View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

f

A

MONDAY

v!

W.

-j

ISSUE

Reg. U. S. Pat. Office

Volume 179

Number 5287

New York 7, N. Y.,

Monday, January 4, 1954

Price

$1

Copy

a

ar

RAILROAD
(■

•

A & B

<

.

'

,

SEC

corporation

Dec.

on

Okla.

1

^

,

INSURANCE

-

share)

per

The

net

through

letter

a

proceeds

be

to

are

of

notification
stock

common

White & Co.
used

of St.

to

purchase

with

be

to

Louis,

and

capital

In

In

This Issue

in

for

Akron, Canton & Youngstown RR.—Earnings—
November—
Gross

from

1953

railway__„

$479,303

railway___"__„

113,878

income___

40,197

Net

from

Net

ry.- oper.

Net

from

railway..___
railway

from

\

$476,191

$422,061

166,550

151,748

147,'051

93,654-

45,302

72,573

-

New York Stock Exchange
New York

5,869,621

American

5,172,981

5,273,822

1,722,022

1,547,623

752,771

606,629

Boston

4,605,128

1,482,785

-

807 225

2,064,386

Stock Exchange
Stock

Stock

.■

ry.

—V.

income—

oper.

178,

2297.

p.

826,208
-

-

-

(Stocks)

Algonquin Gas Transmission Co.—Bank Loan—
The

SEC

4y2%

has

bank

issued
in

note

decision

a

the

amount

its parent companies
$5,150,000
bear interest at 6% for the

authorizing

of

of

if

earned

agreement,

in

will

and

$500,000).

accordance

be

company

and

$2,000,000

to

with

Issuable

in

and

5%

formula

a

issue

and

issue

Exchange

sell

(which

to

denominations

of

in

the

will

less

not

San

than

England Gas and Electric Association, one of the
parents of Algonquin, also was authorized to
acquire $1,787,050 of the
^5-year notes of Algonquin, and to make borrowings of
$1,500,000, to
be evidenced by its
unsecured notes maturing Oct. 21, 1955.
The
additional

funds

ing capital,

required

to retire

certain

pay

are

claims

by Algonquin to

its short-term

incurred

in

bank

provide adequate

loans

connection

system (such required funds being
England, with two oiher companies, own

New

stock

common

of Algonquin.—V.

178,

to

raise

funds

of

the

2569.

p.

-

in

general

ments,

have

could

suppliers.

"But,

our

000,000.

that

made

deliveries,

by

meeting

only

not

of

true

but

one

farm

customer

several

motors,

these changed

and

history

company

changing conditions,
will

we

have

sales

of

for

the

Combined

presently outstanding
(some
300.000 more
than
last
voluntary conversion of preferred shares and shares
acquisition of assets of -the Buda Company)
earnings
something over $6 per share for the year,
to

be

"Since

the

1954

will

Buda

were

we

"We are

transaction

available
have

to

benefit

the

expecting 1954,

completed

was

for

us

only

what we

on

31.

results

and

operations

Buda

of

Oct.

November

for

can

of

the

entire

foresee now, to be

an

Exchange

part:

order to simplify

"In

to

the

in

more

facilitate^ the

the company's capital

of uneconomic mills

approved

are
/•

$4

prior

preference

stock

which

callable

is

to

offer to purchase

7%

the

preferred stock,

at

which i3

share and accrued dividends.

a

of

the preferred issues would be a substantially con¬
simplifying the capital of the company, conforming

in

reducing

stock

that

eliminating dividend priorities ahead o|

or

presently

total

than

more

$1,000,000

year.

a

Section.

41

To purchase all of the 7 %

and

$8,900,000

"As

42

Stock Exchange.

prior preference stock and cancel it would cost approxi¬

preferred stock would cost approxi¬

reduce

would

the

company's capital by
V,.'
; ■
'
•

'

»

that

V

■

will be in-a position to carry out these proposed pre¬
ferred stock retirements and have adequate working capital left for
immediate foreseeable requirements of its business.
the

regards

common

uneconomic plants,

31

ties

eliminate

not

if

reduce,

to

stockholders,

plans

the

to

to get rid of the financial burden of

eliminate the
these proper¬

to concentrate operations in the more efficient units,

earnings,

on

entirely,

the

heavy

priorities

of

ahead

to reduce further overhead expense and effect

stock dividends,

common

greater economies, and to simplify the capital structure in the direction
of having only common stock outstanding are believed to be altogether

31

interest of establishing the company on a con¬

in the long-range

sound

tinuing profitable dividend-paying basis."
While this whole program was approved

.

.

by a %iajority'vote of tr».a
that three of the directors, Frederic CL
Dumaine, Jr., Joseph B. Ely and Roy A. Young are opposed to tho
proposals relating to the $4 cumulative convertible prior preference
stock and the 7% preferred stock and that they intend to vote their
American Woolen Co. stock against these proposals.—V. 178, p. 2473.
it

directors,

Sinking Fund Notices_44
and
Payable
44

Condition

is

out

pointed

Auction

The

Statement of Federal

Statement of Member
Reserve

Banks

cents

of

notification with the SFO

1,000,000 shares of common stock to be offered at par (10
share),
without underwriting.
The proceeds are to he
pay
for
exploration expenses and for general corporate

to

1469.

176, p.

purposes.—V.

44

22 filed a letter of

Dec.

on

*

,

per

used

System

Sales

With SEC—.

company

covering

__44

Co., Las Vegas,

Channels Gold Mining

Ancient River

Nev.—Files

.44

.!

Banks

Federal

For

Rates.

Condition

Reserve

Buda

December.

operations
and

program.

"The company"

38

Markets

Dividends Declared

the

Division

concentrate

sound

Redemption Calls and

shares

in

the

in

__43

$500,-

Foreign

due

step

surplus.

r__.50

totals of approxi¬

1952

is

the $4

mately

The Course'of Bank Clearings

second

than

more

in

on

plans for disposing

amount.

State and City Bond Offerings

and

prevails

proposed.

retire

common

call

37

General Corporation & Investment News.Cover

require¬

sometimes

machinery,

The final figure Should be very close to

"On

issued
will

such

be

particularly

$515,000,000.

mately
year,

is

materia},

mately $10,600,000, of which all but about $500,000 would be a refrac¬
tion of the company's capital and the balance a charge against earned

Miscellaneous Features

equipment.

under

in

been

readily

This

construction

time

the

Roberts,

President, on Dec. 23, stated in part; "1953 has been
a
year of increasing competition
in our lines.
Customers have been
more exacting in making their selections—inventories
of end products

to

to

a

the

retiring

36

SEC Index of Stock Pricesi____
A.

to

35

Allis-Chalmers Mfg. Co.—Sales, Etc., Estimated—
W.

and

To

Transactions American Stock Exchange____._31

•

stock

proxy

that

the capital structure

it to its needs and

33

Dow-Jones Stock and Bond Averages
_31
National Quotation Industrial Stock Averages_31

outstand¬

climate

economic

operations;

callable, at $100

"The

structive

Exchange!.__..i_^.i_.:w_35

Transactions New York

to

the'

35

Exchange

Over-the-Counter

the

99.3%

Exchange

Stock Exchange..
Stock

not

32

Toronto Stock Exchange—Curb

work¬

completion of its
estimated at $7,510,0001.

pipe line

ing

and

with

Toronto

and

forward

are

"The other

Canadian Stock Exchange

New

accompanying

time at $105 and accrued dividends.

any

32

Exchange

Francisco Stock

is

"One

32

Montreal

note

$4 prior1 preference
preferred stock.

to simplify

White said

—two steps

27

_

Exchange

Stock

profitable

plants;

structure—if

Philadelphia-Baltimore Stock Exchange
Pittsburgh Stock Exchange

a

thereafter, payable

contained

to

Mr.

23

32

Midwest

to

25-year unsecured notes

lirst five years

only

this

7%

the

competitive

company's going

11

(Bonds)

Cincinnati Stock Exchange..
Detroit Stock Exchange.

.

company's
of

Industry today-, and that is likely to prevail In the years ahead.".
plans, Mr. White points out, are intended to eliminate ob¬

stacles

Page

-

Los Angeles Stock

Net

,

the

the'stockholders

to

These

Quotations

1950

$495,094
'

new

efficient

1951

°•

From Jan. 1—

Gross

1952

the

textile

working capital.

Stock and Bond

retiring

the purchase

letter

a

Francis W. White, President, says: "Briefly stated, the
purpose of these
plans is to put this company in a better position to operate profitably

at

Tulsa,

equipment and

by

authorize

the

offered

Mo.,

MISCELLANEOUS

-

*

,

Co., Inc., Tulsa, Okla.—
Exchange Commission—

filed

18

covering 120,000 shares of class A
($1

par

p

1

INDUSTRIAL

-

Commercial Finishing

Files With Securities and
The

I

1

PUBLIC UTILITY

-

44

year.

RR.—November Earnings—

Ami Arbor

active

'

year."—V.

178,

657.

p.

Railway

Amarillo Oil Co.—Proposed Consolidation—
See

Southwestern

Development

below.—V.

Co.

American Bosch Corp.—Sindeband

116,

p.

American Gas
1414.

The

Director—

a

was

M.
L.
Sindeband, Chairman of the Board and a director of the
Derby Gas & Electric Corp., has been elected a director of American
Bosch Corp.
Mr. Sindeband also is a Vice-President and director of

the

Ogden

Corp.,

Vice-President

director

and

of

the

Mercast

Secretary and director of the Litchfield & Madison Ry. Co.,
director

and

W. A.

Case

the

of
&

Son

American

Mt.

Olive

&

Staunton

Manufacturing

Coal

Co.,

Co.—V. 178,

p.

Broadcasting*- Paramount

and

Corp.,

Secretary

director

a

The

Prov.

for

Fed.

newest

hear

—

tax.

profit

gow,
W. Va.,
Appalachian

tl953—9 Mos.—A1952

the

Com.

shares

Earnings

per

"After

addition
units

1,937,000

3,664,000

4,515,000

AGE

300,000

4,377,000

1,465,000

construction.

$7,559,000

$5,435,000

outstand'g

3,967,518

3,300,830

3,967,518

3,300,830

share

"$0.22

$0.58

*>$1.82

$1.65

com.

for

dividend

requirements

preferred stock now
tlncludes operations of American Broadcasting Co. divi¬
sion commencing Feb. 10, 1953.
Prior to Feb. 10, the figures include
the earnings of television
station WBKB in Chicago which was sold
on

14th

major

on

the

"twin"

a

$50,000,000

river

whose

station

Kanawha

of

it

name

bears.

the

River

Appalachian
plant at Glas¬

began operating last July. Both Onlo Power and
major operating electric utility subsidiary companies
Gas

to
at

and

the

Electric Co.

400.000

Muskingum

of
capacity represented by the
Kanawha—which
raised
the
total

System capacity to 3,419,000
This

units:

kw.—another 600.000 kw.

forthcoming capacity is
Unit

divided

among

under

are

three

more

month;

Unit

the

merger

Paramount

to

comply

with

Theatres, Inc., only.—V.

government
177,

regulations.

liUnited

1149.

p.

of

Total

Nov. 30—

net

1953

assets

asset value

—V.

178,

p.

1951

$35,507,940 $38,645,110 $35,411,499
8,940.406
9,620,934
9,118,271

Shares outstanding
Net

1952

per share.

$3.97

$4.02

American Phenolic
company
tional

Corp.—Notes Sold Privately—The

has arranged to place privately with

institu¬

investors

an issue of $2,440,000 47/8% promissory
due/March 1, 1967, it was announced on Dec. 30,

1953.

Direct placement was negotiated by Van

American Steel

1157.

Years Ended

Fire

&

Offering—Mention

Casualty Co., Orlando, Fla.
was

made in

our

—

Stock

September 30—

issue of Dec. 28 of

the

public offering by Goodbody & Co., New York, of
10,900 shares of capital stock (par $10) at $27.50 per

share.

The stock

are

first offered to stockholders at the

public offering price.
The'net
The

proceeds

company

SUrance

are

to

added

by its charter is

CAPITALIZATION

GIVING

^

to

Federal

authorized

to

write

every

$10)

EFFECT

178, p. 2569.




income

3

shares

18,567,892

6,337,892

common

6,042,131

1,187.495

$5.34

$5.09

2545.

174,

p.

PRESENT

share

'

100,000 shs.

Outstanding
66,470 shs.

This company mailed to stockholders on Dec. 30 notice
statement for the special meeting of stockholders to be held
is the meeting at which the stockholders will act

This
to

of

p.

to 11 a.m. (EST) on Jan.
first mortgage bonds

11 for the pur¬
due 1983.
Sea

2569.

Argo Oil Corp.—Earnings—

\
1953

1952

1951

$5,470,588
2,545,452

$5,531,1/3
2,757.42-1

taxes

$6,723,216
3,557 709
225,000

--

33,332,709

$2,545,452

$2,477,486

2.000 000
31.67

2,000 000

2,000000

$1.2(

51.24

Ended Sept. 30—■

operating income
before inbome tajces,.,,,.-

Ivofit

Federal income

for

Provision

segregate and dispose of some

and-proxy
on

upon

uneconomic

capita7~sh"a7eS-—

Number

Earnings
a

"

nrofit

Net

The

share

per

stated

company

279,9Ja

due

that

to

heavy intangible
1262.

drilling costs

taxable income.—V. 176, p.

no

was

Co., Florence, Ala.-—
Exchange Commission—

Arkansas-Tennessee Natural Gas
Files With Securities and
A

letter

filed with

notification

was

of

stock

of

1 800

shares

share

common

to.be offered

Scott, Horner & Mason, Inc.,
of B. F. Grizzle of Sheffield, Ala.

-corporation

covering

covering
at $13.25 per
Lynchburg, Va., for tna

the SEC on Dec. 21

(par $1)

through

Corp.—Registers With SEC—
on

300,000

Dec. 23 filed a

registration statement with

company's Employees Stoc-S
of its 310 par common stock issuable

"interests" in the

Plan and 300,000 shares
thereunder.—V. 177, p. 2202.

Option

Armstrong Rubber Co.

(& Subs.)—Earnings

NeIe?ILE-!lf-e-P-Profit before
Prov. for

■

j

kind of in*-

FINANCING

up

$20,000,000

it

3,562,485

1,187,495

I..........:.

American Woolen Co., Inc.—Special Meeting Jan. 29—
TO

521.168.

407,9.,8

.

10,990,000

3,562,485

...

outstanding

17,032,131

12,230,000

taxes.

^

profit
Dividends
paid
Common

—V.

working capital.

Authorized
(par

for

taxes

Net

except life and health.

Capital stock
—V.

Provision

received

be

178,

Nine Months

Total

The

149.687,894 139,556,821
income

Earnings per
be

V.

also

SEC

before

will
from

chase

Armco Steel
1952

1953

Sales
Profit

•

Appalachian Electric Power Co.—Bids Jan. 11—
Bids

account

Foundries—Earnings—

1

American

Alstyne,

Noel & Cp.A New York.—V. 178, p. 657.

$3.88

912,430

745,442

50,619

46,075

fixed

chgs. & other deducs.
—V, 178, p. 2569.

there

notes

American Business Shares, Inc.—Net Asset Value—
As

57,971

43,620

taxes,

after

2

at

2

outstanding,

after

after

inc.

income

Income

,

$6,834,435
5,839,06$

,

kw.

and

at Kanawha, scheduled to be in operation
Muskingum, scheduled for March 1954, and
Unit
3
at
Tanners
Creek
plant, Lawrenceburg, Ind., scheduled for
next
Fall.
The
latter plant
is owned by the Indiana & Michigan
Electric Co., another AGE subsidiary.—V. 178, p. 849.
next

oper

ry.

Federal
Net

580,152

which

In

$8,485,000

new

Ohio

is

plant

Co.'s

are

initial

$6,846,000

$1,927,000

allowing

River

American

$3,624,000

$1,009,000

placed

23.

southeastern

in

Power

200,000-kw.

Net

has

The

Muskingum

$2,023,000
1,077,000

net

System

and the second within the past six months, it

plant is The Ohio

Beverly

Electric

Inc.

Dec.

on

Net

Co.—Expansion—

Electric

and

expenses,

$8,744,906
6,605,049

$693,779

$813,905
644,466

revenues,

oper,

generating 'station,

operation.

63,000

inc.

gains,

Capital

Electric

&

Gas

oper.

Railway

Power Co.'s Muskingum River stearawhose first 200,000-kilowatt unit ia-now
plant, which will cost $50,000,000 when its pres¬
ently-planned generating capacity of 400,000 kw. is attained, is located
m

of,

2473.

Theatres,

11953—3 Mos.—111952

announced

electric

of

Per.End. Sept. 30—
Profit before inc.
taxes

American

power plant in operation

1953—11 Mos.—1953

1953—Month—1952

Period End. Nov. 30—

Jan.

29.

proposals

properties, to reduce the

4,,140,,032

taxes

-

declared:::

Dividends

shares

2,ir*,J u

$1,119,340
850,967

$1,651,802
938,245

'

outstanding

preferred
i

dividends.—V.

4°2'47?
3*.ib

"Earnings per common share
"After

$55
3,766,181

2,420,692

„„,m

Common

$62,2903322

—-

-

income

Federal income taxes—

178,

p.

3 2'd

2194.
'

^

2

The Commercial and Financial Chronicle...

(2)

(E. J.) Brach &

Atchison, Topeka & Santa Fe Ry.—Earnings—

:«

l',

"1953'

'

1952

1951

Gross

from

Net

from
ry.

Profit

—V.

178,

Net

Income

taxes

1,450,000

1,230,000

681,560

193,660
$6.65

197,460
$5.95

Earnings

per

outstanding
share.————

common

1666.

p.

price of
which

Jan.

7,

from

Net

from

Net

ry.

railway-,

railwlfcjk—
income:

from

ft.

Mention

below.—V.

150,391,570

stock

143,181,125 118,703,071
23,148,338
21,939,266
5,981,365
7,713,476

154,018,499

20,110,431

„

28,610,351
10,849,690

made

was

Alexander

railway-

Corp,

178,

2298.

p.

The

Reid

&

in

Co.,

10 cents)

tpar

issue

our

of

Newark,

at $1

Dec.

N,

J.,

the public

of

300,000

of

share "as

per

14

of

to

corporation

has

railway—.

from

Net

—V.

income.

oper.

ry.

178,

..

stocks

to

of

one

or

8,653,650

__

2194.

p.

,

common

The

merit

Austin, Nichols
Net

Ended

Months

Six

Oct.

sales

Profit

income taxes——

for Federal

Prov.

Net

57,500

■

shares

Earnings per preferred share-——

.

'Earned

common-share,
requirements.—V. 178, p. 1158.

$72,801
108,300
188,215
*$0.04

for

allowing

after

per

75,000

$56,281
107,500
188,215
$0.52

profits taxes

income & excess

dividend

preferred

be

SEC

has

commercial

outstanding

of

Light Co.
$10

issued

the

American

(3)

which

of

some

Paul

have

Burton-Mercur's

appeared

in

plays

"The

issued

be

to
of

sum

GIVING

TO

EFFECT

stock

(par

*360,000 shs.

addition, Paul Burton-Mereurr President,

shares

unissued

of

in

stock

common

$1

at

an option on 100,share, exercisable in

has

per

The underwriter of the present
offering has also been given an option to purchase from the corporation
100,000 shares of unissued common stock at $1 per share exercisable
or

whole

in

until

part

In

or

1960.

Dec.

until

part

1,

Dec.

1960,—V. 178,

1,

funds

Dec. 29 filed a-registration statement with
the SEC covering 61,000 shares of series B 6'/o cumulative convertible
corporation

at

and H.

Co.

&

Kuch &

G.

Co.

named'as the

are

principal underwriters.

Net-proceeds of the-financing will be used-'to increase
the working capital of the-company.—V. 178, p. 1766.

maintain

or

Net

sales

178,

$2.50

Profit

before

'Provision
Prior

Income

1,076,873

Net

Ohio RR.—Earnings-

Baltimore- &

3,309

1953—11 Mos.—1952

$

Railway
Railway
Net

operating

,

expenses.

oper.

from

5,577,480

Net ry. oper. income.—

3,062,099

—V.

178,

ry.

90,353,033
43,184,924

10,064,865
5,048,392

'

85,013,909
42,073,099

of

$1.71

tax of $36,500 for 1953 and for 1952 credit
carry-back of unused excess profits credit.—V. 177,

2566.

from

Period End. Nov. 30—

Railway

Bangor & Aroostook RR.- -Earnings—
Gross

Net

from

from

Net ry.

1951

$946,879
184,471

railway—

244,457

income..-

1950

$1,079,391
341,371

$1,220,908

169,480

railway—

oper.

1952

1953

November—

455,194

$701,886

174,952

55,142

' 1

'

100,784

Net

from

Net

from

Net

ry.

—V.

railway---. 11,848,218

11,834,979

2,222,446

3,508,675

1,536,465

1,107,846

1,793,811

2194.

p.

ry.

net

Securities and Exchange Commission—

Tne

covering
at

Dec.

on

cents

net

filed

23

748,000 shares

40

The

of

share

per

proceeds

letter

a

stock

common

through
to

are

be

to

the

to

(par five cents)

Hunter

used

with

be

Securities

Corp., New
properties and

acquire

leases.-

for

months of
In

railway's

Mention

made

was

in

of 49,800
of

shares of class A

shares of class B

each

class

of

stock

issue

our

through Carter Manning of

Dec.

of

7

City

on

the

with

stock

$6

(par $1)

unit.

per

net

public offering
"best effort basis"

'

.

and

$5)

(par

in units of

one

share

bill

wage

of

result

GIVING

EFFECT

TO

is

period

of

1952.

principally

operating

revenues

continued

Expenses

heavy

to

in

increases

for

1953

amounted

month

same

last

to

to

the

of

$3,743,000

first

the

of $11,254,000.—V.

11

178,

in

months
p.

the

In

of

the

show

1953

period,

year

a

for

revenue

compared

same

$49,969,000

net

inclusive,

all

$52,906,000,

year.

$51,557,000 against

to

rose

National System,

Canadian

the

the

decrease

a

figures

revenue

Canadian

PRESENT

Pacific

ago.

month.

drop

a

in

Net

FINANCING

Class B

participating pfd. stk. (par $5)
stock

common

1953—Month—1952

Working

dividend

equal

the

pn

class

B

100,000 shs.

stock,

is

entitled

49,800 shs.

170,533 shs.

non-cumulative dividend of

a

amounting

to

36c

36c

and

share

per

equally with class B stock,
share for share, all dividends in excess of sftid sums.
^The class A stock is callable at the option of the
company at the
pbice of $6 per share. \
:

WARRANTS^-The

signees

the

the

of

option

class

B

underwriter.

hais

company

ta

stock

purchase at
the

of

given

underwriter

the

price of $2

a

company

for

each

100

The

price of the warrants shall be
the company upon delivery of the warrants. These

assignable
after
be

the

null

transferable

or

of

commencement

and

void

after

exercisable

or

Jan.

the

1,

under

the

purchase
See

also

conditions

same

130
V.

for

warrants

178,

as

a

$

lc

each

offering.. Said options shall
ofifcers, directors and exist¬
the right to purchase warrants

described

each

100

above

units

but

sold

shall

by

entitled

be

the

to

1953,

36,053,532

406,372,078

3,474,813

See

&

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

178,

p.

1566.

Telephone

reported

statement
issuance

used

that

with

filed

sale

and

November—

Gross

from

Net

from

Net

ry.

1953

railway

one

Alter

1952

'

1951

1950

$2,452,025

$2,347,333

625,757

547,433

168,964

484,774

504,254

246,950

181,235

►

the

Net

from

Net

ry.

railway
railway

—V.

p.

29,106,869
12,528,175

24,191,404
8,599,984

6,219,934

■

income...

oper.

178,

of

Of

24,

business

on

5,452,710

Period End. Nov. 30—

Operating
Operating

$6,865,900

expenses

Taxes

505,569

Equipment
Joint

Net

Other

fac.

ry.

rents

(Dr i__

rents

-

(Dr)—,

oper.

income

415,679

.per

'After

$306,843

income

60,596

chase

t

ry.

$4,606,917

$4,014,184

69,513

665,133

$367,439

Rentals, int., etc.
Contingent charges

Dec.

Net

income

'Deficit.—V.

$554,500

$5,272,050

$4,686,115

280,953

287.093

3.236,356

p.

were

par

($100

have

at
to

been

Asset

distribution

of

1953.—V.

Value—
75

share

178,

cents
was

per

share

$15.89

as

of

383.

p.

1,998,703

2.009,518

2298.

1953—11 Mos.—1952

$

s

$

40,934,936

407,482,445

440,554,129

1,931,667

19,917,426

20,393,642

3,818,808

3,973,959

3,818,808

share

$0.32

$0.48

$4.78

$5.09

of

dividends.—V.

178,

p.

2090.

Georgia Ry.—Earnings—
1953

railway
railway




$36,991

'$513,404

and

1952

;

-

...

2,650,000

193,189

-

$2,652,943

$3,298;828

610,337

570,837

:

—-$4.02

$3.69

.

tax

basis,

less

depreciation applicable
to
1952).
(Excluding

prior

years

,

"

.

registration statement with the SEC

a

350,000

shares
"as

a

of

stock

common

speculation"

(25

through

cents

Dee;

on

par), to

an

the financing, $150,000 is to be applied to the
bank loan of like amount Incurred at the

short-term

a

U.

S.

In the present

the

capital

and

Government

With

oper.

$3,494,007

$3,690,357

$3,593,378

729,096

670,559

685,352

primarily to

Net

ry.

—V.

oper.

that

the

or

extensions

Fertilizer

Ammonia,

178,

p.

ry.

1953—Month—1952

$4,905,978

$5,386,841

3,922,519

4,248,130

$983,459

$1,138,711

406,018

507,469

operations
Income—

1953—11 Mos.—1952

$57,506,791 $58,806,125
45,860,215

aggregate.

the

contract

long-term

a

will

and

Cardwell

Manu¬

be

no

retained

change

head of the company
management policies is

as

in

headquarters in Plainville, has
It turns out four main lines of civilian

300 employees.

approximately

products, in addition to military radar units used in weather forecasting
and the Army's guided missile program.
of

One

promising of Caldwell's products, according to Mr.
printed
electrical
circuits,
which
eliminate the

most

the

its

is

MacMillen,

complicated wiring ordinarily used in radio and television sets. Instead,
the circuit is actually printed with current-conducting ink on plastic
or some other non-conducting material.
A number of electronics manu¬
and

radio

using such printed
assembly lines.

now

are

TV

set

circuits

to

"mechanize"! their
_

facsimile
devices to
electronically
transmit photographs and print;
grids for color television sets, con¬
verters to adapt ordinary TV sets to ultra high frequency- reception,
Caldwell

Other

variable

and

The
gross

products

condensers,

company's

fiscal

are

the
year

firm'.^ original line.
endeX jSept. 30 set

a

record for both

and net profit in Cardwell's 35 lears of existence, Mr.
sales
were
approximately $6,OuQ,000.
MacMillen

said

that

particularly

to Receive

in

Soby said.

Chesapeak^ plans to expand Cardwell's
non-militarys!!^1118,—p. 2090.

Competitive Bidding Exemption—See Wabash
178, p. 2571.

below.—V.

RR.

$11,646,576 $11,870,021
4,904,139
4,653,835

to

make

in amounts not to exceed

proceeds,

the

company

bank

from

from
ry.

oper.

from

borrow¬

Net

from

Net

ry.

(1)

railway

railway

income—

$2,934,198
932,797

1952

$3,267,360
950,914

1950

1951

$2,959,286

$2,953,717
863,052

350,039

337,933

310,645

28.501,657

32,953,704

960,841
313,198

31,272,807

From Jan. 1—
Gross

$3,500,000 in the

proposes

1953

November—
Gross

Net

1954,

D.

Chicago, Great Western Ry.—Earnings—

has received SEC authorization

With

Manufacturing,

Cardwell

Net

31,

Allen

contemplated, Mr. MacMillen said.
Cardwell Manufacturing Corp., with

46,936,104

Central Ohio Light & Power Co.—Bank Loans—
company

the

of

Chicago & Eastern Illinois RR.—Non-Carrier Affiliate

-^V. 178, p. 2298.

ings through Dec.

purchased

23

Cardwell, fifth Chesapeake Industries subsidiary
bought within 18 months, was announced by William C. MacMillen,
Jr., Chesapeake President.
«
Chesapeake also acquired the GrenBy
Manufacturing Co., parent
company of which Cardwell is the operating branch.
One hundred per cent of the stock in the two companies was pur¬
chased from four families of stockholders.
Ralph H. Soby, President

product line,

expenses

Dec.

on

Acquisition

Mr.

revenue.

100

2570.

company

Conn.

1,592,440

oper.

oper.

p.

ju—

40,961

Chesapeake Industries, Inc.—Acquisitions—
This

1,930,332

oper.

96,000
40,961
40,961

facturing Corp., electronics firm with plants in Plainville and Stamford,

3,231,922

Net revenue from rail¬

way

178,

10,000
4,450
4,450
6,000

65,330

—

Agricultural Equipment Co., Inc
Agricultural Wholesale Equipment Co., Inc.

3,816,178

Jersey—Earnings—

its

Com. Shares

$504,000
165,000

Inc

Inc

Gross

2298.

the

The

investment in

company's

Inc..

4,425,294

Period End. Nov. 30—

Railway
Railway

the

of

Inc
Co.,

£>,261,245

'

of

companies.

65,330

Co.,

6,516,191

429,140
.

expansion

such

Inc.

Ammonia

7,894,221

Central RR. of New

of

Inc

Co.,

Ammonia

34,927,650

-

.

pur¬

respect

Liquid

Palouse

39,063,913

409,385

com*

the

company

Liquid Fertilizer Co.,
Texammonia Gas, Inc

571,682

income—

finance the

facilities

distributing

Louisiana

39,495,524

,

to

considerations indicated:

332,628

"

stock of the

applied

to the Louisiana companies, the prospectus
holds an option from J. C. Berry of Shreveport, La., entitling it to purchase at any time prior to May 15, 1954,
all of the capital stocks of the following companies for the respective

39,672,140

railway
railway

from

1950

549,809

income—

be

of

invest the remainder of the proceeds in short-term
securities until such time as the directors approve

acquisitions

affiliates.

common

will

nine Louisiana companies.. It is
$750,000 will-be advanced to or invested

companies,

storage

intends to

offering,

stocks

additional

an

Louisiana

further

by

together with 25,000 shares of

that

facturers

*1951

1952

$3,275,263

from

The

$84,724

Income

\

\

.

$41,010,923 $37,551,22fr
6,404,708
4,755.639

198,235

Income

public sale

purchase

all

ammonia

of

3.190.001

182,683

'$90,500

178,

14,

From Jan. 1—

671,931

176,986

—

of

the

company

In

1953—11 Mos—1952

$484,987

for

of

the

in

($100

upar

178, p. 1270.

30,949,024

from

Net

Net

Gross income

at

held,

proceeds

Corp.—Net

quarterly

November—

6,777,309

378^459

Federal

not included

pany

the proposed

stockholders

1,371,966

preferred

4,656,464

387,509

of

registration

3,973,959

com.

Central

9,142,848

31,318

28,038

state

-

1953

-

the company of the 5?£> class B convertible
preferred stock of Southeastern Liquid Fertilizer Co.; and an aggregate

26,455,299

outstand'g

shares

3,915,036

$7,420,426 $81,715,844 $81,117,992
5,790,629
65,563,054
66,440,849
728,563
7,093,459
7,083,066
384,929
4,064,905
3,201,434

5,609,771

____

The

to

held,

shares

the net asset value per

profit after taxes—

from

Earnings Off—

1953—Month—1952

revenue

five

$

Gross

Maine RR.—November

covering

profit before special credit, equal to 32 cents in 1953
1952.
(Amounts charged to expense now capitalized,

in

of $1,018,543,

Withdraws

—

stock

shares

1953—Month—1952

„

Net

2298.

&

17,
five

each

underwriting.

1953,

Sales

22,777,820

27,646,209

16

3,950,000

the net proceeds of

time

on

Net

Boston

Co.

withdraw
its
last, covering

capital

of

each

for

General

&

Dec.

close

Gross

from

25,176,352

$1,990,463

From Jan. 1—

Gross

for

share

provision, for the

on

'Earns,

v

837,148

income

oper.

Aug.

on

shares

share

new

without

SEC

33,320

new

will

company

to reduce short-term notes.—V.

made

Net

$2,476,553

railway

2,895,112

Telegraph

&

the

the

of

one

Carriers

Com.

Bessemer & Lake Erie RR.- -Earnings—

Offered—

Oct.

on

—

to

repayment

391,798,733

Caterpillar Tractor Co.—Earnings—

Hedges,. N. Y. City—May Be Acquired—

and

Whitman

Period End. Nov. 30—

Benson

SEC

taxes

covering

Dixie

underwriter.

,2194.

p.

common

...

the

taxes

Federal

net

on

offered

—V.

is

It

share),

The

reserve

Carolina

per

to

its

Stock

—

(& Subs.)—Earnings—

This corporation filed

18,

Statement—

of

months

(Mo.)

filed -with

Columbia

ratio

13

of

Chemical Enterprises, Inc. N. Y.—Registers With SEC

2195.

p.

the

payable

of

e#
will

Robert F. Brozman, -President,-who i»

to

was

(applying principally to
shares.—V. 178, p. 851.

treasury

$

options shall not be

period

for

cents

thereto

431,548,430 418,254,032

earnings
178,

of

current

1960.

ing-stockholders of the company

for

Net

—V.

ratio

the

Income

Texammonla,

the

by

Corp.

go

notification

profits

conform

to

'■,

de¬

sold

units

shares

Cash

38,948,644

35,081,565

expenses
i

110-shares

share

per

his

or

and

subsidiaries

share and 5,000 shares of class B common
per share. The class B stock was

credit

34

and

share

to

The

1953—11 Mos.—1952

$

38,556,378

earnings

Outstanding

1,000,000 shs.

(par $1)

The class A stock is entitled to
after the payment of an

606,084

including special Cr
tNumber capital shares—
'Earnings per share

■

Authorized

,

Class A

of

profit

states

2090.

Ry.—November Earnings Higher—

Period End. Nov. 30—

Gross

CAPITALIZATION

sale

J-

excess

.

-

Acceptance

before

expected

November

for

month,

1953.

for

revenues

month

$55,061,000

and

consecutive

due

year,

in

the railways is again
income and expense
aggregate-figures for the

System's

$

>

$1,000,000.

sales

tSpeclal

by

moved

the

the

a

participating preferred stock

common

at

of

York

New

transfer

stock

common

underwriting
headed by Lee Higginson Corp.
The public offering price and
underwriting terms are to be supplied by amendment; •
»

Off—

year.

second

corresponding
last

of

of

November

of

current

the

traffic

of

report

month

for

the

Operating
for

the
the

those

Aggregate

Offering-

recent

of

Provision

be

volume

monthly

November,

The

Bassons Industries Corp., N. Y.—Stock

*1,690,640

2570.

p.

operating expenses

•

49,800

*$591,447
*1,441,286

178,

would

"Stated Capital";
par

Years Ended Oct. 31—,.

*$973,163

*136,280

*$88,709
*148,675

the-

in

were-behind

i

notification

of

'

*

'$63,402

diminishing

exceed

corporation

York.

ops.

ry.

the

proceeds are to
stockholder.

3,251,163

Canadian National Rys.—November Revenues

11

offered

3,000,447

income...

oper.

reflected

Basin Natural Gas Corp., Santa Fe, N. M.—Files With

SEC

241,709

from

rev.

statement

The

224,402

expenses.

"•

for

to

$10

grpup

10,785,140

2,554,204-

1,852,970

income

oper.

9,884,937

2,490,627

railway

178,

$2,278,000

'Deficit—V.

From Jan. 1—
Gross

$2,409,000

$161,000

Net

1953—11 Mos.—1952

$153,000

revenues.

operating

Ry.

England—Earnings—

1953—Month—1952

oper.

Public Service

the

2570.

p.

per

'Based

Canadian National Lines in New

Co.

of

offering.—V. 175, p. 2175.

Net

293,454

293,454
$1.53

profits

excess

$49,000

p.

$450,141

293,454

293,454

-

shares

share

per

'Includes

2473.

p.

paid

capital

Earnings

30,195,274 337,395,941 321,439,827,

ops.

rev.

Number

40,260,139 427,748,974 406,453,736

35,028,548
29,451,068

inc.-

$

$

$501,910

profit

Dividends

1953—Month—1952

which

shares

their

to

letter

Profit

Period End. Nov. 30—

amounl

stock of Central Power

par common

"Earned Surplus"

Electric

&

Chain Belt Co.

345,500

8,537

—

taxes——

Income

adjustments

the

authorizing the corporation te
subsidiaries, as follows: (1) acqui¬

its

in respect of

selling

this

792,332

583,500

taxes..

Federal

for

years

31

invested in the
to be used by

(par $1) at $1.90

The

A

1953
1952
.
$11,593,519 $10,371,9191

—

Central,

not offered for sale in Kansas.

(& Subs.)—Earnings—

Years Ended Sept. 30—

•i

be

to

are

of

order

in

the $10

100,000

from

received

stock

the

California Ink Co., Inc.

loans

Wahler, White & Co., Kansas City, Mo., recently offered
publicly 10,000 shares of class A common stock (par $1)

2298.

p.

on

preferred-stock- <$10 par), to be offered for-public'sale at $10 per
ghaifc- with
an .'underwriting* commission
of $1 per share.
Bioren

of

Gas

Century

Outstanding

1,000,000 shs.

cents)

10

borrowinps

FINANCING

PRESENT
Authorized

Common

make

respective construction programs.
Accord¬
ing to the application of Central, its-acquisitions will be made out of

"

This

Central,

stock.—V.

Murder.

bank

subsidiaries

another

$3,000,000 from

acquisition

and

for

to

$3,000,000

apply the proceeds

Wanted

authorization

common

Southwestern

CAPITALIZATION

2474.

p.

Borrowings Authorized

—

cash; (2) acquisition of 300,000 shares of
stock of Public Service Co. of Oklahoma foe
An additional 300,000 shares of Public Service stock woulqt

$3,000,000.

and

from

screen

for

par

the

for

stories

&

entertaining quality for theatrical and TV outlets
A package of five stirring, suspenseful stories

world.

the

investments

corporation, with offices at 24G Fifth Ave., New York, N. Y.,
proposes to begin operation by financing and producing the following
movie
and
TV
stories:
Dark
Violence, Tenya, Tormented, Lucrezia,

'In

Commission—

films

The

whole

Automobile Banking Corp., Phila., Pa.—Registers With

low-budgeted

Weekly."

000

Securities and Exchange

the

adapted

published

147,801

113,781

.

profit

Number $1.20 prior preferred
Common shares outstanding

1952

$16,505,686 $15,792,170

—

before

will

1953

31—

universal

and

throughout

Co., Inc.—Earnings—

&

produce

to

production

the

for

mature

construction

To Make Additional Investments in Subsidiaries—

the

1953,

used

be

its

a presently outstanding note of Central in
payable to the said insurance company.

$2,750,000

of 300,000 shares of

will

$50,000

of

in part, their immediate construction programs. The
insurance company will be delivered in full
payment and

additional

proceeds

178,

Which

notes

costs

finance,
the

to

sition

net

bank

the

1954.—V.

SEC

more

make

the

of

part of

Dec.

The entire proceeds of

of
"Tanya" and the balance for additional production and working capital.
The corporation
was
formed under the laws of Delaware on Aug.

Of

$400,000

for

received

28,

Net

and

finance

discharge of

offering by

shares

1954

(2)

estimated at $964,000

common

speculation,"

a

11,

and

$12,750,000, of which $10,000,000 is to be borrowed from banks
from
tim$ to time during the period Dec. 31, 1953 to Dec. 31, 1954, and
$2,750,000 will be borrowed from an insurance company on

note

Burton Picture Productions, Inc., N. Y.—Stock Offer—

From Jan. 1—
Gross

Chrysler

$12,425,381

„

oper.

Completed

1154;

of

them

See

1952
1951
1950
$13,223,448 $13,064,071 $11,311,729
1,440,822
1,963,924
3,453,052
2,581,634
1,056,615
1,247,887
1,329,142
1,274,463
1953

November—

Gross

Co.—Sale of Assets

notes

Jan.

Central & South West Corp.

1953.

Briggs Manufacturing

Atlantic Coast Line RR.—Earnings—

sinking fund debentures due 1963 fat the
redemptloa
plus accrued interest) and pay off $1,600 000 of

102.25'.<?

mature

program

$1,174,139
693,085

f

declared

171,

2,404,139

$1,287,254

shares

—V.

2,737,254

taxes

Federal

Common

2194.

P.

1952
$40,891,600 $39,271,625

profit

Dividends

165,719,573

income—

1953

Income

income

for

$900,000 of

Sons—Earnings—

30—

other

and

before

Provision

564,284,242 547,760,010 519.597,703 475,896,125
1G2,914;332 128,054,928 156,693,486
70,251,408
62,679,322
64,553,111
76,834,281

railway

railway

oper.

sales

Net

From Jan. 1—

Net

Sept!

Years Ended

1950
Gross from railway
$46,846,377 $49,930,545 $55,766,119 $60,245,714
Net from railway
8,171,615 JL5,031,44O
18,674,592 28,918,176
Net ry. oper. income—
4,021,260
4,491,135
7,590,386
15,428,889
November—

Monday, January 4, 1954

to

retire

—V.

railway

oper.

178,

railway

p.

income

2571.

9.449.571

9,838,140

8,711,989

3,737,074

3,382,983

2,803,911

-

30,306,714
8.958,934
3,299,591

Number 5287

Volume 179

The Commercial and Financial Chronicle

...

York.

Chrysler Corp.—Completes Briggs Purchase—

and

corporation on Dec. 29 completed the $35,000,000 purchase,of
the principal automotive
plants, machinery and equipment of the
Briggs Manufacturing Co., and thereby acquired ownership of the body
Building facilities for its entire output of Plymouth cars. The Chrysler
Corp. already builds bodies for Dodge, DeSoto and Chrysler automobiles.
Within
90
dayjs, additional amounts will be paid for inventories
Neld by Briggs at the time of the purchase.
•
t
Physical transfer of the properties became effective as of 12:00
midnight on Dec. 29. All automotive operations atoe now under Chry¬
sler
management.
L. L. Colbert, President of Chrysler Corp., said
that the newly acquired facilities would be known as the Automotive
Body Division of Chrysler Corp., and announced the appointment of
John E. Brennan as General Manager of the division.
This

t

"The

these

ing

future

between

body-building

facilities' will increase

November—

from

Gross

Net

from

Net

ry.

Gross

12,

NOTE—The

1954,

'

-

1951

9,

1950

$1,530,822

663,634

577,860

257,805

129,864

-

from
ry.

—V.

14,860,429

14,714,683

4,644,534

4,354,765

1,144,937

1,314,261

1953

from

Net

Net

at -Evansvilie,--Ind-.
Not included in the .transaction

1951

$279,385

138,501

89,599

46,462

•

$283,460

61,426

25,712

3,020,092

•

from

-Net

Net

ry.

—V.

*V\f 'V'V\
railway^'— ' 3,169,047

from

railway———"

income™

oper.

178, p.

55,988

•

"

-

Net

sales

Profit

345,301

-

"

260,517

before

•_

-

"1952

-

taxes

Federal

>mc

income

•_

.....

.

........

I

.

-

taxes—1,114,500

Unresolved, questions between- Briggs and the Boeing Airplane Co.
Bavet prevented assignment at this time to Chrysler Corp. aircraft

ment.—V.

178,

♦Based

d.

Emil

Chervenak

and

Kuhn

John

C.

board of directors

the

C.

were

elected

to

The

proposes

company

Mobile

with

the mobile homes

television
The

•

stock

common

by H. L.

outlined

As

The

the

equipment in

department

mobile

•

the

original

as

is estimated

residents

units

of

first

than

more

homes.

annually.—V.

that television

units

equipment for mobile

that

mobile

time

178,

IV4

The

million

industry

have

been

net

the

Commercial

before
for

of

Net

to

inc.

Fed.

to

tax.

784,300

profit

Number

"

case

there

is

for the stock,

made

per

—V.

p.

'

Green,

178,

158,100

1,807,500

Another

$280,971

$1,836,087
2,636,878

2,636,878

$0.31

$0.11

$0.70

$0.17

since

The

Mo.; on or before

Jan. 15.-

The
in

A

M.

Equipment Co.—New

Frac¬

corporation on Dec. 23
covering 16.000: shares of

1952
4,232,726
2,163,419

5,093,120

profit ——
Preferred dividends paid.
Gammon dividends paid —
Common shares outstanding

.

nrofit

♦-Earns,
•After

per

com.

class

A

1,324,854

718,259

1,204,413

$4.01

$1.50

o

p. 383.

Net

^53—3 M0^7?2?
' $24,347

t$28,366
715,000

$0.08

$0.03

MOS's6R92222
$68,222

Nil

requirements.

.

COMMERCIAL AND

is

8,

of

$502,000,
30, 1953

Sept.

to

57

cents

per

stock.

common

purchase

the

conditions

stock

common

forth

set

in

at

the

$6.75

share

per

underwriting

subject

are

agreement
Shares

5,012
3,007

19,994

Herbert

new

expected

Edison

with

of

3,007

Draper,

Hallowell, Sulzberger & Co.

2,005

12,503

Kay, Richards & Co

2,005

12,503

Metropolitan St. Louis Co._

2,085

12,503

Irving J. Rice & Co,,

Inc._

2,005

Corp

Richards &

Co

Hart

&

E.

9,997

&

Masten

Russ &

7,992

Co

Rodman

9,997

Smith & Co.__

2,005

Linn

&

2,005
2,005

Co., Inc

7,491

Jaffray & Hopwood^
Baker, Simonds & Co

7,491

Fauset,

7,491

Cabell

2,005

Wyatt, Neal & Waggoner
Investment Securities Corp.

Piper,

Courts

to

Co

&

Steele &

1,266

1,002

Co

1,002

Hopkins & Co

5,012

Cornell-Dubilier Electric Corp.—Partial Redemption—

routine

all

3,007

&

12,503

corporation

shares

$5.25

of

called

has

for

redemption

Feb.

on

1,

next,

410

stock, series A, at $100 per share and
amounting to 23 cents per share. Payment will be
made at the Registrar and Transfer Cd;, redemption agent, 50 Church

its

preferred

dividends

accrued

subsidiary

Schaefer

W.

14,982

Company
be

to

Co.

Willis, Kenny & Ayres, Inc.
Sears & Co

14,982

Higginson

Illinois

company

Service

5,012

Arthurs, Lestrange & Co-

involved.

are

filed

Street, New York, N.

with

Service

Securities

the

will

and

unaffected

be

Y.—Vi

178, p.

756.

,

-

.."

.

$0.08

tLoss.—V. 178, p. 755.
p

Coronet Kitchens, Inc., Fort Lauderdale, Fla.—Files—•
The

Exchange

the

the

by

at

second

largest

cor¬

Chairman

as

same

Chairman
In the

post

and

Chief

of Edison's
new

northern

Executive

Net

'

-

common

per

tfie

(par $1) to be offered
proceeds are to be

\536,800

$0.48

share

iiw--

810,166 shares

paid

in

'">$1.24

$1j71

outstanding, giving effect to 20%

now

August,

1953.—V.

178,

1159.

p.

Cunningham Drug Stores, Incr/Jfc Subs.)-eEarnings-^
Sept. 30-—-

4953

- -:

income

Fed.

for

*Prov.

1952

1951

1

$42,389,525 $40;M7^)65:$38,218,122

before

^Profit

1,192,9*35

$0.34

the

195# ~

'

.$1,382,892 .$1,008,751
.v 810,166
- 675,274

outstanding-..

taxes

income

v3,623,099 "

;\2,100,000 "

"3;809;183

3,734,151

2,200,000

2,125,000

i

*

£$1,523,099*$1,534,15!

$1,684,183

2

•

taxes__

695,234

1,286,951

1953

.....

taxes

■j Net. sales.x.^

$52,674,097 $41,970,737

—_____

profit after taxes!
::
shares outstanding

on

dividend

-Years Ended

,---

'

""T952J

1953 :,"'

-

after

shares

'Based

stock

*

(Sc Subs.) —Earnings—

20—

with

notification

of

The

capital.

Earnings -per jt&mmon

;

....

Corp.

underwriting.

PetroleumUorp.—Earnings—

profit

Common

Executive

p." 230?.

letter

a

of common stock

without

6 Months Ended Oct. 3 l-r-

Officer,

company.

gas

filed

23

shares

share,

working

Cosden

••

committee,

executive

for

Dec.

on

142,100

per

utility

gas

232

corporation

covering

$1.25

used

the

'After

share_-____<._____.

dividend requirements.—V.

preferred

•

-

Net-

profit

'

v

Number- capital

Earnings

178,- p.'1466.

