Jan 98 Feb 49% 50 135 49 % Jan 50 5% 5% 200 5% Feb 17% 17% 721 17 550 2 545 a24 25 35% 36% 1,321 • 36% 162 Ltd Neon Commercial Alcohols Jan alO 1 10 Feb 10% Jan a81 23 81 Feb 82 Jan 5% 5,625 Jan 5% 11% 105 11% Jan 12% 67 50 67 Feb 67 Feb al03 al03 5 103 Jan 103 Jan * ■ . 1.75 a 3?50 300 13% Jan 14 Jan 920 26c Feb 30c Jan 50 al,75 2.00 10 41 100 * 3.75 3.75 900 a6 a6 25 7 250 7 Feb a75c 52 75c Jan Ltd-* A " 7 a75c * ^—5 class A 3.65 a— 3.50 Feb Jan 41 Jan Feb 3.90 Jan a__ — 7 , 10 6,150 40% anJ 45% Feb 100 12% Feb 12% Feb 37% 12% 377/a a42 37% a43 . a— a— — 34 Jan 38 Feb 30 43 Feb 44 Jan 625 22 Jan 25 Va Jan 350 27% Jan 30% Feb Feb 1,277 - .v Dominion Engineering Works—; » 24% 24 .24% Oilcloth ♦ 30 30 30% 65 65 65 ; 30 65 Feb 65 6% 6 6% . 4,420 6 Jan 6 1.45 ' 2,700 78% 1.50 81% 95c 1.00 < 1,010 East -7^ -Kootenay Power Eastern Fleet Ford Steel Produces Manufacturing Motor Co of pfd—100 eum Ltd — Ltd, Can • class A—i • Foreign Power Sec Corp -Ltd coin__i__ 6% red preferred ,-100 Jan a23 a23 12% : 50 Linoleum —5_ Feb „80c Dominion & Feb 43% .45% 45 0 4 Corp Limitee • . a75c 3.50 39 3.85 Jan Feb 3.50 41 cl Feb 14 3.50 Sec Feb 26c 14 26c 26c 4.70 pfd—100 Canada Standard Feb 5 Consolidated Paper Corp'Ltd~j Crain Ltd (R L)__ , Frcre 80 67 common Bakeries of Zellerbach 165 Jan 5 Div & Feb 80 11% • Consolidated Crown 162 5% A Advert Consolidated Jan 41 10 • class Ltd 37% Jan 165 a80 alO 1 * General Jan r„<' A preferred 34% Feb Feb 23% a81 a81 Lumber Co Prodcts 550 Jan Feb 162 * Company 17% Jan Jan 23% Jan 5% a80 100 Ltd class Claude 17% 87/a Jan 550 preferred "L 1 Neon General Advert class A—* Claude David 12% 575 * Westinghouse Co LtdIndustries pfd 8 Vc 14,550 a24 common Western % Vc 10 11% 97% • Canadian 5 alO 11 96 0 Ltd Canadian Cinzano Feb 11% 50 Ltd Co preferred Catelli Feb 96% 100 Marconi Feb 1 : preferred Canadian 27 • Canadian Ingersoll Rand Co Ltd_^ Canadian Intl Inv Trust Ltd com ,5'/c • alO Jan 25 1,010 1 Investments Canadian -Industries „ 27 * Co Ltd Dominion & Canadian 25 100 preferred Canadian - pfd common 'lst preferred conv Canada * 78% \ 1.20 63% 1.801 27% 28 alio Jan 81 % Feb 1.00 Jan Jan 25 Va 5 Jan •1X5 95c 154 alio Feb Jan • 28 % Jan 28 Jan 110 Jan * Goodyear Tire & ^Rubber *of Can Ltd. Ureal Lakes PaDer Co 'Ltd common-. "Class A preferred—— Ltd Horner (Frank W) 21 .22% 22%, a48 Class Royalty B class ' 1 1 Alfred, Inc MacLaren j Ltd Paper Jan 4.85 3.00 9% Jan 9% .110. 4.10 Jan 4.85 Jan 300 -3.00 Feb 3.00 Feb 5 - Jan 150 25c Feb 25c Feb 11 405 10% Feb 11 Jan Jan 25 25 50 6% "6% 1,400 10% 10% a 100 300 25 . , 5% Jan Jan 7% Jan 11% Jan 10% Feb 11 Feb 11 40 % Feb 42 Feb 43% Feb 46 Feb Feb al6 15% Jan 15% Jan 105 54% Jan 55 Jan a7% . 715 58*% a7% 92 300 46 15% 92 5 42 , 58 4 Light & Co Ltd al6 • 205 11 " 41 45% 0 • Co -. 11. : 41 , 4% ' 1 pfd— Distilleries Ltd •€% pfd__ Pow . 25 ;__1 j— cl A Maple Leaf Milling Co Ltd Oil Feb 48 25c 6% ^ & 22% 25c' —20 ; (Walter M)_! Power Jan Jan , J.td r i B Ltd— common Co 19 48 10% ' (Can) ' '— B Groceterias a9°'i 3.00 ; Paints ~ Feb 9,050 A + 4.5Q ... A__'__ii — International A • -4.50 Corporation 103 4 ; a48 a934 class A Hydro-Electric Securities Mexican ST. JOHNS. P. Q. High 2,535 Ltd Melchels - Low 5,010 Pulp Sc Paper Development :Co McColl-Frontenac Offices. Range Since Jan. 1 High 8 % Lowney Co PL-950! Shares 1.50 'Class EXCHANGE for Week 8% - EXCHANGE Sales Range of Prices 1.50 Class - Exchange Funds Last 50 a__ 92 5 92 10 — a__ Feb -92 Jan 10 — Feb 10% 162 6 % 7% 1,574 5% Jan 77/a Feb 8% 10 com—* 8% 1,100 8% Jan 8% Feb a 7% .Preferred 10 a Jan Minnesota & Ontario'Paper Co 5 30% 30% 31% 2,700 28 Jan 31 Va Feb Moore • 25% 25% 25% 1,035 24% Jan 25% Feb 12% 13 375 12 Jan 13 Feb Corporation Ltd common Royal Rice Mills Ltd ♦ i ( 1.50 Mount see Jan 39% 26'A 10 _ Corporation Lambert, . 1181 St. Catherine Street West, Montreal footnotes Feb Jan 8% Loblaw EXCHANGE ST. WEST. MONTREAL Telephone For 2.85 12% Jan 54% —10 Inter-State Jan & HART MEMBERS:'MONTREAL 276 ST. JAMES QUEBEC 12% 135 39% 28% J6'k preferred Interprovincial tltilities / 26%' Feb Jan Jan 26% class .- Jan 2.59 • # 8tcel Page-Hersey 23 131 Feb Feb — 34% Jan — llO 60% Jan 23% 25 -25% • 23% 175 60 100% 100% 26 302 875 * 16% 60- - ' _ Ontario 101 Jan Jan . 5 Jan Jan 37 — Ltd 17% Jan 50 100% 1 3,240 -7% — . Feb 26% 16 • 18% 18% i_5 1 National Steel Car 2,288 % Preferred Feb 300 a23% —5 a__ — -18% 2,692 16% 100 — 11,375 a23% 140 Jan 8% • Telegraph 1,75 a.. 133/4 -24 f a__ 100- 30% ".31 • * 35 Jan — 8% 37 ♦ ; Locomotive a„ v 26% — Montreal Co 18% -1.75 100 T8% 18% 18%' ' 400 1 a23 18% — — Mitchell 31 25 — — Feb 30 Jan a__ 400 Feb 18% 8%' Niagara 30% 14% • Noranda 570 6,43o a.14% al4% • National 31% Feb T5 A . 30 % 2.84 * _ Butterfly Hosiery Jan 80 ♦ Frdntenac Oil 34% a 2,2% —III100 10 $3.00 Jan 85 18% i & 23% Jan 69®? MrColl Morgan Feb Feb 18 11% i__• Bloedel Jan 30% — ; • Feb 59 Jan 30 Mailman Corp Ltd priority— Massey-Harris-Ferguson Class 132 80 18 a2.15 B Molson Jan 29 30 4 (C W>_ MacMillan 32% a • $5 Feb 19 18 — Ltd '290 # Scotia Brown Feb -20 — _ 30 34% 55% _ — Belding-Corticelli. Jan * Preferred Lewis 9% 6 37% Jan 04' _J . L_* A Jan 1,055 30% 15% 3 class 157/a Jan A 10 Works & Limited Casmont * Shops Feb Jan 34% 150 32 — TOO Candy Jan v common preferred Beatty Fob 129 525 - 22% 22% • common Acceptance 15 33% ■ Cotton preferred Arcan Feb 9% 250 82 .i.- ■ 38% 41% 5% - 3,529 748 23% 80 Jan Jan 45 4 59 22% • 34% 39 100 a5 __ ——" preferred Laura i Anglo-Nfld Feb 129 130% 22% 5 Ltd Jan Jan Anglo-Canadian Feb 94% 9% 37% 57% 31 —25 Lines (John) Woods ' 38% 488 a5 57% • Jan Feb 3,645 129 * International Service Jan 23% 29 Par Jan 34% 38% 9% 6 % 94% -41% 36% 36% - Jan 7,970 " 94% 40 — * - 36% . __ * common International Limited 94% 6 65 36'% -38% 94% : 41% common ! Feb 24 12 45 Friday Jan 6 ; 30 Pipe Feb 140 475 Sale Price Jan a24 25 100 ■Preferred Jan 30 Jan 1,470 Canadian Jan Co of 8.00 10 % Petroleum Lake Jan Jan Paper Labatt 8.00 *9% common.. 51 Jan 30 29 Canadian Stock Feb 3,712 International Public 40% 9% International Jamaica Jan 9% * Interprcvincial 38 9% preferred Jan 25 137 a24 26% • pfd^ Dominion Feb common_5 40 Canada 50 25 15% - _ Royal Feb — v' 101 • Feb 46% 35% — Bronze of 22% Jan Jan (John) Nickel Jan 44% 28 % preferred International 19% 375 9,907 L._£l preferred $2.00 1,678 - . 35 Va Industrial-Acceptance Corp common..' $5.00 , 31 . a24 '• 30 * Power Jan 34% — Jan 15% 15% Jan 35% * i 45% Jan • „ Feb 33 140 a24 Jan 21 36 21 Ltd 6preferred 140 -- Feb 40'A •44% Feb 145 a30% a30% — — Feb 44 3/4 , Feb __ 100 50 Imperial Tobacco of Canada 99 a23% Jan 15% * —' 13% Jan Jan * Jan common 1 Jan 98% 39 100 Feb — 20% _• Mining— 12% 50 Jan 23 al05 50 preferred 3,250 99 37% STOCKS $2.00 Feb 13% 2,343 Commerce Feb ' 23 Alabastine & Hamilton Bridge Howard Smith Paper Feb 2,570 T preferred Nova Jan * 1927 Feb 74 40% Canada Montreal Jan Jan Jan 101 100 4% 31 Feb 44% Ltd Canadienne 37.% common preferred Jan 74 Banks— Jan al05 5.. Wares Goodyear Tire 40 23 12% 4,837 24 • Motors Steel 1,235 17 102 102 Jan 3 Dynamics General 16%. - 23 2 99 - 5% Feb __ 2,743 50 rr, (Geo) Zellers Feb .7% 23 100 common preferred General 17 100 Feb 31 a75 13% -common Gooderham '4%% Feb 400 7. 23% a. 25 14% Jan 39% Winnipeg Central Gas Jan 8 ; Jan 22 Jan 17 22% 50 14 Power 7% Jan 18% 100 Foundation Co of Canada common—14% 5<r Jan Feb 700 21 General 6% 21% . Wabasso Jan a3.05 a3.05 _1 20% Gatineau 8% Feb 1,767 ' ' 147/a 650 Feb Jan a22% a22% a9% a9% __ __20 20% Ltd Jan 21 5,525 17 20% 40% Jan 7% Jan 44 % _ Tobacco'7% Walker 'Feb 885 13"% —50 of Canada Steel 20 Products—1—7% -Co's United Jan 8% 13% 40% Oils 15% Heating 4%'% Jan 100 Jan 18% Feb 775 44% pfd_ _ _ Stores Triad 11% - 93 common." . Power • _ , Co Tuckett Jan Enamel Fraser Jan Thrift Feb Jan 15 Feb 155 Feb Jan 25 trust 6 ft, pfd Canadian Jan 17 9% 1 Players 13 * 15% Corp Famous Feb 30 Electrolux & Jan Feb 17,780 21 4%% Supertest preferred al6 * Jan 92 35 Feb 35% 20 & Steel Co of Canada common Jan 8% 14 100 * common Williams Simpsons 425 20 8% • B Breweries 9%"10% 1 — —4 • 85% 13 80 Feb Jan 17 • > • 36 35 23% a75 -100 pfd preferred preferred Southern 30 3'8 Jan 8 175 39-% al6 71% 151 * rl00 38% - Jan 310 17 , Class 1% Voting s a— ___ 277/a 117 14% 14 a__ 1,323 »' 13 17 (•% • 82 13 — * 25 8,810 Corp Water 4% A Southam 8% —. Lawrence Sicks' Feb * * 29% 100 High Jan 31 % Feb Jan 141% St Sherwin •< Jan 10 8% - 26% 12 SO 8% -100 ,< Jan 10 % 30% , * * Shawlnigan Jan 8% a -29% 80 23 14 605 1 ^ Jan 10% 80% < 24 22 125 al4T/£T4% * 11% a37 30 - 14% Series Feb 240 — 23% common 9,612 a 14 • Transport Saguenay Power 4%% a— 7% 8 all% ■ . common—• Ltd 23 a__ 26% 10 Kootenay Power Paper Co class A Eddy Feb Jan 8 a • Ltd Brewery 1,150 22% 30 Feb 24% 25% — „* '. 20 8% — Coal preferred a58 8 — _-20 Dominion Textile Donohue a58 — 8% 22% 93 Paper common 4% preferred Royalite Oil Co Ltd Jan 39 Dominion Tar & Chemical Redeemable 2.30 101% Jan 20% 100 Stores -Ltd & Feb Jan 20% Jan —35 _ , Steel Dominion 100 6,313 17% . 93 Quebec Power Feb 5,065 common Dominion 15 —. 2,320 93 _ Rolland 20% com.j , Glass Jan "100 preferred _ 5 24% Feb 19 —25 pfd Preferred 2.10 36 35 Jan 20% —2 .»—* Dominion ,Foundries & Steel Dominion 350 Low 35% 34 Va Provincial a__ — Range Since Jan. 1 High 34% 4% Feb * — 5% 12% 2.30 2.20 400 — 15% 0 Dairies 15 23% 15 24% Feb — Jan ,"—* A * 6% Jan 24% a— Low Shares • Power Corp of Canada Price Bros & Co Ltd common- zzzzzzz* Jan 12 Corsets Dominon 7 f/r , —. class Distillers 15 9% 7,230 Co__ Ltd Co Jan Jan 15% —* —* — — Cork 18 Jan 14% —* — A Leather Davis Jan 15% —* — Class B 125 —al01% al01% -—" • »—• . Textile 31% —• Equipment Glass 50 650 al7 23% Feb ._10 — Consolidated Consumers pfd ____ Cockshutt .Farm Consol Ltd al3 ,24% 2.30 — -25 29% Sales for Week Range of Prices Par Jan 7% al7 14% 24% 18 al3 High Feb 385 Week's Last Sale Price 20 55 8% 24% . 15 — Railway Petrofina Canadian r- —i preferred Canadian 105 al7%al7% __ ———* Companies Warrants 30 al7 - Friday 3,415 24% com—-—*" — .rasxiaer* 13 Range Since Jan. 1 Low 21% 8% —25 pfd Morse Locomotive Canadian *29% — * 6'/, Fairbanks Canadian 29% FEBRUARY STOCKS Shares High 20 —25 : — Cottons Canadian 21% 25 series Chem Low • common— series SI.00 Con Celanese ENDED for Week of Prices Par Canadian WEEK Sales Range Sale Price FOR t.. , - 42 The Commercial and Financial Chronicle (750) CANADIAN RANGE Canadian Stock Frid^ Exchange (Cont.) Week's Par Newfoundland & Lt Ltd Co Pr Class t A, Low 23 4.15 204 20 15 17 % 567 44 17 % —_ 44 Russell Ltd (Can) Industries bouthern 70 Traders Finance Pr of Gas United Oil 22■ 23 Jan 111 4.15 Jan 113 Wendell Mineral Products Ltd Jan Westville 13% Feb 17% Feb Jan 44 • 37% 35 % 37% * 23 % 22% • 37 % 36 Vt * (Canada!—— * Co & class A Line "B" class '' . Mining 32% 23 V2 1,195 20 37% 1.580 33 % 13% 200 13 6% 100 Feb Feb 128 Jan 10 Jan 37% Feb Jan 24 Jan Jan 37% Feb Feb 6% 125 60 13% Feb Feb 6% Feb 10 Jan 10 Jan 20% Jan 21% Jan Ameranium 88c 18c 20c 14,800 310 3.10 3.25 3,090 ll%c ll%c 1,000 Ankeno Mines Ltd —_ ————* Arno Mines Ltd——— —»—* Arnora Sulphur Mining Corp 1 Ascot Metals Corp Ltd _—1 Alias Sulphur & Iron Co Ltd 1 — 88c Ltd—— 1 Feb 92c 10%c Jan 31c Jan 3.80 Jan 12c Jan 88c 3.10 Feb 9c Jan 2c 2,000 2c Feb 2c Feb 8%c 5.000 7%c Feb 11c Jan 40c 41c 1,600 40c Jail 51c Jan 28c 34c 38,000 19%c Jan 35c Feb 1.50 1.50 1.50 400 1.50 Feb 16'c 16c 500 • 43c — - ' 55c 20c 16c 1.54 Feb Feb 1,000 16c Jan 60c Feb Jan 25c. Jan Feb 2.80 Jan Feb 7c 2.30 2.25 2.40 12,350 6c 5c 6c 14,700 4c 4c 500 3 %c Jan 4c Jan al0% alO'% 25 11% Jan 12% Jan 2.25 ' Gold Bouzan Brunswick Mines Min & Ltd _1 Smelt 1 — ltd—1 Corp — Flin Carnegie Celta Research Cons Consolidated 5c — Explorations Mining D'Eldona Dpme Gold Mines Donalda 36c 20,600 31c Feb 45c Jan 5,000 9c Jan 11 %c Jan 1.98 2.02 10,500 50c 50c 500 1.34 1.34 200 10c 16c 33,750 50c 1 1.34 13c Malartic '"East Rim 'Eastern Metals Metal 1,000 8%c Feb 3,500 2%c Jan 3 %c 22c Feb 28c iFtenimore Iron TTobisher Limited (Jul 3c 3c 28c 28c 7c 7c 2,000 7c 32c 16,000 28c — 15% 15% ' 1 — dGfrandines JGUnner ■ ■ Head 1 Gold Ltd 55c 3,000 2.60 Mines the Lakes oHudson-Rand Iron Gold Cons Gold Ltd Mines 1 Ltd 5 Ltd 1.33 1.33 1.33 Feb — 5.35 5.50 650 5.05 Jan 28c32%c 72,900 19 %c Jan 5.30 2,500 3.80 Jan 2.000 1 30c 5.20 Cons Oil Calvan Canadian Admirals Atlantic Central 10% 700 4.50 4.70 1,200 4.45 __ 3.85 8.75 3.85 700 9.80 1,000 42c 44c 4.500 9.75 —* — 2 4.90 4.90 — 2,50 2.50 Oils — 40c 40c — Del Rio Ltd Producers • Gaspe Oil Ventures Ltd 2.25 55c 1.26 4.30 4.05 85c 90c — 9 3.60 1 Jasper Oil Corp— Kroy Oils Ltd— 90c * 1 * Merrill Co Mines Ltd 700 1.00 96,800 75c National Petroleums British Continental Okalta & Oils Pacific Oil Oil 1,000 10c 30c 30c 59c 34c 7,900 14% 14'/« 15 350 59c 1,500 4.90 100 48c 4.90 — 2.35 88c — 3.40 Asbestos ((Handover Oils & Trans Empire Trican 26c — Oils — Westburne Oil 1.42 13c Lorado Scotia Monpas of Mines Jan 14% Feb 15% Jari Feb 60c Jan 48c 4.70 Jan 5.00 Jan 700 6.45 200 7.80 26c 21,500 22 %c a 10% a 10% 50 Jan * 11% Feb 9.25 Jan Jan 16c Jan 26c Feb y.90 Jan 11 & Power Feb 7.00 7.25 13,400 5.90 Jan *7,65 Jan — 1.63 Jan New Pacific Coal & Nocana Mines Ontario : & Pacific Co Agnew-Surpass 1.75 8.15 Jan 32 %c Feb 1.62 1.50 1.65 2,300 1.25 Jan a55c a60c 400 1 „ 2.45 33 %c Jan Albermont 14'/8 Feb Alberta Consolidated 9%c 9%c 1,000 97/«c Feb 12c Jan Alberta Distillerers 2.85 Feb Alberta Feb Algom — __ 3c 3c 1,500 Jan 2.00 51c Jan 68c 3c Jan 3'/2c Jan 2.30 2.45 1,300 80c 88c 43.600 66c Jan 95c 75c 79c 19,215 74c Jan 84c Jan 60c 65c 3,600 55c Jan 70c Feb 55c 59c 11,500 5dc Feb 78c Jan 65c 66c 5,000 65c Feb 75c Jan 2.00 2.45 Jan — __ Exchange Week's Sales Range for Week of Prices Shares Low Range since Jan 1 High Low High 18% 16,362 26% 26% 26% 2,270 * 6% 6% 6% 250 17% 17% 17% 80 17 100% 100% 15 100 13c 14c 5,900 10c 15c 16c 3,500 15c Jan 17c " 8% 8% 50 8% Jan 8% Jan 10 9% 9% 34 9'% Jan 9% Jan 13c 16% Jan 18% 26 Jan C4 to !7N . CO 6% Miller 17% Jan 100% Feb Jan 16c Feb 78c 75c 78c 8,250 60c Jan 90c 87c 90c 5,000 82c Jan * 1.30 Stadacona Standard Steeloy Mines Gold 1.00 Cons Tache lake * 1.75 1.45 107,630 1.11 Jan 1.48 Jan 3.50 100 3.25 Jan 3.50 Feb 1.75 1.75 100 1.75 Jan 1.90 Jan 1.90 1.90 1,800 ' 33c 32c 33c 2,502 1 4.15 3.50 4.15 56.100 • 40% 40 40% 1,091 40 Jan 42% Jan ' 51 49% 51 8,687 46 Jan 51' Feb 23 24 585 23 Feb 24% Jan Algoma Steei 6c 6c 500 5c Jan 6%c Jan 1 5c 6c 15,000 5c Jan 7c Jan Amalgamated 13c 13c 13c 3,000 13c Jan 17c Jan American Leduc Vic 12c 12 %c 7,000 12c Feb 14c Jan American Nepheline Yellowknife „_1 12 17c 1 » 16c 17 %c 10c 4c * 4c 11c . 4c 35,000 Aluminium 2nd Ltd Co of —i Canada — 22c 1st 25 23 1 pfd 104% 28c 3.50 Jan Feb Tazin Mines Tiblemont Tobrit 16c Feb 24c Jan Amurex 10c Feb 14c Jan 625 104 Jan 105 Jan 16c 750 11 %c Jan 18 %c Feb 29c 25c 29c 24c Jan 36c 50c 90c 88c 95c 8,300 75c Jan 1 3%c Jan 4V2C Jan 1.05 Feb Petroleums 19 %c 18c 22c 66,950 18c Feb 12 12% 650 10% Jan 3.15 3.15 3.35 16,425 Ltd ; 500 61c 1.05 Oil Anchor Dev class A 5 • Petroleums - 1 - 5,000 61c Feb 1.10 Jan Anglo-Canadian Oil Pulp 5,000 63c Feb 65 %c Feb Anglo-Huronian 56% 105 54% Jan 56% Feb 23c 9,000 22c 6 %c 7%c 8,500 5.30 5.50 6,091 3.15 6 %c Canadian 4.85 Jan 6.00 50 315 48% Jan 50% Jan 13 1,500 12 Jan 13 Jan Anglo Rouyn Mines 25c 1 25c 25c I,000 22c Jan 32c Jan 66,900 9c Jan . _ 22c Feb 26c Jan Ankeno 11c 10c 12 %c 500 9%c Feb 11 %c Jan Apex Cons Res 5c 6c 16,500 4c Jan 10% Feb 11% Jan Aquarius -—1 24c 20c 26c 50.800 20c Feb 4c 1,500 4c Feb 4%c Jan Arcan —* 1.65 1.50 1.65 605 7c Area 8c 4,000 Feb 8c Jan 45c 14.000 37 %c Jan 45c Feb 1.44 1.55 16,900 1.37 Feb 26c 26c 1,000 17c Jan 30c Jan 10c 15c 2,000 10c Feb 16c Jan 16c 2.05 1 Mines —* Porcupine Corp Mines 1 Argus Corp common 49c 100 83 23c Jan A&hdown Hardware 73c 2,000 73c Feb 83c Jan Athona 15,350 21c Feb 34c Jan Atlas 1,000 26c Jan 55c Feb Atlas class 1 B Steels 55c Mines 3.00 3.00 5,700 2.70 Jan 3.00 Jan 12% 82% Feb 8c 65c Jen 60 Feb 40c Jan 13% 85 2,800 65 %c Feb 82c Feb Aumacho 12 %c lie 13c 11,700 11c Feb 18c 14% 14% 100 14% eFb 15 Jan 66c Feb 84c Jan 66c 500 1.47 1,040 9c 9c 10c 6,650 4.00 4.00 4.05 4,700 1.05 1.05 1.000 93c 30c 30c 3,000 26c Jan 30c Aunor 10c 27,700 9c Jan 10c 10c Jan 12c 10 %c (1944) Jan 24c Jan 53c Jan 16'% 16% 250 15% Jan 16% Feb 10c 10 %c 10,700 8%c 9c River 28c Mines Gold Electric 13c 2,930 15% Jan 16% Feb 1,020 14c Feb 16c Jan 11c Jan 8c 9c 9c 24,500 7c Jan 6%C 10 Vac 88,300 6%c Jan II,019 24 %c Jan 39c 15c 43,300 11 %c Feb 15c Feb 2.25 1,100 2.10 Jan 2.45 Jan 8% common Avillabona Mines Ltd 13c 8'% 8% 125 8'% Feb 12'%c 15% c 29,750 28c 32c 11c •IO'/bC Jan 9 22c Jan Feb 4.20 Jan Jan 1.05 10c Trebor Mines 7.95 Ltd 14%c; 9%c ' I 1.85 1,400 a5c ; 7.95 1.70 Mines 6.70 a5c 400 13c 15 %c 13,525 Feb — Ltd Feb 7.95 1.70 Feb 1.90 Gairdner S 40 Wall Jan 8c Jan 10c" 13c Feb 16c Jan 8%c Feb 14c Jan 1.38 1.38 200 1.500 1.40 11c Jan 1.50 14c Gairdner & Jan CANADIAN « United Mines Ltd Asbestos j, 23c 26 %c Corp Ltd -Vinray Malartic i Vlolamac For Ltd see page 45. _ 12,100 4.05 6.400 61c 82c 23,000 23c '\5%c 3%c 5%c 116,700 1.86 1.90 3,100 3.40 61c Jan SECURITIES 30c * Jan 1%C Jar! 1.81 y 4.05 Jan 4 Feb 1.00 Feb Feb Jan 5 %<f Feb '-2:15~Jan y ; -,-ntiw • Gairdner, Son & Company Members: The Toronto Stock Exchange Montreal Stock Exchange ,' ' 3.60 %_ Mines Minos footnotes 4.05 70c United Montauban Mines Company Limited Investment Bankers Association of America - * Uddlen WHitehall 4-5335 Members: The Investment Dealers' Association of Canada Feb Jan — Canadian Affiliates Jan 14,700 10c Gompanij Inc. Street, New York 5, N. Y. Jan 23,500 8%c 11c 11 %C Mines 6.70 Jan Jan 16% 15% 2.15 Mines Jan 30c Ltd__ 4.00 Jan 14c 40c Jan 13c Jan 6,700 14c 14 %c Feb 500 13,000 31.900 16% Jan 9%c 10 %c 10 %c 9c 21c 11 %c Auto 66c 1.45 1 Jan 45c Jan Ltd Jan Jan 18c 10c (1937) Atlin-Ruffner 82c Jan 400 40c Yellowknife 8c 32,800 83 16% Corn 24c 1.58 50c 13'% Jan Feb 20c Metals Jan Jan 1.50 Feb Jan 43c Armistice 21c 1.42 6c Jan 82% 8c Arjon Gold 65 %c Ltd 13c 28c Jan Jan 80c Ltd 42c 1.00 13'% * Preferred 73c — Jan 1 Jan 13 1,300 2,000 9c 49% 5.45 * 9%c 21c Ltd. f 13 * Paper pfd—50 & 11% 18c Feb 3.80 Feb 9%c 1.45 Jan 13% Feb 10%' ,4C Jan Jan 1.03 23c Feb 62c 56% 22,150 11% Ltd— Ltd— Feb 4.15 16C ^—ll——1 Larder Anacon Lead 7,500 1.05 18c Goldfields Silver Feb 33c 4 104 104% preferred 6,000 1.05 __ Ltd Jan 1.90 Jan 1 Jan Corp Mines Jan 1.29 Jan Steep Rock Iron Mines Ltd Sullivan Jan 85c Mines Ltd 20c Ascot Mines Mining Jan Cons 10c — Mines Ltd Jan 3.50 * 1.90 Pacific Uranium Feb Oils Mines Jan Feb Jan e===B Silver Feb 7 Jan 1 com Jan Royran Gold Fields Ltd d Bherrltt-Gordon Jan Jan 18% 1 Gas 4c 7c Mines Feb 18% Petroleums 17c Mines Mines Feb Jan 54c • Knife Jan 42c Uranium Jan 1.65 Jan • Yellow Aubelle Uranium Jan 9.10 78c 1 Ajax Petroleums Jan Ltd Mines 1.95 37c Jan 187 Corp Ltd ..Quebec Smelting & Refining Ltd— Quemont Mining Corp Ltd Rix-Athabasca 50c Jan 83c . 10c - 9,000 Coppe* Radiore 100 Jan 2.32 75c Feb 100 common Preferred 12 Ltd East Dome Jan Jan Jan 9%c Mines Quebec 1.55 1.82 57c 2,000 1 26 %c Gold Preston 100 37c * 55c Uranium 900 9.00 Oil 2,480 Ltd Pyrites Orehan j 300 2.25 a68c 1.85 „ 100 Gas 2,000 Ltd (1945) 1.60 * Preferred 32c -- j Obalski 1.60 2.25 a68c __ __ 37c Acadia-Uranium 9c — Island Jan — 9.00 Class A 14 % Formaque Mines Ltd Mines 10% 1.85 common common 30c — "U" Jan * Acadia-Atlan 13 % _— Fortune 8 20 20c Ltd Larder 1,130 Jan * preferred 4c :_1 Canada New Feb 9 1.80 Last Paper Anglo New 90c 3.90 Par Abltlhl 63c 65%c Ltd Jan Jan 30c Ltd Mines Corp 75c Jan Sale Price 18C Mines Ltd Merrill Island Mining Cor Ltd Mining Jan 1,600 Jan STOCKS 4c Mclntyre-Porcupine (Minda Feb 4.65 Jan Canadian Funds — 1.00 Mines Feb 1.20 Jan 1.50 Toronto Stock 1 Uranium Macdonald 2.25 Jan 3.85 40c 37c Limited 1 Ltd Jan 3.30 —1 Jan Jan 35c 8.75 15,400 Ltd— 45c 1,800 1 Co Jan 2.50 Feb Jan 9.00 Ltd— Ltd Oils 14% * Mines 1.50 5.40 Jan Jan 1 Petrol-Chemical Tri-Tor 1 Mines 1.70 17,150 Feb 4.25 cf'vi d-Bufayette 4.50 40c Jan 48c Jan 1 — Phillips Oil Co Quebec Oils Development Feb 1.15 Jan Jan Feb 11% 72,800 Jl4ngside Copper Mining Co Ltd r iLittle Long Lac Gold Mines Ltd_ 40c Jan Jan 25c 10 - 68c Ltd— Feb • LtdLtd Jan Jan 3.60 8.75 11% l Mines 9.80 1.70 90c Oils American dTSlondike-Keno Jan 3.75 • : 7c Feb 2.55 Ltd Feb 8.70 1.65 ♦ Co Ltd Petroleums Western Aluminum Mines 3.85 " Corp Ltd Dominion New New Ltd 41 %c Feb 12c 58c : Feb 3.55 Friday 2,300 2.20 i— 3.75 — Jan 22,600 65c voting trust Jan 5.15 1 Ltd Petroleums Jan 107/a 600 Ltd Oil Home 40c Jan 81,400 — — Feb Jan 3,800 93c 1 Ltd Federated Petroleums 1.85 1 Empire Oil & Minerals Inc 5.35 Jan 1,000 Ltd Jan Feb 9 1,000 1 Co Ltd Feb 1.33 5.60 33c 30c 100 -—* Oil Cordasun 33c 10 % -- .-1 Ltd Oils Oils Leduc Consolidated Ltd-. Oils Southern 30c 10% * Canada Oils Lands Ltd 'Canada 33c * Gas Ltd & 4.95 1,000 1 25c Ltd Petroleum Calgary & Edmonton Corp Ltd Jan 1.15 2.42 Lake Mines Ltd: ..Keyboycon 1 1-33 * Ltd « New * Ltd——.: Co Ltd Oil Oils 15% 4.15 l Kay rand Mining Dev Co Ltd Kepmayo Yukon Mines Ltd— ; Jan Voting trust 'Jdculet " 4c Homestead 58c 3.40 ——_1 Mines iJardun Mines Ltd ■ Jan Petroleums Jan 11c __ 1 Mining & Dev Co Uranium uJack 3c Western < •' ((Inspiration rrlSo 2,000 Wllrich Feb 75c 95c l Mines 3c Oils & Gas class A—1 Bailey Selbum Akaitcho of 3c Feb 14 1.01 — — * Ltd Jan — Jan 54c 4.00 3.05 • Ltd Mines Gold Mines 65c Feb • a.HolIinger :i»'. 50 54c 55c _* Ltd Yellowknife Feb 6c Feb —1 ^ 49c 3.40 Jan 28c ___* , 2,700 Petroleums Antone Acme .oGiant rod. Ltd 50c 11c . dGfeco Mines d -H Mines 49c Feb 1 Ltd Jan — Petroleums Anglo-Canadian $1.50 Mines 14c Jan 1,000 —1 - Nickel Jan 4,500 1 Mines Faleon'oridge Feb 2.30 Jan 8,000 __1 Ltd—IL— ;!E| Sol Goid Mines Ltd Fab 4%c 20c 6c 1 — Jan Feb Jan Feb Feb 3.40 1 - Ltd Ltd— Corp 1.37 1.27 10c 1 . Ltd ^East Sullivan Mines Jari 8 %c 6c 1 — Mines Feb 3.10 * Mines 2.10 65c 8%c 3c Ltd Ltd- Nickel Feb Jan 3.40 e 'Mst 1.95 48c 8'Ac 28c Ltd Mines Feb 9%c ^.1 Ltd 9.50 1 Ltd Mines Feb 9c —1 Mines Co 20 %c Jan 1 Ltd Coulee Lead & Zinc iCournor Jan 7.75 31c 1 Consolidated Howey Gold Mines Consolidated Rochette Mines Ltd Cortez 9,575 18c 9c 1 Ltd- Mines 45,500 9.50 9.00 31c 1 Candego Mines Ltd C?ns Central Cadillac 19c 20 %c 9.35 —50c ; Explorers Ltd Mining Corp Ltd Chibougamau Cobalt Ltd—* :*———* Mining Co Ltd • & Chemical (Dunsmuir) " Ltd Mines Dev Ltd— Mines Flon Collieries Canadian Mines Albermont Pan Callinan 38c, 7c Jati * 1 vtc Mines Ltd Gold Bouscadillac Feb 3,000 Feb 33C 19c 40,700 20c 49c 12,000 10c Feb 40c 1 Boreal Rare Metals Ltd Feb 30c _1 Belville Gold Mines Ltd— 3.25 2c ^ase Metals Mining Corp'n Ltd-.;—_* Bonville Gold Mines Ltd Jan 7%c 7%c — Mines 3*15 500 18c * Ltd Mines 950 1 Ltd——1 Mines Ltd Mines Lead Anacon 3.25 High 34c 7c —, 1 Mines Ltd__l Ltd— 1 Canadian ■ 3.15 Low 30c 30c Stocks— Calalta a21 % a21% 1 Corp— Yellowknife Akaitcho Barvue 11% 19% Jan Jan Slocks-— jMining Aconic Feb 17% 4.733 10 * — —. 11% 124 6% a21 % Range Since Jan. 1 High Feb 13% * Ltd-—^—_ W^steel Products Ltd S"; 132 Copper & Shares 7c Western Tungsten Cooper Pyrite for Week Low 1 Wecden Feb Sales Range Par Feb 36 600 Week's of Prices Last . High Jan 3.60 300 127 Ltd Alloys Steel (Jack) Watson 11% 19% 127 pfd—100 cum Pipe Canada Corporations Vanadium 11% 17% 127 ——, 6% Corp, Mountain Trans Union 11% 19 % common Ltd Canada 1 Sale Price Oil Reitmans 12 Friday 355 112 % 112% — FEBRUARY Range Since Jan. 1 High 4.10 4.10 — » Monday, February 15, 1954 . MARKETS ENDED STOCKS Shares 22 y2 Orange Crush Ltd— " Po\frcr Corp of Canada G% 1st pfd.100 Quebec Telephone Corp common 5 WEEK for Week of Prices Low 10 FOR Sales Range I.ast Sale Price STOCKS . . i<V' ' i . Canadian Stock Exchange "* Wire system to all offices Feb Jan Jan Jan Number 5299 Volume 179 .. Commercial and Financial Chronicle The . (751) 43 CANADIAN MARKETS RANGE Friday STOCKS Week's Last Range Par Bagamac Mines 1 Bailey Selburn Oil & Gas class A. Banff Consolidated Bank — of — Jan 2.27 Jan 8'Ac Jan 39 Jan Charier 359 40 Jan 1.23 43% Feb Chemical Research 30 42 'A Jan 44% Jan Chesklrk 1.18 Feb 1.39 Jan Chesterville 1.38 1.35 1.50 36,325 6,755 55c 58c 760 1.35 5uc Jan 1.58 Jan Jan 70c Range Since Jan. 1" High Low 17c 22c 24,000 1.18 24,700 15c 8c 50 1.95 8c 500 5,000 13c 1.52 8,550 105,435 2 2 c*u Feb Jan 8c 20c 1.35 1.45 Higfir j Feb 1.05 20c Oils 1.45TJan Feb 8c 1.30 Jan 23ct( Jan Jan Jan 1.65 'Jan Explorers Ltd 2.03 1.52 Jan 6c 6'Ac 3,000 6c Jan 7'AoijJan 29 %c 31c 48.800 28c Jan 36'At:;/an — Mines 1.93 6c 31c Mines Chibougamau Shares 1.05 , 1.10 Centremaque Gold ChalhlM'laiin Oil Jan 1.50 1 19c Uranium Jan 1.80 for Week of Prices Low Porcupine Lake 35% 42% Ltd Centre 6%c 58c Mines Feb 5.40 910 42% Warrants Jan Central Sales Range Par Feb c 3,800 43 1.30 3.70 19:3/4 I,400 42% I Last High 'Jan 7c 42% ...10 14c 2.05 37% Mines Barvue 29,005 Week's Friday Sale Price 38'A 38 10 Toronto. Barnat 1.90 6%c __ IJJ STOCKS Low 93,100 5.40 10 Bank of Nova Scotia Bank 4.75 2.05 1 Montreal of FEBRUARY Range Since Jan. 1 High 14'Ac 17 %c 5.25 50c Oils Bankfield Shares Low 15c ; ENDED for Week of Prices Sale Price WEEK FOR Sales 50c 50c 2,000 47c Jan 1.25 1.36 80,200 • 2.11 .Feb 62c Jan Jan "o;nU Barymin Base Metals Baska Bat hurst 2,800 17c 5,500 lt>c Jan 17c Jan 39c 44c 37,900 35'Ac Feb 64c Jan 22c 25c 15,700 20c Jan 25c Jan 47c Jan 26c Jan 35c 35c 700 1 21c 24c 7,820 Bros Lodge 6% * * 6% 49c 25 Telephone Bellekeno Jan 15c 1 Beaver 1.55 24c Mining Bell Feb 40V2c Ltd ueattle-Duquesne Beatty 1.42 * • Mines Petroleums 1.51 • Mining Uranium Bata 1.44 • Ltd Co Chimo 40% 1 Mines Belleterre Quebec 7 820 49c 51 %c 39% 16c 1 4.10 1 55c 16c 6,600 18c 6% Feb Jan Feb 7% Feb Feb 70c Jan 39% Jan 40% Feb 37,400 ' 49c 13.359 40% 13'Ac 35c 13 %c Feb 16c 4.50 Jan 1.28 Chromium Chrysler 2.15 2.15 56% 20 7c 7%c 1,700 1.34 1.21 1.35 43,923 77c 75c 79c 4,550 Jan 83c:' Jan 8 8% 1,005 7% Jan ll%f'Jan — — , Cobalt Consolidated — Mining Corp Willians Cocksliutt Farm Equipment - 8% Lake Coin Beta River 4.10 Gamma Bevcourt Blbis Mines • . Gold Yukon 100 55c 500 Blue Ribbon Bobjo • 27c 34c 16,700 21c 20c 24c 128,900 1 — preferred 50 25c 2,500 9c 59.360 6c 42 1 Gold lQc 10 %C 8%^ 1 Mines Bonville 30c 1 Mines Bldgood Kirkland ■ 4.00 Colomac 42 42 40 24 %c 26c 31,800 Feb 72c Jan Conduits 27c Jan 43c Jan Coniagas 20c Jan 9'Ac 34c Jan 6c Jan Jan 12'Ac Jan 9c Feb 42 Feb 42 Feb 22c Feb 26c Jan 20'Ac 20c 22c 82,100 Bordulac 1 8'Ac 8%c 9c 3,000 Boymar 1 14c 12c 14c 56,533 • 3.60 3.50 3.70 2,700 1.60 1.75 2,734 1.12 Jan li 13% 14 80 13% Jan Bralsaman Pete Brantford Brewis 1 Cordage Brazilian class Traction A * ordinary Britalta British 1 Coniaurum 2,000 7%c 21c Feb preferred preferred 25c Class 10c Jan 10c Jan 14c Jan Consolidated Jan 3.70 Feb Consolidated 1.75 Jan Consolidated Golden Jan Consolidated Reef Brunhurst Jan Jan 15c Jan 26,200 1.80 Jan 2.20 Jan Cons Jan 5.20 Jan 22% Feb Jan 80 Jan Consolidated 92 93% 180 93% Feb 93% 50 49% 6% 50 396 3.75 90 48 Jan Jan 50 Feb 6% 6 % 3,785 13% 14% 140 9% 9% 9% 450 19% 19 19% 3,317 34c 39 %C 65,850 5% Jan 67A Jan 13 Jan 14% Feb 9 Jan 9% Buffalo Jan 19% Jan 30c Jan 49c 2.14 2.20 12c 10c 12c 10c Jan 1 10c •"9'Ac 10c II,525 9c Feb 13c Jan 15c 15c 17c 14,100 14c Jan 22c Jan 8,300 30,250 2.14 Feb 1 10'A 10% 10% 1,160 10% 7c 6%c 7c 3,500 6'Ac 25c 24 %c 29c 141,259 4%c 5%C 6.000 Ankerite 1 Buffalo Canadian • Red 1 Burlington Burns 38% 1 10% 1 101'/2 preferred Flin Flon 19c 1 Oils 13 Jan 2,300 Jan 9c Bread Canada Iron Canada Life Consolidated 60c Jan 72c Jan Canada Northern Canada Oil 29c Feb Corby Feb 6c Jan (H) 39 35% Jan 13c 9,000 12c Jan 2,000 12c J an 13c Jan Cosmos 835 39 Class 50 19% Jan 20% Jan Coulee 44% 378 37% Jan 44'A Feb 8 Feb Croinor I 400 7 Jan "i 8 20c 40,000 11 6,370 9 Jan 11'A Jan 15 100% Jan 101% 247,700 15'Ac Jan 21'Ac 23c Feb 28c 16c 21 %c 17c Feb Jan 24c Crown Feb D'Aragon Jan Davis 5.30 Jan 2.85 2.80 2.85 3,612 2.80 Feb 2.97 Jan Davison 8.25 8.15 8.35 3,095 6.70 Jan 8.50 Jan D'Eldona lie Feb 6c 83Ac 3,967 50,249 6c Feb 10'AC11 Jan 32,208 15c Jan 20c 11 Jan 15c 17 %c 350 24'A Jan 1.70''Feb 9c "Feb "ntfan 15c 65c 65C 72c 26,200 65c Feb 8%c 8c 6% 790" Feb 2.50 ,!"Jan 8 Jan 5TU 105;; 83Ac 53,500 8c Feb c 11'Ac Jan 9c' 9'Ac 4,000 9c Feb 10%vJ^n 1.25 400 96c Jan 1.25 1.05 18 17% • 3.95 3.75 18 5,960 16% 3,570 3.50 Jan 16c 6,515 11 11% I,305 10'A 10% 105 11% * , 18 ,;j$n 4.10 rj^n sJ3an 15c, Feb 18c 10'A Jan 12'A 10 . Jan H%dj?fn * 9 9 75 9 Feb * common 97A 10 221 9 Jan 9'A, i Jan 10 20'Ac Jan lojan 25c 30c 10,900 _1 7'Ac 8c 1,000 6c Jan 8c 1 21c 26c II,600 21c Feb 44c —100 62 70'A 213 60 Jan 70'A;FCb 37% 37% 888 34 Jan 38 8%c 9c 3,000 Jan 97Ac Feb 27c 30c Gold Corp ' 7%c 2.95 Jan Jan Del 88'A Jan 98 Jan Detta 29% Producers 390 28'A Jan 29'A Feb 13 13 100 13 Feb 15 21% 375 19% 217A Jan Distillers 81 79% Feb 9 1,150 10 %c Jan 14c icJhn 515 13% Jan 15 4.70 100 4.70 Feb 95c 95c 2,500 95c Feb 27c 32'Ac 81,698 27c Jan 12c 14% 1 29c Ltd 1.15 1 1.81 1 15 %c 1.80 15'Ac 1.15 1.10 600 2.20 45,300 t>17c 9,100 41c Jan Jan '1.23 < Jbn 1.40 Jan 2.20 Ffeb Jan 19c vi Jbn 81 215 9 540 8% Jan Jan Dome Exploration Dome Mines 1 55 46 51'A Jan 55 Feb Dominion Bank 10% Feb 11 ' Jan Dominion Coal Dairies 9'A 1.82 1.70 1.85 9,800 1.65 Feb 2 29 7A 29% 30'A 10,170 27% Jan 1.85 10% 10% 150 3.75 4.00 3,865 3.65 Feb 4.00 Jan 2.15 2.26 910 1.95 Feb 2.26 Feb 37 50 37 Feb 32% 305 32 Jan 32% 60% 61% 120 58 Jan 61% Feb 9.70 8.75 9.80 24,506 8.55 Jan 9.80 Feb Dominion 2.85 1,500 2.50 Jan 2.85 Feb Dominion 4.40 4.45 15'A 10 4.45 900 15 15% 1,595 14'A Jan 15%" Ffeb 33% 2.50 * (Western)— 30'A" Ffeb 33% 365 31% Jan 33% 4.15 4.60 Jan 96 96 40 49% 50 • 50 305 Dominion 93 Jan 96 Feb 49'A Jan 50% 45c 41c 221 35 14% 3,691 8 4% 45c 24,980 4.90 4.75 5.00 3,250 33% 34'% 1,440 32% 38c 4.40 50c Jan Donalda Jan 5.40 Jan Donnell Steel 34% Feb • 23 22% 23 5,535 21% Jan 23 Jan • 29 29 29% 597 28% Jan 30 Jan Car • 17 17 17% 310 17 Feb 18% 100 99% 100 135 99% 13% 13% 860 11'A 19% 20 410 19% Jan 20'A Feb n .Ffeb 'jf.'Ffeb 15%hJhn Jan 13% i Jan iqjfcn 100 14'A 10 97A 10% 6,233 9% Feb ll'/i'dRin 20 19% 20'A 4,757 18'A Jan 20 'Am Ffeb 2,455 7% Jan Tar & Chemical common—* 23.50 i 8% 21% 110 21 6 6% 6% 1,950 6 Feb 7 1 55c 48c Feb 61c 48c 58c 124,800 * 2.70 2.70 50 1 class A 9 8% 21% 8% . • Mines 20 31c 42c , $1.75 Celanese common • 21% 20% 20 Feb 24'A Jan 200 29 Feb 32 8 8% 3 9.05 9.00 9.55 1,015 20,400 71c 79 %c 9,433 16c Canadian- Decalla 3,305 30 8 18c 8,050 87c 92c 10,050 70c 55 205 25 Chemical Canadian Colleries & Cellulose (Dunsmuir) • common Warrants Canadian Canadian Canadian Canadian Devonian • • Fairbanks Food Products common 4 2.25 25c 'AicJan Jan Jan 3.00 (Jkn Feb 42c' Feb 23c VuFfeb Castle Eastern j—L_j 7.50 Jan 9.55 Feb 62c Jan 79'Ac Feb 16c Feb 26c Oil Central Patricia Jan 97c , Jan For footnotes see page 45. 24% 50 3.50 50 52 Jan 57% Jan 23'A Jan 24% 3.50 3.75 Jan Feb 80c Feb El El Sol ! A l.lTiiFeb Jan 93c 1.17 4.25 11,212 75c 1.00 418,500 6 6% 800 5'A Jan 6'A Feb 6 6 100 5% Feb 6'A 6'A ~ 62 Jan Emerald Jan 67c Jan Estella 15 14% 15% 4,000 12% Jan 15% Feb Eureka 101% 101% 30 Jan 101% Feb Jan 2.70 27 10 82,900 3.55 75c Jan 4.25'Ofcn Feb 1.43 'dhn 27 50 26 Feb mjan <i'(Tan 23 51c 1 7c , 23 «A Jan 24 54c 8,250 42c Jan 54c 7c 10c 19,333 6%c Feb 10c 7c Jan 545 22% H) 27 Jan 51c 20 Oils Gold Feb Feb Feb • 14 'Ac ■: Jan 1 lie lie 13c 48,600 * 33c 26c 35c 30,100 25c Feb 43c "Jan ,_1 19c 18c 21c 57,000 18c Feb 25c Jan 1 88c 86c 1.02 40,495 54c Jan 1.07 'Feb 30c 4,200 18c Jan 30c " Feb Feb 2.15 2.70 2,640 100 1.65 Glacier Mines Ltd Corn Warrants 53c Feb 1.02 Jan Famous 2,640 21 Jan 24% Jan 14% 15% 3,630 12 Jan 15% Feb 1.56 1.45 1.60 13,200 Jan Federal 1.65 25c 15% 14% • - Fanny Farmer Fargo Oils Ltd Jan 25c • 21 - 14,800 1.42 Players Grain 15% 4,032 14% Feb 15% 20% 21 1,455 19 Jan 21 21% 21% 140 20 - Jan 23 Jan 1.87 1.80 1.92 10,400 2.09 Jan 19 19 19 645 19 Feb _1 250 class A • 1.80 6.35 20% 6.25 Feb 55% 175 45% Jan 56 Jan Federal 100 10 99 Jan 100 Feb Federated 19 2.21 20% 2.25 , 4,805 1,200 17 2.20 4.60 2.39 Jan 2.60 Feb Fraser 3.70 Jan 4.85 Feb Frobisher 2.60 100 4.85 6,200 2.50 43.550 75C 80C 4,300 Motor 1.70 Jan class B Foundation Cos Co common Ltd Feb Warrants 85c Jan 4% common Jan 8%c Jan 13'Ac Jan 3.85 Jan 4.65 Jan debentures 23c 48c 61c 122,300 18c 20c 12,600 18c Feb 1.15 Jan 1.45 1.40 1.50 2,900 78% 78% 81'A 8,030 82 81% 82 39 14% 14% 200 12'A Jan 15'A Jan 167A 16% 17 630 • 4.85 4.80 4.95 11,800 31c — ~ 55c 91 91 3,792 5 * Jan 62c 60c • . Jan 47c _ Feb 26 14,377 * • t 100 36,800 • 1 27 27 4.30 • A — 2.50 Jan " 7lc Class 4.40 Jan 20 4.65 27 12c 20c 1 Manufacturing Ford 7.00 Jan 3.80 • Mines Fleet Jan 1 warrants— Jan Jan 6.30 Iron Feb 1.00 34% - Petroleum B 23 4,115 1.99 Class 42 6.50 80C Fen!more Jan 6.30 2.05 Jan Jan 500 i 2.55 Jan 1,398 90c 2.00 6.30 20% Jan Feb 20 Kirkland 20 285 23 90c 40 - Jan Preferred 85c 42 23 23 6.50 Feb 150 53 100 Feb Jan eiFeb 11c 12 %c ' 6.35 54 , 3.80 1 Pen-Rey '/l Feb 3.45'Feb Jan 96c * Investment Eddy Paper class 35c • " 3.45 .i Economic 57 1 7 1.90 90c tfdFfeb ll7Ac 1.14 * 74C ~i —III 621,785 2.30 3.00 ■ 25 • Trethewey Explorers Jan 4.10 Steel 24% • 9%c 1 Easy Washing Machine 7,550 "• Corp Ltd 5,200 Feb Eastern 24 25 Jan Jan * 53c * 20c 70c 1 Mines Mines 24 • 13,350 179,262 _1 Nickel Metals 62 ioo Canadian Wirebound class A Canvar Industries preferred Cariboo Gold Central Leduc Jan 45c 33y3c Canadian Williston Minerals Asbestos Sullivan 9'A 15'A common Utilities pfd Canadian Vickers — Rim East Jan 25 Canadian 23c 90c 10c ll%c 1 Falconbrldge Nickel Prospect Canadian Tire Corp East Jan 7% Mines 72c 1 20c 85c ■jo Malartic 1 Railway 46,300 20c 1 Amphi 41'Ac 2.70 Reserves Canadian Petrofina Ltd pfd Canadian Pipe Line Products Central 3.50 41c Feb 21 %n3hn Jan 90c 1 East 42c ioo Pacific Minerals 1 62 l • Warrants Cassiar 3.50 • common Canadian Oil & Gas Canadian 24 ioo Cos preferred Canadian 54 • —. Oil 54 Gas & & Elder Mines common Malartic Canadian 5% Petroleum Dredge Preferred Canadian 21% 29 • preferred Canadian Oils Dyno Mines East Canadian Oils Dragon Duvex Feb • • common Mudge 8 5 17 ; Jan 19 % Jan * Coal & Stores & 14 14 100 Preferred Jan Jan Jan Feb 14% • 1 34% Feb 14 ' - Foundry & Steel com Preferred Dominion 5 17 8 25 5 17 25 common Dominion Magnesium Jan 8 " 35 preferred Preferred 37%' Jan Canners Class A Jan Feb i'Ffeb Jan 61% 2 common Jan (taX 9 81 Jan 1.10:-Jan 15c 25c Seagrams 55 Jan jidan 5.00 . Jan 21% 13c 14% Ltd Minerals 28% 78% ;Ffib 4.70 * Devon-Leduc Oils Rio 21'A * Feb 14% 1 A 1 100 1,085 3.00 377A 3 1 Mines 2.95 10 Breweries Jan i .jdan 50c 87% Jan Jan • 96 Canadian Canadian ^b 1.25 Jan 4.00 15'Ac 1 Box class 2.95 Canadian , 13c Jan 2.60'Feb —_ 96 * Oils Feb 1 43c * Oils 1 Oil Feb 7c 22 Feb * Coal 2.95 50 Atlantic 1.56 25,250 Feb Mines B 32 Admiral 73,890 9c 1 Leather Class 20 Bank of Commerce 681 1.70 soli Feb 37 Canadian 22% 1.56 10 Dominion Textile common Canadian 22% 31c Mills Zellerbach 4.40 A Canadian Feb 3,000 Crowshore Patricia 9,800 * i Feb 28c • 33c 1 voting Paper Nest _10 common 21'Ac Feb 6% Pershing 2.50 Lines 103,950 1 Mining 7,680 — SS •26c Jan 3.50'Feb 2.60 Lead 3.75 Preferred 21'Ac Jan Feb Warrants Canada i 2.30 1 — Cournor 29 'A 1 class 59c 178,694 409,268 >isX 2.26 Packers Jan 59c 3.50 31c _ Ltd Mines Imperial 24c Lands B 40c 40c 3.00 Feb 2.50 , Dist Corrugated 20% 17c " Canada Permanent Mortgage Canada Southern Oils rt Feb 13%c Jan 10% 23c Warrants Canada 33c 1 Class B 10 Power 40c iiiJan Jan 2.09nJan 31c Pete West Copper-Man Jan 4%c 4.75 ; Foundry Assurance Feb 25c Jan 6% Conwest Exploration • Machinery Malting 33c 1,000 1.91 i.fj.an 2.50 Rochette Dominion Canada Canada 3,543 32c -A Sannorm 0 A 36c 26c 15'Ac Quebec Gold Consolidated * class 50c -nPeb 30c 8c — 20 Foils Canada Jan Jan ; Consolidated 23c common Preferred Canada 45c 10c 14,205 44c llrAc Consolidated Ranwick 4.40 common Cement 9,755 Feb 35c 7c Delnite Mines Canada u* 151,950 class A B 1 i • 50c 3,300 1.60 Press Class 4.60 1 Campbell Chibougamau Campbell Red Lake l 22% Mosher Consolidated 1 Gas & ihfn 8!A, Jan 6c.;, Jan II 30c —— 15c 101% 101% 20c • Oil Jan 26c Mining & Smelting— Consolidated 7% • Calgary & Edmonton Cons Feb 5c 310 1,700 33c Oils Crow's Caliinan 6% 7 6c 2.05 Lead Peak 42 44% 1 Calvan Jgn 12c 3.45 Consolidated 20% * Calder Bousquet Calnorth jfan 29c 47c Orlac 12c * B Burrard class A Calgary Power 49c Jan Jan 25c Nicholson 12c 12 %c 1 Steel class Jan 7c 2.00 49'Ac Consolidated 38% _* Co & 66c 66 'Ac • Bunker Hill 42c 22c 6,325 Jan 18'Ac Jan Feb Buffalo Building Products Bulldog Yellow Knife 2,589 30,083 9c Jan 2.25 Feb 1 Lake 45c Jim Jan 1.9#ttan 29C — Rights Feb 17% 2.14 Smelting Jan 2.00 Arrow—; Consolidated 1 & 1.75 'J1 Jan 8 40c Lake Mines Halliwell Consolidated 78 1 Gold 1,070 5c 4.00 \ 35c Crest Consumers Gas Buffadison 1.75 Jan Jan 20 31 1 Ltd Jan 4c ' „ Howey Matarrow 4,350 Ltd Mining Consolidated 16,830 Mining Brunswick Jan 37c — Feb 7% 5c >- „ Discovery East Gillies Consolidated 7% 1 Oil Mines Brunston 6% 7%c • Mines Mines Brunsman 14 8,600 * Empire Broulan 3.75 25 22c 26%C 24%c Guayana 2.95 80 A Power Oil Consolidated Cordasun 4.90 B Columbia 200 8 Jan Jan 22% * British 18.000 3.90 7 Jan 80 • Brtiish 4'Ac ■ 7'Ac 19c 4.55 British class 42cf fJAn 44c Allenbee 7'Ac 21% -50 Packers Jan 10c 1 1.75 1.75 Bakeries 22 British Columbia Forest Products Columbia Jan 3.80 Consolidated.Cent Cadillac 4.75 pfd__100 100 4%c/o 1.43 Jan 8,800 1 Consolidated • 4 % Jan 8c Astoria 1 Oil Electric 1.20 70c 30c Mines Consolidated 5,530 2.20 8%c;,Jan 8 Consolidated 7% 2.00 2.75'Jan 58 '• 'Jan Jan 8c 4c Mines 10c 10 %c 2.20 Petroleums American 7% 10'Ac 1 British Columbia 5% 7'% • Red Lake Brilund Mines Ltd Jan Feb 5c 24c National Consolidated Mine 2.00 55'A 25 %c 1 Y'Knife 55c 1 Bralorne 200 8c Coldstream Cooper Commonwealth Petroleum Berens 1.64:'Jan Jan 56% , j Corp Citra-Lartic Cochenour 1.20 Jan Jan Gold "J&n 1.65-'Jan 64 Jan 81% 62% Feb 82 Feb 15 .Jan 17 Feb 4.50 Jan 5.10 30c Feb 78c 91 Feb 92 Feb Jan Jan ' Jan 44 The Commercial and Financial Chronicle <752) Monday, February 15, 1954 CANADIAN MARKETS RANGE x Friday Last (Cont.) Toronto Stock Exchange week's FOR WEEK FEBRUARY ENDED 12 Friday Sales Range for Week of Prices Shares Sales Week's Last STOCKS Range for Week of Prices Shares " Sale Price STOCKS v"% Par . iGaitwin Exploration Gas Exploration of Alberta 1. Power 61c • 23 100 100 110'/t common.