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BUSINESS ADMINISTRATIS^ JU8RART _ JAN 18 1954 * Reg. U. S. Pat. Office Volume 179 Number 5291 New York RAILROAD PUBLIC UTILITY - 7, N. Y., Monday, January 18, 19541 INDUSTRIAL - Acme Steel Co.—Secondary Offering—A secondary of¬ fering of 139,092 shares of common stock (par $10) was made on Jan. 13 at $21.25 per share, with a dealer's con¬ cession of 70 cents per share, by F. S. Moseley & Co.; A. G. Becker & Co. Inc.; Blyth & Co., Inc.; Glore, Forgan & C and Merrill Lynch, Pierce, Fenner & Beane. It Price $1 INSURANCE - Appalachian ciates In The corporation Jan. on filed letter a of notification New York corporation covering Jan. on 4,000,000 Boston November— Net Ty. railway— railway-/—, Gross Net Jan. Stock ry. —V. $1,598,240 363,244 104,675 274,175 railway.. 18,285.843 17,878,869 18,049,589 5,361,138 __ 4,509,661 3,046,923 4,308,713 1,736,888 979,398 1,911,457 income. oper. 3,109,080 16,112,963' Toronto Stock Stock Over-the-Counter Natural Gas Co.—Secondary Of¬ fering—Scott, Horner & Mason, Inc., Lynchburg, Va., on Jan. 5 offered 1,800 shares of common stock (par$l) at $13.25 per share. They have all been sold at retail. The is the proceeds to to B. F. Grizzle, stockholder.—V. 179, p. 101. celling are of Sheffield, go ' i ' ' • ; corporation has announced that it plans to a group of banks this week. loan to repay a April, largely for substantial Allied 1953, broad a issued of program has progress been $200,000,000 State and with 25-year The expansion. made of the to Declared Foreign Exchange and at offered be r' to used $50 of for pay filed 8 stock with (no - . . t < . ■ SEC the to Condition , are to Sales,.' - • —V. appointed to the newly changes become effective Feb. created was B. post of 1, according to Chairman.—V, ,178, p. 2089. Given, Jr., Vice-Chairman. due p. 1977/ • . " . Dryden Paper Co., Ltd. below.—V. 178, p. 2297. " series due Its pand See Arizona serial Co. below.—V. 178, p. 2194. series series _■ stock (no par the maximum appointed Guaranty Trsut Co. of New York agent scrip certificates for common stock ($10 par 10, 1951, at the rate of 67.77 cents for each company has redeem outstanding dated value) l/100th of Sept. share.—V. one 179, 1. p. International and tall to below. American Radiator & Clarence M. it Standard Sanitary Director Corp.—Clar¬ and of on Jan. 11.- Detroit Controls Corp., Bridgeport, and H. acquisition Mr. as a Conn., specialized Charles division of American Radiator & Standard a 92-year Jr., old the it President was of Controls, automatic 2194. valves, fittings Jan. on Controls. of 14 Terms present company name personnel Detroit are Controls will be the oil are surface is a major producer of crude and that no major contemplated. The market a controls more engines and industrial uses.—V. 1 §On Electric July 20, 1953, the company its parent, 100,000 shares of Co., consideration of $7,000,000.. Co. Loeb Co.___:_$4,100,000 & Securities & E. Corp._ 4,100,000 Peck Share Strudwick-. Co. & - Carl 200,000. Co./ 1,500,000 Co & ' " 200,000 Loeb, Co. Rhoades 1,500,000 300,000 ____„_4 Mason-Hagan, Inc. Newhard, Cook & Co 200,000 Inc. Smithers & Stern Brothers J & Co Co.__ 400,003 Securities Stetson - • 200,OCO 700,003 1 S. F. - 300,063 " Fairman & Harris, Sills, 200,000 700,000 $500,000 Co & Bond Corp. M. & . 1,000,000 Co.—1,500,000 Co.— & Hutton E. Indianapolis 1,500,000 & Hutton F. W. 200,000 Securities Corp. 200,003 101. 178, p. of this is fatty acids and is. the sole producer of tall City (Fla.) will only of industrial of Tall the under 178, it Utilization use. Arizona Trust Co., manufacturers of also a director of Irving of Smiths, at on 4,000 6 filed of 6% Jan. shares letter a notification of cumulative with stock preferred tho to be net pro¬ ceeds are to be used to pay for fixed assets and organizational ex¬ penses. Robert W. Lees, attorney-at-law, 616 Harrison Building, Phila¬ and refining facilities plant by 2% times. A substan¬ par delphia 2, Pa., ($10 share), per without underwriting. The represents the company. into its component parts was Associates Investment Co.—Reduces Interest Rate— The com¬ of these new types of tall oil Chemical - Jan. by Associates They rates 1852, .to days, 30-89 are: 8 by were in as many 1%, effective 90-179 days, 2%; down Va 1%%. per year; days, 2%%. of 2V'8%,' and 266-270 days, reductions growing to rate reduction this company. interest on announced 8. The a paper announced 180-265 • commercial was rates New; Jan. products Co." fourth months supply in of prevailing money in 1953, May, interest 1951. were paid for borrowings short-term reflect for investment and is a return earlier increases, from December, available Three wiped out.—V. 178, p. 1977. I "pine") oil is made from waste products of sulfate paper-making process. Arizona Chemical Co. obtains its raw from world. the tion Co.'s the of seven sulfate the Kraft Division, Products trademark Badger of paper mills of International Paper largest producer of sulfate process paper Arizona Chemical Co. are marketed the plant facilities ae Stone & Webster Construc¬ Division. Building will start date set for mid-1955. booklet the describing company company's office N. Y.¬ is as a Atlanta & West Point RR.—Earnings— almost immediately "Acintol" tall oil products has been guide for users of Arizona products. at 30 Rockefeller Plaza, New York located 1953 November— Gross "Acintol." new completion 46-page published by The Board and Mr. Enstrom is tall fractionating Engineers for the A the of Arkell of (Swedish for kraft in corporation covering offered required extensive research and development work in coopera¬ tion with our customers., The plant expansion is the result of sharply increasing demands by industry for the various 'new tall oil deriva¬ or Chairman director a Act. problem tives Enstrom, elected Army-Navy House, Inc., Philadelphia, Pa.—Files— The SEC be increase the N. been special purpose bags. Warner-Hudnut, Inc. and asphalt additives. expansion will increase separating This Smiths, Canajoharie, N. Y.—Banker Elected Director— WiHiam mercially unsolved," Mr. Sumner said. "An investment of some 12 years of research, product development and pilot, testing were. neces¬ sary to produce the highly purified derivatives of tall oil suitable for 20, . & cash multi-wall and widely used by paint and varnish producers, coating, chemical and paper industries. Addi¬ company's Panama with > 1877 as Detroit Lubricator Co., manu¬ for air conditioning, domestic heating, diesel reacquired.^ Gas a 200,000 has dis¬ oils core Co.'s Southern operated and to shares 116 American Arkell & in tall oil fatty acids and tall oil oil rosin admitted under the Naval Thus, the expansion of facilities is expected to assure pres¬ ent and potential industrial users larger supplies at stable prices. "Although crude tall oil has been widely available for many years, by of founded in aviation, tall products plant material purchase, he stated, will ehable complete line of products. refrigeration, Co., mot revealed. subsidiary company under its in operating policies and factures bronze announced Detroit Hodges said that the newly acquired Detroit Monufacturing manufacturer of castings, changes p. Belknap issuance but amount 300,000 has also purchased bronze Hodges, were Corp., has Co, Paper and soap, part wide Unit Expands— Sanitary t67,384 shs. §9,100,000 shs. 10,000,000 shs. ; a markets for tall oil products include linoleum and floor cover¬ printing inks, metallic driers, detergents, disinfectants, lubricants greases, and rubber. Among important crude tall oil uses are the tial the Wooley, former Chairman of the Board, has been desig¬ Emeritus of the corporation by the board of directors, announced was as Co., lire.-' tional rosins. M. Wooley Designated Director Emeritus— nated oil the and ings, Stores ence oil flotation, American Motors Corp.—Nash and Hudson to Merge— Nash-Kelvinator Corp. 300,000 shs. : stock for & —V. 4- losins. Tall The See 6,000,000 700,000 shs. value) to $6,000,000 : Emanuel, Deetjem & Co. expansion of plant facilities of this company has been voted by directors, Richard E. Sumner, President, announced on Jan. 13. The company, a jointly owned subsidiary of American Cyanamid Co. oil This 20,000,000 - notes, due 1956-1967— stock (par value $100)—1 & the tilled American Gas & Electric Co.—Scrip Redemption Agent to 17,000,00.0, ' -__z limited by the requirements of the'instrument-under whfch such securities are issued. Arizona Chemical Co.—To Expand Plant Facilities— Chemical 25,000,000 . by ... Co.- -Jointly Owned Unit to Ex- Facilities- Plant • $70,000,000 17,000,000 Byrd Brothers An American Cyanamitl Outstanding ' 1983— R. S. Dickson & ' company $13,172,291. " .. l. Curtiss,' House ' ' of 1981 Baxter, Williams Blair, Rollins & .Anglo-Canadian Pulp & Paper Mills, Ltd.—Acquisition See 1,650,000. the 1953, income 1982 Kuhn, Union' 393,432,779 " of purchasers named below, of whom Kuhn, and Union Securities Corp., the representatives, are tho underwriters, have agreed to purchase from the company the respective principal amounts of. 1983 series bonds set forth below: $ 43,249,909 430,858,623 31, net 1,220 serves company population Oct. and 1980 due due Anderson .& $ properties. company's UNDERWRITERS—The 1953—9 M'os.—1952 .. financing, the like principal 28,000,000 series Loeb 45 ..$ 46,777,554 —— 178, The announcement an ; series Doolittle Kempton Dunn,. First Vice-President, has been elected President, succeeding Maurice N. Trainer, who has reached retirement age and Wm. $ «•' managing 46 : a 1977 common 45 1953—Month—1952 the The ended $80,872,950 due issued Co.—New President— Shoe monhts of series /Excluding American Stores Cor.—December Sales Up— : of at accrued the estimated an 1970— "Uhlimited Statement of Member Banks of Period End. Dec. 31— to in Tennessee. with 12 revenues Corp.. . plus par, the prepayment engaged and - area the due Common 43 Federal Reserve System: be par) underwriting. The proceeds expansion and for working capital. plant American Brake notification without . , letter of a cumulative preferred $4 share, per :■ I Jan. shares an series American 200 Virginia in series Alpha Instrument Co., Inc., Washington, D. C.—Files— The company on is mortgage bonds— 3Vz'/c 47 — Ripley company, distribution "<3V2% Payable,9 Reserve Banks the improvements 3V2% Combined Condition Statement of Federal projects; Harriman the CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING Adams . and from proceeds to 4Vz% Rates a Co. banks, issued for construction purposes. will be used to pay part of the cost of proceeds Company and Cumul.' pfd. City Bond Offerings Dividends casht expected to be generated as result of income from the new facili¬ ties, together with recovery of plant cost through depreciation, enables the company to prepay the loan at this time without curtailing pro¬ posed construction program or new development.—V. 178, p. 2039. covering the — 3%% 1 The Course of Bank Clearings that states new net to 2%.%. ,,31 Redemption Calls and Sinking Fund Notices-46 debentures company regard payable 3%-% 31 ' and Authorized General Corporation & Investment News.Cover $50,000,000 The company-will pay off this loan consisting of 3% notes, due Aug. 1, 1S55, out of its general funds. The loan was made in 1952 with right of prepayment without premium and was used principally for the financing of new construction. In of total 4.50% Allied Chemical & Dye Corp.—To Repay Loan— 101.836; & * 31 < - ■' Stuart Halsey, - $19,000,000 3'/*i/o Miscellaneous Features This Corp. * . additions operating "■First 31 Stock Exchange from came 42 Stock Exchange H who Ala., had 38 SEC Index of Stock Prices f Boston the EARNINGS—For > National Quotation Industrial Stock Averages_31 ' balance oemmunities 41 Dow-Jones Stock and Bond Averages * net Section, Markets Transactions American 3 Vis as redeemable, at the option of prices ranging from 106%% to apply notes Virginia,- West 37 Exchange,,. Transactions New York Alabama-Tennessee _,1 will of transmission 36 1 was on generation, purchase, and, sale of electric, energy to the public in Virginia ard Wset Virginia, and in the supplying of electric energy qt wholesale to other electric; utility companies and municipalities in __35 —35 _L_ 11 Jan. on ."/•'•'* BUSINESS _35 Exchange__L Stock Exchange,— Award of the issue be redemption extensions, 33 Toronto Stock Exchange—Curb 2297. p. Francisco San Montreal bonds First will PROCEEDS—Of The Exchange Canadian Stock Exchange railway.... 178, 367,299 regular 32 581,283 asso¬ offered interest. 32 Exchange— the The bonds 32 Stock for 101.95; amount $1,701,333 580,039 279,730 Exchange: Pittsburgh Stock Exchange 1950 $1,701,004 486,332 13 Co., Inc.,. 101.6099/ The 27 Philadelphia-Baltimore Stock Exchange. 1951 & company 1— from from 1952 Inc., 11 23 Los Angeles Stock the $1,593,398 income. oper. From Net 1953 from from Offered—- Bonds — 102.321%. bids 32 Alabama Great Southern RR.—Earnings— Net of Detroit Stock Exchange a registration statement with capital stock.—V. 178, p^ 2089. of (Stocks) Stock Exchange (Bonds) Stock Exchange, American Midwest Gross bid Cincinnati Stock Exchange filed 12 shares Stock Exchange New York Affiliated Fund, Inc., N. Y.—Registers With SEC— SEC Co. by the group at competitive sale won Page the SEC-covering 8,000 shares of common stock (par $1) to be issued in exchange for all the assets (approximately $120,500) and liabilities ($100,500) of Robb Manufacturing Co., Inc., Pittsburgh, Pa. The present market value of Aeronca's stock is around $2.50 per share. The-exchange offer will not be underwritten.—V. 173, p. 561, The Jan. on Other with Power subscribed and the books closed. Stock and Bond Quotations Corp.—Files—Acquisition— 11 Electric $20,000,000 of first mortgage bonds, 3V2% series due Dec. 1, 1983, at 102.824% and ac¬ crued interest, to yield 3.35%. This offering was over¬ This Issue ., Aeronca Manufacturing MISCELLANEOUS - Kuhn, Loeb & Co. and Union Securities Corp. and oversubscribed and the books closed.—V. 178, p. 1765. was Copy a from Net from Net ry. railway- railway oper. From Jan. Gross from Net from Net ry. —V. railway- railway p. 1951 1950 $353,290 $401,468 $419,246 86,934 53,768 106,185 115,189 34,259 3,733 35,237 37,963 4,110,185 4,156,098 4,143,404 3,977,341 668,302 746,107 780,331 862,289 221,842 156,012 164,838 219,055 1— oper. 178, income- 1952 $392,973 income. 2473. 2 The Commercial and Financial (202) — Secondary Offering—A shares of common stock (par $10) was made on Jan. 6 by Stroud & Co., Inc., at $30.25 per share, with a dealer's discount of 75 cents per share; If was completed and the books closed.—V. 179, p. 101. Ended— KaS - _ Fed. for Prov. & profits excess taxes - n'rofit — 33,750 j59,152 per "After The SEC Beck Shoe Corp.—Current $4,928,752 _ _ 178, Holdings— ; : : - . the par of His stockholders that he - has the has Board; Directors of resigned- due to to ','2% EFFECT TO GIVING 1977____ series due 1975i Keesling .has held he Mr. in resigning to resigned also with common a as , announced. Co. also is the director a of Contractors Genefal cum. 4.75% cum. cum. tCommon America, Committee Financial of ♦Additional to as designated sisting of 15,000 Calaveras require Inc. The two subsidiary companies main¬ principal cities of the United States, with the parent company maintaining offices in San Francisco and New York. ^-V. 178, p. 294. needed in of a and Lines, Inc., Alton; 111.—Files With SEC— Blaske The corporation on Jan. SEC covering 65,990 shares filed 7 of a letter of notification with the stock (par $2.) to be offered common -first to stockholders at $2.62% per share; then to puhlic if stockholders waive rights. The net proceeds will be used to make a down pay¬ on! ment purchase six of The offering will be Mo.—V. 171, p. 1782. barges. by G; H. Walker & Co., St. Louis, needed $l,i'80,000 sy^pms of tfo the 1953—Month^-1952 ments Rockford the in —V. 178, of first mortgage erally agreed class close class business shares B Dec. on 30 this of on the Stone A. Stock the general at 80,000 1954 year and trans¬ C. to of names the and purchase middle the respective are principal amounts offer $4,000,- to 1954. Webster & Securities.' In underwriters which each C. Central also See V. 179, p. 800 The. : Republic Co. (Inc.) Illin'ols Co 1953—Month—1952 As of Nov. 30— 1953 Net asset value per —V. 1952 $14,876,997 $14,699,797 646,691 604,975 $23.00 $24.30 Shares outstanding share Butler Brothers (& Subs.)—December Sales Higher— Period End. Dec. 31— . operating expenses- 20,214,984 Net Net 1953^-Month—1952 Sales- 1953—12 Mos.—1952 $ $ $ York field year 13,027,390 178, p. 12,551,226 129,574,593 120,892,858 National See - Phoenix Industries, Inc. Gross from from • ry. Gross below. T.) Campbell Sons' Corp., Baltimore, Md.— Arranges Loan—This company has placed a $600,000 loan due in 1963, with The Mutual Life Insurance Company of New York, it was announced on Jan. 13. The" proceeds will be used to bring about an improvement in working capital needed as a result of the company's extensive and continuing business expansion in recent years. This 60-year-old company is engaged principally In the production of stone, sand, gravel, and concrete to constructors and in¬ and of finely ground limestone to industry, and is an im¬ portant constructor of blacktop highways in the Maryland area. The Campbell headquarters are in Baltimore, but the company also operates and sale dividuals, subsidiaries in Connecticut, Pennsylvania and Virginia. ' $ 3,950,871 6,838,720 94,597,938 55,203,459 from ry. —V. 1952 1951 1950 Net stock ry. from ry. stockholders on Jan. 11. The purchase price is fixed at a Is ' currently quoted at about $12.50. W. Moore, President, said: "The R. profits discontinuance of the 256 ,782,583 245,376,413 241,942,551 215,644,056 72 2,303,542 68,714,045 68,409,933 67,328,675 income... 28 1,509,135 26,243,044 26,445,984 30,261,395 2571. He also share." predicted Chicago & Eastern Illinois RR.—Earnings November— Gross from Net from Net ry. railway 1954 are i sale, of President C. Fi¬ T. Mr. Dietz made acquired was the following state¬ in Its investment. on extensive insurance activities will not affected be 1952 1951 1950 $1,892,735 $2,086,210 $2,005,540 $1,699,45? 611,500 940,164 993,158 717,483 , 504,080 847,301 928,040 695,387 22,466,000 21,947,259 21,526,643 18,633,344 8,900,126 9,288,847 9,506,516 7,850,885 8,379,224 8,929,642 8,012,112 7,531,213 1— railway.; income... 2474. p. Mineral on Jan. Refining Co., Inc., Denver, filed 6 of shaves letter a Colo.— common notification with of stock (no buy to par) without share, be be to are - the SEC offered used at to ' Colorado Oil & Gas Corp.—Norman Elected President C. W. has Norman retired has of elected been the of as President, same Transmission Gas Tennessee sidiary, Northeastern date as effective Jan, general a 1954. 1, partner the of Co. and Transmission Gas President of the 179, Co.—V. p latt'er's sub¬ 103. Commercial Solvents Corp.—Signs New Contract— This corporation on Jan. 13 announced the signing of a long-term National Petro-Chemicals Corp., jointly owned by Pan¬ Pipelines and National Distillers, for a substantial the total synthetic ethyl alcohol production of the new $50,000,000 plant recently completed at Tuscola, 111. As a result of this arrangement, Commercial Solvents, a pioneer hi alcohol research and production, confirms its basic position as a» industrial alcohol manufacturer and supplier, offering maximum flexi¬ bility and protection to its customers under all market conditions through its supplies of both synthetic and fermentation ethyl alcohol. with Eastern First deliveries under the new contract commenced Jan, 1.—V. 179, p. 3. Commonwealth Edison Co.—Transfer of Properties— This all of company has filed a proposal with Its gas and heating properties to a Commission from Net ry. —V. has given interested Gross shares $2,956,951 $2,753,829 675,087 602,857 886,385 common 331,153 329,380 533,232 persons the SEC for the transfer corporation; and the 18, 1954, to request new until Jan. 32,113,487 30,807,156 27,106,517 7,847,283 7,067,421 7,217,110 As 3,961,989 3,866,712 3,051,731 3,688,173 writers from Net ry. part The Net from ry. —V. 1953 1951 1950 1— railway : railway income... oper. 178, p. 1952 $21,014,248 $21, ,735,082 $22,721,264 $22,898,350 3,250,653 4, 6,001,522 ,190,621 5,364,873 1,179,426 1, ,612,040 2,073,513 2,644,330 income oper. from 239,501,394 246, ,250,403 243,079,125 229,993,130 39,015,370 41, ,873,984 40,986,239 47,915,634 12,771,912 14,: ,257,153 18,345,722 12,814,349 2474. Chicago, Rock Island & Pacific RR.—-Buys Equipment Purchase of from Jan. the 100 steel 50-foot Pullman-Standard 12. was box cars announced and by 100 covered hopper cars the Rock Island Lines on Delivery of the "box cars is scheduled for February and hoppers are expected- to be delivered in April or May.* covered the latter's a new corporation, Northern Illinois Gas Co., utility company. The gas and heating prop¬ to Northern Illinois in exchange for 5,500,000 $5 par common stock (plus additional such shares convertible preferred 2. From Jan. Gross gas e.s may be required under a prescribed formula). In and in order to provide Northern Illinois with working capi¬ Commonwealth proposes to purchase 100,000 shares of its 5?$ tal, railway railway a transferred addition, 8,047,650 income become be of $3,133,005 33,520,278 railway from Net will erties will 330,953 railway p. heating properties to which 1950 644,708 income oper. 179, 1951 1— from Net 1952 7 of the stock, $100 par, for a consideration proposal, Commonwealth will of divisional lien bonds. issue and of $10,000,000-. sell to under¬ $60,000,000 Commonwealth filed a Edison Co. and Northern Illinois Gas Co. on registration statement with the SEC covering $60,000,000 Edison Co. "gas divisional lien bonds, due Jan. 1» bonds will become Northern Illinois Gas Co. first mort¬ Commonwealth 1979," gage which bonds, due writing terms are 1, 1979. The public offering be supplied by amendment. Jan. to price and under¬ The First Boston Corp., Halsey, Stuart & Co., Inc. and Glore, Forgan & Co. are named as the principal underwriters. The entire purchase price of the Edi^pn bonds, to be deposited by the underwriters directly with the corporate trustee under Common¬ wealth's existing mortgage, will constitute a part of the basis for the release of the gas and heating properties from the lien of sueh. mortgage, in connection with the transfer of such properties by Com¬ monwealth to Northern Illinois, as set forth above. Northern Illinois' outstanding securities will initially consist of of bonds, 810,000,000 of 5% convertible preferred stock, and $27,500,000 of $5 par common stock (plus the par valua additional shares issued under the formula mentioned).If the present tentative schedule Is adhered to, a public offering o* the bonds will be made by the underwriters on Jan. 27, 1954.—V. 179, $60,000,000 that Group I. of are 20,000 $2,867,804 railway oper. From Jan. Gross 1953 , Sales Insurance President hearing thereon. . Commonwealth proposes to separate its gas and heating properties from its. electric facilities by the transfer of the gas. excess "should be the best year in the com¬ expected to reach a record high, he said, and. will be augmented further by increased sales of syrups and ex¬ tracts to the company's growing number of licensed bottlers. Increased sales of alcoholic beverages are also expected, he said.—V. 178, p. 2474. pany's history." Dietz, O. James F. Crafts. underwriting. The proceeds equipment and for operating capital. and company, 40 cents per 13 by a Net tax, which exacted unusual hardship upon' us as a growth should Increase the compaiiy's earnings by approximately Jan. National company per railway Chicago, Milwaukee, St. Paul & Pacific RR.—Earnings $11.82% on 1953 Colorado railway. November— share, representing the closing market price on Feb. 9, 1953, the date of the plan's adoption by the board of directors. Canada Dry stock wholly-owned subsidiary by. Fireman's- Fund Corp. railway oper. 178, The of plan permitting officers and managerial employees of this corporation to purchase a total of 80,000 shares of the com¬ pany's common stock ovdr a 5-year period was approved by the the railway.... from Net Jan. option T, field, From Jan. Gross 1— " Canada Dry Ginger Ale, Inc.—Option Plan— A -7,399.021 Arthur Surety railway oper. income handle J " 14,159,044 5,271,370 portion .of 1953 oper. with from 51,426,544 $23 ,112,512 $23,999,191 $23,078,188 $22,024,797 5 ,990,306 7,709,267 7,288,293 8,344,432 income— 2 ,232,083 2,785,881 2,894,987 3,699,132 178, p. 37,097,691 13,076,135 Corp., and other of from Net contract railway oper. 40,139,546 13,886,809 6,163,517 Clinchfield RR.- -Earnings— 93,941,452 railway from Net Net (Harry income— From Jan. C & C Super Corp.—Proposed Consolidation— . 11,983,972 • capital investment firm of Lambert & Co., New York City, He joined the latter firm in 1952, prior to which time he was Vice-President Chicago, Burlington & Quincy RR.—!Earnings— Net 2298. 41,130,253 7,686,486 November— 1,600 $ 5,898,233 November- $ 776.582 Surety. These operations, In the automobile conducted by Service Fire Insurance Co. of New and Service Casualty Co. of New York, and In the life insurance by Patriot Life Insurance Co, which we organized about a ago."—V, 179, p. 3. $1 2474. p. 447,116 announced Fund, T.'s sale insurance 31,732,088 319,868,669 326,380,302 19,748,116 225,270,731 232,438,850 opers. ry. oper. 178, Net —V. fr. rev. ry. —V. 146. 178, p. 26,113,217 Ry. * Total net assets operating revenues. 927,889 ' < was I. C. I. the covering 1953—11 Mos.—1952 $ Ry. . $3,459^1$ 1,38$,79» the 1,000 Dean Witter & Co $ Fund, Inc.—Total Assets Slightly Higher— to "C. by He Period End. Nov. 30— Bullock 1950 1,013.717 ' profit sev¬ Chesapeake & Ohio Ry.—Earnings— t M 1951 $3,446,787 1936, C, I. T. has received-large profits on its investment in National Surety and this sale, which was for cash, will now result in -a further substantial they have been acquired by Dominion Tar & Chemical Co., Ltd., underoffer dated Oct. -7, 1953, at $8.50 per share. The offer to minority stockholders had been extended to Jan. 7, 1954.—V. 162, p. 2636. 1952 43,288,834 Financial National 1,600 1,000 1,600 Hornblower & Weeks 102. - Corp. 1,000 Fulton, Reid & Co 1,600 Allyn & Co., Inc of had Baird & Co., Inc. 1,600 !_ Co. . * - Files With Securities and Exchange Commission— 3,200 & fill for ; 16;783,857 2303. connection Since No. Shs. Robert W. . to material $4:139,061.; 1,775,346 ^ ment: —V. follows: as continue 566,934s Income p. T. nancial < as an I. Gross f plans of wilt body-making 1,170,048 , railway.. Fireman's of and additions t company steel for ... $3,544,001 : railway ©per. 178, area. Bacon, Whipple & Co delisted Exchange were company Toronto for used bonds about the Corp. and A of for No. Shs. Brentford Roofing Co., Ltd.—Acquired— The be opinion, The purchase of National Security. Corp., . of 1,000,000 to distribution divisions. PLANNED—The 1953—12 Mos.—1952 Allen the stock preferred new 2298. p. all ry. Net FINANCING BOND 000 $12,069,253 $13,059,891 $86,137,790 $82,714,746 Sales.-,. will his *. C. I. T. Financial Corp;—Sells National Surety Corp.— | On series of preferred*- work major ; - income San Francisco the year 1355, the company will require approximately $1,000,000 for completion of the new 30,000 kilowatt unit at Sabrooke Station; and approximately $80,000 for the 69,000 volt system improve¬ UNDERWRITERS—The Period End. Dec. 31— be without may preferred'stock, series D" con¬ additional for come.* * During underwritten Stores, Inc.—December Sales Off— Bond to from from Net —V. the Rockford area; approximately $170,000 will be transmission and distribution facilities in the Lincoln of remainder betterments " : approximately $750,000 will be needed for the completion service headquarters building consisting of a garage, store¬ office building for engineering and operating departments. new The 15,000shs. increased a new PROGRAM—Construction : From Jan. 1— Net facilities in and room be for major area; cumulative Convertible— industry." that, in main requirements railway railway Net Ty.- oper; 30,000 kilowatt turbine generator unit at Sabrooke Station; new mission the was auto doubt to years, from, Net $7,500,000. Of this amount, approximately needed for the work to be done on the construction be $1,100,000 will Lucky Stores, and offices the - 25,000shs.- Increased was stock the no industry's j ! November^-1953 approximately $4,300,000 will Holdings Corp. owns First California Co. and Blair, Rollins both securities and underwriting houses. It has been responsible for the past growth of Pepsi Cola Bottling Co. of Los tain "4.80% shares. as CONSTRUCTION will preferred 178, p. 2474.- Gross- from ' 30, 1953, was 725,000 shares. 4, 1954, the directors created stock Inc., Angeles, authorized On Jan. 5,524,571 1,620,374 I ;revealed.that,.in addition to Dodge, the Granada is the result of a joint, styling; and' construction venture carried out by the Ionia Manufacturing; Co.,' of Ion$, *Mich., and Creative-Industries; of Detroit.—V. 179, p. 102. 774,400'shs. the authorized common stock the and shares. stock at Sept. ♦1,036,676 ♦649,120 | Cincinnati,. New- Orleans & Texas Pacific Ry»—Earns; * . 10,000 shs. any of said-series or of other series restrictions contained in the indenture, principal amount. common 2,764,061 ♦91,758 3,898,964' income i Newberg , 30,000 shs. of the aggregate 12, 1953, shares Blair many Gross 30,000 shs. lO.OQOshs.^ 25,000 shs. 15,000 shs. value>i._^___ par bonds tAuthorized Nov. ($15 subject to of Co., stock in He-left the auto 1 - pfd. stock, series B_pfd. stock, series C pfd. stock, series D___ limit Transamerica, Capital Co., Associated Inc. and The Clear Lake Water Co. of value): ' par pfd... stock, series-A*.. J Issued, Maginn. Mr. Maginn,. Chairman, of Cement ($100 cum. 4.80% in Personnel— the board of Blair corporation, Mr. director of Lucky Stores; a position from ments v 4,000,000 2,505,000 " 3•%■%' 4.10% same time, H. C. Maginn, Executive President of Calaveras Co.; has been named to succeed Mi'. Dardi as President of the corporation, which position'he has held since 1948; 'Mr. Keesling Was elected Chairman of the Board of Directors in 1950. addition 960,000 3%% series due 1982;. sinking. fund debentures due* 1969? $3,000,000 „ 30,463,083 4,281,801 railway oper. Newberg described, the fiberglass-body convertible as "an ex¬ periment, in plastic sport car styling: participated in by Dodge as pari of a continuing program to keep abreast and ahead of new develop¬ 2,475,000«> v • 549,549 California Auto Show in Los Angeles, Calif., Jan. 15-24, Newberg, Dodge President, announced on Jan. H. Emphasizing that Dodge has no production plans for the Granada, , , $13,440-,000r 1975__—._. due 2%% } - due 351,932 30,846,762 Outstanding . series 321,261 31,531,447 William C. FINANCING PRESENT bonds:.. series ' from 314,514 31,398,399 railway Mr. Authorized* . 913,208 Southern \ " Cement In . 2:%% .. the At • $3,238,367 487,953 1— from ry. 1950 $3,018,833 714,030 Chrysler Corp.—Dodge Unveils Plastic <*as. Co.—Preferred Stock & Jan. 1951 $3,164,722 816,382 income oper. 1952 $3,179,314 railway The Granada,., the first one-piece, all-plastic-body car ever de¬ veloped, by the auto Industry on a conventional chassis, will be. unveiled-to the public for the first time in the Dodge display at the r' , 4.10% it has been 17,315,581 railway ♦Deficit.—V. ' ^Preferred-stock V. D. Dardi, Chairman^ succeed'Francis V. Keesllhg Sr. who health; poor ry. Net Omaha 176, p. 1766. . RobBins & Co., E. Livingston Sulli¬ elected' former President; have from Net & Co., 33 South Clark St., Chicago, 111., will pur¬ share- any of the preferred shares presented to National Bank on or before Jan. 29, 1954. per of care CAPITALIZATION * <fc $102 at ♦First mortgage van and .Godfrey-K. Walters.-^-V. 163, p. 66. Blair Holdings- Corp.—Changes 43,561,513 14,534,830 1953 from Net for Central Illinois Electric Vanderllpp. has been elected- President.' He was formerly asso¬ ciated/-aith Bellanca, Curtiss-Wrlgbt Corp. and Glenn L. - Martin Co. Other new directors include Paul-E. Pihi, Lftwrende^Sheehanv JamesrJ.. The directors capital. Offering—Mention was made in our issue of Jan. It o£ * the public offering and sale of 15,000 shares of 4.80% • cumulative preferred stock, series D, at par ($l(Mt pere" share) and accrued dividends.- Further details follow: * : F. SuUiyan, .Vice-President of Blair, working shares. in them called has a N. for and Net Kidder, Peabody chase "" , equipment 138. company common "considerable/portion'.' of his stock at (6 per stiare to several executives long -associated with» aircraft manufacturing. The group ■Includes. James D. Mooney; :formerl$ of General Motors Corp., and Edward O.. McDonnell, Partner oi-Hornblower fc-Weeks. >,, * ' a /. * of buy redemption on Feb. 8 at $101 per share and accrued dividends all of Its outstanding shares of 4% cumulative- convertible preferred stock. Payment will be made' at the Omaha National Bank, Omaha, Neb. Each share of preferred stock is convertible into common stock to and including Jan. 29, 1954, at $22.89 per share, or into about 4.3687 . . . 162,956,881 41,897,898 34,091,479 22,806,506 25,639,157 Income November Gross > Carpenter Paper Co.—To Retire Preferred Stock— , Chairman, ha&- notified Bellanca, G: -M. to . BellaneaAircraft Con*.—Chairman Sells Part sold used be Sales Off— f 181,098,309 56,284,345 railway 178, p. 2298. From 1953—52 Wks.—1952 $5,027,479 $45,451,453 $45,332,481- - 2473. p. {950 ' 1— railway oper. Gross 1953—4 Wks.—1952 Period End. Dec. 26— to are 177, p. —V. —V. ry. MONTHS 1951 Chicago, St. Paul, Minneapolis & Omaha Ry.—Earns. corporation on Jan. 11 filed a letter of notification with the $30,000 of general 4% non-convertible debenture bonds to the employees at par (in units of $50 each). »The offered —V. through M; H. Bishop & Co., Minneapolis, Minn. The -, net proceeds aire to be used to purchasethe corporation's allotment of the capital stock of The Marquette National Bank and the ChicagoLake. State Bank.—V.> 177, p. 410. •* ■: Sales— from covering be proceeds i$20 per share 1 ' Jan. 11 ' 192,156,566 195,181,219 income oper. FIRST ' $16,586,929 5,193,538 2,406.803 railway. railway.. from Net ' 1953 $15,342,201 $17,707,410 $17,636,422 3,703,625 5,243,390 5,661,627 2,142,622 2,317,215 2,236,851 Capital Bakers, Inc., Harrisburg, Pa.—Files With SEC >.. ■ corporation on Jan. 4 filed a letter of notification with 15,000 shares of class A* stock to be offered at ry. From Gross —V. The covering (A. S.) Net ' Net 455,565 $l,oo Minneapolis, Minn.—Files— Shares, Inc., Bank The SEC NOVEMBER AND FOR from; Net -from certificates, series M, 1954, maturing serially from l-to-15 years.—V. 179, p. 2. in 178, p. 850. requirements.—V. dividend preferred on EARNINGS , NovemberGross ^2,220 461,i&J5 $l.bO shares ♦Earnings Pri¬ the direct private placement of $25,Q20,000 3%% equip-; 33,750 _______ paid paid— outstanding common share dividends Common Sold ment trust $78^,267 $771,248 - dividends Preferred Common Trusts Jan. 15 announced that they have completed to M-t Equipment Co. Inc. and Salomon Bros. & Hutzler * ^726,26? 940,000 1,601,248 830,000 taxes. income — E. Oct. 3, '53 Sept. 27, 52 $46,696,122 $38,705,211 ' income before Profit Ry. Ames & vately—A. America (& Subs.)—Earns. Automatic Canteen Co. of Years Pacific Canadian * Electric Co. City Atlantic secondary offering of 17,600 Chronicle...Monday, January 18, 195 $100 par, of any p. 103. Chronicle Number 5291... The Commercial and Financial Volume 179 CAPITALIZATION Commonwealth Telephone Co. -of ^Ohio—Bonds Sold— • —V. 1953—Month—1952 178, —Files With r, Authorized -$300,000 - $300,000 1,000,000 shs. 1953—12Mos.—1952 to ' • Process, Inc., Reno, Nev. for 178, stock- to-be capital of ' 52% # ; ' 14# ' Corn^^Irifrnduc^dLowi Phnnnrranh Jtr ;■ ; iniroaucca LOW est-Priced^Portable~Radio—-Also\ Presents rights ?.-Multi-Pui4pOseT,able' Model—^" *• J '■ ' •• the and pu.caased —— »mcreon KadlO & rJWnograpilLOrp. ; • ———1 33V3#' —— - , VRiiM*Aii',«aila f ;680,497 shs. — : 2572. p. Outstandittg underwriters Co.- Ac Barth & Co. —v. • several Exclusive - apd. who-may require such lands and operations. »The company will not engage in any mining,- their ' 1953 1, .Authorized ' Co.___„.. Ac 9 V2,SOO,flOO shs. *:» follows: as Schwabacher J. shares of "the 114,000 are Walston ,k lands,the company plans.to lease or -sell or otherwise operating • firms having -smelting and^refining ^ants; interests, and. facilities SecuHties'hnCExCl^igd'Cbihimsaoii- percentage or to of Y of the names DEC. OF 4',. ■ UNDERWRITERS—The -by each - acquire by purchase or lease, the mineral .rights -to such properties, which rights dispose {-i Capital stock ;(par value :$T per\share) i 1,006,900 shs. - * • AS CAPITALIZATION . k Outstanding • • • . ^ Constant Minerals Separation ' - , company -was incorporated *• iri April, 1953; in' Vir¬ ginia, "with its principal office and place of business' at 439 Wyatt Building, Washington, -D. C. The sole ^purpose" of the company Will be "to search dor proven ore properties in' the" Republic * of " Cuba; examine engineering and geological reports, analyze and assay ore samples,, tinvestigate- transportation facilities, and endeavor to locate ' mineral lands with « high potential-for development; ^Thereafter it is proposed $3,865,264 $28,128,342 $30i023;i44 2303. p. P ' BUSINESS-^-The ' Stores,, Inc.-—December Sales Off $3,572,781 __ .. # Z Nov. 15, 1973:aiid $646,000 series AA', dated Dec. 15, 1953 and due Dec. 15, 1975). They were all sold.—V. 178, p. 2571. Period End. Dec. 31— EFFECT TO PRESENT FINANCING V . series A, dated Nov. 15, 1953 and due Sales:. GIVING ' . The Ohio Company recently-offeredto residentsofOhio an issue of $992,000 first ^mortgage-bonds <$436,000 Consolidated Retail (203) ' "" " ; - " -lowest-priced -personal poTtable radio on "the~market"-(Model .801); ^listed at n$49:95, and ,an exclusive- multi-purpose -table ".model ^radiot (Model -805);featuring A' personal"listening, attachment. and; an under-pillow listening attachment "have been .introduced thy'this- cor¬ -As of the commencement of -business, the1 company-has acquired -by ' poration, It was announced ;on Jan. 13 by 'Sr"W;- Gross; -Vice-President purchase from Charles-Ely, "President, "title td mineral rights in-250 " in Charge of -Bales,Mr., Gross ,alsa-.airnounced- the -introduction--of. hectares (607.75-acres) undivided-wsa-part-of • 546hectaresofmineraL4 Model 754, .» 3«-way - portable ^radiorlist^pr iced- at-: $49.95: - -The -new rights ia the Province of Las Villas, Cuba.—V. 178,1 p.*1473. < " ' mUlti-purpose lable modei is priced at.i$I9.95.—V.' 179, p."4. Ti SEC ♦-Tiie . i» The proceeds'are to take V. 175, 1647. p. ? . . . Of expenses Infeldental to sold mining. care , ' Consumers Fower Co.—Stock Offering—Mention; was 1 madc in our issue of J an. -11 of the-offering to eoimrnm stockholders of record Jan. 7, "1954 of 679,436 additional shares of comflion stock Xwithopt pSr value) $£$36.75 per share, at the rate ~uf one new share forfeach dO shares held. Eights will expire Jan. <22, Unsubscribed he offered first to employees^! thersame price, man Ripley dc Co.; Trie; and. The First Boston* associates are Und.erwriting.dhe offering.. Further'jfletails follow: '• /• V -\7 .' ' . CAPITALIZATION GIVING EFFECT TO "PRESENT FINANCING •First mortgage {2%»%; series' 2%%. series, 3%.% series 3%:%' series 3 V4% V bonds: —Authorized- . 1975- due due • / ' series due 1987— k " ments of $675,000 to 2V due June stock, $4.50 1, Sept. •The indenture or , a - - • (Without par value)-.. Net 199,550 shs. 7,473,798 Shs. may of be 10,000,000 shs. future >advances secured thereby, and the (utiire advances and other indebtedness .and 9,284,132 ' not to may ! - income— oper. in of the from railway from Net ry.-oper. —V. Co., the Inc. 14.00 Moore, Leonard & Lynch— 14.00 New Wood, Struthers <fc Co.-—__ '490 A. M. Bache & 4.00 Co 6 <& Co.__ A Swiss American Blunt Ellis 0.75 Jahney & Co. KAy, Richards' Ac Co 0.75 - C, F. income Chaplin & Co iRichard W." Clarke COTp.— Weedon Is Co •Dehaven 1.50 Ac Crouter 1.00 - "... - . Glass A Class B : . RR.—Earnings— Hanrahan & Co JHEenry 0.50 Kaiser Ac Co 0.50" Herrman Ac Co 1.00 Co 0.50 — Kirkpatrick-Pettis Co.— 1.00 Carl — McGlone Ac 0.50 0.50 Inc.- Co., 1.00 MtoJunkin, Patton Ac Cooiey & Co 190 1.00 Penington, Colket & Co ' Stern, Frank; Meyer Ac Fox- Goodbody & Co 190 Stetson Hayden, Miller & Co 190 Stokes- k 0.50 0.50 H. Hentz & & Co — Co._ 0.59 Co 0.5O Securities Corp Co : Strauss 1.00 J. Co.—— l.OO & Co 190 Suplfce, Yeatman Ac Co., Inc. Thayer, Baker Ac Co. Si John C. Legg «fc Co 1.00 Westheimer $613,388 $626,478 245,471 $730,012 : 229,769 368963 , • ■ ' $592,816 223,760 53;869 71,847 7,036.859 6,928,781 3,138,030 2,906.558 3,091955 income— 1,052,886 976,374 15. of ' ' McCormick The & See also V. and Wllliston 1.00 J. 1.00 Co Milwaukee Ac tics establisment of Plastics a divisions new will 1,013,156 all absorbs functions been Chlorinated a Division, ■ ' and a • -See connection with the 171, Woodard-Elwood : Co 179, p. R. Ac Woodcoek, Hess Ac Co., 103. 99% Creole Petroleum Standard Oil Co. they 0.50 Toronto Inc. shaie Corp.—Offer Made for Stock— I New below.—V. Jersey) 176, p. National Phoenix Stock offer of Jan. on Inc. -below.—V. Minerals 176, (Va.) Corp. 327. p. Gross from from Net ry. Offered—James T. DeWitt & Co., Inc., Washington, D. C., offering publicly 6,000 certificates of participation speculation" at $50 per certificate. are "as a surrender his the to certificates, company if any, will which be prorated and paid the at next company shall retain from the funds on hand, a the income for the preceding quarter to be used of equal sum for a to sinking ■fund. The company shall retain from the funds on hand a sum equal of the income for the preceding quarter for the sole compen¬ of the officers and directors of the company. The company shall also retain such further sum as may be deemed necessary for the operational expenses of the company and the payment of taxes 5Vo and any distribute thereof to band 30 on been the ; plus share < . one to expire extended * Jan. $776,880 $682,539 *4.809 *11,283 ry. 218,230 "196,920 203,136 120,483 136,632 147,810 7,595,332 7,470,139 7,476,726 1,088,541 444,475 1,279,904 1,405,853 1,501,526 533,586 684,536 906,044 1950 - other the ratably the will necessary expenditures. then balance on hand and holders be an the amount company shall equal 75% to proportionately to each outstanding certificate, thereof, and the remaining 25% of the funds on retained PROCEEDS—Of Thereafter in the by the net company. proceeds, $37,500 178, $649,874 to go Charles Ely, hectares President, mineral in payment of balance due for purchase of 250 rights, and the remainder will be used for general corporate purposes. 178, 1 Published twice week Drapers' On account of the Financial in the rate of a registration Registers With statement L77, p. 43. with Corp. Co.—Acquisition— above.—V. 178, p. 1667. Co. of Newark, N. J. — Partial t its of 3,500 dividends accrued share of stockholders Sterling, Inc.—Borrows from Banks—This cor¬ Firth poration has borrowed $1,000,000 on 4% notes due Dec. $9,469,679 $81,643,399 $80,696,187 ' Calif.—Stock Of¬ 31, 1954, under a credit agreement with Bank of Man¬ National Bank & Trust Co., Pitts¬ Mellon and burgh, Pa. The was raised will proceeds be used by from its recent $1,600,000 debt.—V. 178, 2972. p. the corporation, together with funds to retire a V-loan sale of debentures, - - Co. The net proceeds BUSINESS—The 12, 1934. radio, From in Calif. Bruno, and radar time sold to two selling stockholders. go was Its principal executive Avenue, San manufacture of will company to sale The since offices 1950 are company vacuum television and time of incorporated power signals the in ried sells, on located at 798 on San 1 'Fischer & Porter Henry Sept. Mateo Fischer the the ray has frequency also bands. present time. In addition the company manufactures and smaller quantities, miscellaneous other electronic products. company's products are sold under the trade name "Eimac." Dana Company, Director- Co., years.—V. 178, p. 2091. two (M. H.) Fishman Co., Period End. Dec. 30— at the B. past a banker, and membef of the firm & Co., has been elected a director. » At Co. has acted as financial Advisor to manufacturers of industrial instruments, for manufactured tubes (television picture of these tubes is being car¬ in William Sulzberger Porter At Co.—Hallowell investment Sulzberger Hallowell, engaged primarily in the tubes for the' transmitting high Hallowell, R. Hallowell, of is company substantial quantities cathode tubes), although no commercial production - in; California —V. Inc.—December Sales Up— 1953—Month—1952 . 1953—12 Mos.-;rl952 $2,127,767 $13,351,867 $12,579,341 $2,248,275 Sales 178, p. 2304. Publishers, 25 Park Place, New York 7, N. Y.. RECtor 2-9570. Herbert D. Seibert. Editor and Pubhsher: (every Thursday (general- news and -advertising issue) with - a statistical isisue on Monday.] Other offices: 135 S. La Salle St.,. cnicago J, in. England, c/o Edwards At.Smith, Copyright 1054 by William B.Gana Company; Reentered as second class matter February 25, at.me in Dominion 1879. Subscriptions in United States, U. S. Possessions,'Territories and Members of Pan-American Union, $48.00 per year; exchange, the - has -called for redemption on Feb. 16, 1954, issued $4 cumulative preferred stock at $100 per Gardens, London, E.' C.. under the Act of March 3, fluctuations — Commission— filed on post office at New York, N. Y., of Canada, $51.00 per year. Other Countries, $55.00 per year. WOTS; Seattle, Wash. 8 179, p. 104. T. Preferred 114,000 shares of capital stock (par publicly offered on Jan. 12 at $7.37Vz per share by. Schwabacher & Co., Walston & Co. and J. Barth & $1) a President. shutters.—V. 178, company hattan William 2-0613); jalousie 50 cents per share. have been notified to surrender certificates representing one share for each nine shares held of the $4 cumulative preferred stock for redemption - to The Chase National Bank of the City of New York,- agent, 11 Broad Street, New York 15,-N- Y., on Feb. 16, 1954.—V. 178, p. 1370. plus p. 2304. Eitel-McCullough, Inc., San Bruno, (Reg. U. S. Patent Office) Seibert, The • 1953—12 Mos.—1952 1953—Month—1952 $9,241,842 —V. THE COMMERCIAL AND FINANCIAL CHRONICLE Dana and Edison Brothers Stores, Inc.—December Sales Off- The (Telephone STate awnings Redemption— 2304. p. Period End, Dec. 31— and will Jan. on Firemen's Insurance 6,544,420 • I. C. shares income— oper. Deficit.—V. (but value. par program.—V. 1— railway— railway.— product -development to 800,000 shares, stock same See 1951 income— and 665. 1952 —_ -Sales sation and recently reinforced Jan. 14 approved an increase in the authorized $-10 par value, from 360,000 shares of The stock increase was approved by 83.9% of the -shares outstanding. "At present, the company has 340,000 shares of i $10 par value capital stock outstanding. Approval by stockholders of the increase in - capitalization permits the company to offer stockholders of record at 3:30 p.m. (EST) on ;Jan. 18, 1954,: the right to subscribe for 340,000 additional shares of y$l<r par value ,capital stock on the basis of one additional share. for -.each share hCM-afya price of $22.50 per share. The board of directors met on Jan. 15, 1954, to formalize this fered—An issue of The to - distribution date. S% Dec. on per $536,107 railway from from Net certificate or certificates, he shall make tender shall then redeem such certificate or certificates at a price of $50 each providing that funds sufficient for such redemption are then on deposit and at hand under the terms of the sinking fund agreement. Quarterly accruals upon such surrendered thereof p. had $35 1053 railway. oper. From Gross Net The certificates are issued for an, indefinite period of time and are subject to call or redemption only as set forth herein. However, if at wny time prior to such time as the entire number of certificates then outstanding shall be called, or redeemed, a certificate holder shall desire to 178, at glass Fire Association^ ©f Philadelphia—Stock Increased— Duluth, South Shore & Atlantic RR.- -Earnings- Certificates — of stock panes, storm Fireman's Fund Insurance Net Cuban-American 1954.—V. stock November— Industries, business . Dryden Anglo-Canadian 29, close the at for research 26,000 shares of common stock.—V. The stockholders capital outstanding shares nf capital stock of this com¬ by Anglo-Canadian Pulp As Paper Mills, purchase corporation SEC covering the Exchange. to fiber 2572. The acquired delisted were from ^ p. 1376. Croft Co. of Boston—Proposed Consolidation— See the having been Ltd., The See of 0.50 0.50 Co.— & Co operated -primarily Financial Fund, Inc., DrydOtt Paper Co., Ltd.—Over 99% Stock Acquired— Over pany items, manufactured including Securities .and Exchange 1048. p. number The / parts,-and window plant facilities encompassed by the Chlorinated Prodagricultural chemicals, Houston and Newark, N. J.; above.—V. the corporation's principal fiber glass-plastic item's will -be The are: Roofing Co., Ltd., to corporation intends-bo-engage in vacuum molding of thermo¬ as well as press die molding of fiber glass pia^tic products. tote boxes (carrying boxes used for deliveries), made in various models and shapes and forms of construction, which have1 beeh in use by three major, baking, companies for the past several years, soft drink carry¬ ing cases, food boxes, candy and- restaurant trays, auto and aircraft - carbon Brantford proportion plastics • Dominion Tar & Chemical Co., Ltd.—Acquisition— - in The • under tetra-chlorjde and hydrochloric acid, Painesville, Ohio; perchlorethylene, hydrochloric acid and viny monomer, Houstop; And methy chloride, methylene chloride, chloroform and hydrochloric acid, Belie, W. -V.—V. 178, p. 1666. i exercisable is The right to of- shares "of thereafter. years have been made of -some of the products). It is the purpose nf corporation to expand such facilities and to manufacture and sell number of-items heretofore developed by Mr. Vidal. field. Chiorowax, period of two a the ' 'polyvinyl Products . and for sales effective ''Y | responsibilities in - will underwriter the A . Diamond's Division ' share)—— per FINANCING BUSINESS—Corporation is a Delaware corporation, "organized to engage in the business of manufacturing and distributing .plastic operate autonomously,.assuming plant ..manufacturing and 5c PRESENT Authorized"^ --Outstanding 300,600shs. ?220,000shs. 300;000shs. ' **230,000 shs. corporation has Acquired for cash and obligations the plant facilities,; drawings, dies, molds and production - models of Eugene L. Vidal in Stamford, Conn. The facilities have heretofore ' the-two %ucts Division 0.50 Co.-- stock, products, . (par • Class -A stock sold in the public offering. " 774,416 TO corporation at a,price of purchase •' 2572. p. the class A 6,772,317 3,615,709 EFFECT .. ' . 0.5O S. certain working stock and 25,000 shares* of have the right to purchase 10c per share for the class A stock and 5c per share for the class B. stock, upon the expiration of one year following 1 the termination of the - above public offering of the chloride, manufacturing facilities recently, constructed and put into production iate in^l953; This modern, advanced. tplani Mimrks the large-scale entry of Diamond into-the organic plas¬ 0.50 Laird • equipment-and- for «Y» (par 10c per-share)—— stock >■which from 1950 0.5O J. L B. Hilliard & Son annum. additional GIVING /.» •/ ■ stock B 0.50 Elkins, Morris & Co buy to including* 25;000 shares of class class - 1951 1952 . - stock *Not r 7,898,579 The fPlasties • 0.50 1.00 etc., CAPITALIZATION . 538,877 122,278 $2900,000 0.50 Holyoke & Co 190 Collins .. general headquarters at Cleveland, Ohio. The former Plastics and Agricultural Chemicals Division is abolished. ", Townsend, Fauset, Steele Ac Co Marshall-— Burgess & Lelth_ Lee W. Carroll <fc facilities, capital, etc. 2;064,584 1,011,338 - 29,957 to function from 0.50 Bodine 5-c^nts per share per PRCiCEEDS—It is intended to use the net'proceeds to pay for tjhe direction of division general .managers Who 'have ' been appointed 0.50 Ellis, Co., Co & 283,778 " " ' income_ oper. Each 0.50 1.00 <fc Lisle 1,028,256 317,321 '-This company on Jan. 12 announced Products Division and establishment of 0.50 Crowell, ". Inc. __J Brown, " 2,416;632 579,243 - 316,043 ;.all»'sales,-"research 0.50 — 1.50 ' Brooke 1,863,252 * 1953 . 0.75 Cassell & Co._ , plant 65,456 . railway—_ railway 11 178, -Jan. 0.75 — 1.50 Corp ; 0.75 Irving Luridborg fc Co. Rodman Ac Linn„_ 1.50 k 1.00 1.50 r_ Simmons— Sullivan 12,211 dividends of $246,003 <136,674 preferred'tiifldend^ nojn--cumulative to of 12 .cents per share per annum and to ^participate share for.; share, jwith, the. olass^B^ stock :in "all-dividends'*deafter the class B ^stpek shall have Teceived* non-cumulative -clared 1950 - ' Diamond Alkali Co.—Two New Divisions— - 0.75 1.50 & Co & Van Alstyne, Noel-'As Co Arthurs, Lestrange & Co.— 2.00 Co Stern Brothers 1951. $250,550 95,619 v class .A<stock is,eptitled the vamount plastics. 1.00 1.50 Emanuel, Deetjen & Co Lester, Ryons.t Co Merrill, Turben & Co Jullen Co The Illinois Co 2.00 Hammill The equally, •1- 1.00 290 Schwabacher Bosworth, —V. 2.50 Baker, Weeks. & Co Boenning Net Sutro & Co.— T}jr. 190- Deane Ac Scribner— Singer, Co Shearson, - , "668564 from from 1.00 Hanseatic 2.50 <fc <-V( From Jan. 1— Corp.- York 4.00 Co & Kfdder -5,588,087 ) (..Y 1952 $159,969 i 47,086 26,594 . 1,975,745; " railway—a— oper. Net First Boston Corp Blair, Rollins & Co., Inc Lee HIgginson Corp Estabrook 5,240,691 • Net ry. % The ^ •»' : ? iicly-'offeMd. 206,600'shares ©f«<dass:A iStockv(par^lij^i^t$1.50 per share on a "best-efforts" basis. . 178, p. 2571. Gross & ? : ox iered^Aetna Secuilties.CQrpi;, New .York, un Jaix. 12.pub- Detroit & Toledo Shore. Line the below: Ripley ; , Jri ' respective percentages of the unsubscribed stock severally to be purchased by them are set forth Harriman, : *11',543,602 11,814,123 ' " ' stock-and • Ajm- « '49,987^)40 , November- unsubscribed *- «« 12,379,904 6,520,514 20,332 names of Gross from railway:. Harriman,-Ripley & Co.,-Inc. and The Corp., the managing underwriters, and of the other pur-" ' Net from railway Boston i-'.j *.< ii Fiber Glass Plasties Corp., Stamford, Corn*.—Stock Of- < secure exceed f°r security ptopMy W , 52,-e24;831^;212^i7 » 1953 - j-.' .■, ..... ; PURCHASERS—The chasers - ... V^a^l°^■' Ior tnc '.bon?s *s rftH0rrr;'t ; r: .. -railways50,852,403 .12,662,359 • Net indebtedness other indenture sums ry. Gross aggregate $500,000,000. Fh*st Y. ;. 1$71^509 4 y«s) bohas ($99,506) were priced- tb y^leid ^.15%; *!'• 1950. . , - From Jan. 1— . indenture to City-Bank Farmers Trust Co., as of Sept. 1, 1945, provides that, until a supplemental indentures shall -be»-exeeuted -and ■ recorded - increasing which sums '.i 1951.:. " "-$4,3877078 ^$4^29,326 r-$4,951,240 1,263,850^ ,1,099401 . >1,528,897 701,907: .. 504,220.. . 764,604 railway—j;__ ■ -November— 547,788 shs. — - decreasing the- amount :r793,889: Gross fromi railway <$161,589 Net. from .railway—J 34,493 -1,500,000 shs. as or from : -1.0Q7.554. income— Net wy, oper. income— —V. 17$, p. 2303. v company's trustee, dated and '' 2,700,000 value)— $4.52 preferred Common stock 1.1952 ^4,311,504 raUway__i_ ry. nper. 1953 • . - 125,000 preferred •, Detroit & Mackinac Ry.-^Earnings—.' 1955 14, - .^;'fro®4«B. 1—. : 1954- (without par cum. -p' November in • Pfd. * Gross from Gross from 25,000,000 (Votes payable tjd .banks: 144% due In equal1 semi-annual install iriclusiv^.- . 25,-000,000 - wix.. Oil %T% ;"3 % % * ;4% JhiIw , 12offCPgd ^SOO^OOflrtirst, ' • 3%s:and-4S) -wer# —Net •4a,boo,ooo 1983— Builds Offered JB.^C. Zit^gter iSc Co.,sWeSt 1966 Net 25',000,000 . J*'"1-- ' _ received SEC - authorize tiQn to is.sue Cud sell te ItN Gas System, Inc., $1,450,0.00 -of' Cumberland's- The' Columbia Net: from i railway---!-- $113,925 ,'900 due. 1977,—.--, -;—^-^.due |98Lu~ The company lias • parent, ' .Outstanding' - X^unberland A AHeehenyJias Co.—Notes to Parent-- v remittance for foreign subscriptions and-advertisements must be made In New York funds. i 4 (204) The Commercial and Financial Chronicle Florida East Coast Ry.—Earnings1953 November— Gross from Net ry. Cross Jan. from Net ry. income— The 178, stock & stock will The Florida The company is 5,210,174 1,963,808 investors RR. & expected be to consummated feb. about plans to the use communities expansion. for money along Fiorida's It of Fort Smith Gas $6,645,218 assets Dec. for on authority the natural facilities gas was Commis- also of Fort Smith, Ark. Oklahoma. Arkansas and the same holding the The to application states. and system, company said Smith companies formerly the share still of offices, same stockholders have stock from common Smith will book the cash. pay value book Fort control Arkansas-Oklahoma, of distribution and that said at the $1,938,009, to the as of last September, date of according to Total assets No. of assets —-V. market-. at beneficial 177, The $6,210,383 2,039,393 255,880 $7.92 outstndg. 478,873 347,664 Interest— $7.71 $8.01 corporation covering for the of Jan. on filed 4 letter a notification of Gas Corp., Baton stock (par common Commission 13, originally 1953.—V. 179, the The net La.—Stock Rouge, $5) at $16.50 Months 179, 178, company 19 for share.. AS Gross used from assets 2118 Jan, on ' liabilities from Net from Net ry. —V, Total , assets debt of assets stockholders' liabilities over and reserves 1 . 33/8% 118,206,988 convertible 112,906,117 in use 3,430,700 the Total pointed stockholders' Chairman that out 4,429,900 the elements «lderable above and President Charles interim in fluctuation the milling between the report the business, earnings they General (1) this Mills' Introduced variation fiscal four new periods, chart A between six-month began year home ' New «even. matic are all-purpose an grill-waffle purpose coffee baker, maker. food mixer to with March plant in packing plans 1. (3) Started Louisville, Ky. family flour for for construction an of its (2) plant line double the build a was entering the lor market, and to United turbine gas States was automobile announced The It use. is car The purely has been XP-21 styling, will ■of in 1954 It also to ever Jan. on dent. 13 be built an test experimental vehicle, at run a the sleek, GM white not shown at the GM seater Motoramas Miami, Los Angeles and San Francisco.—V. 179, p. *1952 1953 Net Net from from ry. From Gross oper. Jan. Net from Net ry. —V. railway in 4,296,096 to be for Bank 3,739,006 1953—Month—1952 held later 2,278,429 28,967,357 23,562,905 of the N. largest single project Jan. on undertaken ever construction announced was projects 13, in in the George' by Canada history of R. McMillin, refinery at Imperoyal, "hear S. with brand-new a refinery almost of double the , construction is complete, the Maritimes will capacity of the new plant will be 41,625 barrels—about l'/a gallons. This will make it one of Canada's major oil refineries, anything west of the Great Lakes and—in the Imperial nine of refineries—surpassed only by the plants at Sarnia and capacity at Imperoyal Is 22,000 barrels a day. Present McMillin said with that would and way 1955 take completion continue G. L. in engineering design time. some in the operation Ohrstrom of assets Inet, for the Construction of summer during acquisition securities 518,583 Other Inet the 1956. new plant is should start early existing plant period.—V. 174, The construction of New will York, have acquired the working in conjunction with Leach the Ohrstrom interest in 1949. The be operated acquired by made was is which was for investment and no public distribution of contemplated. Los has Angeles Co. companies and Palmer in Leach the Electric group the arc Manufacturing Jeffries Co. important position in the electronic, mechanical and magnetic amplifier field and manufactures rectifiers, battery chargers, precision power supply equipment, shipside power supply, engine gen¬ 1953—11 Mos.—1952 $ 102,508,516 Associates Inc., Latter 1,201,925 used an electric erators, 100,474,358 2306. magnetic ampiiiiers, governors, throughout the utility telephone, Inet etc. aircraft products missile, and are power cbnsuming industries. Gas Co.—Stock stockholders of Offering Completed—The Dec. 18, 1953, were re¬ International Business Machines Corp.- -New record from private the sale of and loans sale for this of Nine of The $200,000 series of construction A bonds, program.—V. with will proceeds be 178, used Fund, Inc., N. Y. Registers With — Jan. filed 11 statement stock.—V. common 178, Bonds Sold with the Gas Co. — Government accounts in real bonds loans and estate assets Privately— 31f.53 Nov $62,275 J. k $53,923 214,492 ' 9,984 ; 7^574 19,458 _ and printing the it first printed corporation by for means its the tape paper mechanism is fed type the of from machine. obliquely is largely i-esponsible simultaneous printing of the of four different labels.—V. 179, tape permits lines :. ry. Gross from ry. 1950 $3,135,798 549,326 496,169 income.J_ '220,036 318,828 302,206 " 246,100 34,562,475 34,790,165 34,955,648 30,498,054 5.442,697 6,070.333 6,012,221 5,762,277 3,359,455 3,155,186 2,866,144 2,705,796 1— railway— railway income—- oper. 178, 2306. p. Interstate Department —$9,358,763 — p. Stores, Inc.- -Sales Lower— 1953—Month—i952 Period End. Dec. 31— Sales 178, 1951 $3,168,278 567,548 from Net 1952 $3,153,359 333,359 railway Jan. Net —V. 1953 $2,775,605 railway—— oper. From RII.—Earnings— 1953—11 Mos.—1952 $9,984,495 $60,385,042 $60,867,942 2306. 30 >53 251,118 receivable owned— second from Net 2092. p. Financing Corp., Plainficld, N. J. Dec S. since which by the feeding be . from —V. U. system through of speed this by International Great Northern Net - (Conn.) a can machine. ; Gross registration a announced November— Exchange Commission— on method high third, 105. p. employs hour an 1986. p. - Mutual the just labels accounting another to unique fourth, to card device reel one three-line attachment punched for together thousand new a 407 A stock, Develop-» ment— * , Interstate Natural Gas Co.—To Be Merged— 18,476 $342,835 of See Olin Industries, Inc. $294,465 International Paper below—V. 178, p. 52. v Co.—Jointly Owned Subsidiary to Chemical Co, Expand Its Plant Facilities—See Arizona customers assumed $68,252 loans $56,090 44,000 8,370 . 205,549 179 688 18,580 13',316 ' above.—V. 178, p. 2093. 37,000 6,463 .. Total — $342,835 — above audited statement booked in late December has does which, since resulted in a gross profit not Iowa-Illinois Gas & Electric Co.—Bids Jan. 19— The company will up to noon (CST) on Jan. 19 at the National Bank of Chicago, 38 South Dearborn certain the to First public than Januai'y, on Jan. offering of 70% 1954, it 11.—V. class completed was 179, A or new company, $10,532. announced p. common under by at $1.50 fox- A. share per is now completion during underwriter, Searight, 5. The 1954 net proceeds construction on will be used program.—V. to 179, it of finance p. 40,000 part shares of the stock of The Chicago, of cumu¬ company's 6. Vegetable Parchment Co.—Secondary fering—A secondary offering of 11,000 shares of (par $10) Jackson Housatonic Public Service Co.—Banker office Street, bids for the purchase from preferred stock (par $100). receive Kalamazoo option George 111., lative reflect according of $294,465 was made on Of¬ common Jan. 6 by Paine, Webber, & Curtis at $18 per share, with a dealer's dis¬ count of 90 cents per share. It was oversubscribed and Board— M. Ray Coffman, Vice-President in Charge of the Eastern Division Manufacturers Trust Co., New York, has been elected a Director, M. L. Sindeband, Chairman of the Board, announced on Jan. 13 the books closed.—V. 176, p. 1060. of 1951 1950 $660 116 279*820 V. 100,235 22,655 83*432 8,352,435 7,580,358 6 956 630 1 3.304;480 3.043,852 2,408,363 641,808 i2*361*805 770,805 535 478 *563*839 3,305,276 2573. p. First at 160,920 2305. 28,594,561 3,489,616 , $ 18,696,261 payables Capital and paid-in surplus Earned surplus 1 105. $643,194 income... 33,647,294 Inet, Inc., Los Angeles, Calif.—New Control— 62,255-;. 2306. Other aerodvnamic 362,585 20,162 2,662,431 1990. 156,180 LIABILITIES— highway $801,774 9.082,423 24,977,704 3,522,622 23,227,000 than under $333,110 ' 968,986 Obligations more with 28,715,644 27,737,964 , the 218.847 income... railway. p. 3,326,911 Presi¬ $805,923 1— railway oper. 178, , railway from 80,716 NOTE—The Georgia Southern & Florida Ry.—Earnings— November Gross 175,062 61,?72 418,546 p. and business proving grounds. single 268,635,485 f 1371. p. tested intended 207,737,944 191,836,220 1950 soon its first public appearance at the GM Motorama Waldorf-Astoria Hotel at New York, Jan. 21-26. be $327,243 158,640 Total Announced by Harlow H. Curtice make the costing Financing Over 70% Completed— Firebird, will $305,132 18,789,738 Equity packaging mainly to 178, and 17,633,060 a Mr. p. 19,916 • 874,711 corporation Other begin would plant and Canadian headquarters in Toronto.—V. first order 222,973 Instalment a pro¬ near Canadian $ - 18,920,889 ____ 2,259,000 Montreal. in Proceeds 1951 covering 60,000 shares of Cash General Motors Corp.—Builds Gas Turbine Auto— The locomotives ASSETS— auto¬ Purchased food $ 297,838,846 largest refinery construction family York mature —Statement of Condition— the company Diesel New to 1969. 1952 Home Improvement to ail- an an expected new duiing automatic plant a plant is devoted southeastern market. (4) new a its and with Keokuk, Iowa, which capacity for wheat, starch and gluten specialty prod¬ ucts. (5) Introduced a new surgical sponge, developed by the O-Cel-O division of General Mills. (6) Began distribution of a new food prod¬ uct, Betty Crocker Angel Food Cake Mix; and (7) Announced that Will a 1, $1,200,000 first mortgage bonds, series C, due Feb. 1, 1979, through Putnam & Co. and Cooley & Co.—V. 176, p. 1377. companv timer, modern the of bring fryer-cooker, operation The the mix toaster, an iron and a steam-ironing attachment. large building in Toledo, Ohio, which will become ducing Betty Crocker baking mixes. Production is J«bout periods 1, 1953—11 Mos.—1952 S 24,615.168 2,060,677 one bigger The company has placed privately with certain institu¬ tional investors an issue of con- issued1 manufactures also company June on appliances, automatic an The to Feb. ■ in certificates 449,141 Hartford not are create past five fiscal years. Since bas illustrated iEST) noon 1954, 1,433,203 bank The Bell H. Mills stated, Co.—Earnings— 1953—Month—1952 taxes— Maritimes, 118,206,983 112,906,117 Bullis A. as under¬ working 2,350,682 Relay Co. Securities and 52,756,849 figures for General indicative of the annual expectancy. necessarily Certain equities Harry by trust income.— p. the SEC Board for 2,999,644 million - 106.137 railway Guardian 33,572,068 58,052,977 business... No used have a refinery incorporates the latest developments in petroleum processing, in¬ cluding one of the largest Fluid catalytic cracking unit in Canada. It will be the most modern plant of its kind in the world. $48,266,205 1— proceeds from 22,147,300 34,576,011 for be SEC 27,793,837 expenses income When Providence, R. I., who repay stock Earnings retained Telephone of its existing plant capacity. RR.—Earnings— underwrote the offering. 2,650,711 22.147,300 cumulative Common quarter. to the share per building program estimated to cost between $25 and $30 million, Imperial, affiliate of Standard Oil Co. (New Jersey), will replace hiost scribed portion of these shares has all been sold by F. L. Putnam & Co., Boston, Mass., and , cumulative Bell revenues 178, In 1953—5 Mos.—1952 $354,525 Preferred Stock: 5% with initially offered value previous are be to book * Halifax, $ railway— 178, The Equities: the of proceeds Superintendent of the company's Maritime cently given the right to subscribe on or before Jan. 4, 1954, for 75,468 additional shares of common stock (no par) at $6.40 per share on a pro rata basis. The unsub¬ 10,585,103 2,543,467 Excess day The the Imperial Oil Ltd.—To Build New Refinery— , $ 1, 1953 income Greenwich 125,750,455 120,556,828 5,000,000 5,000,000 Reserves last ixrvolved. notification (par $10) at With 147,903,408 2,114,349 — stock thereafter of operating income charges The in ' oper. 178, —V. $ 6,656,553 intangibles the letter a common after and 5. p. Period End. Dec. 31— 49,287,299 — other 105. p. operating taxes—v Net securities 1953—12 Mos.—1952 $ 53,823,177 — bids Aug. 80% of about cover 179, Sales— 87,218,983 _ be Transformer 60,684,423 • — Long-term these (II. L.) Green Co., Inc.—December Sales Up— Nov. 30, '52 ^63,156,376 —___ assets and sus¬ 51,685,331 299,971,962 281,708,679 equipment railway Jan. common Goodwill order an 1954—44 Wks.—1953 $ from railway oper. From 1.75 67,829,676 capital of as will Operating Operating Net invited 11 of 30 130,986,052 —> from ry. 4,327,154 NOVEMBER OF $26,450,048 $27,102,671 Consolidation— 179, $ wiil 5,232,000 — POSITION share per Illinois rose 105, p. Green Bay & Western $ 7,285,000 — further that to be Gross 5,399,560 common Miscellaneous trading in 1953—Month—1952 $5,070,000 $6,356,611—V. 9,559,154 $ Fixed suspended $ installments Nov, 30, '52 Nov. 30, '53 Working entered 1953—Month—1952 will 105. p. 1, by, the 1953—12 Mos.—1952 $3,431,281 capital. 2476. p. Net 12,684,560 — — FINANCIAL Current it, has $12,047,810 $13,047,866 $41,799,631 The 251,865,875 239,581,069 — income on Federal income and excess profits taxes Current of writing r November— Nov. 30, '53 Earnings before Federal taxes per by $2,680,428 and filed 4 and $15.90 determined 2305. p. Net Bales of products and services Earnings that 53,365,592 Jan. Inc.—Earnings Show Gain— Ended— income 1953 Jan. on at for 1953, Daily Sold—" $ Net in company covering 9,000 shares October, Great Northern Ry.—To Sell Equipments— share. The shares per proceeds went to three selling stockholders.—V. General Mills, 6 ago. in 2305. p. 178, —V. Jan. 11 offered 18.000 shares on 1953—Month—1952 Nash-Kelvinator Corp. below.—V. The accumulated 1954—5 Wks.—1953 Period End. Dec. 31— all sold. were reduction $20,082,755 $18,187,854 $170,477,128 $155,504,470 178, —V. by Kidder, Peabody & Co. Jan. no during such period.—V. 178, 2306. p. Period End. Nov. 30— 8 Jan. on semi-annual ■of year $2,235,334, This 2476. p. Sales with that H.) Hyer & Sons, Inc., Olathe, Kan.—Files Securities and Exchange Commission— shares 3.000 subscription General increased company 178, • of common stock (par 50 cents) to be employees of the company and its sub¬ sidiaries at 95% of the market price at the time of issuance (around $14.75 per share). The proceeds are to be added to working capital. —V. 178, p. 1474. offered a created were of reserve $10,150,096. inventories seasonal Sales Buffalo, N. Y.—Files— Inc., and a Grayson-Robinson Stores, Inc.—December Sales Off— Frontier Industries, •6EC LIFO of of (W. T.) Grant Co.—December Sales Higher— 140. p. $4,000,000 Period End. Dec. 31— — interest beneficial per of Period End. Jan. 2— 1951 $17,957,097 $10,749,113 3,693,796 2,783,634 for conversion Hudson Motor Car Co.—Proposed See —V. Income, Net $21,425,276, were the 1952 stock, Grand Union Co.—Current Sales Up— Founders Mutual Fund—Net Assets Rise— accumulative and sys¬ tematic payment plan certificates outstanding (face amount) deduction reduction a carrying Sales 1953 Current liabilities current after announced The —V. Sept. 30— increase par value common stock of Adolf Gobel, Inc., (the American Stock Exchange, for a ten-day period effective opening of the trading session on said Exchange on Jan. 11, March on application. As of an Other The net purchase. $211,758,522, totaled $46,004,697. year on the common (C. loans worth 1954. to Smith and the 178, new a Federal at Fort Fort Smith, consideration will be assets facilities the of amounted value obtains transmission gathering, net it into $3,574,679 —V. reached and listed said, arrangements will be made for the sale of the former com- After company during the period from Dec. 31. 1954, has been accepted conversion Sales pending trading in the $1 of Fort group a residents. of end $33,307,058, 0i SEC the including for Period End. Dec. 31— 1953. 1. inventories, to 1952 during (Adolf) Gobel, Inc.—Listing Suspension Continued— the arranged to purchase of and shares year. partially due to market changes from The its that majority of Arkansas-Oklahoma's which to $74,324,321.—V. members were Smith the 3.15 purpose Net application says that the facilities of the two companies actually constitute a single integrated system, serving adjacent market areas in to debentures will be accepted during the crop harvesting season. These notes will be paid early in 1954 as inventories are processed. The first instalment of $1,500,000 on longterm loan was paid during 1953. The 'pany's of amounted 178, Arkansas- of last $67,429,973, Year-end supplies applied to the Federal Power 31 acquire to Gas Co.. Oklahoma Fort from were ratio Corp.—Proposed Acquisition— corporation 2,284,739 on totaling $3 per share were paid continuously since 1933. Working capital at the & Short-term This share per Physical volume of sales was 4% above high. Dollar volume of sales amounted to 15. Coast.—V. Past $3.04 to stock common 1954, company Howard Stores Corp.—December Sales Higher— dividends 4'/2% Forgan equal were been paid the •«ion earnings Regular'cash Issue— par Glore, through into year was Dividends have 1568. p. charges outstanding. taken mostly by insurance companies and banks. P. U7 Commission has approved the financing. be 477 to 24,290,274 4,035,350 1,152,773 26,894,474 Co.—Plans Preferred Light institutional to transaction electricity 229,773 2,178 plausi to issue and sell 62,500 shares of $100 company new 30,575,708 7,050,465 3,502,725 fiscal the ended Oct. 31, .1953, net profit after taxes and $7,109,272 compared to $6,948,805 in 1952. This was equal to $3.10 per share on the 2,290,794 shares outstanding at the close of the year Oct. 31, 1953, and compares favorably with 1952, all $2,073,168 2476. p. Power Florida The 51,608 29,870,879 6,078,523 2,415,785 railway 'Deficit.—V. The $2,539,785 605,910 317,577 In when railway—— oper. preferred 1950 1— from Net ®34,627 Income oper. Prom 'Co. $2,441,405 $2,390,375 259,217 1 353,906 railway railway from Net Glidden Co.—Sales and Earnings Higher— 1951 1952 Monday, January 18, 1954 ... ' ** — 178, p. 1474. Charles Houston, amount in W. Hamilton, Vice-President Tx-ustee, on Jan. 5 announced of 314% accordance Com¬ Stocks Offered—A group headed by Blyth & Co., Inc., and The First Boston Corp. on Jan. 14 offered for public sale additional common and preferred stock of mon Houston Lighting & Power Co.—No Further tures To Be Accepted for Conversion in 1954— 1 Kansas City Power & Light Co.—Preferred and convertible with the debentures indenture Deben¬ of the National that the maximum of dated the July above 1, Bank company 1952, is of principal which, convertible Kansas City Power & Light Co. The common stock con¬ sists of 225,460 shares (without par value) being offered at $32.50 per share. The other part of the made up of offering is 70,000 shares of 4.20% cumulative preferred stock ($100 par value) priced at $101 per share and ac¬ crued dividend. • The Feb. prices $102 PROCEEDS—The net and in $21,000,000 of Mo. City, water heat, Iowa, had total the operating share per revenues of earnings Period End. Oper and and common utility's the Net distributes it also serves Nov. 1, 1965.—V. 175, includes hot in northern an area gas, Gross Period End. Dec. 31— Net 178, OF See '$5,887,224 Inet, Net income 633 $1,222,406 426,871 $6,040,659 341,724 4,904 $5,674,804 $6,053,540 1,580,147 $759,068 $4,473,393 $4,374,554 282,092 219,648 94b, 592 878,592 above.—V. and $513,443 $539,420 share (on 2,750,000 shs.) surplus Earnings common per $3,526,801 The the Oct. 28, net number for 2-for-l split the *$32.80 number of shares, value shares of as Dec. outstanding 31, 1953 $142,775,029 was amounted to 178, Period End. Dec. 31— company, in November 1953, completed contractors for the construction of an addition approximately 50,000 kw. to the Lawrence Generation Station. This addition, which will increase the rating of the Lawrence Station to approximately 100,000 kw., is scheduled for completion by April with of 1, 1955. recommendation PLAN—A OPTION establishment of Employee an by the directors for Option Plan was approved Stock purchase to Net employees on Oct. Oct. 1953. 14, to accept the option so granted at the purchase price $15.20 per share which was 85% of the closing price of the stock the New York Stock Exchange on Oct, 14, 1953.—V. 178, p. 1372. of on 1954, 13, Kay Jewelry Stores, Inc.—Exchange Offer Effective— This corporation «inder the which stock for announced Jan. on offered corporation the that 11 to, exchange exchange shares of offer capital its preferred and common stock of corporations operating retail jewelry stores have been declared effective to 56 corporations oper¬ as ating 67 stores. In volume of sales the stores are believed to constitute largest retail jewelry organization in this country. the Lazard Stores, As result Stores, Inc. acted Co. connection in Inc. a & Freres the of the with 30, 1953 Adviser to Kay Jewelry negotiations. total acceptances, of June as Financial as on net pro a assets of Jewelry Kay forma basis amount to ap¬ $10,700,000. The total number of shares of capital stock outstanding will be 543,222. Net sales of the 56 corporations accepting the exchange offer totaled proximately to be before •the the during $22,094,976 minority deducting ended year June 30, amounted interest, to net income, $1,191,445. 1953, while During June 30, 1952 sales aggregated $21,619,358 and net income $1,027,040. Cecil D. Kaufmann, President of Kay Jewelry Stores, stated that all of the 67 retail stores are well-established units. The first Kay Store was been Acceptance said, the from their inception, according to Mr. Kaufmann. the exchange offer by the store corporations will, he possible a number of advantages to the stockholders of of "make store corporations, including a more and financing." The company, expansion apply in due York New for course Stock listing of advantageous continued, he Kay Jewelry Stores vehicle for expects to on the shares Exchange. the Of in York, Pennsylvania, and West Virginia, and 8 in Illinois, Indiana, in areas New and Rhode Virginia Maryland; and 11 States; six Southeastern in 6 part selling on of 10, The employ approximately Benjamin B. D. Golding, Simon and Treasurer; Kaufmann, President; Vice-Presidents; Joel S. Hirshman, Secretary.—V. 178, Cecil are: company and Trattner R. Kaufmann, p. the of officers David 1274. The corporation Dec. on filed 29 letter a with notification of the shares of preferred stock (par $100) and 150 (par $100) to be offered in units of two pre¬ ferred shares and one common share at $300 per unit, without under¬ covering shares of writing. stock The proceeds are to notes and be used to acquire contracts, the 178, value per sh. 1950 $5.94 $5.66 1951 $6.10 interested persons until 12:30 p.m. on Jan. 22, 1954, to request thereon. The application also requests an order declaring that Koppers has ceased to be a holding company. In 1945, Koppers held 78% of the then outstanding common stock and approximately 13% of the then outstanding 6% preferred stock of Eastern. By virtue of a 1950 recapitalization, Koppers' holdings were exchanged for 563,347 shares (21%) of Eastern's new common stock. From time to time thereafter, Koppers disposed of 550,347 of these shares, leaving a balance of 13,000 shares constituting approximately Vz of 1% of Eastern's outstanding common stock. Koppers now requests a revo¬ hearing cation or modification conditions it which upon seeks also an company.—V. such order 178, p. the of 1945 order declaring divestment perdicated was that it has alleging order, do ceased not to exist; be a that 1953—Month—1952 178, 1953 Net Net railway— from from 1952 $492,097 ry. oper. Gross from Net from Net ry. 1951 $373,062 1950 $428,572 27,206 income— 1 257,811 101.657 185,109 *16,992 railway 271,322 121,616 31,230 1— Prom Jan. 4,892,394 2,272,074 railway railway oper. S. The corporation which office is located is company incorporated was 530 at engaged West in the Sixth income— •Deficit.—V. 178, p. 3,960,397 4,395,732 3,620.322 1,622,308 1,828,212 1,585,024 1,219,536 881,351 846,929 699,209 2574. delivered carrier-based of to the U. S. fighters—the Navy, all-weather, an high it was an¬ performance, carrier- is the production the to successor Delivery of the last Banshee was 1953, concluding contracts in which fighters were produced. backlog of orders totaling $534,000,000 made to more than Jan. on McDonnell famous series. 30, twin-jet 1, the Navy 800 of is made 1954, McLellan Stores Co.—December Sales Off— 1953—Month—1952 Sales 1953—12 Mos.—1952 $11,145,265 $11,803,529 $61,084,170 $62,492,684 —V. 178, 2307. p. oil $ —V. 178, Merritt-Chapman & Common Stock stock of Jan. exploratory and Scott Purchase proposal to warrants a purchase $ 119,841,000 issued 11 Corp.—Plans Eliminate to Warrants— eliminate in outstanding perpetual common 1929 by this corporation were an¬ President and Chairman of the by Louis E. Wolfson, Board. to Acoion of at the to eliminate increase petroleum $ 122,345,000 20,647,000 2307. p. Terms 1953—11 Mos.—1952 $ 20,841,000 sell¬ and 1953—Month—1952 Sales St., business refining crude special shares. issuance shares warrants held authorized warrants of of $100 1953, stock issued retired 37,272 24, 6Va% value were issued. been are authorized was Nov. common had par which originally the meeting the The in in they voted also 1,000,000 to 3,000,000 in connection with an 1929 preferred March, stock, in outstanding all Of 1951, outstanding now the shareholders by which at from 40,000 warrants hands the the of public. The right per Each devel¬ for plan to their all at elimination holders the current who exercise exercise of stock. The latter stock dividend had of share a stock in receive 1.8375 initially called stock to share representing paid October, purchase right. per holder the $13.17V2 of stock common dividend paid payment $26.35 warrant represents of been the their price total by the right, plus .8375 dividends, including the 25% 40% authorizes right exercised will entitle the shares company has offered to purchase from redeemable preference shares (par $100) all held by such holder at and for the lawful offer Trust of money dividend payment this each or may Co., Canada thereon therefor 34 together at the with rate computed of from of per of the of such part $90 share equivalent to amount an 5% Jan. holder any price accruing of per the to annum date 1954. Deposits under be made on or before Feb. 25, 1954, with Chartered King St, West, Toronto, Ont., Canada. 1, F. Wadsworth, President, on Jan. 11 said: anticipated that the above retirement of preference shares will appreciably reduce the net working capital of the company. In addition, the company is undertaking extensive modernization of its "It is West Toronto stock The plant, including provision for increased grain storage facilities. dividend offer 1954. It to is in accrued Jan. 11, 1954. "It is contemplated funded the meet cost that the indebtedness of the capital. The directors make arrangements for by above have the will company be required between $3,500,000 and expansion authorized and to increase to $4,000,000 provide working the company's officers to borrowings."—V. 162, p. 3054. necessary followed 1950, A by warrant a Jan. on 12 share as in 177, V. Micro plant proceeds from the sale will be used by the company in connection with the acquisition and improvement cement plants at Rockmart, Ga., and Superior, Ohio. plants acquired were States at provements Portland will Cement aggregate an bring of as total first Co. cost cost the of to and New $6,300,000. the this of month York The of Controls Miami, windows (a similar ment for internal The new The which the figure the Girardeau, Mo.; Nashville, present $12,000,00, $10,000,000. Oglesby, 111.; Des Moines, IoWa; Cape Tenn.; Cowan, Tenn.; and Brandon, Mass. acquisitions $3,175,000 in effect the to financing in connection with will have long-term debt of company preferred stock and EARNINGS—Earnings in 1952 amounted then outstanding and in the first 10 $4 common share per months of 1953 stock was recently on $2 a on to shares common G. C. to be names of purchased Becker & Co. Inc 17,000 & Co., Inc 3,000 Emerich & Co., Inc.. 2,000 Allyn Robert W. Baird & Co., the underwriters, annual and the each of them McCormick Inc. 1,500 2,000 Newhard, 5,000 The 3,000 divi¬ Blair & Co Robertson & Farwell, 1,000 Pan- coast 1,000 Equitable Co & Securities Chapman & Corp.. 5,000 Co 1,500 Milwaukee & Stern Brothers Straus, & & Inc McDowell Corp Common, Dann Hickey 1,000 Kidder, Peabody Vietor, Co Co., Co. that the Weather-Guard automobile approved by the engineering manufacturers.—V. 177, automobile 1953—5 Mos.—1952 $5,494,854 $16,238,343 $17,411,098 offered be to at to be proceeds from are 10 cents used ry. railway- ry. railwayrailway from Net general Sault & mining SEC one underwriting. expenses. Ste. Marie RR.—Earns. 1952 1951 1950 $3,166,480 $3,735,486 $3,803,298 *9,609 *74,878 752,313 *59,288 *156,898 401,160 1,105,550 648,429 37,303,570 39,403,666 38,675,866 35,596,199 4,908,519 6,134,247 6,544,748 6,948,151 1,869,110 2,091,037 2,837,522 2,562,994 1— from Net pay without the (par with stock common $2,609,441 railway oper. income— From Jan. to notification share, per 1953 _ from Gross Exchange Commission— Jan. 8 filed a letter of shares of non-assessable on _ income. oper. ♦Deficit.—V. 178, . _ p. 2574. Mississippi Central RR.—Earnings— November— from ry. Gross 1952 1951 1950 $204,853 $232,090 $232,166 30,627 36,870 71,293 86,622 10,589 9,186 24,373 35,586 2,526,145 2,451,982 2,410,102 2,209,213 638,792 608,458 728,649 643,977 248,758 188,398 252,912 241,246 railway railway income oper. From 1953 $211,022 income— from Net Jan. 1 — from 5,000 Net ry. —V. oper. 178, 2574. p. Mississippi Chemical Corp.—Registers With SEC— corDoratlon The Jan. of filed a registration statement with the SEC on 26,666 shares of special common stock (par share—limited dividend), and $1,500,000 of certificates participation (to be sold in multiples of $75—5% interest). No value 5, 1954, $75 covering per Dean 5,000 Woolfolk Witter & & Co Shober underwriting is involved, the securities to be offered through company employees. According 1,500 2,000 A 1,500 & Case¬ demand 1,500 Co Blosser & 5,000 and increasing 2,000 Inc. Securities Inc Jalousie the meet 1953—Month—1952 railway— frmo railway Jaffray <fc Hopwood. 1,500 Shillinglaw, Bolger & Co 2,000 Sills, Fairman & Harris, Union Co to (the and Weather-Matic the and Prospecting & Exploration Co., Missoula, Mont. 350,000 Net 1,500 Stroud Co., rain) completely leading November— 2,000 5,000 & modern 2307. p. company Gross 1,500 Co Co 3,000 Illinois new 2,000 Co Cook Ohio (see details their Co.—December Sales Off— 3,000 & Co. Glore, Forgan & Co Hayden, Stone & Co Hemphill, Noyes & Co The The number Piper, Dewar, 178, cent) the follows: as are Ladenburg, Thalmann Lee Higginson Corp The William advises and the Net by into gear-operated up —Files With Securities and $4.08 basis.* UNDERWRITERS—The all $4,940,144 —V. Net placed of case stepped Period End. Dec. 31— Gross DIVIDENDS—The moved shares. share. dend of 950,000 to stock per also of Sales at CAPITALIZATION—Giving the have operating been tested one Miller-Wohl add located Feb. 2680. p. covering approximately 2,OOO.OOQ barrels to the capacity, increasing it to 13,354,000 barrels, at company is estimated to be the fifth largest In are in cars for has been of Net plants on management im¬ country. Other Inc. Minneapolis, St. Paul will through units. has division sources. plants annual device windows) these The funds, aside from those provided by the present financ¬ being obtained by additions to long-term borrowings and company's 12 Jan. Fla., where production on the Weather-Guard relay mechanism for closing convertible tops automatic Mines Necessary are effective 1581). p. Moisture at Co., projected neighborhood is of from Coal holders the issue has been oversubscribed micro at net 1951. Micro-Moisture Controls, Inc.—Common Stock Offer¬ ing Oversubscribed—McGrath Securities Corp. of New York City, on Jan. 12 announced the closing of the books on the sale of 299,000 shares of common stock at $1 per unit Marquette Cement Manufacturing Co.—Stock Offered —Offering of 100,000 common shares (par $10) was December, conditional automatic «fe Co., Inc Central Republic Co. (Inc.)Julien Collins & Co RR.—Earnings— $276,872 November— Gross Its principal Calif. Blyth Lake Superior & Ishpeming Demon warrants Ames, 1953—12 Mos.—1952 2307. p. Delaware a The 5% A. $31,209,839 $31,303,783 $172,979,646 $176,241,576 Bales —V. is shares A. Per. End. Dec. 31— series new been 1, upon acceptance of holders representing 90% of the rights. The company has the option, however, to proceed with the plan if at least 75% of the rights are deposited for exercise.— V. 179, p. 106. 949. (S. H.) Kress & Co.—December Sales Lower— 1953—12 Mos.—1952 $18,857,362 $104,786,431 $106,986,836 Funded Debt— and holding the 179, p. 7. 5% given a by the company. The Macmillan and Helen F. Mac¬ Maple Leaf Milling Co., Ltd.—Offers to Purchase 5% Shares—Plans Expansion and Increase in from has applied to the SEC for a modification of Its order of June 26, 1945, directing Koppers to divest itself of its stock interest in Eastern Gas and Fuel Associates; and the Commission has the of member a Preference ing, company and 8. for Koppers Co., Inc.—To Cease as Holding Company— This Raymond are received be Is presently engaged in heavy opment drilling operations.—V. 179, p. 7. $5.60 149. p. to is — company respectively, 1952 1953 As of Nov. 30— asset Corp. waxes. These ' director a Mercantile Stores, Inc.—December Sales Up— gasoline, industrial naphthas, light and heavy fuel oils, fuel oils for jet engines, industrial and road building asphalts, greases and 2306. Knickerbocker Fund—Net Asset Value— Fund's of *904,443 proceeds PROCEEDS—The $4,869,000 $41,271,000 $40,230,000 $4,962,000 —V. *1,547,025 include Southern Net *1,856,191 $34 per share by an underwriting group managed by A. G. Becker & Co. Inc. 1953—12 Mos.—1952 1953—Month—1952 Period End. Dec. 31— •Sales p. 217,711 products and by-products which it pro¬ duces therefrom. Its principal product is a lubricating oil marketed under the trade name of "Macmillan Ring Free Oil." It has recently commenced to sell, exclusively in food markets, a lubricaitng oil under the trade name "Royal Scot." Other refined products of the company The Board the the primarily of Navy F3H-1 Demon and Air Force F-101 Voodoo con¬ tracts. This volume of production is expected to boost McDonnell employment to approximately 17,000 in 1955. The current employment level is about 12,000.—V. 178, p. 2574. 2307. p. the refined made (G. R.) Kinney Co., Inc.—December Sales Up— 178, 6,217,785 300 common mortgages. —V. 6,208,186 45,379,654 7,086,404 drilling for, producing, buying, selling and to SEC 49,742,093 Petroleum 14, consolidated (Charles E.) Kiefner, Inc., Spokane, Wash.—Files— 48,693,712 7,637,314 178, 1928. Angeles ing elected entirely an Period End. Dec. 31— company Aug. Los of of member a fighter. nounced K. 1,250 persons. The merchandising, sales, and financial programs will be directed from the company's headquarters in Washington, D. C. stores of Jan. Oct. *351,640 51,437,880 stockholders This Ohio. The 342,748 59,828 millan. in stores, 24 stores are located in Massachusetts, Connecti¬ Island; 18 in the District of Columbia and nearby 67 and 806,422 income oper. ' cut, 599,334 *162,826 $3,976,773 Secondary Offering — Shearson, Hammill & Co., Los Angeles, Calif., on Dec. 31 publicly offered 13,500 shares of capital stock (par 500) at $11 per share. The offering was completed. As a group the stores have Pa., in 1916. 1950 $4,698,763 580,988 railway railway Macmillan No Chairman Chairman elected was 1953—Month—1952 Period End. Dec. 31— prosperous opened in Reading, 1951 $4,247,093 *171,514 from ry. elected becomes also committee.—V. single-jet Demon is The 1— ♦Deficit.—V. ended year income... oper. Jan. and up 1952 $4,564,424 from Net who $18,318,455 first Banshee A 1953 railway... railway from ry. 1, 1955. , 2307. p. on Earnings— from From 1953. under this plan were granted to eligible Such employees have until and including stock been has Demon—has on November— Net 2574. p. McDonnell Aircraft Corp.—Starts Demon Deliveries— The based 1953—11 Mos.—1952 2307. p. Net by the stockholders at the annual meeting on May 5, Options 1953—Month—1952 Long Island RR. Gross STOCK the Cooper 178, the Gross been Robinson ! —V. The $23,196,102 $24,395,613 $139,838,021 $145,444,575 178, 178, maturities oeven committee. L. F3H-1N Sales first uie Groyvth Stock Fund—Robin¬ has Griswold, Mr. nounced $1.36 EXPANSION—The PLAN arrangements Board. Jr., Per. End. Dec. 31— and 4,153,124.—V. 1570. p. $12,000,000 of Chairman— Robinson, Sales in amount annually beginning Jan. on Investors the in McCrory Stores Corp.—December Sales Lower— June 30,'53 $34.38 the 1953. asset of 31,'53 share per adjustment total $600,000 3y*'/< of maturities.—V. 13 Merrill succeed John $3,495,962 $1.37 P. Advisory 2290. p. rate £50,000 shs. 1,000,000 shs. due are the Elected son executive 173, at 158,750 shs. 158,750 shs. - issued were Corp.—Asset Value Higher— value •After divs. com. the last on Dwight Dec. asset —V. Balance for a 1954 and 1, $20)___— (par $10) J Outstanding $12,000,000 ..+* $12,000,000 notes Massachusetts $61,495,347 $57,248,310 1,300,250 $795,535 — shares (par promissory is 1953—12 Mos.—1952 $6,142,968 As of— Net $5,669,900 12,881 $1,100,792 - dividends Jan. notes investment management 1953—12 Mos.—1952 $1,100,159 Inc., Lehman EARNINGS $6,720,552 $33,731,754 $31,241,737 5,620,393 27,691,095 25,571,837 pfd. shares ♦These 2574. p. Lerner Stores Corp.—December Sales Decreased— Preferred cumul. Common 4.1% Leach Relay Co.—Ohrstrom Interests Add Inet— 31, 1953, the company $45,127,000, net income of $6,521,000, $2.42.STATEMENT Int., etc., deductions— 1953—Month—1952 sales —V. Oct. 44 income 6% on Lane Bryant, Inc.—December Sales Lower— of income- 319. p. Authorized promissory Interest and which natural CAPITALIZAATION GIVING EFFECT TO PRESENT FINANCING ♦Serial to ended $1,222,362 income operating $1,200,000 loan from help finance the purchase of a Mobilift Corp. by its subsidiary, Lamson Mobilift Corp. The borrowing was made on 43A% notes due serially to effective Non-operating has received Prudential Insurance Co. to cost approximately $21,500,000 in 1954. Missouri and Kansas $7,346,006 6,123,644 taxes- the cost of 5 (205) which 1953—Month^-1952 Sept. 30— revenues exps. of sale cost degree months 12 COMPARATIVE Operating to The company Mason City. including 1964. part of the and water. EARNINGS—For and in lesser a the 29, principal business is the production area an To Feb. program expected company's electricity in Kansas to defray is and after from proceeds used acquisition 1953 BUSINESS—The sale share per preferred stock will be construction is redeemable, at the option of the com¬ from $105.50 per share if redeemed prior to stock ranging to 1957, 28, - Lamson Corp. of Delaware—Loan Placed Privately— ; —This corporation preferred new at pany, - ~ Number 5291... The Commercial and Financial Chronicle Volume 179 common of to the prospectus, the ownership of each stpek, or one share of special common stock, 15 or a shares of certificate 5,000 amount of $75, gives the holder thereof the preferred patronage right to purchase one ton of ammonium nitrate or one-half ton of anhydrous ammonia during each fiscal year. Proceeds of the financing together with bank borrowings are to be 1,000 used {or expansion 5,000 & 1.000 participation in the of facilities.—V. 178, ip. 1275. 6 The Commercial and Financial Chronicle (206) National Phoenix Industries, Inc.—Proposed Merger— Mississippi Power & Light Co.—Registers With SEC Walter This company filed a registration statement with the SEC on Jan. 7, 1954 covering *60.000 shares of preferred stock, cumulative, S100 par value to ceeds'will other The 25, used be corporate $7,000,000 for public expenditures are Construction purposes. ! 1954. has SEC that sale at competitive bidding. Net pro¬ for property additions and improvements and for for offered be issued 1954, to request 177, p. order an of at a of of in District facilities Dallas, to the Texas, Lines 1,200-acre new announced was President. Praser, addition In Missouri-Kansas-Texas of of struction track to an development Katy's Denton Fraser Jan. on will Work be about March well Hollow in of the plants already under construction Missouri Pacific from Net ry. Net 1951 1952 1950 1,787,821 2,282,048 2,453,459 226,891,932 217,081,225 196,598,593 Co. will 42,574,203 52.451,072 41,639,216 50,165,489 25,241,956 25,933,188 21,352,289 of a from Cities Service Service recently with be will used high the bank sections from gas service revenues purchase to unsub¬ any with connection in bidder to the is it Missouri. of and 1.6% have planned, vsrith will Gas Service bid a be debt of respectively. and $2,200,000, stock cents The and At of Nov. income income net 1953 30, shares new to total issued.—V. be Per. End. Dec. 31— 1953—Month—1952 —V. 178, p, Period End. Nov. 30— 179, 1953—Mc Month—1952 revenues of $ 805,046 708,945 729,424 10,849,510 8,927,360 income 1,506,888 1,094,415 13,968,814 1,307,590 912,680 11,830,657 1953—Month—1952 covering series A, $5,500,000 due 1974, Proceeds (together standing notes to construction 178, The quest with amount to treasury for the funds) construction will be used and purposes to hearing has given interested until persons the proposed financing.—V. 178, on p. to directors approved this of Jan. on 14 corporation and consolidation o£ American the the two 179, from ry. Car Co. into the ry. Net from Net ry. From and and of General the President" of Board , Corp. Manager 10,000,000 shares of $5 will have of new Hudson, ' - company. will be A. Gross stock Jan. Mr. ' Cosgrove, Chairman of Joseph H. will Quick has He of and has had been Sylvania been the Board of President as on the the Products and a and net at Quick succeeds Treasurer member all company, effective in of the electronics of of these of the Charles National executive C. Co., Hornbostel Inc. committee. connections.—V. 177, 3,396,347 188,439,746 151.051,246 52.459,672 61,725,782 25,859,019 25,838,133 27,501,402 44,592,000 25,664,589 - - 2200. Navy has awarded number Jan. on the of 10 C.' by Columbus Inc.