—V.

shares

-'381,596

381,596

f^381,596

$3.99"$4.02

-

share

per

174,

p.

$4.41

•

!■-

186.

Consolidated Textile Co., Inc.—Earnings—
-

Ist jQuarter Ended—
•

Net

'

Shares

for-the-period—
outstanding at end of

::

$11,000
,.,1,083,161
.*

period————

Earned per share

—V.

178,

company

class

of

$0.11

Nine Months-Ended

Profit• before1 Income

Fidelity Investment Co., Houston, Tex.—

B

Dec.

on

22

filed

of

class

stock

letter

a

A

of

notification with the SEC

of

stock

share-for-share basis.

a

—Shields
fered

an

$8

&

Co. and

Net

—V.

No underwriting is involved.

Dec.

on

28

to

certain

shares of

net

proceeds from

selling stockholders and

CAPITALIZATION

common

the sale of

none

will

these

accrue

to

shares

The

43A%

Common

due

pfd. stock

stock

♦Payable
States.

obligations

cuinul.

to

go

GIVING EFFECT TO PLAN OF RECAPITALIZATION

mortgage bond payable due 1964

Equipment

Outstanding
$312,400 (

$340,000

159,560

monthly

(par

(par

$lt

The

Equitable

Life

6.500 shs.

6,500 shs.

450,000 shs.

$100)

659,998
i

$2,992,433

$2,869,852
'

659,998

•

$4.35

-$4.13

-

-

-659.998
$4.53

568.

p.

company

covering

300,000 shs.

Assurance

Society

of

the

United

be

The

at

-

to

will

working
be

a

letter of notification with the SEC

class-A

of

stockholders

added

preferred stock (par $5) to be
per- share.
The net proceeds

at $9.50

capital.

underwritten

Coburn

& Middlebrook, Inc.,
666 shares of this

same

Dealers Discount Corp., Inc.

Mention

by

who may purchase an additional
price.—V. 176, p. 1963.

Conn.,
the

Dec. 24 filed

shares

to

offering

Hartford,
stock

on

10,704
first

to

are

•>

/ill

the company.

Authorized

5'/a%

■$2,725,573

shares_-__ii,

■

.

6,010,000

Danielson Manufacturing Co.—Files With SEC—

"

publicly of¬

stock (par $1)
The issuance of these shares has been

share.

per

'

6,775,000:- 7,174,000
—__

capital

1951 "
$9,002,433

1953
*'
1952
$9,500,573 $10,043;852

1

taxes

profit

178,

stock to be offered in
Life Insurance Co. on a

Lines, Inc.—Stock Offered

associates

issue of 263,775

;

Earnings per share

offered

Continental Transportation

>

common

Sunland

each preferred share, and 10,000 shares
to
be
offered
in
exchange for Sunland

shares for

A

common

stock

profits

Number

Commission—

Sept. 30—

taxes—•___

for Federal & State income &

Prov;

excess

on

class

of 40

$102,000
947,161-

'

2196.

p.

covering 200,000 shares
exchange for preferred
basis

■

$0.01

Continental

The

Cutler-Hammer, Inc.—Earnings—

Nov. 29,'52

Nov. 28,'53

income

707 500

Co.—Bank Borrowing—
company has taken down another $3,000,000 under a $20,000,000
agreement dated March 9, 1953, with Guaranty Trust Co., New

THE

service

properties.
which will be

Freeman,

PROCEEDS—The

Colorado Interstate Gas
redit

the

approved by the Interstate Commerce Commission.

t

The

surtax

ended

equivalent

"

-

•

707500

share
dividend

and

months

taxes,

Shares

The

Jan.

an

Public

serve

Y.

Sedwick,

'.♦Earnings

at
-

$61,266
71M00

after-- taxes

for

Common

(& Subs.)—Earnings—

Period End. Sept. 30—

income

nine

profits

H. O. Peet & Co

A.

gas

12 Weeks Ended Sept.

260,576

1,204,413

—

will

hold

-P.

—

preferred dividends.—V. 178,

Corp.

ended

19,994

business

2,069,307

260,576

Net

Clapay

be

be

to

of

in the

Charles

common

•After

months

Cruttenden & Co

Co.

Files With Securities and Exchange

10.610.823
5,523,703

Federal <fc State income taxes

share

nine

the

Johnson, Lane, Space & Co.

"iSEC

Sales

pay load

132,298,229 117,235,229

•Earnings per common

to

Savard

Commonwealth.

Consolidated Grocers
v

Subs.)—Earnings1|53

Sofit befo7e7n7omVra«Z:_
Provision for

will
by

company,

V...178,

.

Years Ended Sept. 30—

normal

the

during

For

was $7;927,893 and net income was
share on the'.outstanding common

19,994

the Public Service Company

repre¬

common

Clinton Foods, Inc. (&

;

Federal

excess

Johnston, Lemon & Co,____

Vice-President of Edison and President
Division, will serve as Northern Illinois
President
while Edgar E.
Lungren will be Executive Vice-President.
Mr. Lungren will be in direct charge of the new conipany's operations.

shares

stock (par $1) to be o^red
$6.25-per share;1 or the-last sale price on the .Los Angeles
Exchange preceding date of sale,- whichever is lower. No underwriting
4s Involved.
The"proceeds will be added to working capital.
V. 178,
*. 947.
'
-V V,
•
SEC

or

rates

into

with

will supply gas to about 450,000 customers in
communities outside Chicago.

also

H.

its 7th

Corp.—Files With SEC—
filed a letter of notification with the

Clary Multiplier
The

in

statement

Gale

Mr.

Loading Device—

pulpwood loading device which enables the
of a flat car from one side and carries a

4

filed

was

Illinois,

while

operator to load both
of 9,000 lbs.
4»as been announced; by this company. - Named the
Pulploader, the
^device is • offered as
an
attachment for the Ross Series 15LH fork
«ift truck.'The*device is not available for export.—V. 178, p. 2571.
*

sides

set

operations

new

Illinois

•;

common

Clark

Edison

petition,

owned

Co.

authority for the
properties of the Public

gas

company

porate change

•of

senting

•

new

initially

petition

a

Gas

requesting

the

the
changes

Northern Illinois

when

24

Commonwealth

registration

V. 178, p. 2474.

Loeb, Rhoades & Co. were high bidders for 1,218
stock (par, 33cents) sold by the company and
fractinnal-'shares remaining after the distribution of
consecutive stock, dividend, by the company.—V. 178, p. 1370.
Carl

of

$382,454.

per

29,991

Hill

Commission.

•will

'

to

Federal

the

on

to

revenue

cents

accrued

for

certain

Gale, Edison Chairman, said recently that he expected the
many details of organization and financing to be worked out by early
February.
The
program
is
also subject to
the
effectiveness
of
a

merged

Co.—Sale of Stock Representing

Citizens Utilities

tional Shares—

.

Willis

with $45,000,000 of
€2(000,000 of preferred stock

held at Jefferson City,

Dec.

011

no

stock

toward putting

operate
of

•Hearing

utility,

-4m

99

addition

In

Zuckerman,

Commission

and

own

Division

of

the

\

Straus, Blosser & McDowell

$447,514

2,636,878

share

on

Commerce

.'*•.-

it was indicated.

said

:

Lee

851.

taken

was

company would be a $101,000,000
bonds, $27,000,000 of common stock and
outstanding. 1
A hearing on the proposed sale of the- Gas Service Co., wholly-owned
subsidiary of Cities Service Co.; to the Missouri Public Service Co. will
also

to

Ferris & Co._

2,636,878

shares.

step

Electric

'CMrC<Green

operating

Cohu & Co

181,000

—

any

President

1

Dec.

Walston & Co

1953—9 Mos.—1952

Commonwealth Edison Co.
Hearing on Gas UnitFinancing Expected to Be Worked Out by Early Feb.—

Missouri Public Service, said that if the
merger is consummated, his company would continue to purchase Sas
from the same sources as.at present;
under existing contracts. Gas
Service Co. buys substantially all of its gas supply from Cities Service
J.

R.

leased.

are

Singer, Deane & Scribner__

Subs.)—Earnings—

$812,939

capital

Earnings

opposition from city or state bodies, "Cities
Service would reject the bid made by Missouri Public Service Co.," Mr.
O'Brien said. "'We don't want to lose a favorable financing market.'
One firm bid and two others contingent on market conditions were
"In

;
and 96 power units.

195. transport trailers

Blair, Rollins & Co., Inc

$13,288,603 $12,839,044 $35,208,101 $34,445,358
1,597,239
439,071
3.643,587
628,514

taxes

inc.

(&

1953—3 Mos.—1952

Sales

Co. for $32,000,000.
OJBrien, General Counsel of Cities Service Co.,

4,1

.

six.

from $8,039

rose

equal

company

below

the

stock sale,

com-

■

..

.

other

,

Solvents Corp.

Period End. Sept. 30—

Prov.

$32,000,000 purchase
with an $18,000,000 bank loan and the sale of $14,000,000 of.its com¬
mon
stock.
The companies
would be merger, and then would sell
€18,000,000 in bonds and debentures to retire the bank loans.
He said the bank loan would
be made by Commerce Trust Co. of
Kansas city, National City Bank of New York
and Mellon National
Bank of
Pittsburgh, while Kidder, Peabody & Co. would handle the

in Cin¬

commercial

served

83,000

of

Cleveland,

of

areas'-within''the

UNDERWRITERS—The obligations of the several underwriters named

year-round

are

the

operates 12;termin.als In addition to the three • agency
by- others. : Of these-12 terminals, .the .company

on

1353,

$170,000

designed

upwards

in

Shields & Co

Holdings in Unit—

the

30,

1984.

p.

area

York

TCentucky and Ohio..within the

1949, $49,500 in 1950 ,and $35,750 :in 1951.

income

stock.

homes.

Americans

produces

in

and

operated

$322,856,

share

marked

the

of"New

radius

45-mile-radius

*^

area

communities-

directors

Sept.

coaches.

necessitated

was

and in

Y.

N.

20-mlle

EARNINGS—Operating -revenue of
the .company
increased from
$1,382,329 in 1945 to $9,040,202 in 1952 and during the same period

specifically geared to work
(trailer).industry on design and installation of

of

York,

a

the preferred stock

on

:

Department,

original

as

of

28 declared a dividend of 27*/a cents per share
(covering.the interim period trom date nf issue),
payable. Jan4.! 15,;-1954, to holders, of record- on Dec. -31, -1953, «and a
quarterly dividend of 17 V2C per share on the common .stock, payable
Feb. -1,-1954 to, holders of record on-Jan.
15, 1954.

now

November.

specifically

membership

group

proposed deal involves these steps:
Missouri Public Service Co. would finance

receivers

within

area

Cincinnati,

six and leases the

$22,900 In

$1.12

by increasing
interest in CBS-Columbia video receivers
by mobile homes manufac¬
turers, following a display of CBS-Columbia television-equipped trailer
coaches at the industry's annual convention, held in
Cleveland, Ohio,

Service

Public

Missouri

Gas

of

'

stock

of-capital

;"', " ••-"'f *•;

Homes-Television

organization

This

to sell its holdings of 1,500,000 shares
Service Co.,
a
wholly-owned subsidiary,

shares

was

made in

(S. C.)—Stock Offered—

issue of Dec. 28 of the offering

our

of

23,765 shares of common stock at par ($5 per share).
shares were offered to present stock¬
holders and 20,000 shares to the public by G. H. Craw¬
ford Co., Inc. of Columbia, S. C. Further details follow:

Of this total, 3,765

G.
the

H.

Crawford

common

stock

Co.,

Inc.

at $4.50

agreed to purchase 10,000 shares
share and publicly offer such stock

has
per

an

FINANCIAL CHRONICLE (Reg, U. S..Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 7, N. Y., REctor 2-9570.

Herbert D. Seibert, Editor and Publisher;

Dana

(Telephone

NOTE:

On account

of the fluctuations in the rate of




of
at

In addition, G. H. Crawford Co., Inc. has been granted
option to purchase an additional 10,000 shares on the same terms

$5 per share.

Seibert, President. Published twice a week [every Thursday (general news /and advertising issue) with a statistical issue on Monday.)- Other offices: 135 S. La Salle St., Chicago 3, HI.
STate 2-0613); 1. Drapers' Gardens, I/radon, E, C„ England, c/o Edwards <fc Smith. Copyright 1953 by William B. Dana Company.1 Reentered as second class matter February 25, 1942, at th«
post office at. New York, N. Y., under the Act of March 3, 1879.
Subscriptions in United States, U. S. Possessions, Territories and Members of Pan-American Union, $48.00 per year; in Dominion
of Canada, $51.00 per year.
Other Countries, $55.00 per year.
•
William

'

,

miles

DIVIDENDS—'The company has heretofore
paid .no -regular .dividends.
During the: past ten years the .coippany -paid dividends-aggregating

CBS-Columbia, of Long Island City, N. Y„ the corporation's television
manufacturing division, announced on Dec. 27 the formation

Profit

Cities Service Co.—To Sell

2783.

400,000

4,500

i

receiver

It

T

I.

p.,

of .a

Dec. 23.

on

the

joined

177,

$449,4)96
-

the

on

within

-Additional tractors and combination trailer tractor mnits

%

•

years

of

Equipment includes about

-

in 1947. He is President
of Service Fire Insurance Co., of New York and Service Casualty Co.
of New York, both C. I. T.
affiliates.
Mr.
Kuhn, who joined C. I. T. in 1943, is Treasurer of C. I. T.
Financial Corp.
and Vice-President and Treasurer of its subsidiary,
Commercial Investment Trust Inc.—V. 178, p. 2196.
Chervenak

Mr.

share—

both

in New

C.,

,

Columbia Broadcasting System, Inc.—Forms New Unit

in

■mu

" $585,837

„_——

in

outstanding.—V.

Corp.—Two New Directors—

C.IT. Financial

-

profit

♦Earnings per

2571.

p.

Net

\

defense^subrcoutrac.ti: work currently being performed by Briggs.
;
Bfefense Work, occupies the entire Mound Road plant and a portion
*oI the Outer Drive plant.
In order, to execute these defense asslgnmnts
Briggs Manufacturing Co. will continue for the present as a
teaant in these plants following their transfer to Chrysler Corp.
V Briggs Is fabricating airframe assemblies for B-47 bombers and
•CC-97 cargo and troop carriers under sub-contract from Boeing, and
assemblies for RB-47 reconnaissance- planes under sub-contract from
the Oliver Corp. of Battle Creek,
Mich., also a Boeing supplier.
Automotive customers: of Briggs, including the Packard Motor Car
Ce. for bodiesrand the Hudson Motor Car Co. for trim materials, will
•be served by the Automotive Body Division, under Chrysler manage¬

"

D.

New. .York

Ohio, and in the

of -other

owns

521,000

.

;

and

In -the

and

terminals
.

'

•

facilities........

approximately

Com¬

by • the'system. • The-company's
tariff at Oct. 7, 1953,-named.^a-total-of 2,185
points to-which the com¬
pany offers direct service in the.wreas served.

•

$16,551,652 $11,651,760
■> .1,700,337
970,096

_

of-

zone

New-Jersey

zones

336,450'"

"

income

for

1953

Commerce

routes

-"'.The -company

:•

'•

-

comprises

in

commerce

subsidiaries.

no

the-Interstate

J.,

-mercial-zone

818,903'

Co.—Earnings—
.

™-__

Provision

'■

N.

cinnati,

2,266,103

s 728,505

by

in. Pittsburgh, Pa. .and in the area "in Ohio, Pennsylvania and
West Virginia within a 35-mile
radius
of
Pittsburgh, in Cleveland,

2571.

40 Weeks Ended Oct. 4—

•

operates--a; plant':in

907,371

system

interstate

Columbian It-has

of

City,

1

516,502'

Colt's Manufacturing

company's

Washington,

in

-

Ohio,
■''

1,304,474

1

Pennsylvania on March
in'Pittsburgh, Pa. It is a

D.

,

126,490

2,643,740

-

District

cial

1950

$311,577

the

Washington,

From Jan. 1—"

Gross

-

-

1952

$265,099

i 113,491

railway—
from railway.-...:
ry. oper. income,.—

the

In

located

are

the ..certificates- granted

Newark,

Wyoming Ry.- -Earnings—

November—:

Gross

Incorporated

was

extending generally* from
New
York, N.
Y.;
Trenton, N. .J.; Philadelphia, Pa.; Baltimore, Md.; and
C. in
the East,
to Pittsburgh, Pa.,, and Cleveland,
Canton, Columbus, Dayton,, and Cincinnati, Ohio,-in the -West.
The
company also has operating Tights,over .thousands of -miles of streets
and highways in certain .-metropolitan -areas, such as dn
Washington,
D. C.,- and in the area in
Maryland and ;Vlrginia within the commer¬

4,098,182

2,151,517

2571'.

Colorado &

*

Under

-

stock

by motor vehicle operating in

eight States and
.

13,095,181

4,863,477

2,098,190

income

178, p.

carrier

over-the-road

14,870,552

1

railway

after

common

were'changed

and its executive offices

1933

mission,

railway—

oper.

also

the

$100)

(par

stock

common

$1,459,594

624,424

'421,774

is

3

giving effect to a plan of re¬
(par $100)
and class B
into 5Mi% cumulative pre¬
(par $100)
and common stock (par $1) and the amount
of $922,500 was transferred from "earned surplus" to "stated
capital."

-

189,673

table

whereby

stock

common

BUSINESS—Company

1952

$1,555,916

456,383

■

income

above

capitalization

178,

Ry.—Earnings-

$1,401,799

railway.,-

from

Net
Net

is the Briggs Beautyware Division
Hamtramck, Mich., and has plumbingware
subsidiaries at Abingdon, 111., and Cleveland and Cincinnati, Ohio.
With .the acquisition of
the 12 Briggs plants, Chrysler Corp.. adds
€,544,584 square;1-feet" of floor area on
193.5 acres of land to its
.

Sept.

due

car

Nlant
'.

notes

$17,0,00,000.

1953

railway__

oper.

•

.which

to

From Jan. 1—

Division

Plymouth

3'/2%

on

the utility for construction.—V.

ferred

Colorado & Southern

has been the major customer
of Briggs for a number of-years.
Plymouth produces approximately
50%
of all Chrysler Corp. passenger car output, most of it at its
•Detroit plant; which builds more cars per day than any other single
-automotive assembly
plant in the world.
Plymouth cars -also are
-Built- at Evansvilie, -Ind., and at San Leandro and Los Angeles, Calif.
The purchase,-one-of the largest in-the-recent history of the auto¬
mobile
industry; - includes
10 Detroit-area, plants
and facilities, an
•automotive-stamping plant of Youngstown, Ohio, and a body assembly
Corp's

made

was

1776.

p.

the flexibility

car-building programs.",

Chrysler

borrowing

brings the total outstanding
proceeds will be used 'by

The

"should give us the closest
assembly operations. Add¬
of our plants in their

Colbert, said,
and

purchase,"' Mr.

coordination

The

(3)

exchange, remittance for foreign aubscriptions and advertisements must be made 1* New York funde.

•

*

The Commercial and Financial Chronicle

4,(4)

end

share.

per

securities

of

used by

obtained

be

to

offered

now

by
be

to

are

the corporation
from
added to capital funds

the
and

the corporation to purchase notes.

BUSINESS—This

corporation,

fleptember, 1951, with its office at 105 Exchange St., Darlington, S. C.,
business of financing the purchase of farm equipment through
the medium of discounting dealer paper with recourse on the dealer.
Farm equipment dealers presently discounting paper with the corpo¬
ration are John Deere dealers located in Cheraw, Florence, Hartsville

h in the

i.nd

and their sales
Deere equipment.

S.

Hemingway,

limited

John

to,

principally,

are

addition

AGREEMENT—In

CREDIT

BANK

C.,

Net

funds

capital

its

to

although not
the

has a line of credit with the Darlington County Bank
A
Trust
Co.,
Darlington, S. C. and the Wachovia Bank & Trust
Co., Charlotte, N. C., jointly, in the amount of $100,000. The corpora¬
tion management believes that additional lines of credit may be ob¬
tained
when
the capital funds are increased but has no assurance
that

Net

Outstanding

Authorized

stock

Preferred

(par $5)
(pai\$5) *.

Common stock

—V.

178,

—V.

178, p.

Dec.

be

held

Universal stockholders is to increase lhe
corporation's holdings of Universal common stock."
Issuance of the
additional 145,842 shares of Decca Records stock will increase its out¬
standing stock to 1,500,000 shares.
The prospectus further indicates that, as of Aug. 1, 1953, Universal
Pictures had outstanding 999,308 shares of common stock, plus war"rants for the purchase of an additional 180;001 shares.
Any Universal
stock acquired upon the exercise of such warrants may be
tendered
for exchange pursuant to this exchange offer,
The definitive terras of
the exchange offer (the ratio of exchange) are to be determined by
the board of directors of the corporation on an unspecified date in
January, 1954, upon the basis of earnings records of the two com¬
panies, the dividends paid, the book value, the market history ot the
stocks of the two companies, the prospective earnings of the two com¬

it

the

of

receive

Gas

stock;

and

Duval

below,—V.

Co.

Farms

177,

'declare

to

and

178,

Corp.

for

Prov.

(&

Corp.

seven

"All

653,724

owns

now

the

Commission's

Number

172,000

of

Earnings

$109,000

$17,111,978

376,764

376,764

376.764

Jan.

on

.Street

$1.59

$2.04

$0.53

$0.46

credit.—V.

exhaust

the

trust

177,

178,

Boston,

at

sale

to

1974,

due

$122,556

interest.—V.

accrued

the

for

bonds,

of

sum

trustee,

Co.,

tenders

receive

20

collateral

and

Trust

to

it

Mass.,
of

will until

3%%

first

after

class

to

to

filed

has

Commission
reservoir

a

of

$179.95

Mr.

for

all-

an

Gross

declared,
long-distance circuit

super-powered

television

reception

said

to

fringe

areas,

in

the

in

initial

County, N.

project

would

1952
1951
$25,990,343 $26,075,151 $21,053,854
680,464
1,050,439
737,703
500,181
$2.10

total

a

cost

be

be

would

required

affected

to

thi

that

the

ACCUMEX

Project,

interstate

of

"a

as

foreign

or

the proposed project, the
receive an FPC license

by

for

apply

interests

company

and

before

it

construction.
''

Erie

500,181

$1.36

Y.

have

of

finds

1953

500,181

the
and

sendout

a

which it calls
energy."

plant,

warehouser
Commission

the

will

B shares

with

construction

generate power by releasing
the Allegheny Hills about four

Chautauqua

the

intention

of

proposed

tne

would

built

be

Erie

that

declaration

a

covering

which

to

Lake

from

operate

commences

taxes
and

a

at

and

areas

$60,000,000—for

wholesale

and

share—.——

$1.60

A

per

and

both

capacity of 400,000 kilowatts.
The company plans to serve several electric systems covering territory
about 100 miles in radius from the station.
The company said it plans

If

Sales

profit

Emerson

hydro-plant

a

company

about

of

mortgage

102.137c

exceed

of

commerce

Net

price

presented,"

we

unsurpassed

reception'

Power

from

water

noon

sufficient

amount

an

not I to

prices

30-j—

$149.95,

receiver,

This receiver is also available in UHF-VHF

receivers

exclusive

brings

corporation

miles inland

2677,

p.

Easy Washing Machine Corp.—Earnings—
9 Months Ended Sept.

at

contrast for resttul viewing."—V. 173, p. 2572.

operation

1777.

p.

model

UHF-VHF

prices in the industry.

record-breaking

television

the

Federal

The

State

table

82-channel

lowest

Proposed Hydro Power Plant—

672,000

Eastern Gas & Fuel Associates—Tenders of Bonds—
The

17-

the

Energy Accumulation & Exchange Corp., N. Y. City-

1,440,330

376,764
carry-back

17-inch

a

an

the

the

at

the

wS^h^feep

1953—9 Mos.—1952

-"$768,330

tax

of

and

were

in mahagony.

'difficult

local

$599,363

share—_

per

"Includes

model

three

which

design

to

$174,030

shares.'

a

all-channel television receiver.

an

the company

1013

"contain

order

".'$198,887

capital

1013,

$179.95,

at

strong-signal city center areas.
Decoright series of 21inch table models also has the rectangular
black
picture tube which provides bigger, brighter, sharper pictures

$4,693,787 $15,520,501
75,030
1,160,363
Cr99,000
561,000

370.887

tax,

profit

1954.

Model

listed

be

receiver.

This

Net

will

The

1953—3 Mos.—1952

taxes

inc.

Emerson

new

model,

is

Model

as

2304.

p.

$5,004,445

inc.

Fed.

that the

table

blonde, limed
displayed to mid-

be

Jan. 4,

on

to the 21-inch Decoright receivers, a new 17-inch tele¬
Model 1012, was introduced.
It contains a rectangular black
housed in an acoustically constructed handsome modem

and

channel

Mining

Chemical

The
and

delivered

July

178, p. 385.

43.

p.

by
All

table cabinet

a

Subs.)—Earnings—

Sept, 30—

UHF-VHF

history for

table

,

pay

shares of the additional Duval stock

93,389

will

addition

tube

stock (no par), payable on

United

1953.

dividend.—V.

a

Profir before

—V.

Corp.—Partial Redemption—

Packing

Seabrook

10,

—

Earnings

See

Dec.

to

sales

Number

1875.

and similar matters.—V. 178, p.

Deerfield

of its capital

145,842

present exchange offer to

panies,

SEC authorization

the holders

(74,71% )

Eastern

"to be issued only

the

ductions

$199.95.
In

to

on

issued as

Net

the SEC on Dec.
shares of capital stock, 50 cents par value,
in exchange for shares of common stock ($1 part of
Universal Pictures Co., Inc."
The ratio of exchange is to be filed by
r.meudment.
According to the prospectus, Decca Records now owns
<^00,075 shares of the outstanding Universal stock.
"The purpose of
covering

1953

$0.10

1953, at the rate of one share of Duval's stock for each

31,

authorizes

40,000 shs.

corporation filed a registration statement with

This

P2,

—.u

$0.02

$0.10

share,,

has received

company

announced

maple,

walnut,

Gross
declared
that
the
low
price of the new 21-inch table
Emerson Model 1000, is in line with the traditional
Emersotj
of offering the highest quality merchandise at the lowest prices
in the industry. The most recent applications of this
policy were intro¬

2196.

dividend

in

mahagony,

distributors in Chicago

policy

$0.02

0.09

Duval Sulphur & Potash Co.—Stock Distribution—
This

in

finishes

Emersonite

model,

v

Exchange Offer—

price

vision set,

stock

also

82-channel

21-inch

9 Mos. End.

Decca Records, Inc.—Registers

$0.28

$0.37

v

2571.

p.

40,000 shs.
40,000 shs.

—

—,——_—__—,1

per

cabinet

and

Western

Mr.

$19,325

$360,617

'

C'ashl dividend

wood

and

Gross

lowest

shares-

976,023

earnings
Special credit

shares

FINANCING

PRESENT

EFFECT TO

GIVING

inch

85,233

specHucredit

earnings and

Net

shares

effect.

CAPITALIZATION

-Ik—-———i

Mr.

19,325

275,384

with

mahagony

Western

$23,500,330 $26,126,825

r.

Earnings per share on

corporation

to

earnings

oak,

1952

in

Carolina

South

in

1953
-

Special credit

incorporated

'

sales

Net

models,

Corp.—Earnings Show LJain-

Fiscal Years Ended Sept. 30

PROCEEDS—Funds
C3le

D up lan

the public

agreed to use Its best efforts to sell such stock to

has

$5

t.t

Monday, January 4, 1954

...

1,

—V.

Trust

&

Co.,

New

bank is trustee,

me

has

York,

$12,060,0^fflT first mortgage 4lA%

for which

1983

178,

Co.—Bond$ Authenticated—
Bank

authenticated

bonds,

series

A due

paying agent and registrar.

2304.

p.

Elgin, Juliet & Eastern Ry.—Earnings—

Western RR.- —Earnings—

Delaware, Lackawanna &

Net
Net

ry.

678,612'
82,775,259
18,882,355
9,378,591

85,270,282
19,411,388
9,493,938

1,252,101

railway

from

income—

oper.

437,350

$7

$7,871,411
2,137,058
1,059.998

$6,937,548

railway^

from

1952

1953

November—

Gross

November—

Gross

1950

1951

1 ,397,704

$7,142,125
1,551,252

723,463

from

73,906,394
15,497,302
7,434,039

Net

from

Net

ry.

—V.

railway—

income

from

,527,595

to

The

approve

will be asked at a special

28

increase in the authorized stock to
par
$1.
S.
B. Petrie,
Secretary,

an

shares,

plans

stock

new

"below

would

5,000,000
said the

market

present

from

from

Net

ry.

present stockholders in proportion

to

oversubscription privilege)
at
(about $20 a share).—V. 178, p.

& Ironton

RR.—Earnings—

from

Net

from

Net

ry.

—V.

1953

1952

Net

ry.

1950

1951

"Net

from

Net

ry.

—V.

16,339,007

.6,353,597

6,967,592
3,361,395

elgiloy

5,364,669.
2,340,618

.

2,641,268

serial

&

$7,422,123

notes

net

3,116,088

Co.

1,349,960

1,315,273

1,513,387f

,

;

70.904.036
22,860,564

59,582.742
16,574,350

10,411,770

10,584,735

8,665,681

p.

and

at

up

with

from

ol

Bend,

accrued

100,

new

issue

our

Dec.

interest.

Further

interest

direct

details

in

Jan.

perform

obligation

1957

at

101

item

in

Elgin's

diversified

manu¬

business

manufacturers'

has

extremely

before

Provision

43,592.436

38,268.172

33,179,744

39,852,354

17,915,976

16,621,513

15,973,040

17,543,983

interesting

of

metal

its

im¬

ball

service

for

"Earnings

is

confronted

fountain

for

nibs,

pen

shaped for bearings used in scientific and industrial control
because of its high shock resistance, corrosion; resistance,
properties.-

share to residents of California only.

per

taxes

1,835,608

1,022,837

1,036,246

$801,549

$799,362

paid

40,235

52,439

632,209
share

common

dividend

:

611,267

1,806.464

1,746,859

$0.42

outstanding

$0.43

________

requirements.-—V.

Farrington

before

178,

1568.

p.

Provision

for

taxes—_

000

shares of class

per

share.

Federal

Net
profit
"Earnings per

in

income

taxes

2,165,000

PROCEEDS—The

1,091,000

$1,280,244

periods on
178, p. 2475.

Co.,

880,403

property.

to

are

Emerson

Radio

Bonds

—;

to
.

&

capital

shares

currently

Sold

Privately

pay

.

for

additions

exclusive
in

and

tons,

will

and

improvements

Chicago

Corp.—Presents Air-

The

4,

complete

a

to

its

line

were

Dec.

displayed

29

of

Eastern

on

by this
residential

room,

distributors

at

29

series,

two

one-half-ton

of

expansion

which

contains
models

(Standard

the

"Install

(Standard

and

De

the

working capital.

months

10

and

the

has

to

ended

Oct.

31,

$353,062.—V.

shipped

about

totaled

1953

178,

2304.

p.

the

delivery

last

contract

against

approximately

fiscal

Fedders

for

represent

for

1954,
Salvatore
Giordano,
he said, exceed the total

orders,

are

Hand—

on

orders

for

during

50%

remainder

Some

received

units

These

21.

and

orders,

substaptial

a

will

start

Giordano

year.

brand

distributors'

production for Crosley

these

orders

is

now

and

Luxe).

It

stated

of

which

Jan.
that

is

for

being

contract

accounts.

facilities

,now

Full

1.
with

the

new

available,

production is running far ahead of a year ago and that the combined
capacity of the company's Buffalo, N. Y., and Maspeth, L. I., N. Y.,
is more -than triple that available last year.
preliminary

upon

quarter

period

primarily

is

figures,

ended "Nov.

quarter

corresponding
delivery

year's

three-month

Giordano

Mr.

1953,

last

of

one

its

and

10.

of

However,

production

sales

said,

for

the

above

13%

he

noted, the first
orders received for

against

normally

are

the

Earnings

periods.

sales

approximately

were

year.

for

the

the

company's

lowest, of any of the
quarter
are
not' yet

available.
Mr.

and
of

Giordano

business,

working

stated

will

that

be

because

of

to

necessary

requirements.

He

retain

present

indicated

that

thp common stock could be resumed late in the
distribute

and

featuring

Luxe)

outward

it

capital

Yourself"

De

The

part

after

plants

tie-ins

Through

one-third-ton

models

for

used

for

cor¬

showing

a

1954.

"Compact"

feature, offers
two

units

revealed

was

The units, which range from one-third ton to three
displayed to mid-Western and Western distributors in

Jan.

on

produced

Based

City.

be

Dec.

on

RCA-Victor.

Mr.

the

air-conditioning

Yourself"

air-conditioners

York

be

amounted

conditioner

future

It

introducing

commercial
New

"Install

the

for

income

already

air

said

these

Of

.

..

Phonograph

revolutionary advance in

when

rentals

room

President,

The

—

Conditioning Line—
A

and

and net

corporation

made,

used

_

.

will

...

Co.

be

completed.

was

facilities and

Fedders-Quigan Corp.—Large Orders
The

deliveries

Electric

proceeds

sales

200,000

$1.02

sold privately to Berkshire Life Insurance
issue of $250,000 25-year first mtge. 4%% bonds.

an

Net

accounts

the

common

proceeds

Sold-—Chace,

Dec. 22 offered 15,stock (par $10) af $13.25

ties.

$900,624

$1.45

:

both

net

Stock

on

BUSINESS—Company
manufactures
imprinting
devices
(ChargaPlate Service), jewel cases, display packages and other metal
special¬

number

:

share

A

The offering

company's manufacturing

Oct. 4, '52

$39,426,085 $33,343,982
-3,445,244 > 1,991,624

L—

w

—

EARNINGS

OF

Oct. 10, '53

income

Manufacturing Co.

Whiteside, West & Winslow, Inc.,

$11,246,651

STATEMENT

sales

poration

offered 50,000 shares of 6% cumulative convertible
pre¬
ferred stock at $10 per share and 150.000 shares of com¬

income

paid

preferred

1952

$5,447,401
„

possibilities,"

manufacturers

many

applications

new

40 Weeks Ended—-

Profit

in

dividends

shares

reputedly

non-magnetic

Net

178,

state

and

—.

dividends

"Alter

problems."

principal

COMPARATIVE

to

1953

$5,290,518
1,824,386

profit

Common

*

Subs.)—Earnings—

—_______

taxes—*—

Federal

Common

specifications.

(&

Sept. 30—
income

income

for

Preferred

program.

to

Profit

first

Offered—Eastland,
Douglass & Co., Inc., San Francisco, Calif., on Dec. 16

per

1,827,457

151,485,323

Finance Corp.

operating

Net

case.

offering will be used primarily for the
parishes in the Diocese of St. Cloud. In addition,

.

$1

signicifant

a

v

being the only material other than gold which can
successfully the corrosive action of modern writing inks.
The
alloy is also being used for flapper valves, dental equipment,
refrigerator springs and
aircraft
instruments.
It
has
been
made

the

and

stock at

2,097,506

164,122,449

2304.

Gross

nickel.

and

important

an

difficult

The

Discount Corp. of America—Stocks

mon

cobalt

withstand

follow:

1,

each

1,909,541

161,372,316

_

Family

company has

public offering by

$600,000

including

and

accrued

of the

14

of

4,204,730

1,450,842

income

oper.

178, p.

3 Months Ended

following removal of government restrictions

fabricate

Ellenville

of the proceeds will be used for various parish
also for general diocesan purposes.
See also V.

part

ry.

1950

$14,693,524

4,432,464

1—

railwayrailway-

from

Net

1951

4,221,622

168,202,670

.income—

oper

1952

$15,115,727 $15,430,340

3,376,755

from

Net

marketed

could

"Based

2303.

p.

8,362,047

2303.

Wis.,

to

use

become

outstanding.—V.
178,

West

redeemable

are

establishment of

however,

in

of

be

2,474,708

12,026,039

proceeds

provements

3,594,566

President, said the company plans extensive pro"elgiloy" alloy, for which many non-horological appli¬
developed prior to the Korean war, and that he expects

can

$G,556,317

3,411,735

74.739.034
23,843,343

below.—V.

100

at

sive
to

and

78,645,744
27,718,658

made

was

thereafter

The

3,497,790

wide

a

Fairfield, Iowa—Sale Approved—

Corp.

notes

The
»nd

3?392,576

instruments
1950

1951

$7,943,379

2,792,5201
1,254,906

income

Cr Ziegler

in.

into

RR.—Earnings—
1952

2303.

Philco

ry.

1953

$13,845,244

railway—._

railway—

From Jan.

Gross

2572.

p.

fabricating

One

$6,960,773

1—

railway

p.

Mention

20,442,759

from

45,109,642

18,573,570

explained, "because elgiloy can be used advantageously
variety of industrial and commercial products.
Our exten¬
research and production work with the alloy should
qualify us

17,101,715

Diocese of St. Cloud, Minn.—Notes Offered—
B,

Net

Shennan

16.193,830

2,791,950

income—_

oper.

Mr.

296,777

6,342,620

railway—

Dexter Co.,
See

50,441,212

15,045,055

through the company's abrasives division as raw
stock in either wire or strip form, but Mr. Shennan said
Elgin also
hopes to develop a market- for special-purpose alloy parts which the

20,757.932

railway

178,

will

102,753

1953

railway

from

It

279,581

From Jan. 1—

Gross

44.120,094

15,082,652

facturing and sales

615,557

__

its

metal

with

income-

oper.

were

"The

2571.

from

from

of

$1,439,231

railway-—

from

Gross

Shennan,

motion

cations

314,727

Denver & Rio Grande Western

Net

G.

268,168

railway-

p.

J.

$1,412,037

November—

Gross

51,128,306

178,

consumption of

on

622,200

$1,519,525,

$1,717,503

_

income.

oper.

178,

660,392

income...

specialized commercial

company

From Jan. 1—

Gross

303,602

unique cobalt-base alloy developed by this company for rust-proof
break-proof
mainsprings is being placed on the market for

and

577,608

railway-_

railway

oper.

price
240.
a

an

November—

Net

586,031

RR.—Earnings—

November— I

Net

railway
railway

oper.

"Deficit.—V.

the

offered

be

(with

Detroit, Toledo
Gtoss

ry.

A

meeting

purposes."

holdings

the

1,903,760

"589,267

from

from

Net

issue

to

corporate

their

to

Erie

$4,458,988

1,739,025

Elgin National Watch Co.—Enters Metal Field—

and sell the shares "as expeditiously as pos*
€ible."
It is planned to raise $10,000,000 of new capital. The company
will
use
the proceeds
for working
capital,' retirement of debt' and
general

1950

$4,587,910

1,893,118

From Jan. 1—

Net

Corp.—Plans to Sell Common Stock—

3,000,000

company

1951

$4,727,258

"1,074,226

income—,.

oper.

1952

$4,327,455

—V.

stockholders of record Dec.

18

ry.

1953

railway--

railway

2303.

p.

Delhi Oil
The
Jan.

Net

Gross

railway

oper.

178,

from

756,665

,283,284
,020,266

From Jan. 1

Gross

from

Net

a

with

quarter of

Bozo

Capital
million

a

the Clown

and

current

earnings
cash

meet
on

1954 fiscal year.

Records,

Fedders-Quigan plans
to
containing children's records

albums

hit

tunes.—V.

178,

2475.

p.

^

ap¬

of all four models is identical. Both De Luxe models are
pro¬
with thermostats to control the
cooling cycle and are especially

volume

to

dividends

pearance

Drackett
Years

"Net

Co.

(&

before

Prov.

for

inc.

Fed.

income

1953
1952
1951
1950
$27,870,967 $27,725,639 $24,817,599 $21,392,465
1,181,561
1,452,819
1,528,962
965,449

&

taxes

State

600,505

Darnings

736,920

p.

six

379,548

$792,042

$585,901

390,384

390,384

390,384

705,960

705.960

705,960

$0.67

$0.86

$0.97

$0.68

2530

(E. I.)

and

V.

172,

p.

fr
c

registered

which

Is

controlled

by

Securities

company,
has applied to the SEC for an
:emption order permitting du Pont's
acquisition from Imperial Chemi¬
Industries Ltd. of 28,735 shares
of the common stock of Canadian

a
istfles

series

Eight

of

units,

standard

A

are

Just prior to

the sale,

ICI proposes to transfer

w*y organized wholly-owned
Canada, Ltd. The purchase

v833,315 (Canadian dollars),




or

air-conditioners,

the" luxury

of
also

were

De

offer

models

16

three-quarter-ton units and
eight DeLuxe models are in

and

three

each

a

line

Three

are

two-ton

model

have

functional

lour

square

the CLL

subsidiary, Imperial Chemical

price to be paid by du Pont
$29 per share.—V. 178, p. 1567.

31

and

space-saving

within

the

Standard

models

of
and

Firestone Tire &

air-conditioners

two

three-ton models

and

compact

design

also

was

were

and

presented.

each

These,

lowest-priced

21-inch

occupies

only

Profit

television

receiver

in

history,

which will retail for $179.95, was also introduced on
S. W. Gross. Vice-President in charge of sales,
to the
distributors of the company at a
showing in New York City.
receiver

making
sets

to

was

one

available,
match

all

u___:

before

of

the

for

a

table

Dec.

29

foreign
income

six

21-inch

Decoright

Common

table p

taxes

1952

&

10,792^030

exc.

47,400.000

dividends

"After
of

43,081,717

400,112

—

\

454,509

14,747,850

3,912^993

$11.77

$10.89

shaffc

dividend

certain foreign

13.678,463

3,938.062

outstanding

preferred

4o|90oio00

46,748.971

profitsa taxes

dividends
shares

$

1,029.402.035 965,364,427
94,148,971
94,773,747

income;

"Earnings per comoran

come

^

profit

Common

Decoright models presented by Mr.
first time in history, low-cost tele¬
The

Net

Preferred

Eastern-

six

the

furniture.

for

income

Receiver in History—

model

This

1953

sales

p. 230<

(& Subs.)—Earnings
$

Net

(•Unremitted

21-Inch TV

by

vision

working capital.—V. 178,

Rubber Co.

introduced.

Provision

Gross-,

to be added to

unit

reach

feet.

Lowest-Priced
The

publicly offered 100,000 shares of capital stock
at $17.75 per share.

(par $2.50)

Years Ended Oct. 31—

commercial

One

a

Dec.

(Calif.)—Stock Offered—A group of
headed by William R. Staats & Co., on

The net proceeds are

compact,

air-conditoning

announced.

Luxe.

of

central

Fluor Corp., Ltd.

underwriters,

air-conditioners

eight

,

residential

three

Corp.,

cal

j

installations.

Inc.—Acquisition—

Christiana

investment

.J'uustries Ltd.

units.

too,

663.

du Pont de Nemours & Co.,

company,

bedroom

"Custom"

one-half-ton

budget,

every

about

This

two

one-ton

Six

705,960

share

com.

for

Emerson

bringing

$712,667
390,384

outstanding

per

176,

740,152

$581,056

profit
Dividends paid
Com. shares

The

including
the line.

taxes__

Net

—V.

recommended

Ended Sept. 30—

sales——

Profit

vided

Subs.)—Earnings—.

requirements.

subsidiaries.—V.

(Amount

178, p.

of

1272.

unremitted

in¬

Volume 179

Number 5287

•?

The Commercial and Financial Chronicle

...

t

(5)

5

\

Forest Lawn Co. (Nev.), Glendale, Calif.—Debentures
Offered—The company is offering an issue of $300,000
3%' debentures, series J, due June 1, 1973 at 100% and
accrued

interest,

through

Forest

Lawn

"

.

The debentures

dated June

are

tions

of

$50,

$100, $300, $400

time

at

par

and

accrued

Forest
and

Lawn

and

all

Memorial-Park

$500.

Forest

Lawn

They

the

of

""Based

redeemable

are

at

any.
v

Memorial-Park

unsold

partly

lands

which

used

are

said

property,
of

the

and

statuary

suitable

directing

for

in

use

to

property

City

connection

of

This

in

acres

with

5%

terms,

as

by

of

mausoleum

articles

and

buildings

cemetery

of

property,

merchandise

the

mortgage

25-year

5%

Aug.
1,
1964
30-year convertible 3%
June

1,

30-year

37c

the

short

United

;

v

funeral,

Z1966

to

due

-

stock

178,

annually

financing

the

of

$1,750,000

$1,128,100

and

will

discharge

or

to

owing

by

the

the

for

in

whole

months

property

in

or

Capital

company.

14

a

for

used

be

supplied
part of'

be

become

part

31,

1954.

300,000

June

A.

nell

;

District

Alfred E.

Judge

approved a petition

by

his

Modarelli

asking that

-•

* »

-

-

at

Newark, N. J.,
receiver be appointed to

a

•

•

•

Common

shares

Earnings

per

—V.

D.

178,

300,000

its buildings for

renting

Judge Modarelli noted
trading its common stock

from

next

the

this

five

company

the

on

years.

had

American

"sus¬

been
Stock

Ex¬

1954,

:

M90.000

-

•Year Ended Nov.. 30—

2,500,000 Shs.

Profit

before

Net

insure

$1,850,728

taxes.

income

taxes

1

1952

$813,598

$645,709

„

434,256

2,400,000

2,400,000

2,400,000

337,633

$0.77

$2.51

$2.18

—V.

$379,342

declared
shares

Earnings

2,400,000

$0.80

profit

Common

$6,020,230,> $5,237,385'

sh.

174,

...

——

...

,

65,043

216,811
$1.42

share

188.

p.

130,087

216,811
$1.75

__•.

outstanding...

common

per

$308,076

-

-

before

Prov.

for Fed.

Net

inc.

taxes

per

•After

178,

$

$

2,092,470

1,820,000

873,000

6,005,000.
5,716,846

1,459,606

1,459,614

1,459,606

$0.76

$3.69

outstdg.

share

com.

preferred

dividends

requirements.

tBefore

Net

taxes

.income

on

for' Federal

taxes

$50).

The

3,038,777

3,803,807

1,656,134

—V.

revolutionary

splash shield which

new

—

$1,382,643

will

toward

insure

the

maximum

highway

offers

stock...

common

on

be

about

will

from
ry.

Gas Service Co., Kansas City,
Cities

Service

Co.

above.—V.

fixed

Jan.

time:

Boat

Gross

$1,318,453

be

have

Mo.—Proposed Sale—

178,

14,

p.

is,

port

any

of

Only

in

ry.

—V.

337,200
$4.37

than

fact,

the

See

world's

of

ways

First

first atomic-powered
corporation's Electric

the

at

cipal

Groton,

shipyard

are

said

have

her

concentrating

now

launching.
required before

be

will

eventually

take

she

fleet

our

Navy.—V.

will

been

would

income

155,089

273,672

230,300

1,040,108

Earns,

51,093,000
7,635,738
968,819

4,186,737

income

Net

52,243,000
12,874,546

52,031,000

9,246,393
2,579,345

I

be

Net

in

she is

in

"Nautilus"

dockside

and

out

tests

of

ready.

She

will

thereafter

then

be

sales

Net

profit

•Earns,

per

•After

ry.

S

Net

165,912,548

5,714,574

12,201,372
5,816,762

$1.04

$0.99

$2.03

$1.91

requirements.—V.

354,475,594 324,243,438

178,

The

below.—V. 176,

cipal

preferred

Magnetic
wide-screen
announced

on

.

$1.24

dividend

movies—are
on

Dec.

22.

now

(& Subs.)—Earns.

from

tracks.

This

which sound

The

$0.80

contrasts

adds:

time
the

with

•in

price from

■come

to

volume

from

the

Initial

of

$4,300

smaller

orders

for

to $11,000.

preponderance

of

'The

"Stereophonic,

at

track

for

The

before

$9,000,000

Life

prin¬

Insurance

Co.,

18 other institutional

STATEMENT

OF

in¬

of

a

picture

and

conventional

four

com.

per

$

$

See

orders

been

the

Most

of

houses,
from

the

the

company

commercial

sound
more

has

systems,

recent

company

first

Corp.

from

have

Net

from

Net

ry.

first-run

theatres

in

equipment

will be

used

the

Gross

from

10,687,261/

14,102,231

10,600,367

$0.99

$1.31

$1.26

178,

1371.

p.

178,

p.

1951

1950

2,082,483

2,513,249

2,694,754

3,144.432

803,140

898,370

1,052,821

1,868,409

85,919,316

84,829,398

80,295,446

71,270,858

25,886,807

,

21,957,720
8,442,464

20,980,482
8,292,094

•

2306.