— (>l5fo preferred i" 5%% preferred /Geco ; Mines Ltd General 12 Wares 5% 37% 38% 60 60 17c 3,260 Jan 20 'A Jan Jan Class Jan Preferred Warrants Jan 110% Feb 25 110 Jan 110 'A Feb 12 Jan 5.55 Lavalie Feb Leltch 5%c Jan Lencourt 34% Jan 38'A Jan Lexindin 159 57% Jan 62% Jan 300 5.10 Jan 5.40 Jan 5.35 Jan 16'A' 580 16'A 16 101 101 6%c 101'A Jan 100 16% 101 % London ' Giant Yellowknife Glenora Lake God's Gold Mine# Gold Golden 3%c Jan 83c . 1 79C 92c 64,500 Jan 1.00 Jan 33 9,800 27c Jan 22c 29,450 16c Feb 1,000 7c Jan 12'Ac l 1.45 1.45 1.50 3,800 44c 41C 45c 13,800 1.45 41c 1.60 Jan Jan 58c Mining' Goodyear Tire Preferred c Graham class A 9 Class A preferred Great Plains Development t< ah - West Great Class *>■ Great Grldoil Gulf class Coal 115 48% Jan 50 7% Feb A 49 50 7% 95 37c 37,150 33c Jan 49c 22'Ac 263Ac 207,920 16c Jan 26% 18% Jan 22% Jan 51% Feb Jan 14 Feb 22'A 21 22'/2 51'A 51% 13c 123Ac 6 14c. 6 5 4.90 10 — • 1 : 1 9c 1 9,587 280 5,685 7.75 Feb 7% Feb 6'/2 655 5 865 Brass Class A 'Hallnor Mines Hard Rock Maple Leaf Milling common,,, garding Carpets arrison Hibberc 5% Hasaga Head Gold of Jan Marcus Jan Jan 6.10 6.50 12,200 6.00 Feb 7.05 Jan 14 120 Jan 14'A Jan Headway Red Lake Heath Gold 9c 9'Ac 45,100 Feb 12c Jan 11 Jan McColl 9c 9.90 lO'/a 26,140 7c 7'Ac 10,500 36'A 650 32% Jan 36'A 16 200 16 Feb 17% Jan 14'A 15 280 14'A Feb 15 Feb 3.00 3.00 3.00 9.40 Jan 7c 1,100 20c 19'Ac 24c 480,000 8 8 355 12c 14c 15,600 Feb 3.00 Feb 3.00 Gold Mines Feb 24c 8 Jan 9 Highland-Bell •Highwood Sarcee Hlnde 16c 18c 9,700 16c Jan 20c 34c 53,000 17c Jan 37c 23c 22c 26c 72,700 19c Jan 26c • Home 10c 12c 41,000 8c Jan 14c Feb Oil Homer Gold Howard Smith Paper 20% Erie Feb 17c Feb 40c 6 V2 14 % 13'A 14'A 9.50 8.75 9.75 18c 21c 5c common— 45 preferred Acceptance (John) & • Mines Mines 19% Jan 22 Feb Montoco 5 45 Feb 45 Feb 25 900 1.70 1,520 37% Jan 41 Feb 3,600. 45c Jan 51c Jan 7 121% 85 Feb 2.45 Jan Moore 7.75 Jan 25 Feb Naco Jan National Jan 9c Jan 8.20 10%c Jan Kirkland 10'A Jan National Kristina National Grocers Jan 24 Feb National 4,000 4%c Jan 4%c Jan National Steel 36'A 38% Feb 38 Feb 41% 41'/a 41 41% 140 353b Feb 41% 93A 2.42! 93A 115 2.30 2.59 58,790 5% 20 33 37%, 130'A 130% 22% 22% Jan 5'A 35 16'A 9%. Jart, 2.00 Jan . 9% Jan 5% Jan 16'A 33 j 3 go n\/ • igiAr 37% Bristol Oils 38c Feb 8c Feb 12c Jan 6'Ac Jan 17c Feb 1.75 2,360 25c 3,600 6.85 6.75 7.35 61,596 17c 17c 17C 2,000 9 13.50 7% 6 7% 6,773 5% Feb 7% Feb 9 8% 9 1,237 8 Jan 9 Feb 56c 6,600 48c Jan 60c Jan 26%- 3,360 14% Jan 27 Feb 55c 54c 9 23% 23% 37c 36c 39c 1.85 1.85 1.85 3.00 1.00 21c Jan 4.60 Jan 1.75 Feb 5.80 17c 50 10c 9%c lie 59,700 26c Feb Feb Jan 7.75 Jan 27c Feb 29c 13,700 2.15 1.88 2.15 Jan Jan 43c! 1 , Jan 1.85 Jan 10 11% 13 13 8 375 25% 48c 43'Ac 48c Jan 20c 16% : 25 %► 25% 26% Jan 1 13% Feb ? 15 - < Feb Jan 50c Jan Jan 23c Jan 16% Jan . » '-Jan 24% 25% - Feb 40'Ac Jan Feb i Feb 6% Jan 5% Jan 26% Jan 25 850 8 Jan 43c 100 - 11% 20c - 2,187 - - 6%- 6 2.15 -Feb Jart Feb Jan 7 42o 26% 1 Jan 13% 1,000 16 13c 10- 15,750 20c ■ Jan Jan 1.60 65 8 7c <10,266 13 1.75 61.050 11% —9 40 %c 40'Ac : 5 23c B< 30c Jan , 10%-'Jan i Jan 12% 'Jan 23c 525 - • Jan : 10 Jan- 11%^Jan i 585 27% Jan 27% Jan Jan 7% Jan i Jan 1.73 Jan \ Jan 26'A Jan i n %• 27% 7 7 605 1.55 1.65 2,950 - 25% 26% 1,089 25% - - - 35c Feb 1.53 ' • » 655 27c 11% 27-% ' \ Jan 11% 8,600 - 9lA- 1,235 12 23c v 500 fOJ'e 12 • -9 : 40 12 —• 1• 7 New Calumet Mines New Concord Feb New Davies Petroleum Feb New Delhi 5'Ac Jan 9o Jan 8 %C Feb t 2:15 2.28 12.051 Jan ll%c Jan 3.80 Jan New Goldvue New Harricana 8c Feb 9,900 18c Feb 26c Jan 23c Jan New Highridge 33c Jan 43c Jan New Hugh 16'Ac 16'Ac 500 16%c Jan 1.41 Jan 5c Feb 6%c Jan New 20% Jan 25%.- Jan 7c Jan 9'Ac Jan New 1.33 Feb 1.51 Feb New 2,500 17% 18 4,290 12'Ac 13'Ac 9,100 Jan Jan 20c 24 % 2.05 - Mines Ltd Kelore. Laguerre ; r » 17 8c Morrison Jan 18% 20c v * 55c Jan 74c Jan Newnerth 2,600 65c Jan 85c Jan New 39e Jan 48c Jan , 17c 20c 3,300 14c Jan 24c Jan 1 11 %c 13 %c 148,550 10c Feb 15c Jan New Ryan 3,500 26c Feb 47c Jan New 26c 27c « 18 17% 18'A 2,065 1 h in 70" 8.00 2.25 1,255 1 65c 80c 38,800 17 %C 18c 3,000 15c 18c 19c 7,700 3,735 18c 1,600 20o 1.70 5.95 6.10 24c 243Ac 14% 9,870. '37c, 35C 15c ] 31c 30'AC '39C. 26'Ac '30C. 79c Jan : 19c Jan t Jan< 2.60 149,678 4,174 1.53 Jan, Jan 2.85 4 Jan it * 38e 48c Feb 19%C Jan 22c..Jan. . Feb Jan 24c Jan 31c 6,500 18C .17,650 —1 L10 Jan 17 *£,, 7 ^ 7%c — »• 1.43 Feb Jan < Jan 40c Jan ; Jan 10c Jan : 7'Ac 1,675 6c Jan 7'Ac Jan * 14c 16c 10,400 17e Jan 17,800 . < 13c.. Jan 7c 7'Ac 13,700 7c Jan 1.57 59,126 1.36 18'Ac 19c 8,450 , , 19C - 6 %c lie 9,700 7c. Jan 20c j Jan ( Jan 9c 2.05 Jan 17c I 6%c Feb 9c Jan ' lie. • 13.000 13c lie 1 Feb. Jan; 15c Jan ! Jan* 90C Feb 1.80 Jan > -1 : 1 New Jan 18'A Feb 8.45 Nib N 19c ! Feb 34c 608,500. 6,'Ac 59c 20,300 17c 6'Ac -1 Superior Oils' of Canada^,. 7,191 ' 6c 2.35 . . . 2.50 a%c 6c 5c 9c 11% c 2.10 3,166 6C 7,500 j Jan 65c Jan Jan Niplsslng Feb 22c Jan Nisto Feb 22c Jan Nor-Acme Jan 5.50'Jan 6.15' Feb Jan 24%c; Jan Noranda Feb 9%rc Jan ! 93Ac. Feb . ( Jan; Jan; 954c'Jan Feb 12c Jan Jant 20c Feb Jan<( 2.60 10% 8c Jan Jan 900 1.50 Feb 1.70'Jan Normetal 700 3.70 4.00 Jan Nor pax 9'Ac 11c 135,000 9% 9% 725 4%c 4%c 1,200 14% 14% 200 15c Jan North Mines A: Canadian Jan 9% Feb 4%c Feb 6c Jan North Jan 14'/£ Jaju_ .North 14 %c — Inca Star. — Oil— . Jan _ 11,300, 13c 14'Ac . 12c 2.30 43,266. 16c 7,050 2.45 1 12c 12c 9c 8'Ac IOC <-* 6 6 189,675 14c ^—1 -- 6% 5,559 10,296 2.65 235 6.188- 8c .. 35,500. 1,900 - , Jam li65 Jan lie Jan Feb 61c 600 62 10c 8c 2,35 a » 58 15c Ltd Oils Gold . 2.65 Mines North Denison 13% 10c Minine Oil 9'A . 61 —a 7,900 72c 72c Mines 1,620. •10c. 9c 1 : 1.50 1.50 1.41 —:— — Gold L40. Jan Jan 72c 58'' Feb 62 7c Feb- 10%c Jan ll%c Jan; - 2.35 9%c 1.78 Jan 14% c Feb Feb 2.60 Jan Jan; 18c Jan 2.60 7Vac Jan 15c 8%c Feb 16c 6 Jan 6'A i I Jan * Norgold 4.00 9%c Feb Mines Mines Ltd- 3.95 Jan * ' 80c { 6%c Feb Jan 8%c- Feb; 2,500. 6'Ac 7c. 5'Ac 25,700 8'Ac 2.42 . II.500 20c . -5%c . 21,500 7c 9c 10%c 15% c Yellowknife Jan 9,500. 69,500._ 9%c ' : 10c 8'Ac 22c 6%c 7%C. 7c , 16c —;— ,— 17c 5'Ac 7c -1 90c < 1 6:'<2 c 5%c —I 9 4 Lake Mines—j. Senator 72c ' 7.75 j Jan '52c 8c 1 9c ; 1.40 7'Ac >• 28 %c 10,879' Feb 19c 8c 6c 14c ■v 15c 6,000 : v p-i—1 New- Rouynr Merger Norlartic Shops_ZZZZZZ__Z3 * Jani, 19c 25,900. 2.79 17c —X New Pacalta Oils 1.50 4,/* 22c 2.64 48c. New- Thurbois ""j 20c 2.79 1 t_s Mines Ltd, Gold 2,400 . 20%c 42c 1 Norzone 40c qw"~ Jan Jan . 94'Ac 246,175. 44c Mylamaque Explor 3,500 71c 1.60 1 5 1.20 'Jan Feb 15c 3,300 1.53 1.11 55c 23,200 . 16c 17'Ac 1.21 • Mosher Long Lac Mines 39c nn Jan 91c Jan 1.13 Feb 2.34 Jan 56c . < 1.60 Jan 65c 1.63 a »68c ,17'Ac —" New Jan Jan 17„ ' 60c —1 Mines U— Marlon Gold*— 62c 200 * 62c > —1 __—— Larder 40c « 6,300 * L 26 %C —1 Malartic New Jan 69c " -Jan 1.17 5,665 —l: Newlund Mines 10,500 n :63c 1.20 : New Jason Gold,.—: 8d gnn Jan 65c Jan Jan 96,850 51,818 13c 42c 35c 1.51 ibi/ 56c 1.13 —1 Jan 1.40 1 13e Feb " 1 6c 7%c t Feb 1.20 " 1 New Fortune 32,120 645 "*""*1 ' 57c 1.14 0 — 8c 25 }■£ 2.22 i Jan 37c 9,400 1 j 1 6c 3.30 3,000 ZZZl 1.60 Jan 2.27 Feb 9'Ac 453,400 1.42 " 28 y< -'Jan 13c Jan 1.75 8,000 .58C 1.45 1 Petroleum Devon Warrants: 5,700 II,200 fi2r ,10c 37c —1 -_:50c Dickenson Mines New 3.70 2.05 13c 10c 38c -*—• ;— 3.55 6'Ac 17% 28,950 9'Ac Feb 10'Ac Jan 9c 1.85 '• 27%- Jan I,100 10c • 31c 6c 0414 I— 23% Jan Feb 10c 1:75 1:82 I_.l Development. New- Continental. Oil 20% 280 28-%- 0 — Jan 30c 28 10c :—1 New British Dominion Oil Feb 132 28 1 : : 23% 1,80 i - Jan 22c —1, Jan cr 1 For footnotes see page 45, Jan 30c 1.00 1.41 * 9 -25 ; 18c 193Ac 40c t _ Jan 10 1,500 16% Bidlamaaue 16'Ac 18'Ac c i«i 1 La pa Cadillac Laura Secord Candy 57% Jan 34,620 —-—9 New Z Jan Jan 8% ' Feb 18c • Feb Jan' 1,709 ZZZZZZl ZZZZZZ* Z~__~~ Feb 93" - 35,477 9 Alger Jan 9c 1 „ 30% Feb 53 •' Jan 17c _9 —1 Uranium New New Mines Feb Feb 14'Ac ' Lab'ine 19 8'Ac g "Ac ZZZZZZZZZl Oils & Lang & Sons 26% 91 Feb 13 Feb Jan 4.60 26% 128% 2.OO Gold 12% 17c 9c 11'Ac 1 New Feb Jan 1,700 ~ Mines Lamaque Landover 30 1,000 Jan 13c Feb 8% :9c -10 New Feb 34 % 19,200 1 Lake Wasa Mining 3,189 93 11c Car J 988 9c , 30% 91% 93 25c 140 8c Mines- 26% 14 %c 14 %c 30% >■————:_20 23% 9c — Shore 75 Feb 7% 4.25 : 22% 7c Lake- Lingman Lake Osu 12% 14 %c Mines Nesbitt 2.85 "Feb 30 500 « 12% l„5 National Trust Negus Feb 16% 335 12,156 18,319 . 9,457 V#c Feb 31c Mines 15c > 11,400 Petroleum \ Dufault 13c 14 %c i cl&ss 23'A Jan . (John) Ltd Labrador Mining & Exploration 18,000 38c common 400 23'A Labatt 8% • —_i— Preferred' 24 31c Mines 8% Chemical' com—i__3 4% Jan • Copper 8% :—9 4% 22'A Kroy Oils Ltd Jan 37C i Hosiery l Townsite Klondlke-Keno • Jan 52C Feb 37c I Feb Jan - Kirkland lie Jan 22c 37c — ■ 9% 39 5 — Jan 43c 24,500 —* Drug- & Preferred 7,775 t Lake 8 4,800 37c —9 93A 34% (1939) Keymet Mines Kirkland-Htadson 3,625 46c 49'Ac 1 —1 Ltd 9'A 1 Keyboycon Mines .Jan 9'Ac National Explorations Ltd 34'A I Kerr-Adidson 7% 29c : Jan _____50c " Feb Jan Jan 24 125 388 • Gold -7--- Jan Feb Jan 8 %c 1— Feb 5/100 Oils 103 46c —9 Brass 37 • Kenwell Feb 34C • preferred 39 ~~1 Kenville - 1.56 4'Ac Jan L Corp< common 4 '/o Morrison Jan 36% Kelvinator 100 1,120 Jan 10c Jan Jan- 3c 155 Petroleum Jan 32'A Kayrand Mining 1.33 595 common,,,^ 28 9 Ltd * 9 Porcupine Moneta 48c ; 7%c Feb < 1 Montreal Locomotive 476 1 Mines *7% • 10 Knitting Monarch 36% 37 . 7% Jan Jan common— 38'/2 Jupiter Oils Ltd: Luz 782 45 6,603 \ Gold Jonsmith La 22 - 38 Ltd Joburke 5 Jan 1.80 Jan- 57% -— I,270 25,011 33 „ 401 Feb 18% Jan 1.60 10 Containers 39 • Mines 101 1.56 11c common Corp 35 » Joliet-Quebec Lake 6'Ac Jan 400 A Oil Oils Lake Jan 41% Gold Waite Jellicoe 4'Ac 38 3A Jaculet Mines Jet 1,000 * New Jacknife Jasper Modern • Mountain 12,500 Fqb Jan 17% —* Mining 9,600 common Interprovincial Pipe Line Jack Jan 8.00 38 International Petroleum Island 29,075 4 'Ac Jan 1.30 • 12,000 1.56 3c 29c Jan 11% T 14 V* 36 com , 8%C 1.40 Feb 1,298 57 : Mindamar 7.90 16% class 7%c Jan 21c 24 %C Minda-Scotia Jan 9'Ac .25 Metals 8c 1.52 16'Ac 13.500- - 10 common Brick Milton Jan 9c 5'/2 16% Preferred 1.80 1 Grain: 24 1 International Nickel Co Jan "68c Feb Jan Gas_, & Pacific & ,31 9 Preferred International Feb Jan ^8 Co Powders 1.97 Feb Jan Mill City Petroleum: Jan 16c 100 preferred Inspiration Mining International Bronze .-- Feb 33 Oil 38'A 30 $2 preferred ,5% 42c Feb 3 $1.50 preferred Ihglis 25 Jan Midland 4y~ • common 7,050 Jan 53c 12 %c - ' Midcon 9% 1 1.56 18%. 100 — 3434 25 , 1.45 . 1.61 1 9 * — Licht & Power Feb 7.90 ' - 11,850 Jan 7c Mines Uranium Meta 10!A 123'A 123% _„ 24c ■*. 18% —1 1 24c 1.85 Imperial Bank ' 10 Imperial Oil • Imperial Tobacco of Canada ordinary..5 21c Feb 10c 16c — Jan 40 3A 47c ~~ 4,500 - 1.80 • * 9 ; Jan 1.80 1 Petroleums --24,300 13c 16 Feb 1.51 11,170 68c- Feb 8c 5,150 — 18c 39'A 25 16 • 77,615 Petroleum Merrill Jan 6% 7,510 1,35 100 Jan 8c Merrill Jan Jan 100 40'A 1 , 'A 6 • — 1.70 56c 13c - * Gold 30e 13c 300 20 45 100 Lake 30'/2 5c 1 - 32c 35,700 . Jan 17%c 21c Lake Red Lake 7'Ac » 30 5,850 20c Husky Oil & Refining Ltd Industrial 6,000 6'/2 Hy-Charger' 4% 1,900 14c 30 • Smelting paid Indian 42c 13c 30'A 22 ; Bay Mining & Porcupine & 4 %c 20,200 50 Hugh-Pam Huron 13,200 23c common , Hoyle Mining .Hudson 5%C 17c 1 - Preferred «• 5c 20c • , Yellowknife Hosco 51/2C 9 , 1.19 Jan 2,500 * Preferred.' 1 A_, 1.51 Jan Feb 13c 50 9%c 17 Jan 1 -1 Mercury Mills Island Jan 10'Ac 5 Mfg class Hollinger Consoi <16- 16 Feb 6% Feb 12 Feb 75c Feb -60c- . 4,500 8 'Ac 5%c Feb 5% 7c * Exploration Mentor Feb * Holden 13"% C 1 %C Feb 75c 60- 8,700 * 5 McMarmac Jan 28c ;,._9 . - 16c common McWatters Feb' 18c __1 — 4 106 - 20c Ltd —-a-.- Red McKenzie Jan Feb 1 Dauch & 14.9f)7 - 7 %C Mclntyre Porcupine Drilling — Jan 17%c 12c 9 Crest Oils Ltd High 43eC —1 McDougall-Segur Mexican Heva —— Mclvor Feb 13c Frontenac Preferred' 10'Ac Jan 30c 1 Feb Feb 18% —— Oils Ltd Massey-Harris-Ferguson Feb 16 1 42 473:675 1.55 Maybrun Mines * McCabe Grain class A 14 1 Iron Feb 47 14c 22c Marwayne 35 3A i3C 1.20 Jan 14c 60c Marigold Oils Ltd 3.25 Jan 1 Lakes ^old 6% 6'A Feb 36 ♦ 1 Mines Jan 37Va 1 Malartic Pob 1 Gold Feb 40%, Jan ' —,100 Maralgo Mines —-.—-——«•' 00 1 - 23c 2,413 1 1 3.10 a i_* common Jan Jan 56c 88,435-- 75c 1—9 preferred;, Manitoba Sugar r Hahn Jan 11c 10c 2,578 5% 16 70c Jan 7%c Jan - 42 12c - 1.67 Consoi Goldflelds Malartic Manitoba & Eastern 100 10% • 60c Feb *47- 5% • - 79e —1 Gold' Mines 3.10 9 Gold Gypsum Lime & Alabastine X.19- 13c 1 14 6.45 3,450 10,000 523,775 1 3.10 9o - 11c 60c 1 Red Lake Marbenor 9 65e Jan Feb 51 Jan 68c '—1 — Magnet Feb 6%c 5,000- Jan * Bloedel class B-t. Gold Mines,— & 5%c Jan 4%6 ■' 1 — Madsen Jan * 1 preferred-..,. Trust Lake MacMillan Feb 33c *. Pelt Gunnar Gold a. 215 Feb 6c Jan • » '. MacLeod-Cockshutt ■ Lead Gwillim 97 26c 1 Freehold Guaranty Jan 230 7%c Jan 7% , B West 4c 11,600 33c 9 . Jan 5c • common 4 %c 115 • Paper 5,500 108 1 Mines Lakes 6c Jan 45 13% c •--* —* ' t Mines Mines Mackeno 4%c 4'Ac 112 % 49 % * 50 Bousquet Grandines ..Great 1 i common Mackay Gordon 4%c 1 •' Explorations Macfie Mines ■1. -w. - _ Macdonald 2.00 75c —1 —T M)_ * Mines Macassa Jan Jan 99c - —* Jan Jan 1.80 40 4%C —1 Goldfields ' 50 23c : ■9 —0 1 : • 19 17c 41 common,— Yellowknife Lynx Jan 5'AC' 1.05 A— aJi (Walter Lowney 23'Ac Feb 8%c 28 17% 5%e 45% A Louvicourt 185 19 65c Lorado Jan 37c Feb 15 2.00- 23c ——- Long Island Petroleums—— Urahiurm Mines J— Jan 18c 9 -_- 79e 9.70 5'Ac Feb 8 VaC 18c 1 Uranium Goodfisb • 7.70 Jan .,154,850' 1' , 1 Manitou Goldora . 9%c Feb 1,180' 5'Ac i- "v ' 6%c 9.00 3%c 1 , . Mines Goldflelds 28,800 ».60 4%c • — Gold, Eagle 7'Ac 8.60 1 Gold Goldale Mines Goidcrest 6%c 1 T - 11% Jan 9%c Hosiery Class Jan 13 2.00 ~ Gold Lomega Feb 10% 700 18% - Gold Gold*-*— Class B J, Jan Jan 15% 145 High 375 15 5%c Long Lac,—; — Loblaw Groceterias class, A___ Feb 5.00 Low 11 % 2.00 — Little 2,060 Range Since Jan. 1 High 11 19 —--- ——.— Gold 5'Ac Jan 155 5)25 1 - 11 A Mines 230 ' Lake Geneva ! <23 104 class Acceptance B Jan 85- 132,153 Low \L 15 Laurentide 25c 78c Jan 60c Par . 5.25 100 - 61'A 1,600 14,950 High 5.00 5.20 —* common- 5%. k Low 5-35 1 ; Steel 9.60 I- common Preferred - 12 £% 37% 5 , Petroleum General 105 110% 100% 110% * Class A , 23 3 Dynamics General Motors * 22% — 1 General Bakeries General High 20c 20'Ac 61c 67%c — * \ Gatineau Low Sale Price Range Since Jan. 1 Feb Jan Feb Jan Jan 4 Number 5299 Volume. 179 . . . Tke Commercial and Financial Chronicle <753) CANADIAN MARKETS RANGE Friday Last of Prices Trinity Northern Nudulama Qba-ska Lake O Erien Ltd. OKtfftg 15.400 16c I,700 45c Jan i.ea 7%c Jan 50c Jan 9%c Jan 6%c Jan 3,640 65c Jan 80c 4,500 9c Jan 14c 6%< 619,320 5 'Ac Feb 1.76 1.86 16c 16c —-• - - 6,200 1.75 500 16c Ontario Exploration Jockey Club Ontario Loan 3%c Ontario 72% Copper Mines Pacific Pamour Pan 71c 78c 34,315 1.08 1.25 1.96 4.00 45c 1.00 v'- 74 Paraniaque Mines Parbec MinesParker 16,000 -1.10) 6,500 85c 25c 74 SA¬ 8%c 20 ——— %c ,196 69'A 1,795. Feb -10,910 ■ 4.40 1.25 » Malartic 74% Feb " 75 Jan 39c .. Jan Feb Jan 22c 23c Jan .4,10 Jan United 4.50- Feb Peace River Nat Gas— Perron Peruvian Oil Crow Pioneer Gold Gold Pitch-Ore United Gas 1 6,500 9c Feb 11,310 258,460 80c Jan 39c Jan 1.01 Feb 1.22 Jan 1.41 Jan 1.90 22c Corp Jan Jan Weedon Jan 31c 27% 75c 35 36 2.15 3.00 9,750 2.00 Jan 5c 3,000 4'Ac Feb 5%c 2.10 Jan 3.10 3.70 Jan 4.70 88c 30,525 4,025 10c Jan 67c 69c 15 %c 3,300 65c Jan 73c 3.85 4,700 3.85 38c 48c 35c 16 2,025 14'A Feb 16 69c 55,300 64c Feb 90c 36C 27,700. 30c Feb 20C 38,600 14.c 90c 96c 5,625 90c 12C 5,000 8c Jan . 1 11c —.1 1.06 1.05 common 1.12 7,100 95c Jan 60c 65c 34,486 42c Jan 68c 11,700 Feb 1.65 10% 10% 10% 11.000 10% 5 17%c 1 — 3%c class A 1.50 Jan 1.82 Jan 20,550 1.21 Jan 1.55 Jan 25 1.45 Jan 1.85 Stedman t 17 „ : 49'A — __ 4.00 24% 5.90 16'Ac (1944) class A 3,700 10% 37% - Jan 44% Zenmac Jan 11c Jan 1.55 Jan 1.95 Jan Jan 40'A Feb 44% Jap 50% J an 51 45 % 582 50 Jan 51 Jan 9c 10c 4,732 3.95, 4.1Q 38,711 24% 23% 5,90 Cons Mines Supertest (ordinary) , Common 25 785 24 Jap 25 Feb 24 425 23% Feb 24 Jan 500 5.90 Feb 15c 16%c 14,310 10 10% 899 15c 6.00 Jan 18c Jan 19% Jan 19 Feb 81c Jan 60c Jan 70c Jan 10 Jan 10% Jan 1.12 Feb Grass Oils Ltd Jan 15% Jan' Feb 43c Jan 37 Jan 4 2'A Feb 47'A 48 60c 30 20'Ac 338 61c 29% 25c 30c 45 Jan Feb 48 Feb "80c Jan 29% Jan 30 Jan 8,900 18c Jan 25cT Feb 27%c 2,692 40, 7-7 80c 47% 60c 3,599. - 24'A 45 325 30c 23% 2,400. "50 93g 25.934 12'Ac 13'Ac 10,000 Brown Co 1st Industries Gold Feb 15 Jan 45c Jan 9.00 10 5,430 9,00 Jan 10 Feb Jan 57 54% 55% 4.35 4.50 1,100 31c 31c 15,100' 6c 6c 35p 6'Ac 6C Jam 4.60? Jan Jan Feb 39c Jan 2,000 5'Ac- Jan 9c Jan 6'Ac 1,500 4%c Jan 6'Ac Jan 18c 4.000 15c Feb 22c Jan 21% 21% 295 15o 16c 3,600 18 157 16C 17% 20% Jan 14c 34% 64c 192,735 4.85 4.75 5.05 2,925 48c 43c 50c 33 55 55c 10,800 Feb 17c Feb Jan 55c 34% 57c 22 Jan 17% 34% Feb Jan 18 Jan 35 4.60- Jan Jan 78c - Jan 5.20* Jan 43c Feb 67c, Jan 39.. 39% 1,025 34'A Jan 39% Feb 97 97% 180 95% Jan 97% Feb 13% 13% 13% 25 13% Feb 16% Jan 66c 65c 69c 25,750 64c Jan 80c Jan 7'Ac 9c 6,300 7c Jan 9c Jan 7c Jan 97- .1 8c 8c 8c 1,100 8%C 9c 2,500 7c Jan 7% 8 2,600 7% Feb 97 Va 8 100 97% 29 97'/a Feb 98 7c Jan 18c Feb 1.55 Jan 1.87 Jan 15c 13'Ac 18c 311,700 1.80 1.70 1.80 7,430 1 26c 10%c Jan Feb 9c 8% Jan Jan 25c 26c 25c Feb 30c Jan 8%c 7'Ac 8'Ac 10,500 7c Jan 10c Jan «. I 7.%c 6%c 9c 38,400 5%c Jan 9c Feb 1.26 1.35 9,896 1.40 Feb 11c 11 %c 10,849 1 1.32 1, 11c 1 / 20c 18c 7,900 20c 1.14 Jan 11c- Feb 18c 3,600 Feb 13%o Jan Jan 26c Jan 34c Jan 24% Feb Jan 45 6% Feb 80c Jan 98c Pend 9'Ac 8%c 11 %c 20,000 8%c Feb 13c Jan 7.50'■ 6i70 94,810 6.50 17c 16c Jan 16c Feb 18 %c 1.7a 1.95 - 20c Jan 28c 3,650 17 15% 16% 270 101101% 25 2,545. 1.65 Feb. "15% 15% Feb 1.95 Jan 17 359 11% 11 11% 4,970 Jan 16% 102 ** Feb Jan 20c 28c 106,000 22c Jan 32c Jan • 1.65 1.65 1.65 1.600 1.6\. Feb 1.90 1.10 1.10 1.15 12,535 1.08 Feb 1.20 Jan Jan 26'A Jan .. 8% Jan 12% Feb Feb Jan 99 1*0 47'A Jan 49% Feb 5.95 Feb 7.25 Feb 17'A 177A 14 33 Ltd 25 15 Feb 23% Jan 25 Jan 545 35 Jan 37% Jan 5 5% 5,552 12 12 100 11% Jan 57A 12% Jan 67 125 65 Jan 68 Jan — 1,25 1.30 45 Va 43% 45'A 17cl7%q 3,500 80'A 80JA 38'A 30 36 58 57%, 30% 30%. 6% Jan 20c 16c 125 Jan Jan 85 Jan 35'A Jan 40 Jan Feb 27'A Jan 30 33'A-Jan 36 54 Jan 31% 1,140 Jan 67/a 110 29 .6 58% Feb 31% Feb 6% 36 36 255 36 520. . 58 58 31% 3.60 3,75 51c 57q 23 23 6,700 . Jan Jan 36 Jan Feb ten Jan 58 28 Jan 31A Feb 3.50 Jan 4.06 Jan 54'A 345 57c* * 125 1,965 26 23 1 3.75 34% 25% — / 7'A Jan 34% 200 34'/a - 34% 2 - 3,545 3.60 — .... 50 30% — 30% —I——1 Feb 45'A Feb Jan 71 . 25 30 1.30 Feb 1,749 35 — 1 40% 335 58'4 30 Jan 1.00- Jan 600 . 82'A 38'A __ 3.75 ., . 15 Jan 32 23% 4 85 ^n 35 Feb Jan 51c 20'A . — Jan , Jan 26 Feb . Jajj 59c 23 Jan Feb " f 1 ..'1 » 11 1 - , - " - - - 1 ~ FOOTNOTES FOR OUT-OF-TOWN AND CANADIAN MARKETS No par value, Odd lot sale t Ex-liquidating (not Included In year's, range), » - delivery sale (not Included price. rCash sale dividend, (Un) Admitted; to unlisted trading privileges. wd When delivered. year's range). e Selling ex-intorest. t Flat 1 4.55 6,738 * W Feb 15 67 5 — Jan 8-15 12 * Jan 35 15 5% 6 ——— Feb 14'A Feb 25 1 5 177A Jan 33 36'A 5 Paper Jan 13% 95 24 * " 17'/a 30 * 36 7ya Dredging——, Feb 475 14 33-33% 15 87 25 * common 55 — 5 Consolidated In 4 Jan 1 Feb 24% Jan* 6,963 when Issued. Jan 25c 8% 8 96 „ • • — d Deferred Feb 14c 27'A Jan 7.10 * common Ontario Gold a j Feb 10,102 Jan 49% • • Jap 19c Jan 96 * — Paper & P Fel) 17c 7 25 5.95 " 101 50 490 • . 49'A 6.00 • • new Stores Zeller's Jan lgi/2 26 20 — Power Bros Yukon Jan 38,000 - 26% 9 12% 2,200 20c 25%c 26 __ Lumber Oreille Price i7C 7% * — Consol Thrift 22c 1,875 -• Bridge Glass MacLaren Jan 1 87/s * Inc Pato Jan 13 27'A 8'A r* High . __ j Loblaw Jan 150. 7'A 25% • International Utilities Interprovincial Utilities 19'A 12'A 7'A 27 • Dominion Oilcloth Jan Feb Low 8'A 5 Oil Hayes Steel international 31 7.95 ]J Range since Jan 1 High • — Dominion Feb Jan Shares Low * Western Dominion Jan 18c -for Week 5 Paper Westinghouse Coast Copper Consolidated Paper Jan Jan I.;; Sales Range 1 «fe Develop Bronze Minnesota 7% Week's • Pulp common Canadian Feb 21% 44% Curb Section - of Prices * Canadian Jan 12% Par Canadian Marconi 18% 7.95 Exchange Last Cottons prefererd— Canadian General Invest Canadian Industries common 29% 26c 4.35 __ 12'Ac __ 50 31c 6c 21% • 2nd preferred Bulolo Gold Dredging 125 __ 16,141 Jan (15c lc 1 preferred 1,640 —_25c 13% 33 %c 9.60 Oil, Canadian Dalhousie 37c * 46 1,700 — Anglo 31 50c Jan 38c • Anglo Newfoundland Asbestos Corp 19 100- Inlet Jan 8c 13% 1 — Jan 15 __ Preferred— 8 2.20 Jan 37c 1 Metal Canadian 215 1.95 Jan 13% *> Andian National 30% 1 800 * Canadian 3,620 • Jan • Jan 5.90 * 1 : Jan Feb Feb PRO Friday . Sullivan -r 7c 12,309. Sale Price • Gold Feb 3,000 2.05 1 Jan 5,720 12% 7% 7%c STOCKS 18% « 8 7c 5c 6% 10* Canadian Fonda 1 common—-- 7% 1.85 1.67 Jan 38c • 4.30 38c __ Jan Feb ' 30% * Feb 7% 10c 11c 15% i—«. 6% 14% 4.50 Zinc Jan 700' 4,745 55% — 4c 1.95 « Feb 42'A 86c" 6% 15% Jan - 1 Feb 40 24 6% 14% 15% 1,12 1,000 1 9c 37c __ 4%C- Feb 12'/« Feb 47,510- •> common— 3.95 15'% 30* 925 1.46 ' 1 Canada & Dominion Sugar Canada Vinegars 38c 47% 4%c Toronto Stock Feb 6c 15% ' U& 25 Yukenc Mines Feb 39 1,900 1 44% 300. 65c 1 Jan 100 J 63c • Ltd & Jan 45 63c , __ dold River l»3fti Jan 12% & Feb 40'A 100 » 4c 19% 40 ;81,640 • common Contact Sylvanite L65 " 1.72 19 • Gas Sudbury 8wltson V 1.12 <■ Sturgeon Sweet 17 19 .* Steelqy Mining Steep Rock Iron. Mines Surf 17 . . Bros Stuart Oil 1.37 - 99c *" — Canada of 1.26 19 50 : — Jan Jan 37% 2,115 1.00 ___20 3c 17 44% • __ Steel Jan. Yellowknife Bear Mines— Jan 1.26 • , Olsen 72c Jan 9,000 __ Starratt 17c 38,300 •* & Jan 1.74 50c ; common Radio 62,400 Feb 97%c 1 Oil 13% 1.65 1 Spooler Oils Ltd, Standard Jan 11c 4,100 „5 Mines Mines 1.20 12% Feb 8%c - 1.65 1 —u—— — Stanwell 13c 41% 12 13A-; --'-1,066 "Jan 9%c __1 common Paving 1.00 12% 1 Mines Feb 37% 890 1.75 * Mines Standard 98c — Canuck Feb 1.65 , __ Stadacona Feb ,1? '• 1 Co..: Preferred 41% 18c 1.75 common preferred Valley Southam 40% 14c Jan 17,625 1 Somerville Sotiris 60c Jan Jan 5.85 4.10 Feb Jan Jan 10c 44% 50 (Quebec) Co 2c 10%c 203,000 44% com Gold (Ml 1,200 23,000 . 44% Ltd Rlscoe 2%c 14c 18c 2,510 Voting, Trust Slater Jan 2%c * 32,500 •- Mlness Dairies Feb 7.35 3.30- Feb Feb 19% —'r* Sberritt Gordon Simpsons 16'Ac 3'Ac 19% • preferred Silverwood Feb 3%c - /——50 Standard 13c 12c • preferred Silver 129,028 .1 . common Ltd 27'A . 53,315 . 1 Yankee Jan Jan 17'% Ltd Security Freehold Petroleums Shawinlgan Water & Power Mining 18c Lead 22c 23 y*. Jan Gold Yellorex Feb Jan 12% - 13'A 1 Sapphire Petroleums Scurry Oils Ltd-— Breweries 5 12c 14c ; 41% • —— Gold (1945) Feb 1 common Corp 8and River Gold 5 296,870 10%c 17c • 1 75 Jan 18c 2c 14c > 10% Feb 13c 16 %c __ • 1 5 15%c — — _ J * 1 —, — Yale Jan * * 1.12 37%; Feb Jaa 480 Wriglit-Hargreaves Jan 1.38 Jan 9; Jan 19c 2,135 102,950 » — Jaip 33 6,800 86c 4.10 60c __* Larder 9 2,^75 . 6.00 „ Mines^ Winnipeg & Central Gas Winnipeg Electric preferred Jan 1.48 300 ;37% Jan 10% Feb 5.90 Petroleums Winora g, 36% Jan 5.90i 100 Winchester . 35c • — Wiltsey-Coghlan Jan 1.38 ~ Antonio Wilrich 10% j ' 1 Jan 63c 10 10: Jan 2,83. Feb Jan 13%i, Jan — Jan 1.20 1.42 common Industries Silknit 20c 12c 1 Rupununi Gold Silanco Jan 155 10 Jan 53% Leaseholds Ltd Western Tungsten, Weston (Geo.) common Jan -1 , Oils Silver-Miller 45c 23c Jan Jan Homestead Jan Feb 11c 50o _ * Mines 43c Feb 17,100 5 Jan 42c 24c 1 Jan 67c Jan 2.55 Feb Ashley Feb 64c Feb 35c -23C ,• Yukon 24'A, Jan 35,582 1.33! Preferred Jan 2.87 1.14 — 19% 17,000 . 2.50; Feb 65c 12% Products Pass 42c 36%. Feb Jan Jan 57 • - 1-85 43c 5,985 290 Canada Brew™. Grocers, class A— White 46,200 203 Western Jan 17,478 58c 27 % Western Jan Feb 2.50 23%, 26% Western Jan 2.50 18c Feb 27% Western , Jam 30c • „ 78c 14% 10 Sigma Feb 20c 32% ,—25 Western 65c 30c Feb 1,805 50C 66c Feb 65 %c- Westeel Jan 31,100 31c Royal Bank Sicks' Feb - 3.00 Feb 55,185 1 Little B Jan 36 Jan 32c 36% 13% Windward Gold Oils Scythes &' Co 84c 4.70 66c Jan 37-% 58% r Territories, 1 Consdl Class Malartic West 15% Royalite Oil ; West Feb 3.05 1 Utilities Shawkey Jan 27% Jan 42,500 22,832 Mines— Warrants A 36c Jan 30c 9%c Jan 3,60 Consolidated Feb 72c 38c Jan 32% 1. 28c 4.051 43C 9c 16,275 2.33 12% Equipment 26 2.50 10,150 13% Pyrites Wekusko Jan 13c Feb 57% W' 1,800 N 13c 19 24C • 1,500 2.80 - Jan 2.75 Mines- — 5,878 • Silver San 29% I Uranium Lawrence Jan 27.'A 13c Feb 3.95 • & Waterous 1.34 1.60 1 Roche Long Lac St G Jan — Russell Walker Jan 68c Mining Oils Jan 1.15 2.60 A Bundle 28c 1.05 1 Rtx-Athabasca (B Feb 935 82c 14% 58% Amulet/ 4,600 * .> Gold Petroleum Roxana Waite 35 Jan 2.85 1 „* Mines 20,200 650 13% 16 37%. 22% • 50 Feb V Feb 485 315 19c 10 %c Ltd 27 1 • — A— Jan 1.53 93Ac ..36c- —• ! Feb 61c Feb V'* H47i — 7,733 - 19c Jan 1.35 32%. 37% Vicour 8,600 24% 35c 1.60 Jan 35% 37% 23%,. — Violamac Mines Virginia. Dare preferred. Vulcan Oils Feb 1.10 18c 9c —— Feb -. 1.90 121,000 19 9 Jan 1.14 4.70 Ret} Poplar Gold Roy Ventures 1.25 1 Uranium Rowan 11c - *;• 60c 2.99 Airways Inlet Class 10c 60c 14% 18JA ——————IIIIZIHIi Viceroy Mfg class 1.25 2.70 Dome Quebec Nickel - Jan 73c Manitou . Jan 35 30c Metalurgical Robinson, 37% 4%c Sc Quebec Rio Prado Jan Feb 1.14 36 Quebec Redwater 36% 32c 1.13 27% Labrador Rexspar 205 1.G00 14% 19 58c Van Rol Cons Mines Vanadium Alloys 1.15 Gold Quebec Copper Corp Reef Jan 37 2,000; —• Pipe Line — Steel 26%. : East Radlore •6.60 19c Premier Border Rankin Jan 35c 133,340 Upper Canada Mines Feb 27 Corp Quemont 5.00 Jan 1.00 1.25 Oils Rouyn Queenston 3,825 50c 22c River Pbwell Quebec Feb 6.50 55c 1.44 Oils 1.25 Powell. Prospectors 40c 12c 1.75 Uranium Oil Jan " 1.01 Petroleum Prairie. 33%c 1.00 55C Oils Preston 10,276 9 %c 1.01 ^ Mines... Ponder Power Jan 37 — Development Poplar Feb 70c 32c ___ -J, Placer' Pontiac 10c 1,500 6.25 — Ohs A Mineral & Gas Petrol 2,600 37 Gold' Pershcourt Goldfields Pickle 11c 95c 36c 38 %c 6.30 People's Credit Sec 14%c Jan 40c 1.35 • Oil Montauban United 10c 36c 11,500: 45c 1-44 Jan 2.65 1.20' Feb 36 United Corp class B__ United Fuel A preferred: Class B preferred United Keno Hill — Feb Jan. 90c ■ Pete Paymaster Consol 4)200. 1.4% Jan 9 Jail 16c * United Asbestos I Partanen Pathfinder A Accentance common; Preferred Unipn Gas Unipn Mining Feb 11c " 500 5c Jan 1.40i '. Mountain Unijon q.10 Jan —'.7c 643,850' B Tungsten Corp Feb 59c Jan Jan 31%c 8% 1.83 1.20 —1 Transcontinental, Resources Jan 58c " Jan 66'Ac Feb "28,500 23c 4.35 8,15 1,065 • . '36c 7c Trans Jan 4.45 Jan II,440 74 Jan 1.37 Jan 841,882 34c Exploration 4'Ac Jam 50- 33)729 1 High 15'Ac common—.--—* — 59c 4.40 -. • Jan 9.00 7C Drilling Ja'n 42c Works Trans Empire Oils Trans Era: Oils -Feb 96c Jan 3.4C - 2; 714 50c 35 %c — 1.00 52a 8%. 2.65 ♦ Finance- class Class - 4.45 GO'Ac 68'Ac Oil——. 2.10 24 - Feb 46c •' Porcupine Western 71c Traders 4'Ac Jan Jan Jan 8.45 57c 9.00 —— Jan Jan Jan 1.85 24,175 1.10 , Tubes- 3%c * "22 Towagmac 4'Ac 2.05 1 Mines_- Iron Lour 1.20 • — Toronto Range Since Jan. 15'Ac J. Elevators Jan 11c 18'Ac , c 4.15 Navigation—'(Eastern)- Hershey 25 49 %C Pacific Petroleum. Page. * ■ 2 —v Coyle Pacific 3.025 24 1.23 —iiir „ Orange Crush _i Osisko Lake Mines 6,000 2.05 24 !—50 —- Pyrites Co Ltd Jpciniska 4c 2.00 • -—— — Gold Silver Toronto Shares High 8% 2.50? 1 for Week ' Jan Feb I Omnitrans Tombili Jan 5%c * l Thomson-Lundmark Jan 9'Ac - . common Gold Mines*— Calgary Torbrit ' 17,900 67c; Low 4'Ac Pearson Texas 24 %c 9c 9()C Malartic Taylor, Teck^Hughes Feb Jan 9%c 6c Otis. Jan Feb. Feb 7%c Sales Range of Prices River 9c 36c 7%c j,. Taku 1.60 " 14'Ac 65c -90s. — 65c Feb Jan 10,200 40c Week's Last Par Jan 15,966 -38c 7%c 1 1.40 4%c 25c 16c 17'Ac 38 'Ac Ltd— 300 23,000 9c Friday STOCKS 1 High Jan 50c 1 Ogftita Ols 6il Selections O'Leary 20c 16%c — Gold Mines Low 1.40 1 .1 FEBRUARY ]» Sale Price Range.Since Jan. 18c —1 (494Q>_ Ltd. Mines Shares High 49c —-— Mines Mines- 20c — Mines- Empire Northland NitDae Mining Canada ENDED 1 North Northern Low WEEK for Week Range Sale Price Par FOR Sales ' STOCKS Week's . . - 1 (npt Included in year's range)ft : yEx-dlvldenA u ♦ Ex-rights. wEx-atock dividend, N mm. 43 -48 The Commercial and Financial Chronicle (754) . . Monday, February 15, 195£ . OVER-THE-COUNTER SECURITIES Quotation for Friday, February Vi Obligations of Government Agencies Investing Companies Par Bid 25c Mutual Funds— 97c Aberdeen Fund —1.25 Ask 1.06 Inc—1 4.10 12.24 5.47 4.37 13.30 Axe-Houghton Fund "A" Inc__1 Axe-Houghton Fund "B" Inc__5 Axe-Houghton Stock Fund Inc.l 9.63 18.86 3.12 10.41 20.50 3.41 Affiliated Fund Inc Business Shares American Mutual American Fund 5.0G 1 Mutual Funds— Johnston Fund (The) Inc Blair Blue Bond Inv B~1 (Investment B-2 (Medium Grade B-3 (Low 21.63 1 24.10 23.26 26.05 8.39 9.07 5 23.09 24.96 1 24.53 26.88 1 1 9.37 12.01 10.13 13.00 * Boston Fund Inc value asset Broad Corp Invest Street Bullock Fund Ltd Canada Fund General 100 Preferred 141 136 1 Commonwealth Investment 7.02 7.63 , Composite Bond & Stock Fund Inc 17.17 1 12.78 1 Inc Fund Concord 15.80 12.56 29 lh 13.89 13.58 31'/a 1 - Fund Composite Consolidated Investment Trust-l De Net !'! 10.75 1 1 41.16 18.31 40.75 16.65 stock—1 common 25c 7.78 6.89 1.92 8.53 7.55 2.11 ——1 10.78 11.72 1 Diversified Investment Fund-l Dividend Shares Dreyfus Fund Inc & Howard- —1 1 Equity Fund Inc Fidelity Fund Inc 32.74 25.72 35.00 27.50 20c 5 Fund Fund 5.27 5.46 8.46 9.24 13.26 1 9.17 8.50 6.53 1 5.77 (Low 10 Founders Mutual Fund • Franklin Custodian Funds Inc— stock series Preferred Priced Com Lexington Trust Fund (Net Asset Value)- Managed Fundamental Investors Inc Inc • 1 1 1 Capital Corp. General General Trust Investors lc 3.80 4.19 shares_lc 2.85 3.14 Electrical Equipment shares.lc General Industries shares—lc 4.58 5.04 3.22 3.55 lc 3.55 3.91 Paper shares lc 5.58 6.14 lc 5.04 5.55 lc 4.39 4.84 Business Steel Equipment Metals shares shares Manhattan Bond Massachusetts Ctfs of Fund Inc__10c 7.94 interest Inc 1 18.40 of 29.79 1 14.99 7.82 12.83 I Inc value asset Trust 7.70 11.97 10.86 9.94 9.67 Electrical lc X5.02 5.51 lc X5.30 5.82 shares r Growth RR I Natural of bl.45 bl.50 1.25% 12.46 9.52 5.36 lc X3.88 X7.54 8.27 Companies Inc Shares 1 11.43 12.49 Inc__1 27.20 1 18.60 5.85 19.46 6.35 25 25 15.37 12.45 12.15 13.14 Hudson Fund Inc 1 tnicome Foundation Fund Inc.lOo Incorporated Investors institutional Shares 2.16 11.77 Bank Ins Fund-lc Growth Institutional Institutional Found Fund Investment Co of America 99c lc 15.84 17.32 6.21 1 1 6.75 Boston 1 12.27 1 17.88 13.41 Fund 1 19.03 20.57 .995 Apr. Feb. 25, 1954 99.974 .981 Apr. 4, 1954 99.960 .969 Mar. 11, 1954 99.943 .955 Mar. 18, 1954 99.921 .938 25, 1954 99.902 .918 May 13, 1954 1, 1954 99.884 Aetna Casualty & Surety Aetna Insurance Co Aetna Life Bid lo Bank & Trust Par Bid 57 29.34 of Co—10 Manhattan the 35% 37% 100 American 49% 51% 15 44% 46 % 15.25 15.25 Chemical Bank 13.57 14.68 Commercial 27,09 29.28 American Equitable American Fidelity 8.37 9.17 Fund Investors I Television-Electronics Texas Fund Fund 7.28 7.93 1 5.44 5.95 1 Inc 1 United Accumulative United Continental United Fund Income Fund United Science Fund 6.38 6.93 1 4.63 5.06 1 12.88 14.00 1 6.18 6.75 1 6.28 6.86 Inc„1 4.68 5.11 Shares Fund Stamped Bk Value Line Income Fund Van Strum & Towne Fund Inc.l 8.46 9.22 Street Investing Corp Washington Mutual Investors Fund 1 14.74 15.03 & 1 10.32 11.07 Wellington Fund 1 20.94 22.84 1 19.84 21.45 1 4.25 4.60 Whitehall Fund Investment Inc Co Type (White Series North E 2.50 Amer Trust Shares— 10.20 11.65 5.90 Series 1955 1 1956 1 N Bank Trust & Fiduciary Trust of the —5 40% 105% 33% Jersey Insurance Co of Lincoln National Life 51 53 Maryland 5 N Y.