Full text of Commercial and Financial Chronicle : January 25, 1954 : General Corporation and Investment News, Vol. 179, No. 5293

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X\C*
vA\t*

5^tSSV\S*^

MONDAY

ISSUE

The Commercial and

Financial Chronicle
Reg. U. 8. Pat. Office

Volume 179

Number 5293

New York 7, N.

General
RAILROAD
Adam

Hat

Sales
—V.

178,

PUBLIC UTILITY

Sales

1954—5 Wks—1953

$1,828,103

_

INDUSTRIAL

-

INSURANCE

-

Off—

Period End. Dec. 31—

As

of

Shares

Net

Dec.

'•

Stock and Bond Quotations

1952

$37.08

New

I

Admiral
This

Corp.—Large Advertising Appropriation—

corporation

appropriation
Mintz,

for

its

announced

1954

has

room

air

Two

had

ever

for

conditioner

$6,500,000

separate

a

appliance

Vice-President-Advertising,

pany

lines.

this

is

the

largest

Boston

advertising

According

to

Seymour
the com-

budget

Exchange

Stock Exchange
Stock

Stock

refrigerator,

electric

freezer,

Cincinnati

Exchange

below.—V.

178,

Stock

Exchange

Pittsburgh
San

of Worcester, Mass.

the

market

for

(Boston), Mass.,

Trimo
75

over

tools

and

will

years,

the St.

to

wrenches,

Stock

Exchange

Stock

Francisco

by

Exchange

stock

common

cumulative

at

the

close

purchase
Jan,

attached

warrants

stock

business

certificates
15,

178,

the

to

expired

1954.—V.

and

20

of

Governors

of

the

The

in his

Netherlands

to

entitled

to

vote,

one

individual

holders.—V.

corporations.

capacity

178,

While

shareholder

no

six

plus

votes

each

cast

may

by

for

proxy

Smooth

«hape

hammered

tool

division,

steels

forgings,

produced

by

Mich.,

Ferncjale,

are

42

Fed.

Stock

Exchange

taxes on inc.

Other

46

Markets

Stock

Exchange

Net

35
35

SEC Index of Stock Prices

absent

adjustable

loading

Northeastern

State

facturing Corp.,

by

the

Detroit,

and

City

Foreign

share¬

Exchange

offered

publicly "as
common

PROCEEDS—The

patent

net

applications,

proceeds

etc.,

BUSINESS—Company
1953.

It

47

and

Corp.,

for

to

are

be

machinery

new

incorporated

was

and

in

$2

of

149,974
share.

per

purchase

for

patents,

working capital.

Delaware

on

June

9,

organized to take over all the rights to patents, patent
products,
processes,
demonstration
units
and
formerly vested in Synchro Electronic Corp., Quantum
predecessor Research Corporation and in various individuals.

The key devices, upon which
the initial success of the company is
primarily based, are the Rava
inventions, namely: The Recurrent

Surge
The
and

Welder,

Arc

company's

exploitation

the

Electric

immediate

Torch

Arc

is

program

the

and

confined

to

Resilient

the

Shell.

development

the Recurrent Surge Arc Welder, the continuance
presently existing 16 KVA Electric Arc Torch, and
with the construction, testing and demonstration of the 50 KVA model

of

tests

for

with

lining

and

Of

Besides

rights

corporation

has

and

also

which

has

which

to

use

light

rights

the

has

rights to

will

a

parts
small

of

jet,

scale

ramjet and rocket motors,
pilot plant for the production

to

weight ramjet and
designs of one, two

manufacturing

been

built

and

rights

test

to

flown

pulse

jet
four

and
for

some

motors,

50

means

af

The

destined

The

the

for

efficient

fuels.—V.

178,

p.

11,717,149

105,843,637

471,086,615

400,178,831

hours.

'

•

T.

I

stock—

124,784,145

,

$2.98

Telephone
tlncludes
all

and

tBased

on

$2.84

$11.61

$11.42

& Telegraph Co. and its principal telephone
proportionate interest in net earnings of West¬
other subsidiaries not consolidated (partly esti¬

average

number

of

shares

outstanding.—V.

179,

101.

Facts,''

a
72-page vestpocket booklet, which this corporation
annually, is just off the press.
The corporation offers the
handbook free to everyone in the trade and to textile

fact-jammed

48

System

students.—V.

178,

2569.

p.

Wheelabrator

&

Equipment

Corp.

—

Ex¬

oil

produced
March

from

by

half

of

taken

the

Wafra

and

by

the

discovered

effort.

the

Pacific

the

in

production

the

Western

from

Oil

holds

Corp.
the

King

five

a

one-

of Saudi

treminal

new

last

Pacific
of

will

be

Two

said,

rigs

this

efficient
In

posals.

are

in

now

of

field

presently

producing

operation

in

and

from

comes

five

15,000

of

excess

production is

wells,

expected to

Mr.

daily.

barrels
be

sub¬

1,500

4,500

to

barrels

high octane gasoline,
The

Wafra
mile

34

a

present

pipeline

145,000

in

miles

field

is

as

and,

This

oil

crude

yields

an

unusually

at
of

the

to

Mina

storage

Additional

the

Abdulla

and

tankage

is

a

the

of

coast

terminal,

submarine

under

Gulf

Persian

by

are

at

there

loading

line

construction.—V.

two

178,

of

Total

net

Shares
Net

Dec.

1953

assets

178,

value
p.

per

938,000

share

do

company's man¬
the company's

favor

issues

and

dispose

less

of

White,

answered
he

the

of

President, said on Jan. 15.
urging support of the company's pro¬
two main objections raised against the

stated,
three

based

was

independent

upon

law

advice of general
consulted. Any

firms

would be "recognized a* such"

he said,

so,

the

effect

the

future

of

the

concern

diversification

development
company

proposed

is

of

purchase

f

capital, Mr. White (
the ability of t)

working

company's

stockholder

whatever

and there¬

about

products is desirabl
our
business."
of

ireferred S|tock
is "no need
npany to finance
ie interest of the

stockholders' approv.
retire the com¬
cost of $10^ >,355; to purchase
and to dispose of 11

asking

pany's $4 prior preference stock at a
its

preferred stock at a cost of $8,985,200;
England mills said to be outmoded.

7%

to an opposition group headed by E. Howard Bennett,
publisher of "America's Textile Reporter," Mr. White said:
interesting to note that on Dec. 24, 1953, soon after the
management's proposals were announced, Mr. Bennett published an
article enthusiastically endorsing the management's proposals against
which he is now seeking proxies."
Referring
and

editor

is

"It

"but

William

to

G.

of

Smith

White

Mr.

group,
we

said

textile manufacturing."—V.

another oppo¬
about him, adding

Trenton, N. J., leader of

he knew
has

he

that

understand

179,

very

had

no

little

experience

in

large-scale

1.

p.

,

1952

American. Wringer Co.,

$21,845,001 $24,883,204

outstanding

asset

—V.

31—

to

to

As

American International Corp.—Assets Show Decline—

W.

this

by

stock

of

stock

"infeasible."

fore

sition

As

two

and

attempt

p. 2297.

It

received

class

preferred

stockholders

market,

open

counsel

New

compared with other Middle East crudes.

connected

barrels

length.

day.

per

Francis
to

White

Mr.

the

The

stantially increased during 1954, with individual wells producing from

mills,

proxies
each

of

the

The decision by the company not to buy up its preferred stocks

plan.

for

the

of

holders

eliminate

letter

a

As

Wafra

90%

from
to

on

the

capable

than

agement

proposal

company.

from

Crude
Davies

More

in

of Proxies Fa¬

Plan—

vor

been

Zone

and

culmination

from

the

has

Neutral

itself

successful

by concession

area

time

first

for

operator

as

marked

same

the

half

that

field,

Independent
This

Corp.
in

reaching market for

now

exploratory

interest

Arabia,

is

American

Oil

177, p. 1149.

American Woolen Co., Inc.—Over 90%

Markets

Japan.

developed

which

Equity Corp. below.—V.

President.

first

heretofore

Western

ramjet
type heli¬

projected but not engineered, 20 place helicopter,
the Berhman gas turbine as a main
power plant, with

more

12,934,994

&

American Viscose Corp.—1954 "Fiber Facts" Published

for American Independent's oil are being
throughout the world, Mr. Davies said.
Many
dependent upon major companies for oil, have
expressed interest in this independent source of supply, he added.

a

producing

3,216,065

"Fiber

place

standard

a

ramjet motors in the rotor tips as auxiliary motors.
The
corporation also ,has rights to a method of producing low
price fuels for helicopters, jets, automobiles, etc. This method involves
the use of low price distillates
and the application of ultrasonics as
«

of

metal.

helicopters,
copter,

as

3,452,397

to
int.

T.

publishes

Of special significance is the fact that
shipment ever made from the oil-rich Middle
oil produced by an independent operator.
initial crude oil cargo, consisting 01 about 92,000 barrels, was

marks

of

heat-affected

the

titanium

411,895,988

mated).
p.

__48

Reserve

Davies,

K.

this
East

the

demonstration

for

Ralph

devices,

assets,
a

484,021,609

change Offer—

years

to

used

109,059,702

Electric Co.

ern

48

Capital Flotations for Month of September-_ 3

refineries

issue

117,529,059

128,236,542

American

48

Payable

Rates

Statement of Member Banks of

Federal

aggressively

an

529,425,039

114,448,873

subsidiaries,

was

applications,
other

speculation"

a

598,470,482

30,374,067

as

256^,

stock (par 10 cents) at

139,433,769

28,337,586

American

Amalgamated Growth Industries, Inc. (N. Y.)—Stock
Offered—R. A. Keppler & Co., Inc., New
York, on Jan. 20
shares of

156,574,128

earnings
share

per

55

Banks

Condition

Ohio, manufacturers of hydraulic
has been appointed exclusive distributors in
Mult-A-Frame Division, Ainsworth Manu¬
p.

income—
deducts-

fConsol.

Redemption Calls and Sinking Fund Notices_48

composite die sections,
and cast-tothis corporation's forging and casting
described in a new booklet produced

177,

467,453,529
61,971,510

A.

Bond Offerings

Dividends Declared

Corp.—New Booklet—

Mich.—V.

66,466,060

Applicable

0

is

Cleveland,

ramps,

Ohio

532,004,422

18,321,592

Applicable to

The Course of Bank Clearings

votes

Manufacturing Corp.—New Distributor—
Inc.,

121,112,177

19,614,911

income

Net

General Corporation & Investment News.Cover

394,625,589
311,130,535

136,959,217

Total

See

Methods

338,771,149

.

inc.-

Co.

share
six

76,974,341

minor,

,

448,051,120

105,038,632

83,289,232

income—

Interest

35

$

$

120,238,750

oper.

tother

35

$

'

taxes

oper.

45

void

handbook outlines forged shapes available, stainless as well
steel, and weight limits, as well as analyses.—V. 178, p. 1665.

Ainsworth

1953—12 Months—1952

3,069,385,713 2,825,500,539

*

The

Rowe

REPORT

EARNINGS

4,388,212,404 3,998,710,192

by that firm.
tool

CONSOLIDATED

1953—3 Months—1952

733,968,096

Combined Condition Statement of Federal

Steel

outstanding.

SYSTEM

1,037,093,246

Transactions New York

2297.

p.

Ludlum

average

$

Reserve

Allegheny

$10.09
on

783,891,869

company's

than

tBased

1,124,379,068

National Quotation Industrial Stock Averages_35

became

ordinary

more

$10.31

$2.45

estimated.

partly

Nov. 30—

Over-the-Counter

Exchange on Jan.
the listing of American depositary receipts for American
representing ordinary shares.
company's ordinary shares have restricted voting rights quite

common

1952,

Oper. expenses

approved

-shares

85,958,551 367,710,000 319,754,772

$2.64

December,

Oper. revenues—

Stock

American

358,493,204

41

Stock

new

Algemene Kunstzijde Unie N. V.—To Be Listed—
Board

57,272,847

93,646,877 421,060,000

111,020,000

94,700,000

for

Period Ended

Miscellaneous Features
The

415,766,051

52,720,000

40

been

the

2089.

p.

473,780,000

14,792,259

share

per

*BELL

39

Exchange

1

number of shares

Transactions American Stock Exchange-.

preferred

of

108,439,136

-

^Figures

39

Toronto Stock Exchange—Curb Section

176, p. 1561.

$3

20,648,371

13,290,000

income

tEarnings

37

Stock

Exchange

Stock

19,300,000

124,310,000

income

6,199,172

39

Affiliated Gas Equipment, Inc.—Warrants Void—
The

26,918,827
368,198,853

Dividends

Dow-Jones Stock and Bond Averages

owners.—V.

28,040,000

4,140,000

Exchange

Pierre Chain

which have

manufactured

be

6,302,759

95,937,205 426,440,000

8,980,000

111,190,000

—

Toronto

Corp.—Sells Trimont Assets—

Manufacturing Co. of Roxbury

income

income

Canadian Stock Exchange

Walter W. Weismann, Chairman of the Board, on Jan. 21 announced
of the operating assets and
all trade-mark rights of the Trimont

in

36

Midwest Stock Exchange

sale

Corp.

4,378,769

income

Net

36

Angeles

Montreal

Aetna Industrial

7,011,000

4,240,000

Interest deductions

36

1873.

p.

9,300,000

on

208,560,000

36

Detroit Stock Exchange

and

range

Aetna Ball & Roller Bearing Co.—Merger—
Parkersburg Rig & Reel Co.

income

Total

__31

55,859,301

operating

Other

27

(Bonds)

73,551,829 283,120,000 283,507,775

54,040,000

taxes

Dividend

15

_

Exchange

Philadelphia-Baltimore

See

(Stocks)

Los

its

lines.

advertising campaigns for refrigerators will get under
he said.—V. 179, p. 101.

April,

York

Stock

American

complete

in

way

has

York

76,560,000

expenses

taxes—

Net

New

$

$

revenues

operating

Other

Page

$41.07

1369.

p.

'

210,765,874
28,750,000
29,508,000
17,770,000
16,315,074

Federal

1953

share

per

178,

Copy

*1953—12 Mos.—1952

$

$

Operating
Operating

$49,019,966 $54,620,581
1,321,980
1,329,880

outstanding

assets

—V.

31—

assets

net

a

Telegraph Co.—Earnings—

n953—3 Mos.—1952

In This Issue

$2,139,475 $13,186,443 $14,120,719

Adams Express Co.—Total Assets Decline—
Total

$1

MISCELLANEOUS

-

American Telephone &

1954—53 Wks.—1953

2473.

p.

Price

Corporation and Investment News

-

Stores Inc.—Current

Period Ended Jan. 2—

Y., Monday, January 25, 1954

(

See

939,000
$26.49

$23.39

13G9.

p.

Woonsocket Rubber &

Plastics Products Co., Inc. below.—-V.

178,

1874.

Anglo-Iranian

1369.

Inc.—Sale of Certain Assets—

Oil

Co.,

Ltd.

—

Unit to Launch Nine

Tankers in 1954—
American Cyanamid Co.—Sells Stock Interest in Poro«el Corp.—See Attapulgus Minerals & Chemicals

Corp.

above.—V. 179, p. 201.

of

the

first

tanker

shipment

company's new terminal on the Persian Gulf,
honor of the
present Ruler
of Kuwait,

4a




of

crude

known
was

as

made

oil

from

Mina

Jan.

this

Abdulla
15

by

Investment

Co.

of

Illinois

—

Stock

Placed

Privately—The company in December completed its sale
of

American Independent Oil Co.—Ships From Kuwait—
Announcement

American

25,000 shares of 5*4% cumulative prior preferred stock

(par $100) to 15 institutional investors through Kidder,

Peabody & Co.
The

company

loans.—V.

178,

p.

Nine

totaling

tankers,

190,000

deadweight tons, will be launched
subsidiary, the British Tanker

during 1954 for this company's shipping

it is announced.
They include three 32,000 tonners,

'

Co.,

_

.

five 16,000 ton tankers and one

addition, three 16,000 ton tankers will be launched
during the year for the Lowland Tanker' Co., in which Anglo-IramaB
holds a partnership.
,(tA
Upon
completion
of its
current building program, the BritttW
Tanker Co.
will have a fleet of some 178 ships, totaling approxi14,000 tonner.

In

_

will

use

2089.

the

proceeds

to

retire

short-term

bank
•

.

[

matAiu

o

*nn

aaa

HAoHwAiorht.

tons.

Tn

addition.

Anglo-Iranian

liM

'wancial Chronicle

The Commercial unA
2

Monday, January 25, 1954

...

(390)

32,000

thirteen

Of

launched in

early

deliveiy

Engineer," are due

"British Merchant" and "British
this year.—V. 178, p. 2089.

1953,

for

Inc., N. Y.

Owners,
From Registration—
Apartment

14 announced that it had issued an order denying
exemption from registration under the Securities
a proposed offering by this corporation of 2,920
.shares of its 5% cumulative preferred stock, $100 par, and 2,920 shares
of its $1 par common stock, to be offered in units consisting of one
share of preferred and one share of common at an offering price of
$101 per unit.
The Commission's order stated that the Commission
has
"reasonable cause to believe that the terms and conditions of
.said Regulation A have not been complied with, in that the notifica¬
tion
on
Form I-A and
the offering circular omit to state material
facts necessary to make
the statements made, in the light of the
circumstances under which they are made, not misleading" and that
use
of the offering circular in connection
with any offering of the
shares to which the notification relates "would operate as a fraud or
deceit upon the offerees thereof."
If requested, a hearing will be held
on
the question whether the order of denial shall be vacated.—V. 179,

Regulation

Act

with

plus

A

respect

Charles

Corp.,

succeeds

He

and has

1931,

that

of

tee

—V.

Armco

E.

A.

elected

been

Emerson, who had been President
Chairman of the Executive Commit¬

Armco's

conducts

for

Net

has

and

business

export

board

Vice

3%%

Definitive

ry.

—V.

Sept.

due

debentures

1962

1,

This

Net
Net

ry.

60,710

50,487

55,589

56,465

From

Gross

3,479,459

3,321,458
1,710,641

3,295,082

2,724,337

1,891,734

Net

ry.

—V.

1,780,387

548,042

railway

railway

from

529,103

556,890

1,379,658
579,311

Beckman

income—

oper.

178,

Co.—Financing Plans--

Atlantic City Electric

President,

England,

L.

B.

21 announced that this company
1954, $5,000,000 of new bonds
Proceeds will be used for con¬
and to repay bank loans.
tentatively scheduled for Feb. 1 with bids expected
Feb. 24.—V. 179, p. 202.

struction program

Registration
to

Jan.

on

is

received

be

on

This

Washington,

statement
its

with

capital

Registers

—

meters that are in greatest demand.

the instru¬

that

Jan.

13

omit

one-half
whollyowned subsidiary of Attapulgus, it was announced on Jan.
19.
Porocel Corp. operates facilities located in Berger, Ark., and pro¬
duces products for the bauxite,
absorbent and catalyst markets. A
long-term bauxite supply contract was concluded by the company with
Porocel

Corp.

met

dividend

consider

to

dividend

of

payment

any

„

a

on

com¬

policy.

for

the

178,

The

be

2194 and 2473.

pp.

American

Co.—V.

Cyanamid

178,

be

of

letter

A

notification

shares

10,000

(estimated
Newark,

of

of

J.—V.

178,

covering

11

offered at the market
than $2.75 per
60 Park Place,

to be

Co. of Pennsylvania—Earnings—

Paul,

$

$

"The

Pa.
and

15,881,418

expenses

2,847,100

18,207,000

26,845,300

1,611,800

operating

taxes—

807,673

639,311

9,141,217

7,670,241

operating

income

3,209,140

2,113,614

2,720,858

1,571,187

31.205,269
25,830,724

23,210,031
17,673,095

after

charges

178,

Benson
See

shares

801

of

stock

common

offered

15

Jan.

Philip Morris & Co. Ltd., Inc. below.—V.

Gas Co.

Union

the basis of

on

Aztec share for each Southern

one

Feb. 8,
used

for

117.801

The
SEC

to

from

proceeds

the

sale

117,801

of

shares

will

company

was
organized under Delaware laws on Jan.
incorporated at the instance of Southern Union
Gas
Co., also a Delaware corporation, of which Aztec has been
a
wholly-owned subsidiary to the date of this offering.

It

1950.

retail

several

As

other

natural

a

incident
1950

to

than

public

gas

communities

55

over

an

prior

years

subsidiaries
and

is

wholesale

or

states.

tiguous

so

Union

Southern
at

was

to

such

in

Mexico

Southern

either

serving

company

New

business

engaged,

had

utility

directly

and

con¬

"Union

for

Oklahoma

oil

gas

certain

producing

gas

oil

certain

and

properties

in

San

Juan

County,

New

production and sale of
petroleum, at the wellhead and on the lease
respectively, with minor sales drip gasoline and other hydrocaibons.
The principal properties, which contist of oil and gas lease interests
related

with

in

located
As

of Nov.

rights in or
a

of

total

and

the

usual

appurtenant

Mexico.

30,

well

equipment,

are

all

1953, Aztec held oil and gas leases (or held operating
rights to acquire oil and gas leases) covering
63,975

gross

acres

of

land.

or

oil.
the

Aztec

lease

acreage

is in the San

Juan

THE COMMERCIAL AND FINANCIAL CHRONICLE

William

Dana

Seibert,

(Telephone STate

post

office

Canada,

NOTE:

On

at

President.

2-0613);

New

York,

$51.00 per year.
account

of




the

1

Published

Drapers'

N.

Y„

twice

Gardens,

under

the

Other Countries,
fluctuations

in

Basin

fields

week

of

175,

Beard

J.

who

Miller

W.

Three

Rivers,

C.

G.

Fred

of

Jones

died

of

Murdoch

new

a

York

New

of

Jan.

Executive

as

N.

on

Mex.,

Vice-President,

Chairman

as

of

the

Mr. Miller, R. S. Shrader,

Los

finance
head

to

owner

Co.

had

the

Board

served

Angeles

of

W.

elected

and

Blakley

A.

members

as

Directors

Executive

as

are

Since

the

of

of

com¬

is

officio

ex

.member

a

Vice-President

of

Braniff

are

Fred

of

Jones,

and

Inc.,

the

Fred

Air¬

Jones

dealerships

in Oklahoma City and Tulsa.
He is
of radio station KFMJ. and the Fred Jones
Tulsa. Mr. Jones is Vice-President of the Julian

of

director

Oklahoma City.

of

the

has been

He

a

First

National

Bank

Braniff director for

&

Trust

many

Co.

years.

and was toimerly
Mid-Contineiit Airlines.

Chairman

merger,

Miller,

dent

of

Mr.

Inc.,

Airlines

until

became

Braniff's

of

Island,

he

Eberstadt,

&

Long

Co., Inc.;

investment

an

of

the

Board

Braniff's new Executive Vice-President,

Mid-Continent

when

merger

rate

oh

Jan.

and

Park

Box

Quality

letter

notification

of

1879/

trust

the

York,

President and

and

-

1952

director

is

co-founder

and

served

as

Presi¬

Braniff-Mid-Continent

Vice-President.

New

William B. Dana Company,

Subscriptions

exohange,

remittance

for

the

with

used

be

168,

additional

establish

to

1252.

p,

2,300

of

letter

a

notification

the

with

class B common stock to
The proceeds are to
and for working capital.

shares of

employees.

to

indebtedness

Offering—A

offer¬

special

102.

p.

of

notification

preferred
&

per

used

be

letter

a

shares of 6%
cumulative
share) through Coffin

($25

to

filed

13

Jan.

on

4,000

bank loan.—V.

to repay

178,

with

stock
Inc.

Burr,

in

United

States,

S.

foreign

subscriptions

and

be
net

2090.

p.

the year

and

the

since

committee

extinguishes

has

all

close

fiscal

the

of

terminated

the

of

its

extended

ended

year

existence,

Martin

the

debt,

Nov.

Straus

creditors

The

reduction

debt

senior

•

includes

notes.—V.

178,
'

the

of 25%

payment

Chairman,

II,

of the outstanding

2570.

p.

.

Water

&

Telephone

Co.—Registers

With

covering

Inc.

Net

.

(par

statement

with

cumulative

of

value

$25

the

SEC

share),

by

Jan.

on

stock,

preferred

per

$1,32

offered
Blyth &

be

to

through an underwriting group headed by
public offering price and underwriting terms are

to be

amendment.

will

proceeds

used

be

by

the

to defray part of the
cost
of
extensions,
additions
and
improvements
to
its
properties
during 1954 and to repay bank loans incurred in pursuance of its con¬
struction

which loans

program,

Construction

178,

expenditures

as of

for

1954

company

Dec. 31,

1953, aggregated $475,000.
to exceed $6,500,000.

expected

are

1775.

p.

W.

Carence,

Chairman,

affiliation

the

organizations:

Calif.,
ated

including

plants

Sacramento
The

in 20

San

states.—V.

177,

President,

Madsen,

of

company

San

Co.,

Fresno,

also

Earl

Jan. 18
bak¬

cn

following

the

Francisco

Oakland,

and

Calif.,

Schnetz'

with

affili¬

Bakeries

group

consists

now

of

located

bakeries

57

1471.

p.

Canadian Breweries Ltd.—To Issue Debentures—A
new

of

issue

434 %

$15,000,000

sinking

fund debentures,

series A,

Ltd.

Denton

&

and

offering

W.

will

debentures

the

be

marks

Pitfield

C.

offered

the

at

&

Ltd.

Co.,

97.50

large

first

to

It

iis

understood

that

yield approximately 4.92%.
public financing in recent

scale

years with optional payment in Canadian or U. S. currency.
Debentures will be non-callable
(except for sinking fund purposes)
for 10 years, will mature in 1979 and will carry a full sinking fund.

of

expansion

issue

the

will

to

program,

be

used

retire

bank

to

provide

funds

indebtedness

and

for

a

for

general

$9,000,000
cor¬

porate purposes.
This

the

is

company

largest

brewing

concern

and

largest

second

producer of malt in Canada and owns over 97% of the stock of Carling
Brewing Co. Inc. (formerly Brewing Corp. of America) which operates
a brewing plant at Cleveland, Ohio.
Present capacity of the company's
wholly-owned brewing subsidiaries in Canada is approximately 2.500,000
barrels

and

of

the

completion of

be increased to

in

barrels

the U.

Important
Dominion

U.

the

S.

subsidiary is approximately

current

expansion

program

1,200,000 barrels.
capacities will

these

approximately 3,000,000 barrels in Canada and 1,800,000
S.

wholly-owned

subsidiaries

Malting Co. Ltd.—V. 178,

include

Victory

Mills

Ltd. and

1370.

p.

— Bond
Offering Oversub¬
System offered publicly $200,000,000 of 20-year 3%% bonds at 99V2 to yield 3.78% to
maturity. The offering was heavily oversubscribed and

14

Rys.

the

the books closed.
Donald

director

National

scribed—On Jan.

would

Gordon,

Chairman and

used

redeem

be

to

President

Feb.

on

l

the

of

the

road,

850,000.000

of

said

proceeds

maturing

director of Chemical -Fund,

of

the

Emerson

Possessions,

Radio

Territories

advertisements

must

in

Calif.

Taggart

Campbell

E.

Modesto;

and

Chico,

I.

this1

Bakeries,

Baking

Joaquin

Visalia

in
and

and

with

Kilpatrick's

payable at the holder's option in Canadian or U. S. funds, is expected
to be offered in Canada shortly by a syndicate headed by Burns Bros.

-

President and

shares

series

sale
The

supplied

registration

a

120,000

convertible

public

Co.,

filed

company

1954,

(Continued

<fc

on

page

8)

Publishers, 25 Park Place, New York 7, N. Y., REctor 2-9570.

U,

the

to

The

Herbert D. Seibert, Editor and Publisher;
111.
the
Pan-American Union, $48.00 per year; in Dominion

[every Thursday (general news and advertising issue) with a statistical issue on Monday.]
Other offices: 135 S. La Salle St., Chicago 3,
C., England, c/o Edwards & Smith, Copyright 1954 by William B. Dana Company.
Reentered as second class matter February 25, 1942, at
3,

both

plant

Co.

the

include

a

filed

13

share)

per

certain

179,

this

E.

March

of

Minn.,

engraving

an

Engraving

to

are

and

Members

of

$55.00 per year.

the

Park

Corp.—Special

Canadian

Ryan, who will head Braniff's executive committee, has been
director of Eraniff Airways since the 1952 Braniff-Mid-Continent

Mr.

Paul,

St.

Prod¬

of

Mr.

of

Paper

announced.

operator

Co.
a

McGill

1953, the company has paid off indebtedness amounting to $210,697.

30,

On

President

is

and

and

an

to $9,000,000.

Co.,

operates

capital. —V.

($20

par

Proceeds

committee

with

it,

1947'.

Broadcasting
Oil

of

automobile

for

also

Arts

with

for

Bymart-Tintair, Inc.—Reduces Debt—

The

10.

Secretary-Treasurer.

Adams,

established

D.

Jones

negotiate

debentures

the

operates

Envelope

to

Graphic

negotiate

to

outstanding

filed

13

proceeds

liquidate

at

During

1222.

p.

and the President
and
Secretary-Treasurer
members of the finance committee.

since

(Reg. U. S. Patent Office)
a

London,

Act

gas

election

the

composed of Mr. Beard,

and

G.

Braniff,

E.

elected

Ryan,

also

of F. .Eberstadt

Most of

of

officio

Fred

After

deducting
the undivided interests held by others, approximately 58,000 net acres
were
so
held.
Each
of
the
leases involved,
with the exception of
leases covering
6,375 net acres, was then productive of either gas

warrants.—V.

their

committees,

Mr.

ways

a

acquisition

F.

Chairman

The

all

'

approximately

and

the

who

mittee.

crude

wells

New

of

dealers

the newly-created position of Chairman of the
Chas. E. Beard of Dallas to the Presidency. Latter

Eberstadl

Co.,

business of Aztec has been the

and

gas

be

to

NASD

share l to

per

announced

13

Thomas

also

board

Dallas

Mexico,

producing properties in Lea County, New Mexico.

The principal

natural

board

The

its

of
of

$1)

(par

to

City
late

Thomas

Ferdinand

through

or

and

the

Vice-President,

ex

of

Jan.

on

improvements.

exercise

Jan.

on

elected

and

The

and

the exploration for and production of natural gas for the supply
utility markets.
Aztec was formed for the primary purpose
taking over from Southern
Union
ownership
and
operation of

the acquisition

the

in

stock

cents

25

pay

Executive Committe,

of

in

directors

succeeds

leases

Aztec,

will

stockholders

Board,

officers

and

Printing Ink Co., the Beissel Co., electrotypers,
Lithograph Co. of Los Angeles.—V. 175,

exceeding

company

proceeds

A

of

Debentures—

firm's

Co.

authorized

subsidiaries

not

covering

offered

ing

With SEC—

Braniff Airways, Inc.—.New President, Etc.—
The

and equipment,

No

company

assist

in¬

Campbell Taggart Associated Bakeries, Inc.—Expands

letter of notification with

a

common

for new construction and

pay

The

The offer, which expires

BUSINESS—Company

12,

to

of

shares

by

15.

12 filed

Jan.

on

14,100

Feb.

on

He

fund

the New York Stock Exchange on Jan. 21 by Kidder,

J.

the SEC
offered for
common stockholders
through warrants which expire
underwriting is involved.
The proceeds will be used

company

subscription

1,900,000

to pay current or oiner liabilities, to acquire
including the drilling and equipping of wells
and the acquisition of oil and gas leases and mineral interests.
by the

property

The

covering

is not underwritten,

PROCEEDS—The
be

shares,

Southern Union and

account of

the account of the Aztec firm.
on

these

Of

held.

share

common

for the

are

on

the

were

Co.

Quality

working

scribed.—V.

178, p. 1566.

Black Hills Power & Light Co.—Files

of this company

(par $1)

at

$3.83 per share to common
stockholders of record Dec. 28, 1953, to Southern Union
were

Sale of

Park

par

at

announced

2,017,-

mutual

Peabody & Co. at $16.75 per share, with a dealer's con¬
cession of 45 cents per share.
It was quickly oversub¬

Hedges, New York—Exchange Offer-

&

the

expected

ing of 30,000 shares of common stock (par $5) was made
on

—V.

2570.

p.

the

as

by

be

to

are

shares of class A common stock (par $1) to be
share through Rambo, Close & Kerner, Inc., Philadel¬

corporation

used

for

$

$

19,041,566 239,153,714 205,620,347
14,676,841 171,961,928 156,533,075

22,745,331

taxes—

—V.

rapidly

another

months.

Western

net

for

covering

14,

income

Net

nature

as

and

owns

Bigelow

and

$5 per

dividend

1953—11 Mos—1952

1953—Month—1952

Operating revenues—

1

Aztec Oil & Gas Co.—Stock Offered—A total of

&

California

Net

Jan.

on

this

of

made
12

_

at

The

in no event less
Chemicals, Inc.,

but

Beech

850.

p.

the SEC

$1)

(par

$3.75,

to

account

the

N.

stock

common

$3.25

at

for

share)

with

filed

was

field
past

Securities and Exchange Commission—

175, p. 413.

below.—V.

Period End. Nov. 30—

Augusta Chemical Co.—Files With SEC—

acquisition

the

of

also

Engraving

operates

Burroughs

5%

Other

1978.

p.

second

investment

presently

Quality

Consolidated

offered

be

Corp.—Proposed Acquisition—

Equity Corp.

Federal

In-

22%

were

quarter

"The cancellation of the T-36
impaired the working capital of

that

work could

paper

Aircraft

Operating

they

Buensod-Stacey, Inc., N. Y. City—Files With SEC—*

stated:

President,
situation

a

Bell Telephone

a

Street

Broad

level

within

Bigelow-McGill

Co.

•

Co.'s

Cyanamid

corporation has purchased American
in the Porocel Corp.,
now
making

the

the

funds

authorized

18

officers

the

corporation

The

Attapulgus Minerals & Chemicals Corp.—Acquisition—
The

interest

raised

this

Buzzards Bay Gas Co.—Files With SEC—

Beech,

voluminous

See

At

covering 20,000

SEC

an

Corp.—Omits Div,—Contract Canceled

to

created

Bell

is

in

grown

the

of

Arts

and

St,

offices

2569.

p.

has

company's

Brown

the
of

1953.

business."—V.

an¬

Board

Budget Plan Corp., Iladdonfield, N. J.—Files With SEC

Beck-

of

handled. These large payments
are
still being delayed on account of the vast amount of paper work
necessary
to their settlement.
"The
management of the corporation hopes that the
difficulties
created by the concellation of the T-36 contract will be eliminated
prior to the end of the present fiscal year, and that during the
present fiscal year some proper adjustment may be made in the
payment of dividends to compensate for the usual quarterly dividend
payments which have been omitted, such as the present one.
It is
felt that 1954
will be a profitable year, as all signs indicate' good

company filed a registration
1954, covering 900,000 shares of

14,

Jan,

on

178,

stock.—jV.

Inc.

Commission—

City/

the

of

fund.

combination

combinations

The

and

1954.

investment

C.,

D.
SEC

the

Fund,

Mutual

Development

Atomic

With Securities and Exchange

all
p.

activities

initial
models

corporation because of large payments withheld by the government

until

plans to issue and sell, early in
151,672 shares of common stock.

and

disclosed

on

was

31,
A.

contract
the

now

O.

Mrs.

2297.

p.

taken
Dec.

mem¬

was

manufacturing operation.

also

directors

The

ended

by

York

it

Corp.,

Chairman

the debenture debt from $7,000,000

owns

Co.,

President.

by Arnold O. Eeckman,

15

Beech Aircraft

action

New

of

manufacturers.

Other

phia,

by establish¬
Germany, it was

Munich,

in

subsidiary

144.937

1—

Jan.

from

Net

mutual

this

out

Jan.

on

the

in

offered

Inc.—Expansion in Europe—

International Sales Division,
with a
European headquarters in Munich, has been formed to sup¬
port
the new manufacturing activity and to stimulate the sale of
all Beckman products internationally.—V. 178, p. 2473.

$265,784

.

also

1,629,489

Company plants in the United States will supply most of
ment parts while the factory is being equipped to carry

1950

$327,126
174,736

income

oper.

1,745,935

spectrophotometers and pH

man

>■

4,035,277

1,569,558

has extended its operations into Europe

Jan.

on

owned

Starr

In-vesting

Randolph,

Bigelow—Plans

Graphic

The

pletely integrated

1951
$300,941
160,616

railway

from

4,152,350

1,671,753

income

Operations
there
are
already under way with
to
assembling and manufacturing several

Bank

1952
$299,556
155,571

railway

from

Gross

9,382,309

devoted

Atlanta & St. Andrews Bay Ry.—Earnings1953

9,953,658
4,281,922

manufacturing

a

Dr.

November—

8,543,555

9,545,189
4,093,177

railway.;—

company

new
announced

for

available

are

72,010

,'

Beckman Instruments,

Debentures

Definitive

—

115,172

322,776
117,771

The

178, p. 2297.

ing

F.

The

mutual

Bigelow-McGill

envelope

1950
$796,959

SEC

1.

p.

1951
$889,389
376,844

199,521
49.392

234,317

1—

oper.

the
-

.

1566.

p.

Co.

of

of

that

178,

Inc.,

ucts,

Ry.—Earnings—

1952
$780,392

$761,693

railway——

from

Net

for

•

company

W.

Street

$37,650,000.

primarily

purchase

holders

The

income

Jan.

Net

subsidiary

the

2,017,801 shs.

,

to

which

&

Engraving

the

of

temporary debentures of the issue at the City
Co., trustee, New York City.—V. 179, p. 201.

for
Trust

Farmers

Co.

Investment

Associates
exchange

3,000,000 shs.

add

directors

the

increase

railway

from

Gross

will succeed Mr. Hook as Chairman
Armco
International.

Solborg has been elected a director of
Chairman of its board of directors.—V. 179,
A.

Robert
and

member

a

as

The

$1,000,000

$1,000,000

1953

oper.

ry.

From

directors.

of

Sebald, Armco President,
Executive
Officer
of

W.

continue

will

and

years,

many

Chief

•nd

to bank, due seri¬
1958 —
(par value $1 per sh.)

railway.—

from

Gross

director

.

ago.

pointed

industry

an

value.

year

group

to

on

Brown

Outstanding

a

engaged

Street

dustry.—V,

2473.

p.

Net,from

more

International

Armco

W.

in

in

for

15,

November—

than 100 countries and territories.
It also
owns
and operates a network of fabricating plants abroad and pro¬
vides technical services for foreign steel manufacturers.
Mr.
Hook
also
announced
that he is relinquishing
his post as
Chairman
of Armco International.
He had been Chairman of this
representation

subsidiary

178,

Howard

Francis

assets

of

Randolph

went

1

Armco

company.

International

Armco

of sales for

Vice-President in charge

been

Mr.

company

payable

stock

Common

late
Broad

24-year old

asset

total

that

Broad

PRESENT FINANCING

EFFECT TO

GIVING

Beaumont, Sour Lake & Western
had

International.
since

Hook,

R.

Edwards

Mr.

Unit—

by

private holding

a

the

with

the

of

equivalent

above

7, 1953, the authorized capital stock
amendment of its corporate charter from

by

Authorized

Dec.

of

18

Jan.

on

vesting's

CAPITALIZATION

to

family

combined

President

an

value shares and received in exchange therefor a certificate
representing 1,900,000 shares of the new $1 par value common stock,
which shares Southern Union is now offering for sale.

International
Chairman of Armco Steel Corp., announced
of

President

elected

been

and gas

Union certain addit.onal oil

Southern

par

note

* *

Ferncliff, founded in 1924, had assets consisting entirely of cash and

shares of common stock without par value to 3.000.000 shares
of $1 par value common stock.
Coincident with such charter amend¬
ment Southern
Union surrendered to Aztec the certificate for 1,003
no

-Braniff

a

marketable securities.
The two
firms
were
combined by exchanging
Ferncliff's assets at full value for shares of Broad Street Investing with

two gas wells.
Union, in consideration of $374,400 paid
to Aztec an option running to Jan. 4.

1,000

19.

Jan.

on

has

Edwards

R.

A.

and

as

in

interest
Southern

changed

was

the

nounced

interests.

Aztec

Trading Corp.,

been

RECAPITALIZATION—On Dec.
of

ally

Steel Corp.—New President of

by

acquire from

to

1955,

leasehold

of.

served

2635.

j-.

Aztec, granted

1954,

cash

in

3 »/a %

Armco

2,

Jan.

it

to

one-quarter

a

On

to

101.

p.

Ferncliff

has

has

175,

Street Investing Corp.-^Consolidation—

Broad

bers

nine oil wells and in four gas wells,

working interest in

all of the

date

He

Corp.

past ten years.—V.

-

interest in four wells, a one-half interest in 11
wells, a
one-quarter interest in 11 wells and a one-eighth or less interest in
59 wells, or a total of approximately 120 net gas wells.
In
the Lea County oil and gas fields, Azt?c owned at
the same

Jan.

SEC on

The

the

the

of

quarter

Denied Exemption

—

fields

gas

Rio

and

Juan

San

and

tonners

Sailor" —is

-British

Arriba Counties.
The remainder Ls in the oil
Permian Basin in Lea and Eddy Counties. In.
the San Juan and Rio Arriba Counties area Aztec owned, as of Nov.
30,
1953, all of the working interest in 105 gas wells plus (as to
certain
leases
involved in joint or unitized development)
a
threeof

tons of tanker shipping on charter.
ordered as part of this program, one
already in commission,
while two others

deadweight

2,000,000

•bout
A

be

made

in

New

York funds.

1

5%

Volume

Number 5293

179

...

The Commercial and Financial Chronicle

(391)

3

Capital Flotations in the; United {States in September
And for the Nine Months of Calendar Year 1953;
Aggregate corporate financing in the domestic market

Gas

Co. comprising 250,000 shares of 5V-i% cumulative
preferred stock of '$100 par value, and the $20,000,000

in September amounted to $707,272,766. This was a sharp
increase
from
the
previous month
(August)
which
totaled only $241,941,230.
A comparison of the current
month's

with

total

332,891,. likewise
current

that

Tennessee

Sept.

for

shows

"

"

'

'

"

purposes

played

significant role b,v totalling only $1,865,000
September aggregate figure.

a

corporate! financing.
that is August last, the total

in the dollar volume

noted

was

February

month in

June

48.31%.

or

at

Next

$265,330,938

attaining
the

came

37.52%;

or

manufacturing $71,624,090

other

*

offerings

the

Louisiana

Gas

4V2 %

first

•

.

*

1,500, 174,000

99.493

•2.007

2,276,662,000
2,380,096,000
2,262,326,000

1,500, 280,000,

99.468

•2.106

1,500, 400,000

99.462 +•2.126

91 days
91 days

l

for

a

4, 087,000

100

2

471, ,581,700

100

c

14,279,815,377
1,500,409,000
1,500,959,000
1.500.435.000
1.501.834.0001

2,494,745,000
2,545,880,000
2,781,117,000

domestic market

3

91 days

Sept 24
Sept 15
Sept 15

3 Vs years

2
2

91 days

1 year

'New

came

upon

-

Refunding

1,500,139,000

99.504+ • 1.961

1,500,288,000

99.506+ n.953

1,500,184,000
99.505+ • 1.957
99.587
• 1.634
1,500,148,000
4,722,506,000 100
2%
3,000,247,000

368,102,436

a

a

20,040,000

20,040,000

100

2

2 years

952,036,900

952,036,900

100

c

1

September

for

nine

end

j

May

first mortgage pipeline bonds,

__—

_—i-T-t

r-,-;-

1-

323,256,510

and

the

—

_

8

'

c

H

,

647,165,350
411,775,430

are

September

1,865,0.00

if

528,839,280
259,120,375

461,798,200

2,147,000
$77,514,505

one

maturity.

-

_

—_

of

Sale

sold

held

data

limit

of

at
to

on

Treasury

on

annual

Savings
of

accrued
or

two

Treasury
"Chronicle."

1953,

see
'

Series

B

interest

FINANCING

BY

see

the

1953
New

Capital

February.

625,307,965

March—

518,444,956

>

<

Total

$

560,772,709

January-

16,141,452

OF

■

New Capital'

$

$

576,914,161

543,374,952

25,159,845

650,467,810

365,724,376

75,851,400

524,444,441

825,109,085

13,357,925

New Capital

246,698,840
375,040,536

47,300,782

1,751,826,412

1,734,208,413

98,757,525

July

603,465,864.

10,540,950

614,006,814

748,507,085

39,854,250

629,447,080

15,677,234

645,124,314

776,722,925

150,613,000

1,056,539,330

36,762,169

1,093,301,499

676,905,364

6,727,000

Accepted

Refunding

Indebtedness

six

for

months—

57,804,697,836 48,422,365,500

I

3,993,977,904

62,980,353 2,352,432,627

110,281,135 4,104,259,039

2,202,135,374
3,936,343,787

$

-

•
.

Total

.

81,607,950

123,566,003

1,500,254,000

1,200,547,000

299,707,000

1,500,174,000
1,500,280,000

1,400,812,000
1,400,736,000

99,362,000

91-day

bills

Treas.

9l-day Treas.
Ctfs.

U.

1

July
1

1,500;209,000

I

239,168,027

705,407,786

Beptember.

10,724,440

■

bonds-

1,499,924,000

402,193,677

4,087,000
471,581,700

notes-

Total for July

1,832,965,938

4,087,000

471,581,700

14,279,815,377

7,002,419,000

6

91-day

Treas.

bills

1,500,409,000

1,500,380,000

29,000

91-day

Treas.

bills

1,500,959,000

1,500,569,000

390,000

1,500,435,000

788,361,335

638,595,471

83,166,875

721,762,346

Aug 13

927,335,925-

404,604,523

18,036,450

422,640,973

Aug 20

91-day

Treas.

bills

683,632,364

1,500,435,000

778,677,434

89,038,025

867,715,453

Aug 27

92-day

Treas.

bills

1,501,834,000

1,500,777,000

Aug 15

Ctfs,

Indebted.-

2,781,117,000

49,789,700

2,773;203

203,265,164

153,190,133

1.865,000

707,272,786

418,435,408

71,897,483

3,248,326,014

190,241,350 2,012,118,778
313,807,353

1,203,031,903

491,611,920

33,943,362

1

August

3,562,133,367

1

of

S.

Savings

Bds.

Depositary bonds—
Tax

antic'n

371,218,010

356,455,297'

308,028,606

19,778,730

428,793,272

19,735,000

Total

327,807,336

490,332,8^1

371,218,010

1,272,000

1,272,000

478,751,200

,

notes-

478,751,200

for

448,528,272

1,529,152,768

15,362,643

1,544,515,411

1,774,942,775

274,877,316 2,049,820,091

1,228,433,798

73,457,092 1,301,890,890

5,523,130,672

125,643,778

5,648,774,450

5,711,286,562

570,829,091

6,282,115,653

4,476,759,812

387,264,445 4,864,024,257

856,675,665
474,432,187

82,207,165

938,882,830

474,505,476

89,650,200

564,132,387

585,118,175

757,621,197

44,200,333

801,821,530

795,652,321

2,088,779,049

216,057,698 2,304,836,747

1,855,275,972

145,837,200 2,001,113,172

7,800,065,611

786,886,789 8,586,952,400

6,332,035,784

533,101,645 6,865,137,429

3

August

91-day

9,635,995,210

Treas.

bills

8,783,278,000

1,500,139,000

1,500,139,000

November

Treas.

bills

1,500,288,000

1,399,956,000

Treas.

bills

1,500,184,000

1,500,184,000

Sept 24

91-day

Treas.

bills

1,500,148,000

1,500,148,000

Indebted-

4,722,506,000

4,722,506,000

3,000,247,000

3,000,247,000

,

Sept 15

Ctfs.

46,641,300

490,448,976
631,759,475

Sept 15

Treasury notes

83,252,400

878,904,721

Sept

U. S. Savings Bds."

15,943,500

—-

quarter

1

Sept

-

of

Sept

368,102,436

Depositary bonds—
1

Tax antic'n

20,040,006

952,036,900

notes-"

952,036,900

Total

for

September-—

15,063,691,336 13,623,180,000

1,440,511,336

Total

tRevised.

for

nine

months-

96,784,199,759 77,831,242,500

18.952,957,259

(Continued
Bonds

Treasury Financing in September
The Secretary of the Treasury announced on Sept. 25
that the sale of Treasury savings notes,
be terminated at the close of

series B, would

business, Friday, Sept. 25,

'

1953.

The Treasury

Department announced on Sept. 14 that

$4,722,506,000 was subscribed for and allotted to the
offering of 2%% Certificates of ^Indebtedness of Series
E-1954- The Certificates were dated Sept. 15, 1953, and
on

368,102,436

20,040,000

■: I

12 months

mature

100,332,000

'

December

Fourth

91-day
91-day

852,717,210

'

1
,

Sept 10
Sept 17

October

1,057,000

525,555,282

Sept
1

7,277,396,377

2,781,117,000

U.

1,821,877,428

295,951,775 4,232,295,562

1,153,242,203

285,000
5,900,636,000

1,550,014,589

1

197,194,250 2,399,329,624

595,301,395
241,941,230

99,544,000

1,500,400,000

5,900,636,000
402,193,677

Savings Bds.
antic'n

Tax

1,500,400,000
'

Indebted._

of

S.

bills

bills

Depositary

July

886,317,160

1,426,448,586

bills
bills

July

402,192,771

804,709,210

Treas.

91-day Treas.
91-day Treas.

July 15

$

261,504,658

-27,152,235

91-day

July 30'

,

14,805,818

2

Aug
584,576,955

9,382,332,336

July 23

Reiunding

$

838,467,010

New

.

Aug

2,289,452,274

14,
and

9

Aug
April—,

May

1953. Note®
month

"

j

1,704,525,630

of.the

July 16

441,595,77-6

9,548,200

May 15,

on

15th

2687,

page

on

$

1951

' Total '
$
'

*

$

""

quarter.

AND

552,923,152'

Refunding

1

on

FUNDS

Total Amount

..

tl951

5,999,485

*

1952

f1952

Refunding

$

1953,

footnote
.
' "

approximates 2.47%.
For
footnote on page 1470, October

Security

Total

July
MONTHS

been

interest

years

notes,

to

Type of

present a tabulation of figures since January, 1951, showing the different monthly amounts of cor¬
porate financing.
Further revisions in the 1953 and 1952 figures may be necessary, particularly as additional pri^
vate financing is brought Jo light.
*
CORPORATE

in each

has

*

terminated

was

Treasury notes of Series B begat!

previous data-on

19,

Bonds,

we

OF

■

purchase of $20,000.

•

notes

par,and

maturity

Dated

SUMMARY

purchases
•

Series H will mature in 9 year®

"Chronicle."

1952,

$3,853,645,598

T_

_

annual

on

maturity" value.

Issued at par,

,

USE
Total

Also the yield is higher

year.

limit

463,945,200

$3,776,131,093

to

previous

1953.

t

3,682,420

of

Individual

$10,000 to $20,000

has individual

Sale

1,936,400

255,437,955

:

instead

year.

months, with interest paid by check semi-annually. Redeemabl®
after 6 months from issue date, on one month's notice.

30,

18,900,780

...

monlths__t.T.___+__„__ 96,784,199,759

.

June

346,904,800

526,974,280

August'

months

from

*

645,228,950

__

-

15,063,691,336

—_

SERIES J AND K—These replace Series F and G
Bonds, respectively,
as
of May 1, 1952.
Series J and K yield a return of 2.76% when
held to
maturity, instead of the former rate of 2.53% for F Bond®
and 2.50%
for G Bonds.
Intermediate yields of Series J and K will
be higher than those of F and G.
Annual purchase limit of Series J
and K combined is increased to
$200,000.
•-

367,400,365

,

a

at par any time

43.7,883,640

23,648,290

27

SERIES H (N£W)—New current income bond, Series H, avallabl®
beginning June 1, 1952, bearing 3% interest, compounded
semi-annually,

$390,611,158

18,214,900

100

j

'

2,180,965

419,668,740

—

..

July

& Telegraph Co. 3%% 24-year de¬

6

For

March

April

of

intermediate
doubled

.Total

.

$4,938,750
365,219,400

_

c

3,000,247,000
368,102,436

for

Series

''

February

2

478,751,200 100

12 years

Total

-

,-4.

2'8
a

1,272,000 100

1,272,000
478,751,200

♦Average rate on a bank discount basis,
a Comprised
of
thre®
separate series, all of which were changed as follows:
SERIES
E—Beginning May 1, 1952.
Overall
interest
rate
raised
from 2.9%
to *3%
compounded semi-annually when held to maturity.
Higher rate achieved by shortening the
maturity of the Series E Bond
from 10 years to 9 years, 8 months.
Interest starts accruing at Ml®

Total municipal financing for the first nine months
of 1953 is set forth below:'
'
'

January

•2.001

a

9%-12 yirs.

Total

/

mortgage

99.489

371,218,010

2,367,832,000
2,022,888,000
2,555,693,000
2,150,175,000
4,722,506,000

91 days

when held

-

•2.136

99.465 +•2.116
99.469
•2.101

9,635,995,210

91 days

Devel¬

<-

financing
in September.

99.460

2,781,117,000 100

371,218,010
1

2 years

Sept 17

Sep 1-30 Sept

bonds; the $2,300,000 Honolulu, Hawaii, sewer and park
improvement bonds, and the $150,000 offering of Fair¬
banks Independent School District, Alaska construction
Government

2Va

a

2,409,602,000
2,363,408,000

Sept 10

one

general operations of the bank.

Canadian

*2.157

402, 193,677

August

Sep 1-30 Sep 1
Sep 1-30 Sept

Three 1 offerings1 of United1 States
Possessions were
placed here in September and comprised the $5,500,000
issue of the Territory of Hawaii public
improvement

bentures, due Sept. 1, 1977; $25,000,000 Northern Natural

First

1,500, 209,000
99.455
5,900, 636,000 100

471,581,700

91 days

Sept

Sept

was brought out during
September of which $5,000,000 was placed outside of the
States.
The purpose of the issue was'for the

No

•2.107

4,087,000

6

was

$204,824,825.

bonds.

99.468

402,193,677

1

Sept

United

1,1973, totaling $34,125,000; $30,000,000 South¬

Below

1,500, 254,000

8,686,806,000

Sept 17

to be

comparison of the current month's total with that
August last reveals a substantial increase in the latest

June

Bell Telephone

2,165,888,000

July——

Aug

Total

<

opment issue totaling $75,000,000

i

%

2,191,934,000

Sept 10

was

ago, the aggregate total was $439,376,335.
An International Bank for Reconstruction and

and

Yield

*

$

,

57,804,697,836

year

sinking fund debentures,- due Sept. 1,; 1978; the Permian

ern

.

'

The current total by the way
the third largest thus far this year. For
September,

$35,000,000 Westinghouse Air Brake Co. 3%%

4V2%

•

i

91 days
91 days

Aug 20.

Sept

'

-due June

29.10

and the balance of $2,147,000

purposes

1953

Price

91 days
91 days

Aug 27
92 days
Aug 5
Aug 15
1 year
Aug 1-31 Aug 1 9%-12 yrs.
Aug 1,-31 August
12 years

'

21.19

'

-

—I

months

Aug 20

65.01

''

Basin Pipeline Co.

for

Aug 1-31 Aug
•

-

month of

bonds, due Sept. 1, 1973 in the ampunt of $35,000,QQ0
aloihg with a like amount of Duke Power Co. 3%% 30year first and refunding mortgage bonds, due Sept. 1,
and

1

figures.

•

six

Aug 13

6

Aug 13

30.81

,

"

205,799,375

,

Aug

A

placed in September and
the $150,000,000 General

Co.

,

•

/July 30
1

21.17

•

387,020,000

;

Accepted

.

Aug 27

for

principal :ones included
Motors Acceptance Corp. 3%% 8-year debentures, due
Sept. 15, 1961; $50,000,000 4% promissory notes of the
•above corporation, due Sept. 1, 1978, as well as $19,905,€00 4% promissory notes, due June 1, 1970-1973 inclu¬
sive; the $50,000,000 Pacific Telephone & Telegraph Co.
4% 31-year .debentures, .due Sept. 15, 1984; an issue of
Arkansas

.

336,831,000
.

34.24

.

used for refunding operations.

or

were

July 16

capital

10.13%; railroads $12,390,€00 or 1.75%toil $5,586,000 or 0.79%; iron, steel, coal, cop¬
per, etc., $5,466,000 or 0.77%; equipment manufacturers
$3,209,875 or 0.45%; and land, buildings, etc. ($399,698),
rubber ($600,000), and investment trusts, etc. ($1,000,€00), all combined totaled $1,999,698 or 0.28%.
Several large

•

.

9

5.92

34

-

2

July

Total

42.59

97,736,220
136,577,500

33

_

July

for

July 2
July 9
July 16
July 23

Municipal financing in September amounted to $463,-'
945,200 of which $461,798,200 constituted funds for new

.

cate¬

industrial

222,700,000

,

25

45.87

'

223,360,000

-36

——

•Revised

total of $341,-

a

——_

DURING

Amount

Applied for

Due

% of Total

$264,621,500

"

26

_

September

given each

miscellaneous

Total Amount
,

FINANCING

Amount

July 23
July 30 f
91 days
July 6
July 15
247 days
July 1-31 July 1 9%-12 yrs.
July 1-31 July
12 years
July 1-31 July 1
2 years

•

51,256,250

our

the month's dollar volume by

•

——

'

40

five-year table, we note -that for September
public utility issues comprised a little less than half of

1983

•

to

nine

26

;

•May

were 33 common stock issues placed in
Septem¬
last, which constituted $39,669^011 or 5.61% of all
financing for the month. Preferred stock issues, while
less numerous, and totaling 10 in number, exceeded the
dollar volume of the former by amounting to $43,914,400 or 6.21% of the aggregate total.

the

first

39

i

■"April

There

as

3.5

I.'.

,

of

ber

Setting forth the respective categories

of Issues

-

offerings during September and they reached $83,583,411 or 11.82% of the month's over-all financing. This
contrasted with August's total of $67,928,905 and that
for September, 1952, of $71,641,091. •

i

in' the
•

o.

stock

gory

privately

TREASURY

$

Jun

sum

slight increase

€66.685

was

STATES

Dated

Total

previous month;
$51,256,250 made up

months of 1953 follow:

>of $599,739,375 or 84.80% of the over-all
total, while short-term bonds and notes, adhering to the
customary trend, amounted to $23,950,000 or 3.39%/
A

Corporate issues placed

I

Long-term bonds and notes in September reached the
sizable

UNITED
Date

Offered

the

financing comprised 36 issues amounting
$261,511,250, or 53.3% of that month's total volume.

0.26% of

or

In

private

the

Treasury Bills, Savings Bonds, Tax Anticipation Notes
Depositary Bonds. '

due

of 10 issues and represented 21.19% of that
period's gross
dollar volume.' For the month of
September, a year ago,

in¬

very

debentures,

: '

"

!

over-all

'..u

capital funds for September, last added up to
$705,407,786 or 99.74% of the month's total volume,

refunding

1973.

Co. J5%

offerings in September totaled 34 in number
amounted to $205,799,375 or 29.10% of thait month's

and

New

while money for

Transmission

iPrivate

September, 1952 of $490,substantial increase for the

a

period.'*' ;

1,

Gas

of

and

Sept.

15,

1954, and were offered on

change basis, par for par, to holders




an

ex¬

of 2% Treasury

000

of

1951-53, maturing Sept. 15, 1953.

on page

6)

$3,000,247,-

subscribed for and allotted to the offering of
Treasury Notes of Series A-1957, dated Sept. 15,
1953, and maturing on March 15, 1957, which were of¬
fered on an exchange basis, par for
par, to holders of
2% Treasury' Bonds of 1951-53, maturing on Sept.
15,
was

2%%

1953, in the amount of $7,986,242,500.
were
were

not

received

the

and

redeemed in cash.

.

Cash subscription?

remainder

not

exchanged

In the

lowing

on

the fol¬

the September
and the nine months' figures with those
for the
years

■

The Treasury Department in September outside-of the
-above confined its operations to the usual
weekly sale

comprehensive tables

year

pages we compare

corresponding periods in the four

preceding, thus affording

comparison.

a

five-

136,907 lYslo 18,59703

186,7903

250,150 317.605,21 9,50 0

Refundi g 37,981.647 5,0676 1 5,839

43,097486

180,950 3,985,14

Total

S

31,

-194

"

Capit l

8

New

69.10, 0 31,62 097 9,50.0

98,253 26,1756 18,4120

265,4 0 30,675260 20,53 784

Total

143,58

36.023,984 6,0 ,0 10,5 .0 38,160 278,51 205

19,350, 0

$

19,350

Capit l 24,8350 30,67520 20,53 784
$

New

Total

$

384.706, 1.290, 0 36,914860 25,61742

145,0 0 27,08 25

Capitl

New

Total

—19.>2

$

428,793 2 10, 0 50, 0 40, 0 264,73021

480, 0

41,7180 34,07.350 35.2374i 6,50,0 2,0 ,0

490,32891

71,897483

Capital 341,09250 480,0 3,129417 35,2 741

79,450 2,395,60

418,35408

Refundi g 70,61950 1727 .93

79,450 439.76,35

436,980735

S

New

Total

$

59,13 75 23,950 43,9140 39,510

6,50 , 0

2,06

T5o76 O

70,2 786 70, q0 0MT0S", 463,9520 7,950
19

Refundi g 1,865,0

FOCREPIGNAT,

Capit l 597,84375 23,950 43,9140 39,5101
$

150, 0

705,4786 70, 0 98,50 0 461,79820 7,950, 0

New

SOUMFARY

93,45.0 2,147,0

1,865,0

$

—1953

PCimrouantvcpsldef.,

1,346598botayined

FYEIVARS

1FTSMOSFTEOHAPONTERFETMRBH 950
-1951

Total

$
•

3,20 216,83 0 18,40 0 3,0 ,0 2,350, 0 10,8 0
10 ,0

Refundi g I74O6", 6 1276~O,6
$

32844,,7803650

1,9 05 5 6,250 3,69203 1,250

1.290, 0

290, 0

1,0 .0

371,460

10 ,0 0

1,8720 15,9 0 34,50 0 93,6980 46.70, 5,75,0 20, 0 356 X60 19,40 0 418.2 ,80

ITCNONORHPUEEAFW!T195SGROUPING

1953

Total

$

105,38 15 0,92 0 35,0 .0 23,98.249

850, 0

380, 0 480, 0

50 .0

12,390 273, 50 5,0 0 3,209375 6o,T576 4,25.0 "6*0 *0 240, 0 59,73 5

Refundi g *5467 6

1,25,0

20 ,0

Capit l 12,390 273,1850 5,0 ,0 3,209,375

59762X 6 4,25,0

40 ,0 0

427,93

51, 098 6 4,019 10,738 15 4,159,20 30 ,0 0

1,27 ,93

20.

3,90,316 70,36 158 1,8720 201.6L908 27.64019 68,34 15 50.92 0 6,075,0®

35.

:

240, 0 597,84375

CHAR TE

New

540, 0

50 ,0

442980,7,933281

16

23,450 23,950 efoTiXS 46 ,0 1,47 09 861,0 0 39 ,698 1,607 6 1,40938 83,5 41 12,390 341,6 85 5,46,0 3,209,375 71,624796 5.86,0 39 ,698 60,0-0 1,6 76 265,3098

41,35.0

70,2 86
1,865,0

AND

$

19,7350

6,716,083 71,897,483

7,K

1,865,0

$

10 ,0 0

3,81 ,249 71,64 091 1,8720 20,35908 35,164019

-

New

315,984

1(52,09 48,527

6,1750 v 1,40,0 18,2350

13,85703 14,250 3,50 ® 16,29 6

$

10 ,0

16,329.6

14,125,C 3, 50,(

51,098" 6 4.019 1,598715 4,159,20 30,0®

380, 0 480, 0

20,63 0

,"59670

5,239,69 56,372 3,20 27,35 0 5 6,250

'
Refundi g 641,0 7,50,0 36,1904 20, 0® 6,28,150 70,61950

Capit l 1,8720 150, 40 27,0 0 57,0940 46,70 5,75,0 35,0 0 13, 850 347,592 0

5706C

143.58,

36,02.984

31

1,9 05 5 6,250 27,51 03 1,250

1.290, 0

New

$

5,239, 69 62,53 27 3,20 28.75,0 5 6,250

6,175,0

Capitl 3,20 215,4360 106,340 3,0 ,0 2,350, 0 10,7 0
Total

12,350

17,956.0 70,5894 20,5 0 158,64032 3,51,73 28.076,29 62,4806 19,750

13,560

$

UNITED

290. Q0

1,0 ,0

3336,267.~~*6584S0o7oO9

179~56,90 70,5894 20,5 0 16,84 032 3,51,73 40,26 79 62.480,6 10,8750

25,04 32 3,51,73 4,62,79 19,3806

Capit l 20,5 0 13,520. 23,450 43.10, 0 10,8750 13,640

43.097,486

10,61.20 12,50 40 2,*6ob70O

1,085.0 4,65 20 15,6420 70,583

3,280, 0

New

186,7903

36,8 .647 1,60,0 ~ 8~5 0~,o6

5,1 5,839

5,0 ,0 20,63 0

$

FFTALMINOSFUOAYEHPR|CGIRVVAPEMGNR>BLT, 1.79108345,328,7519,8470652206fCGBDFotIbIenSaebtvvshoSadrlohuctmgaimputmnrdkiicnpflfelydes
371,460 1,290 30,79860 25,61742

796720®

25,04 32 3,51,73 4,62,79 19,3806

20,5 0 136,80 35,80 0 43,10 0 10,875 0 18,640 265,4 0

Refundi g 3,280, 0 12,350

170,5 0 4,185,0

19,7350

42,750

1 5,839

.

2

$

9,365,0 ® 12,50 0 2,*60706 31,5 0 91, 253

New

850, 0
1,76120 12,50 0 2,60,0

1,20 ,839 49,72039 15.6420 106,9250

5,0 ,0

Capit l 15.6420 27,83 5
Total

796.20

47, 50

136,907

t

48,52 7 10, 0.6 50, 0 l67f50",6 268,91520

Refundi g 13,560 6715,0

-*951

765233,,980815160

15,6420 59,10 10,9650 12,50 0 8 0, 0 2,60,0 35,20
31,86 47 1,60,0 ~ 85~0", 0 3,65,0 37,981647

96,20318

316,9384

$

-194

20,63 0 6,0 ,0 10,5 0 193,60 6,432,0 236,720

Refundi g 20,63 0

—1950

Total

23,450 23,950 67,941685 46 ,0 0 1,47 09 861,0 39 ,698 1,0 ,0 1,40,938 83,5 41 12,390 341,26 85 5,46,0 3,209,375 764 06 5,86,0 39 ,698 40 ,0 ir6 b~60 265,3098 705,47 86

SEPTMBR boannodte-dss stock stoc_k boannodt-qdss stoc-k stock foreign— boannondtesds-, stock stock corpate. ?IBntearaniokn-lGovernmtforgeoveirgnmntGoaagvncdie,s•M&unicpalt—S.te,s,SPotsaeeins toal ffdiinugnculoordesest SEPTMBR NBooteansd-s utiles cceootpa.l,,manufctres oieinmdaaunufsncttrrdiig—l bueildtncgs, thtrroeaulddstiicnngg.,,,Miscelanous NBootaensd-s utiles cecotopa.l,,manufctres. oi—-inmdaaunusfncttrdrig.l :bueiltdcng.s, tthrroaeulddstiincngg,,,Miscelanous utiles cceootpa.l,,manufctres oi-.Indamaunufsncttrridig—l bueildtcng.s, thtrroaeulddtsciinn.g,,^Miscelanous utiles cecotopa.,l,manufctres o—riesinmdaaunsunftrcdtrilg bueildtcn.gs, :httrroaeuldtsicng.,,Miscelan—ous cseocrpuritate
OF Long-term Short-em Prefred Com on Candi — Long-term Short-em Pref red Com on Long-tern Short-em Prefred Com on
Corpate-— DomesticCandian Loan United

MONTH




Other

Total

f

Other Farm

Grand

•These

OF

MONTH

Long-Term Railroads Public Irsoten,l,Equipment Maotnords

Other Land, Rub er
Oil

Ship ing Investm n

Total

Short-Tem Railroads Public Equipment Maotnords
ste l,
Iron,

Other Land,
Oil

Ship ing Investm n

Total

Stocks-

Railroads Public Irson,et l,EquipmentMoatonrds Other

Land,

Ship ing Investm n

Total

Total-

Railroads Public Irston,le ,Equipment Maotnodrs Other

Oil

Land, Rub er

Ship ing investm n

Total
.

Total

$

3,517264

5,940, 0 28,7 50 426,85941 2,0 ,0

30, 0

Refundi g 165,01 73 209,474 25,60 893,39

Capit l 3,5263,09 5,730526 257, 850 425,96142
$

2,0 ,0

30, 0

New

Total

$

3,2416 ,50 157,420 894,08 498,5208 27,54 50 24,3970

u,o u0 16,0 0 23,1450 2,1453 96 21,50. 0
,

3,0 ,0

423
-

Refundi g 1,04 3 0 51,309 30,85726 6,428 0 8,0 ,0

Capit l 2, 76530 106, 10 39,07543 492,0360 19,54 50 ~4-93r2790
$

3,0 ,0

$

3,7213,58

4 ,474

209,474

25,40 0

5,625,0

105, 26

5,730,526

47,316 0 24, 570 154,3 140 1,065,240

638^0 0
387,1360 1,94280 41,536750 6,26,0 28671 250 251,6350 54,60 6,50 0 230,870

17,0 ,0

17,50926834iPmraotunvicnspacldetes.

New

Total
S

'

150, 0

17,0 0

70 ,0 0

Refundi g 97,8 10 691,7 8 2,547,0 13,70243 36,91250 12,45 0

2,695041 6.257,9814 bonds.

254,80 114,807650 2,19307 8,19,4518670297450 DeRveacolnonsptrmudint

834,0 0 289,517 06 ,50 39 ,0 0 ,80 050,914 51 ,240 378,0 60 ,0 60 ,0 0 51 .350 143,9 6

7,51 ,350 48.52,862

6,

368,

2,046,

1

2,

751, 398,

104,

7,

45,

32,

308,

638/BO
241,250
387,1360 2,54897,0 57,09 85 6,26,0 481,38 4$ 291,680 56.392,70 95.43951 457,1908

97,8 10 72,615 27 2,5470 19,0378 36,91250 12,7 0 18,9520

24L250
50,7983 15,4235 18,509.16 40,352710 1,520 29,043951 86,53478

241,250
289,3650 1,820 95 54. 0,985 6,2 0 362,14967 254,7056 43,67950 "638,0 0 95,43951 38,56 8

132,140
42,167 27,84698 1,450, 8 1,347816 7,96012

9 2,50 472,8 1 692,827 164,50 284,0 .19567 9 0, 30 693,140 175.0 8 .80 341,816 2 1,58

~

638^0
289,3650 1,25 013 38,9 750 6,26,0 17295^807 214,35280 42,1590 6,50 0 163, 80
Capitl

17,0 0

214,970* 1,65720 168,2 90 34,1650 2,84,0 1,04 3250 106,89312 35.61,0 102,750 2,80,0 2791,"865^

17,0 0

2,50 , 0

S

175,0 0

20,7340 120,67134 1,250, 0 14,26.97 5,748,50 9,417,0 19,70653

51,309 51,309 3o!8Eh240 5,~310~935 ~2~67~26 8~72~3o5

$

Total

397,089

-

6,7490

$

4 7, 50 298,50

139,7250 157,420 581,65079 15,4 235 ~ 2~41/250 193,820 95 40,352710 1,78 270 29,043951 *7,40 8

-

—1950

389,56.0 2,1690.864 105,3650 6,39,0 1,80 0765,27.890 4 ,263740 41,7950 2.60,0 45,60 0 7,51,350 327,850 9

,

165,0 0

New

5,796,0 428,10 56 89,5678 2,50 , 0 9,~46 ~250 5,0 ,0 iABO^oi

472,16 0 24, 570 154,802 9 1,36,740 175,0 7.51.350 48,92 51

5,940, 0

-

$

New

Total

150, 0

5,790, 0

19,2650

-

$

10, 0 13,70 10,5 0 698,510 6,14503 2,174850 {Soecuritfes

$

1950

389,560 1,684526 81,07 80 6,39,0 1,80,0 610,4750 402,9 0 41,620 2,60,0 45,60 0 278, 608

Refundi g 20,7340 95,106347 1,250, 0 13,7926 5,40, 0 9,417,0

-194

86,,34795143672 tDCohamninefd,

10, 0 13,70 0 10,5 0 95,0 0 2,7615,24

$

Capit l 368, 40 1,593471 79,820 6.39,0 1,80,0 596, 574 397,450 32,0 2,60,0 45,60 0 259,12608

94,0 0 782,"507 21,39035 10,7 0

$

-194

Total

10, 0 16,0 0 1,056 ,0 2,16873,41 32,0 0

70 ,0

8,39410

60 ,0 250, 0 1,0 ,0

1,40, 0 5,796,0 5,065, 0 503,218 7,403927

106,

2

2

34,
219

2,171

245

1.529

134,

11

36

104

371

9634728,712,01558236014,,389546357 4,130796*2258585,36547781,6042,89190
F41,3902527865,6664757,410528883.19903-1,687039510.864,frmounicpaltes YSEM3NTFIOISTSUVADHP0ANRHITREE.D 311,206584972450463,,185577691380
TNFLMESFMFGAY3IOUOIHVANEDVARPC0RRPDMTGL.T,
Refundi g 276,04.962 70 ,0 98.07,43 9,750
$

-195

Capit l 3,461839
New

Total

$

60 ,0

10 ,0

150, 0 23,850 362753,0 2,14 0582

Capitl 196,530 1,63740 163,89260 20,34875 2,840 1,0 297453 74,3912 31,6890 102,750 2,80 0 24,9567

1,90 0

60 ,0 150, 0 1,0 0

1,40 5,096,0 5,065,0 47,82 1 72,5 927

50, 0 67,850 120, 3650 1,45670,4 3,5498,1 23,950

Total

2,56 ,0U

9,40 ,350 695,0 0

25,80, 0

30,9 0 50,86 015

5,096,0 30,14 23 679,3 25 2,50 , 0 6/74",750 5,0 ,0 L45()i0 8

4,72619,3 38,24035 45, 096 904, 5023 128,50 0 3,~850~ 24,360

Refundi g 541,76308 4.80,0 16,79583 5,08,20
$

-1952

Capital

$

New

Total

3,025,0

New

1,680 1,0934 ~0 269, 4568

4,185 3,0 3,4035 438,61386 89,3682 128,50 "o0~r6583 21,350

50, 0 56,1820 120, 3650 36, 043 3,085 9621 23,950

$

4,17698,20 20,3570 36,92453 81,37526 26,0 0 ~12_5",6821

7,3504.9B{Intaeriokl

91,,14904,3558172666932 tFGoeohvdernemraflt.

CFOORRPEIGANT,

Capit l
New

42,1640 1,842 ,950 510,72650 16,0910 1,309 ,450 306,75831 7.245,0 132,0 0 35,0 0 263,970

4,60 ,350 695,0 0

13,96.0 37,40 1,20 0 50 .0

184,650

New

$

27,50 1,53 7620 20,350 28.059,375 789,34270 397,024 16.07285 27,-60. 36,50 0 928,1065

~

ONCGORREPUFPWIATE 4,132104,60508795
$

SOUMFARY

Capit l

CAHANR DTE

New

196,250 1.53,90762 19,6750 28.059,375 749,68745 395,68340 16,07285 26,40 0 32,04870 913,2 90

51,25,3643078 7, 16. 29148,,a2g5e0ncis&376 — 1,97608.8532bfSuatonnydiedss SE3PTM0BR manufctrig :a.hoeldticng,

201,59 0 2,105468 236,41587 20,34875 2.84,0 1,362894 0 9,65 30 32.81,40 104,7508 2.80, 0 10,34.816 29,8 635

42,1640 2,58 04,35 539,26 5 16,0910 1.705,314 405.267,03 17,6350 135,94873 63,21750 39,12476

4,089135

37,40
13,96 0 1,20,0 50 ,0

90.0 0

3,405

1,327,93

20,7390 1.790,6 86,1340 183,59"83 10,7.925 20. ,0 58,32 183

390, 0
721,085 27,5375 386,0394 94,03719 3,194,873 28,3li750 102, 983

23,450 2,57013,85 453,0825 16,0910 1.52,016 395.0815 17,54 0 15,94873 63.2L750 34,796583

757,563

720,59843 42,613.58 136,875 85,267538 182.93 46 7,01267

20,!l57

201,250 201,250

Refundi g 31.0 0 21,40. 630. 0 39,67 15 1,3490 1,2076 4751,30 14,89260
S

132.140
361,9078 25,16398 1,450 8 10.34L816 6,4895

390, 0
731,65048 28,53715 395,20 4 97,81379 3,194,873 28,31/750 103.547,6

25,80

2,56 ,0

Capit l 23,450 1,846 7950 425,06 16,0910 1,3 0217 30, 386 17,50 12,0 0 35,0 0 206,9 750

-193

18,3970 60.92,0 9.27,640 13,820.65 16.30,72 35, 0 3,8720 1.60, 0 78,3 953

38,2405

.

Total

28,369.0 4,82 0 62.15,930 2,7305 1,0 0 1,476053

"4,80,0 9,49,60 963,40 8,91,850 3,720, 0

Refundi g 20,7390 1,841,0 85,20 169,82 13 6,457,925 90. 0 20, 0 57,0 250
$

any

4,06238105 20.15,70 356,2703 815,2473 26.0, 0 62,~5 182

note_s notes—.
SE3PTM0BR

$

$

-1952

agency

Refundi g 14,60 15 201,250 7,65,430 3,160,483
$

Refundi g 18,3970 31,9570 4. 9,640 13,82065 loi745~,97 32,50 3,8720
$

—1951

S

$

-liXS

70 .0

6,8290

2,7 1,50

for

S

-

7,536,905

723,46 721,025

1,854,19

27,520 2,873406 25*7*.08*5 28,059375 926,795 482.79 38 16.830 8 27,60 0 219,~43L26 1,89.7612

1,368029

31,0 .0 28,946.05 630. 0 40,39719 2,07,025 l^oa o 4r-51,30 16,948369

110,2,483.8599530

75 ,563
184, 750 20,1570 712.5 ,938 42,61358 135,46091 84,5613 182,93 46 75,180 1,239 617

—

125,64378

manufctrig hoeldticn.g, manufctrig hoeldtcin.g, 196,250 .84 3 209 8ma6n,3uf2c5t7rig40.91 826,0 hoe4l.9dticn,.g6,178 5,231067

boands stock stock boanndds stock-. stoc—k boannontdedss. - stock stock corpate InBtearnakio—nlCGoavnerndmiantfogroeveringmntLGooaanvnd,Municcpail—tStes,,SPotsaeeisn toal—: fdinignculuoerdeets MEONNDTHS LBNonootgean-sT-de—rsm utiles. sccetooeptallr,,,Eqmuaniupfment aacensodri indausntrdl bueildtncgs,: ,Inttrvreausdtsminng,,Miscelanous SNBhoooartten-Tsde-sm utiles csceotoepta.llr,,,Eqmuaniupfment aacensodri indausntrdl bueildtncgs, Ittnrrvauesdtsminng,,Miscelanous Stocks- utiles ccseotopetallr,,,Emqaunuifpment aacesnordi indausntrdl bueildtncgs, —. ttIrrnauvedsstminng,,Miscelanous — utiles ecscototpealrl,,,Emqaunuipfment aacensordi indaunstrdl bueildtncgs, ttrInravuedssitmngn,,Miscelanous cseocrupritate
END

DtCTMON HS orp ae— omestic— Long-term Short-em.Prefred Com on Candian- Long-term Short-em Pref red mon Ofortehigern- Long-term Short-em Pref red Com on
,

9




Com

Grand

Tptal

fi

§

Other Farm

*

United

•These

9

Railroads Public Iron,

Motors Other Land, Rub er

Ship ing

Total

Public Iron, Motors Other Land,
Otl

Ship ing

-

Railroads Public Iron,

Total

Motors Other Land,

Ship ng

Total-

Railroads Public

Total

Iron

Motors Other Land, Rub er Ship ing
Oil

«

The Commercial and Financial Chronicle

(394)

bonds,

mortgage
tion

FINANCING

•INTRA-GOVERNMENT

Telephone

General

*3,000,000

(Continued from page 3)

of

for

six

Net Issued

ance

S

Total

Retired
$

$

tual

Benefit

Life

Insurance

29,102,873,000 27,714,309,500

months..

1,388,563,500

July—

Tully

Certificates
tJotes

_

155,353,000

—

_

__

...

36,000,000

119,353,000

43,099,000

111,333,000

$63,234,000

.

..

Total

for

56,119,000

50.000

381,305,000

93.150,000

11,959,000

486,464.000

93,200.000

393.264 .OH?

203,452,000

__

*1,000,000

.Notes

,

for

August

55,083,000

132.715,000

Placed

for

for
the

mortgage bonds.
Purpose,
privately wilh Woodmen of

*>,

Power
1,

Sept.

Light

&

1983.

and

first

bonds

mortgage

to repay bank loans and for
100.75%
and accrued interest.

Price,

White,

by

4%

Co.

Weld

Co.;

&

Shields

&

Bear,

Co.;

& Co.; Hallgarten & Co.; Harris,
Hall & Co.
The Ohio Co.; Paine, Webber, Jackson & Curtis;
Hammill & Co., and Tucker, Anthony & Co.

Stearns

190.215.000

t2ij,2C3.uW

29,953,741.000

23,145.057.500

1.808.58;:.500

Oversubscribed.

for

nine

months.

-l.S^U.000

New

&

Co.;

of special series certificates and notes; certificates
Adjusted Service Certificates Fund and Unemployed Trust Fund

to

3d,00U 000 Pacific Telephone

■

and

notes

Civil
Canal

Zone

6avings
life

to

Federal

Service

Old

Age and Survivors Insurance Trust Account
Fund,
Foreign
Service
Retirement
Fund

Retirement

Retirement

Alaska

Fund,

System, * Government

Insurance

Fund,

Federal Savings and

Life

Federal

Railroad

Retirement

Insurance

Deposit

Loan Insurance Cnmoration.

Fund.

National

Fund,

Insurance

due

Posra'

*

Price,

Inc.:

i

Tnc.;

Details

of

New

Capital Flotations

W.

E.

&

'

During September, 1953

Co.;

W.

Curtis;
Stone

trust

1968

inclusive.

yield

C,

Louisville

Ry.

annually on
Purpose, for new

Certificates

Oct.

3%%

from

due,

15

1954

Price,

maturity.

to

*34,125,000

Hutzler;

$5,250,000 Southern
series

&

Drexel

Co.,

Pacific

KK,

due

&

Co.;

Union

Securities

&

E.

Wabash
dated

equipment
from Sept. 1,

annually

by

Freeman
&

Co.,

Hutchinson

RR,

inclusive.

I

Co.;

3'/8%'

Sept.

from

1,

1953
to

Salomon

&

trust

+7,000,000

to

Inc.;

loans

and

for

Gregory

trust

new

&

The
&

Illinois

Son

&

Co.;

and

Inc.,

and

certificates,
Sept.

annually

1,

series

*4,500,000

Water

Mutual

and

Langley

1954-1968,

equipment.

according

Hutzler;

Price,
maturity.

&

to

Drexel

&

Co.;

$30,000,000

Offered

Union

4'/<t %

South

Carolina
line

bonds

for

Insurance

Association

from

due

first

*

1,

1973.

Placed

Gas

Co.

Purpose,

&

Insur¬

through W.

&

C.

new

Mutual

Co.

Inc.

1983.

*2,675,000 Atlanta

and

Freres

&

Co.

4Va%
to<

&

Sold

Insurance

first

and

National

Gas

Light

4 % %

Co.

Purpose,

first

to

mortgage

retire

bank

*1,000,000

&

Co.;

due,

&

.*

'

'

1

due

loans

for

and

accrued

Co.;

Sept.
new

interest.

Estabrook

Putnam

&

Laurence

M.

D,

Co.;

Marks

due

&

1,

1978.

Placed

Eastman,

through
Power

The

3%%

First

Purpose,

mortgage

for

privately with five

Sept.

Price,

program.

by

Co.

due

bonds

Dillon

30-year

and

102.55%

com¬

Fenn

Hutzler;

(Inc.);

The

Laurence

M.

Marks

Robinson-Humphrey

of

Michigan

&

Co.:

Julien

Corp.;

Swiss
Collins

Co.,

Kean,

American
&

Co.;

&

Inc.;

Taylor

J.

Reynolds

Bache

&

Corp.;

Fulton.

Co.;

Co.;
C.

Reid°&

&

Co ;

Stern

Co

&

Robert

and

J.
(

i

Barth

&

Crowell,

&

Strader. Taylor & Co.,

Tyson

and

J.

C.

Wheat &

Duquesne

Light Co. 3%%

1.

Purpose,

<fc

i

accrued

to

Merle-Smith

&

Freeman

Inc.;

Copeland
R.

Walter

Inc.

C.

&

Schmertz

Stokes

&

Co.;

Oversubscribed.




&

S.

&

'

&

Light
1,

of

Blair,

Rollins

bank

Co.,

Co.;

Dabnev

Light
B,

Co.

due

etc.

Stokes

&

Inc.;

Dick

and

Stroud

accrued

capital.

by

&

Price,

&

Co.;

&

Blair

Co.;

102.655%

Equitable

Dick

William

Securities

Merle-Smith;

&

Co.;. Laurence

Barth

J.

&

Co.

and

first mortgage

1,

for

&
&

sinking fund
Purpose, to retire

1973.

construction

interest.

Offered

Merle-Smith;

Halsey,

Saloinqn

Stuart

Bros.

&

Oversubscribed.

Inc.

Co.,

Price,

program.

by

$273,725,000

Cleveland-Cliffs

4

STEtL.

COAL,

due

loans.

Gregory"
Hanseatic

Wm.

E.

&

Son'

Corp

Pollock

Co.,

;

Inc

and

*$3,209,375

General
trust

ing

•'

1977.

with

Co.

COPPER,

ETC.

Life

3\'z%

25-year

Purpose,
Insurance

promissory

for expansion program.

Northwestern

Mutual

Life

notes

Placed

Insurance

Co.

Co.

Sold
Life

Co.

American

certificates,

June

1,

privately
Insurance
and

Transportation
series

1973.

52,

Purpose,

due
to

shares

through Kuhn,
Co.,

Prudential

3.80%

Loeb & Co.

Northwestern
Insurance

Corp.

Co.

Mutual
of

equipment
and

to
new

to

includ¬

Life

Insurance

due Aug.

notes
stock

common

'

5

<

10

(par

shares of stock.

1,

1961
in

cents)

to

Purpose,

Price, $530
Jackson &

•

RUBBER

Rubber
Nov.

to

5%.

Corp.

mortgage bonds due
refunding ($200,000)
capital ($400,000). Sold

first

Purpose,

1965.

1,

expansion

working

and

,

MISCELLANEOUS

Investment

Discount,

&

debentures,

subordinated sinking
1963.
Purpose, for
privately
through

6%

Inc.

due Sept.

series C,

corporate

1,

Placed

purposes.

Reynolds' & Co.
*500,000
'

Central

6%

Inc.

■

capital

debentures,

Purpose, for general corporate

1965.

1,

Placed privately through Reynolds & Co.

purposes.

175,000

Discount,

Aid: Investment &
series A. due Sept.

Ohio

Co.

Tractor

due Sept.

bentures

15,

5M>%

12-year

fund de¬

sinking

Purpose, to repay bank loans

1965.

working capital. Price, 100% and accrued interest.
Underwritten by The Ohio Company.
i
and

for

.

*750.000

series

bentures,
inclusive.

Genera!
volumb

E.

W.

Co.;

Eaird

de¬

1963,
Placed

eight-year deben¬
finance increased
accrued interest.

Sullivan

Erown

Bartow

Co.,

&

Co.;

&

Co.;

Fitch,

Co.;

Bear,

Boettcher

Inc.;
Inc.;

J.

C.

Co.;

Baker,
North

Bateman,

Stearns

Phillips

Co.;

and

&

Company;

Bradford

Burke & MacDonalrf;

Caldwell,

(Inc.);

Barret,

Leeds
&

Inc.;

Co.,

Auchincloss,

Whipple &

Inc.; Biddle, Whelen & Co.;
Rollins & Co. Inc.; Blunt Ellis

Co.

&

Sons;

&

Kraus;

Williams

Blair.

&

Co.;

Bacon,

Baker, Watts &

&

Co.

&

Co:;

Blyth

Simmons;

Co.

&

Aslmiun

Co.;

Inc.;

Co.;

&

S.
&

Burge

Becker

Elair

Bosworth.

Co.,

Baxter,

Co.;

G.

A.

&

Emerich

Ames,

C.

Bache

Ball,

Barth

J.
&

and

to

and

99%2%

Inc.;

Co.,

Strudwick;

Co.;

Eichler

William

19551 to

Morgan Stanley & Co.; A. C. Allyn &
Brothers; American Securities Corp.;

by
&

&

&

&

Price,

<fc .Redpath;

Weeks

Co/;

Purpose,

1961.

15,

business.

Ames

Robert

&

25,

Aimstedt

Inc.:

A.

37b%

Acceptance Corp.

Sept.

of

Underwritten
Co.

Sept.

,

Motors

due

tures

annually

due

subordinated

serial

for general corporate I purposes.

Purpose,

privately.
150,000,000

A,

4%%>

Corp.

.Discount

Commercial

H.

M.

Central

&

Co.;

Byllesby
National

Corp.; Central Republic Co, (Inc.); ChaCe, Whiteside, West
& Winslow, Inc.; E. W. Clark & Co.; Clark, Dodge & Co.;
W. Clarke Corp.; Coffin &-Burr, Inc.; Coggeshall

Richard
&

Hicks;

Cooley

C.

&

C.

&

Co.;

Townsend,

Davis,

Inc.;

Courts
&

&

Inc.;

Julien Collins & Co.;

& Co.; Crowell. Weedon & Co.;
J. M. Dain & Co:; Paul H. Davis

Skaggs & Co.; R. L. Day & Co.; De Haven
& Bodine;. Dempsey-Tegeler & Co.;
R. 3. Dickson & Co., Inc.; Dillon,

Crouter

Co.

Inc.;

Dominick

Corp.;

Co.;

Merle-Smith;

&

Read

Codings & Co..

Co.;

House

Doolittle

Dixon
&

&

Eastman,

Co.;

&

&

Co.;

Dominick;

Bretscher Noonan,
Dominion
Securities

Dixon

The

& Co.; Francis I. du Pont
Co.;
Elkins, Morris & Co.;

Co.;, Drexel
Dillon

&

Emanuel,
Deetjen
&
Co.;
Equitable
Estabrook & Co.; Clement A. Evans & Co.,

Co.;

Inc.; Fahey, Clark & Co.; Farwell, Chapman & Co.; Fauset,
Steele

&

Co.;

Ferris

&

Co.;

equipment.

Metropolitan

America.

of

Underwritten

Securities Corp.;

quarterly

Co.

for working capital.
by
Paine,
Webber,

Elworthy

construct

program.

Insurance

and

unit.

Aid

&

EQUIPMENT MANUFACTURERS

&

Co

to

Aetna

Patter-

Inc.; Stern Brothers & Co
Thomas & Co. and Weeden & Co
\

•

1958

privately

Iron

expansion

5'/2%

eight-year

Corp.

&

'

*$5,000,000

Co.

&

due Jan. 1.
Placed

promissory note
Life

300

Curtiss,
!

4'/4%
for

Purpose,

Metropolitan

demand notes

Alex.

4%

& Webster

Struthers

Wood,

and

and

Anderson

Inc.;

Sept.

and

and

Co.

Salomon

Co.

&

101 ?a%

Hutzler;

Co.;

Co.

Hirsch

Co.:

series
loans,

Walter

Offered

&

&

Marache
Gas

&

Inc.

working

Co.

&

note

general

Christensen.

Pressprich &
The Robinsoii-

4%
first mortgage bonds,
Purpose, to repay bank loans
capital stock of Interstate Power

and

&
Singer,

Co.;

Stroud & Company, Inc.; Thomas & Co.;
& Co.; Wertheim & Co.; White, Weld

privately.

Patterson,

1983.

interest.

&

Co.;

&

+

$500

a

serially
and for

Co.;

Swiss American Corp.; Thomas & Co.;
Co.; Weeden & Co. Inc.; Wertheim

acquisition

Marks

&

W.

Inc.;

Rothschild

&

Schwabacher

Inc.;

Silberberg

Co.;

&

Putnam

Hutzler;

Bros. &

Saloman

Smith, Barney & Co.; Stone

Line Co.

with

of

Parker

Pressprich

W.

Illinois

Corp.;

R.

&

Mil¬

&

Pomeroy,

Scranton

1965.

*$600,000 O'Suliivan

Corp.;

Gi'egory & Son,

Writer

Co.,

Co.;

&

The

Beane;

Piper, Jaffray & Hopwood;
&

Witter

Pipe

Curtis.

Merle-

Michigan

of

Inc.;

&

&

jMcKelvy

$4,225,000

Securities

&

Wisconsin

bonds,

Mar-

by

Co.;

Inc.;

Cook

Corp.;

135.000

per

Co.;

&

Dick &

Co.;'The

Peters,

Co.,

Lehman

Corp.;

Co.;

&

Lynch; Morgan Stanley
& Co.; The Ohio Co.; Paine, Web¬

Hutton

in¬

Inc.; Blair, Rol-

Clayton

Hanseati'c

Yantis & Co.

Power

IRON,

bank

&

Inc.;

&

Kidder,

McCormick

Fenner

Rothschild & Co.;

Anthony

Oil

Nyson

Dick

New York

Kendall,

York

Brothers

Noel

due Sept.

$3,000,000 Worcester

Pacific

Inc.; Townesend,

G,

Williams

Co.;

First

Co.;

Hulme,

Co.;

Laird, Bissell & Meeds;

Patton

Leonard

&

Weeks;

&

Illinois

Co.;

McJunkin,

Noel

Wyatt,

Sheafson, Hammill & Co.; F. S.> Smithers

Co., Inc.;

accrued

M.

•

mortgage bonds due

Offered

i

son,

'

Foster

Co.;
Hirsch

Hughes
Inc.; L. F.

Co.,

and F.

and

institutional

Co.

Co.;

&

Michigan

of

First

Co.;

Higginson

&

Pierce,

W.

Chaplin

Hayden,; Miller

The

Lee

Moore,

F.

to

repay

debentures,
due
bank
loans.
Price,

&

&

&

Inc.;

Lynch,

Dean

Houston

and

5%

Becker

&

Co.;

Pollock

Stern

for

Co.

first

repay

interest.

Muilaney. Wells & Co.:

,

Co.;

L.

Co.,

units

'

with

Inc.;i Courts &

Kendall,
E.

Granbery,

Arthurs,

J
?
"

&

Swiss

Co.;

Alstyne,

Co.,

Baxter,

Blair

•

Sept
Price, 101 93%
Halsey, Stuart & Co
Lestrange & Co.; Aspden, Robinson & Co •
Ball, Burge & Kraus; William Blair & Co.; Courts & Co':
S. K. Cunningham & Co., Inc.; R. L. Dav
Co*
Dick
1983.

and

Inc.;
i'

Weedon

G.

New

R.

Northwest Co.;
William R. Staats & Co.; Sutro & Co.; Sweney, Cartwright
& Co.; Carolina Securities
Corp.; Davenport & Co.; A M
Law
& Company;
Irving Lundborg & Co.; Reinholdt &
Gardner;

$12,000,000

Co.;

shall; J. J. B. Hilliard & Son;

&

Corp.;

Gariett

& Sons; Granbery, Marache &
Co.; Heller, Bruce & Co
Laird, Bissell & Meeds; Schwabacher & Co.; Cohu & Co

&

&

of

Co.
and

•

First
Co

225,000

Robinson-

&

Van

Green', Ellis & Anderson;

Coe;

Alstyne,

series

Brothers

Bradford

Co.;

&

Co.;

&

$8,000,000 Wisconsin

& Co.; Clark, Dodge &
Co.; Hayden, Stone & Co ;
Shields & Co.; Francis I. duPont & Co.; Central Republic

Co.

Co.;

Chas.

1954

*$1,360,000

Kraus;

William

Steele

Co.;

& Co.

Offered

&

&

Fauset,

Wm.

Van

interest.

Robinson

Burr,

Stroud

Bros1,

The

Co.;

Offered by Halsey, Stuart
Co., Inc.; American Securities
& Co.;
Auchincloss, Parker &

Raffensperger,

refunding mort¬

accrued

&

Jackson & Curtis;

Co.;

privately

bonds series A.
bank loans and for

repay

Bacon,

OIL

*$4,000,000

Phelps,

Co.

to
&

accrued

Co.;

f.

Co.

deben¬
program

and

$60,150,000

Co.;- Schoellkopf,

&

repay

fund

(Inc.);

Co.

Oversubscribed.

interest.

Allyn

Burge

Bros. & Hutzler;

construction

&

Purpose,

Coffin &
&

to

D,

working

companies

expansion

99l/2<%

Hornblower

Masten

Newhard,

Co.;

&

mortgage

privately

Co.;

series

and

sinking

for

Price,

Co.;

&

Co.;

E.

Co.;

Tucker,

Hanse-

Jivcf;

Stokes

%

debentures,

insurance

37/s%

Steele

Co.;

&

A.

'

C.

Inc.;

Hurnphrey
&

Salomon

Co.

for

and

Purpose,

and

Corp.;

insurance

Purpose,
Placed

accrued

A.

Hallgarten

Co.;

and

first

Stearns & Co.; A.

&

Copeland

Noyes & Co.; Wertheim & Co.; Eastman, Dillon
W. C. Langley & Co.; F. S. Moseley &
Co.; Phelps

Co.;

lins

4%

&

and Dean Witter

expansion

Republic

Humphrey,

Merrill

fund

Ball,

Mackall

i

Co.

first

1983.

1,

Boston

&

&
&

Hentz

H.

&

Company;

Barney

Anthony

Inc.; Courts & Co.; Crowell,
Merle-Smith; Drekel & Co.; Esta¬

Sachs

Langley

Securities

advances

by

New 'York

Inc.;

Wertheim

Transmission

Aspden,

Inc.;

bonds,

expansion

Co.,

Shearson,

&

Kendall,

Walter

&

Putnam

Gas

Inc.;

Freeman

Hemphill,
&

Co.

Inc.;
first

4%

&

E.

Burr,
&

&

Deane & Scribner;

the

Hallgartep

Co.;

Oversubscribed.

1983.

1973.

101.90%

Smith;

and

by

M.

Co.

Inc.;
&

Rothschild

F.

Inc.;

Co.

through

1,

Corp.;

bank

Co.

Telephone
Oct.

panies

gage

convertible

Kidder,
Peabody &
Loeb, Rhoades & Co.;
HUtton & Pomerov, Inc.; and

Carl

modernization.

$35,000,000 Duke

3%.

Purpose, to retire
construction.
Pripe,
100.75%

Schoellkopf,

*1,600,000 Commonwealth
series

1963.

Underwritten

&

Co.;

lfc

Corp.

C.

ber,
&

24-year

Co.; AuchinBacon, Whipple

Co.;

Smith,

by The First Boston Corp.;

Fauset,

&

&

parent.
Halsey,
Allison-Williams Co.;

Wells & Co.;

Inc.;

Co.

construction.

Bear,
i

Electric

Son,

Bruce

Thomas
&

1,

Sept.

Sept.

Co.

debentures,

4

Corp.;

Redpath;

&

L.

Co.,

&

Water

Corp.;

Gas

Co.;

Goldman,

Noyes

Co.;

require¬

repay

Co.,

Offered

Robinson

Copeland
Pollock &

E.

Inc.;

Waggoner.

and

&

Wrm

Weeden

&

Hudson

Peck;

&

&

Heller,

Patterson,

$20,000,000 Tennessee

Placed
.

Scranton

Gregory

Stamford
new

Hydraulic
Co.
3.85%
first
mortgage bonds,
N, due Oct. 1, 1983. Purpose, to repay bank loans
for new construction.
Sold privately through Chas.

Central

to

Telegraph
interest.

Aspden,

Muilaney,

Nicolaus

Bridgeport

W.

Adams

Co.;

Co.;

sel'ies

6,000,000

Co.;
&

due

,

Liie

bonds

loans.

&

&

Dick

•

prfvately.
*1,500,000

<fc

vestors

1978.

Purpose,

&

4'/2%

Purpose,

Central

Co.;

McDonald

mortgage

33/4%

Co.

&

& Co.

Peabody & Co.; Kuhn, Loeb & Co.;

Inct; Shearson, Hammill & Co.; Shields
Company; F. S. Smithers & Co.; Stern Brothers <fc Co.;

&

Co.

1,

Inc.;

&' Coe;

American

with

Northwestern

to

Lincoln

1977.

1,

accrued

Strudwick;

Corp.;

Stifel,

mortgage bonds
bank loans and

privately

Co.

(Inc.);
&

Schoellkopf,

Telegraph

Co.,

W.

Higginson
Lynch, Pierce,

Co.;

Tucker,

for

loans.

Underwritten

Brothers;

institutional

with

Eber-

&

Weeks;

Merrill

with

Co.

1978.

bank

Coffin

W.

Hutton & Pomeroy,

1

repay

&

Telephone
and

Co.
&

Haupt

Neal

Co.

Sept.

Humphrey Co.,

bonds

'

first

capital

for

privately

Ripley

Co.;-. Lee

&

Weld

Corp.

Brake

1,

Applegate

Bear,
Rothschild

Burnham and Co.;

Co.;

atic

loans.

mortgage

4:,4%

Co.

Purpose,

Placed

White,

Purpose,

Air

Sept.

Co.

brook

Corp.;
F.

L,

Dom¬

F.

Securities

Stone & Webster Securi¬

Inc.;

privately

liquidate

Hemphill,

C.

Parker & Redpath; Bache & Co.;
Laker, Weeks & Co.; Bear, Stearns & Co.; William
Co.; Blair, Rollins & Co. Inc.; Stocktpn Broome

Mackall

bank loans and for

Lazard

Purpose,

construction.
Life

Insurance

first

and

Co.;

&

Co.;

Hornblower &

Schwabacher

Co.,

&

1973.

&

Fenn

repay

Gas

1973.

par.

Telephone

due

&

Freeman

Pur¬

.

4'/a%
to

1978.

bank

repay

investors.

*1,200,000 Arkansas-Missouri' Power
1,

to

due,

Securities

Co.,

Inc.;

Co.;

Weedon

and
A.

&

Equitable

Harriman

Shuman, -Agnew

Company:

bank

repay

Clayton Securities Corp.; Julien
Collins & Co.; Dick & Merle-Smith; Fauset, Steele & Co.;

Price, 100%, and accrued inter¬
through The First Boston Corp.;

privately

Stuart

and

The

100.874%

Pont

&

Mor-

Inc.;
Baker,
Co., Inc.; Alex.

Dominick

Co.;

&

by

Cd.,
&

Co.;
du

R. Staats & Co.;

Plywood

1,

due
to

interest.

Brothers;

&
I.

&

Peabody

Marks

&

Whipple & Co.; Robert W. Baird & Co., Inc.; Baker, Watts
& Co.; Llunt Ellis & Simmons; Blyth & Co., Inc.; Stock¬
ton Lroome & Co.; Alex. Brown & Sons;
H. M. Byllesby

,

Bell

102.07%

Blair

purposes.

institutional

due,, Sept.

bonds

and

.•

Louisiana

corporate

Sept.

Teachers

America

mortgage

construction

privately.

due, Sept.

for

and

Co.

of

due

at

American

&.G'o.;

Ira

5%

new

*35,000,000 Arkansas

15

Life

&

Natural

bonds

Southern

closs,
mortgage

Reynolds

to

Price,

Underwritten

Paine, Webber, Jackson & Curtis; R. W.
L. F. Rothschild & Co.;
Schoellkopf,

Placed

waukee

Anderson

first

States

Sept.

tures

first mortgage

Purpose,

Lehman

M.

&

Westinghousc

Co.

debentures

Se-

Co.
Co.

Halsey,

1983.

by

American

Inc.;

4%

Doolittle

through Eastman. Dillon & Co.
35,000,000

Philadelphia

of

Webber,

and

Oversubscribed.

*5,000,000 United

and

York;

New

Paine.

Co.

Blyth

Co.;

&

Kidder,

Stroud

Walker

H.

Co.

due

Sachs

Co.;

Corp.;

Co.;

to ,yield

UTILITIES

Co.

Annuity

Gas

est.

1,

Offered

Co.,

Price,
investors.

Purpose, for general corporate purposes,
Placed
privately with The New York Life Insurance Co.,' Massa¬
chusetts

G.
&

Investors Mutual

Co.

Hampshire

construction.

new

ments.

E,

1978.

other

Insurance

New

Co.;

&

Stuart

Placed

Life

of

interest.

Stearns

pipe

due

PUBLIC

pose,

Co.

for

and

Allyn

Co.

&

3.35%,

Bros.

Alexandria

of

Co.

Walker

H.

Co.;

&

&

Dodge

Francis

Noyes & Co.;

William

Co.;

ties

first mortgage; pipeline
for new construction.

Insurance Co.;

Co.;

G.

for

accrued

and

Co.;

&

Baird

Co.;

Elworth'y

Pomeroy,

Hammill
&

Corp.;

Service

accrued

curities Corp.; and Stroud & Co., Inc.

Allied

Life

Mutual

Co.;

Beane;

&

&

Clark,

&

Inc.;

Laurence

Hutton

Forgan & Co. and Stone
with New York Life Insurance

Insurance

&

Graff

W.

Barth

Co.;

Pressprich

others.

Public

&

Fenner &

Hicks. ;

&

100%

interest.

accrued

Goldman,

Corp.;

Glore,

Corp.

Life

bonds, series G, due Sept.

in¬

1968,

$12,390,000

*150,000

4'/2%

Purpose,

through

Securities

Mutual

Coggeshall

Co.

1973.

Provident Mutual

Inc.;
and

certificates,

1954

Company;

equipment

Purpose,

2.80%

ance

1,

privately

The

Northwestern

Corp.;

Pipeline

June

Webster

Price,

*$1,925,000

Basin

due

and

Purpose,

Price,
&i

Co.

subordinated

1965.

Estabrook

Robert

Sons;
Co.

Hutton

Inc.

Co.

Pollock

McMaster

$2,320,000

first mortgage 4%
bonds, series
for
new
construction.
institutional
investors ■ through

,

Williams
Wm.

Co.

Peruvian

&

Inc.; Hemphill.

Inc.

& Co.,

&

1,

Burnham

TOwnsend,

J.

Drexel
&

Corp.;

Corp.;

Purpose,

1983.

with

&

Purpose, for new equipment. Price to yield from
3.40%
according to maturity. Offered by Halsey, Stuart & Co, Inc.;
R. W. Pressprich & Co.; L. F.
Rothschild
&
Co.;
Blair, Rollins & Co. Inc.;
Baxter,
to

1,

privately

Co.;

clusive.

2.85%

and Stroud

Corp.,

Staats

convertible

Sept.

1,

($1,125,-

($1,875,000).

America.

and

Co.;

capital.

July

Placed

Sttoud

Higginsoh

Lee

by

Co.;

Co.;

&
&

inick;

loans.

Paine, Webber, Jackson &
Co.; Smith, Barney & Co.;

&

Securities

Stanley &

bonds

3'/2%
equipment trust certificates, series V,
semi-annually April l, 1954 to Oct. 1, 1968. inclusive.
Purpose, for new equipment. Price, to yield from 2.80%
to
3.55%,
according to matuiity.
Offered by Salomon
&

due

to
Of¬

due

Bros.

Webster

Morgan

to

$3,420,000 Reading Co.

and

Co.;

Pressprich

W.

R.
&

Co.;

&

&

Placed

equipment

from

equipment.

3.10%
to 3.85%,
according
by Blair, Rollins & Co. Inc.

fered

Marks

*1,000,000 Peninsular Telephone Co.

RAILROADS

&

Langley

C.

M.

&

of

100%

stadt

Oversubscribed.

Later Than Five Years)

Indianapolis

1978.

&

Laurence

Long-Term Bonds and Notes (Issues Maturing

$$900,000 Chicago,

bank

repay

5%2%
due

working capital.

Curtis;

Co.

Stanley

Dodge & Co.;

Estabrook

INet retired.

to

through William R.

Sept.

refunding

purposes

Oversubscribed.

surance

Dominick & Dominick; Drexel & Co.;
Co.; The First Boston Corp.; Folgor, Nolan
Goldman, Sachs & Co.; Harriman Ripley & Co.,
Harris, Hall & Co. (Inc.); Hemphill, Noyes & Co.;
Hutton & Co.; Kidder, Peabody & Co.; Kuhn, Loeb

Clark,

and

Purpose,

&

Purpose,

corporate

15,000,000 Stauffcr Chemical Co. 37/s% debentures, due Sept. 15, 1973.
;
Purpose, to repay bank loans and for new construction.

Price,
102.70% and accrued interest.
Offered by Morgari Stanley
& Co.; Robert W. Eaird & Co.,
Inc.; Blyth & Co., Inc.;

Servictf

Corporation,

and

Farmers

dated

notes

*500,000 Packard-Bell Co. 4%% secured trust deed no$e, due 1968.
Purpose, for expansion.
Sold privately to Prudential In-

31-year debentures

Telegraph Co. 4%,

&

1984.

15,

Sept.

1963.

1,

general

Bache

Co.

Weeks

first mortgage bonds due

promissory

Underwritten

Jackson
&

Purpose, to repay bank loans and for new construction.
Placed privately through Chas. W. Scranton & Co.

•Comprises sales
«o!d

37/u%

Gas Co.

Haven

Sept.

for

privately

Brown
Total

4-?4%

Hydraulics,
Inc.
sinking tund debentures,

'

Purpose,

Co.

1,500,000 Greer

'

'

Ltd.

due

and

expansion

Purpose,

construction.

(Inc.);

160,952,000

September.

Corp.

1953

Society.

the United States.

Louisiana

177,627,00 3

MANUFACTURING

Inc. first mortgage bonds.
Placed privitely
with

program.

Traders Life Insurance

000)

Shearson.
Total

Huller Co.,

expansion

*3,000,000 Fluor

Mitchum,

and

Corp.*

Co. 4%%
promissory note.1 Pur¬
($540,0001 and for capital expenditures
privately to Equitable Life Assurance

Sold

due

48.3C4.000

Notes

&

Telephone

of

Society

new

57.500.000

first

Co.

refunding

Offered

105,864.000

for

Placed

($460,000i.

SeptemberCertificates

INDUSTRIAL AND

*$150,000 Engelberg

con¬

Co., and Connecticut Mutual
Paine, Webber,, Jackson &

Securities

Webster

Insurance

Gatos

Los

i'12,000000
Total

through

Co.,

&

Gas

Life

pose,

381,355,000

—-

OTHER

first

acquisi¬

for new

interest.

August—
Certificates

finance

to

loans and

Co.

Shore

World

147,333.000

105,109,000

July

Insurance

construction.

new

bank

privately with New York Life Insur¬
General Life Insurance Co., Mu¬

Life

Stone

<fc

*550,000 Lake

4V»%

Southwest

Purpose,

>

repay

Connecticut

Co.,

Curtis;

1

the

of

1983.'

to

Placed

struction.

Issued

Co.

due

properties,

Monday, January 25, 195$

...

•Represents Issues placed privately.
^Indicates issues sold competitively.
♦Indicates

special

offering.

Field,

Richards

&

Co.;

The

Volume 179

Number 5293

First
*

Boston

west

-

•

Corp.;

Michigan

First of

i

First South-

Corp.;

&

Co.;

F

Goldman, Sachs & Co.; Goodbody & Co.; Goodwyn & Olds;
Marache & Co.; Grant-Brownell & Co.; Green,
& Anderson; Gregory & Son, Inc.; Hallgarten & Co.;
Hallowell, Sulzberger & Co.; Halsey, Stuart & Co. Inc.;

notes

'*•

15,

Harriman

Ripley

Hall
&

Hemphill,
&
-

&

■

-

&

8c

Co.;

Noyes &

Inc.;

Co.,

(Inc.t;

Co.

Hayden,

Co.;

H.

Heller,

Hentz

i

G.

Johnson,

Space

Lane,

8c

Co.,

j

Kay,

Richards &

Co.;

Loeb

Kean,

Co.;

Kidder,

Kuhn,

Peabody
Co.;

Taylor

«&

f

Laird

Co.;

&

A.

ingstone,

Crouse

3-year

Rhoades

Loeb,

M.

Co.;

&

Co.
t*

&

Co.;

McDonald

M'cMaster

&

Lynch;

&

Fenner

The Milwaukee Co.;

F.

Co.;

Miller

Mead,

Merrill,

Eeane;

&

&

■

Mullanev,

Co.;

&

fiscal

agent.

Bank
Reconstruction

for

dated

Oct.

and

Securities

American

Corp.;

Bleichroeder,

S.

Trust

Auchincloss,

Inc.;

Stearns

Co.,

&

&

Blair

Co.;

Blyth

Co.;

Inc.;

& Co.,

Co.;

Co.;

Braun,

&

Co.;

Packer

&

Becker

G.

A.

Co.

&

of

F.-

Republic

the

C.

City

of

Co.

(Inc.);

York;

New

&

The

Sullivan

Newbold's Son

&

& Co.; Newhard,
Cook & Co.; Paul J. Nowland 8c Co.; The Ohio Co.; Pacific
Northwest Co.;

•,

Newburger

Co.;

Webber,

Paine,

Jackson

Curtis;

&

•

Childs

&

&

written

Schaedle

Bank

National

&

Trust

Bank

&

Co.;

Peters,

Trust

Collins

Co.

Chicago, and Straus, Blosser &

of

Co.;
&

Parrish

Clark,

Dodge

F.

Co.;

Co.;

Piper,

Inc.;

a

W.

&

Julien

Co.;

Craigie

Co.,
&

&

&

t'

>'''

Co.;

Colljms

Crowell,

Co.;

Co.,

&

Inc.;

Reynolds

Gardner;

Julius

Rippel,

A.

&

Irving

Co.;

Inc.;

Riter

brook

Tracy,

child
8c

Inc.;

&

Schneider

*

&
1

&

Sills,

&

&

F,

Co.;

Smith,
&

Co.;

Stein

Frank,

•

Co.;

&

&

^tillman,

Maynard

Webster Securities Corp.;

Co.;

8c

&

Stix

&

&

Hayden,
Bruqe

Erothers

<

•

G.
8c

Alstyne,
Walker

H.

Gibscn;

Weld
&

Noel

&

Co.;

8c

G.

Harold

Struthers

Dulles

&

Co.,

&

Wood,

Co.;

Corp.

Purpose,

Inc.;

.

due

Corp.;

Beane;

Webster

&

Moseley

&

8f

Newhard,

Wurts,

June

1,

inclusive.

1970-1973,

&

-

■

150,000

1,

Sept.

Roll

17,

struction.
■

surance

'

>

• •

6%'

Discount

200,000 Owners
due
at
,

*150.000

Sept.

Fenn-Jers«y

and

11

Line

Pipe

Co.

for ^new

Co.

Farms

,*

4V2%

20-year

insurance

companies

&

&

Co.,

Inc.;

Chas.

W.

Bros.
Schwa¬

G.

Co.,

Wood,

and

written

Co.;

Piirposc,

12,300,000 Honolulu
to

-

5%

(City

Offered by Grande

construction.

and

and

sewer

Oct. 1,

School District (Alaska), 4%
&
due
Aug.
1,
1954-1963, inclusive.

bonds,

Co.,

&

Co.;

(Territory

•

series

A,

inclusive.

yield

2.90%

of)

Sept.

for

by

Savings

&

Corp.;

Co.;

Hill

&

Co.

2,000,000

Wisconsin

W.

OIL

Colorado Oil
1956.

computed

Gas Corp. 5%

&

3-year

notes,

of

at

of

j

due

Investment

June

15,

promissory

1956.. Purpose,

11,

Placed

!

v

$l,599,L^i Central

due

March

1955.

for

new

by

body

15,

Price.

Finance
and

First

Jackson

&

table

&

Co.;

&

Bacon,

Co.;

W.

mons;

Collins

&

Alex.
&

Johnson,

Hagan,

Co.;

&

&

First

&
of

Co.;

Blyth &

Sachs

&

Co., Inc.;

Co.;

Kidder,

t

Kuhn,

Co.

Inc.;

8c

Sons;

The

Michigan
Loeb

&




pre¬

Light
stock

for

new

Wells &-.Co.; W.

Co.;

Pacific

H.

Northwest

Curtis;

shares

20,000

Co.
(par

$100).

of

Purpose,

construction.

Price,

4.80%

to repay
at

par.

Sheldon

& Co.; Braun, Monroe and Co.; Brewr
Gardner F. Dalton & Co.; H. C. Deni-

Gillespie

Loewi

&

by

Harley, Haydon & Co.,
Marshall Co.; The Milwaukee
G. Thorsen and Ver Meulea

Wouters;

&

The

Co.;

Riley & Co.; Adolph
Co.
Oversubscribed.

Co.;
&

&

for

company

Jenkins Co.;

Co.;

Inc.;

are

The Illinois Co.;
Loewi & Co.; MasonCo.
Oversubscribed.

ino

&

Price,

to

shares

142,154
repay

$11.25

by

Underwritten

per

common

Corp.

by

new

for
Offered

Purpose,

share.

Cook

J

Public

&

for

All subscribed for.

Service Co.

Co.

Oversubscribed.

.6,249,630 Duke Power Co. 208,321 shares of common stock

Purpose,
Offered

holders,

(no par).

Price, $30 per
by company for subscription by common
without underwriting.
for

Light

Co. 329,194 shares of common
and for
by com¬

subscription

&

shares

by

common

stockholders.

Unsub¬

(98,703). Underwritten by

Robert W. Baird & Co., Inc.; A.

Co.

Co,

Inc.;
&

Ballou,
Adams &
Company
Inc.;
H.
L.
Inc.; The First Cleveland Corp.; MasonMcCourtney-Breckenridge 8z Co.; Newhard,
and
Peters,
Writer
&
Christensen,
Inc.

&

Smith, Barney &.
C. Allyn & Co., Inc.;
Aim & Co.; Ames, Emerich & Co., Inc.; Bacon, Whipple &•
Co.; A. G. Becker & Co. Inc.; Bell & Farrell, Inc.; A. C.
Best
8c Co.;
Bingham, Sheldon & Co.; William Blair &
Co ;
Blunt Ellis & Simmons; Blyth & Co., Inc.; Braun.
Monroe
and Co.; Brew Emeh Jenkins Co.; Central Re¬
public
Co.
(Inc.);
Clark, Dodge & Co.; Gardner F.
Dalton & Co.;
H. C. Denison Co.; Farwell, Chapman &
Co.; The First Boston Corp.; Gillespie & Wouters; Glore,
Forgan & Co.; Goldman, Sachs & Co.; Harley, Haydon
& Co., Inc.; Carter H. Harrison & Co.; The Illinois Co.;
Kidder, Peabody & Co.; Loewi & Co.; The Marshall Co.;
McCormick & Co.; Merrill Lynch, Pierce, Fenner & Beane;
The
Milwaukee
Co.;
Mullaney,
Wells
& Co.; Alfred
O'Gara & Co.; Paine. Webber, Jackson & Curtis; Riley &
Company; Shields & Co.; Sills, Fairman & Harris, Inc.;
Adolph G. Thorsen; Ver Meulen & Co. and White, Weld

Pea¬

company

for

pany

Co.;

17,824 shares of
construction pro¬

by

Power

(par $10).
Purpose, to repay bank loans
construction. Price, $19.60 per share. Offered

scribed

stock¬

Kidder,

Wisconsin
stock

of

bank loans
share.
Of¬

Co.

Electric

par).
per

Corp.

subscription
&

V 6,452,202

Prescott,

Hagan,

.

$23,450,000

while

Jones, Kreeger & Hewitt;
Merrill, Turben
Shepard
& Co.,
Inc.; Wagenseller &

Co.;
Inc.;

Emerson

&

Corp.;

Gas

$1.1.25

Illinois

Co.;

Durst,

Co.
(Inc.); Mc¬
Blunt Ellis & Sim¬
Milwaukee Co.; Julien

Hall

for

Estabrook

and

stock

Illinois

Hemphill,

C. Allyn & Co.,
Republic Co.; Equi¬

A.

Trask & Co.;

Space and Co., Inc.;

and

&

Co.;

&

Central

Harris,

Spencer

Brown

Co.;

Becker

Hutton

Corp.;

Co.;

Lane,

Inc.

Blair

Goldman,

G.

A.

E.

Whipple

Securities

Cormick

debentures, due
receivables.
Underwritten by Lee
increased

Co.;

Weld

Noyes
Inc.;

Corp.;

par,

350,000 shares of com¬
mon stock
(par $10).
Purpose, for construction program.
Price, $18.37% per share.
Offered by Blyth & Co., Inc.;
Merrill Lynch, Pierce Fenner & Beane; Stone & Webster
Securities Corp.; Paine, Webber, Jackson & Curtis; Dean
Witter & Co.; Hallgarten & Co.; Riter & Co.; Shields &
Co.; Alex. Brown & Sons; Schoellkopf, Hutton & Pomeroy,
Inc.: F.
S. Smithers & Co.; Hayden, Miller & Co.;
The

five-year

finance

interest.

at

I

Purpose,

Oversubscribed.

£6,431,250 Central

Smith, Barney & Co.; Paine, Webber,
CurtF;
Stone
&
Webster
Securities Corp.;

&

White,

William

Boston

Peabody

3%%
to

accrued

Higginson Corp.;
The

Corp.

Purpose,

1958.

100%

taken

Electric

subscription by employees.
i

Sept.

&

par).

constiuction.

Hudson

Price,

gram.

privately.
10,000,000 Household

are

all classes of common stock

prices.)

Gas
(no

company

Co.

&

200,520 Central

promissory notes,
working capital. Sold

for

Purpose,

offering

stock

holders.

notes,

(or general

privately.

Acceptance Corp. 3Vh•%

15,

value

par

value and

Hudson

common

common

General Motors

par

their

fered

2%-3\'i%

Co.

1956 to Aug.

purposes.

Emcn

PUBLIC UTILITIES

and

corporate

no

v

MISCELLANEOUS

*$5,950,000 Associates

stated

a

Ohio

due Sept. 21,

interests in proven and
unprovfcu acreage,
and lor drilling and development ex¬
penses, etc.
Placed privately with Union Securities Corp.
for acquisition

Purpose,

stock

stocks of

and

Underwritten

Bingham,
son

ferred

by

holders.

STOCKS
(Preferred

Mullaney,

The

subscription by preferred stock¬
Smith, Barney & Co.; Robert
Baird & Co., Inc.; Aim & Company; A. C. Best & Co.;

Offered

$7,950,000

and Including Five Years)

Co.;

Jackson

Power &
preferred

loans

bank

t

Short-Term Bonds and Notes (Issues Maturing Up to

&

Co.;

&

Webber,

cumulative

&

$240,440,000

r

Moseley

Prescott, Sheparcl
& Co., Inc.; Reynolds & Co.; Riter & Co.; Rowles, Winston
& Co.; Salomon Bros. & Hutzler; Schmidt,
Poole, Roberts
& Parke; Schoellkopf, Hutton
8c Pomeroy, Inc.; Scott &
Stringfellow; Chas. W. Scranton & Co.; Shields 8c Com¬
pany; Smith, Barney & Co.; Spencer Trask & Co.; Tucker,
Anthony
&
Co.;
Underwood,
Neuhaus
&
Co.;
Union
Securities
Corp.;
Vietor, Common, Dann & Co.; G. H.
Walker & Co.; Dean Witter & Co., and Yarnall & Co.
.

Of¬

Laurence

Malvern

Beane; Merrill,
Mitchum, Tully &

Son

Paine,

Co.;

and
Co.;

Mercantile Trust Co.; Equitable
M. Marks & Co.; Hayden, Mil¬
Co., Inc.; Green, Ellis & An¬
derson; jCentral Republic Co., Inc.;
First Securities Co.
of Chicago; R. L. Day & Co.; Andrews & Wells, Inc. and
ler

Co.;

S.

F.

Newbold's

Rollins & Co., Inc.;

Blair,

Securities

M.
Marks & Co.;
Co.; Merrill Lynch,
Turben & Co.; The Mil¬
Co.; Morgan Stanley &

Lehman Brothers;
Laurence
Inc.; A. E. Masten &

Fenner &

waukee

Co.;

public improvement bonds,
and due Sept. 15,
1956improvements.
Price,
to

1.85%
to 3,00%, according to maturity.
The Chase Nauonal Bank; Harris Trust
Bank; Salomon Bros. & Hutzler; Drexel &

Hall & Co. (Inc.); Hemphill, Noyes
Weeks; Kidder, Peabody & Co.;
C. Langley & Co.; Lee Higginson

Harris,

Hornblower 8c
# Co.; W.

Corp.;Pierce,

1953

15,

Purpose,

from

fered

due

dated

First Southwest

Co.; Glore, Forgan & Co.; Goldman,
Sulzberger & Co.; Harriman, Ripley

Reid &

Mason-Hagan,

1958 to Oct.

Purpose, for improvements.

Thomas & Co.

and

Weld
Co.,

& Bodine; Dillon, Read & Co. Inc.;
Drexel & Co.; Equitable Securities Corp.;

Co.; The First Boston Corp.;

Inc.;

,

Co.;

&

Loeb

Kuhn,

1, 1983,
Price, to yield from
2.30%
to 3.40%
according to maturity. Offered by The
First Boston Corp.; C.
J. Devine & Co.; Salomon Bros.
&
Hutzler; The First National Bank of Portland, Ore.;
Bache
&
Co.; Bacon, Whipple & Co.; Heller, Bruce &

£5,500,000 Hawaii

Baird &

Crouter

and Co.;

Fulton,

&

County of), Territftry of Hawaii, 3%
public park improvement bonds dated

1953 and due annually Oct. 1,

inclusive,-

W.

Sachs & Co.; Hallowell,

Co.

&

Robert

Co.;

&

<te

Townsend,
Estabrook

States Possessions

for new

Whipple

Co., Inc.; Bosworth, Sullivan & Co., Inc.;
Central Republic Co.
(Inc.); Clark, Dodge & Co.; E. W.
Clark
&
Co-.; C.
C.
Codings & Co., Inc.; DeHaven &
Blyth

Inc.;

Independent

school

4%%

Freeman

*7,500,000

Bacon,

Webster Securities Corp.; White,

by Stone &

&

of Georgia; Tucker,
Corp.; Wachovia Bank

Co.;

(Inc.).

*$500,000

Public Service Co. 17,600 shares of common
stock
(par 10 cents).
Purpose, for investment and for
general corporate purposes. Price, $7.25 per share. Offered
by Truster, Singer & Co. and Bioren & Co. Oversubscribed.
Southeastern

10,000,000 Tennessee Gas Transmission Co. 100,000 shares of 5.85%
cumulative preferred stock (par $100).
Purpose, to repay
bank loans.
Price, at par and accrued dividends.
Under¬

Walker & Co.;
Weeden <te Co.
Inc.; White, Weld & Co.; Dean
Struthers & Co.
Oversubscribed,

H.

&

with seven

investors.

institutional

Co.;

&

Gas &
Electric Co. 50,000 shares of 4.85%
preferred stock (par $100). Purpose, to repay
and for new
construction.
Placed privately

through Merrill Lynch, Pierce, Fenner & Beane

127,600

Scranton

Thomas

loans

bank

&

Corp.;

Securities

Union

Co.;

Co.

American

Quail & Co.; The RobinsonShuman, Agnew & Co.; Sutro & Co.;

B.

Salomon

Pomeroy,

Deane

cumulative

Julius
J.

Son;

Pacific Northwest Co.;

*5,000,000 Oklahoma

Co.;

&

Inc.;

Co.;

Henry Hen-man
Mitchum, Tully & Co.;
Inc.;

Talmage & Co.; Wachob-Bender Corp.; Harold E. Wood &
Co., and Woodard-Elwood & Co. Oversubscribed.

&
Pollock

Gardner;

<fe

&

& Co.; Crowell,
Davis, Skaggs & Co.;
& Co.; J. J. B.
The Ohio Com¬

Courts

Co.;

Cruttenden

Co.;

Humphrey Co., Inc.;

Fenn

E.

Putnam

Co.;

Stringfellow;
Singer,

Hilliard
pany;

Co.; Trust Company

White

$150,000 Fairbanks

mortgage

debentures,

Win.

Company,

&

Dittmar

corporate purposes.
Placed privately with
Central Republic Co.

amount.
through

Hutton

&

Swiss

United

general

for

principal

of

Bank;

Rothschild

F.

Co.;

&

Co.;

&

Witter &

-

Placed privately.

fund

sinking

first

L.

Scott

Co.;

G.

J.

'

fund debentures,
working capital.
Price,
Underwritten
by City

construction.

3%%

Purpose,

19p2.

91)4%

&

Trust

Inc.;

'

1,

Price,

Co.;

1973,

Purpose,

Seabrook
Feb.

Shields

Phelps,

Curtis;

Robinson-Humphrey

Schoellkopf,

&

Co.;

Anthony
-

sinking

Purpose, for
interest.

accrued

Inc.;

Hutzler;

Sutro

Securities Corp.
bonds.

*2,000,000

and

Co.,

&

The

Spencer Trask 8c

20-year capital

53/4%

Corp.

1963.

1,

100%

&

Bank.of Newark;
Hanseatic Corp.; The
Pacific Northwest

Co.;
&

Estes

Co.;

Co.;

Chiles-Schutz

Phillips
Weedon.

State

York

Ohio

Co.; Kirkpatrick-Pettis Co.;

Irving Lundborg & Co.; McCormick & Co.; Newhard, Cook
& Co.; William R. Staats & Co.; J. Barth & Co.; Batemarr,
Eichler
&
Co.;
Brush,
Slocumb & Co.
Inc.; Caldwell

Trust Co. of
Co.; Mason-

Scribner; Smith,
Barney & Co.; William R. Staats & Co.; Stein Bros. &
Boyce;
Stern Brothers! &
Co.; Sterne,
Agee & Leach;
Stetson
Securities
Corp.;
Stone
&
Webster
Securities
Corp.; J. S. Strauss & Co.; Stroud & Company,
Inc.;

subordinated
debentures, series 53-73, due Oct. 1, 1973.
Purpose, for
.working capital.
Price, 100% and''accrued interest-.
Of¬
fered by company to public, without underwriting.
Corp.

Discount

National

&

Elworthy & Co.; Goodbody &

&

J. P.
Co., Inc.; F. S.
The National

&

&

Pressprich & Co.;
Co.; Reinholdt &

W.

R.

Co.;

Aubrey

Milwaukee Co.;

The

Morton

New

The

Co.;

Inc.;

&

Corp.

company.

National

Co.;

&

Quincey

bacher

15-year

linance

to

5'/2%
first mortgage note, due
1964.
Purpose, for acquisition and new con¬
Placed
privately with a Richmond, Va.,- in-

*

250,000

E.

Rippel,

&

4 Vb %

Corp.

Purpose,

1968.

Broadcasting

Lee

Inc.;

Co.,

A.

privately.

Finance

H.

Moulton

H.

&

Co.; Dominick & Dominick; Hallgarten
Trask & Co.; Robert W. Baird & Co.,
Co.,
Inc.;
First of Michigan Corp.;
Co.; The Milwaukee CoJ; Piper,: Jaffray &
&

Hopwood; Schwabacher & Co.; Stern Brothers & Co.;
Tucker,
Anthony & Co.; G. H. Walker & Co.; Baker,
Weeks & Co.; Blunt Ellis & Simmons; J. M. Dain & Co.;

Mead,
Miller & Co.;
Lynch. Pierce, Fenner &

Paine, Webber, Jackson &
The
Philadelphia National

Co.;

debentures, due
increased receivables.
Price, 100%
and accrued interest.
Underwritten by Lee
Higginson Corp.; William Blair & Co.; Blyth & Co., Inc.;
The First Boston Corp.; Goldman, Sachs & Co.; Kidder,
Peabody 8c Co.;
Smith, Barney 8c Co.;
Paine, Webber,
Jackson
8c
Curtis;
Stone
&
Webster
Securities Corp.;
White, Weld & Co.; A. G. Becker & Co., Inc.; Hemphill,
Noyes & Co.; W. E. Hutton 8c Co.; A. C. Allyn 8c Co.,
Inc.; Bacon, Whipple & Co.; Central Republic Co.; Equi¬
table
Securities
Corp.; Harris, Hall & CO. (Inc.); Mc¬
Cormick
&
Co.;' Spencer Trask & Co.; Blunt Ellis &
Simmons;
Alex.
Brown
8c
Sons;
The
Milwaukee Co.;
Julien Collins & Co.; First of Michigan Corp.; The Illin¬
ois Co.; Johnson, Lane, Space and Co., Inc.; Loewi & Co.;
Mason-Hagan, Inc. and Kuhn, Loeb & Co. Oversubscribed.

i.

Trust

Co.;

notes,
Placed

4%
promissory notes,
Purpose, for working

Corp.

Acceptance

Placed

Household
Sept.

Cook

Northern

capital.

R.

Marine

Marks

M.

McDonald

Lee Higgin¬
Rhoades

Kalman

Inc.;

Co.;

&

Co.;

&

&

Dodge &
Spencer

Co.;

&

Co.;

&

Becker

G.

A.

Clark,

Co.;

Co.;

&

W.

Inc.;

City Bank of New York;

Inc.;

Co.,

Co.;

Hutzler;

Hut-

&

Loeb,

M.

The

Co.;
&

Merrill

Co.;

Co.;

Carl

Laurence

Turben

Co.

Morgan

Witter

Trust

McDonald

Merrill,

White,

E.

Thalmann

Langley

C.

W.

Webber,
Jackson
Dean Witter &

Paine,

Heller,

Kidder

Rhoades & Co.; F. S. Moseley & Co.;
&
Curtis;
Salomon Bros. &
Co.; A. C. Allj/n & Co., Inc.;
Co. Inc.; Central Republic Co.
(Inc.);

Corp.; Carl M. Loeb,

Bank;

Lemon

M.

A.

&
&

Smith, Barney & Co.; Stone & Webster Securities
Corp.; Union Securities Corp.; White, Weld & Co.; Drexel
&
Co.;
Hemphill, Noyes & Co.; Hornblower & Weeks;
W. E. Hutton & Co.; W. C. Langley & Co.; Lee Higginson

Hilliard

B.

J.

Weeks;

&

Johnston,
Inc.;

Brothers;

York;

Trust

Co.;

promissory

4%>

working

for

New

W.

J.

Dillon & Co.; The First
Co.; Goldman, Sach? &

Beane;

Portland

Co.;

&

Co.;

Inc.; Lazard Freres & Co.;

Manufacturers
Inc.;

Stone

Ladenburg,

Co.;

&

Lehman

Dean

&

of

Savings

and

&

Co.;

& -Co.,

Meeds;

&

& Co.,

Trust

Hornblower

Kalman

Bissell

Chas.

Motors

capital.
15,000,000

Illinois

Mercantile

.

Oversubscribed.

Co.

Acceptance

Co.;
8c

Gundy

Woodard-Elwood

Yarnall &

1978.

&

McEvoy;

&

Durst,

of

Bank

National

Noyes

Co.;

Hagan,

privately.

,

*19,905,000 General

<

1,

Lerchen

Wertheim

Inc.;

Douglas

Co.;

8c

and

Motors

Sept.

Co.

Wood

E.

Wood,

due

Watling,

&

Winslow,

&

Wagenseller

Co.;

First

Co.,' Inc.; Eastman,
Glore, Forgan &

Corp.;

Harriman Ripley & Co., Inc.; Kidder, Peabody
Lehman Brothers; Merrill Lynch, Pierce, Fenner

'Co.;

Hayden,

Co.;

&

The

Co.;

Lanston

son

Harris

Hirsch &
&

Laird,

Co.;

Co.;

Co.;

Weeden

Co.;

General

&

Esta-

Co.;

First

First

Hemphill,

Co.;

Western

Van

Boston

Co.;

Michigan
First National
National Bank of the

&

The

The

(Inc.);

Kiddeiy Peabody

Stone &

Co.; Tucker, Anthony &
Union Securities Corp.;

&

&

Clark

Co.;

&

ton

Kaiser

Co.;

Neuhaus

&

'by Blyth &

Son, Inc.; Guaranty Trust Co. of New York;
& Co.; Harriman Ripley & Co., Inc.; Harris,

Miller

&

Son;
'

Co.;

Stroud 8c Con Inc.; Sutro & Co.;

Trask

Spencer

Underwood,

Fahey,

York;

Co.

&

Company;

Drexel

loans.

Co.;

Dillon,

Equitable Securities Corp.;

Co.;

Minneapolis;
New

Sweney, Cartwright & Co.; Swiss American Corp.; Thomas
Co.;

*50,000,000

Co.;

Hallgarten

Securities

Co.;

of

.Hall

Co.;

&

&

Gregory

H.

Moore &

Stern

Stetson

Fox;

&

■.

Singer,

& Co.;

Staats

Inc.;

First Southwest Co.; Folger, Nolan Inc.; Fulton, Reid & Co.; Glore, Forgan & Co.; Goldman, Sachs
&
Co.;
Goodwyn & Olds;
Granbery,
Marache - & Co.;

Inc.;

&

&

Dominick;

&

lative

Courts

Weedbn
Co.,

&

(Qregon);

Shearson,

Smith,

Bros. & Boyce;

City

.

.

.

,

Horner

Agnew

R.

William

Meyer

Scott,

M. Simon

J.

Barney & Co.;

Co.;

E.

Pomeroy

Co.;

&

Shuman,

Co.;

Harris, Inc.;

&

&

Scranton

&

Parke;

Stringfellow;

&

Chas.; W

Smithers

Stern,

Corp.;

Scott

Shields

Scribner;
S.

Starkweather
&

Co.;

Co.;

Fairman

Deane

Co.;

Schoellkopf,

Co.;
&

Inc.;'

Mason,

Hammill

Rooeris ' &
Hutton &

Schmidt, .Poole;

Schwabacher
;

Bros.

Inc.;

;

.

Rodman & Linn; Rogers
and Moreland; L. F. Roths¬
& Hutzler;
R. C. Schmerlz

Mosle

Salomon

Co.;

Co.,

Rotan,

Dominick

duPont

Bank' of

J.

Co.;

&

Inc.;

Dickson

S.

Corp.; The First National Bank of Chicago;

The Robinson-Humphrev Co.. Inc.;
&

:

Reinholdt

&

Co.

R.

'

"

Co.; Raffensperger, Hughes & Co., Inc.; Rauscher, Pierce

Rice

&

Francis I.

E.

Inc.;

Merle-Smith;

&

Read

Pollock & Co.,.Inc.; Prescott, Shepard &
R. W. Pressprich & Co.; "Putnam & Co.; Quail

Wm.

Dick

-

.

McDowell.

Co. 250,000 shares of 5ya% cumupreferred stock (par $100). Purpose, to repay bank
Price, at par and accrued dividends.
Underwritten

25,000,000 Northern Natural Gas
"

Writer &c Christensen, Inc.; Phelps, Fenn
Jaffray & Hopwood; B. W. Pizzini & Co.,

Harris, Hall & Co. (Inc.); A. C. Allyn & Co.
Republic Co. (Inc.); F. S. Moseley & CO.;
& Co.;
Cruttenden & Co.; First Securities

by

Julien

Co.;

&

'

&

cumulative

6%

of

shares

20,000

stock, series B
(par $50).
Purpose, for new
Price, at par and accrued dividends. Under¬

Central

Inc.;

Alex. Brown & Sons;
Chase National Bank

Chemical
City

Inc.;

Co.,

Kidder,

construction.

"

H.

W.

Co.

Telephone

preferred

William

Briggs,

Inc.;

construction.'

new

by

Oversubscribed.

Inc.

& Co.,

!

1,000,000 Illinois

Co.;

&

Inc.;

Co.

Bosworth,

Inc.;

Co.,

Bosworth

Leeds

Bartow

Co.;

Inc.; Stockton Broome & Co.;

Central

&' Co.';

Brothers

Barr

150,000 shares of

for

Offered

Bkumgartnei4, Downing & Co.; Blair F. Claybaugh & Co.;
Glover
&
MacGregor, Inc.; Penington, Colket and Co.;
Reed, Lear & Co.; R. C. Schmertz & Co., Inc.; Stokes
& Co.; Suplee, Yeatman & Co., Inc.; Thomas & Company;
Wurts, Dulles & Co.; S. K. Cunningham & Co., Inc.;
Harrison
&
Co.;
Hulme, Applegate
& Humphrey, Inc.;
Smith,
Moore & Co.;
Hecker & Co.; Investment Corp.
of Norfolk;
J. S. Strauss & Co. and Warren W. York

Development,

and

1, 1953
operations

American

and

Co.;

Bear,

Leonard

Wells

Inc.;

Trust

Merrill
&

consolidated

& Redpath; Bache & Co.; Bacon, Whipple & Co.; Robert
W.
Baird
&
Co.,' Inc.; Baker, Weeks & Co.; Bank of
America National ^Trust & Savings Association; Bankers

,

Co.;

&

Co.;

Turben

Mitchum, Tully & Co.; Moore,

Moseley

S.

McDonald-Moore

Co.;

&

Hutchinson

Pierce,

Bank

bonds

Arnhold

|

Loewi
&
Co.; Irving Lundborg & Co.; Mackall & Coe;
MacNaughton-Greenawalt & Co.; Laurence M. Marks &
Co.J Mason Hagan, Inc.; A. E. Masten & Co.; McCormick

Lynch,

2.70%

Banks

due Oct. 1, 1956.
Purpose,
for
general
of
the
Bank.
Price,
99%%
and
accrued
interest.
Underwritten
by Morgan
Stanley & Co.; The First Boston Corp.; A. C. Allyn &

Co.;

Carl

Co.;

&

York

World

Corp.; John C. Legg &■' Co.; Lehman Brothers;-S. R. Liv¬

.

New

■>

Kidder

M.

Kirkpatrick-Pettis

Co.;

&

Newcomb,

$70,000,000 International

Laird, Bissell & Meeds;
W. C. Langley & Co.; Lazard Freres & Co.; Lee Higginson
&

Credit

dated Oct. 1, 1953 iand due June 1, 1954.
refunding.' Price, at par. Offered by Macdonald

t

Inc.;

Johnston, Lemon & Co.; T. H. Jones & Company; Jones,
Kreeger & Hewitt; Kaiser & Co.; Kalman & Co., Inc.;
&

Intermediate

; $192,445,000

W. E. Hutton & Co.; The Illinois Company;
Indianapolis Bond and Share Corp.; Janney & Co.; Jenks,

Grubbs;

make

to

Purpose,

share.

per

1953 and due March
additional credit available

debentures

,

,

Hcrrman

Hutton & Co.;
&

Purpose,

Purpose,

Co.; Hill Richards & Co.; J. J. B. Hilliard & Son; Hirsch
Co.; J. A. Hogle & Co.; Hornblower & Weeks; E. F.

Kirkland

,

Bruce & Co.;

Henry

Co.;

&

1954.

7

common stock (par
Price, $25.87Va
Peabody & Co.; White,
Weld 8fu Co.; Spencer Trask & Co.;
A. G. Becker & Co.,
Inc.; A. M. Kidder & Co.; Biddle, Whelen & Co.; Moore,
Leonard & Lynch;
Arthurs, Lestrange & Co.; Boenning
&
Co.; Chaplin & Co.; DeHaven & Townsend, Crouter
& Bodine;
Kay, Richards & Co.; A. E. Masten & Co.;
W, H. Newbold's Son & Co.; Newburger & Co.; Pacific
Northwest Co.; Yarnall & Co.; Brooke & Co.; E. M. New¬
ton & Co.; Butcher & Sherrerd; First of Michigan Corp.;.
Green, Ellis & Anderson; Janney1 & Co.; Thayer, Bakev
& Co.; Elkins, Morris & Co.; Fauset, Steele & Co.; C. S.
McKee
&
Co.; McKelvy & Co.;
Baker, Watts & Co.;

$10).

(non-callable), dated Sept. 15,

93,945,000 Federal

&

Haupt

Co.;

&

Partners, Ltd.;
Co.; Hayden,

&

Harris

Ira

Stone

Duquesne Light Co.

series C-1954 consolidated

to member banks.
Price, at par. Offered through Everett
Smith, fiscal agent for the banks.

Ellis

Miller

i/t:
*3,881,250

Farm Loan and Government Agency Issues

Granbery,

Harris,

(395)

$98,500,000 Federal Home Loan Batiks 234%

Glore, Forgan 8c Co.;

Robert Garrett & Sons;

if

,,

Co.j; Folger, Nolan, Inc.; Foster & Marshall; Futlon,

Reid

Chronicle

The Commercial and Financial

...

construction

program.

share.
stock¬

$67,941,685

•Represents issues placed privately,
tlndicates issues sold competitively.
tlndicates

,jr

special offering.

(Continued

on page

8)

Li

8

The Commercial and Financial Chronicle

(396)

F

IRON,

STEEL, COAL,

Allen

capital.

|

E.

Beers

Price,

40

cents

share.

per

Offered

by

Co.

Mining

stock

&

Leasing

(par

10

equipment, etc.

Corp.

cents).

Price,

Purpose,

at

shares

1,700,000

for

working
by R. L.

Offered

par.

of

125,000

stock

capital,

Offered

Hughes

only.

OTHER

INDUSTRIAL

$299,850 Automatic

Electric

stock

mon

(par

etc.

Price,
Corp.; Gill,
a

of 6% cumulative
for acquisition and
and accrued dividends.
Inc. to residents of Virginia

by Galleher
sold.

&

at

Co.,

Windows,

per

Pope

$1).

Co.;

Corp.

Purpose,

Engelberg

24,750

Corp.

and

29,090

for

Controls

$5);

(par
share.

working

Becker
&

150,000

Securities Acceptance Corp. 6,000 shares of 5%

Inc.;

Brush,

capital.

Walston

Price,

<fe

Co.

$6.62»/2

and

3,000

Co.

20,000

Sky

Hill

capital

of

&

R,

Staats

Co.

Diesel,

Inc.

(par

$10)

stock

(par

$10)

&

Co.;

Bingham,

for

Price, $30 per unit,

of

shares

class

expansion

A

&

Inc.;

and

Co.;

185,875

$1).

par

282,269 Oakite
(par

$5).

Inc.

Purpose,

share.
ployees.
61,250 Rowland

Purpose,
$125

capital.

114,000

capital.

Drexel

working

Inc.

Purpose,

2.450

for

of

Co.

capital.
Price,
$11.88
subscription by em¬
of

shares

Price,

by

par,

shares

of

stock

common

Purpose, for expansion program.
Price, $25
per
share.
Underwritten
by
,Morgan
Stanley
&
Co.;
Bacon, Whipple & Co.; Robert W.
Balrd
&
Co., Inc.;
Baker, Weeks & Co.; J. Barth & Co.; Bateman, Eichler
& Co.; William Blair & Co.; Blunt Ellis &
Simmons; Blyth
&

Co.,

Inc.;

Co.,

Inc.;

Co.;

Davis,

&

Co.;

Alex.

Brown

Brush,
I.

Inc.;

Elworthy

man,

Sachs & Co.;

Miller
&

&

Son;

&

&

Co.;

Hill

Weeks;

Kidder,

Co.;

F.

Harold

C.

Securities

Harriman Ripley

Hemphill,

Noyes

&

Co.;

Hutton

&

Co.;

J.

&

Brown

W.

J.

E.

&

L.

Jackson

&

Curtis;

R.

W.

&

£898,872

A.

&

Co.,

Inc.;

Walker
&

&

Co.;

Co.;
White,
Oversubscribed,

Co.

78,000 Stlfel

Sutro

&

Weld

Co.

and

G.

Dean

H.

$1).

(par
share.
of

Corp.

600,000

shares

of

(par

$6.25).

subsidiary.

Price,
subscription
by
writing.

Co.

Purpose,

$20

12,000

for

common

shares

Offered

of

lative

loan

acquisition

A

stock

(par

&

Mesa

Co.,

Price, $2
out

75,000

for

share.

per

Stokes & Co.;

Company;

shares

Offered

Oils

cents

200.000
100

Ltd.

of

Co.,

277,920 Indiana
stock

5,531,210

additional

warrants.

$75
"as

and
shares

Purpose,

(American)

in

for

unit.

per

shares

of

to

Boston

Lynch,

units

of

by

10
a

C.

tral

&

Corp.

135,000

shares

Royal

Oil

Co.,

Purpose,

Price.

$8.25

Inc.

for

per

30,000

stock

$299,699 Janaf,
$13),

Republic
&

Co.;

buy

Warren

of

shares

stock

and

Inc.

each

29,940

stock

class

of

shares

after

(par

Brothers;

of

and

stock

common

drilling
by

of

oil

Sills,

(par

Webber,
&

Blair,

Weld

Jackson
J.

Co.;

A.

Carl

&

Co.

&

&

Co.;

&

Co.;

Hill
Co.;

&

Inc.;

Co.;

Blunt Ellis

Weedon

Co.;

&

Stauffer

&

Co.;

&

Inc.;

stock.

Purpose,

and working capital.

public

by

99,999 Providence
stock

(par

erty-

Park,
$1).

Price, S3

Inc.

Edward

&

&

L.

Simmons;

Co.;

real

share.

to

one

estate

per

Co.

Price, $25

Mosle
&

and

Cen¬

Butcher

Co.;

Inc.;

&

Co.;

Rauscher,

Moreland;

Durst,

Eichler

&

shares

share.

Whipple

Weeks

Co.;

Blyth

15,000

per

Bacon,

Baker,

&

William

& Co.,

shares

develop

Offered

of

class

and

share

Offered

Co.;

Inc.;

Francis

Elworthy
Sachs
Miller

&

&

&

Son;

Schwa¬

Arthurs,

Le-

Inc.;

of

stock

common

child

Co.;

J.

Blair

Alex.

Robert

Barth

&

Brown

&

W.

Baird

Co.;

Bate¬

Blunt

Co.;

Sons;

&

Ellis

&

I.

&

du

Co.;

Pont

&

Co.;

Equitable

F.

Eberstadt

Securities

&

Corp.;

Co.;

Harriman, Ripley & Co., Inc.;
Hemphill, Noyes & Co.; J. J. B.

Co.;
Hill

Richards

&

Co.;
Hooker
& Fav;
E. F. Hutton & Co.; W. E. Hutton '&

improve

•

par

Bancorporation

$10).

banks.

TRADING,

Purpose,

Price, at

underwriting.




par.

to

100,000

HOLDING,
shares

purchase

stock

of
of

prop-

&

&

&

$5).

(par

State

&

stock

three

without

Co.;

840,000
V....

Texas
mon

1

.j

,

Co.,

(J.

Reid

capital

Beahe;

Stern,

Frank, Meyer
&
Fox; Stone
&
Webster Securities Corp.; Stroud & Co., Inc.; Sutro & Co.;
Tucker, Anthony & Co.; G. H. Walker & Co.; White,

ETC.

Subscribed by. .stockholders,

&

The Ohio

&

222,000 Stifel
TRUST,

Co.;

Staats

by Woolfolk & Shober.

2.486,694

2,140,876

*57,718

103,232

*161,894

*797,198

'646,699

*875,974

2570.

p.

1947,

wholly-owned
Allan,

Mr.

subsidiary
has

who

Carlisle

of

been

President

will continue in that office.

Corp.
of

and

trailer

plastic

and

City,

following

Mobile

Pa.,
and

Ridgway,
Pa.,
Division,
Mobile,

Plastics

fiberglas

Rotary Lift Co., Memphis. Tenn.—V.

wholly-

Carlisle,

aircraft,

and

Division,
molded

172,

products;

trucks

off-the-highway

Mo.,

and

Division,

trucks

Materials

and

divisions

Rubber

and

linings;

materials

Kansas

the

automobiles,

Molded

brake

coated

Co.,

for

tubes;

and

of

Tire

Carlisle

innertubes

tires

truck

Ala.,

consists

now

subsidiaries:

Truck

and

DaFt

trailers;

1G32.

p.

Central Coal & Coke Corp.—To Retire 50% of Its Stock
Following approval
104,462 »/a

share.

per

Half
for

the

of

of

its

a

cash

outstanding
outlay

stockholder

each

by

the company will

the stockholders,

of

require

held

and

14

(50%)

will

stock

redemption

Jan.

on

shares

This

cancellation.—V.

165,

of

capital

stock

afc

$3,969,575.

should

be

surrendered

2543.

p.

Central Illinois Securities €orp.—Asset Value Up—
As

of

Total

Dec.

net

31—

'After
able

including

Feb.

1,

&

Sons,

Price,

$6

Inc.
per

37,000 shares of

share.

common

Underwritten

by

Eastern
(par

Lynch,

Transmission

$7).

Price,

Corp. 48,000
$17.50 per

stock

Fuiton,

shares

share.

Pierce, Fenner. & Beane.

of comOffered by

Completed.

$58.41

$47.14

$6.59

$6.51

$4.50

.

<

$37.89

per

——

dividend

the

1954

of

declared

$1.50

preference

the

on

stock

$1.54

1954,

pay¬

series).—V.

173,

Jan,

($1.50

5,

102.

p.

Chase Candy Co.—Plans
A

approve

a

of

shares

The

of

meeting

stock.

common

proposed name of the company
firm

Bunte

The

Co.

Change in Name—

stockholders has been called for Jan. 26, t®
change in name and to increase the number of authorized

special

group

headed

Chase

stock.

Yantis

S.

last

acquired

was

F.

by

&

Co.,

Bunte has been

last November,

Since

Is Bunte Brothers Chase Candy
fall by an investment banking
which owned a large block of
operated

Ameri¬

as

Candy Co. and the Bunte and Chase sales forces have been merged,

can

according to W. A. Yantis, Chase President.
Chase Candy Co. acquired the Bunte name and goodwill from the
investment banking
firm in exchange for "certain services we per¬
did

Chase

not

the

acquire

that

to

the

building

lease

notice

the

and

Dec.

31,

firm's

be

761,222

will

will

price

they

issued

not

Bunte.
to

The

buy

to

move

to

stock

common

of

authored

pay

will

be

shares

additional

100,000

Chicago

going

are

Louis

St.

in

shares at
lease the
machinery
and

buy Chase
to sell or

and

needed.

be

buy

to

entitle holders to
asks authority

plant

number

going

the

finance

by

going

aporove

also

company

increased

is

is

the
building.
it is proposed
that the authorized
1,325,000.
At present 1,000,000 shares

to

options which

The

that

equipment
The

used

are

asked

be

250,000-square-feet

Yantis

Chase

cumulative preferred

of 5%

Stockholders
to

property

Chicago.

outstanding. The presently-authorized
w:ll be unchanged.
extension from Dec. 31, 1956,
1958, of the time for the exercise of outstanding five-year

shares

150,000

Chase

of

authorized

are

in

in the
stockholders

to

shares

common

to

equipment

manufacturing
In

physical

another investor and Chase is signing the

sold

lease

Yantis said.

for the banking group," Mr.

formed

banking group

and

for

not

was
used

to

take

is

shares

general

disclosed.
care

of

The
of

because-

necessary

Chase

working

rest

to

capital.

of

the

conversions

of

help
The
un¬
the

preferred stock.
The

plans

company

continue
would

be

to

make

in

retain

to

in St. Louis and will
manufacturing operations

warehouse

its

shipments from

it

though

Chicago.

month, according to Mr. Yantis, Chase sold its old candy-mak¬
plant in St. Joseph, Mo., for an undisclosed sum.
The company

Last

ing

still has
real

warehouse in

a

estate

at

Stockholders

special

San

Jose,

of

record

meeting.—V.

St. Joseph

which it will continue to

Calif, also was sold recently.
Jan. 15, 1954, will be entitled to

178,

The

(par

public

proposed
25

cents),

which

use.

vote

The

at the-

1566.

p.

Chemical Enterprises, Inc., N.

Oversubscribed.

Co.

stock

Merrill

L.)

and Dean Witter & Co.

'$56.34

share

share

1950

~

$8,075,680 $7,041,06*

per

value

asset

common

1951

$8,972,276

*$8,653,266

value

preference
Net

1952

1953

assets

asset

Net

Harold

Co.; Schoellkopf, Hutton & Pomeroy, Inc.; Schwa¬
Co.; Scott & Stringfellow; Shearson, Hammill &
Co.; Shuman, Agnew & Co ; Smith, Barney & Co.; William R.

common

2,502.360

401,699
1,197,046

Rotary has become a
exchange of stock.

bicycle

Underwritten by Morgan
&

Co.;

Mitchum Tully & Co.; Newhard,
Co.; Pacific Northwest Co.; Paine,
Webber, Jackson & Curtis; R. W. Pressprich & Co.; Rein¬
holdt & Gardner; Rotan, Mosle & Moreland; L. F. Roths¬

$399,698

$1,000,000 Arizona

Fenner

&

bacher
B

*37,916

Corp., Carlisle, Pa.—Acquisition—

each.

Pierce,

to

*46,045

Marshall, President of this corporation, and Hugh Allans
of
Rotary Lift Co., Memphis,
Tenn., announced on
Jan.

purchase

Weld

INVESTMENT

178,

$3.50

Cook

of

*39,609

2,512,781

railway

stock

&

Hornblower & Weeks;

investments

36,102

*108,589

an

owned

Burton

Janney

Pacific Northwest

Rotan,

Co.;

&

Inc.;

Co.,

Hilliard

stock (par
29,940 shares of

of

unit.
underwriting.

33,333

Purpose,
per

for

and

units

Price, $10.01
without

company,

in

1950

$251,433

29,172

acquisition is another step in Carlisle Corp.'s long-range pro¬
of expansion and diversification.
Lift Co., which originally developed the hydraulic service
station
life, is also a leading producer of hydraulic elevators and
industrial loading equipment.

Boett-

Inc.;

Co.; First Southwest Co.;

Richards

Wagenseller

Chemical

Hayden,

preferred

1954,

1951

$233,865

Rotary

M.

Kidder, Peabody & Co.; Lee Higginson Corp.; Lester,
Ryons & Co.; Irving Lundborg & Co.; Laurence M. Marks
& Co.; Mason-Hagan,
Inc.; McDonald &Co.; Merrill Lynch,

60-cent

1,

cent)

1952

$245,420
29.9'13

This

Curtis;

&

Hogle

Co.,

Co.;

<fc

Weeks;

Rollins &

Walker

Crowell,

Reid

Goldman,

leases.

Vermont—Earnings—

*29,195

railway
income

Brown & Co., Inc.; Brush, Slocumb & Co.
Inc.; Clark,
Dodge & Co.; Davis, Skaggs & Co.; Dominick & Dominick;

Fairman

in

1953

$238,592

gram

Webster Securi¬

<fe

White,
&

<fc

Merrill

C.

in

*315,184

Lines

oper.

through

The

by

Inc.;

Eichler

Sherrerd;

man,

to residents of Kansas only.

of

Jan.

one

from

that

19

stock

capital

Eastman, Dillon

Stone

Corp.;

Witter

of

Underwritten

Hornblower

Paine,

H.

(par $10).

(par

Notes"

Pacific

of Rotary since

(Inc.); W. C. Langley & Co.; Moore,
Singer, Deane & Scribner; Tucker, An¬

G.

Lundborg

&

557,622

201,512

1—

Carlisle

common

Offered by Kneeland

Bosworth, Sullivan & Co.,

Stanley

and

Inc.

1,084,321

*118,542

railway__

Jan.

President

W.

strang & Co.; C. V, Converse & Co.; Fridley & Hess;
Refsnes, Ely, Beck & Co.; Woodart^-Elwood & Co., and
Warren W. York & Co., Inc.
Oversubscribed.

Price

Gerber,

817,247

155,268

2570.

p.

&

Piper, Jaffray & Hopwood; Reynolds
Co.; Stroud & Co., Inc.; Sutro & Co.; J. Barth & Co.;

bacher

375,000

*144,285

4,534.028

Investment

and

Lehman

Beane;

Co.;

Co.

Pierce

(par

64,774

5.578,275

799,195

178,

redeem

Inc.;

&.Co.,

&

Dean

Lynch;

Co.;

&

Fulton,

BUILDINGS, ETC.

cumulative

common

ry.

From

Humph¬

&

Co.;

LAND,

j

&

Christensen,

&

$861,000

I

Co.,

&

share.

per

Co.;

Company;

Bateman,

(no

to

shares

S.

common

Underwritten

& Harris, Inc. and offered

Cunningham

K.

Applegate

Hecker & Co.;

15,440

Securities
&

Co.;

&

expenses.

program.

Bonds

shares

development
share.

S,

Co.;

Thomas

Co.; Lester,

&

*84,115

5,915,303

income

Drexel

of

cents).
See under "Long-Term
preceding column of this article.

$j).

Co.;

&

Inc.;

Co.,

303,080 shares

Co.

Allyn & Co., Inc.;
and

Co.

247,500

-

Oil

&

Co.;

Co.

Fenner

Union

Rhoades

cher

public, with¬

100

M.

Net

Carlisle

Strauss

Blyth

Sachs

Noyes

Simmons;

13,500 Nyson

S.

Supply

Pierce,

Wertheim

speculation,"

a

New-

Co.;

&

Yarnall

Oversubscribed,

Corp.;

Corp.;

Hemphill,

A.

*45,835

6,088,340

railway
oper. income—

producers

Price, $18 per share.

Goldman,

ties

*53,934

railway

from

Butcher & Sherrerd;

Hulme,

&

Price, $18.25

$10).

Co.;

1950

$337,655

*9,705

Completed.

Mountain Fuel

cumu¬

warrants

development

Offered

Son

Co.;

Yeatinan &

Co.;

Products

(par $1).

(par

to

stock

capital

subscription

<fe

J.

Inc.

Steel

Co.

First

under¬

&Va%

drilling

by company

200,000

Canadian)

Co.;

Ryons & Co.; Robert W. Baird & Co., Inc.;
Brush, Slocumb & Co. Inc.; Farwell, Chapman & Co.;
Estabrock & Co.;
Newhard, Cook <fc Co.; Peters, Writer

common

and

Newbold's

&

Moore

Norfolk;

&

1951

$389,643

*33,854

.

1—

oper.

Ellis & Anderspn; Janney
Co.;
Elkins,
Morris & Co.;

Dulles

Harrison

of

1952

$399,152

income

$38

Purpose, for
working capital.

of

expansion

(par

Pea-

&

Green,

Suplee,

Wurts.

Inc.;

Inc.; Smith,

York

underwriting.

150,000 Northland
20

Inc.

Purpose,

H.

Northwest

M. Newton & Co.;

Baker

Irving

Oil

stock

Trask

Claybaugh <fc Co.; Glover <fe MacGregor, Inc.; Penington,
and Co.; Reed, Lear & Co.; R. C. Schinertz & Co.,

Corp.

Inc.

par).

_______

E.

rey,

leases, drilling costs and
Price, $5 per share. Offered by company for subscription
by
common
stockholders.
Underwritten
by
Leason
&
Co.,

W.

Co.;

Pacific

Co.;

Co.,

$4).

of

by

Spencer

Kidder & Co.; Biddle,
& Lynch;
Arthurs, Le-

M.

A.

179,

#2,360

from

Offered

Kidder,

common

Offered

Co.;

Leonard

Moore,

Thayer,

Co.;

Inc.;

for

company

without

Leaseholds, Inc. 60,000 shares
class

Inc.;

Michigan Corp.;

Leonard

convertible

of

shaies

share.
&

Columbia.—V.

British

Rupert,

*

Colket

OIL

Coast

share.

per

1,

of

Boenning & Co.; Chaplin & Co.; DeHaven
& Bodine;
Kay, Richards & Co.;

&

Gulf

Co.,

&

F.

$11,474,090

150,000

&

Co.;

&

thony

$300,000

$7.50

shares

3,500

Feb.

mature

and

$392,853

railway

Deficit.—V.

ry.

Fauset, Steele & Co.; C. S. McKee & Co.; McKelvy & Co.:
Eaker, Watts & Co.; Baumgartner, Downing & Co.; Blair

common

and

by

stockholders,

per

Co.;

&

<te

stock

common

expansion

share.

per

34,739
Weld

Master.

First of

Carolina.

Manufacturing

Co.

White,

E.

Loeb,
stock

from
ry.

*

from

Crouter

Brooke

Purpose, for working capital.
Price, $1 per
by Carolina Securities Corp. to residents

240,000 Torrington

&

burger

Offered

North

Net

Net

Net

Ltd.

of

Canadian

the

after Feb. 1, 1972.
subsidized by the gov¬
Dominion from Halifax, Nova

the

Prince

and

1954,

1,

by

company

owned

1953

Jan.
from

Net

Price,

$25.87'/2

Townsend,

&

L.)
&
Sons,
Inc.
13,000
shares
of
common
(par $5).
Purpose, for working capital.
Price
$6
share.
Underwritten by Fulton. Reid & Co.
Cable

stock

common

Feb.

the
is

across

and

railway

'oper.

ry.

Gross

(no

of

Completed.

A.

Witter

(J.

600,000 Superior

Net

Offered by The First Boston

shares

of California,

$1).

Inc.

Light

Co.;

Becker

G.

by

railway

'Deficit.—V.

Oil

<te

stock
per

stock
Blyth &

by

Stroud

Anthony & Co.;

&

Offered

share.

40,000

(par

strange & So.;

Frank,

Securities

Tucker,

&

Whelen

Pressprich

Corp.;

stock

Price,

body

Co.;

Stern,

Webster

Co,

Superior

Duquesne

Rothschild & Co.; Schoellkopf, Hutton &
Pomeroy,
Schwabacher & Co.; Scott & Stringfellow;
Shearson,
Hammill & Co.;
Shuman, Agnew & Co.; Smith, Barney
&
Co.;& Co.; William R. Staats &, Co.;
&

from

frolm

Net

Oversubscribed.

$10).

&

F.

Stone

Gross

Gross

shares of common

2,500

per

unconditionally

dated

extend

Vancouver

Furber

Co.; Reinholdt & Gardner; Rotan, Mosle and Moreland;

F'ox;

Cork

by Blyth & Co.,

Inc.;

Meyer &

Co.

$16.75

Government

the

from

Canadian Pacific Lines in Maine—Earnings—

Completed.

common

Hornblower

Hutton

Service

Price,

26,250 Canadian

Hilliard

B.

Fay;

Public

Price, $51.50 per share.

par).

&
Co.;
Lee
Higginson Corp.;
Lester,
Irving Lundborg & Co.; Laurence M. Marks
&
Co.;
Mason-Hagan, Inc.; McDonald <te Co.; Merrill
Lynch, Pierce, Fenner & Beanc; Mitchum, Tully & Co.;
Newhard, Cook & Co.; The Ohio Co.; Pacific Northwest

Webber,

stock
Price,

common

capital.

be

Railways

November—

Armstrong

Peabody

Paine,

of

working

for

by company pursuant to exercise
purchase warrants outstanding.

Representing New Financing

$5).

Inc.

Co.,

2,060,000

Ryons <fc Co.;

Co.;

shares

91,200

Purpose,

stock

common

$41,875 Arizona

Corp.;' Gold¬
Inc.; Hayden,

& Co.,

Co.;

Hooker

&

Inc.

will

November—

From

Offered

2)

page

loans

repay

guaranteed

redemption

lines

Its

to

Net

Co.

Equitable

Richards

E.

Sons;

&

for

company

to

2.

page

stock
purchase

capital.
Price,
subscription by

working

for

and

to

National

Cannadian

Inc.; Clark, Dodge &
& Co.; Dominick & Dominick; Drexel
du Pont & Co.;
F. Eberstadt & Co.

Skaggs

Francis

&

Slocumb

ernment.

Scotia,

common

stock

of stock and 50 warrants.

100 shares

by

of

common

and

are

They

subject

Canadian

Gross

at

stockholders,

$10).

(par

74,350

loans

cents).

share.

Issues Not

stock

common

capital.

subscription

310.000

shares

143,700

Offered

Capital,

five

Corp.
Chemical

Inc.;

1924

bonds

new

1974,

$1,440,938

underwriting.

7,750,000 Stauffer

of

make

unit.

per

of

stock

common

for

working

for

company

Inc."

in

Government.

Oversubscribed.

shares

company

Inc.; J. W. Tindall & Co.,
Norris & Hirshberg, Inc.;

Co.,

and

units

to

(par

stock

Price,
$14.75
Co.;
Hemphill,

&

Co., Inc.

&

Inc.

cents)

per

Working

with¬

common

issued

Canada.

public, without underwriting.

(par

by

without

by

23.760

by

Products,

Offered

working'
&

for

Offered

$25).

(par

for

and Stroud

Products,

per

Capital,

$1.25

Underwritten

Space

Hilsman & Co.,

five

(par

class

Offered to public by company,

Purpose,

share.

Noyes & Co.;

Lane,

J. H.

Working

underwriting.

per

stock

common

loans and for working capital.
by Courts & Co.; The

Neal & Wagoner; Clement A. Evans & Co.,
French & Crawford, Inc., and Cabell Hopkins & Co.

common

two

working

295,000 Hollingshead (R. M.) Corp, 20,000 shares of

of

shares

60,000

pay

Underwritten

Wyatt,

common

B

and

to

share.

per

Johnson,

per

Inc. and

A

class

of

class

one

(Continued from
bonds

Ryons

Schwabacher

shares

of

patents.

Robinson-Humphrey Co., Inc.; Hancock, Blackstock & Co.;

Wagenseller
Curtis; A. G.

Lester,

torp.

Purpose,

$9

warrants in

20,000

units

Purpose,

$1).

(par

Co.;

Walter & Hurry,

stock
Price, $2 per
without underwriting.

10,000 shares of common

purchase

to

public by company,

Discount

Sterling

Inc.

10,000

and

in

$13

Investment News

The

stock

common

Price,

capital.

Witter

Webber, Jackson &
Lee Higignson Corp.;

& Co.;

stock

shares.

shares

Dean

to

stock
.54.0*000

per

special offering.

Underwritten

Purpose,

share. Offered

of

15,000 shares of common
share.
Offered by Esta-

Co.

$24

subscribed.

Fully

par).

Price,

Oversubscribed.

General Corporation and

cumulative

$25).

(par

par.'

Ride Helicopter Corp.

(no
"

shares

working

by

Inc.;

at

(Neb.).

T

100,000

for

Slocumb

300,000 Hedges

'

Price,

stock

common

Paine,

William

Richards

out

of

tlndicates

Purpose, lor working capital.
by
Cruttenaen
&
Co.;
Wachob-Bender Corp., and The First Trust Co. of Lincoln
stock

preferred

Price,

Co.

Purpose,

&

Co.;

B

by

Inc.

Underwritten

Durst,

Hill

Co.,

shares

Television

com¬

underwriting.

1,300,000 General

•

of

for working capital,
by Royal Securities
Farrell Securities Co. "as

Purpose, for expansion. Price, $25 per share.
company
for
subscription
by
stockholders,

by

without

&

Hulier

$10).

(par

Offered

.

shares

Offered

&

Multiplier

(par

,

299,850

Purpose,

per
share.
Underwritten
Richards & Co.

75,000

Inc.

cent).

share.

one

.$1

$5).

Co.

•Represents issues placed privately.
^Indicates issues sold competitively,

shares of com¬
mon
stock (par $10).
Purpose, for property and working
capital.
Price, $10.75 per share.
Offered by Galleher &
Co. to residents of Virginia.
Oversubscribed.

MANUFACTURING

(par
&

Completed.

Co.

&

Manufacturing

$11,033,127

All

(Va.)

J.

Weedon

Point

brook

shares

par

Petersburg

specultaion."

192,721 Clary
,

AND

Crowell,
360,000 West

$1).

Co.;

Purpose,

$20).

Price,

266,063
$466,000

&

stock

6,250

Corp.

(par

construction.

new

(par

Sutro

of

underwriting.

Broadcasting

Lee

com¬

200 shares

Inc.

without

pany,

preferred

United
mon

ETC.

740,000 shares of common stock
Purpose, for expansion, equipment and

cents).

working
170,000

COPPER,

Processing Co.

10

'par

Kiddieland,

I.) Fiber Glass Co. 50,000 shares of capital
Price, $8 per share. "Underwritten by
Barth & Co.; Lester, Ryons & Co.; and

(H.

stock

5% cumulative participat¬
ing preferred stock.
Purpose, for erection of amusement
center.
Price, $200 per share. Offered to public by com¬

$40,000

$296,000 Minerals

400,000 Thompson

MISCELLANEOUS

(Continued from page 7)

Monday, January 25, 1954

...

offering
was

of

Y.-^-Offering Withdrawn
shares of common* stock
registration statement filed

350,000

covered

by

withdrawn. Lee Higginson Corp.,
New York,
had been named as the principal underwriter.
The net proceeds were
to have been used to rpay bank loans, to
with

the

acquire
their

SEC

on

capital

Dec.

stock

21,

has

of

nine

been

companies and to expand
facilities. See also V. 179), p. 2.

Louisiana

ammonia storage and distribution

-Number 5293 ;.?The Commercial and Financial Chronicle

Volume 179

Chicago & North Western Ry.—To Issue Certificates—
The
far

applied to the Interstate Commerce Commission
to issue and sell $6,495,000-equipment tmst certlfiates
has

company

authority

Colonial Stores, Inc.—Current Sales Up—

<

.

.

locomotives.—V.

diesel

Cities Service
This

•

SEC
Co.

authorization

for

(Kansas City,

and

the

The

mission

to

has

if

to

order

The

in

Service

Gas

the

that

notes

Missouri P.