—Awarded Contract-—* this FJ-4 corporation carrier-based J. Gallant, contract a jet fighter to produce craft, Vice-President and it was General Division. plant is be capital funds determined will that out shares by aggregate change no in the be to enable the Curtiss-Wright J-65 to fly at speeds a the The the model new which FJ-4 Division of will be built concurrently with production models will begin to roll off the project will continue work at North American's Colum¬ after into 1956.—V. Commonwealth Six turbines gas 179, 8. p. % Co.—Registers With SEC— Edison have pressor i stations according to General ment. will then Co, of above.—V. the natural number to gas The 179, 107. p. 1953, the time after $23,- The '—V. three 178, Co. Co.'s and Gas being P. Turbine the The com¬ Macksville, by John while now Keller, Depart¬ remaining two installations new used of the for pumping the Federal facilities the order bring industrial placed turbines gas Power to Mid-Western to of season actually firm a and that load were to pipeline Mexico obtained, heavy applied enlarge New requested specified had to and was units receipt order Gas Texas winter first 13 future. near pipeline gas Tescott Jan. operation, the turbines gas approval the for in natural at on Electric in are authorization company The dividend of from When areas. General line Natural for gas in company 38. Northern Commission natural the units the on installed above announcement an of the placed been the of Manager Four be bring stock¬ about present ■ *" v prpototypes . Sapphire jet engine above 650 miles per airplane Northern Natural Gas Co.—Adds to Facilities— said, "the com¬ rights to stock¬ two on May installed be 8, in 1953-54. shipped in September, 18 only order. that units all be shipped mid-October. by 2200. p. Northern States Power Co. Allen Co, is the S. President parent Co.—V. of National 166, p. Union Jan. on 1358. L. formerly Director a (Minn.)—New President— Executive to succeed Vice-President, the late B. F. has been Braheney, elected who died 1954. Chambers, Vice-President and Treasurer, been has Principal Finance Officer of the company.—V. Ohio $11,598,626 $11,874,376 $66,740,250 $63,830,955 King, and 3, F. the as 1953—12 Mos —1952 System (& Edison Co.—Offers Common 179, designated 107. p. Shares—Walter H. Sammis, President, on Jan. 13, announced that an invest¬ banking group headed by White, Weld & Co. made the winning bid of $62,811.77, or 11.9 cents per share for underwriting compensation for the purchase at the subscription price of $35.75 per share of any unsub¬ Subs.)—Earnings— 1953 taxes_ 1952 90,882,624 85,760,692 $16,976,168 8,538,831 $15,676,481 $8,437,337 $7,660,018 $0.97 other income— charges. $0.97 8,016,463 of the income on scribed shares of the 527,830. additional shares of the company's common stock not subscribed on the offering thereof, to the company's stockholders. The acceptance " average N.E.E.S. winning bid is subject to SEC approval. Bids com¬ also were follows: Lehman 13.2 cents 1953 1952 1951 Peabody representatives of Bear, Stearns & Co. Lynch, Pierce, $75,675.00 or other groups & Co. (jointly), & Beane and 14.3 cents share; per The by the 288,897 193,206 232 437 331,291 150,893 225,780 railway— railway— 7,177,827 7,980,593 7,851,022 7 557 707 1,064,822 2,398,136 1,766,473 income— 1,250,487 2,516*,529 2,616,474 1,177,279 2,208,767 - $675,274 for company $785 457 1— as (jointly), $69,711.23 Fenner Stanley 1950 *26,909 p. from Merrill & Co., $78,119.00 or 14.8 cents per share; and Corp., $86,775.00 or 16.4 cents per share. The proceeds from the sale of the common stock will be used *119,378 178, share; First Boston $462,913 $769,331 received Brothers and per Morgan Ry.—Earnings— tion , in record at 10 is requirements for the corporate purposes. • offered to Ohio Edison's being the close shares construction other and stock each to cash 1954 The of then business held Jan. with 14 of acidi- property . the on privilege of ■ stockholders common basis of share one over-subscription, of for subject allotment. Public —V. 2575. ' offering 179, of any unsubscribed stock is scheduled for Feb. 2. 107. p. Olin Industries, Inc.—Unit to Acquire The 1953 railway income— 1951 1950 $322,067 $367,923 165,883 $233,908 $269,055 107,708 railway—__ 1952 72,176 118 259 27,956 87,214 13,915 78*36*1 1— railway— railway Federal Power 19 Jan. mence Commission has application an on by Utility— scheduled Olin hearing a Interstate York City, wholly-owned a of operate all the subsidiary, facilities Louisiana. ' • for Interstate of - authority Natural com¬ Co., 99% of New acquire to Gas • - to Corp. s 631,556 -528,687 *83,529 oper. Interstate Olin 2,934,960 1,326.808 the p. and who also Mr. 2354. from from ry. 2 807 849 1 104*192 602*461 ' • Natural's all merger, other and of of Monroe, ' Gross ry. —V. America, executive served as a Philco committee as President director Hohibostel railway railway income— oper. 179, has $579,754 99,878 64,214 $611,769 83,597 7,015 *34,402 i*29,470 6,717,034 6,568,957 1— from from Net $596,652 *10,203 *119,245 income 1950 $523,534 railway 1951 6,552,432 6,504,165 582,521 733,846 733.944 745,806 *657,584 *369,559 *403,353 The SEC from Net from ry. From and a resigned 1953 railway oper. Jan. income Net ry. —V. railway railway oper. 178, p. 1951 income 2478. company for of the of Per. End. Dec. 31— each $449,392 $439,510 147,014 112,648 114,046 38,623 71,151 51,098 43,481 5,347,927 5,174,959 4,981,929 4,685,534 This 1,394,597 1,270,846 1,287,966 1,258.303 —V. 178, p. 2307. letter a of notification the with also stock covered at $1 indebtedness of the issuance proposed share per so on the basis by canceled the six of of one directors 509,055 521,674 489,615 173, proceeds p. to are to be used to current-.debt. pay pay for development of mining, There will 2392. , be underwriting) no - Otter Tail Power Co.—To Sell Debentures— The /•' 1953—12 Mos.—1952 filed notification $1 and authority 1953—Month—1952 11 company. net $501,173 $29,199,134 $29,570,654 $171,146,500 $166,315,526 Mississippi.—V. 178, p. 299. Dec. common has company fo issue application February of 1954 deemable in whole interest, Jan. 1, The and 1955, will at proposed ratably in the applied $2,500,000 says or Sales—— and stock. of properties —V. of letter shares for The 1950 (J. J.) Newberry Co.—December Sales Lower— Interstate principal before share one The 127,020 467,359 Jan. on $25,000 or on $478,002 1— Gross from from 1952 than more amount of registered three-year notes 31, 1956 to be issued at face amount. These notes may be convertible during the month of December, 1954, only into common stock on the basis of $2 principal amount of notes *490,189 Susquehanna & Western RR.—Earnings- railway located in Louisiana covering payable share November— Gross owns Oro Flame Mining Co., Phoenix, Ariz.—Files— 107. p. now Upon completion of the merger, Olin Interstate's name changed to Olin Gas Transmission.Corp. Interstate Natural's are Ry.—Earnings— 1952 Corp. outstanding capital stock and plans to acquire, through of the latter company's facilities, properties, contracts and assets. facilities 1953 railway oper. Net • Net of Co., Inc., and he comes to National from the Presidency Harrington & Richardson Arms Co. of Worcester, Mass. Mr. 2,211,465 - See or New York, Co. member National and will each 3,596,174 Net Corp. Electric 1950 49,945,797 FJ-3, 25.000 Directors, has announced of many years of experience associated with Radio director a price for income,— From Jan. be <. Industry having Corp. of Quick 1954. 1, Rattelman subscription share 1,437,052 Net National Co., Inc.—New President Elected— C. and from Net ,of . Stockholders of the two companies will meet in March to .vote consolidation.—V. 179, p. 107. election a special 16, 1954, to stock of the 3,785,175 Gross ~ capitalization Nash-Kelvinator , R. Mr. under 1953—Month—1952 November— E. exchanged for American Motors stock on a one-for-one" basis. Hudson stockholders will receive two shares of American Motors stock for each three shares held. the stock," new New York, Ontario & Western director a • authorized an value stock. par 1951 income— will Two that capital income— 574,716 ♦Deficit.—V. 178, p. 2575. Nash-Kelvinator, will the of -• Motors 1952 2,364,056 of would be consultant. American 14 March the cars. Chairman and impair Niagara Commis¬ new hour. Pa. railway.— railway Jan. ry. President not States. Ontario the 2,647,758 S. Power 7. oper. from President for in outstanding p. from Net Barit, will energy United from in 179,529.997 p. U. which $107,858,792 $101,437,173 share oper. Net and of the energy to States * and Hudson total $355,000,000. Sept. 30, 1953, they had working capital in excess of $100,000,000, announcement said, and combined sales for the 12 months up to Sept. 30 were in excess of $680,000,000. Nash and Hudson in the same Chairman pursuant United 175,061,231 Northern Illinois Gas Pittsburgh, Jan. on called shares stock one Insurance from from an George W. Mason, been Electric other oper. As of period produced 244,507 used re Motors Corp. Combined assets of Nash-Kelvinator be the from Gross companies the aircraft is improved aerodynamically over the FJ-3 which in production at the Columbus plant. It will feature a wing and fin tail. Other details of the design are classified for* security reasons. New York Connecting RR.—Earnings- Motor Y. 50,000 at railway.— railway— 178, bus J shares Net 2477. Hudson Co., announced of this Fire expenses From Jan. • The of presently 887. p. 1 per Net Merger— on rate Commission Ry.—Earnings— 1— oper. The Corp. November— Nash-Kelvinator Corp.—To Vote within 1953 undisclosed is 1953—12 Mos.—1952 170, Insurance 200,000 of — ♦Deficit.—V. 27 and Over N. 2575. p. income_„ oper. Manager $4,636,430 $20,195,329 $19,874,063 above.—V. has of additional Jan. export electric announced 2308. and Gross out¬ pay proposed North American Aviation, 1950 Fire pointed Union operating Net for the from The $31.57 earnings Net the mortgage bonds, competitive bidding. at that supply Kidder, first of public ry. an New Orleans, Texas & Mexico expenditures.- Commission a offered steam Massena, maximum a Ontario being maintained and by the President of the signed electric from high of 76,600, a to a new high 1951 Corp. company's Boston p. Earnings $184,065,449 with at the the transmitted 4,886,492 ry. board's Consolidated —V. statement of railway— $14,739,149 $17,431,674 $18,112,961 $14,427,252 railway 3,900,506 6,647,348 6,469,730 Net per sales Interest 1953—12 Mos.—1952 registration a principal be issued filed now receives weeks Net Net Mystic Valley Gas Co.—Registers With SEC— 12 be north bank of the St. Lawrence River Lawrence River Power Co.'facilities over the St. of from —V. Corp.—Change in Control- November— Jan. said 178, Net 35% $35.02 subscription the First Gross on record a . 8,234,922, 178, p. 2307. SEC, the Operating G. C. Murphy Co.—December Sales Lower— company to increased 1952 $4,253,553 issue Rattelman mon $31,978,687 $32,275,879 $187,163,824 to presently From Jan. was Gross 178, p. 2477. Per. End. Dec. 31— at will Co., and ment 9,160,840 The 22% or 1953—Month—1952 basis the J , generated Power from Gross Vice-President. This repre¬ better than the previous rec¬ the is to the on are license be River exported November— Gross and $35.56 President, New England 11,125,942 after charges.— —V. Phoenix $33.65 Period End. Dec. 31— < 7,863,274 Sales National the to the National 88,182,654 taxes— be Norfolk & Western Hare, Indemnity Co. and Birmingham Insurance 115,406,792 —V. of 11 Months Ended Nov. 30— operating taxes— corporation thin increase of $30 The - 97,875,811 _,___ FPC sion.—V. contemplated and that the new stock could not be offered approved by the stockholders and regulatory authorities, and registered under the Securities Act of 1933. It is expected that the offering will be underwritten by an underwriting group headed by 1953—11 Mos—1952 $ this until Co.—Earnings $ will delivered The River sufficiency Mohawk Neisner Brothers, Inc.—December Sales Lower— 131,621,495 operating it Mr. $ 8,261,435 Net Net C. 000,000. 106. 10,890,320 income pre¬ SUPER 1953 authorization on financing, assets' 12,546,883 9,084,794 1,246,256 Other The the of special meeting in the light of conditions then prevail¬ present intention to recommend a subscription share to provide gross proceeds of $6,000,000." The continuing rapid growth in the company's business was pointed out as being the reason for the raising of new capital at this time, consolidated net premiums written having increased from $22,900,000 in 1948 to approximately $34,250,000 in 1953. Upon completion of this ing, were p. $ $ Federal & will be will Kansas, —V. expenses Wain sh. per stockholders While price 2307. Operating <C authorized 1937. Net outstanding shares 178, p. 2478. Union an holders at 155,594,12 1,025,559,618 1,103,168,387 Mountain States Telephone & Telegraph Operating 100% has Niagara Mohawk, Lawrence energy and Presidential a combined The exported St. substation Sth Lawrence * 2478. p. by E. Financial proposes held. 1953—11 Mos.—1952 $ $ 138,929,528 T. of "Upon rate the and — companies. stock shareowners increased Rattelman, holders Montgomery Ward & Co., Inc.—December Sales Off— Bales 11 _____ I. A, pany $3,400,000 net and C. authorize recently declared a quarterly dividend of common stock or an annual rate of $1.80. been at the annual rate of $1.20 per share. will be paid on March 12 on both the presently shares company will be board of directors company. Its on dividend latest outstanding both the 2308. p. meeting had payments of ___'_ W. the American on The electric Cornwall be plants of of kilowatts, by each company, including the Croft and the holdings of National while National Service share per Previous of and —Plans Stock Financing— $59,000,000. Public Missouri 45 of Croft of 243. p. 178, See 1953 Missouri Public 30, total revenues of $9,000,000 Service Co.'s total revenues Service Gas share held the as 178, National Surety of reported by the two companies were Missouri Public Service $31,600,000 and combined the refunded while Gas Service stock, which is listed Gas and $44,300,000 preferred $44,500,000, In the 12 months ended Nov. reported $1,300,000 The line. distributes Co. from other sources, 1,055,730 shares of common Service basis each Corp.—Exports to Canada— million 1952. value 178, Sales entirely from sales of natural gas. bank loan the combined companies will Stock .Exchange. by gain of $8,500,000, 30%, asset purchase $18,000,000 and long-term now Exchange 27,900,000.—V. —V. the Missouri Public stock for. this which, loan derived were addition In the shares 250 . gas in parts of Missouri, Kansas, Oklahoma and Nebraska including Kansas City. In the 12 months ended Nov. 30, 1953/ Missouri Public Service's revenues were derived 79.6% from electric service, Co.'s facilities on to energy hydroelectric . prop¬ National Shirt Shops of Delaware, Inc.—Sales Off— natural 18.8% The short.y. and the approximately 40% interest being acquired and the other holdings of National Phoenix. Period End. Dec. 31— long-term bonds and preferred stock. The registration statement points out that shortly after the offer¬ ing, Missouri Public Service and Gas Service Co. will be merged into a, single operating unit, subject to necessary regulatory approval. The service areas of the two companies are contiguous and each has the same principal gas supplier—Cities Service Gas Co. Missouri Public Service supplies electricity and gas in the western northern stock Power Commission of chain Jan. on number of Net additional and of Phoenix representatives been.—V. of year —V. all.the stock of Gas Service Co. was $18,000,000 an of company stock for for every three officers As of Dec. 31— Additional funds for the purchase will be obtained initially $32,000,000. from underwriters of group sale of to. approval called National Shares Corp.—Net Asset Value— shares. the exchange an and National Cansi, Stock sales a The form held the of of food release a ord This company has filed with the SEC a registration statement cov¬ ering 527,865 shares of its common stock in preparation for a one for one rights offering to stockholders early in February. Kidder, Peabody Proceeds from and the 100% of the stock of Nedicks, "common stock of Cantrell & Cochrane in have gain Missouri Public Service Co.—To Sell Common Stock- & be business C sents Proceeds for Purchase of Gas Service Co.— scribed subject to the Power maximum a kilowatt-hours of electric energy, annually to the Hydro-Electric Power Commission of Ontario, Can. ' contemplated that the combined corporation will be called the Super Corporation" and that its stock will be listed on the & in 2,790,499 220,043.996 22,614,929 of of export Despite generally declining security markets, record high sales of $47,100,000 during 1953 were reported by National Securities Series 1— income— 106. firms, Mohawk The, Federal 12 directors the namely, B/G is Croft 5,287,259 p. two companies union Jan. on opposite Massena. that officers Drinks the "C $20,014,910 4,658,531 oper. 179, the by Niagara Winslpw, Sears, Net $20,965,105 railway- approved in a and announced National Securities & Research Corp.—Record Sales— 4,797,215 income—. jointly both combined stock 7. p. $21,532,958 railway— the of and 95% American industrial several 3,423,166 oper. ry. —V. service $18,923,498 from from Net of Soft in to to expected companies, composed ferred It railway—- From Jan. Gross completion is rail in the district.—V. 179, 1953 be " i railway——— from Net con¬ RR.—Earnings— November— Gross the two planned Phoenix, immediately and the project 1. This schedule will bring advance corporation, and of of result company will own the assets cash and plant now owned Harry Hines Boulevard to connect with the huge industrial development, line is present will V. Donald entail . launched be completed Brook by 9 will said. branch out union a would this Boston, held. It bring the Industrial, trackage to Hollow Brook ' project the of meetings Phoenix the crossing overpass the Mr. the share one stock railroad for at of Co. worked been corporations National Missouri-Kansas-Texas RR.—Track Development— Construction President Croft plan approved erties " first had stockholders The interested persons until Jan. the bond financing proposal. upon The _ , 2250. —V. Mack, of plans both • giving hearing estimated S. President Monday, January 18, 1954 ... and or be the that will in to in the the 4V4% mature part convertible Federal Power convertible debentures Jan. will l; after shares issued for in January They will be re¬ 1956, with accrued 1964. March into Commission- debentures. be 1, of common stock after option of the holders. debentures proportion of will $4 be of offered to debentures common to each stockholders share of com- Volume 179 tnon stoqk writing Number 5291 outstanding. di the Proceeds The debentures of the plans company subscnoed not debentures would obtain to in under¬ an The part Commonwealth Avenue, ing bank loans, with the remainder being added to the company's cash reserves to be applied against 1954 construction costs, the application states.—V. 119, p. 8. receive -bonds tenders due Oil Co., Washington, D. company covering 1,000 shares share, per for pay Jan. on without drilling, filed 7 of capital stock underwriting. equipment C.—Files With SEC— letter a and notification of to par) (no proceeds The related with the —V. 176, petitive bidding, mortgage issue An of 13 authorized expenses. Gross $60,000,000 announcement made was last of amount the Gailiornia P. the first of U. to issue the Commission, bonds and and to will bonds 1984. The The dated rate coupon proceeds struction be will Dec. will be be program.—V. 178, and 1953 1, fixed applied to will mature competitive by forward carry Feb. ry. be may Trust mortgage exchanged Co. of definitive for York New bonds and on 3% % bonds series that of after Jan. due series 1, 1,954.—\£. 18, Proposal Abandon to Natural Gas A Federal Power Commission subject to handle review in Gas August by to company Texas the Commission, abandon Transmission .. . natural Corp., approving which contract a it which Pan¬ by renders expired to last Nem 31. which the decision becomes 8,405,246 7,811,406 1,726,313 contract, Gas Panhandle Texas had to 1,197,882 contract made Texas feet between in the to of natural systems requires Gas), day to companies, Panhandle per gas of the Montezuma, and Kentucky and Texas Ind. July of 1949 that it would not renew the Texas Gas opposed the proposed aban¬ it when cubic Danville near Gas Panhandle by interest expired, but donment.; Hearings were held before Presiding Examiner Simpson last April, after Panhandle filed an application in December, 1952, request¬ ing an FPC order permitting the abandonment. The decision is subject to review by the Commission, either upon appeal by parties to the proceeding within 20 days or upon the FPC's within motion own decision ; will 10 become days final thereafter. at the If end no review is this of 30-day period.—V. initiated, the 179, and semi-annual N. Y., (Jap. Portland, Me. or Portland S $ 1 Sales 170,619,423 —V. 178, 1,109,483,784 connection bridge between new GIVING the purchase from EARNINGS Feb. on it of. FOR $5,300,000 from Net from Net ry. 13,436,127 11,823,114 4,944,578 8,569,248 5,679,577 4,071,948 from Net from Maine sole sold Net ry. —V. 960,519,733 937,913,569 951,362,793 832,288,252 171,407,053 152,173,795 137,107,193 131,898,323 75,635,544 68,056,661 54,051,903 51,922,342 income oper. 179. 8. 1 p. due July the Terminal and company its share of owner with incidental and November— Gross from Net from Net ry. From Gross Net Jan. Boston and 1950 $791,066 $801,614 $729,853 ♦147,110 ♦109,769 '84,800 *158,069 ♦454,937 *386,080 *306,558 178, 9,339,963 9,775,773 8,578,051 '842,117 income ♦Deficit.—V. *956,024 *712,094 *3,996,512 *3,316,879 *3,726,178 i Maine & 1, the to Outstanding ; . 1961 $5,500,000 3,850,000 — ■— due H. Burr, Rollins M. Bartlett Maine which since ever Clark & 179, has appointment of Robert A. this Mr. Weaver 176, Jan. on is manufacturers V. Weaver, manufacturers company, announced 12 President of by of wide a of the to the board Jr., soda bleached Both by running over tracks owned or leased both railroads have trackage rights, several purchasers below listed by each have ™ Co. — variety 50,000 ■ . Offered— Co. of Indiana, Inc.—Bonds Service of underwriters headed by Halsey, Stuart & Co. Jan. 14 publicly offered $25,000,000 of first mort¬ bonds, series K, 3%%, due Jan. 1, 1948, at 102%% yielding approximately 3.24%. The group won award of this issue on Jan. 12 on a bid of pulps of directors sulphite, and porcelain enamel issue the also Forgan naming & 1953—Month—1952 $6,020,831 178, Co. Petroleum & Co., Service Dallas, Tex., of 6% on and after or PROCEEDS—Of will be the applied the PROCEEDS—The net BUSINESS—The complet $54,519,913 $6,000,882 $54,018,129 to Jan. 4 publicly offered $300,000 of The is company in wells. old an oil The to are techniques pressure new company their Gross is oil be for used larger business Pine of in gas specialist fracturing wells divisions and are oil to in located hy¬ formations assist in in the Abilene, Shares Net for the mortgage used at —V. licensee of Stanolind Oil & Gas 31— year 1953 assets 178, p. value per 1952 from Net ry. From Gross shr. to railway Jan. from from Net ry. $4,531,840 $2,918,386 380,505 316,485 218,957 $14.60 $15 35 $14.32 $13.33 income— railway____ railway. p. in Indiana. 179, bank loan notes 4,160,274 51,435,619 41,912,218 4,329,352 3,839,522 46,572,446 37,149,240 178, income™ areas located in 70 The territory is resi¬ 1952 1951 1950 $4,466,633 $3,842,484 $3,419,864 438,250 1,201,482 191,384 356,668 1,102,920 1,097,955 338,391 394,717 and 41,342.828 45,108,118 37,986,592 10 236,052 6,870,315 5,799,110 7,443,771 12,929,868 9,147,943 6,295,423 6,821,600 on sell at Jan. fered at used be 25 has applied 8, or series E, 1954,—V. 177, Feb. due to pay to the SEC $12,500,000 p. on Jan. 2012. filed 4 1, a Mont.—Files With SEC letter of 100,000 shares of common stock cents bidding competitive 1984. Net proceeds will reimburse the company for a part of the cost of and extensions. Such expenditures are estimated corporation per without share, for general office from it be up 15 equal equipment Southern from Net from Net ry. p. 108. 5,231,514 5,097,727 1,952,279 6,998,054 3,508,865 income oper. 1950 1951 1952 1953 $22,215,393 $22,518,426 $21,752,371 $21,792,921 railway 4,157,759 7,351,834 3,277,201 1— from 252,358,917 246,669,595 237,088,248 213,281,370 railway 72,986,011 31,589,9o2 80,322,805 income™ oper. 178, 179, $12,880,000,—V. Ry.—Earnings— railway From Jan. Gross less than not costing November— Gross 165 Broadway, at Room 2117, the company by to noon (EST) on Jan. 28 for tile purcnase equipment trust certiiicaies, series MM, to annual instalments, and to be secured by new Y.f N. $9,660,000 in railroad received 6, of mature 37,619,307 59,984,447 23,376,873 59,539,950 26,639,689 2577. p. Southern Union Gas Co.—Offering to Stockholders— The subscription Dec. pected to This stock.—V. 1953 on a represents p. 2479. 178, $3.83 shaie for to be offered per Union Gas Co. common stocknoldcrs of share-ior-share basis. Warrants were ex¬ Southern mailed on Jan. be offering price of a stock of Aztec Oh & Gas Co. common by 28, announced recently company 2,017,801 shares of Southwestern 1954 15, Southern and to expire on Feb. Union's entire holdings Co. Development — To 8. of Aztec Distribute Its Assets— A special meeting of stockholders the distribution of the will be held Feb. 15, 1954 to assets under the recently company's adopted plan of consolidation, it was announced on Jan.1 11 Baird, by George President. consolidation natural gas producing, processing and distributing business heretofore carried on by six subsidiaries of Southwestern, will be conducted by Pioneer Natural Gas Co. and one subsidiary—Amarillo Oil Co. Since the two companies will operate al¬ most wholly within the State of Texas, they will not be subject to tlie authority of the Federal Power Commission, it was stated. Under As will of the result a Dec. on of of the plan, Southwesterii's only Gas distributed be two. shares plan, consolidation the 1953, 24, Natural consisting of Co., to for each one approved by the SEC stockholders Southwestern present Pioneer as asset is the capital stock of 1,455,514 shares. These shares of the on the basis 727,757 shares of South¬ stock of Pioneer Natural have a par value of $7.50 against the $5 par value of The exchange of stock, according to the not.ee to stock¬ been western Gas Sales —V. 178, has shares of 769,722 ry. From Gross RR.- expected company that on ry. & company first pay Jan. Net ry. Gross Net $447,371 $463,626 $462,482 —V. 178, 48,668 26,199 from those of sale of $12,000,000 to private investors to help 179, p. 108. *853 *23,714 5,413,162 5,214,081 495,935 419,952 415,704 376,773 *67,066 ♦97,744 *145,851 *171,755 income 178, p. 2309. Quarter Ended Nov. 30— from sale of goods Income 1951 1950 $324,014 156,994 $230,099 270,667 expense closing for Provision 227,630 117,639 6,409 4,170,178 2,128.605 1,150,079 3,048,289 3,228,163 2,911,975 1,053.564 1.211,079 795,046 1.14V24 p. 2309. 644,799 — depreciation Net and income 15130,924 49,694 ^0,0°? 651,293 „ ----- 32,144 tax 458,970 profit ♦No income $341,351 55,719 admin, expenses 9,539,840 Cr85,80O $203,488 t$144,818 56,341 13,852 income— 4,103,123 376,732 income from Mill 1952 1953 $4,821,205 $10,010,210 operations from Deductions 1952 $431,348 1— 178, advertising and Profit -Earnings— Off—Earnings Up— and services goods and services Cost of Selling, $183,411 *14,717 railway $146,042,612 10. p. Standard Milling Co.—Sales 1953 ♦Deficit—V. $18,070,509 $19,690,224 $134,006,441 *53,478 5,211,543 24,747 I railway oper. Decreased— 1953—12 Mos.—1952 1953—Month—1952 3,228 4,647,682 railway railway Jan. ry. the SEC to be offered Dillon, Read principal underwriter. (& Subs.)—December Sales sales railway oper. Net investment Co.—Registers With SEC add the proceeds to 3.65% bonds, due 1984, End. Dec. 31— Per 1950 1— from Net of 12 filed a registration statement with for construction.—V. 87,731 from from number a course will mortgage $437,798 railway oper. Net due has been named as Inc. Co. The of 1951 November— Gross in new common stock (par Sl> first to shareholders of record Feb. 1 on a l-for-14 basis. $22,438,712 Revenue Oil Corp. balance being distributed to shares of 272.500 1952 income Jan. Net the including Southwestern Public Service The 1953 railway oper. from Internal Sinclair the Pioneer stock will be placed1 on a quarterly dividend basis. Southwestern Development Co., which will be dissolved following distribution of its assets, paid dividends semi-annnaully, and recently raised the semi-annual rale to $1 a share from 75c a share paid previously. See also V. 179, p. 10. is It Earnings— railway from Net Federal the Southwestern, Pioneer, stockholders, other 1,200 Spiegel, Inc. from by shares of 2309. p. Rutland from tax-free 384,861 of owner receive about ruled common new i the covering 1953—12 Mos.—1952 $4,771,119 $23,270,932 $4,657,499 will notification with the 10 cents) to be of¬ The proceeds are Inc.—Sales Off— 1953—Month—1952 will Co. The outstanding. firms. (par and mining expenses. now Service. underwriting. Rose's 5, 10 & 25-Cent Stores, Period Ended Dec. 31— From 2200. will York New Southwestern. Oklahoma—Financing Plans— Sacramento Northern Ry. Earnings— $3,365,676 45.942,433 2577. p. Southern Pacific Co.—Bids for Certificates— Pioneer 9. p. Radon Research Corp., Boulder, The SEC covering ♦Deficit.—V. 1— oper. 178, pay issue bonds, additions Net 1950 $5,839,612 1953 railway oper. Net —V. 1951 426,489 Pittsburgh & Lake Erie RR.- from 102.72%. diversified industrially. Among Haute, Kokomo, Lafayette, New Terre are November— 2479. $6,226,675 November— Net Net Co., 178, p. 1572. Gross at program. of widely announced was to $22,600,000 for fracturing patents. ended Sept. 30, 1953 amounted to $332,- totaling $25,704.—V. outstanding asset served it company, property formation Street Fund, Inc.—Total Assets Rise— Dec. net State and outstanding of electricity furnishes the in Bloomington.—V. authorization Net As cities and first Gross Total beginning capital. working engineering used and two non-exclusive a hydraulic oil with net income 639, prices construction its agricultural to proceeds production on at 1955 repayment the to counties 92 1, proceeds from the sale of the bonds, $15,000,000 Public Service Co. of Offered—Garrett Inc.—Debentures on and Newcastle, Wyo. Tex., for oil sand increase 2,799,738 holders, the be 1953—12 Mos.—1952 and accrued interest. to & Co., coupon. May the balance Albany of convertible debentures, due Dec. 31, 1963, at 100% draulic by' Kuhn, by Blyth the option of redeeming bonds at prices beginning for sinking fund purposes only they may be re¬ 2308. p. 101.96 company has 105.63%, for —V. were: Corp.; 3% % a 102.084 Loeb & Co.; Inc.; 101.9199 and 101.869 by Harriman Ripley & Co., Inc.; by First Boston deemed products.— Peoples Drug Stores, Inc.—December Sales Up— 4,214,626 4,737,716 As Sales taxes__ operating income after charges authorize for bids by Glore, This Period Ended Dec. 31— income taxes_ for H. of 24,757,676 operating $ $ 32,924,207 394,379,420 349,480,480 22,669,746 266,956,675 246,021,023 3,708,042 45,702,038 35,253,024 2,386,145 30,285,088 26,294,215 36,509,756 expenses Federal Co.—Earnings— $ $ revenues Operating 50,000 ' Co and accrued interest, The Off 1953—11 Mos.—1952 1953—Month—1952 * Operating gage all Western %nd Southern Bell Telephone & Telegraph 250,000 150,000 100,000 - ™~ Inc A group 57. p. p. Period End. Nov. 30— record Public Clapp, 2nd, President. Bettinger Corp. of Waltham, Mass., Eugene 178, —V. the been Maine Central RR. railroads get into Portland, South of Inc Co., 108. p. dential, The was York New 1963—1400*1^-1952 1953—11 Mos.—1952 $372,727,204 $390,870,412 $2,941,363,927 $2,863,410,935 2309.; ' ' * stock. capital facility joint a Co & Securities 101.9799 843,074 Per End. Dec. 31— Sales— —V. $400,000 Co. & Gilman on a - 89,497 12,000 shs. Inc & Payson H. military opera¬ November were reveque last total of oceans of- 1952, quar¬ i Terminal of as RR. which over BUSINESS—Company of between from, railway of Penobscot Chemical Fibre Co.—New Director— pay transatlantic? Propeer ry. & and ♦3,750,144 to in 4t,285 hqurs. , the Airtjrqder fleet logged November of —V. *1,557,735 2478. p. end crossings. Net *393,821 9,421,058 railway used be to are had chalked up 4,837 ipl-freignt airline,- Seaboard Europe, and serves as a prime., contractor tp. the h- S. Air Force on flights across the widBaciflc and nqrth&rjq Pacific a4r routes.—V, 178, p. 16.71, By. the ocean Net at railway.. oper. ry. 1951 $743,881 income being Pa.Qiflp apd xpqntp saoi,e Net Central issue operated Westbrook Terminal, Other 1— from from Net railway railway oper. 1952 of reported that commercial and has Atlantic the severally and not jointly to purchase from the company the principal amount of the bonds set opposite their respective names: Seashore Lines—Earnings— 1953 proceeds well. The development FINANCING 102.09%. Pennsylvania Reading the over miles High* Other PRESENT TO was Maine to entire is UNDERWRITERS—The Inc., railway railway stock Sears, Roebuck 4*. <?©,—©ecerqbqr Sales 1950 1951 19,024,953 From Jan. 1— Gross of Commission— letter of notification with the SEC to be oifered at par ($1 per- a common underwriting. corporation across 6J,% up Bids —V. MONTHS 11 1952 for certificates. trust FIRST Pa., 12,521,672 income tions - originally incorporated Feb. 24, 1887, as Portland Union Railway Station Co. for the purpose of constructing and operating a union passenger station serving Maine Central RR. and Boston & Maine RR. passenger trains in and out of Portland, Me. Maine Central and Boston and Maine each originally held one-half of the capital stock of the Terminal, but in October, 1911, Boston and $79,543,692 $92,401,271 $87,622,815 $83,048,783 railway oper. AND 1953 railway Philadelphia, in equipment NOVEMBER November— Gross bids receive 3 without filed 28 of be. redeam- not those cities. EFFECT due July 1, 1961 instalment payments contracts, BUSINESS—The Chas. will company will The bonds terly at various dates 1954-1956 Capital stock ($100 par) Blair, Pennsylvania RR.—To Sell Equipment Trust Ctfs.— The Dec. on continuation This payable at 1), agreed 1,079,256,505 * Co., Bismarck, N. D.—■ Development shares Coffin 168,042.030 2478. p. $ July qjid ' Equipment -1952 $ $ 6,000 share), for from the: sale of the bonds, in made of the First mortgage 4%. bonds First mortgage 5% bonds the 1953—12 Mos. Oil by the Interstate Commerce Commission. CAPITALIZATION Portland 1953—Month—1952 -Month—1952 company operates Interest ^ South Co. (J. C.) Penney Co.—December Sales Increased- 2309. p. covering Offered—A public of¬ Co.—Bonds -■ The Period End. Dec. 31— 57,427,000 24,121,838 10,619,582 2309. I construction 107. p. 9,982,070 11,900,857 Files With Securities and Exchange 7,768,757 1,786,676 1,274,410 1,116,237 • into in million 18 connections being notified entered 29,518,003 income oper. The together with funds from the treasury of; the company, will be used to pay without premium an unsecured bank loan: of $1,000,000 due April 1, 1954. Such loan was obtained by the company to finance > temporarily the capital expenditures required for improvements and additions to the yard, track and signal installations of the company in the cities of Portland final. (predecessor deliver at Gas deliveries originally Corp. 25,479,095 Schoonover 126,292 8,035,326 1,462,076 1,331,532 .. The Natural 67,079,691 railway railway 178, 1,276,816 67,054,159 1— 105,670 2,020,496 income York, s and The decision, filed by Presiding Examiner Ewing G. Simpson, permits Panhandle to abandon the service effective two months from the date upon 84,240 139,042 PROCEEDS—The proceeds , proposal a service gas under 136,585 $765,628 193,795 railway. p. thorization to decision, a $707,872 112,332 $690,924 211,484 748,816 $5,778,309 2,757,423 681,355 1950 - The payment of the bonds, principal and interest, will be guaranteed by the Maine Central RR. Co;1 by endorsement on each bond. The issuance, guaranty and sale-of these bonds are subject to au¬ ■ Presiding Examiner has filed from ry. 2,611,128 $5,854,504 2,561,039 696,567 63,762,478 24,626,U74 8,087,693 1,680,915 income oper. from 1950 1951 1952 $6,008,229 railway From Jan. Gross —V. 1951 1952 $671,250 railway 178, able, 2576. p. Service Texas Gas Transmission Corp.— ry. to • Panhandle Eastern Pipe Line Co.—FPC Examiner Ap-. proves Net an 25). at the option of the. holder, at the office or agency, of the copipany. or, - Guaranty 178, to not (Jan. the principal office of New England Trust Co,, trustee, Boston, Mass., ^ 19*2, 1, at acceptance of fering of $1,000,000 first mortgage 4% boncjls dated July 1, 1911 and due July 1, 1961 was made on Jan. 12 at 99.68% and accrued interest from Jan. 1, 1954 by Coffin & Burr, Inc., and associates. ■ • ' ' ' con¬ -'t Sept. fund prices at $70,305 from -Earnings— 1953 $5,605,384 railway Seaboard & Western Airlines Inc.—Traffic Increases— -• company's Pacific Pow«r & Light C®.—Definitive Bonds— first sinking the of of date from Net 1—. oper. Principal TempoB%ry to 1953 Portland Terminal 2*78. p. first sum Gross on Net income Jan. from —V. 16. Dec. on 5% " November— Fourth 312 Jan. 22, 1954 mortgage sinking fund (EST) p.m. week bidding. the 3 account the interest railway from Net statement on of the exhaust accrued railway..: oper. Net Under pres¬ plans the company expects to receive bids for this issue The Gross market filed last was covering the offering will be filed with the SEC this Week. ent at com¬ refunding registration a from From sale, intention company's it trustee, Pittsburgh, 1567. p. from Net ry. month. application for authority with face and Issuance the for 1970, to and to of until Pittsburgh & West Virginia Ry.—Earnings— bonds. Preliminary this Jan. on 1, sale November— Net directors the will Net Pacific Gas & Electric Co.—To Sell Bonds— The Jan. 100% Co. Pa., SEC offered at $100 to be used to be are for sufficient exceed Ozel Trust Pittsburgh 30, amount The St. Louis Southwestern Ry. Pittsburgh Rys. Co.—Tenders Invited— stocKnoiders. to pay outstand¬ by ior used be 7 (207) The Commercial and Financial Chronicle ... provision income for disposition Mill V. and 178, of before p. - income tax is required in that operating the first six months does not exceed the estimated loss on for Federal machinery, and equipment at operating loss carryover from 1821. the Kansas City Flour previous years. tLoss.— The Commercial and Financial Chronicle... Monday, January 18, * (208) B Oil Standard notice A in .said The Petroleum Corp. Creole of 13 Jan. Oil "Standard Oil's wishes Jerseyi 'New Co. additional Sandard approximately acquire to and shares of Creole Petroleum Corp. <-'aPltal stock so ownership will exceed 05 %, in order that Creole Federal income tax returns es presently permitted by law. Standard Oil has recently acquired certain additional shares of Creole at $90 per share and now holds 94V2 % "Standard Oil inviting is therefore $90 tenders at of Gross from' Net ry. Gross Ctex City Mining small A than operation mining claims Buck the for $100,000 worth and Frazer Mr. been has three last uranium of has and been at on is it of one member a Other the Corp., directors Board; Salt board Lake D. Joseph W. Gearhart, Utah, Frazer, his Otis, investment banker; Lucien and Cullen H. Chairman Houston, of uranium All has which produced being is purchased by price which will government is now receiving ore from this 19 miles from the Big Buck claims, via structed guaranteed the by the U. area good road recently 250,921 82,927 105,412 5,142,859 939,217 827,682 2619. share. It quickly completed. was V. — of America (Wash.)—Stock Concurrently, the shares of Offered— accrhed of and unpaid of shares $2.40 in the accrued offered per the rate and working con¬ sales to issued, $2.40 net unpaid preferred share aggregate of capital, to common Cross from will $51,987.50 of will also permitting Dec. at be 31, 1953. holders will Net frOm Net ry. Net from Net ry. * Common $267,772 $329,926 $270,514 The 29,423 *8,002 49,031 *1,031 "29,782 Income "67,307 *11,004 *50,224 1— Jan. from Cross 1950 railway— oper. From railway- railway.. Deficit.—V. 3,291,916 3,385,913 2,646,666 333,313 178, 363,213 343,350 43,204 "327,206 income— oper. "306,612 240,093 *477,928 2577. p. stock share per PeiiodEnd. Dec. 31— Net sales —V. stock annually The 1953—Month—1952 178, The used of to the and expansion EFFECT pay remainder engineering, PRESENT TO is added to at years FINANCING Corp. The £>EC covering offered to be at for of manufactures trade the of notification stock (par cents) 20 be to and The net proceeds are general corporate purposes. other artificial "Pura-Tex which compound simulates Corp. its nnd earphone developed applications national equipment. electro-acoustical The Earset be can wnd is used single-phone a for stock at granted $2.50 15, moved its plant were in 1, aids weighing only '/a ounce and monitoring, multiple listening many other hearing applications where frequency response runs from 50 to 4,000 listening at .3 milliwatts input. Its hearing headset a cycles is required, gives com¬ and Net from Net ry. 1950 $481,629 $409,747 98,156 153,780 130,654 65,391 29,548 53,949 63,101 7,688 railway income— 1— from from Net ry. 4,743,507 4.985,236 4.785,955 4,333,259 1,055,595 1,290,047 1,083,419 to Pueblo, State 365,178 474,084 430,541 scrap a has which the manufacture event more sub-let purchased from buildings, having all of of the division ingot foundry is capable is sales $2,562,044 288,887 taxes income tax^s 282.534 Special (est.) 170.42$ ♦Earned per •'After Stock $136,562 311,804 121,052 shares share—. common preferred split in $0.36 dividend requirements. 1953.—V. 178, p. February, tax New Orleans & November— Cross ry. railway railway from Net From Jan. Cross Net ry. railway railway from —V. 1— from Net 1165. the 178, is 1952 1951 135,478,034 127,436.605 39:741,705 12.328,663 31.325,594 116.568,835 31,362,361 8,902,203 square week. per 600,000 The Gross its at $3,210,065 $4,056,608 auxiliary equipment scheduled have a the for - Y ry. 86.036 begin of the with soon, year, capacity of 10,000 barrels a construction Mr. Hyde day of completion The plant will added. high octane ponents. gasoline com¬ Prom 51,500 43 000 *32,648 This top combination quality year while unit aviation is fuel the future can be A by-product source owned C. the Mr. process This will to meet be Braun Co. contract Products Co. of of Alhambra, under Des retained license Calif., production demands • •_ $149,305 special excess of of ratings and has used at 178, been p. as the gas items an with 2202. additional adjoining awarded the sub¬ the plant con¬ Universal 11,660,851 8,320,113 7,866,628 the 15 announced weaving & —V. 179, $47,168 $190,139 The possible the Furthermore, blended for Federal largest of During mately time V. for the railway— $44,878,322 taxes on provision No of 19 % more 1953, miles, 13%; with 867,000, down shares 12,200,501 12,401,148 3,276,570 3,692,412 3,965,624 488,063,320 471,200.805 460,477,811 Wellington profit Net of and $53,740,800 They represented an 1952, in the outstanding in the hands high of 14,064,296 all-time an the 11,794,699 shares outstand¬ added Fund month 117,000 to shareholders at the bring the total with compared as at 96,000 rate the of approxi¬ all- year-end to an close of 1952.— the at Western Auto Supply C«. (Mo.)—Sales Decline— 178, 1953—Month—1952 1953—12 Mos.—1952 $178,297,000 $171,309,000 $16,934,000 $18,631,000 2354. p. Western Maryland Ry.—Earnings— Period End. Nov. 30— 1953—11 Mos.—1952 1953—Month—1952 operating revenues. $4,179,4*24 $4,415,255 Ry. operating expenses. 2,897,569 2,811,914 Net Net ry. —V. fr. rev. $1,281,855 income— oper. 178, oper. 841,033 ry. $46.94.7,113 $43,286,905 30,615,291 30,472,925 $1,603,341 $16,474,188 $12,671,614 955,235 9,988,166 7,827,558 2480. p. Western Ry. of Alabama—EarningsGross from Net from Net ry. Net Jan. from from Net ry. —V. 1952 1951 1950 $383,674 $381,119 $431,369 69,542 98,163 145.119 133,0531 income:— oper. From Gross 1953 $417,829 railway____ railway 62,314 31,329 33,044 70,880 4.403,160 4,292,365 4,172,907 3,932,365 1— railway railway 1,055,600 income. oper. 178, 985,583 916.425 941,248 434,9321 495,436 325,437 394,711 2620. P. in 111,850,497 The SEC $20,191,669 $22,811,163 $2,632,635 1882. p. corporation covering $10 expansion Jan, on 4,500 share, per Gross from from Net without of 26,880,583 according to and an Passengei!' Traffic— estimated Assistant to December, of (including 1952, 12%. first United Freight class), released President. flew ton up by ry. 179, p. 1953 the with offered used be to are be 1951 1952 1950 $2,641,077 $2,846,527 $2,523,175 670,545 613,493 803,153 23,044 178,810 336,430 399,642 29,716,450 28.616,508 28,653,524 27,254,371 7,072,763 6,182,278 5,701,972 7,861.951 2,912,534 2,546,497 2,233,221 3,503,963 1— • railway income— oper. 1 109. p. (F. W.) Wool worth Co.—December Sales Off— Per. End. Dec. 31— for $121,959,072 $122,510,214 178, miles, 1 action an laws. The in RCA's States and express, in was and others form the originally 1948, claims loss and of filed S. District Court in triple damages of violations for in Chicago, subsidiary, manufacturing motion a against alleged which Federal the the from the anti¬ for amended an Rauland patent and counter¬ Zenith by RCA infringement. damage suffered to its business as a result of setting up with others an illegal patent monopoly in the United and foreign countries; operating a world-wide cartel in elec¬ tronics and dominate to and to divide 49. tube $16,000,000 ' suit a U. the . December, air¬ in its and of America action claim in 8 Jan. on demanded Corp., Corp. trust filed corporation this 2,699.000, revenue totaled $713,868,427 $712,608,630 2620. p. Zenith Radio Corp.—Sues for Damages— In E. the 1953—12 Mos.—1952 1953—Month—1952 Sales Zenith 1%-; proceeds The to par) 151,879 railway 179, Radio R. During passenger 7,119,000 miles $2,5$1,000, record company figures the (no capital. working income— Jan. Rauland all-time C.—Files— notification of stock $2,350,814 railway- from from 37,019,541 set letter a common underwriting. and program filed 11 shares railway oper. ry. From Gross 116,085,828 28,418,359 December 39%.—V. 1953—12 Mos.—1952 1953—Month—1952 $2,135,549 178, markets and patents monopolize the entire throughout the world; patent licensing in the • electronics and conspiring to United States and industry monop¬ foreign countries. (& Subs.)—Earnings— Zenith that claims loss and damage suffered to its business as a 1953 1952 $3,683,503 $4,711,129 income 90,462 517,161 from taxes 38,869 364,897 $51,593 before and state taxes Earnings per —V. p. share 109. on income profit 179, sales record to $50,987,700 of Fund leached 413.855,288 117,392,205 28,781,134 $152,264 royalties under "illegal and unenforceable" patent claims; and for attd'rney's fees occasioned by various patent infringement claims brought by RCA. For this loss, Zenith has asked for triple damages, $0.32 $0.95 sales Federal history. sales gross 1953 Per. End. Dec. 31— $44,550,577 $44,539,858 $41,188,534 11,764,697 United Specialties Co. Net reported 7 1952. the a Sales— —V. 2067. "amounted said, 25-year the of 31, olize Net p. Record Year— a 1950 122,064,125 increase an mail two 2480. p. Net 1951 company operated 213,384,000 revenue than the like period a year ago. Compared up the 176, Jan. on he Fund's over Dec. on high of 178, 49. traffic, the in yarn higher a year." 1,800 Net 4,114,237 income— Vice-President month, <Jf with ,the 1953. year," the in $2,753,100 public —V. 1952 United Air Lines. Inc.—Record Johnson1, adding integral an other. The re¬ uniformity and different colors can by of alternately.—V. Vice-President, shares ing at the close of —V. corporation strands two for yarns is it as Machine. Weaving use makes yarns functions it strand increase of 2,269,597 shares over an 111., The to one which unit equipment. unit," Swasey-Sulzer it alternating for number the for Net 13,020.235 railway p. $180,314,009 Wisconsin Central Ry.—Earnings— 1— oper. mix new a machine "filling a of Fund previous for prior year is in excess of a provision 1953 income— from from ry. 1953—12 Mos.—1952 $181,114,666 i RR.—Earnings— modern in 17,684,691 7,713,215 1953—Month—1952 makes be sales the were Drl4,000 $50,669 to the special items indicated. profits tax.—V. 178, p. 2619. 3 Months Ended Nov. 30— sulphide arrangements Plaines, 111.—V. the hydrogen supply in making sulphuric acid jointly with Monsanto Chemical Co. F. the Hyde explained. will be of struction Oil of quantities. increase grade motor gasoline with octane manufactured high compression engines," stantial to by hundreds of thousands of barrels per making available other high actane com¬ simultaneously ponents from which premium of designed 15,014,705 Willielmina Adams, Inc., Washington, D. j Crl8,132 railway— Jan, Net plane ' 646,103 29,969,314 6,723,961 Jan. on Wilkins, increase best 222,787 48,000 railway. oper. passenger platforming plant and will end H by 880,062 43,170,636 $1,864,170 102,169 be attributed for from Net plans to build a new multi-million dollar oil processing Avon, Calif., refinery to increase its capacity to produce grade motor fuels, it was announced on Jan 12 Hyde, Vice-President of Manufacturing. Western Division Site-clearing for building the new hydrobon 951,076 40,473,686 Swasey Co.—Adds New Unit— blending of cloth. J. —V. This company unit '592,279 Sales Calendar Years—— operating loss carry-over of from Net Net premium 1,104,128 Period End. Dec. 31— 197.305 —__ Union Pacific Gross Tide Water Associated Oil Co.—To Build Multi-Million Dollar Oil Unit— 1,789,384 pounds 1950 November— 11,602,806 2619. p. The 29-acre of'125,000 prior before may required 1950 $2,995,128 1,794.874 November— 1950 38,771,509 11,138,125 income income MONTHS 1951 11,286,279 machine, "Gross for sales 1951 income.. (19501 net 11 for $2,052,892 income FIRST 1952 $4,473,479 November— Net AND 35,002,531 textile unit new process A, at tax & diesel $5,305,931 2354. of Wellington EARNINGS ______ 2-for-l 134,250,441 income oper. facilities t$0.54 for $11,415,837 $12,434,314 $13,088,276 $11,643,344 3,115,606 3,797,274 4,441.021 3,299,031 916,277 1,192,718 1,599,500 1,278,942 income... oper. OF depreciation. come a Wellington Fund, Inc.—1953 Ry. aluminum of items; *As t Adjusted RR.—Earnings— 1953 from Net this reg¬ 1952 „ in finance 682,041 technically the Warner of quality Federal on help 109 p. line The products. space Additional Federal in¬ the Texas and castings of producing approximately _____ Reduction 145,972 $118,461 tax & White's Auto Stores, Inc.—December Sales Off- ____., before income 1952 Dick Parker Co.; $3,967,001 income___ company its month. per to $20,213,310 $20,544,978 part Vance ■ sale 100,000 over COMPARATIVE STATEMENT Federal income common and Its Joseph • suppliers floor total a & Auchincloss, and plant operates. 1415 seven years to run at an annual rental of the company has renewal privilege for 40 additional years negotiated at the end of the current lease, but in no than $20,000 per year. The company may at any time or any portion of the facility. Capacity Income 1953 income of the 1949 now at be years Net Number in it is present lease has to $3,832,336 and "Triplex as for are 99.626. bid $2,950,995 income— p. 178, Called years outboards and stationary engines. It production of its requirements of alumi¬ for and 99.38 Co. 1— Warner & the successful City of Pueblo. ten The rent Net (& Subs.)—Earnings— sales state 111. 9 Mos. End. Texas Industries, Inc. Federal, shares aluminum, a foundry for production of piston machining and finishing castings, fitting plant pins 478,626 6 Months Ended Nov.30— before John for five " in Stearns and 1953 oper. 179, —V. period of 15,000 upon running Wash. 178, p. 2577. Income purchase Washington where Washington Sept. 30,*53 Net in Chicago, ColOi, of bid & Walgreen Co.—December Sales Off— 1,096,121 income.— oper. the an corpora¬ company has in excess of 1,000 accounts and had net nine-month period ended Sept. 30, 1953, of $2,052,892. properties are under lease from the smelter railway— railway to The the at $503,081 the whereunder inspection, packing, storing and shipping of finished feet. 1951 granted of for runs period incorporated business smelter own and wrist $10,000 and 1952 $434,438 Jan. Net —V. railway oper. From Cross 1953 stock share contingent The Tennessee Central Ry.—Earnings— from its ingots from steel area Gross of 1 trucks, operates num fortable November— option option Co.; NOVEMBER Per. End. Dec. 31— cents July 2, 1934. On April 10, 1937, it changed "Triplex Corp. of America" and the company company is engaged pistons for automobiles, Earset, the of FOR railway railway from ry. 1953. to the Seattle been provision a Bear, are: & used railway Jan. Net common Nov. on and moved oifice This option an per was to name has common contains underwriting, Dec. Washington" castings radio . with manufacturer headset transcription, possible are this by the on payable 1953. The Telex, Inc., St. Paul, Minn.—New DevelopmentUnlimited share 20,795 shs. rate of 50 declared per director, a share. per 5, be the corporate business be railway__^„ oper. Net of agreement to after of will from —V. at Lord, Inc. Rollins 225,000 shs. be may cents convertible BUSINESS—Company istered Stone," is of and Building, recently 50 10,000 shares of the Oct, Inc., completion the with from common from underwriting. an of name letter a common without working capital the Point Pleasant, N. J.— Exchange Commission— filed 7 shares share, per company under Jan. on 99,000 $3 used -The ■stone of America, Inc., Securities and corporation dividends Bertram underwriting Lewis, of Stone ry. From Gross sultant Outstanding entitle^ to dividends at the is price of $2.50 a The R. Files With Net and research Authorized 25,000 shs, $10)— payable Co. purchase. from remaining any 300,000 shs. (par is stock to purchase five 2577, p. Net No any time at the option of the holder into two shares of common stock. It is callable upon 30 days' notice at $10.20 per share and is entitled to $10 per share in the event of liquidation. Upon the completion of this offering or shortly thereafter there will be no back dividends accrued and tion 1953—10 Mos.—1952 $1,952,196 $13,115,439 $14,284,433 group Struthers proceeds from weaving before dividend year. option the of Wood, EARNINGS unpaid. $1,692,570 ——_ net The be $1). OPTIONS—Royal Sterchi Bros. Stores, Inc.—December Sales Off— members locomotive to to are dividends GIVING stock (par preferred stock. each 3,173,062 The receive < preferred cum. 1951 $280,331 railway Other coupon, Halsey, Stuart & Hutzler 99.227; while Blair, & coupon. Merle-Smith; dividends accrued cover as , 5% 1952 same Bros. 2%%: a Sales stockholders and but in lieu thereof proceeds divisions. 1953 bid of 99.53. a the Redpath. share. per preferred CAPITALIZATION Ry.—Earnings— on For dividends, ■ Staten Island Rapid Transit November— 13 Salomon 178, company is offering 21,661 stock to preferred stock¬ common payment 21,661 at public, subject to approval by the Interstate November— Corp. $2,352,933 Commerce Commission, an issue of $4,200,000 2%% equipment trust certificates at prices to yield from 1.85% for Feb. 1, 1955 maturities to 2.90% for maturities of Feb. 1, 1969. The issue was awarded to the group Jan. 2,238,633 874,828 PROCEEDS—The stated, announcement 219,685 129,861 , fractional shares will be Government, S. 338.718 59,243 2,526,080 in rate cash through 1962. The at Monticeilo, Utah, last" a government, the 218,182 896,163 amounting Texas ) oil man. $502,011 2,904.329 share. the Ralph Bowman K. $546,772 income— per The of Vics-President; and $682,726 6,219,726 2,428,194 p. $2,609,888 $728,455 Virginian Ry.—Equipment Trust Certificates Offered —Kidder, Peabody & Co. and associates on Jan. 14 of¬ and any shares not accepted by them may also be pub->" licly offered by the underwriter at the same price. Utex in partner President Gearhart of Houston, Texas City, will as $629,923 ' '1953—5 Mos.—1952 1953—Month—1952 $794,990 1882. p. fered to the 1950 6,410,423 holders McCormick. are: Fred directors of p. 1951 7,229,043 additional in William Frank Crerie of ©f the of Corp., Mining 178, John R, Lewis, Inc., Seattle, Wash., on Jan. 4 offered publicly 54,115 shares of common stock (par $1) at $2.40 more Uranium Standard Y.—V. Gross out. taken through associates, Trust 391, 178, 100% Guaranty the —V. 2097. p. drilling to prove more of the claims and the exploratory drilling should be completed in six to eight weeks. Mr. Steen is a 15% stockholder in Standard Uranium Co. and will fce 178, per his $100,000 spending ere N. at 1952 income oper. cents Big the that estimated at York, 1965) 1953 1— Triplex going months made 15, railway— railway from ry. Steen's company. Mr. Corp., be 1954, $44,500 gold bonds, 7% Transcontinental Gas Pipe Line Corp.—Secondary Of¬ fering—A secondary offering of 5,000 shares of common stock (par 50 cents) was made on Jan. 5 by Blyth & Co., Inc. at $22.87lk per share, with a dealer's discount of 35 (Texas) Houston and 15, fund March Virginia Dare Stores Corp.—December Sales Up— Period End. Dec. 31— Sales for businessmen are associated with him in the uranium company, which has, purchased an option to buy for $2,000,000 the Big Buck claims in San Juan County, Utah, ©wned by Charles Steen, the 33-year-old "Rags to Riches" uranium geologist and his original backer, William McCormick of Dove Creek, Colo. There are 15 claims aadjacent to the claims owned by the Lake to New Broadway, from —V. co-founder of the Kaiser-Frazer Corp., on ^ran. 14 announced his resignation as a director and Vice-Chairman of the Kaiser Motors Corp. and said he would devote his time to the Standard Uranium Corp., newly formed to develop uranium deposits In the Utah area of the Colorado Plateau. A group of New York, Bait will March on sinking (extended Payment 140 railway— oper. Net Frazer, W. division) 1955 railway From Jan. Net Joseph York, from Net based on record Deposits— Standard Uranium Corp.—To Develop 15, interest. New (Toho Denryoku Kabushiki redemption (Kansai March November— share on or per prior to Jan. 22, 1954, from shareholders of Creole,! ownership on Dec. 30, 1953,"—V. 178, p. 2577. mortgage due for Toledo, Peoria & Western RR.—Earnings— shares. outstanding the of about A, accrued Co. included if desired in consolidated be tnay first series Co. Redemption— has called company its of part: 125,000 that Power Kaisha)—Partial shareholders the to Electric Toho ,to Purchase (New Jersey)—Offers Co. More Creole Shares— 1954 result loss of illegal Zenith the amounting ages more add $2,700,000 amounts sustained was Canadian to charged, acts says, market; from to more than Zenith's being the coerced $4,450,000. illegally payment $13,300,000. Rauland claims for this total.—V. 178, p. 1515. than to from to This excluded RCA of triple dam¬ f Volume 179 Number 5291... The Commercial and Financial Chronicle When Per DIVIDENDS Name Dividend announcements tables. In nounced the first are grouped in two separate indicate all the dividends an¬ we during the current week. Then we follow with show the payments previ¬ ously announced, but which have not yet reached their a second table in which we Pitch Amalgamated American Payable (annual) Appliance $i Corp..,.., Sugar, 5% preferred Shares n^t investment income) Mutual American Fund, Research (From capital American 2- 1 1-16 Arden Farms $3 Co., 5% Tools & Beech Aircraft held on dend Best Birtman & Blue Bros. Bower Roller Brach (E. Broulan 1-15 2-10 Laura 2-10 Lehigh 2- Liquid Rubber Buckeye 6% Steel Co. Buell Die Buffalo & California $1.50 Co. from ; 1 3-10 4- 1 3-10 {5c 3-15 2-15 2-15 1-25 . Steel Corp., A (quar.i Co. Mathieson 4.25% Investment Canadian Oil Carreras, Ltd., J. I.) Cos., 1-30 Mead 1-15 1 Co., Power & Ltd Chemical Corp., 4%% 43)4c 2-15 1-28 $l 3- 2 2-10 4- 1 3-17 3-20 3- 5 4- 3- 5 1 2- 4 1-20 Midwest Clayton & Lambert Foods, Inc., 30c Co.* 5% Fund, Airlines, Department Inc. 3- 2-18 National 2- 1 1-21 National Securities 2- 1 1-21 2 Preferred Stock .series 2-15 2- 2 1-25 New 1-28 1-20 New York Air York New York State Electric & 50c 1-22 3- 8 1-13 Northern 4- 1 3-12 Northwest 4- 1 3-12 RR. of New Airlines. Directors took Hampshire 2- 1 1-15 Jan. 3- 2 1-29 action no at payment Northwestern 21c 2-15 1-29 Ohio 3-12 2-26 Oklahoma par) Columbia Pacific 2-15 50c 3- 5 87'Ac 3-31 $.2 preferred preferred 1-15 50c 2- 1 1-29 2- Co. Gas, 3-16 1- 5 1 1-15 1-15 Pacific 2- 1 1-15 4.65%- preferred (quar.) Concord Natural Gas, Consolidated Chemical Class A ____________ 5)4% preferred (quar.) Pneumatic Procter Gamble Puritan Air Lines Co., A pref. __ (increased quar.)___ Mill Work District Inc. ($25 Common Fulton $3.50 Gar Oil Co. Mfg., 1-15 Corp., & common of preferred the Rose's 2- 1-22 Rutland 1 & Union 10 1-14 Saratoga 1-18 Scotten 15c 1 2-10 1-20 Shirriff's, 1 1-20 1 1 2 1-22 2- -*2,0 2% 2-15 2-19 2-26 2-26 2- 1 1-29 2-16 A (s-a) . of Rubber (quar.)_ Bank iquar.t— Insurance 1-25 2-15 1-25 24c Co. 12c 1-25 1-18 {15c 2-1 1-25 2- 1 1-25 (quar.)_ ______ {20c 2- 1 1-25 37'/2c 2- 1 1-20 25c (Ohioi Oil Oil Southern 5 2-15 — GOc 3- 5 2-15 iquar.)J___ 56'/4c 1-30 1-22 L_ common ——:— (S. — Haven Iquar.) (quar.) Southwest 1-15 Southwestern 3.70'A preferred 3- 1 2-20 3.90%' preferred 1 2-20 4.15% 1-25 1-15 1 1-21 1-21 Stange 1-15 Stevens Spencer Kellogg (Wm. 2- 1 2- 1 1-15 Stubnitz-Greene 2-15 2- 1-30 1-15 Sunray 414% 1-30 1-15 1 1-10 1-15 12-31 3.65% 30c 1-15 12-31 Thompson Thalhimer True 1 1-22 United 75c 3-15 2-15 United $1.25 3-15 2-15 United 3- 2-19 $2 25c 12'/2c 1 2-19 2- 2- 1-15 1 1 Class United U. S. Aircraft div.) (stock 1-20 1-20 2- 1 1-15 1- 2 30c 2-15 1-25 40c 2- 1 1-18 5 1-26 1-25 1-11 20c 3-6 2-1 1-15 12-31 _ 2-19 2- 92'/2c Topeka & preferred 2nd Atlas 4% 2- 1 1-20 8 Steels, J_. (quar.I_ Electric Coal Foods, Booth Saco & Mfg. Insurance Cos. (N. (quar.) Y.) (increased) (E. W.) Co., Co. 4% preferred Boston Edison 1-15 Brazilian Traction 15c 1-30 1-20 3-10 2-24 2- 1-18 1 12-15 2- 1 1-25 $1.12)4 .1-20 1-15 1-30 1-11 1-20 $1.12 >/2 1-30 5% 1-20 12- 2 V2 % 3-15 3- 1 20c 1-30 1- 3 15c 1-25 1-15 (quar.) common 1-20 1-25 1-15 9 45C 1-20 1- 2 2-19 2- 1 Co., Ltd.— 2- 1 3- 1 2- 1 45c 2- 1 1-15 2- 1 1-15 {75C Ltd., common , 50c (quar.) 3- 1 9 dividend 1 1-15 1-1J 1-29 1-15 50c Water 1-31 20c 1-23 1- \ 1- 9 $1.25 (quar.) 5% dividend—; 25c (quar.) 1-20 2-10 2- 1 i2-';i jl (quar.) 1-13 (quar.) 1-29 1-15 25c 2- 1 1-20 $1 common 50c 2- 1 1-29 70c (quar.) (quar.) Co. 2- 10c , (quar.) Corp., 3-10 25c 1-15 1 {5c Co., Paper class A Fisheries 2-5 45c 1 1 2- 20c (quar.) stock Co., 1 1-20 22- Inc. (quar.) 1 1-30 1-21 $1.13 (quar.) Co. Inc. Ami 3c > 30c (quar.) (quar.) 3-1 2-26 1 30c Co., Co., 2- {10c ___:. 1 2- 56'/4c (quar.) (quar.) Corp. Watch Bon 2-11 2- 1-15 1-20 1-22 5 2-1 2- 5 1 1- $1.25 1-22 1 1 $1 (quar.) Income Works Iron 1-29 2- 7 2- preferred $1.40 Belmont 3-20 3- 7 1- 1- 1-30 2-15 7 1- 1 3-10 Best {30c 1- 1 2- 3-19 1-20 {38c 1 2- 1 1 $1.25 2- 93 %c (quar,) $1 1 50c iquar.)_: 12-31 1 12'/2c 30c (quar.) 1-29 1 2- I pfd. class A 2 2- 4- 2- 1-20 3- 4- Benrus 1-15 4 {25c 1-20 2-26 1- 1-11 {35c 1 1-30 1-29 {$1.50 2- 1-29 1-29 1-18 (quar.) A Beneficial 3-11 1 $1.08% (quar.) Lumber Beaver 1-20 10c 1-29 3- $1.08% Extra 2- 1 40c 1-11 1 Co.— Ry. (quar.) Co. Corp. $1.0614 9114c 1-11 1 3- 2- {75c A (quar.) !__ 1 2- $1.12 »/2 75c B Class Biddeiord Co 1-11 1-11 12-22 10c Class Baystate Binks — Glass 1 1 1-26 $3 Extra Bliss 22- 10c Rubber Baldwin 2- 5 (quar.) c {25c :$1.12)4 1-20 4- 12-30 {15c (quar.) stock dividend Baker-Raulang Co. (stock dividend) Baldwin-Lima-Har.ailton Corp. (quar.) 1-20 26,4c 1-15 1-20 $1.12)4 pfd. Ayres (L. S.) 4V2V0 preferred (quar.) 4)4% preferred (series 1947) (quar.) 1-15 Shares B — — common Babcock & Wilcox 1 2714c 1-29 {56% : preferred Investment 1-29 common 5% 50c (quar.) Axe-Houg'nton Fund B, 3-10 (quar.)_ 1- 6-28 Co.— preferred 50c (quar.) 1 5 Co. pfd. A 4% & Mills, 20c (quar.) 8 2- 7- {70c (quar.)_, prior conv, 1 $1.15 12-23 $1.25 Mfg. Corp., $2.25 conv. pfd. (quar.) 2- , 1-20 5 {25c Co., Ltd Nichols 2- $1,10 1 1- $1.25 preferred Powder Atlas From 2- 25c Co.— Refining Co.— preferred "B" $4.50 1 Co.— (quar.) preferred 4.35% $1.20 9 1-20 2- $1.25 Electric City 4.35% Avco 2- 12-22 , 50c $1.25 (quar.) preferred (s-a) Class (quar.) Corp., Canadian Fire 1 10c Iquar.) Corps., Ltd., 12-31 — —— (extra) Santa Fe 3- preferred Fibre I.) Corp. $12 (quar.) Corp. 15o preferred (H. Constable 40c ___ 1— Inc., 1-15 2-23 (annual)- vtc Bathurst Power & (quar.) Brothers, Temper Corp. Arlington 2-15 Corp., 2nd 1-15 1-29 (quar.)— 3-15 (quar.) A 1 2- 2-15 Co.— common convertible 1 $1 4)4% Power. preferred 65c Inc. Spring 2- Argus Corp., Ltd., common—— 4)4% convertible preferred (quar.) 1-15 Co. & Appalachian Elec. 1 (s-a)_— Corp., 1-15 37)4c 25c (s-a) 2- Industries 1 2- P.) 1 {15c Ltd. 25c Co. preferred 5V2% Texas 2- (J, Oil Anglo-Huronian, 97V2c Sons, & J.) 2- (quar.) (quar.) (quar.)_ 1 2-19 50c — $2.25 Telephone Bangor-Hydro Electric Barymin Co., Ltd (quar.) 2- 1-20 1 (quar.) preferred 1-15 (quar.) 2- A $1.03% 4.60% 1-20 1 (quar.)—1. 1-15 Co. 4.25%, preferred Co. 1 (quar.) preferred 2- 2'/2c Service preferred 1 (quar.) 1 (quar.) 3- Producing Public Clayton Anglo-Canadian Austin 1-15 12-31 3- Anglo-Canadian Pulp & Paper Mills, $2.80 preferred (initial quar.) 3.75% 1-19 1 2-15 2- (s-a) preferred Atlantic 2- 2- (quar.) Smelting & 2- tquar.)_ Gas Lead 3-12 3-12 Co.— 2- (quar.)___ 2-20 Zinc, preferred 1 1 1-29 30c (quar.) Corp., 44- $1.25 Co._ American 4% 1-21 (quar.) pfd. com. (quar.)—1 Wringer Co., Inc Atlantic 12-21 $1.12)4 1 (quar.) Corp. {6c — 2-16 Co., Building {25c C.) Casualty Gas 4V2% preferred Arnold 1-16 1-19 — (quar.) common Ltd., 1 (quar.) & 15c 15c $1.50 RR New > $1 (quar.) class A preferred Fund Fire 1-25 1 3- (quar.)__ (increased quar.) Co. 1-30 2- 60c Corp. Co. 2-15 35c (quar.) ._. preferred $1 Co., American 4.50% 1-30 $5 (initial) (year-end) 4)4% 8 2-15 2-15 20c (monthly) Corp. Petroleum common Class 1 50c Steamship Co. prior 1- 1-29 3- $1.75 ______•—_ Viscose Amoskeag 1-15 30c __ (quar.) Products Ship i-ri 1-29 1-29 75c Co. Phenolic Avondale RR. of 5% S.i, Southern 22c 1-22 5 35c (year-end) American 5% 2- 37'/2c (quar.)— Corp. preferred' (quar.) preferred Atchison, (quar.) iquar.) Co. Ltd., Southeastern 1-21 1-29 1-15 1 1 2-15 7'/2c 2- 1 2-15 1 2- 1-21 1 65c Schenectady Ins. (T. Sinclair 1-20 2- declaration — participating Simms 2-15 $1.25 (quar.)____ 1-25 {40c 3- America com. 2-15 ; 2- 45c Co., 2-15 31)4c iquar.) Stores, 25c Dillon Security 2- 1-25 31 >/4c preferred 4.50% : & 2-15 2- 1-25 — Whitehall & 1-30 3- 1-25 Tobacco— & B $1.75 (quar.i (quar.) Co. 5, 1-29 $1.25 2-15 2-15 quar.) Mills, 10c 55c semi-annual Tire preferred National Robbins 2- 5 1 50c (quar.)' Natural American $5 2- 3- 10% preferred (quar.)— 5% 1 (St. Common (increased B 15c Southwest— I 1-29 2-15 quar.) 62)4c iquar.) iquar.)_ 1-29 12-22 34%c A (quar.)__ Co. American Metal Co., Anderson (quar.) 56'/4c (quar.) 9 (quar.)_______—__—, Co. Insurance 87y2C pfd. 1- 37)40 — J.) 87y2c 4y2% Banking 6% Iincreased Class 1-20 25c (quar.)_ 2-15 2-15 1- 7 4.40%; preferred common- 1-29 14. (increased Common 1-20 $0.2156 Republic Insurance Co. Life 1-20 2-15 Machine— Corp., 1-20 2-15 4 1-12 $1.75 (quar.) 1-30 59%c .1- 1-14 25c Securities 1-14 3-15 3- 30c Co. American / 50c 2-28 1 Foundry Israel American 2-1 25c (quar.) & Grand 1 2-15 30c & 2-11 1-21 Brooklyn 37)4c preferred RR. Globe Grace 3- 2-15 68%c __ ; Co. Given $5 (quar.i iquur.l Telephone Goodyear 35c 32'/2c preferred $2.20 (R. 62y2c preferred Industries, Shoe Georgia Fire Reynolds 34'/2c dividend) (quar.) preferred $3.50 quar.) (quar.) (quar.) Wood General (stock Ltd., class A Gear Industrial General Reliable 1-25 Skelly initial Iquar.) preferred Fullerton 1-15 1 35c par 4-12 1-14 12-21 4- {$1.31 (quar.) American {10c ___ Inc.-. Owl Stores 1 2- 15c com. American 15c (quar.) 2- 62"Ac (quar.i Brothers 5%% (quar.)— ^ preferred 7% preferred Corp. Foote common preferred convertible Sterling, 6% (quar.)__ 5 1-30 1-20 3-10 {25c (quar.)—s. Radio & non-cum. 1-12 {20c Co. {37y2c Manufacturing— Fitzsimmons Stores, Class B Fluor pfd. (quar.)__ convertible jFirth Gulf 5% & Common $4.50 B 15c (quar.), preferred 5'/2% gains) (quar.) Fedders-Quigan Corp., 5% capital Corp.. preferred 5V2% Class Randall Class <quar.)__ Car 20c Participating 2-12 12-31 luc common (from Electric, preferred Farrington 1 1 Fund, 25c Forge & Steel Corp., Eversharp, 32- 25c Fund American 5% 1-15 12-22 Co.— Insurance Board Box 1-22 2 19 1 1-20 933/4c * Co. 1-15 3-10 2- 75c common on Automobile American 7% 1-20 Corp.— (quar.) Cable 1 Quinte Milk Products, Ltd., class A 1 Co.— Empire 6% 2- & 15c non-voting Mutual 5% 1-21 Red (quar.) (quar.) Emerson Erie 2 Ltd.— common .(quar.) A 2-15 7c class ,A__ Co., class Inc. Coffee class 2- 87y2c 30c Shares, (quar.) preferred Empire 2 62'/2c Construction 1 Corp. dividend Stock Can Corp— of Scale, Ltd. 1-21 S. 2- Payable of Ree. 40c (quar.) (quar.) Aggregates, American 40c Bank 1-21 Dominguez Oil Fields 60c National 1-21 Insurance — as * Holder* When 50c Petroleum Louis) given in tho in¬ net Extra American American Iquar.)—31 '/4c dividend on 2 Houses, Duncan taken 2 convertible 4%; action No 3-19 6c Manuiacturing 8 ( . ;_____ at meeting held 011 Jan. Pennsylvania Gas iquar.) 2- Corp. Drackett 1 2- & $1.50 Dobbs 1-15 2- (quar.)— 2- 30c _ : (extra) pfd. 1 shares from (quar. preferred Goods American _____________ (quar.) 37!/2c Steel Divco L-15 2- 5% Distillers 62'/2c Deposited Disher 1 1 Co. Tilford & Light, 37y2C preferred 1-18 3 (ouar.)__ 30c —50c Corp & (quar.) Press, Inc., 3)4% Delta-C. 22- 2-15 Lighting Power Peoples Extra 1-29 1-30 3- $1.50 Iquar.) first preferred (quar.) B Cuneo $1.16 Industries, Inc.— Extra Class $1.06 $1.37)2 preferred Chemical Park Park ,____ 2-15 2nd Amerada 1-22 1-29 Co.— first preferred redeemable Pacific 1 37'/2c Electric & Co, first 2- (quar.)__ 1-30 25c on (s-a) reported redeemable first preferred 2- preferred 5 4- 2-15 61'/2c 5% $1.16 Columbus & Ohio Electric— 4'A%• 1-20 12-30 4.60% held Ins. 5% 1-20 4.80% (quar.)___ 1 1-15 5)4% Aluminum American-Marietta ; Debenture & redeemable $1.06 pfd. 2- 4-15 25c preferred (quar.)__ preferred iquar.)i____ 5% Electric— 6% 1-29 1-22 5% 5)4%' (quar.) Co., 5 2-15 25c (previously Loan 2-19 4- 50c American 011 Corp., com. (quar.) of America, common $3.75 preferred iquar.) Aluminum Co. of Canada, Ltd.— 4% preferred (quar.) Home Co Brewing 2-10 1 Ordinary Unie) Co. 3- iquar.)__ common 2-10 1 3- — 1 the on 1 3- 25c 25c Stores 100% (quar,)— Natural Gas 6% 9 (quar.) Terminals 1- 2-10 > Correction 1-22 25c _ (initial) meeting Marine & Fire Leather Ontario heldi— Wire 1-15 1 payment). non-assessable Co. 2- Allied Aluminum 6% 3-16 (quar.)_. 2 2 Inc.— 1 Colgate-Palmolive Co., common $3.50 preferred (quar.) 2- 2- 11. $1 (stock 1 1 __________ 4- A 3- 3- Ltd.— Co 3- 50c later. Inc. 4- Non Oil 50c 1-18 Wood Ind.) (quar.)— Corp. Fund, vestment income) $1.12y2 1-15 $1.12y2 (20c Affiliated 1 25c (quar.) class Adams-Millis 1 2- Distilling 3-15 (quar.) shares 1 5- 1 American 1 A (quar.) 3- 1 3- 5 1 Products, 3-15 Share payment 6- 100% ___—._ receipts, ordinary 1 I announced 5 4- Texas will be 3- 2- Metal of Details 3-15 45c (quar.)__ —I (stock dividend) dep. ' 1 preferred 2-15 1-20 12-30 1 4>/2% Central 1-31 3-10 4- Niagara Ferrous 1-18 4- 4% 93%c 1-30 American 1 week, these being Kunstzijde (Algemene $1.12)4 3-15 North 1-18 1 Interim 1-19 1 A 4.65% AKU 3- 4- Co. 1 Name of Company 1 2- 1-29 1-29 2-15 2-15 preferred Ohio 2-15 2-15 2-15 4- {65c Alkali 22- Per (quar.)—,— 1 2- preceding table. 67 Vac (quar.)___ preferred this announced 47'/2c preferred 2- give the dividends announced in previous The list does not include divi¬ we s-a) $4.50 preferred Southern Below (quar.) com. 3%% 4.34%^ & 1-15 21c 1-30 4.92% Insulated 1-19 1 40c 2-19 Olympia 4)/2% 1 2- 12c 2-15 1-21 Columbus 2- (quar.) 3-20 3-16 Collyer dends (quar.) 2-16 Collins 1-19 30c (increased 1-28 2-15 1-14 (quar.) 1 15c Gas, 2-26 1 (monthly) 2- certificates—. Co. 3-12 2- 27V2c —_— {50c (quar.) 1-29 1 weeks and not yet paid. $2 {32'/2c 1 Co. Co. 2- 13c Fire Insurance Co. 1-12 Fund, Brake 1 share Jr. 2-13 — England 1 A W.) American 1 class (F. Extra 2-13 : 4- each Woolworth (quar.)_ (see Gar 2 quar.) Corp. 2-25 1-15 Industries (Gar) 35c div.) 1-26 2-19 4- 40c 1 (quar.) Stores 25c 62)40 10% Co.— (stock series— 9 31V4c 34%c $1.06)4 :— 1 Series— Stock 2-20 2- 25c (quar.)— 3- (quar.) pfd. 2-20 1 (increased). preferred (quar.) & Co., $4.25 preferred 3- _ 1st 1 (quar.) preferred $1.06y4 Inc. 12-31 1-15 3- div.)__ Co. Insurance Wrigley (Wm.) Monthly 2 2-15 1 50c 3- for 1-29 2- 1 30c 2- of 2-15 3- 3- Insurance— 10c shares 1-29 $1.06'/4 Investment 15c (quar.) ] (monthly) common Hardware, 4-15 (quar.) (increased Co. National 29c (quar.)___ (quar.) preference 1 2-10 ;____ (quar.)i ioc (Two 5- 1-22 . (stocx 25c (quar.) 10c dividend) Wood 15c common (monthly) redeemable 3-15 1-22 3- (quar.)_. 15c Ltd. (monthly) Cochrane-Dunlop 1 20c Paper Munising Mutual Corp., Common preferred 4- $3 Common 4 )4% Wilson Co preference i—_______ Mfg. 1-29 semi-annual Piping all'/4% Central Vermont Public Service Corp. Clinton 3 Corp. $1.75 Corp. 3- 25c Manufacturers Minneapolis Gas (Texas)— West 5% 5)4% (quar.) Mines, common & Messenger 25c (quar.) South 1-31 2-16 Inc. Corp. 1 1 Light & Telephone Co.— Common 2-26 2-20 3-10 45c (quar.l____ preferred Increased {12'/2c (quar.) preferred Central Western Tiernan, 5 2- 2- $1.37)4 {15c (quar.) 87)4c {7c Corp._^______ (final)— Light & . 1 .____ {lOc (quar.) common preferred Central 2- (quar.) {15c B 1 50c _" New Ltd._ class 2- ; Porcupine Merchants 15c (accum.) Fund, Fire Corp preferred 2-15 100% Extra Canadian Westchester {20c (quar.)_ common (quar.) 25c $1.30 pref. Mortgage 1 (quar.)___ 25c __: Permanent 2- 10c {20c Class 1 : (quar.)_ Service 2- 75c common- Canada 2- $1.75 Shops! Theatres Corp. Material Mclntyre Trading Corp.— Ltd., $1 & 2- 2-15 75c —, Steel in ,____ (quar.) Washington 50c 2-26 {62)4c A Wallace .-. Brooklyn Telephone Co. (quar.) Louisville, Henderson & St. Louis Ry. 5% preferred (s-a) : 3-18 5C Foils, Class 12-15 $1.50 (quar.) (quar.) common $1 Lorain 3-10 5QC Canada Co., 1-15 quar.) 56)4c Ltd. & Holder» When Payable of Rec. $1Q0 (quar.)_ com. 10c Boston 3-31 50c dividend)— preferred Ventures, 2-25 3-10 at 15 $1.50 Corp., preference 1 (quar.)__ (increased Co. prior 1 Extra 1 1-11 Feb. on : Iron 2- 62y2.c of & 3- $1 preferred Loew's 1-12 $3 (quar.)___ Cement $1.50 Ltd., 4% 4- {3c Co (stock convertible 7% 3-10 87>/2c iquar.)__ common- Cement Co., 1 4- net (interim) Canada Case 1-22 1 20c (quar.)__ Co.— Pacific 1 Mould 20c t __ Bank Candy Carbonic 15c (quar.)___ Machine Forge Mfg. 2- 1-14 redemption $1.50 30c $1.31)4 plus this dividend) $1.25 iquar.)___ (quar.) Inc. for share Walker (s-a) 50c preferred Butler Valley Extra _____ (quar.) Castings Co., (quar.)__; 1-21 1 Share Construction $5.50 (quar.) preferred Portland Macco (quar.)!___ Ltd. Co. 5 4- 50c Sons & 1 2-19 4-20 , (quar.)___ Mines, 2- called per 8c National Secord Lukens ___. Bearing J.» Reef Brown < 1 1 divi¬ is-a) common Utah (quar.) common Apparel, Y. 3- stock). Ltd. 1-30 , (quar.) Corp., preferred N. 3- 45c investment income and 32)4c from balance of net capital gains realized in 1953)____ 3'/a %■ 9 meeting the Ridge Mutual Fund, Inc.' (lie Borg-Warner Lafayette $1.06 a 2-15 30c (quar.) preferred L'Aiglon 2- $1.75 (quar.)__ Ltd., 5% pfd. Corp., 1-20 3y2% Tobacco Ribbon 7% 1 9 G'/ic omitted Laughlin, Inc Bloch Blue 2nd 1-25 2- 32- (quar.) S.) 1st 2-10 5% <quar.)___ Co. Kroger Company, , (directors at common Electric 1-18 $1 again Quebec Mines Co. & Bliss the on Belleterre 13 1 81)4c _______ (quar.) Corp. Jan. 2- 15c (quar.) preferred Co. (S. 30c (stock dividend) com. Machines— preferred Kresge 25c (quar.) 1-30 Fund 1-22 25c preferred 1-15 12-31 .___ Joy Manufacturing Co. 1 6% <quar.)____I 1 Mortgage and common series C 2- (initial) _u preferred (accum.) Bangor Hydro-Electric Co., com. 7% preferred lquar.)_ 4% preferred, 2- of Company Stores Corp., $6 preferred (quar.) Upper Peninsular Power, common (quar!)_i 5)4% preferred (quar.) Upson Co., 4V2%» preierred (entire issue Pennsylvania 2nd preferred 12c (quar.) of (quar.)__ Knickerbocker prior 4 V4 %■ 1-22 State Mills, Johnsop & Johnson, 1-20 1-15 (quar.) extra) Knitting <85C (quar.)_ (quar.) Atlantic City Electric, Avildsen 2-23 Co. Guaranty preferred A 4% common participating 5% 3-19 1 2-15 70c Title 1 2- United 25c (quar.)__ r. (year-end Jantzen from 4c Laboratories Co. the 3-19 62)4c . common (quar.) of Per Name of Rec. 4- {15c <quar.)__ & Co., Refrigerator Inter-County tl2y2c (quar.) Holders 1 $1.50 M.) preferred Co. $1.25 A 4- Ltd., class A (R. (Geo.. A.) Semi-annual 1-29 25c Bottle Inc. Research 6% class Payable 40c (quar.) Ltd., Co., (quar.)i; common preferred F.), Mfg. Hormel Share Corp., Hollingshead 7 1-20 5 — Development 1- 1 3- gains) Thermos Anheuser-Busch, Applied & 1-15 2- 12'ZaC iquar.)_ (quarterly Inc. of Rec. 20c ; American Equitable Assurance Co. of N. Y. Increased semi-annually J American Holden Holderi |50C ___ (quar.) __i Business When Share Name of Company Air-Way Electric Aluminium, Ltd. (J. Insurance PCT & 2nd 5% Hartz Hussmann payment date., Abercrombie of Company Harnischfeger 9 (209) 2- 1 1-11 Light & Power com stock share and each ord. share outstanding (l-20th of an ordinary reduced on 7, 1954 in Canadian funds. Subject to by stockholders of a by-law approval authorizing payment of stock dividends at Jan. a 1- 7 6% 2- 1 12- 9 {10c 2- 1 12-31 2-22 special meeting to be held Jan. 6) British Celanese, Ltd. (interim) Amer. dep. receipts Ordinary British Columbia Quarterly Forest Products, Ltd.— • 10 The Commercial and Financial Chronicle.. (210) British 6% * Columbia Telephone Cutter Co.— 2nd preferred (quar.) Brockton $3.80 'a preferred Brooklyn 5% Gas Union a convertible Buffalo Mfg. Bullock's, (N. Y.) (stock Co. (quar.) (year-end)„: 5% 4% preferred (quar.) Ltd., class A pref. (year-end)- Co., Extra - 150c Class A pref A Class B t50c 1-29 1-29 1st Ltd., Mills, Electnc California Water Common & — (quar.)— 25c 25c 30c 31'Ac _________ ______ $1.20 preferred (quar.) $1.25 preferred (quar.)— —— — ——.— Power Co., Canada Northern Canada Southern Railway Power Canadian Breweries, 5% Bronze preferred Canadian Carolina Amer. *. 4.20% Light Co., "B" for rets, preferred Corp., 1- 2-1 8 2-10 Central Hudson Gas & Gas Co. Central-Illinois Securities, convertible Public (quar.)_ Electric & $1.40 preferred Utility Century Geophysical pfd. fimsco 1-30 2- 1-20 5c ______ Century Shares Trust— 1-22 1-22 2-10 ties payable in Common , Chase or 1-30 1-18 7% Chesapeake & Ohio V 3% 'It convertible Chicago Corp. Cincinnati 1-30 1- 2-11 1-15 2 2-15 1-15 1-15 2- 1 1-20 $1.25 3- 1 2-15 6- Field Texas & 5% 1 preferred (quar.) $1.25 9- 1 8-15 5% preferred (quar.) $1.25 12- 1 City Baking, 7% City Stores Co., 4%% Cincinnati, Chicago $4.50 preferred Clinchfield Corp. 1 1-18 1-30 $1.25 1-30 2-15 4-1 3-5 $1.12% (quar.) 25c • 1-21 1-11 1-11 2-26 2-11 Bottling Co. of (St. Louis) 30c 1-20 1- $20c 1-29 1-15 150c 1-31 1- 9 150c 1-31 Collingwood Extra Terminals, ftock dividend preferred Combustion Stock Edison preferred Fund. 12-29 1-19 2-15 75c (quar.) Co., 1-22 2- General Motors 2- 1 12-23 2- 1 12-23 35c 2- 1 12-23 3- 3 2-18 4%% $6 income 20c Inc 1-25 1- $4 8 8c 1-20 2-1 1-5 50c 2-1 1-5 51C (quar.) * 2-1 1-5 55c (quar.) Consolidated Bakeries Consolidated ioc Dearborn Corp. (quar.) Edison Co. (N. Y.)— Consolidated $5 preferred Natural Consolidated Textile Co-c liners $* 50 ; Ltd._: $50c 25c Power 1 2- 1 $4.52 preferred (quar.) Corp. of America— 1- 2-20 4% ; 1 3. $1 3. 1 1 Common Lines Exchange Quarterly Trust Co. Cosmopolitan Realty -Quarterly Deposit Crestshire Crown $1 (quar.) Crown Crum ~ (quar.) . Corp., ordinary vt* 2_ & j Seal, preferred (P. H.) 1-14 1-30 6% 1-14 3- 2-2 1- 5 12-30 12-30 2-26 2- 5 2-26 2- 5 2- 1-15 $1.25 2-15 9- $1.40 1 5-15 5- 1 9«r 8_16 Grafton 1-26 1-15 1-29 1-19 Ironrite, 1-30 1-15 Jack 1-30 1-15 2- 5 12-23 2- 1 1-15 1-30 $4.36 4% Jacobs 7_31 19 1-18 2-8 Jervis 2- 1 1-14 Jewel 2- 1 1-15 Johnson 1-25 12-18 5-10 4% 1 lfi 7 . (quar.) (quar.) Sugar 4- 50c 2-1 s i $2 3-31 3-15 1 3-in 1* $2.25 (quar.) $1 75 7% 4_ 2 preferred (quar.) $1 75 7_ 2 7% preferred (quar.) $1;75 9_2g Corp. Tea $1.50 1-4 2-15 2- 12-30 2- 1 1 1 * —: 4% 1-18 2- 1-4 $$1.25 1 2-1 1- I 1- 2- 1 2- 5% quar.) $1.16 (quar.)_ — (quar.) — 62'Ac 5 1-2 1-25 1- 9 1-25 1- 9 1-20 1- 8 $1.12'/a 35c * 25c 3- 1 2- 1 Lakes Common 7% Green 4- $1.20 Lawson 3-20 $1.75 1 1-30 , 2-15 1 . - . Bay & Western A B 1- 8 1-20 1-20 Leslie 1-30 1-16 Lewis 2- 1-11 Lerner 1 Co.— com. 5% 2-15 2-1 (year-end) 3-31 2- 3 $5 $50 : $15 3-19 preferred 3 17 g « Guardian Mutual Gulf Life Insurance Fund, Co. Inc. (quar.) 3- 1 1- 8 75c 2- 1 1-11 40c 3- 6 $1 7'Ac 2- 1 i- 8 — 2- 1 1- 6 (Calif.), 60c pfd. (quar.) 15c Co. (quar.) preferred ; (quar.) 1-20 2- 3 1-31 1-15 2- 1 1-15 2- 1 6'Ac 5- I 12%c " 1-30 20c — redeemable preferred 1-31 1-15 4-15 1-11 1-22 29c 29c 29c 29c $8c 56'Ac $15c 4-30 4-21 7-31 7-21 10-31 10-21 1-30 :— 1-15 $30c 1-30 1-15 I 3-19 1-25 I- 5 2- 1 12-22 2- 1 1-15 1-30 1-15 & 2, 1954 —- 1-15 30c $1.12'A 1-20 1-11 40c $15c 60c 3-15 2-15 1-30 12-31 $1.10 3-10 2-18 50c 3-10 2-18 payment since 1937) Stores Corp., 4%% preferred (quar.) (quar.)... VaUey Ltd (quar.) Co. Miami original. RR., guaranteed Finance I.) (R. (quar.) & Dock Power Sc. Bleachery, 1-15 Lynchburg Gas 1-15 MacMillan 2- 1 1-15 & 5% Inc. Co. 3 1-18 2- 3 2- 1 3- 1 5% 2- 8 25c 2- 1 1-15 (quar.)__ 62%c 4- 1 3-20 pfd. (quar.) $1.25 2- 1 1-11 1-20 1-U (quar.) preferred Light, 4.96% 3- 1 10c dividend) Lighting Co. 2- 11 %c (quar.) 1 (stock Aircraft — common (quar.) Coal Louisiana 2- RR.— first Island 4- 1 96%c Bros., Lorain 10c (quar.)— Preferred Long - pfd. 3.85% & Sons, 1 2- 2-15 $15c 1-26 10c 2-25 20c — B Special Lowell 37'Ac 2-11 $1.75 6'Ac (quar.)__ (quar.) 2- 3 1 Western gl15 2-12 1-20 Mines, Ltd. Gold Lockheed ■ - Brewery, (quar.) 2-12 1 Inc. Salt. Co. Little Local 56% RR., 1 3-10 (quar.) (quar.)_ Resumed 2- 1 $25c (year-end) 3- — (James) Lehigh - 2-15 3- (quar.) April Lees 2- 1 31'Ac (accum.) (year-end)_ B 2-15 I 25c 30c Leece-Neville Co. 75c — 25c Class 2-15 1 3- Jones, Ltd.— . Class A (stock dividend), 1% pfd. sharea for each share held, to be redeemed on 56'Ac common- (quar.) Class 1 3- • 1-14 $50c (quar.) Steamship 3- (quar.) Bryant. Class ... class 1-18 1-15 2-11 Inc.,- 4%% pfd. (quar.) Laurentide Acceptance Corp. Ltd. common— 1-15 2-11 Lane 1-15 1-29 2- 2-27 2nd preferred (quar.) 7% 1-11 1 class A (quar.) Stores. 1 2-15 Corp.— (quar.) (initial) Creamery Lama que 2-1 ' 5 12-31 32'Ac 62'Ac 463/sC preferred preferred $1.16 1-22. 3- 5 2-1 25c r 56'Ac : com preferred Chemical preferred preferred $1.16 1-18 $1.25' — 1 1- 95c Forge Co. $1.16 1 3-25 2- 15c 933Ac Telephone (quar.) Lakeside Laboratories, Inc.— 1-15 2- 1 1-18 1 Additional 8 50c 1-15 4- 1-29 Co.— (quar.) convertible Kropp 8 2- 1-15 1-15 1 50c 62%e LaCrosse 25c 1 1-29 2- $i $1.12% Light (quar.) Kroger Co., Calif.— 22%c 2- 15c tquar.)—— (quar.) <fc Fibre Co., Knudsen 1-15 2-15 3-12 12-31 10c — (quar.) preferred Kobacker 2-15 J25c 1 1-21 15c (accum.)__ Knapp-Monarch Co. Corp.— 42 %c 4-14 2-^6 133Ac (quar.) Keystone Steel & Wire Kimberly-Clark Corp.— 12-31 common 1 4- $1.09 (quar.)— (quar.) Vegetable Parchment Co. Kennedy's, Inc. common (quar.)— 12-31 2- 5- $1 & preferred preferred preferred 12-31 2- $1 4 3-12 50c 13'Ac preferred Inc. Power 2nd 12-15 $1.50 1-15 — 33A % 5% 1 $1.37% 2-14 (quar.) Aluminum Keyes 56'Ac 1 Co.— preferred conv. preferred Kaiser 1-4 1 3- 2-1 (s-a)_ (quar.) Co., City 4% 1-8 2- 1-20 1- 35c (quar.) Co., Testers, 4%% Corp.— preferred Great Griesedieck Co.— L.) preferred Kansas 1-8 2-1 1 1 Jersey Central Power & Light— 1-30 2-1 2- 35c (quar.) 55c l-'4 15c 5% preferred Jefferson Electric Co. (resumed) 1-18 Grayson-Robinson Stores, Inc.— 01 25c Ltd. 8% $3 (F. Link-Belt .. 2-17 Inc., 1-15 1-28 50c preferred Heintz, Inc., common preferred (quar.)___ 3-3 5% Ltd.. preferred & 6-1 2- Co 4% Electric & 1 Ltd.— Corp., common preferred (quar.) Inc. Gas 7- $1.12% (quar.) Canada, (quar.) Mutual, Iowa-Illinois 2-1 preferred of Reinsurance Investors 2-.1 1-29 $25e Utilities preferred 3 t$l-75 Co. Securities, 12-31 i 1-11 3- 2%% Kalamazoo (quar.) convertible 1-15 2-11 $3 (extra) (quar.) convertible 12-31 . 5% 1-1 l'A% Co., Graham-Paige 1-4 1 : Inter-Ocean 1 $1.25 1 2- Corp. Corp., 4%% International 2- 9 1-22 $1.25 (quar.)— 2- 62'Ac $1.50 : Nickel preferred -415c 933Ac Batteries, 1-,* 32c (quar.) ' ' gains (increased) Ltd. Co., Machines Interchemlcal Co.— Co.— preferred 1-20 or¬ 24c (s-a) Baking International 62'Ac dividend 4%% from capital common dividend 3.80% dividend) Co., 1-11 12-31 : Co., preferred 7% (from 1953 Business Int'l 1-6 1-20 87 %c (quar. (quar.) Tubes preferred in Inter-City 2 . 10c Co., preferred Gould-National x_19 1-25 Corp.— (quar.) Forster, 1-30 3-31 $1 preferred .(increased (18c America Investors ^Ingersoll-Rand 50c $1 preferred (quar.)_ Goodyear Tire A Rubber Co. of Canada Ltd. 1-15 1-25 ~ -(interim) (annual) International A 1-16 15c iquar.) 1 1 (year-end)— Fund of North rIncorporated 25c 5-25-54 of 2- 2- 25c Ltd., Growth Insurance Co. 1- 9 2- 1 15c (quar.) (quar.l__ com. Steel Stock • Cuban-American 7% 4% % Globe 1-13 90c t1 Ltd.-American— receipts Cork & 5 25c _ * $1 25 Cork class 1- 9 ' 62%c preferred (quar.): Oladding & McBean & Co. <N. Y.I— Quarterly * (quar.) (quar.) (stock Co. Securities, Institutional 12%c (quar.) Brothers, Inc., com. -4% 75c z — Quarterly Courtaulds, 1 1-30 30c Ltd., 51c $25c Ltd.— 4% u. Products Refining, common Extra 2- 4.08% preferred (quan)__ Imperial Tobacco Co. of Canada, 55c Co Globe-Wernicke 17%c Bank 3-1 1-20 20c (quar.) $4.60 Inc.— ______ Corn 3i%c 3-22 1-30 20c (annual) Utilities C.) Co., Glatfelter ' 4-1 50c - quarterly preferred Gimbel - (initial) Corn $5 2-19 (quar.)__ Copper A: Steel Industries 5% preferred (quar.) i. Continental Transportation Gillette 4 4. preferred Continental f $113 (A. Gilchrist 3-5 Container 1-11 .. 1-29 4-1 1 2'A% (s-a) Telephone Co. ol Indiana— preferred iquar.)___ !___ $2 1-15 1-18 55c (quar.) 1- 2-16 10c common 2-1 62%c (quar.) (reduced) 2- General 1-15 $1.12% Co. Inc. 53%c $1.40 preferred (quar.) i 4%% preferred (quar.) 1-7 (quar.)__ - 5% 3-20 preferred Common Telephone Co. 1-11 1-11 4.26% Corp.— preferred General 1-5 4- $1.25 Gas Co., Co. preferred 2-1 2-1 5% 1 1-18 933Ac $3.50 Wares, 2- 1 30c (quar.) Steel Gilbert (quar.) Consolidated - of Canada, General 583Ac — 2- /75c (quar.)__. Public 1 1-11 Service— preferred 2- 1 Stock (quar.) preferred Increased preferred (quar.) $2 preferred (quar.) $2.20 preferred (quar.) Connohio, Inc., 40c preferred Public General 12-31 KVho $1.90 (quar.) (quar.) preferred $5.50 1-15 55c (quar.): 2- $1.50 75c pfd. 1st series (quar.) General 1-15 1 dinary inc. and 14c from security profs.) (quar.) Package 1 2- 55%c 25c Advertising preferred 1-15 2- (quar.)_: 1-30 (quar.) Outdoor General Connecticut Light & Power Co.— $2.C4 preferred preferred 12-31 preierred Corp. preferred 6% 12-29 4% (quar.)___ Inc. 1 1 4.42% 1-30 (s-a) Mills. 2- 2- 1-18 Corp.— A General 12-29 1-22 Finance 4 $25c (quar.) Institutional (reduced) (increased) Corp., $5 preferred 1-20 (quar.) Co. 1-115 15c common 1-20 (quar.) common Foods $3.75 Co., 9-30 (quar.) Co. 1-15 1- 1 2-1 , long-term net Inc.,v common Electric General Power realized preferred Baking 1 1-18 2- 15c (quar.) 1-30 (quar.) Co., 2- $1 4 $1 4.70% Inc.— receipts 4%% pref. Canada, Ltd General 1 33c (quar.) 5% preferred Co. Inter-Ocean Insurance 1-12 35c Illinois 1-15 1- 1-15 1 Corp.— 1-30 (quar.) of preferred 5% i 45c (quar.) common preferred investment Concord 12-29 2>A% Inc. Commonwealth Gas Corp. (stock dividend) Commonwealth Stock Fund— From 1-19 5% convertible $1.43 1-20 $1.06% _____ dividend $1.32 2-15 25c (quar.) Engineering, Commonwealth 9 1-20 1 I I (quar.) Extra Chemical— & preferred General 9 1- 1 20c System Inc.. (quar.) Pictures Corp., common (extra)__ Co., 1 pfd. $4 2- 2- (quar.)_. 30c (quar.) preferred (quar.) Mfg. Co. (quar.) General 1- 1-31 2- 2- 2- Brick 7 2- $1.75 Products preferred Illinois 5% Co. Life General 25c 150c (quar.)__|___ Inc. Gas L::nbia $4.25 common (annual) Fund, Co'umbia Ltd., ___ Preference Colonial Co., Ltd 4% 3-10 Ltd.— Gardner-Denver 7 1-14 4- 1 2-15 1-15 Co preferred <quar.)___ Insley Mfg. Corp.' : Stores .Corp. 5% 1-21 10c Co. 1-28 4% Power, vtc Brick $1.06'A Corp Gamble-Skogmo, 25c Products 25c Hygrade Food 1 1 4c payable in cash or stock)— see Marshall Field & Co. preferred Gabriel 1-20 <quar.)__—! 19c (from Corp., common Fuller 1-15 12-31 135c $2.20 1-20 1-29 1-30 2- 1 2- 25c Hydro-Electric Securities Corp. 5% pref. B (s-a) 33%% Inc., $$2.50 50c Stores, Froedert 1-13 65c 1-16 Hall, 62'Ac Steel Motor, Franklin 1-13 1-30 25c Foundation (quar.) Aluminum Coghlin (B. J.) * 2- Hydraulic 35c (quar.)_ common preferred Franklin (quar.) com. (quar.) Coal Coca-Cola C 1-18 Houston Huntington ' 1-7 1- 50c 1-15 Press 3-15 1 1 (quar.) 1-15 Lighting & 1 25c Y.) 45c American deposit 1-25 1 $1.06'A Extra Club 1 2- $5 (quar.) Electric Illuminating, -— preferred | Machinery 33A% Louis preferred Cleveland 2- 35c St. & Food Ford 11-15 $1.75 (s-a common 5% (quar.) (quar.) preferred (quar.) common convertible Cleveland, Ry., preferred '$1.25 (N. 42- (quar.) Co. 1-15 2- (quax.)___ 1-15 20c • dividend Stock 5-15 5% ____ Co. Inc. Hardart & 1-15 1 25c » 2- 1 2- 1 18,!^c (quar.) dividend Follansbee preferred (quar.) preferred (quar.) Horder's,' Horn 25c tlOc $1.50 Ltd (quar.) Firestone Tire & Rubber Co. Pacific 5% Insurance 1-26 1-15 1 2- 12'Ac (initial s-a) 2-15 50c . preferred (quar.) & Deposit Co. of Maryland gains, Home 5 1-25 2- 37%c (quar.) (quar.)__^ Ltd.— ' 25c — prior (Marshall) 1-26 1st preferred 2- 1 (quar.)__ common 25c common— (quar.) $1 2-15 15c 2% - Co., 1 1-15 , 53%c preferred & 2- 1 2- 35c (quar.) L Corp., convertible Renfrew (quar.)_. Corp. preferred conv. (quar.) Corp. A common dividend Holly Sugar Co.— Department capital 2-15 $2 5% .1- 5 2- preferred class preferred A Stock 1-16. 2- 5 5% Chocoiate 4'A% 2- 1 15c Powder, Hershey divid.) $1.40 Fund, preferred preferred Holt, (quar.) Products, Inc.— Fidelity common Higbie Mfg. Co., 1-15 preferred Stock Co.— 7% 15c (quar.) Hercules Steel Products - 2- 1 Extra 1-7 1-8 3% RR. 2-1 2-1 25c dividend preferred <s-a) Cincinnati, New Orleans 12-31 lac 5% (quar.) 6% 87%c (quar.) com. , (quar.) (quar.) (Pittsfield), Fibreboard 20c Co., 1-2 1-29 5% '(quar.) participating Fidelity (qUar.) Electric & ;$1.25 2-1 $1.12% Common 4 50c 4% Ry., 1- Ry.— Inter-Terminal Stock Cincinnati 1-28 2%% (quar.) Gas 1-13 2-15 15c 4%% 25c (quar.) preferred 1-30 (quar.) convertible Federated cash__ <N. Y.) 933Ac 33A% 1-15 Board Inc.— Bank (quar.) Participating (stock dividend) National 12-28 12-31 , Loan $1.20 Mills 1-13 1-21 1-19 Paper , stock Hosiery 1-15 1-30 2- 1 Grain, Preferred Special distribut'on representing net longterm capital gains from sale of securi¬ Chadbourn 12-30 45c preferred (quar.) Ltd. $1.40 pref. (quar.)—— Federal 1-15 1 (quar.) 10c Federal 1 1 40c : is-a) Grain, 56'Ac Hecht Co. Hercules Federal 1-11 2- Federal (quar.) 1-14 Co._ Fate-Root-Heath 1-11 2- Mfg. 2- ' 1-29 25c preferred 2 I- i40c 40c preferred 1-15 1-20 5% 12-31 (quar.) 6% preferred 1-21 1 2- 683Ac dividend) (stock 2-16 40c (quar.) $25c (stock Heating Products, Co., 2-16 (quar.) Co. 1-25 $1.50 Brewing Corp., common Fanner 7 1 <fc Marx LighC Corp of America-— (quar.)— iquar.)_ & 1-30 (quar.)—__ of America, Scnaffner 1-30 Ltd._— <quar.)_ Co. 1-20 2-26 5% : 15c is-a) Manufacturing Co. Enamel 7 1- 35c $1.87'/a (quar.) laccum.) Corp. 1- 20c Mlg. 1 30c L preferred 1-5 2- $1.37V* (quar.) Hayes Mfg. Corp. common Stop Nut Co. pid. Haydock Fund, Inc. (quar.) Hayes Industries, Inc preferred Co., 1-20 5 Co.— 1-15 2- 1 Brothers Co. $1.50 2-23 1-15 20c 4% % 1-30 1-29 1- 8 is-a) Steel Corp. 1-22 ; 3-10 1 1-25 Co. 2- 2-15 1 1 Ltd.— common 2-15 45c' $$1.25 2- 2- • Inc., 1-25 12%% 1 2- $1.12% Falstaff 1-30 2-25 tlOc Metals & Supply 3 12-31 1-21 30c $20c (quar.) Employers' Group Associates 1-20 17'Ac (quar.)—_ $$1.50 Co., Co., 5- $37%c (quar.) Fairbanks 25c 2-25 preferred 4% % 8 37%c (quar.) Mfg. Corp. dividend 4'A% 1 Co.— Haskeiite Hat 6- 25c <quar.)__; Co., 5%% 2- 1 12-30 1-29 1- 8 Products & 2-1 dividend)— (stock Reiraclories 2-15 1-29 Co., Ltd Stainless (A.) Y.) Electric 12-15 6% preferred Stock Nemours Industries, 1N. Hartford 2- 1 Emhart 1-20 2-10 6% Harris Hart, 1-25 Elastic 1-13 50c (quar.) common Harbison-Walker $40c Ekco 1-8 3- 50c ll'A% (final) (quar.) Electric $1.50 1-11 1-20 1-15 1-15 1-15 87%c Edgar 1- 4 $1.05 (quar.) com. ordinary (quar.>__— common preferred Central ; 1 1-29 2- 1 2- 1 (quar.) Eastern Ltd. dep. Central 2- 1-29 140c $1.25 Caterpillar Tractor Co., 5% (year-end)_ com. 10c 50c Bank 1 1 Oil Well Cementing (quar.) Cotton, Ltd., 5% pfd. (quar.) Hanover 1-15 3- _ ! (quar.) Halliburton Hamilton preferred Pont de New 1-11 t $ 1.25 Ltd., 1- 5 1-15 1-11 1-15 ; East Pennsylvania RR. Co. 2-26 1 1-30 1 I ; common 2-2 Co. Paper (quar.) Brothers, 12-29 .— Extra 1 2- Halle 2- $50c ; 1-29 1-25 25c (quar.) Ducommun 12-28 4- Hagan Corp. $4.50 12-18 132c 1-11 1-20 $3.50 du 12-31 1-25 2- 1 1-21 2-1 Quarterly 3- 9 — (quar.) Chemical 2-20 pfd. ^ 25c $17 %c $40c common Linoleum & & Dryden Paper 12-28 1-25 Tar Common 12-31 125c (quar.)__ com. (quar.) Power Carreras, . is-a) (interim) Ltd., Oilcloth Donnacona 12-28 1-27 115c t$1.50 (quar.) L_ Ltd., preferred 8-23 3 12 • $40c ' $50c $1.60 ; 2c (quar.)— — Fabrics. convertible Dominion Clinchfield & Ohio Ry.— Guaranteed Celotex Ltd. (quar.) Industries Carolina, 1-27 $8c Corp., Ltd. Co., Extra - Eastern income) Ltd. Bridge Co., Dominion Fund— investment Canadian 1-20 $5c (From Dominion 1- 9 1-9 1- 9 1- 9 12-31 1-30 2-15 1-29 1-11 1-11 * . Dominion Steel & Coal Corp. 25c fs-a) Extra Ltd Mines, Dominion 40c Campbell Red Lake Mines. General Dome ; Ltd., 7%% (quar.) 2-25 5-21 9-10 (quar.)__ Gypsum Lime & Alabastine of Canada, Ltd.— Harris-Seybold income—— '. 3-12 6-10 $1.25 * $1.25 (quar.) com. .(quar.);. . Products. 1-25 1-25 37 %c Manufacturing Corp. 2nd $5c Packing Corp. (quar.) Camden Refrigerating & Terminals Co. (quar.) com. (quar.) net investment From Dodge 1-15 1-15 2-1 2- 1 2- 1 Co., dep. rets, for ordinary (interim) Dividend Shares, Inc.— 1-15 2- 1 Match 50c $1.25 RR. (quar.) preierred Gurney Holder» Payable of Rec. Share ■ (quar.) 35c • — Ohio 10c 25c ^ ; (extra) „ preferred ^ — (quar.) Co. American 1-15 1-15 37%c (quar.)__ com. California .* Stamping $1.50 Telephone Co.— (quar.) California Oregon 2- 1 2- 1 2- 1 120c 75c (quar.) pfd. $3 Power, (quar.) preferred Canada Mlg. & preierred preferred $5 l-il ? 1-2/ Distillers Co., Ltd.— 1-15 2- 1 2- 1 2- 1 138c (quar.)_ common preferred California $1 (extra) Gasket A Mobile $5 1-8 Quarterly 50c (quar.) Gulf $5 - 2-15 50c 30c 14c rquar.) Stamping Diamond 12-31 25c $1.75 120c (reduced) (quar.) Co. Detroit 3-19 1-18 Viloiss 2- 1 2-1 2-1 — Detroit . 4-20 (quar.) Detroit 10- 8 10c - <quar.)__ participating preferred 2nd 80c 7-29 10-29 A ——- Phipps Stores, Inc. 5%% pfd. Delaware Power & Light Co. (quar.) 4-8 7- 8 25c quar.)———- Co., common Linen $1.50 . M.) (A. (Increased Co preferred Caldwell — —. 4-29 150c — common Terminal 150c 150c —— Inc. Dean 1- 8 — Burroughs Corp. T/c De 1- 8 150c common preferred (quar.)__— (quar.)—___ (quar.)—— Dayton Rubber Co., com. (quar.) Class 1-20 $1.08 $L13 $1.25 10c 25c (quar.) .— Brothers, Inc. Daystrom, 7- 8 10-8 Class B common Byers Davidson 4- 8 7-29 10-29 common Class B , 4-29 (quar.) , When Per ' Name of Company - 12-31 10c Light, $4.24 pid. preferred Davenport Water 5% 3-22 1-4 1-4 12-23 12-31 1-12 1- 8 1- 8 150c preference.———„—150c Extra Class B Bush , 150c - pref A Class 2- 1 1-29 1-29 $1.50 - - 2-10 $1 dividend)— Inc., Burns & class 37Vic 50c $7 (quar.).. common preferred Insurance Buicks Co., Gas 4- 1 2-1 2-1 12-28 95c (quar.) Union Power & 4%% . (quar.) Laboratories Dallas 1-15 2- 1 $$1.50 — c,o.— Monday, January 1$> 1954 Holders Share * Payable of Rea Name of Company Payable of Rec. Share When Per Holders When Per Name of Company - 25c (quar.) (quar.) Bloedel, Ltd., class B 1-15 2-15 12- 4 22%c 1-25 1-15 7%c 2-15 1-25 (Continued on page 46) . ' Financial Chronicle Number 5291... The Commercial and Volume 179 (211) Stock Record «» New York Stock Exchange DULY RANGE OF PRICES WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES STOCKS Bute for Previous 64% Jan 6 Oct 108 Lowest Highest 41% Oct 8% Sep 8% May 6 5% Nov 26 30% Jan 30% Sep 16 35% Jan 20 42 % Jan Dec 19 • 24% Jan 22 9% Jan 7% July 17 6 Acme 35% Jan 2 Adams 36% Feb 25 16 59% Jan May 1 29% Dec 31 32% Jan 6 14 10% Mar 106% May 2 115% Dec 11 Aug 28 2 52 Nov 29% Jan 8 Oct 15 114% Jan 5 4.50% Alabama Mar 11 & 14 Alaska 1 Sep 15 Aldens Inc May 70 Aug 10 Feb 27 3 Sep 14 130 Sep 15 5% Dec 23 Oct 9 46% Jan 21 25% Sep Jan 17 91 110 Jan 2 98 30 10 Dec 4%% Jan 5 81 Aug 24 15 39 Jan 6 1 in* Feb 4 23 18 98 Apr 90 6% 6% 6% 6% 6% 6 % 6% 13,100 21% 21% 21% 21% 21'% 21% 21% 21% 5,000 28'% 28% 28% 29 29% 29% 30% 1,500 27 27 27 27 27 6% 27 ♦26% *26% *26% 27 I,100 191/2 1934 19% 19% 19% 19% 19% 19% 20 20'/a 6,100 8% 9,800 8% 8'% 8% *50% 50% 50% 50% 50 50 24% 24 % 24'% 24% 24% 24% 24% series *105 100 100 10 , ♦105% ♦l553/4 158 ♦155% 158 preferred conv—No par *155% *155% 158 *144 106 2 % 21 y4 21'% 21% 72 72 *72 72% 72 72 31/2 3% 3% 3% 146 80% 2'/4 2% 80 80 29% ♦145 146 3% *79% 30% 30% 30% 98 ♦96% 98 98 98 *96% 100 *93% 95 ♦93% 96 *93% 96 *93% 96% 1 8% 9 *8% 74 73% Kid 46% Apr 40% Jan 94 4 Sep 22 No par Dye 9% 73% 73 5 17% 171/2 No par 26% 26% Co 23 41% Oct 14 59% Jan 2 23 86 Oct 8 118% Jan 2 40 Sep 14 24 11 16 y« Jun 29 Apr 9 148% Oct 14 74 Dec 30 55% Nov 16% Jan 9 2 11% Dec 20 12% May 2 2 75% Jan 6 Amer Agricultural 15% Jan 8 American 4 3%% 8 American 84% Feb 15 29% July 14% Nov 5 19 60 Jun 12 18 15% Aug 7 19 53% Aug 7 36% Oct 30 Oct 17 102 2 Jan 6 12% Jan 29 Feb 26 47 2nd 40% Jan 27 17 103 % Feb 20 1 15% Mar 19 12% Sep 15 13% Sep 11 15% Mar 20 Feb 11 16% Jun 15 preferred com„No par 100 Bank Note common 10 50 Bosch Corp 1952 2 9% *39 35% 98% No par preferred 100 Theatres 5% Inc In 9 73% 73% 19 39 Jan 7 1 36% Dec 12 31% Feb 9 Nov 27 American 5 45 % Nov 12 40% Apr 23 45y8Nov 9 22 42% Jun 27 30% Sep 14 49% May 25 73% Apr 23 27% Oct 24 83 y2 Jun 26 -,72 Dec 29 85 Vb Mar 18 32% Feb 8 26 Sep 14 34% Jan 26 42% Jan 2 50% Jun 6 18 American Chide 19% Feb 25 44% Apr 24 16% Jan 2 Dec 14% May 21 20% Feb 13 23% Dec 17 American C'oiortype Co 25% May 27 96% Mar 4 American Crystal 31 89 Oct Apr Mar 26 15 96% Jan 3% Sep 21 6 15 90 Sep May 15 3 6 9 6% M«iy 40 51 American 3l/2% 7 American Jan 9 Dec 31 6% Jun 30 8% Jan 25 conv American European 29% Jan 3 33% Aug 11 26 Oct 14 31% Jan 20 16% Mar 7 18% Aug 14 12% Nov 2 17% Feb 4 American & Feb 19 11 May 25 18 35 Dec 31 American Gas Jan 9 67 Aug 3 American Hawaiian 2% Dec 29 5% Mar 25 American 8 11 48 5% Jan lo 13 12% Mar 10 55 3% Oct 21 Hirle 26 19% Jan 4 17% Feb H) Jun 24 23% Jun 30 Dec 3 25 15 21% Sep 16 22% Jan 104% Dec 16% Sep 25'A Mar 18 25 23 18% Mar 26 American Sep 9 83% Dec 31 100% Mar 17 7% 16% Apr 24 24% Dec 2 19% Sep 24% Mar 16 Amer 78% Feb 84 Apr 24 79% Jan 18 12 86% Dec 31 18 % Dec 31 15% Sep 16 19% Feb 2 27 96 11 13% Apr 24 x22% May 16 97 13 Jan Jan 3 2 102 30% July 23 18% Jun 8 2C V4 Feb May 15 17% Dec 31 94% Jun 23 105% Feb 15 18% Feb 2 105 7 Jan 4 Oct 31 35% Dec 11 31 % Jun 14 18 31% July 30 19 Jan 17 20% Dec 31 36% Jun 12 29% Jan 5 7 29 Dec 8 19 28% Dec 36 Sep 33% Oct 28 39 % Sep 23 28% Sep 13% Oct 16 16% Apr 1 12% Sep 165 Feb 23 175% Aug 6 Aug 7 8 17 7% Jan 7% Jun Metal Amer 4%% 22 15 American Natural 37 Mar 27 American News 39% Mar 24 American Optical 16 36% Jan 30 21 15% Feb 4 148 Jun 11 171% Feb Jan 2 8% Jun 23 6 7% 6 6 Rad 29 24% Jun 24% Nov 30 American 49% Dec 3 41% Dec 15 65% Jan 30 American Jan 29 14 44 Jan 6 165% Sep 2 25% Sep 136 Jun 11 39% Feb 9 Jun 20 117% Dec 30 127 36% Jan 29 25% Sep 21 36 13 Oct 36% Dec 122% Oct 29 53 131 12 30% Oct 16 34 9 18 60 % Mar 6 127 Mar 14 135% July 1 Apr 50% Dec 40% Aug 18 10% Oct 16 16% Jan 11 150% Jun 11 161% Dec 1 16% July 25 35% Dec 18 38 Feb 49 Sep 15 120% Sep 12 2 24 Apr 14 152% Jun 10 23 16 59% Dec 139% Nov 21 128% Dec 24 69% Jan 21 35% Oct 22 3 119% Jan 24 111% Dec 4 7% Jun 13 9% Dec 15 22% Oct 22 37% Jan 7 64% May 19 129% Jan 3 Dec 16 116% Jan 57 66"% Dec 159% Jan 5 40 y4 Aug 10 Feb 7% Mar 20 American Steel 16% July 30 161% Jan 77% Aug 7% American Tel 3 American Tobacco 60% Jan 5 American 5% Sep 64% Nov 19 82 Feb 7 59 Sep 16% Oct 16 89% Oct 23 38 Oct 40% May 11% Sep 11 11 94% Dec 17 89% Dec 17 14 21% Jan 5 26% Feb 13 Jan 30 68 Sep 21 97 Jan Dec 29 45% Feb 43% Sep 13 57 26 30 15 55% Jan 24 2 48% Dec 31 Jan {5 24 May 12 31% Jan 2 106% May 21 Jan 15 40% Oct 15 53% Jan 10 1 50% Dec 19 11% Nov 21 24% Jan 24 4% May 5 48% Dec 10 6% Jan 3 102 38% May 60 For footnotes see July page 7 22. 