(&

Period End. Sept. 30-

the

sound

heads

profit

•Earnings
are

used

on

the

Simplex




XL

projector

178, p. 2197.

made

Subs.)—Earnings—
1953—3 Mos.—1952
$

Net

•Based

by
V.

178, p.

after

taxes

per

'share

in

all

1877.

periods

•

$

23,598,120

178,

666.

p.

1952

$4,46/,349

176,015

taxes

t25,080

:

Crl9,929

4,142

t$20,938

625,000

625,000

Nil

to

$15,000

credit

$0.03

representing

fProfit.—V.

474,

reduction

in

2189.

p.

Dec.

on

filed

21

shares

share,

per

to

for

pay

a

letter

class. A

of

without

drilling

notification

of

stock

common

underwriter.
and

expenses

The

with

the

$1)

(par
net

to

proceeds

leases.

has

been

of

Government Contract—

made

by the U. S. Navy of the first flights
helicopter at the company's Palo Alto,

HOE

these

its

of

than

500 pounds,

the HOE can

India, has purchased its first helicopter
in that state ready to begin a variety

Bombay,

which

12-B

more

weight.

own

is

now

175,

48.

p.

income

1953

1952

$9,851,460

$8,841,979

550,990

615,036

taxes;.

Federal

and

state

income

taxes

273,000

304,400

$277,990

$310,636

394,200

395,600

$0.70

also

!f

capital

$0.79

$1.31.
shares

.

-

shares

share

per

Hoe & Co., Inc.—Special

Appellate
Dec.

on

notice

Appellate

previous

of13 the

such

of

decision

of

the

had

signed

for

19,

Jan.

meeting not later than Dec.
unanimous

by

Supreme

have

to

Dec.

on

Court of the State of New
of this corporation to call

stockholders

a

28

Court

31,

1954,

and

1953.

vote had already upheld a
which supported the position

that
special meeting.
committee

sets forth in full

the

the

class

A

stock¬

purposes

of the

meeting

these

A

protective

right

a

order

Meeting^ Ordered—

Supreme

management

class

Division

stockholders'

special

the

its

of

the

of

ordered

meeting

mail

to

The

Division

28

which are the same as those stated in requests for
the meeting filed in
writing with the company on Oct. 16, 1953 by
owners
of more than a majority of the 'outstanding class A stock.

to

the

and

certain
General

interests

best

is

purposes

against

Board

of

to

have

the

stockholders

hear

of the directors Including
Counsel, accusing them of
the

corporation."—V.

178,

the

and act upon
Chairman of
inimical

"conduct
p.

2476.

$

30,821,000 116,828,000

$^.74
on-

from

tincludes

1953

;

empty weight of little

special

the

1953—9 Mos.—1952

$

41,067.000

$5.62

arising

178, p. 853.

charges

Corp.

years

prior years.—V.

taxes

effect

number

for

Number

The

9,898,380

Oil

for

prior

credit—estimated,

Co.—Earnings—

$2

Among

25,926,961

10,265,539

Gulf

income

on

of

profit

holders

or

International Projector Corp., a subsidiary.—V,

Net

$7,989,612

ry.

.

profits

excess

129,000

used

before

(R.)

$7,943,999

Net

p.

income

on

Years Ended Sept. 30—
sales

a

1952

from

178,

$4.97

taxes

flight assignment.—V.

I.—Acquisition-

Net

—V.

293,060

$2.37

Hershfield, Jr., Inc., Tulsa, Okla.—Files—

than

2573.

$8,240,571

income.

..

527,508

293,060

contingencies.

at

an

Earnings

attained

point where it originates on the screen. A fourth sound
'special effects' is wired to speakers located in various parts

for

Hiller

—a

10,600,367

1953

railway-

$1,647,722

615,426

293,060

13,636,101

10,600,367

$7,656,510

railway
oper. income..

$1,456,679

643,606

$3.60

unused

Government

Profit

From Jan. 1—

by

(-are.a^during a special holiday
Cinemascope picture which opened on

$867,869

share

per

more

21.240,653

below.—V.

1,094,102
,

293,060

Navy-designated
plant.

The

24,154,448

$1.04

railway

oper.

t3,110,000

(Charles E.) Hires Co.—Earnings—

10,600,367

railway-

275,000
Cr530,000

share.

giving

be

With
lift

16,563,685

November—

Gross

compared

orders

said,

1

ranging

York metropolitan

Robe,*

ram

$

P

Gulf, Mobile & Ohio RR.—Earnings—

only
received a
use

1,200,000

1950

$47,537,854 $38,952,839
4,566,679
2,741,824

is H-32)

York

for

taxes

corporation

The

company

the

Similar

in

Hajoca

1951

612.869

The aircraft,
often referred to as the "Hiller-Hornet," is a com¬
pletely redesigned version of the original Hiller-Hornet helicopter first
flown in 1950.
Company designation for the military model is HJ-1.
The HOE,
H-32 is a two-place rotary wing aircraft with 23-foot
rotor blades driven by small ram jet engines located at the blade
tips.
Power plants have no
moving parts whatsoever, and engines may be
changed in a matter of minutes with no other tool than a screwdriver.

—V.

track

1952

Net

Grinnell Corp., Providence, R.

1778.

for

34,876,754

requirements.—V.

.

p.

new
tip-mounted jet helicopters are sched¬
delivery to the Navy, Marines, and the Army (designation for
in the spring of 1954. It is the Army's first operational
jet helicopter.

uled

38,256,679

dividend

1954.—.

*$156,086

small

27,250,946

share

1,

1953—12 Mos.—1952

11,193,841

""After preferred

magnetic

"optical"

this

by

A

19,187,127

outstand.

Feb.

178,

capital shares

to

30,380,968

profit

stock

common

(& Subs.)—Earnings—
$43,076,964

income

covering

the

187,715,355 168,519,020 248,202,166 225,630.557

taxes

below.—V.

Co.

1953

Federal

of

offered

of

EARNINGS

1953—9 Mos.—1952

taxes

inc.

inc.

shares

■"Earns,

of the theatre."
-

purchase
York

by

of

about

or

2,426,561

for income

Provision
Net

$1.34

directional, sound—a 'must' for wide-screen pic¬
by relaying sound, as the film passes over magnetic
.sprockets in the sound head, through a system of amplifiers to three
speakers strategically placed
behind
the
screen,
thereby localizing
sound

will
New

acquired

portion of the proceeds from the sale of notes will
toward
the
purchase of outstanding minority interests in
Greyhound Lines
and
Pennsylvania
Greyhound
Lines,
Inc.

for

Prov.

Christmas Day.

tures—is

used

Com.

stereophonic

days of stereophonic sound.

showing

$3.46

"Orginally pioneered

neighborhood

•83 theatres in the New

be

Co.

the

and

$

by photo-electric cell.

Cinemascope pictures, the new head has
since mid-September, during which time
substantial

will

Steel

&

Hiller Helicopters—Has

substantial

Profit

of stereophonic sound system for
quantity production, this corporation

first

is picked up

announcement

notes

They accommodate standard 35-millimeter film

which is combined for the

sound

the

balance

Operating revenues ___!

1953—9 Mos.—1952

heart
in

of

The

Commission.

Insurance

Period End. Sept. 30—

requirements.

heads—the

sound

$25,000,000 on its 20-year 4%% promissory
S. Caesar, President, announced at the close
The loan is subject to the approval of

month.

Life

Holders

757,348

Announcement

COMPARATIVE

1953—3 Mos—1952

share

com.

per

be

55,362,832

503.

$21,391,405 $16,416,947 $62,493,972 $35,633,521
Net profit after taxes..
814,763
529,321
2,283,830
890,433
Com. shares
outstand'g
649,087
646,087
649,087
646,087
•After

SEC

23,409,030

Commerce

the

$1,226,561

(H. A.)
The

'

Net

•Earns,

60,333,206

22,359,231

amount

Pacific

General Precision Equipment Corp.
Period End. Sept. 30—
sales

65,838,480

25,634,088

Metropolitan

be

will

203,351,461

70,276,547

vestors.

853,

p.

be

p.

248,787,125 239,988,105 230,068,675
27,238,464

$6,500,000.

General Fuse Co.—Acquired—
Corp.

$23,702,896
9,585,205
4,851,908

income

O.

and

.

or

be

$4,314,921

Earnings

1950

1951

railway—____

Interstate

the

5,569,263

Sightmaster

Number

Army

A

See

51.

178, p. 2305.

last

by

loss

Calif.,

of

com¬

shares

through'this

Corp.—Acquisition—*

Iron

outstdg

before

Greyhound Corp.—To Sell Notes Privately—The cor¬
poration has arranged to borrow from 20 institutional

11,032,097

5,569,263

dividend

p.

are

railway

raised

sales

Net

of

$

5,816,762

preferred

178,

$22,580,570 $22,2*29,930 $20,877,213
7,187,908
7,054,858
5,858,342
2,283,673
2,943,901
2,520,968

income

oper.

notes,

$

I

from

from

Net

1953—6 Mos.—1952

6,247,607

share

date.—V.

1952

1953

statement

$51,029,098

Ry.—Earnings—

railway

registration

taxes

inc.

com.

provision

railway

oper.

Net

of

taxes.

com.

the redemption

commissioned

working part

a

181,306,580

per

ry.

Gross

all

outstand'g

after

shares

agent,

to

stock

common

outstanding
each, seven

Years Ended Sept. 30—

investors

become

1953—3 Mos.—1952
$

Payment will be made at the office of
in New York, at 100^ land accrued

fund.
1953

From Jan. 1—

getting the ship
the water, much
is ready to put

on

General Foods Corp.—Earnings—

Net

1,

Northern

from

be

Steel

$150,000 Federal taxes

have

fiscal

Co.,

Aug.

the

receiveu

be

to

paid

carry-back

fund gold bonds, series A, in the prin¬
been called for redemption op Feb. 1,

sinking

sinking
&

from

from

Net

'

Period End. Sept. 30—

Com.

Read

to

capital

Sept. 30—

shares

Loss

7%

of

the
for

7,782,435

Power Co., Ltd.—Partial

Electric

of

share

the outstanding common stock at that
subscription rights (to be evidenced by

the

Harvard Brewing

$258,000

of

that

profit

Dividends

2305.

Consolidated

shares

holders

market value..

"Refundable

11,417,271

for. the

Gross

cost

be

of

of

Inc.

Com.

56,405,000

the

additional

taxes

1950

mortgage

The

date

years

1,611,267

November—

released.

construction

—V.

shortly

SEC—

date, which is expected to be on
offering price of the new shares will

price

for Fed.

$5,234,000

Great

1159.

p.

on

record

—l

•After

weeks.

and

178,

Once
the

Fitting

run.

With

additional

to

one

market

before

1951

amount

Dillon,

Conn,,

$30,000,000.

maiden

equipment
of

"Nautilus"

Navy

mid-winter

will

her

on

of

the

for her
work

part

at

atomic reactor being built by Westinghouse

more

But

the

announced,

was

2476.

p.

sales

731,886

p.

the

1954.

new

Years End.
Net

$4,393,000

railway

these

Harshaw Chemical Co.

1952

kind.

ready
sea

construction

the

Co.—Registers

Taylor-Wharton

997,821

Redemption—

Sub

being the first atomic submarine in
first nuclear-powered means of trans¬

very

sold,: it

to the company's
general; funds.
subscription privilege will expire on

178,

""Prior

RR.—Earnings—

1953

oper.

178,

interest

time
the

Workers

as

the

under

more

neighborhood

the

been

has

partial cost figures on
her keel was laid,

the

minus

her

the

Mr,

added

1777.

1952.

"Nautilus,"

history,

to

Nautilus,"

down

and

handle,"

we

1568.

1954,

expected

a

the

The

V.

$1,473,694

343,350
$3.84

!

railway—

from

1954,

"Nautilus"
June

The

the

"USS

plunge

all

were

effective

the

is

It

$5,023,000

from

Net

Division.

The

Since

At

the

will

Hajoca

expansion

financing, a portion
will
be used to reimburse <the
company's treasury for its investment
in C. B. Cottrell & Sons
Co., recently acquired, and the balance will

From Jan. 1—

178, p. 2092.

Dynamics Corp.—First Atomic-Powered

21

products

the

year.

strengthen

future

Secondary Offering—The Ohio

—

basis .of

on

19,

the

on

than

less

Provision
On

submarine,

per

will

any

'

p.

19,

them

Jan.

762,681

Great
General

of

many

for subscription
the

on

by

about

$4,445,000

railway

oper.

Net

See

Jan.

stock

railway......

from

Net

safety

fender.—V.

a

171,

be offered

mon

Profit

November—
Gross

and to promote good
the Flexi-Fend splash shields follow

trucking industry,

the contours of the wheel like

for

share

per

for

addi¬

an

option, if not
period of 9 years

This

maximum

Corporation

funds

purchase

to

1954.

in

on Dec. 30 filed with the SEC a registration statement
50,577 additional shares of common stock
(par $1).
When
registration statement becomes effective,
which is expected to

70,651

178, p. 1986.

Net

subsidiary.
Designed to

Grinnell

-

Harris-Seybold

$1,544,345

64,190

-

preferred-stock

on

Grand Trunk Western

complete
splash protection and reduces the upkeep costs of conventional mud
flaps, has been announced by United Metal Craft Co., Ypsilanti, Mich.,
a

Grin-

Hajoca

The company

Prov.

a

of

2,259,462

income

on

Common shares outstanding
Earned per common share..—:

taxes.—

Gar Wood Industries, Inc.—New Product—
Flexi-Fend,

stock¬

the

shares

2573.

shares

Dec. 29.—V.

658,353

..

I

...

requirements

Amount earned

$2.66

excise

$35,728,229

942,925

...

profit

Dividend

2476.

p.

of

a secondary offering'
J
°
$2.40 cumulative preferred stock (par

-

Harrisburg

4,220,634

1,459,614
$1.30

Provision

4,077,000

1,219,470

1952

$33,300,076

before

Net

154,387,810 121,992,410
11,721,846
8,297,634

35,488,128

1953

sales

Depreciation

2,001,396

shares

•Earns,

6 Months Ended Oct. 31—

Net

1953—9 Mos.—1952

$

3,821,396

profit

Common

V.

taxes

inc.

by

from

offer

20,000

option

an

per' share

provide

p.

of 3,000 shares of

will

Subs.)—Earnings—

1953—3 Mos.—1952
$

Profit

com¬

shares

amendment

an

purchase

Grinnell

Brothers Co.

—

Of

48,988,168

to

supply

178,

the

40,000

share.

$42.50

subscription warrants)

..

Gould-National Batteries, Inc.—Earnings—

tSales

of

the

of

accept

to

to

annually for a
price increase of $2.50

a

release

Company, Columbus, O., has made

2091.

(&

at

I.,

renewed

shares

said.—V.

Halle

will
"

Hajoca

per

position,

source

a

Brecht

the

1953

income

for

Dividends

1953—9 Mos.—1952 V*

1953—3 Mos.—1952

Fruehauf Trailer Co.

the

capital

to

amendment

an

which

.

R.

granted

be

with

of

approved

...

(H. W.) Gossard Co. (& Subs.)—Earnings—

2,075,000
:

1957

$1,910,056

also

shares

may

•

.

for

way

at-$40

has

20,000

20

covering

5,000,000 shs. /

Period End. Sept. 30—

pricing.;

111.

capital stodk from preemptive rights* of present

Providence,

stock

Corp.'s

300,000

outstdg.

com.

fair

and

jviacoinb,

and

President, said approval

the

of

exercised,

.

companyf5*
off its

pay

decision

Provision

profit after taxes__

Dundee

incorporation
,

Brecht,

Hajoca
tional

after

,

1,

$1)_„

Period End. Sept. 30—

products

new

at

Dec.

on

of

unissued

clears

Corp.

common

any

expenditures

ending Dep.

W.

holders

change in March.) He said, most of the other allegations made by the
petitioners were corroborated in eight days of testimony in the case.
—V. 178, p. 2305;,
i
i

Freeport Sulphur Co.—Earnings—

Net

good

plants

stockholders.

underwriting

to

are

will

certificate

owned

:

has

stockholders

authorized but

par

$20

petition^was filed was July by four'creditors could
in bankrupt and said it of the
denied it

pended

2091.

p.

and

company,

stock,

company

creditors

Outstanding

:

1954 and

(par

price

underwriters,

the

$48,400,000
,

offering

the

reorganize the company.-.
The

i.

due

inclusive

1972,

Notes payable due

Common
—V.

at

public

preferred

of

improvements

States

Dec.. 22

on

necessary,,

FINANCING

300,000

debentures

styles;

good

the

"Sale

In

.

J,

The

statement* with

(Adolf) Gobel, Inc.—Receivership Petition Approved.

:

due

—_

series

excellent

an

Hajoca, Corp.—Sale of Stock Approved—
The

registration

a

cumulative

of

names

bank- loans

177, p. 412.

The
PRESENT

TO

______

debentures,

be

company

pany's

uses.

1976

1,

with

it

introduce 100 new designs on
Vice-President, said that the company is con¬
one
for all manufacturers ready to

corporation will

F/'EsteS;

will

1954

The

Registers With

—

proceeds, of

Net

funds

or

term

—V.

debentures, due

;

asathe

estimated

are

sale

incidental

improvements

and

EFFECT

bonds

1947* series.

treasury

filed

28

shares

150,000

well

additions
.

Dec.

..

June

3%

1966

that this

4, Joseph

meet

/

respect

construction, of

Authorized
1st

1

957.

p.

Exchange Commission—

on

amendment.

the

therewith.

955.8

company

value,
,

being used for
has been carry¬

are

and

SEC-covering

Glendale

of

Company
in the future

on

cemeteries,

GIVING

176,

General Telephone Co. of California

Securities

'

CAPITALIZATION

capital stock.—V.

development and sale of cemetery;

sale

other

and

convenient

or

carry

the

and

and

establishments

incidental

to

in

acres

business which the

intends

consists of

construction

memorials,

to

The
it

locations

the

consisting

-

to both

cemetery

in

in Los Angeles County, Calif.,
and
buildings adjacent to said

company
also owns a tract of land
the City of Los Angeles, of which 486

cemetery purposes.
ing on and which

shares of

987,594

on

...

Angeles,

The
of

vinced

——$13,203,036 $11,914,166 $39,300,449 $37,045,413
taxes—
992,131
898,061
3,150,142
2,639,978!
""Earnings per share——'.
'$1.01
$0.91
$3.19
$2.67

'I

.

located

partly in the City of Los
also owns certain other

and

Jan.

profit after

1953 and are issuable in denomina¬

1,

interest.

owns

Announcing

sales

Net

Memorial-Park

proceeds will be used for making capital improvements.1
!
The
company
was
incorporated in Nevada on June. 16,. ,1930 'and
Is qualified by law
to do business in the States of California and

The-company

Haeger Potteries Inc., Dundee, 111.—To Increase Output

:,,

I

1953—9 Mos.—1952

1953—3 Mos.—1952

-v

Net

entire

Nevada;

Sept; 30—

,

Association.

The

General Refractories Co.—Earnings—
Period End.

..

•

97,802.000

$4.95'.'

now

$4.15

outstanding.—

Home
Adrian
and

—V.

Improvement Financing
Ralph Kristeller,

Geofge
178,

p.

W: Tidd,
2573.

member

retired

of the

Corp.—New Directors
New Y«rk Stock Exchange

engineer,• have

been

elected, directory

>

6

(6)

The Commercial and Financial Chronicle
!

(Geo. A.)
•

anticipates that it will be

Hormel & Co.—Earnings—

Years Ended—

Oct. 31. '53

Net

gales

Oct. 28. '51

$

$

for

Prov.

income

Fed.

and

taxes.____.

State

inc.

7,359,579

6,632,803

3,490,999

3,612,945

Jewel Tea Co.,

Net

profit

♦After

3,019,916

per

2,141,804

551,500

511,500
$4.02

$4 54

outstanding

common

Per. End

511.500

$5.73

—

shares

•Earnings

share—1—

preferred dividend requirements/.—V.

Hotel Paris, N. Y. City—In New
The

2,411,051

,

Dec. 5—

1953^4 Wks.—1952

$20.44#)81

Sales——*—
—V.

Hotel

Paris,

of

one

New

York's

Ownership—

latest

and

178,

rentals

Hotel

and

great

facilities

depression-proof

a

$1,475,000
Other

for

the

new1 owners

investment.

The

tor

sky¬

owned

in

New

York

consider

is

property

City

the

the

by

and

Bankers
Co.

West

End

houses

apartment

Avenue.

Other
prpperties
buildings.

office

and

Include

of

Household Finance
Bankers

Trust

$15,000,000

debentures

Co.,

number

(Canadian)

due

Dec.

1,

principal

1969.—V,

4%%

of

amount

178,

ering

sinking

70.000
of

Howe

Sound

Co.

Period End. Sept.

-Gross

(&

30—

Profit

before

Prov.

for

inc.

Fed. &

income

taxes

$5,721,441

weil

fund

taxes

tion

1,157,603

1,625,792

267,358

581,449

836,515

profit

Earnings
—V.

of

of

2,250,889

$232,608

$576,154

$789,277
1,638,033

$0.14

$0.35

$0.48

the

American

Bank

854.

p.

1953—Month—1952
$

$

cumulative

stock,

pid.

to

headed by
public offering
rate

be

&

prices

$100
for

and

the

on

stock,
offered

Llyth

Co.,

is

will

be

applied

tentatively planned

toward

shares

ry.

Other

18,075,469

201,913,191

204,288,023

3,448,264

5,247,955

44,496,03?

and

par,

public

Int.,

307,180

6,166,717

4,435,522

of

publicly

stock

common

construction

(no

the

stock

2,403,606

Balance

3,718,651

31,019,746

Operating
Other

157,713

2,004,060
172,185

1,781,743

cov¬

20,046

708,891

723,629

7,929,470

86,547

197,618

952,017

576,938

income—

1,752,533

2,935,071

23,970,134

$2.09

$16.90

$13.77

2573.

income

Dividend

Co.

(&

Period End. Sept. 30—

Subs.)—Earnings—

1953—3 Mos.—1952
$

Net

sales

Profit

&

before

Prov.

for

Excess
Net

revs.

inc.

taxes

tax.

2,141,000

inc.

profit

178,

$

$100)

Cr2,208,500

6,497,000 Cr4>956,000

and

24,049,317

16,139,754

4,899,315

4,899,605

4,899,315

$0.97

$4.91

$3.29

$1.71

per

—V.

p.

178,

share

treasury

3 Months Ended
Net

Corp.—Earnings—

Sept. 30—

It

has

Profit

before

Provision
Net

1,494,025

1,521,784

448,000

cumul.

Common
—V.

in

the

and

pfd.

stock

178,

(on

$7,483,861
1,726.265

Income

2,316,199

2,204,885

taxes

1,078,750

from

$2.45

$2.10

Common

shares

•Earnings

per common share

•After

outstanding-—

preferred

$0.41

dividend, requirements.—V.

International Nickel
Period End. Sept. 30—
Net

sales

—

Southern Ry.- -Earnings—

ry.

1953

railway

1952

1951

Lone

Profit

Gross

1,159,094

1,757,694

1,767,109

1,540.997

579,727

658,666

592,575

733,093

44,185,748

43,350,606

from

Net

ry.

—V.

40,476,431

35,953,571

16,878,603

18,335,642

17,177,188

before

7,496,347

7,358,293

6,754.534

7,526,899

oper.

178,

2198.

p.

the

1953

sales

Profit

Provision

income

1952

for

$8,110,052

1,337,570
441,398

238,214

$896,172

$238,214

taxes

Federal inc. &

exc.

profits taxes—

profit

Com.

•Earns,

(&

71,199,789 254,950,475 228,915,593
75,772,907

inc.

33,715,737

21,867,253

21,867,253

14,584,025

by

14,584,025

$0.79

$2.72

14,584,025
$3.03

to

$0.80

requirements.—V.

.

p.

1986.

reflect

$312,106

1953—9

Mos.—1952;

$1,344,762

134,000

692,000

463,000

,

15,000

45,000

45,000

$607,762

$415,482

-226,720

221,740

226,720

221,740

$0.91

»$0.72

$2.68

•$1.83

stock

dividend

paid

in

854.

December,

1952.

Mutual, Inc., Minneapolis,
Minn.—Registers
With Securities and
Exchange Commission—
This

178,

p.

the

is

of

(CST)

a.m.

St.,

on

Jan.

Chicago, III.

cumulative

preferred

19

for

at

the

stock

will

The

be

received

First

purchase

(par

3 Months Ended

«ale,^~u"7
before

income

a

of

$100).—V.

by

National

from

registration
its

$1

the

Federal

Net

for

The

Earnings

p.

38

has

178,

p.

2476.

shares

April

6,

with

1953,

also

ment.
of

will

be

A

section

to

The

set

(Md.)—

shares

of

a

1952

items

plant

manufactured

is

by

not

933,441

485,389
*$155,924

in

Speaker—a
reproduction of music

received

under

authorization to increase its bank
$7,500,000.
Pursuant to SEC order of
borrowed $3,000,000 under a
credit




it

ry.

agree¬

could

borrow

up

to

$7,500,000.

It

250,000

1,150,000

925,000

$2.33

$2.42

Securities

stock
sold

(par

common

stock

(no

507cr

additional

working

on

Aug.

25,

of

electronic

equipment.

devoted

the

to

retail

and

The
such

com¬

equip¬

wholesale

sales

and by othe relectronic
sufficient time to be able

company
a

loudspeaker
and

horn

of

design

high

for

intelligence.

$101

25,000 shs.

100 shs.

18

filed

a

funds

presently
above
and

is

in

half
at

in

upper

letter

of

notification

with

of

Power

counties

Northern's

Bayfield,

1QS1

income—

railway
215,224,173 205,869,509
railway—
60,257,587
47,117,201

iQSfl

$18,750,632
6,463,969

3,355,135

after

per

taxes_

1953—9 Mos.—1952

$

$1.09

dividend

$

$

57,075,716 208,254,131
1,707.447
6,036,880

*1,488,111

178,

46,652,327

24,106,108

Sons, Inc.—Earnings—

share

com.

preferred

shares.—V.

184,680,919

45,990,686
20,414,407

1953—3 Mos.—1952

60,885,072

profit

205,871,513

24,146,695

$1.26

requirements

180,157,639
4,861,757

$4.48

and

based

$3.58

on

1,302,689

2199.

p.

Lowry Finance Co., Minneapolis, Minn.—Stock Offered
The

company in Dec., 1953 offered publicly 16,630 shares
stock at par ($5 per share).
(■
holders of the class
"A"
common
stock shall be

The

cumulative

in

.

northern

on

payment

the

dends

Michigan.

energy

178,

Superior

requirements
p.

1878.

and

is

in

now

through

an

two

the
the

upon

class

"A"

with
The

net

cents

of

any

one

"A"

common

class
of

proceeds

share

per

March,
fiscal

June,

per

class

of

of

stock,

as

30

stock

paid
will

cents

well

upon such stock
shall participate

and

A

the

as

from

the

on

class

for

payable
divi¬

payment

prior

share

common

"B"

to

December.

share

per

equally

be used

entitled

annum,

September

year

dividends

common

dividends

any

30

day

in

accumulation

any

of

last

BUSINESS—Company

years,

of

the

stock.

for

share

working, capital.

Its

3,

executive

Minn.

office

is

counties

orgainized
located at 1409
was

in

Minnesota

Hennepin

on

May

Avenue,

financing
earners

available

and

diverse

company

insurance

making

to

individuals who are primarily
reliable wage
people with acceptable credit ratings and
engaged

salaried

activities.

also operates

available

the

on

an

Automobile

automobiles

Insurance

that

Agency making
finances, as well as

it

others.

to

The

its

company operates primarily in the Twin
share of the millions of dollars of

Cities

area,

installment

written

each

competing

paper

GIVING

EFFECT

TO

PRESENT

be

Class "B"

common

stock

($1 par value)

Outstanding

100.000 shs.

40,000 shs.

the
as

ISSUE

regular
available:

future

to

DEBENTURES—The

course

It

is

increase

of

also
the

business bank

anticipated
funds

management
lines will be

that

available

debentures

for

______

expenses—,

20,000 shs

4o!ooo shs!

anticipates
used
will

as

be

Profit
—V.

and

loss

178, p. 2477.

sold

Month

$4,532

in

in
and

the

5 Months

3,569

$16,725
14,414

$963

$2 3U

supplying

about
interconnection

that

needed

doing business.

INCOME STATEMENT
Period End. Nov. 30, 1953—
Total
income
Total

in¬

FINANCING

Authorized
($5 par value)

MAY

and

year.

stock

in

1953.

The company is engaged in the business of
purchasing automobile
contracts at a discount from established
automobile dealers,

common

i

1,

Minneapolis

,

"A"

Co.—Merger Authorized

Wisconsin

dividends

quarterly
After

Class

Commission

of

Wis.—V.

1QS9

at

of Northern

peninsula

to
of

$17,825,223 $18,427,397 $20,151,747
4,198,010
4,374,659
5,458,241
2,251,959
2,338,854
2,191,917

the

has
authorized the merger into
Wisconsin Power Co., a wholly-owned sub¬
primarily in the generation and distribution
energy in Bayfield County, Wis.
Lake Superior serves cus¬

13

used

west

available, and if the sale of the 300,000
successful, it is''estimated that the plant
by early 1954.—V. 177, p. 2131.

1Q53

railway

CAPITALIZATION

which is engaged

electric

be

miles

40

operation

Lowenstein &

common

100 shs.

\

Lake Superior District Power

the

received' will
about

Star

on

sales

The

Outstanding

25,000 shs.

par)

Dec.

A

tomers

Lone

corporation.

of supplying a million gallons of
super-heated
sulphur wells are being erected, it is announced.
the plant is also in progress.

the

oper.

*Earns.

EFFECT TO PRESENT FINANCING

covering 200 shares of class A preferred stock to be offered
par
($500 per share), without underwriting.
The proceeds are to
used to complete and equip
buildings.

Federal

of

the

,

SEC

company

shares

capable

s

for

on

150,000

from

(M.)

1953.

2199.

corporation

sold

income.—
31,600,213
178, p. 2199 and 2307.

—V.

Lake Pleasant Inn, Inc.,
Peoria, Ariz.—Files—
The

an

the

railway

from
ry.

in

178, p.

Corp.

the money was
paid to
aggregate of $165,000.

and

for

near

to

oper.

Net

Net

Authorized

of

SEC

7,918,215

450,000

From Jan. 1—

equally

and

-

sidiary,

to

which

Net

participate

stockholders

the laboratory is engaged in the design and
production
equipment of potential interest to various public author¬

stock

$1.13

Light Co.—Bank Loans—

7,979,755

$0.95

Hunter

from

from

Total

Maryland

operated for

"Catenoid"

common

397 843

Nil

15,725,006

3,096,174

$0.92

were

the

Net

holders

addition,

$448,052

397,843

$60,891,887

15,775,535

Period End. Sept. 30—

.

A

1951
$4,343,695

*155,924

$59,370,987

6,047,277

of

production quotas on any of the equipment manufactured
by it.
items, however, are currently in production:

The

&

Gross

class

Ballistocardiograph—a device intended for the use of the medi¬
cal profession in detecting and
analyzing patient's heart condition.

Class

1953—9 Mos.—1952

$21,708,888

share—

completed

the

laboratory for the development of

company has

of

(& Subs.)—Earnings—

2,845.791

mentioned

be

Thereafter,

following

items

Trust

$6,881,791

heaters

With

rate

(1)

fidelity

Lexington
registration"

a

Lexington

common

organized

was

the

of

of

2,846,216

will

the

as

filed

28

shares

$6,645,780

shares

at

used

of

sponsor

Dec.

2,845,791

construction

underwriting.

shall

York,

on

money as well as all additional funds
the construction of the
pl^nt located

•After

proceeds

various

maintains

products

firms.

758.

$3,000,000
the company

banks

17,523

A

New

250.000

$2,701,103

common

shares

surance

50.63

borrowings from
ment

company's

Inc.

dividends

class

Inc.,

2,846,216

daily

the business of the company, including manu-.
development of electronic devices, sale and distribution of
equipment manufactured by others and servicing of elec¬
equipment belonging to others.

manufactures

pany

this

company

of

without

stock

B

the

So.

397,843

Jersey Central Power
The

net

Class. B

40.000

272,682

shares

178,

class

to

100 shs.

19,700 shs.

6,148,657

taxes

Other

stockholders!.

CAPITALIZATION GIVING

of

$1,298,452

taxes

share

per

•Loss.—V.

the

50%

Outstanding

19,900 shs.

city of Rosenberg in Fort Bend County. The
salt dome of Lone Star
Sulphur Corp. immediately adjoins the
property
of Jefferson
Lake Sulphur
Co., and is about four miles distant from
the
property of Standard Sulphur Co.

and

ities.

524,388

income

$251,706

capital

of

FINANCING

100 shs.

1903.

Recently

Sulphur

proceeds will be used to

quarterly).

par

$3,067,839

taxes

profit

Number

and

(i.e.,

issue

an

PRESENT

'

Gross

cumulative

(payable

company

Bank,

it

1953

f

Profit

offered

be

to

The

the

Co.—Earnings—

Sept. 30—

Provision

stock

Sowards.

The

with

office of the company is located at 413 L Street, N. W.,
Washington, _D. C., at which location the company has its office

—V.

Jaeger Machine

stock

to

TO

Louisville & Nashville RR.—Earnings—

The principal

In

tentatively expected that bids

common

L.

share),

per

EFFECT

1953—3 Mos.—1952

Novemhpr-—

notification

of

Engineering,

offered

($10

entitled

annum

stock

B

21

par

be

BUSINESS—Company

of

it

A

of

class

tronic

52.

Iowa-Illinois Gas & Electric Co.—Plans
Offeringvp to 10
Dearborn

class

(21

Minneapolis investment company on Dec. 28 filed
with the
SEC
covering of 9,000,000 shares

statement

stock.—V.

per

classes

The

Investors

capital

share

per

of the

$923,482

$163,106

2»/a%

at

shall

Leeds.

$22,275,290

capital for operation of

,15,000

.-

B

Hugh

Electronic

tele¬

Greene

and

Hunter Securities Corp. and Gearhart &
Otis, Inc.,'both of New York
City, on Dec. 29 offered 300,000 shares of common stock
(par five
cents) at the market price in the over-the-counter
market.
The overthe-counter price of Lone Star
Sulphur common stock as of Dec. 28
was
$1.00 bid, $1.12Va asked.

electronic

183,000

sharq
to

178, p.

$0.77

for promotion.

pay

Dec.

on

stock

issue

facture

1953—3 Mo's.—1952

$404,482

$1

of

PROCEEDS—The

178, p.

class

of

through

ethical pharmaceuticals.

be

company

common

This

$206,482

per

shares

sharei

letter

a

Monmouth,
Bowdoin

$2,609,153

per

177,

Offered—

The
A

7,289,084
14,584,025

capital shs. outstdg.

—V.

Stock

1,450,425

taxes

300,000

per

Laboratory

45,683,360

contingencies—

•Adjusted

303.952

$2.90

filed

of

shares

capital

Net

1,450,425

share

($1

inventory and

41,252,680

dividend

covering

22

Winthrop,
towns

company,

tax—___

'

324.400

308,952

.—

Dec.

on

of

the

covering

570.

p.

named.

$10)

Funds,

SEC

profit

Two

324,400

—

—

will

483,475

profit

Earnings

shares

share

corporation

par

and

Net

No.

at

12,145,133

Period End. Sept. 30—
before inc.
taxes
for

This

483,475

Profit
Res.

)

paid
per

178,

SEC

7,289,084

com.

preferred

for

—V.

79,399,097

34,520,227

Intertype Corp.—Earnings—

Prov.

_____—_

Subs.) —

1953—9 Mos.—1952
$
$>

20,389,886
8,244,753

9,440,009

•___

outstanding-

per

•After

Canada, Ltd.

21,437,094

dividends

shrs.

Dividends

Earnings

12,047,085

dividends

Common

profit

reim¬

3,089,504

inc.

Houston, Texas

$9,478,254

before

order

___

taxes

Number

This

Net

to

2574.

p.

profits

Net

further

Kelley Island Lime & Transport Co.—Earnings—

-

used

Fed. & foreign

income

15,418,461

income—

railway

be

Lone Star Sulphur Corp.—Stock Offered—

$3,594,041

from

of

Star Cement Corp.

for

Excess

1950

$3,967,458

income—.

will

I

$4,026,355

oper.

the

>

$3,812,178

railway."—

business

78,846,971

—

before inc. taxes
Prov. for income taxes—

Preferred

$0.44

1160.

p.

$10)

Period End. Sept. 30—
Sales

''

increase

of

1953—3 Mos.—1952
$
$

Profit

Net

Co.

178,

(par

investment

an

Earnings

railway*,—

from

in

towns

parts

GIVING

Trusteed

Fund,

178,

$4,678,346

shares)

com.

balance

2477.

p.

Fund—V.

Key Corp., Miami, Fla.—Files With SEC—

profit

Maine

stock

with

$5,757,596

$5,444,282

stock.

$6,588,415

„

„

stock

2,224,540

The

company for moneys used for the acquisi?
further extension and
improvement of the

service,

in

(par

statement

$7,589,822
Drl05,'J61

1,144,133

—

November—Gross

$1,064,784

taxes-.

Federal

and

CAPITALIZATION

457,000

$1,046,025

income

for

1952

$17,159,301

the
the

switchboard

—V.

Number' capital

1953

$17,342,962

sales

proceeds $93,500 will be used to
pay prom¬
of
which were used for construction and

facilities.

furnishes

service

water

Chemical

of

and

facilities

Litchfield

Trust

2574.

Kansas City

Net

International Minerals &

net

proceeds

connections with New England
Telephone & Tele¬
graph Co. and with Leeds Telephone Association. It has
approximately
1,600 subscribers to its service,

225,460

1,925,363

preferred

share).

per

Lexington Trust Fund, N. Y. City—Registers With SEC

30,604

—

common

($10

company, incorporated in Maine on Dec. 29,
1905,'
principal office at Winthrop, Me., is a public
utility subject
jurisdiction of the Maine P. U. Commission. It

the

and

1952

$8,483,174

—_—

9 Months Ended Sept. 30—

4,794,694

4,899,605

854.

p.

to

stock at par

its

phone

issue'

$45,425,545 $40,949,966
36,942,371
33,360,144

_____

on

Monmouth Telephone Co.—Stock

common

service

property

American

————

&

Authorized

$8,513,778

applicable

Earnings

Net

<tj

8,371,796

capital shares..
per share-—

Earnings

to

5%

From Jan. 1—

98,308,564 439,899,112 317,359,372
5,105,694
62,702,317
22,806,754
2,519,500
32,156,000
11,623,000

21,505,796
10,993,000

7,745,369

^
Balance

*

1953—9 Mos.—1952

$

150,198,416

taxes—

Fed.

profits

Number

—V.

other

15,866,139

7,642,033

BUSINESS—The
with

I'

1953

■—-r

requirements

Net

Steel

15,526,202

10,742,152

par).-

—_

deductions

Net

Inland

64,961,796

19,982,604

9,885,731

225,460

Prov.

19,730,975

$1.23

of

p.

of

comapny's

STATEMENT OF EARNINGS

.(net)—

income

Income

9,321,051
840,943

27,610

Earns, per com. share—
178,

income

income

Gross

28,688,164

166,975

——

deductions

—V.

tion

througn
The First

above-mentioned
(par

the

the

the
of

expenditures.

14—

12 Months Ended Nov. 30—

Net

973,511

etc., fixed charges
applied to sink, funds

Inc.

burse

sale

and

Inc.,

41,447,828

income-

oper.

income

Misc.

PROCEEDS—Of

are

Jan.

cumulative preferred

of

shares

1954

on

offer

to

COMPARATIVE

278,359,542

expenses-

72,202,722

17,652,726

was offered
only to residents of the State of
Further details follow:

issory notes,
improvement

underwriting terms, as
to
be supplied by

preferred,

Offering Expected

$

283,595,691

24,905,850

Railway tax accruals—
Equipment & joint facil¬
ity rents (net 0n„_
Net

1953—11 Mos.—1952

$

27,899,004
18,625,218

revenues-

1,008,496

2307.

p.

Maine.

1952.

registration statement with SEC

a

Operating revenues
Operating expenses and taxes—_______

Period End. Nov. 30—

Ry. operating
Ry. operating

1,024.997

income—.

oper.

178,

12,136 shares of

utility facilites; and it is contemplated that the remainder of

70,000

$1.41

178,

1,140,898
72,103,291

This stock

Trust

&

of

1,638,033

com. share

of

American

of

Bankers

Wisconsin

council

$2,314,968'

1,638,033

the

of

the

of

Illinois Central RR.—November Earnings Off—

**,

from
ry.

■

proceeds

It

1,638,033

of

filed

common

dividend

Public

foreign

__________

per

785,578

Offering—Mention was made in our issue of Dec. 21 of
offering through F. S. Moseley & Co., Boston,
Mass.,

proceeds

such

4,565,857

shares outstdg.

President

group

The

the

additional
Net

Common

1,523,614

the

of the financing will be applied: in part to retire
short-term bank loans incurred in connection with the
temporary financing of 1953 expenditures for construction and acquisi¬

$17,605,150 $22,676,063

429,966

—_____

1950

$6,105,596

2,013.632

70,597,004

railway
railway

Lewislon, Greene
direc¬

a

in charge of the
Vioe-President on Dec. '19.

executive

the

of

is

named

was

Connolly,

Power & Light Co.—Registers With SEC

par

Corp.

as

Net

1953—9 Mos.—1952

$6,774,779

banker,

N.

amendment.

Subs.)—Earnings-

1953—3 Mos.—1952

value, metals sold

He

shares

no

$12,000,000
*

(Wis.)

William

,

underwriting

Boston

trustee

1986.

p.

1951

$6,945,194

2,023,370

incc(me—_

oper.

Net

Board—

on

Connolly has been Director of Public Relations since July,
pp. 949 and 1161.

shares

Y., has been appointed

N.

member

a

This company on Dec. 21

Corp.—-Trustee For New Issue—
New York,

and

Association.

Kansas City

92nd

an

The

1952

$6,618,094

1,164,473

from

Net

Racine.

Mr.

group
Avenue,

a

Racine

and

—V. 178,

Kestenberg

at

corporation,

public relat.ons, was named a
Aschenbrener was formerly President

Mr.

at

Son, Inc.—Banker

firm's

wax

Paris'

assessed

are
the
Sulgrave Hotel, located at G7th Street and Park
purchased just seven weeks ago, and the Hotel Windermere

Street

1953—48 Wks.—1952

$19,020,333 $222,572,423 $203,330,190

—V.

Aschenbrener,

this

of

Association

1953-54.

hotels

1953

$6,025,420

railwayL

From Jan. 1—

2093.

p.

Willard G.

modern

most

located at
West
End
Avenue
and
97th
Street,
has been
bought by a group of investors, headed by Milton Kestenberg. It was
formerly controlled by Knott Hotel Chain and Nathan Wilson. Each
of the 800"rooms ha^a private bathroom and a radio.
Because of its

for

ry.

-

172, p. 2480.

scrapers,

of

from

Inc.—Current Sales Up 7.7%—

(S. C.) Johnson &

low

Net

a,

RR.—Earnings—

November^
Gross fromrailway

Gross

■Common

Valley

Monday, January 4, 1954

...

i

Lehigh

will

Net

6.023.996

4,339,663

taxes

to borrow an additional $1,000,000
be necessary to effect additional

necessary

end, and that it

year

borrowings in the early part of 1954 prior to the time of the financings
which will supply it with the common stock and bond components of
its 1954 financing program.—V. 177, p. 1839.

313.482,652 306,162,883 303,607,317

-

Prolit before

the

before

Oct. 25, '52

$

:

-

Number 5287

Volume 179

The Commercial and Financial Chronicle

...

K—;
Lynch Corp.

Appoints Japanese Firm

—

Exclusive

as

special

forming

glass

Yashima
amount

Mr.

for shipment of the Lynch
Ina.—V. 178, p. 1878.

parts

made

the

from

plant

in

With Securities and
letter

Exchange Commission—

notification

of

of

filed

was

(for

Macmillan

S.

R.

with

(for

shares).—V.

8,500

Martin

L.)

Period End. Sept. 30—

the

SEC

Dec.

on

shares)

5,000

178,

Bales

and

22

covering

Helen

l_v

Co.—Earnings—

178

45,921,459

profit

•No

—

capital

shares,

share

per

2,590,417
2,216,485
1,861,432

-

/

101,680,468

8,104,041
7,365,843
2,135,645

$1.19

2,856,448

to

of Missouri

$1.48

Growth

Investors

Stock

1953

As of Nov. 30

Total

assets.

net

shares

—

v

estimated

value

asset

per-share

'

1952

.

..

.

Net

from
ry.

Net

;

before

Net

income

profit

Number

taxes.—;

income

for Federal

—v.

1475.

178, p.

McKesson
iMnc

288,608
$ 1.82

&

Robbins, Inc.—Earnings—
iqVi

in

Profit

Net

shares

Common

—V.

per

178,

p.

■

cubic

$3.27

interruptible

an
feet

per

basis

The

year.

.

1953

.

.

.

proved

...

The stockholders also

$3,000,000 of
the agreement.

604,886

National
1950

$7,200,142 ^
2,258,106
•
943,842 ~

1,192,904

78,919,151
21,283,358
8,707,918

885,256

'Period

.

71,408,829
16,949,926
6,082,523

Service

Co.

178,

70,527,304
19,952,361
7,992,554

2,542,307

1,379,435

1,163,418
1,844,469
$0.63

1,027,664
1,844,469

1,162,872
1,844,469

$0.56

income

taxes

3,225,767

$0.63

mi oricy interest
Net

EaSings®
barnings

81,393

This

18,

with

53$2°85

^'nS

53$b°46

9 Months Ended Sept. 30—

Net

1953
$4,069,861

-

profit after taxes
capital shares—
Earnings per share

$3,499,437

$4,460,801

145,182
241,519
$0.60

245,572
241,519
$i.oi

—

Number

—V.

letter

notification

of

filed

was

with

.

v

Period End. Sept. 30—

Michigan Consolidated ,Gas Co.—Financing Plans—

Net

Issue

10:30

at

at

offices

<ESTi

a.m.

Clifford

415

Officers

and

about

or

on

Street,

Detroit

representatives

Jan.

20

in

the

the

company's

the

M

'

__

Commission

Power

2,149,645

*

to

the
to

2,346,778

„

1,200,087

The
of

1,536,158

action modifies

certificate

a

Mid-Georgia's system,
oxford, is $1,100,000.

Midland

Offered—Harrison

as

Inc.,

stock

(par

Brothers

S.

Covington

serve

&

and

members of the
publicly offered

15

cent) at 10 cents

per

shares of
share.

com-

PROCEEDS—The

claims

price
L.

to

net

E.

proceeds

lease

of

and

4,079,262

1,935,131

1,935,131

$0.79

$0.49

$3.19

$2.11

.

.

.

before

.

option

CAPITALIZATION GIVING

stqck

for

(par

EFFECT

the

income

taxes.

_—

7 854,499

—

income

2',700'000
$4,032,127

taxes

<

-

profit
dividends

dividends

'

99,376

105[599

2,030,165

2,030,084

1,015,103
$3.90

of

69

equipment

mining
and

for

FINANCING

PRESENT

Authorized

Outstanding

5,000,000 shs.

Salt

Lake

r'nmnnnv'c

Thf»

Ci'tv

P

Utah

2 984 090 shs.

nrinr-'inai

eS at SUlte 504, Felt

P

hiKin»«

.

preferred
dividend
requirements.
tlncludes
the
accounts
of Triplex Screw Co.
and Eljer Co. and its subsidiaries, since the
date 0f acquisition or control.—V. 178, p. 482.

T

Mutual
in

Finanre

Si

Do

J

fFIa )

Dphpnfurpc

i

A

1954 and due Jan. 1, 1964 at 100% and accrued interest.
The debentures are redeemable at 104% to and including Jan. 1,
with

100% ;

at

and

fund

including

accrued

Each

101%.

at

accrued interest

in

each

Jan.

interest

$115

of

common

6%

in

each

principal

Stock

(no

debentures

of

preferred stock

future.

The

company

having interest in
under
a

lease

short

and

now

in

2,580

of

Utah

mineral

or

less.

All

p.

and Sand

option

to

(par

exploratory or development state,
lode mining claims, 69 claims being
purchase, two claims being held under

acres,

more

pi;

owned

less.

outright,

and

all

them

of

required.

lease

(uranium

and

"tipem being located

in

«vLmp

are

convertttrte-into

$100)

and

acres,

more

Utah.—V.

178,

Gross
Net

from

Net

fy.

From

Gross

railway—
railway

Net

ry.