The

Joseph,

St.

and

Independence,

V.

also

*

received

was

Missouri

from

Service

Public

to

Co.

$32,000,000 which, according to Cities, was
substantially in excess of the best proposal received from the three
groups of underwriters.
In the judgment of Cities' management, such
offer

the

by

for

the

to

stock

under

Dec.

on

highest

the

Service

Gas

of

accepted

was

price

ob¬

existing

1953,

29,

SEC

to

as

the

future

latter's

con¬

Missouri1 Public

writers.

with - those

properties

into

Service

Service

Service

Gas

soon

as

to

proposes

combine

Service

Gas

the

will

stock;

have

ferred

all

stock,

company.—V.

which

See

will

securities

become

shares of its

capital

statement

stock.—V.

177,

with

Colonel

Operating
Operating

for

Grocers

each

The

Col.

ing

is

Crown

Corp.

member

Pacific

York

New

of

executive

the

18

of

committee

Hilton

executive

the

of

Vice-President,

City;

Hotels

committee

director

Corp.;

of

and

taxes

All other

-

net

Total

and

Rock

Island

Other

Nov.

30—

proceeds

Corporation is engaged in many diversified activi¬
ties with plants and facilities in more than 300 cities in 26 states
In
the IJhited
States, and in Canada and Mexico.
The corporation
has an unbroken record of dividend payments for 59 years.—V. 176,

The

amortization

(par

Angeles
lower.

Dec.

on

at

$1)

The

proceeds

The

corporation

Its

principal

machines
ated

offered

31

$6.25

Income

1952

9,752,000
6,723,000

;

16,000 shares
last sale price

the

or

Total

was

5,983^000

$9,256,000

stock

$8,891,000

1,172,000

1,172,000

$8,084,000

$7,719,000

dividend requirement

and

cash
The

1952,

Los

the

is

ever

The

preferred

stock

has

only

been

50%

of the common stock and 30%

is owned by
introduced.-

which

of

recently

the

This

company.

of the

model

pen

general offices and principal manufacturing plant
408 Junipero Street, San Gabriel, Calif.,
in the Los

company's

located

are

at

The land and buildings at this location

Angeles metropolitan area.
for

term

a

expiring

31,

Dec.

subject

1968,

to

renewal

at

are

the

for five successive periods of ten years each.
year 1952 dividends were paid on the commcn stock at
the rate of 10 cents per quarter.
Quarterly dividends of 12 V2 cents
per share have been paid for each of the four quarters of 1953.
option

the
During the

of

company

Co.

PRIVATELY—The

PLACED

DEBENTURES

note

company

entered

into

a

agreement, dated Nov. 20, 1953, with Penn Mutual Life Insurance
that provided for a 15-year 5%
loan in the amount of $900,000.

The

note

provided

agreement

used

to

retire

Dec.

31,

1953,

of

all

the

that

15-year 5%

outstanding debentures to
Nov. 27, 1953, these debentures
1953.—V.

the

179, p.

be

proceeds

at Sept.

amount

to

on

On

Dec. 28,

on

for

exceptionally
the

on

South

Pacific

to

added

be

will

and completely new
type of
marine
the Hudson American Corp., a subsidiary,
of Miami Expedition to the

to

of

controlled

The

the

become

forerunner

American's

Hudson
the

American,

powerful

a

line,

announced

"Corvette,"

channels

of

regular
the

covering

on

Jan.

100-watt

new

the

new

Joseph

S.

will

"Corvette"

ideal

conditions

American

Hudson

have
in

has

transmitting

a

the

open

and

of

more

marine

model

receiving
than 1,500

1954

to

all

on

shares

at

($1

par

The

Fla.

-working

per

net

shares

share)

filed

of

a

class

through First

proceeds

capital and

11

Jan.

on

299,000

are

other

to

be used

general

letter
B

of

notification

common

stock

to

shares

(d)

share;

of

of

(e)

Colonial Broach

and

the establishment of

been

has

Colonial

with Demco

completed

Western

will

and

Tool Co.,

Inc.

a

West

to

issue

Stock

Acme

Broadway

Jan.

its

own

Coast

manu¬

Los Angeles 22, Calif.
of the plant

equipment, etc., installed.
broaches, broaching fixtures, and

manufacture.

the western company will be under the direction of
who is also President of Demco Tool. The
new
company: will serve the six states of Washington, Oregon, Cali¬
fornia, Idaho, Arizona and Nevada.
Its sales will be handled exclu¬
sively by Demco Tool Co., Inc., Los Angeles, Calif.
Additional sales
offices are planned for San Francisco and Seattle.
Facilities are available at Colonial Western for designing all types
of broaches and broaching fixtures
as well as production
of such
Operations

of

Starman,

Manager,

equipment.




30,

30,

its

of

SEC

The

(held

exemption

an

readjustment
until

persons

Jan.

21,

present structure
W. Long &

company's

stock

common

for

proposed

interested

thereon.

of

the

to

aspects
gave

by

Hugh

1953):

Outstanding Net Asset Value

Diversified

Common

Diversified

Growth

The

Fund

Stock

5,084,694 shs.

$33,107,954

Fund

1,081,779 shs.

5,629,432

Fund_______

Stock

states

company

1,232,748 shs.

8,916,883

that

the

present series structure unduly com¬
prospectus and its reporting, accounting and tax problems
receipts from the sale of each series, investments, income, etc.,
being segregated on the books of the company), and that it is expensive
(all

maintain; and that savings could be made and services to Investors
improved if the assets relating to each series were represented by a

single

class

would

Issue

for

as

Jan, 12, 1954,
Indenture Act

on

Trust

owned

would

to

maximum

a

as

one

for

Co.

(R.

the

aggregate

price

66%

Wreden

price

for

the

price

aggregate

$1,837,237.99,

of

all

of

Brewing

$593,414.95

outstanding

Co.,
Washington
$277.62102 per

or

shares

than

(other

those

of said corporations)
of each of the
and proposes to merge said corporations

other

corporations

into itself

mergers

the surviving corporation.

as

Co.,

Inc.,

Centerbrook,

It

not underwritten.

was

machinery and equipment.
synchronous motors and electric time

re-elected

George

RR.

Co.

and

Diversified

G.

of

company

Directors,

Gutavo

and

Northern

Consolidated

of

Pellon

to the by-laws
executive officer

Cuba
of

RR.

indicated his

Cuba,

intention

Cuba

been

Northern

elected

Rys.

Vice-Chairman

Co.—V.

corporation is offering 145,842
unissued
capital stock (par 50 cents)

177,

it

Rys.
was

to maintain

of

The

from

by

stock

owned 600,075,

Punta

Wells

the

La

to

beach;

from

for

each

share

of

Offer—

The

by

On

Dec,

31,

1953,

all

will

be

accepted

tenders received

on a first come, first served basis.
York is exchange agent.—V. 179', p. 4.

accepted

thereafter

Guaranty

Delaware Fund, Inc.—Gross Sales Up
Calendar

Trust

—V.

-

outstanding at Dec. 31——

178,

p.

ten

Punta

11

hectares

S.

under

A.

1984.

completion

(122,000

concessions

the

new

of

acres)

recently
Peruvian

concessions,

extends

Malacas

(approximately six miles) are
Lobitos and Malacas OH Fields.
whipstocking from drill sites located on

in

shoal

water conditions.

is

area

contiguous

announced

Douglas

has

with

Petrolera

spudded

the

Lobitos

in

the

1,000

covered

acres

agreement.

first

offshore

On

well

the

to

be

The

Peru.

drilling rig furnished by Dunlap and Graham has
been erected on the beach and the well is being
whipstocked so as to
be bottomed approximately 1,500 feet offshore.

Secondary Offering Canceled—
The

offering

proposed

shares

of

through

stock

common

stockholder has

the

at

Shearson,
market

been canceled.—V.

Dow Chemical Co.

179,

Depre.

asso.

&

Co.

of

14,100

a

selling

of

1953—6 Mos. —1952

$

$

111,006,628 212,698,400 204,944,652

cos

amortization.

befoie

&

account

$

102,194,625

from

the

104.

1953—3 Mos.—1952

sales

Divi.

Hammill

for

p.

(& Subs.)—Earnings—

Period End. Nov. 30—

inc.

16,462,816

11,294,384

32,555,472

22,279,700

tax.__

11,871,746

27,113,030

34,103,966

47,136,657

& Cana. inc.tax.__

4,871,149'

17,828,896

17,340,412

29,912,634

7,000,597

9,284,134

16,763,554

17,224,023

303,869

296,644

607,738

600,513

8,987,490

16,155,816

16,623,510

outs._

6,696,728
22,651,011

21,433,016

$0.30

21,433,016
$0.42

22,651,011

share--

$0.71

$0.77

income

Net

Preferred

Inc.

dividends

appli.

Common

Earns,

to

Duff

Mix

stk.

com.

shares

per

178,

The

com.

2475.

p.

Baking Mix Corp., Newark, N. J.—Acquisition—

purchase

the Duff Cake Mix

of
Jan.

on

9

by

Briefer and

has

company

been

syndicate

a

J.

D.

Division

of

headed

by

Silberinan,

incorporated

Pillsbury Mills was
Edward J. Baker,

for an undisclosed sum.

under

the

of

name

The

Duff Baking

Corp.^with offices at 30 Broad Street, Newark, New Jersey.

E-I Mutual Association, West Orange, N. J.—Files—
The

$10
V.

company

Co.

of

3.5%—

per

177,

The

1952

$3,533,307

882,764

share.
p.

on Jan. 13 filed a letter of notification with the SEC
shares of class B special stock,
1954 series, to be

subscription

by

employees

The proceeds

are

to

of

Thomas

be held in a

Edison,

A.

Jan.

company

3,
net

recently

stock

1954,

offered

publicly

an

issued

at

Offering—

of

150,000

shares

par
($1 per share), without underwriting.
approximately 53,000 shares have been sold.

at

are

to

be

office

is

at

proceeds

used

to

develop

the

company's

Up

prop¬

erties.
The

officers

company's
are:

W.

H.

Martgan,

307

Zook

President;

Bldg.,
Wm.

Denver,
G.

Colo.

Murchison,

President; and A. Asborno, Secretary.—V. 178, p. 1159.
t

Inc.

redemption fund.—

139.

common

The

1,025,261

3,500
for

East Basin Oil Co., Denver, Colo.—Stock

will be

—$3,659,077
——

the

announced

off-shore

ten

producing

by

the

of

acreage,

drilled

of

1953

Years—

sales

Shares

139.

p.

however, future drilling In the Lobitos area could be done
which may be economically constructed
up to 2Vi miles

previously

Lobitos

to

Gross

177,

49,192.42

by

Pacifico,

the

presently

abovementioned

covering

and

1863.

P,

there

59.6%.

or

exchange

available,

del

drilled

be

because

the

new

shares of its authorized but
in exchange for outstanding

Universal.

retained

be

Islands

offshore

announced

period will expire on Feb. 8, 1954. Tenders received
until Jan. 27, 1954, if calling for more Decca stock than is available,
will be pro-rated and no tenders will be accepted thereafter.
If tenders
received to Jan. 27, 1954, do not call for more Decca stock than is

New

Jan.

on

covering

to

Cruz

the

will

offered
The

176,

above.—V.

covered

area

containing

area,

contiguous

Cuba

2677.

p.

would

along approxi¬
mately ten miles of coast line. Four of the concessions extending from
Cabo Blanco to Punta Restln
(approximately four miles) are contigu¬
ous to presently producing El Alto Oil Field and six of the
concessions

1,006,260 shares of Universal common outstanding, of which Decca

were

President,

Petrolera

This

stock of Universal Pictures Co., Inc. in the ratio of two shares

Decca

above.—V.

Inc.

agreement

acquired

—V.

Decca Records, Inc.—Exchange

of

Inc.,

Pellon

Cuba.

has

name

Petroleum Law.

been
elected Chairman of the Boards of
The Cuba RR. Co. and Cuba Northern Rys.

has

Applicant's

1,
1954, the projected
The two companies would have common

Inc.

Funds,

Krieger,

Frederick J.

common

Funds,

the

of Cuba,

Brown

J.

amendments
the principal

Board

this

of

Mr.

Camaguey,

Murnane

Wilfred

Co.

the

President
19.

Jan.

at

of

President

elected

of

In¬

reclassified, by an
relative net asset

178, p. 51.

operating

Earn,

each company

Chairman

the

offices

of

the

of

to Diversified Investment Fund, Inc. Long and Com¬
as
principal underwriter for applicant and the

$

by stockholders

President

on

be

Co.—Pellon Elected President—

approval

the

of

would

Fund

company

share for

a

continue

Diversified

W.
an

The offering was

178,

Cuba RR.

instead

Stock

new

on

and

.

U. S.

Following

which
stock

common

Diversified Investment Fund, Inc.—Readjustment Pro¬

Conn.—Fi¬

proceeds are to be used to purchase

make

exchange,

outstanding shares

company, and Investors Management Co.,
their investment
adviser
beginning April

Net

manufactures
p. 2475.

Stock

Growth

gram-

units of $100 of debentures and four shares of

company

the

Douglas Oil Co. of California—Peruvian Agreement—

payment

the

of

the

or

14.

controls.—V.

to

of

the

applicant's

Common

or

stock at $200 per unit.
The

date

for

of

(voting trust certificates

price

its ten-year unsecured 5'/4% deben¬
consideration required to be delivered
in cash and 9% in cash

the

of

Cramer

W.)

Jan.

and

of

to

Diversified

company,

assets

exchange of shares, upon the basis of
a
single class of new common stock.

into

See

of

nancing Completed—The offering made by this company

on

exchanged
shares

subject

proposes,

new

a

the

in exchange for shares of the new com¬
equal in number to the outstanding shares

the

on

It

company.

organize
which

Diversified Growth Stock Fund, Inc.—To Be Organized

the

and in addition to pay 25%

of

more

made in

Fund

would

See

aggregate

Claus

of

aggregate

to

up

one

or

be
The

directors.—V.

shares

exchange therefor

in

aforementioned

by

to

to

amount

Fund

representing

80%

by

separate

10-year

share;

the

2,

than

new

a

transferred
an

would be changed

of 9% to be represented by
America National Trust and Savings
through whom this transaction is to
be completed.
Continental has filed an application with the Division
of Corporations of the State of California for a permit to issue the
foreging debentures in such exchange.
Upon consummation of the proposed exchange applicant will own
more

be

Stock

basis.

value,

of

Fund,. Inc.,

stock in

Growth

of

stock

stockholders,

Stock

appropriate

3.

p.

of

of

Growth

shares

note

and

and its manufacturing operations will follow the pattern of
techniques and equipment developed and used by Colonial Broach Co.

Peter

acquire

Brewing Co.

pen

1955, the deferred
payable to Bank of
Association, the escrow agent
on

its

announced

Construction

hearing

shares

Investment

vestment

Calif.—To

the

of California Holding Co.

shares

exchange,

Co.

gauges

for

under

to

proposes

of

of

the

1964

of

such

be

manufacturing

manufacture

Nov.

2571.

Brewing &

been

Co., Detroit—Forms New Affiliate—

announces

company

—in cooperation

p.

preferred shares and 147,752V2 common shares of The
Malting Co. for the aggregate price of $1,130,505.10,
per share,

100

tures

in

purposes.

facturing affiliate—Colonial Western Broach Co.,

179,

Vernon,

indenture

This

This

has applied

certain

Commission

a

1,000

Nov.

pany's

'

$7.64617

has

the

to

the

Diversified

share;

per

for

and

Union
or

Florida Investors Inc., Orlando,
to purchase equipment and for

corporate

and

178,

application with the SEC

an

shares)

as

2,137V2

in

offered

Elizabeth, N. J.—Readjustment

Series Designation—

Fund

changing the name of this

on

Corp.—V.

Corp.,

$188.99492

or

treated

$138.25254

range

with
be

$37.03

$1,924,614.

were

Inc., principal underwriter and investment adviser) and the fol¬
lowing series of special stock (with aggregate net asset value shown

as

$6.74032 per share;

or

Consolidated RRs.

corporation

covering

vote

Foods

trust

a

13,289 shares

be

Brewery,

Clayton Mines, Inc., Orlando, Fla.—Files With SEC—
The

1953

follows:

2,499

(c)

filed

Continental

$472,298.30,

his

BED

30,

company

respect

and

request

consists

$1.58

to which it proposes to issue $3,102,000 of
debentures,
due
April l,
1964.
According

514%
as

98,889

(b)

miles.

display last week at the Motor Boat
City,
offering a choice of 4, 6, and 7 channels and ranging
power from 10 to 100 watts.
The new "Corvette" is expected to
ready for the 1954 boating season.—V. 173, p. 2182.
line,

stock

of

from

telephones in its
Show in New York

1952

$1,854,625

$38.38

effective date of the proposals.

of

pursuant

application,

The
ten

has

band

1953

assets at Sept.

with

stock

common

1953

30,

respectively.—V.

will

23

Holding

qualification
1939

unsecured

Henry,

radio

ocean

other

seven

Feb.

on

Consolidated

to

Continental

20.
set

marine

entire

of

Debentures for Shares of Five Firms—

megacycles.

18

«nder

Marron—University

Hudson

christened

be

To

crystal

Lou

to

Vice-President

t

powerful

telephone designed by

use

and 4,945,266,

Shares

Nov.

on

recently of $149,000 6% 10-year convertible debentures
and 5,960 shares of common stock (no par) to its stock¬
holders was fully subscribed by them, it was announced

3.

new

$2,174,590
share

per

investment

pany

to
1953,

Claude Neon, Inc.—Offers New Marine Telephone—
The

$1.59

;

outstanding..
business

of

prior
30,

$445,000.

called for redemption

were

be

shall

loan

debentures

As

purposes.

retired

the

of

sinking fund

and for other corporate

the

radio

close

stockholders

corporation

to

has also

company

for Flo-Ball Pen Corp.,

leased

the

5,233,901

were

share

shares

average

at

$666,543.66,

computing equipment, including read-in and read-out mech¬
anisms, pulse counters, and analog to digital converters.
The company is also engeged in the manufacture of gyroscopes and
•ervo mechanisms for guided missiles,
and the production of ammuni¬
tion components, all such work being done under government contracts.
Currently the company is manufacturing a retractable ball point

The

on

stock

common

Consolidated Grocers Corp.—To Change Name—

on

and

for

outstanding on Dec. 31. were 56,665, as compared with 55,541
Sept. 30, 1953.—V. 177, p. 2783.

share

Of

machines

for

common

per

♦Based

electrically operated and hand oper¬
recently begun the manufacture of

in

registers,

common

electronic

pen

available

•Earnings

March 30, 1939.
combination adding

adding

are

of
on

which

and

Shares

9,580,000

$13,130,000 $12,040,000
3,874,000
3,149,000

income

(a)

aflded to working capital.
incorporated in California

will be

products

models.

sale,

of

loans

Co.,

$12,470,000 $11,502,000
660,000
538,000

deductions

outstanding

of

publicly

share

per

Stock Exchange preceding the date
The offering was not underwritten.

bank

repay

.

income

on

This corporation

company

stock

to

to

Net

for

Clary Multiplier Corp.—Stock Offered—

used

plicates Its

1264.

p.

be
104.

p.

net assets

This

$88,897,000 $82,021,000
52,963,000
48,696,000
6,989,000
6,260,000

Income

Income

&

Products

will

179,

Diversified Funds, Inc.,

1953

,

.

income

Gross

,

Co.

RR.

City

shares

asset value

Net

order

taxes

Operating

and member of
a director and a

Chicago,

25

on

deVegh Mutual Fund, Inc.—Net Assets Up—

2303.

p.

below.

Corp.

expenses

Depreciation
Federal

of

Jan.

cor¬

1, 1969 at 100% of prin¬
the basis of $100 of debentures
of stock held.
The offering is not

(flat)

construction.—V.

Corp.—Proposed New Name—

revenues

Balance

Crown,

Corp.

on

other

convertible debentures due Feb.

See details in V. 179, p. 103.

Consolidated

Preferred

Chairman of the Board of Directors of Ma¬
Chicago, has been elected a director, it was
by William J. Sinek, President.
Chairman of the Board of the Empire State Build¬

Henry

Service

for

Detroit Edison Co.—Debentures Offered—The company

approval

announced

and

•

due 1984, has been oversubscribed and the

II Months Ended

City Products Corp.—Crown Elected a Director—
terial

allowing
capital to be

the

Consolidated Gas Electric Light & Power Co. of Bait,

..

surviving

the

of

4.

p.

authorized

shares,

new

is offering to its stockholders of record Jan. 6 the right
to subscribe on or before Feb. 1 for
$43,358,000 of 3V4%

program;

various

over

3.

p.

registration

a

it

and

jurisdiction

of

179,

filed

14

Consolidated Foods

its

aspects of the merger
wnd accompanying financing.
It is further indicated that at or prior
to the merger it is proposed to refund the $18,000,000 bank loan by
the issuance of approximately $9,000,000 of mortgage bonds, $2,500,000
of additional debentures and $6,500,000 in par value of additional pre¬
Nebraska

purposes.—

179,

the

5,000,000

Program—

indicates that this Commission and
Public Service Commissions of the States of Missouri, Kansas and

the

purposes.—V.

Financing—

increase

to

to

provide about $10,000,000 of
debt, to increase working capital

cipal amount

corporate

Public

by : merging Missouri Public
practicable after acquisition of

as

Jan.

on

200,000

covering

gage bonds,

Service

Gas

of

further

corporation

books closed.

if

program,

general

Consolidated Edison Co. of New York, Inc.—Offering
Oversubscribed—Morgan Stanley & Co.,, manager of the
.underwriting syndicate, .on Jan. 12 announced that the
offering of $35,000,000 of first and refunding 3%% mort¬

the sale by Cities be
approved.
According to this memorandum, Cities proposes to provide
lunds for the purchase of the Gas Service shares, to the extent of
$14,000,000 by the sale of additional shares of its common stock, and
to the extent of $18,000,000 from bank "loans due six months
after
the
date
of
lending.
The Missouri Public Service stock would be
offered for subscription by its stockholders pursuant to transferable
subscription rights, the unsubscribed stock to be purchased by under¬
Service

for

voted

to

retire

to

porate

18

from -3,000,000

As of Dec. 31—

by' Cities,

of the sale by the Commission.
submitted
a
memorandum .from Missouri

has

used

be

103.

p.

The

approval

also

Cities

offer

represents

Service

Public

common

the

and

cubject

for

Missouri

tainable

ditions,
f'

stock

179,

to

are

issue

Jan.

on

$1)

(par

9

underwritten.

invited purchase proposals from
groups of
underwriters who had indicated an interest in pur¬
chasing the 1,500.000 shares of Gas Service stock. Purchase proposals
were
received from three of
such groups on Dec. 23,
1953; and a
offer

proceeds

stock

stock

used

Composite Fund, Inc., Spokane, Wash.—Registers With
Securities and Exchange Commission—

lour

written

-

Co.

surance

Com¬

S.

for leave
Cities of
Missouri, had

should

Joplin
requested that a hearing be held.
Cities Service Co. had previously

purchase

'

due Jan. 15, 1973, viz: $4,760,000 to Prudential Insurance
Co. of America and $2,240,000 to Metropolitan Life In¬

the

notified of any hearing, and
be held, and that the

be

hearing

a

interest

stock

'

'

stockholders

capital
a

vately—The corporation has placed privately with two
insurance companies $7,000,000 of '4%'%" promissory notes

!

-

to

applied

178, p. 2474.

I

to Missouri Public Service Co. for $32,000,000;
scheduled the matter for hearing on Jan.

requested

City,

its

has

13,

Jan.

on

The

'

has

Commission's

intervene

Kansas

sell

to

Mo.)

Commission

26,1954.

announced

was

Delhi Oil Corp.—Stock Increased—Plans

r

.

1953—12 Mos—1952

Columbia Broadcasting System, Inc.—Notes Sold Pri¬

-

102.

p.

Co.—Proposed Sale of Holdings—

it

company,

179,

1933—4 Wks.—1952

$20,353,849 $18,226,206 $233,889,931 $214,995,020'

—V.

1954 and to mature annually from March 1, 1955
to 1969, inclusive.
The net proceeds are to be used to pay about 80%
or
the cost of an $8,125,835
equipment order, which includes box
and

Period End. Dec. 26—

-Sales

to be dated March 1,

oars

(397)

The

Vlco-

10

The Commercial and Financial Chronicle...
Monday, January 25,

(398)

Eastman Kodak
The

Dec.

on

24,

of

Co.

Trust

1953.—V.

178,

New

will

York

act

1473.

p.

The

all

have

stock

a

The

of

800,000

Autoyre

and

Autoyre

sold

are

through

the

channels and the lines complement each other perfectly, it was pointed
by Benjamin A. Ragir, President of Ekco.
Autoyre also brings
Ekco a. number
of patented
production techniques that will be

Association

Ekco

to

will

production
The

and

add

immediately,

Autoyre

its

to

also

Mr.

which

Co.,

British

the

full

Ragir

has

subsidiary,
line

of

Platers

& Stampers,
products to its

Autoyre

business

in

since

1905,

has

178, p. 568.

a

&

corporation

with

the

market,

speakers,
The

Jan.

on

$09.95

Corp.

Enters

—

entered

20

the

of

and

according to S.

The

W.

Gross,

high-fide'.ity

lowest-priced

the

models

Hi-Fi

50

to

tone

12,000 cycles.

brilliance

to

each

contain

models

three

A

increased
continue

charge of

sales.

York

under

variable control allows the

investment

the

179,

Wheelabrator

has

given

in

listener

to

forward

1953

said

adjust

factois

for

its own

Feb.

stock;

common

1954,

10,

to

thetic

to

the

of

(89.3%)

of

the

of

the

outstanding

shares)

is held in

two

their

of

Bell

and

the

on

the

same

class

of

class

of

the
Bell

its

Wheelabrator

of

plan

exchange
it

all

for

owns

the

of

common

1,750,000

is

shares
of

to

order,

increase

stock

stockholders

will

stock

to

and

share,

a

be

for

its

other

called

the

authorize

to

$142,500.

or

stock

issuance

corporations.—V.

178,

to

1,250,000

Bell* stock

of

p.

from

in

This company on Jan.

18

public

applied

first

balance,

if

to

sale
the

will

any,

exchange

filed

a registration statement with the SEC
mortgage bonds, series A, due 1984, to be

at competitive bidding.
Net proceeds will be
payment
of short-term indebtedness and the
used to pay for construction or to reimburse

be

treasury therefor. At Dec. 31, 1953, the company had outstanding
$4,750,000 of short-term notes payable to its parent, New England
Electric
system,
and
to
a
bank
representing
borrowings
initially
incurred to pay for property additions.
Construction expenditures In
estimated

are

$i,500,000.—V. 178,

at

p.

2475.

Camera

Instrument

&

Corp.

Establishes

—

Canadian Subsidiary—
To

promote

printers

by

the

interest

providing

Steven

their

Canadian

service

Scan-a-Graver
Instrument Corp. of

Canada,

Fairchild

Instrument

to

an

Camera

needs

&

announcement

The

by

new

a

Tulsa,
The

direct

more

has

Corp.,
H.

attention

its

President.

Canadian

its

Farrington Manufacturing Co.—Two New Directors—
J.

Carlton

Bagnall, Vice-President in Charge of Sales, and F. Hall
Hately, Assistant Treasurer and Controller, have been elected directors.
Mr.

been

Bagnall

was

Controller

of

formerly President

o°f Swank,

Farrington since 1950.—V.

Inc.;

173, p.

Mr.

Three

Months

Ended

Nov.

30—

4.

taxes
—

Mr.

182,244

——

loss,

provision

Preferred

Crl48,444

tBased

for

$132,029

$0.08

$0.08

1,547,256

on

preferred

common

shares

outstanding,

dividends.

requirements for the quarter ended Nov. 30, 1953,
were increased
by the sale of 41,338 shares of new $50
par value 5Va%
cumulative convertible preferred
stock, 1953 series, in April, 1953,
.

In

view

of

Wilson

diesel

tially
the
of

in

the

ahead

second

of

company's

total

—V.

volume,
179, p. 4.

that

other
also

quarter of
for

the

1954

fiscal

corresponding

products,
are

the

which

expected

to

in

continue

will

year

quarter

fiscal

of

1953

at

Electric

be

1953.

substan¬
Sales

represented

satisfactory

of

48%

levels."

The

All sold.

net proceeds

to go

Fire Association of

to

a

selling stockholder.-r-V.

178, p. 2572.

Philadelphia—Stock Offered—K. B.
Jan. 18 announced that the directors
have authorized the issuance of
340,000 shares of $10 par
value capital stock at
$22.50 per share, at the rate of one
,

Hatch, President,

on

\




tires for

taxes

one

equ pment

Mr. Firestone said,
remain high because
or older on American

old

(net)

29,732,437

amortization;

76,443

129,705

i.icome—_____

Common

'due

after

4,881,654
year)___

one
_

19,750,000

—

634,938

—

153,107

_—

_____

preferred stock (par $100)_—_
cumulative preferred stock <par $50>__

stock

$5»

(par

4,000,000

7,929,306
8,312,085

:

surplus

6,007,368

:___

8,801,176

—

Total._________
''Of

Foremost

—V.

State

178,

$75,134,290

Dairies,

Inc.

Subsidiaries

and

of

as

Co., Ltd. and Subsidiary Companies

Oct.

10,

1953, and

of Sept.

a.3

1953.

30,

2304.

p.

.

,

Futures, Inc., N. Y.—Profits Increase Stock Value—
Shares
than

at

of

three

low

this commodity mutual fund have gone up 50% I In less
months, it was announced on Jan. 18. Futures, Inc., from

point

the

of

close

of

last

few

coffee

174,

asked

at

15

Oct.

on

$2.39

1953

15,

bid—$2.60

into

entered

short

positions

in

quoted

was

asked.

and coffee,

cocoa

Profits

taken

methods which Futures, Inc., now
the management has taken profits

days

has

and

Jan.

long positions in

on

trend-following

wool.—V.

bid—$1.73

$1.59

Friday,

made mostly

were

the basis

on

Within

uses.

cocoa

and

soybeans,

and

on

corn,

995.

p.

■

Gabriel Co.—Borrows From Banks—
E.

J.

Trainer

since

elected

were

Vice-President,

Executive

of

16

Jan.

on

Harvey

S.

The
company
has borrowed from the Central National Bank
Cleveland and the New York Trust Co. a total of $1,500,000 on

414%

Research
as
Vice-

note due April

Game well Co.
Net

operating

profits

(Okla.) Firm—

Miscellaneous

Total

continue to

will

separator;

also

the

sell

U.

'interfacial

Fram

Warner

the

;

$1,891,288

Lewis

S.

53,505

45,012

$1,850,368

1,210,091

1,160,604

.

and

Canadian

profits

excess

income

taxes

taxes

113,775

178, p.

106,658

$620,926

$583,105

$1.73

:

Earns, per share
—V.

$1,805,356

$1,944,793

U.

S.

1952

excess'

and

income

income

similar, each is supe¬

are

income

income

Provision for

Net

market

and

1953

-

before

depreciation

and

Depreciation

;

Although these products

(<fe Subs.)—Earnings—

prolit

taxes

of

its

1876.

11,

Jan.

on

and

9

1959—V. 178, p.

1,

6 Months Ended Nov. 30—

1940.—Vj. 179, p. 4.

by

"We

4,016,992

_*—

liabilities—

sinking fund

look
.

$771,015
9,741,944

___

cumulative convertible

that

stockholders, "indicates
to be large and we

continue

during the coming year."-

and

liquid

of

unit.

1,148,377

Earned surplus

and passenger

this corporation of the Warner Lewis Co.
will be known as the Warner Lewis Company,

which
Corp.

670,408

year

734,084

on

payable

Cap tax

all

1954,

years

told

will

Production

commercial

of

$1.63

357,912 shrs. outstanding)

(on

1371.

Gas Industries Fund, Inc.—Net Asset Value—

solvents

and

wide

a

of

range

increase

Lewis'

of

taxes

Fram's

stock,

common

Warner

sales

consolidated

according

ending

to

1952

and

earnings

30.—V.

other

and

assets

of

authorized-but-unissued
Warner

of

for

1953

shares

Lewis.

of

The

comparable

are

the
Corp.

to

Fram

stock
of

178,

for

the

all

exchanged

outstanding

shares

both

of

F.

by

for

of Directors of

Foremost, Grover D. Turnbow, President
of Foremost, and J. R. Little, President of Golden
State,
on January 20.
working

cash,

book

Little

Reinhold

of

stock

will

to

Mr.

value

common

overseas

the

has

as

companies

will

be

about

According

Vice-President

of

produces

and

Golden

sells

to Mr. Reinhold,

State

of

Foremost

while

out

of

will be

earnings in dividends.
$3.50

over

share

per

The plan

of consolidation provides

(1)

of

Each

the

40,000

preferred stock
cumulative

of

He

in

convertible

will

preferred

be

shares
the

of

into

cumula¬
share

one

continuing

cor¬

poration;
Each

stock

of

stock

Golden

cumulative

(41

the

of

(par

483,839

presently

State, will

value

$5

per

be

preferred stock of

Each

of

stock

Each

the

of

of

and

$4

into

par

shares

of
of

common

4% %

'

sinking fund

the

will

be

presently

redeemed

outstanding

preferred stock of Foremost

will

be

in

cash

shares

converted

at

of

into

(6.

$5

will

of

$52.50

4V2%

one

6%
a

pre¬

share;

cumulative

share

of

412%

The

be

converted

into

one

share

stock

(pax-

stock

of

of

the

the

excess

of

ferred stock of Foremost
(71

The. sum

261,381

of

preferred

the

common

share)

subsidiary of Foremost will be redeemed
represents

of

continuing corporation;
presently outstanding 5% cumulative preferred

per

of

which

and

the
to

cost

be

$5,355,714

represents

common

over

in

the

cash

par

and

value

a

$94,333 of which
of

the

6%

pre¬

redeemed;
will

the

stocks

be

charged

excess

of

the

of

to

capital

aggregate

continuing

incorporate
the
latest
ideas
and
work is expected to be undertaken
This particular contract does

plants.

the Air Force

to

systems, completely tested and
for the B-47 Stratojet bomber

1952.-

in

transformer

weight

15.000 volts and
179, p. 105.

voltage

featuring

height

and

has

a

method,

cooling

new

been

announced

this

by

Other

below.

ratings

will

be

added

in

the

future.—V.

Corp.

Motors

General

on

Expansion

—

a

new

in Next

Program

H.

Curtice,

said

Curtice

Mr.

will spend one billion dollars in the next two years
"meet the needs of an expanding mar¬
President, announced on Jan. 19.

expansion program to

Harlow

will be used mainly to provide additional

funds

the

capacity for GM's automotive divisions.

will

60%

program,

1955,

new

capital

GM's

"in

addition"

tight-year
the

By
three
War

accomplished
he added.

be

fall of

by the

to

investment

expenditures

period

fall

of

he

1955,

two

of

said,

billion

through

capital expenditure

new

1954,

Mr.

program,

1946

from

Of the

during

and

the

dollars

remainder

explained,

Curtice

by

GM

dollars

in

is

during

1953.

for

capital

General Motors "will have
investment. since the end

addition

billion

II,"

to

annual

expenditures

for

expanded
of

World

tools

special

during

period.

taken

program,"

expansion

new

this

at

enable

to

time

keep

to

assure

Mr.

General

Curtice

said,

Motors

us

pace

"is

being under¬

adequate

with the normal growth
appraise it for the future."—V. 179, p. 204.

of

the

capacity

market

as

to
we

General Shoe Corp.—Secondary Offering—A
secondary
offering of 10,707 shares of common stock (par $1) was
made on Jan. 15 by Smith, Barney & Co, at $41.25 per
share, with a dealer's discount of $1.25 per share. It was

oversubscribed and the books closed.—V. 178, p. 2476.

sinking fund cumulative preferred stock of the
continuing corporation;
(5< Each of the presently
authorized shares of common stock of
value

Department, said that the
potential of the present system

common

share

one

value

continuing corporation;
presently outstanding shares

37,733.2

Foremost
the

outstanding

converted

sharei

of

reductions

"This

4%

of

converted

was

the

work.
delivering armament

substation-size

new

this

stock

been

it

company's Distribution Transformer Department, Pittsfield, Mass.
The
new
transformer
is
available
in
ratings
of
250-kva,
high

earn¬

devel¬

follows:

as

State

combined

unforeseen

approximately $300,000,000.

presently outstanding

Golden

that

barring

has

production
been

the

expects

1954,

amount to

armament

bombers

Department,

New Transformer Announced—
A

and

is to pay 50%

company

improved

an

B-66

Products

which

Electric

installation,

August

ket,"

division.

86

the policy of the

opments and that total sales will

(2)

assets

per

products
in
more
than
50
plants and branches throughout California.
Special stockholders meetings to approve the merger will be held
shortly by both companies.

4%

$19.10.

was

of the
payable Dec.

net

dividend

Two Years to Cost $1,000,000,000—

$14

currently markets dairy products in 112 rapidly
expanding
in
22 States
across
the
country, and also carries on
in Hawaii, Okinawa, Guam and
Japan.

State

for

This corporation

Executive

President

design

Douglas

Manager of
increasing the

development

General

for

since

outstanding.

become

serve

said.

merged

operations

Golden

of

fund

the

the

the

15.

prototypes

The

include

not

to

and

Aircraft

General

provides

several

at

approximately

in

net

of

Law,

contract

B-47

company's

Jan.

on

developing

will give Foremost total assets of more than
$75,000,000,
capital of
more
than $23,000,000,
and

merger

$15,000,000

tive

of

and

for

Co.—Receives Air Force Contract—

Force

Boeing

this

by

B.

G-E

Golden State Co., Ltd., was
by the directors of both companies, it was
announced by Paul E. Reinhold, Chairman of the Board

Air

the

techniques.

approved

60%

share

per

outstanding
allowance

1985.

p.

announced

ger of this corporation and

to

after

$5,000,000

received

1159.

p.

Foremost Dairies, Inc.—Proposed Consolidation—Mer¬

The

value

asset

net

shares

178,

contract

facilities, buildings,
through an exchange of

Co.

amount

disclosed.—V.

not

was

Lewis

Warner

A

ready

net

the

1,173,506
$22,419,499

General Electric

per-

net income

a

year, but final
figures are not yet available.
Fram
consolidated gross sales for 1953 are expected to top $23,000,000.
Terms of the purchase give Fram all production

The

18

were
were

system

$2,150,000, with

were

Operations

$237,000.

income

Wilson.

Mr.

previous

stock

Dec.

There
Fund

purchase agreement, concluded early this month, were
by Fram.
However, the acquisition of Warner Lewis is

to

of

before

by¬

petroleum

On

the

disclosed

expected
share

Foremost
are

996,104
after

written-down amounts)-

or

'

Terms
not

ferred

Products

Co., Newark, N. J.—Stock
Offered—H. M. Byllesby & Co.
(Inc.) on Jan. 6 offered
10,000 shares of common stock (par
$1) at $10.50 per

chare.

under¬

ever

Chairman of the Board and President,

said:

type

fuel,

(3'

Federal

for

products.

the

volume of orders
currently on hand and the fact
quantity deliveries are just getting under way, Salvatore Gior¬
dano, President, said, "It is anticipated that room air
conditioner
that

■volume

2'/2

cars

positions

of

11,360,902

.

etc.:

<at cost

less

212,875

15,707,852

market).

or

payable
payable

accrued

4V2%

on

to the
other in certain respects, meeting all customer needs in
increasingly important industrial market."
Liquid separator filters are used, extensively in petroleum, chemical
and general industry to remove solid contaminants and
water from
liquid hydrocarbons, including gasoline, turbine oil, jet fuel, kerosene,

ings

dividend

cost

rior

*16,415

share-

common

4%

greater

Firestone

Corp., filter manufacturers, thus acquires a wholly owned
company specializing in liquid fuel separators, filters and

communities

$158,645

per

•Operating
after

1952

$7,744,274

profit

TEarnings

Other

Fram

Foremost

1953

_

Net

Okla.,

continuing

340.889

_

Taxes

company,

with

products

based by Mr.

was

potential

progress

purchase

'Excelso-type*

share

$8,875,618

___.

before

of

calibrating tanks.

Mr.

Profit

created

Wilson,

of

tension'

Hately has

Feddcrs-Quigan Corp.—Sales and Earnings Up—
Bales

the

Fram

meter

to

subsidiary has
already commenced
its
operations
headquarters in the Toronto Type Foundry Building at 120
"Wellington Street West, Toronto, Canada.—V. 177, p. 2128.
at

Federal

commercial

Fairchild Camera &
been organised by its parent
Syosset, New York, according

Clough,

of

plastic yarns and Butaprene syn¬
markets for the company's sales

Firestone

Firestone

the

subsidiary

subsidiary,

Ltd.

John

and

newspapers

and

of

(net)

Notes, contracts, etc., payable within one year—.

the

Charge

B.

companies
of

faster

$14,494,808

receivable—due

and

cost

deposits

$75,134,290

Accounts

Promoted—

in

announced

land

Fairchild

history

replacement tires should

number

our

C.

and

SHEET

BALANCE

charges

Dividends

this

1985,

the

1954

1954

new

sales

for

to substantial

Division

immediately after
of voting upon charter amend¬

common

the

Fram Corp.—Acquires Tulsa

.

to the

Equity,
special meeting
issuance of the

A

for

newly

shares
redeem

purpose

authorized

covering $5,000,000 of first
for

the

of

Essex County Electric Co., Salem, Mass. —
Registers
With Securities and Exchange Commission—

offered

to

of

offer

an

in

Velon

up

products

market

the

use

LIABILITIES—

/

progress"and

safer and longer-wearing truck

open

Mr.

shares

seven

make

exchange their
agreement also provides, as a condition
stock, that Wheelabrator shall
stock, namely the 28,500 shares owned by

stockholders
to

also

sales

net

ini the

increasing

and

Total__

of

stockholders

told

16

"substantial

of

year

Jan.

on

re¬

B

common

A

exemption

Equity

of
class

The

the

1952

in

Firestone, Jr., Chairman, announced.
Raymond Firestone has been Vice-President in Charge of
and Development since
1949
and Mr. Trainer has served

<35,958

agreement

and

a

resins,

will

market

Officials

officers of Wheelabrator and

a

which

common.

redemption price of $5

ments

for

B

Wheelabrator

basis.

exchange

SEC

entered into
which Equity
will

Wheelabrator

individual

of

have

ot

to

all

stock

common

the

com¬

adjustment

corporation;

obligations—at cost

licenses,

accounts

(at

Golden

factor

Raymond

stock of Wheelabrator,
voting power of Wheelabrator. The balance
B

Patents

a

the

that

forward

common

the basis of eight shares of Bell common for each

on

Wheelabrator

volume

•

prospects for

vinyl

new

President

under

of

at

voting

varied amounts by four

Equity

stock

common

class

B

to

the

wives.

organization
Bell

class

of the

lower

plant

Deferred

operations.

underwriting

premium

net

Chairman

highways.
"This situation,"

hearing

a

the

representing 90.1%

its

as:

rubbers,

Another
was

application, Equity and a subsidiary and affiliate
of Equity own 439,276 shares of the outstanding common stock of Bell,
constituting 49.7 % of the voting power of Bell.
Equity also owns
28,500 shares (100%) of the class A voting common stock and 300,000
chares

of

(at

insurance,

and

Fire

the

organization.

the SEC

and

request

tires,

car

company

until

persons

Notes

forms of

largest program of modernization and expansion
taken by the company was carried out during 1953.
Development of many new products, including tubeiess

thereon.

According

enabling

accomplishments and the prospects for 1954, Mr.
the company's "production facilities are adequate

that

in

$5,355,714

$10,000,000

borrow

receivable, current

Sundry investments

in

the company's capital and

The

Company Act
with respect to certain
through which Bell would acquire common stock

exchange

interested

Prepaid

of
the

on

paid

been

Property,

$7,500,000,

equipped to turn out more and better
and efficiency than ever before."

such

203.

p.

reviewing

stocks

common

of

all

Jr.,

highest

Confidence

Investment

transactions

proposed
of

the

expansion

virtually

Firestone,

looked

he

and

has joined with two of its
affiliates, Bell Aircraft Corp. and American Wheelabrator & Equipment
Corp., in the filing of an application with the SEC for an exemption
order

rate

have

economy

newly-designed
four-tube
reproduction of a frequency range

will

the

continuing

Minority interest

In

three-speed

the

COMBINED

demand

and

notes

Other long-term debt

Firestone

Corp.—Unit Receives Exchange Offer—

New

approximately

the

Association

writing

S.

the

the respective

to Proposed Merger Transactions—See Above]

Government

and

Inventories

/

types of motor vehicles,

Equity
This

annual

result of this financing,

a

dividend

annual

share

$1,029,402,035.

on

six-inch

a

desirable level.—V.

any

aggregate
per

capital stock

Accounts

Notes

phonograph

taole

with

latter

Vice-President in

amplifier that provides undistorted
of

the

tv/o

$129.95,

simultaneously introduced the lowest-priced
phonograph on the market, at $22.95.

two

$3

its

on

hand

on

United States

per

Harvey

High-

that

company

portable

an

present

cents

Firestone Tire & Rubber Co.—Reports Record Sales-

Phonograph

introduction

at

receive

the

Dividends

had
a
consolidated
$35,772,000.—V. 179, p. 203.

reported

This

the

Cash

expressed their intention to declare

Philadelphia,

Fidelity Phonograph Field—
field

in

surplus,
in

corporation

(After Giving Effect

author¬

an

.

,

,

Radio

continuing

capital

combined

the company

Philadelphia, organized in 1817. is
insurance except life.
Con¬
ducting business throughout the United States and its possessions, the
company and its wholly-owned subsidiary, Reliance Insurance Co. of

"•

•

Emerson

be
to

BUSINESS—Fire

modern plant of 160,000 square feet at Oakville.
production there will
be expanded immediately, Mr. Ragir said.
Mr. Shailer will continue
as President of Autoyre and
will become a member of the Ekco board
of directors.—V.

will

engaged

said.

been

be

value of

converted;

surplus accounts of

^

this financing,

1858.

PROCEEDS—As

surplus

which

have

and

with

held.

since

year

out

beneficial

directors

shares

two

now

to

Ltd.,

be

of

case

will

stated

or

par

to

capital

ASSETS—

compared

as

share

each

trade

same

completion of

dividend in February of 52Vz

hold

would
$4 20

stock.
Elcco

warrants.

the

in

above,

The

and

proceeds to retire $5,800,000 long-term debts of. Golden State,
$1,221,586 notes, purchase-money obligations, etc., of Foremost.

shares.

quarterly

one

of

of

Foremost

earned

less

indicated

share—contemplat¬
ing an annual rate of $2.10 per .share.
Thus a stockholder presently
owning one share who subscribes for the additional share at $22.50,

Co., Oakville, Conn., manufacturers of stamped and polished bathroom
fittings, it was announced on Jan. 14 by Arthur Keating. Chairman
of Ekco, and Philip B. Shailer, President of Autoyre.
Stockholders of
Autoyre will receive approximately 80,000 shares of Ekco common
Products

exercise

and

aggregate

and

The

panies

has been appointed warrant

Philadelphia

outstanding 680,000 shares of capital stock out of

DIVIDENDS—The

capital

the

<81

"PRO-FORMA

Ekco Products Co.—Acquisition—
acquired

transfer

CAPITALIZATION—Upon
will
ized

has

the

for

of

the

over

Golden

of

<9>

Provident Trust Co.

agent

The public offering made on Jan.
12 of 114,000 shares of capital
etock by Schwabacher & Co. and associates at $7.37 Vz per share was
quickly oversubscribed. See details in V. 179, p. 203.

company

issued

of record

This subscription offer, which is not

advisory capacity.

an

Eitel-McCullough, Inc.—Offering Oversubscribed—

This

held

Jan. 18,
being under¬
written, will expire on Feb. 17, 1954., The First Boston
Corporation has been retained by the company to act in
1954.

New

as

share for each share

additional

Co.—Scrip Redemption Agent—

York agent
for, the redemption of scrip certificates for common stock dated Jan.
26, 1952, which expired for the purpose of comoination into full shares
Guaranty

1954

par

surplus,
value

corporation

of

to

$5,-

General Telephone Co. of California—Preferred Stock

Offered Paine,

Tully

Co.,
par

subscribed
The
to

1947

Nov.

Webber, Jackson & Curtis and Mitchum,
made a public offering on Jan. 19 of

shares

series, at

the

be

&

200,000

1,

of

5%

($20

and

cumulative preferred

per

the

share).

books

series

preferred stock is redeemable at $22

1957;

$21.75

per

share

stock,

The offering

was

1947
over¬

closed.
thereafter

and1

per share

prior

to

prior

Nov.

1,

(399)

1962;

$21.50

$21.25

construction

mately

thereafter;
net

Central

Oct.

31,

in

months

Nov.

dividends

facilities,

and had

$6,952,542,

Oct.

to

prior

the

provides

company

of

ended

of

and

accrued

from

sale

each

be

estimated

to

telephone

income

net

the

for

with

compared

service

Series

Southern

months

12

$5,008,401

ended

the

for

GIVING

EFFECT

TO

PRESENT

FINANCING

Outstanding

bonds—

due Dec.

1,

Series

B, 3lA%,
C,

due

1,

1969
1974™

Series

D, 3»/«%,

due Nov. 1,

1977™

Nov.

$1,368,000
10,300,000

•

Series

E,

1,

1978

Series

F, due Nov. 1,
G, due Oct. 1,

1979

Series

1981

(33/8%)__
(27/8%)
(3%%)__

Series

H,

1982

(33A%)

par

6,950,000
6,000,000
15,000,000

,

,

value)—1

Cumul.

due Nov.

due Oct.

pfd.

4y2%

stock

<.$20

•Future

series,

Common

stock

if

19,688 shs.

__//

shares

150,000

company,

Dec.

on

'-None

§2,133,038 shs."

2,500,000 shs.

value)^

par

§Includes

parent
179,

any

($20

•Unlimited.

Corp.;

280.312 shs.

1,437,724 shs.

7,

General "Telephone

to

issued

cash

for

1953,

expire

$20

at

McDonald &

share.

a

5.

p.

The Cleveland

_™

-$747,609

$631,243

t

472,327

474,477

5,277,693

Operating revenues
Operating expenses J
Federal

$8,080,161^

income

taxes-_

88,000

31.000

taxes_*_

,70,338

42,497

A

$6,716,367,

623,592

Net

operating

after

—V.

income

charges—*

178,

$83,269

$116,944
80,246

$798,637

$1,259,876

43,594

458,372

886,996

'

sets

•

the

General Telephone Co. of Ohio—Earnings—
Period.End. Nov. 30—

Federal

•'

$545,818

$7,222,093

454,487

379,568

income

'

; 46,312

7

517,944

405,493

$116,938-

47,311
$102,325

$1,152,170

$683,948

' 3,000

operating
charges

70,575

90,387

426,396

786,362'-

General Telephone Co.- of the Southwest—Earnings—
Period End. Nov. 30—

Operating

expenses

$1,200,906

849,978

628,685

8,264,228

103,000

—

taxes—

income

1953—11 Mos.—1952

1953—Month—1952

„

revenues

Operating
Other

106,000

1,291,506

$9,617,434
6,774,957
934,000

48,571

732,632

540,311

$929,188 $12,121,651 »

96,373 "

operating taxes—

Net

operating

after

—V.

income

•

$151,555

charges

178,

to

payable

1954,

Incl.

and

note

Co.

$145,932

99,475

April

income

after

At

Riter

908,378

565,436

$11,382,942

$8,330,296
- 973,249

of

$3.56

$2.87

2,932,300

2,004,300

$4.05

$3.32

Earnings

per

178, p.

Theatre

2,362,900

3,342,300
-$3.85

-

Investments Co.,

Properties

(Hamilton)

Period End. Nov. 30—

,

$4.46

-

revenues-

$278,832

Ry. operating

expenses.

238,147

ry. <opers.

$40,735

income—

2,003

ry.

—V.

165,

fr.

opcr.

This

from

Net

from

Net

ry.

from

Net

ry.

—V.

237,939

2,985,549

2,815,067

$87,712

$629,394

$666,790

42,160

109,950

172,216

-

„

,.

per

;

$797,066
181,649

170,804

8,874,775
1,691,912

,1,611,800

Dairies, Inc.

has

-.8,862,611-

to

12.09

Chas. W. Scranton & Co

Daggett,

certain

178,

'

2305.

p.

Fahey, Clark & Co
Saunders, Stiver & Co

.

10.08
•

___'

5.03

5.85

purchased
San

site

a

of

Francisco

President.

automotive

storage

said

battery

construction

acres

start

as

soon
.

industrial

of

storage

batteries,

he

in

operation

started

on

in
auto

an

United

States

battery plant

and

the

Tennessee.

phate

Canada.

of

the

and

in Houston, Texas.

Food-O-Mat

Co.—Unit Changes Name—

Corp.

Equipment

President.•-The

has

changed

Corp.,

change

it

.

its

,.

corporate name to'the North
announced by Carl W. Shaver,

was

became

.

effective,

on

Jan.

••

company

also moved

on

Jan.-

20

from

its

former

headquarters

.!

modern
chain

that
*•

The

f

new

sales

'of
•

Drug-Q-Mats to supermarkets and

'

Opens New Super Market—
A

j.

and

fruits

new

in

Grand

1954,

market

and

Union

was

opened

lias-/a

total

-storage

area.

super

in
area

Midland

N. J.-;

Park,

of -<more-than

Food-O-Mat.

Meateria,

and

vegetables,, baked goods, dairy,/frozen
food departments are included. —V. 179,'p. 204. '"

be

to

on

13,000

;

frozen

foods
/ "

by
Jkn..T3.

opened

feet
fish,-fresh

of

a

: oh
>a

.

i

-i* - The
i
>

^

.

new

new

Great Northern Ry.—Equipment Trust

on

Jan.

20

offered

Weld

.

&

6i

Co.

!

,2.500

Co.,

■

Inc

—_

:

Inc

Spencer
H.

Co

&

&

Co

Hutton

F.

ft

2.000

•Burke

Fitch,

___!

North

Co

ft
MacDonald--

&

—

—

Peet

Co.™,

&

1.000

•

;

-

3.000

3,000

1,000

1

.

-

y

6,000
3,000

1,000

.

Kirkpatrick-Pettis Co.
O.

6,000

2,000
1.000

CO

Newhard, Cook ft Co

Barrett,

6,000

2,500

Trask ft Co

Walker

.

2,500

✓

Witter & Co

Goodbody
-E.

-

7,000

2.000

Co../.

11,000
11,000
7,000
7,000
7.000
7,000
7,000
7,000
7,000

2,500

&

Burr,

42,230
42,230
11,000
11,000
11,000

9,500
9,500
4,200
4,200
4,200
4,200
4,200
(2,500
2,500
2.500
2.500

Co

Brothers ft Co

Stern

r

•

Common Stock

3,000

(

the item appearing in last
Monday's issue (Jan. 18, 1954) on page 205, covering the
comparative statement of earnings (for the period ended
Sept. 30, 1953) and the matter immediately following,
should have been published under the heading "Kansas
Power & Light Co."
See also V. 179, pp. 204 and 6.
Correction—That

Division—

•

part of

^

•'

I

Corp.

—

1953—12 Mos.—1952
$6,720,552 $33,731,754 $31,241,737
5,620,393
27,691,095 25,571,837

1953—Month—1952

Period End. Sept. 30—
___

" $7,346,006

and

taxes.

6,123,644

operating

income

$1,222,362
44

$1,100,159

Non-operating income--

•

633

$6,040,659
12,881

$5,669,900
4,904

income

$1,222,406

$1,100,792

$6,053,540

$5,674,804

426,871

341,724

1,580,147

1,300,250

$795,535

$759,068

$4,473,393

$4,374,554

*282,092

219,648

946,592

878,592

$513,443

$539,420

Operating -revenues
Oper.

exp.

Goss

•

etc./ deductions—

Int.,
Net

income

:

Preferred' dividends

Balance

y

-

PLANS

for
and
per

common

surplus

.

_

:

EXPANSION—The

fered—Merrill"

&

company,

contractors

with

for

to

Argentine
begin in

T. Si T.
original

approximately 50,000 kw. to the

addition,

which

will

increase

STOCK OPTION
.

pesos.

establishment

of

a

pro-

monthly.—'V. .17$, p. 949.

Lynch,

Pierce, * Fenner

&

Beane

and

Co.; jointly headed a group which on

construction of

the

Employee

^

'-

•

"Options to

purchase

Oct.'13,

1954,

on

the New York Stock

to

completion by April 1, 1955.

Option

Stock

by the directors for the

Plan

was

approved by

1953.

eligibl®
including

under this plan were granted to
Such employees have until and

to accept the option

$15.20

/

stocli

share which

of

per

of the Lawrence Station

annual meeting on May 5,

1953.

addition

an

Lawrence Generation Station. This
rating

PLAN—A recommendation

an

the stockholders at the

April of this year with

the

approximately 100,000 kw., is scheduled for

•

capital of the new company will be supplied 50% by I.
of leading Argentine industrialists.
Its

million

$3,526,801 $3,495,962
$1.37
$1.36
in November, 1953, completed

share (on 2,750,000 shs.)

common

artangements

television and radio receivers,
cathode-ray picture tubes and other

_

1

*

*nd"50%'by:a'group

20

of

Forms

the manufacture of

*'i" Production" (Is-scheduled

Earnings

—

.

combinations,

'

Co.—Earnings, Etc.—

Kansas Power & Light

Phosphate

IowajUlinois Gas & Electric Co.—Preferred Stock Of•

through

acting

.

Corp.^

&

and

Allyn

C.

Net.

of the

tubes'in 'Argentina.

$5,070,000 of 2%% equipment trust -•■White? Weld




and

Inc

Boston

Hallgarten & Co.-..

Phosphate

^'jected production of 1,500 TV receivers

Certificates Of¬

tne

Number of Shares

employees on Oct. 14,

fered—A syndicate headed by Salomon Bros. & Hutzler>

below,

,

Bear, Stearns & Co

The Phosphate Minerals Division wlil

Sosthenes'" Behn,

.capitalization :'lfe

company

within

the respective numbers
additional common stock set

Preferred Stock

Peabody

White,

be rereflnlng^of phosphate ores in Florida and
Phosphate Chemicals Division will produce phos¬

company: for

receiving

bonded,"

company

Lynch, Pierce, Fenner & Beane

sell, chemicals.

radio-phonograph
•

dietetic

.

stock

preferred

Barney ft Co

(A.

Chairman and Chief
Executive- • Officer,
Jan. 14 announced the formation of Capehart Argentina," S. A. I. C.,

new

the

1953,

31,

Oct.

named

underwriters

Merrill

production and sales program International will have

divisions.

establishment

-Colonel

out¬

deed of trust, dated

conditions relating to the issu¬
<
,
.
;

-

Forgan

Kidder,

Dean

.

International Telephone - & .Telegraph
1 Argentine Unit—
- •• -

square-

and

At

theretofore

not

Smith,

Oedekerk

/ -

I",
first

supplemented.

additions

bonds.

new

& Co.,

dlvs.

other food store's.

'

"

market,

of

First

i
-

time be

at any

may

mortgage and

:

Blyth

at

-Bake-O-Mats

indenture of

as

below:

Glore.

-

"

The

3,000,000 shs.

.

which

,

20.

50 Church St.
in New York City, - to larger and more adequate
quarters at 250 Vfeeland Ave., Pater'sori, 'N"."J.
Mr. Shaver pointed '.out
that.the sale of. eqnipment in.the food
"field continues to be a major part of the company's business, and a
: special
Food
Industry
Division
will
handle
sales
of. Foodr-O-Mats,-

1946,

additional

of

shares

-

Union

1,

property

•'•'.•■

announced

new

The

series

all

of

.

Execu¬

Chemicals Division as separate
from the corporation's other phosphate activities was timed with the
completion of International'# new Bonnie plant near Bartow.
This
plant, which represents an investment of approximately $15,000,000,
produces defluorinated phosphate for use as-an animal feed supplement
as
Its primary
product.
It ajso produces multiple superphosphate
having the-highest-available phosphorous analysis for use as plant
food.
As
a-by-product -it extracts
uranium compounds from the
"phosphate ore,' for the Atomic Energy Commission.—V. 179, p. 6.
The

bonds

principal amount of additional bonds on the basis of net property

of

sponsible for the mining and

industrial battery, and battery

the

establishment

phosphate

stock

preferred

.

,

Under

Dec.

"net

forth

TThe

two
•

amount of

100,000 shs.
78,400 shs.
-100,000 shs.
70,000 shs.
2,450,000 shs.

stock

preferred

preferred

cumulative

UNDERWRITERS—The

Division.

said. *

cumulative

Blyth & Co., Inc. and The First Boston Corp., as representatives, have

H.

was

issuable

$100)

severally agreed-to purchase from the

Chemicals Division by this
on Jan. 15 by Louis Ware, President.
will, provide for the continued growth of Interchemicals operations, which now include a plant
near
Bartow, Fla., that recently went into operation, and plants at
Wales, Tenn., and Tupelo, Miss., Mr. Ware said. Heretofore the opcratlon of these plants has been a part of the corporation's Phosphate

plant.

will

of

ance

new division
national's phosphate

r.

1,200,000

1954-56

348,400 shs.

cumulative

Coffin

Mr.

12,000,000

1983

(par

additions,'upon compliance with other

,

elected

due

stock

series

*The

000

Inc.^Continues Modernization Program—

been

,

The

which

on

pfd.

'

meaning of "this indenture, entitling it to issue approximately $20,000,-

2093.

corporation

20

Stockton,

series

serial notes due

had

^

;

approximately

and

15,000,000

in accordance with- the

President,- has been elected Chairman.of the Board
Alden E. Acker, a Director and one of the founders of the

has

Outstanding

bonds—
1978

as

-

FINANCING

PRESENT

TO

standing is unlimited, except that additional bonds are issuable only

with the- Ghase National Bank of the City

1965

EFFECT

due

,

4.03
2.02
2.02

Ball, Burge & Kraus,
Olderman, Asbeck & Co
B. W. Pizzini & Co., Inc—

5.85
.5.85 '

,

International Minerals & Chemical Corp.—Establishes

5.-

p.

Further details follow:
GIVING

stock
4.20%
cumulative
preferred
stock
Common stock (without par value);

will convert its Campbell, Calif., plant from a
warehouse, as a result of progress made at Hayward
Calif., in connection with a plant modernization pro¬

a

Directors.

-

r

„

.

has 22 automotive,

now

has

Sold—Mention
public offering

18 of the

issue of Jan.

series

4.50%

succeeds Trevor
Gardner, Assistant to the Secretary of the Air Foice, who has resigned
as Chairman because of increased governmental responsibilities.—V. 178,

(Calif.)—Proposed Merger—

President,

number

plants

.Construction

,

-v

"

,

$36,000,000
12,000,000

4%

-Harry Oedekerk,

of

plant, the company's 24th,-.will be
the second for
-automotive battery plant is now located in Los Angeles.

an

'American

.

1976

in

5.85
5.03

Irving

company,

1,724,035

1,676,213

.

/

Antioch

Grand

•

,

,

due

.G.

7,990,181
1,913,827

1,974,373

1,431,159

above.—V.

between

$1,000,000

a

H.

179,

.

series

3V* %

Hycon Mfg. Co.—Changes in Personnel—

.

Calif.,

Gould-National

—V.

.

our

mortgage

Cumu.

agreed

proceeds of the loan are to be used to redeem previous out¬
standing notes and for general corporate purposes.—V. 178, p. 2306. ' -

236,936

1,704,083

corporation
build

container

J

,

1954—4 Wks.—1953 / 1954—52 Wks.—1953 •
$20,123,027 $18,233,692 $242,695,450 $226,291,961

.

Authorized

,2V*%

underwriters and the respective

,257,615

122,262

that production should begin sometime after mid-1954.
.The plant will have a capacity of 300,000 automotive batteries a year,'
a

179,

.

2%%' series due 1980

The

$828,913

131,554

possible and

The

$4,505,779.—V.

of

e

27/s%

the New England Mutual Life Insurance
Co. and the State Mutual Life Assurance Co. of Wor¬
•

$753,842

,

8,866,070

State Co., Ltd.

Antioch,

plus

inome

2%%

%

New Phosphate Chemicals

California;

net

'

-

•First

New York,

of

Gould-National Batteries, Inc.—Buys West Coast Site

Albert

6.

p.

the books closed.

5.,/

p_.

1959 to

2573.

p.

Foremost

will

the ompany had total oper¬

1953,

31,

and

.

Co., Inc. and The First Boston Corp. and
shares of 4.20% cumulative preferred
$101 per share and accrued dividends,
225,460 shares of common stock (no par) at $32.50
share. Both offerings have been oversubscribed and

and

396,843 shs.

has
arranged to place privately $3,600,000 4Y4-5% notes due

•1950

for New Auto Battery Plant—

as

•

5.85

10.08

cester, Mass.
1951

1952

159,372

income

oper.

Golden

This

.

,

associates of 70,000
stock (par $100) at

-

,
•

-

Husky Oil Co.—Private Placement—The company

p.

Bee

Oct.

of $28,048,068

.

made in

The

$3,481,857

159,150

income

railway

178,

,

Kansas City Power & Light Co.—Stock

"'.1,500,000

1,500,000

"

Goldfeder, Vice-President and Chairman
tive Committee, announced on Jan. 6.—V. 178, p. 1474.

1953—11 Mos.—1952

$3,614,943

$798,441

railway™,

railway——

oper.

From Jan. 1—
from railway

it

•

.

The Milwaukee Co

Co

Fullerton,

gram,

$325,651

1953

Gross
Net

179,

was

corporation

cannery

Georgia RR.—Earnings—
November—

In

-

20.37

Hunt Foods,

3051.

p.

178, p. 2197.

Gross

'

—V.

.

T

Ltd.—Acquisition-

below.—V.

Ltd.

-1953—Month—1952

operating

;

-

$3.11
.-The Bank of
New York,
48 Wall St, New York 15, N. Y., is
2,034,700 •"transfer agent for this company's common stock (par $1) and 5%
$3.62
convertible preferred stock (par $25).—V. 167, p. 252.
v

-

2,888,500

Georgia & Florida RR.—Earnings—

rev.

gas

Jewel Tea Co., Inc.—Current Sales Up—

Holly Stores, Inc.—Transfer Agent—

2,362,900

.

&

179,

$7,357,047

and

Net

and

Period End. Jan. 2—

2197.

share

General Theatre

Net

,

%

..

Fulton, Reid & Ca.™____

.

.

.

Sales™_™_'_

follows:

as

Hayden, Miller & Co.
"Merrill, Tu'rben 6c Co

:

.

$6,790,626 $12,879,621

Earnings per share
Average during period

Ry.

Ottumwa, Iowa, and in
also sells electric ap¬
appliances where gas

and

company

by Blyth &

'
'$4,000,000

500,000 shs.

Co.

&

Shields
;

-—v.

:

3,342,300

See

Rapids

The

:

in-

in

Jan.' 1,: 1969

Dillon & Co.__

Eastman,

1953—12 Mos.—1952

$7,699,004 $13,445,057

period-—

—V,

Cedar

months ended

12

3.80%

outstanding;

end

in

as

\

1967.

1,

purchase are

to

932,060

1,286,192

1953—11 Mos.—1952

492,203

Balance

.

percentages of the unsubscribed shares which each has severally

$1,833,285 >. $1,368,166

104,100

$12,375,150

—

dividends

shrs.

energy

municipalities.

revenues

204%-

-

.

Com.

p.

principal payments of $100,000 annually com¬
mencing Jan. 1, 1956, and for payment of the balance of $200,000 on
Jan. 1, 1969/-In-addition, to the extent that dividends on the capital
S stock of C. 'B. Cottrell & Sons Co. paid or declared exceed 35%
of
learnings accumulated subsequent to date of incorporation, principal
payments equal to such excess are required.

int.,

taxes, etc.

Pfd.

well

as

CAPITALIZATION

.

Period End. Nov. 30—

;

program will be
at Dec. 31, 1953,

principally in the generation, dis¬
and in the sale of natural gas."
Island, Moline and East Moline,-

engaged

in its electric service territory,

the

For

■

tThe note provides for

General Telephone Corp. (& Subs.)—Earnings—

Net

is

electric

held

investments

distributed.

Is

provides for principal payments of $300,000 each April 1, be-*
1955, to and including April 1, 1966, and of $400,000

2573.

p.

FINANCING

:

$1)

(par

McDonald «fc Co
:

pliances

Outstanding

.

UNDERWRITERS—The names "of the
Net

of

construction

1954

1954.

ginning April 1,
on

Federal

& Sous

stock

-*Note

;

..

13,

Jan.

slallments

Common

2573.

p.

v

Cottrell

B.

dated
i'

-

178,

" Authorized '
note...dated
1,
in .. installto- and including April 1,. 1967$4,000,000

.inents.

tC.

PRESENT

Co. 3%%
1952,. payable

April

$5,623,798

EFFECT TO

GIVING

CAPITALIZATION
..

V 4,266,357
731,500
- 7 268,000

' '

72,000

taxes__

•

•>
•%•
-.♦Harris-Seybold

[ 4,770,479

.

taxes—

income

after

—V,

the

for

short-term

Is distributed in Rock

smaller

several

new

v

'•

Net

sale

and

communities,

industry, whose operating asHarris-Seybold Co.-'The balance of

by

and

operations during

•

.

$676,123

revenues

operating

Net

:

purchased

required

cash

from

and in Davenport, Fort Dodge and Iowa City, Iowa, and in
adjacent territories.
Natural gas is distributed in the samef

certain

ating

•

1953—11 Mos.—1952 \

1953—Month—1952 *

•

Operating expenses"--—
Other

recently

were

funds

from

2197.

p.

Operating

of

cash

Illinois,

;

capital will be added to* "working capital.
-:> Harris-Seybold Co. is one of the country's largest manufacturers and
distributors of printing equipment and supplies.
:

,

to

financing will be used by the
construction program, for which
It is contemplated that the

1954

energy

"

''l

$1,625;

the

from

its

in part

BUSINESS—Company

presses tor- the "printing"and1 publishing

454,093

•

Net

1

:

proceeds

to finance

tribution

Cleveland, Ohio, is acting as warrant agent

■

&

of

Electric

this financing will be
reimburse the" company's treasury for its investment in C. B.
& Sons Co.,
99-year'old builder of letter press and gravure-

;r Cottrett

394,000

•

,

and

portion of. the new capital to be raised by

used

5,069,637.

919,000

operating

Other

stockholders.

Trust Co.,

"'for-Harris-Seybold Co.,'"'

1953—11 Mos.—1952

1953—Month—-1952

.Period End. Nov. 30—

PROCEEDS—Net

Co., Cleveland, O., will purchase shares not

subscribed for by

General Telephone Co. of Indiana Inc.—Earnings—

Bros.

compensation

less

Inc., $100 per share for a 4.28% dividend, less
$1.90; Lehman Brothers, $100 per share for a 4.30%-

company

A group of underwriters, headed by

1.

Salomon

were:

dividend,

Co.,

balance

Feb.

on

,

bids

runner-up

4.25%

a

expenditures are estimated at $10,200,000.

Cleveland, O.—Stock Offered—
The company on Jan. 20 offered 49,605 additional shares
of common stock (par $1) to its common stockholders of
record Jan. 19 at $31 per share on the basis of one new
share for each seven shares held. Subscription warrants

.»

,

280,312 shs.

1,700,000 shs.

_•

&

Co.,

•

share.

Hutzler, $100 per share
Harriman Ripley
compensation
of
dividend, less
$1.45; Blyth & Co., Inc., $100 per share for a 4.30% dividend, less
$1.40; and Glore, Forgan & Co., $102 V2 per share for stock with a
4.40% dividend, less underwriting compensation of $1.45 per share.
The

for

&

204.

p.

Harris-Seybold

10,000,000

-

series

1947

179,

$100 per share, less an underwriting discount of
a

obtained

-/-• 10,000,000

series

5%

—V.

1,

V.

Peabody

of

$1,851

received,

were

Kidder,

2%s;

for

99.3835

of

bid

viz.: Halsey, Stuart ft Co., Inc.,
Co., 99.316 for 2%s; and Blair,
Rollins & Co., Inc., 99.549 for 2%s.
The
issue
is to
be secured
by the following new standard-gauge
railroad
equipment
estimated
to
cost
not less than $6,356,611:
31
diesel-electric
road
switching locomotives and six diesel-electric
freight locomotives.
Issuance of the certificates is subject to the
authorization of
the Interstate Commerce Commission.
Associated
with
Salomon
Bros.
& Hutzler in the offering are:
Drexel
ft
Co.;
Union Securities
Corp.
and Stroud & Co., Inc.—
bids

other

Three

12

shares of_ $4.22 cumulative pre¬
($100,per share).
The group won
the issue at competitive sale on Jan. 19 on a
40,000

stock at par

award

to the bankers on Jan. 19

ing to maturity, were awarded
on their bid of 99.394%.

offered

21

ferred

annually Aug. 1, 1954, to Feb. 1, 1969, inclusive.
The
certificates priced to yield from 1.75% to 2.90%, accord¬

approxi¬

to

Jan.

1954), maturing semi¬

(equipment trust of

certificates

the

for

cost

Authorized

mortgage

and

case.

used

1952.

31,

CAPITALIZATION

•First

1967;

1,

in

will

1954.

California,

1953

with

proceeds

extention

and

$41,500,000

BUSINESS—The
and

thereafter

share

per

share

per

PROCEEDS—The

11

was

85%

so

granted at the purchase price

of the closing price of

Exchange on Oct. 14,

the stock

1953.—V. 178, p. 1372.

The Commercial and Financial Chronicle... Monday, January 25, 1954

i§

this

of

directors

the

—V.

178,

1953

1952

1951

Cross

from

Net

ry.

<3ross

railway--

$300,064
96,002

$282,167

105,091
70,467

Net

from

Net

ry.

—V.

income-—

oper.

from

$258,650
94,516
21,057

3,031,091
1,142,934

2,763,943
904,874

railway

500,017

286,682

3,034,697
1,035,036
433,644

•

428,565

income-

oper.

178,

63,592

3,232,325
1,207,929

railway-

it has purchased on the
its own stock during its
purchase program, which was concluded Jan. 15,
This common stock was purchased for retirement, and will revert
to the status of authorized but unissued stock.—V. 179, p. 105.
corporation on Jan. 18 announced
Stock Exchange 60,616 shares of

The

American

Co.—Completes Another Well—

Lion Oil
The

in the new Adena Pool

fifth well

completed its

has

company

Morgan County, Colo., according to J. E. Howell, Vice-President.
The well, with a total depth of 5,750 feet, is the Crone Ilo. 1 which
of

flowed

barrels

55

addition

oil

of

lias

to

hour

per

choke from the "J"

% inch

a

on

or

Both

1953.

Inc.

the

p.

Lion

200,000

about

owns

and

associates

quickly

was

Profit

of

made

of

Jan.

on

for Federal

fRefund
Net

100,000

shares

oversubscribed.

of

G. Becker &
stock at $34

A.

common

details

See

has borrowed $4,000,000
the Mellon National Bank

company

V.

in

179,

1955,

from

total

borrowed'

dated

2307.

July 3,

far

so

to

1951.—V.

notes

Trust

&

$10,000,000

179,

4!/4%

on

and

Dominion income

profits

excess

tax

Subs.)—Earnings—

(&

sales

Cross

operating

and

2,030,4.2
300,000

Reserve

depreciation-—————1,066,344

1,044,673

675,088

287,776

70,718

Reserve

Federal

for

share

interests'

Minority

—

—

taxes.-

Jan.

shares

'Earnings
'After

—■—

—

H.

E.

trial

562,334

per

$1.70

dividends.

tRefund

Missouri Public Service
This

Jan.
be

of

Co.,

under

"The

'Company's
distributed

as

responding

period

Poli-New

purchase

share-—

one

minority

25 %

remaining

the

As

of

stock

new

date,

previously

contract
the

with

that

show

engineering
"There

are

potential,

good

reduction

aluminum

and

offer

The

of

is

of

26,

for

Shoe

and

the

of

balance

issuer

services

with

V.

—V.

178,

Gas

(Ky.)

&

these

p.

179,

Net

ry.

15

in

of

bilities

in

is

10.30

on

(CSTi

will

•meeting

held

be

latter

the

the

acquisition

—V.

in

5.—V.

Feb.

on

177,

Net

from
ry.

completion

Co.

Calendar Years
1953

1952

388.

p.

by

vacant

$77,279,922

position

The

will

company

iESTi

to noon

up

company

$9,645,000

a

1953.

15,

by

Metropoli¬

Mr.

Doran.

Other

,

Inc.—Private Placement—The
corporation in December placed privately $4,000,000 of
its 3%% promissory notes due 1959 to 1973 with The
Equitable Life Assurance Socety of the United States
under an agreement dated Jan. 21, 1953.
H.)

Macy

the

proceeds will be used for working capital,
This brings
of 3%%
notes placed to $15,000,000.—V. 178. p. 2574.

for
for

used

to

be

done

CAPITALIZATION

on

EFFECT

GIVING

TO

PRESENT

FINANCING

Authorized

Common

stock

(10c

the

with

principal

value)———

par

BUSINESS—Company
for

of

July

a

' 1,650,000 shs.

in Louisiana,
horse racing track
1953,

16,
harness

on

operating

privileges

betting

Outstanding

3,200,000 shs.

organized

was

purpose

pari-mutuel

Louisiana.
Its
of Comuievce Building,
New Orleans, La., and the corporation also inalntains an office at its
racing site in Jefferson Parish, La.
business

Since

office

its

conduct
on

is

in

located

incorporation,

harness

which

its

construction

the

the

in

the

National

State

of

Bank

corporation

hus

obtained

license

a

racing in Jefferson Parish. La., leased land
will be located, and is now engaged in the
acquisition of a racing plant and equipment for the

and

plant

conduct of harness horse

meets.

race

OTHER

into

debentures

a

and

the

PLANNED—On

between

public

the

250,000

Sept.

corporation

offering
shares

of
of

15,

and

stock,

1953,

the

$2,500,000
more

agreement

an

underwriters

principal

which

amount

particularly

complete

the

the

proposed

track

structure before

the

thereof

the

i

to, acquire

finances

There

of

The

jointly

is

amount

paddock.

grading,
electrical

of

the

enjoin

to

it

registration

of

from

of

necessary

money

which

of

the

$15,000;

the

operating.

As

debenture

issue

a

grand
stand,
barns, $200,000;

clearing and
distribution,

and

registration
that

said

other

paving.

de¬

the

to

complete the racing plant
major items are as follows:

$300,000;

club

house,

by

Jan.

White,

Weld

&

Co.

Lehman

and

will

bonds

Bros,

31.

for

administration

1954.

will




office

No

become

expense,

and

engineering'

representation

effective

in

is

made

sufficient

time

however
to

offer

165,113

78,109

'27,826

7,045,156

8,297,676

5,519,128

2,470,918

3,302,583

1,819,302

583,229

928,900

264,985

be

prices ranging from

redemption

fund beginning

1957

at

prices

18

of

Inc.,

ancl

rate

in

income

cash

by

the

of

lp4.759%

at

company,

to par, and for the

receding from

100.69%

to

par,

BUSINESS—Company is engaged, entirely within the State of Michigan,
the distribution and sale of natural gas in Detroit, Grand Rapids,
Muskegon. Ann Arbor, Mount Pleasant, Greenville, Belding and Big
Rapids, and certain adjacent territory. The company also sells liquefied
petroleum gas in the City of Ludington, and it also sells gas appliances.
in

Oct.

1953, the company had 762,304 customers.

31,

EARNINGS—For
the

the

months

12

amounted

company

$7,128,046—V.

liquidate

in

the

quarter

oil

reserved

If

ended

to

D.

City

of

firm
is

1953, operating reve¬
net income was

Co.

and

of

Eugene

Clark,

of

The

M.

Dodge

and

&

is

director

a

Moore,

Inc.

Vice-President

177,

p.

&

National

Chase

Geddes,

a

have

Co.,

Board—

011

partner

been

Bank

of

the

elected

of

Western

and

of

U.

the

S.

Union

Telegraph

di¬

Smelting,

Association

Co.,

Refining

of

Stock

&
Ex¬

by $649,142,
cents

Earnings before taxes
income

1953

on

1952

$21,660,441 $18,931,832
3,785,714
3,201,822

income

(est.)

2,044,286

1,664.947

$1,741,428

1593
No

the

earnings
dividend

earnings

'A

executives

Nov.

The

last

30

net

gas

purchased

properties

on

$357,810,

totaled

figure does not
which are applied

income

and

oil

by

the

51

or

and

share,

cents a

income

net

$344,-

by

depletion

amortization

and

in

the

first
costs

Mountain Fuel Supply Co.—Bank Loans—
has taken down another $1,000,000 under a $10,000,000

agreement, dated June,

Co.,

Pittsburgh,

Pa.

with the Mellon National Bank Ss

1953,

•

proceeds are to be used for expansion.—V.

The

178, p. 2199.

Nash-Kelvinator Corp.—Sells Stock of Unit—
This

has

corporation

stock

Kelvinator

in

in

interest

sold

of

Simpsons-Sears, Ltd.,
a
block of
Ltd.,
but retains
the controlling

to

iCanaaa,
unit.

Canadian

the

Arrangements have been made for Kelvinator of Canada to manu¬
at its plant in London. Ont., electric refrigerators and electric

facture

Simpsons-Sears

for

under

that

and "Kenmore."' together
appliances.—V. 179, p. 206.

company's brand

with

spot"

names,

"Cold-

household

other

of

number

a

rugated

paper

box

new

will be

plant

will

day

coverting

20th

National's

be

The

plant.

company

also

including a new 500-ton

pulp, board and paper mills,
at Valdosta, Ga.—V. 179, p.

five
mill

operates
per

one
of the largest manufacturers of kraft cor¬
shipping containers, on Jan. 21 announced that a
opened in Detroit, Mich.

corporation,

This

107.

National Investors Corp.—Maynard a
York,

investment

Mr.

Maynard

a

$1,536,875

paid
1,158,840
share
$2.25
sales for the six months ended Aug. 31,

of the

will

subject

be

to

review

provision has been made for
amount

579.420
t$i.99

per

portion

when

is

of

trustee

Bank.—V.

178,

also

Kings

p.

in

partner

a

company
a

has
of

and

Director—
Maynard

Stillman,

firm,

brokerage

investment

an

mutual

this

Maynard,

S.

Richard

been

elected

&
a

Co.,

New

director of

Fund,

Whitehall

Inc.

of Broad Street Investing Corp.,
Trust Co. and the Brooklyn Savings

director

County

1571.

has arranged to sell up to $3,500,000 of

company

4y2% promissory notes due 1969 to the Prudential Insur¬
ance Co. of America, it was announced on Jan.
19. De¬

livery and payment have been completed with respect to

of this loan and the

remaining $1,000,000 is
This

available to the company on or before Dec. 31, 1955.

financing has been arranged through Blyth & Co., Inc.
proceeds
for

and

to

are

be

modernization

used
and

to

repay

$2,500,000

a

re-tooling.—V.

175,

p.

short-term

142.

National Phoenix Industries, Inc.—Official Promoted—
S.

Walter
William

tant

determined

under

a

.possible

will

effect to stock split of two-for-one

the

not

on

be

Feb.

Renegotiation

1952

Act

of

and
1951.

refund because it is believed
material.

tAdjusted

to

give

16, 1953.—V. 178, p. 1373.

C&C

as

President,

on

Executive
of

Jan.

22

announced

Vice-President.

National

Phoenix,

Mr.

and

is

Inc., and of Cantrell & Cochrane Corp.
Soft Drinks in Cans).
In addition,

Super

director

of

National

Croft

Mack,

Geisler

Vice-President

Nedick's,

Net

controlled

is

company

Inc.—Earnings Increased—

sales

Cash

the

of

share.

a

The company

loan

Nine Months Ended Nov. 30—

Net

ended

payments

depreciation,

for

Charges

The

45.

Midwest Piping' Co.,

cn

to

dividend

indicative

which

program,

com¬

plans

for

quarter totaled $565,962, equal to 44 cents a share. Exploration
amounted to $452,621, or 36 cents a share.—V. 178, p. 2199.

This

Corp.—Bankers

Vice-President

also

Maxwell

change Firms.—V.

Taxes

income,

net

The

and

been

$2,500,000
Geddes

Mining

dividends.

allowing

more

stock
funds

and

rectors.

Mr.

is

capital

program

after

to

amounted

provided

National Motor Bearing Co., Inc.—Private Placement—

York,

New

31,

.

Petroleum

Breaks,

exchange

Oct.

$84,672,792

1

the

the

alternative and sometimes employed method of ac¬
used, the quarter's gross income would have been

an

had

27

or

and

106.

179, p.

States

Middle
of

gas

in

current

financing for additions to the organization's utility plant.

temporary

stock

is

28 cents a capital share.
proceeds from the sale of

to

include

This

of

income

exploration

the

and

exploration
income

than

power

degree

and

the

of

costs,
shares of

currently

additions

taxable

Therefore,

oil

$2,021,846

operating

1,271,795

represents

capital

its

from

to

quarter

months a year ago are
company's financial structure.'

less

the

on

substantial

a

first

and

PROCEEDS—Net proceeds from the sale of the bonds will be applied
by the company toward payment of $20,000,000 principal amount of
3 V\ '/t> bank loan notes, due July 30, 1954, which were issued to provide

nues

158,977.

corresponding

income

exploration,
purpose

the

changes in the

share

income

gross

amounting

1953,

the

gross

earning

reported

income

30,

for

a

income

Net

equal

plus accrued interest in each case.

As of

1950

$548,659

National Container Corp.—New Box Plant Opened—

101.639 for 3%s.
redeemable, at the option

$100,000;

stable, restaurant,
$15 000;
site
$815,000; water and sewerage, $100 000-

$121,000;

items

registration

bids.

Inc. bid

Stuart & Co.

sinking

result

was

sanitary buildings.
telephone
and communication systems, planting, fencing,
approximately $150,000.
The corporation has planned a time schedule of
filing the debenture

$40,000:

other

100.97999 for 3Vs>s; Harriman Ripley & Co.,
Corp. jointly bid 100.4759 naming a 3l/z%

offered

Halsey,

Pending these changes, an action was instituted

approximately $1,850,000

construction

bid

Securities

Union

'Net

total

by
of

won

/

layed.

312,940

other

cash

engaged

large

a

stoves

three

were

Manning.
to

changes had to be made in the corporate
offering could be registered with the Securities and

corporation

filing

offering

certain

the

Exchange Commission.
agauist

debenture

of

described

.

effect

Award of the issue was
competitive sale Jan. 20 on a

at

group

100.10999%.

The corporation has no operating1

below:
To

Consolidated Gas Co.—Bonds Offered—Of¬

aged jointly by Smith, Barney & Co. and Blyth & Co.,
Inc. The bonds were priced at 100.759% and accrued

Jackson

FINANCING

entered

contemplated

1951

$812,253

credit

fering of $20,000,000 first mortgage bonds, 3%% series,
due Jan. 15, 1979, was made on Jan. 21 by a group man¬

history.
was

20,121,808
17,333,130

22,500,898
20,101,928

2,103,473
1,900,102

1952

explained.

t

Michigan

also

See

275,534

Nov,

$1.09

this

company's
to

and

or

requirements.

108

2477.

p.

necessary

authorities.

$679,854

Trust

to

horse

racing

178,

charges

general
net

the

proceeds, it is intended to use $190,000 to
race track site.
The remainder will be
operating and working capital for general corporate purposes.

work

after

The

New Orleans. La.
PROCEEDS—-Of

Net

regulatory

445,220

Such

for

is

increased

$

$

interest, to yield 3.33%.

(La.)—Stock Offered—An offer¬
ing of 300,000 shares of common stock (par 10 cents) was
publicly made on Jan. 18 at $L per share "as a specula¬
tion' by Gearhart & Otis, Inc. and Hunter Securities
Corp. of New York City; and by T. J. Feibleman & Co.,
Magnolia Park, Inc.

pay

804,220

1,941,578
1,723,907

Co.,

&

The

total

taxes-

income

operating

—V.

(R.

1,779,811

operating

Net

and

32,551

Jan.

on

because

or

counting

15,232,444 179,186,359 159,150,185'
10,304.904 126,290,255 111,495,504
1,971,475
20,651,979
17,806,003
852,592
9,743,227
9,726,870

16,603,120
12,077,511

revenues
expenses

income

Federal

rolling stock

The

the

95-ton

«f

dated Aug.

trust,

equipment

obligations consists of 1,500 box cars and 250 ore cars
capacity, costing an estimated $12,530,744.—V. 179, p. 6.

securing

—

taxes—

Operating

to

as

soon

as

2,645,609

ended

income,

for

use

1953—11 Mos.—1952

1953—Month—1952
<j»

Operating

subject

Mis¬

of

merger

is contemplated

acquisition

in

expenses

7,224,549

Figures

year.

pany

to

t

8 receive bids for the

Feb.

on

which

funds

general

and

subsequent

stock;

Service

the

190,243

income—

dividends

$1,386,393

early this

of

President

that

-

purchase from it of $1,995,000 equipment trust certificates, series M.
This offering will constitute the second and final instalment under

Gas
to

costs

1953

months

Cash

"

Nashville RR.—Bids for Equipments—

&

the

the

the

added

defray

2477.

p.

company.

Period End. Nov. 30—

Louisville

Holding Company

$531,020

railway

available

not

"

.

a

Monterey Oil Co.—Quarterly Results—

1952

death

been

of

assumption

to

accidental

the
had

Titus

Mr.

Doran.

prior

of

be

to

and

of

holders

railway

oper.

178,

fiscal

Michigan Bell Telephone Co.—Earnings—

1369.

p.

178,

made

was

Wilbur

of

Edison

tan

will

and Gas Service

income—

from

This

elected President of another GPU subsidiary,
Co., with headquarters at Reading,
Pa.
The

being

into

1—

Jan.

Net

—V.

106.

of Pennsylvania Electric Co., with headquarters
has been
given additional
executive responsi¬

Edison

to
the

as

entered

has

the

under

purchase

available

railway

outstanding.

Pa.,

also

position

month

the proposals will be received up to
Chicago, 111., and, that the bidders'

that
9

on

by

Metropolitan,

1955.-

planned
Feb.

tentatively

a.m.

in

$16,800,000

and

1954

It

.

company

covering

hearing

proceeds

railway

oper.

From

atomic

p.

Sales Up—

$14,870,257 $14,259,058 $99,475,941

President

Johnstown,

Jan.

$12,000,000

filed a registration statement with the
first mortgage bonds, due Feb. 1, 1984,
to be offered for public sale at competitive bidding.
Net proceeds will be used to pay part of the expenditures of the
•company
incurred and to be incurred for property additioxrs and
improvements.
Construction expenditures are estimated at $18,700,000
The

EEC

Titus,

named

is

held.

are

Co.

SEC

be

security

from

from

growth

of

chemicals,

as

Metropolitan Edison Co.—Titus Again President—
O.

Service

terms

206.

179,

>

available

Electric Co.—Registers With
Securities and Exchange Commission—
Louisville

Public

stock

common

indus¬

2199.

p.

of

underwriting

for the purchase from the latter, for
the
entire
outstanding
capital
stock
(1,500,000 shares of common stock).
(The

to

will

after

of

share

and

sale

the

of

and

approvals

Net

growth

to

number

a

such

1953

sales——.

Retail

on

by Missouri Public Service of its common
$18,000,000 to be obtained, initially from a bank

Public Service

Gross

of
blast
taking steps to
was
announced

is
it

fabricating."j-V.

Corp.—Current

Period Sales Dec. 31—

SEC

agreement

builder

and

—5 Wks. & 4 Days

comprising 15 theatres,
a result of the recent
stock interest.—V. 177,

the

of

an

together with
be
applied

the

with

1954.1

will
any

each

price

Missouri

Co.

scheduled

proceeds

loan,
and

statement

Kidder, Peabody & Co.

Service

Service

Jan.

on

indicated,

$32,000,000,

Gas

matter

Act

three

Melville

2574.

p.

Co.—Registers With SEC—

for

subscription

Cities

of

sum

sales,

413.

p.

designer

refineries,
engineering field,

petroleum

explained.

Widdell

Mr.

industries
energy

will

178,

covering 527,865 shares of its no par common stock,
subscription by its common stockholders at the rate

share

record

practicable

year.

Theatres, Inc., a circuit
owned by Loew's, Inc. as

wholly

of

—

preceding

in

England

become

has

$1,133,893
$0.22

taxes

after

common

pei

division

new

excess

for

supplied by amendment.
principal underwriter.

connection

industries

for

$4.30

903,093

profits tax of 1951
Revenue Code, including

of

registration

a

be

per

due Jan. 31,
bringing the

credit

the

1954,

offered

The

filed

company

14,

to

205.

p.

President, announced the formation of a new indus¬
division for the purpose of handling engineering
other
than
the
steel
and petroleum.

Widdell,

1,442,856

share

common

preferred

564,130

1,083,718
903,270

;

outstanding

Monongahela Ry.- -Earnings—

large

a

the

4,452,284

under carryback section of Internal
portion of provision not paid and not required.—V.

Gross

engineering

contracts

$332,206
$0.06
share of net income of ,partly owned subsidiaries not
dividends, $56,027, compared with $59,932 for the cor¬

profit

in

activities

3,250,550

945,000

arising

stock,

15.

on

tries,"
'Net

Earnings

open

its

65,787

contingencies——

for

for

Reserve

———

which is
hearths and

company,

broaden

3,246,043
300,000

subsidiaries

owned

This

furnaces,

partly

and

wholly

$38,075,000

(est.)—.— $41,009,887

revenues

including

proiit

-Operating

2,111,620

taxes—

,

dividends

Common

Co.

(Arthur G.) McKee & Co.—Forms New Divison—

Nov. 20, '52

Nov. 26, '53

6,757,834

dividends

Common

November—

Loew's Inc.

12 Weeks Ended—

$

4,215,233

—„

profit

Preferred

7.

p.

of

taxes

92,548,332

common

by

12

1952

105,671,026

2,103,613

income

beforci

Prov.

(Glenn L.) Martin Co.—Borrows From Bank—
The

of leases.

acres

share

one

1

sales

souri

Field are in the Denver-

the Little Beaver

and

which

in

Basin

—V.

178,

Pool

Adena

Julesburg

offering

public

share

^

.

for

amount

1953
$

Marquette Cement Manufacturing Co.—Stock Sold—

The Adena Pool is approximately
eight miles northwest of Colorado's Little Beaver Field in Washington
County,
where
Lion
has completed 22
net producing wells since
February,

Years Ended Oct. 31—

Net

such

that

or

principal

has substantial lease holdings.

pany

Minneapolis-Moiine Co. (& Subs.)—Earnings—

is

representation

The

Lion Oil Co.
where the com¬

Adena area

in the

wells drilling

additional

three

for

Net

successful wells already drilled,

five

he

capital

necessary

the debentures.

$2.50

£and.
In

the

for

The corporation therefore reserves

to

stock. In the
event the debentures are issued and sold the corporation v/ill reserve
1,000.000 shares of its common stock for conversion of the debentures.
Unless the present offering and the anticipated $2,500,000 deben¬
tures or other financing is successfully concluded in time to complete
the construction of the racing plant and consummate other necessary
arrangements to conduct the meeting on March 15, 1954, it is unlikely
that the corporation will be able to avail itself of the permit presently
granted.
In the event the financing is not concluded in sufficient
time, the corporation intends to either apply for an extension of its
present racing dates or if such extension does not permit sufficient
time to complete the plant, a new application will be made to the
Louisiana State Racing Commission for dates during the next licensing
period. While the corporation believes that said extension or application
will be granted, no representation is made or intended that such ex¬
tension or application will definitely be granted.—V. 179, p. 106.

Own Stock—

LeTourneau, Inc.—Buys

(R. G.)

provide

finance the balance of the funds
through corporate borrowing or through other types of
the possible offering of additional
common
stock in

available

of

2574.

p.

to

made however, that other types of financing
financing can be completed within suffi¬
cient time to erect the racing plant by March
15, 1954.
The underwriting agreement of Sept. 15, 1953, covering the con¬
templated debenture offering are on file With the SEC, the under¬
writers and the corporation, and briefly provide as follows; $2,500,000
principal amount of convertible subordinated debenture
bonds due
1969, with interest at 6%, to be offered through the underwriters with
250,000 shares of the common stock of the corporation at a unit price
of $101 for each $100 principal amount of debentures and
10 shares
of the common stock;
the debentures to be convertible at the rate
No

are

1950

$296,567
102,316
32,918

railway--

from

Ret

enough

it advisable,

finds

either

place of

Ry.—Earnings—

Lehigh & Hudson River
November—

early

if it

financing

1570.

p.

right

needed

Workers Union of

Utility

completion of the racing plant.

the

America CIO, Local 1-2, Kings County
Division
which calls for an increase of 7'/2 cents an hour, effective
Jan.
3,
1954 and an
additional 2V2 cents per hour, effective Jan.
2, 1955, With a reopening clause for wage discussions Jan. 1, 1056.
"The present contract was extended from June 1, 1954 to June 1, 1956.
the

debentures

the

agreement with

have approved an

company

^

Increased—

Lighting Co.—Wages

Kings County
The

Co.

all

three

Phoeni"
of

the

Geisler

election
was

of

Assis¬

of
(manufacturers of
Mr. Geisler is a
Vice-President

companies.

recently

Boston,

announced plans for a union with The
to
approval of stockholders of^both

subject

the combined corporation would be "C&C
Super Corporation." and its stock would be so listed on the American
Stock Exchange,
as
the stock of National Phoenix and Croft have
corporations;

been.—V.

179,

the

p.

name

206.

of

Volume 179

Number 5293

The Commercial and Financial Chronicle

...

National Research Corp.—New License Agreement—
Richard

S.

Morse,

non-exclusive

license

Casting

Process

division

of

By

of

able
will

be

At

Gainesville,
for

the

supplement
broken

the

to

Chicago,

Texas,

this

1953

Titanium

The

Casting

Corp.,

corrosion

and

1954.

its

of

the

is

it

avail¬

six

present

schedule

calls

and

the

holders of record Jan. 8 the right to subscribe
$3,700,000

a

Ground

plant

to

(no

to

largest

The

115

area,

new

plant

building.—V.

acres.

will

than

more

178,

single

a

feet

square

story

of

manufacturing
and

space,

separate

a

office
it

Sales
—V.

4 Weeks &

3 Days,'52

proceeds

The

acquire

of

ordinary

amounted

the

to

life

previous

increase

an

Ordinary

year.

$3,650,000,000—V.

178,

and

include

during

of

the

insurance

in

force

Federal
Other

income

1,271,075

operating income
charges.

178,

from

Net

from

Net

ry.

at

Federal

million

Net

14,946,986

Mr.

Hoyt

of

is

9,386,062

income

167,645

11,360,232

12,057,008

5,030,321

5,625,356

partner

elected

President

of

and

1,751,826

the

of

Central.—V.

Erie

179,

RR.,

10,139,943

9,739,718

operating income
charges—

2,235,446

2,134,375

22,769,357

16,976,687

2,227,632

2,137,420

22,826,959

16,760,614

178,

&

Co.,

Mather

the

board

is

Iron
of

of

of

Iron

of

will

join

The

will

company

mature

in

The

l-to-15

net

(EST)

noon

$2,970,000
to

are

be

estimated

York

New

used

at

to

about

cover

80%

(Jan.

251.—V.

series

179,

Operating

G,

March

due

1,

etc.

income

in

$1,816,540

and

1,298,041

will

bonds

of

net

income

$106,189

Income

net

of

$518,499

250,000

from

income

net

tLoss.—V.

(000's

178,

300,000

14,972,277

ties.

for

acquisition

of

bonds

of

or

new

for

prop¬

Halsey,
Adams

34,676,073 405,486,165
5,123,000
58,370,000

54,288,000

A. C.

59,350,487

Anderson

operating

taxes

operating

5,728.438

income

5,523,592

7,014,326

376,903,102

62,622,222

5,117,445

70,086,703
59,020,987

66,274,036

2478.

1,

Power

borrowed

1954.—V

179,

from

The

that

stockholders

will

have

according
the

of

to

a

banks

21

3%

on

notes

&

Jan.

on

19

constructive

all

but

cars,

The

corporation

4%

tures.

public

by

major

a

the

on

Col.

and to

and

leases

and

4'/a%

Both

of

its

financing

corporation's

Wm.

owns

refrigerator

them

to

serial

See

are

will

M.

of

program

Chairman

$14,500,000

North

older

to

new

to

purchase

where

needed.

covered

hopper

cars

and

cars

industrial

of

American

indebtedness,

tank

and

users.

Peck

financing In the form of $11,000,000

and

being

the

bonds

$3,500,000

privately

details

in

of

placed
V.

179,

5%

and
p.

to

be

lew.

convertible

there

will

deben¬
be

no

107.

authorized

purchased

the

150,000

tensen, Inc
Inc.

Wm.

150,000

Broome &
&

Co.

Reinholdt & Gardner—
The

Co., Inc
L.

Savard

Securities Corp.—
Clayton Securities Corp,

200,000
600,000

600,000

&

Co

&

H.

Drew

Co.,

&

Co.

100,000
100,000

—

R.

C.

&

See

Tennessee

Gas

Transmission




Co.

Co.—Proposed Merger
below.—V.

178,

p.

668.

30.000,000
cumul.

150,000 shst

156,300 shs.

value)

8,000,000 shs.

company's
Aug.

mortgage

1,

1930,

of

issue

additional

of

the

of

names

the

other

unsubscribed

as

Seasongood
Shearson,
Co.

300,000

Stern

800,000

Stern,

;

Gregory & Son, Inc
Hallgarten & Co
Haupt

&

Co

&

&

Coffin &
Dick

Stifel,

300,000

&

Mayer—
Hammill
&
:
i

Co

100,000
250,000

Sweney

Co

Mackall &

Curtis-

Nicolaus

200,000

%

Johnston, Lane, Space & Co.,

1.85

Inc.

Val

&

Kay, Richars & Co

0.56

Kenower, MacArthur & Co.

0.56

1.85

0.56
Kirkpatrick-Pettis Co._
Lawson, Levy & Williams—— 0.56
0.56
Mason-Hagan, Inc.

M.

Marks &

Bros.

Co

1.85

1.85

Hutzler

&

Blair

&

Stokes

&

Co

Cartwright

S.

._

Rodman

Rowles, Winston & Co

1.49

Schmidt,

1.49

—

0.56
0.56

Poole,

0.56

Roberts

&

-—

0.56

Stern, Frank, Meyer & Fox„ 0.56
0.56
Sterne, Agee & Leach

1.49

Co.,

Linn^

&

Parke

1.49

_

0.56

*

Robinson-Humphrey Co.,

Inc.

1.49

»—

0.56

Thomas

,1.49

&

0.56

Company

1.49

C.

1.49

Amott, Baker & Co., Inc

0.37

Anderson

0.37

Inc.

0.93

Slocumb & Co., Inc.— 0.93

Arthurs, Lestrange & Co
Bingham, Sheldon & Co

0.37

Brush,

0.93

Boettcher

0.37

0.93

Brooke & Co

0.37

0.37

Gardner

&

Bingham,

Cohu

&

Walter

&

Hurry,

Co

Crowell, Weedon & Co.

Dempsey-Tegeler &
Elworthy & Co.——
Clement. A.

T.

Williams

&

0.93

Evans & Co.,

Inc.

Brown,

Goodwyn

Lisle & Marshall

Securities Corp._ 0.37
& Olds
0.37

0.93

Hanrahan

0.93

Wm.

Mitchum, Tully & Co._/

0.93

Parrish

0.93
0.93

Investment Corp.
Marx & Co

Hill

Richards

&

Co

&

—

Co.,,

Rotan, Mosle and Cooper
Scott

J.

Whittaker

Branch,
M.

D.

Co.—

&

0.93

H.

Inc.

0.75

i._-

Quail & Co.—

0.37

Irving J. Rice & Co., Inc

0.37

&

&

Dallas Rupe & Son

Inc. 0.75

Russ &

0.75

Co

Lunt—

Peet

Smith, Ramsay & Co., Inc.
0.37
Strader, Taylor & Co., Inc.— 0.37
Suplee, Yeatman & Co., Inc._ 0.37

0.75
0.75

Co

J.

Webster
C.

S.

F.

Richter Co.——— 0.75

0.75

0.75

John

0.56

Elder &

0.56
Earret, Fitch, North & Co.— 0.56
George D. B. Bonbright & Co. 0.56
Bosworth,
Sullivan
&
Co.,

Fordon,

Baker, Simonds & Co

&

Hulme,

J.

L. Emerson

0.28

Applegate

&

Hum¬
0.28

L.

0.28

Lyons & Co

0.28

& Co

Morgan

0.28

Phillips Investment Co. 0.28
0.28
Refsnes, Ely, Beck & Co.
J.

R.

Associates,

Security

0.28

Inc

0.56

Harold S.

0.56

Thayer, Baker & Co

0.56

& Co., Inc

Steele & Co

177,

& Co., Inc
0.28
Weil,
Labouisse,

Hurd, Clegg & Co
W.

0.56

Edwards, Inc

R.

0.28

phrey, Inc.-

0.56
0.56

Co

Co

Friedrichs & Co

0.56

Doolittle

&

Bros.

Howard,

'0.56

Dittmar & Co

0.23

Co._

0.28

°-56

Inc.

Aldinger &

Hincks

Gunn & Carey,

Cunningham,

0.28

C.28

Company.

Wesley Hall & Co

&

West

0.28
0.23

0.28

0.56

Whiteside,

0.37

Co.—

Douglas & Co., Inc

Garrett-Bromfield

Pickard,

Winslow, inc.—

Inc

Co.,

W. C. Gibson & Co

°-56

Chace,

<fe

Investment

Cunningham & Co., Inc. 0.28
0.28
Henry Dahlberg & Co.—1

Wagenseller & Durst, Inc

&

0.37

0.37

K.

S.

Underwood, Neuhaus & Co.—

Inc

0.37

Co

&

Yantis

Columbia

Allison-Williams

Inc.

Gibson—

Binford-Dunlap, Inc

—

Co

&

Wheat

Woodard-Elwood & Co.„

Singer, Deane & Scribner—, 0.75
Stillman, Maynard & Co
0.75
Sutro & Co.
0.15

Corbett

0.37

0.75

& Co

&

0.37

Inc

Schneider, Bernet & Hickman 0.37

0.75

—

0.37

Co

Rutty & Co.,

Sage,

Rauscher, Pierce & Co., Inc., 0.75

Fauset,

0.37

:

0.75

&

Burns,

0.37

0.75

Mastcn

O.

0.37

Peters, Writer & Christensen,

Lomasney & Co

E.

A.

Omaha

Co

Dain

A.

C.37

of

Peltason, Tenenbaum Co

Dewar, Robertson & Pancoast 0.75
Farwell, Chapman & Co.—— 0.75
Foster '& Marshall—
0.75
Hamlin

0.37

Co.

0.93

George R. Cooley & Co.,
J.

0.37

of Norfolk.. 0.37

Cabell & Co

Bradford

C.

Co

——

Stringfellow

L.

&

Harper & Son & Co._ 0.37

National

The

Robert

P.

Murphey Favre, Inc

Scott, Horner & Mason, Inc., 0.93
&

0.37

Co

Cumberland

0.93

.

0.56

Co., Inc

Strudwick

&

0.93

Co.,

&

Ingalls & Snyder,:

Winslow, Douglas & McEvoy- 0.28

Stewart & Co

0.23

0.23

237.

Gas Co.—Bonds Sold Privately—
negotiated a $10,000,000 loan from nine
companies to help pay off about $14,700,000 in
Natural

Oklahoma

100,000

This company has
250,000

insurance

current indebtedness.
1,000,000

Jos»nh

President, said the loan was made on 25-year first
bonds.
John Hancock Mutual Life Insurance Co. had
participation, $3,000,000.—V. 178, p. 482.

Bowes.

mortgage

3.7%

the largest

Ltd.—Earnings, etc.—

O'OIuep Copper Co.

200,000

6 Months Elided Dec.

Production-blister
Sales—blister

600,000

(pounds)—--—

copper

copper

1953

31—

(pounds)

Sales

of

metals

of

metals

(ex

25,286.600
25,28,,0)0

(gross)

Sales

1952

26,390,000
20,232,000

mine)

10 742

7^1

Net

£432,317
5,408,875.

Depreciation and depletion
Provision for Union of South Africa inc. taxes--

1,380,190

2,337.6o5

$4,176,010
3,430,748
1.021.056

$5,371,441
3.406.243
1.02L056

150,000

—

operating income——
Net dividend and interest income^

&

Co

Alstyne,

200,000

250,000

Noel

Drofit

Sham

'

——

—

600,000

Profit

per

Conversion

800,000
200,000

BUSINESS—Organized in 1930, the company supplies electric service
solely in Ohio, including the major cities of Akron, Youngstown and
Springfield.
A subsidiary,
Pennsylvania Power Co., supplies similar

Capital

current
as

—

outstanding

Dividends

&

Yantis & Co.. Inc.

Net

Dividends

&

Co,

F

Co

1.49

—,

Pacific Northwest Co
&

0.56

Securities

Inc.
The

1.49
1.49

Lester, Ryons & Co.—

Putnam

Co

&

0.56
Penlngton, Colket and Co
Raffensperger, Hughes & Co.,

1.49

—

Co..,

Miller

Mid-South

1.49

Co.——

& Co

Mead,

1.85

Red-

The Illinois Co

p.

Co.,

Weeden & Co., Inc

1,000,000

0.56

1.85

R, L. Day & Co
Hirsch

_

500,000

——_

Thomas

300,000

aa

certain

maximum

no

215,250

8'3^.582
i

1,054,437

300,000

Co.

1,000,000
Coe

Mullaney, Wells &'Co._
Paine, Webber, Jackson

fixes

200,000

Walter

Kaiser

Thalmann

Co.,

which contains
but

1.85

& Co

1,000,000

Inc.

Co.——

bonds

Burr, Inc

Jamieson

Frank, Meyer &

400,000

&

amended,

Merle-Smith

&

Auchincloss, Parker &
path
Baker, Weeks & Co.—
Bateman, Eichler & Co

250,000

Fox

1,000,000

Trust

Bankers

White, Weld & Co., the managing
purchasers, and the respective per¬
to be purchased by them are set-

1.89
___

W. Pressprich & Co

lf000,000
Co

Brothers & Co

Heller. Bruce & Co._
John B. Joyce & Co.—

—

to

5,806,136 shs.

stock

Halle & Stieglitz

&

Inc.

Schwabacher

Shields

Co

1,000,000 shs.

100,000

150,000

&

,

Co.,

Hutton

Pomeroy,

250,000

Freeman

&

Outstanding

—

Company

compared

Northeastern Gas Transmission

of

and

of

—V.

150,000

Schmertz

Foster

Marshall

Hart

Schoellkopf,

Fauset, Steele & Co
&

Co.

&

'

FINANCING

%

500,000

Rothschild

Inc

150,000

1,000,000

F.

PRESENT

58,000,000

value),

par

the

the

$100,000

Robinson-Humphrey

150,000

City

&

set

800,000

v

500,000

Co

&

Inc

150,000

Cccley & Co

&

are

Co.,

Pollock

TO

amount.

100,000

B. W. Pizzini & Co.,
E.

December.

180,000 shs.
($12

as

Amount

Roger S. Palmer Co.—

1,000,000

since

below:

Alien fc

Peters, Writer & Chris-

1,000,000

Ira

man¬

respective

thehi,

by

been

1984
par

.PURCHASERS—The

slated

Principal

300,000

Strudwick_

&

Ladenburg,

new

notes

135,000

Halsey, Stuart & Co., Inc.,
other
purchasers, and the

1,000,000

Este

operations,

Spencer,

permit

modernize
cars,

railroads

further

total

a

present

rehabilitate and

issues

offering.

for

provided

so

Stockholders authorized the
of

approved
effect

calls

program

money

$1,217,380

of

A. G. Becker & Co., Inc.

Charles

Corp.—Financing Approved—

Board.

new

cars,

Car

announcement

an

The
financing
borrowings.
The

refund

names

have

12,000,000

Davenport & Co

Co., 1

&

Dick & Merle-Smith

North American

additional

an

year.

Courts

Corp.—Borrows From Banks

$8,800,000
206.

p.

company's construction require¬
expenditures for 1954 total $54,900,000 of

with

stock

i

under

H.

Allyn & Co., Inc.-

Stockton

has

company

July

the

Bear, Stearns & Co.

55,136,753
,

Niagara Mohawk

part

kilowatts

Allison-Williams Co

Burnham

The

In

following

Aspden, Robinson & Co.

6,075,607

5,969,419

charges

proceeds from the offering of new common
sale of $30,000,000 of first mortgage bonds

$7,450,000

51,393,272 596,565,090 556,815,625

due

241.000

the

Stuart

37,000.167

p.

net

finance

Inc

6.012,000

the

Amount

1953—11 Mos.—1952

55,754,931

taxes

at

Principal

expenses

178,

redeemable

below:

revenues

—V.

be

per

year.

150,000 shs.

trustee, dated
limitations on

Scherck,

underwriter, and of
principal amounts of new

Operating

after

Co.

th®

the

26,0<jy,000

Adams & Peck,

Inc. and associates

offering of debt ! securities by
May, 1950, when it offered $58,-

since

aging

Operating

income

at

public

PURCHASERS—The

$

Net

a

proposed

to

by

service

forth

1953—Month—1952

share

by the group at competitive sale
bid of 101.34%.
The bond offering

Telephone Co.—Earnings—

Period End. Nov. 30—

a

'

389.

p.

cents

for 1954.
Proposed
approximately one-half will be for additional generating facili¬
By the end of the year, the utility's capacity will have been

which

$218,499

14,049,656

omitted)

right to underwrite tY\e issue

won

first

will

the

used

increased

(pounds)

unsubscribed

any

case.

be

ments
reservation

t$l43,811

steam

New York

Net

on

Service

each

1,291,379

reservation

Appropriated

Other

19

the

PROCEEDS—The

before

company

option of the company, at
regular redemption prices ranging from 105.43%' to
par, and at special
redemption prices ranging from 101.93% to par, plus accrued interest

$1,397,568

-

income

Federal

was

company

The

64,560

deductions..

the

Groups led by Morgan Stanley & Co. and a syndicate headed
by
Glore, Forgan & Co., White, Weld & Co., and Union Securities
Corp.,
tied for second place in the
bidding, each offering 101.05 for the bonds
as 3'/4s.
Another bid of 100.9699, also for 3'As, came from The
First
Boston Corp.

$1,751,980

93,961

from

000,000 of bonds in connection with its merger with Ohio

20,129,561

$1,303,607

at

Jan.

Sold—Halsey, Stuart & Co.

Jan.

on

1952

19,269,190

to

additional share for

one

record

rights
(par $12)

21

issue

Public

1953

taxes

income

♦Miscellaneous

erty.

of

$20,572,797 $21,881,541
and

income

of

cost

8.

p.

income

Nonoperating

Net

the

Corp.—Reports Loss for 1953—

revenues
expenses

Sales

of

the

the

bonds,

Calendar Year—

Operating

Net

the

will

Bonds Heady—

Steam

Operating

Gross

for

which

$3,737,171.

beginning today

York

Interest,

bids

be exchanged for tne definitive bonds at Guaranty Trust Co.

may

New

receive

2

certificates,

of

Stock¬

offered

stock

common

The group won the

marked

Definitive 3%%

of

trust

of

Temporary refunding mortgage 35/b%
1978,

Feb.

on

equipment

being

publicly offered and sold $30,000,000 first
mortgage bonds, 3 V4% series of 1954, due Jan.
1, 1984,
at 101.93% and accrued
interest, to yield 3.15%. Award

years.

proceeds

equipment,

to

up

of

Common Shares to

are

the basis of

held

purchase

Jan.

on

York, Chicago & St. Louis RR.—Bids Feb. 2—

purchase from it

Offers

by specifying a compensation of 11.9
the competitive sale on Jan. 13.

the

to

—

on

shares

shares.

Corp.

directors

Co.

stockholders

527,830 shares of

10

boards

resigning

now

and

Co.

the

Interlake

♦Issued

Loewi &

2478.

p.

Bonds
New

17,143,541

14, 1954, with the
privilege of subscribing at the same price for shares not
purchased through the exercise of rights. The
subscrip¬
tion offer expires on Jan.
29, 1954, at which time an in¬
vestment banking group headed
by White, Weld & Co.

8.

p.

23,746,138

months

during

:

__„——

stock

Laurence

810,437

$35.75 per share

2,209,462

Mather

member

a

he

post

a

Common

R.

1953—11 Mos.—1952

2,219,054

oustanding

1980

($100

series

13,810,935

901,075

purchase

Director—

a

Pickands,

director

due

15.445,407

taxes—

Ohio Edison

director.

a

due

series

Reinholdt

5,287,958

RR.—Hoyt Elected

senior

series

stocks

17,122,303

14,127,707 163,240,405 141,703,095
8,963,841 106,584,967
97,843,149

9,634,674

12

$30,962,000

1978

Chas. V/. Scranton & Co

11,058,684

shares

1975

due

William

2,322,472

the

1974

due

series

15,417,461

Month—1952

15,093,667

taxes—

operating

each

Lake

1,535,339
1,387,253

Co.—Earnings-

1953-

after

264,260

1,607,793

due

series

Salomon

expenses

income

—V.

1950

208,994

Interlake
Steamship Co.
He
is
Youngstown
Steel
Door
Co.
and
Hoyt also has been a member of the

&

"1,822,653
1,6781531

p.. 2478.

revenues

610,185

the

Pittsburgh

95,577,105

$1,143,180

564.306

the

of

1951

$1,059,255

625,843

Central

series

White, Weld & Co

$

134,461,121
14,052,547

charges—___

for

revenues

EFFECT

11 Mos.—1952

$

12,500,157 146,970,718
8,715,363 104,026,117

9,385,142

of

GIVING

3Vo'/<'

forth

15,776,008

178,

Net

207,882

been

company

10,046,290

Net

2575.

Elton
Hoyt, II,
Cleveland, O., has

1953-

operating

bonds—

2% %

about

817,773

holders—The

York

3%

underwriter

1953—Month—1952

13,797.806

Period End. Nov. 30—

RR.—Earnings—

$1,171,760

2,271,745

mortgage

series

and

Penn¬

totaled $108,680,000 and net income for
equal after preferred dividends to $3.10

series

206.

p.

and

series

daily which the parent

gas

Edison

utility

Authorized

♦First

3.90%

14,187,788

408,723

ry.

New

of

179,

Ohio Bell Telephone

1—

p.

feet

Ohio

mid-west

..

CAPITALIZATION

-

4.40%

1,431,682

Operating

Net

1952.-

4.44%

station

compressor

the

number

average

wholly-owned

its

of

Pennsylvania,

of

.DIVIDENDS—Dividends on the company's common
paid at the quarterly rate of 55 cents
per
share

4.56%

859,370

Federal

6,113,431

the

on

1953,

$18,717,000

authorize

1,730,641

after

—V.

$

$1,047,723

railway
oper. income.

178,

facilities

gas

to

taxes.

15,487,643

12,615,742

members

Ladenburg, Thalmann & Co._ 1.85

Other

railway-

Commission

operating

Net

-Earnings—

$

1952

31,

was

share

Pfd.

taxes—

21,045,106

from

new

cubic

expenses

17,634,263

incorne-

Jan.

from

Power

horsepower

Phillips.—V.

income

23,427,039

1953

Oct.

period

com¬

operating

1,649,692

Net

the

stands

2,224,391

railway

oper,

From

Gross

Mr.

over

1,985,302

railway-

the

of

subsidiary transports about 36 million
purchased from Phillips Petroleum Co.,
and also transports for the account of Northern

reveneus

2,529,961

November-

Gross

cost

$

1953—11 Mos.—1952
1953-

1,277,603

New Orleans & Northeastern

ended

107.

p.

Federal

natural

11,200

Northern,
from

Operating
Operating

2575.

p.

179,

the

Northwestern Bell Telephone
Co.—Earnings-

216,209,353 200,298,920
13,633,190 160,990,112 149,707.125
1,654,618
16,845,216
15,358,901

1,982,723

taxes—

after

the

an

Operating

—V.

—V.

10

18,789,802

14,957,846

taxes___

operating

Net
Net

20,741,605
__

to

Other

1953—Month—1952
-Month—1952

revenues

expenses

9%

,

,

Ohio

centages

months

or

now

$

Operating
Operating

12

$35,000,000

New England Telephone &
Telegraph Co.
Period End. Nov. 30—

sale

purchases

1879.

p.

of

the

Period End. Nov. 30—•

purchased

Western

of

are

27/8%

towards

21 miles of 20-inch pipeline.
The
feet of gas
per
day,

during 1953 reached a new
according to a report from O.

year,

insurance

$416,000,000,

applied

insurance

new

high for the third consecutive
Kelley Anderson, President.
Total

all

asked

cubic
for

sales

be

program.—V.

company has

to

Tex.,

1953—12 Months—1952

England Mutual Life Insurance Co.—Sales
Up—

company's

to

are

construction

another

New

,

group
sponsoring
Valley Electric Corp. which is constructing two plants, with
total capacity of 2,200
kilowatts, to supply the generating require¬
ments
of
the
Atomic
Energy Commission's
new
gaseous
diffusion
plant at Portsmouth, Ohio.
the

•

$35,280,352 $38,813,576 $462,301,069 $405,222,426

178, p. 2575.

This offering is under¬

subsidiary, Independent Natural Gas Co, The latter joined in the
ap¬
plication, requesting authority to abandon its pipeline facilities.
Independent's facilities are located in Gray and Carson
Counties,

National Tea Co.—Current Sales Off—
3 Weeks &

315,961 additional shares of common stock
per share on the basis of one new

Northern Natural Gas Co,—Proposed
Acquisition—
This

Period End. Dec. 31— 4 Days,'53

be¬

or

at $26.25

net

pany's

bui'ding,

1879.

p.

parts

also

3V4%

The

'I'

include

100.000

on

written by a group of investment bankers headed
by
Central Republic Co. (Inc.), Blyth &
Co., Inc., and Mer¬
rill Lynch,
Pierce, Fenner & Beane.

com¬

v

plant site acquired by the company is of 96
acres,
affording
for considerable
expansion.
This is the second largest si.e of
National Supply plant; the company's
plant at Ambridge, Pa., has

with

par)

share for each ten shares held.

was

be

in

sylvania

EARNINGS—Consolidated

The

the

Dec. 23.

on

Northern Indiana Public Service Co.—Stock Offered—
The company on Jan. 21 offered to its common stock¬

room

any

announced

was

service

where

resistance *

equipment,

plants.

for

company

fore Feb. 3 for

building

now

machinery

Privately—

has arranged to place privately, through
Stifel, Nicolaus & Co., an issue of $500,000 first mort¬
gage and collateral lien bonds, series D, due Dec. 1, 1978,

Shape

Titanium

•

,

Northern Illinois Water Corp.—Bonds Sold

'

first

111./

extreme

company
oil field

of

production

7,

late'in

NRC

the

Co.—Building New Plant—

manufacture

the

Dec.

pleted

the

that

castings will now be
by American industry in applications

use

National Supply

announced

titanium

strenght-to-weight ratio or
importance.—V. 178, p. 2199.

of

plant,

Co.,

agreement,

for

18

covering

granted

Foundry

this

commercially

high

been

Jan.

on

agreement

has

Howard

means

their

President,

13

(401)
J

-

^4.09

rate:

£1

South

expenditures
with

assets

for

$907,503

plus

African

the

for

six months

the

inventories

31,

S-.78

amounted

corresponding

at Dec.

$5.26

*3.3b
$2.80

share
per share

period

1953

compared with $10,333,138 on Dec. 31, 1952.

to $940,834,

of

totaled

1952.

aa

Net

$10,338,373,

V. 173, p. 383.

<.

14

The

5%

a

stockholders

common

from

shares

stock

.

record

dividend,

Feb.

18

Jan.

on

500,000

payable

to

on

1.

stockholders

Increase In the number
750.000 and directors declared

approved

an

in

the

5%

Since

Sept.

30,

-Henry. D.
pointed

by

178,

available.—V.

not

are

25

Jan.

on

to its

aggregate of $2,000,000 and

to

utility properties.—V.

179,

the

A

makers
did

Marine

remainder

the

Net

predict
the

for

do

one

new

motor,

in

starts

the

ual

price

motor

at

:

and

f.o.b.

are

manufacturers.

electric-

Evinrude

the

called

unit

touch

motor

second

A

the

for

of.

a

finger.

supplied

is

button

The

a

an

Big

electric-starting

all

Twin

is

ratings

horsepower

Expected- -Plant'Addition

Sales

Some

the

The

Con-

Under

such

the

as

appliance

and

automobile

manufac¬

have

Evinrude's history.
;
"Our production in the 1953-54 fiscal year will be up almost 25%
over last year,"
he said.
"As far as we can learn the entire marine
industry is expecting a better year in 1954."
He predicted industry
sales will exceed 500,000 motors, compared with somewhat
less than
in

450,000

production

in

year

and

1953.

the increase- and we have placed orders for
production machinery," he continued. "Our
assemb;y lines and test crews are working two shifts a day and our
manufacturing departments will continue working a third shift as
"Our

employment Is on

large quantities of special

they have for the past several years."
In
contrast
to
predicted sales slumps in'other-lines,' Mr. Webb
said
the
still
growing demand
for
outboard
motors
probably
will

allocation
of
motors to the firm's dealers.
A $1,500,000
the Evinrude
plant in Milwaukee, Wis., for which ground was broken in September,
-..is being rushed to completion in the hope that the resulting 85%
plant expansion may help the production outlook before the end of
the current year, he declared.
Commenting
on
the continuing trend toward the use of larger
outboard
motors,
Mr.
Webb
said Evinrude this year
is assigning
almost 20%
of Its total production to its new 25 horsepower electric
starting Big Twin.
This new motor, shown for the first time at the
Motor
Boat
Show,
has a built-in
electric starter similar to those
used in
automobiles.
It is operated by a push-button on the dash
and gets -Its power for starting from a standard automobile battery.
make

—V.

it

continue

to

necessary

178,

made

the

*

of
strict
addition to

policy

2576.

p.

-

•

-

of

value

—V.

p.

1951

1953

shr.

per

1952

$10.15

31—

pec.

Not asset

178,

$14.19

1950

1571.

1,

is

expected

Parkersburg

Exch. Offer—James B. Black,
Electric Co.

Pacific Gas &

on

President,

Jan. 20, said:

on

20 entered into an

Jan.

agreement

its common capital Stock for the shares of
common
capital stock of Pacific Public Service Co. owned by Blyth &
Co., Inc.
1 acific Public Service Co., also a party to the agreement,

to

shares

exchange

has

84%

the

of

Public

of

Co.

Faci ic

Service

The

the

The

Co.

its

Gas

Gas

stock;

for

stock,

P.

Co.

immediately

U.

Gas

Service

&
Co.

supplemental

a

Commission

authority

for

make

an

identical

stockholders

of

Pacific

and

to

Commission

U.

share

Gas

to

Gai

of

Co.

of

stock,

or

in

Coast

Gas

the

Counties

&

stock,
Co.

or

common

4.80%

Electric

Co.

Gas

the

share

&

Electric

Electric

&

Gas

for

4.80%

in

the

Pacific

West

Co.,

4%

stock,
Pacific

share

of

series
first
Gas

5%

share

one

preferred
&

California

for the

exchange

the

issuance

Securities and Exchange Commission
the exchange proposals.
P. U. Commission will hold a
hearing

purposes,

proposals
of

shares

among

and
of

others, of passing

approving

capital

stock

the
of

upon

terms

and

Pacific Gas

will

also

be

Jan.

28,

conditions
&

poses

the

obtaining

to designate

a

of

regulatory

approvals,

reasonable exchange period,




the

Electric

company

uses.

day • triplo

that a new 405-ton per

become

Parkersburg-Aetna;

of

shares

two

will

share

one

another
fertilizer products.

Parkersburg-Aetna; I

of

Co.

added

Terminal

the

two

concerns

be-conducted

.will

as

monia

of

divisions

in-

plants

these

•

nitrate-

ammonium

of-

new

-v

•

-

.

-

„

plants were located at Adams
of natural, gas for the am¬

>

26 million cubic* feet per day from
Chocolate Bayou Field..* Adams-Term¬
port facilities.; Equipment has been
the Houston Ship Channel to eliminate

tidewater

excellent

has

pollution.—V.

air

any

in

reserves

installed

corporation.

Virginia

,

will .take
the nearby

which

plant,

also

inal

these

availability

the

of

because

manufacture

the

/

announcement- said

'The

-

Parkersburg Rig & Reel Co. and Aetna Ball &/
was-approved at-special stockholder meetings in

of

•

./

Completion of the new-triple superphosphate
essential element ofplant food to Phillipe

plantsthere.

plant

in

used

acid

nitric

of

its

Phillips

of

on

179/p:.. 9.

;

■,

Pillsbury Mills, Inc.—Sells
'

Duff

See

/

•

Duff Mixes—

Mix Corp... above.—V.

Baking

178,

.668.

p.

»

>

.

(Pa.)--Transfe*

Pittsburgh,Terminal. Realization Corp.

.

,

Agent Appointed—~

1,000,000

The

Bank of New York is transfer agent
165, p. 595.*
*

,

this corporation.—V.

for. the capital stock el
*

.

value.

par

Under

the

<

.

.

/

-

'

basis

of

note
>

assets

that date

on

$1,779,131.

$10,613,134

were

ended

year

net earnings

Parkersburg's

31,

Dec.

1952,

facilities

current

and

See

Parkersburg had

it

from

These
less

of

dated Feb.

to

W.

are

equipment

Jan.

This

certificates,

trust

1, 1955 to 1969, inclusive. ' '
to be secured by
new equipment

179,

Co.

liam

B.

Mcintosh

Mr.

director

Montreal,

Vice-President of

First

succeeds

David

the company.—V.

of

costing

not

M.

179,. p.

it was announced
Pepsi-Cola Co.

Chenoweth

who

will

by

Wil¬

remain

a

8.

Perfecting: Service Co., Charlotte, N. C.1—Stock Offered
—The company on
rata basis

Jan. 20 offered stockholders

15,001 shares of

common

share), with rights to expire
offering

underwritten

is

shares by R. S. Dickson
The

stock at

to

($10

par

about Feb. 4.
maximum of

on or

up

on a pro

a

per

This
8,001

proceeds

to

are

purposes.—V.

Halsey, Stuart
nounced

used

179, p.

Co.

&

Jan.

on

first

for

capital

working

and

general

107.

Inc.,

that

12

and

managing underwriter, an¬
offering of $20,000,000 of

its

refunding

mortgage

has been sold and the books closed

2479)—V. 179,

p.

*...

-*

Placed Privately—The

was

formerly

was

made in

the

Canadian

bonds,

due

1983,

(see details in V. 178,

Inc.—Bonds Sold—Men¬

that

estimates

company

William

Philco

Balderston, President, on Jan.
will actively enter the field

Corp.

tribution systems,
Since
Dec.
31,
additional

rowings,
lative

meters, transformers, services, etc., $29,500,000.
1952, the company has obtained $44,877,481.50

capital

'of

consisting

$15,000,000

through

preferred

inventory

stock

common

initiate

the

Philco

$44,000,000)
in meeting con¬
presently estimates that its re¬
$74,000,000 to the
end of
1955
will be provided
substantially as follows: approximately
$10,000,000
from
the
sale
of
the
series
K
bonds;
approximately
$21,000,000
from
other capital
securities
(of
which as much as
$15,000,00
may
be
initially
obtained from bank borrowings under
the 1953 credit agreement); and approximately $43,00,000 from funds
on
hand and becoming available through operations of the company
during the period.
In this connection it should be noted that I notes
issued under the 1953 credit agreement mature on Dec. 31, 1956.

Philco

The

company

expenditures of approximately

GIVING

EFFECT

other

plan

sales

of

will

is

investing

capital

financing

new

finance

Philco

and

and

funds

program.

thus

have

which

will

Philco

products,

to
Philco

up

of

$5,000,000 In the
Finance Corp. to

>

PRESENT FINANCING

TO

release

their

an

all-year-round Inven¬

own

particularly

capital

the

to

finance

rapidly growing
equipment which

in

Trusts,

financing

cooperation

plan has
with The

Philadelphia,

Corp.'s capital

and

been

worked

out

by

Philco

Finance

Corp.

Pennsylvania Company for Banking and
associated" banks.
In
addition to Philco

lines of bank credit have been established
by the finance corporation, commensurate with its capitalization and
requirements, Mr. Balderston said.
Philco Finance Corp.'s
operations • will be headed by William H.
Crawford

as

investment,

President.

Commercial

Credit

Mr.

Co.

Crawford

was

notes,

7,

$48,000,000
15,000,000
12,000,000
25,000.000
25,000,000

-

serially

to

4.32%

series

4.90%
Common
•The

stock (par $100)
stock.(par $25)
preferred stock—i

pfd.

pfd.

series
stock

amount

of

bonds

subject to the terms

'

150,000 shs.
1,400,000 shs.

.

$608,000
150,000 shSi

800.000 shs.
600,000 shs.
4,253,069 shs.
issuable under the Indenture is unlimited
thereof,, additional bonds of any series may

preferred stock.
par value)

(without

-

Dec.
,

cumul.

Cumulative

and,

maturing

1961

3Vi %

air conditioning business, and home laundry
Company is offering for the first time, Mr. Balderston pointed out.

The

of

-

.

Outstanding

bonds—

F, 3'/8%, due Sept. 1, 1975—
G, 3'/«%, due Nov. 1, 1977
Series H, 3%, due Jan. 1, 1979
Series J, 3%%, due July 1, 1982
Series K, 3%%, due Jan. 1, 1984

Series

4%

available

mortgage

Series

for
1

distributors

increased

the

that

financing

of
bor¬

approximately

(aggregating

expenditures.

maining construction

distributors.

Balderston

Mr.

announced

of

bank

the

from the sale of 600,000 shares of 4.90% cumu¬
stock having
a
par
value of $25 per share and*

$15,000,000

$14,877,481.50 from the sale of 472,301 shares of common stock without
par value.
The company is using the net proceeds from the foregoing

•First

19

con¬

from Jan.

Authorized

Finance

its

1, 1953 to Dec. 31, 1955,
inclusive, will require the expenditure of approximately $118,000,000, ' as follows:
Power
production facilities, $46,900,000;
trans¬
mission lines and substations,
$41,600,000; and general buildings, dis¬
for the period

program

both

CAPITALIZATION

Philco Corp.—Financing for Distributors—

Stendel 0U>

Palmer

issue of Jan.. 18 of the public offer¬

our

PROGRAM—The

CONSTRUCTION

.

struction

.

5,000,000 shs.

issued.

be

^Includes

4%

notes,

,/

-

ing by Halsey, Stuart & Coj-Inc. and associates of $25,-'
000,000 first mortgage 3%% bonds, series K, due Jan. 1,
1984 at 102.625% and accrued interest. It was oversub-:
scribed and the books closed. Further details follow:

108.

p.

Burnham .& Co.,

1670.

p.

Public Service Co. of Indiana,

-

securities

& Co., Charlotte, N. C.

be

Philadelphia Electric Co.—Bond Offering Completed—

3Vs%

<

struction

net

corporate

12.

corporation

Corp.—V. 178,

tion

207.

p.

Ltd.,

Canada,

Forsythe,

2681. *

appointed

been

of

p.

series

formerly Vice-President
and
General Sales
President and Managing Director of

Mcintosh,

has

Pepsi-Cola

177,

above.—V.

Inc.

Yofk, $600,000 5% %, subordinated , income notes
due Nov. 1, 1963, with warrants, and $500,000 5% promissory serial notes due Sept.. 1, 1958* it; was announced

Feb. 3 at Room
1811,
Pa., receive
bids for the

Pepsi-Cola Co.—New President of Canadian Unit—
Frank

Loew's,

NeW

on

and td mature in. 15 annual installments,

1954,

$7,020,000.—V.

Manager,

...

Inc.—Wholly-Owned—

Progas of. Canada*. Inc.—Notes

Equipments—

on

noon

$5,265,000
1,

Feb.

on

certificates

than

/

corporation has sold privately through

•

in

located

are

(EST)
Philadelphia 4,

will up
Station
Bldg.,

company

to be

47.

p.

I

of $373,727 after the accrual of $565,929 in taxes.

plant

$351,000 each

of

177,

Poll-New England Theatres,

on

BB,

.

1959—V.

•

total sales of
$16,767,220 and net earnings of $667,037 after the accrual of $1,289,919'
for Federal excess profits and State taxes.
Aetna had -sales of $5,517,-'
the

;For

agreement with

supplemental

a

a

Current

$7,339,358.
liabilities

J

the Guaranty Trust Co. of
York, the company proposes .to borrow $980*000 on a 3
due Jan. 31, 1958 and $3,020,000 on a 3Md%
note due Jan. 31.

Under
New

,

pro-forma consolidated balance sheet combining"
unaudited figures for trie uwo companies as ui oi-pt. 3u,
1953, total
assets were shown' to be $14,133,687.
Total surplus was Indicated as
the

On

Borrow From Bank—

Plymouth Oil Co.—To

approximately 40.000 shares of Parkersburg'

plan,

merger

Rig common stock owned by Aetna will be canceled.
- :
-Application has been made to list the common stock of ParkersburgAetna Corp. on the American and Midwest Stock Exchanges.
•
;
The combined companies have total assets in excess of $14,000,000.

for

pro¬

industrial

many

.

without

Co

whereby the minority
i

become

Ball

of
and

shares of common stofck and 11,234 shares of
$5 cumulative preferred stock have been authorized. - Common shares
will have a par value of $1 per share and
preferred shares will be

the fairness of

required to effectuate the proposed exchanges.
The
directors of Pacific Gas & Electric Co.
have authorized the
issuance of the shares required to effect the
proposed exchanges, and
the listing of the shares upon the several stock
exchanges Involved.

for

officials also announced

.

of The

Philco
on

and

fertilizers

solid

of

tion

in

manuiactures

total

A

tory

the

of

effect

the

Following

-

traded on the Midwest Stock Exchange.*
of shares will be as follows;; Each share

Wood, Aetna President and Treasurer, will hold the same offices
in the organization.
Mr. Knowles and Mr. Wood will be the Chief
Executive Officers of the merged corporation. * '■ • ■

Electric

stock.

common

available nit¬
in increasing
the manufac¬

A.

Coast

B,

Channel, according to us
Adams, Chairman, jand Paul

Ship

S.

K.

for

Phillips

,

pre¬

Co

subsidiary, *»

wholly-owned

a

storage of petroleum products.

common

70/100ths

redeemable

of

Co.

Electric

&

each

preferred

70/100ths share

of

stock, one share of
preferred stock, or in

alternative

stock;

Coast

contained

each

first

Pacific

of

in

Co.,

alternative

For

preferred

Pacific Gas

of

8/10ths share

Electric

&

follows:

redeemable

5%

subsidiary,

exchange proposals
as

share

Electric

Pacific

be

authority to issue
outstanding preferred

its

of

will

Aetna

Bearing

1897,

and

offer

Public

for

the

and

Co.

cumulative

preferred

&

Counties

share

The

will

$1.30

series A,

first

to

P.

common

Service

70/100ths

each

Approval

Public

Electric

&

ferred

required

California

Co.,

alternative

Pacific

California

Electric

&

Pacific

redeemable

file

will

Co.

minority

application

Service

The

each share of Pacific Public

capital stocks in exchange for

Public

1954,

Pacific

of

Co.,

superphosphate fertilizer plant was being . put in .operation at Adam®
Terminal* and the completion of/additions at r the company's plant
at
Dumas
in the Taxes Panhandle more than doubled the
produc¬

Parkersburg Rig and Reel,, established •
equipment used in the production, processing ,
Aetna manufactures ball and roller
bearings and related
products.
,.
.
A. Sidney Knowles, formerly Chairman and President of Parkersburg,
will be Chairman of the Board of the merged corporation, and William
the

in

undertaking to make a similar offer of exchange to
stockholders is also contained in the agreement.
also file immediately another supplemental ap¬

Pacific

of

supplemental

Co.

of 330,535
the Blyth

by

14

Jan.

450-ton per

new

a

Houston

the

on

on

of

Chemical

President,
Ammonia,
which contains. 82%
growth element most needed by plants, is
direct agricultural
use as a fertilizer, for

the

demand

about Jan.v31,

or

on

exchange

business

The

will

the

with

of

Counties

of

share

of

merger

Roller

common

company

stocks

for

Co.

Terminal

Endacott,,

•

-

start-up

-

production of anhydrou*
day plant recently

doubled its

practically

has

the

by' Phillips

announcement

mid-January.

Pacific

of

exchange

an

Electric

&

53/100ths

of the agreement,

terms
to

minority

plication

the

the

with

out the

exchange

shares

is

for

Electric

&

Gas

application

TLe

ratio

stock

Gas

stock

common

provides for

Pacific

of

exchange

common

outstanding

of

agreement

stock

stock.

common

carry

The

Co.

common

The

Electric

shares

741,970

Cervice

interes'/.

the

in carrying out its terms.
presently owns 623,651 shares, or approximately

Inc.,

Co.,

&

shares

of

of

pledged full cooperation

Blyth

that

Rig

share

eacti

purchase

Jan. 19 filed a registration statement with the SEC
of first and refunding mortgage bonds, series W, •.
to be offered at competitive bidding. The proceeds
costs of new construction and to repay bank loans.

help pay

of

basis

Suburban

\ To Acquire Pacific Public Service Co. Shares Through
The

Adams

ture

Pennsylvania RR.—Bids Feb. 3

1984

with

completed

Ammonia

Co.—Completes Large

Petroleum

company

ammonia

rogen,

1954, the merger of this
company and Aetna Ball & Roller Bearing Co. will be effected.
The
consolidated unit will be The Parkersburg-Aetna Corp., whose common

'

I

on

company

to

t.re

This

and

to

$15.65

$15.37

covering $60,000,000
Die.

mortgage

nearness

Parkersburg (W. Va.),.
Coffeyville (Kansas), Houston. (Texas) and Pomeroy (Ohio), the latter
a
foundry.
Aetna's plant is In Chicago.—V. 178, p. 1879,

^Pacific Gas & Electric Co.—Registers With SEC—
The

that

improvements

its

on

Parkersburg Rig & Reel Co. below.

Tlie

due

-Phillips

-

.

•

Securities Co., Inc.- -Asset Value Lower—

Overseas

"As

half;

capitalize

15

Jan.

on

than

more

to

Parkersburg Rig & Reel Co.—Consolidation—

919 and
-

Panhellenic House,

Parkersburg-Aetna Corp.—Propose Consolidation—

in

sales

to

Benson

Plant—Expands Fertilizer Production—

announced

reduced

The

trouble equaling 1953 sales in the coming year, but
anticipates no such difficulty, according to W. J.
General Manager of Evinrude
Motors.
Webb
said
that by all indications this
will be by far the

biggest

intends
of

1928.

also

was

See

informed Philip Morris that J*,
accept the exchange offer with regard to the 242,759 sharea
and Hedges common stock which it owns.—V. 179, p. 8.
Inc., has

Stocks,

Allied

and

Tobacco

indebtedness has
modernization have
United Nations head¬
quarters; larger rooms and suites have been created, and new income
producing
departments
organized.
Particular
emphasis has been
placed on smaller meetings, banquets and conventions.
It

been

boating Industry

Webb,
*M'r.

field."

non-cumulative preferred stock.
Beekman Tower Hotel, • originally known as
in

interest in the filte*

and untried brand for an

new

a

Introduction of »
it. is continuing with
feels it undesirable to

by the company.
"While
its own filter cigarette, it

of

$50 par

built

was

undertaken

been

cigarette

rely solely on

E.

stock, $1 par value, will be

Industries,
may

Emily

on

It

struction—
turers,

6%

certified

O.B.C.

are

had

filter

development

tho
pro¬

studies and prep¬

was contemplated,
with a view to the

acquisition

such

Before

new

an advantageous way for- it to obtain
for filter cigarettes," according to the

demand

the

of

Hedges—the owner of
acceptance—is, in tho

of Benson and
gained public

already

has

company,

arations

Hepburn, President of the Board, has announced
the first annual dividend paid to preferred stockholders since; Beekman
Tower
Hotel was opened
in 1928.
Dividend paid $3 per share, or
Mrs.

the

of

control

stock

of

which

benefits

for

extended).

1, 1954, unless
brand

opinion

Preferred Dividend—

tial

Other motors in the 1954 line
are
Fleetwin
Aquasonic,
a
7'/2 -horsepower

r.p.m.

Record

subsidiaries

event less than 355,460

effective unless at leas*
deposited before the expiration of the exchange offer

filter

spectus.

be

OR
t»

share for share basis.

a

"Acquisition

>

a

which calls for $15,000,000

1953,

1,

advanced to wholly-owned
facilities.—V. 178, p. 2200.

to

are

refining

of

on

355,460 shares are

Co.—Loans—

Transport

&

With SEC—

of the Benson and Hedges stock.
Accordingly, It will not declare the exchange

1961.

to

them to obtain more

and, in addition,;, to enable
179, p. 8.

paper

Philip Morris wishes to acquire all, but in no

the

$235,000;
the
15-horsepower Super Wastwin
at
lightweight 3-horsepower Lightwin at $145.00. Prices
and

dated May

1955

retail

shares,

(March

31,

proceeds

construction

for

the

Hedges,

.

with Simplex man¬

Big Twin,

standard

quiet

Dec.

■>-.
■.»

wholesale accommodations.—V.

corporation filed a registration statement with the
Jan. 13, 1954, covering 444,325 shares of its $5 par common stock,
be offered in exchange for shares of
common stock of Benson

31, 1954, the company has taken down $7,000,000
National Bank of the City of New York on a 3V2%

Chase

due

been

standard six-volt
electrically operated

by

actuates

Evinrude

new

$410.00.

new

Milwaukee

4,000

outboard

starts.

of

retailing

$335.00;

the

at

starter

starter, sells
revolutionary

the

the

longer depends on the the starter cord used
Instead, an
auto-type
starter
driven by
an
by a push button in a small panel on the

Milwaukee.

f.o.b.

that

boating what the electric starter
announced on Jan. 15 by Evinrude Motors,

largest

motor

the

"cold"

^Retail
$498.00,

starter

electric

operated

battery.

for

built-in

a

25-horsepower
no

and

for

automobile

choke

New

outboard

was

the
a

outboards.

motor

Power

of

Twin,

Big

earlier

dash

Has

—

their

Philip Morris & Co. Ltd., Inc.—Registers

before Dec.

the

from

dealers

more

ThiB

Panhcllenic House Association, Inc., N. Y.—Pays Ini¬

with

for

automobile,

and

-The

starting

Co.

for

58,253.974
45,897,681

59,377,661
46,853,677

5,336,254
4,273,2o7

Petroleum

agreement

an

loans

note

Manufacturing

motor,

will

oldest

electric

&

many

2576.

American

Under

additions

of

5,566,977
4,197,967

charges—.

alter

178, p.

Pan
of

3,813,254

income

operating

nation-wide

a

their merchandising program for 1954.
ine new,
Commercial- Credit Corp.
is designed to permim,
to have a strong, dependable source of discount

with

arrangement

44,287,299 521,029,992 482,766,534
31,516,891 377,254,855 341,438,402
42,638,00042,223,489
3,908,000
42,173,987
40,436,158
3,526,154

3,883,000

taxes-

operating

Net

—V.

taxes

income

Other

1953,

23,

dealers- in expanding

$

$

$

34,623,488

Offering—

cost

ap¬

1953—11 Mos.—1952

1953—Month—1952

expenses

common

to

At

with

begun-with
offering

were

Dec.

on

accounts-on

Telegraph Co.- -Earnings—

&

Operating

Starting Motor—
outboard

new

the

668.

The

Electirc

of

47,886,719

206.

p.

•:

.

has-been

Co.,

Cordage

Tubbs

of

•

the. Executive Committee to fill the vacancy
Norman B. Livermore.
Mr. Nichols has been
board of directors since 1938.—V. 179, p. 207.

revenues

-

Outboard

President

Period End. Nov. 30—

,

the

these

to

liberal

stockholders
of
record
Jan.
22
the right to subscribe on
or
before Feb. 8 for
$2,500,000 4 Vs> %, convertible debentures due Jan. 1, 1964 at 100% of
principal amount on the basis of $100 of debentures for each 25 shares
of common
stock held.
The offer will be underwritten by Blyth &
Co., Inc., and associates.
The net proceeds are to bp used to retire outstanding bank loans in
issue

plans to

distributors

of

Operating

p.

an -announcement-to
f/l-'f
standard floor plan faeiutn*t.*
all-year-round-Jjasis.
..
»- *•- r .
the
same
time, Mr/Balderston? announced tfcafc~FKliCo- -fc^»Fp. '
arranged expanded dealers Wholesale and. retail/ llnance/plan*
Commercial
Credit Corp.,. which should
greatly- assisj^Phile»t

---Initial-operations-

of

death

Pacific Telephone

Federal

company

the

member

a

Nichols,
member

a

caused

Member—

Committee

$

figures

the preferred
Counties Gas

Coast

and

Co.

an

31 to end

has changed its fiscal year from Jan.

comparable

Service

Public

given

dividend.

company

Otter Tail Power Co.—Proposed Debenture
The

be

Executive

,

stock

the

Pacific

will

Co.

had

New

;
Charles Cohen, President, said that the company had no plans at
the
present
time
for issuance
of
any
further common stock.
He
said it would be the policy of directors to issue additional 5% stock
dividends annually so long as earnings Justified such a policy.
Sales for the first quarter of the company's fiscal year ended Dec.
31,
1953
were
$3,865,348, net earnings after all* charges and taxes
$187,500 equivalent to 36c per share on the common stock giving effect
to

of

opportunity to exchange-their shares
accordance with the proposals set forth above. V -

Electric

15 to stockholders of

about Feb.

or

&

Public Service-Co,-and

stockholders-of--Pacific

common

.Opelika Manufacturing Corp,—To Pay Stock Dividends

:

of

...Monday,*January,25,, 195#

The Commercial and Financial Chronicle

(402)

$38,000 principal
dated Dec.

7,

1941,

amount maturing on June 7,
were issued in the principal

formerly* Vice-President

(Continued on page 52)

1954. Such
amount of

-

Number 5293

Volume 179

...

The Commercial and Financial Chronicle

(403)

Stock Record «» New York Stock Exchange
WEEKLY VOLUME OF TRADING

DAILY RANGE OF PRICES

YEARLY RANGE OF SALE PRICES
STOCKS

Range for Prfritai
Leweal

Highest

41% Oct

2

8% May

6

5% Nov

99

47% Jan
112

25

14

3% Sep

2

Jun

8% Sep

125

15

Jan

10% July 3
6% Jan 23

ABC

Vending

30% Jan

24

31

26% Jan

6

Acme

16

35% Jan

30

25% Sep

14

35% Jan

2

Adams

33% Oct

20

42% Jan

5

23% Dec

29

36% Feb

25

19

64

22 i

32% Oct

Dec

66

24% Jan

106% May

2

10%

10 3/4

11%

10%

2.80

6%

6%

6%

6%

6%

10

Co

Co

21%

21%

21%

21%

22

21Ys

22

21Y4

21 Ya

7,200

30%

30%

30%

30

30%

30%

30%

30%

30'%

4,000

28%

*28%

283A

28%

28%

28%

28%

28%

28%

27

Addressograph-Multigraph Corp—10

60%

61

60%

60%

61

61

6

Admiral

19%

20

19%

20%

20%

20%

7

7% Sep
49 V* Sep

14

6

Affiliated

3

52

Nov

10

22% Oct

8

29% Jan

8

15

114% Jan

5

Oct

Aug 28

1

Com

Gas

w w
Inc common

1
50

8%

8%

8

•49%

50%

50

50

24%

24%

24%

24%

100

•105%

106%

*106

1063/4

•106

107

100
10

•155%

158

*1553/4

158

*155%

158

4.50%

160

Jun

3

2

3% Mar

6

2

Sep

11

3% Apr

14

23% July

1

17

Sep

15

21 ys Dec

31

Aldens Inc

9
5% Dec 23

70

Aug 10

74

27

S

Sep 14
Sep 15

76

4

2% Apr

24

79% May

May

130

Feb

5% Mar 25
152

Jan

158% Dec

23

Oct

9

81

Aug 24

46% Jan

5

21

25% Sep

15

39

Jan

6

Jan

17

91

1

104

Feb

16

98^

Nov 10

85

Jan

110

8ep

5

72%
3%

*93%

29

22

Mar 25

Allied

Kid

32% Feb 21

36

Mar 27

24% Oct 28

33

Jan

•

Allied Mills

36

40% Dec

15

28% Sep 21

40% Jan

8

Allied Stores Corp common—No par

87

94

36% Feb 21

Oct

1

61% Dec

23

95

123

Dec

23

49% Dec 30

Sep 22

41% Oct
86

Oct

40

Sep 14

Oct" 16

3% Oct 23
33

Nov

24

15% Sep 15
141% Jan
9
60% Feb 20

12% May
73

2

Apr 29

64%

Jan

4

2

Co

54% Jan

20

Aluminium

2

30% Dec 24

36% Mar 24

3% Mar 24

11
9

148% Oct

14

189 ya Jan

5

Amerada

Dec

30

55% Nov

2

75% Jan

6

Amer Agricultural

16% Jan

2

11% Dec

31

15% Jan

8

American

Jan

2

70% Dec

29

84% Feb

4

3'%%

90

15

19% Mar 18

29% July

20% Dec 31

Nov

25

61% Feb

18

Dec

19

15% Aug
53 % Aug

36% Oct
Oct

102

30

17

19

7
7

41% Mar 13
107

Apr 22

99

Dec

8
17

14% Nov

20% Feb

2

60

Jun

5

12

6% Aug 31
35

Nov

34% Sep
91

Sep

2

21

17

59

Jan

6

12% Jan

29

Feb

26

40% Jan

27

4%%

47

103 y4 Feb

6%

15

4% Dec

6

29

Jan

7

15% Mar 20

6%

3% Sep

15

12

American

Nov

27

45'/» Nov

9

40

28% May 16
43% Aug
5

12

31% Feb

9

45% Nov

12

40 % Apr

31

22

42% Jun

27

30% Sep

23
14

73% Apr 23
27% Oct 24

83% Jun

Dec

29

85% Mar 18
34 y4 Jan

42% Jan

507/s Jun

Oct

2

14% May 21
20% Feb 13

36% Dec

32% Feb

26

72

8

26

Sep

14
24
2

6

44% Apr

19% Feb 25

16% Jan

26

21

Mar

6

Sep

15

96% Jan

15

60% Aug 25

59% Jun

9

41% Jun

89

143

Apr
;

May

9

33% Oct 30
6

Jan

9

90

May

3

49% May 25

26

,

4%%

17y4 Feb

4

American

Export

19

11

May 25

American

&

18

35

Dec

31

Amerlcun

Gus

9

67

Aug

3

American
American

Hide

7

8

Feb'ii

48

Jan

5% Jan

3% Oct 21

lo

2% Dec

29

5% Mar 25

Jan

14

26% Dec

24

39% May 27

45

30% Sep
*35% Oct

3

6% Apr

9

8

Aug

Feb

14

96

Dec

8
19

20% Feb

26

23% Jun

30

19% Jan

4

Dec

3

39% July 23

36% Jun

15

48 y4 Dec

29

6% Jan

23

8% Dec

31

American

Nov

6

22% Jan

15

86

Jan

16% Sep

9

15

19

Jun

24

96

21% July 31
102
Sep
9

3

7

Dec

100% Mar 17
24% Mar 16

Amer

12

86% Dec

31

15% Sep

16

19% Feb

2

27

Oct

31

30% July 23
105

May 15
17% Dec 31

187% Jun

8

26 y4 Feb

94% Jun

23

105% Feb

15

18% Feb

2

7% Jun

22

American

Molasses

42

Dec

15

American

Natural Gas

31

37

Mar 27

American

News

39% Mar 24

American

12

29 y4 Jan

23

28% Sep

16

36% Jan

30

16% Apr

1

12% Sep

21

15% Feb

4

Feb

23

175 % Aug

5

148

Jun

11

171% Feb

6

6

Jan

2

8% Jun

23

6

Aug

7

7% Jan

8
17

19

Oct

29

24YsJun

12

42% Apr 24
38% Mp,y 19

49% Dec

3

41% Dec

15

65% Jan

29

25% Sep
136
Jun

14

44

30% Oct

16

34

9

127

Mar 14

Apr
60% Dec

18

53

Jan

165% Sep
397/s Feb

2

16% July

6

2?
lb

30

127

36% Jan 29

25% Sep

21

36

407/s Aug 18
60% Mar 6
135% July

1

667/s Dec

16

59 % Dec

1-28% Dec

24

69% Jan 21

35% Oct

22

116% Jan

3

119% Jan 24

111% Dec

4

7% Jun

13

9% Dec

13

9

Jun

9

Tel

77% Aug

3

American

American

Jan

2

5%

7

10% Feb

119

37% Jan

7

81% Nov

*13% Sep'Io

27% Jan

2

18

95% Jan

22

57

Sep

11

94% Dec

19

82

Feb

7

59

Sep

11

89% Dec

16

26% Feb

13

14

21% Jan

5

89% Oct

23

30

68

Sep

21

97

Jan

6

Oct

15

55% Jan 24

29

Dec

29

45% Feb

26

2

48% Dec 31

43% Sep

15

Jan

30

38

40% May

109

Jan

11% Sep

67

preferred

prior

24

May 12
Jan

15

40% Oct

15

31% Jan

2

106% May 21
53% Jan 10

1

50% Dec

19

11% Nov 21

24% Jan

24

4% May 5
48% Dec 10

6% Jan

3

38% May

60

For footnotes




see

July

7

page 26.

25% Aug 27
25

94

Jun

32

Nov 25

40% Sep

15

Dec

29

8

2% Nov 24
30

Sep

14

$4

45

Jan

9

57% May

6
15% Feb 26

29

*28%

29

28%

28%

28'V

28%

28

28%

1,300

50%

50%

50

50%

50 34

503/4

50 Y4

50 Ya

2,900

22%

22%

22%

23

22%

22%

•91

47%
•130

33%

50%
*22%

22%
*91

92

48

48%
137

33%

*130
-

50%
22%
22%
92

48%
137

33% ; 333/4
8%
8%

8%

8%

28%

28%

*28

281/4

14

14%

14

14%

,

22 Ys

23

*22 34

23

231/4

23%

*22%

233%

92

91

91

*91

93

47%
*128

48%
135

463/4
*125

46%

47Ys
135

*127

34%,

34%

3,700

8%

8%

8Ys

83/s

2,100

28%

28'%

28'%

13%

14%

13 Ys

14

14

14

9%

9Vs

9%

9

34Ys

35

9%

9%

9%

34%

34%

34%

34%

35

34%

343/4

34

62%

61%

62

62

62%

621/4

♦26%
45%
9%
•91

18%

29%
47

9%
94

18%

3%

3

*26%

29%

*26

45%

46%

*3

*9

*91%
18%

9%

60

22,400

28%

35%

9%

3%

47

133

8%

8%

60%
3

1,500
,

28%

34%
*28

34%

1

900

23

23
*91

600

441/2
*9

21,000

34%

18,400

62i%

62

'63

*3

31/4

3

3

29%

♦26

29i%

*261%

453%

45

453/4

45Ys

3

9

9

9%

1,100

7,100

9'%

2,300
700

28

45%
9'

94

*91

94

*91%

94

•91%

*18%

19%

*18%

19

*18'%

19

900

94

19%

6,800

1,000

24%

24%

233/4

23%

24%

24'%

*24%

243%

1

101%

101%

100%

1001/2

100%

IOO1/2

*101%

102%

150

13 %

13%
88%

133/a

131/2

13%

13%

133/s

13 Ys

133%

13Ys

9,700

88

88

89

88'%

88%

*88%

23%

23%

23%

23%

233%

87%

86

86

18 Y4

18 3%

19

19'/a

3,000

21

6,500

1

,

1

c88

23%

23%

86

86

*86

87%

*88

23%
*86

24%
101

24%
102

23 Ys

♦85

89

24
86

1,600

200

8,800
100

18

18%

18%

18%

18%

18%

20%

20%

20%

20%

20%

20%

20%

203%

20%

101 %

*100%

101%

100%

100%

*100%

1013%

1013%

1013%

50

♦100%

16%

16%

16%

16%

16%

16%

16%

167/s

16Ys

16 Ya

3,300

7%

*7%

7%

7%

7%

7Ys

7Ys

*7%

73%

500

417/s
21Ya

34%

36

36

14%
172

35%
36

14%
172

6%

7

23%

34 Ys
36

14%
*170

6%

34%

36%
14%

343i
36 %

14%

35

36%
14%

174

*170

174

7

7

7

36

14%
*170

6%

*35

36

14%

143%
174

*170

8,900
4,100

13,900

353%

1,600

143%

52,100

174

50

3,300

7 '/a

6Ys

7
24

4,800

24

23%

23%

237/s

23 Ys

43%

43%

43%

44

44%

45

45%

463%

473%

710

43%

30%

29Y4

301/4

29%

30'A

30

30'%

30'%

30 Ya

29%

14,300

149

1493%

148%

380

148%

148%

149'%

*147%

147%
37%

37%

23%

148

37%

2334

149

37%

23%

37%

37%

37%

37i%

I,000

No par

28%

28%

28%

28%

46%

46%

46%

46%

*53%

53%

53%

541%

533i

100
100

122%

122%

122%

1223/4

122%

122%

122%

122 Ya

*133/4

13%

*12'%

12%

*133%

159Vs

1587/s

159%

158 3/4

159

62,800

623%

62'%

63

25,000

*121

122

54

9

13%

13%

13%

13 %

100

Co

158%

158%

158%

159%

61%

61%

128%

128%

25

100
29
100

com

61%
128

33%

34 %

34

29

29%

28 Ys

287/s

3,000

46V2

46 Ys

46%

47

46%

46 Ya

II,500

54

159

623/s

62

128%

127%

128%

128

34%

34%

34%

34%

116%

115%

115%

115%

1153/4

116 3/4

10 %

10%

10%

10%

101/4

26'%

25%

26%

•253/4

26%

No par

15%

15%

153/a

15%

15%

16%

100
preference—No par

83%

86

83%

84%

84%

86

89%

13%

88%
133/s

87 V2

1

12%

13

73%

73%

73 %

73%

73%

73%

25
50

31%

31%

31%

31%

313/4

3lYs

313%

31%

47

46

47

40%

47'/4

48 Ya

46

47%

30 Ys

31%

31 %

Corp

Jan

7

A

P W Products Co Inc

62

Jan

9

Archer-Daniels-Midland

30 Ys

No par
21.80

Mining

6

307%
102%

6.29

Clayton & Co
Oil

No par

Corp—

——

*101'%

33%

34%

10

46 3/4

46%

14

♦91%

8

♦3

No par

34

10

31/4

34%

980

353%

40,400
600

10

10%

26

26

15 Ys

15 Ys

15%

153%

85

85%

863%

86

87

86%

87%

871%

90

89'%

12%

131/8

12 Y4

*73

10'%

•

91

5,350

13

13%

4,600

731/4

731/4

100

31%

32'%

22,100

48

48%

1,100

32

6,800

321/4

31%

*102%

33 Ya

34

34%

103'%
351%

•102%

35

46

467/a

46'%

471/4
9'%

46'%

46 3%

*8'%
♦3'/s

9
31%

39Ys

35Ya

3%
34i%

10

3%
36

8%

•3%
35%

3%
36

800

8,700
2,110

13

103

32

3,800

731/4

34Ys

323%

300

129%

26%

10%
*26

800

680

34 Ys

♦102%

•91/4

14

128'A

103

•102'%

54

122 7/a

1163% 1163%

129

10%

Glass

122%

34%

1161/4

26%

preferred

54

54

*115%

com

80

28%

29

61%

62

123

122

9

Smelt

123

122

121

121

25

series

conv

Copper

29

37%

Corp

Anderson-Prlchard
Andes

77

120%

preferred

Anderson

77

37%

Wire & Cable

9

4,100

76i%

120%

&

Hocking

5

34'%

;

28

Anaconda

31% Dec

333%

76

34%

Copper Mining

106% Mar

3,300

337/s

751/4

441/2

preferred—100

Lead

Common

44%

33%.

75%

No par

Anaconda
Anchor

102

G%

$4 conv prior
85

4434

33%

75%.

9 %

No par

cl B

Woolen common

Amer Zinc

44 Y4

3334

*74

35

preferred

7%

17

16% Oct

44'%

333/4

75%

21%

American Water Works Co Inc

17

64% Nov

44%

33%

41'%

common

Viscose

American

44%

33%

22'%

common

Tel

&

Tobacco

Preferred

22% Oct 22

44%
•74%

29
25

343%

preferred

6%

14,900

413%

Tobacco

Sumatra

American

143% Oct ,27
60% Jan
5

371/4

213/4

Co

Stores

American

5

14,300

36 Y4

41%

preferred

161 y4 Jan

44'/2 !

33%

1,400

5

37%

36Ys

41%

American Sugar Refining com

7%

44%

37%

22%

American

19

37%

41%

Foundries

American Steel

37%

37

1

Co

noncumulative

6%

4%

5

37%

22

58

139% Nov 21

Dec

x37

41%

47% Nov 24

16

67

4%

1

100

Snuff

American

200

3,100

15%
173/s

5

223/s

134

16% July 30

*17

5%

41%

15
14

*15'%

17

5

22

24

23

11

161% Dec

153/4

17

53/a

41%

Sep

Feb

*15'/4

17V2

5

22

preferred

7%

5

May 12

153/4

17

5%

7%

Feb

2

♦15V4

17

Sany

Amer Smelt & Refg com

2

Mar 20

153/4

17

21%

49

10

167/8 Jan

11

Feb

300

21,600

41%

38

12
Apr
152% Jun

16

6

973%

1

120% Sep

1

10% Oct

30

40 y4 Aug 10

35% Dec

117y4 Dec

Jun

Jan

159% Jan

9

20

131

150% Jun

64% May 19
3
129% Jan

24% Nov 30

Sid

973%

*163/4

common—6
7% preferred
100
American
Safety Razor
5
American
Seating Co
10
American Ship Building Co—No par
&

99'%

No par

Co

Optical Co

Rad

•97Y4

*15%

2

Co

Co

Amer Potash & Ciiem
Amer

991%

No par

14

18

20% Dec

39% Sep

*973/4

No par

Sep

31% Jun

36% Jun

99%

17

100

4

16

19

com

Products Co

17

7

*97%

•

41

15%

100
7
100

preferred

11

28

F«>

Ltd

Co

Metal

4%%

American Metal

37Ys

♦39

♦15%

No par
No par

& Metals

Jan

13% Oct

36% Dec 11
122% Oct 29

Amer

37 Ys

9'/2
41

100

common

Jan

8

36

33% Oct

148

Amer Machine

38%

15Ys

No par

common

35% Dec

31% July 30
28% Dec 19

165

Mach

37%

15%

1

3.90%

9

13% Sep

Locomotive

9Ys
*39%

38 %

15Y4

60

Co of 111

Investment

preferred
& Fdry
preferred

7%

18

19

29

18% Mar 26

31

24

2

23

19 % Sep

13% Apr
Jan

12% Dec

preferred

prior preferred!

American

79% Jan

84

Jan

5 y4 %

9%
39%

38 %

9

com

Ice Co common

American

9%
39%

38%

38

38%

15%

American International Corp_No par

4

83 % Dec

24% Dec

97

25% Mar 18

104% Dec

9'/2
401/4

I

10

Co

10,300

93%

9%

*393/4

15%

40o

Products

Home

91/4

110

9%

15%

noncuniululive preferred—100

6%

2

24
11

13

16
25

Jun

94

Apr 24
18% Dec 31

16% Apr

78% Feb

*22% May 16

21% Sep
99

25

convertible

6%

American

57

153/4

1

Co

& Leather

571/4

30

17'%

57

15%

Foreign Power__No par
SS

17'%

56%

15%

20

Electric

17

56%

15%

100

No par

Secur

Lines Inc

&

17

57

98

com

Co

Hawaiiun

12% Mar
65

17

57

98

10

Encaustic Tiling

31% Jan

98%

17

40%

38

10

Distilling

98%

17%

100

9 %

12.50

com

European

12%

40%

No par
No par

American

*56%

•

12

1

common

3%%

56

17

i

12%

1

Corp

American

17

56

90
2

*98%

100

17

10

common

American

Feb

17% Feb

2,100

♦98%

100

5

27% Jun

73

*98%

98%

6

2

8

900
900

99

7

12% Nov

29,200

121/a

281/2
98'%

8% Jan

18% Aug 14

2,200

743%

39% Jan

33% Aug 11

603%

743%

Sugar

3

100

8,400

176

12%

15

20

60'%

61

281/2

100
10
preferred series B-100

14

60%

74%

Co

Oct

175%

173 Va

60%

28'%

30

conv

175J/s

173%

591/4

74%

6% Jun

Jan

193/a

*281/4

28% Sep

151

35

*187/a

741/4

117% Jun

10

800

2

•28Ya

19 Ys

1723/4

173%
59'

2

2%
35

*18%

28%

22

Dec

*2

*28Ys

19

12

31

8

11%

583/4

58% 1

2%
35

273/4

preferred
Cyanamid Co

prior

170%

173%

58%

19

741/4

Crystal

American

19%

12%

Chicle

4

*28%

35

*19

171%

1

Colortype Co

6

*28%

19%

27,600

28%

American

96% Mar

*2

2%

35

♦19

49'%

74

American

55% Jan

2

1%

♦28%

3,100

10,100'

63'%

11%

54% Jan 22

170% Jan

1%

1
50

100

7

10

491%

& Cable

16% Mar

Jan"

63

493/a

common

29% Jan

45%

63%

48Y4

27%

& Radio

26

7% Nov 13

463/4

623/4

73 %

American

9

46%

46

46%

73%

17

6

.400

27%

27

18

97

12%

23% Dec

Dec

97

73%

25 y4 May

51

97Y4

64%

common

Co

Chain

*95Y4

49Y4

preferred

7%

96%

corn—No par

American Car & Fdry
American

96%

46%

preferred

7%

97%

27%

Corp

Cable
Can

*95%

49%

20

American

97%

63%

preferred

1

6% May

17,700

46%

InLerest in common

Ctfs of

16 Ys Jun

900

48

100

Co

1952

Inc

Theatres

15% Mar 19

11
11

99

47%

49%

convertible preferred
Broadcasting-Paramount

Feb

♦96

48 Ya

46 %

No par

15

39

96%

47 Ys

63 %

Amer Brake Shoe Co com

13% Sep

39Ya

93

48%

49%

5%%— 50

4%

39

93

48

46%

ser

20

39%

93

47%

62%

pfd

Bosch

preferred

39%

92%

47%

49%

preferred

2nd

39%

91%

47%

46%

Bunk Note common

American

Amer

12% Sep

Bakeries

4,700

39%

91%

63%

common

conv

391/4

39 %

49%

preferred

cum

2,100

46%

Chemical—No par

Airlines

American

283%

63%

Sugar Co (The)
1
Petroleum Corp
No par

American

28 3%

♦95 %

Amalgamated

conv

28'A

1

Amalgamated Leather Co com
6% convertible preferred

Apr

28

47%

100

America

74

29

600

273/4

27

No par

Limited

3

41% Apr
1% Dec 29

of

800

12,700

18%

No par

Aluminum

*235

18% Jan

preferred

Alpha Portland Cement—

10

16% Jun

10% Dec

65

43

convertible

9%
753%

"

38%

20

common

Dec

23
21

93% Aug 20

5

3y4%

2

Mfg

96i%

18%

*

•89%

100

prelerred

May 25

26 % Sep

16% May

4%

Alll8-Chalmers

62

Sep~19

3% Jan
35

8

Nov

59% Jan
118% Jan

•93%

9,400

99

96%

♦94

♦963%

18%

26%

26%

,

60

82

32%

31Ys

99

18%

26%

No par

74

.