25% Aug 27 25 94 Jun 32 Nov 25 40% Sep 15 Dec 2g 8 2% Nov 24 80 Sep 14 Jan 5 6 15% Feb 26 Copper 15% *15 17 20,700 15'% 15% 700 *16% 17% 1,000 4% 5 6,700 37% 37% 37 Va 37 % 37% 37% 37% 3734 .44% 44% 44% 44% 443/8 44% 44% 900 32% 33'A 33% 33'% 33% 44% 33% 44% ?33% 33% 33% 3,700 75 74% 74% 75 75 28% *28% 28'% 29 29 493/8 49% 493A 49% 50% 2,900 23% 1,400 37 75 *73 28% *28 49% 22% 22% 92 47% 135 32 75 28% 49'/a 49% 22% 22% *73 28'A *49 22% 46% 22% 22% 22% *22 Vo *91 92 47% 47% 22 92 47% 48% 134 *31% *127 135 *127 32 *125 32 32 x32 8% *8% 8% 8% 27% *26% 27% 27% 27% 22% 22 *91 22% 92 22% *91 . 8% 8 3% 3% *27 473A 135 323/4 8 3% 47% 46% 23% 13 87% 22% 87% 47% *130 33 8% 48% 33% 3,500 8% 2,000 28 27 27 13% 14 9 16,400 23.000 34% 34% 343A 34% 34% 59'% 60 60 60% 3'% *2% 3% *26% *26% 29% *26% 29% 46% 46 y. 46% 46% 46 9 *92 94 *92 ♦17% 18' 17% 23% 23% 104 127/B *86% 87% 22% 22% 87% *86 200 3,600 9% 593/4 46% 12% 500 21,600 135 3 Vb 9 *101% 500 800 22% 59% 9 23 Vs 13,600 92 29 *26% 9 22% 22% *91 3 3 29% 94 17% >101% 13 *87 22% *86 29 46% *8% 9 3 9 9 3 9 800 1,000 5,100 1,500 94 92 92 92 92 17% 23% 173/4 173/4 17% 18% 1,000 23% 23% 23% 24 1,500 103 *101 *101 102% 13 13'/a 13% 13% *87 87% 87% 88% 300 22% 22% 233/a 5,900 86'A 86'A 13 87% 102% 40 223/4 22% 88% *86 87%- *18 6,400 10 lOlVss 16% 16% 7% 7% 400 40 40% 40% 40% 41 % 40% 22% 40% 40% 40% 22% 39% 9,500 21% 213/4 3,600 33% 33% No par 34% 35 15 *7% No par 25 No par 14 *168 170 6% 7 23'% 23% *42 % 43 29% 29% 147 149 37% 37% *120 122 27% 23'/a 45% *13% 156 % 59 % 5 23 23 No par 7 A 62 Jan 9 Archer-Daniels-Midland 30% 45% 10 % 25% 15% 83 86 % 13 75 31 45% Corp Inc 10 14 8 No par 30'% 30% *100% 102 34'% 34% 43'% 44 *8 % 9% 3 33% 3% 33% 16 5,000 22'/» 22 % 21% 22 21 % 21% 33% 33% 33% 34% 34% 35 % 35% 35% 35% 35'/a 35% 36 36 363/a 35% 36 % 3,000 13% 14 13% 14 13% 14 13% 14% 28,500 170 *168 170 170 1 *170 6% 6% 6% 6% 6% 23% 23% 24% 43 42% 43 29% 293/4 30% 29 3/„ 30'/a 143% 147% 147% 37% *37 % *42% 29% 147% 147% 1473/4 37% 37 vb *37 v* 120 *120 122 28 28 28% 45% 45% 45% 53 *52 122% 122% *52 121% 120 283/4 45% 53 122% 6% 172 23% 24 *43 122 24'A 43% 37% 122 ♦170 6% 24 43 30 *147% 37% 122 60 53 v2 400 53 122 53 122% 53% 122 13% 13'/a 1573/a 157% R0.3/, £0% 59% 603/4 60 % 61% 61% 126% j*% a"i% 34% 343/a 33% 115% 115% 115% 115% 115% 10% 10% 25% 400 2,000 157% 25% 340 37% 122 46'A 13% 25% 16,400 46'A 157 y* *25% 240 30% 46 13% 10% 43% 148% 45 % 156% 10% 3,900 2.900 13% 128 2,500 283/4 156% 127 6% 24 28% 13% 129 50 172 28% 156% 128 8,000 28% 13% 10% 25% 128 % 34% 116 127% x33% X115 790 122% 13% 158'/a 62 128% 34 115 , 900 69,000 34,800 1,380 36,800 140 10% 10% 10% 1,500 25 3A 25% 26 1,300 16 6,800 15% 15% 15% 15% 15% 16 vb 15% 83 82 83% 83% 86 86 82 86% 1.240 82% 85 83% 87 87% 89% 87% 88% 3,280 13 13% 13'/2 2,800 12% 13 123/i 12% 12% *73% 75 *73% 74% ♦73% 74% 73% 73'A 31 Va 313/4 31% 31% 31% 32- 47 46% 47 30% 31% 45% 46 46 46 '/a *46'/a 30% 30% 30% , No par 21.80 Mining Jan - !0% 25% 15% 82 84 *12% *73% * *18 Corp— 6.28 Oil 34'% 34% *115% 115% 25 23 50 13% 156 % 60'/2 129 % 130 8 No par 46 52% 52% 121% 122% 100 com 15 13% 100 Cable Glass Co 15% 15% 7% preferred Products *15 300 15% 7% Co 5 P W 15% 7% common preferred Anderson Clayton & Co Andes 15% *7% 100 Anderson-Prichard 15% 7% Tobacco 84 45 15% 4% *86 17% 18 19% 20% *100% 100% 1 Common 57% May 15% 5,700 99% *7% preferred—100 Wire 9 15% *98 7% common Anaconda 5 99% *100'A Copper Mining 31% Dec *97% 16% 10 Anaconda 106% Mar 99 'A 101% No par 100 common 81 *97% *100% series Hocking 98% 16,900 16'/b preferred Anchor 37% 101% 100 conv 9% 40% 37% 15% preferred prior 9% *39% 37% >100% $4 conv prior preference No par Amer Zinc Lead & Smelt com 1 6 29 109 9% 40% 36% 15% American 57 9% *39'% 36'% 101% 2 22 9% 4.0'% 36% 15% 27% Jan 95% Jan 9% *38% *100% ~13% Sep~ 10 18 9% 40 % 43/4 23'A 2 American Water Works Co Inc 81% Nov 9% 60 700 5 Corp Woolen 210 6,800 7 7% 57 18% 2 Preferred 6% *56 20% Jan 119 57 18% 10% Feb Jun 800 *56 20% 9 9 57 *38% 15% *101'/2 104 100 Viscose 17 20% preferred 6% 143% Oct 27 *56 98% 17 18% Co Tel 8c 57 98% *92 ♦17,/2 100 5 *56 98% 17 100 20% Co Sumatra 1,000 27'% 17 *98% 117% 18 preferred American 27% 1,00 . 20% Foundries Stores 27% 17% 27% *98'% 17% 18 American Sugar Refining com 19 27'% 27'% 98% 20% American Feb 27 98% 19% 47% Nov 24 May 12 27 *17 18% 58 134 1,300 19% Razor noncumulatlve 6% 2 23,600 73% 16% *86% 22 % common—8 100 Sany Co 12% 73 No par r. Refg com Snuff 12 No par Co preferred American 12 Va 73 4% *26% 1 Co Seating 11% 72% 16% 12% Ship Building Co—No par Amer Smelt & 12 73 4% 100 7 100 Co Co Safety 11% *721/4 16% 1 No par coin Gas Std 600 11% 4% 3 1 No par preferred American 42% Apr 24 38% May 19 148 Feb 19 !l & 100 7,700 58% 72 % 16% 9 100 174 11% 15'/a 46 coinmom Amer Potash si Chem cl B Amer 58'/4 72% 8% 1 100 Dec 58% 4% 1 Products Co 42 169% 170 168% *58%. 59 15 No par common Molasses 171% *57% *26% 50 preferred American 168'% 58 58 16% *31% preferred—100 Ltd Co 170 167% 34 preferred American Metal 19% 59% Amer Machine & Metals 9 13% Sep 3.90% *19 343/a preferred & Fdry 19% 33% Investment Co of 111 Mach *19 59% Products Locomotive 19% 60% prior preferred 5>A% American *18% • 34 Ice Co common noneumiilative 6% 4 Jun 12% Dec 99 21% July 31 Nov 19% 333A 15 20% Feb 8% Dec 94 *18% *593/4 com 200 2 43/8 *125 American International Corp.No par 9 30,900 1,000 2,400 35 10 31 6 23 49% *1% *28% Cot—5 American Jan 47% 2 35 9% American 6"% Jan 47% *1% *28% 2 13% 48% Dec 29 86 47% 35 8% 15 8 19 47% *1% *28% 13% 24 Aug 47'% % 2 35 8% 26% Dec Dec 47 ♦1% 13% 36% Jun 8 47 95% *28% 8% 14 96 II,700 13% 39% July 23 9 64 83/4 45 14 46% 61% 133/4 8 Feb 46 vb 62 8% 3 6% Apr 95 46% 61 13% 30% Sep 73 94% 46 60'% 9 preferred Home 94 46% 59% 14 x35% Oct Jan 94 45 8% 39 y4 May 27 3,800 13,100 94 133/4 Co_„ Leather si convertible 6% SS 47% 59% 15% 46% No par Electric si 91% 44% 98V* *91 Lines Inc 40o Foreign Power__No par 27% Jun 7 Feb 7% Nov 45% Jan 39% *89% 46% 47 16% 49% 1 Secur 1,600 27 38% 90% 700 18% 27 95 36 *22 Export American *18% 7,900 59 % 35% *22 Distilling Encaustic Tiling 50 1,300 74% 44% ♦92 % 273/4 10 10 100 com 46% 74 No par Sugar Cyanamid Co com 10 preferred series B_100 Co 20 American 151 Co *89% 46% 100 323/8 No par Cable preferred prior 5 15 8 4%% & 38% 90% 46 »/a 5,800 99 44% 100 Chain 38% *89% 46% 31% 36% 25 Fdry common 38% 90% 4% 1 12.50 common preferred 6 10 28% Sep 6 7% 6 117% Jun 22 59% Jun Co Car & American Jan 22 54% Jan May American 39% Jan 41% Jun 170 % Jan 30 50% Aug 25 Can Corp preferred 5578 Jan 9 9 33% Oct 143 7% Radio 81 38% 45% *16% 20 Cable 38% ♦89% 20 81 9 73% . 26% 300 94 9 26% 26% 94 74% *18'% 18'% *26% 26% *96% 9 9 9 74% 18 18 18 ♦26% 30% *143/4 1 common 43% Aug 6 15 1 common interest preferred 28% May 16 29 9% 41 36 Broadcasting-Paramount American 4% Dec 11 /a 111/8 *72 72% 27 27 *98 100 17,/4 17% 56 563/* 5'%%—50 common ser Co com convertible Ctfs of 12 100 Co pfd conv preferred 4% Amer 58l/f 1 common Amer Brake Shoe 21 Sep No par preferred 6% 17/® 33 19 19 168 % 169% Cliemical__No par Bakeries cum American 91 Apr 22 Corp Airlines American 2 59 34% Sep 41% Mar 13 107 Nov Petroleum conv 4%% 17 20% Feb 6% A*ig 31 35 Dec 99 31 25 Amalgamated 60 47 % 1% *28% 50 1 31 61% Feb Dec preferred Sugar Co (The) convertible 45% 93'/2 447/« 59% 1 Co 38% 90% 47 1 No par com Amerada 29 441« No par America Leather 5 20% Dec Nov 43 6% 19% Mar 18 5 10% Dec 65 of Amalgamated 189% Jan 93% Aug 20 16% May 20 *91 100 Limited 70% Dec 2 Jan 90 Apr 29 preferred Co 26% Sep 73 20 common Aluminium 36 % Mar 24 18% Jan 15 Mfg convertible Aluminum 3% Mar 24 30% Dec 24 2 100 54% Jan 23 21 29 x235 15% Sep 141% Jan 60% Feb Jan 35 3%% 38'/a *89'/2 45% common__No par Alpha Portland Cement 1% Dec 3 Corp preferred 52% May 25 62 Dec 10 41% Apr Sep~19 3% Jan 23 Nov 33 54% 16 Stores 4% Allls-Chalmers Dec 42% Apr Oct" 2% Oct Nov 61% Dec 123 1 36% Feb 21 47% Allied 8 87 1 49% Dec 30 17 95% May 35% 8ep 21 15 I Oct 95 30% 99 gtd 30% 120,600 150 *79% 81 *79% 81 29% *96'/2 30 3% 3% 150 148 70o 3,700 72% *72% 1 29% 2% 22'A 22 3% 3% ♦145 148 158 2% 2% *21 ♦2% 80 5,500 500 106 *155% 158 2% 21 147 *79'/8 8% 106 106 No par Inc & 106 72% 3% 100 106 , 21 2% »72 A 8% 21 2V8 21 1 common 8 106 100 preferred prior 106 0 Allied Mills 8 60% 50% Allied Jan 60 7% Alleghany Ludlum Steel Corp Mar 25 33 59% 24 % 2 22 59% ♦50% Chemical 76% Jan 58% 7% Industries 29 58% 24% Allegheny & West Ry 6% 8ep 15 59 50% Allied Dec 58 73/4 Allen 24% Oct 28 59% 24% Vicksburg Ry Gold Mining Corp *58% *50% 8 17 8 Mar 27 40% Dec 17 300 10 1 $4,375 cum preferred 78% Aug 11 July 17 13,600 28 % 6% : 36 3,700 10% 50 3 May 10% Mar 6 $4 62 36 10% 10% 21% preferred 6 v»% 21% Jan 7 10% 108 28 common Alleghany 5% Mar 25 152 87% Sep 8% Oct Nov 25 Apr 74 Sep 78 10 21 10'% Shares 46% 46 *106 6% Juneau 31 158 % Dec Aug 28 9% 10 46 108 45% *106 common_.No pw pfd 1951 3% Apr 5 8 45% 107 Va 28 w w 21 % Dec 160 24 85 9% *106 21% Equipment com Inc 3 2% Apr 18 Gas preferred Reduction 11 9 23 67% May $3 Air Sep 4 Nov 45% 107 1 Jun 29 ocTii io No par 2 Jan 98 45% ♦105 2.50 Co Corp Affiliated 10 8 18% Oct 31% io Corp 17 76 45% 45% 107 1 150 3% Mar 45'/a the Week Friday Jan. xS 10 6 155 17 Jan. x4 *105 Co 23% July Jan 32% Feb Admiral 6 3 22% Oct 22 2% Jan Thursday 1 Co Express Adams-Millis 27 101 24 79% May Motors Steel Sales for PRICEvS Jan. 13 100 Addressograph-Multigraph Corp Jun 49% Sep Jan 70 23 7% Sep 7 48 139 26% Jan 14 18% Dec May 21 51 18 31 48 9 32% Oct ACF-Brlll 15 Dec SALE Wednesday Jan. 12 ' Sep 24 64 6% Jan ABC 3 HIGH Tuesday Jan. 11 • preferred Vending Corp 23% Dec 29 5 56 10% July 14 4% AND Monday put Abbott Laboratories 5 29 3% Sep 20 24 30 33 v* Oct Jan 25% Sep 2 24% Nov 47% Jan 112 Jun 25 99 LOW STOCK YORK EXCHAxNGE Highest 39% Sep 22 10 Jan 24 125 2 NEW Range for Year 1953 Year 1962 Lowest FOR EVERY LISTED ISSUE 30% 30% *100% 102 33% 33% 43% 44 *9% 9'/a *3 33 3y4 34 102 ♦101 33% 34 •34 441/4 45 *100% *9Va •3 34 9% 3% 34 447a ♦9% •3 34 30% 102 30% •101 30% 100 21,100 310 1,500 102 343A 34% 343A 1,300 46 45% 46 y2 7,500 9 V« 9'/a 9% 3Va 34 3 34 3 34% 200 300 4,800 11 12 (212) NEW YORK STOCK RECORD 35% May 16 31 30% Sep 5 42% Dec 1 8% Oct 22 27"% Jan 7 8 % Sep 12% Mar 22 23% Mar 27 77% Oct 22 96 Mar 13 77 46% Nov 10 57 Jan 28 48% Feb 3 99 Apr 1 89% Sep 102% Sep Jan Steel & Co Illinois of $3.75 22 23% Mar 25 29 31 Dec 14 29 18% Feb 20 18% Sep 22 % Mar 11 91 Feb 28 15 3 91 Jan 2 Constable 25% Sep Jan 86, Sep 14 50% Jun 23 103 51% Jan 4 58 21% Jan 7 27 Dec 1 25% Feb 97% Nov 6 88% July 94 104% Dec 27 $6 Aug 75% Jan . 83% Dec 123% Dec 23 9 Sep 36% May 15 Nov 19 58% Dec 33% Jan x93% Jan „ 26 % May 1 28% Jun Jan 16 31% Sep 30 44% Jan 30 31% Apr 24 117% Jan 30 94% July 16 *26 26% 26 26 13 13% 13% 13% 31,400 23% 23 % 243% 24% 24% 25 25 25% 25% 3,800 1 18% 19 18% 18% 18% 19 18% 19 18% 19 % 3,200 100 95% *96% 95% 98 95 95 *95% ,100 *96% —10 31% 31% 31% 5% Oct 16 14% May 3 16 7/« Dec 7% Dec 23 4% Dec Nov 3 15 15% Jan Mar 31 17 5 Dec 7% Mar 17 3 13% Jan 3 8% Nov 21 4% Dec 18 42% Jun 26 50% Nov 14 36% Dec 17% Mar 9 '6% Jun 29 22 5% Dec 22 9% Jan 30 4% Dec 31% Oct 16 39% Dec 10 353/4 Jan 83/4 Oct 6 11% Jan 22 8 1st Apr 23 16 Dec 29 65 % Jan 11 73 Nov 24 67 Jun 9 Oct 16 54% Dec 10 38 Sep 14 593/4 Apr 15 % Dec 22 19% Jan 10 11% Dec 29 173/4 Mar 12 15 18 14 39% Feb Jan 23 24% Dec 22 37% Sep 18 3/4 Sep 21 11% Dec 5 9% Sep May 41 7 33% Apr 16 40 Dec 22 16 107 Dec 31 93 16% Oct "22 223/4 Jan Jun. 4 30 Dec 21 Sep 78 prior (T) Convertible 14 Barker Beaunit Mills Shoe (A Aircraft Jan 12 Creek 253/4 Oct 20 31% Jan 14 27 Feb 5 30% May 26 10% May 16 15% Jan 19 10% Dec 29 14 143/4 Apr 28 23 Dec 9 173/4 Sep 15 26% Feb 18% Oct 27 28 Feb 28 1G x91% Feb 13 94 May 22 90 May 21 45 % Apr 24 64 Dec 22 50 Sep 14 38 Dec 1 33% Jun 17 106% Dec 11 Bell 93 Jan 12 4'A% Beneficial 7 Dec 30 7 293/4 Jan 22 22% Nov 25 273/8 Jan 3 36% Dec 15 30 Oct 5 37% Jan 55% Dec 31 443% Sep 15 573/4 Jan 6 139 % Apr 29 146% Aug 26 135% Jun 19 1463/4 Dec 12% Oct 16 9% Dec 31 76% Sep 2 84 Nov 3 39% Mar 12 15% Oct 20 18% Nov 28 32 Oct 16 18% Jan 7 Jan 14 15% Mar 15 22 % Dec 18 18% Apr 14 23 Dec 11 22% Oct 27 253/4 Nov 18 31% May 16 17 Oct 29 41% Dec 23 25 Jun 30 21% Dec 29 293/4 Jan 6%, Oct 31% Apr , 30 ' & 7% Black & 213/4 Jan 5 Bliss (E Dec 15 Bliss & 28% Dec 17 Blockson 50% Dec 21'. Boeing Bolin Airplane Bond 6 11 Jan 13 12 52% Jan 14 613/4 Dec 23 86% Jun 86 94% Jan Stores Co 3%% 11 Dec 21 53/4 Dec 31 21 26 % Dec 31 46% Mar 9 Dec 1 25 Sep 21 33 2 13 2 9% NOV 17 143/4 Jan 25 5% Dec 31 11% Jan 15% Apr 22% Dec 2 19% Sep 15 38% Dec 12 423/4 Feb 24 37 28 Sep 33% Sep 22 30 % Apr 21 395/8 Aug 17 x23 % Nov 10 353/a Feb 4 17% Sep 21 26% Jan 103% Jun 4 9 21 3 11% Oct 31 12% Feb 14 51% Jun 20 63% Dec 3 Oct 23 20% May 26 22% Oct 16 27% July 24 13% Sep 15 17 76% Jan 12 15% Dec 45% Jun 11% Sep 20% Sep 10% Sep 72% Dec 46 Aug * 4 Sep Mar 993% Feb 9 29 21 14 15 83% Feb 59 Dec Shoe $5 Jan" 22% 4,700 11% 26,000 3,200 12.50 pfd common 83% Dec 28 104% Apr 4 14% Jan 8% Nov 13 19% Oct 17 26 30 79 Aug 28 5% Sep 15 86 Mar 16 12% Feb 108 % Jan 4 19% Nov 12 25% Apr 4 24% May 16 1% Oct 28 29 2 20% Oct 7 3% Jan. 22 1% Dec 28 3% Mar 6% Sep 20% Sep 15 24 27% Jan 10 Sep 15 13% Mar 86% Oct 7 46% Jan 22% Jan 9 89 30 2 July 17 Dec 4 43% Jan 19 Xl6% May 26 31% Nov 17 X46 % Nov 25 9% Oct 16% Oct 15 "9 Jan 10% Jan 26 17 Dec 12 11% Jan 7 95 51 Jan- 14 - Sep 5 30 109% Mar 10 16% Sep 15 24% Mar 12 27% Jan - 102 • Brass 54% Nov 24 22 29 34 Jan 56 43% Dec 16 54 Apr 3 Dec 16% Jan 31 8% Dec 18% Jan 30 23% Sep 16% 8ep ; Jan .5 13% Jan 29 14 30 14 19% May 25 May 27 11 11 11% 11% 11% 700 24 24% 24 24% 24 24% 3,100 19% 19/4 19% 19% 19% 19% 19% 19% 19% 19% *90% 94 *90/a 60 61 60% 38% *110 1 39 10 39% *110 1 1 14% 145 14% 14% 145 145 u 1 20,000 • 24% 24% 24% 31% 31% 32 32 % 51 % 51% 51% 52% 24% *144% . 10% 3,400 116 1 % 9% 146 145% 146 1,200 1 2,000 36,100 700 10% 10% *67 68 67 67 36% 37% *37% 37% 37% 37% 1,900 18 14% 10% 68 18% 18% 18% 18% 18% 5,700 6,800 14% 14% 14% 14% 7,800 60 15 15% 25 25% 25 25 24% 24% 24% 24% 24% 24% 28% 28 28% 28 28% 28% 28% 28% 29/8 9,600 46s,a 47 47 48% 48% 49% 48% 4u% 49% 49% 24,200 1,700 5 .. 700 20/2 20% 20% 20% 20% 20% 20% 20% 20% 21% 25% 24% 24% 24 24 23% 24, 24% 24.%: 9% 8% 8% 8% 8% 8 *7% 8/2 820 13% 13% 13% 13% 13% 13% 13% 13% 13% 13% 5,500 12% 12% *12 12% 12 12 12 12 11% 11% 61% 60% 3,000 3,400 76% 5,400 5 • « 61 5 76 *93% 49% 61 61 61% 76 76% 93% 93% *93% 94 *93% 94 *93/4 49% 49% 49% 49% 50 49% 50 50/4 75 61% 61 61 77 6% 6% 27% 27 27 27% 25/2 25% 25% 36 *25% 6% 6% 23% 24 Va 6% 6% 6/2 75 76% 60% 75% 75 320 200 94 50% 3,400 2,300 6% 6% 6% 6% 6% 2.7% 27% 27% 27% 27%- 26 26 26% 26% 26% 1,400 6% 6% 6% 6% 6% 7/4 4,500 24 24% 23% 24% 23% 24% 24% 24% 11,000 18,100 36V4 36% 36% 36% 36% 36% 36% 36% 38 38 38 38 38% ,381/3 38% 38% 4,100 21 % 21% 21% 21% 22% 21% 22% 22% 22% 15,600 *94% 951/2 *94% 96% -94% 96% *94% 96% *94% 26/4 26% 26% 27 27 % 27% 27% 27% 27% 27% 11,400 53 54 54 54 55 54% 55 54% 55/2 6,600 12% 12% 12% 12% 12% 12% 12% 12% 12% 13% 5,200 61 61 61 60 60 60% 60% 60% 60% 13% 13% 13% 14 13% 13% 13% 13% 13% 14% 1,900 22% •' > 36/4 38 21 % 100 36% 38 2.50 22% 22 22 % 22 22% 22% 22% 22% 23% 5,700 12 8,200 *52/4 *60 No par 11% 11% 11% 11% 741/2 74% *73% 74% 56% 56% 56% 11% 11% 11% *74 (.74 % IU $56% 57 56% *29 • f 26 26% 26% 26% 27% 37% 37% 38% 38% 38% 38% 600 10% 10% 10% IO/2 10% 10% 10% 28,000 82% *81% 82% 82% 82% *81% 83% *81% 83% 73 *68% 73 *68% 73 *63% 73 16% 11% 16% *11% 119 73 16/4 12% 12% 119 119 *103% *79% 8 8 17% 105 17 *17% 22% *22% 22% 1% 1% 1% 7% 7% 7% 7% 21% 12% 90% 21 % *103% 17% 12% 119% 100 38% 310 12 12 12% 12% 12% 2,800 80% 79% 8% 79% 80 % 80% 120 8% 8% 8% 8% 2,400 17% 17% 17% 17% 18 *103% 105 1 *118% *21 12% 90% 12% 105 22% *103% 22% *1% 17% 1,000 23 23% 23% 2,000 1%' 1% 1% 1% 2,800 7% 7% 7% 8 *21% 21% *21% ' 21% 12% 13 92 92% 92% 92% 12% 92 90% 52% *52% 53% *22% 22% 22% 22%*' 22% 22% 46% 46% 46/8 46% *46% ' *52% ' • 53% *22% 21% 13 13 22% 10 17% 12% 52% 1,600 22% 7% *22% 22% 105 300 17% 91% . 119 17% 1% 7% *21 21/2 12% • 17% 91% 9 12% 17% - 70 13,500 38% 80 17% 12% 16% *118% 12 8 16% 38% 11% 17% 16% 38% 80 8 *11% 12% 119 II/2 80 16% 38% 22% 1% 22% 7 52% 52% 52% *22% 23% *22% 22% 22% 22% 23% 46% 46% 46% 100 430 120 23% 22% 5,500 16,400 4 ' 53 ' 9 9% 9% 8% 5 28% 28% 28% 28% 28 lo l7y4 17% 17% 17% 17% - 16% 38% 17 • *68% 16% 39 *38% 17/4 104/4 104% No par Mfg Co 7,166 25% 38 8 8 1 r 26 17V4 25 Co 30 10% *79/4 „_l Inc *29% 11% 50 No par 100 (The) 2,800 29% 38 *119 121 38% 38% 11% 11% 10o 100 Mills 300 59% *68/4 16% 15 Ry 74% 53% 25% 100 5 11 % 74% 58% 10% 10% 1 Packing Corp 11% 74% 38 % l 5 _! 700 26% 25% *38 5 100 pfd preferred 96% 82% 10 — 1,500 6% 6% 1 Co Inc Pacific 8 94 26% 1 common (Philip) 4,400 39% *111 116 lit 63 39 39 % *110 600 94 28 No par Capital Airlines 145 62 2,000 25 8% common.. prior -Carborundum 62 39 115 1 *90% 94 61% 39 % 115 1 , *90% 61% 17% No par Carey 39 *11% 94 37% $4.25 conv preferred Canada Southern Ry Co. Cannon 61% 17% 25 preferred Canadian *90% 36% Canadian Breweries Ltd - 38% 94 61% *110 115 1% 24% £4% - Campbell W & C Foundry No par Canada Dry Ginger Ale com..1.65% 3 29- 10% 23% 15 Calumet & Hecla Inc 29 5 10% 23% ..—100 California Dec 24 10% 23% 30% Inc—1.23 Callahan Zinc-Lead 27 22 17% Apr 21 Jan, 11 10% 23% 2,500 33% 30% 30 10 No par No par Club 2 30 30 17% Corp A— 2 Jan 40% Mar 31 20 For footnotes see page 22. 27% Mar 20 102% Oct 29% 30 36% — Terminal Bldg 7% 4/2% 9% Mar" 2 7% Apr 29 29% Butte Copper & Zinc ; 5 Byers Co (A M) common No par 7% participating/preferred 10o Byron Jackson Co 10 26 14 29% 17% Co 5% 16% Dec 30 40 Bush 3 29% 9% *33 2.50 Bush Terminal Co Jan 82% 10% 33% No par 9 Bros *80% 10 *33 com 3 Butler 82% 10% 33% 7.50 3%% preferred Burroughs Corp 16 *80% 10% RR— July 15 15% Feb 82% 20 *32% 36% 11 11% Sep *80% 10 116 31 2,800 10/s No pur 8 2 11% May 1 78% Jan 12 14/4 33% preferred new conv 500 14% 82% 10 3 Mar 100% 10/a *67 30 Dec 100% 101' *32% 10% Jan 15 42% 112% *80% 66% 17% Feb 40 42% *111% 10% 10 78 146 42% 33% 66/2 14 6 90 38 114% 82% 10% 10 9 40 10% 67% Jun 16 42 *111% *80% 10 67% 13% Sep Dec *37% 14% 100 1951 67 Oct 38 51% 18 Jan *37% 31% 31 • 900 24 % Dec 35 13/a 14% 50% Apr 18% Jan July 13' 14% 31% 7 393/4 Sep 14% Dec 13 14% 24% 91% Jan 129 5,800 14% 50% 10 28 48% 14% 31% Jun Apr 46% 14% 24% 74 Apr 26 100 46% 100% 50 % 14 33 3,400 *68% 16% 69% 100% 24% 92% Apr 118 18,800 40% 42 31% Bulova Watch 7 100 20 % 16% 12% 114 .50% 145% Burlington Mills Corp common 4% preferred 143/4 100% *111% 313/4 ' 31% 2 2 100! 42 110% 100 50% 145 2 22 110% 19% 40% 17 *32% 1 Jan 25 42 112 19% 40% 14% No par com 43 % Mar Jan . 19% 40% 100 17 Dec 47 19% 40% 10 29 12 41% 19 40% 10 22 16 41% 19% 40% J 10% Dec 84 100 100 353/4 Jun 8 38 41/4 *109 2.50 1 Jan 17,800 11 3 76 8,200 8% 22 14 84% Jan 900 5 43% 8/2 llJ/8 issued" Bullard Co 5 42% 8% 22% 18% 40% __10U Co 5 43 8% 11% Co Forge 4% 42% 8% 22% Bigclow (The) 5 43 37% Dec Nov" 16 8% 11% 193/4 Jan 31% 42% 8% 400 38 22 403% Feb 2 5 42% 8% 38 38% 11% 7 17% 5 42% 8% *373/4' 37% 7 20 *4% 4% 43 37% 22 14% Nov 16 37% 11% 36% May 16% Dec 22,200 37% 22 preferred "When 600 5% 37% 37% 4% 37% Co conv & Buffalo 16% 5 21% preferred—100 Union Gas cum Budd 6 18 *16% 4% 11 Inc 15 Brunswlck-Balke-Collender—No par Bucyrus-Erlc Co 5 163/4 Mar 25 3 15 15% 16% 100 Brown 22% Mar 17 28% May 20 *14% 16% 5 1 Maine Brown 13% July 20 66% Jan 5 15% 16% 4% 37% Roller 5% *15% 16% 4% 11% preferred Brooklyn 15% 16% 43/4 *15 21% Bristol-Myers Co common 3%% preferred ^ 20 *15% 16% 5 10% Bearing Co 5 Braniff Airways Inc 2.50 Bridgeport Brass Co 5 Brlggs Manufacturing Corp..No par Brlggs & Stralton No par 2 27% Jan 25 5% 15% 17 15% 21% (The) ai 80 600 5% *37% preferred Edison Bower 7 54% Dec 9 59% July 14 13% Nov 4 50 26 41 91 May 28 22% Jun 15 81% May 29 7 Feb 5 27 % Jun 543/4 May 29 5% 10 Common 25% Mar 10 Jan 7 18 Jan 5% —No par Inc Boston 13% Mar 19 47% Feb 39% Nov Jan 5% 13 Borg-Warner Corp common 12 50 & Ami Co class Borden 16 Mar 25 25% Jan 95 5% 12% Co Book-ofrthe-Mont.il 24% Oct *5% 12% Class B— Boston x50 5% *12% Co 143/4 Aug 13 Nov 21 *5% 12 % 1 15 35 5% 12% Co 12% Sep 143/4 Peb 10% Nov 13 17 37% __l Chemical 1 18 *16% 37% 107 ,10 Laughlin Inc 12% Mar 121 48% Nov 17% 373/8 46% Mfg Co 29 % Mar 18 643/4 Sep 15 15 108 *16% *106 47% (Delaware) 2 82 *106% 17% 46% ^ 100 Carpet (Dei) com.5 14 95 % Apr 37% 105% *16% 45% (Del) 15 9 2,300 37% 104% 17% 45% Corp Co Aluinlum 37 104% 69% 1 W) 363/4 *16% *68% . 6% Dec 8 37% 290 69% common 16% Sep 21% Jan 61% Jan 7,800 *68% 5 Decker 12 % Sep 3 29 1 2 89 % Jan 33 Co preferred J9% Sep 15 22% Sep 15 36% July 13 Mar 29 69% Corp 543/4 Aug 28 Dec 15 9% May 17 493/4 Jan 3 29 *68% — 11% Mar ' 29 68% 100 16% July 6 29%, 29 50 4%%. pfd series of Bon 29 50 Blgelow-Sanford 3 15,300 96% 68% *44% 1 Blaw-Knox 23/8 Mar 29% 96% *103% 8% .100 Corp Co 38% Aug 26 22% Mar 11 27 29% 97 56% *16% Foods 15% Sep 14 15 200 29% 96% 17 4%% Loan Best 15 59% 29% 97 *16 Aviation Best 13 16 56% 29% *96 17 common Bethlehem Steel 16 Jan 82% Jan 8 *56% 56% 28% 29 10 11% Jan 25 15 12% Nov Oct 63 58 96% 36% 104% 17% 4% 37 % pfd $3.25 ser of 1946.No par Benguet Consol Mining Co—.1 peso 20 1 25 29 29% 17 3 Cum 5 29% Mar 46% May 28% *16 preferred 393/4 Dec l3/4 Jan 56% 30 4,000 19% Corp Howell & Bendix 112 30 90% 17 RR Aircraft 68 % Mar 20 17 89% 40 Belding-Heminway 22% Mar 13 1 5,100 95 89% 89 95 18% Beech-Nut Packing Co Bell 89 2,500 30% 95 *94 56 30% 40 preferred S) Beech Beech 2 87% 95 88 *55% 30% *16 Inc 163% Mar 20 Mar 16 *94 55% 50 preferred 33 % Jan Jun 5 100 common 9 Beck 95 95% ■ preferred—100 common prior conv May 19 % Dec 36% 104% *16% 5% *14% No par 4%% 9 93 29 No par Amer of common 33/8% 31 1 *96 100 Beatrice Foods Co common 7 1% Mar Co Inc.— 17 14 *56% 97 No par ($1.20) Works Cigars Oct 19 58 28% *96 No par preferred Iron Sep Jan *56% 28% 10 20 1 7 8 86% 5 (The) Brothers 4%% 29 *93 100 B 4 863/4 May 80 290 Lines- SS Barber Oil Corp 16 1% Nov 14 I pfd series A 5% 87 87 86% series Ohio & 33% Jun 29% Jan 86 Inc 17 Oct *93 No par preferred conv 14 . 29% 100 W pref 12 30 55% 29% (voting) 78% Feb Apr 7,000 94% 55 % 29% noncumulatlve 4% 9" 96% 95% 55% 42 3/4 Dec 22% Mar 95 94% Bath Dec 3,100 94% Bayuk 100 32% 293/4 1123% Dec 90% July 28 14% Dec 28 32 553,8 H"/« ret) .27 5 32 293% 253/a Mar 19 34% May 20 94% Apr 32 55 Bangor & Aroostook 18 32 92% — Mfg Corp $2.25 7 31% 29% 95 Corp— Nichols- common. Conv 76% Mar 17 31% 92% Taclc Avco 22% Mar 17 98 RIt— Automatic Canteen 48% Mar 25 9% Feb & convertible 4% 303/a Mar 19 29 36 Gulf Baltimore 29 96% 98 55% 4% Dec 96 97% 29% 42% 18% Dec 95% 97 92% 1 39 ' 95% 55% Babbitt 26 900 1,000 96 10 Babcock & Wilcox Co (The).Nopar Baldwin-Lima-Hamilton Corp 13 23 % Jun 6 96 50 16 29% Dec 23 49% Nov 13 *5% 96 —50 Electric 21 20 6 98 Co. — 1- City 11% Mar 26 20 20% May 23 Cor Jan 7 ' 5% Powder— Austin 17 % Feb 42 . liquidating distribution.: Refining common. 9 36% Feb 18 preferred— 453/4 Dec 14 5% Topeka & Santa Fe— Common 6 5% Corp— —~ preferred Coast Line Atlas 8% Feb 26 52% Feb 26 14 Sep Goods ; 2nd preferred 7 16% Mar 13 17 12% Apr Jan 27 15 28 Dry Atlas Corp 108% Mar 18 4 30 26 Ex 36% Mar 27 2 24% Feb 300 13 Atlas 102% Oct 740 16% 12% Preferred $3.75 2 99 114% 16% 26 Atlantic 22 30% Feb 1 114% 17 *16% 3,900 5% 4% 2 89% July 100% Jun 24 30% Jan 26 2 114% 114 16 1,500 57% 12% Atlantic 16 14 114% 16 89%. 96 26% Atlantic 2 25% Sep 8 114% 89 5% Common 97% Mar 25 119% Jan *95% 12% Preferred 30% Nov 30 29 57% 95% 26% Associates Investment 5 8 57% 5% 6% 13 18 89 95% 26% Atlantic 49 31 Jan 57% Jan 89 57% 95% 12% Atchison 15 Jun 13 73% Feb 88% 57% 12% 23% 5.25% 22 Mar 25 32 88% 57% *94% 26% Oil & Common 99% Apr 22 25 16% 5% 88 2.50 Industries, Inc Ashland Mar 27 100 2 19,300 Refining Co_. 1 2nd preferred $1.50 series__No par 6 18% Mar 25 Associated 89% Sep 92% July 9% 16% Arvln 22 938 114% IOV2 Mar 26 Aug 18 9% 114% 32% Jan 22% July 25 101 Dec 16 98 Jan 23 22,100 9% *16% 14 15 16% Oct 36% 9% 115% 16% 11% Sep 32% Dec 35% 9% 115 25% Sep 9% Dec 6 1,300 35% 9% 9 9% 57% 19 24 18% 95 31 7% Oct 18% 57 preferred—No par Corp 5 Artloom Carpet Co Inc No par 25% May 18 34% 88 27% Dec ' »173/4 87% convertible $4 18% 34% 94% 2 Arnold 18 343% 88% 58% 23 Shares 18 34% 94% 19 % Jan 31 Dec 19 Jan. 15 17% 57 117% Dec 22 the Week Friday Jan.14 33% *94 21 3 16% Jan Sales for Thursday 18 No par 16% May 23 5 % Dec 30 116% Jan 22 107% Nov PRICES 34% 9 No par No par preferred SALE Jan.13 18 5 com HIGH Wednesday Jan. 13 11 33% 5 10 Corp Armstrong Cork Co com 7 Jan. AND Tuesday Monday Par $6 conv prior preferred 59% Dec 29 97 STOCK OH Corp Armour Mar 25 93 24 15 Sep Armco 5 12% Mar 26 9 92% Jan Argo 43% Jan 14 14 15 Sep YORK EXCHANGE Highest Lowest Highest 15% Oct NEW Range for Year 1953 Year 1952 Lowest Continued—Pags 2 LOW STOCKS Ranee (or Previous *46 46% 600 9% 9% 7,600 28 9% 28% 17% 24,000 28 28% 28% 4,200 17% 17% 17% 18 2,000 9^2 - ... 9% Number 5291 Volume 179, . . (213) Financial Chronicle .The Commercial and Continued—Page 3 NEW YORK STOCK RECORD Lowest Highest EXCHANGE Highest 20 41% Dec 10 34% Jan 10 45 Dec 9 30 53 % Jan 28 39 Va Sep 14 49 Jan 16 Carpenter Steel Co.. 21% Jan. 23 36% Dec 4 34% Jan 2 487/a Dec 14 Carrier 20 14% Dec 3 Feb 34 ,39% OcG 10% Feb ' 15% Sep 2 15% Oct 30 1(1% MaJ- 18 19% Feb 19 20% July 27 9% Feb 14 4% Sep 15 7% Feb 26 35% Dec 8 26% Dec 31 41>% Jan 22 Central 68% Dec 8 59 % Sep 15 73% Jan 30 18 14% Sep 16 25 Jan 5 142 154% Aug 21 111% Dec 24 143 Jan 9 Dec 31 45 % Sep 21 65% Jail 2 66 2 104% Aug 3 99% Jan 33% Oct 33 5 131% Dec 15 % Oct 24 Oct 15 * 16 , Oct 6 23 17% Jan 7 Jan 17 ■ 47% 36 8 Jan 2 Dec 24 &65% 98 Dec 22 Aug 18 35% Jun 2 110 class A 25 17% Jun 20% 24% Oct 9 14% Sep 28 % Feb 24 Central 20 24% Oct 9 14% Sep 28% Fell 25 Class 16% Apr 17 20:% Dec 1 18% Jun 23% Dec 10 Central & 10'/a Dec 17% Mar 16 Central Violela 21% 29 15 % Dec 31 21 Feb 6 Apr 3 10 Jan 2g 6% Dec 8 19% Oct 8 Feb 58 •/* 9 Dec *34 13% Oct 23 16% Apr 1 11% Sep 14 33% Oct 28 42 Feb 8 30 Sep 15 1 30 July 24 26% Jun 16 92% Jun 22 - Co Belt Cham 3 Feb Jan 18 105% Oct 5% Ocl 23 8% Jan 17 4% Sep 15 May 17 34 % Jan 26 25% Dec 31 31% Feb 2 39% Dec 10 32% Sep 15 81 % Jan 4 88 85% Oct 16% Feb 20 - 28 33% Jan Dec 23 80 Jun 3 23 12 Sep 15 J un 20 21 Aug 31 22% July 22 27 15% Feb 20 21% July 20 28 % 1 27 231/4 Mar 13 20% Mar 17 17 12 % Mar 1 34 % Dec 7 20% Jan 6 34% Jan 21 6 44% Aug preferred series A : 100 Chicago Pneumatic Tool com_No par $3 convertible, preference—No pur Chicago Rock Isl & Pac RR—No par " 5% conv preferred series A—100 Chicago Yellow P'ab No par Chlckasha Cotton Oil JO Cliilds Co common 1 Jan 16 32% Feb 20 42% Dec 30 30% Dec 30 45% Apr 24 56 % July 23, 41% Oct 6 62% Mar 19 61% Apr 28 75 July 25 59 Aug 31 82 % Mar 19 59 15 ; 9 72 Dec 23 Oct 6 81% Jan 11 95 Nov 3 897/a Jun 25 8'/a Sep 18 12% Feb 6. 7% Oct 13 18 8. 10% Sep 22 14% Feb 1% Dec 18 3% Feb 13 Oct 27 2% Oct 30 Nov 14 29% Nov 5 , 10 4 % Mar 12 , Jail 95 , 9% Jan , ; 13% Feb (i7/a Oct 13 Dec 29 39 58% Dec Mar 12 13 48% Jan 25 12 29 96% Jan 22 . convertible preferred 5% t Chile Jan , 94% Jan 2 19 2 4 91% Jun 25 102 35% Jan 22 55 24% Jun 27 16 30% Dec C 70% Oct 6 95% Jan Cities Service Co— 15 14 % Jan City Gas Cincinnati 31 % Jun 4 89% Oct 22 Jan 103 Dec 37% Dec 8 9 Jan 92 114 ;vJan 28 14% Dec 21 9'A Sep 30 Oct 102 . 26% Dec - 90 7 . t 40% Dec . 12 JFeb 7 5 114Q' . 74% Jan 1 Sep , Dec 48 % 15 2 14% Dec 28 17 72% Dec 28 5 City v 44% Jail Apr 4 Dec 29 Mar 24 152 80 80 % Nov 30 90 Jun 100 ^ Apr 172 10 Feb 47% Jun 9 56% Sep Aug . July 14 12„ 19 109% Jan 105% Mar 12 14 37 Va Jan ?6 75 3 41 Sep 21, 44 % Mar 19 18 Sep 16 25% Apr 29% May (il 39 Va Dec 9 ' 33% Sep 11; 43 % Mar 20 2 22% Jan 19 29 % Oct 89-% Jun 12 97% Nov 25 65% Jan r » Dec 29 , - Sep 44 f 18% Mar 18: 25 '/• Jan , 81% Apr 91 3% Oct * 24 24% Oct 22 136% Aug 3 130% Jan , * -;Jan 18 6%; Jan 2 32% Jan ' 4 r3 . ;7 Feb 78 4 13 ;-j , •„ 29 125% Feb T Oct Jan 20 Dec 17 892, v 1,000 1,000 31 31% 8,000 68% 69'A 3,500 12% 12% 3,300 39 % 31% 32% 31% 39% *105% 106 Va 31% 70 % 70% 69% 69% 12% 12% 125/8 125/8 38% 38% '?9 39 *105% 1 106,% 106% 20 20 20 16% 16 16 *16 16 % *16 20 16% 16% 16% 16 16% 16% 16% 23% 23% 235/8 23% 23% 10% 10 5/e 10% *10s/8 10% 23% 23% 23% 10% *10% 10% 10% 21% 21% 12% 12% 127/8 33% 33% 34 ' 100 100 6% 100 22% 22% 8,800 12% 13 12% 13 % 13'/a 13% 8,900 34% 34 34 34 34 . 33% 33% 600 33% *100 »A 102 *100% 102 1,300 120 102 5% 5% 5% *26% 27% *26% 27% 100 34% 345/a 34% 34% 35% 11,300 84% *84 % 85% 85% 85% 5% 5% 26% 26% 26% *26% 27% 34% 34% 34% 85% 84% 5%' 5% *84 7 33% 33% 33% *100% • 5% 85% 300 6% 22% *6% 5% 34% 700 11,000 22% 7 *33% 33% *33 33% 100 '■ 22% *6% 21% 600 16% 213/4 7 *6% 7 1,800 2,800 20 19% 23% 23% *105% 1,000 400 15% 15% 15% 16 16 15% 15 3A 15% 16 2,100 24% 24% 24"% 24% 24% 24 24% 23% 24% 2,200 18% 19% 18% 19% 15,200 19% 19% 19% 19% 19% 20% 19% 18% 18% 18% 18% 18 5/8 18% 19 19 1,200 28 28 28 28% 28% 28% 28% 28% 28% 1,100 14% 14% 14% 14% 14% 14% 14% 145/8 14% 14% 1,700 6% 300 10% 10% 10% 10% 11 10% 11 11 11'A 9,600 44% 44% 44% 45% 45% 45% 45 45% 4,600 *5% 6 6 6 6% 6% *6 *6V8 6y9 10% 10% 10% 10% 10% 10% 10% 10% 11% 5,100 30% 30% 31 31 % 31% 31% 31% 32 32 2,^00 46% 46 46% 46% 46% 47 47 47 47% 1,900 64 *60% 63% *61 63% *62% 63% 63 63 63% 64 64'A 63% 64% 63% 64% 5,700 93% 93% 93% *94 943A 943/4 94% 94% 95 1,800 8% 8% 8% 8% 8% *8% 85/8 8% *12% 12% 12% 12 2 2% 2% *2% 2% 2% 7% 7% 7% *7% 8 7% 59% 24 23 23 22 % 24 59% 60% 60% 61% 60 Va 61% 45,000 21 21% 21% 21 y8 6,800 22 98% 99 99% 99'A 47% 48% 47 47% 473/8 , 29% 28% 29% 29% 295/8 78% 79% 78% 80 80 81'A 10 % 10% 10% 10% 10% 100 —No.par .—5 Elec Illuminating com.Nopar li No par Cleveland dc Pitts',RR 7% gtd—.50 Special ,guaranteed 4% stock—50 Clevite Corporation' —— 1 Climax Molybdenum——— No par — Foods Xno common 1 cum conv preferred 100 Corp' —A--— 1 duett Peabody & Co com-—No par 7%.. preferred. 100 4% cumulative 2nd preferred—100 Coca-Cola'Co (The)~-,No par Coca-Cola Inlernal'l Corp—-No par v 103 104 28% 28% 28% 28% 15%' 15% / 15% 15% 75 75 34 34%" . *33% *165 180 90 54% 1,500 153/8 *15% 15% 15% 15% 1,400 44 100 20% 7,900 Va, 6,400 27% 7,100 19% 20 19%' 20%, 20 38 % 38% 38%: 38 38 27% 27% 27% 27%; 27% 97 97% 96 97 27% 96% 96% *2% 2% 34%* *132% 134 132% *88% 90 *88% 34% 132% 34% 345/a 132% 132% *132% 117 117 117% ,97 530 . 2% 2% 1,200 34 Vn 34% 4,500 133 90 133 , t *89Va 90 90 5,200 118% 117 117% ; *900 *880 *880 >880 *96% 134 " *89 90 *88% 90 117% 117, 2%; 34% 2% 34% 2% *2% 30 120 42 Va 42% 38% 2% 117% 43%; 19% 97% 116% *42 3,900 73 *71 43% " 108% *108% 73 38% 19% 28% *880 108%J. *71 90 54% . 37%: 96 34% : x53% 73 1,800 180 *85 * 54% 108% 108% *42 27% 34% 55 54% *108 73 27% 2% *165 90 54% 160 76 33% 33% 33% 33% *85 *42 • 75 74% *73% 743/4 333/4 90 54% 80 106 28% *85 108% 700 10 Va 10% *102 180 54% 19% ' 10 104 *165 *71 37%'' 10 180 72 19% 13,100 350 28% *71 37% 82% 81% 81% 80% *165 44 70% *42 19,100 •28% 33% 34 *107% 54% 108 29 % 90 *85 108 29 180 *165 *85 5,100 29% 28% *733/4 76 *75 49'A -28% Xl5% /*' 99 48% " 28% ■ 21% 98% 48% 104 104 *103 103 , . 21 Va 99% 28 3A 48% 21% 99% 48% 100 28% *102 50 24 21% *10 3,600 21% 24 60% 98% 5 * 3,500 9% '60% 24 25 59 % 900 2% 8% 8 5/« *24 13 '/a 2% 2% 7% 400 8% 13 13 13 13 64 *61 2 • July 24 800 % 5% 20 5% *16 16 * ^4%% Dec 89 16 % 16'/a *20 53% *16 16 16 12 Clopay 4 20 *8% Clinion 9 34% Dec '21 Jan 107 874 3 Jan , 15 Feb, . 136" 128% Sep 8 117% Jun 88.' Dec 75 fl02~ 5 Sep 14,28% Apr 6 2 Mar 23 75 15 70% Dec 16 Va *5% 93% 10 Co. .common- Stores $4.50 preferred * . 16 20 5% 62% 4%% convertible preferred 100 Clark Equipment' Co new 20 C C C & St Louis Ry Co com 100 5% noncumulullve preferred—100 Cleve 54% Nov 24 16 110 16 % 20 5% • City Products Corp^i— , , 83 % Feb Oct 31 155 48% Feb 21 33% Mar 2,800 100 Investing Co common 5 % % preferred Jan 10 22 July 18 14% May 12 79% Nov - 10 17% *61% Milling Machine Co—10 Financial Corp No par T 17 45% Cincinnati I 16% " : 4%, preferred : Dec , Electric--- & Common , Jan 102 Jun 95 14 33% July 4*: 28"% Jan '' 22% Dec 16% 10% 25 25 : 2,800 16% 30% 25 Co Copper Chrysler Corp t 30 71 20 1 20 19% 20 100 Western com—No par 17% Jun Dec 98 68 % Feb 70 45 5% 6 ' 106% 10% No par pfd series A noncum 5% 76% May 27 49% Jan Jan • Clilc & North 10% Dec 70% 28 2 40% Sep 26 70 112 69 3A 18% 51% Jan 23 20% Apr 12% *105% , 21% May 21 51% Dec 71% 12 Va 20,800 19% 112 24% 15 27 32% 70% 12% 19% *102Va 19% .112 70% *16 < 20% ; 103% 200 15% 30 *39% Feb ' 31 % 70% 34% No par Pac & 31% 20 6,300 16% - 5% *84 6 Paul *5% *26 13 St 5% 5% Jan Milw 16% 33 Jan Class 13 *15% 16 20% 100 10 Chic 16% 33% 18 14 16% 12% 22% Jan 10 Mar 19 16% 50'/a x49 % 103% 19% *110 110 120 69% 69% *6% 31 18 24 69% 120 50 103% 19% 112 *110 70 49% 49% 19% 112 120 120 104 *103 19% 19% 21 29 Sep 10% Dec 15 48% 48% *110 120 120 104 *103 19% *10 Dec 17 28 17.000 120'A 48% 114 16 5% Dec 12 18% Dec Oct 7 1,500 16% 106% I Chicago Great Western Ry 18% Oct 13% 16% 120% 19% (The) Corp 505/a 13% 16% *105% 1 com__50 5% preferred — 50 Chicago Ind & Louisville Ry cl A_25 Chicago 5 27% Oct 1 1 21% Mar 24 16 Oct 17 12 18 % Feb 2 50 13% 16% 38% 1.25 Manufacturing 50% *13% 16 % *38% Chesapeake Corp of Virginia 5 Chesapeake & Ohio ity common 25 3%% convertible preferred 100 Chicago & East 111 RR com—No par Class A 40 4 * 17% Jun 7 Dec 28% Apr Checker Cab 495/8 13% 15% 38% • No par , preferred $4.50 7 % Mar 27 ' 23:!ii Dec Common 30 41% Feb 98 21" 34% Dec " 3 103 % Jau 23,400 49 3/4 13% 38% Champion Paper & Fibre Co— 22% May 200 ' 1 10 - 42% 49% 70% No par Corp ?42 13% 12% .—-.J.—5 Products Cerium-Teed 2,800 42% *42 16% 31% - 9.50 Co__ 49% 1 41% 41% 41% 300 109 *108 108% 41% Shares Jan. Id 15% 48% 5% 5 Corp West Siigar Pasco Corpi. iCerro.de 5 15% Mar 20 37 South 42 20 % 50 1 ii Century Ribbon Mills 9 % Mar 12 38% Jail* lilt Co of N J 42 15% 50 Nov 5 Feb 15 42% 16% 100 10 15% Feb 19% Oct » 41% 69% 100 preferred Central Illinois Public Service 2 Mar 19% 41% *13 103 103 108 41% 41% 48% *110 107 107 107 *42 122 48% Elec 4%% 6 Jun . 16% *120% No par .Central Illinois Light common—,.* 42% Mar 25 16 Jun 13% 15% No par Georgia Ry of preferred series B_—. 5% Central Hudson Gas & Mar 27 13 11 % July 14 97 5 Jun 19% Mar 25 40% 24 104 6 133% Jan 13 \ 29 Apr 38% Jan 24 110% Oct 10% Jan ' Jan 29 D«c J04 2 19 % Jan / 17 % 19% July 30 23 18% Dec 2 26 110% Jan 6 24 96 % Jun 7 51% Jan 150 % Feb Nov Feb 105 7% 49 13% 2 30% Apr 3 42% 48% 28 21 Nov 94% Corp 20% Mar 12 Oct , common Genei'al & 107 41% 42% 5 10 1 12.50 100 10 (J If Case Jan.14 108 the Week Friday Thursday Jan. 13 41 Co common preferred ———— Caterpillar Tractor common Preieired 4.20% i 100 Celunese Corp ol Amer com__No par 7% 2nd preferred--—i—w, 100 4 % % conv preferred series A_10() Celotex Corp common —No par 5% preferred :—— 20 Central Aguirre Sugar Co 5 Central Foundry Co 1 ,22 47% Jan Corp Carriers 14J,u Mar 27 12% Sep 24 Wednesday Jan. 12 "107 Ohio Ry_100 Carolina Power & LightNo par 5 lib 9 Sales for PRICES Tuesday Jan. if Par , Carolina Cllnchfield & 113% Mar 19 103% July 20 Aug 104% Jan SALE HIGH Monday STOCK YORK NEW Range for Year 1953 Year 1952. Lowest LOW AND STOCKS Previous Range for ■ l • " ' <■ 40% Jun 23 47% Deo 87 / Jan - (2 95 * 38% Dec 23 24 * 17 Oct 16, 22% July 22% Feb : 4t : Jan 18 59% Mar 27 39 Jan 38 Jan # 17% Oct 15 20% Mar 17 66 % Mar 24 2 7 . Colorado & Southern 90 :• 3 I Nov.; 5 24% Feb 27 31, >14% Sep 14 43 Dec 23 t 13 - Colgate-PalmollVe Co com—No ■ $3.50 ;prererrCd—— —No Colliiie & Alkmajl Corp——No Colorado Fuel IronA -.—No 47% Jim , 8 Jun 80 Apr" 9 Dec Ry com 39% 88% 88% *88 89% par 13% 14 *13% 14 par 100 •' 40% Feb 1 38% Jan 50 % Dec 2 4 39% Feb 1 38% Jan 9 50% Dec 2 13% Oct 29 16% Jan IX 12% Dec 7 15 5 Columbia Gas System Inc 10% Dec ' ;3i 32% Jun i ,5' 13% Jan 19 11% Jan 29 Nov 26 59% Mar 6 33; Jun 561/a Jun 60 2 Deo 12 Nov 28 47 63 11 .< 37 3 61% Apr 2 Nov 14 27% Aug 13 44% Jan 30 34% Oct • 20 38% Aug 17% Oct 30% Jan 27, 35% Jan 11 16 2 34% Dec 31 42% Jan 20% Jan 37 « 32% Jan 35% Dec 6% Dec ; Dec 22 4^ 59 8 4 i Sep 1 65 8 Sep . 15 ; - 4% Mar 24 % Mar 24 Jan, .. 29 27% Dec 11 48% Dec Sep 18 38% Jan 8 Sep 15 22 % Jan 2 32% Jun 17 37% Dec 2 7 31 3 103% Jun 2 109 % Jan 31 Nov 25 105% July 15 16% Jan 18 10% Aug 13 11% Jan 23 16 64% Feb 4 39% Dec 12 2 16% Jun 12 89% Dec 18 16"% 16% 37% 37% 37% 37% 37% 37% 37% 38 37% 37% 37% 37% 37% 37% 37% 22% 7% 6% Ex stock distribution— $5 — Coppermines Corp—5 7% 7% Y com—-No par 41% 42% No par preferred 108% 108%, Elec Light Gas 26% *107 Jun 10 102 Mar 26 Preferred 4% —100 100 99% 99% 13 16 Corp—1.33% 13 12% Dec 11 Jan 48% Jun 17 Sep 5 Consolidated 16% Apr 24 13% Apr 27 series C Grocers 58 Jan 2 14 5 Consol RR of Cuba 6% pfd Stores Inc 15% Sep 15 22% Feb 3 Consolidated Vullee 35% Apr 23 40% Nov 2 Consumers Power Co com 19 109% Jan 99% Jun 18 9 8 36 Jun 17 93 Jun 23 Jan 30 102% Feb 11 45 25% May 21 4 18% Jan 2 7 31 89% Sep 23 95% J"n 4 45% Jan 13 58 % Nov 6 92 87 May 20 97% Jan 8 Nov 6 Jan 5 99 Jun 16 108% Sep 16 117 Feb 8 112% Jan 16 $4.52 133 , *,■ $4.25 Co Inc 13 54% 55 18% 19% 700 1,600 6,000 22'A 22% 2,000 21% , 22 21% 2,500 8% 4,500 42% 42% 42% 12,800 108% 108% 108% 1,300 27»/a 9,500 8 8 1 10c 1 26% 26% 26% 26% 108% 108'/a 108'/a 1081/3 108 108 100% *99 100% *99 100% *99 100% 12% 13 *99 12% *12% 13 12% 13 *12% 13 *12% 54% 19% 19% No par *8 17% 17% 18 39% 38% 39% 32 1*6 preferred—No par 107% 106'% 106% 42% 43 *101% 103 20% 21% 92 92 56 57 *94% 130 95% 130 *107*% ' 108 *106% 107 44% 43% *101% 20% 103 20% 91% 92% 56% 56% *94% 95% *128% 54% 20'/a *19% 6% 6% 6% 8 8 8 8% 8 18% 18 18% 39 39% 39 39% % 130 %~ > 39% 19,900 Vi 570,000 107% ' 107 107% 107% 107% 106% 1063/4 44% 106% 106% *io6ya 44 % 44% 44 101% 21% *101% 102% 102 101% 203/4 92 92 56 56% *94% 95% 128% 128% 6,700 372 39 107% 44% 300 1,300 18% 18 4,700 300 21 % % 31 55% 54% *19% *6 40 12% *12% ; 17% 17% 38% 107% 6% *6 8 8 19% ' 6'/* 13 40 2,500 13 54% 55 54% *18% 16 Aircraft preferred. preferred 2nd 26% 107% *6 8% *8 26% 26% 54'A 6 6 rights conv % 108% *12% *12% No par No par Container Corp of America com__10 4% preferred -100 Continental Baking Co com_rNo par $5.50 preferred No par Continental Can Inc common.—.20 $3.75 preferred :—No par $4.50 8 108% Feb Jun 42'/a 1085A 123/4 5 Consolidated Natural Gas 38% Jan 108 15 100 Consolidated Laundries Corp 16- 12 8 42% 108 % 2,600 22 22 107% 26% No par 91 42% <fe Bait com 4%%. series B of 7% 8,600 ! Preferred Power Co i 8 108% 41% 108 7% 7% 42% 6,200 14,200 21% 6% 7 48% Dec 38 16% 21% 23 paee 17% 8 41% Aug 19 see 17 Jan 43% Dec 31 For footnotes 17%. 110 Va Jan 99 Feb 16"% 21% Textile . . 16% 17% 20 % Consolidated 19% Dec 5,100 36% 16% 15 May 16 109% Nov 26 96 44% 36 21 Consolidated Retail 103% Feb 44 36 20% 0 38% Dec 17 27%t 44% 35% 21% 0 20% Dec Jan 99 27 44 36 21 10'A Jan 2 31% May 27ya 44% 35 21% 10% Jan 15 3 27 44% 34% 22% 23 Mar 24 102% Jan 27% 45% 21% 29 14 110 26% 44% 34% 26% 22% Dec 1 12% Jan 2 26% 45% 35% 21% 5% Dec Apr Jan 26% 44% 26% 10 28 100 34% Jun 100 42% 22% Common 102 42% 7,800 2,900 23% Jun 27% Dec 52% Oct * 42% 21% Consolidated 9 42% 22% J. 16% Apr 2,700 21% Consol Edison of N 109% Mar 27 34 V* Jan 43 Va 22% 11 5 42% Dec 11 43% 21% Consolidated 10 15 431/4- 22% — Inc 25 14 9% Oct 43% 43 22% Corp 31 6% Sep 8 70 Xl3 21% Mills Feb 34% Jun 27% Sep 70% 10 conv 20% Dec 19 Apr 22 70% 70 69% 703/4 No par $1.40 30 25 19 21'/a *69% Consolidated Cigar Corp— 12% Jan 13 i 20% 70 6% Congoleum-Nairn 97% Jan 20%;' 70 6% Cone 39 % Nov 106 13% 20% 37% 15 113 13% 203/e 6% 27 27 *475/8 13% 19% *375/8 24% Jan 23 475/8 13% 19% 6% 27% Jan Feb 47% 13% 19% 375/8 29 25% Oct 48 12% 19 7% 6% 20% Oct 28 2 47%' 13 37% 21% Dec *106 y« Jan 48% 19% 6% 2 1 38,000 900 12% *48 37% 2 32% July 18 10 1,800 *6% 10, 11- 250 47% 48' 37% 29 Dec 47% 48 90 1,100 13 Va ; 6% 5% Dec .18 - 37% 18. 7% May 47% *49 *47%;" 47%' ?73/8 10% Feb July ; 51 47% 47% 37% 37% Mar 16 28% Jan *49 37% 37% Dec 17 25 51 37% 17 32% Jun 19 51 51 37% 32% Jun 31 28 52 37% 31 35% Dec 23% Oct 43 Va 52 convertible preferred 25 preferred 25 Conde Nast Publishing Co.—No par $1.32 34% Dec 21% Apr 43'/a *49 37% 14 Mar 310 43% 52 *49 Ohio Elec..5 26 8 17%, 17., 52 50 41% Engineering Inc.No par Commercial Credit Co 10 Commercial Solvents.: No par Commonwealth Edison Co com—25 15,700 43%' 50 No par Combustion 8 177/a 17'A 52 Columbus & Southern 51% Mar 17 2 38% Sep 17% ya; 52 54 Co Carbon 14 44% 45 *52 47% 89%, 16% *44 54 47% 41 89 Va > *43% 16*% 16% 45 69% Columbian 16% 16% 45 *52 $4.25 cumulative preferred-No par 15 23% July 7 No par common—No par Pictures Columbia 22% Dec' 24 69% Dec noucumulative 3,500 40% 14 14 14 14 14 89% *88 89% *88 40'/a 39% 40 39% 40 39% par Ist'pfd 100 A4% noucumulative 2nd pfd—100 Columbia Broadcasting Sys cl A.2.50 .i Class B 2.50 67 39%' Par 21% 92 % 55% *95 '128% 107 44% 103 290 110 6,200 40 22% 92% 22% 2,600 92 y4 22 92 Vt 290 56 Va 4,900 56 % 56 95% *95 128% 128 5A 22 1 97 128% 330 13 14 (214) The Commercial and Financial Chronicle NEW YORK STOCK RECORD Range for Previous Range for Year 1953 Lowest Highest * NEW Highest 77a Nov 17 10% Jan 21 15 105/a Mar 17 16% Feb 15 1874 Jun 30 17% Jun 11 20% Mar 17 6 9% Sep 16 13'/2 Mar Nov 17 15% Feb 68% Apr 16 8172 Nov 26 7% Apr 30 10 % Noy 28 67 Continental 14 Continental Motors 2 75 Apr 3 487a Oct 13 627* Jan 25 Jan 30 15 74 Sep 15 22 5 Continental Oil Mar 18 Continental Steel 25% Dec 18 3174 Aug 13 19 72 Sep 14 28'/a Mar 18% Oct 22 25 287a Jan 2 19% Sep 21 2672 Jan 19 7a Sep 15 2 12 14 5172 Jan Mar~21 48% Jan 27 7* Feb 30 18 74 Sep Copper 27 227a 63 Oct 23 697a Jan 9 58 Jun 66V2 Nov 5 8772 Jan 25 70 common 5 50 50 Cornell 68 '/a Jan 15 Corn 1 907a Dec 21 Corning , Jan 16 9972 Apr 22 93 7a Sep 14 967* Jan 19 Jan 23 99s/a Apr 23 9374 Sep 15 98 Jun 25 1 Sep 25 67 7a Feb 0 78 Nov 9 Jan 10 12 178 15 Apr Mar 31 157a Dec 1% Oct 28% Oct 30 2 7a Jan 38 74 Jan 1 7» Nov 7% Coty 15 Coty 34 7a Apr 2 21 25 7e Sep 97 May 22 87% Jun 1 95 19 27 Dec 12 25% Jan 2 277a Mar 12 10s/a Dec 29 1574 Mar 28 10 34% Jan 1974 Jan 28 13 367a Feb 5 99% Jan 9 103 72 Jun 13 91 Oct 28 397a Jan 30 2074 Sep 15 77% Oct 23 92 72 Jan 15 89 36 74 Dec 30' 5 687* Sep Mar 25 13 72 Dec 24 367a Jan 12% Oct 22 *32% Nov Jun 26 72 Jun 27 22 15% Sep 129% Jan 25 5% Oct 22 18 Feb 25 774 Jan 55 19 9% Aug 27 190 6574 May 26 1274 Jan 12 26% Apr 24 32 6 Feb 20 8 93 Sep 10 49% Jan 3 67/a Sep 27 Sep 185 15 87/a May 21 64 15 21 10 129% Jan 19 132 72 Dec 16 Dec 9 44 65/a Sep 15 23 7a Sep 18 131 2 577a Feb 95/a Feb 2 18 407a Mar 25 22 92 22 13% Dec 22 157a Mar 11 33% Feb 19 36% Dec 137a Aug 20 13% Apr 24 33 % Feb 19 367a Dec May 15 85% Jan 88 2 Jan 28 96 7* May 4 40% Nov 10 17 57 Sep Mar 16 Jun 3 9772 Feb 2 21 99 7» Jun 9 17% Oct 22 2472 Feb 5 1772 Aug 31 Apr 16 97a Jan 14 Oct 16 637a Jan 25 28% Oct 21 34 7a Sep 21% 49 45 *45 217a 22 Press Dana 22 217a 62 xGl % 617* 617* 61 617* 61% 88 88% 877a 88 877a 74 7a 73% 175'/* 174'/* 17% 17'/a 177* 37/a 3% 17a 172 *1% 172 ' *1% 1% 29% 30 2978 30'/a 29% 30'/a *91% 9-27* 92 % 927* *91 % 93% 26% 307a *29% 307* 25 lOo 100 10 27% *29 '/a 30 34% 35'/a 35'/a 357a 35% 357a 102 % *101 % 102% *101'/a 102% 22 22 22% 21% 22% 227* 23 Va 73 73'/a 737a 74 74% *74% 15 75% 15 15'/* 15'/a 15% 127a 127a 15% 16 127a 12% 1,320 127* 127* .12% 127* 127* 127a 1,200 *170 200 200 *170 200 *170 200 *170 57a 57a 5% 57a 57a 57a 537* 537* *537a 547a *53'/* 547a 9% 97a 9% 97* 9% 97* 9% 287a *28% 29'/* •287* 29% 54 9% *28 *170 57a • 77a 77a • 77a 7% 7% *23 77a 77a 97 *28 55% 77* 7% 25 100 *134 135 % No par 39 39'/2 30% *85 25'/* 25% *134 39 % 307* 31 88 307* *85 2.50 *47* 5% 2o *137* 14'/a *5 *137* 88 25'/a *134 39% 31 8 25'/* 135'/a 40 317a 31% 31% 14% 88 5 *85 47* 20,700 80 56'/* 1,000 8'/a 13,900 25% 2,600 25'/a 407* 5 8'/a 99% 557a 25% •134 1 40 29% 7% 135%. *85 5% 25'/* *98 8 7% 100 2,200 *134 135% 40% 3,100 31% 88 41 32% 3,700 *85 47* 88 *47/a 5 200 54% *137* 14'/a *137* 14% *137* 14'/a 397a 40 397a 397a 39% 397* 397a 4,100 54 54 54 54 54 12% 12'/* 12'/* 12% 54% 12% 3,100 12% 13 13% 38 137a 38 38 137* 38% 377* 6,400 377* 377* 38% 387a 387a 3,100 92 917* .92 91 *917* 93 96% *95% 97 100 90% 91 100 *91'/a 92 91 91 *90% *91% 917* 96 947* 95% *947* 18% 187a 187a Inc 50c 1 25'/* 135 % 39% 7% 5,700 97* 7% 98 55'/a 57a 55% 97a 77* 98 55% 7% 600 200 57a *54 29% *97'/« 77* 3,700 ' *55 Deep Rock Oil Corp 1,040 15 50c Decca 400 9,300 22 100 5 30 35% 102 73 97 series C 700 4,300 14 % 547* 7 ; 22 Co 12 7a May 14 35% 200 ; 74 547* 1 30 102 12 '/a 1472 *73 97 series B 4772 Jan 12 ■ 55 series A 14 11% Oct *27% 102% 57a 100 1,100 6.400 11% 98 A 1% 30% 27% 357a *527* preferred 3.75% 17a 94 55 common 1,500 30% 102 % 1 series 7,000 3% •91% *97 pfd 210 177* 1% 357a 217* 10 175% 117a > 3,100 37/a 93% No par Inc 15 23 620 ■ 177* 30% *1017* 10 Inc Co *175 ' *237/a *29'/2 common Records *1 % 30 11% par 175 *91% 27 common . 37/a 117a common Rubber & 75% —No par Dec 7% 74% 27 pfd : convertible Deere 75 '/a 177* 5 Preferred 3.90% 2 74% 117. Inc preferred Day con 74% *37* 1 Preferred 2 62 174 % 100 Preferred 3.75% 5 62 37a 10 527/a Feb 61 % 177a 80 337/a Jan 1,800 174'/* 54 307a Jan 22% 37* 397a 21 100 22% 17% 40 18 200 22 174% 547a 15 50 45% 37/a 40 40 72 Sep 50 *457* 18 7* 54 2374 Sep 46'/* 22 1 2874 Jun 21% 50 217. 267* A Corp 5% 4 217* *49'/a *45 % 21% Davison Chem Corp (The) com Preferred 4.60% series A 52 217a 49% 174'% common__5 preferred 374% 3574 Nov 24 217a 457* 37* 100 Davega Stores Corp 3 21 *43 *45'/4' 11 % preferred preferred Class 2 21'/* 49 45% 267* Amer common non-cum Curtiss-Wright Jan 91 •947* 187a 187* 92 •90'/* 91 '/a 91 96 •95 220 • 100 50 187* 18'/a 187a 187a 187* 2,800 10'/* 107* 107a 107* 44,000 10 10% 10 10% 10% 107a 357a 357* 36 36 36 Va 36% 37% 38 26 26% 26% 387a 26% 4,300 10 267* 27'/* 26% 27 26% 33% 33% 267a *33% 337a 337a 16,600 20 337a *33% 35 337a 100 44% 44'/* 337a *44 44% 44% 44'/* 45 45 44% 447* 12% 12% 12% 127* 600 50 127* 13 12'/a 127* 127a 13'/a 13.50 28'/* 28'/* 287a 28% 7,400 28% 28% 287a 29 29 29% 2,600 557a 557* 94 2,200 common preferred Aug 7 15 157a Jun 12 107a Oct 13 157a Jan 30 Delaware 18 Apr 2,700 21'/* 49 45 1172 preferred Prior 31% Jan 43 22 Va 21 •48% 307a No of 7 7/a Sep 34 1,200 267/a preferred 4 72 % 11 237a Feb 92% Jan 39 Corp preferred Cudahy Packing Co 16 86 237a 11% Dayton Power & Light common 2 23'/a *2972 Daystrom Jan 237a 2.5o 17 Jan 23'/* No par 29 92 1,600 237* 177a 2 167a Jan 92 23'/a 25 Corp (The) 3974 Dec Apr 28 8 Wheat 15 83 217* 22% 100 common perferred 16 8274 May 28 21% 22% 1 117a Dec 19 21% 23 174 7* Corp 33 7a Jun 12 July 15 96 72 Jun 19 49 21'/* 22% 1 convertible 7% 14 21'/* 1 Petroleum Corp Cuban-American Sugar common 8 3174 Jun 12 5872 Aug 13 167a Aug 6 51 Jan 87a Mar 17 217* 40 Cushman's Sons Inc 7% Dec 217a 3.900 Cutler-Hammer 4 21 76 15 2974 Sep 21 76 17 837a Dec 400 21 98 Jan 8 7,100 10,900 16 887* Apr 2 87a 55% 16 96% 43 23 8% 54'/* 16% 97 138 Jan 397a Dec 8% 54% 96% 15 May 2 8'/a 54 '/a *16 88% 23 13 July 23 8'/* 88 Jan 95 Jan 77/a Dec 16 8'/a 97 3174 Sep 22 32 90 54% 16 96% Co 5% 27 7a Mar 20 53 16 877a International $7 8 7* 53% 16 1,400 ♦96 Cuba RR 6% 4 87s 527. 16 77 *D57/a $4.20 100% July 28 I 87* •527/« 100 1,000 77 96% 8% Apr 31 767a 87'/2 Cunningham Drug Stores Inc__2.50 Curtis Publishing common 1 29 767a 11% 97 Crucible Steel Mar 17 77 2,000 11% *96 $2 preferred Crown Zellerbach 8 11% '< *95 7a Cuneo 57a Sep 2474 Sep Jan 117a 97 12 7a Mar 19 497a Sep 21 6 11% 767* 19% 967. 34 72 Jan 93 72 Dec 7 Jan 11 - Shares 8 ♦19 *96 21 1 Jan 5 8% 52 •15% 8 19'/a *957/a Crown Cork & Seal Common Mar 17 77 8 19% 96% 21 29 10 6 11 77/o 19'/a 97 37*% . 107* 767* 8 *19 74 Cream of 16 17 18 Jan 99 17 Jan 337a Jan 24 54% Dec 24 3 Nov 103 31 74 Mar 20 7% Apr 23% Feb 32% Mar Jun 5% Ren 52 16 Dec 180 3574 Dec May 18 117a Dec 2 28 Dec 207a Jan 16 2 15 10% 77 77a the Week Jan. 15 •957/a Crane Jan 25 9 24% Jun 8 19 Friday Jan.14 •96 ——.100 Inc 3 91 % Jan common—_5 7% *18% Sales for Thursday series of 1947.100 pfd 3 7a % Cosden Mar Works 8 19 • Refining common_25 preferred 100 16 2 1 Corp Products 20 30 Electric preferred Cum 31 5 Glass 3 %% Corn Jan 15 3 16 Dubilier Exchange Bank & Tr Co—20 18 7a Nov 17672 Dec 29 3 72 Sep "474 Nov"26 par pref 5% series 6% series 93 3% Jun No Convertible 65% Feb 166 Co Preferred 93 161 5 common. 28 267a Mar 25 Apr 5 14 30 18 10 107a Delaware Copperweld Steel Co 2 8 •18% »7672 Jan 52 15 17% Jun 73 Range Jan.13 5 Corp PRICES Wednesday Jan.j£ 10 Corp SALE Tuesday Jan. xi 1 of Cooper-Bessemer 6 Fibre 557a Jan 0 4374 Dec Dec 25 Insurance 28 23% May preferred 7 HIGH Monday Pur Cop & Steel Ind eom__2 convertible Diamond 19% Oct 44 5% Continental 56'/a Jan 29 7a Jan Continental 3 82V2 Jan ' 7 7a Sep STOCK 1 l7/a Mar 25 10 Jun YORK LOW AND EXCHANGE 7% Sep 11 Continued—Page 4 STOCKS Year 1952 Lowest Monday, January 18, 1954 ... 267* Nov 17 237* Jun 16 2774 Dec 21 Delaware Power & Light Co Delaware & Hudson Lack & Western 36% 600 Denver & Rio Grande West RR— 557* Dec 29 60 Dec 9 Dec 23 Aug 4 22 2474 Jan 17 8172 Apr 28 157a Oct 7 99 17% Sep 247a Mar 23 "Escrow ctfs for preferred Derby Oil Co (The) : Jan 3 257a Dec 12 24 72 Jan 16 30% Dec 14 Detroit 29/64 Dec 30 33/64 Dec 30 Mar x70 23 4 55% Feb 13 5% Jun 19 95 Nov 17 66 672 Jan 11 61 July 24 27* Dec 14 64 Mar 2 674 Mar 17 Escrow ctfs for common new Rights Detroit Hillsdale & S W RR Co.lOO 31 18% Feb 21 9 72 Dec 29 1672 Mar 25 14 177a Sep 187* Sep 15 16 19% Jun De 16 187a July 11 27% Jan 21 2474 Mar 10 Devoe & 31 43 25 Sep 14 33 Diamond Alkali Co 95 7* Jun 9 108 29% Oct 106% Apr 29 38% Nov 18 32% Jan 8 12% Dec 30 Jan 8 10 21% May 27 8 Nov 29% Feb Jan 25 11472 Feb 19 52VZ Mar 31 327* Jun 24 357a Jun 23 30 Jun 12 3 972 Sep 127a July 30 1 267a Dec 107* Sep 1474 Jan 25 15 21 Mar 17 Jan 22 40% Feb 3 347* Feb 13 2 297* Nov 12 Nov 30 Divco 21 39 Dec 1 317* Jun 12 417* Dec 3 16 137* Feb 26 16 52 Apr 17 36% Oct 27 1272 May 13 24 Aug 13 657a July 1 60 44 7* Dec 10 Sep 137a Dec 99% Jan 3 21% Oct 30 267a Apr 5 80% Jun 11 84 72 Aug 25 Jan 32 22 9% May 19 1057a Mar 29 47 Nov 23 137* Aug 29 67/a Dec 30 43 Feb 13 127* Jan a 79% May 10% 10% 10 % 107a 187a 18 Va 18% *18% 18% *21 217/a •21% 22 22 217a 21% *277* 28'/* 500 28% 28% 28% 1,700 *1027* 103% 490 28 *21 % 347a 34% 357a 34'/8 *33% 34 34 34 117a 117a 11% 117* 11% 11% 11 11'/a 117* 117* 2,300 117a 11'/a 11% 11% 11% 11% 1,500 2 287/a 29 29 297a 29'/a 29% 29% 29% 29 Va 29% 2,900 1 11% 117* 1172 117a 117a 117* 11% 117a 117s 11% 2,900 No par ♦417* 427* Corp 50c Ltd 50 No par No par Ltd Co No par 5 common No par Nem 57 *107* 117a 103 43 437/a 44 44% 44% 447a 57% 577* 577* 577a 587a 58% 597a 3.400 11 Va 11 117a 11% 117a *11% 11% 2,200 15 157a 15 157a 157a 15 Va 15'/* 81 7972 80'/a 79 72 81 81 Va 84 83 84'/* 9,800 367* 37 367a 367/a 36 7a 367* 36% 367* 36 Va 37'/* 41,400 10172 1017a '10078 1017* 1017* 19 % 197a 197a 197* 77 *36 417a 387a 38% 77a 7% 77a 77. *757* 77 15 157a 19 7a *75 7* 38 102 • 197*' 77 38 77a 15% • 102 102 ♦1017a 20 20% 76% 75% 75 Va •36 41 •36 • 77* 77/a 7% Jun 10 1087a Dec 3 Common Jun 6 1047a 105 1047* 4 1057* 1047* 1057a 105 Va 2 Preferred $4.50 series No par 1167a 1167a 1157* 23 116'/a 116 7* 1167a 116% Preferred $3.50 series No par *947* 947* •94 7* 947* 95 95 95 95 lo 287a 287a 287a 287a 287* 287a 287a 467a 467a 46 % 47 47 51% Oct 27 52 Nov 19 x48 % Dec 10 497* Dec 9 •8% Apr 25 107* Jan 7 19 Apr 30 22 Sep 25 Jan 28 14 Apr 27 477a Apr 23 437a Jun 4 9 7a Jan 6 307. Dec 4 48 Feb 10 52 Dec 48% Jan Duquesne Light Co $3.75 preferred.. $4.15 preferred 5 4% 107. May 15 16 287a Jan 2 17% Sep 18 207a Sep 22 287a Jan 257a Jan 18 13% Dec 12% Oct 197* Mar 27 16 Eastern 167* Jan 21 87a Dec 31 417a Oct 30 21 417a Jun 16 15.7a Mar 17 477* Dec 18 Eastman 1717a July 10 47 7* Dec 9 1567a Sep 30 36% Sep 167* Jan 18 158 Jan 21 36% Feb 27 Jan 48 15% Jan 2 18 82% Nov 6 89 Apr 29 23 Dec 29 207a Jun Jan 89 16% Feb 23 97 Apr 25 1274 Mar 11 4474 Jan 24 174 Jun 20 34% Oct 22 July 13 102 14 83 July 5 1 2 May 28 237* Mar 11 169 8 Jan 30 257a Mar 25 94 Feb 7 Feb 11 24 17 Sep 15 557a Dec 31 12% Sep 397a Sep 14 177a Feb 21 57 2 7* Apr 16 437a Mar 18 1% Dec 22 23% Dec 29 10% Oct 6 13 Jan 26 22 5 337a Feb 4 517a Nov 3774 Jan 15 9 Stainless Steel Corp Kodak Co common 517a Jan 18 567a Dec 26 44 Oct 6 607a Feb 387a Jun 30 Sep 15 377* Jan 13% Sep 15 187a Mar Emerson Electric Emerson Radio 12 11% Jun 20 19% Jan 2 17 7* Jan 16 29 157* Apr 14 267a Dec 3 48% Dec 31 97* Dec 30 14 May 94% Apr 207a Sep 15 25% Dec 23 89 Va Dec 21 99 23% Dec 31 20% Jun 4 5% 297* Feb 20% Jan 5% Feb 77a Jun Jan 2nd 24% Mar 12 4% 62 % Jan Co Sep 18 87a Nov 27 22 22% Jan 5 Erie RR 5 5% preferred series A Erie & Pittsburgh RR Co_ 31 64 7a Dec 22 74 7« Feb 70% Jun 15 74 For footnotes see page 22. Apr 21 49 97/a 97/a 97e 9% 97* *187* 187a 187a 18% 18% 18% 187* 227a 227a 227a 22% 22 Va 16'/* 16% *16'/* 167* 16% 16'/* V* 800 97a 3,000 19 1,700 22% * 227a 9,500 16 Va 167a 600 9% 107a 10 10 10 10% *97/a 10'/* 97a 10'/* 2,100 477a 477a 477* 477a 47'/* 477* 47% 477* 477a 48 Va 19,300 *165 168% *165 168 387* 397* 38 38 38% 387a 1 207a 207. 207e 21 20% 207/a *85 23% 89 •84 *997* 14 407/a 267a 237* 23'/* 89 237* 167 *84 23% 167 89 237* ♦100 *100 137* 137a 13% % 40% 41 17a 1% 41 27 ! 267* 38 167 407a 417a 17a 17a 17a 26% *26 7* 167 167 40 38% 38 38% 2,000 *21 Va 21V* 21 21% 1,000 *84 89 23% 23% *13% 41 17a *84 23'/. 89 237* 3,800 *100 *100 137* 14 *166 1378 137a 13 y8 41'/* 41% 417a 3,600 17a 1% 17* 18,700 600 26% 267a 2 6 3/4 117* 117* 117* 117* 11% 12 12 12 12 12'/* 1,600 237a 237/8 237* 23% 237* 24 237* 237/a 23% 24'/* 3,100 51% *49 '/a 50% 50% *49% 50% 367* 36% 367/a Equitable Office Bldg common 51 267* 26'/* 51 *49'/a 517a *49% 51% *49% *48% 507a *48'% 507* *49 50% *49 3 35% 357a 357a 357/a 36 36% 157* 15% 157a 15 7* 15'/* 157a 36% 157* 10 13.600 16 2,900 5 10 % 10 7* 10'/a 10% 10 % 10'/* 10 Va 10% 10% 107a 5,600 237a 23 74 23'/* 237a 23% 23'/a *23% 23% 23% 23% 1,100 267a 267a *90 Va 93% 25 267a 26% 267a 267a 100 *90% 937a 92 92 8.50 227a 227* 22 7a 227* l 77/a 77a 7% 8 15 Va 1,800 10 4 Phonograph Dec Nov 24 51 49% 50 Mfg Co 6 Dec 51 49 7% 227a 5o 16 73 51V* •49 V* 15 Gas 18 70 11 *50% 497* 1,200 16,700 10 preferred Equitable Gas 260 260 51 16 7* No par Empire District Electric Co Endicott Johnson Corp common Mar 13 47 V* 187a 1% preferred & *467* 227a 5 common Natural 47 V* 18% 1 preference conv Paso 9 7. 467* 16 100 (The) 237a Nov 24 1774 Jan 61% Jan 5% Co 97* 287* 22'/* 2.50 Elgin Elliott El 26% Feb 307* Jun 27 101% Sep 18 26 97a 28% 7a 2 common Electric Storage Battery National Watch Co 31 15 Inc common Auto-Lite 1672 Mar 19 13% Nov 97a Elec & Mus Ind Amer shares 327a Dec 30 Oct *49 100 Co 107a Nov 24 Oct *50 7a 497* 2,300 287a 5 preferred Elastic Stop Nut Co 247a Apr 15 48% May 13 487a Jun 16 19,700 1167* 10 preferred Electric 507* 49 100 Stores Products 106% 116% » 95 1 472% 30 Mar 12 274 Apr 50V2 487a lo Manufacturing Co 474% Ekco 3,100 95 ip — Corp Bros 51 487a 5 preferred Edison 20 24% Dec 102 6% Eaton 51 50 Eastern Airlines Inc 22 4872 Jan *46 50 ; Eagle-Picher Co Eastern 7s 50 preferred DWG Cigar Corp 16% Nov 14 4 com 9 ■ 77a 1047a 1167* 12 257* Sep 40 200 77* 1057* 118% Jan 897* Jun 42 40 10,400 (EI) & Co— 91 Jun'Io 2,900 400 20 V* •75% 109 51 102 19% 977a Dec 15 Jan'lO 1,900 79 119% Apr 25 45% 400 427a 1 Jan 1,800 107* *757* 1 103 427* 100 No par 103 *567* 57 50c preferred 28% 8 97 200 *337a 287a 8 3 6,000 10'/a *18'/* x92%Jan July 5,900 9% 18% *18 xll4% Jan 99 182,900 2ya 66 117a Dunhlll International Duplan Corp de 277/a 27a i7« 27« 65 337a convertible Pont 217* 10 27a 11% $4 preferred series A Dresser Industries common du 21 9% 27a X337a 15 July 29 10 7a 187a 65 12 7a 1027* Jan 36 10 *18 27a 34'/a Chemical 37*% *64 *63 117a Douglas Aircraft Co Inc 5 25/64 *63 27a 34'/a Dome 14 25/64 25/64 65 2 8 24% Jan 25/64 272 25 17 837* Jan 25/64 27a No par 237a Mar 10 2 i! *63 65 347a Pepper Co Mines 27a 347* preferred series A conv *6272 400 347* 437a Jan 29 25/64 23/64 12,600 1027* 877* Dec Dec 29% 1037* 347/a 10 I7%8ep 15 28% 103'/* 16 75 287/a x34% Jun 947a Jun 287a 347. 29 Dow 287* 103% 337* Jun 8 1,900 28% 347a Dixie Cup Co Dr. 287a 1037a Corp-Seagrams Corp 5% 8 16% Jan 287a 2 common Distillers 12 17'/* 287a 28% 100 Match Stores 17 94% 17 10 Diana Jan 57 94% 17% 1 $1.50 cum preferred Diamond T Motor Car Co 77* Sep 57 937* 17% common 13 7a Feb 3 56% 937* 17'/* preferred——. cum 1272 Jan 56% 94% 177* 277* 147a May 25 4 567a 94 72 17'/* 17 5 Raynolds class A Diamond 13 10% Jan 1 . Vilbiss Co 4.40% 56 94 *16% 56 94'% 17 23/64 20 Oct 1 •937a 8 Edison 16% Jan 13 557* 10o Detroit-Michigan Stove Co. Detroit Steel Corp 20% Oct 100 157* 26'/a 26'/a *26% 26% *90'/a 937a *90'/a 93%.1 22% 22% 22% 77a 77/a 8 22% 8 Va 227* 8 23 1,000 10 3,200 8'/a 8,700 8,700 No par 167a 16% 17 16% 17 17 17 Va 10o *65'/2 677* *65 67 *65»/a 67 *657* 67 *66 667* 50 72% 727a *71 75 *71 75 *71 75 *71 75 167a 16% 167a "lO (215) Number 5291... The Commercial and Financial Chronicle Volume 179 t-V *• 'V ft -li 7777 \ " Continued—Page 5 NEW YORK STOCK RECORD l«n{e for Previous STOCKS Year 1952 Lowest - 1953 r Lowest Highest NEW 1 7% Dec 15 9% Mar 3 Eureka 15y8 Mar 10 Sep 14 14% Mar 9 Evans 12 Nov 10 16 y8 May 39% Sep 14 59% Mar 4 Jan 2 Jan 22 13% Oct 44 May 17 6% Sep 55% Dec 16 3V. Feb 15 2 27% Jan 3 21 3 Monday - For 4 11 1% Dec STOCK YORK EXCHANGE Highest 6 5% May 10 y. Nov LOW Jan. , AND Tuesday ii HIGH SALE 4411 • Sales for PRICES Wednesday Jan the Week Friday Thursday Shares Jan. 15 Jan. 14 U , 11,000 5 9% 9% 9'/a 9% 9% 9% 9% 9% 9 '/a 9 '/a 5 •121/4 12'A 12% 12% 12% 12% *12% 12% 12% 13% 1 12% 12'/a 12 Va 12% 12% 12% 12% 13% 13% 13% 8,300 3 50 Va 50 Va 50% 50'A 50 (1 50% 50 50% 50 Vt 51% 2,500 2.50 *1% 2% *1% 2»/a *1% 2'/a 22 9% Fajardo Sugar Co 20 *17% Falstaff Brewing Corp —1 *15 V* Family Finance Corp common..—1 17% 5% preferred series B,..—*---56*52% 22 % 21% 9% 9% Williams Products Corp Co ... Ex-Cello Corp July 13 Exchange Buffet Corp * 2% ♦2 2% *1% 1,000 F 21% Oct 29 7 7% Nov Sep 14 ^ 23% Jan 11 16% Dec 29 22% Ma; 11 16 y« Jan 29 14% Oct 13 16% Mar 24 3 15% Jan 2 53% Nov 5 }lan 3 15 .18 Oet » Dec 9 48 2 40 106 Dec v 13% Jan g 53% Sep 15 Apr 23 47 Vi Dec 2 34% Mar 13 13 0% May 17 27% Sep 18 May 20 Dec 41 30 May Ferro 26 21 First Firth 7 25% 8ep 18 32 3 93 10 100 Dec Mar 25 Feb 16% Aug 24 24% Feb 27 19 21 % Jun 10 29% Dec 7 20 Dec 31 31% Jun 9 39% Oct 21 23% Jan 30 "»1% Dec 31 17% Jan 6 24% Dec 31 22% Feb 11 31% Dec 98% Dec 11 92 Sep 16 99 Jan 5 38% Oct 29 56 V* Jan 28 33% Oct 6 43% Jan 2 114 Jan 29 81 '98% Nov 26 89 2 17 24% July 12 Dec 19 19 10% Jan 9 Feb 5% Dec 30 8% Jan 4 May 15 19% Dec 15 27% Aug 14 y> Jan May 15 13 15 -14% •59% 61% *50% 51 %. 23% 100 101 **, 8% 9 ■6% ?2'A 9% 9% 9% 1,100 22 y, 22 y. 22% 2,800 60 80 6o 80'/a 79% > - 64% 63 64% 64 Va 106 ' 106% 17% •17 100'A -41(0 : 14 % 14% • 65 106 ; ♦106 51 51 106% • 80 1,500 51% 51'A 7% 7% 500 27% 27% 27% 28% 1,900 100 99 99 17% 17% 17% 28% 28% 29 38% 387/s 39%- 100 *98 *17 17% 5,200 1 7% 7% 8% 100 5,100 66 106 2,600 14% 65 27% 27'A ♦17 .1 100% 64'A 51% ' 40 39% v •14% 106 ♦98 100 ♦98 . 64% *7% 26% 26% 26% v» 51 8 100 22 106 50 2,000 3,800 " 23'/a ♦100% 1'4 8 23% 23% 23% 200 9 • 21% Vi 50 2,000 40 79 8 .70.0 4% k 101 15 51 51% 4% 3,400 12,400 .39% 79% 106 % 60 51'A 4% .4% 40 21% 106'/a 60 50 79% 14% 64 15 Vs •60 21% ~ 25 14% 60 23% 100 9% 53 24% 101 .39% 100 . 8% 53 24% 15 Va 50 4% 23% 40 - 63 % 23% 23% .39% 39% -■ 51% ♦60 „ 4% 4% 200 53 24'A 15 ya •52 • 24% 15% ' 300 17'/s 17 % 28% 28% 28% 28% 28% 28% 38% 13% 39 38% .38% 38% 38% 38% 14% 13% 13% 13% 14'/a 14 ya 14% 14 % 14% 3,000 33% 32% 32% 32% 34% 33% 34% 33% 33% 20,900 95 93'/a 93'/a 70 33'% 39 % 39% 5,700 89 89 '/a 90 •" ' : 4,100 8,600 *10% 11% 11% 11% 11% 11% 23% 23% 23% 24 23% 24% 24'/a 25 4,500 72% *72% 73 *72'A 73 73 73 40 72 72 % 1 *5% 5% *5% 5% 19% 19'/a 19% 19% 19% 5 50 *34% 5% 19% 7 35 23% 5% 1 No par Co Stores 1 Corp Sulphur Fruehauf 6 4% 3 Gabriel 10 preferred—100 100 ' 10 10 Co Froedtert Corp 4% Sep 15% Sep 84% Mar 20 14% 60% 50% *7% 26% *98% Corp Sugar Freeport 27 % Mar 24 79 14% 17% 53% 72 preferred Franklin 9 15 24% *52 23% convertible 3%% 22 Jan Inc 3%% , Dec 68 24 23% 13% Apr 13 51% Mar 17 27 21% Sep 11 55 23% 1 Francisco 10 4 10 3,100 1 15 18% May 21 23 75% Jan 2,300 17% 32% 13% Apr 13% Dec 22% Apr 15% 17% *93 37% 89 *95 19 7% 10% 46 Va *11 29 1 *15% 17% 1 Foster-Wheeler 30 200 16% 17% 15 12 9% Dec 17% ♦16% 28 V* 10 cum 20 39% Sep 17% •52% 21% No par Corp Stores 23 y« Jan 14 17% ♦17'A common Fair $4.20 div 96% Jan 30 20,000 17% pfd ser of '51 Food Machinery & Chem Corp Food 9 13% Sep 2,700 10'A 1 Light Co Steel 15 46 Jan Power & 26 35% May 20 22% lO'/a 18 7% Co Jun Jan " No par Corp Power Jun 103 15% 17% 15 15 No par J 14% Sep 6% Dec 1 18 17% 15% 79% ' Carpet Co 5 (The) common_No par "" Co Florida • 3 10 16 (The) Florida 18 17% Nov 17% 15% 17% 78% * 100 * Stores-- preferred Fpllansbee 92% Jan 90% Jan preferred— Florence Stove 19% Apr 95% Oct 17% 15% 52% 8% 21 % I "* « ——— National $4 . 18 3 Corp Flintkote 11 24% Dec 16 —1 Corp 4%% 34% Nov 14% Oct ' _*_5 Firestone Tire & Rubber com—12.50 " 6 7 13% Jnn — 75% Jan 54. *17% •24' ,.39% *100 ' Fidelity Phoenix Fire Ins N Y—_1Q ' 25 25% Jan ^ 109 Filtrol 24% Sep Sep •.i4%% preferred-—,Iw; ic Tarrant Mfg Co 13% Mar 17 8 30 22% 10 y, 9% 10 ' . Federated Dept Stores, common I 101 y« Aug 2 X 2 Oct 22% 22 22% 9% 15% - 18% July 30 107 l 7% Dec 32% Mar 20 j _ 101% Jan ~ , May il Hp. 5 5 tt§r 2 jE 19 M%Jan 67% 74% Dec 30 107 • .13 59% Jan ' 19 2 109 22 9% 17% Corp__No"par"* Fedders-Quigan Corp common—-i-V' "" 14% 5* conv cum pfd ser A _$fl " -*58 5%% cony pfd 1953 series—V58 *48 Federal FawiCk Corp 2 .4% ^Federal-Mogul Corp —— „5 23% 4 7%Apr 48 22 .. Fansteel Metallurgical 9 27% Sep 14 94 V July 1 8% pec 29 Co , 14 Apr 14 Jap »3% May 83% Nov 20 , 8 Jan & Airplane Corp.l . 86% Mar J Sep 14 35 y* 19 38% Apr . 19 57 3% Dec 31 22 A Ctet 1 3 26 Sep 25 16% Jan 7 «8%Mar 3 50 May 1 104 Jan 12 17% Mar 34% 26% Nov - 19 19% May 21 47 U^Dec 96 24 21% Sep 10% Sep 76% July 21 37% Feb 21 -• 17 48% Jun 6% Dec ?4%t>ec 16 2S%|Ipv 15% Jan 3 ,60 l Apr 28 100 4 57% Dec 30% Dec 23 16% Dec 9 19 4% May 56 15 19yaJun 23% Oct 29 12% Feb 28 48%Ffeb 12 & Fairchlld Engine 12% Jan 6% 8ep —No par Fairbanks Morse 28% Mar 29 10 % Mar 25 Sep 12 20% Sep 29 Trailer Co common 100 preferred 39% 38% 38% 37% 33% *92% 95 ♦92% 95 *92% 95 3d 74 ♦88 96% 39% 89% 89 % *94%: -89 89 96 95 95 96 96 20 19% 20 % 19% 19% 7% 7% *7% 7% xlO'A 19 19% *7% 7% 7% 10% 10% 10% 10% 10% 47 46 47 47 47'% 11% 96% 20 420 20 '/a ♦95% V 740 3,600 300 7% 7% 10'A 10% 10% 1,200 47% 47 11 % ♦11 - 47% 47% 5,000 200 G *15 6% May 15 8yiJan 15 7% Mar 20% Jan 28 Gair 8 6% Sep 15 36 Apr 16 39% Sep 5 33% Dec 30 38% May 19 18 May 15 26% Dec 31 20% Jun 10 27% Jan 2 22% May 20 26% Dec 15 21% Sep 22% Sep 21 28% Jan 27 3% Sep 14 7% Mar 12 25% Sep 14 21% Aug 31 37% Mar 12 22% Feb 5 34% Dec .8 5% Sep 18 8% Jan 22 32% Nov 17 41 y4 Jan 22 24% Oct 15 33% Jun 25 26% Feb 102 21 July 51% Jan 31 8% Apr 15 20 29 y4 Mar 24 Jun 27 20 Dec 22 27% Jan 14 98% Jun 24 104% Feb 11 31 Sep 15 40'A Dec 18 Nov 19 17 12 13% Dec 159 Feb 31 10 28 142 July 1 15% Feb 27 18% Aug 14 17% Jan 5 9% Jun 13 11% Nov 28 9% Sep 15 74 Jan 8 79 May *29 Jun 10 33 Dec 20 "A Dec May 29% Sep 6 16 1 Co Gar General Baking Bronze Jan 8 10 19% Jan 2 28 129% Apr 2 4% 10% Nov 24% Jan 16 45% Dec 19 31 37% Jan 14 48% Dec 19 35% Jun 20 72% Dec 31 66 % Apr 64% Feb 9 July 28 16 6 11% Dec 7 46 y4 Mar 24 92 % Dec 3 series 6% General 48% Mar 24 General 4 ii y8 Dec 22 8% Sep 15 11% Feb 26 General Finance Apr 18 53% Dec 8 50% Jun 23 61% Dec Foods Jan 3 96 % May 22 88% Jun 18 94% Jan 16 2 General 90- 7% Jan 6% Jun 52 y* Oct 11% Dec 5 60 y4 Dec 20 118. Jan Apr 9% Dec 18 120 Dec 119 21 69% Dec 30 53% Sep 11 125% Dec 29 112% Jun 3 100% Dec 22 2 24% Aug Jan 34 y» Feb 50 20 Nov 15 91 ' Sep 21% Sep 42 y4 24 Jan 15 69% Feb 9 4 2 123% Jan 14 15 25% Feb 5 4% Dec 20- 15 General 59'A Dec 5 23% Jun 10 25 Jan 10 36 Dec 29 25 Sep 18 114 Sep 30 126 Dec 10 93 May 11 20% Jan 27% Dec 3 1 10% Jan 4 2 29'A Dec 37% Jan 100 14 Oct Dec 9 11% Sep 20% Jun 3 25 Dec 2 Sep 15 25 y4 Feb 36% Feb 21 45'A Dec 17 40% Nov 12 51 Jun 25 104'A Jan 7 86'A Dec 30 29% Jan 2 35% Dec 4 34% Jan 6 25% Sep 22 8% Jan 92 27 Dec 22 35% Jan 100 Jan 26 102 V2 Jan 24% Oct 15 31 '■ 89 Apr 19 2 3 99 Sep 8 3 22% Sep 15 Mar 10 July 29 76 71% Dec 31 77% Feb 14% Nov 10 23 y4 Jan 5 30% Jan 9 34% Sep 25 32% Jan 2 93% Apr 22 99% Oct 28 96% Jun 23 14% Nov 14 18 y8 Jun 74% Dec 69 General Public General Sep 5% General 3 General General 0*n Realty 21 y4 21% 21% 21% 5,700 5 28 General 2 General Eqp 4 1 Corp Vt% —5 Corp Signal com.No par 100 Utilities. & 10c Nopar ill' - $6 pfd No par 100 Rubber & 2.50 com 100 100 preferred 3%% preferred 15 Georgia-Pacific Gillette 30 12% Sep 15 16% Mar 25 30 *86 Jan 8 79% Apr 13 82 y„ Oct 2 Apr 15 23 Dec 1 10% Sep 23 21% Jan 9 32% Oct 27 42% Jan 24 27% Oct 14 38% Mar 20 7% Sep 8 79% Dec 18 8% Jan 138 124% May 24 15% Oct 27 55% Feb ' Nov 18 6% Dec 15 8% Jan 24 130% Jun 30 139% Dec 18% May 22 11 Sep 14 19 Mar 20 77% Dec 30 60% Sep 21 80% Jan May 5 54% Dec 31 43% Sep 15 59 Jan 3 15 102% Jun 2 20 31 5 7 $5 104 6% Nov 49 y* July 17 8 108 Sep 10 y4 Jan 4 60 Dec 29 ~3% Feb 8 4% Dec 29 Dec 29 49 24% Sep 2 Oct 6% Jun 23 2 27% Oct 30 18% Oct 9% Feb 33 22 6% Jun 15 May 26 1 Dec 1 19 26% Jan 18 Mar 19 108% Feb 9% Jan 4 20 61% July 21 33% Mar 4 2% Mar 25 9% Feb 34% Dec 25 30 5 24 y4 Jan 30 14% Sep 15 9 104% Jan 30 85% Oct 15 98% Jan 28 27% Feb 21 34 y4 Dec 10 29% July 16 34'/« Dec 31 97% Feb 4 Dec 22 16% Jan 7 22 28'A Dec 30 28 14% Jan 5 99 May 26 18 Aug 14 31% May 8 39 Dec 13% Jan 2 16y4Nov Jan 7 52 Dec 46% Feb 27 57 16% Dec 22 19% Mar 137 y« Dec 61% Oct 36 30 31 Mar 28 19% Nov 10 149 Jun 20% Jan 86% M*y 22 2 11% Mar 17 23 4 27 Nov 30 39% Mar 17 19% Nov 56 Nov 27 9 Dec 29 58% Mar 25 17% Oct 1 19% Mar 27 141 Mar 2 45 128% July 17 2 64% Apr 15 78 Dec 31 41% Jan 8 29% Dec 22 40% Jan 2 26% Jan 22 19% Sep 18 23% Mar 25 67% July Gimbel $4.50 11% Jan Nov 28 96% Apr 7 13 Co„ common preferred Co Nopar 2.50 (The), common__No par Goebel Brewing Gold & Stock 1 Co. Telegraph Co. Goodall-Sanford Goodrich 5 common Gleaner Harvester Corp. Glidden Co (B Tire 10 F) No par Nopar Nopar Hosiery Gould-National Batteries Inc Grace (WR) Granby Motors MS&P Consol Grand Union Nopar -—5 10 (The) Co 4 No par & Co Graham-Paige Granite City 5%% Grant 'cum (W T) 3%% 12% Jan 2 aj-Va JUiy di Steel common preferred Co preferred $2.25 conv Northern preferred Iron Great Northern Gt 12.50 •—100 .5 100 1 No par Ore Prop__No par Paper Co.i 25 Northern Ry 6% pfd Nopar Great Western Sugar com—.No par 1% 100 preferred Green Bay Green (H Greenfield 14% Dec 4 7 4 V4% & L) Western Co Tap & Corp Common Jan »ova common Grayson-Robinson Stores com Gt ' preferred RR Inc 100 -.1 Die Corp..No par 3 10% 13% 20 y4 10% 20% 20 % 10% 20% 10% 39% 6.100 10% 4,100 145 *143 145 10% 21 2,100 10% 5,800 10'A 72 ♦71 72'A ♦71 72% 31% ♦30% 31% ♦30% 31% 31% 31% 200 18% 19 20% 20% 20% 7,100 *123 124 *122 11 '/a 11% 20 20 124 19% 123 11'/a / 122 123 11% 11% 11 Vb 60 72'A ♦71 70 122 11% 37'/4 38'/8 37% 38 37% 37% 40 40'A 40% 40% 40'A 40% 88'A 9% 87% 89 88% 89% 89% 90% 89% 91'/a. 10 10 10 10 10'/a 10 % 10 10% 59% 59% 597/a 59% 59% 94% *94% ♦94% 1,200 38 ' 40% ••'•'59 ■> »94 : ' v 10% •'62 '95 62% 121 *120 59% b.J g 1/1/2 62% 60% ♦120% 121 !'120% *119 124 *121 121 % 121 120% 121 1,300 2,400 60'/a 5,700 100 96 10% 5,400 62 1,400 150 121 125 61% 61% 60% 60% •: 14,600 33,100 83,500 62% 1,000 122 120 ♦120% 95% 96 96% 96% 96% 97% 97 97 'A 23 23 23 % 23'/4 23 23 Va 23% 23 % 1,000 48% 49% 50% 50 % 49% 49'A *49 Va 50 1,200 27 27 Va 27% 28 59 % 59% 59% 60% 120 . 1,600 16,200 1 26% 26% 26'A 27% 58% 58% *58% 59% 3% 3% 3% 3% 3% 3% 3% 3% 10,300 x28% 28% 28% 28% 28% 28% 28% 28% 11,300 26% 58% - 3% 29 28% 28% 28 »/4 28% 28% 28'A 29 100'A *.99 >A 100% *99% 100% *99'A 101 12% 12% 12% 12% 12% 12% 12% 13 % 20% 20% 21 21% 21'/a 21% 41 41 41 *88 44% 26 *98% 88% *88 45% 45% 26 26 *98% 102 11,900 2,100 21 •' 21 41% 41% 41% 88 V. 87% 88 88 88 45% 45% 43% 45% 45% 11,300 26 25% 26'/4 ' 26'% 26'A 2,300 102 *98'A 102 *98% , -41 % .-• / 2,600 41%, 180 102 3,800 29%' 29'/a 29% 20% 29% 29% 78% 78% *78 78% 78% 78% *78 79 74 ♦73 74 74 *73 74 *73 11% 46 29% ll'/s 11% 46% 46 •73 107% 107% 13% 13% 81% *80 11 % 11% ♦ 30% 31% *144% 147% ♦144'A 11% 11%. 11% 32% 6% 7 13% 81% *80 32'/4 6% 7 142 147% , 11% 6% 32% 144'A 7 , 140 13% 13% 13% 13% 13% 77% 78 78% 78 78% 78 53% 53% 53% 54 106 54% 106 105% 107 5% *52% 53% 29% 29% 105% 5% 5% 5% 5% 53% 53% 53'A *52% 28% 2,100 28% 29% 29 54% *106 * ■ •> 5,800 4,000 7 , 13% 5% 5,000 11% ,32%, » 32% 78% 52% ' 13% 81'A *80 13% *105% 400 108 ' ' 7 13% 3,900 48 47 107% 107 13% 81% 11% 31% 60 5,000 11V4 ' 13% *80 11 Va 47 % 46% 107 107% 13% 29% *11% 11 11% 46% *106% 78% 1,200 1,600 28% *99% 13% 13% 59% 60% ' 61% *94 % '••^10% 10% lO'/a 10% :* 59% • 96 120% 120 126 37% 125 61%- ^ *122 48'A €0% 10% 10% *120 120 127 52% 53% *105% 107 *5'/8 5% *52% 53'A 29'A 29% l'/4 l'A 7'/4 7% 35 35% 15'/4 15'A *87 88 33% 33% *95 96 8'/4 8% 30 30 17% 18 54 55 47'/4 47% 18 18'/b *133 135 *76 80 31 31% *20% 20% 90% ♦143 72 50 140 ,13% 6,000 79% 7,200 55% 12,700 107% 5% 5 Vb 200 800 x53 53 300 29 29 3,500 % 5,200 1% 1% 1% 1% 1% 1% 1% 1% 7 7% 7% 7% ♦7 Vb 7% 7% 7% 1,200 35% 35% 35% 35 'A 34 ?a 35'A 3,000 15% 15% 15% 3,200 35 35 15% 15% 15 Va 15% 15% 87 87 87% 87% ♦87% 33% 33% 33% 33% 33% *95 8ya *29'A *95% 96 8% *8 Vh *29% 31 96 • *95% 8% 8% 31 •29% 89 88 88 33% 33% 33% 96 96 96 8% 31 8% *29'A 8'A 31 300 1,500 10 1,800 80 17% 17% 17% 17% 18 18 18'a 5,500 17% 54% 54% 54'/4 55 55% 55% 56 56 % 9,100 49 48% 49% 49% 50 % 49% 49% 8,400 47% 18% 19 18% 19 3,100 *136'/4 137 18% *133% 18% 18% *134 135 18% 135% . *76 31% ♦20% *76 80 13% 90% 80 135 *76 135% 79 ♦71 30 79 4,100 31% 31% 31% 32 31 % 31% 21 21 21% 21% 21% 21% 300 21 13% 13% 13% 13.% 13% 12.600 13 13% (The)— ta-100 144 104 40 46 46% *106'A 108'A 13% 13% *80 81'A 11% 11% 30% 31% 6% 7 *144'A 147'A 77% 10 Va 31% 28% 28'A 28'A *99'A 100% *12% 12% '21 21 Va 41% • 41 'A 87% 87% 44% 45'/b 25% 26 *98'A 102 29 Va 29'/4 *77'A 78'A *73 75 11'A 11% 13 V* 38% 10'/a 300 10% Rubber— & preferred Gotham 100 10 Inc Common $5 1 1 preference..No par Brothers Grevhound *93% Sep Co ' 25 *92% Sep 91 Plywood (The) convertible Goodyear 40 • 10c 48'A 26'A 58% 3'A 39% 10 *20 % 20 % 19% 38% 10 10 *142'A 144 *102'A 104 *102'A 104 38% 38 10'/a X9% *142'A 59'/s 59% 119'A 119% 95'A 59% 22% 22% 5 Corp 20 Corp common.No par 14 16 120 *122 1 Co preferred Tire 38% 38'% 29 *11 '/a 10% '10% 62 >62%" preferred No par Castings Time 4%% General *102'A 104 *102'A •27% 11% 37% 3j% 9% 59%''■•'59%' *93'/i: 94'%V' y Telephone 18% Jan Dec 87 Nopar Corp. 49'A Dec 106 11% 36% 39'A 100 100 * 9% Oct 21'/8 4 4 >/8 4 »102% 104 38'A 38% 10 10 Va *142 »A 144 20 20'/4 10'/4 10% *72 73 ♦30%'- 31% 18% 18'% ' *122 .124 1 Refractories Shoe Steel 25 1 21% common Utilities preferred 16 May 11 Dec • 23 18 21'/4 com....No par Cement Railway 34% Mar 11 85 3 18 31% Feb 100 21'/4 21% Service 16 96% Mar 16 45% Nov 16 Jan 81 Apr Public 28 21 2,500 21'% Nopar Precision General 4,900 4 25% preferred $2.90 convertible 21 4y4 Jan 4Va 24% 24% 24% 25'A Advertising-No par 27% Mar 23 8 10 1,500 4 series General Portland 25'/a 25% —„• $3.75 Outdoor 24% 25 y8 28 10 Corp preferred General 1,100 25 25 4 Corp.— Motors 23 % 25% 22% 25'A cominon__3 conv)__Nopar Corp 54% Mar 30 3% Dec 8 $5 23 28 Nopar convertible Preferred *23 4'/a preferred General 5 99% Jan boJ/4 Dec 3% Feb 5% 3%% 500 *22% 25'A preferred-;.!:—i.L;!—No pttf Gpperal Instrument Corp __1 General Mills common———No par 2 23% 23 Va 27% $3.50 14 15 Aug 31 21% Sep 24% Aug 29 16% May 14 Jan 124% Jan 11 Feb 20 61 17 22 Jun y< Jan 50- 14% Mar 19 Jun 52 106 9 119% Jan *94 31 113% Jun 9 125% July 28 2 105 12 23% 22% 27% * Co 41 35% 23% 22% 22% *25% Corp cum Electric ♦34% *23 y8 25% preferred ($2 34% 23 Corp— Dynamics Preferred *34% 23 *34% 25% preferred ———100 2nd preferred 50 General Cigar Co Inc com No par 7% preferred 100 Contract 34% 23% 27 % conv General 35 *23 27% No par com *34% 4'/b 1st 4% Corp Corp 2,700 28 25'A No par Cable 4,800 7% 4'/8 com—1 preferred 800 19% 7 *27% 25 y2 common——5 Co General 35% Mar 25 Investors 5% 19 % 1 100 Transportation__2.50 Amer *5% 7 7 7 x7 7 7 5% 19% 5% 19 50 1.66% com preferred General General 78 Inc preferred Corp American $4.50 24% 2 Industries Mar 25 14 5 Co Container General 7 23% *22'A No par convertible Gaylord $8 common preferred (The) Corp Wood 4ya% common (The) 22% Mar 17 Dec 117 Inc convertible Garrett Mar 24 16% Jun 15 124% Dec 16% May 25 9 70 9 22 5 14% Mar 18 155 (Robert) Gardner-Denver 6 63% Dec Apr Jan 5% 105% Oct Nov Inc Gamewell 9 11 Co (The)— Gamble-Skogmo 3 149 115 33% Jan 13 Co .4 90% 92 92 "31% 91 92 *91 ',4 92 110 15 16 The Commercial and Financial Chronicle... (216) <">„«nUed-Page« NEW YORK STOCK RECORD Range for Previous 23% Apr Lowest Highest 19% July 28 31% July 15 25 28 Va Jan 22% 23% 22% 4% 4% *4% Mobile & Ohio RR com.No par 27% 28% 27% 7 Dec 10 13% Mar 21 31 8% Jan 9 25 Feb 20 38% Dec 23 26% Dec 29 38 % Jan 5 Gulf Feb 27 77 NOV 28. 66% Sep 21 77 5 $5 46% Oct 16 58% Jan 25 41'A Sep 14 50% Mar 27 Gulf 63 Jan. i I Oil Corp 25 — 70% *69 No par preferred 46% 22% 23 22% *4% 5 28% 28 28 70% *69% 70% *69 23 Va *4% 4% 28 Va *69 the Week Friday Thursday Jan. 13 1 Guantanamo Sugar Jan Wednesday- Jan. 13 1 Aircraft Corp Grumman 29 4 V4 Dec Sales for HIGH SALE PRICES Tuesday Jan. ll Par EXCHANGE Highest AND Monday STOCK YORK NEW Range for Year 1953 Year 1952 Lowest LOW STOCKS Monday, January 18, 1954 Shares Jan. 15 28% 70 23% 4% 300 28% 28% 4,000 *69% 5 22% 4% 23 % 70% 11,300 46% 46 'A 46 % 46 46% 457a 46% 46% 46% 20,600 26% 26% 26% 267a 27 26% 26% 26% 27 Va 4,000 Gulf States Utilities Co— 20 97% Jan 3 98'/2 Jan 105 2 Dec 16 22 Jun 7 90 106% May 20 Dec 16 Jun 97 23 y2 Dec 16 1 103 % Jan 16 $4.20 dividend 105% Jan 8 $4.40 dividend preferred Jan 8 $4.44 dividend preferred July 92 July 103 May 105 No par Common 24 2 105 preferred 26% 101 101• *100 ' 102 104 104 *103% 104 105 *104 104% *100% 102% 100 100 —100 "104% 25 35% 35% 35% 35 % *34% 36 % Cementing__5 29% 29% 29 % 29% 29% 29% 17% 17% 17 Va 17 Va *101 104 104 103% *104 105 *104% H 30% Mar 26 32% Sep 24 33% Dec 15% May 26 17% Jan May 26 Nov 17% Sep 68 *14 19 102% Jan 23 26% Oct 23 139% Oct 26 33 Oct 30 9% May 20 15 6% Apr 19% Jun 16 28% May 80 Sep 1 18 29% May 12 93% Mar 4 21% Apr 30 34% Apr 26 17 Oct 66% Oct 29 31 Jan Sep 30 32% Jan 2 21% Dec 78'% Jun 34 Jun 22 34% Jan 22 Apr 20 97 2 21 '/a Dec 29 34% Dec 14 *78% Mar Sep 30 16 5 18 4% Dec 4 10 33 Dec 16 12 y2 Mar 11 3% Sep 16 10% Dec 31 22 Mar 7% Jan 30 Sep 11 17% Mar 23 Dec 15 28% Jan 33% Jan 2 39 30 7 32"% Dec 2 47 66% Dec 19 55 Oct • 90 Oct" 24 12% 41% Jan 21 14% 16 7 Aug 3 96 2 Sep 15 17 Dec 29 36 May 16 Mar 25 % Jan 24 88 Nov 94 Jan 11 102 Mar 25 91 July 17 103 Dec 23 103% Dec 23 96 Jun 19 18 % Apr 22 Jun 22 29 '/a Dec 58% Oct 16% Nov 28 18% Nov Dec 11 Apr 14 54 Sep 15 79 M'lay 14 Dec 29 17% Jan' 13 12% Feb 16% Jun 12 7 21 Dec Oct 7 9% Sep 12% Dec 19 8 29 4% Dec 16 2% Sep 18% Sep 15 46% Dec 31 88% Dec 23 Honolulu Oil Corp Hooker Electrochemical 36% *35% 36 % *35% *14% 14% 14% 14% 14% 69'A 69 69 69% 69% 68% 26% 122 % 122% 39% - 63% 39% 39% 397'a *53% 53% 53% 53% 26% *26% *122% *26% 14% 123 147a 39 122'% 39% 123 14% 27 *26% 14% 30 400 < 4,600 , 710 40% *53Va 14% 300 36% 14% 707% 123 40 63% *26% 27 14% 122% *53 Va 147% 2,100 53% 400 27 15'/a 100 2,900 14% 14% 69 69 *69 70 % *69 70 % *69 82% 83 *82 84 *82 83% 83 83 83 84% 240 19% 19% 19 3 19% 19% 19 'A 19% 3,700 19% 19% 19% a 70% *31 *30 *32 032 5% *5 *5 71 *69 20 31% *31 10 10 10 Va 1,500 11% 11 % 11% 2,900 5% 5% 5% 400 500 14% 14% 14% 14% 14% 14% 14% 14% 14% 14% *25% 25% *25% 25% *25% 25% *25% 25% 25% 25% 100 35 35 Va 3,500 *57 57% 1,900 Co 58% 1,700 coin—5 34 34% 34% 35 % 34% 35'A 35 35% 56% 57 56% 57% 56% 57% 57 57 *57% 57% 58 58 57% 58 58 $4.25 preferred No par 97% 97'A 95% 96% *95% 96% 95% div No par 3 108% 108% 108% 108% 108 % 109 % 108% 13% 13% 13% 13% 2nd pfd ser B Houdallle-Hershcy common 58 57% 95% 14'/a 96 % 96 % 80 *108% 110 109% 580 3,600 13% 13% 14% 14% -——50 33% 33% *32% 33% *32% a *33% 33% 100 Household Finance common—No par *49 % 49% 49 % 49'A 49% 50 49% 49% 49 % 497% 800 100 300 *84'% 86 *85% 86 86 80% 87 88 110 $2.25 conv preferred preferred preferred 4.40% Light & Power Howe Sound Hudson 102% 28% 28% 65 5% (Del) 25 1 Hunt Foods Corp Inc„ 6.6G% 29 29 Va 90 29 66 % 66 % t'6% 66 % 66 % 15% *15'/a 15% *15% 15% 100 12% 12% 12% 12% 12% 6,700 66% 15% 15% 12% 4 95 28% 12% 37 3% a 3% 4 *3% 4 22.100 2,500 900 *7% 8% '7% 39 39% 39% 39% 39% 39% 39% 39% 39% 40 12% 12% 12% 12% 12% 12% 12% 127a 11% 12'% 14% 13% 14 13% 13% 400 2% 3,300 8% '7% 14% 14% 8 *14'/a 8 8 8 14% *14 2% 2% 2% 2% *21% 21% *21% 21% 2% 2% No par Co 103% 66% 1 Hussman Refrigerator 95 *102 *65% *3% 12.50 95'% 103% *15% 3% Hudson Motor Car *95 15% 3% , *102 28% common—100 33 7 95% 65 % *15% *33 103% 95% *102 28 % 12% 100 Ltd—No par 95 % 102% 28 % 12% Hudson Bay Mill He Sin 86 33% 28% 12'/a preferred noncum *95 1 101 1 Co Manhnllan He 95% *95 *100% Howard Stores Corp & Texas *•34% 100 — Oil 13% -No par preferred Houston 5 *35% 15 10 preferred Hoineslake Mining conv Hupp Jan 26% 35% 700 30 12.50 No par Holly Sugar Corp common 8 24 *53% 23 *14% 5% 1 2 22% *5% 5% Mar 19 19% Jan 14 28 Jan 96 *22 Va 5% 14% Mar 11 17 *94'A 22'A 5% 7 2 95% 22% 5 24 6 *94 Va 5 Houston Mar 11 59% Feb • 21 24% NOV May 21'AJan 16 36% Oct 4 66% July 31 17% Dec 3 Jan 3 Jan 9% Sep 14 3 "A Nov 18 1,300 86 35 9% 4% 19% July 28 25 V4 Aug 6 5% Aug 11 23 *83 *34 11% 5 85 69'% 123 23 V8 35 11% 13 19 5,900 86 *68% 15" 40 40 23 Va "9% 99% Jan 30 600 1,300 57% 19 35 9% 103% Jan % Feb 5% 19 *83 11% 3%% 93 800 12% 86 9% 3 9 26 3% May 15 9% Apr 28 52% Apr 18 80 % Jun 23 % 11% $4.20 5% 2,300 5% 33% 12% 19 24 34 9% 5% 5% 23 11% & Sons 23% *32 34 9% (A) 5:8 20 *83 11% Furnace Co 70 900 26 131 23 *9% 5 257% 86 33% 11% 30 57% Feb July 20 33% 10 4 116% Mar 19 12 42 8 31 Feb 102 32 18 49 Dec 64% Jan Sep 22 Jun Nov~19 35% Jan 30 41% Mar 10 58 5 103% Oct 7 2 *22% *83 -1 (Charles E) Holland 14 5% 18% Hires Co Hollander 25 Apr preferred series A 100 (conv)—No par $4% cum 2nd pfd 9 20% Apr 1 29% Mar 21 5% 18% 5% 18% Hilton Hotels Corp Hinde & Dauch Paper Co 6 4 69 % Feb 3%% 7 2 D-c 5 . 23% 13 35% Heyden Chemical Corp common—1 5% *12% 35% 50 23% 12% 35% preferred series A 20 1,900 14% 104 131 33% *14% 10 14 Feb 5% 25% 132 *32 25 53% Apr 91 5% 12% 19 : 14% 104 33 % 22 % 68% 73% Jan 13 23% 5% *32 95% *122% 20 *23 5% 25% 14% 104 * No par preferred Motors—i Inc 23 14% *131 132 22% non-cunt Bewitt-Robins 25% *25% *131 33 % 400 400 104 *94% 100 2 - 6,200 17% 13 % 22% No par Mar 27 25% 200 303a 17% 66 104 104 133 36% 30 17% 36% *65 95 % No par 18% Feb V *35 30 17 Va *13 147 a 14% 14% * 13% *22% Hercules Powder common 29 100 29% *35 65 *94 *94 loo 5% preferred—_ Hershoy Chocolate common 14 , 30 13'A 22 _25 - 6 11 105 65 22 (H J) Co common 4%% 105 13 *64 33% 95% 33% 9 29 32% Mar *83 22% 86 22 % 15 3 4 105 ' % Feb 44 Aug 19 72% Sep 14 15'/a Jan 6 22% Jan 5 21 102 % May 18% • Oct 50% Sep 30 94% Jan 2 x5% 126% Jan 10 *26% Jan 44% Oct 23 5% 18% 17 12 % Sep 11% Mar 31 22% Apr 11% Jan 5% 18% 15 23% Sep 14 16% Mar *12% 100 3.65% preferred <G W) common 7% 12% 5 preferred Hercules 33% • 104 5% 12% 15 2 62 26 22% Nov 5 23 5%, _1 2 Helme 38% Mar 13 *25 *32% Jun 60% Sep 7 Jan 26% Feb 104 *131 23 *5% 37% Sep 48'A Jun 113 7 7 Heinz 14% 25% 20% Apr 74% Jan 13% Dec 5 107% Jan Jan 104% 65% 13 65% *32 Co comtrion Co 3%% 21, 26 % Jan 19% Oct 27 Hecht 5 31 24% Jan 17 2 , 13 *64 132 22% 10 *12% 14 132 100 "Hayes IndustireS Inc Nov 87 91 38% Sep 3 21%. Mar 31 ^ preferred. 13 104% 25 15 com Schaffner & Marx Hayes Mlg Corp Hazel-Atlas Glass Mar 12 Mar 3 24%. Dec 74 8 May 20 Nov 6% 29% Jan 15 100 f Hart 14 '104 pfd—No par Refrac 9 8 'A 21 7 7 May Co $4.25 A) 64 100 2.50 Co 17% 64 *12% No par com {Hat Corp of America common——1 4 % % preferred— 50 14% Mar 20 23 90 Jan (M Paper Harbison-Walk 2 Co preferred. conv I Hanna May 20 36 14 Dec Feb 7 '/a Walcli *17 5 Printing Co F) Hamniermill 26'/a AUg 13 2 5 14% Oct May 12 145 9 14 11% Jan 21% Oct 22 9% Dec July 31 31% Dec 24 15 18 2 17 53% Oct 26 10 Feb 4% ?ep 7 21 105% Feb 22% Dec 29 22 Apr 24 8 15 Jan 42% Feb 14% Jan Jun 12% July 1 7% Jan 26 126% Dec 82% Dec 5 71 (W 4% 30 23 37% May 21 51% Jan 9 70 Jan 131 l 120% Feb 21 31 Hamilton 16% Jan 4 36% Mar Hall 23 22% Sep July 29 .6 % Jan 31 Jan 14 Well Oil 10 102 104% 1 Water Halliburton 30 15 100 5 21 142 18'A Dec Jan 12'/a Sep 18 29 30% Dec 11% Aug 27 61% Dec 30 9 Jun 2 5% Oct 3 34 % Aug 107 21% Oct 23 1 16 18% July 16 81 Feb 19 Hackensack 5 2 23% Sep 11% May 29 36% Mar 15 15 *101'A 102 103'% 21% 22 2% 2% 2% 22% 227a 227% 45% x45 % 8% 23 200 2,600 43,800 1,100 I 36 Apr 29 54% Jan 8 95 Apr 17 *35% Apr 7 45% Feb 23 *47% Jan 8 52% Aug 21 6% Sep 18 33% May 1 4% Oct 30 52 Oct 23 81 109 Dec 19 42 % Dec 10 50 % Apr 53 40% May 25 65 Vb Sep 11 101% Sep 18 35% Jun 16 5 38% Sep 23 84' Sep 1 Aug 1 29'/a Jan 29 4 14% Dec 9 23 % Jan 18 Nov 41% Jan 3 5% Jan 21 105 Apr 12'/a Oct 16 9 68 Oct 9 45 57 Jan 14 40 Aug 15 May 29 36% May 16 47 Oct 22 61% Feb 7 15 29% Feb 15% Nov 25 Inspiration Cons Copper- 20 24 Insuransliares Clfs Inc _1 26 Va Nov 10 92% Jan 14 4%% 11 Interlake Jun Sep 10 19 % Mar 254% Mar 17 Jan 5 166% Jan 7 33 14 1 15 76 Dec 31 Jan 8 1% Oct 7 2% Jan 2 34% Dec 28 47% Jan 5 1 , 26% Mar 24 39%Jah 2 90 No par Machines No par No par common— preferred 100 InVl Hydro-Electric Sys class A—25 Int Minerals & Chemical coin 5 4% preferred —100 International Mining Corp 1 Int'l Nickel of Canada coni—No par Preferred 100 59% Nov 16 International Paper 18 103% Nov 10 $4 preferred L ; ——No par Int'l Rys of Cent Ainer coin—No par 93'A Jun 6 132% Mar 11 12% Mar 18 Dec 30 10% M?ir 17 45% Dec 29 64 May 29 41 International Packers 5% *107% 75% , 54 53 *50Va 8% 8% 41'/a 41% *3% 4% 40% 41% 8% 40% *4 110 99% 99% 99% *166 169 *166 40% 42% 42% 21% 42%" 40% 53 *50% 53 *50% 53 *50% 52 54 *52% 54 *52% 54 *52% 54 53 *51% 52% *51% 52% *52 52% 8% 8% 8% 8% 8% 41 4Va 41% 41 'A 41 99% 169 42% 98% *3% 41'A *40% 98% 170 90% 99 98 170 *166 7,300 200 8% 1,100 417% 2,200 4% 41 99% 3,000 1,600 170 42% 427% 22% 227% 22 3A 1578 *15% 90% 99 *166 41 22% 22 Va 15% 91 4'/a 40% *15% 157% *15% 157% 100 25% 257a 2,400 42% 22 Va 41% *3% 42% 25% 41 4 Va *166 21% 41 *8% 41 % *3% 41 25% *14% 200 49% *15% 247 7,800 *48% 15% 14% 787% 110% 40% 25% 247% 75% 110% 49% 21% 14% 1,600 75% 110% 40% 15% 247% 46% 75% *48% 40 25% *90 45 *108% 49 % *50% 54 *50% 76% 75 Va 40 % 49% *53% 45 *44% *108% *48% 40% *48 52 *50% 26 26 25% 26 *90 91 90% 90% 15 15 15% 248 249 250 % 14% 251 15 Va 252 42% 43% 23 91 *89 15% 15 255% 11,300 5,000 20 3,700 260 1,800 13,600 28% 28% 28% 28% 28% 287% 287% 29 161% 161% 161% 161% 162% 162% 1627% 163 25% 25% 25% 25% 25% 25% 25% 25% 25% 257a 2,300 28% 29% 28% 29 287'a 30 30% 30% 30% 31'/a 11,200 *78% 81 79% *78% 28% 161 *78 80 37 131% 132 *9% 7.50 *102 79 % 1% *1% 2 *1% 36% 36% 37 36% 133 9Va 9% 56 Va 557a *101 6% 46 134 134 9% 55% 103 *6% 45% 81 *78 1% 132 9% 56 100 28% 162 36'/a 1% 1% 36% 55% preferred ,40 44% 109 49% *48 Limited-—15 common 74% 40% 40% 44 % 109 6% 46% 102 6% 47 10 56% 102 101% 134 9% 56 *102% 178 80 590 100 17% 174 300 37 36% 37% 26,700 134 *133'% 134 520 97% 97% 10 Va 5,200 56% 56'A 56% 15,500 103 *102% 103 300 6% 6% 6% 47% 47% 46 % 47 47 47% 360 6% 6% 67% 800 Jun 29 55 Jan 7 International Salt No par 44% 44% *44% 45% *44% 45% 45 45'A 45% 45% 5,400 24 40% Feb 3 International Shoe No par 38 33% 38 ye 38% 38 Va 38 % 38% 38% 387% 387% 1,700 39% 39% 40 40 % 40% 41 30 54 Jab 26 21 35 Jan 19 31 20 % Jan 6 24% Jan 8 3 24 10 31% Dec 18 Jun International 7% Silver common pre fcrred He. Teleg_No par International Utilities Corp 5 4 28% Oct 8 33 y2 Jan 22 2 30 23 % Dec 29 ' 30 Va Mar 18 Interstate Dept Stores 15 11 14 Interstate 36 29 9% Sep 29% Jan 19 41% May 21 31% Mar 16 26% Mar 16 Inter type Corp 30 % Jan 25% May 8 22% Apr 17 28% dec 31 27 Jun 16 25 % Jan 30 22«/8 Jun 15 26% Nov 39% Feb 5 141% Jan 13 5% Jan 19 15Va pec 22 109% Dec 10 130 Jan 6 Feb 11 6% Dec 16 25 25 Internni.ional Toiep 10 % Sep Feb 44% 75 109 38 Va Dec 13% Dec 22 100 Iron— Int'l Harvester 5 16 30% Dec 126% Oct preferred- Int'l Business 7% common 15 36 Va Dec 12 Corp 15 4 16 Interchemical —No par 9% Sep 2 25% Oct Inland Steel Co 100 47% Jun 36% July 24 35 Sep 32'/a July No par 128 Va Sep ■; 20% Pec 30% Sep 2 1 Ingersoll-Rnnd common 6% preferred- 44% 74% „ 5 18 13 Industrial Rayon par Jan 2o Nov A 48 Feb 8% Jan 5 Me^, S 23 15J 26 Industrie Electrlca De 28 33% Dec 30% May 19 cum Dec 23 4 43% May 28 56% Jan 21% Sep 27% Sep 21 3 6% Mar 16 4,42% Jan 24 % May 15 3% May 6 55% Dec 26 21 148% Jun 94 137% Aug 14% Jan Oct 165 224 14 4 19 Aug 13 13% Sep 15 1 48 Va Jan 97% Jan 50 86 23 Apr 23 23% Dec 1 1 50 50 15 13% July 17 21 y4 Sep 15 24 246% Dec 29 36% Jan 50 preferred preferred 101 Apr 35% Sep 18% Sep July 14 172' preferred preferred cum 7 151 3 96 19 27 cum 4.70% Illinois Terminal RR Co 11% Jan 9y« Oct cum 4.26% Indianapolis Power & Light—No 21% May 42% May 4.08% 7 13 19 Dec 5 Jan 54'A Mar 11 22 51% Jan 2 Jan 52 11% Apr 22 40% May 130% Jan 50' 2 18 No par common 42% Dec 41 % Oct 31% Apr 17 88% Jan 25 5 Sep 3% Dec 30 25 4 Illinois Power Co 100 pfd ser A conv 34% Jun 29 2 noncum May 17 96% Dec 16% Mar 4 (>% 46 30 164% Nov 29% Oet 22 42% Dec ' 44 8% Jan 28 160% Jan 28 4 8% Jan 20 Apr 22 113% Jan 20 common_10() 52 Feb 186 Illinois Central RR Co 30 48% May 19 7% Jan 27 155% Jan 18% May 1 88% May 19 15% Jun 16 88% Jan 6 41% Dec 64 % Idaho Power Co 49% Jun 17 May 21 55% Oct 48'A Mar 25 40% 40'A 40% 33 33 33 *32 34% 100 13% 14% 13 7A 14V'a 14 14 Va 14 14 Va 14 14% 21,500 29% 30 30% 30% 30 % 30% 30% 30% 30 30 7% 31% 317% 3,400 1,100 *32 33 *32 % 33 40% *32 1,400 31% x31 Va 31 Va 31% 31% *31 31% 317% 26 26 *25% 26 25% 257a 26 26 25% .3.00 10% 10% 10% 10% 10% 10% 10% 10% 107% 107 a 5,800 No par 30% 30% 30% 30 % 31 31 31% 31% 31% 32 1,200 Iowa-Illinois Gas & Elec Co_No par Power He Light Co 10 29% 29% 29% 30 29% 30 30 30'/a 30 Va 30% 2,800 25 Va 25% 25 25 Ya 25 25% 25% 25% 25 25 V4 3,100 Island Creek Coal common. 16% 16'A 16% 17 17 17% 17% 17% 17% 177'a 4,200 119 *116 $1.40 cuin conv pfd 25 1 Power Co Iowa $6 50c preferred 1 *116 . 119 *116 119 *117 119 *117 26 800 119 J 3% Oct 20 19% Jan 2 26 y4 Aug 15 3 Sep 15 17% Oct 14 17'A Aug 31 81% Jan 2 9p Jun~~3 82 Feb 62% Feb 15 19 100 Jefferson Lake 26 Apr 23 43 Nov 6 9 88% J(in 19 101 Jah 16 9 May 78% Jun 57% Aug 31 50% Feb 9 19 Sep 14 74% Jan 2 66% Dec 8 Johnson 24% Jan 5 Jones & 82 3 5% 71% Jan 7 25 % Jan 21 82 16 90% Apr 38% Feb 2 18 Co Inc common—i Sep 18 86 29y4Sep 14 39% Mar 17 22 '/a Nov 4 30% Mar 12 Kaiser preferred series 5% 2,800 19% *19% 197% 197a 19% 197% 197'a 400 207 a 207a 20% 20% *20% 20% 20% 21 88 88 *87 % 88% 88 88 V2 *87% 88% 88 88 41% 41'A 41% 41 % 41 4178 417% 417% 42 42% 1 *99 5% 101 5'/a *99 101 101 *98 57% *98 57a 101 57i *98 700 290 2,100 101 67% 64% 65 64% 66 65% 66% 667'a 67% 63 63% 63% 63 % 63% 64% 63 63 64% 1,600 10 20 y8 20% 20% 2074 20% 207% 207% 21% 20% 217 a 21,400 100 86'A 86'A 867a 867% *8678 86% 86 % 867a 87 87 1 32% 327a 32% 327/8 33 327% 33% 33% 33 7a 1 26 Va 26% 26 Va 267'a 26 Va 267-a 26% 27 26 3 4 27'A 7,300 47 47% 47 47 47 47 47 47% 47'A 47% 3,700 3% 3% 3% 3,500 No par 12% com Joy Manufacturing Co Dec 5% 19% 20% 100 Johnson. Laughlhi Steel 5% 19% 20% pfd—100 3%% & 5'% *19'A 1 preferred Johns Manville Corp Jersey Cent Pwr & I.t 4% Jewel Tea 5% 1 ^par Sulphur Co Feb 22 31% Oct 30 9 89 53% Oct 30 Oct 25% Mar Jacobs (F I.) Co Jaeger Machine Co 7 20 Va Oct , May 12 July 34 96 25 A 33 , *63 68% 11,500 260 3,200 K 24% Nov 17 38% Jan 3 42% Dec 16 49% Feb 13 *8 26 19% Dec lo Dec For footnoie* natrf *>2 41'/a Nov 30 2% Oct 15 Feb 5 8% Jan 2 49 5% Alum cum & Chem Corp preferred (conv) Kalamazoo Stove & Furnace 50 10 3% 3% *3% 3% *3%' 3% *3% Number 5291... The Volume 179 (2171 Commercial and Financial Chronicle NEW YORK STOCK RECORD Lou est Highest LOW YORK STOCK NEW Range for Year 1953 Year 1952 Lowest 26% Jun 16 33 % Dec 14 Kansas City Pr & Lt Co 85 Jun 10 95% Jan 13 102% May 21 92 Sep 11 100% Mar 98% Jun 18 105% Dec preferred 4% cum preferred 4.50% preferred Kansas City Southern— 36% Sep 5 30% Dec 2 96 15 Jan 106 103% Mar 12 10 Dec 1 May 3.80% . 9 16 14 16 37 Oct 2 19% Sep 4 17 Sep 27 21 28 13 % Dec 19 10 July 68% Oct 22 92% 71 29 20% May July Apr 30 Mar 5 18 82 25 60 6 18 Jan ' 8 Nov 16 24% Feb 3 39 % Jun 16 49% Dec 111% Feb 14 101 Sep 15 22% Sep 28 18% 18% 18% 6,800 14 14 14 14'A 14% 14% 14% 15 14% 14 % 12,800 9 Mar 17 41% May 19 Kinney 95 . 35% Oct 23 49% Jan 21 28 % 91 Apr 28 34 Oct 21 31% Jan 42% Dec 24 37% Apr 28 Jun 9 8% Mar 13 9% Dec 23 5% Dec 8 7% Jan 18% Oct 6 11% Mar 2 88 31 56 14 72% Jan 30 26% Dec 8 1 86 2 92 % May 9% Dec . 22 64 3 Feb 95 23 30% Nov 26 Feb ; 25% Jun 10 21%. Dec 16 21% May 34 14 Dec 29 22%'Jan 20 % Dec.22 1% Jan 7 Dec 4 Nov 13 2% Jan 17% Jan 29 6% Dec 16 14% Jan 6 5% Feb 23 1% Dec 15 4% Jan 22 3% Dec 29 33 % Dec 36 30 18 16% Mar 28 14 Jan 2 Nov 17 25 Jan 7 16 Dec 29 x33% Feb 27 42% Dec 23 13% Dec 21 2 160% Jan 49 May 39% Dec Dec 15 63 29 82 Dec Aug 6 Jun 5 171% Nov 6 58% Jun 9 77% Dec 17 155 30 11 15 48% Jun 25 26 35% Sep 24 19 % Feb 9 46% Mar 17 28% Sep 15 38% Mar 3 16% Oct 1 22 15% Sep 14 21% Feb 4 Jan 2 14 1 26 75% Apr 18% Apr 15 11% Oct 28 24% July 18% Jan 23% Jan 30 64 31% Nov 28 Jun 26 Sep 14% Jan 17% Dec 2 Jan 101 101 97 13,500 85'A pfd 2nd noncum 4.75 conv'preferred Long Bell Lumber (Md) 5 35% Mar 26 10 12 Jan 9 106% Dec 3 14 23% Dec 9 30 10 15 20 67% Dec 30 Sep 15 67% Jan 33% Aug 8 30% Dec 16 8 99% July 7 92 35% May 25 97% Nov 9 37% Oct 16 50 Jan 30 36% Sep 15 45% Jan Nov 14 15% Jan 25 7% Oct 23 12 Mar 20 M 40% Aug 4 45 8 45 Feb MacAndrews 10 135 17 10% July 13 132 2 22 15% 15 15% 1,300 49% 49% *49 20 20 20% 20% 51% 51% 52% 53 1,700 22% 22% 22% 22% 1.000 *47% 49% 20 *193/4 20 50% x50% 51 22% 22% 22% 223/4 *85% 88 *85% 88 • 22% *85% 88 88 8% 8% 8% 8 3% 8% 27% 28 28% 28% 28% 28% 1 13% 14 14 14% 14 14% . U 13% % 6% 7 7 7 7% 7 7% 2% 2% 2% 2 % 2% 2% 2'A 34 34V4 34% 34% 34% 34% l'5% 153/4 15% 15% 15% 15% 18 8% , *2 . J 34% 35 15% 15% •1 8% 3/4 % 3/4 3/4 50 *86% 8% 27% 6% 8% ' 200 500 88 8% 29% 6,800 29% 14% 14% 5,900 It in iti 7,400 7% 2,100 !;! 7 2,300 *2% 2% 800 ,, 34% 35% 7,100 , 15% 16% 1,200 10,100 17% 18% , 18 % 18 18 3/8 18% 18% 18% 18% 39% 40% 39 % 40% 40% 40% 40% 40% 40 3/4 41% 9,100 9% 9% 9% 9% 9% 9'A 9'A 9% 9% 10,400 39% 39% 39% ' 9 *38% 64 63% 159 641/2 63% % 158 159 *39 633/4 158 39% 64% 156% 158 39% 39 63 3% 156 39 64% 63-3/4 156'% 157 39 % 700 64% 15,500 157 150 82 3,100 41% l,6p0 76% 77 77% 79% 80% 82 81'A 82 81% 39% 39% 40 40 40 40% 41 41 *40% 22 22% 21% 22 21% 22 22% 22% 33% 35 33% 343/8 33 3/4 343/8 34'A 343/a 34% 343/a 9,900 18% 19% 19% 19'A 19% 20% 20 20% 20% 20% 12,500 *66 67 67 67 67% 67% 67% 26 27 26% 26% 263/4 273/8 27'A 27% 27% 27% 16,500 13% 13% 13% 13% 13% 13% 13% 14 13% 14% 59,800 28% 22% 17% *106% 107 % *104 104% *106 100 100 100 107% 24% 24% xl7 *109 110% 29% 24% 110 *22 29% 233/4 *68 293A 30 24 233/4 23 1,900 69% 30 300 ' 5,000 24% 6,600 110 110 110 110% 23 23 233/s 1,400 17% 17 17'A 19,900 22% 23 % 23 17 23 22% 22% 17% *109 28% 23% 24% 24% 24% 110 *66 29 283A 29% 23% *108% 17% 17 *106% 17% 107 % *106% 107 % *1063% 107% *106 3/4 107% 104% 1041% *104 104% *104 104% *104 104% 106% *106 106% *106 106% *106 300 106'% *106 ,■ 24% 24 % 24% 24'% 24% 24% 24% "l6 25% 10,700 148 148 148'% 30 41% 41% 41% 42 41% 423% 42 42 42 42% 6,200 59% 60 60% 60:% 61% 613/4 61% 61% 61% 61% 4,000 31% 313/4 313/4 3P/4 32 31% 32 1,400 97% *96% 971/2 *961/2 148 7% 20 200 1,200 15'A 50 Louisville Gas & El 91% Jan 4% 22 % '% Lorillard 24% Feb *4% 21% 13% 10 Co com 4% 20 49 10 50 22% 49% *46%: 120 4%. 20 A—No par preferred series C 52% Feb May 25 15 4,800 85% 22% 5 27% (P) Co common 10 preferred 100 Co (Ky).Nopar Louisville & Nashville —50 Lowenstein (M) & Sons Inc com—1 4%% preferred series A_r——100 Lukens Steel Co— 10 5 15 • 10 10 100 series B preferred 5.25% 7 42% Dec 55 5% 14% 32% *85 853/4 9% 10 32% 32% -*85 " 80 15 *22 *86% 10 pfd series A 5.25% 14 106% Jan 13 May Long Island Lighting 18% Mar 25 110 6 Jun 22 80 22% *4% 5 22 22% ._5 Cement Corp *4% 49 1 —No par . 9% 9% 9%- 4% 31% ' ." 49% Corp Lockheed Aircraft Corp 9% *19% -1 (The)- 33% 22 *46% No par Aug 110 33% 14% preferred— Lone Star Gas Co common-. 34% Jun 23 31% 85 4% -1 Lone Star 146% Dec 41% Dec 31% 85% 22 50 . -Apr-15. Dec"l8 9 10% 31% *84% 9% 26 158% May 24 3 Jan 10 31% 85% Co 34% Mar 19 30% Aug 160% Dec 25% Jan 33 2,600 16 15% Jun 2 24 Aug"" 5 20% 45% 15 101% Jun 143 2,000 45% 18 14 21 107 50% 45% Loew's Inc 21% Oct Dec 2 50 No par 14% Mar 25 15 106% Nov July 14 13 27 74 103% Jun 7 Feb 29% Nov 23 10% Sep 4 27% Mar 27 17 20 % Apr 23% Jun 102 3,200 49% 45 No par ;— 5 Lionel Corp (The) 2.50 Lion Oil Co No par Liquid Carbonic Corp com—No par • 3 % % cohverllble preferred—100 47% Mar 16 21% Dec 43% Feb 33% 49% 45% Tulip -Cup Link Be!!, Co 14 5 33% 49% 45% Lily 30 x27% Nov- 333A 49% 44% 31% 33% -7 -5 Liggett & Myers Tobacco com—25 7% preferred-100 Jan Nov 333/a 49% 44% 31'A *84% Libby McNeill & Libby Life Savers Corp 33% Nov 66 34 49% 46 13 10 xl2% Apr 43 33% 493A 44% 10 8% Jan 34% Jun Dec 33% 49% Libbey-Ovvens-Foi'd Glass Co 13 74 300 _i— Lerner Stores Corp—.—<—--No par 29 173% Apr 1 243A 32% 10% Apr 76 4 *24% *31% 22% Mar 17 Jan 600 2,700 80 42% Feb Feb 21% 483/4 108% 32% 14 9 48% *107 24% Lelrn <& Fink Products-— 4 48% 108% *79% 33% Sep 7 21% 21% 48% *24% Lehman Corp 12 .18% Mar 27 38 7% May 1 '35% Oct 28 61% Jun Nov -"Hlc *21 *106% 48% 108 & Co—L——INo par (S H) 3.85% 21 48% *1063A *31% Lehigh Coal & Navigation Co Lehigh Portland Cement ■ Mar 24 24% 21 - 483/8 108 80 —100 10 25 Lehigh. Vajley RR ———No par Lehigh Valley Coal common 1 $3 noncum 1st preferred—No par 48 11%, Jan 21 48% *106 4,300 24% Lee Rubber & Tire ;5 Lees (James) & Sons Co common_f3 9 . 23 July 14 7% Oct Jan 29% Feb *20% 48% 17 32% t 4%% preferred Lane-Wells Co , 20% 108 243/4 Lambert Co (The)--; iNo par Lane Bryant common—— Mar 12 24% Mar 17 47 Sep 21 21% Nov 23 Jan lV4 Dec 18% Sep 1 8% May 14 46 15 54% May , 12 Dec 25% July 16 10,200 48 La Consolidada 6% pfd_75 Pesos Mix 50 7 10 22,900 42% 16 3/4 24% Laclede Gas 18% Mar 18 68% 41 *78% 7 31 67 % 41% *31% 4 14 % Dec 16% 68% 40% 24% Dec 12 16% 66% 413/8 80 Kroger Co' (The)--—— 25'A Aug 20 16% 663A 40% 20% preferred. prior 5% Feb 2 16% 65% 40% 32% Kress 19% Jan 163A 66 40% 24% 5 21 16% 65% 40% 105 , 31 16 3/4 653A *31% 5 10 4% Dec 28 19 16% *78% F^b 46% Dec 300 32% 5 57% 2,000 " 36% 80 5 16% Dec Jan 20% Apr t *36 36% *78% common Jan Jan ■24 20% Jan 45 8 8 39 *31% Co 41% Jan $5 38% *36 40 __No par Koppers Co Inc common— 10 4% preferred 100 Kresge. <S S) Co10 May 12 39 65'% 1 _1 Corp R) (G 35% Jan 29 25 — Klng-Seeley 22 47% Dec 39% 18% 11 31% Dec 39% 183A Jan 5 10 1043A 353/4 Dec 5 50 *104% 105 39% 24 54% Sep *104 105 18% 78 39% Jan *104% 353A 7 93% 104% 5,600 100'A *99 100% *99 100% 39% 27 . *104'A *99 183A Oct ; 100 95 36% Nov 14 105 100 Shares 323/4 39 80 - 104 100 101 *94% 95 *94'A 18% 25 50 % Mar 25 100 95 32% 323A 32 3/4 32% *35% 8 31 *94% 18 5% 2 Sep 32% 94% 35% 27 81% Dec 323A 94% 39 Apr ;97% July 30 32% 18% 18% Jan 3 32 % 95 *94'% 35% 70 19 32% com.No par 100 100 the Week Friday Jan. 15 38% 21% Feb 26% Dec Jan.14 --No par 4% . ' 3 12 Jan 20% Jun 21 7 51% Sep 114 15 14 37% Oct 9 22% Aug 1 40 110 14% Dec 13% Sep 40 y4 Feb 1 Feb Thursday Jan.13 preferred— 50 Co——8.75 Kayser (Julius) & Co 5 Kelsey Hayes Wheel 1 Kennecott Copper __; No par Kern County Land Co—;——2.50 Keyslone Steel &.Wire Co—No par Kimberly-Clark Corp. com—No par «' 4% conv preferred (cum) 100 28 59 % Sep Jan~26 Sales for PRICES SALE Wednesday Jan.12 non-cum Common Mar 17 9% Feb HIGH Tuesday Jan. 11 Par Kansas Power & Light 45% Aug 10 32 % Jun 16% Jan AND Monday ' EXCHANGE Highest 3 263/4 Jan '87 % Jan 95 Continued—Page 7 STOCKS Range for Previous 148 31 % *96% 40% * 40 % 148 40% 148 *148 41 40% 149 *147 32 % 32% 97% *96'% 97% *96.% 97% 40% *40 40% 40% 40% 1,100 M 10 1283A Sep May 7 41 Jun Jun 3 125 Sep 28 30 17% Jan 243/4 Oct 22 31% Jan 30 20% Dec 29 29 90% Jan 28 78% Sep 14 12 Oct 84 Dec 6% Dec 16 10% Jan 5 26% Oct 30 39 Feb 8 ■' 22% NOV 14 Apr Dec 24 6 Dec 19 20 Sep 15% Sep 15 552 8 7 4% Sep 14 8 Jan 16 Jan 23 22 July 11 Magina Copper 28 Mar ' 12% Jan 17 63/4 Sep 18 11 29 % Jan 28 163A Sep 21 25 13 Dec 22 11% Jun 10 25 57% Jan 22 52% Jun 15 58 17 27% July 8 ,223/4 Sep 15 25% Mar 19 ■ 10% July 52% Feb 2 23 Nov 85 Oct 7 94 Jun 9 8% Jun 25 16 Dec 19 15 13% Jun - 80 Sep 8 12% Jun 16 Marathon Jan 13% Dec Feb 88 % Mar 4 % % lJ 14 % 10 Sep 14 33% Jan 2 16% Dec 29 25% Feb 18 17% Sep 15 21% T«o'v 16 10 34%,; Aug 28 42 'A Dec 30 10 98% Jim 30 i io% Jiin 5 11 27% Jim 10 Martin-Parry 2 20% Feb Oct ,'38% 30 Oct 49'A Apr •» Mar 104% Jan 3 29% Jan 25 90% Jan 2 98 July 21 83 % Jun 5 95 Jan 20 90% Jan 2 97 May 7 82% Jun 12 95 Jan 6 2 ir, % ivr^v 94 19% Dec 31 16 Dec 30 19% Dec 4 :Masohile 'Master : Jan 79 '14% ."45% Jan 87 4 18 15% Mar 7 Feb 28 42 May 51 12 X22'% Nov Jun 34 % Aug 10 Jan 113 T.»lv 32% Mar 23 1 Sep 15 21 45 Sep 29 52 -15 Dec 4 < " -Mar 12 31 20% Sop 14 30% Feb 10 45% NOV 13 41% Nov 27 45:,A Feb 17 65 2q 15% Feb 16 92 8 57% Sep 15 22 353/4 Dec 1 3 17 33% July 2 71 % Jan 12 39% Dec 3 Jan 73% Mar 12 Corp common preferred $2.50 4 72% Dec 28 83 % Apr 5 Nov" 2b 11.3', r>p0 25 Nov 17% Mar 30 55% Mar 7 98% Apr 28 89% Dec 71 26% Sep 14% Oct Corp 28 Sep Porcupine McKesson & Robblns Inc. 17 46 233/4 Jan 23 26% Jan 7 18% Dec 24 26% Jan 21 McLellan 12% Nov 3 15%'Jan 21 11% Dec 29 14% Jim 22 McQuay 223/4 July 15 28% Feb 2 21% Sep 14 29% Dec 18 Mead 95 18 —1 Co Stores ' 86 14 83% Oct 13 24 26'/a J»n 2 Feb 8 11,% Dec 46 Aug 153/4 Sep 94 8 22 12% Oct Jan 26% Dec Aug 19 23% Mar 16 ' Dec 10 50% Mar 12 15% Apr 16 21% Dec 9 Oct 6 35%.Jan 22 17 93% Dec 12 80 47 22 84% Jan 4 104% Oct 3 121 2 Jan . Sep May 923A Jun May 1 10 No par 4%% preferred (1st series)—100 Norris Mfg 28% Mar 19 20 143/4 May 22 503A May 21 15 19% Jan 14 4 10 7 Corp Co (The) common— 1 convertible 1st preferred—50 Stores Co Inc 3% Merck & Co Inc. common. 