$166,578

$185,406

75,003

36,165

35,767

,

$172,619
54,236

22,189

5,983

17,059

29,296

1,927,683

1,925,820

1,886,793

867,173

371,048

414,524

525,551

income

281,136

95,704

111,878

199,846

oper.

178,

$207,465

income—
1

p.

'

2307.




by

carry

Authorized

stock

10-year 6%
notes
notes

ino

stock

(par

1.000 shs.

'

$100)

r

of

be

the

on

Arthur

George

Machine

stockholders

to

last

the

the

stock,

SEC
$1

Dec.

on

The

par.

speculation"

a

at

price

a

the Toronto Stock Exchange,

(the

name

of the principal under¬

for

funds

general

the

payment

market.
An additional 281,250 shares
Richardson, promoter, "for interest in

Co.

dated
weeks

few

New Interests Reported

—

Dec.

23

said

have

there

part:

in

been

make

As

company.

a

INCOME

STATEMENT

PERIOD

FOR

1953 THROUGH NOV. 8.

1,

income

Cost

1953

$31,444,381
73,349

——?

1.000 shs.

1

Selling

issued

prior

an

1,000 shs.

4,000 shs.
25,200 shs.
$300,000
190,000

general

and

Net

and

amortization.

—

expenses

income

Fed.

&

income &

*

share
1224.

SEC

$7.93

r

I

issued

has

$1,660,074

Electric System—To Acquire Notes—

New England
The

;

209,351 shares)

(on

per

175, p.

4,071,000

profits taxes

exc.

income

income

—V.

22,954,332
521,399
2,310,925

—:

depreciation

order

an

the following subsidiaries

authorizing

to issue their promissory notes to NEES in the
specified: Quincy Electric Li£fct and Power Co.,
$1,280,000; and Suburban Electric Co., $2,500,000.
The subsidiaries will use the proceeds thereof to prepay a like prin¬
of

this

corporation

respective

cipal

amounts

amount

of

indebtedness

note

NEES

to

and

to

banks.—V.

178,

2478.

New

England Gas &

Offer Approved
This
its

has

company

stock

common

New

—

Exchange

in

,

,

received SEC authorization to offer shares of
exchange for outstanding common stock of its

Bedford

shares

Electric Association

by SEC—

Gas

<97.61% )

of

& Edison Light Co. New
the outstanding common

England owns
stock of New

shares being held by approximately
200 other holders, including three officers or directors of New Bedford
who hold 165 shares.
New England proposes to offer to such holders,
the

Bedford,

during
share

New

and

stock

Bedford

shares,
the

at

and

shares

if

should

be

4%

shares

common

df

the

of

it

will

for each fractional
cfl New England common;
shares of its own common
of $1,070.33 in lieu of fractional
shares held
by. minority interests

issue

paymerits

cash
New

Bedfoi'd

common stock for each
in exchange.
In lieu of

its

surrendered

England will pay
$15 per whole share

that

make
all

6,763.4

New

rate

estimates

it

of

period,

60-day

a

of

fractional

share

balance

cash

32,055

exchanged.-

Reports Increased Earnings—

to

89,012

S%' notes unsecured issued subsequent
£o Uec" 31» 1951'aue b9 a&ys aIter

New

for

issuance of such additional

England Gas and Electric Association, in a summary
12 months ended Nov. 30, 1953, shows a balance

the

of earnings
to

surplus

period of $2,934,194 on a consolidated basis compared with
$2,638,877 for the same period last year.
After allowance for dividends
on
the preferred shares, the balance of $2,711,542 amounts to $1.36
for

aemana
'The directors have also authorized the

for

for state

Prov.

Net

sold

goods

276.722.4

1,500 shs.

$300,000

1963

$31,517,730

of

Provisions

subsidiary,

Outstanding
1,000 shs.

675,000

1,

unsecured

unsecured,

1,500 shs.

50,000 shs.

parl_

debs, due Dec.

Dec. 31, *51,-due 60 days after demand
1950

1951

2,379,634

Jan

from

1952

railway
railway—T

oper.

from

Net

—V.

1953

from

necessary

preferred stock (par $100)
g% preferred stock (par SlOOi
*6% cumul. preferred stock'(par $100)

6%

Midland Valley RR.—-Earnings—

may

term* loanB°\?*8Uch
the manaiement to
management to cany

8%

4%

November-

one

the creation of additional funded

short

h«R(r!!.«

nf

"Common

440

share

ofie

funds

Cumulative preferred

of

County,

with

CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING

vanadium)

Grand

together

to

If and when additional funds are needed, the company may

In addition, there is one State

2199.

of

Other

p.

an

being

to

JAN.

PROCEEDS—The net proceeds are to be applied to the payment of
outstanding obligations owing on short term lbans, and for expansion

the near

129 unpatented

lease, *58 -claims

term

containing

is

Dollar

is contemplated in

with

common

"as

on

the

to

$577,000

use

CONDENSED

the

par).

^tional volume or business.

the Last

on

ore

of

sales

Net

are

of

100Vs%

at

case.

amount

cumulative

terms

including Jan. l, 1959,
and at 100%
thereafter,

1962,

1,

They

case.

and

to

development work

its property located

2478.

p.

many
rumors that
an effort to acquire control of the stock
stockholder you may have been concerned
about our attitude, so we wish to inform you that the directors and
management of your company will have no part in a program of this
kind.
Management's only interest is to operate the company as it
has for 58 years on a sound basis for the benefit of all the stock¬
holders and all its 2,200 employees and for the best interests of the
community.
The directors and management are of the firm belief
that it would be disastrous to the above interests to have control
of the stock in the hands of a single group.
"Net income for
the period ended Nov. 8, 1953 is equivalent to
$7.93 per share of common stock.
After year-ehd adjustments, it is
estimated that net income for' the full year of 1953 will be about
$8.50 per share.
"The net worth of this company, represented by plant, machinery,
inventories, receivables and cash not committed to other purposes
equals a book-value, after these dividends, of $74 per share."

to'Tn/'Su^ng0^. T mTat'loT"/S
thereafter

obtain them from its ofn resources,

ttiii

and a shipment of

statement
sale

public

Total

OffWprl

Uepentures Uttered—

IjOUIS U. MCUlure oc Uo., lampa, r la., today (Jan. 4) IS
offering to the public an issue of $300,000 10-year 6%

fntends^tcf coifunu?'the
^ Jemed prudent and

on

for

178,

♦After

of its uranium properties
located in
southeastern
Utah.
It intends to explore and develop these properties as well as to acquire
other properties of similar nature.
The company is presently doing

operation

Flat mining claims,

Light Co.—Offer—

(Canada)—Registers With SEC
shares

added

be

interests might

this

1,015,053
$3.87

declared—

declared^—

o7
Buildine

6 732 127

3,800,000

$4,054,499

■

Common shares outstanding.——„—___
'Earnings per common share—"———
1

share

\
cent)

one

purchase

purchase

TO

.

1952

—$108,922,348 $81,335,795

for Federal
.

Net

tl953

"

l.

Provision

sinking

to be used to conclude payment on

Busey and others, to
drilling expenses, etc.

exploration and

Common

are

Edison

supplied by amendment).

Britain

letter

outside

of

~

6,176,837

also subject to redemption in partNursuant to the

_

purchase

'

„

949,558

convertible subordinated debentures, series A, dated Jan.

Co.,

Dec.

on

$3.79

registration

a

depending

issued

"Within

5,198,731

.

sales

Profit

City, Utah—Stock

issue of 1,500,000

an

one

to

Salt Lake

Stock Exchange

speculation"

a

facilities

„

Uranium,

Salt Lake

mon

including

$3.37

in April

auhorizing the sale of 1,876,000 cubic feet of gas per day to
Gas Co. in Georgia, by substituting Mid-Georgia for
Newton.
Mid-Georgia is the successor of Newton. Total estimated cost
County

«f

be

prices,

A

9,277,993

Murray Corp. Of America (& Subs.)—Earnings—

Preferred

to Transcontinental

issued

$0.78

underwriting commission

to

New

1,935,131

Years Ended Aug. 31
Net

1950

Newton

474,861

$0.40

Seeking Control—

1,935,131

__________

_

common

system ol Transcontinental Gas Pipe Line Corp., of Houston, Tex.,
communities in Georgia.
-

474,861

$1,801,426
474,861

price of the shares

to

were

„

9,816,303

"™T~

...

Net profit

__

'

several

20%

bid

proposes

106,967,680

15,993,140

„„„„„„

,

v* i7U» P* a5T

has

affirmed, with modifications,
decision by-an FPC Presiding Examiner authorizing this company
construct and operate pipeline facilities to supply natural gas from

the

will

ous

$

37,174,629 158,603,127

3,882,936

Number capital shares.
®arJ^"gs Per share.

company

Mid-Georgia Natural Gas Co.—New Construction—
Federal

covering

$

"

The

474,861

offered

proceeds

1953—9 Mos.—1952

$

49,070,159

.

„

Mich.

26,

will be available at
1.30 p.m. (EST) on Jan. 15, on the fifth floor at 20 Exchange Place,
New York, to
discuss with prospective bidders the information contained in the registration statement and prospectus.
The company intends to apply proceeds from sale of the new bonds
to
repayment of bank loans already employed to finance additions
to its Utility plant.
On June 15. last, the only bid for an issue of a like amount of
first ,mortgage
bonds due 1978 was one of 100.125%
from Halsey,
Stuart & Co. Inc., Harriman Ripley & Co. Inc. and Union Securities
Corp. and associates. It was rejected.—V. 178, p. 759.
of

sales

Prov. for Fed. & state
income taxes

SEC

on

$1,602,911

properties."—V. 178, p. 2575.

1953—3 Mos.—1952

Profit ,bef0_£e in°- tax®s

has filed an amended registration statement with the

company

21

3,984*250

$373,429

of the company,
of balance due on
$85,000 for payment of
notes payable and bank
overdraft; $93,500 for development of Ken¬
tucky waterflood project; and $214,480 as a reserve to be added to
working capital.
As of Dec. 1, 1953, the company had outstanding 843,752 shares of
stock.
Of these, 562,500 shares were sold to the underwriter in Canada
for $787,501.20 who resold and is reselling them to the public at vari¬

$0.46

Dec.

on

3,171,900

purchase of Acme Die & Machinery Co. stock;

_

$

covering $20,000,000 of nefv 25-year first mortgage bonds.
Present tentative
plans call for opening competitive bids

SEC

518,358

Motorola, Inc. (& Subs.)—Earnings—

178, p. 2477.

This

the

104,900

-

*

1,000,000

which

100,000 shares of common stock (par one cent) to be ofiered at 15
cen£s Per shaI'e through I. J. Schenin Co., New York City, for their
own account.—V. 177, p." 627.

1951

216,671
243,750
$0.89

sales

Net

1952

filed

be

to

is

$5,7&5,676

$4,774,811

Oils Ltd.

covering

to

a

1953—9 Mos,--1952

$891,787

Gas &

Net

Montex Oil & Gas Corp., Baytown, Tex.—Files—
A

Bristol

are

writer

Loss.—V. 178, p. 855.

Corp.—Earnings—

Bumper

2575.

p.

1374.

company

related

$245,924

1953—3 Mos.—1952

England Gas & Electric Association below.—V.

1953,

shares

1'°55'000

Nil

178,

$296,730

taxes—

New Bedford

1,300,924

'$32,607

^hare
Per shale

period.—V.

Castings; Co.—Earnings—

and

,

p.

New

$1,513,027

ner

option

the

&Steel

capital sharesper
share

178,

See New

15,940

pr0fit

profit

Earnings

1953
1952
1951
$47,487,342 $39,871,493 $56,459,318

—

bonds

$191,830

income

profits

Number

,

1780.

Michigan

for

Net

1571.

p.

by-law which would permit issuance
as
required by the terms of

a

during

before

Prov.

—V;

above.-V.

ore-body

Malleable

End. Sept. 30—
Inc. taxes

Profit

:

■

.

77,803,556
21,889,017
9,551,375

^tv InlJeT™'

101,367,773

1,212,461

share——

Dominion's

fully

2,304,210

approved
mortgage

first

<

^1951

,

2,070,186 ?

Acquisition—^

Mines,

Under the agreement National Gypsum has contracted to pay off
stated
obligations-of Dominion Asbestos in return for the'90-day
option to purchase all the-assets of Dominion. National will investigate

•

$7,212,708

-

$7,377,441

1,383,506

Asbestos

Ltd., on Dec. 22 ap¬
agreement with National Gypsum Co. under which National
will be granted a 90-day option to purchase the property

of

'

.

Dominion

assets of Dominion.

and
•-

will

of

an

Gypsum

in volumes

company

.

1952

$6,539,897
*

income—

before

be

to

Genie

proceeds are to be loaned to
secured by accounts receivable.

stockholders

The

p. 855.

w

nn

.

railway

Cities

Profit

2,240,125

outstanding—___

common

1951

1,853,748

taxes

income

profit

Earnings

1952

3,017,166

taxes

income

Federal

for

on

gas

9,800,000,000

9 Months Ended Sept. 30—
Net sal«s

iqc,

114,203,600 106,691,711

—__

before

iq<v>

1J53

sales

Net

1,351,391

$2.70

Mohawk Carpet Mills, Inc. (& Subs.)—Earnings—

3 Mos. End. Sept. 30

Provision

See

.

w

FnH

1,351,391

$2.61

_

Missouri Public Service Co.—Proposed Financing, Etc.

$526,494

303'9j??
$J.o4

outstanding

The

National Gypsum Co.—Proposed

From Jan. 1—

$1,085,502

;_

—

capital shares

£Arnin§[s per sliEie

1,351,391

$1.74

Gross from railway.—_
Ne£ from railway—___
Net ry. oper. income—
—V. 178, p. 2307.

1952

$34,377,128 $15,923,380
3,160,502
1,351,494
2,075,000
825,000

:

taxes—

4,425,716

excess

1953

sales

Profit

Provision

3,645,625

in,
without
Craft Corp.,

unit,

one

the,, loan

3,531,381

1,351,391

railway—____

oper.

of

be offered

shares of class A common stock (par $5) to
share of each class of stock at $100 per

1,800

underwriting.

on an interruptible basis to Union Electric Co.
firing steam-electric boilers in its new Meramec
in St. Louis County, Mo." '
'

November—; %

Gross from

•

(WvL.) Maxson Corp. (& Subs.)—Earnings—
Years Ended Sept. 30—

2,353,519

Commission—

corporation on Dec. 21 filed a letter of notification with the
1,800 shares of 7% cumulative preferred stock (par $100)

units

1n

v

%

.

.

The

1953—12 Mos—1952

fMissouri-Kansas-Tcxas-RR.—-Earnings—

15,742

.i

—

.

209,981
$10:42

SEC covering

Earnings

having a total estimated cost of $132,690.—V. 178;

'

Net

•-

1,492,902

?flpellnefaciliUes '

$17.88

17,821

'

»

1161.

p.

at

246,738
$10.36

—Files With Securities and Exchange

gas

Inc.— '

$17.20

;

stockholders.

of

178,

__l^_

1,953,981

1953—9 Mos.—1952

Mississippi will sell the
•

share

per

y$2,216,642
'52410V. 20, '51

2786.

p.

$27,521-t100 $24,461,702 $37,413,926 $32,402,183

use

generating plant

$42,117,695 $40,904,324
2,448,987
2,288,168

—

outstanding^

Number
—V.

Fund,

for

>

•

—

Net

supply natural

provision required for Federal income taxes.—V. 178, p. "481.

Massachusetts

5,377,499
2,318,303

The Federal Power Commission-, reversing
an order it
issued last
May 11, has authorized this corporation to construct pipeline facilities

*

value

177,

Nov. 17,

300,592
$10.01

outstanding

4

$2,659,953

Nov. 16, '53

asset

—V.

and

1,861,432

$3.45

Net

$3,048,669

;

1951

1952

1953

assets

net

Shares

19,104,529

4,803,eis

—

2574

d

2,756,764

.

filed a registration statement
covering 250,000 shares of its capital

company

1953,

National Homemakers Finance Corp., Hyattsville, Md.
20,177,716

4,984,388

Net profit after raxes—
Com- shares outstand'g
Earnings per com. share

$

35,529,229 116,904,036

3,098,736
2,862,678.
2,135,645
* $1.34;

profit

1950
$2,055,674
830,231
388,346

t?„0i

1953—9 Mos.—1952
$

17,

178, p. 2575.

of—

As

'

"""

$

Dec.

on

Mutual Trust, Kansas City, Mo.—Asset ValueTotal

20,^77,425

MISSISSIPPI River Fuel Coip.

Mac-

F.

SEC

2574.

p.

4,,698,,641

Period End. Sept. 30—

1953—3 Mos.—1952

—

Operating

Earnings

178,

investment

York

New

the

stock.—V.

Sweatt,

20,395,808

£et from railway

1373.

p.

$

Number

W.

1—

Operating revenues

(Glenn

•Net

This

of

post

with

brother of Board Chairman Harold

railway—

Gross from

shares of common stock (par 50 cents) to be offered at the
through Shearson, Hammill & Co., Los Angeles, Calif., for the

millan

created

Board,

younger

Vice-President.—V.

Jan.

From

market

newly

Minneapolis & St. Louis Ry.—Earnings—
°
November—
,
,
1953
1952
1951
Gross from railway
$1,791,972 $2,031,858 $1,945,085
Net from railway..
458,008
580,267
653,024
Net ry. oper. income. __
221,240
243,318
244,078

Macmillan Petroleum Corp., Los Angeles, Calif.—Files

13,500

the

to

As of Nov. 30—

will carry in stock a substantial
Lynch machines
thus enabling the

Anderson,

account

elected

been

Export & Import Co. Ltd.,

spare
parts for all
promptly qbtam genuine Lynch made parts for either regular
or
emergency
repars.
Heretofore, a machine "down-time"
due to
breakdown lasted from six to eight .v/eeks as a result of the time

A

the

of

Sweatt,

Executive

of

required

has

Sweatt

has been gn executive of Honeywell since the inception of the presently-'
formed corporation, serving first as Vice-President and, since 1945, as

machines.

to

users

B.

Vice-Chairman

packaging

purpose

Mutual Investment Fund, Inc.—Registers With SEC—

Minneapolis-Honeywell Regulator Co.—PromotionCharles

machines, announced the
appointment of Yashima Export & Import Co. Ltd. of Tokyo, effective
Jan.
l, 1954, as exclusive agent for the sale and service of Lynch
and

7

—

Sales and Service Agent—
•
"1
/
This corporation, one of the leading manufacturers of glass forming
machines

(7)

—

shares of 6% cumulative preferred stock and common stock as will
be necessary to fulfill the conversion option on the new 6% debentures.

per

BUSINESS—Company was organized in Florida on Nov. 16, 1927.
Its business consists entirely, of varied activities in the loaq and discount fields.—V. 178, p. 1147.

for

that

average

period
the

average

common

share

issued

and

outstanding

in

the

current

with $1.28 per average common share outstanding
corresponding previous period based on 1,989,322 and 1,836,898

compared

common

shares

QUtstanding

in

the

respective periods. Tax
share in the current

accruals, amouhting to $3.62 per average common

8

The Commercial and Financial

(8)

Chronicle...Monday, January 4, 1954

£

jfteriod,

increased
share

common

Income

8%

of

representing
This includes

27

$530,080

or

outstanding.

now

taxes

$455,350

cents

23

or

an

andria
route

Total

.

consolidated

financial
In

Complete
(

end

the

heart

aircraft

and

'New

associated

York

industries.—V.

heavy

Central

Net

oper.

From

Jan.

Net

ry.

—V.

$

$

'

from

rev,

3 :"ct

ry.

—V.

income—

oper,

178,

132,628.196 110.812.769

12.888.536

5,898,720

4,364,192

its

42,633,874

57,107,719

14,653,530

Wisconsin

Power

District

Power

above.—V.

178,

1879.

1953,

in

the

total

was

it carried

Dec.

on

than

more

approximately

year's passenger traffic

record

a

reported

company

history

For

the

time

New York, Chicago & St. Louis
Period End. Nov. 30—

19531—Month—1952

Net

oper.
oper.

ry.

—V.

income...

1,372,364

2,170,882

20,532,215

'

"faxes

$1,467,385

$3.37

&

Sinking

-V.

1953—11 Mos.—1952

$

$

Gross

$

ing

594,899

6,160,804
4,574,552

charges..

761.929

705.666

8,310,372

80,371

930,325

425,559

1,130,517

100,000-kilowatt

new

of

program

Vice-President

4,171,983

addition

with

is

its Greenidge steam
into operation, climax-"

well

of

advanced

Ithaca.

The

the

on

construction

electric

first

generating

unit

This first unit

will

the

of

station

have

about that much for

new

construction in 1954.

postwar years ending in 1955, it will have
investment of more than $200,000,000 in property

at

end

increase of

an

of

World

than

more

War

II

to

made

approximately

half million

a

on

During
new

$1,718,887

178, p.

in

1955,

1571.

*1953—12 Mos.—1952

$1,613,217

$5,892,241

$5,439,102

505,086

489,950

1,488,462

1,218,836

258,400

256,700

594,700

482,800

$246,686

$233,250

$893,762

$736,036

$0.66

$0.63

$2.40

$1.98

profit

tEarnings

share—

per

•Excludes
KQ Feb.

Babylon,

28, 1953,

Huntington

tBased

<te Sag Harbor operations subsequent
372,256 shares outstanding.—V. 178, p. 760.

on

North American
L.

Board,

Atwood,
on

"While

-it

will

the

not

is

first

quarter of

the

the

that

reduce

H.

Kindelberger, Chairman
letter to stockholders, said'in part:

a

anticipated

materially

and J.

more

the

to

strike

Government.
on

terials

pliers,
-^prams

factors

the

current

strike

fiscal

(which

company's sales

and

the

make

will

year

be

I

A

■of

$2,000,000
Force

North
The

$1,028,934

13'2,454

223,298

*136,656

25,864

$904,395

Sabre

American

agreement

together

resulting
possible

contract

F-86

a

preferred
cents)

29,964
!

i

12,325,783

10,780,951

the
has

Aviation,

3,217,856

3,054,327

2,288,389

with

attention

$10

370,440

during

the

from
to

continued

accelerate

shipments

deliveries

on

by

sup¬

most

pro-

J

N

inspection
been

for

Electric

Inc.,

for

it

was

repair
to

announced

battle

of

the

Fresno

on

Dec.

weary

division

Mention

Airlines, Inc.—Plans to Suspend Service

Co.

above.—V.

Development

under

(formerly Wisconsin Central Airlines)
the

says passenger

•Gtfciea

czpect

on

the

two

sufficient

Civil

in

a

formal

ap¬

Aeronautics

Board
(CAB.
in
Washington
traffic has not developed
adequately at the seven

routes

and

increase

Intermediate cities

on

borrowed

SEC

to

coniemplated

$5,000,000;

and

it

now

1953

1952

$2,222,978
693,349

$2,036,330
.
646,004

$1,529,629

$1,390,326

708,050

.

to

the

that

justify

North

Central

continued

"reasonablv

service "

223-mile Fargo route




cannot

are

St.

643,720

$1.99

requirements.
10%

share.—V,

a

whose

Willcox,

stock

178,

tBased

dividend

f$1.97
shares

on

of

March,

now

1953, net

1670.

p.

Roberts, formerly Assistant Secretary, as Sec¬
Dec. 30 by Walter S. Franklin, President.

on

appointment

retired

who

2308.

effective1

became

after

42

of

years

Jan.

1,

railroad

j

V>

1953—3 Mos.—1952

inc.

taxes

income

for

taxes

.

succeeds
service.—

.

1953—9 Mos.—1952

$14,389,331

1,391,460 '

$45,340,292 $43,669,843

1,179,035

5,500,424

791,139

476,336

3,011,729

2,757,388

$600,321

$702,699

$2,488,695

$2,337,091

1,242,799

1,242,799

1,242,799

1,242,799

$0.48

$0.57

$2.00

$1.88

profit

of

shares

outstdg.
share

per

178,

5,094,479

856.

p.

Pepsi-Cola
before

Provision

Net

profit

York,

29,986

of

shares

178, p.

2200.

J

Inc., .Plant

made

was

in

'

50-cent

of

Net

14 of the

public

additional
000

has

set

time

any

after,

1959.

1,

been

1952

1951

$19,159,746

$18,540,237

$17,856,904

3,507,191

4,118,242

4,378,627

income

shares
per
p.

taxes

1,823,739

2,265,033

2,408,245

$1,853,209

$1,970,382

178,

1,198,634

,1,198,634

$1.55

$1.64

outstanding

1,198,634

share,

common

'

$1.40

856.

(Chas.) Pfizer & Co., Inc. (& Subs.)—Earnings—
sales

Profit

for

Prior

income

Fed.,

taxes.

State

&

credit

tax

years

Net

Sept. 27,'53 Sept. 28/52
$90,929,800 $80,667,679
21,326,438
16,536,307

—

before

'Prov,

foreign

inc.

taxes

$10,772,615

—_

paid

Common

paid

dividends

8,950,203

$8,154,918

568,814

profit

tCommon

10,553,823

—

Preferred dividends

1

563,534

!

'Includes

,

provision

shares.

jAfter

for

3,663,124
4,884,165

$2.09

profits

excess

preferred

574,010

3,663,124
4,884,165

__

shares

outstanding
$Earnings per common share

ury

dividend

(Excludes

taxes.

$1.55

59.850

requirements.—V.

178,

p.

future

Phelps Dodsc Corp.

be

-

9 Months Ended

expansion.

(&

Sept. 30—

1953

*

-

1952
-■
_

stocK,

A

6%

($50

par

Sales

PRESENT

common

cumulative

"In addition

FINANCING

conversion
lor

the

of

outstanding

+In addition

(lc

the

class

B

A

warrants

will

have'

300,000 slis.

1100,000 shs.

outstanding.

was

its" "principal

reserved

are

to

build

and

only

and other rights granted

to. lead
the

the

to

State

The

of

company

:

.

in
one

office

at

Plant

"

to

the

of

are

citrus

expected by the management^
crystals in several plants

juice

Florida.

;'•

intends to build its

house

one

building

to

called

process

orange

crystals throughout
export
markets.
Initially, the company
processing plant, but Its patent rights

by Vacu-dry,

manufacture

9 Months Ended

Net

first plant

continuous

quadruple

located

Horsey
to

...

per

initial

construct

of

1953;

is

The

at

Plant

proved

a

with

building
space

178,

p.

to

2308.

action

1952

will

$114,223

24.796

52,500

p.

178,

1276.

10,142,520

$2.75

$2.53

-

389,483
$0.21

The

389,483
'

$0.23

of

$0.40

declared

were

on

dividend

1954.

7,

Dec.

on

Iowa,

that the "sale of the

31

assets

of

Philco has been overwhelmingly ap¬
is planned to complete the trans¬

to

stockholders.

It

10 or shortly before.

continue

operation

of

The

Dexter

Co.

under

its

present

already

includes

conditioners and

Dexter

Co.

equipment

has

for

and Alliance,

electric

been

59

engaged

years.

Ohio.—V.

Its

television,

radios,

refrigerators,

ranges.

in

the

plant

mariufacture

facilities

are

of

home

located

at

178, p. 2308.

Philip Morris & Co. Ltd., Inc.—Proposed Acquisition—
On

19,474

dividend

extra

an

regular

Fairfield.

which

air

freezers,

Preferred dividends

—V.

-10,142.520

of which Tom B.
Hunt is President.
Its
output of
washers and dryers will be marketed under the Dexter name.
Entry
into the home laundry field rounds out the Philco program of
major

$107,462

outstanding
'share—

Co..

by Feb.

Philco

1

per common

__

——___a_

during the nine months to Sept. 30,
share.~'A regular dividend for the fourth

per

and

the

Dexter

appliances
1953

taxes

dividends

1,551,479
25.643,671

management,

laundry

shares

25,400,000

Corp.—Acquisition of Dexter Firm—

by

Fairfield

Common

.

paid

corporation announced

Dexter

121,108

Common

.

.

27.900,835

and

$1.95

$0.65

Philco

116,211

profit

•

1,473,379

,

payable Jan.

235,331

Net

--

30,000,000
*.

Capital expenditures for the nine months amounted to $12,836,179. The
net
current
assets, which
at December 31,/1952,
were
$100,861,361,
amounted to $102,057,491 at Sept. 30, 1953.—V., 178, p. 571.

citrus

Corp.—Earnings—

Provision for income taxesj

$

is payable Dec. 10, 1953, and the
(The total of the dividends for the year
1953-is-thus $3.00 per share—the same rate as for the previous year.)

extra

223,673

income

and
a

outstanding
shari

aggregated
4,

$4,652,391

before

income

common

quarter

the

Corp.,

size.—V.

1953,

$5,132,131

Profit

—.

a

declared

Nov.

This

.c.

near

dehydration] unit

the

Sept. 30—

sales

foreign

-

shares

Earnings

>

f

onOct/ 26, 1953
Fla.
It was formed

Juice concentrating plant of the J. William
City, Fla.
It intends to purchase land and
expand

Capital

for

Incorporated in Florida

new

States

and

taxes

.profit

Dividends

City,
by the present management to produce
dehydrated orange Juice,
"orange crystals/' from Florida oranges, by means of a
United

Net

warrants.

now

profits

i

taxes:

227,057,447 189,632,480
__-v. 59,374,214
52,595,150

*255,000 shs.

value)—

income

Federal

for

cess

income—^

Deletion of mines

8,000 shs.

765,000 slis,

other

before

Prov.

'

value)

par

par

and

Profit

Outstanding
j

.

this, 200,000 shares of class B stock

BUSINESS—Company
and

-

'

this, 160,000 shares of class A stock are reserved for
preferred stock,
and 350,000
shares are reserved

class

to

•

8,000 shs.V

(50c

stock

to

con-

value)

stock

common

2576.

Subs.)—Earnings—

I

■■

CAPITALIZATION GIVING EFFECT TO

vertible

treas¬

the

of

to

for

1953

:

taxes

9 Months Ended—

and

to

up

net
proceeds, $96,500 has been budgeted for
constructing and equipping the first plant; $100budgeted for working capital; and the balance is

costs

aside

Nov.

Co.—Earnings—

$1,683,452

Earnings

Net

Pre^eried stock is redeemable at $53
per
share and
accrued
dividends.
It
may
also
be redeemed
through the sinking fund at
any price
the directors may deem
proper.
Each preferred share is
redeemable into 20 shares of common
stock at
not

$0.44

profit

—V.

Sold—

share and ten common shares at
$55
The offering was
quickly completed. Further
details follow:

but

5,752,000

$0.55

Sept. 30—

Income

for

Common

'

•

..

per unit.

including,

$2,525,000

5,752,000

10
at

preferred

one

$3,170,000

5,752,005
$0.33

...

before

Provision

cumulative

City, Fla.—Stock

issue of Dec.

our

$4,780,000

:_a„

1059.

p.

sales

Profit

•

V

1,375,000

shares.

9 Months Ended

under¬

as

89,958 shares of .common stock (par
preferred share and three common shares

Crystals,

1951

$3,900,000

3,255,000

share

Pfeiffer Brewing

Underwriter

—

to

1952

$6,425,000

5,600,000

—

per

178,

1953

$10,380,000

taxes.,;

668,

p.

withdrawn

has

Subs.)—Earnings—

taxes

income

capital

Earnings
—V.

(&

income

for

receive

bonds.

Co.

Months Ended Sept. 30—

Profit

.

New

offering

one

'Earnings
Cloud, Alex¬

J

outstanding
share

Bayard H.

before

Nine

an

$1 >' and

(par
of

Corp.,

O'Sullivan Rubber

before

which

agreement

may

$15,500,887

—V.

178,

Corp.

.

has

petitioned for authority to
suspend
service
over its local service routes between the Twin Cities
p.Xinneapolis-St. Pauli and Fargo, N. D„ and between
the'Twin Cities
^or^s'
*"*•> Howard A. Morey, President, announced on
company

increase

to

Pursuant

Sept. 30—

announced

p.

Earned

offering by Goodbody & Co., New York, N. Y., and
Tampa, Fla., of an issue of 5,452 shares of 6% cumula¬
tive convertible preferred stock
(par $50) and 54,520
shares of class A common stock
(par 50 cents) in units

in

17.

the

178,

Prov.

Securities—

'

Intends
and

&

Securities

unit.—V.

per

the

awarded

of

Taney

Net

developed by Vacu-dry Co. and to sell such

Immediately

The

Wyman

Mr.

599,532

Over Two Routes—

plication

$10,000,000.

common

$1.80

„

stockholders.

&

proposed

Orange

15)

recovery when
accumulation of ma¬

the

to

was

Profit

2,241,095

245,428

Co.—Bids

Gas

units

sufficient

corporation

Co.,

authorized to borrow $5,400,000

taxes

Period End. Sept. 30—

9,542,684

.

Class B

reconditioning of 25 Sabre' Jets
"Che first of the airplanes were' scheduled for
shipment on Dec
17
Jlrom the Sacramento Air Material
Depot.—V. 178, p. 2575,

The

Power

taxes

Sales

1.1

•

703,775

common

stock

in

Class

Contract—

for

Jets

provides

■North Central

Co.,
the

Paper

succeeds

Pennsylvania Salt Manufacturing Co.—Earnings—

171,217

.'

...

2478.

p.

ol

•

earnings for the entire

months."-

Awarded Air Force
'Air

$1,061,539

2308.

p.

affected,

officially ended Dec.

and

concentrated

company

work,

it

coming

He

borrowings

—

Roberts,

J.

12,131,487

178,

its

to

Coast

writer

might otherwise restrict smooth

This

equipment

should

in

The

which

ended.

has

It

borrowings

further

Ended

per

Election

178,

1950

29,027

,

Edison

Preferred

Operations were gradually expanded during the strike
workers returned, and a total of 189 airplanes were
delivered

strike

the

Co.,

Power

Oxford

President.

Pennsylvania RR.—New Secretary Elected—

these,

V.

1951

281,278

income—.

American

East

the

of

1954 fiscal year.
as

of

Hawaii.—V.

Authorized

Aviation, Inc.—Outlook Good—

President,

16, in

Dec.

Maine

the

SEC ^authorization

to

was

credit

a

income

shares

equal

was

Net

V

■

•

J.

first

The

to

1952

$979,342

railway

PROCEEDS—Of
Net

to

preferred dividend
outstanding, giving effect to

RR.—Earnings—

.

Oil Financing
Withdraws—

1955.

taxes

inc.

of

Maine

has received

'After

Ohio Power Co.—New Plant in
Operation—

a

(& Subs.)—Earnings—

*1953—3 Mos.—1952

revenues

before

fTov.

Pacific

railway

oper.

178,

See

for Fed; inc. taxes

Profit

Central

$5,000,000

borrowings.

profit

Number

pro¬

total

a

685,000

kilowatts.—V.

New York Water Service Corp.
Period End. Sept. 30—

•Operating

aircraft.

tourist service

company
will also up to 11
a.m.
(EST) on Jan. 19
for
the
purchase from it of $30,000,000 first mortgage

—V.

the

program

the

from

income

for

'Earnings

yet

and facilities.
the company's capacity to produce electricity in
interconnected system will be increased from 170,000 kilo¬

central

watts

in

1—

Deficit.—V.

bids

W.

production

a

will be completed in

10

its

DC-6B

put

were

1953

With

cxpeccs to spend

Dec. 28

that

Months

Net

early 1955.

The

22.

the construction of Milliken. Statdn, the company's
postwar
•expansion of its generating facilities has been extended into 1955.
Throughout its gas and electric service areas in New York State, the
company has added more than $150,000,000 in new property during the
postwar years, of which ab.out $30,000,000 was expended in 1953.
It

this

Douglas

new

1953,

railway
railway—
income—

from

offering

company's four other steam electric
Station, near Binghamtorr; Hickling Sta¬

•capacity of 135,000 kilowatts.

Under

1954 and

subscriptions

a

jected 500,000-kilowatt Millikcn steam
north

the

1953, the company

additional

before

Common

turbo-compound Super Constellation

the

Goudey

Work

heading

on

of

and

Provision

as

company will up to 11 a.m. (EST) on Jan. 13 receive bids at
the office of Commonwealth Services,
Inc., 20 Pine St., New York,
N. Y., for the purchase from it of 527,830 shares of common
stock (par
$12)
as
shall
not
be
issuable
pursuant
to

tion, East Corning; Jennison Station, Bairibrdge; and Riverside
Station,
It also is interconnected with other electric
companies.
Meanwhile, another project of the expansion program is progressing

the

office

assumed

Chisholm,

J.

to Board—

Central

directors

The

Umira.

miles

who

Hugh

pursuant

that

Nine

No,

to

gone

turbine

interconnected

15

Harris,

by

the

of

board.cf

Pennsylvania Glass Sand Corp. (& Subs.)—Earnings-

and

beginning

retary

from

ry.

*

4,768,432

General

and

100,000-kilowatt

schedule.

in

Jan.

Net

2308,

generating stations:

on

flights

884,081

generating station at Dresden has

is

an

oper.

Net

7,794,126

84,575

Gross

4,128,281

little more than two years, Arnold
Manager, announced on Dec.
generator—the largest single unit
■placed in operation on the company's entire system—increases
^tatiop's production capacity to 192,000 kilowatts.
It

international

The balance
were
used
to pay off a $6,800,000 in¬
earlier borrowing in connection with the

loan

from

from
ry.

From

6,407,762

406,419

a construction

The

of

tourist

President

the

of

,

Net

New York State Electric & Gas Corp.—New Unit—

JMilliken,

four

lute

Net

563,269

Corporation's
•electric

R.

Lockheed

the

Northwestern

447,762

income
p.

development

trans-Pacific

Harold

of

November—

13,863,820 151,207,000 148,391,026
10.404,121 121,183,018 118,318,328
11,285.000
960,000
11,282,000
394.665
3,740,050
3,064,578

589,000

funds

178,

usefulness

leasing arrangement with the Flying Tiger Line, Inc., North¬

a

Ohio
Net

the

estimated

become necessary before the
will be required in the early
part of 1954 prior to the time of the financings which will supply it
with
the common stock and bond components of its 1954 financing
program.—(V. 178, p. 150.

Mr.

Month—1952

384,692

from

obtained

2576.

Hartford RR.—Earnings—

11,012,885

....

west

p.

(net Cr).

cont.

further

Deliveries will be made in

delivered

■

13,374,147

rents

income

Fixed

direction

funds

Under

185,632

$7.90

rents

facil.

Other

increase

banks

Profit

350-mile-an-hour

the

$625,642

185.632

...

Joint

for

including

debtedness remaining from
purchase of Stratocruisers.

1953—9 Mos.—*1952

$1.28

$

expenses

six

of

185,632

1953

revenue

.Equipment

of

Subs.)

$237,898

2250.

p.

to

services

to

May 4,

year-end

and
Chief
Executive
Officer
on
Jan.
1,
1953, Northwest
into an agreement with 14 banks for a loan of
$21,800,000, of
$15,000,000 is "new money" and will be applied to the purchase

which

.

$3.22

Period End. Nov. 30—

•Operating

•••

(&

185,632

New York, New Haven

•Operating

Co.

$598,515

share..
177,

the

airplanes.

•)'•'.■•

'

1953—3 Mos.—*1952

lfct profit after taxes..
ramber capital shares..

•Revised.—V.

1

'

Honduras Rosario Mining

Sept. 30—

per

special

to

borrowings

of

expects

entered

2478.

Period End.

-Earnings

Under

20,888,772

&

made

were

services,
1, 1954.

April

48,218.320

York

of

capital expenditures.
at
$4,429,000
and

for

and

are

150.

p.

Braun.

$10,000,000

in

passengers.

This compared with 937,900
'
traffic volumes, Northwest in¬

passenger

1955

President

50,337,801

v.

New

number

a

all

topping

domestic

rail-

5,183,951

p.

to

"wyman,

company

bank

from

airline to the public.

Plans

3,707,993

oper.

178,

the

$

operations..—

'

•

$

154,699,444 148,406,620
9,659,607 104,361,643 100,188,300

14,843,558

9,392.876

expenses

from

rev.

way

ITet

13,100,869

revenue.

augurated

1953—11 Mos.—1952

$

$

railway
Baiiway

IIR.—Earnings—

addition

$2,000,000

and

Paper Co.—Wyman Elected

elected

addition

order

,

In

basis of $100 of
The subscription price

Pennsylvania Electric Co.—To Borrow From Banks—

volume

first

of

1954

announced

The

•

1,100,000,

the previous high.

1952,

23.

million

a

1,

the

on

organizer and Vice-President of The Development Credit Corp.
Maine, Vice-President and director of the First National Granite
Bank, Augusta, Me., and a director of the New England Council.—
V. 178, p. 2200.

19,825,371

p.

1954,

Jan.

an

Co.—Merger Authorized—
Co.

22,

the

with

due

stockholders of record

common

of

Airlines, Inc.—Record Passenger Traffic—

corporation established

27-year

The

2478.

p.

14,095,793

loans

for

Robert

In

Superior

Northwest

during
8,838,171

is

was

late

157,770,380 150,518,128
31,624,966
38,500,741
14,130,425

debentures

convertible

January

SEC—
statement

registration

a

Wa %

subscription by

business

bank

F.

been

its

railway

operations

161,917,223
31,595,674

It

.

This
Net

William

2308.

p.

Lake

See

1950

has

income

oper.

178,

for

filed

28
of

respectively.—V. 178,

Oxford
1951

1952

160,628,661
31,585,061

railway

of

outstanding

.

railway—.

Northern
1353—11 Mos.—1952

63,119,190 760,561,835 731,239,784
55,230,654 627,933,639 620,427,015

56,088,540

expenses

from

income

close

$4,400,000,

1—

from

Gross

Net

2094.

p.

$

64,926,711

revenue-"

oper.

178,

1953—Month—1P52
$

oper,

ry.

Kit.—Earnings—

Period End. Nov. 30—

Hallway
HaUlway

from

offered

Expenditures

178, p. 2095.

$14,809,177 $14,343,949 $15,065,464 $16,588,504
2,926,783
3.059,315
3,363,479
6,549,385
655,708
2,008,956
1,827,501
3,636,94(3

—

be

Dec.

on

$2,500,000

debentures for each 25 shares of'stock then held.
is to be 100%
of principal amount.
Blyth &, Co., Inc., is named as
the underwriter.
Net proceeds of the financing will be used to retire

the two

Ry.—Earnings—

railway
railway—,—

to

the

at

Co.—Hearing Jan. 8—

1953

from

to operate

expenses

company

covering

1964,

interim.

the

November,

and

SEC

by $62,818.—V. 178, p. 2308.

Commonwealth Edison Co. above.—V.

Net

by this company's Kinney and Watertown
opened for business in Los Angeles, Calif., in
area
that
is
growing rapidly with the expanding

an

segment in

October
revenues

Northern Pacific

been

of

the

over

November—

Co.—New Branch Opens—

Otter Tail Power Co.—Registers With
This

two-year

Northern Illinois Gas

made

pumps

have

losses

September,

See

facilities to sell and service the wide range of hydraulic

new

vacuum

divisions

Central's

North

routes exceeded

Gross

New York Air Brake

Cities on

Minn.

Falls,

Fergus

Brainerd, Beinidji and Thief River Falls,

are

Although

" "
operating revenues for the latest 12 months were
$-37,493,420 compared with $35,957,879 for the corresponding period
3ast year, an increase
of 4%.
Net income before parent company
fixed charges and provisions for Federal income taxes was $7,492,475
compared with $6,688,824 for the 12 months ended Nov. 30,
1952.
Balance to surplus on a parent company basis was $3,053,573 for the
enrrent 12 months compared with $2,463,275 for the corresponding pre¬
vious period, representing earnings of $1.42 per average common share,
cfter preferred dividends, for the current period compared with $1.18
I sr average common share outstanding for the corresponding previous
t^riodr-V. 178, p. 2575.
outstanding.

and

the 312-mile Grand Forks
Minn.
authority to operate the routes
doesn't expire until next March 27, the company requests immediate
relief, asserting it is now and will continue to suffer substantial

cents per average
increase in Federal
common share

average

per

the

Jan.

stock

ment

26,

ot

the stockholders
Benson

&

Hedges,

will vote on the proposed acquisition of
whose principal product is the Parlia-i

cigarette.

Although

not

required

to

do

so

either

by law

or

by the

charter

of

Volume 179

this

corporation? the directors have decided to feubihifc the pr<3{J<isai to
stockholders because of the size and importance of the move.

the

The

proxy statement
outlining the proposed acquisition was dis^
tributed Dec. 30 to
approximately 17,000 common stockholders of Philip
Morris.
The

stockholders

would

being requested

are

to

vote

on

which

resolution

a

become

a

Nov.

mon

subsidiary of

30,

the

there

1953,

larger

shares

433,428

were

the

At

company.

close

of Benson &

outstanding.

business

of

terms

will

office of Ridley,
Austin, Burgess & Smith, Room 2000, 11 So. La Salle Street, Chicago
3, 111., up to 11 a.m. (CST) on Jan. 12 for the purchase from it of
$25,000,000 first mortgage bonds, series K, due Jan. 1, 1984.
See also
V. 178, p. 2309.

Hedges com¬

proposed

COMPARATIVE STATEMENT

Period End. Sept. 30—

Pullman Inc.

78,358,027

157,466,415

taxes

8,106,613

6,392,331

15,940,864

Gross

Gross

Prov.

Fed. inc. taxes

4,215,000

3,324,000

8,289,000
579,000

before
for

Net

profit

'Earns.

3,750,613

per

'After

$1.41

$1.13

share

com.

preferred

shares.—V.

3,068,331

dividend

5,784,649

$2.64

capital

178,

2.448,121

on

com¬

178, p. 2576.

Net

ry.

Net

from
ry.

—V.

The Bankers Trust Co., New York, N.
Y., as trustee, js making dis¬
to the holders of the company's first
mortgage 4% 30-year
sinking fund gold bonds due July 1, 1937, at the rate of $250 per each
$1,000 principal amount, pursuant to Order of the Supreme Court of
the Philippines dated Dec. 8, 1953, representing the pro rata share of

proceeds

Philippine
Dec.

Co.

The

become

bonds

void

1956.—V.

31,

the

of

sale

of

Railway

presented

The

178,

has

company

barrels

of

oil

indicated

assets,

properties

distribution
of

and

$0.89

$3.86

$3.10

Net

Common

j

will

value

no

the

at

close

forty

Dec.

30.

the

well

per

day

from

calculated

well

choke

small

a

block

another

sand

in

Eloi

Sound

Bay

where

flow

at

7,050

zone.

it

27,497,767

21,684,381

15,708,286

14,419,009

10,221,703

Net

Phillips has

synthetic

fiber,

para-xylene

178,

after

—V.

p.

177,

flowed

three

of

one

301

Parish,

announced

was

17,500,000

of

also

feet and

is

Sound,

participated

topped
No.

an

of

untested
of

the discovery of

at

its

plant

new

near

West

is

plant

adjacent

the

to

Petroleum

Cosden

of

RR.—Earnings—

Shawmut

&

November—

1950

1951

1953

1952

$206,339

$211,481

$189,318

$210,628

19,832

52,518

29,580

50,111

46,691

46,437

71,519

railway.
railway—

2,234,870

2,056,776

2,191,094

403,862

391,114

income

654,358

575,971

income

oper.

ry.

$

•

oper.

178,

:

109,291,842 113,154,504

34,100,000

2,362,182

7,478,625

Number

1,250,000

1,660,000

5,100,000

6,500,000

'Based

718,400

702,182

2,378,625

546,898

The corporation
of

its 3';v

will

be

492,355

546.898

'$1.28

S4.35

'$4.80

outstanding.—V.

now

178,

100% T

Chemical

by

Reserve Oil

Bank

Trust

&

Net

amount

and

000,

The

agreement

the

(bi

Dec.

from

1954, $2,000,000

York,

New

S

41,463,341

31,

expiration

1954,

to

these

on

tExcludes

taxes

5,166,345

completed arrangements

had

taxes.

1,373,607

5,846,121

5,171,308

2,780,128

9,117,163

8,986,863

Com. shares outstanding

2,156,242

2,159,799

2,156,242

2,159,799

Earnings per com. share

$1.45

$1.29

$4.23

$4.16

income

inc.

for

date

Dec.

31,

of

San

the

1956.

'Earns,

per

—V.

177, p.

2681.

$1,171,400

$1,372,400

$286,200

362,000

159,000

874,000

$127,200

$498,400

$416,400

154,626

154,626

to

$0.66

$2.74

stock,

Period End. Sept. 30—

1953—9 Mos.—1952

1953—3 Mos.—1952

$
Net

$

|

1

$1,000

units

statement

5'/2%

of

with the SEC on Deq.
due 1966, and 12B common stock,

debentures

shares

100,000

class

of

one

shares

515,000

499,000

1,516,000

1,700.000

$396,000

$459,000

$1,163,000

$1,255,000

$0.20

$0.66

for

Net

inc.

profit

unit;

per

and

debentures

of

the

and

warrants

units

are

be

to

and

of preferred
unit.

for

offered

class

B

sale

taxes.