—io .10 27% Merchant Fire Assurance 27 % American Surety 36% Ask 5 30% Franklin 26% 45% 47% 20 '/a 22% Merchants & Manufacturers—4 10% 62 Vi National Fire 84 National Bankers & Shippers Boston Insurance Co 10 59 Employees Group Assoc Employers Reinsurance Union New Amsterdam 10 34V'a 25% New York 271 10 105% 50% 276 North River 108% . 52% 55% • 10 Fire 57 Vi Northeastern 46 46 43% 41 391 403 45% 47% 24 26 30 % 31% 2.50 3.33% 8% 50% 58% 60% Pacific Fire Indemnity Co Casualty Co » 10 85% 89% 55 Vi Pacific 5 18 % 19% 31% 33% Phoenix 10 103% 107% fidelity & Deposit of Md 10 107% 114% Providence-Washington 10 29 % 31% fire 10 46% 66% 88 91 30 32 24% 69% Assn Firemen's of Philadelphia Fund General Reinsurance Corp Glens Falls Great 27% 28% Republic 46 St Paul Fire & Marine 63 Vi 65 15% 16 % 5 36 38 5 American 5 5 Globe & Republic Globe $c Rutgers Fire Gulf Life (Jacksonville, Hanover Fire 711/2 Reinsurance Corp (NY) 44 10 32% 34% Standard 24% 25% 43 Hartford Fire Hartford Steamboller (Texas) Travelers Fla,.)_2 % 41 10 Vi 181% 10 186 % 50 Vi 52% Seaboard Surety Co Security (New Haven) Springfield Fire & Marine Accident 10 68% 9 71% Companies Far Chicago City Nat'l Bank Continental National First and Trust Bid Ask 25 63 33 % 87 90 100 264 271 Savings Bk__ 100 382 392 435 450 66 Illinois Bank National Trust & Bank Harris Trust & Northern Trust Co 100 Cleveland Central National National Bank 20 32 50 City Bank 190 33% 205 16 51% 53 10 38 39% 10 44 46 25 36% 38% 50 52 1 Commerce DetroitNational Bank of Detroit Jersey City Los Angeles Security-First Nt'l Bank Ex 2% for 1 split now $40 par Long Island Trust 10 Manufacturers Trust Co Meadow Brook National 20 tl59 164 24 26% 65% 67% 20 258 31% 29 100 20 -25 Trust Bank 12.50 common Mellon Nat'l Bank & Trust— Ex 4 for 1 split now $25 parPeoples 1st Nat Bank & Tr—_20 96 t92 45% 47% National Bank City Bank York New Pittsburgh & Trust_17% 2 & 25 Co Trust - Albany, N. Y. State Bank of Albany 10 100 St. Louis 266 American 53% 51% 112 115 44% 42% 5% 126 6% 131 18% 17% 280 National Boatmen's Bank 20 Bank Manufacturers Bank Mercantile Trust 290 St. Union Louis 51% 55 % 54% 57% 30 & Trust_20 27 25 49 % 52% 25 60 63 20 63% 67% Co Trust Bank 39 37 20 17 National First National Bank Mutual Bank & Trust & Trust—20 60 United Bank & Trust 100 155 Tower Grove 165 San Francisco 10 28 26% Bank of Amer N T Sc S A—6.23 Recent 2 10 51% 12 % 39% 10 10 10 10 Commonwealth Edison 3%s_1983 Ask Florida Power Central Illinois Power 104% 105 1984 102 1983 3%s Illinois 105% 104% 1983 3%s 105 1984 Edison 3%s RR 3%S 105% 41%' 44% 48 35% 47% 104% pfd 50 pfd_100 51% 107% 108% 102% 103 y3 Stocks— El Paso Nat Gas 5.65% 69 U S Fire 43 45 27% 29% 935 % 71 % 51% Kansas 103% 105 104 City Power & Light— 4.20% preferred 100 Narragansett Elec 4.64% pfd_50 105% Tenn Gas Transmission— Northern 103"% 104% Treasury 2%s due Nov. 15, 1961 Lt & 3%s 5.85% Illinois Gas 3%S-1979 Ohio Edison 3%s 1984 102% 1959 103% 104 1983 101 % 102 Finance 4s Public Serv Co of 103% Ind— 3%s 1984 104% 105% 100 preferred FOOTNOTES FOR b Bid yield price. k admitted to listing on the New York Stock Exchange. 53 54 104 105 102% 103% Although not yet admitted to trading, quotations can be found in our'N. Y. Stock Exchange Gov't Bond tab¬ ulation Worcester •No par value, 915 JH 104% 104 104% Power 49% 100 Ask 104 .1973 1983 Iowa 51% Fidelity & Guaranty Co—2 Westchester Fire 35% .1973 4s 4.44% County Elec— preferred 100 37% 49% Bid Bonds—(Cont.) Tenn. Gas Trans 5s. Long Island Lighting 3%s__1983 Monogahela Power 3%s 1983 Phila Elec 3y«s U S 3 33% Security Issues Bid Bonds— Pacific 10 ' 10 .828 25% 10 48% (San Fran)—10 of Newark 5 Peerless Firemen's .783 53% 64% 9% 12.50 Northern 52% , .807 99.773 Duquesne Lt Co 4.20% 4 Federal 99.792 First National Bank 1Q 48 5 Hampshire Fire 23% 84% 44 2 10 Casualty New 82% 5 Fire 37 10 r Irving Trust Kings County Trust Co— Hanover Consol 11 60 80 —10 26 20 20 51% 24% lo Co 99.810 1954 130 24 Square N Y Trust Co (The) Bank 32 % 48 % 25 Casualty 1954 6, 39% Automobile Crum & Forster Inc .845 29, 228 218 28% American (Newark N J)—2% Re-insurance 5 Continental 99.828 Apr. 93% 25% Connecticut General Life 125 10 42 % 91% 31 % 5 74 100 KJnlted States Trust —5 Fire 64% 71 10 City of N Y Guaranty Trade Companies 26 Camden Apr. 22, 1954 May First National Bank Rye National Bank Insurance Co of North Amer —10 102% 5 62% 16 Y)_ Trust Federation Public Nat'l Bank 2.80 60 Vi .861 Union Bank of Empire New Bid 10 Amer Ins Co 4% 10 Plains Morgan (J P) & Co Inc 34% pfd .880 99.847 Cleveland Trust Co of Freeport Trusts- 24 Vi conv 47 3% (ex-distribution) Diversified Trustee Shares— 32 $1.25 47% 44% Tr__25 Industrial Bank of Commerce-10 Wall Casualty_5 Assur 46 10 & Trust State Franklin National Bank— Value Line Fund Inc Casualty common. —1 -10 $2.10 prior preferred 5 Massachusetts Bonding & Asa 99.865 . Continental Bank & Trust Stock 4 Automobile 391 10 1 Common Par lo Agricultural Insurance Co 379 Bankers Trust Selected Amer Shares 2'/a Shareholders Trust of Boston—1 146 % 8, 1954 15, 1954 Ask York- New Chase National Bank. 29.34 Scudder, Stevens & Clark— Ask 142 10 1.40% .899 Apr. Bterling National Par 1.40% Bid 99.993 Bank of New York & Clark (net asset value)—* Series Insurance 1.40% bl.60 Dollar Value 1954 Bank Unit 1.37 1.24 bl.60 1-54 Treasury Bills 18, 36.95 1 15.74 89c lc Investors Management Fund Trust of 14.38 Fund—lc Fund bl.60 1-54 Ask Feb. Growth Stock Wisconsin Ltd— Institutional Investment 1.98 10.89 1 Institutional Bid 20.52 36.21 1-54 11- DolIar^Value 15.69 18.88 9- 10- 1-54 1.30% 32 1 bl.55 26% 5^ —5 28.02 12.08 1 Ask 2-54 4-54 Mar. 3.10 4.27 lo Bid 8- 1-53 Mar. 2.83 Canada Inc Stevens 1.90% United States 7.52 8.40 4.90 4.64 Fund inc Due 10.40 6.88 7.69 9.25 6.42 8.67 7.87 99 13.47 12.58 Inc (Geo) 12- 3-54 1-54 2.50 Fund (T Rowe) 12- 2.15% 8- 6- 4.23 preferred & Trading Fund 2.25% 1.20% 3-53 1-53 lc Street 1.10% 8- 7- X8.44 X5.85 4.70 Industry bl.40 Dated 2-53 County Trust Co X7.91 99.16 98.24 1958 11- 10- 11.51 Petroleum Fund 100.2 99.8 1958 1, 2.35% 2.70% Corn Exchange Bank & Trust-20 X7.18 Guardian Mutual Fund Inc 1-54 4- 1.00% 67.00 X4.28 Growth 1-53 Rate bl.40 17.14 1 - Fund England Fund Scudder, 1, 1%S Oct. Ask 1-54' 3- 23.63 lo Growth 1-53 9- 63.50 lc shares Bid Due Dated 15.96 Inc—lc Series Resources Putnam April 100.8 99.26 1957 1, 103.24 100 100.13 2.75% 1 Fund Inc $1.50 103.20 1957 April 1, 1957 1 %s 100.26 15, Federal Intermediate Credit Bank Debentures 23.39 lo Utility l%s 100.23 1955 * shares Tobacco shares 15, 1 Equipment shares t 100.17 100.11 1954 Stein Roe & Farnham Fund 7.98 stock 2%s March 100 1954 15, 15, State Street Investment Corp 3.10 shares Dec. 7.35 X7.18 Railroad l%s March 7.98 x2.81 Bteel 100.12 101.7 1, 1956 1%S Oct. X6.70 lc f 100.4 Treasury Notes— X7.28 lc shares Bond 100.12 l%s Oct. 11.43 1 Stock Sovereign Petroleum shares Railroad 100.26 100.4 1C1.2 101.5 15, 1955 l%s Dec. 15, 1955 iy2s April 1, 1956 100.24 100.21 100.15 1%s l%s March Ask Bid Notes—(Cont.) 100.8 1 Series Resources 8.58 shares 113 101 10.52 1 Stock Series 9.50 9.99 9.74 Company Priced Low 112 1961 _ 100.19 1 Series Preferred x7.83 shares.lc lc Merchandising shares lc Mining shares lc> Investing 102.12 100.4 1954 1954 1, 2.90% National Security Series— Balanced Series x8.67 X9.12 x9.35 shares__lc Bond Institutional June I Fund Investors Corp lc shares bond 99.6 102.2 1958 Maturity— Treasury Indebtedness— 2%s Aug. 15, 1954 2%s Sept. 15, 1954 Feb. Ask Bid of 2%s March 22, 2%s 3.00% Balanced Price 101.12 100.14 I Interest Nation Wide Securities— shares—lc Fully administered General Industrial Machinery shares.lo 100.10 — Maturity- Hate Shares beneficial Bond wi 1955 5.83 X9.07 X8.82 Food 1, Certificates Corp— 5.33 X9.91 Equip shares 2%s May 1, 12.83 Fund 1 X7.02 xlO.93 shares 100.15 101.6 98.30 U. S. Certificates of Indebtedness & Notes 8.59 —1 Invest Shares Stock Series lc Common (The) Stock Fund.lc Chemical 100.11 3.81 lc Building shares— l%s Oct. 16.29 1 Mutual Pine 1957-55 100.13 Fund— 3.49 22.29 68.63 6.18 1, 100.9 - 32.03 . Life Mutual Fund of Boston Inc New 1956 19.89 beneficial interest—* Massachusetts 1 5.69 lo shares Aviation 22.38 Speculative Series 7.38 7.34 22.29 2.50 1955 1, 100.13 101 101.4 1, May 100.24 100.9 1955-54 1, 2%s Feb. Panama Canal 3s l%s 1 2.85 39'A 9.42 20.62 63.83 —lo Feb. investors Growth Stock Pioneer shares Automobile 8.70 20.70 Investors Trust— beneficial 19.83 Securities— Group Feb 100.20 Figures after decimal point represent one or more 32nds of a point Automobile shares Pacific Amer Investors com—10c Gai Industries Fund Inc 2 Vis Funds— Income 6.73 6.70 20.34 2.30 lo 2 1 Ask Bonds— 2%s 2%s June 1, 1954 8%a June 1. 1954 Loomis Sayles Mutual Fund— Natural lo Common stock series Futures Stocks) Com 2.59 37'A 8.67 First Boston Corp 2%s 100.7 Central Bank 37.73 S-4 Of 100.10 100.5 Eank 1, 1954 10.71 37.78 Nov. 6.32 9.80 2V2s 7.13 25c 100.6 100.8 1954 15, 17, 1954 for Cooperatives— point 9.28 Stks)_l 2%s April 2.10s May a Bid Land 100.4 1954 10.01 (Speculative Com Stk)__l (Income S-3 Com 18.34 Industrial Fund Inc.l Financial 18.91 12.15 National Stock 11.81 17.33 Stk)_l Mutual Stock Fund Balanced 10.82 Stks)_l 8-2 Net 5.59 Diversified Growth Baton 1 Mutual Fund Diversified Funds Inc— Diversified 19.86 (Speculative Pfd Units Fund Inc— value asset Delaware 10.64 1 value asset 26.99 Stocks)—1 (High-Grade Fund Vegh Income Fund Inc— Net 27.91 18.21 Bonds) Pfd S-l Mass De Vegh Mutual 26.74 24.74 1 Non-Ferrous Trust —-1 17.48 18.90 Chemical Fund 1 20.59 22-26 Christiana Securities com—10o 7,420 7,600 Shares Century 1 15 Federal Banks— Loan Home March 2.75s 32nds of more er Ask Bid 31.71 Petroleum Inc Fund Canadian Inc 31.09 Bonds)_l Bonds) Knickerbocker Fund Bowling Green Fund Inc— Net (Discount (Income K-2 Figures after decimal point represent one Federal Bonds) Priced B-4 87/s 2% 10.41 10c America of Tr Ask Keystone Custodian Funds— 8Va 2 9.58 1 1 Ridge Mutual Fund Inc—1 Corp Holdings Bid 1 K-l Beneficial Corp Par Mutual OVER-THE-COUNTER ISSUES t New X stock. Ex-dividend, wi When y issued, Ex-rights. Volume 179 Number 5299 . . THE Bank clearings this week show With a year the foregoing We based upon telegraphic advices from the chief cities of the country, indicate that for the week ended OF BANK CLEARINGS Complete and exact details for the week covered by us, cannot ends Saturday, Feb. will furnish in appear them issue our today, of inasmuch Saturday and the Saturday figures next as week. the week not avail¬ are 13, clearings from all cities of the United States from which it is possible to obtain weekly clearings will be 1.8% above those for the corresponding week last able at time of going to press. Accordingly, in the above the last cases year. Our preliminary totals against $14,934,026,182 for the and this center there is 10.9%. stand Ending Feb. 13— York BY 1953. $5,857,185,867 772,281,117 853,000,000 437,185,667 531,471,051 305,000.000 336,194,734 '245,000,000 269,100,000 e Francisco '385,000,000 Baltimore cities five — — citlles' five days one __ day 243,047,123 of1 course 2nd New 9.0 3rd bank I FOR New York 1953 of IN 8,020.465,931 3.5 1,098,256,548 1,022,018,281 + 6.2 993,370,509 924,906,035 + 1.3 514,609,432 10 " 866,368,992 865,499.554 + 0.1 807,647,699 737,579,653 Chicago 17 44 1,227,945,915 1,193,572,295 + 2.9 1,079,314,532 1,019,037,54'> 4 " 615,627,268 590,252,188 + 4.3 512,559,013 Louis San + 542,225,784 461,826,19s1 7 44 456,925,187 406,090,345 + 12.5 422,511,194 387,149,552? 10 44 565,208,526 558,563,674 + 1.2 545,435,513 546,622,241 6 44 416,781,407 402,936,305 + 3.4 381,815,413 334,766.428 10 44 1,002,140,342 978,104,586 + 2.5 903,968,515 881,254,831 21,282,986.414 18,095,768,450 + 17.6 17,169,062,774 15,512,967,395 9,097,817,593 Francisco 8,772,539,586 3.7 8,220,299,746 the cities 111 1.8 New York City_ Our usual monthly the on last New York Exchange is appended. —Month of Stocks— the 1954 855 1953 33,374,561 34,086,902 37,141,073 70,180,730 & misc. $72,246,600 $73,417,200 $50,339,700 $110,524,400 135,000 68,000 115,000 18,600 13,970,000 6,911,600 7,398,700 shs._ 1952 1951 39,160 39,922 32,031 30,617 31,151 31,527 3,203 3,122 3,398 3,002 2,043 1,985 1,912 Foreign 1,962 4,612 4,966 5,048 3,987 3,839 3,950 1.424 1,402 1,579 1,209 1,177 1,257 1,685 1,666 1,247 1,299 1,246 1,117 U. S. govt 68,050 — $86,351,600 $80,396,800 a aggregate of clearings having been $87,542;510>- and the 1953 aggregate falling off of 2.6% District of 4.8%. totals 1,000 $66,971,450 $119,999,500 Govt Total bonds 1,072 1,678 in¬ of $85,832,145,703. In: the improve¬ an smaller are District by in the Philadelphia Reserve and In the Cleveland Reserve District ths- by 4.5%; in the Richmond Reserve 5.9%, and in the Atlanta Reserve District by 3,782 1.447, 1,533 an ment of 8.6% but in the Boston Reserve District there is- 1947 2,661 was clearing houses of 2.0%* New York Reserve District the totals show Bonds— Railroad 1948 of the clearings fcF 9,446,100 of Number 1951 summary a 7,777,083,134*. For that month there entire body of the for crease One Month January- today the month of January. The 1954 + We also furnish detailed statement of transactions Stock results for January in 1951 to 1954 are given below: 4,230 2,122 2,217 2,277 2,237 1,656 1,685 1,853 1,628 1,207 _ 9,251,440,140 + Dallas 2,496 Fran._ + 30.0 590,155,481 12th 3,840 Cincinnati 9,672,708,820 12,577,558,409 7.4 2,507 Baltimore $ 635,114,843 1,083,648,228 Minneapolis Kansas City 4,027 San 1951 $ G53.134,186 1,064,329,245 9th 2,432 Louis__ 1952 % 2.2 + Atlanta JANUARY 1949 Dec. $ 689,907,729 597,822.254 10th YEARS 1950 Inc. or 1953 704,805,132 1,101,305,385 Description— CITIES CLEARINGS 1,150,497,597 3.0 3,873 Pittsburgh 3.4% " ; 3.3 Boston 4,372 of 2.5%. " 6th Chicago Philadelphia District District of " 7th 1952 42,599 39,081 Reserve Reserve 7 3.2 1.6 OF BANK Internat'l Bank_ EIGHT Dallas In the Kan¬ gain of 1.2%, and in the Sana 6 9.0 655,779,797 January in each " 11 Cleveland Month of January (000,000's omitted) 1954 11 Philadelphia cltiea Richmond clearings at leading cities of the CLEARINGS FOR LEADING the Francisco $ York 4th — $15,207,310,128 $14,934,025,182 of in 12.5%. City Reserve District the totals show 1954 Districts 12 5th is shown in the subjoined statement: years BANK St. Reserve Boston Outside country for the month eight 1st 9.3 'Estimated The the Minneapolis Reserve District of sas Outside of this city there 3.7%, the bank clearings at this cen¬ Total —__ Chicago Reserve District has to its credit an increase of 2.9%, in the St. Louis Reserve District of 4.3% and in increase of SUMMARY Federal 9.4 — $14,503,007,407 $14,278,245,385 704.302,721 Total all cities for week an Week Ended February 6— —10.9 — $11,333,645,207 $10,999,347,395 3,169,362,200 3,278,898,990 days— was week in 1952. same increase of an 11th a11 cities, 450, in the 8th St. days__ five cities, the Cleveland Reserve District the totals register an improvement of 6.2%, in the Richmond Reserve District of 1.3% and in the Atlanta Reserve District of 0.1%. The In 17.6%, the aggregate of clearings for the whole country having amounted to $21,282,986,414, against $18,095,768,- 4.1 —17.7 379,075.556 235.155,919 ____ For that week there 6. + 10.9 322,854.347 '345,000,000 _ has to be estimated. statement, however, which we are able to give the final complete results for the week previous — the week ended Feb. —10.3 — 425,137,600 265 592,040 Pittsburgh Cleveland detailed having recorded an increase of 30.7%. We group the^ according to the Federal Reserve Districts in which they are located and from this it appears that in the Ne York District (including this city) the totals record expansion of 30.0%, in the Boston Reserve District of 2.2% and in the Philadelphia Reserve District of 3.5%. cities present further below we was 818.000,000 692,443,369 _____ elaborate ter 1953 $7,601,268,212 _____ Kansas City St. Louis Ten At TELEGRAPH 1954 Boston All in gain for the week ended Friday of a Chicago Philadelphia Uther week same CLEARINGS—RETURNS Week San $15,207,310,120 Our comparative summary for the week follows: i New at day of the week in all the In i (755) ' 47 COURSE increase compared an Preliminary figures compiled by ago. irt The Commercial and Financial Chronicle . 1,257 1,194 1,190 979 884 915 836 1,072 1,046 975 1,091 763 760 773 1,499 1,591 1,618 1,783 1,275 1,350 1,577 1,865 1,987 1,956 1,981 1,338 1,383 1,370 1,190 Minneapolis K-» 1,338 1,323 1,472 1,036 1,130 1,276 The 3.6%; the St. Louis Reserve District Chicago Minneapolis to 1954 is indicated in the following: District Reserve Reserve District City Reserve District there is 1,305 Cleveland,, 5.5%. share properties on the Exchange for the first months of 1951 699 Kansas City The volume of transactions in New York Stock a of 1.2% 0.6%. of a suffers In the loss and c£ the- Kansas. decrease of 3.7%; in the. 1,005 New _ CO Orl'ns 716 739 727 660 533 522 523 2,759 1,350 2,424 1,741 1,707 1,745 1,416 738 770 706 710 537 Omaha 674 688 702 745 505 Detroit ___ 509 537 491 33,374,561 34,086,902 487 584 482 Providence, 143 150 147 159 128 115 118 116 463 448 427 416 301 269 256. Buffalo 496 510 498 525 377 348 381 337 St. Paul 504 506 474 491 395 390 397 333 222 3rd 582 593 589 604 446 410 452 410 Indianapolis 302 299 285 293 247 245 241 211 Reserve District of 2.2%, and in the San Fran¬ 14 cities Philadelphia Richmond Chicago 8th St. Inc. or v 1952 Dec. % $ 2,989,615,166 3,070,371,432 44,161,237,496 40,654,594,593 ; % 3,036,347,073 3,200,721,96* 8.6 + ■ 1951 $ 2.6 — 40,640,479,209 41,492,963,411 4,643,001,386 4,878,924,746 4.8 5,237,353,801 5,329,782.4^5. 44 5,086,844,839 5,324,612,107 4.5 5,161,336,414 5,274,422,46« 8 44 2,504,374,612 4,133,277,564 2,662,225,376 5.9 2,535,329,360 2.486,073,50-i - Atlanta 7th 1953 . 17 44 —15 - Cleveland 5th 44 12 District of 6.4%. Reserve $ Boston 4th 9th Dallas cisco 70,180,730 1954 Federal Reserve Districts 6th Denver 37,141,073 Month of January— 1st 2nd New York ^Milwaukee, 1951 1952 1953 -Number of Shares- January 439 2,579 Bouisville__ 1954 Month- . 16 44 4,373,010,399 5.5 4.088,592,599 3,827,072,88!> 31 . Louis 8,034,847,931 8,332.612,024 3.6 7,659,566,670 8,130,495,&0.7 7 44 44 2,735,692,146 2,768,134,015 1.2 2,679,036,562 2.877.928.04S- 2.070,597,204 ... Richmond- 692 762 703 684 540 547 539 497 Memphis 521 541 543 559 424 444 430 16 44 2,083,942,149 0.6 2,023,298,036 2.194,283,2frt 10th Kansas 15 44 3,258,542,956 3,382,406,199 3.7 3,409,519,334 3,594,158,98* 11th Dallas 11 44 3,591,040,135 3,671,605,946 2.2 3,361,229,632 3.180,121,963) 12th San Francisco 19 44 4,333,439,420 4,629,706,717 6.4 4,539,363,730 4,536,285,01*7 84,371,452,420 86,124,299,857 377 Seattle 634 678 703 726 483 462 480 307 359 303 323 235 241 252 161 157 152 141 110 114 107 74,320 57,769 56,041 57,720 85,832,145,703 46,750,319,045 2.0 + 104 72,724 72,368 181 cities ~~87,542,510,855 44,943,143,215 1 Total 195 Hartford ,. 444 Salt Lake C. Minneapolis City 55,249 Outside New The Tot.27cities 74,879 Other cities 12,663 13,108 12,003 Total ali__ Out. N.Y.C. We 11,804 9,098 8,890 8,976 64,931 66,696 62,775 34,835 add now our 46,201 detailed 34,313 statement 35,545 87,542,510,855 January 1953 $ $ Month of JanuaryInc. or Dec. (/o Clearings Outside New York Inc. 1954 or + 44,943,143,215 46,750,319,045 — week ended Feb. 6 for four years: $ February 6 — Inc. or $ 1952 Dec. % 1953 1954 $ Inc. $ 1951 $ District—Boston- Maine—Bangor 9,905,820 Portland 10,270.210 23,232,377 2,507,395,890 11,848,840 12,564,945 Fall River__ 2,605,823 2,663.789 8,666,351 9,143,934 + 2.2 + 7.1 + 2,118,235 2.071,568 + 10.2 21,087,564 2,432,926,828 Massachuse tts—Boston 3.5 — 20,012,887 22,791,815 5,633.296 5,262,142 4.929,281 4,964,232 3.0 2,496,210,526 2,661,647,845 597,273,359 553,875,622 4.6 550,939,255 532,134,123 2,713.047 + 17.7 1,884,123 2,103,525 — 5.7 9,745,388 11,482,735 3.193,068 Holyoke 5,822.122 5,745,328 + 1.3 5,730.081 5,782,163 5,420,430 4,473,456 + 21.0 5.376,469 4,993,643 + 7.7 5,162,134 4.746,076 1,119,584 1,042,659 + 7.4 3,979,564 828,„*2 3.883.294 Lowell— 9.9 10,041,073 11,071,577 3,314,592 3 197,234 47,968,264 47,631,614 11.686,165 10,889,825 New Bedford 13,772,632 15,2P5,111 Springfield 49,994,279 — 51,133,857 Worcester 38,144,982 Waterbuiy 16,752,700 Total 3,070,371,432 144,660,353 38.218,365 8,909.394 8.368,136 + 6.5 8,271,620 7,281,664 141,160,136 44.093,393 40.426,550 + 9.1 33,855,951 2 3l.89,360 1.5 68,427,616 66,895,699 17.425,657 16,676,524 + 4.5 14,740,137 13,351,733 30,698,800 . 2.8 16.934,200 13.343,400 4.5 147,271,200 159,805,000 25,294,700 4279913,800 —41.2 27^396^800 4.3 7,393,185 7.479,188 2,198,135 1,851,367 + 18.7 1,621,803 1,488,052 -2.6 3,036,347,073 3,200,721,964 704,805,132 689,907,729 + 2.2 658,134,186 635,114,843 + 8.6 — — + 134.852,579 22,517,371 24,447,356 113,214,892 York 7,3 116,375,950 19,313,593 1.9 18,756,271 18,373,687 5,420,430 4,479.456 510.972,618 2.8 498.430,530 525.991,992 117,082,689 109,939,690 13,629,566 18.1 11,698.218 10,665,565 2,535,288 9,518,906 Jampstnwn 11,696,400 18.6 8,749,233 11,739,870 2,377,030 12,185,168,821 37.832,013 23,850,915 42,599,367,640 Rochester _ _ _ 86,982,463 __ _ _ __ Connecticut—Stamford (12 cities)— _ 92,9^6.124 2,463,069 -+ 2.9 2,283.482 1,918,815 + 23.9 1.673,478 2,022,774 9,323,228,864 + 30.7 8,948,763,023 7,735,884,231 30,458,754 + 24.2 26,554,579 25,788 017 22,494.054 + 6.0 18,812,055 17,55.3,733 20,816,803 + 44.6 5.7 9.0 39,160,152,690 39,922,901,404 5.3 122,021,898 126,432,112 + 3.4 82,977.850 89,288,492 15,789,135 +• 6.3 15,972,556 + 9.7 93,455,138 87,214.078 30,101,226 + 2.4 226,957,968 254,495,414 70,496,902 66.709,429 + 284,930.907 305,430,803 78.245',739 67,682,515 -+15.6 92,095,982 ' 308,157,790 44,161,237,496 €9,84^.616 + 255,471,058 (a) 3,883,294 6.5 + 281,142.910 Oranges — 8.8 (a) 40,654,594,593 (a) +- 8.6 40,640,479,209 . t 15.548,619 3.979,564 + 84,154,580 261,651,353 Jersey — 16,035.756 + 21.0 126,634,634 • 101,042,455 Jersey—Newark New 16,784,164 + 39,081,826,658 133,371,023 1 8yracuse Total 39,935,669 11,162,178 Northern 8,999.033 152,370,916 18,939,652 Elmira Utica 2.097,958 9,545,771 2.6 496,614,399 Buffalo New 2,002,293 7.3 Reserve District—New York— York—Albany Binghamton Few 7,865,872 2,989,615,166 (14 cities) Second Federal New 150,702.100 8,207.921 Hampshire—Manchester 3.7 + 3.1 — 17,233,600 143,893,300 Rhode Island—Providence New 1,134,790 + ' — 69,085,308 New Haven 2.3 + 157.601,975 68,026,924 — 39,351,029 161,709,972 Connecticut—Hartford — 18,354,471 i 2,103,974 238,146 16,38~8~942 52,470,501 62,776,935 53,234.972 18 55,125,263 8,850,631 41,492,953,411 9,672,708,820 12,577,553,409 I or Dec. 2.0 Week Ended 1951 $ 1953 Dec. % 85,832,145,703 1952 46,201,398,453. months since Jan. 1, 1953 and 1952: $ $ 45,211,299,730 CLEARINGS 1953 1954 showing the figures for each City for the month of January and the 1954 Reserve 31,247 3.9 — Clearings, Total All Months— Clearings at— First Federal following compilation covers the clearings by 7,526 66,867 46,750 45,211 44.943 City MONTHLY 85,832 84,371 86,124 87,542 York + 30.0 9,251,440,140 8,020,465,951 3.3- mtiMtKI&itftii&A.l&litimt'dj ■OWSMA 48 The Commercial and Financial Chronicle (756) —— 1954 Clearings at— 1953 S Week Ended Month of JanuaryInc. 1951 1953 1954 S 1952 or Dec. '/o $ ... February 61951 1952 or Dec. l/o S Monday, February 15, 1954 $ $ District—Philadelphia— Third Federal Reserve 6,520,452 Pennsylvania—Altoona 6,657,636 2.1 — 4,934,923 1,317,666 4,948,460 1,200,116 7,150,651 7,008,824 + 2.0 6,863,422 6,295,632 1,449,479 6,884,829 + 2.6 6,357,074 5,279,694 1,779,186 28,363,832 30,155,480 5.9 28,798,861 19,574,382 18,971,123 + 3.2 19.620,236 47902",521 5,021,868 + 0.6 1,693,244 7.9 1,910,230 3.5 1,377,477 1,273,470 5.8 472~31~,688 i~825M5 + 3.2 1,050,000,000 2,985,505 973,000,000 + 11.4 4~6~3~2,890 5,052,510 1,512,506 8.8 6.003,787 3,125,500 5,709.107 29,285,744 Lancaster 1,299,455 + 1,843,752 Harrlsburg 9.8 + 1,343,694 7,064,191 Bethlehem »:' Inc. . — Lebanon (b) Norristov.n 4,372,000,000 4,612,000,000 Reading—. 14,390,434 14,960,748 Bcranlon 26,342,989 28,997,482 Wllkes-Barre 15,681,644 12,742,125 York 32,525,504 27,402,561 1,051,367 1,124,427 6.946,736 Delaware—Wilmington 5,266,560 57,213.256 57,125,488 New 44,803,614 42,925,419 4,643,001,386 4,878,924,746 Philadelphia Du Bois Hazelton— _ Jersey—Trenton—_ Total (16 cities).. 5,298,053 <bj 17,094,100 + — 4,728,735 7,761,925 7.611,915 4,966,000,0001 5,048,000,000 1,044,000,000 1,012,000,000 3.8 15,120,892 16,647,158 3,394,248 3,046,000 9.2 28,890,169 31,300,202 5,881,188 6.442,516 + 23.1 13,928,895 12,999,370 *3,500,000 3,028,621 + 15.6 3,223,972 3,901,541 18.7 27,406,360 26,774,114 7,300,298 6,073,451 + 20.2 5,449,323 4,492,146 6.5 973,993 918,179 11,463,244 — — — + — 5.2 — —24.2 6,919,810 + 0.2 55,896,416 67,495,361 14,394,464 13,673,818 + 5.3 13,447,330 + 4.4 42,582,772 42,594.462 13,386,344 11,037,387 + 21.3 8,327,781 11,022,078 4.8 5,237,353,801 5,329,782,495 1,101,305,385 1,064,329,245 + 3.5 1,098,256,548 1,022,018,281 — 17,809,369 i; . Fenrth Federal Reserve District—Cleveland Ohio—Canton 35,719,166 37,932,709 Cincinnati 1,072,393,817 Cleveland 1,865,392,851 Columbus 191,998,800 1,046,135,296 1,987,636,137 181,654,300 Hamilton 9,946,139 9,610,640 Lorain 5,310,703 5,850,064 Mansfield Pennsylvania—Beaver1 Greensburg Pittsburgh 8,434,280 230,809,884 + 5.5 207,396,228' 200,127,110 433,964,903 407,414.975 + 6.5 349,555,020 335,191,450 172,558,600 52,109,900 42,288,500 + 23.2 36,819,200 33,790,330 + 5.7 + 3.5 9,064,410 5,911,487 5,382,791 31,780,728 + 24.3 + 31,896,602 131,128,613 3,787,546 26,808,309 8,742,046 6,622,759 5.828,721 5,160,163 42,331,747 39,541,441 10,270,883 10,298,864 9,013,184 8,898,599 23,529,659 22,587,683 1.7 3,707,609 26,025,585 0.9 5.4 - 111,099,308 3,841,532 103,802,417 3,161,836 392,085,915 377,778,966 377,509,935 332,431,533 993,370,589 924,906,085 2.2 2,452,535 2,526,116 2.9 2,499,879 2,281,913 1,533,298,123 1,678,798,901 8.7 1,685,122,704 28,534,577 29,837,901 4.4 27,134,564 1,666,082,321 29,421,264 23,890,777 23,543,669 1.5 50,989,363 56,990,299 10.5 23,343,362 45,387,055 40,745,181 20,223,787 22,277,093 9.2 20,083,988 20,131,056 5,324,612,107 4.5 5,161,336,414 5,274,422,466 18,615,084 -17.8 15,930,603 12,773,895 3,721,513 3,774,746 9.9 74,258,000 63.279,000 16,441,000 18,834,000 _ _ Kentucky—Lexington West Virginia—Wheeling (17 cities) 7,248,301 8,983,568 9.2 —- 128,884,597 Erie Total 9,729,597 243,593,353 1,981,469,092 43,305,430 County 8,599,925 39,395,087 1,091,605,899 30,816,662 jL Toledo + 15.4 31,540,095 975,498.605 1,956,019,934 172,902,500 39,517,398 _ City + 43,687,998 — Youngstown Newark Oil 5.8 2.5 6.2 — — 5,086,844,839, 20,464,008 1,150,497,597/ 1,083,648,228 6.2 + Vlftk Federal Reserve District—Richmond— West Virginia—Huntington Virginia—Norfolk 15,295,480 71,721,000 South - 459,009,696 2,504,374,612 cities)—! - 53,091,676 435,202,797 Frederick - 1,257,174,577 2,662,225,376 District of Columbia—Washington (8 25,934,443 52,707,414 1,207,117,711 4,658,512 _ Maryland—Baltimore Total 762,999,260 25,558,051 Carolina—Charleston Columbia 79,593,000 692,113,647 Richmond - - 5,807,640 1.4 3,011,478 3,305,802 12.7 16,71B.000 167,522,242 + 0.9 139,363,985 14,302.000 : ' 9.3 703,761,055 1.5 22,406,145 169,091,054 684,521,913 128,534,831 5,490,738 + 3.8 4,890,505 4,646,371 49,722,119 20,357,762 38,319,094 5,701,249 0.7 4 0 1,194,954,155 1,190,350,884 296,905/304 287,127,781 -f 3.4 256,483,894 295,120,378 -19.8 5,870,542 5,148,046 5.2 468,426,741 471,322,912 105,962,134 107,405,974 2,535,329,360 2,486,073,506 597,822,254 590,155,481 - - 5.9 1.3 + 93,846.246 96,610.726 1.3 — 514,609,432 542,225,784 Sixth Federal Reserve District—AtlantaTennessee—Knoxville 134,673,258 . Nashville 127,161,519 416,815,552 427,156,366 1,288,600,000 1,378,300,000 31,855,962 Columbus 21,221,772 21,498,016 Macon 19,207,853 19,404,931 728,781,098 713,487,925 52,957,967 52,832,280 Georgia—Atlanta Augusta Florida—Jacksonville Tampa Alabama—Birmingham 23,512,398 + 5.9 23,633,096 19,715,297 107,925,014 107,266,504 23,082,019 2.4 402,668,594 90,010,648 80.283,289 73,918,745 1,388,900,000 385.617.972 1,314,700,000 83,397,898 6.5 287,800,000 283,200,000 276,900,000 275,700,000 —33.4 33,621,673 25.562,951 5,279,205 6,818,603 7,168,679 5,500.239 8.6 26,551,853 23,131,419 1.0 22,277,609 18,401,559 47315,849 47372,423 5,102.655 3795T744 + 2.1 153,623,578 142,905,164 127,57^,675 113,832,941 0.2 597,713,392 41,495,808 559.197.973 + 599,068,014 36,661,538 549,921,943 1247916,226 151,676,357 1387m. 288 108.To~77754 36,626,966 8,837,475 8,428,895 8,239,500 6,433,995 21,833,914 4.3 20,260,273 22,203,000 48,314,090 — — — — 21,325,707 45,02(1157 598,758,615 707,625,695 Mobile 39,222,160 39,886,034 Montgomery 20,173,471 20,375,234 21,367,000 22,334,000 44,199,924 59,617,860 —25.9 51,750,194 6,872,431 7,667,180 —10.4 7,480,504 2,446,807 2,727,249 —10.3. 2,647,441 2,318,772 703,247 663,557 684,194 563,000 716,481,640 739,065,766 3.1 727,367,632 660,361,199 174,413,495 156,097,199 143,841,122 125,778,129 5.5 4,088,592,599 3,827,072,889 866,368,992 865,499,554 + 11.6 7,957,934 2,864,356 2,723,835 Mississippi—Hattiesburg Jackson— + Meridian : Vlcksburg — Louisiana—New A . Orleans Total (16 cities) 4,133,277,564 _ —15.4 — — — — — 4,373,0y),399 1.7 1.0 21,451,000 7,346,470 + 0.1 807,647,699 737,579,653 + 5.2 1,972,926 1,911,062 11,245,462 11,234.389 Seventh Federal Reserve District—Chicago- Michigan—Ann Arbor 10,071,498 9,023,289 2,579,049,357 2,759,779,224 32,396,593 30,663,830 + Grand Rapids Jackson 65,640,105 14,343,733 60,771,641 13,055,452 Lansing Muskegon__. Bay City 43,707,245 34,209,543 Detroit Flint ' 18,698,912 Oshkosh 27,454,035 463,572,980 5,950,141 448,302,219 10,557,454 « 15,201,719 29,697,196 Milwaukee j 299,032,428 14,198,126 Bouth Bend— Terre Haute Wisconsin—Madison 80,393,137 302,015,376 35,916,807 Indianapolis 11,369,779 36,942,047 76,617,649 Gary_„ / 10,422,059 Sheboygan Watertown. , 6,557,783 1,873,051 3,001,101 3,088,834 22,005,092 Des Moines 21,808,607 159,102,854 158,583,110 City. 67,119,472 : Ames •' 40,437,437 '1,483,353 — Manitowoc Iowa—Cedar Rapids Bioux 19,018,930 11,693,088 34,843,725 Indiana—Fort Wayne 3,380,511 _ Illinois—Aurora 9,553,015 Bloomington Chicago 66,124,671 2,959,685 3,878,551,711 9,223,210 6,390,008 4,027,155,204 .7,338,697 — _ Decatur 6.5 2,350,563,321 7,304,188 2,424,431,310 5.7 23,980,753 25,715,580 + 8.0 53,338,408 57,556,809 + 9.9 9,864,511. 9,762,226 + 27.8 27,973,721 28,820,647 — — 1.7 13,263,824 8,516,743 13,771,733 8,137,944 + 87051,616 10,992,480 757041,000 69,629,000 !00 + 8,244,544 1.3 6,678,694 9,590,397 5.7 34,216,382 30,916,829 4.7 69,142,448 63,808,918 1.0 285,781,859 293,186,268 —11.2 — + —26.8 6,914,531 5,676,805 7.8 efoffEooo 58*16000 + 5.6 9,051,456 8,370 896 + 10.8 3,287,297 3,189,374 6.0 93/77~0,520 77/98(3065 40,909,074 40,728,890 8,096,762 8,574.028 6.6 13,916,043 3,206,488 8.2 26,217.009 15,474,198 23,481,501 3,551,477 + + 3.4 427,432,694 416,928,093 1137243,066 106,345,405 + 9.3 6,270,150 5,870,465 1.3 9,718,924 9,921,137 + — — + —20.8 1,510,356 2.8 — 1,531,458 3,429,383 0.9 3,611,991 21,058,838 17,051,038 4,906,879 4,716,332 4.0 4,627,231 4,840,633 .— 0.3 163,991,055 164,087,271 40,742,827 40,003,178 + 1.8 39,694,267 38,500.593 + 1.5 73,683,746 80,543,999 15,692,689 13,638,608 + 15.1 16,949,681 16,889,1£(F + 14.2 2,528,765 2,785,684 — + + 3.6 7,626,432 7,297,291 1,424,362 3,840,146,241 7,682,148 4,230,242,197 1,632,052 3.7 898.625,891 878,194,558 + 25.1 18,129,652 21,580,474 5,739,187 4,080,227 13,719,508 14,098,833 » 7,657,578 + 14.8 — 22,210,151 17,747,917 54,374,503 53,314,031 2.0 Rockford 59,479,714 33,969,862 38,314,800 —11.3 29,684,680 Springfield Sterling „ 147980,925 14,960,947 2.8 + — Peoria— 71 i 22,045,722 20,016,059 + 10.1 19,263,953 65,379,208 29,754,016 17,917,913 2,261,646 2,858,541 —20.9 2,490,158 8,332,612,024 3.6 7,659,566,670 1,253,248 794,021,002 758.475 005 3,897,156 3,603,197 2.7 —18.3 2,395,036 8,034,847^931 1,458,182 2.3 + 40.7 + 14.6 -+ + 7,499,167 9.174.558 14,188,023 6,904,207 12,056,635 6,170/49 5,313,969 4,360,726 + 21.9 4,266,897 3,996.936 8,130,495,806 1,227,945,915 1,193,572,295 + 2.9 1,079,314,532 1,019,037,549 1,579,128,957 14,658,182 332,800,000 320,700,000 + 3.8 286,800,000 265,200,000 710,092,680) 169,839,600 154,553,733 +"9.0 122,891,985 106,482,487 559,681,572 110,582,-717 11-2,374,102 1.6 100,489,456 88,023,572 2+04,951 2,624,353 8.4 2~377,572 ajaoilio 615,627,268 590,252(188 4.3 512,559,013 461,826,199 — ' Total (31) cities — Eighth Federal Reserve District—St. Louis— MiflSOUri-^-St. LoulS— 1,447,188,173 14,473,101 1,424,880,588 16,095,885 2,437,256 Cape Girardeau Independence i Kentucky—Louisville—_— 2,397,524 738,178,398 770,730,108 Tennessee—Memphis 521,426,193 Illinois—Jacksonville - . 2^625,497 9,363,528 541,520,068 2,056,376 10,453,466 2,735,692,146 2,768,134,015 Qulncy ' Total (7 cities) — Ninth Federal Reserve •;>/ 28,061,097 1.34L510.731 ... Rochester 1.2 2,679,036,562 2,877,928,046 3.7 — 2,416,057 — — + - 30,745,732 1,338,684,494 8.7 29,205,571 30 ,235,416 6,773,-328 7,596,381 —10.8 6,290,776 0.2 1,323,961,766 1,472 ,061,598 307,192,681 270,657,742 +-13.5 286,395,526 + 27.9 7,328,315 7, ,046,186 491 ,130,410 1157477,092 100,135,739 + 15.3 1037982,868 92,587,725 7,663,506 7,329,404 7,813,262 6,611,417 57220/993 3,235,004 3,620,685 3,010,083 — + 3,859,524 1,295,176 36,583,645 —11.9 5,194,000 —12.1 5,242,217 16.236.205 31,070,360 3,579,930 — Montana—Billings 506,003,776 3,741,229 5 072 995 _ South Dakota—Aberdeen Sioux Falls Huron. - 9,240,602 4.2 — 4,567,000 Dakota—Fargo Minot . —10.4 2,154,113 9,796,485 — 32 245 717 1 wft Grand Forks <r -r + 27.7 2,161,143 706,075,181 543,472,078 2,090,857 1,219,869 Winona ' 'North 13,567,280 + 9,321,236 504,678,427 St. Paul • 1,402,429,421 1.7 + District—Minneapolis— Minnesota—Duluth Minneapolis t 1.6 —10.1 „ Lewistown Total (16 Cities) . 18,338,797 29,329,995 3,654,601 21 257 459 21,261,546 49,011,169 57,361,517 1,579,831 1,748,693 2,070,597,204 2,083,942,149 Great Falls Helena- 7,287,567 17,350,869 — — — — 0.3 474,776,695 3.1 3,583,488 4 5.8 1,305,513 35,094,515 5,323,160 264,810,561 / 1 4,956,000 6,131,595 3.2 ,067,309 ,220,808 35, ,371,095 4 ,744,000 5 ,533,785 —11.5 16,944,730 17 ,115,187 5.9 31,303,174 31, 823,719 2.1 3,764,421 + — - 4 ,253,002 18 ,487,869 -rr 0.1 + 0.5 15,556;928 48,583,418 52, 741,865 9.7 1,540,535 1 ,799,816 0.6 2,023,298,036 5^048",480. 16, 651,217 —14.6 2,194,283,282 — — . 19,261,372 f 4,359,108 ^97X249' „ ■ f* . 