16%c 5% 25% Jan 5 89 Oct 27 $3.50 111 Jan 20 $4 preferred conv preferred—. No par Mergen thaler Linotype Co—No par 2nd $4.25 23 97 Nov 25 21 Sep 15 31 J01? 31 Nov 5 Merritt-ChaDinan 39% Jan 9 M'esta, Machine 28 Nov 22 Oct 15 28% Jan 2 22 Jun 16 37% Dec 18 54% Feb 11 28 Dec 29 923/4 Jan 2 101 Jan 3 91 Jan 33% Jan 91% Feb 20 Oct 6 105 20 Jan Jun 25 95 Sep 14 97% Jun 14 3 88 Jun 12 95% May 23 109% Aug 8 26% Dec 18 8 Jun 11 86 108 84 July 99 May 21 3 28 55% Sep 22 28% Nov 28 2j23A Jun 9 page Metropolitan Edison 4.35% preierred 93% Jan 13 3.85% preferred 93% Feb 4 107% Feb 19 66% Dec 813A Jan 14 2 2 293/8 Mar 16 see & 12.50 Scott 5 Co Feb 105 14 203A Feb footnotes 98 % Jan 183% Sep 58% Oct For 30 , 27 % Mar 5 31 9 3.80% 4.45% Miami preferred preferred 100 100 100 5 series series series Copper Mid-Continent Middle 3.907//, pfd—100 series.! 100 South 10 Petroleum— Utilities Inc—No par 22 I 253A 25% 26 26 26% 26% 263A 2,700 17% 17% 17% 17% 17% 17% 17% 17% 3,400 *515 *515 535 *4% 4% *4% 223/4 • 535 *515 530 4% 4% 4% *4 "A 5'% 5'% 5'% 200 23'% 23'% 23% 23'A 1,000 7% 73/4 77% 1.500 20'% 20'% 23 73% 19 3/8 123/4 7% 7 3% 19% 73A 12% *515 4% 4% 23 19% 535 *6% 4% • 23 73/4 6% 4% 5'/a 19% 19% * 43/4 20% 18,300 12% 12% 12% 12% 12% 6,300 55 % 55 55 55 55 24'% 24% 24% 24% 84% *84% 84% *543/4 55'% 24 % 24'A 24% 24% 83'% 83% '*833/4 84% 173% 18 18 18% 177% 18'% 17% *13% 133A 13% 13% *13% 13% *13% 16% 17 18% 183A 18% 18% 18% 39% 40% 40% 40% 42 *103% 104 % 104% 104% 104% 105 28'A 283A 28% .28% 28 7% 29% 93% 93% 93 93 93 93 • 17 is 40% 104 y2 .40% . 104 28'A 28'A 92% 93 93 93 93 49 *84 16% 17 17 94 *93 94 *93 600 7,800 800 17,100 700 6,700 *83% 84% *83% 17% *17% 173/s 17% 18 *17% 17% *47% 49 *47% 110 85 17% 270 94 83'% 49 *47 *47% 49 49 15 % 15% 15% 15% 15% 20% 20% 20 43 43 43 43 43 43% 12% 12% 12% 12% 76%- 76-% 12% 12% *76%' 77% 68 3/8 68% 12% 68% - *69, 69 *76 68% 34% 35% *35% 35% 35% *76 533/4 56'A 55% 553A 54% 383A 38% 39'% 39'/a 39% 19'A 193/a *11% 28 28% *86 3/4 28% 28% 19% 19'% *12 12% 28% 28'A *863/4 88 28% 19 7% 12% 12% 12% 28'A 28% 88 86% 86% 28% 2,400 60 77 693A 1.200 37% 1:700 55% 55'% 1.900 39% >' 39% 2,900 20 20 % 1,700 12% 800 12% 28% 29 *87 4.400 40 88 28 3A . 28% 28% 28% 28% 3.600 12 *11% 12 11% 12 1.100 *46% 47% 11 % 11% 48 *46% 47% *46% 47'A 17 16% 16% *163/8 167% 19% 19% 283% 11% * 19% 13 37% 54:% 38% 200 43% 69% 36% 56% 3.000 12% 69 383/4 800 20% *43 77 34% 15% 20% 20% 43% 30 1,500 15% 15% 20'A 11% 17-'% 83% *93 20 88 130 62,000 13% 84% 15% 12 3,900 ' 21 77 18 *83'% 17% 68% 34% 56% 38 /4 19 '/a 12 28 ,500 18% 39% 163/4 *18 3% 84'% 12% .,,.77 1,300 . 12% *543/4 92 19% 19% 20% 16 20% 47% 10 47% 16% 16 16'% 3.000 21% 21% 21% 15.000 4 20% *87 99'/a 87 3/4 *87 99% 100 100% 100% 100% 95% 95'% 95% 95% 96 *95 96'% 96 96% 26 7% 27 27% 27% 27% 2,200 21% 21% 22 8.800 *95 26'% ,26% x2ty%, |-£2 1 *92% 26% 26% 21% 21 % 21% 293/4 29% *29% 94 *92'% 94 92% *103'% 105 '*103% *103 *91 *89 104'% *103'% 23 % 105% 66% 27'% 26'A *87 88 30 30 1 May 27 101 13 No par 700 200 25% 28'% 92 93 19 —No par pfd 2nd 67% *6% 104% 28% 11,2 *46% ' 18 % Mercantile *6% 6% 40% *86/4 —1 Mengel 19 Shoe Melville 91% Sep 7 Co. Corp common— 6% 6% 16% so 5 Mines; Mclntyre 1 260 8'% 8'% 18% 47 A 15% Corp common—50o convertible preferred—TOO— Electric Co 1 McGraw-Hill Publishing 5 3,900 '*7% 13% 28 3%% 333/4* Nov Jan 104 M'cGraw 1 52 /s McCrory : Stores . 22% 84 8 8 *7% 8 17% 17 A preferred *83% 12,200 83% 16v4 —No par No par No par -3 50 McCord 22% 83% 300 14% 24% 83/2 McCall 22% 83% 14% 55% JJ A No par $3 ■ 21% Mar 25 26% Dec - 22'% 83% ' Y^u Maytag Co common.— Mar 16 223/a 82% 12% 03 A cumulative pfd $3 40 22 % 83'A 19% J4% ' 22 3% 83% 73/4 ifj May Dept Stores common 5 $3.75 preferred '. No par $3.75 cum pld 1947 serles_N<> par , 22% 23 '4 5 Co——-—; 14J/a 5% _'{f 6-25 Corp 14% 4% 4 A Corp— Electric 14% 143/s 535 —1 (Glenn L) Co 14% 1.500 42 130 14% 8 9 42 *125 25% 37 No par —No par —1 MatliiesoH Chemical Corp com 5 4.2.T7/- conv preferred'— 100 5 2 28 9% Apr ii 100 preferred : Marl in 18% Mar 20 8% 42 130 173/a No par Marshal) Field & Co com 83/4 8% *41% *125 6% 50 (conv)— preferred 4%% 17% May 12 21% Corp Midland Corp common Marine . 42% 130 8% •> » 5 1 Shirt 'Maracaibb Oil Exploration. Mar 2 24 Oct 22% Apr — No par os Manhattan 25:1/4 Jun * ;/.8% Bi Mandel 9 j -J 83/4 *413% *125 83% °/4 10 --1 50 1 — — Magnavox Co (The) 'Mahoning Coal RR Co Manati Sugar Co 6 •' Mar 23 % Feb ' 8 3A 42% 130 22% " j" No par No par 42% *125 14% 5 Garden Square *8% 42 130 ,, (R II) Co Inc com No par 4%% preferred series A—.—100 Magic Chef 9 22 % Jan 15 15 ■ 517' 10 ™ 100 preferred Madison 12 Apr common—10 Macy 8 May 32 30 8 • 18 Apr 21 Sep Dec 0 97% Jan 3% Dec 536 9 7% 29 113% Mar 18 15% Aug 13 t 16 9 Forbes & *®1/a 5 Working Co Wood M Mack Trucks Inc. 10 Jan 87% Mar 27 7% Oct 7% Oct 485 15% Nov &, 6% " 9% Mar 13 7% Aug 25 24 Mar 24 26 17 93% *91 *89 92 24 *104% 24 66 3/4 273/8 27% 88'% 100 101% 2134 29% 1,600 50 800 30 30 *29% 30 92'% *93 94 *93 94 105 105 105 105 *103% 93% *91 93% 92 *89 93 *89 1053% *104 1053/a *104 10 1 10 94% 93 104% 30 24% 24 % 24% 24% 24% 6,300 67 67% 67 67'A 66% 67% 9,100 27% 28'% 27% 27% 27% 28 24 67 27% *87 100 *91 1053/8 % 67 88 100 *91 . 105 3A 24 217% *87 *89 93% 91 88 ■ 19,300 * ; 18 (218).. if f :b • , 1 ' The Commercial and Financial NEW YORK STOCK RECORD Range for Previous Lowest 39% Jan 4 20 20 Range for Year 1953 Highest 131'A Jun Lowest 46% Dec 13y 1 29% Dec 14 3 125 % Ot 7 tofcp 6 30% Jan 22 21% Oct 26 17% Nov 28 16% Jan 26 15% Oct 23 19% Dec 19 45% Feb 14 62% Dec 18 Apr 24 48% Jan 2 105 Jan 23 16 Oct 28 24% Jan 2 80 Nov 19 91% Jan 11 23% Nov 7 30% Jan 9 9 Nor 31 19% Jan 68% Nov 30 6 60% Dec 3 94% Jan 11 8% Dec 29 69 104 Jan 19% Jan Oct" 15 37 Mar 12 23 Oct 1 88 Jan 26% Jan 21% Dec 24% Oct 13 22 20% Jan 22 15% Sep 14 16 38% Dec 11 34% Jun 10 3% Oct 10 8% Feb 15 16 67% Dec 21% Apr 21 24'% Nov 12 12% Mar Jan Marie—No par 31 31 57% Sep 15 70% Aug 23 33% Sep 15 58% Jan 7 22 Dec 31 33% Dec 17 14% Aug 5 13 Jan 5 18% Jan 4 30 109% Jan 21% Nov 17 28% Jun 30 26% Apr 16 31% Dec 19 2 7% 6 preferred Mohawk Mojud 15% Mar 25 20% Mar 23 Monarch 79 15 95% Jan Monsanto Sep 20 28% Mar 11 22 67% Jan 69 69'A 71 7,400 57% 57 *102% 104 58 *102% 7,300 *103 104 1 104 9% 25 9% 10% 72 71% '19 RR 21% 21% 21% 27% 27% *27% Montana-Dakota 17 16% 17 38% 38'A 39% 5,600 4% 4% 61% 62% 40% 23 13% 4% 4% 4% 4% 47« 47a 62% 2,200 62% 62% 62% 41% 41 627/a 44% 63 y4 3,200 44% 45% 45 46% 23% 46% 23% 47% 23% 23 35,000 23% 235/a 23% *23'A 13% 23% 13% 13% 1,000 13% 13% *13% 137a •16% 13% 13% 17% 17 17 17% 17% 17 17 167/a 17 600 82% 83% 82% 83 82% 83% 827a 83 83 84 21,100 20% 6 20% 20% 20% 20% 20% 20% 20% 31% 20'A 31% 20% 31% 31% 31% 31% 31% 32 1 32% 317/a 32 ya 33 32% 32% 32% 33 No par 12 333% 56% 327/s 34% 57 56% 57% 57% 33% 57% 573/8 57% 573A 59% 12% 12% 12% 12% 12% No par 12% 12% 12% 127a 12% 12% 12% 12% 12% 12% 12% ♦125/8 13 123A 1274 1,500 31% 31% 32 32'A 32% 32% 32 y4 32% 32'A 32'A 8,900 22% 22 22% 22 22% 22 22% 22'A 22% 2,500 29 43% Jan 6 31 21 Dec 31 34% Mar 18 Motor Products 23 10 25% Dec 15 21% Dec 29 27% Jan Motor Wheel _j 22% 22% Co 1 23% 23% Coip 1 19% 19% 8 21% Sep 14 27% Mar 16 Mueller & 18 Sep 15 26% Mar 13 Mullins Mfg 26 12 Jan 5 49% Dec 19 43 Dec 31 106% Oct 6 57% Jan 110 48 Dec Nov 4 1 Aug 25 42% Aug 26 21% Dec 48 24 14% May 19 50 104% May 18 16% Sep 15 28 52% Feb 35% Dec 4 Jan 3 4%% 24% Feb 26 Feb 25 50 29 Munsingwear Inc Murphy Co (G C) 6 110% Mar 51 Feb Co Corp Corp Brass 25 18% May 1 42% Mar 13 Lines Inc Dec 2 '22 —5 13% —1 common- preferred 10 Myers (F E) & Bros No par 2,900 22'A 22% 22% 22 3% 22% 22% 23% 23% 23% 23% 23% 5,700 20% 20% 23 y2 20% 23% 19% 20% 21% 4,600 13% 13% 42% 13% 42% 107 % 18% 18% 43 37% 9,700 20 107 Vb 18% 7,000 14,000 « 19% 42% '42% 7,200 23% 107 % •107 50 com. preferred 22% . 13% 42% 100 Murray Corp of America 4% 800 No par (The) 29 % Dec 13 % Jan 2,200 4% 62% pfd.100 Co *4% 62 44% Oct 32 Dec 29% Jan 11,600 167a Aug 7 22% Jan 14 25 28% 5,000 38% 5 Utilities Co (John) 1 273A 28% 22 17 Morrell 5 '273% 290 21% 38% 16 20 28% 3,800 16% 15% Apr Feb 27% 27% 22 38% 15 11% Jun 21% 16% Moore-McCormack 18 22 10% 73 20% 3 Power 22% May 21% 21% *1974 38% No par Monterey Oil Co Montgomery Ward & Co 6 19% *19% 16% 15 1 20 10 72% 38 Co Montana *19 72 16% No par 32% Mar 26 10 % 72% 72 800 38% 20 40% Dec 104 97a *71% 9% 16% 1.25 17 10 9% 37% 100 conv 10 10 •103 9% 5 Tool Chemical 10 104 20 *19 par A 5% *103 9% 71% 71% 20 18% Apr Mar 2,500 10 com series Machine Motorola 21 56 y4 15 14 203/4 68% 11% Sep 10% Sep 36 20% 56% 18% Aug 5 14% Jan 10 3 •2oya 9% 68% 65% Mar 19 Nov 1,700 9% 18 12 22 56% 53% Sep 2 *2174 67% *9% 9% 2 16% Jan 21% 9% Co RR 29% Nov 11 21% 68% 100 17% Sep 25% Jun 14 20 21% 20% 57 Carpet Mills Inc 11 700 21% 20% 67% Co 15% Sep Shares 31% 128 56% 9% 1 Pac 31'A *127 67 % common Development JMissouri 31% 128 56% Mississippi River Fuel Corp 23 82% Oct 55% Oct 20% *127 56% preferred Missouri-Kan-Tex 6% Mar 12 21% *207/a *31 y8 127 67 1.50 Corp Mission 23% Mar 25 41% Mar 17 Dec 21'A 20% 31% 127 the Week No par Reg common preferred Minneapolis Power & Light—No Missk j 21% 21% 20% 31% 128 •127 128 " 4 31% Jan 20 8 31% *31 % 31% '31% Friday Jan. 15 No par & Mfg 1st Jan. 14 No par preferred $5.50 21 59% Dec 4 16% Oct 8 & Thursday Jail. 13 10 $1.50 2nd conv 34% Mar 25 15% Oct Corp Paul Min Wednesday Jan.12 '127 -100 Minneapolis-Moline Co 22 17 St $4 5 9 33% Oct 50 Minn Minn Sales far Tuesday Jan. 11 5 common Minneapolis-Honeywell 29 18% Nov Oil SALE PRICES Monday Far Minneapolis & St Louis Ry 2 27 Apr 19% Nov 25 Midwest 20 Dec 8% STOCK 1st preferred aw 24% Mar 20 53% Feb 42 , Midland Steel Prod 7 Feb 24 YORK LOW AND HIGH EXCHANGE 46% Jan 139 9 13% Feb 101% Feb 25 NEW Hubeit Oct 39 Continue*—Pagt 8 STOCKS Year 1952 Chronicle./.Monday, January 18% 37% 37 % 133/8 43 18% 133/8 107 13% 500 433A 433/4 1,100 106% 43 3A 106% 106 >/2 60 19% 5,000 19 19% *42% 43 *42 3A 43 —— 39 39 18% 43 *42% 37 % 133/« 42% 107% 18% 43 *42% 13% 42% *107 1,400 2274 *38 38% *38 39 300 19,500 N 17% May 1 22% Dec 1 16 Dec 29 25% Feb 26 20 60% Feb 100% Dec 18 74 Sep 15 99% Jan 2 1 28 Oct 6 31% Apr 15 11% Oct 15 16% Oct 24 19 36 Aug 16% Jan 4 20% Jan 8 23 23% Dec 35% Dec 8% Oct 21 179% Jun 12% Jan 49% Nov 3 9% Jan 2 13% Jan Sep 24 174% Dec 14 14 13% Feb 26 60% Dec 24 10 28 61% Mar 19 14% Nov 25 xl0% May 15 21% Mar 51% July 22 13% Jan 2 18 22 158% Jun 31 2 14 19% Sep 1 23 11% Sep 16% Sep 13% Jan 14 18% Mar 27 25% Mar 20 National 38 Mar 19 National Biscuit Co 18% Aug 18 11% Jan 5 20% Dec Sep 21 1 56% Jun 10 66% Dec 14 4 12 29 15% Jan 8 22 23% Jan 6 29 99% Jan 5 19% Oct 30 34% Jan 2 97 Sep 18% Jan 16 110% Jan 24 91 17 23% July 98% Oct 1 33 Jan Dec 16% Sep 84 Dec 7 17% Sep 8 85 29 % Dec Mar 27 Cylinder National Dairy 96 Nov 4%% Apr 24 38% Dec 31 Feb 20 177 Jun 18 155% Jun 3 173% Nov 4 136 Jan 15 24 132 Apr 146 Nov 4 7 9% Dec 29 26 7% Dec 24 30% Oct 23 40% Jan 30% Jan dd'/B 31 34% Sep 22 31% Nov 24 85% Jan 91 23 Nov Apr 2 14 10 4 1 13% Dec 10 Jan 3 104% Jan 7 105% Sep 30 9% Jan 3 13% Sep 43% Jan 11 35% Dec 11% Jan 16 11 24 Nov 7% Apr " v * 8 Neisner 4%% 29 98%,Mar 20 14 %Sep 4 4 10% Apr 31 % Jun 85% Jun 30 12% Jun 11 93% Apr 2 14% Mar 30 97 23 85 18 92% Jan 22 Vulcanized Mar 25 106 Jan 2 20 56% July 1 37% Aug 31 56 Jan 20% Feb 4 10% Sep 15 16% Jan 29 75 7 64 30 72% Mar 23 July 22 Jan 31% Dec 30 36% Nov 24 18% Nov 13 17 Oct 9 14% Apr 24 9 86 Oct 10 4,300 207a 1,100 17% 17% 17% 18 17'/« 18 177a 17-/8 173/4 18 ya 6,300 54% 65% 64 64% 64 % 64% 64 64% 64 64% 7,300 12% 12"% 18% 89 20% 12% 18% 88% 20% 12% 18% 203A 21 y4 95 95 95 174 39% 38% 39% 173% *172% 173% 172% 173% 173»/4 *142 143% *142 143% 142% 142% *142% 5 9% *93/a 9% 22% 22'/a 223/4 *26% 27% *26 27 47% 47% 48 27 y4 27% 27% 25% 25 V2 90% 90 90 28% 115 144 120 10 9% 273/, 600 23 y4 9% 1,800 29 1,500 47% 473A 47% 473/4 *27 Va 27% •27% 27% 200 5,800 26 263% 90% *90 90 90 20 30 14,100 118 1,900 28% 28% 29'/a 29% 29% 115% 115% 115% 116% 29% 118 1 Fibre 6% 6% 6% 6% 6% 63/4 63/4 67a 674 7% 1 10% 10% 10% 10% 10% 103/8 10% 10% 10 3A 103% 4% 4% 4% 4% 4% 47a 45% 43A 43A 43A 11% 11% 11% 11% 11% 11% 11% 11% 11% 12 *14'/a 14% *14% 14% *14 14% 14% 14% 143/a 147a Co i Inc 13,100 26 25% 253/4 90% 115% 28% *114 115 25% *90 142 % 12,900 174 23 27 27 47 % 27% 25% 28% 100 9% *22% 47% 25% * 143% 9% 27% *90 174 22% 20 397a 383/4 a *9% 26% 47% io % 22% 26% *27 100 Inc 9% 22 200 10,200 207» 38'A 9% 14,400 893/4 *88 ♦94% 95 '172% 21% 2,100 18% 18% 8?3/4 20 3A 20% *94% 123A *12% 18% *88 89% 20% 95 12% 18% 18% *88 20% '94 125/a 12% 18% 89% 20% 95 *94 12% 18% *88 1 common 100 Inc 105 88% 100 preferred *105 106% *105 106 % 106 % 50 15 % 15 15'/a 15 15'/a 15'/a 15% 3,500 '33% 33% 34 33% 337a 33% 337a 2,900 x88 88 88% 88 3A 90 90 15% 14 13% , 92 *41 41% 14 69 '88 89 14 14 14 14 *90 92 *90 it a - 41% 40% 14% 69 33% 92 13% *89 *89 100 200 106 V2 89 *33% preferred 1,500 34 15% par '105 1,500 3,100 15% 105'A 5 22,000 14% ' 69 y4 / t, • 41 14% 14% 143/a by V4 bo bo 423% 5,600 14%, 14% *68 ya 12,700 92 •90 6b % 670 14% 14 14'/» 92 14% 14% '68 *105 4,500 90 69 y4 26% 26% 26% 26 V2 26% 1,600 lR5/8 18% 19 18% Dec 18 5% 29 2,900 25% Jan 30 New York ' 30 Sep 14 48% Jan 5 101% Jun 10 109 % Mar 9 Oct 15 3 73 5 14% May 1 59% Oct 13 9 80 Mar 24 400 Dec 94% Feb 2 673 13 24% Dec 23 Sep York Air 6% New 18% 19'/. 18% 18% 18% 19% 183/4 19 187a 19% 51,100 20 33% 34% 34% 34% 343/a 347e 347a 36 35'A 36 13,200 100 '106% 107 106% 106 V2 *106 107 *106 107 City Omnibus Corp.No par 16% 17 17 17 17 17 17 17 66 *63 66 *63 66 *63 66 York 92 Feb Jan 8 N Y & 34 Feb 18 N Y New 657/a Feb 5 Nov 6 $5 9 31% Sep 21 non-cum 80% Jun 11 92 6 247s Jun 2 85 May 21 2 92 Nov 21 79 Jan ,10 28% Feb 2 28 80% Nov A No par common 10 5% series A 5 94% Mar 29 52 40% 41% 41 41% 413/8 41% 25 24% 24%' 24% 24V. 24 %, • 20 20% 20 20% 20% 20- 2 13% Dec 11% Jun 16 7b 16 Sep 14 4 Jan 84 14 % Dec 5 Jan 2 Jan 3 110 Nov 94 Jan 5 102 Nov 11% Apr 11 % Sep 30 15% Jan 9 16% Jan 31 14% Jan 25% Jan 31 16% Dec 30 24% Jari ^.1$ 28 18 % 8ep 25% Apr 9 2 39% Dec Apr 24 87 100% Jun 18 109 25 89% Jun 19 101 7 12% Jun 15 22 8% Dec 34% Jun 29 18 10 Mar 19 > Jan Pacific 8 104% May 15 o 50% Oct" 6 22 Jan 106% Aug 12 94% Apr 10 94% Jun 12 ' 60% Apr 27% Dec 7 39% Feb 106 2 lo 2 Jun 12 May 18 93% Jan 106% Feb 27 104% Dec 83 , 25 9 16 49% Jun 23% Jun 17% Mar 13 19% Dec 9 13 16% Sep 1 19% Dec 24 17% Jun 6 8% Dec 15 14% Feb 2 7iy« Sep 23 95% Jan 9 2 Oct 27 12 108% Jun For footnotes 2 pae*».22 9% 9% 85% ♦85% 40% 40% *108% ,100 54 y« . 110 *108% r54% 9% .. 110 54y4 * 9 13% preferred ,100 *861% pi-eferred 100 preferred .100 Northrop Aircraft Inc__ — 1 Northwest Airlines Inc. common—10 4.6% preferred J __25 Norwich Pharmacal Co 2,50 ' 10 57% Aug 10 28 6* 90 Mar 23 -12 common preferred 3.90% preferred 4.56% preferred 4.44% preferred 13% 141 87 - *98Va 16% . 87 . ,. ♦106% 107% -107% 55% 14 87. 107% 99 99 99% 16'% 16% 16% 7% 8% 14% •„ .16% 20% 20% 38% 38% ■ . 7% 94% 187a 1874 600 41% 41% 4174 10,100 *2474-" 24% 2oy4 20% 24,200 21 Vb' 21% 55,700 41 " *24y4 24%' 2(0% ,20%/ •207a 21 y4- y9%: :97a : 40% 41 ♦108% 110 • ' ; 9ya 85% 41 800 - 41% 9%* . r 56% 55% 280 974 85% 41 407a •108% 110 56% 55% * ' 86% *85% 86% *85% • 14 1474 8672 •99- , 8 ' 1674 87a 15'% 20'A 38 3A 387s 38% 1053/4 147a - 86% 8672: 10772 107% 15% 3,000 20 6,000 ; 10 109 109 5674 57% 18,800 10474 *99 99% ' 173% f 8%» ,1574 2074. 387a . . 14 % 86% •1067* 10774 ' 147a • 16% 87a 1474 87%:. ♦107 • 20,100 99% 99% 17 16% . 8% 87% 1077a 100 108 100 *104% 105% 10574 —————No par Oklahoma Gas & Elec Co com 10 4% preferred ; 20 54% 54% 54% X26% 26% ♦19 19% — : 100 Co common convertible preferred 93% l 9% .100 75% 9% 16 *105 105 ' . 340 70 140 16% 6,200 8V4 15.800 157% 167a 15% 1674 14,700 21 21 2074 21 y. 1,000 39 % hi 10,300 53,700 94% 250 387a 38% 1053/4 10574 8 39 iSe Too *,106 % 4 % % 90 94 %' 183/4 20% 21 100 Corp *87 95 *18% 20% 14%- 105% Oliver 90 *94 20% 20% *105 OH *87 94% 'its 4.40% Ohio 83 41ftna)~ $3.60 Ohio Edison Co *81 VB *9% • > 66% 40% 9% 83 20ya 2oy. 20% 3,800 *81% 84 ' Jan 100 * 40 - $4.10 9 97% Jun 12 106% Nov Ry *24Vv g5% _ - .100-- states 'Pwr Co ' 1 _5<J Co_ preferred 1 14 Gas $4.80 v Mar 12 18% Mar 17 Natural Common 13 27% Jan l 7 —1—1 > Northern 13 8 18% July 18 90% Dec .10 , Aviation Northern 5% ',/ - 16 82 105 American; common Corp, Northern Central Ry Co 3 ^ 10% Jan Western Ry & Nun ueast, Capital 8 107 % Nov 217,900 25 " North 16 2 120 2874 18% 3.90% 23% Mar 24 22% Dec 21 Jan 947a 28% 93% Adjustment preferred North American Co. Jan 36% ♦93'% 28 y4 ♦18% 16 46% Jan 365% 94% 28 *87 Jan 87 3674 *93% 28 ys 18% 25 \15 x36% 93% 275/a 93% 2 14 363A 93% 27% 89 Norfolk Sep 365A 93% 27% 18% 30 juiy 6 34% Sep 24 103% Oct 6 36% 93% 93% 53% Jan 83 36% 27% 27% *87 12 26 36% 93% 36% *93 18% 23 8,600 Corp— 93% 39% Dec 30 9,100 88 22% Jun 19 1,900 29% 18% 8 47% Dec 55 YA 29% 93 % 16 89% Dec 55'% 29'/a *86% 26 % Apr i 55 29 2 8 7 545/8 29% 100 Nopco 15 54 y4 287# 100 26 19 533/8 29 preferred 13 20% Jan Jun 531/4 28% preferred Chemical Co 94 Vb Nov 15 8 53 3.60% 87% Jan 29 90 20 450 26% *81 y# 22 87% 86% *385 257a 83 Sep 15% Sep - 86% 405 26% *81 Jun 19 2,200 66 253A 83 Jun 8 > < 85% 405 *80% 16 14% Sep ♦63 300 17 257a 100 87 17% Dec 107 167% 257/a preferred 1 8 107 26% 3.40% 3 . 1 28% 28% 25% 52% 52% 100 26% Apr 52% Sep Apr 28 Apr 24 75% Jan 17 88 425 No par 98% Jun 8 % 88 425 Niagara Mhk Pwr Corp com.No par ,2 15 88 425 26% 1 Electric & Gas 28 26 *86 *405 Corp— preferred 18% Oct 46% Jan Dec 16 89 465 25% 100 •'»* Shipbuilding Participating stock $3.75 *87 *405 50 & Hartford Co-100 86% Jan 2 *63 preferred——No par Haven Common 22 Apr 75 Co— Harlem RR Co Preferred 37% Mar 23 3 series Dock N 16 Louis ' 520 30 No par 61 St preferred New York 17% July 13 70 Jan 20 11 7 Central Chic " May 5 19% Jun 16 49% Dec 29 15 % Jan Brake Common 5 Dec 10% 20 % I*3/, Apr 91 103/. 20% 17 1R% Jun 88% Jan 10% 20'% 17% 26% 28 Jan 103/a 20% 18% 94 33% Jan 3,800 10% 20% 26% 30 35% Sep 100 17% 10% 20% 17 18% Jan 2 Sep •17% 10% *20'A 26% 34 ;2 19 17% 10% 20'A 18% 8 24% Jan 1 *17 17% 10% England Electric System 1 Jersey Pr & Lt Co 4% pfd.100 Newmont Mining Corp 10 Newport Industries common 1 85% Jan ' 17'A 17 10% New N Feb 5,200 26% 2 59 8.800 18% 25 35.% Mar 12 61% 26% 18% Jan Aug 19%Jan 11% 61 5 63% Nov 25 ll'/a 61 1 2 Jan 11 VB 60 Newport News Ship & Dry Dock 22 82 ll'/a 59% 20% Pa com preferred 4%% 11% 59 1 New 6 U 58% No par Bros 70 l New 13% Dec Jan 58 174 23% Mar 17 46% Jan 76 58 % ♦173% 17 17% May 26 Apr Jan 11% 173 I 23% Sep 17% Sep 108 52 *29 174% 173 18% N 100% Jan May 1,500 6,700 *173% 173 18% 49% Dec 22 14% Feb 213% 363/4 18 22% Aug 8 23% Dec 23 34% Feb 20 350 Dec 21% 36% Corp 3%% 20 16 11% Oct 66 21% 363/4 36%, 173% 173% 10 Newberry Co (J J) common—No Jan Jun 18% 21% 36% No par 6 12 21 18 21% 36% 1 Cask-No par No par Feb 84 Apr 18 21% 36% 1 Nesco 45 % Oct 30 17% 21% No par 5 6 38 17% 36% 100 15% NOV 9 7,400 1,400 21»/« common Theatres 16% Apr 27 1474 36% 573/4 preferred National Nehl 14% 1 Natomas Co 26 Jan Co conv 143A 17% Corp Steel National 1 6 13% Feb 13% Jan Tea 4.20% in i 7% Mar & Supply (The* preferred National 2:;% ivlav 20 11 r% Miv 20 14% 10 Sugar Ref Co 4 % % 2,800 147/a 100 National 6 110 34% 21 % 1 B Service 5 10% Jun 105 Linen 18 77% 327a 100 National % Dec 10% Feb preferred Malleable 173/4 757a 17% 11 Co National Shares Corp Natibnal Steel Corp__ Sep 3 6% National 717a 76 327. *75% 25 common 5 4% Jan 4 Co 12 104% Jan Jan Lead 3/^ 31 76 36% 11 preferred A 3'J % Jan 91 8% Mar 7% 32% Jan 86% Sep 24% Jan 16 National 52% Jan 31%.Ian 14% 1-7 7"% 30% I 21% common 14 22% Sep 14% 173 common pfd series of 1951 21 3 22 90% Jan Sep 40 % Sep 25% Oct 14% No par Gas Natl 109% July 31 5% Sep 18 2 6% Oct Jan 15 10 Products 37% Mar 19 May 20 27% July 7 23 Jan 3% Oct 11 35 15 19% Feb 101 53 9 31 25 % 9 May 1 25% Jan 30 27% Oct 22 43 15 Feb 20% Dec Co National Gypsum Co $4.50 preferred 6 165 147% Apr 9% Jan 143/4 National Department Stores 5 National Distillers Prod common—5 22% May 26 1 15 30 5 preferred National *75% 30 100 Container conv 17>/„ 75 V* 10 Can $1.25 17% 75% 30 17% 1 common preferred A_ National 2 Dec 60 Fibres Inc Corp National Cash Register National City Lines Inc 17% Jan 2 22 2 7% Airlines Automotive 17% 75'A 30 100 Aviation Corp 14 10 1/, 13% Dec Jan National Aug 31 15 48% Jan 25% May National 9 National ny2 75% 30 1 Louia Acme Co 8 -15% Jan Sep 15 19 a 1 & St 15 Sep 9 7 Corp Chatt National 36% Mar 25 34 Apr 29% Apr 161% Jan Nash-Kelvinator Nashville 10574 190 9372 93% 94% 94% •1063% 107% 107% 107% *107 108% 10574 104'A 1057a ►10474 105 y4 *104% 1057a 140 5$3% 5572 55% 5574 58 57y4 58 Va 17,300 263% 27'% 26'% 267a 267a 27 27% 27% 19 19 19 19 18% 18% 93% 9% 93% *106% 9% *7474 93% 108 93% 75 974 9% 743A 7574 74 74% 94% 106 40 3.000 18'% 18% 400 10 10% 29,600 7474 76 620 18, 1954 Number 5291... The Commercial and Financial Chronicle Volume 179 (219) NEW YORK STOCK RECORD STOCKS Kange for Previous Lowest Highest 4 15% Dec 28 Omnibus 23 37% Aug 31 46 Va Dec 21 Otis 23 28 20 42% Oct 21 Outboard 9% Mar 12 13% Aug 35 Feb 19 41% Dec 19 Jan 2 Dec 79 y4 Oct 38 30 28 Feb 19 83 Jan 11 41% Apr 24 52 Jun 11 69% Sep 16 85% Jan 23 Sep 69y4Jun 10% Oct 30 17% Jan 14 81% Dec 31 97% Jan 24 80 Feb 2 6 18 55 y4 Dec 21 16 81 Mar 12 11% Jun 16 Dec 88 Mar 10 6 21 48 19% Jan 11 25% Mar 22 38% Dec 31 34% Dec 4% 5 Mar Pacific Amer 3 13% Jan Pacific Coast 61 Mar 17 63 Oct 28 55% Jun 16 Mar 18 49 Dec 30 46 Oct 15 57% Mar 30% Feb 2 30 Vb Dec 2 25% Jun 16 32% Jun 12 39% Dec 9 34 % Jun 10 32% Nov 2 2 132 July Co 20 Pacific Lighting Mar 17 Pacific 22 119% Mar 10 Pacific 25 142% Jan 22 6% 8% Jan 28 Pacific Tin 47% Mar 31 Pacific Western Oil Corp 4% Sep 15 22% Feb 20 9% Nov Consolidated 8% Apr 16 9% Jan 8 28 6% Jan 19 Packard 12 Jan 2 8% Sep 14 11% Feb 26 Pan Amer World 41 Apr 12 83% Dec 29 64% Oct 13 91 Oct 16 33% Jan 10 59% Jan 9 Jan 2 100% Jun 6% Nov 17 9% Jan 14 4% 51 515/4 523/4 52% 53 y4 53% 53% 5,200 77% 78 78% 775/4 78% 79 80% 4,800 14% 14% 15 15 15 4,200 83 82 82 *82 83 *82 35% *34'% *58 60 *45% 47 28% 39% 341/4 No par 3% Dec 88 *34% Mills 7 30 ♦85 7% Telep & Teleg com 12 7 4% Apr 37% 73/4 14% 7% *34% 60 *58 60 *46% 47 *46% 283/4 29 29 29 VB *283/4 39% 39% 393/4 40 40 401% 34% 34 3/8 34% 34% 34% 34% 35 23% 115% 138 5% 5% 10 7% *58 5,000 34% . 47 ■ 29% 60 50 46 60 46i% 20 28% 29% 3,700 40 40% 14,300 34% 12,600 X34% 23% 231/a 23% 23% 1153/4 1143/4 115% 115% 1153/4 1153/4 116%, 139 139 139 138% 5% 138i/2 139 139 23 23 115 *137% *5% 5% 32% 33 60 10 *34 47 800 88 7% 35 39% 325/8 preferred *85 83 7% 35 6,700 39% 47 138 1 Corp 14% *34'/4 35 47 V2 38 88 *82 73/4 7% 11,500 46% 37% *58 ' 115 common_4 7% 15% 46% *85 15% 28% 23% 100 100 preferred 5% Dec 8% Jan 45% 37 25 25 21 45%. 37 No par 22% Nov 8% Nov 2 16 44% 85 No par No par 10 Corp 110% Sep 26% Mar 15 5% Jan 17% Oct 44% 38 14% 15% 83 15% 77% 78 155/4 50% % 16 7% Pacific Gas & Electric 31 Shares 15 15% 10 preferred noncum preferred noncum Pacific Finance Corp Jan. 16 5 common the Week Friday Jan. 14 85 50 ♦82 Sales for Thursday 38 85 145/4 —100 Inc Fisheries PRICES 44% 77% No par com preferred 155/a 50 5 12.50 129% Jun 30 *82% Co H 26 35% 120% Nov 24 Jan 38 Corp 145% May 19 24% Oct 23 108% Apr 45 *37 y4 2nd 2 Mar 17 40 34% Dec 44% 2.50 1st 73% Mar 26 35 25% Jan Glass conv cum Jan. 13 16 Mfg Pabco Products Inc 11 18 30 12% Dec & Fiberglas Owens-Illinois 28 Wednesday Jan.12 15% _ Owens-Corning Oct 7% Oct 5 common Elevator Marine SALE Tuesday Jan. 11 No par (The) HIGH Monday Par No par Corp Outlet Co Jan 84 LOW AND STOCK YORK EXCHANGE Highest 8% Apr 79 NEW Range for Year 1953 Year 1952 Lowest 32% 5 5% 321/4 .33 33% 10 *8% 8% 8% 8 Va 8% 8% par 35/4 3% 3 3/4 3% 3% 4 1 93/a 9% 93/a 93/4 9% 5% 33% *8% 83% 24 600 24 5% 33 930 200 5% 3,200 333% *8% 13,000 700 83% ' 9 93 33 2 Mar 307/s Mar 13 52% May 25 Pan-American Petrol & Transp Panhandle East Pipe L com—No par Mar 25 98% Dec 10 15 30 Apr Oil Panhandle 2 Paramount 24% Sep 15 30% Mar 27 Oct 28 43% Jan 16 23 Dec 30 34% Jan 7 Park 30 58 Feb 15 30% Jun 10 44% Jan 7 Parke Oct 16 38 Jan 26 33% Jun 16 397/s Jan 30 6% Feb 15 8 % Apr 28 6% Sep 15 8Vb Jan 5 Parmelee 5% Nov 24 18'/a Jan 7 4% Sep 2% Dec 21 8% Apr 9 Patino 22 8 Peabody 20 29 33 Dec 23 8 % Jan 29 16% Oct 20 20% Jan 29 10% Oct 2 35% Nov 17 34 5 Parker 6 Jan 15 20% Nov Jan 18 Jan 7 38% Dec 5 27% Sep 31% May 11 5% 6% 6% 6% 6% 6% 6% 6% 6% 63/4 8,000 27% 27% 27% 28% •27% 28% 13,000 1 27% 27 24 y8 24 y8 *23 33 33% 33 2.50 *35 36% *35 36 *35% *6% 5% Co 27 1 Co 7% 7 7 5% 5% 5% 5% 3% 3% 28% 28 % 77 76% 77 6,600 11% 11% 12% 2,000 39 39% 39% 5,800 3 5% 26% Feb 5 33% Dec 11 30% Jun 10 35% Mar 18 Penn 27 24 Dec 23 16% Dec 29 23% Jan 29 67% Jan 23 40% Dec 29 52% Jan 5 29% Dec 8 34% Apr 15 28% Sep 11 32 % May X124 Nov 14 31 Feb 6 40% Feb 8% Feb 20 ll7/8 Dec 38% Nov 18 44% Jan 2 38% Aug 21 Jan 2 105% Apr 7 99 19% Oct 22 23% Jan 22 17% Rep 15 14% Dec 30 *28 28% 76 76% 76% 77% 76 10 *11 11% 11% 11% 11% 38 38% Corp Power 38 38% 1 42% 42% J 100 *106 % 7 preferred & Light Co Pennsylvania RR 5 Oct 35% No par Sep 15 18 28 Sep 14 48 3o 10% Jan 15 15% May 21 148% Mar 16 22 49 Dec 28 Jan 30 17 Vb 17% 17% 43% 42% 42% 31% 31% *31% 13% 6 Milk Co Co 137% *35 36 13% 48% *48 ♦103 19% 15% 15% 32% 33% 33% 105% 104% 19 19% Jan 25 42% Jan 2 26 117% Jan 2 91 % Jun 18 3 41Va Dec 31 29 % Sep 21 43% Feb 5 17 33% Dec 15 28% Jun 16 32% Jan 19 May 15 20% Jun 24 Oct 6 99 Jun 1 111 Jan 5 $1 conv preference com 4.4% preferred 99% Jun 24 86 Jun 24 99 Jan 2 3.8% preferred 100 96% Jun 10 108 Feb 26 4.3% preferred 100 103 103 7 108% Nov 12 100 107 107 21 18% Jan 8 Phila 5 Philco 36% Nov 12 26% Nov 90 Apr 12 52 Dec 8 93% Jan 12 95% Feb 13 101 May 20 Dec 94 25 % Mar 17 27 36% Jan Apr 28 88 Nov 41% Dec 29 55 Mar 13 80 27 88 % Dec 29 87 Dec 30 98% Jan 5 18% Jan 3 98% May 10 13% Mar 15 Pfizer 27 29 Dec 23 1 98 Jan 29 31 92% Jun 101 Jan 23 Brewing (Chas) 4% 2nd Phila Inc Co com (conv) Corp Electric 4.68% B Co & Co preferred Phelps-Dodge Reading Coal Corp 1 100 32 32% 32% 32% 32% 33% 15,000 32% 32% 32% 32% 32% 32% 33»/4 5,500 23% 2,800 23% *106% 1 3 Jan preferred Corp com May Nov 26 177/e Jan 14 1 62 Feb 97 Jan 41% Sep 15 59% Feb 11 Sep 15 16% Mar 18 21 162 Sep 3 Pitts Ft Wayne & Chic 11 165 Feb 6 7% guaranteed preferred——100 Pittsburgh Plate Glass Co 10 Pittsburgh Screw & Bolt No par 156 Aug 18 148% Apr 4 165 Aug 25 153% Jun 12 44 Sep 18 3 58% Mar 16 8 Oct 27 10% Jan 21 6% Dec 31 9% Feb 26 17 Oct 16 25% Jan 21 12% Sep 15 21% Jan 5 70% Oct 30 85 Jan 17 Ro €8 80 Jan 17 69% Dec 31 18 Jan 31 26% Apr 17 11% Jan 3 25% Dec 17^ 23 Sen 21 73% Feb 75 25% Mar 18 28% Oct 16 34% July 12% 40% Oct 24 55% Feb 22 19 14% Jan 7 9% Oct 31% Sep 62% May 11% Oct Jan 18% Dec 4 16 13% Jan 9 8 35% Dec 69% Dec 8 80 May 13 26% May 1 28% Apr 8 14 31% Jan Sep 14 98 15 12% Jan 150 Apr 2 $5 Chem & 7% Sep 15 15 34% Jan 8 39 11 59% July 1 71% Dec 11% May May 7 (The) Creek & Co 4'%% conv 31 15% Jan 29 82% Jan 5 5 35% Dec 11 Public Serv Co of 29% Jun Public Serv Co Industries 18 37% Dec 29 81 Jan 2 Jun 23 84 % Nov 5 8 22 Jun 3 26 Jan 5 25 Sep 15 27% Oct 30 24% Jan 2 27% Nov 18 24 Ys Jun 22 27% Jan 20 2 27% Aug 24% Jun 9 102% Jan 3 109 39% Mar 20 66% Oct 16 106% Aug 11 25% Apr 17 138% Jan 3 24% Dec 15 Nov 43% Jan 11 69% Jan 23 110 Jun 27% Feb 18 35% Sep 15 42% Sep 14 103 Apr 28 35% Jan 148 4 101 Vb Jun 21 Jun 4 Jun 2 25% Aug 31 18 102 6 109% Jan 6 4.70% 43% Jan 20 64% Jan 2 109% Mar 4 30% Mar 9 17 146% Feb 2 20% Sep 15 25% Jan 2 2 29% Nov 25 21 Nov 19 29% Jan 6 72 9 81% Dec 8 68 Jun 18 79 Jan 2 3% Nov 14 3% Jun 18 4% Oct 9 2% Oct 15 4% Jan 6 4y* Jan 11 5Ve Dec 4 1 3y4Sep 15 88% Jan 2 97% July 18 88 Feb 26 96 40% Mar 5 48 35% Dec 30 47% Mar 25 Aug 29 Nov 9 Pullman Pure 6% & div 4.08% 23% Jan Jan $1.40 Jan 131% Jun 5 4.90 Oil 22 102 21% 22 20 Va 19% 19% 20 82 *80% 82 *80% 79% *78 y4 80 *78% *100% 22% 1013% 360 223% 3,100 *105 *105 *105 20 *100% 19% 82 *803/4 82 80 *79 3,400 .20 80 19% 100 2,100 12% 2,500 •157% 162 *157% 162 *157% •162 165% *162 165% *162 53% 54 53% *6% 7 6% 13% *13% 61% 61% 61 100 62% 62% *62 1 100 5 J 5 1 Co 10 No par com 5 No par . 10 Indiana—No par 100 25 *19 19% 19% 162 *157% 162 *157% 162 165% *164 166 y2 *164 166% 53% 53% 53 53% 53'/4 6% 6% 6% 6% 6% 6% 1,400 13% 13% 14 Va 13% 14 14% 14'% 2,900 61 62 62 62 62 62 62 270 63% 63% 63% *63 63% 500 *19% 20 53% 7 63% 19% *19 19% *19 19% *148% *148% *148% *148% *62% 8,300 533/4 *148% 19% 20% 21% 22% 89% 91% 92% 94 100 I 9,200 18% 19% 19 19% 19% 19% 89 y« 89% 89% 89% 89% 89% 11% 11% 11 11 11% ny4 111% 500 24% 25 24% 24% 24% 26 25% 26 Va 26% 26% 9,600 32 31% 31% 32 32 32 Va 32% 32% 32% 14% 14% 14% 14% 14% *14% 14% 14% 14% 17 16% 17 16% 17 17 17 17 32 *14% 17 8% *35 68% 8% 37 69 9,500 8% 9% 37 *36% 37% *36% 37i% 200 69% 69% 69% 69 % 70% 4,200 10 10 10% 10% 10% 9,000 8% •79% 79% •79'/4 79% ♦79% x33% 34 26 900 68% 9% 86% 800 2,500 37 8% 9% 36% 230 68% 9% 36 y4 *11 37 8% 9% *25% 16% 11% 68% •35 9% *85 *11 33% 36% •85 25% 8% 8% 9 79% 79% 79% 79i% 10 34 33% 34 33% 33% 33% 337/a 2,300 36% 36% 36% 36% 36% 36% 36% 5,900 86 86 •85% 87 25% ♦25% 25% 86'/4 25 y4 •24% •79 •85% 26 87 10 26 110 *27% 28 •27% 28% 25 *27% 600 25% 25% 25% 26 26 26% 26% 26% 26 y8 263% 23,800 No par 26% 26 26% 26% 26% 26% 26% 263/4 27 11,000 com—No par 100 25% 1 com *98 100 •107% No par 41% 28 100% 108 41% No par 48% 48% 100 common preferred (The) 13% No par 100 •108% 109 % _B 100 Quaker State Oil Refining Corp_10 6% 1,600 100% 20,500 45% Inc Quaker Oats Co 200 36 35% 11% preferred— (The) 11 35% 35 45% Inc preferred conv 57% 11 11% A preference cum *21% 97% 56% 11% 35% 45 Colo Gas 21% *93% 56% *11 11% preferred preferred %preferred Pub Serv El 21 y4 *105 19% 100% 97% 56 11% 45 4.32% 24% Jan 21% •105 19% 100% 35 *95 56% 11% 3%% Sep 87 May 16 26% Dec 11 73 25 21 100% 55% 44% preferred cum 101% 35 y8 *95 *11 11% No par of $4.75 35% •100% 12 44% preferred series A__50 9% Dec Publicker 35% 35 97% 55% 100 92 44% Gamble & 26% Jun 92 7,100 11% Pressed Steel Car Co Inc com (Del)_l Procter 76% Dec 2 15,100 44% Power 2 92% Jan 60 425% 11% B Electric Potomac 7 24 84% 42% 44% Pocahontas class 22 27% Feb 29% 84 11% common 17% Jan 6 103% Nov 20 29% 84% 44% 5'%% 86% Jan 10 29% 42 11% prior pfd 1st series 31% Nov 26 34% Dec 70 6,200 9% 1 Plough 16 20 60 108 9% Ry com—100 Pond 18 41% *107 9% 1 Co Pittsburgh & West Virginia 100 Pittsburgh Young & Ash pfd—100 Poor 54% *11 79% class preferred Co *95 11% *80% Pittsburgh Steel Co com Pittston 97% 55% 82 Pitts Consolidation Coal 5%% 54% *11 80 Pittsburgh Forgings Co 5% *84 *78% 3 19% Mar 23 41% *80 29 8 *84 42 No par 17% Jan Jun 84% No par 46% Feb 23 29 84% 41% (conv) preferred 2 34% Apr 14 29 y4 84% 41% 28 % preferred convertible $4.80 com—No par Co conv preferred Inc Plymouth Oil Co 14 16 27 July 30 13% Oct 13 22 Dec Sep 23% Sep 30% Dec 13 15 9 10% Sep 37 Va Mar 15 15 Jan 18 9 Feb" 14 Sep 146 Aug 27 27 Mar 20 86 145 100 RR 94 21 20% Apr L 24 Jan 129 St & 29 Feb 23 C Dec 151 Oct C Coke 76% Dec 142 56% Dec Pitts Pitts 29% Jan 24 42% Mar 17 5% 29 14% Dec 28% 84% 40% 108 97% 19 46 29% 9% *95 15% Apr 7 9% 1043/4 preferred 100 Petroleum No par Hosiery 5 Pillsbury Mills Inc common——25 $4 preferred No par Pitney-Bowes Inc 2 July 22 17 107% 9% '103% 31% 95 , 108 *107 9% 104% 87% 8 77 100 *103% *28% 102% Apr 13 *94% 104 *84 4 28 96 103% 87 Jan 95% Feb 106% Jan 90 *94% 96 31% 37% Jan 1 108 *943/8 87% 21 6 108 107% 96 *85 Sep Oct 9% 23% 107% *29 32 Oct 40% *107 96 104% 24% 107% 24i% 84% 28% *83 *94% 104% 24% 104 24% 104 *81 5 91 9% 23% 106% 89 Mar 85 9% 95% 23% 106'/a 31% 39 5 95% 23% 108 88 5 22% Mar 27 450 32% *83% 33% Jun 106% May 22 10,900 3iy2 Phoenix 6 2,700 343/i 105 y2 32% Phillips 18% Dec 15% 34% 105% *81 69% Mar 25 106% May 22 40 1,700 193% *29 19 29 15 100 483/4 103 85 15 21 15% 34 V* 105 19% 31% 30 24 15% 33% 105 19% 483/4 *1023/4 88 Dec 19% Dec 19% 48% 103 200 92,600 14% *29 48% Sep 37% Jan 103 14% 37 *81 10 110% Jan *48 14% *35 Va X85 4 1 14% 37 1383/4 88 17 14 400 1,800 139% 92 30 29 3,000 1393/4 139 31% Jan Nov 27,600 32% *82 Dec 24% Oct 17 5/8 43% 32 *29 Dec 110 17% 43 32 31% 100 common Jones 12 2 17% 43% 32% No par Iron & series 64 Jan 17% 42% —100 3.9% 98 101 15% 33% 105 4,300 36 No par 4% Phillips 23 98 15% 33% 104% 35% *85 20 14 33% 19 y4 35% 32% preferred series A 100 & Co Ltd common__5 preferred 100 9% Dec May 18 15% 105 19% 35% 31% Morris 48% Feb July 29 15% 19 100 43% 12.50 3%% Philip 105 19 48y2 103% *413% No par i common preferred & 14% 103% 29 Pfeiffer 14% *48 30 2 14% *103 19% 43 y4 10 ♦107 *35% 36 48% 5 138% 36 103% Corp of America *41% *31% 32 36 *48 16% Dec 20 138% ♦103 30% Oct 34% Oct 13% 138% *31% 100 105% Sep 19% Mar 25 138 32 No par common preferred 108 % Jan 35% 17 42% 33V3C 4 % % 35% 17% •35% Petroleum 35% 30% *107 43% 100 Pet 43% 5 Pepsi-Cola Co 105 35% .39 16% 137 Eastern Ry 35% 38% •41% *107 43% 100 & 43% 10 Peoria 5 127 *41% *106% 50 Pennsylvania Salt Mfg Co Peoples Drug Stores Inc Peoples Gas Light & Coke 27 30% 30% No par Co__ Penn-Dixie Cement Corp Penna Glass Sand Corp com 39% Mar 19 17% Feb 3 1,100 28% 28 2 30% 11% 41 % Dec 26% Jan 30% 76 107% Feb 42% May 15 30% 30 y4 *28% 2 83% Jan 1,400 30 y2 29%, 10 July 1,800 38% 3% 77% 11% 14 8% Sep 11% 37% *28% Jun 104 11% 37% 28% Jun 8 11% *37 *28 30% Sep 20% Feb *11% 37% 25 preferred (J C) Penn Coal & Coke 27 2 3% 11% 37 29% 101 15% Jan 1,000 3% 11% 23 5 4 3% 3% 11% 37 *28 11 108% Mar 10,200 *22 22 8 5% 23 Dec xlG3% Jan 3% 7 5% 29% 29% Jan 25 3% 100 600 7 *28 108% Feb 112 7y8 5% *22 4 2 5% 29% 28 2 *6% 5% 23 Jan 17 8% 7,000 *28 $1.30 Jan 35% *22 preferred Penney 93 35% 29% 9 22% Jan 36% 36 23 23 103% Jan *35% 800 22% 34 *28 30 Apr 22 33% *22 81% Dec May 22% 33% 29% 14% Apr 33 22 33 y4 23 10 29 , 24 33% '28 prior preferred 65% Mar 19 July 28 3% 33% *21% 29% Nov preferred *22% 25 33% 7% 5 common 27% 25 $1.32 21% Mar 50 6% 6,900 25 $1 8 98i% 30% 14 Sep 753% 98% 30% 26 % Aug 101 74% 99% 74 No par 10 Dec 743/4 *98% Peninsular Telep common 3 9 Aug | 73i/2 98 Va 11% 7 145 72% 98% *36% 14% Aug 46 300 723/4 98% 11% 72% Dec 33 48 71% *97% 36% 19 15 48 713/4 11% 30 25% Oct 47% 52,500 36% 11 23% Jan 10% 25 63% Oct 105 10 47% 47i/2 10% No par 29% Dec 15 *46 10 10% Ford & 21% Aug 27 47% 28,300 98% Transportation No par & Enterprises 5 conv 2 Sep *46 4 71% No par Corp Co Proof Coal 47% 3% *973/4 Mines 27% Aug 10 Dec Corp Distillers & Rust Penick Dec 32 Pictures Davis *46 4 1 Corp Tilford & 5 3% 100 preferred 4% 41% Oct 21% July 16 Airways Inc 88% 1 May 13 5% Sep No Car Motor com preferred Radio Corp of America com„No par $3.50 1st preferred No par RKO Pictures Corp 1 RKO Theatres Corp 1 Ralston Purina Co 3% % pfd—_100 Raybestos-Manhattan No par 28'% 143 *21% 28% 143 213/4 *98% 108 "41% 48% ♦108 28% 100% 108 42 ♦27% 100 29% 100 •107% 108% 41% 42% 27% 27% 100 •100 101 108% 108% •107 108% 42% 42% Q9 42 J% 43 49% 49% 50% 50 50% 50% 51% 109% •108'% 109 V* •108 109% •i08y4 30 200 9,700 18,200 109'A 29 143 14:?,. 21% 21 4 29 ♦144 29% 145 215% 21=% 29% 21% 21% 21% 700 23 22% 23% 38,700 77 77% 77% 77% 1,800 3i% 12,900 5 Vs 28,700 145 22% 23 22% 23 Mi 22% 23 77% 77y4 77 Va 77 77 »/4 3% 3% 3 Va 3V4 3% 3V8 3% 3i/4 3 Mi 4% 4% 5 41/8 •90% 43/4 4% 4% 4% ♦89% 90% 90 Va 90 Va •90 V» •37% 38% •37% 38% 38% 5,900 29% 144% 21% 77'A 4% I 29s% 29% 144% 92 •90% 92 38% *38 38% 38% 145 92 38% 50 70 200 19 20 The Commercial and Financial Chronicle... (220) NEW YORK STOCK RECORD Range for Year 1953 Year 1952 laveit 24 % Lowest Highest 37 1 May 33% Dec 9% Sep Dec 15 14 35% Jan 34% Jan 15 15 14% Mar 18 8 Sep 25% Feb 4 34 % Dec 22 26% Oct 9 33% Jan 20 41% Dec 9 36% Dec 24 41% Feb 30% Jan 15 35'A Dec 19 31% Dec 22 11%-Feb 11 13'A Jan 8 12% Jan 6 18'/a Jan 16% Oct 22 July 1 17% Jun 26 4 13'/a Oct 30 12 Pep 36 , Mar 6 29% Nov Real Silk Hosiery 6 22% Mar 23 6 15% Jan 15 7 4 Dec Jan 25 7% Jan 7 28 52 Ya 26 Reliable 19 29 62% Jun 2 13% Sep 21 19% Feb 2 84 Sep 3 24% Nov 24 18 19 22% Nov 19 Aug 14 12 3% Nov 10 97 19% Jan 5% Jan Oct 14 12 31% Apr 7 13 42% Oct 30 53% Feb 22 Oct 28 48 5 12 Jan 22% Sep 43% Sep 27% Dec 10 7% Sep 5 29% Jan 2 18% Dec 16 35'/a Dec 17 16% May 33% Jan 2 16 1 155 x99 Jan 3 29 19% Oct 29 24% Jan Jan 17 29% Feb 29 .65 18 14 27% Mar 3 15 21% Mar 23 29 21% Nov 9 Apr 24 149% Dec 11 Jun 25% Aug 14 43% Dec 7 7 2 5%% 19 40% Dec 12 93 % Nov 9 Feb 26 120 % Dec 18 35% Oct 23 30% Oct 7 43'A Jan 5 16% Jun 29 19% Nov 24 31% Dec~23 27 75 Dec 30 8 312 Dec 3 150 Oct 7 175 Dec 5 150 16% Jan 9 24% Feb 6 Jan May 26 160 Sep 14 4 97 May 29 11 24 Dec 21 Nov 17 18'A Jan 2 10% Dec 22 15% Mar 6 23% Oct 29 33% Jan 2 20 Sep 15 28 Jan 6 11 Sep 15 17 Mar 23 Jan 16 70% Dec 85% Jun 1 5% 13 49% May 87% Oct ■ 31 10 1 59 Dec 30 94 Apr 21 102% Oct 23 29 % Oct 54 105% Jun 30 30 35% Jan 98 85 Feb 13 89% tApr 29 103 Oct 20 116% Jan 30 14% Jan 2 75% Jan,' 4 19% Ja^ 12 16 % Oct 86 ; 24% 91% Jan 30 19 15 13 103% ■86% Feb Feb $3.40 $4 3.65% 17% Dec 3 79% Jan 29 72 103% Nov 6 90 9 $5.75 62% Dec 10 56% Apr 17. 62% Dec 20% Sep 8% Sep 11 14% Jan 29 25 13% Dec 29 Mar 13 82% Nov 26 7% Feb Dec 7 20 43 Oct 16 42% Jan 30 33 35% Sep 32 Sears 23% July 31 29 % Jan 29 24 Vb Dec 22 JVtar 15 62% Apr 13% Sep 24 79% Dec 15 17% Jan 10% Jan 2 15 Dec 23 May 27 32 July x38% Nov 18 49 Jan 28 38% Oct- & 32% Mar~3 48 38% 7 18 • July 16 66% Mar 22 63% Nov 20 80'/a Apr 19% AUg 27 22% Apr - 34 16% Mar Jan 42 .Aug Jan Dec 22 7 38% Oct 21 42% Oct 3 13 Dec 43% Mar 20 58% Mar t 21% Mar 4 * 14% Dec 32% Oct 15 16% May 2 124% May 7 4% Feb'; *7 8% Jan 9 45% Jan 17 50% Dec 16 38 34 • May. 6 Apr 14 12% Jan 2 21% Apr ^22 28 Nov 10 38% Oct 16 40% Jan "25 30 21% Jan 14 143 » Sep 6% Dec 5 12 12%-Dec 10 52 Dec 23 69 Jan 14 42% Jan 16 38% Nov 20 16%'Nov 30: 1 18 Sep 18 : Jun 4% Sep 11% Jan 47 ■ 2 7 33%. Jun 7% Feb 15 31 Dec ? 5 < - 140% Mar 13 14, Oct 1 21% Mar 20 18 32% Dec 33 Ve Jun 37% 'Jan 14%.Sep 14 121 40 9. Jan V 27 1 13 r 40 Aug 6 Oct 28 100 Feb 21 4 38% Apr 16 Feb 23 99% Jan 9 52 17% July 18 31% May 1 7% Nov 16 11 6% Jan 29 4% Dec 9% Jan 31, 4 % Dec 29 17 103% July g 49 Dec 19 Oct 2 44 Feb 18 2 52% Jan 19 May 16 98% Feb 2 12% Sep 35% Sep 14 57% Jan 103 103 26% Jan 7 45% Dec 12 10% Jan 3 5 14 Va'Sep 14 - 60% Dec 22 9% Mar 19 73 Jun 13 34% Dec 8 22% Jan 2 21% Aug 31 31% Jan 28% Dec 11 80% Jan 2 92%' Apr 3 18% Oct 28 18% Nov 26 25 Sep 15 80% May 5 12% Dec 29 91 Feb 11 17% Jan 6 10% Sep 20% Mar 18 12% Jan 2 10% Jan 3 For footnotes see page 22. 29 15 , 67% Mar 23 6 29% Mar 18 19Va & * Square D Standard 2,500 19% 19VB 19% 19% 19'A 5,800 100 39% 1 39% 89% 7% 15% 7% 2,300 15% 39% 153/4 15% 59% 60 1,900 14% 14% 14% 14% 1,900 39% 90% 90% 90% 400 - 99 7% 60 *59 39% 800 30 *90'/a 118 118 ii8v4 ' 148 - *97 99 7% 39% 89 % 118% 148 148%- *97 10,400 90% 119 650 119 500 "32% 32% 32% 32'A 33'A 33% 33% 34 343/4 7,800 18% 18% '24% 19 19Vb 18% 19 18% 18% 18% 19 2,600 25 25% 25% 8,200 63% 64% 65% 2,700 24 % 62% 24% 62% 24% 62% 62% 25% 25Va 25% 64 % 631/2 *219% 224 *219 V* 224 *219V4 224 *2191/4 *130 165 *130 165 *130 *130 165 65% 224 165 *220 *130 ' 224 165 20 Va 20% 95% 931/2 933A *94 95 *94 95 24% 24% 24% 25 *24% 25 25 25 400 11% 11%: 11% 11% 11% 113A 11% 11% 12 12 1,200 21% 21% 21 Va 21% 21% 213/4 213A 22 * X21% 21% 13,400 12 12% 12 Va 12'A 12% 12% 12 3% 12% 12 % 12% 13,200 69% 70% 69% 70% 69% 70 Va 70 70% 70% 70% 5,800 *91% * . 92 *92 94 103 *101 103 *85% 87% *85 '/a 87% *85% 87% 102 3/4 104 *102% 102% *102% 104 44 24% . . *102% 104 87 *85% 86 13% 13%- 13% - 60 Va 60% 60% 22'A 21% 22% 9 *9 Va 91/4 9% 9% 9 9 9 8% 9% 9 9% 9 9'% 8% 9% 64% 64 Va 65 'A *65Vb 66% 8% 8% 27 413/4 42'A 42% 42% 33 y8 34% 34% 35% 8% 8% ;• 8%. -27 *26% 79 16 13 Va / S . 80% 27 79%:; 15% 13% J791A5 16 15% : . J 9 30% *36% , 33%.* 34% t 36 Va 36% 36% 26% 26% 37 34% 36% *39% 27% 400 80% 14,100 16 16% • 13%- r 31% t 1313% 37 *36% , 13% -31%: •39% 40% 43% 14 35% .16% " 353/g, 353A 35% 36% 36,800 373/4. 38 373/4 38% 7,900 27 27 27'A 27% 1,200 8% 8% 2,000 26% 8%' 83% ■' 40% . ' % 8% 40 *39V4: i- *39% 43% ; : 43 3A 44 40% < 110 14 14 14 y8 14% 4,000 16 433/4 15% 16 "4 16% 1,400 36% 65,300 ' ' 44 15% * 16 *34 37% 16 26 38 Va 38 36% 35 36'A 16% 163A . ♦135 ' ■ 138 36% 163A 16% *134 1,200 138 5% ' 5% 35 : 143/4 15 51 51 37% " 37% 37% 37 37% 35% 35% 35 53A *35 r 53/4 ; 57/8 14% 51 ; 38 38% 38 38% 38% 16 15% 16 15% 16 16 16 25% » 35% 383/4 253A 26 25% 25% 25% 25% ' * •' 12,100 15 51 . 3 81/8 " 15% 35% . 140 14% : 14% > *50% *51 14% 37% * 25% 16% 16% 5% 51 "37% 34 35% '36%:' " •135 5% ' *50 36% .37 .34 , ' 14% » * ' 35% 161/2 137 *5% 14%.. 14% 50 ? *134/ "6 600 . - - 16 Va , 3,600 2,200 37 ; 13% j 14 -,15% ; 15% 137 >. 133/4 381/4- ■- *8'A 44 ' 13% 2,300 31% 37 , " - 35% *133 2,100 9% , .35%, * 26% 8% %'8% •43 ■ 4,700 *79% f 14 110 10,100 .*26% •. 16 13 3/4 133/4 <13%,*/ 31% 30% ; 9 27 8%' 27 . 36% •' j ' ■" 79 - 30 Va 8% 40% 43% 33,500 43 34 36% 15 Ya. 15% *49% 41 33% 34% 13% 5% 65 % 30% "26% 1,000 65V4 33% 8% 4,900 9 : 65% 37 . -.9 400 10,400 41 27 •» 13% •r *25% 13,400 300 2,700 1 400 8,800 19,200 1,200 29% 29% 29% 30% 30 Vb 30% 29% 30'A 30 30 36% . 37 Va 36% 37% 36 3/4 37% 37'% 37% 37% 38% 19,900 39% 40% 40% 41% 41'A 41% 14,600 37% 37% 373/4 38 , 39% 37% *79 40 37% 80 1 12% No par 4% 5 1 4% 5% *105 107 ;_6 *571% 58% *60% 61% *102 14% 43% 7% 60 *79 12% 50 Co ..... 61, 22% *39% 43% ■ 600 13% 60% 8%. - 50 87% 22 Va 35% 1 104% 1 87 *13% 60% ...16% 2 ♦103 22 Vb 15 par 6,600 21% *13 25 : 9,400 24% 60% *25% 1 (stamped)_No 44% 24% 21% 15% 1 43% 24'A 8% I 100 44 24'A 60%, ~ 16 Va 100 300 - 9 No par common "40 173/4 75 22 •V 34 preferred ; 43% *13 13% 15% No par V, *86 86% " 13 43% , *102% 105 - *85%' 13% 60% k 74 1023/4 *17% 17% 74 24 % 43% 241/4 \ *173/a 75 2,500 *72% 104 *102% , 17% *72% 43% 87 104 17% 75 24 Va .15% 103 14% 44 7% 60 12% . 5 *4% *105 57% 40% 41'A 37% 37% 37% 80 *79 80 80 80 *80 81 12% *12% 13 12% *12% 12% 4% 5 37% 5 . 5% *43A 107 ♦105 107 57% 57 57 Va 59 59 *102% 103% ♦103 14% 14% 43% *14% 44% 44 Vb - 5% 61Va *60 *123A l033/4 14% 45 5 *43A , *105 5 - • , 5% 107 . -4% 5 ♦105 6,200 1,400 100 200 5 f 1,900 5 400 107 " 57% 58% *58 59% 59% 103% •1021/a 593A 1033/4 900 *103 141/2 14% 14% 2,400 57% 14% 44% 58 45 45% 1,500 45 % 9,200 8VB 47,900 •7% '7% 7% 7% *59% 60% *59% 60% 60 60% 58 60 V8 25% 26'A 26 26'A 26% 26% 5.100 28% 283A 28% 28% 28% 29ys 10,000 7% 8% 6% 460 5 24% 25% 24% 25% No par No par 28 Va 28% 28% 28% 87 7/8 88 87% 87% 88% 88'A 881/4 88'A *87% 88% 210 1 12% 12% 12% 13 13 13% 13 Va 13V4 13 ** Co_No par 13V4 2,400 121/4 12% 12 % 12% 12% 12% 12 y4 121/4 12% 12% 1,500 . com Gas & Electric *102va „ 17% *17% *72% 1 50 10 87% 77 100 120 26% 77% ^7.50 92 102 26% 76% No par 91% 102 102% 26% 24% 25 • 94 *100% 26% 15 ; *92 . 26% 102%. - 5 130 26% "43 85% 20,100 26% - 75 *13 21 *85% 103% 17% 42% 20% 20% 26% 87 103% 20% * 92 26% *17% 1 No par l 20% *101 *72 5 20% 92 *85 % 5 v 103 *101 26% common—No par Brands Inc *145 7% 31% *21% (Del) Co ■ 1,800 *93% stlc tr ctfs 2nd 7% 118% 24 Va ♦3.50 preferred : Standard Coll Products Co Inc Standard 42% 1 , 25 preferred pfd 41% 148 Elec__No par preferred Spencer Kellogg & Sons Sperry Corp (The) Spiegel Tnc common— ■Conv $4.50 41% 148 89% 900 41 *97 39 243A 19 7% *117 243/s 41 VB 100 39% 24 Vb 24 149 89% 18% 24V4 41% *24 VB *97 117 1,200 18% 18% *146 89% 4,100 18% 18% 100 39 2,900 27 * 95 Va common conv 18 149 7% 7% 10% 27 11 20% 4.60% 49% Mar 20 18 Railway non-cum 4.50% 5 26 52% Dec Co preferred Spencer Chemtcal 16 63% Nov 19 60% $5.50 62% Dec 28 25% Feb 19% 5 Gas , Spear & Co 21 101% Dec 19% Jan 41% 117 _No par Spalding (A G) & Bros Inc Sparks Wltlilngton Co. 7% Mar 25 Dec 41% 7% 10% 27 iov2 26% ' 24 42% 7% 3,700 4,500 25 20% (The) Mobile & Ohio 15% May 25 7% Mar 17 107 24 73/4 *241/4 *24% preferred Southern California Edison 5% May 21 80% Oct 2 7% 11 27 ' 26% 50% 50 - *93% 8% Southern 7% 50% 25 *24V4 _5 & Platinum % 21 24% 49% 25 100 Southern Natural Gas Co Mar 30 50% *24% 7% 100 ' 11% Dec 49 VB 25 18 Va 1 South Indiana 36% Sep 49% 7% 14% Aircraft Co. 2 73 48% *24% 60 Smith-Douglass Co Inc Socony Vacuum Oil Co Inc 10 17 26% 15% 40 > 24 29 26% 18Va 26% 33% Feb Jan 26% 14% Smith iAlexander).Inc common 20 3%% preferred 100 4.20% preferred a. -lioo 27 Ye Feb Dec 26% 183/a 36 ,16% Feb 16 26 11 7% Smith (A O) Corp— 5 76 26 15% —_ 11. 18 920 25% 26%, 30% 15 23 600 99 11 Va *36% 13%,Sep Jan 82 27Va 148'A Steel Gold 50 98% 10% -*97 No par Corp *46 82 19 • 50 3,100 99 42% __1 23 49% May 20 *46 59% , 22% Jun 11 60,500 81% 27% 5 16 Sep 383/4 50 11% —No par 19 11% Oct 5 Co 23 38 38% 97 3/4 1 South'n Pacific 200 38% 81'A 40% * 66 61 Dec 49% Mar 18 5% 371% 81% 33% Southern'Co 541/B 5% 8 -*24 100 Dec . 53% 5% 99 33% • 53% *5Va 25 18'A South Porto Rico Sugar com_No par 5 531/4 5% 98 40% Amer 53% 38 81% 33 Va South 6% 22,100 , 100 99 40 Va Solar 8,200 6% 15% — & 38% 6% *47 82 100 39% 49 11'A Bouth Carolina. E & G Co cora_4.50 5% preferred —— ?_ fin f 39% Mar 16 35% Dec 29 *81% 10,400 6% *5% 50 118 3% 38% 37 27%^ 27% - -100 30 47% Dec 23 *46 3% 6% 14% com— 26 Jun 50 *116 60 Solvay American Corp 4%. pfd—100 Mar 26 53 May .53% Feb 16 *46 3% 39% 52% 5% 37% 25 Smith-Corona Inc. 6 • 52% 5% 36 V2 Skelly Oil Co„ , 70% Feb 25 6 51% 51/3 No par Sinclair, Oil 17% Feb 27 15 52 % 371/4 64% * -■ 6% , 15% & Gas Simonds Saw 8 8 , 6% 52 Simmons Co 5 37 38% 6% *-5i/B 31/4 118 • 6% 64% Oil *116 38% Sheraton Corp of America 5 20 29 38% 118 38 Va 14 , 43% Mar 20 23% Sep 17% Mar 12 Nov 20 15 15 30 Dec 30% Sep 11 33% Oct 14 July"24 11% Oct -15 53 11% Sep 28% Sep 35 • 117% *115% 38% Sharon Steel Corp Shattuck; (Frank G) ; Sheaffer (W A) Pen Co— Shell OIL Corp. Sheller Mfg Corp 6 87 Sep 15 29 Dec 8 r 117% 118 1 Shamrock 22 17% Dec 23 8 21,600 353/3 No par $4.50 preferred 3 65% Feb 27 13% July' 2 10% Sep 1,400 49% ' 15c Servel Inc= common 43% Mar 16 11% Mar 25 26% Feb 6 x8% Feb 28 .11% 48% 6% common 12% Mar 12 14 11 48 3A 60 - 14% Feb 80 Apr 42% Dec 11 48 Vb 3% 14 . (The) 13 18 11 48% 100 15 26 11 48 59% preferred Roebuck 10% 15% Seeger Refrigerator Co Seiberling Rubber Co 60% Oct 27 5 31% Feb Oct 3 10% 48% 5 Seagrave Corp 26% Mar 27 3% 10 47% ' 38% fund. preferred-No par sink 3% 11 —1.40 Seaboard Oil Co of Del— Aug 13 17% Mar 24 , 700 10 Seaboard Finance Co 8 8,300 451/3 *115% No par No par preferred 143/4 11 13% Co-— Scran ton Elec Co 3.35% 3% 14% 473^ 59% preferred conv 3% *951% 7% 15% Seaboard Air Line RR Co_! Dec 23% Dec 31 9% Oct 27 9,100 96 143/4 100 26 29 68 22% 1 preferred 45% July 31 29 22% 3 »/8 Power 15 18% Jan 15 50% Feb & 14 Oct 14,700 20 preferred 4.30% 10 12% Dec Vs corn—l preferred 2 15 2 21 50 Scovlll Mfg Co common 3 15% Jun Apr"~3 20% 22% 20 Scott Paper Co common 12 68% Jun 16% Sep Light Corp Schenley Industries Inc Bchering Corp 25 110 99% Aug 24 Oct 12% Feb 75 20% 223/4 7% Savage Arms 6 Feb 3 36% Sep 21% Sep 96 20 22% 14% 10 Sangamo Electric May 21 Dec""l 96 20 VB 22% 48% *24'A 8t Regis Paper Co common 1st pfd 4.40% series A Jun 96 19% S 13 98 *95% 22% 10 12 81% Jun 95% 100 Jan 31% Jan 250 100 19% — conv Nov 105 60'/a 5 27 18 *59 *59 14% +.1 96 29 60 14% No par 9 Jun 60 14% 25% ; 14 24% Dec 30 1,200 5 22 Va 100 15 9 10% *59 19% No par Co 5 Sep 23% Mar 25 58% No par No par (The) noncum 293A *10 58% 1 22'% St Louis Southwestern Ry Co 312 *4% *28% 10% 95'A 5 15 5 30 iov4 20% 2 14 Sep *4'/b *28% 10% 22 30 29 Sep 17% Sep 91% Sep Mar Co 5 30 5 95 77% Feb Dec 61 1,200 19 33% Jan 22 1,000 13 14% 95% No par St L San F Ry Co common—No patPreferred series A 5% _100 211 17% 13 *4% 14% „25 Typewriter Joseph 17% 12% 700 *29 VB 25% preferred St Joseph Lead Co St 17% 12% 300 28 *10 81% preferred series A 4 % % 171/2 12 Va 300 32 10% 100% Sareway Stores common 4% preferred 18 Jun 17 Va 12% 37% 32 *27 30% 991/2 Ruppert (Jacob) 32% Jan 23 *17% ■ *36 , *4Va 1 Axle 30 81 17% 12% 17% 36% 2,100 10 Va 81% common 17% Mar 23 103 17% Jun & 22% Jan 99% Feb 21 271/4 26% *29Va 14% Ronson Art Metal Works Inc Royal 3 2 V2 271/4 12% 58 '/a Corp 62 107% Nov 26 x88 El & Haas Co Ruberoid 32% 27% 26 Va 4% 100 preferred 15 Nov 33 27% 26% 10% .100 common- 30 :4% 363/4 33 28% 1 17 105 36 Va 33 *27 10 series Inc Gas & 261/4 29'A *58 % No par Corp Rockwell 'Spring Rohm 26 Va 36 Va 4% 10 - 50c series 4.50% conv Rochester 26% 36 Va *32 ' 26% *36, *28% - - - 10 Mills 14,600 1 com 13 Feb 28% 50c preferred series A Roberlsliaw-Fulton Controls 3 10 22% Apr 17 Co Dec x60% Feb 33 *27% 2.50 10% Jan 205 *32 100 common 11% Dec 6 26% 37% 5 4.50% .-9 Feb 26% *36 17 % Inc— Oil Robbins 44% Mar 10 Oct 54 x26% 11,000 1 50% Sep 35% Nov 26 9 12% (R J) Tob class JB Richfield 29 99% Sep 84 8% 9 25 6% Sep 24 14% Dec 29 3 8% No par Ritter Company Roan Antelope Copper Mines 35% Jun 65% July 15 17% July 18 2 10% Apr 8% Manufacturing Co 16% Sep 22% Oct Apr 23 18% Feb 15 54 Rheem 11 9% Dec 92 Nov 1,400 8% Inc Preferred 5 26% Dec 115 9% Dec 8% 17% series Preferred 3.60% 29% Mar 18 14 9 22 Jan 8% 12% Common 11% Dec 31 103 May 33 8% 50 common Metals Reynolds 5 23 18% Dec 110 32% 8% Reynolds.Spring Co__: 26% Dec 4 Nov 25 40 Jan Oct 22 48% Jan1 23 19% Dec 107 6% Apr 9 5 Reynolds Aug 10 58% July 21 90% Jan 5 14 74% July 27 Mar 31 98% Dec 33 16 Jan 9% Mpr 20 49 80% Jun 5'/a May 13 23% Dec 56 21 Dec 30 107 Nov 14 24 36% Dec 92% Apr 25 3 2 42% Sep 4% Sep Motors Rexall Drug 6% Apr 22 14 2 47 5 Jan 85 30 10'/a Jan 43'A Dec 22 2 101% Jan 5% Feb 67 Va Jan 21 • 2 27% $1 convertible preferred 10 Republic Steel Corp com—__No par 6% conv prior pfd series A—100 Revere Copper & Brass No par 52% Mar 17 Dec pfd 3'/u% Republic Pictures 115% Mar 17 6% Jan 23 40% Jan 14 10 35 26% Republic Aviation Corp 4% May 18 11% Jun 3 17 40% Sep 16 July 29 Reo Mar 18 108% Jun 28% Jun 6% Oct 23 Jan 3 115 48 27 Jan 24 26% 32 'A 10 Corp Remington-Rand $4.50 preferred 23% May 25 47% Dec 31 16 108% Jun 32% Jan 9% Sep 10% Mar 29 9% Jun-^6 37% Oct 5 2% Sep 11 14 Stores Conv 1 16 26 3A 32 Vb Reliance Mfg Co common 54% Apr 98% Dec 26% 32 VB 50 preference prior 31% Feb 14% Jan 18% Jan 19 26% 32 V8 50 Inc 38 13% Jan 90% Feb 26% 32'A 5 23 21% Jan 16 17% Oct 26 % 32% No par Sep 26 Shares 27 31% Mills Co 9% Dec Jan 58 Sep 23 div $1.25 7% Mar 20 23 30'/a July 24 10% July 3 5% Dec'10 8% Oct the Week 26 "A & Co— (Robt) Friday Jan. 15 31% --50c Bit Bios Reeves 16 Rels 25 Roller Reed Jan.14 5 Reading Co common 4% noncum 1st preferred 4% noncum 2nd preferred 5 Sales for Thursday Jan. 13 1 Raytheon Mfg Co 8 Feb 36 PRICES Wednesday Jan. i:i 25 preferred $2 SALE HIGH Tuesday Jan. 11 Par Rayonler Inc common 5 28 AND Monday EXCHANGE Sep 22 4 12% Dec 30 LOW YORK STOCK NEW . Highest 30% Dec 19 36% Sep 24 Continued—Page 10 STOCKS Range for Previous Monday, January 18, 1954 - I r ]/ fwwfertiw ^ u Wa toiiV fllti I * ■M dWftftbrtSS MA t ■Vtt HT»] * v WiifrifJlf"' (221) Commercial and Financial Chronicle Number 5291... The Volume 179 I'M' At'wr Mi V7l. Wr\'*h WWV # »f «M fi NEW YORK STOCK RECORD Lowest Highest 50y. Jan 16 92 Mar 15 85 Jan 25 67 35% Oct 23 47% Jan 22 31 10 100% Sep 18 15% Jan. 5 94 Oct 16 72 Jan 94 8% Dec 45 Nov'ii 40% Feb 17 July 32% Oct 22 43% Jan 91 98 1 53% 55 54% 55% 55% 56% 29,200 69% 69% 70% 70% 71% 71 72% Jersey—15 standard Oil of Ohio common 10 727/a 34 ye 73% 34% 73 73% 73% 73% 73% 737/8 73 3A 74%. 10,700 47,800 34% 34% 34% 35 % 35% 35 % 35% 35% 10,800 *98 101 9% 9% *98 9% 99% s% *98 9% 101 9% 11% l2y« 5 preferred series A 3%% 17% May 25 Sterchi Apr 30 44% Jan- 8 Jun 24 36 V« Jan 2 3%% 32% Oct 29 25 % Nov 23 37% Dec 18 Stevens '9% May 22% Dec 30 16% Sep 14 23% Feb 2 127/s Dec 29 17% Feb Stix 1 17% Sep 16% Jun 2 10 16% Nov 21 18 21 23 Feb - Jon 8 5 100 1 5 11% 11% n7/8 44% 11% 43 Va *11% 43 Va 11% 11% 11% —5 100 15 37% 92% 25% 37% 92% 25% 37% 92% 25% 37% 93 25% 37 *93 25% 37% 93% 25% 5 20% 21 21% 21% 21% 5 Inc 11% *43% *11% 14 14 Drug Inc common preferred — (J P) & Co Inc Stewart-Warner Baer Corp Fuller & 35% Dec 31 *98 101 9% 9% No par —1 Co 20% Dec 30% Aug 6 40% Dec 31 26% May 20 Sterling 2 15%, Mar 1J 18% Nov 9 15 28% Jan 9 Dec 23 43 % Feb 2 Studebaker 20 267/8 Jun 10 38 Dec 14 Corp Sunbeam Corp '96 10% Jan 17 8% Sep 29 70% Mar 13 Sun Oct 20 " 21 92 101.% Jun 27 Apr 4 79% Jan 3 94% Jan 29 114% Jab 8 119% Feb 15 24% Apr 3 18% Oct 6 22% Jab 28 24% Jun 22% Dec 26% Apr: 18 l 63 May 8% Oct 16 A preferred No par No par Sun Oil Co common Class 6 4%% A Sep 14 21% Mar 25 24% Jan 26 23% Mar 26 66 73 % Nov 19 Sunshine Biscuits Inc 10% Jan Sep 15 6% Nov 17 Sunshine 22 22% Jan 20 25 Jan 14 32 Nov 6 Superior Oil of California 25 Superior Steel Corp 50 Sutherland Paper Co common.—5 100 113 660 - 112% Nov 24 Jun 18 Nov 6 24 14% Dec 15 12% Jan 13 18% Dec 11 Sweets Co of America 35% Jan .22 35% Jan 2 44% Dec 14 Swift & Co— 41% Dec 29 % Sep 21 Jan 5 2 % Jan 14 78 40 86 Sep 30 16 111% Jan $4 5 4% Sep 15 7'A Feb 25 Jan 5 17% Nov 17 8 % Jan 20 Dec' 14 28 4% Mar 11 9% Dec 16 -34% May 19 46% Dec 23 16 60% Jan 29 Sep 14 49% Sep 18 16 37 34 33 86 46% Jan Dec 22 Va 22% 22 y4 4,900 21% 21% 21% 21% 23,700 30% 30% 31 w 32% 32% 32%, 32 y4 33 *32% 33 31 31% *30 31% 70 69% *115 16% 16% 16% 17 24% *24V2 25 22 *21% 22 72 *71% 72% 9% 92% 16% 92% 69% 69% 5 Texas Gulf 6 5% Oct 15 Texas Instruments 14 Texas Pacific & Pacific Oct 6 165 Sep 15 138 103 30 42% Feb 2 30 17'/? Jan 7 13 7 11% Aug 31 35% Nov 17 10% Oct 10 8 Nov 26 12% Feb, Nov 25 48 14% Jan 22 Feb 40 15 •9% Oct 8 42% May 1 59% Dec, 16 41% Sep 19 98% 88% Jan 1 July 3 17 4 90 17% 17% 17% 26,300 *24% 24% *24% 24% 600 *21% 22 21% 21% 100 72% 72% 73% 1,300 7% 3,200 . 31 July 28 24% July 49 Nov 19% Oct 12% Dec. 15 141/4 40'A 57% 39 39% 85 . ♦ Oil 46% Jan " *112% 113 V2 113% 113% 4% 17% 17 »A 17% 800 43 3A 44 Va 44 % 44% 9,000 32% 6,500 32% 32 32% 90 813A *81% 82% 105% 105% 105% 500 4% 4% 5% 5% 5% 4,900 4% 15 143/4 15% 210 14% 14% 14% 14% 141/B 14% 1,000 41% 40% 41 411/6 42 42% 421% 900 58% 58 % 59»/a 59 59% 59% 601/B 26,800 393/4 40 % 41 40 3/4 411/a 41% 42 87 15 86 3/8 87% 87% 901/4 89% 90% 53/8 5% 53/4 *14% 15 143/a 40 % *40% 58 y4 57% 39 851/2 85% 5% 53/a 53/a 108 V* 109 100 107 107 110 110 112% 1121/a No par 47 37% 6,400 13,500 37% 110 383/4 36% *15 143A 38% 381% 38% 39,800 17,500 109% 108 36% 100 17% 81% 108 Co , 47% 47%, 47% 47% ftOc 6% No par 5 *13% No par 391/a *8 8% *8 83/g *7 7'A *7 7>/a A Co, common, preference,!.—t Roller 3,400 105% 361/2 common 1 13% 7 1101% 109% 111% 6,600 112 112 113 5% 6 38 6 39 % 42% 2% *1% 13% 800 143/a 14% 14% 14% 7,800 40% 40% 41 41% 1,890 *8 8% 8% *8 8% ... 7% 50% 50% 94 94 * 94 *18% 18%. 50lA 50% *93% 94Va i 300 501/2 51% 5,300 933/4 ■ 1% *18; ia.% *18 i 600 93% . * 2 *1% 2 18%- •2% 101/8 1% 12% 20 20% 20% 20% 20'/a 20% 20% 203/4 14,700 37 37% 37% 37% 37% 37% 37% 37% 4,100 12% 12% 12% 5,500 26% 27 y8 133/4 133/4 14,100 4,100 12% 12% 12% 12% 12% 12% t 23% Sen 14 27% M*r» 8 16% OQt 23 23% Jam 22% Nov 13 28 7 13% J«& . 3 Jan lo 15% Jan H?% Deft • 112% Dec a 105' May - ft. ■ 167/*At*.25*. 217%Dee 47% AU3 25 10% Oct c2T 18% JttJy lS JtW 31 29 7% Dee 22 12% Dec B ^ f Deo-IX * „ 5 83 Map, 9 :83% Jan 25 Jan 94- 15 35% Oct IS "45; 35% Sep 25s 45 ' ' ' 2 Jan 100 24% Dec 12' 107 Jan 30 24% May 1 337s Jan 3 91% May 1 104 % Dec 16 38 y* Sep . 15 82 y« Jun 15 78% Jun 3 Jun J8 37% Jun 10 90 * 100 Sep 15 6 * 7 4% Jan 2 5 % Nov 19 Oct 21 47 4% Apr 25 69% July 9 5% Mar 21 10% Feb 74 11 Feh 8 15% Dec 22 21% Jan 15 14% Oct 22 18 53% Oct 30 64% Jan 30 24% Jan 29% Aug 6 34% Sep 19 15% Jan 2 May 7 18 24% Mar 16% 163A *48% 50 ^ 4 *17 *48' 50 ; - - 20% 19% 20% 20% ; 14 41%, 13%. 14 14, i 141. 41% • v 41% *41 * * 20% 13% — - 7%, ~ - 41 % 7% '41%- 73A ■ 7% 7% 16% 112% 15,200 111% 290 16% 17 ' 300 lft 16% 4 163A 16% 3,400 43% *43% 44% 200 17- *163% '50 173/4 43% 16% 43% 20 > 22% Dec lift : 12% Union Bug & Paper Corp Upton Carbkttf & Carbon ' 9 < Common 16 : ,—20 Preferred $4.50 series Jan 6 Preferred series. 87% Jan 8 Preferred $3.50 07 Jan - 100% Nov 6 44% Aug 13 115% Jan 8 Preferred Union OH $3.70 series $4 29 5% 3 17% 17% *soy* 17% 5ft '5ft'. 20% « • >41% 900 80 51 21% 14 14 42 42 74,500 2,40ft 22% 14' 41% ' 7% 8 7% 8 -- 21% 14 •. 16 3% Apr 22 67 Jan ' 2 4% Jun 23 5% Feb 24 107 Jan 21 16% Mar 20 ' 470 7% 2,700 22 105% *21%. *105 100 *99% 38% 39 39 105 % 106 106 48% 48% 45 '45 * , v 100% 39 »A 108 * *103% 105 *14% 15 *14% 15 No par 24 United Cig-Whelan Stores com 30c Feb 18 $3,50*convertible preferred 100 5% Jan 29 United 30 United No par Corp (Del) 1 Dye & Chemical Corp com_l preferred 100 Jan 2 72% Nov 13 15 17% Jan 8 United Electric 2 United Engineering & Foundry 7% Coal 463/a 47 *103% 105 Sep 46% 105 *103% 58% 58% 58% 59% 27% *27 27 27 4% 9 *78 5% 5 4 78% 4 78% 5 5% 9 9 9% *67% 69 *67% 4% 79 69% 39% 109% 44% *103y4 No par United Board & Carton Corp.—10 . 87% 44% 103% preferred 39% 108 21% 88'A 38% 15 , *14% 89' 38% 105 15 46% 89 383A *103?A 39% 112 48% 45 47% 105 22% 89 38% 1,200 500 13,600 1,900 800 500 61 60% 60% 28 *27% 28% 100 11,600 4 4 4 4 *78 79 *78 79 10 29,400 5y8 5 5 *8% 9% *8 3A 9'A 9% 9% *67% 69% *67% 69% 5ya 1,300 17,400 1,400 6oy4 *27»A 5 6,000 14% 27% 4 11,000 14% 59% 79 - 130 105 59% 4 700 47% *26% *78 700 \ 101 39% 1093/4 48% *44% 22% 38% -v *88% *85 22% 5 4 5 Cos , *103% *103% *103%- 105 *14% 22 Vb 103% 89 883/4 38% 22% 22% 22>/a 3,900 22,700 73% 22'A 103% 105 45% .44% 72% *99% 101% 39% 108 1,600 xlOGV* 106% 45% 103% I 22V* 92 1,800 3,000 22 Vb . •; 107- 45 loo 38% 44% 73Ve 22 V* 48V4 45% 88 V* *853A 12% 12% «"% . 2ft—. 8-% 48% 46 21% ' . 48% y» 45% 38% Co— 100% 39'A 107% 45 873A Carbon *99% „*89.% 88% 45 213/4 United 92,, *85% 48 39 *22% *106% 106% *89%, 48% 88% $4.50 *105% 48 22'/a common > 22 99 22JA 107 46% 4% Feb 16% Feb -105 43%* 44 t-. 45% United-Carr Fastener 68% Jan *22% , 5 5 44 > 43%t 72% 22y4 *99% 10% Sep 49 73% 88 11 11% Dec 28 72 y» *22y4 ,92 31% Feb 10 1 22%:. 38% Inc 8% .43 72% 21% Lines Biscuit of 28% 29% 12% 12% , 22'A 87% Air Preferred 4>'A% '■ 8%- 433Ar 72% *89 y4 preferred— 12% 28%, 72% *85% No par > 22 »A 87% 61% Jan 86 43 3A 8 71% 10 United July 21 ■ 92, 50 50 28% 22 V* 43%- *■>. No par 25 : 12% f ay« .No par United 104% Jan 30 39% Dec 23 100 12% 28%- America 32% Mar 28 17 21 87 ' 8% series of 1952-100 31 Dec 33% Sep 21% Dec 28% *85 Aircraft Corp common— convertible 12% » 8% ' *89y4 Upton Pacific RR Co commom 4% noncuipulalive preferred 106% Jan 102% Jun 28%:- 8 No par —No par of; Callforhia United 12%. 28 % -r *21% No par series 21 0 1(1 "when distributed" 2 ; S No par Union Elec Co ©f Mo common,. 50% Dec 48% Sep 15 25% Sep 23 Feb 112 16% *43 y* - 13% l?3/4 16 Ys 16% 111% 111% { 16% .16% *4 a% *48% _no par Upton Asbestos: St Rubber Co— Union Tank Car Co 70% Mar 19 3% Feb l UdyllbB Cury (Tiie>„. Underwood Corp. 46%-Mar 28 Sep 23 317/a Apr 24 * 33% Feb 50 1 3 39 57% Oct 17 * : 50'A Jan 26% Nov 11 " 43% 16% .. 44% Jun 17 13% Jun 12 112 16'A 27 *17* II 75% Dec 19% Jun 16 . , * 17% 4m 16 *43% Twin City Rap Transit com..No par > 5%. conv prior preferred—J 50 9 49% Mar 20 22% Dec 23 98Jun 4 . 13% 15% 15% 26% 13% 27% 13% 112'/' 112 16 y* 26% *17 17% 15% 112% 16 13% *17 15% 112 , 2 17% Feb 11 Nov •r lfl 7" 17 *13 15% * 27 %r 13% ■ 8 101% Jan 8 : ' r, 37% July 25 107 Sep 18 30% Jan 21 Jun 20tli Cehturyt Fox,Film new .. 13% Jan • 38% Dec 31 3 < 53% Jan Apr. 30; 98- July 31 •91% Jun f • t C 14% Feb 1U l . >9% Mar 20 / 61% Jun 10 50% Nov, 25 42% Aug, 12 4 Jun Dec ?3 2. i ,45% Jan 37% May 28 May 101% Jan 28 26 : Dec . 29 V * -72% Dect30 104 Apr; 21 45% July 9 121 % Mar 31 2iy»Dec -10% Sep Jr4 a 4 Jajji"2 t 2 5% Dec ,18 14% Aug, 50* Jan 23 Trl-Centlnentat -Corp. common.. 1 $6 preferred —.—^ No par Tniax«iTraer Coal Co Common 1 . . 12% Jan J5f 7 18% Feb, 104 17 20% •26% 13% 17% ' 13% Jan 69% Feb, Feb 27 Doc 30 Steel—No par 7 lft 3 A3 % Jun 26 ' 30 14% Dec Oct 10 .57 & Williams x26v. , 13% Preferred series a (conv).. 50 47'A Feb 25 24% Jan 30 •~r> Tung»-Sol Electric Co common —1 ' Conv 5% serl«a',oM952l—JL—=6ft ?'■ 69% Jan 30' IIP . 47% oct aa 11% Jun 29 Transue ■ 5 20% Jan 60% Dec 12% Jan 2 17% Jan 15- 15% Dec. 3ft S 49 Sep 25 -.38 Feb 2 ? 112% Aug \ 12 '$■,' 13.%-Sep = - "Dec 29. 42% Jun 12 ,-Jf- * Dec 10 Corp Trans World 1 Airlines Inc_ t 15. i ( 25 - Transam erica > 26 106% Jun 24 . 44% Feb ML ' 20% Feb V 15 21% Febt 15 40% May 19 : 29% Mar 19 • 12% Sep 14 17: 3 13% 14 137/a 14 14 14 14 14 5 12% 12% 12% 12% 12% 12% 12% 12% 45% 46% 68 68 600 20 *13% 14% 1,600 123A 123/4 2,000 1 2 30% July 26 12% Oct 24 Sep 28 23% July 22 30% Jun 17 llJ/a Dec 29 1 54% Jan" 9 96% Jan 19 May 1 2 31% Dec 31 Sep 14 95% Sep 15 22 Sep 14 Aug 27 103% Oct 13 119 167 Jan 8 179 16 Jan 9 61 Mar 19 May 27% Dec 66 For footnotes see Sep 7 9 3 • page 22. 46 159 Jun 9 46% 47 46% 47 Ve 463A 47% 19,400 28 273A 28 27% 28 28 28 28 28% 24,100 34 34 34 34 34 34 34 *34 34% 700 11% 11% 11% 11% 11% 11% 11% 11% 11% 11% 13,000 (The)_l 1% 1% 1% 1 % 1% 1% 1% 1% 1% 1% 4,600 No par No par 49% 49% 53% 4,700 *100% 102% Fruit Co. —No par Mar 27 United Gas Corp 10 10 United 3 United Merch 2'/4 May 12 United Park City Mines Co 37% Feb 13% Mar 101% Dec 23 73 Apr 102% Aug 46% 27% 34 United 10 11 101% Feb 20 DeC 30 14 65 Jan 31'% Jan 120 175 Jan 5 5 20 U 35% Jan 23 56% Nov 30 68 Feb 9 1st preferred S Freight Co U S Gypsum Co common Marl6 15% Nov 27 S Ss Foreign Securities $4.50 U Gas Improvement Co...13% & Mfrs Inc 1 U No par 20 1% preferred S 'Hoffman Machinery com. 4%% preferred 100 5 100 *23% -24 114% *173 *17% 58 115% 177 17% 58 46 50 100% *23% 115% *173 17% *57% 50% 100% 24 115% 177 50% 101 23% 51% 101 233A 115 116 *173 175 17% *17% 58% *58 17% 58% 51 *100% *23 116 51% 20 102% *100% 102% 23 y2 233A 233/4 200 117% 118% 5,200 117 »1737A 177 17% 17% 58 51 58 *173% f, . ■' 1 ■ % r 18% 20% 36% ; 120 400 37%" ,20 5 . *1% 2 A *1% *183/a 50% 94% 50: *93 . 140 9% lft • } 800 *1% 2»A *97/a 10 71/4 41% 7y8 41 41 Va *1% 2V4 13% TVa 7y8 *41 41% *9% ' *8 7ya *l7/a 2y4 ■10 13% *41 42'A 51 —10 5,100 14% 50% 2' 14 500 7,900 7 40% *93'A 18% *13% 6% 7 14Va *9% *1% 6% | 47% 40 10 *18 7 471/8 47% 13% *9% .r 47% 6% 40 .. 42% 2y8 47% 13% 14 391/a *110 14% " 137/a 14 42% .No par (The).. 7 7 13% Bearing——.No par Toledo* Edisop Co 323/4 32% 1061/2 . Timber*. r 32% 81% 1 Tide Water Associated Oil— 5 13 % Mir 20 1,800 32% 690 105 % 81% *105 10 —5 preferred : —100 Tliompson-Starrett Co com—No par $3.50 15% 43% 31% 82% 4% 15% Trust— 4% 28 32% 105% *14% 5% Thompson Products Inc com— 27'/♦ Mar 25 Dec 29 ll%^Jun 10 35 t 3 3y* Jan 14 * 7 Aug 29% Mar 27 27 16 Jan-' 2: 15% convertible preferred50 fThirdh Avenue Transit - Corp.No par Thompson (J R) 15 2 31% *81% *105 600 15 31% 31% *110%, 112% *17 y4 17% 43% 7% 670 670 15 14% 31 y4 ,31 7% 7% *650 652 14% 112'A 82 72% 7% 650 14% 30% *110% 32% 82 $2.50 97 '/a Jan 1% Nov 30 July 28 22% Jun, 25 Land Fair Thermoid 14'/a Mar 12 61% Mar 26 15 91% Jan The 8 14 3 Yo 15 Coal $1.25 conv'preferred 27 r 111% 31% 1 $2.40 conv preference Feb 44 4 111% 650 *14% No par Inc 9% Jan 31 Jun 1% Jan 15 Jan-18 4 15% Feb; 121/2 Jan 77/a Dec 31 6% Dec 1 31 7% 7% 7% *625 14% 30% Thatcher Glass Mfg Co common Mar 26 7% 650 14% 14 »/4 certificates Utilities Co Textron 6 20 14% Mar 10 42 share Texas & Pacific Ry Texas 16 12% Mar Dec Sub 9 48% Dec 18 14 41 24 23 Mar Dec 15% Feb 18"% Feb' Jan 72 *14% Inc 101 72 10 Sulphur 43% Feb i2i% Jan i » 3,100 1153/4 *115 116 3,400 4,000 9% *90 69 ^A 69% 69% 115 24% *21 % 9% *90 92% 69% 115 33 9% 9% *90 , 114% *32 32% 9 92% *90 92% *31% 9 ,9 9 No par 110% Jan 12% Oct 31 . 100 21% 21% 8 5 Corp 15 35% Dec 29 3 18% 22 Vb 47/a Producing Co 6% *10% Jan *17% 21 y8 9 Gulf 18% Jan 22 900 3,300 21% 4% Co 17 Oct 14% 12% 21% 105% _■ Texas lO'/aNev 18 3,300 14% 12 y4 r 22 Va 105% (James) Texas 37% Jan 10 135 39% Oct 23 18 25 Talcott Inc 3 1 46% Nov. 19 Jun 18 114% 7.50 No par No par 1 pfd (conv) Symington Gould Corp cum 547/a Apr 8 2 18% 43% 58% Dec 24 24 11 *17% 17% 2 Jan % Nov 10 18% 17% Jan « 32% Jan 8 % Jan *17% 43% 30% Sep 12 195% Mar 28 .15% Nov 14 12% 17% 5'/« Oct 16 14 12% 43% 78% Dec Dec. 31 116% July 14 16 Oct 21% 21% 14 17% Texas 32% Oct 21% 21% 12% 43% Telautograph Corp 27% Oct 128 8,800 14% (The)—4.16% preferred $4,40 Tennessee 50% OCt ^pr 15 26% 21% *14 25 16'A Aug 13 47% Mar 100% 240 25% *93 21% *625 100 preferred Sylvauia Elec Prod Inc com 97% Juu , 15% Nov 13 4.40% May 22 4 7% Jan 21 1 5% Oct 23 13% J au 4 89% Aug 25 115 May 93% 25% 100 21% 10c Mining Co 30 81 5,700 12% 7% 29 Dec 15 May 12 10% Jan 32 % May 300 37% 12% 71% 13% Sep 18 30% Oct 102 11% 37% ,14% 69% —12.50 26% Aug 26 22% Apr 24 102 % Jan 2 *11% 37% 93% 44 22 69 520 30 11% 37 • *93 25% 12% 116 116 16% 16'A 24% 24'A 22 *21% preferred Apr 14 27% Jan 26 17 Oct $4.56 series 2 5 Jan 19,100 11% 14% , 2,200 12% ' 11% Jan Oct 19 Feb 117 7 100 Sunray Oil Corp common —1 4'A% preferred series A _25 5 Vu % conv 2nd pfd ser 1950—20 15 3 570 490 July 12 *43 21% 8% *90 1 23% Sep 30 197/a Sep 16 16 70% Dec 11 1 99 82% Jan 68% Nov 18 110 *43 10 44 45 18% "30 Chemical Corp common ' 101 9% 21% "When issued" 8% Nov , 12 *98 21 30'A —-1 No par , li7/8 *43 12% 12% *17'A Stokely-Van Camp Inc common—1 5% prior preference, 20 Stone & Webster———.J—No par 10% Sep 15 '16% July 1 31% Feb 21 Stores Bros 4 10 New Stand Ry equip Mfc Co 30 13% OOt 23 Oil1 of standard 5 32% Jan *4% Nov Shares 54 10% Dec 87 Jan.15 53% 3 23 Jan. 14 68% par Indiana Stanley Warner Corp Starretfc Co (The) L S Dec the Week Friday Thursday Jan. 13 69% Oil of 12% May 11 47% Dec 7 38 Sales for Wednesday ( 53% 100% Jan 12 13% Mar 26 5 Jan. 12 68% 31 Dec California—No Standard OU of 17 36% May ~2 13% Mar 24 Tuesday Jan. 11 53 Standard 78% Jan 38% Jan 30 8/% Sep 11% Oct 30 Monday Par 25 59% Jan 81% Jan Sep 15 Sep 21 ' May 11 STOCK YORK SALE PRICES LOW AND HIGH EXCHANGE Highest 49% Sep 21 65% Sep 15 64% July 23 3 70% Oct NEW Range for Year 1953 Year 11)52 Lowest " STOCKS Range for Previous 21 177 173/4 17% 400' 58 58% 90 ; * r I 22 The Commercial and Financial Chronicle... Monday, January 18, 1954 (222) NEW YORK STOCK RECORD NEW Range for Year 1953 Year 1952 Lowest 18% Jan 3 23% July 21 9 8% Nov 24 35% Oct 23 39% Dec 8 34 Sep 14 40 Va Mar 17 56 19 67 4 57% Dec 11 64 Sep 16 x81>/4 Jun 17 90 V4 Dec 31 22 % Oct 16 136% Jan 2 Jan 34% Mar 21 90 Mar 28 102% Jan 31 30% Dec 31 146% Feb 6 53 Oct 30 87% Mar 29 61 Jan 3 37 % Oct 23 68% May 29 42% Dec 31 138 % May 16 19 Ve Oct 144 Jan 24 20 23 Feb 13 36% July 25 5% Jan 7 41 May 18 13% Nov 23 7% Oct 22% Jan 22 Jan 8 2 5 33/4% 973/4 Apr 6 3%% 31% Jan 2 18 6 37 Oct 67% Jan 2 54 Dec 31 663/4 Feb 44 Va Jan 5 Aug 31 144 % Jan 17% Dec 10 213/g Feb 26 35% Dec 4 393/4 Nov 10 6% Jan 2 22 94 27 72'/a D»c 30 2% Apr 23 24% July 25 1% Sep 2 1% Dec Dec 31 Jun 4% Jan 19 Jan 18 3% Jan 26% Dec 2 26% Jan 7 169 8 Jan 8 13% Nov 6 30 119 Dec 11 125 Oct 31 125% Jun 3 32 Jan 2 24'/a Apr 28 9 93 % Apr 29 24 29% Jan 19 2 8 137% Jan 19 May 29 88 July 17 16% Oct 112 128 127 29 •' 92 28 8 15 Sep 25 % Jan 130% Jan 8 22% Jun 23 17 273/4 Nov 27% Dec 31 116% Nov 20 106 5 114% Nov 12 103% May 92 July 20 1003/4 Dec 24 92 Jun 3 100% Oct 30 Jun % Jan 22 103% Dec 2 15 33% Apr 24 37% Jan 4 25 % Dec 31 353/4 Feb 2 x27 % Jan 14 31 19 98 Jun 13 25 Va Dec 28 30 Feb 35% May 22 44% Jan 11 36% Mar 5 64 Dec 7 16% Apr 28% Mar 18 Jan 18 14% Dec 7 18 Mar 4 31% Oct 2 27 22 20 Jan 68 % Dec 29 59 Sep 14 70% Mar 11% Dec 22 8 5 Jun 15 Va 13/4 13/4 17% 353/4 7% 7% 1,000 7% 7% 3,100 *1% *16% 17% •16% 13/4 160 18% 1% 23% 22% 160 18% 64 343/4 2 30% *29 160 64 1% ♦29 *13/4 30 , 343/4 >'• 18% 64 . ' 343/4 223/4 2 157 19% 18% 1% 293/4 293/4 *29% 23 '• 227% 22% 22% 156 193/8 19 100 22% ►155 156 4,200 220 ' ' ;'*19y4 19% 20% 64% 64% 64% 64% 64% 65% 34% 34% 34% 35 34% 36% 21,200 , 35 373/4 '".r 430 " 123/a 6 1,100 30 64 29 36% 1% 34% 12% 37 2,300 13/4 * •' 156 40 18 1% 158 3,100 78% 1% *17% 30 22% 160 *76 1% 18 1% 28% 363/4 36% 6% 6% 6% 6% 303/4 30% 30% 30% 363/4 36% 12% . * *28 Va 63/a 63/s 31 31 363/4 12% 123/4 29 *28% 2,300 4.400 12% 29 2,100 , 500 6% 6% 6% 4,500 31 S/8 3l3/4 32% 4,100 *125% 127 *125% 127% *125% 127 % ♦125% 127 Va *125% 127% preferred—100 *125% 129 *125% 129 *125% 129 *125% 129 *125% 129 Works common—_5 27% 100 Chemical *90 21% com—No par partic preferred 100 126% 27 Power Co com—10 100 10o 100 25 25 5 dividend preferred $4.20 dividend preferred Virginia Ry Co common 6% preferred Visking Corp (The) Vulcan Detinning Co common 1% 173/4 78% 1% 17% 2,000 353% *753/4 - 145 17% 78% 1% •16% 5,700 36 *753/4 *753/4 1% 17 12% Virginia Elec & $5 preferred $4.04 144 % 78% 78 28% preferred div 17% 145 73/4 12 3/4 noncumulative 6% 64,600 *7% *28% Carolina 300 40% *353/4 12% Victor Chemical 3 Va % 56% 39% 73/4 Vicks Shreve & Pacific Ry com—100 Mar 20 17% 36 28% Co 40% 56% 144% 12% Chemical 5% 17% •35% 393/4 393/4 7% Mar 19 13 145 39% 56% 73/4 30% 30 393/a 7%. 2.50 Apr 17% 35% 1,610 7% Vertientes-Camaguey Sugar Co__6% Nov 17% 35% 21,600 7% 6 29 Vick 18 35% 30% 137 Va 803/4 393/8 , * No par Raalte Co Inc 31'/a Dec 144% 1% Norman Co Van 0 144% 100 30 137 *55 % 36% Van 23 % Apr 393/4 28% Vanadium 17% Mar 23 323/, Mar 25 9 55 39% 10 45% Mar 25 8 10% Jan 393/4 54% 393/4 Corp of America—No par 2.5o 15 29 38% 55% 80% 30% 136 Va *7 *753/4 100 22 5 Va Dec 38% 145 200 3,100 73 29% 39% 145 1,200 61 136% 30 136% *543/4 38 300 373/4 243/g *70% 803/4 15,800 8% 25 72 7% 1 Inc com Co Light Co 27% Dec 127 Mar 12 & 30% Sep 129 21% Jan 95 Pictures *793% 24% 7 x223/4 preferred Power 11% Dec 3 110% Jan %% 4 1 6 Universal Utah 793/4 29% 135% *70% Shares 16% *8 373/a *60 V* 7 *29% 100 79% 29% 136 24 72 153/4 61 7 _1 — 243% *70% *59%, 7 com.No par Leaf Tobacco 60% 7 *16% Corp preferred 16 17 Nov Universal 4 293/a 135% 37% 7 50 1 preferred Jan 25% Dec 87% Sep 18% Oct preferred—No par 45% Aug 14 23 Apr 18 1 2d pfd-5 Universal-Cyclops Steel Corp 68 % May 20 353/4 Dec 17% *35% noncu American Universal 8% »144i/2 Wall Paper Inc common—2 convertible 17% Jan 31 23 % Apr Apr 24% Oct 30 2 7 10 15% Jan 23 116 19% Dec Feb Jan 29% 136% 363/4 39% No par Corp $4.20 convertible 4% 17 14 23 12 116 29 Feb 28 % Jun 33% Dec Dec 10 Sep 61 65 27% Oct 27 29% 8% 24% 793/4 136 15% ay* 60% 72 preferred—25 common noncumulative $6 167 16 14% Dec 100 Co Tobacco 7% United 3 *70% *79% Jan. 15 15% 37 the Week Friday Jan.14 8% 37 ,243/4 72 80 No par preferred Mar 19 15 July 28 Apr 24 May 23 34 7% D S 243/4 70% Rales far Thursday 15% *8 60% •79% SALE PRICE8 Jan. 13 15% 37% *59 24% v- 8 . 37 38 Mar 18 14 Sep 4 8 HIGH Wednesday f 15% 15% 56 4 233/4 Dec 60% 24 373/4 Stores 223% Jan 155 60% 5 common United 9 37 *54 % Corp 19 3% May 13 37 5o Steel Stockyards 32% Dec '8% 100 preferred S 29% Mar 12 15% '8 Smelting Ref & Min com—50 S 90 17 6 11 15 1% Nov Aug 57 28% Apr 15 153/g common 1st preferred United 9 Va Mar A B AND Jan.12 20 10 1 100 100 Co series series Co noncum 8'/a May 25 31 27 preferred preferred Rubber 7% U 9 7% Apr x87Va Oct 2 U 28 135 22 14 S 8%, 2 15 6% Dec May D 1443/4 Mar 11 33% Sep 11 Jan U 32% Feb 853/4 Jan 23% Aug 31 l Playing Card Co S Plywood Corp common 23 Tuesday Jan. 11 —10 U S 26 10% Jan 23 6 Oct 127% Sep Monday Par common. Foundry & Pipe Oct 9 STOCK preferred. 22 24 156 Mar S D Co Lines 4%% 70 74% Nov 8% Dec 21% May 27 U S 26 22 YORK LOW EXCHANGE ' Highest Lowest Highest x7% Dec 26% Oct .CQijtioHetf—Page 12 STOCKS Range for Previous 10 27% 27% 27% 91 90 90 23% 223/4 23% 129 127 *90 22% 1293/4 130 27% 27 27% 27% 113% 113% 113% 114 * 100 *99% 27% *100 26% 102 102 *100 26% 26% 26% *25% *56 15% 130% 233/a 130 27% 27 *90% 23% 28% 92 2,100 100 233/a 29,200 130% 130 24% 130% 1,300 27% 27% 27% 9,100 ♦113% 114% 113% 113% 60 100% 100% *993/4 101 ♦100 102 *iooy4 27 27 *263/4 25% *56 15 Va 153/4 25% 102 60 •101 % 102% 27% 27% 27 % 500 26% 26% 25% 26% 1,300 57% 57% 59 59 Va 62 1,600 153/4 *15% 15% 15% 15% *28 293/4 64 64% *28 29 *28 29% *28 293/4 100 64 64 *63 64 No par 10 *24 20 preferred 91 114% 57% 15% 23% 28% 100 Va 26% 57% 15% 26% ♦90% 283/a *99% 26% 57 % 91 27% *113% 100% 99 % 27% *28 600 29% w 55 Apr 17 11% Jan 2 Aug 6 27 Nov 24 29% Jan 14 42 Va Apr 29 51% Jan 7 8 12 % 2 Wabash RR 13% Mar 10 Waldorf System 21% Nov 24 29% Jan 43% Jun 52 16 Dec 22 10% Jan 30 Dec 29 17% Jan 11 21% Dec 3 18% Jan 2 25 Jan 12 104% Dec 5 98 Sep 15 105 98 15 Oct" 22 20% 25 Jun 35% Jan 3o 3 Jan~30 5 Walgreen Dec 9 22 Feb 27 Walworth Co May 12 Feb 19% Feb 19 24% Dec 3 18% Dec 11% Nov 17 14% July 31 Mar 16 9 Bros Pictures Inc Inc 193/4 193/4 20 20 9% 10% 10% 103/a 10% 11% *11% 11% 11% 11% Jl% 11% *113/4 12 600 25% 25% 25% 25 S/8 253/4 26 25% 26 3,500 79 78% 78% 79 79 79 80% Sep 15 12 % Mar 27 Webster Investment Co 1 28% Feb 2 Wesson 1 84% Feb 3 Oil & 5 11% com—2.50 Snowdrift convertible 25 5/8 253/4 78 78 preferred 5 West West West Penn 110% Sep 5 98% Jun 17 107% Jan 8 West Penn Power 102 No par Sugar Corp Kentucky Coal Co 4 Indies Electric 4%% 183/e 18% 18% 4 16% 17 17 17 363/g 363/4 363% 36% 100 *105% 1 pfd 2 103% Apr 18 88 % Jun 18 98 Jan 9 102 Feb 7 89 Va Jun 9 12 Sep 17 16% Jan 29 12% Nov 5 16 3/4 Jan 15 West Virginia Coal & Coke 21% Nov 5 253/4 Dec 21 West 100 100 100 100 97 *96 98 *97 98 98 12% *12% 12% 13 12% 43% Sep 15 57% Mar 11 109 4%% Western Oct 22 26% Dec 23 20 Sep 14 32% Mar 25 21 47 Dec 19 45 Jan 2 63% Mar 25 4% 20 64% Dec 12 46% Sep 14 673/8 Mar 18 Auto Western Oct 7 11 38% Feb 18 27% Nov 21 22 V* Dec 30 48% Aug 13 29 % May 18 48% Dec 39% Sep 15 52% Dec 3 91% Jun 1 993/4 Jan 12 16% Jun 10 22 May Jan 14 127 Mar 30% Sep 15 80 99 % Sep 2 4 4 5 Paper com Western Supply 5 2nd Pacific Preferred series Western Union preferred RR 3.80% Telegraph Elec Inst 41% Jan 30 89% Jan 22 Oct 14 86 % Mar 24 34% Jan 7 24% Dec 14 30 8 White Dental Mfg 23 29% Jan 2 23 Sep 15 30% Dec 21 White Motor Co 28 4% Dec 30 12% Jan 8 White Sewing Machine common Apr 28 27% Aug 29 21% Dec 15 323/g Apr 13 2 18% Sep 11 30 Va May 27 4 13 Va Dec 113/4 Feb 17 21 11% Mar 26 5 74% Mar 10 & $4.25 Co 15 8% Nov 5 13% Jan 15 Wilson-Jones 25% Dec 17 24% Jan 0 35% Dec 16, Winn 7 23% Nov 24% Jun 17 51 Oct" 16 64 Jan 126 Apr 24 103/aJun 25 10 36 Sep 21 42% Dec 22 293/4 Oct 5 Jan 2 19% Dec 22 135 2 Woodward Jan 30 Woolworth 32% Nov 19 20 Sep 15 35% Mar 17 83% Feb 5 75 Sep 10 86 97% Feb 20 Nov 19 101 Sep 14 75% Jan 14 70% Dec 22 9% Oct 23 x32 % Jun 5 118 13% Feb 1 40% Jan 71% May 12 63/4 Dec 31 31 Wisconsin Jan 8 9 Mar 19 130% Mar 16 82 Dec 10 11% Mar 17 41 6,300 53 Va 44,300 99% 99% •983/4 99 Va 99% 100% 100 V* 21% 21% 213/4 213% 21% 213/4 20 1 21% *122 •122 31% 31% 31% 85 83% 84 *83% 84 27 27 27 *27 27% *26% 27% 27% 27 27% 273/8 27% 275/« 27% - 27% 5% 5% 31% 27% 31% 31% 83 Va 313% 84 200 22% 1,700 • 32 32% 833/4 83% *263/4 27% 6 4,800 190 - 300 2,200 5% 6 *24 24% ♦24 243/4 •233/4 243/4 243/4 25% 21% *21% 21% 21% 22 y* *22% 22% 22% 22% 900 16% 16% 16% 16% 14% 16% 15% 14% 15% 62,300 8% 83/4 8% 83/4 8 3/4 83% 83/4 83/4 8% 7,200 *24 *70 72 *70 6 6 15 6 6 2,700 300 ' 8% *70 Service 71% *70 *10% 10% 10% 10% ♦10% 103/4 10% 107/» 10% 1 31% 32 32% 32% 32% 33 a% 33% X33% lo 33% 33% 3,400 29 29 29 29% 29 29 3% 29 29% 29 Vi 293/. 10,400 •133 136 ♦132 Corp—10 Co 10 Co 10 No par common preferred 4%% series 100 Yale & Towne Mfg Co 34 20% Dec 31 34% Jan 39 % Oct 23 50% Jan 34 Sep 14 473/g Jan 5 15 15 17% Jan 11 Dec 31 16% Jan 2 Youngstown Steel Door 5% 21% 101 243/a 16 °n th,S day* 27 21% •122 *99% 21% 27% Oct xE;BdiviadLddflSk;dExP?,Chin° SaIe 27 •122 - 100 (FW). York Corp_ Corp Products *123 *99 9,400 lo Public Zenith Radio 40% 800 24% Prior pfd 4%% conv series 100 Wrigley (Wm) Jr (Del) No par Wyandotte Worsted Co 5 Zonite 40% 99 405/8 23 Corp common : 1 4%% convertible preferred 50 Young (L A) Spring & Wire_No par Youngstown Sheet & Tube No par 6 403/4 *97% 52% 1 13 97% 245/8 9 Jan 97% 243/4 53% Mar 5% Apr 97% 52 3/8 23 % Apr 84 97% 40% 39% Apr 28 98 24% 9 S% Oct 97 51% 14 62% Dec 29 96% 3,700 513/4 15 88% Nov 28 5% Jan 29 9,500 25% 25 Sep 2 100 55 y» 40% Jun 17 52% 55 24% 24% 50% 16% Sep Jan 52% 56% *51 243/4 47 4% Nov 52% 553/4 53 40% 21% Oct 68 25 •50% 57 *50% 24% 51% Dec 13 25 52 53 41 8 24 600 51 % 2 Oct 47% 24% 13% Jan Jan 473/4 50% 39% Jan 1 2,900 47% 24% No par Grocery Co Worthington Corp Prior 9% No par Co Iron 10 9% 47% 47 9% 1 preferred 48 76% Jan * 8,800 110 *9 Va 9% 5 Wisconsin Elec Power Co com 6% 25% 25 •108% 2,600 50% —20 Inc. common Lovett 53 42% Apr 17 26% Feb 20 45% Dec & 25 60 50 125/g 50% 1 preferred 14% Jan 2 12 3/8 110 150 99 563/4 30% Willys-Overland Motors Inc Wilson 101% *97 57% *83% Co 12% Aug 18 26 101 % 57 No par (The 8 8) preference Oil 24 107 573/8 96% No par — prior preference 15% Apr 25 107 24% 100 6 Prior 23% 23 1,700 7,500 40% 12.50 17 conv 23% 47 24% *108% 243/4 110 3,400 '363/4 100 Corp— Wheeling <fe Lake Erie Ry Wheeling Steel Corp com 23 9% 18% 17% 36% 10 30 73/4 Sep 47% 24% *108% ■ 10 Oct 63% Oct ♦47 24% 110 12% 210 12% preferred series B Weston Wilcox 47 Va 100 A Oct 15 47% 57% 32 16% Oct 9% *50% Westlnghouse Air Brake Westinghouse Electric com $5 9 100 80 Jan 24% »108 Va 9 Va No par com '28*/4 Oct 40% Mar 17 24% 108% 9% 10 Co 24% 108% 1 Maryland Ry common—100 noncum 123/4 100 preferred 46% Feb 45% Feb Pulp & series O Western Air Lines Inc 34% Oct Nov " 12% 56% Dec 15 138 18% 700 2,900 17% ; 98 30 15 101 Va 100 '96 46% Apr 128% Jan *1003/4 *98 8 21% May 107 100 5 12% Jan 22 75% Feb 13 *106% 100 Jan 14 1063/4 preferred series B 123/a Jan 8% Oct 22 •106% preferred 15 68% Nov 36% 4.20% 8% Sep 17 17% 36% 4.10% 7 32 18% 17 15 15% Jan 9 106 18% 17.% 36% 15 8 8% Mar 106 18% Jan 15 17% Jan 106 18% 17 363/4 . 99 Va Jan 9% Oct 14% Jan 18% *78 No par Co 96% Jan 10G% Jan 700 19% 5 4 900 93/4 293/4 Jan 10% Aug 29 % Jan 9,200 13% 19% 283/a Jan Oct 25% 133/4 93% .373/4 Feb 25 25% 14 193/4 10 . 253/4 9% 21% Sep 73% Oct 126 25% *19% 9 Mar 20 31 93/8 30 127 31 193/g Dec Mar 20 5,300 31% 9% Jun 127 1,500 32% *31 19% Mills— 16 3 30% 32% 30% 1 Knitting 32 Nov 29% 32% 5 Wayne Pump Co 9 31 29% 32 31 25% Wayne May 14 29 32% 31 31% •133/4 13% Feb 25 90 28% 31% X30% 14 243/4 Mar 23 Sep 29 ,17% 1,000 26 14 Va 6,800 133/4 3 101 26% 14% 17% 25% 30 2 26% 31% *26 150 13% 14% 41% Jan 95 % Jan 173/4 26 28% Dec 24% May 14 35'/a Feb 20 14% 173/4 *14 37% Dec 98 133/4 17% 7,600 5,200 101% 14 2 4 13% 173/4 6% 223/4 *100% 26% 2 16 133/4 17% 6 22 22% 102 14 21% May Oct 133/4 17% *100% 253/4 29 % Jan Mar 133/4 17% 22 22% 101 5 28 104 6 14 Va 22 100% 400 .No par Sep 4 5% 6 21% 100% 653/4 Power 8 17% Nov 5% 653/4 Motor Co Water Waukesha $4 5% 213/s 100 Va Wash 30 17% Apr 37 5% 22% 101 31% 14 89 4,300 31 14 18 52 3% 26% Sep 10~9% July"15 52% 313/4 Sep 106% Mar 18 52 303/4 13 16 51% 25% 24 Oct 52 Foundry & Pipe No par Petroleum Corp 3 Washington Gas Light Co—No par 31 28 513/4 Warren 21 7 513/4 Warren Dec 5 51% 33% Mar 19 18% Jan 19 51% 53/4 373/, May 14 31% Dec 30 28 May 1,200 14 1 11% Jan 17% 500 25% 21 16 84 13% 1 12 % 25 23% Sep 24"% Oct 23 32% Jan 5 12% 24% 28% Sep 9 3 21% 100% 12% 24% Warner-Hudnut Jun 28 5% 1 100 common preferred 12 Va 243/4 16 29 30 51% 12% 243/4 20 3 May No par ♦12% 17'/a Apr 30 Oct 5 Va % W 2.50 Baking Co 4 & 12'/8 24% 18% Nov Dec 9 % G *63 12% 243/a 24 31% Sep 80% Feb Ward (Hiram) 64% 12% 24% 15 37 26 Walker 12% 11% Sep 14% Apr 27% May 15 May preferred Co Warner 25% Jan 4 9 4%% No par *132 •70 •132 136 71% 136 *132 71% 10% 500 136 18% 18% 183/4 183/4 19 19 19 19 Ve 19 19% 39% 40 39 7/8 39% 39% 39% 39% 39% 39% 39% 600 43% 433/4 43% 43"% 43% 44% 44% 44% 443/4 45 % 14,600 32% 33 32% 33 3% 33% 33% 33% 335/8 337/g 12,900 79 *78% 33% 79 y4 *78% *119 122 121 •77% 78 77 6% 7 37% « 79% 121 77 % 6% 79 y» 79% 126 121 >/a 121% 78 78 78% 793/4 7% 7% 7 7 79% 125 x793/4 7 80 125 79% 7 70 90 1,100 1,300 373/4 37% 373% 373/4 37% 38% 2,800 23% 233/4 233/4 24% 24% 24% 233/4 24% 23% 24% 30,100 533/4 53% 54 54 54% 54% 54% 54% 54% 21% 21% 21 % 21% 21*% *21% 213% 21 Va 21% 900 383/8 38% 38% 38% 38% 38 % 38% 39 Va 383/4 393/4 9,500 12% 12% 12 Vt *12% 123% 12 Va 12% 12 % 123% 1,000 65 65% 65% 6534 65 6534 65% 4% 4% 4% 43/4 *12 375/a 63% 645% 1 43/4 4% *37% 7 ♦79 *121 3,600 533/4 No par receiversh5p* or petltlon bas been filed for the 135 71% - 4% company's reorganization, 5 *21 a Deferred deivery. 37% 43/4 rCasb sales. 66 4% wdWhen distributed. 2,600 3,400 3,700 Number 5291 ...The Commercial and Financial Chronicle Volume 179 t < (223) i Bond Record New York Stock «» friday The 23 weekly - italic letters In the column headed Exchange yearly - "Interest Period" Indicate In each case the month when the bonds mature. Figures after decimal point represent one or more 32nds of a point ssSF LOW AND SALE PRICES HIGH ' Mange tor Previews , Tear 1962 .. Lowest GOVERNMENT BONDS " Range for Year 1953 Highest Highest NEW YORK ! .Lowest 99.24 May 12 104.16 Dec 4 i Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury 96.-9 96.14 Oet 14 Oct 14 -9649 Jan 96.25* Dec 9 • 9 94.8-Mar 25 p 94* Mar 25 9 -96J21 Dec 9 96r20Mar t8 96411 Dee 14 95.20 MX Treasury Treasury Treasury 95.20 Oct 23 >' Treasury Tuesday Jan. U Lew 10 Dec 24 100* i 9642'Dec 10 9640 Noo 19 06i2»Dec 95.8 96.27-Nov 18 9 102.18 Jan 100.4 18 Nov NOT •10518 105.24 •105.20 105.26 *105.24 105.30 ♦102 102.4 *102.2 102.6 104.8 *104 104:8 *104 •102.14 102.18 ♦102.19 102.22 *102.20 102.24 -1958-1963 *105.28 106.4 *105.28 106.4 *105.28 -1960-1965 *10744 108 *107.24 1081 •107.28 —1956-1958 *101.10 101.14 *101.10 101.14 1958 •101.14 101.18 •101.14 101.18 *99.10 99.16 1961 e -Dec 15 ..1962-1967 •99.4 99.10 —1963-1968 —— J. *98.6 9812 •9744 97.30 r'J •97.22 97.28 ! —June 1964-1969 __DeC 1964-1969 — .1965-1970 . *97.10 ♦98.10 97.19 „ 6CT27 97.19 Oct 27;.. ' .^. ' 99.18 Oct 15 Max 18 100* 102.8 *104 ♦99.14 *96.20 *96.26 — 106.4 108.4 •108 108,8 *107.28 108.4 •101.14 101.10 •101.12 10116 *101.16 101.20 *101.16 101.20 ♦99.20 99.26 101.16 : *9046 99.20 100 98.20 •90.26 99 ♦98.22 98i28 98.8 *98.10 08.16 *98-4 08.10 98.6 *984 98.14 ♦98.2 98.8 r ♦98 *97.14 9740 .♦9740 "97.26 *97.30 98.4 ♦97.26 98 97.10 *97.10 97.16 •9742 97.28 *9ll6 97.22 96.30 *96.30 97.4 *97.14 97.20 *97.10 97.16 r' •96.24 '. *96.24 96.26 — •105:28 •96.24 96.26 : 106.4 *98.2 . *9746? 98 96.30 97 *97.12 97.18 *97.6 97.4 *97.14 97.20 ♦97.12 97.18 96.26 -Treasury 2Vis —Sept 1967-1972 L_ " * Treasury 2 Vis Dec 1967*1972 Treasury __C_-^-1957-1950 Treasury 2%s —June 15 1958 ■Treasury .2 Vis; 1954-1955 Treasury "2 Vis, ..1954-1956 99.14 Oct-23v -Treasury 2Vis — —1956-1959 Treasury 2 Vis —June 1959-1962 Treasury 2 Vis —.Dec 1959^1962 Treasury 28—,: —June 1954 Treasury.2s Dec 1954 Treasury 2s Dec 1954-1955 10244 *105.28 •98.14 96.2 , 104.8 *102.20 ♦97,4 1 *96:30 •96.20 —. — . 106.8 ♦102.4 104.8 106.4' *101.12 98.16 *97.28 97.16-; .1966-1971 '-i—^Jdne 1967-1972 • — 99.14 Oct 23 *106.2 102.8 i Bonds(f) *102.24 102.28 *101.14 101.18 ' iir-;Tteaaurjf 2%s High High •102.4 1044 *104 the Weak Jan. 15 how 106,14 *106.8 102.4 •104-:. Sales !•» Friday Jan.14 Lew- High •102 .... 18 ' -1956-1959 -rzjsmz* 102.18 Jan 29 29 - Thursday Jan. 13 Lew High - —1955-1960 »97.4 ■ 96.15'Dec Wednesday Jan. 12 Lew High -1978-1983 3M»s 2%s 2%s 2%s 2%s 2%s 2%s 2%s 2Vis 2Vis 2 Vis 4 Vi s 2%s 2Vis Treasury 96.14 Oct 'Monday STOCK EXCHANGE " • ,.*9646 i 96.30 *96.30 97.12 ►101.4 101.8 *101.6 101.10 *101.6 : 101.10: •101.10 101.14 •101.10 101.14 *100.30 101.2 *100.28 101 *100.30 101.2 *101.2 101.6 •101.4 101.8 *100,20 100.22 *100.20 100.22 *100.21 *100.21 100.24 *100.21 100.24 •100.18 100.22 ♦100.18 .100.22 100-23 *100.20 <100.24 •100.20 100.24 •100.20 100.24 *100.16 100.20 *100.18 100.22 *100.16 100.20 *99.12 *99.18 *99.18 99.24 ♦99.16 100.20 *100.16 100.20 *90.8 99.14 •99.10 99.16 •99.8 '99.14 •99.10 99.16 *99.12 99.18 ♦99.18 99.24 ♦99.16 99.22 •100.11 100.13 •100.11 100.13 ♦100.12 100:14 *100.13 100.15 *100.13 100.15 100.13" *100.12 100.14 *100.13 100.15 ♦100.13 10015 ♦100.10 100.16 *100:12 100.18 *100.12 100.18 •100.16 *100.10 100.12 *100.11 ♦100.6 100.12 •iOO.lO 100.16 99.22 International Bank for' Reconstruction 93.4 Oct 20 92.12 Oct 22 Dec 9648 Aug . 98:10 Nov 98.10 Nov 17 90.16 Jun 17 .91.25 Apr 16 94 July 20 15 96 Nov 2 98 97.16 May 12 7 2 101 27 7 96.4 , 7 100.15 Dec Apr 9744 Feb 10 95 101 92 95 1 Dec Jun July 94.16 Jan 2 25-year 3s Development July 15 1972 — 4 25-year 3s 30-year 3 Vis Dec 1 23-year 3%s Oct 26 19-year 3 Vis 100.24 Nov 100.16 Nov 30 & 4 3-year 95 95.2 93.30 94 ♦93.24 96 96 .—Oct —May 15 1975 Oct 15 1971 3s__ 15-year Serial 95 1 1976 1 1981 ^_Mar Oct 1 3%s bonds 1956 ; < *97.24 98.16 *97.24 95.16 *95.4 95.20 94.16 ♦93.24 94.16 *93.24 94.16 *93.24 94.16 18,000 12,000 96 •95.24 96.8 *95.24 96.8 96.16 96.16 39,000 95.2 96 95.8 98.16 101 •100.16 101 ♦101 101.8 *101 101.8 101.16 1969 of 2s I *98 *100.24 *100.16 *100.16 ♦95 95.8 98.16 98.16 ♦98 98.16 *98 101.8 *100.24 101.8 ♦100.24 101.8 101.16 *101.8 101.16 *101.4 101.12 101 •100.24 101.8 *101 101.8 ♦99.16 100.8 due Feb 15 1954 •99.16 2s due Feb 15 1955 *98 99 *98 99 *98 99 *98 99 *98 99 2a due Feb 15 1956 *96.16 98.16 *96.16 98.16 *96.16 98.16 *96.16 98.16 *96.16 98.16 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 2s due Feb 15 1958 *94.16 96.16 *94.16 96.16 *94.16 96.16 *94.16 96.16 *94.16 2s due Feb 15 1959 *93.16 95.16 *93.16 95.16 *93.16 95.16 *93.16 95.16 ♦93,16 95.16 2s due Feb 15 1960 *92.16 94.16 *92.16 94.16 *92.16 94.16 *92.16 94.16 •92.16 94.16 2s due Feb 15 1961 *91 93 *91 93 *91 93 *91 93 *91 93 *89.16 91.16 *89.16 91.16 *89.16 91.16 *89.16 91.16 2s •Bid and asked price. No sales transacted this day a Odd lot transactions. -due Feb eOash sale, RANGE Friday BONDS Interest Period New York Stock Exchange Week's Range or Friday's Last Sale Price Bid & Asked New Ywrh r 15 1962 *89.16 FOR WEEK 3% Unification *99.16 91.16 ENDED JANUARY Range for Sold Year 1053 High No. Low High Brazil Issue— 29 99 }g 65 68 jg *99.16 100.8 96.16 Week's Range Interest 101 Vi Last Period New York Stock Exchange Sale Price or (continued)— 3%s series No. 18 3%s series No. 19 Year 1953 Low High 82 75% 82 No. 82 78% 76 V* *— 82 78 79 *79% 81% 74 y. 82 78% 78% 75 82 78% June-Dec June-Dec -June-Dec June-Dec : 3%s series No. 17 Range for Sold High *78% June-Dec 3%s series No. 15 Bonds Friday's Bid & Asked Low 3%s series No. 16 .June-Dec 100.8 15 BONDS City Corporate Stock 1980 *99.16 100.8 Friday Bonds ■ Transit 100.8 Registered bond transactions. , Low 7,000 1950 79 73% 80 81 83 VB 79 95 3%s series No. 20 June-Dec *92 3%s series No. 22 June-Dec 89 89 77 94 3%s series No. 23 June-Dec 80 80 74 80 3%s series No. 24 Foreign Securities June-Dec 3%s series No. 21 June-Dec 3%s series No. 25 : 3%s series No. 26—: >. Wertheim&Co. R Ector Members 120 2-2300 Government and Foreign New York Stock *92% 93% 92% 90% sink fd 3rd 7s ser 20-year 3s s f $ bonds 1978 Antwerp (City) external 5s 1958 Australia (Commonwealth) 5s 1955 1957_Ajiril-Ocf Jan-July Jan-July Feb-Aug June-Dec 20-year 20-year 15-year Belgium lABrazil 3Vis 1967 3 Vis 1966 3%s 1962.. (Kingdom of) (U S of) Stamped pursuant reduced AExternal 3.5% to s f „ to 1941 Plan A 65 70 s Stamped |A7s f 105 105 101 101 V* 237 100% 102% 100 100% 59 95% 100 % 100 100 V* 73 94% 100 97 % 91 Vb 98 79 88% 93 VB 55 88% to 3.375%) (Central Ry) Plan A 98 72 June-Dec 108 Vi 109 29 •85 'A 59% ♦90 VB — April-Ocf to External dollar bonds of 1979 *60 Aprll-Ocf June-Dec 1979 1944 *90 Vb — *93% — (Plan B) 3 55 __ 86 100% 100% 1 40% 44% 102% 103 Vb 13 99% 91% 103 y4 94% sinking fund assented sink fund 6s $ — 6 91% 95 VA 45 9 40% 44% *38% 62% assented 3s 1993— June-Dec 6y2s 1957 I assented AGuaranteed A 6s Chilean 1961 sinking assented Conso) 1961 ; 1 1 Municipal 7s I960., 38% *38% _ __ 204 59% 1 A7s AChinese assented 1960 (Hukuang Ry> - — *62% *38% 5s 1951— 38% *6% June-Dee 55 — __ 61% 89 66 93% 61% 2 58 63% 59 VB GO 3 58% 61 ya 79 79 VB 18 77% 12 77% 75 V* 76% 76% 1 74% 80 77% 77% 77% 1 74% 81 June-Dec 77 VB 77 VB 4 74% 7 June-Dec *85% 80 89 June-Dec 3%s series No. 4 -June-Dee 3%s series No. 5 3 Vis series No. 79 June-Dec 3 8— 9 June-Dec 3%s series No. 10 « June-Dec 3%s series No. June-Dec 3%s series No. 12. ; 3%s series No. 13. see page 1 27. :June -Dec 87% 93 —.- June-Dec -June-Dec 3%s series No. 14. 76% 93 2 85 97% *78 June-Dec 3%s series No. 11. 3 82 76 80% 75% 82% „ *78 55% 61% 35% 37 V* 6% 4y« *87 —— ; 76 — — 77- — 4 92 79 — 'i > <: -74 eg. inco FOREIGN SECURITIES SPECIALISTS , 81% 50 Broad SU New Telephone HAnover 2-0050 38% 59% 38% 38% si ya 87 y4 65% 33% / — 82 74 80% 87% 61% 34% — securities r.arl marks & 36% 58 FIRM TRADING MARKETS 80 June-Dec 3%s series No. 61% 34% 83% 77% , 1 2 58 ya 38% — For Financial Institutions foreign 38% 57% — ♦62% Mar-Sepf 32% 55% *'38% Mar-Sepf 38 y2 34% ' 92 — 61 % 33% — *62% May-Nov 38% 55% „ *62% 1962 59% 33 Vb *38 V2 1962 38% 55 % — *62% April-Oct April-Oct 61% 34% — *38% May-Nov fund 6s 58% — *62% June-Dec 6s 61% 38% — — *38% June-Dec 38% 55% 33% — *38% June-Dec 1957 61 Ys — *62% 37% 38% 55% 34% 62% 61% 33% — *38% 38 % 58% 38% 55% — 62% *62% Jane-Dec 55% 34 — *38% *62% May-Nov bonds Mortgage Bank 95% 94% 45 *62% ' . 1963 25 95 103% 94% 45 Jan-July 1961—Mar-Sept Mar-Sepf April-Ocf April-Ocf 1963 May-Nov 1962—. 103% 4 26 103 44 % 61% 3 — — 1961 , 44% 103 — 3%s series No. For footnotes 92 60 61 VB __ April-Oct 3%s series No. 3%s series No. 63% 86 Jan 1961 — (interest 1952 3.375%) 59% 59 assented A 6s 113 a 60 Feb fund 6%s 1961 A6%s assented 1961 AGuaranteed' sinking fund 95% 91 assented A6%8 97% 88 108% Feb-Aug 1961 r ' ' '88 102% 103 103 April-Oct 6s Feb A Sinking 97% Stamped pursuant to Plan A (interest , reduced to 3.5%) 1978 _June-Dec 5% funding bonds of 1931 due 1951 Stamped pursuant to Plan A (interest reduced Extl AChlle 97% 97% April-Oct 79 38% A 6s 100 1 1960 sinking fund assented AExternal 105 101 98 VB June-D'c 6Vis of 1927 due 1957- to 44% 101 y» 97 Vi 75% *62% A 6s 70% 40% interest 1978 6'/2 s of 1926 due 1657 pursuant reduced 65% 47 45 100 y4 Stamped pursuant to emu A (interest reduced to 3.375%) 1979 April-Ocf AExternal 71 *70 97% *78% sinking fund 6s Sept A6s assented Sept 1961 AExternal sinking fund 6s 1962 72 65 44% ; : AExternal 70% 68 >/2 *70 45 June-Dec 79% !_Feb-Aug A 6s 70% *70 June-Dec 1955-1 7s ' June-Dec 1 extl external 8» 70 71 assented A 6s 70 % 71 82 75% **31 ARy external sinking fund 6s Jan 1961__Jan-July 70 Vi 65 June-Dec . A6s AExternal 101 65 ♦70 June-Dec 10-year 3Vis 1956 10-year 3Vis 1957- 95 Vi 24 *70 71 76 82 (City) sinking fund 5s 1957 _lHar-Sepi Sinking fund gold 5s 1958 __Feb-Aug (Dept of) 30-yr 3s s f $ bonds 1978_Jan-J«Iy Canada (Dominion of) 3y4s 1961 —Jan-July 25-year 2%s 1974 Mar-S evt 25-year 2%s 1975 Mar-Sepf Cauca Val (Dept of) 30-yr 3s s f $ bds 1978_Jan-J«fy lAChile (Republic) external s f 7s 1942 May-Noe 5 A 7s assented 1942 May-jVo» AExternal sinking fund 6s 1960 * April-Oct 92 100 >/2 100 % 7s ser C 1646—Jan-July SAExternal sinking fund 7s ser D 1945—Jtxn-Jmy A External sinking fund 7s 1st ser 1957_April-Ocf AExternal sec sink fd 7s 2nd ser 1957_April-Oct sec 1-1693 *92% SAExternal sinking fund AExternal NY Municipal SAExternal sinking fund 7s ser B 1945—Jan-July 87 82 Caldas Broadway, New York Agricultural Mortgage Bank (Columbia)— § AGuaranteed sinking furnd 6s 1947 Feb -Aug S A Guaranteed sinking fund 6s 1948 April-Oct Akershua (Kingdom of Norway) 4s 1968—MarS^g iAAntioquia (Dept) collateral 7s A 1945 Jan-July 78 *78 •' ii zi- Brisbane T oletypo Exchange 77% June-Dec =- 3%s series No. 30 80 76 V* • 82 76% 82 *78 June-Dee June-Dec 3%s series No. 27_: 3%s series No. 29 l *80 *78%- -June-Dec ; 78 *81 June-Dec : 3%s series No. 28J Tola phono 80 York 4, N. Y. Teletype NY 1-971 8 24 (224) The Commercial and Financial Chronicle... Monday, January 18, 1954 NEW YORK BOND RECORD RANGE Week's Friday Interest East Period BONDS Sale Price New York Stock Exchange or (Republic of)— L6s of A6s of 1928 1927 Year 1953 No. Low 105 54% 53% 61 103% 98% 1 100 49% assented (interest extended to 1960 6%) 54% lARome 62 8ASao 63% 93 100'% 100% 12 90% 12 88'A 100% 113 113% 44% 1 37'A 113% 182 111% 117 11 41% 29% 42 "37% El Salvador 4s extl "993i dollar f dollar bonds Jan 3s extl f dollar s %s 5 loan dollar 3s German 7s loan 7s loan 1924 6%s due 65% 58% 1 55 58% 15 2 10% 16% 15 12 74 55 281 63 A 68 230 53% 45 55 260 CO CO nN Of- 82'% 89% 410 .April-Oct -June-Dec 1954 1950 extended 80% 76% 379 part paid 1964. A6s part paid 1 149% "99% 100% 96 Helsingfors Italian (City) 98% — 98% a 93 10 30-year ext Italian 8 A 7s 25% 27% 187 26% 24% 26% 214 1960 April-Oct !_—Jan-June Consortium ext series Italian 6'/2s f s B 3s for Public Jan-June _ __ J947___ Mar-Sept — Utility Institute— gtd ext s f 3s 1977__— jAltaly (Kingdom of) 7s due 52% 1 98% 20% 8% 93 — 517% 90 53% 52% 53% "92 __ 19% 98 44 A5 '/2S 5'/2s extl due loan 1965 AJugoslavia Fcb-Aug 1965 54% 42'A — 94% 93 Mtge 7s 129 80'%, 81% 22 25 67 "129 "69 June-Dec Jan-July 44'% — 145'/a 77% 57 25 107 — -- 44% 89 128 64 % 10'A 18 67 assented (1942 agreem'L) ASniall' 1968 Mexico (Republic 1 A5s of 1899 1968—Jan-July A5s A . of A4s ngreem't) 1945.-Quar-Jan agree'I.) 1963-Jan-J?tly A4s 1922 1954 assented 1910 new (1942 agree't) (assenLed to 1968—Jan-July 1922 agreement) 8 A Small A6s new 1913 (assented 1933 assented (1942 agree't) Geraes ASesured (Stale) extl Stamped sinking to ex'l Stamped 16% Netherlands .April-Oct fund to 612s Plan A 1958—Mar-Sept Mar-Sept 1959__Mar-Sept sinking-fund 6%s to to Plan 2,125 %) (Kingdom A 6s of) 3%s 1957 ~9% 15% _9% 15% "15-% due 68 Municipal Bank extl sink fund 5s Feb-Aug 16'A 17'% 16% . 17'A; "9% "8% 38 loan (30-yr) l970__Ju?ie-Dec 6s due 1953 "17% extl loan due 1958 Mar-Sept May-Nop (30-yr) 1958 extended to 1968 15% 10 16% 14"% 14'A — 18% 18'A 18% "92 __ loan "53 -- "33 "53 -- reduced Lo 2.125%) (Republic loan ANal loan IAPoland of) extl extl external f s s 2008 6s [ 6s (Republic of) assented 1st 7s 18% 19% 52 53% 34 36% 52 54 31% —■ 36% — . "101'% 101% "101 35 __ . -- 99% 21 "99% 100% 99 99 "101% 102% 102 99 % 101% 102% 99% ~4. 102 95% 99 100% 102 % 115% — "129 131 2nd series gold 6s 78 70% (Interest 1966 reduced stamped to pursuant to Plan reduced Grande to do external Stamped reduced 1961 to Dye Mtg of to 2%) loan 4.80s 1961—April-Oct 56% 56'A 56% 6 48% pursuant to footnotes to A due — — — — 10% 9% 9% 16 9% 17 10% 13 — 13 "9% 11% 72% 55% 4 64% 59 54 119 2 80% 129 79% 73 49 49 8 — 134% 134% "161 "120'/a 69% 148% __ 95 — 136% 81% 161 100 164% 164% 148 — 148 83% 92 "88 % 92 83 89% "91'/a 94% 82 97 91 98% 64'A 82 91 91 May-Nov 91% 96% 1978—Fcb-Aug Jan-July "70 Feb-Aug 27 97 6 "13 81% — ; - of) 8 8% 8 8% 5% 22 "77% June-Dee 3'As AND 1967— 14'A 10% debentures 2s 3%s "100 '/a — 66% 100 — 78% ~9 95 % 99 % 104% 104% 102'% 102% 104% 105% 94% 47 9 7'A 104% 95 3A 98% 70'A 99% "98 96 43 74 "71 Mar-Sepf 101'/a 101 103Vi 103 % "101 99% April-Oct 1956 77 Vi 130 INDUSTRIAL COMPANIES May-No?, 1978 111 "129 june-D<Jc ; 28 97% 99'/a 80 103'A Ltd— 1D64_. 102% Fcb-Aug "104% May-Nov "94% Junc-Dvc 1966 debentures 95 % 43 87'A 94% 89% 44 80% 89 79 108% Jan-July 2%s debentures June-Dec 1963 1965 P W Atchison Nitrate General First Atl 4s & 5s July 1 89 4 119 120 120% 33 6,559 100% 101'% 99% 100 99 98% "96 June-Dec 101 April-Ocf V "80% Quar-Jan April-Oct 19C2 99% 92% 95% 114% 123 116 125 116% 119% 94 96 101% 42 95 100% 14 95% 101% Vis C — — 5 "100% 101% -- 90'A 98 77 — 80 — 97% 96 101'A 83% 92 101% Fe— 117 May-Nov Line 23 106 120 % 4 100% 112% 5 99% 103% A 103% 101 106'/a 101 22 101'/a 101% 33 97 102% Jan-July Jan-July 19G6 106'A 106% Mar-Sept 1980 1972 Refining 2s,is debentures 101 fune-Dcc 1964 ser 117% 111% 112 — Ry— May-No?; A mortgage 4%s-4s 96% 101 79% Mar-Sepf 1963 mtge 4%s ser 8 119 120% 119% 120% 1995- Air Gen Atlantic 76 119 April-Oct July RR 96% 95% 99% 1966 Santa Charlotte Line 97% 104% 101 % 1995 3%s debs mortgage 3%s Coast 38 120% 1995 4s Stamped Atlanta 96% Feb-Aug 4s Investment & 93% 104 % 105'/a Corp— gold Topeka 84% June-Dec 1977 Products Co Associates 84% 4 1962—April-Oct debentures 3s 116% 39 April-Oef Co 92% 9,3 % 94% 93 Jan-July 19G9 first 112% 113% 105% Mar-Sept 1st mortgage 4s (reg only) I960 Anheuser-Busch lnc-3%s debs-1977 Arbor % 93% Feb-Aug 1964 debentures 93 Vi J?me-Dec - debentures debs 113% lnne-Dec-"* — 1971 Tobacco 89% April-Oct 1961 1982 1973 Ann 69 84% 89 debentures Anglo-Lautaro 61% 33 94% 8%s 3%s 343 94% Jan-Juue 1987 conv 64 % April-Oct debentures debentures 86% 94 debentures 3%s 76'A 93% 2%s 3s 37 Co.— 1975 debs 79 Vi 63 1907 1986 conv 94'A 100 77% 93% debentures conv 100 79% 64 debentures conv 86 — 100 105 Feb-A??p 2%s American "96 100'A — 1980 Telephone &, Telegraph Baltimore First 5 2 12 7 -- & Ohio 103'/a 103'/a 1 99% 104'A 5 93% 97% 15 86% 32 92 96'/a 96% 94 94V2 108 V. 11 11% 5% A July series B 1975 (4% and 3% G contingent interest) due Dec 1 Ref and fixed 14% due 99% " 99 % 100 96% 102 (2% — June-Dec 76 % 75% 76% 2000 Mar-Sept 76 % 75% 76 % 5 72% 85 1 Mar-Sept 76% 75% 76'A 19 72% 85 June-Dec 95 1995 Series K due March M ■ 1.. 1975.April-Oct Refunding and general mortgage 5% Series — 94% April-Oct fixed 1% contingent interest) July fixed — , mortgage 4s series and Series 6'A RR— First mortgage 1 March 1996 112 72% 85 general mortgage 6% (2%% and 3%% contingent interest)— Series J 5% 11% 8 14 A4%s convertible 6% 11% Pittsburgh Lake Erie due Dec Refunding 1 1995 income Feb series'1 A 4s 1 West & 2010 88 86 % 88 64 83 May 69% 6 7'A 69'/a 219 64 75% May-Nop <94% 94'/a 94% 10 86 96% 39 79 88% Virginia-— 1980^ 1 B'western Jan-July "38 37% T* A Jan-July "37% 56% 56% 40 56% 36% ~1 55 58% First lien 38 Bangor 1st 33% & and Aroostook mtge 4%s — 33% "49 33% 38 Bell — 48 51 Beneficial Loan 31% 13 29 34% Bethlehem 67% 68% Conscl (interest 31% 31% April-Oct (interest June-Dec — "67 — — Telephone — — — "44% "56 ~ — 48% Borden 53 56% Boston First "56% Pa 5s series Loan Corp 4'As C 2%s 1960 debs debs 1973 mortgage 2%s series J 1976 mortgage 3s series K 1979 (The) Co 2%s debs 1981 & — — — "37 42 1 Jan-July 5 757a 91 91 1 86'/a 1 86% 93% 107% 108 V'a 20 107 94 Va 1 91 95% 106'A 106'/a 20 104 1043A 97% 108% April-Oef 94'/a 1961.May-Nov 106'A Mar-Sepf 111% Steel Maine 97% 10 88 95% 96% 14 913A 98% 98% 98% 11 92 98% 97% 97% 4 91 77% 78 3 77 76% 76% 1 71 70% 71'A 57 56% 57 Jan-July May-Nop Jan-July Mar-Sept 97% 96 100% 98 RR— mortgage 5s series AC 34% 37% 1985 1976 38 First mortgage 5s series II 5 6'A 57% First mortgage 4%s First "36% ~ (interest June-Dec D Corp— Consol mortgage 2%s series I 1970 43% 83 82'A Jan-July series Consol (interest May -Nov of 4s RR— Industrial 1 M conv — 33% 82% 00 to 83 division— ref Beneficial Feb-Aug 1966 riiv first mortgage 5% ser A (3%% fixed & l'/2% conting hit) 1980.Jan-J??ly 38 Toledo-Cincinnati 27. 70% 121 June-Dec 1978 3 Vis debs 2%s —— A April-Oct PlanlA 2004.1 page 36 "8% June-Dec 1926 2.25%) see Plan 60 — 1971 Canada debentures 56'/. "32% April-Oct Feb-Aug A 80% Corp 3%s s f debs 1964..May-No?; Foreign Power deb 5s 2030 Mar-Sept junior American 56% April-Oct 1946 134% Bosch • 38 2012 of 54 — 1921 99 %" 117 -May-Nov America of & 56% sinking fund gold 1968 to external reduced of pursuant reduced Stamped loan 52 48% 2012 (State of) pursuant to Plan to 2.5%) 1999 external Stamped 2% ) Sul 99% — 31 reduced to 2.375%) 2001 IA External secured 6 Vis 1953 Stamped pursuant, to Plan A "50 48% April-Oct (interest A "100% 72% 100'% 5 Plan ~2" v 120 63 22 (interest reduced to 2.25%) 2006 lARlo de Janeiro (City of) 8s 1946 Stamped 79 105 1 56% 2001 to 69 1 56% Plan 2.375%) pursuant 30 55% Jan-July to 70% 56 % 1963 (City of) — islamped pursuant 78 56'A Alegre 1961 __ — 1950..Jan-July assented 77'% 118% 118% 56% 1940 71% Feb-Aug Gen Mar-Sept Mar-Sept April-Oct lAStabilization loan sink fund 7s 1947—April-Oct A4'/2s assenLed 1968 April-Oct SAExternal sinking fund gold 8s A4'/2s & American A 100 101% 100% 101 __ 1958 A4'/is 1937) 1979 Southern American 92% I960—June-Dec 1959 series 16 11% — '26 of Great Co 16% 75 — "33 Oslo ANat 1964 readjustments 1961 extended Co 16% 17% —— - , May-No?; (City) sinking fund 4'/2s 1955 April-Oct lAPernambuco (State of) 7s 1947 Mar-Sept Stamped pursuant to Plan A (interest 88% 6% 94%. 