11,078,271

8,925,810

40,819,010

32,841,235

1

9,944,647

8,852.170

30,711,825

26,617,605

common

shares

9,047,957
$1.09

9,041.850

9,047,957
$3,39

9,041,850

178,

1476.

p.

Potomac Electric Power Co.—Income

Statements—

1953—3 Mos.—1952
1953—12 Mos.—1952
$13,080,502 $12,641,639 $49,676 217 $47,103,891
taxes
10,621,091
10,201,190
40,324,662 37,971,491

Period End. Sept. 30—

Operating
Oper.

revenues

&

expenses

Net

'Income
Other

adjustments

income

ductions

.

$2,440,449

$9,351,555

BrlO,414

Dr75,758

—

Dr57,105

Gross

is

$2,430,035

$9,281,240

786.129

760,921

3,153,292

class

the

1

income

dividends

Preferred

Balance

On

$1,669,114

$6,127,948

$6,271,681

101,250

405,000

101,250

—

405,000

5.117,040 shs.

calendar

the

$5,866,681

—!

year

such

of

Conversely,
than

the

such

and

1951,
952.

$0.30

$0.3p

$1.11

$1.14

Plan, when net operating revenue for any
exceeds the basic return f5Vi % of the rate base), oneexcess
is transferred from income to a special reserve.

when net

basic

Scale

operating revenue

return,

reserve,

justments

$1.37

$0.36

now

Sliding

is

The

the

made up

deficiency,

for any calendar year is less
the extent of the balance
to income.
The income ad¬

to

above represent transfers made in December, 1952
respectively, in respect of those calendar years.—V. 178,

Securities Corp., Kansas City, Mo.—Files

With Securities and Exchange Commissioq—
The

corporation

covering

offered
to be

at

on

Dec.

23

filed

1,000 shares of class

$111

per

of

stock

ry.

transfer

and

'For

Co.,

New

the

sold

the

preferred

York, N. Y., has been appointed
stock purchase warrants and to

p.

Pratt

&

this

of

share,

letter

a

B

common

178,

p.

952.

The

liom

Net

ry.

From

of notification with the
stock (par $100) to be

without "underwriting.

used for working capital.—V.




new

J-47

jet

production orders for components
engine and for afterburners on

jet

by

Ryan,

of

with

these

components

companies.—V.

St. Louis-San Francisco

Net

for

more

178, p.

than

one

type

being

1514.

proceeds

are

Gross

Jan.

Net

from

Net

ry.

—V.

railway

from

income
14-

1952

1951

1950

1,237,882

1, 779,243

1,019,155

.

1,375,767

„

railway-'!— 118,£85.981 117 239,274 112,472,522
24,022,660
A
29,523,196
29 122,609
10,640,714

12,766,170

income

figures have been restated—979,390
value changed to 2,448,475 share®

1952

without par

of the par value of $40 each.—V.

178, p. 2577.

Co.—Partial Redemption—
Deerfield

(formerly
3%% sinking

its

principal

amount

debentures

fund

these

of

1821.

-

Seagram & Sons, Inc. (& Subs.)—Earns.—

(Joseph E.)
all

after
and

Income

operating

excess

1953

charges—

c_

profits taxes--———

-V.

1952

$18,874,733 $20,712,27510,160,000
11,300.006

profit"——
178,

$8,714,733

$9,412,275

1881.

p.

Profit
Prov.

for

taxes

income

—1

profit

Number

1951

$27,976,854 $23,098,561 $15,150,252.
3,313,381
2,895,712
1,612,246
Fed. & state income taxes
1,915,000
1,778,000
819,000 '

before

Net

1952

1953

3 Months Ended Nov. 30—

Sales

$1,398,381
1,120,500
$1,25

—

capital shares
per share-

—

Earnings

178,

P.

$1,117,712
1,112,950
$1.00

$793,243
1,100,000
$0.72

572.

.

Sightmasler Corp.—Acquisition—
This

manufacturer

vision-radio

of

industry

Fuse

than

Co.

electronic

13,562,165

2309, 2200 and

1990.

15, 030,080

products and parts
the complete fuse

acquired

has
South

$750,000

of

for the telaoperation cf

in- tools,

dies,

terms

fuses.
the

of

All

equipment,

machinery,

patents and

la-'1

series of automotive, electronic, .industrial etvI *
these were
acquired by Sightmaster urn'. ;r

ventory in developing a
household

River,

of

agreement,

approved

directors

the

by

of

the

two

com¬

panies. Consideration involved was not immediately made known.
}>- .
Sightmaster will begin in January to manufacture the General Fus®
line of products at its main plant at' New Rochelle, N. Y.
,

products through manufac¬

Distribution plans call for marketing the

turer

jobbers

representatives,

and

retailers

the United StateJ.

across

25,251,093

.

fuses for industrial a.ijaggressively merchandised.,"
Mrt Kaplan stated.
"Sightmaster will be the only major manufactu
in the East supplying a regular line of small fuses lor the automo' w j, •
electronic
and
industrial trades,
and Sightmaster will be the t-uVjf.
manufacturer in the country making a special Tine of patented hidicator fuses for
home and industrial use."—V. 178, p. 1572.
"A

special

household

line

will

use

patented

of

be

indicator

developed

Simonds Saw &
9 Months Ended Sept.

and

Steel Co.

Net

Number

Earnings
'After

after

capital
per

taxes
shares

share

1951

$29,586,927 $26,129,590 $33,793,473

1,822,257

J

497,000

■—
—

1952

1953
—

profit

(& Subs.)—Earnings—

30—

NeCteales

railwaypp.

$7.18

■

$10,180,662 $11 377.613 $10,387,716 $10,165,087
2,685,165
2,401,201
2,532.526
3, 417,041

102,673,283

oper.

178,

Ry.—Earnings—

1953

railway

oper.

$8.13

N. J., according to an, announoment made jointly on
Dec. 28 by Michael L. Kaplan. President otSightmaster, and Nelson Burt, President of General Fuse.
The
announcement
stated
that
General
Fuse had
invested mora'

Co.—Awarded New Contracts—

company

Electric

Whitney,

from

'2,448.475

$0.66

company

General

model

two

for

17,588,741

2,349,475

3 Months Ended Oct. 31—

agent
accept

which has produced thousands of units of
several
major "hot" sections of the J-47 engine.
Completely new
tooling will be required for the project, with production scheduled
through 1954 and into early 1955.
The order from Wright raises to six the types of afterburners on
which
work
is
being
performed
by
Ryan.
Besides Wright, Ryan
afterburner
customers
include
General
Electric,
Westinghouse
and
built

20,379.059

19,091,930

Packing Corp.)
Is notifying
due Jan. 1, 1962 (hat
debentures will be redeemed on
Feb.
1, 1954 through operation of the sinking fund at 101V4%
and
accrued interest.
Redemption will be made at the principal office of
the
trustee. The Marine Midland Trust Co. of New York.—V. 178,

debentures,

with

engine of the Wright Aeronautical Corp., was
announced on Dec. 23 by T. Claude Ryan, President.
The GE contract, for $1,300,000, is for a new item, not previously
newest

21,661,714

1,622,217

$0.65

stock

common

of

$86,000

Net

The warrants expire Dec. 1, 1958.— V. 178,

Aeronautical

General

the

1,826,135

share—

com.

-

8

'2,448,475

comparative purposes,

holders

—V.

common

such, warrants.

to

Award
on

-

146,157,613.

1,675,384

outstdg

shares for 1)

(2V-i

for

and 761.

1880

$

1,517,842

income

oper.

shares
per

1953—11 Mos.—1952

$

12,642,730 143,234,823

2,349,475

income

Com.

837.

p.

Statement of Operations—
Month—1952

11,743,275

revenues

$0.71

178,

(N. C.)—Warrant Agent—

November—

Professional

per

by transfers

shown

1953-

V.

outstanding.

2,955,000

Seeger Refrigerator Co.—Earnings—
sale

the

common

Bankers Trust

issue

exercise "of

Gross

SEC

from

B

manufactured

outstanding
'Under

half

$5,722,948

share:

com.

4,264,200 shs, out-

stdg. before June;*53
On

$1,567,864

$1,576,098

—

per

$65

at

named underwriter

_

the

Balance

is

Resort Airlines, Inc.

Ryan
Net

sale

2 839,509

$1,677,348

charges

$0.22

Seaboard Air Line RR.-

involved.

Inc.

$9,111,181

$2,463,477

income

Co.,

i

pp.

Interest

for

&

the preferred stock
stock will be
added to the general funds of the company.
To the extent that the
company
may have an excess of cash not immediately required for
making loans to customers, the excess may be used to reduce bank
borrowings temporarily.
The. company may also use the funds from
time to time for the acquisition of assets or securities of other finance
companies.—V. 173, p. 2192.

to

__

be 'Offered

proceeds

Net

35,886

5,443

to

and

$9,132,400

de¬

and

(net)

.

$2,459,411

4.066

revenues

oper.

share

1,760,000 capital shares now

on

Period End. Nov. 30—

the offering of deben¬
tures and warrants;
and the underwriting terms are to be supplied
by
amendment.
No
underwriting of
the preferred and class B

$2.94

——

$4,717,000 $14,701,000 $14,349,006

stock

59,458,840

$0.97

&

per

'Based

Profit

71.530.835

Stroud

1953—9 Mos.—1952

excess

units of one share of preferred and 10 shares of class

17,777,980

profit

treasury.—V.

taxes

1953—3 Mos.—1952

profits taxes

of

97,708,641

Net

in.

income

$1,000

2,099

21,022.918

Earnings per share

shares

Federal

Prov.

debenture and a warrant to
5V2c/o cumulative preferred
and 20,990 shares of class B common stock, $1 par, to
of

and

114,335,137

are

$2.76

arising from state tar
applicable thereto.
178, p. 55.
\

credits

$1,400,000

after

Seabrook Farms

taxes.

before

Number capital

p.

in

registration

purchase

in

par,

units

The
at

346.993,772 293,964,356

$50

a

$1,000,000

to

shares;

100

common.

8,726,577
4,363,726

$1.53

-

2,679,000

952.

for .income

Prov.

in

p.

inc.

sales

Profit

—V.

B

filed

covering

offered

be

(& Subs.) —Earnings—

'12,065,481 '

$2.21

offered

be

6,679,413

8,729,452
14,365,226

V

154,626

$1.12

share

com.

warrants

y.ear

11,020.000

858,000

755,000

—$197,500
outstdg
154.626

taxes

—-

company

1953,

24,

23,085,481

6,130,000

1

911,000

Earns,

Qo., Inc., Jenkintown, Pa. — Registers
Securities and Exchange Commission—

With

426,483,232

12,809,413

,

other

&

Net

1953—9 Mos.—1952

Finance

purchase

Pittsburgh Plate Glass Co.

421,343.815
,

.

$4,719,000

sales

Net

preferred dividends.—V. 178,

Ritter

$

shares

134,774

'Earnings

$559,500

*"

.

1952

inc.-

has been changed

agreement

and

franchise

shares

Com.

INCOME

OF

taxes.

two

1953—3 Mos—1952

taxes

Fed.

profit

This

profit

$1.32

STATEMENT

Profit before inc.

This

3,126,551

for

Net

4,363,726

$0,91

Schering Corp.—Earnings—

Co., Inc.—Earnings—

before

'After

2,039,794

Prov.

4,363,726

$0.73

taxes

Period End. Sept. 30—
Net

revenues

inc.

4,365,226

taxes

income

settlements

of

Period End. Sept. 30—
Provision

4,153,735

before

$5,776,607

i>

134,591,230
14,158,171

Profit

$3,997,300

1953

approximately

claim

Gross

Profit

138,631,797
14,963,284

5,970.000

$3,229,888

•

,

share

per

Payment
trustee, at

company

611.631

»«T951

$8,497,300 $11,746,607

paid

capital

'Includes

currently is utilizing $150,000 of the available credit.
the agreement made no change in the interest rate.
The rate is l'/2% greater than the prime interest rate for short-term
commercial loans or 4V2%
a
year,
whichever is greater.
There also
is a commitment fee of
>/2 of 1% a year on the average daily unused
amount of the credit.—V. 175, p. 144.

$

$

Bar

4,500,000

profit.,.

Earnings

Credit Agreement—

Gas Co.—Bank

&

^

47,952,375

the

of

Tacoma

3,570,000

!
income

for Federal

shares of

rentals, etc. '

the

1952

$6,799,888
,

i___^

sales

Number

Francisco to modify its
important points: (a) The
of the revolving credit has been raised from $400,000 to $500,-

credit

revolving

taxes

series due 1965,

Co.,

company on Dec. 28 announced it
the Crocker First National Bank of

Net

Net sales, oper,

Eisenhower,

committees

and

Years Ended August 31—

and accrued interest.—V. 178, p. 2095.

386,383

1953—9 Mos.- -1952

several

of

Association,

taxes—;

income

profit

Dividends

1513.

p.

has called for redemption on Feb. 1,

first lhortgage sinking fund bonds,

made

432,662

1953- -3 Mos.—1952

of

member of the American Judicature

a

Bar

1953

income

for

Profit before

2,623,182
492,355

SI.31

shares-

shares

on

421.075

Pittsburgh Consolidation Coal Co. (& Subs.)—Earnings

firm

$

f

Net

taxes—

capital

State

Period End. Sept. 30—

law

the

9,123,182

Earnings per share

2309.

p.

in

for

member

a

,

vacancy

Tacoma, Wash,, which has acted
St. Regis in the Pacific North¬

of

counsel

is

$

1.968,400

profit

Ritter

from

Net

'

inc. &

profits

Net

From Jan. 1—

from

Eisenhower

T

filling the

director,

a

Dick.

partner

Duncan,
as

before

Prov.

2,341,289

railway

railway

senior

&

years

K.

Common shares outstanding.
Earnings per common share——

40,282

from

from

of

COMPARATIVE

32,198,000

taxes_

inc.

Modification

Pittsburg

5,170,714
$2.36

..

William

of

the

Provision

1953—9 Mos—1952

1953—3 Mos.—1952

_

excess

.

Properties

$1.55

3 Months Ended Nov. 30—

Motors, Inc.—Earnings—

for Federal

Prov.

Co.'s

Southwestern Development Co.'s
Subsidiaries—See Southwestern Development Co. below.

Utility

is

Ramsdell

M'r.

Profit

5,041,774
$1.31

5,054,299
$1.01

share

This

2309

p.

5,170,714

$1.82

47.

Profit before

four

in

5,314,738

,

Schenley Industries, Inc. (& Subs.)—Earnings—

.

* 6,827,794

and

Spring

death

Eisenhower

number

a

west,

Republic Steel Corp.—Partial Redemption—

Big

12,796,676.

requirements.

American Bar Association, and is

1952

1,953

5,325,769

outstanding

commoi>

sales

gas

northwest

8,555,863

share—

dividend

Washington State
Association.—V. 178, p. 1375.

I

:

$
Net

on

I, State Lease

miles

14

in

feet

cubic

the

by

Society,

30—

Period End. Sept. 30—

with

Net

Sept!
taxes

shares
per

Pioneer Natural Gas Co.—To Be Organized to Acquire

ry.

23,488,722
12,002,160

,

Big Spring which is supplying charge stock to the plant.

near

Net

for

,$109,503,409 $114,334,335

profit

Earnings

it was announced on Dec. 30.

Net

Mr.

118,534,625 108,141,746

fields.

new

The

28,210,827

$

146,078.366

Edgar N. Eisenhower has been elected
created

1,260,430

1,125,081

1951

$

135,851,225

outstanding—

common

preferred

Hunter,

2309.

the

The Phillips Chemical Co., a Wholly-owned subsidiary, recently began
production of para-xylene, an important material in the manufacture

refinery

120,212,310

6 Months Ended

Chemical Unit Producing Para-Xylene—

Texas,

122,652,097

un-

business

Bernard

St.

The discovery well,

Chandeleur

of

1,707,648

of

of

which
from

in

Orleans,

acre

New

open

the completion

above

producing

of

discovery

a

8,700

an

southeast

a

1,377,373

$11,372,547 $10,852,774
2,489,025
2,389,249

Net

through

on

income—,

railway
income,—

addition! to this oil flow from Miocene Sand at 5,856 feet,

had

2220

Breton

zones

miles

In

3,375,253

1952

'

148,548,731
10,149,983

New Director Elected—

1950

1951

1952

$12,024,426

all

and

1953

2,314,535

Common

business

ajnd

terminate

shares

'Earnings per
'After

$10,824,188

«

1953

profit after taxes

Co.—Earnings—

p.

1,219,494332,524

sales

952.

p.

completed

day

per

pay

La;,

—V.

Net

$1.25

oper.

178,

Reo

Gross

2,192,000

Sales

Phillips Petroleum Co.—New Discovery Well—

Gross

2,192,000

..

railway

1,469,442
330,306

Remington Rand, Inc.—Earnings—

tribution

—V.

2,192,000

railway—__
railway

from

675,183

i

From Jan. 1—

Gross

1,998,170

419,043

191,684

$

6,802,190

1374.

oper.

3,894,060

Sept. 30—

8,456,273

,

from

4,445,333

1,517,964

1,943,808

November—

Ti'om

81,751

5,008,323

St. Regis Paper Co.—Earnings—

12,045,000

16,012,000

38,908

2577.

2,192,000

shares,

share

Reading

Net

a

3,111,178

172,191

33,360

4,737,957

2,74i;275

■

p.

$2.11

requirements and based

Philippine Ry. Co.—Distribution to Bondholders—

sand

7.506,275

4,765,000

129,792

income—

oper.

178, p.

$418,512

-

1^-

from

ry.

75.393,594 290,678,350 240,219,040
5,054.986
24,468.273
18,847,190

95,684,013

—

$421,168

11,260

railway
from railway

—V.

J'

1950

$409,067

income—

Net

$

$

1951

$341,553
77,080

railway

oper,

Net

$

taxes

profit

Gross

7,072,864

ry.

1952

1953

.

Fron^Jan.

1953—9 Mos.—1952

1953—3 Mos.—1952

taxes—_

inc.

inc.

per

Net

Net

from

Net

9

Frgncisco. & Texas Ry.—Earnings—

railway-,—-

9 Months Ended

6,267,000

141,000

for

from

Net

(& Subs.)—Earnings—

revenues

Prov.

12.051,649

inc.

Louis-San

November—

.

157,013,219

before

Excess

of

the

at

company

$

—V.

80,109,135

profits taxes——

Profit

No.

the

by

Period End. Sept. 30—

Earnings

1953—6 Mos.—1952

$

on

received

Gross

Number

EARNINGS

OF

-1952

1953—3 Mos,

sales

the

be

,

the

of

acquisition were negotiated with repre¬
sentatives of Benson & Hedges and Tobacco and Allied Stocks, Inc.,
the majority stockholder of Bensqn & Hedges.

mon

St.

Public Service Co. of Indiana, Inc.—Bids Jan. 12—
Bids

Profit
The

Net

(9)

authorize

Philip Morris to acquire a minimum of 355,460 shares
of Benson & Hedges common stock on the basis of a
share-for-share
exchange of Philip Morris common stock, Benson & Hedges would then
on

I

Number 5287 .The Commercial and Financial Chronicle

,

$3,66

giving effect to $270,000 carry-back tax

'1,806,368
.

497,000

$3.63

3.053,1 '3
497.(H.I
$6.-5

credit.—V. 173, p. 954,.

10

The Commercial and Financial Chronicle

(10)

Sioux Oil

Spokane International RR.—To Offer Stock—

Co.—Expansion—
'■

Harshfield, President, on Dec. 30

F.

Sioux Oil Co. is

1954, wnen

the

at

handle

to

crude

the

Mr.

with
bay
Petroleum
Corp.
Vice-President of Sioux Oil

formerly
elected

tinuation

at

a

of

management

affairs.—V.

company's

the

Co.

176,

Gross

from

from

Net

ry.

Jan.

general

of company's studio.—V.

remodeling

including

purposes,

for

used

be

ry.

—V.

railroad

AND

FIRST

$179,939

84,473

66,117

47,567

38,951

26,619

24,930

3,149,238
r 1,300,788

2,695,441

2,416,731

900,182

727,797

.2,138,272
755,131

612,483

461,817

292,690

399,475

'

-

33,461

1—

Commission

Power

has- been

18

income—

oper.

Laboratories,

in

Point,

Glebe

thetics.

firm

The

Previous,

Inc.,

Australia

in

Sydney,
is

Mr.

subsidiary,

a

first

the

The

the

located

&

noted,

include

in

Australia received

the

Division.

Co:

Novocain,

N.

South Porto Rico Sugar Co.

(&

Profit

molasses produced

4,681,840

1,991,287
$2,690,553

$6,236,898

,

Excess

profit
dividends

paid

400,000

Common

dividends

paid

Common

shares

2,982,936f
745,734

Preferred

"Earnings
"After

outstanding
share

common

per

preferred

178,

Southern California
plant

Edison

Principal
and

steam

—V.

to

the

expansion

the

The

profit

See

.

Edison

estimated
The

in

$73,000,000,

at

ac¬

Life Insurance

will

1954

include

Oil

before

Provision

in

Net

as of Dec. 31,
1945.
Gross plant additions for the nine years,
through 1954, will amount to approximately $560,000,000 which
is 1507c greater than the company's existing plant at the-end of 1945.

above.—V.

be

for

necessary

from
not

the

sale

of

known.—V.

now

178, p.

173,

1993.

p.

Southern

$83,669,221

11,500,381

$78,046,162
12,100,164

Cr500,000

-

income

200,000

.

taxes

$11,900,164

1,269,042

423,014

423,014

shares—

2,000

$28.37

shares

in

treasury,—V,

178,

$28.13

Net

From

plans

company

due Feb.

investments

Georgia

in

1,

its

Power Co.—V.

banks

to 49

1956,

of

two

sell

to

and

the

use

subsidiaries,

178,

proceeds

the

Alabama

Power

Co.

and

Period

1953

from

Net
Net

ry

railway
railway

from

1950

&

$40,146,200 $42,979,787 $46,917,648 $40»949,129
7,441,990
10,401,920
14,218,186
11,504,771
3,301,793
4,236,012
5,796,220
5,061,683

Income

oper.

1951

Net

from

Net

ry.

railway
railway

—V.

income

oper.

178,

127.769,786

109,714,251

39,257,461

inc.

some

The well
over

M.

8,000

Artall

in

No.

the

drilling will
discovery and

of

this

178,. p.

in

field

St,

Landry

be

to

necessary

the

on

Krotz

of

extent

blogk; of

a

Springs

consolidation

this

the

announced

properties

and

company

Under

28

the

of

the

proposal,

evaluate

the

oil

fully

the
in

reserves

$1.99

significance
the

the

Net

field.—

and

operations

of

the

4%

for

Amarillo

Gas,

Gas

Co.,

the

Oil,

which

issuance

178,

whose

be

a

Southwestern

is

to

receive

amount

tially
53'!c

the

oi

therefor

the

in

the

of

for

of

its

capital

which

par
of

stock

over

certificate of
have

that

be

it

to

Pioneer

capital
each

dissolved;
in

and

Its

Southwestern,

Pioneer.

Sinclair

Oil

o'wns

which

stock,

in. exchange

stock,

share

of

two

has

that

consummated,

ceased

to

be

a

the

the

of

a

pro

Corp.,

a

"Based

Southwestern,

various

stock

Commission
upon

the

Net

loss

"After

The

transactions

Commission

issue

an

holding company.—V.

177,

above
order
p.

after
tax

$29,234,422

V. 178, p. 2577.

$32,843,368

"404,549
of

$5,060

\




1953—3 Mos.—1952

N.

$668,917

for

19,369
profit

J.,
The

Iron

$0.14

$0.66

$0.68

N.

1,143,545
by

1

5,000

Light

South

MCF;

Co.,

Division

Works,

2,000

Gas

Jersey

MCF.

wholly-owned subsidiary, Texas EasternCorp., plans to construct and complete, in
of

1954

approximately

the

parent

J.

That

a

new

$31,000,000,

company's compressor station No. 26
application calls for construction of
station

compressor

by, Texas Eastern Transmission
the

construction

moreover,

deliver.es

Inc.,

of

well

may

the

on

24-inch

line

near
one

the

near

Corporation.

additional

afford

substantially

these

to

stations,

compressor

24-incb

the

opportunity later on for increasing
rapidly
expanding
markets,"
Mr.

an

said.

from

ties

of

Co;

and

82,000

the

to

Ohio

MCF

deliver

these

to

MCF

deliverable

gas

to

110,852

on

Fuel

these

Co.

178,

and

to the

in

MCF.

companies

MCF

day

any

Gas

100,000

cases.—V.

Texas

Texas

on

for

Eastern's

annual

an

increasing the

quanti¬

Manufacturers Light &
Rate Zone D

Heat
from

Eastern's

total

basis

is

obligation

to

increased

in

not

2354.

p.

sale

Gas

Transmission

corporation

has

refunded

has

advised

total

a

customers

of

Federal

approximately

to

pursuant

Corp.—Completes

the

the

Power

$875,780

settlement

of

a

Refund—
that

Commission

about

to

rate

whole¬

35

approved

case

by the FPC last August.
The

the

settlement
based

period

required

Texas

natural

on

the

to

refunds

make

increased

proposed

The

35

customers

sharing

Illinois,
Indiana,
Mississippi. The refund

year.—V.

178,

the

in

Arkansas,
and

Gas

to

its

sold between Jan. 8 and Sept.

gas

previously

rates

utility

1953,

1,

in

were

effeek

bond.

The
SEC

$875,780

Kentucky,
includes

refund

Ohio,

interest

markets in

serve

Louisiana,

Tennessee,
at

the

rate

6'/i

of

pe*

1881,

p.

corporation

covering

stock

to

be

Dec.

on

300,000

offered

filed

21

shares

at

be

to

are

of

($1

par

used

to

letter

a

5%'
per

of

notification

cumulative

share),

purchase

with

convertible

without

the

preferred

underwriting. The

equipment

and

for

drilling

Texas & Pacific Ry.—Results from Operation—

1953

1952

combined

on

as

class

calculated

$239,671

1953—Month—1952

$6,818,700

741,000

10,000

4,674,421

$229,671

and

1953—11 Mos.—1952

$7,270,394 $79,698,063 $75,921,373
4,540,305
54,464,230
51,954,108

694,302

907,502

9,531,331

9,066,886

1,293,341

1,822,587

15,702,502

14,900,379

dr.)

326,539

313,437

3,934,403

2,915,363

dr.)

5,391

18,208

203,016

254,536

oper. income—

$961,411

$1,490,942 $11,565,083
156,809
1,309,295

$11,730,480

$1,647,751

$13,186,121

rentals

(net

$2,901,537

$0.76

the

4,831,057

$7,575,958

taxes

A

by

End. Nov. 30—

Operating revenues
Operating expenses
Railway tax accruals

Jt. facil. rentals (net

1951

$1,662,425

inc.

Period

Equip,

share

common

assets
was

to

Dec,

on

the

Net ry.

$0.15

income

Total

$2.50

113,423

income

$1,074,834

—

$12,874,378

1,455,647

Misc.

B

common

shares,

company.—V,

178,

p.

after preferred
1822, ■

deductions

8,171

5,108

90,285

85,400

Fixed

charges

257,120

269,394

2,897,404

42,966,900

Steel

Co.

(N. J.) —Sale Ap¬

income

$809,543

$1,373,249

V.

22

approve

the

sale

of

the

all

$9,886,689 $10,133,827

2202.

178, p.

of

refused
two

The

Taylor-Wharton Iron & Steel Co. of

Steel

Dec.

on

Delaware1,

declaring

the

new

The

in

The

on

640.

V.

178,

their
this

p.

484.

Trenton,

and

denied

Tilo Roofing Co., Inc.
of

name

Twisco

approved
action

the
up

Taylor-Wharton

the

Corp.

40 Weeks Ended—
Net

Net

after

(& Subs.)—Earnings—
Oct. 10, '53

>

-

sales

by

by - stockholders
last
the U. S. Treasury on

application

to

Sep¬
tax

Common

shares

denied,,, the
whole
again, resulting in the

Earnings

per

—V.

p.

a

was

stockholders

taxes

177,

»___.

$8,701,823

$7,941,163

share

462,126

$0.67

:

109,481

462,126

outstanding

common

Oct. 3, '52

307,722

—

$0.24

2294.
(

&

Steel

share

per

Twisco

Co.

by

Corp.,

payable

of

Twisco

a

and

in

(New

transfer
a

Jersey)
of

$2,000,000

instalments

Corp.,

the

5%>

over

new

will

be

$4,000,000
note

five

paid

in
of

cash

the
to

Taylor-

who

do

not

Realty & Construction Co., Inc.

before

Provision

income

for

Subs.)—

$2,887,765

$2,421,354

1953

taxes

income

payment of the $2,000,000 note will be permitted
stock at a price of not more tnap $50 per share.

propose

to

appropriate

$500,000

to

pay

off

the

stock

offer.

(Ala.),

Net

profit

Common

"Earnings
company

Easton

(Pa.)

has

plants

and

High

in

Cincinnati

Bridge

(N.

(Ohio),
J.).—V. 174,

♦After

taxes—

shares
per

720,000

$2,087,765

$1,701,354

400,000

400,000

$4.87

$3.90

1

outstanding
common

share

dividends.—V.

(Continued

1952

800,000

'

preferred

,

(&

Years Ended September 30—
Profit

years.

company,

Tisliman

full

Taylor-Wharton

■Birmingham
p.

for

directors

tendered

699,999

immediately
at

transaction

_T

put

Irpn

$60

(Delaware),

wait-

.turn

Twisco

of

stockholders

to

to

has borrowed SlfOOO.OOO from Chase National Bank
City of New York under a loan commitment dated March 13, 1953,
increasing the amount outstanding to more "than $6,000,000.—

22.

company,

Wharton
I

a
delay.
change the

of

States Natural Gas Co.—Bank Loan—

company

thus

for

was

When
be

scheduled

Jersey,

favorable

on

to

Taylor-Wharton
equivalent

the

to

New

originally

application.

vote

2460.

voted

of

contingent
had

halt

stockholders

Co.,

transfer

transaction

referred

to

meeting also

&

Three

company's

Harrisburg Steel Corp.
to

made

refund

a

subsidiaries.—

&

Co.,

Elizabethtown

MCF;
Gas

Electric

Storage Field and other necessary installations and measuring
on
the system, all of which will be leased to, and operated

stations

"By

Inc.,

Power

22,000

to the
Public

follow:

pipeline system at a total
including 265 miles of
extending from the Oakford Storage Field in western

to

line,

Co.,

by Texas

delivered
as

Philadelphia

Philadelphia

Ry. operating income

$921,425

had

The

reserved

$89,039,975 $93,930,477

storage

from

the

in the fall

at

horsepower

Oakford

Gas

MCF;

Improvement,

Delaware

pipeline

Pennsylvania

1,012,984

taxes

state

tember,

to

earned

Union
7,000

the service,

Lambertville,

$686,736

1,012,984

Sept. 30—

and

per

sale

requests

$7.50

1953—9 Mos.—1952

withdrawn

be

Transcontinental,

Co.,

for operation

1953—9 Mos.—1952

•

$145,952
1,012,984

wholly-owned subsidiary of Harrisburg Steel Corp.
of
the
sale
was
given by the stockholders
after the New
Jersey Superior Court Appellate Division

wish

1953—3 Mos.—1952

taxes

provision

temporary debentures of that
York, 140 Broadway, New York,

Approval

rata

■.

will

gas

Texas-Louisiana Oil Development Corp., Austin, Tex.

$0.12

income

stockholders

physical

par¬

of

to

Gas

MCF;

perform

Net

following

filing

Transcontinental >undei

—Files With Securities and Exchange Commission—'

$126,451

Taylor-Wharton Iron &

surrender

Pioneer

that

Brooklyn
Gas

United

1,500

3,300

reserves.

companies will purchase

by

proved—Name Changed—

approximately

of

MCF;

estimated

are

for

New

profit

The

Spiegel, Inc.—Earnings—
Period End. Sept. 30—
sales

1978,

1,012,984

'

share

Fed.

dividends,

Amarillo

.

Net

for

"Earnings

stockholders

their

for

shares

will
be
dissolved..
The
Southwestern's request that,

notification

been

1,

a

and

company,

Southwestern
for

Feb.

391.

before

Prov.

Natural

into

merged

them

supplies"or

gas

.

time

delivered

^proceeds

taxes..

9 Months Ended

stock of
Southwestern, will receive in exchange
percentage of the common stock of Pioneer.
Under
Southwestern will transfer to the holders of the
727,757

$5

of

due

Talon, Inc.—Earnings—

Pioneer,

shares
of

holding

changed
will

Southwestern

jurisdiction
to

their
stock

debentures

-

exchange
Co.

shares.

178,

Prolit

common

cancellation

par

of

common

in

Trust

after

p.

like

a

proposal,

shares

place

of

liquidated

registered

exempt

be

properties

subsidiary
be

will

name

fund

1822.

p.

capital
per

,

and
dissolution of Southwestern.
operating public-utility company and a
will
replace
Southwestern
and
its
six

non-utility

will

sinking

Guaranty

—V.

authorizing

subsidiaries

to

companies with maximum
Electric & Gas Co., 66,000

The

Other
order

an

contracted

will permit greate*
Storage pool and

Oakford

the

Eastern's'

Texas

on

contract.

agreements

858.

p.

profit

Net
of

issuance

these

interest in

agreements, and the customer companies will make
available for summer delivery into storage by Texas Eastern.

Eastern,

$1,827,105

$2.50

Period End. Sept. 30—

non-utility
company
wholly-owned subsidiary companies, namely, Amarillo Gas Co
Amarillo
Co., Clayton Gas Co., Dalhart Gas Co., Red River Gas Co. and
West Texas Gas Co.
The System's utility
properties will be merged

will

$2,272,364

$0.69

at

that

its

of

already

winter

30,000

in the
and re¬

gas

day

summer

New

Texas Eastern-Transcontinental

service

gas

the

the

expenses.

liquidation
single

a

single

and

$632,000

$0.85

Oil

into

3,002,000

113,400

Dissolve—

and

Dec.

on

4,877,000

860,045

Number

Liquidate

existing
that

the

per

gas

Symington-Gould Corp.—Earnings—

2479.

SEC

1,107,000

113,447

covering

acreage

(par $5) was made on Dec. 28 by Goldman, Sachs & Co.
at $38.50 per share with a dealer's discount of
$1 per
share.
It was completed.
To

1,690,000

860,072

Y.—V.

of

during

pointed out that under this plan customer

customers

taxes

37,819

area.

Southwestern Development Co.—Secondary
Offering—
secondary offering of 3,400 shares of common stock

The

$14,539,385 $12,723,299 $42,977,983 $37,158,894
2,461,947
1,739,000
7,149,364
4,829,105

860,045

Earnings

A

1953—9 Mos.—1952

37,815

N.

delivering

MCF

covering

the

in

emphasized

demands

new

no

Texas

860,072

available

Oil Field—

oil

new

a

is located

1

northwest

Further

V.

of

the

as

Hargrove

gas

it

inc.

$771,947

shares

1*8,

133,500

$2.05

outsidg.

—V.

miles northwest of Baton Rouge.

35

J.

acres

discovery

He

2134.

Co.—Earnings—

profit

issue

Parish, La.,

280,552

"$2.66
p.

Sylvania Electric Products, Inc.—Definitive Debs.—

reports

terms

companies

by Texas Eastern

summer

43,991,271

Southern Production Co., Inc.—New
company

294,580

177,

1953—3 Mos.—1952

taxes

profits

Definitive

The

$0.42

$576,139

Earnings per com. share

116,-85,006

52,990,742

Paper

Federal

excess

Net

2577,

p.

1,322,139
746,000

$816,315

280,552

"$0.80

requirements.—V.

Preferred dividends paid

505,094,215 506,265,507 472,983,282 430,414,458
118,838,585
44,899,494

$118,984

294,580

dividend

—

for

Common

from

tical

under

From Jan. 1—
Gross

1,183,000

End. Sept. 30—

before

Prov.

1952

Cr21,000

share.

com.

sales

Profit

Co.—Earnings—

November—

1,999,315

53,000

outstdg

Sutherland

2134.

p.

of

months.
a 20-year period with seven
York, New Jerseyr and Phila¬
providing for redelivery to such companies under iden¬

delphia areas,

This

additional

make

to

97,984

preferred

promis¬

Net

Southern Pacific
Gross

shares
per

Transcontinental,

rate

1953—9 Mos.—1952

$4,966,232 $27,266,180 $20,001,895

307,790

$254,790

the

The
applications by Texas
Eastern
Transmission
Corp.
and the
Penn-Jersey subsidiary provide also for increasing peak day sales to
Philadelphia Gas Works, Division of The United Gas Improvement,

taxes.

income

corpora¬

with

Hargrove

taxes

profit

Earns,

Banks—

$15,000,000 of 372%

inc.

this

applications

245.

p,

1953—3 Mos.—1952

$7,690,357

—

for

for

year

maximum

customer

59,200

1881.

Borrow

its

of

24-inch

1952

share—

per

"Alter

notes

sory

Co.—To

per

a

redelivery from Transcontinental

Penn-Jersey Transmission

423,014

capital

before

Prov.

filed

for

Transcontinental has agreements

To

1953

Period End. Sept. 30—
sales

Profit

that

Com.

The

at

cost

taxes——

Federal

Net

coincident with its
it probably will
the company to obtain approximately
$50,000,000
additional securities in 1954, the type of which is
said

gas

winter

ceiving

Co.,

Superior Steel Corp.—Earnings—

financing

Mullendore

subsidiary have

Commission

Project—

that

announced

$2.15

$12,000,381

"Excludes

1946

Mr.

wholly-owned

Power

Dec. 28

on

MCF;

plant

considerable

Hargrove, President,
a

until

1956,

1,

Dec.

Service

Dividends paid

$146,000,000
two-year
construction
program
for
equi/alent- to approximately 38%
of the existing Edison

from

day

per

$1.99

profit

"Number

feet

2479.

p.

2,104,391

Co.—Earnings—

income

for

Earnings

cubic

178,

2,104,391

new

and

The company has done
construction program, and

24,375,000

and then
daily volumes

Co.—Exchange Offer—

Continental Fidelity Investment Co.

Profit

1953.

system

to transport for Equitable up to 9,750,000
day from Dec. 1, 1954, until Dec. 1, 1955; up to
feet
daily lrom Dec. 1,
1955, until Dec.
1, 1956;
per

cubic

Consolidated

Years Ended Aug. 31—
Sales

approxi¬

spent

proposing

gas

time

will

company

*

-

•

is

customer

—

;

.

of

2,104,391

858.

p.

Superior

to

1953,

through

1946

years,

amounted

has

miles

$4,522,075

;

con¬

the

2,104,391

-

authorized

its

all

of

amended application is esti¬
This would cover the construction

in

$4,187,204

paid

178,

proposed

approval of a project Involving a "gas
storage service" for Transcontinental Gas Pipe Line Corp.
•
.
Under the .plan Texas Eastern
will store 12 billion cubic feet ol

of

company's
is

740,000

$7.83

lines.

1953-54

3,781,805

..

capital shares
Earnings per share

hydro generation; distribution lines; structures
transmission and distribution substations and trans¬

equipment;

mission

in

plant

lor

additions

ior

taxes.—.—-2,479,000
!

income

taxes

Sunland

which

program,

eight
be continued in 1954 with expenditures
cording to W. C. Mullendore, President.

facilities

9,043,880

Co.—Continues Expansion

construction

approximately $490,000,000

mately $73,000,000

$19,746,078

6,666,204

,

,

Number

I

company's

$16,836,420

___

taxes

Federal

lor

Dividends

'

2096.

p.

H.

make

'1952

day

units

tp

and

use

.."."1953

for Equitable. Under
however, Tennessee
sales capacity which

gas

application,
design

completion

upon

facilities

1974.—V.

Federal

In

400,000
5,220,138
745,734

$3.07,

.

dividends.—V,

'

The

J,
______

income

profits

Net

Net

Sept. 30—

.

4,670,881

——

before

Provision

10,907,779

and foreign Income taxes

for. Federal

Ended

earnings

Profit

.

$28,089,239 $37,074,099

~.--t

taxes

income

before

Provision

Months

Subs.)—Earnings—

the

Texas Eastern Transmission Corp.—New
R.

tion

Mr.

Gross

Sugar and

Novocain

Ravocaine, a quick-acting, deep, local dental anesthetic of
comparatively short duration introduced in the United States this
year, is now being clinically tested in Australia.—V. 178, p. 1881.

'Nine

1952

1953

other Cook-Waite

solutions.

Subs.)—Earnings-

Years Ended Sept. 30—

1,

natural

Sterling's
at the

by

occupied

anesthetics .produced

and

C.

Cook-Waite's

by

original

feet of

up

.

-

building

Dental

P.

50

In

and

begun manufac¬
a
newly-opened

at

amended

Unallocated

approximately $1,575,000.

19,500,000

was
announced by E. L. Hoskins,
world's largest producer of dental anes¬

Stone & Webster, Inc.-(&
•i

at

about

cubic

it

Hoskins

is

Stearns

plant

new

hearing previously scheduled to open

plant

new

Frederick

has

time

the

increase the
daily design
about 24,400,000 cubic feet

to

system

transport

:

Tennessee

for

proposed

it to

the

available

the

of

Dec.

operations

President.

until March 29 in the

postponed

have

in

of

$9,314,000.

176, p. 2577.

turing

proceedings on the
application of this company, proposing the construction of a natural
gas
transmission system to serve markets in lieorgia and Florida.
The postponement, was requested by tne company.—V. 178, p. 2096.
Jan.

will

.

railway
railway

forth

part

compressor

$227,697

had

to enable

Co.

Gas

10-inch miscellaneous gas supply lateral line in
application, Tennessee also proposed to build new
totaling
approximately
28,000
horsepower
to
be
installed in
existing stations along the route of its main pipeline
system.
The
project as originally proposed was estimated to cost

-

$224,644

$212,439
80,171

set

utilize

Cost

of

1950

1951

products through importation from England.

Federal

it

MONTHS

11

1952

with its proposal

Equitable

originally

with the Federal
to transport natural

application

amended

an

connection,
fo

struction.

progress

Sterling Drug Inc.—Unit Opens New Plant—

•

The

its

the

would be the best In the railroad's

NOVEMBER

income

Cook-Waite

Georgia Natural Gas Co.—Hearing Postponed—

South

continues

that

1953

year

filed

in

account

day

per

plan

on

1881.

p.

FOR

railway

from

Net

Of¬

corporate

178,

stated

the

from

plant
will

for

1953

oper.

From

suoscription agreements for 2,000 shares of
at par ($50 per share).
They were sold
without the benefit of a selling group.
proceeds

gas

would

be

,

further

railway.—

Net

stock

net

of

Texas.

Dec. 3 offered

PROCEEDS—The

will

stock

the

of

the

delivery capacity of its pipeline

mated

Net

common

tne

results

EARNINGS

Gross

Skyway Broadcasting Co., Asheville, N. C.—Stock
fered — McCarley & Co., Inc., of Asheville, N. C.,

for

Tennessee

,<

record on Dec. 31,

applied toward the con¬
line's improvement and modernization program.
sale

company' has

Power Commission
gas

the

the

November—

603.

p.

This

.

history.-

Denver,
Colo.,
has been
to assist in the general

oi

of

that

and

share for each six shares owned of

one

Rummel

Mr,

■f

Co.,

major

serves.

basis of

IS*
•Proceeds"from

with the added refining capacity, has now become
source
of reiined oil products in the area in which it
Harshfield said.
He also announced that Virgil M. Yost,

Oil

the

now been in¬
z.oOO oarrels

has
uay;

per

Newcastle; 500 barrels at the Chadron, Neb.
capacity of the new acquisition, Mr.
with the long term crude oil purchase
which he holds, there will be no problem as to the supply
oib4cr process in the various plants now within Sioux's lold.

contracts

Sioux

oil

cruae

Tennessee Gas Transmission Co.—New Construction—

Rummel,

Rummel stated that, subject to the approval of the Commission,
offering price will be $15 per share and the offering will be made

Mr.

a

2,000 barrels rated
said. He added that

Harshfield

oi

of

capacity

refining

barrels

5,000

plant

present

and

piant

Sioux's

acquisition,

this

With
creased

C.

is

the relinery.

jo commence its operation of

F.

President, on Dec. 29 announced that the company
filing an application with the Interstate Commerce Commission for
permission to offer 28,464 additional shares of stock to its stockholders.

announced that this company
has
required
the
Cooperative Relinery
Association's reiineiy
at-;
•Newcastle, Wyo.
The purchase price was not disclosed, but the sale
included all the property at
the Newcastle reiinery, including plant,
machinery, equipment, inventory and supplies on hand as ol Feb. 1>
C.

Monday, January 4, 1954

...

177,
on

p.

1094.

page

43)

\

Number 5287

Volume 179

...

(11)

The Commercial and Financial Chronicle

Stock Record «» New York Stock Exchange
WEEKLY VOLUME OF TRADING

DAILY RANGE OF PRICES

FOR EVERY LISTED ISSUE

YEARLY RANGE OF SALE PRICES

Low ex t

Highest
64% Jan

6

89% Sep 22

10

99

Jan 24

125

Jun

47% Jan
112

25

2

5% Nov

6

24% Nov

26

30% Jan

24

"30% Sep

16

35% Jan

30

isa% Sep

42% Jan

5

23% Dec

29

Jan

4%

Laboratories

i

100
1

ABC

6

Acme

35% Jan

2

Adams

22

22% Oct

8

29% Jan

Oct

15

114% Jan

5

Aug 28

20
27 Vs

27 %

23%

23%

23%

24

Corp__10

*53%

54%

54%

58

57

57

57

1

19%

19%

19%

19%

19%

18%

2

19%

Corn

—

Gas

„

Equipment com

preferred

18 % Oct

29

Jan

4

11

3% Apr

14

1

Sep

15

21 % Dec

31

Aldens

May

9
23

70

Aug 10

Feb

27

5% Dec

3

-

Sep

Mar 11

74

4%%

5% Mar 25

14

Inc

preferred
Corp

common

31% Oct

130

9

81

Aug 24

15

39

Jan

6

1

104

Feb

4

14.375 cum preferred

18

98

46% Jan

16

21

91

98

Nov

10

110

Jan

17

85

Jan

87% Sep

$4

preferred A
preferred

8

Allen

Industries

78% Aug 11

Allied

Chemical

21% Jan

Aug 28

17

Dec

29

22

Mar

Allied

Kid

24% Oct 28

33

Jan

8

36

Apr

90

Jan

8

94

i Nov

4

s
*

Allis-Chahners

"

40% Dec

July 17

17

"88% Sep 21

15

Oct

1

95

May

v

87 r

Sep 22

.

25

61% Dec 23

17

23

40

Dec

;

14

59% Jan

2

Oct

8

118% Jan

Oct" 16

14

3%%

52% May 25

54%

10

21

54% Jan

20

Aluminium

1% Dec

29

3% Mar 24

35

Jan

2

30% Dec

24

36% Mar 24

18% Jan

11

16 % Jun

29

19% Mar 18

141% Jan

9

Apr

9

148% Oct

14

3% Jan

X235

3

.