*81 Ya

1

9%

18%

18%

500

753/s

18%

18%

150

150

9%

18%

•

37,500

753/s

75%
18%

9

70

4

*9%

9%

74%

74

7,200

33%

32%

*963/4

2,000

74

74%

9%

74%

27

9

73%

Co

62 y4

42% Apr
C7%

14

1

No par

Dye

81%

313/4

96

gtd

Inc

152%

81%

32%

96

Dec

Apr 17
July 17
46% Apr 17
96% May
1

82

31

8%

17

Allegheny & West Ry 6%

158

♦73%

37/s

152%

156

*81

31 %

3Y4

3%

•153

81

30%

•155%

8,000
300

106'%
2 »/4

♦93%

Chemical

90

154%

10
,

23'/a

74

•73%

74

9

Industries

Allied

,

154%
81

158

106

♦2%

96

Allen

2

Aug 28

3Y4

31%

107

223%

•93%

8
3

18

3%

6,500

243%

2%

100

May

10% Mar

&

3%

5,800

50%

24%

*106%

99

76% Jan

98

3%
81

*49'%

24 Ya

22Y4

♦96 3/4

18
6

♦73%

30%

8%
50%

2%

99

15

23

72%

♦79%

7Ys
24%

22%

*96%

Sep

Dec

723/4

154

8'/a

2%

99

87% Sep
8% Oct

Nov 25

10

72%

2%
22

♦96%

62

98

2%
21%

No par

78% Aug 11
21% Jan
8

2

Apr 30
7

8

67% May

2%
21%

154

8

♦1553/4

•

500

20%

*49%
••

1,200

62

20

22%

2%
22%

2%

preferred
100
Alleghany Corp common
1
B%%
preferred A
100
$4 prior preferred conv
No par
Alleghany Ludlum Steel Corp
1
•4.375 cum preferred

8%

24%

♦61

20%

20%

50%

24%

22

5

common

4Y«%

4

78

31% Oct

Mar 11

8%
*49%

8%

62

♦61

No par

Equipment com

preferred

Air Reduction

17

160

34,200

28

69% Jan

101

63%

30

32% Jan

$3

800

10,400

OYs

63/4

10Ys

21%

16

10% Mar

5,100

107

10Y4

11

65/s

6%

107

1

Jan

Jan

107/s

11

Shares

45%

45

45%
108

No par

:

2% Jan
70

44%
*107

Co

18% Oct 29

155

45%
108

the Week

Friday
Jan.22

Corp

Express

Adams-MUlis

pfd 1951 series
Alabama & Vicksburg Ry
Alaska Juneau Gold Mining

130

44%
*107

31

11

115% Dec

45%
109

Jun

May 21
29% Dec 22

1

10%

45%
*107

Sales for

Thursday
Jan. 21

18% Dec

61

May

24

45%

46%

PRICES

Jan. 26

107%

108

SALE

Wednesday

9

Sep 24

9% Jan

7% July 17
Jan 18

48

48

Steel

HIGH

Jan. 19

8

Corp

Motors

ACF-Brlll

Tuesday

Jan.18

100
1

4preferred

30% Sep

Dec

Monday
Par

Abbott Laboratories

6

29

24% Nov 26

20

LOW AND

STOCK

EXCHANGE

Highest

89% Sep 22

10
Jan 24

64% Jan

6

Oct

108

YORK

NEW

Range for Year 1953

Year 1958

Lowest

FOR EVERY LISTED ISSUE

•343%
46

103%
35

3,500

46'%

6,500
400

Q

Q

3%

3%

200

35%

357/a

5,100

15

16

The Commercial and Financial Chronicle.

..

(404)

NEW YORK STOCK RECORD

15% Oct

12% Mar

16

Sep

14

23% Mar 27

Argo Oil

31
5

42% Dec

1

35% May

22

27% Jan

7

30% Sep

14

43% Jan

Arraco

8% Sep

15
15

12% Mar 26

8% Oct

22

77 % Oct

22
10

196

46 % Nov

57

Jan

28

48% Feb

92% Jan

3

99

Apr

1

89% Sep

116% Jan 22

102% Sep

107% Nov

3

16% Jan

22

7% Oct

24

25% May

77

Sep

21

19% Jan

5% Dec

30

10% Mar 26

Artloom

31

25% Sep

Arvin

11% Sep

14
15

32% Jan

23% Mar 25

Dec

14

29

18% Sep

15

22% Mar 11

32% Dec

22

22

Aug 18

27% Dec

29

31

I8Y4 Feb

20

22% July 25

01

Feb

28

101

Dec

16

89 % Sep

91

Jan

2

98

Jan

23

92% July

6

Oil

51% Jan

4

58

21% Jan

7

27

Jun
Dec

97 %

Nov;

Aug 26^

94

75% Jan

Sep

123% Dec

9

15

86

15
13

104% Dec

27

88% July

Nov

14

2

*93% Jan

1

26 % May

4

5

4% Dec

3

»

15

Dec

3

13% Jan

9

30

4 % Dec

22

35% Jan

90%

90%

90%

*8974

90%

90%

91

1,600

5774

5774

58

57%

58

5,300

96

9574

9574

96

96

90

26

57:%

57%

57%

9574

*95%

114%

114%

*163a

17

*57b

5%

5%

14

25%

26%

6

5%

116

114%

17

115

17

*16%

*1674

6

110

11574

1,950

17

19 %

19%

96%
*973>4

-96%

98%

>98

31%

32 ',4

>31%

95%

96 %

96

56

56

55 3

6 %

6%

26 %

26%

26%

26%

26%

26%

13%

14%

13%

14

13%

14

26'%

25%

97%

19

115%

*16%

26 %

-

14

13%

115

14%

*26

2638

*26
Z

*89

573«
9574

96
96
11474'
114
17
*1674

257«

26

25%

253/4

2574

2574

2,200

19%

19%

19 %

19%

19%

4,800

96%

96%

1974

19%

98

T

*96%

6

6

98

98%

98%

98%

32

3174

31%

3174

9674

9674

9774

56 Vo

56

56

3174

3174

96%

98 %

*98

1,400
400

37,400

96'%

120

98%

>98

50

32

32

32

9774

9774

91 Vo

99

8,800

5574

56

56 Vo

56 34

2,400
9,200

2,200
I

I

4
'

3074

31

307a
96

96

90

No par

90 Vo

31'/a

*94

9574

90

9174

*94

31%

"31%

9574

9074

9074

3174

3174

9574

9574

9574

30

9074

*94

9174

90

91%

4,000

V

Lines— /

SS

*56%

56 %

58 %

56%

297a

2974

29%

96 7'2

96%

97

29

29

29

*56%

303a

96%

100

series B

29%

5

:

58

*56%

%

30%

30

97'A

97%

29

•'

29

*56%

59%

300

30'A

3074

23,700

*97'/a

59'A

9774

610

29%

4,100
2,000

30%

3u 7a

97

97
29

29%

"

;

*

29

20

37%

37%

37%

3774

37%

37%

37%

37%

xl06'A

106 %

105'%

107%

*105%

106%

106%

106%

105 %

10574

*16%

17%

*1674

17%

*1674

17%

*16%

17%

1674

1674

100

*4 7/b

5 7'a

*4%

5 74

574

574

5%

5 74

*5 Vo

574

300

(voting)
Corp

Nichols

No par
No par

;

common.;

15%

*16'/2

16%

conv

5'/8

38

15

1674

17 74

5 %

5

3974

5

*3874

38

15

16%

1674

5

(The) common
3
preferred—;
-No par

37

37

130

•'

15

*1434

Co of Amfer—_5

Canteen

'15

Avco Mfg Corp
$2.25

*

($1.20)—No par

prlof pref

Automatic

'6

26

91

57 %

9%

convertible phi series A™ 100

Conv

8% Feb

29

18,400

distribution—

$3.75

Tack

Alias

Austin

9

52% Feb

36% Dec

97a

Refilling common———10

Common

17% Mar
:

4% Dec 18

9%

9%

Powder—

-•4%

°

7

7% Mar

9%

50

RR

Atlas Corp

16% Mar 13

17

8% Nov 21
50% Nov 14

42% Jun 26

Jan

27

3

NOV.

15% Jan

17

6% Jun

2

36% Mar 27

15
28

Mar

9%

--50
—

W

&

liquidating

Preferred

108% Mar 18

16% Dec

17

12% Apr

Ex

Atlantic

2

24

31% Apr

3

:

31

16

14% May

Gulf

22

94% July 16

44% Jan 30
117% Jan 30

2

974

—

Atlas

30

5% Oct

16

7% Dec 23

31% Sep
102% Oct
24% Feb

28% Jun

9%

1

*

Line

Coast

16

Jan

99

9%

City Electric Co**---.—10
preferred —i.
-100

-4%

30% Feb

1

3,100
14,000

9'%

00

———

Atlantic

33% Jan

89% July

100% Jun 24
30% Jan 26

18%
36'%

Atlantic

2

58% Dec

19

25% Sep

8

36% May

—_

Atlantic

23

1874
36 %

Topeka & San La Fe—

Preferred

97% Mar 25

119% Jan

1874

36%

series—No par

preferred™

Common

5

13

30% Nov 30

18
8
29

25% Feb

49"
31

23

83 % Dec

1

6

Jan

57% Jan

103

Sep 14

50% Jun

18%
36'/a

6% 2nd preferred
_
.—
—100
Associates Investment Co..—L.—10

Mar 25

Atchison

73% Feb

1874
36 %

1

Goods Corp—

Dry

1st

5.25%

22

Jan

18 %
36

2.50

Common

99% Apr 22
32

18%
36 %

No par

Inc

Refining Co

&

2nd preferred $1.50

Mar 27

100

3
2

25

1838
35%

5

com

Co Inc

Carpet

Associated

25% Sep

Illinois

of

Industries

Ashland

18% Mar 25

Shares

18%

preferred
No par
-No par
preferred
No par
$4 convertible preferred—No par
Arnold Constable Corp
—5

2

the Week

Friday
Jan.22

36

$6 conv prior

117,% Dec 23

23

Jan. 21

18%

$3.75

7

Jan

97

Sales for

Thursday

35-%

Armstrong Cork Co com

59% Dec 29

PRICES

Jan. 20

5

Corp

Co

&

SALE

Wednesday

Jan. Jf)

1(J

Corp

Steel

Armour

Mar 25

93

9
24

16 % May

31
9% Dec 19
Dec

19

6

16% Oct

Mar 13

5

HIGH

Tuesday

Jan. IK

Par

EXCHANGE

Highest

Lowest

AND

Monday

STOCK

YORK

NEW

Range for Year 1953

Highest

Lowest

Continued—Page 2
LOW

STOCKS

Rante for Previous
Year 1952 " "l

Monday, January 25, 195.4

39

*15
17 '/a

39

17%

3974

15%

1774

5 Vo

5

5%

*15

15%

5

2,300

5%

'-*387a

397a

100

1774

22,600'

3974

300

B
9% Jan

6% Dec

22

31% Oct

16

Dec

10

8% Oct

6

11% Jan

22

17% Feb

20
20

29% Dec

23

39%

29

48% Mar 25

Dec

29

22% Mar 17

67

Jun

Oct

16

54% Dec

10

38

Sep

15% Dec

22

Jan

10

19%

19%

20%

20%

41

41 %

41%

*16%

17

17

17

69

69

683/4

69

47%

49%

49

10

13%

48
13%

13%

13'%

13

-—50
10
-No par

*37%
22%
11%

38
22%
11%.

*37%

12.50

42%

42%

29

173/4 Mar 12

15

39% Feb

Jan

23

37 % Sep

23

24% Dec

22

21

11% Dec

5

33% Apr

16
16

40

Dec

22

18
14
34% May 20

107

Dec

31

93

Jun

,

Bath

11% Feb

9 % Sep

27
4

v

14% Dec

28

Dec

21

14

4%%
Beaunit

Beck Shoe

Mills

78% Feb

14

87

12

17

16

Oct

7

9

16% Mar 20

Beech

Jan

12

17

31

May 19

33% Jan

Beech

Creek

25% Oct

20

31% Jan

14

27

Feb

10% May 16

15% Jan

19

10% Dec

30 V2 May 26
14
Mar 16

30

78

15

Oct

1

22

90

May 21

93

50

28

23

Dec

9

18'A Oct

27

28

Feb

28

16

*91% Feb

13

94

45% Apr

24

64

May 22
Dec 22

29% Jan

14

38
_l

Jan

19

Oct

26% Feb

474%

(A S)

16

223/4

22%

22%

22%

22%

2274

3,500

11%

1174

11%

11%

117a

1174

1174

13,000

43

43'%

43%

44

4474

443%

44

443 4

2,600

118%

118%

10074

10074

14%

14%

14%

14%

*14%

13

1474

1474

100

*80%

82%

*114'%

*81

82%

10

10

33

33

33

*30

10%
34 74

35

3074

2974

3074

19%

19%

1974

20

20

100

90%

91%

*91

93

5

61%

62%

62 %

62 3%

62%

6274

39%
117
1

39%

3974

39%

3974

common

20

1074

34

*19%

20%

30%

30'%

1

Dec

106% Dec 11
29% Jan

22

36% Dec

15

4%%

preferred'

Bendix

393/4 Dec

Benellcial

Jun

17

Dec

30

% Dec

30

l3/4 Jan

7

Benguet

Consol

22% Nov 25

273/a Jan

5

Best

Co-

37% Jan

20

Tlest

573/4 Jan

6

Bethlehem Steel

(Del) com—No par

51%

52%

5174

53 %

5274

7,000
120

1,400

11

1074

11

243%

2474

2474

4,400

20

20

20

1,500

*91

93

*91

93

63

64

63%

6374

9,400

39%

•

40

3974

40 3 a

5,700

11

-

24 74

1974

5374

1463/, Dec 16

preferred
Blgelow-Sanlord

100
Carpet (Del) coin.5

145%
10
667s
37%

145%
10%

145%

145%

146%

146%

93

30

V. .Oct

112

5

Cum

—_

1940_Nopur

39 V*
*111

Mining Co—1 peso

18

Loan

Corp common—10

pTd $3.25 ser of

&

—

Foods

38 % Aug 26

Black

15% Sep

14

22% Mar 17

Blaw-Knox

12% Sep

15
15
15

213/4 Jan

5

Bliss

15

Bliss

&

17

Blockson

July 13

50% Dec

21

Boeing

44% Sep

15

135% Jun

19

9"% Dec

31

Oct

8

7
14

Jan

Jan

15

82 % Jan

13

16

1;'

—

7%

'

63

15% Mar 15

22% Dec

18

18% Apr

14

23

Dec

11

19% Sep

22% Oct

27

25% Nov 18

22% Sep

31% May 16

41% Dec 23

36 %

17

27

4%%

pfd series of 1951
Decker

&

Mfg Co
(Delaware)

Co

500

18%

32%

*112

1

*25

3274

32'%

115

115

117

tt

2574

H

1

*25%

25%

32%

3274

5274
147

*115

1

120

13

25%

2574

32%

220

1

20,900

2574

1,200

327a

2,200

53 3/4

5274

53%

39,300

147'%

14774

14774

3274

1,300

10'%

1074

1054

10 3%

11

67

67

67

67

67

3774

3774

3774

3774

3774

3774

37%

37%

1,800

18%

1874

18%

1874

1874

1874

18%

18%

5,100

11,300

10

*66

1074
*67

11

17,400

68

160

15%

16%

1574

16 Vo

16

16%

247s
29%

'*24'%

2474

24%

24%

24%

24%

24%

2474

29

2974

29%

2974

29%

29%

2974

2974

49%

49%

49%

50

49%

50 Vo

493%

5074

5074

5174

Brass Corp—r..5

20%

21%

2074

21%

21

2174

21

2174

21%

21%

-No par

*23%

24%

24

24%

24%

24%

24%

24%

23 3/4

2374

No par

Airplane

8%

8

774

774

520

1

*77/a
13%

13%

1374

1374

1374

1374

1374

137/4

1374

1374

5,700

Inc.—1.25

1174

ll7/a

1174

1174

*1174

1174

1174

1174

1174

1174

2,400

15

60%

60%

59%

59%

76%

77%

25

Jun

30

16 % Sep

29% Jan

2

21 % Jan

2

29% Mar 18

11% Jan 25

6% Dec

14

12 % Mar 12

12% Nov

6

16 % July

1

12% Sep

15

143/4 Aug 13

Bond

9% May 17

11% Mar

6

11

Jan

13

12

Book-of-Lhe-Monlh

14

613/4 Dec

&

Alumlum

7.50

Co—

—5

90.—

29

Bolin

67
38
187/s

112

15
25%

29

15

Bon

32%

112

40

*24%

29

3

32%

1
2.50

—

Chemical

6% Oct

23% Mar

No par
—10

Lauglllln Ipc

21% Dec

15

100

25%

25

1

,

(B W).Co

Dec

28% Dec

55% Dec 31
146% Aug 26
18% Jan

93

68 % Mar 20

17

7

Aviation

*91

14

1

1% Mar

12

Jan

Sep

33% Jun

31% Apr 30

Ami Co class

A

1574

1574

1574

163%

300

8,100
r

34,100

1,400
-

.150

'

49% Jan

3

9

54% Aug 28
82
Dec 15

52% Jan

61% Jan

89% Jan

8

95% Apr 23

86% Jun

15

48 % Nov

18

64% Sep 15

86

Mar

3

16

Mar 25

Class B

Borden

Inc

Co

50

Dec

11

.

Club

(The).

Borg-Warner Corp common_i
Boston

Edison
a1

Co_

59%

76

76%

76%

93%

*93'%

50%

100
25

,

8

93%

5

preferred

3%%

94% Jan ^ 12

,

Stores

Boston

50%

50'%

21

5% Dec

31

13% Mar 19

21

26% Dec

31

46% Mar

9

Dec

1

25

Sep

21

33

2

Bower

14% JAn

25

5% Dec

31

11% Jan

7

BraniH

7

22% Dec

2

19% Sep

15

25% Mar 10

Jan

18

38% Dec

12

42% Feb

24

37

28
Sep
33% Sep

22

30% Apr

21

39% Aug 17

Bridgeport Brass Co
:5
Briggs Manufacturing Corp__Nopar
Briggs & Stratton
No par

4

17% Sep 21

26% Jan 20

Bristol-Myers Co common

—2.50

22%

22%

99% Feb

33/4% preferred
Brooklyn Union Gas com

100
No par

*94%
27%

96%
2774

*95

40

5474

54%

*54%

1

15

12%
*60%

2

35

9% Nov 17

Nov 21

10

35% Feb

Jan

9

103% Jun

4

91

24% Oct

21

27% Jun

5

22 % Jun

54% May 29

45% Jun

9

11% Sep

25

Jan

3

11% Oct

31

12% Feb

14

51% Jun

20

63% Dec

3

May 28
15

Mar

2

9

27% Jan 29
54% Dec 21

100

Common
5 %

Roller

5%

Bearing
Airways Inc

Brown

&

Brown

Shoe

5

inc

;

Oct

23

20% May 26

13% Nov

4

22% Mar 17

16

27% July 24

20% Sep

14

28% May 20

Bucyrus-Erle

13% Sep

15

15% Dec

12

10% Sep

15

16% Mar 25

Budd

81% May 29

72 % Dec

76% Jan

7

Feb

26

50

Aug

4

46

Sep

3

15

83 % Feb
'

59

Dec

$5

6
18

preferred
Forge

Dec~16

20

Dec

1

17% Jan

"2

31%

Nov" 16

3674

3 6 74

41

4074

4074

2234

2274

22%

2274

22%

2274

97

2734

*95

2774

2774

56

13

1274

60%

*5474

1274

6034

607%

1274
*60

3674

3674

13,700

40%

4074

3,300

22%

2274

97

*95

2774

2774

28

28

28%

56

5574

56

56

1274

1274

1274

13

61

60%

60%

*60

97

18,300
800

5,500

61

700

14%

143a

1434

1434

1474

1474

147a

*14%

23%

23%

23'%

2374

2374

2374

24 74

2374

24

11,200

1174

12

1174

12%

1174

12%

1174

12

11%

12

10,300

*75%

76'%

7674

76%

*76

6074

6074

6074

6074

60

3074

*2974

30%

iNo

74%

7474

60

61

*30

par

1

:

.

31

*30

*29%

7774

700

1474

*7674

7774

200

60

5974

5974

1,100

30

*29'A

30

28 74

3874
1174

82

82

*8174

83

81%

8L%

*81

83

73

*68%

73

*68%

73

*68%

73

1674

17

1674

12%

12%

13

*1274

1274

11974

119%

26
28

-

8,000

56

1274

*95

97

11%

Apr

Jan

7

Oct

6

15

8

116

Dec

16

146

39% Sep
2
14% Dec 31

35

Jan

9

11% Sep

30

83% Dec

4

79

14% Jan

17

5% Sep

15

12% Feb

3

16% Dec

29

27% Mar 20

40

Mar

4%
preferred
'3%% preferred

9

100

Bush Terminal Co

3

Bush

5%

16

Mar 16

26

4

102% Oct

30

109% Mar 10

4

16% Sep

15

24% Mar 12

Terminal
conv

Butler

Bros

10

7

2

California

1 % Dec

28

3% Mar

2

Callahan Zinc-Lead

6% Sep

15

9% Mar

2

Calumet

26

Packing

Dec

12

20% Sep

24

11% Jan

7

4

95

10
Sep
86% Oct

15

Dec

43% Jan

19

51

Sep

5

463/4 Jan

22

54% Nov 27

Canada

Xl6% May 26
31% Nov 17

20

Jan

11

17% Apr

24

22

Dec

24

Canadian

Breweries

40% Mar 31

21

29

34

Jan

5

Canadian

Pacific

56

43% Dec

3

16

54

Jan

5

Dec

29

13% Jan

29

23% Sep

14

30

16% Sep

14

19% May 25

May 27

._

Cannon

Capital

conv

Mills

(Philip)

12 34

1274

*1234

118%

11874

*

119 74

11974

38

3874

38'%

12%

1274

12%

1274

12%

81%

*80 %

817%

8%

87%

1874

1874

*10374

*80

10474

874
18

*12%

200

100

38%

140

1274

1274

1,000

81%

8%
18

1274
12274

*38

38%

82

874
18

,

874
18

40

3,500
1,600

*10374

10474

>10374

10474

104%

10474

60

18%

1874

18'A

18%

1874

1874

4,400

2334

23%

23%

2374

2374

2374

24

24

1%

174
8

21%

174

7%

21%

13

12 3

4

1274

9274

9274

21%

9274

17a

r

1%

174

174

3,200

8

8

8'A

11,900

21%

2174

21%

2134

1274

13

1274

13

9274

9274

93

93%

*93

54

'5274

54

53

53

*53

23%

23s4

2374

'23%

23

2374

23

23%

237a

4674

*46

4674

54

2,100

174
7%

8

r

2374

25

18 '

43,300

18

774

12%

874

8%
18%

280

1674

18

174

*92

*38

13,900

400
39,700

4

>118%

8174

*80

8

21%

1674

12%

774.
*2174

16%

38

*52%

-

'

*52%

1274

2174

600

13

11,900

94

480

54

50

23%

2374

2374

2374

2374

500

2374

23'A

237a

23'4

2374

31,800

46%

46

46

4534

4674

No par

4574

10%

10

10%

974

974

9,700

II™ 5

9%

Co__J_

28%

28%

28'.'2

29 74

29

29%

29

2974

29%

2974

5,400

L

10

18

18 34

18%

1874

187a

1874

1874

1874

183a

18 34

1,200

—

Inc

(The)

1674

—100

Ry.
1

Airlines

Ltd

1654

,_No par

Southern Ry Co

Carborundum

Carey

No par

preferred

2374

*68%

1 '/2

-_1
—5

No par
Campbell W & C Foundry
Canada Dry Ginger Ale com_ .1.65%

$4.25

2334

5

Corp

Inc

& Hecla

July 17

30

5

1

12%

81
81
8%
8%
17%" 18
10374 10374
1774
18

100

Byron Jackson Co

20% Oct

Jan

12%

Byers Co (AM) common
No par
7% participating preferred-i.__ 10o

2

13% Mar

*118% 119
38 " 38

15

preferred
;
Butte Copper & Zinc

17

102

50

4%%

22

29

10o

common

Jan

27% Jan

1

i

Bldg 1% pfdpreferred

prior

3% Jan

27% Jan

100

-

5

July 15

Dec

15% Feb
86

i

10% Jan




3674

407a

3874

Apr

26.

3674

40

27%

33

see page

367%

39

1174

118

18% Jan 30

3674

38%

8,500

27%

2

9

367/a

38%

1,300
4,200

2478

24

3874

Jan

For footnotes

24%

11%

12

%

2474

23%

Burroughs Corp

8

2474

2774

3

Apr
3
16% Jan 31

2474

*3874

30

Dec

24%

1174

Jan

x46% Nov 25
9% Oct 15

24%

28

17% Feb

7

24%-

2,700

774

3874

78

14

7%

11%

91% Jan

Jan

7%

2774

14

2

7%

38%

10

22% Jan

7%

1174

10

29

7%

38%

Jun

30

7'/a

277%

Jun

7% Apr

7'/a

11%

13% Sep

•

26'%'

7%

4,600

2774

2674

27%

74

24% May 16
1% Oct 28

2674

2674

*38'%

67

Apf

27%

26

11%
82%
73
167a

18

25 %

2674

2674

2734

14

Jan

7

674

2774

2674

38%

84

26

7

7

7'/a

2774

26'%

107a
82%
*68%
16%

92% Apr

108% Jan

7

2774

26%

26%

8

28

7%

27

38%

22

8% Nov 13

634

27%

26%

1

25

104% Apr 14
19% Nov 12

1,700

5

Dec

Aug 28

5074

*14%

new

Jan

12

5074

10

Co

16

1

20

5074

Bulova Watch Co Inc

76

11

5074

5074

Burlington Mills Corp common

Bullard

84% Jan

July

5074

2

3

129

50%

2

19% Jan

14% Dec 31

6,400

9374

43% Mar

40% Feb 14

7

7

6,500

7874

93%

17

7

14% Nov

Apr
18% Jan

5974

77

94

No par

-

Co

36% May

353/4 Jun 22
10% Dec 29

59

77 3/4

59%

36%

issued"

"When

*93%

5

Co

(The) Co common

Buffalo

8

94

24%

Brunswick-Balke-Collender—_No par

22% Oct

6%

6%

2.50

Bigelow
Co

*93%

26%
7%

5

Co

preferred

cum conv

I33/8 July 20

7774

8

27

100

preferred

66% Jan

59% July 14

60'%
94

77/4

8

RR—

Maine

14% Feb

13

8

*

47% Feb

10% Nov 13
39% Nov
25% Jan

16% Oct

1074

34

10

llowell Co

18% Nov 28

89

1074

34

1174

&

1,400

85

*82

10

2474

Bell

1474

974

/

30%

70
360

101

1474

85

*82

82 74

11774 H1774
0101

*3374

|

11%

39% Mar 12

.

8274

10 %

33

24%

% Mar 13

39

22%

11%

3

9

*3774

200

11%

2 4'/a

20

19% Oct

38

*37%

38

400

2234

101

Corp

NOV

78% Jan

1,400

24%

Aircraft

15% Oct

11% May

1274

11%

84

16%

1274

24

2

41

13

11%

16

17

13

30%

12% Oct

x50

13%

30

76% Sep

95

3,200

"11
24

3

x23% Nov

49

1
1

1
29

33

48 3 4

10

29% Mar

15% Apr

48 74

:

46% May

Oct

48%

'

139% Apr

32

4974

*3774

69 74

115

9%

2,300

*6974

10074

1

33,900

69

115

50

2034

41V*

69

Beech-Nut Packing Co

bell

1974
41%

17

100%

pfd—

26,400

*1674

116

RR

15,800

9

17

Belding-Hemlnwuy

2

4134

1,900

46 3 a

*

1% Nov 14
25

5

29

17% Sep

14% Apr

87

.

29

20%

41%

100%

Aircraft Corp

33% Jun

Apr

1974
*16%

100%

115

*113

5%

874

2.50

Inc

4
Sep 30

22% Jan

38

5

4574

100%

preferred__100
100

conv
prior
preferred

'3%%

8

86% May

Sep

Beatrice Foods Co common

9

22% Mar

Corp

Cigars Inc-

9

Dec'

100

Works

Iron

7

112% Dec

5

preferred

Bayuk

423/4 Dec

90% July 28

Brothers common

'4%%

18

253/a Mar 19

18% Sep

-

5

4574
9 74

9

2074

40%

17
69%

11% Dec

9% Feb

474
4474

9 74

40%

Barber Oil Corp

20 % May

5
45

9%

19%

59 34 Apr

Barker

*474
44%

9%

4074

14

7

5
45

9

*16%
*68%
47%

preferred—100

76% Mar 17

9

,

*474
44 %

50
100
10

Ohio'-common——-100

&

noncuiuulative

'4%

Corp—__13

Bangor &c Aroostook common
*
Convertible 5% preferred

"

l6%6ct~22

9%

Baltimore

29

Dec

16

24

94% Apr

5
44%

8%

30% Mar 19

18% Dec
39

Nov

,g*

4%
43%

Baldwin-Llma-Hamlllon

73

7

Co

11% Mar 26

11

May

—1

(The)-Nopar

—

Wilcox

45% Dec 21

23

36

&

inc

14

Apr

42

(T)

14

65% Jan

18

Babbitt,

Babcock

16

Jan

Sep

8

49 % Nov 13
23% Jun 26

36% Feb

7

10

Mfg Co

.

*46

9%

974

974

500

Volume 179

Number 5293

...

The Commercial and Financial Chronicle

(405)

NEW YORK STOCK RECORD
Lowest

Highest

104% Jan

9

NEW

Range for Year 1953

Year l'J52

Lowest

116

3

Aug

103 J/4

STOCK

YORK

Carolina Clinclilield

113 V2 Mar 19

July 20

LOW

Carolina

Power

&•

20

41 J/2 Dec

10,

"X34 J/2 Jan

10

45

Dec

9

30

53 'A Jan

28(

P9 '/a Sep

14

49

Jan

16

& Ohio

Ry_10Q

14,

Carrier

§4%

4V

23

10% Feb

20

14% Dec

3

Oct

21

30% Apr

18

22

Nov

36% Dec

3

Sep

16

143

21

96 % Jun

23

18% Dec

2

99 % Jan

3

104:,A Aug

4 5 J/2

24

Jan

9

' 2

Feb

24

105

33% Oct

30

5 J % Jan

2

29

38% Jan

131% Dec

5

150% Feb

26

D-c

24

133 V* Jan

94% Nov

6

110% Jan

2

65% Dec

24

15% Oct

24

19 % Jan

2

15% Sep

2

Oct

15

17 % Jan

16

104

7%

4174

41 %

42 %

42 %

98

'-

2

15% Oct

30

16% Mar 4 8

193a Feb

19

20% July 27

14

4% Sep

15

7% Feb

26

Central

8

26% Dec

31

40V2 Jan

22

Central

of

8

59 J/4 Sep

15

73 % Jan

30

r' '

41

42%

42

50

41 %

41%

1,200

41%

413/4

400

503/4

12,800

41%
42

%

50%

50%

50%

51

50%.

51

50

13%

13 %

13%

13'4

13%

133/8

133/a

13%

13%

16%

16

16%

16%

17%

17

17 %

17

17

120%

121

*121

125

120

49%

Co

50%

*102%

103%

19%

121

49%

*121

50%

*103

125

49%

103%

*121

50

*103

125

49%

103%

49%

50%

*103

100

5,800

49%
103 %

*103

303%

700

17,300

20%

19%

20%

*110

111%

110%

110%

70

70%

70%

70%

70%

70%

70%

71

70%

71

17

17%

17

17%

18

18%

18 %

18%

18 %

18%

10,300
j

*16%

16%

4116%

*20

20%

*20

19%

20%

112

19%

20

19%

112

114

27,200

20%

70

114

114

114

3,300
600

16%

15%

16

16

16

20 %

20

20

20%

20%

400

5%

5%

5%

5%

53/8

53/8

1,200

30%

30%

31%

31

31%

30%

30%

303A

31%

4,200

69

68 ViS

69%

68%

68%

G83/B

69

69

70%

12%

12%

12%

12%

12%

12%

12%

12%

123A

4,100

39%

39%

38%

39%

39

39%

39

393/8

3,600

106%

105%

105%

106 %

30%

100

68%

No par

16%
20%

5%

5%

No par

16%
20%

5%

39 %

1

12%
39

5%;.

£

17% Jan

7

35% Dec

47% Jan

17

68 J/2 Dec

10% Jan

29

13

Dec

22

36

Apr

24

40% Aug

18

104

Jan

6

110% Oct

2

19% Oct

29

21% Nov

25

15% Feb

5

24% Oct

9

Feb

9

11 »/4

13

July 14
16

97

Jun

12

173/4 Jun

24

20% Mar

14 J/2

14

28% Feb

110

Georgia

Ry

preferred series B

Central

42% Mar 25

35% Jun

Sep

'■57«

Central Hudson Gas &i Elec

Mar 27

j

Illinois

Light common

2

Central

Illinois Public Service

10

20

20%

20%

20 %

20%

20%

20%

203/B

20'A

20%

3,100

24

Central

RR Co of N J class A

50

*16

16%

16%

17%

17

17%

16%

16%

16 S/8

17%

2,600

preferred

20

24% Oct

28% Feb

25

Class

1

10

23% Dec

.10

Central

&

2J

Feb

6

10 % Dec

30

17% Mar 16

Central

100

B

20% Dec

14'A Sep
18% Jun

14

17
31'

Viotela

U

Apr

3

10

Jan

29

6% Dec

16

9% Mar 12

Dec

9

58 7a Feb

8

19% Oct

13

38% Jan "5

-13% Oct

23

16% Apr

1

11'/2 Sep

14

15% Mar 20

33 % Oct

28

42

8

30

15

37

Sep

Feb

West

tie

Cerro

Chain

3

Belt

107

*106%

50

16%

16%

16%

17

17

17%

*16%

17%

17%

17%

800

5

23%

23%

23%

23%

23%

23%

23%

23%

23%

23%

7,600

10%

10%

*10%

11%

10%

11%

11%

11%

103/4

103/4

Corp
Co

No par

7

7%

800

22%

7,100

14

133/4

13%

13,600

Co

34%

33%

333/4

1,100

*7%

7%

22%

21%

22

21%

21%

21 3/8

213/a

1

Corp

*7%

21%
13%

13%

13%

14%

13'%

14

13%

33%

33%

34

34%

*33%

34%

34 %

33%

33%

7%

500

*7%
21%

7%

5

Corp—

Products

40

107

*106%

107

10

Pasco

Certain-Teed

*105%

9.50

-

South

Sugar
Century Ribbon Mills

*34

Feb

2,900

4 % %

15% Dec

-

*

6

Jail

16% Apr

15

41%

*42

50%

Amer com__No par

Foundry

42 %

1083/4

16%

conv

28

9% Feb

41%

41%

*42

Shares

108 3/4

109%

*1083%

49%

100

293/4 Mar 12

19% July 30
Oct 23
6

108%

"13%

preferred-'100
preferred series A_100
Celotex Corp common
No par
57o
preferred _.r.
20
Central
Aguirre Sugar Co
5

19% Mar 25

41%

108%

Saies for

the Week

10

2nd

!%

4 %%

5

109

'

^
Friday

L_1

Corp

4.207c*:

Celanese Corp of

6

*

Jan

109

^

Jan. 22

12.50

common

100
common——10

Preleired

Jan. 21

No par

Tractor

Caterpillar

*1 '

Thursday

109 %

Co common

preferred

''

PRICES

Jan. 20

5

General

&

H

(J

Case
'

65% Jail

Sep

7

i 47'/» Jan

' 5

Jan

Corp

Carriers

14% Mar 27

25

111 'A Dec

154% Aug 21
66
Dec 31

142

48% Dec

2

Jan

12'/a Sep 24
14 J/2

SALE

Wednesday

Jan. 19

15108%

Carpenter Steel Co

21% Jan

HIGH

Tuesday

Jan. 18

Par

Light

Feb

AND

Monday

EXCHANGE

Highest

39% Ov-c

34

Continued—Page 3

STOCKS

Range for Previous

7

7%
-

I

Champion Paper & Fibre Co—
22% May

30

1

Jan

98

18

16

92!A Jun

22

4% Sep

15

25'A Dec

31

32% Sep

15

4 1 %

8% Jan
34'% Jail

26

103% Ja

3!)% Dec

10

4

88

Dec

23

80

Jun

3

20

23% Dec

23

12

Sep

15

27

15% Feb

20

Jun

18% Feb

21

20

21 % July

28% Dec

17

34 % Dec

-1

18'% Dec

17

28

10% Dec

18

Oct

7

2

3'/t%

13

24

27

51 % Dec

2

Jan

20% Apr
42% Dec

16

32% Feb

20

15

26

10% Dec

30

30% Dec

30

45% Apr

24

56% July 23

41% Oct

6

28

75

59

Aug 31

49% Jan

»

59

Oct

7 6 % May

81% Jan

95

11

Nov

89% Jun

3

6

"

95

25

18

12% Feb

6

7% Oct

13

9 % Jan

Oct

27

18

8

10% Sep

22

2% Oct

30

=

4% Mar 12

1% Dec

18

353/8

25,900

*84%

87%

1,500

17

-

16aA

17%

24

24%

24%

24%

24%

24%

24

24%

24%

243/a

1,300

19%

19%

19%

19%

19%

19%

19%

19%

19%

19%

12,800

19%

*19%

19%

St

Paul

A

Pac

&

Western

29

14%

14%

.15%

6%

6 3%

6%

63/4

Nov

J4

5

25

13

Dec

29

39'

12
'

29

68'% Feb

27

98

Dec

30

58% Dec

17% Jun

19

94% Jan

2

103

Dec

2

91% Jun

25

89% Oct

8

11 Vs

11%

11%

11%

11%

113/4

11%

11%

45%

45%

45%

45%

453/4

45%

45%

46

11%

11%

11%

11 %

11%

Jan

102

21

28% Jan

4

92

31%

32

31%

31%

3,400

par

48%

47%

48

473/4

47-3/4

1,900

preference—No

par

63%

63%

*62%

66

*63

66

62%

64

*62;
64 %

convertible

Co

63%

2

14% Jan

9

8%

*8%

13%

*12%

13%

*123/4

133/8

2%

2%

2%

2%

2%

23/4

2%

23/4

23/4

3

Corp

5

City Products Corp.—

28

17

Aug

3

City

July

2

Sep

10

72% Dec

28

83 % Feb

31

Oct

5

44% Jan

0

172

Feb

10

90

47% Jun

16

54 % Nov.. 24

7

155

Apr

4

152

5

•

80

Dec

29

80

Nov

30

Mar 24

Feb

July 14

Investing

Co

common

—

Clark

Equipment

5%

5,000

9%

9%

93/4

9%

13,400

*22%

60

59%

20

24

23

23

60%

593/4

60%

21%

24

59%

21

21%

99%

99%

99%

51 %

52%

29%

30

20,800

83%

20,400

10%

1,500

60%

21%

21%

21%

21%

21%

98%

99

99

99

99

*98%

49%

49%

49%

49%

50

50%

50 %

51%

29%

29%

30

29%

30%

29%

30

78,200

82%

82

106

*102

82%

83%

*10

106*"

83%

10 %

*102

10%

10%

5

10%
"

10%

10%
"

83%

10%,
105

*100

!l

823/4
103/e

5,700
420

4,500

10

105

*100

28%

28%

28%

29%

29

29%

29%

293/4

29%

293/4

4,600

—5

15%

15%

*15%

15%

15%

15%

153/4

153/4

153/8

15%

1,300

*75

100

1

33%

-20

new—_

76%

76%
33%

34

76%
34

76%
34%

77%

77%

100

180

*165

180

*165

180

preferred-*- 100

"85

90

*85

90

*85

77%

34%.

34%

*165

34%

34%

1,600

35%

180

*165

180

*85

■

300

76

75

*165

90

*85

90

90

Ry Co com

noncumulatlve

823/4

83%
102"

102"

21

No par

Co

C C C & St Louis
<

9%

*22%

59%

29 %

100

preferred

Stores Co common
4%% convertible preferred

9

22

9%

24"

60%

98%

.10

33% Mar

90

10%

10

*23

24

8 3/4

9

59%

No par

Service Co_.

15

14% Dec

10%

10

*23

Milling Machine Co— JO

26 'A Dec

City

200

3/4

*8%
*12%

100

l

48% Dec

12

Cities

V5%%

8

8%
13%

Electric—

&,

6

Jan<12

94

95

1,200

*8%

21%

Gas

Financial

T

*93%

9,500

*12%

25

10

74% Jan

140

95% Jan

1

C

95

100

65%
94

8%

25

preferred

Co

preferred

Cincinnati

95

64%

64

13%

Common f

2

65%

1

Chrysler Corp

4".<>

64

66

8%

25

convertible

95

*62

66

*12%

common

Copper

64%

94%

95

95

.,

10

15

14

9,300

32%

5%

Dec

102

6,500

11%

48

Jun

95

11%

32 %

Chile

18

14% May 12
7
79% Nov
40% Dec

Oct

33% July

30% Dec

11%

11%

32%

9% Sep

28
30

114

55

16

14,100

11%

48

70% Oct

Jan

14% Dec

22

Jan

9

22

1,600

32

Jan

35% Jail

4

6%

6%

6%

47%

22% Dec

24% Jun

37 % Dec

4

1,500

32%

Cincinnati

31% Jun

1,900

15

47%'

Cliilds

Jan

102

*6%

20

28%

*14%

15

45%

11

—No par

preferred series. A

Chickaslia Cotton Oil

96% Jan

22

6%

6%

3,100

20

283/4

*14%

28%

19%

283A

15%

32%

13% Feb

6% Oct

Mar 12

13

48% Jan

19%

283/4

15

11

'

10

20

28%

29

45%

100

coin

19%

28%

14%

No par

i>fd

noneuin

19%

28%

5,500

Chicugo Rock Isl & Pac RR__No par
5% conv preferred series A_—100
Chicago Yellow Cab—
No par

3% Feb

29% Nov

35

85%

88

*84%

88

47 %

$3

14% Feb

Jan

35%

35%

35%

Chicago Pneumatic Tool com_No

27

Jan

8% Sep
13

200

100

82 % Mar 19

23

(The)

North

5%

Aug
6
62% Mar 19

61 % Apr

27%

17

No par

scries

Chic

44 %

72% Dec

Corp

Milw

5%

21% May 21

30

July 25

A

Class B

Chic

27%

85%

preferred
50
Chicago Ind & Louisville Ry cl A_25

13

27%

34%

5%

51% Jan

*27%

17

Chicago Great Wcslern Ry com—50

22% Jan

34%

273A

*27

87%

6

15

34%

1,500

343A

27

5%

16%

5

29

27

5%

16%

21

Dec

60

102

*1013A

•5%

16%

Jan

6

800

34%

*33%

33%
102

5%

16%

26% Jan

Jan

101%

53/a

5%

16

343/4

34% Jan
10 *

33%

r 102

*84 %

27%

*84%

100

6

31

102

5%

*5

_1

preferred

7

14

333%
102

5%

40

convertible

Class

40% Sep

23

5

Chicago

Sep

10

Mar 19

15*

Virginia

of

Chicago & East 111 RR com—No par

'

18% Oct
*39 % Feb

Corp

<

*27

Chesapeake & Ohio Ry common—25

27

5'A Dec

.

33%
100%

Fei)

18

12

33%
100%

5%

21% Mar 24

Oct

17

1

12% Mar

33%
100 %

Chesapeake

26% Mar 17

16

27 '/o Oct

>2

20

28% Apr

•

No par
1.25

,

preferred
i
Manufacturing

Cab

4

23 % Mar

Aug 31

17% Jun

7

$4.5t)
Checker

85% Oct

2

16% Feb

22% July 22

Common

30

u

7% Mar 27

81% Jut)

33% Jail

3

31% Feb

23

17

May 17

28

34% Dec

26J/2 Jun

21

July 24

105% Oct
'

5% Oct

i

48%

,

Feb

21

56% Sep

9

105% Mar 12

110

Apr

'75

Dec

29

37% Jail

44

26

Sep

109% Jan

19

$4.50

12

15

75'

Mar 23

Cleveland

21

4 4 % Mar 19

Special

41

3

Sep

.

Illuminating coin_No

preferred -'.

Jun

70% Dec

100

4

14

6 5'/a Jan

Elec

Cleve

guaranteed

32% Jan

22
3

3

4

28 % Apr

8

128 % Sep

136
89

136% Aug

34% Dec

Jan

Jan

117% Jun 13

107

Oct

125% Feb

874

102

78

7

Jan

892

88

Feb

21

1%

Dec

Coca-Cola Co

17

Coca-Cola
I

40% Jun

47 Vi Dec

23

Jan

2

87

17% Oct

95

Apr

22% July

15

22% Feb

Oct

16

41

Jan

18

59 % Mar

39

Jan

8

60

17

Dec

13

2

14

20% Mar 17

Colorado

66 % Mar 24

28

47

Sep

1

16% Jan

11

13 % Jan

15

56'/2 Jun

11
3

Nov

26

61% Apr

4

63

27 % Aug

13

Nov

14

44% Jan

30

34 J/b Oct

20

383/4 Aug

17% Oct

2

20% Jan
37

7

Fuel

46%

47

47

47

47

46

69% Dec
51

Class

Pictures

Mar

8

97 %

J nn

24% Jan

20% Oct

28

Dec

30

"l2% Jan"25

6% Sep

14

11

19

343/4 Jun

10

22

16% Jan

18

10% Aug

13

11% Jan

23

52% Oct

16

64% Feb

4

13

Apr

27% Sep
9% Oct
9

8
15

Mar 24

16% Apr

34% Jan

15
2

39% Dec
11

Apr

12

1

12% Jan

14

20% Dec

23

Jan

38% Dec

12

110

May 16
109% Nov 26

102% Jan
31% May
99

43% Dec

Jan

3

41% Aug 19
92

Mills

15

Ex

stock

31
25

Consolidated

11
6

Consol Edison

109 % Jan

$5

91.

Jun

15

10

Jan

B

110% Jan

7

28

102

>

,

Mar 26




27%

27%

27%

27%

27%

27%

27%

273/4

5,100

4%

Grocers

38 % Jan

Consolidated

38%

38%

38 3/a

38%

38%

39%

38%

*38 %

38%

38%

38%

38%

39

38%

*38%

38%

*38 %

383A

*38%

39

39 %

39 J/4

6%

6%

6%

6%

6%

63A

6%

6%

6%

22%

22%

22%

22 %

23

23

22%

22%

22%

22%

22%

23%

21%

21%

21%

20%

21%

No par

Retail

Textile

1.33%

Vultee

29

10% Jan

15

22%*feb

Consolidated

35% Apr

23

40% Nov

19

109 % Jan

Jun

23

30

102% Feb

11

233/8

23%

23%

2,700

20%

20%

21

21%

2,700

8

7%

8

7%

6,100

8

7%

8 %

42%

42%

42%

42%

42 34

42%

42%

42%

14,000

108%

108%

108%

108%

108%

108%

108 3/a

3,500

27

27%

27

27%

27%

27 J/4

27

109%

110

110%

110%

110%

111

110 J/2

111

101

*99

26%

109

26%
109

*99

101

*99

101

*99

101

*99

123/4

13

13

8,500

101

27%

12%

13%

13

13

13

12%

190

12%

1.000

13

13

1.500

*12%

12%

*12%

1J

13%

13

13%

55%

55%

55%

56

56

56%

55%

56

55 J/2

56

21%

21%

21%

21'A

23

23

23%

900

*19%

2,700

1

Inc—10c

*20

21

*12%

5,200

6%

6%

6%

6%

6%

6%

6%

6%

6%

8%

6%
*8

8%

8%

*8%

8%

81/4

8%

8 J/4

8%

900

18

18%

18%

19%

193k

193/4

19%

20%

19%

20%

90,400

39%

39%

39%

39-3/8

39%

39%

39'/a

39%

39J/2

393/4

14,000

preferred
No par
$4.52
preferred
No par
Container Corp of America com__10

*106%

Aircraft

1

rights

4%

preferred

8

$3.75

Nov

6

$4.25

100

Continental Baking Co cum—No par
$5.50

preferred

Continental

Can

Inc

preferred
conv

2nd

No par
common

20

No par
preferred—No par

108

44

*101%

r

%

%

22

%

%

32

108%

108%

109%

108'A

108%

108%

109%

106%

106%

106%

1C6%

106 3/4

107

107

32

$4.50

97% Jan
133

23

No par

6

87
May 20
112% Jan 16

23

100
Inc

Consumers Power Co com

Jun

2,400

22%

23

5

pfd

Stores

Dec

2,600

4,500

23

15

Corp

Co

8

8

8

8,100

42%

'

100

15% Sep

Jan

6%

J/4

108%. 108%

No par

Light &

Consolidated

45

27,600

385/8

38 %

21%

Consol RR of Cuba 67*

10% Jan

17

17,700

25

Corp

14

Jun

13,400

18%

17%

Gas

23

36

6,'300

37 %

173/4

38%

series C

Sep

5

47%

37

17%

38 %

100

5% Dec

108% Feb

46%

37

27%

17%

No par

Laundries

18

46%

36%

33%

series B

Natural

99% Jun

45

36%
17%

17%

38%

Bait com

Consolidated

8

45%

36

17%

No par
Elec

Gas

Consolidated

99

44%

38%

of N Y com

Consolidated

8

44%
36%

38 %

10
No par

24

17

44%

35%

25

—No par

27

Jan

44%
36%

17%

Co

7,900

44%

com—25

Co

33,300

36

Inc-No par

preferred

16% Apr
58

Elec—5
10

13% Apr

58% Nov

26

27%

5

13

page

27%

Ohio

16

45% Jan

sep

5,800

16

31

For footnotes

44%

Jan

12% Dec
11

48 % Dec

8

44

48% Jun

25% May 21
4
95% Jun

16

44%

Inc

4%%

Preferred

2

Feb

44%

Coppermines Corp—5

Power Co of

Preferred

23

Jun

44%

preferred

89% Sep

99

44%

Cigar Corp—

Feb

18% Jan

117

44%

distribution

42% Dec

93

5

44

Corp

20% Dec

7

16

44

Publishing

Congoleum-Nalrn

8

Jan

300

43 %

—No par

preferred

Cone

4

108% Sep

693/4

Edison

71

96

Feb

133/a
21%

693A

Solvents

conv

19% Dec
18

13%

21%

70

Co

$1.40

103% Feb

16% Jun

89% Dec

31

133/s

21%

70

convertible

Common

102

13%
20%

70

Co

$1.32

Consolidated

105% July 15

133/a
203/4

70

Engineering

Consolidated

19

13%
20%

Credit

18

97% Jan

13%
70%

Combustion

Nast,

46

20%

Commercial

Conde

45%

13%

8

37% Mar 16

46%

20%

6

32 % Jun ,17

46

*69%

48% Dc-C

31

46%

7,100
2,000

13%

38% Jan

35% Dec

46%'

70

Southern

26

46

21

18

■.

46 3/4

13

Carbon

Columbus

40

46%

46%

69%

11

29

50
,

21

38% Sep

27% Dec

44

No par

$4.25 cumulative preferred.No par
Columbian

45

*44

conimon__No par

Columbia Gas System Inc
Columbia

15

% Mar 17

-2.50

B

31

10

150

44

46 %

Columbia Broadcasting Sys cl A.2.50

2

23% July

Jun

17%

190

45%

2

23% Jun

17%

9,600

47

15

100

6,300

17"%

46%

35 '/a Dec

25

13%

51%

Com in on wealth

31

89

13%

49

Commercial

Nov

17%

17%

42%

88%

*48

7

27% Dec

17%

42

49

2

113

17%

13

893A
13%

*88%

*48

2

27

13%

49

37% Dec

23

17%

89%

12%

*48%

22 % Jan

Feb

17%
44

'*88%

14%

48%

37% Dec

25% Oct

17%

893/4

48

Sep

2

13%

50

5

103% Jun

89%

14

44

No par

Iron

89%

*48%

15

106

No par

41%

42%

42

42%

100

17

109'A Mar 27

80

*925

*925

42%

pfd

17

2

,

42

2nd

32% Jun

xl06>AJan

No par

41%

noncumulalive

32% Jun

39% Nov

1

4%

24

29

5,300

121

65 % Mar 24

Dec

21% Dec

4,600

122

*50%

11

7% May ~T

14

900

121%

121%

*43

31

32% July 18

89%

91%

52

31

2

41

133%

91%

44

34% Dec

July

*900

122

*900

*900

pur

343/8
133%

90%

*50%

Jan

2

120%

34%
133%

90

*43

15

28% Jan

120

90

44

22%

29

4,700

34%
133%

34%
134

52

34% Dec

25

119

90

*50%

35% Jan

19

119

34%

*133%

90%

51%

-7

5 % Dec

400

343/4

51%

29

18

2%

52

12% Dec

10 3/a Feb

*2%

*51%

11% Jan

Sep

120

2%

100

2

21% Apr

118 %

i_No par

34%
134

*2%

100

14

28

*89

2%

com

27

23% Oct

34%

*133%

90

2%

pfdL

32% Jan

10

34%
133%

89%

Co

&

30'A Jan

6% Dec

34%

133%

2%

Ry

50% Dec

16

3,800

96%

1st

50% Dec2

Sep

15,700

27%

96%

Southern

9

6

393/4

27%

noncumulatlve

8

37

39 %

4%

38% Jan

59% Mar

"2%

.100

Corp—No

39%
27%
963/4

38a/a1

" Mar 24

38 '/2 Jan
-

2%

No par

corn—No Par

Internat'l

Colorado

67

«

2%

preferred- 100

preferred

22

32% Jun

42% Jan

$3.50

23

1

*

'

1

Collins & Alknion Corp

Dec

1

-

27

7,300

27%

-i

Colgate-Palmolive

5

24% Feb

Dec

39:,/4 Feb

5

2

Nov

90

14% Sep

40% Feb

29

31

47% Jan

49

4

10% Dec

8

43

7

3

13 'A Oct

Dec

23

12

Jun

59

Jun

213/s

•(

27

2

33

-

80

9

Jan

38

Nov

38% Dec

24

20 3/4

96

(The)-.,

\

20%

20%

21

97%

preferred

20-

20%

*96%

4% cumulative 2nd

29

20%

*42%

97%

Clopay Corp
Cluett J'eabody & Co com

July 24
Dec

4

-

conv

38

—No par

common

43

43

*96%

19%

—1

——.

Inc

70

72

72

*42%

97%

4

Dec

43

*96%

Feb

75

*42%

preferred—.100

4%%

24% Oct

43

27%

25

130% Jan
-

*42

38%

97% Nov

Sep

180

43

71

71

27%

89% Jun
2

-

72

38%

18
2

108 3/4

*71

27%

Jan

6% Jan

*108%

108

72

38%

91

24

2,200

108 5/s

108

*71

27%

81% Apr
3% Oct

54%

108%

108

71 %

38

Clinlbn

5

54%

20%

29% Oct»' 9

cum

54%

38%

Molybdenum--—

22% Jan

3

54%

27%

Climax

2

Foods

54%
108 %

54%

X27%

33 % Sep

25% Jan

16

54%

.—1

Corporation

9

25% Apr115
43% Mar 20

Clevite

39% Dec

Sep

54%

20%

1

18

-•42

stock..-SO

4'/o

18% Mar 18

29% May

71%

gtd_.,_50

1%

54%
108 %

108'

i_No .par

Pitts. RR

&

54%

par

44%

44

44%

*101%

104

104

43%
*101%

43%

44%
104

*101 J/2
*

43%
104

32

431,100

43%

4.000

J/4

108'A

109

*1063/4

108

43%

22»/2

22%

22%

22%

23

22%

22 J/4

92

92 %

92%

92%

92%

92%

92%

*92 J/2

93 'A*

56

%

56

56 %

55%

56%

553/a

56'/b

56

56%

97

97

*96

100

96

97

129%

130

130

129

130

128

128

56 %
97
129 %

97

22%

2 2 J/2

96

230

104

*102

91%

22%

640

\

*1283/4

2,800
190

9,900

96

800

130

220

17

18

(406)

The Commercial arid Financial Chronicle

NEW YORK STOCK RECORD
Range for Previous

STOCK8

Range for Year 1953

Year 1958
Lowest

Lowest

Highest

NEW

Highest

17

7% Nov

YORK

10% Jan

21

7% 8ep

15

10% Mar 17

Continental

STOCK

18% Jun

30

17% Jun

11

20% Mar 17

17

15% Feb

6

9% Sep

10

13% Mar

3

Continental Diamond

68% Apr

16

81 % Nov 26

10

82% Jan

7

Continental

7% Apr

30

10% Nov 28

11

67

Jun

Continental

75

Apr

3

48% Oct

13

62% Jan

25

Jan

30

15% Sep

15

22

31% Aug 13

19% Sep

14

25% Dec

18

18% Oct

22

29% Jan

25

2

28 % Jan

2

19% Sep
19% 8ep

12

51% Jan

14

48% Jan

6

43% Dec

30

Mar"21

17% Jun

10

22%

Oct

23

9
87% Jan 25

63

66% Nov

5

Jan

69% Jan

16

93

22

99 % Apr

21
15

5

28% Mar
26% Jan

27
2

Jan

28

Convertible

55% Jan

30

Preferred

52

11%

11%

77%

77%

18% Sep

15

26% Mar 25

Cornell

58

Jun

18

68 % Jan

15

Corn

70

Apr

1

90 % Dec

21

Corning

93% Sep

14

96% Jan

19

5*

1

73

Jan

10

178

Apr 15

166

Jan

99% Apr

23

1% Oct
91% Jan

9

24% Jun

19

3% Sep

15

1 % Nov

30

15

Jan

2

Mar

97

May 22

27

Dec

12

25% Jan

22

19% Jan

28

10% Dec

29

15% Mar

13

36% Feb

5

28

Jun

10

34% Jan

26% Jun

10

99% Jan

9

103% Jun

13

91

Oct

28

39% Jan

30

20% Sep

77% Oct

23

92% Jan

30

68% Sep

Mar 25

36% Dec

5

12% Oct
X32% Nov

27

22

15% Sep

20% Jan

25

129% Jan

19

5% Oct

22

24

6

Feb

20

93

Sep

10

49% Jan

12% Jan

3

32

12

8% Mar 20
Jan

29

54% Dec

1

99

May 18

8%

8%

8%

14,700

56%

56

56%

11,100

16%

16%

22%

22%

22%

22%

16%

16%

900

22%

22%

22%

22%

23%

24%

22

24»/4

24%

22 3/a

24%

24%

24%

24%

22

24%

243/4

2,000
3.300
2,000

3%%

21

Cream

27% Mar 12

35% Dec
103

perferred

22%

22%

22%

50%

*50%

50%

*50%

50%

46%

46%

46%

47

47

22%

22%

23

23%

23%

2

of Wheat

Corp (The)

2.5o

Crown

No par

Zellerbacb

$4.20

Corp

5

common

15
13% Dec 24

36% Jan

5

Cuba RR 6%

17

Jan

6

Cuban-American Sugar common

185

Jan

8

11% Dec 31
180

Jun

24

5% Sep
52

15
18

Nov

6% Sep 21
27

89

5% Sep 15
93% Dec 31

8% Apr

49% Sep

21

24

10

Jan

7

6% Sep

15

24% Sep

23% Sep

18

129% Jan

19

132% Dec

10
16

Dec

9

131

4%%

preferred

non-cum

Curtis

2

$7

2

10
100

90

*97%
1

96%
98%

75%
175

75%
175

.

17%

18
4
.

1%

62%

90%

98%
75%
175

Jan

23

138

Apr

17

Cushman's Sons Inc

31% Sep

15

43

Jan

15

Cutler-Hammer

7%

10o
No par

100

*98%

100

75%

63

•98 3/4

1,150

93%

8,300

98
100

50

75%

76%

75%

76%

75%

75'/a

*174%

1751/4

174%

3,500

174%

174%

174%

60

18%

17%

18

17%

17%

4

4

4%

4%

3,800

1 *%

1%

1%

30%

30%

l3/4

1%

4,600

30%

30%

303/4

6,400

9,900

30%

30%

94

94

27%

27%

27%

27%

27 %

27%

27%

27%

12%

12%

27%

12%

12%

27%

1,000

12%

12%

12%

12%

30

30

12%

12%

7,900

35%
*102

35%
103

*91%

30%
35%
102

30%

94

30%

*92

30%

94

30%

35%

31

36 3/4

1023/4

160

23%

3,000

23%

23%

23%

75'A

76

76

15%
12%
•170

7%

8

15 >/4

15%

12 %

5%
♦55

6

5%

56

7%

13%
200

5%

55

*75%

17%

13

♦170

6

55

23%

77

16%

13
200

*170

24

23%
♦75

16%

12%

200

900

36%
102%

75

12%

31

36%
102%

23

15%

*30 %

100

35%

75

200

94

102%

23%

12%

*92

35%

75
♦15

31

30

102'A

*102

23%

♦170

94

♦92

311/4

35%

102

•28%

pfd

*98%

63

923/4
*96 %

4

29%

Inc

99%

93%

1%

*28%

i

98

2,300

4

9%

*,1

63

92%

20
300

233/4

1%

9%

common

62%
•96%

23%

3%

5%

A

23%

3%

55%

1

47

*1%

5%

No par

52%

*463/4

93

18

*9%

No par

22%

*51%

47

98

18%

*54%

common

22 %

50%

23%

63%

92

22 %

50%

*96%

175

10

preferred

62%

92

17%

Inc..2.50

Drug Stores

63
•

83%

22%
•46%

97%

*96

5

Publishing

Class

62%

89

100

common

Inc

Curtiss-Wrlght

27% Mar 20

100

preferred

Prior

4

10o

pfd

preferred
Press

Cunningham

100% July 28
9% Feb

25

preferred

Cuneo

29

57% Feb

par

Cudahy Packing Co

Mar 17

34% Jan

No

of Amer common

convertible

7%

12% Mar 19

21

Sep

5%

8% May 21
64

preferred

Crucible Steel

Mar 17

62%

*95%

1%

2

$2 preferred

17

22%

4

100

Crown Cork <fe Seal Common

15

22%

*45%

25

6

21

44

Jan

22

.

*50

1

Corp__

common

18

7% Apr

3

95

200

55%

1

Co

Jan

23 % Feb

32% Mar

International

33% Jan

16

Dec

2

Inc

Coty

2.100

8%

1

15

2

65% May 26

9% Aug 27
26% Apr

25

7% Jan

28

Dec

55

18

Feb

190

1

Coty

77

16%

common—_5

Corp

Crane

763A

56%

preferred

3

20

77

8%

20

2

5

34% Apr

1,000

77

16%

CoKden

25% Sep
87% Jun

11%

55%

9

3

2% Jan

11%

8%

16

38% Jan 25

16

30

11%

16%

31

4% Nov 26

12

3% Jun
28% Oct

11%

77%

56%

Exchange Bank & Tr Co

Petroleum

11%

77%

8%

Nov

78

25

4.000

*11%

16%

18% Nov

Jun

Shares

8%

19%

55%

176% Dec

0

98

8

*18%

56

Mar 31

161

15

8%
19%

16%

100
Cum pfd 3%% series of 194T_100
Corn Products Refining common.25
7% preferred
100

93% Sep
67% Feb

8%
19

50

Electric

Works

11%

77%

8%

19%

55%

1

Glass

11%
76%

8%

*16%

Corp

3 %%

*19

5o

series

series

Dubilier

8%

8%
19%

5

15% Dec 29

65% Feb

23
Sep 25

93

8%

8

•19

the Week

Friday
Jan. 'ft

14

Delaware

pref

8

19%

10

Corp

6%

Jan. 21

7%

1

of

Sales far

Thursday

Jan. 20

•19

Cooper-Bessemer Corp common
5
Copper Range Co
No par
Copper weld Steel Co common
5

6

27% Feb

Oil

Continental Steel

Mar 18

PKICE8

Wednesday

Jan. 19

5

Continental Motors

2

SALE

Tuesday

Jan. J 8

2a

Fibre

Insurance

11% Mar 25

28

Dec

preferred

14

19'A Oct

44

convertible

7% Sop

56% Jan

23 V* May

5%

HIGH

Monday
Pmt

Cop & Steel Ind com__2

15

Nov

16% Feb

Continued—Pagt 4
LOW AND

EXCHANGE

Monday, January 25, 1954

...

5%
55

55

17%

13%
>170

10,400

77

500

18%

2,190

13%

3,000

200

29

v

6

5%
56

6,100

56%

500

9%

9%

9%

9%

9%

9%

1,300

*28%

9%

291/4

♦28%

29%

28%

28%

300

8%

16,300

8

8

98

98

98

97

97

♦55%

56%

55%

56

55%

55%

55%

55%

7%

55%

8%

553/4

7%

1,200

8%

8%

8%

8%

8%

87/a

61,300

98

25%
♦134

25%
135%

40%

41

25%
*134

8%
25%
135%

40%

40%

8%

25%

7%

25%

135

135

40%

8

•97

99

25%
♦134

40%

26 %

136

40%

40%

7%
*97

98

26%
*134

90

26%

2,700

136

30

40%

403%

2,500

33%

33%

33%

4,000

88%

*87%

88%

'

i

32

Jan

90

39% Dec 23

July 23

2

29% Sep

15

40% Mar 25

May

8

83% Dec

22

92

Jan

2

95

22

13

13% Dec

22

15% Mar 11

33 % Feb

19

7% Dec

51

12

36% Dec

58% Aug 13

May 15

4

22

Dec

13% Aug 20

19

31% Jun
49

Sep 17

13% Apr

24

16% Aug

6

11% Dec

15

33% Feb

19

36% Dec

12

33% Jun

10

85% Jan

2

Jan

28

88

96

3%%

57

16% Jan

29

Daystrom

17

Dayton Power & Light

83

Apr

28

92

Jan .10

Jun

3

97 % Feb

11

23% Feb

2

21

99'A Jun

9

22

24 % Feb

5

17% Aug 31

Apr

16

9% Jan

14

7% Sep

15

Oct

16

63% Jan

25

Dec

14

28% Oct

21

34% Sep

4

23% Sep

15

30% Jan

2

31% Jan

3

35% Nov 24

28% Jun

18

33% Jan

5

Jan

2

52

52% Feb

2

11% Oct
23

39

43

34

Aug

7

15

15% Jun

12

40% Sep 21
10% Oct 13

18

26% Nov 17

23% Jun 10

Apr

Decca

Deere

5

2o

*13%

1

80
10
7

common

100

series B

Preferred 3.90%

12% May 14
47% Jan
5

88

*4%

A

series A

Preferred 3.75%

Dayton

34

*85%

Inc

Preferred 3.75%

2

32%

100

2.50

A

series

39 'A Dec

19

17% Oct

i

series

Preferred 4.60%

Mar 16

Jan

92 % Jan

preferred

Davega Stores Corp common
5% convertible preferred
Davison Chem Corp (The) com

14% May 4
40% Nov 10

92

86

8

Dana Corp common

8

82% May 28

July 15

96% Jun

Jan

8% Mar 17

33%

33%

88

*4%

5

♦87

*4%

5

*47/e

5

*13%

14%

*13%

14%

*133/4

14%

39%

40

39%

39%

*39%

39%

39%

39%

39%

39J/4

54

54%

54

54

♦531/4

54%

*53%

54%

*53 %
xl3

13%

13%

38%

38%

92

92

|

13%

13%

13%

*13%

14%

'

—

—

—

1,100

54

800

13%

13 %

13%

38%

39

38%

39 %

38%

387/a

38%

383A

*92%

93

•92%

93

92%

93

93

93

110

93

93

230

13

2,000
«

1,700

100

series C—

*91%

93

93

93

*92%

93%

*92%

93%

97

96

96%

*95%

97

*95%

97

19

19%

19

19%

19%

19%

4,400

10%

10%

10%

10%

10%

10%

20,500

38'A

39%

38%

38%

38%

39%

28

28%

28

28%

28

28%

11,200
21,300

100

*95%

50c

18%

18%

18%

19'

50c

10%

10%

10%

IOI/2

i

38%

Deep Rock Oil Corp

39

38%

39%

.10

27

27%

26%

28

-20

33%

33%

33%

33%

loo

45

45

46

12%

13

13

29

29%

common.

7%

preferred
Delaware & Hudson

15% Jan 30
27% Dec 21

33%
*86%

5

Inc

Records
Co

33%
88

*4%

Co

Rubber

&

14%

33%
♦86

p' •

Delaware

Lack & Western
Delaware Power & Light Co

50

13.50

♦95%

97

60

*33%

33%

*33%

33%

*33%

46

46 %

46%

45%

45%

45'J/4

46

13%

13%

13%

13%

13%

13%

133/4

12,900

28%

29%

29

29

29

29-%

29

29'/a

2,900

59%

5,700

"

333/4

400

1,500

Denver & Rio Grande West RR—

55% Dec
x70

Mar

23
17

95

22

Jan

Dec

24% Jan

4

17% Sep

3

29

60

81'/a Apr 28
15% Oct
7

99

55% Feb

13

5% Jun

25% Dec 13

19

66

Nov 17

6% Jan

11

31

18% Feb 21

16% Jan

14

20% Oct

16

18% July 11
27% Jan 21

29% Oct

31

13

Oct

106% Apr
38% Nov

29

32% Jan

43

8

18

12% Dec

52%

29% Feb

3

12% July 30

26% Dec

13

21

1

12% Jan

21% May 27
Nov

Mar 31

14% Jan

8

8

25

35% Jun 23

30

Jan

10

Jan

114% Feb 19

3

Dec

1

39

24% Jan

16

29/64 Dec

23

30

61

July 24

2% Dec 14
9 % Dec 29
17% Sep
18% Sep
25

15
10

Sep 14

95% Jun

9

32% Jun 24
30

Jun 12

9% Sep 15
10% Sep 21
25

Jan

2

7% Sep 17
31% Jun

12

Dec

9

Escrow ctfs for common new

100

56%

57%

57%

58%

58%

59

58%

59%

Escrow

lOn

•94 %

95

95

95

95

95

95

95%

*95

jg

17%

17%

18

18%

18%

18%

18

18%

18

18

2q

29

29%

29%

29%

29%

29%

29%

29%

29%

29%

Apr

17

30% Oct

27

44% Dec

8

16% Jan

16

52

30% Dec

14

Detroit

33/64 Dec

30

64

Mar

Sep 10
13% Dec 29

Rights

16% Mar 23

i

19% Jun

De Vilbiss

8

•18

2

1

24% Mar 10
33

108

Jan

22

,.'40!%'Feb

3

34% Feb

13

$1.50

3

.

2

83% Jan

14

43

Feb

13

12% Jan

2

47

9% May 19

25

Dec

Nov 25

36

July 29

13% Aug 29

6% Dec 30

1

97% Dec

15

91

Jun

10

108% Dec

xll4% Jan

8

119% Apr

23

109

Jun

4

118% Jan

x92% Jan

8

99

July

31

45% Jan

10

51

Jun'lO

51% Oct

27

52

Nov 19

x48% Dec

10

49% Dec

9

8% Apr

25

10% Jan

7

19
22

Apr

30

25

Sep

16

28% Jan

2

16% Nov

14

25% Jan

18

12% Oct

16

16% Jan 21

41% Oct

30

Jan

36% Feb

48

21

27

158

Jan

Jan

28

21

171% July 10
9
47% Dec

15% Jan

18

July 15

6

89

Apr 29

16% Feb

23

23

Dec

97
1

2

82% Nov

25

102

Jan

Apr

12% Mar 11
44% Jan
1% Jun

20

34% Oct

22

43% Jun

9% Jan

4

8

48

Feb

3%%

52

2

5% Feb

26% Dec

3

30% Jun 27
•

101% Sep
23% Dec

31

7% Jun

18

18

Nem

ll3/4

2,500

11%

113/a

3,000

2

29%

29%

29%

29%

20,200

i

11

11%

11

11%

43%

43%

43

43

59%

59%

59%

11%

11%

11%

Ltd

5

36%

No par

*101%

50c

20%

100

common

preferred

i
No par

37%

30

30%

30%

30%

10%

11

11

11

43

43%

43

43

423/4

43

1,800

59%

59.%

59%

•59'/a

59%

59%

59%

1,100

11%

11%

11%

*11%

11%

11%

11%

900

15%
86

36%

2,900

15%

15%

15

15%

15

15%

85%

87

88

89%

89%

92%

4,100
21,600

79,000

35%

36%

34%

35%

*102%

102%

102 %

102 3/a

102%

102%

800

20%

20%

20%

20%

20%

20%

20%

203/4

10,500

*75'A

20%
76%

*75%

76%

*751/4

76%

*75%

76%

*75%

76%

*36

40

*36

38

*36

38

•36

38

♦36

38

8

8

8

7%

102

36 %

30%
11

29%
Xll

102

102

7%

35

8

8%

36

8%

f

(EI) As Co—

*1

—-«•

_

8%

5,100
17,600

5

105%

106%

106

107%

107

107%

106%

107%

1053/4

107%

116%

116%

116%

116%

117

117%
95%

117%

117%

1173/4

1173/4

No par

95 %

95%

95%

95%

900

28%

28%

28%

283A

19,000

4

Duquesne Light Co

95

95

95

95

95%

lo

com

28%

28%

28%

28%

28%

*46%

47%

47%

471/4

*46%

47%

♦46%

47%

*467/a

1,600

47'A

29

51%

51%

51%

51%

51%

*51%

51%

*513%

51%

150

49%

49%

491/4

49%

49%

49 %

*49

49%

1,000

9%

9%

9%

*9%

10

*9%

10

10

1,100

preferred

10% May 15

D

23% Mar 11

Eagle-Picher Co.

W

G

8

Cigar

169

18

Jan

30

25% Mar 25
94

Feb

24% Dec
102

6%

7

24

57

Mar 12

2% Apr
37% Jan

15
26

Jan

9

Bros

4%%
Ekco

Co

60% Feb

4

37% Jan

8

El

13% Sep

15

18% Mar

2

Emersbn
Emerson

Radio

14

Jan

6

15

26% Feb

19

29% Feb

5

89% Dec

21

99

Mar 13"

4

24% Mar 12

18

8% Nov 27

17% Jan

23% Nov 24

Dec

22

70

22% Jan

5

Dec

31

61% Jan

64% Dec

22

73

74% Feb

5

Nov 24

70% Jun

15

74

Apr 21

(The)

♦165

168

167%

168

preferred series A

Pittsburgh RR Co

1677/a

167%

167%

160

38%

38%

38%

38%

38%

38%

38%

38%

2,200

21

21%

21 %

21%

21%

21%

21%

213A

1,400

*84

89

23

*100

26%

23%

89

*84

22%

23

*84

89

22%

14%

14

14

41%

42

26%

1%
26%

1%
26%

1%
26%

1%
26%

12

12%

11%

11%

11%

12

25%

251/a

25%

25

25%

50%

51

*491/2

51%

50

50

*49V2

51%

3

36%

3G%

36

16

16

15%

'/a.

*84

89

23

23

3,300

'100
14

13%

13%

500

42%

43
,

24%
*49%

89

23%

14

13%

42%

1%

23
♦100

13%

42

♦84

23

*100

*100

4

43

42%

423A

4,600

*1%

1%

1,800

1%

1%

26%

,

26%

*12

25%
*50

26%

27

12%

113/4
247/8

25%

51%

49%

3,700

12

25%

49%

*49 %

800

6,600
600
'

*49%

51%

*49%

37%

37%

37%

37%

37%

37

37%

21,300

16

15%

16

15%

153/4

15%

15%

1,000

51

51

51%

~

—-

5

10%

11

11

11%

11%

10%

11

10%

10

23%

23%

23%

23%

23%

23%

23%

233/4

23%

23%

1,200

25

26%

26%

26%

26%

26%

26%

26%

26%

26%

26%

1,200

100

*90%

92

92

92

*92%

93%

*92 %

93%

93%

93%

8.50

Phonograph

Erie RR common

1,800

26,600

21%

50

Mfg Co

Co

10%
49%

38%

167

15

Gas

&

*166

10

49%

38

No par

preferred

Natural

167 %

1,200

10
50

*21

10

Equitable Office Bldg.

Erie &

1Q
49%

49%

2,700
16,300

1

1%

Empire District Electric Co
Endicott Johnson Corp common
4% preferred

5%

10

9%

100

common

Equitable Gas

17

50

Electric

23

23

16%

491/a

41%

15

20% Sep

19 3A

22%

16%

10%

5

2nd

19%

22%

16,%

49'A

Auto-Lite

conv

19%

22%

16%

9%

*13%

Paso

18%

23%

16%

48%

2.50

common

preferred

5%

19

22%

16%

48%

Mus Ind Amer shares

5%

18%.

23

10%

1

Co

18%

22%

*9%

Stop Nut Co

Sep

25% Dec

common

Electric Storage Battery
Elgin National Watch Co

Elliott

18%
*16%

48

100

Co

10

20

2

Co

Inc

preferred

Electric
Elec &

16%

5

preferred

Elastic

23

16%

lo

common

Stores

Products

4%%

18%

22%

100

Kodak

Manufacturing

Edison

11

17% Feb

Stainless Steel Corp

preferred

Eaton

20

Feb

18%
1

Corp

*9%

10

Eastern Airlines Inc

22

48% Jan

5

Corp

30

16

11%

11%

No par

6

Sep

113/4

11%

J

Oct

6

11%

11%

series

48% Dec 31

20% Jun

11%

11%

series

62% Jan




Co

44

30

11%

11%

Ltd

33% Feb
4
51% Nov 30

9% Dec

11%

11 %

49 %

26

19% Jan

*11%

11%

*51

56% Dec

26
May
94% Apr
20% Jan

11%

11%

*49

13

29

900

*11%

5o

5

15% Apr 14

3,100

50

6

17% Jan

34%

preferred

10% Oct1

20

210

34%

34%

4%

22

12

34%

$4.15

18

11% Jun

343/4
34%

9

30

13% Nov

34%
34%

•

l

5

16% Mar 19

16

34%

900

104

De,c

51% Jan
38% Jun

34%

34%

*103%

48% Jan

32% Dec

15

34%

34%

104

50

15

Oct

35

34%

104

preferred

10% Nov 24

31

de

Eastman

Oct

34%

34%

104

$3.50

Eastern

29

35%

34

•

$4.50

15% Mar 17

23% Dec

34%

103

3,200

Preferred

47% Dec

12% Sep 14
39% Sep 21
1% Dec 22

IO31/4

400

28%

Preferred

31

1

103%

283/4

Common

10

2

103%

28%:

2

8% Dec

May 28

103 %

,

3

41% Jun

89

28%

12

Eastern

83
July
20% Jun

22

28%

$3.75

24% Apr

16

Pont

19% Mar 27

14

21%

28%

No par

convertible

28% Jan

29

22

21%

28%

2

Dunhlli International
Duplan Corp

17% Sep 18
20% Sep 22

156% Sep 30
36% Sep 18

*21%

21%

28%

No par
series A
50

preferred

Chemical

13% Dec

4

22

21%

10

48% May 13

48% Jun

Jan

30% Dec

5

2% Apr 16
43% Mar 18

97

25% Sep 14
Apr 27
47% Apr 23

42

16% Jan

17
Sep 15
55% Dec 31

24

89% Jun 23

18%

50c

$4 preferred series A
Dresser Industries common

du

79% May

10%

*18%

151/4

5

22

10%

18%

85%

8

Jan

10%

18%

15%

15

80% Jun

10%

18%

85%

24% Jan

1,500
1,000

10%

15%

43% Jan

2%

18%

84%

102% Jan

67

•10%

22

_25

2%

900

3,100
12,100
278,700

A

i7«
*64

18%

No par

18

2%

io%

Douglas Aircraft Co Inc~__No par

29

67

*2%

18%

Dome

17% Sep
75

29/64

•64

2%

•10%

23% Mar 10

94% Jun

8

84 % Aug

67

2%

28%

Pepper Co
Mines

16

18

•64

28%

Corp

Dixie Cup Co

Dow

J.

27/64

95%

10%

87% Dec

17

2%'

58%

18%

Dr.

105 % Mar 29

26% Apr

2%

13% Feb 26

10

i«

65

•64

2%

No par

Corp-Seagrams
Corp

conv

65

100

common

Distillers
Divco

Nov 30

10 %

a

27/64

22

preferred

Stores

2%

7

lo

Diamond T Motor Car Co
Diana

29% Nov 12

18

3

Match

cum

12

Jun

11

Co

Diamond

14V8 May 25
13% Feb
4

41% Dec

l

Devoe & Reynolds class A
Diamond Alkali Co common
4.40% cum preferred

Mar 17

33% Jun

30

II
♦64

Detroit-Michigan Stove Co
Detroit Steel Corp

60

21% Oct

Edison

Detroit Hillsdale & S W RR Co.100

2

6% Mar 17

8

99% Jan

32

10

for preferred

Derby Oil Co (The)

5Vo

12% May 13
24
Aug 13
65% July 1

10% Jau

ctfs

Aug
4
24% Mar 23

23%

23%

23%

23%

23%

23%

23%

233/4

23%

23%

8,600

8%

17,600

17%

16,900

66%

300

1

*7%

8%

8

8

11

7%

8

7%
16%

8

17%

17%

16%

17%

16%

17%

10o

*66

66%

66%

66%

*66%

67%

*66%

67%

50

>72

75

75

*72

75

*72

75

No par

16%

*72

8

16%
66 %

*72

11

75

"

6,100

20

Number 5293... The Commercial and Financial Chronicle

Volume 179

(407)

NEW YORK STOCK RECORD
Kftnfe for Previous

5% May

10% Nov

Lowest

Highest
1

6% Sep

7% Dec

6

15y8 Mar

.
Par

EXCHANGE

Highest
15

9% Mar

10

Sep

14

14% Mar

Evans

Eureka

Williams

Corp

5

Products Co

22

13% Oct

12

Nov

10

16% May

Eversharp

May 17

11

55% Dec

39% Sep

14

59% Mar

5

Ex-Cello Corp

Jan

44

Sales for

NEwbflrOCK

Range for Year 1953

Tear 1952
Lowest

1% Dec

16

3% Feb

15

2

Jan

2

21% Oct 29

27% Jan

3

21

Sep

14

3

July 13

Inc

1
3

Exchange

Buffet

28% Mar 25

Fairbanks

Morse

Falstaff

Family

Continued—Page 5

„„4W
Jan. 18
9ys

9%

9

*12% -13%
13%
13%
51

Jan. *0

9y8

9

13

13

13%

12%

51%

*2y4

2%

*2»/4

22%

22%

22%

10%

10

Co

No par

22%

22%

Falrchild Engine & Airplane Corp.l
Fajardo Sugar Co
20

10%

10%

17%

17%

1

15%

15%

1

17%

17%

13

4,600

52%

52

52 %

3,100

2%

*2%

2%

200

22%

22%

22%

22%

3,600

10

10%

10%

10%

46,800

17%

17%

17%

18

3,700

15%

15%

15%

15%

71%

10 Ya

2%

13

*2»/4

22%

10

2%

600

13

17%

17%

18

5,100
3,500

*12%

2%

2.50

9

13

52%

52

51%

9

13

13

13

51%

Shares

9

13

9

13'/a

*13

'I

Jan. 22

Jan. 21

9

xl2%

51 %

Corp

the Week

Friday
Jan. 19

.

7,500

F

7

Sep

12

7% Nov

12

6% Sep

15

10% Mar 25

20% Sep

29

23% Jan

11

16% Dec

29

12% Jan

3

16% Jan 29

14% Oct

13

22% May 11
16% Mar 24

15% Jan

2

19% Jun

15% Jun

17

19

53% Nov

5

57% Dec

4
3

48% Jun 24

23% Oct 29

30% Dec 23

12% Feb 28

16% Dec

21% Sep 21
10% 8eo 15

48% PC1>
4% May
56

19

Apr 28
24% Dec 16

37% Feb 21
100

Dec

9
2

26%17ov
47

Dec

22

16% Jan

25% Nov

7

38% Apr

2

68% Mar
50

May
Jan

3

1
12

34% Mar 13
9% May 17
27% Sep 18
96
May 20
19% May 2
17% Mar 7

Apr 23
47% Dec
2
13

Dec

24%

24%

25 Va

14%

15

14%

15

61

61

*49

51

13

v

Jan
Mar

Jan

5

Federated Dept Stores common
4%%
preferred

2

15

Felt

5

l

107

May 8
7% Dec 30

54

Flintkote Co

(The)

29% Dec

Florida

Jun

26

98% Nov 26

89

24% July
19

14% Sep 15
6% Dec 29

2

Dec

19

10% Jan

9

Feb

1
18

96% Jan

Machinery •& Chem Corp
10
convertible preferred
100
3%% preferred
„„100
Foster-Wheeler
Corp
.10
Francisco Sugar Co
No par
Franklin Stores Corp
1
Freeport Sulphur Co
10
3%%

12

23% Jan 20
13% Apr 15
13% Apr 13
51% Mar 17

9% Dec 30

13% Sep 30

Food

35% May 20
13% Dec 23

46

18% May 21

10

22% Apr
75% Jan

4

27% Aug 11

21% 8ep

15

27% Mar 24

10

84% Mar 20

68

22

79

5% Dec

Jan 14

39% Sep

1

14% Jan

May 15
Dec

Jan

9

Froedtert Corp
Fruehauf Trailer

6

4%

I

Gabriel

1

2,200

15%

65%

66

7,100
5,600

•50%
8%

8%

3,700

28%

28%

5,400

28 y.

29

28%

100

*98%

28%

29 Va

28%
100

•98%

100

106

106 y«
51

70

1,100

98%

98%

17%

17%

17%

*17%

17%

200

29

17%

29%

29

29%

28%

29%

7,900

40

40 y4

40%

40%

12,800

*17 Va

40

40%

14%

14%

14%

14%

14%

1,600

32%

95

40%

*14%

33%

32%

32%

32%

33%

5,700

95

*92%

95

♦93

•93

95

a-.—

39%

39 %

o9%

39%

40

40

39%

39%

6,700

90

90 Va

89 y4

89%

90%

91%

♦91

92%

92%

92%

540

96%

39%

*95%

96%

95%

95%

*95%

96%

♦95%

96%

10

19%

19%

19%

19%

19%

19%

19%

20

20%

5,100

7%

7%

7%

7%

7%

7%

7%

7%

8

10%

10%

*10%

10%

10%

46%

47%

47

47

11

11 y4

•95 y2

19%

1

common

80%

15%

39

24%

100

Co

preferred

5,400

80
f

8%

*92%

2

1,300

50 %

95

43% Jan

24%

106 Ya

*92%

ser

66

'■

23

8%

of '51—15

pfd

15%

9%

50%

14%,

5

81

101

9%

.

106%

106

106

*98%

"28%
100

;

15%
65 y,

66%

*

23.%

81

81

15%

65%

33%

^an

8,500
130

40%

*100%

9%

23%

23

15%

40

Sep 16

40%

40%

100%

9%

8%

14%

92

1,000

,50%

33 Va

11

23%

8%

39%

98% Dec

23%

50%

34

common

3,800

50%

14%

92% Jan 10

12

8

39%

Inc

Jan 27

50%

33 %

Corp

Stores

500

4%

8V»

♦106

8%

14%

Steel

Food

17% Nov 17

51

7%

39%

Follansbee

90% Jan

106

51

_1

6

3

103

06
106%

No par
10

17% Jan

9

65 y4

106

60

49%

*4%

1

23%

100

9%

80%

v

29

39% Oct 21

6

65%

28%

31% Dec

Jun

65%

29%

9

81

12.50

28%

11

33% Oct

18%

101

22

80%

14%

7%

31

28

80

14%

1

*1% Dec

29

81%

•i7y«

22% Feb

Jan

22

17%

31% Jun

56% Jan

22"

17%

30

114

39

60

49%

'

4%

*

22%

28%

31

16

9.%

♦98%

24% Dec

38% Oct 29

•100 Yi

9%

22 %

5

Vi

39%
100%

9%

51

*4%
23%
40%

..

200

1,900

12,300
20b
'

61

*49%

23%
40 y4

39%

9%

No par

23% Jan

cum

23%

♦59

4%

100%

101

common.No par

14% Oct 16

$4.20 div

4%

23

9%

100

19% Apr 18

95% Oct

39%

51%
4%

14%

Power

Fair

23

23%

39

62

81

—

Corp.
Florida Power & Light Co

31

*23

No par

Carpet Co

(The)
$4 preferred
Florence Stove Co

7

com__

National Stores

24% Feb 27

11

4%

•60

1

preferred™

First

Firth

Mar 25.

50,%

4%

*100%

10

„

21

Feb

51%

4%

.5

Corp
Firestone Tire &* Rubber
4%%

61%

*50%

100

Co

Corp

32

2iy«Jnn io

Mfg

Fidelity Phoenix Fire Ins N Y

13% Mar 17
100

5

*59 V2

1

Tarrant

Filtrol

Oct 26
Dec

&

Ferro

18% July 30
75% Jan
6

25% Sep 18
93
Sep 10
16% Aug 24

Dec

55

24%

2

20

*53

15%

86% Jan

34% Nov 19

54%

25%

29% Jan

25% Jap 25
13% Jun
3

♦52

14%

66% Mar 9
53% May 4
7% Apr 1
27% May 21

41

3

1

24%

9

7

7

53

15%

48

18

53

24%

108

24% Dec

54%

14%

14

101% Aug
24% Sep

*52

,

24%

101% Jun

30

17%

15

15

32% Mar 20

15%

17%

24%

53% Sep

,

54%

15%

17%

15

Mar

67% Sep 14
13% Jun
8

74% Dec 30

*52

15%

17%

.

24%

1

Oct

50

15%
4

1

Fedders-Quigan Corp common——1
5% cohv cum pfd ser A_
50
5%% conv pfd 1953 series
50
Federal Fa wick Corp
2
Federal-Mogul Corp
5

Oct

19

83% Noy 20
107

9

94

Sep 25

5%

18

♦17%

Fansteel Metallurgical Corp..Nopar

July 1
8% Dec 29

19

106

14

Brewing Corp
Finance Corp common
preferred series B

18

18

35% Sep

26

3

19

Jan

8

♦17%

34% Apr 14

Sep 14
3% Dec 31

3

Jan

104

57

40

76% July 21

11% Dec

-

Oct

48

6% Dec

60I

1

*

9

Jan

&

*72 y4

1

46%
*11

10%
47

11%

10%

10%

10%

10%

1,400

47%

47%

47%

48%

3,600

11%

•liya

11%

300

25%

25%

13,500

24%

25 y4

24%

25 y4

25%

25%

*72y2

73%

.72%

72%

72%

73

25

73%

900

*11 Va

11%

•11

8

73

*72%

180

G
4% Sep 15

30

8% Jan

4

May 15

19% Dec

15

6% May 15

8 % Jan

8

15% Sep
6% Sep

33% Dec 30

*15

7% Mar

Co

20% Jan 28

oair

15

8% Apr
38% May
27% Jan
28% Jan
23% Jan
7% Mar
37% Mar

Gamble-Skogmo

13
19

Co

1

Inc

(Robert)

36

Apr

16

39% Sep

5

18

May 15

26% Dec

31

20% Jun

22% May 20
5
22% Feb

26% Dec

15

34% Dec

8

5% Sep 18
32% Nov 17

8% Jan

22

21% Sep 21
22% Sep 15
3% Sep 14

41% Jan

22

25% Sep

24% Oct

15

33% Jun

25

Gaylord

Container

21

31

27

21% Aug 31
Dec 22

29% Mar 24

26% Feb

20

27% Jan

General

American

14

98% Jun 24

104% Feb

6

40% Dec

18

5%

5%

19%

19%

20%

7%

7%

7%

11

Apr

149

Jun

3

105% Oct

9

63% Dec

11

31

Sep

17

13% Dec

31

10

Nov

28

142

Nov

12

15% Feb

27

9% Jun

13

159

Feb

7%

15

70

74

Jan

8

79

May

Jun

10

33

May 6
29% Sep 16
16% Jun 10

9

Dec

22

20% Dec

15

Jan

9

124% Dec

1

20

Garrett

12

Gar

Corp

Wood

28

25%

25%

6,100

22%

11,300

100

103%

103%

*103%

104

•103%

104 v*

170

Amer Transportation—2.50
Baking Co common.
5
$8
preferred
No par
General Bronze
Corp
5

38%

38%

38%

39 %

38%

39

38%

38%

6,800

10%

10%

10%

10%

10%

10%

10%

10%

3,800

General

78
Jan
8
35% Mar 25
19% Jan

Cable

1st

4%

7

16

conv

88% Jun

18

9

113% Jun 22
106
Jun 11

Feb

21

69% Dec 30

53% Sep 15

119% Jan

11

125% Dec 29

x94% Jan

3

Jan

2

2

118

Jan

105

Apr 18

50

125% July 28
120

Dec

'> 61% Dec

112% Jun

2

2

21%

4,600

10%

11

5,000

♦71%

72

*71%

73

73

71%

71%

146

*144

100% Dec

22

24% AUg 15
50

16% May 14

24% Aug 29

3% Feb 20
3
20% Jan
25

114

Nov

24

34% Feb 20

31%

31%

31

31

31%

31%

700

20%

20

20%

20%

20%

*19%

19%

3,700

123%

123%

124

123%

•123%

11%

10

31%

19%

,

11%

11%

11%

11%

123

124

11%

11%

11%

124

38%

38%

38%

39%

38%

39%

41%

41%

41%

41

41%

41

41%

1,700

90%

89%

90%

89%

90%

89%

90%

25,200

General

Finance

Corp

10%

10%

10 %

10%

10%

*10%

10%

Foods

1
Nopar

10%

General
>

38%

'59%

59%

3,300
2,900

♦93%

95

$3.50

9

2

5%

14

common.

preferred
convertible

General

5

$5

Motors

preferred

59%
95

10%

10%

62%

.62%

121%

121%

100
100
0

*124

—No par

3%%

4

Corp

95

1
Nopar

com

59%

No par

Corp

preferred

♦122

preferred

Corp

common

—

-

62%

126

,

62'

*121%
125

59%
«

10%

10%

:

62%

10%
;

59%
95

95

" *62

-

' y59%

.

.

122

*121%

123

♦124

591/2

\

62%

125

,

128

*122

125

4% Dec
27% Dec

64%

64%

80,800

122%

122%

122%

122%

122%

♦122%

123%

500

97%

97%

97%

I 1,700

24

24

24

50%

50%

50%

1,900

97%

97%

97%

97%

97%

23%

23%

23%

23%

49%

49%

50

50%

50

21% Sep

15

27% Mar 23

General

28

28%

28

28%

27%

27%

27%

27%

8

59% Dec 21

$2.90

60%

60%

60%

60%

♦60%

60%

60%

60%

8

3% Dec

10

1

23% Jun

10

Dec

29

25

Sep

Sep 30

126

Dec

10

93

May 11

Jan

18

4% Jan

5

29% Dec 28

37% Jan 16
100
Oct 21

.10c

3%

3%

3%

3%

3%

3%

28%

28%

28%

28%

28%

29

28%

29%

22,800

28%

28%

28%

28%

29

28%

29

General

Public

Service.

preferred

5%

♦101

100

10c

12%

21%

21%

20%

21%

21%

45% Dec

17

61

25

104% Jan

7

86'/a Dec

30

Apr 23
96% Mar 16

General Shoe Corp

Jun

2

35% Dec

4

34% Jan

6

45% Nov 25

Gen Steel Castings $6 pfd
Nopar
General Telephone Corp
20
General Time Corp common.No par

92

27

Dec

22

35% Jan

100

Jan

26

102% Jan

2

25% Sep 22

3

99

Sep

8

3

22% Sep

15

24% Oct ,15

31

Apr

Jan

3

89

Mar 10

71% Dec

31

77% Feb

18

74% Dec 16
69
July 29

14% Nov 10

23V* Jan

5

9% Oct 28

34% Sep

81

25

32% Jan

2

93% Apr 22

99% Oct 28

96% Jun

23

14% Nov

18% Jun

12% Sep

15

30% Jan

9

14

79% Dec

30

X86

Jan

18

15

23

Apr

32% Oct 27
7% Sep

15 % Oct 27
65% Feb 20

General

Refractories

31% Feb
100
'

Sep

2

18

34% Mar 11
85

May 11
Dec

1

I8%<*an

15

49% Dec

14

76

106

Dec

16

16% Mar 25

8

79% Apr

Dec

1

10% Sep

13
23

82% Oct
21% Jan

42% Jan

24

27% Oct

14

38%M{ar20

8% Jan

18

6% Dec

15

8% Jan 20

8

124% May 24

30

Realty & Utilities

3

138

Nov

24

130% Jun

30

18% May 22

11

77% Dec

60% Sep 21

30

Sep

14

139% Dec
19

Mar

80% Jan

2
9

4%%

preferred

4%%

preferred
3%% preferred
Georgia-Pacific Plywood
Gillette
$5

(The)

May

5

Jail

3

6% Nov

17

104

49% July

54% Dec

31

43%Sep

Sep
10% Jan

15

102% Jun

2

4

4% Dec

29

Dec

29

3% Feb

8

9% Feb

108
60

15

69

108% Feb

23

6% Jufn

2

27% Oct 30
18% Oct 25
*92% Sep

9

27% Feb

21

Jan

600

14%

7,600

81%

200

2,300

12%

12%

12%

33%

33%

34

(B

F)
&

98% Jan

28

Grant

2

99

18

Aug 14

31% May

8

39

Dec

16% Nov 28

14% Jan
52

Nov

30

66

57

45

Dec

29

68% Mar 25

Gt

17% Oct

1

19% Mar 27

Great

13% Jan

2

46% Feb

27

16% Dec

22

137 % Dec

30

61% Oct

31

Dec

19% Mar
149

Jun

23
4

27

16% Jan

5

128% July 17-

19% Nov

141

Nov

Mar

7
27
9

2

Co

preferred

56%

56

56%

13,500

106%

106%

107%

*106%

108%

107

L06%

4

106%

107%

4%

5

5

53%

53%

53

53

29%

29

29%

29%

29%

29%

29%

29%

29%

2.600

1%

1%

1%

1%

1%

1%

1%

5,100

1 %

1%

5

7%

7%

♦7%

7%

35%

35%

35%

♦35%

35%

35

35

15%

15%

15%

15%

15%

16

16

16%

16

16%

100

88%

88%

89%

89%

90

90

•89

34

33%

33%

96

96

96

5

34

*95%

18

*56

49%
18%
136%

7%

8%
30

8%
30

33%

33%

33%

97%

*96%

97%

10

8%

8%

8%

*8%

8%

2,600

30%

70

*29%

30

30

18%

18%

18%

18%

18

18%

17%

18

4,500

57

56%

56%

56%

57%

58

59

58%

59

5,200

49%

49%

50%

49%

50'/a

49%

49%

49%

50

7,800

18%

2,700

18%
137

18%
137

18%
137

18

18%

18Ya

137

137

18%
♦137%
*71

*21%

21 %

21%

13%

13%

13%

13%

91

91%

4%%

preferred

♦71

137%
*71

79

21%

79

18%

18%
138

13%

7

*30

30

21%

95% Jan

1,800

33%
•96%

13%

87% July 31

700

400

8%

34

21%

(The)

2,100
5,200

97%

34

13%

Corp

*71

90

400

*96%

21%

Common

100

*89

90

Greenfield Tap & Die Corp_.No par
Greyhound

7%

7%

35

12.50

7%

32%

4

7%

53

35

7%

32%

14% Dec

*52%

35

32%

2

2,000

5

54

No par
5

100
Inc

600

5

5

54

1 %

Ry 6% pfd
Nopar
Sugar com.—No par

Co

107

5
54

*71

L)

5

5

29%

100

—

Green Bay & Western RR
(H

9,500

*53

x32 %

18




55%

33%

19% Sep

I

56

79

12% Jan

26.

55%

33

22

page

55%

55

32%

Nov 28

see

6,600

54%

54%

31%

13

7

13%
80%

1

26% Jan

96% Apr

12%

79%

79

11% Jan

Foi footnotes

13%

79%

Western

19% NOV 10

f^93% Sep

common

preferred

Green

5,600

3,200

150

12%

8%

8

23% Mar 25

♦145

79%

29%

2

Dec 31
40% Jan
2

145

13%

8%

67% July

78

•141

79%

29%

41% Jan

64% Apr 15
29% Dec 22

145

13%

1

7%

♦141

79%

conv

Northern

145

7 Va

13%

preferred
Nopar
Gt Northern Iron Ore Prop—No par
Great Northern Paper Co
25

$2.25

7

79%

10

Grayson-Robinson Stores com

Mar 28

36

(The)

preferred.,

(W T)

3%%

7

13%

Nopar

Graham-Paige Motors.
Granby Consol M S & P

cum

7

78%

No par

& Co..

Union Co

7

10

Nopar

Hosiery

(W R)

7

10

Nopar

preferred

5%%

♦140%

7

Rubber—

Common
$5

7

100

...

Granite City Steel common

39% Mar 17

81%

12%
33 %

5

22

♦80

12%

33%

20% Jan

30

81%

12%

33%

15
15

Dec

*80

12%
33

14% Sep

7

80%

12 Va

32%

24% Jan 30

28% Dec

80%

Nopar

*80

2.50

Gotham

5,400

107%

14%

Grand

22

47%,

47%

(The) common__No par
Goebel Brewing Co
1

Tire

90

7,500

107%

9% Feb 25

4

11

14%

preferred

Co

17,000

47%

34% Dec 3o

97% Feb

78%

107%

18

34% Dec 31

10%

11

31

74

14%

19

29% July 16

10%

*73

74

47%

6% Jun

86% M*y 22

11%

*73

107%

26% Jan

10

10%

74

102

14"%

15

May 26

11

*73

78%

47%

Grace

34% Dec

10%

Glidden Co

11% Mar 17

91

74

30%

107%

Gould-National Batteries Inc..

85% Oct

•73

*98%

31

78%

14%

33% Mar

30

'•78%

47%

61% July 21

104% Jan

78%

107%

1
22

2% Mar 25

78%

14%

May 26

33

78%

102

47%

29

4

30%

107%

Dec

1

♦98%

31%

13%

Dec

49

102

31%

47%

24% Sep

8

Oct

2

26%

26%

♦98%

31%

*106%

Goodrich

4

26%

26%
102

1,100

5

Gold & Stock Telegraph Co
Goodall-Sanford Inc

9% Jan 20

1,200

26%

.

..1

common—

common

7

Mar 19

26 %

26%

*77%

1

Gleaner Harvester Corp

Goodyear
40

10,600

45%

26%

100

5

31

180

45%

87%

45%

preference—No par

Co

convertible

Girabel Brothers
$4.50

88%

87%

45%

31

TOO

Co

41%

88%

88%

45%

•98%

40

41

41%
♦87%

45%

41%

1,300

4,300
1,900

45%

41

41%
87%

45%

2.50

com.

21%

87%

♦41
"•

100

General Tire & Rubber

41

12%

21

21%

29% Jan

General

102

12%

12%

36% Feb 21

16

♦101

102

Nopar
1

Dec

25% Feb

15
40% Nov 12

♦101

12%

19

8ep

102

■12%

2

25

28%
*101

12%

4

3

14

102

3%

3%

12%

Dec

20% Jun

2

1,300

General Public Utilities Corp
5
General Railway Signal com.No par

Eqp Corp
1
convertible preferred-No par

10% Jan

9

■

10,700
1,300
25,300

Precision

11% Sep

8% Jan

400

63%

64%

*23%

series

610

63%

Nopar

$3.75

1,800

64%

General Outdoor Advertising-No par
General Portland Cement Co
1

'Preferred

300

6,400

63%

64% Mar 30

i

18,600

'

95%' 95
10%
10%
62
■; 6i%
"*121% 123
,

.

10%

99% Jan 14
25% Feb
5

36

70

3,600

88%

91
Sep 15
21% Sep 15
42% Aug 31

10

10

31%

55% Dec

20

30

41

Mills

89% Feb
123% Jan

21%

11

38%

General

Jan

21

lOYa

Nopar

61

119

21

11

145

Co

Instrument

124% Jan

21 %

10%

145

Electric

General

Jan

21

10%

145

*71

,

Corp—
preferred

14% Mar 19

'

145

21%

10%

General Dynamics Corp common..3
Preferred ($2 cum conv)„Nopar

16

84% Jan
;

145

21

*144

50
No par
100

Inc com

104

General

46% Mar 24

9% Dec 31

preferred—

i04

200

Contract

series

6%

92% Dec
3
11% Feb 26

15
50% Jun 23

2nd

*28

50
1.66%

No par
100

com

preferred

7%

48% Mar 24

6

July 28

Corp
preferred

General Cigar Co

2

preferred
Corp

Investors

preferred

4%

2

11% Dec

convertible

$4.50

Mar 25

129% Apr

17

29

♦28

500

99

9

Jun

12,800

28

28

52

3,500

4%

22%

31

9

26%

4%

25%

66% Apr
8% Sep

60% Dec

25%

4%

22%

35% Jun

v

25%

4%
25%

19

8

25%

4V2

22%

19

96% May 22
11% Dec 12

25'%

2,100

25%

31

53% Dec

23%

28%

72% Dec

3

23%

22%

48% Dec

Jan

23%

25%

45% Dec

Apr 18

4%

*23%

28%

14

6% Jun
5
62% Oct 20

25%

4%

200

25%

22%

16

41

25%

4ya

36

25

25%

64% Feb 20

;; 90

.

23%

•35

24%

24

29

37% Jan

11% Dec 22

1

com

23%

24%

2
Inc

23%

2,500

36

*35

24%

36

22%

24% Jan

4

(The)

Industries

24

23%

-5

35

24%

41,400

7%

25%

4%%

5

General

7% Jan

Co

♦35

34%
24

50
No par

7,100

20%

7

5%

com—1

12

Dec

117

preferred

(The)

Gardner-Denver

10% Not

115

Co

27

155

1
5

9% Sep

convertible

Gamewell

6%

20

7%

7%

14

15
19

17% Jan

5%

2

5%

20%

20

Mar 24
22% Mar 17

14

18% Aug 14
11% Nov 28

X29

16% May 25

Juiy

10

5%

5%

19%

General

July
51% Jan

i

common

General

14% Mar 18

102

,

common

Inc

*5%

1

5

(The)

15

138

210

79

7,200

32%

33 %

21 %

21%

21%

500

13%

13%

13%

16,700

92

92

92

.

—

3

100

92

92

*91%

92

*91 %

130

19

X
1
20

The Commercial and Financial Chronicle

...

Monday, January 25, 1954

(408)

continued-Page t

NEW YORK STOCK RECORD

Highest

19% July 28

29

28 % Jan

23%

23%

24%

23%

24%

1

4%

4%

4%

4%

47b

474

1,000

Mobile & Otiio RR cohrNo par

28 %

29

28%

29%

29 %

29%

23%

29%

28 %

29%

6,300

79%

70%

71

72 %

71%

71%

46%

4614

47%

47%

47%

31

8% Jun

9

Guantanamo Sugar

29

38 % Jan

5

Gull'

Feb

27

77

Nov

28

66% Sep

21

77

5

$5

46 7 e Oct

16

58% Jan

25

41% Sep

14

50% Mar 27

Gulf

63

Jan

20.000

23%

4 % Dec

23

Shares

Jan. z'i,

4%

13 7b Mar 21

38% Dec

Jan. zl

23%

10

20

the Week

Friday

Thursday

4%

Dec

Feb

Sales for

I»RICES

Jan. JcO

23 %

31% July 15

25

SALE

Wednesday

Jan. 19

23%
5

1

Corp

25

26% Dec

HIGH

Tuesday

Jan. 18

Par

23%
*4%

Aircraft

Grumman

23 7b Apr
7

AND

Monday

stock

exchange

Highest

Lowest

york

new

Range for Year 1953

Year 11)52
Lowest

LOW

stocks

Range for Previous

preferred
Oil

——

■_

'*69%

No par

—

4646%

25

Corp-

*71

46%

*71

47 %

400

72

47%

44,100

27%

5,400

Gulf States Utilities Co-

28% Dec

16

Common

1

103% Jan

16

$4.20

24

105% Jan

8

preferred
$4.40 dividend preferred

Jan

8

$4.44

Jun

3

103

7

90

July

98% Jan

2

106% May 20

92

Dec

16

97

33% Dec

24

32% Sep

15

36% Mar

23•'/» .Sep

li>

3u% Dec

30

Halliburton

Oil

2

18% Dec

31

Ilall

Printing

14

Jan

23

Hamilton

71

Jan

30

105

Dec

16

May

105

Jun

26%

;———No par

22

20

97'% Jan

2

July

105

dividend

26%

27

27

26%

27

26%

*101

102%

101%

105%

104

104

*104 %

105

27

26%

102

2,020

104%

*104 %

105

30

105%

*101

102%

*104

101% 101 %
*104
105%
*104% 105

loo
100
preferred——100

dividend

*105

105%

102

102%

10^%

_

105%

-105

*105

H
30% Mar 26
15% May 26
11% May 29
68

May 26

*14

Nov

19

102% Jan

23

26% Oct

23

139% Oct
21% Oct

2

23

5% Oct

29

Oct

30

33

9% May 20
6% Apr 15

19% Jun

16

28% May

1

80

Sep 18
29% May 12
93

% Mar

4

21% Apr

30

34% Apr

26

17

Oct

29

66% Oct

31

120% Feb

17% Jan

16

3

81

Feb

19

17% Sep

18

5

142
26
6

Jan

16% Jan

5

8

105% Feb

10

15

31

Feb

2

9
29

145

100

131

21

July

22 % Dec

July 29
% Jan
4

36% Mar

15

Jun

22% Sen

12% Sep

9

Jun

34 % Aug

107

Jan

11% Aug 27
61% Dec 30

18% July 16

4% Sep

14

31% Dec

1

24

14
23

17

2

21% Dec

7

78% Jun

15

31

Jun

22

34% Jan

22

May 20

91

Apr

20

97

21

21 % Dec

29

26% Feb

14

38 % Mar 13

34% Dec

38% Sep
3
21% Mar 31

15

29

14

Mar 27

14

12% Sep

11

18% Feb

2

Aug 19

73% Jan

.7

91

2

22

26% Jan

14% Oct

31

24% Jan

7

Jan

2G

62

14

72% Sep

107% Jan

53% Apr

23% Sep

21% Oct

26

4

9

3

7

14

Feb

12%

5%

5%

5%

5%

5%

5%

57b

Co

3%%
Heinz

Helme

(G

W)

6

1

39

15

32% Dec

23

Apr
69% Feb

7

44% Oct

2

47

Oct

5

60 % Sep

30

66% Dec

19

55

Sep

22

94% Jan

2

7

90

J un

16

33% Jan

2

102% May

103% Oct
12% Oct

24

32% Mar

21

41% Jan

30

Mar 25

Jun,19

24

Houston
Houston

Oil & Texas

29% Dec

14

15

79

19% July 28
25% Aug
6
5% Aug 11

14

Dec

29

17% Jan

7

Howard

9% Sep

14

21% Jan

6

3% Nov

Is

7

Oct

16

36% Oct

7

8

Mar 11

14%

1474

1474

147b

*69

71

69 %

69%

85%

*84

85

84

84

84

84

83

83

19%

19%

19%

19%

19%

1974

19%

19%

19%

2,800
100
210

3,300

10%

1,200

11%

3,300

5%

5%

400

*14%

14%

14%

14%

*14%

15%

*1478

15%

147 b

15

*25%

25%

25 %

25 %

25%

25 %

25'%

25 %

25%

257%

35 %

*34%

34%

34%

33'%

337b

337b

34

2,000

.57%

57%

57 %

57%

56%

57

57

5774

58

59

2.300

com—5

58%

58%

53%

58%

5874

59%

58

58%

58

58

300

*96%

97%

96%

96%

96%

96%

97

9874

*98%

99%

*108%

109%

103 %

103%

600

14%

1474

147b

14%

4,400

33%

33%

33 %

33%

700

48%

4874

43%

48%

1,400

34%

5

34

110

109

110%

110 %

110%

14%

109%
14%

14%

14%

14%

14%

33

33

100
No par

33

33

33

33

4g%

49

48%

48%

48%

49

88

87

88 %

88%

88 %

88
,

95%

*95

103

*102

95%

95%

103

103

*32%

*32%

*32

*31%

*95%

*95%

97

*89

90

97

*95%

104

*102

104

'•'102

*88%

*102

700

120

97

220
20

104

29%

28%

29%

29%

29%

29%

2974

29%

29%

66%

66%

67

68%

69

70%

69

70

697b

70

1

15%

15%

*15%

15%

15 %

15%

*15

1

& Manhattan

29

12%

12'%

12%

12%

12%

13

common—100

3%

3%

4

*3%

*3%

3%

3%

12,000

5,200

*15%

37 b

400

137b

30,600

*3%

13

1574

127 b

1574

12%

140

90

25

(Del)

700

374

1,200

8%

*7%

8 %

874

*7%

8%

*39%

39%

39%

39%

39

397b

39%

39%

4,200

2

11

11%

11%

11%

11

11%

107«

11%

10%

1074

33,400

8

Hunt

G.66%

*13-%

13%

13%

14

*14

14%

14%

14%

5% Mar 19

Hupp

21

16% Jun

16

21

12% Dec

29

19% Jan

Jan

8

4% Dec

16

2% Sep

May

1

24% Nov

28

18% Sep

14
15

24

19

.

15%
71

39%

9% Sep

Dec

27

15

*69

*7%

66% July 31
17% Dec
3

3

*26 %

15
71

14%

391/4

12

17

18

26%

26%

27

11%

Stores Corp,

Hudson

200

27

100

28

4

27

*26%

Hudson Bay Mill & Sni Ltd—No par
Hudson Motor Car
12.50

9% Apr
62% Apr
12% Feb

Jan

700

200

*5%

Howe Sound Co

Apr

May

41

53%

5%

preferred
Light St Power

1

22

Sep

*40%

*52%

*5%

preferred

Jun

41%
53%

5%

preferred—

54

41

53%

*69

19%

50

5

22

40%
53 %

No par

13

11

40%
x53 %

10

Co

99% Jan

23

26

85

300

40%
53%

40%
*53

15

—

500

3,000

71
123

30
12.50
No par

103% Jan

Dec

19
30

1474

70

*5%

preferred

103% Dec

18% Apr
68% Oct

4

4%

1474
123

5%

100
100

3%.%

1474

71%
123

*122

5

July 17

4.40%

70%

71%
122 %

5 %

3

93% Feb

*14%

14%

71%
122%

71

85

Household Finance common—No par

9

36%

*10%

24

91

*36

10%

& Sons

96

36%

*36

36%

400

117 b

30

00% Jun

2,400

11%

57% Feb

Mar 25

20

22%

22 %

*10%

3G% Jan

May 16

9474

22

10%

29

96

94%

22%

11%

July 20

102

96%

22%

11%

Dec

3

*94%

11%

42

11

96%
22%

11%

32

23

*94%

11%

8

Dec

33%

*69

$4.20 div 2nd pfd ser B—No par
Houdaille-Hershey
common
3
conv

33%

11%

preferred

$2.25

34%

10%

18

Aug

*33%

10%

35% Jan
49

34

86

5

Oil Corp
Electrochemical

$4.25

34

22%
*83

10%

15

Nov

3% May 15

4

2,100

86

10%

Sep

Jan

28

Feb

26%

3,100

227b

18%
23

*83

io%

Co

Furnace

Hooker

17

*26%

19

18%
23

86

*14%

12

94

13

2

*53%

19

18%

*31%

Honolulu

31

40%
53%

2,100

23

*14%

123

57%

18%

*36

71 %

70%

2,100

23

15

*14%

10

13%

*83

36 %

*122

1,300

33%

13 %

5%

*

]

preferred
Homestake Mining

Dec

116% Mar 19

7

40%

22%

22%
*36

1,700
2,300

5
10

(Charles E)

conv

64% Jan
102

Corp
Paper Co

123

*122

5

19

88

16% Nov

41% Mar 10
58

14%
70%

14% Nov

103

18% Nov

30

14%

Daiich

(A)

96

70%

Holly Sugar Corp common
5%

*94%

No par

preferred series A
100
$4% cum 2nd i)ld (conv)—No par

Hollander

96

No par

3%%

Hotels

34%

22%

Heyden Chemical Corp common—J

Hilton

*34

36%

Inc—

Hewitt-Robins

35

22'/a

,

23%
86

*35%

5%
preferred
1
100
Hershe.v Chocolate common—No par
4%% preferred series A——50

19

23
*83

10

Motors

18

Dec

*94%

%

86

_—25

preferred

Powder common

Holland

25

100

common—.

non-com

9

29% Mar 21

25

Co common

5%
19

19
23

preferred

22

4

18%

23%
*83
*34%

Co—

preferred

3.65%

7%

5

,—15
100

Glass

common

(H J)

31

*26% Jan

24%

—2

Hayes Mfg Corp—

10% Doc

2

26'%
133

57b

27

7% Jan

24%

24%

57b

19% Oct

17% Mar 23

*24%

24%

23%

'*327b

Marx

&

1,200

105 %

5%

Hinde St

28% Jan

133

*131

26%
*131

133

13%

Hires Co

11

24

*104

26%

26
*131

33%

10

30

132

24

105%

*104

26

25%

5%

16

Sep

23%

104 %

*104

13'%

D~c

4% Dec

25%

*131

132

*131

25%

*32%

Dec

14

100

104 %

*104

5 %

12% Mar 11

4

25%

*25%

400

15 %

13%

20

20% Apr

104%

*104

15

com_s

147b

33%

33

30

147b

14%

5%

6

29

*14%

14%

14%

13
66

13%

5

Oct

14%

14%

13
*65

*32%

16

Sep

66

5%

8% Sep

7

13%

*65

13%

15% Jan

16

*13

66

32%

22% Jan

Mar

13%

*65

5 %

5

22% Apr
11% Jan

13%

66

13

21

16% Mar
22% Nov

13%

*65%

32%

11% Mar 31

21

May 12

*13%

66

5%

17

18

600

13%

*65
14%

No par

coin

33%

9% Dec

14% Jan

5,800

17%

5%

Hercules

,

30%

17%

*34%

35%

*32
12%

Hercules

44% Feb

30

17%

*34%

Corp of America common-—1
preferred
50
Hayes Industirps Inc
;
I

6

126% Jan

30%

17%

4 % %

10

17

300

30

17 %

Hat

74% Jan

15

35 %

30%

*17%

*

x23%

20% Apr

Jun

35%

29%

17%

-

—10

2

37% Sep
48% Jun

35%

30%

17%

preferred

15

113

7

74

5

35%

30%

17%

Refrac

Schaffner

60% Sep

22

53% Oct

6%
Hart

13% Dec

5

42% Feb

Jan

Co

Harbison-Walk

Hazel-Alias

7

35%

30 %

*17%
*13

Co

preferred———100
Hammermiil Paper Co—
.2.50
Hanna (M A) Co $4,25 pfd—No pur

Hecht

3

x78 % Mar

Watch

5

May

35 %

'30'A

5

25

Well

conv

9

Nov

2

4%

*35

Cementing—5

Water

F)

2

Mar

90

24% Dec

(W

Nov

21

34
100

Hackensack

29% Jan
87

126% Dec

82% Dec

8

Sep

30

21

Apr 24

Jan

Dec

Jan

32% Jan

37% May 21
51% Jan
9

70

7% May 20
36

8 % Mar 12

5

7% Jan

2

14% Mar 20

11% Jan

23

Feb

26% Aug 13

2

1
26

12% July

5

14% Mar 11
59% Feb

2

Jan

17

8

Jan

5%

preferred

noncum

Inc

Foods

1

2%

2%

2%

2%

No par

Corp—
'
Hussman Refrigerator Co

x22%

22%

22%

22%

*7%

8%

*8

%

2274

2

22 %

300

27b

2%

22%

2%

2%
*22

14%
27b

3,000

22%

22%

1,000

*14

■

l

I
36

46% Dec

31

88% Dec

Apr

64% Jan
95

23

109

Dec

*35% Apr

42% Dec

10

45% Feb

50% Apr

17

*47 % Jan

8

62% Aug 21
6% Sep
33%

18

May'

1

4% Oct
62
81

Oct

30
23

Feb

20

155% Jan

28

41% Oct

101% Sep
35% Jun

17
30

51% Jan
29 % Jan

23% Jan

3

186

Apr

22

29% Oct

22

160% Jan

2

96

Nov

94
3 %

May

4

137% Aug
14% Jan

1

55% Dec
105

Apr
12% Oct

6 % Mar 16

56% Jan

;7

101

Jan

28

165

Dec

23

Jan

5

7

33

76

Dec

31

1% Oct
,

15

7

,34% Dec 28

47% Jan

1

14

May 29

57

Jan

36% May 16

40

Aug 15

47

61% Feb

16
18

10

10% Mar 17

29

64

May 29

29

55

41

Jun

16

25% May
22% Apr

26% Nov

3

24

Jun

10

31% Dec

18

35

4

28% Oct

8

33% Jan

22

32% July
2
10% Sep 30

23 % Dec

29

9% Sep

15

100

_

36

29% Jan

19

29

11

27

Jun

16

41% May 21
31% Mar 16

22% Jun

15

26% Mar 16

Iowa

30% Jan

Island

39% Feb

5

15% Dec

22

141% Jan

13

109% Dec

10

20

5% Jan

19

2

26% Aug

15

12

3
,

Sep

15

17% Oct

14

17% Aug 31
2

90

15

100

19

Jun

3

May

9

78% Jun

9

82

July

7

34
Apr
88% Jun

130

6

Feb

11

6% Dec

16

25

May 12

25% Mar

9

89

Feb

23

43

Nov

19

101

Jan

16

26

I

6

(F

Utilities

conv

I.)

Tea

Co

32%

3174

32'4

12,100

80

*79

80

80

*80

103

6%
47%

47

10%

10%

56%
*102%

56%

133

133

400

83

2

1.500

35%

35%

36

25,200

*133 %

133'%

133 %

134

2

530

10%

56%

107/b

11

10:%

10%

13,800

57%

10%

57%

57 %

577b

58%

14,600

10 4%

104' %

100

107

*102%

7

6%

6%

67b

67b

674

49

48%

48%

48 %

48'4

4774

48

*45 7 s

47

48%

103

*104

103

7

*45%

47

674

300

380
500

45%

46

46

45%

46

38%

38%

38

38%

38

38%

38%

38%

38%

387b

3,000

40%

41%

41%

41%

40

40 %

40

40 %

40%

41

1,000

34%

*32

34%

*32

34%

par

0
25

34%

*32

*32

*32

34%

15%

15%

15

15%

147b

15

30-%

30%

30 %

30 %

30%

30%

30 %

31%

*31%

32 %

31%

31%

32%

32 %

25%

25%

25%

25%

*25%

26

*25%

107 s

11

10%

11

10%

107%

33

32

32

32 %

32%

900

14%

14%

30

30%

30

31%

31%

31%

14%

%

15%

52,700

2,500
1,000
600

26

No par

31%

31%

32

32%

*32 %

Co.No par

30%

30%

30%

30%

30 %

30%

30%

30%

307b

30%

3,100

10

Eleo

25%

25%

*25%

25%

25%

25%

25 %

25 %

25%

25%

1,900

18

3,500

119

10

50c

Co

,,—.1

preferred

1

100

57% Aug 31
50% Feb
9

74% Jan

2

Johns

7

66% Dec

8

Johnson

21

19

Sep

14

24 % Jan

5

Oct

16

Jones & Laughlin Sleel com

2

82

Sep

18

86

3

31% Oct

30

90% Apr
38% Feb

29 %

Sep

14

39% Mar L?

Joy Manufacturing Co

30% Mar 12

Kaiser

aY%
42%
*98

119

5%

5%

17%

119

5%

197b
21

21

8774

87'A

88

43

ioi

427b

42%
*99

101

42 'A

preferred series A

*88

427 b

43

67%

69

67'%

69%

69

63%

63%

637b

64

64%

647b

10

21%

21%

21%

217b

21%

21'%

87

877b

88'%

887b

89

33%

33%

337b

34

337b

1

69 7

6 9 7b

12 %

100

57b
*19 7 b

5%
20%

20%

21

87%

88

43

43'%

*99%

100

*99

101

*99

5%
21

88'%

20'%

88'%

*88

*117

20'A

*5 7b
*20

20

21%

17%

18%
119

*117

572

20 7b

21

*1974

1

__

18 %

18%

*117

21

20
,

18

17%
*117

No par

Corp

Johnson.

5%

5%
21

pfd—100

common

117

20

1

Co

18

17%
117

...^par

Sulphur

71 % Jan

Manville

56%

56

133%

133

*80

2

2

35 %

2

36%

45%

1

Inc

10%

10

82

*80

82

11

25% Jan

18

31%

10%

30

5%

32%

10%

22

Dec

31%

10%

53% Oct
82

31%

25%

20% Oct

&

30%

1

Machine Co

33A%

30%

_3.50

Co

Jersey Cent Pwr & 1,1, 4%
Jewel

310

18.500

30%

26

Light Co

Lake

23,800

26 %

25

..25

Creek Coal common

Jaeger

30%
163

26

No par

preferred

Jacobs

29%
162 "4

26%

6%

Telep*& Teleg.No

Power &

Jefferson

29%

16274

2,500

No par

Corp
Iowa-Illinois Gas Sr.

$6

29 %

162%

5.500

26

*102%

common

Inter type

31

29%
162%

1574

26

No par

Interstate

30

29%

162%

90

92

260

26

No par

Power

15 %
258 %

6,500
8,000

26

,37%

Corp
pfd_.
Interstate Dept Stores—
cum

92

1574
261

29%

133%

preferred

International

92

15%
259

162 %

133%

International Salt

International

27%

25%

Canada eoni—No par

—.100

15%

26%

28%

1%

common-—7.50

*15%

162%

35%

Paper

22%

15%
26%

11,600

25%

1%

15

2274

207 b

29

36 %

Limited

43%

25%

1%

Packers

1,600

170

43

163

28%
163

5,700

98'%

15 %

*90

-15%
263

35%

14

Jan

15%

*167

4%
41

26%

*

92

*90

262

1%

preferred

$1.40

15%
264

*1%

preferred

7%

92

15%

36%

,

Int'l Rys of Cent Auier com
5%

*89%
263

100

International
$4

264

98%

43%

22%

26%

]

Mining Corp

18

30 % Mar

5

com

Preferred

International

25% Jan

3% Oct

62% Feb

Chemical

Sr.

preferred

28% Dec

19% Jan

Feb

4%

8

22

96

100

Hydro-Electric Sys class A—25

17

126% Oct

81% Jan

No par

preferred

26

4

30% Sep

Feb

common

91

262%

*3:lk

*4074

42%

15%

26 %

26%

4%
40%

*3%
39

22%

*15%

*15 %

15%

15%

No par

Harvester

Minerals

90%

No par

Int'l
7%

—loo

20

Machines

Iron

Business

Jan

6

25% Oct

preferred

Int'l

Silver

19

2

4%%

Intcrlake

22 %

15%
26%

22%

15%
26 %

22 %

*15%

5

22 %

22%

20

common

40

42%

42%

42%

No par
.

Inc

42%

42%

42%

1

Co

Shoe

Jan

8% Jan

Steel

Inspiration Cons Copper

International

35

13

Inland

International

20% Jan

Nov

___]()()

3

31

26

preferred

7

21

Sep

170

Jan

13% Dec

8

*167

40% Feb

30% Dec

30% May 19

170

54

36% July 24

24% Jan

*167

24

20% Dec

11,300

170

30

18

5,100

40%

*167

170

*166

90

9%

39%

98%

common

4%

-

8%

40%

99

98

52

87b

%

*98

38 % Dec

20

52

8%

8%

4%

36'% Dec

Feb

15

40%

99

2

33% Dec

% 8%
40%

40%

Int'l Nickel of

103% Nov

54

*3%

„

8,900

51%

*5274

54

98

Internal,ional

30

*51

54

*52

40%

5

Dec

51%

*52%

54

98

2

45 % Dec

9

45

6

*50

54

*52

42

8

93% Jun

9

53

*52%

52%

41

Jan

16

*50%

54

*52

98

2% Jan

26

51%

*52%

*3%

90

12% Mar 18
59% Nov 16

*50 %

54

4%

6%

200

417 b
50

53

41%

Ingersoll-Rand

11,800

52%

*50%

*3%

A—__
1
No par
;.

1,400

80%

*52%

41%

Indusfria Electrica De Mex, S

46%

113

*52

Indianapolis Power St. Light—No par

Co

Industrial Rayon

Int'l

132% Mar 11

417b

*48%

50

8%

Int.

15

*110%

41%

*48'%

v

40%

2

15

50

8%

26% Mar 24

9% Sep
47% Jun

41%

41%

*48%

7974

80'%
113

40%

39% Jan

128% Sep

41%

79%
*110%

8%

14

166% Jan

41%
50

80 %

40%

92% Jan

19 % Mar 11

41%

*48%

46 "2

46'%

46

46%
113%

79%

8%

Corp

254% Mar 17

50
50

41%

49%

41

*48%

40 %

*110

40%

Interehemieal

10

46%
79

111%

5

10

Jun

50
;

preferred

cum

26% Nov

5

25

3

Oct

4.42%

Illinois Terminal RR

ClLs

Jan

29% Feb

4

68

22

42% Dec 22

21% Sep
27% Sep

6
21

43% May 28

Oct

13

Insuransliares

Aug 13
13% Sep 15

May 15

48 % Jan

21

15% Nov 24

14

1

Oct

50

preferred

48

23

25

3

7

24% Sep

88% Jan

21

Apr

86

1

5% Jan

19
30

224

14

42% May
97% Jan

preferred

148% Jun

41% Jan

27

cum

4.70%

23

23% Dec

9% Oct

4.26%

23

Apr

4

19

7

3G% Jan
172

17

Dec

Jan

54% W<ir 11

15
15
July 17
21% Sep 15

29

16% Mar

2

52

13 %

24

31% Apr

40% May
130% Jan

2
18

No par

common

35% Sep
18% Sep

July 14

18

246% Dec

Sep

151

9

18% May
1
88% May 19
15% Jun 16

pfd ser A—100

preferred

52

%

78 %

111%

cum

11% Apr

46

78%

110%

4.08%

cum

47

77%

110%

5

Power Co

*46%

common.]00

Co

4

3% Dec

29

14% Dec

Illinois

RR
conv

Jan

38% Sep 23
84
Sep
1

19

1

22

20

Central

noncmii

50

34% Jun

25

4

21% May
11% Jan

16

48% May 19
7% Jan 27

64% Aug
5
96% Dec 29
164% Nov

18

6%

42% Dec

May

46

4

8% Jan

Illinois

49% Jun

May 21
55% Oct
6

41% Dec

Idaho Power Co

30
28

5

44

53

8% Jan

48 % Mar 25

88% Jan
113% Jan

40% May 25
65% Sep 11

19

Apr

2

697%

70

6,500

3,400
500

1,700
170

43'A

3,000

102
69 3

4

13,800

64'%

64%

*63 7b

64%

1,000

217%

2 J 7b

21%

21%

13,600

89

83'%

88%

887b

88%

710

34'%

34 74

347s

34%

34%

4,400

10,400

.

.

K
24% Nov

17

38% Jan

3

22% Nov

4

42% Dec

16

40% Feb

13

41% Nov

30

Dec

26

19% Dec

lQ

2% Oct

15

*8

Feb

5

8% Jan

2

49

5%

Alum
cum

St

Cheni

Corp

preferred tconv)

Kalamazoo Stove &

Furnace

27

27%

27% " 277b

27

%

28

27%

27%

27'%

23%

50

47%

47%

47%

47 %

48

47%

47%

43

43

10

3%

3%

*3'A

3%

*3%*

48

3'%

3%

*3%

For footnotes see nage 26




I

3%

3'A,

3,800
300

Number 5293... The Commercial oncl Financial Chronicle

Volume 179

C

NEW YORK STOCK RECORD
«•

'

•*

'

4-

Range for Year 1953

Highest

263A Jan

5
2

96

Jan

15

Lowest

10

30% Dec

87 Va Jan

95

Dec

33% Dec

14

10

95% Jail

13

92

Sep

11

100% Mar

98% Jun

1

May

16

Jun

YORK

18

105% Dec

3.80%

9

4%

93/4 Feb

683/4

193/a Sep

13% Dec

28

Oct"22

40'A Feb

1

40

Apr
Mar

71

City

5

21 % Feb

27

183/a Jan

114

2

70

Jan

26% Dec
25

7

80

8

Oct

21

50'/a Mar 25
31% Jan

543/4 Sep

45

9% Dec 23
7'% Jan

50

2

26% Dec
92f/2 May

1

9% Dec

'A May
21% May,
14

Dec

2

Jan

-* 8

Nov

16

24% Feb

3

16

49% Dec

14

Sep

15

111% Feb

9

Sep

3

Jan

22

78

Dec

14

31% Dec

35% Jan

5

29
8

57 % F-b

5

28

46% Dec

31

'

Jun

9

4% Dec

28

19% Jan

2

12

14% Dec

31

18% Mai

46

Dec

31

56 ;

18% Sep

14
21

64

Sep

8

86

7
4

Jun

95

Feb

11%.Jan

25% Jun

10

34

21% Dec

14

r

26

2% Jan

4

5

17% Jan

29

3% Dec

29
18

5% Feb

16

20

1 % Jan

7

6% Dec

16

14% Jan

1% Dec

2

16

Dec

29

25

Jan

7

23

61% Jun

/2

33% Sep
8% Jan

36

Nov

Hayes

100 »/4

*99

100'/4

105

104%

104%

39%

40%

41

413A

41>A

42

41

41%

36

35i/2

351%

35%

35%

*35%

36

35%

35%

18%

18%

18%

18%

183A

183/a

18 %

18%

18%

5

14%

15

14%

14%

6,500

14%

14%

14%

14%

14%

143A

6,500

17%

17%
68

42%

433A

Kimberly-Clark

No par

Corp

No par

com

preferred (cum)
Klng-Sceley
Corp
Kinney (G R) Co common.

prior

1
_1

preferred

No par

Koppers Co Inc common
preferred
iSS)
(S H)

Co

Co

4%%
Lee

'common—

preferred

Rubber Si

Lees

(James)

Tire—

6

9

773A Dec

17

preferred—!
Coal'& Navigation Co
Portland Cement

$3

Vailed RR 1

aoc

2nd

noncum

Si

I.ile

Savers

Liggett &
7%

Dec

11

58% Jun

Jan

15

48% Jun

25
26

27% Mar 27

Lionel

46% Mar 17

28% Sep

15

38% Mar

3

Lion

22

15% Sep

14

21'A Feb

4

66

Nov

2

14

26

75% Apr

18% Apr

15

11 »/2 Oct

28

24% July
18 'A Jan

23% Jan

30

31% Nov 28

64

17

18

26

4

Jun

20% Apr
10% Sep

1

15

74

Feb

13

293/a Nov

23

27

X27% Nov

14% Jan

Lily Tulip

102

Jan

101

2

July 14

107

Dec

24

106% Nov

21

w

20% Aug
Jan

3

33

Jan

9

55

Sep

15

67 Vu Jail

2

8

30% Dec

16

7

92

52% Feb

20

67% Dec

24% Feb

20

33% Aug
99% July

91% Jan

8

37% Oct

16

50

30

Jan

15% Jan

35 V* May 25

25

20%

20%

20%

53%

54

55

551/4

57

22%

2,2%

22%

22%

22%

8%

88

*86%

88

*86%

15%

1,600

16

800

52%

30

20%

21

21'A

1,800

55

56

54%

55

5,200

22 Vu

88

*51

22%

23

23

*86%

*86%

88

1,400

88

9 Va

9%

8%

91/4

29%

29V4

29'%

29%

29'A

14 %

141/3

14%

14%

14%

14%

14%

12

12

18

Vo

%

7%

7'A

7'A

7%

73/u

7%

29%

14

r7

15%
52

12

29%

7

*50

9%
29%

%

par

15%

15%
51%

34,300
3,000
.

6,500

U

li

5,500

7%

7%

2,200

'•2%

*2 »/4

2%

2%

2%

2%

2%

*2%

2%

500

1

35

35%

35%

35%

35%

35%

35%

35%

343A

35Vu

6,700

16

16

16

16

16

16%

16

16%

16%

16'A

1,900

*2'A

18%

18%

19

10

41%

423/a

42'A

7

9%

9%

9%

*39

39V4

64 Va

643A

156%

156%

19%

*39

19

19%

19

19'A

19'A

19 %

9,700

43%
'

43'A

433/4

43

43%

43%

43%

21,300

93A

9%

93A

9%

9%

9%

14,400

39 Vu

39%

64%

64%

1553/4

155%

64

1553/4

9%

39%

39V«

65

65%

1553/4

156

39%
65%

156'A

39

65%
157

600

39

65%

19,700

157

390

83

3,000

81

81

40%

*401/4

40%

22 %

22'A

21%

22 Vu

1,900

No pur

34'A

34%,

34%

34

343/4

34

34%

34

34%

8,200

Liquid Carbonic Corp com
No par
3%% convertible preferred—100

20'A

343/u
20%

20 Va

21%

21

21%

213/o

213A

21%

21%

15,400

Oil

Co„

Lockheed

4.75

Island

5.25%

69%

69%

69 %

70

70

70

70

27%

27%

27%

27%

271/4

273/4

27%

28 Vu

27%

28%

33,700

13%

14

13%

14%

13%

14%

13%

14

133/4

14

39,300

Co

29'A

10

(Md)

30%

4,900

24 Vu

24%

24 Vu

24Vu

24%

9,500

*109%

110%

*109'%

110%

*109%

110%

231/4

23V4

233/u

23%

23%

23%

23%

23%

23%

1,400

17'A

22,400

23 V4

17%'

10

106%

100

Co common
__

—

Louisville Gas

& El

Louisville

*104

Lowenstein

4'A%
Lukens

Steel

Wood

24%
147

—100

24

30'A

17'A

17%

17'A

106 3A

*106%

107j/2

*107

108

*106%

108

*1063A

108

1043/4

*104

1043/4

*104

1043/4

*104

1043A

*104

1043/4

1063A

*106

107

*106

107

*100'A

107

*106'A

107

310

8,800

25%
1.47

25%

24%
145

17%

243A

146

147

17%

17'A

25 V,

17Vu

25

24%
*147%

149

42'A

41

Vu

42'A

41%

42'A

42 Vo

61%

61 'A

60 3/4

61 %

61%

61%

61%

02

1

313/4

31%

32

32%

32%

32'A

100

*96%

97 Va

97%

*96%

97i%

413/4

41%

41V2

50

Inc coin

preferred series A

_

10

Co

41

41,

32

323/u

97%

*96%

*96%

42

41

41%

42

10

25

148

243A
*147

147'A

17'A

2'A

4

(Ky).Nopar

Si Sons

(M)

9

Co

106%

JO
—

Nashville

22

30'A

24%

110%

100

453A Jan

30'A

30'A

24'A

*109%

_100

Si

Vu

24'A
110'A

preferred series C
(P)

29

24

*109

No par

A

Lighting Co com

preferred

29%

29%

300

100

series B preferred--

7%

30

*68

-10

pfd series A

Lorillard

70

1,300

1

preferred

conv

Long Bell. Lumber
Long

*68

803A

No par

Aircraft Corp

97% Nov

May 25
36% Sep 15

30

5

20%

15%
*49

40

3

14

30'/a Aug

20

151/4
51

22%

5%

423/8 Dec

20%

15V4

5

22%

40%

5.25%

160'A Dec

50

*43/4
22

81

7

9

15 V4

*49

5

22%

80

9

10

10'A

*434
22 %

22%

1063A Dec

30

•10

|,

39%

106'A Jan

34% Jun

5.

22%

22%

6

23% Dec

10%

*43A
22%

5

393A

13

146% Dec

8,000

10

lO'A
22%

22 V,

5,500

81

14

Dec~18

25%

10'A

10

*43A

5

Va

223A

Jan

158% May 24
41% Dec 23

5

143

10%

10%
22%

14%

Corp.

May

3,700

29%

common

97

1,700

46'A

39%

Cement

101% Jun

50 V4

45%

80

Gas

110

50'A

46 %

22%

Star

12

50%

45 V»

40%

Star

Jun

34

50

45%

81

Lone

101

33%

50%

45%

33%

22%

Lone

Mar 25

33 Va

50

451/4

33%

570

39%

5

35 % Mar 26

33 Va

5oyu

44%

80

5,900

81

la

in

33%

50 y8

45%

82

32%

5

apr

14

33%

50%

81

32%

—2.50

Aug

15% Jun

33%

%

—

26

21% Oct

86 y4"

83A

—No par

Corp

(The)

34 'A Mar 19

2

85%

8%

_5

110

7

85%

No par

lo

17% Dec

33

5

15

43% Feb

82

32%

85%

8%

No par

Loew'.vlnc

5

82

22%

100

Cup

Corp

14% Mar 25

2

100

*80%

8%

4

uu

Sep

500

32

853/4

13%

pfd

103% Jun

'/a a

25

*31

32%

*86%

Link Bell, Co

21% Dec

35% Sep 24
19% Feb
9

47% Mar J 6

30

Jan

*243/4

3P/4

32%

29%

.Corp

May

1

243A

313A

53

Myers Tobacco com—25

43

16% Oct

24%

32

85%

1

preferred

49

10

24%

32%

25

No

1,100
2,600

109

85%

10

1st preferred

noncum

21%
493/8

*107'A

32%

No par

:

213/4
493/8

7,800

85

100

Valley Coal common

X12% Apr
33% Nov

14

*80%

49%

50

Si Sons Co common—3

3.85%

Lehigh
Lehigh
Lehigh
Lehigh

6

82

80%

21%
109

15'A

5

10

Aug

171% Nov

*31

4!)

*107

17%

85

*4%

50

39 V, Dec

5

10

24%

31%

80

21 :tA

109

22

1

——

Libbey-Owens-Ford Glass Co
Libby McNeill & Libby

29

*31

14,800

20'A

Lane Bryant

Lerner Stores Corp—

Jun

24%

24%

21%
49 'A

*107

26,200

423A

17%

80
32%

10

4

No par

4

Dec

49

109

69 'A

42 Va

44%

pfd_75 Pesos Mex

(The)

21%

48%

48%

68%

43%

50

No par

13

63

34% Jun

Gas

21%

21%
*107

17%
68%

33%

-No par

La ConsolJtlu'da 6%

49

17%
68

42'A

.

85

10

Co

Si Co

(The)

2iy2

107
24%
32y2

1,000

32%

100

10% Apr

155

74

*79

10

."

22% Mar 17

30

1

107
*24'4
*31%

100

eonv

3,600

'

67%

Lambert

10

200

39%

17%

42% Feb

15

106

43%

7

Dec

*104%

68 %

14

76

101%

18%

Products

173% Apr

*100

105

17

Laclede

10

1001%

42%

Kress

13,200

95

iooy4

67'4

Kroger Co

*94%

Shares

32%

105

17

Kresge

95

32%

39'%'

2.50

(The)—j.

29

*94%

43%

$5

32%

the Week

1051%

68

Fink

Jan

32%

Friday
Jan.22

IOOI/4

*104%

16%

Corp

38

32%
95

67%
42'/a
21%
48%

Lehman

13

*99

*

36

Wheel-

Lelm

Feb

*94%

1

22
12

32%

94 'A

104%

1

Co

18% Mar 27

>

32%

941/4

No par

6,

9

4

2

4 % Jan

30

Jan

42% Dec

160% Jan

15

Dec

14

17

Mar 24

22% Jan

22

33

27

3

32%

95

Copper
County Land Co
Keystone Steel & Wire Co

18

23

29

23

Nov

9

Dec

Mar~28

X33% Feb

18

% Dec

16%

7% May
1
35% Oct 28

(Julius)

Kennecott

Mar 12

29% Feb

' Juiy 14
7% Oct 23

22

Dec

5% Feb

21% Nov 23

1

10

25'A Aug 20

32%

*99

50

Kern

1%

Sales far

Jan.21

32%

24% Mar 17

47

8

l

12

19

13% Dec

&

5

19

Feb

Nov

21

5

Kayser

4%

-

Thursday

Jan. 20

8.75

preferred
Light Co

Kelsey

SALE PRICES

Wednesday

Jan.19

*941/4

No par

Kansas Power &

May 12
Jan

21

1% Dec
13

95

41%,

93% Jan

30% Nov 26

1

Mar 17

41% May 19

11

281/4 Sep

28

81% Dec 31

25% July 16
72% Jan 30

54y2 jviay
1
20% Apr 15
88

Jan

16% Dec

10

20 '/a Jan

8

47% Dec

24

7

Jan

25

37y2 Apr

8
6'

11% Mar

Feb
Jan

5

8% Mar 13
51% Dec

18

82
60

42% Dec 24

25

18% Oct

20'/a Jun

6

24

21

Oct

18

22 y2

97% July 30
5
39% Jan

34

14% Dec

39'A Jun

27

49% Jan

28

Mar 17

21

7

23

Apr

21

101

19

Apr

27

37% Oct

3

35% Oct

4% -non-cum

July
1
13% Sep 15
59 % Sep 14

12

91

Oct

Sep

HIGH

Tuesday

Jan. 18

100

Common

37

10

9

Nov

451/4 Aug 10

16

28

LOW AND

Southern-

14

17

26

July

2 2 3/4 Aug
51 Va Sep

.

30

110

19

92 Va Jan

29

20% May

4

"

100

preferred

36% Sep
2

r

100

preferred™

cum

4.50%

16

■ -

Monday

.

Par

preferred

32% Jun

16% Jan

.7

Kansas City Pr & Lt Co com_No par

Kansas
...

STOCK

EXCHANGE

85

3

0

NEW

Highest

26% Jun

102% May 21
106

103% Mar 12

-r

_

Year 1952

Lowest

Continued—Page 1

i*

-*

Range for Previous

.42%

360

42%

2,000

62

5,100

32%

32%

1,900

96 %

96%

10

41%

1,400

93A

7,300

*41%
61 3/8

M
10

Nov

14

40% Aug
4
128% Sep 10

45

7% Oct

23

I

12

Mar 20

M

Feb

MacAndrews

May

7

41

Jun

8

45

Jun

3

125

Sep

17

132

Oct

30

17% Jan

28

24% Oct

22

20'/a Dec

29

31% Jan
90% Jan

30

84

28

78% Sep

12

Dec

,

135

7% Aug 25

*

lO'/a Juiy 13

9% Mar 13

7% Oct

16

10% Jan

30

39

Feb

8

22% Nov

14

15%
485

Alig

13

Apr

9

7% Dec
6

Dec

19

Apr
8% Oct

536

24

18

20

Dec

8

Jan

23

2

7

July 11

12% Jan
29% Jan

17

16
29

2.1

Sep

15% Sep

10

11% Mar 18

517
1

13 Va Dec

15

58

15

25% Mar 19

85

Oct

7

Jun

9

80

Dec

19
2

2

17% May 12
38% Oct 30

20% Feb

18

49% Apr

10

104% Jan

3

29% Jan

25

113

Jun

10

Sep

12% Jun
10

8
16

10

83% Jun

5

97

May
May

12

87

51

18

15% Mar

12

30

45

Sep

15

Dec

Dec

July 2
Sep 15
29

15

22

52

8%

,

20%

20%

20%

20%

12%

12%

24%

Va

8%

20 %

21%

12%

12%

8

8'A
21

12%

24
8

21 Va

24

400

8%

4,500

21%

12,900

12%

28,900

18 Va

52,000

133/a

13%

2,800

18'A

183/a

18%

18%

18%

18%

18%

18%

1,400

42

41%

42

41 Va

42

41

41%

20,400

Corp common—5

Co

1

4.25%

*13%

13%

13%

17%

18

18

J

18%

5

41%

18%
42

18%
41%

100

104%

104%

*104%

Co

..

Chemical

Corp

com

preferred

eonv

*55

.No par
No par

Corp

Electric

18

12%

8%

173/4

32% Mar 23
95

Jan

20

95

Jan

6

85 % Nov

May Dept Stores common
$3.75

cum

24

$3.40

cumulative

21

Mar 16

Maytag

52

Mar 12

$3

Jan

73% Mar 12
35% Dec

1

17

71% Jan

12

2

39 % Dec

3

Co

*55

55%

105

105

105

105

105

12%
*55

104%

820

104%

7,300

&

McQuay

86

94

13

95

Mead

14

26% Dec

24

2G%J&n

2

28% Mar 19

Melville

8

11 Va Dec

20

14% May 22

Mengel

46

1

Stores

Norris

4%%

Shoe

Dec

10

Aug

19

16

21% Dec

9

15% Sep

15

50% May 21
19 % Jan
7

Mercantile

6

35% Jan

22

17

Sep

14

25% Jan

5

Merck

93% Dec

12

80

May

Oct

27

20

$4

21

97

Nov

33% Jan

23

25

Sep

15

31

Jap

Oct

15

28% Jan

2

22

Jun

16

31

Nov

37% Dec

18

11

28

Dec

29

39"

92% Jan

2

101

May 27

J'n

U

101

Jan

3

108

Jun

25

95

Sep

14

91

Jan

14

97% Jun

3

88

Jun

12

91% Feb

20

84

July 3
May 21

Oct

6

109% Aug

Jan

8

26% Dec

18

18% Sep

14

58% Oct

16

81% Jan

28

55% Sep

22

20% Feb

14

28% Nov

28

22% Jun

9

13
30

49

*47%

5%

conv

$4.25

Stores
Inc

Co

2nd

2nd

Merger) thaler

15%

15%
43%

*43

13

13 Va

12%
*76%

77
70

38

38

500

13

13

77%

15%
22 Va

*43

20

17%

900

49

153/4

1,900

223/4

1,600

*43

43%

10

3,500

13

13

13

13 %

*78

79%

230

78

78

79

79

70

70

71%

71 %

71%

71

71

*37%

38

37V4

37'A

37

37%

373/4

373A

600

70

1,300

57

57%

57 Va

57

57 Va

3,000

40%

40 %

40%

403/a

40%

3,600

*20

20 %

19%

20%

20 Va

20%

12 Va

12 Va

12'A

12

12

12

12

11%

11%

1,100

30%

30

30%

17,500

88

88

89

10
par

100

Inc

12 Va

28%
*37
28%
12

-

*20

20%

19%

20

1,200

30%

29%

30%

29 Va

*87

88

87%

87%

88

28%
12

x28

28%

28

28 Va

27%

28%

28

28 Va

3,900

12%

12%

12%

12%

12%

12%

12%

3,400

48

48

48

29

29

88

12 Va

*47'A

100

10

ptd

48%

*47%

48%

*47'A

3%

16%

16%

*16'A

16%

16%

16%

16%

16%

16%

16%

1,500

16%c

20%

21%

21 %

21%

21'A

21%

21

21%

21 Vs

21%

15,900

*87%
101%

88 %

*87'A

88%

*87%

101'A
97
28%

101'A
96
28%

101%

No par

No par
Co

No par
12.50

series

100

93 % Jan

13

3.85%

preferred

series

100

93% Feb

4

3.80%

preferred

series

preferred
Copper

series

Co—

5

pfd—100

*47%

*96
28%
22
30

*93%
*104%

22
30%

94
106%

21%
30

94

*104%

101%
*97

97

101%

Petroleum

98

Utilities

Inc

*97

89

102%
97%

1,700
40

28%

28

28

22

22

22'/a

22 Va

22%

22 Vs

22%

6,800

30%

1,300

94%

93%

94%

93%

94 %

95%

95 %

320

*104 V4

106 Va

*104'A

106%

*104%

106 Va

30%

30%

*92

95

-89

*104

93
105%
24%

*105

23%

23%

67

67%

67

27%

27%

27%

*90

94

303/4

95
94

30%

*92
*90

30%

95

94

30%

800

106%

100

No par

*87%

*101%

*28 Va

—100
10

89

101%

*97

28%

*92

23%

*87%

98

28'A

94%

5

89

101%

28%

*91

*90

48

*92
*90

96
95

•

105%

10

23%

23%

23%

24

24

24%

5,300

67%

67%

67 3 s

67

67 Va

67

67 'A

4,700

27%

27%

27%

27%

27%

27%

273A

16,200

105%

*105

105%

*105

•

South

153/4
22%

20

85%

40'A

preferred

Middle

*47%

95

56%

4.35%

9

17%

40%

Metropolitan Edison 3.90%

27% Mar

15%
22%

43%

*84

56

Mesta

Mid-Continent

49

*93

55%

2

31

17%

40%

9

66% Dec

85%

210

55%

2

4.45%

13

*47 %

93%

7,300

40%

Feb

Miami

15%
22

43%

17%

94%

—No par

Co

common

Merritt-Clianman & Scott

5

15%
21%
*43

.

49

93%
*84

30

94%

40

Jan

29% Mar

15%
21 Va
43Va

17%

293A

95

55%

5

1

5

107 % Feb 19

15%
21 %

17%

30%

18

No

preferred
Linotype

Machine

21'A

76

98 % Jail

105

84%

21
43%

Co (The) common
1
convertible 1st preferred—5p
Si

93%

par

*69

Co

$3.50 preferred

Jan

7

*47%

Mines-

Corp

15% Apr

89

49

—5

preferred (1st series)

47

111

*47%°

Co

Mfg

22

4

85%

Robbins Inc

12% Oct

10

94%

84%
17%

*84

*17%

3
50

Corp common

Jan

Mav

*93

17%

29%
*94

-1

Porcupine

McLellan

18

94

1

McKesson

22

94'A

85

No

Publishing

Mclntyre

21

30'A

94

*17%

M'cGraw Eledtric Co

14% Jan

29%

94
93%

*83%

Corp common—50c
convertible preferred-—100

26% Jan

29%

*93

Stores

3%%

29%
94

No par

pfd

-

McGraw-Hill

29%
94

No par

1947

Corp common
preferred

McCrory

29%
*93

No par

pfd

common

Corp.

24

29% Dec

No par
series-No par

preferred

29

14

,_5

preferred—

$3.75

21% Sep
83 % Oct




*23 Va

8%

18a/u'

18% Dec

roornofp.

23'A

8%

18

11% Dec

"or

23%

7%

900

13%

2

99

*23%

1

10

1,100

53/a

18%

7

8

*5%

13%

21

95% May 23

5%

17%

15% Jan

20

*5%

17%

28% Feb

105

5%

13%

2 6 Va Jan

54% Feb

*5%

23%

5%
23%

20%

2,300

5

18%

3

22

5%

Corp—,

22% July 15

Nov

5%

5

5
23%

.

17%
530

13%

8

28

4%

17%

92

57% Sep

91% Sep

4 Va

18'A

16

4

26% Sep

92% Jun

■>4%

17%

72% Dec

2

4%

6.25

(Glenn L)

28

Jan

4%

13%
18%
18%

Martin

25

121

4%

100

98% Apr

4

4%

6,000

71

3

17%
*515

4%

86

30

% Jan

17%
530

*4%

86

89 % Dec

84

17%
*515

2,800

86

4

104% Oct

17%
530

100

27-%

86

15% Feb

50 % Mar 12

17%
*515

530

27

85 %

29

Oct

27 Va

85

11% Dec

22

17%

17%
*515

2G3A

85%

7

Feb

17%
522

27 »A

*85
17%

17% Mar

16

17%
522

26%

27

400

84%

28

8

'

26%

6%

370

8%
63/4

*8

1

preferred

14% Oct

23% Mar

J

50

26%

6%

83%
17%

% %

$2.59

Aug 19

84%

6%

100

4

McCord

23

84

3%

6%

55%

McCall

12% Nov

84

*8

8%

6%

24%

17

23% Jan

83%

*8

6%

243/a

10

Sep

83%

6%

55

45% Feb

33% July

83%

8%

*8

24%

21% Mar 25

3

84

8

6%

55

30% Feb

28

83%

8

24%

14

Jan

83%

*6%
26%

55%

27

46

83

24%

20% S^p

83% Apr

3,300

24 'A

41 % Nov

17

223/4

24%

4

20

22%

24%

13

Nov

22%

24%

31

33% Nov

22%

24%

19% Dec

65

22%

No par

26% Dec

Nov

22%

Marshall Field & Co com

45% Nov

5

22%

12%

7

55 % Mar

22%

55%

28

42

22%

12%

Feb

X22 % Nov

22%

'

27% Jun

July 21

16

par

*54%

Matblesoii

75

33,800

50

30

82 % Jun

14%

(conv)

42 % Dec

7

60

500

14%

Exploration

preferred

Master

2

413A

132%

15

_10

Midland

16

31

9%
*41

*130

14 Va

Shirt
Oil

21% Nov

19% Dec

9%
41%

132%

15%

Corp

17% Sep 15
34 % Aug 28
98% Jun 30

5

-

.—No par

Martin-Furry

./an

*130

100
No par

Garden

Bros»

Mason ite

<

9 Va

41%

41%

132%

14%

Mahoning Coal RR Co-

2

I 10 ■

9%

*41
*130

14%

(The)

Magnavox Co

A

Mar

9

9%
41

132%

14%

Manali Sugar Co—

14 %

98

45% Jan

18% Mar 20

9Vo
41
131

14%

Magma Copper

25% Fcl)

34% Aug 11

4

Square

4%%
I)

9.%
41%
130

14%

No

preferred series A

Marine

*125

5

Magic Chef

Marathon

41 Va

100

Co Inc coin

14

2

10

4%%
Madison

9%

8

common—10

No par

(R1I)

29

2

Jan

Moicy

Maracaibo

Feb

Forbes

Mack Trucks Inc

Manhattan

Mar

Jan

Working Co

preferred

Sep

90% Jan
14% Jan

6%

15% Dec

90% Jan
79

25% Jun

88 % Mar

M

Mandcl

10

22% Sep

16

Mar

11

52% Jun

13% Jun

28

25

8

33% Jan

6

Mar 23

18

22

15

9

16

22

25

22% Jan
552

8
12

21

Dec

28

8

Jan

57% Jan

9% Apr

Apr

!(

27% July

8% Jun

32

14

17

21% Oct

May

4% Sep

25

1

!)

9% Jan

8 % Feb

22

10

87% Mar 27

15

Nov

94

Jan

30

23

13

15

26

Sep

52% Feb

28

15

15% Nov

3% Dec

(>•"4 Sep
16% Sep
11% Jun

22% Apr 24
10% July 2

14

7% Oct
6Ve Dec

5

26% Oct

29

24

M*r 24

Si

105%

105%

(409)

21

22

The Commercial and Financial Chronicle...

(410)

NEW YORK STOCK RECORD
Range for Previous

STOCKS

Year 1952

Lowest
39 % Jan

4

131% Jun

20

20

Range for Year 1953

Highest
46% Dec

Lowest
14

125% 0*»t

7

30% Jan

22

21% Oct

9

26

13% Feb

29% Dec

3

6

Oct

1

Sep

17% Nov

28

16% Jan

26

139

15% Oct

23

19% Dec

19

45% Feb

14

62% Dec

18

Apr 24

48% Jan

2

39

,101 % Feb 25

105

Jan

23

NEW

Highest

Feb

7

Midland Steel Prod

1st preferred—
Midwest Oil Corp

No/

31

19% Jan

27

6

94% Jan

104

Oct

80

Nov

28

24% Jan
91% Jan

11

30% Jan

9

23% Nov
25

Jan

29
23

Jan

7

18% Nov

26V2 Jan
21% Dec

31%
127%,

*127%

10

21%

2P/4

22

22

22

22'/a

22%

22%

22 Va

22 y«

2,800

No par

20%

20%

20%

203/4

20%

20%

*20%

20%

20%

203%

2,000

No par

9%

10 3/8

10%

10%

*9%

10

10

10

69%

72

69%

70 3/4

703/4

713/8

70

71

68%

69 3%

10,600

56%

58%

56

57

56%

57

563%

57

56%

573%

9,000

21

Oct

88

*103

104

104

'103%

Paul

&

8

8

Marie

10%

11%

11 Va

11%

11

*73%

743/8

♦73%

74%

74

74

25

*19%

20%

*19%

20 VH

20%

20%

21

21%

21%

21'/a

600

Minneapolis Power & Light__No par

22 Vb

22%

21 5/B

22%

22

22 Va

22%

22%

22%

22 VH

4,300

Missk.i

27%

28%

28%

283/4

28 %

28%

28%

28%

12,400

$l,.B0 2nd

preferred

conv

22

15% Sep

14

23% Mar 25

Mission

11

34% Jun

10

41 % Mar 17

Mississippi River Fuel Corp.

34% Mar 25

8% Feb

15

Dec

31

67% Dec

31

57% Sep

15

70% Aug

6

59% Dec

23

33% Sep

15

58 % Jan

23

31% Jan

7

22

Dec

31

33% Dec

17

12% Mar

4

4

Corp

1

Development

Missouri-Kan-Tex

6% Mar 12

7%

preferred

XMissouri

Mohawk Carpet

14% Aug

5

13

Jan

5

15% Mar 25

Mojud Co

20

18% Jan

4

15% Sep

11

20% Mar 23

Monarch

82% Oct

RR

109% Jan

2

79

30

Sep
17% Sep

15

28% Jun

14

28% Mar 11

Montana-Dakota

31% Dec

19

25% Jun

10

32% Mar 26

Montana Power Co

29% Nov

17

40% Dec

55% Oct

22

16% Jan

2

12

3

36

Aug
Mar

18

Feb

18

65% Mar 19

15

18% Apr

15

Moore-McCormack

15

15% Apr

16

Morrell

14

29

% Dec

29

43% Jan

6

31

21

Dec

31

34% Mar 18

Motor

29

27% Jan

Motor

1

25% Dec

15

21% Dec

8

21% Sep

14

27% Mar 16

Mueller

Brass

25

18

Sep

15

26% Mar 13

Mullins

Mfg

5

13% Jan

26

12

Jan

5

14% May 19

19

49% Dec

57% Jan

4

43

Dec

31

106 % Oct

6

110

48

Dec

Nov

28

21% Dec

18% May
1
42% Ma r 13

1

48

50

104% May 18
16% Sep

110%

4

6

Mar

3

24 % Feb

Feb

25

51

Feb

4% 'So

26

50

15

42% Aug 26
35% Dec 29

Aug 25

Jan

2

24

52% Feb

17% May
1
60% Feb 20

22% Dec

1

16

Dec

29

25% Feb

18

74

Sep

15

993/4 Jan

28

Oct

6

4

11% Sep
16 Vh Sep

19% Sep
34

Sep

14

158% Jun

24

4%

4%

4%

*63%

643%

63%

633%

45%

46%

453%

46'/a

23%

23%

*23

23 VH

15

♦143%

15

*23

233/4

23%

233/H

23%

233%

14

14 %

14%

15%

14%

15 Va

*14%

17 Vb

17%

]7%

17 Vb

17%

17%

17 VH

17%

84 Va

84

2,300

4%'

3,200
15,300
700

2,600

17 Va

17%

1,500
11,300

83%

83%

84

85%

84%

83%

84 VH

5

20

203/4

20%

20%

20%

20%

20%

203%

20%

20%

32

32%

32

32

32 '/a

32%

32 Va

32 %

32

32 VH

9,400

34%

35%

34%

35%

34%

35

34%

343/4

33%

34'/a

17,000

__No par

59

60 3/8

35,600

13%

7,000

85

58-%

59 %

613/8

61

61%

60%

60'%

12

12%

12%

12%

13

13

13 VH

13%

13%

No par
3

12%

123/4

12%

123/4

123/4

13

12%

13

32%

32%

32%

33%

33

33%

33%

333/4

10

22 %

23

23

23 VH

22%

23

22%

22'%

22%

22%

Corp

5

60 VH

9,300

"

133%

13

1,400

33

333%

9,100

22%

22'/a

3,700

*12%

%

223/4

22

7b

22%

22%

22^/4

23

23

2,000

Co

1

23%

24

23%

23%

23%

24%

233%

24

24

24%

6,200

Coip

1

21%

21%

21%

21%

21a/,

21%

21%

21%

21

21%

5

13%

13 %

13%

13%

13%

14

14

14

14

14

1,400

1

44

44%

43%

45 Vh

45%

45%

45%

45%

47

1,700

107%

107%

108%

♦107%

109%

'107 V2

109 Va

180

20 Va

20 3/4

common

preferred

100

preferred
Myers (F E) & Bros

107%

10

19%

43

38%

*43

107%

20 %

43

22

107%

50

com

4%

2

1

4%
64 Va

4%

No par

Murray Corp of America

26

100% Dec

Wheel

4%

47%

Co

Munsiiigweur Inc
Murphy Co iG C)

6

4%

4%

4%

63%

Corp

Dec

4,500

463/a

Inc

29 % Jan

25

9,700

393/s

64

Lines

&c

l

173%

39 Va

47

Co

Montgomery Ward & Co

11% Sep

44% Oct

20

22% May
11% Jun

173%

393%

l

10% Sep

Products

17%

393%

5

53% Sep

Motorola

17%

39%

63

(The)

2

Dec

17%

39 Va

45 %

...

(John)

17 3/8

393/8

40%

Co

Utilities

Monterey Oil Co

17%

39 VB

20

32

14

23

Chemical

■17%

No par

18% Aug
5
14% Jan lo

7

22% Jan

67% Jan

Monsanto

28

17%
39'/a
63%

1.25

17

28 %

16 %
39

63

Tool

16

10

45%

100

Mills

30

Nov

No par

11,200

11 Va

pfd_10O

A
conv

Inc
Machine

21% Nov

11

5
10

com

5%

26% Apr

20

Co

series

Pac RR

16% Oct

95% Jan

105

103/4
743/4

20% Jan

16

2,600

10 VB

38% Dec

10

150

*73%

16

Jan

*103

1,300

131

10%

15

3% Oct

129%

32%

32%
131

743/4

;

22

50

104

32%

10 V8

preferred

Oct

21% Apr 21
24% Nov 12

>103

32%
129

*73 %

1st

15% Oct

24% Oct

104

'103

32%
128

10O

$5.50

33 % Oct

37

9%

9%

32%
127%

Shares

313/a

St

32

the Week

Friday
Jan.22

127%

common

128

Jan. 21

5

22

8% Dec
69

32

Sales fs*

Thursday

100

5

2

19

19% Jan

19 % Nov

16

Jan.20

Minneapolis-Honeywell Reg
1.50
Minn Min & Mfg common
No par
$4 preferred
No par
Minneapolis-Moline Co common
1

68% Nov 30
60% Dec
3

Apr

Wednesday

Jan. 19

Minn

2

8% Dec

SALE PRICES

Tuesday

Jan.18

Minneapolis & St Louis Ry

20

53% Feb
42

HIGH

Monday
P«f

8%

24% Mar 20
24

STOCK

9

46% Jan
139

YORK

Continued—Pace 8
LOW AND

EXCHANGE

Monday, January 25, 1954

38%

No par

5,900

20

20%

21

20%

20%

17,400

*44

44 %

*43

44%

*43

44%

44%

44%

200

38%

*39

39%

39

39%

*38 3%

393/a

500

30%

20 Va

N

31% Apr 15
11% Oct 15

36

Aug

16% Jan

16% Oct

24

19
Apr
29% Apr

23

23% Dec

1

23

35% Dec

31

161 % Jan

2

179% Jun

18

20% Jun

8

8% Oct

21

49% Nov

3

61% Mar 19

9% Jan

2

14% Nov

25

xl0% May 15

13% Jan

7

12% Jan

28

10

13% Jan

14
2

18% Mar 27
60

Dec

1

13% Dec

22

19% Oct

30

34% Jan

2

97

16

110% Jan

24

Sep

18% Jan
91

17% Jail

2

Jan

15 % Jan

8

National

22

21 % Mar

9

15

25% Mar 20

National
National

Biscuit

26

National

Can

24

National

Cash

15

18% Aug 18

National

Sep 15

11 % Jan

5

National

Aug 31

9

20% Dec

2

12

Dec

16% Sep
84

Dec

Fibres

77%

78

78

323%

33%

323%

33

1,900

14%

14%

14%

14%

14%

14%

14%

14%

14%

15

4,600

Inc

City

1

183a

21%

21

%

21%

213/4

10

36%

36%

36%

37

*173 %

National

Dairy

8

National

5

1
15

33

Jan

29

Jun

18

155% Jun

Jan

15

132

Apr

15

24

147% Apr
9-% Jan

24

7% Dec

31

7

Feb

22% May ,26
96

Nov

38% Dec

31

173% Nov

4

9

31

29% Apr 24
3

146

Nov

7%

29

Prod

Lead

6%

Linen

4,800

37

10,800

12

12%

113%

113%

9,500

61

61%

61

61 Va

3,100

173%

5,100

17%

17%

17%

103/a

10%

103%

10%

20%

*20%

10%
203%

10%

20%

203%

20'/a

1,400

17%

17%

17%

17%

17%

17'%

173%

173/s

IP00

64%

64%

C4%

64

643/4

633%

64%

63

633%

123/4

*12%

10 3/8

10%

20%

20%

1

17%

17%

64%

.

.

173/a

12 3/s

12%

12'%

123%

5

18%

19%

19%

19%

193/4

20%

19'/«

20%

*88%

893/4

89%

89 3/H

*89%

91

90 3%

903%

1

21%

21 3/s

21%

213/4

21%

213/4

21%

213%

21%

No par
5

.

94%

95

96 VH

*95%

96%

95%

95%

*95 Va

common

12%

*95

39%

38%

12%

17%

100

S

39%

39%

100

*173

174

100

144

144

&

Cast-No par

1

9%

9%

39 %

*173

174

*173%

144%

*143

Corp

40

173

173

Service

*143

144%

9%

*9%

39%

23%

23'/a
283%

700

48%

48%

7,300

28%
27%

28 VH

28'A

.28 Vh

28 VH

1,700

26%

27 VH

26%

27 VH

903/a

90

90

30%

30 %

30%

23%

29

28%

29

463/4

47%

46 VB

47%

47%

47%

25% Oct

30 V4 Jan

12

National

No par

27%

27%

27%

28%

28 VH

26%

26 Vh

26%

27

15

91

23

101

Jan

2

3% Oct

23

11

Nov

14

16

16% Oct 22
10% Feb

10

104% Jan
9% Jan

11% Jan

20

11% Oct

16

66

18%
17

4

12% Jan

% Dec 28

10% Jun

5

105

Sep

30
11
22

7% Mar

10

13% Jan

31

Jan

27

13% Feb
106

4.20%

Theatres

Vulcanized

Nehi

43/4%

4

12

Vh Jun

11

!

Apr 21

85

Jun

18

(92% Jan

6

Nesco

49% Dec

9

24

108

Oct

15
3

17% May 26
73

9

Jan

18% Dec 29

New

30

25 % Jan

30

Sep

14

48 Vb Jan

5

1013/4 Jun

10

109% Mar

9

10

5
9

80

Mar 24

400

Dec

94"0 Feb

Sep 11
May 5

70

Jan

Industries

York

Air

York

6%

&

preferred

New

20

York

92

Feb

9

$5

non-cum

520

Jan

8

N Y

& Harlem

23

19% Jun

16

34

Feb

18

N

New

25

493/h Dec

29

65% Feb

5

13% Dec

22

18% Jan

2

15% Jan

7

Nov

6

16
2

Y

5

31% Sep

21

373/B Mar 23

Apr

3

80% Jun

11

92

Jan

22

6

24% Jun

10

28% Feb
803/4 Nov

2

2

28

Jun

Jan

2

85

May 21

82

Jan

92

75

Apr

28

10

$3.75

Co

27%

1,600

18%

18%

18 3/4

19

19%

19%

19

19 V*

19

19

4,000

18%

19%

20

20%

20 y4

20%

20%

21Va

139,500

36

37%

36%

37

36

363%

36

36 VH

12,400

*106

107

163/4
*64

107

.66

87%

87%

26

55

55 '/a

55%

55%

29%

29%

29

29 Va

36%

36%

94%

94'%
28%

28%

28%

100

1

36 %
*94

par

28%

29%

Jan

16

Northern

463/4 Jan

2

Northern

6

107% Nov

4

5%%

Pacific

15,300

9 %

9%

9 Va

93/8

9%

9%

93%

*85 %

86%

85%

85%

*85%

86%

86

86

86%

86 Va

110

41%

413/4

41 Va

41%

413%

41'%

41%

41%

41%

41%

10,400

100

'108%

>108%

1093/4

1093/4

109%

110

100

56

56%

55%

57 Va

56%

57%

56

57'/a

56

57 %

38,600

14%

14%

14%

14%

14%

14%

14%

14%

14%

143%

17,300

Ry
Co

110

5

16%

16%

14% Jan

13

Northwest

10

8%

8%

29

30

18% July 18

24% Jan

13

27 Vb Jan

18% Sep

18

25% Apr

9

Norwich

22

34% Jun

10

2

Ohio Edison Co

10634 Aug 12
94% Apr 10

94 3/8 Jun

12

83

12

May 18

104% Dec

91

Oct

Dec

27

12

17% Jun

6

108 Vh Jun

2

see paL'P

26

8% Dec 15
71% Sep 23

__I

;

Inc

common

preferred

*_

Pharmacal

common

25

15%

3,50

Co

21%

86 3%

200

87

107%

108

*99%

100 %

100

100%

*100

101

101

101

16%

16%

'

8

16

15%

21%

21%

8'/a
16

16'%
8

17%
8 VB

16'%
8

16

16 Va

16

16%

3,400

20'%

21

21V4

1,500

iBe
*105%

94%

100

9

4.44%

preferred

100

Co

No par

Oklahoma Gas & Elec Co

com

preferred
common

4%% convertible preferred

10

*94%

14,900

20%

si

100

80

8%

153%

39 Va

39

r,

7'/a

9,400

21%

106%

38 3/H

310

17 VH

21%

38'%

39 %

17

260

15'%

21%

105%

preferred

...

17%
8%

Si

preferred

9

88

108

1053/4

4.56%

95% Jan

87%
*107%

Iff

3.90%

Corp

863/4
107%

1053/4

27

Oliver

863/4
107%

ii

25

2

110

86%

106%

93% Jan

Feb

>109

107 Vh

%

106% Feb

14

863/4
*107

38%

preferred

Oil

88

106 %

4.40%

4%

9'/a

110

100

2

Ohio

9%

..12

"k'hts

jii

For footnote*




4.6%

Airlines

9%

(Minn)—

_.l

8% Dec

700

1

Northrop Aircraft, Inc

16% Dec

230

3,000
10,000

21,300

18% Mar 17

25% Jan

96

92,400

15

13

89

23 V2

12% Jun

6

*87 Va

20%

101%

24

90

24 Va

*99%

Mar 23

*87%

20%

100

16% Jan

*87

22 3%

preferred

8

90

24%

30

19% Dec

90

60

223%

11% Apr
11 % Sep

28

82 Vh

20%

107 Vh

57% Aug

*81 Vs

24%

87%

1

82%

22

107%

10

*81 ■%

20%

100

10

83

10

>

9

*81%

~50

preferred

Common

83

4,500
35,600

24%

Hgo

16% Sep

283%

22%

preferred

49% Jun

28%

20%

preferred

23% Jun

36%
96

28%

24%

$4.10

9

36%
*943%

96

28%

21Vs

$4.80

lo

363%

96

28%

20 3/8

$3.60

16

363%

96

*24%

Mar 12

19% Dec

36%

24%

Mar 19

60% Apr

36%
*94%

22%

Jan

27% Dec

363/4
94%

3,500

16,800

20%

109

2

30

24%

101

Jan

56 Va

29%

22

19

17% Mar 13

56%

29'%

29%

20 VH

18

22

56

29%

553/4

28%

24,700

20%

89% Jun

6

55 Va

55%

20

I

243/a

100% Jun

50Vb Oct

28%

22 VB

Nov

12

88 Va
450

27'%

213/8

Nov

97% Jun

88 Va
•385

28%

20 %

Capital Corp
Central Ry Co
Natural Gas Co

Northern

24%

110

100

88%
450

27 Va

100

1

102

7

*87%
*385

27%

-

10

Co

Aviation

Northern States Pwr

106% Nov

88%

450!