3,~8Tp57 —— 117549,098 456,925,187 a a 12,776,967 406,090,345 > ).D * —I—1_ 1M33.828 . + 12.5 ' 422,511/19^; -7 (•/ • t 1 * ■ i 10,932,75? -»-.n' 1 '387,149,552 - Volume 179 Number 5299 . . The Commercial and Financial Chronicle . (757) -Month of Clearings at— 1954 1953 $ Tenth Federal Reserve January Week Ended 1952 1951 1954 $ or $ 5 Dec. % 1S53 February 6- Inc. or Dec. $ % 1952 1951 $ District—Kansas City— Nebraska—Fremont 4,233,715 Omaha Kansas—Manhattan 4,277,792 40.034,107 Sncot:::z:~:::ri:~ 4+23+488 688,930,788 674,051,580 2,815,880 , Parsons.,; Wichita — — 97,034,915 4,426,006 — 4,407,481 1,499,061,967 City St. Joseph Carthage Oklahoma—Tulsa — 2,615,665 : Kansas 1,591,867,935 55,707,817 — + — 55,593,169 3,193,105 4,214,237 593,547,087 13,342,184 Total (15 cities)— 15,800,756 582,134,116 Pueblo 14,122,167 3,258,542,956 3,090,654 1,105,354 1,057,787 959,806 767,990 38,370~638 735,009 38,528,227 654,966 668,048 2.2 11,439,666 702,111,625 9,093,574 745,062,967 8,550,990 154,811,266 7,883,181 142,008,399 152,109,838 147,171,146 8.8 3,184,726 2,906,340 0.5 2,581,976 1,687,335 0.4 41,871,382 2.9 87,422,600 42,215,159 73,524,446 0.4 7,348,266 5.8 7,810,075 1,618,333,571 65,423,668 0.2 + 226,875,179 15,046,963 Denver 4,106,446 5.1 + — — — 3,382,406,199 — 10,346,965 8,328,883 12,389,457 23,078,634 9,584,593 25,818,961 20,689,111 17,776,136 1,783,981,390 344,33+433 33+035,445 12,155,828 353,666,604 11,234,192 343,094,932 13,085,297 13,542,404 3,795,999 3,530,633 3,620,980 57+41,255 3,089,632 27339,623 3717+374 565,208,526 558,563,674 545,435,513 546,622,241 1.9 589,860,765 5.5 13,207,107 3,409,519,334 1 73,028,854 4,052,492 185,441,973 14,482,265 604,196,800 14,307,598 3,594,158,986 + 32.0 227,903,292 Colorado—Colorado Springs 1.0 699,126 — 38,819,531 94,209,548 Missouri—Joplin — — 3,089,141 2,601,635 38,659,909 Topeka . Inc. $ 49 2,436,257 0.5 218,043,234 4.8 15,059,484 3.7 a - . . » , r 2,962,437 Eleventh Federal Reserve District—Dallas- Texas—AustinBeaumont— 37,064,811 Dallas " £1 Paso Ft. ( 40,240,664 22,329,863 1,669,750,086 * 25,765,741 1,672,146,371 Worth 174,245,148 194,203,811 144,908,418 : 30,222,000 1,466,546,820 1,414,277.003 Port Arthur 7,616,372 Wichita Falls Texaikana Total (11 cities) 3.6 9,134,330 8,291,268 35+186,193 340^469,450 9,123,736 8,640,720 320~552,567 ' 275739+096 'U+ ~ 142,015,471 29,01+057 29,69+000 1,201,316,279 7,222,267 30~12+963 30^88^8 7,130,000 5,720,000 +299,0+0 +768,099 • 3+018,466, —14.5 8,084,846 0.3 28,640,304 -—20.9 6,442,132 24,566,073 6,328,600 5,560,215 6,746,054 5,697,128 5,528,335 5+077,177 5+917,840 l+66~8~345 ++2~2~6~496 10,10+777 9,64+035 3,36+229,632 3,180,12+969 416,781,407 402,936,305 38+815,413 334,766,426 5.2 15+098,265 135,79+581 + 13.7 3,642,089 3,983,461 8.3 142,549,744 137.,8X7,203 8.3 57771+615 55787+187 17773+680 53,300,376 3,591,040,135 39,524,855 20,990,090 1,502,940,244 154,389,385 21,911,402 1,557,563,928 ;168.965,138, 140.05*955, A 29,487,000 1,312,387,227 l.T 8,373,595' 57,395,929 36,31+601 . ff.r 27,203,841 ,, 6,624,859 Louisiana—Shreveport + — 8,907,958 27,123,641 7.9 0.1 —10.3 144,694,769 29,704,000 Galveston Houston — —13.3 — 7.7 3,671,605,946 2.2 — Twelfth Federal Reserve District—San Francisco— Wirshtngtntr—Bettingrhranr--.— Seattle— 6,432,839 ; Idaho—Boise Portland— 1 Lake City Salt 16,69+162 13+752,725 California—Bakersfield ... Berkeley Long Beaoh Modesto— 4,117,553 3+399,751 35,150,139. 10,328,000 150,96+097 —12.7 695,165,136 138,377,644 14,822,741 303,238,505 1+975,614 323,412,936 +14.3 46,570,079 32,939,614 698,76+816 8.2 —14.4 7o7l07,861 — Francisco San Jose 647720,136 102,917,940 95,637,717 33,860,318 32,569,8^2 3.5 33,890,530 34,593,482 82,242,985 21,564,705 2+037,790 187553,278 +~8.0 167203",413 1+2~2~3~,681 15796+925 —10.9 12719+025 1.4714+006 5507010,461 5297817,825 3.8 4927102,224 48+98+562 + 12.2 12,893,129 + 1.9 74,328,298 24,400,629 — 7.0 23,857,088 72,527,678 —13.9 53,710,668 14,509,637 2,217,991,020 — 3.3 13,925,228 — 4.3 2,277,545,556 61,210,749 12,285,915 2,237,611,132 68,309,025 Stockton (19 cities) Grand Total 75,195,679 — 9.2 66,180,083 61,947,023 25,788,579 — 6.5 23,656,246 38,966,910 - Santa Barbara —12.5 17,563,644 5,32+741 15,647,599 5,809,988 1+495,125 4,414,322 45,468,069 23,826,499 43,596,157 8.4 44,520,613 10,025,154 9,271,854 + 8.1 9,546,693 6.4 4,539,363,730 +536,285,037 1,002,140,342 978,104,586 + 2.5 903,968,515 +17.6 13,169,062,774 3.7 8,220,299,746 +333.439,420 (181 cities) 4,629,706,717 87,542,510,855 (a) Clearings operation — 85,832,145,703 44,943,143,215 Outside New York 46,750,319,045 discontinued Dec. 21, 1951. (b) Now ' included 2.0 84,37+452,420 86,124,299,857 2+282,986,414 18,095,768,450 45,21+299,730 46,201,398,453 9,097,817,593 8,772,539,586 in Pursuant to the requirement of Section 522 of the Tariff Act of New RATES CERTIFIED BY FEDERAL FEBRUARY 5, RESERVE 1954 TO FEBRUARY Noon BANK TO TREASURY transfers the on UNDER TARIFF Preferential ACT OF .133333* .133333* .0719820* .0719820* 2.240537 .0719820* 2.241035 .0200406 .0200468 .0200406 .0428082*t .0428082*! .0428082«t .0352609*! .0352609*t .0352609*! .0352609*! .326450 .326450 .326450 .0385802* .0385802* 1.035000 1.035156 .210400 .210450 .00435401* .00285625 .210400 .00285625 .00285625 Sweden, krona Switzerland, franc Union of South Africa, — — _ .210400 .210466 2.812500 .116177 .116211 .116211 .264075 .264100 .264100 .264100, 2..784034 2.784034 2.784653 dec. (—) since. .116211 .264050 2.784034 2.785891 Feb. Assets— 77-7777777.77 Loans and pound .140080* .140080* .140080* .496766* .496766* Loans—gross .0349000 .0349000 .0349000 .0349000 Commercial, .193330* .193330" '.233162 -l9333?" Loans Kingdom, pound sterling Uruguay, peso * .193330* .193330* .233125 2.801369 2.801369 2.801992 2.811875 2.811875 2.812500 2.811875 ** ** ** Other 2.813*50 upon type of merchandise. The condition statement of weekly reporting member banks of the Federal Reserve System in leading cities shows the followm? principal changes for the week ended Feb. 3: An increase of $597 million in loans to brokers and dealers for purchasing or carrying securi¬ ties, decreases of $531 million in holdings of Treasury bills, $278 million in balances with domestic banks, and $527 million in demand deposits adjusted, and increases of $434 million in United industrial, States and Government deposits agricultural loans' in¬ in all but the Philadelphia District and a total $136 million at all reporting member banks. It is es¬ timated that the ration new certificates of in or in commercial, industrial, loans. Changes according to industry press release. than the total and agricultural appear in another I — t + + 32 + + 16 6 + 365 Federal + 3 + 555 298 531 + +104 — 2,517 — 4,764 — 178 + 213 198 164 6,756 18,952 Reserve Banks banks + + 14,598 f domestic 176 +16 — 32,989 . 594 597 • — 7,708 ' 314* ) 541 + 912 — 2,421 — 55,588 — 73 947 k . + + — 2,268 803 1,020 + 235 — 548 67 + 10 278 + 114 + 999 1,756 Liabilities— Demand Time U. S. deposits adjusted deposits except Goverment Government Interbank demand Domestic Holdings of Treasury bills decreased $296 million in 136 7,924 vault with + 6,486 banks with 22,638 826 securities Reserves Cash 1,363 1,392 2,180 loans bonds—; Balances 2,7+3 + + carrying — Government securities—total-- 3. + 724 720 pur- loans Other Commodity Credit Corpo¬ interest purchased by weekly re¬ more for securities purchasing issue of porting member banks accounted for increase estate to S. U. creased of for dealers Treasury bills Treasury certificates of indebtedness Treasury notes and $442 million in borrowings. Commercial, and carrying or loans Other U. Condition Statement of Member Banks brokers Loans _______ 590. + + industrial, and agriculaural securities ••Temporarily omitted. + 39,963 — to chasing 2.803237 / ** Feb. 4, 1953" 1954 40,595 . loans Real tApplication depends 8+66Q Loans—net .496766* 2.801369 United "Nominal, investments—total .140080* .233125 Jan. 2+ (In millions of dollars) .233187 , 3, 1954 .496766* * mem¬ Inc. (, + ) or 2.813750 .140080* reporting ber banks follows: .210o66 2.811875 .496766* _ other districts. Tim© Demand deposits cred>- Borrowings increased $206 million in New York City $124 million in Chicago. .0349000 — the .00285625 .210400 2.811875 . - of seven .00435401* .116177 Netherlands, guilder New Zealand, pound Norway, krone ; Philippine Islands, peso Portugal, escudo in and .210550 .00435401* .00285625 peso increased ited to domestic banks decreased $147 million. +035683 .210400 .00435401* 2.811875 — amounts A summary of assets and liabilities of 1.033671 .00435401* (Metropolitan), franc India, Dominion of, rupee Ireland, pound securities .326500 .0385802* -210400 France Holdings of United. States ''other" deposits adjusted decreased $121 million in District, $106 million in the Chicago $83 million in the Dallas District, and by smaller .0200500 .0428082*t 1.033125 7 of deposits increased $63 million. .326450 - Markka'777777777 and Demand District, 2.242031 .0385802* .0352609*t 77 dollar dollar rupee ' .200000* ,0428082't " bonds the San Francisco .133333* 2.240537 $154 million in New York City were $198 million and $164 million, respectively. Feb. 11 .200000* - .0200375 franc Free' Finland .200000* Holdings of Treasury notes in¬ $82 million in Chicago. Government Thursday .0385802* British Malaysia, Malayan Ceylon Feb. 10 .0719820* 2.204537 BrBflsicCrUZler<>— Canada Feb. 9 .133333* .0719820* Belgium, Wednesday in the creased $213 million at all reporting member banks; the 1930 (Value In United States Money) Tuesday .200000* .133333* Free Australia pound" Austria schllline" +77+083,164 Holdings of Treasury certificates of indebtedness principal increases Feb. 8 .200000* 15,512,967,395 District, $41. million in the Dallas District, decreased $178 million. Monday Feb. 5 ^Ba!slcna PCS0 .- $60 million in Chicago, $54 million York, tricts. different 11, 1954, INCLUSIVE Buying Rate for Cable Transfers in New York Friday 9,971,063 881,254,83+ and by smaller amounts in all but one of the other dis- 1930, the Federal Reserve Bank for cable anl County and Monetary Unit + San Francisco just passed: EXCHANGE , 5,060,959 Philadelphia, Pa. certifies daily to the Secretary of the Treasury the buying rate countries of the world. We give below a record for the week FOREIGN — 3.9 + — Foreign Exchange Rates : + 2+104,469 - ' Mexico, +" 2.3 84,731,557 2,122,420,432 — + 14,031,190 8an ' + — 86,333,552 _ 6,448,159 10,872,000 62,482,795 - Riverside- Total 163,234,331 +681,748 2.0 22,681,968 Pasadena" • 17+737,61+ 17,536,202 —20.3 359,054,396 117,855,288 45,498,250 3+077,520 1 726,182,654 18,380,082 — 18,182,049 307,428,850 Arizona—Phoenix - 37,622,957 10,658,000 744,632,491 650,368,510 Utah—Ogden 703,796,830 8.7 + > 17,943,654 8,497,000 5,75+981 6.6 + _ ' 9.3 — . 678,695,666' 36,854,972 Oregon—Eugene 1 5,887,131 63+003,062 19,504,139 2akima Foreign Borrowings banks banks deposits 527 19,662 + 63 2,461 + 434 — 419. 10,619 — 147 + 364 1,260 — + deposits: 895 + 11 — 46 442 — 609 ) Financial Chronicle The Commercial and $0 Name the Twelve Federal Reserve Banks Combined Statement of Condition of Monday, February 15, 1954 . 1954 20,384,io2 20.880.10L 890,003 758,278 21,274,105 449,684 and Diaeounts 462,871 402,062 440,451 515,245 1,848 1,942 outright— Sought 596,254 1,995,575 5.816,541 5,816.541 4,995,716 13,263,671 13,263,671 preferred (quar.i — — Israel Petroleum (initial)—. American LaFrance-Foamite Corp., (special) 283/bC 3,641,150 3,641,150 4,521,975 Bonds Ltd., Co., Metal American 23,887,616 24,716,937 24,805,937 repurchase under agreement 41,000 56,900 56,900 23,928,616 24,773,837 24.862,837 25,261,859 Class A (quar.) 22 23 Class B (quar.) 168,057 206,050 192,398 of notes R. cash ■Uncollected Sink, 3,438,669 3,541,629 3,618,643 22 banks other banks— foreign from D\fi 25,291,024 Items preferred assets >-— 52,800 48,867 Class 195,627 214,461 Class (quar.)— (initial).: A Common LUbilities— 25.668.625 25,824,633 25,771,591 Notefi__ fjleral Reserve —- — 19.654,262 19,869.521 20,375.971 American 637.720 457,203 431,342 American 473,406 476,996 558,111 American 337,946 Treasurer—gen. 6. 345.037 340,296 American Foreign Other ______ 21,705,720 21,148,757 2,972,836 21,103,334 deposits — /Deferred availability cash items -Ouier liab. and accrued divs._ 2.989,301 16,5i5 15,097 49,880,741 2,'969,025 V 49,961,323 16,212 1 263.CG6 (Section 7> "Bsrptus 625.013 — 625,013 584,676 27,343 (Section 12b) capital accounts 27,543 27,'543 S3 148,714 141,830 149,223 ___ of serves note certificate gold preferred Arkansas-Missouri re¬ deposit and F. liabilities combined 6% R. to common participating 14,498 — purchased for foreign correspondents — 45.77 45.37 45.4'/ Industrial loan commitments... « notes, redemption The date indicates the B Date Coast Line Page Atlas Leaf Milling redeemable 5% Ltd.— Co., a preference shares .Feb — Avon Gas & Fuel Associates— & ccllat. mtge. 203 1 517 .Mar 1 debentures due 1976 ilichigan Consolidated Gas Co.— Mar 1 3Vz1st mortgage bonds, due 1903 _^__. Feb 15 nP'it Milk Co., 41/2r/" preferred stock ^Reading Co.-Philadelphia & Reading Terminal RR.— Mar 1 l*t mortgage 3 Vj 7 bonds due I960 ... 518 2 521 Co. Ser. I Inland Steel Xxrrillard (P.) Co. Chemical •^oencer 1st 30 preferred second 4.50'v. Co. bonds due 1982. .Mar 3.200/ mtge. 25-year stock... Mar 7% 108 Inc., Daniyp, Foremost Inc.: 4V2V E.ifeway Stores, Solar Aircraft Co., preferred Apr 1 Mar 31 stock convertible preferred Barcalo In this convertible preferred stock issue, tin Volume Basic A 514 1 • 612 1 520 441 Feb 15 $5 441 Aluminum 4% (quar.) Co. iV2% net Bakeries 7% Co., preferred Can 3-15 1 Insurance Co. - 3-1 2-0 t$1.31 3-1 2- B 4- 1 3-15 3- 1 2-15 common (quar.i 3- 8 2-16 3- 1 2-16 iquar.r„ j Buloio 3- 1 2- 1 3- 1 2- 1 3- 1 2- 1 Burdine's, 3- 1 2- 1 1 3- 1 4- Fine (quar.i 7 7 - Associates Cement from 35c 4334c 2-23 1-22 2-15 1-21 4- 3-18 1 iquar.) 3-15 3-15, 2-23 2-11 Bush 2-23 Butler Oil Co. common Co. Black Hills (quar.)—-. - (quar.)— (quar.) Co. Power — (quar.)_, & Light, preferred preferred — com. (quar.) (quar.) 5.407 (quar.) Black, Sivalls 4.75 7 4.257 Bryson, preferred Canada 2-19 Canada (Phila.), (quar.) 67 • preferred Co. Bros. 3- 1 2-16 4-20 4- 1 4- 1 4- 1 2- 3 3-15 3- 1 2-23 2-19 3-31 2- 9 2- 1 1 , - 25c * 32c pfd. 57 preferred $1.05 $1.35 35c $1.1834 Car 3-10 3-10 Fund, income) & Co., 2- 1 2- 1 2-12 2-15 3-10 3-10 2-15 2-17 2-10 2-15 2-15 20c 75c 2-15 3.-31 25c 30c (quar.) (quar.) -Amer. common— 47 7 Case *(J. I.) Class B Co., South West Central Vermont Ribbon 5 Chain 2- 5 Chamber of 2-18 Class 2-20 Channing 1 2- 5 3- 1 2- 5 1 3-16 8 4-29 4- 8 7-29 7- 8 10-29 $50c $50c t50c 7- 10- 10- 8 Mills, 2- 1 Inc. (quar.) 2- 2-27 2-16 3-15 2-19 3- 2 2- 5 3- 2 2- 5 3-15 $1,127 127c 3- ————- (quar.) preferred — com. (quar.)_ 'quar.) & Unadilla 3-18 1-30 3-20 (quar.) Corp. of Virginia , (quar.) Chesapeake & Ohio Ry. Co., com. (quar.)— 37% convertible preferred (quar.) 5 15c 377c 2-15 1-30 50c $327c 3- 2-17 |25c tlOc J15c t30c 450c 165c t20c t$1.25 t$1.25 8 2-19 3-20 ' 3- 2-10 1 2-15 1-30 1-30 2-15 4- 3-10 1 2-15 3-15 4- 3-15 1 4- t25c J25c 420c 425c 3-15 3- 2- 1 3- 2- 1 2-15 2-26 4- 2-22 2- 2 2-22 2- 2 3- 3- 2-15 1 1 2-15 35c 10c 3- 1 2-15 2-15 3- 1 3- 1 2-12 3- 5 2-19 3- 8 1-13 50c 3- 1 2-15 3- 1 2-15 aliy47 4- 1 3-12 4- 1 3-12 413c 425c $1.25 25c 2-27 2-15 2-27 3- 1 2-15 2-15 1 2-15 2- 3- 1 2-15 3- 1 2-15 3- 2 1-29 2-15 2- 5 3-11 3- 1 2-15 1-29 4- Corp., $3 1 3-15 4- 1 3-15 1 3-15 3- 2-25 2-10 4- "$1.21 50c 75c 877c 4 2-10 3- 1 2- 1 3-11 9 > 2-15 1-30 4-15 3-30 2-15 2- 5 3-20 3- 1 1 4- 7 5- RR.— $1.50 preference (quar.) 75c 3- 1 & Quincy 3- 4- 50c $1,127 30c $1.12 7 1 2-20 15c 3-29 Chicago, Burlington Chicago 2- 1 3- Telephone- iquar. 1 preferred Chesapeake 1 1-29 2-15 377c 50c 3-25 £-10 1 2-15 Building Corp.— Champion Paper & Fibre Co., 477 3-19 4-20 25c 31c 21c $1.04 $1.18 15c (quar.) (quar.)— Commerce Corp. Chenango 8 8 7-29 10-29 r 3- 4- 4-29 40c 25c 2-20 $4.50 3- Public Service— (annual) A 5 29c (quar.) (quar.) Co._. Belt 2- $1.127 $1,177 (quar.i preferred preferred Century (quar.) class A Corp. 1-25 2- 1 25c iquar.) Soya Co. Kquar.) Steel & Wire Co. 4.75 7 3- $1.75 : 1 (quar.)—. & 4.15 7 1 5 $1,127 — Central 2-23 8 2- 2- 1-22 Co., 57/ pfd. (quar.) Electric Co., com. (quar.) preferred preferred Common . 2- 1 1 2-15 2-11 — (quar.i— Louisiana 3-21 3- 3- 3-10 (final) common Central 1 2-12 2-11 $1.06 7 40c 50c (quar.i 1 2-20 2-15 1 2-27 3-11 Co.— Scott & 3-15 3- 3- 4$1.25 ... Foundry Central Central 4.707 2-26 2-15 2-15 , (quar.) Catelli Food Products, Ltd., 4.507 8 2-16 2-26 1-29 (quar.).1 preferred 3- 1 2-25 2-15 (quar.) preferred 8 3- 1 2-15 : for "B" ordinary rets, Pirie, Carson, 2- 2-16 tlOc (quar.) Corp. 2-15 6 412 7c — Ltd. dep. Carrier 7 7 2- 2-16 3- — (quar.) Carpenter Steel Co. Carreras, 2-15 investment preferred (quar.)— 57 Co. preferred 4 77 4 — Utilities, Carborundum Carman net — Ltd Cos.. Oil Canadian 1 (from Inc. Ltd Co., —— Canadian 3-20 3- 3- (interim) Foundry Co., Ltd., class A & 1 3- 1 (quar.i.. Fairbanks-Morse Common 62V2c — Ordinary Canadian 2-15 4- 1 2-15 4- 1 3-11 3-31 Corp—: (quar.)__— (quar.i—— Ltd. Vinegars. Canadian 1 3- 1 3- 1 3- 1 3- 1 3-23 3-12 (quar.).—— Canadian Ereweries. Ltd. 2-26 50c (quar.) common Ltd. Mortgage — 2nd 1 2- — — Foundries, Ltd. Safeway, 3-10 3- pref. (quar.)— Ltd.. quar.) — Canada * Co., common Permanent 5 7 2-15 (quar.) (quar.) 1 2-15 1 3-15 4- Co.— $1.30 Ltd., Ltd., Malting Co., Canada 2-15 3- 1 4- 1 4- 1 3-10 2-15 (quar.) Tobacco, preferred A Iron 1 — Foundry Cannon -— Foils, 2- Co. (quar.) (quar.) Corp. & Dominion Sugar & 5 3-12 4- 1 $1.06J/4 (quar.) Bliss & Laughlin, Inc. Bloch common common Packing Wyant Canada Valley Gas & Electric— preferred Blauner's 57 & 57 Cement. Canada 2-11 3- $1.75 50c 15c 5c (increased 1 Extra Black-Clawson 2 preferred (quar.)—— (quar.) —— Quarterly 2-11 2-15 3- 30c 10c 15c iquar.) Byron Jackson Co. California Electric Power California — (quar.) iquar.) Central (quar.) Co. —— common Eymart-Tintair, 5 4- . :—- —— preferred 8 3- 1 4- 1 4- 1 3- 1 3- 2 3- 3 3-15 3- 3 3- 3 3- 1 50c 50c $2 : Corp., Electric Brothers, 4.77 2-23 2- ———— Co Terminal 2-18 2-15 1 Concen¬ & Burroughs Corp. (increased quar.i_ Burry Eiscuit Corp., $1.25 conv. pfd. Burton-Dixie Corp. (quar.)—: 2-11 2 3- t$l Class B common 2-15 2-11 2- 3- 1 1 3- 30c 15c SI $1.05 87 7c t50c 150c J50c Class B common 3-17 2-19 2-19 1-31 3- 127c Class B common 3- 1 3-12 2-28 30c — Co.— - (quar.i Steel preferred Bishop Cs-a) (increased quar.)— (o.uar.) Manufacturing Birtman (quar.) (quar.i & & 3-17 2!/2c Bethlehem Bibb pfd. 4?4% 3- 2-19 1 2-15 Inc. 3-17 $1.25' $25c t35c $1.1834 40c 17l/2c $5c 25c $1.0614 25c (quar.)— A (quar.) Limestone Co. & 25c 3- 3-15 (reduced) 1 50c class Spinning preferred 16'/4c 2-15 25c —„— Ltd Sullivan Mining 4- 1 44- 1 33- 3 33- 1 3- 1 3- 1 3-15 3- 1 1 1 35c (initial).— Mills Corp., common (quar.) 47 preferred (quar.) ——* 4.20/1, preferred (quar.)_— ; 377 preferred (quar.)— — Burns & Co., Ltd., class A preference^. Class A pref ——.—— Class A preference—' 5 3- 2-23 3-19 3- 1 3-15 1 3- 5c —— Dredging, Hill trating 3-15 1 22- 15c —J Bunker 3-15 1 1 1 20c 25c $1.25 —* common new 3-22 1 33- $1.25 25c (extra) Inc Gold 1 (From net investment in¬ Carpenter Paper Co. . common— Burlington 12c i5c 25c — Co., Co come) Bullock's, 65c 45c $1.75 $1 $1.06 - com. Co., Forge Canadian - — Mines Ltd. preferred Blaw-Knox 4c : Buffalo 2-27 4- 2- 4- 30e 60c 127c (quar.)——r__— Machine & 2-27 10c 25c 25c 2V27 (quar.)— com. (quar.i Quebec Die Extra (quar.) Howell Co., Blackstone 50c (quar.) (quarterly income) Co., preferred Shares 75c (St. $1.12,/2 common Buell 1 2-27 2-15 30c —— — iquar. 1 Canada Ine Heminway' Co. Co, 3- 3-15 25c — (quar.,I Co. 1 4- 4-15 95c $1.10 $1.10 $3 $1.25 75c 25c $1.50 (quar.) Mfg. preferred $5 1-29 1-29 2-27 $75c 4.207 t25c (quar.) Business investment American 2-20 4- 50c Automobile American 1-29 3-10 Ltd.—- (quar.) American 3-5 40c (quar.) preferred (quarA-^.^.a^.i Amalgamated Leather Cos., 6% pfd. (quar.). Louis) 2-26 2-26 933/4c 2nd American 3-10 3.10 t50c (quar.) (quar.) Canada, Holders 5c iquar.) of preferred 5*4% When Payable of Rec. 5c America,' common 1 1 3-15 50c tquar.)___ Ltd., (quar.) — Faiis 3-15 tCOc Co., Inc. Co., Mfg. Co. & Best Share ; of 2-12 3- 3- ' 3- Co.— - Hill 3- S.) Shoe Corp., Belleterre Per Ltd. 3-12 Buck and " $25c $377c 20c Buckeye Pipe Line Co. (quar.)_— Budd Company, common iquar.)— Paper Co., Ltd.— preferred (A. Belden 178. Name of Company Co. 2-10 2-15 iquar.) Lumber $1.40 . preferred 2-10 1 Class - & preferred Beck '(Continued from page 14) $3.75 2- 1 3- 175c Common Aluminium, 9 3- Canada Mills, Inc. common Beaver 4% Aluminum 9 3- 2-24 B Beaunit Bessemer common 3-19 3-31 2-19 -L__ 2-11 3-15 (quar.)/.—^ Brunswig Drug Co. iquar.) 3- 2 (.quar.) 3-15 1 preferred $5 2-27 com. Ltd — class A (s-a) Co., Ltd., Brunswick-Baike-Collender 1 3-10 Co., 1- 7 ^ ——-- Co. Sharpe Shoe Brown 3- 3- (quar.) Berkshire Brewing Co., 12-31 40c Ltd Laboratories. Baxter 4V* 7 Extra 2-15 3-22 40c 1 (quar.) Refractories, Bathurst Power Class & Extra— $1.25 income 4 3-31 ' 6-28 $4.50 (increased) 5 2- 4- <s-a)_,— . 3- 1 2-22 (interim) common Packers, Rubber Brown 5 7- 25c $1.25 37'/2c Canada of Barymin Co., Bell Altes 2-10 2-15 3-15 $1.31,/« $1.50 - 1 3- 2-10 1 3-12 3-12 3-15 3-20 Manufacturing Belding ♦Announcement 2 2 3- 50c 50c 59%c 20c 40c quarterly Barber-Ellis 208 Mar 22 stock__Apr 90-cent convertible preferred stock Etromberg-Carlson Co., 47 3- 3- 1-29 ; Inc. preferred Class Corp, $4 preferred stock 6'. 9 5 2-25 2-19 Hydro-Electric 4147 Page Date Distillers 22- 3-15 $1' 93:7c preferred (quar.) preferred (quar.) 4% 520 CALLED Company and Issue— Brown-Forman Products, Bangor Electric Power Co., Ltd.— 1st mtge, (Kansai divisionj sinking fund 7% bonds.. Mar 15 Cfjigawa Electric Power Co., Ltd.— .Mar 15 77 s, f. gold bonds, due 1955.... .... ISSUE 2-23 2-27 (quar.)— $1.25 (quar.)——$1.25 common 50c Co.. Refining Increased ^.oho ENTIRE 2-23 2-10 2-16 A.vshire Collieries Corp. (quar.) Bagdad Copper Corp.-Baker-Raulang Co. (stock dividend) Bankers & Shippers Insurance (N. Y.) — 516 bonds, 3 347 trust 1 5 5% from investment 6 3/10c from capital gainst Page 1 ser., due 1974. Mar Firemen's Insurance Co. of Newark, N. J., $4 pfd. stock.. Feb 16 1st 33- 2- .— 5 4- $283/4c 25c 93%c (quar.) Taunton Gas Campbell, (3 7/lOc Date Company and Issue— /Eastern 2-23 Axe-Houghton Fund Class A— REDEMPTION PARTIAL 5 3-10 Ry. Line 1-28 3- Ltd.— Co., preferred (quar.) —— Brooklyn Borough Gas Co., 4.407 pfd. (quar.) 4.407 preferred B (quar.) Brooklyn Garden Apartments Brown Co., $5 conv. 1st preference (quar.) $3 2nd preferred iquar.i___ Brown & Bigelow, common (quar.)—: 67 preferred (quar.)—, Brown-Forman Distillers Corp., $4 preferred (Entire issue called for redemption on April 1 at $100 per share plus this divi- 3 —_ 1 2-10 & Power com stock $3.80 3-10 2- 3-24 RR. Co. Corp. (quar.) Powder Co Atlas 205 25 3-20 2-15 of Conn, Coast Line Co. Atlantic Columbia Brockton —— Air Atlantic Company and Issue- Maple 2-10 3- City Electric Co.— Common (stock dividend) TENDERS OF 2-10 2-15 (quar.) Ltd., class A Broadway-Hale Stores 2-15 3-10 (quar.) (quar.) Banknote American British British 8 (quar.)- & Charlotte Atlantic NOTICE 1 Atlantic the "Chronicle." details were given in the 1 3- 3- (quar.) Common Atlantic in which 3- 3-31 — 2- 3-20 50c 50c 75c $25c (quar.) Co., preferred 33/47 3-31 preferred (quar.) $1,50 2nd preierred (quar.).———--—_ Atchison, Topeka & Santa Fe Ry. Co.— . (except where indicated) volume the current 3-15 3-15 75c 75c $5 last date for mak¬ or & G.) preference Bristol-Myers 1 20c preferred (quar.i 67 2nd preferred (quar.) ——_ Ashland Oil & Refining Co., common (quar.) number gives the location in ing tenders, and the page 3- lZ'/ac 5.257 called for redemption, including those called under sinking fund provisions. 3-15 2-15 (l-20th of an ordinary share and on each ord. share outstanding (T. 57 ———,— -—-----— preferred (quar.)——1 -— Liqueurs (annual)——-.—— — Associated Dry Goods Corp. com. (quar.)— stocks Bright 1-27 — (quar,)——.—- (qiar.) $3.75 preferred (quar.) Armstrong Rubber, clas's A list of corporate bonds, a common 2-25 59c 62V2c Arrow and 3-15 2-15 2-19 1 3- 2-15 1954 in Canadian funds 7, 22J/2c — $4' preferred Class Below will be found Jan. 1 3c reduced 3-12 3- 27*/2C (quar.) com. (quar.)—: Cork Co. com. Armstrong preferred 3-12 3-31 3-17 2- 2-25 683/4c (quar.)_ (quar.)__^ Brantford Cordage Co., 28c Arkapsas Louisiana Gas Co Armco Steel Corp.* (qv.ar.)—— lion Calls and Sinkins 3-31 Co. Sons & Brazilian Traction Light 37J/2c 34%c —.—-— (quar.|__„ $2.50 preierred (quar.)—,——— Arkansas Fuel Oil Corp.-;—. ——— 3,133 3,425 3,126 dividend 1 2-26 50c 20c (quar.i ; Bearing J.) Bullock Fund, Ltd. quar.)— Public Service $1,10 preferred $2.36 preferred ances (quar.) (quar.) — preferred (quar.)— Arizona TJontihgent liability on accept¬ 1 2-19 81 Vic 25c tl5c t$l,12Va (quar.) preferred 5V27 24,653 16,332 5-21 Co.— Power (increased Common Rstio (quar.).—-— Inc. Co., Farms Oil Corp. (quar.) Corp., Ltd., common 41/2 % convertible preferred 51,376,692 51,024,128 1 12V2c 40c 30c 25c Argus 50,950,677 1 6- 25c a Argo (Sarplus Other Ardon 3- $2.25 1 Corp.— Trading Inc. (quar.)— Prichard Oil Corp. (quar.) Anheuser-Busch, 255,663 268,419 (E. 4- 2-10 2 realized the fiscal (quar.) Rubber preferred $2.75 Roller Brach 3- 1954.) Trust & 9 2- 1 3- 1 3- 3-15 gains (quar.)_ Bower Brown (quar.) 31, 3-19 2-17 3-10 87V2c t during sales Jan. Inc., Mills Bourne 5 Co.— Anderson Capital Accounts— Bourjois, 2-19 25c $1 — Anchor Post Products, Capital paid ln._ 3-15 2-17 1 capital gains dis¬ is long-term Hose Woven Boston 3 4- 53c Estate 2-25 > preferred ended Real 1-28 3- 35c 60c $1 (quar.) (quar.) common amount securities year Boston 12-31 Corp. (quar.) net 2- (quar.).... $4.50 preferred fs-a) Ampal-American Palestine this 3-10 50c 75c Tobacco Co. (increased quar.)— 85c ——__i — $1 Water Works Co., 6% pfd. (initial) $0.47917 Amoskeag 4% 1 Corp., 2-15 25c Foundries Steel American 50,359,582 3-15 4- Smelting Extra Total 1 2-15 $1.75 —,— Building Co ——— & Refining Co. (quar.). Ship accts. acct._ Member bank—reserve 3-15 4- $1.25 30c — (quar.)... Co. (quar.j... Seating American 'Deposits: U. (quar.) preferred 7% 2-15 1 Brass preferred Inc on $5 $1 — — (initial). B non-cumulative preferred iquar,).— American Pulley Co, (quar.) —,—American Radiator & Stand. Sanitary Corp. 51,376,692 51,024,128 1 4- & 2-15 25c 1 $1.12V2 75c Fund, tribution 5 43Vic 1953) (quar.) (quar.) (27c of , 5% 50,950,677 3- 50c 50c (quar.).—$L A 1 2- 3'/27 Boston President Lines, Ltd.— American 52.837 205,441 premises Older $4 2-15 3- 37J/2c 27l/2c (quar.). (initial) Pipe & Construction (quar.) Potash & Chemical— American American 23,305,136 Inc. Co., Meter American 1 1 Co. 25c # 4V27 J3. e 1 d Aluminum Borg-Warner 8 3- S1.12Vz $1.12Vj preferred (quar.).. 4)27. preferred (quar.i... American Metal Products, common 5*2% conv. preierred ($20 par) 1-29 2- 3- in (quar.) Airplane Co Borden 3-10 $5 50c 25c 25c <quar.)_ common 3 Co. & preferred 4"/27 50c (quar.)_„i & Foundry Co. Machine American Bohn 2-10 2-15 (Sidney) Bobbs-Merrill, 3-10 31'/4c American 13,773,671 Certificates .Notes ? 40c $1.31 'A Common 2- 3-10 capital gains realized net Blumenthal 5 3- 2-27 2-15 & 4V2% ' 2,084,575 Bills of 32'/2c from balance investment income and 3-12 Boeing — (quarterly) — — 5V2% prior preferred (quar.)—... — $1.25 preferred (quar.)., :—______ 3,767 —- 3-12 3-15 15c 5c 41c 25c 20c $3 securities: Govt, 1 1 3-15 (Orlando, Fla.)— Foreign Power Co American Furniture (quar.) American Gas & Electric Co. (quar,) American Greetings Corp. (quar.) American Home Products Corp. (monthly)American Indemnity (Md.) (s-a)„ American Investment Co. of Illinois— 1,329,476 advances Industrial loans 3. 21,638,379 21,270,851 ctf. reserves cash Ltd annual Increasd 44- 7^c $1.75 50c 25c preferred (quar.) & Cable Co. (quar.) Fire & Casualty American 886.746 Total gold OvSer 1953 20.384.105 notes Chain Factors, Feb.11, Feb. 3, R. F. for fund Redemption non-cum. American 1954 certificates Qo'jd 7% American ^ American Feb. 10, JLnets— (quar.) Payable of Rec. (11c from net Ridge Mutual Fund, Inc. Blue & Foundry Car Common Share of Company Holders When Per Name Payable of Rec. Share of Company American thousands of dollars) (In tr . Holders When Per O. . (758) 3-19 2-15 Volume; 179 Number 5299 . .The Commercial and Financial Chronicle . (759) Per Yellow ChicJcsan Co. Cab Co.. When share Name of Company . Chicago Payable of Rec. 3- 1 25c 2-20 2-10 (quar.) Cincinnati Gas Electric as 25c Co., com, dividend ; 2-15 25e (quar.) 2-15 2- : of Company Cushman's Sons. Dahlstrom 5 Davis 1-15 2-15 3% Cincinnati, New Orleans &l Texas Ry., 5 % preferred (quar.) Per Name 2-18 (quar.) Chiltoq Company Stoct Holders 12'Ac - 1-15 Leather Daystrom. Deep Pacific Metallic Rock Deere & (quar.) Ltd., prelerred 6% preierred 5% $1.25 Service $1.25 12- 1 3- 8 77c 2-11 Corp. Stores, convertible (quar.) 9- 1 Voting 87c 3- 1 2-19 Denver 3-31 3-12 Derby Gas & Electric Di Giorgio Fruit, class Inc.— 1 „ prelerred 3- 56'Ac (quar.) Class 2-17 1 5% -pre.eried $1.25 common convertible & 25c Clearing Machine Corp. (quar.) Cleveland Electric Illuminating, com. $4.50 preferred (quar.) Cleveland 7% guaranteed . 3-15 2-26 3- 2-15 1 65c 2-15 4-1 Common 1 (monthly) 4'A% Aluminum each class Cockshutt Farm preferred Colonial Sand 3-16 2-25 Dominion Dominion Tar 3-10 10c t 2-26 Colonial Stores, 47o Stone Inc., Central Power Co. Columbia Gas Columbia $4.25 Douglas Oil Co. of Calif, Columbian Dow 3- 1 2-18 Drackett 3- 1 2-18 3 Elevator Co. 3-1 4- 1 2-15 ^3-15 25c 3- 20c 2-15 1-20 $1.06'A 2-15 2- 1 2-15 Co. (quar.) Credit Co. (increased Hotel, Ltd. Commoil, Inc. 1 50c (increased) 2-15 65c quar.) 3-10 3-31 3- 15c 2-15 2- 1 3 f20c Commonwealth Gas Corp. Community Public Service Co. (quar.) Concord Natural Gas, 6'A% preferred (quar.) Confederation Life Association (Toronto;— 2-26 2-12 4% (stock dividend)— 3-3 ,2-18 25c 3-15 2-25 $1.37'A 2-15 2-1 1-21 2-15 1-21 3-10 3- A Go., Co., 7 7c 3-25 common 2- 1 Electric 4-10 3-10 3- 3 2-19 2-15 2- 2-25 2-25 1-29 3- 2-18 1 1 3-15 3-15 $52.50 Foster Fort 5-1 4- 1 Fruit of 1 3- 1 Funsten 3- 1 2-15 2-24 2- 2-24 2- 3 2'Ac Gabriel Wood $1 4-15 4- 3-23 7% 2- Genera] 3-10 4- Co 75c 1 3-18 2-25 $1.12'/2 2-15 67c Ltd.— 5% American deposit receipts (stock div.) Ltd.. 4.80% pfd. (quar.) Durham Hosiery Mills, class A 100% 2- 5 430C 2-15 2- 4 Finance preferred General General Gas 2-19 2-12 General Metals 2-19 2-12 General Mills, 3-10 2-25 General 57o 31'Ac 3- 1 2-19 5% preferred (quar.) $5 6-10 31'Ac 6- 1 5-20 57o preferred $3.75 (quar.) 31'Ac 9- 1 8-20 t38c 12-15 12-10 31'Ac 12- 1 11-19 3-10 2-19 Inc., 40c Consolidated Cigar Corp., $5 preferred Consolidated (initial Edison 10c common quar.) Co. (N, Y.) Natural Consolidated Rock Consolidated Consolidated Gas Co. Consumers Glass, Consumers Power 1 3-12 4- 1 3-12 Aircraft Corp. 3-15 2-11 Eastern 3-15 3- 2 2-15 1 Corporation (quar.)„ 1-15 3-10 2-15 Eastern Utilities 3-1 2-1 Easy 45c 2-25 3-15 2-26 2-26 1-29 55c 2-20 1-29 Class 2-11 75c common Washing A 4-1 3-5 $1.13 4-1 3-5 50c 2-20 2- 3- 1 2-19 4.10% 50c 3-31 3-17 4'A% 60c 3-15 2-25 5'/2% 5.36% 4% Continental Assurance Continental Can $3.75 preferred $4.25 2nd Continental Co. Co., 1 (quar.) (quar.) preferred Casualty Continental (increased) common (increased) Insurance prior '$3 Copeland Copper Varnish preferred Co., Copperweld 5.65% preferred 3-31 ) 3- 3 1-13 Co. Steel common Corp. (quar.) 7-15 7-12 25c 2-27 2-10 2-27 2-10 2 v 15c 2-18 3-15 2-19 50c (quar.) common 3-10 20c (quar.) (quar.) Co., 3- (Toronto)— (quar.) Refrigeration Range 3-10 2-24 5% preferred (quar.) 62'/2c 3-10 2-24 6% preierred (quar.) 75c 3-10 2-24 40c 2-26 Corning Cosden Natural Gas Petroleum (quar.)__^ Corp. Cosmopolitan Realty ■Quarterly (quar.) 2-10 25c 3-10 2-23 2-15 2- 1 $1.25 Investment 7-31 11-15 417'Ac Fund, 5- 8-16 $1.25 Counselor's 5-15 $1.25 Imperial Mills, Ltd Electric 6% 2-15 11- 1 8c 2-15 Empire Empire 2-17 12-23 3-15 $1.75 3-10 2-18 Creole Petroleum Cribben 4'A% convertible Cork Crown class $1 10c & Zellerbach Corp., preferred Crum & (quar.) $4.20 pfd. (quar.)__ 8% qr.ar.)__ 1% preferred preferred preferred 7% 7% Cuneo 1 (accum.) Corp., Resistor preferred class class preferred $5 3-25 3- 4 Globe 2-11 Globe $2 conv. Corp., preferred 1 2- 2-10 3- 1 2-10 2-19 2-12 Credit, 1 2-10 1 5-13 4-5 3-17 2 $1.75 7. 2 preferred 4'/2% Sugar Co. 12'/2c (quar.) 3- 1 2-16 3- 1 2-16 12'/2c preferred (quar.)_ 9.15 87V2c 2-15 2- 4- 1 3-15 issue 23 at 6% 1 3-15 7- 1 6-15 $1.12'/2 (quar.) for convertible Federal Compress Extra 10- $1.25 Electric 9-15 Federal-Mogul Corp, 3-5 Federal Board 3-5 Ferro 4- 1 3-5 15c 3-23 3- 50c 3-23 A (quar.) 50e class A (quar.)— 50c 9-23 $2 class A (quar.) 50c 12-23 . plus 6-23 3- 3 6- 3 Great 3- 1 2-15 2-15 2- 1 2-15 2- 1 Filtrol Field (quar.) Institutional (quar.)_— 4 2% 2-19 1-29 62'/2C 2-26 2-16 683Ac 2-26 2-16 3- 1 2- 1 25c 3- 1 2- 1 3-15 25c 3- 1 2- 8 31'Ac 3- 1 2- 8 3- 1 50c preferred (quar.) 3-10 2-26 50c 4- 3-22 1 40c 3-31 3-19 33ya% 3-31 3- 20c — (quar.) (Marshall) (see Marshall Firestone Tire ic Rubber, 4V2% 1 3-22 3- 5 2-15 3-30 3-15 2-5 1-22 3- 5 2- 1 3- 1 2-15 25c 2-27 3- 1 < ) 2-18 2-11 1-14 (quar.)_ $1.75 4- 1 3-20 (quar.) $1 3- 1 2-15 3- 1 2-15 75c 3-15 3-15 2-15 50c 3-15 3-1 15c 3- 2- 5 35c 3-25 3-10 3- 1 2-19 25c 2-19 2-1 56'A preferred 2-15 2-1 preferred com. (quar.)_ (quar.) (quar.) $2 Pacific & — Co. ' $4 2-23 ?- 4 $1.75 pfd. (quar.) class A (quar.) 3-31 3-19 $1 3-18 2-24 2-15 2- 412'Ac (quar.) 2-11 35c (quar.) 3-10 25c (quar.) 2-23 25c — Dock Co. Ltd., 1 2-15 Tea— non-cum. Box 2-13 ■ $1.16 (quar.) 2-15 1-30 2-27 2-12 2- 4 1 Inc.— bond 3-10 3-20 2 Field) pfd. (quar.) 3- i 2-15 s ^c 7c 2-27 2-27 2-12 /,-iz 12c stock priced stock Industry Classes: 2-27 2-12 "c 2-2' _ Automobile 2-27 * Aviation 2-12 2-27 2-12 "c 2-27 2 12 Chemical 7c 2 27 l^driC" """pment 6c 2-27 15c 2-27 Building machinery Investing company Merchandise 8c * Mining 2-27 11c 2-27 »c I 2-I2 2-12 2-i£ 2-12 Railroad equipment Reread stock 2-12 2-27 3-12 2-27 2 12 7c bond 2-27 7c 3c Petroleum 2 2 \lt 27 fit? Tobacco*—2-27 •vuiSK Above dividends are -from $1.12'A 7c bond Railroad dividend 4- 5% Low 15c (quar.) Co., 2-15 2-16 25c administered Common 2-23 50c (quar.) com. Coal, Group Securities, 1 $1.25 Co. Ry., Southern West General , Corp. Corp. Great 3- 75c 7% Steamship Northern Fully Fidelity & Deposit Co. of Maryland— 3 9- 12-3 Great this (quar.) (quar.) 1 Paper 3-10 2- 3-15 2-15 62'Ac quar.) — Great Lakes 1 « 1 2-2|6 30c (quar,) Great Lakes Dredge 1 4- .3-1 CO.— Co. & 3-12 $1.12'A (year-end) preferred (quar.) Industrial Inc., (Initial) (quar.) Atlantic 3-12 1 56'Ac — com. com Common 2-25 14c preferred Enterprises, preferred Stock Union 1 56c (quar.) W.) 4-22 44- 5% Co. U- 50c — — Grace National Bank 3-11 on ^ 4-1 (quar.) share per Products 4-1 A redemption & Warehouse 75c 3 <H. 5-15 35c Government Employees Insurance Co. 2-25 1st preferred— Fedders-Quigan Corp., com. (stock dividend) 5% converftible preferred (quar.) Federal Gossard 4- 3-12 50% dividend) Co., preferred Mfg. 3- 1-18 Pennsylvania— (increased Co., Tubes Gorham &c 2-15 3-31 1-15. Funds* . $1.75 (quar.) (quar.) conv. called $10.50 (stock preferred 7% 3-19 55c Goodyear Tire & Rubber Co., Great 1 V- (quar.) H.) Globe-Wernicke $5 3-19r 4- 55c Co. Goudall-Sanford, Inc., 4% 6% 2-15 3-30 593Ac dividend 2-15 34'/2C quar.) 1 4- Steel 1 25 c v 2-15 1 Corp. (quar.) Rutgers Fire Insurance Co.— preferred (quar.) & Stock 37'/2c — 1 60c (quar.) Rubber com. (P. 3-11 9 3- 425c second 50c (quar.)