106% 55% 104% 2%s "17% — Mar-Sept to 1963 extended A5'/2S 27 Feb-A?tg 1958 of) Chemical 3%s April-Oct 1953 68 68 103% "9% Development Co Ltd— extl , "121% Alabama Power first mortgage 3%s 1972 Jan-July Albany & Susquehanna RR 4'/2s 1975 April-Oct Allegheny Corp debs 5s ser A 1962 May-No?; Alleghany & Western 1st gtd 4s 1998 ——April-Oef SVis Mar-Sept April-Oct . 103 May-No\ May-Nov 1979 2%s debentures May-Now (Kingdom of) 4'/2s 1956 sinking fund 4lis 1965 sinking fund external loan 1963 3%s sinking fund external 1957 8A6s 1946 8s 1960 readjustment conversion (City extl 2%s Mar-Sept 4s For 17% (interest 2008— External A78 I8 16% (interest 2003 Norway Oriental ~5 16% "16% _ 1952 2.125%) pursuant reduced IA 8s A6s — pursuant reduced ASecured 6%s -2- . Mar-Sept 1955 to external fund 1 rt CD 1963_Jan-Ju!u ; of) 100 % 100% Mar-Sept — (City 80 8% ■ "118 June-Dec of A4',is assented Yokohama Jan-July ASinall lAMilan ~2 87% 11% "55 Vi 3Vis external readjustment 1984 Valle Del Cat icq See Cauca Valley (Dept AWarfiaw (City) external 7s 1958 1922 to 100% June-Dec debentures 1970 American Airlines 3s debentures -- (is of 16% 87 on fund 6s (dollar bond External 1 l963_Jan-July 9% 73 127% 143% Jan-July 1952 sinking External agree¬ (1942 agree'!,) 121 Aprll-Ocf 3%-4'/ii-4,r;.s external conversion Jan-July assented lATreasury A6s AExternal June-Dec : 19% "9% Jan-July „ 3%s agree't) ASmail Bio '12 extended sinking Allis-Chalmers I "16% to 1957 1945 (Republic) Aluminum " (assented 16% I 1 1904 of 9% ■ (1942 9% "13 Jan-July ! 1 I ment) 1945 § ASinall 7%s 1945 Aluminum assenLed new IA4s 9'/a ~9% T' Large due Forto due — 1 (1922 ASinall A4s "8% 10 , Quar-Jan . 56% Ltd— 1963 mtge s f . assented new "9% 1 89 "143 Allied ~9% , , 1945 § A Large gASmall APeru 1st Alabama "9% 81 19% June-Dec RAILROAD ol)— due § A Large gASmall IA 5s 5j/2S to AExternal 70% (1922 agreement) 1943—May-No?; small 1943———— §A4'/2S 68 75 Electric Power Co Ltd— lAUruguay 44% IA4V2S assented Mlnas 3%s Co Irrigation— ANew 58% 72% June-Dec 1958— 1952 coupon 1 1953 extended 8A7s 81 41% — 4 . 1962 7s f 1971 4-4'%-4 Vis external 21 81 (Colombia) 6'/2S 1954 30-year 3s s l $ bonds 1978 8b 8s 92 78 2 1957—Anril-Oct 1975 to Bank) 1 18% 19% June-Dec Mar-Sept 91% 3 88 59 18% April-Oct 54% 94% 87'% 79 72% 19 —May-Nov extended to 1981 3%-4-4%s 80 145'% 145% 87% 73 78 — June-Dec sterling loan of UJfgawa 89 43 116 53% "92 —May-Nov May-Nov AMedellin Mexican 52% , Feb-Aug 1964 to extended (State June-Dec l.?54 '30 of 52% Jan-July 1962 Tokyo Electric Light Co Ltd— SA6s 1st mtge $ ser 1953 53 76% 35 __ 93 60% Co Ltd— external § A With March 7s 53'% - —Aprll-Ocf 8 A5s 154% — extended 1954 -Jan-June 1951— Japanese (Imperial Govl) A6%s extl loan of '24 6%s 1971 59 Jan-July* (City of)— A5Vis extl loan of '27 1961— 8Vis due 1961 extended to 1971 Public 30-yr § AExternal 7s 1952__—— \ "94 -- due 3 (Interest 1958 s 72% — May-Nov external Council (40-yr) 72% Jan-July A 1962 Electric Power 161% Works 1977 of) County — f 3s 1977 s Credit 30-yr gtd 27% Fcb-Aug external (Republic) (Prov assented A5Vis 100 138 % .May-No?; I960-, secured B 79 (interest I968<-__ Plan to 1 Mar-Sepf A 200fc_ loan 72% — Jan -July Plan 57 , Tokyo "155% Jan-July dollar pursuant 72% 49 84 . 69 63 -- 58% 69 (interest — Greek Government— A7s Jan-July __Jan-July 92 76 49% 53% \ 37 75 — May-Nop A High 75 60% A 1956 to 2.25%) series 5 Vis 31% 162% 162% Feb-Aup ^—,——Jan-July 1960__ to to Sydney — — 92% (interest 1999 loan Taiwan Feb-Aag 1944— 1950 2.5%) water external A4 Vis — - to mtge May-Nop 1957—May-Nov A Plan to secured ASllesia 67% to external A8s 92 Vi of)— 8A6Vis 1st mtge s f 1952 8%s due 1952 extended to Power— series Plan reduced to 2%) 2012 Serbs Croats & Slovenes (Kingdom)— ; 35% 92% (interest 2012 Shinyetsu Electric Power 434 — - (Young loan) 1965 Elec gen 69% 45 June-Dec loan) to pursuant Stamped -A7s April-Oct — A sinking fund 2%) (State Stamped 82'A 62 58 V2 April-Oct extended & 82 5 65 Jan-July 1976 Dawes 2001 to reduced 85% 65 Jem-July 1 —— due mtge 1st 101% 1930— 1949 1944 A ser |A6%s "82'% 1972—v———-——June-Dec 1930 1st 91% of)— 1969 of Consolidated §A7s 4 Jan-July 1972 1980 bonds bonds 45 100'% 100% 1976—-J an-July 1 1967 Govt International 5'/2.s Great loan (extl gold German 100% 101% 1924 bonds dollar 1976 1 Jan 7s bonds bonds International 5s of) Republic of dollar dollar Jan bonds (Republic (Federal External 3s bonds 2.375%) to external A6s f s German 101% Low June-Dec 1936 stamped pursuant to Plan (Interest reduced to 2.5%) 1999 A7s Year 1953 No. — reduced 102 100 Range for Sold May-Nov Plan Stamped pursuant of)— s 3V2S extl AEstonia 100 100 % ———— (Republic 40 Bo-nds High A 8 A 8s external 1950 to April-Oct (Kingdom of) extl 5'/2S 1955—__Feb-A?tg External gold 4'/2s 1962 » April-Oct Bonds Paulo Range Friday's or Bid & Asked (Continued) April-Oct to pursuant reduced San of) (City ol) 6%s 1952 (City) 8s 1952 Stamped pursuant 44% 45 Sale Price Paulo 45 44 Vi (State A6%s extl secured 8s 45 Sul pursuant to PJan reduced to 2.25%) 2004 reduced 101 100% 100% 44 Vi Last Period stamped Stamped 93 100 % 100'/4 Week's Interest Exchange- Low do (interest 62 Denmark Called iu67 .• 62 ' Jan-July reduced Stamped Grande ' „ Friday BONDS High 98% __ 105 15 New York Stock Cundinaniarca (Dept of) — 30-year 3s sinking fund $ bonds 1978 Czechoslovakia (State)— JANUARY Rio Juu.'J^lylr 1970—._Apr?j-Qet 3s ext sinking fund dollar bonds lAColombia Mortgage Bank 6'/2S 1947_.—April-Oct SASinking fund 7s of 1926 due 1946 May-Nov jfASinking fund 7s of 1927 due 1947 Feb-Aug 5ACopenhagen (City) 5s 1952_ June-Dec 25-year gold 4'/as 1953 May-Nov SACosta Rica (Republic of) 7s 1951 May -Nov Cuba (Republic of) 4'/as external 1977 June-Dec ENDED Range for Sold High April-Oct 1961 Jan WEEK . A 1961 Oct Bonds Bid & Asked Low Colombia FOR Range Friday's mortgage 4s 33% 38% AInc mortgage 4'/2s series series series 1967 1955 JJ RR A 1961 1960 Mar-Sepf 99 May-Nov April-Oct Jan-July July 1970. May-Nop . 82% 101 73% 77 54 70 77% 23 55 62% .*KI" ■ i)-.k Volume 179 Number 5291.. ■•I'n' .'A'. V't 1(1 -i""' 'Wj. The Commercial and Financial Chronicle . (225) 25 NEW YORK BOND RECORD RANGE Friday BONDS New York Stock Interest Exchange Period Sale Price or Friday's General 1st 2%s mortgage mortgage 3s 1976 "93y4 1971 " II Jan-July Niagara Elec first mtge 23/4S 1975_May-Nov Rochester & Pittsburgh Ry— Stamped modified 472s 1957 May-Nov Buffalo Bush A5s income mtge 96 7a • — r — 997a 1047a 837a 967a "100 103 99 «—. 95 y2 £5 y2 86% 39 - Electric Power 1982 first 3s 1976 gold Guaranteed gold Guaranteed Canadian 4% 96% 4s Carolina Clinchfield 103 y4 103% 103 y2 5 103 105 Continental 76% — Case I) (J 37as Co- -3fen debentures Corp 3V4s debs 106% 107 106% 106 y4 .irm/a * 1 Feb-Auy —Feb-Aup 98 98 June-Dec 2020 ■ 85'/4 1st & rel 1968 "97 Feb-Aug 1965_ Jan-July First mortgage 1 A Chicago Rock Island 1st mtge 2%s Jan 991/4 coil trust B 105 Cincinnati First Union I 6 Service Co 3s 99 8 89 7a 997a 99 74 104'/a 105 95 90 "93'/a 5 I~ 83 % 38 77 1033/4 11 71 81 ~5 78% 95 72 857a 617a 727a 76 " 76 16 64% 65 6 5S% 59% 10 58 71 101 y4101 y4 65 1 99 102 4 92 7a April 1999—April 68 65% 68 66 65 54% 55% 75 523/4 "91% 2:,/4s __ 96% "69% 1963 Jan-July 101% Jan-July 993/4 1982 10 19 957a 933/4 4 1017a 10674 11 897a 937a 95% 957a Feb-Aug 10174 "102 "94 Jau-July —Ja/t-July 98'/2 105y494% Refunding and impt 4'/2S series* E 1977 First mortgage Sliort, Colorado Fuel 43/4s Gas System 3s debentures series debentures & South Ohio Toledo Columbus & First first Edison sinking 1981 23/4s s 2%s s f Coniv River Power (now 98 7« 97 100% Feb-Aug 1999 99V4 1965 refund mtge 2%s ser B C ser 1972 refund mtge 3s series E First and refund mlge 3s ser 1st & ref M 3%s 1st & ref M ser 37as convertible Gas seiies El 1st ref M 2%s ser ref mtge f 1st ref M conv For s Lt T 3%s debs footnotes U 23/4s ser Y "102% 88 104 - mortgage - 1963 mortgage 3%s Power J976 Tenn ser 1986 Paso Va. & 80 80 87% 99 9174 98 95 94% 94% "88 1 957a 102% 21 100% 1003/4 94 Jan-July 1982 993/4 10174 May-Sept Mar-Sept May-Nov 937a 94 86% 94% 94 99% 993/4 1 937a "92% 1007a 927a 10 94 947a 35 100 3/4 102 857a 1007a 9474 90 3/4 9474 953/4 U 100% 107 1147a 1147a 110% ~4 1067/a 107 2 520 1213% 111% 1477a 10974 1117a "68 75 "68 75 1037a 73 Jan-July 973/4 12 993/4 168 957a 9 "927a 93 7i 91 95 92 "997a Mar-Sepf 967/a 93% 1033/a 104 3/a Feb-Auy Mar-Seuf 84 76 947a 104 3/8 Feb-Auy April-Ocf 71 1047a 100 74 103% 1037a "83 May-Nou 1982 1127a 71 May-Nov 1976-Mar-Sept ^ 1043/4 68 June-Dec 1961 91 1043% 104 3/4 1067/a June-Dec 1995 — 1983 Southwestern stamped — 943/8 109 95% 88 93 / 1023/4 — — 92 103 — — 104 first 5s 1965 98% 109 April-Oct 1905 2 105% 142 * 103 2 97 1 98% " 104 109% 105% 1097* 109 1087a April-Oct Co— 1033/4 134 104 "142 ~ . Ml.ge inc 4 72s 2015 April 75 First consol mortgage 3 74s series E 1964_Aprll-Ocf consol mtge 3 7os series F 1990 Jau-July consol 3 7os mtge Ohio Division first series G 7274 "94 7574 ' 82% mortgage 374s 1971—Mar-Sept "94 81% 943/4 — -- 82 7a 93% 10 82% 83% 76 _ 943/4 767a 97 "83 7a 2000—. J an-July 70 75 /' 99 F Firestone 2%s Tire & Rubber debentures 3 74« 1977 (Florida East Coast Fort debs 1961 .May-Nov Jan-July 1 first 102 472s 1959 1974—Mar-Sept Denver & 43/as 96% U 4 89 June-Dec morLgage 1007a 102 "10174 96% 94 947a 11 100% 10174 May-Nov refunding 5s series A and Worth 1st 3s 1972___ debentures — 967% 10074 — 1013/4 957a 1023/4 102 83 74 '983/4 10074 103 104% Co— Ry 1982 "101 May-Nov — — 4s Corp debentures debentures General Motors General* Realty Great A4s conv <B F) 1961 debentures 100 General 4%s 94 General mortgage General 5s series C 1973 99 1053/4 General 98% 101% 97 10374 90 97% 9274 6 series 100% 102% First 927a 1 __ „ — 91% 1 refunding 4s series B 90% 99% Collateral 993% Gulf States 97% First 913/i 3s 817/a 92% First mortgage 2%s First mortgage 23/4s 104% 90% 93% 84% 91% trust 83/4S mortgage debentures 953/4 10 91 95% 99 99% 48 93% 993/4 30 96 3/8 1 97'% 15 89 7a 997a 11 9 2 3/a 102% 95 105 96 7a 1043/4 100% 101 103 y4 6 46 June-Dec 169 168 100 & 100 & 100 h 169 99% 93 6 140 169 2 1007a 102% "94 mortgage mtge 79 197s . 90 85% 763/4 91% ' 96% 7374 75 197a 25 12 33/ns "897a "100 1027a 37 963/4 2274 83 7a 89% 1047a 101% 91% 95 102 72 4 82 *" 76 75 76 29 977a "983/4 10074 92 90% 92 97% 8474 — "857a April-Oct Jau-July 1975 1980 1981 97% June-Dec ; June-Dec 104% —May-Nop 1982' 33/as 101 "963/4 1969 mortgage 95 "707a Jan-July 1st 1978 3s 1st mortgage 3 7«s 773/4 76 69 3/4 _4 76 1976—May-Nov jagg 2%s 99 June-Dee 1983— 10074 83% B 85 116% 112% 89% 80 91 85 "73 mtge inc 5s series A July 2015 Utilities 1087a 102 3 164 897a "86 85 and 101% 100% 97% 99% RR— 82 74 __ V 89 1972 Ohio 86 41 __ 93 1 '111 1990_'__Jau-July N 10272 certificates & 103 95 97 98 74 1163/4 1163/4 Jan-July scries 3 7oS series O 2000—..Jan-July 90 993/a 9874 1975——Jan-July —April refunding 33/4s series D 1969.April-Oct mtge inc 4s series B Jan 2044 April General *' "94 Feb Mobile 10174 91 104 711 .Jan-July T DH976 3%s mortgage First and 100 93 74 102 7a 2 __ Gulf 1047a Mar-Sept mortgage 23/4s series P 1982 Jan-July 2%s series Q 2010: Jan-July General mortgage 274S series H 1961—Jan-July AGreen Bay & West debentures ctt's A. Feb 97 91 __ 103 7a 1013/a 10274 104% 101 303 10474 mortgage A Debenture 98 105 103% 104 102 1965—May-Nov General 947a 4 — Jau-July 1969 first mtge 23/4s Co 1027a 78 Mar-Sept 104 Ry Co- 93 - "104 Jan-July ..Jan-July Corp 374s debs 1979 Utilities Corp— income Northern 1976—.: & 957a 5 98% 3%s debs 1958 927a. „ G 1 Foods 1 4 105% 105'/4 Feb-Aug Jan A ser First Goodrich 92% 103 94 102% 99 June-Dec H Hackensack Valley Houston 3 y4s "907a first Water mtge 2%s 1576—Mar-Sept first. 472s 1999Jan-July Household Finance Corp 23/4s 1970 .Jan-Jnly 3%s debentures 1958 Mar-Sept 4 7as debentures 1968 Mar-Sepf Hocking 116 Ry 86% 917a 1167a 37 106 89 »93 90 117% 953/4 1037a 1037a 2 1037a 1047a 105% 105% 105% 15 107 107 157 153 16 121% 160 Lighting & Power Co— conv Hudson Coal Hudson & AAdjusted June-Dec 1967 debs first sink fund Manhattan income first 5s Feb A 3577a 105 90 89 90 10 83 50% 50% 52 89 4974 643/4 1772 1774 18 42 16% 317/a 1962.Juue.TDec 1957 A Feb-Aug April-Oct 5s ser 5s 1957 I (Bait)— Illinois First "94% 101 89 "96% 100% /an-July "93 »/4 June-Dec 27. 90 80 99 & Railroad 793/4 96% Mar-Sept June-Dec page 101% 99 Georgia div first 5s 1956_May-Nou (N Y) first cons gold 5s 1995_Jan-July Juliet & Eastern Ry >3%s 1970— f_Mqr-Sept 93 96 % 100!4 April-Oct X 1983 102% 87 80 El 111 69 95% 997a Jau-July 1981 lOOv 95 5 E East 3 1 April-Oct 1954 & 101 94 1013/4 102 "827a 1979_Jan-July Mar-Sepl 1982 3%s 1st 617a 913/4 Feb-Aug 1983— I 1967 see debs Bait City— of ser 1st 3J/4s 997a 92% 197S_Jan-JuIy 1981 May-Nov H 1982 General mortgage 4'/a» 27/0s F —May-Wop 1981 debentures Consolidated Gas Co M 11 93 1003/4 100% "90 1972_Jwne-Dec ref ~ "993/a 1977. April-Ocl 1st 97 91% and Consolidated 97% "91% First mtge 2%s * 98 3/8 —— "94 89 June-Dec 4s debentures 2.35s subordinate 6974 68 63% Mar-Sept 1982 refunding 3s series D 85% 98 91 Feb-Aug gold 1995— 4s Chemical 88 72% 63 April-Oct A 1st & ref M 3>/4s Ser G gold York— ser 3s 71 "967a Feb-Aug mlge 2%s refund Dow 1st and — "99% 1007a Jan-July Duquesnc Light Co 2%s 1977 1st mortgage 2%s 1979 1st mortgage 2%s 1980J 1st 1961 refund and 78 100 5 . April-Oct April-Oct ..April-Oct and First and 87 83 14 __ 84 1958 99 1017z 10iy2 June-Dee First 957a 88 % 1969— lien 96 "967a 1970—May-Sept 1955—Feb-Aug First First wi 1 ' , New or 94% "93% General Motors Acceptance Corp— ' 3%% ) Edison debentures Mack, first General Cigar Cor))— Debentures Consolidated 34 83% 1988 96 7a 100'/4 100'/4 Feb-Aug A 34% 24 "9874 100 1013/4 May-Nou M 96 "104 7a • 3:,/4s series series 92 97 April-Oct debentures 2001 Consolidated 37/uS debs conv & General debentures f debentures 1999 mtge 10 Co— fund 253/4 26 "1007a 1027a ~— June-Dec I 98% 101% 102 April-Oct • 4s 27% ,35- 26 1 86 1970 23/4s series 1047a 95 June-Dec 3'/4s refund 86 7a 97 June-Dec Elec "24% 13 89 April 92% 95 1975 Compania Salitrera—See Anglo-Luutaro Nitrate ref General external 26 (472% 1003/4 June-Dec 1977 263/4 26 91% ser 2 "90% jaw-July mortgage 3s series I. 1977 mortgage 3s series N 1978 First 3s B C ser 26% "937a May-Nov 54 95 Mar-Sepf 1975 A 2174 71 1985 61 94% Inc— series Columbus 63% 198(i._, debentures Common wealth 12V2 Corp— 1966-1 3s 33/«s Jan-July J970 gtd 4'/2s 95% __ . May-Nov 98'/a 98% June-Dec first 40 4 21 85 2042 104% 105 y4 "101 19'JO.May-Nop 1985 3%s 103% Iron debs conv Columbia 84 DP) I..Jan-J uly 1982 Line & 3174 Lake— convertible 37/aS June-Dee June-Dee 3s -- 97 47 33% 20 101% 91 90 Detroit Terminal & Tunnel 4 72s 19G1 Detroit Tol & Ironton RR 23/4s ser B Ry— . Illuminating 33% 103% 967a 6 — 76 ref Second 963/4 86 95 84 Cleveland & Detroit 95% 105% 106 95% 81% 3s 100 __ 101 % 101 % Western RR— 100 Feb-Aug ,—April-Oct General gold 4s 1993 General 53 series B 1993.' 2:,/4s 1 100 "7472 Light 3s 3s series If and & Gen 103y8 31 98 Electric 93% 100 "8974 mtge 23/4s ser J 1985 Gen & ref 3%s ser K 1976 78% 99% 987/8 98 mortgage mortgage Gen 78 101% 1017a June-Dee First 1% Erie 70 67 4s debentures 1961 Cleveland Cincinnati Chic & St Louis First 5 100 20 May mortgage (3% fixed contingent interest) 1993 A First 1st 4s 106% 10 1973—May-Nov A tr 5s ser Rio Grande Detroit Edison 967a 91 May-Nov 1969 trust 4s 96% 10374 Income El Co— 1977 Div & Denver & Salt 777a 663/4 72 66% Jan-July coll 89% 3 „ City Investing Co first C 1 mortgage series A contingent interest 2018 Elgin 88 3/a — 93J/a Wab & Mich series due 1993 Income 64 . 26 Div mortgage series A (3% fixed 1% contingent interest) 1993 52% 155 132 First 71 55'/a 93 % St Louis Division M 5s Wetesrn trust 4-6s May Power General 1963 debentures & mortgage and coll trust 27/es mtge & coll trust 23/4s 1980 1st 677a 54% 13% division 80 3/4 551/2 "72 mtge 2%s 1975-Aprii-Oct debs and refund & 1st 98 % 551/2 Jan-July May-Nov 1963 First First A Lackawanna mtge & coll tr 472s 5s J 978 r York Denver & 99 3/a 98 % June-Dec Cleveland 117 110 80% extended 4s B 1985 May-Nov 1973 April-Oct First morLgage and coll trust 37»s 1977-June-Dec 84 3/4 "117 __ 10674 973/4 107 , 26% April-Oct 1977 mtge & coll 3s 75 103% ' — 82% —— Feb-Aug June-Deo debentures. 1965 Hudson 1st 96 7a 74 831/2 23/4s & Delaware 97 7a 88 7a __ 95% Co debentures 1st 105% 100 -.June-Dec 374s 1982. Union Ry 374s series B 1965—- General 14 1966 Cincinnati 112 1978 morigage 112 7a 99 , Jan-July June-Dec series A 3s Essex 1047a — 1970 102% Pennsylvania Division— 10074 5 Jan-July 3%s series E s mortgage mortgage 100% 89 30 Imp & equip 4s 1970 Collateral Ry— mortgage 2%s series G 1974 C I T Financial Corp 2%s 1959.— 4s debentures I960— City Ice & Fuel 99% Jau-July First Cities June-Dec First 120% Terminal— mortgage gtd 1970 A In come RR— ser 1st B 3s April' April Jan-July 2019—April Southeastern 2%s ser June Morris 99% 108 7a 8 97 y2 '•'92% 951/0 April 1980— mtge 4%s 4s New 102 103 96 — ♦101* May-Nov 1989 Pacilic Gas & Eire mortgage __ 120 "103 Jan-July 1st ref Edison Chicago Union Station— First mortgage 3'/iis series F First mortgage 2%s series G Chicago & Western Indiana RR First & 4s 100% 9574 Delaware Lackawanna & Western RR Co^— 99% 98 First and refunding mtge 2%s-4'/4s 1994.Jan-July Income 2%s-474s J994_ Cincinnati 623/4 9074 97 104% 104 Va .April 2003 4'/2s Jan A & lien 75 7a 50 74 — June-Dec 37as 90 98 "967s May-Nov J 994— & ser Haute 1970— Delaware Ry— mortgage 3s series Chicago Terre , 100'/a 118 Mar-Sept 2038 A ser inc' conv A Deere & -r General mortgage 4'/is inc ser A Jan 4"/2S conv increased series 13 Jan f 2044 Second ser 3 74s series Western 4s 85 62 ' "100 Chicago Indiana & Southern Ry 4s 1956.—Jan-July Chicago Milwaukee St Paul & Pacific RR— Chicago & North ref First 98 75 26 1974—Feb-dup 4'/2s Jan inc & 12 High 957a "91 June-Dec mortgage First 105 81 98% 100 y4 RR— 4%s 98 62 » 100% Jau-July 4s 85% Quincy lilt- inLge 1970 Low __ 9674 "102 — Dayton Power & Lt first mtge 2%s 1975—April-Ocl First mortgage 3s 1978 Jan-July 98% 917a ' 95 1988—...Jan-Jnly mortgage 1 — 82% 101% 98 233 Chicago Indianapolis & Louisville Ry — A 1st mortgage 4s inc series A Jan 1983 First 98 "93 53 V2 . mortgage 98 3 71% mortgage inc conv 5 s 1997 First mortgage 3%s series 15 1985 Chicago & Erie 1st gold 5s 1982 Chicago Great Western 4s ser A A 2nd 98 ...April-Oct 1974 100 May-Nov (1942 series) Year 1953 No. D 98% 98 3/a 96 52 1958 inc 98 69 92 7a 98 y4 70 A General A General 105 907a ■ 14 531/2 Mar-Sept Chicago & Eastern HI 1977 Range tor Sold __ 107 April-Oct lien A 99 •60 ■ __;. "85 y4 refunding morigage 37«s 1985._Feb-Aug refunding mortgage 2%s 1970—Feb-Aug mtge 3s 1990—— —Feb-Aug First and •_!" , 70V* T First and ■ ■ . May 1992 & 69- Jan-July 3s debs 1976 97% A 1st 101% 1063/4 93% 92 " B 977a - 94 98 y2 y2 "963/4 Ry Co- Chicago Burlington 103 997b 104 7a 105 % -96 Refund and iinpt M 372s series D 1996__Mny-Wow Refund and iinpt M 3VaX series E 1996—Feb-Aup Refund and iinpt M 3%s series II 1973—June-Dec R & A div first consul guhl 4s 1989 /an-July Second consolidated gold 4s 1989 4s 1037/a -65 931/, Jan-July Jan 1 2020 May 3'/as series A f s mortgage 4s Dayton 1987 mortgage 3%s series Champion Paper & Fibre deb Chesapeake & Oiiio Ry— General 103 "967a 1995 First 3 7as debs 10674 __April-Oct 3s 374s Can 1965 13% Mar-Sepl Jan-July Jan-July 1975 Bonds High "106% 107 Aprll-Ocf A 1st 106% 1960 4%s series A Co a 1st 107% 1033% —June-Dec mortgage 4 72s series B Jan 4'/2a 104% 103 7a Feb-Aug AGen General 8 6 —April-Oct mortgage 27/8s Range Friday's "1023/a Cuba RR— 1077a - . 1981 AGen First and refund 1037a ., 6 of Pacific 10 104% 104% (1947 issue) 1960.J. SACentral Branch U P 1st gold 4s 1948 Central 97 104% Jan-July 1965 Georgia Ry— First mortgage 4s series A Crane 95% 85 7a *. 104% 1047a Mar-Sepf ___Mar%Sept 1965 debentures Central RR Co of N J— General mortgage 3%s Central New York Power ~1 93 y2 io4'/2 debentures Central 89 7a — Feb-Aug J976 37is first mtge mortgage 3%s 1983 Baking 3s debentures or "97% Cuba— debs (stpd as to payment dollars) 2001 A 1st 1978 Corp-3s debentures Celotex 93'/2 Jan-July Carthage & Adirondack Ry— First mortgage guaranteed 4s Celanese "91 y« II __June-Dec 4s 1st 90 86 April-Oct May-Nov June-Dec of Week's Bid & Asked Low 1968 Crucible Steel Co of Am 1st mtge 37as 1966 May-Not Cuba Northern Ry— April-Oct 1956 Olrio 2%s Continental 84 Sale Price 1976 Power 101 (perpetual) & S 98 May-Wop I960 A U 817a Inc—. series Gas Railroads inc cum in 10 Ry— debenture Airlines debs A3s 943/4 15 June-Dec 1955 4 72s Consolidated 102 89 87 y8 "80% Last Period 37/bs debentures 1978 100% 1007s 1957- 43/4s gold Pacific consol Capital 4 72s Interest Exchange Natural debentures lOOTz ___Jan-july California Oregon Power 3 7as 1974 Canada Southern consul'- gtd 5s A 1962 Canadian National Ry— Guaranteed 374s 9474 c California Consolidated Consumers 87 Friday BONDS New York Stock April-Oct Buildings 5s gtd 1960 general 15 High Ja«.-July Terminal Co Cons 5s 1955 Bush Terminal Low Jem-July debs Buffalo JANUARY Year 1953 No. 96% "102% —J an-July 1980— Brown Shoe Co 3'/as II ENDED Range for Sold High *100 - WEEK Bo<nds . Bid & Asked Low Bristol-Myers Co 3s debentures 1968 April-Oct Brooklyn Union Gas 4s debentures 1969—Mar-Sepf FOR Week's Ranee Last 1197a 88 937a "107 117% llG'/a 7a 93 . . 115 96 Illinois Bell Telephone 23/4s series A mortgage Central 3s series B 1981—Jan-July June-Dec 1978 937a 94 53 85% 93% 99 99 15 927a 99% — 947a 97% — 98 — 947a 96% 957a 101% RR— 98 Consol mortgage 43/bS-3%s ser 93 Consol morigage. 53/as-33/4s series B 104 74 107% Consol mortgage 3%s 102 7a 120% Consol mortgage 37/8s series E series C 1979—May-Nop 1979_May-Nop May-Nop 1982 Feb-Auy A 1974 "977a "99 7a "987a 101% 1013/4 987a 26 The Commercial and Financial Chronicle... (226) Monday, January 18, 1954 NEW YORK BOND RECORD RANGE Friday Interest Period BONDS Week's Range or Friday's Last Sale Price New York Slock Exchange Illinois Central RR Refunding Refunding 4s Debenture 4%s Illinois Terminal May-Noc Feb-Aug series 4s 1st series § A Adjustment A First 5s AFirst gold series International 3.65s B Minerals subord conv 3V«s Oil Interstate 1st Power 5s 2 97% 101 AFirst 4 'As 5'As 80'A 185 97% 102% 1 120 96% 97'A 113 Corp— Jan-July *70% 75 1977——.—Mar-Sept *— 101 Jan-July series A •— 3'As 100% 99% -- 1980 95% *— New — ~ Jamestown Franklin 4s 1959—June-Dec 91% 91% 1976—Mar-Sept 94 94 87% 85% 94% N Kansas 1st Mich & City 1st Power Y 27/8s mortgage —ApriZ-Oct 1990 4s Light 2%s *81% Jun-Dec June-Dec 94% 1976 19'<8„ 84 19 94% 95 N mortgage Kansas 1st 2%s 1980 City 3%s Kentucky Central 1st B 1968 1974 98 ' ' — — mtge 4s 1987 Jan-July Terminal 4'As 1961—Jan-July 105% 98% 1961 1 100% 100% April-Ocf 100% 32 104% 104 104 «/2 June-Dec 2%s Ry Jan-July Kentucky & Indiana Stamped 1961 Plain 1975—April-Oct A ser series Terminal N •90 June-Dec City Southern Ry 4s mortgage Kansas 47% 1 —Jan-July 98 5s ref & .... 99% 99% — 95 99% 157% 168'A —— *95 100% 150 Y 3% 161 & lst Valley 100% N Y State 3% N Y 4'/2s mortgage Lehigh Valley Series A Series C 4l/2s 86 86 £6 9 79 87% June-Dec 84 84 84 3 78 consol ASeries D ASeries E 88% 89 5 85 96% Y 1st Feb-Aug *59 *46 F 1984 Little Miami Ry general § a Lombard 93% 84 84 84'/a 4 78 N A Co. <P) debentures 3s May refund mtge 3%s Cincinnati 1st mtge 3 '/as mtge Prior b0% 12 56% 68% 66 1 61% 74 76 68 — ' 92 2 1_ 109 104 39 — 8 1973 Mar-Sept *82 88 — 88 94 Kansas 40-year Prior 5s & Texas 4s lien series series A first 4'/2s series D AFirst and AGeneral *95% *83% AFirst and AFirst and — AFirst and AFirst and First 83% 5s (John) & 3'As Co. Morris , 3s 99 First mortgage 47% First 94% Ohio 96% 99% 97 '/2 95 ApriZ-Oct 95% 99% 2 94 First 3s guaranteed debentures 97% 97% 2 3s debentures For 4'As footnotes 98'A 94% „ 99% 4 89 107% 107% 19 105 10 90 10 99% 101% 98% 108 *93 96 •116% 118 *97% 99% - 109 102% 102% May -Nov 23As 1974 105 104% 105 105% 1975 ' __ ' 1979 67% 3s 1977 1984 101 4 97 105% 96 106% •104% 105 105% 105 105% • 21 93 95'A 101% 71% 82 105% 95% 93 94% 92% 95 12 85 '/a 92 91 102% 90 90 86% 91 June-Dec *92% Mar-Sept ApriZ-Oct 98% — 92% 91% 100% I first mortgage 27As Oklahoma Gas 1980 Electric & 1974 1975 Feb-Aug 3s 1979 27/8s mortgage 96 98% 6 95 937/« 95 21 88 95% 95 96 •93'A 95 5 95 86% 94 June-Dec 1980 May-Nov Mar-Sept Oregon-Washington RR 3s series A I960—Aprll-Oct First 96 Map-Nov 23As mortgage 3%s 1982 102% 102% 16 97% 101% 102% 102% 1 100% 100% 100% Pacific Gas & & First 90'A Electric & 3 92'/a 49 & June-Dec . First & refunding 3s series M 1979 June-Dec 104% First & refunding 3s series N 1977 91 91 First & 76 & refunding 23As series P 1981 refunding 27/8s series Q 1980 First & refunding 99% 93 First & 66 1st First & 94% ref Pacific Tel M series V 4s & Tel 1986 3 %s debentures 3 %s debentures 96 3Vss debentures 1983 3'As debentures 72%.-84% . 50 101% 302 84% 251 . 102% 102% 118 103 118 106'A 104% 106%' 106% 105% 106'A 62 89% 1,385 117% 117% . debentures _April-Oct _1 1984 81 63% *97 63% 2 61% 98 97 '99'A 60% 98 61 89% April-Oct 98% Pennsylvania General 5s 1968—1 —June-Dec General 4'As series D 1981— 89% General mortgage 4%s series E 1984 General mortgage 3Vas series F; 1985 10 82% 96 89% 100% Peoples Gas Peoria A 82 98 1 102% 102% 101% 101% 10 ' 15 *97 106% 107 *98% 96% 100% 93 101% 97% __ Coke Co3%s ser H 1981 first Income 4s April Pere Marquette Philadelphia Ry external 1990— series B & Wash 1974 101% First & *♦101 1980 RR 27 8 1967 2%s 1974 May-Nov May-Noo First, & refunding 2%s 1981 ___June-Dec 16 105 First & 1 91 99 First & 91 99% 1st 1982 1983 105 101 93 101% 87% 98% 105 109% 76 101% 105% 10 105% 109 y* 99% 98% 99% 47 92% 99% 99% 98% 99% 8 92% 99% 86 16 74% 105 . 104% 105% 108'A 109% 103% 103% 90% 55% *108% Feb-Aug Jan-July May-Nov 97 85% 90% 9 85% 55% 6 49 89 107 _ — 99 105 91 61% 98 110% 107 97 15 88% 97% 98'A 99% 17 92% 98 y* 96% 96% 2 96% 99% 7 100 *102% 105 Jan -July 23As 3%s 105% 107% 100 % — 98% Co— refunding 3%s 99% 98% 85 91% 107% *96 refunding mtge 99% 102 100% "— 98 55% & refunding ' 98% 107 90% & ref 90 106% 1 107% April First & ' 90% 103% First 1978 1 108 *99% 92% 94 89% 94% 8 105% 105% June-Dec 27/8s 10 99% •107 April-Oct refunding 23As 1971 refunding 99% *101% 102 Mar-Sept 1960 98% 109% 95% 98% « 107% 87 93 *94% 99% 95% 104 Va 103% 82% *92% 99% 89% 94 95 June-Dec 100% 101% 1 10 13 Feb-Aug Generalgold 4%s series C 1977 Philadelphia Electric Co— 99% 93 7A _Jan-July Jan-July : 3%s series D Baltimore General -5s 4s 96% 37 & mtge Eastern & 96% 5 98% 100'A 100% 97% 97% ref & 93% 100% 100% *96 88 91 Light 98% 107'A 108 April-Oct 102 B 91 2 16 85% 63% 102% series 98 Feb-Aug June-Dec 56% 99% 101% 98% 1960 1965— A 99% 95 •100% ■ series 93 85'/a _April-Ocf sinking fund 4%s 4%s 82% 102% 102% ; 100% *86 98 Co— 2 96% 96% Jan-July 1 ~ Feb-Aug Light 1975— RR— Consolidated General & 3s 92% 99% 96 107% June-Dec 27 ♦96'A 1970—June-Dec Power mortgage 98% 102% ' 101% 101% ►100% 101% May-Nov 69 100 First 97% 88% 97% Mar-Sept Pennsylvania . 87% 1 91 99% Mar-Noo Pacific Western Oil 3%s debentures 1964 Paducah 81 Illinois 1st s f gold 4%s 1955 40 92% Mar-Sept Mar-Sept 1981 98% 98 *94% April-Oct . 59 98 June-Dec 1978 83 1985. 1987 94% June-Deo — 101% 100% 5 98 98% June-Dec 1982 1984 23As debentures debentures 103% 4s 104% 106% R refunding 3s series S 1983 June-Dec refunding 27/8s series T 1976 June-Dec refunding mtge 3%s ser U 1985_June-Dec & & series 103% 92% 92 99% 99% 100% 100 June-Dec 3%s 90 27 99 % June-Dec First 87 2 75 100% June-Dec 98 % 4 76 - June-Dec June-Bec 92 97% 91 94 __June-Dee . refunding 3s series K 1971 First & refunding 3s series L 1974 102 V* 7 96 101% 102% Co— refunding 3%s series I 1966 refunding 3s series J 1970 51 , 102 P 118% Map-Nov 91% Telephone— 118 % 1961 61% Mar-Sept 101% Mai/-Nov 75% 5 29 104% 105 104% April-Oct 69% Map-Nov 102 64 99% 100 100 —June-Dec 25/as 1979 102% AprfZ-Oct 67% 106% 93 25 Feb-Aup 102% .-June-Dec 71% 97 Jan-July 84 — 94% 101% 6 — 71% April-Oct 39 June-Dec 19 105% 105% ♦102% Feb-Aug 92 . 96 102% 120% 108% 101 / 95% 105% 104 95 91 1 • 101% 102 60% 95% 105 106% 105% 105% June-Dec 88% 94% 105 106 99 —— *98% '100'A 102 1955—May-Not) 1955—May-Noo 94 94% 105 101 104% 106% --"IIII—lMar-S?^ 07 70 •106% 107% 88% Anril-rw 1974 86% 58% *101 106% 1986. B 80 105 *107 105% Co— series 62% 99% 107% May -Nov 99% 90 13 Louis 1982 68 100% Mar-Sept A ser mortgage 3s First mortgage 2%s 1975 100% ' June-Dec Tel & 81 •59 19 1974_Mar-Sept Map-Nov 1970 Tel 1974 1981—Feb-Aug 1949 1974 National Steel Com 1st 3As 1982 National Supply 23As debentures 1967 Naugatuck RR first gold 4s 1954 England •— 53 Quar-Feb mortgage 97% 90 — — 102% 104 106'A 3'As debentures 1976 Natl DistiUers Products 3'As debs New 103% 103% Feb-Aug 1980—April-Oct debs 61 8% 3% 94 101% f Chattanooga & St debentures Edison First mortgage 3s series B Dairy Products 23As 99 o 05% !— N First Jan-July 1978 23As Bell 94% 15 99'/2 1991 Mar-Sept B 1966 Feb-Aug debentures 1958—Map-Nov National 9 102 Co— 3s mortgage 98 102 % 103% 101 Mountain States Tel & Tel 25/„s 1986_ 3'As debentures 1978 Nashville Jan-July Jan-July Jan-July Pennsylvania-Central Airlines— A3%s convertible inc debs-Sept 1 I960—April-Oct Pennsylvania Glass Sand 3%s 1960 June-Dec & Essex first gtd 3'As 2000 Construction mortgage 5s series A Construction mtge 4'/2s series B 99 92% First —Mar-Sept 1977—Mar-Sept 1978—May-Nou G H 63 103% Quar-Feb 2%s debentures 23As 101 % 101% *94% series 3s Jan-July 2047 103% *95 103'/2 1965—Feb-Aug refunding 5s series I Ry 63 100% ,8, Jan-July Quar-Jan 1 mortgage first Northwestern 95% 92'/2 Jan-July Jan-July —_Jan-July 1 gold 62 Aprll-Oct mortgage 3'As 1982— 93% 6 1 Malone first gtd 4s Monongaliela Morrel refund 86% Jan-July First 104 102% 102% 7 1967 5AConvertible gold 5'As series A Mohawk & 18 April-Oct mortgage 99 47% Urn 52'/a F 95% 1977 first 83% —— — 81% 1978 refunding 5s series refunding 5s series 95'A 2047— Power 88% 84% 50 *92% 52 % 1975— 1975—Mar-Sept i First States 90 " 1990—June-Dec Jan 1% Quar-Jan 2%s A 10 Ry first gold 4s 1996—April-Oct 3s Jan 90% — 81% refunding 5s series A 4s lien 03 3A — — 99 52'/2 1962—— ACum adjustment 5s ser tMissouri Pacific RR Co— 2% 1983 mortgage 100 . 81'A 1962 B 2% 1980 3'As mortgage 80% 1 1971—May 1991—May Jan 4s 23As First First mortgage 4'/2s inc series A Jan lien 5% •100 •102 6% ' 101% 94% -p. Missouri-Kansas-Texas RR— Prior 72 1984. First First A G 104 Northern Feb-Aug ser 6% 1982 D 92 Marie— 4s inc 6 Jan-July 1992—Mar-Sept Ry— registered 77% 1 101% 101% *97 W)74—May-Not> Aprll-Oct chigan Central— Refunding & impt 4'/2s series C 1979 Jan-July Michigan Cons Gas first mtge 3'/2s 1969__Mar-Sept First mortgage 27/8s 1969 ; Mar-Sept First mortgage 33As 1969 Mar-Sept 37As sinking fund debentures 1967 Jan-July Minnesota Mining & Mfg 2%s 1967. April-Oct mortgage 68% 2047—Jan-July Refunding & improve 5s series C 2047—Jan-July Refunding & improve 5s series D 2047—Jan-July Collateral trust 4'As 1975 Mar-Sept 112% 98% — '100'A 101 101% June-Dec 3'As debentures 1988 AGeneral 75% 54% 1997 4s 84 M Fist 65% refunding 4%s series A registered 3s Michigan Beli Telephone Co— Missouri series series Pacific General First St 84 222 2004 102 96 10 1 1980— Saulte A 85 • — 93 M Mead & 80 271 4%s series A 2019 96% 1 1 104 92% Jan-July Feb-Aug Paul 4 68% 1977 99 96% May-Nov St 79% 83% 59% 1993 4s 23As 76 — *.. May-Nov RR (Southern Lines) 4s 1959 Dept Stores 2%s debentures 1972 3'As s f debentures 1978 Minn & lien 4s 79% 83% 103 101 % Manila First mortgage ~2%s 37As Western General Northern 2%s 1979—May-Noo debs 95 72 67 Northern Natural Gas debs 4%s 1973 3%s sinking fund debentures 1973 88% "103'/a 104% Feb-Aug 3'/2s 82 13 57% 1994 ser mortgage & 79^ 100 May Robbins Norfolk 75% 20 — Mar-Sept 1955 Corp first mortgage 3s 1966 Metropolitan Edison first mtge 27/8s 10 77% 61% 79% '109% Macy (R H) & Co. 27/8s debentures 1972 May-Nov Manati Sugar 4s sinking fund Feb 1 1957—May-Nov McKesson & 89 87 82% 62% 83% 87 76% *100% 63% '102 ApriZ-Oct 1982 • •86 94 (Wisconsin) mtge 100 86% 71 April-Oct 4s 87 96 6 1 Mar-Sept Div 1st 89 82 93% 3 91 April-Oct & 86 91 93% 73% 67% *70% April-Oct Knox gtd Gas 4s mtge Telephone 23As 80 % April-Oct F 2003 Atl & Refunding & improve 4%s First & refund mtge 2%s ser G 2003 First & refund mtge 3%s ser H 2003 St Louis Div second gold 3s 1980 Louisville Gas & Elec consol mortgage (Minnesota) 1963 ser •89 Jan-July Y 66 May May June-Dec debentures .1976 33/4S debentures 1978——— Louisville & Nashville RR— & 98% 49% bO 60'A June-Dec 3s First 64% 92 5 73% 67 May-Nou 1952 Long Island Lighting Co.— 1st mortgage 3%s ser D 1976., Lorillard 66 56 53 80% 1965—-ApriZ-Oct 1962 series 57% 8 ♦94% Map-Nov Northern Central general & ref 5s 1979——April-Ocf 4s series 20 58% 53 Ref 91% bds— May-Nov 7s Electric 64% 60% 58% 58% 58% 68% 1954 mortgage 80% May-Nov 2003——May-Nov 5s 55% 57% 59 mortgage 27/«s 1980 1974—;;Jan-July to first 1 57% 78% *84% 2007— Jan-July A ser General 3 2003 extended 5s Eastern & mtge 4s General 86% contingent interest 2003 mortgage 66% •96 Map-Nov 87% 86 contingent interest 2003 contingent interest 2003 Lehigh Valley Terminal Ry— First 74 57% 11 RR— 93 86 5s Lexington 1973 44% — Feb-Aug 2003 interest interest 68 59% Jan-July Jan-July May-Nov 2043 2043 55 60'A Y)to mtge 69 1 76 71 58% June-Dec first cons & 21 75% 71 Niagara Mohawk Power Corp— 4'/2s ASeries 4s 75% 59% Map-Nov Corp first 3%s 1963 Susquehanna & Western RR— General mtge interest fixed 86% Refunding mortgage 3'As series E 1978—Feb-Aug Refunding mortgage 3s series F 1981 Jan-July 83 1970_April-Ocf A B 4s Electric AGeneral Feb-Aug to (N extended fixed 5s Co gen fixed 4s B Series RR 78 74% April-Oct Steam 1997—June-Dec 1974 extended 5s Railway 66% Jan-July Light first mtge 23As Putnam I 223 3 June-Dec 1968 A ser stamped mortgage 195 204 Jan-July 1955 4s Power & 96 — 2% N NY • 1st 70% 78% Port Chester— mortgage AGeneral 99% Lehigh Valley Harbor Term Ry— Lehigh 68% 76% mtge conv inc 4%s series A 2022—May 1st 3'/2s registered 1997 Lehigh Coal & Navigation Co— Sinking fund mortgage 3'/2s ser A Lehigh Valley Coal Co— 1st & ref 5s stamped 1964 1st 1997 Hartford & 72% 70% 78% gold 3%s 1998 series A refunding 62% Aprll-Oct 1973 & 238 Aprll-Oct 3s series F 1986 B River First 104 65 RR— gold 3%s 2000 Haven & 101% 94% St Louis— 4s series Term Lake Shore & Mich South gold 3'As ' Feb-Aug 1st mtge 4'As series A 1973— tAN Y Ontario & West ref 4s June 53% 100% N fund 3%s series 111% L sink 1998 1997 West AGeneral Lakefront Dock & RR Terminal— mtge — Co— collateral series Harlem 102% 91% 65% 4s New 102% 92 63% 4s Y 92% 99 96 Chicago & & 98% 96 Hudson River 96% *95 April-Oct A 80 105 *95'/a 1954 mortgage Lack Y First 96% 104% 53 98% 104% 103 95 —— — *51% 4'As unguaranteed 1961 Jan-July Kings County Elec Lt & Power 6s 1!)97—April-Oct Koppers Co 1st mtge 3s 1964 April-Ocf jAKreuger & Toll 5s certificates 1959 Mar-Sept 1st April-Oct A series High 100% Ry— *94 4s Low 94% 100% Feb-Aug RR Year 1953 94 Feb-Aug Harlem 4'As ■ 1st *97 — Range for 103 — 1956 Mortgage 91 88 — 99 •103% Connecting RR 2%s series B 1975—__Apri1-Oct & No. 80 series & Seld 15 D Mortgage mtge & *97 — Bends 85 series registered York Y N K Kanawha 100 *80 __ 1956 First mortgage 93 3 94 1st Central Power & Light V16 91% 27/aS Clear & May -Nov High 100 — Refunding mortgage 3'As series E 1980—June-Dee J Jersey 1977 Mexico Feb-Aug 3 %s registered 1998 Feb-Aug Michigan Cent collateral gold 3%s 1998—Feb-Aug 3'As registered 1998 Feb-Aug 102 1978 3s Central Lake Shore Co— mortgage Y 90 66 — Friday's Bid Jk Asked Jan-July 1964 B C Central General 107 94% 25 100% 100 100% 1972__May-Kov B Jan -July Refunding & impt 4%s series A 2013 Refunding & impt 5s series C 2013. 112% 96% *97 York series series Consolidated 79 62 Co— 3%s mortgage 1st 5s AFirst N 1977 Line AFirst 32 73% Jan-July 1st 5s 91 109% 105 >A 106% 1988 1983 A 33As & Texas 96% New 5s Terminal Orleans 10 105. Nor Great Orleans New AFirst 78'A Chemical & Orleans New 90% 91 104 106% 1956 debs f debentures s C America Pipe July A 1956 series 5s Inter Rys Central Interstate series 6s 104% 85% Bell Telephone 3%s Jersey Jersey Junction RR gtd first 4s 1986—Feb-Aug New Jersey Power & Light 3s 1974 Mar-Sept 107 100 101'A 101% Jan-July .. 105 *90 105 1952—April-Ocf Jan-July 1952 A 6 43 — or Price New 104% 91 Period Low INew Mar-Sept mortgage 3.20s series I 1982— ^International Great Northern RR— 103 *90 Week's Range Interest New York Stock Exchange High 15 102% 103 Jan-Juiy 1970 A 102,7« Indianapolis Union Ry Co— Refunding and imp 2'As series C 1986—Jane-Dec Steel Co 3'As debs 1972 Mar-Sept 6s Low No. High 102^ 10218 1023A 15 Friday Year 1953 104% 104% May-Noo 1966 Ry JANUARY BONDS (Continued)— Inland § A First ENDED New 1055 1955 5s WEEK Range for Sold Bid A Asked Low FOR Bonds *93% •107% 95% 87% 97 96 __ — 94% 90 — *93 •103% 87 — 104% 103% 107 ' Lt.V Volume 179 Number 5291... The Commercial and Financial Chronicle * I i; * ■ i: j ;n v; ■ (227y 21 NEW YORK BOND RECORD RANGE Friday BONDS New York Stock Interest Last Period »ale Price Week's Exchange or 3.70s deb conv 1964 Feb-Aug 1983 99% June-Dec 109% . Plllsbury Mills, Inc 3%s s f debs 1972 June-Dec Pittsbgh Bessemer ft Lake Erie 27/8s 1996—June-Deo Pittsburgh Cincinnati Chic ft St. Louis Ry— 99% 12 107% 109% 530 109 Jan-July First June-Dec S%s 1st debentures and 108% Texas & New Terminal RR Refund 86 2 96 102 100 1 96 100 101 ♦106 June-Dec ♦105%. — 6 100 M M — 3%s series B gold refund M Pacific-Missouri RR of Tol & Ohio -*■ ii 94 ♦II «... 98 a.- «... ♦99% — . May-No® 101% „ 94 3%s E ser 3%s Cent — 133 — 101% 100 *96 102% 132% 201% 190 —— 97 2 Jan 5s D Jan-July 101 24 3%s 1968 81% Aprll-Ocf 97% 81% 1971 gold Tank United gold 6s 1996 Louis-San Francisco Ry Co— mortgage 4s series A 1997 • bond 4s certificates 11 Gas 1972 - - 4 4%s Co mtge & 1st debs f s America of 1973 1007/a 87% 3s debentures 1966 June-Dec 1974 mtge 23As 1966 ApriZ-Oct Pipe Line 3.20s s f debs 1982 UniorKOil 2%s debentures 1971 t§ASilesian-Amer Com coll trust Sinclair Oil Corp— 3%s subord conv 7s 107 : 95% 74 94% — — 1972 1972 debentures 2%s 4 14 91 100% 11 81 95% 2 100 86% 87 %. 107 4 Vis conv s — —. Pictures RR 3%s consol 4 Vis 106 * * 118% 7 92% 92% 94 —— 93% 1 I Ry first and consol general 4s 99% ' 3'/as debentures 5s conv 1961 1994. 5s A *107% debs gold 104 106 104 15 105% 106 __ 8 104% * 98% 104% ' 21 102 102% 100'/a 106% 92% 93 99 05 , *100 97 99% 102 100% 1985 4y2s Jan-July 98% consolidated ; 86% 94% ( 99 99 , 94% 95 *95 9 98 *93 Mar-Sepi 94 92% 102'% 102% Jan-July ApriZ-Oct 102 ' 83% 102% 93% 94 5 88 % 100% 99 43 *95% _ i, 101% 105 102 102% 87'/a , 104% 94% 5 *102% 105 „ gg% 94% 96 *100% April-Oct 1958 5s 91% 92% . — . 1st , 82% > 80% 216 99% guaranteed 111% 110 111% 109% 103% 104% 64 98% mtge 2%s 2361 4 %s series B Pacific RR 1976 3%s 104 104% 103 97% 105% 103 102% 103%, 55 95 103% *96% 06% ~ — Jan-July Jan-July Jan-July Jan-July 9 78 79% 74 79% 79 '/a 95 20 92 122 122 123 9 113 103 102% 103 31 101% 106 106 16 105% 109 106% 95% Wisconsin 123 106% 107 107 11 106% 1980 1 102% May-No® April-Oct 93% Jfay-Nov April 92% 83 — 22 93% 89 24 86% *99 — 88% Included 105% of the 104% 106% 302 07 81% 2 53'/a 19 99% 95 101 57 88% 90 104% 95 97% — 102% 105% 105% 30 62% 61% 62 V* 54 60% 60 59% 60 52 58% 67 3 99% 104 105 102 % 102% 68% 104% ♦106 — *93% — 103 7/a __ 106% *95 30 96% 96% 100% 104 92 99 88% 96% ~ 94% 97 101% 98% 3 94% 101% 95% — 96% 98% II Jan-July May-Nov ApriZ-Oct 94% 96% ~ 97% 57 91% 104% 101%. 18 97% 101% 100% — *102% 78 77% 1936 May-No? 86% 1976 June-Deo J an-July — 101% 102% 103 — 35 73% 81% 74 80% 56 63 79 63 63 - | 82% 86% 93% — 84 81 93 100 Mar-Sept Jan-July 100 100 — 3 i *88% Light & Power 2%s 1976_Jan-JuZy 11 94% 4 78 *90% -- 15 __ — 2%s range. 92 — 103% 103% ~ Mar-Sepi Mar-Sepi Mar-Sept included in the year's 112% the Underrthe-rule sale not year's range, y ' 91% 88 88 d Ex-interest, included in the year's range, e Odd-lot range, r sale not Cash sale Ex-coupon. {{Negotiability impaired by maturity. fCompanies reported as being in bankruptcy, receivership, or Act, or securities assumed by such companies. A Bonds bid and selling asked prices; 110 reorganized sales being transacted during current under Section 77 ol week. flat. ! 5555^ a AMERICAN STOCK EXCHANGE WEEKLY AND ; RECORD YEARLY the following extensive list we furnish a complete report of the transaction on the American Stock Exchange for the week beginning Monday, Jan. 11, 1954 and ending Friday, Jan. 15, 1954. It is compiled from a report of the American Stock Exchange itself and is intended to include every security whether stock or bond in which any dealings have occurred during the year. , - • 1 RANGE Friday STOCKS Last American Stock Exchange Sale Price Par ACP-Brill .10 Adams Hat Stores Inc. Supply Manufacturing 1 Agnew Surpass Shoe Stores Air Manufacturing Associates Inc (N J) 5 1 — 8 % 3 10 1 10% For footnotes Ltd see 80c page Shares * 31. Week's High Low A 1,200 Oct 1% Jan Alabama 3% 3% 600 3 Sep 6% Jan Alabama Great Southern 27% 100 25 Jun 29 Feb 2% 400 2% Dec 4 Mar 2% 200 1% Sep 8 8% 1,100 8% May 7% Oct Gas Airlines 50 preferred Inc 3% Feb All Aug Alleghany Allegheny Airlines American 17% 108 16% Range for Year 1953 Low High 17 '/a 107% 108 1,500 30 13% 103 Jun Jan 100 97% 97% 200 89 % Jun 4% 4% 1,700 2% Sep High 18% 112 99 % Dec Aug Jan 6% Mar Engineering Co warrants 10c Jan 1% 1% 2Va Inc 1% 600 1% Aug 2% 1% 2% 38,900 11*6 Sep 3% Mar 2% Corp 13% Mar Shares 1 Alabama Power 4.20* Alaska 9 V* > J Corp for Week Low Par High *« A Sale Price American Stock Exchange Sales Range of Prices Last STOCKS Range for Year 1953 2% 600 2'/a Jun 3% 5% 17,400 Jan ' 7 % Air-Way Electric Appliance Petroleums 15 2'% -f- Alrfleets Inc Ajax JANUARY Friday for Week • common ENDED 2% .1 Ainsworth WEEK 27% 3% Acme Wire Co common Aero Range 16 Alloys FOR Sales of Prices Low Motors warrants. Acme Aluminum Week's — 7% 400 6% Jan 8 % Oct Alles & Fisher common— 10% 800 x9% Oct 14% Jan Allied ._1 10% 300 11% Nov 157/a Feb Allied lnternat'l ii % 2,600 % Dec 1% May Allied Artists Products Pictures Corp. Investing cap stock—1 (Mich) common • „ 5% 5% „ 6% Jan 2% Jan 5 % Dec 2% ._1 9% 10% 7% , 114% „ ♦lol'/a 105 % Jan-July Jan-July Jan-July April-Oci < Bankruptcy 73 101% 66% 101% 56 105% deposit Power year's In ♦Friday's Aprll-Ocf 3 68 •I— 56 *87% 104 , Jan-July delivery sale not the not 102% 66 87% Deferred Included In - June-Dec 70 Y Yonkers Electric 93% 93% 1967 mortgage 2%s 1979 Wisconsin Public Service 3'As 1971 a *98% 1992 1970 D First 111 111 97 Feb-Aup Feb-Aug Jan-July 1965— Electric 85% 86 '■ C series 110% 111 series 3'As ACertificates 103 % 94% April-Oci Corp— A Certificates of deposit lASuperior & Duluth 1st 4s 80 88% 75 5 70 Mar-Sept $ Wisconsin Central Ry— S A First general 4s 1949 85% 5 76% 9 96 104% 105% 105% Jan-July Wilson & Co first mortgage 3s 1958 Winston-Salem S B first 4s 1960 08 84% 84% 84% debentures 5 77% 96 ' May -Nov 1971 3%s mortgage 79 77% 77% Co— Electric debentures Wheeling Steel 105 % 103 79- April April May-No® 2361 & ref Westinghouse 94% 68% registered 4s 4%s debentures series A 93% 90% first mtge 3%s ser A 1981 Western Union Telegraph Co— 30-year 5s 1960 98% 25 70 1981_ Jan debs conv Western 111 90 16 ' 93% — 4s income series A Shore 1st 98 92% 85% 110 98% 70 Co— Western Maryland Ry 1st 4s ser A 1969 107% 95% — 5 • 98% *94% 70 RR West 104% 2013 1967 3%s convertible debentures 1982 In , 101% 101 __ I 1981—June-Dec mtge income 4'As series B Jan 1991... Standard Oil Co (Indiana)— * 103% 104 *95% 1980 ser 59% 37 — 1956 II first debs " 95 90 y4 100% 8i y4 rnWre Products Co Inc— subord H ser 27 . 93 '75—June-Dec 1996—. 1983 ASpokane InternaLI Standard Coil 2%s 103"% 102% 101 92 West Penn Electric 3%s 1974 West Penn Power 3%s series I 1966 Northeastern RR— Joint 3%.s 1977 Southwestern Bell Tel 2%s mtge 93% — 92 % April-Oct Devel and general 6s series A 1956 ApriZ-Oct Devel and general 6Vis series A 1956—ApriZ-Oct Memphis Div first gold 5s 1996 Jan-July New Orleans & 96% *104% 105 Westchester Lighting gen intge 3%s 1967—Jan-July General mortgage 3s guaranteed 1979 May-No? 101% 95% 331 99% 97% *98% 93 Mar-Sept ser A F series 102% *92 ' 97 92% 99 *101 __ 88% 105% 103 *97 I 96% 79% 10 92% ref — / 59 *53'/a 97 May-Nov gold 87 mtge 2%s ser G 1979—June-Deo Wheeling ft Lake Erie RR 2%s A 1977 First mortgage 2V4s series G Devel ' 1955.._Feb-Aug 1957 May-No? 87 1 1 94% ' First mortgage 2%s series E 1986 Southern ref First series 87 *105 A 44 100% 100% 94% 93% May-Hoy 2%s 109% 89% 1 93% (subord) 1966 Warren RR first ref gtd gold 3%s 2000 Washington Terminal 2%s series A 1970 93% 101 y4 99 -a- 91% — — Jan-July 1981 mortgage 95 96% *90 Gen Southern Pacific RR Co— First 145 97 90 — First mortgage 3%s series BI1971 Feb-Nov Walworth Co conv debentures 3'As 1976—May-No? Warren Petroleum Corp— 125 86% *98 June-Deo mtge 3%s — 102V* 95% 5 *92% Gen _ 102% 56 123% 124% *90 Jan-July 1973 1st gtd 4s series ft Wabash Co— San Fran Term — 97'A 1959—Mar-Sept debentures mortgage ft refund 3%s 3%s Feb-Aup A __ 96% 3s series B 1995 May-Hoy First lien and ref mtge 3%s ser C 1973—April-Oci 100 % 92 April-Oct 1963__ . First 4 Vis (Oregon Lines) Gold 4 '/2s 1969 Gold and First 101% — ■ ♦112 124% Jan-July 1985 debs f Pacific 100 95% — __ 105% 107% 107% Virginian Ry 112 93 ' — — *94 Jan-July 2%s debentures 1987 c Southern Indiana Ry 2%s 1994 Southern Natural Gas Co— Southern 94% 86 5 95% 97'A May-No? mtge 3%s ser J 1982 .Virginia ft Southwest first gtd 5s 2003 86 78 ye 80% *95 iu— - June-Dec 1979 debentures 106 ApriZ-Oct 1967 1st 77% Telegraph Co— debentures 97 97 6 __ *99% __ Consol sinking fund series B Virginia Electric & Power Co— First and refund mtge 2%s 6Cr E 1975__Mar-Sept First and refund mtge 3s series F 1978—Mar-Sept 97% 70'/a • *95% 101% - April-Oct ApriZ-Oct Skelly Oil 2%s debentures 1965 Socony-Vacuum Oil 2%s 1976 3s 95'/a Jan-July Jan-July Feb-Aug 1971 trust 3%s coll & f debs s Vandalla 100% 100% 100% 107 1941—Feb-Aup 1983 South ft North Ala RR gtd 5s Southern Bell Telephone As 98 95 — __ April-Oct 4s debs 20 % 93 *95 ♦100 Mar-Sept 3%s trust _Apr-Oct 25/as 100% 96 June-Dec Service Shell 13 W May-No® May-Hoy Mar-Sept Sons 2%s 99% 57 48% *95 ' ApriZ-Oct 1977 coll 1 1989 1st mtge 3s series B 1980 37/«s s f debentures 1977 ft 167 104% 106% May-No? U S Rubber 25As debentures 1976—1 86% 95% ! 80% — May 4s inc bond certificates Nov 1989_Jan-July St Paul ft Dululh first cons gold 4s 1968—_Jjme-Dec Paul Union Depot 3%s B 1971 April-Oct Scioto V & New England 1st gtd 4s 1989—May-No® Scott Paper 3s conv debs 1977 Mar-Sept Seaboard Air Line RR Co— (Jos E) 146 Feb-Aug 1st St Seagram 103% 94% 17% June-Deo 1970 Corp 23As 1970 1st 96% 78% i CO 0= ♦94 % Jan-July Second '■ 126 96% 44 __ 55% — May-No? - 1976 debentures 33/as 100% 93% 6 97% *72 April-Oct mtge inc 4Vis series A Jan 2022 Louis-Southwestern Ry— 96% 87% 17% June-Dee 23/4s debs (subord) Car Biscuit United «—r Mar-Sept 1996.Jan-July 5s 1st First 97% 91 114 54% — Refunding mortgage 2%s series C 1991— Mar-Sept Union 103% 99% 3 81% 97% -- 1977 Mar-Sept 1969—Mar-Sept Second St 5 10 RR— debentures First and refund ASecond ♦95% May-No? 1982 debs conv Pacific First St 94% 17% April-Oct impt 3%s I960—June-Deo 27/bS debs 1961 Afar-Sept Oil of California 2%s 96% 97 90 101% 97% — 1995__Ma7/-Nov 1973 Rochester Gas ft Electric Corp— General mortgage 4%s series D General mortgage 3%a series J A 102% V Reading Co first ft ref 3%« series Reynolds (R J) Tobacco 3s debs 1st 96% 97% 97% 122 % 55 Jan-July 1960 and ref 3'As mtge Universal series 89% 51 101 % 103 ~ __ May-No? mortgage and coll trust 2%s 1975—ApriZ-Oct Union 99% 96% 84 102 3/4 103% 1st Union 102% 127% —•' —— 100 100' Jnne.-Der Adirond'k 94% 122 June-Deo 43/as Lawrence & 115% 96 % *91% . 1985—Jan-JuZy 1974 1st mlge ft coll tr 2%s 1980 101% 98% 2 *130 refunding mortgage 3 Vis 1983—April-Ocf Saguenay Power 3s 102 — *94% 101 % 102 June-Dec 3%s sinking fund debentures 1973— St 96 97% Pacific— income debentures 3s 100% 96 46 — . 97% — 100% 101% 103 % 103 % . Jan-July - 95% 90 91 —— Mar-Sept Quaker Oats 2%s debentures 1964 II „ ♦106% 102 Union Electric Co of Missouri 3%s 1971 96% 98 96% 104% u First 90 — 91% 104% *95% 1970—Aprfl-Oet 5s 2000 Orleans New AAdjustment . — 89 *94 . 3%s series C 1990—ApriZ-Oct first 106 — __ 2 High 85 96 J/2 90 May-Hoy tAThird Ave Ry first refunding 4s 1960 June-Dec Mar-Sept Feb-Aup Jan-July May-Hoy refund Tri-Conlinental Corp 104 7 Orleans RR— General and 100 95% 111 Low 91% . J an-July April-Oct impt 27/8s series D 1985 Pacific ft Texas 101% 95% April-Oct 1972 impt M 4s series C 2019 First and refund 101 96% Year 1953 Ho. of St Louis— Assn and First and 101% 5 100 refunding mortgage 8s 2037—June-Dec refunding mortgage 3s 1972—Afay-Nov refunding mortgage 2%s 1979-June-Dec First and 103 99 % Range for Sold High T Texas Corp 3s debentures 1965 95% Bonds 404 May-No® 108% — Range Friday's 95 % 95% Jan-July Jan-July 1972 103% *100 m-m refunding mortgage3%s 1968—Jan-July and 106 101% 101% •*** ^ 1966 1973 109% 82 96% or Bid ft Asked 91 Jan-July Mar-Sept 1973 109% — 99% , April-Oct 2037 debs 108 7 Sale Prioe 2%s 1971—May-Hoy 2%s debentures Corp debentures Term 1977 37/es 108 5 108% *85% Feb-Aug 5s Oil 27/as 104 1C2% 2 105% 106% ♦95 April-Oct 1963 refunding mortgage Chemical Sunray 96% Texas Providence Terminal 4s 1956 Public Service Electric ft Gas Co— and 90% — 107 J May-No® 1965 Potomac Elec Power 1st mtge 3%s First mortgage 3s 1983 First mortgage 27/8s 1984 and Stauffer Refund and 106 Mi April-Oct First general 5s series B 1962 First general 5s series C 1974 First general 4%s series D 1977 Plantation Pipe Line 2%s 1970 First 2%s 100% 95 ~i 109 *108 Pittsburgh Youngstown ft Ashtabula Ry— First (N J) debentures debentures 1974 108% 101% 102% 182% — — April-Oct First mortgage 4%s series A 1958 First mortgage 4 Vis series B 1959 First mortgage 4%s series C 1960 debentures Standard Oil Swift & Co 2s/as debentures June-Deo Pittsburgh Plate Glass 3a debs 1967 Pittsburgh & West Virginia Ry— First and 11 Week's Last Period Exchange Low 100 V* 102% — Interest BONDS New York Stock High 94 *102% 103 Pittsburgh Consolidation Coal— 3s Low RR— General mortgage 5s aeries A 1970 General mortgage 5s series B 1975 General mortgage 3%s series E 1975 Plttsb Coke & Chem 1st mtge 3%s 1964 debentures No. — — i964_May-Nov 3%s Year 1953 100% 100% Consolidated guaranteed 4s ser G 1957 May-Hoy Consolidated guaranteed 4s ser H I960—_Feb-Aug Consolidated guaranteed 4%s ser I 1963—Feb-Aup Consolidated guaranteed 4%s ser J Pittsburgh Cine Chicago ft St Louis " 15 Range for Said High 99% — JANUARY ENDED Friday Bonds Friday's Bid ft Asked Low Phillips Petroleum 2%s debentures WEEK' FOR Range Oct 3% 7% Mar Apr 25% Jan 32% May JW-i$s8T The Commercial and Financial Chronicle... 28 (228) Monday, January 18, 1954 AMERICAN STOCK EXCHANGE RANGE Last STOCKS Range American Stock Exchange Par Brewing Altes 3% Mar Jan cm 700 82% Jun 95 Jan Castle 23% 200 21% Oct 24 % Feb Catalin 10% Dec 16 Ve Nov Cenco 5 Vb 1,700 — — 5 Vb 4% 23 46% __ 8 Ve American Meter Co Co Corporation Central Explorers Ltd Central Illinois Secur 4% 6,700 26 Ya 26 Vb 27 Ve 3,400 Dec 650 20 1,200 21 Dec Jan 25 Jan Nov 3% 25% Mar Dec 6% Mar 27% 21% Dec Dec Central Maine 3.50% Power Ohio Power & Light 4% Steel Jan 28% Jun 35 Dec 4,500 44% Oct 63 Apr Chamberlin Seal-Kap 2 11% 11 11% 200 17% American Thread 5 4% American Writing Paper common American Ve Jan Charis 900 4 .July 4% Jan Charter Oil 300 12 9% Jan 13% Nov Ve" Feb /20% Apr 10% Dec 10% 11% 5,300 20o 3% 3ft 3ft 18,800 2% Apr 7% 7% 7% 1,300 7% Dec 10% Mar 23% 300 Jan 23% 9 £1 — 23 — 15 Dec Anglo-Lautaro Nitrate Corp— "A" Fuel Arkansas Louisiana Oil Electric American Class $43 13 % 9% 17% 1 % div) Corp Baldwin Jan 5% Nov 1% July 77 Dec 1 129% Jun Club Coal Baldwin Banco los Banff Coastal -Caribbean Colonial (The) Sand Dec Colts Commodore Manufacturing Hotel Engineering Gas Nov Jun Consolidated 11% Nov 21 Jan 10% 10% 300 9 Mar 15 VB 15% 700 15 Oct Barium Basic Public Steel Bearings Inc common S) Bell Shoe Corp Aircraft Telephone Benrus Benson & 1 1 , 1 Inc 1 common of Canada Watch Co common__25 300 10% "3 Vtc ext to 5% Consolidated _ _ 700 100 1% «. 1% Continental Cook Paint 100 4% Bohack Sep 100 14% C) Oct 5 2,700 2% 1,200 x36 9% common Cuban Atlantic Jan Cuban Tobacco Feb Curtis Lighting Inc common—T Curtis Manufacturing Co (Mo) • 25% preferred_100 88% 5 2% 1 Co 3 common Co! Works Inc 25 25 % 700 19% Feb 25% 88% 50 84% Jan 92 2% 500 2% Nov 4% Dec 4% Jan 1% Dec 3% Jan Jan Davidson Dec • 5% 5% 6% 7,500 4% Dec 7% Mar 22% July 25% Mar 21% 57/a 10s 300 20% Jan 24 17 4,300 Sep 22 Va dep rets 10s reg British Columbia Power Company common 1 preference • convertible $3 2nd Forman Co Co class convertible Mines & 5% Dec Detroit Gasket 5% Nov Detroit 3% 3% 1,900 2% Jan 17% Dec 7'Ve Oct 5 18 Va 200 107/a 18,600 92 V2 175 • • common 8ullivan__ 2.50 Dec 12% Mar 17 17% 6% 1,500 100 Jan Apr 51 Nov 12 1,300 6% Jun Jan 19 & 20% 11% 11% 1,100 10% Sep 6% Aug 14 % May 13% 300 11% Dec 19% 20% 21% 1,000 6% 6% 100 8% 8% 100 8% 8% 8% 600 12% 12% 12% 500 17 Jan Apr Feb 8 22 Dec 6 July 8% Jan 8 1 1 %> Dec 10% Jan 8Vb Aug 11 10% Mar Dec 19 % Jan Ltd— American dep rets ord shares i Burry Biscuit Corp 3s 6d % A 13,400 ft Jan 2% 2% 1,100 2% Dec ft 12 %c % • 5 Jan Jan A Steel & Calamba Sugar Estate Dome 50c 3 1 Co & Dominion Tar Dominion : Draper Corp ord Ltd Co stock.; Harris Dec 4% Mar Jun Jan Class 15% Jan Dunlop Jun 10% Jan Canada 6 Cement Co Ltd %% Canada • common preference 4ft 23% 5 Ltd 5V2 ft 24,900 3 V» Sep 6% Jan 23% 350 20% Jun 25% Feb * 73 Va Jun 9~l" 27% Jan Sep Dec 8% ~9Ve 13,200 2 5% 4% 5ft 30,600 • Canadian 29'% Dec 29% Dec • 50 Aug 50 Aug 1% Industries preferred Canadian 1 common Carey Baxter & Kennedy Carman & Co Carolina Power & Carr-Consolidated Carreras Inc Light 1 * $5 Biscuit pfd Co 1 dep rets A ord American dep rets B ord footnotes see page 31. 31 % Mar Sep 40 8Va Jun 11 Jan 10 26 1 Jan 100 7% 2,400 8 17% 17% 17% 7 7 81% 77% 82% 1,800 Nov Jan Oct % Jan Dec 10 Vb Jan 9% Feb ft 8% 7 Sep 16 Va 18% Nov Jun 1,000 4% Jan 6% 35,x0j 67% Jun 76 % Jan Jan % % 4,800 % Apr 1 Va 6 % 6% 400 5% Dec 7% 2,300 9 Sep % 10 Va 10 10 Va 15 14% 15 150 2 2 300 2 20% 21% ♦ 21% 144 144 1 11% 7 7% Jan 500 19 Dec 27 Jan 10 147 Dec 180 Feb 8,500 * 6 % Nov 12% Feb 25 Nov 6 5 13 13 13 Feb Nov 2 Va Sep 14% 7% Jan 15% 13 Va July 1 Va Nov 50 12 V* Feb Oct % Jan 16% Mar Nov 6% 6% 400 14% 14% A 5% Sep 375 14% Dec 27% 6 6 Va 6<i x5% Jan 6% Feb 1 Va 1ft 600 Dec 2% Feb 28 28 28 1 150 5% 5% 300 16% 5% 16% 300 135% 136 - 70 1 27% 5 7% Mar 33 Oct Feb 7% Mar Dec 14% 17% Mar Jun 145 Dec 135 Feb Apr 13% May 11% 24% 600 ~1% ~1% 11,600 24% 24% - Nov Sep Dec 3 % May Sep 29 Vb Mar 10% July 500 1% 1% "l% "l% 1% 12 % Jan 20 1 . 2% 3 Sep Jan 2 Va Jan 1 1 * 9'/4 Jan 12 15 % Sep 25% 4% 3,100 5% Va 300 900 4% 6 6% 6,800 * 1 3% Feb Dec Jan 8 VB Mar Dec 5% Aug 71% 11% 11% Dec 82 11% Feb 300 10 % Sep 16% Jan t7% Sep 9% Apr 10% Jan 6 Vb Jan 7% 8 700 7 Va Nov 6% • 10 2% 11 22% 7 3,400 4% Jun 30o 15% Jan 19 400 29% Jan 47 Sep 15 Nov 20 Mar * Inc! Jan 11 21% 22% 6% 19% 20% 45 43% 45 16% 15% 16% 9 8% 34 33% 41% 9% 9 1,300 4, you 7% July 7% Mar 10 % Dec Oct 34% 250 32 Aug 40% Jan 41% 200 32 % Apr 39% Dec 9% 6,800 8% Dec 17% Jan 7% Dec Laboratories— 1 common 10c : Co 9% Ltd— dep rets ord reg Duraloy (The) Co Durham Hosiery class B common 3 Ve ~3 Ve 200 5% May 2% Sep 8% 8% 125 7 £1 1 * , 4% 14% Dec Test Corp common ~4% 5% 7,900 Duval Sulphur & Eastern Gas 4%% Potash & Fuel prior 3V2 Jun 82% 5% Jan States series 7% 7% 100 5% Sep 8V2 Feb Common Dec 4% Jan $2 82% 1 20 10,000 106 26% 15 Va 83 Mar Feb Apr 9% 9% 8,500 63% 425 25 * —• B 80% 111% Eastern 4% 24% Jan Feb Sep 6 % Mar Sep 33 Va Mar Associates— shares of beneficial Washing Jun 114 Va Jan Electric 2V2 Jan Electrographic Bond Machine & Share Corp Empire Millwork 1 Mar Emsco Dec 13% Jan Dec 74 Feb Dec 30% Mar 5% Sep * 8% 8 8 147 147 25 128'% Jan 165 Mar 137 134 137 50 116 Jan 150 Mar 22 Ve Dec 32 P|eb 2,000 22% 22% 22% 100 * 13 12% 13 Ve 800 5 20% —1 class B common common Empire District Electric 5% Apr 9 60 % 23 % — 14% int—1 10% Mar 24% 30 preferred Easy — Sugar 7/a Dec % 1,000 62% A series Nov ft 28 9% 1 preferred Sep 12 Va Oct 25% 62% Iron preferred 23 2,000 73 Va 28 common—10 Corp $6 50 13% 110 1 __ 100 Assn $7 23% 13 350 • Co preferred Malleable 2% — —1 6% Mar £1 _2s 6d ft * Rubber 23% 13% * Ltd— American For ~5 2.50 common 100 11 9% 10 Eastern 5 19.50 11 ft Co Eastern Marconi City Products Capital Transit Co Co Sep 100 Capital Carnation 2% Ltd— ; Feb Dec 19% 12% Mar 9% Canadian 7 29% Mar 5Va 1 Dredge & Dock Co Ltd Feb Sep 8% 350 9 % Co Ltd American Duro — Canadian Atlantic Oil Co Ltd Canadian Canners Ltd common vtc Oct 1% Dec ■ 20 Southern Oils ft Jan 7% 4% July 5 200 Co DuMont (Allen B) Sep Ltd 1,300 32 common common Power 7ft Co 500 21 % * 38/a Bread 900 * Chemical & Brewery Ltd Dragon Cement Co 8% Canada 2,200 % 20% Dow 5,700 5% 8% Mar 5% 31% 1 5,700 1 14% Mar Dec 6 V8 21 Douglas Oil Company n% 5 35% Dec 6 % ft 2.50 common—; Coal Textile 10% Co Sep 9% 5% 4s 1 reg Ltd Corp Steel 10% Gas 22 % 600 3IV2 1 common— Finance Dominion 10 Ve Oil & 3,500 2,500 1 Bridge Co Ltd 10% Insurance 7 5% 25c Dominion 10% Fire 11 % Mar Ltd— Exploration • Calvan Consol 24% 6% "ft 10 Ltd dep rets ord (The) Corp Domestic • Camden 23% 10% 1 Co Mfg American Dobeckmun Calgary & Edmonton Corp Ltd Power 1 1 Foundry Oils Co Diversey California Electric Feb Aug 5 Raynolds class B_— Distillers Duke common Jan 14% 1 100 Products.-.. Devon-Leduc Driver 4 c Products 15 % Jun ~7 50c common Drilling & Exploration Co Cable Electric Oct 11% 1 35 Manufacturing. Hardware Detroit Devoe A •. Iron Gray Nov Jan 5% 5'ft Aug 50c 9 19 87 13% 11% — 10 preferred 3% Aug class class July 10% ' 10% 2,200 10c common.: Mfg 4% July 100 • preferred 60c 6% 2.50 B Line 7% 17% 4,500 13% 1 debenture 1,000 47 10 1 common common Budget Finance Plan Stores Dennison 57/a 91 10% 1 Junior preferred Ltd Dejay 5% • : Distillers Rubber Pipe • common preference cumulative Jan 18% . 14 Va 13% 1 ; Daylon Rubber Co 5>/f 3% 13% 13% 2.50 Inc Inc.! Mines Detroit ord Brown $5 Mar Day Brothers 57/a 10s May 14 2.50 5 Daitch 8% bearer : Crystal Dairies Inc Davenport Hosiery Mills— 11% 6% reg II Jan 3 5,900 ord Sep 5 ... 100 8% ord common 900 7% Ltd— _ common 2 Ve 22 rets 21% Mar 8% 10 Sugar 3% 21 rets common 3 8% Co Oil Refining preferred 2% 20o Sep 400 9. 8% Dec 2% Sep Aug 88% - Light & Pwr ord—• Oil Celanese 10% Mar 8% 16% * partic Jan 21% Burma Co "A" 16 21% Hill Drug 8% Aug 800 1,600 5 (Md) Internat'l Sep * 9 Ve 25c Petroleum Cork 8% 22 Bunker Crown-Cent Crown 500 common 15% May 9% Nov 21% 1 10% & Co 3% Aug 10% Dec 9 Va 1 10 • Buckeye Company 10% • Mills (The) $6 cumulative (E L) Crowley Milner & Co Crown 10% 400 34 20% 5 Crystal Gas Bruck Croft Dec Oct 11% 14% May " Dec - 9'Va £1 , Feb common Bruce (ord reg) — Oct American Brown dep receipts Petroleum 12% British American Tobacco— 4% American Creole Mar Dec 11% Sep 21% * 13 3% 11% 1 40% 9% Jan A 51 50 Jan 4% common class Jan 10 21% 1% Ltd— Jan British Brown Reynolds 10 % Traction American & preferred $1 Courtaulds 36% 10 14% Aug Sep * Sep Oct 5% Jun 16% 800 5c — Apr 6 % Mar Sep Inc Jan Vb 17 10% 1,600 4 * 150 Gear dep dep 16 •; 2,800 18% 4 * 1,400 • Amer Corroon Feb voting 10% Light Co Brillo Manufacturing Co common British 6 Va Jan 11% Jan 2% Mar Jun Co non-voting Cornucopia Gold Mines Coro Nov 12% 17% 4 -- ~ • Machine Co.. 42 Scrymser Bourjols Inc Amer 8% 12% 18% 1 B Oct 11% Mar 31 12% 16,100 Distillery Ltd— A Class & Varnish 10% Borne Bridgeport 2% Foundry & Corp.. 40% (S) Corp 3ft July Dec 6,700 41% Feb Oct Oct Engineering—1 Corp.. 1 Fdry & Mach Co com.* Blumenthal Breeze Dec 14% 40% 3 prior Corby (II) & Var 10% common Brazilian Jan 15% 4% 41 5% 10 17 1.25 42 Blauner's Foote Mar 8 5% • Brad 4 Oct 13% 13% Jan 100 10 Inc 1 common common Black Starr & Gorham class A (H Lines Jan Sep 9 Sep 21% May 1% Mar 1,600 5% Jan 5% 6,600 24% Royalty Air 13% Mar 18% Sep July 15% , 35% Nov 11 1 Mining & Smelt'g Ltd Oil ; Consolidated Aviation 4% 11,100 31 5% —- ' — 6 10 Sep 4% 36% ——* Commercial 1% 875 5% 31 — 24 Va 2% Corp——50c Utilities Car-Na 2 9,100 3% 9% 10 ■ — 2 10% Mar 11 1 4 Inc Birdsboro Steel 5%% 1956 Continental 2% 6,200 1 Inc Hedges Bickford's 1 50a Instruments Bellanca 3% 1 common Beau-Brummell Ties "iii 2 1 Inc__. & Co (A "2% -• Corp (L) Service Jan 6 ft Oct 6 50o Refractories Beckman 3 11 3 Sep Compo Shoe Machinery— Class Light & Power Ltd Baumann Eeck 4,300 Jan Apr 10 Liquidating 2'/a 2% 5% 1 Consolidated 100 26% Oct 7 15 33% 10- Inc Consolidated 2% 17% May Sep 10 Co Mar Community 31 Jun 2% ——1 Co 5% May — . 11% 100 1,700 Apr Jan 9% 36% Inc Stone 4 Andes— Barcelona Tr Fund & Jun -lo Corp ~8% .* Airlines Colonial Continental shares 12% 5 10c vtc Dec 15 8% 42 Nov 1 Oils Farm Equipment Co— Development ordinary 8 Va 11% 12% 12% * Co Cockshutt Continental Ltd Oil common Products xl% 11% Securities de American Corp Aluminum Dec 84 24 Sep 8% 600 Clinchfield 200 11% 40 1,700 22 Va Mar ft Jan 1 Nov 5 53% Nov 23% May / May Dec 21 31 Feb 4,800 1 18% 500 7% Jan common 300 23% 7% May 1- Manufacturing 7% Company Rubber 18% 22% 800 8 Baker-Rau'iang 18% 23% 8% Lambert Sep 4 Feb 8% Clayton & 5% 4 Ve Dec 1 Va Dec 6,200 4% Jan 26 3,4 Dec 12 6 1 74 Feb ft 250 Bailey & Selburn Oil & Gas— A Sep 22 % % 12% Continental Class 65 lU 100 600 71 26 14 12 Va 5% 15% 250 69% 25% ■ 5 420 Jan • . 69% 25% r Hosiery Co Jan 2% 3 common 11% Mar Claussner Jan 1 preferred Voting Machine non-cum lft July Oct Dec 2% 9% Sep 7% Jan 116 Va 2 1 1,200 Sep Sep 9 Jan 19,100 4% Dec 2 7% 1ft 9% 3 80% 9% Dec 1ft 9% 14,400 200 2 4 ' 1ft 4% Dec 600 1 - 18% * 93 1 Inc Jan Feb 650 1% 7% 6 Jan 600 85% Co. 90% 1% 9 Va Mar Dec *- 93 1% Sep 4% preferred———50 6 Products Collieries 83% 85% 1 50 6 Va 400 4 Neon Feb 3,700 6 12 Va 104 t—• Co 37 36 Oct 7% 6 14 _• Jan 90% 5% 6% 5 Ve _ 4% 24 Va 2,500 "lVe Mar 1 117 »/a 7% 5% — 9 1 Jun 1,000 16 17 Ve Jan Inc 19% July 8,800 20% 7% Clarostat Manufacturing Co— 45 Ve 8% 20% Controller Jan 200 - .. Co L 10 9% Claude 24 % Mar Jun 15 Clark D Dec May Jan 10i 114% Mar 9% — • Corp Non-voting Ayshire 3,400 warrants Steel Automatic 16% Corp— convertible • (The) Colon Fisheries Line Plywood 15% 50 2.50 (ex $41 arrear div) Coast Automatic 16% 22 Va Mar Oct 7Va Jan £1 arrear Coast Atlas 9,900 Oct Apr 4»/a% Clark Colonial Atlantic Corp 14% * America of Atlantic Atlas 8% 98 Tel— & (ex Class A 12% • dep rets reg Tel A 37/a 90 9% May 4% Apr Dec Industries— Associated Laundries Associated 800 13% 5 Co Gas 47/a 100 10% 105 % 107 5 Corp Equipment Corp Associate 4% 10 Ve 10% 107 1 Arkansas Power & Light $7 pfd Armstrong Rubber Co class A 4%% convertible preferred Aro 7,400 4% 1 1 pfd__100 Angostura-Wupperman Apex-Electric Manufacturing Co Arkansas 5% 5 5% 7% 9% City Auto Stamping i.» City Specialty Stores Inc common.4—1 • 2.40 shares Appalachian Elec Power 4%% Argus Cameras Inc 10 -1 Mining Gable 300 __ 7% — —— -4 Circle Wire & / dep rets reg—— 8 ' 1,1 Ltd Consolidated 30 „ 5 Chief 6% Jan 9 9 - .10 common Co 5% July 2 Corp 5% Mar I 74 6% 1-of Jan 7% _ 10 Co 6% Nov 80 10 .50-- 31 25 54% Anglo-Iranian Oil Co Ltd— 10% Mar 75 17% Mar Sep 4 100 pfd common America 25 35% ■ Dec 14% -1 Products Co 33% Mar 33% U% Jan ,_2 48 5 79 Inc_ 33% Products Jun 29 % 74 Century Investors 35% Post Feb 67 28 % 100 Central Century Electric 52% Amurex Oil Development class A Anacon Lead Mines Ltd 24% 200 15,500 Co— Central American V Corp preferred 10 Anchor Aug Dec 25 4 21% Oct 22% 4 29% Mar 6% 4% 12 Dec 43% 22 Vb 5 4% Mar 26 600 Natural preferred Sep 15 % • Republics common Sep 3% series Potash & Chem 5% Oct 3 Va 1,800 $1.40 22% __ 3 6,800 4 preference 4% pfd—25 2,800 4% 4 series American 6% 3% 4 $1.50 24% cl A conv—• 3% 4 preference American Co 3% 4 Conv American Gas 6 Conv 12 % Jan 5% 1% May 48% 5% 15 % 1% Jan ! High 7% May Feb 3% Sep 5% Sep • Maracaibo Low 5% 15% Oct May 24 Sep 20,700 20 25 Laundry Machine Manufacturing Co com American Range for Year 1953 High 1 1 125 8% Shares 10 Co % 19 — 47 for Week 1 * America of Range of Prices Low 1 1 • 1 American 5% Aug Jan & M) Corp ; common % 1% — 3% 100 23 1 1% 25 Co (A 95% pfd conv Products 23 Inc Rubber Hard Carter (J W) Co common 92% common Industries Air Filter 5% American 200 23 • 250 18 SAmerican Bantam Car Co class A—1 American Beverage common 1 American Book Co 100 Industries Ambrook American American 3% Last Sale Price Par 95% 100 • Aluminum Aluminum 3% — Range for Year 1953 Low High High Sales Week's Friday American Stock Exchange Casco cumulative preferred Goods Manufacturing $3.75 Low 1 Co America— 15 STOCKS Shares ol Co Aluminum JANUARY ENDED lor Week of Prices Sale Price WEEK FOR Sales • Week's Friday Corp Manufacturing Co pfd 100 1 5 Oct 30% Mar 12 Ve Sep 16% July 20% 11,100 18% Sep 14 14% 1,800 10% Jun 14 Ve 102 102% 70 95% Sep 104 V4 Sep 9% 19% 6 17% 17% 100 17% Oct 28 Va Mar 23 Nov Feb Jan July Number 5291... The Commercial and Financial Chronicle Volume 179 29 (229) AMERICAN STOCK EXCHANGE RANGE Friday STOCKS Week's Last American Stock Exchange Range Equity Corp preferred— 1 Esquire Inc ■I Eureka i Eureka 214 33%, 33 10 common 47/ft 32 600 \'0 ft 5 19,600 ft 23 Low 1% 400 ft — Line Falrchild Camera 400 18 24 393 High Sep 2% Nov 35 Sep % Aug Va Dec 16% Kawneer Kennedy's Federated 1 Fishman I Flying i Ford i Co Line Motor Ford * of Motor 800 2% 19,400 • 32*% Mar 4ft 5,000 3ft Sep 71a 62% Jun 75% 3% Sep Inc. 9% 1 6% 72% 67% 72% 71 77 6% American I Fort Pitt i Fox I Fuller 1 Brewing—.; A) Co—> (Geo Gatlneau 5% Jun Oct Power i Co 1 73% Mar 5% 1,900 * * % 3,600 43/, 4% 4% * 5% ft 10% 10% __ r-5 ft, ' __ ' 3% Jun common —• common Acceptance 190 3% Dec 7% 4% Dec 8 General Alloys * 100 10ft American General dep rets Finance ord Corp General Outdoor * 5% General convertible Public $5 _25 pfd A Gilbert 7 $6 Gilchrist * Alden Globe Class 1 ! , ' ) j « v 200 500 10 8% Feb 24% Dec 9% Aug 34*/4 Mar 108 Mar Jun 9% Sep Jan 2% Hydraulics Freehold 2% Dec 7% Dec 12*/4 9% Dec 12% May __ 12% 12% 200 11% Oct 15% 20 % 19% 20 % 200 16% Oct 22 7% 7% 20,400 6% Sep 11% 12% 12% 12% 700 10 % Dec 13% Mar 24 23% 24 1,200 22 Jun 27% * — 40% 42 180 • 33 32% 33 130 62% May 54% May 86% Mar 35 Jun 31 Dec 73% Oct % 6 23% Feb Mar Jan 1 % Mar Sep 27% Feb Oct 27% July 400 5% Jan 900 12% Sep 170 135 134 135 8 Mar 21% Mar 171 Haelan , Hall ; , .3 f Laboratories 135% Apr Sep Sep 17% 18% 4,100 12% 6% 14% Co Bridge Ltd ; i Hathaway Havana J t , t ; common Helena common A j Heller j 2% Mar x21 5 % r/c 4 r,e | Higbie ; t < t Mfg 5Ve Hoe & Horder's 2'/8 1,000 23/4 200 21% 23% 53% 1% 750 8ft Jun Nov Sep 6% Nov 26 Jan & H&rdart Horn & Hardart & Dec "2% 1,700 1% 4,200 3 8,000 300 5 ft Hubbell & Apr Sep 2%. Jan 30 Jan 2% Dec 4% Dec 12% Jan 475 17% Jan 14% 250 13% Jan 27 May 14% May 19% 19% 19% 400 18Va Apr 21% Aug " — — 6% 89 Sep 68'% July — 400 6% 10% 11 12% 2% 12% 2% 12 100 common. 9% May Sep 3% 6% 7T/a 18 Sep 9 Jun Feb 9 Jun 10 12% 1,700 11% Sep 12% Aug 16% Jan 2% 500 2% Dec 3% Mar 12 18% .100%-100% — —5 100 10% Oct Sep 15 Jan 16 Jan 700 50 125% 17% 98 Va 24% 24% 100 25 " 57% 59% __5 59% 14,000 54 Dec Oct Sep 30 Oct 3 400 4% 500 4% Nov 5 Hygrade Food Products 3 12% 500 12% Dec 13 2% 23% 107 4% 3 47 152 Sep * Securities Feb Sep 42% Sep 18 % stock—* Manufacturing Co Jan 1,300 r 100 Inc Feb Nov 11 15 ♦ 99 72 7% 12% —♦ .. xl7/a ±=r——-—— • common Sep 74% Dec* Feb Feb Jan Mar Jan 4% Mar 5 16% Zinc Co • 14% Imperial Chemical Industries— American dep receipts registered—£1 Imperial Oil (Canada) capital stock—* __ Insurance Co of North International Cigar International Metal Industries 1 International Petroleum i International Products ' International Investors Iowa 3.90 Vc Ironite 12% July 8 94%' 84% 86 6,300 800 100 20 Juri 27% Nov 9% II II II 20% ♦ 19% 21 n 10% n% 2,000 VA 3% 3% 1,100 1 3y8 3 3i/8 1,400 100 Manufacturing v t c 1 6% May 7% 37 11% 7% 83 Jun 100 77% Dec 100% Oct 84 * 84 10 __ 1 6 84 10% 6 6 25 Jan Dec Jan Oct Oct Mar Jan Mar Jun 32% 18% Sep 30% Mar Apr 13% 10 3% 2 10 80 Jan Nov Dec 3% Dec Sep 5% Jan Manischewitz Marconi (The Jeannette Glass & Jupiter common 33/8 1 Communication Marion , " Power May 84 Jan 600 9% Dec 15% Apr 800 5% Dec 12 Jan 33/i} 3i/2 400 2% Oct 5% Jan Aircraft G) (A McWilliams Mead Motors 3% 400 1% 14,300 ~1% 15c Kansas Gas For & Corp 1 Electric/4%% footnotes see page pfd 31. 100 Dec 9% Feb 9% 400 7% Apr 10% Aug Jun 16% 5% Jan 7% Dec 4% 3,500 2% Sep 4% Nov 3% 100 3% Sep 4% Dec 3% Jun *' ' 14% • — 3% 3C0 2,950 20% Jan 4Vo 500 4 Va 6% 150 5% Oct 3 — 11% 50 2% 43 % May 7% Feb 6% Jan 45 % July 38% Apr 45 10 Dec 700 2% Oct 37% Mar ... 11 »- Dec 6% Nov ' 41% 4% 18 2% Dec 13 Va May Aug Jan 2% Dec 14% 51% 11% 10% 11% 11% 23 22% 23 15% 15% 33 33 24 24 55 12,000 a. 11% 41% Apr 517/s Aug Dec 22% 54% Menasco Dec 26% Nov 9% Dec 15% Feb 600 1% 2% 2% 112 31.890 . 2% 10,800 Feb 40 Jan 3% July 14% Jan 4 Feb 3,500 8 23% May 500 7% Oct 10% Jan 700 9'/a Dec 11 Dec 19% 19 Va 19% 2,500 16% Sep 24% Mar 22% 22% 23% 450 13 12% 13% 2,800 15% 15% 16 2,400 2% 2% 2% 3,700 2% Aug 4 % Mar 6% 6 61 n in 43,900 3% Nov 7ft Dec 26% 26 27% 5,100 9'% Jan 29 17% 16% 18% 9,400 11% Sep 21% Mar Dec 7% Aug 22 Jan 9% Sep xl3 Jun 26'/a Mar 15% May Dec 15% Corp— — 1 Corp 25c common preferred 6% 57% 15 Inc 7 1,000 6 55 57% 57% 10 2% 2% 400 1 Corp 60 Jan Jun Dec 3% Mar 5% 2.50 11% Dec 8 Mar Apr 14 Aug 11% 100 % % 1,200 7% 7% 400 14% 14% 700 10% Sep 14% Mar 800 11% Sep 15% 10% • Dec 13 24 Dec 26% Mar 12 % 10 Corp Dec 2% 1 Tube Hone Midland Oil Midland $2 Steel Co Mid-West Midwest $1 Corp 1 14% 11% xl2 Products— 8 Dec 1 Va Mar Jan 13 7 b'/a Aug Jan Mid-West 4%% 14 5 Refineries convertible Corp Minnesota of Pwr pfd^—100 • 1 Light 5% cumulative preferred 100 preferred series B„100 preferred, series C 100 Monroe Loan Society com class A 1 Montgomery Ward & Co class A * Moody Investors participation pfd—• Morris Plan Corp of America 10c Mt Products Metal Clemens cumulative 4 2.50 Mountain States Power common—7.25 Mountain States Tel Tel Muntz TV & 100 1 Inc Murray Ohio Muskegon Company 29 2% 1,100 1% Dec 4% 1,800 2 Va 4% 11 103% 103% — 95/8 4 Dec 5% Mar 33% Mar Dec 15% xlOO Jun 22 Jan 31% Dec 25% Sep 57% Jan 41 44% 95% 96% 60 60 ~2% 35% 37 Jan Oct 104 25 32 172% 172% -- 37 6/2 17,800 86 July Dec 97 300 Jun 103% Jun 99% 2 */2 Sep 3% 98 70 157 Jun 200 34 Sep 5% 6% 7,600 _3% "3% 100 16 16 50 17% 18 28,000 4% 176 Jan Dec,. Jan Nov 37% Mar 5% Mar Jan 3% July 3-/8 — 17ft 109 1% 106 109 400 5% Mar 3% Mar 3% 15 Oct 14% Feb 96% Jun Apr 23 Jan 17% Dec Mar 114 4% 1% 9,500 1% Nov 28% 600 25% Jan 7% 800 6% Dec 9% Jan 30% 30% 100 Jan 42'/a Jun 6% 300 4% 30% 1% 27% 7% 28% 1,000 6% 2,100 27 Jan 33 Va Mar % Mar 5% Dec 14% 6 50c common 9% 900 30% "2% Jan Mar 3 % Mar 88% -- 2 5% Dec 4% 1,100 104% 104% 31 /* 42 V8 10 Ring Muskogee Co common Muter Feb 28 5 common—2.50 Mfg Co Piston 20% 25 1 preferred Vernon-Woodberry Mills 6% 1,100 11 cumul 4/50% Mt 4% Sep Oct 17% Mar 400 2% 4% • Public Service common Molybdenum Corp Monongahela Power Co— 4.40% 500 5% 24% 25 50c Missouri 4.80% 14% 5% preferred..*——50 Canada & 13% -- 1 Miller Wohl Co common Mining -- • Co Piping Jan « • — 50c Sep 3% Jan 5% July 4 Sep 8% 8 N 10 Corp National Alfalfa Milling —1 Inc Namm-Loeser's Dehydrating National Hess common Mfg Stores common Ltd. & Phoenix Industries Industries Presto National Radiator Steel Neptune Mur 1 1 30c Radio Oil Haven Clock Jersey New Mexico 1A Sep 3% Mar New Park Process York Jan New New York York & Min preferred & Co 12% 1 '•> 1% Sep 13% Jun 16% Mar 200 11% Dec 17 2% Land Co common 111 10,500 2 2% 21,200 1% 10 % 200 9% Dec 13 % Mar 12 12% 300 x9% Sep 13 12 Jun 19% 13% Jan 21 Mar Jan 20 July Apr 28% 1 is lft Dec Jan 3ft Jan 3 Honduras Rosario Merchandise 1,200 500 18% 19% 1,100 17 26 26 50 25 3 49/4 i^8 2kt 3 200 2% Dec 4% Mar 1% 1% 2,300 1% Dec 3 24% 26% 1,000 20% Jan 25% Apr 3% Dec 4% Jan 2ft 22,220 lft Sep 2(& May 117/2 117% 118% 1,870 2 1 109% Sep 2% Jan 5% -- 1 1 2.800 Jan Oct 1 116% Oct Dec Jan Dec 4% May 10% May 1% July 1 25 41 40% 41% 7,300 39% Dec 60% 1 13 11% 13 Va 6,600 10% Dec 23 1 U 1 47% 49 25% 26% Jan May U Dec 4,700 1% Mar 50 41 Dee 62% Mar 9 Aug 10% May 250 25 Apr 28% Mar 7 May * 10 Nov 18% 15% -- ^ 10 July 15% -- • Jan Jan 18 8 40c 20 * Co 12% Jan 3,100 18,300 50c Co common Auction 2% 17 1 Chem Arizona 1% 16% -- —100 Co Zinc Mining & Watch & convertible Idria 8 2.50 Ltd England Tel & Tel— New -- —1 commons Co common Dominion British 6 17% Mar 10 * New New —2 Ltd Meter Le Nestle , 478 1 10 Corp Car Union -- * /8 common Transit National 1 25c Products National /4 4 Machinery Starch National Inc Co National Research Rubber 0% 10c Petroleum National National 1 * National National fi8, 1 Bellas National Fuel Gas Jan 5"% Mar & Co National 5% Mar 105 , shares common Abrasive 17% Mar 5% preferred—* conv dividend non-cum Midvale Sep Dec 34% Sep 11% Middle States Petroleum common—..1 Oct Aug Jan 21 1 Scott & preferred Dec 2Vn 28% 75 11% 10 common Michigan Sugar Co common 3% 95*74 Sep Jun 11% * common Co Participating 22 Va 17% 5 Co Iron Feb Jan Jan 1 Co Chapman Textile 13% Sep 14 20 23 7% 9% 18 100 1 & Warrants Metal 22 8 * Merrill Petroleums Ltd Mesabi 100 2,700 1 & Co Mfg x22 % 10 Corp Dredging Johnson New 1% K Kaiser 4% £1 Shovel— McKee 4%% 3%" 1% ♦ Ltd Jan 1,100 * Ltd Co McDonnell 14% 10c Oils Jan 9 5% * Co Massey-Harris-Ferguson Ltd Mays (JW) Inc common New Inc Kokenge Co 4% 8ep Marine New 1 Co O'Mahoney Oct 5% • Co B) International New Julian 17% Mar ft 4 — 1 Mapes Consolidated Mfg National J Jerry 10% Dec 100 — 1 common Oct 27 13,300 10c Irving Air Chute Jan 20% 17 1,950 Co— preferred Inc 8 92 86 5 Resistance Co Service Iron Fireman 10 94% stock.* Royalty Public 30% 10 • A. capital 2,050 5% 29%. __ 5 Machinery 14% t _ pfd—100 America 13% 30% Imperial Tobacco of Canada. 5 Imperial Tob of Gt Brit & Ireland__£l Indianapolis Pwr & Light 4% 200 1,700 3% 5 Service Stores Nachman common 85/» Sep Jan I Illinois Feb 2ft Mar Dec 6 40 2% 1 10 Feb 6 21% l Oil & Refining capital Hurd Lock Hydro-Electric 12% 13% 5 Baking Co (Harvey) Humble ; Jan 2114 10 preferred * 19 Nov 5% Oct :6% Dec 1% 13% — 2.50 Co 4% 6% 3% — 1 Co 53% Mar 1% Aug 3% Sep 8% 30% Dec 21% • Horn 22 700 _1 (Geo A) Jan 5% Mar Jun 9% 1 Jan 60 - r 14% 3% 550 -- common t 1% July 2% Dec 500 1,100 — Hormel 12 — — 5 Co Public Steel — > 600 — 6% • Maine Mangel Michigan — Inc 11% 4% 4% :10 A Mackintosh-Hemphill 34 10c Hollinger Consol Gold Mines Holly Stores Inc Holophane Co common Feb M 13% 9 A 4,700 — Sep 9 preferred Jan 12% 4 ■ 40 2 Jan 100 class class Corp 10% Products Co Oct Jan 9 — I Exploration (The) Co Bumper 9 convertible (R) Jan 18 4% 5% 1 —— Brothers 1 Co Inc & Michaels 26% 2% 6% 30 100 common il 18% _ 5% 4 Chain Michigan Sep __2 preferred Steel Steel 19% Mar 4 2% — * preferred Hercules t ♦ common Dec 4% — 10 Lodge & Shipley (The) Co Longines-Wittnauet Watch Co Feb , • Henry Holt & Co Co Locke Dec 9 — 5 ; 9% Sep 2% Sep *8 Sep 3,000 p/a g3/4 — 14% — 9% _25c Rubinstein Class 11% Feb 37% Mar Jan — 100 23% 53 1% -- 10c Hazeltine Corp Hearn Dept Stores Hecia Mining Co. Nov Sep * 3,700 25/8 I3/4 —1 Co 1 preferred 1,550 21% — 1 Lithographing x3 12 • 6 5 B 7 Va , l Inc — — 1 -« Groceterias 13% — 2 Bakeries B 1 - University.^——.5 G) (R 14% 2 21% 2314 25 Hastings Mfg Co 2% — 6% 21/3 .—* Co % 14% 600 Dec 3% Aug Apr 1 14% 1% — 34 5 Brewing 8% 200 534 __ 5 cumulative Micromatic Hammond Organ Company Electric Light 2% 1% 1 ...25c 13% —1 Hartford Harvard 5% 6y<! Inc Co 27 1,800 • Feb 11% 36 V* July 9% common 14 Va ' * Lamp Hamilton 12% preferred conv Tourneau Class Dec Sep 1% 18% 5 Alabastine Jun 129% 2% 2 common 144% 70 2% 9c Brewery 400 4,20(1 2% 1 Leases 12Va Liberty Fabrics of N Y Merrilt 168 H 1 Le Feb Jan 16 15% Jan 52% 6 168 .—50c Products Dec 21% __ 100 Inc & 25% * Co 12% 20c Co 4% Mar Dec 35 Tea— Chemical Western Stores Jun 1 preferred 151/2 50c Realty Lynch 500 400 & Lefcourt Lunkenheimer 400 25% Oil 5% cum : Jan 1,800 stock 17 15 Delaware Extension Jun 12% 8% 24% Pacific 2,200 .jl 16% 33%c common 106 2% 10 & i/2 % 15% Machlne-i—i. & of Louisiana Land 9% 2% 8% ♦ common 300 16% 32% Dec 2% Dec 100 934 Jan 8% Jun 33% 800 32% 9 34 1 Ltd Feb 3,800 Atlantic 3 32 % __ * Company Inc MineB Jan 2% 108% « Mines— 2% - __ — Apr 103% j3 Lime 5% 8 A— Salle Lear Inc 18% Mar 10 class Dec 1% July 12 Va May Nov 38% Grocery Gypsum Jan x8% : Griesedieck Jan 1% 50 ^ Greer Apr Jan — preferred Lakes 3 2% 117% _5 Consolidated 1st 12 V* Sep 103 200 38% Great Sej) 5% Mffy 112% July 1 B 25 — — Manufacturing Co 50 Gorham Manufacturing common 4 Graham-Paige Motors 5% conv pfd__25 Grand Rapids Varnish 1 Graj Manufacturing Co__ 5 Gridoil ; 8% 26 % ^.105 1% 1% 10% 10% Goodman 7% , 5 — 99% * class 13% Sep 26% 1,500 5 &' Sessions Loblaw 8% — Mines Inc Sugars Non-voting Oct La Jtm 7% Co Apparel Corp - . _1 Great . 15% r 22% IV* Dec 26 Coal prior 600 ft; 105 1 Gold 300 ny4 5434 7.50 Foundry Lakey 106% " * B $4.50 Goldfield 300 - — *20 common Distilleries Godchaux IV2 1% preferred..* „ Union Dec 11% — * 3 1% — Corp Co Glenmore Oct 9% Sep 1 % Sep — 5 50c Gladding McBean & Co Glen 20% 1% - — 100 preferred 31% - 3434 10 Co.— Stores Shore Lamson * C) (A Lake . 600 .4 .10% - 10 pfd— * common Service Giant Yellowki.'fe ( 7,800 — __£1 reg 5% 6% » ft... preferred Mich -. 1% Georgia Power $6 preferred Gerity . 3,700 1% common..,.., Adv ]. General Plywood jCorp 1 21% 3 j • I General Fireproofing i 21% 4 H .1 Co General Builders Supply Corp com 5 % convertible preferred General Electric Co Ltd—* f L'Aiglon 11% Mar Sep 102% Mar 1, —_ Ltd Co common Corp Laclede-Christy Jan May ' 217/« - 1 Corp. Dec 1% 500 " \\ May 5,600 ■ 100 Mfg Co General Apr ^y2 Nov 5 "ft Dec * t "' ■ M Co Rubber Kropp (The) Forge Co Kroy Oils Ltd Krueger Brewing Co 69% Mar 67 Dec 3 1 G B) Hotels Kobacker Jan 59 4% ' 5% 1.25 preferred Geliman * 10% (I Lamson G ? Dec ;-150 t * Knott Mar 9,000 li Brewing Co 11 27 * 5% deposit receipts bearer (Peter) 5% Ltd— Ford v 14,900 4 • Dec Apr 11 n __ 1 10 Emil) (D Kleinert v 6% • ; , Klein 7% Mar 21% 100 31 50 preferred Kirkland Lake Dec 1,300 900 n 8 31% * common preferred High 27% i3/8 ..5 Lighting cumulative 50c Jan 2,900 4% 4 1 American deposit receipts ord reg—£1 Motor, of France— t *■ County Co Kirby Petroleum 3ft May 71 % 4 Canada— Co & 1953 Low * common (Walter) Kings 28% Mar Sep lft Sep 4% 71 Inc 17 67% 4ft 10 2.50 * Class A non-voting Class B voting * 22% 2 (Phila) Inc (M H) Tiger 22 2ft Ltd Petroleums Sterling 22]/a 25c Association Firth ' Co Kidde Range for Year High n 1 Key Shares 26% __ 5 4% Fargo Oils Ltd I Fire Inc for Week of Prices Low * Kenwell Oils & Mines Ltd Aug lft Jan ft Jan Dec Co Sales Range Par Jan Mar 6 Week's Last Sale Price Kingston Products Instrument— & 15 American Stock Exchange F { JANUARY STOCKS 26,700 33% % Warrants ENDED Range for Year 1953 1 2% 4% Corporation Ltd—_—$1 or 25c Pipe High 2 1 WEEK Friday Shares Low 10c common convertible $2 of Prices Sale Price Par FOR Sales for Week 9 Feb , Financial Chronicle. The Commercial and 30 .. (230) EXCHANGE AMERICAN STOCK • i RANGE WEEK FOR ENDED JANUARY 15 . Friday Friday York Lites Amer 15% Jan 17% 17% 500 15% Oct 19 17% 16% Sep 20 % Mar Products Metal 18% 11,900 1% 1% 1% 2,100 lfs Dec 2% Mar 4% 4% 4% 3,900 3% Aug 5 % Is 1% Central North North RR Penn 100 2% 2 19,800 2,000 4 Shares % Jun Jan 3% Mar 44% Mar Dec : 3V« May Sep 1% 22% Mar 2% Low Corp 4% Nov Jun Jan Mar 92 12*5 Sep 212 5 V* Sep 11% 2 400 1% Sep Dec 15% 15% May Leather 10 150 14 % 14% Dec V4 14% 300 7'A 25,800 "4% ~4% *4% 1,500 40% 40% 41 82 77% 82% 6 7% Jun 7% Mar 15 11% Mar 2 1® — Jan ' 20 — — 6% Sep 5 Feb Feb Jan ft Mar i 17% Mar Dec 14 Jan 4 Dec 3% 22,300 5 9% 600 4- " : common preferred . % % Power Shawinigan Water & 10 3% common Sherwin-Williams 10 10 Shattuck Denn Mining 4% lft 1,400 common— Safety Control Serrick Corp class B Servomechanisms Inc Seton 5,000 7% 12% Corp. Radio Sentinel l'/2 2 Co Selby Shoe High ft 6% Inc Bros Seeman Low 1 6% Airlines General Western Securities Range for Year 1953 High 1% 50o Ltd Oils Sentry Dec 82% 3% 50 Co Nov 1% Dec 39 17 1 Airlines Northeast 700 1% 40 5 Oil— Texas 2% % 2,800 1% 40 Rayon $3 preferred_50 Canadian Oils Ltd 25 North % % 1 dep rets ord shares American North 14 % Mar 1 Laboratories Corp Norden 300 17 % -—1 Ltd— Inc Non-Ferrous Nov 28% 5 common Mines Nipissing 28% 28% * Corp for Week Par Seaboard Sales Range of Prices High Low 28% 1 Pond Niles-Bement Noma Range for Year J953 High Scurry shares Share Niagara Shares American Stock Exchange Corp— Shipbuilding Founders of Prices Week's Last Sale Price STOCKS for Week Low Par Sales Range Sale Price American Slock Exchange New Week's East stocks Monday, January 18, 1954 3% 900 37% May Jan Dec Canada A 65 - Feb 44 r Jun 78 96% 2,700 Dec 8% Sep Jun 105 - 97% pfd—100 4%% Pub Serv 180 98 97 98% Jan 87% July Feb Ogden Corp Okonite Old Company Town common United Oliver preferred Filters class 6% 825 19 July 28% Dec 18 400 15 Sep 18% Dec 24% Nov _3% 21% Co common Publications— $3 convertible preferred Simplicity Pattern common Simpson's Ltd common— i—— Singer Manufacturing Co 2 Singer Manufacturing Co Ltd—1 ; Amer dep rets ord registered -£ Smith (Howard) Paper Mills Dec 95 Jun 300 l\i 19% 20% 8% 80% 8% 6% 6% 4% X78 4,900 . 675. Nov Sep 20% Apr Apr . 63 3% Jun V/i 18 jan 57% Mar 108 84% Nor 200 7% Dec 200 6 200 15 4% 1,500 •"16% Jan Jan 16% Jan 6% Feb Sonotone Corp 4% 1 41 23% Mar Dec 9% Mar South Coast Dec 20% May South Penn 41% 14 52% Jan Southern 19% Feb 1,250 35% Dec 200 39% 14 O'okiep Copper Co Ltd Amer shares.lOs Securities 1 Overseas 13% Dec ■ Soss Oil 5% 15% 34 32% 34 5%% common Electric 6% 1st redeemable 5% redeemable Pacific 1st pfd series preferred 1st preferred— preferred preferred— Lighting div $4.75 dividend cum Petroleums & Pacific Public Service 1st $1.30 Light 5% pfd_ Oil Paramount Park (C A) Pen Class Parkersburg Patchogue Rig Pennroad Penn Jun 31 % 25% Jun 28% Mar 25% Jun 28% Mills 28% 1,300 25% Sep 28% Jan 400 23% Jun 27 % Jan 610 99 91% Jun 90 Jun 101% Jan 630 96 Jun 104% Dec 2 Nov 2% 2% 4,100 8% 9% 13,800 25 Co 23% 700 71 10 1% 1% 4% 15,800 26,200 5 Power & 54% pfd 13% Mar 767 97% Jun 103% Jan 17 Apr 21% Jun Sep 26 % Dec 67% July 1 % 3% 63 Feb Sep Jan 69 Sep 2% F:b 5% Mar Feb 60 4% 100 3% Aug 14% 800 12% Jun 15 1,200 12% Jun 15 14% 13% 14% 14% 14% 5% 5% 6% 5% 5% 200 13% 12% 13% 10,100 105% 150 400 4% Dec Aug July 105 100 3,7001 12% Sep 17% Feb 25 1 Light 4%% Jan 3% May 13 % 14% 2.50 common 6% Aug 102% 4% 14% 2 Corp Jan 90 98% 100% 104% 104% * Ltd Jan 27% 1 Reel. & Plymouth Co Traffic Penn 27 % 2 B Patican 500 1,300 27 53 l 1 2 — Jan 24 1% 4% share—1 Bol A 34% 29 71 71 • Corp class Jun Jan 28% 22% vtc__2 Bol Company Co 30% 16% 200 31% • Amer Motors Chemical Parker 9% • preferred Page-Hersey Tubes common Pancoastal Petroleum (C A) Pantepec 2% 100 common Jun 28% 101% 101% 1 Ltd Power 1.700 13 27% 98% — 104% 1 Airlines Northern Pacific • 900 27% 28 27% 100% • • • $4.50 $4.40 Pacific 25 25 A 34% 33% 30% 29 28% 25 25 preferred 1st 34% '5 14 13% 14 -25 preferred red Pacific 1st pfd— preferred— 1st 5% 6% 4.80% 8 . "5% Pep Water Boys & Power Co 1 Pierce Governor Johnson Gold Ltd 61% 60% 62 2.50 14% 14% 14% Nov 36 Jan 5 Oct 5 July 11% Sep 95 Jun 7 % May 5% Feb 14% Mar 108 Jan Valley Wine Co Polaris Power & of & Lambert Prentice-Hall Metals Preston East 65% 5 34% * 3% 3% Puget 2.50 • Ltd ~g% 1 Aug 17 Sep 25% 1ft Dec ~2% Co 1% 1 % Sep 57% Jan 75 900 28 Sep 38% 6% Oct 2'/a Aug 8% Jan 3 % Mar Mar Jan 11 Brewing Dredging Corp 100% 33 • com common 36% Co Oil Standard (Ky) Convertible Light common & Reading Tube Corp class A Co Standard-Thomson Standard Tube 350 "40 May 600 26 Mar 35% 31% Reliance Steel Co Parts Steel Engine Sterling (J (Hugo) B) Sun Ray Corp Co & (S) Sunrise common Drug common Dec 4% 5% ftov 8% Mar 75 400 Finch Swan Oil Remington Rlce-Stix 33 Oct July 37% 23% Mar Jan 40% Mar 112 Inc Talon Class class B A Co Technicolor Inc common— Power & Thdr Markets Tilo Tishmah Feb Tobacco & Oct Tobacco Security 10,700 1% Apr 2,400 1% Dec 1,400 1% 11 8% 99% 100% 33 32 15'/a 34 6 % II ~~ ~~ ~ % 7% Apr 2,100 8 Jun 125 90 700 25% Jun 1,600 12% Sep 310 22% Apr — 6% 600 May Jan 21% Jan 1,800 41% Sep 100 5% Apr 4% 4% 300 % 6% 200 310 Aug 2% Jun Dec 11 9% Feb Feb 101 31% Dec 19% Mar 37% Nov 21% Gas Elec & 4% 4% 26 8% 1% 26% 300 8% 3,100 8% 23% 1% 57% May 6% F Feb 5% Nov Sep 9% Feb Jan 14% Apr % Dec 21 1% Mar Field 24 Sep 28% Jan Sep 8% 9% Oct 1% 400 23% Dec 1,300 1% Sep 2% Jan Oct 2% Aug 2 % 100 91% Rowe (The) Russeks Fifth Co Ave Aeronautical Ryan Consolidated "io I" 1 common Haynes • Co 1 Petroleum • Ii common Stocks Allied Scullin j "* i (D At For 210 17% 17% 600 20 19% .20% 1,500 34>/2 34 27% Mar 2% July 82 Jun 2% Feb 94% Jan 400 Jun 9 Oct 17 Dec 26 Mar 18% Sep 26% May 13 1/ 32% Dec 43 % May 12%. . 12% 400 10 Jan 14% Mar 12% 13% 1,700 12 Sep 17% Mar Oct 6% Mar 4% 15 14% 2% 4% 15 2% 5 Temper Inc ■! common l i Co -common footnotes see 42% 42% 300 35 Sep 49 Mar 4% 4% 700 *4% Feb 7'A May 400 2% Sep 5 % Jan % Aug 2% Jun 6 'A Apr 3% 4 1% — 1% 3,700 4 3% 2,900 18 50 19% 12'a 12% 41% 43 2,200 16% 13 4% 1 3% 500 2% 500 17% 17% 250 14% 15 30 17% 15 2% 3% 10% 18 3% Jan Jan Dec 18% May Mar 9% Mar Jan Sep 3 % Mar Dec 4 Jan 23 % Mar Oct Jan 9% Apr 28 Jun 31% Jan 16 150 Sep 20'A Feb 400 4% Sep 7% 3 3% 3% 18 6% 1,300 39% 34% 20 600 9% 38% 39% 18 % "9% 18 Sep Jun Jan 1% 350 31 Feb 2% 11,400 31 Feb Jan 4% 8% 400 9% 10% 6% 6 % Jun 13% 8,100 20% 10% May Sep 2% 1,500 20% 3 % Sep Sep 16% 500 2 1% 15% Mar x28% 200 9V2 x9% "l% Sep 2% 100 30% 2% 3% 3% 30 Oct 16% Mar 4 200 Sep 26"% Sep 3% 1,500 18% Jan 7% 400 5 4% Jan 11% 8,000 13% 8% Feb Dec 11 550 4% 17% 43 20% 5,100 26% 4% Apr Dec Jun 12 16% 8% 20% Sep 11% 38 500 26% 5 Sep Feb Jan Sep 9% Dec x27% Feb 39% 5% Dec 2% Sep 4 Jan 9% Dec 16 Mar Jan 2% - 5 300 12 Jan 16% Mar 700 2 Sep 4% Mar 1,100 4% Sep 6% Mar 10% 10% 10% 550 10% 10% 10% 400 10 Dec 15 53 53 53 200 40 Jun 54 Dec 13% 13% 13% 5,700 13% Dec 17% Nov 95 May 105% Jan 23 22 23 1,100 21 Sep 10 800 9% 10 15% 15% 21 15% 23 10 Dec 8% 550 Jan Jan 31% May Sep 13% 1,000 15'A Dec 17% Jan 28 % May 23% Oct 8% 13% Mar Aug 7% 3,100 6% Jan 18% 200 16% Sep 19% Mar 39% 40% 650 35% Apr 50% Oct \i 40% 8% 18% 8 13 100 5% July 6% Dec 1% Dec Co warrants \l Dec Feb 58 1,900 2% Sep 4% 96 % 96 50 85% Jun 97 % Jan Jan ~1% 1% 1% 1,100 1% Oct 2% Feb 2% 2ft 2 % 3,300 1ft Sep 4 Jan 3 3 2% May 4 Jan 5% Jan "4 500 % 4 4% 20,200 3% Sep 19% 19 19% 500 17% Sep 19% July 16% 16% 30 16% Apr 18 * ; Jan 22 4,350 4% 3% 4 * Corp 52 47% 50% ; Inc Jan o Realization of Union Investment Union Oil $3.75 Union of 2% 1,000 3% Feb 3% 500 2% Dec 9% Jan 35% 800 26% Jan 34% Dec 7% Aug 10% Jan 96 675 88% Jun 96 73 - * — 2% 3% 34% 2% 3% Corp Canada Co - ■ 4 Co Jan 1% — California— preferred » series Yards Stock — _10c 5 Corp Chemical Gas of 96 A Products United 1 Elastic Milk 20 34 % 8% Corp— United 5% Products — common Jan Sep 80 Jan 1,800 4% Apr 6 May 34% 250 33% Dec 43 Mar 8% 400 i Aug 13 Jan • common- _50c » Aircraft 94% -100 Omaha United 5% 5% 34% 8 • United Molasses Co - Ltd— V r dep rets ord United NJ United Profit RR & _10s registeied 223 ■ -100 Canal 3% — 223 10% preferred United Shoe United US US $4 Foil class U S and International B _ lit preferred Radiator Rubber United 3% Universal Consolidated Universal Products Co Utah-Idaho Oil .6% ■ 47,500 Jan 3j/4 200 14% Jun 20% Aug 150 52% Jan 72 July . 41% 3,600 30% Sep 6% 1.200 5 Sep 1,150 86 Sep 6% 88% 90 5% 5% 1% u 1% 56% 56% 56 % 100 23% 23% 5% _5 11% Jan Dec 2% July Dec 1% 41% Feb 2 I *7 ' 61 Feb Mar 24% Jan 23% Dec 37% Dec Jan 2% Sep 3% Jan 2% 1,900 6% 700 5% Dec 72% 2% 2% Jan % 50 — Jan 8% 96 % Mar 1% — - 43 % ► Dec 5 1,600 -- common—— —10 Sugar 1% 5,300 1 —- Feo 3% 17% 62% 39% 41 • 10 Jan Jan 19% Mar Dec 1 17% 62 10 Insurance Universal 2% 6,800 _50c — 40% 38% 14 17% —Il : Co common Jun 700 62% _• Jan 13 % • 1 - common Corp 1- 6% Mar 4% 130 * , warrants— Reclaiming Stores Feb 14 Mar 35% 38 37 % 12% _10c — Securities— with Oct 235% 34% July — 37 1 common U S Dec A May 36% 38 . _ U S 100 ~ Special!ies U S * — _ Air Conditioning Corp Finishing Co convertible preferred $5 ,% . ' common- —25 —25 Machinery Preferred % —25 Sharing common 4% Jan *220% 20 " Valspar 43 40 Corp 43 % 7,900 30% Apr 40 Dec 1% 1% 30,900 1% Dec 3 A Dec 4% 4% 100 3% ~2% Sep 7 % Feb Venezuelan 2% 2% 2,400 2 % Aug 3 % Nov Venezuela 15% 11% 1% ~I~~25c Co Inc Steel Jan 8% 5 Trust Tri-Continental True 16% Savoy Oil Inc (Del) Sayre & Fisher Brick 8 Dec 83 23% 600 22% Sep 30% 15,500 16% Jan 29% Nov x3 Nov 5 Mar ' 6t Lawrence Corp Ltd common Sapphire Petroleums Ltd Schulte 91% —~~L25 common S Schick 90 17% 5 Ltd Ryan & 5,600 7% II—5 Inc Corp Oil Ryerson 2% 2% £i Rotary Electric Steel Co— Royalite Sep 13% Ltd— deposit rets ord registered—£1 Amer deposit rets def registered—5s Todd Shipyard Corp common 20 Toklan Royalty Corp 70c Toledo Edison 4%% preferred-*—.—100 Tonopali Mining of Nevada 1 Trans Empire Oils Ltd * Trans Lux Corp 1 Amer Lid— dep rets ord reg Cable Corp common Roosevelt Nov 1% 1 pfd ajn 23'A May 3% 5% 100 % 50c Amer Rome 5 Amer Oct 5 6 23% III Mining Co Valley Gas Co— (Texas Corp) v t, c„ 23% x50 46 1 Radiator Rolls Royce 200 16% 1 1 & Construction Realty 11 Grande Rochester 5% 25c Inc Inc Roofing Jan 44% 8 • Rico Argentine Rio 24% 26% common——20 Corporation Thorofare 12% Mar Sep Dec $4.56 pfd Light Shovel Co common.:.—! Thiokor Chemical Corp—— 8% Aug 14 x49% 5 Inc Inc Richmond Jun * 1 * 5 1 Electric Co common Tampa 9% 3'A July • Engineering Co 26% 22% 8 5 common common 300 1% 22% 1 Arms Inc Corp— 300 1 IHi II & Corp Superior Portland Cement Superior Tool & Die Co 33% Mar Jun 100 43 25c 1 * 1 15 common Supermarkets Jun 22% 24% 3% 1 • Inc Stop & Shop 28% 1,000 24% 19 % 1 10c 1 * 5 Co Stinnes 1,000 26 % 12% 5 Sterling Inc Stetson 32% 25% . 1% * Sterling Aluminum Products com Sterling Brewers Inc 35% Mar 32% — ♦ common 28% Mar 4% 5 Corporation & Co (A) 34% Jan 48 ; Jun 42% 1 Corp of Canada ordinary Thew 3% 19% 10c Electric % 5% 1 B (The) Starrett Stein class 9% - 33 % 10 Co Co & 40% Jan 400' 24% 1 B Products Standard ,3% 9 Viz 15 6.25 B (Robert) 8% Mar Dec 27% 35% * 1 Corp class Common Corp preferred Power Union & Utility Investment A Packing Co common Raymond Concrete Pile common Reis Mar', Dec 46% 26% 1 10 1 10 1 ; — Packaging Standard Standard Texas 2,500 • Rath Shoe 11 5% 28% 27% 20 convertible preferred Forgings Corp $1.60 9% 41 % 40% 33% 5 10 Railway Pump common Standard Unexcelled Reda Jan. Aug. 5% Dec V 500 29 32% 2.78 1 Co Standard Standard Ulen Regal ' 2,700 5% 5% 46 1 * Shoe Corp Stahl-Meyer Inc Dec Nov R Class Jan 20 Jan Dec 28% . preferred cumulative Spencer Trunz Power 4% 7% Dec 600 7% 7% 18% 5% 25 4*08% cumulative preferred——25 Southern Pipe Line 1 Southland Royalty Co 5 Mar 3% 18% 100 3% 10% 11 100 Manufacturing Quebec 42% Dec 75 6 2% 3 • Timber & ! E'dison— California May 300 3 % 9% _1 preferred Pulp Pyle-National Pyrene 7 4 Colorado—- cumulative Sound Jun Jan 200 23 36 36 • % % 4% 3% 110 • Providence Gas il 4 Feb 300 1,090 6 1 of 16% 7% 22% Corp of Nevada Prosperity Co class B Service Jan Jun 3% 3% 22 % Producers Public 3% 13 3,100 34% 7% __ 1 41% Mines 41 % Mar 300 loo America Dome Sep 70% Mar 1.200 66 33% common common of Sep 2% Sep 2% 2 % 50 Co. Inc. Pressed 33 58 1 % 65 % 2.50 1st preferred—— Pratt 2%. 10 common Canada 400 900 26 25 "l% 25c Alexander Corp 1% 1 ; common Mining Co_ Powdrell 6% Scale 6 3% 1 Aircraft Corp doinmon Pittsburgh & Lake Erie. Pittsburgh Metallurgical common Pittsburgh Railways Co ^ Pleasant 5% Mar:, 17% Mar' shares—10s Ltd Piper Pneumatic 5% 3% 26 500 1,650 1.600 6 3% • 10c 1 Amer Mines 3% 3% _ (Mass)—20 Common Pinchin Pioneer 39 % 38% * (The) Pepperell Manufacturing Co Perfect Circle Corp Phillips Packing Co Phillips Screw Co • Dec 4- 5,400 -5'A 5 Not 33 - Feb 36 2,400 12% 293% 12.5 common original preferred 23 cumulative preferred——25 4.56% convertible preference 25 4.48% convertible preference 25 Stroock Penn Jan 4%. Jan > 2,500 - common— Co \ 3% July 5% 4.32% Pacific Gas & 4% Mar-: , ' P Co Can Nov 29% 1,000 5% 15'A common Corp no 33 33 15% 4.88% Pacific Jan 2% 300 3% 3% * —— —— Manufacturing Sep 3% 16% 1 . Inc Omar ( • B—— Olympic Radio & Telcv Inc 20% 60 8% '2% Sep. 44 16% . 1% 250 740 1% v—7.50 25 —_—1 7 Corp common— cumulative 40c Gas— 8,600 47% 46 107 90c Natural Oklahoma 2% 2% 106% 107 % • 100 preferred Ltd Oils Okalta 2% 50e : class B common 4%s Power 29% 17% Simmons-Boardman common Ohio Brass Co 28 18 of Sherwin-Williams Shoe o Ohio 29% Corp of America class Sicks Breweries Ltd— Silex Ind Northern page • 31 16% 1.600 .1% 1% 1% 25,800 1% 21% 20% '21 % 1,700 19% Jan Dec ' Sep : 18% Oct 2 Feb 28 'Jan $4 Vlnco preferred Steel * - : 23 1 Inc Virginia Iron Coal & Coke Co Manufacturing Vogt -5 Co Petroleum Syndicate Corporation 6 1 common convertible Vanadium-Alloys 29% 20c 1 10 * 23 t .'27% 3% 4%. 27 24 % T2%" 130 3% 1,300 300 4% 1,150 27 12% - 100 4% Dec 7% Mar May Jan 8% Mar 24 Oct 39% Jan 11% Sep- 14% Apr Number 5291... The Commercial and Financial Chronicle Volume 179 (231) AMERICAN STOCK EXCHANGE RANGE Friday STOCKS Week's Last Range Par WEEK ENDED JANUARY Shares Low 15 Friday for Week of Prices Sale Price American Stock Exchange FOR Sales BONDS Range for Year 1953 High Low Week's Range Interest Last Period Sale Price American Stock Exchange High W ww Friday's or Bonds Bid & Asked Low Range for Sold Year 1953 No. High Low High Mortgage Bank of Bogota— Waco Aircraft Wagner Baking 1% preferred Waitt Bond & m Co voting ctfs ext.. Waltham Ward Watch Webb Co . common $6 West 1% l'A • 8% 9% % 23,800 12 3A 164% 164 164% 4'A • Ltd— Tablet & Westmoreland Stationery Inc 5'A"fo conv preferred Whitman Wichita (Win.) River Williams (R C) Products Wilrich Petroleums Wilson 5% * Wood Lt, 4'A% pfd Oct Jan 25 May 2% Feb 3% June-Dee ' —. $100 66'A 63% __ $58 65 57'A 101 58 96 , loiy* .r 2008 __Mar-Sep# $36 40 34% 43% $42% —«. 1997 44% 37% 49 40 36% 41 % Jan-July 1997 1 397/a 6%s 39% 40 32 <F — Jan-July Jan-July 5 -June-Dec Si 1919 4 Sep 6% 8 Feb 6% 300 4% Oct 6% 10'A Dec xl4% % Sep 1 2% 2'A 300 1% Dec in year's delivery transaction 32 1 4% 5 129 29% 2l 4% transaction (not . 5 51 3% (not Included 32 8% •' 6% in year's range), d Ex-interest, f Ex-distribution, g Ex-stock dividend, h Ex- included in year's range), (not n Under-the-rule included included in year's range), r Transaction for cash x Ex-dividend, y Ex-rights, z Ex-iiquidating dividend. tFriday's bid and asked prices; no sales being transacted during current week. A Bonds being traded flat. 1 § Reported in receivership. v , Abbreviations used above—"cod," certificates of deposit;-"cons," consolidated; "cum," cumuia* tlve; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "v t c," voting-trust certificates! "w i," when issued; "w w," with warrants; "x w," without warrants. > range), • Feb 69,400 Deferred Oct 100 U 10% 12 a - 3% Mar — — ~"3A 11 9 Mar 11 11 175 Nov 14 98 Jun 105'A 250 12% Sep 15'A 13 13 100 12% Nov _8s 10 £1 _ Ltd • • 1,000 30% Oct Mar listed 8% _ 9 400 — 2 1% — — 6 Stocks- May 8% 10 20 15 Total 10 First Second Indus- Rail- Util¬ 65 Indus¬ Grade Grade UtiK} roads ities Stocks trials Rails Rails lties > 52.55 106.44 98.09 96.56 97.66 Date Nov 3'A Sep -Bonds10 44% May Jan 3 on 30 . 8% daily closing averages of representative stocks and bonds the New York Stock Exchange as compiled by Dow, Jones & Co.: 16'A Mar 33 Averages the are Dec 32% Below Jan 16% Ltd— deposit receipts Stock and Bond ft Jan 16% ——. preference 8 Jan. Jan. trials • 11— * 281.51 95.14 279.87 94.84 52.57 98.14 10 Total 40 Bondj 97.61 2 Friday BONDS Interest Last Period American Stock Exchange Sale Price 9,300 Week's or Appalachian Boston Elec Steel Edison Chicago 3%s Transit Lack Friday's 1st Eastern Gas & Water Ercole N Lt A6%s Nov ex Finland Residential stamped Guanlanamo with A7s ex B 5s Italian Midland 1953 1953 • to mortgage Oct Oct 64% 65 9 60 59 59 1 56 95 95 95 1st and 2%s 3 Mis 3s C series $30 1st mortgage South Western Spalding 6tarrett Gns G) & A7-4s & A7-4s 2nd 77 United 1973 3'As 1970 Electric 1970 1989 5s Dec ex 1 trust $50 51 50 59% 75% 93 $93 $30 6s Penn Traction Newspaper conv s I 82 142 75'A Aprll-Oct $142'A 85% 104 April-Oct June-Dec 90% 100 102'A 127% __ 85% 1 103'A 104 99% 15 99% 5 102'A 102'A 11 104 Thurs. 77, 2 16 14-_ Range 48.36 for 1952 High 49.67 Jan Low 48.78 15 45.06 May 30 1 SEC Index of Stock Prices the closing prices of the common composite and by major industry compared with the preceding week and with highs and lows for the groups - AA \ ■« . 89 222.7 221.0 + 0.8 235.6 202.0 193.2 190.7 + 1.3 210.2 172.4 Goods 249.7 248.8 + 0.4 259.1 194.7 +- 2.0 242.0 194.7 124.1 + 0.4 125.2 115.4 and Service 198.5 124.6 209.0 207.9 + 0.5 213.8 195,0 233.1 225.3 + 3.5 268.3 213.4 Goods Non-Durable Utility 100 Trade, Mining 103 SO Finance 192.4 228.9 101 87 178.4 207.0 Transportation 90% Low' High Change + 0.8 Manufacturing 103% 99 -1953-1954- Percent Dec. 31, '53 193.9 Composite 142% $91 ... Transactions al the New York Slock Exchange $30 148'A 150 $91 74 101 »/2 95 68 130% 74 90 79 99'A $98 $95 65 91 101 y» 101 % 96 99'A 5 97'/a 91 95% 99 % 99 92. 94 104 102% 93 Daily, Weekly and Yearly 95% Stocki 101% 94 100'A $99'A 102 $105'A 107 102 149 Week Ended Jan. 15, 1954 $97'A 99 $101 103'A 90% 93 $90 93 83 $81'A 85 61 United Statu rotai Foreign Bank Government Bond ■< Bondt Bondt Bondt ItlfT Railroad Number of and Mitcel, Bondt Sharei $2,165,000 160 $2,898,000 9,759,300 Tues. Jan. 12 8,814,900 914,400 30,000 104% Wed. Jan. 13 1,419,967 3,195,000 1,104,000 10,000 4,309,000 102 Thurs. Jan. 14 1,525,210 3,231,000 1,163,600 2,179,630 4,350,500 1,006,200 Yi'ooo 5,367,700 7,589,602 $21,756,400 $4,896,200 $76,000 Mon. Jan. 11 4,394,600 98 Total 101% 112% 157 156 160 112 156 1956 Stocks—No. $30 77 93% — June-Dec S. Government —— $39,000 $101,000 $76,000 Bank 4,896,200 $1,632,200 7,168,200 3,631,600 21,756,400 18,088,000 36,109,400 38,500,200 $26,728,600 $19,720,200 $43,378,600 $42,170,800 Foreign Railroad $93 1956 19,013,214 14,672,395 Bonds , U. 1953 1954 1953 7,723,145 7,589,602 of -shares to Jan. 15 Jan. J Week Ended Jan. 15 88% 159 $95 $26,728,600 93 International Feb-Aug •• $25,000 101% $152 Jan-July Salet $708,000 1,214,640 1,250,155 96 Co— and Industrial Total $30 -Jan-July June-Dec I960 94 103'A 93% 94 28 103% 103% 4 76 95 97 104% June-Dec $105 109 105% .Feb-Any 100 100 99% Transactions al the American Stock Exchange 112 101 Union— debentures 49.80 Feb 44.40 Sep 48.09 13 Jan. Jan. High Low The SEC Index of stock prices based on stocks for the week ended Jan. 8, 1954, for 98 93 $102'A 102% Jan-July Feb-Aug April-Oct coupon 5s Wed. Jan. Range for 1953-1954 47.87 47.89 12___ Jan. 85% 79% 92 $100'A 103 April-Oct Corp deb 6s ser A 1963 Washington Water Power 3'As 1964 Western Closing 11 Jan. Tues. V 81'A $90 May-Wop 1966 Wasatch West Date— 1954 1940 coupon 1947 Averages (35 Stocks) Compiled by National Quotation Bureau, Inc. 102 Co— Service Over-fhe-Counler Industrial Stock Fri. Jan. 15 stamped 1946 A7s with Dec l A7s B Aug 1 1940 coupon 1953 Aug I 1947 coupon 1953 ex I. 99 93 Jan-July Feb-Aup Feb-Aug Feb-Aug ...