19

87

104'% May 15

120

41%

24

Jun

643%

41%

6

8

643%

42

Co

5

88% Jan

1,900

65

♦63

413%

34% Sep

Jan

163%

423%

Northeast

393/4 Feb

1073%

16 3%

42

8

106

*106%

16'%

41'/8

Jan

39 % Dec

1073%

16%

413/4

15

2

>385

63

•106 VH

42

14

~JaTT~14

450

1073/4
16%

Corp—

3

33% Jan

*87%

26%

Jan

100

88%

253/,

'385

Jan 1

Sep

*87%

26%

450

2

19

63

26

100

American

15% Jan

64

♦385

series A

American

9

16%

..50

Jan

94

>106%

16%

41%

103 % Oct

105

107

16%
64

163/4

Ry common__25
Adjustment preferred
;
25

North

87

27%

19

Western

&

North

24

27%

183%

16

Apr

27%

96

Jan

78

27 3/H

95

23% Mar 24
22% Dec 21

90 % Dec

27%

19

26

5

27 VB

95

15

16

27

183%

19

Jan

60

27

95

12

14% Dec

1,500

26%

19

Jun

84

10,100

14

69 VH

94%

153/8 Sep

16

45%

14

69%

183/4

19

14

45%

14

69 VH

14

18%

22% Jun

Sep

45%

45

•68%

14

94%

8

11% Jun

45%

69%

18%

16

52

14

♦68

94%

16

94% Mar 29

44%

143/s

69%

40

94

*87

17% Dec

13 % Dec

443/8

14%

Hartford Co.100

&

Chemical

2

2

43%
*68

•90

94

•90

92

28,600

36%

No par

28

10% Jan

*90

92

6,900
600

18%

Norfolk

5

14%

9434

30

Feb

14%

14%

90

53% Jan

82

5%

26 % Apr
25
Dec

Juiy

14%

14%

18%

23

83

14%

94%

39% Dec

30

43%
14%
69 Vh

93

15%
34

*87

8

47% Dec

143/b

93

*33%

.2

Nopco

7

42%
*68

92%

14 VH

14%
*90

92

34

•91

100

26

17

;

*33%

91

100

13

203/4 Jan

35% Mar

*90

33%

-

preferred

94% Nov

15

Sep

14%

15%

33%
91

15%

15'%

153%

15%

33%

>

preferred

87% Jan

29

Sep

8

14

15 Va

106 Va

3.60%

22

Jun

16

14% Sep 26
89% Dec 19

800

400

•105

92%

15%
33%
*91

106%

♦105

3.90%

Jun

87

24

1,460

15

15

*81 VB

79

8% Apr
75% Jan

43%
12 y8

83

1

Apr

2,500

43%
*113%

*81%

3

19% Jan

91

106%

4%

100

21

8

153/s

33%

♦105

4%

preferred

Nov

Aug

15%
33%
91

106%

*105

43/4

3.40%

98% Jun

25

106%

4%

183/4

preferred—_No par
RR

preferred

26% Apr
52 % Sep

8

♦105

43/4

43/,

36

No par

Common

2

59

A

Niagara Mhk Pwr Corp com.No

28

2

15

43/4

N Y State Electric & Gas Corp—

18% Oct
46% ,Jan

•143/4

No par
Co— 1

11,800

100

Louis

York
Shipbuilding
Participating stock

863/4 •Jan

15

St

common

Haven

Preferred

,

35% Sep

76

2

30

94

24% Jan

15

5

New

Jan

*143/4

J

series

Dock

63% Nov

85% Jan

15

City Omnibus Corp.Nopar

24 % Dec

x29

*14%

1

200

6'/»
11 Va

11

20

2

673

143/4

100

Brake

Chic

13

2

14%

common

Central

York

14% Feb

May

1

a

46% Jan

350

12"

common—JIo par
...lOO

330

8,400

123

63%

7

11%

*11%

preferred

New York

11

12

Common

17% July 13

10%

11

IOVB

11%

Newport News Ship & Dry Dock—1
New

63%
11 Va

7,700

30 >/a

'

12

.

30

7

11

6%

1,300

90 Va

30%
•120

*11%

Newport

34

123

♦119

120

120

*90

12

Inc

Vh ','0

30%

43/4

29

4

6%

6 3/4

7

*90

11%

20

23 Va Mar 17

14% May 1
59% Oct 13

6%

10%

Jan

24

8

1

16% Jan

72% Mar 23

120

1

Fibre Co

New

6

56

17

122%

Epgland Electric. System.
—.1
New Jersey Pr & Lt Co 4% pld-IOO
Newmont Mining Corp
I
10

64

23% Sep
17% Sep

*121%

Inc

Newberry Co (J J)
'33/4% preferred

37% Aug 31
10% Sep 15

22% Aug
8
23% Dec 23

120

100

2

7

30

100

preferred

6

4

Dec

30%

common

Feb

Jan

1

90

30 3/8

1
Inc

153/b Nov

14 % Mar 30

90

30%

No par

Bros

93 % Apr

38

90

30

Corp

Mar 25

263/4

90

0

Natomas Co

6
26

10

233/a
*28

100

preferred

conv

National

8

10% Apr 29
% Jun
9
85% Jun 30

Pa com

common

National

12

Neisner

16% Apr

Supply (The)
preferred

4%%

National Tea Co

New

Apr
Oct

14

36% Nov

20

14% Apr
86

2

Sep

75

30

100% Jan
52

% Jan

10

National

5
24

56% July
20% Feb

ct 13
gov 22

34% Feb

21

4

3

97

July 22

31% Dec

104% Jan

Nov

293/4 May 20
116% May 20
7% Apr
1

14% Sep

2

45% Oct

91

6

11

13 %

30

84; Jan

313/b Jan

25

98 % Mar 20

4

Jan

3

21

% Sep

43 % Jan

23

12

4

22% Sep
86

24% Jan

105% Sep

3

,

35% Dec

3

Jan

16

7

90% Jan

Jan

8% Mar

l

13% Dec

Apr

May 20
27% July 7
109% July 31
5% Sep 18

700

*27%

23

No par
10

19% Feb

500

9Va

28

23 »/h

National Shares Corp
National Steel Corp

*28%

5

85% Jan

144 %

9%

48%

*23

6

Sugar Ref Co

10

144%

23%

Natl

32% Jan

52% Jan

26

174'/a

473%

373/b Mar 19

25% Sep 21
40% Sep 14

35

50

16,700

40 VH

•173%

28

20% Dec

22

31% Nov 24

13,800

23%

26

34% Sep

30

400

22

96 VH

23%

40% Jan

22

47,900

93%

53

25% Jan

4,300

19%

93%

l

27% Oct

13

92

393%

174%
144

144

19%

#400

93/a

9

Steel

40

12%
*91

5,900

29

93/a

23

Malleable

1,040

10%

17%

17%

10%

20%

30% Jan

2

175

20%

173/8

17%

1

43

Jan

174

12%
61

174

30% Oct

May

1743%

*174

3,800

603/4

preferred A
preferred B

National

18%
23

36'/a

11%

Co common

Co

18%
22 3/8

37

173%

common

preferred

National

4

9% Dec

$4.50

183%

223%

36'%

11%

pfd series of 1951

National Gypsum

6

18%
22

37%

60%

National Department Stores

6

17% Sep

18%
21%

173%

173%

10

15% Jan

85 % Dec

18%

*21%

11%

Products

99% Jan

8

370

60%

Co

23% Jan

7

18,000

12

1

22

98% Oct

17

61

174

25

Gas

Distillers

16%

11%

common

29

4%%

17%

36%

19

18%

16'%

603/4

Inc
Co

Cylinder

18%

173/a

No par

preferred

National

■

10

Lines

conv

173',

5

29

177

136

77%

333/4

17%

100

Container

$1.25

14

78

333/4

Corp

66% Dec

10

78

34

common

Register

19% Mar 27

Sep 21

56% Jun

79

333/4

Corp

Co

preferred A

13% Feb
60 % Dec

_

1

Feb

Automotive

14

Sep

20

165

1%

Louis

Co

Airlines

National

14

17 VB

77

33%

|

St

Aviation

38

174 3/i Dec

17%'

76%

33%

1

14

Mar 19

17%

76%

1

&

Acme

100

Corp

Cliatt

National

23% July

17

25% May

4

Nashville

36 % Mar 25

51% July 22
13% Jan
2
19

48% Jan

Nash-Kelvinator

38%

39

39

ii
106

39 Va

15,300

%

287,700

ii
105%

106

*943/8

96

*95

96%

108%

*107

103

107%

109

*108

109%

*108

105%

10534

*1043/4

106

104%

106

*104%

106

*104%

106

53%

58%

27

27%

230

109'/a

>107

95%

20

*18%

1

10 %

11%

100

76%

77

19

94%

*95 Va

96 '/a

10

1

100

53%

58%

58%

58%

58%

58%

58%

59

27 Va

273/a

27 Va

27%

27%

27'%

27%

27%

5,300

19

18 VH

18%

18%

18%

*18'%

10%

11%

11%

12%

11%

11%

11%

18%
11%

96,300

773/h

77%

79 VH

83

79%

83

*79%

80%

1,050

*18%

10,900
300

.

1

Volume 179

Number 5293... The Commercial and Financial Chronicle

•

(411)
mmm

NEW YORK STOCK RECORD
Range for Preiliu
Year 1952

STOCKS

8% Apr

12
19

41% Dec

15% Dec

28

Omnibus

46% Dec

21

Otis

28

42% Oct 21

2

Jan

19

4

37% Aug 31

23

30

Dec

23

Jan

11

79% Oct

Feb

20

Feb

19

83

Jan

24

52

Jun

11

38

Sep

18

55% Dec

21

69% Sep

16

85% Jan

23

69 Mi Jun

16

81

2

84

STOCK

t

Corp

(The)

Sales far

Monday

Tuesday

Wednesday

Jan. 13

Thursday

Jan. 19

Jan. 20

Jan. 21

the Week

Friday
Jan. 22

Shares

<fc

15 Ya

15%

15%

15%

15%

15%

15%

15%

15 Ya

47%

47%

47%,

47%

46 Ya

47%

47

40

47 'Ya

48

2.50

47 Ya

40%

9,500

40

40

40%

40 3

No par

Marine

5

No par

41Ys

41

*82

41%

42

*82

2,400

88

*82

88

common

Mfg

Outlet Co

Owens-Corning

Fiberglas Corp

Owens-Illinois Glass Co

Mar 12

*.

Par

Elevator

Outboard

6

41% Apr

79

YORK

EXCHANGE

Highest

9% Mar

13% Aug 28

Feb

35

NEW

Range for Year 1953
Lowest

Higheat

Lawest

Continued—Pag* 9
LOW AND HIGH SALE PRICES

8

88

%

*82

a

88

*82

•

"

88

15%

4,100

53%

54%

55%

55

55 Ya

55

55%

54 Ya

55

80

12.50

53%
80%

80

6,900

80%

793/4

80

79%

79Y4

79

793/a

5,900

14Ya

14Ya

1,300

<h

10% Oct 30

17% Jan

14

11% Jun

81% Dee 31

97% Jan

24

80 '

12% Dee 30

19% Jan

11

38% Dec

25% Mar 22

Pacific

3

Pacific

46

Oct

15

57% Mar

16

30% Feb 20

Pacific Finance

40

2

9

34% Jun

35% July U
120y*Nov 26

22% Nov

25

22

32% Nov

19

Mar

2

Mar 17

Pacific
Pacific

Jan

2

145% May 19

5% Jan

2

8y4Nov 21

4% Sep

15

8% Jan 28

17% Oct

16

26% Mar 15

22% Feb

20

47% Mar 31

9% Nov

25

142% Jan 22

100% Jun

13

9% Jan

14

5% Sep

IB

30% Mar 13

24% Sep

15

Apr
2
30% Mar 27

8% Nov 17

Sl% July 16
29
Oct 28

43 y* Jan

16

41% OCt 30

58

Feb

15

i

6% MOT 24

-

22

20

Jan

15

20% Nov

6

2

27 Yi

Jan

18

Jan

7

38% Dec

5

27% Sep

11

32

Dec

8

3

7

10

14% Apr

Dec

22

14

15

23

39% Mar 19
41% Dec 28

29% Jan

5

27

Jun

10

Jan

4

108 Mi Feb

11

101

Jun

2

36% Feb

5

33% Dec

11

30% Jun

10

35% Mar 18

Nov 14

107% Feb

Dec

23

16% Dec

29

23% Jan

5

67% Jan

23

40% Dec

29

52% Jan

5

15

28% Sep

11

32 % May 27

Sep 15
Sep 14

148% Mar 16

145

5

127

40'/a Feb

18

28

8% Feb 20

11'/a Dec

30

10% Jan

38% Nov 18

44% Jan

2

38% Aug 21
99

Feb

101

Jen

6

48

15

2

105 ya Apr

7

Sep

10%

23% Jan

22

17% Sep

Enterprises

3o

22

Ford

6

1

34%

34%

34%

8 Ya

*8%

8 Ya

•8 Ya

8Y4

*8%

4

3Ya

10%

10%

3 Ya

*8%

8%
4

4

3%

10 3%

10%

10%

48

49'/a

50

50%

51

52%

1,900

73

73 Va

73

74

3,100

98%

*98%

99%

*98%

99 Ya

6%

6Ya

6%

6%

6Ya

6%

6Ya

273/4

27Y4

27Y4

27%

273/4

28

28%

63/4
27%

21%

22%

21 Ya

21%

21 Ya

22 Ya

22%

34%

333/4

34%

34%

34%

34%

•35%

353/4

35%

35 Ya

5Ya

5 Ye

•6Ya

36

♦35

99%

6%

6%:

273/4

27 Ya

*23

;

34 Ya

•35

23Ya
35 v;

'

'

357/a

63,500

110

19,300
5,600
1,500

16,200
100

7 Ya

7

7%

7%

7%

7%

7Ya

2,600

6

5Y4

5 Ye

5Y4

53/4

5 3/8

53/4

11,900

3%

3%

3 3/S

3 Ye

3Ya

3%

33/4

2,800

11%

11%

11%

11%

11%

12 Ya

12%

12 Ya

12 Va

12 Va

4,500

38

38

37%

37%

37 Ya

37%

37%

37%

37%

37%

900

30%

31

30%

31%

31%

31%

31%

31 Ya

*31

31 Va

1,600

21 Ya

23

•22

23

*22
*28

3%

23

*22

23

*213/4

3%

3Ya

*

23

29%

*28

29%

♦27Y4

25

28Ya

28 Ya

*28 Ya

29 Ya

♦28

76%

77%

78

80

79%

10

12%

12%

12Ya

12%

12%

39

39%

39

39 Ya

39 Ya

12Ya
39 Ya

*41

42%

41

41

7

1

com

100

No par
50

•41%

*107

35%
17%

100

*35%

33VaC

14%
48

10
5

Co

No par

common

preferred

43%
*32

35Y4

36

29 Ya

*273/4

29

*28

29

29

*28%

29

29

29

80

79

79 Ya

77%

78%

5.900

12%

12%

12 Va

12%

2,600

39 V8

39 Ya

39 Va

39 Va

3,900

40%

40 Va

600

36 Ya

4,400

17%

34,600

36

*107

35Y4

36

17%

17Y4

17%
44

44

32%

32-

35Ya

17%

43Y4

32

*32

139%

403%

*107

43%

17%
44

32%

1393/4

140

139%

41
—

35 Va

36

17 Ya

1734

17%

*43 Ya

43 3/a

43%

45

32

32

32

32

140

140 Va

37

*36%

*102%

5

19%

•139%

140 Va

36

36 Ya

14 Ya

14 Ya

14%

14%

14 Ya

14%

14 Ya

*47 Ya

483/4

*47 Ya

48%

*47 Va

483/4

1023/4

103 Ya

*102 Y4

103 Ya

*102%

103Va

19%

20%

20 Ya

20 Ya

20 Va

20 Ya

36

103

19%

37

•

60

*107

—

48%

100

Corp of America

42%

*107

Peoria &

Eastern Ry

•

34%

35%
7%

*98 Ya

23

33 Ya

5%

23,500

10%

98%

*7

4

10 Ya

98%

*35

8%

3%

10%

74%

„

57,000

48

*47

'

4

36

940

10%

73%

139%

4%%

34%

Y*

74 Ya

100

Petroleum

33Ya

48

Pennsylvania Salt Mfg Co
Peoples Drug Stores Inc
Peoples Gas Light & Coke

30

34%

33

No par

5% preferred
Penn Power & Light Co
Pennsylvania RR

Jan

5Ya

72%

25

Pepsi-Cola Co

21% Mar

•46

—25

Penna Glass Sand Corp

105

5%

5

Penn Coal & Coke Corp
Penn-Dixie Cement Corp

Co

5%

76

No par

Co

Pet Milk

i

5,000

25

preferred

28

5%

98 Ya

No par

Peninsular Telep common

Dec

5%

Va

74Y4

5

Coal Co common.
prior preferred

15% May 21

15

14% Dec

Dec

5%

140

117

1

conv

49

8

19% Oct 22
16% Dec 19

3

34% Apr

24

Aug

31

3%

1

preferred

14% Aug

5%

*8 Ya

No par

Corp

Si

Penney (J C)

*139%

117%

—100

$1.30

14

11

33

5%

140 Ya

33%

preferred

29% Nov 30
81% Dec
9

Sep
30% Sep

Peabody
Penlck &

*139 Ya

33%

Paramount

Mines

Ya

117

'

5%

preferred
Oil

139

117%

10

$1.32

26% Aug 27
65% Mar 19

*124

3,000

139 Ya

*117

5%

Airways Inc

$1

9

8

110

5Va

117

Corp..—1

Car

World

29 % Dec

72% Dec

Oct 29

140Y4

116%

Corp common-4

Oil

21% Aug 10

Aug 10

83% Oct 30

17% Feb 27

140

Patino

2"% Dec

46

140%>

9

10% Oct

39% Dec

*139%

8% Apr

34

15

117%

21

17

25% Oct 28

117

'

29

33% Jan

117%

5

29

109

10,700

25 Ya

30

8% Jan

19

35

25

8Vs Jan

20% Jan

Dec

17,400

34 Ya

100
100

39% Jan

23

2

40 Yi f 40Ya

34 Va
24 Ya

15

35% Nov

Dec

40%

16

16% Oct 20

40%
34%.

6% Sep
4% 8ep

7

40%

24%

33% Jun

7

40 Va

20

35

28

7

44% Jan

5,600

25

26

34% Jan

10

90

30

34%-

Jan

30

47

29%

24%

8% Apr
18 % Jan

Dec

30% Jun

23
*

31% May

8

Consolidated

Motor

Panhandle

62

*45%

30 Va

24%

Pictures Corp
1
Park & Tilford Distillers Corp
1
Parke Davis & Co
No par
Parker Rust Proof Co
2.50
Parmelee
Transportation
No par

38

16

6% Feb 15

10

*61

47

29%

40 Ya

preferred

i%

62

46

35

98% Dec 30

2

*60

29 Ya

24 Ya

1

64% Oct
91

9

99

60

47

29 Ya

♦45%

34Y4

May 13

29

400

40 Ya.

Pan-American Petrol & Transp
5
Panhandle East Pipe L com—No par

83% Dec

900

24%

52% May 25
88% Mar 25

Mar

35

40 Ya-

2

33

12

34

34 Va

Pan Amer

Apr

34

24

Teleg com

Pacific Western

4%

10

73/4.

40 Ya

preferred

Packard

34

7%

343/4

11% Feb 26

8

60

34

83

*82%

73/4

-25

14

19

293/4

34

14%

83

No par

Corp

16

69% Jan

Oct

47

29%

28

41

33

61

*45%

8% Sep

10

,

*59

8% Apr

33% Jan
Jan

60

29 Ya

3% Dec

6% Jan

34%

45%

2

9% Jan

*34

45%

7

12

7Ya

'

34 I

60

12

16

*82%

29%

Jan

Oct

14%

82%

7%

—10

Mills

Tin

14%

82 Va

7Y4

No par

Lighting

Pacific

14%

82 Ya

73/4

No-par

Corp

Pacific Telep &

6%

No par

5% Dec

7

4% Apr 30
9

119% Mar 10

34

15

*82

8%

*7%

10

common

preferred noncum
2nd preferred noncum

30

Mar 17

Co

♦14Ya

$2%

♦82

5

1st

34% Dec 31

2-

110% Sep
129% Jun

8% Jen

Coast

143/4

100

Inc

Pacific Gas & Electric

30

132

Fisheries

25% Jun

Dec

30% Dec

108% Apr 24

No par

com

preferred-.

conv

Amer

73% Mar 26

49

12

cum

5

16

Mar 18

Oct~ 23

4%

13% Jan

55% Jun

35

24%

Pabco Products Inc

11

48

Oct 28

39% Dec

Mar 10

21

63

32% Jon

Dec

88

34% Dec

Mar 17

2

16

6

>

31

01

25% Jan

18
28

Oct

7% Oct

36%

141

5,500
300

2,900

36 Ya

500

14%

143/4

40,700

47 Ya

48 Ya

102 Va

103 Ya

100

20 Ya

20 Ya

2,000

38
•
*

200

19% Jan

25

30% Oct 30

42% Jan

2

26

105% Sep 29

117% Jan

2

91% Jun

18

108% Jan

41'/a Dec

31

29% Sep

21

43% Feb

5

33% Dec

15

28% Jun

16

32% Jan

19

May 15

20% Jun

24

No par

23%

23%

23Y4

23 Ya

23 Ya

6

99

23 Ya

Oct

Jun

1

111

Jan

5

4.4%

*107%

107 Va

107 Ya

108 Va

108 Ya

*108 Yi

IO8V2

24

86

Jun

24

99

Jan

2

3.8%

preferred
preferred

100

99% Jun

100

•94%

96%

*943/8

96%

96%

*95 Va

96 Va

96% Jun

96 Ya

10

108

Feb

26

4.3%

preferred

100

*103%

1043/4

103 Ya

104 Ya

104

104

*104

1043/4

7

108% Nov

12

4.68%

*107%

108

108 3/4

100 Y4

1073/4

1073/4

*1073/4

108 Va

*1073/4

108 Ya

20

21

18% Jan

8

36% Jan

5

9Ya
"29%

9%

27

preferred
.—100
Phila & Reading Coal Si Iron
1
Philco Corp common
3
3%% preferred series A
100
Philip Morris & Co Ltd common
5
4% preferred
100

33

May 3
Apr 17

29

22% Jan
103% Jan
93

Jan

*103% Jan

2

25

2

112

17

8

108% Mar

4

104

15%

Jan"" 2

26% Jan

83% Jan

2
3

42% May 15

03% Jan

12

95% Feb

13

20'/a Feb

8

36% Nov

12

90

12

52

101

July 28

July

8"% Sep
26% Nov

Dec

8

80
Apr 28
41% Dec 29

May

3

88% Dec

29

87

Apr

98% May 10

1

19% Mar 25

Pfelffer

34% Oct 20

Pfizer

2

25% Mar 17

88

55

101

Nov

27

Mar 13

Jan

23

Dec

30

98% Jan

13% Mar 15

20

Dec

31

18% Jan

27

29

Dec

23

94

98

Dec

17

92% Jun

1

98

Jan

29

64 Ya Dec

30

July 29

48%-Feb 20
9% Dec 23

33% Jun

5

Jan

4

96

15% Apr 29

48% Sep

15

12

Jan

4

10

Dec

30

39

Mar

5

32

Sep 21

8

95

July 22

19

Jan

102% Apr
19% Dec

24

Nov

14

110% Jan

21

34% Oct

1

37% Jan

29

89

Oct

6

95% Feb

91

Oct

1

106 y2 Jan

46

May

1

110

14% Dec

24

5

69% Mar 25
19

May 18

37% Jan
101

Jan

14
2

6

22% Mar 27

106% May 22
18% Dec 29

106% May 22
29% Jan
5

13

77

Dec

24

94

Feb

28

76% Dec

29

97

Jan

7

Nov

26

41% Sep

15

59% Feb

3

17% Jan

14

62

11

17

Sep

15

142

Feb

21

156

Aug 18

148% Apr

21

162

Sep

3

151

Jan

4

165

Aug 25

153% Jun

11

165

Feb

6

42% Mar 17

56% Dec

12

8

Oct

27

10% Jan

21

17

Oct

16

44

16% Mar 18

Sep

18

6% Dec

31

9% Feb

58% Mar 16
26

25% Jan

21

12% Sep

15

21% Jan

5

70% Oct 30

85

Jan

17

27

80

Jan

17

60
Sep 21
59% Dec 31

73% Feb

88

Oct 23

i

20% Apr
129

18

Jan

31

25% Apr

17

25% Dec 23
145

Aug 27
34% July 9

17% Sep
Jan

9

18

Sep

14

86

H%

Jan

28% Oct

3

16

40% Oct 24
15

Dec

22

12%

Feb~l4

2

14

34% Apr

23

46% Feb

13% Oct 13

17% Jan

29

37% Mar 15

551/4 Feb

13

30% Dec

19

22

7

18% Dec

4

16

13% Jan

18

9

35% Dec

15

7% Sep
34 % Jan

8

69% Dec

11

59% July

11% Oct

Apr 27

31% Jan

15

9% Oct

80

25% Mar 18
150

14

14% Jan
31% Sep
62% May

Mar 20

Sep

10% Sep
23% Sep

Jan

15

146

75

16

Jun

8

15

98

July 30
12% Jan 14

11% May

8

39

71% Dec

May

2nd

&

Phelps-Dodge
Phila

$1

3.9%

Inc com

Co

common—No par

preference

series

com

preferred

100

convertible

$4.80

9% Dec

31

15 Ya Jan

20

29

82 % Jan

5

66% Oct

16

Co

5%%

(The)

common

preferred

conv

Creek

Poor &

Co

Potomac

Publicker

$4.75

25% Apr

17

138% Jan

3

24% Dec

15

23% Jan

2

72

9

Jan

35% Jan
148

Jun

Co

Power

Pub Serv

24

$1.40

27% Feb

4

0

29% Nov 25
81% Dec
8

3y«Nov 14
3% Jun 18

4% Oct

4% Jan

9

11

88% Jan

2

97% July 18

40% Mar

5

48

For footnotes




see

Aug 29
page 26

25% Aug 31

1

1

Jan

6
6

Industries

Inc

20

64% Jan

2

4

cum

Pullman
Pure

5%

El

com

10

Indiana—No par

1
com

preferred

(The)

conv

100
25
25
No par

com—No par
100

100
No par

Inc

Oil

5

No par

Gas

common

preferred

No par

100

2

21

Nov

19

29 Ys Jan

6

Radio Corp

68

Jun

18

79

2

2% Oct
Sy4 Sep
86

15

15

Jan

4% Jan

6

5% Dec

4
9

Feb

26

96

35 % Dec

30

47% Mar 25

Nov

6Ya
14%

53 Ya
7

14%

•61%

63%

*63

64

*20

20%

59

59 Ya

12

*11

11%

36

IOP/4

*101

22 Ya

22%

59%
*11

36 Ya.

363,4

20 Ya

82

81

12Y8

59%

593/4

12

12

12

37

*37

60

*101 Ya

20%

100.

1,800

22%

23 Ya

5,700

20 Ya

4,400

•105

'

*105
20 Y4

28,109

102 Ya

22 Ya

22 Ya

37%

♦101%

102 Va

22 Ya

1013/4

*105

20%

93'A

22%
94 %

11%

*11

16%

20%

21%

*80

83

81
*

81

78 Ya

79%

793/4

79Y4

700

45

81

45

443/4

45 Ya

2,400

12%

2,600

12 Ys

12 Ya

12'/a

30

53%

53 Ya

53%

6 3/4

6%

6Ya

12%

54%
7

7

13 Ya

14 Ya

14

14 Y4

61 %

61%

63%

63%

•63 Ya

64%

64 Ya

65%

*64%

20Ya

20%

20%

20%

*20 Ys
*

63

64

~90
8,600
4,500

3,500
140

65%

*65

20%

900

21

400

•148%

148 Ya

21%

21%

93

93

2,600

22 Ya

22%

21%

22 Ya

21 Ya

21%

93%

93 Ya

92%

92%

93

93

11%

11 Ya

11 Ya

*11

11%

27%

27

27 Ya

27

27%

26%

27

7,900

32 Ya

33%

33 Ya

33

33

33 Ya

33 Ya

1,200

*11

*11

11%

310
200

143/4

143/4

14 Ya

14 Ya

14%

14 Ya

15

153/a

1,600

17

17

17

17

17 Ya

17 Ya

173%

173/a

17 Ya

6,700

9%

8Ya

9

83/4

8%

8,500

*36Ya

38

9

9%

8Ya

37

*36%

37

•36 Ya

37%

*36 Ya

70%

71

X69%

70 Ya

69 3/4

70%

69 Ya

10%

10%

11

10%

10 Ya

79Y4

79Y4

80

*79 Ya

*

•36 Ya

701/4

10V4

38

693/a

693/4

5,200

10 Ya

103/4

14,500

80

79 Ya

79 Ya

1

10%

10%

'

793/4

33 Ya

33 Ya

33 Ya

34

33 Ya

34

34

341/a

33 Ya

34 Ya

5,700

36%

36%

363/a

36 Ya

363/a

36'/a

36%

36'%

36 Ya

36Y4

4,200

87

86%

86'%

85 Ya

86 Ya

25%

26

•25 3/4

*2734

28

27%

*79

*79

85%

85 Ya

*85 Va

86 Ya

26

26

26%

26 Ya

26 %

26 Ya

28 Ya

283/a

273/4

273/4

28 Ya

28 Ya

263/a

263/4

26 Ya,

27 Ya

*85%

*99Y4

101

108%

*107
42 3A

51 Va

43
52 Ya

109 %

*108

29 Ya

29 Ya
144

144

26 Ya

26 Ya
101

*107
42 Ya

52

108%

29%
•143%

26Y4
27

26 Va

26%

26 Ya

26Ya

5

26 Ya

26 Ya

26%
26 Ya

108 Ya

*107%

108 Ya

*107

108'%

*107

52 Ya
108 Ya

29 Ya

43

52%
♦108

29%

43%

53%
109

29%

42 34

53%

*108Va

29 Ya

43

54%
109

29%

20,900
200

293/4

3,500

29 Ya

144 Ya

30

21%

21%

3,200

55,400

233'a

23%

24'/a

78

78

78

5Ya

54 Ya

108 Ya

21%

144 Va

233/a

38%

53Y4
108 Ya

21%

*144

78

*90 Ya

220

5,100

21 Ya

144

23%

5 Ye

43

21%

144

78

38 Y4

42%

21 Ya

145

23%

92

29,100
8,700

108 Ya

43

78

Ya

26 3/4
101 Ya

23%

5Ya

263/4

*101

77 3A

38 Y4

1,100

101 Ya

22%

♦90

5,300

♦101

No par
RKO Pictures Corp
1
RKO Theatres Corp
1
Ralston Purina Co 3%% pfd
100
Raybestos-Manhattan
No par

3 Ya

26%

50

26 Ya

101 Ya

qt America com—No par

3 Ya

26 Ya

70

28

*101

21%

3%

*

101

21%

1st preferred

14 Ya

64

20Ya

*148%

7

13%

14%

63

56%

6%

65V2

14

21 Ya

$3.50

55

7

14 Ye

9'/a

9

12%

•148%

*148%
22%

12 Ya

*14Ya

Colo

&

53%

12%

No par
10

25 Ya Jan

9
2

*80

32 Ya

15

30% Mar
146% Feb

45%

20%

33

20% Sep

17

22 Ya

26Ya

Quaker Oats Co (The) 00m
8
6% preferred
100
Quaker State Oil Refining Corp—10

131% Jun

59

36%

*105

20%

323/4

preferred

preference
preferred

4.70%

43 Ya Jan

*101

26 Ya

No par

dlv

4.08%

109% Jan

109 Va Mar

353/4

26 Ya

preferred series A—50

preferred
preferred
4.90% preferred

20

18

22%

58 Ya
*11
,

I

1

Gamble

cum

27Ya Feb

2

22%

5

class B

conv

&

27% Oct 30

Jun

1013/4

Pressed Steel Car Co Inc com (Del) _1

27% Jan

15
42% Sep 14

•100%

100

Pocahontas

Electric

9

35% Sep

353/4

Pittsburgh St West Virginia
100
Pittsburgh Young & Ash pfd—100
Pittston

22

103

58 Ya

11%

35%

55

15

11

57

*11

25

54%

Sep

23

98

166 Ya

24% Jun

Apr 28

31 Ya

*933/4

162

24% Jun

69% Jan

873/4

*28 Ya

98

*163 Ya

18

43% Jan
110

*85

31%

*93Y4

•157%

4.32%

39% Mar 20

87

*28%

165

3%%

106% Aug 11

*81

31%
98

*84

162

5

102

87

*28%
*933/4

164 Ya

5

4

100

87

97 Ya

87

*157 Ya

26

18

100

167

84% Nov

Jun

13,700

162

3

92

110

43
89 Ya

*165

23

101% Jun

42%
*86

*157%

Jun

21

88

*86

43%
92

166%

Jun

Nov

*85Y4

162

73

109

42 Ya

43%

*164

22

2

92

•157%

of

3

86

*85 3A

166%

of

92% Jan

86'

*84%
42 Ya

86

43%

162

Co

102% Jan

6,000

12%

Co

27% Aug
6
103% Nov 20

29 Ya

*164

Serv

27% Nov

29 Ya

*157%

Serv

2

29 %

31%

No par

Coal Co

110

29

92

86

100

1

Public

2

*84%

270

104

*84

guaranteed preferred
100
Pittsburgh Plate Glass Co
10
Pittsburgh Screw & Bolt
No par
Pittsburgh Steel Co com
No par
5% preferred class A
100
5%% 1st series prior pfd
100

Public

24% Jan

423/4

•85%

104

97

29 Ya

79

11

24% Jan

43%

109

*95%

11,200

45%

29

Jan

86

85%

2,100

108

10 Ya

79

35 Ya Dec

25

85%
42%
85%

29

24%

24%

24

9Va

45

37% Dec

11

29%

5,900

10%

79 Ya

5

May 16

29 Ya

16,100

333/a

10

45 Ya

18

87

29 Ya

333/a

33 Ya

%

10

79%

29 % Jun

26% Dec

9Ya

45

26% Jun

2

9%

45%

34% Dec

8

9%

80

31% Nov 26

Jan

23Y4

82

8

Sep

33

108

1,640

32%

33

33

*79

1

25

32 3/a

33 Ya

*80

(conv)

26% May
81

33

33

20

28% Apr

10

32%

33Ya

*933/4

7%

4%%

76% Dec

33

33 Ya

*105

preferred

Procter

2

32 Ya

33%

4,900

17,300

*20 Ya

2

Pittsburgh Forgings Co

7

22

33 %

33%

153/a
35 Ya
104 Ya

Pitts Ft Wayne & Chic Ry com—100

16

86% Jan

32%

34Ya
104

31%

5

17% Jan

105

100

Pitts Consolidation

15 Ya

Va

35

104 Va

87

Pond

8

X34%

97 Ya

3

May 13

35 Ya

104Y4

15 Ya

*28%

2

7

34Y4
104 y4

com—No par

RR

Pitts Coke & Chem Co

$5

15 Va

35
106

preferred—_No par

St

15

15%

34 Ya

*1043/4

*93%

No par
5

common

preferred
Pltney-Bowes Inc
L

15 Va

35

No par

com

$4

&

15 Ya

15 Ya
105

34 Ya

No par

Plllsbury Mills Inc

C

15%
105

100

Phillips Jones Corp
5% preferred
Phillips Petroleum
Phoenix
Hosiery

Pitts C

1

(conv)—100
12.50

Corp

Electric
conv

8

Co
Co

preferred

Plough Inc
Plymouth Oil Co

19% Mar 23

1

Brewing

(Chas)

4%

3%
5Ya
92

38%

3 Ya

5
•90%
38 Ya

♦144

23%

24 Va

78'/a

78%

78'%

3Va

3 Va

3%

3'/a

3%

5 Ya

5

5'/a

4Ya

5

92

38%

92

*38%

92

38 Ya

931%
•38%

93'%
39

1,000
7,600

19,700
60

700

23

,24

The. Commercial and Financial Chronicle

(412)

NEW YORK STOCK RECORD.
STOCKS

Bmic tor Previous

37

1

Lowest

-

Highest

24% May

NEW

Range for Year 1953

Year 1952

Lowest

22

19

Dec

Sep

Highest
14

35% Jan

5
15

Rayonier Inc

34% Dec 22

26% Oct

9

33% Jan

8
5

4%

6

4%

noncum

8

Feb

20

41% Dec

9

36% Dec

24

41% Feb

30% Jan

15

35% Dec

19

31% Dec

22

36

11% Feb

11

8

12 Ye Jan

18 % Jan

4

1

16 Ye Oct

13% Jan
22

July

Mar

$2

preferred

/Reading Co

6

29% Nov

6

22 % Mar 23

Reed

15% Jan

Reeves

6

<

37 %

*36

37 %

*36

*32

33

*32

32%

*32

5

Co

*27

*27%

36,900

27%

*26%

*26%

27%

37%
-

*36

37%

*36

32%

*32

32%

32

28

28

*27%

28

17%

17%

18

18

18

*18

18%

18%

18%

900

13

13

13%

13

13%

*13%

13%

13%

13 Ya

2,100

f

28

*27 %

Reliable

18

114% Jan

19

5

10

29

62% Jun

1

Reliance Mfg Co common
Conv pfd 3%% series

100

*59

21
Sep 14
Aug 14

2

Remington-Rand

50c

14 %

14%

25

95%

95%

96

96

1

20%

20%

20%

21 %

21

21 %

20%

20%

Republic Aviation Corp
1
Republic Pictures common—50c

22%

23

22%

23

22%

23%

22%

23%

3

23

58

Jan

26

54% Apr

17% Oct

16

21% Jan

2

13% Sep

19% Feb

90% Feb

19

98% Dec

16

84

97

18 Ye Jan

3

24% Nov

24

18

19

22 % Nov

19

19% Jan

12

Jan

23

2% Sep

17

10"% Mar 29

9% Sep

14

11% Jun

31

14

52% Mar 17

115

Jan

3

40% Sep
103% Jun

10

115% Mar 17

35

Dec

12

5% Jan

6

16

11

23

31% Apr

2

5% Feb

42% Sep

14

10 % Jan

6% Oct

21

32 Ye Jan

2
5

47

4%

43% Dec 22

40% Jan

2

6%

16
-

Sep 21

9% Mar 20

36% Dec 22

49

Oct

28

48'

58% July 21

92 % Apr

25

80% Jun

5

Dec 30

98% Dec

14

Jan

3

101% Jan

2

107

14

33

Dec

31

common
.

conv

Reynolds

Aug 10

(RJ)

Preferred 3.60%

Preferred

*28

5

*4%

29

29

V

10%

*9%

10%

*9 3%

59%

59'%

59

59

14%

14%

14%

14%

15%

*93

96

*93

60

15%

96

3%

3%

3%

3%

3%

3%

20%

23

16,300

96

20%
-

r

23%

11

11

11

10%

11

49%

49%

49%

49%

50%

A—100

-116%

121%

*116%

121%

121%

*117%

38%

38%

38%

3%

J

3%

11

No par

38%

—___2.50

6'%

6%

No par

54%

56%

1

5 %

300

38%

*46

100

82%

98%

100

39%

39%

40

6%

6%
56%

5%

5%

82%

83

38%
*46

;

6%

39 <4

*46

83

*81%

99%

99%

26%

26%

26%

26%

51

52

52%

53%

25

25

25

99%

100%

,

6%

38%

51

83

r

6%
39

6,200

7%

62,200

56%

10,900

6%

6%

1,800

39

38%

"

51

*46

41,300

51

83%

83%

600

100%

83%
100

100

39%

6%

56%

38%

.

56 Ye

6%

56%

51-

2,000

43,900

120

39%

6%

5%
*46

83

100

38%

3%
1034

50%

*117%

56%

17,800
5,200

10%

120

6%

38%

51

*117

4,800

1

49 %

-

56 %

6%
56% 1

5%

38%

10

series

100

59

1434

96

48%

i

100

10%

*9%
*58

11%

com

.■

5

29%

*28%

10%

60%

14%

*4%

4Tb

*28

49%

series

4.50%

*4%

29

*59

60%

3%

10

5

4%

*9%

11%

'lob class B

5

*4%
29-

10

48%

Common

Jan

100

'

'

90 3/4 Jan

107

•*

5

29%

10

prior pfd series

Rexali Drug Inc
Reynolds Metals Co
Reynolds Spring Co

*4%
*28%

No par

Revere Copper & Brass

22

Jan

56

Corp

$1 convertible preferred
Republic Steel Corp com

30

6% Apr

13

30

3

42% Oct

7

6% Jan
67% Jan

July 29

4% May 18

28

.VH

10
No par

prior preference

Stores

$4.50 preferred
Motors Inc

Mar 18

47% Dec

10
16

div

Reo

23% May 25
27

50c

(Robt) & Co—

$1.25

100

28

26

7% Mar 20

37%
32

13

31% Feb

Bios

900

v

17%

No par

Inc__

1,800

9%

23

52% Sep

85

*36

50

34%

93/8

23

9% Dec

Oct

27%

15,900

33%

9

Sep

10% July

Ye Jun

27

28 Ya

%

,

Dec

28

5

27%

Shares

Jan. 21

27%

33%

9

4

8% Oct

28

33%

9

25

16

Reis

48

26%

26%

33

8%

/

'

7

7% Jan

7

24

Bit

9

27% ' 28

33

33%

8%

28

50

preferred

Real Silk Hosiery Mills——
Roller

26%'

,__50

*33

9

27%

28

the Week

Friday
<

Jan. ->A

30% July 24

10

108% Jun

2nd

%

Sales for

Thursday

15

Jan

3% Nov

Co

PRICES

Sep

26

5 % Dec

9% Jun

33%

8

:

Raytheon Mfg

SALE

Jan. SO

12

17% Jun

13% Oct 30

37% Oct

33

common—
,
noncum 1st preferred

4

4

27-%

27%

25

14% Mar 18

25% Feb

13% Jan

27%

,—5

15

30% Dec

12% Dec 30

HIGH

Wednesday

Jan. 1!)

Jan. 18

l

common

28

36% Sep

15

.

AND

Tuesday

Monday f
Par

Sep

24

9% Sep

25

STOCK

343/4 Jan

33% Dec

36

YORK

Monday,. January 25, 1954

Continnedr—Page 10
LOW

EXCHANGE

t

...

101%

1,770

1

24

*

Nov

53% Feb

12

Jan

74% July

27

22% Sep

14

29% Mar 18

Rheem Manufacturing Co

9

43% Sep

14

65

Richfield: Oil

Jan

5

—1

5% May 13
18% Dec 16

7% Sep
29% Jan

35% Dec

17

2

Mar

11

23

9 Ye Dec

18

16% May

27% Mar

26% Dec

29

44 % Mar 10

16% Sep

15
7

9

5

6% Apr

2

11% Dec

48% Jan

23

19% Dec

5

Oct

4

21% Mar

Robbins

3.

Mills

4.5(1%

:

—No par

Inc

preferred series

5%%

May

k99

16

40

1

155

35% Jun

Nov 25

103

Jan

23

7

Rochester

18 % Dec

33% Jan
110 i

29

21 % NOV

9

Rockwell

Spring

Apr 24

149% Dec

11

Rolim. &

liaus

22

115

43% Dec

Nov

3

Jun

2

Dec

17

4%

29

Apr 23
18% Feb 15

92

9% Dec

6% Sep

24

10% Jan

13

Ronson

19% Oct

29

24% Jan

14 % Dec

29

22% Jan

30

Royal

Nov

19

3

105

Jan

2

65% July 15

50% Sep 30

62

10% Apr

17

17% July 18

11% Dec

17% Mar 23

54

15

Gas

I'll

&

50

A_

*27

*7%

7%

7%

11%

10%

27%

*27%

*27

7%
*

27:i4 '

27 %

183^

18%

18%

18%

18%

18%

24%

24%

24%

24%

24% -24% *:

1
Co

41%

■

19

—5
20

42%
193%

149

100

96

1

1

Typewriter
(The)-;

/

v

*94

42%

42%

19%
150 v
99

19%
:

*148%

42%

42

•

19%

t

19%

.

*95

100

-

75/b

16

16%

16%

16%

16%

16%

60

59%

60

61

61

6 If

143/4

14%

14%

14%

14%

15%

►A

-

3,700
4.600

7%,

•-

300
•v

18%

.

*24%
41%

2,500
"

25

1,300

41%

1,800

19%

19 3/b-

10,100

152

7%

7%

..

.

151

100

*95

150

200

8%
27%

18%

..

42%

19%

150

7%

7%

*14%

5

(Jacob)

19

734

7%

59%

Works Inc

42%

*147%

149

96

<

18%

12,800

4

10%

.

10%

24%

2,200

54%
25 3

7Tb

11

18%

-No par

C'orp

Axle

27

53 3/b
*25 Ya

11%

27%

26%

543b
25%

*24%

15%

Art Mel.ul

Ruberoid Co

27%

7%
11

•

53

.25

preferred series A

Ruppert

7:%

10%

27%

'

7Tb
10%

1

27

26%
*25

com—1

common.

&

Co

*24%

10%

20

preferred

conv

25

7-%

common'.

Robertshaw-Fullon. Controls

3

2534 Aug 14

i

51

*24%

Roan Antelope Copper Mines
>

31

22

26%

50 Ya

26% Dec

10

23%

26%

-

Corp

Kilter Company

22% Oct

27% Dec

152

100

100

1,500
30

*7%

73 V

2,300

16:,4

16%

1,900

61

60%

60 %

1,500

14%

14%

15

1,700

r

s

29% Feb

29

Oct

9

84

99% Sep 10
35% Oct 23

35% Nov 26

32% Jan 23

21

81

107% Nov 26

103

99% Feb
54

Feb

18

Bafewuy

93 % Nov

9

120 Ye Dec

18

43 % Jan

5

St

30% Oct

6

40% Dec

12

Feb 26

Jun

7

Stores common

4%

preferred
4%% conv preferred
__

5

17

29

19% Nov 24

St

22

Dec

29

33% Jan

30

St L San

75

Dec

30

61

Sep

14

77% Feb

2

Preferred series A 5%

Bt Louis Southwestern Ry

31% Dec 23

205

Feb

8

312

Dec

3

211

312

Jan

5

150

Oct

7

175

Dec

5

150

160

Sep

14

16% Jan

9

24% Feb

6

Sep 15
May 26
17% Sep 15

91% Sep

23% Mar 25

4

97

May 29

17% Jun

11

24

Dec

31

Sep

9
14

Nov

17

18% Jan

2

10% Dec

22

15% Mar

23% Oct

29

33% Jan

2

20

Sep

15

28

Jan

6

11

Sep 15

17

Mar 23

54

Jan

13

Mar

49% May

1

87% Oct 30

59

Dec

21

10

94
Apr 21
105% Jun 30

96

Nov

12

27

Jan

13

70% Dec

16

85% Jun
1
'98
Jun 18

91% Jan
105

23

Feb

30

35 Ye Jan

30

24% Dec

29

313/4 Jan

85

Feb

13

89 Ye Apr

29

81% Jun 30

86% Feb

2

103

Oct

20

14% Jan

2

116% Jan 30

91%
*119%
33

33%

18%

19

19

26%

26%

26%

67

66%

66%

Co

common—*

19%

19%
26%'

225

225

235

235

*130

165

*130

165

*130

21

21%

95

95

21%
*94

*25

25%

25%

*11%

12

12

12

21%

21%

22%

22%

22%

15c

12%

12%

12%

12%

121/a

12%

No par

70%

71

71

71%

71%

71%

91%

No par
25

*101
26%

91%
103

*92

92

93%

*10f

103

27

27%
86

86

*101"

27%

27

'

21%
95

*95

96

740

25%

*25%

21%

21%

43,500

26

400

12%

12

12

800

22%

22%

22%

22%

12%

12%

12 3/8

12%

8,000

71%

73%

73%

75%

'17,500

*12

,

93%:

*92%

92%

103

*101

103

*92%

27%

27%

93%

27

87

85%

85%

*85

105

*102%

*85%

87%

100

*102%

103%

103%

103%

*102%

5

*17%

17%

17%

17%

17%

17%

*173/8

100

*75%

30,900

40

103 /

103

27%

100

*85

50

165

25%

25%

12
21%

1,300

230 *

95

95

94 %
25

12

15,100

21%

21%

94 %

5,900

66%

230

165

21 Ye

6,600

25%'

240

-

No par

34

*66%

*130

25

preferred

66%

*225

5
'——1.40

Bcovlll Mfg Co common
3.65% preferred

26%-

65%

165

10

Inc

19%;

25%

225,

20%

100

Corp

450

4,000

33 Tb

225

5

16,100

91%
120%

*130

1(H)
100

preferred

"i

-

40%

91%

119Tb

34%

19%

19%

25%

40%

8

91%121

30

27%

1,600

87

20

Jun

19

Feb

3

3

15 Ye Jun

10

173/4 Dec

3

May 21

68% Jun

15

79% Jan

29

*72%

75

75

75

75

77%

20

36%,Sep

14

45% July 31

Seaboard

40

43%

44

43%

44%

44

44%

44

44 3 8

44

443%

11,800

21% Sep

15

26

Seaboard.Finance Co commqn
$5.75 sink fund preferred-No par
Seaboard Oil Co of Del
No par

24%

24%

24%

24%

24%

24%

24%

24%

24%

25

104%

*103'%

*103%

105

16% Oct
86

75% Jan

4

19% Jan

12

24% Dec

98

1

110 '

91 %

32%

33%

40 3

40%

40 3b

120%

66%

Scott Paper Co common
$3.40 preferred
$4

-

19

Sclieniey Industries

12

32%

9iy4
120

25:%
65 %

Paper Co

Bcherlng

25

29 Ye Oct

34

39%

39%

90%
119

18%

Savage Arms Corp

6

102% Oct

39%
90%
118%

25%
64%

100

1st pfd 4.40*/;/ series A
Sangamo Electric Co

9

33%

40

90%
119%

Power—No par

Light &

noncum

St Regis

6

x88 •

118

F Ry Co common—No par

Joseph

5%

•

_10

16% Jun
22% Apr

x60% Feb 27

*90%

100

Joseph Lend C'O

39%

-

—10

—

8

103% Nov

99% Aug 24

Dec

4.30% conv preferred
Scranton Elec Co (The) com
3.35% preferred

9

Air Line RR Co

*103

Oct

15

103% Apr

3

72

12% Feb

13

2

12% Dec

29,

17% Mar 24

50% Feb

29

16% Sep
62% Dec

10

56% Apr

17

62% Dec

18% Jan

15

23% Dec

31

20% Sep
8% Sep

11

26% Mar 27

Seeger Refrigerator Co

15

12 % Mar 12

Seiberllng Rubber Co

l

9%

13

14 3/8 Feb

26

Servel Inc

common

1

g%

60% Oct 27

80 ; Apr
42% Dec

14

$4.50 preferred i

No par

65 %

75

9% Oct 27

14% Jan 29

7% Feb

13% Dec

68

25

Mar 13

29

7

82% Nov 26

20

43

Oct

16

42% Jan 30

x8% Feb 28

10 % Sep
8
29% Jan 29

23"% July 31
65% Feb 27
13% July 2

17% Dec
Dec

32

July.

49

Jan

18.
6

48

90

8

18
Sep 15

Dec

24% Dec

Aug 13

2g.,

17% Jan

6

35

July 16

6

22

15
11% Sep 15
28% Sep 15

7

263/4 Feb

79% Dec

43 V* Mar 20

Dec

30% Sep

16% Mar
34

30

Jan

Shell

Oil

Simmons

Sinclair

Oil

11% Oct
53

Nov

3

13%

60%

61 Ye

60%

61%

61

61%

60%

613/8

60%

22

22

22%

22%

22%

22%

*22%

22%

*22%

9%

9%

9%

9%

9%

93/8

9%

9%

9%

1,800

8%

8%

8%

8%

8%

8%

8%

8%

8%

12,600

*

15

66 y2 Mar

20

63% Nov 20
19% Aug 27

80% Apr

66

66

65 %

66%

653/j

66

65%

65%

180

44

44

44%

44%

44%

44

44%

6,600

35

35

35%

35%

35%

34%

35 1

4,500

1

*26%

27%

—_—15

79%

79%

79

80 Ya

19

ie

16%

16 Ye

8%

,__i

*

9

13%

13%

31%

31%

—Nopar
—Nopar

37

37

35%

36%

25

Steel

38

1

Corp__

9

9

*26%

27%

8%

79%

80

79 %

79%

7,200

16

16%

16

16

15%

16

3,500

14%

14%

14%

15%

15

15%

31%

32

31%

32

31 %

31 %

31%

31%

37

37

37

*36%

37

36%

36%

300

36%

36 %

36%

37%

36%

37

36%

36%

30,200

39 Ye

39

39%

x39 Ya

39

39%

5,600

13%

14%.

38%

(A

10

27%

28%

27%

28%

28%

Dec

22

17% Feb 27

Smith

(Alexander) Inc common—20

8%

8%

8%

8%

8%

8%

*39%

22%-Apr

13

3

Dec

8

21% Mar

14% Dec 30
32% Oct
16% May
124% May

40% Jan *25

15

2

21% Jan
143

30

14

Sep 18
14

14% Sep
121

5

Sep

5

Jun

18

7

6% Dec

12

4% Sep

14

9

12% Dec

10

11% Jan

2

15

45% Jan

17

52

Dec

23

47

7

53

16

69

Jan

14

32% Dec 31

53% Feb

16

33

40

Jan

Solar

5

42% Jan

13

50% Dec
38

May

6

34

Apr
12% Jan

14

21% Apr

22

2

Oct

Dec

33% Jun

9

19

16% Feb

11

27% Feb

8%

24

Dec

23

Nov

10

30

16

47% Dec 23

Jan

18

76

Dec

29

73

11% Oct 23

16

Jan

17

11% Dec

23

Jun

5

393/8 Mar 16

333/4 Feb

California
Southern Co (The)

South

10

Indiana

Southern

35% Dec 29

493/4 Mar 18

South'n

38

49% May 20

5

Aug

6

Oct

28

Feb

21

6% Jan 29

100

4

9% Jan
103% July

.

16

49

Dec

23

57%. Jan

9

May 16

103

29

Oct

2

Dec

21

18

60% Dec

22

19

62% Dec

28

101% Dec
19% Jan

Spear &

16

107

98 % Feb

2

17% July 18
31% May 1
7% Nov 16

26% Jan

7

12% Sep

14

45 % Dec

12

14

49% Mar 20

10% Jan

3

35% Sep
5% Sep

14

9% Mar 19

63% Nov 18

73

13

52 % Dec

29

67% Mar 23

$5.50

Spencer
4.50%

25% Feb 26
22% Jan
2

80% Jan

2

Jun

34 V* Dec

8

28% Dec

11

12% Jan

2

3

18% Nov 26

For footnotes

see




31% Jan'

25

92% Apr
3
18"% Oct 28

Jan

21% Aug 31

29% Mar 18

Sep

15

6

80%' May

91

Feb

11

12 % Dec

17% Jan

6

5
29
10% Sep 15

page 26.

1

4.60%

5

20% Mar 18

Co

Conv

Square

390

14%

14%

14%

14%

*14%

14%

14%

14%

800

16%

16

16

16

16%

37 Ya

37

37%

37%

37%

16%

16%

16%

17%

18%

*133
5%

138

" 5%

14%

15

52

52

*135%
5%

14%
*50

139

53i
15

52%

*135

53/4
14%

*16

37%

*37%

37%

37%

*35%

36

35%

38%

38%

39%

38%

53,200

19%

18,700

*50%
37

35%

38%

1,000

37%

183/4

5%

37%

35%

16 Ya

37%

18%

15

52%

35%

16%

37%

18%
*135%

5%
15

*50%

16%

367/s
A

140

37%

139

*136

140

s

5%

3,600

15'%

15

15%

18,200

52%

50%

50%

5%

53/4

37%

37

37 :

*35 3/8

35%

35%

35%

200

2,100
400

39

38 3/8

3834

38%

10%

16

16%

16

16%

16

25%

25%

26

25%

26

25%

26

29%

30

29%

29%

29%

29%

29%

29%

29%

29%

7,300

38%

38%

38 %

39%

39%

39%

38%

39%

38%

39%

32,400

41

41%

42%

4234

42%

433V

32,100

38%

38%

38

38% \

(Del)—.-No par

common

No par

preferred———50
stk tr ctfs

2nd

pfd

t

15%

38

100

*80%

1

Inc

12%

Nopar
1

5
<

Nopar
common—6

*105

40%

42%

38%

38%

*80

81

12%

*12%

12%

5%

5%

5%

4%

107

ib6

*80

12%

5%

5%

5%

4%

*4%

106

*105

57%

57%

57%

57%

5734

59%

59%

58

58%

*58%

103%

*102%

5

107

57%
59

41%
-

42%

*38

38%

*80

81

12%
5

*43/4
*105

12%
5

5

107

*79%

12%
5

14,600

16%

18,500

..

12%

-

200

107

-1

57%

57%

57%

2,300

59%

58%

58%

300

*102%

103%

*102% 10334

103%

14%

14%

14%

14%

14%

143/4

143/4

15

15

15%

46,

45%

46

46

46%

46

46 %

46%

46%

2

(stamped)-No

6%

6%

7

par

58
26%

60%

*58%

26%

28%

29%

5"

—

com

Nopar
Nopar

Standard Coil Products Co Inc_:

1

Go_No par

10

57%
*53%

45%

7

500

2,000

5

*102%

7

900

81

1

103%

2,700

5

*4%
*105

38%
.'

l

7

*102%

81

12%

100

1

& Electric

*4%

38

81

50

preferred

Standard Brands Inc
$3.50 preferred
Standard* Gas

10

43

25%

preferred

Co

39

43

.

16%

Chemical. Co

D

39 ¥2
43%

*38%

43%

26

preferred

$4.50

*38%

44%
14%

15%

Spencer Kellogg & Sons
Sperry Corp (The)
Spiegel Inc common
'

2,900

38%

44

25%

common

conv

8%

38 3/4

16%

&

Spalding (A G) & Bros
Sparks Withinglon Co

7% Mhr 25

Feb

•

& Ohio

8%

5

Co

Railway

non-cum

Mobile

15% May 25
7% Mar 17

44

2

99% Jan

4 % Dec

5 %

May 21
80% Oct
2

523/4 Jan

19

Feb

11

40

103

9

38% Apr
52

Mar 30

4% Dec 31

17

Natural

Southern

Sep 11
36% Sep 21

66

8%

Elec__No par
Gas Co
7.50

Gas

Pacific

2,200

8%

44%

25

Edison

27%

40%

.

25

Southern

27%

*44

36%

_50

preferred

'

28%

*39%

*16

pfd—100

preferred

,

Y\

39%

27%

'

44%

1

South Porto Rico Sugar com.No
par

2

16

13% Sep
22% Jun

15

26

5

Amer Gold & Platinum
l
South Carolina E & G Co com_4.50

5%

2.600

40%

15

Co—

South

1

16% Nov

38% Oct

28

16

May

Aircraft

26,000

14%

Nopar

Solvay American Corp. 4%

27

Mar 26

38% Nov 20
Dec

,

,

44

100

Smith-Douglass. Co Inc
Socony Vacuum Oil:Co Inc_

140% Mar 13

7% Feb

100

preferred
Smith-COrona Inc

213/4 Mar 20

8% Jan

preferred

4.20%

1

37% Jan
1

3%%

6

18 Ye Jun

4% Feb

7

,

28%

4

'

*36%

Smith

25

200

80%

8

58% Mar

1,100

80

Jan

70% Feb

27%

26%

37

Corp

8%

*26

26%

29

;

8%

9

*8%

9

'

27%

*26%

38%

42% Oct 15

500

34%

Skelly Oil Co„

38% Oct 21

12,300

43%

5

7

.

35 Ye

Aug

22

61

22%

65 Ya

42

8

*

13%

43 Ya

14

17% Mar 12

*13

34%

iqopnr

O)

13%

*13

43

1

23% Sep

38% July 24

—

800

87%

*13%

33% Oct

32% Mar

A.-*

88%

88%

87%

13%

Co
&

88

86%

*13%

No par
No par

Corp

Sltnonds' Saw

105

86%

86%

13%

Sheraton'Corp of America

5
20

*103%

105

6,400

87%

Gas

&

*75%

300

87%

5

Corp—

Sheller* Mfg

43% Mar 20

11

Oil

77%

20

17%

*13%

Sharon Steel Corp.
Shaltuok (Frank G)
Sheaffer (W A) Pen Co

11% Mar 25

22

13% Sep

18

Shamrock

3

*103

*173/8

—No par

Corp
Sears Roebuck & Co

43 % Mar 16

104%

17%

5

Seagrave

3

62% Apr 24

23

15

38% Oct

32

23

2

x38% Nov

Oct

6

35% Sep

Mar 15

May 27

10% Jan
28

87

Dec

5

31% Feb
33

Oct

*74

105

*102%

105

6%

7

6%

7

58%

4,200
9,600

11,800
560

59

59%

58%

27%

26%

27%

27%

27%

5,500

29%

29%

29%

29%

29%

11,700

89

59%

59%

59%

26%

27

27

28%

29%

29
87

*88-

89

160

88

87%

88

89

89

13

13%

13 %

13%

13%

13%

13%

13%

13%

14%

7,400

12%

12%

12%

12%

12%

12%

12%

12%

12%

12%

6,400

*87%

Volume 179

Number 5293

...

The Commercial and Financial Chronicle

(413)

NEW YORK STOCK RECORD
Range for Frevioua

STOCKS

Year 1952

Lowest

Range for Year 1953

Highest

50'/a Jan

Lowest

64% July 23

3

70% Oct 16
72" Oct 16

Mar 15

49% Sep
65% Sep

85

Jan

25

67

35% Oct

47% Jan

22

31

92

23

'

21

j

NEW

Highest

.

.

59% Jan

Sep 15
Sep 21

5

81% Jan

15

2

78% Jan

100% Jan

100y2Sep

18

11Va Oct

30

15% Jan

5

8% Dec

30

17

12% May 11

Nov 28

17- July
3
43% Jan 31

10% Dec

30

98

87

t

13% Mar 26

8% Sep
40 % Feb

36%

May~2.

13% Mar 24
32 % Oct

Dec

23

32% Oct

45

•

22

29

91

.

94

May 11

5

32% Jan

30

44% Jan

8

*8% May *1
14% Nov 10

22% Dec

30

13% Oct

23 '

16% Jun

10

10% Sep

16% Nov

21'

18'

21

16% July

Jan

23

<

17% Sep

-

.

31% Feb

8

5t

Feb

f

23

Dec

56%

5534

56%

56 3/4 '

56 3/4

73'%

723/4

74

733A

15

74 %

74%

74'%

74%

74V2

75%

75

75%

75%

35%

35%

35%

36

36

36%

36'

76%:
36%:

Bros

101

10

10

5
No par

Stores

12

9

5
100

t

38 -'?

14

»
»

Sunbeam

21

8% Sep

29*

HV% Murl3

f
J

Sun

20 f

Stone & Webster.-*.

79% Jan

3

94% Jan

29

'

68% Nov 18

18

119% Feb

15

114% Jan

18% Oct

6

22% Jan

28

22% Dec

18

26% Apr

63

May

70% Dec

1

8% Oct

16

11% Jan

490

Oct

17

19

Oct

30"

22-% Apr

15

2

30

32 % May

*

81 % Jan

102;

18

Sep

6% Nov

v

520

-247/,, Jan

73% Nov

17

10% Jan
660

May 12

22% Jan

25

Jan

14

32

Nov

100 i.

115

Nov

11

18

12% Jan

13

35% Jan

22

1

35% Jan

2

*

41% Dec

*

4'v

29 %

89% Aug 25 J

»,

115

Dec

4

7% Jan

21

15'/4 Nov

13

4% Mar 11

93/4 Dec

-

78

Sep

4% Sep

r

28 ■>'

14

18

Jan

5

8'/2 Jan

16

20

<

17% Nov

&

17

'

Talcolt Inc

14

16 % Aug 13 1
47J/2 Mar 3

50% Oct 46

60;i,b Jan

29

-

49% Sep

18

58 Va Dec

Texas

37-

34

«

.12.50

16

Oct

16

86

Jan

8

463/4 Jan

12

2

54%-Apr

1 *•

Texas Oiilf

Producing Co.1

110% Jan

5

Texas

Sulphur..,

53/4 Oct

15

Texas

42% Feb

24

135 ■*

Dec

32% Jan -24

46%*Nov

19

10 % Nov ,17

JU 'A Jan

2

151/2 Nov ,14

18% Feb

7

12 Va Oct <31

7

8

Nov'26

12% Feb

41

Nov *25

48

% Nov '10

4

Gulf

16

22% Jun

-

20

;

14'/2 Mar 10

12»/2Jan

8

31*

9% Jan

14

*1 Thermoid

27

*

4

15

15

41% Sep

Feb

3 % Aug

*

3

Jdn

233/4 Jan

3

12% Sep

14

7

17

Dec

10

25

Feb

15

17% Jan

27

9

20 '/,, Feb

25

Jan

r"J0

112%,Dec

24

112% Aug

15% Jan

3

21% Feb

15 I

15

Dec

29

20% Jan

443/i Feb

1A

42% Jun

19

47 % Feb

15% Dec

30'

24% Jan

217/„ Dec

4

60% Dec

10

^7

14% Dec

16

July 15

12% Dec

9

Jan .31

38

10%. Oct
8 v*

29-

7% Dec

Co

25-

49.

Sep 25

11% Jan

"

2

Toledo Edison

15'

45.;

■■

11

35% Sep

25

7

5% Dec

18

Jun

Twin

600

73

73

73%

733/8

73%

73%

73%

1,300

7%

9,000

71/4

7 %
*660

iv*

690

•<

32

32y4

.»

*113

115y4

»

17%

17%

17%

44%

44yg

443/4

33-

33

33%

151/3

*82

32 y4

32%
*113

'
~

44%

44%

»

33

333/a

83%

15%

1,700

115%

17 %

17%

44%

44%'

44%
33 Va

600

44%

33% i.

—

173/a;

33%;

*84

i

86

105%

5%

*14%

8,500
20

107

107

800

5%

5%

5 Va '

10,400

86 f.

*84

105%'

5V8

15%

15%

1,400

32%

31%

33%

»

106

5%

153/4

*113

<

200

690

15%

32%
116

54,900

'

.

17%

84 y2

*105

'

*660

15%-

32%
*113%

25

73/4

8%
690

15%

115% *

1

5y4

151/4

*660

15%

173/4

105y2

5%

690

15%

17%

83y2 '*

105%

8%

8%

*660

14%

xl47/a

*72%

18%

17%
*24%

2,200

14%

1,000

43

1,900

60

59%

60%

59%

60%

60 y4

60%'

60%

61%

413/4

42V4

42

42%

43

43%

42%

43

42%-

423/4

89

90

88

89%

89

90

89%

89%

88%

89%

7,600

5%

53/4

5%

53/4

10,600

5%

57/8

38 Va

38%

57/0

5%

38 Va

53/4

38%

5%

109

110

111

'

111

111

383/a

112

47'/a
~

47V2

-

67/'o

38%

37%

1143/4

7

133/4

113

114

47y8

7

13%

114Va

112'%

*113

473/a

l37/8

115

47

73/8

.

1

137/8

*

,47 y2

*7%

38%

14

*111

J

14

6,700

373/4

6,900

1133/4

11,600

*112

114 "r

47

47%-

14

25,600

37%

114'/^

7%';

•-

800

1123/4

114

473/a

7%

V*k

147/8

14

400

47%

*13%

8,700

7%

7%

7%;

4,800

14 r

1,200

143/4,

14%

14%

14%

14%

15V8

>

15

15%/

15

15

5,100

41%

42

41J/2

41a/4

41%

41%

v

413/4

42

42 y4

423/4

2,270

*8%

8%

*8%

8%

8%

8%

100

7%

1,900

5

1

Williams

conv

*1%

*

8 Va

7%

2%

*10

10%

51%

513/a

*93%

94%

1%

1%

17%

■■

7%

*41

-

18

1%

*40%

1%

*10"

73/b *
42

*1%

10 y4

51%

1

7%

42

*8%
7%

10%

'

*17%

523/4
*94 y4

1%

*1%

1% *•■

*1%

18%

.

18%

>173/4

54

94%

i%j-

40

■'

2

600

10 va

10%

200

53%

54%:
94%.
•

42

*13/4

10

53%

95%

7%
*4oy2

l%f
%y

1%

95%

*1%

-

■

f

42

*10

53%

*94

v2t

7 %'

-4oy2

1% '

*10*

8

-

54 y8

5.300

*94V4'
~

y4

10

1%

1,100

95

1%-

20%

21'

20%

21%

21%

18% \
21% r

213/s

21 %;

21%

21 %4

19,500

37%

38%

38 Va

38%

38%

38%

38

38%

38%

38%

3,300

5

12%

123/4

12%

12%

12%

12 %

12%

12%'-

12%

12%

6,300

2

26%

27

26%

26%

26%

26%;.

26

Inc.

26%

26%

26%

17,700

5

Steel

13%,

common

1

112,. 112%

13%

16%
112

13%

*17

16%

17%

112

13%
«

i7%-;

16%
111%

c

18

112

13%

13%

14%

*17%

173/4

.*17%

17%

17

400

17%

17

112

17%

-

112

111%

8,700

42,400

112%

460

16%

163/4

16 3/4

163,4

17%?

16%

17%

17%

17%

7,200

44%

*43%

44%

*433/4

441/4:

*43%

44%

*433/4

44%

16%

17

par

*41

1

7%

17 Va

17%,-

17

17% V

16%

51

52%

52%,

51%

51%'

52%

52%

213/4

21%

21%.

21%

21%

21%

21%

213/4

*13%

14

14

14

13%

14

14

14

42

13%

17%

51

22%
12%

21%

16%

51

*50

1

50
;

13%

173/4
,

18

16%

1

;

16%

13 y2

*17

\

18

*433/a

50

CO...

173/4

iey4

(conv)—„x.50

priyr preferred.

13%

*17

No par

common

Twin Coach

41

'

series or 1952j—

5%

7VB

403/b

5 *

com—

<Tlje)_:

Co

83^

7'/a

-

50

Ceptury Fox Film new
City RaptThinsft com-.No

5%

8

9% Mar 20

22%

.100

Tung-Sol Eleclfie Co
Conv

22%

18 y8

No par...

£,

Preferred series A

20th

22

17%

14%

$6 preferred "...
...—No par
Truax-Tnaer Coal Co common
1

69 %>Jan 30
21' Vb Dec 28
15! Jun
8

Dec

-

7

13'/2 Jan

-'

12 V. Jan

22

■

243/41.-

22

14%

common

preferred

Trahsue .&

30

16% Aug .25
47 ya Aug

,

24%

21%

43

.

25

15

25

21%

No par

Trl-Contluentai Corp

30

40% May 19

105

18

*24%

i5y4:
14'/4:

preferred.——No par

Transamerica Corp
Trans World Airlines

2

13% Sep
106'/2 Jun

18

17%

24%

43

29% Mar 19

28May
17% Dec

Nov

13% Jan «8

110

14 y4

14

16% Oct "23

3,400

43

23'/a Sep

22%

10

:7oy2
116

14 y4

27% Mar 12

9

70%
*1153/4

43

13 Va Mar 25

*

70%;
115%

'

3,000

92

14 y4

10

35

■

*90

■

42%

29

2

Jan

9%

14%

28

,

19%" Oct 14'

7

•

27

70

1,800

32%

59%

Dec

24% July
49

*12

Nov

V

92

32%

*31%
9%

!

42%

113/4-Jun

16

July 28

92.

115%

T

"

9%V

14V8

50c

Fair

4%

116

32

-

32

200

6,300
40.900

42 V2

No par

Thompson Products Inc
*

2

3 Va Jan

97 %

21%

I4y2

tThird A venue ^Transit Corp.No par ;
Thompson (J R).
15

61% Mar 20

1
3»

18

;

703/4

*115%

23

■

42 V2

3/4^ Dec 15

.

-

70
t

223/4

21 % v

32%

18

20%

22% i

21%;

92%'..

2,600

14%

100

$2.50 -convertible' preferred

14 Vn Mar 12

15

i)an

1 y2-Nov

88:%

"

44

The

22%

;

■

1,800

13%

*17%

t

9%

143/a.

13

18

21%

*90

70y2

32%

I5y8

1

i$2i40 Conv puelei'ence—

*

17%

14

'

t"'

21V2

5y4

10

comdtoiii--J

$L25'-conv

31'

Jun

Oil

Thatcher Glass;Mlg Co commou

i

Mar 20

13

Trust—

Utilitles.-Coi—

42

9'/4 Oct

3

23

(21 % Jan

Texbroni.Iuc

17,

l3/4 Jan

\

July 28

*16% Jan * 3

39% Oct

Texas

4.

0

'-14% i'

12%

:

2,500

"

14%
(

42]/4

Thompson^Start etlr Co com__Nopar
29 % Mar 27
$3.50 prelerencs
No par
27 % Mar 25 *
Tide' Water Associated OiJ
10
40% J An
5
; Timken
Roller Bearing..
No par

31

25

Oct *22

18

4

17% Jan

&;

Land

share

»

16

12% Mar

8,600

21%

24%

83%
105%

1

certificates
Texas,"Pacific Ry CoL-

9 V

48% Dec

18
30-

Coal

Pacific

6% Dec

8

98%"July

10

Dec
Dec

40

18

1

Jun H7

* Mar

Pacific

Sub

26%

21%

21%

5"/a

No par

Inc.

Texas

23

Instruments

7% Dec

1

Jan

'

138

353/4 Nov

15

59% Dec

1

91 % Jan *• 9
2

Feb

15

11% Aug 31/

"

22

15% Feb

8% Jan 11
42% May*

:

Sep

6%

14 i

14% Jan

Jan

37%. Jan

15% Feb

10% Oct <10

165

13

433/4 Feb

j

35'/2 Dec .29

6

103

30

14

26%

10

Co

6

Oct

'430

5

15

30% Sep

'■

115y2

17y2

93%

8
-

Jan

101

195% Mar 28

92%

70y8

93%

21%?'r

213/4

32

115%

200

r

223/4
■

32

115V4

*82

9

-

*31

*105%
,

f

93/a

70

-

26% ;

26%

j

32%

44Va

1

93%

32%

32%

No par

(James)

Corp

■78% Dec

-

+

93%

9%

7%

*17%

25

7,800

*31%

15%

*113
-

383/4

9%

690

32%

.100
4.16%

38 %

72%

15%

5

38%

32%
32%

17%

*660

50

900

38%

-

22

7y4

25

^————l.No par '

Texas

32% Oct
128

10c

11%

25->.

*

72%

(The)

5 % Oct

-

ll63/4 July 14

15

V*24%
*21V2

Telautograph Corp -i.

24 1

17%

;

*

12%

44%

25

Tennessee

100'% Apr

1.

$4.40 cum pfd t (conv)_;
Symington Gould Corp.—:

"Sep

-

9,100

12%
*11%

9%

115%

2,000

*43%

*32%

*90

9%

113/4

*31%

"

92y2

*115

25

>

33

18%

9%

8,000

99%

9%

12% V
44%:

32%.

69y4

-

1950—20

ser

Co——...—.——

$4; preferred

*17%

*99

64,100
•

11%

*43%

33

9%
*90

Sylvania Elec Prod Inc com____7.50

23 i

34

pfd

•

No par

common:.

2nd

conv

46% Dec
Dec

preferred

Co common-....-.:,—No par
A 4%p/*l preferred100

34% May 19
273/8 Oct 46

A

Swift

5

18%

18%-

32%

par-

i—I—

i

25

*17%

*17

i

22%

4.40%■ preferred4.——

Mtfy 22

123/4

36%

16,100

76%

36%

,

23,100

75%

75%

9%

12%

45

21 Va

I

7 y4 Feb

143/4

12%

14%
12%

21%

5

111;% Jan

15

14%

14%

12%

12%

Shares

57%
-

'

22%.. 22%

14

Jan

*

86

Sep 30

97% Jun

*

40

22

*32%

Sweets Co of America

i

21%

21

Superior Steel Corp.—./*.
Sutlierland Paper Co. common..

6

44 % Dec

21*

t
i

26%

22%

Sunshine Biscuits Inc

6

18% Dec

Jun

15 1

Oil

5%%

20

26 Va

21%

21%

<29:1- Sunshine Mining Co.........
t
22
" Superior' Oil of California

Dec

15

26%

21%

21 Va

-4%'/^preferred- series- A

«•

19

13% Sep

24

Sun

Class

26

x26

'

22 V8

Corp common.

Sunray Oil Corp

*
•

93%

1

Coi,p %_-t._-_l_-:—No

Cheinical

$4.50 series

23% Mar 28

15

26 i

23

13 Va Jan

66

14% Dec

-

May* 1 I

5% Oct

11

26% Aug
112% Nov

2

14

3

Apr 14
27% Jan 26

10% Jan 2430% Oct

21% Mar 25

July irSep 14.
23% Sep 30
19% Sep 16

570

24 i

102% Jan

/

110

24% Apr. 3
24 % Jun 16

■

I
(■

82% Jail f 5
J17;*'- Jah i 6

93 %

;__No par

Studebakec. Corp

2

Feb

93-%

.

-

2

99

*93

93

14%

9

20

383%

12y2

28% Jan

Oct

38%

12»/4

-43% Feb

92 I

38 %

14%

prior preference:...

10i

J

38

-

.

151

27

38 y4

93

12%

*43%

c

993/4

9%

11%

21 %

23/

101% Jun

11%

26%

Dec

4

11%

21%

26% Jun

Apr

12 %
44

26%

20

Dec

12 y8
11%

-

*99

9%

43%

./

*

5

5%

56%

993/4

93/4

ny4 -y

44

__15

10% Jan

17

12 %

*98

9%

37%

.

Stevens tJ P) & Co Inc.-.?

t.
'f:

99%

9%

ny4

*43

._1

"When issued"
8% Nov

*98

Stewart-Warner^ Corp^___
Stix -Baai*1 &•;Fuliet Go.lJ:

x

...

31

v

*98

1

Drug .Inc.common

35% Dec

20% Dec

100

preferred

30% Aug
6
40% Dec 31

26% May 20

Jersey

*-5-f
15% Mar 11 V Stokely-Van Camp InoF commoni—l-<

18% Nov

l«i

Jan.22

72%

-

the Week

Friday

21

55%

3%%

->17% Feb r.. 2

15 H

•

72%

Sterling

,

2

Jan

56V4

Sterchi

18

Sales for

Thursday

72y2

2

37%

Jan. 20

55%

Stanley WarneiyCprp
Starrett Go (The) L S

t}

21

23% Feb

16% Sep 14
12% Dec 29

2

Dec

38

Wednesday

Jan. 19

25

preferred series A.
Stand Ry*equip Mfg Co..

7

36% Jan

24

25 Va Nov

,

Jun

Dec

Tuesday

Jan. IS

-

par

3%%

17% May 25

4

,Apr

%

47%

Par

California_.No
Indiana.

HIGH SALE PRICES

Monday

*

„

L0\v AND

Standard Oil of. Ohio common._L.10

12

10

STOCK

Standard-Oil of New

5

Jan

94

YORK

Continued—Page 1!

•

EXCHANGE

.

Standard Oil of;
Standard Oil of

,
t

5

Jan

38%

•

,

v

*41V*

42

*41

42

*41 Va

42 %►

7%

7%

-

7%

■

J

*41%

17.

2,200
>

90

34,800
1,900

42,

73/4

7%

12%

*12%

12%

12%

12%

123/4

123/4

12%

12%

1,100

28%

29%

29

29

28 3/4

29

28 Va

283%

3,800

7%

7%

-

7%

7%

2,400

u

10% Sep

Oct

10

15% Feb

473/4 Oct

30

50% Feb

4

26

3

6

7

12

2

14

14% Feb

2

Dec

29

55% Jan

15

Dec

,

23

13% Jan

8

43 Va Jun

26

143/a Aug
50
'Jan

2

38% Sep

15

49

Feb

27

72 % Dec

30

61 %. Jun

16

75% Dec

Dec "30

24% Dec

15

19% Jun

16

24 % Mar,

22 Va Dec

23

11% Jun.
57
23

Udyllte Corp (The)
Underwood

Asbestos-&

Union

% Mar 20

1
Rubber

123/4

No par

Corp

Union

29%

5

8%

Co

4

Union

Bag & Paper Corp
Carbide":6c Carbon.

9 *

Unidn

Elec Co of Mo common

18

20

29%
1

8%

45%

46

72%

1

No par

73%

22

-

22%

8%

*8

8%

May

93

83% Jan
Jan

15

35% Oct

16

94

98

Jun

4

110

-Jan

July 31

82% Jun

15

97

Jan

78 % Jun

3

873/, Jan

8

18

100% Nov

104

-

Apr

45% July

90

21

45% Jan

42% Aug

28

38% Dec

12
31

Jan

100

50% Nov 23

37% May

May

107

101% Jan

Jun

37 % Jun

9

Sep

10

44% Aug

15

1153/4 Jan

17

46% Mar 26 "

Union

24

50% Dec

21

United

30

3

106% Jan

29

33% Jan

2

21% Dec

31

104% Dec

16

87
Dec
33% Sep

17

104% Jan

21

393/4 Dec

1013/4 Jan
Nov

xl3

8

17

37% July 25
107

100

Sep

18

17% Feb

11

13% Jun

16

48% Sep

15

57% Oct

17

70% Mar 19

26 y2 Nov

12

33% Feb

11

3% Feb

6

4% Apr

25

Feb

7

69% July

50

2

11

4% Feb
Feb

5% Jan

23

5% Feb

24

46 VB-

45%

46

443/4

45"

74%

72%

733/4

72%

73%

22,600

21%

12,700

22%

22%

22%

Jan

9

11

May 2
101 Va Feb 20
167

Jan& 8

16

Jan

61

Mar 19

9

73
Apr
102% Aug
31% Dec

31

119 *

Aug

27

179

May

9

1

120

9

175

27

15% Nov

56% Nov 30

26

4,700

39

preferred

2,000

No par

*103%

105

*105

107

10

14%

14%

60

60%

_

Carbon;Co^

Carton

Corp

—No par

No pat

*27%

Cig-Whelan Stores com__30c

preferred

4

*78

100

Corp (Del)

1

5

Dye & Chemical Corp com.l

105

28

4%
79

5%

Coal

9%

*67

69%

5

Cos

*9

100

14

14

*103%

" Jan

5

35% Jan

23

Feb

9

68

U

20

Mar 16

S

&

$4.50
U

5

S

14%

14%

14%

*14%

61

62%

62%

623/4

62%

63%

63%

*28

28%

29

29

S

U

4

4

79

S

5%

5

9%

13

12%

47%

47%

Corp

Hoffman

Machinery

preferred

100

23,800

283/4

28%

283/4

28%

29

19,000

341/4

34%'

34%

34%

34%

12

11%

12

11%

12

13%

116%

..5

12%

1%

*173%
-

116%
177

54

♦

13%

543/4

54

543/4

102'A

*101

102 Va

24%

24%

1163/4

117%

116%

116i/2

177

111

173/4
57%

5,800

54%
*100%

177

57%

,

1,100

12,000
3,200

543%

117

*17%

1,800

1%

24%

116

173/4

1%

102%

24

*175

57%

1%

54%

23%

17%

1%

*100%

102%

57%

2,000

48

1%

23%

2,400

14%

12%

1%

53

14

47%

1%

*100%

16.500

69%

12%

11%

53%

5%.
9%

*68

48%

34%

24

7,700

12%

28%

102%

9%

4

473/4

11%

53%

5

200

293/4
79%

13

34%

*23

14

4

48

283/4

*100%

5
10

69%

*28%

*78%

4.200

64

47%

11%

No par

4%
79

20
300

143/4

12%

,

11%

20

com

14

*34%

No par

9%

14%

34%

-

5

*68

11%

100

common

preferred

10

69%

14

12%

47%

5 Va

9%

4
*78

*67

14

14

4%
79

5

10

69%

*67

12%

No par

28%
'

*78

46%

Gypsum Co

4%%

28%

4

*78

5

(The).l

105

14%

No par

Mines Co

105

105

14%

Co

Freight

7%

,

105

*14%

Foreign Securities.
1st preferred
Co
Z

13

I

page

15,600

89%

39

U

Jun

2

see

23%

89

39

2% May 12

1033/4 Oct
159•

66,

Sep

223/4

893/8

Park City

Jan

400

22%

United

65

107

89%

28 Va

31 % Jan

*105

22%

United

101% Dec 23

1051/i

*38%

28%

15
14

105'/2

5,600

383%

343,1,

14

18,100

89%

28%

Sep

300

493/a

23

10

Sep

44%

48%

89%

Gas Improvement Co__„13%
Merch & Mfr's Inc
1

95% Sep

49%

44%

38%

Gas

22

49%

44%
48%

22%

United

27% Dec

For footnotes




7

49%

38%

United

46

1

4,500

23

United

10

10,500

89%

3

Dec

60

39%
112%

38%

13% Mar

1

100

22%

37% Feb

,

39%

89%

23% July 22
17

t

99%
112

387/a

11% Dec

10

47

39%

111%

23%

Engineering & Foundry

Mar 27

49

100

89

Fruli

30

49

39%

22%

United

29

49

100

111

38%

United

30% Jun

40%

113%

280

89

2

2

6

101

39%
112

105%

14.

19

*100

40%
113

105%

16% Feb

15 % Jan

101

39%
112

105%

58% Jan

29% Aug
343/4 Sep

87%

105 %

Sep 28

2

1

*86'/a

49%

44

30

87%

*44i/2

Electric

643/4 Jan

*86%

44%

United

30

87%

47%

8

53% Oct

*86%

150

92

No par

$3.50 convertible

»

*88%

491/4

17% Jan

15

18

92

463/4

10% Sep 15
11% Dec 28

21% Jan

*99%

*88%

44%

common—10

108

92

45

105

1,400
*107

*88%

4 7'/a

105

213/4

22%

87

87

46%

4834

22%
107

92

*88%

*44%

preferred

22

22% "

44%

7%

10

21%
107

473/a

United

Jan

3%,

22 %

108

46%

United

49

22

22%
107

6,900

America

Board

United

22%
107

44%

100

United-Carr Fastener

,

112%

22%
107

48%

13

22

19

*

40%

111%

800

45%

73%

series of 1952.100

of

&

101

39%
r

8

74%

5

30

14% Oct

96% Jan

Inc

86%

8

46

50

preferred

Lines

Biscuit

92

8%

72%

No par

29

15% Dec

54%

convertible

Air

preferred

Co

Corp common

Sep

8

24

Car

*99%

25

50

72% Nov

11

Feb

12 Va Oct

No par

common

2

Feb

74

30% July 26

series...
California

of

Preferred 4%%

18

43/4 Jun

5% Mar 21

86%

United

24

86

2

19

24% Jan

5

No par

Aircraft

$4.50

163/4 Mar 20
61 % Jan

*88%

series

Tank

United

21

31% Feb

Jan

21

May

.

Jan

No par

$3.50

noncnmillatlve

United

30/

25% Sep 23
3% Apr 22

Oct

10%

107

47o

5%

23

67

9

43/4 Jan
5»/4 Nov
47

0'

32 % Mar 25

July 21

$3.70 ^series.

Pacific RR Co

23

1

106%

Oil

Sep

1

22%

106 Va

Union

39

91% May

*21%

N© par

Union

5 '

44% Jun

50% Jan

distributed"
series

Preferred $4

6 '

13

31% Apr
102% Jun

24% May

30 va Jan.21

-

$4.50-

Preferred

6

5

91% Jun

n

"when

Preferred

2

191 'a Mar 31

Jan

100

i

Comirion
Preferred

16

Apr 30

98

9
25

22% Dec

111

2

8

45%

'

Jan

104

8%

*175

177

17%

17%

17

17

56%

56i/2

57

57

*24%

24%

118

119

*175

177

17

*56%

700
•

2,900
50

17

800

57%

250

25

The Commercial and Financial
26

Chronicle.Monday, January 25, 1954

(414)

Continued—Pago 12

NEW YORK STOCK RECORD

3

23% July 21

x7% Dec

9

8% Nov 24

35% Oct

23

56

39% Dec
67

Sep

19

26% Oct

16

X81»/4 Jun

17

7% Oct
34

8

146% Feb

2

30

23

32% Feb

2

26

85% Jan

5

9

97% Apr

6

31% Jan

2

6

67% Jan

2

Dec

31

66% Feb

2

33% Sep

15

44% Jan

5

135

Aug 31

144'A Jan

28
26
9

Jan

24

23

Feb

13

17% Dec

10

21% Feb

36% July 25

41

May 18

35% Dec

4

39% Nov

5% Jan

U

Oct

144

7% Apr

7

U

11

Jun

27

72 % Dec

30

90

2% Apr

23

4% Jan

19

1% Dec

31

4

Mar 19

18

3% Jan

2

26% Dec

8

23

26% Jan

7

Jan

35% Dec

45% Aug 14
17% Jan
4

30% Sep
11 % Dec

15

45% Mar 25

17% Mar 23

Van

32% Mar 25

Van

10% Jan

31

Jan

16

27 % Dec

8

Dec

12

15% Jan

23

5% Dec

29

10

23% Apr

23Apr

9
11

25% Dec

23

116

Apr

17

129

Dec

116

Apr

3

127

24% Oct

1

32

93% Apr

19

Nov

8

31

98% Jan

103% Dec

22

39%

40%

57%

57%

57%

900

40%

40%

67,200

145%

145%

3,600

2,300

25% Jan

13A

:

22%

18

18

18

17%

17%

36

35 3A

35 Va

35 3A

35%

7%

7%

*7%

7%

600

73/4

7%

7%, :

T5/.

73A

2,900

78%

78 Va

79

13A

30

30%

23

23

23

159

155

155

1*156

1 160

193/8

20

19%

193/4

19%

67'A

67%

66%

66 3/4

35

35

34%

35

34%

35

34%

343A

373A

38%

38%

37%

34%

1,400

37%

38%

4,700

12%

13

12%

13

123A

13

10

28%

29

29

28%

29

6%

6%

63/4

7

6%

31%

32'A

31

*125%

127 %

►125%

noncumulative preferred—100

*125%

129

►125%

Works common—5

28%

29

283A

29

28%

100

*90%

92

*90%

92

*90%

23%

23%

130%

130%

Inc

Raalte Co

preferred

,

partic preferred

div

100

24

$4.04

3

100% Oct

30

*125%

127'A

►125%

127%

*125%

127%

*125%

129

►125%

129

*125 %

129

23%

23%

129%

129 %

273/a

114%

10o
100

►100%

101

♦993A

101

*993/4

102

102

27%

25%

25;,/4

62

27%

27

31

35% Feb

2

28

30

Feb

19

Dec

7

62%

62%

63

16% Apr

18

Jan

18

14% Dec

7

18

Mar

4

Vulcan

10

*15%

15%

15%

15%

31% Oct

2

22

20

Jan

20

*28

29 %

*28

68 % Dec

29

100
-No par
10

66

66

♦66

►101%

273A

273A

26%

64

6%
preferred
Vlsking Corp (The)

26

5

preferred

100

102

129

128%

28

2,100

92

11,166

23%

22%

900

128%

27%

15,100

114

130

*973/4

100

28

114

114%

101

10

♦101'A

102%

102%

150

28

28

273/4

28%

2,000

26%

26%

62

26%

26

*90%

223/4

27%

►113%

101

101%

36% Mar

7%

1283A

28

28%

283/a

92

22%

114%

101%

25% Dec

15

233/8

31

283A

*90%

129%

273/8

114%

Detinnlng Co common

28%

92

129

27%

►113%

*27

;

28%

22%

27%

Virginia Ry Co common

2,100

127'A

114%

*99%

31'A

129

27%

preferred

800

8,600

30%

114%

$4.20 dividend

2,200

6%

'31%

31%

100

dividend preferred

100% Dec

Jun

7

31

31

Power Co com—10

Virginia Elec it
$5 preferred

July 20

6%

6%

63/4

25 % Dec

5

34%

28%

4

28% Mar

900

13

92

Jun

40

15,200

29

92

27

800

1,200

19%

12%

6%

8
12

2,100
:

67%

29

13

-

19%
*67

13%

2.50

11

8

373A

2

PA

195/a

67%

Jun

31

■!

13A
30%

67

37%

400

13A

19%

38%

1,900

30%

67

37%

1%

16%

23

1%

19

of America—No par

•

„

23

.

•29%

65%

No par

Co

2

37% Jan

14

:

30%

*13/4

.

156

44% Jan

24

17

80

1%

16%

1%

17

720

79%

23

1%
22aA

35% May 22

33% Apr

PA

1%

17%

293A

156

155

'

-

*78

78%

♦155

1%

223/4

V

1%

-•16%

13A

16%

293/4

30

223/4

17%
*35%

16%

:-

13A

293A

18
36

«77

1%

154

40%
145

17%

17%

1%

1443A

145

7,400

*353/8

173/4
36

25
25
5

x27% Jan

40 3A

40%

145

29

3% %

27% Nov 17
1a*74N0V

40%

40%

144%

13

5%

8

130% Jan

5

juii

40%
144 »A

40%
145

1,500

28%

Norman

15

103% May

Mar 12

95

luo

116% Nov 20

40%

57

100

preferred
Power it Light Co

Victor Chemical

Mar 20

92

Sep 15
22% Jun 23

19

27% Dec

2

30

112

137% Jan

6

21% Jan

110% Jan

13

Nov

July 17
16% Oct 28

29

29% Jan

39%

57%

Va-Carolina Chemical com—No par

Apr

29

88

9

18 % Oct

40%

57

Vicks Shreve it Pacific Ry com—100

Mar 19

127

24% Apr 28

2

40

56%

138

Vertientes-Camaguey Sugar Co—6%
Vick Chemical Co
2.50

6

May 29
125% Jun
3

24

87% Sep
119

Jan

128

141

40%

56%

1

Co Inc com

4 % %

31% Dec 29

0

125

Oct 31

148»/2

140%

39%

57

*16%

100

Vanadium Corp

22

30

141

140%

403/,

78%

10

27 % Oct

139%

138%

78%

28% Jun

6

139%

10

27,166

31

*76%

23

8

30%

73/a

Universal Pictures

Utah

31

7%

68% May 20
18

303/4

73/4

19% Dec

July 28

30%

7%

2

33% Dec

13% Nov

34

30

30%

7%

7

Sep

30%

30%

30%

$4.20 noncu 2d pfd-5

Feb

15

83

73/a

Jan

5,800

74%

*82

73%

14

May 23

28% Apr

*72

83

73/a

61

24

24%

74%

•82

73/a

preferred

24%

•72

83

73/a

155

Aug
6
14% Dec 16

14

Apr

25%

73

•82

*7%

65

Jan

11

25%

73

83

17%

3

8%

25%

73

♦35%

167

17

24%

24%

*81

Universal Leaf Tobacco com_No par

Feb

60%

1

3% May 13
32% Dec
9

29

*60%

No par
preferred—-25

Corp.

27

Sep

60%

*701%

Co common

15

v

♦60%

40'A

169

156

57

.

603A

144%

23% Dec

29% Mar 12

31

2,800

•60%

100

common.

14

Dec

1% Nov 17

38%

*8

40

preferred—No par
United Wall Paper Inc common
2
4%
convertible preferred
50
Universal American Corp—
1
Universal-Cyclops Steel Corp
—1

15

38%

8

138

22% Jan

Jan

2

21% May 27

400

38 3A

8

73

*56%

convertible

$6

8%

38%

No par

Corp

noncumulative

7%

8'A
38%

83

30%

com—50
50

preferred

U S Tobacco

Mar 18

2

Steel

9% Mar 19

10% Jan
94

May

S

7%

11,000

♦8

*70%

5
100

preferred

Stores

24

27

1st

noncum

Smelting Ref it Min
preferred

24%

24%

24%

Shares

16

153/4

16

38

61

*60

61

153A

16%

8%

37%

37%

15%

Jan. 22

*81

100
100

common

United

22

1 % Sep

S

7%

Co

Stockyards

8% Dec

24% July 25

Rubber

S

37
♦60

1

Plywood Corp common
preferred series A.
3%%
preferred series B

Jan. 21

37 3A

*8

8%

10

16%

16'A

16%

*8

20

Co

S

United

x87% Oct

10

Playing Card Co.

8% May 25

6% Jan
2
6% Dec 22

10

preferred.
Pipe it Foundry

8%

144% Mar 11

18

37
54

20

138% May 16

U

Jan.18

the Week

Friday

Thursday

Jan. 20

Jan. 19

16%

1

_

(WM fM

HIGH SALE TRICES

Wednesday

Tuesday

F«f

common.

3%%

68% May 29
42% Dec 31

37% Oct 23

19% Oct

U

11

Oct

87% Mar 29

3

Jan

61

U S

Oct

Co

Lines

8

6

Mar

64

127% Sep

6

U

40% Mar 17

74% Nov

30% Dec 31

8

4%%

14

Sep

22

102% Jan 31

16

Oct

8

23% Aug 31

31

22% Oct
53

26

22

57% Dec

34% Mar 21
Mar 28

90

90 y4 Dec

136% Jan

Jan

U

22

70

4

Jan

22% Jan

13% Nov 23

18% Jan

EXCHANGE

Highest

Lowest

Highest

Lowest

Monday

STOCK

YORK

NEW

Range for Year 1953

Year 1962

AND

LOW

STOCKS

Range for Frevleu

26%

263/4

6,500

*61%

62%

62

62

62

1,900

15%

15%

*153/4

H>

153/4

153/4

29 3A

*28

293/4

•28

293A

66%

*67

67%

♦66%

67%

*28

500

29%

w
55

Apr

17

59

11% Dec

11% Jan

2

12 % Aug

6

Nov

24

29% Jan

14

27

42% Apr

51% Jan

29

43% jun

7

5

Waldorf

Walgreen Co
Walker (Hiram)

16

Feb

27

29

9

3

18"% Jan

2

25

Jan

12

104% Dec

5

98

Sep 15

105

25

Jun

20% Jan
35 % Jan

3

30

3o

27% May 15

37

Dec

30

25% Jan

31% Sep

3

Dec

31

4

23% Sep

20

Warner-Hudnut
Warren

Foundry

Warren

Petroleum

30

Mar 16

Sep

14

30

13

Sep

14

17% Apr

24% Dec

28

14% July 31
19

17

11% Nov

11% Jan

3

9% May

32% Jan

S

8
10

30

,80% Feb

28

Oct

16

May 7
41% Jan /. 9

2

28% Dec 30

16

Dec

32

Jun

28

21% May

,

84

2

37% Dec

3

106% Mar 18
96% Jan

2

110% Sep
103% Apr

5
18

98

Jan

9

102

Feb

7

12

Sep

17

16% Jan

29

29 % Jan

17% Nov

109*%

July 15

8

9% Oct

15

15% Jan

7

46% Apr 30

56% Dec

15

13% Feb
28% Feb

1

84% Feb

4

30
9

5
8

Sep 14

32% Mar 25

Jan

2

63% Mar 25

46% Sep

14

67% Mar 18

Oct

7

99 % Sep

May 14

11

38% Feb

18

27"% Nov 21

22 % Dec

30

35 '/a Feb

20

48% Dec

15

2

1

99% Jan

2

52% Dec

95% Jan

39% Sep
91% Jun
16 % Jun

127

Mar 20

127

Mar" 20

48% Aug 13
29% May 18
3

12

10

22

May

4

Jan

14

127

Mar

4

30% Sep

15

80

126

30

41% Jan

30

Oct

6

89% Jan

22

Oct

14

86% Mar 24

28% Oct

17

34% Jan

7

24% Dec

14

30

Oct

23

29% Jan

2

23

Sep

10% Aug
29% Jan

4

14% Jan

28

4% Dec

9

32

15

2

Apr 28
27% Aug 29
13% Dec 17

21% Dec

17% Jan

18% Sep
11% Feb

11

30% May 27

32

Oct

80

25

8% Mar

4

40% Mar 17

West
West

Va

4%%

4%

Preferred

11% Mar 26

12% Aug 18
15% Apr
2
21% May 7

25% Dec

&

$4.25

13% Jan

15

17

24% Jan

6

35% Dec

16

Winn

24% Jun

17

23% Nov 25
138

Nov

26

Oct

16

64

Jan

25
9

126

Apr 24

29% Oct
135

5

Jan

2

&

Wisconsin

10

19% Dec

22

36

Sep

21

53

Jan

2

Woodward

Jan

30

Woohvorth

42 % Apr

17

45% Dec

42% Dec

22

48

26% Feb

20

32% Nov 19

26

Sep

15

35% Mar 17

76% Jan

8

83% Feb

5

75

Sep

10

86

Nov

19

101

Sep

14

97% Feb 20

118

22

75% Jan

14

9% Oct

23

13% Feb

1

5

40% Jan

80%

80%

,

363A

M08

.

99

*98%

12%
253/8

108'/a

*123/4

*98%

100

*108%

110

9%

9%
47%

9%
48

108

"18%

100

13

12%

13

25%

253/s

25%

108%

108%

108%

108%

970

9%

2,900

i 108%

'

9%

9%

48%

48%

♦48

*25%

48

1,700

25%

253/8

26%

26%

26%

23

25%

53%

53%

53%

53%

53%

53%

47

53%

3,100

543A

55%

55%

55%

54%

55%-

54%

55%

26,100

.98

99

97

97%

98%

98%

98 Va

98%

973A

98%

4,700

40%

40%

40%

41%

24%

243A

24%

24%

53%

54%

54

54%

100

,

■

101

100

20%

21%

101%

101
-

21

42

13,200

41%

42%
243A

243A

25%

7,900

54%

53%

54 %

39,800

•

-

101

203/4 V

20

41%

12,100

24%

•

101%

*124

*123

25%

203A

<193/4
•124

1243/,

101

101

20

101 %

1,200

'21

2,800

♦124

32%

32%

32%

33

32%

32 3/4

33%

33

333/.

84%

84%

84%

84%

843/4

84%

84%

843A

85

27%

*27 y8

27%

27%

273/,

263/4

27

26%

26%

1

27%

27%

28 Va

28

28%

273A

28%

28

28

2,900

6

2,100

1
20

6

6

26

25%

25

25

213A

22%

22%

223/4

22%

22%

22%

22%

223%

22%

6,100

143/4

15

14%

143/4

14%

14%

14%

145/B

143/4

15

4,400

8%
*70

10s/8

l

*333/8

lo

100

253A

^

29%
<132

9%

9

*70

71%

*70

10%

*105/a

10%

10%

10%

10%

34

*333A

34

333/4

333A

333/4

8%

9

293/a

293/8
*134

136

30

293/4

136

19%

10

*393/8

10

44%

No par

33%

34

33%

80

79%

80

125

125

*136

34

80

Co
common

,*783/4
1

6%

*25

253/4

*25

71%

Corp—10

Co

19%

19%
40

*39%
45

45%

79%
7

125
^

13,400

9%

70%

70

70

105/s

10s/8

1,500

33%

33%

10%
33'/a
30

8,400

300

'

30%

29%

293/4

29%
137

137

137

*136

138

500

100

19%

19%

19%

19%

193/4

4,700

40

39%

40

393/4

39%

500

45

45%

45%

45%

45 Va

453/a

15,000

33%

343/8

33%

34 Va

33%

33%

8,300

*79%

193/8

80%

7934

793A

80 Va

81

19%
*39%

40

45%

125

125

79%

79%

6%

7%

793A
*7

*123%

126

81

80

7%

*123

127

*7%

80 Va

81

7%

6%

*38%

125

81%
7

230
190

1,300
5,900

1,700

38%

38%

38%

38

383'a

38

38%

24%

23%

24 Va

233i

24%

23%

24

235/a

24

54

541/9

54

54

54%

54%

54

54

54

54

par

22

22i%

23

23%

23'A

23%

23%

24 Vs

23%

23%

2.500

40%

39%

40%

40

40 Va

11,700

123/a

12%

2,000

65%

66%

3,800

43A

4%

1,400

50% Jan

34

Sep

14

47% Jan

5

Youngstown Sheet & Tube

No par

39%

39%

39%

40'A

40

15

Oct

15

17% Jan 24

11

Dec

31

16% Jan

2

Youngstown Steel Door

No par

121/4

12%

12%

123/8

12%

12%

12%

123/a

68

Jan

2

88% Nov 28

6258 Dec

29

84

Jan

6

Zenith

Radio

No par

65

65%

65

65%

65%

66

65%

66%

4% Nov

17

3% Oct

28

5 % Apr

13

Zonite

Products

4%

4%

5

4%

Young (L A) Spring St Wire.No

Corp

8%

9

♦70

9%

71%

23%

38%

1

preferred

Corp

83A

360

5o

25

common

convertible

5%
*25

'

lo

Grocery Co

Corp

5%

5%

500

26

No par

(F W)

5%

6

310

1

I

Service

5%

6

8,400

5

No par

common

Co

28

32%

34




48

48%

16

x

9%

9%

*93/8

9%

48%

12,600

84%

Yale it Towne Mfg Co

this day.

166
2.200

13

*26%

York

on

100

56

•

*21

1

♦Bid and asked prices; no sale
Ex-dividend,
y Ex-rights.

690

*98%

25%

23

29

8,600

101%

13

39% Oct

5% Jan

37

108

53

53

►122

1

13

36%
*1003/4

54%

25

100

9

34% Jan

5,000

,107%

1

27% Oct

Jan

260
-

2,700

37%

,/■■<
101%

19

17%

17%

17%
108

1,300

82
'

25%

25%

108 %

*100%

*123/4

243A

•107*

101%'

♦80
"

T9

36%

37
108

>

♦100%

J

47%

53% Mar

Corp

107

101%

99

99
13

23% Apr

31

*97

106
*100 3/4

25%

39% Apr

20% Dec

101 %

Prior preferred 4%% series—100
Prior pfd 4%% conv series
100

4%%

80%

36%

363A

37

106%

12%

15
9

36%

25

14

Jun

2,800

25%
.80

25%

10%

17%

Sep

31

47

3,200

12

25%

17%

5

21% Oct

10%

12

25%

17

106%

10 Va

40

12

10%
*113/4

17

»100%

20 3A

20%

2,200

103

25%

10%
12

*ll3/4

12
,

*102%

25%

103/a

10%

*113/4

17

Wyandotte Worsted Co

51% Dec

20%

17%

11% Mar 17

13% Jan ' 8

10%

103/,
12

203/8

16%

31

6% Dec

1,000

,

*14

143/a
20%

18%

No par

Dec

800

20%

19%

20%

26%

26%

19%

Wrigley (Wm) Jr (Del)

82

16,700

14%

*14

19

10

71% May 12

39% Jan

2

130% Mar 16

26%

*14

26

14
20

23%

No par

Public

Worthington

26

14%

26

14

*31%

31

21

103

33

33%

'

18%

16% Sep

70% Dec

x32% Jun

Mar 19

26%

253/4

14

293/4

6%

23

preference..No par
20

Inc

Iron

1,000

53%

preferred

16% Jun
51

6,100

31 %

25 %

Wisconsin Elec Power Co com

6%

700

33%

31

40%

;

Lovett

29 3A

33

253A

12.50

preferred

15

293/4

33%

31%

31

24%

Co

Co

293/4

33

31

40%

Willys-Overland Motors Inc
Wilson

*29%

33%

.53%

White Sewing Machine common
Prior preference

Wilson-Jones

293/4

293/4

32%
31

183/4

lo

8

74% Mar 10

5,600

10

13

5

18%

12%

32% Apr

5

IS3/#

5

com

12% Jan

21

15

Electric

prior

8% Nov

18%

19%

100

30

7% Sep

18%

4

Co

63% Oct

18%

18%

100

.

Motor

13

128% Jan

A

White

22

18%

13%

No par

com

21

14% Jan

18%

1

30% Dec

12% Jan

17%

lo

15

75% Feb

4,600

29%

63/a

91

1

Mfg (The 8 8)

15

13%

803/4

100

Dental

16% Oct

13%

5

White

17

13%

80%

100

8

Oil

13%

32%

10%

100 '

Elec
Inst
Corp
Wheeling it Lake Erie Ry
Wheeling Steel Corp com

Wilcox

133/4

31%

*11%

preferred series B—__ 100

conv

133/a

25%

No par

Weston

$5

133/4

80

Western Union Telegraph
Westinghouse Air Brake

3.80%

13%

30

♦20

preferred—100

RR

series

Westinghouse

•102%

17%

32%

Ry common—100

2nd

Pacific

102%

80

Supply Co

noncum

102%

par

preferred—a

Western

102%

*102

25%

Western Air Lines Inc
Auto

6%
22%

23

25%

Paper com

Pulp it

6%

6%

6

223/4

26%

pfd

Jan

14

8% Oct 22
68% Nov

54%

6%

22%

6%
23%

26

preferred series O
Virginia Coal it Coke

Western Maryland

20

3

Co

4%%

Western

45

Nov

Power

Jan

12

101

52%

2.50

preferred series B

57"% Mar 11

24% May 14

,

Electric

Penn

12% Jan

109

15
15

19

31

8,000

1

Penn

15
21

Dec

45% Feb

7,300

6%

5

Snowdrift 00m

&

convertible

16% Jan

64% Dec

16

55%

55%

*31

No par

Power

Investment Co
Oil

25% Dec

47

Oct

56"%

29%

3

Wayne Pump Co
Webster
Wesson

5

26% Dec 23

37

58%

56

17%

5

5

20

90

52%

54

6

No par

4.10%

21

98

1,400

14

5

15

22

4

Pipe
Corp

West

Oct

Mar

600

25%

13%

Knitting Mills.

99% Jan

9

Sep 29

12%

253/g

1

it

West

37% Feb

107% Jan

1102

46% Feb
89

Water

4.20%

12% Nov

*12%

253/a

5

Waukesha Motor Co—

15

89 % Jun

12 3%

253/8

102

Inc

preferred—No
West Indies Sugar Corp_
West Kentucky Coal Co

34% Oct

18

Wash

Wayne

Jan

f8

12%

25%

101%

Washington Gas Light Co—No par

$4

28% Jan

88 % Jun

8% Sep
43% Sep

2

29% Jan

98"% Jun 17

104

25

12% Mar 27

1

21% Nov

106% Jan

9

24% Mar 23

Sep 14
Sep 15

21% Sep
73% Oct

Oct

123/a

25'A

22%

Inc

33% Mar 19
31 % Dec

9

24

26

12%

25%

100

Pictures

Bros

37% May 14

14

18% Dec

3

123/8

24%

1

preferred.

Warner

18% Jan 21

19

5%%

16

28

19% Feb

200

12 3/8

25%

52%

2.50

4

16

1

67

12% V

25%

No par

Baking Co common

Feb

24% Oct 23
May

Ward

18% Nov

21

28% Sep
Jun

May 12

17% Apr

11% Sep 15
14% Apr 24

29

it W

G

67

12%

'

Dec

21% Dec

22

preferred

Walworth Co

10% Jan 30

11

Oct

System

4%%

9
22

22

15

RR

13% Mar 10

Dec

98

Wabash

29% Jan
52
Dec

22

21% Nov 24

17% Jan

8

2

70% Mar

Sep 14

1

4%

4%

4%

fin receivership, or petition has been filed for the company's reorganization,

a

Deferred deilvery.

r.Cash sales.

5

.

383/4

wdWhen distributed,

14,900

1,000

Number 5293 ...The Commercial and Financial Chronicle

Volume 179

Bond Record

(415)

New York Stock

<»>
FRIDAY

The

italic

letteri

in

the

WEEKLY

-

"Interest Period"

headed

column

YEARLY

-

indicate in each

the

case

Figures after decimal point represent one or more 32nds of

month when

Year 11)52

NEW

Range for Year 1953
Lowest

Highest

Lowest

Monday

EXCHANGE

Highest

AND

Tuesday

Jan. 18

Low

Low

High

bonds

HIGH

Jan. 19

STOCK

YORK

the

mature.

point

a

LOW

GOVERNMENT BONDS

Range for Prerloas

Exchange

SALE

PRICES

Wednesday

Thursday

Jan. 20

High

Low

Low

Bales fat

Friday

Jan. 21.

High

the Wank

Jan.22

104.16 Dec

4

High

Treasury 3%s

__1978-1983

*106.4

106.10

♦106.12

106.18

♦106.22

106.28

*106.22

106.28

*106.20

106.26

Treasury 2%s
Treasury 2%s

99.24 May 12

Law

„1955-1960

*102.2

102.6

*102.4

102.8

♦102.6

102.10

*102.6

102.10

*102.6

102.10

*104.4

1956-1959

Bonds(B)

High

*104

104.8

♦104

104.8

*104.4

104.12

104.12

*104.4

104.12

Treasury 2%s

-1961

*102.20

102.24

*102.24

102.28

*102.28

103

*102.26

102.30

*102.26

102.30

Treasury 2%s

1958-1963

*105.28

106.4

*105.28

106.4

♦106

106.8

*106

106.8

*106

106.8

Treasury 2%s
Treasury 2%s

1960-1965

*107.28

108.4

*108

108.8

*108

108.8

*108.4

108.12

*108.4

108.12

1956-1958

*101.10

101.14

*101.16

101.20

*101.18

101.22

*101.28

101.24

♦101.24

101.30

*10-1.26

101.30

*101.26

100.4

*100

100.6

Dec 15

96.14 Oct
\

14

96.14 Oct

14

Oct

14

,96.19 Jan

9

96.20 Mar 18

96.25 Dec

9

96.21 Dec

9

96.21 Dec

9

96.15 Dec

9

96.27 Nov

18

96.22 Dec

10

96.22 Dec

10

95.8

Dec

24

96.20 Nov

19

100.4

Nov

18

96.9

r-'

102.18 Jaa

100.4

Nov

102.18 Jan

29

94.8

Mar 25

95.20

Oct~23

Oct"27

97.19

95.20

Oot~23

18

29
99.14 Oct 23

23

Oct~27

*101.20

101.24

*101.26

99.24

*99.24

99.30

*99.30

/ *98.20

98.26

♦93.26

99

*99

"

98.8

.'♦97.26

1966-1971

98

101.30

*99

*98.18

*98.12

98.18

*98.18

98.24

*98.20

98.26

98.16

•98.16

98.22

*98.18

98.24

*98.2

98.8

*98.10

98.16

*98.12

98.18

99.6

•98.16

•98.12

-

98.24

98.22
98.18

2Vis
2 Vis
2%s
2 Vis
2Vis

97.22

*97.24

97.30

*98.2

98.8

*98.4

98.10

*98.4

♦97.8

97.14

♦97.16

97.22

*97.26

98

*97.28

98.2

*97.28

98.2

Sept 1967-1972

J

2%s

♦97.16

*97.6

97.12

*97.14

97.20

•97.26

98

*97.28

98.2

*97.28

98.2

Dec 1967-1972

i

__

_1:__1957-1959
June 15

1958

*97.28

98.10

98.2

*97.28

97.14

*97.16

97.22

*97.26

*101.10

101.14

♦101.12

101.16

*101.16

101.20

♦101.16

101.20

*101.14

101.18

♦101.2

101.6

*101.8

101.12

♦101.14

101.18

*101.12

101.16

*101.12

101.16

*97.8

98

98.2

1954-1955

♦100.21

100.24

♦100.20

100.23

•100.20

100.23

*100.20

100.23

*100.20

100.23

«_I_1954-1958

*100.18

100.22

♦100.18

100.22

*100,18

100.22

*100.18

100.22

*100.18

100.22

1956-1959

*100.16

100.20

*100.22

100.26

•100.26

100.30

•100.24

100.28

*100.24

100.28

__June 1959-1962

*99.14

99.20

*99.18

99.24

*99.24

99.30

*99.24

99.30

*99.22

Dec 1959-1962

*99.14

99.20

♦99.18

99.24

*99.22

99.28

*99.22

99.28

*99.22

99.28

♦100.13

100,15

♦100.13

100.15

*100.14

100.16

*100.14

100.16

*100.15

100.17

100.16

♦100.16

100.18

*100.16

100.18

*100.16

100.18

100.18

•100.14

100.20

*100.10

100.16

*100.10

100.16

96.16

*95.24

96.16

:

—

__

____^-June

1954

Treasury 2s

_

99.8

*98.10

Dec

1954

*100.13

100.15

*100.14

Treasury 2s

Mar 18

100.3

15

*99.2

101.28

100.4

June 1967-1972

2'As

Dec 1954-1955

♦100.12

100.18

♦100.12

Treasury 2s
99.18 Oct

99.6

•<

98.10

*98.2

1965-1970

*99.30

-

*98.4

Dec 1964-1969

-

2%s
2%s
2%s

Treasury
Treasury
Treasury
Treasury
TTeasury

101.20

*99.18

June 1964-1969

Treasury 2%s
Treasury 2'As
Treasury 2'As
Treasury 2%s
Treasury
Treasury
Treasury
Treasury
Treasury

99.14 Oct

97.19

Mar 25

94.8

*101,16

1963-1968

Treasury 2%s

1958

-1962-1967

Treasury 2%s'
Treasury 2%s

99.28

International Bank for
Reconstruction
Oct

20
22

96.4

Dec

10

93.4

95

98.10 Nov

Apr

17

101

17

91.25 Apr

27
98.10 Nov
7
97.24 Feb

7

100.15 Dec

90.16 Jun

16

94

92

7
2

96.28 Aug

92.12 Oct

16

96

Nov

98

101

„

95

July

•

94.16 Jan

100.16 Nov

2

Development

30

25-year 3s

July 15 1972

4

25-year 3s
30-year 3'/is

Dec

1

23-year 3%s

1 1976
1 1981
May 15 1975

Oct

26

100.24 Nov

2

97.16 May 12

1

Dec

Jun

&

4

19-year 3%s
3-year 3s

Oct 15 1971
Oct 1 1956
—1969

96

95.20

*95.4

*95.24

96

96

96

'

-

July 20

15-year
Serial

Mar
Oct

3'As

bonds

of

♦94.8

95

95
5

*94.8

95

96.24

♦98.16

99

*98.16

*96.24

97.16

♦99

99

95.16

3,000

*97

97.24

97.24

15,000

»QQ

99.16

*99

99.16

6,000

*95

95.

*97

99.16

101.16

101.16

*101.8

101.16

*101.8

•101.4

101.16

*101.4

*101.8

101.24

►101.8

101.24

*101.12

101.24

101.16

♦101

*101

*94.8

95

96.24

97

*96.8 '

*101.8

101.16

►101.8

101.16

*101.12

101.20

101.16

►101.8

101.16

*101.12

101.20

*101.8

101.16
i

1950

2s

due Feb

2s
2s

2s

*99.16

*99.16

100.8

*99.16

100.8

*99.16

100.8

100.8

15

1954

*99.16

due Feb

15

1955

*98

99

*98

99

•98

99

*98

99

*98

99

due

Feb

15

1956

*96.16

98.16

*96.16

98.16

•96.16

98.16

*96.16

98.16

*96.16

98.16

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

96.16

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

94.16

*92.16

94.16

*92.16

100.8

94.16

2s

1960

*92.16

94.16

*92.16

94.16

due

15

1961

*91

93

*91

93

*91

93

*91

93

*91

93

2s

No sales transacted this day.

15

2s

•Bid and asked price.

due Feb

*92.16

due Feb

*89.16

91.16

*89.16

91.16

*89.16

91.16

*89.16

91.16

*89.16

91.16

Odd lot transactions.

a

eOash sale,

RANGE

Friday
Interest

Last

Period

BONDS

Sale Price

r

FOR

Feb

15

1962

Registered bond transactions.

WEEK

ENDED

JANUARY

or

Friday's

Bold

Year 1953

New

City

York

High

No.

Low

High

Interest

'

New York Stock

Brazil

1

Exchange

Last

Period

BONDS

Range for

Bid A Asked
Low

Bale Price

Issue—

Corporate Stock

19

.June-Dec
June-Dec
.June-Dec
June-Dec
June-Dec

20

3Vis series No.

June-Dec

1980

100

174

9931 100

B5

16

3Vis series No.

101 '/a

17

18

3Vis series No.

,.

3Vis series No. 21

3%s series No. 22_
3%s series No. 23
3%s series No.

Foreign Securities

V

24

.

;

3Vis series No. 25

y;

3Vis series No. 26
.

-

June-Dec
—June-Dec
June-Dec
June-Dec

.

3Vis series No. 27
3Vis series No. 28

3Vis series No. 29

'IV
;

Wertheim & Co.
Tmlmphon•

Now

Members

120

REctor 2-2300

NY

AExternal
AExternal

sink

see

fd

sink

sec

7s

fd

2nd
3rd

7s

ser

ser

Jan-July
June-Dec
Jan-July
10-year 3'As 1956
Feb-Aug
10-year 3'As 1957
June-Dec
20-year 3'As 1967
June-Dec
20-year 3'As 1966
June-Dec
15-year 33/as 1962
Feb-Aug
Belgium (Kingdom of) extl 7s 1955-.
June-Dec
lABrazll (U S of) external 8s 1941
June-Dec
Stamped pursuant to Plan A Interest
20-ycar 3s s f $ bonds 1978
(City)
external 5s
1958
(Commonwealth) 5s 1955

reduced

Stamped

f

to

s

Stamped

t

3.375%)

due 1957

Plan
1979

to

funding

3.5%)

bonds

Plan

to

of

to

assented

A 6s

fund 6s Feb

Feb

ARy external sinking fund 6s Jan

70'A

70

70 %

65

~2

71

70%

'70

72

65

70

*70
46

68%

'70

65%

70%

45%

40%

22

46%

44%

105% 105%

2

101

105

101'A

101% 101%

75

100%

102%

100'A

100

100 %

23

95%

.

100

100

29

94 %

97%

97%

98

30

88%

97%

97%

97%

98

56

88'A

97%

97%

97%

98'A

40

88

97%

—

—

109

100'A 100'A

109

*95'A

15

109

108%

..

91

—

113

95%

I

59%
__

*90%

59%

A6s

assented

assented

A 8s

AExternal
A 6s

•Extl

63%

86

92

3

55

ASlnking
A 6%s

86

fund

A 6s

1

40%

44%

14

99%

103'A

AGuaranteed

A 7s

1961

Consol
assented

1961

fund

1962

*

7s

96%

16

91%

95%

45

2

40%

44%

55%

58%

40%

1

34

38%

*62-%
40%
*39

33%

38 3A

*62%

55%

61%

34%

38%

55%

61%

*39

*62%
1

*62%

AChinese

I960

1960

(Hukuang Ry)

5s

A

3.375%)

—

*90%
•60 %

*93'A

1979
1944

A

60
—

55

66
—

—

61'A

89

93%

—

♦61%

64

—

68

63%

56%

61%

77'A

39'A,

39'A

2

40%

(interest
—1
_April-Ocf

(Plan B)

59%

59%

12

1

June-Dec

♦79

80

3%s series No.

2

June-Dec

*773A

80

3Vis series No.

3

June-Dec

76%

77'A

75 %

33 %

38%

55%

61'A

33%

38%

32'A

38 %

63%

1

63 %

*39

38%

39

June-Dec

39%

192

80
81

3Vis series No.

4

June-Dec

77%

77%

74'A

3Vis series No.

5

June-Dec

77%

77%

74'A

67%

*39

34 Va

38%

*62%

55%

61%

34%

36%

58

61%

'39
*

April-Oct

62 %

80

89

74

34%

May-Nov

*62%

55%

59%

38%

*39

33%

Mar-Sept
Mar-Sept

*62%

55%

61%

1951—,

35%

37'A

June-Dec

'6'A

*39

7%

—

—

For Financial lnatitutiona

FOREIGN

SECURITIES

FIRM TRADING

MARKETS

87'A

PARL MARKS & HO, iNCo

82

76'A

'

7

June-Dec

*85'A

3Vis series No.

8

June-Dec

•—

3Vis series No.

9

June-Dec

*87'A

3Vis series No.

3Vis series No.

10

June-Dec

11

June-Dec

*78

3 Vis series

No.

12

June-Dec

13

June-Dec

June-Dec

3Vis series No. 14
For footnotes

see




page

31.

82

80'A
82%

79

76

50 Broad St., New

97%

76

75%

*76
76

85

*78

3Vis series No.

—

'91

3Vis series No.

FOREIGN SECURITIES

SPECIALISTS

—

80%

92

74

81%

38%

*39

—

80

77%

58%

'62%

81%

74%

59%

55%

*39

—

—

3Vis series No.

38%

*62%

'

83'A

1951

38 3A

61'A

34%

.

(interest
June-Dec

due

Plan

External dollar bonds of

April-Ocf

60

33%
58%

41

41

92

1
—

61%

55%

May-Nov

6s

1962

Municipal

95%

95%

*62%

April-Oct

1961

sinking

assented

6s

91%

45

96%

June-Dec
fund

46

46

103'A 103'A

'

—

103%

'96

—June-Dec
June-Dec
June-Dec

1961

sinking

assented

A6s

6%s

assented

AGuaranteed

1993

1957

79

103%

100%

61'A

—

3s

bonds

"75%

100%

1

—

May-Nov

1963
$

Mortgage Bank 6%s
A6'As assented 1957

*■

3

103'A 103'A

May-Nov

19fu3

6s

AChile

A Chilean

59

fund

fund

April-Oct

%,

87

79%

'

103'A 103%

1961__Ja»-july

-—

.

82

75%

82

1961

1962

sinking

assented

sink

Jan

78
76

88

*78%

Jan-July
AExternal sinking fund 6s Sept 1961—Mar-Sept
A 6s assented Sept
1961
Mar-Sept
AExternal sinking fund 6s 1962..
__April-Oct

71

'81'...

Feb-Aug

1961

70%

*70

77%

*78

—

Feb-Aug

1961

65

(interest
April-Oct

1978

1931

pursuant to

reduced

A

1952—

pursuant

__

75%

*73'

—

April-Oct

1960

sinking

65

June-Dec

to

Ry)

April-Oct

101

assented

AExternal

*70

A (interest
1979
April-Ocf

to 3.375%)

reduced

Stamped

due 1957

95%

~4

100

80

Plan

6'As of 1927

(Central

Stamped
5%

to

pursuant

reduced

|A78

1926

92

100

June-Dec

1978

6'As of

pursuant

reduced
AExternal

3.5%

to

s

90%

A 6s

*70

1957_April-Oc(

Antwerp

02%

*92%

1957_April-Oc<

Australia

AExternal

♦92%

92%

82

78

76%

40%

I960.

6s

80

81
81

*78%,
.

May-Nov
April-Oct

fund

sinking

94

74

19

79%

81

95

77

88

79%

1957

1942

assented

5 A 7s

AExternal

Agricultural Mortgage Bank

82

73%
83%

5

♦76

_

1-1693

Foreign Government and Mnnietpal

(Columbia) —
8AGuaranteed'sinking fund 6s 1947
Feb-Aug
SAGuaranteed sinking fund 6s 1948
April-Oct
Akershua (Kingdom of Norway) 4s 1968—Afar-Sep
fAAntioquia (Dept) collateral 7s A 1945—Jan-July
8 A External sinking fund 7s ser B 1945—Jan-July
§ AExternal sinking fund 7s ser C 1946—Jan-July
I AExternal sinking fund 7s ser D 1945—Jan-July
AExternal sinking fund 7s 1st ser 1957_April-Oc(

sinking fund 5s

82

75

*80

103'A

(City)

79

74%

5

79

79

June-Dec

3Vis series No. 30—_—;—

82

78

88

*76

Mar-Sept
Sinking fund gold 5s 1958
Feb-Aug
Caldas (Dept of) 30-yr 3s s f $ bonds 1978_Jan-Jufy
Canada (Dominion of)
3'As 1961..,
Jan-July
25-year ? 2Vis
1974
Mar-Sept
V 25-year 2%s 1975
Mar-Sept
Cauca Val (Dept of) 30-yr 3ss-f $bds 1978-Jan-Jmy
lAChlle (Republic) external s f 7s 1942___May-JVoi;

Tmlatypa

York Stock Exchange

Brohdway, New York

-

Brisbane

82

76 V*

*92

June-Dec
June-Dec
June-Dec
June-Dec
June-Dec

High

75%

79%

*78'A

79

Low

2

82

79%

—

Year 1953

No.

78'A

*76

,

Range for

Sold

80

78%

—

Bonds

High

*78'A

June-Dec

15

3Vis series No.

Friday's

Low

3Vis series No.

3%

or

Bid A Asked

(continued)—

3Vis series No.

Unification

Transit

Week's Range

Friday
Bonds

*

New York Stock Exchange

22

Week's Range

Telephone HAnover 2-0050

York 4, N. Y.
_

Teletype NY 1-971

4%

8

27

The Commercial and Financial Chronicle
28

Monday, January 25, 1954

...

(416)

NEW YORK BOND RECORD
RANGE

Friday
Interest

Exchange

New York Stock

Last

Period

BONDS

Sale Price

WEEK

FOR

JANUARY

ENDED

or

Friday's

Bid & Asked
Low

High

(Republic of)—

46s

of

AOs

of

.,

Range for

Sold

Year 1953

Low

No.

1

.

Cuba

30-y'ear

62

62

§ASao

101

100%

100% 100 Vi

9

88%

100%

45

13

37%

45

113% 114

175

111%

117

114 '

(interest reduced

to

extended

6%)

Ban

(Kingdom of) extl 5'/is 1955
External gold 4'As 1962__

El

extl

dollar

f dollar bonds Jan

f

dollar

(Federal

External

5'/is

bonds
of)

of

dollar

bonds

1

65

Jan-July

58 Va

bonds

loan

bonds

1924

16%

68 »/a

68 Va

73%

50

53%

7s

1st

64

64

67%

§A6Vis

1st

49%

53%

89

85

April-Oct

85

89%

6'/as due

77'A

77%

81%

238

Electric

96

161%

5%s

100

149%

__

paid 1968
(City) external GVis
(Republic) —

156% 156 Vi

~2

98%

99%

6

93

98'A

23%

27%

112

10

20%

23%

2611?

95

gtd

§A7s

series

Italian

—May-No?)
Feb-Any
April-Oct

ext

f

s

B

Public

30-yr gtd

1960

138%

,

gAExternal

extl

due

A5 Vis

6%s

loan

extl

due

loan

1965

Ajugoslavia
AMedellin

of

(State

3s

'

1953

•AStmili

Mexico

107

Muij-Hov

80 Vi

1957—Annl-Oct

1954

25

87%

61

87%

76%

Electric

of

90

—

80%

June-Dec

107

—

46

'

Power

2

5

8%

11%

9

6%

11%

—

—

;

Yokohama

18

A6s

70%

"72%

#8 due

80%

10

—

9%

loan

'26

of

Jnne-DCc

1961

1961 extended

1971

to

due

17%

(assented

1922

to

of

ment)

16%

18
11

17%

(1942 ngrcc't)

1910'(assented
1945

1922

to

10

1968—Jan-July

10

10

8%

agree'!,)

15%

;

fATreasury 6s of 1913
agreement)

1933

(assented

14%
15

15%

16%

14 Vi

—

16%

{

A6s

assented

now

Minks

Geraes

ASecurcd

6Vis

ofi

1952

8tamped

sinking

pursuant

reduced

to

ex'l

Stamped

4s

18%

17%

19%

75

1958—Mar-Sept

sinking

to

(iVis

"53

52

A

3s

fund

to

6Vis

Plan

2.125%)

A

15)59—Mar-Sept

fund

external

34

36%

36%
54

52

"53

(interest

2008,,

sinking fund 4Vis

sinking

"34

—Mar-Sept

April-Oct

1963

31%

33%

101

102

10

Feb-Aug

100

3Vis

sinking fund external 1957
April-Oct
Municipal Bank extl sink fund 5s 1970—June-Dec
Development Co Lid—

"96%

99%

21

101 Va

101% 102

99'%

4

100

99%
95 '/a

99

100%

102% 102%

35
102

100

"101% 102

Mar-Sept

1965

loan

33 Va

May-Noo

101%
102%
102

5A6s

extl

loan

(30-yr)

1953

extended

A5Vis

extl

loan

8Vis

"

due

1958

1953

to

Mar-Sept
Mar-Sept
May-Nov

1963—

(30-yr)

extended

1958
to

>

to 2.125%). 2008
(Republic ol) external 7s

.

ANal

loan

extl

loan

extl

clAPoland

s
s

f

t

(Republic

1st

6s
6s

2nd

of)

gold

6s

A4 Vis assented 1958
lAStabilization loan sink fund 7s 1947
A4Vis assented
1968

105

71%

2

63
99

__

"33 Va

First

Atl

"55%

58

"8%

11

91

5 AExternal sinking fund gold 8s
1950—Jan-July
A4'As assented 1963—
jan-July

9%

15

14%

15

11

11

11

9%
"17

11

24

Baltimore

56%

fixed

11 '/a

Ref

14%

(City of) —

(Interest

pursuant,

reduced

• ARio de Janeiro

Stamped

to

to

Plan

to 2.375%)

Bio Grande

|A8s

to

do

Lo

external

reduced

retHiced

of

to

2.5%)

to

2%)

<oan

32

April-Oct
(interest

"67

to

footnotes

to

2.25%)
see

Plan
2004

page




due

June-Dec

31.

1966—
A

due Dec

101%

95

100%

99% 100

61

95'A

101%

96%

90'A

96

"94
101
30%

101%

41

118%
112%

v.

~

101

101%

—

—

119

45

106

120>A

114

17

100 'A

112'A

13

103%

_

2

98

1

80'A

77
80

79%

—

—

__

•-

106%
—

__

1966—Ja?i-Julv

97%

101'A

83%
92

101%

99%

"101
106% 106'A
101"% 101 VA
"104'%

103%
108'A

97

102%

99%

104 %

98'A

29

93%

97%

94%

96

—

2

68

86%

53

92

—

—■

1

94%

April-Oct

94

96%

102

(2%
157

—June-Dec

76%

76%

76%

72%

85

Mar-Sept

76%

7614

17

72%

85

76 "A

33

72%

85

Mar-Sept

1996—.

—

76%
76%

June-Dec

2000

1

100

99%

100

April-Oct

—

—

1

4s

West

&

series

A

88

87%

17

83

95

May

68%

68%

69'A

153

64

75%

May-No?;

1905

income Feb

94%

94%

94%

8

86

96%

62%

83 VA

26

79

88%

—

81

00 CNJ

21

75%

86%

*90/a
109
"95%
"105%

91

2010

1

.,.

88

Virginia—

1980

div first mortgage 5% ser A
(3%% fixed & 1%% conting iut) 1980 Jan-July

First

Bangor

division—

Aroostook

mtge

4',2S

38

Bell

51

Beneficial

Industrial

18

Loan. Corp

29

34%
68%

Telephone

Bethlehem

of

Steel

'

1976

Pa

4%s debs

48%

Borden

56%

Boston

mortgage

(The)
&

Co

Maine

3s

2%s

"56%

June-Dec

"37

37%
__

(interest

34%

38

1976
1979

56%

57%

33 Vi

38%

series K
debs 1981

mortgage 5s series

mortgage 5s series II

First

AInc

—
—

—

106

;

Jan-July
May-Now

Ja?i-July
Mar-Sept

97'%

—

16

Mar-Scpf
May-Nov
mortgage 4%s series JJ 1961
—April-Oct
mortgage 4s series RR 1960—
Jan-July
mortgage 4%s series A July 1970, May-Nov
AC

1967
1955

"98%

—

97 %!
.

—

—

71'%
57

I

83

91%

—

76'%

95%
104%

.

I

76%
99 1
78
71
56
(

93%

111%

104

VA.

97%

97

—

107
91

96

:

—

10

109%

i

-

86%

92

-

97%
96

100%
98

7

91

3

77

99%

1

99

73

2

73'A

77

72

104

70

77%

77

55

62%

98

,

RR—

First

First
42

1970

series J

First

"36%

May-iVoy

Mar-Sepf

„

I

Corp—

mortgage 2%s

43%

I960.—April-Oct
1961_May-Nov

1973

mortgage 2%s series I

53

__

C

debs

2%s

Consol
Consol

"44 %

Jan-July

-—

series

5s

Loan

Consol

"56

82%

1985—Jan-July

RR—

conv

33%

67%

32%

—

lien and ref M 4s series D

&

48

35

(interest
June-Dec

1926

96

29

general mortgage 6% (2% %
3%% contingent interest) —

Beneficial

April-Oct
A

2012

of

pursuant

Plan

97

100

99%

..Mar-Sept
Jan-July

1980

1995,

1

March

Pittsburgh Lake Erie

1st

9

A

58%

(interest

1946

Plan

102

99

and

A4%s convertible

38

55

"46

"32

of)-

1921

36%

40

"49

1999

to

"37%

Feb-Aug
A

Dec

M illie

Series J
■

38

,

April-Oct

sinking fund gold 1968

pursuant

A7s external

Stamped

(State

loan

(interest

1953
Plan

A

contingent interest)

due

Toledo-Cincinnati

2012

pursuant

reduced

Stamped

For

Sul

externa!

Stamped
A6s

to

2%)

/art-July

37%

A

Feb-A?ro

6 Vis

pursuant

reduced

A

"38

April-Oct

2001

I AExternal secured

Stamped

Plan

101

99%

8'western

Ian-July

2006

(City of) 8s 1946

pursuant

reduced

to

2.25%)

and

3%

G

Refunding

stamped pursuant to Plan A
(interest reduced to 2.375%) 2001

stamped

and

fixed

11%
11%

119%

102

June-Dec

1964,

Series K due March

14

125

116 '/a

Ohio RR—

Series

6%

123

116

1,466

April-Ocf
May-Nov

Refunding and /general*mortgage 5%

<

1961

1966

&

56%

8

114'A

21

122'A

119% 120%

,

Ry—

1972,

38

2

43

122'A

121

First mortgage 4s series A July 1975
First mortgage 5% series B (4% fixed
and \% contingent interest) July 1975

54

6

95%

B

100 Vi

5%

1962

Refining 2%s debentures

56%

6%

89

122

_May-No?>

A
ser

48%

11

19

93%
104 'A

61

97%

84'A
97%

121%

April-Ocf

1963

4Vis

mtge 4%s ser C

Atlantic

Series

11

7Vis

RR

Gen

131

debs

Line

mortgage 4 %s-4s

—

11

Alegre

Line

92%

13

120

June-Dec

1995

1
Air

mortgage 3%s

Coast

84 %

116%

Fe—

48%

~7

_April-Oct

8s

Jfily

4s

Gen

I

56 Va

.April-Oct
April-Oct

Porto

3%s

31

58

1960.,,

1995

4s

Charlotte

108'A

122

1962—April-Oct
April-Ocf
Feb-Aug

1977

debs

48%

36

56%

April-Oct
April-Oct

only)

(leg

Inc 3%s

Topeka & Santa

&

94%
89

67

94%

96%

97'A

92%

80 '/a

Corp—

Investment

Stamped

72'/a
Va

52

"55%

■

115%

3s

;

—

first

General,

2

93%

,

94%

1

Jan-July

120

71%

Mar -Sept

1940

1

"50

I960—June-Dec

series .1901

138

104% 105

.Mar-Sept

79

"100%

Mar-Sepf
1959

series

69

118% 118%

1968

reduced

10
25

78Vi

May-No?)
(City) sinking fund 4Vis 1955
April-Oct
IAPernainbttco (State of) 7s 1947
Mar-Sept
Stamped pursuant to Plan A (interest

ANat

55

•

87 «A

95

95%

93'/a

J?tne-Dec

Associates

Atlanta

69

84%

113% 114%

105

Quar-Ja?i
.1/lpnl-Oct

Atchison

61%

69

•

Mar-Sept

1963

1977

4s

471

94 V4

86%

90%

94%

June-Dec
...June-Dec

94 »A

100

76'A

89%

90%

,„_Feb-Aug

Nitrate

mortgage
Arbor

64'A

93%

April-Oct

gold 4s July 1995,—
A P W Products'Co 5s 1966——,

99

79

debentures

100

94%

114

86

9

103'A
105

97

79%

63%

94'A

—June-Dec

a

1964

1DG9

Anheuser-Busch
Ann

102%

133

133
79

Oslo

APeru

1961

Tobacco Co debentures

Anglo-Laularo

Oriental

6s due

97%
100 V*

100

73%

64

98'/a

27

94 %

94%

,

80

95%

■

104'A

74

105%

■

"96

79

.April-Oct
Jan-July

.

clebs -1965

debentures

1st

Mar -Sept

debs

conv

3%s

53%

——

99 Va

97'A

'

Feb-Aug

debentures

conv

conv

American

92%

(Interest

2008

(Kingdom of) 3%s 1957
(Kingdom of) 4Vis 1956,

External

18%

18%

"92

Netherlands

Norway

19

.April-Oct

Plan

lo

2.125%)

pursuant

reduced

fund

105

1980

debentures

conv

3%s

(State) —

extl

A8ecured

"18

Ibd'S. Jan-July

agree't)

105%

June-Dec

2%s debentures 1971
3Vis

"18

(1942

debentures

3%s

Jan-July

SASmall
ASmall
IAMllan
(City

99%

"98%

-

102% 102%

I960.

104'A
105'%

70 Vi

Corp 3%s.s

) 2%s debentures 19112
:[2%s debentures 1987
; 3%s debentures 1973

1922

to

—

84

-

"15%

l9G3_Jan-July

ASmall

debentures

3s

78%

101%

96

94%

60

104% 104%

99'A
104%

&

2%s

fa??.-July
(1942

Airlines
Bosch

10%
130

101

99 %

99 %

102%

1970

14'A

—

"103% 104'/a
"101

—Feb-Aug

1964

..|2%s debentures 1975
z'j 2%s debentures' I986,____,

9%

agree¬

—

assented

new

debentures

,i2%s

June-Dec

assented

66%

3

V

100

"100%

May-No?;

f debs J964—May-No?;
Foreign Power deb 5s 2030,,.Mar-Sept
; | 4.80s Junior debentures 1987
Ja?t-June
American Telephone & Telegraph Co.—

17%

78

77%

111

Lid—

American

17%

16%

§ ASmall
A4s

3 lis

Canada

5%

1

130

May-Nov

America

of

American

17%

agree't)

1954

new

|A4s

"16%

—

1904

16%

8
18

130

130

1956—Mar-Sept

debentures

2s

of

37/bs

__

Small

A4s

Mlg

82

INDUSTRIAL COMPANIES

AND

1967,

Co

American

»ALarge
of

3%s

64'A

8%

June-Der

—

RAILROAD

Southern

Great

97

98'%

"14%

9

89%

91

81%

"70

Feb-Aug
Feb-Aug

92

82

97

of) —

Co

1945—Quar-Jan

—

95 %

~~6

(Dept of)

1958

Aluminum

"16%

92%

"

148

83

91 %

92%

164'%

83%

30

91

"90%

—Jan-July

1984

Valley

100

—

90%

91

1978—Feb-Aug

external 7s 1958

(City

extl

1978,— June-Dec

readjustments

readjustment

Allls-Clinliners

1903-Jan-July

95

81%
161

148

May-Nov

Aluminum

ngrcc't)

148%

136%

164%

May-Nov

Power first mortgage 3 %s 1972—Jan-July
Albany & Susquehanna RR 4%s 1975
April-Ocf
Allegheny Corp debs 5s ser A 1962—
May-Nov
Alleghany & Western 1st gld 4s 1998—:—April-Ocf
Allied Chemical Ar. Dye 3 Vis debs 1978
April-Oct

9%

Qunr-J«?t

<1942

69%

May-Nov
May-Nov

1979

59
54

119

2

68

81

"100%

Alabama

9%

—

135Vi 135Vi

61

Mar-Sept

1960

73

49
49

"161

1979

V

i—

1968—Jan-July

60

1946—.Feb-Aug

8s

121

64%

74

"57%

Mar-Sept

1955

to

70%

106%

Ltd—

external

44%
Alabama

agreem't.)

60

68%
122

"55Vi

•

117

--

—

June-Dec

readjustment

(City)

16

99'A

94%

10

n

,

A 11%

103

*"9
68%

Mar-Sept

1952

June-Dec

conversion

A4%s assented

81

8%

100% 100

122

April-Oct
—Apfil-Ocf

1971

to

Co

extended

external

AWarsaw

10%

46

»

15

—

1963

to

88%

80

87 7

sinking fund Gs 1964
(dollar bond of
1937) —

41%

10

22 Vi

„

15

Jan-July

1961

Valle Del Cauca Sec Cauca

89

128

64%

17

81%

145 Va

77%

—

J«?t-July

3V«-4 %-4 ,r;,s external conversion

§ A Large

A

16%
143%

127'%

11 %

1981

to

4-4%-4 Vis external

§ A Small

A4s

9%.

87%

1957

91%

1943—May-No?)

—

(1922 .agreem't)

assented

34

16%

9'%..

"143

Jan-July

'12

(Republic)

External

§ ASmall

new

106

June-Dec

sinking fund 6s

67

22%
46

—Jan-July

1945

A5s

73

19

June-Dec

02

—

assented

81

56%

3%-4-4%s

—

IA 5s

75

5

Ltd—

mtge s f 1945

1945

due

5 4'/a

9%

(1942

due

1

68

17

r-17%

May-Nov

AExternal

53

129

"69

—June-Dee

1968

1899

87

19%

1958

78

~2

95

146% 147'/4
0 1

May-Nov

1978

(Republic of)

|A5s

68

June-Dec

7s

3%s
Co

extended

extended

1st

3Vis
87%

1943———

assented

58%

17%

59

79

1

87

1962

80

'95

146%

Irrigation—
IA4Vis assented (1922 agreement)
ANew

73

—

1961

lAUruguuy

89

43

/,

—

V'92

95

Feb-Aug

6Vis

bonds

small

93

60%

'79

Mexican

§A4Vis

79

2

68

May-Nov

external

sterling loan of

5A7s

54%

42%

51

__

54

53

Feb-Aug

1964,,,.

to 1975
Bank) 7s

Mtge

$

1

s

63

70

Jan-July

1962

f 1971
extended

External

1965

extended

(Colombia)

30-year

"92

54

to

'30

of

70

April-Ocf

s

1971

due

DJigawa

19%
98

44

95

54%

53%

52%

52 Vi

1354

'24

extended

1954

3

(interest

A

AExternal

Jan-June
Jan-July
June-Dec

(Kingdom of) 7s 1951
Japanese (Imperial Govt) —
A6 Vis

8%
93

—

53'/4

54

.—Mar-Sept

„—

JAltaly

CVis

"94

6s

Instil ute—

3s 1977
1952—^

7s

24%

7ff?i-June

f

s

57

59

Tokyo Eleclric Light Co I.td—
5 A 6s 1st mtge $ ser 1953

Works

Public

for

1947,

Utility

ext

49

84

§ A With March 1 1952 coupon on

154%

7b

1977——

3s

25 Vi

Jan-June

f 3s 1977

Italian Credit Consortium

30-yr

69

—

71 '/a

70

59

1968

Plan

extl loan of '27

5 A 5s

"99% 100 V2

—Jan-July

1960

to

"162%

Jan-July

paid 1964—,,

s

58%

(Kingdom)—

Power

(City of)

A5%s

1950

1950 extended

30-year ext

to

Council

(40-yr)

6Vis due

Tokyo

Feb-Aug

1954

Helsiriglors
Italian

A

1958

assented

County

A5Vis

Greek Government—
A7s part
A6s part

49%

—

52%

Mar-Sept
(interest
Jan-July

2012

external

of)

Sydney

261

__Feb-Aug

1944
to

mtge

gen

Plan

loan

2%)

secured

Taiwan

(Young loan)-—
June-Dec

A

extended

&

92
76

69

Jan-July

2004

external

(Prov

A4Vis

183

50

—

1965—

series

mtge
1944

A

ser

GO

Jan-July
Ja?i-July

5A6%s 1st mtge s f 1952—,.
6Vzs clue 1952 extended to 1962

Great Consolidated Elec Power—

§A7s

37

75

(interest

A

1956

to

dollar

B

1

A

1999

2.25%)

to

series

Plan

1999

Pian

loan

water

secured

to

2.5%)

to

pursuant

A8s

52

June-Dec
loan)

—

due

to

Serbs Croats h Slovenes

253

50

June-Dec
.

1949.

1930

58%

10%

Aflllesia

Dawes

Govt International

loan

"15%

—

April-Oct
April-Oct

1972

gold

55

„

of)—

1980

bonds

5Vis

1

17

~3

75

May-Nou

.

pursuant

2.5%)

to

A7s

Jan-July

92'/a

of)—

to

reduced

1930—

dollar

German

65%

35%
92 %

May-Nov
1957—May-Nov
(interest

A

1950

external

Stamped

82%

62

58'/a

1976

1967

1969

of

dollar

7s

82
6

65 'A

Plan

High

(Interest

A

fund

2012

pursuant

reduced

85 %

to

Stamped pursuant

101%

1

"82 'A

1972

loan

3s

(extl

91%

54

2001

reduced

external

Low

Bhlnyetsu Electric Power Co Ltd—

5s

German

101 Vi

100 Vi 100 %

A7s

J02

100

1924

bonds

International

101

Jan-July
1976—Jan-July

1

Jan

7s

Republic

loan

dollar

3s

101 Vi

1976

1

s

(Republic

German

52

Plan

sinking

stamped

reduced

42

A6s

Jan

3s extl

s

99 31

29%

5

99 U

99 35

39%

of)—

bonds

3'/zs extl
AEstonia

39%

100 %

(Republic
f

s

44%

Year 1953

NO.

May-Nov

to

(State

1936

Stamped

Bonds.

Salvador
4s

Paulo

(interest

Range for

Sold

June-Dec

April-Oct

2.375%)

to

Bonds

High

A

1952

secured

5A8s external

to
April-Oct
Feb-Aug
.April-Oct

1960

Denmark

Called

41%

to

pursuant

extl

to Plan
2.25%) 2004

8s

pursuant
reduced to 2%)

(State)—

assented

Stamped

45%

45%

Range
Friday's

#

6%s 1952

Stamped

8b

28

or

Bid & Asked

(Continued)

pursuant

(City)

reduced

A6Vis

90%

(State'Of)

reduced

(City of)

Paulo

93

14

Sul

stamped

Stamped

63%

03

do

(Interest-

jARome

54'/a

100% 100 %

Jan-July

1978

3s sinking fund $ bonds

1967

a

•

Cundinamarca

Czechoslovakia

Grande

100

49%

100'/4

44 Vi

Sale Price

Low

103 Vi

62

June-Dec

1977

(Republic of) 4'/as external
(Dept of) —

31

54%

Last

Period

High

98%
53%

53%

3s ext sinking fund dollar bonds 1970—April-Oct
fAColombia Mortgage Bank 6'As 1947
April-Oct
SASinking fund 7s of 1926 due 1946
May-Nov
SASinking fund 7s of 1927 due 1947—.Feb-Aug
SACopenhagen (City) 5s 1952
June-Dec
25-year gold 4'/as 1953
May-Nov
SACosta Rica (Republic of) 7s 1951
May-Nov

Interest

New York Stock Exchange

98%

—Jan-July

1961

Jan

1927

_

A,pnl;°P,f

Oct

1928

Week's

Friday
BONDS

Bonds

Rio

Colombia

?.'>

Week's Range

78

57%

82%
101

Number 5293

Volume 179

The Commercial and Financial Chronicle

.

(417)

29

NEW YORK BOND RECORD
RANGE

Friday
BONDS

Last

Period

Sale Price

Exchange

New York Stock

or

Friday's

Bid & Asked
Low

debentures 1968
April-Oct
Union Gas 4s debentures 1969—Mar-Sept
mortgage 2%s 1976
—Jan-July

Bristol-Myers
Brooklyn
General
1st

3s

Co

mortgage

1980

3s

High

Sold

Year 1953

NO.

Low

~1

93%

83 %

94

103
97

5s

A5s

general mtge income

3%s

1960

87

Jan-July
April-Oct

100

1982

86%

A 3s

in

94%
1st

Electric

California

Puwer

Oregon Power 3'/8S

Canada Southern

Canadian

consul gld

National

27

81%

10

98

101

12

103

105

Continental

gold

Guaranteed

gold

Guaranteed

gold

Canadian

Pacific

82 V'2

90

76%

9

debs

Carolina

June-Dec

1974

*91 %

May-Nop

I9G2_

April-Oct

1957

Jaw-July

1955

4%s

June-Dec

Case

1956

*93 %

series

*_Jan-July

(perpetual)

Ohio

&

Celanese

3%s

3 '/2s

Co

Corp

4s

3%s debentures
of

First

103%

107%

107

106 % 107

25

104%

107%

104%

104% 104%

1

103 %

106%

16

103%

AGen

104%

*97

P

Central RR Co of

New

Central

N

York

97%

10
13

mortgage

Feb-Awp
Feb-Awp

99%

99%

I960

1987
3s

Jaw-July
May

May
Jan-July

1974

3'/2s series A

3%s

series

1974

B

deb

Aprii-Oct

—Feb-Awp
Feb-Aug
Jan-July

1968

3s

1965

1992—

War-Sept
Refund ami imp I, M 3'/2s series D
1996—May-ZVo/>
Refund and imp!, M litis series E
1996—Feb-Awp
Refund

R

&

and

lihpt M 3%s series
lirsL consol gold 4s

div

A

*99% 100%

II

1973—June-Dec

1989

70%
54%

consolidated

gold

*97

4s

First

and

First

and

1958

mtge 3s 1990

Feb-Aug

•

RR

A General

inc

5s

April

A

ser

series

General
4'/is

increased series

121

32

April

Ja'11

First

—

95%

inc'

2%s

Chicago Terie
First and

Income

Chicago

Jan

Jan

1

April

1999—April

1989

Gen

88 %

96%

&

—

77

71

84%

—

—

78%

—

&

Southeastern

Jaw-July
1963

Chicago & Western Indiana
trust

T

4s

4%s

RR

3s s

Refunding and

St

&

Louis

3s

mortgage

2:l/4s

mortgage
Short

3%s

Line

debentures

series

3s

debentures

series

3%s

debentures

Columbus

&

C

ser

South

101 »/a

Edison

95

93%

98%

*104%

—

98%

Feb-Aug

98%

June-Dec

*98

94%

April-Oct

*91%

and

refund

mtge 2%s

ser

B

First

and

refund

mtge 2%s

ser

C

]972:Jwwe-Dec

First

and

refunding 3s series D

First

and

refund

1972

mtge 3s

series E

mtge

ser

& ref M 3%s ser G
&

rer M

1st

&

ref

3s

F

1981

3%s series I

convertible

debentures

War-Sept

93%
96%

May-Wou

197G_Jaw-July

debentures

1981

General

Realty

A4s

conv

&

1963

General

of Bait City—
mortgage 4%s 1954

Gas

El

Lt

1st

ref

M

1st

ref

M 2%s ser.U

1st

ref

mtge

1st

ref

M

3Vis

conv

For

2%s
s

ser

T

f 23/4s

3%s
debs

footnotes

ser

Y

&

Power

series

General

mortgage

98%

101%

General

mortgage
mortgage

94%

O co S?

General

mortgage

90

11

97

97 V*

Mobile

First and

92%

9
■

100

100%

1976

102%

First

1
10
—

90%

99%

90

115

99%

X

ser

1983

see




page

1986

98%
104%

3

Gulf

States

86

97%
91%

3s

81%

92%

certificates

&

101%

104%

4

84%

91%

91

13

21

99%
10

1

95%

93%

99%

93

96%

99%

89%

99%

100% 101%

5

92%

102%

1

95

105

105% 105%

8

96%

104%

170

Jan-July
Jan-July

1990—Jaw-July
3%s series O 2000
Jan-July
2%s seDes P'1982_—Jaw-July
2%s series Q 2010—-Jaw-July
2%s scries.It 19&1—L/ffu-July
debentures ctfs A
-Feb

Ohio

13

98

103% 104%

248

101

104

101%

103%

104%
■

104

104%

156

102%

102 Ve 102%

265

94

98%

140

169

100%

102%

94

1

98%

3

95

117% 117%

14

117 A

Feb

inc 4s series
trust 3%s 1968—

Utilities 2%s

mortgage

debentures

B

102

12

80

30

77%

91

90

76

85%

*85

111

99%

73

75

~5

95

75

95

3

*70%

19 %

19

35

19%

96%
75

12

22%

101%
%
91%

96%
83

13
7

95

102

5

72

82

*85%

75%

97%

98%

Jaw-July

1981

June-Dec
——Jwwe-Dec
May-Now

1st mortgage 3%s 1982.

.Tune-Dec

*98

June-Dec

97%

84 V*

92

90%

97%

—

92

April-Oct

1978

3s

91%

89 %

89%

75%

1969

69% " 76%

100% 100'%

Jan-July
1976—Way-Nov

1st mtge

89%

73 %

79

*103

*96%

2044

112%

1

91%
91

April

Jan

116%

91%

Jan-July

refunding 4s series B 1975

99%

108%

91

111

N

B-

97%

93

98%

RR—

First

92%
100%

1965—Way-Nov

104%

104 % 104%

1969——_Mar-Sept

1976

D

mtge

Collateral

82%

103% 103%

"l

98%

*104

mortgage 2%s 1973
First mortgage 2%s 1980_
mortgage

3%s

3%s

mortgage

:

1983

—

~

—

94
100

—

102%
—

H
Hackensack

Water

Valley

Hocking

first

mtge

4%s

first

Ry

1S76-War-Sept
1999—
Jan-July

Household Finance Corp 2%s 1970-,

3%s

debentures

1958

4%s

debentures

92

2%s

1968—

Jan-July
Mar-Sept
—Mar-Sept

Lighting & Power Co—
3%s conv debs 1967—
j.
June-Dec
Hudson Coal rirst sink fund 5s ser A 1962_Jwwe-Dec
Hudson &. Manhaltan first 5s A 1957
Feb-Aug

3

92

86%

90

'

,—

—

—

*94

103'/a

103% 103%
*105

106%

21
—

106

117%

89

*116

95%

103%

104%

107

107

121%

160

Houston

AAdJusled Income 5s Feb

157 % 160%

148

16

83

105

90

93

50%

51%

147

49%

64%

April-Oct

92%
50%
17%

17%

17%

12

16%

31%

A 1981—Jan-July

94%

94

94%

20

85%

93%

99

99 %

38

92%

99%

94%

97%

1957

I
—ApriZ-Oct

12

(Bait)—

Illinois

First

*94% 101
96%

April-Oct

1967

83 y4

104

mtge inc 5s series A July 2015April
and refunding 3%s series D 1969-Aprfl-Ocf

First

101%

law-July

1981

102

104 %

Jan-July

General

102%

West

&

A Debenture

Gulf

93%

4

93%

100%

102%

100%

45

95 %

*103

Mar-Sept

3%s scries

100%

100 A

100 V*

—

101%
95%

89

-Jan-July

1973

series C

Consolidated Gas Co

Consolidated

96%
94%

Ry Co—

105%

90%

*__

13

13

first mtge 2%s

Co

Northern

mortgage

103%

Feb-Aug
June-Dec

99

% 102 %

1976

debentures

income

(B F>

4 VaS

Way-Nov

1983

82 Ya

93%

101

3%s debs 1979—Jan-July
Utilities Corp—-

General

99

«...

—

97%

76
•-

101% 102%

1961

General

83%

97

Feb-Aug

__

102%

Motors .Corp

94

15

*97%

~1

82%

94%

83%

102 %

—

General

100

92%

93%

99

94%

76%

*94

Way-Nov

debentures .1958

5s

92%
96%

82%

81%

70
'

—

Co—

3%s debs

Corp

General

__War-Sept

3%s ser II 1982

M

4s

Foods

102%

92%

1977.April-Oct

1st

Ry

York—

1982

3s

102% 102%

109%

G

1st

First

'

102%

103

109 Vs

Way-Nov

1982

4%s

93

11

100

94%

82%

94 %

95%

20

—

99%

142

105%

97

1974—Mar-Sept

Denver

104

91

__

105%

104

23

75%

75

refunding fts series A

&

88

69

101% 102%

1
—

*101%

4%s

78

98%

101% 101%

103%
97

109*

June-Dec

first

9

98

April-Oct

92
103

134

1

—

99 %

109

April

/.

2

,

•

98

93

92

102%

1961——Way-Nov
Jaw-July

debs

99

*96

Feb-Awp

3a

1972
1977

96

23

97%

,95%

General Motors Acceptance Corp—

1001/4

1970—May-Sept

A

•

*—

1959

mortgage

1st

1st

Rubber

&>

General

—

—

2015

Jan

A

ser

96%

100

Feb-Awp

1965

5s

96

Cigar Corp—

refund

1st

General

of New

first

*142

•

1970

98%

97%
'

88

91

103% 1037/u

1995.Jan-July
War-Sept
1965
April-Oct
ApriZ-Oct

gold 5s

3%s

104%

102% 102%

—

1961—April-Oct

ser

and

Worth

Great

97%

109

107

*—

first 5s 1956-May-Nop

cons

Ry

4%s

Coast

A First and
Fort

93

mtge 2%s

First

,

1

88

1.02%

96%

94%

--

—Mar-Sept

86%

Anglo-Luularo Nitrate

3%% )

Tire

East

2

refund

95

_Mar-Se.pf.

-

92%

Compania Salitrcra—See

(now

"tFloridu

93

91%

Edison

first

debentures

93

and

*—

mlge

3%s debentures

Goodrich

First

96%
93%

10

*92%

Feb-Aup

100%

*101

73%

93%

Consolidated

2%s

79%

Feb-Aug

101% 104%

93%

12
384

9-5%

_April-Oct

10

83

91 %

Debentures

Firestone

69

1981

98%

98%

104 %
84

■76

*83

98%
101%

71

100%

2

103% 103%

-—Jan-July
Feb-Awp
t

73

71

Way-Nov

1977

100

98%
83

June-Dec

A

75

May-Nop

1982

inc

Mtge

AGrccn Bay

3%s series

112 Vu

*68

1976-War-Sept

33

*91

*92%

Power

147 y2

111%
68

B

141

99
96 %

April-Oct

River

121%

.717

75

1961

92

98%
94%

April-Oct
—April-Oct

1

96%

86

Co—

f debentures

s

103%

101'/»

104% 105
96%

1999

s

2%s

4

110% 111 %
*68

F

61%

1955

144% 144 %

Co—

consol

69%

4s

1961

91

107

June-Dec

1995

1965

Railroad

5

3%s

4%s

Georgia div
Y)

General

external

4s

1982

2%s

Southwestern

&

267

1975

111

3%s series F 1990
Jaw-July
First consol mtge 3'/us series G 2000—.Jaw-July
Ohio Division first mortgage 3%s 1971—Mar-Sept

95%

91

4

102% 102%
95%

debentures 2001

23/4s

&

(N

stamped

73%

mortgage 3s series T. 1977
First mortgage 3s series N 1978
3s sinking fund debentures 1999—

Conn

Erie

106%

89%

*94

luve-Dec

Elec

first

Paso

3%s

First

Consolidated

El

64

1977——,

Ohio

Columbus & Toledo
Commonwealth

B

Vu
111

El

71%

1975

A

debs

100

Inc—

3s

gold

debentures

Elgin Juliet & Eastern

103 Ya

—

System

144%

Feb-Aug

94 %

104%

100%

107%

*94

93%

95%

Juwe-Dec

lien

& Tunnel

Co

90%

104 % 105

June-Dec

1995

2.35s

94%

*83%

95%

June-Dec

1958

94%

*107

Way-Nov

1969_

94Vu

First consol mortgage 3%s scries E 1964_April-Oct

Ry—

1966

1988

,

First

June-Dec

Corp

& Iron

debs

Gas

first

M

& Ironton RR 2%s ser

Tenn

64

gtd 4%.x

100%

14

85 %

78 %

/awe-Dec

J986

100 Va

92%

78

Mar -Sept

first

94%

57

*93 '/a

94%

1982—May-Sept
War-Sept
May-Nop

mortgage" 3%s

1990_May-No»
1970
Jan-July

3s

12

102%

102

70

June-Dec

1985

102%

66%

Feb-Any

J982

100%

15

trust 4s

Illuminating

mortgage

First

99% 100%

95 %

11

—June-Dec

first coll

94%

'

—

E

96%

10

1977—Jan-July

102%

95

95%

Jan-July

mortgage' 3%s 1983

1991—Jan-July

1st 4s

95 %

86%

—

—

'

69

—

,

94%

I

67

~7

—

94%

—

54

*1007/u

Jan-July

69

lime-Dec

Div

Mar-Sepl

96%

96%
96%

87 V*
98

—

—

95

73

96%

1 *

80

91%

.

*88

70

*106

90

84

101%

*99

June-Dec

mortgage 2%s 1979
mortgage 2%s 1980—

East

77%

88%

..

73

April-Oct

inipl, 4%s series E

Electric

conv

71

1

72%

>

1979-Jan-July

1976

1st

64

35

Jaw-July

91

89%

Way-Nov

—

Jaw-July

Chic

First

4%s

52%

203

56%

99% 100%

1977

89%

86

April

1st

67%

Feb-Aug

1959,

83%

8

(4%%

series

80%

52%

102% 102%

Jan-July

debs

r

Wab & Mich

St Louis Division

Columbia

65

210

100%

I960—,

Cincinnati

Colorado Fuel

107

58

102%

J978

General gold 4s 1993—
General 5s series B 1993

First

70

55%

Way-Nov

City Ice & Fuel 2%s debentures 1966,
City Investing Co 4s debentures 1961

Cleveland

98%

P8

57%

mtge 2%s 1975. April-Oct

Corp 2%s

debentures

Cleveland

98%
70

Jan-July

1982_

wi

4s

subordinate

1st,

99%

92%

16

Terminal—

Cities Service Co

Cincinnati

102

Co—

A

ser

1st

2%s

Union

Financial

Cleveland

71

99

l-Jan-Jw/y

mortgage gtd 3%s. series E 1069
mortgage 2%s series G 1974

First
I

mtge

Gas & Elec

mortgage

First

3s

Station1963—;

Cincinnati

58

11

gold

General

1994

mortgage 3%s series F

First

12

*91%

91%

71

,

1st

Jaw-July

85

1

1970

debentures

Mack

&

K

3%s

debs

conv

Duquesne Light

Ry—

mortgage 2%s series G

coll

62

72%

1

74%

1985

2%s series I

ser

mtge

Chemical

5s

First

1st

Dow

72%

61%

5

66%

55%

89%

74%

1 2042
A

2%s ser J 1985

3%s

ref

Detroit Tol

'85%

100% 101

refund

Detroit Terminal

95

72

5

76

61%

56%

89%

Lake—

mtge

rer

Second

117

110

—

82

*73%
66%

—■

1973—Way-Nov

C

1993

series A
interest 2018

convertible

Detroit

103%

4

101%

Grande Western RR—

and

ref

&

42

07

102

Div

—-May

series

5s

mortgage

&

Gen

77 %

80%

Jaw-July

1980—

Haute

2%.s-4%s

Cincinnati

Gen

3s

*117%

—

Wetesrn

mortgage (3% fixed
V'/o- contingent interest) 1993

97%

86%

4

100%

102

100%

division

Detroit, Edison 3s series II

105%

84

102%

Income

104%
112%

RR—

First

C

2019—April

refunding mtge 2%s-4%s 1994.Jaw-July

Union

Income

112

77

86%

M

&

mortgage series A (3% fixed
1% contingent interest)
1993

Edison

A

ser

& Rio

—

1

95

First

j:

2044

f

4%s Jan

mortgage 3s series B

mtge

Denver

100

—

—

40

—

100

Co—

RR

mortgage and coll trust 2%s
mtge & coll trust 2%s 1980

1st

90

95%

101

100

*100% 101%

General

*93%

98%

Way-Nov

22

95%

95%
98

94

*100% 103

&

104% 104%

__

87

93

8

—

& coll

Power

contingent

*92%

34

—

tr 4%s ser B 1985
Way-Nov
Light 3s 1973April-Oct
First mortgage and coll trust 3%s 1977_June-Dec

1st, mtge

Delaware

Denver & Salt

15

96%

34%

24

*101% 102%

100 %

104% 105

96%

Jan-July

Pennsylvania Division—
1st mlge & coll tr 5s ser

100%

105

25

*93%

1963——Way-Nov

Western

trust 4-6s May

89%
99%

25%

1

25

*93%

;

1965

extended

4s

refund

Essex

&

Collateral

120%

99

35

June-Dec

1973

A

1977

Lackawanna

89.

Jaw-July

A

ser

B

Chicago Rock Island & Pacific
1st

York

First and

99%

99 %

26

1975—Aprll-Ocf
Jaw-July

1978

Hudson

25

1

June-Dec

debentures

debentures

45

1983

1994

2%s

100%

„

4

27%

*98% 100

Co

&

98% 100%

104%

26%

2

*94

102

108 %

26%

ApriZ-Oct

Western Ry—

mortgage conv

3s series

99

Jaw-July

2038

A

A

mortgage 4%S inc

conv

Chicago & North
Second

series

4s

3s

mortgage

100%

Way-Nov

1988

1

April
A2nd mortgage 4%s inc ser A Jan 2003
April
Chicago Indiana & Southern Ry 4s 1956
7aw-Juiy
Chicago Milwaukee St Paul & Pacific RR—

mortgage

mortgage

100 %

_Wa?/-Nov

1982__

4s

mtge 4 (is Jan

mortgage 4s inc

First

Imp & equip. 4s 1970—1

AIncome mortgage due

103

96

.Chicago Indianapolis & Louisville Ry—
A 1st

June-Dec

3%s

mortgage Inc conv 5s 1997
mortgage 3%s series B 1985

Chicago & Erie; 1st gold
Chicago Great Western

119

121

1

27%

26%

*25%

June-Dec

1970—

—

A General

First

97
98

97

*101

War-Sept

Chicago & Eastern 111

100%

*103

refunding mortgage 3%s 1085__Feb-Aug
refunding mortgage 2%s 1970—Feb-Awp

IsL & ret

1970

First

97

21 %

June-Dec

99%

*100
—

5

21%

B

New

62%

90.%

40

22

Jan-July

1970

_Feb-Aug

75%

50%

97

31%

35%

Deere

90

17

103%
101%

70

34%

A

85

373

100

91

Juwe-Dec

1970

93%
100

96%

92

ser

Morris

55%

9.2

91%

ser

98

99%

106%

2

4s

&

54

96%

103%

5

First mortgage 3%s 1982
Dayton Union Ry 3%s series B 1965

105

62

41

71

89%

8

100%

4s

Lackawanna &

75

35

„

27

103%

ref

Delaware

81

88'%

70%

Jaw-July

1989

4s

100

20

10

194

.

107
100

ref

Delaware

99

—

Chicago Burlington & Quincy RR—
General

85%

*85%

Jaw-July

•

Second

88

14

98%

107

*—

&

First

98%

91%

—

106%

103

&

98%

98

*93

—

103%

100

lieu

30

June

4s

98%

98

"l

29

;

3%s

96

13%

97%

~

Jan-July

lien

'

'

Paper & Fibre
Chesapeake & Oiiio Ry—
4'/2s

(1942 series)

101%

90%

98 %

102%

Way-Nov

Dayton Power & Lt first mtge 2%s

69

92%

94%

100%

95%

D

,

3%s

Champion
General

RR—

High

95%

April-Oct

mortgage

A

i

106%

60

1

68

93%

1995.

Power

and refund

First

68

97%

gold 4s 1948___ June-Dec

Co—

Pacific" Ry

First

1965

1976

A 1st

qq

101%

105% 105%

*96%

1950

issue)
1st

J—

mortgage

13%
98%

A 1st

105

04

Feb-Aug
___April-Ocl

1965

mortgage 4'/as series A Jan 1 2020
mortgage 4%s series B Jan 1 2020

Central

97%

102

99%

April-Oct

(1947
U

103% 104%

Georgia By—

General

mortgage 4s

Low

6

—

106% 107

Mar-Sept
Jan-July

1977

106(4

104% 105

June-Dec

1978

mortgage 4s series A

AGen

debs

Year 1953

No.