— Co Bros. Co., (entire 18 3- 5-, 1; 12-15 ' Grayson-Robinson Stores, Inc.— $2.25 preferred (quar.) 6 5-15 12-30 30c (quar.)' common Grand 6 2^18 1, 2- 42'Ac quar.) 2-15 3- 2-15 $1.50 1 3- 4-5 3-10 25c com. 3- 3-15 4- 5 , Corp., 11-12 3-15 $ 5-1 1 (quar.).. 1 20c (reduced) 6-16 9.29 Co. 10c Co., & Co., 10c Mfg. 5'/2% 8-13 2-11 5- ' 50c 3V17 4. $1.75 9-.1 3-10 $1.50 12- (The) Feb. 3-15 $1.12'/2 Farmer 3-15 1 30c Farrington Manufacturing— 5 '/2 % preferred ($25 par initial 3-31 4- 6- (quar.) common 50c / 1 3- (quar.,) 3-17 3-17 2-15 1 (quar.) 3-31 2-15 $5 3- 2-15 $-29 2-10" $ )> i* American Globe 3- 1 2-15 56'Ac $1.25 2-12 3-31 2-11 1-15 $1.25 1 2-27 1 $1.25 Erlanger Mills, common (quar.) 4'/2% preferred (quar.) Equitable 1 3- 1 3- 1,\ 2-15 3- $1 ! (increased preferred Gilchrist 3- 15c (quar.) preferred Fanner 4'/2% 2-15 3- 3- 5-10 5 dividend Glatfelter $1.25 3- » $1.12'/2 Gillette 2-15 $1.12'A (quar.) Fajardo $2 $2 2-15 35c (quar.) 2-10 $1.12»/2 prior pfd. common 1 3-15 Gerber ( (quar.) $1 $4 2-12 3- $1.25 3- ; $1.50 preferred (quar.) Products Co., new 2-24 2-24 2-19 (quar.) 2-27 12(Ac (quar.)__ Extra Curtiss-Wright Corp., Corp. Fairbanks, Morse & Co. $1.75 ; — $2 Co., preierred Federal $7 Building 1-15 $1.05 $2.25 3-12 3-12 30c — 3-15 5-25-54 Co.— (quar.) Georgia-Pacific Plywood Co.— $1.50 465c 2-16 $1 /___ Clothing Co., common 4'/2 % preferred (quar.) 4'A% preferred (quar.) 4'/2% preferred (quar.) Publishing Co., 2-15 3-10 Co.— preferred 2-15 1 (quar.) common dividend) Curlee Curtis pfd. (quar.) (Ontario; — 2-11; . Tire 15c 5% 3-15 $2 (quar.) (quar.) (quar.)—.— 3'A% 1 3- 25c 2-15 40c (quar.) Sugar Press, Inc., 4- $1.75 Crystal Oil Refining Corp., $6 pfd. Cuban-American 3- 25c 3-10 2-26 50c Advertising preferred 25c 450c 40c (quar.) Forster, General 25c 4c (quar.)_ Crym & Forster Securities Corp.— Class A (increased quar.) (increased $2.25 2-15 —_ J50c class A 2-15 (quar.) 2-.26' $1.25 $2.20 preferred (quar.) General Telephone Co. of 1 — — preferred Fairbanks common (quar.) Crown 7% 2-23 Co., Office 2-15 1 2-15 1 Extra 25c Seal, Ltd., Finance, B 3-10 3- 28'Ac 2-15 460c Gas preferred $1.20 Corp.— (quar.) Crown Class Erie 1 1 25c Equitable Fair preferred $2 Co., common (quar.) preferred (quar.) International A Cork Crown (increased) Corp. Sexton & (quar.) 3- 12'Ac _ (quar.) Co. (quar.) District Electric, Erie Railroad 2-26 preferred (quar.) (quar.)— Life Insurance Co. Equity 2-15 3- 2-26 3-10, 2-26 933/4C meeting of 4.75% 3- Mfg. Increased 1-18 93 34c 3^4% common common 4.40 % preferred (quar.) General Telephone Co. of Ohio— $1.40 preferred (quar.)— $1.10 4.50% preferred (quar.). Equitable Life Insurance Co. of Canada— $5 V/4% Co., Inc., Rubber 1 3-10 843/»c (contingent on approval stockholders, April 21) convertible preferred (quar.) at $1.41'A Annual $5 Stock 3- Extra Emhart 1 Crane & 3- 3-10 25c Corp.— $1.34 (quar.) preferred Hose 1 4 3-10 60c (quar.) (quar.) (quar.) Common 5 $1.06'A preferred (quar.)_ preferred (quar.)__ Elgin National Watch Co. (quar.) Ely & Walker Dry Goods Co. (quar.) 1-31 Courtaulds, Ltd. American— Deposit receipts ordinary (interim) 2nd 2nd Electrographic Corp. Electrolux Corp. $5 Inc Ferries, prior Electric Equitable $1.25 (quar.) Quarterly Quarterly Cosmos (quar.)—_—_— 2-15 75c Co. Semi-annual & preferred convertible 4$1.20 Life $1.06'A convertible 3-12 2-17 $1.37'A 4.25% 3- 2-17 4- (quar.) (quar.) 4.40% 15c 3-15 1 25c (quar.) $6 preferred (quar.) General Steel Wares. Ltd., General Telephone Co.— preferred 3-15 20c 40c $1.12'A 3-18 60c (s-a) 3%% preferred quarterly General Steel Castings 2-15 preferred 3-15 31 (Ac (quar.)__ 3-15 $1.02'A 1 1 425c 4- 15c — Increased 3-12 2- 2- Z-15 Corp.— 3-12 2-25 (quar.) 1 3- 3-31 3-31 preferred 4- 65c Quarterly Cook Paint Natural Gas 4- Industries— 5% prelerred (quar.) Continental-Diamond Fibre Co. Continental Paso 933Ac Steel & El $1.06'A (quar.) Co. Copper $1 8 30c 2-4 2-15 3- 3 75c (quar.) 5% convertible preferred General Public Utilities 4 2- 2-15 ' . 1 15c 4'A% pfd. 1st series (quar.) General Plywood Corp.— 3-12 50c B (quar.) : Mfg. Co. (quar.) Eddy Paper Co., Ltd., class A El Paso Electric Co., common (quar.) $4.50 preferred (quar.) $1.12'/2 1 2-15 30c ; Class $4.50 preferred (quar.) preferred (quar.) of America, common (quar.) preferred (quar.) (quar.U 3-12 1 4- 50c Eaton $4.52 Container Corp. (quar,) Corp.— 2-16 4- $1.50 Associates Machine 3-15 3r 7'Ac preferred (quar.) preferred (quar.) General Package Corp.— 2-11 3- 4 25c1 $1.75 1 4-15 1 3-15 4'Ac 6% 2-11 (quar.) States Corp. (Md.)— preferred A (accum.) $6 preferred B (accum.) 2-16 437'/2c ; Ltd 1 3- 415c $7 5c (quar.) 3- $1.75 Eastern 3- $1.50 — Ltd 2-15 2*'8 4'Ac (quar.) 67e (quar.) 3- $2 (quar.) Outdoor Common 2-15' 3 25c (quar.) Corp., 2*1 3- 3-15 $1.25 (quar.) preferred General Water— (quar.) Mines, 413c A 30c Interurban preferred Sullivan 62'Ac — class & preferred 7% 10c (quar.) Co Ltd., Co. 6% 25c (quar.) Louis St. East (quar.) Co. Products Vultee Consumers Corp. Corp. Theatres, 4- East 60c (quar.) Consolidated Engineering Consolidated 3-20 — Common Consolidated Laundries 1 30c (quar.) 4- $1.25 preferred 57o preferred (quar.) Eagle-Picher Co. (quar.) Motors preferred 2-19 2-J5 37'/2c Corp, Inc., 21-15' 3-10 25c (quar.) preferred (quar.) (s-a)_ Corp. 25c 25c 17y2c :— (quar.) common Corp. 2-25 50c Corp. A Foods 1-30 2-10 25c (quar.) (quar.) General Dynamics Corp. General 3.-18 3-15 56'Ac (quar.) preferred 9-10 Connohio, com. participating preferred Participating 2-17 2-18- 4-1 $1.75 Corp., Inc., 1 12'/2c pfd. (quar.)__ Credit, 3-31 37'/2c 4'/27t> 30c 5 3-10 2-15 (quar.) preferred 3- 56'Ac preferred 6-15 1 (quar.) (irreg.) Co. Baking Co., $8 2-15 4-15 15c General 40c 2- 8 $15 ■ 1 3-28 (quar.) America Corp. 7'/2C 2-15 $2.50 10c preferred $1 common (s-a) AUai* 2-11 General 1 2-15 1 9 3- 1 2-15 5 3-15 2*- 3- >25c 3- 3- 1 2-15 $1 Acceptance $1.50 3-31 $1 2- 933Ac 75c 17V2c common 2-15 3- .iinor dividend). 2-15 4- 3-15 this 5 r> 2-11 50c 40c 31 1 35c 1 March 3- 1-20 9-15 3- 2-5 is- 50c 1-20 J37c 56'Ac 2- 3-15 2- 5 2* *5' (quar.) 2-15 t38c (quar.) 3-15. 2 2-15 f37c Co. 3-15 3- Industries, preferred I 12-31 62%c 10c General 9 3-15 Co., common (quar.) General Cigar Co., common (quar.) 3-19 2- >iwil (entire Gardner-Denver 3-23 1 2- t75c (quar.) Co. (Robert) Gar Quarterly Quarterly ( Steel Gair 2- 5 2-26 2'/«% (resumed) 2-23 Quarterly ■ Co. 2-15 4-15 Quarterly Power (s-a) 2-26 (increased quar.) Co., convertible Gabriel Co., common (quar.) preferred (quar.) Connecticut E.) 1 3- $1.75 Duriron 3-15 2-1 (quar.) 25C B "2*11 2-15 Loom (R. 3-10 15c 25c (quar.)_ the 4'/2% 3 $1.50 — plus Cp. Works Fruehauf. Trailer Co., common 47c preferred (quar.)__ 4- $1 ; 2*13. 2-15 , 2-15 — share per Bridge Freeport Sulphur Co. 410c common... (quar.) 2-15 J75c $$1.25 preferred redemption on Kleiser & Pitt 3-15 2-2$r fa? I' 2- i t$1.25 Foundation Investment Co.,-$5 pfd. Four-Twelve West Sixth (s-a) 2-17 410c Dupuls Freres, Class at 1-29 2-20 2-15 f ' 2-20 v 25c 6% for 1 $1.22'/2 —; called sue 1 $1 Ltd.— Dairies, 3- 3- 3-10 $1.183A ; (increased quar.) Foremost 2-20 5 7a Extra 2-15 1 1 $1.15 Corp.- (quar.) Mfg. Dunlop Rubber, Motor, Class B 3-10 415c (quar.) Inc., (quar.) dividend (quar.)—^ preferred Duncan Steel 3- $1 preferred American deposit receipts 4y2% pref. Co. of Canada, Ltd.— Class A (increased quar.)_- 12-29 3- 462'/2c , preferred 4% (quar.) Ford Motor 15c common Bradstreet, 4'/27o Stock Ford Corp., preferred Follansbee 1 25c (quar.) (quar.)—— preferred & 2-15 6 440c Corp., common (quar.) 47a preference (quar.) Dresser Industries, Inc., common (quar.) 33A% preferred (quar.) Dumont-Airplane & Marine Instruments— 30c preferred series A (quar.) Dun (quar.) 35c Dravo (quar.)— (quar.) Drug 4 7c preferred 62 'Ac (quar.) Co., preferred 2-1& 50c System Inc., (quar.) Corp.— Commodore $4 3- 3- 1 (monthly)—— Cirbon Commerci.il Industries Chemical 3-29 Pictures preferred • (quar.) 4.90% 2- 3- 9 (quar.) .i—.— . Dover Dow 2-15 2-15 quar.) (quar.) (quar.) . 2-15 10c & Co. 3-16 9\ 1 2-20 430c 2- 1 preferred 3- Power 425c 3- 5 10c Milling _— 62V2c - Monthly; Monthly Colorado Extra 5c (quar.) Colorado Aircraft 50c (quar.t_. (quar.;___ preferred 6%- (quar.) Steel, Ltd & Chemical, Ltd., 3-31 3- 4.75% Investments, Ltd. 50c tlOc ; common Ltd. 87'Ac (reduced) (quar. Co. preferred • Ltd. A preference (quar.) Brothers, Ltd. Douglas 1-29 4.60% 8 45c preferred (quar.) Stores, Ltd. (quar.) $1 8 2- Florida -2-15 50c Extra Donohue 2-15 common 2-11 1 2- 3 7'A% Structural 75c 8 3 3- in¬ Dominion held) (quar.)____ & Dominion-Scottish 3-16 4-1 5% 2- 3- 3 2-15 1 37'/2c (quar.) (quar.)— preferred 3- 4$1.50 3- (quar.) Equipment, Colgate-Palmolive Co., (from (quar.) (increased Co., 4-1 - Co. Inc. Pepper Co. (quar.) Manufacturing Corp. Dominion Bridge $4 1 3- 25c 6% preferred (quar.) Flintkote Co., common 30c. ordinary (Interim) Fund, Dodge 10c (quar.) 2-16 2-12 25c (quar.) preferred Inc. 10c 1 3- 2-10 1 9c $1.12y2 - share A - 1 1 3- 2-19 3- 25c A B 25c (quar.) common Houses, 9 4- 3- Class 3-JO 15c 10c „, 35c Extra ; Products 2-10 2-10 3- Cochrane-Dunlop Hardware, class A (stock dividend)- (Two shares of non-assessable redeemable preference shares (20c par) $3.50 Dobbs (monthly; (quar.) Co. 1 '3-1 50c A rets, for Co., 8 When Holder* Payable Of Rec. 30c Extra Fitzsimmons Stores, Ltd., class 90c (quar.)—1 (quar.) Cement convertible 3- Corp. (quar.)---,-., (M. H.) Co. (quar.) $2 income) Cup 5% Dr. monthly) preferred Chemical for Dixie 3-5 87'Ac Yard Investment vestment 1-27 3-23 Per Share Stock 30c — Portland 2-15 Bank 30c -—_— Diversified 1-20 « $1.12 'A (quar.) Stock American dep. 2-24 3-12 (quar.) Distillers Co., Ltd.— 2-24 3-15 15c 20c <quar.)___: Common Club 2-11 1 Pittsburgh RR.—• 4% guaranteed (quar.) Clinton Foods, Inc., common Clorox 3- 36c (quar.) preferred (quar.) Mfg. (quar.) Lambert B Diamond (quar.) Controller, 4.80% Clayton Union 1 30c (quar.) 50c City Water Co. of Chattanooga— Clark class A stock 62'Ac (quar.) 3- 25c _ (quar.) common debenture Fishman 2-15 2-15 - , First 1 — ■ Name of Company u 2-16- 35c (quar. Lines—1 Air Dennison Mfg. Co., 8-15 - 50c Corp S. & 1 25c , common preferred Delta-C. 11-15 $1 Specialty 4'A 'ft 5-15 $1.25 Products City 2-15 1 (quar.) City Auto Stamping Col City 1 6- iquar.t Co. (quar.) preierred Cities 3- $1.25 (quar.) 33- 437 'Ac —_ ' 5% , 20c class A Holders Payable of Rec, $1.75 1— (quar.) Oil Co., preferred •Door-—1 Co., Inc. When Share 7% Inc.. 51 income. w net investment 12 Ill 2-12 z-v . The Commercial and Financial Chronicle 52 . . Monday, February 15, 1954 . (760) Share 50c of ComVany (quar.) Gull Mobile & Ohio RR. com. (quar.) preferred (quar.) preferred (quar.) preferred »5 $5 $5 Gulf Oil Gulf Power «i'ok (quar.)—-—---— Water 4- Oil B Class Class (quar.) common (M, Hanna B common Corp., Hnrnischfeger Harris-Sevbold Co., Hart-Carter $2 Hart, Co., (quar.) common __ convertible preferred (quar.) Schaffner & Marx (quar.) Electric Light, 3.90% pfd. (stock dividend) Hartford Fire Insurance (stock dividend)— Hartz (J. F.>, Ltd., 5% 2nd pfd. (quar.)— Hawaiian Pineapple Co., Ltd. (quar,)—— Hazel-Atlas Hecla Insurance Fire Hartford Co. (quar.) Glass (reduced) Co. Mining (quar.)__. preferred (quar.)—_. Hercules Cement Corp. 5% Powder, Hercules (quar.)_ convertible B preferred (quar.) 6% Products Corp., com. Steel Hercules Chocolate Corp. preferred A (quar.) Hershey 4ft% Hotels Hilton Corp., preferred 4% Hobart Oil Corp.—— Electrochemical Hooker Co., (quar.)— com. 6% Stores Corp., 4ft% preferred Hudson / 5% Pulp & Paper, class A 5.12% Humble Hunt Inc., Sash & preferred ._ Central preferred non-cumulative Zinc — — & Color Co., Ltd., com.— partlc. preferred (quar.) Imperial Varnish $1.50 conv. Indiana Gas Indianapolis Industrial 6ft % Silica, Ingersoll-Rand 6% Co., preferred Inland Steel Co. 22c from ordinary security profits International 2 Cigar 2-20 2-20 2- 3-10 2-25 Nickel 1 2-11 1 2-11 Landis Products Resistance 2-8 2-11 2-11 2-11 Lees 3-19 Lee 12-17 3- 1 2-19 Securities. 4% Engineering Co. Investment preferred (s-a) — Corp.. (quar.)_. Foundation, Ltd., 1-20 (s-a) Fund 3 Ley Electric Li'ght & Common (quar.) preferred 4 Libby, 5 Liberty Fabrics $30c $37 ftc 3- 1 3- 1 2-16 2-16 Libbey-Owens-Ford 4% Iowa preferred Power 3.30% 4.40% 4.35% Iowa 3.90% 4.20% (quar.) Light preferred preferred preferred Public 3.75% & preferred Service common Liggett & $1.50 (quar.)_ (quar.) (quar.) (quar.) 3-10 Lionel 2-25 3- 2-18 3- Co., common preferred (quar.) preferred (quar.) preferred (quar.) 3- 5 3-15 1 3- 1 2- 1 3- 2- 3-25 3-12 1 2-10 3- 2- 1 2-15 3- 5 3- 5 2-19 30c (quar.) 3- 2 2- I $2c 2-15 2- inc. Missouri Public 2 Missouri 5% 5- 1 4-14 3-12 2-26 Lockheed Finance (R. I.), 3-12 Long-Bell Lumber A class 2-28 2-15 3-15 3- 1 Lorain Coal 100% 2-19 1-29 Lord 4- 1 4- 1 3-15 45c 3-1 2-5 3-15 3-25 2-26 1 2- 1 — 2-18 2- 4 3- 1 non-cumul. 2nd preferred 7% Louisville, Henderson preferred 5% Lines Transit Angeles & St. 3-12 2-27 37 ftc 3-12 2-27 Morgan 2-19 2- 8 Morris 3- 3 2- 3 Stores, Special Lucky Co. Steel Lukens 2-26 2- 8 Mosinee 2-26 2- 8 3- 1 1 3-15 1 3-15 1 3-10 $1.08% 4- 1 3-15 Luminator-Harrison, Inc. $37ftc 3- 1 2- 3 3- 1 2- 3 2-27 35c 3- 1 2-15 Lunkenheimer 93%c 3- 1 3- 1 3-12 3- 1 2-15 Lynch 3- l $-ii Lyon 25c 3- 2- 1 (Mass.; (s-a 1 Co. 5 4- 3- 5 2-lff. 2-15 3-12 2-15 3-12 2-15 3- 2-11 2-15 1-29- 4- 3-15 3-10 2-19' 2-15 1-29 37ftc 30c $1.25 $1.15 50c 2-15 1-29 3- 1 2-11 4- 1 3-15 4- 1 3-15 3-16 4-15 1 2-15 1-29- 1 2-25^ 3-16 2-25> 3-31 6-15 5-15 9-15 8-14 12-15 11-15 2-10' 3- 3- 2 1 2-1L 1 2-11 3-31 3-15 $1.25 3-15 3- 30c (quar.; ^$1.50 34%c 3- 3 2-27 1 2-19 2-20- 3- 1 2-24, 3- 1 2- 62 ftc 4- 1 3-15 3- 75c 2-15 2- (quar.) Inc. (quar.) 1 37ftc 3-15 3- 1 $$1.19 t$1.25 3-15 50c Co 3-10 2-1T 3-30 3- 9 40c (quar.) 2-25: 59%c common 3-10 3- 1 2- t I 50c 2-27 2-11 Products 25c 2-26 2-15 50c 3-10 Wheel (decreased)—2 Corp. (quar.) Corp. (quar.)_. Corp. (G. C.) Co. 2-28 2-10' 2-28 2-10; 4- 1 3-15 30c 26ftc 3-15 2-11 3-15 2-11 37ftc 3- 3 2-15* 50c 3- 2 2-15 40c (quar.)__ (quar.) Muskegon Motor Specialties Co.— class A convertible $2 Investment preferred (quar.)— Fund, Inc.— ftc from (5ftc from ordinary income and realized Security 6c profits) Chattanooga & Nathan Straus-Duparquet, St. Louis Ry. National Acme Co. 2-15 2- % $1 3- 2- 9- Airlines, Inc. 4% 2-15 1-15 2-24 2- 9 15c 4-15 4- 5 35c 1 (quar.) Aluminate Corp. (quar.; 3-10 2-19 2-10> 1 National Automotive Fibres Inc. 1 National Biscuit Co., common 5 5 25c 2-15 2-15 National Container Corp., 1 1-29 50c 1-29 $1.25 common 4ft% 3-10 3- 1 40c 3-15 3- 5 4% % Gas Co., com. preferred (quar.) preferred (quar.) National Distillers 3-10 2-25 Common 15c 3-10 2-26 4 ft % 1 (quar.)„ convertible preferred (quar.) National Cylinder 17 ftc (quar.) (quar.) preferred (quar.) UKwwiHiWtt 1 4-15 2-26 2- 15c 3-10 2-20' 31 ftc 3-10 2-2(T 30c $1.06 $1.18% 3-10 2-15 3- 1 2-15 3- 1 2-15 3-21 2-11 $1.06 ft 3-15 2-15 Products Corp.— (quar.) preferred (quar.)— 50c 50c 25c 22- 3- $1.75 2-15 3-12 7% 1 50c Inc. (stock divid.) (quar.) SI 2- 2-15- 2c lc Mfg. National 2-15 8 $2.50 (quar.) 1 2- 5. 2- (quar.) 8 2-15 2- 1 Corp. Murphy 4-22 3- 1 Finance National 25C 3- 3- 2- 3-20 (quar.) 1 20c Munsingwear, Inc., com. (increased quar.)— 5ft% preferred (quar.) 7-22 (quar.) 3- 2-15 1 12 ftc common 5 4- 20c I5i; Products, 5. 3- 3-10 10-22 Corp. Metal Co. Extra 2-19 1 (quar.) 3- 4- (quar.) Mullins 2-15 1 2-15 Co. 5 4- 25c (quar.) Mount Diablo Co. 2-12 1 (quar.) 3 3- Mills 2-18 8- r 2-16. 4- Paper Motor 2-18 3-10 5- — 3- 1 Motor (2-13 11- Extra 3- a 3- Motor 2-13 3- $1.75 (quar.) 44- 2-15. 3- $2 $1.10 5 3-10 3-13 $1.25 Lines, Morrison-Knudsen 4 $1.75 —a 3- 3-10 Service— & Co. preferred 2- $1.75 (quar.) 2-29> 2-11 28c (quar.) Mills, Paper 2-18 5c Inc. 3-15 2-26 (quar.) (quar.) Co. (J. P.) 4%% Louis Ry. Co.— Co. 2-19 3-12 (Henry) & Co., Ltd.— preferred (quar.)—.— preferred (quar.) 5% (quar.) (s-a) Louisville & Nashville RR. 3-1 50c 4%% (quar.) (quar.) 2 2- Morgan 2-10 Nashville, non-cumul. 2nd preferred non-cumul. 2nd preferred 7% 2: 1 2-15 45c (quar.) (quar.) partic. preferred $3 38c (quar.) 2- (increased quar.) (quar.) Investors Mutual preferred Dock 5% 1 1 2- 3- 2-24 Co. common Tool Moore-McCormack Baltimore Hotel— 7% , (quar.) (Md.) — (quar.) Co. common & (Missouri) of Mills Moody's 50c preferred (quar.) Long-Bell Lumber Co. 2-12 1-29 3- 11V4C Corp Aircraft 1 2-19 2-19 25c 1 3-15 3 50c (quar.) 4- 3-15 3- $1.10 class A (quar.)— common— (quar.) Insurance Monterey Oil $37 ftc 3- 4-15 3- 35c (quar.) 1 2-26 87 ftc RR., Co. preferred 20c 50c 4-15 3-15 3-10 50% iquar.) 3- 3- 1 12 ftc ___ dividend) 3-19 1 3-14 Loan Society— 5 ft % 65c — (quar.) (stock Corp. $15c $75c 1 2-19 8 3- 60c (quar.) (quar.) Inc. 50c $4 2- 50c original guaranteed (quar.) B Loblaw, Local 1 3-15 $1 (quar.) common Groceterias, Ltd., Clas3 2-10 3- 10c 50% ; (quar.) Co. Co., Machine Monarch 55c (quar.) Virginia 4- 1-26 15c Cup Miami Loblaw 2- 1 1-35 3-10 1 2-15 2-16 60c — " (quar.) (quar.) Rubber Monroe Co Ltd. Service Co. preferred Monarch (quar.) — common Line, Cement Utilities Monarch Life 19c 1 2- 2-26 f75c t75c 2 15c __ (quar.) Co. (Robert), Portland 15c profits) pfd. Quarterly and — (quar.)— (increased; com. B Mohawk investment Pipe Missouri 2-15 3-15 2- 2-15 2-19 40c Corp., preferred (quar.) Quarterly Quarterly 5 2-26 3- 2- 2-19 5 2-15 *75c J75c (quar.) (quar.) convertible 2nd Mitchell 5 2-15 3- Co.— preferred preferred Class 2-19 $1.37ft (monthly) 1st Missouri-Kansas 4 2-19 2-15 3-10 6c 5c 50c Co $1.50 50c Co. Tobacco Piping $5.50 3-15 a. 2- 5 10c 50c (quar.) Mississippi Power, 4.60% 1 2-27 2-25 3- 25c (quar.) — Co. Minneapolis-Moline 1 2-1 20c 75c (quar.) Co. Corp. Mineral Mining Corp Minneapolis Honeywell Regulator Co. 5% 25c (quar.) Co. Special 2-10 SI.05 2-11 40c Chemical Corp. Little 2-15 1 97ftc 2-17 3- 50c 82Vic (quar.)__ 3-15 3 7 ftc Liquid Carbonic Corp., common 3ft% preferred (quar.)—, 1 3- 3-26 2-15 16%% (stock dlv.) Extra 2-5 3-20 Myers Lily-Tulip 2-17 1 35C 1 1 3-15 2ftc Petroleum Laboratories Miles be redeemed on Corp. preferred Link-Belt 2-1 1 3- $1.50 of (quar.) Midwest 5, 2- 3-16 3- $1.08% $1.11'A 15c (quar.) preferred Mid-West Abrasive 2-15 1 (quar.) (quar.) Extra 1 3-19 1 pfd. (quar.) Minnesota Pwr. & Light Co., (quar.) Co. Service Lindsay 4- 1-29 3- 25c (quar.) Glass 3.80% Mickleberry's Food Products 2-15 4- (quar.; Corp. preferred 2-15 2-11 3-30 45c 25c 25c 50c 95c 96ftc 97ftc (quar.) Michigan Steel Tube Products Co 3-10 120c Lily-Tulip Cup (stock dividend) Lincoln 3-20 50c Co., 7-21 10-21 12 ftc Y.), (N. Co., class A & Scott 3- , (quar.) preferred preferred 3.85% 3.90% shares pfd. (Va.), Libby McNeill & 5% , Y.)— (N. 4.45% 7-31 35c lft to & Co 2- 60c (quar.) 1 10-31 5c realized! security net (Fred T.) 8- 30c (quar.) 1 2- 4-21 4-30 4- net B Merritt-Chapman 25c (quar.) 2-19 Power Co.— Iowa-Illinois Gas & Electric Co., com. Class 35c (quar.) from 14c from 5c Los Iowa (quar.) Assurance Mid-Continent (quar.) & Sons (quar.) 3- 1 9- 1 18c Co. (quar.) Mfg. Co Merchants Fire 2• 29c — G.), Inc. 2- }75c common preferred (quar.) 4.80% <R. Co. 15c (stock dividend) Stores Mercantile Menasco in (quar.) Co. 35c 1 America of Stock Salt 15c ___ preferred (quar.) Telephone (quar.)_ Melville Shoe Corp.,.4%% pfd. A 9 29c — Brooklyn — (Quar. 2-15 „ (quar.;_ (quar.) 4ft% Lexington Trust Fund Shares— 5c Co.— Inc. Meadville 40c Portland Cement Gold Mines, Ltd Leitch 2- 1 < Extra Lehigh $1 (quar.) (quar.)_. common 4.35% Inc. D.) 1 2-19 29c (quar.) held, (James) (II. 4- 1 (quar.;— Ltd.— dividend), dividend Fabrics, Lea 2-15 1 1-29 62 ftc (Mo.; 1954 2, Le Tourneau 5 6-18 3- 2-15 3 3- common Title Insurance Cash 2-15 9-30 12-30 Co., share each Lawyers 2-15 9-17 35c 5 3- 3- Candy Shops—_— Jones, April 3-15 25c Interprovincial Pipe Line Co., Ltd. (s-a). Intertype Corp. for Ltd.— common 2-16 3- $$1.75 (quar.)_. (stock 2-11 Corp., 3-10 Corp., Metropolitan Edison Co., (quar.) & 3- 1 (quar.) 2-15 5c (quar.) Co., Ltd.— 1 (quar.) 2-26 $40c Co. A Class 1 Co. Reinsurance Inter-Ocean Secord Laura Lawson 8 6-30 $1.75 2-15 45c (quar.) Lanett Bleachery & Dye Works 1 (quar.) 2-25 75C Milling Inc. 6- pfd. 1-31 $1 Co. 2- Canada, 2-20 50c (increased quar.) (quar.)— Machine Co. McKay McKesson & Robbins, 55c - Stamping 3- Co Utilities preferred Inter-Ocean Bryant, Lane-Wells 3- 3 7- 1 7% 2-10 15c — Champagne & Machine 3-10 Corp. Silver Investment Lane 1 50c $1.25 $1.25 $1.25 $1.25 25c 3-10 5 8c common preferred $2.50 3- 16c (quar.)_ McOormick & Co. 3-25 Mead (quar.) Sessions $1.50 $3 Co. 5 and <s-a)_ & Lamson (accum.)_ of Co. International International Y. N. 6 3- 3-10 (quar.) (quar.) (increased)-— (quar.) (increased)— Machinery International Interstate 9 3-18 3-10 $1 (quar.) Bonding & Insurance 2- preferred (quar.)__ Lakeside Laboratories, Inc.— $1.16 preferred (quar.) $1.16 preferred (quar.) $1.16 preferred (quar.)—i Lafayette National Bank of 1-30 —— 1 7% 1-30 : 3- Woods Savers Quarterly International the Common t50c International Investors 2 3- of Life International Harvester Co., 6% 3- 3-25 Wines Salle 2-10 International Business Machines Corp. (quar.) $1.40 3-25 3-1 Ltd. 2-15 3- 2-26 J$1.25 25c 25c 50c 10c 50c $15c 30c $25c 35c 40c 62ftc 45c $1.06ft 37ftc $1.183/4 25c 12ftc Increased quarterly Lake 2-15 30c Marven's, Merchants Refrigerating 3- 1 — 1-31 4-15 2 from 2-15 MacWhyte Co. (quar.) Mallory (P. R.) & Co. (quar.) Marmon-Herrington Co Marquette Cement Mfg 3-15 20c 8c 9 4-15 (quar.) and 4- 20c (quar.) 3- Ltd.— Co., (quar.; common 1 Insurance income 1 Co., 1 2- 2-15 Foundation Fund— Institutional Shares. Ltd. 5- -Macmillan 5- Life (quar.) 8 5- 2-16 (s-a)— 2-15 2- 6 ftc 1 preferred 1 1 $1.75 3- common 33- Steel (quar.)__ $1.50 35c A Structural preferred (quar.) 75c class Water, 1st 5% McColl-Frontenac Oil Co., Ltd., com. Co. (quar.)— Co. Water & 2-15 Massachusetts $3 $3 (s-a) Co.— 2-15 3-15 25c (s-a) non-cumulative preferred Illinois 3- common 2-11 Co.— RR. 2-15 (quar.)_ 2-25 55c Co., common 7 3- 44c Co Forge Leslie (quar.)__! 5 5- preferred La ' Mfg. Co.— preferred Press Power 6% 6% v (quar.) 1 6- preferred 2-25 3- 2 3-30 2-26. 2- 1st 3-10 37Vic (quar.)_ 2-15 1 1- A 3- MacKinnon Co. (quar.)__— (S. S.) Co. (quar.) Kropp 2- 5 3- 9 1 Corp., (quar.) 1 pfd. 2- 3-15 Chemical preferred 6 60c 2-15 2-26 2-19 (quar.) 4- Co., 2-19 2-26 3-10 30c income 3 3- a 50c Co. 3- from 3-15 12-30 50c (6c 3-19 3-31 3-10 2nd 2-15 2-15 3- 3- 2- 1 4- 3-15 7% 2-15 2-15 2 3-31 3- 1 3- 1 2-26 35c 2-20 2-27 2-19 6% 1 1 3- 2- 3-26 15c gains) Kroger Company, 2-15 3- 2-15 $1.25 3-10 24c Corp. 40c Co. 2-11 or (quar.) (quar.) Fund H.) shares in Ltd. (quar.) capital (S. 3- 35c common convertible Illinois Kress 12ftc 12Vic (quar.) preferred preferred Idaho Kresge 3-15 3- 15c (quar.) 6% 2-11 1 3-10 (quar.) preferred Hydraulic 1 4- 57c (quar.) Co., Door 5% 5% 3- 3-10 2-25 50c Koehring — (quar.) 5% 5% 3-10 2-19 3- 1 3- 1 3- 1 (quar.) Co. common Peanut (Tom) KUttig Knudsen 3lftc 31ftc 32c (quar.) preference A (quar.) 5% 2-15 3-8 preference Huston 2-15 1 t$l (quar.) (quar.)— B Refining & Foods, 5% 1 3- payable Co. Creamery from Lansing (quar.) preferred Oil 2c securities Inc. Lighting 1 (special)— Co. & County 3- 2- 2-15 1 1 120c 3-15 3- gains from the Wire Steel & Knickerbocker . 3- 3-15 3- 1 (quar.) 50c _____—$1.06ft 4.25% preferred (quar.) —: $1.06ft May Department Stores Co. (quar.) 45c $3.75 preferred (quar.)— 93%c $3.75 preferred (1947 series) (quar.) 93%c $3.40 preferred (quar.)— 85c McCord Corp., common (quar.) 50c $2.50 preferred (quar.) 62ftc Mclntyre Porcupine Mines, Ltd. (quar.) $50c 5 3- 3-15 4- —— 3-20 15c income) 2-15 1 1 2-16 1 $15c S3 75c 3- 1 Conveyor $1.18% (quar.) Kings 3- Mathews 28c — Kinney (G. R.), Inc., common (quar.) $5 prior preferred (quar.) 4- 3-15 1 1 4- 25c cash 50c preferred 1-23 l1 Service 4- 1 2-15 3- Material 5 (quar.) (increased quar.) com. 1 1 2-15 $37 ftc 2-15 — preferred A (quar.) (quar.) (Walter) Kidde Ltd.— Quarterly —__ (from net investment Keystone 1 5 $1.06ft 15c (quar.) Bay Mining & Smelting Co., Hudson 23- 37 ftc (quar.) common ; Canada, Ltd Organization, Inc. convertible Fund 2-15 3- Massey-Harris-Ferguson Keystone Custodian Funds— Series K-l Keystone Income Preferred Stock 3-22 3-15 s 2-27 3- Keyes Fibre Co., common $3 class A (quar.) 35c — (quar.) Hublnger Co. 2-19 3-19 3-15 6 25c preferred (quar.) Kerr-Addison Gold Mines, Ltd. (interim) Kern County Land Co. <quar.)_____ Kerr-McGee Oil Industries, Inc.— ,2-15 1 3- 3-15 1 1 3-12 4- 1 3- 1 3-26 2oc net long-term capital of 2-25 3- 13%c L_; Trust 3- sale 2-16 2-15 3-15 $1.06ft (quar.) (quar.)_. preferred (quar.) Investors 40c __ 1 2-25 3- $3 3-10 From 5 Inc.— 25c 4%% 3-19 1 pfd. 1-25 35c . (quar.) Co., ,4%% 2-26 2-15 27ftc 35c 30c 30c $1.25 (quar.) Co Corp. 4- 2-19 4- Masonite 37 ftc 1 & Massachusetts (quar.) 3- 4- 2-12 2-12 12-15 Kent-Moore 3-15 1 1 (quar.) (accum.)_ (quar.) convertible 33- 1-3-55 Kentucky Utilities, 2-12 5ft % 62 ftc 8 7 ftc 3-18 1 Marshall-Wells 4.25% 2-26 4- 2-15 2-11 Mathieson 1 2-25 1 2-27 9-15 4- Co. Mary Lee Candies, of $1.20 3- Field 6-15 Kelvinator 3-26 Marshall 1 2-16 4-23 2-15 preferred 1 preferred Common 1 87 ftc Kelsey-Hayes Wheel Co. 3-26 3- 5% pfd. common Maxwell & More Inc. (quar.) Corp., common (quar.) 2-15 7- 3-19 4-23 Manning, 1 10- 1 1-21 2-26 5% Co., 3-10 $1.433/4 25c 37ftc $2.50 (quar.; Shirt 3- 87 ftc 4- 2-15 Manhattan 87 ftC preferred 1 5 46 %c preferred (quar.) 3- 3- preferred (quar.;__ 3y2% 2-16 1 5ft % Corp.— (quar.; 3ft% 3V2 % 4- (quar.) common 3-25 6 5 Co., 25c 2-11 10c (quar.) Co., 3- (quar.) 4 $1.25 (quar.)—— Corp. Hovlng Howard preferred $1.50 Service Public 3ft% 56ftc 30c 5% pfd. (quar.) $2.25 pfd (quar.) Co. (quar.) HardartCo. (N. Y.), Houdaille-Hersliey Corp., Houston Light & Power Housatonic 1-22 62 ftc (quar.)_ preferred Horn & Kellogg 1 _ 3-12 $1.06ft $1.05 preferred (quar.) — $4.20 preferred B (quar.) — Hormel (Geo. A.) & Co., common (quar.)— $4.25 2-15 4- RR. Service $1 : Sugar Co., Ltd. 1 Public $1.12% B (quar.; Central Maine • (quar.). (quar. I Co. Maine 2-24 Marathon _ 2-26 15c 40c 50c 50c ■> Co. Magnavox 1-15 3-10 class 2- 25c Ltd., 2-20 $7 ftc iquar.; Corp., 5%% preferred (quar.; Mackintosh-Hemphill Co. (quar.; 3 95c (quar.) (initial) Company Kekaha Co. Bloedel, 3-11 62 ftc Vegetable Parchment Co. Keller Tool 5 5 2- 5c Co Macco 2-19 2-17 32 ftc 4-20 50c (quar.)— Co. Mfg. Honolulu Kawneer 33- 4- 30c (quar.) common (quar..)— & Co. (quar,)—1 (Charles E.) Hires 2-15 2-19 3-10 C.» & $1.25 Chemical 4-29 $1.09% 75c 31c 12ftc convertible 2nd preferred (quar.) Hey wood-Wakefield Co., common (quar.)— 5% preferred B (quar.) Kigbie Mfg. Co., 5% conv. pfd. (quar.) 1 3- — $4.37 ft Kalamazoo (quar.) 3-10 (R. 50c (quar.;____ & preferred preferred 2-15 12ftc (quar.)_— 2-15 3- 53ftc Kcyden Chemical Corp., common 3ft % preferred A (quar.) 1 3-12 50c 40c 48%c 25% 25% $1.25 20c 30c 5c 25c $1.25 5c 30c (quar.) Hartford 2nd 3-12 10c common—— 5% 3- $1.12ft (quar.)_— preferred 4ft% Common 2-25 3- $1-50 40c 5% 40c (stock dividend)— Co. Chemical Harshaw 2-26 2-16 3-10 3 (quar.) common Aluminum MacMillan Mahon 2-15 (quar.)_ com. — Kaiser 2-25 15c (quar.)__ Laughlin Steel Corp., 3-10 3-15 s-a; preferred (quar.) 4ft % preferred (quar.) 2-26 2-25 1 85c .___— 4% 3-10 Payable of Rec> Share Woodworking 35c (quar.) preferred A M 35c (increased Y. N. & 30c __—— Joy Manufacturing Co, (quar.) Kansas City Power & Light Co.— 3.80% preferred (quar.; 5 12ft% 50c (quar.) preferred 6% 2-10 5- 5QC $1.06 ft preferred (quar.) — ——— Hanover Bank (N. Y.) (stock dividend)— Harbison-Walker Refractories, com. (quar.) Stock dividend — — 1 3-15 50c $4.25 2-23 of M Holdert When Per Name of Company 1 3- $1.25 (quar.) Co., common (s-a) Johnson & & 5% 2-15 5-15 35c 15c 15c —— Corp. Jones 5 ^5c j-_ 1 2- 25c $1 (quar.)„ A com. Co., class A.) 3 2-15 +»■>■£> preferred (quar.)-—— (quar.)—---—Hammond Organ Co. (quar.)— Hancock Oil, class A common (quar.)—— 1 5- 3- $|L« convertible 4% Jervis 1 3-10 45c $35c Hammermill Paper Co. 2- 6- Water Halliburton 1 3- Co. (quar.)—. Well Cementing (quar.)—Hamilton Cotton Co., Ltd., common (quar.) 5% preferred (quar.) —— 5% preferred (quar.)—— Hamilton Watch Co., common (quar.) Kackensack 2-U 3- *£0c Quarterly preferred Jersey Ins. Co. 3-15 1 7% Johnson Aiabastine of Canada, Ltd.— Gypsum Lime & 1 3- $1.16 44c preferred (quar.)— 4.64% Co., Guilford-Chester Jefferson Lake Sulphur 5 2- 2- 2-15 50c Machine Co. (quar.j Knitting Mills, 5% pfd. A (quar.)__ Jaeger Jantzen Holders Payable of Rec. 35c (quar.) Ga3 2-20 3 12 3-10 —--- Share Name of Company Jacksonville 8-23 9-10 *c\r (quar.t Corp. Payable of Rec. 3-12 2-25 5-21 6-10 When Per Holders When Per Name (quar.) 3- 9 5 Volume 179 Number 5299 The Commercial and Financial Chronicle •. . -J Per '' " "" Name of Company National Drug Ltd., & Chemical '* ,,ki Co. of •'L< • preferred Steel Castings (Cash dividend) Presto Industries, National Screw & Securities National Mfg. Stock Ser. investment is (from net invest, inc.) Series Tank National Tea except of for Co. Cement Mur Fibre 1 2-11 3-31 3-13 Pacific 4- 3-19 Pacolet 1 Pan Co. 2-26 2-17 4- 3-15 1 2-25 4-30 1 $5 35c 3- 2-16 Parmelee 3-15 2-26 Paton 2-15 2- 2 7% 3-15 3- 5 Peerless 4- 3-15 1 1 2- (increased). pfd. (quar.) 2- 1 Penn 2-15 2- 1 5% & (quar.) preferred (quar.) Pennsylvania 8 4.40% preferred 2-19 4.05% & Hartford preferred (quar.)— 3.70% preferred (quar.) Pennsylvania Engineering Corp. 2-15 3- to 3 Common 00 1 75c 4- 1 2-26 $1.50 (quar.) 4- 1 2-26 75c 3- 2 3- 2 3-26 3-15 shares (stock dividend) Drug common (initial) Participating shares Company tion has date dends paid the 50% two Feb. date is the 26, Feb. preferred 4Vi% Share Ferrous Non American Nopco Metal dep. Chemical Norfolk North 6% preferred Shore Co. North Carolina RR., North Central Insurance Northeastern Water $2 preferred Northern 1-19 4- 1 3- 5 4- 1 3- 4- 1 5% $1 $1.33 34 %c 85c Co (s-a)„ Co. (N. $3.50 25c __ 3-15 4-12 dividend Northwest 3- 1 2-18 2-11 2-20 ... 2-15 2- $1 3- 1 2-15 3- 1 (quar.) 514% preferred (quar.)_ Gold payment ings Ogilvie Ohio Ohio of of Edison 7.2% Co. Natural preferred Inc., Onondaga 7% 2-15 (quar.)__ 2-27 $2c 3-10 2- Corp. 3- Rio 3-19 Richfield 3-15 2-27 Riegel Textile 3-15 2-27 3-12 2-26 3-12 2-26 2c 2-20 2- 4- 1 1-15 3-15 2-20 3- 2-20 3- 1 2-20 $1.17 Vi $1.12Vi 3- 1 2-10 3- 1 2-10 3- 1 2-10 $1.02 92Vic 3- 1 2-10 3- 1 2-10 Potash I 2-18 4- 1 3-15 4- 1 3-15 3- Gas 4- 1 3-15 50c 75c $1.50 4- Price National 2-26 2-15 Procter 3-10 2-11 Public 3- 1 2- 1 3- 2 3-15 3- 5 3- 2-19 1 1 2- 8 (quar.).*.— (quar.) * .— (stock dividend)— $25c 3- 1 2-15 3- 1 2-19 3- 1 2-19 $1 3- 1 2-15 25c 3-10 2-25 50c 3- Co., Paper 4 'A % <quar.)_ 2- 8 2- 5 3- 2 2- 1 2-19 $1.75 3- 1 2-19 3-10 2-10 1 3-15 4- 1 3-15 3- 1 40c (quar.)__ $1 $25c common — Royal Oak Dairy, Ltd., class A 3- 2-15 2 Royal Typewriter Co., 4y2% preferred 5% preferred (quar.) 3- 2 2-15 3- 2 2-15 3- 1 2-11 3- 1 2-12 2-15 1-29 1 preferred 1 3- 9 12Vic 12Vic 3- 1 2-15 3- 1 2-15 25c 3- 1 2-19 4- 1 (quar.) (quar.)__ & 4* $1.12V2 5 4% Whitehall Stores, RR. Co. Inc., $103 for Safway St. redemption Steel 3-12 2-15 60c $1 4- 1 3- 4- 1 3- 3* 4- 1 2-15 Public Gamble & 2-17 Providence $2 3-19 2- 1-1« 2-15 Public 2-20 2-15 1-16 2-15 3- 2 37 Vic 3- 1 1 3-15 1 3-10 1 1 2- 3- 3- 8 2-18 65c 3- 1 2- 5 1 2-15 2-19 12-22 3- 2-15 2 1 4-15 25c 53Vac 3-12 2-26 4- 3-19 2% 3- 1 April 1 Pacific-American Substantially capital Investors, *11 derived Inc.— from gains ' 1 St. at 25c — preferred Co. preferred 5% Puget " Pure 3-19 2-16 2-26 70c (quar.) Francisco Louis-San 2-15 5% 2- 1 common——62Vic Ry., convertible •5% preferred 3-15 3- 1 $1.25 3-15 3- 1 $1.25 $1.25 $1.25 9-15 9- 1 12-15 12- 1 25c 4-17 A (quar.)— Service Co. preferred preferred Service convertible preferred A (quar.) 5% convertible preferred A (quar.) convertible St. Paul 2- 1 5 Fire Regis Paper 1st $4.40 Sayre & Fisher 3- 1 2- 4 Sobering 4-15 4- 1 2-19 1 2-19 Scott & 4-15 3-31 Scott Paper 4-15 3-29 $4 4 Scotten 2-15 3- 1 (accum.) 2-15 2- 1 2-15 2-15 2- 1 2-15 2- 5 3- 1 2-15 3- 1 2-10 133/4c 3- 25c 3- 2-16 1 Co. (N. Ltd. & Co. (quar.) — «. (quar.) New New Seagrave Corp. Securities 1-29 2-24t 1 4-17 5- 1 3- 3 • 5% preferred Sound Oil Co., A common 1 2-11 3- 1 2-11 4- 1 3-19 4- 3-183-18 45c 3- class A tquar.) B — 2-15 3- 1 2-15 Shasta 3- 1 preferred (quar.) Corp., 2-25. 2- 5 3-15 3- 1 10c common 31 Vic 23c (quar.) 4- 1 4- 1 3-15 3-10 3-10 2-25 3-15 2-25 10c 2-15 2- 25c (quar.) Water Co . 2-15 2-1 1 4% Water & Power Co.— (quar.) preferred series A (quar.) *30c :50c 4y2% preferred (quar.) $56Vic Shawinigan 2-15 $25c 2-22 2- 8 1 Class A 3-31 3- 1 Class B 3-31 3- 1 3-31 3- 50c 3- 1 2-15 87 l/2c 27c 3- 1 1 2-15 3- 1 2-15 Mfg. Sheller Sherman tquar.) Products preferred Co., 1-29 2-15 1-29 Shoe 2-15 2- 1 3-15 3- 1 2-15 1-29 50c 3- 1 2- -fl.25 4- 1 3-10 4 2 3- 2 3c Co. $4.50 preferred A preferred B Optical 3-15 3- 87y2c (quar.) of 2-15 1-25" 3- 1 2-15 5- 1 $1 Canada, Co. $35c Ltd Corp. of America, class A com. Shuron 1-29 2-16 —*— common 25c 51.12/2 $1.12y2 tquar.) (quar.) tquar.)— 2-27 3-15 2-27 3-15 25-27 3-31 3-16 3-10 2-15 15C — com. 9 3-15 35c • (quar.) Signode Steel Strapping Co., 5% preferred quar.) 4- 5 15c (quar.) Signal Oil & Gas. class A Class B (quar.) 1 l-2» 2-15 3-12 (quar.) Sherwin-Williams 2-15 3- 2 37'/2c (increased quar.) Corp. 1-18 2 *50c 1 Sherwin-Williams 4% 2-25 44- 2-15 (S-a) — 2-15 3- series B Winnipeg Brewery, Ltd.— Shea's $1.25 —— J 2-15 3-10 37y2c 3- 2-10 30c Inc. Servomechanisms, 1 60c (quar.) (quar.) 1 3-19 3-18 3-15 Acceptance preferred 1 4-10 4-10 (quar.) (quar.) 3- 17c (quar.)— 1-29 (quar.)_ $4.50 Power & Light Co.—_—— 4-1T 2-15 4-10 & Co. D.) (G. Searle 5% 84c (quar.)—* 8 50c Serrick Corp., Mexico— (increased) 2- 3-10 5- $1.4334 Co. Surety 1-22 $1.35 (quar.) of 7-2* (quar.)— Hampshire— (quar.) 4-20 2-15 3- (quar.)— common (quar.) (Del.) Seaboard 2-15 I com. Co., preferred $5.75 2-15 30%c Indiana, 1 8- 2 45c 53c (quar.) A convertible preferred $2.12 2-10 Gas— . 5- 9 15c $1.12 Va — Finance 12-10 35c $1.02 $1.17 Vi 2- 91 Vic $1.07V* (quar.) (quar.)— Common (quar.) 4 30c (quar.) preferred $4.50 Seaboard 1 50c (increased). Co., tquar.) Co. (quar.) Common Class (quar.) 2-15 3- Scruggs-Vandervoort-Barney, Inc.— 2-23 $1.05 $1.06y* $1.12Va 2-23 1 Co.— $1 Y.) 9 3- 75c 85c $1 (quar.) common preferred preferred 4.30% 65c (init.) (quar.) (quar.) (quar.) of Mfg. 3.65% Seaboard Oil iquar.)_ of Scovill 3- 27'/2c 27y2c — (extra)— (quar.) Dillon 1 2-15 30c (quar.) (quar.) A A preferred preferred 4 2- 2-15 Co., 1. 6- Co. Co. Fetzer 2- 25c iquar.) —' preferred preferred $3.40 2- 2-15 22y2c — (quar.) 5y2% 2-16 1 Brick Schwitzer-Cummins 3-15 O 5c Corp. 3- 2-15 * 25c Corp. Arms 2- 1 5-15 65c Savage 4-10- 1 4- 1 Ltd.— Assn., Liquidating 5 5 5 Vu % 3- 14c Loan 0- 6-15 14c 2- 3-15 37'/2c $1.10 (quar.) A—— (quar.) Remedial Francisco 2- 45c preferred series (quar.)— Quarterly San 1 3- , (quar.) A Insurance common Transit Antonio San Co., preferred 1 20c 7 l/2c (quar.) Trust preferred Marine & 3- Corp.— preference preferred Common, long-term 25c 3 Con¬ ; (quar.) Co. Paper 3- 25c & Electric 4.90% 3.35% 4- 11 Vic 5c (quar.) 1st Transport Service 5.40% a7 V2 % 37l/ic (quar.) preferred preferred Public Co. Co. preferred Public 2-15 2-25 2-11 15% 3 Vi % 2-15 3- 3-1 Croix 20c (bi-monthly) (quar.) (quar.) (quar.) 4.32% 2-15 3- 2-11 of Colorado— Co. dividend 4.70% 2-10 4- 2-11 1 Washington Insurance Co.