189% Jan

2

55% Nov,

2

30

75% Jan

6

2

7 11% Dec

31

15% Jan

8

Jan

2

70% Dec

29

84% Feb

4

15

29% July

93% Aug 20
50

25

61% Feb

19

18

15% Aug

7

53% Aug

7

Dec

19

36% Oct

30

Oct

17

102

6

29

Nov

2

Feb

26

21

40% Jan

27

91

Apr 22

17

103% Feb

20

Sep

47

12% Sep

11

Feb

11

15

4% Dec

6

29

Jan

3% Sep

7

•

15% Mar 20
6% M«y

15

28% May 16

36% Dec

12

31% Feb

5

45 % Nov

12

40 % Apr

42% Jun

27

30% Sep

14

Oct

31

5%

1

Nov

27

37%

37%

37

Inc

49% May 25

in

7%

Can

Co

7%

26

72

Dec

29

85 VB Mar 18

32% Feb
50% Jun

8

26

Sep

14

34 % Jan

26

American

Chain

&

6

44% Apr

51

18

American

Chicle

23% Dec

17

American

21

Sep

3

25 % May

27

American

Crystal

90

May

6

96% Mar

4

9

5574 Jan

10

Feb

lo

Jan

55

Gas

Jan

9

67

Aug

3

American

Hawaiian

5% Mar 25

American

48

11

5% Jan

45% Jan

Export
&

3% Oct

21

2% Dec

29

30% Sep

3

45

14

26 % Dec

24

39% May 27

*35% Oct

8

39% July 23

36% Jun

15

48

5% Apr

9

6% Jan

23

8

Aug
Dec

8
19

Feb

14

96

20% Feb

26

23% Jun

30

19% Jan

4

Dec

86

3

73

25

Jan

y* Dec 29

874 Dec

31

Nov

2274 Jan

21% Sep

15
16

Jun

25

104% Dec

16% Sep
99

15

25% Mar 18

4

6%

12% Dec

23

1874 Mar 26

9

83% Dec

31

100% Mar 17

Tfy

2

19 Va

18

24% Mar 16

Amer

78% Feb

11

84

13% Apr

24

Apr 24
18% Dec 31

*22% May 16

30% July 23

97

Jan

3

13

Jan

2

7
29

Dec

Oct

19

31

31% July 30

Sep

86 % Dec

No par

Co

1

50
1
No par

American

2

1

Co

49% Dec

3

41% Dec

15

65% Jan

30

American

Jan

29

25% Sep

14

44

165% Sep

2

Jun

25

Feb

11

54% May 19
3
129% Jan
3

119% Jan

24

111 % Dec

13

9% Dec

15
7

57

Sep

11

94% Dec

59

Sep

11

Dec

17

38

Oct

40% May
24

15

2

May 12

13

11% Sep

14

21% Jan

5

Jan

30

68

Sep

21

97

Jan

6

55% Jan 24

29

Dec

29

45% Feb

26

43% Sep

15

57

Jan

30

48% Dec

31

31% Jan

2

25% Aug 27
25

94

Jun

Nov 25

Jan

15
15

53% Jan

10

32

1

50% Dec

19

40% Sep

15

11% Nov 21

24% Jan

24

Dec

29

6% Jan

3

38% May

44

43%

43%

28%

28%

27%

28%

100

145

145%

144%

7%

4% May

48% Dec
For

5
10

60

July

7

footnotes see page 22.




preferred

37%

*37%

noncumulative preferred—100
American Steel Foundries
No par

118%

118%

*117%

26%

27

26%

Co

common

6%

American

7%

7%

Tel

&

8

Tobacco

119

26%

26%

26%

26%

Corp

44%

44%

44%

44 %

44%

50%

50%

50%

50%

50%

50%

121%

122 %

121%

122%

121%

121%

common

13%

100
29
100

com

preferred
Woolen

44%

50 %

155%
59%
129

36%
113

13%

14

156%

155%

60%

59%
127

130

35%

36%

113%

113%

9

10%

15%

60 %

129
36

113%

100

5,100

175%

74%

74%

74%

78

2,240

72%

78%

80

85

87

5,320

■74%

81

No par

46%

46%

45%

28%

28%

*98% 100
33 %
34
43%
44
*8%
8%

*98%

100

Anderson-Prichard

Andeis Copper
P

Oil

7

A

14

52

Jan

9

Archer-Daniels-Midland

W

Corp

Mining

Jan

Products

Co

12%
*72%

Inc

10

14

28%

12

12%

13

12%

13

73%

73

73%

74

74

29%

29%

29

29%

46

45 %

45%

45%

29

29

29%

29%

Corp—
6.25

460

24,200

29%

No par
21.80

900

27,800

15%

29

preferred
Anderson Clayton & Co

113%
10%

30

94

36%

10%

29%

Cable

130 Va

32,000

14%

50

&

35%

29,300

10%

13%

Wire

128

113%

Vs

61%

15%

74

Hocking Glass

36%
113

60%

10%

13

Anaconda

113/

128 %

2,700

14

156

15

73%

conv

89

35%

122%

13%

690

10%

25

preferred—
Anaconda Copper Mining
prior

9
5

83%

128

607/s

122%

155%

800
700

15%

78%

5

6
15% Feb 26

x76

59%

137/s
56

8,700

10%

15%

preferred

13%
155%

370

350

14%

10%

No par

13%
156

2,800
23,000

130

45

25

common

Viscose

5

Sep

*118

267/s

50%

9

prefei red

2% Nov 24
30

117%

44%

100

Co

5,800

70O

38

117%

118%

(4 conv prior preference
No par
Amer Zinc Lead & Smelt com
1
$5

145%

100

Tel

Tobacco

Sumatra

5%

144%
38

38

1

preferred

American
American

6%

145

38%

38

100

Co

Stores

American Sugar Refining com

31% Dec
Jan

145

145

37%

Snuff

106% Mar
45

28'/a

28%

25

American

Common

57% May

2,000

24,200

169

28%

Anchor

106% May 21

*165

*165

43%

"

26% Feb
109

40% Oct

102

•

169

169

2,900

43%

17

7

4,900

43%

American Water Works Co Inc

22

6,000

21

44%

American

Feb

40%

44

28%

2,700

41%

40%

Ship Building Co—No par
Amer Smelt & Refg com
No par

2

82

*165

169

3,200

7%

40%

6%

2

95% Jan

15 Vs

40%

23%

7

19

101

7%

6%

Jan

18

*165

6,900

7%

23%

107/8 Feb

22

14%

250/

7%

6%

27% Jan

119

*99%

15

800

4.100./

7%

23%

10

Co

9

4

64% Nov

16

100
5

Razor

10

22% Oct

23

common—5

Sany

Jun

9

81% Nov

89% Oct

Std

13% Sep

37% Jan

99%

15

600

30,300

140

6%

American

7% Jun

41%

40%

99%

19%

23 Vs

American

116% Jan

15

7%

1,100

200

18

6%

5

60% Jan

101

14%

7%

19%

23 %

77% Aug
3
143% Oct 27

24
22

*99%

15%

101

*17%

19%

6%

23

35 Vs Oct

18

19

22%

59% Dec
128% Dec

85%

*17%

19 %

6%

66% Dec 16
139% Nov 21
21

7%

*84%

18 Vs

23%

10

5

15

85%

18
19

6%

152% Jun

69% Jan

16% Oct

&

preferred

1

16

Dec

Rad

161% Jan

161% Dec

12%

85%
•

5,500
.

104

12%

23%

19

150% Jun

57

Amer Potash

5

16% July 30

*101%

12%

13%

24
38% May 19

134

104

13%

29

24
14

*101%

*101%

104

35

Seating

Apr

104

23

*101%

13%

Safety

12

23%

34%

American

120% Sep

23%

13%

American

1

23%

35

23

11

23%

13%

30

16% Jan

23

34%

8% Jun

135% July

23

97

13%

24% Nov

18

17%

3(2 %

171% Feb

16

17

34%

6

Mar 14

17%

13%

2

10% Oct

17

34%

11

50% Dec

17%

93

3^400

,.10

93

17%

13%

Jan

127

8%

93

17%

34%

Jun

1$

8%

93

34%

6

May

8%

*91

31%

148

58

8%

300

29%

*17%

*91

*9834

100

*98%

45%

30%

5,700
120

77,100
290

2,000

100

33 %

33%

33%

34

34%

3,500

33%

43%

43

43

43 Vs

43%

3,900

42%
'8

9

*3%

3%

3%

No par

32%

33%

32 %

8 Vs

3%

33 %

*8

3%
32%

8 Vs

8

8Vs

3%

3%

3%

33

32%

,

7,200

48'A

48

No par

Co

12

47% Nov 24

*23%

48 %

&. Cliem cl B—No par

Optical

8
17

2

27%

48%

33

7% Jan

15

27%

48%

32%

24% Jun

21

26%

48

8%

26,900
1,100

32%

175% Aug

Sep

26%

48%

93

DAY

9,800

21%

7

Feb

26%

8%

15,666

2%

31%

23

49

2%

x20%

Aug

38

2%

21%

Feb

6

2%

2%

31%

6

29

60%

2%

21%

165

60% Mar

60%

2%

31%

15% Feb

40% Aug 18

60%

*91

NEW YEAR'S

61

22

21

9

*60%

61

900

CLOSED

35

60%

8%

8%

34%

34

21%

12% Sep

16

8%

13%

No par

Co

Co

1

Apr

12%

2,000

EXCHANGE

27

20%

16% Apr

•34

8%

8%

31%
8'/a

8

40%

16

30% Oct

13%

13

31%

*26%

No par

Gas

13% Oct

Mar 20

47%

8%

*99%

Products Co

36% Jan

36

2%
*26

31%
27

100

com

preferred

5

25% Sep

13%

*25%

19%

10

36% Jan

13

13%

27

18%

News

2

13

*25%

27

85%

American

Feb

*25%

19%

Mar 27

127

8%

*18%

37

18

31%

8%

x85%

Ltd

31

30

31%

8%

No par

Metals

&

Co

20% Dec

35% Dec

31%

8%

No par

preferred

Metal

17

117% Dec

135

*128

31%

8%

20

STOCK

135

*128

86%

Natural

9

135

31%

200

16,400

47%

47

22%

American

20

47%

83%

15

Jun

91

46%

85%

Dec

39% Feb

91

46%

22%

28% Sep

131

*125

135

*91

92

700

22

92

83%

29 % Jan

11

45%

47

22%

22%

12

36% Dec

*128

*91

92

22%
*21%

84

23

122% Oct 29

46%

2,700

22%

42

40% Aug 10

*91

2.100

49%

84

18

159% Jan

22

27%

12%

31% Jun

136

22%

22

1,200

26%

22%

39% Sep

19

22

22%
*21%

6,000

49%

85%

36% Jun

Feb

22%
22

22

-

22 %

19

148

49%

85

11

6

27%

48

%

12%

14

Jan

27%

48

72

74

22%

22

53

27%

73

86%

28

Oct

73%

12%

33% Oct

19

72%

22%

28% Dec

42% Apr

72%

86%

Sep

7%

72

72%

*.

7
100

Molasses

6

32

1

Melul

16% July

44 Vs

31%

22%

Fdry common

4%%

Amer

44 Vs

32

100

&

American

4

44%

31%

preferred

American

30

44 Vs

31%

Macli

9

39% Mar 24

44%

31%

22

1

300

*44%

32%

22%

10

4,400

44%

31%

12%

2

Jan

20,700

*44%

27%

preferred

18% Feb

36

39

47

Leather com

105% Feb

35% Dec

14%

28

Products

15

7% Jun

14%

60%

23

7

14%

10

13% Sep

4

14%

8%

94% Jun

Jan

14%

33%

May 15

8

14%

700

96%

14%

96

96

96%

2,500

12%'

Amer Machine

Amer

35%
97

8%

17% Dec 31

105

2

27

35

96%

97

1,300

noncuniulutive preferred—100

3.90%

31

19% Feb

35 %

33%

12

26% Feb

37%

35

8%

16
t

37%

35%

33%

SS

300

37%

34%

35%

8%

15% Sep
18% Jun

8

96%

36%

*36 %

38

33%

79% Jan

:

32,600

12,700

1

21% July 31

110

8%
37

4%

100

Sep
24% Dec

102

56%

8%

39%

Investment Co of 111

24

56%

9

16%

prior preferred
American Locomotive common

24

56%

8%

48%

5 % %

Jun

Feb~~i9

96

56%

8%

8%

&

Home

American

55%

8%

2,900

39%

American International Corp.No par

16% Apr

17%

,

55 %

8%

33%

American Ice Co common

6

94

9

56%

Lines Inc
40c
Power—No par
Electric Co
0

&

Hide

17%

99%

39%- 1

Foreign

convertible

6%

American

16%

39

17% Feb

American

16%

39%

20

American

16%

38%

31% Jan

American

98 %

16%

100

38%

14

4

-

10

98%

15%

*98

14%

Oct

May 25
Dec 31

*

4%

674 Jun

11

1,000
'

15%

100

27%

Encaustic Tiling

35

2,000

,

16'A

American

2

*98

•V

*13%

5

18

27%:

4'/4

7

19

43,300

11%.;
71%-

27%

>-

16%

8% Jan

Feb

11%
71

27%

:

15V4

39% Jan

8

11%

71%

27%

:

4%

10

12% Nov

11%
71

27%

16 %

15
30

27% jun

11%

71%

*14'/a

28% Sep

18% Aug 14
12% Mar 7

1,000

11%
*27

27%

3,500
-

4%

117 % Jun

7

300

57

70%

11%
72

48%

com

Secur

56 %

59

,

16%

31

European

,

r

14%

10

Sugar

*56

.

19%

4%

22

13

58%

*

165

4%

22

7% Nov

*56

*18%

164%

4%

Dec

16% Mar

58

165

166 %

34

19%

1

prior

American

164%

168

.3,800

165 %

19%

18%

*

8,400

1%

*28%

34

*28 %

34

48%

1%

*16%

54% Jan

26

18%

47%
"

*14.

170% Jan

33% Aug 11

1%

16%

41% Jun

3

47%

1%

15

9

•

47%

1%

5,400
>

*

16%

59% Jun

29% Jan

48%

1%

*28%

14%

50% Aug 25

8

47 %

19

*14%

preferred
..100
American Cyanamid Co com
10
3%% conv preferred series B_100
American Distilling Co
20

9

5S%

34

35 %

15

Jan

1%

*37

50

96% Jan

6

48%

<58%

1,500

43%

59

'

44

8%

15

6

*700

43%

59

A 200

*55%

50
2

Apr

Jan

91 %

44

58%

No par

Colorlype Co

6

151

91

43%

v,

15%

26

May 9
33% Oct 30

91%

91

43%
57%

*98

19% Feb 25

143

91%

90%

44
59

11%

13

6

91

No par

Cable

24
16% Jan
2

4%%

13,200

27

14% May 21
89

45%-

71%

20% Feb

Mar

90%'

44%

" f

12.50

Corp

Co

Dec

*89%

45%

57%

100

83% Jun

2

90

44%

1

preferred

23
24

37%

90

45%

167 %

Fdry common—25

42% Jan

3,200

37%

36%

90%

*18%

25

73% Apr

37

37%

1

common

common

27% Oct

1,400
2,100

25%

44%

*28%

100

preferred-

American Car &

17 Va

*89%

1%

No par

Radio

&

17

1 25'/a

45%

48%

20

Cable

5,100

90

58%

10

common

1,000
a

74%

44%
43%

1

1952 ser 5%%

10

-

8%

73

91

20

common

600

90

.100

prefei red

American

9

93

8%

8%
74%

73

17%

No par

Corp

interest

of

93

*79

26

convertible preferred
Broadcasting-Paramount

Ctfs

96

8%

8%
73

17

Note common

Bosch

American

45 % Nov

^

22

40

9

43% Aug

12

16% Jun

Bank

Theatres

15% Mar 19

15

13% Sep

96

25 %

Sugar

preferred

4%

11,500

17%

Amer Brake Shoe Co coin

Amer

*92

60

28 Vs

96

25%

100

2nd

96

80%

96

17

preferred

200

98

25%

com—No par

6%

96

17%

Co

American

%

10

29,100

DAY

148 %

-

*92 %

96

26

Leather Co com
1
preferred
50
Co (The)—1
Amerada Petroleum Corp
No par
Amer Agricultural Chemical—No par
American Airlines common
1
3%% conv preferred
100

American

2

Jan

12% Jan

2,300

3 %

*145

17%

f%% cum conv pfd

34% Sep

35

41% Mar 13
107

59

6% Aug 31

11,900

CLOSED

NEW YEAR'S

72%

*95

99

*92%

No par

Bakeries

EXCHANGE

2 Vs

21 Vs

27%

27%

25%

preferred

200

28 Vs

27%

8%

20

3 Vs

80 %

*79

79%

27 %

72%

15,100

"

9,500

158

*72

147

147

148

79%

28%

8%

Limited

American

3%

*96

-

17

20% Feb

12

Jun

i-

8

Dec

99

5

14% Nov

20% Dec 31

5

Nov

10% Dec
43

t

Dec

•

90

26 % Sep

16% May

.

3

80

73%

America

of

Amalgamated

5

148

72%

3%

3%

*72

28 Va

convertible

6%

72%

,

STOCK

20%

20%

:

23%

2

20%

*72

150

*155%

2

2

*20%

'

106

106

158

*155%

,

2

80

Amalgamated

16% Jan

74

20

Apr 29

65

3%

2

20%

*8%

Mfg common

Ahir^lnum Co

41% Apr

Sep~19

Dec

24

73

3%
*146%

24%
105 %

0

convertible

62

15

23

<60% Feb

71%

,

2%

23%

No par

23

Nov

<12% May

71%

Allied Stores Corp common—No par
4%preferred
100

2

Sep

86

49% Dec 30

123

1
21

2% Oct

158

•

41% Oct

15% Sep

33

>155%

20%

73%

Co

42% Apr
47%

158

20 V2

1

Dye

Allied Mills

,

*155%

No par

Inc
&

105 %

100

Alpha Portland Cement

8

Mar 27

36

21

gtd

Allegheny & West Ry 6%

3

6

23%
>104%

;

51

*50%

,

23%

24%

104%

2

,51

105%

24

23%

No par

2

8% Oct

800
800

13,600

7%

7%

7%

7%

*50%

*104%

100
No par
1

coriv

prior

10% Mar

23

95% May

5%%

Alleghany Ludlum Steel Corp

76% Jan

25

Dec

36% Feb

5

15

Nov

10

46% Apr

Sep

Jan

Sep

98

32% Feb

152

15

62

2

8
Apr 30
67% May 7
18

_

Oct

25% Sep

158% Dec 23

5

Sep

78

79% May

7%
50%

100
10

common

Alleghany

7%

100
1

3

Sep

19 Vs

50%

8

50%

,

5

Jun

2

i-

160

7%
*50%

100

4.50%

150

76

24

1

common__No par

Inc

*56

2,600
'

-

'

50

w

w

6

3% Mar

4,400

20%

27%

23%

pfd 1951 series
Alabama & Vicksburg Ry
Alaska Juneau Gold Mining

155

17

2% Apr

20%

27%

23% July

Jan

2% Jan

70

20'/a

27%

Reduction

Air

8

101

.

20%

Affiliated

11

8,600

5%

23%

6

29% Dec

300

5%

27%

3

115% Dec

5%

20 V8

14

2

9%

5%

24

J-ta Sep

1

9%

5%

27%

49% Sep

May

9%

5%

20%

7

106% May

*9%

5%

3,100

27%

May 21

$3

9%

5%

10

9%

20%

Admiral

Nov ,10

2,700

45%
108

106

*23%

Addressograph-MulLigraph

10% Mar

*

1

6

52

45

45%
107%

*9%

10

25

9% Jan
51

45

*106

No par

27

22

45

Shares

Jan. 1

Dec. 31

Co

36% Feb

48

>105

the Week

Friday

Thursday

Corp

Co

Express

59% Jan

9

139

Steel

107%

Sales for

PRICES

Dec. 30

107

44%

45%

44%

SALE

HIGH

Wednesday

Dec. 29

106

2.50

32% Jan

24

24

Co

Motors

16

Sep

32% Oct

18

26% Jan

)4

ACF-Brlll

31

64

Jan

31

Dec

3

Jun

19

7% July 17

23

18% Dec

20

48

6% Jan

Adams-Millis

Dec

24% Jan

10% July

15

20

33% Oct
56

14

3% Sep

2

AND

Tuesday

Dec. 28

Par

preferred
Vending Corp

Abbott

5

29

8% Sep

8% May

Monday

STOCK

YORK

EXCHANGE

Hignest

Oct

108

NEW

Range for Year 1953

Year 1952

41% Oct

LOW

STOCKS

Ksnfe for Previous
Lowest

33

600

1,200
5,000

11

/"

12

(12)

The Commercial and Financial Chronicle.
Monday, January 4, 1954
~

4.

NEW YORK STOCK RECORD
Range for Previous
Range for Year 1953

Year 1952
Lowest

Lowest

Highest

NEW

Highest

16

YORK

LOW

STOCK

Monday

EXCHANGE

15% Oct

7

27"% Jan

22

23% Mar 27

42% Dec

31

14

43% Jan

Armco Steel Corp

5

8% Sep

15

12% Mar 26

12% Mar

22

77% Oct 22

96

77
Sep
48% Feb

15

89% Sep
102% Sep

24

Mar 13

46% Nov

10

57

Jan

28

92% Jan

3

99

Apr

1

107% Nov

3

116% Jan

22

16% Jan

22

93

5

Mar 25

59% Dec

7

21

117% Dec

23

16% May 28

-19 % Jan

$6

29

Jan

2

9

97

conv

$3.75

$4

29

Aug 18

20

Feb

28

101

Dec

16

91

Jan

2

98

Jan

18% Sep

23

22 % July 25

15

25% Sep
73% Feb

27

51% Jan
21% Jan

4

7

2

25

32

Sep 14

103

86

15

Jan

13

50% Jun

23

57% Jan

1

25% Feb

18

30% Nov 30

Aug 26
75% Jan
9

6
97% Nov
123% Dec 23

83% Dec

29

119% Jan

96% Feb

28

110

49

Nov

19

114

31

Sep

15

25% Sep

14

*93% Jan

2

94

26% May

1

88 % July

22

Dec

36% May

8

8

Jun

24

89% July

26

28% Jun

31% Sep

30

44 % Jan

30

31% Apr

102% Oct

2

117% Jan

30

94% July 16

24% Feb

4

5% Oct

16

14% May

31

17

42% Jun

26

3

16% Dec

23

7% Dec

4% Dec

26

26 %

500

11%

11%

34,700

22%

22%

22%

22%

22%

22 %

22%

22%

5,700

18%

4%

4%

9
18

8% Feb

26

29

52% Feb

26

36% Dec

16% Mar 13

17

17% Mar

18 %

118%

17%

17

118%

410

17

5%

200

0%

5,400

18%

18%

18'A

18%

18%

95%

95%

*94%

96%

*94%

9b

98

*95%

98

*95%

98

98

*95%

31%

*31'A

31%

31%

31%

31

5,200
STOCK

j

31%

*

120

EXCHANGE

CLOSED

1,300

94%

94%

92%

94

93%

94%\

94

95

NEW YEAR'S

2,900

X54%

55%

54 %

55

55

55

DAY

2,800

30 %

30

54%
30%

54%

30%

30

30 %

30%

30%

100

91%

91%

*91

91%

91%

91%

91%

91%

85

86

.

85

84%

84%

83%

85

*56%

58%

*56%

27%

28%

27%

28%

95 %

*95%

95%

490

29 %

3,200

prior

83 %

58%

*56%

58%

27%

28 %

27 %

28%

100

95

95%

95

95%

5

series

B

29

29

29

29

x95
29

20

34%

100

104%

16%

16%

16%

16%

*16%

No par

common

4%

4%

4%

47'a

4%

($1.20)

pref

Co

No par

of

Ainer

*15

35%

34%

1C6

15%

34%

34%

106

*104%

*15

}5%

15%

15%

4%

4%

36%

37%

36%

17,300

'

34%

104'A

104

17%

16%

5

34%

2,600

104

180

16%

400

5 %

3,900

5

15

*14%

15%

15%

15%

16%

1,400

4%

4%

4 %

4%

68,500

36%

36%

No par

190

58%

15%

4%

prelerred

1,700
6,000

15

15%

4%

29

34%

104

15 %

5

(The) common—1_3

N

29

No par

Canteen

conv

»

*56%

__10

common

Corp

Mfg Corp

$2.25

96%

,*31%

Line< RR—t-w-No par
W I SS Lines
1

Nichols

Conv

119

*16%

10

Co-

(voting!

Tack

Avco

119

17%

5%

18%

94%
*96

Coast

Automatic

6

119

*/16%

50

Electric

convertible pfd series A

Austin

118%

17

50

City

Common

9

4% Dec

1

Atlas Corp
Alias Powder—

Atlas

118%

Corp—

preferred

preferred

7

15

Dec

1st

2

13% Jan

20

5%

22

3

1.400

Q4.

11%

Jan

3

Nov

15% Jan

1,300

59%

26%

Atlantic G &

7% Mar

86%

59%

5%

Atlantic Refining
Preferred $3.75

Jan

86%
CQQ

11%

2

27

15
28

86%

*26%

Atlantic

36% Mar 27
108% Mar 18

24

93%

85%

5%

Preferred

2

8% Nov 21
50% Nov 14

17

5

12% Apr
6% Jun

3

Mar

59 %

*92%

11%

3

99

59%

93%

26%

Inc

Refining Co

30% Feb

16

59 » «

18,900

11%

&

33% Jan

1

30% Jan

100%

85

59 3a

33,900

26

Atlantic

97% Mar 25
Mar

85

*92%

%

3,600

12% ,4 33%
8%
9%

9

5%

Oil

Common

13

Dec

86

17

100
2nd preferred
_100
Associates Investment Co_
10
Atchison Topeka & Santa Fe—

5

Jun

93

6%

Mar 25

58

59

93

8%

11%

Industries

5.25%

99% Apr 22

27

59

preferred

Corp
Carpet Co Inc

Dry Goods
Common *.
J

22

104% Dec

86

No par

Constable

Ashland

22% Mar 11
Jan

87a

2nd preferred $1.50- series—No par

6

Mar 27

100

3

89% Sep
92% July

33%

8%

No par

Associated

18% Feb
91

33

9%

25%

Arvln

Arnold

18,%-Mar 25
29

33%

8%

Shares

18

11%

32% Jan

14

32%

5

IS

25%

31

15

17%

1

Artloom

14

17%

2.50

10% Mar 26

Dec

17%

5%

30

22

17%

*117%

5% Dec

25% Sep
11% Sep

17%
33%

the Week

Friday
Jan. J

No par
5

19

23% Mar 25

Dec. 31

17%

No par

com

Sales for

Thursday

33%

com

prior preferred

PRICES

Dec. 30

No par

31

31

Illinois

of

convertible

SALE

Wednesday

5

preferred

Dec

22

Co

HIGH

Dec. 21)

10

;

Armstrong Cork Co

32% Dec

24,
25% May-6
27% Dec

&

9% Dec

19

7% Oct

16% Oct

Armour

AND

Tuesday

Dec. 28

Par

Argo Oil Corp

1

Sep
30% Sep

14

35% May
8% Oct

Continued—Page 2

STOCKS

37%

36%

37%

2,100

•

100

C

5% Dec

22

9% Jan

31% Oct

16

39% Dec

10

8% Oct

6

11% Jan

22

17% Feb

20

29% Dec

23

36% Feb
18

4

30

Ve Dec

35% Jan
8

22

Jan

16

Babbitt

1

4%

4%

45% Dec

21

Babcock & Wilcox Co (The)-Nopar
Baldwin-Lima-lIaniillon Corp
J3

42%
8%

42%

42%

43%

8%

8%

Baltimore

8%

8%

19%

19%

18%

19%

18%

19%

100

39%

40

39

39%

39%

39%

50

*16%

16%

16

16'A

16

16

16

%

*68

16%

7

14

Sep

14

11% Mar 26

18% Dec

29

30% Mar 19

20

49% Nov 13

39

Dec

29

48% Mar 25

Apr

23

23% Jun

26

•') 9

Dec

29

22% Mar 17

65% Jan

11

73

Nov 24

67

Jun

9

76 % Mar 17

Oct

16

54% Dec

10

38

Sep

14

59% Apr

19% Jan

10

ii'/o

Dec

29

17% Mar 12

Jan

23

37% Sop

15

39% Feb

20% May 23
9% Feb 21

24% Dec

22

18% Sep

18

25% Mar 19

Bath

11% Dec

5

11% Feb

27

Bayuk

33% Apr
94% Apr

16

40

Dec

22

9% Sep 14
34% May 20

42% Dec

4

16

107

Dec

31

93

112% Dec

7

16% Oct

22

22% Jan

4

78% Feb

14

87

Sep

30

42

15% Dec
36

12

22

7

May

41

Jun

5

90% July 28
<14% Dec 28
•78

Dec

4%

5%

preferred

18

common

preferred

100

preferred

Iron

Corp

conv

9

4%%

9

Beaunit

8

Beck

]()

Slice

prior

S)

4%%

17

16

7

9

16% Mar 20

Beech

33% Jun

17

31

May 19

33% Jan

Beech

Creek

31% Jan

14

27

Feb

5

30% May 26
14

10% May 16
14% Apr 28
18% Oct 27
*91% Feb

13

19

Jan

20%

20%

1,400

9%

12.50

*40%

41%

9%

9%

40%

2,300

40%

40%

600

100

1% Mar

17

% Dec

1

14%

15

14%

14%

*78%

80

78%

78%

46% May

1,900
10

112

7

Dec

30

5

37% Jan

31

44% Sep

15

Cum

135V4 Jun

19

146% Dec

7

9% Dec

31

20

57% Jan

146% Aug 26

Corp

pfd $3.25

16

&

Best

of

ser

15% Oct 20

18% Nov 28

22% Mar 17

22% Dec

15% Sep
12% Sep

14

15% Mar 15

15

21% Jan

Bliss

5

(E

W)

1

18% Apr 14
22% Oct 27

23

19% Sep

15

25% Nov 18

22% Sep

15

28% Dec

17

Blockson

31% May 16

41 % Dec

23

50% Dec

21

17

361/z July 13
16% Sep 15

Boeing Airplane

21% Jan

29% Mar 18

30

2

11% Jan

25

6% Oct

15

12% Nov

6

16% July
11% Mar

9% May 17
49% Jan
3

23% Mar

2

Bliss

15

3

&

Bon

Laughlin

6%-Dec

14

15

14% Aug 13

Bond

Jan

13

12

Book-of-the-Month

52% Jan

14

61% Dec

54% Aug 28

9

82

Dec

15

8

95 % Apr

23

64% Sep 15

86% Jun

48% NOV

86

15**

3

3%%

11

14% Feb

33

21

26% Dec

31

25

Sep

21

33

5% Dec

31

11% Jan

Dec

1

.

14% Jan

25

nr

22% Dec

2

2

9% Nov 17
15% Apr

5% Dec

47% Feb

39% Nov 13

21

35

Jan

18

38% Dec

30% Apr

24

37

*23% Nov 10

19% Sep

12

31

15

Sep 22
3344 Sep 21

35% Feb

4

9

103% Jun

4

27% Jun

5

22% Jun

15

54% May 29

45% Jun

9

12% Feb

11% Sep 25
59% July 14

95

*50

Jan

Jan

3

11% Oct 31

17% Sep 21
.May 28

14

51% Jun

20

63% Dec

17

Oct

23

20% May 26

22% Oct

16

27% July 24

3

13% Nov

81% May 29
50

Aug

4

46

16% Dec

16

20

Dec

I

15
7

15% Dec

12

36% May
14% Nov

40% Feb

14

7

19% Jan

3

84% Jan

8

92% Apr

7

14
Apr 18

Jan

25

16

Dec

22

18% Jan ^7

12

Jan

2

14% Dec 31

76

118

Apr 26

33

84

129

July

Dec

16

35

Jan

9

4

14
19% Nov 12

24% May 16

26

11% Sep 30
79

Aug 28

5% Sep
16% Dec

146
40

: Dec

■86

3

29

27% "Mar 20

4

102%;"Oct 30

109V2 Mar 10

4

1614 Sep 15

24% Mar 12

29

Jan

&

Stratton

common

cum conv

9% Oct 15

16% Oct

9

Sep
86%.Oct

15

14

Sep

5

46% Jan

22

Jan

11

Jan

40% Mar 31
56

Apr

3

7

13% Mar
102

3

Jan

30

54 V2'Nov

27

17%"Apr 24

22

Dec

24

21

34

Jan

5

Dec

29

&

Shoe Co

2,100

94

75%

92%

92%

*92%

94

49%

49%

49%

49%

50

6%

6%

6 %

6%

6

4%

*93%
50

36 %

*37%

19%

18%

24

36%

38'A

36

38%

23%

*37%

3,000

95

30

50

1,800

19

19%

19%

94

94

26%

26%

*53%

54%

x52%

~

52 %

*523A

12%
13%

12
62

*61

13%

13%

21%

21%
74

531/4

58%

58

58

x25 '/a

25%

25%

25%

37%

37%

37%

37%

*37%

1

10 %

10%

10%

10%

10%

82

pfd

preferred

xli%

11%

10o

*117%

50

*38%

15
100

participating preferred

Byron Jackson Co

Packing Corp

83

15%

—1

5
No par

10o
10

_g

73

38%

80

22%

"7%

16%

22%

"7
..

7%

16%

'7

17%

105

105

16%

104

16%

17

2l4'«

21%

16%

21%

Jan~30

Carey

(Philip)

12%
91

*52%
*22

25

21%

no par

43%

Mfg Co—

10

12%

"91%

7%

■17% -17%
*103%

22

7%

17%
104

17

17 Va

21%

22

1%

1%

1%

-7%

7%

7%

7%

"207 a

-20%

20%

20%

20%

12% •-12%
91
'91

-12%

55

"•52%

22%

*21% .'22%

•

55

-

1%

12%

12%

12%

91

91

91

91

s

*52%

55

*52%

22%

*217/a

400
1

1

21%

21 Va

44

43%

9

43 %

8%

8%

26%

27%

'26%

17%

17%

17%

17%

21%

*43%

8%

28%

1-7

21

2174

44%

44%

8%

8%

87a

27%

27%

28 %>

17%

16%

17%

'44
-

■a

■>* 0

•

3,400
'

130

8,300
7,800
20

2,500

3,200

23,900
10,700
1,700

8,600
680

22%

21

I
i

14,800

55

*21%

21%

28

8%

7

17%

*103%

1

130

1

80

20%

1

12

11%

20%

*>

47,000

38%

11%

104%

f

*

500

120

38%

11%

20%

5

*117%

39%
80

20 %

Co___—

12
.

157a

11%

Foundry
No par
Canada Dry Ginger Ale
com__1.65'%

(The)

~

r

5,700
~

83

80

17

500

73

12

7%

Capital Airlines Inc

15%

11%
120

*38%

1%

No par

*68%

79%

1%

Ry

83

-

15%

11%

"7%

Canadian Pacific
Cannon

10%

1

400

38

10%

;

30,000

26%

38

79%

1%

100

25%

10%

12

"7%

No par

25%

79%

1%

preferred

58%

79%

104%
16%

*

3,800

11%

12

7

-5,700

'74

38

11%
*117

38%

7%

conv

58%

73

*11%
*117%' 119
,

;

22 %

11%

84

12

2,600

13 %

58%

15%

300

12%

73%

*83

_i

Canada Southern Ry Co
Canadian Breweries Ltd—

22

2,700

62

11%

*68%

_5

C

12%
*61

74

83

15% -15%

100

52%

13%

73

*68%

120

39%

11

'

82

15 %

21%

14,600

26%

52%

22%

25 %

5

Butte Copper & Zinc
Byers Co (A Mi common

$4.25

12%

58%

10

*68%

.*

•

13%

'*73%

11%

20
96

26%

62

13%

11

21%

100

19%
*94

'

V74

'4%"% preferred

Campbell W &

54

12

*61

62

5

prior

16,000

38'A

26%

11%

Bros common

36%

*37%

96

73%

mo

9,200

36%

38%

*94

13%

7,500

36%

X26%

«61

15,100

24%

27%

12

6%

24

96

73%

common-

Bldg 7%

7%

23%

11%

preferred

conv

36%

23%

_i

Bush Terminal Co
Bush Terminal

6%

19%

:

6

21%

Burroughs Corp

Butler

36%'
*37%

24

6YB

5

preferred

3 % %

23%

6

No par

\

Carborundum




2,500

60%

74%

12

No par

Forge Co

13% .Jan 29

For footnotes see
page 22

11%

60%

743A

—No par

30

'19% May 25

11%

60%

74%

15

preferred

-'54

18%

11%

60%

74%

1

Inc

23% Sep 14
18% Sep 14

5

11%

60 %

73%

27

;

43% Dec 16
8% Dec 29

May 27

11%

60

74%

49%

40

Bigektw

16% Jan 31

Jan

11%

60%

*94

—

51

95

11%:

%

*92%

2.50

Callahan Zinc-Lead
Calumet & Hecla Inc

20

9,800

74%

._No par

com

preferred

California

4

2,240

11%

mo

Union Gas

2

29

620

7

13%

60

5

No par

2

27% Jan

6%
13

1,300

2

Dec

6%
13%

21,000

9%'Mar

89

23 %

6%
13%

6 Va

3%-Mar

43% Jan lg
*16% May 26
31% Nov 17
*46% Nov 25

22%

6%
13 'A

5%

7

10

22%

6 %

13%

6%

28

7

22%

6%
13%

6%

6% Sep 15
20% Sep 24

11% Jan

22%

6%
13 %

2,100

6

1 % Dec

July 17

22%

20%

2774,

20% Oct

9

48 %

257a

2

12

2,300
10,200

47%

5%

22

Dec

2,100

28 %

25%

17

26

24%

27%

26%

3% Jan

2

4,500

24%

28%

6%

10% Jan

22% Jan

243A

28

28 %

28

'27% Jan

24%

28

253/4

7% Apr 30

1% Oct

15%

25

2734

27%

Buffalo

*Mar 16

Jan

15%

24%

28%

25 %

Bullard Co Pew

3

25 V* Apr

25

47

29 %

$5

16

108% Jan

25

x27%

19%

Co

Budd (The) Co common

9

.12% Feb 26

15%

3,300

47%

—

,

15

17%

47%

Inc—1.25

Brunswlck-Balke-Collender
Bucyrus-Erle Co

July 15

15% Feb

17%

25%

Brown

3

116

200

173/4

15%

28 %

Brown

30

Mar

36%

17%

15%

20

Bulova Watch Co Inc

15

36%

17%

15

25%

Burlington Mitls'Corp

Jan

36%

17

15%

30%

7

17% Feb

130

*36%

17%

26%

2

78

6

13,800

66

29%

Bearing

2

14

400

10%

66

17

25

Jan

10

Oct

16,200

DAY

15%

inn

91% Jan

Jun

35%

9%
v

19%

15

■'43 V4 Mar

67

11

Club

"17

-13% Sep

67

3,500
NEW YEAR'S

26

5%

Dec 18

29

10%

67

47

prelerred

31% Nov 16

10

2

17

...

10

50%

..5

Brooklyn

6

jun

8

14% Jan

83 % Feb

.59

10%
65

35%

RR—

Bristol-Myers Co

.16% Mar 25
'

10'%
65

36%

2,800

30%
145

47%

100

Roller

9

13% July 20
'66% Jan
5

.

50

145

66

66

*35%

30%

50%

147%

20%

preferred

Brlggs

27% Jan 29
54'A Dec 21

10% Dec

31

83V2 Dec

2

74

39% Sep

8% Nov 13

19"% Oct 28

•>' 35% Jun 22

14% Dec

Apr 28
11% May 1
78% Jan 12

104 % Apr

;

i'Sep 15
17%, Jan
2
.

49%
*144

150

58,100

CLOSED

100

"5%
Bower

22% Mar 17

26

50

144%

19%

5

Braniff

28% May 20

Feb

13% Sep
76% Jan
41

10%

46%

Co

Marne

10%

STOCK

EXCHANGE

Airways Inc
2.50
Bridgeport Brass Co—
5
Briggs Manufacturing Corp—No par

9

4

20% Sep 14
.10% Sep 15
72% Dec
3

&

2

26% Jan 20
99% Feb

30%

22

preferred
Edison

7

39% Aug 17

91

24% Oct 21

42% Feb

30%

20

Common

'25% Mar 10

28

Nov 21

Mar

30%

1/
24

20

(The)

Boston

13% Mar 19
46% Mar

X30%

114

%
23%

No par
1

;

Inc

Boston

Dec

*110

22%

Borg-Warner Corp common-:

12

50

Co

112

No par

Corp.

—

Stores

Borden

16

Mar 25

94% Jan

18

Class B

iviur 12

5

Brass

12% Sep

Mar

7.50

A

11

61% Jan

25% Jan

&

Ami Co cluss

1

jlz */4

_2.50

Co

Co

6

89% Jan

10% Nov 13

Inc

Chemical

Aluimuiii

auim

10

Co

112

31%

49%

100

2,300

30%

144%

No par

38%

1

50%

pfd series of 1951

38%

24

145%

&

38%

3,900

%

50

4%%

61%

23%

145

Black

60%

1%

100

13

61
39

23%

,

300

60%

114

1

Carpet (Del) coin.5

82% Jan

19
94

23%

(Del) com—No par

Decker Mfg Co
Blaw-Knox Co
(Deluware)

Jun

"109

1%

*18%
*91

23%.

Bethlehem Steel

38 % Aug 26

29% Jan

1

18%
94

23%

7% preferred
Blgelow-Saniord

31% Apr 30

25

114

*109

1 peso
1

39% Mar 12

29

39

Foods

84

29

60%

38%

___1

2

Oct

60 V8

38%

J946_No par

Mining Co

Co

3

21% Dec

61%

38%

6

15

Dec

61

18%
*91

16

Jan

27

94

10

common

76% Sep

8

19%

*91

5

Loan

32

11

29

91%

*18%

100

common

Aviation

Benguet Consol

Dec

29%

91%

Co

prelerred

Best

18

40

1,600

Howell

5

Oct

4,600

18%

&

4%%

7

63

29%

10

9%

33%

18%

12

1% Jan

14

29%

80

9%

*32%

10

Jan

27% Jan

Jan

28%

*79

10

33%

1,100

30

Nov

9%

*32%

29

30

18% Jan

9%
32%

7,000

10%

22% Nov 25

557/s Dec

9%
32%

28%

14%

24

15

1
29

10%
33%

150

14%

10%

22

16

10

28%

20

99%

80

-

*32%

110

99%

14%

14%
*79

*107

99%

23%

36% Dec

12% Oct

10

Corp

29% Jan

139% Apr

1
5<f

110

99%

10%

Aircraft

3

Oct

*107

99%

1,00

pfd

RR

16

Oct

29% Mar

108

99%

23%

Beneficial

1% Nov 14
25

108

99%

10%

39% Dec

Jun

110

£9%

*

41

23%

Mar 16

267/b Feb

17

93

*107

*40%

10%

Bendix

11

•

41

23 %

68% Mar 20

106% Dec

38

20%

9%

22% Mar 13

.

1

33'/e Jun

*37%

20%

9%

10%

Sep 14

1

38

20%

23%

50

Dec

4,600

10%

93

38

11%

23%

May 21

14

11%

10'A

90

29% Jan

2,500

23%

May 22
22

44

1

94

Dec

42%

-.11%

*37%

110

42%

1

15

16

64

11%

2,100

69

Bell

17% Sep

28

24

5,300

*67%

Bell

29

9

Feb

Oct

53,200

Belding-Heminway

10 Vs Dec

Dec

28

15% Jan

19%
39%

2

19

23

45% Apr
87

29

18%

6,900

9%

Beech-Nut Packing Co

14

Sep

29,400

20%

Aircraft Corp

12

Oct

11%

2.50

20

Apr

•

38

2,900

8%

39%

68

42

*37%

4%

43%

8%

9%

i.

Jan

'

67%

42%

11%

38

69%

42%

11%

4%
43%

,

8%

20%

preferred—] 00

25% Oct

30

4%
44

9%

Inc

(A

J

4%

.

20%

common

preferred
Mills

*37%

"

4%

No par

Inc

Beatrice Foods Co

3%%

11%

4%
42

44

—50

Works

Cigars

68

43%

10

common

68%

10

Barber Oil Corp
Barker^ Brothers
4 % %

1(H)

common

noncuniulalive

86% May

21

Ohio

&

Convertible

7

Dec

Inc

Bangor & Aroostook

22 % Mar

100
.

(T)

59,900
600

17,100
4,000
2,900

"*

I

-(13)

NEW YORK STOCK RECORD
Range for Previous
■

34

Feb

116

9

21% Jan
: 22

Oct

14*

8
10

,

34% Jan

14

4

14% Dec

3

34% Jan
12 %

30% Apr Iff
154% Aug 21

111% Dec

24

47% Jan

2

99% Jan

3

104 % Aug

7

33% Oct 30
>131 % Dec
5
v '54% Nov
6

51% Jan

4

150% Feb

26

D«c

2

65% Dec

24

2 x

15% Sep

2

15% Oct

30

t

Oct
16

.

■4.

>*.

.

Oct

'

24
15

•

19% July 30
6

Oct

23.

Dec

19 % Jan.

17% Jan
,

1

31

45% Sep

'»

20% Mar 12
9% Feb

19% Feb
'

14

4% Sep

;7

1?% Jan

17

35% Dec
68% Dec

8

47% Jan

10% Jan

29

U

Dec

22

f 36- Apr 24
>104
Jan
8
19%rOct 29

'r

Carrier

■'

9

a

-

Feb

19% Ma* 2*.%

;:

16% Mar Iff

5%

20% July 27

19

7% Feb

15 '

39%

39%

15% Feb
15*

5

26% Dec

31

591/4 Sep
11

40% Aug: 38,

110% Oct- 2
21% Nov

28,

24% Oct

9

'

15

...

35% Jun

^10

Jun

12

110

17% Jun" 24

♦

r 14%

Sep

20

24% Oct

17

20% Dec

I

*18% Jun

45%.

46%

45%

46%

13

13

13

13

13

15%

14%

14%

14%

14%

*111%

113%

*112 %

113%

10

113

49%

49%

*103
'

.-19

100

V

*

19%

16%

15%

15%

—1

X20

21

Feb

6

;■ 10 Ve

Dec

30

*34

,

3

Apr
Dec

9

,>,

Jan

10

14% Sep

9

29

58% Feb

tt>

■

6% Dec

V19% Oct

13% Oct

23

16% Apr

i

11 %

33% Oct

28

42

Feb

t

30

Sep
Sep

Class

.10

Centrul.As

VJ% Mar 12
38% Jan-

,

15

Cerro

.

15% Mar 20
37

Feb

:

X,

■

i'

du

Pasco

Certain-Teed
Chain

3

Corp^.£._V_.

ProducLs

1

16 %

.49%

15%

19%;

130

; 68%V

16%

16%

9,600
k

15%

16

16 %

16%

20%

20 %

20%

EXCHANGE

4%

4%

4%

4%

CLOSED "

27

27%

69

68

■68

12%

121%

107

*105%

19%
v

26%
67

12%

9,300

NEW YEAR'S
DAY

-

6,100
700

-

-

12%

2,800
300

106

106

15%

«

110

19%

19%

3,100

-15%

19%

15%

67

900

1,600
•"

38% -~38%

107

19%

■

15V4 *

27%
-

12%

■,

*38% ' -38%

38%
-

3,600

STOCK

20%

27%

'

69,400

106

67%

4%

.15

:

19%=

100

16

19%

1

2,400

104%

106

•

50

,

20%

■■

68

*105

19%

15%

1,200

*

16%

15

15 %

15%

15

=-—15 Ve

900

22%

22%

22%

23

•

23

23%

23%

23%

10%

9,400

10% v

10%

10%

V

10 %

40%

10%

10%

1,200

-

6%

5

Corp

Belt Co

16%

26,500

*15%
•

No par

.

16%

12%
38%

'

19%

5
9.50

106

'
f

68%

27
-

39

*15%

'

50-

■■

.L

South. wtrsUdCprp
Sugar Col

Century Ribbon Mllis_

5

14

B

Central# Violela

12%

106

10

25

69%

12%

50

19%

105%

4%

28%

69%

*38%-

18%
66%

...

9,400

,

1,000

113

48%

104%

20%

-

4%

27%

100

,

Illinois ^Public Service

23% Dec

•17 % Mar 16

16 :
13

preferred

-

Central RR. Co: Of N .1 c'liiss A

-

2»% Feb

14 V

■'

19%

#

14%

*103

/

66%

105

„

.*15%

•

20%

4%"

Nopar

48%
104%

16

16%

-—5

-

18%
105

66%

—

48

*103

103

65%.

105

'66

20

of Georgia- Ry.
preferred series B

103

300

13

113

,

10

2,300

-47%

.

'

105

too

'

49%

48%

104%

Shares

41%

14%

*110%

No par

Aguirre Sugar

Central

2

46%

t

#40

13%.

common

:Corp common

-4 %%

40

47%

j_ioo
Hudson ©as & Eiec—No par
Central Illinois Light common-..
•

6

40

14%

=

28% Feb 24

10

31

Jan

20% Mar

.

14

15% Dec

;

40

13%

Central

42% Mar 25

41%

40

the Week

Friday
Jan. 1.

*107%. 108%

47

C0_

5%

#

Mar 27

41

1
100.

Central

30

.

108

41

12.50

Corp—_

common.

Central Foundry Co——_

22

13

16

97

,

4u% Jan
73 % Jail

>

% July 14

16% Apr
8

Feb

8

108

41%

*39%

preferred-

Central

f

26

109

5

preferred

Celotex

*108

41%

—

*

5

109

41%

7% 2nd pre'ferrlad
4%% couv preferred series A

2

Dec. 31

*108

Preferred 4.20%
100
Celunese Corp- of Anier com—No
par

r

8 t'

Jan

General

Thursday

Dec. 30

41%

I

Caterpillar. Traofcor

24

133 % Jun
98

-7%

t

&

(J ill Co

case

Wednesday

Dec. 29

No par

Corp ,coratnon*_V;

Carriers

Tuesday

Dee. 28

*

V
'

Jan

Ught.