102% 102%

April-Oct
2%s 1975

debs

3%s

f

s

Range for

Sold

to payment

first mtge

Can

3%s

Bonds

High

*97%

Cuba—
as

2001

First,

1965

debentures

§ A Central Branch
Central

Cuba

97

14

Mar-Sept
Mar-Sept

1976

3%s

Corp

debs

debentures

3s

debentures

Celotex

85%

„

V

I960

A

Clinchfield

1)

Co

A 1st

95%

106% 107

Feb-Aug

mortgage guaranteed 4s 1981

(J

89%

—

106 %

Carthage & Adirondack Ry—
First

of

(stpd

dollars)

Ry—

Capital Airlines Inc—
4s

1978

mortgage 3%s 1983
Baking 3s debentures

Crane

86

Range

Friday's

ApriZ-Oct

Crucible Steel Co of Am 1st mtge 3%s 1966
Way-Nov
Cuba Northern Ry—

1976

5s A

1968

A 1st

4%s
4%s

debenture

consol

3s

2%s

Continental

Ry—

Guaranteed

4%

first

S

87%

81%

or

Bid & Asked

Way-Nov
June-Dec

Railroads

U

100% 100 liS

82 %

Gas

inc debs

cum

103 % 103 %

Jaw-July

Sale Price

Week's

Last

Period

1976

3%s debentures

102

c
California

debentures

Consolidated

96%

89

Natural

Consumers Power

May-Nov

1955

Bush Terminal Buildings 5s gld

Consolidated

94%

99

*96

Interest

Exchange

Low

104%

96%
*100

New York Stock

99%

96%

5

102% 102%

1971

Rochester & Pittsburgh Ry—
Stamped modified 4%s 1957

22

BONDS

High

96%

Buffalo

Bush Terminal Co Cons

JANUARY

Range for

*100% 100%

__Jan-July
Niagara Elec first intge 2%s 1975_Way-Nov

Buffalo

ENDED

Friday

Bonds

J an-July

Brown Shoe Co 3%s debs

WEEK

FOR

Week's Bang*

Interest

law-July

*93%

Juwe-Dec
June-Dec

119

93%
120

96

88

96%

107% 107%
120

89%

98

93

93

Illinois

Bell

Telephone 2%s series

mortgage 3s
Central

series B

1978

—June-Dec

RR—

mortgage 4%s-3%s ser A 1979—May-Nop
Consol mortgage 5%s-3%s series B 1979_May-AZop
Consol

1

104%

107%

Consol

mortgage

108

102 %

120%

Consol

mortgage

31-

1

3%s series C 1974
3%s series E 1982

May-Nop
Feb-Aup

*97%

98

*99%

98%

94%

*98%

*102%

—

—

96%

95 %

101%

30

.•

"r<

(418)

The Commercial and Financial Chronicle.. .Monday,

-

January 25, 1954

NEW, YORK BONO RECORD.w
*J'

-J

FOR

RANGE

BONDS
«

/

Interest

>

Period

New York Stock Exchange

•

Last

Refunding

5s

Debenture

Illinois

May -Nov

—

Ry

Feb-Aug

1

103
105

series

6s
5s

AFirst

B 1956——
— ..Jan-July
-Jan-July
5s series C 1956---—
Minerals & Chemical Corp-

gold

International

100

98% 100
*

20

96%

112%

98 % 100

—

96%

113

94%

107

102 '/a

33

3s

mortgage

tf

.Jan-July
1978——
1980
————

3%s

series

C

102

....

,,

95%

New

80

96%

94

-

103

100'A ioo y*

15

—

95%

98%

105
—

94

92

102%

91%

1
--

—

102%
101%

94%

__l

94

*99'/a

92%

13

99 I

*94

—

series

1998

A

Feb-Aug

64%

64%

Aprll-Ocf

70%

April-Ocf

78

104

65%

307

62 y8

72%

70

71

320

66%

78

77%

78%

235

74%

86%

75%

Hudson River RR—

&

mortgage

75

registered

1998

Chicago

&

71

60%

59%
*82

——

28

69

71'A

4

68

60%

1

71

Shore

York

'

2

__

registered

3V2s

'

——

Co—

RR

4s

100%

80

IOO

98%

3 Vis 1997
Jan-July
1997
Jan-July
collateral gold 3y2s 1998
Feb-Aug
3y2s registered 1998
Feb-Aug
Michigan Cent collateral gold 3y2s 1998__Feb-Aug
3Vis

--

—

Central

High

Low

94%
''

85

,103% 103%

f|.

-

Feb -Aug
Feb-Aug
April-Oct

1954

York

Year 1053

'

No.

Ry—

1956

A

Range fer

'.SMd

100%

*97
^

May-Nov

1956
D

;

"

Aprii-Oct

series

Y Central

100%

99%

—

1977

Beads

'

High

*80

„

Jan-July

1954

series

Lake

»100% 101

Friday's

♦100

-

1983

Mexico

&

B

4'/is

General

90

66

2

75

—Jan-July

1988

Refunding & hnpt 4y2S series A 2013
Refunding & impt 5s series C 2013

Co—

Power

3%s

5'/2s

N

75

Inter Rys

mortgage

Texas

series

Consolidated

79

62

101

1977

debs

5s

New

120

38

..Jan-July

subord

5s

A

5s

AFirst

79

78

Central America 1st 5s B 1972. .May-Nov
Interstate Oil Pipe Line Co—
3y«s.s-f debentures series A 1977——— .Mar-Sept

conv

101

Nor

Terminal

Orleans

AFirst

109%

102%

23

107'A 107%
79

series A July

6s

Orleans

AFirst

97%

--

—

..Jan-July

series

AFirst

1st

61

Great

AFirst

1952-—-—

A

Orleans

New

90%

96%

*105'A 107%

1952__ -April-Oct

§AAdjustment

1st

85%

*90

..Mar-Sept
..Mar-Sept

1st mortgage 3.20s series I 1982
^International Great Northern RR—

Interstate

104%

100

2

90

New

tNew

C 1986...June-Dec

Refunding and Imp 2%s series
Inland Steel Co 3'As debs <1972

3.65s

51

91

89'/a

Jersey Bell Telephone 3y8s

Jersey Junction RR gtd first 4s 1986—Feb-Aug
New Jersey Power & Lignt 3s 1974
Mar -Sept

107

102,7« 102ft

or

Bid A Asked /

New

104 %

3

series A 1970— —Jan-July

4s

Last

Low

Union Ry Co—

Indianapolis

§ AFirst

102% 102%

102 «7.

■

lalaPrlM-

High

104% 104%

102 %

—May -Nov

1966

4%s

Terminal

High

Interest

.

New York Stock Exchange

New

1955
1955

4s

Refunding

Low

No.

Week'a Range

Friday
BOND 8

Year 1058

(Continued)—

Central RR

22

Range for

8old

Bid A Asked
Lout

Illinois

ENDED JANUARY

'

Beads

Friday's

or

Sale Price

'

WEEK

Week's Range

Friday

14

78%
74

'

57%

84

66%
64%

55%

59 3A
—

60

20

57%

66

58%

58%

13

56

64%

95

Feb-Aug

95

2

92

98%

Louis-

St

V

Refunding mortgage 3'As series E 1980—June-Dee
Franklin

Jamestown

1959- _June-Dec

2%s

1976- .Mar-Sept

& Light

Central Power

Jersey

1st 4s

Clear

&

92 Vi

91%
*94%

87%

95%

—

93

85%

3

92%

First mortgage 3s series F 1986

,

94%

N Y
Y

N

K
Kanawha

Kansas
1st
1st

Power

_Aprif-Oct

2%s

2%s

.June-Dec

1980

103 Vi

Plain

1961

—.

103 J/2 104

—

unguaranteed

4'/is

98

99 Vn

*95

Kings County Elec Lt <te Power (is 1997— -ApriJ-Oct
Co 1st mtge 3s 1964———— _April-Ocf
tAKreuger & Toll 5s certificates 1959— .Mar-Sept

'157'/a 168%

Koppers

mmmm'

&

96

100%

N

Y

State

1

3%

N

Y

Steam

N

1st
cons

Lake Shore

&

registered 1997
Lehigh Coal & Navigation Co—
Sinking fund mortgage 3'/as ser A
Lehigh Valley Coal Co—
1st & ref 5s stamped 1964—
3'/2s

1st

stamped

85
*82

1970_April-Ocf

84

87%

__Feb-Aug

1974

extended

5s

mortgage

Lehigh

Valley

Series A
Series

*59%

Feb-Aug

fixed

fixed

4'/2s

B

fixed

5s

ASeries

D

4s

ASeries

E

F

5s

interest

2003

93%

78

91%

67%

68

28

63%

75%

71

79%

Northern

79%

88%

Prior

12

56%

68%

2

61%

74

68

79%

73%

2003

May

contingent interest 2003
contingent interest 2003

9

1965

73%
.

60%

66 %

66 %

♦74

-Aprfl-Oct

1

81

60%

May
May

5s

Ry

76

first

general 4s series 1962_
Electric 7s series A 1952

—

*91

92

109%

May-No®

3%s

Co.

(P)

1976—

D

ser

Nashville

&

June-Dec

1963

103

__;

—

99

101%

First &

Mar-Sept

refund mtge

ser

F 2003

96%

ser

G 2003

Aprtf-Oct

;

27/as
First & refund mtge 3%s

i

8t

second

Div

Louisville Gas & Elec

3s

Div

1st

H 2003

ser

gold

Cincinnati

&

96

1

84

98%

83%
89

83 Y*

8

100 % 102%

Aprii-Oct

1955

93%

13

89

May-Nov

'

89

80%
100

U

1st mtge 3%s<49C2

-

*—

May-Nov

Mead

debentures

f debentures

s

1972

83

V$3%

92%

...Feb-Aug

3'/2s debs

Corp first mortgage 3s

1973

103 Vi

103

June-Dec

Michigan Bell Telephone Co—

94%

Michigan Central—
Relundjng & 1mpt

4>/2s series C 1979
Jan-July
Michigan Cons Gas first mtge 3'/2s 1969—Mar-Sept
First mortgage 2%s 1969
——Mar-Sept
1969

37/8s sinking fund debentures 1967
Minnesota Mining <te Mfg 23/4S 1967
Minn St Paul & Saulte St Marie—
First
.

mortgage 4s lnc

Missouri Kansas

Prior lien

40-year

Prior lien
ACum

series

and

AGeneral

and

AFirst

and

AFirst

AFirst

Morrel

Jan

1967
•

,

1965

1975

5'/2s series A

refund

gold

refunding

5s

5s

1971

102

101

*97%

June-Dec

&

3'As
Co.

series

1980

mtge

1991
B

mortgage

3s

Dairy

debentures

3s

93%

Aprii-Oct

95

•

■

1966

1986

94

99

Feb-Aug

90

4y2s

1973

81

81

80

62%

58%

53%

49%

61%

94%

86 »A

94

94%

94%
*100 Vn

99%

86%
70

94%

—

99'A

101%

89

107% 108

98%

105

96

104%
92

100%
102

95

102%

92

i

98%

99

27

-

„

99%

84%

5

84

108

51

93%

17

87

.

91

75%

79%.,

1083A

107% 108%

29

98% 100'A

279

106

87'A

30

trust

1

63%

tfirst

1975

mortgage

\

1974

Bell. Telephone— r
debentures 1984

mortgage 3s

61'/a

60%

61%

&

90

*96%

—

First

*

;

.

.

.•

Flr§t & refunding
First & refunding
First <fc refunding
First.& refunding
First & refunding

'

—

June-TVc

Naugatuck RR first gold 4s 1954—
New England Tel & Tel Co—
1961

June-Dec

87y2

87

87%

98

98

99

102'A

102%

,

' /

'

Co—

..

2%s

series P

1981

27/aS series Q

1980

1985_

100

L— _1

Faducah

Pennsylvania-Central

118

& Illinois

1st

f

s

61%
97
98

mortgage

Pennsylvania

69

General

Light

&

.

1960

\99%

4'As series D

102

General

mortgage

Gas
ref

&

Income 4s

Pere

5s

external

4s

Ry

3%s series D

Baltimore
series

gdld

Wash

&

1974

B

95

96%

18
15
■28
22
/ 1

-

7

101% 101%

101%

'99%

99%
■

4y2s series C 1977
Co—
1971-

«

108

*99%

108

90

98%

105%

106%

107%

I'

99%

j.—'

—

*101

--

98%

105

100%

101

•90 y2

•100%

92%

85
—

—
,

107%

98%

14

107% 107%

42

98%

100 %

87%

93

101V*
98%

105

109%

141

105

104% 105

101%

105%

108% 109

33

105%

109 %

Jan-July
Jan-July

99%

99 y8

99%

38

92%

99%

99%

99

99%

28

92%

99%

85

85

3

74 y*

103% 103%

1

97

90%

90%

11

85%

57

57%

17

49

97%

98

7

89

109

4

107

2

99

—

1960

June-Dec
April-Oct

April
1980—Mar-Sept
RR

90%

Co—

Feb-Aug
Jan-July

109

109

103% 103%

June-Dec

*97%

98'A

refunding

2%s

1967

—May-No®

99y8

99%

73

refunding

2%s

1974

May-No®
June-Dec
—Feb-Aug
Jan-July
May-Nov

96%

96 y4

9

85%
105
91

61%
98

110%
107

Electric

refunding 2%s

refunding 2%s

1981
1978

First

&

refunding

27/8s

&

refunding

3y4s 1982
1983

ref

102

'

&

&

94

94%

&

1st

92%
■

6

First

First

87

5
'•

First

99

82%

3

99%l

106% 106'A'

98%

99%

107%

89%'* 99 V4

101%

91

95%

104%

'

103%

3

96%

91

98%

89%
94

95

101%

J

;

&

&

-

91 '

First

First

97%

85%

99%

109%

99 y«

88%-98%

3J

98

101%

105

87%

82% J 93

93%

Philadelphia

-

4

■'

95'/a

-99%

107%107%
^

101%

91"-"

4

103 vi 104-

•

•'

100%

108%

3V8s series F 1985

first

:

<44

93%

95%

96%
104

O

v
.

Feb-Aug
^June-Dec

1981

April 1990

Marquette

Philadelphia

1968

Light & Coke Co—
mtge 3%s ser H 1981

Eastern

&

67

103%

92%
92

'41

:iooy»

99%

v

•

^

—

mortgage 4 Vis series E 1984

General

Peopled

101%

Aprii-Oct

5s

General

100%

102%

97%

100%

98%/

>97

Jan-July

June-Dec

General

96

i

V.95%

June-Dec

r.

63%

'

102%
r

5

101 y* -

93

I960—

102%
89%

30

Aprll-Ocf

56%

82%

^

102.

99%-

Co—

1965

A

B

94

I960—April-Ocf

100%

series

95

-

86%

v

4;

98%

-93%

—

series

95

.

.

1975

sinking fund 4%s

4y2s

■'

94%'

RR—

Consolidated

98%
100

3J/2s

Sand

L'-

92%

gold 4'/2s 1955

Airlines—

3s

i

98

1964—June-Dec

A3%s convertible inc debs Sept 1

First

'4

99 y8

—Mar-Sepf

3y2s debentures

117%

.

20

.

947/a

Pacific Western

118

^

100%
24

92%

"

117%

84%

95 y«

April-Ocf

102%
102%

3

98%'

__Mar-No®

103

•}.

April-Ocf
...

1984

:

100.

-

-

__Mar-Sept
Mar-Sepf

Oil

.

101

:June-D<er

19811

debentures

95...

:

96

93%

98%

90

91 Ye 100%
88 '
95%

/

-8

95

♦102%

1985_June-Dec
June-Dec

1978

General

„

90 4

86%

M01%*14H%-

June-Dec

-1983^

101%

__

*

99%
1

..

il01%

191%

.June-Dec

debentures

93

*iooy8

92%
102%

95

,

:

J II
'

June-Dec

debentures

25

98

-

—June-Dec

debentures

102%

Mau-Nov

94%

:.,-92

94%

...

June-Dec

3 »/2 s

102 V2

—

93

85%

,,r

3 Vas

General

97%

82,

2

95"%

95

■99

99

—June-Dec
—June-Dee
.June-Dec-

3V4s

,
-

100%

*98'/a

105%

\.

—

s

94%

97%

3

98

93%.

•93%

»■

May-Nor

84%

88

4

Anril-fv/

106%

101%

—

Feb-Aug

06

96%

107%

.

*91-

*94

72%

54

107

'

:

•,

.95

1986—

91

100%

107%

*92%

—AprH«Qck

1987

82

98%

•V 96

3

48

•

v

debentures

9

100%

105%

11

105'A 105%

;

71%

97

Z

'•

debentures

27

Map-Nov

Map-Nov

4

75%
101

June-Dee

Pacifio Tel & Tel 2%s debentures

94%

First

June-Dec

V

105%;

104%-105 y»

-

refunding 3s series S

102%

*97%

-91%

95%'

3%s series R 1982
June-Dec
1983—„..June-Dec
refunding 27/as series T 1976____June-DeCi

&

102 %

April-Oct

36

...JMay-NW

3s series N 1977—1

Power

—

61%

99 y4 100 »A

.1

Mar-Sepf

1974

3s scries M 1979.

Glass

9

102

64

18

*

3VeS

99%

90

"

93

58

105

..June-Dec

&

Pennsylvania

«...

73 »A

June-Dee

refunding 3s series K 1971
First & refunding 3s series L 1974

A

Feb-Aug
1970—June-Dec

72

99% ;>

April-Oct
Mar-Sepf

1980———

Electric

&

Pennsylvania

*100% 101%

2

106%

68% " 68%.

Feb-Aug

refunding 3 y2s series I 1966
3s series J 1970

118%

25

*101% 102%
—

103% 103%

73

First mortgage. 3%s 1982
1
Mar-Sept
OregmirWashJngton RR 3s series A I960—Aprtt-Gc*

118%

-

-

102%

97

■

2%s

mortgage

101%

1

102»A

103%

Feb-Aug
Aprll-Ocf
.Jan-July

1979

69%

9

108%

3

.

1979

3s

102%

—

106%

40

Mar-Sept

—

Co—

2%s 1975
I
3s 1978—1„___
First mortgage 2%s. 19-79—
First mortgage 2V*s 1982—
.v
(Wisconsin) iirst mortgage 2%s T977

102%

97

*99

109

4

105

_Quar-Fe&

mortgage.2%s

65

64%

97

97

120%
104

105% 107

Quar-Feb

4y2s

140

1

105%
106

Quar-Jan

2047

Power

266

89

95%
105

101

105

—

225

16

—

107

--

109

106 y8 107%
89

116% 118%
*101'/a
105

83
-

90

99%

107% 107%

103%

97%

3

64...

5

*108

107%

90

11

91

j

96

95%

88%

95%

May-No®

First & refunding mtge 33/aS'ser U
1st & ref M 4s series V 1984——

66

7

94

95%

*104'/a 105'A

"J

mortgage

First

93

26

102

*93%
95%

May-Nop

mortgage

Peoria

1986




68

105

*60y,

Jan-July
April-Ocf
Feb-Aug

1983

>

■

;

99%

4

96

—

Map-Nov

debs

31

61

100%

*51

105%

Pacific .Gas

100%

35
j

101

Map-Nov

B

B

103%

105

4s

Feb-Aug

2%s

pag#>

1980

P

95%

/

series

8%
3%
94

Jan-July
Jan-July
Jan-July

1982

.

97%

90

~2

'95%

105%, 109

1967

see

5

45

1980

debs

101%

105% 108%

Natl Disti'lers Products 3'/8s
debs 1974
National Steel Coid 1st 3'As
1982
National Supply 23/4s
debentures

tor footnotes

63%

Jan -July

First mortgage. 2%s

94%

& St Louis-

guaranteed 4Vis
debentures 1982
3. debenture. 1974

63

103% 103%

63

April-Ocf

99

Jan-July

1975First mortgage 2%s 1980——
^Oklahoma Gas & Electric 2%s 1975_.

101%

53

93

.79

Aprii-Oct

3s

86%

102

99

■'

First

95%

108%

1976

First

5

1977——.

47%

88%

108%

1970

3'/8s debentures

95%

—

Quar-Jan

First mortgage 3s

82

102

June-Dec
5s series A 1955—May-No®
series B 1955
May-No®

series

Products

95%

2047

99

96%

N
First

1%

100%
'

—

Jan-July

3'/2s

3s Jan

•.Ohio Edison first

95%

75

Aprii-Oct

1978

Nashville Chattanooga
National

.

52%

52%

Jan-July
Jan-July
Jan-July

4,/2s

Mountain States Tel & Tel 2%s

debentures

:

35

1981—Feb-Aug
Mar-Sepf

3s

Construction mortgage
Construction

registered

First &

May

1991—-May

1949—Map-Nov

H

series II

Malone first gld 4s

Ry

27

1977

Ry—

83%

91
'100

100

(John)

90

92%

103% 104

109

and

2%

—

94%
98

103%

•

debentures 1958
Morris & Essex first gtd 3Vis 2000

3V«s

97%

104

Mar-Sept

and

Monongahela

'99

refunding 5s series F 1977—Mar-Sept
refunding 5s series G 1978—May-Nou

SAConvertibie gold

Mohawk &

A

Co—

refunding 5s series A

4s

AFirst

1978——

ser

2y„

27aS

1962

5s

RR

1990

1962

4%s series D

Pacific

4s

2%

1997

4s

registered

2%s

RR—

A

B

adjustment

tMissouri
AFirst

5s series

4s

Jan-July

A Jan

ser

first

Texas

&

Missouri-Kansas-Texas
,

:

♦99% 100%

—April-Ocf,
I

4'/2s iiic series A Jan

mortgage

AGeneral

5%

First & refunding

Mar-Sept

,

Pacific

lien

First

—April-Ocf

First mortgage 3%s

10

39

92%

.

3 V«s debentures 1988

i

4

2%s

Gas

47%

83%

*95

Metropolitan Edison first mtge 2%s W)74„May-No®
First mortgage! %s 1980—
Feb-Aug

4

.

__

'102%

Mar-Sept

1966-

Vi

*50

Jan-July

1978.;.

Robbins

100
102

ft

—-

103%

■

83%

100

*95%

ManatL Sugar 4s sinking fund Feb,l 1957—May-No®
(Southern Lines) 4s 1959—_Map-Nov

Dept. Stores 2%s

100 &
*99

6%

1993

4s

2%s

Northwestern

■

Macy (R H) & Co. 2%s debentures; 1972

3%s

68%

5%

sinking fund debentures 1973

First
'

:

Manila RR

McKesson ti

75%

54%

6%

■

„

May

65%

194

Ry first gold 4s 1996—April-Ocf

First

83%
101%

90%

-Feb-Aug

M

3s

93%

94%

12

101% 101%

Natural

(Minnesota)

164

'

77%

2%s 1979—May-No®

mtge

219

& ref 5s 1974
Mar-Sept
refunding 4y2s series A 1974_Mar-Sepf

First

101%
99

7

104

93 Vb

1980—_Mar-Sept

4s

69

59%

Central general

Northern- States

104

96%

14

96%

'103

April-Oct

Louis

68%

Refunding &.improve 4»/2s ser A 2047
Jan-July
Refunding & improve 5s series C 2047—Jan-Jnff*
Refunding & improve 5s series D 2047
Jan-July

-

3%s

Atl .Knox

v

■

85

101 y« 101%

—-Apr il-Oct

refund mtge

95

59

Collateral

92

x

RR—

First &

4s

.

102

76

--

'103% 104%

Aprll-Ocf

i

3%s debentures 1978
Louisville

Western

&

General lien

-

debentures

3s

1976

i

V '

112%

109 ~

'102

June-Dec
;

mortgage

35,as

•

94

83%

Long Island Lighting Co.—

debentures

84

68%

■

Jan-July

2004

A

27/aS

mortgage

General &

■

—

Lorillard

Norfolk

80'A

10

*80'/a

Lexington

rif

mortgage

87

May-Nov

contingent interest

Eastern

gtd

Gas

series D

mortgage

General

83%

May-Nov

2003

April-Qcf

...

General

87%

Northern

1979

&

79%

80

1992—Mar-Sept

1994

2%s

93

83%

83 Vi

May-Nov

to

Miami

72

59%

May-Nov

1954

ser

44%

—

--

Northern

Lehigh Valley Terminal Ry—
First mortgage 5s extended

gALombard

Telephone

86%

Jan-July

4'/2s

ASeries

3s

96%

Y

mtge

55

60'A

*46

Feb-Aug

1984

2003

interest

2007—Jan-July

A

ser

Refunding mortgage 3yaS series E 1978—Feb-Aug
Refunding mortgage 3s series F 1981
Jan-July
Ref mtge 37/aS series G 1984
Jan-July

mtge bds—

interest

4s

mortgage 4'/2s series A 2019

General

to

consol

RR gen

4s

Series C

1st

83

89

3

87%

78

~

87%

N

79

82

Chester—

consol
&

4s

mtge

1

5
.

«

June-Dec

first

89

—

77%

77%

*83%

—

83%

Niagara Mohawk Power Corp—

Lehigh Valley Railway Co (N Y) —
1st mortgage 4%s extended
to 1974

Little

"4

85

Valley Harbor Term Ry—

Lehigh
1st

5s

ref

&

85

June-Dec

—

&

AGeneral

ser

77 %

100

RR—

Corp

1st

A 1968—.June-Dec
Mich South gold 3'/2s 1997__June-Dec

mtge

4s

Electric

Term

3%

sink fund

mtge

86

Map-Nov

first 3'/2s 1963—I
Y Susquehanna & Western RR—

Lakefront Dock & RR Terminal—
1st

86

1973

Light first mtge 2%s 1975__Mar-Sept

Putnam

I

3'/a

12

1955

4s

Power &

NY

161

150

-

Y

86

Map-Nov

Port

&

mortgage

248

100'/a 100%

2%

N

86

87

96

1

mtge conv inc 4y2s series A 2022__May

AGeneral

99%

96

Jan-July
*—Jan-July

A

Hartford

&

refunding
River

First

99%

95

99%

Haven

&

96

1973

B

89

82

*84%

Map-Nov

1st mtge 4 V4s series A 1973
tAN Y Ontario & West ref 4s June

53%
100%

'

.

West 4s series

AGeneral

111%

47%
98

—.

New

Harlem

96%

104%

"5

53

Y

First

103

95

51%

N

4s

series

86

April-Ocf

1975

gold 3%s 2000
series A 2043
series B 2043

4s

Lack &

Y

104%

100%

11

■

*98%

..Jan-July

1961— u—:

Ml*

'105'/a

._Jan-July

*

—

N

——

....

'100%

Central
&

Stamped

91
95

4%.s

*90

1st mtge 4s 1987—. ..Jan-July
Indiana Terminal 4'/2s 1961. _Jan-July
..Jan-July
1961
——

Kentucky
Kentucky

Mortgage
Mortgage

""

Southern Ry 4s ser A 1975— .April-Oct
3s/»s series B 1968— _June-Dec
-April-Ocf
Terminal Ry 2%s 1974

City

97

1978—————— _June-Dec

mortgage

Kansas

84

*95%

88

*81%

1976— __Jun-Dcc

1990

4s

Light

&

2%s

mortgage

Kansas City

1st

1st mtge

Mich

&

City

mortgage

Harlem

&

#

■

April-Oct

Connecting RR 27/as series B

mtge

37/aS

*93%

92%

97%

98'A

87

95%

87%

94%

90

—

*93

97

96

*103%
•108

88%

108%

104%

103%
107

;

.Volume 179

Number 5293... The Commercial and Financial Chronicle

-

:

h V

i'- I'

■

.

t!

'

'/'/XT

!

'!

J-,*

(tttyft'tSS

NEW YORK' BOND RECORD
RANGE

Friday
bonds;, *

Interest•

,

Period

New York Stock kxehange

Week's

3.70s

deb

conv

1983

;

1964

ioo%

June-Deo

l097/8
100%

Year 1053

No.

109% 110

Lou)

4

24

Standard Oil
*

*102%

„

109%

108

109%

Refund

and

impt M 4s series O 2019

Refund

and

impt 2%s series D 1985

106% 107%

*17

103%

108%

Texas Cerp

107

107

4

103

108%

85 %

85%

3

82

96%

96 %

8

95%

First

1958

4Vis series B

mortgage

mortgage 4%s series

103

96

29

First and

101

102

100

96

100%

7

95%

100%

100

100%

26

95%

100

First general 5s series B 1962

general

First

general 4J/2s series D

Plantation

5s series C

Pipe Line 2%s

Potomac Elec Power

1st

First

mortgage 3s

First

mortgage 27/8s

Feb-Aug

1974

*106

June-Dec

1977

104

111

*105%

mtge 3*/4S

1977

—

1983

1984

i

~~

*

i:

——.

1

May-Nov

101

101%

First and reiundiug mortgage 3*/4S 1968—Jan-JuZp
First and refunding mortgage 5s 2037
Jan-July
First

and

First

refunding

mortgage

1

3%k

1st

debentures
and

1972

mtge

Union

Oil

98%

*99% 100%

refunding mortgage 3 Vis

201%

96%

3%s

103%

103 Vb

United

5

99%

100%

99%

96%

93%

83*/2

82%

83%

10

78%

86%

Reynolds

99%

98 %

99%

10

95%

100%

Tobacco

J)

3s

debs

3V4S

1973

126

114

1

103%

96%

11

94%

99%

48%

__

57

55

56 %

205

17%

18'A

202

13

20 y«

95

18

95

23

93

98

95

97

97

108

>95

9

105'A 105%
*96

94%

86

96%
20

95%

100

95%

102%

12

90

147

99% 100

June-Dec
May-Nov

1980

1982
2%s

(subord)

95

o

*100%

Jxine-Deo

1970

99
107

107

1972

97

96%

97

20

86%

86%

87

89

1976

97%

__

9 6'A

102%

101

95

90%
100%

104%

19

98 %

104%

102

102%

22

100%

106%

7

81'A

92%

92

93

104'A

105'A 106
90

97

92%

10

103% 104'/a
104

105%

5

96%
105

105

104%

88%

79%

5

.

101

90

*92'A

94

— —

*96'

April-Oct
1959—Mar-Sept

debentures

3%s

91 Va

96%

89%
103

105 Va

Mar-Sept
Jan-July
Jan-July
Feb-Aug
Apr-Ocf
April-Oct
May-Nov

1977

97

109%

1

Feb-Aug

1976

1967

107%

"

■*

Corp

Pictures

II
99

98

May-Nov

debs

RR—

debentures

April-Oc/

Vandalla

Mar-Sept
Mar-Sept

II

*98

4s series A

consol gtd

97

—

97

95

sinking

1955.._Feb-Auf

100

May-Nov

1957

series B

fund

*97

99

*93

1978—Mar-Sept

First and refund mtge 3s series F

99

99

94%

—

■ri

94%

86%

14

96%

101%

101

—

—

96'A

96'a

looy*

99%

102

100

Virginia Electric & Power Co—
First and refund mtge 2%s scr E 1975—Mar-Sept

100%

96

—

RR

Consul

Electric Corp—

&

97%
96%

87%

3

V

Reading Co first & ref 3%s series D 1995—May-Nov
(R

92

*95%

May-Nov

f debs 1972—

s

2%s

General mortgage 4y2a series D 1977
General mortgage 3Vis series J 1969

102%

91

—

102% 103

May-Nov

U S Rubber 2%s debentures

Universal

Rochester Gas

92

..Mar-Sept

2%s 1970
1st mtge & coll trust 3%s 1971
1st mtge & coll trust 3 Vis 1972
3%s sinking fund debentures 1973
Gas

4%s

*98%

9&y*

97%

So

122 *A 122'A

June-Deo

1974

1968

debentures

84

97

101% 101 %

Jan-July

115%

89%

*94'A

Refunding mortgage 2'/2s series C 1991—Mar-Sept
Union Tank Car .4'As s f debs 1973
ApriZ-Oct
United Biscuit Co of America 2%s 1966—April-Oct

99%

96%

——

97

102

—

101% 102'A

and coil trust 2%s 1975__ApriZ-Oct

debentures

2%s

102%

132%

8

97

103

1983—April-Oct

Quaker Oats 25/as debentures 1964

3%s

2%s debs 1961

of California

Pacific

10

97
103

Junp-Der

•

Union

101%

96

127%

'

——

2037—June-Dec

8s

96

97%

*94

income

debentures

1st

94

100%

190

and

refunding mortgage 3s 1972—May-Nov
First and refunding mortgage 2%s 1979-J/aie-Dec

t

79

—

*130

95%

90

91

Pacific—

1st mtge & coll tr 2%s

98

94

97%

—

101%

*103%

*106%

102%

June-Deo

5s 2000

Orleans

New

3Vis conv debs

debentures 1963

94%

u

Public Service Electric & Gas Co—
3s

of

RR

First mortgage

96%

98

12
__

104%

.

a> CO

*99%

91%

96%

104%

—

90

—

89

90

refund M 37/bs ser E 1985__Jan-JuIy

Pacific-Missouri

Tri-Continental Corp

3s

Feb-Aug
___J«7i-July
May-Nov
Mar-Sept

Providence Terminal 4s 1956

gold

Union Electric Co of Missouri 3%s 1971

Mar-Sepl

2

94%

5s Jan I960
April-Oct
Tol & Oiiio Cent ref and impt 3%s 1960__Jtt7te-Deo

June-Dec

1970

and

first

AAdjustment

106

--

—

85

96 %

*95%

tAThird Ave Ry first refunding 4s 1960____Ja/i-July

Pittsburgh Youngstown & Ashtabula Ry—
First

refund M

Pacific

General

10b

10

45

'104

3*/4S series B 1970—April-Oct
3%s series C 1990—April-Oct

refund M

Texas

101%

100

April-Oct

1960

100

i00'/2

High

Low

No.

Orleans RR—

First and

Term

June-Dec

Year 1963

High
92%

96

Jan-July
:Aprll-Ocl
May-Nov

3s debentures 1965—

Texas & New

86

96%

1

99%

102% 103

Range for

Sold

Terminal RR Assn of St Louis—

101 %

April-Oct

1959

C

99%

April-Oct

Bonds

T

*108

1

Jan-July

First mortgage 4 Vis series A
First

1973

1

108%

Range

Friday's

91%

Jan -July
Jan-July
May-No s

1966

2%s debentures 1972

108% 108%

Texas &

Pittsburgh Plate Glass 3s debs 1967
Pittsburgh & West Virginia Ry—

2%s debentures

Corp

debentures

108% 108%

Pittsburgh Consolidation Coal—
1965

1973

107*/2

General mortgage 5s series A 1970
June-Deo
General mortgage 5s series B 1975
April-Oct
General mortgage 3%s series E 1975
April-Oct
Pittsb Coke & Chem 1st mtge 3'/2s 1964___May-No»

debentures

debs

108*4

Pittsburgh Cine Chicago b St Louis RR—

3%s

Oil

2%s

3%s

106

ao2%

.

.

or

Bid b Asked

Jan-July
Mar-Sept

1974

Chemical

Bunray

96%
104

101%

^

Sale Price

debentures 2%s 1971—May-Nov

(N J)

debentures

Stauffer

100%

90%

2%s

Swift & Co

™
"

Week's

Last

Period

Exchange

Low

108%

95

—

—

Interest

bonds

High

102%

*102% 103

-Consolidated guaranteed to ser H 1960—Feb-Aug
Consolidated guaranteed 4%s ser I 1963—Feb-Aug
Consolidated guaranteed <4%s ser J 1964_.Ma2f-.Nov

J

22

New York Stock

100 y«

94

1,426

100% 100%

Consolidated guaranteed 4s ser G 1957—May-Nov
.

Range for

Sold

100 % 100%

Plllsbury Mills, Inc 3%a a f debs 1972
June-Dec
Plttsbgh Bessemer & Lake Erie 2%s 1996__June-Dec
Pittsburgh Cincinnati Chic b St. Louis Ry—

JANUARY

Friday
Bonds

High

Feb-Aug

—

ENDED

Range

Friday's

or

Bid b Asked
Low '

Phillips Petroleum 2%a debentures

WEEK

'

Last

.

Sale Price

j

FOR

t

First and refund mtge

First
1

Saguenay Power 3s series A

1971

*94%

71%

81

81

Adirond'k

1st

ASecond

mtge Jnc 4%a series A Jan 2022.
Louis-Soutbwestern Ry—

Bt

First 4s bond certificates 1989

;

81

101 */«

May

101

89

May-Noc

Second 4s jnc bond certificates Nov

Scioto

V & New

England 1st gtd 4s

8cott Paper..3s conv deba 1977

Seaboard
37/as

f debentures

s

1977-

""

-

tl ASUeslan-Amer Com coll trust

*92

Juue-Deo

*

/,„

7s

-

April-Oct

*

'

debentures' 1983-

-

100%

■

■

»:
s

.First <4%sr (Oregon Lines)

-

Gold

4 %&

)969___

Gold -4'A-s

—

93%
97

101%

13,

87

93%

2

94%

27

59'A

54%

-

•

Jan.-July

^

93%'

■

•

98%
10

90

I1

,

;

-

r ^

79

94%

..

A-: 1977———Mar-Sepl
;

_

1981.

104%. 105

105

May-Nov

,

.

-First mortgage 2%s series JS 1986-4

Jan-July

fFirst./WiOrtgagp >2%s series F 1996
-First mortgage 2v4a series G 1961

*96%

Ja7t-Juiy

Southern Ry'-first

consol gold
and »geneial .4s series

1.094

5s

•"/

Devel

-!/

__

;.r Memphis Dtv first gold 5s, 1996.^.
New Orleans & Nortlieastern RR—

*94%

i

103 '. .
105%.
•

•61

Jan-July .1

2

84%

86

70

i

6

66% o81%

106%

147

debentures

1980

56

53% «'57

*87%

—

88%

--A.

102% 103%
105%.106

'

•

5

113

8

,
,

109

110%

102%

:

13

103%

106%

35

^

113

105%

18

22 •"

*101%
•105%

63 r

•60%
102%

Joint

3%s 1977--__^
Southwestern-Bell Tel 2%a
k

.

-■

debentures

;3y®s

debs

1985

1983-

-April-Oct

ill

Y

63%

85

60%

155

58%

102% 102%

19

Standard Coll
;

5s

conv

April *

Products Co Inc—

subord

debs

71

89

91

102%

June-Dee

91

96

96

95%

1982

14

672

105% 106%

1057/s

Aprll-Ocf

-

;

'86% 101%
112 V*

97

100% 194

14

103% 104%

95%

99

92

1

—

^48%

9f%
(A

;

97

96%

97

8

94%

10i%

99%

99%

99%

2

94%

101%

136

i-91%

164%

97%

97%
101

Jan-July

98

7

101%

*102%

97% 101%
102%

-_

Jan-July

79

77%

79%

103

May-Nov

87%.

85

87%

87

73%

65

'81%

74

-

1.

,

80%

63

79

63

63

II

90%

~1

90%

91

<•84

I

—

II!

J

100

93

100

100

•

88

*90

Deferred

e

Odd-lot

range.

88
sale

not

rCash

sal*

'i
*
•»

by maturity.
under Section 77 of
^Companies reported as being in bankruptcy, receivership, or reorganized
the Bankruptcy Act, or securities assumed by such companies.
week.
•Friday's bid and asked prices; no isales being transacted during current
A Bonds selling flat.

—

3y«s convertible debentures

90%

92

SNegotiability impaired

73

66

5

109%

104%

,

,

1967

Standard Oil.Co (Indiana)

71

71.

<67

99% 194

—

delivery sale not included in the year's range,
d Ex-interest
s
Included in the year's range,
n Under-the-rule sale not included in the year'
not included in the year's range,
y Ex-coupon.

93%

93%

*99

May-Nov

ASpokane InternaIJ first gold 4*/2s 2013

83

28

93%

68 %

60%

60

*93%.

Light & Power 2%s 1976_Jan-Jttlf

Yonkers Electric
a

93%

•

.

108%

(101

__

62%

*106%

-June-Dee
First mortgage 2%s 1979
Mar-Sept
Wisconsin Public Service 3'As 1971—-—-Jan-Julj

*99

May-Noo

II

97% 102%

.

-

'90

99%- 104%
95
^95

105'A 105%

1958—-—.April-Ocl

lASuperior & Duluth 1st 4s 1936—
^Certificates
of
deposit
.Wisconsin Electric Power 2%s 1976

.95%
123 1

101%

__

114%

101%

*55%
,

1971

§ A First general 4s 1949
A Certificates of deposit

80

92

*97

^Wisconsin Central Ry—

88%

.74

85%

75

4

106

—Mar-Seyt
—-Jan-July

Winston-Salem S B first 4s 1960

98

78

,

■

122%

113

;«

103%

96%

—

76% <588%
1

97%

;

Telegraph Go—

Wilson & Co^flrst mortgage 3s

1«S%

•

—

10G% 107

'

«7%
95

•;

.83

122

Devel and general. 6s series A 1956——-April-Oct
Devel and-general 6Vis series A 1956
April-Oct

1956

84%
*80

Jan-July
Jan-July
April-Oct

v

A

.

98% 109y«

..

93%
100%

77%

68'A

68%

106%

—Mar-Scj»l
Wheeling & Lake Erie RR 2%s A 1992
Mar-Seyf
Wheeling Steel 3'As series C 1970
-Mar-Sepf
First mortgage 3'As series D 1967
Jan-July
31a& debentures 1965
,___May-Noc
2%s

•': 99% 109%

,104

.

102% .103%

103%

May-Nov

86

....

,104 % .104%

83%
94

77%

.

..

~2

Wesljlhghouse Electric Corp—

60 Va

68%

102%

99

97%

1991

.—Jan-July

ser-A 1981

30-year 5s 1960
4%s debentures series A

\

'.226

110% 111%

*__

101%
105

Pacific RR Go—

Western Union

-

-110%

—

102

RR Co—

1st & ref mtge 3'As

93 %

90%

'
——

89

mtge 4s income series A Jan 1981

Western

98%,

-

•■-

82%

*

•

i

*98

:«02%
;m

>110

.

'
.-'11 '> I}}

-

70

*

__

99%

93%

-2'

107%

85%

—

99

*94%

—

June-Dtt

"91%
.J95%

43

93

*110

-j,:..

••

334

99% 160%

92%

^San Fran Term.Tst mtge 3%s ser A '75__Ju7te-Deo
Southern Pacific RR Co—J"
L

i:

.

95%

>T.„

*98% 100

__

Feb-Aug
Jan-July

1987.

-4yas conv .s'debs; 1973—.
Southern Pacific Co—

■

ioi y»
.

94

•

54%

■

:

"

.

lndiana- Ry 2%a l994
Southern-Natural Gas Co-^

i
t

99

93%

92%

94%

•

1941—Feb-Aup

Southern

n

';

:

94

'

.;•

—

*2%s debentures

86%

■

*100%

•

r.23As

'

"" !

_ApriI-Oct

1983
Jan-July •
Skelly. Oil* 2%s stiebentures. 1965
Jan-Jjiiy
Socony-VacuUm .011 2%a 1876—
—June-Deo
South b North Altt RR gtd 5a 1963__
-April-Gol
Southern Bell Telephoned Telegraph Co— 3a debentures l'979
Jan-July ;

S

125

__

*99%

June-Dec "

89

*96%

Gen mtge Income 4y»s series B Jan
First mortgage 3'As series B 1971

118%

102%

;

—

May-Nov
1973—April-Oct

1995

April
April
Feb-Nov
Walworth Co conv debentures 3'As 1976—May-Nov
Warren Petroleum Corp—
' :
■ I
3%s conv debs (subord) 1966
AprlZ-OcI
Warren RR first ref gtd gold 3*/2s 2000
Feb-Auy
Washington Terminal 2%s series A 1970
Feb-Aug
Westchester Lighting gen mtge 3'As 1967—-Jan-July
General mortgage 3s guaranteed 1979--—May-Nov
West Penn Electric 3'/2s 1974.
May-Noo
West Penn Power 3'As series I 1966.—
Jan-July
West Shore first 4s guaranteed 2361
Jan-July
4s
registered 2361
Jan-July
Western Maryland Ry 1st 4s ser A 1969
April-Od
1st mtge 4'As series B 1976
May-Not
Gen

~

*92%

__

Wabash

.106

--

*102%

104y«

94%

16

w

100 y#

97

3s series B

96

__

*102'A 105

April-Oct

194%

927/a

102'A 103

April-Oct
Jan-July

1958.

5s

First lien and ref mtge 3'As ser C

_

92

124% 133%

consolidated

Virginian Ry

*100%

& refund 3%s ser I 1981—June-Dec

mtge 3'/4S ser J 1982

101%

93
•;

,

ref

112

100
——

&

\ First

95%

•112

Mar-Sepf

(Jos El &: Sous 2Vis 1966___

2%s ser G 1979—June-Deb
2%s ser H 1980_—Mar-Sepl

mtge

Virginia & Southwest first gtd 5s 2003

100%

81

— —

133%

——May-Nov

—

••

91

26

*95

Mar-Sept

.\3a debentures 1974^—^:
Servfce Pips JLlue ;3»20s a f debs 1982_,
Shell Unionx)il 2%s'debentures 1971—

•a

86

50

89

*95

'

Sinclair Oil Corp—
,
3'As,subord conv debs

78%

•, -

.1st mtge 3s series B 1980
Seagram

2

*95% 101%

1989—May-Nop

.

77%

mortgage

1st

97 y4

70 Va

*106

1989-Jan-July

Air'Line RR Co—

94%

~3

101%

87%

Bt Paul & Dtilulli first cons gold 4a 1968—-June-Dec
St Papl Union Depot 3 Vis B 1971
^April-Oct

t"

1st

95%

71'A

Lawrence &

ref

-

Mar-Sepl

gold 5s 1996.Jan-July
Second gold 6s 1996
Aprll-Ocl
Bt Louis-San Francisco Ry Co—
1st mortgage 4s series A 1997
Jan-July

St

and

AMERICAN STOCK EXCHANGE
WEEKLY

AND

RECORD

YEARLY

following extensive list we furnish a complete report of the transactions on the American Stock Exchange
Jan. 18, 1954 and ending Friday, Jan. 22, 1954. It is compiled from a report of the American Stock Exchange itself and is
whether stock or bond in which any dealings have occurred during the year.
In

the

RANGE

Friday
STOCKS
American Stock

Aero

Supply

-1

Manufacturing.

—1

Associates

Inc

(N

For

footnotes

100

Feb

4

Mar

2%

1,000

1%

8

1,500

8% May
7% Oct

—1

8 Vb

7%

8%

2,100

6%

9%

1

11%
r„

35.

9%

3%

Feb

9'A

Sep

Aug

Gas

13% Mar

Jan

8%

Oct

preferred—-100
1
All American Engineering Co
—10e
Alleghany Corp warrants
Alabama

Allegheny

Inc—

Airlines

7/«

1

Inc

Artists

Pictures

x9%

Oct

14%

Jan

Allied

11 %

Nov

157/a

Feb

Allied

lnternat'l

%

Dec

1% May

Allied

Products

1

Corp

Investing

(Mich)

Shares

cap

stock—1
i

common

Range for Year
Low

High

17%

3,300
100

17

13'A
103

Jun
Jan

r

1953
High

18 Va

112

99'A

Dec

.

f
?

Aug
Jan

25

89 %

4%

4%

5

4.000

2%

Sep

6'A Mar

2

1%

2

1,900

IVa

Aug

2%

2%

2%

2%

29,100

jli«

Sep

3% Mar

(

2%

2%

2%

1,100

2 Vis

Jun

3%

i

6%

Jan

7% Mar

278

Jan

5%

Dec

3%

Apr

97%

97%

1

Alles & Fisher common—

4,600

for Week

108 % 108'%

Power 4.20%

Airlines

I

Sales

Range

Low
17

80

Alabama Great Southern

Alaska

700

12

,

2

Corp

-

-

-3/;

Alabama

1,300

10

10%

Jan

29

Dec

7%

3

6%

Sep
Jun

258

2%

-

page

3

25

_B0c




2,000

2%

7%

J)

Ltd
see

3%

2%

Jan

Sale Price

Par

High
1%

A Oct

2%

Air-Way Electric Appliance
Petroleums

3%

-

—

•

common.

Air fleet 8 Inc

Ajax

Low

Week's
of Prices

Last

American Stock Exchange

Range for Year 1953

3,000

__Is

Agnew Surpass Shoe Stores
Air

Friday

1

1

Manufacturing

Shares

9

Iff

—10

Adams Hat Stores Inc.

22

STOCKS

High
1

>«

1't

Aluminum Alloys
Acme Wire Co common.

Ainsworth

of Prices

Low

Motors warranto

Acme

JANUARY

for Week

Range

Sale Price

Exchange
Par

ACF-Brlll

ENDED

Sales

Week's

Last

WEEK

FOR

for the week beginning Monday,
intended to include every secunty

"5%

5%

5%

8,800

Jun

2%

Oct

25 Va

Jan

Jan
Jan

32% May

e

>

The Commercial and Financial Chronicle...
32

Monday, January 25, 1954

(420)

EXCHANGE

AMERICAN STOCK
RANGE

Friday

Week's

Last

STOCKS

Antrltui Stock Exchange
Par

Altes

Brewing

100

cumulative preferred
Goods Manufacturing

$3.75

3%

•
Aluminum Industries common
•
Ambrook Industries Inc...
25o
American Air Filter 5% conv pfd
15
JAmerican Bantam Car Co class A—1
American Beverage common
1
American JBook Co
100
American

Hard

American

American
American

Maracaibo

American

Meter

American

Natural

American

Potash

Rubber

Co

com

Shares

Range for Year 1953
Low
High
2%

2,100

Jan

3% Mar

82%

Jun

95

Jan

Castle

100

21%

Oct

24%

Feb

11

11

150

10%

Dec

16%

Nov

4,500

3%

Jan

America
Cenco Corporation
Central Explorers Ltd

11

5%

5%

5%

Gas Co

6%

& Chem

cl

pfd

47
I

Sep

100

43%

Oct

48%

Dec

400

6%

Dec

12%

Jan

Dec

25

Jan

Nov

25% Mar

Dec

6% Mar

50

8%

8%

450

22%
24

21

26%

26%

27

1,300

33

33

25

25

5%

Sep

20

200

22'/2

3%

14,000

21% Dec

1%

1% May

27%

Dec

33% Mar

51

5

4 Va.

12%

5

3%

12%

Oct

Chamberlin

17%

9%

Jan

Charis

4%

Jan

Charter

Jan

13%

Nov

Feb

20%

Apr

Dec

12%

16,600

ft

3%

13,800

2%

Apr

5% Jul)

7%

400

7%

Dec

10% Mar

Chief

23%

23%

100

Jan

23%

City Auto

15

Dec

Angostura-Wupperman
-1
Apex-Electric Manufacturing Co—.—1
Appalachian Elec Power 4%% pfd—100
Argus Cameras Inc
I
Arkansas Fuel Oil Corp
5
Gas

4%%

convertible preferred
Equipment Corp

Aro

Associate Electric
'

American

Associated

dep rets

(ex

Class A

div)

arrear

$41 arrear divj
Line

Plywood

Automatic

17%

17,400

9%

5,900

117

•

•
1
80

Co

46%

7%

Jun

17%

175

3,100

12%

Feb

117% Feb
24% Jan

45%

Dec

53%

14

Jan

22% Mar

Jan

5%

5%

200

1

1%

5%

1,000

Nov

ft Jan

5%

Nov

1% July

Neon

Coastal

—

preferred
Automatic Voting Machine
Ayshire Collieries Corp common
non-cum

85%

91
—

1%

—

91

1,390
200

1%

Baker-Raulang

Dec

Commodore

2%

Jan

116%

Jan

Community Public Service
Compo Shoe Machinery—

7%

Jan

Baldwin
Banco

los

Banff

Oil

50o

Barium

Basic

Steel

(L)

Bearings

Inc.

Beck

Ties

Bellanca
Bell

Watch

Benson

&

Blumenthal (S> & Co
Bohack

C)

(H

5%%

Co

common

.

Inc

Aviation
Car-Na

Jan

Continental

Commercial

Jan

Continental

Foundry

4

Mar

Oct

8

Jan

"Via

"ill

_2

29%

700

"1%

14,800

1%

1

%

3,500

5%

—

—

6 %

5%

200

1%

Dec

3ft July

2

8,400

Dec

2%

4%

Sep

9

Sep

21% May

Corby (H)

8%

Jan

Corroon

Nov

1% Mar

2% Mar

6%

Feb

Machine

Gold

Mines—

&

Reynolds

preferred

$1

Courtaulds

American dep receipts
Creole

(ord reg)

200

14%

Jan

16%

Apr

Croft

11%

Oct

17

Jan

Crowley Milner & Co

2%

Sep

.

5

5%

40%
9%

'•

8,100

41%

2,100

10

300

42%

950

x36

Sep
9% Oct

6% Mar

(The)

Crown

Cent

Petroleum

Dec

Crown

Cork

Crown

Drug

Co

10%

10%

ii

500

9%
8%

8%

200

10

Jan

51

Oct

Jan

12%

Feb

8%

Sep

16

Jan

Cuban

Atlantic

Cuban

Tobacco

8%

300

Dec

5%

Jan

Oct

10%

Feb

8% Aug

10% Mar

25

25

25%

1,100

19%

Feb

25%

89

90%

230

84%

Jan

92

Sugar

Curtis

Lighting Inc common.
Curtis Manufacturing Co (Mo)

Dec

2%

~3

Nov

4%

Dec

4%

Jan

D

Jan

3

3%

Jan
Jan

Breeze

5%

5%

5%

2,400

4%

Dec

7% Mar

22% July
20% Jan

25% Mar

17

22%

.

•

1%

23

23

21%

21%

21%

500

100

2,400

Sep

Mar

24

Jan

British American Tobacco—

10s

Distillers

(E L)

Co

Bruck

Mills

Ltd

5

Buckeye

Pipe

class

60c

preferred

Burma

class
debenture

preferred.

600

2%

3%

Aug

17%

Dec

Dec

Devoe

7%

Oct

18%

18%

10%

18%

800

10%

10%

9,000

92%

--

II

92%

250

Jan

Jun

87

19

12% Mar
100

Jan

Apr

51

Nov

Nov

17%

18%

1,600

12

Jan

19

6%

6%

6%

1,500

Jan

11%

11%

1,500

5%
10%

Sep

6% Aug
14 % May

12%

12%

13%

600

11%

Dec

19%

Apr

8

Feb

1

9

5% Aug

20%

20%

6%

6%

21%

1,000

6%

100

17

Jan

6

8%

~8%

800

11%

12

12%

4,800

Dec

July

8%

1%

22

8%

iTan

Dec

10%

Jan

8% Aug
11

Dec

10% Mar

19%

Jan

Ltd—

American dep rets ord shares
Burry Biscuit Corp

3s 6d

%

%

ft

12 %c

3%

2%

3%

8,100

is

Jan

%

Jan

&

Products common

Sugar

6,400

50c

Estate

Dec

5

Jan

3

..1

Dec

3%

Jun

5%

Jan

7ft Sep

15%

Jan

10%

Jan

6%

Jan

25%

Feb

3%

3%

500

10%

10%

10%

2,600

California

10%

10%

10%

9,800

8%

Jun

Sep,

_.

II

Insurance

Canada Bread
Canada

6%%

Co

5%

4%

...5

Calvan Consol Oil .& Gas Co

Camden Fire

23%

23%

5

ft

30,300

3%

23%

225

20%

— mm

I-" —

.

Manufacturing

preference...

..

73%

:2o

M

—

'

-X
-2

_

9%

Canadian Atlantic Oil

5%

Co

Ltd

Ltd.—

Distillers

Canadian Marconi

29%

Oils

&

Carnation

Co

_

Carolina Power & Light $5 pfd
Carr-Consolidated Biscuit Co
Carreras Ltd—
j

Ltd!

Corp

American

dep rets A ord
American dep rets B ord

Dominion

Tax* & Chemical

Dominion

Textile

^nr"footnotes'

see "page




35.

9%

Feb

Jun

18%

Nov

Jan

6%

Nov

Jun

76%

300

16%

80%

82

15,800

67%

% Apr

1%

Jan

7%

Jan

%

1,800

6%

6%

200

5%

Dec

9

Sep

11%

Jan

Feb

10%

10%

1,800

"l%

~2%

800

21%

250

19

Dec

27

Jan

20

147

Dec

180

Feb

13% July
■

~7%

150

15%

Nov

1% Sep

2%

Jan

7%

8%

17,300

6%

NOV

12%

18%

18%

80

14%

Feb

25

6%

Nov

Feb

Oct

Jan

16 % Mar

12% Nov

Brewery

Cement

Draper

Corp

Ltd

Co

stock
Co Ltd.

common

Co

(Allen B)

American

Dec

Duval

Sep

29%

Dec

Eastern

Aug

50

Aug

,4%%

•

5%

250

13%

7,300

7

__

2.50

\

•

83

...•

111

1%

7%

2%

3

82%

83

12,000

5%

Sep

3%

Jun

23

Sep

12%

Nov

5%

26%
15%

Jan
Mar
Feb

5%

Sep

8%

2%

Dec

4% Jan

200

111%

110

1%

4,700

135'/a 135%

20

14%
135

Feb

Dec

*2%

Feb

Oct

33

Feb

7% Mar

Dec

17% Mar

Jun
Dec

145

Apr

13% May

11%

1

1,000

24%

~1%

*—< £

24%

200

Tl?

'Via

700

Nov

1%

Sep

1%

1

"l%

Dec

3% May

Sep

29 Va Mar

12% Jan

20

1

2%

Sep

3 \

2%

Jan

Jan

'

2%

—

-

11%

22/8

11%

22%

23

4%
—

;

4%

Jan

400

9%

Jan

2,900

15%

Jan

71% Dec

82

16%

Jan

9%

Apr

10%

Jan

8% Mar
.6 Va

Aug

11 %

11%

600

10%

Sep

8%

8%

1,100

$7%

Sep

7

--

Feb
Dec

25

5%

x78

x78

25%

700

—

x78

12

Sep
3% Dec

7

600

7%

Nov

Jan

Feb

.

67%

43%

2,500

4%

Jun

20%

20%

350

15%

Jan

19

43%

400

29%

Jan

47

Sep

16%

400

15

Nov

20

Mar

9

9%

5,300

34

34%

150

32

Aug

40%

Jan

41

300

32%

Apr

39%

Dec

13,500

8%

Dec

17%

Jan

5% May

/4

43

40%

6

20 fa

7%

Dec

6%

16%

9
34 %

7% July

10%

7% Mar

Dec

Oct

£1
1

9%

9%

9%

1
common

3%

900

3%

.1
•

2%

Sep

7

3%

*

Dec

-

29

400

10

9,500

Jan

Feb

6% Mar

4 %

27%

4%

14%

Sep
24% Sep

Co

27%

33 % Mar

6% Mar

400

1

700

27%

Feb

6%

k

12% Mar

1,100

111

._10c

dep rets ord reg—

Gas & Fuel

prior

Feb

Malleable
States

$7
$6

Sugar

Common

10

1
•
•

8%

8%

700

5%

Sep

128%

Jan

165

Mar

116

Jan

150

Mar

22% Dec

32

Feb

24%

Oct

30% Mar

12%

Sep

16% July

18%

Sep

150

—

beneficial

_*

13

Jan

Electric

common

..5

20%

Jan

Electrographic

Corp common—
Empire District Electric 5% pfd

—1

100
1
5

%

Apr

1

Mar

Easy

Washing Machine class

Emsco

Bond

25

145

100

int—1

2%

Apr

150

140

30

preferred

114%

83

&

Share

Corp

Manufacturing

Feb

Dec

Dec

Oct

Jan

74

23%

Empire Mill work

%

•

20

Associatesof

13%

Dec

525

25

Iron

Corp

shares

9

60% Dec

64%
25%

64%

Jun

73%
106

9%
63%
25%

100

preferred series A
preferred series B_

Eastern

$2

Assn common—10

preferred

Eastern

24%

16%

27%

Jan

Laboratories—

Sulphur 8s Potash

Dec

4%

16%

7% Mar

Sep

10% July

10

common

Duraloy (The) Co__
Durham Hosiery class B

2%

13

900

1 i:»
1 !•>

1'
*

Inc.

5%

14% Dec
x5%

Dunlop Rubber Co Ltd—

29%

23%

28%

•

A

225

28

—

10

Class

200

2,400

16%

•-

Co

DuMont

6

28

•

Co

Harris

15%

6

1

* -:

—

common

Power

6%

14%

5

_*
-1

400

4%

—' I

6

1*

Ltd

Dragon

6%
—

29% Mar

£1

*

Sep

1,800

10%

1- *'

Douglas Oil Company—
Dow

20,100

13%

2s 6d

Jan

"2

2.50-

—

common

Dominion Bridge Co Ltdj
Dominion Steel & Coal ord

20,000

24%

1

Jan

10%

8

5

4s1

common—

Exploration

Eastern

1
_

common

'

7

Jan

%

18

3'a

-

„

Domestic Finance

5%

I

Co

Co

300

7%

6%

25c

:

dep rets ord'reg—
(The) Corp

Dobeckmun

Dome

9%

.5

common

9'/a

1

Ltd

-American

29.%

19,50

...

Carey Baxter & Kennedy Inc
Carman

91~

Jan

100

Capital City Products
Capital Transit Co

8%

Nov

10

Jan

ft Oct
8% Dec

18

10.

Ltd—

Co

Diversey

50

87/a
5

common-

preferred

Jun

27%

'

Canadian Dredge & Dock Co Ltd
Canadian Industries Ltd—

7%

8%

11

8% Jun

500

2.500

Jan

4%

1.
1,
1.
t

Duro Test Corp common.

—

Cement Co Ltd common.

Canada Southern Oils Ltd vtc

Canadian Canners

Jun

4 Va Mar

•

Ltd

200

%

21

Drilling & Exploration Co..

2%

Calgary 8s Edmonton Corp, Ltd
Electric Power

40

81%

5T

Raynolds class B.

Devon-Leduc

Duke

Calamba

31% Mar

Sep

12

148

Driver
Cable Electric

Dec

ft

Via

100

Detroit Gray Iron Foundry..
Detroit Hardware Mfg Co
Detroit Steel Products.;

1
•

2.50

19%
26

11%

—50c
common...

Detroit Gasket 8s

•

.10

A

Dec

10

Sullivan.

8s

Mines

Feb

7

18

35:

common^

Mfg

Nov

3%

50c

common

...

convertible

Bunker Hill

Stores

Dennison

5%

3%

♦

300

10%

1

A__

5%

*

:

Line

Budget Finance Plan
7%

B

Dejay

class

July

3%

2.50

common

1,600

—10c '

Inc
Dayton Rubber Co

4% July

10s

1

cumulative junior preferred
Brown Rubber Co common..,

Feb

Sep

11%

ft

—2.50

Mines

100

47

4%

Bruce

Day

"5%

Ltd—

$3 2nd
Brown Forman

Oct

1%

32

1

"5%

— -

*

...

7%

U Dec

5

D&ilch

8 "'<>

preference
preference

4% July

800

2.50

Davidson Brothers Inc

common..

1,300

H

*

11%

Brown1 Company
$5 convertible

8% Mar

21%

5
•*

common

common..

Dec

rets ord reg.
British Columbia Power common

14% Mar

Dec

31

•

common

Dec

dep

Dec

6%

20%

9 Va

Jan

9%

32

•'
25c

—

1%

American

35%

400

21%

5-

partic

6%

British Celanese

Sep

Aug

89%

22%

5

10

Crystal Oil Refining
$6 preferred

9%

"A"

common

36%

3%
10

(Md)

Internat'l

Mar

10%

41%

42

4,500

1,200

:z

—W

1% Mar

Aug

6%

6

—

1*
1

Company

13

40%

6%

V

1

May

7%

7

5 ~

4,100

10s

Feb

200

£1"

Petroleum

14%

bearer—

Jan

14%

:•

A

15%

teg

15%

Jun

1

common

class

13%

ord

Oct

11%

Ltd—

X15%

ord

10%

2,900

♦

.

1,200

rets
rets

3,500

13%

•
5c

:

Inc

9,300

dep
dep

14%

12%

*

8%

Amer

13%

12%

•

2%

Amer

13%

Co__1

Co

non-voting—

Cornucopia
Coro

5%

Jtin

B

14%

•

11

1

7%

Co

Sep

1

2%

Oil

8%

Corp

7%

British American

100

Corp

Distillery Ltd—
voting

A

Class

xl5%

_•
•

8%

Engineering—1

&

Cook Paint 8s Varnish

Oct

11% Mar
31

&'
Var

2%

Corp Common
Bridgeport Gas Light Co
Brillo Manufacturing Co common.

21% Mar

8%

1.25

Brazilian Traction Light 8s Pwr ord~.•

Inc

Sep

8%

10

Oil

Lines

Crystal Dairies Inc
Davenport Hosiery Mills—.

Works

Gear

Sep

16%

11

Royalty

~3%

Inc

Foote

8 %

800

1

1

Brad

900

10%

Sep

Jan

9%

10%

2%

Jan

4%

15-% May
9% Nov

Dec

21%

Jan

4,700

10%

9%

'

■

21

"5

21%

20%

—

Oct

"2%

14% Aug

„

3% Aug

20%

—

15

3

34

50c

Corp.

Utilities

20c

Bourjois

300

500

600

.•

11%

15%

10

prior cumulative preferred_100
Scrymser Co
8

Borne

11%

15%

13% Mar

14% May
Dec

Sep

600

24

31

•

Jun

16%

23

•*

common...

10%

800

4

23

9%

_3

8,000

18%

3%

Mining & Smelt'g Ltd—_•

1

Black Starr 8s Gorham class A
Blauner's common

12%

18%

Consolidated

"5%

Birdsboro Steel Fdry 8s Mach Co com.*

11%

Nov

6

.4

12

18%

.

11%

18%

Sep
Oct

Mar

Sep

Feb

1%

Oct

9

July

5%

18,700

10

400

11

Jan

17

11

10%

Jan

5%

200

10%

600

35%

Nov

5,900

10%

11%

Sep

4%

10%

1

1

Inc
common

common

2%

24%

300

42

1

11

10% Mar

10%

1

11

Sep

36

*

5%

Co

2%

Jan

Apr

3,800

5

Liquidating

41%

Inc

"2%

32%

5

Consolidated

1

Hedges

Bickford's

31%
*

Oct

5%
15

1

1

common—.

32%

Jun

of Canada common—25

Aircraft

Telephone

Benrus

Dec

7%

1

1

(AS) Shoe Corp.
Instruments Inc

Beckman

12

4

10

1

common

50

Nov

•

50o

Beau-Brummell

12%

—

2%

1

Co common

12%

7

Sep

500

1

4

Inc

&

3

1,000

Jun

17% May

Jan

31,400

Apr
Jan

9%

Sep

4%

4%

2%

6

11%

6

4%

2%

1

Corp

Refractories

Baumann

1,000

5%

May

8%
42

Sep

6

2%

Oct

23% May
24

Nov

4%

Engineering

3ft

18% Dec

8% Nov
12%

Feb

21

40

Gas

Class

Light & Power Ltd

12%

Jan

1%

ft Dec

7% May

Consolidated

lo

Ltd

400

Consolidated

Andes-

Barcelona Tr

1,200

Mar

1

Corp

18%
23 %

5% May

5,800

26% Dec

18%

Jun

4ft

74

Feb

23

Dec

4ft

Sep

22%

23%

8%

4%

65%

3,400

'

■

1956

Air

11% Mar

ft

%

xl%

shares

American

26

i\h J^y

Oct

18%

.

Jan

Sep

7%

10

Hotel Inc

Consolidated

7%

1

650

70%

25%

12

Jan

150

68%

25%

500

—

7%

400

70

—

Feb

9% Mar

Dec

10,300

6

Securities

de

1

4

9%

•

37

Sep

200

2%
f

Jan

6%

21,900

2

1

Mar

4%

8%

15

Jan

9

112

lft

Sep

8%

Oct

90%
10

Jan

4% Dec

10,100

2%

10% Mar

Dec

200

10

Sep

to

Dec

May

7%

12,100

1

Co

Continental

•

800

10

—

„

10

Dec

ext

Jan

41%

Co

Dec

Vtc

Feb

79

5%

5%

5%

24%

Jun

7%

X9%

•

Inc

Stone

Continental

common

80

6

1

Company

Baldwin Rubber

1,550

8%

4%

1%

1

Fund

1

B

I

89

80%

93

93

Bailey & Selburn Oil & Gas—
A

67

36

10c.

vtc

Oils.

77

84

21% Aug

6%

•

.

Equipment Co
ordinary

Manufacturing

Continental

Class

Co

Jun

Colts

4% Mar

29% Mar

60

325

92%

3

Dec

Jan

6%

Sep
Dec

26

25

1

Products

&

5% Mar

5%

1

Co_w_.—

104

1

Inc

129%

(The)
Sand

Oct

Sep

23%

5
1
50
*

Airlines

Colonial

3

75%

8%

7%

Development

Colonial

Jan

7%

.'—1

Farm

150

27

5

Co

Caribbean

Cockshutt

3%

3y8

6%

4
1

,

Inc

Aluminum

2,400

88

8%

Co
5
Clayton & Lambert Manufacturing—4
Clinchfield
Coal Corp i common
20
Club

8,500

4%

6%

23%

Claussner Hosiery

24% Mar

19 % July

Controller

Dec

Jun

15

114% Mar

47

17

1

t

Products

com

Co

Clarostat Manufacturing
Claude

13%

30

21%

5%

Corp

Non-voting

i

Clark

Jan

Jan

1,100

117

20%

17

warrants
Steel

9%

9%

21%

•

Fisheries

Atlas

16%

Apr

4,200

4ft

4

Jan

17% Mar

Nov

4

75%

5
10.

Cable Corp

Colonial

Atlantic Coast

Corp

16%

7%

6,800

£1
America

of

Atlantic Coast
Atlas

14%

Apr

98

4%

22% Mar
109

Tel-

$43

(ex

Oct

3%

3%
26%

1

Mining

L

14% Sep

4,700

3%

10

Stamping

D

700

5%

26%

1

Ltd

(The)

15%

5%

2.50

common

Clark

Colon

reg

Laundries

A

Oct

8%

300

9% May

Industries—

Associated Tel &
Class

50
2.50

3%

400

10%
107

13%

•
•

Dec

14%

5

Co

Arkansas Power & Light $7 pfd
Armstrong Rubber Co class A

4"%

4

4

10%
10?

107

8,900
100

5%

5

5%

5%

2
10

City Specialty Stores Inc common
4 %%
convertible preferred
2.40

7% May

15%

10

common

Consolidated

High

,

3% Sep

15%
5%
3%
3%
4%

100

America

of

Co

Circle Wire &

shares

Louisiana

Oil

£1

dep rets reg

Co

Co

Corp

7%

3

pfd

Cherry-Eurrell common
Chesebrough Manufacturing
Chicago Rivet 8s Machine

2

Products

Anglo-Lautaro Nitrate Corp—

Arkansas

Aircraft

July

9%

200

10%

11%

Cessna

Apr

LOW

5% Feb
300

~4%

1

Products

Light 4%

Co common
Century Investors
Inc
Convertible preference

Dec

Anglo-Iranian Oil Co Ltd—

"A"

Power &

Range for Year 1953

High

~4

4

100

Steel

Ohio

Central

Shares

Co—

Century Electric

35

4

Power

Central

63

10%

$1.50 series—t
$1.40 series

preferred

Jan

44%

2,000

Corp

Secur

Maine

3.50%

Jun

2,550

13

4

4%

20o

Anacon

American

Conv

Central

31

3,200

55

11

13

of

preference
preference

28%

5

Amurex Oil Development class A
Lead Mines Ltd

Conv

Oct

22 '/2

10

Writing Paper common

Jan

%

4%

American

24

150

4%

2

Illinois

4,500

A conv__*

Republics

May

Central

5% Aug

25%

19

M)

Corp

%

1

(A

Catalin

1%

24%

20
25

American Seal-Kap common
American Thread 5% preferred

Post

800

23%

•

Co

& Co

94%

for Week

Low

1
•
10
1
1
1
1
•
•

Carter (J W) Co common
Casco Products common

Sales

Range
of Prices

Par

23%

1

Co

Last

Sale Price

American Stock Exchange

94%

94%

25

Laundry Machine
Manufacturing Co

Anchor

3%

Week's

Friday
STOCKS

High

3%

Aluminum

American

of Prices

Low

__1

Co
—
America—

ENDED JANUARY 22

tor Week

of

Co

Aluminum

WEEK

Sales

J Range

,

Sale Price

FOR

Co

B

13

13%

1,700

19%

20%

16,700

14

14

700

10% Jun
95%

6%

6%

300

17%

17%

100

6

17%

Sep
Sep

Oct

30% Mar
10% Mar

28% Mar
14%

Nov

104%

Feb

Number 5293... The Commercial and Financial

Volume 179

Chronicle

(421)

AMERICAN STOCK EXCHANGE

Corp common
convertible preferred

$2

Esquire Inc
Eureka Corporation Ltd—,

1%

"%

$1 or 25c

Nov

35

Sep

6

31,000

2,700

ft

Dec

30

lis.

16 y4

Dec

23

22

Key

Co

& Instrument

bils' Ltd...

Fargo

Federated

!

25c

Ltd

*

(Phila).

__10

Petroleums

Association

Fire

23

1

4»A
44

Sterling

Fishman

Inc

(M H)

1

2.50
1

:

Flying Tiger Line Inc..
Ford

Motor

Class

A

Class
Ford

Canada—

of

1

B

Co

Dec

Kleinert

*

72%

Sep

9ft

Dec

11

5ft

Dec

10%

♦

'*10,100

76%

82

75

87

59

150

67

^

(D

Jun

American

deposit! 'receipts bearer
Fort Pitt Brewing Co
l
Fox (Peter) Brewing—
—
1.25
Fuller (Geo A) Co—
5

5%

3%

2,100

•

iy2

*
*

8ft

150

35%

31ft

35%

ny8

i2

2,100
11,600

26%

1134
36 y4

/ 351/4

650

33 ft

2%

2%

3

600

g3/4

93/

200

"«

,

%

>

Power C6

4%

4%
<

4'/2

5%-

4%- -5ft

A Dec

300
71,900

.

3%

General

Acceptance

General

•'

4%

Dec

Sep

*•

'

12%

1,900

10 ft

21%

221/4

4,100

General Builders

convertible

/ 8

Supply Corp
preferred

General

1

Outdoor

5%

Adv

pfd A:

6%

Service

preferred
Mich Corp
C)

Glenmore
Globe

$6

preferred

Class

107
.

11/2

class

...

104% 104'A

20

10

,

103

„

Co

Jan

103% Jun

108%

Dec

Oct

500

.

22,500

11%

11%

81/4
12'A

900

23% .24

24

33

22

11%

>

%
38

26ft

.39

26

-38

35

;Jun
Dec

220

.261/4

-

.

.

%

6'/a

16%

r

-

54

4,800

173,

—

135

100

134

—50c

6%

Brewery—

,

.

450
90

«

9,800

2%

..10

Co

.

Groceterias

class

..

1.800

Oct

12%

I41/2

.,144 ft

Jun

Jan

27%

Feb

.129% Sep

'■".IftSep
12% Sep
.

1-5

54

$

*

9%

2% "

—_10c
:

;

4

4'.-

9%

4

——.

9%

2ft '

2%>
31 ft

29

3lft-

3ft

21% Mar

;

,

135%

McWilliams

3ft-

6 ft

6%

Feb

34

Sep

1% July
2ft Dec

3ft Jan
<

4preferred
-

22

.

—Ii

;

preferred

2.50

,

5

53% Mar

I ft

300

55

;■
;

3%

Sep

8 ft

Dec

1%

1,100

Oct

19

/ Sep
2% Dec

5,200
200

Dec

6

4,700

,

15

&

Hardart

&

Hardart Baking

'

common

Co..

9ft

200

2ft

1,300

8%

8%

Inc

7%
.

11

♦

Securities

13

•

5,000

..

11%

n%

100

:

Apr

2% Jan
30

Jan

4% Fejb

12% Jan
May

99

Feb

72

NOV

9% May
3%

Feb

Sep

9

Jun

Feb

9

Jun

Oct

12 y4 Aug

11%

Sep

16 ft

Dec

10

Jan

3ft Mar

18

101

•

10%

Sep

15

Sep
Sep

16

Jan

47

Dec

152

Feb

f

160

125 ft

Dec

18%

1,200

17 y2

Oct

132

131

50

101

98ft

25%

500

25

58ft- 60%

14,800

54

24%
60%

Sep

Sep
Oct

2ft

Sep

4%

13 ft

4%

100

'4ft

Nov

12%

--

5

21ft Aug

12%

Is

•

13 ft

13 ft

1,200

12 ft

Dec

12%

14 ft

3,550

(Canada)

Imperial Tobacco of Canada
5
Imperial Tob of Gt Brit & Ireland__£l
Indianapolis Pwr & Light 4% pfd—100
Insurance Co of North America
5
International

Cigar

Machinery

International

Metal

Industries

International

Petroleum capital stock.*
Products
5

5%
30%

23%

Jan

30 ft
•

International
Investors

9,500

10 ft

10 ft.

107

Jan

30

Mar

74%

Jan

4V8 Mar

3.90 r>

preferred
Manufacturing

30

85 ft

87

19

87

100

97 %

19

7%

2,000
„

25

1

22%

20%

27ft

Nov

5

11%

__

t

c_

9%

Jan

0% May

lift

7%

Dec

25

Mar

Jun

32ft

18%

Sep

30 ft Mar

Apr

13 ft

NOV

Dec

3%

Dec

Sep

5%

Jan

lift

3ft

3%

1,200

3%

2%

3

1,800

2

1

Irving Air Chute

80

IOV2

10 ft

300

1

May

9ft

Dec

5% Dec
3%

3ft

300

2%

Oct

1

334

3%

3%

200

O'Mahoney Inc
Julian & Kokenge Co

lOc

1%

1%

lft

4,700

15ft

50

Jupiter Gils

15c

Jerry

»

Ltd

15ft"
2

1%

2

A;

50,900

3ft

Sep

n Oct
14 ft

1A

Dec

Sep

Jan

84

Motors

Corp

1

& Electric

For footnotes

see

4ft%

pfd

page 35.




100

2 ft*

2%

2%

11,000

2ft

Dec

95 ft

Aug

Jan

4

; Feb

7ft

Oct

300

9V2 Dec

8,600

16ft Sep

250

22

2,900
2,500

xl3

24

19%; 21'A
23%
24

12%

12 ft

16 ft

15%- 16 ft

3ft

2%

—1

71 i

6ft

13

3ft
7%

25 ft

18%

TJan

9"% Sep

20,100

Jun

2% Aug
3% Nov

75,300

25

26 ft
17%. 19 ft

7

7

23% May
10%

Jan

11

Dec

24 ft Mar

26% Mar
15 ft May
15 ft

Dec

4V4 Mar
7 A Dec

1
-2.50
•
10

Dec

21% Mar
7% Aug

6

20

*5

57 ft

2%
6

«Jan
2ft Dec
5% Dec

200

5%

6

29

Dec

500

57 ft

——

Jan

11%, Sep

"

2%

.

1
,—,

9 ft

2,800
14,200

7

300

12 ft

12%

12ft

1,200

U

18

M

7%

7%

7%

600

60
8

Mar

Apr

14

Aug

500

15

,

$2

non-cum

Midwest

'8

.Jun

3% Mar

It Pec

lft Mar

Jan

bft Aug
14 ft Mar

; 7

15%

2,600

10% Sep

12 ft

3,400

11% Sep

15% Jan

10ft Dec

'

13

$1 conv preferred—•
Products—

•

dividend shares

*
50c

common

Abrasive

Piping

—

12

5%

5ft

*
1
50c
preferred---—50
—•
Mining Corp of Canada
Minnesota Pwr & Light 5% pfd——100
Missouri Public Service common
*

convertible

Molybdenum Corp
1
Monongahela Power Co—
4.40%
cumulative preferred——100
4.80% cumul preferred series B—100

preferred series C—
Monroe Loan Society com class A
4,50%

Vernon-Woodberry
States
Inc

TV

Muntz

5
common—2.50
Muskogee Co common
10
Muter
Company common
50c

Ohio Mfg Co
Muskegon Piston Ring
Murray

* Dec

-12

Sep

.■

700

11

900
100

*'•

4%

-28
-

104

5% Mar

Dec

33 ft Mar

9% Dec

"

*100

Jun

22

Jan

31ft Dec

25%

Sep

31%

41 ft

43

13,900

98

96

98

280

105

105

105 ft

99

100 ft

180

2%

700

2%

Jan
Mar

3 ft Mar

50

104

31 ft

41%

,

5%
29

15ft Jan
104
Oct

2,400

31%

<■

Jan

26'A Mar
17 ft Mar

-400

lift

*

4% Oct

:20ft Feb
1% Dec
4% Dec

1,200

30

•

24

-

'11

1

preferred
4
Mills
2.50
compwn—7.25
Tel & Tel
100
1

cumulative

6%
Mt

-

•

2%

4%

**

500

5ft
26

2%

100

Montgomery Ward & Co class A—
*
Moody Investors participation pfd—•
Morris Plan Corp of America
10c
Mt Clemens Metal Products
1

750

14%

5ft
25 '

30

50

24 ft

14

14%

5

Co.

Miller Wohl Co common—

Mfg & Stores common..
Petroleum

Radiator Co.,
National Research Corp,

Machinery
National Starch Products
National Steel Car Ltd
National

Rubber

National

Transit

common

National

Union

Radio

Meter

common

Le Mur Co

Dominion

England Tel 8s Tel
Haven Clock Sc.Watch Co

Jan

17% Mar

New

3ft Mar

1

4ft%
convertible preferred
New Idria Min & Chem Co
New
New

^
Mexico & Arizona Land
Jersey

New

Zinc

Park Mining

Co

common

York Auction Co common

New York & Honduras
New

York

Rosario—J

Merchandise

1

—*
1
-25c
—10c
2
—4
1
10
1
*
1
30c

1
140c

Oil Ltd

British

New

*

2.50

common

New

Jan

Jan

1

Inc

National

Nestle

Jan

5% Mar

10

Corp

Ltd
National Phoenix Industries
National Presto industries Inc.-

National

5'A Mar

105

24 ft

Mid-West. Refineries

New Process Co
Kaiser

40

14% Jan

1,000

-10

Inc

Neptune

Jan

15% Apr

1

Kansas Gas

Sep

21

5,200

8

11%

New
common

34% Feb

125

22%

15%

National

Mar

27

3

17% Jun

1

Alfalfa Dehydrating &
Milling Co
Bellas Hess common
National Fuel Gas

100ft Jan

Oct

3%

22ft Sep

Jan

1

National

Oct

17

10

13% Feb

Jan

14

lift- 12ft
21

National

Oct

77 ft

500

9% Sep
118

300

26 ft

22 ft

11%

Namm-Loeser's

7ft Dec
371
Jan

100

lift

——

15ft Feb

1,300

-

130

86
-

July
Jun

96
"

88 ft Jun

2ft

Sep

57%
97

103 ft

Jan
Dec
Jan

99'ft Dec
3 ft

6%

~6ft

3ft

3ft

190

176

Jan

Nov

157

Jun

34

172ft 173

Sep
Jan

37% Mar
5 ft Mar
3% Apr

~6%

600

4%

3ft

,

100

3% July
3%<Mar

16

16

16 ft

150

17%

17ft, 17%

12,700

Oct

15

14 ft Feb
96 »/2

Jun

109%

570

lft

1%

1%

31,800

lft Nov

28 ft

28 ft

28 ft

600

25% Jan

7ft

7%

1,100

6*% Dec

109%

109

31

31

50

27

Jan

5% Mar

23

Jan

17% Dec
114

4%

Mar

Jan

33 ft Mar
9%

Jan

42ft

Jun

6 ft

6 ft

800

5% Dec

8ft Mar

14%

6 ft

15 ft

500

14% Sep

4ft

4%

300

17'A Mar
5ft July

7ft

6,200

2ft

4,200

N

20% Jan

Jun

34,700

•
1

51% Dec

267A Nov

Jan

83

22%

100
v

Inc

Jeannette Glass Co

ft

1

16ft Oct

Co—

Iron Fireman

Ironite

10c

2

Service

Jun

1,000

7%

95

*

Resistance Co

Royalty

Public

Iowa

22

1

Mountain

Feb

"

7%

•
A

31

,

14% Aug

3 % July

*

Mountain States' Power

"

—

International

12% July

receipts

registered—£1
capital stack—*

1

16

•

1

Nachman

common..

9% Dec

-

600

23ft
*

Middle States Petroleum common.,

4ft%

42%

"" "

Imperial Chemical Industries—

Imperial Oil

16

——

Midvalc Co

I

dep

lift" 11%

5

•

Mid-West

2ft

*

Hygrade Food Products

American

22ft

7%

common—.—25c
preferred
15

Brothers

Jan

7%

900

12%

5

common

Refining capital stock—*
Manufacturing Co
5

Jan

jcl%: Sep

100

10%

100

Co

1,300

22%

13ft May
41 ft Apr
22%,. Dec

150

11%

Corp

^Participating

Nov

14% May

Apr
89
Sep
68 ft July

10

13

•

*

preferred

Zinc

55 ft

22%

lift

1

common—

Michigan Bumper

5%
12 ft
|

27

Jan

18ft

10%

•

Co-

Horn

Illinois

13,300

54

11%

10

Co

Textile

Metal

1%

Aug

300

1,100'

1

common

Hydro-Electric

300

45

.18

Chapman & Scott Corp—

Midland Steel

26

•

&

2,700

14 ft

Aug
Jan
2% Dec

36% Apr
10
„Dec
2ft Dec

150

2%

—

Merrill Petroleums Ltd,—

Dec

Nov

6ft

—.10

Inc

(Harvey)

11%

Midland Oil Corp

Jan

2ft

"2%

7ft Feb
6% Jan
45 ft July

28% Jan

Co

&

Dec

21%

9

1

—IOC

-

Hollinger Consol Gold Mines
Holly Stores Inc

Lock

93ft

3% Jun

5V« Mar

Jun

17% Jan

93 ft

Horn

200

2%

24%

•Warrants

60

100

&

5ft

_£1

Co..

Mfg

Mesabi. Iron

13 ft

preferred

Co

4ft Dec

u43ft'May

22%

Co Ltd

Dredging

Apr

250

•

common

(Geo A)

7ft 'Dec
4ft NOV

14 ft

1

Shovel

Johnson

Dec

27A Mar

.

x21

ASep

14ft

...

A—

16% Nov

3
Oct
~20ft" Jan
4ft Dec

11

'

class

Jun

5% Jan
2% Sep

1-00

•

Inc common
McDonnell Aircraft"Corp
McKee (A G) & Co common

Merritt

171

"

•

•

common

A

Co

14%
-

B); Co

(The

Power

Menasco

Mar

850

'

1%

1%

1%

2

common

200

2,900
500

—1

-K13.% Nov

34

"6% '

Co

-

'

3ft

2ft

-10

10ft Jan

23

Jan

10 ft Aug

3i%:Sep

—8

Corp.
Michigan Steel Tube
Michigan Sugar Co common—
6%
preferred.

.

—1

Henry Holt & Co common
Hercules: Steel, Products

-

"400

5%,Oct

Co,

Michaels

22 ft

Jan

9

9% Feb

37% Mar

coiqmon

19ft Mar

•

—1

Lithographing Co
Corp
f
Dept Stores common

300

•

(J W)

Mays

Mead

27 ft July
u

Stores

Dec

52%

4%

7ft Apr

'

-10

Co..

Puhlic Service

14%

54

Oct

Sep
4% Dec

600

5

—2

2,350

23

:

5%

4

1

Corp

(8A Jun

"—III

Havana

Hurd

17% Mar

4

3 ft

1

Sep

i__—.25

Light

Hazeitine

Humble Oil &

10ft* Dec

200

2,200

15%

Mlcromatic Hone Corp.

Brewing Co
Hastings Mfg Co
Hathaway Bakeries Inc.

Hubbell

8% Sep

39ft>39ft

1

Massey-rHarris-Ferguson Ltd

52 ft

'

Sep

5

Inc

Harvard

5%

Mar

Dec

3%

1

(The)

>.A

100

Hormel

4ft Feb

Sep

6%

100

"4 ft

.25c

Co...

& Shipley

Marion

ft May

lft Mar

8ep

,5ft Jan
..

250

Horder's

11% Jan

-

4%

15%

—5

Steel Chain—*

Lodge

5,500

2%

convertible

12
-

~4

.50c

A—

613

2%

Holophane

Jan

12ft Feb
^

W Sep

300

...5

—

14%

6%

14ft.

2

f

135

.

18'/a "18%*

18 ft

9c

.174

2i/s

2'A';

1

Co

168

.

I

21%" 21%

Rubinstein

Sessions

&

5

Salle Extension "University-

/Communication

Feb

Tea—

•

&

*800

Sep

Marconi International Marine

86 ft Mar

Dec

23 ft

300

15 %

16%

6%

5

Electric

12

Mapes; Consolidated Mfg~Co

62 y2 May

•

Dec

2LVa

35

300
..

5

Lamp Co
^
Bridge Co Ltd—
Hammond Organ; Company.

(Rt

9ft
2%

10,300

9

Manischewitz

Jan

27%

Jun

22,

4,500

78

Hall

Hoe

7

3

8%

Mangel

13% Mac

73 ft Oct

-

Hamilton

Mfg

11% Jan

1,100

5

Maine

Feb
Mar

15ft

Dec

31

-

80

.33

-

-

13Q

41%

41

;33

-10ft

'

5%

153

7

4% '

Mackintosh-Hemphill

; 12% May

.

1,300

Higbie

1{S

18

M

12 ft Jan

,

16 ft Oct
,.,,.6% Sep

1,900

2ft

5 ft '/v

2%

i]|

5

Feb

Dec

2ft

Co

Jan

Sep

4% Mar

Dec

7%

1

Heller

i'i

I8V4 Oct

Nov

H

!

2%

1

Lynch

'

stock—

Chemical

Laboratories

Class

9% Dec

Jan

-

Jun

117 ft

Jan

2%

77/B

1.

> Stores
Products common
Gypsum Lime & Alabastine.

Helena

37% Mar

14ft

300

9%

6ft

Louisiana : Land & Exploration.
Lunkenheimer (The) Co

2% Jan
12 y2

;

106

.

*

....

Pacific

.20%*

20

.20%'

•

Grocery

Hearn

*

5%

Eongines-Wittnauer Watch Co.

Mar

108

Jan

9ft

•

:

Hydraulics, Inc—1
Gridoil Freehold Leases—

Hartford

12%

9%

4%

Locke
1

34 ft .Mar

•■

9 ft; Sep

11%

.5

1.

•

.

lft Jun
„

3,700

2%
8%'.

1

i___

Feb

300

21/2
8% :

8

B„

Greer

Haelan

97/b

5%

Loblaw

,5% .Apr
9ft Aug

Sep

24 ft Dec

_

500

8%

<
Manufacturing. Co
50
Manufacturing common
4'
Graham-Paige Motors 5% conv pfd—25
Grand Rapids Varnish
i
1

Western

18 ft Mar

1,400

1%'

.

.11

10

2%

Gorham

Grlesedleck

2ft Jan

Oct

•

i

OIF &

Dec

99 ft

10

Inc.—

&

lft

112 ft July

;

Sugars class A

Lakes

12 y8

__

*

4%

curri conv preferred
Lefcourt
Realty common
Le Tourneau (R"-'G) Inc.
Liberty Fabrics of N Y
5%
cumulative preferred—

Apr

15 ft

*

B

Atlantic

107

106

1%
11

1

1

Coal

Non-voling common
"JVe 1st preferred::

3

400

1,800

.26%:

26

.•26 ft

Goodman

Great

Peb

14%

1

.5 %

12ft Jan

200

•

^

prior preferred
Goidfieid Consolidated Mines__

Great

1,200

1

Lear Inc icommon—

106ft Sep
5%. May

Sep

8%

•

Manufacturing

7

.

1
Mines.

$4.50

Gray

...

.16

Jan

lft

•

—

Distilleries

Godchaux

.1 y2

.

5

50c
20

I

common

Co

11/2

1 '2

16

v—100-

i

Union

.

5

pfd

Co

Alden

.700

.

10

Gladding McBean & Co
Glen

32%

lift Dec
36ft July
3% Feb

Aug
8% Apr
% Nov

..Class. B

common.

Giant Yellowknife Gold

(A

11/2

22%

3'; Dec
9ft Sep

2,600
3.0 00

£1

Georgia Power $G preferred

Gilchrist

5%
11 ft

25

reg_

General Plywood Corp common
5% convertible preferred—:..

Gilbert

Jan
Dec

2% Dec

600

17

Foundry & Machine...
LamBon Corp of" Delaware

'

dep rcts^ord

Fireproofing

$5

41/8
10%
1%

1

com

Electric Co- Ltd—

Public

5

11

1
•

General

Gerity

163/^

—9

Ltd

Mines

Shore

Lakey

iMay

.

11% Mar

102 ft Mar

;

l

1

Corp

Finance Corp

General

17

y2

i

Lake

7 ft Jan

20%. Oct

r.100

>•

Alloys Co

American

ft

-_33y3C
—20c
—1

Laclede-Christy Company
L'Aiglon Apparel Inc—

"43 May

:

Dec

11

12

common—

bVc preferred —
*
Gellman Mfg Co common

General

,

Dec

8% Jun

NOV

5
>

i

«

4,200

%

-

Lamson

General

Corp

Apr
l7/e July
12 % May

Sep

8

,Dec

13 ft

27
__

1

•.
—10
5
...7.50

36 y4

1%

,27

73% Mar

Jun

La

5%

900

Dec

Ltd—

American deposit receipts old reg__£l
Ford Motor of France—

Gatineau

1»

High

Apr

11

8

69 y2 Mar

Oct

400

8V2

M Co Ltd——

Kropp (The) Forge Co
Kroy Oils Ltd
Krueger Brewing Co

Jan

ny2

1

Stores

Kobacker

Mar

ny4

—1
10

—

Emil) -Co common
(I B) Rubber Co

Hotels

Knott

7% Mar

-3 ft

200

4,100

6%

•

75 ft

4,000

—

•10 %

61/2

Jun

-

non-voting—
voting

Motor

~6ft

4

4%/

4%
10 Vs

Klein

11 %

21ft

iy2

Co

&

Kirkland.Lake G

14,150

231/2

21%

474

Jan

62 V2

2,750

I

3fe May
712

2,300

*
—50

County Lighting common
cumulative preferred—

Kirby Petroleum
50c preferred

28% Mar

Sep

Low

27%

—5

(Walter)

1ft Sep
3 ft Sep

*

10,900

70

y44

1

i

Co Inc_

21,000

4%

4%

21%
Firth

2

'

112

111}

17

3,200

23%

22%

Range for Year 1953

High

27'A

1

Kingston Products

Fairch\ld Camera

Low

27%

—*

common

Kings
4%

Shares

5

Ipc

Kidde

32 ft Mar

for Week

*

Ken well Oils & Mines Ltd

Aug

lfj Jan
-ft Jan

% Aug

i

'

%

%

10

common

Kennedy's

Mar

32

550

33%

33%

Par

Sales

Range
of Prices

•

Sale Price

Co

Kawneer

Jan

2%

Sep

Week's

Last

American Stock Exchange

High

Low

2 ft

5

33%

1

Line

Pipe

Range for Year 1953

11,000

High

1

Warrants
Eureka

Shares

2

2 Va

—10c
1

Equity

for Week

Low

Par

.

STOCKS

Range

of Prices

'

Sale Price

American Stock Exchange

Friday

Sales

-Week's

Last

STOCKS
>"

JANUARY 22

WEEK ENDED

FOR

RANGE

Friday

100
1
20
50c

25
1
1
—*
•

10
10

4ft
6%
2ft

6%
2

8,500

3%

Jan

4

Sep

8%

Jan

2% Jan

1% Sep
13% Jun

16% Mar

"lli
2ft

lift

17

16%

17

13%

16%

13%

100

1A

lli

14,100

1ft Dec

3tV Jan

2

2ft

24,600

1%

Jan

3

Dec

Jan

July

io

10

200

9ft

Dec

13'A Mar

12%

12%

500

x9ft

13

Nov

16%

16%

17%

12

15 ft

15 ft

15%

1,400
1,800

Sep
Jun

13ft

Jan

21

Mar

20%

20 ft

20%

900

17

Jan

20

July

Apr

28 ft

h-

"3

_3 ft

12%

1%

25

ft

1%

2

19%

Oct

Dec

100

2%

Dec

4% Mar

1,100

1%

Dec

3

2,800

20%

Jan

25ft

Jan

Apr

27 ft

27

28

3% Dec

4% Jan

~2ft

"2

"2 A

15,700

lft

Sep

2i& May

117ft 118%

116% Dec

1,540

109 ft

Sep

3

2%

3

400

2%

Jan

4% May

7

7

7%

450

5% Jan

•10 ft May

1

1

lft

1,100
8,500

118%

40%
12 ft

40%
12 ft

41ft
13

2,700

Oct

1

39 ft

10%

60%

Dec

23

U Dec

4,100

1% July

Dec

Jan

May
1% Mar

41
10 ft

10 ft

25%

Dec

62 ft Mar

10 ft

400

9

Aug

10% May

26%

250

25

Apr

28% Mar

7

May

9

Feb

33

The Commercial and Financial Chronicle...

(422)

34

Monday, January 25, 1954

AMERICAN STOCK EXCHANGE
RANGE

Friday
STOCKS

New

Shipbuilding

York

Niagara

28

28%

1,100

15%

Jan

17%

17%

17%

2,700

15%

Oct

19

17%

17%

18

5,400

14%

Sep

20 % Mar

1%

*

4%

3,300

3% Aug

5 %

14

la
1

1%

1%

I:,

$3 preferred_50
Ltd
25

~2ft

2%

2

18%

19

700

3%

4

700

Canadian

5
1
North Penn RR Co
50
Northern Ind Pub Serv 414% pfd—100
Oil

Texas

1,400

Jun

1%

~3%

Dec

Sep

17

3ft May
22% Mar

9714

9714

2%

Jun

87% July

130

98%

Nov

4%
92

Corp.

Leather

Jan

Ltd

Oils

Gas

Company

Old Town Corp common
40c cumulative • preferred
Oliver

Filters

United

class

Omar

44

Dec

95

Jun

1% Sep

3%

Jan

3,500

18

Jun

20%

Apr

1,075

63

Apr

84% Nov

16% Jan

9%

800

7% Dec

614

6%

300

6

16%

16%
4%

2,600

4

350

Jan

15

Sep

3% Dec
167/s

'40

40

Nov '

"

200

40

13%

14%

35%

Dec
13% Dec

1,500

14%

Dec

6%

'

Feb

5

common

34%

34%

31%

31%

23 % Mar

i

■

redeemable

5%

'

'•

32

6%

1st

X28%

29

Lighting

25

div

preferredpreferred
preferred

dividend

Pacific

cum

Northern

Pacific

&

Pacific

Public

Service

1st

19% Feb

Pantepec Oil
Paramount

Jun

28% Mar

Jun

28%

Jan

28%

Jan

27%
27%
101% 101%

900

470

91% Jun

102%

Amer

Class

1,700

9%

15,300
25

Penn

Pennroad

4%

5%

100

__

4%

4%

100

14%

14%

14%

100

14%

14%

14%

1,200

15%

14%

15%

700

5%
,

Pep;Boys (The)
1
Pepperell Manufacturing Co (Mass) ..20

63 %

62

Circle

Corp
Packing Co

Phillips
Phillips
Pierce

Screw

Governor
Gold

Ltd

Polaris

Sep

3%

100

600

6%

3,300

3%

200

25%

25%

"l%

2% Sep

2%

4% Dec
15

Aug

15

July

7% May
5%

Feb

14% Mar
108

Jan

41 % Mar

3%

Jan

Aug
May

17

Sep

lft Dec

"2% Jan

l'/a

Sep
Jan

75

400

28

Sep

38%

7%

300

6%

200

3% ;;

7%

\ 3%

~

Oct

2% Aug
18%

~3%

Starrett

„

3% Mar
Mar
Jan

Steel Parts
Stein

Engine
Inc

Stinnes

Stroock

(8) & Co

Superior

Tool

;; 36%

M'ar

11

3% Dec

42 %

200

Oct

110" July
'

40% Mar
112

Jan

37% Sep

44% Feb

8% Aug
9% Dec

12% Mar

9%

9%

9%

9%

2,000

2

!;;•

3%

12,500

1%

Apr

313

1%

I..Ill*

1%

4,700

1%

Dec

2% Jun

1,000

7%

Apr

"5,500

8

Jun

300

10%^ 11

u

gy

8%

8%

11

Oct

Aug

9%

600

25% Jun

15%

1,100

12%

Sep

19 % Mar

34%

150

22%

Apr

37'/a Nov

15

147/8

33

33

I

Technicolor

Inc

•

34
"

Amer

Rome

Power & Light

Texas

Thew

Shovel

Thiokol

Co

1

Engineering.^
;

Co

Fifth

May

Jan

Chemical

Ttlo

8%

•

22%

1%

100

i-

For

6%

footnotes

26

8%
22

1%

26%

800

8%

2,100

Feb

101

31%

Dec

21%

Oct

Tobacco

page 35.




~i% _5%
7'A
•'

30

2

17% Mar
42% Jan

Dec

27

4

7%

600
t

30%

4% Jan
20

Aug
5% Dec

Dec

Mar

11

.7% Dec
5% Dec
28% Dec

1,000
2,900

Nov

•

5% Mar

.;

....

6,300

6%

6

29V2

46

.<

390

28

a%,Mar.

..

40'/a Jan

«

800

40

,

May

,

.

.

Jan

.48

Mar

26

28% Mar

Jun

35% Mar

32%

33%

4,200

253/4

26%

1,400

25%

300

5%

300

5

Sep

8

Jan

43%

43%

100

35

Sep

49

Mar

5%

500

X4%

Feb

5%

5

28% Jun
jun

"l%
4%

3%

20

193/a

2

20

12%

42%

123/a

Feb

7% May
5%

Jan

2%

Jun

3 ye

6%

Apr

Sep

18

Apr

20%

Sep

4,200

Feb

Jun

43

Dec

11

2,200

17%

38

400

43%

24% Jan

2% Sep
% Aug

4,400
400

42%

—-

26%

22% Jun

3,400

4%

33% Mar

22%

y;

~~

16%

16%

16%

26%

26 3/8

26%

11% Dec

13%

13%

4,000

1%

43/4

~8%

Jan

18%

Sep

20% Jan
11% Sep

450

13%

"8%

26%

Oct

Sep

15% Mar

16% Mar

200

7%

Sep

10% May

4%

5

800

3% Sep

—

4%

4%

200

4

Sep

6'/a Feb
6% Jan

3%

3%

3%

1,500

2%

Jun

41/4

Feb

30%

30%

100

x28%

Sep

34 %

Jan

2%

2%

300

2%

Jun

17%

17%

100

~9%

—

9%

300

3% Jan
Mar

16% Jan

"1%
—

1%

2

3

—

3

1%

10%

13

29,900

29%

30

...150

200

9% Mar
3'/s Mar

Jun

Sep

2%

1,300

123/4

18%May

ay.

2,200

%'

20% .21

18

13% Dec

—

1

21

Dec

Jan

4

23'% Mar

Oct

20

6% Jan

9%

<28

Jun

31%

16

—

~5

5

"5

10

9%

10

38%
3

3

12

200

*

Sep

20%

Feb

5%

Jan

t

,->4% Sep

r

Apr
Jan

9% Dec

2,100

38%

7%

Sep

.25

x27%

Feb

2%

Sep

4

Jan

9% Dec

16

Mar

.

3%

9%

1,700

12%

250

.

39%

Dec

Tri-Continental

True

Corp

of

100

2%

27% Mar

Sep
Oct

2% Aug

2%

2%

36,300

93%.

250

Jan

2% July
Jun

7%
2,900
100

United

Milk

Amer

U S

US

33%

33%

12%
12%

Oct
Mar

26% May

of

34%

•

2%

Jan

14% Mar

U S

Rubber

Sep

17% Mar

l

Oct

6% Mar

12

Jan

16% Mar

2

4% Mar

5

300

4%

Sep
Sep

6,900

30%

6% Mar

43

44%

113

lj$

5

1%

5%

2%

1

16 %

153A

1

1%

1%
20%

"

2%

23,100
300

1,100

Apr
1% Dec

3%

40

Dec

3ft Dec

Sep

7%
18%

Feb

2,900

.'2% Aug
11% Jan

1%

22,100

1% Dec

2

Feb

22%

..800

19% <Sep

28

"Jan

16% 1 ♦

3% Nov
Oct

2%

5,100

3

3%

400

4%

112,400

3%

Sep

400

17%

Sep

4%
19%

2>A
3%

2% May

4

Jan

5'/a

Jan

lft

19% July

Jan

18

3%

Feb

100

1,000

2%

Dec

9%

Jan

900

26%

Jan

34%

Dec

95%

125

77

1% Jan

10%

Jan

Jun

96

Jan

Sep

80

7% Aug

__

Corp

Jan

4%

Apr

6

May

35

150

33%

Dec

43

Mar

8

8

100

7

Aug

13

Jan

4%

4%

100

3% Jan

5

223

5%

223

10

Jan
Jun

40"%

Jan

34Va July

38%

Jan

38

320

13%

13%

500

14

5,100

Dec

1%

Jan

19 3A Mar
3%

Feb

3%

50,300

17%

17%

17%

2,100

14%

Jun

20% Aug

63

65

300

52%

Jan

72
July
43'/a Jan

41%

..50c

41%
6%

42%
7

91

.

8,800
1,500

30%

Sep

8%

Jan

5

Sep

100

86

Sep

96 7A Mar

3,100

5

Dec

11%

<

Jan

5%

.

5%

5%

1%

1

Co

3 Vb

91

III 1

1%

1%

,400

1%

Dec

27/a July

1%

i%

1%

7',300

%

Dec

1% Feb
Dec

57 %

56%

57%

400

41% Feb

61

21% Mar

24% Jan

—10

24%

24%

24%

50

23% Dec

37% Jan

5

2%

2%

2%

500

6%

10

Oil—;

10
common

:—

2%

Sep

3% Jan

7% Mar

1,000

5% Dec

5

74

74

10

72% Dec

83

*

22%

23

200

22%

Sep

30% Jan-

29 SA

32%

12,900

16% Jan

29% Nov.

3%

3,500

1

Venezuelan

1

31%

—20c
1
-10

3%

Syndicate Inc
Corporation
Virginia Iron Coal & Coke Co
Vogt Manufacturing
1

6% Mar

4Vs

39%

363/4

•

Petroleum

11 Mar

35%

__

37%

37%

_•

convertible

Oct

235% Feb

ft May

39%

*3%

4%

65

warrants..

Sugar

X220% Dec

__

.10c

Insurance

.

73

50

4,200

35

5%

1

common

Venezuela

88%

35

Corp common
preferred.::
Vanadium-Alloys Steel Co

Vinco

Feb

Sep

Jan

3%

-10

Securities..

Reclaiming

Universal Products Co

$4

Jan

2%
4

2'A

..25

B

Universal Consolidated

Utah-Idaho

4% Jan
97%

35%

35

76%

35%

Feb

Oct

16% Apr

common.. ..25
..25

Valspar

43%

2%

.100

common

United Stores

Universal

Jun

-

l'/» Dec

8

:

International

12

1,500

Sep

85%
1%

.108

common

1st preferred with

10

1,400

2%

175

19%

1

class

and

Radiator

3

15%

800

6% Dec
53

-

common

Foil

U S

Dec

3

common. -50C

Canal

U S

43 % May

2%

15

U Jan
22

2ft

common

US

Dec

5

15 %

4

—4

„20

Machinery

32%

4%
1

_*

100

4,100

7,600

.100

Omaha

Air Conditioning Corp..
Finishing Co
convertible preferred.

$5

Apr

'

-

8% Aug

19% Mar

50% Oct

13

9T

Oct

16% Sep

1%

96%

23%

35%

95%

Corp

RR &

400

13

1

9

26

Jan

Jan

28 % May
,

400

1%

A

Products

Products

1,600

12%

13

1,000

Jun

3%
-

...5

—

Preferred

Feb

Sep

6%

-1,700

17%

250

%

1%

96%

.10c

dep rets ord registered

United Shoe

Jan

Dec

8%'
18%
40

53%

50

4
■

1

.

United Molasses Co Ltd—

2%

18%

18%

4%

Co

Union Stock Yards

94%

17

13%' Mar

Jan

31% May

8% Sep
13% Dec

150

!~n

$4

20'A

700

24

39%

53%

I~i

.«

series

United Specialties
82

15%

233A
7%

8
*• —

105%

of California—

United Profit Sharing
10%
preferred

Dec

92%

Co

preferred

United NJ

1%

2%

$3.75

Oct

23 7A

'

>

—

•

Corp

Jan

700

1%

93

28%
9%

500

20%

•'

Investment

Oil

Elastic

Sep

—

Jan

17 %. Nov

Sep

15%

._70c

—

Canada

Union

May

21

1,000
5,000

5% July

•

Chemical

Dec

13% Dec

•

Realization

men

Jan

54

11%

9%

10%

warrants..

Aircraft

Sep

24

—

5

Inc

United

8V8

23%

15

95

_.__2Sc

Temper Corp

United

21

13,200

24

iLi.—5

Corp.
preferred
Mining of Nevada
Trans Empire Oils Ltd.
Trans Lux Corp

Nov

Apr
1% Mar

*

•

$4.56 pfd.

Royalty

5Va Nov
9% Feb
14%

14

—5a
deposit rets del registered.

6%

Jan

300

13%

15%

Dec

Jun

10

1,250

r'

Dec

10

40

1,250

11%
53

14

...20
Shipyard Corp common..—

Todd

57% May

Sep

11%

11%
53

-

Security Trust Co Ltd—
deposit rets ord registered

Feb

Dec

11%

1

Inc—

11

11%

—

Amer

Apr

aJn

1%

common

see

4% Jan
12% Feb

133

12

Amer

Sep

4%

22%

18 Va

•

common

4,300

•

Stocks

Allied

3%
5%

500

20'A

.IIIIIIIlo

Scullin Steel Co common

■r-

6%

5

I'
Inc

343A

<

5%

Roofing Inc
1
Realty & Construction—— 1

41%

300

5

.+

.

"4%

£i

.

(DA)

50%

%
26%

1

Schick Inc

4% Mar

Jan

25

Tishman

Tobacco &

23'A May

5

1

Ltd

Ave

700

12,800

33%

29%

32%

Corp—.
U.
1
common—.—20

Markets

3% July
21% Jan

'

St Lawrence Corp Ltd common—.
1
Sapphire Petroleums Ltd
1
8avoy Oil Inc (Del)
•
—25o
Bayre & Fisher Brick Co
'
I
1
Schulte

48%

560

Ryan Aeronautical Co..
Ryan Consolidated Petroleum
Ryerson & Haynes common

*

6%

l

Field Inc

Royalite Oil

50

600

1

5

Inc

Rotary Electric Steel Co
Rowe (The) Corp common.
Russeks

100

3%
24

1

I

dep rets ord reg
Corp common..

50

253A

1
15

common

Corporation

5%

24

"4%

49 %

10c

Cable

Roosevelt

3%
24

6.25

a.i

Pump Co
Regal Shoe Co

•

2% Nov

4,000

31 ye

25c
1

common

Union
1
10

pfd F

*

5%

46

8

Union Gas

4%

32

27%

1

Toledo Edison 4%%

34%

_I

5

(Texas Corp)

"3%

16%

6%

8

Toklan

90

iq

Inc

Jan

18% Dec
24% Nov

30%

•

A

Feb

125

•

com

Radiator
Rico Argentine
Mining Co
Rio Grande Valley Gas Co—

28% Dec

Sep

•

—

Die Co

Dec

11

99% 100%

100

Reda

v t c
Rochester Gas & Elec
Rolls Royce Ltd—

^

Tonopah

Richmond

July

15

5

common

Thorofare

"93/.
3 '

1

Railway & Utility Investment A
Rath Packing Co common
Raymond Concrete Pile common
Reading Tube Corp class A

Rice-Stix

Feb

19

*

Corp

class

B

Thor

19%

&

105

500

5

__

common

Inc

Class

8% Mar

Colorado—

Arms Co

96y« Jun

275

15%

5%

Electric Co common

Talon

Tampa

4% Jan

33 1

125

42

~~

Co

Electric

Dec

3%July
18% Jan

♦

common

Unexcelled

Remington

78

18%

343A

1
10c
1

Cement Inc

&

Jun

5

common

Finch Oil

Jan

65

29

163,a'

:—1
•
5

Ray Drug common
Supermarkets Corp

Swan

Feb

44

1%

~5%

1

Corp
Stop & Shop Inc..
Sun

Dec

37 Ve May

32

1

(Hugo)

B)

800

8</«

21%

1

B

Co

(J

7% Mar
15

Sep

18

~3%

Co

Inc

Stetson

3%

28%
.

Corp

Corporation

Brewers

1,100

•

Aluminum Products com.

23% Mar

R

Reliance

40

--

25

& Co common

(A)

Sterling
Sterling
Sterling
Sterling

Jun

11% Mar

2,200

102% 103%

Jan
Mar

17% Mar

~

(The)

Nov

II

2.50
.1

Co

82%

29

12.50

Corp
Steel Co of Canada ordinary

Trunz

&

80%

103%

1
1
—1

preferred
preferred

class

Tube

3% Dec

5,600

36

*

•

(Robert)

41

81'A

•

B

Products

Standard

5% Nov

~2%

"3

•

414% cumulative preferred...

Reis

40%

6%

Dec

Sep

25% Dec

57%

'

"7i/2

1

Puget Sound Pulp & Timber
Pyle-National Co common
Pyrene Manufacturing

Standard

600

4%

Feb

Jan

5

13,200

40%

...

Standard-Thomson

'

16

4 %

.

Superior Portland

Feb

7
4

16

3% Dec

%

Feb

4

14

100

73/a

7

7%

25
1
Southland Royalty Co
5
Spencer Shoe Corp
1
Stahl-Meyer
Inc
—•.
Standard Brewing Co—
2.78
Standard Dredging Corp common
1
$1.60 convertible preferred
20
Standard Forglngs Corp
1
Standard OH (Ky)
10
Standard
Packaging Corp
1
Convertible preferred
10
Standard Power & Light common
1
class

14,000

E'dison—

cumulative
Southern
Pipe Line

Common

300

ft
15

15

4%

*

common..

cumulative

4.32%
4i08%

"4%
%

ft
15

original preferred
25
cumulative preferred
—25
4.56% convertible preference——25
4.48%
convertible preference—.25

16%

Jun

1
^

"~4%

6%

Jun

4'/a

3% Jan

960

100

Providence Gas

B

15 y2 May

Sunrise

34% " 35

*■

•

Producers

Class

Dec

t

*

California

Southern

70% Mar

2,600

2%

65%

1

Corp of Nevada
Prosperity Co class B

Feb

67

2%

10

Pressed .J/Tetals of America...
Preston East Dome Mines Ltd..

Power

9%

13

Jan

11%

Publications—

Corp

Sep

200

6614

5

Cbrp of Canada common..
6% 1st preferred
Pratt & Lambert Co
:
Prentice-Hall
Inc.
common..

Quebec

15%

class A

Oil Co common

58

1,200

"l%

l

Power

,

33

63%

50

common

of

900

25%

25c
Alexander cominon_.___2.50

Public Service

Jun

~\%

Mining Co.

Powdrell &

Dec

1

13

1

Pittsburgh Railways Co
Pleasant Valley Wine Co
Scale

12 %

123/a

2\l

lft Sep

10s

Ltd

..Piper Aircraft Corp common
Pittsburgh & Lake Erie
Pittsburgh Metallurgical common

Pneumatic

95

5 %

6%

1

Amer shares

5% Mar
60

Feb

Sep

3%

•

Mines

Fib

Jan

375'

39

3%

__10o

Common

Plnchin Johnson
Pioneer

Sep

2%

17%

11%

7,500

2.50

Co

69

36

Oct

38%

Perfect

Dec

Sep

July

38"%

Co

26%

Nov

5

•

Power

Jun

Jan

21% Jun

12%

5

106%

&

12%

200

100

Water

Jun

2,400

13%

Penn

3% Aug
12%

6%

5%

1

pfd

Jan

5%
13%
13%
105% 106%

5%

2.50

common

Sep

63

3% May
13% Mar

103%

25

2

Co

Penn Power & Light 4%%

3%

97,700

54%

Apr

Sep
67% July
1% Feb

•

Ltd

Corp

37,700

54%

Jun

24

50

1%

1

.

Rig & Reel
Plymouth Mills

Co

71%

1%

2

A.

B

Traffic

6% Aug

97%

100

26%

71%

l

Parkersburg
Patican

Dec

2%

l

Patchogue

Jan

104%

Nov

8%

i%

2

class

101%

Jun

2

26 %

Parker

Co

Jun

96

17

Corp
Park Chemical Company
Pen

90

2%

•

Jan

50

101% 101%

vtc..2 Bol
share__l Bol

27% Jan

500

.

104% 104%

914

A)

Motors

Jan

25%

•

(C

Jan

31%

25%

•

common

(C A)

500

34%

Jun

25% Sep
23% Jun

100

common

Petroleum

16% Jan

1,000

1

pfd

preferred

Pancoastal

500

13

-•
25
100

Manufacturing common

Boss

Coast

27%

600

100% 100%

1

Light 5%

Page-Hersey Tubes

Sep

*
5

Corp

Penn

1,300

104%

•

Ltd

Power

$1.30

•
•

Airlines

Petroleums

Pacific

27%
101%

25

$4.50

$4.40

Jun

Bono tone

South

28%

28%

28%

25

redeemable 1st pfd series A
red 1st preferred...

$4.75

1%

preferred
•
Simplicity Pattern common
;—1
Simpson's Ltd common
•
Singer Manufacturing Co
20
Singer Manufacturing Co Ltd—
Amer dep rets ord registered.—£1
Smith (Howard) Paper Mills
—•

South

X28 % x28 %

25

preferred

4.80%

Pacific

1,900

Ltd

Breweries

9% Mar

30% Jun

4,100

34%

25

51/2%
1st preferred
*6%
1st preferred—

12

1,100

14%

14

14

1st pfd___25

Pacific Gas & Electric 6%

H

2%

Canada

of

of America

Corp

20% May
52% Jan

P
Co

Can

2%

S3 convertible

57% Mar
108

82%

8%

4%

O'okiep Copper Co Ltd Amer shares. 10s
Securities
1

Jan

20%

ey8

1

2%

19%

8%

Overseas

Pacific

2%

1

Inc

% preferred
Sherwin-Williams

98% J&n

81

*

20

—1

Inc

Sep

225

•

B—

Olympic Radio & Telev Inc

1%

210

82%

25
1
7

common

6,500

49

48

90c
..7,50

—

Natural

Oklahoma

2%

107% 108

•
100

preferred

2%

2%

50o

common
Ohio Brass Co class B common
Okalta

Sep

Silex Co common

Corp

Okonite

5%

--1
20c

4

Mar

Sicks

4 Vis

800

common

Slmmons-Boardman

Power

7%

10c

—

Shawinigan Water & Power
Sherwin-Williams common

o

Ohio

6%

Shattuck Denn Mining

Shoe

Ogden

6%

common

Safety Control—
class B

Seton

High

4,100

•

Servomechanisms

3% Mar

44% Mar

Low

1%

—1

Serrick Corp

Jan

Dec

1%

82%

Airlines

%

Dec

39

American Rayon

Oils

%

37,600

,

North
North

Central

7,200

Range for Year 1953

High

1ft

12.50

Shoe Co
Sentinel Radio

NOV

Low

1

Airlines
General

Selby

2% Mar

Sentry

dep rets ord shares.—
Norden Laboratories Corp

North

lft Dec

Seeman

Metal Products Ltd—

Amer

Northeast

2,300

4%

~4%

1%

Corp
Bros Inc

Securities

Mar

Shares

1ft

Western

Seaboard

28% Nov

for Week

of Prices

50o

Ltd

Oils

Sales

Range

Par

28 %

-*

Last

Sale Price

High

•

Inc—

Lites

Low

5

common

Pond

Non-Ferrous
*

Range for Year 1953

Scurry

Mines.

Nipissing
Noma

Shares

High

*

Corp

Share

Niles-Bement

Week's

Friday
STOCKS

American Stock Exchange

Corp—

shares

Founders

of Prices

Low

Par

JANUARY U

ENDED

for Week

Range

Sale Price

American Slock Exchange

WEEK

FOR

Sales

Week's

Last

.*

4%

3%

4%

600

27

27 %

800

12%

123/4

1,000

4%

X3

-Nov

4% Dec
Oct

24

11%

Sep

,5.

May

Mar

8% Mar

39%

Jan.

14%

Apr

Number 5293... The Commercial and Financial Chronicle

Volume 179

*

(423)

V

35

y

^

AMERICAN STOCK EXCHANGE
RANGE

Sale Frice

BONDS

Shares

American Stock

Range for Year 1953
Low

High

Aircraft

Wagner
7%

Baking

ctfi

voting

preferred

■

-

7 Ms

cum nlative

Wallace &
Waltham

12%

100

22%

23%

1%

1%

2,000
9,100

20%

1%

Co common.

1

Dec

400

6%

Jan

8%

.

162

Wentwortli Manufacturing
West Texas Utilities $6 pfd

lOo

Western Maryland Ry
&

4 %

%

•

7%

110

164%

5%

1st pfd__100

5%

176

4

169

Nov

Westmoreland Coal

30

11%

11%

11%

375

lo

18

18

18

250

8

Auto

Stores

5% ft

conv

Whitman

(Wm)

Inc

18

8

8

& Co...

Willson

Wilrlch

Petroleums Ltd

Wilson

Brothers

Jan

25

May

2%

Feb

2,600

4

Sep

6%

8%

600

8

Feb

9

4%

Oct

6%

6%

500

%

IS

39,200

2%

2%

300

%

3% Mar

Woodley Petroleum

NOV

14

Mar

Jun

105%

16%

16%

12%

600

8

33

32%

33%

1,700

30%

44% May

common

50

16% Mar

Oct

(P W) Ltd—-

deposit receipts
6ft preference
Wright Hargreaves Ltd..

6

_£l
•

.....

~i7/»

in

2

8,500

8%

Nov

3%

Jan

3

0s

Sep

May

2% Feb

l/ii Dec

Jan.

Jan.

Jan.

Jan.

Week's

Friday
BONDS
American Stock Exchange

Interest

Last '

Period

or

Sale Price

Low

Appalachian
Bethlehem

Elec

Steel

Power

8s

Aug 1

2%s

3%s 1970
1998

series

-June-Dec

103%

Bonds

Range for

Sold

Year 1953
Low

20

102"% 103%

High

96%

No.

High

102%

130

150%

98%

98%

98%

12

91

97 %

90

Quar-Feb

1970

A

Range

Friday's

Bid ft Asked

89

90

52

84

91%

—

June-Dec

1138

—

Chicago Transit Authority—
3%s revenue series of 1947-1978
Delaware Lack & Western RR—
Lackawanna
1st

N

of

Eastern

Gas & Fuel

Elmira

Water

Lt

3%s

&

value,

par

a

RR

1993
1993

6

60

59%

6

56

1965_
5s

Jan-July

1956

'

►

Mar-Sept

-1

95%

12

95

44%

1104% 107

103

—

34%

43%

37%

49'V

39%

40 %

58

36%

41%

29%

40% '

32

5%

5

5%

137

June-Dee

5%

5

5%

95

1919

132%

34

3

6%

3%

6%

,

Stock and Bond
the

on

Averages

the daily closing averages of representative stocks and bonds
New York Stock Exchange as compiled by Dow, Jones & Co.:
-Bonds-

-Stocks10

10

30

20

15

Total

10

First

Second

10

Indus¬

Rail¬

Util-

65

Indus¬

Grade

Grade

Util¬

trials

roads

ltie*

Stocks

trials

Ralls

Rails

ities

53.54

108.78

98.42

96.95

98.44

98.08

286.72

15

98.50

96.90

98.62

98.42

Tetal
44

Bonds
98.08

98.45

98.10

286.03

98.07

53.74

288.27

99.43

53.67

109.56

98.49

98.74

96.99

98.45

98.17

289.14

99.66

53.73

109.83

98.55

98.99

97.15

98.71

98.35

289.48

99.36

53.69

109.78

98.72

99.05

97.11

98.85

98.43

108.72

-

'

v

Over-the-Counier Industrial Stock Averages
(35 Stocks)
Compiled by National Quotation Bureau, Inc.

Wed.

47.32 Jan

Thurs.
Fri.

106%

49.55

20

-I

High

49.95

22

Jan.

■ ■

.

Low

49.80 Feb

■

44.40 Sep

-

Ercole Marrelh Elec Mig Co—

A6%s witii Nov

A6%s
Finland
5s

Nov

ex

May'Nov»
May-Noei

3%s

Western

&

With

A7s

ex

Italian

Nov

Nov

1963

|

J947

Extended

at

to

4%

1963

Jon-July

.

__

•

Oct

with

6ft

1st and

1940

1

coupon

debentures

Edison

3s

1965
:

—

1973

B

1970........

series E 1978
Southern California Gas
^fouthern Counties

Gas

mortgage 3s

Southwestern Gas &

Bpaldfng

(A G)

3%s

3rd

1970

'

3

-

j:.

—

103

93

and Service

90

;
■

+

210.2

+ 1.6

198.5

+

124.6

209.0
233.1

202;0
172:4

259.1

2.4

193.2

249.7

212.2

—

'1785.4

235.6

204.1

__—

Mining

101

+ 1.9

125.9*

Utility
Trade, Finance

98
103%
90% 100

222.7

197.9

Goods

Transportation

89

.,

207.0

237.5

142%
.

99

228:9

242.0

194.7

+ 1.0

125.9

1.15,4

+

1.5

213.8

m-o

+

1.9

268.3

"

2.8

■

•

t

#13.4:

!

"New

high.

Electric

stumped

3%s 1970

A7s with Dec 1
Dec

1

1946

l

1940

96

Daily, Weekly and Yearly

95%
91

Stock*

101%

95%

99%

98

94

99

97%

92

96

1100

101%

1105

107

1101

103%

198%
1101

Week Ended Jan. 22.1954

94
104

93

90%

99

102

93

103%

Tues. Jan. 19—

$4,061,000
3,694,000

$965,000
529,000

Wed. Jan. 20^

1,962,880

678,000
680,000

1,885,465

3,758,700

767,400

88%

155% 155%

2

112%

1953

167

165

11

167

196

Feb-Auf

112

156

1956

S.

$3,000

$125,000

$42,030

10,787,600

J,619,400

1,820,600
18,112,000

55,202,100

5,452,200
56,612,200

$22,736,100

$19,935,600

$66,114,700

$62,106,400

—

$24,000

Bank

,

and

...

.nft

19,092,700

Industrial

Total

130

1956

94

Jan-July
June-Dec

1959

1953

25,879,335

'

Government

95

37

107

97

1

105%

112

99%

107

95

3

103% 103%
107

76

101

104%

Transactions at the American Stock

Union—

debentures

Jan. 1 to Jan. 22

1954

23,689,996

1953

6,866,121

9,017,601

Foreign
Railroad

193

June-Deo

4,526,100

$22,736,100

$24,000

1954

U.

93%

130

1953—

1963

77

4,875,030
4,067,000

Week Ended Jan. 22

Stocks—No. of shares

157

4,239,000

16,000

$3,619,400

$19,092,700

93

81

9,017,601

Total_.

101%

83

Sale*

$5,029,000

5,000

1,749,514

4,192,000
3,387,000

98

85

June-Dec

Newspaper

Bond

Bonda

Bondi

1,576,532
1,843,210

International

A

Government

.

Thurs. Jan. 21—

101%
104%

93

April-Ocf

coupon
ser

Tom

Bank
Bondf

Intl

.

$3,000

Bonds

coupon

United Btatet

Foreign

Railroad

Number of and Mitcel
Bond»
Share$

Mon. Jan. 18-,--

190

Jan-July

1940 coupon
1947

deb 6s

I

65

74

181%

Washington Water Power 3%s 1964

s

98

195

Feb-Aug

West Penn Traction 5s I960

conv

90

33

May -Nov
1966

ex Aug 1
1947 coupon
Electric Service Co—■

ex

76

101% 101%

Industries—

Aug

Wasatch Corp

97

75

130% 149

April-Oct

1989

trust

stamped 1946
Hydro-Electric Co—
with

98

Transactions at the New York Slock Exchange

mm*

153

199% 102

Jan-July

A6%s

6s

w./.
.

-

+1.8

253.6

Goods

Durable

(Calif)—

& Bros 5s

(Hugo)

Western

77

:

193.9

Fri. Jan. 22—

...

A7-4s 2nd

A7s

--

87

J 92
76;

101%

Mar-Sept
Jou-July
Feb-Aug
Feb-Aug
--Feb-Aug
Feb -Aug
Aprli-Oct

397l_—

Starrett Corp Inc 5s coll
Btlnnes (Hugo) Corp—

United

90%

—

Lbw

High

Change

197.3
226.9

Composite
-—
Manufacturing

commojx

1953.1954^-

p
Percent

'54

Jan. 8,

Jan. 15, '54

104

130

1150

Jan-July

1970

3 %s series, D

A6%s

ivi;'

191

,

—

..3% ft

TernI

79%
100

127%
;

199% 102

1960—4prfl-Oct1

1998

ref M 3s series

series' C

Stlnnes

2
—

.

102% 102%

,

-Jan-July1

series^A: 1973

A7-4s

current year are as

85%

75%

•

103% 104%
1100
101%

t
June-Dec

........

'

1st

*

April-Oct

Safe.Harbor Water Power Corp 3s 1981—May-No#
Sapphire Petroleums Ltd 5s conv deb 1962-Jan-Julp

2%s

91

1

industry
and with highs and lows for . the

compared with the preceding week
follows (1939 ^ 100):

groups

—

—

155

1142%,
.186
87%

—

r

/a«»July
j
.April-Oct

1971

Southern California

>.

93

prices based on the closing prices of the
1954, for composite and by major

stocks for the week ended Jan. 15,

Non-Durable

ex

50-year

,

The SEC Index of stock

59%

75%

1101% 102%

'

Oct 1 1947 coupon 1960
Public Service Electric ■& Gas Co—

3%s

102

50

—

83%

'

SEC Index of Stock Prices

•

Hydro-Electric Co—

A8%s

A8%s

91

i
May-Nov

Pennsylvania Water & Power 3%s 1964

Piedmont

82%

April-Oct1

1st mortgage 6%s 1953
6VaS due 1953" extended to 1963
Ohio Power 1st mortgage 3%s 1968

1970

95

93

—

130

83%

a

3%s

II

Mar-Noe•

ctfs

England Power 3%s 1961
Nippon Electric Power Co Ltd—

3s

77

193

New

1st mortgage

51

r
—

Trust—

liquidating trust
Valley R«—

Midland

997/a

150

1052

1952

coupon

Power Realisation

A6% ft

198%

r
Jan-July

1940 coupon

1

96

--

RR—

(stmpd mod) 1970
Isarco Hydro-Electric Co—
ser

A7s

193%

75%

75%

130

Mlge Bank—

1961
Mountain Power

Guantanamo

191

I
June-Deo

1953

stamped

Green
4s

1953

1
Mar-Sept

1947 coupon

Residential

a*

Q)Zr

il.

1940 coupon

1

1

-H

1953

Range for

49.81

21__

Jan.

*

.1 irk

49.95 Jan

Low

49.22

19—

Jan.
Jan.

*

1.954

High

49.03

18

Jan.

Mon.

Range for

Closing

Date—

101

—

191%

2

44%

Jan-July
Jan-July

63

95

58,

96

are

68%

59

95%

May

65%

59%

May-Nor

B

65,3

57%

__

Deferred delivery transaction

Tues.

64%

A

66%

63%

,

Division—

J

mortgage 4s series
mortgage 4s series

A 1st

Jan-July

44%

—Jan-July

——

Date

American

Boston Edison

2109

listed

Dec

13 %

12% Sep
12% Nov

15%

12%

6%s

...

Below

Jan

2

Wood Newspaper Machine
Woodall Industries Inc

10

High

%

63

(not Included In year's range), d Ex-interest,
e Odd-lot transaction
(not included in year's range), f Ex-distribution, g Ex-stock dividend. hEi*
principal,
n Under-the-rule transaction (not included in year's range),
r Transaction for cash
(not included in year's range),
x Ex-dividend,
y Ex-rights,
z Ex-liquidating dividend.
IFriday's bid and asked prices; no sales being transacted during current week,
y
A Bonds being traded flat.
•
*
§ Reported In receivership.
*
Abbreviations used above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬
tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "v t c," voting-trust certificates;
"w i," when issued; "w w," with warrants; "x w," without warrants.
r

Oct

98

67 %

166

Mar-Sept

—

1997

E

series

Government

1921

•No

Jan

lft

Sep
1% Dec

2%s

f

s

A5%s

Apr

100
1

pfd

40

Mar

28

Pwr & Lt 4%%

136

xl4% Feb

10% Dec
%

Low

(Republic of)—

3% Nov

5%

6%

_i

preferred

Oct

12

NOV

8%.

1

common

19%

7% Nov

500

5%

5%

l

Woolworth

25% Mar

I

,_l
•

5%

2,600

8%

Jan

19% Dec

21

-—.8

(R C) & Co.
Products Inc

Wisconsin

18

23%

Mar

23% Aug
13% Aug

29

Wichita River Oil Corp
Wiekes (The) Corp
Williams

18

1

preferred

Jan

Mar
34% May

220

10% Dec
117

1

White's

7%

Dec

32

Year 1953

No.

101

■

Sep

30

Westmoreland

Weyenberg Shoe Mfg
Whirlpool Corp

1% Jan

200

34%

100

ARussian

5% Nov
113% Nov

6,000

176

34

Jan

Sep

110

10,500

5%

175

189

158

Sinking fund 3s Jan 1 1997
Rio de Janeiro stamped (Plan A)—
Interest reduced to 2ft 2012

Jan

Jun

June-Dee

Extl

Jan

Range for

Bold

A

166

Peru

May

1%

Bonds

High

Jfay-Nov
April-Oci

Interest Teduoed to 2%s 2008

Oct

2% Feb

3% Aug
July

100

IS

ii

Stationery com....*

Inc

29%

13%

xl48

700

4%

112% 113

Western Leaseholds Ltd

14% Aug

Aug

19,000

162

1.28

Western Homestead Oils Ltd

Jan

10

Range
Friday's

AMortgage Bank or Chile 6s 1931—

1% Jan

3% Jan

preference

Western Tablet

9

12

10«

or

Bid ft Asked

Mortgage Bank of Denmark 5a 1972—June-Dee
Parana stamped (Plan A)—

Aug

Dec
Jan

nil

•

Webb & Knapp Inc__

series

200

23%

Tiernan Inc-

112

Jan

IS

12%

Ward Baking Co warrants
Wasatch Corp

$6

105

Sale Price

Mortgage Bank of Bogota—
A7s (issue of May 1927) 1947
a 7s
(issue of Oct 1927) 1947.

8% Mar

Dec

7

10

Last

Period

Low

3% Mar

Sep

IS

preferred

Watch

2

00

7%

7%

109 % 109 %

..

Waitt & Bond Inc

$2

0

3%

2%

Co

Week's

Interest

Exchange

High

w
Waco

22

for Week

Low

Par

ENDED JANUARY

Friday

Range
of Prices

Last

STOCKS
American Stock Exchange

FOR WEEK

Sales

Week's

Friday

1100% 102%

Feb-Aup

Exchange

Daily, Weekly and Yearly
Stock*

Friday
BONDS
American Stock

Interest

Exchange

Last

Period

Sale Price

Week's Range
or Friday's

Low

Agricultural Mortgage Bank (Col)—
A 20-year 7s
April 1946
A20-year 7s Jan 1947
Bogota (See Mortgage Bank of)—
ACauca Valley 7s 1948
Danish Cons Municipal Loan—
External

5 %s

AExternal

5s

1955

reduced

AMedellin 7s

to

stamped

Jan-July
June-Deo

__May-Nop

1953

—Feb-Aup

Danzig Port & Waterways—
AExternal 6%s stamped 1952
ALima City (Pern) 6%s stamped 1958
Maranhao stamped (Plan A)—
Interest

April-Oct

2%s

1051




2008

High

Bends

Range for
Year 1953

92
—

■

.

High

$94,000

Mon. Jan. 18

430,775

Tues. Jkn. 19

Wed. Jan. 20

.

Thurs. Jan. 21_,

193%
193%

Low

—

S3

93

Fri. Jan. 22

93

68

:i

—

—

101

Government
Bondt

$32,000

100%

12

17%

Domestic

49

Foreign government
Foreign corporate

Stocks—No.

of

Bondi

__Mar-Sepf
May-Noe
June-Dec

21

21

149

1

2

51

41

140
169

—

i—

138,000

68,000

54,000

42,000

69,000

7,000

72,000

40,000

119,000

53,000

88,000

13,000

154,000

$226,000

$302,000

$205,000

$733,000

69

167,000

Jan.1 to Jan.22
1954

1953

2,044,635

6,322,462

7,100,540

2,357,050
$226,000

shares-'

$207,000
183,000

$777,000

$714,000

787,000

709,000

97,000

539,000

569,000

205,000

$733,000

$487,000

$2,103,000

$1,992,000

302,000
—

43%

63%

Bona*

$155,000

Bonds

—Jan-Jufy

Total

$29,000

16,000

102%

88

Foreign

Corporate

56,000

Week Ended Jan. 22
1953
1954

43

5

101

500,585
433,195
2,357,050

99%

1100% 102%

50H'4^

69

Total

169

Bond*

Share*)

Week Ended Jan. 22. 1954

NO.

Domestic

of

Sold

Bid ft Asked

Foreign

{Number

Foreign Governments and Municipalities

Total

i

1
:!
*■

'1

:!

36

The Commercial and Financial Chronicle...

( 424).

Monday, January 25, 1954

OUT-OF-TOWN MARKETS
RANGE

FOR

WEEK

ENDED

JANUARY

%%
Week's

Friday

Boston Stock

Exchange
Week's

Friday

Last

STOCKS

Low

Par

Sales

Sales

t

for Week

Range

Shares

of Prices **

Sale Price

High

Range for Year 1953
Low

.

High

*

last

STOCKS

Sale Price
Par

100

American Tel & Tel

cumul

conv

pfd-

pr

RR—

Eastern

87%
31%

422

7

97%

Dec

45%

87

53%

-

Dec

Co

8%

8%

20

82%

83%

115

10

9%

9%

451

-100

1%

1%

100

,

46%

12%

143

11%

Jan

13% Mar

72 %

74 :

40%

'■

30%

,

•

60

;

62% Jan

Feb

24% Sep

230

30%
-

75%
30

Dec
Dec

40J/4

41

66.

33% Sep

44% Jan

-12.50-

53%

54 %

20

40

Sep

52%

Dec

..1998 "

617/2

61% $2,812.50

55

May

63

Dec

i

-

.

-

BONDS—

Cinn

4y*s_

Trans

•

*

Feb

r.

13% Mar

Oct -/■

120'

Jan

'

5
—.—5

10

(new)

Dec

12%

73%

4

II"5

—

Westinghouse

129% May

Sep
July

•

35%

„

•

Steel

Feb

6%

250-

Rubber

S

15

1

—

6%
71

9% Mar

Sep
Oct

95%

Jan

Nov

13%

Jan

WATLING, LERCHENCo.

& Fuel Associates-— '

Gas

Common

94

Dec

46

409

•

Dec

S

U

Jan

38 y#

II1I5

.—

Carbide

U

Jan

267/#

120

r

1,273

1%

97

161%

Sep

13%

140

50%

Jun

76%

80

38%

■
'

Edison

Union

High

»0

b:

R

Toledo

.

28%

195

49%

.100,
„_100>

RR—

Hecla—

&

Service

Cities

15%

125% 127

50%

xl52

3,590

15%

.100
(when issued)_1O0

Providence

&

Low

31%

-

Range for Year 1953

High

157 74 159%
'

Timken

Shares

86%

-25
25

Boston & Maine new
Calumet

159

.100

Edison

Boston

Low

■

-50

& Albany

Boston

of Prices

*

Anaconda Copper

Boston

*

*

Woolen

American

$4

•K

for Week

Range

9

Eastern Massachusetts Street Ry—
Common

first preferred

100

5%

preferred adustment

Eastern

Lines

SS

Inc

_x

47

50

210

46

Nov

40

40

200

28

Jan

37 %

Apr

100

preferred B/_—

Member*

1% Mar

Sep

100

series A

6'/e
6%

75c

...

23

25

269

14-

Oct

25%

Apr

20%

21%

549

50%

51%

237

88%

90%

1,263

21

•

common

.34V-i Mar

21

Apr

53%

Apr

92%

Exchange

Dec

xl7% Dec

Ford
National

First

Stores

•

General

Electric

• 11

Gillette

(The.t

1,

Co

90%

46%

48

283

i

Hathaway Bakeries

1

9%

9%

*

67%

68%

30%

100

Corp

5%

preferred

—100

Corp—

18%

-

27

34

Sep

Sep

Building

Feb

33%
132

Sep

42

Jan

13% May

15"%

Dec

25%

Feb

14%

Feb

Stock-Exchange

Dec

11

Detroit

Jan

17%

Friday *
Narragansett
New

12%

5

*

l4>/4

England Electric System———20
Tel & Tel
100

118%

New England

Pennsylvania RR
Rexall

^

_

Drill

Union

Twist

United

16%

436

17%
6%

60'

Jun

6%

American

Dec

19%

15

21%

96

20% Dec ;

28 'A

Jan

28

24%

37%

Jan

Metal

300

Oct

25

14%

48 y*

39'/4

i

58V4
41

Oct
Jun

30%

225

23%

12%

10

11%

Dec

680

55%

53%

54

36%

2 %

2%

14

39% Sep

.

May

52%

Consumers

Dec

Davidson

Cincinnati Stock
Friday
Sale Price

1

Cih. Gas & Elec. com newPreferred
N

O &

Milling Machine—
T P

Cincinnati

common-

—

10
20

—

Telephone

-V.

97%
50%

—

i09%

*

Cincinnati Transit

~

•

98%
50%

109% 109%

74

72
4%

:

5%

Jan

10 %

Jan

6

Feb

24 % Aug

26% Jun

34%

Dec

"a

Jun

101%

Feb

2%

Jun

5%

Jan

17% Jun

22%

Dec

70

3
21%

21%

100

91% July
35% Jan

102 %

67
60

50
,

4%

&

l

_

Day & Mich preferred
Eagle Picher
Gibson

—

10

102

807
695

69

it

40

54

Dec

111% Mar

Jan

Nov

78% Nov

3% Jan

6% Nov

91%
18%

19

124

58

56

58

30

27%

27%

100

26

45
69%
20%
60
30 »

40
71%
20%

43t

—

*

Hobart Manufacturing

;

,

41%

Apr

48

45%:

50
10
-

91%

—

27%

Art

425

2Ya

Apr
Nov

Mar

2%

Feb

12

12

362

10%

16%

768

13%. Sep v

17%

60

60%

94%

16% Mar

Edison-

Cleveland

Dec

—

Procterw&> Gamble_x__——»
Randall
U S
U

class

B

20%

5

Playing Card—

S

:

10 3

Ptg common—

—

—

30%

« "

*

,

*

60

30%

600,

Baler,

1

Gar »Wdod

-

576

23%

Sep >■

27

Mar

39%

3,438

23%

Sep

27

Mar

■It

24,159

11% Mar

7

__

1

29%

40c

44c

2%

1

Feb
Jan

10%

10%

3014

Dec

46c

Dec

-

Dec

6% Mar

9%

Dec

16% Mar

3

Apr '

2%

200

2%

Feb

G%

11% Mar
:

-

Dec

4Hc

199,866

2%

—

7%

24%

9

29%

-»

Sep
Jan '

9,455

r

29%

-

7%

193

6

5%

8%

6

170

1,265

8%,

43c

-

!—l

525

Goebel
Great

-1

Brewing L—;
Lakes

Oil

&

Hall Lamp

__5

——

'

17%

23% Mar

Sep

55

May,,t

Dec

30% Mar

Jun

v-

2%

Sep
Sep

3%

*

3%

723

•

2,107

37 Va Apr

46% Dec

-

59% Jun

,

71%

i

Dec

18

Jan

22

July

60

230
50

Nov

63

Mar

Mar

30

v'- Jan

8

3% Nov
53% Sep

69 %

Feb

380

6%

Dec

8%

Jan

300

1%

Sepii

27a Mar

•2%

434 Mar

Dec

3%

368

2%

.

Sep

'

Hastings Mfg

2

Hdskins,- Manufacturing

-

—2 %

4

HoudaiHe-Hershey common>_L

;

4

__

-

Motoit. Car—

1

Kihsel* Drug

Kresge Co

14%

(S S)

14

14%

150

11%

311 *

12% Sep t :
9% Sep »

2%

—_1
.—10

2%

100>

"1%

33%

34

.

2%

1%

T

5%

400

-

l %

1,520

34

Jun

Jan

16.34 Mar

16%: Jan
3Va

F eb

1%

'

May ('•
Dec

32

Jan

16V#

Dec)

450

14 %

14%

_

3

Kingston Products-

100

4

14%

11%

-

-12%

Masco iScrew

Products

Clemens Metal

10 /

_5
St Telegraph—100
American Tobacco Co—,—
—-25 '
.

Anaconda

50

Mining

———10 *

Armco Steel
Ashland. Oil

1

—

Avco

Dayton
Du

GSs

Elec——

83%
28%

33
50

Power St

5

Light

7

Pont

Electric

45% Sep
32% Sep

75

220

5

AutO-Lite—

—

5

General Electric

•

General

—

__

Jan

35% Feb

Preferred

;

Greyhound Corp

_3

International Harvester

*

International Tel & Tel

71

Dec

__

38%

90%

Co

:

;

1_.x__ 1

—

„i___

34

41

1
5

-

-

_

-

National

Cash

New York

Ohio

Register

Rickel

(HW)

&

Co—

*

Standard

Central—

;

33% Mar

784

12% Dec

15

Jan

233

23% July

27%

Edison

8

39%

Rights

%

Ohio Oil

;*

__

eVi

Penn RR

.50

Pepsi-Cola

_33 %c

__

__

54

Radio Corp
Republic Steel

Dillon

6

24'%

Sears

Industries

1.40

Roebuck

•

Sinclair

*

Socony Vacuum
Bouthern Company
South Railway. Co_
Standard

15

class

Standard Oil

Standard OH

16

25

(N J)

Standard Oil (Ohio)-.
Studebaker
For footnotes

see

25
;

10
1

page 45.




-

6Vb

44% Mar

100

(' Feb

4

v

19%Mar
-

5% Jan

1,730

1%

-

...

3%

-■

1

Sep; !

2% Jan

1,600

15

730

13%

16

;

16%

925

13V2

4%

100

4%

12%

300

11%

,.,

Dec

Sep

1

4%

4%

—1

12%

12%

38%

38%

99

33%

Jun

38%

" Mar

7

Jun

-

Sep t-i

1%
4

Apr

May

15% Mar
17% Mar

6%

Jan

91%

Jun

107%

Dec

39%

Sep

14% Mar

Dec

2

63

42%
89%

42%
90%

115

65

319

50

-1

69%

Feb

13%

100

12% July

13%

25% Sep
13% Dec

33%

Jan

14%

60
70

Friday

Nov

29%

,1%

60%

19%

19%
20%

STOCKS

19% Jan

38"%
A

39%

58%

58%

%

20
300

51% Sep

59%

Dec

17

22%

Jan

Allied

100

18%

32
2,980
37

25 %

July

Jun

35

Nov

39%

Feb

50%

Sep

57% Aug

!

Corp

Chemical

Allis-Chalmers

&

17%

17%

14%

16% Dec

50
57
44

54

52%

23%

10%

102

14%

15% May
62% Jan

Jan

43% Sep
21% Nov,

29%

Jan

Jan

.

1% July

1.220

1

1% May

(Un)

Range

(Un)__.

Pov^er

a30%

Tobacco

20% Nov

28% Jan

American

Viscose

55%

Apr

61%

American

37

36%

37

..

36"%

36%

30% Sep
31% Sep

37%

Feb

13

Sep

15%

37

286

46%

Jan
Dec

Sep
8% Sep

49

Jun

35

Nov

15%

Feb

44%

a9%

75

36%

100

30

14%

14%

540

12%

Aug

10% Mar

Oct

Jan

16%

15%

36%

(Un)_*

22

Dec

1,240

.

a9%

American Smelting & Refining
American Tek& Tel Co (Un)

75

Jan

11%

12%

14%

60%

58

12

(Un)

•

22%

Jan

Oct

41%

46%

(Un)

60%

Jan

74 >/4

470

♦

22

32%

Sep

48

10

American

24%

Nov

64%

70

al5% al5%

(Un)_l

High

Low

20%

100

12%

American Potash St Chemical cl B
&? SS

Range for Year 1953

High

48

1

American Cyanamid Co (Un)

50

Shares

a20 a20%

•

Broadcasting Para Thea

Radiator

for Week

a73 % a74%

a 20%

•

(Un)

Sales

Week's

Low

1

Dye

American Airlines Inc
Amer

•

1%

of Prices

Last

Sale Price

Admiral

Oct

-

Los Angeles Stock Exchange

Jan

66% Apr
Sep

91% Dec

53%

23%

—

__

16..

•

(Ind)

6% Jan

Dee

14%

1

B

Udylite Corp _i
Wftyne' Screw

49%

__

5
*

Brands

.

Sep

3

15

488-

Mar.

4

?

Dec

30% Jun '■

1,300

15%-,

3%

3%

ig

,

Tube

American

Schenley

•

*

-

1,387

-v

.4

1%

1

—

Manufacturing™L;_l—

American & Foreign

Pure Oil

2,305

-

3%

Dec

20lA

—__

5% Mar
3% Jan

95% Mar
.

13%

60%
19%

3% . Dec

Feb

24

■

2

Rudy Manufacturing

Shellen

14"%

*

Distillers

120

i

11

32% Mar

*

400

34 %
,

...

15%

Par

National

Sep—

3% July
3% Mai* '

3%

'

~-

4.

15 %

1

Dec'

16%

1,081

3% -4

.

,

* (

1

Prophet ((Fred.JB)

Scotten

13%

*

•

—

Pffeiffer: Brewing

Jan

29%

__

__

-

3%

__

:

-

3%

„

21%

3%

3%

3%

1 :
"'.

"

Peninsular Metal Prod L—

Jan

27%

62%

__

Parke ^Davis

41 %

13%

106% 106%

—

C

■

57% Jan

Octv

26%

-

*

WeldingL——

Packard: Motor car

95%

•

Dec

4

2%

407;

23

20%

20

__

'

.

■

3^4 May

Feb

300
220

3

-

23

-

-

'

3

Jan

18% Mar

8% Feb

59%

68

43

27%

-13%

5

Motors

.

4% Dec

35%
60

_•

Ohio

5

53%

J

76% Aug
45% Feb

30% Sep i
11 Dec

34%
59%
82%
28%

»

59% Dec

68

52%

10

S

5

161% Jan

28%-Dec

158

52%

Service

&

13%-14%-

—

Jun

152%
•

200

36%

35%

35%
59%

City Products
Col

32
36%

35
37

285
40
82

*

Chesapeake & Ohio
Chrysler Corp

Columbia

__

47% <47%
14% ,14%,.
158
159%
62% 62%'
31% 32

25
25

BAthlehem: Steel

Cities

__

__

———3

—

—

159

54% Jan
15% Feb

,

-

_

10

com

;

43%. July
12% Oct

10

1—1

-

Murray Corporation
Mt

•

3 »:

l

com

Motor Products.

Dec

23

104

Jan

7% Mar

2%

2%

—

•

4,074

2%

—5

x

Mar

7

•

-i

Mar

27

4"

7

Chemical-

58

Oct "

-■

64%

62

64%

Nov

Sep

22

1,045
300 1

4%

3%

3 %•*

—ft

x—_L__

■

2%

4

4%

4

40%

123

23%

2%

__

-1

52%

23%'

23%

2,090

*

52%

__

Industries

4

4

1

—

Gemmer Manufacturing
General Motors

Dec

Stocks—*

American Telephone

Sep

25

39%

6

—20

National Electric
Unlisted

American Cyanamid
American Radiator

Jan

25

—

Navigation—_5

-

1,363

;

Kroger f"_—

Oct

42

28% Sep i.

,

230

16%

1

—

Jan

155
V

74%

'»

25

Hudson

—

7%

39%

*

ExtCello, Corporation -i
Federal Mogul
i_—
Frankenmoulh- Brewing—_ Jc

11% Mar

'

878

33%.»

3
21

—

Bros

Economy

High

May;

285

99% 100%

*
8.50

9

50
20

22

33%

•

Low

10%
5%

22

*

„

Corp

Feb

6% MAT

Range for Year 1953

High

5%

•

Preferred

Cincinnati

Range

10%

__

Champion Paper common

8

59%

10

____

common-

Rights w i
DetroiWMichigaa Stove——Detroit, Steel Carp

Sales
for Week
Shares

of Prices

■;

l

Brewing

ChUrngold

C

10%

18%

12

25

Motors

Detroit

Exchange

Low

Par

Apr

Sep

16%

*.
—•

—

s

Power

Detroit

Week's

Last—

STOCKS

Brummell

8

■It

i

4% Aug
3'4

14%

431

36%

Continental

Burger

7 %'•

♦

Chrysler Corp—
Consolidated Paper

31V* Mar

Sep

12%

Beau

360

High

-

Jan *

2% Jan

Jan

11%

30%

Balcrank

16%

1

1

Mfg

Budd Company.—
Burroughs Com ■

Jan

35l/4

"
Westinghouse Electric Corp—„_i_ 12.50

>'

2,127

16%

2

3%"
3%

Big Bear Markets——
Briggs Manufacturing

Apr

43"% Dec

1,400

520

46%
37%

Dec

3,873

13

12%
47%
39

—

4

Products

Low

3%

515

3%
3%

3%

1

Range for Year 1953

High

Low

1

_—

___,

Shares

Jan

22%

Brewing

,

for Week

Range ~
Prices

of

"I

Par

23% Mar

Dec

5% iJan-

*

Brown-McLaren

_•

System- Inc__

Last

Sale Price

Allen" Electric

18

5

Waldorf

stocks

Altes

Sales,.

Week's

"

116% Dec

Sep

28

28

•
5

Fruit Co

United Shoe Machinery common
U S Rubber Co

12%
110

150

22%

•

Torringt<in Co

«

19%

•

Inc

1,852:

6%

*

Stone & Webster

14%

17 Va

19%

Shawmut Association

325

117% 118%

17%

50
———_2.50

—

Drug Inc_

45

17%

14 *

17

12%

16%

1

Racing Association

Nash-Kelvinator

DETROIT

w

WOodward 2-552S

Telephone:

Apr
Feb

.

Sep

104

382

42%

41%

5

Exchange;,

Feb

17%

20

112

112

—100

________

Mathieson Chemical

29%

10

Maine Central RR common

•

Exchange a

Midwest Stock

Dec

12
x81

8%

220

18 %

32% Jan

731

Lone Star Cement

48%

Dec

58% Sep

400

Kennecott Copper

American Stock

"

Dec

66

Detroit'Stock

Exchange

Jan

41%

York Stock

New

__

76%
__

__

16..

41
28%

..

41
29%

72%..73%,,
35"%

76%
36%

21%

21%,..

74%

■

-.

41-

14 l

135

51
70

•

-

13%

Sep

Jun

58% Aug

Dec

43 % Mar

Woolen

Anderson-Prichard

14

38% Sep

48% July

Armco Steel

25%

29% Mar

Oil

(Un)

110

66%

195
159
68

66% Sep

31%

Oct

Sep
20% Dec,,

80%

Jan'

78% Jan

Ashland

(Un)

25% Sep i

43% Jan
160% Jan

153% Sep

61%

61%

220

59%

Dec

77 V4 Aug

33%

34%

429

35%

Dec

44% Aug

al5% al5%

100

14*% Sep

509

29

25

(Un)
50

a32

a31%

10

Armour: &

SeD

220

1,842

25

(Unj

Corp

Anaconda Copper Mining Co (Un)

31

a29% a30%
159% 15914

—100.

1

Co': (HI) (Unl_i
Oil &_Refining CUn)—

a

35 3

4

9%.

_

•

175

43%

a36

86

31%

9%

730

46% ,46%

10

__5.

a32

,

8%

25%

Sep

1

14

14%

495

95%

95%

183

88

325

26% Oct

1

11%

16%

.

11% Dec

(Un)__50

38%

Jan

Atchison Topeka & Santa Fe
Atlantic Refining (Un)

43.;

Feb

Avco, Manufacturing Corp .(Un)

i

:

;

10.
3.

.

a30%

a29% a307/s.
5

5%.

1,230

;
Apr
42% Jan

55

Dec

Sep

Feb

44% Jan

Dec

Sep:-,'
V

4%.'Dec./

Apr
Apr

98

Dec

33% Jan

8%: Feb

Number 5293.... The Commercial and Financial Chronicle

Vplume 179

(425). 37

OUT-OF-TOWN MARKETS
RANGE

Friday
STOCKS

Last

Par

Baltimore & Ohio
Bandini

RR

Petroleum

Co

Bros

Oil

Basin
Bendix

:

Co_

(Un

Boeing

Airplane

Dec

29% Mar

Merchants

3y8

1,000

2.55

Oct

4.50

Apr

Merck

(Un)

.15

8,018

8%

Feb

15

Mar

Mississippi River Fuel

10

Mar

Montana-Dakota Utilities

13

13

216

53

6c

4c

8%

a493/8

4%

6c

4%

*

a51

China

Band

Stores

Borden

Oil

Corp.

1

1_

Inc.(Un).

Company

Borg-Warner

1

-

(Un)

15

Jan

July

(Un)

Company

1

Sep

48%

Mt

*

Jan

9

Diablo

National

Oct

Co

60c

8%

59 3 4

100

-243

1,909

9(4 Sep

121

!

14

-

54% May
66% Sep

9%

8%

8%

8%

11

Jan

j

60%

v

Apr

IOV2

Supply

York

New

Apr

•>

Nordon

Packing Co

Southern

Canada

Sep

10

Jan

S%

250

8y8

Aug

10%

Feb

-

11

400

10%

Oct

1G%- Jan -<L

17%

18 Va

240

17%

Oct

Pacific

Canadian

R.v

Co- (Un)

Capital

Airlines «I Un I

Carrier

Corp

Case

-

Caterpillar

Tractor

—1—10
:i2%:

-

(Un):

.

9

.

5%

-

a

60

%

a9Va

a50%

a51

Certainteed

Corp__-

Products

Sep

Northrop

Aircraft

Dec

Ohio

Feb *

Oils Co Ltd

Charter

Chesapeake & Ohio

*

1%

,-—1

(

Ry Cp

(Un)

•

"

—

Cities Service

Clary

(Un)

Climax

1
"(Un)

"'Molybdenum
Fuel

Columbia

&

Gas

Commercial

1

,—.

46

*

>

14

150

*

(Un)

System

•

—1

20

59%
a82

1,080

% a83',2

"

39

of

Y

N

Consolidated

13%

13%

iy8

Sep
Jan

23

Dec

Vultee

Consumers

42%

__50c

(Un)

__

;•

Continental
Crown

Motors

Zellerbach

(Un)

A

(Un)__
i-—

com-

(Un)

Deere & Co

(Un)

10

red

Products

DuMont

(Allen

duPonl

(E I)

B)

de

Labs class

Nemours

A

preferred

2;

Lines ,(Un),

a25%

Pacific

Tel

Natural

Paso

Pacific

Western

7

7%

i

Packard

Apr,;

Pan

41% Mar
20 V* Mar

15

&

Erie

(Un)

89 %

->

Jan

21»/4

4V2

.

Farmers

Dec

35%

Jun

41%

Dec;

15J/4

Feb

52%

Oct

57%

Sep

-

(Up)
(Un)

Pictures

Fitzsimmons

Stores

Oct!

Pullman

35

7%

Gair

(Rdbert)

Pure

4%

Co

(Un)

Corp

2iy2

23y8
56-56%

General

Electric

(Un)

General

RKO

Feb

Radio Corp of America (Un)
Raytheon Mfg Co (Un)_,
Remington Rami Inc (U11)

202

25

Dec

27"

Oct1

Republic

Aviation

63

Jan

75%

Oct>

Republic

Steel

(Un)

Pictures

Reserve

Oil

Mar

Sep

38

Dec

24%

Jan

a9%

a9%

50

8%

16%

Jan

Reynolds

al05%al07%

398

91%

106%

Doc

Rheein

5

'

a

107

22%

22%

175

V/\ Aug

8V2

__

30

10%

Dec "

Apr

80c

-

'24V« July"

27

:

25'

,

;

Gas

34%

1.15

42% July

Dec

31%

367/s

Jan'

Ryan

9%

Dec

11%

General

■-

16 y8

Dec

22%

62'/2<> Jan

1.70

300

17,300

Jan

360

360

28

28

100

330

355

Sep

May

(Un)

class B

Co

a

25%

Golden
Good

$1

State

421

30 Va
28

330

25%

200

35

9'%

Humor

prior

S'/b-

—

10Va

—

Tire

Goodyear
e

14%

Northern

RR

Greyhound Corp

Dec

Servel

Jan1

pfd

Shell

19% al9%

—

260

20

32%

Sep

Gulf Mobile & Ohio

89 V2

Nov

Sep
Feb

55

Sep

69%

10

10

400

9

Nov

16

16

900

14%

Dec

15%

Jan

a29% a29%

40

24%

Sep

29

Dec

a29%

Gulf

Oil

45%

Inc

■

12

«

Corp

Solar

Feb-

Oil

1

-

11 *

Jan

Jan

4.48%

59%

Hotels
Corp
Holly Development
Foods

3Va

3%

A

1
•

22%

—

Imperial Development
Intercoast

—1

■,

10c

1

International Paper Co (Un)
International Tel & Tel Corp
Intex

Oil

10

a38%

26%

Steel (Un)

:

,

■

al9V4

51%
51%
al9V4 al9%

.

15

Kaiser

Motors

KennecoM
Kern

&

40%

10

•

,

County Land Coa.
Forge Co

2.50

Libby, McNeill & Libby .(Un)
Lincoln
Lion

Oil

Co

Lockheed

Loew's

58

Mar

Standard- Oil

2% Mar

1

Dec

1%

Aug

45 %

Dec

58

Feb t

*

Standard

13%

Dec

Stanley

26 '/2

Feb»

Stone

43 Va

Sep

48

19%

Nov

28% Mar
19%

45
208 -

35% Mar

3,829

15%

Jan

1.10

3,000

1.00

Sep

1.75

272

13%

Dec

19%

10

4c

39,000

1.10

71% Aug

65

515

3c

1.05

.

,

Aug

Jan

2c

Jan

1.00 Sep

4c

Sep

33
57

Co

(Un)—

Co

Dec

61%

Dec

57% Sep

-

Jan

14 y4 Mar

7% Mar
76% Aug

19

Nov

5

—

21%

—

36%

/700

22 Va

•

(Un)

37

,15

com—25.

.

22 y«

Nov

142;;

30% Sep "

Mar

31

1,467

Sep

36% Mar

Dec

-20% Mar

36%

37(4

17%

17%

300

16ya

38 %

39

1,837

33%

—26'/4

26>/4

32V2

32J/2

326
152

28%

Jun

33

33

33

154

30

Jun

32% Mar

33 Va

233

30

Jun

33

37%
—

38 %

,

25
25

32V2

2

•

43(4

1

a46%

<

-

>

-

,

1

39% Mar

Jun

22 % Jun

,

26 V* FebMar

Mar

13% Jan

7% Oct

620

631

13%

Jun

16% Jan

39Va

1,200

36%

Dec

49% Mar

43V*

1,200
182
235
1,603

40 Ya

Sep

-

a45% a46%
29

29

56

•

57

•

57

25
18

a75%

a72%a75'/4

a76%

a74J/4 a76%

10

(Un)

a36%

.

,

a354a*a36%

5

(Un)

Inc

(Un)

__

al2y2 al2'/2

•

common

21%,

1

__

25

^

-

7.50

(Un)

22(4
21 21%
17 XU
18
a44'A a44»/2
32% 33%

36%

44 y2

Sep

.

Oct

29 y4 Mar

59 Va

49% Sep
69% Nov

.40
453

1

47% July j

Sep

26%

h

Jan

72 Va

Jun,

68

Sep

75%

Jan

31

406

Sep

38

Feb

:

—

—

-

-

11% July
Janr
Feb

10%

Dec

27%

20%

Dec

43

15 V*

Sep

21% Mar

35'/a

75
529

Oct

20%

50
335
1,674
1,812

-

22J/4

__

1

(Un),

15%

19%

Jan

40% Nov

37% Jan;

29% Sep

Nov

12%

25

Airlines

World

Jan

—:

5

Corn

com

(Un)

79

Dec

20

Sep

13 Va

Dec

19% Mar

23 Va

Sep

29% Mar,

13%

Sep

3%

Oct

4 Va

Apr

13%

Jan

21 y8

Dec

14

26

4J/4

26V2
17(4
4%

381
2,153
382
550

22

26y4

1

22

613

17Va

—

Dec

50%

13%

13%

2

;

Corp

__

57%

558
70
20

60V2 60V2
a89
a90;
a2lV4a21(4

__

•
10

Sep

102
-

Feb

27

Mar

17%

Jan

Jan'

7%

(Un)

Assoc Oil, (Un)

■

9Va

1,250--

Warrants

a21% a21%"
a28

19% Sep

187

2%

18% al8%

a67 (4

a69

42%,

42%

1

24

May

(Un)

—_—«—-—

Century-Fox Film

.

Union

Pacific

RR

Oct

29

Jans

United

Aircraft

115

42 Va

nov

48%

Feb

United

305

;

Gas

2 Va

(Un)

Dec

5% Mar;

Nov

19 Va

Jan

U

60% Aug
37% Sep

80%

Feb

United

19

50
277

602

S

Rubber

Co

Universal

Consolidated

4% Mar

Universal

Pictures

Dec

20

20%

960

18%

Sep

23

Jan

Van

de

Kamp's

al9V8 al9%

13%

■*

23Va
al3%

13% 13%
23y8 23'/a
al3% al3%
25% 26y8
a40a40'/2
a53% a54y4
9;
9
45J/a 45!/4

Jan

10%

Apr

Virginia-Carolina Chemical

Dec

1.00

Feb

Warner

a33% a34%

224

28

27 y2

28

1,106

13%

13%

14

795

a24%. a253,s

10

425

29%

Nov

10%

14% Mar

Oct

24%. Dec

95

425

.

420

Jan

28 % July.

425

Aug

Washington

Pictures
Water

Western Union

Westlnghouse

5

Power

(Un)

Telegraph (Un)_

Elec

Wilson & Co Inc

Woolworth

(Un)

(Un)

(Un)

—

(Un)

(F W)

>

_*

iO

„

12%

—

•

(Un)

16

57

al9ys

8%

Mar

56y2

—10

♦

67v2c

38

30%
40%

,

1

645

29% Sep
19% Apr •

40y4

—

(Un)

1,317

Bros

30%

40%

•

a5J/2

30%

Bakers

9%

.

a5l/2

5

Oil

75c 77 %c

9%

—

1

Corp

59% Jan.;

2%

5,074
140
675
295
381

49,,
49
28'% .28%

49;

—

10

;
.

„

63

330

40

—•

(Un)_,

Steel

States

.

50 all2y4 alll%all2%
10
23%
22% 23%
10

Corp (Un)
United States Radiator—,

39%

—

5

(Unl

74y8

73%

•

(Un)

Lines

Air

22%

—

25

Co of Calif common

20

—

1

Union Carbide & Carbon (Un)

40

lo

26

Oct

<Un)_
(Un)

Corporation

Oil

Twentieth

a3

100

33%

Jun

Apr

Corp; (Un)^

Webster

Transamerica

Dec.

Dec

2%

♦

Aug Investment Co

(Ohio)

Tri-Continental

Jan

Jun

13%

a47 a47J/2

77 %c

Dec

Sep

Calif

(N J)

Company

Trans

Oct

361

1

Corp

Co

Warner

&

Texas

Mar

1.45

49

a27%

42%

Dec

Jan

22

7

Texas Gulf Sulnhur ,(Un)

83% Mar^

302

8%

a

40

32%
23%

Dec.

367

14%

a69

16 V* Mar

5%

(Un)

Sylvania Electric Prod

Jan'.

29 y2

*

Lorillard- (P)
Los

(Un).

Aircraft

of

Co

Oil

&

Sunray

1

a56 a57%

a21%

Jan

63%

(Un)

Studebakcr Corporation

25 Va

29 y2

8%

;

—

12

1,512
285

,

a—

104
4,227
1,626

pfd_*

Inc

Brands

Standard Oil

Jan

4c

1.50 Jan

53% Jan

Sep
—

2% Mar'.

12%

23"

44%
a—

215

41 y2

Sep

44%

19% July
27% Sep

47%

Dec

•

(Un)!

Corporation

190

■

37 %

23
Sep
72%c Oct

^

38V4

Railwav

a3

L_10c

Inc

Mar

6% Apr
47"
July
28% Jan

a80

39y8

Standard

'

Sperry
>

115

1.05

7

Petrojeum

27

Jan

Nov-

7(4

•

Southern

65

1

Lane-Wells Co

Sep

19%
26 %

.,

5% Feb

776
415

,

9

Dec*

■

-

„

33Mjc

Kropp

52 y4 Mar

16%

300

r

16

78

a79% a79%

8%

<Un)

Sep

8%

__

85/a

Jun

„

al4

1.00

1

Light (Un)

Conner

Sep

7V4

Pacific

80

-

40(4

15%

Southern

13% "13%

50

Corp

Power

Kansas

1

—

Sep

41%

535
70

,

15'/a

40

—

16

Dec

United
Preferred

14

100

80c

5

26

10

al9% al9%

1

common

,

Jan;

14 y2 Mar

20%

110

80c

26%
„

(Un)

Oct

Union Oil
Jones & Laughlin

29

*

1,580
401

33 y8

17%

23%

21%.

•

—33(40

Kaiser Alum & Chem

4% Jan

Dec

8%

,

6%

Comnany

13%

47%23

*

(Un)

r

Mar

:

60.Mar

Nov

8%

587

6%
•
7
a38V4 a39y8

—

Calif

1,800

2% *

a28% a28%'

—7(4

Co

69% Mar
43

.

Sep

2iy4

805
20
455

110
1,509

20'%,

19%

.

—

25

Southern

45

Jart

23%

*

25c

—.

Harvester

r

50

v
Petroleum

Southern

361

a1(4

a

100

Petroleum

International

35%

2% Oct

625
.

22%

49--

__

__

Dec

60—

55 Va

a49 Va a49%

1

a

Oct

44

42% Feb
Jatt

...

Dec

37%

>

Apr ,
34% Oct -

Sep

160

Jan

15 V*

„

a79(4

pfd_i—

Tidewater

(Un)

28y4
49

300
f

3V4

25

21% Mar

510

2%

1—6%

Illinois Central RR

45 ~

162

23% 23%
a8% a8%
14%- 15V'8

__

1

i

Gas

Standard Oil (Indiana)

2%

5

,

w

Inc

July,

23%

,

35Va Mar-

1,560

80

a1(4*

Class

Calif

Jan

60c

-

.

55 Va

al %

1

Hilton

Hunt

345

,

59%

a43a43V4

1

preferred

Southern

Oct

5 (a

60c

1

A

71

.

15

I

Co—

17"

35

1,200

79.%

Aircraft

28%

589

25%- 26%

25

class

30 Va Mar

28% July 30 V4 Sep r

a51% a54(4

,

50

20% '

a33 a33 %

*

(Un),

Co

.

11% Mar

Sep

a—-—20c

Inc

Co_——

Southern Calif Edison Co Ltd
: 4.32%-preferred—

Swift

Hancock

Sep

135

a43

1

Socony-Vacuum OH Co Inc

July

i

I

8%
24%

200-

a287/a a29%
—

5

(Un)

(Un)_

Oil

70-

45%

20%

a33%

3

(Un)

Jan

Feb i

68%

6

(Un)

6%

Dec

32%. .32%

—

,

1

Oil & Gas new class A
Sinclair,- Oil Corp -

Mar

18V2 May
23%

26

25%

54

1

(Un)—

Dec

16%

.

r

a—

3%

67% Mar

a54»/4

Co

Servomechanisms

Dec

52%

'

(Un)j

Aircraft

Grumman

■*

a__

290-

a60y2 a61%

10%

50

•

'

Sep,

226

a61J/4

39%

Jan

240

80

(Un)

Corp

25% NOV,
118% Feb

-

391-

•

Oct

9%

1,524

60c

OiF & Chem

13% Mar

,

177/a

17%

—

Sears Roebuck & Company

Oct

5J/a

*„■

Great Lakes

34% Dec

Sep
Nov

162

a25% a26%
24J/4 24%

5%

a60

10
com

Jan

27% Mar

14%
14%
a34% a35y8

—

24%

34%

64%

____50c

com

Rubber

&

Graham-Paige
Great

Calif

27%

Nov

111,.

1,910-

lO'/a

a27% a27%
a77% a79%

a27%

a26%

329

63

"

(Un).

Co

Jan

30% Feb

May,

7'%

195

4

•

526

a58 (4

*

Co. of

34%

,

Jun

25 %

29

a347/8 a35y8

a35y8

B

1,488

a88% a90 %

preferred

Goodrich. (B F)

Jun

32%

450 225-

117

1

6%

64%

8 9%

10

;—1

39% Dec

May

26

2,313

26

117

—,

•

Finance

14%

a59 %

20

Co-

Dec

28

-'

26 '

a78

Aeronautical

39%

25%

*

1—

Dec

29%

100-

9y4

—

1

Axle

&

6%

14%

a

5

(Un)

8J/a

25% July
34% Jun

325

28

34%

__

—.

'

Corp

Spring

39%

*

(Un)

Telephone
Co

55% Mar

Jun

1,965 "

34%

Safeway Stores Incorporated
St Louis San Francisco Ry

Apr>

5

-.