-Feb-Aup _Aprll-Oct with A6%s 97.95 __ 93'A 1998 Electric 3'As Hydro-Electric A6'/2s 98.27 75% 99 7A —„ 3rd stamped 1946—(Hugo) Industries— Stlnnes 75% $98'A 1960—April-Oct 1971 Bros 96.81 106% (Calif)— Corp Inc 5s coll (Hugo) Corp— Stlnnes Temi (A Gas 3s 98.32 97.66 y, 1976 Counties 103 93'A .Jan-July Jan-July 1968 coupon series 3% f/o series E 1978 Southern California Gas 'Southern 98.41 Durable 1976 D — $91 May-Wop May-Wop 1973 rep M scries 2 $104% 107 May-2Vop Sapphire Petroleums Ltd 5s conv deb 1962_Jan-JuIp Southern California Edison 3s 1965 Mar-Sept A 107.92 Jan. 8, '54 Co— debentures series 96.97 53.34 101 95 — Jan-July Safe Harbor Water Power Corp 3s 1981__..May-Wop 3'As 284.49 63 ] 6% 97.89 14 68% Aprtl-Ocl 3'/*s 1940 1 97.71 98.07 91% 1947 coupon 1960 Electric & Gas Co— Public Service 50-year 84 82 1963 Hydro-Electric ex 35 Jan-July with A6'/2s 89% Mar-Wop 1970 A6'/28 88% ctfs 1st mortgage 3s 1971 Pennsylvania Water & Power 3'As 1964 Piedmont 89% 1952 coupon mortgage 6%s 1953 6%s due 1953 extended to 1963 1st 97.87 96.91 97 »A Jan-July A 1st 3'As 91 RR— England Power 3'/4S 1961 Nippon Electric Power Co Ltd— Power 11 June-Dec 1963 New Ohio 98'A Mar-Sept 4% 96.64 98.36 Frl. 1947 coupon 1952 Realization Trust— at 97'A Bank— liquidating trust Valley RIt- Extended 98'A Jan-July Mar-Sepi 1956 33/4S 1940 1 98.19 98.21 150'A May l Power A6%% 130 1993 coupon Mtge Western Nov Nov 98.16 Mon. (stmpd mod) 1970 Hydro-Electric Co— A7s 106.77 107.36 102% 1 3 May-Noe ser Isarco 96'A 102% 1023A Jan-July 1993 A coupon Power & 97.77 52.80 53.06 High 136% 138 RR— 1961 Mountain Low June-Dee Co— 1940 J947 I 96.57 95.88 96.48 Year 1953 Wo. June-Dec 1965 RR 1 98.14 281.51 283.03 Range for Sold High Quar-Feb 1970 1947-1978 3'/as & Bonds 98.16 12 Division— Elec Mlg A6%s with Nov 4s J Fuel Marrelh 5s of Western of Elinirn Green A mortgage 4s series mortgage 4s series A 1st 1970 1998 1 series Authority— & Lackawanna 3'As Aug series revenue Delaware Power 6s 2%s Range Bid & Asked Low Feb 13 Jan. 2% 1ft Dec 106.03 Jan. Jan. Bethlehem 1959 Daily, Weekly and Yearly Stockt Foreign Governments and Municipalities Friday BONDS American Stock Exchange i Agricultural Mortgage Bank A 20-year 7s April Interest ACauca External 5s 7s stamped $93% $93'A June-Deo High Range for Sold Year 1953 I Wo. Low High — 62 93 — 93 $69 68 May-Woo 2%s 20 66,000 $32,000 17,000 rotei Bondt $73,000 114,000 31,000 350,740 46,000 35,000 18,000 99.000 23,000 61,000 54,000 138,000 495,775 178,000 98,000 53,000 329,000 1.930,407 $307,000 $272,000 $174,000 Fri. Jan. 15 69 Week Ended Jan. 15 1954 50 99% 102% 11 88 100% 20 12 17% Domestic 51 43 49 Foreign government Stocks—No. of shares 1953 Jan. 1 1954 $753,000 to Jan.15 1953 1,930,407 2,362,190 3,965,412 5,055,905 $307,000 $245,000 $551,000 $507,000 272,000 234,000 485,000 526,000 174,000 137,000 334,000 472,000 $753,000 $616,000 $1,370,000 $1,505,000 Bonds 2008 1951— Jan-July Mar-Sept $12,000 Bondt 350,852 101 101'A $29,000 Corporate 392,495 Tues. Jan. 12 Foreign corporate 101 Bondt Thurs. Jan. 14 101% 102'A Feb-Aup Government Bondt Wed. Jan. 13 63 — Foretgn Foreign Domettio Sharet) 340,545 Mon. Jan. 11 Loan— AExternal 6'As stamped 1952 ALima City (Peru) 6'As stamped 1958 Maranhao stamped (Plan A)— AMedellfn Bid A Asked Bonds Total. 1955 to Friday's Jan-July 1953 reduced or April-Oct Danzig Port & Waterways— Interest Week Ended Jan. 15, 1954 (Col)— 1946 Municipal 5 "As AExternal Sale Price (Number Week's Range Low Valley 7s 1948 Cons Last Period A20-year 7s Jan 1947 Bogota (See Mortgage Bank of)— Danish J Apr 100 - Nov 1,300 8'/a 6'A 1 common Wright Hargreaves 19'A 12 10% 2 6% 25% Mar Nov 5'A —— 8 American 19% Dec NoV 21 100 __ Woodley Petroleum - Jan 8% * 1 Newspaper Machine (F W) Mar 5 ~5 'A — — Woodnll Industries Inc Wool worth Mar 7% 100 E Jan value, par 23% Aug 13% Aug 21% 63'/a $66 r— — series 3s Odd-lot transaction 17 1,500 67'A ' common & 220 "No e 225 8 2%s $66 ... June-Deq 1921 17% 21% • 1 25 Pwr Dec %s (not 7% to Government principal. 150 .1 . Ltd preferred Wisconsin 169 800 , 1 Inc Brothers Jan A 5 34% May % 1931 Janeiro stamped (Pian A) reduced to 2% 2012 23% 18 1947 6s Interest Nov 26% .8 Co & Willson de fund ARussian Dec 18 1927) Afay-Nov April-Oct Jan 7% 1947 ' 2%s f s 10'A 1 Corp Rio Nov 1% 1927) Chile of (Republic of) Extl 32 25% 8 25 Corp 113'A Bank reduced Sinking 225 18'A 1 .— Co & Oil (The) Inc July Oct 11% 26 3A Stores Jan of 17% —8 —_ Auto Peru Jan Nov ft Sep 4 Sep * —10 White's l'A :189 (issue Mortgage Interest Jan 5% 110 — A May 13% 3% Aug 5,700 — Jan Jun Feb May 11% 11% Weyenberg Shoe Mfg Whirlpool Corp Wickcs is 2% of Mortgage Bank of Denmark 5s 1972 Parana stamped (Plan A)— Oct 10 Aug xl48 4,100 12, 5ft com Coal Westmoreland 5 io 1st pfd ::ioo Maryland Ry 7% Western 5 % Jan 3% 20 3A Dec 6% 300 113% 113'A 113% _10O 1 450 4 pfd Western 14'A Aug 29% 150 ".Tin Jan Jan 900 8% • Western Leaseholds Aug 1% (issue A7s 87/a Mar 112 Jan Jan 3,500 8 100 — Dec | 20% 1,500 l'A Western Homestead Oils Ltd . 23% 8% Manufacturing $0 105 U Dec __ Utilities 7 20 A7s 3% Mar Sep 11% 23 • Knapp Inc preference Texas 100 __ 23 1 1 series Wentvvorth 2 ■ ...30 Inc Corp & 7% 108'A 110 Baking Co warrants Wasatch 300 —i Tiernan & 2% 7% "ioa —. Inc cumulative preferred $2 Wallace 2% • _ May-Wop June-Dee 20 $48% 41 43% 63% 69 Total 31 The Commercial and Financial Chronicle... Monday, January 18, 1954 (232) 32 OUT-OF-TOWN MARKETS WEEK FOR RANGE JANUARY ENDED 15 Friday ' Boston Stock stocks Range of Prices Sale Price Low Par 100 American Tel & Tel cumul $4 15814 xl52 2,708 15% 37 13% 60 763/b Dec 32 330 28% Dec 6% Dec so1/* 899 46 6% 95 6% 245 23 Sep 120 96% 105 87 Oct 81 Va 80 71 Oct 95% 9% 370 9 Nov 13% 595 75c 95C 100 19 preferred adustment >——100 Eastern SS Lines Inc common • National General Electric (The) — Co Hathaway Bakeries— Island Creek Coal Co Kennecott Manufacturing New Apr 533/4 32% Jan 48% Dec 12 29% i5yB Dec 58% Sep 55 17% Sep 33% 40% 150 17% Sep 42 105 17% Sep Jan 5 Dec 25% England Electric System-! 20 England Tel & Tel 100 York New Haven & Hart RR__10o 1414 13% 14% 1,180 12% Jun 14J/4 117% 118% 240 Stone Webster & 2614 94c 1163/4 33% 29% 30% 220 Dec 40% 132 333/4 Sep Sep 30 39% 44% Jan 50% 53% 59 40 Sep 52%. Dec 61%' 61% 62% $12,500 55 May _25 United Shoe Machinery common S Rubber Jan 1.00 May 104 Vermont 3814 Dec 18 Oct 21% Altes Jan 28% Jan 16% Metal 20% Dec 2774 200 24% Dec 37% 11% Oct 14% Apr Consolidated 3,156 43% Dec 58 'A Jan Consumers 13 47% 3814 Manufacturing Burroughs Com Briggs 41 Sep July 105 101 10 53% 796 39% Sep 523/4 Dec 32% 10 32% Oct 65% Jan Range Rights 1 14% Sep 18% 706 6% Mar 7% 36% 798 28 3/8 16% 16% 960 133/4 Sep 17% 60% Friars Shares _ 22 High Low 19% 45 22% 22' 17% 18 25 10% Jan 16% Gar Dec 94% 25 145 23% Sep 27 Mar ; 39% 1,477 23% Sep 27 Mar ? % 31,677 6% 1,000 5% 15,269 24% •ft • 28% Cin. Machine Stock Yard-. Union 22 98% 98% 1,571 , ... 4% 71% 2,233 Great 22% - 54 • 35c 44c Brewing >v>„ ; , * • Gibson Art ~ 18 %,„ 37% __ _ _ 2% Dec 797 9% Dec 6% Mar 16% Mar 23% 377 Oct 27 2% 1,730 23% 55 27 y4 t* Hobart Manufacturing ,55 „ Dec , 48 * . *'59 Dec 30% Mar May Lakes 14 common Preferred 47% 50 » 47 % Procter Gamble. dp Randall -5 class B—->— 59% JUO 18 Jkd > 46% American Telephone dk 158%;'-. Telegraph. Anaconda OIL 9 5 —1 —— * ' 13%- >-43% 3 Avco ■ 34% -)36% -4^10 —. — Co.t (fc 31 60 Mining Armco Steel 60% 5 5 - 15 354 - 12% Oct -• 152% Jun ' . - • 190 32 > 9% '• 125 10 ^ 30% " 8% 11 ... 140 1 5 49%1 Feb Jan 10%' Oct ; 3% 860 3% Nov 7% Mar 8 ! Jan t Feb i 69% 62% 5,014 533/4 Sep 2% 244 2% Dec 4% Mar 6'% 7 960 6% Dec 8% 2% 2% 400 1% Sep 2% Mar i 14% 15 14% 143/4 Jan i 700 11 5,8 11% 12% 4,345 _1 _ . : 1 (B- S) 33% 1 Jan 18% Mar . . m Feb '333 — 3% 150 19% 250 632 3% 3% 150 -3%, Dec ... x ! -6.%- Ji -4 - ■',6 6% - J,,42Q —>5 9 . —T 9 • —-——6 r Standard Tube 'fl4.%,li% _T class JEL 16 19% • _T IJdyllte Corp Wayne- Screw•, i4. 1 i.%..., ,•-•-6% Jan 44% Mar '*** Feb 19% Mar , | |; %•,* * 7 -Mar* Apr! 1% Sep 8% Sep .9%,May 21% -Nov 2% Ja» f 13%, Jun. ,.;13% Sep > 4% -Deo . - 12%163.., ■■t -Mar«. 18%-Dee-' 243. 625 12% .1 - v. -.2,000 16 -4^ . > 5% Jan 1,10ft ..- 4 Sep ' Dee 19 . 250 159 3y» r 3 3% 10 -*Scottejn Dillon Shelier.Mami4acturing. - 300 * . 19 19 3 tr' ^Feb|- 3"% Jan i . 30% Jun 1,25ft ft ■ .— Spring ;>»L -3% Dec > 972. - —1,425 1% IV* ;1% ' 15%-. l,l£ft 15% 15%. 1 r._ *'.33%,.- 3% ^5 .^_>_ 3%—4,- " •33 f 24 » Oct* 4V*. Jan «3% Mar 4 Co 2% .46%- Sepr ,3% • River Raiste Paper- 35% Feb 3 %. No* 3% 18% ;"3% >T r a Feb 3% July 3% >1 tFi££ Bfc Co 2T% Mar - De<? 2 . 19% . Brewing Rockwell 32 • . 100 w_4 preferred—.!. _ & 33%., ;. 2%: « ' 10 Electric Welding— (HW) 200 J2 Parke JDavis Peninsular Metal Prod Rlckel 2% — Jan * Jan Jun 24% 2% ro 1 Packard Motor Car „. Sep 2% 16% 12 Sep 2% „ Jan< 16% Dec 24%. Mt Clemens Metal National 9% 5% 22% 325 .1 Dec 14 - 390 6 6 6 17% Mar 13% Oct 330 14% Riidr ~MAnuf*cturiur■< Jan 43 ./ 4% Dec Sep 2% 76% AU« . Sep Dec Jan 161% -* 28% Dec . 3% 12% Jan i5y« Feb . 99% Dec " 279 36%, 15% 54 y* Sep 43 y4 July , - 116 60% 13% 11% 121 - - 156% tsfty»- > 25 American Tobacco Co_ •13% 4 11% 47% 13-% 11% 47% —10 Cyanamid Radiator 1— 27 % Mar 1,375 15 10 — LaSalle Wines .Pfelfffcr 1 Airlines American Ashland 653 498 Sep 180 4% 2% Lansing Stamping -• Prophet American Armour Dec 22 23% 59% . 23/8 Car !_>■ Kresgfr Co Mar 60 46% Dec 2V* Feb 71% Dec 22 July 2% - 2% King Seeley Jun Sleeks— Unlisted American ' 44% Mar 50 20% 20% 16 Mar; 33% Apr,V 5 228 i 68% 69% 20% , .-12 70% 3 3 -• Meteor / 44% 44% Kroger 468 14% Jan Mar •' 33c 62 V2 Chemical & Murray Corporation Kohn ' Mar 3% Sep Nov 3 % •3% 1 Oil Motor Ironite Inc . .26... Jun 100 23/a IOC 4 4 1 Brewing .Hudson Nov 23% Mar ,3f*4 Nov Sep Mar 35 22 150 15c 15c B Corp Apr 300 15c -- 5 Motors Dec Dec' 2% Sep 2% 2% 1 Industries 46c 1% 23% »1 . _ _ 30% Dec 100 103/„ 2% 1 _ Jan 46c 220,464 6% Feb f 15%. Aug Nov 17% 37% 5 55120 27% — Ins 18% {■ 10 Picher Formica — -- Jan 10 10% 1 _ Kingston Products Eagle — 1% 1% 5 „ Hoover Ball & Bearing -Hoskins Manufacturing-: 78% Nov /...-6% 3% Jan 13 * Sep Dec 102%; Jan - Nov 69 28 13% 13 • Dec Jun i* 35% Jan 1,161 4% 4% Goebel 34% j. 91% July' 125 47% 71 71% 19% May " Jun 17% - 4 47% 10 -• Telephone Cincinnati Transit Cincinnati 21 88% • Milling Cincinnati 21% 100 •26% 40 32 % .8.50 Gas ii Elec. com new Preferred Cincinnati 32% 945 29% 42c 1 Manufacturing General 24% Aug Sep 29% 1 Stove Trailer Wood 6 1.1 Chemical Gemmer Jan 25 Dec 105 59% 39 ' Champion Paper common • Jan 25 1 —1 _ Gerity-Michigan 17% Oct Mar" 59 % : 20 i w Gray Iron Fruehauf Range for Year 1953 High 22% 10 0 Carey Feb 42 Sep 39 % 1 . Federal Moe-ul for Week Low 22 340 7% 25 __10 __ common Bros Frankenmouth of Prices Last Brewing Eurger Apr * 16% 7 25 Paper Power Edison Detroit Sales Week's __20 Aug 3 % % Davidson Cincinnati Stock Exchange Laundry 4% Jan 15% . -- Detroit Steel Corp American Jan 2% 7% • Corp Detroit-Michigan Par 3% 700 36 3/s 16% Rights Mar 51 Sale Price s 2,266 31V4 Mar Detroit stocks High 3% 3% 1 Jan Jun 23% 230 104 32% Friday Low 33/4 * — 35% 800 30'A 37 53 54 Range for Year 1953 High Jan 60 Shares 3 1 Products for Week Low 2 Markets Sales Range of Prices . 3% Brewing Bear 44 29% >12.50 8 Exchange _1 Big 23% Mar 335 22% 104 Massachusetts Ry Co—100 & Westinghouse Electric Corp Woodley Petroleum Co Last Electric Allen Apr 100 4514 5 Co 2-5525 Week's . Par 26% 4714 Dec DETROIT WOodward Sale Price 1914 13 —* Co Fruit 63 Midwest Stock Exchange stocks 19% 5 Drill: Twist United 24 % .American Stock Exckango Stock Exchange Friday Chrysler Union Dec 40 Feb 98% July 8 17% 1674 27% 75% Detroit Stock 21% • Jan 53 Dec Jun 66c 1,900 102 102 Sep 20% 110 95 26 >4 92c • Inc 62% Telephone: Feb Torrington Co 80 Ford Building Feb 19 % 73% Jan Members American U 73 13 '/a May 15% * Feb York Stock Exchange New 263/4 Mar 11 Association 43 Dec 19% 50 Shawmut Dec Feb 75 1714 20% Feb 18 x81 12 50 37 Jan 20 468 17 6814 1814 (N H)„ 21% Watling, Lerchen & Co. Feb 12 Pennsylvania RR 21 % Dec 8% 17% Northern RR Jan 21% —1998 4%s. Trans Dec 100 40 2.50 100 38% Dec 92 % 1814 Norbute Corp Sep bonds— Clnn Jan 462 9 19% 117% 31% • Apr 21 Apr 9114 18 1 Nash-Kelvinator New 25% Dec 66 4614 17 5 Racing Association Narragansett New Oct 14 125 6514 1 Corp— 296 1% Mar Sep Xl7% 1,087 9 —100 Chemical Corp Mathieson Mullins , 41% 5114 45% 91'/a * Maine Central RR common 981 87 % 50c Copper 225 2114 51 1 : 35% 5 Detroit • ——• 1 Stores Gillette 2114 2114 21 5% 78% 34% 12.50 Co >— Jan 1 Eastern Massachusetts Street Ry— Common Sep 35% Jan 914 10 (new) Common 663/4 Jan 96 Gas & Fuel Associates— Eastern High 421 Jan 30 79% — First Sep 1 27 261/2 Steel Low 74% 13% Mar 120 49% Feb July 55 50 Vi 45% Rubber S Westinghouse 129% May 53% Feb 1253/4 126% 100 Boston Edison 25 Boston & Maine new (when issued)_100 Boston Personal Prop Trust * Boston & Providence RR— —100 Cities Service 10 S Range for Year 1953 High 72% • Carbide U Dec (Ohio) _—,— U Jan 94 1 Union Jan 26% Sep 85 30% .„50 161% Jun 15% & Albany RR Studebaker Shares 74% 25 10 —1 J) (N Oil Standard High Low 85 pfd_ pr conv Anaconda Copper Boston Range for Year 1953 High 156% 158% Woolen American Shares Oil Standard for Week Low Par for Week Last Range Sale Price Sales Week's Friday Sales Week's of Prices Last stocks Exchange 11 % Sep |. 1% July ' 4oo, .4" May 15% Mar 17% Mar . ! fx 6%, Jan " 14y»Mar •JJfr May J A»- B & O 100 RR Co Bethlehem m Columbia 51% 52% 35 34% 35 61% 50% 61%.. —10 Service 82% 78% 82% 12% 13% • Gaa . — 45 3/i 100 52% 25 - 430 57% Sep 32% Sep Dec 59% -95 Jan 41% " Jan 95 V* Jan 71 231 Oct Dec 15 Los 95% Mar 12% 97 - 25%, July 19% Dec 10 19% 25 Steel Chesapeake & Ohio Chrysler Corp Cities 19 y« Angeles Stock Exchange Jan Dayton Du 7 Light & Pont Kodak Eastman Electric Co 37% 38% 5 Power 106% 106 47% —10 — 413/4 41% Auto-Lite— 33% Jun 38% 913/4 Jun 107% Range of Prices Dec 12 413/i Jun 47 Yb Dec Sep 50 Jan 38% 66 106% 47 3/8 52 41% • • 39 % Corp 5 Motors Greyhound Corp 3 International Harvester » International Tel & Tel • 61% (Un) National — — ' 29 * Ohio Apr 91% Dec Allied Chemical Sep 69% Feb Allis-Chalmers 50 12% July 25'/a Sep 13% Nov 33 Va Jan 13% 19% Jan 13% 13% 28% 29 If 150 „ 52 Dec Dec 13% 160 10% Oct 13% 57% 58 120 54 Sep Amer Oil — Airlines 20 51% Sep 59% Dec Sears Oct 223/4 Jan American Jun 39% Feb American 543/4 56 26 50% Sep 57% Aug American Viscose 3% 4 45 3% Dec Socony Dec 23% 143/4 20 10% Jan 153/a May 71 433/a Sep 62% Jan 22% 23 135 21 % Nov 29% Jan Sep 58 Va Aug 47% 47% 15 41 Standard Oil 21% 21% 10 20% Nov 28% 60 % 70 55% Apr 61% Dec 100 303/4 Sep 34% 35 Va 353/8 36% 15% 15% 16 28% 72% 723/, __ 5 8 _ (Ind) For footnote! —25 ace 15% a 11% 35 15% a35% a36% 64 y2 41 % . 346 40 13 44% 30 74V* Jan Oct 58 Jan Dec 15% Jan 8ep Sep Sep Jun 13% 14% 528 12% Oct 29% 30% 430 253/4 Sep 1,547 61% 402 '190 15% Dec 49 Aug 35 Nov Steel Armour & Ashland Corp (Un) (Un) * (Un) (Un) Co Oil (111) 100 15% Feb 153% Sep 59% Dec 43% Jan 160V4 Jan 77 V5» Aug 61% 25 0 a33% a33% a34% al5% al5% al5% 12 141/s Sep 25% Feb 50 32 32 625 29 Dec 44% Jan 34% 522 31% Sep 42 y2 Jan (Un)' Manufacturing Corp 10 (Un) 30% 35% Dec 44% Aug — — 13% a29% 9 175 8 3/s Sep 11% Apr 13% 570 ny4 Dec 16% Apr 36 88 Sep 98 Dec a28% a29% 152 33% Jan 8% Feb 26% Oct 5 245 43/, Dec a834 a8% 55 8% Sep a2% 5 3 9 12 34 a93a95% 5 Refining 61% 34 10 (Un) & Refining (Un)»i 1 Atchison Topeka & Santa Fe (Un)_>50 Atlantic i a2'4 5 Jan 60% 8 - Vacuum Southern Company Standard Brands 25 101 350 , 12 a46% a48% High 5% Mar —25 Armco 50% 16% (Un) Anaconda Copper Mining Co 143/4 86 Woolen Co Jan 48% 17% Tel Jan 143/4 16% & 6% 50% * Sinclair SS Tobacco __ a Sep 156%.156% Tel 17 -1.40 Industries Roebuck a36 % 30% 35 — a47% (Un)_* 55 8 __ 10 > Smelting & Refining Avco Schenley (Un)_l American & a 74% 11% 3% 930 5% 74% a45% a47% 14'/a 80 • Corp Republic Steel Thea Para a 1 • 18% 8 Radio , (Un) 39 >50 Oil (Un) Rudiator 18% 33 %c Penn RR Pure Inc — a47 American American Pepsi-Cola 5% :* • Broadcasting 38% 4 ___ (Un) American Cyanamid Co (Un) American Potash & Chemical cl B 18% -- Packard 1 Corp Dye Range for Year 1953 Low 100 3% 593/4 Aug 58% American & Shares High 3% 1 (Un) 39 • Edison 66% 53% 58% 58 * Distillers Ohio 216 616 13% « _ Montgomery Ward & Co Inc National Cash Register 90% 61% 13% * Loew's Inc Artists Pictures 86% 59 y8 Low Par - Alleghany Allied • General Electric General for Week Last Dec 120 Sales Week's Friday Sale Price * stocks 43% Mar Baldwin-Lima Hamilton Baldwin Securities (Un) 31% Sep 373/a Jan Baltimore & Ohio RR 117 13% 16% Feb Bandini 28% 96 25% SeD 29 V* Mar 72% 43 66% Oct 80% 85 Jun Jan Petroleum Bankline Barker (Un) Co Oil Co Bros (Un)»; common.. 13 a 8 3/4 11% Mar 3% Apr 25 3% Dec 100 20 19 20 1,320 18% Dec 29% Mar 5 1 3% 3 3% 2,950 2.55 Oct 4.50 I 13 12 13% 5,830 8% Feb 15 Mar I 12% 12% 410 11% Dec 17 Mar lc 10 4 Apr $ page 41, f Volume 179 Number 5291... Commercial and Financial The Chronicle (233) 33 OUT-OF-TOWN MARKETS RANGE Friday STOCKS - Week's Last Range Sale Price Par Basin Oil Co^ Becxman Bendix Aviation Bethlehem Bishop Oil BlacK kp/4 li% 7,698 14 y8 141/3 141/3 a62 a62% 32 Corp 50c (Un) 1 " 10c Mining ~ Airplane 2 (Un).. Bond Stores Borden Oil Corp l Corp (Un) Broadway-Hale Stores Budd 5 conv preferred Burlington Mills Corp (Un) Canada Canadian Case Pacific (J I) Co Caterpillar Celanese _i Corp (Un) — (Un) (Un) & St Preferred Climax Paul (Un) Gas Commercial (Un) Oil (Un) (Un) 1 1 class A Electrical Erie Radio & Railroad Exeter Oil 7% Apr 41% Mar 13 1,678 12% Dec 46 16% Sep Farmers.& Florida ! Stores (Roberti A Co 1 Public Greyhound Gulf 36% Feb 38% Oct Pure Oil 52% Sep 57% Oct RKO Pictures (Un) 11 7% Dec 10% Mar RKO Theatres (Un) 11% Mar 8>/4 Mar Radio Corp of America (Un) Remington Rand Inc (Un) Republic Aviation (Un)__ Republic Pictures (Un) 9% Republic Hancock Oil a8 85 95 Hotels Corp_l_.__ Holly Development Hudson Hunt Oil Motor Foods * Car Intex OU (Un) (Un) ^ (Un) Martin Apr 106% Dec ,24% July Ryan St 367/a Jan 54 Sep 13% 16 y8 Dec 22% Jan 62»/2c Jan 1.70 Apr 330 Sep 9% 33% 355 Jan Jan May Shell Oil ' Sinclair Southern 1,020 54 24% Sep Sep 29 Jan 45 20" 20 % 501 17 69% Feb ConiDany Southern Railwav 32% 300 78 a77% a78%', a52% 2y4 2%» 13% 13%; „ a23% Sep Aug 12% Jan 160 21% 22% al^V* al9'/4- ± ; „ Mar 2% Mar ---•> 2,126 40 ' 13% 19% TJtar Oil Dec Standard Feb Stone Oil (Ohio) Webster & Sua ray . Aug '"28% Mar Jan 18% Dec ' Corporation common preferred "C" (Un) Swift &• Co (Un) Feb Textron 28% 28% 432 a36% a36% a36% I a55% a56y2-- 71% Aug 2c 85 Jan 1.00 Sep 25% Sep 83 % Mar Inc Trans Assoc World Oil Jan Tri-Continental 33 39 Va Oct 40 Jun Jun 57 Dec 26% 188 13% Dec 19% 1,400 7% Nov 12% Jan 21c 1,600 Jan 44c Mar Union Pacific RR 151 24 May United Air Aircraft 29 Jan 21c 26% 26% 185 700 18% 100 a65% a68% E67V2* 2% 18% __ 20c 19% Sep 22% 2'/a 19 Oct Dec Nov 5% Mar 19% Oil Co of 7 Aircraft • United Gas United States U 635 60% Aug 80% Feb 42 7TB 37% 59% Jan 60 2% 20 389 18% Sep 23 91/* 955 8% Jan 10% Apr •Van 80c 1,200 67%c Dec 1.00 Feb Warner a34»% a35V8 Corp 1 1 (P) Co (Un) Co 155 29 Vi Sep 38 773 19% Apr 29% Nov Co (Un)__ Sep Dec 4% Mar ^1 : 1 26% 13% 14 803 10% 24% al7% 24% 289 24% al7% al7% 18 Chemical Merchants Petroleum 5 Middle South Utilities 17% a41% ,1 1.55 (Un)_ __ 18 V* Mission Development (Un) Mississippi River Fuel Montana-Dakota Utilities see 1% 900 1% Dec 160 1% 1% 24% 8% __ 7% 7% 24% 22 286 7% a80 81 22% 3,416 26 Dec Dec 14% Mar Sep 63% 7% Mar Apr 19 «an 61% Oct 5% 275 a.77 Jun 7 Jan Apr 27% 57% Sep 515 Dec „ 3^ Mar 20% Sep 2,408 9% 21% __ Nov 76% Aug 22% Nov ' 22% — 34% 34% 331 30% Sep 42 — 35% 35% 323 38% •> 38% 38% 1,201 31 Sep 33% Jun 39% Mar 683 22% Jun Mar 36% Mar __ 25% 32% 32% 563 28% Jun 33 __ 267/a 26% 180 26% July 28 Jan 32% 32% 32"% 358 30 33 Mar __ 8% 9% 25"% * 750 26% Feb Jun 7% Oct Mar 13% Jan 47%. July 41% Jun 41 % 16% ' a74 .. Jan ' 1,302 105 159 ' 69% Nof. 68 Jun 75% Jan 31 Sep Sep 38 Feb 20% Dec 27% Jan 20% Dec 43 1 21% 21% 835 17% 2,364 15% Sep 21% Mar 30 21% Feb 22 a21% a21% - Feb 44 487 35% Jan 40% Nov ; 31% 32% 507 29% Sep 37% Jan j« 58% 50% Sep 302 150 79 10 a— 10 20% 20% "20% 150 20 1 Dec 12 13% 27 874 23% 7 100 5 Dec Feb 27 Mar Sep 26 Va al3% al3% 57% 102 — 7 ■ Dec 19% Mar Sep 29% Mar Jan 7 Deo 1 15% 15% 200 13% Jan 4% 500 -3% Sep Oct 17% 4% 4 Va Apr 22 20% 22 2,131 13% Jan 21 % Dec „ • 73% 73% 73% 310 25 39"% 387/a 39"% 3,524 37% Jun alio alio alio 187 106 % Jun 21% 22% 400 21% Dec a45% a46% 10 5 (Un) 1 10 1 __ __ — 28 a5% S Rubber United Co States (Un) Steel 50 590 Oct Dec Mar 14% Mar 28% July Pictures de West a5 28 a5Va 63 July 122 50 4% July 28 243 a5% 84 23% July 6% Sep Dec 44% Aug iter 31% Mar 47% Dec 35% Apr a5 74% 113 * 5% Mar 29 % Mar 7% Aug Western 16% Jun 60 5,000 51 38% Oct 70c Feb 24% Apr Dec 1.50 1.55 a28 a28 53 20y2 20% 150 16% 1 Pictures Water • (Un) Power Co (Un) 21% Mar 18 Wilson & Co Inc 41% Dec 16% 4 (Un) — — 1,155 24% Sep 33% Sep 31 40% 57 350 41 Jan 61 Deo 19 19 100 14% Feb 19 Dec 44 Mar Jan 13% 13% 220 10% Jan 13% July al4 al4 20 11% Nov 15% a25% a25% 86 24% Jun 29% Mar 20 Sep 20 17 9% 100 17 9% 206 8% Sep % "Va Ya 100 12% 53 50% 933 40% Sep 190 12% Jan Apr Sep 12% Mar 1 • 10 16% 53 16% — a8% a8% — 43% 43% 378 — • 50 7% Sep 43% Dec 51% 16% 10 Dec Oct July 46% Mar i Dec 1.75 July 27% (Un) (F W) a25% 50 39% 10c (Un) Willys Overland Motors (Un) Feb al4 * 1 Oils—' Elec __ 5 (Un) Air Lines Homestead — a29'/a a30'/a 57 — 40% —10 (Un) Kentucky Coal Western • Oil Bakers Kamp's Bros Washington Westinghouse 12% July 5 Corp Consolidated York Corporation (Un) 1 a24 a24a24% 85 20% July (Un).—* a39% a39Ya a39% 15 35 7c 8c 3,000 65% 65% 310 20% July Feb Dec Youngstown Sheet & Tube 20V2 a38% a38% a38% 140 35 Jun 40% Mar Zenda Gold 5 a20% a20% a20% 128 18 Sep 28% Mar Zenith Radio Corp Mining Co (Un) 10c • 8c — „ Mar 43% 58% 27 >1 72 % 246 a85% a89% __ !• 210 al37/8 al3% — Oct 35% al37/8 __ 44% 29% Mar 59% Jan ^ 16% 17% — 56 35% a21% 32% Sep a727/a a74% 21% - 36% 26% Sep 49% Sep 1,630 a217/8 a22% __ __ 1 Sep 270 831 54% 56 40% 43% 28% a69%«70% ' 1 20 41 43% 28% , .-28% • (Un) 10 41. 23 49%.Mar IB Radiator Corp 5 (Un) page a39% a41% 1 Sep 50 (Un) Universal Woolworth Mathieson foornot.c8 26'% __ 14 lo (Un)—L—iJL L) • a34y8 18% Jan 9 — 80c 33% 200 4% (Un) <Un) (Del) Jan a3ya 41 a3% __ (Un) Calif common Lines United Corp 75c 42 com Union Carbide & Carbon (Un) 20 . . Dec a20% a20% Jan 9% 2% 8% 23% a20% —1 Century-Fox Film a20V4 a211/4* 1 95 13% 2 Corp (Un) Warrants Twentieth Corn United 1 40 a24% a25% 36% Dec 8 TreeSweet Products Co Transamerica 14 Va . a21%< 16% Mar Jan a25% 178 • Airlines Oct 9l 9% „ Jan 32% 593 23 (Un)— Mar 14Va" __ . 12 • 4c 49 1.50 Jan 53% Jan 38% '38% 7.50 preferred 1.45 ,156 Sep 44% Sep al5% al57/a 23 Sylvania Electric Prod (Un) Jan 8,000 23 72 %c Oct 963 1.75- Jan 54% Aug Mar 47 38% 25 Oil 15% 1.00 Bep 49 Nov 15 Va Dec 40 10 48 19% ; 6% Apr July 28% Jan 39 • (Un) Dec 115 37% al57/8 * (Un)— Studebaker Corporation :(Un) Sep 110 Feb 875 15% .1 (Un) 9% 3o 5% 38% 27 • Inc 13% 1.10 85 5 (Un) 15 ; a6% __ 2 of Calif Co 344 3c a6% 13 (Un) -al2y4 al2% V 13% " 14 ! 4% May Sep Sep 52% Mar 16% __ com__25 Texas Company (Un) Texas Gulf SulDhur (Un) 1.10 Nov 41% a60% a60% (Un) Inc 60 : 2% 540 1,805 • (Un) 35% Mar 43% Sep 15% Brands a56% a57% 1.10 600 20 % a49% • 1,000 a74% a75% , . 3% 48% 24% a60% (Un) Standard OH (Indiana) Standard Oil Co (N J) 26% • 26% Nov 3% a21% a2l% 1 1.05 \ 13%. » 329 19% July 27% Sep '58 5%% 1.00 . Standard 1% 345 a46% a46%. 1 . Slandurd 44% 104 21%' ; 35% Mar 78 151 a22%a23%> a46%. Oct Jun 3,150 a55 Jan 44 a21% (Un) Corporation 28% Dec Jan 19% Sep 20% Sep '*'.« 65 , Dec 29 14 19% — class A pfd._25 Pacific 21% Mar Jan Southern 5 21% Nov 3,500 Petroleum Southern Nov 253 271 48% 25 Dec 3% 4% Jan __ Dec " Oct a22% a22% 25 35 76 2% 3% 25 1,001 Mar 233 150 23 40 preferred 45% Mar 60 Sep 14% 15 Va preferred Caltr 43 44 23 20% 5 preferred Southern 37% Oct 14% __ 5 4.48% July Oct a— 4.88% 59% 69% Mar 10 Feb 55 Sep 49 al9% al9% Mar Feb 75 ' 215 32% 52% Jan 166 20 " 200 35% 700 18% May 59%; Feb Dec 1 Calif Edison Co Ltd Southern Calif Gas 6% 42% a51 23% 59% 5 • Corp Socony-Vacuum Oil Co Inc Nov 3% 5 — 20c Jan 89% 34% a27 class A Dec Sep a51 3% __ • 10% 68'/a a28% a28% a49 1 39% Sep 198 15% 77% Oil 4.32% a41% a42% 5 1 Oct 53 337 1.40 Oct 604 56% Jan 36 56% __ 1 5% 269 a29 July 28% 310 a28% 30% Mar 28% July 30% Sep 88 32% 5 34% 87% ""90. ; Apr 15 Jan 11% Mar Jan 31% / Co.. 33% Jan 11 .a33%a34% — 5 (Un) new 6% 23% 75 Co Signal Oil & Gas Sep a48% Sears Roebuck & Company Inc (Un)__. Dec 8% 24% a25% Servel 14% Dec a26% Francisco Ry Finance Feb a__ 3% 38% Paper Co (Un) Petroleums Seaboard Dec Dec 118% Dec 1 I J'. 110 465 38% (Un) 150 24% 45% Jan a— a4 10%' 68 34% Sep 10 Incorporated Schenley Industries 120 33 % 32% Nov 1 838 67/8. al9% al9%* ; Regis Sapphire Jan 11% Dec Louis San 111 16% 50c Servomechanisms Inc 50 a39y8 a39% 59%: Dec 11 910 .14y8; 6%- St 47% Sep Jan 10 273 a34% • , Stores 2,210 825 1 M 27 42% July 235 1,400 ' 360 355 2% 10 i0c (Un) (Glenn For Jan 91% 100 Jun 362 35 17% • Co Axle 60 70 27% Mar 14% 1 Co & Aeronautical May 14 • Universal Inc Magna vox 16% 160 22% a38% a387/a 1 Petroleum Lorillard Dec a55 2.50 Libby, McNeill & Libby (Un)___ Lockheed 8% Oil 26 Jan 17% 50c class B 16 — 1 (Un) Spring 75c82%c, 90 ♦ • —33y3c. Lane-Wells Co Loew's Rockwell Sperry * County Land Co Kropp Forge Co Co Jan 50 Feb Jun 17% ;_1 Manufacturing Ranch Union Kern Oil 24% Rheem Rice Feb 28 28 71 1 Oil Corp Oct a9V4 32% 7% i Kaiser Alum & Chem common— Kaiser Motors Corp •„ Kansas Power & Light (Un) Lion Richfield al6% al7y8 a78% 10c Jones & Laughlin Steel Lincoln Dec Dec 20% 33 %c. Copper 38 100 45% > (Un) Co—i—. Kennecott. Sep 10%" 10% a28% ' * Co Oil Mar 9% t 10c International Paper Co.<Un) International Tel & Tel Corp Jade Jan 4 7% Aug 30% 25% Sep 67% Mar a51 —1 Tob 63 75% 34% 41 483 2.50 35 *18% 360' J) (R Jun May 127 100 260 a42% (Un) 317 31% * 100 Harvester Nickel Reynolds 30% 34% 30% 28 • Gas & 2,750 59% 25c Petroleum International Oil Tidewater Imperial.Development InternatiDnal Steel Reserve Dec 76% ,* 6% 410 * —6% Illinois Central HE (Un) Intercoast Oct 215 6% . n._12% Inc 27 * a20 24% _5 ; Feb 25% May Dec 10% 1 jCorp 25 10 —JL — . Oct 244 3 A—.—— Oct (Un) (Un) 37% a28»/8 a26%* Hilton Honolulu ' al9% 25 class Sep 7 24% 261 22% a39Va 1 , 5% 153 al043/8al06% (Un) (Un) Co Dec 242 >, • _ Apr 35% a37 1 * 58'/a Jun a9% ♦ Corp (Un)__. Aircraft (Un) Dec Nov 60 6%' a387/8 ip com. 7% 54 27% a7% 13% 20 —, 10 110 281 47% ' 5 ; a8 Dec Dec 76% __ 89 353/3 8.% 29% 39% 27% 3 90 a77/8 6% Jun 25% July 34% Jun a4 • Incorporated Co 300 28 4,080 Pullman Dec 55% Mar 300 10 12.50 32 37'A 5 (Un) Oil Corp Jan 3.75 May 38% 76% - 33%c Feb 47% 10 Gulf jMpbile & Ohio (Un) Corp (Un) Philco Corporation (Un)^ 22% 80c ? (Un);, Goodrich Grumman Co Dodge Sep al7Va • — Utilities (Un) (B F).Co (Un) Goocjyear Tire (Ac Rubber Great iakes Oil Sc Chem 15% (Chas) July 1,392 33 Va __ 50 15% a26 a26% 2 » Gladding McBean Glidden Co Oct a35% : "1 ; (Un) Telephone Phelps 10% 10 , General Pfizer Dec 18% Mar 29 10% 33%c 355 __ 1 (Un) General Foods Corp (Un) j General : Motors Corn common General Dec 41 % a79% a83% — _J» .2— (Un) Co 37% Jun 8% 68% 33% 1 Rexall Drugs Inc 1 Garrett Corp Electric Apr Jan Oct 40% 3414 » — Dec 83% 36% July 51 % Apr 115% 115 % „ 1 Pictures 2.50 22% 3,000 a27% a27% 70 • (Un) (Un) 21% May Jan 35% a7'% a37 Bk_——..100 Tiger Line Food Machinery & Chemical Gair (Un) Pennsylvania Railroad (Un) Pepsi-Cola Co (Un) >15 Safeway 5 Light' (Un)._' & Car Sep Sep July 15% 69 Jan* 23c. Dec 6% 34% __ 4 World 25% Sep 30% * common 1.90 a28% a28% __ 100 Penney (J C) Co (Un) 34 a247/a a25% __ • class , Motor American 520 a7% al06V2 1 Merchants Oil 7% Apr Dec 10c... Jun 350 8% __ 10 common 18% 6,875 4i Jan 393/4 a28% ___25 18% 35% — 4 (Un)_' Flying General ' 3 (Un)____ Power Tel Western Pacttard 213 11 13 ^ 20 % Mar al9V8 10 Co Fitzsimmons & Paramount Jan Aug a52% a52% __ 1 (Un) Phono Pan Sep a26 5 L—I Products Emerson Feb 94 % Mar 36 a77/8 __ 10c (Un)—_ (Un) Gas "A" •>„ 50c Nemours Natural 93% 16% a39 a39% — * Eastman Kodak Co_____ Paso Pacific Dec 202 52 33/8 2.70 24% Mar Sep 54 38% Jan 29 25 Indemnity Lighting common Tel Sep 105 42 700 31/3 __ 25 preferred Aug 350 6% El red 44% 5 1,320 38% __ 25 25 a56% a56% __ 10 de 5% Dec Apr 2,651 21% 56Va a55% a57% __ 40% Feb 17% a8 1 Lines 6'/a 5,620 20% 33/3 5% 54% ai6% 42% 4% Jan 50 69,400 al6% al7% 21% 10 common 230 28c 10 Elec preferred 59 y8 181 a7 al9 4% 47/3 __ Products & ■ 22c * preferred 75 1,097 a6% al8% 22c 1 18% 37 % Air 61 82 al3% al37/8 __ 1 (E I) 1% 33% Sep 5% 35 42 __ 5 5 Eastern Jan * a45 a37% a37% __ 5 Industries duPont 5%% 15% Mar Pacific ' 30% Mar 12 preferred Pacific 1 (Del) Labs 38 y8 al6% al7% __ common..2 (Un) B) Dec Sep Dec 13 a39y4 20 (Un) (Allen 6% Sep 5% __ Dow Chemical DuMont 62% Mar 16% __ Douglas Aircraft Douglas Oil Co of Calif Dresser Clay Sep 42% Jan 22% a6% 1 Phillips Petroleum (Un) Deere & Co Pacific 19% __ l * Publishing Co (Un) Curtiss-Wright Corp com (Un) Class .A Gas lVe Jan 22% 210 21 26 % 100 Finance Pacific 20'/a Mar a377/8la381/4 a37% • Curtis ( Pacilic Feb 6% Mar Oct __ 25 (Un) (Un.) Co Zellerbach Jan 22% Dec 6 50c Continental Copper & Steel Crown 33 19 17 Sep 19% Oct 22 Va 239 18% 21 12% Mar Sep 12 275 18% ji Dec 50 Dec 1 (Un) (Un) Dec 256 16% • Co. 3% 46 Dec 106 26% Co Co 14% 45 1.85 aia Rights Feb 19 __ Continental Oil 10% Rights Motors Sep 26% Oil Edison 50 82 __ onsumers Continental Ohio 94 59% — * Y N 6 130 82 v * (Un)__ of Oct 100 a45 173/3 (Un) Co Oceanic al9% al9% a377/8 gonsolidatedPower (Un); Vultee (Un) Can Feb Jan 21% 1% __ • Engineering Continental 10% al0% al07/8 • ►—* Iron Edison 19% 13/3 __ 100 (Un) 19% 21% 100 al7% __ Jan 16% Oct Mar al7% 1 50 a34% a35y8 * 1 Consolidated Edison Consolidated 10 Dec 65 1,144 21 Aircraft High 32% j 90 1 100 al3y8 al3'/8 a35Va lo Solvents Sep Northrop * Jun 54% Sep 29% Dec 32% 26% (Un) North Amer Aviation Inc (Un) Northern Pacific RR (Un) 230 32 l Co 28 a go 1 Central RR Low 62 58% lo Corp Oil Pacific (Un)_* /, System Commonwealth Apr 16% Mar ' York 307 ; a50 __ 25 & 5 19% 25 (Un) Fuel 10% 8% Aug 170 22% a48% al3y8 1 com Molybdenum Columbia Apr Sep 10% New Mar 80% Sep 8 55 a9% 5 a50 • Multiplier Colorado 170 22% 1 (Un) Service Clary 1,430 al6y8 al6% 1 Chrysler Corp Cities 8% 10% 9 % II 100 __ al6y8 10 Chesapeake & Ohio Ry Co Chicago Corp (Un) Milw Nordon Norm 8y8 aB7/8 .25 Products Charter Oils Co Ltd * Jan Dec a22% a22% a9y8 12% Certainteed Chic 5 Gypsum (Un) Range for Year 1953 High 58% __ 5 National Supply v(Un) National Theatres (Un) Shares __ 5 (Un) National 14 Sep (Un) for Week a31% a3l% 58% 1 Oct 60% 66% * 3 Jan 9 48% Jun 230 & Co Inc (Un) a31% Sales Range of Prices Low * Co Nash-Kelvinator Sep May 8y2 __ 2 Co (Un) Tractor Sep (Un) (Un) National Distillers 3% 10% ' __ 1 Oil Ry '/a Co Jan Mar 12% 33 8% 5 . Oils Atlantic Canadian 9 1 7% 5c 38% July 805 8 13% Mar, 54 y2 95/3 __ 57 V* July Inc) Diablo Ohio Packing Co Southern 9% Mt 135 ail% all% ' __ 10 60c California 9% 0 preferred Jan 1% 150 " Power Motorola Sep 2c 2,600 13% " a61 a74% a76% __ 10 Company-(Un)— Budget Finance 7% 41/3- - 41/, 13% Feb 67 Aug Sep Week's Last Par Montana Sep Dec 10 43 a60% a61 44% 2,400 a49 _ 15 Borg-Warner "8% 41/3 __l (Un)_- I 13,000 8% 8% Montgomery Ward 103 4c a46% , 5 Inc (Un)— Company ' Friday High Jun 55 y2 256 n3/e 4C 8% . 50y8 11% __ Chica 5% 100 50 v& __ 2 Mammoth Boeing 1 * Co ' a62 15 Sale Price 110 Blue Diamond Corp Bolsa Low 11 Va 5 JANUARY Range for Year 1953 High 1 <Un) Steel ENDED STOCKS hares 20c Instruments Benguet Cons Mining (Un) WEEK for Week of Prices Low . FOR Sales Sep 44% 6c Aug 13c Jan 69% Jun 72 Oca 34 The Commercial and Financial Chronicle... Monday, January 18, (234) 1954 OUT-OF-TOWN MARKETS RANGE WEEK FOR JANUARY ENDED 15 Friday Midwest Stock Friday bale Price Admiral Ball Aetna Akron Brass Allied 20 8 — __ __ 4% 37/a 1 (Un) 19% 20 1 50c Mfg 8 (Un) 47 Va Jan Illinois 26 Va Jan Indiana 18% Dec 32% Jan 6% Feb 10% July Dec 8% July Dec 10% Mar 7% 8% 4'/a 200 300 200 7% 3% 3% 700 4 July 3 Sep 5 % Feb 5% Mar 30% July 25% 26 45% 11% 47% 12 Va 12.50 Can Co 10 American Cyanamid Co & Chemical—5 —f International Paper (Un) International Shoe Co 7.50 23% Apr 41% Oct 59 Jan International 11% Sep 15% Jan Interstate Machine American American & Stand Rad American Foundry & Tel San (Un) Oil Class Steel iUm Corp 2nd convertible Atchison Topeka Products Avco Mfg Bastian-Blessing 9% 4,200 12% 5,200 152% Jun 61% 800 59% Dec 10% 600 30% 33% 9 26% 31% 700 1,200 2,800 26% 50 12% 13% 25 161% Jan 77 Va July Aviation Fisheries 43 % Jan 12% Mar Apr 32% 11% Dec 18% Mar 22 Dec 28 V2 Jan 95% 89 % Sep 99% Jan 100 5% Oct 9% Feb 4% 4% 4% 2,300 3% Sep 5% Jan 5 4% 5 2,400 4% Dec 8% Feb • 46% 5 1 (Un) 3% ♦ — 1 Co.. 17 —5 — 10 Com 20 Ccrp 22 61 — (Un)__lp 1 47 21 — 10 Corp W) (George Sep 29 29% Co Corp Sep 8% 45% Feb 95% Corp Steel 31% Apr 29% Benguet Consolidated Mining Binks Manufacturing 9% Dec 29 20% 95% 13% • Bendix 36 9% Mar 61 11 3% 3% 50% 51% 16 17 11% 12 J an Kaiser 19% Apr 22 53 Va Sep Alum Brach & Sons Brad Foote Works Gear Bruce Budd Company Brothers Butler Celanese Corp of America Corporation Cenco Centlivre Brewing Illinois Central Light Co. La Service Central Illinois Central Public Laclede Leath Lincoln Chicago Corp common Chicago Milw St Paul & Pac Oil Lion Cleveland 4%% Cliff's Iron Aug Cleveland Clevite Electric Corp Coleman Co Columbia McKee Jun Medusa 800 44% Sep 57% Jan Metropolitan 150 15% Sep 19 Jan 350 il% Jun 14 Va 17% Apr 21 Aug May 85 Sep Edison common Co Continental Motors Corp Jan Jan Jan Mfg 13% Sep 17% Feb Jan 17% May Motorola 18% 17% 3 Va Oct 2 Nov Feb Muter Curtiss-Wright Corp (Un) & Ward & Detroit Edison Nav Rights Dodge Manufacturing Corp Domestic Finance Lead National rjincc I)~de du Pont (E Nemours (Un)-I Co Sep 42% Mar North Jun 20% Mar Mar Northern Pacific Eddy Paper (Un) Co Electric Controller & Falstaff Brewing Pour-Wheel Mfg Corp Drive Gamble-Skogmo Inc American General General Box Transportation General Finance General Foods General (Un) Co General Gibson Telephone (Un) Com Refrigerator Co 58% (The) Glldden Co Co Jan Jan Oil Co (Un) 25% Jan 29% Mar 1,900 12 Va Dec 15 38 37% 38 5,900 32% Jun 37% Dec Peabody 37% Mar 5% Jan Coal Co 32% Jun 37% 37% 200 32% Jun 37 % Dec Penn 38% 39% 3,300 Apr 40% Nov Pennsylvania ft 8 % 29% 5% % 60,300 7% 26% 7% 8% 30% 5% 8 27 8% 29 25/64 27/64 11 11% 36% 6 36% Q5/0 q3{, 6 36% 300 200 400 500 35% Controls q5' 104% 106% 22% 47% 130 7% Dec 25% Sep 34 5% Dec Sep 7 Apr 8% May 9% Feb 35 22% 48 132 35% Pfizer Phillips 23% SeD 7% Feb 11% Mar class Inc Apr Jan 6% 100 5% Dec 17% 17% 900 16 Dec 25% 17% 17% 17% 600 15% Sep 17% Jan 18% 18% 600 17 Oct 19% Aug 39 39 100 38 Nov Jun 30 % Public Dec 1,500 100 8% 800 33% Sep 5% Aug Jun Jan 12 6 Va Mar 43% 8% Dec qnn 800 91 Va Jun 200 21% Sep 41% 1,100 43 100 16 11 117 Jun Aug Aug 32 14% Sep 200 10% 4,050 7 38% 17% Jan 108 Dec Oct 9 28% Jan 47% 140 Oct 19 >/a 900 18% Dec 25% Jan 21% 1,900 15% Sep 22 Dec 18 17% 18 1,850 17 Dec 23% 20 Va 20% 200 19 Va 54% 56% 200 53 y4 Sep 3,100 29 56% Pure Oil 14 2% 88 Corp 13% 39 Jan 16% Mar 12% Greyhound Corp Griesedieck ~3%1 5 1 25 137% 138 100 100 13% July 1 12.50 34% 500 26 Va 32 • Hammond Organ 10 Harnlschfeger Corp Helleman (G) Brewing Co 19% 18 1 22% 22% 22% Por footnotes see page 41. 23% 23% Sep 69 Oct Feb Mar 11% May 8% 8% 100 8 Va Sep 36% 38 % 450 29% Jun 37 42% 41% 42% 300 35% Sep 43 % 48% 48% 200 42% Sep 62 % Jan 5 28% 29% 500 25% Aug 30 Va Dec * —• (Un) America • (Un) 23% 4% 1 1,100 2lVa 3% 14 • Sep Jan Jun 5Vs Dec 19 % Jan Jan 14% 200 48% 1,000 41% Sep 6% 700 5% Jan 38% 36% 38% 3,100 37 % Dec 49 26% 26 26% 1,900 22 % Dec 38 9% .5 Jan 4% 2% Mar 300 Dec 29% Nov 100 6% 19 % Paper Rockwell Spring & Axle B 3 Va 47% • Tobacco class 23% 4% 14% 5 (Un» 22% 3 Va 1 1 (Un) Corp (Un) 52 % Mar 6% Dec Aug Feb 9 Va 1,000 8% Oct 9 Va Jun 19 19% 300 18% Dec 21% Nov Mar 8% 15 Sep 18% Mar Apr 62% Dec 66% May 77 % Dec ' 5 35 32% Jan Oct 28 49 38 Feb Oil Sep 58% Mar 8 % May 10 V2 July 1 Dec 20 Va 12 % Jan 14 300 17% 550 14% Oct 18'A Mar 1,500 30% Sep 43% Mar 36 34 Va 5% 5% 800 6 Va Oct 35% 36% 1,400 30 Sep 37% Jan Lathe Works 5 25 25 100 22 Oct 27% Mar 5 16 16 16 900 13% Sep * 38% 36% 38% 800 36% South Bend Southern Co (Un) Spiegel Pacific California of Indiana Oct Standard Oil N Standard Oil 4% Jan 16 % Feb Standard 19% Mar Stewart-Warner 50% Mar Stone 9Va Jan Container Sunbeam J Railway Dec Corp 5% 1 Va Sep 800 49% 9% Mar Sep 800 3% Mar 59 % Jan 81 Jan 56 53 % 71% 69% 71% 600 65% Sep Sep Sep 78% ' 15 74 V a 72% 2,700 10 35% 34% 35% 1,100 31% Oct 38% 9% 9% 400 8% Dec 13 21% 21% 300 Equipment 1 Corp (Un) 26 Dec Sundstrand Machine 22 Feb Sunray Oil Corp 23% Feb 10 % Feb 43% Feb 21% 16% Sep 1 1 10 1,000 9% Sep 21% 21 21% 1,300 20% Dec 33 32% 33 27 Jun 38 Dec 14% Feb 17% Nov —* Sep Jan Jan Mar 5 Corp Corp Co 900 1% (Un) Dec & 8 56 67 Ve 16 Va Swift 1% 74Va 18% 23% Nov 7 49 V2 Mar Dec (Ohio) Co Sep • 25 7 1% 2 Inc Mar Dec (Un) Co Warrants 14% 20% July 80% 17 17% 36% 41% 3% Dec 79 1 35% Corp Oil of 19 1,200 • Oil Oil Jan 50 60% 1 15 Stnclair Standard Dec 15% 60 % Society Brand Clothes Inc Socony Vacuum Oil (Un) Standard 15 Va 15% 60% 15 Co July 18 % Jan 15 % • Signode Steel Strapping Co 2% Feb 14 Va Feb 1 Sears Roebuck & Co Shell 1.40 X21% Dec Mar 45 12 % Mar (Un) Industries Schenley Schwitzer-Cummins Co Dec * 5 Apr Feb 1 Co Sep 48% 38 % 1 — Indiana Dec 8% 2,800 100 1.600 1,650 29% 600 56% 2% 91 Sep 43^ 23% 19% 700 56% 27% Dec 4% 33 54% 33 Jan Sep 28% Mar 4% 34% 42 "Va 20 y8 45% 1 15% July * of (R J) Raisin 15% May Jan 14% 33'A Richman Bros Co Drug 10% 13% 14% 34% Co Co of 4,500 14% 14% 50c • 2.50 10 Btudebaker Hallicrafters Co 14% 147% Mar Oct 131 200 Apr 200 200 22 Jan 14 16% X21% Jun 14 % Jan 1,700 23% Mar 29 46% 23% 300 17% 14% 34% 13% Dec Dec 30% Jan 58 23% 14% 20 % Sep 900 46% Jun Feb 17% 5% Jun 2,600 100 13% 18 Jan 45"% 14% Dec 17% 29 46 % Dec 10% 12 Va 33% 2 Jun 2% 200 43 44% 3 Brewery 12 Va 200 17 17% Aug 200 3% 11% 30% 10 A 15 13% 3% 11'A 10 29 25 (Un) Western Jan 900 32 17 6% 4,100 33% 16 % 29% Mar 21 69% Feb 18% 11% Mar Oct 14 11% Mar 100 1,350 4,300 1,900 650 Sep 25% 54 61 1% 8% 700 20% Sep 13% 19% 1,800 13% Jun 1% Dec 54 Sep 13% Apr 3% 21 8% 100 200 200 400 600 50% 13% 53% 9% 57% Aug 800 4,600 Jan 52 55V/8 Feb Jan St Regis Paper Co Oct 32% 18% 39% — St Louis Public Service A common—12 Apr 9% Sep Jun Apr 2 Va 53% 15% 34 % 3,800 Dec 67 Va 31 17 39 8VS 800 9% 400 800 16% 38% 28% 1 Feb Aug 39% 1,000 300 17 Sep 2% 46% 43 % Jan 10% (Un) Steel Corp (Un) Reynolds 100 46% 14% Mar Jun 13 Oct 90% 1,200 Jun 37% 200 6% 38% 6 12 350 15 28 J/4 Co & Co Theatres Rexall 6,200 5% 14% 41 33VaC RKO Pictures Corp Republic July 31 % 100 100 7 55% Gulf Oil Corp 70 % 14% 9% Quaker Oats Co RKO Feb 23 Va Mar Jun 41 14% — 27% (Un) Co Dec 10 59% 19% 400 30 ,..2.50 Car Steel Service Jan 62% __ 34 % Mar 26 18% 20 Jan 59Va • 30% Sep Feb 18% 3% & Coke Pullman Company 10,500 ,10 59% • 8% Mar 21% 50 Petroleum Pressed 25 Va 15% 32% Cooperage class A Jan 65 10% RR (Charles) 900 700 10% • Bros 39% (Un)__l Phelps Dodge Corp (Un) __ Greif Nov 58'A Pepsi-Cola Co (Un) Jan 30 62% Great Lakes Dredge & Dock 27% 3% (Un) Perfect Circle Corp 1,200 __ __ 250 54% prior preferred Peoples Gas Light Radio __ 28% 11% Mar — , Mar ft common convertible 100 28% • 41 42% 2 39Va 1 Jun Co— 37% * (Un) Sep 34% • Airways Dec 43% 200 ft (Un) Car World Jan 200 38 % ft Class B 37% « Graham-Paige Motors Gray Drug Stores 59% Dec 57 % 58% Pictures Paramount 750 13% Goodyear Tire & Rubber Co Co 10'A 17% (Uni Motor Parker Pen 27% 13 Gossard (W H) Dec 18% — Co American 26% __ 5% 6% 2% Rights ; Ohio 13% • 400 Mar Southern Gillette vJ 6 Feb Jan Dec 17 Edison 27% 5% 15% Sep 39 Pan 1 Aug 29 % 1 Packard 45% 9 53% 8 Jun 5 400 600 Oak Manufacturing Co Dec 20 14% 4 600 Ohio 6 General Package Corp General Public Utilities 27% Dec 58% Apr 54 1 11% Jun 2 32% Nov 110% 5 common Corp Jan 23 % 57% 12 Jan * Corp Corp Motors 8% 200 3,600 32 Aug 21% 2% 900 3% 58 Va 11 Dec 90% Feb 10% 28 11% 19% • Corp Electric Jan 32% 100 com__5 • Bush Shoe Co Nunn Dec 21 57% 28 10% (Minn) Power States Dec 6% Jan Sep 38 Va 10 (UnU Ry 5% 18 Jan 49% July 2.50 1 50 27% 6 V8 6% 22 500 5 21 14 57% 10 St Louis National Stockyards Gen 18 % Mar 2% ' —. 21% Mar 100 1 1,600 Dec 25% Mar 10% 2% Dec 20 10 Auto Sep 27% 10% Jun 54% __ 22% 400 10 54% 5 2,100 Apr 7Va 17% 20 48 4% 42 1 (Un) Northwest Bancorporation 96 % • 38% Mar Jan 24% 7 700 300 Northern 84 10 Corp. 2% 35% July 21 River Kodak Eastman 29 1,100 2,100 26% Mar 20 11% Feb 22% 106% 4'A 42 .1 North American Car Corp Aviation American Sep 8 500 34% 61 10 ) Un) Central RR 37 Dec 1 Apr Jan 5 (Un) Remington Rand Eastern Air Lines Inc Feb 92% Sep Sep Jan 41% 5 «'a" 20% 66 50 l Jun Sep 10n Du Mont Laboratories Inc (Alan B) Co Standard Co York New Dec 1 Apr 16% Dec 300 J/4 17 95 Dec 12 % Dec 29 Corp 10% 44% 32% __ Dow Chemical Co Aug 8 22 5 National Dec 72% 10 2,500 24'A 50c 5% Mar 16 % 27/64 11% 9% 100 3 3 Va May 150 26% 9'/a 200 26 5 (Un) Co 19% Mar 34 225 300 20 Cleveland & 23% 1,300 10 Company Detroit 10 Feb 18'/a 10 * • Inc Jun 18Va __ Jun 17% 41% 1 18% . Nov 8V4 150 90 * Company 74 1 7% 1,800 59% 10 Kelvinator Corp Nash 73 30% 5% 10 17% 9% 23% 1 Co Montgomery 15% 18 10 ... 5% Mar * common Mississippi River Fuel Modine 100% 25 Company Cudahy Packing Co.., Inc Minneapolis Brewing Co Minnesota Mining & Mfg 45 1,600 1 Crane 100 29 19% Rights Sep 7 17% Dec 3% 18 400 * Feb 4% Mar 23% 5 __ 5Va 2% 59 1 Dec 11% 25 Feb Nov 2% 300 17% Gas July 2 11% 372 Power preferred 80 Va 59 Products 25 21% Sep 55% Mar 103Va 103% 59% 61% 25 Sep 61 23% 4 " 1 ... prior preferred • preferred convertible Consumers Deere $1 Inc Utilities Hart & 5 (Un) System convertible $1.32 Mar Sep (Un) Co L) Brick South Middle 1 ... 17% —1 Meyer Blanke Co Mickeiberry's Food Products..— (Glenn (Arthur Gi & Co Portland Cement * Co Inc Gas Commonwealth $1.40 Ilium , 650 800 * Martin Jan Cylinder 61% 20 * Feb 1% Distillers 29% Jan 66% 1,200 24% • Marshall Field & Co National 74 Dec 4 National 18'% 33 % —— Jan 34%, 34% 100 Mar 0 — Aug 1 common preferred 30 2% 1 Kentucky...* 2% __ Nov 17'A 26 Va 11% 22% 2% 95 Dec 11% 200 3% 9% % * 23 26% 17% 250 * 24 % 19% 10 15% Chic South Shore & So Bend RR._12.50 Sep 7 33% Jan 29 Mar 7 Dec Va 2% Sep __ 4% 19 3% • Co Lonergan Mfg class B Louisville Gas & Elec of 100 900 Jan Dec 29 com common Lindsay Chemical Co common— North American Co 1 Chicago Towel Co common.: Chrysler Corp Co Printing 5 21 Va Apr 11% 25 31% Mar 27% Jun 65% 7 1 _* Libby McNeil & Llbby___ 6% 800 800 19% 4 .* common 66% 20 Jan 30 20% Mar 5 (Un) Co Co Dec 39 Jan 10% 13% 21 % 10 preference... convertible $1.50 Gas & Dec 38% Feb 20 % Sep Dec 100 __ 40% Dec 9% Sep • —1 33V3C University.. % Illinois Securities Corp— Chesapeake & Ohio (Un) Extension Salle 2% 19% • Dec 13% Jun 200 23«/2 38 Va 300 900 11 22% 2 23Va 300 14 10% 17% 11% — 38 Va 26% 22% — 5 Nov 150 11% 1 50c Corp & South West Corp Central Jan 58% 1 Knapp Monarch Co Kropp Forge Co 200 1,500 600 200 700 2,900 500 38% Sep 100 16% Mar 19% 3% 2V8 Sep 49 400 17 I9V4 3% 28 100 18% Dec —* 600 11% Dec 11 Jan 30% 56% 32% 10% — 33 11% 10% 1 Biscuit Carr-Consolidated Sep 18% 400 900 200 100 __ 24% 32 % 11 % — 1,900 18 % 11% 10% 16% 17% 25 (Un) 29 11% 13% 10% 16% 17% Jan 32% Mar .-1 Co —.—: Kelley Island Lime & Transport Kennecott Copper Corp (Un)__ 13% — 48 Jun _* 8.75 Drug 46% 11% 10% Sep 26 % 26% 150 200 50 2% 36% 200 20% 1 300 15 Pacific Canadian common 76 __ • 1 5 12.50 (Un) Burlington Mills Corp Burroughs Corp (Un) Burton-Dixie Corp Chemical & — 2.50 800 28 10% Aug 29% 21 Va 53 _.20c (E L) Co. Dec 42% 4% * 10 75% — 52 41% 14 — 52 2% 5 24 V2 Mar Jun 10% 10 3A 66 —• (E J) Oct Jan 34% 28% •— •* Kansas City Power & Light Kansas Power & Light (Un) Miller Borg-Warner Corp 8% 14% 100 51% Aug 700 20 20 Jan 45 100 300 100 50 650 38 Va • 3.50 Electric & Gas 10% 18% 41 56% * (Un) Stephens & Shinkle Shoe Laughlin Steel (Un) & Katz 29% Co Brewing —, 3 Manufacturing Booth 14% 59% —50 ;———1 ... Belden Berghoff Sep Sep 19% 1,000 3 Fe Santa & Corp Corp— Bethlehem Jones 1,800 100 300 preferred.. Automatic Washer Co Borg 35% 1 Ashland Oil & Refining common Athey Johnson Jan 24% Mar 15% Feb 25 31% 50 10 —5 (Un) & Co $1.50 Dec 25 10% (111) common Industries.—,—.„.__2.50 Arvin 50 Va Sep 23% '22% 13% 61% 5 common.. Anaconda Copper Mining Armour Sep 21% Development— A Armco 43% 100 156% 157% 14 __ —25 American Tobacco Amurex • 100 Co & Tel 23% —7 700 47% 23% Tel & Co— Dec Mar 28 Sep Nov Sep 100 47 — 39% Illinois 33% 36% Tel Power 21 Jan 5% Mar Sep 28% 29 Mineral 41% 2% 28 —— • International 150 Dec 38 42% — * Harvester International 23 10% * Co 100 11% 18 * Co.: 1,200 700 23% — (111)—.....1 Co Investment American 36% — Light & Power Steamship Interlake 200 2% 8% Dec 41 18 Va 1 Co 300 38 '23 High Low 8% 2% 10 Products Steel Inland 37% — Range for Year 1953 High 8% 37% 10 Co Steel Indianapolis Iowa American Brick 700 26 47% — Sep Dec 7% 8% 4% • 1 Mfg Airlines High Low 39% 20 Va 600 100 6% • Laboratories Chalmers American 21 % 1 Equipment.— Alleghany Corp Allis 46 21% 5 5 Bearing Roller & Gas Afiiliated 45V8 __ . & Door common Sash Huttig 800 50 — : Castings.; Aluminum Range for Year 1953 Shares Bartlett Spencer Corporation Hupp Shares 8% 3 25 1 Werner Corp Hibbard for Week High 5 Corp Advanced of Prices 10 Co Steel / Range Low Par Laboratories Abbott Hein for Week of Prices Low Par only Sales Range Sale Price Sales Week's Last 8TOCKS Acme Exchange A compilation of the round-lot transactions , Week's Last STOCKS Tool (Un) 9% 9% 600 5 15% 15% 15% 5 2.250 1 17 % 16 % 17% 1,800 15 Va Sep 21% Mar 43% 44 700 35% Jan 44 % 25 Deo (235) ij (J; f +;i>" ilii'' j - OUT-OF-TOWN MARKETS RANGE Friday STOCKS * Last Par Co Thor (The) Power Toledo Edison Traiie Co Co Co Coal So La Va 1,400 17% 250 49% 57% Jan Sep 15% 12% 12% 12% 1,400 11% Jun 13 Va Mar 39'A x37% 39 V. 750 26 Va Aug 37% Dec Abbott 27 300 23% Sep 28'A Dec Air Allied 26% __ ' Par Laboratories Reduction Co Carbide Union Oil United of & U S Steel (Del) (Un) 600 15% Dec 20 Va Jan American 43% 100 42 Va Jun 46% Feb Amer 20% 22 2,500 14% Oct 21 59% 59% 130 55 Jan 60 »A May American Can Car 71% 73 % 800 62'A Jun 75'A Dec American C.vanamld 39% 39% 100 37V4 Jun 44 V. Aug Jun Inc common Motors — 73'A — 5 5 (P 1,100 4% 30% 29 V. 30% 500 23% 40% 39 Va 40% 2,400 33% 9 9 W) Yates-American 9 Sep Jan Sep 44 Va Jan 27 Va * * - 15% Jan Sep 15"% Dec 20 32% Feb 39% Not 80 31 Va Nov 49% May 43 Jun 48% Not 13 Va Jan 15% Nov 15% Feb 12% (Un) a37% a37% 25 a33% a33 Va a33% lu 47% 20 47% 345 14% 100 14 13% 14 640 12% Sep 30% 29 Va 30% 497 27 100 (On). 14% & • S S in. Common (Un) 157% 157 % 157% 2,171 12 Va Mar Dec American Tobacco 25 59% 60'/a Dec 1,028 (American Viscose Corp (Un) 25 a34 a34 25 Anaconda Copper 50 a31% a30% a32 437 20 45 45 45% 1,535 13% 100 13 Va Jun 14% Mar 300 12 Feb 16 Va Aug 13 Jun "15 % Mar 15 1,200 19 19 Va 200 16% Jun 19'A 43% 44 Va 700 42% Dec 45 Va Aug 180 13'A Mar 14% 15 10 10 10'A 150 39% 38% 39% 300 34% 66 66 66 100 63% _<* Sep 13% 30 5 Corp Sep 11% 100 Smelting & Refining— ■ 16 American Tel 9% Tel & Co Co Mining (Un)_. Anglo Calif Natl Bank Arkansas Fuel Oil Corp' (Un)„ 5 Steel Armco Feb Armour 14'A Jan Atlantic Sep 47 Va Jan Dec 80 Jan Com 152% Jun 43% Jan 160% Mar 35% Jan Dec 44% Jan 37 Jun 44»A Dec Dec 19% Apr 31% Sep 43% Jan 8% Sep 86% 270 a9 % Aug 60 29 Sep Sep 59% 35 Va al6 35% 77 Oct 15% al5% 10 Atlas Oct Oct 120 Dec Dec (111) (Un) Refining 35% 5 Fe (Un) Co a9 50 a92% 10 Topeka & Santa Corp (Un) Atok-Big Wedge Avco BONDS— Co & Atchison Youngstown Sheet & Tube 42 217 15 Va 52'/a 5 Co 642 11% Sep 14% rl6% — American 47 11% 15% (Un) (Un) Ltd Factors American Radiator Feb 58 47 l Foundry Co 75 % Mar Sep Sep 13% ■> American 20 com (Un) Co & Sep a73% a74% 22 % (Un)—1 . (Un) Thtres Para 63 a73% 7% 10 Machine Mfg Airlines Inc Broad Feb Jan 220 * (Un) 23% 10 Co Dye Corp 28% 70 40% 15 14% Allis-Chalniers & 44% 109 a24% a24% 800 13% • Chemical High Low 40% Sep Oct 46% a24% 200 53'A 1 Corp. 46% • (Un) Range for Year 1953 High 100 50 V. 27% 53'A 5% Mar 31V. * . (Un) Shares Dec " Public Service Radio Jan 16% 43% 12% World Publishing Co Zenith 17% 16 Va 22 _l Bankshares Woolworth Sep 16 1 Works Willys-Oveidand Wisconsin Jan 5 ; Co Stores Wisconsin 3Va 25 (Un) Iron Wieboldt Dec 13 Va • Co Motor 1% 200 • Corp Dorn 1,000 * Westinghouse Electric Corp White 2% 16'A 1 Carbon Corporation 2 V. 15% 50 California Rubber 2'A 16'A for Week Low 5 common Sales Range of Prices Sale Price 1 common Last 19 % Mar Sep Exchange Week's Friday STOCKS. 1 (Un) Salle St Corp Union Van San Francisco Slock High 1 Corp conv preferred series A Century-Pox Film S 60 17% 2 $2.80 U Low American Truax-Traer 208 15 Range for Year 1953 2 Corp Tri Continental 20th JANUARY 5 Corp Radio Shares High 57% * ('JLliei Transamerica Trav-ler 25 Tool 60 Va ENDED (or Week of Prices Low WEEK FOR Sales Ranee Sale Price Texas Week's 28% 109 185 a28% a28% 5 95 "A 28Va 64 a , 27 Va 29% Aug 12% Mtfr 100 % Jan 30% All* 30 Mar P2 Mfg Corp 35c 35c 400 Dec 1.10 Jan 3 (Un) 5 5 335 4 V2 Dec 8% Feb 8% a8% 62 8V4 Nov 22c American Tel & Tel— 3%s 1965 j 119% 119% Baldwin-Lima-Hamilton Corp $37,000 118 Dec 118 Dec Baldwin Securities Baltimore & (Un)—13 a8% a lo a2% a2% 100 a20 (Un) Ohio RR (Un) Bankljne Oil Co Basin Philadelphia-Baltimore Stock Exchange The 1953 range shown below for the issues formerly selling on the Washington Stock Exchange are simply the transactions since the of Oct. 15, 1953. merger Friday STOCKS Par American Security & Trust Co. American Stores American Arundel Tel __10 Tel—. & .100 City Elec Shares High 37% 45 Low Budd preferred Corp Borg-Warner Corp 37% Dec Broadway-Hale Stores 306 37% Feb 47% Dec Bunker 156'A 158% 2,361 Jun 161 Va Jan Jan 21% Dec Byron 30% 29% 30% 1,736 25% Feb 30% 8% 8% 190 5 5 5% 25% 152 8 50 25% 11% Mar Sep Chrysler 100 19% Calaveras Cement Ink Apr Apr 31 Nov California Packing Corp Canada Dry Ginger Ale 140 Dec Canadian Atlantic Canadian Pacilic 540 11% Dec 12% Nov Caterpillar Tractor Co common.. 59'A 61% 1,207 58% Dec 96 Jan Ce!aiie.->e Dec Central 29 »/a 132 230 4,367 • 26% 26% 267/a 267 Geneial class A 100 50c common preferred Motors Gimbel Hecht America 5 Brothers 5 common (Glenn 5% ♦ 1 & non-cum Pennroad preferred 7 Power $1 div & Light Oct 19 Dec 62% 2,962 53% Sep 70 13% 50 12% Sep 16% Mar 22% 8% 14% — 23 Va 270 21% 8'A 8% 1,683 7% — Feb Dec 24% Oct Oct 11 % Jan 13% 14% 127 14% Dec 22% 17% 18 Va 207 12% Sep Jan 7 7 126 12% 13'/a 35% Sep 14% Mar A dlv El Chrysler Paul St preference Oct 80 % 9% Sep 10% July 50 11% Dec 18% Jan 240 13% Feb 17 Vs Sep Sep 17% 168 22% Mar Chemical Commercial Jun 36 Dec 16% Dec 23% Jan Corn 322 40% Jun 52% Jan 18% Nov 27% Jan Sep 12% Dec 13'A Mar 84 5% 1,916 3% 65 22% 22% ' — 23% a22% a22 % — 780 al2Va al2% 23% 5% 4y8 11 14% Sep 17'A May 6% Mar Nov 33% Dec 24% Jan Oct 63% Jan Jan 16 16 150 50 49% 50 627 46 19'A 19'A 160 19 Dec 38% Jan 74c 90c 2,000 62c Dec 1.35 Jan 34% 1 __ 34% 217 33 Feb 10% 90c ...25 (Un) 10 Solvents 22% Apr 50% Jan 60 Dec 95 Jan 84 71% Oct 94% Mar 42% 61% 1,211 Jan Dec 43 Sep 20 Feb 12'A Dec 15 Jan 16% 100 17 V2 Nov 21% Jan 37% 340 32% Jun 37 NOV 60% 155 55% Jun 67 Mar 8 42% 1,872 a54% a54% — Jan 15 Vb 8 — 32% 469 60% « 50 355 13% 37% * 17% 16% 17% 43 16% 13% • (Un) 41% Dec 80 60 3% (Un) Dec 10 42% 200 a78% a80% 11% 100 ... 11 % a44% a45% (Un)—* com — 61% System 38% 39 69 33% Sep 41 32% 33% 4,592 28% Sep 33 Jan 23% 24% 116 20% Jun 25 Mar 30% Cons Mar 4 4'A 815 5% Sep 7% 6 6'/a 1,349 3% Sep 6 Aug 29 V* 29% 132 26% Nov 28% 36% Jan Not 16% 17 Va 5,525 16% Dec 18 42% 42% 25 41% Dec 42% Oct 25% 26% 1,625 24 Va Jun 27% Jan 26% 26% 24 24% Jun 27% Feb 25 class Ind A of Y N 12 Corp * (Un) Corp Fruit Giorgio Corp A Dominguez Douglas Dow Oil Du Mont du Pont Co de A class Lab Oct 35% Dec al01%al01% 8 91% Jun 102% Feb & Nemours 68 7 Sep Oct 9% Mar 8 276 15 103 14% Dec 20 14 Feb 19% Dec 2.85 May 14% 14% 538 2.05 2.05 600 37'/, 37% 829 14"% 1.85 29 Apr 38 Nov Nov Dec 7Vi Oiily 6% 4 Mar 1,161 34 Va Jun 42% 9% 165 8% Dec 17% Jan 105% 105% __ 350 36% 9% (Un)—25 7 36% 36% 10c Co 15 V2 8 — 5 (Un) Feb 72 Va Jun • 1 (Un) common 22% Mar 26% 29 * Calif. of Chemical Feb Dec 15 1 5 Mfg Co Oil Fields 10% 42 a__ 200 5 com common Doernbecher al01% Dec Jun 1,372 18 35% 5 :— ■7% 35 Va a— 18Va a7.6% common 160 a76% a76% 35 35% 18 25 (Un) 41% 42% a54% 1 Refining Zellerbach Curtisa-Wright B • 15 (Un) Aircraft.^ Vultee Products — 5 Coppermines Edison 37% • Preferred Jan 6 Va Edison Chemical Crown __ Sep Oct ... — — Consol Natural Gas Co (Un) 2,018 • 15 20% Iron & Commonwealth 1.406 26'A 620 —— Gas 17% 17 613 16 • __ ... Corp Columbia 43% • 14% 10 (Un) 36 10 14% 15 Va 2 Co 16% 50 com 66% 200 —12% RR (Un) Fuel Di common 20 9 Va Ub Corp. Clorox 42% 20 Gas a76 9% 5 Ltd—_ (Un) Cities Service Co 33% preferred & Apr a76 16% America Eureka Milw 17% 3 series Co (Un). Corp ol Preferred 43% 4'A Service Chic 23% Potomac Electric Power common Rv Co Consolidated 11% 250 Co— preferred Oct 18% Mar 13% Co— Oil Chesapeake & Ohio Ry Oct 59'A 35% common Transportation Participating Philco Corp $1.40 18% Oct 19 _10 com__. Mfg preference 3.60'/// 100 310 Oct 13% -- Common Public 18 Va J>0 Salt Oct 57% Nov Feb 260 100 & Consolidated —1 Pennsylvania Water & Power Phiiauelphia Electric common Philadelphia Dec 37% May I) Consol Pennsylvania RR Pennsylvania 18% 31% 23% 20 18% 27% Sep Investment— Corp Pennsylvania 62% 10 L) Mtge 18% 15 Lehigh Coal & Navigation Lehigh Valley RR Martin 360 350 18% __ 23% July 25 Va (J Colorado (The) Co National 360 .25 Corp Feb 48% Jun 37 al2% al2% (Un).J—1% 13 28% of 3.00 July 547/e 17% „ 167/e Mar 28% (Julius) Jan 13% Mar 5.o0 . Dec 28'A Co _ 10% 28% conv _ Dec 30 29 Va 4%%. Dec 2.00 1% 57% Jan 17 Va Co.. Co 6 12 10 Finance Dec 60 -- 12% — Delaware Power & Light common—13% Garfinckel Sep 10 64 a76 2% _ 3 Duquesne Light Co Battery 1 45% Sep Sep 5 _ 140 60% Storage _ 140 zo Electric Co 12 __ 19.50 Corp 9,155 • 8% 67% Mar 16% Jackson July 1,721 3% Case Co 105 Sep Nov 8% — 315 2.40 Jun 5 51 Vb a47 % a48% 10 (Un) 2,800 11% 30% Mar 14% Mar a60% a60% Burroughs Corp 17% Inc 1 52% 2.10 2.40 5 Sullivan & 230 » Transit 1 5 (Un) Nov 46% Hill 1 15 34 % 171 51% 52% 2 9 600 11% * 25 . PI (Un) 20 Va .50 common (Un)__ 11 3% May Oct Feb 20% 10 300 a60 a61% a61% Oct 3 32 a20 12% 10% 5 (Un) California Company Capital Co 19% 1 Securities Steel 13 Common Bankers Mining Cons a2% 12 Va 20c (Un) 37% Baltimore Transit Co— non-cuin High California Corn Bishop Oil Co : Blair Holdings Corn (Un) Boing Airplane Co cap (Un) 10 Co™ Baldwin-Lima-Hamilton $2.50 Benguet Bethlehem Borden Range for Year 1953 of Co Aviation 20 Corporation Atlantic Low 37% 158% for Week Range of Prices 46 Co Sales Week's Last Sale Price Oil Bendix a20 1 11% Mar 350 Apr 107% Dec 92 Jan i Reading Co Riggs 50 National Bank : 100 Scott Paper Co 26% 380 Washington Gas Westmoreland Light 69% • Corp United Gas Improvement 69'A 68% 5% 13% • common Coal 26% 33% Oct 415 Nov 405 Jan Nov 54 % Jan 70% Dec 68% 452 Nov 70% 461 82% Jan 2,300 4% Jun 6 Jan 337/a 108 30 Va Jun 38 Feb 1,066 30% Oct 31% Dec 50 10% Dec 23 Eastern Ail Eastman El 317/a 11 Tel & Tel Electric Bond El 19C5 119% 119% Ewa Last Sale Price ''AHe'gheny Ludlum Blaw-Knox Columbia ♦. System 18% 5 Light _• .7 28% 5 Co Fort Joy Lone Pitt 8.50 Brewing.! Manufacturing Star 1 Co 1 Gas Shares & Chem Co Electric Foods Natico Mfg Corp 1 . Corp Pittsburgh Erewing Co $2.50 convertible Pittsburgh Plate Pittsburgh Screw Oil Plymouth 2.50 common preferred 25 iio Glass & Bolt 7% Corp • 31% 18 Va 18% 222 13'/a 101 6% 28% Golden Range for Year 1953 Low 214 Corp 5 4% 7 1,024 28% 22% 4% 33 Va 33 Va 24 7% 1% — — 53% 7 United Soring & 317 High 25% Sep 15% Sep 38% Jan 12% 15 Va 5 22 Va Mar Dec 8 Dec 30'A 25% Sep Jan Mar Engineering & Foundry Co Vanadium Alloys Steel Westinghouse Air Brake Westinghouse Electric Corp 7% 1% 26% 27 53 53% 6% 90 27 20% 4 1 7 24% Mar Jun 7% Dec For footnotes see Dec Goodrich Great 201% 20 »/a a4% Greyhound Hawaiian Honolulu 39 Va Mar Hudson 29 Jan Hunt 2 1,400 6% Jan 8% Mar Jun 2,500 1% Sep , 2'/a Jun 200 26% Oct 32 Va 220 44% Sep 58% Mar 145 6 Va Dec 9% Jan Co Ry 20 • 25% 80 88 385 67% Feb 62 52% Jan 60% Dec 54 Va Feb 28 24 Oct 33'/a Mar 200 18% Dec 21% 5 12% 12% 108 11% Dec 16% Feb Jan 22% 23% 24% 25 50 Va 53'/a Oct pfd 2,210 Sep 10 150 9 Sep 12 Va Apr - 28% Dec 13 24 Jun 20 550 17 Jan 21 Va Mar 23 25% 16,305 Jun 26 78% 80 93 19% . 15% 66 Jun Corp Idaho Maryland Mines International Harvester International International Intex Oil Paper Tel Co & (Un) Co Tel Johns-Manville (Un) com — Corp 60 22% Sep 29% 337 22% Dec 29 Va May 631 39% Sep 51% Dec Alum & (Un) Steel (Un) Chem Jan 62% Sep Sep 54% 10 —* (Un)—• 44% 100 1 Dec 451 48 Sep 58% Mar Jan 14 827 13% 13% 13% 21% 21% 22 612 12Va 11% -12% 19% 11 Va Nov Dec 12% 1,215 • 12% a57 'A a57J/4 29 12 121 al3% al3% 15 1.10 1.15 500 1.00 Dec 28% 28% 982 24% Sep 1 • 7% 12 1.15 28% Corp Dee 28% Mar 14 Va Aug Oct 56'A Aug 9% Sep 16% Mar 13% Nov 18 Va Mar 47% 48% Jun 2.00 Mar 33 Jan 57% Not 20% Jan a55% a56% 78 14 14 237 9 9% 500 7% Nov 12% Jan 865% a65% a56% (Un)—• 33%c _* 10 Feb 1% 49% • (Un) 2% 1 % 49»/a 1 com—_1 Kaiser Motors Corp 1 Kennecott Copper Corp (Un) —* Kern County Land 2.50 Kaiser Oct Nov 16 Co—I Dee 83 218 T—B% Car Dec 62% 3 Inc Jan 59% a77% a77% Corp Motor 89% a52% a54% Pineapple Co Ltd Foods 43 69% 445 58% Sep 73 Va Jan a20% a20% 70 19V4 Sep 24 Oct 30 Va May Not 23% 34 * non-cum Jan 50 75 % (Un) Jan 329 a28% a28% 5 10 Corp Oil 7% Mar Mar 10 62 Va. (Un) common— Dec 23 a4% 88 • — 3% 37 46 V4 a37% a39% Feb 19 Va 24% 130 Jan Sep 23 25% 53% 27 Va Mar a59% a59% a4% a39% 5 . V) (B North Dec 31'A 19% 12.50 i Sep 37% Sep 19%' Dec * Goodyear Tire & Rubber lUn) Graham-Paige Corp (Un) 1% 10 24% — * page 41 Sep 31% 447 —100 & Co Ltd State preferred 250 36 1% 10 . 19'A 361 42% Dec 5 Axel 17 35Va 42 Co— Utilities McBean Jones & Laughlin Rockwell a20 35% • (Un) Corp common Public Gladding High 30 1% 5 Jan al9% 10 (Un) Corp Motors General 4%> 24 m 10 McKinney Dee 7% for Week 22% — a20 ——* Petroleums Ltd Machinery Hancock Oil Co class A— Equitable Gas Co 47 Va 3 (Un) Co Co General Paint Corp common - Range 13 i Brewing 'Duquesne 31% Sales of Prices Low • ... Co Gas Duquesne Steel Jan Jun 4% Aug $60,000 Pittsburgh Stock Exchange Par 27'A 41% 1,575 6 6 20 Gas Plantation General Week's & Emporium Capwell Co General STOCKS • • General Friday 22% Aug 213 6 ' 10 • Share Natural Paso Food 3%s 100 a47 a47% a22% a22% 1 (Un)— (Un) Co Works— Oil Federated BONDS— American Inc Lines Kodak Dorado Jan 30% 11 ,_20 430 30 70% 5 Va 5 33 Va 31% 26% 380 70 Va 1 Sun Oil Co United 26% 380 • a20% 27 26% 27'/a 902 13% Dec 22 % May 5% Mar 2% 2% 245 2 Va 66 66% 539 62% Dec 82 Feb 40% 41% 755 38 V» Sep 59% Jan -- 41% Dec W The Commercial and Financial Chronicle... _(236) ^ Monday, January 18, 1954 OUT-OF-TOWN MARKETS RANGE JANUARY 15 WEEK ENDED FOR Friday San Francisco Stock Exch. (Cont.) Last STOCKS Sales Week's Friday of Prices Range for Year 1953 Shares Salt Par Libby 10 McNeill Lockheed Loew's & & 213 7 9% 9% 200 26% 27% 552 20% 13% 13% 435 10% Oct 13% Feb 22% 22% 290 21 Dec 25% 22% Jan 18 Jan Corp 1 (Un) (R Co Magnavox 34 Libby Aircraft Inc Macy 33% Co 27 'A • H) • common Co 1 5 Martin 1 (Glenn) Matson Navigation Co (Un) McKesson & Robbins Inc (Un). Menasco Merck • Apr Jan 10% Apr Apr 29% Nov 8% 76 16% Sep 1,923 14% Sep 205 18% 18% 18% 12% July Jan Riverside Roos South Mindanao M J M & Utilities Mother M & Inc Lode Bros Cons 8 Nov Safeway Stores Inc Sep 21% 115 17% Sep 21 27% 294 24% Sep Montana-Dakota Montana lOo Utilities (Un) 3c 10% Morrison-Knudsen ;Feb 20% 85 10 32 55 550 32% Sep 17%. Sep 28% July 428 a56 % a59 % a59 10% 649 20% • Co Sep 70c a31% a31% * Montgomery Ward <fe Co (Un) 7,650 50 10% . 2c 6,798 \ 90c 86c 90c 5 Co Power W & St National Auto % Sep Jun 28 National City N al7% 17% 75 1 17% 16% Dec St Apr Sears Shasta Shell Oil Co Apr Mar 65 36 25% Feb 17% Sep 17% 17 17'% 200 14% Jan 18 18% 18% 18% 315 17% Sep 23% Oil Norris Oil Oct Aviation American Co North American 51/2% (Un) 19% Nov 25% Jan 24% Sep 28% Feb 18% preferred common. (Un) 4.32% preferred Ohio Olaa Co Onomea Sugar Paauhau ...20 (Un). .20 . Sugar Plantation Inc Can Co Pacific Coast 13% 18% 30 18% Nov 60 52% Sep 10 12% July Pacific 6% Gas 1st 5%% ... Aggregates Finance Corp common.. preferred 5% 1st preferred preferred 5% red preferred 5% red preferred ser _ Feb Standard Standard Oil Co of Apr 56% Dec Standard Oil Co 3% 3% 110 2% Jan 3% A pi- Standard Oil of 2.90 100 1.40 Jan Pacific Lighting Pacific Oil Pacific Pacific 1st Corp Gas & Public Jun 7% 400 13% al3% 20 6 3,537 35 26 Jun 29% 14,065 34 Jun 40 Nov 7% Oct 13% July Oct 5% Western 34% 1,383 30% Jun 31% 244 27% Jun 29 Jan 6% May 27% 28 28 28 —l 34% Pan Stendel 341/4 34% 1.05 1,10 9% 9% __ 20% 20% American World Airways (Un) Paramount Pictures Corp (Un) Transamerica Trans Tri-Continental Jun 27 Jan Jun 28 Pennsylvania RR Co (Un) Pepsi Cola Jun Feb 28 26% Electric Oil Philco Corp (Un) Pure Inc Oil h (Un) Co Raytheon Manufacturing Co 22 2,450 19 Nov 34% 36% 1,375 30% Sep 41% Jan 36% 36 36% 1,756 30 Sep 37% Jan 38% 38% 38% 1,759 33% Jun 39% Mar 22% Jun a26% 26'A 141 32% 391 29 ' Jun 32% Mar 35% 100 31% Jun 34% Jan 27% Sep 32% 7% Oct 13 Jan 13% Jun 16 % Dec 38% 36% 38% 1,320 36 Dec 49% Mar 35% 30 27 July 240 a27% a27% 30 Jun 33 % Mar 33 % Mar 29% July 30 41 100 38% Sep 47 Jun a43 % a45 % 150 38% Sep 47% Dec 7% 7% 143 5% Sep 28% 28% 53% 41 a45% 9% Mar 29 Aug 59% Jan 67 Oct 80% Jan 529 67 J/a Jan 9J/o Sep Sep 78% 150 385 32% Apr 37'A Dec 370 2U'/a Dec 43% Sep 1,425 15 J/4 Sep 21% Mar 257 11 J/2 Aug 15'A Jan 31% 735 30% Sep 39 J/a Jan 58% 58% 432 449 25 J/a Sep 56 3,138 49 »/4 Sep 69% a69% 43 73% all% al2 37% 37% 21% 21% 16% 17 J/4 12 12 % 31% • 1 25 15 56 a 73% al2 5 11% May 49% 57% Mar Sep 26% 27 3,602 23% Sep 29% Mar 13% 13% 13% 330 12% Sep 19% Feb (Un) 1 16% 15% 16 J/4 765 13% Sep 17% Jan (Un)_—— * 73% 73 % 73'A 276 63 Sep 74% Dec 39'/a 39% 296 21% Sep 23 Dec 39% 39% 39% 835 37 J/a Jun 44 Aug a .10 Mo.— 47 % May United Gas Dec .6% Jan United Park Dec 54c Apr common__25 U S Steel Corp common. Feb Universal 16% Dec 23% Jan Victor 14% 1,565 11 Jan 15 Apr Warner HO 29% Nov 43 Feb Washington 98 100 27% Nov 36% Jan Weill 4% Apr Wells 4 4 a54% a56% ? 26% 119% Mar 17% a28% a29% 17% 5 Jan 14 23% 3% 21c Sep Sep 3% July 11% 12% 200 328 33 'A 21% 272 21% 10 10 144 23% July 40 29% 30 620 40% ...,* 39% 4.0'A 1,297 1 Sep Co & 29 % Dc:C Sep 44 Jan 41% Feb 6012 Dec 1,752 8% Jun 10% July 16% 23% ■ Bank Fargo a25% 100 11 ai4 50 150 Sep Jun 29 13 58 Oct 60 Dec 305 165 286 Jun 315 Nov 68% Mar 32 % 32 % 65 150 25% Jun 31 Nov 41% 42% 580 36 Sep 43% Jan a48% a50% 125 44% Oct 60% Jan 297 19 420 21'/a NOV 29% Jan 92 27 23 92 27 80 Sep 22% Sep 34 Jan 32% 32'/a 115 22% Sep 34 Jan 8% Sep 14 Apr __ __ 22% __ __ 8% 8% — 100 100% Mar Life Coast Lines Air Western Inc (Un) Cab Yellow W) Co 5% 5,960 28 'A 102 40c • 3 % 1 60c Nov Sep 8% Oct 8% Mar 5% Dec 21 »/2 ■ Jan Dec 23 12% Feb 9J/a 280 9 »/4 2,180 Sep 10% Mar 53% 1.041 40 Sep 52% 44% 354 43 Dec 4778i Jan 6% 700 5 Oct 51 44%, 10 6 1 common • 9%. 53% —.12% (Un) (Un) • Mar 9% 9% 25c Westlnghouse Elec Corp (F 4 28% 30c 3,506 5 28% 1 Stores.. Dept Woolworth (Un).. Insurance 45C 1 ,1 (Un) Preferred West _5 (Un) Westates Petroleum com Apr 12 25% 62 3ul 305 U T & 10% 62 —*» 100 (R) May Sep a25% a26% 11 2 34 al4 1 5 (Un) Water Power. Nov 29% Mar Dec , 244 56'A 56 % 56% 10 Co. Pictures Bros 12 % 945 5 Equipment Jan 11 28 al'/a (Un)—,—__1 Consolidated-Oil 32 al'/a 11 __ Nov Mar Dec 28 10 (Un) 43% Apr al% .—2% Mines City 21% Mar 27'a May Dec 21 % 46% (Un)..— Corp Rubber 21 J/4 46% Inc United Can & Glass Co... S 20% 5 (U11).. Corp 30 % Mar 48 % __ Feb a25% a26% 11% Mar Apr 17% 5 Nov 21% 27 Sep a31% a33% 25 22 22 36% Dec 24 24% , Western Preferred Dec Inc of Lines Air 100 313 Corp of America <Un> • Railway Equip & Realty Co Ltd pfd.100 Rayonier Incorp common 1 76 Oct 111 United 27% Radio May Dec 27% __ 66 6% Oct 8% • Aug' 127 19 */2 26'A 1,190 • 190 79'/a a80 % 5 22% 10% • (Un) a 999 Apr 10% Puget Sound Pulp & Timber common.'* Pullman a79% Dec 20% Caliiornia ut 'Aircraft United 300 a29% Dec Oct 13 a7 % 17 Dec 5,300 __3 61% 20 13% Mar 3% P10 69% Jan 8 7% 34% 24c 14% Philippine Long Dist Tel Co Phillips Petroleum Co____. Feb 54% 20% Nov 22c 24c __ 55% 31 10 Aug 200 a33% 479 12 12 550 Sugar Co 361 246 26% Feb Jan 2 Co Union 116 12% Sep 70% 69% 25 Carbon & 32% 33%c (Un) 12c 27% Dec 5c 20% a60% a60'A common.—50c Corp Carbide Union 32% 3% 50 (Un) Co Phelps Dodge Corp 20 Feb 114% .1 4,000 Oil Airlines World 116 10% 6c 256 Corp Jan 32% 1 5c a21 % a21% 1 Associated 4 __ 6c 5 (Un) Incorporated Water Union 6,800 • Dec 16 (Un) ~7% 135 10c 23% Mar 9% Company Textron Jan 9,100 9'/a (Un) Sep 32% (Un) 33 4,890 l.io Corp 18 9 (Un) Corp 100 common Oil 75 a21% (Un)__ —1 Corp.— —.——..5 Electric Products 7.50 Sylvania U Palmer 36% July Sep 15 7/8 J Inc Drug 31% July 25% 143 34% Corp 40 Nov Mold Super Tide 25 545 • " Jan 32 a20% a20% Sunray Oil Corp Jan 24% 10 __ Packard Motor Co 12% Mar 16% 29 26 255 28% 1 common Oil 16 Texas 33%c common.... 32% 20 32% California N Union common 7% 1,790 a33 Dee a26% 1a2G% preferred Pacific Tel & Tel Pacific Studebaker Jan 11% 31% 25 A Ltd Service Sterling 5% 1,384 33% 28 850 39% 16 (Un) Inc Stanley Warner Corp. Jun 645 15 6 a Brands Dec 8% 8% 40% Develop.. Petroleums 3% May 8% 6 25 8% 39 9% (Indiana) 39% __ __ Apr 8% a327/a 3% May 7% 25 9% 32% Spiegel In'c common 51% 25 8% 1 2 200 34 Mar 45 Nov 2 5 * * (Un) Co a56 a28% . Railway 39% a29 . red Southern Jun 25 34% Jan —25 Sperry Corn Nov 14% .25 10 3 327/8 — 1.95 ■ 4.80% Co 34% 40% . Pacific 358 —25 _ preferred 1st Jan Southern 3,050 a29 (Un) Electric & 38 32 "A 32% — 2.90 5 25 32% —— 10,760 10 _ 3% Mar 381 a3 25 25 Petroleum % 8% 5 _ _ 35% Mar 34'A i (Un) 3% ' Pacific Apr 83% 18% Mar California Co 38% 5 __ 20 Jan (Un) preferred 6% Southern Southern i'<f a54% ■> Fisheries Pacific Jun -- ...15 common Pacific Amer 10 ■ — Jan Nov 34 series A..25 3% •' 63 25 ' 38% , (Un)_. Products 100 a54% a57% % Co 12% 3% • Co 20% 12 - (Un) Sugar Pabco (Un) __ Oil Dec 23% Mar 20 al6% al6% 1 Co 21% Jun 12% a57% 29 % Mar Sep 35% '. ■ Oct 16% July 19% 12% 1 Co Edison Rights 6.25 885 112 18% 1 100 Northrop Aircraft Inc Ohio 2,00 Aug 21% 25 —— Northern Pacific Railway Oceanic Oil a4% 20% 21% 10 Investment Sep 44 ' 20% 1 (Un) 23 95 -* 15 : Convr 22% May 270 571 a4% 1 Co.— American North 410 a50 38 (Un)__* 25 Co com preferred 4.48% Cumulative preferred 4.56% Convertible preferred 4.88% 19 108 Calif Edison Southern Cumulative 28% a20% a21% 19 (Un) Oil (Un)—: Corp Socony-Vacuum Southern Calif Gas Co pfd North Oct 26% 5 Signal Oil & Gas Co class A Jan 18% a21% • 47% a3 — ... Aug 27% 1 • Power Dec Jan Dec 16 Co Water 28% Mar 21% Mar (Un) Mohawk Sep 37% 34% ——• common (Un)— 15 ■ Niagara 42% 1,832 26% Roebuck & Co... 30 5 (Un) 405 39 a49 % (Un)_1.40 1 Schenley Industries common Scott Paper Co 1.50 13 110 (Un) RR a Mining Mauricio Feb Jan 6c l Prod Gypsum Y Central 5 Lines National Distillers National (Un) Inc.— Corp Fibres Feb Mar 48% 51 26% 5 10 .—5 P.10 (Un) Regis Paper Co (Un) Lead Joseph Sinclair Nash-Kelvinator 19% 27% Mar 2c pfd (Un)_10 Dec 48% —10 Foods Fine Nov 4% Mar 2% P.10 (Un)__ Monolith Portland Cement High Low 14 52 36% 38% 1 • (Un)__25 1 1 . 19% 175 27% • Mines Corp Pictures Range for Year 1953 High al4% al4% — • 10 (Un) class A (Un) Co Cement RKO San Middle Low 50o Corp— 36% 2% 21% 21% Richfield Oil Jun 15% 17 Shares 18% Mar. 2% , 16 %o Rand (Un) Republic Steel Corp (Un) Reynolds Tobacco class B Rheem Manufacturing Co Remington 34% July 1,160 a38% a38% 1 Co & 17% 18 Co Mfg 40% 16% 16 16'/a a Mar 32 al7% al8% al7% al7% Marchant Calculators Co Low High for Week High Low Sales Range of Prices Sale Price Par Leslie Week's Last STOCKS for Week Range Sale Price " Dec 7% Jan CANADIAN MARKETS 'RANGE FOR WEEK ENDED JANUARY 15 Last STOCKS Exchange . . Friday ; 8TOCKS Sale Price Par Abltibl Power^& 17 5,200 12% Apr 17 26% 935 25'A Jan 26'/a Feb 40% 730 30% Oct 49% Jan • 47% ^6 47% 3,029 preferred__25 24 24 24 135 100 104% 104% 105 400 100 May 50 Pulp & 49 12% 48% 12% 49 12% 405 48 Dec _• preferred Corp Steels '~41% Apr 21% Apr 53 % 24 Nov Jan May 105 % July Paper— Argus Corp Ltd common... 100 85 • 25 • common Ltd 155/3 85 24%. 151/2 Traction Light & Power- 825 11 "A Aug 49 12% Nov Dec 85 10 80 Feb 25 2,745 23% Dec 27% Aug 1534 1,890 12% Sep 23% 83 % Mar Jan American Bank British American Oil common Note Elec Fast quotations Canadian Stock Exchanges through our Canadian affiliate which has a direct private wire from coast to coast. • Mills Bruck Ltd —25 "A" class 8 "B" Class • Telephone Columbia British __ _ __ - - Products Gold Dredging Building Bulolo Canada 5 • Cement common $1.30 preferred .—...—20 Iron Foundries...—— 10 Safeway 5% preierred 1st 100 -100 W. C. Pitfield & 30 Broad Street Co, Inc. Tel: HAnover 2-9250 Canadian Canadian 7% 8,515 al6J/2 alG'/a 85 $1.75 v 20% 21 3,285 48'/a 48 J/4 890 Jan 15% July 22% Jan 35 '/a 40 t Jun 11% Jan Jun Sep 6% Dec Jan 17% May 16% Sep 21% Dec 46 Jan 50% Aug 14 5% Oct £6% 5% 6% 6,390 4.55 17% 17% 18 2,385 17 % Dec 18% Oct 35'A 35% 425 32% Apr 36% Nov If.' f — Nov 11'A 200 5 - 5 400 4.00 Oct 36 36 J/2 375 34% Dec 6.50 6.70 2,700 5.00 Nov 89 28% 95 28% 11 J/2 1 ,36% £6.70 \ 11% Apr 90 1-23% jJ9% i 101 {. — f — a50% fj22% '72" 19 8% 40 7.25 Mar Jun Mar Dec Dec Apr 91 1,405 27 Jan 29 % Mar 19% 19% 101 101% 835 19 Nov 22% 98% Jan 102'A Aug 101 101 % 94% 95 a50 a50 % .40 99 Jan 102% Aug 495 70 Apr 82 21% 590 70 29 46 Feb 50 "4 Mar 17 Apr 21% 85 35 % 29 Jan 10 7,118 22'A 35 Feb 34% Jun 40 Feb 150 24% Jun 33 Mar Dec • Foundry common Celanese ... Chemical & Cottons 6% Oil » £18% 18 18 % 20 19% 20% 670 17 Oct 20 % Mar 24% 1,102 22 Nov 46 31'A 31% 15 18 8% 8% ja4.50 a4.50 15 15 19 19 450 30 Nov 34% Aug Cellulose 13 1,675 100 25 25 4 preferred—20 preferred.^ 25 'A' Locomotive Companies preferred v35% £ * common series Canadian 20% 48'A High 45 36 * series Canadian 452 J/2 20 Car & Canadian Converters page 41. * 7 Ltd Canners A Canadian $1.00 NEW YORK Breweries Canadian Bronze common Class Teletype: NY1-1979 • 50 preferred Canadian 5% 7'/a . • Canadian see 7,867 __ Power.'.. Columbia British Canadian For footnotes 40 7% 5% preferred Canada Steamship common 1 all 111 39% Co 2nd on 19 40 • Hob pfd * British Columbia Forest ProductsColumbia British Canada Orders handled 40% 41 —25 Telephone -Brazilian Canada on all Canadian securities. High A 1 Low LOXO B ' British 16% preferred 4%% Bell High 26% 40% *5y4% 2nd Dreferred Asbestos Low 17 Anglo Canadian Atlas Range for Year 1953 High 26 % 40% Aluminum Co of Can 4% $2.80 Low class Paper Range for Year 1953 Shares 19 & Power Class • Aluminium Ltd r Shores 25 Algoma Steel t for Week of Prices Paper common..—__• SI.50 preferred , Bathurst Range Last , Sales for Week 41 Par Week's Range of Prites Sale Price Canadian Funds , Sales Week's Friday Montreal Stock • common - — /' 24 ;31% \ 15 v8%. ; — 15 * ... 4 13 100 101 •- 23% 12% 100% 101 994 205 420 25 15% Aug 18% July 7% Dec 6.00 May Dec 25 15 285 14 Dec 11% Dec 99% Feb 18% Jun Jan 20 Apr 13% Jan 6.00 May 25% May 22 %. Jan 15% 101 Apr Aug v Volume 179 Number 5291 □ \ The Commercial and Financial Chronicle ... 37 (237) CANADIAN MARKETS FOR RANGE Friday STOCKS Week's Last Range Sale Price Pacific Canadian Petroiina Canadian Ltd High 21% 22% 4,303 20% Dec 33% Jan 12% 12 12% 3,415 10% Dec 12 % Dec al7% al7% 350 14 &ep 19 Jan 100 67 % Aug 71% Jun • Corporation CoCKshutt Farm Equipment & 17% 60 • Smelting Corbys Crown i 15 13 Feb 15 22 Sep 34% alO% a a 280 800 21% 10% 525 10 10 10 455 36% 36% 36% 200 Southern Thrift Stores Feb 15 Jan 10% Ltd—— Seagrams Exploration Dome Dominion 2 ; Bridge Dominion Coal Dominion Foundries Dominion Glass 7% & Steel & 1 com Oct 37% Mar United Tobacco, Steel 7 V Dow Bros 11 7% • _„ i — Walker Gooderham & 7% 7% a20 % a21 7 3,397 140 140 Lime Jan 141% '"12% Apr J15% Oil Jan 18% 75 23 4'/c preferred 12% 6'y 21 '/a 9 830 ,18 12% 12%" 12% 730 11 15% 15% 2,760 15% . ... — 21 21% Mar , Jun 14% 280 17% . ' Imperial 20 y4 107 Jan 111 Oct Jan 1,780 28% Jan 33% 31%, 31% 25 27% Apr 32 'f Dec J 37% 37% 265 31% Apr 37 Dec 38% 39% 3,533 314J Jan 38% Deo ' __ 39% 500 49 Dec $5 Apr 39 Mar 53o 32'A 100 14% Mar 20 % 1,994 17 39 1,917 36 Apr 21% Dec "20% Nov 58 Oct Feb 9% Jan Company common 2nd —— 23 % 23% 150 Jan 24'A 23 Jan Canada Malting Co Canada Packers Ltd Dominion Nov Canadian Canadian Inter $2.00 preferred 40 39% 39% 40 565 36% Oct 39 16 50 15 % Dec 18 33% Dec 46'a Jan Aug 16 6% 7.50 55 6% 6% 30 54 55 2,103 96% 96% 63 19% 19 19% 85 82 85 <i _ * 25 17 655 53% 53% 90 32 32 23% 36% 37% 163% 1 82 pfd_100 Co 6 1 Aug 47% Jun 6% 58 Nov 97% Aug 97% 1,363 18 % Sep 82 1 4.70 1,402 62 Apr 29% 29% 29% 890 24% Jun 30% Dec 31 30% 31% 745 27% Nov 32'a 22% 21% 22% 4,350 18 Sep 29% Feb 53% Jan Jan 32% Nov Oct 25% 32 Sep 42 Feb 146% Jan 160 Nov Apr 86 Mar 82 7 V< Woods preferred '. Lang & Sons Ltd Laura Lewis (John 100 A)__ Candv 3% 2.50 Oct 3.75 Apr 400 8% Jun 11% Dec 67 67 110 57 Oct 70 % 103 25 100 Ind Food preferred Products * class A Class * 13% 1,000 5.00 5.00 300 a3.60 95 3.40 3.40 100 40 40 202 6% 6% 85 85 60 a3.65 a3,65 100 common.-.* * Preferred 5'A Enterprises Ltd red 13% a3.60 100 Ltd "B" Combined 102 * Products * common preferred. Commercial 1 Alcohols Ltd * common 50 12% Jan 16 July Consolidated 17% 375 17 Jan 18% Aug Consolidated Paper Corp Ltd • 28% 29 200 28 Nov 33%- Feb Crain Ltd * 138 138 15 140 Feb Crown Zellerbach a9 % ■ a9% a9% 3 class al4 al4 al4 11 °/b 11 11% 14% 13 * A Ltd Bros Div Stand Sec cl A_i * (C'Wi 144 9% 7% May 85 Jan (R L| Corp 3.00 Dominion 14% 1,705 7% Mar 13% Dec 9 125 9 Mar a22 5 10 Jan Oct 140 -- 140 10 100 Mar Oct Fleet 19% 135 17% 18% 18% Sep 20% Jan 18% Jan Jan 85 10% Jan & preferred priority * McCoil Frcntenac Mitchell Molson Oil. Motor Jan 50 18% 6% Oct Nov 27 Apr 42% 90 12 Oct 14 Apr 34% 1,232 27 July 34% Dec 26% Jan 28 _ 1 110 3,170 28% 370 24 Oct 38 Jan Hayes Steel 45 25 35 May 45 Dec Horner 80 7% Great Lakes Telegraph 5% preferred... 50 23 Dec 26% Jan 200 24 Jun 26% Feb Inter 3,531 13% Oct 15% Jan 47 100 46 5 Jun 98% 70 100 Jan 47% Hydro-Electric Paints Apr Kelvinator Oct 102 Lowney Co / National Drug & Chemical common—5 Niagara Noranda Ogilvie l't Mines Flour common Steel 96c 1.00 28 26 28 20 19% 20 —-i:—* 33% 33% 75 33% Dec 35 alO alO 115 9% Sep 10% May 4.10 4.40 9 9% 200 6% 6% 4,050 Jun 10% preferred 100 Ltd Co common—* Ltd (Can! Ltd class Utilities "A":. Ltd > * 4.10 9% . * ; Nov i of Canada Power MacLaren Power & 15% • Feb Mar 821 40c Feb 1.00 Feb 287 23 Jan 33' 3,815 15 Apr 20% 4.15 Nov 8% Mar 2.80 Jan Maple'Leaf Melchers Distilleries Limited 6% 5.00 Jan 9% Jan 5% Dec 55 Jan 22 13% Jan 15% July 47% Jan 56% NOV 55 56 555 a7% 50 10% 32 10 Apr 32% 32% 32% 130 30 36 Feb 5% 5% 400 3 Jan 5% Dec 28% 28 28 % 1,435 24% Feb 29% NOV 25 25 25 50 23 * 12% 12% 12% 100 10. Oct. Apr 26% Mar 13% May 22% a22% 60 18% Jan Mexican 61% 60 62 1,607 58% Dec 78% 31 31 150 29% Apr 33 a7 % alO% Feb Light & Pow Co Ltd com—* Minnesota & Ontario Paper Co 5 Aug Moore Mount 150 75 145 Feb 151 Nov 23% 175 18 Apr 22 Dec 16 50 * 150 ' 400 15% pfd_10 22% Sep Mar 24% * Jan Dec July 338 Feb * Paper Co Co Ltd 13 Milling Corporation Ltd common Royal Rice Mills Ltd a 7% July 8% 11 Jan Jan Dec 100 69% 71 200 65% Jun 73 Aug 25 26 335 2H% Nov 45 Jan Company • 26 ?8 26% 27 3,340 Corp of Canada * 35% 35% 35% 271 31 % :—• 32% 1,840 27% • Apr 2.25 68 24 • 27% Sep 26 River Sep 69 Sep Apr 15% * (Walter M) 11% July 1 Powell 4% 80c J < 24% • 8% 1.00 5 Tubes Feb Jan * a Page-Hersey Aug 77 Ltd corn. Corp 385 Placer Development 65 3,414 12 -—* 10 70% 26 • a65 66 12 • Products a65 70 class * Mills 68% May * Can 25% Ltd preferred Ontario 8 47 9% 35% Feb A of 26 — — Sep 66 600 _—* Weaving Wire 9% 9% 5 Sep 25 15,750 • Preferred 19 85 35 " ' National Steel Car 1,110 66 6 Interprovincial — 22 27% W) class "A" * Securities Corporation * 16% 47 100 22 66 (Frank 23% 40 . Dec 1.65 Ltd—: Products Ltd 15'a a23% a23% 16% Mar 6 Paper 23% class A 13 1.35 redeemable 84 7% 45 28% i Locomotive Morgan 18% 1.15 Mar 80c 1.60 Foreign Power Sec 81 B Montreal a Nov * Co 7% '' Breweries Montreal 18% 7% (Robt) Class a —' 100 _: Sep DSc 4.20 27% Linoleum ' 5 ',r titd oorp xi.....iiii.ii Massey-Harris-Ferguson 9 85 Aug Oct 15% 760 Oilcloth Manufacturing Ford MacMillan & Bloedel Ltd class B_—_* Jan 24 a 34 Dominion Square Corp_Cl: —* East Kootenay Power 7% preferred. 100 Eastern Steel Products Ltd * Oct Jun 42 2.50 Mar 6 22 Dominion Engineering Works Dec 7% Apr 4.05 May Dec Apr 3% 72 3,753 al2% * Sep 11 Apr — 4.10 Feb Feb 32 Jan a— — Feb 14 % 8% Mar 137/a 30 , 18 Nov 3.90 Feb 34% a23 41% 34% a22 100 Feb 105 Feb 13% 297 a23 40% 41% 5 9 * common Preferred , a— 180 80c 80c * —_ 300 * _ Sep * 15% a ___* Shop. Acceptance B Lindsay 1 Jan 250 100 a —' 5% 4.70 2.50 11% 15% * Secord Laurentide Class • common Jan 2.50 Preferred the Feb 29% , of May 11% Paper Inv Ltd— Lumber Co al7% a Nov 18 * Chatco Steel Jan 5 17 % 49% • & Dlaude Neon General Adv class A 29% Mar 85 Oct Aug 25 * a Jan Jan Jan 21 25 163% —_ 97% 47 865 a Sep 16 200 * Jan Mar 12 Sep 85% 25 23% Dec a_L '' 50 * * 9% Westinghouse Company Ltd.* Casmont Catelli a50 17 Ltd 5% Apr 7 1 25% Apr 6,250 a49% • "B" Trust Marconi Canadian 36% 95 common Ltd Inv Power 16 90 100 Western 35% 89 * preferred Canadian July 11,170 90 _* class Industries Canadian Jan 10% ' Investments Canadian 5% 10 Sugar Ltd Gen 7% 10% • preferred & Oct 21 605 1 1st preferred conv $3.00 common Canada 11% July 36 VB High Low Feb 3,875 5 Range for Year 1953 High 47% 10 25 Low 10 9% — Shares Brown 10 — for Week Jan 21% CO" Sales Range of Prices 103 34-/8 CO CO Week's Last Nov ,£%. "Oct fear Lake Dec Exchange 99 36 % a Dec 27 Funds 60 20 39 • i&fcji May 7 Nov common 28% 33% 23 33 ■ 39 a— 26% (John) 31% 38% May 50 5 36% Mar Service 27% 33% V- 2,080 36% Public ___10 * 28% " Nov 37 Jan 42% 6 Sep Limited 10 37% 43% 6 Ltd Jun Jamaica 36 * Stores 28 Labatt Feb Dec 42 % Belgium 21% 5 31 Dec 8% Mar * 43% 67% Mar 3,491 Lines 2,506 1,575 Mar 16 ~ Sep 29% Pipe 6 54% oj % 34-/8 20 Utilities Corp com 1,330 25 29% Preferred 8% ' f: 8% 28% International 20 8% Par 25 Interprovincial 50% Jan 25 29 % Power Jan 18% 12% July 7% a48 % a48 % * International 43% 150 8 100 • May 200 25 100 Ltd Nov 15 1,945 5 31 common .5 Co 136 Jan 12 36% L—10 Aug 330 Petroleum Feb 11% 20 Friday 3,685 International : 125 • 100 * common Jan 2.80 Sep 51 % , STOCKS a6 % Paper Sep Dec 6 Jan - 12 20- 8% ** 10 250 , Anglo-Canadian Pulp & Paper Anglo-Nfld Development Co 101 preferred 4 2.00 50 % 51% Canadian 35% 84.00 131 12% Canadian Stock 35% International 131 12% __ 22% Mar Apr Feb 105% 75 * 23% 100 500 45% Mar 60 pfd. Jan 5 J2.60 July 59% common 13 % 42% 10 35 6% 2,046 5 43% Rpy|l*._ 35% Canada 25 24 2.60 __ L__10 i__; a6% of . 10 Jan' 101 55 60 preferred v —„ 35% Nickel ' — . 35% 7'r Aug 32% July • v ? ' Dominion 30 Intl Sep ' Jan 13% July 2,130 109 110% 110% — 21 840 _£1 Bronze 28 __10 common..* International 1,261 5 __10 preferred Corp 30% Sale Price 106% 21% —25 Acceptance 29 % __ Aug 25 20 Vb 50 preferred ' I—— $1.50 Industrial 34 Jan* Oct 9% 20 * . f" Feb Dec 9% . * Imperial Tobacco of Canada Jan Dec 23% a 37 % Ltd 27% 25 • Scotia Canadian Imperial 140 Nov -15% 9% * 33% Aug 365 20% Alabastine. & Feb 4,245 36% Hamilton Bridge Howard Smith Paper common Hudson Bay Mining-. 10% 15% 37% pfd inc 1927 20% 20% 5 Goodyear Tire 4% ' Canadienne Apr Feb" 19% _3 preferred 9 Sep 15% 100 Wares 5% * Toronto Commerce 15% * - Jan Nov 140 Nova Dec 16% 20'a 100 Motors Gypsum 13 Dec 32% * Montreal' a__ 7 * Dynamics A 19% May a22% common 37 t Sep 7% . "T80 6% ' General Steel 6,685 30 Banks— Jan 13% Aug 15% Dec Dec 10 Mar. Jan ___<■ Works Winnipeg Central Gas__! Jan 13 Sep 36 a23% „• 84 a— 1 preferred 5% '< preferred General 375 235 1 5rr General 13% 2.841 7 20 common.. Oct v • Ltd Power 11% a21 * Foundation Co of Canada common Co's it 100 Ltd Paper Co class A pfd Electrolux Corp Famous Players Canadian Corp Gatineau 430 37 37% 15% al5% : 7% • common Eddy Fraser a 14% 17 - * ' Dec 8 Feb 21 ppreferred___100 7% Mar 12'A Mar " Ltd Brewery 37% ——23% preferred Donohue 69% 10 12% 275 * Corp Wabasso Cotton NOV 29% 5% Aug 85 14% al5% * 1 a8 . 20 — Coal preferred Dominion' Textile 665 a8 al3% al3% Jan ' * Dominion Tar & Chemical common tRedeemable 72 % 24% 250 ' " commoni preferred Steel 3,325 71% 72% —25 * new v.* CO 4.60 ' preferred Corset New 28% 4.60 *' 6% Dominion Dominion 28% _2.50 635 30 • Wilsils Ltd Distillers 15% * * High Low 15 29% * Oils Range for Year 1953 High 33% " common Shares 30 , Dec Oct Power—1 for Week Dec 11 Canada Tooke Brothers Tuckett 25% 15 * Steel Co of Canada Triad Dec 8 Co __ Jan Jun 33% Southam July Feb 8 Low * Sales Range of Prices Par Simpsons 16% Mar Sep 5% 25% 10% !„_* Co 9% a6 _* _ Seal a6 25% * — & 725 4,459 » A Cork 11 Week's Last High al3% al3 % 23% 24 23% a6 Glass class Co.oys class B Low 60 10% • Consolidated Textile ' Consumers 60 ■_« . Mining a * — Coghlin (B Jj Conso 1 Low 22% Vickers Chrysler Friday Sale Price Range for Year 1953 10 pfd 15 STOCKB Shares 25 Railway JANUARY ENDED for Week of Prices Par Canadian WEEK Sales 20 Apr 26 Sep 40 Aug Mar 32 31% Apr 34 92 92 10 89 Apr 95 Aug —„• 14 13% 14% 2,240 12% Jan 15 July Quebec Power * 21% 21% 22 355 18% Jan 22 Jun Rolland * 23% 23% 135 13% Jun 25% 70 70 2 75 Ltd Enterprises * Power Corp of Canada 6% 6% N'C preferr#^ 2nd part 1st pfd-100 Dec 23 3.60 Aug 112% Dec 3.00 3.00 50 21 3.00 Manufacturing 7%. preferred__20 21 160 a 111 112% 100 109 Jan 112% Jun 50 55 Aug 59% Apr 56% 50 56% 3.40 — Feb a— — Nov _„__100 Nuclear Paton Price 4T Bros 4% Oil Shawinigan Series Series Sicks' Simon Co A B 12% 12% 200 12 98% 45 98 Apr 99% Aug 42 39 % 42 % 4.705 30% 39 Dec common.* 39% 39% 40 2.661 36% Apr Jun 43 Mar 50 45'a 45 45% 223 42% Feb 46 July * Water pfd * & Power 4% preferred 4%% preferred Williams of 50 Canada iHi & 51 51 51 345 47% * 28 26% 28% 535 19 com preferred Breweries — 100 common Corp 137 137 100 15 * common 24 23% 24 11% 11% 11% 127 20 285 :* common.. Sons Mht 98% Ltd 4%% 74 ✓ May Sep : Power Lawrence Sherwin 100 : preferred Royalite 7'i common Transport Paper common Saguenay St Ltd Co & preferred Provincial 15 17% Mar 51 July 27 Dec Mar 140 Jan 11% May Aug Ltd Co Southern Stowell Screw United A Class United Canada Western Grain Mar Mining HART EXCHANGE Atlas Avillabona ST. WEST. MONTREAL Offices. page 41 46% Feb Feb 34 Dec -* "B"____,—* 11% 11% 10 Jan 11 Apr 13% 11% 500 13% 135 a20 % a20% 50 11% July 12% Aug 19% 23% Dec 5 Ltd 17% 17% 211 15% Mar 21c 21c 100 20c 3.15 3.20 1 Belle ST. JOHNS, P. Q. Bobjo 3.20 13c 15c 11,500 3.55 3.50 3.80 17,600 10c 10c 10c 15,000 a2c a2c 100 9c 11c 41,800 50c -1— 13c * — Oct Feb 17 Oct 35c Sep Corp 51c 9 %c Ltd— Co Ltd—i— —— 21c Rare 3.30 Nov 51c May 5.70 July 29 %c Jan 11c Oct l%c Dec 3%c Mar 8c Oct 20c 45c Oct 1.04 May Apr 11c 1,000 11c Nov 25c Feb 8,000 20c Dec 90p Aug 20c 21c 2,000 13c Sep 60c Apr 1.54 1,300 55c 1,000 41c 1.56 40c Oct Nov 4.10 Mines Ltd.— Mines 6c 5,500 4c Jan 7c 6c 5 %Q 8c 8c 2,000 9c Jan 48c 38c 51c 105,600 27c Nov 84c *30c 39c Ltd— Mines Ltd, Ltd vtc Jan 1.09 May 2,000 30c Gold Ltd Metals Apr 25c 55c Ltd. Mines Ltd Mines Dec 11c 40c Mines Lake 8c '20c 11c Mines Red 1,000 1.37 July 2.25 1.54 Iron Chibougamau 3,400 1 Ltd Ltd Mines Beatrice St. Catherine Street West, Montreal Boreal see Nov 26 Ltd (1937) Uranium Bonville Gold footnotes 16% 995 Mines Ltd Belville Gold For Dec 22% — Sulphur & Barvue Baska PL-9501 SHERBROOKL Ltd Mines Athona EXCHANGE TROIS-RIVIERES 33% 34% 34% Corp Mining Ascot Metals Corp Ltd., Bathurst QUEBEC Sep 33 % * Sulphur STOCK Branch Jan 26% 33% 33% Mines Ltd Arnora CANADIAN 1181 23% 25 * Mines Mines EXCHANGE Telephone J tin 19% 20% Ltd Mines Lead STOCK ST. JAMES Dec 22 19% Stocks— Mining TORONTO 276 Mar 129 25% July 12 Arnb STOCK 17 Jan 33% Breweries Co 18% July Jan 118 22% A—• * Products Ltd Western Oct 14 30 —• class trust voting 17% 425 15% 1,475 2,995 Pipe Line Corporations class Westeel 10 15% 126% 126% 15% 19% "A" Canada Ltd Ainustment' Corp. Ltd— Ankeno & * pfd—100 Gas, of Anacon MONTREAL cum class Corp Oil Mountain al7% al7% * 6% Ltd Co Union Aconic SAVARD Pr Finance Traders A — Canada Ameranium MEMBERS: class Coventry Sangamo Trans July Jan Renold Feb 15 %c Mar Feb Jan 30c 500 27c Dec 23 %c 20c 24c 11,500 4%c Jan 1.10 2.35 2.30 2.60 9,387 2.10 Dec 4.00 Mar Apr r Financial Chronicle... Monday, January 18, 1954 The Commercial and 58 (238) CANADIAN MARKETS RANGE WEEK FOR JANUARY 15 ENDED Sale Price STOCKS Dev Manitoba Central Chibougamau Chimo Gold Metal Fab Fenimore Mines Fontana Yellowknife God's Lake Gold Goldfields Sep Jasper 8c 8c 5,500 8c Dec 19%c Feb Jet 58c 68c 4,500 45c 1.50 4,800 17c 20c 81,600 2.55' 2.95 17,300 11c 7,000 8c Nov 2%c 3 'Ac 1,500 2c Dec 6%C Feb 7c 6c Sep 15V2c Mar tic Gold Sep 23% Jan 48c Nov 1.53 Apr Ltd Dec 11% Jan 79c Apr 500 48c Nov 3,500 33c Nov 94c 1.00 1,500 55c 55c 44c 46c July 1,500 a20c a20c 100 » 10% 1 25c July 8.25 850 Sep 13.25 Jan 3.40 3.50 32,300 J.7U Sep 24c 25c 2,500 5.90 6.65 9,200 2.12 Oct 6.65 Dec 1.62 1,100 1.60 Dec 2.99 Jan 1.26% 1.35 2.4QO 1.37 Oct 1.37 Oct 2.00 2.00 100 Trie an Co Oils Oil 50c __ 6.00 3.1U Sep 1.25 Sep 3.10 Jun 6.90 Sep 13 Mar 52c Mar 100 30c 1.200 80c 800 40c Oct 1.24 Mar 60c 1,000 40c Nov 1.68 50c July " — Jun 2,000 27c Feb 2.25 Sep Jan 1.05 Jan 7c 1,500 Dec 30c May 21c Dec 76c Jan 1.G5 3.85 Mar Sep 2.00 2.06 1,100 72c 68c 75c 13,850 63c Dec 83c 76c 83c 18,700 64c Sep 65c 67c 42,200 65c Dec Sep 1.65 Jan Sep 1.10 Jan ^ 75c ;—10c 1 Ltd Petroleums 100 10c • 1 1 * Oils Ltd 72c 10c 27c Jan 55c Dec 1.40 72c 72c * Limited Co 60c —* Ltd Homestead Wilrich 1.35 Jan 15c 300 , Jan 2.55 —— Ltd Oil Westburne 1.40 7.50 — Ltd Oils Tri-Tor 8.25 a34c 1.26 , Sep Nov 3.40 1,000- 59c 69c — 75c 69c 1,000 35 %c 1.03 Nov 1.70 May 90c Jan 10% 900 Feb 2.05 1.45 Jun 61c Jun Dec 61c Jun Jan 19c 9.90 _* ... Mines Ltd 7.50 16c 18%c 18%c Oct 3.70 1.29 Mar 100 55c Oil Western 7.90 * _ Jan 7c Dec 2%c 7.90 _* Ltd 15c Jan Sep 1.20 ■ 14 * Ltd.— Mines 500 3,000 8.25 Grass • Ltd Mines Mines 3c 21c a34c Empire Oils Ltd Petrol-Chemical 47,300 3c Ltd-—. Trans 1.41 1.500 Oils Sweet 1.15 60c 70c 1 —9 Ltd Petroleums 1.G4 May 1.37 59c 3,700 — 2.40 Mur Jan 60c 900 85c 1.33 —— Dec Jun' 1.63 1 4.20 75c 1.55 Dec 1.02 Sep 700 4.00 6.60 20c Sep 79c 8,300 5,800 8.10 98c 47c 1,000 1.650 35c 1.75 *' 6.70 Jan 300 88c 4.05 15% Jan 1.57 3.50 3.50 Dec Dec 36c Dec 30c Jan 80c 1 :—* Quebec Oils Development — 1 Souris' Valley Oil Co Ltd.—— — * Spring Coulee Oil Corp Ltd——-1 28c 15 'A 96c July Dominion Oil ———* & Western Poplar 88c 1 Mines Metals Ltd Gui-Por Uranium Gunner Pan 55c 30c Oils British Pacific 3.70 • Dec 3yc 21c —-—* 1 Feb 25c 58c — ltd Mines Grandines Ltd— Ltd Petroleums Corp Bristol New New 55,975 58c 28c 2,500 84c 1 1 Ltd National Jan 38c Nov 3,000 Jan 4.40 Mar Oct 1.05 10c 27c 4.00 1 Petroleums Phillips 36c 41 %c 36c 1.35 Dec 4.05 Ltd Gold 500 Oils Merrill Jan 4.25 Sep 45c * Co Oil Corp 1.77 Jun Dec 1.45 1.75 Ltd Oil Home 600 26c 1 —* Ltd 1,700 1.90 90c 42c 26c Oils Ltd Gateway 1.50 Feb Feb „ 1 Ltd Uranium Graham-Bousquet 17,900 24,000 21c I Mines Mines 43c Dec 8.00 Nov 18c 1 —— Gold 4.85 Nov 1 Giant 9,890 8.00 Federated Petroleums Ltd Gaspe Oil Ventures 1 _ Ltd (1945) 4.50 Mar 10 %C Ltd Mines Iron Jan 1.50 — Nickel 2.30 Jan 18 Mines Falconbridge 4,200 High Low 90c 1.85 * 1 Producers Ltd— Rio Dec 1 Ltd Corp 2.94 Del 6c 60c Ltd Metals Eastern 8%c Jun 40c .„ Mines Jun 1 Mines Ltd Mines 8%c 9c ll-'ic 3'Ac Nickel 2,000 6%c Explorations Ltd— Mining Co Ltd Mines 20c 40c Cournor Rim Aug 34 Candego Mines Ltd— East Sullivan 20c a4c Cortez East Dec a4c 40c 11 %c 2.62 Donalda 9c 1 Consolidated Howey Gold Mines — Consolidated Rochette Mines Ltd— D'Eldona Gold Apr 7c Ltd Mines Consolidated Feb 46c 2,000 7.75 8.00 Ltd. Explorers' 8c Dec 3c 12 %c Range for Year 1953 High 80c 80c Ltd * Central Leduc Oils Ltd—————* Consolidated Allenbee Oil & Gas—...1 Consolidated Cordasun Oils 1 Gas & Oil Canadian Feb 2.90 Ltd—* Gold Mines Ltd— Centremaque Jan 1,500 1,000 10 %c 10%c 1 Ltd—— Mines 22c Jan 3 %C Shares Lew Par 20c Mines Ltd.——9 & Mining Co Ltd • Carnegie Celta 3%c 13.600 lor Week High Low 7c 3 '/aC 10%c — —— Range for Year 1953 143/4C 14%C 3%C — Campbell Chibougamau Mines Canadian Collieries (Dunsmuir) Shares Sale Price High 5%c 7c 1 Bouzan Gold Mines Ltd —-—1 Burnhurst Mines Ltd —1 Bruns Man Mines——— 1 Buffalo Canadian Gold Mines Ltd-—* Ltd Gold Mines of Prices Range of Prices Last 8TOCKS for Week Low Par Bouscadillac Range Last Sales Week's Friday (Cont.) Canadian Stock Exchange Sales Week's Friday 13.50 Feb 3.95 Toronto Stock Exchange Canadian Funds Hollinger Iso Jack Lake Mines Kerr-Addison Min Feb Dec 24c Feb Sep 50c May 5,000 10c 4,500 8c 18c 7,600 14c 6%c 2,500 5c Dec 12c Jan 5c 5%c 9,500 4 %c Dec 14c 17% Mines 18 300 16% Nov 21% 13c 2,000 8c Oct 47c Jan 70c 500 30c Jun 80c Jun 1 20c 22c I,500 12c July 25c 13 %c 4,000 8.00 250 24c 46,200 12C 12'/4C 1 14c 8.00 14c 1 16,000 17 %c 49c Dec 20c Aug Nov 10% Feb Sep 70c Jan 12c Dec 45c Aug 3 %c Sep 9'/2c Feb 12c Lid.— 1 17 %c 1 i.c Co Ltd..: * 3%c 3%c 500 1.00 1.01 1.01 1,000 1 15c 15c 4,000 ~12c Sep 25c Jan Mines,.......-—1 24c 24c 500 20c Dec 43c Dec 1,000 . Goldfields Malarttc Ltd— Island 50c 55c a55 a55 10 1 25c 25c 1,000 ——* 10% 10% 200 1 23c 23c 500 — Canada Ltd —... Formaque Mines Ltd Mines Ltd New New Highridge Island "U" Mines.. 1 Jan 41c Oct 2jC 14% Jan 8c 14,500 40c 800 30c 10,000 24c Nov 1.82 1.82 ...1 7%c 1.95 II,000 65c Jun 2.90 Feb 5%c 500 7c Jun 16c 80c May Coal & New Pacific New Santiago Obalski 18c 20c 5,300 15c Nov 66c Feb 50c 6c 6c 6c 2,000 5 %c Dec 18c Mar 9%c July 22c Nov 14c 1,500 9%c 2,500 20c 20c 800 22c Ltd..". 18c 23c 25c 25c 31c ... Ltd.— Ltd— Mines Uranium 14 c 9%C Ltd Mines Mines <19451 Orchan 20c Ltd—iJL—~-~2— Denison r&idulama ♦ — Mines Ltd..——„. Mines Nocana North Oils ; Pacific Gold Pa to Gold Cons Dredging— Goldfields Dec 12,500 14c Nov 31c 10c Dec 49c Sep Aluminum QuA Chibougamau 15 %c a3.60 50 10c 500 4c 5%c 3.00 6,800 1 1,400 3.00 Dec 4c 3.90 Nov 9c Dec 1.84 11c 700 8%c a71c 200 65c 3,000 10c Jan 8c Dec San Gold Antonio Gold Siscoe Gold _ 21c Oct Feb 1' _ 1 4.10 _ 27 %c 1 . 300 83c 12,500 1.49 1.50 1,650 9c 10 50c Canada of Co 11c Mines Udd'.en United • Ltd _ Nepheline Yellowknife Oil Asbestos _ Anchor Vinray 24% 24% 24% -1 1 104% 104% 104% 14c 15c 24c28%c 86c 1.04 20%c 23c 10% 11% Apex 5 A Area —1 . 1.24 Dec Arjon Gold 7c Mines Ltd Mar Weeden Pyrite & Copper Western Tungsten Westville Yukeno 500 40c May 63c Jan 4c May 8c Jan 9c 3,500 11c 11c 9.000 Dec 50c Mar Nov 14c Feb 7%c July lttc Feb 3c 2,850 5.80 Oct 9.70 Feb 3,300 1.75 Dec 2.99 Jan 9%c 9c 9%c 1 7c 7c 7c Aumacho Mines Ltd Ltd Oils Ayillabona 3.60 3.60 3.75 400 85c 85c 92c 9,700 15% 15% 3%c 2%c 16 500 5c 23.509 2.15 1,600 — 1 13.000 13c 16,000 62c 3,600 3c 3%c 13,500 13c 3c 34c 11c 13c 500 Anione « Oil Petroleums Co Bailey Selburn Oils & Calalta Petroleums Calgary & Calvan Canada * Lid 1 Gas class Southern Canid'an Admirals Canadian Atlantic Oils Oils Oil a24c 5.10 5.40 20c 21 %c 38c Nov Nov 4.80 Mar 60c Oct 1.10 Nov 13% Sep 24% Sep 5%c 3.25 26c 43c Jan 4.40 Jan 2%c Dec 7c Feb Jan 56c Jan 50c 29c Dec Dec 1,500 Ltd 1 Ltd 10% ~i Ltd Co 5.15 10% 5.90 3.05. Sep May 54c 35c 13% Jan Sep 6.60 301 45c 44c 48c 23.600 4.70 5.20 2,400 Sep Oct 6,200 12c 25c 3.10 6.00 25c 3.00 Sep Sep Sep . 42c Sep Apr Feb ■•< 5.80 Jan< 2.95 Sep 1.60 Dec 3-00 July 6c Dec 12c Jan 31% Jan 37 Dec 38 Oct 44 Dec Apr 45 1.27 50 74,250 38 %c —1 43% 1.35 1.05 Jan 1.55 Apr 1 1.55 1.46 1.55 3.130 1.30 Dec 4.20 Jan 55c 60c 2,440 Sep 1.95 1.50 16c 52c 1.55 17c 64c 6,100 20.000 159,300 20c 24%c 31,510 42c 19c 7 60c 39% 45c 26c 7 60c 40 2.000 23.797 375 800 8,816 14c 72c 17c 72c 28,800 2,000 Barnat Barvue Mines Mines Ltd f , — Warrants Barymin Base Co Metals Baska — Ltd Mining Uranium Mines Petroleums 1.52 16c 58c 9 ! ; ^ Ltd—- Bathurst Bell Mining Corp Bros Lodge Telephone Bellekeno _* • 9 < — 1 1 _* 9 25 — 22 %c — 39% 14c 1 Mines Berens ,1 River \a — Gairdner & 40 Wall 40c 1.30 14c Jan Sep 1.63 43c Sep Feb Sep Feb 1.10 May. 31c Sep 15c Nov 49c Jan; Dec 49c Jan 16c 6 Apr 53c Dec 8 2.10 Sep 40 14 %c Dec 72c 60c Sep 35 CANADIAN SECURITIES Jan i WHitehall 4-5335 Canadian Affiliates Company Limited Investment Bankers Association of America Wire system to 6.45 Mar — Gairdner, Son & Company Members: The Toronto Stock Exchange Montreal Stock Exchange Canadian Stock Exchange all offices Jan Feb Jun Jan 1.74 Mar Gompamj Inc. Street, New York 5, N. Y. Gairdner & 12% Mar 95c Feb Jan 61c 43% 1.27 Jan 5.20 Oct 2.05 9%c Jun Apr 43% Toronto Jan Sep * 10%c 200 101,200 Association of Canada 3 50 "2 13c 22c Oct lie 61c Sep 15c Jan 25c Jun 2.30 Feb 23% Sep 23c Members: The Investment Dealers' 8.10 8.90 6c 10c 2.25 Jan 3,703 5.15 8.70 7c 14.500 1.000 113,192 Apr Apr 27c Oct ll%c Jan 1.000 4.80 12% 19 Oct 10 of 8.15 Jan 80c 35c Oct 8c Bank 66%c Mar Sep 11%C Dec Dec 30c « 15 Apr 4.75 1,370 Aug 1.06 Feb Jan 1.38 18 %c 4.15 Jan 30c 42% 100 4.05 16c Oct Jan 2c 2.55 14,103 A...1 Jan Jan 40c Jun 1,200 - 25c Ltd Edmonton Corp Ltd Cons Oil & Gas a24c 5.15 21 %c 8c 6%c 35% Beaver Dec Dec May 42% Beattie-Duquesne 22c 1 12% 36% Beatty 4,500 85 - 10 Oct Apr Oct 10 Montreal of Feb 1.10 Oct, 19c —1 : Jan 32c 9 78 Bank of Nova Scotia Oils Bankfield Cons 1.65 Dec Jan' 2.00 8%c 37 'A 42% Banff 30c 12c Dec 55c 12c —.1 , ! 46c 1 — litd Mines 39c Feb Aug 36c 1 1 Jan 10c 42c 2.30 -1 , Gold Sep 60c _ Ltd Anglo-Canadian Mines—— River Aumaque Aunor 30c Sep Jan 21 %c 9,900 120,475 25 37,735 3,045 *9 Dec Feb 4c 900 18 53c 1 Mines Sep 13c 9%c 80c 8c 10 15 48c Dec .,9c 810 9%c Jan Dec Dec -17c 20,600 12% 83% Jan 8.25 49 48 4,050 43c 51 %c Aubelle 6c 34c ^ Jilly 21c Dec 4.55 A,pr 5.70 Apr 5%c Sep 7,498 285 12% Atlin-Ruffner 10c 1 - 2.26 33,400 29,600 12c 15% 80c 8,400 Stocks— Oil Altex Mines __ Jan 20 9.15 Mar 1,649 8,550 ,18,250 10c 15% (1937)— Mines 500 Cooper Mines Ltd Aug 40c 6c 26c 10 B Steels 1,000 ______ Wendell Mineral Products Ltd 9:>c Sep 4%c 23c ll%c 15% Atlas Bank 2.000 2.06 Jun 16c 70,000 —1 9 Athona 15,500 1 — 60c 2,600 5.348 1,471 606 20c Sep 26c class Dec Jan Jan 18 48c 1 Com Hardware 105 Jan May 54c 1.81 6%c 4c 7,000 Metals 24 30c — 1 Apr Dec 83% -1 - Jan 53 % 100% May 2.00 43c 30c — 49% Dec Dec 11c 43c 100 Preferred Oct 12 %c 50c Feb 3.40 Jan 27c 26c —9 Mines ~1 Feb 18 %c 9c 9c Feb 3.85 14,500 5.10 49 30c Jan 2.80 Oct 89,995 44,900 3.80 9c. 5.45 49 25c • 30c 1.35 Dec 21% 12.675 4,975 5.80 " — — 1—— Porcupine Aquarius 14c Mines 1 3.50 7%c 1.65 Mar 40 19c 4.20 3.80 Aug 26c 27 %C 5 10 — 13c 1 3.55 7%c ——1 —— Cons Res— 1.44 30c 28% 96c 22c 11 18% Mar 31 330 617 — Feb 1.05 105 1 13c * Malartic Sep 7% Mar 3.05 1,706 Mines 1.44 1 Ltd Violamac 75c ————50c ——1 ... Petroleums 10c __ Ltd Corp 1,000 99,000 1,180 Anglo-Canadian Oil ————9 Anglo Canadian Pulp & Paper pfd„50 Anglo Rouyn Mines 1 1 .. United Montauban Mines Ventures 90c 1.48 3.40 9 10c * Ltd 90c 1.36 3.35 1 3,585 Lead 1 . _ 90c 1.37 3.40 pfd—25 1st — class Dev 14c 15 %c 1 _ __ Lid Dec Petroleums Ltd——— Leduc American 15c „ Mines 75c 47% —■ American Bata Goldfields 10,410 15 %c 3.95 2,000 1.90 Mines 84c 17c 4.00 4.20 7.15 Silver 60c Bailey Selburn Oil & Gas class A——1 4.10 6.90 Trebor Feb 79c Bagamac Mines Oct 1.80 Tobrit Feb 27c Jan 1.71 1.90 Ltd 48c Sep Dec Oct 6.90 Mines Dec- 13c 90c "Aug 1.71 1 Tiblcmont 11 %c 22 1,000 1 Tazin 9,625 2,000 40% Jan 7c . Nov 21,100 Steep Rock Iron Mines Ltd Mines Dec Oct 25c Jan , ' %C Sullivan Cons 8c 3c 15 1.80 9c _1 - 1,500 15 Jan 4c 0 .... Ltd 41,500 *' 4c . Jan 43c 1 Lid Corp 18c 1.54 21c 1.80 _1 Mines Mines Mining Steeloy 10 %c (19441 Mines Gold Standard Ltd Mines Soma-Duvernay Stadacona Lid Mines fcjberriu-Uordou 1.50 __L— -1 Ltd Mines 13c 14%' 81c ----- 1. Royran Gold Fields Ltd 13%cl4%c 16%c 17c — 40 May 3.90 Aug July 14c Oct 33c Jun 11c 3 %c 15 Mines Ltd... Uranium 14c 46% preferred Larder Ashdown 14c _ Qucbec Smelting & Refining Ltd—,— Quebec Yellowknife Gold Mines Ltd— Rix-Athabasca 16% ' ' Copper Corp ——— Qudbec Labrador Development Co Ltd- Qudbec Queniont Mining Corp Ltd ..— Radiore Uranium MlnefrLtd 110 143 . aTlc lie Fields Ltd Gold 6% 17% 17 40% 47% Amalgamated Ascot 500 1,500 2.98 __ — . 30c 10c __ East 6% Oct 6 Dec 13,600 a3.60 __ Ltd Prime Mines Ltd— Donfe Mines Porcupine Preston 30c 4- —_ Mines Ltd Perchcourt — 17'/4 9 Argus Corp common. 1.03 May 40c 10 %c 10 %c —, —— 1,295 —* Ltd Armistice Paramaque 26% —* Gas—— Consolidated Aluminium Ankeno Feb 26% Feb 36c Dec 7c Nov 26% 1 —* Knife Petroleums Algoma Steei Amurex Oct 26% Mar 29c 29c 1 Ltd..— Mines Dec 9% Jan Mar 5%c Co'—'—_9 Milling 66c 40c 8c 1 ——* 69% Dec 17 Apr 22% * — Yellow Albermont American Sep 20c 12% 1 —' - AJax Petroleums 2nd "51% Oil. & Anacon 1 , Harricanna Louvre _1 5 _ Ltd. Mines Mining Cor Ltd.. Gas Alberta 5,041 -9 common——.. Acadia-Uranium Akaitcho Sep 6.15 High Low 17 9 Acadia-Atlan Acme Range for Year 1953 High 16% 17 —-—20 preferred $1.50 • common Shares Mar —— ... Paper & Power for Week Low Par Class A 13c Range of Prices Last Sale Price Abltlhi Sales Week's Friday STOCKS Jan 70c , Asbestos Mines Larder 3%c 18 Oils Mining Corp ol Mogaaor Mines New 6c _*, Explor Co Ltd— Mclntyre-Porcupine New Dec 5c Ltd—_— Maritimes'Mining Corp New 2c 3c — __ Ltd Zinc & Uranium Merrill Feb 11% ..1 Lingside Copper Mining Marbenor Apr 1.85 3,920 5c . Mines Lead & Louvicourt 5.20 Sep trust Mines Gold Klondike-Kcno Lorado Jan 30C —_. Keyboycon Mines Ltd Keymet Mines Ltd Landover Jan 48C 38,150 17c Ltd— Kayrand Ming Devi Co Ltd. Kenmayo Yukon Mines Ltd Lafayette 15% 3,400 60c Ltd Jardun Mines Ltd voting Kontiki Oct 2.20 52c 10c Mines Mines Labrador 12% 2.10 59c — 12'A 2.16 Mining & Dev Uranium Jaculet 12% Mines Ltd Co Gold Cons Inspiration Volume 179 Number 5291... The Commercial and Financial Chronicle (239) CANADIAN MARKETS RANGE Friday STOCKS Week's Last Range Sale Price Pa Beta Gamma Bevcourt Biois Yukon Bonville 30c 39c 35c 19,700 397,800 9'Ac 10 %c 8,200 : 7c Mines Gold Bralorne Mine Brantford Red Britalta British Columbia 4% % 5 'k Class Consolidated 24c 156,400 Apr Consolidated Goiden 9%c 5,000 6 Voc Dec 20c Jan Consolidated 7'Ac Sep 18c Feb Consolidated 106,800 Columbia Empire Mills Brunhurst Feb 8'/a Jun Cons Dec 11'A 5.25 Jan Consolidated Nov 17c 1.30 July 3.35 Sep 16% Sep Jun 10'A 2% 6,221 Feb Jan 21'A Jan 79% 78 79 % 100 Feb 76 81 91 91 91% 115 87 Jan 48% 48 48 V2 95% Aug 1.336 47 Jan 6% 5% 6% 50'A July 12,710 13 13% 235 * ' Power 9 9%- 4.60 Apr 10% Aug 6'A Sep 540 * 17"% 17% 1 40c 38c 49c 217,450 1 2.20 2.17 2.24 10,700 class A * Ltd & Smelting 12 Mar Oct Dec 2.10 Oct 1.40 3.25 Feb 1 12% 11'A 210 18c 20,250 11c 7,Uo0 8c Dec 21c 17c 18'Ac 17c Apr 13,650 12c Nov 93c May 12 'A 11 Nov 10c Dec 19 Gold 1 Apr 13 3,575 10'A Dec 23% Apr 8%c Ankerite 8c 1 ; 60c Buffalo Canadian * 2,500 5c Dec 15c Feb Red 1 1.05 11,043 50'Ac 222,900 12'Ac 5c Lake Building Products Bulldog Yellow Burns & Co Class L_* Knife class B 1 12c Calnorth Calvan Life 1 common Oil 16c class 17c 17,500 2.85 2.95 4,082 7.55 — S 19'A 19'A 475 19 Oct 80 Apr 76 Feb 8% 8% 50 <7 10% 100 10 July 3.50 Feb 91 Dec 29'A May Apr 20% Feb 86 Apr 9 July 12% Jan Canadian Bakeries Dec Consolidated Ranwick Consolidated 1,430 2.40 Oct 5.05 2.10 300 1.30 Oct 3.00 Mar Corby (H) Class B Cosmos Canners Class A preferred — Chemical Canadian Colleries & _— Croinor (Dunsmuir) D'Aragon Davis Leather Davison Delnite Del 9.00 2,595 2.55 600 50 84 46% 24 %c 12'A 5.35 Sep 1.25 Oct 2.85 Dominion Class Donalda Dow Oil Duvex 17 Apr 21% Dec 28'A 29 1,588 23% Jun 33 Jan 18% 18'A 445 15% Sep 19 19'A 20 1,145 16'A Sep 20% Mar 8% 8'A 735 7.50 8.20 24,297 68c 69C 3,133 Nov 7'A 34'A Dec Jun Sep 42c Nov 45 Jun Canadian Pacific Canadian 1 Railway Canadian Petrofina Ltd 25 80c 6'A 135 38c 67c 91,605 35c Nov 12'A . 