— Service 4.08% 2-10 2- 1 3- 20c ■ tquar.) Bank convertible Provincial 8 3-10 -3- 50c dividend Service 4%% 1-29 3- 25c $1.75 America preferred preferred $1.25 1 issue (entire on 25 Products 10c (quar.)—__ common March to 2- — share plus this dividend. per 2-15 $1.12Va (quar.)— preferred (quar.) convertible preferred called 3-10 $1 (quar.) 4y2% 2-25 3-10 $15c common— Aeronautical 1 3- (quar.) com, (Jacob), Ry.— (reduced)— Mfg. of 4V4% 90c (quar.)_J„ 3- 3-15 $$1.06 Ruppert 4Vi% 15c Ry. Ashtabula Corp., $1 conv. class A 1-29 $1.10 $5 preference 2-15 Inc.— (Ky.), (quar.)--, 50c (quar.) Corp, 2-15 (quar.) Paper Co., 2-12 1 3- 15c. 10c 37Vic •' $62Vic (quar.) Roy Crown Bottling $1.25 Inc. A preferred (quar.) Oxford 2-13 3-1 $$1.06 V* — ' - ' 5 3- 4- $1.25 (quar.) preferred 2-15 $1.25 Ltd., Co., 2-19 2-26 (quar.)— (quar.) A 3-10 37V2C (quar.) (quar.) common 2-20 5 50c (quar.) (quar.) preferred Rolland Axle A Haas Co. common preferred $1.37V2 & America 4.20% 50c 2-15 — Packing Co. (quar.)__ Special Roxy Theatre, Inc., $1.50 pfd. (quar.) Royalite Oil Co., Ltd 2-15 $1 Coke 1-29 37'/2C 5 3-30 $1.02y2 (quar.) F Rosefield 37'/2c 2-15 preferred (increased) ' & 4% St. (quar.) Co., Co. National Stock 8 3- : 5 3- (quar.) & Co., prior 10% & Metals Pressed preferred Co. pfd. (quar.) of 2-15 1 & preferred Rohm 2-15 $$1 common Cable Steel Co. 2-15 $1.12y2 Spring Ltd.— (quar.) class 1 Public (quar.) — (quar.) Utilities $4.40 Marine,-A Mfg. Inc., Co. 2-26 3- 5 3- 3-15 Corp.— Manufacturing 5% , series Ages Corp. iRockwell 12!/2c —— (quar.) 4J/2% Corp., convertible 2- $1.12 Vi common : (resumed) Co. 5'/a% 2-24 1 25c preferred .(quar.) 1 9lV4c 983Ac (quar.) com. (quar.) Preferred 1 3-31 3- 3-15 — (quar.) Rockwell 1-29 3-15 20c (quar.)— of 2-15 $1.183/4 Electric & preferred Rock a 40c (quar.) preferred preferred 3- 37Vic 25c common 4.75% 8- 25c (quar.) 1 4- 3- 5% (quar.) (quar.) Power Co., 3- 3-15 preference vertible (initial)—. Inc., 4.10% 4% 1 3-15 50c (accum.,' class A Rochester Gas 3- $1 (quar.) 3-10 Co.— Myers, A 2-16 2-15 60c participating preferred (quar.) Participating Robinson, Little & Co., Ltd., com. (quar.)— Class 3-15 3-15 (quar.) . 1 9-19 5c . $1.50 1 ... Portsmouth 5 & , 75c common series A Cement Robbins 3-10 2-15 $1.75 (quar.) Corp., $1.25 partic. 1 40c $75c Corp. preferred 2- Fuel B $1.40 dividend) $4 Riverside 1 Valley Gas (Texas) Oil 2-15 Wire West Virginia Co., Portland $$1.75 (stock Grande 60c (quar.) Pope & Talbot, Inc., common 6% preferred (quar.)— 5 $3.60 Outboard 1-29 Safeway Mining & Class Co., Ltd.— common 2nd preferred Tool Polaris i $25c Corp., 9-19 1 5 2-10 $1 (quar.) convertible 1 3-10 25c Products Mfg. Tail 3- 5 3-15 20c preferred 1 10- 5 & Pocahontas 6iy2c conv. Falls 4% % Plomb 2-15 (quar.) . 10- $1.75 3- 30c common 6-19 $1.75 3- (quar.)— dividend Stock 2- $1^10 (quar.) Opelika Wire 2-15 A Oswego Plastic 1 59 %c 3-19 preferred (quar.) preferred (quar.) 2-15 Youngstown 1 $1.14 1 1st 3-31 preferred 3- $1.12 y2 (quar.) common (quar.) preferred 7% 2-25 (quar.) Inc., A Pittsburgh, 121/aC (quar.)__ 4- 2nd 3-31 preferred 3- $25c Pottery Co Common 5 A 4%% Ontario Steel 2- $$1.75 (quar.) 3-19 $1.75 3-19 3- _ —v $1.25 Gas, Industries, Omar, 2-25 Africa (quar.) Co., 4%% pfd. preferred (quar.) preferred 45C 3-12 1 6-19 40c 25c Pittsburgh & 1 deducted. (quar.) 4.92% 4% be (quar.) preferred Olin 8 2-23 Non-resi¬ preferred cbmmon 4.34% Otter will Power 4.40% 2- 3- 2- $1.68 4- 1 35c (quar.) semi-annual 75c Co., 4.56% Co., preferred Oil Oklahoma 5% shares. Union of South the rate Match 5% Ohio Ltd., Amer. shares a dividend of 12 shill¬ is Flour Mills, common preferred (quar.) 7% Ohio tax the 2-18 $4 Poor U- 2-13 40c (quar.) 1 Ryan 5«/2% preferred (quar.) 5% .preferred (quar.) | 8 25c (interim) Ltd. ordinary the on dents' at Mines, Copper Co., Above 2- 2-15 $1.31'/4 (quar.) Ltd Sugar, O'Okiep Co. 1 1 2-25 Pittsburgh Steel, common 8 25c Pharmacal •O'Brien ZL 2-19 2-13 3- 7- 3-10 Pitney-Bowes, Inc., common 4V4% preferred (quar.) 22'/2c common 2-19 5 3-10 , 4- 65c (quar.) Engravers & Electrotypers, 52V2C Service, (quar.) Paper Co. 3-29 15c (quar.)_.. Petroleum Co. $1.12»/2 (quar.) 5 3- $1.12 Vi ; (quar.) preferred Rutland Piper Aircraft 2-15 8 3- 60c ( 7- Suburban Transportation— Increased 2-18 2-18 60c 50c quar.) quar.) 2-15 50c Interim .1 2 19 $1.50 common preferred Norwich 2-19 Pinchin, Johnson & Associates, Ltd.— 7-21 $1 2-10 $1.75 2-18 Pittsbury Mills, (quar.) 4Vi % Gahu Photo 2-12 » 1 Tobacco— 5% 2-26 1 3-10 3- $1.75 1 Phillips Packing 2-26 3-20 00 9 50c Inc Brass, (quar.) 3- preferred preferred Phillips 5 2-25 10% Public 2- 3-20 3- 3- preferred 35c common $3.95 Y.)— Lumber preferred 2-11 $1 dividend) Bancorporation, Northwestern 5 25c (s-a) , Redwood 4.20% 1 Corp.— Insulated 1 preferred (quar.) 3-12 preference 4r 1 3-10 25c Stock Northern CO $1 (quar.) — (cash 3- $1 9 $1.12Vi 2-l» 1st Corp. Philadelphia Philadelphia 3- 2nd 5 75c common (s-a 1 Semi-annual (quar.)__ (quar.) com. (Hartford) Co. 2-15 1 2nd 25c Co. 4- (quar.) preferred (quar.) (quar.) Co. Mfg. $3.05 Co., $4 prior pfd. (quar.) Insurance pfd. (quar.) Gas Trading 1-30 25c (quar.) 7% 3- $1.12Vi (quar.) Philadelphia Suburban Water, (initial) guaranteed RR. Northeastern 47'/2C 37y2c Oil Pennsylvania Pheoll Ltd.— preferred 7% & Phelps Dodge 20c quar.) (quar.) Texas North (quar.) (quar.) Gas Plaudler distribu¬ ordinary Ry, Co., Inc. 2-13 2-15 7% 10c 25c (quar.) Gear Co., 7% participating class A New Investment, preferred (quar.) 5 V2 % $1 $1.12'/2 receipts $4 Petroleum 1 93 %C (increased Co., Paul, 1 3-11 7% 2-19 75c Philadelphia Electric Co., common Products, Western & 9- $1.12y2 American North common— (quar.) preferred Petersburg & Hopewell 1 18. (quar.) Corp. 9-14 Peter beiHg (quar.) preferred Niagara 1 Machine & Perkins divi- as new 7% 1-29 1 shown (quar.) preferred $4.50 $1 stock issues New York State Electric & Gas, com. 33/i% Pa.), (quar.) 4Vi% Corp., & 5% (quar.)_ Bottlers Co. Circle Perfex 1 3- 3-15 1 2-15 2-10 3-12 4- $1.06 Co. (quar.) Pepsi-Cola General distribu¬ Formerly announced on tion the 9- 2-18 $1 the on 9-14 1st $1.25 $1.12Vi (Butler, 2-13 3- 50c (quar.) (increased Rockwood preferred 4Vi% 1 50% I advanced for above. dividend) (initial) common 3- $1 (stock (initial) common 3-12 7% 50c Stores Peoples Telephone 2-10 $1 New 50% 2-18 2-25 3-15 3- 25c (quar.) Pepperell Mfg. $3 (accum.) (quar.) (quar.) preferred (quar.) Peoples 2-15 RR.— preferred A —-— preferred $4.50 2-15 $2.50 (quar.) 4.24% preferred (quar.) Pennsylvania Water & Power Co.— 2-15 3-15 1-20 1-2» 1 (quar.) common Co., common preferred (quar.) 4Vi% Pennsylvania Power Co.— 4 Inc., Mfg. Rhinelander $1.10 (quar.)*. 1 2-26 57Vic pfd. 4.70% 3- $5 (initial) ■ Electric, 3 3- 25c preferred (increased B Rheem 2-25 62Vic preferred 1 1 3-16 3-10 Class I2V2C (quar.) common 4- 3- 8 3- 2-15 30c 37Vic 1st (R. J.) Common 5-10 25c 1 (quar.) 40c (quar.) common \ Co., preferred 55c 2-15 2- $35c preferred— (quar.) common 4.50% 2- Reynolds 1 3-1* 75c (quar.) (quar.) Copper $20c . «. 7% 5 4- (quar.)__ ... (quar.) 8 (quar.) New ■ Ltd., Fruit 4.60% 1 Services, Telephone Co. 2- 1 2- 25c Laundry 4% 834c 12V2C (quar.) (quar.) — 3- 2-18 Revere 1 1 7% (quar.) 1 3- 2-15 1 1-1» 4- 87Vic (quar.) Rand, preferred $4.50 5-17 7VaC common 1 10c 1-20 2-15 $1 3- Dock— Dry 2-15 $1.25 Corp. Co., 3- 17V2C (initial) (quar.) Cement Co. (quar.) .2-2® Rice-Stix, Inc.— (quar.) Ltd., Co. Remington Co.— common 4- 3-10 Reading 3-19 3- 62V2c $1 50c 3 1 2-15 Shipbuilding Corp.— Founders New Line (quar.)— preferred Perfect1 New Pipe Transportation Co. Penman's, 2-15 3- 2- lrl* 3-15 2-25 20c Ray-O-Vac 20c Inc (quar.) Peninsular 2-26 3-15 4- 10c tquar.) Special 1 3-10 82y2c 2-16 Raymond Concrete Pile Rayonier, Inc. (quar.) $1.50 Airways, $1.01 V* Co. Dock Co.,-common (year-end) non-cumulative preferred (s-a) York Eastern Mfg. Co., Peerless 2-27 60c York New pfd. Drugs, Inc.— participating preference 1 3-15 2-15 1 $1 World preferred 3- 2-15 1-25 3- 3-31..* 50c $30c (quar.) of America— convertible 1st preferred $3.50 Parkview 3-12 50c Haven 4% Corp., (quar.)—+ 2-10 5- 1-25 2-15 35c , (quar.)__; Corp., 37y2c (quar.) Shipbuilding convertible Oil preferred 4% 2-15 $1.50 Park Chemical Co. 40c (quar.) Co. (quar.) Co. American Common 1-29 1-25 $1.50 Panhandle 2-15 2-15 50c Economic Palestine 1-29 2-15 13c Radio Corp. Red Owl Stores T Mfg. Quebec Power Co. 1-25 Express— Corp Co. Western 1-25 2-15 Holders Payable of Met* 35c Extra Mills Pacific 20c (quar.) preferred New 3- $1.06 Vi (quar.) N. Y., Chicago & St. Louis RR., com. 6% preferred class A (quar.) Y. 2-11 5c preferred Zinc 1 1-25 2-15 5% Lighting Lumber 3- 17y2c preferred Casualty New York Air Brake -5% Pacific Pacific 2-15 85c dividend 20c (quar.) Quarterly N. 2-15 3-10 Per Share 50c quarterly Intermountain 50c Co. (quar.) Newport Steel Corp. (quar.) .Newport Electric Corp., common, $5 Pacific $1.05 Co News 2-19 * 30c (quar.) (N. Y.)— Insurance Increased 2-18 Stock 40c (quar.) Co. Amsterdam New Jersey 1 3-15 $1.75 37y2c New Jersey Pwr. & Light Co., 4% New Fire ' . Company Quaker City Fire & Marine Insurance (quar.) Quaker State Oil Refining Corp. (quar.) 3114c (quar.) Corp. ivhen ' ' Name of 3114c redeemable first preferred (quar.)__ Parkersburg-Aetna (quar.) common Co., common preferred (quar.) , Pacific 35c Meter 3%% ,3-10 50c Bros., Inc. (quar.) Nekoosa-Ed wards Paper (quar.) Newport 4-1 20c (quar.) Co., Vulcanized 4.05% Finance " Holdera 343bC first preferred 4.80% When Payable of Ree. 53 " (761) 3114c — first preferred (quar.) redeemable first preferred A (quat.)— 5% Inc.— Neisner New Pacific 30c preferred Nestle-Le 3-10 12c capital) (quar.) Corp. (quar.) Neiman-Marcus, 4Vi% S2.40 1 $.0179 Nehi Neptune 2-25 4- * iViontH.y, KoKi.:i i.vow V 37lie * 1 tquar.) 5% net (from (quar.) National National 10-20 3-10 * ** Co.— Quarterly Products, preferred Nazareth 10-30 3- Per «, Share (quar.) preferred 50c (quar.) Stock return a Common 4.20% 8-23 preferred 15c Inc Co. income Starch $1.40 2 $1.12y2 y (•» '.■***• -1 "i ' redeemable 15c National Shirt Shops (Del.)-(quar.) National-Standard Co. (quar.) National 8- Series— National Preferrrd which 5% 1% National , 6% 5%% 50c dividend National 5 5 4-21 Co.— Quarterly National Oats Co. Stock 22- 1 $37 Vic National Gypsum Co., $4.50 preferred (quar.) National Lead Co., 7Co preferred A (quar.) & 1 1 5- $15c (quar.). Malleable 3- 3- 50c Corp. (quar.) Ltd., com. (quar.) Co., * t ■,* v Electric & 5C Products Grocers National Gas 5c Food fn< <t p irtnvrhi). fhrwilnlo \ of Company 5c Quarterly $1.50 Pacific t,' *' . Name $15c (quar.) Quarterly National d • . Holders $12%c : 60c conv. preferred tquar.) National Electric Welding Machine National . When Payable of Rec. Canada cquar.)_ common Share ■* 25c tquar.)— 62 3-10- 2-13 3- 1 2-15 3- 1 2-19 54 The Commercial and Financial Chronicle (762) Per I Share fl5c Name o/Company Class B (quar.) Simmons Simon Ltd., class A (quar.) Dairies, Bilverwood Ltd.;— preferred (quar.)-—____ ** J? Co _■—00c Sons, & (H,) redeemable 5% tjjc ouc — Company Simonds Simplex + & Steel Saw 65c Corp. Oil Oil Smith 4>' L.), 6% Smith (T. Smith-Douglass Aircraft Solar 90c (quar.)— — Works (quar.)— pieferred tquar.) California (quar.)— preferred 2-26 3- preferred (quar.) ______ preferred (quar.) Canada Southern 2-20 3-10 4.32% 1-30 4- 1 5% Power Telautograph Co. Railway Co., Extra 2-19 1-20 2-19 3- 62V2C 3-15 2-16 2- ——_______—' The 1 preferred (quar.) 62'/2c 3-15 (quar.)_— 62'Ac 62'Ac 6-15 9-15 8-13 50c 2-16 2- 25c 3- 1-19 Southwest Gas Producing Southwest Natural Southwestern preferred (quar.) (quar.)___._■ Power Drug, pfd. A Electric Southwestern Public 4% $1.50 30c (quar.t common Southwestern div.)_ (quar.)__ (stock Co. Gas, $6 Service 1 2-19 4- 1 2-15 2- $1.32 States Telephone, preferred Sparton Spear Mills & (quar.) 32- Water $5.50 Co., ________ 1st Spencer Chemical Co., preferred 4.50% preferred Bpehcer Spencer Shoe Corp. Clothes, Spokane Portland 60c 3- 1 2- 2-15 22- 20c 3-10 2- 5 5c 2-26 3-15 1— 10c 3-10 10c 9-10 12-10 45c 2-15 2- 50c 87'Ac 3-15 3-15 3- Brands, Common $3.50 Standard Coil Products Co. $1.60 Standard Standard Milling Oil Standard 40c $1.60 (Ind.) of New Jersey Ltd. $1 Silica Supply B Co. (A.) 3- 1 J10c 4- 9 Mfg. Corp.. (quar.) Co. 3- 1 & Temper Trunkline Tung-Sol 5% Disc (John B.) Co., 3-10 2-17 3-15 3- 1 3-1 S 3- 3- 1 3-10 3- 1 2-25 4- 1 3-15 50c 3- 1 2-15 3- 1 3- 6 2-12 3- 6 Stokely-Van 2-16 4- 1 3-17 Common Inc.— (quar.) 15c 6% prior preferred 5% prior preferred Stop & Shop, Inc. (stock Furniture Stromberg-Carlson, called for Wells this (entire 15 United at Lines, B United 7% 40c 2-15 22- 1 Hill 2 2-16 $1 5- 1 4-15 " from profit U. S. $4 8- 2 7-15 $4 2nd preferred (quar.) $1 n_ 1 10-15 30c 3- 2 2-16 65c 3- 1 2-15 U. S. Pipe 65c 3- 1 2-15 U. S. f6c 4-16 3-16 25c 3-10 2-15 (1952 Sullivan Sun Oil Sunshine Sun Consolidated Co., Biscuits, preferred Sunray Oil Mines, common convertible A Paper Co., (quar.)_l preferred com. Cement 2- 1 26 U. 3- 1 3-20 5 2-15 2- U. 4- 1 3-10 3- 1 2- Cos. 2-15 3- 1 (quar.) S. S. Steel & Card 6% Steel class 2-26 2-10 3-15 2-13; U. 3-15 2-12 S. Corp., preferred (quar.) com. 3- 1 Canal 3-10 2-26 3-10 2-26 3-11 2-26 and 3c 6% Pulp com. 5% Supply 2-15 1-29 2-15 ; 2- of 3- 3 1 2:2Q 4-15 4- 2-15 2r 1 3-10 3- 1 50c 4- 1 20c 3- 1 2-13 $1 3- 1 -2-15 pfd. (quar.) $4 (quar.) . 1 3-15 25c 3-15 2-26 40c 2-15 2- 1 $1.12'A 2-15 2- 1 75c 3- 2 2-15 25c 3- 1 1-29 (qaur.)__J_ Co. Paper— Pacific Westinghouse & (quar.) Electric Weston (George), Ltd., 4'A% Electrical Instrument White 3-12 2-26 White's Auto Stores, Dental Corp. 1-20 1-20 Wiebolt 6% 87'Ac 2-15 1-20 2-10 1-11 Stores, (quar.)„ t$1.12'A 3- 1 2-15 3-10 2-26 25c 37'Ac (reduced) (quar.) 27%c 3-10 3- 15c 3-10 2-15 20c 4- 1 3-19 75c 4- 1 3-19 $1.06'A 4- 1 3-19 (quar.) common (quar.) (quar.) 4. 1 3-11 3- 1 3- 2- 8 3-15 2-15 1 2-15 3- 3- 1 2-11 50c 3- 1 2-11 4- 4-15 2-15 1-22 2-26 1-30 3-10 2-24 & Williams (J. & & (quar.) Co. 6 2-16 2- 5 $1.75 2-16 2- 5 3-31 3- 1 4- 2-26 45c 4- 1 1 3-12 3-31 3-15 preferred Grocery Co. Power, 3-20 11c (monthly)— Wolf & Power (Alan) (G. Wood (Gar) Woodall 5% & Industries, Inc., (F. Co. Gar W.) Wood (quar.) common 2-15 4- 1 3-15 4- 1 3-15 Wurlitzer $1.06'A 3- 1 2-15 3-19 2-26 4- 1 3-16 40c 3- 1 2-15 62'Ac 4- 1 3-15 75c Towne 20c 2-15 2- 3- 2-15 1 1 3-10 2- 2-20 2- 2 Cab Co. Mfg. 2-15 1 2-26 2-11 3- 1 2-11 3- 5 2-19 3- 1 2-10 50c 3- 1 2-10 40% 3-15 1-25 25c Co. Co. 3-19 3- 1 2-15 2-15 1-30 50c 1—— (quar.) 2-19 1 20c _ 1 4- IOC (quar.) (quar.) 3- 4- 1 3-15 Co.— preferred convertible Consolidated Radio Gold Corp. 3 7'AC (quar.) 4-30 4-10 37'Ac (quar.) preferred Youngstown Steel Door Co. Zenith 3- 5 50c t (monthly) Youngstown Sheet & Tube Co. Yuba 3- 7-31 7-10 75c 3- 5 2-11 25c 3-15 2-26 5C 2-15 50C (quar.) (quar.) 3-31 Fields.— (quar.) v 1-18 3-10 5 $1.75 Miles convertible 6% 1-30 3-15 31'Ac : Co. (Rudolph) & Yellow 2-15 25c Jr.) Wysong & 2-15 32'Ac Monthly 2-26 1 4-16 1 Ltd.— (final) iWm, 2- 3- 30c — 4 Ordinary 1 4-30 t$1.37'A (quar.) (quar.) Co.. 3+19 3- Ind.) (quar.) Co. & 3-31 Steel)— (quar.t Extra (F. W.) 2-19 15c quar.)_ Wood pfd. (see preferred Governor Woolworth 5'A% Co., convertible Woodard Alan Industries 3-15 2-27 30c (quar.) (increased (see 1 4- 90c Light Co. Co. Steel H.) $1.50 (quar.) & Dessauer Wood 37'Ac common; (quar.) preferred Wisconsin 1:29 11c Electric preferred 3.60% .1-29 2-15 $1.06'A (quar.) Monthly Wisconsin 6% 1-29 2-10 2-15 15c (quar.)__ 2-19 2-15 25c i Co. Lovett Woolworth 4-10 25c $4.25 B.) Co., 1 20c (quar.) 1-30 2-26 Co. Williams Winn 1 preferred 3- $1.12'A 2- 1t25 1-25 3-11 Oil Wilson 2 2-15 Will & Baumer Candle Co. Inc. 1 3- 2-15 Inc., preferred 3-26 5- 1 3-12 4-17 •Transfer books tPayable in U. tPayable in $1.50 2-15 2- 5 10c (s-a) 3-15 15C Wilcox J75c pref. 8 1 3-12 34 %c 3-15 t25c (quar.)__ 8 2- 4- 1 (quar.)— 2-19 common (quar.) 2- 1 (quar.) Mfg. Co. 3-25 (s-a), preferred 4 3- (quar.) 3-10 7c (quar.)__ 1 3- (quar.) preferred $4.25 4- Corp.— convertible 20 2-15 pfd. Inc., common 2-5 2-15 1 preferred convertible Wickes 1 2- 25c Weston 2-15 1- 2- 2-15 50c (quar.) com. (quar.) 2 3-2 1 2-15 95c Corp., (quar.)^ Inc. S.) 3- 75c (quar.)„ Stationery— preferred Westmoreland, 3-15 $1.25 common (quar.) 3- 2-15 + $1.25 Co., A oreferred (S. (quar.) 5c RR. Tablet 3.80% (quar.)__ Fields— preferred Western Co. Breweries, Ltd. 2-26 56'Ac A 2-10 2-25 75c (quar.) Co., & 2-10 1 10c T (quar.) 2-15 75c class $1.25 (quar.) Co.l Manufacturing 2 25c (quar.) J. Oil 35c (quar.) Corp. Sugar 3-15 from (quar.) Consolidated 1 3- 25C (quar.) Co. preferred 3- Co.— common Corp. Steel, Ltd., preferred Snowdrift preferred Western 2-19 40c $1.06'A (quar.)___ Vitamin Special & Oil $1 Ltd., 3- 4 3-10 12c i Fixture Engineering Oil Western 25c ___ Co preference 2-15 Fund— (quar.) common Auto $1 $6 United Wellman Wesson Wood securities Corp., Universal Co.. Canada 25c (quar.)_ Corp., A & Wrigley Stores 1 25c Co. convertible Western 2-26 tlOc Spring & Bumper Co., preferred (quar.) United Weeden Western t20c (quar.)_ Co. 3- , 1 t38c (quar.) common 2- $1.12 : Investors & 5 3-15 55c Foundry (quar.) (quar.)__ Corp. Paper 3-18 1 2-18 25c (quar.) Mutual 5 40c (quar.)__ common Quarterly from net investment income Washington 6% Steel 7% 5 2-25 Washington 4- 1-21 35c Corp. Co. 2- 2-26 $1.12'A j 40c 3-10 Wire 2- 3-10 $1.25 (quar.) ; income 2-24 1 2- $1.50 25c. ! com. & 3- 3-10 (quar.) 35c (quar.) (quar.) pfd. 5% 3-15 30c 30c Co., Virginia 2- 10% 5% 65c class A Printing & Lithograph Co., common.. preference series A (quar.) United 15c D.) 4 2-25 div.) (quar.) common $1 _ 4'A% U. 5 ^c 27'Ac S. 5% 2-15 Co.— quar.)__. 2-15 (stock 35c (quar.) Machinery Corp.— participating preferred (quar.) 4'A% 5c quar.) 2-27 Hoffman $1.10 (increased (quar.) Portland (initial 5 3- 30c ; (quar.)_ (quar.) preferred common 3- 5c (quar.) 2nd Superior Tool & Die Co. New $1 ; (s-a) 37Vic common preferred 4.40% ' (quar.) Corp., 5'A% Superior Ltd (quar.) common 4y4% Sutherland (quar.)_; (quar.) Inc. Ray Drug Co., 6% series) S. 1-28 Weber Showcase 50c (quar.) Playing (quar.) preferred U. 3-12 preferred 5'A% (quar.) common of 1 2-26 Yale preferred $1 preferred 1 93%c Railroad sale on 4- Inc. Weatherhead Co., $5 50c Co. Finishing Co., (quar.)_ 5.20% $4.50 Whirlpool Ltd. America, investment 62'Ac 1-11 $2.50 preferred 5.20% 12- Science Fund— 2nd (quar.) (S. Point (quar.) Quarterly United 1-29 1 25c Mines Jersey 2-19 (quar.) Swasey Co.__ West . Improvement Co., preferred (quar.) New 4c 3- Warren 92'Ac Gas Keno 25c 1-11 $1.12'A class A Illuminating 1 2L15 40c com. 2-21 tlOc United 2-15 1 , common 62'Ac Engineering & Foundry Co.— (quar.) preferred (quar.) 4'A% 3-12 2-16 75c (quar.) Coal 1-10 40c 2-16 $1.25 : Electric 2- 8 Petroleum West (quar.) (quar.)_ of 1 preferred & 2-19 (quar,)_— A common Corp., United 2-15 31 Vic Propane Gas Co., 3 40c Common 1 25c 1st 1 — (quar.)____. Co. 5 2-18 dividend 3- —; Inc., 3- 1 (quar.) Stock Washburn 50c (quar.) (quar.) $4 Suburban Co. United (quar.) (quar.) 2-11 2-24 Extra Service— preferred 2-11 ■ dividend)_____ common 2-26 2-26 3-10 (quar.) Corps., Ltd., Class 6-17 is- (reduced) Electric 2-18 1 l Common 8 25c Corp., 1 3- Mfg. Co. of Wisconsin- 2-19 2- <quar.)_ Omaha, 5 4- 2-15 Warner-Hudnut, Inc., $1 Oil preferred United Feb. on 2- 2-26 Car Biscuit $4.50 3-17 2-15 & Aircraft United 6-17 1 7- 5% ; (quar.) Studebaker Corp. 2nd plus Corp., preferred Suburban preferred redemption share per Struthers 4% (quar.) 1 4- 37'Ac dividend). Corp. 7- 25c 25c (quar.U___ (quar.) 3-10 2-19 Missouri— of preferred United (quar.) 2-19 35c (quar.)_—_ Air United 2-10 15c Camp, Common B Tank United 2-12 15c Extra Stockton, Whatley, Davin & Co 2- 1 10% (quar.) Yards Sulphur Class 2-15 40c (quar.) 1 4- Forging common Calif., 3- 3- (quar.) Tiernan, Indies (quar.) of 1 Co.— — (quar.) preferred A 4'A% 50c Walker 8 .3- 2-15 Corp. 4- $1 Ry. : (quar.)— & West (quar.) Co. Stock Union 1-29 35c Corp. $3.75 of Co. preferred Oil Union Inc.— 56c 2-28 2-10 Wallace 2-15 Co Carbon & 7-16 $2.50 Pacific & 10c Co., 1 (quar.) preferred $3.50 Union X 3-15 37VaC tquar.>_____ 3-12 1 common Inc., preferred Union common 1 3- (quar.) $4 preferred (quar.) 4- 15c preferred Electric $3.70 Inc.— Textiles. 3-12 5'A% Carbide $4.50 5 3-11 3-12 1 70c Trust Co.; Clutch 5 25c 1 4- (s-a)__ Co., preferred 2- 2-15 4- & Class A 3- (quar.) Gas 2- 30c Walker 1 2-15 (quar.) Electric, 2-15 (quar.) Stores, 2- preferred Steel 2 (quar.)_— 2-15 Pipe Line Corp 6% 4-16 8- 20c Walgreen Co. 70c Corp. 2-15 37'Ac (quar.j_____ preferred (quar.) $51.25 Coal 25c quarterly Stern Storkline Building 15c A 2-15 2-15 ?5c Co. Stewart-Warner $4 True 2-15 (quar.) A Gas preferred 1'2Vie class preferred preferred $1.25 $2.80 3-19 25c 40c (quar.) Brothers Btern & ..sue 8 2 1 — ! 3-26 (at'ar.) convertible 8% 2-19 4-15 (quar.) Finance & preferred 4^2% Tremont Twin "(quar.l___: Corp. 6% Stetson 2- 3-10 2-15 18%c Williams & 12'Ac Reduced * 3-11 60c (quar.)__ Equipment 6•% Bterchi 2-10 3- 1 (quar.) Petroleum, Truax-Traer Union Fuel Stein Transue Y.) 2-12 3 (quar.) Corp. t20c 1 preferred Transcontinental Union State Loan Class 3-10 5% 4'A% (N. 1 5- 37 V2C Vogt Mfg. Corp. 3- £2.50 Shreveport (s-a> preferred (s-a) 3- (quar.) dividend 15 •'Ac 1-29 30c Bank & Trust Co. 2-15 (quar.) Common 3- Co. 5 37'Ac 3-15 preferred $1.14 $1.06'A (quar.) 2-15 3- (quar.) 2-15 6% $1.06 "A (quar.)_ 2-12 1 Virginia Coal & Iron Co. (quar.)_____ Co.— Elevators, preferred Vicksburg, 4% (quar.) 1 si- 30c 3-15 30c preferred 'A % 5% 16% (quar.) $2.80 1-29 2-10 fquar.)__ common (Ohio), Special ■ 2-15 3-10 Corp., 13Vi% (final) 3- (quar.)_ 2-26 I (quar. preferred Co. 1 Angeles) (final) preferred Stock 2-11 62'Ac (quar.) Corp.— preference tquar.) Ry. Corp. deferred 2-19 Virginian Railway— 3% preferred (quar.) Securities Trust Co., Ltd.— Edison Trade 2-17 75c _____ Radio, Ltd., class A Standard ' 3 Chemical Vinco 4- 12-10 rets, 2-11 2 Inc 3-15 50c dep. 2 3- (s-ai Syndicate, 1 1 Townsend 5 93%c Co. conv. Standard .< 3- 1 (Los 3- Ltd.— 4- 30c Co. 2-11 1% (quar.) Depot, 2-11 10% Trust 2 _ America 2-15 75c (quar.) & 1-29 3- 5c ... of Y.)— (N. 2-15 40c — 5 1 1 15c (quar.) Co. 2-20 +. 3-15 30c (quar.) 2-20 1 60C : 3- 9- Toronto 1 Packaging Standard State 3- 25c preferred Standard 2- 2-10 6- Transtates (quar.)_ Trust 4 1' Co. Oil 2-15 2-24 9-10 4.25% ' '■ (special) Calif, of Co. Oil Standard ' (quar.)__ Co. Co. Standard Oil 1' preferred Forglngs Corp. Standard 7 25c (quar.) Dredging Corp.— convertible 3%% —: tquar.).;. 2-11 6-10 Common quar.) 1 3- Inc.— (increased preferred Standard : Vick 3- 50c 2-15 Standard (quar,) Co. 1 11c (quar.)" (reduced) Machinery Venezuela 2-11 50c Toledo 11-30 Co. 2-12 1 25c (quar.) 2-_5 33- (quar.)_ Fund, Inc.— preferred 2-11 1 25c dividend Tokheim 8-31 10c Water & dividend 5-28 "Additional 5'A% 1 3- 12Vic (quar.) 2-28 $1.37'A com. income Corp. Vancouver 3- 50c 2-26 6-10 .)"*Additional Stamford Co. 2-15 75c +27'Ac Corp.. dividend Vanadium 3- 25c (quar.) 4.56% 10c Cement 5 31 'Ac Amer. deposit receipts ordinary 2-26 Additional 2- 31 'Ac (quar.) Co. 56'Ac 15c Iron dividend Vulcan (quar.)__ 3-26 per 25c <quar.)_ 2-15 9 Vanadium-Alloys Steel Co.— Warner Insurance Amer. 2-15 $1.12'A (quar.)__ preferred 3-24 4- 3-10 15c Oil $100 at $1 31'Ac (quar.)_____ common Co. 15 dividend)— preference earned Watervliet 8 tquar.) 7 1 4- 1-30 common) series) Bearing Mfg. Guarantee Tobacco 8 2-15 From 3- for 35c (quar.) Inc. 2-15 Quarterly 8 $1.15 1 Quarterly 2-15 56'Ac 1 3- Quarterly Quarterly 9 — Inc. conv. 2- 2- 3-15 prior 2-15 2-15 22'Ac called Co. Value Line Income 6% Roller Stock 2-10 1 (quar.).' Spiegel, Inc., $4.50 1 2-15 —— (quar.) Kellogg & Sons, 3- 2-15 1 this & issue Feb. on plus Mould Warren Title 2-10 3- quar.) preferred (quar.) 4.60% 1 $1.37'/2 (quar.)__ com. (increased 3- 2- 40c Inc., Associated Metal Title 25c (quar.) (quar.) Markets, 1 28c 33c (quar.) com. 2-15 redemption $5.50 1 1 (quar.) (entire 25c Co._ R.) B Timken 3 1 (John preferred Titan 1-30 3-15 2-3 5c (quar.) (initial Timely 8 3- Co. Thrifty Drug Stores 3-19 33c Shovel Cash Southwestern income) (quar.)____ common preferred Tide 5 24c (quar.) Co. Service 3-1 33- 30c preferred Utah-Idaho Sugar Valley (quar.)__ common preferred share pfd. 60c Co. (The) 5% 5-14 Bed investment (quar.) Fair 5% 2-15 preferred Utah — Oil Mfg., (see Thorofare & pref. conv. Thompson 5 non-cumulative Spring (from Coal Glass Fair Thew 1 non-cumulative non-cumulative Pacific Thatcher 2-15 $1 (quar.) common Inc. Fund, $2.40 5% 5% (quar.) Textron, Inc., 4% preferred (quar.) $1.25 preferred (quar.) 5% Southern (quar.) preferred 2-19 3-13 2-3 2-15 Co., 25c . Texas-Illinois Natural Gas Pipe Line— Common (quar.) 2-19 35c 3-1 1 25c ' convertible 'A % $1.37Vi $1.18% tquar.)__ com. (quar.) Texas (quar.) —— Southern preferred 4.50% preferred 2-19 2- 3- 4 $1.12Vi Transmission, 1st 4.75% 3- 1 3- 1 3- 1 6 1 1-2-55 25c .— 16'Ac _____$0,265625 3- 12- 90c Upson Stock / 5 20c 1 1 75c (quar.) (quar.) 5.50% 3-17 2-15 8 6- 9- £12Vic ;__ 5 (quar.)— Southern Natural Gas Co. Eastern 3-17 *45c 2- 1 1 (Canada), Ltd.— (quar.) Corp. Co. Ltd.— Co., Pearson & Carson convertible Texas 3-17 3- 1 3- 1 1 7- 27c — preferred-(quar.) 2- (quar.) 3- 10- Holders Payable of Rec. $1.06'A (quar.) Co., 4'A% Winding Co.— Universal When Share Pictures 1 70c $1.08 (quar.) common preferred A (quar.) Taylor, 2-15 4- 1 4-1 Universal 3- Cash 3-31 2-26 Insurance 2-15 1 25c B Taylor & Fenn, 4.32% 5 Universal 1 25c I 2- — 4- 50c A Per Name of Company 2-15 50c . 2-28 _ 3- Monday, February 15, 1954 . Holders 50c Corp Tampa Electric Co., 1-29 2- 2-15 34%c 25c 34c 1 $1 Transit Class 2-19 4-15 (quar.) 3- 50c — 2-28 ;— 5.44% — 25'Ac 3OV2C preferred (quar. Common 1 20c _____ preferred (quar.)____— Southern 3-10 62Vic 57'Ac — Water Co., com, 37Vic 10c (quar.) < Texas (quar.)'__* Southern California preferred (quar.) (quar.) Inc.,'class Texas preferred Southern 2-26 Talon, Edison— 4.08% 4% 3-10 50c — _ 4.88% 5'A% 1-26 22 AC — preferred (quar.)____ Southern 5 25c ______— (increased)-———-——• Common 4.60% 3- When Payable of Rec. 50c 6% Oil, preferred Co. Quarterly Electric & Gas Co.-— South Carolina 5% (quar.) common & Syracuse 8 3-29 Lathe Bend 2-15 4-15 Co., preferred South (quar.)—.-— 2nd Quarterly Quarterly 3-10 3-15 2- dividend Stock 2-12 2-19 3- 15c 30c 50c preferred (quar.)— conv. 4% Swift Share Extra 1 3-15 &oC Co Socony-Vacuum Oil Co. 2-26 2 4uc ~~~—»—w—— ——————~ Per Name of Company Swan-Fmeh 2-26 3- j^c (quar.)_ Co. Morgani (S. JSxtrft 4- 1 4- y 1 J" 25c Steel Skelly Holders 3-20 Corp. (quar.)———— (quar.) Castings Co. (increased quar.) Paper Sinclair Sivyer When Payable of Rec. ... 2-15 2- 1 J75c 5- 1 4-17 xLess 50c 3- 5 2-19 y Corrected 25c 3- 5 2-19 Previous Less closed S. Funds, Canadian resident tax a not British Jamaica for less Funds, this 15% dividend. Canadian tax deductible non-residents' at the tax. source. Non¬ reported her* 15%; resident tax 7%. income tax. income payment published tax. or holders dates were of record incorrect. dates are Volume 179 Number 5299 . . The Commercial and Financial Chronicle . (763) 55 , STATE AND CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS ALABAMA ALASKA Birmingham, Ala. „ Nome, Alaska Bond water Sale supply fered Feb. 10 The — of¬ $446,000 build¬ ing bonds. Dated Feb. 1, 1954. Due on Bona Sale—An issue of $4,000,000 bonds revenue for the purchase of $225,000 electric system revenue bonds sold Grande to was & syndicate Co., of Seattle. Dated Jan. 1, 1954. Due on Jan. 1 headed by Blyth & Co., New York from 1955 to 1974 inclusive. Bonds City, at 98.10, due awarded were of .about to from 1968 to Due 1973 570,000 2V2S. 1974 to 520,000 from issue. thereafter are from years Legality of date approved 1 1980 to 1984 inclusive. to 1990 Saley—The $175,000 Due on sewer offered Dec. bonds Refsnes, Ely, Beck bids Other Smith, members July 1, 1991. of the group:- Barney & Co., Equitable Corporation, Stone & Securities 1954. Webster Securities First of Michigan Corporation, Corporation, all Offering will receive Rhea Averill, — a.m. (MST) purchase sealed Supervisors, bids until 10 New - of Cleveland, Newburger, Loeb & Co., of New York, and Arthur L. Wright & Co., of Phil¬ Co., Arroyo Sale The — $900,000 Feb. offered bonds 9—v. 560 — were awarded to a composed of the Trust Company of Georgia, Robinson179, p. group bids his at March 000 Union office until Elem. Sch. E. 2 in San Luis p.m. building bonds. Dated May 1, 1954. Due May 1 from 1955 to on Humphrey Co., Inc., Courts & Co.. 1974 all of Atlanta, Newman, Brown & terest Co., New Orleans, and George M. Wood & Co., of Montgomery, at 100.01, a net interest cost of about County Treasurer's office. 2.84%, inclusive. Fair Oaks Nov. 1 from on inclusive. 1957 to 495,000 23/4S. Due bids Nov. 1 from on 1958 to 1968 inclusive. 225,000 3s. Due on Nov. 1 from 1969 to 1973 inclusive. , , County (P. O. Mobile), Ala. Bond and Sale—The $4,280,000 road bonds offered Feb. bridge 9 479, 247—rwere awarded to a syndicate headed by Shields & —v. City, at Co., New York net interest cost of 100.08, a 2.92%, at the 2%s. 1,400.000 Due on Dec. 1 from 1964 to 1970 inclusive. . 1,780,000 3s. Due 1971 - Other to Dec. 1 from on of the group: Blair, Rollins blower & & Co., Inc., HornWeeks, both of New York, Leedy, Wheeler & Alleman, of Orlando, Courts & Co.! of Atlanta, Roosevelt & Cross,* of New York, Hugo Marx & Co., Berney Perry & Co., both of Bir¬ mingham, Rodman & Linn, of Chicago. Pohl & Co., of Cincin¬ nati, Clement A. Evans & Co., of Atlanta, Rand & Co., of New purchase Dated 1978 inclusive. terest - & Co,, Magnus & Co., both of Cin¬ Co., of Indianapolis, M. B. Vick & Co., of Chicago, Walter, Woody & Heimerdinger, Thackara, Grant & of Philadelphia, Talmage troit, and & Co., Harrington & of De¬ Co., Jackson. of San on Diego, Feb. 16 on 1979 inclusive. March 15 from 1955 to Principal and in¬ payable at the County Treasurer's office. Legal¬ ity approved by Orrick, Dahlquist, Herrington & Sutcliffe, of San terest (M-S) from 15 1956 payable at the - Union School District, Bond Offering Bond Orange County, Calif. Offering B. — J. George S. Jones, County Clerk, will receive sealed bids Rafael, at until his 11 offi,ce in San (PST). on Feb. 16 for the purchase of $128,000 building bonds. Dated Feb. 1, 1954. Due 1974 Feb. on inclusive. terest (F-A) his at until 11 office in a.m. 1 from Principal 1955 (PST) a.m. ing bonds. Due on Herrington Dated Feb. 15, and in¬ at inclusive. Principal payable Treasurer's office. interest the County Legality San Juan Union High Sch. Dist., Sacramento County, Calif. Bond & Sutcliffe, of San Offering his at 11 — C. C. office in Sacramento, (PST) on Feb. 15 purchase of $432,000 building bonds. Dated March 15, a.m. the Due 1977 interest on March inclusive. (M-S) 1 from 1956 Principal payable at and the County Treasurer's office. Legal¬ ity approved bty Orrick, Dahl¬ quist, Herrington & Sutcliffe, of County, Cherry Rafael Marin Offering A. Haskell, President of the Board of Education, will receive sealed bids bonds. Due on March bids until at 11 his office a.m. from 1 1974 inclusive. Bonds March of as 1955 maturing in (PST) San on 16 of (EST) purchase of interest First Dated March on March from 1 Principal payable at (M-S) National Bank of 1, 1955 inclusive. 1964 to and the Boston. Legality approved by Ropes, Gray, nicipal 3s, 1969 1, Interest 1964. Bond Offering City sealed receive housing notes offered Feb. 10 179, p. 656—were awarded to —v. syndicate headed by the Na¬ City Bank of New York, Will follows: — members of the R Treasurer, will until a.m. bids 11 Trust Co., J. P. Morgan Chase National Bank, Guaranty Trust Co., all of New York, First Boston Corp., Chemi¬ cal Bank & Trust Co., of New Harris Trust & Savings Bank, Northern Trust Co., both Chicago, C. J. Devine & Go., Salomon Bros. & Hutzler, both of New York, Branch Banking & Co., of Wilson, N. C., and the Marine Trust Company of Western New York, Buffalo. First Selectman, bids until will 10.30 re¬ a.m. (EST) of on Feb. 19 for the purchase $250,000 tax anticipation notes. Dated Feb. 25, 1954. Due 1954. by J-D. April 22, Le¬ Charles & Community Consol. Chicago St., Joliet), Illinois Bond Offering—Milton B. Jen¬ Secretary of the Board of Education, will receive sealed bids until 8 p.m. (CST) on Feb. 16 for purchase of $465,000 building the bonds. Dated March 1, '*■« 1954. Due Jan. 1 from 1956 to 1973 inclu¬ payable at trust company the to Illinois an (J-J) bank or mutually agreeable District and the successful bidder. Legality approved by Chapman & Cutler, of Chicago. 112 (P. O. Cherry Valley), tion ing bonds offered Feb. 8—v. 179, 561—were p. awarded bonds, Due INDIANA follows: as March on from 15 Aurora, Ind. water department gen¬ eral improvement bonds. Due March 15 from 1955 to 1979 bonds. school from 15 on Due 1955 (CST) on Feb. 23 for the purchase $45,000 school aid bonds. Dated on 1974 to 15, 1954. from July Due semi-annually 1, 1955 to Jan. 1, 1961 J-J. Legality inclusive. Interest approved by Ross, McCord, Ice & 1979 inclusive. Miller, of Indianapolis. are dated March M-S. Interest Aurora School £ Legality 15, ap¬ proved by Reed, Hoyt, Taylor & Washburn, of New York City. Calhoun and Greene Counties Com¬ munity Unit Sch. Dist. No. 40 Sale—An working issue cash fund to the Bank sold 15, until 7 p.m. (CST) the purchase to inclusive. 1958 semi-annually from Interest Legality approved Charles & Trauernicht, of by St. Louis. 1955 to 179, p. 658—were awarded to Harriman Ripley & Co., Chicago, and interest cost of about 1.95%. Waukegan City Sch. Dist. No. 61 (P. O. Waukegan), will $2,673,000 building bonds offered Feb. 8—v. 248—were awarded to a composed of Harriman Rip¬ Co., Inc., Paine, Webber, Jackson 8c Curtis, both of Chicago, Mercantile Trust Co., St. Louis, p. group 8c & City receive Weeks, Lee Hig- ities Corp., all of Chicago, at 100.03, a net interest cost of about 2.13%, as follows: 2s. Due from 1956 to approvedi by Miller,, .of & — Esther P. Clerk-Treasurer, sealed until bids 2 (CST) on March 9 for the purchase of - $1,500,000 water works refunding and improve¬ ment bonds. Dated March 1, 1954. semi-annually July from 1, to July 1, 1993 inclusive. Bonds maturing July 1, 1960 and thereafter are callable of Jan. as 1960. Principal and interest (J-J) payable at the Indiana Na¬ tional Bank, Indianapolis. 1, Clay Township School Township (P. O. South Bend), Ind. Offering Bond Township March $200,000 on March 1967 inclusive. 1 Hans for school 1, the (CST) purchase of building 1954. Mohn, receive will until 1:30 p.m. 5 March Dated — Trustee, bonds. Due semi¬ annually from July 1, 1955 to Jan. J-J. Le¬ McCord, Miller, of Indianapolis. 