Gladding McBean

Apr

6%

Jan.-

47%

Sep

,

Glidden

5iy4

200

31%

28--

2.50

Tob

(R J)

Rockwell

532

•

r_>

Manufacturing
Oil' Co

Richfield .Oil

*

Utilities (Un)

36% July

3.75 May
38% Dec

60

40%

31%

__

__

50o

(Un)T

(Un)

&

Jan-

♦

——_—

Public

•

-

2.50

151 "

30

40y8

•

Ranch

205

17

1.00

-

common

preferred

General

Dec

Jan

18%, Mat

8,753
^

8%

297/8

5

...

Rexall Drugs Inc

426
•

10 %

10%

1

,

Oct

83%

July

'

22y8

Dec

18%

6%

i

6%

>

Sep
July

13

ii

1

Dec

May

14

14%

Com- common

Sep
Sep

15%
54

39

•

9%

35

1

(Un)
(Un)

Paint

General

1st

Co

Motors.

"

210"

a58 a58%

•

,

(Un)

25 V2

375

2

Corp

General Foods

2,863

&

li

•

1,722

-

(

39

__

.—12.50
3

(Un)

Oct

35%

4

680

10

__1

1.90

11% Mar-»

Dec

1,752

—i—.1

;

Dec

1,800

,

7,445

33(4c

Incorporated

Oil

6%

100

(Un)"

Co

Jan

23c

3%

33%c

Signal
Garrett Corp

Apr

25%

Jun

3'/a

•

24%

7

60

49(4

(Un)

7%

Dec

3»/4

50

(Un)

Oct

27% Jun

245

37%

A__—'

class

Jan

30 Va Mar

4%

217

1

(Un)-_

Co

Dpdge

36%

17

Tiger Line
Machinery & Chemical

22% Jan

10c

17

—~-r—1

(Un)

Co

Phllco Corporation

20%

6%

4

Flying
Food

22J/a

18%

17

•.

Phillips Petroleum

34%

48%

Bk__-

Sep.
Oct

.

455

—

4-

(Un)

(Chas)

•

Phelps

Feb;

38%

Sep

Pfizer

Jan«

22%

11 1 ' Oct

15%
36%

100

■»

-

—

100,

compion
Oil commons

Pennsylvania Railroad

*

20%

(Un)

Merchants

&

18% Aug

17

21% May

37'/4

—

36%

Co

15(4 Mar

"

23

24% Mar

2,530

23c

Seaboard

Oil

Exeter

Mar

16,700 "

21V4

22c-

-

—K

6%

•

20'/4

23&

*

World

American

6%

1

Railroad

Sep

65

16%, Dec

90

a27

•

67/'8-

•

"

Penney (J C) Co (Un)_T

Jan«

Sep

30-

a27 a28%

____3

1

22%

t—1'
pfd

Car

Motor

Paramount

,

747

a26 »

-

10

Gas

Products

50

25

Tel

-

8

*

84 V2

v

1

Eastman Kodak Co
El

Electrical

19 y4

a27

25

common

Service

Rice

Eastern. Air

94

'

„

25
1

"An

94J/4 Mar

.

1

—

Lighting

34(4

10c

(Un)_—

960

21 % -21 Va

_

—

25-

Petroleums

5

-__50c

:

al7'/a al7'/2
19% 20(4

al7y2

—_—10

_j

common

Public

Apr

50 -

a8%

8

a28%
—

200

10

—

Elee

&

Pacific

1

Industries

Dresser

'

-

%

a35% a36%

•

a26

j

Chemical

Dow

a36%

1

;

Douglas Aircraft:.
Douglas Oil Co ol Calif

a8

„

5
1

Jan

al7 al7%

>

-

1

red

Pacific

-',

16%

465"

a56-,-a56

a56

1

I

(Un),_,

Curtiss-Wright Corp
"Class

L__20

2.70

100"-

..

1

(Uii)

Co

Dec

28y4 Mar

?

34

:

-

V*
Can

1.85

2.00

__

Pacific

36
Aug
16% Sep,.
12% Dec

525 "

18%-;

a39% a39%

Rights
Continentral

1,000

12

preferred
preferred—

5%

390

.

14 y8

18%

.*•

iJ*

\

Jan

2.05

—

preferred

5%%

-

103 -

42%

14

—__1

Power -(Un)

(Un)_^

——-

Feb .7

40 Vb

Dec

5,

1,045"

a38% a39 %

•

Engineering

Consolidated

(Un)

42%

1.,..
1

(Un)

Finance

Pepsi-Cola
Consolidated Edison

Dec

1

(Ull)

44% Aug.,,;
93 V* Feb 5

Apr

75

320

"al7% al7%

Dec

59'/a

"

200

.17%

t

.

1%
423/b

235

17%

a39%

T

—

Clay

6%

Jan

15:% Mar,

..33% Sep:-

244

6

-

38%

.

25

59%

6

„

*

(Un)

Sep
Sep

29%

(Un)

Gas

1.30 Mar

Sep

12

42

6

;

18

54V4

292

1

Co.

Co

Pacific

*

62'% Mar
38'/a

Dec

RR

l

Oil

Pacific

42% Aug
Feb

Dec

-

67y2c

300

__

•

(Un)

Edison

1%

-

50

July

•

22%

Sep

19

-

300

1%

*

Iron

Solvents

Commonwealth

-85c

a45% a45 %

—

10

a

Multinlier

Colorado

«

>34% a35 %

a35 Va

-25

40% Mar

552

._1

(Un)

Co

Edison

Ohio

••

Jan

33

Oil

Rights

12% Mar
6% Mar

-

Sep

40% July
14% Dec

453

-

85c

i._-'

1

Chicago Milw & St Paul pfd (Un)__100
Chrysler Corp
i
;
-—25

RR

Aviation Ino

Pacific

Pacific

110

20'4 -20'4

14

1»

Jun*

33(4

10'-

Co

Amer

5 %

Eureka

Central

35

60%

5

i

Northern

20

a49% a50'/4
•

__

26%

Oct

2LV*

-

100

16%

*

b

-3%

144

al6'4 al67/8

__

21%

-

213
400

-

a23 a23%
a9

10

—,

(Un)

20

9

5%

a9 Va

1>

<Un)_

Corp

a23% a23%

-

5%

251

a.

:

(J II Co (Un)—-

Celanese

a23%

2;.

320

1.75

23% Mar

1

1

22 Va Mar

33y4

1*

(Un)-i

Central

OH

North

•

11

5

Oils

Canadian; Atlantic", Oil!

Sep

60%

—

1
,

Corp

Norris

f

16y2 Mar

Sep

"

(Un)

(U11)
(Un)

National Theatres

Dec

80 (4

'

National

Oceanic

California

Feb

18

•

__

5

Lines

City

National Gypsum

'

8

-

10.

High

70c

'110

a387/8 a39%
a20% a20%

.

120

1

.—

;

Sep

771/4

•

8%

9.-

Byrlington Mills Corp (Un)
Byron Jackson Co

12%

♦

77

;__10

preferred

conv

•

9%

9%

_L———

Finance 7%. preferred

Budget

20

5,450

a21a21%

__

—1 ;

—

Nash-Kelvfnator r(Un)

;

Mar

5

Jim,

59%

5;
10

<Uii>.

13%

a

--

3%

.

Low

1.70

Mar

38% July

6,485

Range for Year 1953

High

60%

*

5c

11% -11%

Corp (Un).

Broadway-Hale Stores
Budd

al3%

.

.4%

-

—5
3

Inc

Shares

1.55

a39y8

Montgomery Ward & Co Inc (Un)

National Distillers
Bolsa

(Un)

1.65
—

Motorola

57%

7%

135

Inc

Feb

Sep

2c

1,562

Co

1

Sep

8%
67

44%

-

10,000

8%

Jun

55% Aug

393

53

.

8%

a51

:—5.

-

17

Dec

5%

7,297

53

.

11%

500

12V4

a62 a63 Vz

&

Petroleum

for Week

of Prices

Low

16%c

11%

11%

2

(Un)

-

18%

10

*
10c

Diamond Corp

Blue

760

Sales

Range

Par

High

20%

5

Bethlehem,Steel .Corp (Un)
BlacK
Mammoth
Mining

Low

Week's

Last '
Sale Prices

12%

14%

,

20c

Aviation

Friday
STOCKS

3%

i

common

22

Range for Year 1953

Shares

High

-

JANUARY

19%

201/4

1

Bankline Oil Co
Barker

of Prices

Low

_100

(Un)

ENDED

for Week

Range

Sale Price

WEEK

FOR

Sales

Week's

-

•

/

745
1,628
747
76
240
100
100
83
80

225
320
780

37%

July
Jun

74%

Dec,

44 y4 Aug,
113

Mar,

106 %

Jun

21%

Dec

31% Mar

35'/4

Apr

47%

23% July
,

,

6 Va

Sep

Deo

29 % Mar,

7'A Aug,
31

Mar

24 y4

Sep

33%

Sep

44

41

Jan

61

Dec

14 Va

Feb

19

Dec

10%

Jan

Jan

13% July

17%

Sep

17%

Sep

liy2

Nov

15%

Apr

24%

Jun

29% Mar

41%
40 Va

7%

43%

Jan
Sep

Sep
Dec

46% Aug
51%
10

Dec
July

46 % Mar

1

Martin

(Glenn

Mascot

Oil

Mathieson
McKesson

Menasco

L)

275

Feb

York

1.25

300

1.20

Oct

1.70

Feb

Youngstown Sheet

41%

41%

341

38%

Oct

41%

Dec

18

a39%

40

71

34%

37%

Dec

1

2%

3y8

1,900

Apr
Sep

1

Robbins

(Un%

Mfg Co

For footnotes

see

page

18

1

Chemical
&

18

'1.25

5

Co (Un)

Co

45.




1

1.25

a
.

12% July

_

2%

18

4% Mar

Zenda

Corporation

Gold

Zenith Radio

(Un)—.—
& Tube

Mining
Corp

Co_
(Un)

(Un)

1
•

10c
•

„

—,

,7c!

24,/q.~24,/a.
40
40
7c7c
a647/a a64%

100

315
12,000
25

20% July

20% July

Sep

44 V*

Feb

6c

Aug

13c

Jan:

69%

Jun

72

Oc*

35

The Commercial and Financial Chronicle

m • (426)

Monday, January 25, 1954

.w

OUT-OF-TOWN MARKETS
RANGE

WEEK

FOR

ENDED

JANUARY

23
Week's

Friday

Midwest Stock

Exchange

A compilation of the round-lot transactions

Friday

Par

Abbott
Acme

Laboratories

Steel

Advanced
Aetna

Affiliated. Gas

A Ills

22

Bearing

Chalmers

47 Va

Jan

26%

Jan

18%

Dec

32%

8%

50

6%

Feb

8%

300

6%

Dec

10% July
8% July

8%

1,000

7%

Dec

10 % Mar

Iowa

Illinois

Gas

3

Sep

5% Mar

Iowa

Power

&

8

3%

—1

200

1,500

23%

47%

48%

300

41%

Apr
Oct

12

12%

3%
26%

12%

5,500

11%

Sep

12.50

37%

Shoe

International

Tel

Interstate

American

Machine

American

Rad

&

Foundry
San (Un)

Jan

59

Jones 8c Laughlin Steel

A

50%

Dec
Jan

Katz

23%

23%

300

14%

14%

158% 159%

3,400
5,800,

62%

800

61%

Sep
19 % Sep
12%

24% Mar
15%

Sep

11%

11%

1,100

50

31%

31%

31%

1,200

10

Armour

Co

&

<Un)

Corp

36 %

36

36%

400

(111)

152%

161% Jan
77% July

Jun

59%

Dec

'

$1.50

20%

9% Mar

Topeka

Products

Atlantic

preferred
Santa Fe___

&

Apr

Avco

Mfg

Sep

Lainson

18% Mar

Dec

26%

26%

100

22

97%

100

(Un)

Bastian-Blessing Co
Bearings Inc
Belden
Manufacturing

5

1,100

1,400

26%

9%
■46%

1%

500

3%

Sep

2,700

9%

800
400

48

400

1%

550

4%

30

Dec

1% Mar

Apr

1,300

%

Dec

Brad

2%

Dec

6%

Gear

Shoe

Co

Butler

21%

(Glenn

Portland

Miller

Illinois

Brick

11%

Jun

Apr

21

'May

77%

200

66

Sep

85

Mar

3%

2

July

100

61

Jun

Portland

10%

Dec

Muter

16% Mar

11%

11%

600

10%

Dec

16.%

16%

16%

500

13% Sep

17%

18

17%

18

200

15%

17% May

12%

12%

200

11% Sep

15%

23%

800

21%

33% Jan

1%

200

Jan

Dec

%

Dec

400

18%

Dec

3%

100

3%

Oct

50c

2%

2%

300

2

Nov

Ward

23 %

23 %

23%

900

18%

Jun

20%

20

20%

1,500

17%

Jun

35%

1,700

11%

350

Chicago Towel Co $7
Chrysler Corp

60%

pfd

conv

Cleveland

Clinton

Iron

Co

Ilium

convertible

Consumers

69*4 July

95%

19%

400

16%

22%

54%

54

100

22%

Jan

23%

27%

253/4

Jan

13%

1,300

38%

39%

38%

38%

Power

13

39%

preferred

25

Co

39%

1

8 %

30%
5%
8

7

32

25

Deere

&

Detroit

Laboratories

Inc (AlanB)

Emerson Radio

>■..
n -•

h

Co

&

1,150

8%

2,000

33%

22%
48%

15%
5%
12

General

Telephone Corn

Utilities

5

20

Refrigerator Co

1

29
— —

—

mm

mmmm

Stores

21% Sep
41% Jun

28

4

Oct

9

Oct

V4 Jan

47%
.

Dec

21%
—

Bros

Cooperage class A
Greyhound Corp (Un)

3

,

Western

—

18%

Organ

9

Jail

12% Jan

Harnischfeger Corp
(G) Brewing Co

Heln Werner Corp

Huttig Sash & Door

13%

.

Illinois Central RR

1

Products

Power

&

Co

Light

For footnotes see page 45.




400

27% Nov

39%

1,200

53% Sap
29% Dec

65

Apr

1,100

42 Va

Jan

450

5% Dec

6%

6%

17%

1,500

17%

17%

300

18 V.

20 Va

1,200

40

40

28%

30

•

100

550

Pfizer

25%

Sep

17'%

17

Oct

19% Aug

26

34% Mar

3%

3%

100

5%

Jan

18%

21%

6,000

18%

Dec

25%

Jan

23%

22

23%

1,100

15%

Sep

22

Dec

Dec

23%

Feb

3

Sep

18'%

1,850

20%

20%

1,200

19 %

Jun

56

57

300

53 %

Sep

14%

14%

14%

8,100

12

Jun

41%

42%

1,300

37%

Jun

43%

15

14%

15

13

Jan

17

18

208

17

16%

17%

1,350

15%

Sep

18%

Feb

38%

39 Va

1,100

34 V.

Jun

39%

Jan

A

A

32,700

59

58%

59

400

50%

Apr

27%

27%

27%

500

23%

Jun

37/a

3%

4

1,400

3% Dec

2,100

8%

Sep

11% Mar

200

25%

Oct

29% Mar

(Charles)

Corp

Phillips

Co

Pressed

8c

23%

Jan

Dec

5%

Jan

12%

300

10%

Dec

16%. Dec

23%

2,000

10%

15% May

34%

Feb

36% Jan

100

48%

Sep

10

Dec

59%
10%

8%

200

7%

Jan

1,200

29%

Jun

37

Dec

43

500

35%

Sep

43%

Jan

29%

500

25% Aug

30%

Dec

23

24

900

21%

NOV

29% Jan

3%

Jan

24

5%

5%

500

9 Va

800

5

9%

8%

14%

14%

15

•

50 Va

49

50 Va

"~2.50

6%

7

__

•

5

..

St Louis Public Service A common

—

7

1,000

2,200

8% Sep
14

Sep
41% Sep
5% Jan

39 Va

700

26%

1,200

22%

Dec

19 %

19%

100

18%

Dec

38%

*
—

400

26%

10

B.

37%

2,800

12%

Jun

600

17%

Sep

23 Va Mar

22%

400

20 Va

Sep

27%

Jan
Dec

Sears Roebuck & Co

•

Signode Steel Strapping Co

1

603/4

61%

900

5614 Apr.

62%

18

17%

18

350

14 V.

Oct

18 % Mar

36%

36

37 Va

30%

Sep
Jan

43 Va Mar

Society Brand Clothes Inc
8ocony Vacuum Oil (Un)

1

5%

5%

5%

1,700

Feb

15

37%

36%

37%

2,000

30

28%

29

400

23% Jun

28% Mar

South Bend Lathe Works

5

25 Va

25%

25%

350

22

45 Va

4534

900

34"! a

45 %

14 %

Feb

58% Mar
10 % July

July

13%

50

19%

21%

2,800

18 %

Dec

20 Va

Oct

2%

2%

100

1%

Sep

3%

Apr

17 Va

18%

1,300

15 Va

Jan

19

13%

1,800

12%

Jan

14

Dec

13 34

14%

Dec

19 3/4 Mar

Sep

50% Mar

22%
9%

*

2,500

4%
1

6 Va

Oct

Sep

37%

Jam

Oct

273/4 Mar

Spiegel

(Un)__

Pacific

-5

Co

13%

Sep

161/4

36%

Dec

49 Va Mar

100

5%

SeD

9% Mar

55%

300

49%

Sep
Sep
Sep

59%

Jan

81

Jan

78%

Jan

15%

16%

38 %

39%

-2

6%

67

Standard

Oil

Standard

Oil of

Indiana

125

72%

74

600

65%

Standard

Oil

N

J

.15

76%

74%

76%

900

67 Va

Standard

Oil

Co

.10

36 %

35%

36 %

500

31V4

Oct

38%

Standard

Railway

-1

9%

9%

9%

100

8%

Dec

13

-5

21%

of

•

California

(Unl

55%

Feb

2,800

1,000

8

16

38%

(Un)

Inc

Mar

41%

—

Southern Co
Southern

Mar

650

—

Corp

Dec

500

23

Feb

13%

Feb

Sep
8% May

Feb

21%

35

12 % Mar

14%

Aug
Nov

13%

Apr

45

38

21%

29

400

49

21%

Dec

21%

1,150

500

6%

13%

32%

10

Jan

52% Mar

21%

69%

56%

5Va Dec
14% Mar
19%

22%

12

11% Mar

9%

Oct

1.40

(Un)

91

55%

Dec

9%

_5

Industries

Sep

8%

Mar
Mar

36 Va

8

50c

Rockwell Spring & Axle

69
18

11% May

423%

"IIII1

Rexall

8% Sen

29%

•

_

50

100

9

36 3/8

5

Richman Bros Co

42%

Dec

26 Va July

42%

^.

.

of America (Un)
Theatres Corp (Un)

Sep

27%

36 Va

■

•

Corp

29%

200

9

__

Indiana

(Un)

Oct

300

29%

59%

1

of

34%

33

103%

59%
mm —

Co

35

32%

«...

•

Co

200

Jan

29

12.50

Apr

38

Jan

1,000

14%

Sep

Sep

Jun

17 Va

1

_

Oil

18

14%

Co

Corp

Sinclair

Aug

17 3/.

Quaker Oats Co

RKO

15

Oct

2%

14%

Co

Pullman Company

Radio

—

3

Car

Service

Jun

17%

17%

(The)

Steel

Process

Public
1

—

12 Va

300

.33 %C

(Un)

Petroleum

Potter

.

IIII5
25

100
200

3%

11%

,

—

14%

14%
18

1

—

c

18%

3%

2

...

—

83/4

Oct

Jan

10%
27%

533/4

5

6%

10 %

67Va

28

57% Aug
Dec

27%

27%

100

300

Feb
Aug

17%

6,800

400

23 Va Mar

70% July
14% Mar

39%

64%

14%

4%

Oct

Nov

21%

10%

a

Jan

38

90

5%

Feb

30% Sep

62

33 3

•

Dec

15%

10%

5%

.

16

10 Va

Phelps Dodge Corp (Un)

Apr

Jan

8% Mar

'

50

Schenley

47%

3

4%

43 8

2,700

3% Dec

9Va Jan

Sep

26

Dec

Dec

22

Feb

23

23

100

18%

19

19%

150

16 Va

22%

22%

450

20% July

23% NOV

9%

900

11%

37%

300

38

Dec

41%

Dec

23%

23V4

50

£1

10

10

10%

150

80

80

200

18%

18%

300

40%

40%

100

Equipment.

Stewart-Warner Corp
Container Corp
Storkline

Furniture

Sunbeam

Corp

(Un).

&

1,400

23 Va

Feb

10

450

9%

Sep

10 Va

Feb

17%

17%

50

18%

Nov

21V4

Jan

20%

21%

1,300

20 Va

Dec

43 %

Feb

32

32%

400

27

Jun

38

Dec

20%

-1
_•

Machine Tool

Bunray Oil Corp
Swift

22

9%

.10

__

21%

__1

Corp

Corp

Sundstrand

Jan
Mar

—5

15%

15 y4

15%

1,900

14%

Feb

17% NOV

1

18 Va

17 %

18%

2.600

15%

Sep

21% Mar

44 Va

44 Va

1,300

35 Va

Jan

60 3/4

60%

60%

600

43 V.

43 V.

100

(Un)

Co

16% Sep

-25

44 V.

Deo

57%

Jan

Jan

37

(Ohio)—

Stone

Studebaker

10
>.

29%
613/8

27%

St Regis Paper Co

14%

1

common

Co

Jan

Dec

1

(Un)

Dec

25

-

Spencer Bartlett

Nov

(Un)„1

Airways

RR

Apr

46%

10

36

Jan

Jan
Mar

33%

«...

10

—

convertible prior preferred-

8%

Dec

27%

41

33

•

_

39%

14 Va

1

—

(Un)__

_

Sep

2%

10%
59Va

1

(Un)

Car

World

Oct

17% Jan

Dec

60

40

""2%
—

16% Mar

47%

1

Co

Motor

American

63/4

400

£

28

19%

«

31%

Oct

50

«

Electric..

&

100

Jun

35%

17

com—5

—

Drug (Un)
Reynolds (R J) Tobacco class

Mar

2

Co

(Minn)

(Uni

Gas

400

2 Va

35%

—

100

13% Feb

13

Jan

25

Brewery

Gulf Oil Corp

Co

7%

12

'*

Feb

Jan

1

(Un)—

Raytheon Manufacturing Co
Remington Rand (Un)
Republic Steel Corp (Un)

140

Aug

14% Sep

Dec

13%

Great Lakes Dredge & Dock
Lakes Oil & Chemical

Great

Steel

108

Dec

Feb

4

Sep
34%. Jun

32%

mm

Co

Jun

10

I

8

39%

32%

Goodyear Tire & Rubber Co

Indiana

100

17% Jan

8% Dec

5%
43%

500

88%
.

64%

(Un)

Indianapolis

Jan

Oil

Philco

Jan

43%

Sep

27V.

Dec

Dec

1

Co

7%

•

(Un>___

12

Jun

10%

11%

8%
2

100
1

•

80

18%
—

8%

8% Dec

Mar

Texas Co
Texas

(The)

Gulf

Producing

Sep

28

8V4

Oct

66%

Sep

10% Aug
86 3/4 Feb

14%

Jan

24% Mar

Transamerica

34%

Jun

41% Dec

Trav-ler Radio

Thor

Power

Toledo

Trane

Tool

Edison
Co

.25
-10

(The)

Corp

54

Mar

17%

18

650

15%

Sep

19 Va Mar

12%

12%

12%

800

11%

Jun

13 Va Mar

.2

38%

3834

39%

1,900

2614

26%

400

•
"

4__

18

.5

Co

Co

Corp

■

49% Sep
35
Feb

.2
_1

2 Va

2%

900

26 Va Aug

37 Va

Dec

23%

8ep

28 V»

Deo

Dec

3 Va

Jan

1%

•

w

A

Edison

Pepsi-Cola Co

Dec

Sep

Power

States

Pennsylvania

Jan

500

500

1

common

30

30 %

117

Jan

23% Jun

300

300

18%

5%.

Apr

25%

91%

6%

1,200

20%

Class B_

8% May
9% Feb

23% Sep

5,700

5%

1,300

Public

Brick

15%
12

2%

General

(Un)

34

Jun

Aviation

38%

_

38%

6

Illinois

11

13%

Package Corp

Heileman

200

2%

General

Hibbard

11%

13%

5

Hammond

315

2%

Corp

Hallicrafters

12

13 V4

Corp

Orlesedieck

105

1

Motors

Greif

500

5

Corp

(W Hi

500

49%

11%

5

Finance

Drug

23 %
135

11%

5

2.5o

400

132

135

5

10

300

9%

1
Inc

Auto.

9%

105% 106%

9%

106%

Jan

6%

1

Patterson-Sargent Co
Peabody Coal Co common

13,300

Electric Co

Gray

Sep

A

General

Cos sard

Dec

7

12 %

General

Gibson

5%

900

37%

General

Glldden Co

25% Sep

100

34%

15

Corp

Candy

200

5%

11%

•

Transportation

Box

General

30%

34%

5%

Dec

Parker Pen Co—

11% Mar

12%

'

61

39%

—10

Pan

40% Nov

Dec

400

1

Gamble-Skogmo Inc
American

Apr

~7%

1,000

10

Phonograph (Un)

Four-Wheel Drive

General

35%

300

291/4

*

18% Mar

Jan

563%

...10

Packard

4,500

28%

5

(Un)

FaLstaff Brewing Corp
Flour Mills of America

Gen

600

a",
8%

29

lOo

Paper Corp
National Watch

Elgin

39%

27%

American

Paramount Pictures

37% Dec

—

(EI) de Nemours (Un)

Kodak

Jun

5

Eastern Air Lines Inc

Eddy

32%

10

—

"A"

Eastman

300

29 %

25% Mar

Jun

6%

\

—10

RR (Un>—.—

Ry

Ohio

37% Dec

28%

3?

Mont

Jun

20

Rights

Class

32%

~8%

Dow Chemical Co
Du

12,000

10

Co

Dodge Manufacturing Corp

du Pont

15

1

Company

Edison

30%

10

Curtiss-Wright Corp (Un)

—

Mfg.

&

Central

Oklahoma

Jan

12% Dec

8%

•

Rights
Continental Motors Corp
Crane Company
Cudahy Packing Co

Sep

12%

500

7

'

Apr

44%

39%

Rights

29% Mar

13%

—

Oak Manufacturing Co

Oct

700

49% July

Co

Tile

York

Ohio

Dec

27%

25

common

Sep

54%

•

4 V»*

22%
■

56 %

6%

5

Lead

Northwest Bancorporation

Jan

100

•

60 %

5

Northern

Jan

27

38 V* Mar

50

300

1

Nunn Bush Shoe Co——

% Jan

300

27%

1,400

350

North American Car Corp

Dec

96

2,300

27%

•

(Un)

125

Dec

60%

19

1

2% Jan

2,900

18

3%

5

(Un)

Cylinder

Northern Pacific

Feb

117% Mar
58%

9,950

10%

North American Co (Un)

Nov

12

82%

5

Columbia Gas System
Commonwealth Edison

$1.32

Co

Inc

Inc

41%

Sep
Aug

59%

—1

common

10

43%

27%

50c

_

_

Kelvlnator Corp

North

Mar

82%

10

Electric

Foods

Coleman

118% 118%

*

25

Service Co

323%
11

29

33

.3

Company

National

20% Mar

11 %

Apr

34%

.

6%

•

Co

Jan

5

29

&

National Standard Co

Feb

10

34%

10%

92 V.-. Apr

8
66

200

2Va

—

National

Aug
5% Mar

Dec

Cement

Gas
National Distillers Products

3% May
23% Dec

11%

Jan

Aug
Sep*
Sep

-

19% Mar
39

1

Nash

26 Va

3%

35%

Feb

500

24%

4% Mar

Sep

2,100

59%

-

17%

39%

'

•

Inc

National

Feb

2%

19%

25

9%
101

-

80% -Feb

38

"

Jan

17

*

Chesapeake & Ohio (Un)

Nov

Sep

*'

29%
Motorola

65% Feb

200

Chic South Shore & So Bend RR—12.50

16%

50

Jan

3,100

26

Jan

61

56%

14% Aug

17%

200

14V.

,

100

27%

1

100

26%

200

16%

10 Va

-

2%

450

26%

153/4
39

—

12%

•

Dec

6%-

•

20%

1

Service.

10

17Vi

—

III-1

common

11%

2%

$1.50 convertible preference

Cleveland Cliff's

Inc

20%

1

Corp

Jun

10%

1

Utilities

Hart

&

—

20

Central Illinois Securities Corp—

Cities

4

Inc

25

20

8%

24 V.

18

Missouri

1%

900

650

T

59%

24 Va

Jan

lVa

10%

4%

•

19

1

Sep

9%

—

Sep

11%

Biscuit

Public

•

(Un)

Co

Cement

15%

60%

Central & South West Corp

Central

L)

400

2%

Celanese Corp of America

Apr

2%

96

—

17%

11%

Cenco Corporation

21%

200

34

17%

23%

Jan

17% Sep

3

*

16%

9%

17%

25

13 %

200

15%

'

-

16%

10

5

Dec

20% Mar

Dec

20

10

101

Mississippi River Fuel

12.50

33

Jun

17% Sep
11

-

68

39

Minneapolis Brewing Co
Minnesota Mining 81 Mfg

15

Brewing

—

Jan

60%

(Un)

10%

*

Jun

2%

26 %

900

2,000

3

—

57%

77%

1,200

Mar-

19%

__

Sep

77 %

32%

Jan

24 V*
30

68

20

,

44%

New

Oentlivre

13

500

•

(Un)—

Carr-Consolidated

183%.

11

53%

15

Brothers
Pacific

18%

52%

20c

Inc

Budd

Canadian

18%

53

5

Company
Burlington Mills Corp
Burroughs Corp (Un)
Burton-Dixie Corp

22% Nov

•

Works

Foote

200

»

1

Montgomery

Brown

27%

32%

27%
32%

*

26 Va Mar

Sep

Co

Oil

Middle South

Aug
l3i-Jan

3,700

%

Jan

22

19%

1

5

Jan

10%

19%

•

Mickelberry's Food Products

51% Aug
2%-Mar

4%

10

20 %

Sep

400

_

Marshall Field & Co

11% Mar

Jan

8%
45

12

Corp

Dec

9%

21%

1

Borg (George W)
Borg-Warner Corp

13%

300

21%

10

Co

common.—

Metropolitan

3%

21

Co

Martin

8% Feb

Dec

n

Binks Manufacturing Co
Booth Fisheries Corp

2,300

11

213/.

1

preferred

Medusa

Jan

4%

(Un)

Feb

15%

,

-

31% Mar

Lonergan Mfg class B

Nov

5%

1

10

40%

Jun

8.75

Feb

(Un)—lp

Co

Dec

27% Jun

•

Lion

Jan

9%

Sep

4%
5

•
50c

38%

99% Jan

5% Oct

7%
30%

6%

4%

13

.

Benguet Consolidated Mining
Berghoff Brewing Corp
Corp

28%

89% Sep

30

Sessions

&

&

$2.50

12% Mar

Dec

3

Baldwin-Llma-Hamilton

Steel

6%
11%

97%

Corp_J

Bethlehem

2,700

4,700

7%

600

.

Nov

38%

*

;

12% Mar

22 %

Llbby McNeil & Llbby

9%
14%

30%

58 Va

400

Lindsay Chemical Co common

9%

13%

1

Sep

9% Nov

300

—4

43%. Jan

9%

3

49

O

1

—

(Un)

Sep

13%

10

Co

200

30%

-

31%

•

Automatic Washer Co

200

25%

*•-

—

455a Feb

50

Corp

Refining

—

_

Dec

5

2nd

convertible

Atchison
A they

Co

29

1

common—

Ashland Oil & Refining common

10%

57%

25%

1
Kelley Island Lime & Transport—
;
•
Kennecott Copper Corp (Un).:
33%c
Kropp Forge Co

Feb

Leath
Steel

Jan

■

Drug

Laclede Gas Co
5

38%

25%

l

Kansas City Power <fc Light
Kansas
Power & Light
(Un)

25

62%

(Un)

1

Chemical common

&

33% Sep
43% Sep

common

Anaconda Copper Mining
Armco

1

21%

Oil Development—

Class

Alum

(Un)

100

158%

Sep

30%

200

25

American Tobacco

Jan*:

28

10

Co

47%

14%

33

14%

*

Electric

&

24

37

_•

32% Mar

Sep

30% July

47%

100

15

~3~50

Light

Jan1

48

Sep

24%

10 Va

_•

(Un)

& Tel

Co

Power

23%

7

& Stand

200

36%

26% Jun

38%

38%

——

1

American Tel & Tel Co—

Amurcx

Co

39% Nov

< 111

32 Va

600

|

10%

—

•

10

American Cyanamid Co
Investment Co

American

1,400

1

15% Jan

300

International

Kaiser
American Can Co

50

29%

i

High

57%

—

7.50

International Paper (Un)

8

26%

28%

Jan

100

8%

•'
—

Sep
Dec

15

43 Va

31%

32 V.

&

Ltd

8

•

(Un)

39%
20%

Chemical—5

Mineral
Packers

Low

29

29%

Range for Year 1953

High

28 %

—.

j

*

Shares

42%

43%
.

International

8%

1

Mtg

American Airlines

600

1,000

Low1

IIII*

International

High

of Prices

•

Co

Harvester

20%

1

<Un)

Laboratories

Steamship

International

20%

5

Equipment

Alleghany Corp
Allied

46%

21%

Castings——5

Roller

&

Low

Co

Steel

Interlake

Range for Year 1953

High

45%

1

Aluminum

Ball

Low

10

—

Inland

Sales
Shares

5

Co

Corp

Par
•

Sales

for Week

Range

Sale Price

for Week

of Prices

Last

.

only

Range

bale Price

Admiral

Week's

Last

BTOCK3

STOCKS

Volume 179

Number 5293... The Commercial and Financial Chronicle

(427)'

3*

OUT-OF-TOWN MARKETS
RANGE

Friday8TOCKS

Last

Range

Sale Price
Par
Tri Continental

Truax-Traer
20th

Corp

La

Oil

United

of

Air

S

S

Steel

17%

700

13%

Sep

16%

17

500

15%

Dec

20%

21%

21%

200

14%

Oct

21

Dec

59%

59%

60

55

Jan

60 % May

_1
•

Carbon

•

Iron

73%' 74'A

__

(Un)

~

Telegraph

Electric

Wisconsin

Public

Wooiworth

(F

Yates-American

Jun

44'A Aug

Allis-Chalmers

21%

Dec

32

American

30%

30%

100

23%

Sep

31% Jan

—

40 ft

&

Sep

44ft

7%

Sep

12% Mar

24%

100

Nov

29

22

Eroad

IT—-10
10

Jan

American

Factors

Ltd

41%

200

54%

1,000

28%

600

Sep
23% Sep

14

100

13%

Jun

15%

15%

1,300

13

Jun

29%

29%

2u%

500

24%

Jun

29'A

Oct

American

19%

19%

19%

200

16%

Jun

19%

Dec

45

45%

600

42%

Dec

45% Aug

10%

Aug

American Potash

Dec

American

Radiator

American

14% Mar

350

9%

Oct

14%

Jan

500

34%

Sep

47 Va

Jan

Common

Chem

&

tt

Tel

&

Tel

Viscose
Woolen

Par

American

Stores

American

Tel

Co

&

_»

II—100

Tel

Arundel Corporation
Atlantic

Citv

Elec

•

Co

10

Co

Baldwin-Lima-Hamilton

13

_

Baldwin

Securities Corp.—
Baltimore Transit CoCommon
$2.50

Budd

~ic

Oil

1

I.

preferred

Company

Capital

Corp

Chrysler
Curtis

Co

ZZZ-'-25l
Co

1

Power & Light

13 %

common

Duquesne Light Co
Electric

Storage

10

I_—•

Battery

Co

of

Garfinckel

4%%

conv

5%%

Motors

Gimbel

A

preferred

Hecht (The) Co

Lehigh Coal &
Lehigh Valley
Martin

5

"5
common

——15

Navigation

4

Mar

6

Dec

31

Nov

Basin

Oil

Bendix

28'%

28%

8

19%

104

10%

Dec

60%*>

8

16"% Mar

520

11%

Dec

12%

1,802

58%

Dec

96

5%

8%

28%

123

29%

548

28%

28%

29%

26%

26%

Jan

Sep

8%

Apr

27%

Dec

31%

Nov

23%

342

108% 110
370

370

37% May

div

Electric

preference

Philadelphia

common

Dec

dlv

Boing

&

Gas

Co

Bunker

California

&

Co

mortgage

Pacific

(J I)

Oil
Rv

60

18'A

Dec

19

Oct

CeJanese Corp of

Central

Co

(Un)

12%

America

•

35

23

23%

645

21%

Dec

24%

Oct

Chrysler

25

60

7%

Oct

11%

Jan

Corp
Cities Service Co (Un)__

10

a83%

Dec

22 ft

Jan

Colorado

__

18%

17%

18%
28'/a

14%

100

28'/8

^100

Eureka

Corp

&

Fuel

1

Iron

•

18% Mar

Sep

Columbia

Broadcast Syst class

Columbia

12%

13%

13%

13%

451

11%

Sep

35%

35%

36%

1,991

30%

Jun

Gas

14% Mar
36

System

Solvents

Home

Joy
Lone

Walker

(Joseph)

Commonwealth

Edison

25

—

Jan

Consol

Jan

Consolidated

Chemical

Ind

class

A

17%

18

2,013

16%

Dec

23%

44%

252

40%

Jun

52%

38%

38%

95

33%

Sep

41

32

32%

160

30

Oct

31%

Dec

327/a

33%

3,477

28%

Sep

33

Jan

Continental

Motors

(Un)

25

Mar

Continental

Oil

(Del) (Un)

33%

237/a

23%

42

20% Jun

4%

1,289

6%

2,190

29

29%

465

5% Sep
3% Sep
26% Nor

16%

17%

42%

Mar

6%

6

!

29%

4,497

16%

7%

Jan

6

Cons

Nov

Nov

43% Nov

Jun

42%

50

26 %

26%

889

24 %

27%

150

24%

Jun

27%

Feb

26%

27

80

26%

Oct

33% l Jan

400

21

400

76

70%

76

42%

69

71

Nov

4C5

1,400

70%

968

(Un)

Star

Natico

4%

5%

34%

34%

Co

1

Curtiss-Wright
Di

5

$2.50

convertible

Plate

31%

1,062
20

28%

29

70%

Deo

Dow

Jan

Du

Mont
Pont

640

4%

Jun

Renner

Rockwell

&

30%

Jun

30%

Oct

105

135

26%

Feb

Co.. (Un)

1

Oct

(Un)

1

Co
Fields

Oil

Co

Nov

27%

El

El

109

1,500

108

Oct

110

Nov

Week's
Range
of Prices

Low

31%
__

9%
13%

San Toy Mining
United Engineering

Westinghouse
Westinghouse
For

lo

__

28%

__

__

Air

Foundry

Erake

Electric

footnotes

5
lOc

k

see

Ail

Lines

Kodak

Dorado

Paso

A




200

5

133

20%

785

27 Vu

29V-i Aug

Jan

100%

Jan

30% Aug
30

Mar

Dec

1.10

Jan

4%

Dec

8%

Feb

20%

Oct

30'A Mar

22c

52

52

9
5

11

256

2.45

2.60

17,253

a49% a51%

222

% Mar

Jan

Dec

2.00

13% Mar

Dec

10

3.00

Feb

77%

48'A

Oct

37

July

75

54%

Jun

57%

Oct

118

a59 a61%

76%

66%

Oct

8014

Apr

18 ft

Jan

17%

Feb

all% all%

50

11 %

Dec

16%

16%

232

13%

Sep

18 ft

100

17%

Sep'

3%

22% Mar

Oct

3%

5%

Apr

3%

2,737

15

16

405

13'A Mar

17 % May

16%

17

270

15

Sep

18%

Nov

23%

25%

675

20%

Oct

27%

Jan

45

'■

Sep

12%

Dec

5%

560

3%

Sep

a23% a23%

185

22 ft

Nov

33%

Dec

24%

Jan

Oct

63 ft

Jan

5

11

14%

17

150

49'%

50 ft

454

46

225

19

Dec

6% Mar
Jan

38% Jan

88c

500

62c

Dec

1.35

Jan

34%

35

454

33

Dec

41 %

Feb

a46

135

42%

Apr

50%

Jan

59%

60

1,536

60

Dec

95

a82% a83%

139

71%

Oct

94 ft Mar

15%

SeD

20'

48%

Jan

:Feb

17"%

250
10

40 %

Feb

881

12'A

Dec

15

5

17%

Nov

21%

Jan

38%

488

32%

Jun

37

Npv

61

341

67

Mar

42%

42%

605

a55% a55%

42

173/4

.

Nov
Jan

55%

Jun

35%

Jun

a__

—

18%

20%

2,238

15%

a8%

5

7%

Dec

42
a__

—

Sep

22%

Sep

11% War
56'A Jun

Fpb

50

Oct

68

Mar

72%

Oct

26%

Jun

35%

102%

102% 102%

113

91%

Jun

102%

pec
Feb

a23%

a23% a23%

114

22%

Sep

31%

Feb

8

407

6% Aug

8%

Apr

8

8%

492

7

15

15 ft

690

14

Feb

56%

Apr

__

Capwell

Plantation

Machinery

Co

a55% a55%

35%

8

for Week
Shares

4%

Range for Year 1953

Foods

High

Low

31%

101
150

15%

High

25% Sep

i8%
914

200

13

13%

485

7

'7%

584

28%

321

23%

23%

38%

Jan

22% Mar

Sep

8%
'

Jan

9%

Oct

734

Dec

15%

Jan

5

14 ft

14%

56

414

414

26%

33.%

12%

233

25%

20%

218

25%

24

73^
1%

Dec

8

30%

Mar

Dec

4

Jun

Sep
Dec

5

__

19%

15% Mar

(B

Greyhound

Hawaiian

Co

(Un)

Corp

7%

10

*

-

a

9% Mar

996

Hudson
Hunt

10

31%

Sep

23

6%

Jun
Jan

29

44%
__

a39%

—

—
—

|__5

(Un)

16
—

—

29

Jan

8% Mar

7

(Un)

(Un)_

non-cum

pfd

10
(Un)..*

34%

Dec

42%

Jan

Jun

Dec

17%

Jan

Apr

8%
92

107%

Dec
Jan

23

23

100

22%

Aug

27%

50

446

41%

Jun

47%

5%

6

1,650

4%

Aug

7%

36%

37%

379

31%

Sep

37

Mar

42%

1,223

37%

Sep

4(5'A

Jan

20%

44%
20%

a39%

a40

515

34

90%

559

67%

Feb

a59% a59%

65

52%

Jan

60%

Dec

54%

Sep

69%

Feb

Sep

12%

Apr

110

62%

64%

1,366

10

10

725

19%

Dec

Oct

9

Corp
Car

Motor

Foods

6%

Idaho Maryland

Mines Corp

16

16

150

13%

Sep

17%

Apr

28%

28%

208

24

Jun

28%

Dec

50

36

Feb

47

Dec

15%

Jun

26

a47% a47%

Nickel

Co. (Can)

Jun

International

Paper

Co

(Un)__

83

Oct

150

62%

Sep

75 ft

Nov

a54% a56%

137

44%

Sep

54%

385

48

Sep

58 % Mar

735

12%

Jan

14

1.658

19%

Nov

a56
—

50
13%

50
13ft

21%

23

al9%
—

a33%
6

12% 12%
al9% al9%
3%
3%
a33% a34%
6
6
57 57%

Jun

66

Jan

International

Tel

com

26 %

Oct

32%

44%

Sep

58% Mar

6%

Dec

9%

Intex

Oil

Tel

272

18%

Dec

21%

Nov

6c

500

5c

Sep

10c

Jan

453

11%

Dec

16%

Feb

25%

24%

25%

1,036

22%

Dec

53%

53%

54%

1,389

39%

Sep

—

a

14

Jan

19%

300

2 ft

Jun

5'A

Jan

Dec

39%

Apr

Feb

6

Mar

155
103

34
5%

47%

Oct

56% Aug

\ 9%

Sep

16% Mar

5

13%

Nov

18% Mar

1.00

Dec

24%

Sep

33

Jan

377

Oct

45

Mar

Jun

57%

1.10

1.15

2.450

28%

29%

1,042

a35% a35%

5

(Un)—*
33%c

Co_

—

—

8%

'a56% a58%.

29% May
51% Dec

.irui&c

Ac

Kaiser

■

Corp

f Hiighlin

Alum

&

R'eel

Chem

(Un)__
Corp

com

Kern

County Land

1
50

Preferred
Kaiser Motors Corp
Kennecott Copper Corp

7
10

< Un )

(Un)—_

1
-•
2.50

--

21%

,

140

14%

15

l',967

8%

9

400

s

48%

13% Dec

7%

Nov

58%

Sep

Nov

20%

Jan

12%

Jan

73%

Jan

69%

363

21%

21%

120

19 %

Sep

24

27%

577

22%

Oct

30% May

27%
&48

a48

50

41%

Dec

—

2%

2%

437

2%

Dec

a67%a68_'s

255

62%

455

38%

—

2.00 Mar

69%

27%
2%
a68%

D:c

165

1.50

a58%

Aug

474

13%

29%

7%

ft

Dec

15 %

al0%all%
al3%

28% Mar

11 %

5

I

Feb

May

19%

.

&

--

__

Jan
Dec

1,567
■

1

(Un)—7

Dec

235

•

(Un)

(Un)

International Harvester

Dec

80
79%

—

12%

Jan

89%

78

23

•

—

Co__i_.—

Inc..

Mar

79%

—

Corp———.5 '

23

43

__

■*

Pineapple Co Ltd—

Jan

78%

1

A

Dec

31,698

3
class

Co

2%

80c

Dec

38

26%

25%

100
Co

Sep

Oct

Nov

25%

•

common

1%

50c

"

'2.85 May

90%

__

•

1,150

100

66

Dec

Apr

1.85

39% Mar

113

19%

48%

23

5%

5

1
Ltd

Ry

Oil

Honolulu

Jan

508

13

106 106=%

Battery Co class B (Un)
7
Mining Co (Un)_—,—12%
Honokaa Sugar Co (Un)
20

Jan

130

6c

150
485

Homestake

Dec

270

12%

9%

•

(Uni

Utilities

F)

Hotels

Hilton

30%

378

13%

37%

9%

-20

Chem

Corp

Hancock Oil

Oct

6%

6c

34%

9%

•

Co

Co

Co

North

27

27%

12%

34%

3

Goodyear Tire & Rubber
Great

50

7:4

65c

2,510

1

preferred

31

5^%

65c

39

•

Company

Sep

53

6%

38%

Hobbs

24% Mar

27%

56%

39

7

State

22%

24%

1%

10

1,450

Apr

12%

25% Sep

150

33%
24

62
2.10

10

Co

Corp

Public

Goodrich

igi/2

23%

62

2.00

(Un)___25

(Un)

&

Electric

General

Golden

31%

91/4

8%

2.10

(Un)

Inc

Co

Gas

Food

Gillette

10

45

70

30c

5

(Un)
&

Works—

Oil

Natural

General

12.50

Corp
naae

Co

485

30c

Sales

25ft

___

'26%

__

Axel

30%

a28% a28%

10c

(Un)

Nemours

Johns-Manvllle
&

Sep
Sep

6

•
•

common

class

Lab

Eastman

109

1

Sirring

86%

74

*

Mfg

de

Eastern

Dec

110

Dec

Corp

Co

81

1,953

36%

Corp

Chemical

Nov

38

31%

Oct

76

25

i

Bolt

12% Mar

Jan

6

Mar

2.50

preferred

Glass

Pittsburgh Screw

8%
43 %

Sep

36%

5

International

Pittsburgh

Dec

Sep

8%

a75% a76%

__

25

preferred

Doernbecher

82%

58

5

common

8%
31 Va

232

a8%

1

Giorgio Fruit Corp class B com___5

Jan

54%

$5,500

10

Pittsburgh Brewing Co

20 %

America (Un)__25

of

Publishing

68% Nov

557

30 %

107% 107 %

l

Corp

__

a55%

—»

Doininguez

75

1

Gas

•
15

Refining (Un)__
Corp compion

Steel

Nov

415

74

*

Co

30

335

9%

9%

Jan

27

261

*

Manufacturing

Dec

a9%

a35% a36%

38%

•

Y

Preferred
Crucible

26%

N

Zetlerbach

Curtis

18

Co

Products

Jan

Dec

of

Aircraft

Vultee

Crown

Aug

36%

Edison

Consol Natural Gas Co (Un)

Corn

__io

,

Refractories

Apr

Jan

61

*

43 %

1

•

Co

Deo

19%

20

Deo

1

Harbison

44%

831

al7% al7%

•

17%

4

8.50

Follansbee Steel Corp
Fort Pitt
Brewing

Jun

Dec

44%

a46% a46%
13
13%

__

2%

A

(Un)
(Un)

44%

4%

5

Equitable Gas Co

37

15%

44%

Jan

a45%

Chesapeake & Ohio Ry (Un)__
25
Chicago Milw St Paul RR pfd (Un)_100

»

.

44%

595

Aug

Feb

88

»

J,

Dec

32

77
60

86c

Nov

*

System

I

16% Mar

14%

•

Brewing
Light

29

32

a20a20%

__

70

Last

Co

Gas

25% Mar

17

10

21%

Par

L)

a23%

Sep

Sale Price

(D

Nov

160% Mar

al2% al2%
5%

Dec

Friday

Columbia

23%

Sep

Pittsburgh Stock Exchange

Duquesne
Duquesne

17

12%

13%

STOCKS

Clark

__

28

J

(Un)

18%

k

3%

2

Preferred

.

16%

1%

Caterpillar Tractor Co common

1975

Steel

14%

Dec

Oct

18 ft

—

,

5

(Un)
Ltd

Co

Case

19G0

Co

__

76%

5

Oct

260

a51%

1

Motors Corp common
General Paint Corp common

Ludlum

20

Jun

59%

57%

5.50

General

Allegheny

35 ft

Sep

5

Co

Atlantic

General

Blaw-Knox

152 ft

1,150
345

45%

20%

10

5s

2,327

a34 a34%

11

10

Oct

Washington Gas Light Co—
General

43% Jan

649

—

2.50

53%

7

A

ser

Oct

8 % Sep
67% Mar

2%

Co—

Ewa

4s

27

14

5

(U11)

California Packing Corp
Canada
Dry Ginger
Ale
Canadian

BONDS—
Transit

480

Feb

5

Sullivan

Ink

Emporium
Baltimore

Feb

30

Jun

75

•

common...

15 Va

Sep

35

34%

Lothrop

Sep

51 Va

2,440

13ft

k

Dec

12%

345

14%

United Gas Improvement

Woodward

Nov

34%

425

900

65

4%

common.

15 ft

30%

14%

300

20%

1

preferred

Sep

67

14%

a36% a36%

15

14%

!
Light

Jan

62

15

19

•

convertible

(U11)

cap

(Un)

Calamba Sugar
Calaveras
Cement

du

$4.50

Co

310

•

Washington Gas

49% May
48% Nov

Jun

13%

12 %

61%

100

Corp

Nov

43

117

62

1

Oct

5

14%

•

Scott Paper Co
Sun Oil Co

31%

100

11%

2

(Un)

Hill

Dec

•

Bank

41

a34

14%

14%

20%

—50

common

14%

15

J-

10

com

a33%

Feb

Dec

12 ft

_*

(Un)

Burroughs Corp
Byron Jackson Co

$3

Reading Co
Rlggs National

(U11)

Airplane

108%

50

El

preference

l57/a

20

5

Feb

3

Service

United

Steel

(Un)

18%

20

Corp

15% Jan

Sep

1

California
Corn

320

•

Potomac Electric Power common
3.60% series B preferred

Sep

13%

20c

.

of

Co

Borg-Warner Corp

Jun

Co-

Participating preferred

11%

162

1514

a47%a48%

„

64%

*

Transportation
J

Common

1,047

12%

15%

5

__

100

:

18%

2,280

•

(Un)

18%

~~o

common

11%

30%
—

3

18%

9%

—III1

Li

77%

88

*

Linotype

58

Nov

23% July
25 ft Sep

3,199

26%

Sep

11% Mar

Apr

11%

59%

42

4734

a96% a97%

9%

5

(Un)

Aviation

Commercial

Philadelphia

$1.40

.

11%

_

Public

Nov

Apr

8%

Corp
I
Pennsylvania Power & Light~com~~T~7
Pennsylvania RR
50
Pennsylvania Salt Mfg
10
Pennsylvania Water & Power Co
*
Peoples Drug Stores Inc
5

Phllco

30%

Feb

3%

8%

Pennroad

$1

25%

1,623

10

RR

(Glenn

Mergenthaler

Mfg Corp

Bethlehem

5%

13

Jan

75% Mar

231

a9%

a36%

5

10

Bishop Oil Co—
Blair Holdings Corp

4%

__25

Corp

5

P2

Jan

Sep

13

28%

Sep

63

al6% al6%

10

—

._

Dec

Dec

_25

Brothers

Co (Un)

Co

21%

8

50c

44%

5

(Un)

161%

2%

100

preferred

convertible

General

class

common.

__20

Wedge

Jan

150

j0

America

(Julius)

Refining

Corp

Atolc-Big

Canadian

Fidelity & Deposit Co
Finance

1,333

17%

180

8%

32

Topeka & Santa Fe.(Un)__50

Jun

152

559

Dec

3

29%

50

Bankline Oil Co

High

9%

60%

(Un)

(Un)

47%

2%

19 50

Corp

Publishing

Delaware

1

9

50

Jan

Oct

245

al5% al5%

a34%

*

(Un)

Gas

(111)

Feb

9%

»

Transit

31%

37%

3

— —

Co

&

Borden

;

non-cum

3,560

20%

32%

a74% a75%

4734

High

Dec

22 ft

158% 159%
61 %
62%

25

(Un)

Baltimore k Ohio RR

Range for Year 1953

269

30%

21

270

9

Low

46%

20
•

100

Coru—

Steel

Atlantic
Atlas

Avco

High

157% 159%

20%
31%

__

14%

.25

(Un)

Copper Mining
Anglo Calif Natl Bank—

Atchison

Sales

Shares

46%

158%

5

for Week

L010

46%

7

Co

Corp

Anaconda

Armour

formerly selling on the Washington
simply the transactions since the merger of Oct. 15, 1953.

of Prices

__

*

American

Armco

The 1953 range shown
below for the issues
Stock Exchange are

Sale Price

25

24%

29%

class B

(Uiij

S

(U11)

Arkansas Louisiana

Range

Low

a20% a20%

15% Mar

Philadelphia-Baltimore Slock Exchange
Last

Range for Year 1953

High

Smelting & Refining—

Dec

30

10%

Week's

__

_I~

20

48

Arkansas Fuel

Friday

__

25

52%

40%

40

12V2

10

(Un)

American Tobacco Co

45 %

Feb

40%

47%

(Un)__l

American Car & Foundry
(Un)
American Cvanamid Co (Un)

27%

39

a75%

_i

com

Shares

Jan

53 ft

—II5

STOCKS

*

(Un)

Thtres

41%

5

Tube

(Un)

for Week

24%

•_

20

Inc

Para

American

Co

Corp

a20%

•

Mfg

Airlines

53%
—

IIIZIIIlO

Machine

33%

350

Amer

Dye

41%

•

Power

3,500

9%

24%

*

Corp

40%

9

__

Mar

&

(Un)

Sales

Range
of Prices

Low

1

common

14

1

common

Co

Youngstown Sheet

Chemical

37'A

12 Vn

Service

W)

Allied

400

10

I

Co

Banksliares

Wisconsin

Dec

500

jq

__

Westinghouse Electric Corp

Wisconsin

75%

40%

»

_

Inc

Jun

Co

22%

Works

Stores

62%

Corporation

Reduction

22%

5

...

Union

300

Last

Par

Admiral

Exchange

Week's

Sale Price

39%

—

Wieboldt

Jan

10

Co

Motor

17%

25

Inc

Co

Walgreen

White

Friday
STOCKS

Jan

21%
—

Corp

Van Dorn

Western

San Francisco Slock

High

16%

California

Rubber

U

Low

1

Film

&

22

Range for Year 1953

l

Lines

U

Shares

Air

Carbide

Union

ENDED JANUARY

for Week

High

(Un)

Salle St Corp

Union

of Prices

Low

WEEK

FOR

Sales

common

Coal

Century-Fox

208 So

Week's

42%

42"%

47

May
Mar

5% Mar

Dec

82

Feb

Sep

59%

Jan

€

40

The Commercial and Financial Chronicle'..

(428)

.Monday, January 25, 1954

OUT-OF-TOWN MARKETS

*rL«t

WRange

Sale Price

of Prices

San Francisco Stock Exch. (Cont.)
STOCKS

Low

Par

Leslie

Salt

Co__

10

—

Libby McNeill & Libby——
Lockheed Aircraft Corp —
Loew's

*

(Un)

Inc

Macy &

(R.H) common
Calculators

Marine

Bancorporation

Martin

Co

Navigation

McKesson

(Un)
(Un)

Co

Mfg

18

Inc__

Mar

40%

Apr

89

8%

Jan

10%

Apr

809

20%

Apr

29%

Nov

14

396

10%

13%

Feb

Oct

22% I

135

21

Dec

25%

Jan

Richfield

Oil

16%

414

14%

Sep

18

Jan

Riverside

a57

a57

40

18

18

300

18%

18%

980

a40% a40%

25

18

...

__

50

__10

15%

19%

Jun

Roos

South

M

&

J

Utilities

Mother

Mindanao
M

Monolith

Inc.—

13%

Dec

2,500

2%

Sep

Feb

4% Mar

Montana

Utilities

Morrison-Knudsen

Sep

2c

Sep

6c

15,055

70c

Feb

1.50

11%

(Un)

50

10%

536

17%

Sep

a32

42

27% Mar

Sep

20%

„

61

•

*

61%
32

1,092

55

National

Corp

(Un)

Fibres

Auto

Inc.—

National Distillers Prod
National

Gypsum

National

Linen

Natomas

S

Regis

Apr
Feb

San

Mauricio

N Y

(Un)

65

Water

Jan

Feb

Sinclair

Central RR

Niagara

18%

550

16%

19%

20%

905

17%

Sep
Sep

21 %

21 %

253

18%

Oct

9%

9%

212

7% May

4%

4%

160

4

18%

21%

28"%

28"%

North

21%

23 V2

.2,475

a20%a20%

200

__

__

_•

Power

21%

•

American

Aviation

North

American

Co

North

American

Investment

5% %

1
l

(Un)

Mohawk

(Un)__

(Un)___

__

1

23%

10

;

common_l

preferred

a20%

(Un)

1

22% May
9% Dec

2,497

19%

Nov

25%

364

24%

Sep

28%

Oceanic

Ohio

Petroleum

Oil

Corp

16% July

21%

Dec

19%

Jun

Co

Jun

13%

Jan

20

20

100

18%

Nov

20

Apr

57

57

153

52%

Sep

al6% al6%

47

Edison

Co

(Un)

83%

12% July

3%

Jan

18% Mar

39

16,346

25c

Nov

34%

792

'A

.

120

44

Oct

Sep

3

63

Jan

35% Mar

Nov

32%

3% Mar

Jan

38

38

10

34%

8%

8%

400

7%

39%

32%

Jan

40

32

Nov

36% July

18

Sep

23% Mar

Nov

45

40%

1,843
20

a21% a21 Ve

25

Jun

3% May
39% Feb

■■

:

__

6c

6c

16,500

22%

,

312

6c

Sep

Mar

5C

Dec

9%

Apr
Dec

Co

22%

20%

Sep

12c

Feb

__

_

_

_

1

__

75

72

322

55%

a61 %

166

54%

12

12

10

80%

200

21%

221/4

4,540

36

36%

749

30%

37

a60%

75

a 60%

80%

•

——...A.

37%

603

30

39

3,210

0

(Un)___

common

—

27%' Jan

Feb

69%

Jan

61%

Dec

13

Oct

Dec

8

Aug

5

22%

•
__

66

May

76

19

Nov

22

Sep

41

%

15

37%

Jan

Sep

37%

Jan

•

38%

Dec

Nov

Calif Edison

Co

(Un)

com

4.08%

Conv

Convertible

38 %

25

preferred 4.32%
preferred 4.48%
preferred

a24% a24%

—25

preferred

6%

(Un).

California

Jun

26%

32%

33

585

29

Jun

32 7 8 Mar

75

27

July
Jun

Southern

Co

Southern

Pacific

Southern

Railway

(Un)

Mar

10

30

30

29% July

8%

200

7%

Oct

13

Jan

16

16 Vs

1,940

13%

Jun

16%

Dec

38%

39 Vs

2,053

43

16

•

39%

*

(Un)__

33 % Mar

>

36

Dec

49% Mar:

43

300

38 %

Sep

47

a45% a46%

50

38%

Sep

47%

Dec

a28% a29JA

184

25 Vs

Sep

29

Aug

4,787

49 %

Sep

43

1

(

33%

33

32%

8%

•

—■

—

5

Co

Sep

33

2

.

Feb

27%

32%

25

__

Petroleum

Jan

22%

Southern Calif Gas Co pfd series A —25
Southern

39% Mar
24

282

32%

25

.

22% May

26%

a27 % a27%

25

4.88%.

Jun

33%

50

26%

a4G%

Jun

Feb

Dec

1.95

3,095

__

—

10c

75

39

-

__

a6c

3%

3%

12

_

Rights

a6c

1

j

340

3%

8%

P.10

Cumulative

23% Mar

10

1

176

34%

'

Sperry Corp
Occidental

•53%

—

•.

__15

Preferred

Feb

230

'

50%

a32% a32 %

Oil

Southern

Jan

12%

__

29% Mar

10

Corp (Un)
Socony-Vacuum Oil (Un)

7% Mar

Dec

12!/2

1

Sep

Jan

12%

100

Northrop Aircraft Inc

23%

20

-

25

Northern Pacific Railway

21% Mar

18%

*

23

34%

(Un). 1.40

common

Shell Oil Co

25%

19%

;

200

Mar

36

Dec

18"%

Corp—_

27

5

Mining

Roebuck & Co

Sears

Shasta

Apr

16

310

5

Company

47%

3 %

—5
—

(Un)___.

Co

Paper

Schenley Industries
Scott Paper Co

28% Mar

Jun

____1

(Un)

Service

17%

17%

__

Dec

26%

__

__10

Signal Oil & Gas Co class A_
Nash-Kelvinator

37 %

Jan

13

Sep

28

,

W

30

28% July

390

32

•

__10

IIV2

20%
a31%

5

Co___

1.05

90c

*

Montgomery Ward & Co

24%

(Un)_10

(Un)

Co

Power

50

17,200

1.00

735

1

Foods

Safeway Stores Inc
St Joseph Lead
<Un)

186

3%

3c

39

1
.

&

Fine

15%

13%

3c

3c

lOo

Mar

38 %

a

8%

"

a27% a27%

P.10

(Un)

Portland Cement pfd

Montana-Dakota

•

Mines

Lode

Cons

M

&

51

—

(Un) —25

A

Bros

S

St

Middle

Apr

42%

*

Nov

36% Nov

2%

3%

18% Mar

12% July
34% July

13%

1

54% Mar

July

38 7

1

(Un)

High

791

Sep
Sep

14

50%

__

class

Co

Corp

Low
150

'47%

50 '/a

T.To

Corp

Pictures

Range for Year 1953

High
9%

•

Cement

RKO

Shares

9%

•

—

for Week

Low

5

Raytheon Manufacturing Co
Republic Steel Corp (Un)
Reynolds Tobacco class B (Un)
Rbeem Manufacturing Co

16%

18%

Co_

Menasco

214

Sales

Range
of Prices

Par

34%

32

Week's

Last

High

22%

__

1

Co

Robbins Inc

Low

14

—

7

(Glenni_.
&

Frank

&

(Un )_

High

27%

__

5

—

Matson

Meier

•

Co

Marchant

Friday
Sale Price

Range for Year 1953

a9%
28%

—

22

STOCKS

Shares

34

a95/e
28 Vb

JANUARY

ENDED

for Week

a9%

__

7
1

WEEK

FOR

RANGE

Sales

Standard

Brands

Standard

Oil

Co

Standard

'

Oil

Co

Standard

Oil

of

•

(Un).,

Inc

a

29% :

—25,

California

of

;

a

74%

57%

....

(Indiana

55%

57%

a^73% a,74%

59%

Jan

67

Oct

80 %

Jan

67 Vs

Sep

78 Vs

Jan

83

23

May

92

Jan

'

Ohio

Oil

Co

Onomea

Pabco

(Un)

•

Sugar Co

Products

(Un)

Inc

____20

Pacific

Can

Pacific

Coast

Pacific

Apr

3%

56

1.40

|Jan

14%

14"%

820

11%

Jun

a21

a21

15

7%

Oct

al4% al4%

68

6

6%

2,271

29%

29%

255

1

__f

___5

Aggregates
Corp
(Un)__

51%

__

5

6%

Finance

10

3%

__

—5

Co

a58

__

*

common

Pacific Amer Fisheries

a58

__

__10

"

__

56%

Dec

3% May
16

Dec

N

J_—

Stecher-T'raung Litho pfd
Sterling

Inc

Drug

Studebaker

13% July
5% Oct

16%

26

29%

6% May

Jun

Dec

Sylvania

.100

(Un).—

Corp

Electric

_

_

91

50

38

38

417

32%

Apr

37%

Dec

20%

21%

1,129

20 Vs

Dec

43%

Sep

18

640

15%

Sep

21% Mar

11%

12

230

33%

33 V4

460

60%

-

•

5

11%

7.50

Products

91

17%

20%

1

__

533

-

1

_____

75%

--

5

Sunray Oil Corp (Un)__
Super Mold Corp

Jan

(Un)

(Un)

12% Mar

75%

'«■

11% Aug

30%

Sep

15%

Jan

39%

Jan

'i

I

Pacific

6%

Gas

1st

Electric

&

25

1st

4.80%

1

preferred
red preferred

5%

5%

red

Pacific

preferred

9,064

34

Jun

34%

1,230

30%

Jun

A

Pacific Oil

Corp common
Gas Develop.

&

Petroleums

Ltd

Preferred

Pacific

____

Western

Packard

Motor

Palmer

Oil Corp
Co

Stendel

American

World Airways

28 %

544

25

Jun

28

Feb

Trans

28%

274

25%

Jun

28

Feb

Tri-Cbntinental

Dec

Union

'

35
1.15

9%

475

26%

567

116% 117%

209

al39%al39y4

9

1.10

117

3"%
22c

Electric

Union

Oil

119% Mar

United

Jun

141

'Feb

United

Air

United

Jan

3%

Dec

21c

47% May

6%

Dec

54c

Jan

f Apr

United
U

Gas

Corp
(Un)

8%
24%

Sep

30 Vs Mar

Universal

16%

Dec

23%'

Utah-Idaho

14%

380

32%

32%

290

29%

64

27%

a29%a29%
3%

•

3%

11

11%

Sep

Feb

Jan

15

Jan

Feb

Nov

43

Nov

36 %

Jan

4 Vb

Apr

68% Mar

59%

59%

382

34

34

250

25%

Jun

31

Nov

43

43

365

36

Sep

43%

Jan

a52%a54%

,105

44%

Oct

60%

__

•
•

__

Victor

Equipment

Warner

Bros

Washington
Wells

Preferred

Co..

Pictures

Bank

&

Westates Petroleum
Preferred

__

13%

Sep

17%

Jan

74%

505

63

Sep

74 Vb

Dec
Dec

*

21

21%

Sep

23

40

2,220

37 Vs

Jun

22 Vs

110

21 Vs

Dec

44
Aug
27% May.

60

33%

1,111

21%

a5

,

28%

30%

31

Dec

Nov

43 %

Mai-

32

Jun

5% Mar

29% Mar

5

455

40%

Apr

23% July
23% Sep

75

,

1

28%

334

29%; Dec

40%

1,632

34

Sep

44

Jan

57

57

194

41%

Feb

60 %

Dec.

2.60

2.60

100

2.55

Dec

11

11%

550

57
—

1

)

a

-100

(Un)

—_1

3.25 May

36
53

29%

Coast

Western

Life

Insurance

50c

286

2,806

5%

•

5

Nov

80

Sep

27%

296

22%

Sep

34

Jan

W'estinghouse Elec Corn

a33%a33%

50

22%

Sep

34

Jan

Woolworth

Union

Telegraph

(F

Wi

28%

Sep

5,106

10% July
16%

Jun

29

Jun

■

315

Nov

30c
3 Vs

Dec

60c,

Apr
•

Mar
Nov

Mar
Jan ;

5%

Dec

28%

1.272

9%

3,400

8%

Sep
Sep

40

40%

Apr

47% Aug

1,208

40

Sep

52%

Dec

210

43

Dec

47%

Jan

28%

■

9 %

.

(Un)__:_.—10

(Un)

28

a40 % i a40 %

25C

21%

193

Western

(Un)__ —5

Stores

Dept

257

Jan

42c

50c
5%

Jun

12

25 Vs

1

91

100% Mar

.

1

8%

50

25% 1ii26Va

305% :206 %

306%

13% i al3%

a

T

com

27%

25

865

"

5

_

(Un)

23%

*

17 Vs

a49

*

_

U

90%

-

Sep

19%- Feb

23%

__

5

_

(Un)

23%
91

12%

22%

Water Power

Fargo

West

Radio

150

a5

10

.10

Qil_
(Un)

Co

13%

a46%

Jan

__

common.♦

—

corrrmon-i

Sugar

29 Vs Mar

22 %

5

Consolidated

Sep

Apr

3% July
48% Sep

300

U S Steel Corp

23%

1
_____

j

Mar

1,340
3,146

39%

23

(Un)

57 % Mar

11% Mar
27

a22 Vb a22'/s

39%

5,

—

Sep
Dec

19%' Oct

16%

—

17

Inc

Rubber

S

49%
6%

v

72%

~

—25

(Un)

Corp

13%

'

12%

_

Corp of Del (Un)-__:_

23%

5

__

_

_

Rep

Lines

26%

10
common
_

Aircraft

26%

'■

»

Mo

130

14%

__

of

45

21%

1

(Un)

of California

Co

145

__

3
P10

Carbon

Sugar

Dec

279

__

12%

_

Co

Union

Union

'

17%

alOalO%
17%

__

33%c

Corp of America (Un)
_•
Railway Equip & Realty Co Ltd pfd.100
Rayonier Incorp common
:
11

&

—5

(Un)

Corp

Carbide

a27% a27%

alO%

1

•

Apr

Inc—

111

6,800

1

Airlines

230

a7Va

■■—

Corp

World

60%

a7

■

10

,

20%

26%

Oil.

21%

_50c

common

Associated

13% Mar

•

.

692

21c

Water

26%

1

'7% Aug
24

170

34%

3%

__

34%

Nov

■■

2,800

9%
26%

34%

(Un)

(Un)

33

3,460

21c

(Un)

Co

Transamenca

28%

al39%

50

Philco Corp (Un)
'__
Philippine Long Dist Tel Co
Phillips Petroleum Co
Puget Sound Pulp & Timber

Oil

Jan

3%

(Un)___

Phelps Dodge Corp (Un)

Inc

Jan

27

•

Pennsylvania RR Co (Un)
Pepsi
Cola
Co
(Un)

Pullman

31%

Jun

__

4

Corp

Paramount Pictures Corp

Jun

24s,b

10c

(Un)

common

Oil

27%

100

28 »/4

__

100

,__100

_____

526

9%

1

pfd---.-...*

Pacific Tel & Tel common

31%

34%

25

(Un)

Incorporated

27%

35

33%c

____.

1st

Textron

31%

__

•

Texas Company

Jan

34%

Tide

28 %

__25

Nov

40

27%

__

25

Lighting

Pacific

Pure

40%

34%

31%

25

ser

Pacific Public Service

Pan

40

34%

25

red

preferred

40%

25

common

preferred

5%%

12%

53%

(Un)

a

54%

a44% 1a'45% '

45

21%

10% Mar

CANADIAN MARKETS
RANGE

FOR

WEEK

JANUARY

ENDED

22

Friday

Montreal Stock

Exchange

Friday
STOCKS

1

Abltlbi

Power

$1.50

&

Paper

ClaSS

177/.

23

SUgar

26%

A

*

<

——
,

-

•

Aluminum Co of Can 4%
5%% 2nd preferred

4%%
Asbestos

Atlas

Steels

Low

High

10

15,755

12 %

Apr

17

26%

666

25 'A

Jan

26%

17% al7%

25

Nov
Feb

Pulp

&

5%

16% Mar

18

725

30%

Oct

49%

41%

Apr

53%

Jan

British

21%

Apr
May

24
May
105% July

British

24%

780

105

365

100

Aug

Paper—
493/4

•

49%

680

48

Dec

49

Nov

12%

123/4

11% Aug

12%

a83

a83

a86

25

80

Feb

•

83% Mar

og

25

26

2,896

233/4

Dec

27%

Aug

15%

153/4

1,230

12%

Sep

23%

Jan

Mills

175

Bulolo

Orders bandied
Canadian Stock

through

on

all

Canadian
affiliate which has a

"A"

from

private ivire

coast to coast.

Canada

Cement




45

Jun

7%

7,772

6%

Dec

11%

Jan

20%

5,476

16%

Sep

21%

Dec

7%

a91

21

% a91%

12

88

Jan

95

48 3/4

1,005

46

Jan

50 %

48%

i

July
Aug

30 Broad Street

Iron

Northern

Co., Inc.

4.55

Apr

5%

Oct

2,817

17%

Dec

18%

Oct

35%

36

849

32%

Apr

36%

35

11%

Nov

19

35%
all%

1

all% all %
4.60

4.75

600

4.00

Oct

36 %

—

37
6.75

37
6.85

370

34 %

Dec

3,900

5.00

Nov

6.75

96

91 %

98

2,105

72

Apr

—

28%

28%

2,352

27

1 Jan

20%

21

1,030

19

Nov

v

Power

Corp

Bronze

——100

8%
40

7.25

1

Nov

Mar
Jan
Mar

Dec

5

22%

Feb

12

Sep

102% Aug

93
50V2

70

Apr

82

205

46

Feb

50% Mar

22%

7,422

17

Apr

21%

35%

35 %

35%

315

—

•

al04

al04

5

29

29

155

18

18%

93

—

Jan

Dec

Jun

40

Feb

Mar

105

July

24%

Jun

33

Mar

15%

Aug

34%
102

'

/

Class

$1.75

series

series

Chem

19%

20

1,225

17

Oct

18% Jun
20% Mar

*

common

18
.19%
23 %

23 %

23"%

3,295

22

Nov

46

Jan

25

Celanese

•
20

A

Canadian

6%

Jan

Dec

291V Mar

50

*

Canadian Car & Foundry common

Cdn

10% Mar
98 %

91

22%

22%

_100

.2.1!

10

35

50

"

Ltd

alO

alO

93

•

common

,

—

50'

:

Canners

19%.

100% 100%

s

nrotprred

1st

preferred

$1.00

NEW YORK

5,690

•

Breweries

Canadian

Canadian

Teletype: NYl-1979

6%

18%

110

Foundries

preferred

5%

Tel: HAnover 2-9250

638

...20

common

$1.30 preferred
Canada

31%

31%

31%

125

30

Nov

34%

Aug

18

18

100

8%

8*%

310

24%

24%

125

—.25

&

Cellulose

Cottons

7

preferred

Oil

Morse

Companies

preferred

8%
.

25

Locomotive

com

*

*

00

365

25

__

al5
a24

100

19

13%

15

a23%

—

.

•
common

■

18 '

*

common

Fairbanks

4%
naee

40

177/s

*

Canadian

see

Sep

6%

*

Canadian

footnotes

35 Vb

'

18%

5

Dredging

Canadian

For

8,068

7

—

Products

Canadian

W. C. Pitfield &

our

direct

40

25

Telephone
class

Ltd

"B"

Gold

Canadian

all

Exchanges

Jan

39%

Dec

5%

on

Jan

22 %

Jun

*

Canada Steamship common

quotations

45

15% July

*

Power

Columbia

Bluck

Canada

Canadian securities.

36

279

a91%
48%

pfd.100

Forest Products

Columbia

Canada Safewa

Est

High

245

19

21

•

...—100

British Columbia

Building
49

100
*

Low

41%

19

Jan

7,215

Range for Year 1953

High

40
7%

♦

common

preferred

49

24

Ltd

Oil

Shares

41

7

Light & Power:

for Week

19

A—.*

25

British-Columbia Elec Co 4%%

431/4

104%

common

class

:

1.

American

British

471/2

24%

common..

Paper

—

Traction

Brazilian

40,A

104%

50

&

Telephone

49

„

100

preferred

Corp

High

26
&

Bell

Range for Year 1953

17

preferred__23

preferred

Argus Corp Ltd

Shares

Power
B

Class

Anglo Canadian
$2.80

of Prices

Class

473/4

-

Aluminium Ltd

Bathurst

for Week

Loxo

•

preferred

Algoma Steel

Par

common

Sales

Range

Sale Price

L010

Par

Week's

Last

Range
of Prices

Sale Price

Canadian Funds

Sales

Week's

Last

STOCKS

19

15

12%

13Vb

925

82%

82%

50

a

,

18 Vb July

7%
26
,

20

Apr

Dec

13%

Jan

Sep

48

Jan

Dec

25% May

21%

Oct

25

14

Dec

22 %

11%

Dec

15%

78

Jan

15

July
Jan

Apr
84% Mar

,

Volume 179

Number 5293

...

The Commercial and Financial Chronicle

41.

(429)

CANADIAN MARKETS
RANGE

Friday
STOCKS

Week's

Last

Par

Canadian

Pacific

Canadian

Railway

Petroiina

Canadian

Ltd

pfd

10

Vickers

Chrysler
Coghlin

Farm

Mining & Smelting
Consolidated* Textile

Corbys

class

A

Crown

10%

Dec

12%

Dec

8,720

14

Sep

19

Jan

Jun

Jan

a

a59

10

67 Va

Aug

71%

10%

1,865

9%

Sep

16% Mar

13%

5

13

Feb

15

22

13 %

a

July

•

22%

23%

5,348

8%

6

8%

1.450

5%

Dec

15

25%

25%

260

21%

Feb

25%

Dec

11%

10%

12

1,660

8

Jun

11

Dec

10%

10

1074

23,025

8

Jan

10%

Oct

Seal

36

36%

145

29%

28%

29%

10,775

*

Co

Sicks'

22

*

Seagrams

2

^Dominion Bridge
Dominion

Coal

6%

Dominion
Dominion

Dairies

5'c

34%

Sep

33%

Oct

8

175

13

13

100

a4.60 a4.60

30

«

35

Foundries & Steel

Glass

l'/c

8

new

Jan

Voting
Simon

Dominion

Steel

Dominion

Stores

&

Redeemable

12% Mar
4.50

al4

10

14

Aug

14 7

8

765

13%

Sep

407/4

1,214

36

Dec

1578

205

a__

10%

11

1,825

10%

13%

Aug

5.25

Feb

14%

Oct

14%

Sep

15%
-37

(H

Low
21 Va

28

505

*

1

a24

a24

25

20

23%

23%

23%

100

20

common...

——

& Sons)

pfd

5%

100

a91

Steel Co of Canada

Thrift

Stores

Donohue
Dow

Bros

Dec

Paper

10

Sep

16%

Jan

I8V2

100

1414

Jan

19

Electrolux
Famous

A

5,147

7%

Sep

9

Apr

21%

21%

Foundation Co of Canada
Fraser

Co's

4%%

Gatineau
5 Cr

21%

Power

120

General

19% May

1

4,000

2.00

12%

General

Steel

General

Motors

General

Steel

20%

>'

5"f

preferred
Gypsum Lime &

Feb

1,870

11%

Jan

15

57

5,000

43%

Jan

50%

Dec

.5.00

5.00

200

4.25

Sep

6.75

Jan

*

35

35

25

26%

Jan

35

100

96%

96 V2

35

91%

Jan

97%

Oct

*

19 Va

19%

850

18 Va

Jan

20

Feb

8%

8%

435

Weston

(Geo)

4% %

common

—

preferred

Wilsils Ltd

i—

—

.

Winnipeg Central Gas
Winnipeg Electric 5%

$2.00

preferred

preferred„100

Hudson

Bay

Husky

preferred

6%

25

%

20

20 %

6,695

15%

Jan

187/s

Dec

Commerce

20

23

23

150

21

Mar

4'r,

13

14%

6,117

15%

9,180

102

10

21 7 B

21%

4,220

105

105

40

101

Feb

107

20

105%

Jan

111

Jan

6

July

Mar

20 Va

Apr

14%

a5%

100

37%

1,585

62 %

62%

62 %

295

54%

Sep

50

15

Sep

17

101

50

99

Nov

103

Jan

35

36 %

36%

July

-

32 Va

2,360

Apr^

39

Mar

Nov

$5

2138

252

14% Mar

21%

20%

1,383

17

Apr

20%

45

50

42

Jan

46

May

38 7'«

2,375

36

Oct

58

Company

38

38%

-

5

2nd

25

6.00

Nov

12 Va

Jan

Canada

30

3,197

263/4

Nov

36 Va

Jan

Canadian

Jan

11 Va July

Canadian

Jan

24%

Nov

Jan

6%

Oct

Canadian

36 % Mar

Canadian

29%

10%

a

9%

2,095

23% a23%

3

9%

9%

23

5%

6%

6%

1,000

35%

36 %■

5,744

84

84

100

81 Va Mar

&

28

~

Sep

85

Apr

1'/"

39 %

3974

1,095

36%

Oct

39

Claude

0

a6

a5

a6

al6

al6

al6

55

Western

3471,

36,

15%

33%

5,228

July
Jan

Commercial

Apr

Consolidated

Dec

46 Va

Jan

6%

Lake
•

Limited

of

7 'ic

the

Secord

131

Mar

58

Nov

Consol

Textile

•

a21%

al9% a21%

129

18%

29% Mar

Crown

Zellcrbach

85

127

.:

Laurcntide

~

Class

85

62

29%

65

24%

Jun

30%

Dec

31%

385

27%

Nov

32%

Jan

Dominion

Sep

29%

Feb

Dominion Square Corp
Dominion Structural Steel

22%

90

MacMillan & Bloedel

Mailman

Corp

Ltd

23%

18

2,995

17'%

17%

1774

820

17

29%

29 %

30

80

28

100

A__

a

__

138%

5

9%

__

20

a

9%

11%

»

140

100

al4% al4%

138%

9%

11

1174

9

40

40

44

*200

1834

18%

345

1874

30

15%

(Robt)

*

A

__*

23%

Wire
Mines

Flour

Ontario

Penmans

Power Corp

4%

;

Bros

Co

•26%

Jan

Jun

26%

Feb

Ltd

13 Va

Oct

15%

4 r'r

Saguena.v
St

Lawrence

Series

A

30

105

Feb

Aug

al51

al51

5

145

Feb

151

28%

23%

28%

560

18

Apr

22

70

69%

25%

25

65%

85

70

48

100

47%

26%

1,360

26

Jun
Nov

Nov

Nov

45
26

Aug
Jan

Aug

27%

1,755

20

Apr

35%

2,738

31%

Sep

40

Mar

33

4,237

27%

Apr

34

Mar

100

93%

92

93%

195

89

Apr

95

Aug

14%

14

14%

975

12%

Jan

15

a22

a21%

a22

105

18%

Jan

22

Jun

22%

a22%

a24

145

13%

Jun

25%

Nov

72 %

72%

72%

5

74

May

12%

12%

250

12

Sep

42

40

3854

40

—50

45%

45'%

98

10

43

common.*

1

75

July

Melchers

Mexican

page

45




-

3.65

3.65

150

a75c

49

80c

Oct

a23

a23

20

24

Nov

41%

42%

20
34%

20
35%

•2.50 Mar

34 Va

4,441

Apr

Apr

99% Aug
39

Dec

30%

Apr

36%

Jun

43

Mar

275

42%

Feb

46

July

HART

STOCK

1.15 Mar

Mar

42%

Dec

May

20

27

July

34%

26% Jan

460

19

Sep

25

Sep
Feb

May
Dec

35%

a20

a20

50

20

Nov

23

a65

a65

Aug

77

6

8
1,300

65

6

6

4% Sep

Feb

68% May

25

66

Jun

Jan

8%

Apr

*

*

com

100

*

20

Oct

25

5,200

80c

Feb

5,289

Sep
Apr

2.25

59

68

Mar

40c

Feb

1.00

Feb

23

Jan

9%

1.40
70%

73Vs

a85c

—

25Va

27Va

*

"A"

21
„

13
95

partic

a__

.21

9,470

15

9?%
4.50

100

200

A

4.50

4.50

*

11

11

11

7

7Va

25

25

25

a8
a8
3.30
3.30
al5% al5%

1

•

3.30
al5%

V

;

'

''

&

*

Paper Co
Co Ltd
4%

Oil

0

pfd

com—..?

Limited

10

L_

—

Ltd

Co

Pow

&

—

alO%

com

20%

Sep

10% May

Nov

8% Mar
2.80

16
10 %

13 Va

47%

Jan

1

54%

54%
a7

25

a92

25

a4.00 a4.00

6.00

4.00

61
35
100

22%

__

Jan

5%

Dec

22

Dec

Jun

11

Jan

Jan

Jan

7% July
86

75

alQ% alO%
911
91

22

*

Ltd

9%

Jan

3.10 July

85

a7

25%
12

common

Mills

Rice

Sep
Jan

5.00

i

"

6.00

*

—

Apr

4
100
100

a91Va

—

—

100

Feb

33
a—

9%

1,525

—

—

4.15

375

7

1

Corp

-

10

*

"A"

Ltd

Feb

25

1.50
74-%
a85c
27%
al2

19%

,

a20% a20%

*al2

: —:

25
12

Oct

3.75

15% July
56% Nov
Jan

87/a

Feb

95 % July

Sep

4.55 Mar

10

Apir
Jun

Jan

11

84

92

3

24 %

Jan

Feb

297/a

Jan
Dec

5%
•

Nov

1,540
260

23

Oct

267/a Mar

135

10

Apr

13% May

250

18%

Jan

23

(

Newfoundland

Orange
Power

Crush

Pr

&

Lt

Ltd

Co

Ltd-—,

10

*

-

Corp of Canada 6% 1st pfd_100
N C part 2nd preferred
,50

6%

Quebec Telephone Corp common
Class A
,J.
1
Reitmans
Russell

(Can)

Ltd 5%

Industries

Southern

Traders

red

Ltd—.;

Canada

Finance

Trans

Pr

6%

__

57

5

al2
36

-.20

pr

*.

—

pfd

class

A

3.15

Gas

United

of

Corporations
(Jack)

Watson

Westeel

EXCHANGE

Arno

Ltd

20
—

100

126

3.60

100

5
25
45

109

Jan

112%

Jun

55

Aug

59%

Apr

Jan

11%

75

27

3.60

57
al2al2%
57

36

20
17%
126

36

7%

1,555
20

Dec

20

May

17%
118

Dec

24

Jan

Jan

129

Dec

33%

Dec

34 V8

34
22%

34Va
24

2,205
1,990

26%

23%

16%

Nov

46%

Feb

34%

33%

34%

2,305

26

Feb

34

Dec

9

al3%

al3% al3%
10
10
20% 20%

145
200

11% July
10

Nov

12%

Jan

110
5

19%

Dec

23 Va

Feb

17

Oct

*
5

—

—

—

1

Mines

Lead

Gold

Mines—1
*

Ltd

Ascot Metals

3.45

Sulphur & Iron

al%c

Co Ltd

1
1

43c

—1

Corp

Ltd

(1937)

—

0

Mining

Corp Ltd

Mines

—

9

Ltd

Sulphur

6c
29c

——1

Ltd

Mines

3.£0

1

Corp

Ltd..

Mines Ltd

Athona

34

19 Va Mar

125

20
17%
127

Dec

May

*
-*

*
Ltd

Breweries

Yellowknife

Mines

Atlas

Co

Jun

,

.

'

al7% al7%

Sep

15% Mar

12% Aug

Slocks—

Mining

Anacon

"B"

Ltd

Canada

Mines

STOCK

&

Products

Western

Ltd

class

4.60

—*

Pipe Line

Canada

Aug

Jan

alll%alll%

—

___*

cum

Corp
Oil

Mountain

Union

Ankeno

PL-9501

Nov

4.20

27

20

790

.

25Va

American

ST. WEST. MONTREAL

Jun

75

a23a25%
27%.
28
66% 66%

28

*

Royal

Ameranium

EXCHANGE

Feb
1

1,524

,

*

Corporation Ltd

Mount

—

.—1

—

23c

3.20

3.20

6c
6c
15c
30c
21 %c
22c
3.40
3.60
OV2C, 9/2c
al%c
a2c

9c 9%c
40c
43c
12%cl2%c
20c
24c

1.37 July

^.OOO
n^2'000

Oct

9c

Mar

Dec

51c

May

2i?c

5,000

Mar

35c

Jan

2.25
>

1,000

J,380
1,500

3.30 Nov

6c

8c

11c

Apr
Oct

l%c Dec
8c

45c

Oct

Oct

5.70 July
29 %c

Jan

3%c Mar
20c

1.04

May
Apr

1,000

11c

Nov

25c

Feb

9,000

20c

Dec

90c

Aug

9c

Jan

27c

Nov

Offires.

St. Catherine Street West, Montreal
SHERBROOKL

ST. JOHNS. P. Q.

Bathurst

Belle

Mines

Chibougamau

—

Mines

Ltd

Belville Gold Mines Ltd—
Boreal

see

42

28%

Bonville

footnotes

Feb

20

common.-*

Investm't

Milliner

Light

Arnora

For

32

28

EXCHANGE

TROIS-RIVIERES

100

28%

CANADIAN

QUEBEC

^40

Feb

105

5(

STOCK

Branch

Oct

Feb

Minnesota & Ontario Paper Co

TORONTO

1181

Dec

70%

57

100

35%

^1

A

class

Ltd

preferred

Aconip

Telephone

11%

Jun

10

42%

Mersey Paper Co Ltd

Alta

276 ST. JAMES

Apr

40

—

class

W)

Distilleries

Mining

MONTREAL

Nov

93

24

Feb

17% Mar

2,244

3.385

45 3 4

MEMBERS:

8%

Feb

160

103

Jan

3274

&

81

Jan
Dec

146%

42

103

Moore

73
52

Dec

35%

SAVARD

Nov
Nov

Sep

32

400

•

32 %
55

•

a66% a66%

1.40

Ltd

Co

Inc

Power

Leaf

6'/f
-

2674

% a98%

MacLaren

36

July

78%

4274

11 %

'

103

a25%

(Walter M)

Maple

33

*

(Alfred)
Canadian

McColl-Frontenac

Apr

a98

London

Lowncy Co

Feb

33

common

Water & Power
preferred

45

♦

Canada

Dec

Dec

100

Lambert

of

Nov

29%

*

4%

8

80
11 %

*

class

Utilities

10%

58%

—*

pfd

81

80

20

common

(Can)

27%

665

a

Inter Paints

Jun

1,535

47

J)

Sep

61 %

100

Corp

33

33

24%

27

Ltd

' Power 4\U%

Shawinigan

405

31%

*

Co

8

600

26

•

preferred

Oil

10%

2574

35 %

Transport

—

81

__

Jan
Jun

a75c

Shops. Inc

-

•

Paper common

Royalite

Jan

•

Quebec Power
Rolland

1,775

♦

common
._

81

29%
45

-

61

1

preferred

Provincial

Kclvinator

Dec

9

of Canada
&

Dec

31

*

-

common

River Company

Powell

45

61%

9

Placer Development

Price

Interprovincial

31%

lOOi

Tubes

iPage-Hersey

690

Hydro-Electric Securities Corporation *

Jan

•

common

Products

Steel

37

Ltd

(Frank

Jan

May

33

Ltd

Horner

Jan

*

Ltd

Mills

36 %

*

Ltd

Can

Paper

10%

24

974

*

preferred

l'<

j

Weaving

Lakes

18%

35

2574

of

(A

38

23

1

Great

Ltd

Oct

175

1674

Co

Jan

155

16%

Motor

Oct

24

700

16%

•

Jan

49

5

common

20%

23%

■

National Steel Car

Nov

47

•

(National Drug & Chemical

Sep

42

23

23%
a

Mar

a23% a23 %

49

*

>

Candy

Manufacturing

Ford

7 Va

5,155
1,085

18%

Farmer

Fanny
Fleet

18%

100

774

*

Products

Freiman

1.50

Oct

1874

Steel

Mar

Oct

7%

*

Locomotive

36 Va

Kootenay Power lc/c preferred_100

Eastern

Nov

7% Mar

28%

class

360

•

Foreign Power Sec Corp Ltd
6%
redeemable preferred

1.00

B

__

50

56%

*

Dec

100

28

B

32%

Ltd

Dec

359

Oil

Ereweries

May

17 %

55

Linoleum

&

11

5.15Q

*

East

Oilcloth

8% Mar

9

7%

Ogilvie

Feb

Sep

2.00

28

Noranda

9%

14%

com

Feb

14%

9

774

..'Niagara

144

1.75

•

Montreal

Feb
Apr

14.%

*■

Class

18

Sep

Jan

2.00

priority

Ltd

Frcntenac

Molson

33%

1474

McColl

Mitchell

18% Aug

Nov

7% May

13%

1,000

Massey-Harris-Ferguson

t

Jan

13%

0

class

Jan

7

Oct

!_•

Steel

16

17%
32%

Dominion Engineering Works,

31

:

Structural

841

L_
56%

100

pfd

84

«.

MacKinnon

Nov

5

5%

Ltd

29%

*

!_

Ltd

Jan

49%

Corp

31

B

Bros

Mills

85

—_3;

class

97%

Jan

cl

29%

A)

Acceptance

Warrants "i.
Lewis

—

Sep

47

common

Sec

5

•

Shop.:

85%

225

•

pfd

Sep
Apr

•

(John

Candy

55

50

Consolidated Paper Corp Ltd.

Apr
Jun

common

preferred

a91

49%

*

473,a

40

-

Ltd

Stand

2,450

(John)

Woods

Lang & Sons Ltd
Laura

Dlv

130

23

Mar

a89%

•*

;

56%

5

12

8,525

Dec

a90

__0

—

Advert

Alcohols

Preferred

129

Lines

Pipe

July

100

10%

0

Ltd

25

Interprovincial

1.65

3,160

10 Va

*

Lumber Co

preferred

Neon General

18

i

Labatt

Ind

54%

•

Jan

1.30 May

8%
1.00

100

Ingersoll Rand Co

129

Utilities Corp com_

9%

10%

•
"B"

class

Dock Co Ltd
Industries Ltd common
<fe

56 %

Power

25 Va

Apr

•

Sugar

Ltd

7.50

,_r

Oct

7

77/a

♦

Dominion

Dredge

__100

.Ltd

21

•

preferred

Dec

Jun

5

400

25

35 %

High

Low

350

25

1.00

8

Canadian Westinghouse Company Ltd-*

39%

*

25

25

Range for Year 1953

High

1

preferred

40

common

Shares

Low

9

common

Packers

Casmont

common

Co

1st preferred

conv

$3.00

a7.65 a7.65

29%

•
5

Paper

for Week

of Prices

Feb

45

1

&

Development
Bickle-Seagrave Ltd
Brown

21%

Pulp

Anglo-Nfld

Sales

Range

Par

Anglo-Canadian

Funds

Last

Sale Price

Dec

20%

20%

STOCKS

45 VH Mar

Exchange

Week's

Friday

Jan

100'/a

Canadian

36% Mar

Preferred

Dec

$

Canadian Stock

67% Mar

16%

31

6%

International

Dec

22 Va Mar

37%

35 %

International

Dec

32

Jan
Jun

Jun

I

33%

Apr

Jan

17%

102%

37%

100

Co

Jan

27%

Oct

4.95

13% July

____£l

Petroleum

28 Va

35

Aug

110 110%

21%

Jun

11

101

common..*

'.International

1,130

31%

Dec

102

common

—___

33%

38%

15%

♦

common

33

31%

Jan

29 3%

7r'c
preferred
International Paper

t

10
10

31%

290

?

27 \

2,612

35%

Canada

Jan

40

15%

♦

Bronze

43% Nov

23

38%

14%

25

of

38% May

520

40

35 %

Nickel

Nov

31

1,095

Aug

♦

Gpreferred

37

2,140

43

29%

10

Jan

21%

35%

Intl

Jan

37%

42%

29%

10

Royal

12%

___i.

International

29% Mar

Dec

30

1

Jan

37

Oct

*

preferred

25

Apr

$2.00

s

50

31%

$1.50 preferred

t

28%

Feb

50

Dec

.■

_

22% Mar

100

38 Va

a5%

i_.

Jan

38 Va

9

—..50

Corp1

Jan

18%

38 Va

18

Ltd

Acceptance
preferred

$4.25

95%

3,225

10

255

*

Industrial

130

21

Imperial

3

preferred

98

Feb

■

6T preferred

Dec

23

1,260

100

Imperial Tobacco of Canada

8%

36 Va

42

Scotia

Canada

1

Mar

28 Va

28'

37

alO

Mining

Oil

6

Dec

Banks—

10

16%

Oil

-

May

98

%

10

I

Imperial

.

20%

Limited

Nova

20%

.

•___

51

8%

Canadienne

20

Hamilton Bridge
Howard Smith Paper common
>

12%

12%

Montreal

_

Alabasline—

Jan

54%

Feb

•

—_

2.80

*

Nov

common

__

Sep
Dec

6

Sep

*

.

107/s

alO

__

Wares

Jan

*

Corp

Leaseholds

15%

100

___

4

Walter Gooderham & Works

Apr

7

5

Dynamics

—

Western

Nov

_10o
Ltd

23 Va

a4

12%

alO

common

Bakeries

32% July

Jan

a4

a2.65

710

•

,

Sep

13%

a2.63 a2.67

*
•

Oils

5,465

___100

preferred

28

2,693

%

6

^*

common

Aug

<^L792

16 %

20%

common

preferred

5'2'f

t

Ltd

Mar

34

a__

30

67a

I

Corp

preferred

17

Jan

26%

16%

._1

Canadian

Feb

27%

a__!

25

6%

.20

Corn

Players

12%

75

29%

16%

•

pfd.

5

1,690

Dec

8%

*

class

a91

30

Tooke Brothers

Zellers

7%

<■

Ltd

Co

Nov

15%

26

Triad

—

18%

23%

common

Ltd

Brewery

Eddy

25

33 %

*

Ltd

Dominion

dominion Textile

Feb

Dec

25% July

Jan

•

common

High
27

July

15

15%

*

Power

19'

33

*
Canada

Low

28

Simpsons
Southern

Range for Year 1953

High

com—*

Dec

a__

8%

*

preferred

Jan

37%

Dominion Tar & Chemical common...*

if

13

157a

•

Ltd

Jan

Dec

8

84

40

___20

Nov

Oct

69%

14%

*

Coal

trust

Canada

37% Mar

29%

Jan

•

al4

•

com

common

preferred

24%

4,644

____

Dominion
New

79

*

common

Dominion

2

72%

—

preferred

<

78%

25

preferred

Corset

S

___°

___

of

Breweries

United

Distillers

Williams

Shares

Feb

25%

_

&

2,967

Dec

*

1,
i

Cork

20%

9%

9%
.

—

Glass

Class B

•'

20%

3,299

Sherwin

Sales
for Week

Range
of Prices

Par

High
33 %

a59

•
•*

Consol

Consumers

17%

20'

Low

23

Week's

Last

Sale Price

Range for Year 1953

High

12%

__*

Equipment

(B Jt

Shares

22%
12%

12%

.•

Corporation

Cockshutt

22%

STOCKS

for Week

Low

25

JANUARY 22
Friday

Range
of Prices

Sale Price

WEEK ENDED

FOR

Sales

Gold

Rare

Mines Ltd

Metals

Ltd vtc

1
1

—

54c

-1

22c

*

2.75

a50c a5®c
7c
7c
48%c54%c
22c
25c
2.30 2.80

_

51,900

7,500
35,442

4%c Jan
2.10

Dec

15 %c Mar
84c

1.10

Feb

Apr

4.00 Mar

42

The Commercial and Financial Chronicle..

(430)
;e

CANADIAN
RANGE

Canadian Stock Exchange

Friday

(Cont.)

Week's

Last

Bouzan

Gold

Gold

Brunswick

Mines

Min

Ltd

Mines
Smelt

&

Ltd

Corp

16,500

3'Ac

3'Ac

1,0'JO

12%

12%

250

Canadian

Collieries

Carnegie

Mines

Celta

Dev

(Dunsmuir)

Ltd™
Gold

—

Feb

Home

_1

&

Mining Co Ltd—
Mining Corp Ltd
Chibougamau Explorers Ltd

•

3c

Jan

8c

Feb

Jasper Oil

Mining

23%

Apr-

Kroy

Consol

Consolidated

Arrow

Mines

Howey

1

_

bep

3.70

Oils

6

1.50

1.50

1:80

5,900

1.05

Aug

2.05 Mar

X

7.40

6.50

7.60

22,300

2.12

Oct

6.65

Dec

Aug

35c

Aug

Ltd—_—

Petroleums

8.00

Dec

Mill

City

Dec

1.50

Nov

4%c

Jan

New

Bristol

12,500

6'Ac

Jan

21c

Sep

New

6'Ac Mar

New

British & Dominion Oil
Concord Develop Corp Ltd

4c

4c

4.85

.

500

56c

Nov

3%c July

1,000

45c

Dec

1.35

July

Ltd

500

Okalta

Oils

43.500

10c

Nov

38c

Jan

Pacific

Petroleums

32'Ac 32 %c

1,000

46c

Nov

74 %c

Oct

Phillips

2.70

2.88

13,700

45c

2.000

9'Ac

9 'Ac

2,000

8c

Nov

7c

7c

2,000

6c

Sep

33'Ac

36c

28,503

28c

Dec

1
—

«.

.

-

—

45c

500

1.41

1,000

1.37

Oct

1.37

Oct

2.10

2.10

200

1.25

Sep

3.10

Jun

1.25

1.25

500

1.35

Oct

2.20

Jan

35c

1

19c

Dec

45c

1.32

*

—

1.31

1.32

*

Ltd

—

Jan

1.75

Oils

1.31

.

1.90

1,162

80c

50c

55c

*

200

1.45

55c

1,600

40c

Nov

30c

1

Ltd

9.10

1.35

1.40

1.90

8.75

1

Oil

1.85

1

__

Development

Grass

Sweet

.

90c

*

Ltd

Co

Quebec Oils

--

— —

Oil

32c

3,500

21c

Dec

76c

Jan

Nov

1,500

1.50

6.90

Petrol-Chemical

Trie an

Ltd

Oils

Dome

Mines

Ltd

East Sullivan

Eastern
Fab

Metals

Metal

-

.

Mines Ltd

_

,

*

_

——1

Ltd

Corp

Iron

Fontana

Frobisher
Oeco

Ltd

—

Yellowknife

God's

Lake

Mines

Ltd

Dec

22% Mar

3.50

Dec

6.70

1.42

28,100

98c

Dec

2.40 Mar

35c

14,200

20c

Dec

15%

500

Sep

1,500

48c

Nov

1.53

2%C

Dec

7c

Gold

Mines

Mines

1,400

4.20

Dec

9.25

1

—

6.75

82c

75c

82c

42,900

63c

Dec

1.03

81c

81c

84c

22,90.3

64c

Sep

1.70 May

1.00

1.00

1.00

300

74c

Dec

1.50

Gui-Por Uranium Mines Metals Ltd
Gunner

Head

Gold

of

Mines

the

Bollinger

Lakes

3.15

100

T.50

a98c

100

79c

Apr

20c

10,500

16c

July

22c

23c

2,500

19c

Dec

11

Ltd

1

Mines

Ltd

9

Inspiration Mining & Dev Co
Iso

Uranium

Jack

Lake

Jaculet

11

500

55c

Lead

trust

*

55c

Dec

_

Friday

11%

Oct

15%

Jan

5.20

Apr

2.25

5,900

48c

Jan

42,500

30c

Sep

1.85

Feb

2,000

2c

Dec

6c

&

Power

Paper

8c

Dec

24c

Feb

19C

19c

20c

3,000

14c

Sep

50C

1

6c

G%c

1,500

5c

Dec

12c

Jan

5c

5c

1,000

4'Ac

Dec

14c

Jan

17%

17%

1

■

200

16%

Nov

21%

Aug

14c

14c

1,000

8c

Oct

47c

Jan

20'Ac

,

_

20 %C

Min

Lafayette

&

Dufault

Lake

Shore

Lavalie

Explor Co Ltd—

Asbestos

Lake

Mines

Mines

Mines

Mines

Lorado

Ltd

Uranium

Louvicourt
MacLeod

1

25c

5,500

20c

Dec

49c

Nov

...

Ltd.

_

Goldfields

Cockshutt

Ltd,

Gold

New

Mines

Larder
Pacific

New

T

2,000

4c

1,000

93c

1.16

"U"

13c

13c

13c

1.42

50c

50c

10

-

5

—

■

'

—■'

*

Jan

~25c

„

Gas

Acme

~69 %

Jan

500

21c

50c

Oct

(1945)

O'Brien

Gold

Ltd

Orclian

Uranium

Mines

Ltd

__

Pato

Gold

Ltd

Cons

_

Gold

•Pevchcourt

Pitt Gold

„

25c

__

_

__

Dredging!

Goldfields

Mining

Co

Ltd

9c

Ltd,

,

--

Fields

Ltd

Dec

55c

Yellowknife

Gold

Mines

,

13c

Quemont Mining Corp Ltd

__

,,

__

Radiore Uranium Mines Ltd

Rix-Athabasca

Uranium

..Royran Gold Fields

__

--

1

Mines

1.48
__

10'Ac

Sherrttt-Gordon Mines Ltd_
Silver

Miller

Siadacona

Mines

Mines

4.10

(1944)

30c-

_

Bteeloy Mining Corp
Steep Rock Iron Mines Ltd.

11'Ac
6.90

Cons

Tache

Lake

Tazin

Mines

Tobrit

Silver

Trebor

2.50

20c

2,000

2nd

Copper

38c

ll'Ac
—

Del

Rio

Producers

Federated

&

Ltd

Petroleums

'ootnores

cpP

105

Dev

3,200

12'Ac

Dec

30c

Jan

7,400

18 %c

Dec

54c

Jan

87c

84c

90c

9,100

60c

Jun

99c

Aug

16c

Sep

_1

class

22c

20c

22c

48,G00

5

11%

10%

12%

1,652

3.40

3.60

18.800

2.26

7c

7%c

5,000

5%c

5.10

8,180

4.55

49

5.45
49%

485

48

Dec

49

12%

13%

578

12%

Jun

14'A Aug

A

•

3.45

1

7c

•

5.35

40c

Jan

20

9.15 Mar

Apr

5.70 July

Apr

21c

Sep

Jan

4%c

5%c

42,900

1

28c

42,900

«

4.20

Jan

Mines

Area

Argus Corp
Preferred

Feb
J an

Sep

Ascot

25c

28c.

6,100

10c

Dec

42c

4,500

3.90

238

49c

•

"

—i

__

24c

23c
1.00

1

4c

Sep

10c

Feb

Jan

42c

Aug

40c

45c

8,800

12%

83%

Jan
Dec

9c

100

1.00.

8.25

Dec

12%

510

9

Oct

12%

83%

__

12%

100

-—

Armistice

Feb

31c

'

49%

•

common

/

85

105

78

Oct

85

21 %c

55c

Dec

Jan

Dec

May

Dec

2.00

Sep

Arjon

Gold

-

"3^90

1

Hardware
Mines

class

B

8c

Jan

16c

Jan

15c

24c

75,300

6%c

Jan

30c

Aug

43c

40c

48c

60.010

40c

Oct

15%

15%

100

15

Oct

19

lie

13c

39,960

Oct

27c

Feb

15%

15%

3,410

23%

Jan

7%c

9%c

__

1

:

11

*

—

2,000

1.06

Apr

•

1J

(1937)

Steels

10c

20%c

1

Com

10c

1

Metals

Ashdown
Atlas

Nov

%c

15%

8c

12% Oct

Apr

Oct

9c

9c

500

9c

Dec

33c

Jan

2'Ac

2 'Ac

4,500

2c

Dec

5c

Jan

12c
a71c

300

65c

July

14c

2,500

10c

Dec

21c

13c 15 %c

8 %C

Dec

15c
28c

*

95c

3,000

412

I5e
26c

__

50c

Porcupine
Corp

300

3.00

104% 104%

27 %c

Ltd

Arcan

Oct

Feb

21c

!_

1
1

6%c

6%c

7c

Mines

1

31c

29c

39c

12 %c

12%c

Atlin-Ruffner
Aubelle

Mines

River

Aumaque

__

11

Jan

Aunor

Jan

1.54

Ayillabona

Gold

—1

11,000

8c

Jan

25c

9,000

3c

Dec

7c

Jan

Bagamac Mines

1,500

14%

100

Jan

Banff

Oils
of

''

7c
6c

5,000

25c

Jun

Sep

10 %c

400

2.05

9%C

15c 17%c

14,500

4,000

Feb

3.10

Sep

83,850

14c

Jun

Apr

25c

Oct

2.20

2.10

Oct

11c
61c

Sep

10c

43,396

Jan

61c

Oct

Apr

Oct

4c

36c

18c

Ltd

14.019

-

18c 20%c

2.10

1

„

Mines

36c

14%

84c

1.48

1.55

10'Ac 11%C
4.10

93c
3Cc

1.24
7c

900

Dec

Sep

2,500

26c

.

- 20c

Montreal

5.80

Jan

1.20

Jan

of

Mines

Barymin

Co

Mar

16c

Feb

Base

Feb

Baska

Uranium

Bata

Petroleums

5.80

Oct

9.70

Nov

47c

Aug

Dec

2.99

Jan

6c

Dec

39c

12c

Dec

Jan

42 %

Metals

Bathurst

Bathurst
Class

Dec

37

1.072

31%

Jan

37

Dec

38

5.80

Jan

3.00

July

42 %

43

Oct

44

Dec

42%

44%

659

38%c

Apr

45

Sep

1.25

1.25

1.30

7,325

1.05

Jan

1.55

Apr

1.50

1.50

1.58

4,330
1,360

1.30

Dec

4.20

Jan

70c

Ltd

50c

1.75

Sep

1.60

36%

10

Ltd

Dec

18c

2.95

600

_1

,!

Warrants

7'Ac July

115,000

8,585

1.07

1

Toronto
Mines

Barvue

Feb

Sep

4.25

1.87

36%

10

Bank of Nova Scotia

Barnat

42c

12c

4.05

__

UO

Bank

Mar

4.15

*

Feb

3.40

15c

1

™50c

—

Dec

90c

Aug

3.80 Aug
73c
Oct

7,684

10c 11'AC
6.80

50c

5,000

4.20

2 7'Ac

1,000

22

Nov

9,800

i

1

Bailey Selburn Oil & Gas class A
15

25c

28c

3.65

3.65

400

72c

73c

11,850

4,030

Apr

1,210

70c

70c

1.50

1.55

12,800

_•

16c

15c

16c

14,900

•

52c

46c

•

—

Mining
Mines

„

27.050

21c

21c

1,000

1

45c

45c

41%

41%

18%

18%

22c

25c

7

7

7

150

50c

50c

60c

2.900

25

39%

39%

40

11,907

Corp

class

A

0

B

41%

«

1.10

Jun
Oct

Beattie-Duquesne

Jan

Beatty

Feb

40c

1.30

14c

Sep
Jan

Sep

1.95

Feb

1.63

Sep

43c

Feb

31c

Sep

15c

Nov

49c

Jan

Oct

45

Jan

14% Mar

1.10 May

500

*

Power

60c

*

Ltd

Mining

30c

Sep

Beaver

10c Sep
22c
2.55
60c

Dec

1.65

46c

38c

__

35
100

'

15%

15%

200

3c

3c

l,5i.O

1.86

1.95

2,400

Bros

33c

38c

36,300

11c 12'Ac

5,700

50c

60c

3,000

Nov

4.80 Mar

Bellekeno

1.10

Beta

NOV

5.30

Sep

24%

2c

Sep

5'Ac

Feb

Jau

3.25

Apr

2fic

Sep

ll'Ac Dec
50c

Dec

&

Gas.

Oils

Jan

.

43c

31

20

Jan

16c

Dec

49c

Jan

6

Apr

8

53c

Dec

35

Sep

page

8.15

Bibis

Mines

Gamma




40

4.75

Dec

18'Ac

Dec

6u0

3.05

Sep

5.90

10%

10%

10%

800

8.10

Sep

13%

Yukon

Hats

class

A

pfd

15c

24,300

14 %c

Dec

40c

51,900

25c

Dec

1.00

Feb

25c28%c

137,400

24c

Dec

1.00

Jan

10c

10c

13c

12,400

7%c

Oct

1

Bidgood Kirkland
Biltmore

14c
27c

27c

1

Mines

15c
38c

1

6%c

6%c

7%c

Sep

14c

13%

16,100
40

5%c

13%

12%

Jan

16

*

72c

33c

5.10

3,400

3.50

Sep

6.60

Jan

3.80

3.85

400

40c 42 'Ac

8,500

Gairdner &

Company Inc.

Jan

4.85

—

—

85c

1.90

1.90

26c

2Gc

40c

40c

4.000

200
.

1.000

1

45

28c
39c

Jan

Sep

95c

Gairdner &

Jan

Sep

4.25

96c

Jan

1.80

4.630

a4Ce

200

3.95

4.10

1,303

85c

1,600

1.20

July

80c

CANADIAN

Jan

35c
3 40

70c

Sep

3 70

Jan

Nov

1.18

Jan

Sep

7.50

Jan

Nov

2.55

Jan

Company Limited

—

WHitehall 4-5335

Affiliates

Gairdner, Son &Company

Investment Bankers Association

Jan

Dec

Street, New York 5, N. Y.
Canadian

12% Mar

Sep

40 Wall

SECURITIES

1.72
a40c

85c

6.00

25c

Feb

1

Jan

80c

Jan
Jun

•

Mines

Gold

Jan

1,700

—

45

2.10

Jan

23,803

1.80

—

5,282

Jan

4.40

27c

a4Gc

Ltd

.

66%c Mar

4.15

40c

Inc

25c

•

Lodge
Bell Telephone

Oct

13%
1.38

1

Nov

5.40

41c

Gaspe Oil Ventures Ltd
For

100'% May

104%

Jan

May

Aquarius

21c

1.90

Ltd

Minerals

24

Apex Cons Res

4.05

—

.

Empire Oil

53%

Apr

Feb

1.10

1,500

A.

Ltd

Cordasun

Dec

21%

445

Jan

2.90

5.10

class

Calvan Cons Oil & Gas Ltd
Canada Southern Oils Ltd

Consolidated

40

3,800

24%

Feb

1.10

12c 12'Ac

25c

Oil

43,c
Jan
49% Jan

Jan

1.15

80c

5.40

Gas

Allenbee

Oct

80c

2.15

500

Ltd

Calgary & Edmonton Corp Ltd™

Consolidated

Dec

31

30c

Dec

1.40

Ltd.

Co

Oils

25c

1

Stocks—

Oils

Oct

500

1.690

Dec

36c

Jun

6c

.

—

Tungsten Copper Mines

Admirals

1.45

28c

Dec

Sep

600

3c

Mineral Products Ltd

Leduc

500

Feb

42%
48%

Petroleums

Nov

25,000

Ltd.

Wendell

Central

Nov

1.90

2.80

28c

24

Lead

70c

33,000

__

Pyrite

Canadian

2.05

1.90

Dec

40%

__

——1

Anchor

14c

12c

72c

Weeden

&

Nov

47'A

Petroleums

Anacon

80c

16c

—

Petroleums

Feb

2.40

48

Yellowknife

Oil

1,400

alOc

„

Antone

3.85

Oct

24%

pfd

Larder

American

Bevcourt

Bailey Selburn Oils

Oct

1.45

•

1st

Nepheline

3,000

10c

26c

Oil

3.05

25

Canada

Leduc

G5c

15c

_

Oil

1.05

100
550

41%

*

preferred

83c

a9c

Ventures Ltd

Anglo-Canadian

21,300

1.85

■

Corp Ltd.
Dnited Montauban Mines

Western

___1

1.45
3.35

1.75

1.90

of

Amalgamated

65c

2,000

Ltd

&

1.31
3.35

8c

Mar

100

1.40

Mines

1.40

1.75

17c

18c

67,300

2.60

2,000

Asbestos

Vinray i Malartic
Violamac Mines

•

Feb

Jan

2,600

5'Ac Dec

6c

2.60

^
Mines

1.35

104,300

Feb

3,150

—

United

Sep

29c

66c

28c

Ltd

Dddlen

75c

,lic

Dec

1.85

Mines

Mines

900

27c

Nov

7.00

Ltd.

90c

9%c

Jun

a9c

Ltd

90c

Feb

27c

7c

1.85

Ltd

1.65 Mar

g%c

15c

16c

Mines

Tiblemont Goldfields

27c

Dec

1

65c

27 %C

Mines

Sep

75c

1

14,000

1.85

Sudbury Contact Mines
Sullivan

13c

13,000

15c

Mines

14,200

93c

Ltd

48c

1,500

80c

12c

Ankeno

Feb

19,200

81c

Ltd

Ltd

Dec

16c

78c

•

_

3'Ac

Ltd

_

11 %c

16c

80c

0

common

Cons

Bank

Quebec

Queenston Gold

18% Mar

Anglo Rouyn Mines

12c

(Quebec- Smelting & Refining Ltd

Feb

Jan

1.30

a71c

...

Feb

7% Mar

*

11c

__

Quebec'Labrador Development Co Ltd,

13,150

Nov

Oct

12 %c

—

Co

Aumacho

Que Chibougamau Gold
Quebec Copper Corp

16%

1

Gas

Ltd

American

Athona

Pacific

280

Ltd

Aluminum

3.90

_

171/2

Petroleums

Distillers

38'Ac

—

...

171/4

Knife

Consolidated

83c

Ltd

Pyrites Co Ltd
Opemiska Cop Mines (Que)

i7i/2

6

Anglo-Huronian

8c

20c

Mines

Ontario

780

Mar

-

Obalski

6%

Pulp & Paper pfd__50

1.89

4 %c
.

6%

•

Anglo Canadian

14%

8c

—

Q3/a

*

Jan

Mar

20c 29 %c

5%c

.._l)

26%

Oil

1.65

8c

Oct

Anglo-Canadian

66c

9% Dec

1,500

1.68

17

22%

8c

Dec

20c

500

G7c

29 %c

Apr

1^630

41c

3%c Nov

4%C

67c

1

_

Sep

23c

4%c

•

Ltd,—.

Apr

_51'A

250

—

,1

High

12%

26%

16c

Alberta

Aluminium

Low

16,445

26

1

Alberta

.Voting Trust
Afberta Pacific

Range for Year 1953

High

•

Yellow

Albermont

Shares

26'A

AJax Petroleums
Akaitcho

for Week

18

Oil

&

Sales

Range

16%

Acadia-Uranium

Amurex
2.59

11'A

67c

Jan

Dec

1.Q00

1
_

Sep

23c

—.

Jan

Exchange

Low

•

American

Feb

9'Ac

1.18

23c

1

Mines,,

12c

11

■

1

—_

Ltd

Corp

12c

3'Ac Sep

23c

1

Coal & Oils

Mining

Feb

8.65

Oct

500

i55 %

Oct

5c

2,500

a55%

5.50

7,000

1.36

1

Island

1:61 Mar

44,303

Ltd
Mines

6.15

200

6c

_

Santiago Mines Ltd

Normetal
,

5.70

4c

1.14

1.10

Jan

1.36

Formaque Mines Ltd

New
New

70c

Sep

1

Mines Ltd
Merrill Island Mining Cor Ltd

Calumet

Feb

Sep

75c

6c

__

Mclntyre-Porcupine

New

10%

12c

300

Ltd_,l

,

..

Sep

20,200

a72e

5.70

——

1.00

Mines

Mining Corp of Canada
Mogador Mines Ltd

8.15

__*

,

_

Maritimes Mining Corp

Monpds

1

825

20c

a72c

'

—

,1

,

...

Co

—

8.25

17'Ac

18c

1

.

Ltd

Lingside Copper Mining

8.25

1

LIU

Ltd..

Jan

is

common

Algoma Steer
Labrador

2,000

Jan

1.65

20

preferred

May

*

73C

Feb

90c

Sep
35 %c Sep

•

common

Class A

Feb

1,500

—

59c

of Prices

Par
Abltlbl

Acadia-Atlan

7,600

10c

1

60c

500

Week's

Last

Sale Price

,

-J

60c

1

7,500

71c

72c

72c

STOCKS

$1.50

36,000

12%

Feb

3'Ac

_

60c

Toronto Stock

Jun

13.50

9c

1

Ltd

—1

Jan

—1

_

55c

71c

—10c

Ltd

Jau

61c

Jan

55c

—■

—

Oils Ltd

Petroleums

1.29 Mar

3c

Ltd

Mines

Zinc Mines

&

3.95

n%
61c

9c

—

Mines

Gold

Dec

1

.1

..

_.

Keyboycon Mines Ltd
Kontiki

12%
2.00

Kayrand Ming Devi Co Ltd
Yukon

12%

1

Ltd

Kerr-Addison

26%c 30'Ac

26 %c

2.06

Mines

Jardun Mines Ltd voting

Kenmayo

—

1

Mines Ltd—

Mines

—'

■

—1

Iron

Gold

Cons

*

Ltd

Limited—

Co

Western Homestead

Wilrictf

Canadian Funds

18c

18 %c

Jan

1,400

8.15

—

•

Oil

Westburne

Feb

a98c

•

Ltd,—,

ltd

Feb

1.68

*

Limited.™

Oils

Jan

5.00

'

Grandines

United

Apr

1,000

6.45

--

14

59c

2%c

5.00

~

Jan
Mar

2.25

1.64 May
23% Jan

Jan

58 c

"

*

Gold

13%

4.25

14%
'

1

Giant

35

500

4.10

2%c

1

Ltd

115 %

Dec

SGc

1.25

——

1.25

__.l

—_

15%

■:

31c

>'

•
—

_

Ltd.,.,

(1945)

Limited

Mines

a

■

1

Mines

Mines

•

1

Mines

Falconbridge Nickel Mines Ltd
Fenimore

35c

I

3.30
13

____1

^

"

—

—

Sep
Sep
Sep

Feb

25c

15'Ac- Mar

Tri-Tor

D'Eldona Gold Mines Ltd

Sep

1

Petroleums

12'Ac

—

Jan

Feb

2c

— —

...

j.ill

40c

2.50

1

26,503

4.510

45c

.

Cons Que Gold Min & Metals Corp
Consolidated Rocnette Mines Ltd
Cournor
Mining Co Ltd™,

13.25

3.65

10'Ac 11 'Ac

13c
—

Sep

3.40

2,0'JO

56c

1

Golden

6.00

3.60

19,100

1.31

1

2,165

1

41c

—

1

High

8.90

8.85

_1

Ltd

Corp

Low

8.00

2'Ac

•

Consolidated Candego Mines Ltd

Range for Year 1953

High

8.75

36c

10 %C

.1

...

Cons

7.95

„

•

Low

♦

Ltd

Co

2'Ac

36c

*

Ltd

Century

Cobalt

8.80

Ltd—*

—

Mines

Shares

Ltd.-

22c

Dec

lor Week

of Prices

Corp

Oil

Jan

10%

Sales

Range

Par

High

3%c

1

Week's

Lasi

Sale Price

Merrill

Cartier-Malartic

i'i

STOCKS

Low

7c

1

—

JANUARY

Range for Year 1953

High

6c

3 %c

—:—l

Ltd

MARKETS
ENDED

Friday

Shares

6c

1

WEEK

for Week

of Prices

Low

Par

Bouscadillac

FOR

Sales

Range

Sale Trice

stocks

.Monday, January 25, 1954

«

Members: The Toronto
Stock Exchange
Montreal Stock Exchange

of America

Canadian Stock Exchange

Members: The Investment Dealers'
Association of Canada

Wire system to all offices

Jan

Nov
Jan

Mar

Number 5293

Volume 179

...

The Commercial and Financial Chronicle

(431)

CANADIAN MARKETS
RANGE

Week's

Friday
STOCKS

Last

i

Par

Eobjo

Mines

Bonvllle

Bordulac

Boymar

30c

10,900

21c

25c

259,380

10c

18,00.0

6%c Dec

Pete

Brantford

—

—

Cordage

class

Bright

<T

G)

.11....

■■

■.-.■!

1

British

American

i,480

2.90 Dec

5.25

Feb

1.00

Sep

1.90

Jan

Consolidated

13%

13%

100

13%

Nov

15%

Jan

Cons

7'/a

7%

11,424

6%

Dec

11%

Jan

Consolidated

Mining & Smelting

•

22%

7c

Nov

17c

Feb

Consolidated

Nicholson

*

12%c

Dec

20% Mar

Consolidated

Orlac

.

11'Ac

11c

19%

13c

63,350

19%

60

.

17

1.30 July

2.00

2.15

34,700

4.75

4.20

4.80

16,650

2%

21

1

20%

21

6,688

16%

Oil

18c

Sep

3.35

Guayana

Consolidated

Columbia

4%%
5%

Electric

4%

Peak

Oils

10%

Jan

Consolidated

Press

class

Jan

Class

Packers

79%

77

76

Feb

81

90

91%

208

87

Jan

48%

48 %

48%

1,145

47

Jan

95% Aug
50% July

Consolidated

6%

6%

6%

2,700

4.60 Apr

Dec

Consolidated

British

Columbia

Empire

13%

13%

13%

50

15% Mar

Consolidated

West

9'/a

9%

9%

400

10% Aug
6% Sep

12

Consumers Gas

Mills

Bruck

18%

17Vb

18%

3,746

41c

37 %c

42c

89,350

1

2.20

2.17

2.20

9,660

4.50

4.50

200

class

B

*

.

Ltd__.

Mines

Brunsman

•

1

Mines

Brunhurst

Brunston

Power

Oil

Mines

Reef

1

6

Mar

Mining

Brunswick

Oct
Dec

1.40

Jan

Copper-Man

2.10 Sep
4.50 Oct

3.25

Feb

Corby

8.50

Feb

Class

45c

Apr

Cosmos

21c

Apr

May

12c

15c

22,550

10c

10c 13 %c

13,000

8c

1

Smelting

Mining &

1

17c

.

16 %c 18 %c

26,775

11%

| Dec

35c

Feb

Sep

10c

13,000

Cournor

Building Products
Yellow

Bulldog

3

*.

Knife

4c

1.05

Burrard

class

B

Calnorth

7%c

Jan

20%

820

17%

Oct

22

Mar

39

736

30

Jan

42

Dec

7%

7%

150

20c

22c

34,600

10

10%

1,430

7.50

Sep

15%c

17c

19,350

15c

Jun

6,000

20c

Sep

•

22c

10%
l(jc

Oils

25c 25%c

25c

Oil

&

1

4.80

5.20

22,350

2.85

2.82

2.90

3,882

1

Chibougamau
Campbell Red Lake

5.10

1

Gas

Campbell

Bread

2,000

12c

19%

Flon

Cons

Canada

8.50

8.40

8.50

2,650

2.95

2.95

200

*

common-

Cement

•

common

Preferred

20

Crushed

Foils

Canada

Iron

Canada

&

Cut Stone

6Vb

25c

Oct

8% Nov

7%c Jan

3.25

45 %C Aug

class

Foundry

10

•

7%

100

5%

Jan

8% July

2.50

100

2.25

Feb

3.05 July

43c

43c

3,000

35c

85c

8,485

50c

9c 10'Ac

37,700

10%c 10%c

__

1,600

8c

Jun

—

9c
—

70c

Feb

51'Ac

Dec

Aug
Dec

7'Ac Sep

96c

1.00

1,433

41c

17%

6,355

14

Jan

3.55

—

3.90

4,410

27c

3.25

Feb

20c

Apr

17%

17%

1

Jun

1.00

Oct

17

Dec

Dec

5.45 Mar

81c

1,386

15c

Dec

57c

Feb

11 %

10%

12%

3,925

8

Jun

11

Nov

11

10%

11%

395

8

Jan

10%

9'A

81c

—

*

9
'

9%

245

20%c

30c

30c

7,000

Jan

Nov

12'A

Sep

17c

Dec

50c

Aug

6c

Dec

6c

7'Ac

4,250

31c

44c

13,000

25c

Dec

—

60

60

53

55

Dec

5

35%

34%

35%

2,370

27

July

1

8%c

—

Class

16'Ac Mar

Oils

Davison

Del

73c

Jan

Dome Exploration

Jan

Dome Mines
Dominion

Dairies

98

2,052

72

28%

1,374

26%

5%

70

4

Oct

7

13%

115

13

Nov

17

Apr

19'/a

20%

1,000

19

Oct

20% Feb

9%

9%

100

7

Feb

11

11

130

10

July

20%
11

91

Feb

29% May

Packers

Canada

Permanent

Canada

Southern

class

$

B_

_

.

Canadian

Admiral

Canadian

Atlantic

2.00

2.15

4,400

1.30

Oct

32%

32'A

1,270

28%

Feb

35

May

49

Jan

58

Nov

32'A

>

60

61

625

8.85

5.525

2.60

100

«

93

93

93

87

50%

50

50%

155

10

Car

•

Canners

Canadian

42c

40c

33%

16,598

5.35

5.35

33%

814

23

22%

23

10,833

28%

30

1,247

18

18%

19%

20

33

20

Celanese

•

common

preferred

$1.75

Decalla

Canadian

Cellulose

&

3.00 May

common

3

Dow

Petroleum

90%

Dec

Products

Food

Canadian

Preferred

Dec

Duvex

24%C Oct
2.85

28%

95c

Jan

33

Apr
23% Jun

33

Jan

200

15%

Sep

19

Jun

16%

Sep

20% Mar

31%

2,450

17

Deo

21% Deo

245

21% Nov
30

46

Oil

Nov

34% Aug

8%

2,290

7%

Dec

14

8.90

20,750

2.20

Sep

G2c

65c

2,100

50c

1,600

15c

,Jan

8.00 Dec
86c

Jun

20c

Sep

East

70c

80c

7,600

42c

Jan

31c

Nov

55

57%

1,570

45

Jun

3.50

*

3.50

125

58

58

20

49c

55c

•

common

49C

22,850

13%

12%

13%

preferred

100

100%

101

preferred

100

84

84

1.70

1.70

300

75c

82c

6,200

Warrants

1.70

—

Canadian Oil

& Gas

Pacific

Canadian

Reserves

Railway

Jan

2.00

1.51

Jan

55% Nov

Jan

4.00

Canadian Pipe Line

Sep

66

Dec

35c

Nov

55c

Jan

Canadian

Prospect

Canadian Tire

Leduc

Central

6.25

6.25

200

54

110

17%

20%

12,610

2.50

6,700

34%

35

583

23

*>•*

23

1,857

——

90c

500

6.50

2.45

6.70

3,080

1.33

2.30 Mar

Sep
4.00 Aug
27% May
14

6.10 May

45%

Sep

1.20

19

Oct

3.30

Jun

35

14

Apr

17

Dec

4.05

Mar

1.50

Oct

Oct

Apr
Feb

9.50 Mar

2.45

1,756

2.15

May

2.90

Jan

300

3.20

Sep

6.00

1.99

10,950

75C

76c

1,925

16%c 17'Ac

1.10

1.10

2.000

1.40

Sep

15c

.4.30 Jan

Dec

70c

1.32 Mar

Sep

.

30c

Aug

56,700

1.03

Nov

1.25

8 %c

9c

5,000

8c

Oct

19 %c

Feb

20C

21c

3,000

11c

Sep

45c

Mar

1.48

1.65

25,200

Sep

1.56

1.75

95,420

7c

7'Ac

13,500

5c

Jan

15c

Feb

34c

18.100

23c

Jan

83c

Jun

7c

Mines

Chibougamau

Explorers

Ltd

.

95c

1.04

Willan?

51c

58c

3,050

40c

Dec

1.30

1.52

89,675

72c

Jan

8c

5c

8%C

6,200

5c

Sep

1.28

1.40

1.40

Jan

4.40 Mar

14'Ac

Jan

41.100

1.25

Sep

„

2.40

80c

83c

9%

9%

10%

1,530

33c

30'Ac

42c

9.750

25c

Oct

74c

Mar

5c

5c

5c

3,500

4c

Jan

11c

Feb

!

Y'Knife

Commonwealth Petroieum

—

National

Coniaurum

8

Mines

Consolidated

Allenbee

Consolidated
Consolidated

Bakeries

Consolidated
Consolidated

Cordasun

Discovery

3.85

7%

3.85

8

7,600

250

685

,71c
9%

3.90

7

Dec
Oct

Jan

32

31'A

32'A

1,310

27'A

Apr

34

4.50

4.50

4.50

60

4.00

Nov

5.50

Aug

14

14

14

20

Apr

15

Mar

5

5

125

14%

14%

—

3%

July

7% M§r

Nov

15%'. Jan

Apr
Sep

1

12

11%

12

250

•

10%

10%

11

I,951

10%

Sep

16%,, Jan

•

18%

18%

18"%

1,585

14

Sep

19'A

8%

7%

8'A

2,847

7'A

Dec

9

Apr

—

21

21

100

19%

Jan

21,

Dec

6%

6%

7

1,375

Nov

11

Jan

Steel

common

Coal

&

Stores

common

14%

23.50

Jun

43c

44c

1.000

25c

24 %C

27c

36,100

20c

Dec

9c

lie

12,975

7c

Sep

7%

400

7

Jun

f

7'A

*
*

bm*

Wollens

3
—1

:

&

100
16

9% May

Jun

Mar

,

12%,;. Jun
Nov

47,600

20

—

am

30

7
2.00

Feb

5.00

Oct

45c

Sep

15

Jan

94c May
18% Dec

~

32c

34c

1.000

25c

Dec

96c

—

Jan

1

21c

21c

24c

Dec

58c

Feb

78c

76c

79c

14,700
148,475

205

1

21c

Sep

8£jg

Oct

1

Gas

9%c

9%c

9%c

7,000

7'Ac Sep

12c

July

Minerals

&

50

2;^°

--

1

—

:

—

-

MalaiLic

East

Rim

2.15

14,355

1

88c

83c

89c

27,800

1

4.10

4.00

4.25

8,365

—1

1-25

1.24

1.43

135,350

1

Mines

Sullivan

Nickel

Mines

Mines.

Eastern

Metals

Eastern

Steel

:

-

*

—

'

27

100

1.45

6

3.15

Sep

FCb

Sep

70c
3.45
45c

1.65

Jan

Dec

6.80

Jan

2.45 Mar

Jan

4%

100

27

6

10

;

Investment

2.01

2.01

Eddy

Sep

8%-(Apr

24

Oct

27% Mar

21

Mar

23% Feb

Mines

El
El

,—20

—

v-_

23

23%

126

-1

class A

Paper

Elder

50c

48c

50c

10,800

37c

Oct

,7c 7%c
7<£c 7'/*c

4,466

6c

Sep

600

5c

1

Oils

Pen-Rey
Gold

Emerald

34c
20c
73c
25°

--1

Ltd

1

Co id

„

--

*

Glacier

Mines

Eureka

—

1

Sol

Warrants

31c
20c
64c

*

Falconbrldge Nickel
Famous

36c
22c
75c
2®c

II,500
14,400
31,300
7,600

Federal
Federal

250

Kirkland

Fibre

commori—«*.-■

Products

Ltd

Fittings

common

4 20

Ford

Motor

class

9

s*

•

A

14,200

78c

22c

Aug;

48c

13

Sep

Mar

1.00

Sep
Dec

Feb

May

65c

.

Dec

18c

16'Ac

Mar

15c
16c

Jan

1.55
v

t

52c

Feb

Jan
Jan

26 /2

25

Jan

27

Oct

Jam

13c

Jan

69,420
17,630

4 00

245

3.10

Sep

47c

Dec

1,100

15c

Nov

■

405
1 go

13,583

8,710

iU-A

„*5

6,000

5%c

6%0

300

7A,/

5c

44,800

7i,A

135

J"7o

Nov

Mar

20c

gy
-

3.25 May

21%

15

3 50

;;

Jan

Jan

21% July
Jan

25

24

4-25

62c

1.20

1,23%

545

20c

54c

18
Sep
19% Sep

1,470

2®

3-9°

55c

,

*«.

Manufacturing

2.02

^

10c 13 Ac

,
„

Fleet

1,193

26

12%c

j

B warrants

2j

1.90

26

•

Federated %
petroleum
IrOD „Mmes—

reueraiea

20 A

19

*

1

—

2,775

A

1.90
1J

20

preferred——

Grain

federal

*

A

class

Grain

6,525

J4$ £5%
20 A

23

—1

Ltd

Oils

Fargo

14%

20/»

Players

Farmer

Francoeur

Fraser

•

Co

3.50

Sep

8'/a Aug
80c

Sep

59

Apr

7.50 Ma*

1.54

Apr

Aug

38c

Jun

7.00

9%

Apr

Feb

2.25

Mar

68

•'

Gold

Cos

*

—

14%
—

—*

Frobisher Ltd common
Warrants

-

—

15'A

15'A

4.90

4.85

50c

50c

5.05
63c

445

15'A

•

common

—

4°!o

debentures

14,340
11,110

Jun

11
5 %c

Nov

13% July
4.10

Sep

14% Aug
10c

Feb

18

Jan

9.20
2.20

&S

Feb
Feb

1.20 May

Gas

Power

Gatineau

5%

•
—*

common

7%

42c

42c

1.98

1.98

General

42c

1,100

2.05

13,400

40c

38c

1.50

Jan

16% Mar

4.83

Dec

July

1.35 Mar

12%
80c

1.03
21c

9%
85c

2.58

65

100

Feb

106

30

104%

Jan

110%

4.90

Jan

6.00

104%
110

106
110

5.55

6.75

5'Ac

5'Ac

5%c

225

38'A

37'A

38%

525

62'A

.60

62'A

1,170

6dc
1.80

Jan

22'A Mar
July

86,093

*

5

■.

—

31

July

45

52%

Oct

63%

Dec
Jan

May
Feb

1

common

Products

Steel

Mfg

Wares

class A

pfd

5.25

200

4.75

Oct

8.50

Jan

5.00

5.15

950

4.40

Sep

7.50

J*n

25

41

Jan

48

100

100

35

99

May

104

7%c

3
1

-

Gold

5.25

5.00

100

Lake
Yellowknlfe

5.25

1

Petroleum

Geneva

21%

-3

Bakeries

General

Sep

20% May

74c

21%

—

A

General

50c

6,350

68c

21%

6.00

General Motors

Class

8,300

3,920

\

Ltd

Dynamics

General

Sep

5

25c

1

100
100

preferred

Mines

DeS

16c

92

21c

,

preferred

5%%
Geco

90

92

25c
71'Ac

—

1

Exploration
Exploration of Alberta

9'Ac

73,500

47
—

8c

47

926

7c
7.30

Mar
Jan

Jun

12'Ac

Dec

Dec

11%

Jan

1

8.30

8.05

8.30

1

3%c

3%c

4%c

5,100

*

Mines

Jan

Glenora
God's

Gold

Lake

Gold

90c

88c

98c

28,043

66c

Jan
Mar

53c

May

j

Eagle

7%c May
1.30 Mar

1

Goldale Mines

Goldcrest
Gold

2'Ac Jan

32c

32c 36'Ac

35,500

18c

1

18c

18c

21c

14,400

15c

Dec

46c

Mar

Sep

15c

Apr

Dec

10c 12'Ac

39,100

1

Mines

6c

48c

48c

58c

22,400

1.45

1.55

1.50

1.55

2,050

36c

Dec

1.00

Feb

5c

5c

550

3c

Dec

9c

Feb

3'Ac

Jan

12c

3c

Jan

10c

Jan

100

Nov

Nov

20

Oct

1

Manitou

__

3.75 Jan

Feb
Feb

Jan
Jan

Jan
Jan

Aug

Goldflelds

Uranium

1

*

Goldhawk

Porcupine

I

*

Goldora
Good fish

Mines

Goodyear
Grafton

1

Tire
&

Co

common

class

A

5'Ac

4'Ac

7%c

58,650

1

Mining

4c

4c

4'Ac

1,950

*

100

98

100

128

88'A

3

17

17

17

250

14%

For footnotes see page 45.




13

Apr

East

Golden

9%c

—

Oil

Astoria

7.75 Mar

22%. Mar

Apr

Cockshutt Farm Eauipment
—

Dec

Dec

9

East

Giant
.

Coldttream

Copper

83c

1.20

Dec

1.95 Mar

Sep

51c

Consolidated Mining Corp

3.80

13%

12%

Oils

General

1.32

Gold

Citra-Lartic

200

1,040

96%

2.10 Mar

1.71

29c

Mines

1.38

9C

50

4.45
15%

90

Gaitwin

21c

Chemical Research

4.40
14%

Jan

1.80

—

Oils

Nov

r

—

Jan

3.90

75c

Gold

Jan

1,160

Foundation

27%
80c

Dec

1.55

Centremaque

Feb

2.96

14%

Fenimore

Dec

2.42

1.99

Uranium.

12

Sep

3.70

—

Chamberlain Oil

Cochenour

32% Jan

9,180

90c

Porcupine

Chestervllle

Dec

1.49

6.60

Patricia

Lake

1.77 Jun

1.42

•

Oil

Central

Dec

10% Dec

6.25

Juty

88c

20%

2

Ltd

101

July

3.10

4,410

53 V2

A

Industries preferred
Cariboo Gold

1Q1

Oct

3,945

2.35

Canvar

Trethewey
Explorers

1.30

23

20

Corp

Dec

12%

Canadian Williston Minerals

Asbestos

Jan

82

1.49

33%

15% Mar

Sep

97

10

12%

Corp common—

class

12

35

22%

Canadian Vickers

Canadian Wirebound

2,330
-

23

Products...

45c

29

Feb

47

12%

Canadian Petrofina Ltd pfd—

Sep
Sep
Nov

5,175

Amphi

Estella
80c

57%

•

Cos

11c
96c

24

12

Oils

Fannv

Canadian

10,748

Jan

t

8%

100

common

,

1,900

29%

Feb

6.50 Mar

Sep

•

Malartic

Canadian

1.82

29

Mines

Dragon

50%

•

Dredge

41,550

17c
1.75

Jan

3.75 Jan

100

Brewery

Jan

7.95

19 %c

Devonian

Canadian

19c

17c
1.75

29%

Eeb

1.92

Oct

Tar & Chemical common—•

Donalda

Apr

400

24

31

31

Warrants

Canadian

1.15

i

Dominion

73

8%

•

;.

33,825

11%

Dominion Textile common

46%

8.90

T_*

(Dunsmuir)

23%

23'/a

25

Chemical

Canadian

Canadian Colleries

1.82

99%

Economic

Canadian

1.62

•

Preferred

Apr

12% Mar

Sep
1.25 Sep

11,720

29%

•

common

Class A

42c

4.90

5.35

•

Breweries

Canadian

1.80

1.30 July
52c

Dec

—■

Dyno Mines

*

Canadian Bank of Commerce-

Canadian

Nov

1.10

3.00 Mar

8.70

2

Sep

19c

800

11%

Dominion

5.05

8.80

Oil

70c

65,647

1.00

100

Dominion

Oct

60 %

Oils

12,200

37c

1.20

5'A Aug

——•

Preferred

Jan

2.40

_20

common

1.10

32c

1.15

Dominion Foundry & Steel com

July

1,900

50

Lines

SS

Jan

35c

1.10

*

Dominion Magnesium
Dominion Scottish Invest

9

3.90

Warrants

Preferred

—

Electrohome

12%

3.70

2.G0

_

16'A

Apr

Dec

3.80

1

Mortgage-

Oils

Apr

4%

3

common

Preferred

Oct

13%

Apr

12 *A

100

-35

Bank

Dominion

5

85

5

10

4.60 May

Feb

15

5

•

10.50 Jan
3.50

Feb

14

2.50

(Western)

Jan

Oct

19c

2

Seagrams

6.70 Dec
2.90

18c

Jan

25c

Oils

Distillers

6.65

Dec

1.15

1

Minerals

Detta

7c

10c

—1

Ltd—

Producers

Rio

4,000

1,000

1

—

Mar

9c

1

Ltd

Mines

Mines

Dec

14c

—

50c

;

.

Gold

D'Eldona

Sep
Feb

34%

8%c

—

*

50c
76

12'Ac

—

*

A

B

Delnite

—

1

class

Leather

Davis

Devon-Leduc

2.05

Canada

Conduits

Jan

7%
2.50

—

•

Mines'

Jan

91

*

Oil Lands

Colomac

1.40

75c

'

1

Mar

28%

*

Warrants

Cobalt

Dec

1

Dominion

Chimo

15c

100

33c

5

*

A

Machinery

Chesklrk

24,618

Mining

14%
.

Sep

2.25

Feb

,28%

*

Northern Power

Charter

19c

Pershing

Dominion

Centre

17c

Crown

Jan

37%

A

Flin

34c

20%

& Edmonton

Caliinan

39% Mar

Nov

34

37%

Calder Bousquet

Calgary

Jan

9c

12c

*

362

4,000

—3

—

class

37

12c 12 %c

12c

„*

Steel

Co

<fc

36%

37

1

Hill

Burlington

Central

Jan

17'Ac

Nest Coal

D'Aragon

Central

Feb

30c

Feb

87,660

5%c

Castle

39c

Dec

—

Zellerbach Corp
Crowshore Patricia

Dec

24c

5c

Casslar

Jan

Sep

1

Feb

12 %c

19 %c

5'/o

Mar

7c

Mills-—

Imperial

Crow's

Jan

5c

4'/o

12%cl3%c

50c

34%

•

Croinor

50 %c

23 %c

Canada

Sep

10c

;

Mines Ltd
voting

Feb

14,750

•

Canada

22

12'Ac Dec

3,800

1

B

15c

72c

1

Canada

7,929
20,000

.

Dist

(H)

23% Apr

65c

Lake

Canada

3,116

23%
9c

*

93c

1

Canadian

Canada

16c

22%

Dec

2.22

8c

10

Nov

20,000

Red

Canada

Pete

Dec

9c

Buffalo

Calvan

Jan

85c

8%c

1

Dec

2,735

8%c

Buffalo

Burns

;

5c

12%

1

Ankerite

Bunker

15%c

1

10%

11%

Gold

Buffadison
Buffalo

Jun

18% Oct

Dec

12c

Dec

50c

37,656
368,705

Coulee Lead

Vic

25c

45c

Exploration

28c

11c

12

1

1,500

33c

2.89

Consolidated Ranwlck

17%

•

Ltd

July
Feb

1.35

Mar

Conwest

Broulan

Dec

40c

2.50

Sannorm

•

•

32c

25c

•

Rochette

•

A

B

Brtiish

A

Gold

Quebec

79%

91 %

class

2,200

2.58

*

50

Columbia

36c

43c

B

79 %

preferred

British

.fun

36c

1

Consolidated

100

British Columbia Forest Products

80c

Dec

1

pfd__100

preferred

Dec

10c

2.73

1

Jun

Class

46c

2,500

1

Lead

Matarrow

High

2,066

13c

1

Howe.v

21%

Sep
Sep

1

—;

Halliwell

Low

45c

34c

36c

1,200

Consolidated

British

1

14c

2.13

Petroleums

Arrow

1.20

23

Brilund Mines Ltd
brltalta

Golden

Range for Year 1953

High

13c

1

3.25

—

—

Feb

Consolidated

Mines

11c

7%

preferred

Consolidated

Lake

Shares

45c

_

3.05

,

Brewis

7'Ac

Jan

20c

Gillies

for Week

of Prices

Low

*

1.12

A

Brazilian

Traction ordinary.
Red Lake

38.276

Consolidated

Crest

3.10

1

—

Apr

East

1.15

•

Mine

Consolidated

Sales

Range

Par

Mar

1.08

2%c Jan

9'Ac

High
57c

Jan

19c

Week's

Last
Sale Price

Low

High

27C

14c

Bralorne

22

STOCKS

9 'Ac

——„1

JANUARY

Range for

28c

Gold

Bralsaman

Shares

Low

arl.

ENDED

for Week

of Prices

22c

— Wf

WEEK

Friday

Range

Sale Price

FOR

Sales

I

Feb
Apr

.43*

44

The Commercial

(432)

anfl Financial Chronicle

...

Monday, January 25, 1954

CANADIAN MARKETS
RANGE

(Cont.)

Toronto Stock Exchange

r^ay

STOCKS
Par

Mines

Graiidines

"

—

Paper

Lakes

Great

Class

class

Coal

West

A

B

——

Friday

47,050

45c
21c

117,050

21

11,188

15c
20

9.25

8.50

9.25

6,015

6
5%

6'/a

400

5%

3.25

3.25

13'Ac

__

—

,

61'Ac Jan

Dec

15

21

Jun

__

Dec

Marcus

Feb

5 'A

Dec

10'A Mar

Nov

—

90

Freehold

Gridoll

6.50

10

Guaranty Trust
Gunnar Gold

1

.

Gurney Products common
Gwilllm Lake Gold

4

3.85

8.45

Jun

13%

Aug

Sep

14

70

10c

24,398

8c

'10

11

31,320

2%

Jan

2.50

8c

•

3,800

6.70

14

2.50

1

Alabastlne

Gypsum Lime &

6.40
97/«c

2.50

100

2.25

Oct

4.75

8c

10c

7,700

3%c

Jan

20c

36

695

32

Apr

39

__

9%c
10'A

—1

Lead

-

34%

36

Mar

13

31'Ac Mar
13% Feb

Jan

Hahn

Brass

17%

17%

17%

50

•

22

21%

22

645

*

18%

18'A

18 %

50

14C

18c

55,450

8%

9

400

4

common

;

Cotton

Hamilton

common—
•

1

Harrison Hlbbert Mines
,

*
1

*

Gold

Rock

Hard

Harding

Carpets
■' '• "

i

Gold

Apr
Feb

4

f"/

'

_

Highland-Bell
Highwood Sarcee
Holden

19c
31c

5,800
94,400

19c

26c

134,950

10%c ll%c

22c

•

Matachewan
Maxwell

Cons

—1
*

—

14c

*

Ltd

——

Frontenac

McColl

Preferred

Dec

21% May

Smith

Howard

Paper

Hudson

Mining & Smelting
Porcupine

Erie common

Huron &

•

—

Acceptance

Machine

Ingersoll

Inspiration

class

International

Bronze

Powders

International

i

Metals

class

96

-

Juif

Dec

31c

May

25

■

*

Lake

—

1

—.

15c
55

5,000

15c
54

15c
56

10
30c

10

225

—

35c

4,600

10c

617

51%

69

Sep

8

Dec
Mar

40%

Jan.

13:

30c

July
Aug

c

6%c Jan

16c

May

5%c Sep

12c

Jan

200

1.10

1.10

300

90c

Oct

2.50

Jan

23c

25c

1.200

20c

64c

Mar

6.35

Sep
Sep
Dec

38c

»

3.15

6.00 July

Dec

29%c Sep

9'Ac

Nov

6'Ac

Mercury

19'Ac Jan

1'2 %c May

Merrill

Jan

44c

Sep
Feb

32c
13c

35c
14c

33

33

100

1,600

1

Tramways
Oil

Sep

Jan

Midland

Oct

31

Dec

Mill

May

34c

7

7

100

5'A

Nov

10

12%

2,652

11%

Oct

15%

Feb

38

38%

2,688

48c

51c

16,700

125

125

13

7.65

7.95

805

9c 10%c

18,900

Sep

13

Jan

Jan

30c

7.60

114,578

20c

18c

22c

7,500

6%.

5%

6%

4,275

6%

6%

6%

39

50c

54c

16,180

Oct

8'Ac

Feb

Apr

20% Aug

9c
•

17

1.50

3.40 Mar

Sep

100

'.—

t

Gas

&

37%
29'A
9%

Pacific

&

Brick

Milton

Jan

5.70

14%

14%

150

40c

33c

43c

42,900

—

1.75c

1.85c

__

4

Monarch

Mortgage

Moore Corp

Morrison

12%

Jan

Naco

Ltd

National

National Explorations Ltd

8.601

25%

Nov

36

Jan

National Grocers common

Jan

11% July

Feb
Dec

6% July
9c
Feb

35%

36%

2,920

35%

35%
39%

36
40

448

8
2.05

8
2.26

200

15,290

5%

20

129%

Sep

62c

Jaij

300

1.20

Nov

1.95

Sep

82,300
71,025

1.74

Dec

4.55

Jan

10%

10%. 11%

2,360

9.75

Dec

14%

Jan

7

7%

200

8

Oct

16'A

25

Jan

35

40c

Jan

56c

Feo

6c

19c

Dec

Apr

7

—

33

35

260

46c

44c

49c

8,525

16'A

16%

16%

515

25'A
6

3Gc

2,200

25%
5%.

.

25
5%

Chemical

33c

—

21%

Dec

27%

Aor

840

.5%

Oct

9

Jail

Sep

77c

Jan

200

34c

43.500

10%

10%

10%

750

20

27'A

27'A

27'A

250

7

7

110

Preferred

National

Hosiery

class

•

B

i

—

10

11%

Jun

10%

11

Jun

24c

Dec

13 %

Dec

Jan

84c

May

Oct

14

May

26%

Dec

27%

Feb

1.55

Dec

2.99

Jan

8% Mar

25c

1.61

1.54

1.61

7,500

6%

Dec

——4

25%

25%

25%

530

24%

Sep

10

28

28

28

160

25%

Oct

ll%c

13c

6,600

1.90

2.15

24,760

1.20

Sep

ll%cl2'Ac

15,100

8'Ac

Oct

29c

51c

G4c

451,840

3'Ac Jan

52c

Oct

1.42

1.30

1.45

77,562

1.10

Sep

1.60

Nov

2.05

1.95

2.09

18,216

1.20

Sep

2.92 May

102,650

Trust

Sep

39

July

Negus

Jun

9

Jan

Nesbitt

Feb

New

Alger

1

—

Oct

New

Bidlamaaue

1

63%c

Bristol

—1
*

6

7%

12

30c

Steel

5.10

430

26c

9%
11%

Petroleum

NOV

1,655

Car

:

1

Mines
Labine

Uranium

—

1

.

2.05

27%

Aug

29c

Dec

9c

Dec

28

Feb
Feb

4.65

Feb
i

30

36

276

34%

35%

13,054
63

129% 131%

*

21%

19%

22'A

3,811

—5

23

22 %

23 %

27,437

Island

50c

27

Jun

34%

Jan

New

33%

Dec

46%

Jan

New

Jun

Feb

127

18%

131

Dominion Oil—

Sep
Mar

New

Calumet

New

Concord

i

—1

67c

62c

91c

•

1.23

1.23

1.25

3,694

*

Mines—x

30
Mar
29% Mar

Sep

18

Oils

British

62c

60c

65c

30,300

Development

,

OIL-

Continental

New

Oct

1.05

1.33

Feb

Dec

2.25

Jan

Dec

50c

45c

1.51

Jan

1,000

25c

35c

Apr

New

14,800

4c

Jan

22c

Jun

New

Feb

9c

1,200

7'Ac

Dec

12c

Apr

New

Devon

8c

Sep

24c

Feb

15c

I,000

15c

Oct

34c

1 08

1.05

1.23

69,800

45c

Sep

1.71

1

Delhi

22c

21c

23c

48,000

18c

Oct

2.60

2.75

32o

36c

2,300

25c

Sep

55c

37c
18%c 19'Ac

31.499

12c

Jan

48c

Apr

4,570

17%c

Dec

55c

Feb

44c

7,050

26c

Dec

40c

Dec

29c

27,366

10c

Jan

82c

Jan

9c

5,600

7c

20c

Feb

50c

Petroleum

Davies

15c

1

30c

9%c

30c

.

Jan

12

National

5%

15%

30c

National

Feb

Sep

•
•

com

36% Mar

36

13

—5

&

Drug

36 % Mar

Sep
Jun

...

Jan

May

•.

Interprovincial Pipe Line

__

20

Sep

12c

4
5

a

Jan

5%

35

Dec

20c

1.95

4

Dec

9%

:

14%

10c

*—*

common

Brass

27c

3%c

.

Nov

Feb

100

5%

84c

1.60

9

38%

40c

Sep

Dec

10c

1

Apr

7%

7.00

Apr

42c

1.95

1

—

Porcupine
Montreal Locomotive
Moneta

Dec

225

Dee

4

common

8c

28

2.95

Nov

518

•

Knitting

Monarch

Mar

2,500

2.06
5"%

Deb

7.00

3.00 Mar

•

;

Corp

Mining

May

125

Nov

30%

15c

*

—

—

common

31%

2,709

—

•

—

Mlnda-Scotia

58

Dec

6%

6%

.

—4

Grain

1,010

38%
30
10

*

—

City Petroleum

05c

Oct

36
41c
110

4%c

40

2.00
'

Feb

6.30

4c

common

I

12c

4%c

__

—

7.50

1

Lieht & Power

Mexico

24%

12'A

975

7.95

.

__

•

Mines

Uranium

Midcon

2.600

—

--

—1

:

Merrill Petroleum

Jan

1.85

38%
48'Ac

—"

Mills

Island

Jun

20%

__

Mines

Nov

.

5,790

65c

1.75

International Nickel Co common——•

Mountain

Jan

81

92

-

26,745

48c

20'A

5/100

38 %

12c

Sep

__

A

Preferred

Oct

3.50

May

1.75

■

International Petroleum

23%

8%c

17c

2,500

com—*'

•

•

Nov

1,472

28

3.50

35%

Mining

12%

7%c

30c

1,500

Gc

-30
3
4
*.—1

A

Jun

8'Ac

6,900

5c

common

preferred
$2 preferred

Dec

11%

5
Apr
11'Ac Dec

—

'i.'

6c

1

$1.50

27c

200

92

National
Industrial

1,515
6,665

13
28%

10c

25c

21c

£1

:

Lake

July

5

17c

28%:

*
5

Preferred

Preferred

7

4.75

100

-—r

Feb

14%c
Z 13

—

■

Jan

27c-

Mar

8%c

22c
\

9%c

Indian

4.75

10c

*

Meta

19c

38%
29 %
10

—:

2,000

5

Mexican

21c

Imperial Bank
—10
Imperial Oil
•
Imperial Tobacco of Canada ordinary..5

Petroleums

18c

10%

1

9%c

7,590
10,300

1
1

Hy-Charger

17c

Jail

82c

Oct

Gold

25% May

8.75

•
1

Husky Oil & Refining Ltd

Dec

7%

Red

Dec

8.05

100

.

20c

7,683

Exploration

Mentor

Oct

8.75

•

Bay

Hugh-Pam

6,200

7%

McWatters

6%

__

12%

»

common...

Hoyle Mining

Apr

Dec

McMarmac

4'Ac

1

Gold

Hosco

Aug

1.05

35c

Dec

10%

21'Ac Nov

10,500

1

Yellowknife

Homer

Dec

18c

10,600

29c

~

common

Mclntyre Porcupine
Drilling
Red Lake

41,100

*

Oil

3.500

43c
32c

7%

—

1

Mclvor

Mindamar

Home

43c

Mar

23c

Oct

7%

A—

McKenzie

7c

—

—*
5

A

Hollinger Consoi

Nov

21%

Nov

Sep

39c

4
—*

—

Maybrun Mines
McCabe Grain class

5c

22c
1

——

class

Mfg

11c

*

...

Dauch

&

Hinde

17%c
26%c

5'Ac

—-

1

18%

Jun

17

7

10c 10%c

43c
32c

9'Ac July
7'Ac Nov

i'

19c
29c

1

Ltd
-v.

t

•

Jan

13%

5c

10c

Dec

Mar

17c

Mar

13

9'Ac Oct

18c

Jan

"•

—1

Mines

High Crest Oils
v-.-'Jr

35,400

15'Acl6%c

'

1

Gold

Heva

•

1

Iron

Red Lake

Headway

16c

'

1

Hasaga Gold
of Lakes

Head

Heath

__

8%

92,350

--

18c

High
9

July

4%c

'■i

Ltd

McDougall-Segur
Hamilton Bridge

8c
22c

7

1,041

3,500

Jan

5%

Massey-Harris-Ferguson

Gulf

Low

7%

7
7%c

*

Marigold Oils Ltd
Marwayne Oils Ltd

2.90

7

Range for Year 1953

High

•
*

r?o)d

8.65

10%

Shares

1
1

Malartic

Maroenor

Jun

6

500
100

Sep

for Week

Low

•
1

Maple Leaf Milling common
Maralgo Mines

Dec

4.25

'

preferred

Pelt

West

Great

Jun

1.45

Dec

24c

Sales

Range
of Prices

Par

High

Low

Week's

Last
Sale Price

Range for Year 1953

High

36c

25I

JANUARY

STOCKS

Shares

20%

•
1
*
—*

common

Great Plains Development—
Great

41c
18 'Ac

ENDED

for Week

of Prices

Low

1

Bousquet

Graham

Week's

saie Price

WEEK

FOR

Sales

—

r

Jacknlfe
Jack

•

Gold

Waite^Mines

-Jaculet

:

Mines

Jasper

1

__

(1939)

9c

9%cll%c

4,200

3.40

3.55

6,650

1.95

Jun

6%c

6%c

7c

3,000

4%c

Jan

—

1

Mines

8

3.50

1

Oil

Jellicoe

8c

1

3.75 Sep
16c

Apr

New

Petroleum

Jet

Ltd

•

20c

19c

22c

Gold

Oils

1

17c

16c

21c

Joliet-Quebec

1

,

—

Jonsmlth Mines

Ltd

—

Jupiter Oili Ltd

36c

•

__

•

1.95

Jan

55c

Harricana

Dec

6'Ac

Jan

Sep

48c

Nov

New

July

30c

Jan

New

35c

39c

36,900

19c

2,000

1.80

1.99

12,850

15c
1.19

Kayrand Mining

6c

24%

24'A

25%

1,495

3.15 Mar

9c

8%c

9Vuc

5'Ac Dec

6c

6%c

11,000

Oils

1

1.40

1.40

1.44

Kerr-Adidson

1

17%

17%

17%

I,070

Dec

1.40
16

July

New

23

18'Ac Feb
2.25

Sep

Lake

1

Keyboycon Mines

38c

•

13c

38c

11,500

13c

16c

38,000

—*

1

Larder

Mines

60c

1

Kirkland-Hudson

1

80c

66c

New

75c

85c

42c

I

46c

19c

Feb

New

39c

Jan

New

Mustier

Jun

Newnorth

Jan

New

Lac .Mines

Luna

;

4'Ac

9%c

5'Ac

7c

16e

17c

New

Richfield

New
Netii

Rouyn Merger
Ryan Lake Mines

1
1
1

16c

97,250

Osu

17%

17%

17%

I,705

8.25

8.15

8.45

70c

68c

72c

4,420
II,400

20c

16C

21c

42,850

1

20c

20c

20c

11,500

Mines

1

5.55

5.55

5.80

"1,345

Wasa Mining

1

22c

22c

Lake

Shore

Lake

10c

2.10

1.00 Sep
17

18 %

Jun

11

6.10

Sep
62<l Dec
15c
Sep
18c

51c

Sep

5.20

1.80
54c

Sep

2,500

20c

158,150

11c

Feb

New Pacalta Oils—

Oils

&

Mines

Lang & Sons—
Lapa Cadillac
Laurentide
Class

Acceptance

New

Superior

Feb

New

Thurbois

Apr

Nib

A

*

51c

Dec

Feb

Mar

Nipissing
Nisto

Pete

Oils

July

Leitch

1

I

9%

100

Jan

Nonnetal

7%c

30,750

9c

Nov

Norpax

1,025

13

Jun

14 %

Feb

North

11%

11

11%

2,095

9

Feb

Little

14%

14%

2,425

7%

Jan

11%

Dec

1.85

200

1.15

Oct

1.50

Nov

7 'A

10

May

5'Ac Jan

class

A

*

North

A
Petroleums

Long Island
Lorado Uranium

6c

6%C

10,000

5c

Oct

12'Ac

Jan

North

65c

66c

3,100

55c

Nov

1.09

Jan

Northland

11c

II,500

7c

Sep

17'Ac

Jan

Nubar

10c

10c

11c

10,800

6c

Jan

16 %c

Sep

Nudulama

73c

70c

85c

35,280

43c

Dec

Louvicourt

Lynx

Apr
Feb

46
July
46% July

39%

39 %

40

770

36

42

680

37%

ll%c

Jan

4%c

5 %C

4,199

3%c Jan

6

^

6

50

5'A July

5,800

.8c

Sep

30c

22c

Nov

95c

Dec

15c

15c

16c

1

Goldfields

1.13

92c

1.17

1

13c

14c

929,330
3,225

9'Ac

13 %c

•

Mines

Macdonald
Macfie

1

Mines

Mackeno

1.70

9'Ac

4,000

1

—

Mines

1

MacLeod-Cockshutt

Gold

Mines

1

MacMillan & Bloedel class A
Class B

1.80
63c

6,010
4,620

14c

16c

8,000

22c 24 %c

14 %c

1.65
60c

1

Explorations

7'A Mar

10'Ac Oct
8'Ac

,25c

Jan

15c

Mar

Dec

11,680

18%

51c

18c

1
1

—

1

1

Malartic 'Goldfields

1

Manitoba & Eastern

Maple

Leaf

see




:

page 45.

lie

Feb
Feb

3,300

8c

Sep

35c

Jan

3,500
14,000

1

4c

Jan

12c

Feb

10c

Sep

35c

Jan

11'Ac Dec

31c

Feb

3,583
6,000

1.90

Sep

8c

Jan

6c

2,000

3%c

Jan

1.50

1.65

2,300

1.32

Dec

9 'Ac

9%c
61%

500

7'Ac Dec

36c

1,752

58% Dec

78% .Feb

2.35

2.14

2.35

9'Ac

9%c

6c

—

61

61

9c 10 %c
9'Ac 11 %c
2.51
2.60
9%cl2%c

9c
—

45,500
2,100

4.10

Jan

16c

Sep

13'Ac Aug

1,690

2.35 Mar

Feb

Feb

4c

Jan

22c

lie

Oct

29c

Feb

4.25

Jail

2.40 Dec

12%c
2.60

2.28

2.60

21,210

11c
14c
7%

84,872

6'Ac Dec

22c

37,000

6'Ac Jan

30c

Sep

4.030

6

Dec

9

Aug

16c
7%c

2,500

18c

Dec

63c

Mar

2.55

10c

8'Ac

1

12c

4

7

12c
6%

16c
4%c

3,500

Mai

8c

Oct

37c

1.56

Dec

3.05 May

Oakville
Obaska

1
1
1

(1940)—

Ltd

Ltd

Mines

*

Jun

10c

19c

II,100

10c

Dec

80c

43c

43c

46c

13,300

36c

Dec

Mines

7

7
9'.^c

39.500

75c

4,335

—1

Ltd

-1

Gold

--

7c

—

7%c
66c.

-

7%c
66c

12c,

20,900

3,125

2,000

1.05

Feb

Apr

May

6%

Sep

9

Oct

5c

Sep

13'Ac

Feb

Sep
4%c Jan

1.15

Feb

17c

Feb

56c

Ogama-Rockland
Oil

*
•

Selections

—

12c
7 %c

8'Ac

3,500

5c

Sep

lie

Jan

—

Okalta

9()C

Oils

1.83

1.90

5,100

1.50

Sep

3.45

Jan

Feb

29c

Mar

Malartic

O'Leary

Omnitrans

4,925

1.16

18

100

16'/s

1,366

Dec

n

15%

Ontario

Pyrites

•

:

50

9c

Feb

1.61

1.65

1,400

Sep

Jan

4,500

19%c

Apr

7,900

1.31

Dec

1.95

Feb

3%C

6,500

2c

Jan

7%c Feb

15%

15%

4a

12% Aug

22%

23

1,000

18c
4c

3 000

2.05

1,740

23

425

87c
23'A
1.14

11,095

I

15c

3'Ac

Sep
Nov

71c

Dec

16

.

2.95 Mar

1.95 Sep
22

80c

common

1—*

Opemiska Copper Mines

-1

23'A
1.13

23%
1.00
3.60

Steel

Co

Crush

Orange
Orenada

*

3.65

3.65

80

27,425

.

23

Aug

2.20

Jan

2.65
6c

1

7%

7%

7%

500

1

Gold

48c

45c

58c

61,500

21%

Dec

Sep

1.99

Feb

Oct

4.75

17% May
94c

650

35c

Dec

500

(Eastern)

1

37c

95c
31c

95c
42c

506,544

Pacific Petroleum

1

8.75

8.75

9.10

4,695

•

70

69 %

70'A

415

Pacific Coyle Navigation
Pacific

Page

Hershey

Tubes

;

1

.

_

50c

Jun

Mar

15c

Jan

Sep

77c

Jan

2.25*July

10c
1.40

Jan

18c
3%c
1.95

80c

Ontario

Jan

1.35

7c

—

•

Jan

2.95 Feb

20%

1.30 Dec

18c
2.00

Ltd

90c

20%

*

Loan

Ontario

Dec

Jun

•

:

Exploration

Jockey Club

1.90

Jan

3%C
15%

Dec

17c

4

Wood
Lake

4%c

17c

•

Mining

Mines

Mines

Mar

9'Ac
j 40

•

Gardens

For footnotes

1.65

1

1

Dec

•
1

Ltd

Oils

Osisko Lake Mines

Magnet Consol

5c

103,515

1

Trinity

40c
J

1.50

18%

1.14

Dec

12 %c Sep

1.40

18%

2.05 May

1.45 Dec

18

1.41

•

Madsen Red Lake Gold Mines

7,125

•

Mines

Ontario
Macassa

14'c

Mar

•

Yellowknife

Oct

1.00 Feb

•

Mines

May
Feb

4c

18c

13'Ac

Oil-

Star

9%c

1

class

9%c

151,700

6'Ac
7c
I0cl0%c

6c

Gold

Inca

O'Brien

Gold
Hosiery

London

-

North Denison

6c

4 l'A

Lomega

1

Mining

OI1.&

*

Groceterias

Loblaw

*

—

1

1

:

Canadian

1

Long Lac

May

79c

10% July

1

Gold

Lexindin

1

1

—;

10Vac

1

Gold

-

-

—1

Ltd

Mines

1

Gold

—

9'c

1

of Canada

—

Mines

Norlartic

North

Lencourt

——1

-——

Mines

Mines

Noranda

14%

t

.Lavalie Mines

8c

-4

a.

Yellowknife

7c

1

87c

Apr

Feb

14

9%

__*■
...

13c

Dec

Dec

*

1.80

class

r

Warrants

ll%c

39c
24c
4'Ac

V

14

3

:

B

12c

*
—1

—

Secord

Laura

1

—

1

——

July

8.65 Jan
39c

Dec

Norzone

Norgold
Landover

12 %c

10'Ac

Senator

22,500

May

'

Apr
Nov

2,000

Feb

1.80

Lake

24c
27c

46,700

Nov

1.35

1

4
i

3%c Jan

424,201

35c

1.65

Lingman

Jan

7'Ac Feb

7c

50c

31'Ac

Lake

Feb

2.95
40c

25,600

75c

Dec

1
20o

I
1

8 %c

6'Ac

1

i

Gold

Sep
Oct

165,700

•

Dec

14c

8%c

14c

34c

Exploration...

Jan

16c

28c

39c

23c

Mines

12%c

5,030

60c

Jan

13c

(John) Ltd

88,607

20c

Nov

29c

Dufault

8c

1.90

20'Ac

1.53

14c

Lake

Apr

73c

14c

20c

19c

Labrador Mining &

Apr

23c

25c

78'Ac

-1

Labatt

80c

Dec

1

Mylamaque Explor

Dec

6,160
33,500

i

Dec

—1

——1

Mines Ltd

Morrison

35c

Dec

1

Mines

12c

5%c

"3,900

35c

1

Townsite

Copper
Kroy Oils Ltd

Feb

7,200

3,500

13.500

*

55c

Lake

18 %C

16 %c

15c

8c

8c

35c

Kirkland

Klondike-Keno

5c

14c

18c

.

4,500
7,300

Klrkland

Kristina

7c

July
S6p

7c
1:63

1.66

1

Marlon Gold

Jun

85c

>

—

•

,

New

Keymet

Oct

7c

7c

1

U—

6%c Jan

20'Ac

14%c

-1

Mines

Laguerre

Newlund Mines

22%o
9c

24%c
:
9c;

1
•

r-

-

New

Kerr

Jan

Feb

21% Aug

Dec

*

Jason
Kelore

New

I

Gold

New

13'Ac Feb

17'A July

1

:

59,000
2,100

Kenwell

5%c

1
—•

Kelvinator
Gold

35c

3.30

Sep

Jan

t

Highridge
Malartic—

Hugh

New

Kenville

36c

2.45

70c

Feb

40c

Sep

1

Ltd_^

3,570

34c

35c
18'Ac

1

Mines

•

—

-1

New

15c

20 %c

'

—-—<

—,

Goldvue

15,900
63,400

I8%c

j

——

New

Joburke

2.70

_1

Dickenson Mines

Warrants
New Fortune

Nov

Jan

6%c July

1.20
29c

Dec
Dec

6,75 Sep

13% Mar

Jun

73% Aug

64

Volume 179

"Number 5293...

Commercial and Financial The
Chronicle

(433X

CANADIAN MARKETS
RANGE

Friday
STOCKS

Week's

Last

Range

Sale Price
Par

Pamour Porcupine
Pan
,

Western

OH

Pathfinder

Peace

60c

Dec

30c

Jun

8%c

2,500

1

18c

16c

23c

718,200

4.25

Pete

4.15

1

4c

4.25.