3.50 13 663 12 Sep 100 100% 49c 12% 100 Canadian Oil & Gas Reserves 105 97 Jan 75c 14 Jan 8.00 86C Dec Jan 31c Jan 1.51 55'A Jan Nov Pipe Line Products 1 160 2.00 5'A Jan Jan 4.00 * — • Canadian Williston Minerals Cariboo Gold Casslar Castle .1 __ . Asbestos Corp 8% Jan 55c Jan 15'A 101 Mar July 90c 7,200 88c Dec 1.77 2,540 20% Dec 32% Jan 12%. 1.102 10'A Dec 12 • Ltd 12 1.43 1.43 1.54 53 50 55 17% 17 2.45 10,455 . 1.33 Sep Jun 2.30 Mar — 260 27% May 45% 17% 965 14 19 2.25 2.45 1,850 ' 1.20 88c 91c 2.400 80c . . .. Sep Dec Mar Oct 3.30 Jan Dec 1.50 Feb _ ... 6.60 6.60 C.70 4,025 4.05 1 2.45 2.42 2.4-5 1,100 2.15 May 2.90 3.95 4.05 1,540 3.20 6.00 Jan 1.90 1.80 1.90 12,000 4.30 Jan 85c 3,800 70c 15c Explorers Eddy El El Sol Leduc Oil Central • Patricia Central Porcupine Lake Centre Camberlain Charter .1 Gold Oil 19c 6,500 1.44 193,200 8'AC 8'Ac 2,000 1 Oct Sep 9.50 Mar -. • -50c Mines Exj-lorers 1 Ltd Chromium Bar Class common. * lie Sep 45c 95c Sep 2.10 Mar 1.55 1.52 1.61 27,500 6c 6 %c 2,500 33c 33c 37c 19.122 23c Jan 58c 68c 8,300 40c Dec 1.46 1.57 160,500 72c Jan 4.40 Mar 2.75 200 Sey 5.05 5 5 5 l class, A._ 8 25 1 l __ . — Mines ; . .5 Oil Astoria 1 1 aee page 41. 80c 15% 4,400 100 10 % 11'A 1,430 9%c 8%c 9%c 4.500 1.04 5c DedUr 18c Mar Jan 19c 12'A Apr 16'A Jan 70c Sep 1.30 July 7c 15'Ac 15c 19c 1,500 1 Nov 1.10 29,600 7,400 96c Sep 3,970 24 Nov 4.55 2.50 45c Feb 2.96 Jan 29 Nov 4.60 1,250 3.80 Dec 15 14% 15 1,182 13% Dec 22% Mar 31'A 32 585 27'A Apr 34 14% 14% 2,010 12'A Apr 15% 99'A 99'A 140 96% Apr 100 Jun 11'A 12 975 Sep 16 Mar 11 11% 459 Sep Sep 16'A Jan 19'A Nov ♦ 11% ♦ common Sep-, Jan Jan 31'A 100 * 11c Feb 1.92 3.75 Oct 4,400 Feb 52c Dec 1.15 18c ♦ 9 10'A 7.75 Mar July Jan • 18% 18'A 18% 1,455 • 7% 7'A '7% 2,965 7'A Dec 9 21 21 175 19'A Jan 21 Dec 6% common 7% I,190 Nov 11 Jan —_4 2.50 2.50 53c 59c 20'A 110 1 30c 30c 34c 1 23'Ac 22 c 25c 78c 73c 78c 9%c lie 3,500 Minerals-. Mines 1 2.12 2.05 18% Dec 7,100 25c Dec 96c Jan 41/200 93,025 20c Dec 58c Feb 21c Sep 89c Oct Sep 1.45 Sep 70c Sep 12c July 2.32 83c 88c 44,700 3.65 4.25 II,125 1 1.38 1.12 1.41 7'Ac 47,600 83c 231,300 6'A 6'A 27 26 27 23'A 23'A 23'A 35 1 46c 45c 48c 11,650 7c 7c 6,500 1 Gold 1 May 3.15 Feu 1.65 Jan 6.80 Dec 45c 235 —20 3.45 115 10 Oils Feb 94c Jan 4.10 " 5.00 Sep 15 1 Investment Oct 2.00 Apr 45c 1 Mines. Mines A 7 46,600 19'A 14 100 56c 20'A Gas_ class ; Jan Jan 4'A 2.45 Mar Sep 8% Apr 27'A Mar 24 Oct 21 Mar 23'A Oct 78c Mar Sep 15c Feb 16c May 65c Mar 37c Feb * 6c Eureka 7'Ac 36c 33c 38c 21,000 22c Aug 1 22c 22c 25c 36,300 18c Dec 1.00 Feb 1 Mines 7%c * Glacier Estella 58c 54c 58c 5,600 48c Sep 1.55 Jan 4,035 13 Sep Corn Ltd 2,000 5c Jan Falconbrldge Nickel Famous Players Fanny Farmer Fargo Oils Ltd Federal Grain • 15% 15'A 19'A 15% 20 20 650 20'A 20'A 20'A 635 * 1 1 250 class A • Preferred 2.09 14,128 19'A 19'A 350 15 Mar 26'A 26 »A 350 24 Jan 10c 13'Ac 109,800 1.93 1.98 19'A 20 Kirkland 18 Sep 19'A Sep 1.20 23 7A Jan 1 12c —• 4.10 3.95 4.30 10,150 1 60c 56'Ac 62C 69,350 47c 20c 1,000 15c Nov 8% 8'A 75 Jan Jan 3.25 May 21'A Nov 27 Oct 13c Jan Dec 20c 5c Jan 21% July 25 Federated Petroleum Fenimore Iron Mines B warrants Fittings • Ltd A common Fleet Manufacturing Ford Motor — 3.10 Sep 7.50 Mar 1.54 38c 8'A Aug Apr Aug Apr 9'A Foundation Fraser class • 1.35 1.65 18,820 70% 66 70'A 7,128 80c Sep 59 Apr Co * 290 11 Jun Gold * 6c 6c 6c 900 5'Ac Nov * 15% 15'A 15% 490 13% July 101 101 20 5.00 4.85 5.00 14,730 - 63c 63c 65c 5,170 92 92 92 20 1 24c 17'Ac 24c 8,100 74c 69c 78c 35,200 21 21'A 5,576 106'A 109% 322 Cos common Preferred 12'A 12% 100 - Frobisher Ltd • common Warrants 4r/o 1.60 • A 12% 100 May 4.10 50c 2.25 68 Feb Mar 14% Aug 10c Feb Jan 18 103 Jan Sep 9.20 Feb Sep 2.20 Feb Sep Jan 1.95 Mar 15c 83c 1.40 Feb Jun Jan debentures Gaitwin Exploration 1.20 May Exploration of Alberta Gatineau 5% Power * * common preferred 21% 100 General Bakeries * 5'Ac 5%c 325 General 3 3 7'A 36% 37% 735 5 60'A 57% 60 »A 816 5.15 5.35 5.20- 5.35 Dynamics General Motors General Petroleum common 1 Class A General 1 Steel Wares Gold 1 Gold Sep 50c Sep 20'A May 100 4.90 31 Feb Jan 1 8.25 —1 1 1.80 Apr Jan 22'A Mar 106 6.00 July Jan July 45 Oct 68'A 1,600 4.75 Oct 8.50 Jan 960 4.40 Sep 7.50 Jan 105 15 Nov 100 10 99 9%c 231,225 7.90 8.25 1,660 16 60c 52% 8c 9'Ac Mines Dec 16c 100 15% 100 .. Yellowknife Glenora 5.20 4 common Preferred Geneva Lake Giant 5%c 90 8,000 17'A May Feb Apr May 1.04 Jan 7c Jun 12'Ac Deo 7.30 Dec 11% Jan Jan God's Lake 2'Ac Jan 7%c May 3%c 98c 87c 1.00 88,685 66c Jan 1 36c 28c 37c 105,500 18c Mar 53c May 18'Ac 20c 13,100 15c Dec 46c Mar --1 12c 8%c 12c 50.900 6c Sep 15c Apr 1 1.55 1.45 1.59 10,200 1.45 Dec 3.75 Jan * Gold 3%c '—• 18'Ac 3.00 35'Ac 35'Ac 600 7'A 5c 1.25 Oct 9% 58c 44c 58c 51,800 Dec 1.00 Goldale Mines 14 Feb 14'Ac Jan 2.40 1.50 19 Apr Jan Jan 16'A Mar 17c Mar 25c Oct 74c Mar 4c Jan 11c Feb 2,500 3.90 700 3.90 7'A 7'A 100 7 1.75 1.75 1.85 400 46C 47c 2,215 23C 29c 29.700 8,050 Oct 7'Ac Dec 4'Ac •10c 10'Ac Sep Dec 4C 10 %c Sep 15 3.80 25c Dec 71c 3.85 • Allenbee For footnotes 15% 10'A l . • Mines Consolidated 17,970 1 9 National Consolidated 1.40 75c 1 _ Commonwealth Petroleum Conduits 7,500 1.30 » • Copper Coniagas 8c 1.35 _ Equipment Y'Knife Sep Dec 10c 1.25 Feb 50c 34% 2,000 1.75 15c Dec July 16,500 1.55 16 V2C Mar Dec 27 1.80 25 7c Coin Lake Coniaurum Mar 6.740 75C Mining Corp Wi'lans Cochrane-Dunlop Colomac 6%c 25c Jan 1.30 Mar >0 Cobalt Consolidated Coldstream Feb 15,550 8 ._ __—1 Cockshutt Farm Dec 19 %c 19c Citra-Lartic Cochenour Aug 1.25 Oct 1.55 1.48 Knitting A 30c Nov 16c 1 Circle Sep 1.30 • __ 8c 1.32 Mar 19c 1 Gold Chimo 1.03 Dec 1.55 —L_1 I Mines Chibougamau 1.40 Sep 2.75 ... Chemical Research Chesterville 16c 1.20 1 ... Oils Chesklrk 18c 1 . Uranium Centremaque Dec 28% Steel Emerald 6c 1.67 Metals Paper Aug 'A c 8 1.20 1.72 _1 Pen-Rey f?0c 28% Elder Mines Gas* Central & Dec 10'Ac 12'Ac 1 & Sep 17c Jan 3.95 79c _ 8 'A c 12'A Dec 21% I Trethewey Central • - 2,521 10'A 1.73 10 Nickel Francoeur Canadian Tire Corp common. Canadian Vickers 57,000 34% 11 Jan Feb 22% 22% 12% pfd 5,500 30c 34 % Nov Jun Nov Aug 15c 210 Jun Jan 2.20 Sep 55,900 55 Dec 46 50c 3,300 97c 53 53 21c 85C 85c July Nov 6'A preferred 9c 25c 12'Ac 6.50 Mar 9,675 8'A . • 8%c 1 Oils Economic 22% 8.00 • common 9c 25c 34'A 8 28'A Dyno Mines Eastern Sep 3.50- r. Cos 4,500 * Oils Feb 21% 30 5.45 Mar 5fi,. Feb 8 175 Mines 95c 14 175 Dec Dec 9'A 10,850 220,528 Brewery Rim 33 . Malartic Canadian 6,500 7c' 15 * common A Canadian 5% Products 27c 7c 23.50 Sullivan Jun 32 3.25 15c 2 (Western) Tar. & Chemical East Jan 17c Food 21'Ac 7c 42c 1 Dominion Textile common.. Dominion Wollens Federal Canadian 27c 1.10 ' Preferred East 11 21% Dec 25c Stores Dominion Dec 28'A 960 17., 1,495 35c Dominion Magnesium Dominion Steel & Coal 3.00 May 1,594 24'A Jan 1,020 . 1.05 1 Dominion Foundry & Steel com Preferred 50% 12'A 33'A 350 Feb Jun 39 10 13'A Bank 12'A Mar Sep Jan 33 31'A • 10 36c Ltd Seagrams Eastern 24 • 10% 10 Dec 27c 20c 14 3,500 1.10 Minerals Malurtic 50 51'Ac Sep Jun 1.750 18c Dec 8c 10 3.70 1 Ltd Amphi 19,950 53% 18c 13'A Devon-Leduc Oils Eust 8.55 50c 5,940 10'A 1 East — Petroleum A Mines Producers Nov Warrants Devonian 1 . Mines Rio May 24,665 18 50c 58 • Dredge 10'A 1 ; class Gold Jan 48c 17 3.50 18c 1 5 July 3.05 July . 7'Ac 3,500 53% 3.65 _1 Oils D'Eldona 335 5.25 10'Ac 9 _ Mines 61 40c 19,328 101,450 10c * Pershing 58'A 4.70 1.05 9'Ac 11'Ac 17% Apr — 3 common 86c 10c 10 'Ac Mills— Crown Zellerbach Corp Crowshore Patricia 35 18% • » Crestaurum Mines 39 25 _ Cellulose- voting Jan 8 % Feb l Feb 2.50 1.40 Jan 2.25 1 Jan • common 5% 50 1 Mining 28% 28% „.20 _ Celanese * L Cournor 33'A 33'A • common Apr 22% • 100 20 —_ 75 12'A • : _— Imperial 1.070 45c * 10 Coulee Lead 32'A 5.20 10 __ Dist 37'A ~ , — 8 2.50 1 1 Conwest Exploration Copper-Man Mines Ltd 32'A 8.75 • __ Can 7 2.50 1 Rochette Continental 8 ,2.50 Consolidated Sannorm Consumers Gas 61 _2 Breweries DecaUa 4.00 2.50 Canadian Bank of Commerce Car 35,609 15c * 37'A ..50 _ Feb Jan class A 32'A 1 preferred Jan 39c 30c Press B Dec Mar Consolidated Dragon 3.85 49 2.22 50c 34% Dec —4 Feb Jan Sep Sep 22 7c 17 Feb 10% 20 Oils Canadian 10.50 Jan Oct 78% ._ Oil Canadian 6.70 Dec Feb Oils Admiral Canadian May Nov — Lines Atlantic $1.75 4.60 13 . Canadian Canadian Jan 80 1.35 85c 12'Ac Dec 13c 10c Dominion 26% — 8,033 3,844 12c 12c Jan 72 — 17c 23% 2,490 Jan 160 ♦ Jun * 13c 23% 32,500 Mar 25 6.65 543 A_ Canadian Canadian 45'Ac Aug 2.10 class 50c 2.53 16c 20c 33c 215 * 517,548 2/70 2 3'A 8'Ac 73c 15 • Southern Canadian Dec Sep 95 ♦ 2.97 July 94,314 8c Jun 28% — 49c 18c Dome Exploration Dome Mines 10 Power 42c Jan 36c Dec Dec 8'Ac Jan 14 14 Via Dec 32c 25c • 18'Ac Sep 2.90 10c 1,000 1,500 1 Nov 2.25 275 500 40c 28c 43c 1 • 12c 40c Mar 2.58 Aug 80c Jun Dec 1 14% 90 Lands Warrants Canadian Dec 87/a 3.25 5,375 3.00 92 • Canadian 8.00 3.00 12c 46c „1 Distillers Sep 20c 4,033 Oils Orlac Feb _10 —. . S Jan 15c 3,600 21,320 8.00 " Canada Permanent Mortgage Canada 42 28% A Foundry B Canada Jan 54 Jan 7.50 25c • Assurance Packers Class 34c Jan 23 5.15 Warrants Canada 39% Mar Oct 7'Ac 25c —* common Northern Canada 3 a-iQ 31,700 2.86 „. Machinery Canada 40 11 4.55 20 Canada 24c 20'A 25c Foils Iron Feb Jun 6% 5.10 Gas Preferred Canada 20c 16 %c & Cement Canada 30 10'A 10% Campbell Red Lake Canada Feb 10c Jan 42 140 35c Nov 9c 1,400- 20'A preferred. Flon Oil Bread Dec 34 25 48c 8c 85c 1.35 Mar Peak Consolidated Detta 23 %C 1st Campbell Chibougamau Canada 200 7'A Jan Sep 4c 6,500 38'A 7 Oils Cons Canada .; 13c 38 • Linen Flin 35,000 53'A ; Calgary & Edmonton Caliinan 36'A 53'A Bousquet Caldwell 6c 36 Via 36 Via A Eurrard class A Calder 5c 7,575 25c 1 Feb 62c 15c 24'/2C 23c Buffalo 2.09 High Dec July Consolidated Mar 45c I Buffadison Buffalo 2.00 4'Ac 38c Jan Sep 28c 18'A 11 1 Mining 17% 15'A Mar 12c 14%c 1 Mining 2,473 Dec 9%C 1 Ltd 18 6 1,050 25c 1 Lead Low 44c _l r_ • * 1 Arrow Range for Year 1953 3.000 48c 2.05 Mar __50 A Mines Mining & Smelting Nicholson : Consolidated Class 4%; pfd—lOO Lake Howey Matarrow Shares 6c * Halliweli Consolidated Feb 7c 9,975 21 Dec 6 for Week High 44c 1 1 Crest Gillies 6% 131,900 4.65 2.90 1.08 100 Mines Brunswick 2.10 20 % Oil Mines Brunston 1.15 4.10 21 Mines Reef Brunsman 2,050 4.35 B "——— British 2%c Jan Range 5c 1 Guayana 138,800 14c Forest Products Brtiish Bruck Mar 10c Columbia Packers class Broulan 57c 25 i Columbia British Jan 11,339 preferred British 19c 7% Electric Discovery East 18,600 7% preferred Consolidated 32c 3.20 Oil—. ■ Sales of Prices Low 1 Consolidated Cordasun Nov Consolidated 7V2 Petroleums 1.00 Jan 7 % 2.10 American Jan 33c 7%c Oct 9c 12c Last Central Cadillac 14c 3.10 Lake Dec Consol 20c 3.10 Brilund Mines Ltd British 24c 1.00 Feb Sep B_ class Traction Dec 5'Ac ordinary. Cordage Brazilian 25c Week's Sale Price Par 15,000 9c 12c Friday High 8c 27c 23c Bordulac \ 11'Ac 13'/2 c 30c Boymar Brewis 6c 15 Range for Year J953 Low 24 %c 10%c Bldgood Kirkland Bobjo Shares 28c Mines JANUARY STOCKS High 30c , Gold ENDED for Week of Prices Low Mines WEEK FOR Sales 1.41 40c 20c 7c Jan 4.83 Jan Jun 12% Feb Jan Dec Dec Sep 1.80 Aug 80c 1.03 2lc Feb Jan Jan Gold Eagle Golden Mines Manitou Goldfields Uranium Goldhawk Porcupine Goldora 5c 5c 1,500 3c Dec 9c Feb 4%c 4%C 2,000 3'Ac Jan 12c Feb 4c 4'Ac 7,500 Good li.sh Mining 1 Tire * common Preferred Grandoro Great Mines ——, Paner B 48'A 44c 36c * common 99 65 49'A 531 — Apr Jan Jan 100 Nov 47 Sep 49 May 1.45 Jun 49c 216.000 24c Dec 16c 17c 6,200 13'Ac Dec 36c 1,000 30c Oct 40c 15 Jun 21 Jun 8.65 Dec 6 Dec 10'A Feb 5% Dec 10'A Mar • 20 19 20 6.287 1 8.40 7.95 8.45 2,920 6% 6% 200 5% 5% * * 10c 3c 88'A 36c — —* Great Plains Development Great West Coal class A__ Class .— 49% 1 Mines Lakes 97'A —50 Bousciuet Grandines Feb * 1 Mines Goodyear Graham 36c — 4.25 61'Ac Jan Feb Sep 33 Monday, .January 18, 1954 Commercial and Financial Chronicle... The 40 (240) CANADIAN MARKETS WEEK FOR RANGE JANUARY 15 ENDED Range of Prices Sale Price Lead Gulf Oil Gulf ■- — Gold Gunnar Lake Gold Gwiliim — — 3.05 100 3,00 Feb 4.45 100 4.00 Aug 4.60 Nov 3.85 8.45 Jun 6.55 7.00 1,200 10c 10c 12c 14.500 Sep Dec 45% 45% 100 9.60 10.75 55,188 2 Va Jan 13% 9c 10'Ac 43,100 3%c Jan 20c 34% 810 32 Apr 39 10.75 9%C 33 'A 34% • Gold Rock Harding Carpets _______ Harrison Hibbert Mines "AA Hasaga Gold '"V . : Gold Heath 26'Ac 22c 27c 78,500 9 Vic Nov 21c 19c 23c 29,500 6V2C Jan 10c 9c 13C 33,000 6% Dec 25% May Ltd Petroleums Hy-Charger Lake Oct 9%c Feb 26c 6,700 17c Sep 65c Jan 30c May 48c Jun Mexico 12c Sep Jan Midcon 24 >A Oct 31 Lieht & Power Mexican 15c 1,500 33 100 7 7 200 5% Nov 10 12 Ve 12 'A 2,685 11 Va Oct 15% Sep 13 Jan 20c 22c Feb Minda-Scotia 22c 2,978 15,900 6.30 Milton Brick 8.25 6c 20 Va 20 2.20 2.20 38% 48c 51C 7.75 7.80 750 10c 9c 10c 20,500 28% 10 9% 43 12% Jan Montreal Locomotive 27c Jan Moore Corp 31% 38% Apr common Brass Morrison —— — 48% Sep Naco 36 Jan National 11 Va July 10 2,259 9% Jan 6Va 6'/a 1,000 5% Feb 4'/aC 4%C 6,000 3%C Dec 6% July 9c Feb 28 Sep Chemical com &c Drug Preferred $2 preferred Machine class A Ingersoll 1,175 35% 390 39 Va Preferred Nickel Co common International Petroleum 16c 5%c Sep 12c 65 36 Va . 19% 19 Ve 20 21% 22% 94 Apr Dec 14% 14% Dec 20 Sep 34c 15,300 20c Sep 62c Jan 1.80' 23,700 16% 25% Dec 9.75 Dec Jan 35 Jan 56c Bristol Sep 30 Mar 18 Sep 29% Mar New 4c Jan 22c Dec 12c Apr 9c 500 9c lie 5,000 8c 4.550 Jun Calumet New Concord Development- Feb New 16c 55c Jan 40c Feb Delhi Devon Jan 6%c New Apr Dec 2,100 20c 17c 23c 16,800 433,015 38c 34c 43c 42,300 20Vac 19c 19c 20c 14,000 15c 1.85 1.59 1.90 20,925 ■ Ltd Joburke Gold Joliet-Quebec _— Jonsmith Mines Ltd— Oils II 1 I— • Jupiter Oils Ltd Kelvlnator — — X' Gold Ken well Oils Kenvilie •"— Dec 13 Sep 15% Jan 1,103 21% Dec 27% Apr 50 5% Oct Copper Kristlrta Kroy Oils Ltd Lake Du fault Lingmah Lake Osu Lake Mines 8,500 1.40 1,600 18 700 12c 14%c Jan 39c 35c May 85c 55c Dec ' ■■ 71c 72c 43c 48c 4,800 35c Dec 78 %c Jan 14c 20c 17,700 10c Sep 20c Nov 35c Feb 56c Nov 15c Oct 39c Dec 1.00 Sep 8%C 141,300 42,000 1.35 36,300 17 Va 17% 2,835 7.95 1.10 17 *•; 6.10 Sep Dec 11 Feb 8.10 1,810 75c 17,800 62c is Vic 18 %e 20c 10,250 15c Sep 54c 20c 20c 3,250 18c. Sep 51c 1,000 5.20 Sep 22c 22c 22c 1.80 Apr New Mosher Long Lac New La Luz Mines Gold Lamaque Landover Oils Feb New Rouyn Dec 6% Dec 1.55 Dec 2.99 Jan 24% Sep 27% Dec 25% Oct 9c Dec * - •* » ■' A Ryan Lake Mines —__—-1 11c Senator _1 16C Superior Oils of: Canada Thurbois^. i 1 2.12 it'. 1 'J — 2.10 ?%c 1 _1 6c ; 9c '.*? 7C 500 7C Feb Normetal 4 Vac 2,000 3%c Jan 14 305 13 Jun 14% 11 350 9 Feb 14 14 200 7% Jan 11% Dec 19 19 62c 70c 8'Ac 9'Ac . 80c ———— Nov 1.09 Jan 17%c 8.600 6c Jan 16 %c 83,383 43c Dec 7c 4,310 39'A 41'A Trinity 40% 41'A 627 4'Ac 5c 12,132 46 3%c Jan Gold Petroleums Lomega Sep 36 Northland 46 % July Louvicourt Lynx 15c 18c 5,000 80 Sep 30c Nubar 1.05 973.125 22c Nov 95c Dec 13'Ac 13c 15c 9,000 9c 9c 3,000 ~ _1 — Mines Mackeno Gold MacLead-Cockshutt Lake Gold Mines 10,000 1.48 1.45 - preferred — page 41. * >- '" ' Sep 17% Jun '* r' • : 1.35 1.47 3%C 103 103 10 7 7 7'A 915 1.31 11,000 103 7c 11,300 3'Ac 2c -rr --r-.x*'. - '■ . ' *V. ; Oils i Malartic , 55c .Jan 48c Apr 17'Ac Dec 55c Feb 26c Dec 40c Dec 10c Jan 82c Jan 8,550 7C Julv 20c Feb 6,666 5c Sep 16 %c Feb 11,000 12c Dec 80c Apr Dec. 23C Apr 5'Ac 12 %c Jan 16c Dec 24c lie 8c 10c 9c 10c 8'Ac • 86c 80c 23 l.i4 3.60 96c 23 1.20 3.65 Feb Orange Jan Dec Orenada 1.95 18c 18'Ac * Opemiska Copper Mines 9 6% Co Ltd Feb Crush Gold Osisko Lake Mines; ; :___ :. 1 * 1.14 1 22% 7c —1 52c Dec 11C Feb 8C Sep 35c Jan 4c Jan 12e Feb 10c •- 1,5002,500 " 2.20 common 1.95 Feb 5c 54,000 3,000 31C 4%c 2.05 Dec Steel Feb 14c • Jan 35c 1 80 4c May 9%c Oct Sep 14c '' 79c Apr 1.90 Sep 2.00 2.05 - Dec 4c 11 %c Dec 22% : Loan May 6,409 9;315 — i Jockqy Club Ontario 87c 61,900 80c 1.85 Dec 12c 22% Ontario Jan Ontario Pyrites 9(IC * Apr Nov 4%c - • -- 24c 27C 39c • 74c 8c Jan 3%c Jan 302,016 32,950 •8,500 2^5 Feb 40c 7%c Feb 23,500 4,000 10'Ac - Oct Sep 12c 2.850 6'Ac 8'Ac 8'Ac 74c 12'Ac Jan 25c 13,500 _• Omnitrans Jan 7%c 6% 6% Jan 3.30 2.45 Sep 93,633 _50 Exploration Feb 20% Ontario Jjlly . Okalta 20% 102- 18c 45c 70c Oct 18c Nov 13,779 Jan Apr Jan — 8'Ac July 7 . Lid 2.25 Feb i _ * 1 —1 • Gold 19 %c 100 , 1 Wood Lake Mines Jan 1.30 Dec 1,860 8,500 , „ - Ltd Mines 2.95 Dec ... .. (1940). Ltd Mines Mines O'Leary 1.16 1.65 1.71 28,650 ,22c Selections Jan 15% 9 %c Oil Mar 16 Va / w'4.4- 1.14 O'Brien 40c 395 1 8c Oct Sep 56,175 3,832 60c 65c 4%c 5'Ac 18c 22c 42c 46c __ Feb 15c 45c 8,800 18c . Jan 1.51 Dec 34c 7.849 18c Ogama-Roekland 90c 2,430 1.35 100 2.05 May Dec 3.000 3'Ac • ' Dec 18c 18 1.60 Mbr 12 %c Sep 18'A 9c • Maple Leaf Milling common 51c 1,900 18 18'A - 15c Oakville Obaska 25c " Jan Dec 1.45 Dec 8.500 25c 1.48 1 Goldfields For footnotes see 16c 24c 1 Sugar 65c 1 _. Manitoba & Eastern Manitoba — • Consol Malartic 1.80 62c —. 24c * Madsen Red — 1 Mines.. B Magnet . _1 ._ MacMillan & Bloedel class A Class — 1 8'Ac 6.316 1.67 13 %c 1.76 1 Mines * 10'Ac Oct ' * Explorations Macfle Mines— Jan 2.25 Dec 1.05 45c 141,600 6'A 8c 14c Sep Oct 50c 3,500 12c 13 %c 2.48 2.55 10c Oct 2.92 May 1.33 Feb 260,650 2.20 10c 16c 6'A Mar 75c 1 Mines Goldfields J.. Mines Macdonald 8c — 1 __—_* 1 1 • Mining Jan 16c Yellowknife Macassa ll%c 99c • Uranium Lorado - Feb Nov 1.60 1.20 2,412 -—6'A Canada Northern July 1 Long Island 52c Sep 1.10 28,592 2.00 Inca Nudulama 1 3'Ac Jan Feb 29c 7,950 2.20 8'Ac 14c 1 _1 Gold Star Oil North s. 1.00 Feb Apr 37% Feb 5c • Class B 38'A 723 North Oct 9,200 7c 45e 55c Jan 8c Jan" 3%C . 4.10 Feb Jan Sep 16c 13 Vac Aug 7,500 5,000 7'Ac Dec 1,320 58% Dec 7,800 7%c Sep 4c Jan 22c Feb He Oct 29c Feb 16,000 6,000 4,922 _ 2.40 4.000 8c 9,600 1.56 18,975 16,000 Jan Sep 12c 86C 39% * A class 55c 65c ■ * North Apr 10c 9%c _1 Lexlndin Gold 1 • Mines Ltd Oils North Denison 14 4,400 _ & Jan 27 _• Canadian Oct 12'Ac Oct 5c 8.000 50 1 Groceterias 6'Ac 5'Ac 6%c Long Lac 12c 2.55 : 8%'c Feb 8'Ac 34,948 60 62 20c 25'Ac — Aug 29 c 4.65 139,000 12c 17%c 61'A Mining Oil Norpax North Gold Mines lf)%c 28 Sep 668,075 10% July 14 & Jones class B Loblaw Norlartic 10% Leitch Gold Little Feb 10c 1 Norgold 4V2c * Lencourt Nov 13% 1 Mines Lawson 9c — • —1 -1 Nordon Corp _♦ A _*_ Mines Noranda Jan 3 class Mines Ltd Jan 5%c £ — July 10 7% May Yellowknife Nlsto ■- 51c Dec lie 100 -7c 4%C Nib Jan 5.40 Nov 3.50 200 9% Mar 3.45 Mar Oct 1.40 700 - 39c • ■( ■■ .. Feb 8 Ve Mar 1.20 3qc New 'A 27% Jan 26% 11,667 5%c 6%c 7'Ac 9c "6c 6l^i6 18c lgc' 6c 7'Ac i '■ .. New ' ' ■■ Feb . 8.63 Jan Dec 20c 294,650 i B Lavalie 4.00 • " 9%c Mines Secord Acceptance Laurentlde Class 1.65 10 Vac 12 %c 9% 1 Lapa Cadillac Laura Vic -* Lang & Sons Lapaska 1.60 11 1 8c Mines 1.05 3.95 1 * * Mining Lake Wasa .'..A-.--.——————1 8c Oils— r* — Pete—" — Merger will———1 . — Richfield May 28,200 8c 8'Ac 1.96 18c 2QC "6c 9c 13Va'c l$c 65c 79c 27c , 14 4,700 14c' 15C New 1,600 24c 26c 6V»c Oct 10'A 100 IU3 Nomne New Pacalta New > , —I Gold Newnorth . „ 68c 1 Mines'— Explor —.—___——1 New Mylamaque , New 23c Gold Morrison Mines Ltd 1 68c 14c .1 : 8V4C 1.85 CT„ 19c —1 / A 8c *1 13'%c — New Va July 70c 8.10 ——• — —j May 245 8'Ac 9V*CCc 7c 7c U— Larder New Marlon 2.10 Feb 18 —,1 Dec 13'A 84c 4,500 34C 28%C 9c 11% Jun Dec 225 2.85 38c 37c 19e 19%c ,40c 47c V 29c 1 Jun 11 24c 175 2.60 32c .31c 19'Ac 40c — Newlund Mines .• , Jun ! Hlghridge i MalurtlC. Jason Gold—,—r_ LaguerrevMines— Jun - Huglj Kelore NeW 1.53 Jan U Mines' Ltd_£_'_;— New ' -i ^^1 1 —!—Z — New Jan 65c 17%:; s.1 Mines Dec 6%c 42c —1 1 h New 21% Aug 16 13c < New Feb 2.25 Sep 13,723 7,493 1,741 1.30 ltd•' -I Mines. —1 NCw 23 . 33c 20c — 1.40 37c — — Shore Lake 8%c July 18 %c Feb 14%c MliijnR 8c Exploration. Labrador 13 %c 17'A July 5%c Dec 20c -t .1 — Labatt.(John) 5%c Dec 45c 1 1 — Feb 9,500 4,053 Fortune Jan 1,670 2.87 60c 65c 15'Ac 16c 1.02 1.24 19c 24c 2.65 32c -36c .1 — Jan 77c 7'A 98 170 3,500 ; — 9 Sep 26c 1,500 1.20 ■''■ Mines— Harricana '65c : ;■ . Goldvue- New 72c -1 — New 1.40 .— Kirkland ToWnslte Kiondilce-Keno •£ 3.15 Mar Sep -J'' ' Keymet Mines i Kirkland-Hudson Klrkland Lake New 25 14 %c Keyboycon Mines Jan 17% 1 1 Kerr-Adidson . Warrants tfov 7c 1.40 ,1 ■ New, Dickenson 30c 6%c 8%c 1. . 48c 24 • 25 —1 Petroleum ■'(,' Sep 6%c 6%c 1 * 1 Kayrand Mining — July 1.19 1.29 63c 15'Ac 1.17 22c 50c :—-1 Davies Petroleum New Jan 15c 7c 26c Oil- Continental New ,3.75 Sep 4%c 7c 22c Jet -• -• Mines " 24c 66c Oil British Dominion New Sep 1.95 1.38 2.08 Feb 1.35 Mar 15c 2,030 48c 66'Ac 1.20 1.40 1.00 2.10 65c 70c • — Jan May 3,150 13c ll%c 60 %c 40c 5,700 11c ll%c 1.95 2.20 1 Oils_^ Jun 7 tic 157,500 9c 3.50 Bidlamaque 25 225 1.54 1.60 25% 26 27V2 27% 11%C 1 -1 —1 Alger New New 8c 10V2C 3.35 New Jan 14% 7'A 7'A Apr 1.74 1,375 9'A 9'A llJ/2 12 30c 32%c 10V4 11 % 271'4 27% __ 19c 11,500 33c 30c — 9V» 11V2 ,32c IOV4 27% • Nov 1.95 Sep Dec 6c Nov 84c 4.55 24% 25Va 5% 5% — 1.20 600 4_8c ; 49c -23c 23c 15% 16% — 2.15 Jan 18 Va 24,895 1 (1939) Mines Jellicoe 46 'A Sep 42c 48c 1 Dec 100 Dec Oct 7.00 Apr 50 — 5 ___5 .• • -—20 Uranium Dec 9 Aug 2.95 Dec Nov 5% 17,500 1,450 ll%c Labine 5% Mar 7.00 38c Dec 3.00 Mar 2,616 11 37 Jan 64c Sep 2.00 Sep 15c July 30c _______—________—1 Mines Negus Oct 34% Jun 33% 5,396 22% 9c Feb 6 Nov 27 14.062 1 Oil 5% 20 30 1 Mines 5.10 Feb 20c 1,000 14,000 Jan 6.00 3.15 Dec 39,319 May 6% 1.55 26 Steel Car— National Trust National Nesbitt 30% 35% Jan 40%c Aug 14% —____25c _* „—__________10 National Petroleum July 9 . 30 35% 39 Jun 40c 50 5% 30% Jacknife Gold —• Jack Waite Mines..—-__1 Jasper 15,100 30 5 Interprovincial Pipe Line Jaculet 55 2.23 5 .% Sep July 6%c Jan 185 10% ,36 class B_ Hosiery National 36 V4 Mar Jun 36 7% 8% 2.05 2.14 —• 100 • • - 30% 530 40 8 Powders com—* International Metals class A International 36 34 Va 1 Bronze International 35 Va 39% — Mining Inspiration 36 35% • 30 2 Acceptance common preferred $1.50 Jan 13 Dec Mar * Industrial 69 Sep 8, 57c 36% Mar National Grocers common 51% Jan Jun May 30c 8 Va 11 1 1 —.——* * * preferred National Explorations Ltd Drug National 31c 6% 0 Feb Nov 96 48c • —--1 Ltd 38 38'A Dec 2,800 11c 1.68 Dec 25'A 150 7,151 29% Nov 8c — Oct Nov 10c 23% 1,000 26c 6.60 . 23c 6 8 Dec 9,745 8V4C 1,62 —— Dec 5.70 250 37% 43%" 37 'A Dec Monioco May 3,85 20c 5% July 81 255 / 1.75 , Porcupine Petroleums Ltd Moneta Mar 65c 3,15 26c — Jan 7 27c 3,200 3.25 — 6.60 22c 6 ——— 3.40 Mar 58 Oct 41c 26,050 51c 7.80 29% Aug 36 — * Mining Feb 20 V4 1.50 Sep 11,449 37% 8'Ac Apr 17 200 38 38% Oct 4c. 585 35c 8 %c Apr 11'Ac Dec 275 55 9'% 34c 35c 8%c 9%c 6%c 6%c — 1.80 11c 1.65 — Corp Monarch Mortgage 18c Oct 5 140 54 8.% 14% — common Mmuamar 2,500 5'Ac 6c 30c Jan 9c Jan 10'A 7'/« 4,498 30 * Pacific Grain Petroleum & Mill City May Gas «fe Oil Midland Dec Apr Mar 860 30%c Feb 8.05 34c ,7c 82c 2,500 .—100 * * — Sep Dec 6.034 • Tramways 4c 20c 17c , 15c -- __ „ 1,600 7,000 28 28% 92 92 — 13.50 Power pfd & Light Mexican 33c £1 1 Preferred Indian Nov 4 V2c 8.15 10 ——-—10,; * Canada ordinary.S Imperial Bank Imperial Life Imperial Oil Imperial Tobacco of 10 7,100 12% ' • 1 1 I & Smelting Hugh-Pam Porcupine Husky Oil & Refining 50 7C 32 common Paper Hoyle Mining Hudson Bay Mining 14 13c 1 Smith Howard Uranium Mines Meta Jan — Aug 1.05 Dec 35c 12,400 5'A 14tic 17c 28% - 5 1 —-—-1 1 common • — Island Merrill Petroleum 32c * _____———1 Gold Merrill 33 ——————5 Yellowknife Exploration Mentor Sep 44c 3,000 -1 Oil Homer Jan 19 %c 6c 24c 5 29%c Sep 12 'Ac May 13 —— Hollinger Consol 21 %c No? Sep 5c 12 6 %C Mfg Holden % »' 9,000 Dauch——————-* class A * Hinde & Hosco 18c • Highland-Bell Highwood Sarcee Home 17 Vic 1 1 1 —1 Crest Oils Ltd High 285 18c 7%, 7%. — * —1 1 —* Drilling, — McKenzie Red Lake —: McMarmac Red Lake _ McWatters Gold Dec 10% Oct ,,7 7% 5 Mclvor Mar 46,500 common-* Mines— ————I Gold Heva 19c 23c 7'Ac Nov 31c * Porcupine Mclntyre 9 Paper Hendershot 15c 8% Nov Oct 17 9 'Ac 29%c 100 McDougall-Segur 21'A May Dec 9,500 39c 44%c Dec 21% 13 %c 17% c 17c • Red Lake Headway 75 19L953 8% J . 18 15%c —.—_1 Lakes Iron of Head 18 ——* —— 1 -* common Cotton Hamilton Hard 1 21% Jun 13% 625 21'% 21% * 30%c 1 • 1 common 43c 5c * Preferred Bridge 4c :—•. — Maybrun Mines' McColl Frontenac Ltd— for Consolidated Halliwell Ltd, One share for each four held, „' V ' v\ V:, '1 .j exchanged Hamilton Ltd Maxwell __ • Massey-Harris-Ferguson Ltd, Max 39c 1 Ltd Oils Marwayne Feb Feb 17c 116,900 20c 24%c 9c lie : — Mar Jan 9'Ac July 4'Ac 8,275 T 21c 1953 High Low 9c 8c — Range for Year High * _____ Marigold Ods Ltd Martin-McNeely Halliwell Gold Mines Being «oid Marcus Shares 1 -1 Malartic Maroenor 31 %c Mar 49 Va Apr Jan 8c 45 1 Maralgo Mines ' Jan 4.50 6.70 1 -— & Alabastine Gypsum Lime High ( 3.00 1 -25 1 — Low for Week Low Par 4.45 Felt common * Greening Wire .—________—— Gridoil Freehold —90 West Great Range for Year 1953 1 High Low Par Sale Price Shares Last STOCKS Range of Prices Last STOCKS for Week Sales Week's Friday (Cont.) Toronto Stock Exchange Sales Week's Friday 200 Dec Oct Dec Feb 36c 78% Feb Dec 21c Jan 4.25 37c Mar 3.05 May Jun 6'Ac Dec 22c 6'Ac Jan 30c Sep 9 Aug 6 Dec 63c Mar 18c Dec 2,180 35c Dec 7,500 4'Ac Dec 10c Feb 80c Apr 3,500 30,766 10c Dec 14,650 36c Dec 275 25,600 3.620 12,500 10,000 1.15 Jan 1.05 May Oct 6% Sep 9 5c Sep 13 %c Feb Sep Jan 1.15 Feb 17c Feb Sep lie Jan 56c 4'Ac 5c Sep 3.45 Jan 2,000 15c Feb 29c Mar 9,600 3'Ac Sep 6,300 3,600 25 64,250 100 5.900 200 500 30,700 1.50 1.95 Sep 22 Nov 71c Dec 9c. Feb 2.95 Mar 23 Aug 2.20 Jan 17% May 217a Dec Sep 1.99 Feb Oct 4.75 94c 2.65 6c 35c Jun Mar 15c Jan Sep 77c Jan Volume 179 Number 5291 The Commercial and Financial Chronicle ... (241) 41 CANADIAN MARKETS RANGE Friday STOCKS Week's Last Range Sale Price Par Pacific Coyle Navigation Pacific (Eastern) 1 Pacific Petroleum Page Hershey 1.00 Paraniaque Mines Parbec Mines 1 16c • 4.10 __i 12c Drilling Partanen Malartlc Pathfinder Pete Peace River Perron Petrol Oil Pickle Crow Pioneer & Traders 73 % Aug Trans Jan Trans Mar Trans Jun 60c; 5,500 Dec 30c Jun Dec 1.11 54c 37/8c Jan 4.20 200 3.15 3,500 4%c Jan 1.000 50c 35c 33'Ac 38c 15,500 5.90 6.25 1,800 34c 37 & Gas__ 6% Jan 13c Union Uranium Dec 58c 5.00 Sep 100 20 Jan 36% 34c 600 26c Dec 65c Feb lie 4,000 9c Feb 30c 7,400 90c Dec 1.65 Dec 1.59 1.41 1.45 1,300 1.35 Dec 10 1 3.70 3.60 3.70 B Mines Steel 7,000 1.1* Jun 1.76 1.60 1.20 1.60 16,350 1.05 Dec 2.25 Sep • Jan & Gas Border East Quebec Red 1 preferred Jan Waite Nov G • & W 9c l 70c 15c 12c 3,500 7c Jan 27c Feb Weedon 11c 3,500 8%c Sep 20c Mar Wekusko Jan West West Territories * 74c 4,500 65c July 12c 15c 16,400 9c Dec 70c i73c 3,600 68c Dec 1.70 Jan 9.00 May 1.54 May Western 16,100 45c l 35c 35c 38 %C 29,000 * 20c Sep 48c Jan 15 14% Western Canada Dec 22 Jan Western Grocers common. 86c 78c 1 1 1.00 14 tic l 15c 400 4%c 1.05 Jan Weston Jan 3.25 Wilrich Dec 11c Apr 3.200 80c Oct 9.768 40c Dec 1.15 45%c 9,500 4c Aug 13% 3.40 Feb 18% 60 15c 16% Sep 18% Dec 22c 3,250 35c 2'Ac 14c 12c 9,198 2c Dec Oct ..v 9,000 11c Dec fc35c Sep 20c Apr 32 Jan 38'A Dec 12 Sep 17% lylar 3'Ac 4c 35,600 17% 17% 8c Sep 2'Ac Sep 17 1,540 39% 42 3.410 30% 1.60 1.50 1.80 4.150 1.40 9c 9c 9c 600 3c 32c 8c 2.10 2.10 Apr Sicks' Gordon Breweries Voting Silanco 1.53 1.67 25,600 1.50 Dec 38,500 1.00 Sep 2.82 Silver 1.80 1.95 8.100 1.35 Oct 2.80 9.10 9.80 3,914 51 50 Va 51% 3,383 4.50 4.50 4.50 150 33c 33%c 3,000 39% 39 % 39% 2,045 44% 44% 65 51 51 51 300 11c — 11c 4,100 36% * Jun 43 1,500 4 Mai- 46 Silverwcod 47% Mar 8c 50'A 4.10 4.25 18,612 24 24 2 4'A 545 - _ Brands Paving Standard Radio & 338 13c Sep 42 %c Jan 17c 10,930 5c Jan 17c Apr 17% Brock Htanwell Oil Starratt Olsen Stedman Steel of 32c 14% May 17% Dec 100 46% Feb 63 Dec 50 28 Feb 34'A Aug 56c Sep 70c 70c 73c 8,000 5.00 4.90 5.10 3,725 53'Ac 53c 65c 6,200 35 35 35 96% 96 96% 67'Ac 64c 77c 8'Ac 250 15 — 15 _1 preferred Oil Sturgeon 4,883 12% Feb 17 1,300 31c Oct 68c Mines 1 River St Gold_ 80c 4,100 29% 350 20c 28c 47% 45c Dec 48% 1 - Mines 1_ __ ■- Inlet Sweet _ 1 Grass 8witson St 1.15 29'A 4,908 25c Dec 28c 22 3 1,375 45 100 7 7% 6% 6% 100 91c 98c 8,033 2,500 - 200 15c 17c 18% 29% 11'Ac 19'A 350 29% 30% 4,567 10c 12c 17,500 6.95 6.50 7.15 30,735 12% 12% 12% 100 — 16 c Tooke Bros Torbrit Toronto Class Sliver Iron Aug 4 Dec 6% 189,900 6 6 50 5 5 10 6% Dec 12'A Apr 1.70 1.85 14,928 1.55 Dec 1.58 Feb 26c 22'Ac Jan 13c Mar. 26c 28c 5,200 21c 8c 8'Ac 3,300 7c 6'Ac 3,000 5c Dec 8,842 1.05 Sep 2.90 1.75 Apr 59c Jan 1 22c 20c 13,000 14o July 49c Jan 23c Exchange - Curb Section Sales Week's Last Range for Week of Prices Shares Low Range for Yea* High. Pulp & Develop 7% 100 7 * Paper 7% 25 25 125 22 19|>3 .'High LOW * Canadian , •10y Mar Oct 28 Dec 8% 7% 8% 1,350 7 Apr * 25 24% 25 925 24 Dec 1 10% 10 10% 9,660 7 Oct —* 9% Jan < -■ 6 Jun 90 Jun 98 49% 75 46% Jun 49% Nov 6.55 6.80 2,301 4.80 Dec 17% 5 85 17% 17 454 16 Feb 35 35 25 36 May 23% 24 465 • 37 37% 461 900 common common 7% July Dalhousie deHavilland Jan Hayes 16% Jan Sep 33 3'Ac Jan 5.80 12% 15c Sep Dec 9.75 12% Oct 22 %C Dec 87c 1.81 1.90 1,300 15% 16 1,460 20c 155,100 6c 24c 27'Ac 202,400 21c 1.75 13 Dec 2.92 16% Dec Jan 20c Oct Dec 90c 4c Dec 10c 30% Jun Jan 10 10% Oct 11 Dec 1.91 2.15 16,764 1.80 1 Oct 18C 9,400 35 4c Feb 40% 41% 2,583 34 % Apr 42% Dec 1,850 41% 15c Sep 17c 125 20 75 Oct 72 73 115 69 Oct 28c 120 Feb Dec 35 33% 35 1,039 33 Jan 83% Jan 35% Mar 7% 55% 54% 55% 2,221 47% Jun 58 5 Utilities 29% 29'/a 29% 4,427 24% Aug 6'A • Inc 6 & \ 34% 6% 34% 3.80 34% 5 Paper 225 27 55 * Ontario Consol Gold Dredging 28% 57 75 48 28 28% 2,016 24 3.65 1 Pend Oreille Bros Third Canadian Thrift Stores -• 800 3.75 4.00 4.00 100 32% 32 32% 1,445 4.80 4.80 24% 24% 24% 1 Price 2.25 May 11,392 Nov: 72 125 Power Jan 50 18 11% Jun Jan 11c Jan 24c 16 Jan 18 16c Oct 51c 4c 4c 6 1.40 1.40 100 17 17 50 15 Apr 17% 17% 75 15% Apr 3% 81c Nov 30'A Dec 5% Oct Feb Feb 38 55 31 3.15 Nov 3.70 28 Sep Apr 4.00 6.50 34 Gen * Invest 2 Consolidated 1 4.40 330 13% 16,750 59c 55c 30 ' 46 %c Oct 5.25 Jan 23% Dec 69c 38'A Mar 8 79 134 52c Jun 55'A Feb 8% 18 8'A 40 Dec Jan Oct Nov NOV 5 Jun Apr FOOTNOTES FOR • a OUT-OF-T6WN AND CANADIAN MARKETS No par value, Odd lot sale Jan d Deferred Mar in Ex-liquidating dividend. t (not Included In (Un) Admitted to unlisted trading range). delivery sale , (not included year's range). privileges, wd When delivered, wi When issued, Oct 1.701 Jan 19 " Oct Jan Mar Jan 10% 40c 50 67 Jan Jan 38% 18 5.25 Jan 4.75 73 Utilities MacLaren July 42c Feb 11% 17c Minnesota Jan 11c 14%C 42 66 Aircraft Paper common Loblaw Dec 14c 8% 16c 3.00 Jun Feb 25% Mar Feb 10% 2.15 Oct 18% Mar 39% 4.60 4.70 Bridge Steel Intel-provincial Feb 1,000 38% 31% Oct 11% —• International Aug 375,300 2,000 21% 20% Mar 28 28c 6c 1 Dominion 18c 5c Jan Dec * Lumber Oil Jan Feb 20c 14c 7.33 * — Western Westinghouse Consolidated Paper 7'A Jan • 90 49% 23% 1.85 34c Sep 12% Mar 90 • Bronze Sep Dec 27% 6.75 • Canadian Dec 10c 1 49% — 5 6 Jun » * May 19 Aug e r Cash price. sale I (not Included in year's range). x Ex-dividend, u Selling ex-inter^st. t Flat Ex-rlghts. s Ex-stock dividend. j Nov 5 preferred preferred 78c 2.05 1 ■ Jan 4.50 Oct Dec 1.46 ___ Jan 47c Sep Sep 6'Ac - Dec 43 Dec — Jan 5 lie Oct 36 Sep St Mines Dec 1.85 A__. Marconi 1.08 e 22c 15c 25 Canadian 1.55 * A Jun 9%c 1 Canadian 1,000 • _ Jun 5c 13'Ac .. 12,583 Canadian 3,960 1 common 100'A 96 2.50 Dec 1.90 ♦ — 8'A Oct 135 12c 13'Ac Mar 1.19 — __ Apr 4,985 Canada <fc Dominion Sugar __ 1.75 « — Works Mar 5% 8% 97% 12c 47c 1.15 _10 Tailors Gold 14c 2.50 year's Top Dec 1 22 1.75 _ Thomson-Lundmark Tip 6%c * 17% May 1.16 • Teck-Hughes Gold Mines Tombill May 2,500 8% 1 class Industries 18c 26c 24'Ac River _ 17c 7c 97'A Metal Canadian 1 Preferred Jan 2.50 Knitting Jan • Gold Tamblyn Ltd common Taylor, Pearson common Dec 6%c 1.30 Yukon Taku 6c 20,000 8% # 45c 325 4 44'A 25c Oils Ltd 12'Ac Feb 8,000 9'Ac 1.20 2nd Dec Sen 27% 19% Industries Sylvanite 1.14 Jan 97% Bulolo Gold Dredging Jan Jan 12c 22 50c _ 98% Aug 8ep 8'Ac 1.30 Pato Supertest (ordinary) Surf 35% Feb 35c Dec July 3,000 27c 7 20% 20c 27% -1 - Contact Jan 91% 8c 1 1st Jan 115 22% 1 common Cons Dec 26% 90 105,425 • Oil Anglo Newfoundland Asbestos Corp Mar 42c 27% St • Sullivan Jan 1,125 , 100 Par Aug 15% 47% 67c 1 __ 11 29% 20c 1 • Sudbury Jan • International Stuart 6.85 4.35 Canadian General Invest A Gold Jan* 42c _ 70c <1 Canada Steeloy Mining Steep Rock Iron Jan Dec Dec 45c 7c , Friday ' __ Ltd- 9% 47% 42c —50 » _ 4.15 1.66 8c 9c STOCKS Jan 10% * Feb Canadian Fond* Jan _ Gas Feb Jun 24 Jan * Bros Oct 1.15 common class & 10c 33'Ac Dec 120 York Anglo 1.75 * Stanley Oct Nov 19'A 67 Toronto Stock July Dec 1 A %c 13c 17% i 25 July * Dec Mar 20% ;_T Zinc Jan 50c (1944) class 67c 15c 1 Andian National 65c _______ _ Sep 20% Mines Jan 1,500 * Paving lie 5.75 26,149 Ltd Standard 4.60 15c „_1 Mines 25% July 70c * Standard Jan Dec Nov 5 Feb /84c . Standard 20 Aug 81c ___. Mines 4,500 3.80 20 65c — Oils 12% 51 Jan 4.40 20% 1 Brown Co common Co Spooner 75 18c 10% _ 8% Dec 42 500 1 Canuck Feb 82c — preferred Stadacona 23% 17c A Valley Southam 4.10 • Gold Somerville Souris class Feb 7,200 1 Sep 35c Jan 65c Ltd (Simpsons staeoe Dairies Apr Jan Sep July -50c . 3.25 16 95c 8c Mar 43 1 Mines Jan May 27c • Alexander Jan 23% Mines Standard 1.37 14 30c Jan 1.80 1 - Feb 2.81 Mar 1.45 Si _ 15c Aug 1.28 _ Mining Sep Yukenc Mines Dec 15 %c 1.67 1 — common— Trust Silver-Miller _ 7c 2.25 Mar Jan 1.37 1 __ Sep Dec 9.80 Sale Price Sherritt 70 3,000 Jan 8'A 5.00 Zenmac Jan 39 Dec 10,375 14 35c Yellowknife Bear Mines , 24 2.20 14 34c __ • Larder Yankee 5'Ac Feb Oct 1,000 24% , Dec 8 20c 100 Gold Lead 8c Sep Dec 4.45 27Va common Yellorex Jan 25 6%c Wright-Hargreaves Yale 763 1,080 200 8c Combing Jan 5c Wool 1,404 8 4.50 ; Jan 6%c Gold Wood, 8c#* Aug 2,800 . Winora 16 8 4.50 15c 63% Ltd Winnipeg & Central Gas Winnipeg Electric preferred Feb 12'Ac 6.700 17% 15% 8 Sep 18%c Petroleums Windward Feb 16c c (Geo) Winchester Nov 7c 43,100 12% % 157/a Jan 8c Wiltsey-Coghlan 1.17 Aug 39% 3 4%c Apr Dec 1.10 13c -—50 Miness 32c Dec 12'A • __ 1.70 Jan 27% Tungsten 13,750 10'Ac .50 preferred Western 38% • __ Sep 10c Leaseholds Mar 14c * • 65c 5 1.70 Mar 53c 1 com. Western 33c 1.50 1 Security Freehold Petroleums Shawinigan Water & Power Jun Dec 3%c 42 Ltd 8,650 1 76c 12% .—1 Ltd 1.35 Dec 1.60 * Homestead Sep 8c 1 Petroleums Western Jan 1.35 4,000 2c 12c • San Antonio Gold Sand River Gold 1.30 1.11 15 . 20 Preferred 15c lSVsic __10 preferred 9,300 13c 1 St. Lawrence Corp 12c 1.48 12c 2c * Sep 181/4 * _ 83c Feb 48c 131/4 1 _ 10.050 95c 1.50 * common 8c 1.12 1.14 1.44 48c 1 Industries 26,925 1.08 4c 1 • 40c 10c ll'Ac 1 _ II,900 1.45 1.10 1 common 44c '18c 19 Vic 18c 50c Jun 41c __ Ashley Preferred 32c July 10% Jan Feb 4%c * Apr 25 19c Brew 14 % 1 118,850 59. Jan 5% Sep * 2,700 66c 87c Dec July 21% « Dec 12% 1 3.85 60c 2,410 61 *29% . Sep Sep 33%c Products 3.65 Mines Oct 50c lc 61c 15% Sep.. 10% 11 1 Ltd 3.80 Dec 27 1 Dec 4.85 Mar 61c 1 Oil 1 3.50 Sep 35 1 Consolidated Westeel Dec 1.55 21c 2.60 Nov May 47,100 • Malartic Jan 70c 1 41c 32,685 * common 34'A Oct 90c 1 Equipment Pyrites 11% Feb 12% 25 Amulet Jan 82c 1 Jun 10c 1 (1-945) Jan Walker 1 Rupununl Gold Shawkey 8!/8C 21c 75 _: Oct 12% * Waterous Oils B Sep May 5.70 warrants—— Oils 4c 70 3.40 Aug 1 Royal Bank Class 50 — 12% c Mar Oils Royalite Oi] A 500 75 — 7 4 Mar 15c 125 95c 2.85 93c 25% 275 2,050 Jun Jan 1.33 * Mines Dec Silver Scurry 5'Ac 75 5'Ac 524 Oils Sapphire 5'Ac Violamac Mines Virginia Dare Vulcan-Oils l Consol Russell Vicour Jun 1.65 Long Lac_ Rundle Mar 2.85 1.40 Mar Robertson Mfg $1.00 pfd* Roy 40 Dec 28,500 Uranium Roxana Sep 1.60 82,350 Rlx-Athahasca B 31% 400 58 24 6.60 81c __ 4.50 — Class I,136 2.25 class A B 3.10 MacDonald. Rowan 35% 2.25 Class 4.00 Petroleum Roche 35 2.25 Viceroy Mfg Feb 12% Jan 2.60 Utilities Prado Dec 1.52 1.30 Mar 12c Inlet Rexspar 26 % Dec 4.35 Mining Regcourt Rio Apr 61c 2.90 , Uranium Reeves Dec 20 1.000 1 Poplar Gold Reef 25c 3,180 • Metalurgical Red water 2,200 27 __l Nickel Corp Qucenston Gold Rankin • 79c 9% Quebec Radiore Ltd 34c 9 Dome Quebec Labrador Quebec Manitou • Feb 37c 86 %c 1 . Mines 29c 9% Chibougamau Quemont Ventures 1 Copper Corp Quebec Cons 79c • Prospectors Airways Purdy Mica Mines* Quebec Roi 26% 100 Metals Preston Van * 29c 1 Premier Trust Pressed 1.25 45 35'A Oil Premier Dec 267/8 l Corp Prairie Sep 25 Feb 99c Dec 2.00 25 24 84c 46% Sep 17c 200 6.25 6.25 1 Oils United 1.20 16c 29% 13J/4 58 25 • United 1,000 29% 50 . Dec 80 13 % __ Upper Canada Mines 71,400 * 29% ♦ ; Jan 30c 75 • 1.55 / 4.00 Mar Sep 8%c 920 __ Sep 15% 31,000 Feb 28c 26% 1.51 42c 29,090 167,400 22c Jan 24c Gold 35c 34% Class 2.15 Feb 83c 1.15 River 2.69 24c 10 United Keno Hill United Montauban 1.00 27%c Sep 25% Rouyn 2.59 33c 19c United Fuei A preferred Class B preferred.,-. 3,222 26 Power 5,400 33% Sep Jant 40,700 24c Powell 15,600 36c __ 34 Jan 45c 1.18 Powell 8,335 39c lie I3%c 38c 2.67 Feb 95c 1.18 • Dec 227/a United Corp class A Nov • Oils, 33% 20% • 1 Poplar Sep 22 % 19c Gas Mining Development :_1 26 1 Union Union Oils Petroleum 6,255 24,561 371,950 • Apr Ponder Pontiac Feb 63c 1 ; Jan 8.75 40c l 1 common 14c 2 08 • AcceDtance Sep 53c _• Tungsten Corp 6%c 54c • Petroleum Oil ' > 1,000 341/4 2.00: High 40 gc 33 % 1953 Low United Asbestos 27c 1.12 — • Dec 1.65 Aug 1.15 • 1 Pipe Line Transcontinental Resources 43c Mines Oil Triad 10c 95c 2.O8 • Mountain gc 34 • Oils Range for Year High 104 104% __ * Apr* 90c 1 Era Low 50 Jun Sep for Week __l A 22c Dec 12c 70c class 29c Jan 11c Finance Empire Oils Trend 4c Placer ■ Mortgage Towagmac Exploration 13% Mar 70c 1 Gold Pitch-Ore Toronto 29c 1,067,000 4.10 37 Mineral Gold 901 Shares Range Par Dec 64 1,585 8'/2c 1.20 Sales of Prices Last High Jan Week's Sale Price 6%c July 6.75 Sep 17.700 6.25 Pershcourt Goldfields Oils 72 73c 13'Ac 20 %c l 15 STOCKS * Gold Peruvian 5,125 1 Gas People's Credit Sec 50c 221,075 1 - Nat 32c 8.90 7c 50c t'aymasier Consol 7,000 69 1 Parker 1.00 72c 34c JANUARY Friday Low 32c 34'Ac « 100 ENDED Range for Year 1953 High 8.20 70 . Pamour Porcupine Western Oil Shares 25 Vac 8.90 • Pan of Prices 95c 30c —1 Tubes WEEK for Week Low 1 _ FOR Sales Apr Oct July ' 42 The Commercial and Financial (242) Chronicle...Monday, January 18," 1954 OVER-THE-COUNTER SECURITIES Quotation for Friday, January 15 Investing Companies 93c —1.25 Affiliated Fund Inc American Shares Business American Mutual 1 Inc—_1 Fund 5.36 Axe-Houghton Stock Fund Inc-1 Johnston Fund 4.33 (The) Bid Par Ask Figures after decimal point represent Mutual Inc 30.58 1 B~1 10.24 (Investment B-2 (Medium 19.80 B-3 (Low 3.30 B-4 Federal .-1 26.52 27.68 Bonds)_i Bonds) Grade Priced (Discount 24.42 26.64 1 17.78 19.40 1 Eonds) Bondst 10.52 Bond Tr —1 Blair Holdings Corp..—— 1 Blue Ridge Mutual Fund Inc—1 Inv Net Bullock Canada 8-2 (Income 8-3 (Speculative 23.85 25.78 S-4 (Low Century Equipment shares_lc 4.44 4.89 1 16.92 19.98 21.60 Electrical 1 12.52 12.21 31 Manhattan 16.04 beneficial of stock—1 25c *7.46 6.71 xl.86 Units of 1 Dividend Shares Dreyfus Fund Inc 10.33 11.22 31.73 1 24.60 33.93 26.30 20c 5 5.11 17.52 5.30 18.94 Bond Inc_l 2.48 9.72 37% 9.10 Income : Equity Fund Inc Fund Inc Fidelity Industrial Fund 35% 10 Corp— Founders Mutual Fund--— 8.39 * stock 2 1 Capital Trust 19.81 61.91 shares Aviation 10.31 shares Chemical shares 9.34 8*11 16.69 12.05 9.25 3.38 —1 5.23 10.81 11.81 Series Slock 17.71 19.15 England Fund $1.50 preferred & Trading Street Pioneer Fund Fund 5.30 Putnam .—1 14.78 Scudder, SLevcns & Clark— Fund Stevens & Clark (net inc 28.58 value) asset Certificates of 2y4s Feb. shares—lc 9.33 9.72 State 6.35 Stock 2%s March 2%s June 22, 1, l%s Dec. 9.10 6.33 Television-Electronics 5.77 6.93 7.60 Texas lc 2.77 4.21 4.63 shares (ex 1 l%s March 15, — United Accumulative lc 7.66 8.40 United Continental 6.97 7.64 United Income 3.97 4.36 United shares -lc 7.42 Growth Companies Inc Shares 101 1 %s April 1, 1957 100.11 100.16 100 1955 100.13 100.14 10.68 12.17 1 11.81 12.77 Foundation Fund Inc_10c 1.91 Value 27.14 11.81 2.09 , Mutual Fund Inc Hudson Fund Inc Dated Dus Bid Incorporated Investors Institutional Shares Rate 5- 1-53 2- 1-54 bl.60 1.30%' 9- 1-53 3- 1-54' Wail bl.60 1.40% 7- 1-53 4- 1-54 bl.70 1.40% 2.90% 8- 3-53 6- 3-54 bl.80 1,55% Bank Institutional Ins Bid Fund_lc 13.67 Jan. 21, 1954 Jan. 28, 1954 98c Line Income Institutional Found Fund Investment Co of America lc of 11.89 12.93 Series North Fund Investors Management Fund 1 17.21 17.58 Series 18, 1954 bl.22 1.08% Mar. 25, 1954 bl.24 1.12% 1, 1954 bl.25 Feb. 18, 1954 hi.18 1.02% Apr. 8, 1954 bl.25 1.15% 25, 1954 bl.20 1.05% Apr. 15, bl.26 1.20% Mar. '4, 1954 bl.22 1.10% _ __ • _ « Bank & Trust New Bid of Bank Co—10 37% of New York the Manhattan 100 379 —10 39 52 44% 47 6.12 County Trust & Trust State Bk Tr„25 & 391 1 53% 3% 4% Federation 4.32 13.42 5.98 6.54 X6.01 4.67 6.57 5.10 8.10 8.83 14.34 14.63 9.93 , > 1 10.71 20.33 20.82 Co 1 60 % lo 94% 97% Jersey 10 31 33 63% 72 75 10 123 24 National & 38% Trust 47% 49% Maryland 4.13 9.98 5.72 2.70 4.43 11.45 Square N 100 Bid Ask 39% 41% Casualty 85% 87% 35 Y 1Q 1 28 10 47% 20 64% 24% 100 % 103% Industrial Bank of Commerce-10 30 32 Irving Trust 23 24% lo Kings County Trust Long Island Trust- 100 1,590 46% Merchant Fire Assurance- American Re-insurance 20 22 American Surety 25 60% 62 3 i Merchants _lo 82% 86% National Fire 56 59 % New Amsterdam 33% 36 New Hampshire Fire New York Fire 5 Continental Casualty Co Crum & Forster Inc lo 10 10 Employees Group Assoc Employers Reinsurance Federal • 10 4 Fidelity & Deposit of Assn of Md 10 Philadelphia 10 (San Fran)—10 Piremen's Fund Firemen's of Newark General Reinsurance Corp Glens Falls 5 23% 229 $2.10 prior preferred- 96% 24% 234 100''4 .1 Bonding & Manufacturers York 1 116 69% 27% 28% — ; 3.33% — 8% CO 0 9% International New 3%% 60 62 (This 85% 89% been 67% 70 % 18% 20 Va can 10 100% 104 % ^10 — Providence-Washington 27% 29% Reinsurance Corp (NY) „. (Texas) .... 2 26 % .100 355 370 Nat'l Bank & Tr 44'% St. 46% 37 39 Louis National Bank—J_ —20 National Boatmen's Bank- —20 50% 54 y4 —17 54 57 & Trust_20 27 30 49% 52'% First National BankManufacturers Bank Mercantile St. Trust Union Louis Co -25 Tower Grove Bank United —20 60 63 62% 66'% —. & Trust —20 60 Trust -100 155 Bank <fc 25 Trust 165 Francisco 28 of Amer N T & S A_ .6.25 33% 34%. _ - 8% be Ask 105 % 105% 104% 101 103% due of Exchange the New Gas Nat England the 103% 104% 103% 104% 102 102% 106 51% 107 100 102 100 5.65% 102 103 • 104 pfd.100 pfd_50 52% Power— 1 preferred 100 Tenn Gas Transmission— York 5.85% Texas Bond preferred Elec Serv $4.64 pfd Texas Power & 1983 103% 104 101% 102% Monogahela Power 3%s 104 % 105 & 5 35 37 Security (New Haven) Springfield Fire & Marine 10 50 5 32% 34% Standard 10 50 24 Travelers 100 875 895 lo 39% 41% U S Hartford Fire 67 69 lo b Bid 175% Fidelity & Guaranty Co—2 180 % U S Hartford Fire 10 k admitted Lt 52 22% 2 Paso 4.60% Long Island Lighting 3%s__ 1983 35! 1973 1973 4s Narragansett Elec 4.64% 45 10 Natural Gas 1973 New 37% Power 102% 4s El yet listed Record) Jowa 1C1% 104% government in Ask 104% 1959 4s Tenn. Gas Trans 5s 1969 not under bonds Bid 4s__1983 Power Southern —. quotations found States Finance 104'% ' 42 ... Pacific 105 103% 1984 Bands—(Cont.) Mountain 104% Stocks- to but heading 9% Security Issues 51% 10 Accident 291 281 35% St Seaboard Surety Co 1 20 18% 1983 bonds Rutgers Fire 5% 137 .10 42 65 Westchester Fire 4% 132 12% 40 63 50 3%s RR Stock 5 48 3%s„1983 issue, has Globe Steamboiler 125% Bank 3%s dealings, 5 , Peerless Casualty Co Phoenix Murine .10 3%s__ 1983 admitted 17% Fire 122% . Pittsburgh Bank— 16 Hanover 100 Utilities 10 .. , 29 % -4 States 10 12.50 1 Co 10 80 Power Northeastern Co Sou Ohio Elec Illinois 10 (Jacksonville, Fla.)_2% 2 25 Col & 5 American 53% 50% Commonwealth Edison 3%s_1983 Florida Power 3%s 1983 Republic & -25 Security-First National 272 51% 116% 11% Globe & Gulf Life 37 Angeles 264 78 10% 26 5 - 2.50 & 35% Los 31% Bid 24 Fire Fire ,25 First National Bank San Central Northern Paul 45% 29 Recent Illinois 10 .. . North River Republic 43% City Peoples 1st Nat Bank & Tr_ -20 Bonds- 71% 68% .10 200 185 Detroit Albany, N. Y. 46% Indemnity 66% 39% Commerce Mellon 48% United States Trust 44% Pacific 38 of 65 113% State Bank of Albany Gulf 53% 52 10 Bank 25 Trust_17% & Trust 49 51 109 & 45% Fire 32% Bank 47 Pacific 1,640 25 Bank 43%. 52% 50% 63 20 Trust Nat'l 2 _ 33 16 100 City Bank 5 48 30 % 4 10 , x31 % 50 Bank Morgan (J P) & Co Inc Fire 46 20 22% 10 —20 National Casualty 50% Bank Bank City 20 Brook 26% 44% Massachusetts 27% Connecticut General Life National National 66% 20 50 % 5 —5 33% 24% Camden 100 29% common 31% 5 450 Co 202 26% Union 52% 49 Co 38 197 22% National Central Jersey Bank (The) — 10 5 10 435 Trust 391 Hanover New N Y—lo Co of Fidelity & Casualty_5 Co 379 Guaranty Trust National 5 Co Insurance 390 National Bank of Detroit City of N Y Franklin National Bank— — Par Insurance Co of North Amer—10 Amer Ins Boston 270 380 Cleveland American Home American Bankers & Shippers 40% Bank the Franklin 89 263 26 10 Bank Fiduciary Trust First X86 100 & Bank & 123 10 Y) of Freeport Lincoln National Life Automobile Trust Northern Trust—33% Savings Bk__100 74 Illinois Bank National Harris Ask x71 Cleveland Trust Co N Trust Meadow Ask 143% 5 National First Bid 25 and Trust 22.17 19.26 Continental Union Empire 4.50 61% _16 Co Plains 6.65 12.35 Par Chicago City Nat l Bank Trust (ex-distribution) Trust (White Trade Bid 1.15% Companies Mutual Bank & Trust 57% Insurance 1954 Ask York— Sterling National 139% 1.05% Apr. Continental Bank & —1 10 Ask bl.20 1.00% Commercial 1 lo Assur 1.70% 1.00% Shares— Aetna Insurance Co (Newark N J)__2% 1.80% bl.15 __ _ 67.50 5.77 1 Inc Aetna Casualty & Surety Equitable 1.75% b2.00 bl.15 — Rye National Bank American b2.00 1-54 1954 23.07 Insurance Companies 4 bl.95 1-54 1954 Public . 2-54 1.60% 4, 48% 7.63 1 1956 Automobile 8- 9- 1954 46% 7.00 ._1 1955 American i bl.90 Bid 11, 47 2.50 Series Agricultural Insurance Co Ask 1-54 Treasury Bills Mar. 44% 5.28 1 . Trust 12.73 Aetna Life 10- Mar. 10 1 Inc—1 E Amer 11.65 .Part. 1-53 4-54 0.50% 15 Trusts- 1 r"y 2-53 1- 0.85 % Chemical Bank Diversified Trustee Shares— 16.96 , 11- 12- 2.15% Bid 6- 11, 64.00 1 Investment Type Boston Trust 98.4 Feb. Manufacturers Trust Co Unit 1.35 15.50 1 | Investment 1-53 bl.OO 8.79 1 Fund Fund Wisconsin 1.22 Due 10- bl.10 — 28.28 14.95 88c lc 98.24 97.28 Ask Bankers 1 Shares Street Whitehall 11.28 Fund 99.8 98.16 2.25% Chase National Bank 1 Fund. Fund Wellington Fund 10.43 Fund—lc 99.12 99 2.35% United States 22.84 1 Investing Corp Washington Mutual 1 Growth Institutional 99.16 103.12 99.4 Dated 2.70% 26.14 Van Strum & Towne Fund Inc_l Ltd— Institutional 99.8 1957 1, 99.22 99.14 103.3 1 %s April 1, 1958 l%s Oct. 1, 1958 Ask 1.50% Com Exchange Bank & Trust_20 — Fund Fund Science Investors Income April Federal Intermediate Credit Bank Debentures of 11.66 26.35 1 Inc__l Industry Guardian 100.8 100.2 14.19 8.14 1 Growth — 2%s 14.68 Fund split) Inc Value Line Fund Inc Great 1956— 1, 1956_ March 15, 1957 100.30 1954 Ask 100.6 l%s Oct. 100.25 1954 point 1955 1, l%s 100.27 13.12 1 for 2 Fund lc shares Utility Inc -——lc shares stock Railroad Steel Tobacco shares Fire 15, 100.7 100.19 l%s Oct. 15. a Bid 100.6 3.05 Equipment shares —lc Bond 113 Notes—(Cont.) 100.17 1954 1954 15, 32nds of more or l%s Dec. Notes— March Stamped lc Railroad 1961 _ Maturity— Treasury 14.68 _ 2 Inveslors -—lc ——lc shares Petroleum shares Canal 3s_ 100.15 100.13 1954 2%s Aug. 15. 1954 2%s Sept. 15, 1954 Treasury Ask 8.03 Fund Shares Amer Slreet Investment Corp__ Stein Roe & Farnham Fund—_ 6.97 8.30 Common Selected 28.58 7.69 shares Merchandising Mining Panama Indebtedness— 15, Bank Shareholders. Trust of Boston- RR Bid Maturity- Par 5.29 7.01 112 100.2 U. S. Certificates of Indebtedness & Holes 19.76 Fund (Geo) Scudder, lc 100.12 100 wi. 1955 19.86 _1 18.28 9-98 9.46 shares_lc 98 100 10 101.4 15.03 18.27 Sovereign Bond 100.26 100.23 32 —2.50 Inc Inc—- •5.83 shares 1958 26 % 25 5 8.97 Company 5.80 24% ———5 Petroleum Industrial Machinery shares_lc Priced 1, May Feb. 2.95 Inc—lc Canada 5.81 Investing 2%s 100.4 97.20 Feb. 4.49 2.69 _1 of 4.10 —lc Fund 9.34 Institutional 1957-55 5.72 1 ——1 8.46 Low 1, 3.69 8.52 shares— bond 1, 7.29 —1 Series, 5.29 administered Feb. 5.14 7.72 shares—lc shares 100.25 100.18 100.6 2%s 8.19 4.70 lc ——lc Food Fully General 100.21 1955-54 10.11 7.49 8.63 lc Equip shares 1955 1956 1, 13.03 6.67 4.82 «— 100.10 1, 1, 100.6 10.23 --1° Common (The) Stock Fund-lc Electrical 11.21 15.55 Pacific Ainer Investors com__10c 10.97 ——lc Building 100.4 Feb. 2%s May 1%S Oct. 100 1, 1954 2%s June 1, 1954 Bata 1 Resources New 7.82 10.01 Feb 2%s 12.71 1 Series Resources Pine 7.13/ lc —— 2%s 100.11 100.5 for Cooperatives— Feb. 8.44 12.71 1 Fund Inc 5.98 lc shares Automobile 100.7 15.90 7.68 _1 — Natural Securities— Group 14.63 1 Series Natural 21.42 66.57 5.50 100.16 100.8 3.00% Corp— Stock Stock Series 2.60 1 1 Inc Corp Investors Ask 100.10 1954 31.19 1 — Series- Speculative 21.44 1 Industries Fund 1, 18.96 29.01 T Inc Fund Preferred 7.09 7.13 6.47 6.51 19.56 2.39 lc Inc, Investors Inc General 17.54 • Interest— Balanced Series Growth lo series stock series Nov. National Security Series— Custodian Funds Inc— Common 2%s Corp- Investors 1 Fund %s Fund— Wide Securities— Nation National Fund 100.5 1954 1954 1.75% Howard- Fundamental 21.39 Shares Trust Balanced Preferred Life beneficial Shares Mutual point Bonds— Stock Mutual Fund of Boston Mutual 8.18 7.35 2.04 1 Fund_l Investment First Boston 19.79 interest— .1 Investors Growth Growth Stock Fund Gas Trust— .1 5.83 Financial 4.64 8.46 1 17.64 5.32 Balanced 4.21 7.72 Inc—10c Inc— common Diversified General Fund Investors Massachusetts Fund Inc— Funds Diversified Futures lc 10.24 39.38 Diversified Franklin 4.77 5.25 1 10.14 38.99 Diversified Stock 3.84 5.73 1 1 Central Bank 1%S Mass value 1 Fund ———-1 & 3.48 5.20 ———lc Bond Massachusetts Inc— value asset Baton shares shares 3.40 lc lc i 13.20 29 Steel 13.61 1 3.03 shares—lc Paper shares 16.66 15.33 —-1 Inc——— 2 Figures after decimal point represent one — Metals Non-Ferrous 7.38 • Industries General 138 15 15, Funds— Petroleum asset Delaware Equipment shares.lc 3.10 Business 1 De Vegh Mutual Net 4.08 Automobile shares 18.29 Vegh Income Fund Net 3.70 2.81 12.32 Ctfs J lc 8.81 (Net Asset Value) 7 ,425 100.4 Bank 100.3 37.03 11.38 Consolidated Investment Trust_l De 37.03 Lexington Trust Fund Managed 100.2 Land 6 29 1 Fund March a Bid Federal 1954 32nds of more or .v 10.63 Inc—_1 Inc Fund 5.73 9.73 9.52 6.79 2.75s 15, 27/eS April Loomis Sayles Mutual Fund— Composite Bond & Stock Fund 1 —25c 25.82 com—10o 7,225 ■———100 133 Feb. one " 6.83 23.57 Trust preferred Concord 6.25 Com 1 Commonwealth Investment ——1 Composite Stks)_l Priced Knickerbocker Fund Securities Christiana 8.74 8.94 Fund 2.75s ■ Ask Banks— Loan 9.60 8.00 24.01 Inc Shares Chemical 8.79 8.27 Fund Fund 12.86 Stocks)—1 Com Stk)„1 Com 22.21 Ltd General Canadian 11.78 S-l 10.49 22.76 10c Invest Fund 8.75 Corp——5 value Street 18.79 8.01 1 Inc asset 17.23 Pfd 21.17 Bowling Green Fund Inc— Broad Stocks)—1 (Speculative Pfd Stksi_l (High-Grade Com Stk)_l • America oi Boston Fund 2% (Income K-2 8% 8 2 9.63 Corp Home 11.49 K-l Beneficial Bid 31.20 Keystone Custodian Funds— 12.94 9-47 18.22 3.02 Axe-Houghton Fund "A" Inc—1 Axe-Houghton Fund "B" Inc—5 Obligations of Government Agencies Mutual Funds— 1.02 4.95 4.05 11.91 25c Aberdeen Fund Ask Bid Par Mutual Funds— 3%s 1933 Lgt— preferred $4.84 Worcester 4.44% 105% County Elec— preferred 100 100 1 — 101 37% 52 3 42 44 2 26% 27% FOOTNOTES FOR x yield price. Stock to OVER-THE-COUNTER t •No par value, listing on the New Exchange. York wl y New ISSUES stock, Ex-dividend, When issued, Ex-rights. \. I Volume 179 Number 5291... The Commercial and Financial Chronicle COURSE THE Bank clearings this week show With a year increase compared an Preliminary figures compiled by ago. us, based upon telegraphic advices from the chief cities of BANK Or CLEARINGS Complete and exact details for the week covered by the foregoing will appear in our issue of next week. We cannot furnish them today, inasmuch as the week ends the country, indicate that for the week ended Saturday, last day of the week in ter clearings from all cities of the from which it is possible to obtain be 3.3% above Our year. those for the corresponding preliminary totals stand against $18,880,849,859 for the this center there is 3.2%. States last week $19,496,716,767 in BY 1954 1953 ; For that week 9. there was an 970,394,367 1,006,660,212 1,056,000.000 1,065,000,000 540,571,874 543,597,026 360,106,783 368,009,615 Philadelphia Boston __r 349,300,000 Reserve District the totals record increase of in 433,039,769 . 304,983,775 3,731,503,185 2.1 2.3 + 0.8 — 12.9 — 10.4 — 4.4 — $14,296,803,801 cities, five days— 0.6 — 483,166,821 291,677,464 ; 0.8 409,213,301 4.8 + 3,820,038,380 Week Ended 3.6 — 517,411,226 356.534,295 Baltimore clearings at this 2.3 — + 1st + 3.3 increase of an Reserve District of 13.3% and 13.9%^ the in in the Dallas Reserve District by 9.2%, but in the Saa. Francisco Reserve District the totals are smaller by 0.6%.. cen¬ 1954 2nd New 3rd Philadelphia 4th Cleveland 11 + 34.7 8,616,239,933 8,783.992,15S* ' 1,217,596,471 1,170,105,375 + 4.1 1,084,782.929 1,101,696,562: 1,255,361,087 1,069.926,795 + 17.3 1,026,988,913 1.009,968,895. 653,048,101 617,185.986 + 5.8 568,286,677 948,873,286 + 8.3 868,074,507 799,976,71"# 1,397,927,565 1,227.493.378 + 13.9 1,072,913,281 1,186,722,9721 588,550,755- 44 17 St. Minneapolis Louis 44 4 530,905,453 645.042,710 569,085,855 +13.3 483,740,889 + 9.2 455,630,076 455,686,020 614,918,985 + 6.0 574,251,264 610.017,020 456,359,512 + 9.2 377,986,009 387,687,16k 1,013.262,130 44 10 — 651,894,160 498,405,280 City 528,083,210 1,019,751,714 0.6 938,436,924 934,814,531? 22,582,553,166 18,448,972,342 + 22.4 16,774,516,938 17,069,806,585- 10,090,686,199 9,220,286,621 9.4 8,489,284,268 8,634,612,604) 44 7 Dallas San 9.574,847,279 679,788,323 1,027,799,142 9th 11th $ 12,896.976,077 II 8th Kansas 1951 $ 642.578,325 44 Chicago 10th 1952 % + 14.4 41 7 ___ 6th Atlanta 7th Dec. 696,683.288 44 Richmond Inc. or $ 797,157,233 44 11 : 5th cities 12 ... York 1953 • $ Boston ( - 14 ^ Francisco 2.9 $19,496,716,767 $18,880,849,859 Louis 44 10 — 548,348,100 3.3 764,007,678 January 9— Federal Reserve Districts 12th + St. Minneapolis Reserve District of 9.2%. In the Kansas City Reserve District the totals are larger by 6.0% andfc Outside of this city there week in 1952. same increase of 9.4%, the bank an the SUMMARY OF BANK CLEARINGS 9.2 + — 341,600,000 513.524,000 Francisco Pittsburgh 342 in the % $9,257,161,825 Chicago Other ended Jan. was TELEGRAPH $10,107,764,393 Cleveland The Cleveland Reserve District enjoys a gain of 17.3%, the Richmond Reserve District of 5.8% and the Atlanta Reserve District of 8.3%. In the Chicago- having amounted to $22,582,553,166 against $18,448,972,- _ Kansas City St. Louis trict of 4.1%. statement, however, which are able to give the final and complete results for the week previous — the week we 22.4%, the aggregate of clearings for the whole country Our comparative summary for the week follows: York all cases has to be estimated. present further below we tb« increase of 35.4%. We group an Districts in whicflt they are located and from this it appears that in ther New York Reserve District (including this city) th«r totals show an expansion of 34.7%, in the Boston Reserve District of 14.4% and in the Philadelphia Reserve Dis¬ detailed elaborate gain for the week ended Friday of a 1953. the In At Week Ending Jan. 16— San at week same CLEARINGS—RETURNS New United weekly clearings will having registered cities according to the Federal Reserve Saturday, and the Saturday figures are not available at time of going to press. Accordingly, in the above the Jan. 16, (24sy ^ j $18,116,842,181 " All cities, day. one Total all 786,300,637 cities for week Our usual monthly detailed statement of transactions the New York Stock Exchange is appended. Results Outside York New cities 111 Total City ■ T , We also furnish today, a summary For that the month for December and the 12 months of 1953 and 1952 follow: increase for the entire body of clearing Description —Month of December— Stocks— Number 1953 —Twelve Months— 1952 1953 1952 ,36,158,676 40,515,597 354,851,325 337,805,179 $62,125,500 $79,101,000 $682,762,700 $692,906,100 • shs._ of Bonds— Railroad & misc. Internat'l Foreign U.S. 284,000 77,000 1,220,000 939,000 6,861,500 6,818,500 91,913,440 78,836,490 Government Total . Bank- govt 1,000 45,000 44,000 194,050 $69,272,000 bonds— $86,041,500 $775*940,140 $772,875,640 The volume of transactions in share properties on the New York Stock Exchange for the 12 months of 1950 to 1953 is indicated ; i, in the 1951 1952 >.1950 -Number of Shares —— —— a District of of improvement of 3.3%, but the Chicago Reserve District suffers a decline of 0.8% and the Minneapolis ReserveDistrict of 1.9%. In the Dallas Reserve District there isr 7.7%. there is District 1953 3,322,781,351 46,555,827,465 16 Atlanta 4,412,247,523 37,141,073 70,180,730 42,576,115 7th February Chicago 30,209,260 27,195,265 41,233,877 33,406,252 8th St. March 42,472,257 29,512,893 35,625,302 40,411,025 9th 4,431,783,578 106,768,419 93,849,231 147,039,909 116,393,392 31 8,670,676,486 7 2,965,258,101 , 2,233,690,563 — — — — — 8,736,235,969 2,870,675,446 >_16 15 2,277,515,763 3,565,952,954 Louis Minneapolis 10th Kansas City + 5,770,698,284 2,849,480,685 — 5,789,242,617 2,874,122,437 Richmond 6th 5,329,549,003 5,737,824,483 8 Cleveland 5th .16 Philadelphia + — 48,244,665 11th Dallas 11 41,604,044 12th San Francisco 19 4,906,180,143 5,085,401,354 95,271,629,233 94,788,975,581 49,100,758,429 49,865,209,504 34,370,236 28,962,930 34,289,734 May 25,766,988 23,585,782 38,456,890 June 26,075,090 25,515,558 27,402,150 45,647,098 100,148,774 1950 1951 or $ $ 2,751,183,838 2,878,181,784 42,962,697.083 40.088.463,509 7.7 4,826,455,036 4,730,949,467 0.1 4,843,164,490 4.789,593,185. 0.9 2,464,931.436 0.4 3,898,164,694 0.8 7,255,437,071 2,595,935,893 2,249,195,014 3.387,534,543 7,158.583,437 1.3 2.9 3.3 2.504,218,051 + 3,508,738,363 1.9 2,043,293,987 4.0 3,350,489,423 1.968,089,492 3.177,677,55© 2.0 3,275,495,054 3.031,812,80P 3.5 4,541,812,377 4,220,031,319 0.5 84,936,058,328 80,057,332.15k 1.5 — 3,422,125,986 3,577,437,870 April . Dec. % 17 3rd - Inc 47,885,876,450 12 2nd New York 3,5%. $ 3,281,281,940 .14 eltlet Boston of 1952 $ Month of December— Federal Reserve Districts 1st gain of 2.0% but in the Kansas City Reserve District a loss of 4.0% and in the San Francisco Reserve a the in and by 0.1%; in the Richmond Reserve 0.9%, and in the Atlanta Reserve District b'^r The St. Louis Reserve District has to its credit ai* 0.4%. houses of 0.5%, Philadelphia Reserve In the Cleveland Reserve District the 1.3% smaller are District by an 1952 aggregate decrease 34,086,902 Quarter—— was clearings having been $95,271,629,$94,788,975,581. In the New York Reserve District the totals register an increase of 2.9% but in the Boston Reserve District the totals record the January 1st there the 1953 aggregate of 233 and 4th following: : 1953 >/. Month— December. of totals of the clearings for month on + 43,360,563,786 41,299,496,35» 135,495,807 2nd 6 Quarter - 86,212,314 Months 78,064,270 192,980,733 — 171,913,501 22,233,978" August 23,892,939 20,904,978 September 27,172,196 24,135,228 73,299,113 247,188,683 251,889,199 24,115,424 69,155,630 July 3rd Quarter •October 25,676,879 30,082,854 59,819,556 4th Cleveland 5th Richmond December of BANK CLEARINGS (000,000 and the 12 44375047076 524,799,621 cities for the LEADING IN CITIES 1953 New York— 46,170 44,923 1951 1950 1953 below: 41,575 38,757 470,289 4,351 3,712 3,748 2,720 2,384 2,267 29,772 5,474 4,562 4,468 55,662 1,580 1,506 1,300 1,302 17,293 16,019 44,780 28,334 55,433 15,994 1,760 1,888 1,561 1,615 19,933 19,189 18,483 2.495 2,602 2,343 2 117 27,282 26,768 27,350 13,645 11,054 5,013 __ 56,635 + Atlanta 31 7 Louis 8th St. 9th Minneapolis Kansas Dallas San 15 _ __ If 40,674 25,348 51,102 14,896 2.1 448,582,219,128 414,311,558,6+9? 59,695,716,109 1.1 58.519,764,224 59,036,291,212 + 8.4 57,220,389,525 53,916,451,865* 49,955,823,4)3 30,233,803,142 + 6.1 28,853,159,196 25,517,834,803 5.6 43,770.755,114 9.1 87,692,172,763 37,968,919,993, 78,110,378,151 27,499,162,301 — 47,129,036,772 + 98,945,997,873 90,681,090,767 + 30,239,630,745 + 6.8 29,673,046,902 32,289.771,169 ff 25,341,872,119 39,144,063,532 40,569,946,919 + 24,498,358,704 38,970,645,228 If 38,779,000,551 — 24,164.617.890 21,776,757,4801 0.4 38,286,799,029 4.6 33,995,564,664) 31,143,248,007 45,345,703,803 3.4 55,173,113,695 53,949,057,670 + 2.3 35,764,599,924 53,252,291,927 1,021,953,741,211 987,213,792,857 + 3.5 939,809,246,728 850,137,943,905 525,489,757,110 + 5.0 508,034,719,348 450,829,309,5*^*. ff 182 cities . York City The following 30,596,541,67?' 551,664,441,149 19 Francisco New $ 34.029,431,106 49,769,821,630 ff 11 __ Total Outside + A compilation covers the clearings since January 1, 1953 and 1952: CLEARINGS MONTHLY — Providence- 164 164 135 141 1,779 1,612 7,994 1,575 Milwaukee- 494 469 365 334 5,389 4,954 4,396 16,782 21,982 12,154 9,928 16,707 17,683 14,113 6,870 22,855 6,934 6,833 1,498 3,733 Buffalo 526 533 450 411 6,164 5,680 5,408 4,671 Pittsburgh:San Fran._ Baltimore 1,354 Cincinnati _ 1,357 1,135 1,059 1,133 _ 1,106 906 898 14,280 11,327 15.407 12,523 Kansas City 1,567 1,681 1,572 1,511 18,280 Cleveland— 2,167 2,152 1,817 1,729 24,207 Minneapolis New 1,436 Orl'ns 1,261 15,940 16,411 722 649 612 8,317 7,898 7,435 2,792 2,171 2,046 32,254 28,371 26,622 798 768 702 659 8,564 7,927 7,578 710 699 696 687 7,637 7,980 Louisville— Omaha Paul— Denver 1,317 758 2,769 Detroit St. 1,491 18,041 21,580 15,842 18,446 22,094 553 74,495,597,870 90,455,281,857 81,955,210,175 48,766,497,266 Dec. '7* 0.7 + 3.4 +; + 13.2 250,783,025,430 241,313,025,637 + 3.9 136,113,211,924 128,685,612,831 + 5.S 85,442,341,546 82,829,877,312 + 3.2 46,252,211,948 42,887,008.323 + 7 J9 April- 82,103,610,978 79,128,486,830 + 3.8 44,432,006,961 42,019,506,016 + 5.7 May.. 88,893,269,435 84,546,100,827 + 5.1 47,176,363,800 43,522,772,865 + 8.* 256,439,221,959 246,504,4647969 + 4.0 137,860,582,709 128,429.287,204 + 7.4 507,222,247,389 487,817,490,606 + 4.0 273,973,794,633 257,114.900,035 + 6.4* Total 1st quarter June- Total Total 2nd 6 quarter- months 5,184 470 5,795 5,627 6,986 + 2.5 47,087,998,082 8.6 7,117 5,972 43,351,099,948 7,195 84,860,024,258 + 529 3,235 3,063 72,981.067,927 + 7.1 43,705,810,634 9.1 3,315 78,141,087,026 + 3,598 August 40,048,171,295 292 84,303,925,291 81,352,817,387 + 3.6 45.300,953,010 44,320,933,613 + 2.3 September 249,462.711,185 239,193,909,572 + 4.3 136,094,761,726 127.720,204.856 + 6.® 756,684,958,574 727,011,400,178 + 4.1 410,068,556,359 384,835,104,891 + 6.© 87,482.460,152 89,904,110,106 2.7 47,515,600,562 48,521,143,639 82,514,693,252 75,509,306,992 + 9.3 44,979,525,799 42.268,299,076 95,271,629,233 94,788,975,581 + 0.5 49.100,758,429 49,865,209,504 quarter- 265,268,782,637 260,202,392,679 + 1.9 141,595,884,790 months- 1,021,953,741,211 987,213,792,857 + 3.5 551,664,441,149 6,198 719 637 9,065 8,676 8,196 7,198 564 515 6,077 5,954 5,371 ,3,094 1,385 693 750 684 630 8,300 8,466 5,776 8,195 Salt Lake C. 368 359 324 313 3,973 3,687 3,516 Hartford 181 164 133 128 1,826 1,684 1,526 „- __ 81,842 81,552 73,124 69,136 871,394 6,909 845,199 806,375 732,247 •Other cities 13,429 13,236 142,014 133,434 117,890 Total 95,271 94,788 84,936 80,057 1021953 987,213 939,809 850,137 11,812 10,921 49,100 49,865 43,360 now add our 150,559 41,299"551,664"~5~^5>89~ 508,034 450,829 87,017,698,868 Total 3rd quarter Total 9 months October November December Total __ ... 4th Total 12 — detailed statement for each city for the month of December and since Jan. 1 for two years and for the week 1952 1953 $ $ Inc. or Dec. % 1953 $ 1952 $ 10.047,461 10,373,292 Portland 26.866,501 24,213,295 2,654,103,548 2,720,585,656 14.801,432 Massachusetts—Boston 3.2 + Dec. % 1954- t 117,993,656 525,489,757,110 + 5.0 Inc. or 1.3 * 6.9 2,696,313 2,285,908 6.433,482 5,492,530 652,075,548 566,418,022 + 1951 1952 4.1 252 ,331,926 28,594 .903,647 0.T Dec. * + 11.6 281,598,642 29,772,933,383 + f + 2.4 140,654,652,219 1953 110 .342,690 + 11.0 — 6.* Week Ended January 9Inc. or Federal Reserve District—Boston— Maine—Bangor 2.1 + ended Jan. 9 for four years: January 1 to Dec. 31 Month of December > Clearings at— First 46,750,319,045 — 491 831 We 0.7 $ i 40,302.824,282 45,211,299,730 43,171,488,819 591 564 N.Y.C. 40.596,395,613 + 266 536 791 Out. February 74,986,363,042 March Inc. +r 1952 1.7 + 10.4 84,371,452,420 667 554 „ — 85,832,145,703 January Clearings Outside New York $ Dec. % $ $ 1953 Inc. or 1952 283 Memphis all Clearings, Total All 626 -Richmond- Tot.27 cities • 1953 Months— 313 — Indianapolis •Seattle 1950 5.1 64,014,958,533 ff .16 City Twelve Monti?* 1951 59,021,108,322 ff 4... _ % 32.077,222,707 If 8 -t-: $ Dec. 1950 1951 45,067 28,594 479,158,607.852 If 17 _ Chicago 12th 461,724 431,774 399,308 47,999 + If 16 _ 16 6th 7th 11th DECEMBER 34,669,135,801 489.335,591,580 II 12 Philadelpnia 10th 1952 2,654 Philadelphia 3rd Jan. 1 to Dec. 31 4,215 „ ___ Louis 1952 IN with ended months Month of December •omitted) «t. New York 967736,048 "98,290,275 151,294,838 of bank clearings at leading course Boston 2nd 30,239.276 December in each of the four years is shown Chicago 36,443,691,436 40,515,597 354,851,325 337,805>79 $ Boston 88,571,479" Full Year Inc. or 1952 $ 1st months for four years: Twelve Months Twelve Months 1953 Reserve Districts 36,158,676 — + another table showing clearings by Federal Reserve Districts in the 12 Twelve Months Federal 42,530,542 Quarter month 48,389,813 43,085,469 York City 26,684,331 November The 36,394,904 "9^7025018 121,615,584 New We append 25,981,175 25,728,472 December 4th 33,641,623 Outside 44,548,555 38,472,675 38,594,354 266,279,846" 2417069,131 '345,213,801 373,504,783 Months 9 "277988,591 .182 cities Total — 2,238,461 ' % 2,509,313 + 18.0 + 17.1 4,548.781 5,577,96a + 15.1 533,209,988 567,063,233, 0.2 2.030,616 3,092,738 13,353,138 + 10.8 123.,732,982 + 27.5 3.206,705 3,199,655 + Holyoke_ 7,611,185 5,961.548 + 27.7 71,066,965 64,,681.104 + 9.9 5,583,400 5,428.655 + 2.9 62,290,508 60,,288,426 + 3.3 1.570,962 1,107,125 -1 Lowell 14,472,227 + 10.5 178,258,011 125 ,913,676 + 41.6 3,281,036 3,100,817 + 5.8 2,423,814 2,541,623 15.993,233 2.5 598,454,619 560,,856,492 + 6.7 13,731,072 12.515,188 + 9.7 10,537,565 11,310,452 1.3 475,302,858 439,,664,880 + 8.1 11,461.939 9,604,852 + 19.3 8,195,406 + 10.3 1,826,139,446 1,684, 587,471 + 8.4 48,709,038 40,878,610 + 19.2 32,448.445 1.9 798.883,129 747 .051,222 + 6.9 18,839,050 17,143,283 + 9.9 15,276,437 14,725,235 220,012,700 198.,423,500 + 10.9 + 10.4 0.3 28.958,100 31.243,80© Fall River New Bedford — New Haven 10,947,265 19,271.600 164,253,700 10,600,662 3,281,281,940 3,322,781,351 164,708.900 Hampshire—Manchester (14 cities) . 19.246,200 Waterbury Rhode Island—Providence Total 72,934,907 53,051,251 42,238,762 - Connecticut—Hartford New 181.472,717 / Worcester 54,388,706 42,781,244 164,488,552 74.284.254 Springfield 1 . ' — — + — 0.1 157,756.763 41.9 1,013,553 + 0.3 1,779.034,600 1,612,,124,300 32,779.000 32,891,700 3.3 103,966,156 94.,233,485 + 10.3 2.373.088 2,045,598 + 16.0 1.697,159 + 34,669,135,801 + 5.1 797.157,233 ^96,683,288 + 14.4 642,578,325 — 1.3 36,443,691,436 — 1,159,374 8,401,lt> 30,493,663 1,669,743 679,788,32®. The Commercial and Month of December- . Clearings at— 1953 1952 $ Second Federal New York—Albany Blnghamton A 115,641,684 16,927,594 19,841,071 533,985,018 11,345,947 11,969,741 Jamestown 10,224,583 Rochester, Syracuse Northern New 86,075,774 16,280,604 Third Federal Reserve 331,857,799 10.3 + 7.7 3,707,747 5,191,385 —28.6 4,049,366 4,112,752 + 8.5 126,541,295 108,295,350 + 16.9 105,638,026 109,351,557 — 5.2 136, 758,568 126 972,646 + 7.7 2,945,172 3,963,854 —25.7 2,328,329 — 0.2 121, 932,449 106 918,249 + 14.0 2,621,215 2,290,321 + 14.4 2,018,204 2,633,631 + 2.8 470,289 ,300,062 461,724 035,747 + 1.9 22,491,866,967 9,228,685,721 + 35.4 8,285,232.670 8,435.193,901 + 10.2 1,531 980,122 1,366 ,600,889 900 024,835 + 12.1 35.095,978 29,473,642 + 19.1 26,650,551 27.343,364 42,956.500 42,795,912 2,289,689 + 8.0 22,161,385 19,735,273 + 12.3 17,898.492 17,941.395 199 ,770,302 1781,762,529 + 11.8 995 362,504 + 11.9 26,539,809 23~534,507 +T2T7 20,382,013 18,645,087 8.5 3,090 ,482,913 2,707 ,239,701 + 14.2 77,106,744 54,142,638 +42.4 51,097,554 58.072,885 0.2 3,487 .587,280 3,348 ,245,997 + 4.2 74,582,569 67,791,057 + 10.0 58,148,816 65,451,398 2.9 489,335,591,580 479,158,607,852 + 2.1 12,896,976,077 9,574,847,279 + 34.7 8,616,239,933 8,783,992,159 + o0.7 1,387,670 1.476,530 3.8 + — 972 ,334,150 + 79,150,526 + 10.2 87,908,214 16.5 98,858,203 Jf'lS'J, 21,431,761 31,131,645 + 3.3 358,201,093 327 ,602,611 + 20,585,538 + 4.1 246,593,362 231 ,491,171 + 5,880,464 , 5,859,725 + 0.4 64,976,835 64 .472,564 + J a> (a) 5,474,000,000 16.065.698 16,390,916 29,499,100 30,237,206 Wllkes-Barre— 15,782,247 37,489,277 30,485,056 York—. ;-w—. — Jersey—Trenton—— • (16 cities) i 1,332,494 7,897,152 1,923,846 1,276,420 + 6.4 2,173,331 2,258,178 1,508.356 1.419,904 77 ,528,025 + 27.5 1,779,641 1,727,352 + 3.0 1,435,582 1,259,067 5,055,933 4/52+582 + 11.8 4,757,015 3,844,091 — 57,090,518 (a) 6.5 0.8 7 ,761,925 — 1.7 — - — , 56.635 ,000,000 55,662,000,000 9.3 1,157,000,000 +~3.4 1.119,000,000 1.051,000.000 1,038.000.000 2.0 179,530,375 166 ,592,347 + 7.3 4,099,939 3,136,148 3,181,473 3,715,114 2.4 336,014,213 330 349,095 + 1-7 7,073,260 6,364,334 + 11.1 5,869,360 6.698,770 + 13.0 164,991,035 146 + 12.8 4,199,942 3,260,649 + 28.8 3.044,359 3,450,394 23.0 391,048,619 307 ,015,503 + 27.4 7,154,271 6,094,133 + 17.4 6,238.190 6,165,-602 14,430.362 — — + 60.479,873 56,349,772 Delaware—Wilmington— 1,229,201 5,723,899 69,806,890 | I — 8~4 — 13,972,162 Hazelton. + 15.2 82 ,604,610 (a) ^ 5,013,000,000 '* 68 ,691,791 ' n — Philadelphia ,253,110 + 30.7 7.7 13,668,978 13 ,016,276' —27.5 69,633,146 80 734,432 + 15.4 690,251,140 645 ,882,428 + 6.9 15,986,982 12"440,842 + 28.5 11/247.205 1.3 578,282,583 5101,720,221 + 13.2 11,149,326 10.025,737 + 11.2 8,113,719 8.176,728 7.7 59,021,108,322 59,695,716,109 1.1 1,217,596,471 1,170,105,375 4.1 1,084,782,929 1.101,696,562 — — 5.0 + —13.8 — 5,329,549,003 5,770,698,284 — + Reserve District—Cleveland— Ohio—Canton i™- Cincinnati—, Cleveland—— 35,614,426 - 37,660,149 5.4 — 396, 516,583 456,606,040 + 15.2 9,252,258 7,845,115 + 17.9 1 7,231.837 9,465,540 1,133,567,724 1,106,548,643 + 2.4 12,523,538,531 11,327, 425,502 + 10.6 278,508,101 220,814.630 + 26.1 203,227.433 215,109,815 2,167,782,742 207,088,900 — Columbus 2,152,012,967 + 0.7 24,207,949,531 22,094, 018,158 + 9.6 491,881,323 413,485,242 + 19.0 394,245.369 376.303,727 + + 10.0 54,622,200 40,261,100 + 35.7 35,578,500 40,620,200 202,724,200 13,183,383 2.2 2,340,971,700 16,351,746 + 24.0 143,788,484 2,127, 623,600 124, 160,076 6,258,427 7,023,392 —10.9 74,977,185 68,,919,743 + 8.8 42,723,503 30,285,570 + 41.1 465,175,649 322 ,964,986 + 44.0 8,687,228 7~5H+738 + 15.5 <+035,651 6,260,845 51,656,963 32,917,819 51,074,124 + 1.1 562.683,431 510 ,739,483 + 10.2 12,130,625 10,608,555 + 14.3 10,584,502 11,205,689 30,376,958 + 8.4 387,750,453 298 ,338,243 + 30.0 135,670,228 134,092,515 + 1.2 1,605,385,243 1,381 ,200,371 4,235,794 3,932,679 2,622,440 2,826,000 1,760,540,496 Hamilton 1,888,764,807 8.4 370,085,621 351,003,079 + 17.3 1,026,988,913 1.009,968,895 Lorain Mansfield Youngstown Newark, __ Toledo Pennsylvania—Beaver County Greensburg— Pittsburgh — Erie 30,478,087 Kentucky—Lexington— West Virginia.—Wheeling Total 51,770,158 46,704,332 39 919,375 33,019,817 29 6.8 575,779 + 16.2 f + 17.0 + 11.6 19,933,158,742 19,189 ,226,571 + 3.9 0.8 363,524,239 339 ,037,391 + 283,544,617 246 ,747,967 1 +" 369~392,415 7.2 + 49.3 + 14.9 — 5,789,242,617 16,654,855 17,279,835 89,294,000 Richmond 95,187,000 791,078,657 Carolina—Charleston Columbia ) Maryland—Baltimore— 831'878'^8 26,791,874 58,521,447 24,5i^,2% 49,936,989 1,354,250,792 Frederick , 5,768,431 Columbia—Washington (8 7.7 7.3 + - - + 15.8 2.4 339,757,028 307 ,493,471 + 10.5 3.2 246,423,511 232 ,383,913 + 6.0 64,014,958,533 59,036,291,212 + 8.4 + — 400,279,352 0.1 1 1,255,361,087 1,069,926,795 Reserve District—Richmond— Virginia—Huntington Total 50,550,911 23,509,928 5,737,824,483 Virginia—Norfolk District of 23,967,149 22,754,183 - . (17 cities)— Fifth Federal 30,709,242 35,790,847 City Bouth 6.5 1,113 783,639 1.4 + Bcranton__ West + 9.3 + + 31.5 Reading Oil 31,743,531 + 11.5 — 7,696,396 Norristown Fourth Federal 33,807,196 + 7,642,549 8,47^'oon 8,901,820 Harrisburg-j.— Lancaster———— Total 1951 $ 1,816, 049,135 207, 904,311 5,897,054 7'758'—1 Chester New 1952 or District—Philadelphia— Bethlehem..— Du Bois Inc. Dec. % 5,680 ,491,309 46,555,827,465 Pennsylvania—Altoona Lebanon $ 224, 018,296 277,241,518 47,885,876,450 (12 cities) 1953 Dec. % 6,164, 315,760 2,003, 268.039 I Total Inc. or $ $ 1.4 97,849,409 331,333,711 Jersey 17,802,740 300,678,567 New Jersey—Newark 1952 1953 + 40.0 131,076,529 - 109,074,806 1 _ Connecticut—Stamford or —14.7 — 44,923,766,077 144,461,117 84,839,742 . Utlca 10,242,241 46,170,870,804 New York -January 1 to Dec. 31Inc. Dec. % j 526.428,078 Elmira Monday, January 18, 1954 ... ' 161,888,756 '— Buffalo V $ Reserve District—New York— Financial Chronicle 6,803,819 507,120,629 490,842,082 2,849,480,685 cities) Sixth Federal i-357'^'338 2,874,122,437 —. — — + 3.6 190,709,676 187,339,573 + 1.8 6.2 933,921,000 931,845,000 + 0.2 4.9 9,0651343,311 8,676,128,859 + 4.5 8.8 9.3 294,274,478 270,478,826 + + 17.2 630,354,261 568,483,473 + 10.9 0.3 15,407,346,531 14,280,097,026 3.988,977 — ; 6,017,553 4.2 + 19,856,000 189.408,742 6,377,170 7.9 + 3,827,858 18,807,000 190,169,538 ( 1 Jkc; 15,549",000 160,253,150 143,505,427 6.0 + ! 285^479,654 3,026,554 17,566.000 0.4 + . 311,160,134 3.535,576 5.3 — 5,181,437 4.657.032 , 1 + 0 267^97,425 253.755,915 —15.2 64,607,866 73,679,890 3.3 5,490,665,584 5,245,750,495 + 4.7 122,545,282 112^96,179 + T.8 113,753,089 110,411,525 0.9 32,077,222,707 30,233,803,142 + 6.1 653,048,101 617,185,986 + 5.8 568,286,677 530,905,453 + — ,, 12.3 Reserve District—Atlanta— Tennessee—Knoxville 112,855,463 118,441,386 4.7 1,293,566,099 1,148,745,371 + 12.6 30.148,277 24,300,091 + 24.1 + 24.3 5,199,600,964 10.5 103,014,174 97.118,964 + 6.1 88,659,458 83,129,161 16,433,500,000 4,705,732,681 16,234,700,000 + 6.3 + 1.2 361,000,000 322,400,000 + 12.0 306.900.000 34,483,069 —30.1 271,400.000 344,819,487 379,928,909 9.3 6,895,828 7,841,958 —12.1 20,207,305 25,445,274 —20.6 8,594,334 5,678.617 270,948,253 287,696,820 21,420,385 Nashville— 20,627,405 + 3.8 236,554,446 238,857,293 1.0 4,455,778 +679,837 4.8 + 6.8 4.917,060 158,389,813 156,870,335 + 1.0 5,35+929 134,81.6,123 124,176,497 18M96,776 10,375,625 177,245,519 +~ 6.2 135,812,330 133,897.348 + 2.9 8,757,495 8,651,346 523,306,421 Columbus Macon 1,520,900,000 24,124,006 Florida—Jacksonville 420,890,055 1,424,500,000 Georgia—AtlantaAugusta 677,333,084 Tampa 634,033,104 Louisiana—New + 11.5 + 11.3 + 8.0 475,986,667 444,171,679 7.2 21,065,183 + 1.9 246,083,478 236,252,010 4.2 20,988,000 + 0.8 251,400,000 245,989,000 2.2 + 1.3 607,078,600 565,890,387 7.3 6.2 86,562,119 90,206,451 4.0 5.8 31,315,758 7.4 710,582 604,321 + 17.6 4.9 671,401 8,317,963,109 29,163,023 7,898,705,667 5.3 164,612,289 147,725,789 + 11.4 154,805,443 141,854,661 0.4 49,769,821,630 47,129,036,772 5.6 1,027,799,142 948,873,286 + 8.3 868,074,507 799,976,717 2,814,220 2,612,291 + 7.7 2,538,581 1.790,617 42,370,800 52,106,411 7,383,279 3,004,614 722,947,477 4,412,247,523 Total (16 cities) — 480,034,302 2,829,725 758,258,840 Orleans — 6,777,498,797 6,929,583 Meridian ViCksburg 5.8 — 7,365,464,382 52,796,787 Jackson 25,718,307 534,317,953 21,152,000 Montgomery Mississippi—Hattiesburg 23,702,994 7,883,140,614 734,998,956 45,761,114 21,455,394 Mobile 7,556,984,083 — 0.4 52,098,565 647,433,917 . — —11.9 51,883,499 Alabama—Birmingham— — 4,431,783,578 — — — + — 7.0 + + 10,080.472 1 553,720 I * Seventh Federal Reserve Michigan—Ann -i District—Chicago- Arbor 2,769,209,711 Flint Grand 35,393,514 Rapids— 2,792,452,082 25,707,429 68,264,033 Lansing ; Muskegon Bay City Indiana—Fort Wayne 50,343,949 13,852,955 Jackson 12,247,605 30,901,696 36,150,619 17,478,296 : 17,742,760 Gary 0.8 + 13.7 26.3 640,745,931 + 16.0 + 13.1 743,129,560 153,144,655 120,924,348 + 26.6 + 17.0 427,323,464 374,793,639 + 14.0 1.5 201,697,049 170,487,592 + 18.3 140,874,009 110,832,484 + 27.1 + 13.1 — + 28.1 17,074,447 29,908,914 494,022.8^.1 189,278,250 6,386,076 8,728,406 11,728,581 10,009,715 1,551,265 1,690,046 3,562,255 1,107,184 22,696,497 51,047,894 Milwaukee Oshkosh Sheboygan Watertown _ — Iowa—Cedar Rapids 22,002,516 Dea Moines 172,370,653 70,141,669 2,897,549 9,726,386 172,132,696 Bioux City Ames 67,749,940 3,077,463 9,760,806 Illinois—Aurora Bloomington Chicago 6,151,180 6,240,372 24,911,393 —(I Peoria — Rockford 1,351,857,265 18,797,933 58,459,697 65,144,422 Total (31) Cities 40,066,361 12,423,227 22,712,805 3.081,982 8,670,676,486 - 24,315,683 2,656,233 — Springfield Sterling 8,736,235,969 372,536,384 464,609,471 396,004,114 + 2.2 947,268,567 803,197,036 3,598,062,591 3.315,668,668 + 1 — i. — —• —. 15,089,055 12/732,169 +~18.5 12,027,114 14.009,976 7,089,583 67402,669 +~10.7 57890.825 7.547,862 ' + 17.9 + 10.7 + 17.3 9,531,728 6,384,070 + 43.3 5/fo7~,676 5.021,253 8.5 85,169,000 537481,000 + 53.3 54.296,000 67.812,000 9,359,757 + 8.1 483,597,000 + 8.9 + 2.2 10,265,371 9,059,620 + 13.3 184,304,135 180,045,308 3,923,113 + 2.4 + 1.7 4,360,689 3,575,752 + 22.0 353,183,826 3,082,218 320,615,767 10.2 3.569,208 + + 5.3 5,389,504.606 4,954,475,627 + 8.8 130,709,053 108,880.947 + 20.0 89,919.271 89.801,635 — 5.1 + 17.2 — 8.2 526,694,344 73,094,599 124,941,441 66,522,467 + + 17.0 17,422,235 + 8.1 42,170,904 43,351,285 3.1 254,011,730 254,822,206 0.1 1,888,211,005 1,834,814,619 3.4 745,906,239 799,135,445 34,011,654 33,666,686 — — — + 6.2 + 0.4 — 115,764,838 — — + — + 20.1 5,443,845 5,109/748 38,182,051 + 9.1 36,584.163 36,570,993 16.766,021 16.471,381 + 1.8 18,673,333 19.251,720 + + 105,860,638 1.0 9.4 ——— 80,055,068 81,541,276 45,067,442,251 + 6.5 256,509,143 243,652,078 + 5.3 701,909,958 701,638,804 + 0.1 5.6 459,382,144 257,324,406 236,958,257 30,857,302 31,677,206 98,945,977,873 — 427,231,857 7.1 90,681,090,767 — 4.961,548 41,644,027 6.7 47,999,804,004 —13.8 + 5.957,873 2.9 3.1 —10.3 — 2.7 0.3 1.4 + 32.5 0.8 • 9.9 106,755,536 18,826,443 —13.3 — „ 4,215,930,471 + 17.3 + + 17.3 30,430,684 Terre Haute Wisconsin—Madison— 90,482,987 294,991,386 I0,841,45g 283,086,102 17,235,091 18,709,837 106,179,021 32,254,705,313 ' 28,371,736,034 24,110,271 85,838,185 87,756,217 Decatur 7.3 + 37.7 12,716,531 313,281,243 Bouth Bend Manitowoc + — 43,679,791 - Indianapolis , 9,206,231 9,875,114 Detroit 1.8 + 7.5 + 8.6 — + 1.957,789 1,713.127 + 14.3 1,737.772 1.846,973 1,032,033,296 934,078.833 + 10.5 798.840.089 892,154,150 5.087,550 3,850,682 + 32.1 4.306.590 5,544.011 13,718,597 13,189,641 4.0 13,524.419 15.868,080 7,544,066 + 12.3 6,513.694 6.861.657 4,373,531 + 66.0 5,004.578 4,603,332 1,227,493,378 + 13.9 1,072,913,281 1.186,722,972 + 19.5 295,900,000 331.000,000 136,987,589 +" 9.5 125,941,520 128,826.664 119,155,901 + 2.0 124.374,746 126,332,468 27542,365 "5.5 27131,834 2._391,623 569,085,855 + 13.3 548,348,100 588,550,755 8.475,531 7,258,182 2.6 9.1 *3T sk.i- 1,397,927,565 + •3—- Eighth Federal Reserve District—St. Louis Missouri—St. Louis Cape Girardeau IndependenceKentucky—Louisville Tennessee—Memphis Illinois—Jacksonville— Qulncy — Total (7 cities) — 1,580,635,496 15,690,771 1,506,396.097 + 4.9 17,293,908,454 16,019,483,873 14,658,197 + 7.0 2,846,021 170,140,031 156,749,932 2,733,080 + 4.1 28,940,027 27,186,151 + 3.8 8,564,085,507 7,927,699,842 + 8.0 149,967,991 1.7 6,077,513,173 5,954,212,027 + 2.1 121,593,183 6.0 28,247,676 26,307,657 + 7.4 8.1 126,936,301 127,991,263 798,033,720 554,896,282 564,268,347 2.592,158 2,446,397 10,563,653 768,675,037 11,498,291 — ■+ — l 2,965,258,101 2,870,675,446 + 3.3 32,289,771,169 + * 8.0 + 8.5 + 6.5 370.800,000 310,400,000 ~ 30,239,630,745 — + 0.8 27b781.536 6.8 645,042,710 *+ Volume 179 Number 5291... The Commercial and Financial Chronicle Clearings at —M'onth of December 1953 Ninth Federal Reserve MM?nn^n~7^UlUth -January 1 to Dec. 31- 1952 District—Minneapolis—$ Inc. 36.832,355 35,746 075 1'436-871'102 8,847,043 553,069,933 8,305,559 536,417,687 " $ 4,386,000 5,082,000 17!039!802 18,75/674 30,897,292 3,852,546 Helena Uwistown J^ewistown 4.4 16,411,560,069 6,435,997 358,100,920 15,940,919,929 + 3.0 99,518,822 92,111,087 + 6,198,536,544 5,795,876,382 + 6.9 + 6.1 9.1 48,413,663 45,611,733 4.2 15,523,940 16,244,249 4.4 392,267,015 410,550,656 53,142,000 Total (16 cities) —10.7 616,633,255 21,848,795 1.9 25,341,872,119 24,498,358,704 — 3,798,694 5.3 4,1*6*37104 110,350^773 106,*30*57720 8,934,969 8,76~47002 8.8 — 2.1 23,944,435 2,277,515,763 4.7 0.6 — +~ 474*5*67642 3,8*527697 6,123,126 4.7 638,006,928 0.9 + 314,970,292 0.9 43,496,472 250,154,232 —10.5 2,038,332 9/3~5~355 8.0 . —- 324,082,302 41,445,572 261,402,430 195,238,475 4 353 695 ' Hastings 195,971,953 5785*5,6U 5,17*2*, 643 + 13.2 5,003,366 4,787,549 12/7917655 —11.4 11,2*7*0,863 10,882,634 9.2 455,630,076 455,686,020 0.4 — . 11/31,006 4.5 + 3.4 — 8.8 — 3.4 + 4,102,371 528,083,210 483,740,889 Omaha-- 40,562*790 710,998,849 Kansas—Manhattan Parsons 3,216,603 _„ 56,519,704 57,514,070 15,800,526 15,489,736 626,556,836 667,571,329 14,368,643 Denver Total (15 cities) 7,980 337,986 — 4.3 + 154,521,540 8,759,604 10,622,694 14,572,804 3,422,125,986 35 465,359 30 378,290 29, 708,551 482, 053,192 2.5 1,114 884,400 + 1,035, 836,018 7.2 2.4 913,449 795,450 2.1 8,668,481 9,502,204 + 12.4 159,900,711 166,139,28$ 1.2 9,723,523 18,497,231 12,883,588 15,993,05$ +*5/ 354,106,056 380,508*202 4.6 14,574,075 16,422,194 3,763,078 3,451,839 574,251,264 610,017,029 — 5.3 7.6 + 49 ,345,390 89 ,822,670 18,446, 675,265 24,875,769 410*61*8*213 390,5~9~6*0i6 2.9 — 24,573,205 0.9 — 623, 497,277 —17.5 15,164,454 14,499,147 — —45.1 + —10.6 19 ,995,190 21 ,503,239 + 1.6 2,668 ,829,286 2,455 ,722,972 + 2.0 192 ,331,490 177 ,398,517 + 6.2 7,195 ,799,409 3,240,357 3,915,401 —17.2 7,117,,478,968 + 1.4 1.1 173 ,951,601 162,,350,841 + 7.1 3/82*597 3/0*6*406 866,731 +"*2*4 38,970,645,228 39,144,063,532 0.4 651,894,160 614,918,985 — — 3,565,952,954 1,006,354 2.3 18,280 ,089,159 605, 756,596 + + 870,482 10,786,563 0.1 + — 6.8 1.7 1,124,937 891,557 35 ,475,228 — 2,423,150 232,778,370 Pueblo 7,637, 708,017 456, 495,666 — 2,165,558 Colorado—Colorado Springs 1,205,765 10,560,236 173,698,172 —51.4 1,681,600,511 236,505,334 Oklahoma—Tulsa 5.4 4.8 2.1 + 8,233,307 1,567,649 870 Joseph Carthage— + + + 76.9 — '94.035,678 000'000 *4 - Kansas City Bt. 46,893,180 439 319,497 5.7 — 1,525,674 42.782.655 gg 422 195 m 49,420,500 460, 185,006 1.7 + 3,410.816 2,699,229 Wlcnita — 699,349,693 41,869,927 Topeka 6.1 3.9 + _ 38,999,017 _ Missouri-—Joplin_, 317,271,886 4.1 9^084,297 $ 6,948,598 308,664,865 + 12.9 12773*5*3*,575 1951 $ District—Kansas City Nebraska—Fremont Lincoln 5.8 + + 17,920,273 2,233,690,563 Tenth Federal Reserve 207,033,802 —17.8 1952 . —18.0 1337376,685 4.5 — 67,311,816 196,171,135 January 9- or 4.4 __ 57,777,000 66,694.562 9.2 Inc. Dec. % 7,348,915 317,275,642 8.0 3.1 56.478,441 2,057,376 $ + 6.5 — 23.566,310 1953 $ 389,265,728 —13.7 29,209,134 4,686,725 24,524,176 16,036,236 ' 50"415"592 Huron 1954 406,203,956 —10.6 M?ntana-BriTin7cT Great FaS or + + BOSitouxDFa1°sa~Ai'er^een -Week Ended Inc. Dec. % + + ■ 1952 $ 3.7 — — Mi not 1953 3.0 + 1,491.649,038 Paul Winona Rochester Bt or Dec. % * 4.0 — 7.0 — 8.7 + 8.4 — 6.0 + Eleventh Federal Reserve District—Dallas— Texas—Austin ; 36,707,328 Beaumont 5 184,681,132 447',956,134 408,937,435 9.5 • + 4.4 264 583,046 259,230,324 + 6.1 + 190,472,172 143,525,884 Galveston. 17,532,045,207 + 5.6 2,048 004.023 1,831,617,797 3.0 142,570.527 0.7 + n L 10,081,463 10,687,483 423,471,023 385,334,607 5.7 8,543,867 10,149,344 9.9 — 312,047,983 318,484,393 2.1 18,512, 732,394 1,578, 970,572 + + 11.8 1,635,075,800 3.4 2.8 350, 162,000 38,294,592 34,103,040 + 12.3 349,264,000 32,225,667 34,030,917 1.0 + 2.3 16,263 728,143 6,904,000 7,975,000 —13.4 15,687,152,876 7,745,000 6,677,000 + 3.7 + 12.6 96 ,526,080 88,388,976 + 9.2 —19.0 300, 405,715 313,082,714 30,292,000 31,146,000 1,410,2^1,475 1,423,974,391 9,398,264 8,343,027 21,771,481 26.870,005 7,384/80 8,242,081 —10.4 95, 270.024 6,639,388 5,711,313 A+ 16.2 5,659,352 56,467,963 91,651,667 6,218,529 58,342,090 Houston— + 3.9 3.3 611 ,608,788 582,553,755 + 5.0 13,014,814 12,548,069 + 3.7 11,204,963 12,686,155 38,779,000,551 + 4.1 498,405,280 456,359,512 + 9.2 377,986,009 387,687,161 2.0 165,056,958 143,069,753 + 15.4 151,678,882 150,909,430 9.9 6,283,805 3,501,111 + 79.5 4,372,426 4,314,090 —10.6 155,860,912 160,851,201 9.9 61,623,068 69,034,346 21,986,036 Port Arthur Wichita Falls—. Texarkana ' . Louisiana—Shreveport Total 5.9 24,860,453 1,556.787,928 WnrtT Wprth Ft. 39.003,816 23,760,311 1,651,283,025 Dallas (11 cities) 3,577,437,870 — — + 3,508,738,363 2.0 + 40,569,946,919 -4.1 Twelfth Federal Reserve District—San Francisco— Washington—Bellingham 6,548,336 Seattle ; 6,414,478 693,989,210 36,368,029 38.214,016 Oregon—Eugene 9,572,000 18,407,735 398 ,885,892 125 8.1 ,939,000 132 8,505 ,458,176 > + 12.0 — + —1.7 ,249,000 8,533 ,190,956 0.3 — 189 ,280,462 184 ,093,147 + 2.4 3,687 365,396 + 7.8 + 26.4 1,261 ,900,445 1,050 ,172,450 512, 025,446 356 489,249 51,377,938 42,204,835 9.8 Long Beach 388 ,935,864 94,948,158 86,697,693 388 ,950,751 Modesto + 9.5 27,348,898 1,036 867,950 26,243,871 919 077,757 + 12.8 + 4.2 290 ,867,408 275 ,157,958 + 1.1 733 371,670 688 ,131,702 6.6 64,645,374 14,306,792 2,495,888.391 2,602,031,624 75,689,905 + — 65,380,121 16,755,563 73,689,189 San Francisco Ban Jose_ Santa Barbara 28,320,630 46,598,045 — Total ■ (19 cities) 4,906,180,143 V •—— Grand Total (182 cities) Outside New York (a) Now in Philadelphia, Pa. Figures for are 17,776,898 0.6 14,877,485 16,261,521 1.9 547,034,510 546,969,822 + 0.1 498,942,219 477,957,798 6.1 17,123,656 159 143,344 864, 010,291 5.2 283, 147,846 272, 876,668 8.7 535 983,089 558 831,881 3.5 — 814 626,113 55,173,113,695 1.5 — month of 551,664,441,149 January only. CERTIFIED BY JANUARY 8, FEDERAL 1954 TO RESERVE JANUARY BANK 14, TO 6,154,893 6,144,155 10.988,463 10,729,357 + 2.3 1,013,262,130 1,019,751,714 + 3.5 22,582,553,166 18,448,972,342 5.0 10,090,686,199 9,220,286,621 525,489,757,110 + and Monetary Unit Noon Buying Rate for Cable Friday transfers on the Bank different TREASURY UNDER TARIFF 9.4 8,489,284,268 8,634,612,684 + OF Transfers in New York the (Value in United States Money) Jan. 12 Jan.13 $ the for week commercial, and agricultural loans, $272 million in bal¬ $945 million in demand de¬ posits adjusted, and $280 million in United States Gov¬ deposits, and increase of $290 million in an Thursday Jan.14 $ changes Decreases of $438 million in with domestic banks, ernment Wednesday System in leading citie$ principal following Jan. 6: weekly reporting member Reserve 1930 industrial, Tuesday Federal the of ended ACT 1954, INCLUSIVE S 934,814,536 17,069,806,585 The condition statement of banks shows Jan. 11 $ Argentina peso— 938,436,924 16,774,516,938 Condition Statement of Member Banks the Federal Reserve Monday Jan. 8 0.6 + 22.4 — "Estimated. ances County 16,626,602 + 16.2 —39.1 just passed: RATES 16,161,678 5,863,150 15,013,733 Foreign Exchange Rates EXCHANGE 7.0 — 6,820,257 9,137,985 53,949,057,670 Pursuant to the requirement of Section 522 of the Tariff Act of 1930, certifies daily to the Secretary of the Treasury the buying rate for cable countries of the world. We give below a record for the week FOREIGN 18,412,697 3.8 4.1 — 987,213,792,857 0.5 + the , 8.0 + 49,865,209.504 1952 2.6 + 26,768 895,072 — 94,788,975,581. for + 17,040,879 171, 843,605 — 49,100,758,429 included 21,838,909 17,149,873 27,282, 107,185 2.7 + 5,085,401,354 95,271,629,233 22,406,082 5.7 4.1 — 51.043,219 — 0.1 — + 17.1 26.916,372 Stockton— 75,908,615 + 43.6 56,343,610 38.067,234 Riverside 172,127,045 68,357,198 + 20.2 9.7 153,891,806 2.8 3,973 ,805,594 + Berkeley Pasadena ~r— 4.8 — 3.6 — 98,490,313 California—Bakersfield 392 ,091,247 — 359,435,324 124,535,100 4.8 —16.9 19,096,226 368,178,957 Salt Lake City Arizona—Phoenix 223 ,922,355 — 741,417.955 Utah—Ogden. 70 ,927,485 8,466, 070,494 245 985,121 — 11,522,000 681,607,930 Portland 79 ,457,431 8,300 035,865 + 20,310,660 Idaho—Boise 2.1 7.6 + 10.1 750.608,728 22,367,038 Yakima borrowings. $ Basic .200000* .200000" .200000* Preferential .200000* .133333 s .200000* .133333* .133333* .133333* .133333* .0719820* .0719820* .0719820* .0719820* Free .0719820* I"' Australia, pound Austria, schilling Belgium, franc 2.240039 2.240039 ~ Free .0385802* .0385802* .0200100 .0200026 .0200035 .0428082*f .0428082*t .0428082*t France (Metropolitan), .0352609*t .326350 .326350 .326400 1.025625 1.025859 1.027968 1.027500 .210350 .210350 .210350 .210350 .00435401* .0352609*1" I .00435401* .00285625 .00285625 .00285625 .00285625 .210366 .210366 .210366 2.811250 2.810937 2.810625 2.810937 .116245 .116245 .116245 .116177 .116177 .264100 .264050 .264014 .264028 Zealand, pound Norway, krone .264028 2.783415 2.783415 2.783106 2.782797 New Philippine Islands, Portugal, escudo Sweden, krona Switzerland, franc .140080* 2.783106 .496766* .496766* .0349000 .0349000 .193330* .193330* .193330* .193339* .233075 .233075 .233150 .233137 2.800747 2.800747 2.800435 2.800124 2.811250 2.810937 2.810625 2.810937 sa upon were the $231 million in New York City, $53 million in Chicago, $37 million in the Cleveland Dis¬ trict, and $23 million in the Boston District. brokers and dealers for purchasing or Loans to carrying securities decreased $129 million. Holdings of Treasury bills increased $25 million at all reporting member banks. cates of indebtedness as $63 million Holdings of Treasury certifi¬ decreased type of merchandise. ♦♦Temporarily omitted. was $101 in New York City. million, of which Holdings of Treasury notes and of United States Government bonds increased $71 million "other" and securities $66 million, respectively. increased Holdings of $30 million. ss Demand (-Application depends the largest weekly decrease on rec¬ reflected in all but the Dallas District; 2.800435 2.811250 peso ♦Nominal. de¬ .140080* .496766* .0349000 .233014 sterling .140080* .496766* .0349000 .193330* I__ .140080* .496766* Union of South Africa, pound United Kingdom, pound Uruguay, .140080* ' .0349000 peso was loans .00435401* guilder Netherlands, This was agricultural they have in 13 of the past .210366 2.811250 " .00435401* .00285625 .210366 franc_II_. India, Dominion of, rupee pound Mexico, peso ; Ireland, .0352609*1" .326400 .00435401* Markka .0352609*t .210350 ' ! rupee 15 years. ord and and the year-end, as .0428082*t .0352609-t .326400 Malayan dollar- dollar over principal decreases 1.025546 British Malaysia, Finland, 2.239790 .0385802* .0200562 .0428082*1" Basic Ceylon, 2.239541 .0385802* .0200562 Erazil, cruziero— Canada, 2.239790 .0385802* industrial, Commercial, creased district; deposits the adjusted principal decreased decreases were in all $448 but million one in / 46 January 18, 1954 Financial Chronicle...Monday, The Commercial and (246) York City, details $76 million in the Cleveland District, and $63 million in in which the (except where indicated) volume current Chicago District, in the million $168 domestic Demand deposits credited City District. banks increased Date Page preferred stock——_—Feb 1 National Ry., 4% debenture stock———Jan 31 Northern Ontario Ry., 4% debenture stock—Jan 31 Northern Quebec Ry., 4% debenture stock—Jan 31 102 Byers (A. M.i Co.. 7% Canadian Canadian and by smaller amounts in eight of the other districts. Canadian Northern Canadian of assets and liabilities of reporting Eastern ber banks follows: Inc. (+) ' ■. 6, Dec. 30,« 1954 Assets— Jan. 7, ' 1953 1953 (jn mjHioniS 0f dollars* and 80.819 Investments—total Loans—net —483 40,446 industrial, and loans to brokers chasing Other and 559 22,942 dealers carrying or loans for for + 1,587 Real Loans Other Sf- 862 loans + 68 2 + 385 34 + 230 — 18 + 741 + 61 + 20 + 32,861 - certificates — 5.202 6,482 —101 + 71 66 V. S. bonds securities , 7,512 .__ Federal + 153 +12 — 640 64 — 16 30 + ... 14,713 Banks Reserve + 1,002 with banks domestic — 2,700 Cash In vault . —272 * * —Feb f. debs, due 1962.—Feb 1 1 3 Outlet 4 Overbrook pfd. stock—Feb 16 * Pacific Can Finance, Seabrook 1st —___—Feb 1 Feb 1 9 Feb 15 1st mtge. bonds due debs., due 1962 f. s. Feb 1965 debentures 3%% Co., Power 1 1 sinking fund 7% preferred stock-—.-Feb debentures due 1966 Feb 8 1 * 12198 Feb 8 12577 Carpenter Paper Co., 4'a- convertible Illinois Central 4%% RR„ Co., Finance Seaboard $1.72 stock preferred conv. — this in issue, Volume tin V. Interbank deposits demand Domestic —945 19,525 — government except Government S. 55,272 deposits adjusted itime deposits —280 2,500 ._— 443 — + 175 11,743 546 + , Per 32 — 97 +290 1,260 banks Foreign — 682 — 857 Borrowings Name Share of Company 30 Mading Drug Stores, SI $1.0614 Tire Shovel Co., Power Marion Field Marshall From & payable securities of Jan. 13, Jan. 6, 1954 fttaets— I—) 1954 4.25% Jan. 14, : certificates fltffdemption 20,453,101 for fund .notes Co., Maytag industrial Govt, S. —- 1,803 18,103 + 920,184 13,881 128 — 1,851 securities: ■' V"-: ,1. ■ Bought 581,9">7 __ 46,080 1 + 156,070 loans '0 2 . 429,236 advances 115,044 + 21,350,033 gold ctf. reserves. and outright— 2.596,312 + 1,854,362 Certificates 5,816,541 + 820,825 510,000 13,263,671 Notes J 3,641.150 . 880,825 McCall 4% Corp. outright under repurchase bought 'Held 25,317,674 Total 25,475,547 /Die V. CG.fiOOj ____ Total U. S. Govt, securities. from R. and loans securities— notes of other 66,000 + 1,112,762 80,009 — — + 190,727 1 22 foreign banks 239,392 banks 7~358 + 13,132 ' ■ Vacollected (Bank 3,907,910 items cash premises OTher 171,600 — — agreement 1,284,362 + 25,317,674 52,448 168,884 assets Total assets 7 — 4,004 + 8,496 + 51,623,472 352,945 106,862 — — 9,949 124,946 745,150 — McCormick 434% Liabilities— 248,837 + 348,873 S. "Other 20,227,853 + 44,348 — 135,225 499,730 _: + + — 60,088 441,361 1 431,691 ' 86,391 acct._ Treasurer—gen. Foreign 44,710 •— 368,617 199.477 77,493 + deposits liab. and accrued 13,921 3,153,498 + 101,975 17,875 Deferred availability cash items Other + •+ 667 21,255,335 — divs._ 922,292 225,941 1,773 + Mid-West Abrasive 132,274 — 797,587 (Section i<3>irplus 7) + + 595 625,013 Barplus (Section 13b) Other capital accounts 12.805 + 266,339 40,337 + 6~733 ' 705 — Total «fe cap. liabilities 51.623.472 accts. 124,946 — of serves gold to certificate 745,150 deposit liabilities note and Minnesota Minute Ontario & Maid on accept¬ purchased for + 0.2% 0.7% — $6 foreign 759 3,607 + 3,692 99 + 213 + Public 4.50% a list of $6 preferred and common stocks called for redemption, in¬ cluding those called under sinking fund provisions. date indicates the redemption last date The for making 1-18 1-20 3-12 1-28 2-15 2-15 1-29 Common (increased quar.) 1 1-22 1 1-22 Co. & (extra)— Morris Plan Corp. Philip Mount Diablo Co. Co. Royal Mills, Power Co., 4'4% 12-31 & Mfg. (quar.) Co., Merchandise partial Elec. for States Ry (increased) shrs. 2-10 12-31 1-20 12-31 1 1-15 4% 2-15 1 2-16 3-15 1 1-15 2- 2- 1 $1.50 2- 1-15 1 1-11 30c $1.18% 1-21 12-21 2- 1 1-15 140c '1-19 1- 5 2-15 2- 1 2-15 2- 1 2- 2 1- 2 2- 1 1-16 1 1-20 2-10 1-14 1-21 12-21 2- 1st (Minn.) 25c 2-15 1-22 20c 2- 1 1-20 2- 1 1-20 75c 1-26 20c 1-20 2- 12-31 2- 1 1-12 $1.17% 2- 1 2- 1 1-14 2-23 12-10 1- 1- f$l $1 Inc., ( 15% 19)— (quar.) 40c 2- 1 1-14 $1.05 3- 1 2-15 $1.06',4 3- 1 2-15 3- 1 $1.12% 35c $1.50 $30c 25c 87%c 75c 50c $1.25 25c 50c tlQc — Engineering $25c 40c 50c 50c Co 10% 35c 12%c Cement (quar.) $1.25 partic. class A (accum:) Corp., com. (quar.) Light k Power Co., _____ com. St. Fine W. Lawrence San Antonio Co., 6% pfd. (accum.) Foods, Inc. (resumed) Co., & Class Industries Schwitzer-Cummins 5%% .' 25c 50c 14c (quar.) 3-15 3- 3 1-20 2-11 1-14 1-15 2- 1 '2- 1 2- 1 1-20 2- 1 1-15 2- 1 1-15 1-20 1-22 1- 1-22 1- 7 1-30 1-15 2- 1 7 12-31 1-11 1-25 1-22 1-15 4- 3-15 4- 3-15 6-15 7- 7- :t, 6-15 10- 9-15 10- 9-15 1-15 Inc. 4- 1 1-25 1-20 1-25 2-15 1-15 2-15 2-15 2-15 1-15 1-15 1-18 3- 5 1- 9 1- 5 12-31 2- 1 1 14c 5-15 5- J20c tlOc 2- 1 2- 1 1-15 50c 2-10 1-20 27%c 27%c 27'4c 2- 1 5-1 8- 2 1-20 $1 85c 2-1 2- 1 91%c $1.07% 3- 1 3- 1 —.—_' class A—1 Ltd., preferred preferred 5 1 2-15 t$1.06 $1.50 —.— , B preferred 5 1- 4- 1-25 3- 1 3- 1 3- 1 2- 1 2- 1 1-25 2- 4 4% — (quar.) Corp. Transit Quarterly Scarfe 1- 1-25 1-29 25c Corp Dutch Petroleum Co. (interim) Royal Typewriter Co., Inc.— 4%% preferred (quar.) ; Building 1-15 1-25 1-15 , (quar.)— (quar.)___!—— preferred Royal & 2-25 1-25 1-25 $1.02% $1.18% „$1 15c $1.16 (quar.)—.— preferred (quar.) preferred (quar.)— Aircraft 12-22 50c (quar.)— 4.75% 4.65% 12-22 1-20 Co.— preferred Rockland 2-15 1-20 56c — Rochester Gas & Electric 4.10% 50c $1.75 $1.75 $1.75 $1.75 $1.75 $1.75 30c 93%c — common preferred 3%% Riverside S. 1-12 (quar.) 1-15 Co. A (quar.) A (quar.) A (quar.)— 4-20 7-20 8 8 4 Scott Paper Co.— $4 preferred (quar.) preferred (quar.) $3.40 Scovill 3.65% — : 1-20 90c common 5% % 3714c (quar.) (quar.) 6'4 c 5c (quar.) preferred 2nd Rich's, Russ 1-11 (quar.)—__ pfd. preferred (quar.) preferred (quar.) preferred (quar.) 1st 2nd Rohr 1-20 12-31 (stock dividend) 5%% of 15c (s-a) * Co. 2nd 7% 2-26 1 1-11 12-31 (quar.)^ preferred (quar.) preferred (quar.) Inc., 1st 4% 4- 1-26 12-31 — & Electric 7% 1-15 3- 4 4-15 1-20 preferred 1st — Rice-Stix, 7% 8 2- 1-20 Republic Supply Co. of California (quar.)__ Resistoflex Corp., 5% preferred (quar.) 1-15 1-31 1-20 held .' common preferred Power 2-28 5614c 1-11 1 3- :— 3.60% Corp. Remington Corp. 2-10 25c share 1 10 (Hartford) Illinois Pacific 2-28 liquidating) of each Northern Northern 8 12-24 2- 1- 1-27 <quar.)_____—— Stores Extra Schenley (quar.) Engineering Works Corp., 1- 1-20 Co.— Northern convertible (,quar.)_! (partial Insurance 1 8 93%c 5c __ ; pfd. liquidation com. 2- 1- 3714c 60c tlOc (s-a) (quar.) (quar.) Ry. Co. tquar.)_ Canada preferred American (quar.) pfd. 4%% 3%% Co. Western adjustment 1 12-31 1-20 (Canada) Ltd., common— 7% 55c pfd. series B Western of 8 $1.05 15c ; Meter J.) <quar.)_ (stock divid.) Y.)_ (N. Inc., 2 1- 40c pfd. (year-end) Company 1- 1-29 2- 12-22 1-18 1-20 (quar.)__. A preferred 5% Reliable 7% 1-30 5c 2-19 1-15 50c stock convertible preferred 7% 21c (quar.) (quar.) Bank Brothers, Common 1-20 f20c (quar.) com. common Chemical Products $1.50 1-13 1 62%c Ltd.