Sales for

Monday

Par

Carpenter Steel Co

5

38% Jan

.

i

14

Jan

105

ia% Dec 29

104

28

21

Carolina Power &

14% Mar 27
143

£

96% Jun 23
;

16

65% Jan

24

110% Jan

66

Jan

25

* ^

STOCK

Carolina Clincbflold & Ohio Ry_10Q

9

48% Dec
-

;

16

3"

Det

49

2

Sep 24

14-% Sep

Nov

.

*

45
:

LOW AND HIGH SALE PRICES

EXCHANGE*

113% Mar 19';

i

10

39 % Sep

36% Dec

21

NEW YORK

Highest

103% July 20

53% Jan 28

23

10% Feb 20

i

Aug

41% Dec

20

39%. Oct 30

"V

Range for Year 1953
Lowest

Highest

104% Jan

1

Continuett—Page

STOCKS

Yewr 1952

Lowest

20

6%

V

*6%

;

«

*6%

7

*6%

7

100

'

20%

20

20%

12%

12

12%

32%

10

'

15 %

.7

--

12%

.

13

32%

:

■

19%

20%

19%

20%

12 V4

'

12°/8

12%

12%

14,000
"

32%

32%

33

33%

34

34

11,200

'•

1,100

Champion Paper & Fibre Co—
22% May

30

26% Jun

16

34% Dec

3

Jan

18

105% Oct

21

92 % Jun

22

103 % Jan

30

5% Oct

23

8% Jan

17

4% Sep

15

May 17

31

.31% Feb

4

15

41% Feb

2

98

28

1

July 24

34% Jan

26

251/4 Dec

2

39% Dec

10

32 »/4 Sep

81 % Jan

4

88

16% Feb

20

33% Jan

Dec

23

80

Jun

3

23% Dec

23

12

Sep

15

22% July 22

27

20

21

Aug 31

15% Feb

20

21% July

Jun

17% JUn

7

18% Feb

20

28 % Dec

28% Apr

17

34% Dec

1

12% Mar

1

18% Dec

17

Oct

28

10% Dec

18

18% Oct

15

24

*39% Feb

27

51% Dec

23

7

15

23 % Mai

21% Mar 24

16

26% Jan
Jan

6

31

10

Jan

6

Dec

29

22% Jan

13

40% Sep

15

51% Jau

2

14

5% Dec
10

Jan

16

20% Apr

26

10% Dec

30

20

.42% Dec

30

30% Dec

30

44% Aug

45 % Apr

24

41% Oct

6

61 % Apr

28

56% July 23
75
July 28

49% Jan

9

81% Jan

11

8% Sep

72 % Dec
95

59

23

Nov

Oct

59

3

89% Jun

-95

Jau

*26

267a

i

8

21

5%

5%

10%

T0%

10

107a

10

10%

10

10%

43%

44 7a

43

433/«

43

43%

433/8

44

Milw

Chic

&

5%

6

St

scries

Paul

A

&

Pac„_No par

noncum

North

pfd

_100

Western coin—No par

preferred series

A

5%

12

Chicago

Yejluw

Co

Cab-,

common-—.

convertible

58% Dec

29

96% Jau

2

Chrysler Corp;

19

7

Common

Dec

"2

91 72 Jun

25

102

Jau

2

4%

37 74 Dec

4

35:,/a Jan

22

55

Dec

4

Cincinnati Milling Machine Co

16

30% Dec

2

C

287h Jan

4

14% May 12

14

\

6

9 74 Sep

15

Jun

10

95

95% Jan
14% Oan
102

Jan

2

9
12

33% July

1

26 74 Dec

15

33% Mar

5

18

2

14% Dec

28

17

3

723/4 Dec

28

"Oct

5

July

79 74 Nov

7

403/4 Dec

12

Feb

7

155

Apr

7472 Jan

5

80

483/4 Feb

21

140

70% Oct

28
30

90

Sep

10

48 72 Dec

22

31

4

152

Dec

29

80

56% Sep

9

Aug

83 % Feb

44% Jan
172

Mar 24

Nov

9
6
30

July 14

Feb

10

90

47% Jun

16

54 % Nov

24

109% Jail

19

.

preferred

,

2

2%

61

62 7i

*92 72

93%
874

8

11%

6172

93

27,000
12,900

*60

62%.

63

92%

?

2,500

62

92%

6,300
200

8%

2

8%

8%

1,100

11%

11%

2%

10%
31%
46%

45%

63

*8

11 3/4

2

62

*927a

-

10%>

30%
■

1

5,000

11%

11%

2,000

2

1%

2

11,800

7%

7%

7%

,7%

7%

73/a

23%

23%

22

22%

22%

227a

22%

223/4

130

60

6072

583/4

607a

5972-

607a

59 %

603/a

76,300

21%

21%

21%

213/41

213/4

21%

22

,__25

7%

77;

-

3,700

Electric—

&

•

100

Financial

Corp..

10

98

Nopar

convertible

Co

& St Louis

97%

50%

51

STOCK

1,500

29%

29%

29%

297a

297a

29%

29 5/a

30

EXCHANGE

8,300

80

78%

78%

76%

77%

78%

10

10

10

10

101

*100

102

27

27

27

27

26%

15%

15

15

15

773/4

27
15

5

Ry Co

noncumulative

97%

51

101

preferred

Equipment

973/4

5072

Nopar

City Products Corp—
City Stores Co commonClark

973/4

5174

5

^

74

72%

20

32%

100

com

-

14%

100

new

33
180

*168

preferred—100

5,100

973/4

503/8

98

100

common

C C C

21%

*9774

52%

*52

.

]()

Investing Co
preferred

5%%

5%

93 72

,

3,200

77,800

25

preferred

4%%

93%

*60

■'

6

25

Copper Co—

Cities Service Co
City

633/s

^62

1

30

Oct

*60

8 72

5%

Jun

69

69

*62

IP/4

Chile

1474 Dec

463A

8V2

5

T

31%

46

18 3/8

10%

30%

47

11%

13

I

107a

32%

46

Jo

Jau

Gas

103/4

31%

47%

Nopar

39.

1072

33%

47%

preferred series A—_l 00

conv

11

10%

5%

32"%

100

Chiuiigo Pneumatic Tool c'om.No par
$3 convertible preference—No parChicago Rock Isl & Pae RR„No par

13

102

6,800

5%

29

114

18 3/a

67a

24% Jun
22

187a

6%

Cincinnati

Jan

187a

6%

No par

17 72 Jun

Jan

1874

1,600

1

9

187a

1,200

Childs

89 7» Oct

1874

2,300

10

92

18%

183/4

3% Feb

4

18%

100

277a

13% Feb

3174 Jun

2,100

14%

Dec

22% Dec

24

277a

6% Oct

103

233/4

14 7*

30

2

233/4

1474

2% Oct

94 7» Jan

2374

18%

'

Dec

24

27%

ChickasliaCoLlun Oil

98

23%

18%

7

27

23%

18,800

14%

11

68 % Feb

23%

■"

27%

9% Jan

18

14%

857a '

14%

14% Feb

1% Dec

13%

18%

13

22

5,000

*843/4

14

33 7a

273/a

22

25

147a

86

133/4

14

-7% Oct

Mar 12

85

13%

32%
*84%

14%

27%

10% Sep

4% Mar 12

33%

85

333/8

863/4

.183/4

6

13

300

33%

33 74

40

26

19%

8

48% Jan

1,200
5,400

25%

26

32%

■'

5

147a

Jan

5

26

34

101

43/4

273/a

12% Feb

14

267a

33%
101

4%

14%

18

Nov

*26

33%
100

43/4

27%

18

10

33%
100

4%

*18%

27

29% Nov

33%
100

4%

14

40

Oct

13

33%
*84%

33%
*99

_5o

5%

76% May 27

6

5

5%. preferred

Chic

82% Mar 19

25*

A

Class B

62% Mar 19 r'

Aug 31

5 7a

99

"

Chicago Ind & Louisville Ry cl A_25

V

21 % May 21

32% Feb

5

Chicago Corp (The)
iSJU
Chicago Great Western Ry com'—50

i

21

18

Class

5

34% Jan

Sep

12

99

1.25

Manufacturing
Corp of Virginia

Chesapeake &©h!o Ry common—25
3%% 'convertible preferred
100
Chicago & East ill RR coin—No par

26% Mar 17

337a

,/ 33%

.•

Nopar

preferred
Cab

Chesapeake
.

13

7

27 % Oct

Mar J9

$4.50-

Checker

■

85% Oct 27

6

Oct

17

12

Common

;

7 % Mar 27

"

*9%

323/4

•

*84 7a

53%

53%

10772

106 3/4

1063/4

7174

*70 3/4

7174

*70%

•

42%

*42

42%

*42

700
NEW YEAR'S

30

DAY

15%

15%

2,000

743/4

i

33

1,800

32 3/4

*168

71%

427a

*84 7a

80

16,400

9%

27%

74

32%

54

CLOSED

78%
102

26%

180

*168

80

*84%

102

74

32%

180

9%

102

74

74%

73

32%
*168

10

*100

120

90

*84%

2,100

710

180

90

1

1053/4 Mar 12

110

Apr

4

65 72 Jan

14

75

Dec

29

377a Jail

26

44

Sep

3

Jun

12

70 3/4 Dec

15

75

41

Sep

21

44% Mar 19
25% Apr

100

Mar 23

Elec

Cleve

$4.50 preferred

Cleveland

Sep

15

Clevite

293,k May
1
18 V* Mar 18

39 74 Dec

9

33 7a Sep

11

43% Mar 20

Climax

25 7a Jan

2

223/4 Jan

19

29% Oct

Clinton

81 72 Apr

3

91

Jan

18

89 3/a Jun

12

97% Nov

3% Oct

24

63/4 Jan

2

24 7a Oct

22

32 74 Jan

4

1307a Jan

3

75

Dec

3

102

Jan

7

__

-

it

18

■■ n

13672 Aug

9

23

6

128 74 Sep

5

14

3

Feb

4

78

Jan

13

107

Oct
Jan

38% Dec

95

Dec

17

2

1674

16%

16

23

66 % Mar 24

Colorado &

100

43%

43

43%

22

67

100

50

51%

49

49

47%

47%

47%

473/4-

471/4

47V2

47%

47%

Dec
Dec

90

Mar 24

Sep

1

65% Mar 24

38 74 Jan

8

50% Dec

9

50% Dec

2
2

Colgate-Palmolive
$3.50

4%

Fuel

4%

Class

12 72 Dec

7

Jan

5

.11 In Jan

29

22% Dec

24

Columbia

59 72 Mar

6

69% Dec

15

$4.25

3

61% Apr

4

2

27 74

Aug 13

23 74 July

2

27% Dec

29

127a

12%

12%

123/4

26,500

20%

2074

203/4

4,800

69

69

69

42

42%

40%

41%

41%

42

413/4

42%

4,700

Elec—5

27%

27%

27%

273/4

27 3/a

27 3/a

27 7a

273/a

1,400

Inc.No par

45 7a

457a

No par

Ohio

Combustion

Engineering

Commercial

Credit

2

Commercial

2

34% Dec

31

32 7a Jun

17

37% Dec

2

Commonwealth

323/a Jan

14

343/4 Dec

31

32 7a Jun

17

37% Dec

7

$1.32

convertible

35 7» Dec

26

353/4 Dec

31

32 7a Jun

17

37% Mar 16

$1.40

conv

6% Dec

10

10% Feb

18

5% Dec

29

23% Oct

28

28% Jan

2

2174 Dec

29

2172 Apr

19

25

45%

46

44%

45%

44%

45

10

8
6

35%

36

35%

353/4

3574

3574

3574

17 7t

16%

16%

16%

17

167a

163/4

Edison

Co

com—25

36%

36%

36%

365/8

36%

36%

37

37 74

363/4

37

37

37

36%

36%

*36%

36%

367a

25

36%

36 %

*<36 %

363/4

36%

36%
36%

No par

5%

5%

15%

5%

5%

53/4

10

21%

22%

21%

21 3/4

21%

21%

No par

20%

21%

No par

preferred.;

Publishing Co
Corp

20% Oct

28

24% Jan

15

7

18

Dec

30

36

Dec

21

Consolidated

25

Sep

14

11

Ffcb

25

Consolidated

Coppermines

323A July 18

39 7s Nov

19

343/4 Jun

10

42% Dec

11

Consol Edison

109 74 Mar 27

103 74 Jun

2

109% Jail

5

21

21 %

34%

35%

7%

7%

37%

No par

41%

41%

41%

*107%

108 %

Cigar

12% Jan

5

No par

2

3174 Feb

*10674 Jan

2

6 74

Congoleum-Nairn

$5

25% Oct 23

Jan

0

Feb

27

113

Nov

25

100

Jun

15

110 % Jan

7

97% Jan

19

105 %

July 15

91

Jun

10

102

106

13

27% Dec

31

Apr 22

16% Jan

18

10% Aug 13
52% Oct 16

11% Jan

23

64 % Feb

4

27% Sep

23% Jun

28

10

Elec

Power Co of Bait

Preferred 4Vz%
Preferred 4%

50

"13

4,100

5

Consol RR

10% Jan
10% Jan

6

Consolidated

Retail

6

Consolidated

Textile
Vull.ee

pf Cuba 6%

15

22% Feb
40% Nov

3

Consolidated

23

2

Consumers Power Co

Jun

19

109% Jan

8

$4.50

preferred

99% Jun

18

108% Feb

5

$4.52

preferred—

Jan

30

102% Feb

11

99

Jan

36

Jun

17

17

103% Feb

8

93

Jun

23

19% Dec

4

961

16% Jun

12

89% Dec

18

45

2

89% Sep

23

25% May 21
4
95% Jun

31

45% Jan

13

58% Nov

6

92

Jun

16

87

97% Jan

8

$3.75

Feb

8

Nov

6

$4.25

5

99

108% Sep

16

117

For footnote*




spe

paerp

May 20-

112% Jan

16

133

Aircraft-

conv

2nd

*173/4

12%

12%

13

12%

123/4

*123/4

543/4

543/8

55%

54%

547s

18

17%

1772

5V2

5%

5 72

6,700

8%

8

8 7s

6,200

177a

7,600

397s

6,900

12%

18

12%

*17%

500

13

2,500
100

*17%

18%

5%

5%

8%

8%

1

17%

17%

17%

17%

173/8

17%

No,par

39%

39%

393=8

393%

39 3/8

39%

39%

104

104%

104 %

104%

104 3/a

104%

104%

106 %

106%

.*106%

107

106

1061/4

*106

41%

42%

42%

43%

44

44

3,300

102

102

150

No par
No par

5%
x8

*

*101

102

*101

5%
8%

42%
102

53/8
8%

43%
102

102

17%

*20%

280

106

107"

40

203/4

2,000

20%

20%

203/8

20%

20%

20%

91%

91%

91

91

91%

91%

91

9174

54 %

55%

53%

54

54

54%

54%

5572

8,700

No par

95

95

95

95

*94%

95%

*94%

957a

300

preferred—No par

*124

129

*1,21

127

122%

122%

125%

1253/4

160

Continental

preferred

54 %

100

1

Continental Baking Co cjm—Nopar
$5.50
preferred
-■
No par
Can Inc common
20

18% Jan

7

48% Dec

Jan

*12%

Container Corp of America com—10
4%
preferred
100

41% Aug 19

Feb

12%
55

12%

100

Inc

Inc

„

12%

12%
54%

26%

10C

pfd—

com.

12%

5

1.33%

Corp

Stores
Co

26%

15

Corp
Gas

15% Sep

31

3,800

27

20

38% Jan

43% Dec

27

107%

Grocers

2

27

100

35% Apr

31% May

263/4

*98

12

109% Nov 26

600

107%

23

3

108%

*98

38% Dec

102% Jan

108%

1087a

108%

107% .107%

Laundries

99

14,500

100

20% Dec

May 16

413/a

107

2

110

40 3/4

41%

41

4,000

*98

15
2

12,400

107

34% Jan
Jan

1,500

77a

99

16% Apr
102

207;

7%

27

Consolidated

8

21%

197a.

108

Consolidated Natural

14

2174
1

99

Consolidated

•

12,200

27

2

14

21%

*107

24

29

108%

3,200

7%

774

300

5%

100

27

23

413/4

18

Xl8

1,600

'5%
•213/a

<

100

Jan

Sep

73/8

9,800

No par

series C

16% Apr

Dec

.

343/8

18,600

Light &

58

5% Dec

108

21

4,100
..

com

13% Apr

17

y20%

■

1,900

-

series B

5

1

12

Gas

16

12 % Jan

Corp

com

16

39% Dec

Apr

Y

Jan

12% Dec
11

9

11

N

48% Jun

8
9% Oct 15
Mar 24

Mar 26

of

Inc

preferred

Consolidated

••

.

25

preferred

1

110

3574

16%

Co

Solvents

6

July

=

Nopar

48% Dec
38% Jan

Nov

12%

No par

<?o__-

22 % Jan

7% May

1,300

687a

11

27

48 7a

203/4

3074 Jan

#

48

123/8

15

Mills

48

68 %

18

Cone

48

380

21%

Sep

27

1,800

12%

Sep

27% Jan

48

68

Columbus & Southern

Nast

80

48

20%

Columbian' Carbon

Conde

,49

48 7a

47%

900

12%

Sep

3

52

49

21%

16

Mar

51

69 %

38 72

8

43

503/4

*48

21'/a

31

30

383/4 Aug

43

49

50%

"

12,500

*68'/4

7

443/a Jan

20

7,000

1674
43 74

43

50

49

87%

prefened..No par

11

14
20

50

*47

*86%

common__No par

Pictures

cumulatlv^

35 7« Jan

Nov

44

88

*

2.50

17% Oct 27

347b Oct

37

100

Sys cl A-2.50

Columbia Gas System Inc

11

2072 Jan

Ry com

B

26

51 % Mar 17

Southern

Columbia Broadcasting

.15

15

Iron

&

1st pfd_,
noncumulative 2nd pfd

Nov

Sep

a

noncumulative

13 72 Jan

15

Co

prererred-

16% Jan

37

2,100

39

163/s

49.

42% Jan

39%

39 3/a

39

39 %

16%

43

63

3,100

16%

59'% Mar 27

5

100

1113/4

*850

16%

60

11

89%

1103/4

No par

8

10% Dec

133%

*88%

*850

— _-

39%

*132a/4

897a
110

10974

Colorado

18

13% Oct 29

com—No Par

*850

1337a

*88 7a

20% Mar 17

Jan

56 72 Jun

*1327a

89

109%

4,800

3,900

137a

Jan

327. Jun

13372

89

10872

2%

34%

13

39

3872 Jan

*1323/4

89%
110

710

.

2%

13%

41

1

13472

Corp—No par

*13172
*88%
109
*850

No par

4,500

33%

87 3/4

14

393/4 Feb

2—100

2%
34

133/a

14 72 Sep

4

96%

2%
33 3/a

*86%

7

47

94%

2%
333/4

13%

22% Feb

1

97

*96

96

274
33%

13%

16

28

96

2 3/o

33%

*863/4

Oct

Nov

4,800

13%

17

40 74 Feb

4,100

29 Vs

86%

27

59

37%

29

39%'

5

24% Feb

3

36%

29 7a

13 %

Nov

31

2

36%

287a

66%

8

Dec

Jun

3674

28%

39%

Jun

13

Jan

36%

28 74

No par

80

2

33

36%

283/4

19

No par

9

22% July

38

37%

18%

Collins & Aikman Corp

2

12

20

42%

193/a

97%

preferred—100

Internat'l

250

71%

1,8%

33%

(The)-—

*42

2,800

107

19

96
2%

100

_■

lunnwiativc 2nd

71%

183/4

1

preferred

Coca-Cola

15

Dec

7%
4%

106 3/4.

53 3/8

19

No par

preferred

conv

Corp :
Cluel.t Peabody & Co com

Coca-Cola Co

Jan

Apr

cum

1

Clopuy

20

173/4 Oct

87

4%%

1077a

107

53%

19

No par

common

53%

53%

36%
28%

1

Foods,Inc

29

892

50
stock—50

Molybdenum

47 % Jan

23

874

July 24

4%

gtd

Corporation

Dec

89

7%

guaranteed

125% Feb

7

4772 Dec 24

4

21

136

9

88

25

Feb

34% Dec

2

in3/* Jun
_

40% Jun

oep

Apr

z

28 74

9

53%
*106%
*70%
*41%

par

Nopar
RR

Pitts

&

Special

16

„

Illuminating com_No

,

.

240

22

/ r

"

1

r

14

(14)

The Commercial and Financial Chronicle

NEW YORK STOCK RECORD
Range for Prevleaa

STOCKS

/

Range for Year 1953

Year 1952
Lowest

21

7% Sep

15

17% Jun

11

10% Jan

15

Nov

17

15% Feb

68% Apr

16

9% Sep

6

30
2

75

Apr

3

19 'A Oct

28

25

Jan

30

25% Dec

18

31% Aug 13

18% Oct

22

13% Mar

3

Continental

Diamond

7

Continental

Insurance

14

11% Mar 25

Continental

Motors

13

623/4 Jan

5

Continental

Oil

Mar 18

Continental

Steel

15% Sep 15
19% Sep 14
19% Sep 21

28'/$ Jan

2

19% Sep

51 y2 Jan

14

48% Jan

Junlo

22% Mar21

Oct. 23

9
87y2 Jan 25

18% Sep
58

69% Jan

5

93

Jan

16

99 y2 Apr

Jan

23

99% Apr

Jan

73

178

10

15

1% Oct

16

2 Vb Jan

Mar 31

3% Sep

176'/2 Dec

15

<

25 y8 Sep

15

97

May 22

87 y2 Jun

1

95

24% Jun

19

27

Dec

12

25% Jan

2

273/8 Mar 12

12% Oct 22

193/4 Jan

28

10% Dec

29

153/4 Mar

x32% Nov 13

36% Feb

5

28

Jun

10

34% Jan

26>/2 Jun

16

103%

9

Jun~13

28

39% Jan

77% Oct

23

92 y2 Jan

Mar 25

5% Oct

15

33% Jan

683/4 Sep

15

89

13% Dec

24

Dec

22

55

10

6

12

7% Apr
23% Feb

129% Jan

32

Jan

90

July 23

2

22

62

02

5

8 9'A

89%

88

88%

89%

preferred
100
pfd 3V-i% series of 1947_100
Refining common_25

*943%

96

*943/4

96

95%

95%

'94%

96

*95%

97

*96

97

97

97

*96%

97%

73

73

73%

73%

73%

174

*174

Glass

.

Products

7 Vo

preferred

Co

2

18

Jan

15

$7

15

40% Mar 25
92

22

Jan

8

8% Mur 17

13% Aug 20

14 y4 May

4
10

18

39% Dec

17

Dayton Power & Light

series

Preferred

Preferred 3.90%

17% Oct

22

24% Feb

5

17% Aug 31

23% Feb

2

9% Jan

14

15

15 Vb Juu

18

26 % Nov

Apr

Preferred 3.75%

Feb

62

27

4

95

19

13

Oct

66

32% Jan

8

12% Dec

30

Jan

8

10

21% May 27
8

Nov

13

29% Feb

21

103/g Jan

8

16% Jan

16
Apr 17

52

36% Oct 27

523/4

ny2

11%

11%

7

373/4

38

37%,

37%

37%

38

37%

38

2,500

100

10

B

_10

ctfs for

42'%

43

433/4

43%

43%

43%

1,100

12%

12 y4

12%

12a/a

12%

123/8

12 Mt

14,300

13.50

27 Mt

27%

27%

27 %

x27 y4

27%

27 'A

27 Mi

3,400

.

.

57%

56%

58

EXCHANGE

2,300

92%

92%

94

96

CLOSED

10 Vb

16%

29 VH

29%

16%

16%

16%

16%

16%

16%

20

29%

29%

29%

29%

293/4

29%

29/64

33/64

-

_

20%

•20%

20%

20%

lo

27%

27%

27%

27%

27%

27%

27%

28

100

100%-

100 Mi

100%

100%

100 y4

iooy2

■100%

101

550

No par

33%

33%

33%

33%

33%

34

33%

34

2,800

34

34

34%

34%

*34M8

34%

34%

34'A-

15

9%

Mar 17
Jan

& Raynolds

4.40%

cum

Diamond
$1.50
Diana

common

common

preferred

Diamond T

13% Feb

4

RR

preferred

Match

cum

14% May 25

Sep 21

W

class A

Diamond Alkali Co

22

29% Nov

12
30

Divco

31% Jun

12

41% Dec

3

16

133/4 Feb

26

29

23% Mar 10

Dome

16

873/4 Dec

Douglas Aircraft Co Inc

Corp-Seagrams
Corp

10

43% Jan

8

Dow

29

102% Jan

15

15

80% Jun

11

84y2 Aug 25

75

Dec

32

22

47

36

July 29

Ltd-

24% JaiK

2

5

833/4 Jan\4
43
1

Feb

13

123/4 Jan

2

Chemical

Co

2,400

2

28%

28%

28%

28%

28%

28%

28%

28%

4,200

11%

ny2

11%

11%

11'A

11%

11%

11 y*

2,900

3934

40

39%

39%

40

40

*39%

40%

10 %

10%

10%

10»/4

10 y4

10%

103/b

10%

1,600

14%

14%

13%

14%

14 ye

14%

14

143/.

16,800

82

83%

Corp
(EI)

37%

37%

37%

*iooy2

101 Mi

1003/4

19

&

38%

*36

38%

*36 Ms

38%

7%

7

7

6%

■7%

107

105 Mi

106%

106%

106%

^ 116

115 VB

115%

116%

116'A

*116

*93%

94'A

'93%

94%

94

94

28 V*

28'A

28%

28%

28%

45

45

45

3

Common

118% Jan

2

Preferred

$4.50

series

No par

116

Preferred

$3.50

series

No par

'93%

94y4

lo

28 VB

28%

50

*44%

45

50

*50

51% Oct

27
10

8% Apr

19

Apr

25

30

22

52

Nov

19

49% Dec

9

10% Jan

25

7

Jan

28

47% Apr 23

52

Dec

43 y2 Jun

48% Jan

9 Y$ Jan

28% Jan

2

25% Jan

18

12% Oct

16

16a/4 Jan

21

8% Dec

41% Oct

30

48

21

41% Jun

158

Jan

21

36% Feb

27

15% Jan

171% July 10
9
47% Dec

■to '/8

156%

18

July 15

89

Apr 29

83

23

23

Dec

29

20 y8 Juu

97

16% Jan

July

$4.15

preferred

10% May 15

233/4 Mar 11
8

Eastern

473/4 Dec

Eastman

169

18

Jan

22

48 y2 Jan

30

5

25% Mar 25

1

94

Feb

24% Dec

6%

7

25

102

Jan

14

89

Feb

17

15

14

443/4 Jan

24

55% Dec

31

17% Feb

24

1% Jun

12% Sep
39% Sep

21

20

57

1% Dec

22

34% Oct

22

2% Apr 16
43% Mar 18

2'A Apr

23 % Dec

29

10% Nov 24

.373/4 <Tan

16% Mar 19

10 V2 Oct

6

24% Apr

15

32 Vb Dec

48% May 13
483/, Jun 16

51% Jan

18

48

56% Dec

26

44

30

Ekco

11

Sep

31

Oct

30

15

38% Jun

16

133/4 Nov 12

17% Jan

29

11% Jun

20

19% Jan

2

26

May

15% Apr
26% Dec

94% Apr
20% Jan
5% Feb

3

7% Jun

17% Jan

18

23% Nov 24

Oct

5

102

13

Jan

15
q

26

33% Feb

4

110V

r*

Products

Electric Storage

Elgin

National

Elliott
5%

Co

4

8

El

18% Mar

2

Emerson

Jan

6

26'A Feb

19

25 y8 Dec

23

293/4 Feb

5

89'/8 Dec

21

99

16

4

Sep 18

24% Mar 12

8% Nov

27

11

100

51

*50M>

16,600
-

•

50
70

*47%

48 y.

473/4

48%

600

'9%

9%

9%

9%

500

18%

18%

18 y8

18%

18

18%

2,400

22%

22 Vu

22%

22y4

22%

9,100

15

15 Vo

i5y8

15%

151/8

15'A

2,000

93/8

9%

x9y0

9%

8%

9%

6,300

45%

46%

46%

47%

8,300

934

46%
>163

47
165

2.50

24

24

*93

>163

165

46

47

*163

165

*163

165

38%

38%

38%

39

38 3/4

40

1,700

20 VB

20%

20

20 VB

201/4

20%

1,800

88

85%

85%

*85%

88

150

23 Vb

23%

23%

24

1,300

98

98

*85 7/8

23%

23%

*93

*93

10

1

13%

13%

13

13

13%

13%

13%

13%

1,900

40%

40%

40

40%

40 Vb

40%

4oy8

40%

3,700

5%

shar,es

conv

Paso

Emerson

2nd

Radio

1%

23%

23%

23

23%

23%'

12

11%

11%

11%

11%

11%

113A

700

23%

23 >/4

23%

23%

23%

23%

233/4

3,400

50

493/8

49%

49%

49%

48 '/2

49

&

'

10

50 3%

503/s

50

50%

50%

3

Gas

23%
*493%

50

preferred

35%

36

35 V2

35%

35%

353A

15

15%

14%

14%

14%

143/4

1-4

Mfg Co

&

9,100

11,300

1%

24%

*ll3/4

5q

Electric

1%
24%

1%

23%

15

Co

common

Natural

1%

1%

iy2
No par

Battery

Watch

Phonograph

*48 %

570

50%

50%

200

35%
l

35%

5,800

14%

14"%

3,400

9%

10

10%

9%

10

x9%

10

10

*23 y2

233/4

23%

23%

23 y8

233A

23%

23%

1,000

Endicott Johnson Corp common—25
4%
preferred
100

25%

25 y2

25%

25%

25

25%

25%

25%

2,000

90

90%

91%

*90

8 50

23

23

22%

1

8

8

7%

Empire

District

Equitable Gas

Electric

Co

Equitable Office Bldg

Dec

22

22% Jan

5

Erie RR common

64 y2 Dec

22

741/4 Feb

5

15

74

5% preferred series A
Erie & Pittsburgh RR Co




300

1

I

22%

38%

70% Jun

22.

'

.

15%

86

31

page

51

51

/.

18%

20%

Nov 24

see

9 lA1

•44%

12,400

116%

22%

38%

Dec

j^orfootnofes

107 Mt

10,800

y4

86

73

Apr 21

106%

100

7

15'/4

20%

preference

60% Feb

6

40

38%

7

(The15

37'A Jan

20% Jun

38 y2

18%

2

common

Elec & Mus Ind Amer

6

Mar 13

Co

77

22

9%

100

preferred

Sep 15
13% Sep 15
9% Dec 30
20 y8 Sep 15

14

9'A

common—1

:

Elastic Stop Nut Co
Electric Auto-Lite

3u

y2 Dec 31
Oct

Mar 12

9%

100

Inc

preferred

4'%%

9%

100

70

62% Jan

61% Jan

14

30% Jun 27
101% Sep 18
23% Dec 31

22

May 28

47%

10

common

Bros Stores

4 y4 %

50%

47%

5

Manufacturing Co

Edison

50%

47%

1

Stainless Steel Corp
Co

45

50 Mt

Z-10

Kodak

*44 y2

47 V*

__1q

Corp

preferred

Eaton

20

123/4 Mar 11

£

Eastern Airlines Inc

15% Mar 17

28

5

Eagle-Plcher Co

283/a Jan

106%

__5q

,

preferred
DWG Cigar Corp

31

2

com

4%

16

36%fepyNl8

2
6

163/4 Feb

9
5

Eastern

30

5

preferred

19 % Mar 27

-i

82% Nov

Apr

e

17% Sep 18
20% Sep 22

Sep 16
163/4 Nov 14

Jan

4

*74%

Co-

108% Dec

x48% Dec

9,700

7

4

$3.75

200

18%

*36

10

10

17,500

77

Jun

Feb

4,400

38 y*

101 M»

18%

18%

1,800

83 %

38

*100%

*75'A

Jun

48

183/4

82%

38

77

91

Apr 27

18%

83

100%

*75 y4

109

Duquesne Light Co

18%

9%

75%

,

15

4

813/4 "

37%

101%

25

30% Dec

82 %

37%
'100%

No par

Nem

813/4

5
No par

97% Dec

14

500

3,500

119% Apr

25% Sep

;

3,200
2,600

113/8

1

42

t

10%

8

10

500
rr

11

18%

12

8,900

.18

11 %

8

Jan

8,800

9'/.

<18

10%

x92»AJan

97

9%

18

iiy8

79% May
xll4y2Jan

893/4 Jun 23

10

2%

10 y8

75 y4

de

64

2'A

ny«

50c

Pont

.

*61Y*

2%

10%

preferred—100
Dunhili International—
_l
du

9%

64

11

convertible

Duplan

9%

2%

11%

common

preferred series A
Dresser Industries common

33/4%

y«

10

No par

$4

17% Sep

2

10

Ltd

Cup Co
Pepper Co

94Ms Jun

9%

*61%,

64

11'A

2

Dixie

10

17

2%-

J

Distillers

12

Mines

10

*61 »/4

No par

2

17

Dr.

2%

50c

Co

Car

Corp

Jan

Nov

64

No par
No par

Motor

Stores

25

73/4 Sep

33% Jun

Jun

31,300

20%

8

51

DAY

20%

105% Mar 29
26% Apr
5

Jan" 10

31/64

20%

Devoe

3

45%

'

J?

20 3%

At S

Vilbiss Co

30

3

6,900

2

24 % Mar 10

3

July

700

5,800
NEW YEAR'S

18

Detroit Hillsdale

13

99

85

18

40% Feb

30

3,100

*56%

93%

17%

343/4 Feb

6% Dec

STOCK

55%

17%

24

13% Aug 29

83

*92 Yt

9%

Jun 12

Nov 25

82%

553/4

93%

17%

32% Jun

44'% Dec

84%
56%

*92

5

Edison-

ll.s

84

83%

*55'%

1

52% Mar 31

Jun

500

43%

5

33

60

17,500

32 y8

De

1

108

Sep
13% Dec

24%

32 Vh

16% Mar 25

9

1

24 %

32%

19% Jun

14

Dec

24%

32%

2%

25
Sep
95% Jun

12% May 13
24
Aug 13
65 y2 July
1

24%

32%

*61 %

19

3

4,200

24%

32 y8

1

25

12% Jan

30,600

CoZlOO

2

Jan

9% Sep

4,700

10%
35 Mt

24%
*

18%

10%

343/4

Detroit-Michigan Stove Co
Detroit Steel Corp

Mar

6% Mar 17

17% Sep 15
-18% Sep 16

10 V*

18%

10%
35 y2

12%

10o

30

64

2% Dec 14
9% Dec 29

25

18%

10

35

43

106

3o/o* Dec

12% July 30
26% Dec
1

183/«

10 y«

35 y4

50

100

preferred

Detroit

30

32%

18%

9%

25

common

14

3

200

4,900

Rio Grande West RR—

30% Dec

143/4 Jan

24 y4

*32 Vb

Western

Derby Oil Co (The)

35% Jun 23

600

\

34%

lOVe
36

20
&

18 Ms

18%

10

35%

1

common

243/8 Mar 23

21% Oct

9% May 19

38%

*52

11%

18%

Lack

Esciow

^9% Jan

Jan

*38

51%

11 3/8

common

Delaware Power & Light Co

114% Feb

39

38

51%

uy«

issued"

18% July 11,
27% Jan 21
43

373/4

51%

113/4

50c

ctfs for

14
31

37%
51%

37%

51 %

11 %

50c

"When

16

29% Oct

37%
*51%

Co

Escrow

16% Jan

106% Apr 29
38 Ma Nov 18

1

Inc

9

20% Oct

1,400

89

4

16% Feb 21

14y,

96

Dec

31

*133/4

—80

preferred

■

14%

91

Aug

-,(>

*133/4

89

60

July 24

14 «/8

10

4%

*933/4

99

61

4 Vs

*90

29

11

4%

95%

81 y2 Apr 28

Nov 17

87

*4y8

89

23

6% Jan

2,300

>84

4%

91

Dec

29/64 Lifr

'T3"

)30%
30%/V

30%
87

1,000

*933/4

27 3/4 Dec

If

130

40 y2

*90

16

24y2 Jan

14%

1,000

1

135

40%

*88 »/2

233/4 Jun

12

*133/4

com

Delaware & Hudson

25% Dec

5% Jun

2o

30%
*84

25%

253/8

*134

95

Delaware

3

4

29,500

91

15% Jan

Jan

30%
85

2.50

300

7%

89

52% Feb

7

25%

54%

*94

13

15% Oct

30

16,100

94

7%

41

85

100

7%

54%
-

135

41

4%
37%

25

*134

30%

*13%

73/4

41

86%

"85

53%

7%

136

4%

100

53%

23,100

93%

*89%

21

17

30 %

25 y8
I

41

'

7%

7%94 y8

*88%/

40% Sep
10% Oct

2434 Jan

25

*134

41%

73/8
94 y«

94%

Rubber
Records
Co

136

41%

7%
96

91

12

22

55% Feb

25%

*134

73/8
*94%

89

17

17% Sep
23

25%

100

7%

*28

*93>/2

7%

July 30

8,300

*89 y2

Deere

97

730

11%
200

*88 V'i

33% Jan

Apr 24

14%

U 3/8

*170

100

30a/8 Jan

74

13%

11%
200

100

18

85% Dee 30
-

7%

A

series

15

553/4 Dec
Mar

53%

7%

Deep Roclc Oil Corp

Denver &

*70

53%

7%

series C

% Sep

7

11%
*170

54 y2

series A

3.75%

28% jun

Aug

14%

*14

11%
200

10

2

11% Oct

14

11%
*170

7%

pfd

(The)

4.60%

11

23

14

11%
200

*53%

Inc

16

&

14

11%

1

No par

Daystrom

23

14

*170

95

1

Davison Chem Corp

Jan

-

2,600

7%

preferred

Jan

52

11,600

72%

*94 y8

common

97% Feb

34 Ma Sep
4
35l/4 NOV 24

22%

713/4

1

92

3

21

71%

No par

Inc

92

2

22%

71%

1

common

common

3

21

21%

72

No par

28

Jan

22%

71 %

900

Apr

43

21%

72%

2,000

Jun

31% Jan

22%

72

28%

86

28% Oct

220

22%

*273/4

29

Decca

6.800
*'

103

28%

57

Dayton

2,100

35%

*101

28%

16% Jan

12% May 14
47% Jan
5

29

35

35%

28%

15

14

28%

28%
103

29 %

19

15

34%
*100%

*283/4

17

Dec

28 y8

34%
101

Drug Stores Inc—2.50

Sep

7% Sep

28%

34%

5%

convertible

34

28

101

9%

83

63% Jan 25

16,100

53'A

82% May 28

16

1,000

11

5%

9

16

27

10a/4

9%

19

Oct

26%

11%

52%

99%|Jun

Apr

26%

10%

5%

96% Jun

8

26%

11

9%

28

39

26%

10%

52%

21

July 15

100

26%

9%

liy« Dec

96

93

53/8

Jan

2

1,600
9,500

52%

A

Preferred

'91

'1

9%

49

Mar 16

93

2,600
'

28%

52%

313/4 Jun

40% Nov

28

9%

33/4% preferred series A
Davega Stores Corp common
5Vo

*913/4

28%

52%

preferred

Corp

y»,

9%

Curtiss-Wrlght

Dana

28

3,300

53%

Cushman's Sons Inc 7%

22

1%

16

9%

Cutler-Hammer

29% Sep

3%

1%

80

53%

15

83% Dec

33/4

1%

>

.

5

17

8

15%

3%

DAY

loo

Inc

Jan

2

16%

2,000

5%

Apr

May

10

176%

1%

10

NEW YEAR'S

-

35%

101%

4,100

CLOSED

33/4

93

28%

34%

175

EXCHANGE

5%

43

Jan

28%
101

176

89%

15%
•

28

*91%

88%

830

5%

Publishing

Prior

11%

*27%.

26a%

10%

f

91%

263/«
-

i

1%

89%

900

2,300
STOCK

5%

preferred

Class

28%

3%

%

lo

common

preferred
Press

Curtis

10
100

138
-

100

pi eferred

92% Jan

85% Jan
88.

pfd

noil-cum

Cudahy Packing Co

27 y* Mar 20

23

3l3/4 Sep

33% Jun

10o

Cuban-American Sugar common

4

12

25

preferred

8

2

58% Aug 13
16% Aug
6
36% Dec 12

par

6

9% Feb

15% Mar 11

5

common

o

91%

2

2.50

5

8% Apr

Dec

Corp

convertible

4 '/2 %

28

•

15%

3%

*1%

1%

No par.

Zellerbach

15%

3%

l'/4

25

preferred

174

16%

•33%

100

of Wheat Corp (The)
Crown Cork & Seal Common

723/4

174

-

1

1

Cream

Cunningham

4

16

Corp

common

33%%. perferred

7%

73%

1

International

Cuneo

131

174

1

Inc_

5'/e

73'A

100

Jan

57% Feb

9

common

Jan

15

16

Works

17

13

19

44

21%

62

29

6% Sep

36% Dec

44

21%

61 %

36 y8 Jan

95

24

44%

21

62

12ya Mar 19

23 '/■ Sep

19

433/4

20%

61 %

185

21

1

33% Feb

44%

20%

62

34% Jan

7

22

44%

21%

21

10

Dec

45

Cosden Petroleum Corp

10oy2 July 28

49

6i y»

Cum

Mar 17

*48%

203/4

31

64

49

*44%

24

8% May 21

*48%

1

Electric

Cuba RR 6%

15

20 »4
49

50

18

Jan

13% Dec

33% Feb

6

*48%

20

3% %
Corn

Mar 17

20 y8

49

Corp

Dubilier

21

Sep

series

6%

*48 y2

Exchange Bank &. Tr Co

$4.20 preferred
No
Crucible Steel of Amer common

39% Dec 23

May 15

3,700

Crown

15

22

13% Apr

20'A

17

31

7% Dec

51

20

5o

series

16

5% Sep

44

3

20%

5%

$2

93% Dec
49% Sep

10

19

20

Nov

27

24% Sep
132% Dec

24

32% Mar

2

29

Jan

543/4 Dec

21

5,300

20%

pref

15

8% Mar 20
99

3

20 »/2

6% Sep

52

16

Dec

Jun

5 % Sep

2

123/4 Jan
32

20

93
Sep
49% Jan

180

653/4 May 26

9% Aug 27
Feb

11% Dec

18

73/4 Jan

26% Apr 24

Jan

5
25

28

103

30

Feb

190

353/4 Dec

May 18

30

20% Jan

15% Sep 25
129% Jan 19

91

20 3/4 Sep

36% Dec

27

22

1,600
3,900

223A

2

9

Oct

15%
20

21

91M> Jan

99 'A Jan

15%
19%
22%

Jan

20

v7,200

15%

Coty
Coty

Mar

523/4

22%

Crane

Jan

2

513/4

20

3

5

21,200

19%

34 Y» Apr

1% Nov 30

25

16

1,100

7%

15%

31

18 Vb Nov

29

75%

7%

22%

19

161

3,600

75%

73A
53

15%

25
9

513/4

75

22%

Corning

Nov

7%

20

21

Jun

743/4

7%
52%

51

5,900

,

15%

90% Dec

78

73/8

•

10%

19%

Corn

963/4 Jan

52%

103/8

10%

Shares

7%
19%

223/8

Cornell

98

Corp

,

7%

52%

7%
*18%

16'%

15

8

^3%

7%

5

Delaware

10%

7%
19

23%

30

15

10%
74

73/4
*18'/2

20%

26% Mar 25

14

103%

74%

7%
19

the Week

Friday
Jam. 1

15%

68 Vb Jan

V* Sep

10%

73%

1

of

Dec. 81

20

15

1

*183/8

Sales f»r

Thursday

*223/4

Preferred

Apr

7%

18%

8AL1 PRICES

Dec. 30

Corp common
5
Copper Range Co
No par
Copperwfeld Steel Co common
5
Convertible

93

3

38 % Jan

,

55% Jan

2

4

7%

18 3/«

10%

5

10

Cooper-Bessemer

28

93'/a Sep

Sep 25
Apr 15

"4% Nov~26

"5% Jun~12

Jan

Fibre

HIGH

Wednesday

Dec. 29

73%
&

AND

Tuesday \»

Dec. 28

14

18

15% Dec

-28% Oct 30

27 Va Feb
52

6

27

67 % Feb

23

1

Jun

70

22

93

65% Feb
166

28Vb Mar

26'/2 Jan

30

17y#

66 % Nov

22

6

43% Dec

63

Monday
Par

Continental Cop & Steel Ind com—2
5%
convertible preferred
25

82 >/2 Jan

2

Dec

203/4 Mar 17

16

12

23'A May
44

STOCK

16

4 8 :,/8

25

29 y» Jan

10% Mar 17
*

YORK

Monday, January 4, 4954

Continued—Page 4
LOW

EXCHANGE

Jun

67

28

10 % Nov

7% Apr
56% Jan

NEW

7% Sep
Oct

81 y2 Nov 26

11

•

Highest

18% Jun 30

7% Nov 17
16% Feb
'

Lowest

Highest

...

Co

5

No par

10

-16y4

16%

*90

16

22%
8

16%

100

643/4

64%

*64%

65

50

*71%

73%

*71

73%

y2,

22 3%
*8

i6y«
65
*71

91%
22%
8

16 Vb
65

73%

*90

22%
8

91%

22%
8

16i/8

16%

65

65

*71

73%

17,600

50

2,100

3,700
22,400
300

Number 5287 ...The Commercial and Financial Chronicle

Volume 179

(15)

NEW YORK STOCK RECORD
Bange for Previous

,5% May
,10 Va Nov

111

1% Dec

NEW YORK

Hignest

6% Sep 15

1

7% Dec
15 Va Mar

10

Sep

14

14% Mar

Evans

13% Oct

12

Nov

10

16 y8 May

Eversharp

39 y2 Sep

55% Dec

3Va Feb

16

2

15

9% Mar

14

Jan

Eureka / Williams

59% Mar

2

3

LOW

STOCK

SALE

PRICES

Sales for

Tuesday

Wednesday

Thursday

Dec. zi»

Dec. 30

Dec. 31

Corp

the Week

Friday
JaTi. 1

Shares

—5

8%

8%

8%

8%

9%

5

11%

11'A

11 y8

11 >A

11 %

.11 VA

11 Va

11 %

1

Products

12

12%

12 y4

12%

12

12'A

12 Va

12 '/a

49 Va

49%

49%

49 %

49%

49%

1,600

2 'A

2 'A

2 Va

2 Vb

2%

200

21%

21'A

21%

Co

Inc

Exchange

HIGH

Dec. *8

Par

Ex-Cello Corp

July 13

AND

Monday

EXCHANGE

6

22
May 17

44

Range for Year 1953
Lowest

Highest

Jan

s

STOCKS

Year 11)52
Lowest

3

Buffet

50

2.50

Corp

9

50

*2'A

2y2

9

9 Va

1

*2

..14,200
2,100

2,700

,

■t

21 y< Oct 29

27% Jan

7
Sep 12
20% Sep 29

23% Jan

21

12% Jan

3

16'A Jan 29

2

19y8Juri

53% Nov

28% Mar 25

Fairbanks

par

21'A

10% Mar 25
22% May 11

Fairchild Engine & Airplane Corp.l
Fajardo Sugar Co
20

13

9%
17
*15%
17%

16% Mar 24

15% Jun 17

4

57% Dec

5

14
15
29

14% Oct

11

15% Jan

Sep

6% Sep
16% Dec

3

7% Nov 12

19

57

Jan

23% Oct

29

30.% Dec 23

12% Feb

28

ley* Dec

9

10% Seo

Mar

19

60

Dec

9

48

Oct

9

66% Mar

9

6% Dec

2

40

Sep

14

3'A Dec

31

53% May
7% Apr

4
1

4% May
56

1

76% July 21

Apr 28

24% Dec

16

37% Feb

26% Nov

21

47

Jan

3

106

,11% Dec

19

100

25% Nov
68% Mar

,50

May

104

Jan

Sep 25

16% Jan 19

3

-

2

Apr 23
47% Dec
2
13

Dec

101% Aug
24 Va Sep
24% Dec

1

13

Mar

2

Jan

15

29% Jan

2

86% Jan

5

18% July 30
75% Jan
6

15
l

107
54

18

4%%

21

25% 8ep

18

93

Sep

10

Feb

Aug 24

24% Feb

21% Jun 10

29% Dec

7

20

31% Jun

Mar 25

Florida

Power

13% Jun

3

16

23% Jan 30

11% Dec

31

39% Oct 21
17% Jan
6

100

22% Feb

11

31% Dec

3

Food

98% Dec

92

99

Jan

5

43% Jan

2

.1

11

38% Oct 29

56% Jan 28

95% Oct

16

114

Jan

Sep 16

33y« Oct

6

81

Jun

90% Jan

2

98% Nov 26

89 4

17

24% July

1

14% Sap

15

12

Dec

19

19

18

6% Dec

29

10% Jan

9

9% Dec

30

39% Sep

1

29

Feb

13% Sep 30

$4.20 div

Jan

12

18% May 21

10

22% Apr
75% Jan

27% Aug 11
84y» Mar 20

21% Sep

15

27% Mar 24

68

22

79

4
10

May 15
Dec

pfd

cum

"

of '51-

ser

Jan

6

4%

*50'%

STOCK

%

5^ %

EXCHANGE

24%

oU

13%

57%

*47

49

*47%

49

23%

23%

39%

39%

99%

99%
s

CLOSED

8 Va

23'A
39'A

l

3%

23%

8 Va,

NEW YEAR'S

M

23%

!