500

3.15

500

4%c

Jan

70c

2,300

50c

Sep

37c
6.25

6.05

1,250
1,981

27c

Penman's
■

Perron

Ltd

common.

0

j Peruvian Ous

}
7

Oil

Petrol

Pickle

Crow

Pioneer

Mines

;■ Placer

;

}

\

i

East

'

Dome

Radlore

5

Mines

t

Rio

?

35V4

>

5c

>

67%c

6.10

6.50

2,275

71c

71c

82c

18,500

60c

1.1)2

83c

l.u4

8U,OOJ

BlC

Sep
8ep

12%

12%

12%

925

11

Feb

1.16

1,16

1.32

5,780

65C

Sep

74%

110

70

10

342

8'Ac

3.00

21,850

10,500

1.65

10c

3,000

13c

k

70c

4,800

15c

65c

3.50

12,000

Vicour

3.40

Jan

7c 7 Jan

5.70
••

27c

Vulcan

Aug

Oils

Waite

Trust

Walker

65c

July

9c

Dec

68c

Dec

L70 Jan

West

Dec

9.00

21c

&

Jan

Wekuske

pfd

Jan

Jan

Western

Canada

Brew

9

Feb

Western

Grocers

15c 18%c

42,106

8c

Jan

l.lt)

1.03

1.12

24.400

83c

11c

Sep

11c

12c

12,000

8c

1.40

1.40

500

I,500

4c

4%c

,

3A0

3.20

100

1.00

L00

1.05

700

__

53c

1.48

45c

'

26,347

1.60

28,175

41

50

18

10%

150

13c 15'Ac

'A--'

18

10%

__

14c

-

45,900

50

16c

16c

1,500

2%c

—

Oils

53c

1.45
41

1

2%c

5,200

*

12%c

1

12c
40

12%c 14%c

10,000

10c 12 %c

14,000

'

Royalite Oil

•

38%

2,340

12'A* 12%

12%

40

575

•

Industries

common

16c

24,200

3c

3'Ac

29,500

17%

17

17%

2,525

99

99

45

I

.

Power

13c

3%c

•

Rupununi Gold

15c

1

;

.

preferred

Corp

1

—

1

Ltd

3%c
2.50
80c

Dec
Dec

Dec

1.14
33c

Feb

Mar

32c
3.25

Western

11c

1.44

1.17

1.10

Dec

Dec

1.15

(Geo)

White

3.40

Apr

16%

Nov

12 %c
2c

Sep

18%

Nov

12%
22c

Feb

Oct

11c
5c

Dec

35c
8c '

1,000
470

13C

Sep

42 %C

Jan

15C

15c

16c

5,725

6C

Jan

17C

Apr

5

18

17%

18

50

14% May

17%

Dec

66

66

66

50

46%

Feb

63

Dec

20

28

28%

100

28

Feb

34% Aug

35

35

25

33

Oct

35%

35c

Central Gas

Gold

H)

(G

*

12

Sep

17% Mar

Yellorex

32c

Yellowknii'e

Jan

100

30 %

Apr

2,671

1.40

Dec

11c

41,360

1.82
1.45

3c

9,000

1.50

Dec

28,850

*■

1.00

Sep

2.82

Zinc

Oct

2.80

Oil

Sfhawinigan Water & Power corn-—•
Ij A preferred
:
———-50

39'A

39'A

39%

483

36'A Jun

43

Knitting

45

45%

175

43

46

50

10

9%c

11c

1,700

f

Sherritt Gordon

—

1

Sicks', Breweries

Voting

1

—

Trust

4.15

4.10

24'A

24

23%

23%

24%
23'%

16,062

4.25

f

common-——

340

Mines

Silanco

.(Quebec)

Mining

Silver-Miller

Silverwcod

Somerville

400

17c

8,133

11c

Oct

95c

142,586

50c

July

A

*

preferred

50

Radio
Oil

&

Olsen

Stedman

15%

25

(1944)

.

class

Mines

'

t

1.15

11

class

1

47%

120

47'A

Dec

48'A

3,200

July

1.15
29 %

Sep

6,800

25c

1,855

17% May

7

7

50

90c

3,532

15'Ac

16c

I,660

19

18%

19

260

•

30'A

29%

30'A

2,972

•

11c

10'Ac

12c

22,500

1

6.80

6.80

7.05

16,740

—"

common

River 'Gold———.—

6

78c
10c

Dec

Jun
Dec
Dec

45c

47c

Sullivan

Cons

Mines

Supertest (ordinary.)
Inlet

Surf

——:

Sweet Grass Oils
8wltson

—100
———50C

—

Ltd

34c

Jan

Industries

Industries

•

Gold

Sylvanite

1

t

33

Taku

River

Tamblyn

Taylor,

Pearson

Preferred

common

Dalhousie

Hayes

Jan

July

1.85

1.95

606

153A

16

735
25

18%cl9%c

1.75

Dec

2.50

25

Dec

4.50

Apr

13c

7,022

lie

Oct

59c

Jan

20c 24 %C

19,100

140

July

49c

Jan

13

Jan

97%

Jan

Glass

438,800
500

1.55

Sep

2.05

Jun

Pato

1,888

1.08

Dec

1.46

Jan

Pend

2,000
40

*

9

-9

150

•

16c

15c

17c

10,200

20O

4c

Dec

10c

30%

Jun

38% Mar

8

Jan

10

Jan

10%

Oct

11

Toronto

Toronto

Class

Oct

2.25 May

Iron

Works

18

165

lie

common

A

16

18
51c

45c

84,300

16c

Oct

1.39

1.50

1,200

81c

Jun

13%

500

12

Jun

31%

31 %




18

92

Oct

1,850

7

Apr

9% Jan

25%

25

26%

1,190

24

Dec

27% Sep

10

10%

47%

47%

6.65

6.85

10%
6.80

Jan
Mar

1.70

7

40
*

1,840

Oct

12% Mar

Jun

49%

4.80

Dec

16

Feb

1,830
240

355

162

162

10

75

75

10

4.75

4.90

635

11%

11%

11%

100

8'A

Jun

67

66%

68

135

55%

Jun

3.6b

300

42%

41'%

42%

2,680
1,600

21%
31%
148

82%

Oct
Oct

Feb

160

Feb

Dec

95

Apr

Sep

34Ya Apr
15c

18% Mar

25% Mar
42

Jan

3.00 Jun

2.70

Nov

7.35 Dec

Sep

5.25

•11%
72
3.60

Jan

Nov
Feb

Dec

42% Dec
28c

Feb

16c

15

75

Oct

79

935

09

Oct

83% Jan

39

— —

u

120

72

0

17c

120

17c

78%

40

200

Dec

36%

28

28

28

36

36%

27% Dec

25

35

360

33

Jan

120

Dec

Dec

27% Dec

35% Mar

*

6

56%

2,604

47% Jun

58

29

29%

2,064

24% Aug

6%

6%

7'A

2,425

30'A Dec
5% Dec

34%

35%

340

27

Oct

54 %

54 %

50

48

Feb

55

Oct

Feb

31

Nov

56

35%

*
—

Ontario

&

Gold

_

5

Paper—

3.80 Jan

28

28%
4.00

1,100

3.85

4.00

24

1,550

3.65

28%

1

__

1

Dredging

Oreille

——

•

Bros

33%

2

26

Yukon

Consolidated

1

55c

FOOTNOTES

Dec

28%

Feb

32

Dec

17

125

15

Apr

19

18

200

15%

Apr

19

May
Aug

FOR

260

Sep
Apr

13%

1,715

33 %

32%

3.15 Nov
3.70

28

Jan

38

4.00
6.50

34

53 %c

26

335

55c

24%'

12,420

46'Ac Dec

■

t Ex-liquldating
* w-.v

dividend.

1

lot

sale

(not Included

In

(Un) Admitted to

d Deferred
in
e

delivery sale

(not Included

year's range).

Selling ex-inter^st.

fFlat
rCash

price.
sale

unlisted trading

privileges,

year's range).

-r

23%
69c

OUT-QF-TOWN AND CANADIAN MARKETS

No par value. 1

Odd

Nov

54%

29%

7%

Stores

Jan

14%

17%

90

.,

46%

2,475
I

17%

17%

Thrift

Apr

17

31%

*
*

24c

Jan

13%

20

290

8%

_

Utilities

•

Jan

1

General Trusts

25%

8

Dec

1.80

Feb

•—

.*

35c

25

•

common

Dec

25

8%

37%

•

Power

Consol

Price

'

39%

43c

28

Mar

10

24%

—

High

Nov

3.65

Inc

Minnesota

32c

4%c

.*

7

17%

Utilities

1.16

7,0.48

.

Low

125

7%

.

Paper common

1.80

11,240

Mines

Range for Year 1953

High

7

~

MacLaren

Oct

1.60

Elevators

Low

36%

•

new

Shares

Jan

2.24

Gold

1.75 Jan

for Week

7%

•

International

1.14

18

Range

*

Lobiaw

20c

10%

Silver

Jan
Mar

Sales

Week's
of Prices

23%

-

Oilcloth

Jun

90c

1.40

Tombill

2.90

-100

Steel

Dec

Jan

2.05

Toronto

1.09 8ep

47c

Exchange - Curb Section

——

*

common-

—

-

16%
102

Dec

10%

Torbrit
■

--

Sep

«

International

1.80
'

18

Jan

12c

—

____

Aircraft

Interprovincial

6c

4%c

Tailors

Feb

2.50

•

Oil

Jan

2fc

1.55

Top

21c

—

Jan

•

2.50

*

Lumber

Bridge

2.92

II,850

2.05

Tip

1,500

6%

1.58

Dec

26c

10%

Thomson-Lundmark

7,235

26c

.

—

Dec

1.55 Dec

Dec

5,070

•

Paper

a

—■

6

1.80

26c

4.90

Alcohols

deHavilland

Dominion
Dominion

87c

39%

—10

Aug

1.28

Marconi

Western

Feb

12%

1

—

—

4

6

—

Westinghouse

Feb

22 %c

1

—»

9.75

Dec

Texas

Calgary

15c

Oct

Teck-Hughes Gold Mines

,

Sep

Dec

1*

common

5.80

11c

12%

—•

Ltd

3%c Jan

14c

1.15

Jun

22c

1.23

•

common

.

Commercial

Aug

12%

1.80
*'

»

115

100 %

Jun
—

—

1.76

1.78

,

1.26

1

Ingersoll-Rand

Consolidated

20% Mar

Sep

500

27c

108

5c

13c

•

.

Canadian

Jan

16%
28

100

19c

_25c

—-

99

-

8%

Oct

,

.

May

Apr

5%
96

90

7,900

Jan

17c

22 %c

_5

& Dominion Sugar

Canadian

Feb

222,450

15%

Preferred*—

98

13c 14%c
99

•

Dredging

Preferred

7'A July
1.85

18c

__

2,019

*

Canadian

Dec

101% 101%

1

8%

97'A

8%C Jan

Dec

*

Canadian General Invest

Mar

28c

27c

8%
97%
13 %c

Last

Canadian

22

18c

1

j,

14,500

Sep

5

Canadian

Jan

24c

12%

1

Contact

8%C

Jun

1.14

12 %C Feb

5c

Gold

Dominion

Steeloy Mining
Oil

8c

-

7c

preferred

Canada

Dec

12c

3ic

*

Sudbury

8c

Sale Pricei

-

2nd

Jan

20% Jan

23%

Bros

Sturgeon

Dec

6,000

,

Brown Co common

Dec

45c

•

National

Bulolo

Dec

Steej) Rock Iron Mines
Stuart

Sep

6C

7

Canadian Pulp & Paper.
Newfoundland Develop—
Asbestos Corp

Jan

87c

—

35c

4,500

14,500

A

Anglo

Mar

27c

—

54,150

18

6%c

*

Anglo

Aug

17

22%

87c

75c

8%c

Par

Jan

Jan

12% Feb

68c

120

■

■

Andian

Jan

40

3,300

1

69c

Friday
;

Jan

Feb

20c

*

Gold

7.75

32c

Oct

75c

30c

98% Aug

May

Canadian Funds

July

34'A

Canada

Steel of

25

31c

29%

22%

35%

Feb

14

9%c

—1

Jan

25

18c

A

5.75

3,540

65c

*

Jan

91%

500

9c

STOCKS

25% July

37

29%

—

26%

269

5%c

Toronto Stock

Feb

43c

65c

Ltd

9%

Dec

35c

47%

47%

Dec

Jan

586

»

7%c

1

Sep

37

29%

*

common

5.50

50 "A

41c
—

—•

Gas

.

II,050

*

.

Mines

Starratt

10%

15

1

-

Paving

Standard

10%

15%

20

Spooner Oils Ltd

Stanwell

81c

93c

10%

1

Standard

Jail

6.00

common

Stadacona

20

6.00

•

Southam Co

1

' 565

15'Ac

1

class

Souris Valley

,

.

3.80 Aug
Feb

20

16c

Mines

Co

Jan

6.00

Ltd

(N)

8c

1

Stscoe' Gold
Slater

47% Mar

——__—1

—-

Dairies

Simpsons

Mar

'

f

Sigma

Jan

6c

July

50

Miness

4.35

9C

Metal

*

Dec

-1

-

Zenmac
*

6.85 Jan

26c

Mar

(1945)

75c

-

Bear

Jan

,

Shawkey

16%

1.66

Dec

45c

9,550

1

Dec

Sep

4.15

2.81 Mar

3,950

j>

96%

66c

—1

Mines

Jan

1.35

1.80

—

35'/8

96

96

1

Dec

1.70

preferred——50

Feb

15%c Aug

9c

39

1.80

B

Feb

2.25 Mar

Jan

&

Yulceus Mines I

July

2,490

Lead

York

Jan

58c

-100

(Alexander)

Yankee' Canuck

5%c Feb

50C

a

Yale

24

1

preferred

Apr

•

Class

10c
24

Dec

19%

3,575

16%

-100

_

Dec

43

1.35

__

4%C Oct

15,487

34%

Wright-Hargr caves

Jan

74c
5.20

•

&

Wood

70c
5.00

1

Electric preferred

Winora
Wood

72c

53C

—1

Winnipeg

Feb

Security. Freehold Petroleums

„

|

5.10

«

Winnipeg

Aug

?

,

Mar

2.000

1

20c

Jun

Dec

4.60 Dec

67c

Sep

17c

Larder

38%

97'A

51
•'

7%c

1

Jan

Sep

12% Jan

Jan

4.40 Nov
27c

Apr
Feb

21'A

•

Petroleums

Sep

8c

-

Oct

3.25
95c

17c

1

common

32

2%c Sep
17
Oct

40,000

7%c

Jan

Sep

20%

»

Yukon

*

,

Apr

Dec
Dec

39c

-100

Pass

Winchester

Dec

7c

33c

19%

8% Dec
42

Jan
Feb

21%

_10o

—

Ltd

Wiltsey-Coghlan

Feb

42

10

180

_

....

Preferred

Aug

40 % Mar

.

Tungsten

Weston

3.30 May

1.60

1.70,
'

Homestead

Western

Apr

Jan

.

.

Leaseholds

Jan

Oct

—;

L

A

Wilrich
40c

9,425

4.60

lc

—1

——...

Western

Jan

1.45

1.80

Ashley

Class

1.70 Mar

41%

9'/2o

•

•

Sapphire Petroleums
Scurry Oils Ltd

»

42

1

Gold-

1.35

Jun

'

—100

Sand River Gold

32c

9.50

Jan

15c

.

:

10

Silver

60,600

Western

Preferred

16c

*

Royal Bank

. _

common

40

warrants-;

__

*

22

78c

7,160

57

4.50

38c

_i

9.95

51

4.60

15c

24%

•

_

48c

80c

9.60

54%

—1

Ltd

Sep
Dec

.

Sep

1.70 Jan

Jan

1.37

30c

Dec

1.60 Jan

a

Oil

Dec

85c

6,300

•

Products

14%
8

13,100

45c

*

Consolidated

Territories

2,770
100

2.15

35c

:

14%
8

1.80

42c

—j

14%

""

1.95

18%

1.11
15

Sep
Sep

5

common-

14%

8

7c

10% Jan
-

Aug

13%

2,000

19

•

W

20c

__

4c

4,013

8c

1

32,100

Dec

5c

Jan

May
1.54 May

5% Sep

15%

—1

Equipment
Pyrites'—

Westeel

1.55

July

4%c

19

>

__:

Waterous

G

Apr

25

14%

19

Dec

59

Jan

15

10

-

Amulet

Nov
Feb

Weedon

3.50

Grey

May

4.85 Mar

July

21%

4 %c

•
_

12%c Mar

3,400
700

3.70

&

61

Mar

12%

Oct

8c

.-i.—-' ■

Violamac Mines

,75 „.„Jun

Dec

•

Mines

Ltd

Mines

Victoria

Jan^

May

.

Cons

Ventures

r

37c

1

common-.

Antonio

21c

—1

32c

1

Consol

Lawrence

Sep

Van Roi

Jun

12,700

72c

3.50

4c

Jan

Mar,

2.85

1.40 Mar

4.40

9%c

3,500

1.52
40

'

Dec

1

Upper Canada Mines

32c

Rowan

I

220

Dec

45c

1

San

1.60

5%c

67%c

14c

*

*

St

1,550

1.30 Mar

26'A
1

15,300

Roche Long Lac

►

24%

__

67c

$1.00 preferred
Robinson, Little common

Saguenay

24%
6.10

Mines

55c

3

Russell

50

Hill

63c

;

•|

Sep

v'

4.00

10c

1

5c/c

Rundle Oils

31%

275

2.20

2.85

4.05

1

Mfg

1

Dec

9

2.86

1

„

Prado Oils

!

Apr.

61c

74 V2

__

72c

20

1,000

5c

__

,

Dec

4,630

.

35'A- 35V2
2.15

__

1

Rlx-Athahasca

Roy

58

Steel

50o

—

.

58

United

1

Uranium

i

10%

•

1

Mines

Roxana

85

*

79c

41c

13%

Oils

273/8

34'A Dec

13%

Montauban

72c

25% Feb

13%

Keno

26%

11% Nov

Oct

United

__

93c

Jan

Sep

United

25c

34%

Jan

7

2.60

United

6,400

33%

Feb

Oct

17c

15C

Sep

-31c

50

5,925

Jan

30c

10

2,520
5,510

2.25

L

33,400

20c

Dec

30c

33c

25

preferred

2.85

5

25c

3.70

1.05

1

Regcourt

}

B

131% 131%

20c

34,600

45

Feb

4.00 Mar

Jun

3.55

■

_■*

United Fuei A preferred
Class

37c

2.00

20c

Jan

*

Utilities

B

Dec

Feb

1.25

Feb

8'Ac Dec

50

B

1

MacDonald

Class

Sep

25.

2.15

1.35 Dec

99c

8ep

3.70

1.76

'

v

16c

Jan

class

1

I Reef Petroleum

Robertson

700

34,6.00

1.59

Corp

•

Uranium

Renabie

1.50

22c 25%c

*

Red Poplar Gold

t

Dec

Sep

34%

1

Jun

___•

Mining

I Rexspar

1.00

30c

1.51

10

1

-

1.14

1
'

Milk class A

/

>

1.43

United

3,895

Feb

35c 39 %c

26c

•

1,730

1

1

J.

Quebec Nickel Corp
Queenston Gold

Reeves

Mining

United Asbestos

1.16

Jan

46%

•

common

88,350

1

Metalurgical

7

Union

Jan

1.10

1.55

Dec

——

1

1.30

1

Manitou

Redwater

Sep

Corp

1.55

1

Labrador

Quemont

1.65
83c

Sep

15%

—100

Gas

Dec

42c

10,170

13,250

26%

•

.31

Mines

Quebec

Quinte

Union

Sep

70,000

13c

25

1

Copper Corp

•)

Feb

90c

3,977

59c

2.70

1.40

100

I

.:

Airways

Mica

*

30c

Dec

2.15

12c

1.15

•

Quebec
*■

Feb

34'Ac

24'A

2.64

25

♦

; Quebec
*

Accentance

9c

Tungsten

Feb

33% Dec

Jan

53c

13c

1.29

1

Metals

i. Quebec

Union

1,000

27 %c

2.03

14c

22%

2.65

1.49

1

Border

S Preston

11c

*

23,400

27

Gold

Premier Trust

i Purdy

Feb

Jan

20c

35 %c

Nov

65c

48

3,436

5,100
3,500

1

Power Corp.
Prairie Oil & Gas

t Prospectors
■

preferred-

51

36%

256,300

River

f Pressed

Tobacco

Dec

'

34'Ac

•

Oil

Tuckett

Sep

33 %c

•

Petroleum

Triad

Jan

52c

23c

•

»■

Dec

1.00

•

Rouyn

I Premier

1'

Sep

26

23%

Line.

•

Oils

Powell

■

20

39c

1

Ponder Oils

i Powell

Apr
1

6%c

5,061

54c

Pipe

Trend

26c

20

80c

__

—

Jan

220

11c

1.12

-

Transcontinental Resources

1,500

51c

.1

Development

1

.

High

1,000

34'A

2.10

Oil

45

95c

1

} Pontiac Petroleum
Poplar

lie

•

Uranium

.

I

Low

.

9c

33%

34

Aug

8.75

1

Mountain

35c

•

Goid

Jan

58c

5.00 Sep

Rights

Range for Year 1953

High

9c

A

Dec

1.65

•

A

for Week

Low

Trans Empire Oils
Trans
Era
Oils.

37%

1

Gold

t Pilch-Ore

il

& Mineral

Class

Shares

Range

—1

class

45

33c

__

1

& Gas

6%

Finance

36%
1

Pershcourt Goldfields
;

45

—

Gold

Apr
Jun

13c

Dec
t

«People's Credit Sec

Towagmac Exploration
Traders

Trans

35c:

6.05

Jan

Mar

Sales

of Prices

Last
Par

22c

Dec

11c

Week's

Sale Price

STOCKS

29c

Jan

70c

37c

1.11
54c

3%c Jan

lie

70c

_1

ftiver Nat Gas

33c 34'Ac
'

50c

Paymaster Consol

•;

2.000

7%c

__

22

High

10,500

34c

1

JANUARY

Friday

Low

70c

7%c

Drilling

ENDED

Range for Year 1953

High

1

-

\Parianen Malartic
'

Shares

10c

Paramaque Mines
Paibec Mines

;■
'Parker

of Prices

70c

__

WEEK

for Week

Low

*

*

FOR

Sales

wi When
x
u

(not Included in year's range).

delivered,

wd When

a

Issued.

Ex-dividend,

Ex-rights,
Ex-stock

dividend.

Jan

Oct
Jan

Mar

Oct

July

45

46

The Commercial and Financial Chronicle

(434)

Monday, January 25, 1954

...

OVER-THE-COUNTER SECURITIES
Quotation

for

Friday,

January

Z'Z

Obligations of Government Agencies

Investing Companies
Mutual Funds—

Par

Bid

Mutual Funds—

Ask

Johnston

94c

1.03
5.39

1

4.93
x4.04

Inc—1

11.90

12.93

B-l

(Investment

Axe-Houghton- Fund "A" lnc__l
Axe-Houghton Fund "B" Inc—5

9.54
18.41
3.05

10.31
20.01
3.33

B-2

(Medium

B-3

(Low

B-4

(Discount

—25c

Aberdeen Fund

1.25

Affiliated Fund Inc.
American

Business Shares

American

Mutual

Fund

Axe-Houghton Stock Fund lnc-1

4.32

Fund

K-l

2%
10.60

S-2

21.27

22.87

S-3

1

24.06

26.01

S-4

(Low

America

Boston Fund Inc

Net

Street

Chemical

-

9.74

8.19

8.94

Stks)_l

6.31

1

5.78

9.64
12.42

20.07

21.70

9.81

37.21

General

3.84

lc

4.87

5.36

lc

/V 4.25

4.68

Inc..10c

7.78

8.53

shares

shares

13.29
31V*

Massachusetts
of

Bond

10.43

10.33

39.81
16.27

Fund

40.21

stock—I

5.42

5.94

beneficial

25c

?.o3
6.80
1.88

8.25
7.45
2.06

1

10.45

11.36

1

Stock Fund

Dreyfus Fund Inc
Howard—

17.76

lo
2
1

2.38

2.59

1
1
1

20.07
62.63

21.70
67.34

5.55

6.03

lc

7.21
10.51

7.91
11.51

lc

lc
lc

Building shares
Chemical shares

Common (The) Stock Fund_lc

Electrical Equip shares
Food shares

administered

Fully

shares—lc

shares

bond

General

lc
—lc

lc

Industrial Machinery shares_lc

shares—lc

Bond

Institutional

10.45
9.94
9.57
5.33

9.54
9.07
8.73
4.85
5.30
7.80
8.58

Bond

7.23

6.59

wi

1955

Matarlty—
Certificates

'

15,

2%s March

2%s

June

Bid

22,
1,

1954

100.8

100.31

100.22

100.3

15,

1955

Dated

Dm

2.75%

9-

11.30

3.00%

7-

8-

1

1

6.73

4.76
3.43

3.75

1.25%

2.35%

11-

1.35%

2.25%

12-

1-53

bl.70

1.40%

2.15%

1- 4-54

of

&

Canada

2.71

19.07

5.35

Inc

11, 1954
18, 1954

b0.90

0.60%

Apr.

1,

1954

b0.90

0.60%

Apr.

25,

1954

b0.95

0.65%

Apr.

4.

1954

bl.00

0.80%

bl.00

14.97

20.12

18.58

20.09

Bank & Trust

15.27

18.51

1

Par

New
Bank

of

1

Bank of New York

-100
—10

14.87

Chase National Bank

14.33

Chemical Bank

Shareholders Trust of Boston._l

26.46

28.61

Commercial

Investors

1

8.14

8.92

Corp..•

64.00

67.50

l

22.96

23.19

Fund-__1

7.10

7.74

Stein Roe & Farnham Fund

Television-Electronics

11.88

12.25

11.90

12.86

Fund

Inc

5.32

1

Fund Shares

Science

Fund

&

Trust

Bk

State

Inc

f

6.60

1

6.07

6.63

4.71

5.15

8.25

8.99

Foundation Fund Inc_10o

1.93

2.11

1

10.56

11.42

Incorporated

Investors

Institutional

Shares

Institutional

Growth

Institutional

Bank

Institutional

Ins

Fund_lc

Fund—lc

Fund

Wellington Fund

13.86
89c

14.52

14.81

1

10.16

10.90

1

Whitehall

Fund

Wisconsin

Ltd—

1

Fund

Investment

22.38

19.42

20.99

1

Co

20.52

1

Inc

4.17

4.51

15.16
Unit

98c

Type

Trusts-

17.17

1

12.01

13.06

1

11.88

12.98

Series

1955

1

5.78

Investors Management Fund—1

17.39

17.79

Series

1956

-1

2.73

of

Trust

Boston

46 Va

Tr „25

&

48

44 Va

47

Stamped (ex-distribution)
Corn Exchange Bank & Trust_20
County Trust Co
-16
(White Plains N Y)
—

—

—

3%

4%

62%

64'/a

68

71

North

E

Trust

-10

Bank

First National
the

Of

&

Trust--10
4..—10

Bank

- -

.

National

Bid

10.07

11.50

Trust Shares—

1

—

,

141

Aetna Casualty & Surety..

lo

Aetna Insurance Co

10

57%

Aetna Life

lo

98

145

60 %
101

Franklin

Square

Guaranty Trust
Hanover

124

23%

25%

40

43

382

Par
5

Jersey Insurance Co of
Lincoln National Life

10

„

49

53

64%

31 Va

33%

4

47%

Maryland

American

Equitable

5

30

49%
32 Va

American

Fidelity & Casualty_5

23%

25 Va

Massachusetts

28%

Merchant Fire Assurance

Assur

(Newark N J)

Re-insurance

American
American

2'/a
5

27

Casualty common
$2.10 prior preferred

86

89

100

263

270

380

390

435

450

&

Bank

91

30
23 Va

—10

Kings County Trust

100 1,600
10
23%

Long Island

Trust
Manufacturers Trust Co
Meadow

32

50

190

16

50Va

52

10

38 Va

40

-10

43 Va

45 Va

25

36

37%

25

5121

125

364

379

32

24%

1,650
26

Detroit

City

Angeles

Security-First National

Mellon Nat'l Bank & Tr

65%

29

31%

100

262

25

Trust—
Bank

&

100

Peoples 1st Nat Bank &; Tr—_20

25

—

Merchants & Manufacturers

83%

87%

National Fire
National

Bankers & Shippers
Boston

51%

270

113

National

Boatmen's

53

20

37

39

20

50%

54%

17

54

57

& Trust_20

Bank

National

Bank:

First National Bank

116

Trust_17%

48%

50 Va

2

4%

5%

10

Manufacturers Bank

Mercantile

Trust

60%

New Amsterdam

33%

36%

New

Casualty
Hampshire Fire

23 %

25

New

York

Connecticut General Life—.

lo

Continental

10
10

Casualty

Co

Crum & Forster Inc

Employees

57

Group

Assoc

Employers Reinsurance

•

10

238

243

102%
49 Va

51

53

51%

54%

Northern

Federal

4

Fidelity & Deposit of Md
Fire

Assn

Firemen's

of

Philadelphia

10

30%
108

32%
115

10

43%

Pacific

Fire

Pacific

Indemnity

(San Fran)—lo
Newark
5

66%

68%

General Reinsurance Corp..
Glens Falls

46%

Co

4

10

11

78

2

48%

50%

10

45%

47%

23%

25 %

29%

31%

8%

9%

10

—10

60

62

85%

89%

68

71

18%

10

Phoenix

10

100 %

60

63

20

62 Va

66 Va

&

Trust—20

100

155

34

10

28%

8%

105

Ask

105%
106

1984

103%

103%

1983

105 Va

3%s

Florida

Power

3%s

Gulf

States

Utilities

Illinois

Central

Illinois

Power

International
New

bonds

in

(Texas)
St Paul Fire & Marine

12%

36

38

64 %

Seaboard Surety Co

10

43

46

Security (New Haven)
Springfield Fire & Marine

10

35%

1969

not
to

but
of

——.

105

.1959

102%

103

-1983

100%

100%

Finance

Phila Elec

Public

4s

3 Vis

Serv

Co

of

103%

104 Va

-1973

104

104Va

.1973

103 Va

103 Va

1984

Tenn. Gas Trans 5s
4s

105

Duquesne Lt Co 4,20 ft

yet

El

Paso

Kansas

quotations
under

New

4.20%

the

Nat Gas 5.65%

pfd
50
pfd.100

16%
35Va

5

32%

34%

Standard

23

24%

Travelers

lo

40 %

42 Va

U

Hartford Fire

lo

175%

130%

Hartford

lo

48%

50 %

(Jacksonville, Fla.)_2%

S

U S

Accident

10

10
100

Fidelity & Guaranty Co__2
Fire

Westchester Fire

3

50

48%
888

Exchange

Power

5.85%

Bond

51%

52 Va

100

preferred

Worcester
&

Lt

3%s

1983

104

4.44%

County Elec—
preferred

52

FOOTNOTES

50%
908

68%

70%

40%

42%

k

28%

FOR

•No par value,
b Bid yield price.

27%

admitted
Stock

101%

101%

pfd_50

102%

103 Va

100

100

101

Tenn Gas Transmission—

Record)

Iowa

51%
107

100

preferred

Narragansett Elec 4.64%

York

51 Va

106

City Power & Light—

37%

15

51%

105%

Ind—

3%s

"

104%

listed

government

the

Ask
103

Stocks—

due

has

found

Stock

43%

104%

102 Va

Monogahela Power 3%s— -1983

101

1983

bonds

issue

admitted

be

104

1984

3%s

dealings,
can

3%s—1983

3%s

RR

Bid

Bonds—(Cont.)

Bank—

3%%

(This
been

9Va

28%

10

35 Va

Pacific

104 Va

heading

62%
33%

165

Francisco

Long Island Lighting 3V2S- -1983
105

105 Va

30%

Republic

Va

60

Trust

28

Power—

Edison

104%

Providence-Washington

2

26 %

Sou Ohio Elec 3%s__1983

19%

27%

5




Elec

Consol

l

41%

5

Steamboiler

52

25

Trust

Bank

United Bank &

San

1983

Col &

46

5

Globe & Republic

Hanover Fire

Union

Tower Grove

20

293

Commonwealth Edison 3%s_1983

80

44

5

Reinsurance Corp (N Y)

18 Va

283

Bid

Appalachian
3%s

10

Globe & Rutgers Fire
Great
American
Gulf Life

-

Co

Louis

30

49 Va

Recent Security Issues

45%

Fund

Firemen's of

44%

12.50

Peerless Casualty

St.

133

Albany, N. Y.
State Bank of Albany

Bonds-

3.33%

Northeastern

47 Va

10

100

51

26

2.50

North River

99%

Co

30%

48

24%

10

__5

Fire

128

27

25

Co

39

5

Fire

5

Co

Fire

25

Trust

&

46%

St. Louis

212

29%

lo

—

-

Union

5

Insurance

Camden

36
202

23%
64

lo

Surety

Automobile

1

5

21%
62

X44%

Bank of Amer N T & 8 A. .6.25

Bank

.

Pittsburgh

63%

20

Public Nat'l

33 Va
205

Bank

National City Bank
York

Bank

National

20

Los

20

National

Central

First National Bank

20

Brook

Cleveland

89

Ask

5

Bonding

Ask
74

66%

88

—20

Bank

41%

87

N Y„lo
10

10

Ins Co

39%

Insurance Co of North Amer__l0

Automobile

Amer

Bid

Bid

71

394

20

Y

N

Co

(The)

United States Trust

American

Agricultural Insurance Co

1.00%

1.00%

129

Irving Trust

Trade

Home

bl.10

bl.10

Trust—33Va

Jersey

Rye National Bank

—

Companies

Ask

0.93%

Illinois
Bank

National

Mutual Bank & Trust

Par

0.95%

bl.10

Harris Trust & Savings Bk__100
Northern Trust Co
100

First

National Bank of Detroit.

.100

City of N Y

Sterling National

Insurance

0.87%

bl.08

National City Bank
Union Bank of Commerce

.

New

2.50

Amer

_

Cleveland Trust Co

Diversified Trustee Shares—
Series

_

Par

American

1.26

15.70

Investment

44%
46 V.

Morgan (J P) & Co Inc

1.23

lc

Investment Co of America

53%

-10

of Freeport

lc

Institutional Found Fund

0.85%

bl.05

Companies
Continental

391

51 Va

Industrial Bank of Commerce. 10

Wall Street Investing Corp
Washington Mutual
1

—

„

8, 1954
15, 1954

-

City Nat'l Bank and Trust—25

38

5.81

6.20

Line Income Fund Inc—I
Van Strum & Towne Fund Inc_l

Value

Investors
Income

15

-

Va

Franklin National Bank—
Value Line Fund

Ask

bl.00

Continental Bank & Trust

Empire
Accumulative Fund

.

-

Ask

379

28.80

13.25

Shares

Investment

36

14.87

2%

Amer

Co.__10

28.80

27.33

1

1.65%

Chicago

Manhattan

the

Bankers Trust

value)—*

Fund

Bid

York-

4.41

Hudson Fund Inc

1.60%

0.80%

4.01

26.53

1.55%

bl.80

Apr. 22, 1954

11, 1954

lc

Industry Shares Inc—1
Guardian Mutual Fund Inc
1

bl.80

bl.85

1954

6.04

Growth

1-54

1954

25,

32

1

asset

18,

Mar.

1

•

1-54

26%

25

& Clark

(net

Mar.

0.50%

Mar.

2.50

Stock

0.40%

b0.90

United

8.20

2-54

9-

1.40%

5.85

24%

5

Fund

b0.85

1954

Mar.

2.97

17.64

1954

4,

Feb.

,

1

Inc

Stevens

Fund Inc

United

8-

10-

Ask

bl.75

Bid

28,

Feb.

Scudder, Stevens & Clark—

Texas

1-54

Treasury Bills

Feb.

7.74

'

98.20

Bid

6-

Ask

Jan.

4.55

—5

Fund

(Geo)

Bid

12.08

4.15

Trading

Fund

United States

5.81

11.05

preferred

Sovereign

Dm

2-53

bl.65

Feb.

5.32

1

Fund

lc

Common

bl.55

1-54

5- 3-54

7.06

11.96

99

5.20

Pacific Amer Investors com—10c

Scudder,

1-54'

4-

3-53

8.28

1

Series

Resources

Putnam

3-

1-53

7.36

7.58

Inc__lc

—

England Fund

Pioneer

Date!

1-53

lo

■

99.20

98.12

1-53

10.19

1

Fund Inc

$1.50

Bate

10-

Fiduciary Trust

7.48

99.28

98.25

13.17

9.32

I

Series

12.18

1

Stock

Petroleum

Ask

.

2.70%

Federation

10.94

103.16

99.12

16.81

1

Stock Series

New

15.66

1

Natural Resources

Natural

Bid

1.20%

6.74

1

100

99.20

l%s April 1, 1958
lVaS Oct. 1, 1958

bl.50

4.92

-lo

100.4

99.24
103.12

1957

1,

1-54

13.59

;

99.28

1,

2-

4.50

Inc

Ask

100.15

Federal Intermediate Credit Bank Debentures

12.50

l

100.13

100.5

1%8 March

1

•

1%S Oct.

l%s Oct.
100.19

Dec.

1

..

101.1

'

Bid

Notes—(Cont.)

l%s April

100.13

United Income

shares

100.30

100.11

United Continental Fund

Companies

100.22

100.28

15, 1954
15, 1954

8.53

Utility

113

of a point

more 32nds

or

15, 1955
1, 1956
1956
2%s karch 15, 1957
1 %s April 1, 1957

100.8

l%s March

7.78

■

112

1961

_

1%S Dec.

Tmurary Notes—

lc

Growth

100.17

100.20

1954

lc

Tobacco shares

one

Treasury

2%s Aug. 15, 1954
2%s Sept. 15, 1954

lc

shares

101.24

Maturity—

Ask

100.15

1954

shares

Bteel

98.16

101.12

Panama Canal 3s

Indebtedness—

of

2%8 Feb.

shares

Bond

Railroad stock

1958

U. S. Certificates of Indebtedness & Notes

Equipment shares

RR

1,

98.8

100.3

1,

8.40
5.82
7.10
2.79
4.24

Railroad

2%s May

100.13

1. 1954

Feb.

10.40

7.80

9.21
6.39
7.79
3.08
4.66

1957-55

100.1

2y«s

-1

Speculative Series

State Street

7.11

1,

100.9

0%s June

1-53

Series

9.40
9.99
9.75

lc

100.26
101.2

l%s Oct.
100.12

6-

interest

Slock

Selected

shares.lc

Company
shares

Priced

Merchandising

100.22
100.26

100.4

1.50 %

Series

8.55

shares ——lc
Mining shares
lc
Petroleum shares
lc

Investing
Low

1955
1956

100.8

12.77

Balanced Series

5.82

9.12
9.36

1,
1,

Securities-

Pine Street

shares

Feb.

May

100

12.77

National Investors Corp
National Security Series—

Growth

Securities—

100.10

2%s
2fas

1954

—1

Fund

7.18
7.20
21.70

Aviation shares

100.4

1955-54

100.11
100.5

1954

Bate

value

Nation Wide

6.55
6.57
19.80

Automobile

Inc

Corp—

beneficial

36%
8.42

Group

1,

100.17

100.8

1,

Feb.

2.90%

Of

First Boston Corp
10
Founders Mutual Fund
•
Franklin Custodian Funds Inc—
Preferred stock series
lo

Fund Inc
Capital Corp
Investors Trust

Fund

Mutual Trust Shares

Income

Gas Industries

2%s Feb

100.13

8.49

2.77
38%
9.16

-

Ask

Bonds—

100.3

1954

2%s June 1,

2%s

16.00

7.72

Preferred

Common stock series

100.7

Bank

1, 1954

19.20

14.72

19.23

Fundamental Investors Inc

100.5

1954

15

15,

2.10s May 17, 1954
Central Bank for Cooperatives—

31.43

1

17.79
2.52

■fruity Fund Inc

April

Land

2%s Nov.

Fund—

1

Fidelity Fund Inc.
5
Financial Industrial Fund Inc_l

General

21.69

29.23

Invest

34.28
26.67
5.35

General

20.06

Mutual Fund of Boston Inc

32.06
24.94
5.16

Inc

1

1

Life

Mutual Shares

1
1
20c

Fund

Fund

point

Stock

beneficial Interest—•

Balanced

Futures

interest

Inc

Units of

Net asset

Diversified Investment Fund_l

&

Trust—

Mutual

17.89

a

Bid

Federal

l%s

Mass Investors Growth

1
1

Fund

Balanced

Fund

Investors

Massachusetts

Dividend Shares

Stock

3.44

5.79

12.29
29Va

Diversified Growth

Eaton

3.12

3.48

13.65

1

common

4.93

5.26

X12.56

Diversified Funds Inc—
Diversified

3.13

lc

Steel

16.86

15.51

Inc—

asset value

Delaware

shares..lc

Metals

4.14

2.84
4.48

.

lc

Ctfs

Net

Industries

Non-Ferrous

1

Ob Vegh Mutual Fund Inc—
Net asset value

March

2.75s

2%S

100.4

Figures after decimal point represent
3.76

lc

Paper shares

1

Income Fund

•

Equipment shares.lc
Electrical Equipment shares.lc

7.46

100.2

1954

15,

Funds—

Manhattan

Consolidated Investment Trust-l
Do Vegh

Feb.

37.21

—

Business

139

of

10.72

Com

Automobile shares

7,475

6.86

32nds

6.34

25c

Priced

(Net Asset Value).

18.51

more

or

6.89

Com

Com

Managed

8.92
11.47

1

-

-

Inc—

Fund

Concord

8.92

(High-Grade

Petroleum

Fund

Composite

Stkj.l

Stocks)—_1

(Speculative Com Stkj—1

Lexington Trust Fund

Composite Bond & Stock
Inc

8.89
12.95

23.92

17.12

one

Ask

Banks—

Loan

Home

2.75s

Loomis Sayles Mutual Fund—

1

Commonwealth Investment
Fund

8.14

11.87

8.88

com—10o 7,275
—100
134

——...

18.96

Stks) _1

24.24
26.20

1

Securities

Preferred

17.37

Stocks)—1

(Speculative Pfd

8.22

1
1

Trust

Fund

Christiana

11.57

22.42

.1

Inc

Inc—

Fund

Shares

19.52

10.60

5

Corp

Fund

General

Canadian

Century

26.75

17.89

1

Invest

Bollock Fund Ltd—

Canada

24.52

1

10c

value

asset

Bonds)_l

Federal

Knickerbocker Fund

Bowling Green Fund Inc—
Broad

27.75

Bonds)

Pfd

(Income

•

of

Tr

26.58

Bonds).—1

Grade

(Income

Ridge Mutual Fund Inc—1
Inv

1

Bid

31.37

Bonds)

Priced

S-l

Bond

30.75

Keystone Custodian Funds—

K-2

Blair

Figures after decimal point represent

1

8%

1
—1

Corp
Holdings Corp

Ask

Mutual

Inc

8
2%
9.75

Beneficial
Blue

(Th£)

Bid

Par

to listing on the New York
Exchange.

OVER-THE-COUNTER
t New
x

stock,

Ex-dividend,

wi When
y

issued,

Ex-rights.

.

.

ISSUES

(435)

Week Ended Jan. 16
The. or" '
* V'

J

THE COURSE OF BANK CLEARINGS
Third Federal Reserve

compared with a year ago. Pre¬
liminary figures compiled by us based upon telegraphic advices from the chief cities
of the country, indicate that for the week ended Saturday, Jan. 23, clearings for all
cities of the United States for which it is possible to obtain weekly clearings will be
6.9% above those of the corresponding week last year. Our preliminary total stands
at $19,966,255,350 against $18,682,881,192 for the same week in 1953.
At this center
there is a gain for the week ending Friday of 13.1%.
Our comparative summary for
^ Bauk cleari ngs thisweek will show an increase

the week follows:

Pennsylvania—Altoona
-

968,079,994

961,082,467

+

1,121,000,000

1,113,000,000

628,724,511

658,530.875
375,768.489

392,000,000

350,000,000

540.794.000

545,652,307

—

Kansas

City

Louis

St.

Francisco

San

1,056,000,000

..Reading

1,065,000,000

13.3

+

1,505,15T

0.8

—

1,620,280
'

1,220,641

4,734,212

1,221,000,000

4,252,83*

■

1,180,000,0001

3,507,511

4,021,281

Scranton

6,451,652

7,042,746

Wilkes-Barre

4,049,454

3,486,323

+ 16.2

3,408,523

8,354,882

7,841,382

+

6.5

6,280,697

6,573,60*

Delaware—Wilmington

13,236,459

14,127,082

6.3

15,746,062

19,979,679-

New Jersey—Trenion

10,443,638

10,851,255

3.8

9,568,005

9,865,563

1,115,059,086

1,122,128,624

0.6

1,275,792,570

1,238,391,665

_

York

.

(11

cities)

8,772,220

8,867,880

243,448,091

249,944,805

433,039,769

483,166,821

46,906,000

47,465,300

Columbus
4.5

—12.8

3,627,076

8.4

6,838,340

—

—

—

-

3,878,983

6,961,04*
-

2,867,14?

—

+

Total

392,358,529

+

+'
+

2.6

41,134,700

1.2

42,463,800

7,582,636

+ 17.7

6,137,125

+ 23,4

9,348,869

8,494,263

356,534,295

409,213,301

—12.9

385,992,597

382,904,975

1,108,659,262

(7 cities)

1,215,185,350

8.8

1,153,469,444

1,197,952,19S

—

—

6,273,169

1.3

303,109,052

478,712,209

0.7

483,038,863

8,831,273

271,601,610

466,733,582

8,944,607

;

Pennsylvania—Pittsburgh

0.9

—

7,011,138
235,782,333

—

8,923,255

Youngstown

12.0

1.1

2.6

—10.4

—

11,035,632

Mansfield

1.8

—

Fifth

Federal

Reserve

District—Richmond-

West

Virginia—Huntington
Virginia—Norfolk

15,428,578.508 $14,212,489,373

cities, live days

1,267,00*

1,531,006
'

Cincinnati

310,887,013

Baltimore

Ten

+13.4

Cleveland

394,996.661
:——

$

1,438,369

+-143.8

5,017,815

Ohio—Canton

489,196,570

Pittsburgh
Cleveland

+ 11.4

1,522,519

1,620,246

5,684,948

Philadelphia

0.7

368,899,689

Boston

1,597,975

3,712,267
1,837,428

;

'.Lancaster

0.7

+

Chicago

1951

$

Fourth Federal Reserve Distriet—Cleveland+ 13.1

$9,029,948,791

Philadelphia

1,780,847

Bethlehem
Chester

1953

1954

$10,214,000,070

York

New

Vr

1952

'

TELEGRAPH

BY

Week Ending Jan. 23•

Dec. f#

District—PhiladelphiaJ

Total

CLEARINGS—RETURNS

$

,

.

.

1953

...

47

+■

8.6

3,725,326,515

+

2.0

4,384,818

8.8

18,789,000

20,862,000

9.9

15,552,000

12,962,000

162,230,408

170,593,254

4.9

144,686,562"

6,410,192

3,998,684

/

Richmond

3,835,875

3,093,866.

3,798,064.035
3,798,064,035

five days

in

figures are not available at time of going to press.

ends Saturday,; and the Saturday

Accordingly^ in the above the last day of the week in all cases has

able-tOi give final and complete

we are

Outside of this city there was a loss of .3.3%,

week in 1953.

same

at this
'

which we present further below,
— week ended
of 2.8%, the aggregate of clearings for

having amounted to $19,416,590,030 against $18,880,849,859

the whole country

center; showing

are

located and from this we note

decline of 8.8%, in
serve

8.8%
the Philadelphia Reserve District

in

the Richmond Reserve District of 4.9% and in the Cleveland

District of 13.6%/ The Chicago Reserve District suffers a loss of

1.6%, but the

In. the Dallas Reserve District the totals record an

District of 3.0%.

1.3% and in the San!Francisco Reserve District of 3.3%.
^

In the following We

furnish

a

summary

;

'"' V

.

'•

•*

2nd New-Yorkr_I
3rd

—,

44

Rhlladelphiaiv——__11
1.

8th' Richmond--—

6

7th

St.

1,215,185,350

594,215,524

624,955,292

932,244,461

1,078,852,540

1,313,839,774

1,334.824,327

655,072,818

653,816,179

500,738,412

:

485,914,692

II

9th

10th

—i

Minneapolis—i

—

44

—10

Kansas City

1

44

7

589,304,103

12th

San

—_

—

Outside New York City-

435,343,886

'981,305,303

1.015,042,430

18,880,849,859

9,308,825,637

9,623,688,034

-

now

add

our

four1

1951

1

Mobile

Total

Fall

«;

New

Indiana—Fort

•New

Rhode
New

Island—Providence—

(12

138,776,685

189,786,424

—26.9

125,960,665

115,639,G9*

9,871,641

10,466,649

6.0

+

3.2

434,743

432,57?

—32.3

159,754,866

159,485,940

1,078,852,540

—13.6

861,364,762

827,657,080

+ 25.0

1,560,451

—

Haute.

Terre

+

7.4

13,669,574

10,082,193

+

8.4

8,075,165

+

3.5

8,018,949

7,088,780

+

4.4

67,215,000

68,474,000

—10.9

9,237,386

8,784,260
•

72,488,000

9,527,501

+

3.0

3,213,164

3,499,462-

+

1.4

97,307,322

93,047,226

5,506,899

5,384,465

+

2.3

4,885,259

773041

37,111,469

+

12.6

38,528,141

15,161,285

+ 10.5

17,034,645

41

City

1

—

Illinois—Bloomington
Chicago

16,750,845

1,884,987

—-

1,642,565

+ 14.8

1,501,435

1,909,090

1,006,660,212

3.6

946,004.994

4,651,198

+-23.2

4,398,240

1,014,051,690
4,927,595?

16,293,629

Peoria

14,774,428

+ 10.3

14,950,416

15,130,740

8,522,644

1,313,839,774

(17 cities)

5,095,455

—

rl0.6

7,210,624

7,258,65*

7.5

4,538,421

4,710,631.

1.6

9,537,525

5,479,939

1,247,349,186

1,310,091,970

352,700,000

365,800,000

1,334,824,327

+

Eighth Federal Reserve District—St. Louis349,300,000

1,153,469,444

1,197,952,198

341,600,000

2.3

183,464,459
119,822,692

183,404,436

0.1

178,326,535

195,496,469

126,190,349

5.0

118,385,013

133,793.176

2,485,667

2,621,394

5.2

2,182,776

655,072,818

Louis

Illinois—Quincy

653,816,179

0.2

G51,594,324

559,051,824

4.9

568,855,091

861,364,762
1,247,349,186

0.2

651,594,324

697,484,218

.+

3.0

481,427,297

500,239,217

Total

.

cities)

(4

1,310,091,979

+

Kentucky—Louisville

+

—

610,903,817

635',820,906

275,807,542

387,076,877

1.3

—

.6.7

+

Ninth Federal Reserve District—Minneapolis—

Paul

St,

3.3

—

1,057,182,464

18,361,640,752

18,144.255,622

3.3

+

983,448,795

2.8

—

9,141,491,980

y

_

North

Dakota—Fargo

Soutni

Dakota—Aberdeen

7,823,932
333,223,787
128,276,531
8,908,757

7,637,411
323,441,937

2.4

7,236,533

7.695,85*

3.0

329,040,788

349;263,97*

121,829,810
9,330,188

5.3

116,761,646

115,003,10*

4.5

8,875,526

8,601,12*

4,379,102

-

Minneapolis

4,302,983

1.8

4,002,840

4,492,86?

£?

5,638,292

5.1

4,783,521

4,452,210

*

New

Total

the

Cities)

(7

11.2

+

986,378

+ 18.8

813,443

+

5.2

750,464

10,382,058

+

4.2

9,539,017

Omaha

160,225,805

162,263,906

1.3

164,143,214

or

'/o

1952

j$

1951
$

1,172,179

Kansas—Topeka

+ 13.5

2,228,460

1,680,050

4,690,440

4,438,048

559,963,090

11,846,275

—

9,805,847

22,236.559

Pueblo

3,535,587

589,304,103

Joseph

Colorado—Colorado Springs

368,009,615
14,143,145
4,006,821

3,307,334

City_

23,131,431

360,106,783
>14,413,217
4,322,860

Wichita

Missouri—Kansas

—

+

20.8

2.9

2.432,493

+ 15.5

1,391,299

—15.6

2,467,691

2,727,439

13,162 019

1.7

12,324,171

10,995,837

9,466 925

0.1

9,475,021

8,679,239

+ 12.2

34,727,642

33,197,298

Galveston

1.8

16,133,369

15,542,046

Wichita

N.
.

+
—

14.1
0.6

Total

—

cities)

(10

35,687 ,239
17,049 128

36,905 100

—

—

—

3.9

37,605,800

40,055,900

1,974 173

+

7.1

1,702,390

1,907,430

673,809,926

+

0.1

685,141,866

19,808,853

15,500,59*

382,669,892

400,001,84*

+

1.9

16,325,623

15,820,655

+

7.9

3,528,113

3,831,861

6.5

3,141,413

3,173,363

1.3

610,903,817

635,820,90®

597,078,231

—

9,394,848

+

1.8

7,341,386

8,053,727

+

7.9

217,172,108

323,637,591

4.1

29,168,533

30,796,571

6,119,781

9.3

5,332,183

5,169,425

13,883,299

+

12.6

11.355,332

11,916,563

464,875,822

Falls—

Louisiana—Shreveport

362,141,668
36,646,442
7,030,000
6,747,629

15,631,692

Worth

Fort

9,560,026
390,576,047
35,142,276
7,846,000

-

Total

(6 cities)--

Federal

Reserve

435,843,886

+

6.7

275,807,542

387,076,87?'

160,780,450

168,108,67*

—

+
—

Total

(11 cities)




11.6

5,438,000

7,503,00*

District—San Francisco-

158,399,513

44,856 .584

4,641 ,908

114,811 ,837

—

0.7

18,925,116

17,953,170

+ 22.3

4,087,027

4,167,337

1.5

123,282,910

123,273,045

+

—

—

10.9

3,638,589

Oregon—Portland

32,515 ,951

20,190 ,873

25,906,900

21,227 ,805

62,410,876

63,593 .449

66,714,883

78,884 .131

10,487,325,259

9,643,398,382

+
+
—

+

73,856,075
22,518,596

Francisco

San

Jose

2.135,288

2,832,413

9,220,148,772

8,646,133,624

1.3

29,830,258

20,117,296

21,170,387

18,989.548

1,015,042,430

19,416,590,030

18,880,849,859

9,308,825,637

9,623,688,034

20,395,290
6,526,091

Barbara

Stockton

17,302,768

0.1

15.0

4,470,474

3,875,740

—11.8

162,881,942

166,546,305

9.3

70,051,451

81,368,493

+

—

—

3.7

18,200,172

19,145,744
13

802,8271

—20.3

11,404,660

0.8

521,969,449

573,360,813

18.6

16,916,264

14,998,981

—

+
—

—

2.6

5,456,643

5.467,257

1.7

11,317,290

10,507,619

27,712,083

2.2

22.0

21,751,194
517,411,226
17,197,974
6,700,627
10,751,803

981,305,303

Beach-

81,394,670
23,388,118

17,332,294
513,524,243

City

Pasadena
San

2.4

173,369,738

10,569,107

Lake

Utah—Salt

California—Long

2,601,436

9.2

4,534,462

152,967,695

Yakima

158,542,618

5,216,399

Washington—Seattle

2,440 ,182

I

Jersey

9,668,-*47

3.9

—

740,807.790,

32,927,922

N^w

176,382,10*

Eleventh Federal Reserve District—Dallas—

Texas—Austin

Santa

J.—Newark

9,698,641

2,616,214

Dallas

19,741,839

Northern

10,112,446

951,79*
•

1,135,664

4,236 693

791,61*

884,782

2.1

—

617,832,625

+

9,257,161,,825

Syracuse

500,239,21?

855,890

1,165 672

2,382,788

Rochester

10,730,07*

481,427,297

10,817,201

3,043 463

3.073 .837

Connecticut—Stamford

10,726,443

3.0

13,734,071

485,914,692

Federal Reserve District—Kansas City-

Nebraska— Fremon't

543,597 026

10,107,764,393

York

.

9,498,121,998

12,202,222

500,738,412

Helena

5,199, 631

2,738,912

Jamestown

394,573

5,924,081

Minnesota—Duluth

St.

2,322 ,857

2

>697,484,2161

827,657,088

1.6

—

Inc.

5,679,364

Elmira

18,926,23?

5,730,926

1,238,391,663

—13.6

Dec.

116,527,720

_

5,225,036'

35,836,70*
•

970,394',367

•

,

Decatur

8.8

—

$

44,529,662

Binghamton
Buffalo

9,544,481

3,803,035
111,999.865

—

York—Albany

6,440,880

3,917,077

1^275,792,570

Second Federal Reserve District—New York—

New

1,936,490
12,084,260
.

113,559,738

-

Iowa—Cedar Rapids
Des
Moines

Sioux

2,157,157
15,963,714

9,087,329

Wisconsin—Milwaukee

Twelfth

«

7,548,54?

7,534,549

641,574

233,448,997

8,489,483

Tennessee—Memphis

2,113,750

cities)—.

122,223.775

75,672,000

9,566,486,058

673,950,206

Hampshire—Manchester
Total

Wayne

0.6

T7-

1953

35,462,300

i

3,764,300

115,159,559

2,695,879

Hastings

40,040,259

Haven

4,670,774

4.2

Lincoln

16,739,393

Connecticut—Hartford

2.9

+

17,148,269

Bend

9,457,251

Worcester

Arbor

Indianapolis
South

12,943,253

_

+

932,244,461

Rapids

3,574,912

Springfield

5,556,782

5,084,383

620,732

Lansing

1,346,513

Bedford

6,310,234

10,932,722

Grand

3,130,892
_

—35.5

Seventh Federal Reserve District—Chicago-

Michigan—Ann

540,571,874

River

Lowell

299,600,000

157,965,687

(10 cities)

5,933,900

Massachusetts—Boston

84,821,915'

322,600,000

168,634,892

Mississippi—Vicksburg

8,992,499,398

District—Boston—

Portland

1

Louisiana—New Orleans

8.8

+

$

2,635,909

28,583,558

'86,265,995

6.4

-175,724,632

Alabama—Birmingham

685,141,866

0.1

+

1954

First Federal Reserve

32,653,377

3.1

—

5,232,751

740,807,790

Week Ended Jan. 16

Maine—Bangor

8,462,238

2.3

—

—

$

$

'/«

years:

Clearings at—

328,300,000

5,462,175

Total

detailed statement showing the figures for each city for

week ended January 16 for

30,495,324
104,127,067

307,300,000

Augusta

Tenth

We

29,790,332
100,904,818

Nashville
Georgia—Atlanta

Montana—Billings

19,416,590,030

II

111 cities

i

1952

or

•

6
10

Francisco

Total

597,078,231

464,875,822

44

llth Dallas—

9,643,398,382
1,122,128,624

44

44

Louis

673,809,926

1,115,059,086

44

—10

Sixth Federal Reserve District—Atlanta-

Tennessee—Knoxville

Missouri—St.

1,108,659,262

44

Chicago

-6th

—

Atlaiata——

Dec.

10,487,325,259

4th -CleveJ and—-—

6th

Inc.

$

673,950,206

—11

—

1953

$

-12 citlea

Boston

559,051,82ft

CLEARING^

1954

" '

Week Ended Jan. 16—

1st

568,855,091

Springfield

by Federal Reserve Districts:

SUMMARY OF BANK
'

4.9

(6 cities)

Rockford

/

•

"r

increase

decrease of

6.7%,.but,i.n the^Kansas City Reserve District the totals register a

of

Re¬

gain of 0.2% and the Minneapolis Re¬

St. Louis Reserve District has to its credit a
serve

that in

In the Cleveland Reserve District the totals suffer a

falling off of 0.6%.

a

624,955,292

in the

York' District (including this city) the totals show an improvement of

and in the Boston Reserve District of 0.1%, but

there, is

594,215,524

3,905,98*

the bank clearings

We group the cities according to the

increase of 9.2%.

an

Federal'Reserve Districts in which they
the New

116,251,820

Florida—Jacksonville

results of the previous week

For that week there was an increase

Jan: 16.

278,151,58*

114,279,981

Macon

to be estimated.

In the, elaborate detailed statement, however,

\V:

279,835,575

5.3

6.9

+

the foregoing will appear
We cannot furnish them today, inasmuch as the week

issue of next week.

our

4.4

117,721,253

6,001,320

Columbia—Washington

0.7

—

Complete and exact details for the week covered by

V

304,983,775

111,'518,648

Carolina—Charleston

Total

$19,966,255,350 $18,682,881,192

Total all cities for week_

"

745,065,304

739,612,807

All cities, one day.

291,677,464

District of

South

7.2

$19,226 642,543 $17,937,815,888

6.4

Maryland—Baltimore

Other cities,"

151,431,889
3,919,771

Total

Grand

1.9

15.890,911
69.540,143

72,158,863

8.8

9,566,486,058

8,992,499,398

total

(111

cities)

——

—

+

1,057,182,46* a,

3.3

983,448,795

2.8

18,361,640,752

18,144,255,622-

3.3

9,141,491,980

9,498,121,998

57,194,272

—15.4

(10 cities)

—

+

Outside

New York City

•Estimated.

The Cofnmercial and Financial Chronicle

(4o6)

REDEMPTION

PARTIAL

Foreign Exchange Rates
Pursuant to the requirement of Section 522 of the Tariff Act of

certifies daily to the Secretary of the Treasury the
countries of the world.
EXCHANGE

FOREIGN

We give below

RATES

CERTIFIED

BY

JANUARY

County

and Monetary Unit

15,

Noon

1954

TO

RESERVE

JANUARY

UNDER

INCLUSIVE

1954,

.133333°

Toho

L__

Seaboard

.0719820*

Solar

2.240537

.0385802°

.0385802°

.0385802*

Feb

5

108
9
109

.

due

.—Feb
Feb

1962

1
1

.0200062

.0200156

.0200093

Finance

Aircraft

.0200125

7%

sinking fund
ISSUE

Co.,

in

203

bonds—Mar 15

CALLED

$1.72

preferred

conv.

202
*2198

8

*2577

stock—Mar 22

*

Feb

convertible preferred stock__Feb
issue.

this

*In

Volume

Page
8
1

stock

Co., SO-cent convertible prefeired

•Announcement

9

.

Date

Stromberg-Carlson Co., 4%

.0385802*

.0200039

________

1

_Feb 15
bonds due 1965—-Feb
1

A

Carpenter Paper Co., 4% convertible preferred stock——Feb
Central RR., 4%% debentures due 1966
—Feb

.0385802'

franc

3
4-

203

Illinois

.133333*

.0719820*
2.240537

1

Ltd.—

ENTIRE

.200000*

.133333°

.0719820°

1

Feb

Co., Ltd.—

series

(Kansai division i

mtge.

Feb
1962

due

Company and Issue—

$

.200000*

2.240288

1st

Jan.21

$

.133333°

.0719820°

2.240039

Electric Power Co.,

Thursday

Jan.20

.133333*

.0719820°

2.239790

bonds,

Sun Ray Drug Co., 3%% debentures—
Seabrook Farms Co., 3%% s. f. debs.,

Wednesday

.200000*

mortgage 7%

" Page

pfd. stock—Feb__16

j.—.

debs,

f.

Co., 4'/i% preferred stock
Republic Steel Crop., 3% 1st mtge.

'

$

.200000°

A

s.

of Newark, N. J., $4

Pet Milk

1930

ACT OF

TARIFF

Jan. 19

$

.200000®

Belgium,

1st

TREASURY

TO

3%%

Packing Corp.,

Firemen's Insurance Co.

Great Consolidated Electric Power

Tuesday

$

'

Deerfield

different

just passed:

Jan. 18

Jan.15

Free

1930, the Federal Reserve Bank

Monday

Friday

Preferential

21,

Cornell-Dubilier Electric Corp.—
$5.25
preferred stock,
series

Buying Rate for Cable Transfers in New York (Value In United States Money)

Argentina peso—

Australia, pound
Austria,
schilling

BANK

Date

Company ana Issue—

buying rate for cable transfers on the

record for the week

a

FEDERAL

Monday, January 25, 1954

...

*

15

178.

Brazil, cruziero—
.0428082°*

.0428082°*

.0352609°*

.0352609°*

,0352609°t

,0352609*t

.326400

.326450

.326450

.326450

.326450

1.028750

1.028203

1.028593

1.028593

_

_

British Malaysia, Malayan

Canada,

Ceylon,

dollar

dollar

France

(Metropolitan),

franc—

.210400

.210400

.00435401*

.00435401*

.00285625

.00285625

.00285625

.00285625

tables.

.210400

nounced

.210366

_________——_;

______

.210400

.210400

.210400

2.811250

2.811770

2.811875

.

pound
krone

.116177

.116177

.116177

.264000

.264050

.264075

.264100

2.784034

2.784034

2.783106

.j

2.783415

2.783725

.140080°

.140080°

.140080°

.140080*

.496766°

.496766°

.496766*

.496766°

.0349000

.0349000

.0349000

.0349000

.0349000

.193330°

.193330°

.193330°

.193330°

.193330°

Agnew

Alabama

.233075

Union of South Africa,
United Kingdom, pound
Uruguay, peso

.233075

.233100

.233100

2.800747

2.801058

2.801369

grouped in two separate

are

indicate

we

all

during the current week.

2.811250

2.811679

2.811875

Ht

2.811875

vv'

99

0 9

# tf

eo

tApplication depends upon type of merchandise.

Gas

Corp.,

Ltd.

—

American

Cast

Altes

Brewing

Steel

Co.

Statement of Condition of the Twelve

million.

Federal Reserve Banks Combined

increased in the other three, resulting in
of

crease

Inc. (+) or
Dec. (—) since
1954

Gold

certificates
Redemption
fund

20,429,102
for

F.

1953

23,999

—

—

691,000

+

892,780

4,152

—

1

Co.,

City, and

Holdings

Total gold

Other

ctf.

reserves

21,321,882

cash

451,593

Discounts

and

Industrial

loans

U.

S.

Govt,

Bought

advances

28,151

22,357

+

09,666

86,404

—

1,701

—

102

562,222

—

+

16,753
792,175

—

-276,900

+1,577,462

323,000

+ 323,000

5,816,541

820,825

13,263,671

510.000

3,641,150

Notes

880,825

Bonds

8.

Due from
R.

P.

25,363,774

Uncollected

46,100

the

and

25,435,141

securities—

other

46,100

—

+

40,406

+

+

22

banks—

items

8,565

—

4,320.447

+

52,746

+

298

178,445

+

9,561

51,991,103

+

367,631

Bank premises

536,177

$43 million.

adjusted increased

$456

in

'

412,537

+

—183,707

+

20,874,493

+

5,029

—

443,010

:

Other

—

286,348

646,640

4,018

1954

Assets—

9,173

Jan. 6,

since

81,362

Jan.

1953

14,

1953

56,720

—155,013

—

Other

deposits

21,608,880

and

accrued

+

17,583

353,545

+

3,343,924

divs._

190,426

—

292

—

—

50,944,102

+

359,972

1,421

+

1,265

—416

+

1,301

I

agricultural

dealers

for

for

purchasing

or

856

7,964

139,341

32,870

1,356

2,581
indebtedness

7)

Surplus

(Section

13b)

60

37

+

+

13

683

,

130

—1,501

5,138

—

64

+

2,656

6,525

251,889

+

43

+

511

+

43

—1,536

36

—

26

+

447

+

73

+

12.609

14,786

+

40,337

1,022

+

20

+

+

21

+

115

27,543
127,659

+

51,991,103

+

7~212

Louisiana

B

4%%

cap.

accts.

367,631

—

Oil

of

gold
to

serves

note

certificate

deposit

liabilities

Contingent liability
ances

and

U.

re¬

F.

44.8%

on

—

0.2%

1.1%

Government

foreign

deposits..

—

3,719

+

3,501

Co.
RR.

Atlantic

Refining

Plywood
held

Finance
de

Los

(A.

5%

deposits, $183 mil¬

lion in demand deposits credited to
ciomestic banks, and
$286 million in
borrowings, and an increase of

$772 mil¬

lion in demand deposits
adjusted.

Commercial,
creased

industrial,

$32 million in

Chicago, $16 million

and

New

in the

million in the Cleveland

agricultural

San

Francisco

District, and

lion at all
reporting member banks.
to

industry

appear

in

another

press

brokers and dealers for
purchasing




loans

a

District, $13

total of $96 mil¬

Changes according
release.

Loans

to

including

those

called

the

current

details

carrying securities

OF

Northern

Ontario

Canadian

Northern

Quebec

Canadian

Northern

Maple

Leaf

Milling Co.,

redeemable

Quebec

&

Ry.,

Lake

Ry., 4%
Ry., 4%

4%

St.

John

(Sidney)
Co.

1-25

Brooklyn

Garden

Hill

7%

(quar.)

(quar.)

3-25

3-

3

2-17

2-

5

1-15

1-28

1-18

3-

1

2-15
1

—

iquar.i

Cement,

Ltd.,

Canada

Safeway,

Foundry

5%

$1.30

pfd.

preferred

Vinegars.

2-15

2-

3-15

37'/a.C

2-15

1-29

2-

1

1-22

C

2-

1

1-22

3-

8

2-17,

<quar.)„

1

1

Electric

Co.,

2-19

1

2-

1

3-

1

2-

1

3-

1

2-15

2-15

1-29

*$1.25

(quar.)

$1.25

(quar.)

com.

3-

*20c

(quar.)

pfd.

3-20

*$1.25

________

preferred

*32'/2C
*$1.25

(quar.)

5%

Co.,

3-

Co.—

(quar.i_.__

5%

Utilities,

pref.

(quar.I

Ltd.

Louisiana

2-

31c

43%

.

Cannon

&

Foundry

2-15

Insurance—

Quarterly

Canadian

1

2-

c

1

50c

Canada

Canada

3-16

4-

12 '/2c

pfd.

conv.

(quar.)

Title

Wyant

2nd

1

2-15

$3

(quar.)

preferred

5%

4-

15c

preferred

Co.

Pacific

Common

Campbell,

2-15

50c

Jackson

California

1-27

1

50c

<quar.)_„

(quar. I

Eymart-Tintair, 5%
Byron

1

3-

15c

Co.

&

Co.

2-

25c

Apartments

Falls

32 '/a C

62'/a

l

—

25c

3-

1

2-15

2-15
2-

1

2-15

1

2-15

482

—

207

+

7

75

—

737

—

Central

Vermont

4.15%

Public

preferred

4.75%

Cherry-Burrell

Corp.,

preferred

(1946

Ohio

Yellow

Products

Titp

Bottling

Collins

Aikman

redemption,
fund provisions.

in which

1

102

Jan

31

*1978

stock—Jan
Jan

31

*1978

3-20

3-

1

1

4-

7

2-

1

1-26

3-

1

2-18

62 Vie

3-31

3-12

7 Vie

—

(quar.)

5-

37VaC

(quar.)

com.

1-25

1-

7

30C

1-20

1-

8

Coal—

Co

(St.

75c

87'/ac

12'/2C

Co.,

Franklin

Louis)

—

took

no

1-20

10c

2-

1

Monthly

10c

3-

1

2-15

Monthly

10c

4-

1

3-15

50c

3-10

2-15

15c

2-15

2-

Hotel,

Conduits

Consolidated

$5

Co.

preferred

*1978

25

205

$3.75

preferred

Jan

31

*1989

$4.25

2nd

*15c

Ltd

Co.

of

N.

YJquar.)

Consolidated
Continental

Theatres,
Can

Co.,

class

3-15

3

1-28
2-11

common

(quar.)

4-

1

3-12

4-

1

3-12

3-

1

*13c

A

2-

1

—

3-15

2-25

93%C

(quar.)

(quar.)

preferred

60C

8

$1.25

quar.)

Ltd.,

—

2-

30c

*1978

31

—_

Corp., common.'

(initial

31

Jan

1—

(quar.)_.

Co.,

Edison

(monthly)——._

(increased)

Inc.

National

Consolidated Cigar

Co.

Power

Carbon

Feb

stock

1-26

actionjfct meeting held on Jan. 20).
Colorado-Central

Columbian

Feb

stock

1-30

Corp. '(directors

Commodore

Page

$1

(quar.)

Corp.

Coca-Coia

for

1-26

quar.)

Co

Insurance

1-26

1-30

(quar.)

:

Cab

3-15

1-30

$1

series)

&

3-15

1

15c

preferred

Wilmington
Quarterly

1

4-

(quar.)

series)

Ry.

convertible

4-

$1.18

*

common

(1947

&

$1.04

(quar.).

preferred

-.3'/b%

Service—

(quar.)

preferred

called

debenture

5

25c

(quar.)

Fund

City

debenture stock
debenture
stock

4%

2-

1

—286

shares

Ry.,

1-23

15c

3-

Ltd.—

preference

5

Electric—

&

common

corporate bonds, notes,

debenture

1-25

2-

3-

Date

Byers (A. M.) Co., 7% preferred stock
National Ry., 4%
debenture

2-10

10%

$1.17%

TENDERS

Canadian

31 '/a C

$1.12 '/2

—

Company and Issue—

Canadian

2-19

iquar.)_

(except where indicated)
given in the "Chronicle."
NOTICE

3-15

2-23

(quar.)—

volume
were

2-11

preferred

—183

under

2-11

3-12

preferred

sinking
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in

5%

or

(quar.)_

common

(quar.i_

Green

City

stocks

3-12

$1.18%

Corp.,

Valley Gas

de¬

City, $27 million in

_

dividend)———

(quar.)

(Phila.),

Bowling

Chicago

common

3-15

at

(quar.)_

—

Shoe

Bobbs-Merrill

Notices
and

2-23
2-23

37VbC

18).

(stock

Chicago,

the

York

payment

common

preferred

preferred

Redemption Calls and Sinking Fund

preferred

3-17

Andes—

preferred

4%

of

1

3-15
3-15

(directors

shares

S.)

43/4%

4%

list

4-

25c

4.70%

—569

571

a

3-17

4.50%

1,931

Below will be found

1

50c

(quar.)—

i/.

Jan.

Co.

3-17

4-

$1.25

(quar.)

common

on

on

convertible

1

$1.25

—

Conn,

Co.

Co

action

no

meeting

of

Corp.,

3-10 '

4-

$1.25

(quar.)

common

(quar.)

Line

3-31

50c

(quar.)

(quar.)

Line

c

50c

59 %c

A

<quar.)„

preferred

Chesapeake

The condition statement of
weekly reporting member
banks of the Federal Reserve
System in leading cities
shows the following principal
changes for the week
ended Jan. 13: Decreases of
$416 million in loans, ^$569
million in United States Government

12'/2

1-21

3-10

1,655

510

Condition Statement of Member Banks

Co.

1-21

3-31

+

163

112

1

c

22

deposits:

banks

Borrowings
20,373

1

2-

62'/a

442

—

1.253

correspondents
Industrial loan commitments..

2-

10c

common

20c

Refining Co.,

Coast

Banco

1-19

2-15

._

Coast

took

1
1

+

11,560

demand

Domestic

accept¬

purchased for

S.

Interbank

R.

combined

Gas

Atlantic

Atlas

2-

+ 772

56,044
19,503

Ratio

&

2nd

$1.50

Liabilities-

199,505

1-29

3-

(quar.)—

preferred

$5

Central

Total liabilities &

1-29'

2-15

5 6'Ac

Corp.__

preferred

Ashland

Central

562

—

325

—

2-26
2-26

2-10

50.47917

—_.—

Armstrong Rubber, class

5

2,721

+

625,013

accounts

384

+
—

7,476

266,786

(Section

65

+
+

9

—

18,626

Surplus

+

11
82

+
—

444,285

of

6

—

598

certificates

451

i

banks.

3-10
3-10

pfd. (initial)

America

of

342

+

carrying

1-25
1-30

(quar.)

preferred

(quar.)

Oil

Burry Biscuit Corp., $1.25

6.490
to

—,

—206

1,913

Capital Accounts—

Capital paid in

Co.

Arkansas

Buck
96

—

pur¬

securities

61,675

+

—

and

carrying

or

loans

Treasury
liabilities

and

+

securities

178,678

—

Loans

Deferred availability cash items

brokers

chasing

133,547

337,479

industrial,

—473
—416

22,846
to

1

2-17

2-15

for

payment

oh

Co., 4%%

Fuel

Blumenthal

(In millions of dollars)

loans

330,381

—

Trap

Blauner's

40,030

199,505

+

action

no

preferred

Elackstone

Jan. 13,

3-19
3-19
2-

(directors

Co.

Inc. ( +) or
dec. (—)

1

2-17

$1.06%

mem¬

40,667

—

Animal

American

ber banks follows:

167,984

—

took

Arkansas

Beck

reporting

1

$1.15

5c

(quar.)

American Water Works Co., 6%

Auto

by smaller amounts in nine of the other districts.

44-

$1.05

preferred.)

American Screw

$1.25

A summary of assets and liabilities of

Loans

capital

million

2-15

50c

^

Leather

&

Atlantic

deposits

Commercial,
25,973,715

Member bank—reserve accts.
U. S. Treasurer—gen. acct._

Other

member

Holdings of "other" securities de¬

1

Deposits:

Total

reporting

17,073

—

—

Liabilities—

Federal Reserve Notes

Total

all

80,376

Total assets

Other liab.

at

$49 million in New York City, and $45 million in the

1,330,462

—

230,827 I

Other assets

Foreign

million

Chicago District, $57 million in the Dallas District,

and
25,303,774

cash

$43

a

+1,330,462

__.

of

in¬

Borrowings decreased $215 million in New York City

foreign banks

notes

de¬

notes

creased $36 million.

repurchase

Govt, securities.

Total loans

of

San Francisco District.

bought outright

Total U.

Treasury

Holdings of United States /Government bonds in¬

Demand

Other

agreement

increase

net

banks.

323,000

—

under

indebtedness

of

of

$50 million in the San Franbisco District and

creased
2,319,412

Total

Holdings

Hide

Class

Certificates—

Held

certificates

million.

/

Bills

Special

increase of $131 million in Chicago.

Treasury

$64

2,110

—

securities:

outright—

of

creased
creased

—

decrease of $77 million in New

were a

an

2-15

1

5c

Inc._^

Furniture

again
the

1

3-

14c

(quar.)__

common

Industries,

American

5%

York

128,778

R.

notes

$13 million at all reporting member banks; the

principal changes

Jan. 21,

net de¬

a

1-29

3-

87'/be

5c

Ambrook

American

Holdings of Treasury bills decreased in nine districts
and

(In thousands of dollars)

Jan. 13,

$37 million.

decreased

"Other" loans

$82

Loans to banks decreased

million.

$206

of Rec.

1

30c

(quar.)

Extra

decreased

Holder*

3-

10c

Engineering Co. (initial)
Control Co., 7%
preferred
(s-a)

Allied

•♦Temporarily omitted.

When

Payab'e

20c

(quar.)

common

prior

Alloy

1954

an¬

follow with

*10c

(quar.)

preferred
(quar.)
Alabama Power Co., 4:20% preferred (quar.)
4.60%
preferred
(quar.)
All

Jan. 20,

we

Share

Surpass Shoe Stores,

$3.50

—

AimUi—

dividends

the

Then

Per

2.801369

2.810937

sterling

first

Name of Company

.233125

2.800435

pound|

the

.140080°

.496766°

peso

Switzerland, franc

•Nominal,

In

a second table in
which we show the payments previ¬
ously announced, but which have not yet reached their
payment date.

.116177

.116177

Philippine Islands,
Portugal, escudo
Sweden, krona

Dividend announcements

2.811875

.264000

guilder

New Zealand,

Norway,

.210400

.00435401*

2.810937

India, Dominion of, rupee

Netherlands,

.210400
.00435401°

.00285625

.

Markka

Ireland, pound
Mexico, peso

DIVIDENDS

.210350
.00435401°

rupee

Finland,

.0423082**

.0428082°*

.0428082°t

.0352609°t
1.028359

Basic
Free

4-

1

3-15

$1.0G%

4-

1

3-15

60c

W-M1

Volume 179

Bliu *

Number 5293

The Commercial and Financial Chronicle

...

(437)
Per

Name of Company

Copeland
Cosden

Share

Refrigeration

Petroleum

Counselor's
Cribben

Corp.

Investment

&

4'A %

Corp.

Sexton

4'A '/a
4'A%

(quar. i

preferred

Diamond

Dickey

Ice

6c

Coal

1-22

Co.,

5%

Trust

6-15

9-15

2-

1-20

Louisville &

2-

1-20

Lucky

30c

3-

2-

$4

8

Shares
Inc.

(Mass.)

(from

1-22

1-

8

2-15

1-21

2-15

1-21

Manning,

Maxwell &

2-1

1-26

Marathon

Corp.,

2-10

1-29

Co.

Ltd.

Manhattan

1-15

2-15

2-

3-

(quar.).

$1

will

not

2-18

1

1

Mathews

2-24

2-24

2-

2-

3

Meier

3

3%'%

preferred
Dun & Bradstreet,

35c

cornmon_„,

3-

1

3-15

3-

1

40c

Miles

3-

4

2-16

25c

Mills,

4'A%

(quar.)

Farmer

Co

Firestone

6c

Tire

Bank

Stcck

Four-Twelve
Freiman

4Vz%

the

Funsten

Co.,

preferred

General

National

$12Vic

1

1-23

2-

1

1-23

2-15

1-28

common

10c

General

2-

1

1-20

2-

1

1-20

1

1-20

Corp.

3-15

2-15

Tire

General

Waterworks

6c

preferred

Co.

(H.

Coal.
L.)

non-cum.

Power

(quar.)

4.64%

Gas

Pacific

2-

1

1-20

Panhandle

(quar.)

B

35c

preferred

3-10

Common

2-11

4%

3-18

2-24

Parmelee

$12'Ac

2-15

1-30

Peerless

50c

1-30

1-25

Peninsular

1-30

1-25

$1.16

Ltd.,

common

A.

1

$4.25

preferred

class

Hartford Fire

A

com.

dividend)___

convertible

(Charles E.

Stores,

Co.

5%

preferred

$4.20

preferred B
(Jos?ph)

Hycon

preferred

Co.,

(Torn)

3-

RR.

2-15

(quar.)

2-15

$1.09%

3-

(quar.)__

2-

2-25

50c

2-

3-

2

4.

$2.25

30c

pfd

(quar.)

1-30

;

1-25

1-30

15c

(stock

5

2-15

2-

1-31

2-15

1-20

2-

1-15

$1

1

non-cumulative

preferred

Institutional Shares. Ltd.

$3

I

3-

2-

Inter

type Corp.

Investment

Co.

iquar.)
of

Foundation,
preferred <quar.)

Investors
$2.50

Trust

Co.

preferred

(R.

(stock

Ltd.,

5%

Kellogg

I.),

I"

common

1

2-

3-

1

2-12

Shoe

5

3-15

3-

100%

2-19
4-15
4-15

$1

2

-1

3-

2-

$1

2-

(resumed

)

1-18

87 'Ac

1

7-

1

10-

preferred

1

iquar.1

of

Co.

Canada,

'1

87 'Ac

_Z_ZZ

(quar.)

quar.TZZ

(increased

4% %

preferred (quar.)
Keystone Custodian Funds—

(Walter!

income)

&

Co.

Inc.

G.I, Inc.

12-15

5c

14c

from

from
net

011

&

Co.

&

(N.

Aircraft

5.44%

class A

(quar.)

$1.60

3-

1

2-

1

25c

3-

1

2-

$1.60
Stein

5

net

investment

realized

security




2-15

7-21

2-

1

1-15

3-

1

2-15

2-15

2-

1

2-15

2-

3-15

2-25

1

3-15

1

4-

3-29

3-19

24-

3-

2-10

3-

2-10

3-

2-10

1

1-20

3-10

3-12

3-

3-15

2-15

2-15

1-29

3-31
3-31

5

33-

1
1
1

3-

(quar.)

35c
37'Ac

1-14

2-15

1-29

1-

50c

3-10

2-12

—.___

■

$1.!2'A

3-

1

2-12

3-15

2-15

$1
15c

3-

1

2-15

3-

2

2-15

10c

3-

2

2-15

2-15

1-29

$15c

(quar.)_____

1-31

1-15

1

1-25

2-

Ltd.—

2-10

2-15

1

3-15

2-25

40c

3-15

2-25

$27'Ac

2-15

1-29

2-15

1-29

Ltd.—

to

(stockholders
be

held

proposal

to

two-for-one

(F. W.)

1-29

1-25

34%c

2-15

20c

common

1-25

2-15

2-10

37'Ac

3-

2-

$1.50

4-30

4-16

3-

1

2-15

90c

& Co.,

'

1

1

2-15

1-30

2- 1

1-15

$1.26

(final)
Gold

30c

$1.25

2-

1

1-15

4- 8

1-25

2-15

1-18

Ltd.—

Fields

5c

split
2-15

1-29

1

2-15

3-

25c

2-27

3-15

2-27

$1.12'A

3-15

2-27

40c

(quar.)

3-15

$1.12'A

com.

1-25

1-15

(Sidney)
50c

3-

9

2-23

$1.50

2-

1

1-22

2-20

1-29

&

4-15

3-29

"4-15

3-31

Edison—
2-28

2-

5

30'Ac

2-28

2-

5

16'Ac

3-

2-19

25'Ac

—__n

!

(quar.)

1

._|—,—$0.265625

3-

1

2-19

34%c

3-

1

2-19

25c

3-

1

2-19

34c

3-

1

2-19

(quar.)

—

25c
Co.

(quar.)

3-

1

1-19

33c

—

preferred

(quar.)
(quar.)
Corp.—

3-

1

2-

3-

40c

(Ind.)

preference

62'Ac

1

Wells

Corp.,

Gas

Service,

preferred

A

B

Co.

common

common

(quar.)—
(quar.)

(quar.)

$3.75

Co.

—

(quar.)
(quar.)

of

America,

preferred

Aluminum Co. of

4%

2nd

Aluminum

1

Canada,
(quar.)

preferred

5'A%

preferred

Goods

2-17
2-10

1

2-15

2-15

1-29

(quar.)

common

(quar.)

3-

dividend

on

American

Can
Car

&

preferred

(quar.)_

Common

common

Co.

(quar.)

1-22

35c

2-15

1-21

75c

4-

1

3-12

$1.75

4-

1

3-12

from

Co.,

Corp.

American

Natural

Gas

4'A%

Inc.

Co.,

Phenolic

Corp.

American

Research

&

(quar.)

Ship

Building

Bottle

Argus Corp.,

(quar.)—

2-

1

1-8

7-

5

6-28

1-29

1-15

Co.—

50c

2-

1

$56'Ac

2-

1

1-11

1-26

12-22

$25c

(quar.)——

4'A%

30c

pfd.

3-9

2-9

$1.12'A

2-

1

1-11

2-

1

1-11

15c

2-

1

1-15

25c

3-

1

2-10

81'Ac

3-

1

2-10

(quar.)

(quar. i

common—

&

Santa

Fe

Ry.

75c

Steels,

Nichols

&

;

3-

2

1-29

$1.25

2-

1

12-31

$1

2-1

$1.08%
$1.08%

2-1

1-7

2-1

1-7

2-19

2- 5

—

.

pfd. A

prior

Co.—

Investment

4'A%

.

2- 1
2-1

1-20
1-15
1-22

Co.

(quar.)

Corp.

Hydro-Electric

Co.,

(quar.)

preferred

(quar.)
(quar.)__

2- 1
2-1

1-15

1-20

i-il

fHo1!
1-30
$1.12'A
2'A%
20c

3-15
1-30

1-20
3- 1
1- 8

15c

com.

iquar.)___

1-25

1-15

10c

(quar.)—
-

preferred

2- 1

JyC

Income

Baldwin-Lima-Hamilton

preferred

30c
56'Ac
6'Ac

(quar.)

(L. S.) 4'A% preferred (quar.)-,
preferred (series 1947) (quar.)
Co. (stock dividend)

4%

1-5
1-21
1-4

30c
$1.13

(accum.)

common

Baker-Raulang

7%

2-1
2- 1
2-1

$1

Machines—

preferred
(quar.)
Axe-Hough ton Fund B, Inc.

Bangor

1-7

,

$4.50

Rubber

93%c
$25c

preferred

Mills,

5%

(quar.)

conv.
prior preferred (quar.).
Mfg. Corp., $2.25 conv. pfd. (quar.)

&

1-29

$1.25
—

$1.20

Tools

1-29
1-11

Co.—

(quar.)

Co., 4%
Ltd.

1

1

Co.—

—

preferred
(quar.)
2nd preferred
(quar.)

Atlas Powder

3-

3-

1-29

$$1.12'A

(quar.)

(extra)———

(s-a)

Electric

$15c

—,

preferred

(quar.)

1-11

$1.12'A

(quar.)

—

City Electric, com. (stock dividend)
Atlantic Refining
Co.—
3.75%
preferred "B"
(quar.)—

Ayres

1

Co.

Extra

2-15

1-20

(s-a)

Corp.

preferred

From

1-20
1-20

2-

Atlantic

5%

1

2- 1

$1.25

preferred

Ltd.,

City

Avondale

2-

50c

common

Topeka

Avildsen

2- 9
12-22

$2.25

Smelting

Laboratories

Co.,

preferred

Austin

1-25

2-23
12-31

25c

(quar.)__—

common

(quar.)

convertible

Common

Avco

2-10

$1

$1.25

Inc.

Constable

Atchison,

Atlas

1-15

$12

(quar.)

Research

Baldwin

3-10

1-15

1-15

(quar.)

Ltd.

preferred

Farms

1

25c

1

1-29

2-19
1-18

$15c

participating

1

1-20

2-

25c

1-20

r

(initial)

(quar.)

Co.

Anheuser-Busch,

1-25

1-20

1

(quar.)_

Telephone

preferred

2-

1-20

2-

(quar.)

Anglo-Huronian,

4.35%

50c

(quar.)—

com.

(s-a)

Clayton

A

4.35%

1

Co.—

Anglo-Canadian

Atlantic

2-

(year-end)

Corp.,

preferred

4'A%

1

Co

preferred
(quar.)
American Zinc, Lead &

Arnold

1

3-

(quar.)

5%

$3

1-20

2-

25c

Steamship Co.

Class

1-15
12-31

1

$1.12'A

gains)

American

preterred

1

2-15

2-

12c

pfd.

Development

American

prior

2-

30c

(quar.)

American

Amoskeag

1-22

37'Ac

Fund,

Thermos

1

$1.25

Co., Ltd.,

Viscose

1-19

2-

$5

(quar.)

(quar.)

capital

1-29

20c

(monthly)—

(initial)

common

Mutual

American

50c

85c

Petroleum

American

American

1-16

(quar.)

Products

Israel

(From

8

2-15

Foundry

Home

preferred

1-

1

2-23

American-Marietta

6%

1-29

3-

1-30

(quarterly

semi-annually

preferred

1-16

1-15

4c

Shares

(quar.)

American Metal

1-11

1

(St.

preferred (quar.)
Distilling Co. (quar.)
American Equitable Assurance Co. of N. Y.—
American

2-

10%

Insurance
Co.

B

1-29

30c

non-cum.

Increased

1-29

12'Ac

American

2-

1-29

2-5

37'Ac

Co.

American

1-29

1-20

2-

3-1

income)

Business

investment

2-15

1-29

3-1

$$1.31
Co.—

50c

Board

1

$25c

5%

Automobile

American

2-15

10c

3-15

(quar.)

American Box

12c

37'Ac

4-

50c

Louis)

40c
31'Ac
37'Ac

1-29
2-20

Corp. (quar.)
Aggregates, Corp.—

American

1-20

3-10

Ltd.—

(quar.)

Manufacturing

Sugar,

1-15

1

40c
93%c

Petroleum

American

7%

2-

1

3-5

Extra

Amalgamated
Amerada

net

2-

20c

Holders

Payable of Rec.

$50c

—

Aluminum

When

50c

4'A%

(40c
30c

(quar.)__+

1

3-10

/

(quar.)

Co.

preferred

Per

Share

Corp. (quar.)__
Air-Way Electric Appliance Corp
Aluminium, Ltd.
(quar.)

4%
30c

week, these being given in the

Name of Company

5%

—.—

com.

this

Adams-Millis

Arden

87'Ac

25c

Service

announced

Applied

basis).

(quar.)_—

(quar.)

Packaging

dends

4.50%

(quar.)

(quar.)_
(quar.)

we

Appalachian Elec. Power.

on

$1

Power

preferred
Oil

1

2-15

preceding table.

4'A%

(quar.)
Investment
Fund

Suburban

Sun

3-

15c

give the dividends announced in previoiui
weeks and not yet paid. The list does not include divi¬

Anderson

23c
—_

'

2-

1

(quar.)

Inc.

Power,

Consolidated

$4.50

—

Public

conv.

(A.)

$1.25

Yuba

$5
$$1.75

—_—

10%

6%
19c

1

75c

common

see

convertible

Struthers

1

and

profits)

8-

3-31

—

B

6%
inc.

1

1-21

Dredging Corp.—,

Sterling

1-21
3-

3-

3-31

(quar.)

Co.

Utah

Standard
1-31

3-15

2-26

$1.17'A

(quar.)

a

preferred

Standard

3-15

2-

(quar.)_r
(quar.)!

preferred

Woolworth

5%

(quar.)

Co.,

Standard Oil Co.

35c

1

2-26

1

35c

preferred (quar.)
preferred (quar.)

2-15

$20

ZZ

1

3-15

3-

2-

$1.02

America

California

1

1

2-15

|40%

preferred

American

dividend

2-25

4-

4-

1

Y.)

(quar.)___1

Company

3-15

2-15

4-

Gas—

Blumenthal

28c

44c

3-12

10-20

25c

(quar.)

Southwestern

3-

8-23

8-

10-30

$3.50

25c

on

preferred

Southern

.

4-21

5c

Trust

director's

a

Blumenthal

3-15
5

5%

1-21

5-

$1.17'A
$1.12'A

(quar.)

5'A%

Lexington Trust Fund Shares—
(Quar.

3

preferred

4%

1

$1.12'A
$25c

5

2-

$1.10

pfd.

(quar.)

A

meeting

a

common

3-

20c

_

iR.

1

50c

(quar.)

Kings County Lighting Co.
(increased)
Kings County Trust Co. (quar.)
Lanett BJeachcry &
Dye Works
Le Tourneau

4-

3-

40c

.

of

at

3-20

$118%

Series K-l Keystone Income
Preferred Stock
Fund (from net investment
Kidde

1-3-55

37'Ac

5

25c

(quar.)____

—

Corp.

$37 Vic

Ltd

com.

4-

1

2-10

2-

12'Ac

(quar.)—-—

(quar.)

Southern California Water Co.,
4'A% preferred (quar.)

9-15

Kelsey-Hayes Wheel

Co.

Hamp.)

B

Southern

6-15

87 "Ac

2-

(quar.)
preferred (quar.)

Stock

(s-a)

vote

Stock

3-15

87'Ac

2-

$50c

A

2-15

"

1

2-

65c

5

Z__Z__

2-15

3-

5%

—

Foods

3-

Z-IZZIZZI

1

$$1

:

Fine

preferred

tquar.i

2-

$1.14

•

(quar.)

Packing Co.

preferred

(quar.)

2-15

3-

20c

(s-a)

Electric, 4% pfd. F (quar.)

4.88%

iquar. 1

Kentucky Utilities,

&

4.08%

preferred

6c

75c
$1.50

Corp. ' (quar.)__

3-12

preferred

Kelvinator

Oil

1-22

preferred

1-25

5c

(quar.)—

3-26

3V2%

2-15

Wisconsin Power & Light Co. (quar.)
Wisconsin Public Service Corp.—

1

5c

Co., common (quar.)
preferred (quar.)_—

2-

3 'A %

lj-28

$1

Corp. of America, class A
preferred A
(quar.)_.

Solar

5

3'A%

3Vi %

Inc.

25c

„

2-11
3-

5c

(quar.)_

guaranteed

preference

40c

(quar.)

2-11

1

37'Ac

Agricultural Chemical—
6%
preferred (quar.)
Smith-Douglass
Co

1-22

$1.25

com.

1

3-

Smith

1-18

45c

(quar.i

3-

3-15

50c

———

iquar.)

common

>

1_

Mfg.

Simmons

1-19

2-

3.60%

$15c

Sidney

3-15

2-

2-10

$12'Ac

Sibley, Lindsay & Curr

3-15

1

40c

preferred

Canada

of

(reduced)/.

preferred
preferred

$4.50

1

25c

2-24

Electric

Below

$4.50

1-29

$75c

6%

15%

dividend

W

4%

2-17

3-

$15c

37 'Ac

Company

Co..

3-10

$1.75

$75c

;

Stock Yards Co.,

preferred

Kawneer

(s-a)

;!

Iowa-Illinois Gas & Electric
Kansas City

dividend)

common

<quar.)

Participating

1

35c

America

Investment
6%

$1

2-

1-15

62'Ac

class

Electric

Service

the

1

1

Corp.—

Bank

Sherwin-Williams
3-

2-

'Ac from

dividend

March

I

4

(qaur.)

Breweries, Ltd.

& Baumer Candle Co.

5.04%

(quar.)

Co.

4.70%

Trading

National

will

Foundation Fund—

(s-a)

&

Sheraton

22c

30c

Wisconsin

35c

(quar.)„

Mining Co.

Class

1

2-19

Will

1-15

28c

—

Shea's Winnipeg Brewery,

1

9-

$3
25c

from
ordinary income and 8c from
security profits
International Business Machines
Corp. (quar.)
International Harvester Co., I'm
pfd. (quar.)
Interprovhicial Pipe Line Co., Ltd.

Inc.

Co.

Electric,

participating

Class

(s-a)

(s-a»_1_.

3-15

Line Co.—

(New

Serrick Corp., class A
Class B (quar.)

Co.-—

6% non-cumulative preferred
Illinois Zinc Co

1-15

1
1

3-18

4-

White's Auto Stores, Inc., common
(reduced)
5'A% convertible preferred (quar.)

1-29

1

4-15

1-29

2-

2-24

1

$1.25

3-15

4-

3-10
4-

2-

(quar.)

Manufacturing Co.
Virginia Pulp & Paper—
4'A% preferred (quar.)

$1.25

Liquidating

1-20

55c

__

1-10

2-18

1

75c

7%

1

3%

dividend)
*

3-

35c

(quar.i

3-10

2-8

2-15

30c

4-

(Bait.)—

Lawrence Flour Mills Co., Ltd.—
preferred (quar.)
San Francisco Remedial Loan Assn.,

3-18

1

1-28

3-1

$1.50

Western Canada

1-25

St..

1-25

4-

56 % c

5

ioc

1-29

$1.25

Special
&

1-29

2-

35c

Point

35c

—

Royal Oak Dairy, Ltd.,
S

2-15

1

Inc.

2-15

2-10

Rosefield

2

3-

3-26

20c

Bakers,

&

$1.15

(quar.)—,.

Telephone

Rochester Gas

2

3-25

3-25

3-

2-10

Richfield

1-20

$1.05

1

3-

4'A%

2-15

31'Ac

4-

3-

Rheem

2-15

3-

Dutch

5

(quar.)

Machine

Transportation

Rayonier,

2-15

$1.06Vi

Co.,

Central

1

3-

3-

9

We'St

50c

4.70%
(quar.)
Quaker City Fire & Marine Insurance

5

2-26
2-

4-

He

income

Kamp's Holland

Special

West

$1.02

4.08%

3-22
3-

3-19
2-15

Fund, Inc.—

5

92'Ac

$1.40

15c

com.

(quar.)

Peanut

1

2-15

25c

Income

3-

(quar.)_

Public

1

3-

75c

1

(quar.)

Stock

2-15

1-26
3-15

ioc

!____

4-

preferred

Public

1

3-15

30c

(quar.)

con v. pfd.
Co., common
preferred (quar.)

"6%

4-

50c

Mfg.

4%

2-

12 Vic

(accum.)

Power

Illinois

5

2

30c

earned

de

(quar.)

5

(quar.)—

$1

From

Van

Co.

(quar.)__j.

3-

pfeferred
preferred
preferred

Polaris

3-26

3-15

1-11

$3.50

Pipe

(quar.)

Petroleum

2-15

87'Ac

Extra

Idaho

3-

1

1-25

1-20

3.70%

5

4-23

5c

(quar.)

Houdaille-H( rshey Corp.,
Hubinger Co. (quar.i
Huston

3-12
3-

1-30

4.05%

5

25%

(quar.)_

1 quar.i

Co.

3-

5c

com.

preferred

Electrochemical

$4.25

3-12

1-25

35c

Casualty

4.50%

2-15

25c

Corp.,

2nd

&

1

Inc..

1

$1.25

v6% convertible B preferred
(quar.)__
Heyden Chemical Corp., common
(quar.)
3Vi% preferred A (quar.i
$4.37Vi

3-

1-30

Foundry
Corp.

5c

(s-a)

preferred

4.40%

2-15

$1.06 >A

(stock

(quar. 1

Products

Holly

5-

1

50c

Corp.

Hires

2-10

3-

50c

(quar.)

Corp., 5''
preferred (quar.)_
Mining Co. 1 reduced)..

Hercules Steel

1

5-15

15c

1

(quar.)

Insurance

Hercules Cement

3-

$$1.25

I

common

1-16

2-11
3-16

&

6c

Utilities, Ltd., 4% pfd; (quar.)
Co., 4.56% preferred (quar.)__
Corp.
(stock dividend)

Pennsylvania

3-15

1

15c

.

(quar.).

(quar.)

Co.,

B

1

2-

$35c

(quar.)

4-

2-26

2-26

Pipe

Vitamin

1

(quar.)

7%

RR.,

Eastern

3-25

(quar.)

Line

2-19

S.
S.

2-26

2-

shares.

common

Co

Value

9

3-10

3-31

any

25c

Mills

3-10

;____

(quar.)
class A common

common

(M.

Home

Mfg.

$1

17c

Co.,

Class

Hooker

Edison

25c

Co

Cotton

Oil.

Class

Hays

Ohio

1-20

$1.25

preferred

Hancock

Hecla

Northwestern

Opelika

(quar.)
(quar.)

Ltd., class A

Co.

Co..

Hagerstown
Hamilton

Hanna

1-29

2-1G

pfd.

Upson

the

on

postpone

4-

(quar.)

guaranteed

25c

West

5%

2-15

7%

1

(quar.)

Ry.,

Co.

Carolina

2-

Extra
Gulf

5-

North

2-26

(quar.)

Northern

Greea

2-81

$1.27Vi

;

Government Employees Insurance Co.
Lakes Dredge & Dock Co.

Great

3-10

50c

(quar.)

Great
Great

Tank

5-15

Corp.—

2-

3-30

—5c

60c

(quar.),

U.

U.

to

Swasey Co
Weatherhead Co., $5 preferred

———____________

50c

Rubber

preferred

payments

3

decided

Warner

<quar.)_

preferred

$1.50

(s-a)

again

5

Y., Chicago & St. Louis RR., com. (quar.)
6% preferred class A (quar.)
Niagara Share Corp.
(increased quar.)

1

Directors

3-19

2-

2-26

'$1.06VA

•

United States Lines Co.—

5

N.

Advertising Co.—

Machinery Corp.—
participating preferred (quar.)

4'A%

5

2-26

70c

3-

(quar.)_!

Fibres

common

National

2-

25c

2-

Hoffman

Ordinary

Chemical

&

Quarterly
Quarterly

15c

(quar.)

2-20

Service—

Electric.,Welding
Quarterly

3-18

3-10

20c

National

2-18

1

1

3-10

3-10

10c

3-

(quar.)

Co.

3-

40c

Mines

1

—

Drug

conv.

$1.50

common

General

5.10%

1

4-

2-11

5c

Insurance

Automotive

Ltd.,
60c

37 Vic

(quar.)__

Metals

3-

56 Vac

(quar.)

(quar.(____;

preferred

5%

National

3-31

$$1.12Vi

1

Hill

1

1

Co.

10%

div.)

I

50c

Keno

4-

—

Fund, Inc.—
(5'Ac from ordinary income and
realized Security profits)

2-19

(quar.)

2-25

3-

3-10

2-15

Investment

4-15
2-

1-15

3-15

3-15

2-19

1

Inc.

United

4-

—

,

par tic. preferred

3-10

(quar.K
series A (quar.)

Outdoor

Common

2-15

$3

Mutual

2-26

1

2-26

2-

1

3-

70c

95c
96'Ac

(quar.)

Investors

$15

preferred

Co..

2-26

1

Moody's

30c

(quar.)_

Cigar

3-10

$1.12Vi

$1

E.)

1-21

2-

3-10
2-

$1.1-1'A

Tube

Life

(stock

Vogt Mfg. Corp. (quar.)
Vulcan Corp. (quar.)
Warner-Hudnut, Inc., common (quar.)
6% 1st preferred (quar.)___

(quar.)

(monthly)

Oil Co.

Quarterly

(s-a)

common

(quar.)

preferred

General

1

(quar.)

1-25

2

3-

8c

Co., common

$1.50

2-1

15c

2-15

Trunz,

5

1

2-15
4-

(quar.)

97Vic

pfd.

Co., common
(quar.)

preferred

Monumental

1-27

1

5

25c

(quar.)__

Seamless

Monterey

2-16

1-30

1

2-

2-27

3-15

$1.06'A

(quar.)

com.

2-

15c

(quar.)

Utilities

3-

12Vic

Co.,

2-

50c

.

Portland Cement

(quar.)

Ltd.,

convertible

&

$1

_

Trust

2-15

4-

3-15

1

15c

2-15

S.

1

4-

25c

preferred

3-12

U.

4-

(quar.)

4'A%

&

$1.08%

Corp.

Laboratories

5%

Edison,
Bank

2-25

.

$1

Co

$2.80
preferred
(quar.)
Truax-Traer Coal Co., common
$2.80 preferred (quar.)

50c

—

Missouri

1-25

8

$15c

Mississippi Power, 4.60% pfd. (quar.)
Mississippi Valley Public Service, com. (quar.)
5%). preferred
(quar.)
_!

2-16

Loom

(R.

4Vi%

pfd.

Co.

Missouri

1

2-

1

62Vic

2-15

1

1

30c

(quar.)

1-15

1

3-

30c

(quar.)
(quar.)__

1

3-

50c

4>A%

Sixth

J.),

preferred

Fruit of

6%

Corp.

West

(A.

3-

Trade

$1.25

Ltd.

1-25
2-

(quar.)_

Rubber,

2-11

3-

;

.

Corp.

1

$2

___

Brothers

3-

4

12'Ac

(quar.)___
(quar.)

Federal-Mogul

3-

2-11

$1.12'A

common

preferred

(quar.)

Mining Corp._!
Mission Dry Corp.

2-15

1

50c

Capwell Co. (vear-end)
Equitable Credit, 50c preferred (quar.)
60c preferred (quar.)

$6

1

3-25

3-

$1.25

Emporium

Gale

3-

15c

25c
25c

5% pfd.
Empire Southern Gas (quar.)
Eppens, Smith Co, (s-a)______,

Inc.

(quar.)

Mineral

(quar.)___

Electric.

Hat

Michigan

3-18

1

25c

Co.

preferred

2-17

JExtra

District

4.45%

1

Toledo

2-

35c

(quar.)

preferred

4-

1-21

1

15c

4.35%

3-10

1

3-

3-10

-

2-5

31'Ac

62Vic

—

common

Frank

&

25c

__

More

common

Conveyor

$1.12&

_

1-21

2-

15c

(quar.)

Metropolitan Edison Co., 3.80%
3.85% preferred (quar.)____
3.90% preferred (quar.)

9

3-15

Elgin National Watch Co. (quar.).
Ely & Walker Dry Goods Co. (quar.)

First

3-

2-

3-5

15c

~

(quar.)

(quar.)

Thompson (John R.)
Timely Clothes, Inc.

1

$1

quar.)

preferred

preferred

37Vic

(quar.L

Special

5

1

40c

(quar.)_
Corporation (quar.)_____
Corp.

2-

4-

93 %c

preferred

Electrographic

2-15

50c

<quar.)___
Inc.,

Co.

preferred

Merrimac

_

1-21

$1.25

Holders

Payable of Rec.

Co.—

$1

(quar.)

(quar.)

Corp.,

$2.50

pay

dividends at the present time).
Corp., common (quar,)_____„_
(quar.)
Dresser Industries, Inc., common
(quar.)
preference

Co.

(quar.)

Corp.

McCord

$62Vic

(company

Shirt

preferred

Masonite

Ltd.—

...

2-

(initial

common

Textron, Inc., 4%

4

38c

Metal Products,
common
preferred (quar.)
Magnavox Co.
(quar.)__

Massey-Harris-Ferguson
9c

Investments,

1

New

1

2-10

—

(quar.)

5%

2-

2-

2-

Cement

$1

Lyon

8

14c

1

(quar.)

12Vic

8

in¬

1

3-

When

share

Inc.

25c

(quar.)

Inc.

2-

any

Erlanger

Stores,

5%

3-

2-18

50c

Special

2-

25c

Superior Portland

87Vic

(Md.)

common

3-

$1.25

2-26

$1

(quar.)

(Missouri)

Nashville RR.

25c

Dravo

Empire

A

50c

(quar.)

of

Co.

3-10

Biscuits,

5c

class

3-

$1.50

Brewery.

Eastern

Lumber

Sunshine

50%

(quar.)_,

$2

;

(quar.)

dividend)

(quar.)

30c
,

Co.

comomn

Long-Bell

7-

10-

35c

$1.75

pfd.

Fund,

(quar.)

Aircraft

4'A%

preference

$1.12'A

Per

Name of Company

1-26

40c

.>

(stock

Printing Co.,

$3.50

Holders

2-16

60c

Co

Tobacco

Corp.

Long-Bell Lumber Co.

Extra

4%

Cup

Lockwood-Dutchess

income 1

preferred

Dow

1

Lincoln

Corp.

Myers

3-15

(quar.)

(quar.)

Investment

Dominion-Scottish

Douglas

2-

2-16

<fc

3-15

Clay Mfg. Co. (quar.)

Investment

vestment

Liggett

Lily-Tulip

4-

—

Diversified

2-23

2-15

1

Glass

25c

stock

(W. S.)

Diocesan

3-10
3-

3-15

$1.1.2'A

—

6c Cleveland Navigation
Giorgia Fruit, class A (quar.)

B

Life

When

Payable of Rec.

15c

4-

(quar.)
Co., class A (quar.)
common
(quar.)

debenture

Class

Libbey-Owens-Ford
Savers

Share

Co

1-18

$3.50

Detroit

Di

&

12'Ac

—_

preferred

8%

T.)

2-23

$50c

Dennison Mfg.

Voting

(Fred

$1.12'A

common

(quar.)

Ley

3-10

28 Vic

(quar.)___—

preferred (quar.)
Ry. 6c Terminal, common

Dallas

7%

Co.,

preferred

Per

Name of Company

2-18

2-15

10c

(quar.)—

common

^

Clothing

4'A%

Holders

8c

Crown Cork & Seal Co., Ltd., $2 pfd.
(quar.)
Cuba Company* $7
preferred (accum.)
Curlee

3-10

25c

Inc

preferred

When

Payable 0/ Rec.

15c

I quar.)

Fund,

Co.,

convertible

(quar.)

49

1-25

1-15

45c

4-20
4- 1
4_ 1
4- 1

4-1

$1-75
$1

$1.06

3-10
3-10
3-10

t.

m

When

Per

Share

Name of Company

+■

Ltd.-

Barymin Co.,
Class

A

Lumber

Class

A

$1.40
Belmont

Ltd.,

Co.,

Works

Iron

Corp.

Watch

Benrus

Best

Co.

&

(quar.)

Co.

(E.

W.)

—________—

Co.

Blue

Ribbon

(quar,)-

Ltd.,

Corp.,

______

(quar.)..

5%

Ridge Mutual Fund,

pfd.

Inc.

1-15

2-

1-15

2-

1-

4-

3-10

redeemable

4-

3-10

for

from balance

Jan.

on

Taunton

6

convertible

Brown

6%

Co.

Buffalo
Buicks

2-

1-15

1-20

1

2-

B

3-17

Commonwealth

6%

2-

1

12-

2-

1

I

$$1.50

2-

25c

2-

2-15

$1
$1.50

(quar.)
Ltd.,

$1.50

(quar.)_

1st

preferred (quar.)
participating preferred

2nd

California

Electric

Calilornia

Water

Common

&

(quar.)__

2-

2

1-25

preferred

1-29

8

10-29

10-

8

Cement Co.,

Ltd., $1.30 pref.

Canada

Foils,

common-

Class. A

Canada

Ltd.,

(quar.)_.

(From

______

Power

Permanent

(quar.)

Ltd.
Corp

Railway

5%

preferred

Canadian

Canadian

Investment

Canadian
Carolina

Oil

dep.
I.)

(J.

I'/c

Co.,

5%

Deposit

7- 8

4-20

class

$1

3-19

1-28

1-20

A

Crurn

1-15

Cuban-American

$38c
$20c
75c

2-

1-15

2-

1-15

2-

1-15

1

&

7%

preferred

9

2-

1

1-

9

Daystrom,

2-

1

1-

9

Co.,

2-15

1-30

25c
$5c

1-29

12-31

(quar.)

Class

A

Central

Electric

Central

Hudson' Gas

Central-Illinois

4%

Power

&

Public

Central

&

&

preferred

Light

preferred

Central

(quar.)
Electric
(quar.)

Securities, $1.40

convertible

$1.50
Central

Co.

Gas

&

pfd.

(quar.)

1-25

12-31

$15c
$65c

1-25

3-15

1

1

$1.50

2-26

South

$32c

2-

1

1-11

Dlvco

2-

1

1-11
1- 4

1

2-15
1

1-15

8

Dominion

3-12
1-20

Dominion

2-10

1-20

Dominion

Tar

1-30

Common

gains

&

(quar. I

Corp.

(quar.)

from

sale

or

Mills

of

7

2-

1

1-11

2-

1

1-22

preferred

1

1-22

du

Drackett

4%

1-11

$4.60

1-20

Glatfelter

30c

3-

1

2-12

7c

2-

1

12-31

1-29

1-15

25c

1-25

1-11

10c

1-29

1-15

Globe-Wernlcke

50c

2-

1

1-15

2-

1

1-15

Goodyear Tire & Rubber Co.
4% preferred (quar.)

2-

1

3-

9

12-29

2-

1

Pont

de

2-15
1-29

preferred

2-25

1-29

2-25

1-29

3-

2

1-29

60c

1-30

1-18

Coffee

Duncan

1-29

class A

Eastern

1

1-15

Common

2-

1

1-15

Green Bay

1-29

1-14

Inc.—

1-20

Guardian

Mutual

2-15

1-20

Gulf Life

20c

1

1-

1

common

2-

1

divid.)

5%

5

1-22

62 '/2C

3-

5

2-

2-

1-

2

1-25

1-

9

$1.12y2

1-25

1-

9

1

3-

1

2-15

2-

1

1-15

5%

Co.

2-11

1-14

45c

2-

1

1-22

$1.75

4-

1

3-20

of America
(quar.)_

of Canada Ltd.

Common

Chase

Hosiery

(stock dividend)
Bank

National

Chesapeake
3'/2%

&

Ohio

convertible

Chicago Corp.
Cincinnati

Ekco Products Co.,

1-30

1-

75c

3-15

2-15

$1.25

3-15

2-15

—

2-

75c

common

Gas

(N.

2'/2%

Y.)

preferred

(quar.)

4%

,

!____

Cincinnati,

Co.,

■

5%

4'A%

Clayton

Cleveland,

&

common

Lambert

2-15

1-15

2-15

1-15

2-

1

1-20

Empire

1

1-20

3-

1

2-19

1-30

1-16

2-

$25c
31 Vic

1-11

2-19

$5

$50

1

3-19

2-3

25c

.

—

1

2-

3-31

56'A

2-

2-15

25c

(year-end)

1-20

2-

$15

3

2-

*

3

2-

37'/2C

—-

;

12'/ac

—

Mfg.

District

Eihsco

Erie

2-23
5-21

9-10

8-23

$1.25

3 12

2-20

$40c

2-

1

1-15

$50c

3-

1

2-

1

+50c

6-

1

5-

3

25c

2-

1

1-23

45c

3-10

2-23

$$1.25

2-15

2-

com.

(quar.)

—

Quarterly
Halle

Halliburton

5

—

Brothers,

common

Well

Oil

1-

5

1-26

Hamilton

5

1-26

Hanover

2-

1

1-15

Harnlschfeger

Corp.,

2-

1

1-15

Harris

Co.,

25c

2-

1

1-15

Harris-Seybold

1-30

1-14

(N.

(quar.)

Cementing

Ltd.,

Cotton,
Bank

(quar.)

5% pfd. (quar.)
(stock dividend)

Y.)

&

preferred

6c/e

2-15

1

5-15

Eversharp, Inc.
Fairbanks Co.,

9-

1

8-15

1

11-15

2-

1

1-18

2-

1

1-18

15c

:

St.

3-12

2-26

Falstaff

Fanner

5Y2 %

25c

—

15c

(quar.)^_

62'/2c
-

*

15c

35c

$1.50

(quar.)

(quar.)

25c

(quar.)

^

18^c

—
■

Co

;

preferred

Fate-Root-Heath

1-3C

1-13

5(V

1-30

1-13

5V2.S

65c

2-15

1-20

4-

common

1

3-

($25 par

convertible

Grain,

quar.)___

25c,

com.

(stock dividend)

preferred

(quar.i

preferred

$1.40

34'/2c
20c

(quar.)

convertible

Federal

initial

(quar.).

preferred

1-16

3- 5

Federal

Grain,

Ltd. $1.40 pref.

(quar.)_
(quar.)

pfd.

5%
Hat

Si

Electric

(J.

F.),

1-22

4-

1

3-19

$1.37'/a

2%

Co.

Ltd., class A

2-

1-15
12-31
1-20

Haydock Fund, Inc.

2-

1-20

Hayes

1420

Hayes Mfg. Corp.

1-22

22-

1

2
1

prelerred

1-28

1-14

Hercules

1

3-10

Hercules Steel

4-

2-15

2-

2-

1

2-

1

2-

|

.

2-

1

Stock

2-16

.

2-16

1

1

1-15

$12 V^c

2-

1

1-20

$1.25

4-

1

5-19

2-

1

1-13

15c

1-30

12-31

30c

1-25

12-30

15c

56'AO'

(quar.)
(quar.)

—

Inc

1-30

1-15

45c

1-30

1-13

933ic

1-30

1-13

-$1.25

2-15

(quar.

(quar.)—
5% preferred

,—_—

(quar.)

2-

1

Products Corp.
2-

35c

"

53y«c

1

1-13

preferred

Mfg. Co., Ltd.,

(quar.)—
class A;—

Holly Sugar Corp., common (quar.)
5% convertible preferred (quar.)

.

.2-15

1-23
1-15

15c

2-

1

2%.

2-

1

1-13

I2V2C

4-

1

3-15

2-

1

1-15

Co.,

common
dividend

5%- conv.

Holden

1-18

1-18

Powder,

Higbie Mfg.

1-29

2-26

2-

,

1-15

2-19
2-26

1-21

683/4c

.

(quar.)

1% preferred class A (quar.)
Hershey Chocolate Corp.
4Va%~ preferred A (quar.)

1

2-15

683ic

135c

preferred
Industries,

33W/*

1-20

2-16

2-16

40c

(quar.)

Hecht Co. common (quar.)_

2-

1

1-20

Corp of America—

4V2 %

,

1

2-26

5%

u

(quar.)__,_

2-10

62 V2C

35c

(quar.)

(quar.)

Marx

Light

preferred

2nd

5

2-15

40C

12'/*%

—

—

1-29

1

1

5'/2%

(quar.)

Co.—

Schaffner

Hartz

2-15

1-30

Farrington Manufacturing—

$5

$1.12'/2

Hartford

Ltd—

Brewing Corp., common

Mfg.

Hart,

1-18

50c

&

1-30

(quar.)__

preferred

6%

1-15

1-29

$1.25

'

< qua r.)^___.|_

preferred

$1.25

(quar.)

<quar.»^_

(quar.)

Fedders-Quigan Corp.,

Louis

_!




1-25

35c

Cleveland Electric Illuminating, com.

1

$1.06'A

(quar.)_

&

2-

$1.75

pfd.

(quar.)

preferred

1

12-

5%

•

2-15

15c

•

^

Products,

Forge & Steel Corp.,

6-

$1.25

(quar. 1

(quar.)

Heating

3-

$1.25

Corp

Electric,

(A.)

common

Stock dividend

25c

(quar.)

Manufacturing Co.

$1.25

(quar.)

$4 .50 preferred

Co.

Millwork

$1.25

(quar.)

Chicago

Mfg.

1-15
1-15
1-15

1

3-12

1

IOC

1

1-26
2-

10c

<

(quar.)

6-10

2-

of America, common(from capital gains)

1

50c

2-

Fund

Employers' Group Associates- (quar.)

5%

Pacific

Texas

preferred

Cincinnati,

preferred

8

„

Enamel

(quar.)__,

preferred

Ry., common (s-a)_
5%

1-

Emhart

7

Mutual

1-20

2-

$2

(quar.)

$1.12'/2

(quar.)

Stop Nut Co.

4 b'2

convertible
&

1

1-

25c

$2

Orleans

City Baking, 7%
City Stores Co.,

2-

1

Co.—

5% preferred (quar.)
preferred (quar.)
preferred (quar.)
preferred
(quar.)

6%

t

RR.

Ry.,
6%

20c

2-

3%

(quar.)

com.

(s-a)

New

preferred

Elastic

Empire

Electric

Inter-Terminal

preferred

1-15

87'/2c

Stock- dividend
Cincinnati

4Y2%

1- 2

2-11

Emerson

(quar.)
&

1-30

50c

(quar.)

Ry.—

1

56'Ac

Inc.

Ohio RR.

2-

common

8

$50c

(quar.t-

com.

"

Chadbourn

1

1

25c

$1.25

&

preferred

40c

(stock

1

2-

25c

Co.,

Co.

15c

Corp.

(quar.)

1-18

2-

_____

preferred

Fund,

15c

Co.

—

1-10

10c

preferred (quar.)
preferred
(quar.)——
—
Products. Ltd., $1.60 pfd. (quar.)__
Gypsum Lime <fc Alabastine of Canada, Ltd.—
Quarterly

1-15

2-

1-15

1

$1.25

1-15

1

15c

1

2-

$5

1-22

10c

(quar.)

2-

Gurney

8

1

50c

$5

Gulf Mobile

1-16

2-

8

5 %

preferred (quar.)

5%

8

1-

1-25
2-

1-

Griesedieck Western Brewery,

12-15

15c

(quar.)__

7%

Insurance

2-

1

55c

(quar.)
& Western RR., com.
(year-end)
(year-end)

1- 2

$1.12 y2

(quar.)

(s-a)

Steel

A

12-31

1-25

2-

(quar.)

1

Co.—

Stainless

Extra

Class

$5

Inc.,

Co.

2-15

140c

8

_____

(quar.)_

1-29

87'/2c

1-

Southwest—

—

Batteries,

25c

non-voting common

Edgar Brothers
1-4

2-

1

—

& Rubber

10c

(quar.)

4

2-

—

25c

1

preferred

Union

Class B

(quar.)
(quar.)_

Industries,
6c/o

Eastern

5%
Grand

Ltd.—

Co.,

1-

Grayson-Robinson Stores, Inc.—
$2.25 preferred (quar.)
Great Lakes Steamship Co.—

2-

140c

1-18

1

Ltd., class B
Corp.—
convertible preferred (accum.)

120c

-

1-15

2-15

Co.,

137 '/2c

Ltd.

1-15

1-30

Graham-Paige

1

140c

(quar.)

Metals & Supply Co.

Ducommun

2-15

1-28

2-

12-30

1-15

1-30

2-

preferred (quar.)
Grace National Bank

2-15

2-15

$25c

41/2%

Nemours

preferred

21c

25c

1-15

1

25c

_

<quar.)_u.

$4.50

1-15

2

3-

12-31

42 '/2C

Co.—

Co.,

Gould-National
1-25

12-31

62'/2C

semi-annual

preferred

$5

12-31

1

—

Republic Insurance

&

Iincreased

1-15

7 y2 %

1
1

2-

56'Ac

dividend

Goodyear Tire
t37V2C

22-

(quar.)

Tubes

Steel

Stock

...

Co.,

H.)

(P.

preferred

4V2 %

Globe

12-15

(quar.)

1-25

Globe

2-11

12-30

(quar.)

1-30

common

common

preferred

preferred

2-

5

2-15

56 Vic

(increased quar.)__

com.

10c

Co.

Paper

Co.,

Co.,

14c

2-

4
4

$$1.25

(quar.)_
Co., com

Gillette

35c

Dryden Paper Co., Ltd.

2-

Donnacona

securi¬

cash

Inc., com.

110c

7

1-

1-11

New

stock

Brothers,

(quar.)

1-

1-30

29c

_

Gimbel

35c

11-

$1.25

$5

1-11

A

1

2-1

—

the

1-27

1-

2-

common.:..:—

of

1-25

1

1-

1- 8

—

Co.

Telephone

2-15

(quar.)

Chemical

&

1-30

1-20

8

8

1

1

—

$2.20

1-

2c

Linoleum

5-10

22-

_——

1-11

(quar.)

preferred

20c

Special distribution representing net longcapital

convertible

5-25-54

87y2C

(quar.)_

preferred

$2

Grafton

Ltd.,

Oilcloth

Century Shares Trust—

payable in

Fabrics.

1

1-15

12-18

of Indiana^—

1

1$1.50

1

1

22'/2C

(quar.)

1

income

Ltd.

2-

1-25

c

preferred (quar.)

2-

117'/2c

4-

preferred

2-

(quar.)

Extra

1-14

25c

50c

quar. >

1

87 '/2c

(quar.)
—
Co. of Calif.—

General Telephone Co.

Ltd.—

(increased

8

2-

Telephone

$1.25

Ltd

Bridge Co.,

preferred

5%

(quar.)
Ltd.,

Wares.

8

(quar.)__

2-

$1

(quar.

(quar.)

1-

(interim)

1

3

$1

—

25c

pref.

A

2-

3-

$1.50

common

1

15c

Inc.

Houses,

4-

1

3-17

Inc.—

2-10

2-10

General

3-15

1-18

2-15

50c

$1

37 '/2C

class

investment

Mines,

5c

West

Century Geophysical

ties

net

Steel

1-18

Corp.—

2-

(quar.)_

Co.,

Dome

2nd

5%

1-15

(quar.)

Dodge Manufacturing Corp.

3-12

3-10

(quar.)

Corp.

Corp.,

preferred

$3.50

1

.

1-22

1-13

12-23

2-17

1-15

1-15

1-30

62 V2C

56V4C

15c

quarterly

Shoe

1-15

1

1-30

15c

:

(quar.)
Utilities

Public

Increased

3-31

(quar.)__—

1-

8

1

4-

:

com.

'

(quar.)

$1.08

(quar.)

Dividend Shares,

1-29

40c

Central Vermont Public Service Corp.

term

Co.,

preferred

$4

General

2-15

—

Construction

convertible

From

1

2-

$1.37'/2

(quar.)

preferred

$5.50

preferred
(quar.)—
Gilbert
(A. C.)
Co
:
Gilchrist Co.
(stock dividend)

(quar.)

Distillers Co., Ltd.—
American dep. rets, for ordinary

Dobbs

11-

11-15

preferred

$6

1

$2

(extra)

preferred

$1.50

12-23

1

Match

Disher Steel

3-15

24-

<&

Stamping

Diamond

12-18

1

2-

2-

General

1-30

2-15

1 'A %

(quar.)—

(extra)
Mfg. Co.

$3.50

(s-a)

12-30

1

Gasket

$1

Corp.

12-30

1-25

2-

Detroit

(Texas)—

(quar.)__

Utility

1-25

6-16

Stamping

1

$1.50

9-15

Detroit

2-

12'/2c

_

2

class

1-21

87 V2C

—

pfd. 1st series (quar.)
General Public Service-—

$1.13

Shares,

12-23

1

common-

4'/2%

2-15

1-30

$1.87V2

(accum.)

1-19

1

General

Lines

Air

Insurance

5
1

2-

Co.—

9-29

2-15

S.

&

22-

22c

Corp.—

7-

Delta-C.

30c
25c

(quar.)

Package

$1.75

2-19

1-15

$1.25

87 y2c

12-28

1-15

1-30

93 %c

(quar.)__

12-28

17'Ac
i
35c

2-

2-15

90c

50c

25c

(quar.)

75c

(quar.)

Deposited

preferred

6%

General

41/2%

1-27

1-19

1-30

55c

(quar.)

preferred

preferred (quar.)
General Outdoor Advertising

2

1-27

1-15

1-29

25s

4-

Dean

1-26

20a

62 V2

$1.75

3-20

$1.05
37'Ac

1

(quar.)

common

preferred

1-15

J_

preferred
(quar.)

Inc.

50c
■

$5

50c

$32'/2c

50c

1

Motors

General

Phipps Stores, Inc. 5'/2% pfd.
Delaware Power & Light Co. (quar.)

25c

(quar.)

common

2-

$1.25

Davenport Water 5r/c

12-31

——

preferred

$3.50

$1.75

Dayton Rubber Co., com.

3-

1-13

(quar.)

9

all'A%

1

(N. Y.)—■

$4.24 pfd.

9

2'/4-%

—

—

1-

2-

3-

Inc.—

preferred

1-21

2-

"

Inc. (quar.)
Corp.

Mills,

General

2-19

$3.75

(quar.)

1-21

1

(s-a)

Corp.,

Foods

General

1

25c

(quar.)
Inc., 3'/2%

1

2-

Corp.—

A

preferred

5%

3-

(quar.)—

preferred

2-

20c

(quar.)

Finance

General

Co.—

1-

2-

General

preferred

4V2 %

32»/2C

preferred (quar.) .—
Baking Co.
(reduced)
Co. (increased)

1-29

25c

7 %

1-15

General

2-20

$1.25

1

50c

8

31'Ac

7%

1

General Electric

(quar.)—

Cuneo Press,

5

2-

$0.2156

Industrial Securities Corp.,

1-15

$1

(quar.)

2-

_———

(quar.)—

Co.

55c

(quar.)—

1

$40c

1-

1

17'/2C

Sugar

5

2-26

common

2-16

Steel Industries

2-

4-

2-

5

8%

Forster,

Oil

Fullerton

5

preferred

2-

Gear ,& Machine—

(quar.)

62 '/2C

3-

2-

4-

2-

3-

(quar.)
Seal, Ltd.

Cork &

Crown

1-15

933/4C

—

International Corp.—

Cork

Crown

8

1-15

$1.75

(quar.)

preferred
Corp.,

(final)

25c

»

1-15

$7c

ordinary

"B"

1

1-15

Ltd.

2-

$12'Ac

(quar.)__

common,-.

preferred

Celotex

Ltd
com.

1-21

American—
receipts ordinary (interim)

Dominion

for

rets,

Caterpillar Tractor
4.20%

Fundi

Light Co.,

1-21

2

Quarterly
Courtaulds,

Ltd.

Carreras,
Case

&

(year-end)_

com.

Ltd,:

Cos.,

Power

Amer.

Ltd.,

2

2-

____

$$1.25

(quar.)__

(quar.)

Industries

2-

Quarterly

$25c

(s-a)

37 '/2C

62'/2c

'

7-31

2-

$20c
Southern

Canadian Breweries, Ltd. (interim)
Canadian Bronze Co., Ltd., com.

1-21

5-

10-

1-25
2-26

(quar.)

preferred • (quar.)—
— —
Gabriel Co.1, 5%
prelerred (quar.)
Gamble-Skogmo, Inc., common
(quar.)
5%
preferred (quar.)—.
———
Gar Wood Industries,
4'/2% pfd. (quar.t
Gardner-Denver Co., common (quar.)

1-21

2

8-16

t$1.50

Extra
Canada

2

5-15

18c

Corp.,

Mortgage

22-

$1.25

8

2-20

30c

5%

(quar.)
preferred (quar.)—
Fuller Mfg. Co. (quar.)

4%

Co.

2-20

1

a.

Motor,

Fulton

7

$1.25

Detroit

income)

investment
Northern

Canada

1-

1

37V2C

$1.25

Lines

2-20

1

$3.50

.—

$20c

i 15c

2-

Quarterly

Fund—

General

Canada

(quar.)

3-20

1

Trust

1

33-

—

$2.20

—

$lOc

Extra
Canada

1-

1

150c

(quar.)

$5c

(s-a)

1

4-

1- 8

1-29

2-

1

2-

1

Cosmopolitan Realty

8

5

2-

4-

Extra

7-

5

10c

Refining, common (quar.)

Corn Products

8

5

1-

51c

—

1-

1-

4-

Bank

3-

25c

25c

Chemical—

&

prelerred

Proedert Corp.;

1

2-

55c

•

(quar.).

Exchange

4-

7-29

Y.)

Quarterly

1-8

-

$1.13

3T%c

Packing Corp. (quar.)
Refrigerating & Terminals Co.
Campbell Red Lake Mines
Camden

-50c

-

$1.12 y2

31'Ac

(quar.)

California

-

(initial)

Common

Corn

1-12

1-29

25c
25c
30c

(quar.I—

9

common

prelerred (quar.)
Continental Transportation

12-31

1

Co.

Dallas Power & Light,

:_

1

1-

5%

Co.—

(quar..)_

preferred

$1.25

(quar.)

pfd.

$3

Telephone

(quar.)

$1 preferred
$1.20

Power,

2-

1

2-

of America—

Corp.

4-29

25c
50c
25c
$1.75

(reduced)
common

2-15

6

1-15

37 '/2C

Ltd.—
American deposit receipts 4J/2% pref. (s-»)
Franklin Life Insurance (annual)
Franklin Stores Corp. (quar.)—,
-------Ford

8

1-

—

Co.

1-

1

———

preferred

Common

(quar.)

4%" preferred

2-10
2-

(N.

Co.

Continental Copper &

7-29

Mills,

2-18

(quar.)

preferred
preferred

Container

1-21

2-25

100%
5%

Edison

Power

Consumers

i-21

2-

5c

10-29

Co., common

12-23

1-25

_________

$5 preferred (quar.)
Natural Gas

2-18

$50c

M.)

1

3

$1.37y2

——_———-

2

2-

Corp

Steel

Brothers

Foote

2-

3-

62 y2c

—

2-

25c

iquar.),.^

dividend

3%%

20c

—

(quar.)_

30c

$1.75

_____

(quar.)

Machinery

Food

35c

i—

^

B

Consolidated

$50c

(A.

12-23

47'/2C

Consolidated

common

80c

Extra

1-15

1

common

preferred

12-23

1

4%

(quar.)

Extra

1-14
3- 2

,

preferred

Stock

1-14

1-30

3-31

Inc.,

—

Corp.

5% %

income——_______

(quar.)

3-22

2-

4-

Class B

Caldwell Linen

1

2-

ConsolidatedJpearborn Corp. (quar.)—.——

Class B

7%

A

Class

1- 8

Eyers

2-

33c

preferred (quar.)
_____
$2.04 preferred (quar.)
$2.20 preferred (quar.)
—
Connohlo, Inc., 40c preferred
(quar.)
Consolidated Bakeries of Canada, Ltd._.
Consolidated Chemical Industries, Inc.—

12-31

4-

'——1

45c

i

-

$10c

1-15

1

1-30

75c

(quar.)

25c

Follansbee

1-15

1

:'

$2

7

1

& Power Co,—

$1.90 preferred

1-16

33Vb%

B

6 '/o

1-15

1

2-

J

Concord Natural Gas, 5preferred (quar.)

1-

2-

2-

•K

Connecticut Light

9

2-

$1.50

—

Fund,

Class

$1.06

(quar.)

common

9

1-

Fitzsimmons btores, Ltd., class A_
1

$1.16

5

1-29

quar.)

2-

—

5

4-29

_i_

1-20

2-15

Fluor

3-

$50c

(increased

2-15

37V2C

3-

Class

$50c

Co

1-20

(quar.)

1

4-

$50c

Mfg.

pfd.

3-20

common

Burroughs Corp.

1-20

1

1-

1-30

(from net long-term
capital gains, payable in cash or stock)—
Field (Marshall) see Marshall Field & Co.
Firth Sterling,
7% preferred (quar.)

Fund—

Stock

investment

From

1-11

2-

Class B

Butler

preferred

$50c
$50c
$50c

1

1

2-

convertible

$1.40

4-

$1.50

Extra

2-

20c

Commonwealth Gas Corp.

3-

common

1-31

50c

3-22

$1.06 V*

—

dividend

Stock

1

1-30

prior

Fidelity

25c

preferred (quar.)_—____
(quar.)——_—
—
(stock dividend)—

$1.32

2-10

25c

preference—

Co.,

1-20

$50c

A

Edison

3-

$4.52

4%

9

Electric—

Ohio

Southern

2-

$4.50

.

9

1-

150c

——_

Terminals Co., 6%

Commonwealth

4

Extra

Class

1-15

4

Class A pref.____.
Class A pref

Class

1-29

(quar.)_—

prelerred (quar.).
preferred (quar.)_r^

4.65%

1-

(stock dividendi
(stock dividend)
preferred (quar.t
Co., Ltd., class A pref. (year-end)_

Burns &

1-28

1-

Co.

Inc.,

2-15

1-20

______

1-

Corp.—

Pictures

&

4V*'/o

**

2-

common-

1-31

4-

62V2C

(quar.)
Products, Inc.—

Extra

9

$1.06y4

$4.25

Columbia

9

1-

50c

ii

preferred (quar.)
Fidelity & Deposit Co. of Maryland

3-16

1-31

——.1—.—-

Columbia

Columbus

2-

5

3-31

150c

1-30

1

3-

50c

9-30

Inc.—

Stores,

(quar.)

Fibreboard
6'/o

150c

1-12

2-

Forge Co.

Mfg.

Bullock's,

(annual)

preferred

1-15

87 V2C

common——
^

Preference

(quar.)

preferred

4'/4%

1-29

1-29

120c

1-20

1-30

,—

Department

Common

1-20

Board Co.—

Paper

Preferred

1-30
1-30

45c

Participating
Federal

1-20

19c
30c

(quar.)_

common

convertible

Federated

Colonial

50c
$3c

Co

2-11

Collyer

_______

(quar.)__

Machine

&

2-26

(quar.).

(quar.)
(Interim)

Ltd.

Castings Co.,
(quar.)

Steel

Die

1-25

12-31

3-10

Ltd.,

Terminals,

Extra

95c
37'/2c

preferred

Bucll

1-15

a

common

preferred

Mines,

Rubber

Buckeye

1-29

Co.—

Gas

preferred (quar.)
Brooklyn Union Gas Co.,
Reef

Collingwood

2-15

2-26

<quar.)__—

Colgate-Palmolive Co., common
$3.50 preferred (quar.)

1-15

2-22

approved

$3.80

5%

1-15

3-18

$62'/2c

(quar.)__

by-law
empowering the directors for one year to
issue
stock
in
payment
of dividends.
British
Celanese, Ltd. Amcr. dep. receipts
Ordinary (interim)
British Columbia Forest Products, Ltd.—
Quarterly
British Columbia Telephone Co.—
6% 2nd preferred cquar.)
____

Broulab

1

2-10

10c

—-

1-31

each ord. share outstanding

on

Co., Ltd

1

1954 in Canadian funds

Brockton

1-15

3-16

2-15

2-15

____

7,

1

2-

3-16

held)

share

A

2-

________

3c reduced

Coghlin (B. J.)

2-

1

(Pittsfield),

1-30

4c

preferred
(quar.)
$1.20 participating preferred (quar.)

of

3-31

capital gains realized in 1953)
43'Ac
Bon Ami Co., class A (quar.»__
50c
Booth Fisheries Corp., common
(quar.25c
4%
preferred (quar.t__.-_
$1
Borg-Waratr Corp.,
common
(quar.)
$1
3'/2%
iquar.i
_____
87'/2c
preferred
Boston
Edison Co.
(quar.)__
70c
Bov.er Roller Bearing
Co. (quar.)_________
50c
JBrach
<E. J.t
& Sorts
(quar.i.
75c
Brazilian Traction Light & Power com stock
dividend (l-20th of an ordinary share and
Jan.

2-15

4-

4-1

(quar.)
class A (stock
non-assessable
shares
(20c par)

shares

preference

class

3-15

7%

Loan

Federal

2-16

Hardware,

(Two

each

1-21

1

10c

Products Co.

Aluminum

Cochrane-Duniop
dividend)

1

3-

Sl.l2'/2

—

iquar.i

Insulated Wire———.
—
Fund, Inc. (quar.)—___,——_—
Columbia Gas System Inc., (quar.)__———

net

^Stockholders

Club

9

(lie from net

investment income and 3 2'Ac
ol

2-

preferred

50c
20c

(quar.)___

Co.

4'/2%

2-

Payable of Rec.

Share

of Company

Holden

When

Per
Name

10c

—

——

25c

-

<quar.)__

Bliss & Laughlin, Inc.
Bloch
Bros.
Tobacco

Blue

—__________

stock' dividend

Co.,

Electric

Common

1

10c
20c
50c
5%,
15c

—,

(quar.)

1

2-

50c
$1.25

,

:i

—

(quar.)

(quar.)

Mfg.

Birtman

Bliss

(s-a)________-

!

Extra

Benetlcial

Binks

—

2-

3-

___■'

When

Payable of Rec.

10c

(monthly)

common

(monthly)

3-

$$1.50
$25c
$35c
$5c

(quar.)

Quebec Mines Ltd.

Inc.,

(monthly)

45c

—

common

L—

(quar.)

prelerred

Belleterre

Foods,

$75c

——

Beaver

Clinton

1

10c

(quar.)—.___—_.

Corp.

2-

J 75c

;
———

——

Extra

2-19

Company

Common

(quar.)

B

Baystate

toe

—

Name of

Monday, January 25, 1954

...

Holders

Per

Share

Holders

Payable of Rec.

Co., Ltd.—

Bathurst Power & Paper
Class

and Financial Chronicle

The Commercial

<438)

.

+

15c

25c

2-

1

1-

7

37'Ac

2-

1

1-

7

Volume 179

Number 5293

The Commercial and Financial Chronicle

...

(*39)
Per

Name of

Holt,

&

Insurance

Horder's,
Hormel

6%
Horn

&

Co.

Lighting
Press

4%

Co.

Brick

Co

Tobacco

preferred

Institutional

realized

2-

1

1-21

Melville

2-

1

1-15

4%%

2-

1

$1.40

1

1-11

583Ac

2-

1

1-11

Mid-Continent Petroleum Corp.

55'Ac

2-

1

1-11

53'Ac

2-

1

1-11

Mid-West Abrasive

51c

2-

1

1-11

Midwest

$25c

Ltd.,

(18c

14c from

North

from

security profs.)
(quar.)

(from

capital

(extra)

Co.

(quar.)

Canada,

Corp.,

Securities,
Gas

6-

1

Mississippi Power

conv.

Inc.,

(s-a)_

(quar.)—

(quar.)

.

2-

4

1

2-10

5'/2%

1

1-15

5-

1

2-26

4-

3-12

1

2-

13%c

1-15

4-

62 Vic

1

1-

1

1-15

1

2-25

$1.25

3-

2-

1

1-11
1-15

2-

1

1-18

$1

2-

1

2-

1

$1

2-

1

2-

15c

1-29

2-26

(quar.)

95c

Chemical

62Vic

3-

1
1

2-12

Kalamazoo Vegetable Parchment Co.

(quar.)

(6c

from

gainst
Knudsen Creamery (Calif.),
Kresge

<S.

S.)

Inc.

Co.

Kroger Company,
1st

National

LaCrosse

preferred

$1.16
$1.16

preferred

$1.16

preferred

Lafayette

Class

—

2,

Salt

&

4-15

Northeastern

1-15

Northern

6'Ac

5-

4-15

$1.50

10c

2-10

1-29

Northern

Pacific

1-30

1-11

Northern

RR.

29c

1-31

1-21

29c

4-30

4-21

Class E

pfd.

(quar.).

preferred

iR.

(quar.)
—_—

—

Coal

Lorain

Telephone

Dock

&

5%

preferred
Steel

&

r.

(quar.)—

St.

pfd. (quar.)

Louis

Ry.

4%

4'A%

H.)

2-15

12-31

3-

3

3-

1

y2-i5

87'/2C

3-

1

y2-i5

Power

Marshall

—

5%

&

Co.

—

preferred

4-

1

3-2Q

Pacific

2-

1

1-15

Pacific

$1.25

2-

1

1-11

Pacific

Lighting

Pacific

1-20

$1

2-

1

1-

6

$1.06'A

2-

1

1-

(resumed)—

1-30

1-14

payable

2-

30c

2-

1

1-12

1

1-20

1-31

1-15

in

American

Park

25c,

1-30

1-22

5

or

2-19

1-

$15c

3-15

2-19

Material

Service

Mathieson
4.25%

4.25%

Corp.—.

Chemical

preferred

preferred

Maytag Co.,

S3

Corp.,

1-29

Class

1-29

15c

on

3-10

12-30

S3

Peerless

of

class

A

(quar.)

Co.

Traffic

(quar.)-

preferred (quar.)




4.25%

:

Peoples

National

5

Perkins

Gear

$1.06'A

6-

1

75c

2-

1

y5- 7
1-15

Permanente

Extra

&

1

1-30

1-15

12-31

1-25

1-11

12'Ac

2-

1

1-22

60c

3-

5

2-15

60c

preferred

3-

5

2-15

50c

2-

1

1-15

35c

(quar.)

quar.)

common

1-25

1

(quar.)

3-18

4-

1

3-15

preferred

(quar.)

$1.75

7-

1

6-15

7%

1st

1

1-15

7%

2nd

preferred

1

1-11

(quar.)

$1.75

7-

7%

1

1st

6-13

preferred

(quar.)

$1.75

10-

7%

1

2nd

9-15

preferred

(quar.)

$1.75

10-

1

9-15
1-15

$l'.183A

2-

1

1-15

2-15

2-

1

2-15

2-

1

2-

2

1-

2

2-

1

1-16

1-30

1-18

3-

2-

3

8

67'/2c

2-

1

1-22

5c

2-

1

1-20

47'/2c

2-15

1-19

4-

3-

1

5

$1.12Va

4-

1

3-

5

4-

1

3-

5

5%

4-12

Rich's,

Inc,

33A %

2-10

25c

3-10

25c

2-15
2-

1

2-

1

1-26

1-14
2 19
2-

8

Cexxxent

1

1-15
1-15

2-

1

2-

1

1-29

1-14
1-14

1-

8

1-16
1-16

12-18

2-

1

1-21

12-28

1-26

1-

4

25c

1-26

1-

4

1-27

1-21

$1.25

2-

1

1-15

31 'Ac

(quar.)

2-

1

1-15

2-15

1-25

34%c

2-15

1-25

(quar.)—31'Ac
A (quar.)—

(quar.)—

2-15

1-25

31'Ac
31'Ac

2-15

1-25

2-15

1-25

30c

2-15

1-25

4-

3-19

10

&

Dutch

Russ

25c

(extra)

___

Stores,
Co.

San

Antonio

Transit

&

Class

Ltd,

5'/2%

preferred

Inc.

(quar.)

1-29
1-

4

Dillon

Mfg.

(quar.)

—

1-11

25c

(quar.)

2-11

3-12

2-26

3-12

2-26

$75c

2-15

1-15

2-

1-

4

1-25

1-

9

3-

1

2-15

$$1.50
20c

1

Co.

Brooklyn
(quar.)
(quar.)

(quar.)

2-

1

1-15

40c

2-

1

1-12

50c

2-

preferred

1-20

1-20

preferred

(quar.)

1-20

5-

1

4-20

8-

2

7-20

2-

1

1-19

2-

1

1-19

2-15

1-25

8

at

Co.,
issue

91'Ac

$1.72 convertible
called

$32.75

Co.

per

of

1

2-11

3-

1

2-11

2-

8

40c

2-

1

pre-

for

redemption
share plus this

dividend)

Ins.

3-

$1.07'A

14c

(entire

Feb.

1

85c

(quar.)

4.30%

New

Haven

(quar.)

1-18

Shawinigan Water & Power Co.—
Common

(quar.)
Corp. of

$30c

Common
.

(increased

Pacific

6%

5%

class

Power,

common

preferred

(quar.)
Mines, Ltd. (Quebec)
Simms
(T. S.), $1 preferred
Oil

Oil

Slater

(N.)

(quar.)

Ltd
Corp.

(quar.)
90c

2-

1

2-

1

1-15

1-27

12-28

8

1-15

2-

1

1-15

3-15

2-15

40c

3-

5

1-26

2-

1

1-

9

50c

2-

2

1-

4

Ltd.—
$25c

1-29

12-31

12-31

$50c

preferred

(S.

Southern California

1-15

$45c

Co,

Fund

1

65c

(quar.)

Paper Mills,
(quar.)

Southeastern

1-15

2-

25c

Corp.
(quar.)
(increased quar.)

Co,

1-

1

$20c

Co.

O.)

1- 8

1

2-

50c

A

1

2-

$1.50

(quar.)

2-

$6c

preferred

Sigma

Sinclair

1-12

$25c

Ltd,

participating

Sierra

1

$25c

Extra

24c

1-18

2-

$35c

quarterly)

2-25

15c

Sheraton
America (quar.)
Sherwin-Williarns Co. of Canada, Ltd.—

Edison

1-30

1-25

1-11

Co.—

(quar.)
preferred (quar.)

preferred

2-15

2'Ac

—

1-29

22'Ac

(quar.)

C.)

4.48%

50c

1-31

1- 8

28c

1-31

1- 5

28y2C

1-31

1- 5(

37'Ac

(quar.)

2-

1-15

Southern California Petroleum—

6%

preferred

Southern

Southern

4.80%

(quar.)

Canada

Power

Co.

$45c

Gas

preferred
Gas

Southwestern

2-15

1-20

20c
&

3-

6

2-

$1.20

2-

1

1-15

1

Electric—

(quar,)

Producing

Drug,

1

Ltd.—

(quar.)

Indiana

Southwest

Co,

(quar.)

Co.

common

(stock

div.)_

4%

2-19

2-

30c

(quar.)

2-15

1-30

8

Special Investments & Securities, Inc.—
Common

(quar.)

convertible

Southwestern

—

preferred

5c

—

(quar.)

'

2-

1

1-15

56'Ac

2-

1

1-15

Public Service Co.—

3.70%

preferred

(quar.)_

92&c

2-

1

1-20

3.90%

preferred

(quar.)_

97»Ac
$1.03%

2-

1

1-20

2-

1

1-20

4.15%
1

2-10
2-

30c

,

(quar.)

3.65%

4'/2 %

$1.06
$1.06'A

1.

1-15

1-16

Co.—

Seaboard Finance

Southern
24c

5-

1
1

$1

(quar.)
preferred
(quar.)

Common

2-15

1

2-

50c

| $4 preferred

Security

1

2-

2-

27'Ac

feri'ed

5-15

9

2-

12-31

$20c

27y2c

Aircraft

1-29

2-15

3- 5
1-

Co.

4.56%

(quar.)

14c

(quar.)

preferred

35c

1-25

(quar.)

$2

7'/2c

1

50c

A

Common

1-15

4-

2-15

A

1-15

1-31

4

1-25

preferred
Scott Paper Co.—

2-

32c

2-

$1

A

(Howard)

1-11

1-20

preferred

1-15

2-11

1

27'Ac

1-25

Transport Co.—

1-20

2-

(quar.)

$2.35

1-18

1

A

(A.

1-11

1-18

2-

$1.50

(quar.)

class

Schenley Industries
Schwltzer-Cummins

Smith

1-25

1-15,

1-25

$10c

Smith

1-25

1-15

1

14c

Co,

1-20

25c

2-15

2-

$$1.06

B

1-21

1

2-15

1
1

4%

Quarterly
Scarfe

1

10%

(quar.)

(interim)

6% pfd. (accum.)
Whitehall RR.
(quar.)
Lawrence Corp.
(quar.)

2-15

32'/2c

1

32-

15c

common

&

2-

50c

3-

15C

Building Co,

$1.25

(quar.)

2-15

25c

Petroleum

Solar

pfd.

1-22
1-15

1

$1.183A

(quar.)

Typewriter Co, Inc.—
4'/2 %
preferred
(quar.)

Skelly
1

1-30

1-25

3-

$1.16

com.

B

Shirriff's,
37'/2c

56c

Royal

on

5c

56'Ac

15c

5,

St.

1-29

1-29

$1.02'A

Aircraft Corp

1-20

1-30

1-15

2-15

$1

4% preferred (quar.)
Rockland Light & Power Co,
4.65% preferred (quar.)

Class

1-25

50c

(accum.)

Mills, 4.50% preferred (quar.)
Rochester Gas & Electric Corp, com.
(quar.)
4.10% preferred (quar.)
4.75% preferred (quar.)

Rohr

1-25

Co.—

$1.25 partic. class A

Rutland

4

30c

933Ac

(quar.)

Robbins

1-20

1-

common

preferred

Riverside

2-11

$1

Co.

2-

2-

$1.75

2-15

(quar.)

Machine

50c

1-15

1

2-15

(resumed)

Cenxent

35c

10%

2-

50c

—

common

of

1-15

2-

A.)

Bank

1-20
1-15

1

$25c

(quar.)

1

2-

1
1

2- 1

4-

$$1.75

—

preferred

3-

2-

2-

$25c

$1.75

—

—

(quar.)

1

50c

$10c

(quar.)
(quar.)

Ltd.—

Co

3-15

1-20

preferred

Co.—

preferred

1-15

1

preferred

4

4.24%

1

2-

1st

$2,25

common

1-30

2-

25c

2nd

$10c

Special
Ltd,

2-15

$1.25

7%

(extra)—

Co.—

preferred

25c

1-20

7%

2%

(quar.)_

Corp.

1-14

2-26

25c

Cement

2-11

2-16

$3.40

&

1-20

Tobacco—

(increased

Inc,

3-18

1

3

2-

$1.12'A

securities)

3-

50c

B

1

2-

3-15

(The) Corp. (from net realized gains

sale

5%

J.)

4-

3-

(quar.)

(increased quar.)

Rice-Stlx,

2-

'

(C.

Corp,

(R.

1- a

1

1-15

.

Co.

$1.06'A

(quar.)

common

(quar.)

Reynolds

1-25

1-25

(quar.)

class B

Reliable

Resistoflex

1- 5

50c
;

preferred

1-25

1-25

1

75c

(quar.)_

Co,

1

87'Ac

Fire Insurance
(Ohio)
(quar.)
Reliance Electric &
Engineering Co
Remington Corp. (stock dividend)
Republic Supply Co. of California
(quar.)

3-

Pennsylvania Power Co.—

(quar.)

(C. A.)

1

2-

37'Ac

preferred A (quar.)
Reitman's (Canada) Ltd, common
5% preferred (quar.)

Scovill

Petroleum

&

(quar.)

$2

2-15

1

(quar.)

Co.

preferred

(quar.i

Owl Stores

Common

Penn

24c

Massey-Harris-Ferguson Ltd.

Co.

Scotten

Light, 5%

shares

Davis

Randall

1st

1-25

2-

25c

common

2-

20c

America,

1-18

1-15

$15c

$20c

of

1-25

2-25

$20c

(quar.)_

__1

convertible

2-15

2-

—

Oil

12c

$30c

Extra

$3.50

1-15

Service,

Chemical

Parke,

6%

from the

shares

4-

5%

Year-end

Pantepec

Penman's,

(special)—

cash

4-15

6

J$1.25

50c

Trust

15c

$1

Co.

Inc

B

Corp.

1-15

dividend

Pan

1-15
1-25

1-15

25c

—

class A

preferred

Packard-Bell

1-31

2-15

Vegetable Oil Corp.—

Stock

1-29

1-29

Class

1

Corp

&

Public

1st

Fund,

Participating

1-30

Inc.,

Electric

Power

2-15

1-25

4%

1-14

dividend)—

preferred

2-15

2-15

1-20
1-15

1-15

dividend

$1.30
1

1

1

1-15

—

Stock

2-15

2-

redeemable first preferred
Intermountain Express—

Pacific

62'/2c

2-

22-

1

(quar.)

first preferred

2-15

25c

56'Ac

1

(year-end)

first

1

1-29

first preferred

-

1-15

1-30

preferred (quar.)__
preferred (quar.)

5%

3-

1-29

Finance, 5% pfd.
preferred (quar.)

4.80%

$1.12'/2

2-15

redeemable

1-15

2-10

2-10

1-31

2-

Co,

&

(quar.)

preferred

Puritan

Quebec Power Co. (quar.)
Quinte Milk Products, Ltd., class A

2-15

Co.

$1.25

1-14
2-15

59%c

Outlet

15%

(quar.)

2-15

61'/2c

redeemable

1-19

2-28

1-22

1

Reece Corp, 5%

2-28

2-15

1

Reed

8

65c

1-12

1

Red

8

12-10

3-

8

1-

2-23

an¬

19)

com.

1-

1-

1-14

$1

2-

(quar.)

Products Co,

the

Jan.

Colorado,

1-29

50c

(Ohio),

Pacific Gas

at

on

on

Raymond Concrete Pile Co. (quar.)
Reading Co, common (quar.)

1

1
1

3-

5 '/2 %

Debenture

-

voted

2

2-

2-

2-

40c

5'/2 %

5%

56'Ac

(quar.)

Investors

securities

of

(quar.)_

(quar.)

net long-term capital gains

sale

Extra

be

of

1-

2<-l

1-12

2-

$$1

$1.06'A

1-14

Pacific

Parker

com.

&

Co.

1-30

5c

1

90c

$1.17'/2

I-

(quar.)

1-29

5%

1

1-13

(quar.)IILI

1

preferred

1-20

1-15

1

1

1-15

4'A%

1-30

2-15

2-

2-

6

1

$1.05

2-24
1-

2-

(quar.)

2-15

1

2-

1-27

4-

1-11

preferred

30c

1

IOC

1

2-

(quar.)

2-

4

3-

To

meeting to be held

Service

37'/2c

Co.

3-

1-19

1-15

25c

5'/2 %

12-

1

$1.50

.

American

Shovel Co.,

Field

Massachusetts

Loan

Elevator

-6%

8

2-

2- 4

1-26

4.20%

1-15

25c

Osgood Co.
Otis

2-18

1

1-15

1

20c

(quar.)
preferred
(quar.)__

2-18

2-

1

(quar.)—

common—

Common

7%

3-10

2-

2

25c

preferred

(stock

Ontario Steel

3-10

15c

(P. R.) & Co.—
convertible preferred

4'/2%

3

7'/2c

(quar.)

A

Drug Stores,

Mallory

2-

1-15
3-

1

4-15

Comptroller of the
Currency and of

stockholders.
nual

(quar.)

Filters,

Ltd.

Ontario

1-30

1

(quar.)—

A

B

Oneida,

& Co.—

preferred

Mading

From

United

22'/2c

——

preferred B (quar.)

Marion

(quar.)
Corp., 4'A%

Oliver

3-15

1-22

2-

37'/2c

Okonite Co.
Oliver

60c

2-

3-12

20c

(quar.)

Gas,

1-15

2

(s-a)—

(quar.)

(quar.)

class

Electric

1-15

$2

Lynchburg Gas Co. (quar.)
& Bloedel, Ltd., class B
(R.

&

1-15

1-18

(Hartford)

(quar.)

1-30

25c

MacMillan

Macy

Co.

Co.

1-30

2-

1

2-

10c

Shoe

Leather

1-30

1

1-

Extra

$15c

2

2-

1-22

$1.10

25c

—

A

3-

1

1-11

3-

$40c

Prxce National Corp, $1 conv.
class A (init.)
Procter & Gamble Co.
(quar.)
Public National Bank & Trust
Co. (N. Y.)—
Stock dividend
(subject to the approval of

Royal

Hampshire

A

2-

2-

1-27

50c

(s-a)„

Public

1-20

12-22

25c

>

Rose's

(initial)

(quar.)

(quar.)_

preferred

30c

12-21

10c

preferred

$1.12Vi

ordinary

Co

Engineering,

4.34%

5

1-30

Ltd.—

common

New

4.92%

Co.—

(quar.)

(quar.)

of

1

1-15

50c

1

2-19

30c

I__

(quar.)

(quar.)
Potomac Edison
Co, 3.60% pfd.
4.70% preferred B (quar.)__
Price Bros. & Co,
Ltd, com.

the

2-

$1

Co, commorx
Pneumatic Scale, Ltd.

■-1-29

1-20

$1.25

(quar.)

Pittston

1-29

2-15

75c

2-

1-

—

Ry

1-15

1

2-15

37'/2c

$1.12'/2

preferred

1

50c

Corp.

convertible

Nunn-Busli

35c

preferred

Oil

Corp,

1

1-25

1-22

Co.—

Insurance

Illinois

3-

25c

"A

Extra

Macco

Texas

2-

2-

1-18

2-10

933Ac

—.

preferred

Natural

5%

(s-a)

Co.

Central

Ry.

Gas

15c

Co.

Henderson

(quar.)

coixi.

10c

(quar.)

(quar.)
Louisiana Power & Light, 4.96%

—

11'Ac

(quar.)

dividend)

—•

Lorain

North

50c

(quar.)

Co.

Western

&

Oklahoma

96'Ac

1-30

30c

40c

(increased s-a)

Gas,

receipts

Oklahoma

y35c

—

,

Lighting

dep.

adjustment

$1.10

common

(stock

Theatres

American

1-29

3-15

$1.06'A

933Ac

(quar.)

(quar.)

Products,

12-22

tl5c
——

(quar.)

HtXtiR

Island

—

(quar.)

original

I.)

Metal

1

40c

<quar.)

Boston

Louisville,

(quar.)—

-

Aircraft

Ferrous

2-

1

1-14

21c

pfd.

(quar.)

$30c

common—

1-28

60c

(quar.)___

$20c

Ltd.

50c

$10c

preferred

$8c

2-15

1-29

37'/2c

Ltd.__

Co.

56'Ac

(quar.)

(quar.)

Finance

(quar.)_

(quar.)

(quar.)

tl5c

(quar.)

pfd.

preferred

Class

Ltd

Preferred

Non

Ohio

10c

RR.,

$4.50
4'/2%

7-21

10-21

4-

guaranteed

Lockheed

5%

7-31

10-31

$1
——

Corp., common
preferred (quar.)

Lukens

29c

in

—

Co.

(quar.)

Extra

29c

Cement

43A%

State Electric &

2-

Brooklyn

2-15

1

55c

Y.)

certificates

preferred

5-

—_

Sons, 3.85%

Co.

York

33A%

1-15

.

1

2-

$1.50

—

(quar.)

Northwest

of

Corp., 4Vi%

Miami

Long

New

(quar.)

33A%

Brake

6'Ac

Carbonic

Loew's

6

Air

2-

Co.

Co.

Special
Local

1-

1954

Bros.,

Link-Belt

3'/2%

1

Ltd.—

Lerner Storr-s

Liquid

2-

York

$1.75

—

2-11

$1.05

New York Fire Insurance Co,
Y. Merchandise Co.

4%

——

2-15

3-

1-18
1-20

a7y2 %

(quar.):

40c

pfd. series B

N.

dividend), l'/s pfd. shares
held, to be redeemed on

(James)

Little

8

share

Lehigh Portland

Lewis

New

1-

3-15

Jones,

Leece-Neville

Leslie

2-11

1

4-

(stock

each

April
Lees

6

2-

Inc.—

Bank

(quar.)_

(quar.)

common

Fundj,

Norfolk

&

for

3-

England

1-29

A

Class

New

3-

redeemable preferred

Lawson

1-11

20c

Acceptance Corp.

B

1

$1.75

N.
Y.
(s-a>
Lamaque Gold Mines, Ltd.
Lane Bryant. Inc., 4Vi%
pfd.
Laura Secord Candy Shops

-$1.20

2-

45c

(quar.)

3-12

MB

1
1

Ltd.—

Pittsburgh Railways Co. (year-end)—
Pittsbury Mills, Inc., common

12c

(N.

Co,

$1.50

(quar.)
(quar.)

Corp.

(quar.)

(J. J.)

2-16

(quar.)

National

Laurentide

Newberry

3-10

—

2-15

1

22-

20c

;

preferred

2-

20c

perferred (quar.)
Plnchin, Johnson &
Associates,
Interim

Common

Mfg.

Mines,

50c

(quar.;_
(quar.)——

preferred

preferred

1-15

——

Lakeside Laboratories,
$1.16

$2.40

New Dickinson

1-31

(quar.)„

Telephone

Stores

&

Co,

20c

(quar.)

Inc.

Meter

2-15

(quar.)

3-12

$20c

(quar.)

Bank

2-25

I-

Apparel,

City

Neptune

3-

3

1-15

2c

Ltd

common

Chemical

15c

quar.)

1

$1
97'Ac

Extra

13c

Co,
preferred

1-31

(increased

2-

56'Ac

scries

Tea

2-20

Additional

L'Aiglon

(quar.),

series

National

8c

-

Kropp Forge Co

■"

Stock

Stock

pfd. (quar.)

60c

common

preferred
2nd preferred

Mills,

Department

Preferred

3-10

and

(quar.)

preferred

Rice

———

(quar.)

2nd

7%

income

capital

1-15

lc

Royal

National

$1

•Knapp-Monarch Co.

1-20

1

National Securities Series—

40c

(quar.)

1

2-

Ltd.—

12'/2c

Munising Paper Co, 5%
1st pfd.
(quar.)
Narrangansett Electric, 4'A% pfd. (quar.)_
Straus-Duparquet, Inc. (stock divid.)
National Airlines, Inc. (quar.)

7Vic

preferred

1-22

2-

40c

Nathan

25c

1

(quar.)

Extra
Mount

75c

Keyes Fibre Co., class A (quar.)
Keystone Steel & Wire Co. (quar.)_;
Kimberly-Clark Corp.—

-

Mount Diablo Co.

2-12

3-

1

12'/2c

34%c

(quar.)
(quar.)__

National

46%c

2-

Co,

5%

Radio

Philip Morris.
of America, com.

National Lead Co, 6%
Neisner Brothers,
Inc.,

(initial)

2-19

see

preferred

2-15

(quar.)

Kobacker Stores.

(Philip)

$2.25

2-15

preferred

(quar.)_,_

^

1

preferred

1

$1.20

& Co

1

2nd

Fund

(John)

3-

2-11

3-

&

15c

3-

2-27

1-22

$1.50

2-15

32Vic

1

45c

(quar.)

1

Corp.—

2-

$1.12'/2

common

3-

5%

from

Co.,

$1

(quar.)

pfd.

quar.)

(quar.)

$1.12'A

(quar.)

2

2

$1.50

Co, (increased

(quar.)

4.20%

(quar.)

Knickerbocker

Power

preferred

Morris

1-15

3-10

4% preferred
(quar.)
3.90% preferred (quar.)
Phillips-Jones Corp, common

1

2-

2-

Morris

4'A%

(quar.)

Morris Plan Corp.
,

1

62Vic

2-

1

1

Society—

preferred

Common

5

2-15

93%c

(quar.)—

3-25

1-29
2-

20c

15c

Testers. Inc. (quar.)
Joy Manufacturing Co. (quar.)
Kansas City Power & Light Co.-r-

t

$6

1

33-

Moore-Handley Hardware Co., Inc.—

1-15

1-15

1

$1

(quar.)

1

1-29
2-

50c

Johnson

convertible

Loan

Montana

4-14

3-12

50c

3-

40c

(quar.)___

Sex-vice

preferred

Monroe

1-

15c

15c

-

Johnson & Johnson, 2nd
preferred
4% preferred, series C (quar.)

&

3-

1

1-8

Philip

Light Co.—

Power, 4.40%
preferred (quar.)

4.80%

$1.09

preferred

,

preferred

preferred

4.50%

Morrell

.

preferred

1st

&

Monongahela

Co.—

'Jersey Central Power & Light—
4% preferred (quar.)
.Jervis Corp. (quar.)
Jewel Tea Co., 3%% preferred

Aluminum

$6

I- a

preferred

1-11

10c

(quar.)

(quar.)

1-20

50c

common

(quar.)

1

2-

"

preferred

Co., 5% preferred (accum.)—
Knitting Mills, common (quax\)_—
preferred A (quar.)——
'

preferred

2-

35c

(quar.)

preferred

Common

1

35c

(F. L.)

4 'A %

7-

t$1.75

common

Jantzcn

3.89%

1

4

1

2- 1

$1.37'/2

(quar.)

2-

$1.12'/a

(quar.)_

Electric

&

55c

Heintz,

4%

preferred

3

Ltd.—
—.——

preferred

1st

$1,59 convertible 2nd preferred (quar.)___
Minnesota & Ontario Paper (quar.)

1-15

1- 8

2-

$1.10

50c

„

3-

1-

1

$1.07^

(quar.)

10c

(quar.);

Petroleum

Missouri Public

preferred

of

States

Co.

Minute Maid Corp., common
$1.60 prior preference

1-29

2-

preferred

75c

(quar.)

Co

1-11

1-28

(quar.)
(quar.)

95c

preferred

4.40%

$1.22'/2

2-11

$25c

4.30%

25c

$5.50

4

8

1-30

$4

Corp.,
Miller & Rhoads, Inc. 4'A%
pfd. (quar.)_—
Minneapolis Gas Co. (increased quar.)
Minneapolis-Moline Co.—

1-15

Corp.

(quar.)

preferred

4%

1-

1

1-

1

$1.10

$3

—

preferred
(quar.)
Inter-Ocean Reinsurance Co

&

1

2-

—^—

$1.50

(increased)

Ltd.

Utilities

Ironrite, Inc..

2-

2'A %

convertible

$4.36

32c

62'Ac

1

2-26

Co.

2-

Co.—

Extra

gains
24c

Co.,

12-31

or¬

America

Corp., 4'A%

Iowa-Illinois

2- il

(year-end)—

Fund

3.80%

2-

$25c

Philadelphia Electric

$2.50

Insurance—

Meyercord Co.

Middle

Holier*

1-15

Corp.—

2-

Canada, Ltd/—

When

Payable of Rec.

1

30c

Scott

55c

Nickel

.'Inter-Ocean

i

&

(quar.)
Michigan Gas & Electric
4.40% preferred
(quar.)
4.90% preferred (quar.)

$1.40

7%

Manufacturers

1-15

of

Share

2-

$1.183A

semi-annual

Piping

f

1-15

45c

,,

1-15

Machines

preferred

6%

(quar.)

1-15

(quar.)

Company

1

45c

(quar.)_.

common

1

(quar.)

Baking

International

2c

&

Per

Name of

2-

$1.06'A

1

dividend

International

*

Corp.,
preferred A

Increased

12-31

Payable of Rec.

$50c

(quar.)

(quar.)

Shoe

Merchants

1953

Interchemical

4%

preferred

1

Co.

of

Business

Stock

■

Porcupine Mines, Ltd.
Corp., common (quar.)

'A %

2-

Investors

in

Inter-City

4%

4

2-

Co., common
preferred
(s-a)——;

Kaiser

Mead

1-15

Merrit-Chapman
.

Ingersoll-Rand

*

1-12

1

2-

v

5%

1

2-

$1

Growth

Co.

Incorporated

v,

Mclntyre

2-

$25c

(quar.)

dinary inc. and
Insurance

Jacobs

1-30

51

Holders

$15c
30c

15c

Securities,

Institutional

v.

(quar.)

(quar.)

preferred
preferred

Imperial

Jack

2-15

$1

(quar.)

(quar.)

common

preferred

4.26%

4.08%

.

Corp.

McColl-Frontenac Oil Co., Ltd., com.
(quar.)
& Co., 5%
preferred (s-a)„,.,„

McCormick

(quar,)___

Co.,
preferred

4.42%

.

4

(vixen

J 15c

(quar.)

Power

4.70%

7%

1-30

Share

60c pref. class A (quar.)

35c

"Illinois

Int'l

1-

1-15

30c

pfd.

(quar.)
Co.
(quar.)

Brick

6%

1
1

2-15

25c

(quar.)
$4

Extra

4%

McCall

2-

2-

15c

Y.)

preferred

Illinois

c?

1-15

62'Ac

Hydro-Electric Securities Corp.
5% pref. B (s-a)
Hygrade Focd Products Corp.—
-

1

50c

Power,

Refrigerator

Hydraulic

2-

$1.50

(N.

&

Name of Company

McCabe Grain, Ltd.,
Class B (quar.)

25c

(quar.)—

common

(quar.)

Hardart

Houston

(quar.)

& Co.,

preferred

Per

Payable of Rec.

$$2.50

(qu&r.j

A.)

Holders

Ltd.—

(initial s-a)

Co.

Inc.

(Geo.

Hussmann

Share

Co.,

1st preferred

Home

-

Company

Renfrew

$1

When

preferred

(quar.)

4.25%

preferred

(quar.)

$1.06'A

2-

1

1-20

preferred
preferred

(quar.)

$1.10

2-

1

1-20

(quar.)

$1.15

2-

1

1-20

35c

1-31

1-15

4.40%

15c

L-31

1-15

4.60%

€2

The Commercial and Financial Chronicle.;.. Monday,

(440)

•

J

-

•

*

Per

Name of Company

Cpenccr Kellogg
fSpokane

Share

__■

—

Additional

_

Ctandard

Dredging,

Standard

Fuel

Standard

Standard

Silica

Co.

Class

Steel

Ltd.,

Brock,
B

class

A

(quar.)

(quar.)

Co.

of

Ltd.