1, 1958 inclusive. Interest gality approved by Ross, Ice & Graham School Building Corp., Indiana ginson Corp., and Channer Secur¬ $1,693,000 Ice p.m. on Sal e—The Hornblower Legality sealed bids Illinois Bond 1, San Francisco, bid reflecting a net Lake County, July 1, 1961 inclusive. In¬ Offering Leavitt, 1954 a from V'« Bloomington, Ind. Bond Due on Jan. J-J. McCord, Indianapolis. DeWitt, Piatt and McLean Counties jointly, Feb. 23 for of bonds (J-D). Dean Witter & Co., on $89,000 school building bonds. Dated Feb. 1,1954. of Calhoun Due serially 1953. S* Secretary of the Board of School Ross, of $25,000 1 Cheek, Trustees, will receive sealed bids terest Hardin), III. (P. O. City, Ind. Bond Offering—Harry J. Due ILLINOIS 41/2% R. receive sealed bids until 7:30 p.m. March 15 from 1955 to bonds Bernard — of Feb. inclusive. 280,000 Offering Teaney, City Clerk-Treasurer, will 100,000 on Bond 1958 inclusive. 1993 to 179, the to White-Phillips Co., of Davenport. $1,400,000 sewage disposal bonds. ley y Sale—The $100,000 build¬ on ing bonds offered Feb. 8—v. group: 1 Route 66 A, S. Bond Alexander Bond Sale—The $415,000 Co. Inc., Trust County No. (P. O. Farmer City), III. build¬ $24,750,000 at 0.86% interest. 24,750,000 at 0.87% interest. as Dec. from 1955 to Sch. Dist. No. 70-C (P. O. U. S. Community Unit Sch. Dist. No. 10 tional of Chicago, Dated 1 Interest approved Feb. 24 for the pur¬ chase of $4,680,000 general obliga¬ (EST) 1954 Connecticut (State of) York, Dec. on Trauernicht, of St. Louis. County, of Hardin, at par. Dated Note Sale—The $49,500,000 rent¬ Bankers 31/£s. and Winnebago County School District Dec. as Corp., inclusive. gality DELAWARE Bond CONNECTICUT al 3V4S 1953. Due sold to the Mu¬ was Bond Best, Coolidge & Rugg, of Boston. was rigan, Rafael, Feb. (P. O. Marine), III. Bond Sale—An issue of $270,000 school bonds sive. Principal and interest bonds. Due 1954. callable are M-S. ceive sealed Bond Offering—George S. Jones, County Clerk, will receive sealed Board p.m. the County, Marine Com¬ n School 1954. Charles — Darien, Conn. School District, for 17 o on The Note Offering—Thomas F. Ker¬ County, Calif. the 2:30 1 munity Consol. Sch. Dist. No. 36 $500,000 Parker Farms Elementary Creek wood), Colorado Bond Francisco. San by 2,900,000 general purpose bonds. Sch. Dist., No. 5 (P.O. Engle- & LaRue, County Clerk, will receive sealed 1954. Feb. on March Arapahoe Other bids received Selectmen until March on sen, Bond Offering—Sealed bids will be ap¬ proved by O'Melveny & Myers, of Los Angeles. & Connecticut Due 1977 and at by Palmer Mad is Dodge, of Boston. the payable COLORADO 16 1954. Feb. 15 from 1955 to approved Thorndike, inclusive. Ana, Feb. on Legality Storey, Francisco. a (F-A) office. to Smith, Santa 1, Principal and interest (J-D) payable at the District Treasurer's County Treasurer's office. Legal¬ ity approved by Orrick, Dahlquist, Couniy Clerk, will receive sealed bids Dec. 1953. Abrahams, — in 1965 and thereafter School 1993 incl. dated are on Due Illinois West Marin to Principal and in¬ (M-S) Due from 1954 to 1 bonds on 1983 inch bonds. water follows: 2i/4s. from 1968 to 1974 inclusive. Wilmington, Del. $66,000 building March 15, 1954. March as bonds. Due sewerage Francisco. to Herzberg, Inc., of Birmingham, McDonald-Moore in (PST) Dated March 15, 1954. Due & Co., of New York, Odess, Martin & on Francisco. San Co., Scramento, Feb. 17 for Garden Grove Union High to Raffensperger, Hughes & office a.m. San until Bohmer-Reinhart his at sealed until 8 p.m. (MST) on Feb. 19 for the purchase of $346,000 building for cinnati, bids until 10:30 receive County Treasurer's office. Legal¬ ity approved by Orrick, Dahlquist, Herrington & Sutcliffe, of York, Stockton Broome & Co., of York, of on Atlanta, Herbert J. Sims & Co., of New (PST) a.m. bonds. in for the purchase of $340,000 build¬ 1979 inclusive. members office Due 1963 inclusive. to Elementary Sch. Dist his District, 1955 the Dec. The Offering—C. until 10 $1,100,000 3s. Due on Dec. 1 from • at about follows: as payable County, Calif. C. LaRue, County Clerk, will receive sealed Bond 1954 Principal and in¬ (M-N) Sacramento follows: as $180,000 2V2S. Due Mobile County Clerk, will H. Sexton, T. San Rafael County, Calif. (PST) on for the purchase of $68,- 1 — ing bonds. Offering—A. Obispo, Offering the 980,000 Wallingford (P. O. Wallingford), for the purchase of $234,000 build¬ Mallagh, County Clerk, will receive sealed Dothan, Ala. school Bond California Bond 1 South Bay Union School District, San Diego. County, Calif. Dist., San Luis Obispo County, Bond $30,000 April 1, from 1955 March 25 for the Grande adelphia. April on of Dated $90,000 on of building York, Robinson-Hum¬ bonds. Dated Jan. 1, 1954, Due on phrey Co., Inc., of Atlanta, WatJuly 1 from 1955 to 1974 inclu¬ kins, Morrow & Co., of Birming¬ sive. Principal and interest (J-J) ham, Field, Richards & Co., of payable at the County Treasurer's Cleveland, Scott, Horner & Mason, office. of Lynchburg, Hendrix & Mayes, of Birmingham, J. A. Overton & CALIFORNIA of her Diego, until March purchase bonds. Due at to 1960 inclusive. Maricopa County Sch. Dist. No. 33 (P. O. Phoenix), Ariz. Clerk of the Board of San the building Phoenix. Bond in for sealed (EST) on purchase of $2,- Dec. 1 from 1954 to Supervisors, of Co., & $1,500,000 Offering—Marie Nasland, receive for 24 1,300,000 County, California Bond Chairman, sealed bids until 2 p.m. Santee School District, San Diego inclusive. 240,000 Is. 800,000 bonds, divided Legality approved by Or¬ Dahlquist, Herrington & Sutcliffe, of San Francisco. 2 21—v. 178, p. 2355—were awarded to July 1 from on Bond improvement July on Feb. rick, office July 1 from on Hanning W. will receive — office. will Clifton, Ariz. Offering Heard, Clerk of the Board of ARIZONA Bond Principal and interest (F-A) payable at the County Treasurer's by Seattle. July 1 from on Due 880,000 2%s. Due 1985 10 County Metropolitan Dist. O. Hartford), Conn. (P. Feb. 1 from 1955 to 1974 inclu¬ sive. Preston, Thorgrimson & Horowitz, 1 from 1979 inclusive. r of and after inclusive. Due 2.70s. 1965 inclusive. 1967 570,000 2V4S. 1 inclusive. July on in callable July on 1964 Due to — follows: Due 1955 to 1965 a as 3V2S. 285,000 2s. 443 p. net interest cost a 2.57%, $930,000 179, v. — Hartford Bond Hubert ceive Safe son, and Debenture Offering- Nay, sealed President, will re¬ at the Madison bids Deposit & Trust Co., Madi¬ until 2 p.m. (CST) on Feb* ,< -SB (1134) 19 for' the ' - • / purchase 1955 - 30, 1962 and callable as of Dec. thereafter are of & issue 1, Legality approved by Ross, 1954. Indian¬ McCord, Ice & Miller, of apolis. Hancock County (P. O. Greenfield), Indiana Grand i- Offering—Bruce Bond County Auditor, will receive son, (CST) bids until 1 p.m. sealed on Feb. 19 for the purchase of $35,000 court house Dated Feb. improvement bonds. 1, 1954. Due semi-an¬ nually from July 1, 1955 to Jan. 1, Interest J-J. 1960 inclusive. Le¬ gality approved by Ross, McCord, Ice & Miller, of Indianapolis. Liberty Township (P. O. Sharpsville), Indiana Offering—Ray M. Thomp¬ \ Bond Township son, ceive (CST) '*) on will Trustee, bids sealed & Small March dated is until 2 re¬ p.m. Feb. 17 for tfye purchase $152,000 bonds, divided fol¬ as lows: Dated Tyson, of Boston, John Co., of New York, Alli¬ School Due Township Jan. on bonds. from 1 1955 to Jan. 1955 1970 to inclusive. The dated are March 1954. Principal and interest 1, (J-J) payable at the Union State Bank, Sharpsville. Legality approved by Ross, McCord, Ice & Miller, of Indianapolis. N&rth Vernon Bond School Offering trict Harrington and ceive sealed (CST) on of 1 School sealed onr Trustees, bids until will on 2 public 1956 Jfouth Bend School City, Ind. Bond Offering , Kuenl, Russell C. — Business Principal interest and $1,620,000 water and electric revenue bonds offered 9 179, p. 249 — were group headed by Shields & Co., New York City, at v. — awarded to a Each 1954. Cox 1954. bonds. Due and interest (M-S) payptyje at the First Bank & Trust Co.,.||puth Bend. 1 from 2s. Due on Feb. $120,000 1959 Trust! Co., both of at 100.81, Uo 5 j a Chicago, as 2s, basis of about 1.93%. — H. C. Fisher, City ^Clerk, reports that the City Board' of Commissioners will re¬ ceive sealed bids until 11 1963 to to 1973 The inclusive. to Due on . are op¬ interest (AtQJ payable at the State Treas¬ urers Feb. 1 from April 1, Rouge Parish 1 Water (P. O. Thomas & Co., of Pittsburgh. bear an additional members the of Scharff Jones, of New Or¬ bid reflecting a net a & Bond and Certificate bonds and Sale—The certificates were receive 1955 to 1955 1964 1963 inclusive; from 1955 to $450,000 due ceive h W. re¬ sealed bids 0 s e p until 11 a.m. on Due Nov. receive bids sealed until noon (EST) on Feb. 17 for the purchase $500,000 notes. Dated Feb. 17, on Note Sale bonds: 1 awarded tax 3 Merchants the to discount. Nov. each $100,000 Dye Sept. 12, 1954. Oct. 17, 13, on Offering—An offering of Bond $56,000,000i g e n e r a 1 obligation bonds is expected to be announced 24. Feb. from Due 1 20 to years. Offering W. Leonard — Lindahl, Town Treasurer, will re¬ bids sealed ceive National to of to 1963 on 1963 Bank at of Second the Boston, Feb. 1 to 1975 inclusive; 111 1955 to 1974 inclu¬ pay¬ able at the Second National Bank Boston. Legality approved by Thorndike, Palmer & Dodge, of Boston. Plymouth County (P. O. Plymouth), Massachusetts Note Offering—Charles W. Wil¬ liams, County receive sealed until 11 will inclusive; and $4(0,000 16, 1954 and due on Nov. 17, 1954. on Feb. 1, 1983 on and Swampscott, Mass. 1984. 1 from 1955 to 1963 clusive; $23,000 2%s, due in¬ Feb. 1 from 1964 to 1975 clusive; $14,000 2.90s, due Feb. 1 ed bids Bank of on in¬ on from 1976 to 1982 in¬ on Feb. at the Second ■ Boston, until noon (EST) 15 for the purchase of $60,000 water mains bonds. Dated March 1, 1954. Due on March 1 from 1955 to 1966 inclusive. Prin¬ • ' i 3.59%. 1 from 1955 to 1974 inclusive. Beane, First of Michigan Cor¬ $100,000 special alley and street pav¬ offered Feb. 9 were awarded to Braun, Bosworth & Co., Inc., Toledo, as follows: ing bonds on Dec. 15, 1954 on Dec. 15 from 1955. 60,000 XVzs. Due 1956 1958 to inclusive. Gladstone, Mich. Offering—H. J. Henrick- Bond son, City Clerk, will receive sealed bids until 7:30 p.m. (EST) on Feb. for the purchase of $2,100,000 utility mortgage revenue bonds. Dated Oct. 1, 1953. Due on Oct. 1 from 1956 to 1978 inclusive. Bonds maturing thereafter are 1, 1960 in Principal 1960. callable and of Oct. as interest and payable at National Bank Meridian Township (P. O. East Lansing), Mich. Bond Sale—The $285,000 Water Supply bonds 444 System offered No. Feb. 1 revenue 3—v. awarded were — 179, to a p. group & Co., Detroit, Lyons & Shafto, of Boston, and McDonald-Moore & Co., of Detroit, as follows: $138,000 3*&s. Due on April 1 from 1956 to 1972 inclusive. 147,000 3%s. Due on April 1 from 1973 to 1983 inclusive. Sale Bond building — awarded were The $4,700,000 offered Feb. 9 to a syndicate bonds headed by the First of Michigan Detroit, at 100.63, a net interest cost of about 1.32%, as Corp., * $920,060,1 i^ts; -Due Oct. on 15, 1954. Due. Oct: 15, 1955. 900,000.2s. 2,880,000 * l%s. " Oct. 15 Due on from 1956 to 1958 inclusive. Other of members the group: Halsey, Stuart & Co. Inc., Chi¬ cago, Braun, Bosworth & Co., Inc., A. G. Becker & Co., Inc., Hornblower & Weeks, Paine, Webber, Jackson & Curtis, Julien Collins & Co., all of Chicago, Kenower, MacArthur & Co., McDonaldMoore & Co., both of Detroit, Ryan, Sutherland & Co., of To¬ ledo, H. V. Sattley & Co., Shan¬ non & Co., both of Detroit, and Stranahan, Harris & Co., of To¬ ledo. The bonds 1954. Due 1958 Hutzler, Hemphill, Noyes & Co., are Feb. dated State at the Bank, Savings Midland. , Port Huron, Mich. special Sale—The $67,000 assessment and sewer and in¬ payable (A-O) Bond general obligation bonds offered Feb. awarded 15, Oct. 15 from 1954 to on inclusive. Principal terest National clusive; and $4,000 Is, due on cipal and interest payable at the AKentucky (State of) Feb. 1, 1983 and 1984. Second National Bank of Boston. Bond Sale—The $5,200,000 proj- til 9:30 a.m. (CST) on March 3 for Other members of the syndicate: ect : 19 bridge revenue bonds of¬ the purchase of $162,000 bonds,, Watertown, Mass. ■ Phelps, Fenn & Co:, of New York, fered Feb. 9—v. 179, p. 444—were divided as follows:, t Bond. Sate—The $600,000 school Philadelphia National Bank, Phil¬ awarded to a group. headed by $12,000 Gum Springs School Dis- adelphia, Stone & Webster'Securi¬ bonds offered Feb, 10—vl 179, p. Shields & Co., New York triet City; No. 24 bonds. Dated ties Corp., Bear, Stearns & Co., 657—were ^awarded to a group at 97.10, a basis of about March <1, 1954. Due on March Merrill Lynch, Pierce, Fenner & composed of Salomon Bros: & r Detroit, Mich. Bond Sale—The assessment Chemical Bond Offering—Robt. G. Byrne, 50,000 Wheaton Parking Lot Dis¬ Town Treasurer, will receive seal¬ trict bonds: $9,000 5s, due on ' Stone, of Detroit. a.m. Feb. 15 for the pur¬ chase of $350,000 notes. Dated Feb. on (EST) Treasurer, bids $140,000 Feb. 1 from 1976 2.90s, due to 1982 $185,000 Feb. 1 from 1964 on from Principal and interest inclusive; Storey, inclusive; 2%s, due 15 sive. due 5s, 1955 Jan. assessment cerindebtedness: $50,000 2%s, due on Feb. 1, 1964. 500,000 Silver Spring Parking Lot District bonds: $135,000 5s, due on Feb. 1 from 1955 . Canfield, Miller, by Paddock & follows: Millis, Mass. Bond desig¬ company Midland School District, Mich. Massachusetts (Commonwealth of) for trust or by the purchaser. Legality approved and 15, on of bank a nated National Bank of Boston, at 0.84% in¬ Feb. $400,000 anticipation notes offered Feb. were callable are April 1, 1957. Principal and (A-O) to be payable at composed of Kenower, MacArthur Nov. 5, 1954. The — 1, 1 of Detroit. Walsh, Jr., County Treasurer, will Aug. April interest (A-O) 5, 1954. Hampden County (P. O. Spring¬ field ), Mass. Note Offering — Daniel M on 1979 to and Feb. Roy Alford, Secretary of the Parish School Board, will receive sealed bids un¬ Offering—J City Treasurer, will 1963 county from Board Treasurer. — 1 inclusive; 2.90s, 23/4s, due tificates office. Legality approved by Many), La. 1975 1976 Feb. on 1 from 1976 to 1979 inclusive. 500,000 dated (P. O. to 1 Is, due Offering to of as 24 Note Inc., Feb. dated are on in 1967 and thereafter electric Gardner, Mass inclusive; Franklin St., Boston, until 11 a.m. Feb 1 (EST) on Feb, 16 for the pur¬ from 1964 to 1975 inclusive; chase of $350,000 school project and $80,000 2.90s, due on Feb. bonds. Dated Jan. 15, 1954. Due on April 15, 1954; Principal and interest (A-O) payable at office of the School Bond inclusive; due on Feb. 1976 to 1982 $240,000 inclusive. Sabine Parish Sch. Dists. Feb. 1 on 1975 $160,000 from certificates of indebt¬ is inclusive; 500,000 series D road $180,000 5s, due on edness. issue 2.81%, clusive. 55,00d Glenmora School District 27 about 1963 to Feb. inclusive. 1962 to 1964 from No. 2 bonds. Due on April 15 Each 1955 and 150,000 Glenmora School District from of • follows: 1964 561— 1, 1983 and 1984, 1,000,000 series C road bonds: $360,000 5s, due on Feb. 1 $250,000 Pineville School District No. 52 bonds. Due on April 15 to p. inclusive; and $350,000 Is, due on Feb. sealed bids until 1:45 p.m. (CST) on March 10 for the purchase of 1955 18, 1954. Due Nov. 3, 1954. Goguen, were from 1954 to 1972 inclusive. Bonds maturing of notes. Marlboro, Mass. 1 from (P. O. School from cost $1,225,000 2.90s, net Slocum, Secretary of the Par¬ No. interest from Or¬ ish as 179, syndicate $1,915,000 23/4s, due of J. S. purchase anticipation tax Feb. the for 16 follows: from Bond and Certificate Offering— will a $4,300,000 series G school bonds: $810,000 5s, due on Feb. 1 1230, Alexandria), La. Board, to $480,000 2%s, due on a bid reflecting a interest cost of about 2.71%. Feb. 9 Walter J. Wade, bonds Due fy, County Treasurer, will receive sealed bids until 11 a.m. (EST) on Feb. offered bonds and net Bond Sale—The $180,000 public improvement bonds offered Feb. 8 —v. 179, p. 249—were awarded to Rapides Parish Sch. Dists. 10—v. ing awarded to $40,000 D4s. Due County (P. O. Salem), Mass. Note Offering—Thomas F. Duf¬ 1954 and due Natchitoches, La. Kees, of New 1954. Due Nov. 5, 16, of from & Feb. by Halsey, Stuart & Co.. Inc., New York City, at 100.01, a Jackson. Box Feb. awarded Agricultural Sch. Dist. No. 5 (P. O. Gobies), Mich. Bond Sale—The $275,000 build¬ Essex 1954. group: Co., Feb. 16 for the purchase on Montgomery County (P. O. Rock- of. Harrington a.m. Feb. 17 for the purchase of $500,000 notes. Dated Feb. 17, MARYLAND Atlanta, Watkins, Morrow & Co., of Birmingham, Milwaukee Co., of Milwaukee, Schweikhardt & and 10 1954. & on until $650,000 tax anticipation notes. (EST) Robinson-Humphrey Co., Inc., of Co., (EST) of Dated $30,000 public MICHIGAN Bloomingdale Township Rural The Offering—John C. Lovett, bids basis of ton, as 1.90s, at 100.76, a about 1.81%. 1954. sealed and the Rock¬ both of New York, of Grand -Rapids. Beverly, Mass. Note Monday, February 15, 1954 . . land-Atlas National Bank of Bos¬ MASSACHUSETTS $1,600,000 interest cost of about 3.75%. as 1% interest for the first two years. -Stinspn, Mag, Thomson, McEvers & Fpzqell, of Kansas City. KENTUCKY dated Sale—The $6,850,000 1989 inclusive. bonds Other revenue in 1.970 and thereafter tional. Principal and is ville, Md. 1972 inclusive. 981,000 3s. a.m. 1983 inclusive. Bonds maturing of headed 1967 to bonds. Dated April 1, .1954. Due on Oct. 1 from 1957 > to leans, 260,000 2%s. Due on Feb. 1 from (CSTJ on Feb. 23 for the purchase of $3,1000,000 water and sewage jsysteto Baton offered cates, Lawrence, Kan. Bond Offering & Co., all of New York, Janney & Co., of Philadelphia, Ferris & Co., Talmage & Co., Auchincloss, Parker & Redpath, of New York, improvement bonds offered Feb. 9—v. 179, p. 148—were awarded $455,000 school bonds and certifi¬ KANSAS as Legality approved by Foley, Judell, of New Orleans. 104,000 2V2S. Due on Feb. 1 from 1964 to 1966 inclusive. huildftig bonds offered Feb, 9—v. 179,"'p: 561—were awarded to a .group headed by the Harris Trust Si Savings Bank and the Northern issue 1956 to 1958 inclusive. leans, Muscatine Indep. Sch. Dist., Iowa Bohd Sal e—The $1,100,000 Smithers S. Dated Callable 1, 1955. Works District No. 155,000 2*/4s. Due on Feb. 1 from Ducournau IOWA- 1955 to & West on de}. Principal from a 15 from 1955 to 1960 inclu¬ i i certificates. March 1 1974 inclusive. net interest cost of about 3.01%, as follows: par, York, 15, Morton & Co., Haupt & Co., F. Co., all of New H. York, City National Bank & Trust Co., Kansas City, Peoples Na¬ tional Bank, Charlottesville, Tripp & Co., Andrews & Wells, Inc., G. C. Haas & Co., D. A. Pincus & ceive inclusive. sewerage on Bond yeb0^ for the purchase of $350,improvement 1974 March 1954. Due March 1 from 1955 to 1974 in¬ New Orleans, Leedy, Wheeler & Alleman, of Orlando, Herbert J. Sims & Co., of New March payable of the Parish School to Due 1, Manager,of the Board of Education, will receive sealed bids until 4 p.m. (CST) on OOjBL school March on interest and 72,470.49 improvement March Bond Sale—The 7:30 p.m. Le- 1954. Due Dated Addis), La. receive Interest J-D. bonds. W. Bond and Certificate Offering- purchaser. Legality approved by Chapman & Cutler, of Chicago. $34,500Jinie 'SO, 1954. Due semi-annually tfrorft : June 30, 1955 to June 30, 1958 inclusive. on in¬ 1955 to 1974 inclusive. at the office p.m. (M-S) payable at Treasurer's of¬ fice or at any bank specified by Jane jgalityiapproved by Ross, McCord, Ice^&fMiller, of Indianapolis. Due 1974 to Board Co., & until bids Dated clusive. (CST) 23 for the purchase of building bonds. Dated Feb. 42 1, from Principal Feb. 26 for the purchase $200,000 bonds. Bowihan, Secretary of the Board «of No. March Drainage Commissioners, will re¬ City, Ind. Martha — 1954. 1955 poration, Bache & Co., Ira City Treasurer, will receive sealed bids until 11 a.m. (EST) on Feb. Ralph B. Bisland, Secretary of the of Jackson. 16 for the purchase of $500,000 Board of Supervisors, will receive notes. Dated Feb. 17, 1954. Due sealed bids until 2 p.m. (CST) on LOUISIANA Nov. 5, 1954. Feb. 25 for the purchase of $87,Jefferson Davis Parish, Welsh— 470.49 bonds and Bristol County (P. O. Taunton), certificates, as Gravity Drainage Dist. No. I Massachusetts follows: 1 (P. O. Welsh), La. Note Offering—Ernest W. Kil$15,000.00 public improvement Bond Offering—T. C. Simmons, County Treasurer, will re¬ bonds. Due on April 1 from roy, Secretary of the Parish Board of Newark, Feb. bonds 1, clusive. Monroe, La. from 1 from Treasurer, or at any bank Minneapolis, specified by the purchaser. Legal¬ R. H. Johnson & Co., of New York, ity approved by Chapman & Cut¬ McDonald-Moore & Co., of De¬ ler, of Chicago. troit, Clement A. Evans & Co., of Terrebonhe Parish Sewerage Dist. Atlanta, Magnus & Co., of Cin¬ No. 7 (P.O. Houma), La. cinnati, Julius A. Rippel, Inc., of 76,000 Civil Township bonds. Due on Feb. 1 son-Williams Co., of 1970 inclusive. . F1 65,000 Pleasant Hill School Dis¬ the $76,000 o r i e n Consolidated District No. 20 bonds. Feb. York, Stern & ney 1962. of June 30, as Each The Commercial nnd FinancialChronicle r .M. School ple & Co., McDougal & Condon, both of Chicago, Townsend, Dab- 50,000 first mortgage debentures. Due June 30, 1984. Callable • ,i 85,000 Roosevelt & Cross, all Bros. & Co., Kansas City, Baxter, Williams Co., of Cleveland, Bacon, Whip¬ of New 1962. June 30, • e' - ?V. ford & Co., inclusive. Bonds 1933 to maturing ?***''■' r H- Rollins & Co., Inc., White, Weld & Co., Coffin & Burr, Amer¬ ican Securities Corp., J. C. Brad¬ Dec. 30 from June 30 and " Blair, $150,000 first mortgage bonds. Due on • Other members of the account: $200,000 follows: of jbortd^and debentures, as '71' •" to Stranahan, 8 were Harris & Co., In<v Toledo. Sale consisted of: $25,000 special assessment, sewer .bonds. .Due on Jan. 1 from 1955 to 1963 inclusive. ' . .< it 42,000 general obligation .sewer bonds:. Due on, Jarf. 1 from. 1955 to 196& The bonds inclusive. are dated Feb. 1, Volume 179 Number 5299 .. . The Commercial and Financial Chronicle 1954. Interest J-J. Legality ap¬ proved by Miller, Canfield, Pad¬ dock & Stone, of Detroit. at 100.03, 1955 to Counties Joint Clerk, building bonds. Dated Feb. 1, 1954. Due Feb. on 1 from $391,000 special assessment paving and water dis¬ trict bonds offered Feb. 8—v. 179, 445 Bros. & are of as thereafter Co., of Kansas City. Feb. 1974. Principal and 1, Sidney, Neb. Bond callable interest payable at any suitable bank designated by the successful bidder. Legality approved by Sale The — $234,000 gen¬ eral obligation bonds offered 8—v. 179, to the First Faegre & Benson, of Minneapolis. Trust NEW Feb. awarded 657—were p. Co., of Lincoln. HAMPSHIRE Nashua, N. H. Note Independent Consolidated School 116 and Districts Nos. offered 136 Bond Sale—The $175,000 gen¬ obligation building bonds of¬ fered Feb. 9—v. 179, p. 561—were Bank of Brewster, The notes 1956 90,000 2s. Due North Feb. on St. 1 Paul, Minn. Bond Offering—Gordon E. Ol¬ son, Village Manager, will receive sealed bids until 8 p.m. (CST) on March 1 for the purchase of $200,- public utility revenue bonds. 000 March" Dated 1, 1954. Due on 1955 to March 1 and Sept. 1 from inclusive. 1965 due Bonds Sept. 1, 1960 and thereafter are callable of March 1, 1960. Principal and interest payable at a banking in¬ stitution designated by the suc¬ cessful bidder. Legality approved as Sale National Bank 3Vis, at 3.23%. 100.07, Florham sealed ceive Offering—Fred Goth, Village Clerk, will receive sealed bids until 8 p.m. (CST) on Feb. 23 for the purchase of $500,000 divided bonds, inclusive. 1964 to interest The April 1 inclusive. on 1979 bonds dated are those and 1954 system disposal Due to maturing from April 1, in 1975 thereafter are callable as of and 1, 1974. Principal and in¬ terest payable at a bank desig¬ April nated purchaser. Legality by the approved by Faegre & Benson, Minneapolis. of & the Irvington, N. J. The $119,000 im¬ — Feb. offered bonds works, and bonds revenue 179, —v. sewer offered 657 —were of Jack¬ p. awarded to Lewis & Co., Hill Sch. Township Dist. H. Dated March 1, 1953. March 1 from 1955 to 1973 ing bonds. Due on inclusive. (M-S) payable Bank Union of at El- C. Director of the Depart¬ of Revenue and Finance, will receive sealed bids until noon (EST) of from Kansas on 1955 Jan. on 1 inclusive. 1958 to Due bonds. from 1955 1 inclusive. 1958 to Jan. on Jan. 1 bonds. Due 1955 from 1958 inclusive. as 2V4s. Dated Feb. 1954. Due on March 1 from 1955 1, to inclusive. Interest M-S. Le¬ by approved Charles & St. Louis County, District No. from 1 March - 1 from 1955 to Due 1959 bonds. from State are Principal (M-S) payable Bank of by approved Due on 1955 to 1974 dated and at the Newark. Reed, March 1, interest National Legality Hoyt, Taylor Washburn, of New York City. Paramus School District, N. J. Kirkwood School (P. O. Kirk- Bond building $825,000 build¬ v. 179, p. Sale ■ bonds — The offered on Feb. 8— a at Trust Manufacturers the Co., Buffalo. by approved & Le¬ Hoyt, Reed, Taylor & Washburn, of New York City. City, a 2.86%, New Bond Sale — (P. O. Hudson), York The eral improvement Feb. 9 — awarded 179, v. serial due 5s, bonds: Nov. on basis of about 3.39%. Pressprich Reynolds & Co. Bros. Van J. Dick - & Co. Hutzler & Co. Merle-Smith & Higginson S. Inc. Co. Struthers & Wood, Corporation Moseley & Co. Riter Co. & Estabrook Co. & Gregory & Son Incorporated i Hill Malvern Laurence W. & Roosevelt Co., Inc. Marks M. Morton H. & & Co. & Cross Co. Incorporated; Incorporated 1, $900,000 and 1958 & New City, jointly, as offered bonds 658 p. — were Trust Co. York, 1, 1962 1 from 1963; and $10,100,000 2%s, due on Nov. 1964 to 1973 inclusive; and $6,400,000 Nov. 1 from 1974 to 1978 incl. 23/4s, due on 20,000,000 sinking fund bonds as 2%s. Due Nov. 1, 1988. Walker H. E. Chas. Authority is a public bene¬ corporation created by the New York State legislature. Its mem¬ bers, who are also commissioners of the Long Island State Park Commission, Moses, Robert are Geo. A. 4 | Courts R. & & )00./ Inc. Co., to Co. & rti Inc. Co., ( Co. Off" Day & Co. L. Deetjen Emanuel, & & ' Co. McDonald-Moore Jaffray Piper, Thomas 1 >. Co. Hibbs & Cq<(I«c- Nolan-W. B. Folger, & & Jn.' Co. ■ * Blooming Grove, Chester and Tuxedo:,Gen-tral Sch. Dist. No. 1 (P,\iQ</c o o d bury, • Bond and Clifford Jackson. to six a lane modern divided highway for 13 miles from the New York City line to Wan- . ' >• J Hopwood & Company. W Monroe, President, Herbert Bayard Swope proceeds from the sale of are to be used for park¬ i Co., Inc. Co. & & Gundy Wood, Co. & & Pollock E. *>//•< ' \ Incorporated >E Incorporated & Co. Schwabacher Co. & Co. Gibbons Kidder M. Wm. & Co. & Weigold Stevenson B. Kaiser fit man, Monroe), N. Y. "{'>< Offering—Seymour New¬ District Clerk, will receive for 18 the (EST).K>n of $1,- purchase 732,000 building bonds. Dated Feb. 1, 1954. Due on Feb. 1 from 1955 1974 inclusive. Principal/, 'and to interest (F-A) payable at theNational City Bank York. New of of Legality approved by Hawkins, Meadowbrook State Parkway and Delafield & Wood, of New'/YOrk I (for Wantagh State Parkway and the City. tagh Avenue, widening the In construction Buffalo, 1.60s, at 100.16, a Offering — Nathan L. H. Bennett, Town Clerk, will receive (EST) on sealed bids until 11 a.m. Due 1989 on March inclusive. extension State of Parkway an to to repay bank $15,000,000 temporary into in April, a entered loan 1953, the for commencement of this construction program. will collected be at point a on 1 from 1955 Principal and payable at the Town Supervisor's office. Legality approved by Hawkins, Delafield (M-S) Wood, of New York City. City line and the bond will issue be tolls. During senger and cars secured by these 1953, 24,200,000 pas¬ passed this point Madigan-Hyland, traffic engi¬ estimate the toll traffic at cars for 1955, increasing 36,500,000 by 1969. The first Sale Lawrence to four miles Southern pected the of State to be to are ex¬ traffic by July 1, 1954, and the entire recon¬ struction of this parkway is ex¬ pected to be completed by June 1, The bonds subject to re¬ Bond Sale The $615,000 gen¬ demption at any time on and after eral improvement and water Nov. 1, 1958 either by operation bonds offered Feb. 9—v. 179, p. of a sinking fund or at the elec¬ 658 were awarded to Salomon tion of the Authority. The serial Bros. & Hutzler, and R. D. White bonds are redeemable only after The notes are trusttym¬ dated, Feb. 10, 1954 and bear an interest'rate 1 lh %. They will matiire on of May 3, 1954. This interest rate represents a reduction of onequarter of 1% (i/4%) from the,ef¬ fective rate at the end of last The allotment is follqws: as $7,133,000: The NationalCityBank of New York. Chase 6,660,000: The Bank The of qnr ., New York. 00! jointly, as of New York 1.60s, at 100.25, a City, basis of about 1.43%. or 3,297,000: Manufacturers Trust Company. . i 2,443,000: Bankers Trust Co.,; 2,236,000: Chemical Bank.., & Trust are Co. *£. ; of all sinking fund 1,578,000: Bank 969,000: bonds 903.000: maturities. Optional redemption Free Sch. Dist. prices range from 1031/2 % for the three year period from Nov. 1, 1958 to Oct. 31,1961 and thereafter District Clerk, will receive sealed at prices decreasing each three bids until 3 p.m. (EST) on Feb. years to 10014%. Sinking fund 24 for the purchase of $4,465,000 redemption prices scale from school building bonds, as follows: 10214% to 100V4%. Minimum clusive. fund payments are 560,000: The Federal York State income 221,000: United States Trust Co. of New York. 186,000: Empire Trust Coi-'i 168,000: Sterling NationaPBank 'r pro¬ and Trust Co. 80,000: Bronx 1 New taxes, and are York 553,000: Bank of New York. sinking and Midland Marine Trust Co. of New by their maturity. The bonds are tax exempt as to from National Public Bank and Trust1 Co. bonds interest York1 Trust ' New 644,000: The Union retire all of the The Lt • Co (P. O. Oceanside), N. Y, Bond Offering—Chas. H. Goldie, to i Exchangel0Bank Corn Trust Co. 11 sinking fund Manhat¬ the of tan Co. and then in inverse order of their vided . 2,030,000: The Hanover Bank. 1,603,000: Irving Trust Co., simultaneously with the retire¬ ment >• 3,549,000: Guaranty Trust Com¬ pany of New York. — both , National City of — Co., ' Anticipation Tax of banks and reconstructed Parkway open Yp'^t- awarded E. Gerosa has $35,000,000 neers, 25,500,000 City, N. City Comptroller — Notes to 21 panies. A 10 cent toll for passenger cars York New Note and also Southern State Parkway near the Hempstead, Levittown Water Dist. (P. O. Hempstead), N. Y. Bond of Northern State Parkway, Co., New York basis of about 1.57%. & ( 1 Inc. Anthony Tucker, G. Co., Eldredge 1961; $1,400,000 2%s, Nov. Parkway .* -r,; Schoelkopf, Hutton & Pomeroy, Inc. American Corporation Bacon, The 1 & ;v.i Co. Ingen & Co. Witter Dean F. & Rothschild F. Salomon B. »0 . Webber, Jackson & Curtis 1959; $1,200,000 3s. due Nov. 1, due Meadowbrook $367,500 gen¬ the Marine to Western & Langley & Co. W. L. * t' *1 ' Swiss follows: as C. Paine, R. Weeks f Columbia County ' Co., of Kansas W. & construction of the Southern State Jan. dated are offered Feb. 8—v. 179, group composed of Boland, Saffin & Co., B. J. Van Ingen & Co., p< 657 — were awarded to a group both of N. Y. City, J. B. Hanauer & $3,250,000 series A bonds. Due on composed of Halsey, Stuart & Co., Dec. 1 from 1954 to 1982 in¬ Inc., Chicago, City National Bank Co., Ryan, Hanauer & Co., Van Deventer clusive. Bros., Inc., Julius A. & Trust Co., .Kansas City, G. H. 350,000 series B bonds. Due on Walker & Co., Newhard, Cook & Rippel, Inc., and J. R. Ross & Co., Dec. 1 from 1954 to 1967 in¬ all of Newark, as 3.40s, at 100.03, Co., both of St. Louis, and George Baum & price of 99, a • - Principal and interest (J-J) 1954. No. $1,065,000 250—were awarded to ing bonds K. Co., 1955. 1 bonds 1954. & net interest cost of about a Hempstead, N. Y. inclusive. The Read City, at Sons Securities Corporation Hemphill, Noyes & Co. Feb. interest bonds. equipment March R-7 Bond Sale—The York Brown Equitable p. way bonds to 1955 Alex. Hornblower , • improvements on Long Island consisting principally of the re¬ to Hempstead wood), Mo. New Dillon, by ' Co. 1, The 1954. 25,000 school & Trauerpicht, of St. Louis. headed 179, syndicate a * .211' Inc. & Lee 9—v. r 7 ' sealed bids until 2 p.m. to on 1974 Feb. & OBeane Corporation the bonds inclusive. City, jointly, offered Fenner Co. Brothers & 20 Co. Pierce, & Barr The — 658—were awarded to 7,500 Sugnet Drive improvement Due water bonds. $1,052,000 sold to Blewer, Heitner & Glynn, of St. Louis, and Co., Sale & I J(J Inc. v Weld & Co. Allyn & Co., C. (KM.- Co. Co. Securities A. Johnson The Feb. 23 for the purchase Feb. 16 for the purchase of $650,bonds, divided as 000 water bonds. Dated March 1, on follows: school bonds was & York, tJl Co. White, $40,000,000 Southern State Parkway revenue from $1,300,000 223,000 Normandy Consol. Sch. Dist. (P. O. St. Louis), Mo. Bond Sale—An issue of $275,000 New from 1 & i irtt Co. Union (M-S) payable at the Ma¬ rine Midland Trust Co. of South¬ ern Jan. 6,000 Cresthaven Drive improve¬ and R. D. White & Offering—Meyer Loeb 1960 and improve¬ Due of inclusive. 1973 Drive bonds. Legality Hawkins, Delafield Wood, of New York City. Kuhn, terest New York MISSOURI gality 1 Jan. on National the Dover. by approved & and interest Principal March Bros. on Jan. on Darwin ment & Ripley & Fenn 5 1958 inclusive. 16,000 Dillon Freres 1983 inclusive. Due gality Secretary of the Board of Education, will receive sealed bids until 8 p.m. (EST) on March 4 for the purchase of $210,000 build¬ fol¬ No. 1955 to payable (P. O. Mine Hill), N. J. Bond Offering—William H. son. Stern Due Traders • p.m. as bonds. 9 2.01%. i 3 6,500 Walton Drive improvement p. 2.05s, at 100.18, a basis of about as Eastman, Harriman will ,i,jnr Inc. ■ Lynch, 1955 to 1958 inclusive. from Co. M , are: Inc. Phelps, 1983 inclusive. from 1955 to bonds. & Co., Merrill 11,000 Olcott Place improvement 657—were awarded to J. B. Hanauer & Co., of Newark, 179, until bids Sewer ment Sale & Tripp 1 of Dead Blyth Lazard $20,000,000 and at Dillon, receive Clerk, 15 ' " , sealed $100,000 Sewer District No. 5 bonds, series A. Due on Jan. 1 City. ment $850,000 com¬ Sale—The water 9 Wood, T. Feb. 15 for the purchase on companies^^sav¬ • The underwriters National bids until 3:30 p.m. (EST) Feb. 16 for the purchase of Village er, bonds Benedict — $202,000 bonds, divided Madison. of Chase lows: lenstein, McComb, Miss. system Offering sealed (EST) of p.m. by Hawkins, of New York approved Delafied Bond Bond 8 re¬ Newark, N. J. MISSISSIPPI bined will the trust ings banks and trust funds, in the Authority, N. Y. Ely, sewage 1957 about Principal Legality Mine inclusive. bonds. as purchase Bank Citizens District bonds, series B. Due payable (M-S) National First $190,000 water system bonds. Due on April 1 from 1957 to 1979 310,000 of until for 2 interest and the at New York 1, 1954. Due on March 1 from 1955 follows: as First River, Clerk, bids March (EST) —v. S. p. $100,000 water bonds. Dated March Bond Minn. Principal payable 1981 to Cheektowga (P. O. Cheektowaga), Park, N. J. Borough erson, at York companies,, insurance and opinion of counsel. City, First National Bank & Trust Co., Workers Trust office. Legality ap¬ Ridgewood. Legality approved by proved by Hawkins, Delafield & Hawkins, Delafield & Wood, of Wood, of New York City. New York City. Jones Beach State Parkway Offering—Ethel C. Sand¬ provement Bond inclusive. 