__ Co., (quar.)______ preferred Union 2- 6 lc :_— Electric, Tea & 1- 2c (quar.) Rice States preferred City 2-24 1-27 80c (extra) - Narrangansett Y. 3- 1 1-20 20c Reliance 56%c (quar.)_ (quar.) Extra N. 1-15 Morris. of America, com. preferred (J. 1-15 1 15c see Newberry 1-15 1 2- 1214c (quar.) (Philip) Neisner 1 2- 34%c 40c $1.50 $1.50 (quar.) & Co Natomas 2- Hardware Co., Inc.— (John) National 2 $1.20 common 1 y65c (quar.)___.—______ — (quar.)——————— (quar.) preferred Reitman's $1.10 (quar.) 2- 1 8 of the Currency and of To be voted on at the an¬ preferred $2 1-15 3- 1-20 (quar.)— (quar.)— Reading Co., common (quar.) Reece Corp., 5% preferred <quar.)_ Reed (C. A.) Co., class B (quar.) 12-21 2- 3-12 1-20 1 —— preferred $3.50 $1.1214 pfd. (quar.) Morrell Mountain 45c 1-15 1 2- Raymond Concrete Pile Co. 2- 1 1 2- Extra 1-29 2- 2- 20c 20c $1.25 (quar.) common Oats Co., common 6% preferred (quar.) —— Quebec Power Co. (quar.)—. Radio Corp. of America, common.... 1-18 1-30 4 2- 25c $1.37 % Service 4.20% 1-14 1-30 10c 40c 1- 30c 50c $1 (quar.) Co., special 4%% 50c 50c 1-18 Louis St. & meeting to be held on Jan. Co. of Colorado, com. nual Public 2-11 1 8 ____—___________—______— 4%% 3- 8 1- 62 %c (quar.) _____ stockholders. 2-15 1 1- Comptroller the 2-15 $1.50 Co. Co., Northern or tenders, and the page number gives the location in the 1-23 2- 1 1- (accum.) preferred B (quar.)_ Co., Ltd., com. (s-a) Price National Corp., $1 conv. class A (init.) Public National Bank & Trust Co. (N. Y.)— Stock dividend (subject to the approval of 2-19 1-15 1-15 Ltd.— 4.70% 3-12 % (quar.) Ward Northeastern i 1 1-20 1-31 1-31 1 Price Bros. & 75c 25c 10c ; (quar.) Moore-Handley North bonds, notes, 1-22 1 1 — common preferred Special Society— Power preferred 4% corporate 2- 1 Co., (quar.) Potomac Edison Co., 4 1-15 . ; (quar.) preferred (2nd found 1-11 1- 2-15 1-15 2- 1 Railways Co. Special 12-31 1 1 32- $2.50 Employees 1 1-20 1-29 4 2- s Chicago Cincinnati Plymouth Cordage 1-15 $1.3714 3714c (quar.) (quar.) 4.40% Power. Loan 5 % % Montana Norfolk be 8 $1.06% (quar.) (quar.) Co., common $2.40 preferred (quar.) New Dickinson Mines, Ltd Below will 1- 1 1- 1- 9 $1 97'/2C common Co.— preferred Brewing preferred 5%% 2- —— pfd. (quar.) Paper Service preferred Monroe Neon Notices 1-25 2- y Quaker (quar.) preferred Neptune Redemption Galls and Sinking Fund 2- 1-15 1 a7%% Corp., convertible Pittston company preferred National Lead Co., 6% 23.874 correspondents industrial loan commitments__ 1-15 2-1 ■____■— above Corp., common preferred 1st National > 2-1 2-26 2-15 2- (s-a) $4 Mississippi Power & Light Co.— 4.20% 45.0% 1-15 2-26 3-12 2- 4 95c $1.07 % $1.10 $2.50 (year-end) Pittsbury Mills, Inc., common (quar.) 1-15 1 3- (quar.) Corp $1.60 prior preference R. combined Contingent liability ances F. 1 2- 1-11 3-12 50c 35c 15c (quar.) 1- 2-11 $1.06 $1.06% _ Pittsburgh 5 $1.10 $1.2214 Inc. 414% convertible 2nd $1.50 National re¬ 2- $1.18% 25c Nathan Straus-Duparquet, Inc. JLatlo 2- 2- 1214c Minneapolis-Moline Co.— $5.50 1st preferred (quar.) 5% — "_ of Petroleum Miller & Rhoads, Mount 27.543 120,447 1 3- Co.— date Morrison-Knudsen Capital paid in 1-29 25c V. .25c , perferred (quar.) RR. $2.50 25c 25% 45c (s-a). (quar.) Co. record States Middle $2.25 Capital Accounts— 1-15 ■ Pittsburgh revised. Morris —• 2-19 1-30 ' Montgomery Total 3-15 12-31 (quar.) Corp. Petroleum Co. Cement preferred preferred $2.50 4 1-20 * Extra of 1- Corp.— Electric (quar.) (quar.) fz preferred preferred —-—- Philadelphia Electric Co. 3.80% preferred (quar.)_____—__—-— 5% 2-26 (special) 4.40% (quar.) Pinchin, Johnson & Associates, t25c (quar.) Scott & 4.90% Holders 2-19 1-15 tl5c 30c (s-a)——-(stock dividend)— (quar.) Gas Michigan 4.80% Member bank—reserve accts. "0. Extra' 1-20 1S1 common A Meyer-Blanke Co. Monongahela ___ 26,157,422 Tfd^ral Reserve Notes 1-31 ,..$$1.50 : — (quar.)———_ Machine (quar.)_J — & Extra 1 1-31 (quar.I Ltd., com. preferred 5% preferred Meyercord Co. 2- tl5c — (quar.) Cement Corp'., Melville Shoe 4 $1.0614 75c (quar.) Oil Co., Co., & 1 1-20 24c (quar.) Portland 2- i Corp. class A McKaies Medusa Missouri Deposits: 1-11 175c Interim (quar.t preferred Mid-Continent Total 1-11 -2-11 20c preferred preferred Gear Pittsburgh (quar.) (quar.) Merrit-Chapman ■■ Bills Bonds B 1-14 Corp. preferred $3 1-6 1-30 or (quar.) McColl-Frontenac 896,932 cash Discounts 697,001 — R. F. __________ Total (Other 2 — Chenical preferred Class Gold Ltd. McCabe Grain, Ltd., 60c pref. class A 1953 1-18 1-25 Co. Phillips-Jones 2-1 the shares in — Mathieson since (quar.) preferred Traffic 1-12 1-6 (special)— cash Inc. (+ ) or 1-25 24c y (quar.) common 1- 1 2- tl5c (resumedj__ com. Trust Massey-Harris-Ferguson Dec. Ltd., (quar.) 4.40% (quar.) Philadelphia Fairfax Corp Philip Morris k Co., Ltd.— 4% preferred (quar.) 3.90% preferred (quar.) 40c 30c 50c (quar.)-—. Co. Investors long-term capital gains from net sale thousands of dollars) 5614c (quar.) ——_ Co. Rubber & Massachusetts (In 1$1.25 (quar,)_ convertible 414% Mansfield Federal Reserve Banks Combined ; preferred 5% & Co.— preferred (quar.)— (P. R.) Mallory Statement of Condition of the Twelve 1-15 1-15 —... _____ 4.30% preferred B (quar.) 414% preferred A (quar.) District). (San Francisco revised figures Payable of Rec. & Co.— (R. H.) Macy 4% "December Holders When 3-19 1 gains securities)— (quar.) Permanente • 1-15 1 1-25 32c —35c & Co.— — Corp. (from net realized sale of 4.25% 1 2- Transport Co.— Peerless Cement Corp. Perkins (Continued from page 10) deposits: banks (The) 4.24% Dividends + 1,651 1-15 2- Pennsylvania Power Co.— 61 + 7 Parker Penn 1 $-1 Davis 6% 1 t 4 12-28 2- - Co. (C. A.) shares (resumed) Penman's, 178. 4 1-21 1- 1-19 32'4c — Special ♦Announcement 1- 1-27 1-18 $2.35 (extra) (quar.) Co. Parke, on 1-26 Oil American Page 1- 4 4- Year-end Pantepec ^ 1-16 12-18 • dividend American Petroleum & Pan 2-15 10'" 25c preferred (quar.) Vegetable Oil Corp.— Stock 8 1-26 $1.25 31 %c • common 1st Pacific • Date Company and Issue— Service, Public $1.30 * Mar 15 dividendi pfd. (quar.)_ 5% 1-16 12-28 dividend Stock Pacific CALLED ISSUE ENTIRE bonds. — (stock Co. Packard-Bell Liabilities— Demand Pacific Ltd.— Co., Corp. Arms preferred lauar.) Inttrmountain Express— $1.25 5 108 9 109 Feb preferred stock- (Kansai division) mtge. s. series A bonds, Co., 3%% Farms Electric Toho 255 + 3%% (year-end) Co. 1-14 1- 2-15 $1 25c $2.25 $5 5% Co. Elevator Extra Electric Power Co., Ltd.— 7% mortgage Sun Ray Drug Otis class A 1-14 1 1-29 125c $$1.75 5c (quar.)__ (Ohio), Co. 1-15 1 2- 2% (quar.) preferred 1-14 2- Steel Products Co., Osgood 1-15 1-30 50c 25c dividend* Ltd.— (stock Ltd. 1-14 1 1-22 $1.12'/2 B Ontario 1-15 1-30 (stock dividend) — Oil & Gas common shares held Oneida, 7% — Co. of Newark, N. J., $4 Republic Steel Crop., 3% —1,629 —. + Page A— series Corp., Milk Co., 4%.% Pet +2,750 + 457 indebtedness of ___. Packing Great Consolidated —1,558 ' 18,583 Treasury with 25 2,594 ; Treasury notes Balances « — 8,001 bills Reserves — 680 17. 3. Government securities—total Other 380 + 6,479 loans_ Treasury Deerfield 1st banks to 217 — —129 2.119 11989 Date stock, preferred Firemen's Insurance i_ - estate 438 - 25 22 31 1-15 12-31 2- two preferred (quar.) Filters, Inc., class A (quar.) United Class (quar.) 1 1-29 20c 37'4c 50c _____—_____— Co. 4'4% Corp., Oliver Electric Corp.— Cornell-Dubilicr carrying or Oliver REDEMPTION PARTIAL 1,551 + pur¬ securities- purchasing securities 4 each for stock Olin of share One Electric Inc. Industries, Olin (quar.) Co. & (quar.) Common agricultural ___. Loans • 20/ Shoe Gas Okonite Co. 11978 Jan 22 Company and Issue— $5.25 Commercial, stock——Jan 31 debenture*! k mtge. +1,724 —574 41,083 _L_ Loans—gross 1st Oklahoma Pacific Jan. Loans or dec. (—) since ' ' ■ 4% Nunn-Bush 11978 J1978 1-15 1-15 1-20 l°c ■ $1.3114 (quar.)_— 1 1 2- 25c preferred tl978 22- l°c (quar.) 1-15 1 2- 25c Extra 5%% Associates— collat. trust bonds, due 1974 Jan Maple Leaf Milling Co., Ltd.— 5% redeemable preference shares. .—Feb Pittsburgh Railways Co.. 5% 1st mtge. bonds due 1970—Jan Quebec & Lake St. John Ry., 4% debenture stock Jan 3% % ■ Fuel & Gas Ry., Corp., capital .stock——— Petroleum Creole mem¬ — B Class Company and Issue— $175 million. Borrowings increased $192 million in New York City A summary OF TENDERS NOTICE to A (quar.)— -1— class Engineering, Northwest Extra the Kansas Payable of Rec. Share Name of Company given in the "Chronicle." were Holders When Per New 12-3, 4.30% Mfg. Co.— 1 1-19 1-19 1 preferred (quar.) _; preferred (quar.)__. 2-11 2-11 Volume 179 Number 5291 The Commercial and Financial Chronicle ... Holders When Per (247) Per Share , Name of Company Seaboard Finance ferred (entire Feb. on at 8 Strawbridge & Clothier, common Suburban Propane Gas Corp.— $32.75 plus share per 5.20% this 14c t30c Corp. of America (quar.) Sherwin-Williams Co. of Canada, Ltd.— (increased quarterly) Sierra 5% Pacific 6% Power, preferred Sigma Mines, Slater (N.) Smith (A. Smith ; $2 (Howard) Aircraft Common Television-Electronics $45c 1-9 2-2 1-4 90c 12^31 1-29 22%c 2-15 1-31 28c 1-31 1- 28%c Edison 1-31 1- 5 37%c (quar.) California preferred 2- 1 1-15 .____ $45c (quar.) Indiana Gas 4.80% ■ preferred Southwestern & Common 4% % A Co., Milling $1.60 Co. Silica Corp. 2- 1- Glass (quar.) 2- 1 1- 8 (quar.) $1.21 2- 1 1- 8 Mfg. $2.50 Co., Insurance 6272c (quar.) Co. (Los 1 50c Corp 2-26 5-28 4.25% 8-31 4.56% 12-10 11-30 40c 50c 3- 1 1-23 2-17 2- 1 1-15 Trane 15c 2-15 1-29 Transamerica 1-20 1- 2-15 2- 5 rets, Edison Co., Trade Bank Stock 1-16 Union 8 Co. (N. $4.50 preferred White Ltd., class 'r Class B (quar.) Steel Co. of Canada, 1-28 1- 8 3-1 2-15 Wilcox 3- 1 2-15 Winn 2-10 12-29 5c 2-15 18%c (quar.) (s-a) 3- 37'/2c 2- 1 2- 5 1-14 6% 1-14 Wolf Missouri— & 1- 2-15 20 2- 1-20 preferred (quar.) 2-15 1-20 Wrigley 1-9 $3.50 preferred (quar.) 87%c 2-15 1-20 Yellow 1-9 Union Gas Co. of $25c 2-1 1-7 Union 2-1 1-7 United Extra Sterchi Brothers Reduced Sterling Stores, 25c Inc 3-11 2- United 2-25 25c v 1-14 4 Co. of _: Canada, Ltd Calif, Continental From net 2- $35c (quar.)— Cigar-Whelan Stores, preferred (quar.) $3.50 Inc.— quarterly Brewers, Oil 1 Textiles, Stern 4%% preferred Stetson (John (quar.) B.) Stewart-Warner Stokely-Van United Inc.—- Co., Corp. Camp, Common 8% pfd. 50c 12%c 87Vic common (quar.) 1 income prior preferred 15c (quar.) Shop, Corp. Inc. Corp. 2-12 United 1 1 6-17 1 3-17 1-25 7- 1 6-17 1-19 1- 8 U. S. Glass dividend) 2- 1 U. S. Radiator 1-22 U. (quar.) 5% , 2-15 25c — 1-30 S. $4 Shoe & 1-15 1-29 2-26 $20c 3- 1 2-13 37Vic 2- 1 1- 2- 1 1-15 Co., 8 Co.— common (quar.)__ 75c 2-15 $1.25 2-15 $1.25 (quar.) Stationery— 4- 2- 1 2- \ 1 - $12 %c 1 3-12 1-31 1- 8 $1.4334 2- 1 1-15 $1 2- 1 1-15 27%c 3-10 3- 1-28 4% 1-11 1 50c 67c ; 1-29 2-27 2-19 3-19 lie 3-31 $1.50 1-31 Co. (increased 1-15 15c 3-15 3- 1-30 1-15 90c 2- 1 25c quar.) 2- 1 20 1-30 1-10 5 County Electric Co. preferred (Wrn. Cab (initial) Jr.) Co. (monthly) 12 Co.— preferred (quar.) preferred (quar.) convertible preferred County Gas Co. Zeller's, 1-15 Ltd., 37%c 4-30 50c 4-10 7-31 7-10 2- 37%c 37%c (quar.) (quar.) 1-15 1 $20c 2- 1 1- 2 ilOc 2- 1 1- 2 $31 (4c 2- 1 1- 2 $37%c 2- 1 1- 2 common Extra ,1-30 1-22 1-20 Power convertible 6% 1 2-19 1-30 He convertible York 2- 25c 11c (monthly) Machinery (quar.) Shoe 57c preferred (quar.) 2- 1 1-12 67c preferred (quar.) 4-10 3-20 ♦Transfer 2- tPayable in U. S. Funds, less 157c Canadian non-residents' tax. tPayable in Canadian Funds, tax deductible at the source. Non 1 ._ 6% preferred (quar.) (extra) _ 1- 4 2- 1 1- 4 *25c 4- 1 3-15 $1 (quar.) Corp. 1-12 37Vic :_ Co Corp., 1 , Co.— (quar.) preferred 2- 62%c Canal com. S. 67c 12-15 1 2- 6c (extra) preferred (quar.) Finishing Co., common 6% 1-25 20c $2.50 7- U. 1-15 1-25 15c Railroad Jersey 4- 25c 3-17 1 2-10 25c New 4- 20c (quar.) (stock B A Class B United 25c (quar.) & 2-15 6 class Drill & Tool class 15c preferred Stouffer 1 3- 35c Ltd., Quarterly prior Container 3- 50c (quar.) (extra)— United 3-15 4- Inc.— (quar.) Common 1 56c 4 1-11 Fund— investment Corps., 1- 2-10 ' & 2- 8 15c 4.447e $3.70 $1 92%c 2-15 1-15 2-1 2-1 (quar.) 1-15 2-10 (quar.) Electric Worcester 2-15 ___— Ltd. 1-30 45c Extra $1.12% (quar.) 1-15 $2 Grocery Co. Dessauer 1-29 $4 preferred 5 $1.06(4 preferred (quar.) 50c 5 2- $l.l2'/2 (quar.) Co. Lovett Wisconsin 1 1-30 65c (quar.) 1- 62%c (quar.) (quar.) Securities Monthly Monthly 1 2- Oil & il5c (quar.) & 7-16 1-20 30e Motor $10c A A Tablet 4-16 35c (quar.)_ common 2 1-15 White 12 %c Brock, preferred 3 8- 37Vic 2 5- 37%c 57c 1-15 2- 37%c convertible preferred (quar.) Co., com., (stock dividend) Sewing Machine Corp.— $2 prior pref. (quar.)__ 1-11 10% of (quar.) 1-7 1 1 1-11 . Co. 1 912- $1.14 (quar.) Electric 12-28 (accum.) preferred 17Vic Y.) 1-21 5%% (quar.) Corp. 5% 2-16 (quar.) Co. of Nevada Trust & A preferred 2-16 dividend Co. 2-19 2% 1 preferred Insurance class 5% 16% . (quar.) com. 2 Westminster Paper, Ltd., class A (quar.)____ Wheeling & Lake Erie Ry., common (quar.) 47> prior lien (quar.) Whirlpool Corp.— 9-10 1-21 1 3- pfd. (quar.)_____ Inc. (quar.) Pictures, convertible Western 13%% (final) (final) preferred Tonopali Mining 6- 1-15 2- Engineering Co Kentucky Coal Co. (reduced quar.) $1.06(4 deferred preferred Bros. Western Pacific RR. Co., Ltd.— 9-10 dep. (quar.) West . 2-21 12-10 50c 6-10 Toledo 6-10 50c 50c 3 1-29 (quar.) 1-11 3- 1-15 Detinning Co.. 7% Western Quarterly Products Export 1 1 from Wellman 1-29 2- 2- 60c 4Vic preferred preferred $4.50 Angeles) 50c Quarterly Tobacco 2-15 60c preferred Trust & 6% preferred $2.50 (quar.) 1-15 (quar.) Washington Gas Light Co., $4.52 preferred (quar.) 8 2-15 1 capital gains Warren Brothers Co., Co.— pref. conv. 1 1 2- $2 and Railway, Warner (quar.) 3- Corp. 6% $1 $1.14 preferred $4 1-14 $1.06(4 12%c of America (quar.) Instrument (stock dividend) Vulcan 1 1 (s-a) Virginian 1-31 35c 2- 10c (quar.)__ Victoreen 8 Holders Payable of Rec, 10c pfd. income Camp Sea Food Co. $30c Stanley Stop & earned 6% 1- 2- 3-10 Stangg (William J.) Co. (s-a)_ 5% 1 2-15 Amer. (quar.) 2- 12-22 3-15 Amer. deposit receipts ordinary Special Vanadium (quar.) com. (quar.) common preferred realized Van 2-11 1-15 ___________ 1 5 1 25c 1-15 Standard Products Co. Stone 1-30 $56(4c 2- 1- 1-22 Co., Co., 4(4% Fund— from 2- held ; Tobacco Securities Trust (quar.) 2-15 5 2% 1 Light, 1 (quar.) 2- 2-15 5%c When Share Tobacco Corp., conv. Value Line dividend) share (quar.) 1 (quar.) pfd. (special) 20c 25c 70c 40c 12%c J.) 4%% 1-11 1-11 1-20 2-11 10c preferred (N. Ltd., 1-31 1-20 Corp.— 10c Insurance Fuel 5% Chemical 15c Dredging, Fire - & 2- .- Standard 10% 12 %c 1-30 10c Standard Stern each 2- Cement Standard - (stock for 56(4c Additional Standard 1-15 Inc.— (quar.) Additional $4 $5c 10c Portland Valspar 1-11 $1.08 5c preferred Additional Standard 1-20 1 2-15 30c (quar.) common 1-15 1 Quarterly (quar.) convertible Spokane 2-15 2- $1.20 Special Investments & Securities, . Title Electric— (quar.)_ Diug, 1 2- Quarterly Common Southern Fund share preferred $2.40 Ltd.— Co., Pictures 2- split preferred Thatcher 5 Thermoid _______________ Power Universal 65c $1.12% dividend Power $4.84 1-5 1 Petroleum— (quar.) Canada Texas 1-30 4.56% —__ Leaf (quar.) Common Co.— (quar.) Universal Texas-Illinois Natural Gas Pipe Line— 1-99 (quar.) 2-1 Products Common Stock $25c preferred additional Tennessee Ltd.— 50c Co., preferred Southern 2-1 1-20 preferred A (quar.) Gold Mines, Ltd effect to 12-28 Per Name of Company 1 Hughes One 1-15 < +50c 4.56% * 1-15 1 1-27 50c (quar.) 6% 1 2- t20c __________ preferred » 2- $1.50 —___ (quar.) '4.48% Southern Tech (quar.i Southern California • 1- 8 1-15 50c ______ Paper Mills, (quar.) preferred Solar 1 1 ,___ Corp. 4.32% 2- 2- (Quebec) Ltd Co., 1-12 1-8 Holders 2- (quar.) t25c (quar.) • common (quar.) Ltd. O.) Common - preferred 1 When Payable of Rec. 25c Co., $25c — Ltd. 2- (quar.) 4'/2% preferred A (quar.) Sunbeam Corp. (stock dividend Sunrise Supermarkets Corp. (quar.) Super Mold Corp. of Calif, (quar.) Superior Steel Corp. (quar.) Tampa Electric Co., common (quar.) 1-15 2-1 15c preferred Oil Sun 8 2-25 t35c __ Extra Shirriff's, 2- Co.— iquar.) Sheraton "Common Nq,me6fsQqmpany convertible pre¬ issue called for redemption $1.72 Co., dividend) Shawimgan Water & Power -Common Payable oj Rec. Share 47 4- books resident tax 1 3-15 a 10c 1-20 1-10 xLess 75c 2- 1 1-15 y Corrected 1-24 12-23 Previous 50c Less British not closed for this dividend. 157c; resident tax 77c. income Jamaica tax. income payment published tax. or holders dates of were record dates incorrect. are - reported here. - . ,jr STATE AND CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS was (State of) Local Borrowing to Finance In¬ dustry Development Voters — rejected Rejected proposed Constitution which would Alabama permit municipalities in Franklin County to issue bonds and levy taxes in order to aid private enterprise. Dr. cial Hallie Farmer, head of So¬ Science Division Alabama at College, whose analyses of pro¬ legislative and constitu¬ tional measures are widely read and highly respected, said: "This posed amendment is based business and which the on sumption that there is in Voters their money will inevitably succeed. There is little in the his¬ of past experiments of this County State are mul¬ tiplied records of failure." Various communities in Ala¬ bama have been unusually active in seeking plants, warehouses and sales offices to take the Southeast's and economy erable success. movement the at advantage of rapidly expanding have had consid¬ Leaders expressed defeat in this satisfaction of the amendment, believing that there is an element of unsoundness which sought are in enterprises on the basis of .governmental bodies assuming the function of private competitive enterprise. The expressed opposition did the of Franklin to Mobile), Bond Clerk and Offering to (CST) as the C. E. — Board of Doody, Revenue Commissioners, on 1 Feb. 9, road Dec. from Bonds will to 1955 thereafter issue of $4,- an and 1, 1953. bridge 1 bonds. Due on Dec. in callable are inclusive. 1979 maturing 1964 and of Dec. as 1, 1963. Principal and interest (J-D) payable at the Chemical Bank & Trust Co., New York City; First National Bank of Mo¬ bile; Merchants National Bank of Mobile, or at the American Na¬ tional Bank & Trust Co., Mobile. Legality approved by White, Bradley, Arant, All & Rose, of Birmingham. Warrant Offering—Arthur Jr., President School ceive sealed (CST) on the bids !jan. School from to will 11 of re¬ a.m. of issue. Principal and interest payable at the Bankers Trust Co., for the pur¬ County Special Tax Due 1973 warrants. on March inclusive. Callable after 10 years from date & Wells, Inc., of New York; Kaiser 100.001, a net interest cost of about Co., of San Francisco Thomas 1.932%, as follows: ~ New York City. & Co., of Pittsburgh; Raffensper$15,200,000 2s. Due on Feb. 1 from ger, Hughes & Co., of Indianapo¬ 1956 to 1962 inclusive. ARIZONA lis; Shelby Cullom Davis & Co., 9,700,000 l%s. Due on Feb. 1 from of New York; Townsend, Dabney 1963 to 1966 inclusive. Glendale, Ariz. Bond Offering—Elton A. Kirby, & Tyson, of Boston; Soden Invest¬ 22,200,000 2s. Due on Feb. 1 from ment Co., of Kansas City; Tyler & 1967 to 1970 inclusive. City Clerk, will receive sealed bids until 7:30 p.m. (MST) on Feb. 2 Co., of Boston; J. M. Dain & Co., 2,900,000 2s. Due on Feb. 1 from of Minneapolis; R. H. Johnson & for the purchase of $200,000 water 1971 to 1974 inclusive. works improvement and exten¬ Co., Herbert J. Sims & Co., both of 2,900,000 l%s. Due on Feb. 1, New York; Walter, Woody & Heision bonds. Dated Feb. 1, 1954. Due 1975. merdinger, of Cincinnati; John on Feb. 1 from 1955 to 1974 in¬ Other members of the syndicate '< Small & Co., of New York; Peters, clusive. Principal and interest include: First National Bank of Writer & Christensen, of Denver; (F-A) payable at the City Treas¬ New York; J. P. Morgan & Co., In¬ and Ellis & Co., of Cincinnati. urer's office. Legality approved corporated; Smith, Barney & Co.; by Gust, Rosenfeld, Divelbess & Lehman Brothers; Chemical Bank ARKANSAS Robiiiette, of Phoenix. & Trust Company; Kidder, PeaLittle Rock, Ark. body & Co.; Continental Illinois Salt River Project Agricultural and Bank & Trust Company of Chicago; Bond Sale—The $120,000 public Improvement and Power District library bonds offered Jan. 11—v. Blair, Rollins & Co. Incorporated; (P. O. Phoenix), Ariz. & $5,000,000 elec¬ 179, p. 147—were awarded to Hill, plant revenue Crawford & Lanford, Inc., of Lit¬ (Corporate Issue No. 6) bonds of¬ tle Rock, as IV2S, at 100.02, a basis fered Jan. 12—v. 178, p. 2523— of about 1.49%. were awarded to a group headed Bond Sale—The tric generating CALIFORNIA by Shields & Co., New York City, at 100.11, about a 3.49%, net as interest follows: cost of inclusive. 1,070,000 3V4s. Due from 1964 to 1972 inclusive. 1973 to inclusive. The bonds mature semi-annual¬ ly coupons 1964 to on bonds 1972, at %% 1954 to July 1, 1955; maturing in 1973 to from The enr supplemental maturing in from July 1, and on bonds 1982, at Vz % July 1, 1955. Jan. 1 and July 1. on tire issue will carry July 1, 1954 to members of the group: Eastman, Dillon & Co., Coffin & Burr, Ira Haupt & Co., Roosevelt & Cross, all of New York; Henry Dahlberg & Co., of Tucson; Tripp & Co., of New York; Field, Rich¬ ards & Co., of Cleveland; Andrews County, Calif. Bond son, Offering—Harry L. Alli¬ County Clerk, will receive The First National ton; Bank; Stone Bank of Bos¬ The Philadelphia National Eastman, Dillon & Co.; & Webster Securities Cor-; poration; Phelps, Fenn & Co.; White, Weld & Co.; R. W. Pressprich & Co.; Paine, Webber, Jack¬ son & Curtis; Shields & Company; American Securities Corporation; Alex. Brown & Sons; Dominick & Dominick; Hallgarten & Co.; Hemphill, Noyes & Co.; Lee Hig(PST) ginson Corporation; F; S. Moseley on Jan. 11 for the purchase of $72,& Co.; National State Bank; L. F. 000 building bonds. Dated Jan. Rothschild & Co.; Stroud & Com¬ 15, 1954. Due on Jan. 15 from pany; Braun, Bosworth & Co.; 1955 to 1961 inclusive. Principal Dick & Merle-Smith; Estabrook and interest (J-J) payable at the & Co.; County Treasurer's office. Le¬ Hornblower & Weeks; Kean, gality approved by O'Melveny & Taylor & Co.; Lawrence M. Marks Myers, of Los Angeles. & Co.; Aubrey G. Lanston & Co.; California (State of) Tucker, Anthony & Co.; Bacon, Stevenson & Co.; Baxter, Williams Bond Sale The $50,000,000 veterans' loan bonds offered Jan. & Co.; Carl M. Loeb, Rhoades & Commerce Trust Company; 13—v. 178, p. 2355—were awarded Co.; to a group composed of the Bank¬ Francis I. duPont & Co.; Eldredge & Co.; Geo. B. Gibbons & Comers Trust Co., New York City, First National Bank of Chicago, pany; Hirsch & Co.; W. E. Hutton & Co.; and Schoellkopf, Hutton and Halsey, Stuart & Co. Inc., & Pomeroy, Inc. New York City, at a price of sealed bids Bernardino 3,595,000 3V2s. Due from 1982 Barstow Union School District, San Bernardino $335,000 4s. Due from 1960 to 1963 Other 1, 1953. 1965 Smith, Board until 26 of $600,000 Dated Dec. 1 of Commissioners, Public throughout (P. O. Ala. sell at public auction at 10:30 a.m. chase the amendment, voters the of Road County themselves strongly in proposed consti¬ a Mobile County / voters the throughout the as municipalities in the issue bonds and levy taxes in order to aid private en¬ terprise. Further details appear in the item above captioned "Ala¬ bama, State of." County Dated there Enter¬ in permit 280,000 success well as rejected pressions, bad management, fraud and corruption have affected such enterprises in the past. For every of Reject tutional amendment which would kind to encourage this belief. De¬ record O. Ala. "Private Financing—Voters prise" as¬ municipalities in- (P. County Russellville), that the enterprises these evidently legis¬ courtesy. Franklin risk in no yest tory lative by amendment of amendment submitted by reason of ^he voters of Alabama a the to The state. ALABAMA Alabama at his until office 11 in San a.m. — • 48 The Commercial and Financial Chronicle...Monday, January 18, 1954. (248) CaIpella School District, Mendocino County, Calif. -will chase — received be (PST) bids Sealed until 2 Offering Bond Valley School District, County, Calif. Sale—The build¬ $82,000 12—v. 179, p. 50—were awarded to Dean Wit¬ ter & Co., of San Francisco, at 100.012, a net interest cost of about follows: as $62,000 3V4S. Due on March 1 from 1955 to 1974 inclusive. & Sale—The Bond District, were Na¬ Angeles, as 3Vis, at 3.20%. 100.32, basis of about a 50—were 1954 to mature and 1955 1 Feb. on *Chino Unified School District, & San bonds Jan. dated are and mature 011 15, Jan. 15 from inclusive. Principal and interest (J-D) payable at the to 1955 1979 Treasurer's office. Le¬ gality approved by O'Melveny & Myers, of Los Angeles. County Fallbrook Union High Sch. Dist., San Due 1956 and Due 1958 from Due 1974 to Jan. on 15 50—were awarded to Schwa-foacher & Co., of San Francisco, Jan. 15 from on the of Oakland. follows: School Alameda County, District, from 20,000 21/2S. Due on Feb. 15, 1979. Hughson School District Stanislaus County, Calif. build¬ Bond Sale—The $126,000 ing bonds offered Jan. 12—v. 179, p. 50—were awarded to a group •composed of the Bank of America National Trust & Savings Association, Dean Witter & Co., Law- Levy & Williams, Kaiser & Stone & Youngberg, all of San Francisco, and C. N. White & .Co., Oakland, at 100.16, a net in¬ terest cost of about 2.93%, as folCo., ; lows: $16,000 4s. Due on Dec. 15 from 1957 1954 to inclusive. 49,000 23/4s. Due on Dec. 15 from 1958 to 1965 inclusive. to Monrovia Los Due on March 1955 to 1959 inclusive. l34s. School City District, Due 1966 to bonds 1954 and 1974 1955 to on Feb. Feb. 1 1, from inclusive. interest the dated are mature and (F-A) Principal payable at County Treasurer's office. ■Mount Diablo Bond school Sale bonds County, Calif. p. 147 America , — The $1,440,000 offered Jan. 12—v. — were National Trust & Sav- ings Association, of San Francis¬ co, at a price of 100.09, a net in¬ terest cost of about 2.60%, as fol¬ lows: . Due on March 15 from 1955 to 1958 inclusive. ,288,000 2s. Due on March 15 from 1959 to 1962 inclusive. 216,000 2V4S. T. 11 the for (PST) a.m. on Jan. 19 purchase of $800,000 as follows: Elementary Due on March from 1963 to 1965 inclusive. the School Dis¬ The bonds dated March are 2% water awarded to a about ■ $700,000 certificates of¬ 179, p. 50—were composed of group Bay Union High Sch. Dist., bonds County, Calif. offered $400,000 build¬ Jan. 12 were Bank 23As, at of 100.50, Los Angeles, as basis of about a 2.72%. The bonds 1954 and 1955 to and mature 1974 dated are Feb. Feb. on 1 1, from County A. both Sale—The $4,000,000 179, 148—were p. The awarded to group composed of the Northern Trust Co., Continental Illinois National Bank & Trust Co., First National Bank, Harris Trust & 1972 awarded to by the Bank of headed National Trust & Sav¬ ings Association, of San Fran¬ cisco, at 100.02, a net interest cost of about 2.70%, as follows: $100,000 234s. Due on Feb. 1 from 1957 to 1960 inclusive. 100,000 2*4s. Due Feb. 1 from 011 75,000 2V2S. gality 2.20%. Cook County School District 73V2 (P. O. Stokie), III. Bond No. Due on from Feb. 150,000 2%s. Due 011 Feb. 1 from 75,000 3s. Due on Feb. 1974 to 1976 inclusive. i 1 from the Illinois 3s. Dated Dec. 1, 1953 Institute (P. Bond bids — until Raymond J will receive 10 a.m. (CST) 011 Jan. 25 for the purchase of $2,280,000 dormitory bonds. Datec Sept. 1, 1953. Due on Sept. 1 from 1956 to 1993 inclusive. Principa and interest (M-S) payable at Continental Illinois Nationa Bank & Trust Co., Chicago. Le¬ gality approved by Dallstream Schiff, Stern & Hardin, of Chi¬ cago. The bonds are secured by various properties and revenues of the St. Institute and issued — to bids pur¬ the New Jan. Union 1, J-J. Bond & 178, City, until 8 will l%s as City p.m. Clerk, bids until 26 for 1954. City sas approved by Charles ' Payne, receive sealed- on Feb. 1 from 195& Bonds maturing are callable^ 1, 1964. Principal and! (F-A) payable at the Treasurer's office. Legality City. Parish, District Bond inclu¬ school 178, * Parishwide School' (P. O. Shreveport), La. Sale bonds — The offered $5,000,000' Jan. 12—v. 2356—were awarded to a syndicate headed by the National p. City Bank of New York, at trust company to be Trauernicht, of St. Louis. City, Kan. will LOUISIANA a designated by the purchaser. Le¬ gality Co., of Kansas: 2s, at par. , Feb. Caddo (J-D) payable at the Illinois State Trust Co., East St. Louis, or at such or and approved by Stinson, Mag, Thom¬ son, McEvers & Fizzell, of Kan¬ sive. Principal and interest other bank 11 10 Due of im¬ a.m. (CST) on Jan. purchase of $1,051,000bonds. Dated Feb. 1, interest Anglim, 1972 $390,000 in 1965 and thereafter as Kan* offered Jan. & to 1969 inclusive. on to a, the funding inclusive. 1954 of j Bond Offering—Howard Jan. 21 for the $300,000 building bonds. Dated Dec. 1, 1953. Due on from Bank 2621—were awarded' p. Bros. tion, will receive sealed bids until 1 bonds Kansas B. Black, Secretary of the Board of Educa¬ Dec. of 2y2s, at 100.11, Sale —The Stern to County School District (P. O. Rural Route No. 2, East St. Louis), III. p.m. (CST) purchase of National as City Sch. District, provement O. East Bond Offering—Harold Bank York. KANSAS Arkansas Le¬ 187 8 National Albany, Ind. Albany, 1955 to Jan. 19 for the purchase 1971 are basis of about 2.48%. Schools, of on. $87,000 munici¬ pal parking bonds offered Jan. 11 v. 179, p. 148 — were awarded Hill School H. (CST) — Clair No. Chase New Legality approved by Chapman & Cutler, of Chicago. of Treasurer, to Hiner, thereafter and City of New Louis), III. sealed R. Bond Sale—The $250,000 building bonds. Dated 1, 1954. Due on Dec. 1 from 1965 Technology Chicago), III. Offering Spaeth, sealed O. of 1959 a 2.29%, Charles by Offering on on Legality approved by Ross, McCord, Ice & Miller, of Indianapolis. Feb. Sale—An issue of $60,000 site purchase bonds was as dated St. Clair County, Signal District No. 181 (P. (CST) (CST) a.m. bids until 2 p.m. 1, •v. receive about 10 Offering—John the at Jan. 1 from 1 from approved Bond until as of April 1, 1959. Prin¬ cipal and interest (A-O) payable- Trauernicht, of St. Louis. St. O. callable were 100.006, Interest Superintendent the 1965 to 1967 inclusive. Oct. Jan. 1 from on are Savings Bank, City National Bank & Trust Co., and American Na¬ tional Bank & Trust Co., all of Chicago, as 2^4 s, at 100.42, a basis 50—were America 8 about on Jan. inclusive. (P. 1, 1954. Due semi-an¬ nually from Oct. 1, 1955 to April 1, 1984 inclusive. Bonds maturing. 1 on County Dated Feb. Sons, Inc., at 6f cost bonds 1954. Due Co., of Chicago, a basis of about. Feb. 3 for the purchase of $3,600,000 sewage works revenue bonds. 1 from follows: as city Sale—The $500,000 water 12—v. & Louis, interest net bids sealed 1969 to 1972 inclusive. building bonds offered Jan. 14— Chicago, system bonds offered Jan. Jan. Edwards St. & Muncie, Ind. from 1 Dec. on offered G. of Dickson Bond inclusive. 180,000 2%s. Due sold to Benjamin & Lang, Inc., of Vallejo, Calif. p. Co., awarded to a group composed of Paine, Webber, Jackson & Curtis, Chicago, Newhard, Cook & Co., and 12—. $500,-anticipation warrants. Dated June 30, 1954. Due in five months. 1 Sale—The $800,000 build¬ bonds Chicago, III. school office. Treasurer's 1968 to 1973 inclusive. 15 ing Ind. School Jan. 25 for the purchase of 000 general fund tax 1955 to 1968 inclusive. ILLINOIS inclusive. Principal interest (F-A) payable at the group 1973 of awarded to the Security-First Na¬ tional Dec. on $620,000 2i/4s. Due 1.67%. Bond S. 2%s, at 101.44, ed County School District (P. O. Belleville), III. 118 Bond Town, $32,005 Warrant Offering—R. T. Combs, County Auditor, will receive seal¬ 1955 to 1966 inclusive. Clair School City Controller, will receive* $625,000 2s. Due St. 1%% Indianapolis), Ind. 11— & group- 2524—were awarded ta» p. Marion $1,125,000 Blair a at 2.73%. follows: 15, v. Bond Sale—The William banks, Sale—The 178, R. Co., Inc., Toledo, R. S. Dickson & Co., of Chicago, at 100.01, a net interest cost of about 2.15%, as 1967 to the Robinson-Humphrey Co., Inc., and cisco. South Co., $4,480,000 179, 11—v. building bonds offered Jan. v. & No. Sale—The revenue fered Jan. 12—v. of interest (M-S) payable at the County Treasurer's office. Legality ap¬ proved by Orrick, Dahlquist, Herrington & Sutcliffe, of San Fran¬ Principal Bond composed 500,000 2V4s. Due Macon, Ga. Certificate Indianapolis Long Beach 148—were awarded to a of the Northern p. The Jan. interest. both of Chicago, Braun, Bosworth March 15 from 1955 to 1974 inclusive. 1954. The — — offered Ind. 148—were awarded to p. of III. building bonds offered Jan. 1974 inclusive. 1955 to from on Sale 11—v. , Warrant Sale School (P. O. 212 Jan. as warrants Finance Home No. group Atlanta, Johnson, Lane, Space & Co., Savannah, Byron Brooke & Co., T. W. Tindall & Co., both of 300,000 Union High School Dis¬ Atlanta, and Cabell Hopkins & trict bonds. Due on March 15 Co., of Columbus, at 101.27, a basis Due trict bonds. and Trust I Chi¬ $800,000 water offered Indianapolis, as Bond Co., Torrington. of of about 1.86%. Co., Rochelle), Brooks suc¬ Co., and A. G. Becker Inc., both of Chicago, l%s, at 100.13, a basis Co., jointly, Principal (J-J) payable at the District I Paasch, bonds, divided $500,000 at Cutler, Sale—The Trust & GEORGIA County Clerk, will receive sealed bids at his office in Martinez, until Payable & (CST) a.m. Rochelle Township High Torrington, Conn. 1954. 10 Ogle, Lee and DeKalb Counties, 179, the 179, p. 50—were awarded to the Continental Illinois National Bank Agency. v. & bonds inclusive. interest Housing Co., Lawson, Levy & Wil¬ liams, H. E. Work & Co., Stone & County, Calif. 1961 to 1964 inclusive. $288 ,000 4Vis., - R. Weeden & Bank & Trust Bond Chicago. Legality by Dallstream, Schiff, Stern & Hardin, of Chicago. The bonds are secured by properties and revenues of the College and issued pursuant to an agreement between the College and the of San Francisco, Harris Trust & Savings Bank, of 4, until 1993 to Trust & Chapman works O. approved group: March 1 from on Offering—W. Bond 179, awarded to a Syndicate headed by the Bank of 179, the of Co., Chicago, (P. Continental Illinois National Bank of $400,000 tax anticipation notes. Dated Jan. 20, 1954. Due on May 1973 inclusive. Costa Bond Unified Sch. Dist., Costa Contra members & College Jan. and 1 March on School Districts, Contra Richmond ing Angeles County, Calif. bonds' offered The Jan. 1 from City Treasurer, will receive sealed and telegraphic bids until 11 a.m. (EST) on Jan. 19 for the purchase Due Los Angeles $300,000 build¬ Jan. 12 were .awarded to the Bank of America National Trust & Savings Associa¬ tion, of San Francisco, as 2V2S, at 101.22, a basis of about 3.68%. • on and INDIANA $350,000 Note Offering—Edwin J. Dowd, from 1960 to 1965 inclusive. Central bids 1956 the District bidder. Legality approved Evansville Water Works Dist. Ind* 25 for the purchase of dormitory bonds. Dated July 1, 1953. Due on July 1 from from 1973 to 1984 inclusive. of 1 from $150,000 2s. inclusive. 1973 Bond Sale—The ing 1 in- cago. Offering—George R. TitTreasurer, will receive on Jan. a 15 from 61,000 3s. Due on Dec. 1966 120,000 2Y[S. Due Other by mutually ac¬ ceptable to the District and the purchaser. Legality approved by Chapman & Cutler, of Chicago. Calif. a net interest cost 1.93%, as follows: 245,000 2s. 280,000 3s. Due on Feb. 15 1962 to 1978 inclusive. . on to cessful Chicago bank a Principal and company sealed 1 from Youngberg, all of San Francisco, Bond Sale—The $575,000 build¬ Kalman & Co., of St. Paul, Hill, ing bonds offered Jan. 12—v. 178, Richards & Co., of San Francisco, and C. N. White & Co., of Oakland. p. 2621—were awarded to Blyth & Co., and Heller, Bruce & Co., CONNECTICUT both of San Francisco, jointly, at 180,000 trust Dec. 1 from 1955 to on accept¬ able interest and Due 1973' inclusive. terest (J-D) payable at a bank or trust company mutually 1956 to 1974 in¬ Principal Bond 1968 inclusive. to 1 from man, Bruce & Unified Piedmont March or from 360,000 21/2s. Due on Jan. 1 from group: 1956 to 1961 inclusive. . Due 2s. 1962 inclusive. members Youngberg, all -$85,000 5s. Due on Feb. 15 from .«on, 1 1969 to 1972 inclusive. Co., Merrill Lynch, Pierce, Fenner & Beane, Heller, Bruce & Co., Lawson, Levy & Jan. 12—v. 179, ing bonds offered p • 210,000 inclusive. 1970 to 200,000 3s. Other in 15 1957. 2%s. 565,000 Jan. on 1954. Feb. 8 for the on $2,673,000 building bonds. Dated March 1, 1954. Due North 1959 to 1961 inclusive. 3s. tion, will receive sealed bids until 7:30 p.m. (CST) on Jan. 28 for the purchase of $4,390,000 school building bonds. Dated March 1, 61 Naperville), III. Due on Jan. 4s. No. of follows: as $125,000 follows: as (CST) purchase net interest cost of about a 90,000 l34s. Due on Jan. about $385,000 build¬ Bond Sale—The at par, as 100.02, 2.38%, Offering—M. G. Englund, Secretary of the Board of Educa¬ Francisco, at of San Association, interest cost of about 2.84% net a 100.01, Calif. County, Diego 178, p. 2523—were awarded to a headed by the Bank of America National Trust & Savings group group a District (M-S) payable at v. geles, and C. N. White & Co., of build¬ 102.38, a basis of about The sani¬ Francisco, as 3s, 2.76%. Trust 1954 to til 8 p.m. clusive. Williams, Kaiser & Co., Stone & of San Francisco, Fred D. Blake & Co., of Los An¬ Calif. to the Bank of Watsonville, Calif. $905,000 Bond Bond Offering—C. E. Meador, Secretary of the Board of Educa¬ tion, will receive sealed bids un¬ on Sale—The Agency. (P. O. Waukegan), III. Co., of Oakland. Bond Winnebago County School District No. 20S (P.O. Rock ford), III. Housing and County, Waukegan City School geles, Heller, Bruce & Co., Lawson, Levy & Williams, Kaiser & Co., Stone & Youngberg, all of San Francisco, and C. N. White Jan. 11 were of America Savings Asso¬ offered awarded ciation, Lake H. Moulton & Co., Co., Dean Witter & Co., J. Barth & Co., Merrill Lynch, Pierce, Fenner & Beane, all of San Francisco, William R. Staats & Co., of Los Angeles, Heller National at Francisco, Security-First National Bank, of Los Angeles, Weeden & Co., J. Barth & Co., Dean Witter & Co., all of San Francisco, Wil¬ liam R. Staats & Co., of Los An¬ & Finance Home between agreement an the Institute and the Co., all of San Blyth Bernardino County, bonds & Dean Witter & Bond Sale—The $245,000 ing San Moulton H. to suant group: 1955 to 1958 inclusive. County Treasurer's office. , awarded 1971 payable at the and interest (F-A) Dist., County, Calif. the Bank of America Trust & Savings Asso¬ National Principal inclusive. 1971 1, from R. the Blyth & Co., ciation, of San Francisco, at 100.05, Feb. dated are Sch. High by $60,000 bonds The Los of Bank Union Bernardino headed of members American Trust Co., tary sewer bonds offered Jan. 12— ing bonds offered Jan. 11—v. 179, awarded to the Security-First tional e: San p. build¬ 12 Jan. Co. Bond Sale—The $825,000 build¬ $50,000 offered bonds & Beane; J. Needles Angeles County, Calif. Los ing School Oak Charter group: Merrill Lynch, Pierce, FcnBarth & Co.; Wil¬ liam R. Staats & Co.; Paine, Web¬ ber, Jackson & Curtis; First of Michigan Corporation; Schwabacher & Co.; Lawson, Levy & Williams; Stone & Youngberg; Redfield & Co.; and C. N. White inclusive. 1979 to the Blyth & Co., Inc.; Harris. Trust and Savings Bank; C. J. Devine & 20,000 3%'s. Due on March 1 from 1975 of members Other ner ing bonds offered Jan. 3.35%, on March 15 from 1969 to 1974 inclusive. < Co.; Alameda Bond 432,000 2%s. Due p.m. 1 for the pur¬ of $43,000 building bonds. Castro Due On March 15 from 1966 to 1968 inclusive. Feb. on Other 216,000 2V2S. net interest cost of about as & $850,000 4s. Due 1 par, 2.48%, follows: on Feb.. 15 from> 1955 to 1958 inclusive. ' ' Number 5291... The Commercial and Financial Chronicle Volume 179 (249) 1,910,000 2,y4s. from 2,240,000 Due 1967 to Other First & York, 15 Feb. on gality 15 Cutler, the of Corp., Trust Merrill Pierce, Lynch, offered & Beane, First National Bank, of Portland, First of Mich¬ igan Corporation, Roosevelt & Cross, F.- S. Smithers & Co., W. Sale—The Jan. tional Bank and cago, Steiner, Rouse & Co., Grant Parish, Ward Seven (P. Montgomery), La. ' Bond Sale—The $35,000 service bonds offered Jan. ' Bond Baton mission Note Rouge Port Com¬ Charles F. — Secretary, will receive sealed bids until 3 p.m. (CST) on Feb. 15 for the purchase of $55,000 series B 1954. Feb.; 15, 1956. Due Boston, notes. Dated Feb. 15, Offering City Philomene — Clerk, will school project bonds. Dated Feb. 1, 1954. Due on Feb. 1 from 1955 to Offering Cancelled—At resolution 26 "Recently the City of Baltimore announced that Jan. 26 the city on would offer for sale rect obligations, storage and ' Taunton, Mass. 148—were awarded receive "Bond given sale counsel of these under facilities Corp. have not favorable opinion a the yet the on bonds, inasmuch contract title as the to terms of the the fulfilled. city1 after contract The had the been Commissioners of to 1974 March inclusive. 1, 1 March from Callable 1, 1955 Fourche Parish Thibodaux), Bond as bonds .offered of composed group a Jan. F. S. Smithers & Co., New York City, J. C. Bradford & Co., Nashville, Ar¬ nold and Crane, of New Orleans. *' Stubbs, Smith & Lombardo, of Birmingham, and Rauscher, Pierce & Co., of Dallas, as 3V4S and 3s, at reflecting par, a net * 10 A. 9 purchase for the (CST) a.m. water and electric Dated 1 Feb. from 1, Poag, on Bond Sale school to Due bonds. 1989 on Feb. inclusive. of Aug. 1, 1954. Prin¬ cipal and interest (F-A) payable at the as Chemical Bank & Co., New York City. Legality ap¬ proved by Chapman & Cutler, of Chicago. Bond Wood- sealed bids until 7:30 p.m. (CST) on Feb. 8 for the purchase of bonds. 1 on public Dated improvement March 1, 1954. Due March 1 from 1956 to 1974 in¬ clusive. Interest M-S. Legality ap¬ Foley, Cox & JudeR, by proved Bond Helena (P. Secretary will Board, until of 10 School the (CST) School sealed on as bonds. 1955 62,000 to Due bonds, Offering—David Boston Bonds. Dated Feb. April to Due on Jan. 1 5 from inclusive. District on Jan.- No. 1 from 1 the First The bonds Second at are dated are dated National and due the ler, of of of Jan. at 1954. Due sealed on r e d until bonds. sewer 1, 1954. 1964 to bids L. re¬ noon Jan. 20 for/the purchase $80,000 Due on Dated Jan. 1 from inclusive. Principal interest payable at the First Bank approved of by Haverhill, Mass. Sale—The Jan. 13—v. $600,000 179, p. notes 148— awarded to the First Nation¬ Bank of count. to Mc¬ Co., of Detroit. to Due 1972 callable are on Sept. inclusive. of as March 1, Legality approved by Mil¬ Canfield, Paddock & Stone, Joint Boston, at 1.14% dis¬ April 1 from on bonds Sale 1972 inclusive. offered $4,500,000 12—v. 179, p. Jan. O. 149—were awarded to p. a Jaffray group & Hopwood, both of Minneapolis, and Caldwell, Phillips Co., of St. Paul, 011 a bid reflecting a net interest cost of about 3.07%. Clearwater and Polk Joint Counties Indep. Consol. Sch. Dist. No. 25 (P. O. Clearbrook), Minn. Bond Offering Raymond — Thompson, District Clerk, will ceive sealed bids until 3 1936 to 1980 inclusive. re¬ p.m. Bonds ma¬ turing in 1969 and thereafter gality as of Feb. 1, 1968. Briggs, Gil¬ bert, Morton, Kyle & Macartney, and Moody & Springsted, both of St. Paul. call County Indep. Sch. Dist. (P. O. Bricelyn), Minn. 132 for Offering bids Canceled until Jan. Co., New — The for 6 of the celed because of litigation. est cost utility, of follows: Jan. 15 a about series Hennepin 2.70%, $120,000 4s, from 1955 to Jan: 15 from 1965 M Jan. 15 from due to on 1975 in¬ 1976 to 1983 bonds, at follows; Jan. 15 100.02, of cost as about $712,000 from a net 2.71%, 4s, due to 1964 1955 Jan. 15 from 1965 to 1976 inclusive; and $1,365,000 2%s, due on Jan. from 15 1977 Other members Laidlaw & Co., of of the New group: York, National Bank of Commerce, First National Bank, of Seattle, Memphis, Andrews & Wells, Inc., New York, Courts & Co., of Atlanta, Glickenhaus & Lembo, Goodbody & Co., both of New of Thomas & Co., of Pitts¬ burgh, Newburger, Loeb & Co., Talmage & Co., Park, Ryan, Inc., all of New York, Ryan, Hanauer ton & Co., Hanauer of Cleveland, J. offered Jan. building 51—were can¬ posed & Cleveland, Dist. First Northern Trust Illinois Wurts, Co., of Cleveland. Dulles 178, a 2622—• p. com¬ group National Co., National Bank, Continental Bank & Trust Co., all of Chicago, Stroud & Co., Philadelphia, W. H. Morton & Co., New York City, Robert W. Baird & Co., Milwaukee, Burns, Corbett & Pickard, Inc., Chicago, Barret, Fitch, North & Co., of Kansas City, and the American National Bank St. Paul, as 2.20s., at basis of about 2.19%. of 100.08, a Winona and Olmsted Counties Joint Indep. Sch. Dist. No. 60 (P.O. St. Charles), Minn. } Bond Offering—Ralph S. Hau- District gen, sealed bids Jan. on Jan. Clerk, until 26 $225,000 for will 1:30 the building 1, 1954. receive (CST) p.m. purchase bonds. Due callable cipal of Jan. as Bonds 1, 1969. interest and of Dated Jan. 1 from on ma¬ turing in 1970 and thereafter are Prin¬ payable at a suitable banking institution des¬ ignated by the successful bidder. Legality approved by Dofsey, Colman, Barker, Scott & Barber, of Minneapolis. No. 142 MISSISSIPPI Allan — Bude, Miss. Moir, Bond and Sale—An issue of $39,000 was sold to the First Na¬ bonds 1954. Due on Feb. 1 from 1957 1966 inclusive. Principal and payable at any suitable banking institution designated, by the successful bidder. Legality approved by Dorsey, Colman, interest tional Bank Hennepin County Indep. Sch. Dist. No. 24 (P. O. Robinsdale), clusive. The $1,250,000 building bonds offered Jan. 14— v. 179, p. 51—were awarded to a group composed of Paine, Webber, — Jackson & Curtis, Harriman Rip¬ ley & Co., Inc., A. C. Allyn & Co., Inc., all of Chicago, Kalman & American National Bank, both of St. Paul, and E. J. Presscott & Co., of Minneapolis, at 100.17, a net interest cost of about Co., 2.99%, as 1957 to 1968 Interest approved 1, .PAs as 1954. by M-S. Due Charles Legality & Trauer- nicht, of St. Louis. MISSOURI Kansas Bond City, Mo. Offering—Rollin 1 F. Ag« ard, Director of Finance, will ceive sealed bids until 2 re¬ ip.m. on Jan. 27 for the purchase $4,100,000 Auditorium Plaza Garage revenue bonds. Dated Feb. 1, 1954. Due on Feb. 1, 1984. Callable by lot from sinking fund of not revenues 1959; also from earlier than redeemable Feb. Feb. 1, whole in earlier not revenues any than 1964. Principal and payable at the Commercial Trust Co., Kdnsas City. Legality approved by Stininterest on Jan. 1 from 1, (F^A) Mag, Thomson, McEvers Fizzell, of Kansas City. inclusive. & Maplewood-Richmond Heights (P. O. Maplewood), Sch. Dist. 270,000 3s. Due Jan. 1 from 1969 to Jan. from 1955 to 1969 in¬ son, follows: $490,000 23As. Due 1 (CST) Minnesota Sale pf Memphis, Dated 3s. March on Barker, Scott & Barber, of Minne¬ apolis. St. Louis County, Mo. 1974 inclusive. 490,000 3.10s. Due and to of County Joint Indep. Sch. on $40,000 2V4S. Due on Jan. 1 from 1957 to 1964 inclusive. Sale Bond Jan. 1 from Co., of Newark, Mc1975 to 1984 inclusive. Dougal & Condon, of Chicago, Provident Savings Bank & Trust Norman County Indep. Sch. Dist. Co., of Cincinnati, Shaughnessy No. 8 (P. O. Norman), Minn. & Co., of St. Paul, George K. , Bond Sale—The $100,000 build¬ Baum & Co., of Kansas City, Dqll & Isphording, Inc., of Cin¬ ing bonds offered Jan. 7—v. 179, cinnati, Dreyfus & Co., of New p. 51—were awarded to the Cen¬ tral Republic Co., Chicago, at York, National City Bank, of Cleveland, J. R. Ross & Co., of 100.005, a net interest cost of about Newark, Ross, Borton & Simon, 2.72%, as follows: of $2,250,000 Capi¬ improvement bonds 12—v. awarded were B. & National 2y4s, at 10t).15, as Paul, Minn. tol Approach & Co., of Newark, White-Phillips Co., of Davenport, Ginther, Johns¬ Minnesota Duluth, Bond Sale—The Jan. 20 for the purchase of $100,000 building bonds. Dated Feb. 1, Bond First Securities Company of Chi¬ cago, p. Offering to 1983 inclusive. (P. O. Procter), Minn. basis of about 2.22%. District Clerk, will receive sealed bids until 7:30 p.m. (CST) on to inclusive. interest Bond on 1964 in¬ Piper, Minne¬ (P. O. Bloomington), Minn. as 3,805,000 general public improve¬ ment Consol. net inter¬ clusive; $293,000 2V2s due on $565,000 follows: bonds, at 100.01, to of 1957 to 1978 inclusive. Faribault 179, as awarded Hopwood, Sale—The Bank of a are Le¬ by approved purchase public 53 $50,000 build¬ ing bonds offered Jan. 12—v. 179, p. 149 — were awarded to the on Jan. 26 for the purchase $160,000 building bonds. Dated Feb. 1, 1954. Due on Feb. 1 from callable 1 Bond of bonds—v. City, & St. composed of Allison-Williams Co., Piper, syndicate $695,000 District No. St. Louis County Consol. Sch. Dist. Sale—The $340,000 build¬ a York Jaffray, Maynard), Minn. headed by Ira Haupt & 148—were awarded to 2622—were p. Northern Counties Indep. Sch. Dist. No. 30 Bond The — Sch. Bond Sale—The $620,000 build¬ ing bonds offered Jan. 12—v. 178, No. April 1 from on ing bonds offered Jan. 13—v. 179, Detroit, Mich. Bond York, Offering —M i 1 d Boston. Legal¬ Storey, Thorndike, Palmer & Dodge, of Boston. al 6 Sibley Counties Joint Consolidated (CST) maturing in 1960 and there¬ on Manning, City Treasurer, will were 7 inclusive; $1,728,000 2lks, due 15, 1954 Renville and inclusive. 1961 Chippewa and Renville No. Bos¬ Gloucester, Dated $575,000 build¬ 390,000 21/2s. Due trust Detroit. 15, on Bond offered 1, (J-J) after Gloucester discount. Dated Jan. 15, Jan. 15, 1955. Note or clusive; and $282,000 2%s, due April 1, 1954. The bank also purchased an is¬ sue of $850,000 tuberculosis hos¬ pital maintenance notes at 0.929% ity & 1, 1954. from, 1955 in¬ Jan. Bank to Bank discount. 1955 bank Jan. on on awarded 3 payable at the office of the School Board Trustees, or at a bank to 1955 to bidder. awarded was Sale—The $850,000 tuber¬ National Jan. April interest and a Bond Sale—An issue of $225,000 school site and building bonds culosis hospital maintenance notes offered Jan. 12—v. 179, p. 149— of of as Township Sch. Dist. No. (P. O. Coloma), Mich. County (P. O. Salem), Mass. Jan. Principal and interest callable Coloma Essex (EST) on inclu¬ Legality ap¬ proved by Miller, Canfield, Pad¬ dock & Stone, of Detroit. Legality approved by Ropes, Gray, Best, Coolidge & Rugg, of ceive 1972 maturing in 1965 and are successful National 1.15% De¬ basis (P. O. Buffalo Lake), Minn. $185,000 2%s. Due to be designated by the company ton. 1% to 1958.' Principal premium of $27. a notes Note 1, 1954. Due 1955 (A-O) payable at a 1954 and mature on May 1, 1954. Principal and interest payable at from 19^5 to 1974 inclusive. 1954. the Boston, terest, plus National No. 1, Metropolitan Dist., Mass. of The Lee, p.m. (EST) on Jan. 20 for the purchase of $1,750,000 building Note Sale—The $3,000,000 series notes offered Jan. 8 were A of a Jan. 1 from on 1970 to 1976 inclusive. follows: as . . 35,000 2.90s. Due ing bonds offered Jan. 12—v. 179, apolis, at par, a net interest cost p. 148—were awarded to Halsey, of about 2.81%, as follows: Stuart & Co. Inc., Blyth & Co., $380,000 2.70s. Due on Feb. 1 from both of 1956 to 1971 inclusive. Chicago, and Watling, " Lerchen & Co., Detroit, at par, 240,000 2.90s. Due on Feb. 1 from a net interest cost of about 2.53%, 1972 to 1979 inclusive. Bond W. 8 1958. to Stuart New York City, and Townsend, Dabney & Tyson, of Boston, as 2»/4s. at 100.20, a basis of about 2.22%. L and District 1964 School bonds. 16 follows: School $26,000 bids Feb. for the purchase of $88,000 divided awarded Ripley & Inc., Goldman, Sachs & Co., Hornblower & Weeks, Paine, Webber, Jackson & Curtis, all of Districts Parish receive a.m. 12—v. Haverhill, Mass. Parish O. Greensburg), La. Offering—J. L. Meadows, Bond Jan. Co., 100.01, Bond Sale—The (P. Secretary of the Board of Educa¬ tion, will receive sealed bids until 1 $2,100,000 & at Sheridan, Dayton and Garfield Townships Fractional Sch. Dist. No. 6 (P. O. Fremont), Mich. Bloomfield Hills), Mich. Co., of New Orleans. St offered 50—were p. were yard, City Secretary, will receive $180,000 iy2s, as of about 1.49%. School District No. 2 (P. O. Bonds The — bonds Trust Natchitoches, La. -Offering—W. M. troit, MINNESOTA Dated Feb. group composed of Halsey, & Co. Inc., Harriman Feb. $1,620,000 revenue 1949. 1956 Callable of post¬ Agawam, Mass. Bank City Secretary, will receive sealed bids until MacArthur ower, Jan. 1 from on 1965 to 1969 inclusive. Ken- to MICHIGAN Bloomfield, Troy and West Bloomfield Townships Fractional Donald-Moore awarded Monroe, La. Offering — P. be for MASSACHUSETTS interest cost of about 3.16%. Bond bonds will "The City Solicitor will confer with the bond counsel in the immedite future." 179, fP., O. La. 13—v. 178, p. 2247—were awarded to authorizing these sale of Sale—The $750,000 public improvement 1 of the and Interest M-S. Le¬ 1964. gality /approved by Chapman & Cutler, of Chicago, and McDonald & Buchler, of New Orleans. La offering awarded were — 1962 to thereafter by poned. 20,000 series C bonds. March Hemphill, 2.06%. sive. Bonds sale, $55,000 series A bonds. 110,000 series B bonds. on to Noyes & Co., New York City, as 2.10s, at 100.28, a basis of about be the Due 148 p. 25,000 2%s. Due $600,000 build¬ ing bonds offered Jan. 12—v. 179, Bos¬ Sale—The $200,000 water bonds offered Jan. 12—v. 179, p. shipping, warehouse for the National Can to 000 public improvement bonds, as 1954. the at of Bond $3,200,000 di¬ proceeds follows: dated Bank a meeting on Jan. 14 the Board of City Commissioners rescinded the Finance of the city, therefore, at a meeting on Jan. 14, formally re¬ are 1974 inclusive. Prin¬ Shawmut Boston. scinded the resolution bonds a.m. Legality approved by Storey, Thorndike, Palmer & Dodge, of sealed bids until 7 p.m. (CST) on Feb. 17 for the purchase of $185,- The 40 11 Joseph School District, Mich. Bond Sale—The $300,000 retained Kenner, La. Bond Boston, until Jan. 18 for the purchase on property in question would not be Paasch, will ton. used for construction of (P. O. Port Allen), La. Offering Averill, of of cipal and interest payable Jan. M. 13—v. 178, p. 2622—were awarded to R. T. Henry Dubach, as 33/4S, at par. Greater at 1.187% MARYLAND on Service District of Boston, authorizing the offering of $3,200,000 general obligation bonds to mature seri¬ Hospital ally from 1956 to 1983 inclusive O. —v. 179, p. 148. In this connec¬ tion, John J. Ghinger, City Treas¬ hospital urer, commented as follows: of New Orleans. - p. Second Na¬ Baltimore, Md. drews Treasurer, Bank St., (EST) National Co., Dick & MerleSmith, J. C. Bradford & Co., An- & Wells, Inc., all of New York, The Illinois Company, Sills, Fairman & Harris, both of Chi- notes 148— discount. H. Moulton & /' Water 179, the to St. Florence — Town Shawmut $400,000 12—v. awarded were Offering receive sealed bids at the National Augusta, Me. New of Bond Hubbard. group: Note Nahant, Mass. & Chicago. of Chemical Co., Chapman by approved MAINE Fenner •* b>e specified by the purchaser. Le¬ 1974 inclusive. members Boston Bank Feb. on 1966 inclusive. 2V2s. from , Due 1959 to 49 — The $1,000,000 building bonds offered Jan. 12—v. 178, 2524—were awarded to a p. composed of Harris Trust Savings Bank, Paine, Webber, Jackson & Curtis, both of Chicago, group & City National Bank & Trust Co., Kansas Co., Smith, Louis, of City, H. G. Moore as Cook Newhard, Walker & 2v4s, at about 2.24%. & Co., of all 100.06, a & and Co., St. basis The Commercial and Financial Chronicle 50 St. Dated Dec. 15, Mo. Joseph, Offering—Deane P. Wiley, Bond will receive (CST) on purchase of $853,- Comptroller, City until noon bids sealed Jan. 20 for the Due bonds. on & Trust bonds The 1, Feb. dated Any bonds maturing in City.- Fizzell, of Kansas . Monday, January 18, 1954 . Offering—Caroline Bar- Bond 1954. Due on bonds. Dated Feb. 1, Feb. 1 from 1955 to 1974 inclusive. Principal and interest (F-A) pay¬ able at the Citizens Northern Val¬ ley National Bank of Englewood, Tenafly office. Legality approved & Wood, of by Hawkins, Delafield New York City. New Jersey Offering — ■ Secretary of the Board of Education, will ; receive sealed Freeman ;j S. 7 Education, of Principal inclusive. and interest payable at the Merchants Bank of Cape May.. Le¬ (F-A) by Hawkins, approved gality & Delafield of New York Wood, Jaffray apolis, as City. • • v - j Southold No. 21 School Districts (P. O. Denton), Mont. Sale Bond — The State Land $5,800 purchased Commission school district bonds. (EST), Lihby, Mont. The $20,000 fire Sale Bond 12—v. 178, offered Jan. 2622—were award- p. Yellowstone County 2 of Bank too the First State Libby^as 3s, at par. No. School District build¬ ing bonds offered Jan. 11—v. 178, p. 2525—were awarded to Piper, Jaffray & Hopwood, of Minne¬ apolis, as 2.30s, at 100.33. NEW . , July on 15 from 1955 inclusive. bonds;'-Dated: Due on Dec.- 1 from 4983 -inclusive. Principal payable at the Western New Sale—The Bond Trust kirk | Charlotte — bonds offered Jan. 8—v. 179, p. 51 Education, —were bids until will 2 receive sealed (EST) on Jan. 21 for the purchase of $950,000 building bonds. Dated July 15, Due to p.m. July on 15 from 1954 Principal and payable at the Plainfield Trust Co., Plainfield. Legality approved by Reed, Hoyt, Taylor & Washburn, of New York City. (J-J) Northfield, N. J. No. New York ton, at 1.19% discount. school bonds. First The 1954 12 notes and $300,000 notes awarded to were dated are mature on Jan. Dec. 1 Notes will be authenticated genuineness First and National under advice validity Bank of of Storey, 12, 1954. as by to the Boston, Thorn- dike, Palmer & Dodge, of Boston. Troy School District, N. H. Bond Sale—The $143,000 build¬ Due Oct. on Dated from 1 Oct. 1, 1953. 1954 to 1973 inclusive. Principal and interest payable at the Ventnor (A-O) City National Bank, Ventnor City. Legality & by Hawkins, Wood, of New York City. Paramus School Bond District, N. J. Offering—Otto G. Reich- 149—were awarded to Dwinnell, Harkness & Hill, of Boston, as 2.40s, at 100.63, a basis of about ucation, NEW JERSEY Essex County (P. O. Newark), N. J. Bond Offering—Fred H. Taylor, Cierk of the Board Freeholders, will bids of Chosen will receive sealed bids until 8 p.m. (EST) on Feb. 8 for purchase of $1,065,000 build¬ ing bonds./Dated Sept. 15, 1953. Due on Sept. 15 from 1954 to 1978 inclusive. Principal and interest the 11 receive sealed Legality approved by Reed, Hoyt, Taylor & Washburn, of New York bids until 8 p.m. (EST) on Jan. purchase of $335,000 general obligation building bonds. 21 for the from Principal (M-S) payable at the National Bank, at the Bank of New or New York City. Legality approved by Hawkins, Delafield & Wood, of New York City. York, Mechanicville City Sch. Dist., N. Y. Bond Sale The $1,600,000 City. 179, i p. 51—were awarded to v. of a Goldman, group composed Sachs Co., Harriman Ripley & & Co., Inc., Reynolds & Co., First of Michigan Corp., and Andrews & Wells, Inc., all of New York City, as 2.60s, at 100.02, a Co. Trust Buffalo, a basis of about 1 a e The $2,360,000 — Jan.~ 11— Western New of York, 2.40s, at 100.12, a basis as the of members Other ities 1%% tax subscribed for at par by vari¬ local National Bank of Sayre¬ ville. Legality approved by Haw¬ kins, Delafield & Wood, of New York City. on Dated group: Roosevelt & Cross, Corporation, B. J. Van Ingen & Co., Hornblower & Weeks, R. D. White & Co., Ira Haupt & Co., Wood, Gundy & Co., all New of and York, MacArthur & Kenower, Co., of Detroit. CAROLINA NORTH Cleveland County offered bonds Jan. Shelby), N. C. $65,000 build¬ Stevenson & Co., and George New at York 100.43, Inc., both of City, jointly, as 2.90s, a basis of about 2.86%. $35,000 13/4S. Due New Sale York — The B. Phil¬ to 1955 30,000 2s. 1962 1961 Feb. 1 from on Due inclusive. to Feb. on 1967 179, a group sealed bids until 8:15 p.m. Stuart & Co; (EST) p. Bond Sale—The $45,000 build¬ ing. bonds offered Jan. 11—v. 179; 150-^-were' awarded to' the- First Bank of Gackle,: as 3s, at p. pary; "C V ; V > 7*" * Akron, Ohio Bond Sale—The $2,000,000 Jan. offered bonds sewer trunk 11—v. 2623—were awarded to a headed'1 by the 7:Northerm Trust Co., Chicago, Chemical Bank & Trust Co., New York City, Men* 178, p. group Co., St. Louis, A. C. Co., Chicago, Shearson, Co., New York City, and the Weil, Roth & Irving Co., Hammill, & 2V2S, as : 7-' .. 101.69, at 7u •" ; .*" : • ' • •*, ' a < i Ashland City School District, Ohio Bond Sale: The $1,280,000 — Jan., 12— building bonds offered 51—were awarded to a composed of Glore, Forgan; 179, v. p. group from 1 inclusive. Durham, C., N. Offering—W. E. & Co:, Easter- ling, Secretary of the Local Gov¬ Commission, will receive sealed bids at his office in Raleigh 11 for the 1 Jan. of $2,225,000 system bonds. 1, 1954. Due on Feb. 1985 to 1956 • National City, perger, Hughes & Co., Indianapo¬ lis, Fulton, Reid & Co., Cleveland, Freeman lumbus, of inclusive. & Co., New York City, Co., of Co¬ John B. Joyce & and 2V4S, at 101.27, as basi? '-/'"'f • a about 2.11%. 26 sewer Feb. from on purchase sanitary Dated (EST) a.m. New York City Bank of Cleveland, Raffens- ernment Clay Township Local Sch. Dist. (P. O. Portsmouth), Ohio Bond Offering—Elmer Ble- C. vins, Clerk of the Board of Edu¬ Principal and interest (F-A) pay¬ able in New York City. Legality cation, approved by Mitchell & Pershing, of New York City. the until 150 awarded were — to group a composed of R. S. Dickson & Co., Charlotte, Trust Co., will noon receive ' sealed bids (EST) on Jan. 21 for purchase of $320,000 school building bonds.' Dated Dec. 15, 1953. Haywood County (P. O. Waynesville)i N. C. Bond Sale—The $500,000 school bonds offered Jan. 12—v. 179, p. Due Dec, on from 15 1955 inclusive. 1978 to Principal and (J-D) payable at; the Portsmouth Banking Co., Ports¬ interest mouth. Legality approved by Peck, Shaffer & Williams, of Cin¬ cinnati. 7 t Branch Banking & Wilson, J. Lee Peeler & Cleveland, Ohio . .< Transit Bonds Sold by RFC—A Co., Durham, Vance Securities Corp., Greensboro, and R. S. Hays group 6 veen at par, a net Co., of Durham, interest of cost about 2.74%, as follows: $180,000 7 May Due on 1 from 1964 inclusive. to 1967 inclusive. 1968 to 1972 inclusive. 160,000 l%s. Due 1973 to North on May 1 from Wilkesbloro, N. C. E. until for the tary 1953. to 11 (EST) a.m. on Jan. 19 purchase of $83,000 sani¬ bonds. Dated Dec. 1, Due June on inclusive. 1 from Principal of New York payable to 1974 await preparation of an engineer¬ least two at Columbus, Ohio 179, A. bonds offered 150—were p. a 13—v. to J. Cincinnati, at net interest cost of about follows: as $126,528.24 series street No. 243 improvement, as 2s. bonds, Health and 23,000.00 v $149,- Jan. awarded White & Co., of 1.62%, City. of Bond and Note Sale—The 538.24 100.99, in period a weeks. and Rockingham, N. C. Bond Sale—The $175,000 water bonds offered Jan. 12—v. 179, p. ... reve¬ bonds, due serially inclusive, with the final maturity amounting to $17,300,000. Public offering must 1954 1955 New York City. Legality approved by Reed, Hoyt, Taylor & Washburn, (J-D) block transit 4% require Easter- sewer 1960 Reconstruc¬ ing report, prospectus, etc., com¬ pletion of which is expected to 1980 inclusive. Offering—W. the $28,885,000 first mortgage nue from ♦ from Finance Corporation a tion of 100,000 2%s. Due on May 1 from Bond headed jointly by John NuCo., Chicago, and Dean Witter & Co., San Francisco, has & purchased 6s. 1956 to $4,500,000 150—were awarded to composed of Halsey, v. lips, Borough Clerk, will receive * ' interest Oyster Bay Union Free Sch. Dist. No. 23 (P. O. Massapequa), Bond .,, (P:[ O.iGackleF, N\ D*k. 14 sealed bids at his office in Raleigh con, Co., J&rber? bf'MiriheapbliSc. Logan County, Klundt Sch. Dist, basis of about 2.32%. were — fire 150—were awarded to Ba¬ & proved by Dorsey, Golman, Bark- cantile Trust 13—v. p. Gibbons > ling, Secretary of the Local Gov¬ ernment Commission, will receive 179, B. 1, " 1960. (" RririefpXl ■? and: 'interest payable at aTbanking/institutiba Cincinnati, 13, 1954 and April 29, 1954. Bond house maturing ;7in... ,1970 >nd are callable; as of Jan. thereafter/ Allyn & (P. O. Sale—The 150 Jan. Northport, N. Y. Sale—The $175,000 1954. Due on July from^ 1956, ,toj-T983 "inclusive." 1 Corp., op building bonds offered Jan. 14— Tenafly, N. J. Bond Offering—Edwin due 13. banking institutions Feb-.- purchase, of >1,575,000: £ utility revenue bonds. water First of Michigan 1965 was sealed on the for C. J .Devine & Co., Union Secur¬ ; New York City, N. Y. $30,000,anticipation notes " State 60,000 2V2S. Due on May 1 from Note Sale—An issue of 000 2 er^Scbtfr of about 2.38%. 2.59%. Jan. First 14— ous Sayreville School District, N. J. Bond Offering — Stephen J. Malik, Secretary of the Board of Feb. 1, 1954. Due on Feb. 1 from Education, will receive sealed bids 1955 to 1974 inclusive. Principal until 7:30 p.m. (EST) on Jan. 21 and interest (F-A) the payable at for purchase of $396,000 the United States Trust Co., New building bonds. Dated Sept. 1, York City. Legality approved by 1953. Due on Sept. 1 from 1954 Wood, King & Dawson, of New to 1975 inclusive. Principal and York City. interest (M-S) payable at the Domenice, Secretary of the Board of Education, will receive sealed March. 1 on inclusive. Suffolk Huntington, (M-S) payable at the Fair LawnTrust Co., Fair Lawn. (EST) on Jan. 23 for the purchase of $4,893,000 public improvement bonds. Dated Harrington Park School District, New Jersey Bond Offering — Richard J. and interest Radburn a.m. until Due 1982 to building bonds offered Jan. elt, Secretary of the Board of Ed¬ 2.31%. 1955 O. Kenmmre), N. Y. — ing bonds offered Jan. 14—v. 179, p. on of $620,- approved Delafield (EST) building bonds. Dated March 1954. 1, Mu- E. will receive bids until 2 p.m. Jan. 27 for the purchase the Second National Bank of Bos¬ The — Clerk, District 4 - •' receive a.m.'(CST) bids until 11 178, p.. 2623—were awarded to group headed by the Marine until Offering—Alfred Bond nier, 000 Note Sale (P. O. Lloyd Harbor), 2 ( building bonds offered v. Bond Free Sch. Dist. Union Huntington Offering—George H. Muller, City Clerk, will receive sealed bids until 8 p.m. (EST) on Jan. 19 for the purchase of $76,000 offered Jan. S d o n 100.10, at inclusive. 1968 interest Bond - 2.60s, as I of mutuaUyvacceptable,.totbe;Bdard of City Commissioners and the successful! bidder.7 Legality ap¬ Free-Sch. Dist. Union No. 1 (P. B by Wood, & City. Tonawanda of about 2.59%. basis Principal Legality approved Delafield New York awarded to Halsey, Stuart jointly, City, p.m. payable at the Bank & Trust Co., Fork Hawkins, Inc., and George B. Gibbons Co., I/nc., both of New York a inclusive; 1973 to Mattituck.. & Co. & 2 ville, at 100.02, a net interest cost of about 1.91%, as follows: Sale—The $772,000 school Bond re¬ City Auditor, will awarded to the Equitable Securities (Jorp., Nash¬ (P. O. 1 ~ ^ :; DAKOTA Fargo/N. Dak. V*-. 1954 p. Greenwich), N. Y, It. sealed , No. until bids ' /-• ing bonds offered Jan. 12—v. 179, Fort Edward Central Sch. Haines, Secretary of the Board of HAMPSHIRE Nashua, N. H. Cambridge, Hebron and Argyle, Jackson, will and interest (A-O) Bond North Plctirifield Sch. Dist., N. J. Offering build¬ $30,000 Easton, Clerk, •• Bonds at par. Greenwich, .:; Dated Jan. .1, Co., Dunkirk, as 1 J/zs, Dist. Bond inclusive.; Boiid^bffetfn^ Donald i E. Jan. 19 for the purchase on ing bonds offered Jan. 12—v. 179, p. 51—were awarded to the Dun¬ ity approved by Reed, Hoyt, Tay¬ lor & Washburn, of New York 1953. (P.O. Billings), Mont. Sale—The $400,000 Bond Due 1973 Principal and interest (J-J) payable at the Na¬ tional Bank of Westfield. Legal¬ — truck purchase bonds ed purchase of $350,000 Dated July 15, bonds. V $257,000 building bonds. Dated Jan. 1, 1954. Due on Oct. 1 from North 1, 1953. and interest (J-D) , June 1 from on Dist. of Jam 21 for the purchase: of' City. ,• „ the for building 1966 to 1975 O. Route 25,' District sealed ceive Offering!;— Thomas! C. buildiug (P. Offering— Swahn, Hance, District Clerk, will receive sealed bids until 2 p.mi (EST) on 270JKK> June 1 from on 1962 to 1965 inclusive.- i Mattituck), N. Y. Y. Castile), N. Bond' Free Sch. Union 9 Bond Marine Trust Co: of 1953. 3V4S. County 100,000 2%s.7Due Co., all of New York City, as 3s, at 100.95, a basis of about | Warsaw,* C enter ville? Httme; and Mount Morris Central } Sch. Dist. No. I (P. O. ? 195* to anasquaniN.J. to Fergus 40,000 2M»s. Due & Edgier,; Gainesville, Pike, Wethersfield,( GeneseeFallsy Dec. p.m. 2525—were awarded to Piper, & Hopwood,7of Minne¬ p. Inc., B. J. Van Ingen & Co., Coffin & Burr, Gregory & Son, Tilney Castile, Secretary ' of the will receive sealed bids until 8 p.m. (EST) on ? Jan. 27 for the purchase of $90,000 building bonds. Dated Feb. 1, 1954. Due on Feb. 1 from 1955 to 1972Board j Bond Offering—V. Miller Pres¬ (CST) on Jan. 27 for the purchase of $2,600,000 ton, Borough Clerk, will receive York, Buffalo. Legality approved building bonds. Dated Feb. 1, sealed bids until 8 p.m. (EST) on by .Vandewater, Sykes, Heckler & 1954. Due on Feb, 1 from 1955 to Jan. 25 for the purchase of $46,- Galloway, of New York City. 1973 inclusive. Principal and in¬ 000 sewer bonds.? Dated Feb.! 1, Cplonie (Pr O'.' Albany), N, Y. terest payable at a St. Louis bank 1954. Due on Feb. 1 from 1955 to Bond Sale —-The $745,000 Dis¬ 1977 inclusive. or trust company mutually ac¬ Principal and in¬ trict improvement bonds offered ceptable to the School Board and terest (F-A) payable at the M&nJan. 13,— v. 179, p. 149 — were the purchaser. Legality approved asquan National Bank/ Manasawarded to a group composed of by Charles & Trauernicht, of St. quan. Legality approved by Reed, Blair, Rollins & Co., New York Louis. Hoyt, Taylor & Washburn, of New City, Manufacturers & Traders York City. Trust Co., Buffalo, and Roosevelt MONTANA Mountainside School District, N. J. & Cross, of New York City, as Blaine County, Turner High Sch. Bond Offering—Donald G. Max¬ 2.80s, at 100.04, a basis of about Dist. (P. O. Turner), Mont. well, Secretary of the Board of 2.79%. Bond Sale—The $120,000 build¬ Education, will receive sealed Dunkirk City School District, N. Y. ing bonds offered Jan. 9—v. 178, bids until 8 p.m. (EST) on Jan. until Blair, Rollins & Co., ovia Bank & Trust Co., Winston Gibbons & Co., Inc., Salem, and Courts & Co., Atlanta, Roosevelt & Cross, Bacon, Stev¬ jointly, at par, as follows: 77" enson & Co., Francis I. du Pont $35-,000 2%s. Due on June 1 from & Co., Adams, McEntee & Co., 1955 to 1961; inclusive. " : 7: 2.90%. NEW YORK 7 Sr., Douglass, rere, bids & Trust Co., George *B. NORTH National Dist., Mo. Webster Groves Sch. of improvement general $385,000 purchase the for 26 Jan. on bonds. 77' (P. O. Cape May, R. F. D.) 1965 and thereafter are callable as of Feb. 1, 1964. Principal and inter¬ est (F-A) payable at a bank or trust company designated by the purchaser. Legality approved by Stinson, Mag, Thomson, McEvers & Township School District Bond are Marshall, Caldwell, by City. 1973 inclusive. 1954. Legality ap¬ Co., Closter. 1955 to from 1 Feb. . Principal and interest (J-D) pay¬ able at the Closter National Bank Lower lighting street Due from 1 inclusive. 1955 to 1973 300,000 Feb. on 1953. Due on Dec. to" 1972 inclusive. Trimble & Mitchell, of New York improvement $553,000 street 1954 15'from proved divided as follows: bonds, 000 ". . (250) Center Building bonds, as Fund Safety No. 8 ' 23/4S. 7 Note vSale—The $213,480, street improvement, series No. 128 note3 .offered Inc., Chemical Bank' ,150—were awarded to thev Wach¬ ■» the-same ♦ daywere Volume 179 Number 5291 The Commercial and Financial Chronicle ... (251) ^warded to Sweney Carlwright & for the purchase of $95,000 bonds, noon Co., chase of Columbus, at divided as follows: 1V2S, as basis of about 1.45%.: 100.07, a Dover City School District, Ohio $77,500 sanitary sewerage system and sewage disposal plant bonds. Bond Sale—The bonds 51 $265,000 library Jan. 11—v. 179, p. offered awarded were — Cleveland 2%s, .Corp., 100.21, a at the to 17,500 Cleveland, as basis of about 1955 Local School District, Ohio V Bond Sale—The $155,000 build¬ 150 White awarded were — & of 100.42, 2%s,, at 2.7o'%. Co., a . Clerk were — (EST) of to A.J..V Etna), Ohio „* •••'•• Bond Offering ucation, sealed bids (EST) on Jan. 28 for the purchase of $590,000 school building bonds. Dated Feb. 1, noon, 1954. Due to v1976 Dec. on inclusive. 1 from Squire, 1955 and (J-D) payable at the National Bank of Newark. Park .. inclusive. Sanders Cleveland. Dated 1 approved by Squire, Sanders & Dempsey, of Cleveland. Mingo Junction Exempted Village District, Ohio bonds. Dated Feb. 1, 1954. Due on Swabb, sealed bids until 7 p.m. (CST) on Jan. 18 for the purchase of $100,- of ' . to Breed and Harrison, 2%s, at Inc., of Cincinnati, as 100.85, a basis of about ^.66%. Licking Local Sch. Dist. noon Jan. 28 for the purchase of $590,000 school building bonds. on at the Park National Bank, New¬ ark. Legality approved by Squire, Sanders & Dempsey, of Cleveland. Clerk will receive sealed bids until Van Local School District Bond . Offering Holmes, Clerk Education, of will — of sealed bids'until 8 p.m. (EST) on Jan. 28 for the purchase of $98,000 build¬ ing Due bonds. Dec. on Feb.1 Dated 1 from 1955 1, to 1954. Legality ap¬ Sanders Dempsey, of Cleveland. & proved by 1978 Squire, Van Van Offering—Anna noon Principal Wert D. Mas- eral & (P. O. Petersburg), Ohio Offering—Paul A. Sitler, of the Board of Education, will receive sealed bids until Feb. on for 11 the $252,000 building Due on from 1955 to 1974 inclusive. cipal and interest (J-D) Jan. noon pur¬ bonds. Dec. 1 Prin¬ Co., New York City, interest net 1955 to June 1978 and interest Niles Bank by approved 1 and Dec. 1 inclusive. Principal (J-D) payable at the Co., Niles. Legality Squire, Sanders & Range Local School District (P. O. Sedalia), Ohio Bond Sale—The $148,000 school building bonds offered Jan. 14— 179, p. 150—were awarded to v. J. A. White & about as Co., Inc., of Cincin¬ 2%s, at 100.96, a basis of 2.64%. Bond City School District, Ohio Bond Sale—The $2,200,000 im¬ Rossford, Ohio Offering — Jean 179, —v. to a & ; Bank, Halsey, Stuart Washington Township Local School District (P. O. Centerville), Ohio Jan. 19 purchase of $33,900 sewer improvement bonds. Dated Feb. to inclusive. 1964 interest on (M-N) Nov. 1 from 1955 Principal payable at and the Bond * Sale—The bonds to $435,000 build¬ offered Jan. 8 were a group composed of the Ohio Co., Columbus, McDon¬ ald & Co., Cleveland, and Sweney Cartwright & Co., of .Columbus, from St. Paris, Ohio Bond Offering—Ralph C. Pence, Village Clerk, will receive sealed bids until noon (EST) on Jan. 20 March 1 from on Due 1961 to 2.40s. from as 3s, at Portland. 1968 Due 1969 to City), Bond Sale—The Station equipment — 1974 March 101.87, a basis of about Foster & 178, v. a Television 2623 — 65,000 2V2S. Due Klamath Bond (PST) , Ore. Frank — A. to a 10 group Dated Feb. years from after 15, 1954. Due date one year of issue; from said Principal and interest (F-A) payable at the City Treasurer's Legality approved by Win- free, McCulloch, Shuler & Sayre, of Portland. Lane $100,000 build¬ ing bonds offered Jan. 11—v. 179, 151 p. National States Portland, interest of com¬ awarded 151—were as follows: $1,083,000 road and bridge bonds: $120,000 3s, due 1958; $420,000 in 2s, 1957 due and from 1959 to 1965 inclusive; $300,2V4s, due from 1966 to 1970 inclusive; and $243,000 2.40s, due from 1971 to 1974 inch 1,000,000 Separate School to water 179, p. Foster from $275,000 1966 to 2V4S, due 1970 inclusive; and $230,000 2.40s, 1971 to 1974 inclusive. due a Sweet & from (P. O. Glencoe), Okla. Bond Offering—Walter W. Mc- Collom, the for 26 Elco, Pa. Sale-—The $9,000 ap¬ • Bond street improvement bonds 12—v. 151—were awarded 149, the p. First Roscoe, offered National 4s, at as Jan. Bank of par. PUERTO RICO Rico Bank For Puerto Rico, announced Jan. 15 that the Bank, acting on in and behalf S. of $10,000,000 Portland. (P. O. Tillamook), Ore. $125,000 elec¬ bonds offered Jan. 9 Sale—The Bond tric revenue 2526—were awarded Moody, Inc., of St. 3.40s, at 98, a ba$is of 178, —v. p. Juran to County, People's Utility & Paul, as about 3.52%. Puerto Rico S. W. Bond for the purchase of offered Jan. 12—v. issue whole and on awarded Bank reflecting of a of about 2.60%. to school the Portland, net will in or be part interest First on a cost callable subsequent any turity, at each for in July 1, 1964 on coupon date in inverse order of their ma¬ premium of V2 of 1% a unexpired year part or thereof, providing, however, that the total ceed premium may not ex¬ % of 1%. is presently estimated be on or that about Feb. 3, 1954 and notice of sale will be published at San Juan and at New York 10 tual sale Francis nancial days prior to the ac¬ date. B. Bowen Named Advisor—Guillermo Fi¬ Rod¬ riguez, President of the Govern¬ Development Bank For Puerto Rico, announced Jan. 15 ment the appointment Bowen as Mr. Francis of B. Financial Advisor to the Prior Bowen to . his was appointment, Assistant Vice- President of California Bank, Los specializing in govern¬ ment municipal bonds. of Detroit, Mich., Mr. Bowen attended the University A native Michigan School. ness and Harvard Busi¬ During the war he Air Operations Intelligence and was served. in-Navy Air and awarded two Bronze Stars. He has spent most of his business career the field of municipal finance in also and has had experience in financing of public irrigatiqn districts. Mr. D. as R. Bonniwell, Financial the past ten years 179, p. of improvement dated Jan. 1, series 1952, 1954 and maturing July 1, 1955 to 1974, inclusive. The average ma¬ turity of the issue is 12% years. acted Ferry Road, Portland), Ore. Sale—The $40,000 151—were bid Scholls Honorable Commonwealth public bonds, the Washington County, Raleigh School District No. 95 (P. O. 5707 the Descartes, Secretary of the Treasury of Puerto Rico, would publish a call for bids on an issue of Tillamook of L. Angeles, of (Commonwealth of) To Offer $10,000,000 Bonds — Guillermo Rodriguez, President of the Government Development payable at the City Treasurer's Legality approved by Winfree, McCulloch, Shuler & Sayre, fice of Adrian W. Miller, 202 Peo¬ $38,000 build¬ ing and equipment bonds. purchase of $40,607.22 office. National Jan.- 49 Legality of Harrisburg. er, Bank. until on Cumberland. improvement bonds. Due on April 1 from 1955 to 1964 inclu¬ sive. Principal and interest (A-O) will receive sealed bids at the of¬ (CST) Parker, city bonds p.m. Home, Ore. City Recorder, will receive sealed bids until 8 p.m. (PST) on Jan. 101 2:30 are callable as of Feb. 1, Principal and interest (F-A) payable at -the Cumberland Coun¬ ty National Bank & Trust Co., 1959. as Bond Offering—Jess M. Im¬ due in 1957 and 1958; $385,000 2s, due from 1959 to 1965 in¬ clusive; . 1954 and It 3.95s, at basis of about 3.94%, District provement bonds: $110,000 3s, r Feb. 1, 1984. on the sale date will 12—v. Marshall, of Portland, 100.20, net Ore. $15,000 Jan. offered a of Trust Co., both of Chi¬ cago, City National Bank & Trust Co., Kansas City, Braun, Bosworth & Co., Inc., Toledo, Small-Milbum Co., Wichita, Evan L. Davis, First National Bank & Trust Co., both of Tulsa, and Zahner & Co., of w The bonds': bear, date of Feb. 1,' . 2.72%. about Sale—The Bond bonds the Bank bid reflecting on a cost to awarded were — United Myrtle Creek, posed of the First National Bank. City, 270,000-3%s. Due The County School District No. 76 (P. O. Oakridge), Ore. Bond Sale—The Oklahoma City), Okla. awarded $27,089.59 street improvement Series Nos. 97 to 100 in¬ (P. O. $2,083,000 bonds 12—v. 179, p. 52— > Feb! 1 from on '1967 to 1974 inclusive, Puerto Feb. 8 for the purchase on Superintendent of Schools, will receive sealed bids ples Federal Bldg., Wooster, until Falls, Offering callable of Bond Sale—The Jan. 155,000 3%s. Due 1 from Blackmer, City Police Judge, will Payne County Indep. Sch. Dist. Wayne Local School District (P. O. Wooster), Ohio Bond Offering — Mable Shelly, Clerk of the Board of Education, Jan. on 1961 to 1966 inclusive. were composed : , Feb. 1 from on 1963 to 1966 inclusive. ■ and bonds offered p. 60,000 3Y4S. Due : , 1955 to 1960 inclusive. office. $1,450,000 Tele¬ Oklahoma County No. 1 from Jan. on from '1959 to to $60,000 2V4S. Due date. Okla. group 2s.. Due on Feb. 1 1962 inclusive. *' awarded to follows: clusive. City, First Secu¬ rities Qo. of Kansas, Wichita, Cal¬ vert & Canfield, of Oklahoma City, and Evan L. Davis, of Tulsa. Kansas $125,000 im¬ were — Marshall, of Portland, at basis of about 2.43%, as 100.03, a in inclusive. construction revenue to Northern 2359 p. 1 inclusive. on all of Oklahoma .. The — fol¬ as Feb. 1 from on proved by Rhoads, Sinon & Read¬ bonds, R, J. Edwards, Inc., First National Bank & Trust Co., Honnold & Co., ■ 178, v. 1 Authority (P. O. Oklahoma awarded Sale bonds, revenue 1955 to 1958 inclusive. 60,000 • New Grants Pass, Ore. of March on Oklahoma Educational Jan. 11 by i Winfree, & Sayre, of Legality approved McCullock, Shuler office. V $40,000 23/4s. Due receive sealed bids until 7:30 p.m. 2%s. 612,000 lows: cipal .and ripterset. (J-J.) payable at the City Treasurer's office. a 2.30%, 2.82%. Rossford Savings Bank, Rossford. Legality approved by Squire, Sanders & Dempsey, of Cleveland. 100.04, at about 000 Vascik, for the Due both of Chicago, & Co. Inc., New City, Milwaukee Co., Mil¬ waukee, Hornblower & Weeks, New York City, and Watling, Lerchen & Co., Detroit, as 2V2S, at 102.15, a basis of about 2.32%. ing 1, 1954. awarded composed of the Harris Savings Bank, First Na¬ awarded on 14 York Village Clerk, will receive sealed (EST) offered Jan. 150—were p. group Trust bids until noon bonds provement tional Dempsey, of Cleveland. nati, Warren from of 1957 to 1960 inclusive. 800,000 were on cost $400,000 2s. Due & Dempsey, of Cleveland. com¬ follows: as offered Legal¬ group Peabody & Co., all of New York City, R. J. Edwards, IncJ, Oklahoma City, and Estabrook & ity approved by Squire, Sanders Union Commercial & Sav¬ 52— p. der, payable ings Bank, East Palestine. 179, a 00Q school V p.m.-(PST) on Jan. 18 for purchase of $15^489.96 street : sewer improvement v. bonds. and (F-A) Treasurer's provement bonds offered Jan. 6— & Savings Bank, Chicago, Chase National Bank, Smith, Barney & Co., Kid¬ until Due on posed of Harris Trust at the (EST) on Jan. 28 for the purchase of $1,200,000 build¬ ing bonds. Dated Feb. 1, 1954. (CST) City;- Okla. I to equipment OREGON Principal payable at interest District Cumberland Valley Joint School Authority (P. O. Cumberland), Pa. Bond Sale—A group composed of Eastman, Dillon & Co., New York City, Aspden, Robinson & Co., and C. C. Collings & Co., both of Philadelphia, purchased $585,- until 8 , awarded were teller, Clerk of the Board of Edu¬ cation, will receive sealed bids noon H. receive will 12—v. fighting Feb. 1 from on Legality approved by Townsend, Elliott & Munson, of Philadelphia. follows: as Dated inclusive. 1979 the Bond Offering—Lynn H. McCulley, City Auditor and Police Judge, will receive sealed bids the bonds. Due to Dated Jan..l,i 1954. Due on Jan. 1 from 1955 to 1965 inclusive.: Prin¬ obligation River Park bonds vision Bond of bonds. Sale—The $1,812,000 gen¬ offered the of receive and (CST) purchase of 1965 inclusive. to serially from 1956 to Oklahoma >■ ap¬ Springfield Local School District (EST) Due Bond National Legality Squire, Sanders by Dempsey, of Cleveland. chase Niles City School District, Ohio Bond Education, Wert. Dated Jan. 1, 1954. , of inclusive. proved Clerk Clerk, for fire building 1, 1954. 1955 bonds. Due serially from 1956 Bond (A-O) payable at the the at or Bank, 1977 Principal and interest payable at the First Na¬ tional Bank of Utica. Board on Jan. 27 for the purchase $175,000 building bonds. Dated Feb. 1, 1954. Due on Oct. 1 from to i < 1965 inclusive. (EST) inclusive. (J-D) the Peoples Savings Bank, Van Wert, Board receive of and interest Margaret A. the City Sch. Dist., Ohio Offering—F. E. Shaffer, of 1955 (P. O. R. D. No. 3, Newark), Ohio , Wert Bond City 000,000 clusive* ' Board will Feb. — improvement bonds. Due serially from 1957 to 1971 in¬ | the sealed bids until 8 p.m. (EST) on Jan. 28 for the purchase of $3,- $65,000 water works extension and 10,000 Secretary of Directors, School Josephine EvClerk, will receive 19 ., of the (EST) receive Jan. 18 for the purchase of $100,000 electric light improvement (P. O. Etna), Ohio Offering—Geo. A. Mayer, Board of Education, Bond Clerk H. Newkirk, Okla. Offering r— Pearle Bond bonds. Southwest Bank, Newton electric light system - 1974 inclu¬ Principal and interest (M-N) payable at the Mingo National Legality approved by Squire, Sanders & Dempsey, of Cleveland. will sealed bids until 7 p.m. -• ruff, Dallas, Ore. Newkirk, Okla. Offering — Pear 1 City Clerk, on purchase of $55,- $75,000 bonds, divided OKLAHOMA T Town (CST) bids until 7:30 p.m. Jan. on able at the Cleveland Trust Co., Willoughby. Legality approved by Squire, Sanders & Dempsey, of Cleveland.-. V-'.'.. f the City sealed pay¬ Dempsey, & for the p.m. Allentown School District, Pa. Bond Offering—Louis E. Die- Due serially from 1956 to 1966 inclusive. inclusive. Swabb, ■ Nov.j l from 1955 to Junction. 1964 Sycamore Local Sch. Dist.(P. O. Blue Ash), Ohio Bond Sale—The $575,000 build¬ ing bonds offered Jan. 8 were sive. Mingo to 21 by 7:30 bids 000 park bonds. Dec. on Co., Offering — E. Clayton Dated Feb. 1, 1954. Due on Dec. 1 Clerk of the Board of from 1955 to 1976 inclusive. Prin¬ Education, will receive sealed bids cipal and interest (J-D) payable (EST) on Jan. 28 for the purchase of $500,000 building 1955 from Due Bond Bond noon 1954. Jan. received until ersole, F. Principal and interest (J-D) ' Murray, until 1, be Clerk PENNSYLVANIA Sealed — Waurika, Okla. Martin, Village Fiscal Officer, will receive sealed bids until 7:30 p.m. (EST) on Jan. 19 for the purchase of $26,600 street improvement bonds. Jan. will Okla. Offering Bond Offering O. Willoughby), Offering—G. Skiatook, Bond & Ohio Bond from Savings /JyVf * ap¬ Principal will receive sealed bids until School Willowick (P. awarded * .Legality : Legality Squire, Sanders Dempsey, of Cleveland. by approved by & Legality v Oct. Co., Wooster. proved (A-O) payable at the Bank Ashland. on Principal interest « noon Oct. 1 on 1955 to 1974 inclusive. Prin¬ Trust 000 — will" receive 1978 Ashland " r Geo rge A. Clerk of the Board of Ed¬ Mayer, until ; to Due and interest Licking Local Sch. DisV. (P. O. \ $180,000 building bonds. 1955 Fahey, Clark & Co., of Cleveland, 214s, at 101.14, a basis of about 2-J3;%r •' of Jan. 25 for the purchase on Feb. 1, 1954. -as * of the Board 1, 1954. Due cipal and interest (A-O) payable at, the Commercial Banking & 1 Gibson, Education, will receive sealed bids until awarded . (P. O. John — from Dated , Bond Sale—The $600,000 County Home.'bonds offered Jan. 13—v. 150: Offering Dated Feb. Jan. Savannah), Ohio Bond ' ■> p. dated are School District I Hard in 179, 1974 inclusive. bonds Savannah-Clear Creek-Butler Local Cinicnnati, as basis of about County (P. O. Kenton); Ohio; - ' from 1 liams, of Cincinnati. y, - to plant Dec. tional Bank, St. Paris. Legality ap¬ proved by Peck, Shaffer & Wil¬ J..A. to disposal on 15, 1954. Principal and interest (J-D) payable at the First Central Na¬ ing bonds offered Jan. 12—v. 179, p. Due from 15 inclusive. sewage The Dec. on 1979 bonds. 2.47%. Franklin to 1955 First Due (EST) on Feb. 1 for the pur¬ of $100,000 building bonds. 51 who has Advisor for and who is re¬ the investment bank¬ business, in accordance with his resignation tendered last Sep¬ tember, will remain with the Bank, at their request, until Feb. 15, 1954. turning to ing _ 52 The Commercial and Financial Chronicle... Monday, January 38, 1954 (252) VIRGINIA Trust ISLAND RHODE Co., St. Louis, C. H. Little Co., Jackson, Third National Bank, Nashville, Mid-South Se¬ curities Co., and Clark, Landstreet & Kirkpatrick, both of Nashville, & Providence, R. I. Sale—The Bond $4,050,000 li¬ brary, school, highway and sewer bonds offered Jan. 13—v. 178, p. 2624—were awarded to a 2V4s. as group TEXAS headed by the Chemical Bank & Co., New York City, and Trust Harris Trust Chicago, & Savings Bank, 2%s, at 100.13, as of members the group: Goldman, Sachs & Co., First Na¬ tional Bank, of Portland, Braun, Bosworth & Co., Inc., Kean, Tay¬ lor & Co., of New York, Trust Co. of Georgia, of Atlanta, National Bank, of Newark, W. E. State Hutton & Co., First of Michigan Corporation, both of New York, John Nuveen & Co., of Chicago, G. C. Haas & Co., Hannahs, Ballin & Lee, Offering—Robert Secretary of of about 2.49%. Other Bond basis a Starkweather & Co., all of New York. and building will mature County Indep. Sch. Dist. No. 1 (P. O. Madison), S. Dak. Offering—L. Ericsson, the Board of Education, Clerk of will receive sealed (CST) purchase of p.m. bids Jan. on until 19 2 Dated clusive. Jan. Callable of as Jjuly 1, 1964. Principal and interest (J-J) payable at a banking institution designated by the successful bid¬ der. Legality approved by Danforth & bonds Dec. 31 on callable thereafter and are of Dec. 31, 1973. Prin¬ cipal and interest payable at the as State National Bank, El Paso. Le¬ gality approved by McCall, Parkhurst & be Indep. Sch. Dist., ourchase until of Feb. $10,000,000 the for 5 building Common School District, T exas Sale—The Bond bonds louse $75,000 offered 151—were p. school Jan. about $59,000 2.08%, 2s. from awarded Bond Offering Marable, Commisioner of Finance and Revenue, will receive sealed bid§ until 10 28 for the sewer purchase Due 1^66 as of Dated Jan. Bonds and thereafter Jan. interest Jan. $600,000 on Due Dec. on Due Dec. on Bond 1955 as Due to 1, 1962 1979 improvement Feb. for ing callable from Bids asked for and becoming callable The bonds for bonds Feb. on 1, the at Citizens National Legality approved Elkins, Weems & 1 for the revenue and tax bonds. Dated July 1, 1953. Due on July 1 from 1955 to 1978 inclusive. Bonds Offering—Whit Johnson, City Secretary, will receive sealed bids until 8 p.m. (CST) on Jan. 19 for the purchase of $250,000 City maturing in 1964 Due Dated Jan. on inclusive. 15 from County (P. O. Lawrenceburg), Tenn. Columbia District both Nashville, jointly, at 100.16, interest cost of about a of net 2.81%, as follows: $30,000 Robert Lee 3s. to Due to 1972 25,000 3s. Due from 1 June 1 from on inclusive. June on 25,000 2%s. Due on 1, school 178» p. group the Sale bonds — The offered obligation awarded on as of a Mercantile I I — A 12 syndicate total of $19,266,000 de¬ price of 99.40, as fol¬ a lows: $11,266,000 V/z% to 4% local im¬ debentures. provement Oct. 1 from 1956 plus presently imposed by Can¬ to Due 1972 inclusive. of the payable in respect debentures or interest thereon by owners who are non¬ residents of Canada. Also participating in the offer¬ Bell, Gouinlock & Co., Ltd.; Hornblower & Weeks;-Mills, Bpence & Co.; Burns Bros. & Den-ing are: ton, Inc.; Coffin : & Burr, Inc.; Shearson, Hammill & Co.; Stroud & Co., Inc.; Gregory & Son, Inc.; H. Hentz & Co.; New York Hanseatic Corp.; Swiss American Corp.; F. S. Smithers & Co.; Courts & Co.; McDonald & Co.; Singer, Deane & Scribner; Field Richards & Co.; A. E. Masten & Co.; Piper, Jaffray & Hopwood; Thomas & Co.; Ferris & Co.; Charles King & Co.; Mackall & Coe; Wm. J. Mericka & Co. Inc.; Merrill, Turben & Co.; Townsend, Dabney and Tyson. $265,000 bonds 6 Jan. was to Richards, of Spokane. Peterson, County, Quincy Sch. Dist. 144 (P. O. Ephrata), Wash. No. Bond ing $^50,000 Sale—The bonds Co., of Dallas, Securities Jan. Antonio, from 15 1955 to 1959 inclusive. ^ 271,000 3%s. Due on Jan. 15 from 1960 to 1979 inclusive. The 1954 and bonds and are those thereafter 15, terest dated Jan. maturing in callable are 15, 1970 as of 1969. (J-J) Principal and in¬ payable at the Re¬ Goldendale), build¬ Le¬ ceive (PST) of Due re¬ a.m. 1 from 1956 to Principal and in¬ terest (F-A) payable at the County Treasurer's office. Legality approved by Preston, Thorgrimson & Horowitz, of Seattle. / County (P. O. Tacorna), Washington Bond Sale—The $6,000,000 gen¬ obligation court house bonds eral offered Jan. 12—v. 178, p. 2528— a group headed by Blyth & Co., New York City, were at awarded to 100.12, about interest net a 2.06%, 1956 to 2,100,000 cost of follows: as $1,300,000 4s. Due on Feb. 1 from 1960 inclusive. l%s. 1961 Due to on Feb,; 1 on 1967 inclusive. Feb. 1 from Other members $260,000 awarded of the group: Harris Trust & Savings Bank, of Chicago, Seattle - First National Bank, of Seattle, Phelps, Fenn & Co., of New York, Glore, Forgan & Co., Dean Witter & Co., of San Francisco, Paine, Webber, Jackson McDonald-Moore & Co., of to to dance again. polftj*v^tims making their with maximum recovery today help from the March of Dimes. You make this help possible when you give. De¬ MARCH OF DIMES WISCONSIN jin. revenue bonds offered Jan. v. 12 Farrell, basis of about more troit. ing system as are litti|ljirl helped this More and Curtis, of Chicago, First of Michigan Corporation, of New York, A. G. Becker & Co., Inc., of Chicago, J. C. Bradford & Co., of New York, Hayden, Miller & Co., of Cleveland, Piper, Jaffray & Hopwood, Kalpian & Co., J. M. Dain & Co., all of Minneapolis, Bramhall & Stein, of Seattle, and Madison, Wis. re¬ You & — Harley, a Feb. on inclusive. 1974 Moseley & Co., of Boston, 100.32, 10 general obligation bonds. Dated Feb. 1, building p. at will until Feb. 8 for the purchase on 178, 2.30s, bids $35,000 F. S. 2.26%. (P. O. Wash. Treasurer, sealed awarded 2624—were were 3V4s, at as Bond Sale—The $1,000,000 park¬ Swanton, Vt. The 8 Offering—Mabel M. Gui- County nan, VERMONT — State, District No. 405-17 gality approved by McCall, Parkhurst & Crowe, of Dallas. Sale the to Jan. 1968 to 1974 inclusive. Texas, San follows: on offered Klickitat and Skamania Counties, White Salmon Valley School Indep. Sch. Dist., Texas $24,000 3s. Due Bond 14—v. 2360—were awarded to composed & funding bonds offered Jan. 7—v. $1,041,000 Jan. New County, Dayton School 2 (P. O. Dayton), 2,600,000 2s. Due Columbian of 1973 County (P. O. Blountville), Tenn. Sale No. from R. A. Underwood & June 1, 1974 Sullivan Bond 1971 public National Bank, Dallas. inclusive. 70,000 2%s. Due 1960 June on 1959 to Jan. Bond Sale—An issue of $295,000 school house bonds was sold to Jan. 1954 of UTAH jointly, $150,000 school bonds offered Jan. 12—v. 178, p 2359—were awarded to the Equit¬ able Securities Corp., and Mid- Co., Bond Sale—An issue of of Houston. Corp. Bond Sale—The Co., 1955 as 15, Principal and interest (J-J) payable at the City National Bank of Johnson. Legality approved by Vinson, Elkins, Weems & Searle, and Lawrence Securities 15, 1954. and are callable as of July Principal and interest (J-J) payable at the Third Na¬ tional Bank, Nashville. Legality approved by Chapman & Cutler of Chicago. 1963. South Jan. Callable thereafter 1, & on 1965. sewer Haupt WASHINGTON University Place, Texas bids until (CST) on Feb. purchase of $400,000 Sy :• Stuart & Co. Inc., and Hart, was awarded on bentures at Ira City; R. H. Brooke & Co., Davenport & Co., both of Richmond, as 2s, at 100.08, a basis of about 1.99%. Pierce West Hall bonds. a.m. Halsey, and Bond Franklin, Tenn. Bond Offering — Frank Gray, Jr.,* Mayor, will receive sealed * Feb. 1, Principal and interest (F-A) payable Bank , dated are Bank, Waco. by Vinson, 10 Debenture to a 179, p. group 52 — were composed of Hayden & Co., Bell & both of Madison, and Co., of Milwaukee, as Loewi & 3s, 100.62, at 2.95%. a basis of abolut 2-.1 of option of the City of Mon¬ 102%, non- Searls, of Houston. of about 2.16%. * managed jointly by Shields & Co., a Bond 1955. a Wood, Gundy & York City, and Atlanta, as 2.20s, Oct. & of becom¬ improvement are building bonds offered Jan. 12— v. 178, p. 2359—were awarded to Eldredge & Co., Co., all of New Coqrts & Co., of at 100.32, a basis due Montreal, Que. Savard Feb. 1, 1964. on callable bonds 1954. group composed of the Chemical & Trust Co., Blyth & Co., $5,000,000, 8, 1954, at 2.655%.; Jan. posed non-callable bonds street bonds. Bids 1 inclusive. for and 150,000 and The $1,000,000 was on Jan. 7, as follows: $35,000,000, due April 9, 1954, to yield and obligations Grant follows: on asked are bonds County (P. O. Nashville, — issue sold 1.885%, in direct The debentures will be 1 as a whole or in part, ada will not be $40,000,000 Treasury bills Va. Sale—The $400,000 water at the taxes Sold—An j QUEBEC bonds offered Jan. 13—v. 179, p. 52 were awarded to a group com¬ 1954. Sale of city. are par. Legality approved by Chapman & Cutler, of Chicago. Bond Bills ' ranging from 100% accrued interest. In the opinion of counsel, income' CANADA 2.34%. Merrill sewer bonds. Revenue. Davidson jointly, as basis of about a general 1963. $1,500,000 callable Finance Richmond, 100.01, awarded Chemical Bank & Trust Co., New York City, or at the office of the of Inc., of 2.35s, at bonds, divided Principal and payable at the Commissioner 11—v. 2360—were awarded to the p. bids until 7:30 p.m. (CST) on Jan. 19 for the purchase of $1,650,000 1, 1965. (J-J) Jan. Wachovia Bank & Trust Co., Win¬ ston Salem, and Mason - Hagan, from 1 Bond Offering—Otis W. Dehay, City Secretary, will receive sealed maturing are offered the on in- treal. at prices Canada (Dominion of) Treasury unconditional and 1964 payable are United States funds and to $1,100,000 public- 'd d'" . debentures Due to Washington Waco, Texas Jan. 1 from 1955 on to 1983 inclusive. in of bonds. revenue 1, 1954. (CST) a.m. 178, bonds follows: as TENNESSEE Tenn. — J. Hartwell school The 1954 redeemable 1966 to 1969 inclusive. y from public 3%% to debentures. 1 delusive. awarded 40,000 2*/4s. Due on Feb. 1 from Newport News, Va. Bond Saler-The Oct. Co., & 1955 to 1965 inclusive. York City. New of to 1954 to 1961 inclusive. 16,000 2 y4s. and Clarksville, pay¬ National 52—were p. 3% works Jan. New York City, at 100.10, a net interest cost of about 2.09%, as follows: $110,000 2s'. Due on Feb. 1 from inclusive. Merchants 179, Reynolds Richmond. Legality ap¬ proved by Wood, King & Dgwson, 12—v. Eppler, Guerin & Turner, of Dal¬ las, at 100.03 a net interest cost Danforth, of Sioux Falls. 11—v. to York Seminole 8,000,000 offered Bank, Texas Offering—Sealed bids will bonds. of the at Staunton, received 79, Due on Dec. 1964 to Wis. bonds purpose Crowe, of Dallas. the for $230,000 building 1, 1954. Due July 1 from 1955 to 1969 in¬ bonds. on F. serially 1974 in due able the case, 1, 1953. 1955 31, Dec. from 1954 to 1988 inclusive. Bonds DAKOTA Lake of Trus¬ Dated either In Bond Bond bonds. Houston SOUTH the Board Dec. from Principal and interest (J-D) Jones, tees, will receive sealed bids un¬ til 7 p.m. (CST) on Jan. 20 for the purchase of $200,000 or $220,000 1953. Sale—Strader, Taylor & Co., of Lynchburg, recently pur¬ chased an issue of $600,000 2% general obligation water bonds. Dated Indep. Sch. Dist., Texas rate Bond 1 Clint Rhinelander, Bond Sale—The $150,000 corpo¬ Bedford, Va. IT WIU TAKE MORE IN 54/