Canada,

(quar.)

Extra

———v

Sterchi

Brothers

Reduced

Sterling
Stern

Stores,

12-10

11-30
2-17

White

Motor

1

1-15

White

Sewing

1-29

2-15

2-

$2 prior pref.
Wilcox Oil Co.

2-15

2- 5

1-29

1-15

2-

1

1-9

.

I30c

5

Wilson

Winn

2-

1

1-

9

2-

1

1-

7

2-

1

1- 7

3-11

2-25

—

25c

2-

4

56c

4-

1

6%

(John

Stevens

(J.

B.)

P.)

Co.

&

Stewart-Warner

(quar.)————

(quar.)

Corp.

(extra)
Inc.—

"Utokely-Van Camp,
Common

pfd.

—.—

Wood

Suburban

preferred

Corp.,

(quar.)

Oil

Co., 4(/2% preferred A (quar.)——
Sunbeam Corp.
(stock dividend
Sunray Oil Corp., common (quar.)_
4V*Vc

preferred

5%%

convertible

A

(quar.)
2nd

preferred

(quar.)_

Superior Steel Corp. (quar.).
Tampa Electric Co., common (quar.)
4.32% preferred A (quar.)——
Tech

—

——11

Hughes Gold

Mines, Ltd
Television-Electronics Fund (stock
additional

One

effect

Tennessee

2-1

1-22

3-

2-13

share

Common

each

for

Stock

W.)

6-17

6%

1-30

1-22
1-20

65c
$1.12Vi
10%
30c
26,^c
27Vic
25c
70c
$1.03

2-

1

1-15

2-

1

t5c

2-

1-29

Ltd.,

common

(quar.)

Industries

•Transfer

tPayable In U. S. Funds, less 15%

3-

1

2-

2-

5

1-22

books

&

Less

British

Less

1

x

1

j Corrected

Previous

Income

$4.84

40c

2-11

2%

2-11

2-

3-15

preferred

Thalhimer
3.65%

preferred

Thatcher Glass
$2.40

conv.

Thompson
Thermoid
Title

(quar.)

(H.

(quar.)

1
1

1- 8

1

1- 8

$1.21
15c

2-

1

1- 8

1-30

1-20

1-30

$2.50 preferred

Insurance

&

Trust

60c

;

Co

10c

(quar.)—

Co.

(Los

621/2c

maturity.

2-15

1-29

1-29
2-

bonds

Trade

Halsey,

&

2-21

Allison-Williams

6-

1

Aspden,

9-

1

Auchincioss,

12-10

12-

„

Trust

Co.

(N.

Y.)

Temper

(quar.)—

Co.

preferred

$4 preferred

1.

___

(quar. 1

$3.50

preferred

Prom

Stores,

Class

income

$4

Coal

Cosi.

iquar.t—________

&

Canal

Fire

S.

Radiator

Insurance

Shoe

(N.

Corp.

preferred

Universal

Pictures

Tobacco

Co.,

Co.,

Power,

4(4%

prior

(quar.)__
(quar.)__

preferred

conv.

Iron

Corp/,

preference

Talspar Corp.,
$4

(entire
15

-

at

(quar.)_

(quar.)

preferred

Class

A
&

1-30

2-

1

1-12

25c

2-

1

1-12

25c

3-10

2-24

Brothers Co..

5%

$4.52

preferred

$4.50

convertible

Washington

Co.,

1,

R.

K.

Lane,

600,000

in

3-20

from

1-

4

Steel

1-

4

4-

1

3-15

1

3-15

1

1-18

an

2-

1

1-15

of

1-24

2-15

2-

A

-Western Light

Securities

35c
$1.06 Vi

2-

1
1
1

5.

preferred

Western

Tablet

preferred

A

Central

&

75c

3-

1

and

South

$3,000,000
later

this

issued

has

applied
and

due

bidding

Feb.

Feb.
at

this

to

1

2-

1

1-15

2-

1

1-15

West

in

Corp.,

the

the

parent,

stock

common

of

expects
Public

order

an

2-

3-

1

to

invest

Service

2

dam

project,

site,

which

would

be

similar

is

located

to

the

in

the

Corps

region

of

Bonita, Pateros, Brewster and Bridgeport,
Chelan, Douglas and Okanogan.—V. 178, p. 2479.

The

2-

9

1-26

netic

2-

2

1-15

company

break

10%

$1.12(4

3

4-16

playback."

8-

2

7-16

Tape,

1-29
3-12

1

2-26

the

in

towns

the

1-30

It,"

1-15
1-15

2-

1

2-10

20c

3-

1

2-

1

1-

2-

1

no

the

1

2-

1

B.

75c

$1.25

2-

1

2-

1

2-15

of

how

aifect

4-

1

it

has

"unconditionally
normal

developed

a

will

guarantees

conditions

mag¬
never

of

dry

your

climatic

ordinary handling will ever break
Vice-President and General Manager.

nor

Jr.,

since

it

will

house

not

shrink,

studio

or

stretch,

becomes.

conditions, neither humidity

its

owes

permanent

qualities,

Mr.

Under

2-

1

3-12

offered

now

leave,

out

which

of

will

available

be

is

sold

and

the-

be

for

the

estimated

added

to

the

net.

general

such

corporate purposesThe figure of $17,900/

reduced

projected

by

otherwise

changed

the

company

in

incorporated

company,

mineral

gas

except

which

which

light

be-

may

circum-

of

in

Delaware

Feb.

on

13,.

interests

no

it

as

immediate

proposes

includes

consists

leases
(on

they

as

the

on.

and
working interests iru
drilling or exploratory equipment
exploratory activities nor any program of

owns

the

which

of

(1)

oil

working
there

The

and

production

Chapman

five

are

Pool

leases

gas

interest

tempera¬

nor

working

leaseholds

2,900

feet

Rogers

interest.

There

producing

from

the

is

the

wellst

to

as

in Reeves-

covering

full

05"

1,06G'

7/aths

except
there is-

which

from

said, to
its base

presently

are

the

from

the

(3)

Delaware

Block
and

rights

to

10

the

2,000

second

of

acres

at

Pecos

below

and

Reeves

at

minerals,

sections

of

the

which

consists

Vath

wells

on

less

than

of

of

these

the

lands

2,900

leases-

the

fulS

working,

producing

feet.

Tex.,

which property covers 240"entire seven-eighths working interest

the

surface

Counties,

under lease

land,

the-

on

approxi»

working interest is

undivided

slightly

County,

owns

feet

wells

which

upon

it

has

completed-1

well.

Culberson

nine

sand

in

company

12
sand

Delaware

surface.

laths
and
the
company
owns
an
interest.
There
are
presently five

to

Tex.,

the

Continental

which has not

as

yet

company

Oil

1,000/

owns

Co., spread
drilled.

been

through-

The

following properties are to be acquired following acquisition of
of
the
outstanding capital stock of Neb-Tex Oil Co.: Block 3*
(Malicky Field) in Pecos County, Tex., which includes the full seveneighths working interest in 546 acres on which there
have
been/
all

drilled 24

wells,

16 of which

CAPITALIZATION

even

newly developed magnetic oxide coating and to
"Mylar"
polyester film, neither of which contains

is

$5.25,

offered

$9.75,

176,

in

and

are

flowing and eight

GIVING EFFECT

x

x

installment
note

Common
—V.

177,

pump.

FINANCING

Outstanding:

$20,000
note

$20,000

81,000

due April 24, 1954
stock
i$i par value)
p.

on

PRESENT

Authorized

.

Short-term notes
6%

TO

81,000

20,000

20,000

300 000shs.

198,020 Shs.

1905.

a

splice-free
$19.80,

or

reels

of

$16.95

for

600,
a

1200.

2400

and

feet

2400

on

a

feet, at
only.

hub

St. Louis, Brownsville & Mexico
Ry.
November—
Gross

1380.

p.

4

'

"

'

<

%

Renfrew Textiles Ltd.—Stock Delisted—
The

Act

company

and

the

transfer

delisted

Toronto

having

Stock

made

books

Jan.
12,
Exchange.

on

from

Net

ry.

'

I

according

to

an

announcement

by

the

Gross

from
ry.

310,101

income

218,852

199,936

184,745

188,038

railway
railway

14,727,207

14.616.003

14.734,341

13,908,484

2,333,340

2.630.956

2.583,661

2,809,95®

income

2,266,636

1,647,337

1,573,086

1,422,024

oper.

178,

1950

$1,358,273

295,233

Jan.

Net

1951

$1,401,076

p.

$1,436,854

$1,473,729

359,790

352,92®

-

1—

from

Net

—V.

■Earnings—

1952 "

railway
railway

oper.

From

assignment under the bankruptcy
having been closed, the class A Shares
an

1953

from

Net
'

1-18

1

will

$17,900

dry

nor

1-18

1-18

Sk

the-

plasticizer.

1-14

1-15

2-

be

on

acres

the

of

In

it."

tape

DuPont

were

$1.25

that

announced

it

under

Rogers,

abnormal

new

'

2-15

25

which
used

problem,

no

Soundcraft's

It
2-

are

at

or,

(including

It

6%

8

stock

(2)
Malaga Pool in Eddy County, N. M.,
covering 1,000 acres, in which leases the

Corp.—Develops Lifetime Tape—

recording machines

matter

will

The

1

Texas

a

stock

20,000

and

Tex.,

in
80

acres

It

is

most

ture

2-13

37(4c

2-

the

debt

carried

not

company

of

1-25

2-15

27(ic

when

Frank

out,

1-25

2-10

said

"Storage

1-15

Co.,

cash

iVth of 7/aths overriding royalty, and also includes a
Vath
of
overriding royalty interest (on which there are three wells)
covering an additional 80 acres.
The
company
owns
an
undivided)

Counties

although

"Neither

1-28

5

in

a

Engineers'

of

recording and
will be marketed under the trademark name, "Lifetime"
Reeves says "it will last, to the best of engineering
knowledge, forever!"

5-

2-

tape

curl

or

Jan.

on

recording

2-19
4-

if

and

leases.

acquisition

acres,
as
to

its

2-19

Oil

Neb-Tex

all

applied
against
the
consideration
of
stockholders will be reimbursed.
If theand
the
deposited money
is
forfeited,,
the
advancing stockholders.
It
is /the-

by

of

will

on

oil

oil

has

County,

Co.

has filed an application
with the
Federal Power
requesting a preliminary permit for a proposed hydro¬
project on the Columbia River in Washington State.

Reeves Soundcraft

1-15

(payable

development.

at

upon

Azwell,

1-15

Neb-Tex
the

be

financing,

company

available

owns

and

construction

year.-

hearing

a

proposed

Wells
of

37 Vic

3 l(4c

(quar.)__

1952.

I

1-29

$45,000
this

above

producing

company

The

2-20

borne

BUSINESS—The

8.

$22,-

estimated

are

will

flooding program
expanded, curtailed, or

Proceeds

company.

1955

financing is the purchase

of
of

j stances as they may develop, will be carried

mately

electric

Stationery—




be

1954

an

8/8ths

request

2-20

3-

343ac

(quar.)

for

sell

the

water

the

giving interested persons until Jan. 26,'
the bond financing proposal of this

to

—V.

1~_

(quar.)

will

sale

$618,000

company,

option

are

Afth

Co.—

common

bond

to.

condition

a

by $13,000 if the underwriter exer¬
shares of the common stock.
To the extent*,
these funds and depletion and depre¬
ciation
reserves,
retained
earnings,
money
realized
by
new
bank:
borrowings or otherwise) the drilling and development programs and

Commission

40c

Co..

with

expenditures

the

addition

is

company

is

the

its

funds

250,000

Inc.

company.—V. 179, p. 207.

2-15

25c

(quar.)

RR.

of

stock

purchase

Property presently owned

additional

This

$2

(quar.)
preferred (quar.)

competitive

at

construction

the

be determined by the board of directors.

may

cises

Puget Sound Power & Light Co.—Proposed Project—

1-22

1

& Telephone Co.—

Pacific

Co.,

of

of

estimated

2-15

2-

$1.06(4
(quar.)

as

500,000

1-14

3-

30c

45c

(accum.)

preferred

8(4%

Noel & Co.

Wright & Co.,

registration statement
mortgage bonds, series E,
sale

be

the

of

proceeds
funds

150,000

the history

in

expenditures

*

Western

100,000

250,000

lease

Oklahoma

1954

1-22

$1.50

(quar.)

(quar.)

payment

150,000

&

in

it

and

purchased, to retire, of this total of $155,000 of debt,,
approximately $135,000 at this time. Thus, payment for the Neb-Tex;
stock,
reimbursement of the $90,000 advanced
by stockholders
ancfc

&

Meyer

a

estimates

largest

$12,500,000

The SEC

12-23

2-

the

The

4-

2-

62(4c

(Engineering Co
West Kentucky Coal Co. (reduced quar.)_
Westchester Fire, Insurance Co. (increased),
Insurance

the

will

of

stock

$35,800,000.

75c

(quar.)_

Wellman

class

President,

1954,

Construction

45c

30c

:

preferred
Corp.

div.)

(quar.)

(quar.)

filed

18

loss

Co.___

Yantis

S.

the

program.

1

25c

common

Jan.

on

covering $12,500,000 of first
1984, to be offered for public

2-

60c

(quar.)

preferred

F.

shares

that

this

of

purpose

capital
of

of

$90,000

purpose

Inc.

207.

primary
terms

1953,

31,

the

Co.__

&

20,000

purchase 1

Neb-Tex.

Oct.

Neb-Tex

Public Service Co. of Oklahoma—Registers With SEC

2-1

37(4c

Inc.

Thomas

to

commitment

shares.

The

150,000

Co

&

Arthur L.

company

(

'

-

Offered—Of

option, $518,000 in cash and 20,000 shares of common
together with an overriding royalty interest in the oil
prop¬

effected

200,000
&

purchase

agreed

outstanding

300,000

Co

Fox

Van Alstyne,

4-10

37(4c

Inc. / (stock

Pictures,

Frank,

to

has

purchase

$618,000 and the advancing
transaction
is
not
effected

2,000,000
100,000

100,000

The

;

■

.

company had debt securities in the principal
amount of $65,000 and a contingent debt obligation of
$90,000being money advanced by certain stockholders and deposited in escrow
against the purchase of the Neb-Tex stock.
If
that
transaction is>

Co.,

Stokes

SEC

I

62(4c

Tiernan,

Bros.

Washington Gas Light

S%

1-30

2-26

Co._

100,000

p.

■

,

unpaid

500,000
&

&

&

the

of

At

200,000

Schmertz

C.

option
it

consideration

erties

800,000

—

800.000

179,

v

Co.—Stock

Co.,
200,000

Inc

V.

&

its

26,000

of

stock)

150,000

——__

Rippel.Inc.__

Talmage

Co._

"Vf V".

Production

cbmpany's

&

Rothschild

F.

Stern,

300,00

Frisbie

also

150,000

Gardner—

&

Hanauer & Co

B.

1-22

f20c

Inc.

Pollock

all

"cash"

1-15

10c

(quar.)

&

A.

Copeland

Inc.

300,000

Co

& Son,

Wells & Co.__

A.

300.000

Corp.

Oil

shares

corporation.

600,000

___"

Shaughnessy & Co., Inc.

Marshall

<5i

200.000

Schwabacher

100,000

Michigan

the

of

2576.

p.

PROCEEDS—The

Inc.

100,000

Co

Gregory
J.

1-15

2-26

10c

(quar.)

common

Co..

•".?

•

stock- at that < figure would cost
and. milling,company, close-to $8,stock .will
cost-the company over

grain

90%

underwriter's

of

from

(quar.)

Co.,

8%

1

R.

250,000

Leonard

$2

(quar.)

&

8%

1-20

12-15

12(4c

preferred

preferred

Common

1

2-

&

Drew

&

tl5c

6%

6%

$2.50

2-

1-25

L.

Securities

Freeman

$1.37(4

(s-a)

6%
"Walker

Western

2-11

$100

capital gains

Ventures, Ltd.
Virginian Railway,

Warren

of

Fund—

realized

Wallace

1

2-15

56(4c

com.

Van Camp Sea Food Co. (quar.)
Vanadium Corp. of America (quar.)

"Warner

&

Foster

issue

(quar.)

common

preferred

(quar.)

5(4c from earned income and 4 (4c

•,

3-

$1.31(4

pfd.

for redemption on Feb.
share plus this dividend)

&

(quar.)__

common

■called

Mould

(quar.)

com.

Co., 4(4%

Peninsular

Ualue Line

1- 4

1-29

50c

Corp., $6 preferred
preferred (quar.)

$5.50

Este
First

1-20

1-11

25c

(extra)

Stores

Leaf

per

1-20

$1

Y.)

6%

Corp.,

Universal

Valley

1

300,000

2.000,000

62V2C

(quar.)

com.

(quar.)

(increased)

S.

Upson

2-

H.

r

.

-

Russell-Miller

owned

178,

exercises

114,000
the

additional

Robinson-Humphrey

Co.,

2,000,000

Co

Dreyfus & Co

37 Vic

Machinery

U.

'Upper

12V2c

2-15

&

the

than

Anne's

150,000

-

Julius
The

700.000

Corp.

Co.—

(quar.)

5(4%

100,000
600,000

Equitable

2-10

all

More

200.000

Co

Reinholdt

Co

1-20

15c

Finishing Co., common
preferred
(quar.)

United

2-15

&

the

Space &

Inc.

200,000

Co

Day

2676.

p.

company's option to purchase the capital stock of Neb-Tex Oil
permits it to deliver 20,000 shares of the 160,000 shares of com¬
stock at a price of $5 per share,
against the consideration for
said stock (which 20,000 shares will not be so delivered if
the under¬
writer

—

E.

&

$2.50

Shoe

preferred

S.

2-15

6c

A

Railroad

Jersey

U.

U.

2-26

1- 20

flOc

Quarterly

U. S.

3-11

2-15

Wm.

&

,L.

165,

The

to

—

Kendall,

150,000
400,000

Dick & Merle-Smith

:

mon

$300,000

Inc.

Patterson.

200,000

R

each

& Co
Kirkland
&

Mullaney,

Cooley

1-14

t38c

(quar.)

_

6%

1-30

Co.

•

tional 20,000 shares.

the series K
purchaser has

Milwaukee Co,

The

Courts

5

1-14

65c

of

privately

a

Saint

Bruce

Kaiser

Clayton Securities Corp.
C. C. Collings & Co., Inc.

1

2-

1
1

&

of

Johnson, Lane,

100,000

Brothers

See

B

•United

2-

3-

f30c
—

______

Electric

2-15

2-

$1.25

(quar.).

New

1834c

87 Vic

United Drill & Tool class
United

12-29

50c

common

Extra

United

2-10

Fund—

investment

net

B

Byrd

t35c

(quar.)

Corps., Ltd., class A

Class

2-15

87 Vic

—

United

1

92'/2c

(quar.)

preferred

3-

$1

Union Gas Co. of Canada, Ltd..
Union Oil Co. of Calif. (quar.)_—:
United Aircraft Corp., 5%
pfd. (quar.)
United
Canadian Shares.

Continental

& Co.

Charles

(quar.)

$3.50

Burnham

$1.12Vi
;

preferred

United

Broome

2-15

40c

____

(quar.)

Cigar-Whelan

Stockton

1

Missouri—

(quar.)

$3.70

United

1- 8

3-

10%

(s-a ♦
of

1-11

1-28

37 Vic

j.__

Corp.

Electric

$4.50

Cabell & Co.—

remaining

.

Purchase

follows:

as

are

Co.,

1-11

above.—V.

same

issue of 160,000 shares of common stock
(par $1),
Sills, Fairman & Harris, Inc., Chicago, 111., on Jan. 18
publicly offered 114,000 shares of common stock (par$l>
at $5 per share, and has an option to
purchase an addi¬

Grubbs

150,000

150,000

&

& Kraus—_
500,000
Bear, Stearns & Co._
2.000,000

2-16

which

Jenks,

Burge

16%

___

company,

500,000

Branch,

$1.14
5c

dividend

2-16

Co.

Parker

'

the

the

for

,

request

1955,

only

used
•

an

purchasers

Heller,

Redpath

1

were

thereof

$5,000,000

Robinson & Co.

17 Vic

—

(quar.)
Transamerica Corp.

13Va%

the

11,

Jan.

be
-

Co.

the

of

amount

company's

which

or

to

are

purposes.

will

Peavey,

amounts to date of
paid prior to Dec. 8,

semi-annual

equal

Co.

—

9-10

_________$1.06 (4

(quar.)_

Co.

Union

____

(quar.)
Co. of Nevada

Mining

Bank

True

&

Stuart
——

6-10

Ball,

(quar.)__

com.

preferred

Stock

Trane

Co.,

preferred

Tonopali

principal
purchase from

3-

3

in

names

the

to

agreed

1-15
1-11

1

and

Inc.

50c

payable

the

loan,

time,

its broker, Piper, Jaffray and Hopwood, Peavey announced
continue to buy Russell-Miller common at the $36
price
Feb. 18.
-■/ '-•*
*

it

through

reported her*.

are

Corporation and

UNDERWRITERS—The

50c

Edison

tax.

original amount, $912,000

this

corporate

Co., Memphis, Tenn.—Acquired—

Corp.

all

agree¬

Through

J

50c

i

.

Amer. deposit receipts ordinary (final)
Amer. dep. rets, deferred (final)

4.56%

Of the

are

$4,000,000

at

of

note

,Peavey & Co. on Jan. 21 announced that more than 90% ol
outstanding common shares of Russell-Miller Milling Co.
stock have been turned in for purchase at
Peavey's price ot
share.
I
V
■
- I

$36 per
that

1953.

Tobacco Securities Trust Co., Ltd.— •'

4.25%

and

Angeles)

Quarterly

Toledo

Non¬

source.

(Continued from page 14)
$1,520,000

50c

Quarterly
Quarterly
Quarterly

the

at

1-20

1-15

down

separate

234,152

common

Investment News

Mfg. Co.—

pref. (quar.)
I.) Fibre Glass

Co.,

(quar.)

common

2-

22-

Lift

Carlisle

H.

the

1

$1
$1.14

additional

taken

consolidation

a

with

sinking fund notes due in 1969.

Russell-Miller Milling Co.—Over 90% of Shares Ac¬
quired by Peavey Interests—•/.'*
'

Canadian non-residents' tax.

or holders of record dates
published dates were Incorrect.

2-15

4.10%

will

$7,500,000.—V.

1-31

the

borrowing

arranged,

was

1-2

1-2
1-2

dividend.

this

for

from

being

is

Rotary
See

1- 8

15c

.

preferred

(quar.)_

(quar.)
Brothers, Inc.,

1-10
4-10
7-10
1-15
1-2

2-1

payment

General

increased

debt

purchase,
prior to
$2,000,000 of notes.—V. 178, p. 761.

tax.

income

this

capital

500,000.

91 foe

——_—

$4

closed

not

Jamaica

2-

1

the

Co.—Arranges Additional
in its expansion program, this
for an additional $4,000,000 of

and other general
agreements provide that at

The

2-1
2-1

In Canadian Funds, tax deductible
resident tax 15%; resident tax 7%.

•

2-

2-15

25c

—

Light,

3-19

2-1

tPayable

5

12-22

2-15

1-30

_—

preferred

4- 1

proceeds

$2,000,000

working

F.

1-11
5

with

funded

company's

The

1-12
1-20
2-19

held

share

(quar.)

Power

4.56%

the

2-10

HOc

(quar.)—_—.„____—

preferred

2-

3-10

arranged

has

connection

In

2-10

,

2- 1
2-1
3-1

f20c

—

preferred

Chemical Corp.—

dividend

Texas

3- 1

3- 1

t31V4c
X37 Vic

Extra

6%

1-31

1

with

company

1-30
4-30
7-31
2- 1

—

3-20
4-

Agreement—

agreement

long-term debt from the same institutions which hold its
existing funded debt, it was announced on Jan. 18.

37(4c
37(4c
37(4c
50c

convertible

Zeller's.

1-20

revolving credit

its

3- 5

1-11

1

costs.

Company,

further step

a

Institutions

convertible

6%

Boise,

1-15

25c

preferred (quar.)—:—.—
preferred (quar.)——__
preferred (quar.)
York County Gas Co. (quar.)

1

Hotel Boise,

1-15

90c
25c
25c

convertible

6%

3-17

amended

par

development

for

pay

the

at

Robertshaw-Fulton Controls

Yellow Cab Co.—

2-

to

with

be. offered

to

3-15

50c

.

6-17

has

ments aggregating $11,000,000 of

1
1

used

be

SEC—

notification

1-30

50c

(quar.)—.:

7-

1

of

stock

Radiator Co.—Amends Credit

Manhattan

Loan—As

County Electric Co.

Texas-Illinois Natural Gas Pipe Line—

Texas

Co.

3-17

2-15

to

are

letter

a

common,

Abraham-Ralph Sax,

through

proceeds

company
of

of

New- York City, to provide for bor¬
rowings up to $1,000,000 on 4% notes due not later than Dec. 31, 1954.
The company is controlled by Reynolds Metals Co.—V. 171, p. 1264,

(see Gar Wood Ind.)

Industries
(F.

1

4-

share)

per

The

Bank

filed

13

15c

quar.)

4-

7-

cents

Jan.

on

1,200,000 shares

Richmond

dividend)

(quar.)

Common

(increased

4.44%
preferred (initial)——
Wrigley (Wm. Jr.) Co. (monthly)———
Monthly
——
Monthly

6

2-

split

Products &

Co.

5%

(quar.)

(25

company

covering

Idaho.

Power

|

1-30

Propane Gas Corp.—

5.20%

-

—

(Gar)

35c

25c
I2V2C

(quar.)

common

(quar. 1

(monthly)

Grocery Co.

Extra

50c

—

Btrawbridge & Clothier,
Btubnitz-Greene Spring

Co.,

Worcester

—.—

1-31

SEC

15c

2-15

----

1-22
1-29
3-15
1-20
2-19
3-19

-

(quar.)
$4.25 preferred

Dessauer

1

15c
Common (quar.)
15c
6%
prior preferred (quar.)
25c
§%
prior preferred <quar.)___:—.—25c
Stop & Shop, Inc. (stock dividend)
5%
Stouffer
Corp.
(quar.)
25c

*.la 8■1-15
1-15

•

The

(quar.)

preferred (quar.)
&

3-

(quar.)

2- 1
2-19
4- 1
1-30
2-27
3-31

4%

■

Machine Corp.—

Electric

50c

8%

50c
25c
$1.06(4
11c
He
He

The

3- 1
1-11

$1.50

Co., com.,

Lovett

Woolworth

Co.,

3-10
1-28

(quar.)
(stock dividend)

Extra

3-15

—

&

<fc

Wisconsin

1-14

—-—

Brewers, Inc.——
Textiles. Inc.—

27(4c

-

1-31
2- 1
2- 1

preferred

Monthly
Monthly

Wolf

25c

—.—_______

preferred (quar.)

Stetson

to

1

2-

Inc.—

quarterly

convertible

2-15

3-

& Stern

4Vi%

Sun

5(4%

50c
+15c
110c
125c

;

Stange <William J.) Co. (s-a)
Stanley

8-31

12 Vic
I2V2C

(quar.)

Corp.

Special

5-28

9-10

tl2(4c
$1.4334
$1

Ltd., class A (quar.)

Rescue Mining; Co., Warren, Idaho—Files With

Payable of Rec.

Share

...

.

Wheeling <fc Lake Erie Ry., common (quar.)
4% prior lien (quar.)
.——--—
Whirlpool Corp.—

2-26

6-10

40c
J56(:*c
15c

preferred (quar.)
4»,4% pfd. (quar.)
(special)———_—

$1.60

Ltd.,

Co.,

Milling

3-10

0] Company

Westminster Paper,

5

10c
10c

—

Additional

2-

3-10

10c

Cement

Portland

Additional
,

20c
10c

(quar.)

Inc.

& Sons,

Name

'Holders

When

Per

Holders

When

Payable of Rec.

January 25, 1954

2576.
-

!

L-HI

^

-

Volume 179

Number 5293 ...The Commercial and Financial Chronicle

St. Pierre Chain Corp., Worcester,
Mass.—Acquisition
See Aetna

!

Industrial Corp. above.

San Antonio Uvalde

Net

ry.

Net

1952

1951

$282,348

$267,691

$300,626

79,363

*21,868

*49,538

8,373

10,864

*91,024

*115,727

3,496,720

3.508,823

3,333,531

436,068

170.832

116,125

136,578

Net ry.

*368,913

*577,516

*684,796

income

oper.

178, p.

operating

$5,725,590

$5,392,872

income

30,470

$5,725,590

income

Preferred

1,149,138

LISTING—The

the

973,785

931,000

directors

have

stock

authorized

of

931.000

2,080,000

common

of

1,920,000

applications

to

be

Profit

—V.

for

of

the

estimates

construction

call

for

1954.

for

program

directors
The

re-

prelimi¬

total

expenditures of $24,102,000,
of
large allotment is for continuing work on the Encina Station
The 1954 budget will be about 38% higher than the record

a

project.
one

approved

budget

which

the

1953.

FINANCING

agreement
available
1953.

permits
to

between
credit

The

the

requirements
new

will

will

arise

as

remain

borrowings

ciedit

permanent

company

will

agreement
This

IN

APRIL—Under

company and
810,000,000 was

to

up

in-and-out

3%%.

of

EXPECTED

in

the

be

force

bank

new

six

June

between

31,
and

1956

from

financing for

an

Dec.

30.

ranging

loan

banks,

effective

until

rates

temporary

periods

securities.

probably

in

established

interest

at

provide

a

of

syndicate

a

3V*%

such

cash

the

company's issuance
financing to be undertaken by
offering of bonds in April.—V
178,

The
an

next

1821.

p.

172,

corporation

brought

announced

tract of

in

1,953

The

The

directors

dend

of

dend

25

Kenwell
well

new

It

14.

Oils

in

is

&

the

the

Mines

Levelland

ninth

Ltd.,

Toronto,

Field

producer

of

their

on

Canada,

Texas,

it

the

F.

O.

Mast*n

H-3,

located

In

in

4Va. barrels of 25 gravity oil per hour
during a 36
During the test the fluid level in the hole remained steadv at
Allowable production,
set by the Texas Railroad Commis¬
40 barrels per day.

two

companies

months

and

ago

Sapphire has
has 35%.—V.

purchased

since

65%

a

177,

then

working

five

have

producers

in

successfully

interest

in

the

the

field

drilled

property

be

Production,

stock,

four

and

about

taxes

that

announced

that

they

calling

are

preferred stock.
regular quarterly

April

the

for

re¬

but

15,

stock

to

of

record

March

others.

Kenwell

stock

dividends

cumulative

Solar

every

Net

Calendar

Years—

March

After

16.

elimination

Net

net

sales,

sales

of

including

finished

pulp

p.

products-

165,000,729 146,902,536
149,262,335 129,168,565

:___

The company also announced
that of the $24,952,800 3% convertible
•debentures issued in September, 1952,
$7,910,800 had been converted
•fcy the year end into 141,008 common shares,
bringing the total number
•of

common
shares outstanding on Dec.
pared with 2,994,352 at Dec. 31, 1952.

One

of

the

for

purposes

which

31,

the

1953

to

debentures

3,135,341,

as

issued

were

com¬

3%%

.provide funds for the company's West Coast
expansion.1 The company
.reported that the first part of this
the construction of a
program,
paper
machine, appropriate finishing equipment and a
building to
.house them, was completed in December.
The machine was
its

trial

production.
Start

during

runs

A

second

operation

put through

the latter

of

machine,

paper

sometime

part

in

the

December

now

being
of

summer

and

is

currently

in

built,

is

scheduled

to

1954.—V.

178,

p.

2479.

$732,641

is

$544,169'
550,319
$0.99

Total

net

The

assets.

net

asset

adjusting for
asset

—

Seeks Bidding

stock

in

the

prices

$12.88

was

at

Dec.

1,

1953

President.
timing of the actual

Ex¬

notes

depend

of

estimated

program

$674,719
416,352

paid

101,352

93,504

304,056

280,511

ordinary income.—V.

178,

1671.

p.

with

1

f

The

corporation

Bank & Trust Co.
It

,p.

will

has
on

the

use

178,

borrowed

3%%

notes

proceeds

for

$2,000,000

due

Dec.

general

4,

from

National

of

3%%

funds,

are

per

to

Proceeds of
to purchase

anum.

be

used

purposes.—V

178

respectively, of the common stock of Alabama Power Co. and
Fower Co., for an aggregate consideration of $8,003,000 in
of Alabama and $10,000,000 in the case of Georgia.
Alabama
Georgia w 11 use the funds to finance property additions and im¬

provements.—V.

179,

108.

p.

the

6 Months

Ended

Oct.

Southern

31—

1953

The

1952

$37,515,410 $34,609,635
28,599,759
26,623,513

Operating
Income

$8,915,651

dividends, interest,

Co.—Bank

completed

by | borrowing

$5,000,000

proceeds

are

be

used

profit
real

$8,026,140
3,529,-759

Operating

revenues-

2,064,164

Operating

expenses

in

Period End. Nov. 30—

$2,331,795
estate

1,031,962

Net

Net
—V.

$3,244,772
Income

income

$3,001,463

$1.26

0.64

$1.81

$2.05

1933—11 Mos.—1952

4,298,752

$5,663,147 $66,799,474

$61,318,849

46,740,322

42,437,075

3,778,426

865,538

739,316

7,659,457

7,246.880

260,110

246,332

3,071,538

2,882,467

$993,537

$899,073

$9,328,157

$8,752,427

665,790

770,641

7,784,527

7,360,300

operating

after

income

charges

178, p. 2577.

Union

Gas

Co.

Stockholders—See Aztec

—

Oil &

Aztec
Gas

Stock

Offered

Co. above.—V.

to

179,

207.

Shoe

Period End. Nov. 30—

Co.- -Earnings—

1953—Month—1952

Bales
~-V.

—

178,

p.

—

$6,735,516

$6,773,930 $59,892,329

$

38,546,703

35,047,561

expenses

25,655,530

24,149,491

4,887,900

3.930,385

50.422,922

taxes.

2,761,508

2,418,270

30,790,034

27,747,555

income,

5,241.765

4.549,415

55,378,703

47.251,788

4,892,428

4,070,087

50,491,100

41,025,430

Other

income

taxes

operating
operating

Net

$

$

411,142.084

372,277,424
274,550,425'257,446,760
39,831.321

after

—V.

178,

charges
p.

2577.

This

corporation on Jan. 12 announced it has gone into production
cf the new Sightmaster patented indicator-repeating fuse, for homes
and industrial use.
Michael L. Kaplan,
President, in describing the
device said a neon indicator lights up when a fuse ceases to function.
"This light," Mr. Kaplan explained, "is a signal to switch to the
jjext

position

on

the

fuse.

Since




there

are

six

positions

on

the

fuse,

to

New

Northeastern

of

Gas

into

tho-

England by Tennessee Gas
Northeastern Gas' present rates, and

in

those

will

rates

until

not

be

filed

cancellation

included

merger

other

and

plant,

of

Northeast-

outstanding

depreciation

Commission

about

obligations,

other

and

on

12

Jan.

accounts

and
to

the

announced

its.

recent

New

to build facilities
additional gas to

Tennessee is proposing
$33,677,000,
to
provide

to

and

serve

York

new

City

include

customers

in

New

audi

Jersey

area.

about

243

Northeastern

with

York-Connecticut

Co.

of

of

New

with

miles

24-inch

of

line

from

an

Co.'s

Greenwich,

from

the

Conn.,
main line

system

with
in

a.

New

Public Service Electrio
Newark, N. J., and with Consolidated

facilities

facilities

construct

would

Transmission

Gas
near

south

Jersey near
York's

New

also

line

extending

spur

connection

a

Co.

near

about

the

of

York

New

18

miles

of

City.
24-inch

line

con¬

'

capacity, 20 billion cubic feet of which is available from tho
company's previously authorized development of the Hebron storage

storage
field

with
the
New

the
remaining 15 billion cubic feet to become available
proposed underground storage developments with Iroquois
York

State

authorized

relinquish
263-mile

at

263-mile

The

carry

to
a

of

Northeastern

point

a

line

has

facilities

new

Natural,

Natural.

to

plans

construction

out

012

not

the
the
line

the
yet

construction
previous

FPC

connecting

and

storage

projects,

authorization for th®
Hebron
field with.

the

New York-Massachusetts
built.

state

line.

been

would

Iroquois,

provide additional service to New York
Pennsylvania Gas Co., Inland Gas Corp. and

Gas & Electric Co.
In addition, Tennessee proposes to serv®
following new customers: Consolidated Edison, Public Service, Th®
Brooklyn Union Gas Co., and Long Island Lighting Co.
The project
also would

provide Northeastern,

Sparkletts Drinking Water Corp., Los Angeles, Calif.—
Notes Sold Privately—The corporation recently sold

vately

through

William

R.

Staats

&

Co.

8500,000 4*8% promissory notes due 1963;

an

pri¬
of

issue

of Tennessee's existing customers,,

one

with

a
new
delivery point near Greenwich, Conn.
Iroquois and Tennessee, in their joint application, are
develop the Colden Storage Field in Erie County, N.

proposing to
Y.,

with

an

estimated

capacity of 10 billion cubic feet of active gas, The facilities,
including those previously authorized for Iroquois in another pro¬
ceeding, will include about 120 new wells, 53 reconditioned wells and
30 reclaimed wells; and about 17 miles of 16-inch delivery line along
with about 62 miles of 12, 8, 6 and 4-inch gathering and well lines,

providing connection into existing systems of both companies.
In order to carry out the project, Tennessee is requesting authority
acquire from Iroquois an undivided one-half interest in the facili¬
ties, as well as authority to construct an additional 4,000 horsepower
at
an
existing compressor
station,
a
dehydration plant, and two
to

stations.
cost

previously
be

of

the

project

for

authorized facilities.
including base

$7,982,974,

Iroquois is $2,672,000, including
Tennessee's share of the project

storage

gas.

York State Natural project would includ*
development
and
joint operation of underground
storage facilities in northern Pennsylvania and southern New York.
The application requests authority for Tennessee to acquire from New
York State
Natural
an
undivided one-half interest in the Harrison,
The

the

joint

Tennessee-New

acquisition,

pools, located in Potter County, Pa.,
N. Y.
The companies plan to
full top storage capacity of 19,680,000.030
cubic
feet
in
the
Harrison
Pool,
by
drilling new wells,
redrilhnyr
abandoned
wells,
and
constructing
pipelines,
measuring equipment
and
an
11,000 horsepower compressor station.
The application also
requests authority for Tennessee to sell gas to New York Natural
for storage In the three pools.
Elllsburg

Net

Sightmaster Corp.—Producing New Fuse—

the

subsidiary,

the Hebron field with the Harrison storage field facilities
in Potter County, Pa., and Steuben County, N. Y.
Tennessee also is
seeking authority to utilize 35 billion cubic feet of underground tor>

would

$56,669,979

2479.

application,

New

to

1953—11 Mos.
Mos.—1952

revenues

Federal

1953—52 Wks.—1952

wholly-owned

applications involving an extension of
this company and the construction of facilities
storage of natural gas.

would

24-inch

Estimated

Operating

Sales Off—

1953—4 Wks.—1952

Merger—

an

operate

necting

the

$

Corp. of America—Current

its

merger

from

application,
cost

New

metering

Southwestern Bell Telephone

Operating

Period End. Dec. 26—

of

and

the

Telephone Co.—Earnings—

1953—Month—1952

$6,417,937

1060.

p.

1,

$1.41

0.55

-

Total

178,

1,599,464
p.

Operations

-V.

$3,281,418

1,655,915

filed

has

facilities.

to

Tennessee

178,

182,761

per common sharer-

Gains

June

taxes__

Southern

Barkings

due

$3,464,179

243,309

applicable to minority interests.

notes

construction.—V.

$2,432,217

transac¬

<netl_

new

operating taxes.-

Other

912,977

Profits from securities and real
tions

transactions

for

pay

it

acquire

Louisville

Federal

from
estate

unde*

Co.

service

debt

gas

customers

Gas

and

State

2,438,588

and

to

2354.)

4,311.824

before

with

40,018

$9,082,207

securities

far

so

interrelated

connection

This

to

Southern New England

Income

3jV4%

on

1

The

be

said.

Power

three

single

Tennessee

agreement

credit

$17,000,000

a

the

underground

the

If

Borrowings—

$7,986,122

166,556

I_I!

etc.

banks

1954.

p.

income

from

has

company

certain

Gas

Natural

14

to

system

increase

an

bonded

project

a

and

Subs.)—Earnings—

borrowing

no

Co.—Proposed

Jan.

on

through

proposed

metropolitan

from

1375.

Sheraton Corp. of America (&

of

its

Edison

the notes, together
80,000 and 100,000

case

and

1954.

corporate

the

ot\

will

$15,000,-

•

for

Federal

Jersey

SEC authorization to issue to 49 banks
in
an
aggregate
principal
amount of
1, 1956, and will bear inter¬

received
notes

has

be

initial

change

no

Gas'

28-mile

Georgia

Mellon

expires
to

up

existing compressor station in the Hebron storage field in Potter
County, Pa., extending across Pennsylvania, New Jersey and New York

2201.

p.

shares,

Shamrock Oil & Gas Corp.—Bank Loans—

•

done

.

the

of

existing

The notes are to mature Feb.

treasury

have

Commission

application

storage

In

$73,037

$76,884

$19,685

at

estimated

392,023

promissory
rate

which

participant
loan

10.

Transmission

the

gas

$1,929,771
1,184,200

387,473

$26,853

the

at

largest
which will

pipeline system of

on

est

to

pipeline

gas

for

1953—3 Mos.—1952

$2,019,420
1,251,007

$635,778
394,930
127.659

—

company

and

In addition
to Tennessee's
application to expand its system, the*
proposals Include joint applications by Tennessee and Iroquois Gas
Corp. and by Tennessee and New York State Natural Gas Corp.
Thar
two joint
applications involve the development of the underground

Southern Co.—Borrows From Banks—
The

subsidiaries,

credit,

The

York

Transmission

the

$73,-

at

130,162

_____

unsecured

$25,000,000

a

New

p.

Power

would

transfer

filings

Ltd.—Earnings—

1953—Month—1952

earnings

$15,000,000.

of

Proposed Expansion Program—

on

to

re¬

losses

$8.98

books.-

general market
The proceeds will be used to help

will

plant

company's

Dividends

net

$3,791,560

debentures,

on

$9,000,000 in capital stock, all owned by Tennessee Gas, to¬
with cancellation of $8,915,700 in Northeastern Gas demand
held by Tennessee.
The parent company would assume North¬

The

offering

and other considerations.

-Expenses

After

179,

merger,

the

Details

1952

31,

a

from

1953

share

the

would

Surplus

capital gain distribution of 45 cents per share the
per
share declined 4.7%
from
the
prior year-end
moderate downward adjustment in the
average level
in 1953. Dividends totaling 58 cents per share were

value

flecting

per

of

announced

company.

application

May

$27,031,462 $26,548,047

value

interest

notes.

Gas

Gas

actioln

eastern

-Including interest and depreciation.—V.

1953

depreciation,

banks.

seven

believed

Federal

planned

an

Jan. 19 filed an application with the California
for exemption from competitive bidding on a con¬

Southern Canada Power Co.,

Selected American Shares, Inc.—Assets
Increase

is

natural

After

The

As of Dec. 31—

abandonments,

arranged

4%

company

the

parent

on

Period End. Dec. 31—

Taxes

has
with

company

ern's

Co.

construction
000,000 for the year 1954.—V. 179. p. 10.

Gross

depletion,

agreement,-—V.

The

5,867,853

to

was

and

taxes

Tennessee

templated issue of 600,000 shares of common stock, according to W. C.

the

etc

$9.30

and

Mullendore,

finance

136,534

$12,659,970 $11,322,210
8,727,725
7,530,611
$3,932,245

in

Northeastern

547,468
$1.34

California Edison

Commission

conditions

for

1957,

This

1821.

company

The

402,876

expenditures,

rentals

City Bank

$6,412,022

-

Southern

:

000

1952

6,732,625

shares.,
common
share

per

lease

6,040,784

—„$12,257,094 $11,185,648

National

this

6,776,916

expenses

share

per

1952

Credit Arranged—

1,

The

1953

administrative

the

the

$7,465,266

——

taxes

common

—V.

U.

Privately

$19,034,010 $17,226,430

_____

company

June

England
1953

income)

Earnings

P.

Sold

geophysical, '

:

income

Bank
The

of

&

provisions

Federal

Co.—Earnings Rise—

Revenues

This

for

exercised

common

Expenses inclu. fixed charges and

$

share

be

may

$2,000,000

—

development

income

and

emption—

1952

$

Total

1953

.

preferred

one

rights

privately

geological,

income

including

since 1939.
preferred
stock,
of
called for redemption

Twelve Months Ended Dec. 31—

Scott Paper Co.—Record Sales—Debentures
Converted

sold

income

gen.

income

gether

f

of

—

Net

year

convertible

until

common

Solar's

178,

dividends.

basis

Conversion

1994.

p.

has

—

*Intangible

31.

with

of

&

Total

common

bring

90-cent

Net

the

Water Systems, Inc.—Bonds

Miscellaneous

stock will be the sole equity of the com¬
pany.
There are now outstanding 599,288 shares of common stock.
Preferred shareholders will be notified by letter of the redemption
details, Mr. Price said.—V. 179, p. 108.

No.

accrued

on

stock.

174,

operating,

Balance

which
16,713 shares are outstanding, will be
at $18
per
share on March 22, 1954,
the directors said.
The preferred
shares, of $15 par value, will continue to be convertible share-for-

Gross

10.—V.

company

Price,

will

into

and

Superior Oil Co., Los Angeles,
Calif.—Earnings—

April quarterly divi¬
and
subject to

regular

common

outstanding

Solar's

announced

payable

T.

628.

p.

the

the

011

directors

the

of

common

The

|

3 Months Ended November 30—

President and General Manager, said the latest
the payments on Solar common in the cur¬
rent
fiscal year
(ending April 30, 1954) to $1 per share plus the
one-share-for-ten stock dividend.
In the preceding fiscal year, ended
April 30, 1953, regular quarterly common dividends amounted to 85
cents per share plus 20 cents in
extra dividends.
The company has
paid

share

common

Gross operating

shares.

common

all

Edmund

$37.21

of first
mortgage 4%% bonds due 1973 through Wagenseller &
Durst, Inc. and Crowell & Co.

divi¬
dend, payable April 15, 1954, will be to stock of record March 28.
Subject to obtaining the permit, the stock dividend on the common

Cochran

produced

is

The
15

$349,828

to

directors

also

$37.32

__

convertible

Suburban

required permit from the California Commissioner of
issue the additional shares, voted a 10%
stock divi¬

the

addition

will

1.441

$15.52

'

per

is

of

Feb.

—The

Levelland

feet.

sion,

70,000

Stock Dividend and

Pay 10%

declared

19

share

a

South Jersey Gas

companies'

$839,828
420,000

was

lihour test.
500

Co.—To

Jah.

on

cents

its

on

The

acres.

well,

■County,

and

a

Jan.

on

325,000

income

$51.25
issue

shares

through

Retire Convertible Preferred Stock—

share

Sapphire Petroleums Ltd.—New Texas Well In—
This

$656,409

income

on

on

$0.28

1.78

$15.59

company has called for redemption on Feb. 15, the remaining
outstanding shares of its 4% convertible preferred stock, $50-

at

2.42

8,187,969

tax

liabilities

current

share—

204.

p.

preferred,

Pave

taxes

taxes

profits

8,827,292

profit

declarations

BOND

Federal

Federal

excess

demption
December

1952
$8,988,957

—;

$0.26
to

per

.

The

1953

assets

'

8,OCO

10,000

income

Solar Aircraft

contemplated.
PLANNED—In

current

par,

$9,460,228

*

339,848

Stromberg-Carlson Co.—Calls Preferred Stock—

Co.—Earnings—

f

317,517

Net worth per share
—V. 178, p. 220.

9.

p.

$321,409

before

Provision

Net

from

Corporations

nary

179,

taxes

per
share
Ratio—Current assets

industry.

1952

$24,782,276 $28,178,074
after

Earnings
Net

stores.

——

obtaining

EXPENDITURES

department

sales

Federal

made

the

company on the New York, San
and Los Angeles Stock
Exchanges.
Current plans are for
listing to be effected simultaneously on all of the aforementioned
exchanges in early 1954. Listing of the preferred stock is not
presently

and

and

products.—V.

Francisco

LARGE

profit

1953

sales

Net

announced
that
the
indicator
fuse
is
only
of patented indicators it will manufacture for
In addition, Sightmaster is making a regular-

also
series

a

fuse

of

the

Viewed

hardware

and

Deductions

$4,449,557

dividends

for listing

Net

The

$5,423,342

$4,576,452

—_

dividends

Common

line

27,424,866

;

deductions

Net

1952

$32,817,738

income

Income

first
trade

Net,

$36,027,864
30,302,274

taxes

income

Gross

Quarter Ended November 21—

manufactured

Years Ended Oct. 31—

1953

and

be

price of the new Sightmaster fuse will be 79 cents,

the

Co.—Earnings Up—

revenues

expenses

will

53,

Spencer Kellogg & Sons, Inc.—Financial
Highlights—

function

fuse

fuse

Sniith Agricultural Chemical

San Diego Gas & Electric

Other

chain,

as

Retail

2577.

Year Ended Nov. 30—

Net

replacement.
A twist of the switch
again as a new fuse!"

without

Sightmaster

Sightmaster

Sightmaster

railway

Operating
Operating

well

the

railway

^Deficit.—V.

repeatedly

new

new

*654,719

1950

1—

from

used

the

with ratings of
15, 20, 25, and 30 amperes.
Sightmaster, which has its main plant
in New Rochelle, N. Y., and branches in Illinois and California, Initially
will produce the indicator fuse at New Rochelle.
The product will be
marketed
across
the
country
through distributors and
dealers, as

*62,577

3,726,904

income

oper.

from

-Earnings—

1953

railway
railway—

From Jan.

Gross

RR.

$349,608

from

from

be

can

The

& Gulf

November—
Gross
Net

it

makes

(441)

and

and State Line storage

Steuben

and

New
and

of

York

Counties,

Allegany

jointly develop and operate

a

Natural's .share of the
share is $6,844,997.

Tennessee's

estimated total cost is $5,875,72$
Both estimates include the cosA

constructing facilities and of base storage gas.—V. 179, p.

10.

54

(442)

The Commercial and Financial Chronicle... Monday, January 25,

1954

i

Texas

Illinois

with

12

Gas

Natural

Privately—The

institutional

investors

mortgage bonds due 1975, at
The
V.

will

proceeds

178,

be

Pipeline

used

Co.—Bonds

in December placed

company

$15,500,000 of \lk% first

par.

finance

to

Sold

privately

expansion

See

program.

also

2019.

p.

The

sleek trailer, which is about one-half the weight of conventional
trailers, is being made from fibrous glass and Vibrin, a polyester
produced
by the Naugatuck Chemical division, United States
Rubber Co.
Its body is dent-proof and rust-proof.
Hille now has tlie trailer In production.
It will sell for approximately
$1,500, which is competitive with trailers of equal facilities.—V. 179,
p. 49.
;
'■
;

-BUSINESS—The
Western

resin

j

Textron Incorporated—Acquisition—
Little,

acquired
which
is

is

a

the

work,

of

Textron.—V.

of

179,

Victor

volume

will

list

of

tre

the

90%

over

of

the

Investments Co.,

antenna.

be operated

Its

had

Carlos,

Calif.,

entire

output

$24,000,000

during

its

1953.

30,

as

wholly-owned subsidiary

a

V'J'

'•

■

and

Fire

fire

shares

Ltd.

been
at

having

under

from

removed

the

been

request

the

the

of

trading

corhpany,

acquired

by General Thea¬
offer dated Nov. 27 ,1953.—V. 166,

an

1260.

p.

States

Steel

Formation

of

insurance

vestment

of its

qualify for such

through

400

enfranchised

presently
2097.-

p.

On

stock

Dec.

United

the

throughout

John D, Reilly, Chairman of the
Board, on Jan. 18 in a letter
the stockholders, customers and
employees of the corporation, said:
"Rumors
sell its

afloat

are

that

this

plans

company

to

See Decca Records,

to

foundation

no

for

Van

or

such

rumors.

"On

the contrary. Todd Shipyards
Corp. plans to continue as a going
shiprepair and shipbuilding corporation, which it has been since 1916."
—V. 178, p. 764.
i

Inc. above.—V.

179,

Norman Co.—Sells Note

proceeds

v/ill be

used

to

UNDERWRITERS—The
as

respective

30—

__

1953

The

per

reduced

said

rates

of

Curtis

F.

allowable

portation of foreign

and

Co.

4,037,000

held

in

$0.29

President,

production

oil

due,

was

forced

by

in

the

feet

to
im¬

of

company

producing

properties and 2,523 prospective properties.
Reserves of oil and gas were increased
appreciably during the year, the
report said, and were estimated at
3,555,000 barrels of oil and 20,600
million cubic feet of gas at the
year end.—V. 177, p. 2788.

Research

As

of

Dec.

Corp.—Net

31—

Assets

Kidder,
White,

Weld

G.

G.

Privately—The

company

bank loans.—V.

repay

176,

Net

net

products,
study

&

H.

val.

asset

1952

1951

$

per

179,

181,049,000 164,899,000

the

unit

of

metals

housing

and

William
all

its

$17.08

Trimont Manufacturing Co.—New Control—
Industrial

Corp.

J.

Rudolph,

President,

purchased outright

Jan.

on

Acquires

—

War

II

grade
C.

Credit

revealed

that

this

Pacific

a

firm

Coast

serves

To

American
the

ease

Card

Ltd.

Is

international

charge firm
Europe and the United Kingdom.

tourists in

allied member transi¬
this move,
Trip-Charge is opening offices at 616 South
Los Angeles, Calif.,
and at London,
England.
TrioCharge already has oifices in New York
in

Washington,
and

in

is

D.

the

Switzerland

in

addition
of

process

well

as

Trip-Charge
Inaugurated

C.,

is

in

as

to

■

its

opening
other

active

the

City, Cleveland, Milwaukee

in

cities

other

Play-Charge

homo

other

office

offices

in

of

for

The

Plan

of

in

credit

the

announcement

Trip-Charge

of

several

is

novel

readying
of

uses

account

systems, offering consolidated
billing and
fields, similar to the service rendered for

other

T£is. raPid exPansion

capital,

which

and

increased

coverage

charee

plans

for

wide

the

charge
for

coverage

requires

capital

structure.

"We

immensely gratified

• because

it

stations,

this

consolidation,"

our

cardholders a
major restaurants,

many

car

rentals, florists, men's and
practically doubles the number

expansion

holders.
dollar

with

offers

now

and

sends

the company
volume."

month

per

well

total

stock

Rudolph
2 000

over

stores,

This
card¬

towards

way

million
u"

a

Pifth Aye. at Hamilton,

United
of

States Foreign

Dec.

Securities Corp.—Assets

Pitts-

Total

net

Nejt asset value
i

Net

asset

•'After

first

per

value

per

ea??'S deduct
J1
tAfter

preferred

of

$35,701,200

ng
the value
stocks in the total

in

for

As

of

$87 24

indicated

amount

of

of

value

the

of

the

corn¬

Securities
first

$14,880,000.—V.

and

Corp
second

178,

1573.

p*

1953

value

asset

_____
__

"Net
*

Dec. 31—

net

asset

value

asset

After

value

stocks

United
John
have
stock

held

of

first

per

in

preferred

common

the
the

value

total

Franklin, President,

the
Feb.

share

$10.39

liquidation

amount

of

of

to

postpone

on

Jan.

next

p.

first

$35,000,000.—V.

Action

19 announced

consideration

company until the
16, 1954.—V. 178,

the

of

that

dividends

regular

meeting,

on

$1L85
and

178,

second
p.

1573.

and

camp
which can
made

trailer
be

from

Anaheim,

and

concentration
the

capacity.

it

of

178,

the directors
the

common

scheduled to

with

be

1573.

low,

sweeping lines of
night to accommodate a
reinforced plastics
by Hille

expended

rugged
Calif.

the

at




V

a

modern

car

2.5

Inc.

2

Co

Brewer

Beck*»r____

&

_

2

-

_

Barret, Fitch, North & Co.__

1.5

Lester, Ryons & Co

1.5'

Lucas,

&

Waeckerle.

&

Elsen

Co.—

Inc.

Eeecroft.

Buffett-F?lk

Julien
T.

Jospoh,

Mellen &

2.5

Manley,

Bennett

eluvial

of

and

this

Jan.

on

1-5Cole

1
1

*

Co.—

1
1

,

Miller. Inc.

1

Co

&

Collins

C.

&

Co,-——

Henderson

&

&

Co.—.___

divisions

and

subsidiary,
in

owns

Rhodesian

»

1

,

.

The

the great

of chrome

Dyke region

from

ore

which

it

Electric

The

manufactures

line,

filed

20

With

registration

a

business

Air

E.

The

of

The
a

directors

contemplated

to

raise

financing

additional

business

Details

the

authorized

the

officers

to

proceed

by which.the corporation proposes
because of the continuing expansion of

past ten

proposed

years.

subject

are

clearance

to

syndicate

headed
will

by

be

G.

H.

Walker

contingent

&

Co.,

the

upon

Louis,

St.

,

the

of

the

but

sales

—V.

178,

will

be used

to

be

Westinghouse
with

Air

offices

shares

at

like

a

G.

Eurooean

the

included

Air

in

amount

of

47/a%

It

facilitiesJan.

4.

Co.

is

Los

of

an

of

of

was

but

the

notice

that

not

that

the

of

had

withdrawal

advised

the

the

that

merger

since

effect

and

of

19

it

board

between

since

had

the

agreement.

;

Corp.—Tenders

stock

at

acting
for

It

building

the

tion
32

announced

was

room

for

to

agreement

sought

directors

of

had

proposal

merger

the

application

stressed

his

shares

per

with

$13,500,000.

This
on

is

it contains

that

15

1407

Insurance

renewal

previously held

feet,

at

a

office

the

a

Co.

On

million

a

has

of

The

mortgage

building is

land.

over

the

Broadway,

options.

first

and

Treasurer,
Co.

and

not

that

Bank

he

of

as

with

City

which

could

178,

far

he

as

identify

New

had

had

knew

tender

to

the

of

be

of

National

Investors Corp.

the

on

—V.

said

he

was

;

,

Sept.

1953,
income

net

a

tlie

company

of

30,

$825,305.

178,

1711.

p.

End. Jan. 9—

r.'

\

;

Co.—Current. Sales Higher—•

.1954—4 Weeks—1953

$18,702,397

1954—28 Weeks—1953

$16,853,295

•

$116,088,907 $104,964,266

Woonsocket Rubber & Plastics Products Co., Inc. (R.I.F
Offered—Barrett & Co., Providence, R. I., on

-7—Stock
Jan.

15

publicly offered 100,000 shares of
at $3 per share. -

stock

common

(par $2.50)

PROCEEDS—The
first

net

mortgage notes

will

be

added

to

proceeds

which

to

are

mature

be

used

March

on

1,

to

retire

1954,

$225,000

and

of

the balance

working capital.

CAPITALIZATION

,

First

mtge.

Dec.

note

GIVING

due

EFFECT

TO

PRESENT

FINANCING

of

America

plot

and

of

leased

of

rentable

corpora¬

back

for

Company

approximately

$17,750,000

approximately

feet of

this

Insurance

the property
at

by

note

conv.

of

45.000

which
square

space.—V.

for

all

line
of

1954,

at

a

price

of $23

Transferable warrants expire at 3 p.m.

(CST)

girdles

include

machinery
that

ican

on

An underwriting group headed jointly by
Peabody & Co. and Prescott, Wright, Snider
Company has agreed to purchase from one stockholder
rights to subscribe to 138,000 shares of stock.
This stock,

with

plant

the

procejss and
Co,

purchase

fuel;

Inc.

price

paid

and

its

subsidiary

as

fbllows:

inventory, $165,000,

of

and
its

by

for

and

division
rubber

printing
thread

continue

assets

its

haS
rolls

industries,
rubber

and

in

the
and

manufacture

same

sale

company.

from

in

Inc.,
of

oh

Street,

the

American

Woonsocket,

square

the

feet,

plant

Wringer

having

together

with

the

Co,

working
with /ill

exception

inventory selected by the
chemicals and supplies,

rubber,

certain accounts receivable of Amer¬
subsidiary selected by the company.

tne

to

company

the

Plant,

the

girdles;

rtockhouse

and

the

company

located

production

thread,

computed

Inc.

by

191.000
located in

equipment

in

rubber

Wringer

the

and

to

of

This
sale

rubber

that

approximately

and

of

on

textile

elastic

company

exception

carried

be

latter's

the

paper,

the

of

Co.,

Inc.
and

Island

Clinton

212

certain

Wringer

Co.,

100,000 shsl

Rhode

at

acquired

manufacture

the

the

it

Thread

products,

acquired by

used

in

work

rubber

intention

50,000

in

located

are

American

of

the

in

$300,000

50,000

incorporated

1953,

Para

1923

not

of

space

Outstanding

.

1958

office

28,

including

the

will

assets

The

per

is

business,

company

to

300,000 shs.

division

subsidiary,
since

1,

was

and

Dec.

On

molded

It

of

The

of

plant

I.

purposes,

and

due Dec.

company

Its

R.

engaged

girdles.

178,

share for each two shares

vFeb. 1, 1954.

1953.

wholly-owned

sheet

1954

$2.50>,

(par

Woonsocket

the

28,

$525,000

stock

16,

been

sold

Authorized

June

1958

28,

subord.

6%

42-story office and show¬
New York, N. Y,- center

assessed

square

19,

the!

of

that

178, p. 2620.

been

Prudential

on

one new

Jan.

tender

to

director

or

also

purchaser.

above.—V,

Lovett Grocery

&

Woonsocket,

Casualty

record

Harris

December-

solicited

officer
He

in

1823.

p.

Winn

.

Dec.

& Surety Co.—Stock Offered—The
Jan. 20 offered stockholders rights to sub¬
scribe for 150,000 additional shares of $5 par value
capi¬

share.

the

and

made

been

not
no

shares.

of

York

been

Whitehall Fund, Inc.—Maynard on Board—
See

be

therefore

should

on

tal stock at the rate of

its associates.

The corporation has 428,221 shares of caoital stock ($12.50 par valueV

floor

Western

of

tender

111.

offer

tender

stockholder

a

-so

the

Chicago,

of

the

asked

been

acquainted

Inc.

company

the

is

.

terminated,

2620.

p.

an

share.

partners,

Bank

said

and -that

had

Common

apparel industries,

Prudential

years

had

and

Jan.

on

located

textile

for

tenders

$25

Secretary

Invited

an
investment
advisory 'concern,,
Julien Weiss and Ehren Clark, is
whose; stock is listed on the New York Stock-

its

..."

2620.

p.

and

-

any

that

Nov.,
said

its

and'

4.

agreement

merger

company

that

in

Dec.

on

terminated

The

extend

FPC

178,

the

automatically

Puget

to

longer
the

said

company

consummated.

declared

no

to

was

been

concluded

there

by the

withdrawal

not

Washington

filed

was

companies
had

extension,

"had

that

by

notice

notice

two

merger

14

West¬

International

new

Angeles,
Calif.,
to have
asked

understood
Weston

Company

Savings

He

bonds.

Washington Water Power Co. for Federal Power
authority
to
acquire
and
merge -into
its
system
the
Puget Sound Power & Light Co. became effective as of

The

The

the

Jan.

on

of

tntri*s

Division

v

Hawthorne.

to

Hawthorne

Period

announced

was

application

Inter¬

stock

Washington Water Power Co.—Application to Acquire
Puget Sound Power & Light Co. Becomes Effective—
an

94

Rockefeller

co

Brake

the

customers of First Investment

to

National

and

company

2245.

p.

or¬

the

to

Brake
30

affiliates

and

six

in

of

Instrument

of

company

a

plants
sales

not

are

Investment

for

subsidiaries

has

outstanding. For the nine months ended
reported net sales
of $23,779,724
and

refund

ex-,

an

all

made

were

four insurance companies.
proceeds

the

of

added the

Chase

—V.

The

in

establi.-h
sales

identity of the purchaser would be disclosed shortly
it was their understanding
that the full amount of the
sought had
been
deposited with
the
escrow
agent.
Security.
National Bank of Los Angeles, Calif., and that bank's
agents,;

Mr.

Washington Gas Light Co.—Bonds Sold Privately—The
company has sold an issue of $7,000,000 3%% 25-year
refunding mortgage bonds to the Bankers Trust Co. and

assets

machinery

American

and

and accounts receivable,

Wringer

Co,

totaled

$445,785,

equipment.

$150,000;

acquired

$130,78.5.—V.. 179,

p.. 109.

Kidder,

plus

six-footer, 'is being
Engineering Corp

export

company'sproducts and,

that

First

under¬

109.

p.

to

export

11G5.

p.

Investment

They

stock

with

The

Mo.

consummation

foreign

which

Canadian

purchaser,

according

"acting

SEC

but
substantially the plan contemplates the following; A
spilt up of the presently outstanding common stock of the corporation
by the issuance of a 50% stock dividend.
The corporation will then
sell-150,000 shares of its
common
stock
through an
underwriting

the

"The
of

activities

necessary

corporation,

Electrical

made

was

Trust

financing

sales

Exchange and with whom Weston Electrical officials have met."

with

program

capital

the

over

of

14

1953,

will

name

Co.

178,

115,000

which,

the

and

Jan.

on

it

promote

In

P.
Gregory,'
pipeline and.

world.

export

makes

and

the

the

Failing

First

to

First

with

which

Brake,

and

unidentified

SEC—

statement

increased

Delaware

a

Weston

These

Corp.—Registers

the

expand

to

'

York.

Company.—V.

up

Jan.

on

in

subsidiaries.

Co..

New

by

alloys at its plants in Niagara Falls.
alloys are used to impart to steel
resistance, and other special

of

areas

20'

Jan.

en

company

<

announcement, Mr. Boshell said:
in 1951 to broaden both Its line

company's

new

Australia,

Corp.,
of Southern

President,

...

foreign countries."

inghouse

Vanadium

and

international

new

a

overseas.

new
company,
will be George
whose company handles oil field,

coordinate

to

Chairman

of

all

resulted

product

George

owned

the

initiated

in

11

the

of

exporter,

has

ganization

metallurgi¬

corporation

Board

formation

business in

making

national

2245.

p.

In

Plaza,

announced

was

Boshell,

the

York

markets,

is

concentrating
opening of the new

that

properties

started,

chrome-silicon

corporation

held

Postponed

United States Rubber
Co.—Has Trailer Contract—
A

Vanadium

1952

$60,833,855 $65,143,548
$305.70
$325 72

share
in

States Lines Co.—Dividend

M.

deemed
on

per

deducting

preferred

that

Webb & Knapp, Inc.—Sells, Then Leases
Bldg.—

$1 009 31

International

&

Wagenseller & Durst. Inc.___
2
Watling, Lerchen & Co.2

&

,

President

New

program,

of

phase of Vanadium's program of expan¬
for ferro alloys created by post-

for

Corp. of America

$4,550,000

Net

The

unit

tests

covering 150,000 shares of common stock (par $15) to be offered
publicly through G. H. Walker & Co., of St: Louis and New York. The
net
proceeds will be used for general corporate purposes

$

United States & International
Securities Corp.—Assets

Total

second

a

1952

$918.99

liquidation

Rouse,

Fairman & Harris,

2.5

Co,____

BUSINESS—The

$77.07

in United States

j

preferred

share

Sills,

2.5

Co._

&

49.

O.

industrial

SEC

*90,796,042 100,930,914

share

common

deduction

a

wholly

withdrawn.—V.

Off

$

assets

2.5->

-

Loewi

2.5

Inc.

Westinghouse's product line

31-

1953

'
*_

Westinghouse Air Brake Co.—Forms Export Unit—
Edward
announced

demand

been

extensive deposits

submitted

As

1".
2.5

.

Co

&

Gardner

2.5

& Co.,

Northwest
p.

&

3.5

Co

Cook

179,

offer

'gas

etc.

Trip-Charge

active

Its

Mr.
of

hotels, motels

women's
of

on

bu™h 6COpapany'3 office is located at

is

production

President.

its

Commission

are

Reinholdt

3.5

Co._

Sales

considerable

Trip-Charge is

establishments, including

actual

Theatre Guild.

meeting by increasing its capital stock
in contemplation of an
underwriting. The company is already publiclv
tela, haying over 150 stockholders, who
are
meeting Feb. 23 for the
purpose
of
authorizing
the
doubling of its present

declared,

stated

from

ore

has

dividend

havine

consolidated

The

'

mill

new

writing agreement.—V. 179,

Theatre

currently

and

new

—V.

a

Union.

operation,

adequate

services.

a

chromium

Pa

Guild-American
Theatre Society for its
legitimate theatre subscription series
This
plan has proven
tremendously successful and only serves to
point out
the
continuously growing demand for
proper
and

account

which

Cambridge,

final

a

and

Pittsburgh
France, Italy

state

every

fields

and

in

in

,

Pierce

Rauseher,

3.5

Hopwood-

<Si

Evans

r

5

Simmons

&

A.

the

in

below:

3.5

&

&

Cruttenden

panded
at

satisfy the

Rhodesia

Wagner

the

in

Vicente

in

and Graham, West Va.

The

which

tremendous task of cardholder and

tion involved

San

in

iron high strength, corrosion and heat

the

the

concentrated

has

credit

and has completed
arrangements with Personal Credit Card
London, England, to extend
Trip-Charge coverage into England,
France, Italy-. Switzerland and Western
Germany.
Negotiations for the Master Charge purchase were
completed recently
when that company's
stockholders voted outright sale of its
assets to
Trip-Charge, Inc.
Some
15,000 cardholders and
800
affiliated
res-/
taurants and other establishments
previously served by the Master
Charge firm are included in the purchase.

Credit

severally

have

warrants,

5

Co._

Co.__

&

Ellis

made.

President,

marks

Keeley,

Y.,

and

Ltd. of

Personal

&

of

5

According to F.

22

below

5

________

Walker

Blunt

center,

growth of the nation's steel-making

qualities.—V.

the assets of Master Charge,

card firm,

being

are

Scheduled for early completion

activities

to

ferrochromium

Pa.

corporation

facilities

Keeley,

center

Operation

N.

S.

alloys.

designed

Rhodesia

Inc., Pittsburgh,
Card Firm—Plans
Financing—

this

expansive

plant

C.

Vanadium

above.

Trip-Charge,

the

research

Southern
W.

Aetna

of

pilot

Through
See

of

laboratory findings will be

143,820,000

$22.17

of,

6

Inc

Inc

Jaffray

opened Dec. 1, provides 30,000
square feet of metallurgical and chemical laboratories for the evaluation

cal

$25.69

48.

p.

America—Concentrating Expanded

Starts Operation of Rhodesian Mill—

com.

$25.21

Co.,

Brothers

Cambridge, Ohio, it is announced.
Objectives
in developing new and improved Vancoram
materials, and processes; guidance and control of quality;
metals industries' technical needs; and cooperation with

raw

of

First

$

share

—V.

articles

the

%

—__

Co.

___

Piper,

at

center

1950

$

176,333,000

indicated

Co

&

Stern

university research centers.

World

1953

assets.,

&

Becker'

Clement

1569.

p.

i

nam<-d

exercise

upon

Peabody & Co
16.5
Wright, Snider Co.
5

Prescott.

include services to customers

sion

$176,333,000—

$
Total

activities

research

new

research

Tri-Continental

percentages

for

-

Jr.,

and its subsidiaries, Toklan
Royalty Co., totaled 1,033 barrels of oil
gas.
Royalty and working interests are

Fidelity

cubic

part,

growing

oil for domestic consumption.

and

1,249

252,245

$0.28

Bryan,

Average dally production of the
Production

$1,271,482

share——

common

decline,

1952

$1,162,000

;

_____

Net earnings

amend

to

Research Activities—

243,050

Gross revenues

Earnings

Vanadium Corp. of

voted

underwriters

subscribed

-

Curtis

49.

p.

not

are

Newhard.

Royalty Corp.—Earnings Decline—

Year Ended Nov.

450,000 shs."

agreed to purchase from the company such shares of additional capital

Pacific

Toklan
Fiscal

stockholders

Paine, Webber, Jackson &

has placed privately with the Massachusetts Mutual Life
Insurance Co. a $1,800,000 5% note due 1965.
The

Outstanding

per

McDonald

liquidate, merge

the

1953

\

FINANCING

PRESENT

TO

600,000 shs.

McCormick & Co.-

assets.

"There is

EFFECT

1953.

A.

Universal Pictures Co., Inc.—Exchange Offer—

Shipyards Corp.—Denies Rumors—

GIVING

reduce the par value of the authorized shares from
share, to increase the number of authorized shares from
200,000 to 600.000, and to incrase the number of outstanding shares"
from 150,000 to 300,000.
These changes became effective on Dec. 4,

Geyer

Todd

and

lines,

$5)__J

(par

2,

$10 to $5

stock

assistance.

dealers

178,

allied

fidelity and surety bonds,
in the investment and rein¬

incorporat'on to

this

of

United States Steel Homes, formerly Gunnison Homes; Inc., is the
prefabricating housing subsidiary of United States Steel with plants in
New Albany, Ind., and Harrisburg, Pa.
Gen. John J. O'Brien, its Presi¬
dent, stated that the housing company's products are
distributed
States.—V.

and

is

Authorized

corporation, organized for
the purpose of assisting and financing the products of United States
Steer Homes, Inc.,
was
announced on Jan. 20 by Clifford F. Hood,
President.
Mr. Hood stated that the new organization, which will be
in operation about April
1, will offer mortgage financial assistance,
including construction financing, to builders of United States Steel
who

Co.,

assets.

CAPITALIZATION

Corp.—New Unit to Offer Mort¬

subsidiary

new

a

Insurance

_

Financial Assistance—

gage

homes

''

(Hamilton) Ltd.—Stock Delisted—

company have
Stock Exchange

issued

San

Sept.

this

Toronto

of

of

Textron

109.

p.

Theatre Properties
shares

Co.

exceeded

ended

i

The

United
that

announced

airborne, radar
sales

Co.

12

Dalmo

which

year

Dalmo Victor

Jan.

on

the

and

fiscal

recent

The

stock

producer

,

defense

on

m,ost
of

all

Chairman,

<

insurance, miscellaneous casualty insurance,

Capital

Royal

with
its wholly-owned
subsidiary,
The
engaged in. the writing of automobile

company

camp

any

unsubscribed stock is to be offered to the pubile,

PROCEEDS—The

net

proceeds

will

be

used

to

provide

additional

capital funds needed for future growth of the
company.
Net premiums
increased from $4,510,000 in 1943 to an estimated
$29,100,000

Worthington Corp.—Private Placement—The corpora¬
tion in December took down the final $10,750,000 under
a

made

written

for

1953.

$25,000,000 loan agreement with the Metropolitan Life
dated June 24, 1S53. The borrowing was

Insurance Co.

The
in

on

a

3%% note due July 1, 1975.

proceeds

ftnanrp

are

to

pvnnnsinn—V

be

used

17H

n

to
1 OP

retire

$8,250,000

bank

loans

and

(443>

55"

STATE AND CITY DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS

ALABAMA

San

Francisco,

Birmingham, Ala.
Bond Offering — A. C. Mont¬
gomery, Chairman of the Board

Inc., Kalman

of

E.

■

Water

Works

Commissioners,

will receive sealed bids until

(CST)
of

Feb. 10 for the purchase

on

$4,000,000

une

noon

water

supply

bonds, series B.

1, 1954.

Due

to

reve-

Dated

Jan.

Paul,

Principal and
interest (J-J) payable at the First

National Bank of

Birmingham; at

the principal office of the Birm¬
ingham Trust National Bank,

Birmingham,
Bank

&

at

or

Trust

the

Co.,

Miller, of Pasa¬
dena, and C. N. White & Co., of
Oakland.

County (P.
Ashville), Ala.

O.

The

$300,000

19—v. 179, p. 50—were

awarded to

Sterne, Agee & Leach,
Birmingham, at 100.13.
,

■of

ARIZONA

Tucson, Ariz.
Offering—Ivan R. Haw¬
kins, City Clerk, will receive seal¬
Boild

ed bids until 4 p.m.
(MST) on
10 for the purchase of

Feb.

$3,110,000

water

bonds.

revenue

March

1.

Dated

1953.

Due on March 1
from 1956 to 1983 inclusive. Bonds

maturing

in

1964

callable

are

Interest

and

of

as

March

,1,

100.15,

'bids
1

until

for

will

3

receive

sealed

(MST) on Feb
purchase of $400,000
p.m.

the

-dormitory revenue bonds. Dated
July 1, 1953. Due on July 1 from
-1956

to

1993

maturing

in

callable

are

inclusive.

1964

and

19—v.

awarded

&

Co.,

Bonds

Feb.

on

Sch.

1

clusive.

Dist.,

from

Principal

ARKANSAS

were

Jan.

178,

2621-

p.

and

County Flood Control

Water Conservation

Zone

Dist.,
(P. O. Oakland),

2

Centerville

Union

Fresno

control

and

$1,000,000 flood
improvement bonds

offered

Jan.

21—v.

awarded

headed

by the

National

ciation,
100.06,
3.33%,

a

10:30

1955

Bank
&

bonds.

of

Dist.,
Calif.

(M-S)

in

Fresno, until

on

Feb. 1 for the

$78,000

Dated

March

inclusive.

building

March

1

from

1,

payable

1954. Due

1955

Principal

Treasurer's

to

1974

and
the

at

interest

and

of

America

Asso¬

to

Due

to

on

1959

1

from

office.

on

Feb. 1 from

inclusive.
on

Feb. 1,- 1954

1965.

105,000 3s.

Due

on

1966'

1968

inclusive.

to

175,000 3!4s.

Due

on

Feb.

1

from

Feb. 1 from

1974

Other

to

Due

1984

Feb. 1 from

inclusive.

members

American

on

of

the

San Bernardino

County, Calif.

Bond Offering—Daniel B. Mdli-

1

Trust

Co., Blyth & Co.,
all of San Francisco, Harris Trust
& Savings Bank, of
Chicago, R. H.
Moulton

&

for

Dry Creek

of

sealed

Los

Co.,

Weeden

&

Dean Witter &

Co.,

Co., Merrill Lynch,
Pierce,-Fenner & Beane, kaiser
& Co., Stone & Youngberg, all of




Feb.

on

from

15

1973 inclusive.

on

Sale—The

50—were

the

Union

School

District,

County, Calif.

Sale—The $116,000

build¬

Sale—The

Bond

bonds

awarded

Pismo

ty Treasurer's office. Legality ap¬
proved
by Tallmadge &
Tallmadge, of Denver.

p.

the

248—were

School

Richmond

1959

follows:
Feb. 1 from

inclusive.

Due

on

San
Bond

Union

High

Offering

School

by

the

$500,000

follows:
March

Dist.,

Stockton,
.Tan.

25

from

1955

to

1971

un¬

15

Principal and interest (J-J)
payable at the County Treasurer's
office. Legality approved by Or¬
rick, Dahlquist, Herrington & Sut¬
cliffe, of San Francisco.
Grant

office

in

March

March

1,| 1974 and

1975.

Principal and interest (M-S) pay¬
County Treasurer's of¬
fice.
Legality approved by Or¬
rick,
Dahlquist,
Herrington
&
Sutcliffe, of San Francisco.
able at the

!

to

to

Trust

interest.

Co., Chicago, Dean Witter & Co.,
Francisco, and H. C. Speer
& Sons Co., Chicago, was awarded
14 an issue of $2,675,000
building bonds as 3s, at
101.75, a basis of about 2.86%:;
Dated Feb. 1, 1954.
Due on Jan.
Jan.

on

school

1 from 1960 to 1973 inclusive.

terest J-J.

In

¬

Legality approved by'

and

Jasper Counties,*

Bond Sale—An issue of

■

4

$125,000

sold to the
White-Phillips Co., Davenport, as
bonds

building

was

3s, 3V4S and 3V2S. Dated Dec. 15,t
1953. Due on Jan. 1 from 1955 to
1969 inclusive.

Interest J-J.

Le¬

gality approved by
Charles
Trauernicht, of St. Louis.

Mount

County,

as

Bank

2x/2s,

from

and

to

$125,000

March

on

due

1962

15

from

2.60%,

15

from

1955

to

to

15

from

1958

$120,000

&'

1974

Castle

2VzS,

and

March

$75,000

15 from

on

1961

due
2%s,

1970 to

ton

Trust

28

the

for

building
1954.

Bldg.,

p.m.

bonds.

Due

interest

(M-S)

Farmers

March

Dated

March

on

inclusive.

1969

to

Wilming¬
(EST) on Jan.
purchase of $280,000

1, until 8

Bank

of

1973

1

Principal

payable
the

of

1,

1955

from

and

&

Wilmington, Del.
Offering

City

Abrahams,

sealed

receive

the

for

Alexander R.

—

until

purchase

various

will

Treasurer,

bids

municipal

Feb.

24

$4,380,000

of

the

group:

improvement

Co., Merrill Lynch, Pierce, Fen¬

Beane, all of San Francisco,

from

1955

to

*

Clair

>

.

County, Signal Hill Sch.
181 (P. O. East
St. Louis), III.-

Dist. No.

Bond Sale—The $250,000 build¬
ing bonds offered Jan. 19—v. 179,
p. 248—were awarded to Dempsey-Tegeler & Co., St. Louis, and
Paine, Webber, Jackson & Curtis, *
of Chicago, jointly, at 100.55.

Whiteside County (P. O.

Morrison), III.
Bond

Offering

—

W. F. Hauck,»

County Superintendent of High-,
ways, will receive sealed bids unT
til 10 a.m. (CST) on Feb. 4 for
the purchase of $250,000 bridge
bonds. Dated Jan. 1, 1954. Due on
from

1955

to

1970

inclu¬

Dec.

1

sive.

Principal and interest (J-D)

a Chicago bank or trust
mutually acceptable tp
the County and the purchaser. Le¬

payable at
company

bonds.

gality

approved by
Cutler, of Chicago.

FLORIDA

Chapman

&

Daytona Beach, Fla.
Bond

INDIANA

Offering—Rhea B. Mordt,

City Clerk and Collector, will re¬
ceive'

(EST)
of

bids

sealed
on

until

11

water

bonds.

Due

Jan.

and

sewer

Dated Jan. 1, 1954.

to

1989

inclusive. Bonds maturing in

1962

on

1

therearter

Jan.

1,

from

are

1955

callable

Columbus,

a.m.

Jan. 26 for the purchase

$5,330,000

revenue

as

bonds offered Jan.
2621—were award- ed to Julien Collins & Co., of Chi¬
ipal

garage

18—v.

cago,

178,

as

Beach,

p.

IV2S, at 100.11, a basis of

1.47%.

about

of
IOWA

1961, Principal and inter¬

National
or

Bank

at the

of

Cedar
Bond

Daytona

Marine Midland

Trust Co., New York

City.

Ind.

Sale—The $65,000 munic¬

Bond

(J-J) payable at the First At¬

lantic

Co., of San Fran¬
Harris Trust
&
Savings
of Chicago, Blyth & Co.,
R. H. Moulton & Co., Weeden &
Co., J. Barth & Co., Dean Witter

1

,,

St.

of

Washburn, of New York City.

Bond

bonds.

inclusive.

Dec.

bonds are
dated
Feb." 1,;
Principal and interest (J-D)
payable at a bank mutually ac¬
ceptable to the District and thd
purchaser. Legality approved by
Chapman & Cutler, of Chicago.
4

the

at
State

*

1

The

Delaware, Wilmington.
Legality
approved by Reed, Hoyt, Taylor

and

inclusive.

members

on

Trustees, will receive sealed bids
at the office of John W. Bader, 614

cisco,
Bank,

&

Hill-

Rose

Board of School

of the

Dec.

1954.

Offering—Ervin S. Jester,

Chairman

est

&

County,

building

Due

Delaware,

(P. O. Wilmington), Del.
Bond

American Trust

ner

of

on

1955 to 1959 inclusive.

as

March 15 from 1962 to 1969

inclusive;

Other

State

Due

school

425,000

Farmers

Minquadale Sch. Dist. No. 47

on

1957

March

on

the

of

from

interest

and

the

at

inclusive.

$45,000 4V2S, due

inclusive;

due

Principal

bonds.

ment

1974

1955 to

burn, of New York City.

on

1961

due

on

15 from

payable

1957

inclusive; $60,000 2s,

10

on

to

1958

interest cost of about

Sacramento

a.m.
(PST) on Jan; 27
purchase of $38,000 build¬
ing bonds. Dated March 1, 1954.

15

1974

follows:

for the

Due

Dis¬
net in¬

1955

from

inclusive;

1970 to

Union

his

(F-A)

300,000 Union High School Dis1
trict bonds at 100.09, a net

County Clerk, will receive sealed
at

America

2.60%,

$200,000

2%s, due

High Sch. Dist.,
County, Calif.
Bond Offering — C. C. LaRue.
bids

of

School

from

March

1969

for

inclu¬

awarded

$75,000 4V2S, due on
15

March

$620,000 building
bonds. Dated Jan. 15, 1954. Due on
15

Bank

bonds

inclusive; $100,000 2s, due

■

the purchase of
Ian.

inclusive.

New

p. 248—
syndicate

a

terest cost of about

inclusive;

(PST^

179,

to

Feb.

on

Industrial

$800,000

Elementary

on

a.m.

Due

Calif.

Districts, Contra

19—v.

bids at his office in
11

Luis

County, Calif.

Jan.

County Clerk, will receive sealed
til

San

National Trust & Savings Associa¬
tion, of San Francisco, as follows:

R. E. Graham,

—

&

White,

(P. O. Oblong), III.

Legality approved
by Reed, Hoyt, Taylor & Wash¬

trict bonds at 100.09, a

Joaquin County, Calif.

group

Trust

San

.Wilmington.

District,

awarded

headed

Feb. 1 from

School

were

America

Savings Associa¬

Sale—The

Bond

1960 to 1979 inclusive.

Escalon

18

of

County,

Costa

offered

to

Jan.

Bank

build¬

ings Association, of San Francisco.

were

as

Castle

|

composed
Savings Bank,
Weld
&
Co.,
Hornblower
&
Weeks, both of
New York City, John Nuveen &
Harris

Chicago,

an¬

19—

DELAWARE
New

Sale—A

Oblong Consol. Sch. Dist. No. 7

Hartford-Connecticut

America

.

County Community High Sch.

Crawford

$400,000 tax

Co., Hartford, at 1.10%

group

basis of

a

'

.

Chapman & Cutler, of Chicago.

Note Sale—The

p.

100.11,

Dist. No. 220 (P. O. Oaklawn),Illinois

of

Torrington, Conn.

50—were awarded to the Bank

Youngberg,

1955

of

Cook
s-

CONNECTICUT

Bond Sale—The $76,000 build¬
ing bonds offered Jan. 18—v. 179,

Savings Asso¬
ciation, Lawson, Levy & Williams,

on

the

Obispo

&

Due

a

tion, of San Franicsco.

Trust

$20,000 3V4S.

to

to

build¬

$80,000

offered

to

National Trust &

composed of the Bank of America

3.49%,

1955

1, 1963. Principal and in¬
terest (M-N) payable at the Coun¬

179,

2 %s, at

as

Pleasant Special Sch. Dist.
Trust & Savings Asso¬
Lake County Sch. Dist. No. 65
(P. O. Wilmington), Del.
ciation, Lawson, Levy & Williams,
(P. O. Lake Bluff), III.
Bond
Stone & Youngberg, all of San
Offering — Clayton K.
Bond Offering—Mary R. DanFrancisco, and C. N. White & Co., Black, President of the Board of
gremond, Secretary of the Board
Oakland, as 3s, at 101.52, a basis Education, will receive sealed bids of
Education, will receive sealed
of about 2.90%.
in care of Robert V. Huber, 218
bids until 8 p.m. (CST) on Feb.
North American Bldg., Wilming¬
1
for the
purchase of $450,000
Paso Robles
Union Elem.
School ton, until 11 a.m. (EST) on Feb. 1
bonds, divided as follows:
Disttrict, San Luis Obispo
for the purchase of $800,000 build¬
County, Calif.
ing bonds.
Dated Feb. 15, 1954 $25,000 school house site improve-

National

cost of about

Bank

1 from

of Nov.

of America National Trust & Sav¬

ing bonds offered Jan. 16—v. 179,
50—were awarded to a group

&

awarded

of

Nov.

2621—were awarded to

p.

the First National Bank of O'Fal-

Bond

1973 inclusive. Bonds maturing in
1964 and thereafter are callable as

v.

178,

v.

National

until

purchase of $1,-

$32,000

ILLINOIS

Caseyville, III.
Bond Sale—The $45,000 general
obligation bonds offered Jan. 7—

Colo.

ticipation notes offered Jan.

Carnitos Elem. School District,
San Mateo County, Calif.

Bond

Schools,

bids

p.

until

group:

1953. Due

and C. N. White & Co.

Sacramento

1969 to 1973 inclusive.

385,000 3t2S.

1969 to

ing

sive.

inclusive.

Due

1963

Feb.

Feb. 15, 1967

on

1968.

575,000 3s. Due

County

Chaffey Union High Sch. Dist.,

syndicate

Savings

65,000\234S. Due
-

a

follows:

120,000 212S.

.

interest

Sch.

County,

(PST)

a.m.

purchase
on

147

p.

of
San
Francisco,
at
net interest cost of about

as

1960

179,

to

Trust

$150,000 4s.

.

in¬

Bond Offering — J. L.
Brown,
County Clerk, will receive sealed

96,000 3V2S.

California

were

and

composed

Bond Sale—The

,

1974

all of San
Francisco, and C. N. White & Co.,
Oakland, at 100.009, a net interest

CALIFORNIA
Alameda

230,000 23/4s. Due

Stone

19—v.

rejected.

Feb. 15 from

on

inclusive.

Counties
(P. O.

28

Bond
Offering — Virginia F.
Woolman, Secretary of the Board
of Education, will receive sealed
bids until 4 p.m. (MST) on Jan.
27 for the purchase of $2,000,000
building bonds.
Dated Nov. 1,

ing bonds offered Jan. 19—v. 179,

Fresno

Batesville, Ark.
;
; Bonds
Not Sold—Bids for the
$420,000 sewer revenue bonds of¬

1966

p.

Bond

-

to

000,000 school bonds.

Chicago.

Feb. 15 from

on

inclusive.

1962

to

Los

about 2.73%.

Arapahoe

Aurora),

cisco.

Le¬

fered

1959

and

inclusive.

(F-A)
payable
at
the
County
Treasurer's office.
Legality ap¬
proved by Orrick, Dahlquist, Herrington & Sutcliffe, of San Fran¬

tional Bank, New York
City.

&

1958

460,000 2V4S. Due

147—

p.

and

March

Chapman

to

of

lon,

Joint Sch. Dist. No.

from

15

Mendocino

1955

Na¬

Cutler, of

1955

Feb.

Co.,

COLORADO
Adams

on

&

at

Other members of the syndicate:
Blyth & Co., Inc., Harris Trust and
Savings Bank; Weeden & Co.;
County, Calif.
Merrill Lynch, Pierce, Fenner &
Bond Offering—W. J.
Broaddus,
County Clerk, will receive sealed Beane; William R. Staats & Co.;
J. Barth & Co.;
bids at his office in
Shearson, HamUkiah, until
mill & Co.; Lawson, Levy & Wil¬
2 p.m.
(PST) on Feb. 1 for the
liams;
Gross,
Rogers,
Barbour,
purchase of $43,000 building
Smith & Co.; Stone &
bonds.
Dated Feb. 1, 1954.
Youngberg;
Due

Calpella

Chase

by

Francisco,

basis of about 3.47%.

a

receive

approved

San

follows:

1963 to

178,

Superintendent

gality

of

Staats

Co., of Oakland.

net interest cost of about

$460,000 4s. Due

Dempsey-TegeAngeles, as 3%s,

will

at the

as

to

Los

ken,

or

2.80%,.

$45,000 rede¬
revolving fund bonds

Jan.

100.13,

thereafter

Valley National Bank

Phoenix,

a

Sale—The

velopment
offered

able at
of

100.13,

460,000 2V2S. Due

days' notice.
Principal and interest (J-J) pay¬
the

America National Trust & Savings

Calexico, Calif.

30

on

County, Calif.

bids at his office

Tucson), Ariz.
Offering — William R.
Matthews, Secretary of the Board

50 —were awarded" to a
headed by the Bank of

p.

group

basis of about 2.21%.

a

Bond

1963.

Bond

Regents,

179,

Co.,

M-S.

University of Arizona (P. O.

of

—

R.

Angeles, John Nuveen & Co., of
Chicago, Kaiser & Co., Lawson,
Levy & Williams, H. E. Work &
Co., Stone & Youngberg, all of
San Francisco, and C. N. White &

—

thereafter

Legality approved
by Chapman & Cutler, of Chicago.

■

Bond
Sale
The
$2,300,000
building bonds offered Jan. 19—v.

247—were awarded to Blyth &
San Francisco, "as 2V4S, at

p.

at

capital outlay school warrants of¬
fered Jan.

District,

The $72,000 buildoffered Jan. 18—v. 179,

bonds

ler

•

—

School

San Bernardino

were

Clair

Sale

Union

Bond Sale
'ng

District, Calif.

Association,

Barstow

York

City. Legality approved by Wood,
& 'Dawson, of New York
City.

Warrant

Co., of Los Angeles, H.
Francisco,

William

Grossmont Union High School

Chemical

New

King

St.

&

Work & Co., of San
Jones Cosgrove &

July 1 from 1955

on

& Moody,
Co., both of St.
Rogers,
Barbour,

Gross,

Smith

inclusive.

1991

Juran

&

Legal¬

sewer

21—v.

to

a

Rapids, Iowa

,

Sale —The

revenue

$1,000,000
bonds offered Jan.

148—were awarded
headed by The First
Corp. and Salomon Bros.

179,

p.

group

ity approved by Mitchell & Per¬

Boston

shing, of New York City.

&

Hutzler,

both

of

New

York

56

City,

2Vss, at 100.75,

as

>about

MASSACHUSETTS

basis of

a

members

the

of

group:

A. G.

Becker

cago,

Dean Witter & Co., of San

& Co.,

Inc., of Chi¬

Francisco, Burns, Corbett & Pickard, Inc., McMaster Hutchinson &

Co'r, both of Chicago, and the First
of Iowa

Corp., of Des Moines.

Sale—The $195,000 school

Bond

building

Note

bonds offered Jan.

19—

offered

p. 148—were awarded to
White-Phillips Co., of Daven¬
port, at 100.008, a net interest cost
of about 2.31%, as follows:

$95,000

2s.

Due

Dec.

on

Corp.,
Co.,

Due

1965 to 1967 inclusive.

70,000 2V2S.

Due

Dec. 1 from

on

Consolidated Sch.

Dist.,

Iowa

Boston

O f f

e r

i

plus

The

notes

and

Trust Co.,

interest,
Jan.

Nov.

on

City,

Bank,

dated

are

and mature

Metropolitan

(P.

26,

1, 1954.

District

O. Boston), Mass.

Offering—Henry G. GomChairman of the Board of

perts,

Trustees, will receive sealed bids
until 11 a.m.
(EST) on Jan. 29
the
purchase of $3,063,000
bonds, divided as follows:,

$2,05.9,000 series A bonds. Due

offered

1, 1954.
Due
semi-annually from Nov. 1, 1955
1, 1973 inclusive. Legality
approved by Chapman & Cutler,
of Chicago.
Community Sch. Dist., Iowa

from

1

1962

March

1980

able

March

series

March

1

C

on

1984

maturing in

thereafter

of

as

to

call¬

are

1, 1979.
Due

1955

on

1964

to

and

1954.

dated

are

March

Principal and interest

25

the

for

purchase

of

KANSAS

Bond

sealed

Clerk,

bids

Jan.

until
for

26

J.

will
10

Whit¬

receive

purchase

of

$360,000 general obligation sewer
treatment plant and sewerage im¬
bonds.

provement

1,

1954.

1955

Due

to

Dated

March

March

on

from

1

1974

inclusive.
Principal
(M-S) payable at the
State Fiscal Agency, Topeka. Le¬
gality- approved by Stinson, Mag,
Thomson, McEvers & Fizzell, of
Kansas City.
and interest

Smith* County
No.

Common Sch. Dist.
(P. O. Smith Center),

4

Kansas

Bond

1.90s,

100.21,

The
1954.

179,

50

Fort

!

Bond

p.

Jan.

a

&

Burr,

100.57,

18—v.

Fox,
both

a

of

tax

p.

a

Bank of Boston, at

Nov.

Note

school
offered

2621—w ere
composed of

& Co., Pohl

the
at

Jan.

receive

sealed

W. P. Curlin,
Highways, will

—

bids

until

19

The

notes

were

10

a.m.

(CST) on Feb. 9 for the purchase
$5,200,000
bridge revenue
bonds, Project 19. Dated Jan. 1,
1954. Due Jan. 1, 1984. Callable as
of Jan. 1, 1956.
Legality approved

by Chapman & Cutler, of Chicago.

p.

2.10s, at
2.06%.

Bonds Not

Amite),

29,

$300,000 school

249—wepe

Jan.

18—

awarded

to

&

100.33,

basis of

a

about

Note

Sale—The

offered
the

Jan.

19

Merchants

were

notes

awarded to

National

Boston, at 1.04%

Bank

of

discount.
dated

are

on

Jan.

19,
Nov. 16, 1954.

Dists.

MICHIGAN

bids

Ann

were

Arbor, Mich.

sewer

bonds

179,

148—were awarded to Mc¬

Jan. 19—v. 178,

Donald-Moore

2622.

Mont¬

gomery, Town Clerk, will receive
sealed bids until 2 p.m.

(CST)

Feb. 2 for the purchase of

$225,000

as

water

works
.

-

on

*

improver

.

225,000 fire protection bonds.
Each issue

1955

to

1979

is due

serially from

inclusive.




18—v.

Co., of Detroit,

$15,000 special assessment bonds:
$7,500 l3/4s, due on Aug. 1
from

$450,000

follows: ;

ment bonds.
;

&

sahitary

Jan.

100.008, a net interest of about
1.55%, as follows:

Offering—Roy T.

bonds, divided

offered

at

Winnsboro, La.
Bond

Bond Sale—The $87,000

p.

and
•

1

1954

to

1956

inclusive;
$7,500 IV2S, due on Aug.

from 1957 to

1959 inclusive.

72,000 general obligation bonds:
$36,000 l34s, due on Aug. 1
from
and

1954

to

from

dated

1956

inclusive;

$36,000 IY2S, due

on

Aug.

1 from 1957 to 1959 inclusive.

accord¬

are

troit.

a

expected
to
be
on Nov. 1, 1957.

&

Paddock

field,

Royal Oak Township (P.O.
Royal Oak), Mich.

4

{

$250,000 water

Sale—The

Bond

disposal sys¬

and sewage

supply

14

bonds offered Jan.

tem revenue

as

of June

Flint, Mich.
Bond

maturing

in

callable

are

1958

and

thereafter

Fe^

of

as

L

1957.

Principal and interest (F-A) pay¬
able at the Chase National Bank,
New
Yorw
City.
Legality ap¬
proved by Berry, Stevens & Moor¬

and

off

Sale—The

20

—

awarded

paving

all

revenues,

of

B

the

State law,

the Mackinac

all

on

Authority bonds, any ex¬
not cared for by the High¬

penses

MINNESOTA

&

Co., of Detroit.

for such purposes.

reserves

Indep. Consol. Sch. Dist.

Joint

Minnesota

Offered—An

urities Corp., Allen & Co., A. C.
Allyn & Co., Inc., and Stifel, Nico-

Offering—A. B. Borchert,

Bond

District

until

bids

from
1957
to
1979 inclusive.
estimated by the 1
engineers
at
$5,935,000, Bonds maturing in 1972 and there¬
with a gradual growth thereafter after are callable as of Feb.
1,
to $10,851,000 in 1974, the year in 1971.
Principal and interest pay¬
which the Series A bonds are ex¬ able at a banking institution de¬

pected

to be finally retired from
redemption funds.
call

bonds

at

by

prices which range down¬
from

ward

redeemable

are

108%,

by

or

market

signated by the successful bidder.

Legality
approved
by
Dorsey,
Colman, Barker, Scott & Barber,
Minneapolis.

of

Dakota

Among

other

members

underwriting syndicate
Haupt & Co.; Hayden,

of

Minnesota

Ira

Dempsey-Tegeler & Co.; R. W.
Pressprich & Co.; Dean Witter &
Co.; Bache & Co.; Dempsey &

Company; Francis I. duPont &
Co.; Johnston, Lemon & Co.; Wm.
E.

Pollock & Co., Inc.; Reynolds
Co.; Salomon Bros. & Hutzler;
Townsend, Dabney & Tyson;
Tripp & Co., Inc.; Auchincloss,
&

Bond

Redpath; Gregory &
Son Incorporated; The Ohio Com¬
pany; McDougal & Condon, Inc.;
Hayden, Miller & Co.; DeHaven

Co., J. M. Dain & Co., all of Min¬

neapolis, Shaughnessy & Co., St.
Paul,
Woodard-Elwood &
Co.,
Minneapolis, and Caldwell, Phil¬
lips

Merrill,

Clayton

Turben

&

Securities

Wm. P. Harper
& Son & Co.; W. E. Hutton &
Co.;
Mason
Hagan, Inc.; Mullaney,
Wells & Company; Roosevelt &
-

Cross

Incorporated;

Walker &

Co.

G.

and

H.

_

Co., Inc., made public of¬
Jan. 18 of $79,800,000
bridge revenue bonds, series
The bonds

are

1, 1953 and mature
and

were

dated July

Jan. 1, 1994

on

awarded

to

a

group

comprising the four co-managers
on Dec. 17 last, along with an is¬
sue
of
$20,000,000 5Y4% bridge
revenue

bonds, series B, also due

Jan. 1, 1994.
No public offer¬
ing of the series B bonds is con¬
templated for the time being.
on

Authority
instrumentality
of the State of Michigan; the State
has
appropriated funds
from
Highway Department revenues in
is

an

agency

and

Meridian

1965 to 1968 inclusive.

2.60s.

120,000

Township

(P.

Hennepin -County -Joint Indep,
Sch. Dist. No. 142 (P. O.

Bloomington), Minn.

Sale—Th^

Bond

Water

000

bonds.

revenue

1953.

Due

1983

to

Supply

System

Dated

April

on

inclusive.

1

p. 249—were awarded to Harris,
Upham & Co., New York City, as

2'/4s, at par.
County Indep. Sch. Dist•

Kittson
No.

(P..O. Kennedy), Minn.

3

Sale—The $150,000

Bond

1,

construction

of

a

.

The

/bridge

will

t

be

the

sole

vehicular crossing of the Straits of

M.

J.

to

Co., of Minneapolis.
Minn.

Offering

City

—

Paul A.

on

No.

Dec.

Callable

Datfed Feb.
from

Clerk,

1, 1954. Due on Feb. 1
1965 inclusive. Prin¬

1956 to

1

cipal and interest payable at a
1, banking institution designated by
the suuccessful bidder.
Legality

1956
as

of

1956.

terest

Consol.
Nashville-W.

Kellogg Rural
Agricultural School, Sch. Dist.
(P. O. Nashville), Mich.
Bond

Offering

Montgomery,

—

Gertrude

of

Board

0(00

on

H.

the.

(EST)

for the purchase of

obligation

Dated

Feb.

1,

149—were awarded to the Alli¬

p.

son-Williams
as

Co., of Minneapolis,
2.40s, at 100.02, a basis of about

2.39%.

a

bank

or

(A-O)

trust

'

<V

payable

to

Redwood

'-'Yellow Medicine and
Counties Joint Indep.
Sch.

Due

company

'

.

•

on

$35,-

building:
1954.

Bond Sale—The $50,000 build¬
ing bonds offered Jan. 18—v. 179,

April 1 in 1955 and 1956. Prin¬

cipal and interest
at

of

Education, will receive

general

bonds.

Secretary

152

School District No.

(P. O. Nerstrand), Minn.

K.

Jan. 28

finance

awarded

149—were

p.

Dain &

Cook,

from

sealed bids until 8 p.m.

to

build¬

ing bonds offered Jan. 20—v. 179,

approved by Briggs, Gilbert, Mor¬
Principal and in¬ ton,
Kyle
<Sc
Macartney,
and
(A-O) payable at the De¬
Moody & Springsted, both of St.
troit Trust Co., Detroit. Legality
Paul.
approved b,y Berry,
Stevens &
Rice and Goodhue Counties Joint
Moorman, of Detroit.

April

the Series A and B bonds will be
used

$100,000 build¬

ing bonds offered Jan. 20—-v. 179,

Certificate

Lansing), Mich.

retired, subject to a
limitation of $417,000 in any year.
Net proceeds from the sale of

vehicular bridge across the Straits
of Mackinac.

i

205,000 2,80s.
Due, on Feb, I
from, 1975 to 1984 inclusive,

O.

$285,-

of operating, repairing and
maintaining the bridge until the<

,

,

Feb.

on

1974 inclusive.

1

sealed bids until 8 p.m. (EST)
Feb. 3 for the purchase of

penses

are

Due

from 1969 to

will receive
sealed bids until 8 p.m. (CST) on
Bond Offering—C. B. Robinson,
Feb. 8 for the purchase of $190,Township Clerk, will receive
000
certificates of
indebtedness.
East

sufficient amounts to pay all ex¬

bonds

Due on Feb. 1 from

80,000 2'/2s.

Moorhead,

on

price of 99 and accrued in¬

Due on Feb. 1 from

1964 inclusive.

1956 to

Co.;

Corporation;

about

of

$180,000 21/4s.

-

&

at par, a net
2.66%, as

Paul,

St.
cost

follows:

of Chicago;

pany

Co.,

interest

&

Townsend, Crouter & Bodine;
Byrne and Phelps Inc.; Cruttenden
&
Co.; Foster &, Marshall;

build¬

Sale—The $585,000

ing bonds offered Jan. 19—v. 179,
p. 149—were awarded to a group
composed
of the
Northwestern
National
Bank, Allison-Williams

&

Robinson

40

the

are:

Stone &
Co.; Hirsch & Co; Jones, Kreeger
& Hewitt; W. C. Langley &
Co.;
Blair, Rollins & Co. Incorporated;

Parker

County Indep. Sch. Dist,
(P. O. Farmington),

No.

laus &

a

-

operation—are

Dreyfus

underwriting
syndicate
of
ap¬
proximately 160 members under
the co-management of Union Sec¬

4%

-f

(P. O. Mapleton),

105

No.

4 for the

Co.; Eldredge & Co.
Mackinac Bridge Authority, Mich. Incorporated; The First Cleveland
Corporation; First Securities Com¬

fering

Faribault Cpiwf/e|

Blue Earth and

Clerk, will receive sealed
2 p.m. (CST) on Feb.
purchase of $565,000 gen¬
Net toll revenues of the bridge eral obligation
building bounds.
during 1958—the first full year of Dated Feb. 1, 1954.
Due on Feb.
Department, and the creation

way

of

Humphrey Com¬
$54,000 special' pany, Inc.; Scott, Horner & Mason,
bonds offered Inc.; Talmage & Co.; Green, Ellis
p. "148 — were & Anderson; At will and Company;

Publicly

p.

fully paid

Bridge Authority must charge suf¬
ficient
tolls
to
provide for the
payment of principal and interest

The

McDonald-Moore

to

.

179,

v.

Series

by 1974.

Under

porated;

Jan.

the

over

Leedy, Wheeler & Alleman Incor¬

of Detroit.

man,

priority

Series A bonds will be

1,

in 1958 and

callable

179,

v.

ed

purchase.
Feb.

The Mackinac Bridge

submitted
for the
various road
•district bonds aggregating
$186,000
which were offered for sale on
p.

1

Dec.

Stevens & Moorman, of Detroit.

terest.

$1,000,000 notes

is

The Series A bonds

The

and
interest
the
Citizens
Commercial
and
Savings Bank.
Flint. Legality approved by Berry,

A, at

La.

Sold—No

to

Somerville, Mass.

The

Road

Oct.

on

offered

1954 and mature

Parish

O.

awarded

Co., and R. L. Day
& Co., both of Boston,
jointly, as

LOUISIANA

(P.

notes

Nahant, Mass.

179,

from

1

1,
1956. Principal
(J-D)
payable
at

assessment

$800,000

mature

bonds

Dec.

Holland, Mich.

Sale—The

project

improvement

improvement

on

are

are

Bonds

Bond

Due

bonds

thereafter

1.25% discount.

1954.

of

Tangipahoa

4

discount.

Estabrook

of

at

Security Trust Co., of Lynn,
1.04%

v.

*

Bond Offering

The

5, 1954.

Sale—The

offered

on

1954 to 1958 inclusive.

Co.,

&

Fort Thomas, as 3s, at
basis of about 2.96%.

•Commissioner

1.90s,

as

bridge

to

Ignace, Michigan,
nearly five miles.

of

opened to traffic

1958 inclusive.

to

sidewalk

Bond

Kentucky (State of)

X»

Boston,

Due

bonds.

from 1955 to 1983 inclusive. Bonds

$500,000
anticipation notes was sold on
19 to the National Sfrawmut

Cincinnati, and Highland

of

100.28,

of

to

Lynn, Mass.

bonds

group

Reusch

J3ank,

« <

178,

to

awarded

75,000 water main

Coffin

sewer

20—v.

basis of about 1.79%.

a

from

1

Dec.

179,

$80,000

Jan.

improvement

on

1958 inclusive.

Offering—Harry K. Cull,
City Clerk, will receive sealed
bids until 8 p.m. (EST) on Feb. 1
for the purchase of $900,000 water
supply
system
revenue
bonds
Dated Jan. 1, 1954. Due on Feb. 1

Note Sale—^An issue of

Thomas, Ky.

revenue

1,

1955 to

Mass.

awarded

249—were

%

Sale—The $115,000

building

Offered

KENTUCKY
I
S

about

Feb.

from

1

Sale—The

Bond

Due

:j

dated

are

Feb.

Due

to

1954. Bonds maturing

inclusive.

bonds

awarded to the Small-Milburn Co.,
of Wichita,
T
1

of

Haverhill,

Jan.

f

basis

a

as

Principal and in¬
terest payable
at the First Na¬
tional Bank of Boston. Legality
approved by Storey, Thorndike,
Palmer & Dodge, of Boston.

were

—

1954

&

City,

Lowell, Mass.

p.

•

on

.

ing and equipment bonds offered
-—v.

bonds
Due

1969

Sale—The $336,900 build¬

Jan. 114

at

Bros.

York

New

The

Straits

Miller, CanStone, of De¬

Legality approved by

traffic

were

1.87%.

(CST)

a.m.

the

of

on

sewer

bonds.

bonds.

14

Salomon

to

Hutzler,

Offering—John

City

ney,

on

awarded

Concordia, Kan.

O'i

1958 inclusive.

68,000

Jan.

from

1

Dec.

Due

130,000

$150,000 water

main bonds offered

sealed

improvement

street

bonds.

\Fitchburg, Mass.
Sale—The

Bond

receive

will

follows:

as

$1,142,000

1954

bonds.

Mich.

(EST) on Feb. 1
for the purchase of $1,415,000 spe¬
cial assessment bonds, series 1954-

Boston.

■$258,000 building and remodeling

1,

bids until 8 p.m.

Legality approved by Ropes,
Gray, Best, Coolidge & Rugg, of

Jan.

1970.
1971.
1972.

Offering—Harry K. Cull,

Clerk,

City

pay¬

be received by the Superintendent
of Schools until 1:30 p.m. (CST)

St.

near

distance

traffic

Flint,

able in New York City or Boston.

on

1,
1,

1%S. Due April

140,000

1,

Offering—Sealed bids will

Bond

Co.,

1969.

130,000 2V4s. Due April
140,000 2s.
Due April

1954 to

bonds

point

the

across

the purchaser.

designated by

be

149—were awarded to
Kenower, MacArthur & Co., of
Shannon & Co., both of Detroit, bonds with respect to the payment
Detroit, and Thomas & Co., of De¬
and Barcus, Kindred & Co., Chi¬ of interest, and, as long as any
troit, jointly, at 97.61, a net inter¬
Series A bonds are outstanding,
cago, at 100.004, a net interest cost
est cost of about 3.84% as follows:
the entire amount of excess funds
of about 2.26%, as follows:
available for redemption must be $20,000 23/4s. Due on April 1 from
$750,000 2'/as. Due on April 1 from
1955 to 1958, inclusive.
applied to the retirement of the
1955 to 1964, inclusive.
20,000 ZVzs. Due.on April 1 from
Series A bonds.
According to the
340,000 2'/4s. Due on April 1 from
1965 to 1968, inclusive.
traffic engineers' estimates, based
1965 to 1C'37, inclusive.
on
their projections of probable 210,000 33/4s. Due on April 1 from
250,000 2'/as. Due on April 1, 1968
1972 to 1983, inclusive.

inclusive.
The

com¬

&

Lerchen

Watling,

City,

A,

bonds.

from

group

a

Michigan. It will extend
City in the Lower

Peninsula

a

to

on

Due

1955

Bonds

and

254,000

bonds.

from

1

inclusive.

Mich.

posed of Blyth & Co., Harriman
Ripley & Co., Inc., Paine, Webber,
Jackson & Curtis, all of New York

Bond

series B

750,000

Jan.

in¬

1974

to

State of

$1,750,000 build20—v. 179, p. 249—

awarded

were

clusive.

Feb.

to Nov.

Solon

National

Boston

JShirk, Secretary of the Board of
IDirectors, will receive sealed bids
until 2 p.m. (CST) on Feb. 10 for
the purchase of $275,000 building
Dated

Bank,

Boston, at 1.08%
premium of $26.

a

1954

g—Elizabeth

n

National

Safe Deposit &

of

Dec.
Bond

Trust

and Lower Peninsulas of the

from Mackinaw

Bond Sale—The

for

1968 to 1973 inclusive.

JLuVerne

Bank &
New
York

of

Bloomfield Hills),

Mackinac, which separate the Up¬
per

Townships

to

of First Boston

Bond

Dec. 1 from

on

both

all

awarded

were

Rockland-Atlas

1955 to 1964 inclusive.

30,000 2'/4s.

21

Chemical

from

1

Jan.

group composed

a

179,

the

bonds.

Fractional
School District No. 2 (P. O.

Sale—The $5,000,000 notes

Merchants

Cpjrpanche Consol. Sch. Dist., Iowa

•

field

Boston, Mass.

Other

v.

Bloomfield, Troy and West Bloom-

2.03%.

1954

January 25,

The Commercial and Financial Chronicle... Monday,

(444)

Dist.

No.

Echo),
Bond

trict

66

Consol.

-.

/

(P. O.

1

Minn.-

Offering—Andy Rey, Dis¬

Clerk,

will

receive

sealed

Volume 179

Number 5293

bids until 3 p.m. (CST) on Jan. 27
for the purchase of $305,000 build¬

ing

bonds.

Due

on

Dated

1,

Feb.

1954.

Feb. 1 from 1955 to 1972,
Bonds maturing in 1964

inclusive.

and

thereafter

FzX} .1,

callable

are

of

as

Principal and intertst payable at a banking institu¬
tion designated by the successful
biddei1.
Legality approved by
1963.

Joseph, Mo. '
'
' 1 8 p.m. (EST) on Feb. 3 for the
of
$220,000
building
$853,000 bonds purchase
aonds.
Dated Sept. 1, 1953.
offered Jan. 20—v. 179, p. 250—
Due
were
awarded
to
the
Northern on Sept. 1 from 1954 to 1972 in¬
Trust

Co.,
Chicago, and Stern
Bros. & Co., Kansas City, jointly,
at
100.06, a net interest cost of
about

2.10%,

from

1955

Miss.

Bond Offering—Carl

300,000
from

Note Offering —M. M.

(CST)

on

Sale—The

$35,000

awarded

were

Jones,
at

of New

Orleans,

&

2y4s,

100.04.

Waveland, Miss.

derith, Town Clerk, will receive
sealed bids until 10 a.m. (CST) on
Feb. 16 for the purchase of $470,000 bonds, divided as follows:
water

from

(MST)

works

bonds.

1957

to

system
serially

Due

of

system reve¬
bonds. Due serially from
gas

system

gas

gen¬

eral obligation bonds. Due

se¬

rially from

to

to

1979

Bond

Jan.

18

Jan.

1,

1964.

awarded

to

on

paving

Due

a.m.

districts

Feb.

on

Due

March

on

1

1966

185,000 2%s.

Due

from

1955

bonds

Due

March

on

from

1955

to

Note

dated

Feb.

1,

Keenan,
sealed

—

Mayor,

bids

Thomas

will

until

H.

receive

(EST)

noon

on

Jan. 25 for the purchase of $300,000 tax anticipation notes. Dated
Jan.

26, 1954.

Due Dec. 15,

1954.

County (P.
Concord), N. H.

The

—

$5,000,000

179, p. 149—were awarded to a
syndicate headed by Phelps Fenn
Zc Co., New York City, at par, a
as

interest

of

cost

about

1.89%,

Sale—The

offered Jan. 20

The

notes

1955 to

400,000

April 1, from

1960 inclusive.

iy2s.

Due

on

2,600,000

1962.;
l3/4s. Due

April

1,

on

Jan.

20,

1,100,000 2s. Due

on

April

on

1

inclusive.

1953.

to

April 1 from

■Jackson &

Curtis; The Boatmen's
Bank; Dominick & Dom¬
inick; Aubrey G. Lanston & Co.;

National

Hayden, Stone & Co.; Dean Witter
& Co.; C. F. Childs &

Co.; Bram-

hall, Falion & Co.; Robert Winthrop & Co.; J. C. Bradford & Co.;
Burns,

&

Co.;

Corbett

McDonald
&

&

Pickard;

Granbery, Marache & Co.; Wurts,
Dulles

Sons;
& Co.

&

and

Co.;

Robert Garrett

Barret,

Fitch,

i




&

North

a

group

National

the

State

Equitable Securities Corp.,
York

of New

venter

bids

will

until

Newark,

Due

1993

Dec.

on

Dated

Dec.

inclusive.

15

Dec.

from

Callable

15,
1956
of

as

and

a

Northfield, N. J.
Bond

Sale—The

offered

school

$76,000

Jan.

19—v.

179,

p.

Ryan, HanCo., Newark, and Lebenthal & Co., New York City, joint¬
ly, as 3.40s, at 100.01, a basis of
&

auer

Essex

Bond

South,

Borough

ceive

sealed

(EST)

on

of

Falls, N. J.

Offering

—

about 3.39%,

Clerk,

bids

will

until

8

M.
re¬

p.m.

Jan. 27 for the purchase

$285,000

water

bonds.

No. 5

(P. O. Copiague), N. Y.
Offering

Charlotte

—

Huffman, District Clerk, will
sealed

ceive

Dated

bids

until

26

Jan.

on

15, 1954.
Due on Jan. 15
from 1955 to 1973 inclusive. Bonds
maturing

in

callable

1965
of

and

from

for

as

Jan.

able at the Citizens National Bank
&

Trust

approved
&

Caldwell. Legality
by Hawkins, Delafield

Co.,

Wood, of New York City.
Metuchen School District,
Bond

N.J.

Offering—Otto R. Drews,

sealed

L.

2

from

1955

to

to

on May
inclusive.

1983

(M-N)

City.
Castile, Eagle, Gainesville, Pike,
Wethersfield, Genesee Falls,

the

at

Marine

New

New York

No.

1

Bond

Clerk,

build¬

Co., and Aubrey G. Lan¬
& Co., all of New York City,
a

1VT.

will

Dor-

receive

sealed bids until 3:30 p.m. (EST)
Feb. 4 for the purchase of $1,-

on

967,000

building bonds. Dated
1, 1954., Due on March 1

March

from 1955 to 1974 inclusive.

Prin¬

cipal and interest (M-S) payable
at the County Trust Co., Ossining.
Legality approved by Hawkins,
Delafield & Wood, of N. Y.

Lee,

Y.

Securities Corp., Goldman,

2V2s, at 100.02,

Dist.

City.

basis of about

sealed

(EST)

on

of

bids

until

2

Dated Dec. 1, 1953. Due on Dec. 1

cipal and interest
the

Union

York

Bond Offering—A. J.

(J-D)

Security

payable

Trust

Co.

of

Jan. 1 from 1955 to 1984 inclu¬

Principal and interest (J-J)

payable at the Security Trust Co.,
Rochester.
Legality approved by

Heckler
Galloway, of New York City.
Sykes,

Free Sch.

Hempstead Union
18

&

Bond Sale—The

offered

149—were

Dist.

21—v.
to

179,

a

p.

group

composed of the Harris Trust &
Savings Bank, Chicago; C. J. De&

Roosevelt & Cross,
Francis I. duPont & Co., Gregory
& Son, Goodbody & Co., and Tilney & Co., all of New York City,

Secretary of the Board of Educa¬

as

tion, will receive sealed bids until

2.48%.

Co.,

2V2s, at 100.17,
.

a

basis of

members

of

the! group:

and

J.

C.

Wheat

&

Co., of Rich¬

mond.
4

,6

North
Bond

tary

Wilkesboro, N. C.

Sale—The

$83,000 ' sani¬
bonds offered Jan. 19

sewer

179, p. 250—were awarded to
Wachovia Bank & Trust Co^.

the

Salem,

as

2V2s,J.at 100.0^

basis of about 2.48%,'

y,

Orange County (P.
Hitlsboro), N. C.
Bond Offering

—

.

t" r

' 1|

O.

W. E. Easter-

ling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed

bids

for

26

his

at

office

in

Ra¬

(EST)
purchase of

on

Jan.

leigh, until 11
the

a.m.

house

court

$80,000
anticipation

bond

Interest

proved by Mitchell & Pershing, oi
New York City.,

abou^

ap¬

Rochester, N. Y.
Bond Offering—Emmett V. Nor¬

ton, City Comptroller, will receive
sealed bids until 2 p.m. (EST) on
Jan.. 25 for the purchase of $5,290,000 bonds, divided

$1,340,000 water
Feb.

1

from

as

1955

to

2,375,000

from

bonds.
1955

to

Offering

—

ap¬

'

W. E. Eastejr-

ling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed bids until 11

Due

Jan.

1962

on

in¬

Due

on

1962

in¬

000

26

to

for the

bonds.

water

Due

1970

a.m. (EST) on
purchase of $20,-

Dated

June

on

1

Dec.

from

1,

1955

inclusive.

Principal and
(J-D) payable in New
City. Legality approved by
Mitchell & Pershing, of New York
City.

interest
York

clusive.

incinerator plant
on

Legality

Stanley, N. C.
Bond

1953.

school
1

M-N.

follows:

bonds.

clusive.

Due

$2,000,000 school

Jan.

*

sive.

700,000

York

awarded

•

Nov.

Feb.

(P. O. Garden City),
New

i

June

on

Dated Feb. 1, 1954. Due on
1 from 1955 to 1958 inclu¬

Lurz, Dis¬

will receive sealed
bids until 3 p.m. (EST) on Jan. 26
for the purchase of $475,000 build¬
Clerk,

Vandewater,

Due

Washburn, of New York City.

(P. O. Rochester),
New

2%s.

proved by Reed, Hoyt, Taylor &

Sch. Dist.

Free

June 1 from

Inc., Dominick & Dominick, Fran¬
Ira Haupt &
Co., all of New York, Baker, Wjatt»
& Co., of Baltimore,
Raffensper¬
ger, Hughes & Co., of Indianapolis

notes.

15

on

1977 inclusive,

cis I. duPont & Co.,

Jan. 28 for the purchase

from 1954 to 1982 inclusive. Prin¬

at

inclusive jo

First Securities Corp., of Durham,
Shields & Co., Byrne and Phelps,

p.m.

$21,000 water extension bonds.

tirom

l

from 1978 to 1983 inclusive.

a

ceive

?

<

June

on

1971

to

1,325,000

Raymond J.
Supervisor, will re¬

Town

to

1972

."i:t

1965 inclusive.

—

Rochester, Fairport. Legality

vine

1966

from

1

June 1 from

on

760,000 2V4s. Due

Winston

2.49%.

bonds

1960 to

—v.

Fairport), N. Y.

Offering

June

on

1955 to 1959 inclusive.

of

(P. O. Ossining), N. Y.

Bond

N.

Sch.

Free

2.41%,

follows:

$585,000 6s. Due

Power

Offering—Anne

District (P. O.

ing bonds offered Jan. 21—v. 179,
250—were awarded to a group
composed of Smith, Barney & Co.,

No.

net interest cost of about

a

as

Other

Union

District

ner,

(P. O.

Bond Sale—The $1,270,000

trict

179, p. 150—were awarded
group headed by Phelps,'Fenii
Co., New York City, at 100.006,

a

&

City.

Ossining

No.

Castile),

No.

Sale—The
$3,750,009
building bonds offered Jan.

19—v.

City,

Co.

Ra¬

Bond

school

City
Trust office, Niagara Falls. Legal¬
ity
approved
by
Vandewater,
Sykes, Heckler & Galloway, of

Morris Central

1

Trust

York,

in

■

1978

Perinton, Jefferson Road Water

Warsaw, Centerville, Hume

office

Mecklenburg County (P. G»v
Raleigh), N. C.
i,.»

540,000 2s. Due

pur¬

interest

and

Greece

his

at

leigh, until 11 a.m. (EST) on Jan*
26
for
the purchase
of $65,000
school building bonds. Dated Dee-.
1, 1953. Due on June 1 from 1956
to 1963 inclusive.
Principal and
interest
(J-D) payable in New
York City. Legality approved by
Mitchell & Pershing, of New York
City.
i

Principal and interest
(J-J) payable at the Marine Mid¬

p.m.

the

Co,, New York ;City.
Legality
approved by Caldwell, Marshall,
Trimble & Mitchell, of New York

Union

1

Commission, will receive-

bids

540,000 l3/4s. Due

re¬

Due

1, 1953.

1955

thereafter

15, 1964.
Principal and interest (J-J) pay¬
are

ernment

inclusive.

$1,620,000 building bonds.

Nov.

Jan.

on

J

Bond Offering —W. E. Easterling, Secretary of the Local Gov¬

to

Lang, Dis¬
trict Clerk, will receive
sealed
bids until 3 p.m. (EST) on Jan. 27
for
the
purchase
of $3,273,000
building bonds. Dated Jan. 1, 1954.
Due

:! 1

(P. O.

Whiteville), N. C.

New York Trust Co., New
City: $1,000,000 at 1.18% in¬

Western

Dated

Jan.

To

York

the

to

CAROLINA

Columbus County

1.20% interest.

or

NEW YORK

sive.

Edward

NORTH

as

land Trust Co. of New York

ing bonds. Dated Jan. 1, 1954. Due

15, 1958.

at

awarded

were

Permanent

-

Bond Offering—F. J.

the

for

3

awarded

were

Montclair, as terest.
basis of about Niagara Falls
City Sch. Dist., N. Y.

2.04%.

receive

Feb.

5

follows:

City, Van De-

Inc.,
Co., of

Bros.,

Ewing &
2.10s, at 100.38,

on

Other members of the syndicate:
Goldman, Sachs & Co.; Estabrook
& Co.; R. W. Pressprich & Co.; F.
S. Moseley & Co.; Paine,
Webber,

Co.;

both

purchase of $810,000 Fort Lee In¬

1972 to 1974 inclusive.

McCormick

Chairman,

Jan.

as

0.855% interest.

of

—

$25,680,000 notes

& Co.,

as

berg,

Y.

$257,000 build¬

Savings and
Association, of Niagara Falls-,
2.40s, at par.

To National

250—were awarded to

composed

ston

Bergen County Sewer Authority
(P. O. Hackensack), N. J.

Sch. .Dist.

Loan

Bank, of Newark, R. W. Pressprich

p.

to

Dec. 16, 1954.

City Housing
Authority, N. Y.

To Lehman Bros., New York
City: $1,250,000 at 1.16% interest.
To Carl M. Loeb, Rhoades &
Co., New York City: $2,000,000 at

notes

NEW JERSEY

terceptor bonds.

from 1963 to 1971

&

Sachs &

sealed

1961 and

group:

Stone

York

Note Sale—The
offered

the

Co.;

&

150

p.

Niagara

a

Bond Sale—The $950,000 build¬
ing bonds offered Jan. 21—v. 179,

Bond Offering —E. Merrill Seaon

100.40,

p.

dated

are

Free

O. Route 25,

Bond Sale—The

Reybert,

Ctiy Bank of New
Corporation;
Stroud & Company, Incorporated; York: $1,000,000 at 1.16%; $1,000,Wm. E. Pollock & Co., Inc.; Bo- 000, 1.17%; $2,000,000, 1.19%; and
land, Saffin & Co.; National Bank $1,420,000 at 1.21% interest.
To Chemical Bank & Trust Co.,
of Commerce of Seattle; GoodNew York: $5,000,000 at 1.17%,
body & Co.; Raffensperger,
and $3,010,000 at 1.18% interest.
Hughes & Co., Incorporated; MacTo
The
Hanover Bank,
New
Bride, Miller & Company.
York City:
$1,000,000 at 1.18%;
North Plainfield Sch. Dist., N. J.
$2,000,000 1.19%; and $5,000,000

and Mount

awarded

(P.

Mattituck), N.

Offering—Alice

New

Securities

Sch. Dist.

$150,000

were

1954 and mature

follows:

$900,000 3s. Due

of

members

Webster

O.

v.

net

Other

-

ton at 1.079% discount.

building bonds offered Jan. 19—

at

payable at the United States Trust

the Second National Bank of Bos¬

Kansas City School District, Mo.

&

2y4s,

as

Eastman, Dillon

Principal

HAMPSHIRE

York

New York City.

headed
Co., New

basis of about 2.21%.

1

Offering

Note

1,

Forgan

City,

(EST)

Dover, N. H.

1

1973 and 1974.

Sale

1

are

NEW

inclusive.

1972

to

Feb.

on

Bond

Union

9

District Clerk, will receive sealed
bids until 2 p.m. (EST) on Feb. 2

group

to

bonds

Merrimack

March

on

a

Bond

1

1954. Interest F-A.

from 1959 to 1965 inclusive.

2y2s.

Glore,

by

York

bonds

districts

water

the Mercan¬

inclusive.

1968

2y4s.

awarded to

were

Babylon Union Free Sch. Dist.

$269,000

to

March 1 from

the

at

179, p. 149—a total of $2,839,000

v.

bonds

Clerk,

New

No.

.

chase of

$850,000 school

were

$65,000 3y2s. Due

Bond

Bonds

thereafter

and

of

1959 inclusive.

Co., G. H. Walker & Co.,
and Blewer, Heitner & Glynn, all
of St. Louis, at 100.01, a net inter¬
est cost of about 2.52%, as follows:

from

1965

Southold

lslip Union Free School District
No. 1 (P. O. Bay Shore),

57

ing bonds offered Jan. 19—v. 170,.
Common¬
p. 250—were awarded to Chas. E.
Legal¬ for the
purchase of $1,713,000 Weigold & Co., New York City,
ity approved by Hawkins, Dela¬
building bonds.
Dated Feb.
1, as 2.60s, at 100.54, a basis of about
field & Wood, of New York City.
1954.
Due on May 1 from 1954 2.54%.
;i
Millburn Township School District to 1968 inclusive.
Principal and
Whitehall Union Free Sch. Dist.
interest
(M-N)
payable at the
(P. O. 71 Hobart Ave., Short
No. 11 (P. O. Whitehall), N;'Y.
First National Bank & Trust Co.,
Hills), N. J.
Bond Sale—The
$25,000 build¬
Legality approved by
Bond
Sale—Of the $2,850,000 Bay Shore.
building bonds offered Jan. 19— Hawkins, Delafield & Wood, of ing bonds offered Jan. 14—v. 179,

payable

(M-S)

follows:

as

The

group composed of

j

1 from

will receive
(CST) on
Feb. 8 for the purchase of $391,000
special assessment bonds, divided

tile Trust

465,000

Jan.

inclusive.

as

City

Due

building and improvement bonds

1965

on

sealed bids until 10

MISSOURI

135,000

Dated

interest

and

wealth Bank of Metuchen.

1964 inclusive.

Bond Sale—The

.

system

Principal

250—were awarded to

Affton School District, Mo.

a

pur¬

Lincoln, Neb.
Offering — Theodore H.

122,000

offered

p.m.

the

Principal and interest payable at
the Harris Trust & Savings Bank,
Chicago.
Legality approved by
Dorsey, Colman, Barker, Scott &
Barber, of Minneapolis.

clusive.

f

in

callable

7:30

for

water

Due

1947

maturing
are

23

series A.

bonds,

1, 1954.

in¬

1955

Mont.

$500,000

revenue

Berg,

natural

1

NEBRASKA

1957 to 1984 incluusive.

40,000

Feb.

on

until

Feb.

inclusive.

1984

clusive.

228,000 natural

bids

on

chase

60,000 water works system gen¬
eral
obligation bonds.
Due
serially from 1955 to 1979 in¬

nue

oral

and

1955

Bond Offering—Mrs. H. K. Hol-

revenue

inclusive;

MONTANA

Jan.

$142,000

1

Fry,
Jr., City Clerk, will receive sealed
court

as

Feb.

1, 1972 and 1973.

Billings,

Scharff

to

1968

due

clusive.

inclusive;

on

Bond Offering—William J.

house and jail bonds offered Jan.
18

1958

due

to

bonds:
1

Feb.

on

1969 to 1971
inclusive;
$30,000 2y4s, due on Feb.

and

pur¬

Copiah County (P. O,
Hazelhurst), Miss.
Bond

to

2y$s,

chase of $15,000 school bus notes.

.

due

from

Bennett,

Feb. 1 for the

lighting

2s,

1959

$25,000

Clerk of the Board of Supervisors,
will receive sealed bids until 10
a.m.

1955

from

O.

(P.

on

1968

3j/2S,

$165,000

County

due

to

street

$30,000

Vaiden), Miss.
*■"

2s,

1959

1, 1972 and 1973.

1963 inclusive.

Carroll

1958

to

inclusive;
Feb. 1
inclusive;
$120,000 2y8s, due on Feb. 1
from 1969 to 1971 inclusive;
and $60,000 2y4s, due on Feb.
$330,000

Short, City
Clerk, will receive sealed bids un¬
til 1:30 p.m. (CST) on Jan. 25 for
the purchase of $200,000 funding
bonds. Due serially from 1954 to

follows:

as

$553,000 street improvem't bonds;
$43,000 3y2s, due on Feb. 1
from

Biloxi,

(445)

Sale—The

MISSISSIPPI

1

Chronicle

St.

Bond

Faegre & Benson, of Minneapolis.
t

Financial

The Commercial and

...

Feb.

1

from

bonds.
1955

to

1962 inclusive.

875,000
Due

land
on

acquisition

Feb.

1

from

NORTH

bonds.
1955

1954.

bonds

Feb.

at

York

the

Hanover

City.

Bank,

Legality

Bond

1,

Principal and interest (F-A)

payable
New

dated

are

ff f

Wahpeton, N. Dak.

1962 inclusive.

The

DAKOTA

to

ap¬

Offering—H. T. Hiintgen,

City Auditor, will receive sealed
bids
25

until

for

proved by Reed, Hoyt, Taylor &

armory

Washburn, of New York City.

from

8

the

p.m.

bonds.

1955

to

(CST)

purchase
Due

of
on

on

Jan.

$25,000

July

1964 inclusive.

I

The Commercial and Financial Chronicle

Fahey, Clark & Co., of Cleveland,
as 2 As, at 100.42, a ba^is of about

OHIO

Sch. Diet., Ohio

Bedford City
'

2.17%.

Montgomery County (P. O.,

Co., Cleveland, has purchased an
issue of $800,000 bond anticipation

Bond Offering

Fran Hanson,

—

'Jan.

National Bank of Dewey, as 2.70s.

Clerk of the Board of County Su¬

Sch. Dist., Ohio

Bellevue City

Offering—Alma S. Reitz,

Bond

of Education,
bids
until

Clerk of the Board

sealed

receive

will

(EST)

noon

Dated March 1, 1954. Due
on Oct.
1 from 1955 to 1974 in¬
clusive.
Principal and
interest

June

on

1955

Bond

Dec.

and

1964' inclusive.

to

Sale—The

$75,000

water

equipment bonds offered Jan. 19
—v. 179, p. 251^-were awarded to

office.

R.

Legality approved by Peck,
Shaffer & Williams, of Cincinnati.

J.

Edwards, Inc., of Oklahoma

offered
were

Ohio

Paris,

Sale—The

Bond

Ohio

Brookville,

179,

Bank,

100.86,

proved

-

Sale

syndicate headed by the Bankers
New York City, as 2s,
at 100.77, a basis of about 1.90%.

until

syndicate:
Kidder,

Devine &

C. J.

Co.;

&

Co.; Stone & Webster Securities
Corp.; Trust Company of Georgia;
National
Central

Purge

Republic
&

Ball

Company;

Folger,

Kraus;

W. B. Hibbs &

Newark;

of

Bank

State

will

cation,

the

Nolan-

Offering—Jack

March

on

1

by Winfree,
& Sayre, of

Jan. 28 for the

on

purchase of $2^5,000 building and
Due on Nov.

improvement bonds.
1955

from

1

'Principal

inclusive.

1978

to

(M-N)

interest

and

was

nati.

by

Squire,

approved

Legality

& Dempsey,

Sanders

Due
in¬

1974

to

interest

and

Offering

Bond

Dated Nov.

Peckville.

Due on

1, 1953.

...

Bond

Offering

Emerson

—

receive

will

(EST)

noon

Clerk

of

Board

the

F.

of

Education, will receive sealed bids
Until

noon

(EST)

the purchase of $450,000
bonds. Dated Feb. 1,
Dec.

1

from

1955

building

Sale—The $150,000

Bond

build¬

Jan. 27

on

Co., of Lancaster, as 2s, at 100.03,

a

basis of about

payable
Bank,

First

the

at

Fairborn..

National

Legality

ap¬

for

pay¬

able at the State Bank of Defiance

County1,

Defiance.
by

proved

Legality

Squire,

ap¬

Sanders

&

Fawn

Municipal School
District Authority (P. O.
Tarentum), Pa.

Bond Offering—Rene V.

Haube,

United Local School District (P. O.
R. D. No.
*»

Bond

1, Kensington), Ohio

Offering

Clerk of the

to

on

of

Due

of

sealed

(EST)

purchase

C.

until

28

for

$444,000
Dec.

on

(J-D)

Dorr,

Education,

bids

Jan.

inclusive.

1976

interest

H.

—

Board

receive

1

8

the

Willowick

1955

Principal

payable

(P.

O.

at

and
the

Willoughby),

Sale—The

$26,600

street

bonds

19—v.

p.

Seasongood

offered

a

basis

Ernst,

,

„

the

pur-

chase of $2,020,000 building bonds.

Dated March 1, 1954. Due on June

Newkirk,
Bond

Principal

and

Sale—The

,

$100,000

awarded to the Eastman

Bank

of

Newkirk,

Pottawatomie

interest

District

National

2s.

as

Monroeville, Ohio

Hall

178,

Sale—The

bonds
p.

$20,000

.

92

(P.

Sch

offered

2526—were

Jan.

18—v.

awarded




to

price of 97,

a

$25,000 21/2.S. Due

19—

to

1955

inclusive.

1959

to

Jan. 1 from

on

Due

Jan. 1 froml960

on

inclusive.

1964

to

50,000 214 s. Due
1965

to

to

school
as
fol¬
Feb.

on

1

inclusive.

Jan.

on

-220,000 2.80s. Due

on

The

bonds

subject

are

1

Each issue is dated Feb. 1, 1954.

National

Bank, Gettys¬

Legality approved by Saul,

Jan. 25 for the

Township School District

Authority (P. O. Broomall), Pa.
Bond

Offering

on

Feb.

bonds.
on

pur¬

until

bids

Feb.

8,

p.m.

1

Feb.

from

Bonds

1958.

'

from

(F-A)

purchase

1,

1955

1954.
to

for

8

W. JBarwis,

will

receive

the

in¬

Dak.
W.

—

H.

Gray,

will receive sealed
bids until 7:30 p.m. (CST) on Jan.
25 for the purchase of $20,000 fire
truck and equipment bonds. Dated
Auditor,

City

Jan.

1, 1954.

1957

Due

Jan. 1 from

on

Interest

inclusive.

1962

to

J-J.

Legality approved by Danforth & Danforth, of Sioux Falls.
Lake

Puerto

Rico

Offering—L. F.

of the

&

the

for

sue

are

callable

in¬

1959
as

of

Principal and inter¬
at

the

purchase

formation

11

the

were

Jan. 19.

on

on

Sale

Bond

offered

bonds

151—were1

awarded

1955

1974

to

bonds maturing in

Due

July 1

inclusive.

of

1964.

July

option,

at

750.000
3

Rico.

2

PhiL

Legality approved

As, due
1960

to

1973

2,231,000

to

2

1960

Bond Offering—J. I.

Treasurer,

sealed

bids

Feb.

ior

000

2

until

Due

bonds.

1966

able

as

(EST)

on

and

Dat^d

Bonds maturing

thereafter

of Feb.

Feb.

Feb. 1 from 1955

on

to 1970 inclusive.
in

noon

receive

the purchase of $800,-

hospital

i; 1954.

McCulloch,

will

on

Dec. 1 from 1969

1973

Other

John

on

:

bonds:

on

$100,000

Dec. 1 from 1954

$400,000

Dec. 1 from 1961

on

Dec. 1 from 1969

on

bonds:

on

$280,000

Dec. 1 from 1954

inclusive;

$1,200,000

Dec. 1 from 1961

inclusive; and $751,000

As, due

to

$240,000

Dec. 1 from 1961

school

to 1968

(P. O.

Gaffney), S. C.

County

on

inclusive.

314s, due

approved

CAROLINA

County

$70,000

inclusive; and $250,000

214 s, due
SOUTH

-

inclusive;

As, due

2V2S, due

by Mitchell & Pershing, N. Y. City.

Cherokee

a

inclusive; and $190,000

to 1968

at

for

Bank

Legality

100.10,

.

hospital

to

1,

the. Govern¬

Development

Puerto

or

p.

group

bonds:

to 1973 inclusive.

1

payable in New York City,

at

inclusive;

2V2S, due

Principal and interest (J-J)

as

1960

to 1968

1965 and there¬

callable

are

.

214 s. due

The

after

179,

a

cost of about 2.41%,

highway

to

public

on

to

314 s, due on Dec. 1 from 1954

In¬

Feb. 3 for the

1, 1954.

$3,481,000

by the Equitable Securi¬

follows:

as

The

—

Jan. .19—v.

Corp., Nashville,

$500,000

improvement bonds, series of 1954.
Dated Jan.

(P.O.

Chattanooga), Tenn.

1206,

$10,000,000

of

is¬

rejected at the previous

TENNESSEE

New York City, until

(EST)

a.m.

York

Suite

Service,

$230,000

of

Hamilton County

receive

will
New

Ericsson,

Education',

Bids for the

bonds.

offering

ties

(Commonwealth of)

at

of

Board

will receive sealed bids until Feb.

of

RICO

President,

Dist.

(P.O. Madison), S. Dak.

Bond

bonds.

Bond Offering—Guillermo Rod-

bids

Sch.

Indep.

County
1

(EST)

purchase

improvement

of

Due

1984

maturing in

payable

phia, Trustee.

1974

fearber, of Min¬

&

Offering

building

7:30 p.m.

PUERTO

"(EST)

adelphia National Bank, PhiladeL

1957 to 1961 inclusive.-

Feb.

$150,000

receive

ment

serially

Barker, Scott

T.

est

Due

on

school building revenue
Dated

thereafter

Feb. 1,

will

the

for

2

Edward

—

Chairman,

Clute,

to
any

neapolis.

Clerk

Pa.

Secretary,

bids until

ment

chase of $5,000 repair and equip¬
bonds.

Borough
sealed

holder's

Marple

on

ity approved by Dorsey, Colman,

from

Jan. 1, 1984.

Offering—C.

Bom}

from

Principal and interest payable at

*

3

ing institution designated by the
successful
bidder,
or
at
t h e

23

Warren,

purchase

prior redemption.

and

on

Due

1956 to 1975

First

1956

Callable

pet interest

350,000 school bonds. Due Feb. 1,

clusive.

(CST)

bonds.

1937.

until

County Treasurer's office. Legal¬

No.

inclusive.

1970

37 Wall St.,

$400,000

from

1

Huron, S.

net inter¬

a

Jan.

on

Bond

est cost of about 2.85%, as follows:

sealed

$890,000

O.

Bond Offering—Wendell James,

p.m.

Town

City, at

riques,

will receive sealed bids until 7:30

Bond

Jan.

awarded

150—were

p.

O.

Glenn Guise,

—

purchase of $750,000
building revenue bonds,

sealed

County Indep.
No.

Offering

Clerk of the Board of Education,

fer & Williams, of Cincinnati.

W.

$320,000 sewer

offered

bonds

179,

bids

sealed

(CST) "on Jan. 26 for the
purchase of $40,000 b u i j[ d i h g
bonds.
Dated Jan. 1, 1954.
Due
p.m.

interest
payment date. Principal and in-^
terest
(J-J) payable at a bank¬

Richard

—

Dist.,

Offer*ng—Mable Whipple,'
Board of Education,

receive

will

Sch;

Indep.

of the

clusive.

Township (P. O.

Sale—The

Bond

the

elec¬

Tecumseh), Okla.

Co., Dayton.

Legality approved by Peck, Shaf¬

purchase of $260,-

Stroudsburg Municipal Authority
(P. O.' Stroudsburg), Pa.

delphia.

Okla.

light improvement bonds of¬

(J-D) payable at the Winters Na¬
tional Bank & Trust

the

building bonds..

Offering

Ewing, Remick & Saul, of Phila¬

fered Jan. 18—v. 179, p. 251—were

3 and Dec. 1 from 1955 to 1976 in¬

clusive.

Bond

the

OKLAHOMA

tric

for

bids

general obligation bonds.

Secretary, will receive sealed bids
until 5 p.m. (EST) on Jan. 26 for

burg.

of Education,

10

Sealed

—

Bond

Clerk

headed

Gettysburg Sch. Authority (P.
Gettysburg), Pa.

& Mayer, of Cin¬

3V2S, at 100.50,

as

will receive sealed bids until noon

Feb.

Pa.

Pomeroy,
Lockhart
Johnson, of Pittsburgh.

Pohl, of Pittsburgh.

Jan.

of about 3.40%.

on

&

251—were awarded

179,

Local School District
(P. O. Dayton 9), Ohio

(EST)

1994.

Dated
March
1,
1954. Due on
Principal and interest payable at March 1 from 1956 to 1965 inclu¬
the Trustee's office. Legality ap-j sive.
Legality approved by Kirkproved by Burgwin, Ruff in, Perry j
patrick,

from

Kettering

L.

1,

Dist.,

DAKOTA

South Dakota

.

March

of

as

thereafter
1, 1961.

and

1962

in

lows:

improvement

cinnati,

Offering—Geo.

for

p.m.

callable

Ohio
Bond

8:30

from 1955 to 1994 inclusive. Bonds

building
from

First National Bank, Salem.

to

Bond

(EST) on Feb. 2
'or the purchase of $310,000 school
auilding
revenue
bonds. Dated
VTarch 1, 1954. Due on March 1

are

liams, of Cincinnati.

Clerk of the Board

2

school

Township

maturing

Dempsey, of Cleveland.

proved by Peck, Shaffer & Wil¬

~

Feb.

Sch.

Offering

25,000 2s.

until

(J-D)

sive. Principal and interest

Feb.

Si-

1.99%.

bids

sealed

Due

Goldman, Sachs & Co., New York

Principal and interest (A-O)

inclu¬

1978

Bond

SOUTH

Highmore

Secretary, will receive sealed bids

1954. Due on

to

as

Principal and in-i

by Sinkler, Gibus &.
of Charleston.

mons;

Feb. 1, 1984.

on

Township

revenue

ing bonds offered Jan. 20—v. 179,
p. 151—were awarded to Wagner

purchase of $125,000 building

Jan. 29 for

on

in

due

cailaole

are

(F-A) payable at tne Manu-;

Feb. 1 from

on

will be received by the Secretary
of the Board of Directors until

Munson, of

&

Ephrata School District, Pa.

Sch. Dist.

bonds. Dated Feb. 1, 1954. Due on

bonds.

Palmer,

Bonds

*

1,

1955

from

proved

1974,,inclusive.

600,000 3.20s.
O'Hara

Feb. 1 from

on

600,000 3.10s. Due

000

Legality approved by

Townsend, Elliott
Philadelphia.

Herbert R.

—

Due

Barringer, Secretary of the Board
of
Commissioners,
will
receive
sealed bids until 8 p.m. (EST) on
Jan. 25 for the purchase of $50,-

&

p.m.

Sch. Dist., Ohio

to

Bond

of $88,000

Sale—An issue

Principal and interest (M-N) pay¬
able at the First National Bank of

Ohio

will

of Cleveland.

Fairborn City

of Feo. 1, lu66.

1

1971, inclusive.

Radnor

Nov. 1 from 1954 to 1965 inclusive.

(P. O. R. F. D. No. 2, Defiance),

payable at the Continental Bank,
Continental.

Feb.

Dated

Feb.

on

inclusive.

1972

terest

I

1972

000

refunding and funding bonds
sold to Pohl & Co., of Cincin¬

5%

for

1

1, 1954.

1955

Tiffin Township Local

the

tion, will receive sealed bids un¬
(EST)

of $372,000 street"

bonds.

Due

Feb. 1, from

on

receive sealed
on Feb. 4

(EST)

noon

R#67 and tnereaiter

from

1

inclusive.

1959,

p.m.

Oct. 1 from 1955 to 1977 inclusive.

noon

to

,180,000 2.60s. Due

Blakely School District, Pa.

ler, Clerk of the Board of Educa¬

til

1957

Feb.

on

until

1954.

and

1955

to

Due

3s.

160,000 2.10s. Due

v.

until

Spul-

D.

1,

Wayne), Pa.

Akron.

Ohio
Bond

Due Feb.

bids

will

Mayor,

man,

1956.

90,000

PENNSYLVANIA

(J-D) payable at the Dime Bank

cation,

(P. O. Continental),

Due

1954.

Legality
approved
McCulloch, Shuler

Gares, Clerk o,f the Board of Edu¬

Continental-Palmer Local School

8

Portland.

bids

Feb.

on

Principal

Cp., Inc.; Ernst &

Inc.; Sweney, Cartwright & Co.

District

from

1

Dec.

clusive.

Co.; Raffensperger, Hughes & Co.,

,

sealed

receive
(EST)

noon

bonds. Dated March

of

until

E.
re¬

cipal and interest (M-S) payable
at the County Treasurer's office.

purchase of $175,000 building

on

will

Feb. 15 for the purchase

1,

Bond

The Chase National Bank;

Peabody

4s.

1966 to

$118,000 building bonds. Dated

March

of Edu¬

nel, Clerk of the Board

Other members of the

drainage

Offering—Harold J. Kan-

building bonds offered Jan. 19—
v, 179, p. 51—were awarded to a
Trust Co.,

lor the purcnase

$50,000

Schip-

Bond Offering—James R.

syndicate headed by Halsey, Stu¬
art & Co., Inc., Chicago, at a price
of 98.001, a net interest cost ol

305,000 2V2s.

from 1955 to 1974 inclusive. Prin¬

(P. O. Cuyahoga Falls), Ohio
Bond

$6,000,000

The

—

on

bids

sealed

(PST)

Joseph

—

Clerk,

District

ceive

of

Silver Lake Local School District

Ohio

Columbus City Sch. District,
Bond

,

Offering

Bond

Kampa,

basis of about 2.91%.

a

-

Curry County Sch. Dist. No. 1-C
(P. O. Port Orford), Ore.

251—

p.

follows:

as

Thomas A. $77,500 sanitary sewerage system
Powell, Village Clerk, will re¬
and
disposal
plant
sewage
ceive
sealed
bids
until
noon
bonds
were
taken
by Fox,
Reusch & Co., Cincinnati, as
(EST) on Jan. 29 for the purchase
Of $19,000 fire equipment bonds.
3s, at 101.11, a basis of about
Dated Dec. 1, 1953. Due on Dec.
2.87%.
1
from
1955 to
1962 inclusive.
17,500 sewage disposal plant
Principal and interest (J-D) pay¬
bonds were sold to McDonald
able at the Brookville National
& Co., Cleveland,
as -3s,
at

Brookville. Legality ap¬
by Squire, Sanders &
Dempsey, of Cleveland.

a

1965j

bonds

$95,000

20—v.

Jan.

awarded

OREGON

Offering

Bond

Florence, S. C.

14—

1

St.

&

by Squire, Sanders
Dempsey, of Cleveland.

Jan.

150—were awarded to

p.

ton.

$2,075,000 school

offered

facturers
Trust Co.,
New York
1963> inclusive*
City, or at the Guaranty Bank &
90,000 214s. Due Feb. 1, 1964 and (Trust Co., Florence./ Legality ap-"

City.

&

approved

179,

v.

and fire fighting

works extension

bpnds

ler, Gibbs & Simons, of Charles¬

about 3.09%, as follows:

and

1958

Waurika, Okla.

15,

Dec.

15

in

mature

Principal and interest (J-D) pay¬
able
at
the
County Treasurer's

bonds.

(A-O) payable at the Union Bank
Savings Co., Bellevue. Legality

Due

from

15

Dated

bonds.

bonds

1959.

voting

$300,000

of

purchase

1953.

building

$547,000

of

purchase

the

machine

10 for the

Feb.

on

The

pervisors, will receive sealed bids
until noon (EST) on Feb. 5 for

Bond Sale—The
revenue

Legality approved by Simp¬

City.

Area School Authority
(P. O. Nazareth), Pa.

trans¬

(F-A) payable at the
Bank, New York

National

Chase

Nazareth

$4,200

portation equipment bonds offered
20', were awarded to the First

Dayton), Ohio

notes.

Sale—The

and interest

Elliott & Munson,

of Philadelphia.

Okla.

Bartlesville),
Bond

Townsend,

by

Washington County Dependent
School District No. 14 (P. O.

Cleveland Trust

Note Sale—The

•

Monday, January 25, 1954

...

(446)

58

on

Dec. 1 from 1969

inclusive.

members

Nuveen

&

of

the

group:

Co., of Chicago,

Braun, Bosworth & Co., Inc., Stem
Bros. &

Co.

of

Co., of Kansas City, Trust
Georgia, of Atlanta, First

American National. Bank, of Nash¬

ville,

Union

Planters

National*

callr

Bank, of Memphis, Provident Sav¬

1,-1965.* Principal

ings Bank & Trust Co., Cincinnati,

are

(447)

Hand &, Co., of New York,

Calhoun

H. V.

Knox

(P.

County

Tennessee

Bond. Sale—-The $1,250,000 rural

offered

bonds

school

Jan.

19—v.

p.

follows:

as

1 from

1962 inclusive.

1955 to

160,000 2V2s. Due on May 1 from
1965

to

the

of

members

of

First

Neuhaus &

Michigan

group:

McDonald-Moore

&

Securities

Co.,

Co.,

inclusive.

tne

Nashville.

Bond

offered

and

sewer

&

$224,000 bonds

Jan. ,12—v.

fol¬

as

$90,000 water works and sewer
system revenue bonds: $26,000
3y4s, due on May 1 from 1955
1971

inclusive; and $64,000

to

May 1 from 1972

on

inclusive.

1984

134,000 general obligation
bonds:

$40,000

15 from

n.

3V4S,

1962 to

Jan.

on

15

from

inclusive.

1970

to

maturing in 1959 and there¬
after are callable as of Oct. 1, 1958.
Principal and interest (A-O) pay¬
Chemical

Bank

&

Co., New York City, or at
City Bank & Trust Co., Mc¬

the

Minnville.

Legality approved

by

Chapman & Cutler, of Chicago.

1

Bond

City

Clerk,

will

receive

sealed

bids until 7:30 p.m. (CST) on Feb.
2 for the purchase of $6,000,000

and

water

Dated
1

sewer

1956

bonds.

revenue

April 1, 1953. Due

from

to

1992

April

on

inclusive.

Principal and interest (A-O)
able

the

at

Chemical

Offering—Roy
bids

pay¬

Bank

&

Feb.

until

Oakes,
receive
24

B.

for the

purchase of various bond issues
aggregating $10,600,000 and ma¬
turing serially in 25 years.

Bond

Offering—H.

sealed bids until 11
Feb.

5

000,000

building

March

10,

from

10

bonds.

1954.

1956

Due

on

inclusive.

1983

to

Dated
March

Principal and interest (M-S)
able

The

at

Hanover

pay¬

Bank, New

Trust Co., New York City. Legal¬

York City, or at the First

ity

Bank

by Caldwell, Mar¬
shall, Trimble & Mitchell, of New
York City.
approved

Shelby

offered

179,

Jan.

151—were

p.

18—v.

awarded

to

Leftwich & Ross, of Memphis, and
C. H. Little & Co., Jackson, joint¬

ly,

on a

est

cost

bid reflecting
of

about

net inter¬

a

City.
Water

County Fresh

Bond

Sale—Rowles, Winston &

bonds,

revenue

$16,000 4s.

4.14%.

Due

Feb. 15 from

on

39,000 4%s. Due
1970

County Road District No.
(P. O. San Antonio), Texas

1

The

Feb. 15 from

on

inclusive.

1984

to

bonds

Feb.

dated

are

thereafter

callable

and

bids until 9:30

est (F-A) payable at the First Na¬

9

for

the

purchase

bonds.

road
Due

inclusive.
bonds

Bids
of

10,

1954.

1956 to

asked

Feb. 15, 1969.

10

15

ap¬

Liberty, Texas

street

improvement

bonds

was

from said date, the redemp¬ sold to Rowles, Winston & Co., of
price being par and accrued Houston, as follows:
interest.
Principal and interest
years

tion

$95,000 2y4s.

payable at the Chase Na¬

(F-A)

tional Bank,

New York City. Le¬

approved

gality

Dobbins

by

1955 to

Due

and

&

Due

are

1954 and

Sale—A

of Rowles,

composed

group

Winston & Co., Hous¬

Rauscher, Pierce & Co., and

Russ &

Co., both of San Antonio,

purchased

an

issue

of

$500,000

3%% general obligation improve¬
ment
Due

bonds.
on

Jan.

inclusive.
1974.

Dated

Jan.

1 from

Callable

1,

are

issue

$500,000.

as

of

Jan.

1,

payable at the National Bank of
.Commerce, Houston. Legality ap¬

proved by Chapman & Cutler, of
*




interest
First

;

j j 1

on

on

son,

part of

(F-A)

Feb.

Jan.

on

payable

Elkins, Weems &

at

and

the

Searls, of

Houston.

and

(P. O. Plains),

Waco,

Texas

—

The

2J/2%

bonds

road

was

1 from 1955 to 1963 inclusive.

In¬

Legality approved by
Huguenin & Boothman,

Dumas,

of Dallas.

County (P. O.
Seattle), Wash.

group

ris,

County Auditor, will receive
sealed bids until 2 p.m. (PST) on
Feb.

15 for the purchase of

000

general

(Queen

Forgan
National

&

Co.,

New

Bank

of

of

York

of

Appleton,

$875,hospital

obligation
Unit)

Anne

1954.

and

to

bonds.

Dated April 1, 1954.
April 1 from l{y>6 to 1974

Callable after 10 years
from date of issue.
Principal and
interest

(A-O)
payable at the
Treasurer's office, or at

State's

1974

agency in New
Legality approved by
Thorgrimson & Horo¬

consin

approved

field,

Wis¬

eral

County, Milton Sch. Dist.
No. 105 (P. O. Tacoma), Wash.

until

receive
sealed bids until 2 p.m. (PST) on
Feb. 2 for the purchase of $32,000
general obligation building bonds.

improvement

April 1, 1954.

Principal
payable

the

Due

and

interest

the

Cottage

at

Treasurer,
bids

until

will

11

Debenture

$64,000 5%
tures
&

Clerk,
the

for

will

10

receive

(PST)

a.m.

$6,-

follows:

as

of

series

1, 1954.
1956

1954.

Due

to

purchase

construction bonds.

Due
1974

of

on

Dated

Feb.

1

inclusive.

1959

March

on

inclusive.

$2,140,000 Milwaukee County In¬

March

to

ton, Thorgrimson & Horowitz, of

Aug.

stitution

Legality approved by Pres¬

Dated
Feb. 1,

Named

Okey L.

1

bonds.

Bond Sale—The $435,000 school
bonds offered Jan. 12
ed

Man¬

Patteson, former

Governor of West Virginia

has

ac¬

cepted the post of General Man¬

at

award¬

were

Dominion

the

to

Securities

Montreal, jointly,

4s, at 93.72,

as
■y

*

•

■

Hull School Commission,

Debenture

to

Sale

school

$725,000

An

—

issue

debentures

McNeil, Mantha,

Montreal, at 92.51,

4.64%,

Inc.,

as

of

follows:

Nov. 1 from

on

1963

to

of

was

net interest

a

Due

inclusive.

on

1954

Que.

bonds.

Due

280,000 4s.
1964 to

Due on Nov.
1973

1 from

inclusive.

The debentures are

dated Nov.

on

1, 1953.

on

Dated

Feb.

DIVIDEND

NOTICE

1,

Feb. 1 from 1955

1960 inclusive.

Principal

Va.

General

School

Park

Commission, Que.

Turnpike
W.

on

incl.

1957 and 1958.

1954. Due
to

Due

1974

to

-

$445,000 3s.

Due

1953.

1,

of

1958.

Building

Aug.

dium

Patteson

1953.

1,

issue

An

—

1955

Greenfield

1,060,000 Milwaukee County Sta¬

Seattle.

Virginia

■

bonds.

1,800,000 Milwaukee County In¬

Interest

1956

Building

Feb. 1, 1957 and

from

1

M-S.

West

from

cost of about

stitution

$400,000

Dated

Sale

public school: deben¬

price of 103.62.

a

15
.

of

Dated

a

Corp., Toronto, and Belanger, Inc.,

Group I

Feb.

at

specified

awarded to J. L. Graham

was

ly, at
Jan.

(CST)

$1,060,000 Metropolitan Sewerage

sealed
on

101,92.

Commerce, both of Toronto, joint¬

sold

until

of

submitted

were

Co., and the Canadian Bank of

Group II

Offering—Pearl Benjamin,

price

a

Esquesing Township, Halton
County, Ont.

receive

a.m.

060,000 bonds, divided

Yakima, Wash.
Bond

at
bids

QUEBEC

Feb. 8 for the purchase of

Feb.

5%

and

price of better than 101.

Bond Offering—C. M. Sommers

bonds,

Graham

awarded

4V2%, 4%%

Milwaukee, Wis.

County

L.

were

sale, of which 11

Grove State Bank, Cottage Grove

from

the

and

SINCLAIR

interest payable

County Treasurer's office,
the

or

at

in

New

County's fiscal

York

City.

of the West Virginia Turn¬

ap¬

Commission.

will take

Newton

CORPORATION

Chicago.

pike

OIL

agency

Legality

proved by Chapman & Cutler, of

ager

office

on

Feb. 1.

He

During his term

Governor, Mr. Patteson set up

Turnpike

Commission,

legal

provision for which had been en¬

twj years earlier but which

Since then the Commission has

City,

pushed the work on what will be

Seattle, Illinois Co., Chicago, Raf-

Fourteen

Feb.

April 1 from 1955 to 1974 in¬

in 2 to 20 years.

Glore,

Commerce,

$236,249.77

Ont.

Sale—J.

Co., of Toronto,

Deer-

on

purchase of $87,000 gen¬

Dated

(A-O)

&

stalments,
Gil-

Bldg.,

(CST)

noon

obligation

bonds.

Debenture

Pierce, Town counsel,

L. B. Johnson,

will

ONTARIO

Niagara Falls,

debentures, due in 5,10 and 15 in¬

bids at the office

Deerfield

1 for the

Pierce

—

the

by

Offering—Vernon

of

Bank

issue

1,

1955

Cottage Grove, Wis.

sealed

Treasurer,

Feb.

from

Attorney-General.

and oral

An

—

$40,000,000 Treasury bills was
sold on Jan. 14, as follows: $35,000.000, due April 15, 1954, at
1.883% yield, and $5,000,000, due
Oct. 15, 1954, at 2.62%.
>1

inclusive.

Legality

on

Offering

15

Principal and
interest
(J-J)
payable
at
the
State Bank of Arcadia, Arcadia.

fiscal

witz, of Seattle.

County

Canada (Dominion of)

Treasury Bills Sold
of

Dated

Jan.

on

ware¬

inclusive.

ager—

com¬

CANADA

(P.yP. Arcadia),

Due

clusive.

15

group

Chicago; White-Phillips Co., Da¬
venport, Channer Securities Corp.,
Chicago, and Gillespie & Wouters,
of Green Bay, as 2V2S, at
101.32, a

Montana

Offering—A. G. Wieland,
District Clerk, will receive sealed
bids until 2 p.m. (CST) on Jan.
27 for the purchase of $150,000

Due

on

and

Bond

house bonds.

City

a

basis of about 2.34%.

Wisconsin

on

the

$1,650,000

252—were awarded

composed

Bank

Glencoe

of Solon W.

Bond Offering—Robert A. Mor¬

acted

a

19—v.

(Towns) Joint Sch. Dist.

sealed

King

had lain dormat until he acted.

to

Jan.

bertson, Town Clerk, will receive

WASHINGTON

(non-callable) bonds offered Jan.
p.

offered

(City), Arcadia, Dodge,
Treampealeau, Cross, Wauman-

Bond

19—v.

179,

The $215,500 4%

—

to

Arcadia

building

$600,000

as

bids

awarded

posed of Bareas, Kindred & Co.,
Central
Republic
Co.,
both of

basis of about 1.63%.

a

No. 1

terest J-J.

as

Sale

105.77,

1960

15,

Schrickram, of Lub¬
2y4s, and 2y2S, at par.
Dated Jan. 1, 1954.
Due on Jan.

1,

authorized

an

Principal

Wis.

152—were awarded to the

p.

WEST VIRGINIA

Legality approved by Vin¬

Bond

179,

dee,

Texas

Feb. 1, 1964

dated

Sale,

bonds

ment

Feb. 1 from

Liberty National Bank, Lib¬

erty.

1992

Principal and interest (J-J)

Chicago.

of

1954.

1980 to

1-a

1965.

bonds

Bryan, Texas
Bond

Due

Commission,
The

Jan. 14 from

Bond Sale—An issue of

inclusive.

1963

30.000 2i/2s.

Howard, of San Antonio.

ton,

No.

1,1954.

Bond Sale—An issue of $125,000

years

after

or

Legality

proved by C. D. Jessup, of Houston.

for

after

on

Yoakum County Road District

of

Principal and inter¬

tional Bank of Edna.

1978

are

issue

Feb.

on

$1,000,000

Feb.

10 from

payable
date

from

of

Dated

Feb.

on

(CST)

as

Shawano), Wis.
$720,000 school
offered Jan. 19—v. 179, p. 52

bonds

15,

Offering—Fred Huntress,
County Clerk, will receive sealed

are

District No. 8 (P. O.

in

general obligation local improve¬

1961.

1954, and those maturing in 1970

Bond

a.m.

2s.

and

Due

Bexar

Houston,

150,000 2y>s. Due on Jan. 15
from 1962 to 1971 inclusive.

Bond

1958 to 1969 inclusive.

TEXAS

30,000

follows:

as

Appleton,
Bond

1955 to 1959 inclusive.

Preston,

and

and

Under¬

York City.

the First Texas Corp.,
both of Houston, jointly, recently
purchased an issue of $55,000 tax
Co.,

City
179,

100.08, a net interest
about 2.44%, as follows:

of

the

projected

1

at

County

Supply District No. 1 (P. O.
Edna), Texas

$525,000 water
protection system rev¬

bonds

enue

Houston.

Jackson

Sale—The

fire

and

National
Legality ap¬

proved by Wood, King & Dawson,

County, Raleigh Utility
Memphis), Tenn.

Bond

in

of New York

District (P. O.

$250,000

awarded to

$70,000 2y2s. Due

a.m.

Springs and Seneca
(Towns) Joint School

were

& Cooper, both of

2y4%

Red

Bond Sale—The

at

cost

Richmond, Pella, Herman*

by 33%.

First National

receive

(CST) on
for the purchase of $10,-

those

exceed

1951

lage), and Waukechon, Westcott, Naraino, Belle Plaine,

WISCONSIN

Sale—The

jointly,

Mills,

L.

will

Manager,

Shawano (City), Gresham (Vil¬

in¬

Indep. Sch. Dist., Texas

Business

;o

re¬

the' 88-mile

Mosle

bock,

will

Controller,

sealed

Bond Offering—W. M. Carr, Jr.,

City

to

sold to Louis

Houston, Texas

Houston

Nashville, Tenn.

of

wood, Neuhaus & Co., and Rotan,

on

1978

Commission

provide funds for the comple¬

1.55%.

1969 in-

Bonds

the

on

Tufnpike

year,

252—were

p.

sewer

due

usive; and $94,000 3V2S, due

Dated Oct. 1, 1953. Due on

at

due

1960

1:0

University Place, Texas

Bond

lows:

Oct. 1 from 1956 to 1978 inclusive.

able

1955

from

about
West

Co., of Houston, jointly,

revenue

Trust

3y4s,

$300,000

1

inclusive.

Legality

179, p. 151—
were
awarded to Henry-Seay &
Co., Dallas, and Rowles, Winston

Bond

water

about 2.89%.

tion

Hall bonds offered Jan. 19—v.

Sale—The

3%s, due

Offering—Elijah Woosley,
Recorder, will receive seal¬
ed bids until 7:30 p.m. (CST) o:
Feb. 5 for the purchase of $1,000,-

approximately $37,000,000 in bonds

150,000 street improvement bonds
at 100.14, as 1.60s, a basis of

Boothman, of Dallas.

Tenn.

Town

cently authorized the issuance of

v.

The

approved by Dumas, Huguenin &

to

McMinnville,

Interest J-D.

1978

Mid-

and

Temple- Securities Corp., both of

bonds.

Dist.,

1954 to

from

1

construction bonds offered Dec. 8

tory.

turnpike ex¬
pending from Charleston to Prince¬
clusive; $400,000 2s, due on ton, West Virginia. Engineering
Feb. 1 from 1961 to 1968 in¬ estimates for 1955, the first fuil
clusive. and $800,000 2y2S, due year of operation of the Turnpike,
on
Feb. 1 from 1969 to 1979 which will open Aug. 1 of this

Grapevine, Texas

Nashville, FiedlityBankers Trust Co., of Knoxville,
Stranahan, Harris & Co., Third
National Bank in Nashville, Weil,
Roth & Irving Co., of Cincinnati,

000

Indep. Sch.

$150,000
building bonds was sold to First
Southwest Co., Dallas, as 3y4S and
3V2S, at par.
Dated Dec. 1, 1953.
Dec.

Wis.

The $30,000 sewer

lows:

T ex as

on

—

sewer
improvement
bonds at 100.08, a net interest
cost of about 2.43%, as fol¬

net interest cost

a

Saline

Palmyra,
Sale

Bond

178, p. 2251—were awarded
Harley, Haydon & Co., of Mad¬
ison, as 3s, at 100.91, a basis of

Feb.
Grand

of

$1,500,000

Co., of Houston, on a

reflecting

Corporation,

Bank,

South

Thornton,
Mohr
&
Farish,
Montgomery, as follows:

of about 2.89%.

of New York, First American Na¬

tional

'

$500,000 school
bonds offered Jan. 14—v. 179, p.
151—were awarded to Underwood,

Due

inclusive.

845,000 234s. Due on May 1 from
1966 to 1973 inclusive.
Other

Lavaca),'Texas

Port

Bond Sale—An issue of

$245,000 3s. Due on May

1963

as it traverses the rugged mounnapolis, Russ & Co., San Antonio, tains of the State where Daniel
Dallas Rupe & Son,-of Dallas, and Boone made
early, pioneering his¬

Bond Sale^—The

bid

151—were awarded to a
group
headed by the Equitable
Securities Corp., Nashville, at par,
a net interest cost of about 2.74%,
179,

v

^

Knoxville),

O.

fensperger, Hughes & Co., India-

County, County Indep.
District (P. O.

School

Sattley & Co., of Detroit, and Jack
M. Bass & Co., of Nashville.
- *

5D

one

fic

of the most picturesque traf¬

arteries

in the

United States

County

No. 57 (P.
Bond

Clerk

School

District

Offering

—

D.

E. Harns,

of the Board of Education,

will receive sealed bids until noon

(CST)

tion

on

Feb.

of $295,000

chase

school

Dated

15 for

the

2,

pur¬

general obliga¬

improvement

March

1954.

bonds.

Due

on

March 2 from 1955 to 1974 inclu¬
sive.

Callable

CommonStockDividendNo.93

O. Neosha), Wis.

on

March 2, 1959.

The Board of Directors of Sinclair

Corporation
from

clared
the

on

Oil

January 14, 1954 de¬

the

Earned

Surplus of

regular quarterly
($.65) per
the Common Stock, payable

Corporation

a

dividend of sixty-five cents
share

on

by check on March 15, 1954 to stock¬
holders of record at the close of busi¬
ness on

February 15, 1954.
P. C. SPENCER
President

>

€0

The Commercial and Financial Chronicle..

(448)

mmmgwrn

Mfltapr^--- s

I

X'




iraiuuvi

.

■■

' ;'i

.Monday, January 25, 195$