1954 from 1 from 1955 to Bond Springsted, both of St. Paul. Paul, Oct. on 55,000 by Briggs, Gilbert, Morton, Kyle & Macartney, and Moody & St. the to basis a 179, 1, (J-D) Byrnes, Secretary of the Board of on Education, will receive sealed $118,000 sewer and street im¬ bids until 11 a.m. (EST) on March provement bonds. Dated March 1, 2 for the purchase of $1,975,000 1954. Due on March 1 from 1955 to building bonds. Dated Oct. 1, 1953. 1968 inclusive. Principal and in¬ ceive 6—v. March Bond Offering—Herbert Schaef- (P. O. Ridgewood), N. J. Offering — Frederick J. Due for Goldman, Sachs & Holtz, Town Supervisor, will re¬ of Toms payable law basis Washburn, of New York City. a Bond 1, 1954. $22,500 water Feb. awarded were — The — offered bonds 561 from inclusive. 1967 to Feb. 1 from inclusive. 1961 to 1962 on 9, Barnegat Light, N. J. Bond Due Feb. dated are 57 legal investments under New banks bonds Bond Dec. on The NEW YORK NEW JERSEY follows: $85,000 l%s. to on 1982 in¬ 1954. Principal and interest Township Sch. Dist. Ridgewood Bond net interest cost of about as dated are and mature 1954 100.007, a 1.925%, at awarded were Due to Johnson City, N. Y. National First the to 9 notes Co., 2.65s, at 100.28, Nashua, at 0.95% discount. eral awarded Feb. $300,000 the Indian Head National Bank of (P. O. Brewster), Minn. , Sale—The bonds. 1954 Newark, and Bank of New York. Legality ap¬ New York proved by Reed, Hoyt, Taylor & Co., & as (A-O) • Nobles and Jackson Counties Joint & C from of about 2.61%. awarded to Stern were — maturing in 1975 jointly, Lincoln, Neb. p. build¬ awarded to Ryan, were — Lebenthal Bond Sale—The 1957 to 1984 inclusive. Bonds and 657 p. 1 clusive. Sale—The $150,000 Hanauer will receive sealed bids until 8 p.m. (CST) on Feb. 18 for the purchase of $650,000 from 1 series Dec. ing bonds offered Feb. 9—v. 179, NEBRASKA (P. O. Princeton), Minn. Village Bond Feb. on 865,000 New Jersey Feb. 1 from on Indep. Consol. Bond Offering—Clarence Wick- tor, Due Valley Regional High Holly), Sch. Dist. (P. O. Mount 1962 to 1975 inclusive. Sch. Dists. Nos. 59, 62 and 70 ; Rancocas inclusive. 1961 645,000 2s. Lacs, Isanti and Sherburne of cost follows: $180,000 l%s. Due MINNESOTA Mille interest net a about 1.98%, as (765) CO. . ' 74,000: Federation t !i«i - County >STrust Trust Co. . -• ■ Bank1 (and . h : 58 The Commercial and Financial Chronicle (766) Due *'"' 1964 inclusive. Hempstead Union Free Sch. No. 7 (P. O. Great Neck), Dist. on The .. bonds * dated are Jan. 1, New York 1954. Principal and interest (A-O) payable at the Marine Midland building bonds offered Feb. 10— Trust Co., New York City. Legal¬ v. 179, p. 658—were awarded to a ity approved by Hawkins, Dela¬ 'Bond Sale The $1,865,000 — headed by Halsey, Stuart & field & Wood, of New York City. Co., Inc., New York, as 2.60s, at Walton, Hamden, T o m p k * n s 100.29, a basis of about 2.57%. Franklin and Sidney Central Other members of the account: Sch. Dist. No. 1 (P. O. Bear, Stearns & Co., B. J. Van Walton), N. Y. Ingen & Co., Equitable Securities Bond Sale—The $986,000 build¬ Corporation, First of Michigan ing bonds offered Feb. 10—v. 179, Corporation, R. D. group , White & Co., McEntee & Co., all of and Adams, New York. 658—were awarded to p. Hamburg, Elma, West Seneca and Boston Central Sch. Hist. No. 1 (P. O. Orchard Park), N. BondSale — Y. The $1,150,000 building bonds offered Feb. 10— group Western Co. of Trust the of composed group Western Buffalo, Union Securities Corp., New York, Manufacturers & Buffalo, Roose¬ velt & Cross, and R. D. White & Traders Trust Co., Commissioners, \yilP receive sealed bids until 1 p.m. (EST) on March 8 for the purchase of $190,000 hos¬ pital bonds. Dated Jan. 1, 1954. Due (A-O) Due March 1 on inclusive. to "1983 Craven County (P. O. Bern), N. C. Bond Sale—The $775,000 school building bonds offered Feb. 9—v. 179, p. 1963 to Principal and Vandewater, by proved Heckler & Galloway, Sykes, of New York 30,000 iy2s. Due University (P. O. Lawrence Canton), N. Y, Offering — Eugene G. . Bond Bewkes, President of the Univer¬ sity, will receive sealed bids un¬ til 10 a.m. (EST) on Feb. 18 for purchase of Bond on June 1 from on June 1, 1980. 9—v. 179, 658—were awarded to Merrill Lynch, Pierce, Fenner p. Beane, follows: $15,000 of 'New 4s. Due York, on at June 1 par, from 1955 to 1959 inclusive. 6.000 3y4s. Due on June 1, 1960 29,000 • $800,000 dormi¬ 3s. Hudson 1962 to Feb. on 1 from 1955 1966 to on 1971 NORTH June 1 Trust Co. of Central inclusive. DAKOTA the to Board of City Commissioners and the successful bidder. Legality approved by Dorsey, Colman, Barker, Scott & Barber, of Minneapolis. ceive Village Treasurer, will sealed (EST) on chase of bids Feb. 24 until for re¬ OHIO v. 179, Township Hospital Dist. Bond Sale—The tal bonds offered 562—were 3 p.m. Bosworth the pur¬ as $24,000 bonds, divided as & $215,000 hospi¬ Feb. 9—v. 1 from 5,000 on April group headed by Baxter, liams & Co., Cleveland, as at sewer bonds. Due on April 1 from 1955 to 1964 inclusive. The bonds are dated Jan. 1, 1954. Principal and interest (A-O) payable .at the Central Trust Co., Rochester. Legality approved by Reed, Hoyt, Taylor & Washburn, of New York Bond City. a basis of about ceive Troy I N. Y. Offering — Lawrence sealed bids until 2 J. re¬ p.m. follows: water bonds. Due on April 1 from 1954 to 1973 in1 Bond Offering elusive. — Clerk of the Board H. D. Secrest, of Education, will receive sealed bids until chase of Feb. 25 for the $2,000,000 building noon pur¬ and imporvement bonds. Dated April 1, 1954. Due on Oct. 1 from 1955 to 1974 the group: Cincin¬ nati, Raffensperger, Hughes & Co., of Indianapolis, Mullaney, Wells & Co., of Chicago, Singer, Deane & Scribner, of Pittsburgh, MacArthur & Co., of Detroit, Fox, Reusch & Co., and Ellis & Co., both of Cincinnati. Madison Local Sch. Dist. (P. O. Bond Sale—The $600,000 build¬ ing bonds offered Feb. 9—v. 179, 659—were awarded to p. of Braun, composed a Claremore, Okla. ming pool 179, on Feb. bid a cost of Trust & reflecting about a 1.67%. Bond water Sale offered Feb. — 8—v. awarded were to 1974 inclusive. Principal and (M-N) payable at the Mingo National Bank, Mingo Junction. Legality approved by Squire, Sanders & Dempsey, of Cleveland. 179, to a New Washington, Ohio $29,000 munici¬ building bonds offered Feb. pal 2%s, at 100.71, a Sale & Co., Kansas City, Dempsey-Tegeler & Co., St. Louis, & Co., Kansas City, First Securities Co., of Kansas, of Wichita, and H o n n o 1 d & Co.; Oklahoma City, at 100.03, a net interest cost follows: about of 2.28%, as < 1957 to 1965 inclusive. Jan. were awarded 15 — Local 1968 on April 1 from inclusive. 620,000 2x/2s. Due 1969 to 1974 inclusive. Sch. Dist. (P. O. Schools, sealed bids until will Feb. 16 ing bonds. „ Payne County lndep. Sch. Dist. No. 67 (P. O. Cushing), Okla. Bond Offering —W. A. Giorda, Secretary of the Board of Edu¬ cation, will receive sealed bids until Feb. Dist. (P. O. 16 for the school (A-O) Trust Principal and payable at the Co., Cleveland. Legality approved by Squire, San¬ ders & Dempsey, of Cleveland. North purchase o4 building bonds. Bend, Clerk City School District, Ohio Offering of the — Earl Kern, Board of Education, will receive sealed bids until (EST) on Bond eral noon Feb. 25 for the purchase Cuyahoga Heights Local Sch. Dist. of $550,000 building bonds. Dated (P. O. Cleveland), Ohio Feb. 15, 1954. Due on Dec. 15 from Bond Sale—The $350,000 build¬ 1955 to 1974 inclusive. Principal ing bonds offered Feb. 9—v. 179, and interest (J^-D) payable at the p. 562—were awarded to Fahey, City National Bank of Tiffin. Le¬ Clark & Co., Cleveland, as 2x/4s, gality approved by Squire, San¬ at 100.93, a basis of about 2.12%. ders & Dempsey, of Cleveland. "' ' Sale—The $250,000 obligation bonds offered gen¬ improvement Feb.. 8—v. awarded 179,- p. McJunkin, to Patton & Co., and Chaplin both of Pittsburgh, l%s, at 100.18, & Co., basis a as about of Williams Township School Author-r ity (P. O. R. D. No. 4, East on), Feb. 000 18 for the purchase of school 1, 1954. Due to 1964 3 years on in callable 1960 Callable ity approved by Winfree, McCulloch, Shuler & Sayre, of Portland ette Trust Co., all of Easton. Le¬ gality approved by Saul, Ewing, & Saul, of Philadelphia. eral Sale—The Hazelton, Pa. City bids Feb. 24 Clerk, until for Florence will 8 offered 563—were Bank & liott & M. Trust of from follows: 1955 — awarded were 2%s. 1960 605,000 3s. March on 1 100.26, to on 1965 3.15s. of & & at building and equipment bonds of¬ fered Feb. 10—v. 179, awarded to G. were Co., of 100.11, H. p. 563— Walker & Providence, a as 2.30s, basis of about 2.28%. SOUTH at DAKOTA County lndep. Sch. Dist. No. 1 (P. .O. Madison), S. Dak. Offering—L. F. Ericcson, Clerk of the Board will receive sealed p.m. (CST) purchase of on March 1 inclusive. of Education, bids Feb. 23 until for 2 the $230,000 building 1, 1954. Due on July 1 from 1955 to 1969 inclusive. of July 1, 1964. Inter¬ Legality approved by as J-J. Danforth & Danforth, of Sioux Falls," March 1 from on Due on Viborg, S. Dak. March 1 Bond Offering—Everett W. Nel¬ son, members com¬ Middletown, R. I. est 1984. Other group Bond Sale—The $240,000 school 1966 to 1974 inclusive. 740,000 a Walker & basis of about 2.32%, a Callable 19.59 inclusive. Due Due to H. bonds. Dated Jan. Due to as ; Bond privately to a group headed by Butcher & Sherrerd, of Phila¬ 3x^s. Reading," Lincoln, R. I. Authority (P. O. Milton), Pa. from Co., 179, p. City the Bond Sale—The $610,000 Basic Junior High School building bonds offered Feb. 8 v. 179, p. 563 — Lake as to RHODE ISLAND Munson, of Philadelphia. delphia, 9—v. l%s, at 100.05. (EST) purchase Milton Area Joint School Feb. awarded receive p.m. the gen¬ Co^ Providence, Townsend, Dabney Tyson, and Dwinnell, Harkness Hill, both of Boston, as 2.35s, PENNSYLVANIA 6n , $24,000 obligation improvement bonds posed of G. sealed thereafter March after (M-S) payable at the City Treasurer's office. Legal¬ — and of as 1, 1959. Principal and interest (M-S) pay¬ able at the Easton Trust Co., Easton National Bank, or at the Lafay¬ from date of issue. Princi¬ Offering Dated 1, 1954. Due on March 1 from. 1955 to 1994 inclusive. Bonds March 1 from 1955 inclusive. $370,- bonds. revenue March Bond Ore. improvement bonds. Dated March 315,000 Bond 100.40. a-basis " 1.55%. Wyomissing, Pa. bids until 7:30 p.m. (PST) on Feb. 23 for the purchase of $39,784.42 563—were awarded to Strana¬ Tiffin 8 Wilkinsburg, Pa. Remick Bond Offering-^-Lyle Chappell, City Recorder, will receive sealed $230,000 han, Harris & Co., Toledo, as 23/4s, at 102.03, a basis of about 2.53%. l%s, at as about OREGON Bond Sale—The $795,000 build¬ ing bonds offered Feb. 9—v. 179, p. burgh, of are sold Sch. im¬ Feb". 179, p. 446—were awarded McJunkin, Patton & Co., Pitts¬ maturing Co., Cincinnati, 1, New Milford), Ohio offered ^ a Local bonds provement 5 at R. D. No. " $150,000 County No. Reusch & as 23As, basis of about 2.55%. Sale—The Pennsylvania lndep. Sch. Dist. Bond Offering — W. S. Stack(P. O. Perry), Okla. house, Secretary, will receive seal¬ Bond Offering—A. H. Howell, ed bids until 8 p.m. (EST) on Superintendent of Noble Bond Sale—An issue of $1,890,000 school revenue bonds was Southeast Warren, Pa. Bond 1.72%. April 1 from on v. Bond Sale—The $50,000 build¬ ing bonds offered Feb. 9—v. 179, p. 659—were awarded to Fox, 101.90, Corp., and Blair, Rol¬ Inc., both of New York jointly, as 2%s, at 100.09, to 1, New Milford), Ohio re¬ jointly, 345,000 2j/4s. Dup 1966 to April from on $85,000 improvement bonds. Dated 179, p. 150 — March 1, 1954. Due on March 1 Sweney Cartfrom 1955 to 1963 inclusive. Prin¬ wright & Co., of Columbus, as cipal and interest (M-S) payable 3V2s, at 100.65, a basis of about at the City Treasurer's office. Le¬ 3.42%. gality approved by Townsend, El¬ fered $500,000 563—were awarded to the p. 659—were $1,035,000 2s. Due West, The $20,000 water improvement bonds of¬ — Sale—The basis of about 2.29%. a com¬ Zahner Bond Quaker City, Ohio 179, to basis of about 2.66%. of March as —v. Bros. 179, p. 659—were awarded to J. A. White & Co., of Cincin¬ as 1954. First Boston Stern 8—v. nati, callable are 659— p. group pal and interest Bond Sale—The 1, funding bonds offered Feb. 8—v. posed of Blyth & Co., First Boston Corp., both of New York City. noon interest March Scranton School District, Pa. Bond City, The $2,000,000 improvement bonds works Dated on lins & Co., received Nov. 1 from 1955 bonds. March 1 from 1955 to 1971 inclusive. Bonds due in 1960 and 8 Muskogee, Okla. Bond Offering—Sealed bids will on ing Due Saul, of Philadelohia. offered National Bank interest $113,000 1, 1954. Due until 7 p.m. (EST) on Feb. 26 for the purchase of $85,000 build¬ 659—were awarded to Co., Tulsa, & Co., Inc., Toledo, Ohio Company of Columbus, and Stranahan, Harris & Co., Inc., Toledo, as 2V2s, at 101.31, a basis of about 2.36%. Secretary of the Board of School Directors, will receive sealed bids $60,000 swim¬ bonds p. First net group Bosworth Township Sch. Dist. (P. O. St. Thomas), Pa. Offering — E. C. Barnes, 1, 1959. Interest M-S. Legality ap¬ proved by Saul, Ewing, Remick & for the purchase of $40,000 build¬ Ohio Thomas Bond were basis of about a Sale—The receive Mansfield), St. Monday, February 15, 1954 . thereafter Chicago, inclusive. Cleveland (EST) on Feb. 16 for the purchase of $1,148,000 bonds, divided as $102,000 Ohio on of Central Republic Co., of W. E. Hutton & Co., of R. D. No. Cleveland Heights City Sch. Dist., (EST) Wil¬ 2%s, basis of about 2.62%. a members Rootstown 2y4s, at 100.04, interest Collins, City Comptroller, will 101.28, Other 179, 2.24%. 1955 to 1969 inclusive. $2,020,000 446—were awarded to p. Braun, Co., Inc., of Toledo, awarded to follows: $19,000 water bonds. Due The — a works Chester, Clinton, East Union, Franklin, Wayne and Wooster p. Sale building bonds offered Feb. 10— Bond (P. O. Wooster), Ohio mon, J. by the Village Clerk (EST) on Feb 24 for the purchase of $298,000 munici¬ pal building bonds. Dated March New Scottsville, New York Bond Offering—Chester G. Har¬ Prentiss 10 OKLAHOMA —v. — Feb. 2.40%. til noon be 1, 1960. Principal and interest payable at a banking institution Joint 2V2s, at 101.05, Bond Drew, Clerk of the Board of Trus¬ tees, will receive sealed bids un¬ Principal and interest York, Syracuse. Legality approved by Vandewater, Sykes, Heckler & Galloway, of New York City. as the Offering offered William Blair & Co., Chicago,, and John B. Joyce & Co., of Columbus, & Township (P. O. Hudson), Bond from Fargo, N. Dak. (F-A) payable at the Marine Mid-, land bonds awarded to a group composed ol Braun, Bosworth & Co., Inc., To¬ ledo, Ohio Company of Columbus, ap¬ Ohio until suitable ing . Sale—The $995,000 build¬ Mingo Junction, Ohio Due Bond Offering—Wm. G. John¬ time. Principal and interest (J-D) payable at the St. Law¬ son, City Auditor, will receive sealed bids until 11 a.m. rence County National Bank, Can¬ (CST) ton, and at the Bankers Trust Co., on Feb. 25 for the purchase of $1,New York City. Legality approved 575,000 water utility revenue by Hawkins, Delafield & Wood, bonds. Dated Jan. 1, 1954. Due on of New York City. July 1 from 1956 to 1983 inclu¬ sive. Bonds maturing in 1970 and Salina, Lyncourt Fire Dist. (P. O. thereafter are callable as of Jan. inclusive. interest Adams Millersburg. Legality proved by Squire, Sanders Dempsey, of Cleveland. and 1961.' any Due 1964 Bank, Sale—The 1955 to 1992 inclusive. Callable at -■} at Mounted Route East, $50,000 street improvement bonds offered Feb. tory, non-tax exempt bonds. Dated Dec. 1, 1952. Due on Dec. 1 from Syracuse), N. Y. Bond Offering—Ralph J. Rivers, District Treasurer, will receive sealed bids until 10 a.m. (EST) on Feb. 18 for the purchase of $25,000 fire bonds. Dated Feb. 1, 1954. to and the Principal Kenower, . ' the from Raeford, N. C. as St. 1 1970 to 1979 inclusive. & City. June on 1969 inclusive., 355,000 3xAs. Due (M-S) Co., New York City. Legality ap¬ 1 225,000 3s. Due from 1955 payable at the Hempstead Bank, Hempstead, or at:- the Chemical Bank & Trust interest 1955 from 1 payable Bond District 1954. Oct. on inclusive. , Clerk, will receive sealed bids until 11 a.m. (EST) on Feb. 16 for the purchase of $521,000 building bonds. Dated March 1, Gray, County E. of Kettering Local Sch. Dist. (P. O. Dayton 9), Ohio CAROLINA NORTH 658—were awarded to Mer¬ rill Lynch, Pierce, F e n n e r & Co., both of New York, as 2.60s, B e a n e of New York City, at at 100.85, a basis of about 2.53%. 100.06, a net interest cost of about Oyster Bay Union Free Sch. Dist. 3.28%, as follows: No. 13 (P. O. Woodbury), N. Y. $165,000 6s. Due on June 1 from Bond Offering —Nelson Wray, 1956 to 1962 inclusive. -V6 H. — Board City School District, Ohio Bond of about 2.52%. Marine New York, the Urbana . New 179, p. 658—were awarded to a v. Offering of ^ (EST) on Feb. 20 for the York, Buffalo, purchase of $20,000 fire station Paine, Webber, Jackson & Curtis, construction bonds. Dated March Wood, Struthers & Co., R. D. 1, 1954. Due on Dec. 1 from 1955 White & Co., all of New York, and to 1964 inclusive. Principal and Kenower, MacArthur & Co., De¬ interest (J-D) payable at the Na¬ troit, as 2.60s, at 100.88, a basis tional Bank of Hudson. of Orchard Park, Aurora, a composed of the Marine Trust Co. Clerk (P. O. Millersburg), Ohio i ; , Bond general purposes bonds. April 1 from 1955 to Due North Holmes Cvunty 1954 to inclusive. 477,000 Bank of New York. bonds. purposes April 1 from on 1962 Amalgamated 46,000: The general 569,000 67,000: Kings County Trust Co., Brooklyn, N. Y. . of the City sealed bids group: Auditor, will receive until April 20 for the purchase of $25,000 auditorium Lynch, Pierce,' Fenner & building bonds. Goldman, Saehs & Co., both of Philadelphia, Blair, Rol¬ Viborg lndep. Sch. Dist., S. Dak. lins & Co., Inc., Stroud & Bond Offering The Clerk of Co., of Philadelphia, Ira Haupt & Co., of the Board of Education will re¬ Merrill Beane, — New York, Dolphin & Co., and Rambo, Close & Kerner, both of Philadelphia. ceive sealed for the torium bids until April 20 purchase of $40,000 audi¬ building bonds. Number 5299. Volume 179 s The Commercial and Financtat Chronicle TENNESSEE Athens, Tenn. Bond Offering R. — Powell Black, City Manager, will receive sealed bids until 7:30 p.m. (CST) on March 2 for the purchase of $100,000 school bonds. Dated Jan. 1, 1954. Due on April 1 from 1970 to 1974 inclusive. Principal and interest (A-O) payable at Chemi¬ cal Bank & Trust Co., New York City. Legality approved by Chap¬ man & Cutler, of Chicago. McMinnville, Tenn. Sale Bond and water offered Feb. 5 179, v. to — com¬ Securities & Co., Bradford C. J. 447 p. group a posed of the Equitable Corp., bonds revenue — awarded were The $1,000,000 — sewer Cumberland Securities Corp., Webster of Nash¬ Gibson, all & ville, C. H. Little & Co., Jackson, Temple Securities Corp., and Jack M. Bass & Co., both of Nashville, at 100.18, a net interest cost of about 3.32%, as at any other place of payment designated by the purchaser. Le¬ gality approved by Vandewater, Sykes, Heckler & Galloway, of New York City. or follows: $400,000 sold to was a 402,000 3 ^s. Due on Oct. 1 from 1973 to 1978 inclusive. — school Feb. building 5 awarded to offered bonds 179, v. — Angelina County (P. O. Lufkin), Texas court Sale—The $500,000 bonds offered Feb. awarded to Rauscher, house and jail Dallas, as follows: $2,000 21/4S. Due Feb. 15, 1956. 498,000 2V2S. Due on Feb. 15 from inclusive. 1977 to 446 p. — (P. O. San Antonio), Texas $1,000,000 road offered Feb. 9—v. 179, p. Bond Sale—The bonds awarded 447—were Bank of New west group a National City York, First South¬ the of composed to Co., Dallas, Rotan, Mosle & Cooper, of Houston, and Hudson, Stayart ,& a Dallas, at Co., net interest cost of about as 100.06, 2.27%, follows: Feb. 10 from on inclusive. 1960 1956 to inclusive. 1969 1961 to 513,000 2V4S. Due 1970 The bonds 15 years Bexar on $3,570,000 are redeemable after from date of issue. 4s. Due 5,002,000 2V2S. March on Due Is. March on March on 10 from 1955 on March 10 from 1955 to 4969 inclusive., 180,000 Training School for Girls bonds. Due 1955 to on March 18 from 1969 inclusive. The bonds are dated March 10, 1954. Principal and interest (M-S) payable the at Chase National Bank of New York. Legality ap¬ proved by Dobbins & Howard, of Drexel & Co., Harris Trust & City, York New Merrill Co., & Pierce, Fenner & Beane, Pressprich & Co., F. S. Lynch, W. R. syndicate: Savings Bank, of Shields Chicago, Buffalo, & Pomeroy, Becker & Co., Hutton A. G. of Chicago, Inc., Dean Witter & Co., of San Francisco, Underwood, Neuhaus & Co., of Houston, First Southwest Company, of Dallas, Trust Co. of Atlanta, Co., of San Francisco, Weeden & March 2 Bonds Georgia, & Wells, Inc., Shearson, Hammill Winthrop & Co., all Stern Bros. & Co., of New York, of Kansas Quirk King, City, & Co., of New York, William Blair & Co., of Chicago, Dittmar & Co., of San Antonio, Fridley & Hess, of Bank Savings Co., merce Trust Co., of & Com Cincinpati, of Kansas City, Lyons & Shafto, of Boston, Sills, Fairman & Harris, of Chicago, & Co., Antonio, San of Fahey, Clark & Co., of Cleveland, Inc., of Washington, D. C., Wood, Seasongood & Mayer, of Cincin¬ nati, First Cleveland Corp., of Cleveland, Eldridge E. Quinlan & of New York, and Breed & Harrison, Inc., of Cincinnati. B© bonds n Sal e—The d Feb. offered $2,500,000 to 179, p. group a composed of the Mercantile Trust at (EST) noon nouncing the Charles E. of the obligation bonds. Due serially in 1974 100,000 and investment demand the bonds will mature from 36 to 40 years as issues the The Indep. Sch. Dist., Harris $375,000 and 1 from March on 214s, 1970 to inclusive. public 2s. Due stitutes the sale of increase more the amount than $1 placed billion. to bonds Local series 1,000,000 semi-annually from 1978 to Jan. 1, The bonds Jan. 1954. Jan. dated are Alternate bids will be sidered for the bonds to ject to redemption 93,575; on be Hawaii Chicago, 111. Cook County, 111., 1, to decision earlier con¬ of to until library bonds as on March 1 from 1955 Dated April 1, 1954. Due on April 1 from 1955 to 1975 inclusive. In¬ Principal and .interest Treasurer's holder's option, at the State Bank, Pasadena, or at of March structing and financing the Expressway Program to the County of Milwaukee. This transfer is — Mrs. Hendricks, Secretary of the Board Trustees will until 8 receive Provo City, Harold sealed 1954. Due on Feb. 1 from 1955 to Bonds maturing in Utah Bond Offering—Sealed bids p.m. bids be received sewer Due (MST) purchase bonds. on will by the City Recorder a.m. Feb. Dated 1 from on Feb. of $550,000 Feb. 1, 1954. 1957 to 1977 il970 and thereafter are callable as inclusive. Bonds maturing in 1963 of Feb. 1, 1969. Principal and in¬ and thereafter are callable as of Feb. 17 for the purchase of $3,415,000 school bonds. Dated March 1, 1954. Due on March 1 from 1955 to 1973 inclusive. Principal and interest (M-S) payable at the City Treasurer's (F-A) payable at the State Aug. 1, 1962. Interest F-A. Legal¬ Treasurer's pffice. Legality ap¬ proved by McCall, Parkhurst & ity approved by Chapman & Cut¬ ler, of Chicago. 1 office at or a bank Cutler, of Chicago. proposed; is¬ erendum in Sal e—The offered Feb. 447—were awarded of¬ or fered for sale by the City of Milwaukee. v>',> 2,000,000 Municipal Building Garage. It arid is expected that this borowing will be accom¬ plished through the medium of promissory notes, author¬ ized by Section 67.12 (12jj of the Wisconsin Statutes. There will be no need these for funds until very late in 1954. 5,000,000 School Construction, Site Acquisition, and Modern¬ ization. Initial issue of an ag¬ gregate School Bond issue of $18,000,000 to be submitted for referendum approval in a spe¬ cial election to be held on April 6, 1954. City does not expect that these bonds will • be offered for sale, until late in 1954, assuming referendum approval. ■ CANADA QUEBEC Chateaugay, Que. Bond Sale—An issue of $113,000 public improvement bonds was sold to L. G. Beaubien & Co., of Montreal, at 99.83, a net interest cost of about 4.67%, as follows: $52,000 3s. Due on Feb. 1 from 1955 to 1964 inclusive. 61,000 S^s. Due on Feb, 1 from 1965 to 1974 inclusive. • The bonds dated are Feb. 1, 1954. L'Ascension Parish, Que. Bond Sale—An issue of to waukee), Wis. Bond April 1954 '1 $38,000 water and sewer bonds was sold Milwaukee County (P.. O. Mil¬ bonds prog¬ does not will be submitted to ref¬ sue designated by the purchaser. Le¬ gality approved by Chapman & terest Crowe, of Dallas. Brady presently in ress, and the City believe that this 1, ford, City Clerk, will receive seal¬ ed bids until 11 a.m. (CST) on Indep. Sch. Diet., Texas Offering 1973 inclusive. Secretary of the Board of Trus¬ as UTAH tees, will receive sealed bids until Dorrell, such ,1 Wisconsin, Legislature passed a bill authorizing the transfer of the responsibility for con¬ of Bond Offering—Harlan C. 8 p.m. on Feb. 25 for the purchase of $1,000,000 school house bonds. B. amounts, favora¬ a decision. Major Traffic or Ex¬ press Highways. Following adoption of 1954 budget, the Offering—Ralph S. Lund, 1965. Interest F-A. approved1 by Lines, rent paid or accrued by the in¬ Legality Spooner & Quarles, of Milwaukee. dustrial lessee to the municipality Janesville, Wis. which issues the bonds." of sale 3,000,000 ^veiupmem uu deductions 1955, assuming ble court to In the from judicial these bonds to be offered until late in 1954, and possibly not press legislation withheld (Sec. 66.43, Wisconsin Stat¬ utes). City does not expect sub¬ Jan. 1, 1964. for en¬ District Clerk, will receive sealed subject bids until 8 p.m. (CST) on Feb. interest on certain new public 26 for the purchase of $250,000 housing authority bonds and in¬ building bonds. Dated March 1, dustrial development bonds to 1954. Due on March 1 from 1955 actment be determina* tion of the Blighted Area Law ____ Bond Against, pending 1, 2,830,000 Baraboo, Wis. 24,740,000 Detroit, MichBond Offering —J. T. Walker, Winona, Minn. L_ 1,655,000 City Clerk, will receive sealed Syracuse, N. Y 4,390,000 bids until 10 a.m. (CST) on Feb. Camden, N. J.__. 8,895,000 24 for the purchase of $490,000 Paterson, N. J.__ 5,605,000 school bonds. Dated April 1, 1954. New York, N. Y 24,570,000 Due on April 1 from 1955 to 1969 Delaware County, Pa._ 1,515,000 inclusive. Interest A-O. Huntingdon Co., Pa... 1,125,000 Scranton, Pa. 2,855,000 Black River Falls (City), Adams, Albion, Alma, Brockway, Frank¬ Washington, Co., Pa._ 1,490,000 lin, Irving, Komensky, Knapp, Mayaguez, Puerto Rico 8,555,000 Manchester, Millston, Spring¬ United States field, Dewhurst and New Proposed Taxation of Housing Lyme (Towns) Joint Sch. and Industrial Bonds Abandoned. Dist. No. 2 (P. O. Black -±-The House River Falls), Wis. ■ Ways and Means April 7,1953 (For 50,953) but on have been and will continue 1979 inclusive. Principal and interest (J-J) pay¬ able at the City Treasurer's office of Issue or at the State's fiscal agency in $1,665,000 New York City. Legality ap¬ 8,670,000 proved by Wood, King & Daw¬ 5,775,000 son, of New York City. 12,420,000 2,245,000 WISCONSIN 1 Authority group: authorized by ref¬ were erendum Amount Huntsville, Ala San Francisco, Cal.___ the of • 1978 inclusive. C bonds. Due new housing authority bonds and will (CST) on Feb. until 10:30 15 for the purchase of $150,000 25 for the school house bonds. Dated Feb. 1, Pasadena ninth members National $750,000 Slum Clearance and Blight Elimination. These 1974 to Jan. 1, during 1953. financing con¬ to 1959 inclusive. McAllen of County, Texas . to 1973 inclusive. sold forthcoming March 1 from 2,000,000 series B bonds. Due semi-annually from Jan. 1, compared with the 30-year limit on on $2,000,000 series A bonds. Due on lowing additional general obliga¬ Jan. 1 and July 1 from 1964 tion financing: ^ Housing Adminis¬ tration, stated that because of fa¬ vorable money market conditions Other Chase Bank, Bankers Trust Co., Chemical Bank & Trust 1960 to. 1963 inclusive. 55,000 2V2S. Due on March 1 from Co., Brown Bros. & Harrimap,& 1964 to 1973 inclusive. Co., all of New York, Marshall. & Isley Bank, Marine National Ex¬ Quincy, Wash. change Bank, both of Milwaukee, Bond Sale—An issue of $88,500 City National Bank & Trust Co., 5%% Local Improvement District of Chicago, and the Northwestern No. 2 bonds was sold to Grand & National Bank, of Minneapolis: Co., of Seattle. Dated Feb. 1, 1954. Due Feb. 1,1966. Milwaukee, Wis. Interest payable Additional 1954 annually on Feb. 1. Legality ap¬ Financing —-j In connection with the scheduled sale proved by Preston, Thorgrimson & on Feb. 23 of $7,500,000 school Horowitz, of Seattle. ipid sewer bonds—v. 179, p. 564—rwe Tacoma, Wash. are informed by Virgil H. HurlesS, Bond Offering—C. A. Gaisford City Comptroller, that the city Director of Finance, will receive does not provide bid forms (ind sealed bids until 2 p.m. (PST) on that delivery of the bonds is hot March 1 for the purchase of $5,- to be made until about March 17. 000.000 light and ppwer revenue Mr. Hurless also advises that the bonds, divided as follows: 1954 budget contemplates the fol¬ 18,p00 3s. Due , Bond State an¬ awards, Slusser, Commissioner Public federal 20 years. office, March 2. In on scheduled March 1 from to 1974 inclusive. Principal and taxation. case interest (M-S) payable at the Dallas, E. F. Hutton & Co., N^^ing bonds Chairman Daniel Reed of New York is quoted as Jackson County Bank,' Black York City, Eddleman-Pollok VnrV " saying the Committee had decided River Falls. Legality approved by Houston, and the Dallas Union to rescind its earlier decision in Chapman & Cutler, of Chicago. Securities Co., of Dallas, at 100.06, light of the subsequent submission a net interest cost of about 2.06%, Brookfield Sch. Dist. No. 8 (P. O. to Congress of President Eisen¬ as follows: 1 Milwaukee 13), Wis. hower's housing program. With Bond Offering — Elmer E. $1,450,000 auditorium - coliseum respect to industrial bonds, Mr. bonds: $460,000 2s, due on Reed declared that instead of Wendt, District Clerk, will offer at March 1 from 1955 to 1961 public auction at 2:30 p.m. seeking to levy a tax on the bond (CST) on Feb. 17, an issue of inclusive; $240,000 l%s, due interest, the Committee had de¬ on March 1 from 1962 to 1964 $100,000 building bonds; Dated cided in favor of an amendment March 1, 1954. Due on Feb. 1 from inclusive; $375,000 2s, due on March 1 from 1965 to 1969 in¬ which would "simply disallow the 1955 to 1971 inclusive. Callable as due Lynn Crossley, City Auditor, will receive sealed bids until April 5 for the purchase of $8,800,000 general payable at the $119,000,000 which via competitive bids sold Co., St. Louis, Republic National,h£,u°uld11 Bank, First National Bank,, both Dallas, Texas terest A-O. on on 1956 to 1959 inclusive. Committee has withdrawn its 9—v. awarded 564—were clusive; Offering—B. Sold list of the $14,000 3s. Due about 1.15%. 1,060,000 (Group 1) Metropolitan Sewerage bonds as 1.20s, at 100.06, a basis of about 1.18%. - Provident Trust Bond Offering—E. Bond be a authorities and the respective bonds Somerville, Mass. Houston. to Below is — amounts of their Wood, Struthers & Co., Andrews San Antonio. Deer Park STATES ing bonds offered Feb. 9—v. 179, p. 660—were awarded to Blyth & Co., of Seattle, as follows: Co.;Tn°^ to 1969 inclusive. 125,000 Training School for Boys bonds. Due UNITED aggregating from 1980 to 1983 inclusive. Huntress, $250,000 Home for the Aged bonds. Due inclusive. housing 10 Lubbock, Texas Offering—Fred County Clerk, will receive sealed bids until 9:30 a.m. (CST) on March 9 for the purchase of $555,000 bonds, divided as follows: April 1 from on 1981 Housing Due on March 10 Other members of the Texas Bond 1978 to 10 from 1966 to 1979 inclusive. Co., County (P. O. San Antonio), April 1 from on 1977 inclusive. 210,000 iy4s. Due from 1956 to 1965 inclusive. Gundy & Co., Inc., of New York, Feb. 10 from inclusive. 1978 to 1965 to United States Folger, Nolan-W. B. Hibbs & Co., 355,000 2s. Due on Feb. 10 from Dallas, lows: Russ $132,000 5s. Due 711,000 3s. Due were headed syndicate a & Co., Robert Road District No. 1 Co., follows: National City Bank of New York at 100.03, a net inter¬ est cost of about 2.34%, as fol¬ of 1957 Southwest $579,000 4s. Due on April 1 from 1955 to 1964 inclusive. the by Schoellkopf, TEXAS 1 Bexar County First First of Michigan Corp., New York as Smithers & Co., all of New York, were » WASHINGTON headed by the Northern Trust Co., $1,500,000 Adams r County, Othello Joint Con¬ Chicago, as follows: water works revenue bonds of¬ solidated Sch. Dist Nos. 147-163$5,000,000 (Group 2) institution fered Feb. 9—v. 179, p. 660—were 55 (P. O. Ritzville), Wash. building and stadium; bonds awarded to a group composed of as 1.20s, at Bond Sale—The $87,000 build¬ 100.15, a basis of will be 317,000 3 V4S. Due on Oct. 1 from 1966 to 1972 inclusive. 5 Angelo, ..Texas revenue Houston Indep. Sch Dist., Texas Bond Sale The $10,000,000 59 Sale—The group 2%s, 3*4s and 4V4S, at par. 1 from "221,000 2%s. Due on Oct. 1 from 1959 to 1965 inclusive. Pierce & Co., of San - Bond City, Dallas Union Securities Co., bonds Dallas, Lyons & Shafto, of Boston, composed of R. A. Underwood & Co., Hudson, Rauscher, Pierce & Co., First Stayart & Co., both of Dallas, and Southwest Co., both of Dallas, and Thomas & Co., Pittsburgh, at par, Russ & Co., of San Antonio, as a net interest cost of about 2.69%, water and sewer 1956 to 1958 inclusive. Bond (767) the Edna, Texas Bond Sale—An issue of 1,428,000 $60,000 3^s. Due on Oct. ^ $6,060,000 8—v. to a 179, p. group La Corporation de Prets de Quebec, as 4 Vzs, at 93, a basis of about 5.35%. Dated Nov. 1, 1953 and due on Nov. 1973 inclusive. 1 from 1954 to €0 (768) ) The Commercial and Financial Chronicle ... Monday, February 15, 1951 / Thank Ton Mr. Secretary ' / THE SECRETARY OF COMMERCE WASHINGTON 25 Dear Mr. Seibert: ! \ I should like to ' congratulate you on your splendid Annual Review and Outlook Issue. By printing business and confidence so many government, in our for based judgment All on as rumors. on facts are , , far more reliable than Knowledge is the best foundation stone to prospects. during the year you have been presenting such views. This contribution to America's business an of have done much to inspire sound country's destiny. Opinions grounded hunches statements by outstanding leaders you thinking and planning is extremely worthwhile public service. And I want you what you are doing so personally to know my own feelings about well. Sincerely yours, Secretary of Commerce Mr. Herbert D. Seibert Editor and Publisher The Commercial & Financial Chronicle 2$ Park Place New York 7, New York