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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%

--

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loan

external

*53

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4'/zK 1956

debentures

debentures

conv

100

140

COMPANIES

Map-Nov

2%s debentures 1971

(interest

2008

of)

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*.

Plan

1

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3%s

79

2

91%

93

134

134

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*53

60

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r

Ltd—

debentures

3Vis

12

,

63

-

9%

10%

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1956.—Mar-Sepf

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—

--

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fund

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(>»/2fi

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t

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to

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(Dept of)

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,

—

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debentures

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of

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readjustments 1978—Feb-Aug
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A

121

60

external

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1

16

60

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readjustment

assented

Alabama

18

100%

70

*75

__

—

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Albany & Susquehanna rr 4 Vis 1975
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—May-Wow
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April-Ocf

*16%

100 %

121

69%

Mar-Sepf
on_____

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to

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(1922

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;

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—April-Ocf

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§ A Large

121
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of

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-

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f 1971

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87

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1,102

66

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_

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'

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64
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to Plan

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—

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.

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to

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(Colombia)

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extended

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of

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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

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Co

*101%

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income

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86%

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100

100%

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103

95%

92%

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II

101

97%
87

A3s

86

88

6

100

101

1

82%

32%

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81%

Electric

Power

first

1976

3s

June-Dec

California Oregon Power 3%s 1974
Canada Southern consol gtd 5s A 1962
Canadian National Ry—
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Guaranteed

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92

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A

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a

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debentures

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106
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1975

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111

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N

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104'A

98'A

1978

95'A

94

.94%

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84

mortgage 2%s 1973
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62
171

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91%

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„

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1979——Jan-July

1969

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|

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.

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93%

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>—

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1988

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94%

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F

2

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debentures

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(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

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—

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97%
96%

96%

93 %

1

101% 102'A

102

71

5

96%

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—

—

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101

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4%s

series

series

101%
2
25

*96

100 ff 100%

102

98%

100.1$
'

98%
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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%

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14%

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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

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V

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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