39

300

;

39%

99%

l8 'A

100

DAY

3%

23%

39%
100

100
:

3%

5,600

13,300

*56%

3%

2,700

"

14

57%

3%

8%

2,400
700

*55%

3%

>;»

14

17%

24%

24%

13%

16

17%

48

47

ij

16

*

52 %

23%

14

25,700

17%

57%

*55

5,300

10

17%

99%

7,100
800

4,700
100

8%

!*«%'

20%

20%

20%

20%

20%

77%

77%

77

78

77%

14%

14%

1:4%

14%

15

x643A

64'A

64% v65

A.

iv}

77 %

14%

yf fc>

20%

64%

65

106%

106%

*52%

54'A

*106

107

*106

6,100
1,000
*

<

t

I

"

9,300

■

'

'

'

4.40Q

107

52%

52%

52%

7'A

7% 1

7%

.

3,700

7%

7%

20

52%

300

8

25%

1'

■

8,500

'

25%

26

25 %

*98'A

100

*98'A

100

*98'A

17

16%

17

16%

16%

2,600

28%

28%

6,600

25%

16%

16%

29
39 'A
12'A

28%

28%

28 3A

28%

39

39'A

38%

39'A

25%

5,800

100

39'A

4,700

12%

12

12%

11%

12'A

6,700

*30%

30%

30%

31

30%

31%

15
10
100

*91'A

94
39'/2

*92

94

39
12

39'A
89

89
96
19'A

*94'A
18%
6%

38'A

89%

46%
*11 %
68%

90

94%
18

18%

6%

6%

10

5,400

69%

10%

10%

46'A

45'A

45%

11%

11%

11%

400

23

23

23'A

4,200

*68%

23%

69

6,800

6%

6'/2

20

19%

22%

11%

23

6%

870

95 Va

19

*45%

46%

11'A

89 %

*94%

7,400

*11

10

45%

6%

38%

88

94%

18%

1,800

94

37%

91%

95

18'A

*94%

23%
69

23 Va

38'A

38

89%

*92

94

*92

39'A

6%
10'A
46%
11 %

* 10

1

12

38%

•mmi

30%

common

preferred

17%

*50%

23%

13%

16 Va

17'A

52%

23%

*15%

16%

100

Co

17'A

21%

9%

17%

*30 'A

___

Trailer

16

i7y8

21'A

10

17 Va

1

No par
;
10

common

Food

27

96% Jan

46

14

Inc

Fruehauf

103

9

15%

9%

17%

28%

"

Machinery & Chem Corp
3%% convertible preferred
3%% preferred
1
100
Foster-Wheeler
Corp
10
Francisco Sugar Co
No par
Franklin Stores Corp
1
Freeport Sulphur Co—
10
Froedtert Corp
1

35% May 20
13% Dec 23

Jan

Stores

23% Jan 20
13% Apr 15
13% Apr 13
51% Mar 17
14% Jan
9

Jun 26

17% Nov

Florida Power & Light Co
Steel Corp
Fair

-

10

9%
16%

65%

106y8 106Vs
53% 53%
'7%
7%
25%
26%
*98'A 100

~

7%

Corp

Follansbee

24% Dec 31

9

65

No par

Florence Stove Co

14% Oct

31

14%

(The)

19% Apr 18
92% Jan 10

Dec

76%

Carpet Co——
-5
Flintkote Co (The) common.No par
$4 preferred
No par

27

32^
100

preferred

First National Stores
Firth

11

16 %

3

20%

„1

—■

Firestone Tire & Rubber com—12.50 '"

Oct 26
Dec

Corp

24
13%
57%
48%
3%
*23'/2
39%
99%
8%

21

'

13% Mar 17

34% Nov 19

25% Jan 25

Filtrol

21%
»10
17%
16
17'A
52 V2
24%
14 y8
57 y2
48'/2
3%
23%
39%
99%
.
fHA r.i
21'A
77%
15:%

*50/2

preferred series B
50
Fansteel Metallurgical Corp—No par
Fedders-Quigan Corp common
1
5 %
conv cum pfd ser
A1
50
5%% conv pfd 1953 series
50
Federal Fawick Corp
2
Federal-Mogul Corp
5
Federated Dept Stores common
5
4%%
preferred
100
Felt & 'Tarrant Mfg Coil
.115
Ferro Corp
1
Fidelity Phoenix Fire Ins N Y
10

5

7

Oct

May 8
7'/* Dec 30

7

2

July

Jan

1
1

5%

27% May 21
48

105

41

30

32% Mar 20

7

1

53% Sep
101% Jun

107

18
May 20

Oct

67% Sep 14
13% Jun
8

74% Dec 30

12

18

8% Dec 29
19

83% Nov 20

1

9% May 17

19% May
17% Mar

94,

14

34% Apr 14

15

35% Sep 14

26

38 y2 Apr

27% Sep
96

22

3

Dec

7

34% Mar 13
„

Brewing Corp_
Family Finance Corp common

9

48% Feb

Jan

No

Co

&

Falstaff

8

48% Jun 24
21% Sep 21

3

Morse

70

68%

69%

9%

10

2,900

'J

800

240
'

G

1

*
■

5% Dec 30
*15

4
8% Jan
19% Dec 15

May 15

6% May 15

8% Jan

4% Sep

8

15

15% Sep
6% Sep

15

20% Jan 28

Gair Co Inc

15

Gamble-Skogmo
Gamewell

7% Mar

3

Gabriel

Co

39% Sep
5
26% Dec 31

33% Dec 30
20% Jun

10

27% Jan

22% May 20

26% Dec

21

28% Jan 27

Gardner-Denver

22% Feb

34% Dec

21% Sep
22% Sep

15
3% Sep 14
25% Sep 14
21% Aug 31

33% Jan 20

Garrett

36

Apr 16

18

May 15
5

15

8'

8% Jan 22

5% Sep 18
32% Nov 17

41% Jan 22

24% Oct 15

33% Jun 25

26% Feb 21

31

102

July

51% Jan

*

37% Mar 12

6

18

General
General

15
19

Feb

28

142

18% Aug 14
11% Nov 28

July

17% Jan

155

1
5

5

Jan

Mar 24

115

Jan

9

78

Jan

79

May

9

Dec

22

29% Sep 16

35% Mar 25

15

16% Jun

10

19%<Jan

2

Dec

28

129% Apr

2

9

liy2 Dec

7

124 % Dec

1

117

preferred

General

8

4%

preferred
-100
2nd preferred—1
50
Inc com—No par
preferred
100
conv

General Cigar Co
7%

General

24% Jan

45% Dec

19

37% Jan

48% Dec

19

54% Feb

72% Dec 31
11% Dec

7% Jan

31
*

22

8

41

Apr

53% Dec

V 90

Jan

16

96 y2 May 22
11% Dec 12

62% Oct 20

60% Dec

110

Jan

105

Apr 18

2

18

61% Dec
94% Jan

14% Mar 19

General

Instrument

17

61

General

Mills

Jun

July 28

'113% Jun 22

124% Jan

Dec

>

119

9

3
2

24% Aug 15
50

^6% May 14

11

Jun

91
Sep 15
21% Sep 15
42 y* Aug 31

24

Nov

34% Feb 20

106

24% Aug 29

21 y« Sep
55% Dec

20

4% Dec

8

3% Dec

10

20% Jan

3

27% Dec

1

23% Jun
25

■

18

25

10

36

Dec

126

Dec

«

29

8ep 30

10

Jan

93

4

5

'

$5

59% Dec

100

100
5

common

—No par

—

16

5%

9% Oct

28

32 y* Jan

2

14% Nov 14

18 ya Jun

30

96% Jun 23
12% Sep 15

x86

Jan

8

23

Dec

42% Jan

79% Dec 30
18

Apr

15

32% Oct 27
7% Sep

138

100

15

10% Mar 25
21% Jan

9

38% Mar 20

18

6% Dec

15

8% Jan

30

139% Dec

18% May 22

55% Feb

20

77% Dec

30

May

5

54% Dec

31

Jan

3

11

Sep 14
60% Sep 21

19

Mar

80% Jan

104

49% July

6% Jun

*92% Sep

9

27% Feb
Jan

2

Co

5

16% Dec 22

19% Mar

137% Dec 30
61% Oct

149

31

Jun

4

27

67% July

2

Mar 28

41% Jan

8

19% Nov 10

26% Jan

22

36

30

56

29

58% Mar 25

Gt

17% Oct

1

19y* Mar 2V

Great

141

Mar

-13

For footnotes




Nov 28

96% Apr
see

page

7
22

12% Jan

46

13 "A

12%

80'A

81 y2

'47%
108

*104%
*80

13%
■

82 %

10

46%

47

105%

12%

13%

12%

*80

10%,

10%

10%
28%

1

6%

F)

6%

6%
139'A

*135
14%

*135
14 %

15%

2

cum

conv

Co

6%

6%.,

139%

139'%.

30

14%

14%

14 %

14%'

5,100

76%

77

76%

77'/4

6,900

54

9,100

6%

6%
*135

77

76%

77%

53'A

53%

53'A

53 34

53 "4

105%

105%

105%

*105'A

105%

105'A

105'A

200

4%

4%

4%

4'/a

4%

4%

4%

6,100

*105

4%

4

*49%

.No par

27%

No par

Co

51

49

50

49

49

49

28 VA

27 VA-

27%

27'A

27%

27%

28

1

1 'A

1

5

100

7%

7%

7%

34%

34%

34%

700

14%

15'A

15

15%

15

15%

10,800

86%

86%

86

86

85'A

86

34

34

34

34

34

34 Va

95

95

95

70

8

12,000

33 3A

34

94

94

1

*93%

95

*93%

8»A

7%
29%

Prop.._No par

7%

8'A

7%

29'A

29%

28'A

7%

P

29%

29

6% pfd
Sugar com—..No

Greyhound
4

4V*%

1

Tap & Die Corp..-No par

Corp

preferred

(The)

600

17

17'A

54%

54%

300

45%

46%

12,300

17'A

17%

3,400

46%

45%

17'A

17'A

17%

17%

/

132

78

*76

7,100

17 Va

45

132

800

29%

55%

17

17%

*76

2,800

*54%

46%

132

131

78

*76

50

131

132

132

78

78

78

31

30%

31

4,200

20'A

20%

1,200

13 34

12,300

30%

30%

29%

30

30%

21'A

21%

21'A

21 Va

20 y8

20%;

50

.

•*

—

3
—

17'A
55%

17'A

100
-

17

*54%

29

46'A

*131

Inc..

Common

7

17'A
54^%

46

par

-

(H

14% Dec

17 y8

54 3A

25
.No par

1,300

7%
34 %

'

Ry

Co

l'A

7%

34%

88

No par

com

preferred

Bay & Western RR—
L)

/

'

7.%
34 Va

*863A

100

_

l'A

"

2.800
67.200

15%

15'A

5

common..,

1

7%

*34

'

'1 Va

1

34%

7%

10

900

50'/2

'

_

_

(The)

preferred

preferred

95% Jan

3,200

6%

139%

14%

139%

54

No par

Green

2

7,900

513A

-No par

—

Green

87% July 31

5.800

76'A

_

Western

Greenfield

200

10%
29

10

2
<

84%

Rubber

&

& Co..

(W T)

Northern

7%

15,200

10'A

28%

100

3,600
400

13%

28%

10%

28%

25,700

108

*80

82%

28%

-10

47 V*

*105%

10%

Inc.—-

10 Va

10

10%
47

105%

29'A

31

-

11% Jan
*93% Sep

10'A

9%

10
48

105y2

10%

Dec

23% Mar 29

18

75

*72%

75

13

5

40% Jan

19% Sep

74%

1

Great Northern Paper Co

9

78

*72%

*73

4,000

77

74%

28y2

Gt Northern Iron Ore

Nov

15
29% Dec 22

♦75%

'

Dec

64% Apr

77

common..No par

preferred
Grayson-Robinson Stores

45

128% July 17

*75%

Nopar
—2.50

33A%

52

Nov

28%

76%

*72 %

28%

29 %

29%

Granite City Steel common.. —12.50

19% Nov, 27

28%

28%

*74%

9%
47'/2

Hosiery

Union

$2.25

102

*98%

102

500

.No par

Tire

(WR)

Grant

*98%

42 VA

42 "A

42%

2,100
140

76V2

Gould-National Batteries Inc

,5%%

102

*42

26%

29%

common

(B

100

*98%

29'A

100

Telegraph Co

preferred

Grace

3.800

1,400

*74'/2

xlOS'A

(The)

Co

26%

26'A

26%
100

29

100

1

7

$5

Gotham

39% Mar 17

14% Jan

25'A

58

preference..No par

convertible

4

23

25

*98%

31

Dec

900

2.50

com

97% Feb

57

49

*98'A

100

—i

Rubber

&

34'A Dec

16% Nov 28

48%

102

preferred

29% July 16

2

48%

490

86% May 22

13% Jan

48%

1,100

28

46% Feb 27

48%

25%

98% Jan

16% Jan

•48'A

25%

5

22

200

48'%

25 VA

20% Jan

30

400

22%

25 Va

Common

108% Feb
4
9% Jan 20

Dec

94%

22%

26%

Goebel Brewing Co

2% Mar 25

7

94%

22%

25%

7

28% Dec

95

*22%

44%

14% Sep 15
85% Oct 15

22

*94%

22%

26

Grand

Aug 14

95

*22%

44%

common.No par

Graham-Paige Motors..
Granby Consol M S & P

Dec

*94 Va

22%

26

Corp

25

39

1,600

95

8.800

30

8

119

95

87 y2

9Vt Feb

31% May

119

30

33,100

44%

34% Dec

18

11% Mar 17

119%

59%

86%

19

May 26

119%

!

123

<

44%

34% Dec 10

21

91

119%

120

*119

59%

59%

44%

18

30

X119'A

*119%

•

123

58%

87

6% Jun

104% Jan

s

120

*119

58%

1,700

86%

26% Jan

30

*119

122

'

44 Va

15

24% Jan

18% Oct 25

120

58

61

44%

May 26

33

120
*118

400

60'A

42%

99

30

..

60

4,700

43%

9% Feb

2

27% Oct

60%

60

59%

3,000

9,%f-10'A.:

86%

Gold & Stock

Mar 19

1

93%

f

42'A

Goodrich

22

60 Va

*92%

60%
93%

,10%

300

87'A

Goodall-Sanford

Dec

.

9%

Time

Glidden

61% July 21
33% Mar 4

1

.•10

9%
59%

9%

4,400

25,300
2,300

43

8

.Oct~23

*92%

10%

87%

87

5

24% Sep

~2

59%
93

38

86%

43

3% Feb

29

59%

59%
92%
XlO

35%

38

2,200

29

Dec

9%

35%

39

21%

Dec

49

9%

86

20%

4% Dec

60

8

9%

35 VA

86%

35

*37'A

20%

4

2

86%

20%

15

29

37%

85

20%

Sep
10% Jan

108

6% Nov 17

69

35%

37%

20'A

43% Sep
102% Jun

15

34%

600

20%

Gqodyear
40

110

Dl VA

11'A

20%

Nopar

preferred....
Gleaner Harvester Corp

31

27

35%
38'/a
87'A
9%
60

11 VA

*11

7.900

$4.50

20

130% Jun

15% Oct

11 'A

12%

Glmbel Brothers

2

14

•

99

4'A%

$5

16

23

11

12%

10c

preferred
3%% preferred
Georgia-Pacific Plywood Co
Gillette (The) Co common

14

24

Nov

;

1

27% Oct

1,500

99

General Tire

May 11

1

700

DAY

121

Corp
1
Castings $6 pfd
Nopar
Telephone Corp.—t
20

4'A%

Sep 18
34% Mar 11

24

8y8 Jan

8

124% May 24

Q"

82% Oct

NEW YEAR'S

18

121

119

119

30%

12%

Shoe

13

17%

27

General

79% Apr
10% Sep

73

30%

17%

98%

Apr 23

Dec

30%

12'A

Refractories*

18% Jan

117

*71%

73

17%

26%

General

49% Dec

117

-

98%

3

106

18

30%

30%

17%

12%

15

5

30

12 v2

99
Sep
22% Sep
74% Dec

99% Oct 28

*71%

73

*71%

13%

3

34% Sep 25

3,300

11'A

26%
*98%

100

—

102 y2 Jan

23% Jan

l.ioo

CLOSED

13

preferred
>—
Realty & Utilities

General

9

EXCHANGE

10%

11,900

31% Feb

14% Nov 10

18%

10'A

29 Va

22

93% Apr 22

——

18%

10%

28%
26%

25% Sep

30% Jan

—

18%

10'A

29%

2

July 29

STOCK

144

18

28%

Corp—

General

Dec

*142

144

18%

10'A

29%

16

76

*142

144

17%
10%

29'A

35% I Jan

69

*142

General Public Utilities Corp.
5
General Railway Signal com_No par

22

18

4,300

22%

Gen Steel

77% Feb

5,100

10%

19.500

General

31

40%

10'A

3%

96% Mar 16

71% Dec

39%

10%

25%

Oct 21

85

40 VA

10'A

58

45% Nov 25

.

40

104

39%

10%

3%

25% Feb

8

*103

39'A

10

25%

6

16

104

*103

104

39

57%

30

3

*103

3%
293ls

86% Dec

Mar 10

8,400

58%

34% Jan

Apr

3,800

20%

25%

7

89

700

25%

3%

4

31

26%

25%
20%

58%

17

3

26%

25%

35% Dec

26

14,700

3%

45% Dec

15

4

58'A

104% Jan

Jan

26

200

1,200

25%

3%

3%

2

Jan

25%

4

3%

25

81

25%

3%

25 y2
57%

Jun

24% Oct

25%

4'A

4

3'A

36% Feb 21

100

25%

25%

57%

29% Jan
Dec

22%

25y»

2

27

*22

1

Eqp

Dec

51

22'A

26'A

93
10'/2
10V2
59%
60
*118% 120
*118
122
58Va
58%
119% 120

-No par

preferred

Corp

Precision

Dec

92

22VA

$2.90 convertible preferred-No par
Public Service
10c

25

15
40% Nov 12

22'A

93

1

General

3

8ep

*22

20%

'*48

20% Jun

19

23

20%

1

4

14

*22%

25%

General

28

37% Jan

preferred

11% Sep

2

22%

26

General Portland Cement Co

5

100

May 11

*22%

26'A

35'A

.Nopar

common

Motors

9

10% Jan

23

26%

9%
59Vi

Corp

convertible

f % Jan

*

*22'%

34

20%

'

21

4% Jan
29% Dec

-

33%

26

Preferred $3.75 series——No par
General Outdoor Advertising-No par

25% Feb
5
54 % Mar 30

900

34

34

26

*38
86%

preferred

3%%

General

27% Mar 23

8

-Sep

5%

14

99% Jan 14

10

114

2

Jan

123% Jan

15

Feb

9

69% Feb

53% Sep 15
-112% Jun
2

125% Dec 29
100% Dec 22

Jan

~J%

Jan

125 %

119% Jan 11

Corp
General Foods Corp com
$3.50
preferred—

31

52

34

3,900

20

1
Nopar

Finance

2

3,100

34

1

20%

Nopar

Co

9% Dec

69% Dec 30

20

General

16

6%

27
26%

/*11

_10

common—3
conv)„Nopar

cum

Electric

120

*94% Jan

($2

General

•88% Jun

9

21

Feb

50

Preferred

3

11% Feb 26

'

;'«% Jun

Corp—
preferred.,

General Dynamics Corp

48% Mar 24
92 Va Dec

6%

Contract

series

6%

4 6'A Mar 24

July 28

35% Jun

66% Apr
6
8% Sep 15
50% Jun 23

No par

1st

4%

3,600

6%

103% 104
39
39%
loya
10'A
*142
144
18%
18%
10'A
10'A
*71%
73
*30 Va
30'A
17%
18
117
117'A

5

Corp—
Corp com

5%
19%

20'A

No par

.

Bronze

Cable

6%

6%

5%

19%

*26y2
26%,

Investors com—1

100
Amer Transportation—2.50
Baking Co common
5

General

Mar 25

33

10

$8

American

6%

5%

19'A

5'A
19

19'A

19

4y8

4

preferred

14

20% Dec

8

Jun

16% May 25

$4.50

22% Mar 17

9% Sep 15
70
May 6

10% Nov

74
*29

25%

__1

14% Mar 18

Sep
Nov

159

25%

com

40 % Dec

31
10

13

Inc

104% Feb

14

12

2

(The)-

Industries

General

11

Nov

Corp

Wood

4%% convertible preferred
50
Gaylord Container Corp
1.66%

13% Dec 31

15% Feb 27

22%

29% Mar 24

63% Dec

149

22%

Co

27% Jan

Dec

105% Oct

17

*22%

.—5

(The)—

22

20

9

Apr

Gar

Co

98% Jun 24

27

3

11

9% Jun

Jun

7% Mar 12

6%
34 'A

Inc common
convertible preferred

5 %

2

5
50

common

.

5%

5%

5%
19'A
6%
34'A
23'A

1

„

(Robert)

8% Apr 13
38% May 19

1

5'A
19'A

No par

(The)

13%

10O

*91%

15

13%

13%

13%

13%

13%

92

92

92

90%

92

13 %

*90%

92

;

310

/

16

The Commercial and Financial Chronicle.

(16)

NEW YORK STOCK RECORD
Range for Year 1953

year 11)51

Lowest

r

Lowest

Highest

23 % Apr
7

Dec

10

25

Feb

20

38% Dec

63

Feb

27

77

19% July 28

31% July 15
13 % Mar 21

25

46% Oct

YORK

LOW AND HfGH SALE

STOCK

29

8'/a Jan

9

Grumman Aircraft Corp
Guantanamo Sugar

26% Dec

29

38% Jan

5

Gull

28

66% Sep

21

77

5

25

Nov

28% Jan

31

41 %

14

Sep

Jan

Thursday

Dec. 30

Dec. 31

23

1

23%

23%

23%

23 Va

x

u

4%

4'/a

4%

4%

4%

4%

4%

23%

23

27

27 %

26%

27%

2,6%

27 Va

preferred

No par

68 Va

68 %

67%

67 V2

67%

25

45%

46%

44%

45%

45%

45%

Corp

the Week

Friday
Jan. 1

Shares

23%

12,000

4%

4,500

27%

10,800

67%

Gulf Oil

50% Mar 27

Wednesday-

Dec. 2!)

Mobile Ac Ohio RR com_No par

$5

Sales for

Tuesday

Dec. 28

Par

4% Dec

TRICES

Monday

EXCHANGE

23

58% Jan

16

NEW

.

Highest

Monday, January 4, 1954

Continued—Page 6

STOCKS

Range for Previous

**

27

'

45%

500

46%

16,100

26 %

2,500

Gulf States Utilities Co—
20

97% Jan
98% Jan
105

16

16

103% Jan

16

$4.20

dividend

preferred

100

100

*

105% Jan

8

$4.40

dividend

preferred—

100

"104

105 %

*104

105%

104

preferred

100

*103

104%

*103

104%

104%

35%

*34

35%

July
Jun

97

28% Dec

1
24

90
92

105

2

Dec

22

Jun

May 7
106% May 20

103

3

Dec

16

2

July

105

Jan

Commo.n

$4.44

8

;—_—No par

dividend

26%

27

*98%

100

26%

26 Vs

26%

*98%

28%

93 %

26%

100
104

*98%

100

*104

104%

"20

105%

*103%

.

105

20

H
30% Mar 26

33% Dec

24

15% May 26
11% May 29

17% Jan

3

68

■

May 26

81

Feb

19

61 % Dec

Nov

17% Sep

9

12% Sep

*14

102% Jan

23

26% Oct

23

139% Oct

2

142

23

26

107

5% Oct 29
33

Oct

Jun

5

Jan

30% Dec

30

Halliburton

2

18% Dec

31

Hall

14

Jan

23

Hamilton

30

71

Jan

30

15

16% Jan

5

105% Feb

10

8

15

31

Feb

9

Feb

4% Sep
31% Dec

4

29

14
24

36

2

Sep

14

Dec

23

1

1
26

11% Jan
17

7%. Jan
23

5

Jan

(M

6%

8 % Mar 12

36% Mar
12% July

'„{*

Jan

30

9

Hazel-Atlas

2

21% Dec

7

29% Jan

2

Hecht

May

7

78% Jun

15

87

Nov

5

29 %

May 12

34

Nov

3

31

Jun

22

34% Jan

22

May 20

91

Apr

20

97

21

93% Mar

4

100

Mar

Jan

Co

3%%
Heinz

Glass

Co

21 % Dec

29

34% Dec

14

13% Dec

2

20% Apr

10

66% Oct

31

x78 % Mar

60% Sep

15

74% Jan

6

Hercules Powder

120% Feb

21

126% Dec

Jun

17

9i

37% May 21
51% Jan
9

42% Feb

7

37% Sep

15

53% Oct

15

48% Jun

4

53% Apr 14

23% Sep
12% Sep

29

Hewitt-Robins

11

18% Feb

2

Aug 19

73% Jan

7

21% Oct

22

26% Jan

14% Oct

31

24 % Jan

70

—

24

74

Apr

62% Dec

26

14% Jan
18

113

7
7

62

26

107% Jan

14

72% Sep
15% Jan

6

May 12

22% Nov

22 % Jan

21

11% Mar 31
22% Apr
11% Jan

91

2

D-e

10

Dec

16

$4%

5

33

Sep 3o
Oct

29

12% Mar 11

Hires Co

22

9

Holland

4

4% Dec

30

6

Hollander ,<A)

20% Apr

14

Sep

4

29% Mar 21

25

39

44% Oct

23

12% Oct

11

17% Mar 23

Holly Sugar Corp

Dec

15

28% Jan

30

41% Mar 10

2

47

Odt

5

66% Dec

19

102% May

Sep 22
Jun

16

7

14% Nov

19

35% Jan

21
30

Nov

55
90

7

18

32

8

42

49

3

Aug

96

; 12

May 16

64% Jan
102

Sep 15

17

29

36 % Jan

57% Feb

24

93% Feb
99% Jan

3

103% Jan

13

9

94

Jan

11

102

Mar 25

91

July 17

Dec

23

103% Dec 23

96

Jun

18% Nov

11

Apr

14

54

Sep 15

19% July 28
25% Aug
6
5% Aug 11

14

Dec

12

Jan

16

21

Dec

Jun

22

7

4

Oct

19

8

4% Dec

16

2% Sep

24% Nov

28

18% Sep

Apr

29

54% Jan

8

95

Apr

17

46% Dec 31
88% Dec
109

Dec

19

*35% Apr
7
45% Feb 23

42% Dec

10

50% Apr

17

*47% Jan

53

8

52% Aug 21

101% Sep
35% Jun
44

46

May 21

52
81

Oct
Feb

23

20

21% May
11% Jan

186

Apr

22

29% Oct

22

160va Jan
16% Mar
31 Va Apr
88% Jan
2

Dec

40% May
130% Jan
9

36% Jan

1

97% Jan

3

5% Jan

56% Jan
101

Jan

Dec

23

48

Jan

5

"57%

"95%
109%
13%
32%
x51

3

preferred.'

Min

9

14

41

Jun

29

36 % Dec

8%

8 %

39 %

38%

39

11 %

10%

11 %

2%

2%

19%

19%

19%

2%

19%

cum

RR

5

2

Jan

8

2% Jan

2
5

•"

10

64

55

Jan

40% Feb

7

Shoe

Silver common

Jan.

30% Dec

21

35

4

13% Dec

31

20% Jan

6

International

Telep

3

24

Jun

10

31% Dec

18

International

Utilities

78

4

28% Oct

8

32% July 2
10% Sep 30

23% Dec

29

15

29

9% Sep
29% Jan

28% Dec 31
25 % Jan 30

22% Jun

15

22

39% Feb

5

15% Dec

141 % Jan

13

109% Dec

16

10

33% Jan
30% Mar
Jan

22

/

$1.40

cum

_J>5

Corp

Power

41% May 21
,

I liter type Corp

31% Mar .16

_

-Iowa-Illinois -Gas Ac Elce C0JN0 par

26% Mar 16

Iowa

30% Jan
130

Power

Ac

.—No par

Light Co

10

Island Creek Coal common..z

6

50c

Feb

11

i

6% Dee

16

Jacobs (F I.) Co
...1
Jaeger Machine Co
par
Jefferson Lake Sulphur "Co
1
Jersey Cent Pwr Ac I.t 4% pfd_.100

$6

preferred

t

xl

3 •%

1.000

40%

3,900

40%

40

96%

98

39%

21%

21%

15%

*15%

125%

25 Vs

90

89

247

27%

158%

160

41

11,100

,

4,300

21%
16
25 %

2,100
70

90

14%

242

27

27%
159

*89

14%

14%

200

169

39%

242

5,300
-

700

*96

*166

169

21

14%

6,600
1,000

247

27

19,400

27%

*159

330

160

24%

24%

24%

24%

24%

2,100

28 %

29%

28%

29

%

28%

29%

8,200

*76

79

78%

*76

1%

1%

1%
34%

34%

76

200.

76

xl31%

131%

132

9%

9%

56%

54%

100 %

32%

24%

131 VA

131%

9%

45

100%

6%
47%

6
.

a n

15%

10,400
11,900

I

100

3,400
1:,

650

~

45 V2

45

38%

*38%

38%

38 Va

38%

36%

37%

37

37%

30%

44%

45

600

2,100

-

z'13%

13%

*30%

4.500

31 %

31%

31 Vs

13%

13%

13%

13%

29%

29%

30

30

*30%

31%

31%

31%

24%

24%

24%

24%

1,500

10%

.

v

10%

10 %

10%

2,300

400

52,000

'

*

30

29%
-

.

31

.

31%

.' 23%

24

.

"10%

10%

31%

,

31%

•<

2,200

.

400

'

..

29%

30%

24%

.15 Vi
115

'

-

15%

115

31

29%

29%

29%

24% ; 24%

29%

24%

115-

14,000

IOOV4

37%

'

29%

•

6

f

30%

■i.

31%
25

-

250

9%
56%

56

100%

6
/

9%

56

38%

10 %

13%

131%

3,600
»

'

31%

10%

*112

35%

36%

24

31%
29%

1%

34%

47

6 Va

46%

"*44%

-

j

38

*24%

*100

100%

6 Vs

38V4

37%
,

9%
54%

45%

,

131

9%
56

*100

6 %

45

1%

34%

'

48 %

*30%

1%

1%

34%

31%
-

3%

4

24%

'13%,
30%- 30Vs

25

3.50

27

8 '/a

41%

24%

14%

158%

8Vs
*41 Vs

*15%

239

52

8%
41%

39%

91

14%

78

38%
"

*50%

.34%

44 %.

,_1

Co

*89

46

~

52

96%

,

100

52

*166

20 %

200
1.800

41%
50

r

"100
6%,

5

?.

Interstate.'Dept Stores
Interstate

1,200

54

40

25%

x239

41%
*48%

*51%

3 %

15%

25%

29%

9!%
56

Tefcg.'Nopaf

phi—

conv

18

14

2,400

900

*53%

8

40

15%

91

132r

25

preferred
&

19,700

DAY

4,900

54

*41%

40

20%

15%
25%

1%
34%

—No par

30% Sep
35
Sep

NEW YEAR'S

76%

*51

4

39%

21%

28%

Limited—15

Interna tionul

40%

89j,-

common—7.50

36% July 24

28,100

109

52

8%

39%

V4/2 14%
249 '
246
27% 21159% 159%
24% 24%

100

20% Dec

3,300

CLOSED

2%

*51%

41%

4

40%

40
21

5

.

Paper

900

EXCHANGE

14

*53 va

52

8

x41 %

4 Va

/8

52
54

*51

8%

"15 /4
25 /a

No par

International
7%

*51%
*53 va

97

common

3

..

49%

169

100

Jan: 26

19

42

49%

97

No par

54

1

41%

*166

$4 preferred
No par
Int'l Rys of Cent Amer eom__No par
5%
preferred—
—_}()()
International Salt
__No par

May 129

42%

99

...No par

:

STOCK

"

44%

76

*107%

49%

169

Machines

Preferred

t

20%

44

76
109

98

common

44%

75

*107%

"I66

Inc

International Packers
International

75%

J00

Iron

44%

44%

42

41%

'8

40/4

4%
preferred
10(1
International Mining Corp
1
Int'l Nickel' of Canada eom_z.No
par

10% Mar 17

19

2%
20

*48%

52

8S4

No par

preferred

Harvester

vx

13%

2%
20

107%

No par

common

Co

Business

44

75

54

4

41
4

par

1

8

Jun

t

13%

2%

19%

42 %

*

50

Co

18

27

13%

49%

,,

53

7%
preferred.—
100
Int'l Hydro-Electric Sys class A..25
lilt Minerals Ac Chemical com
5

11

13%

107%

52

50
50

Rayon

Steel

107%

76%

50

Int'I

103% Nov

1

12%

45%

Z/4
43
;48 '?

No par

preferred

2o

Feb

483,8

100

A

ser

common

.Feb

36

*7%

l-x!:"

common.lOO

phi

15

2

13%

No par

20

Co

33% Dec

13

3%

11

preferred

cum

4%%

30

38%

'

RR

Co

Int'l

•132% Mar 11

t

28%

8 Vs

7

47% Jan

t

28%

20

95'/2

102%

11%

5

90

30

29

*94%
r-4 0 0

39 %

Jan

39% Jan

38% Dec: 24

2

94%

102%

10%

i.6.06%

conv

Power

Intcrlake

26% Mar 24

•'

94%
*100%

39

166% Jan

18

95%
102%

900

■

88%

*86

*94%

700

49%

7%

14

19% Mar 11

30

87

3,400

13 Vs
33

11%
13%
2 %5

6% "preferred

254% Mar 17

29

49%

39%

92% Jan

Dec

87

12%

*32%

7%

Corp

6

87%

13

11

Intercbemical

93% Jun

50

39%

12.50

20

45 % Dec

49%

1 ()()

^

...

'

50%

*100%

1

lioncum

Inland

12% Mar 18

5

32%

49%

Ltd—No"par

Ac Sin

Inc

Ingersoll-Rand

59% Nov 16

16

12%

32%

28%

.1

16

Oct

13%

32%

1,100

Ctfs

15

Apr
12% Oct

13
32

3,000

Insuranshares

47% Jun

105

180

26,700

Inspiration Cons Copper

15

13%
51

95%

*99%

240

109%

56%

32%

*85

600

96%

109%

109%
*

57%

*95%

96 %

*108%

3%

10

.

59

96%

109

11%

25

31

58%

•

96%

109

3%

24

Dec

59

*95%

102 %

"94
,

25
,

26 % Nov

76

,*57%

£8

"85

No par

29% Feb

1

59

96%
110

300

11%

24% Jan

22

coin__tf)

15% Nov

128% Sep
9% Sep

Aug 15

126% Oct

3,600

15

3

Jan

25% May 8
22% Apr 17
26% Nov 12

58

3%

Central

Industrial

28

•165

4

61% Feb

16

56%

Indiislria Eledtrica De Mex, S A

7

55% Dec 26

40

Nov

56

Hussman Refrigerator Co

6% Mar 16

137% Aug
14% Jan

36% May 16

8% Jan

55 %

11%

6%

7

57

26

55%

3%

28

28

May 29

25% Oct

55%

Idaho Power Co

1% Oct

47

t!

55%

11%

Illinois

34% Dec

45

30% May 19

55%

-

3%

30

21

68

22

11,600

13% July 17
21% Sep 15

May 15
3% May 6

43% May 28

Oct

33

~

48 Va Jan

21

;

14 Vs

25%

32%

Corp

1

94

19

4

14

25%

33%

11%

Foods

7

14

1

14%
25 V«

3%

noneuin

4.42%

3,900

14

11%

Hunt

21

3,200

12

Hupp

Oct

1,700

14,300

5 Vs

32%

preferred

41% Jan

14

8%

5

3%

cum

17

14%

—

10%

5

4%

—

8%

10%

9

10%

11%

4.70%

25

5 %

5

*31

9

10%

400
2,000

1

8

33

5%

*30

8%
11

60
I

25 Vs

Co..

4.26%

14

*30

67

*

67%;

Manhattan common—100

Ac

Illinois

600

9.000

15

1,900

7

15

27%

14%

69

2,000

Jan

23

14%
*67%

200

14%

54% M<vr 11

21% Sep
27% Sep

*26%

15%

,

66%

52

24% Sep

53%

28%

Bay

S

80

1,200

41

53%

26%

26%

26%

*40%

14%

2

148% Jun

41

54%

14%

preferred

1

26%

122%

28%

cum

23

27%

122

65

4.08%

23

172

*53

14%

5

Apr
23% Dec

2

41

54%

65

4

10

40%

14%

Jan

Aug 13
15

122%

122 %

40%

25%

Motor Car

15

Jun

122%

122%
*53

65

50

13% Sep

2,200

28%

Hudson

Sep

86

69%

14%

Hudson

Apr

224

68%

65%

2

84

24

68%

33%

*

B___No pur

l

42% Dec

4

% Oct 27

42% May

Nov

68%

14

2

35% Sep
18% Sep

July 14

18

68%

64%

Jan

151

246% Dec 29

68

1.900

33

30

96

2,100

*25

3 % Dec

3

100

14%

25

Illinois Terminal

9

36%

14

33%

Indianapolis Power Ac Light__No

29

22

36

14%

33%

13

14% Dec

21%

36%

14

21%

25

22

23 Va Jan

21%

*36

14%

5%
14%

11% Apr

29% Jan

1

21%
36

14%

8%

42 % Dec

4

21 Va
36

15%

Howe Sound

Jan

20

400

95%

10%

19

18% May
1
88 % May 19
15% Jun 16

*93

95%

9

27

19

95%

32%

11

7% Jan

25

*93

2,500

32%

10%

34% Jun

51% Jan

33

19%

4

164% Nov

33

8.400

85

81%

8% Jan

28

33

18

22%

19%

41% Dec 17
8% Jan 30
64 % Aug
5
96% Dec 29

22

*32%

*93

17%
22 Vs

*84

81%

6

41% Oct

84

%

55% Oct

155% Jan

22%

84

17%

19%

(Del)

5

38% Sep 23

18

22

85

22

66

6

52

17%

22%

*84

15%

113% Jan

48% May 19

6% Sep 18
33% May
1
4% Oct 30

17 %

17%
22%

30

66

48 % Mar 25

18

9,800

80

"

49% Jun

5%

19%

10

Co

Stores Corp.

88% Jan

16

May
Sep

5%

5%

1

Howard

5% Mar 19

18

5%

5%

28%

19% Jan

40% May 25
65% Sep 11

23

300

5%

5%

No par

I
36

12%

80

30

Houston Oil Ac Texas

24

32%

*12%

„_12.50

Light Ac Power

17

15

*32

12%

19%

100

1

14

1

32%

*12%

80%

common

7

5%

*31%

13

19%

100

Hudson

32%

*12%

5.

ser

May
17% Jan

Mar 11

"31%

13

80

preferred

Houston

5%

600

19%

100

59% Feb

29

Jan

24

10

2.400

83

preferred..

4%

3,000

22%

82
10%
"32%
6%

preferred

4.40%

14% Mar 11

7

21

May

3%%

24%
133

14%

$2.25 conv preferred
___50
Household Finance common_.No par

5

79

8

16

9% Sep
12% Dec

Howlaille-IIershey

2,700

31%

54

No par

$4.25 preferred
$4.20 div 2nd phi

220

DAY

104

24%
*131

69

10

:

21 Va Jan

.

29

36% Oct

Mar 25

/ 29 % Dec

9% Sep 14
3% Nov 18

66% July 31
17% Dec
3

4

16% Jun

Dec

85

3% May 15
9% Apr 28
52% Apr 17
12% Feb

19

26

13

,

.

30

July 20

80% Jun

22

4

*103

25"

131*/

—__1

Hooker Electrochemical

2

Feb

,116% Mar 19

104

24%
xl31 %

14

common

Honolulu Oil Corp

31

Dec

103

18% Apr 19
58% Oct 30
16% Nov 28

Dec

*103

24%
133

69

j

.5

5% conv preferred
Homestalce Mining

58

5%

104

15

Ac Sons

32% Dec

2

*103

5

7

1

12%

71

.

(Charles E)_

69% Feb

24

41% Jan

7% Jan

12%

143/4

Furnace Co

Apr

103% Oct
32% Mar

Mar

12%

NEW YEAR'S

69

Hinde Ac Dauch Paper Co

16
31

12%

32%

*53^

(conv) ..No par

Corp..,

8% Sep

2

50% Sep 30
94% Jan
2

Hotels

12%

84

"26/2

5

2nd phi

cum

Hillon

18

33% Jan

3

Feb

20

—No par

Inc

12%

*5%

Hcydcn Chemical Corp common...]
3%% preferred series A
100

10% Dec

*26% Jan

18

Mar 27

'

17

27

88

3

25
—No par

common

12%

100

62

5%

-

9% Dec

16

44% Feb

14

5

16% Mar

19% Oct
7

126% Jan

,

14

Jan

21

preferred

62

95%
*93
21%, 21%
35 %
35%
14%- 14%
68%
68%
123
"122
40%
40

10

common

Motors.

62

5 Vs

11%

5%
preferred
100
Herslie.v Cliocolate <:ommoii__No par
4 % % preferred, series A
50

W)

non-cum

'

61%

5%

5,32

2

62%

x5%

22%

100

—...

62

22%

25

common

64

22%

84

38% Sep
3
21% Mar 31
22

12%

22%

5

24% Dec

5

12 VA

22%

15

30

(G

12%

22%

100

26

7%

*12%

23

23

2

29

.

12%

"131%

5/2

Co

preferred

Hercules

*12%

/24%

31/8
13
5 k

...

common

(II J)

Hehne

1,100

12%

*131 va

1

Oct

5

1,900

CLOSED

25

50
;

17

38% Mar 13

EXCHANGE

18%

133

1

common

21% Apr
34% Apr

26% Feb

30%

17%

*34

104

10

preferred

3.05%

30%

17%

35%

24 k

100

Hayes Industires Inc
Hayes Mfg Corp—

32% Jan

30%

17%

*34

1103_

15

com

Marx

Ac

Corp of America
4%% preferred

90

21

pfd__No par

llefrac

Hat

18

30%

17 %

12/4

2.50

preferred

Sep

1

Co.

Co $4.25

A)

60

28% May

Co

Paper

Hart Schaffner

8

30%

*17%

42 /»

preferred———100

STOCK

30%

17%

30/8

35%

30%

25

com—No par

Harbison-Walk

14% Mar 20

30

Watch

conv

Hanna

26% Aug 13
7% May 20

9% May 20
6% Apr 15
19 % Jun 16

Water

Well Cementing__5
Printing Co
5

Oil

F)

Hainmermill

2

July

(W

4%

2

145

22 % Dec

July 29

Hackensack

5

Jun

131

21

6% Jan

36% Mar

15

22% Sep

100

18

34 % Aug

15

Jan

ll% Aug 27

18% July 16

19

21% Oct

32% Sep
23% Sep
16

*24%

15 va
*114

15%
117

*30%

15%
115

•

31 1/4

500

29%

1,200
*'

25

200

15%

9,900

115

80

J
3% Oct

20

19% Jan

2

26% Aug 15

81% Jan

2

90

5% Jan

19

3

Sep

15

17% Oct

14

17% Aug 31
Jun

3

82

Feb"15

62% Feb

19

100

May 12

.25% Mar

9

July

7

89

Feb

26

Apr

23

43

Nov

6

88% Jun

19

101

Jan

16

74% Jan

2

Johns

66% Dec

8

Johnson

Jones & Laughlin Sleel

34
96

25

May

78% Jun

57% Aug 31
50% Feb
9

53% Oct

30

71% Jan

20% Oct

22

25% Jan

19

Sep

14

Oct

24% Jan

16

18

86

3

29% Sep

14

-<

5

Sep

30

90% Apr
38% Feb

82

31% Oct

Jewel Tea

39% Mar 17

82

Dec

Co

Inc common

5%

Ac

100

5%

5%

5%

20

20

*19%

20%

*19%

20%

,100

21

21

20%

20%

20%

20 3 4

1,000

86%

86%

86%

86%

86 va

86 %

86%

87

390

42 %

900

43

*98%

5%

43

41%

100

"98%

No par

63%

64

12%

62 %

62%

Johnson.—

preferred series

5%
20%
21

5%

5%

3,300

'

1

3%%

preferred
Manville Corp

5%
21

*20

10

com

A

100

Joy Manufacturing Co

1

19%

42%
100

42

*98%

42

*42

100

100

100

20

62%

20%

63%

63 %

65 Vs

65%

66

7,000

*61%

62 %

61%

61%

62%

62%

1,100

19%

20

19%

20

19%

24.400

20

85

85 %

85%

85%

*85%

85%

85%

85%

31%

32%

31%

32.

31%

32 Va

32 %

32%

27%

27%

27%

28

\
27%

27%

46 Vs

46%

46

461 '9.

3%

3%

270
*

2,900

K
24% Nov

17

38% Jan

3

42% Dec

16

49% Feb

13

*8

Dec
For

26

19% Dec

footnotes

see




lo

p*>9

22'/8 Nov
41

4

% Nov

30

2% Oct

15

30% Mar 12
49

Feb

5

8% Jan

2

N

Kaiser

5%

Afum
cum

Ac

Client

preferred

Corp..

1
'£>

27,Vs

27 3

50

(conv)

Kalamazoo Stove Ac Furnace.

46%

47

10

3%

4

3 %

*3%

3%

3%

3%

9.700

1,500
400

Volume 179

Number 5287

1

.

t

:The Commercial and Financial Chronicle

(17)

NEW YORK STOCK RECORD
Range for Previous

STOCKS

Year 1952
,

Lowest

1

Range for Year 1953

Highest

j

l.ui.e»L

26% Jan

5

30% Dec

10

87% Jan

;

2

96

Dec

3

95

Jan

15

103 % Mar 12

26% Jun

May

16

33 % Dec

14

85

102% May 21
106

NEW

V

Highest

10

95 % Jan

13

Jun

92

Sep

11

98% Jun

1

18

100% Mar

105% Dec

Kansas

City Pr & Lt Co com.No

16

36% Sep

9% Feb

28

19% Sep
13% Dec

68% Oct

22

92%

14

45% Aug 10

16

37

Oct

Sep, 27

21

Mar 17

17'

4

10

19

July

40% Feb

29

31%

31%

3134

*9434

95%

*943/4

preferred
preferred

100

*98%

cum

20% May

.

40

4%

30
5

; 21% Feb

1

14% Dec

18

Kayser

15

20'/8 Jun

18

Kelsey

Sep

14

82

Feb

25

37% Oct

6

60,

Jan

8

9

19

18%

Jan

2

25

Nov

8

80

Oct

35% Oct

21

23

49% Jan

Apr

28

34

Oct

21

31% Jan

54% Sep

24

28 %

Sep

14

May 12
41% Jan
5

81% Dec

31

93% Jan

5

35% Jan

5

31% Dec

Jan

8

57 % F^b

46% Dec

12

46

31

56

July 16
72% Jan 30

18% Sep

14

24% Mar 17

Lane-Wells

21

64

9

Lee Rubber

&

26% Dec

21% Nov 23

29% Feb

3

Lees

86

95

8

Dec

Sep

Laclede Gas

Jan

7% Oct

23

11% Jan

10

34

Dec

29

22% Jan

4

% Dec

22

1% Jan

7

29

6% Dec

16

14% Jan

6

4% Jan

4%%

20

22

26

2 % Jan

5

17% Jan

3% Dec

29

5% Feb

23

13% Dec

18

16

.

1% Dec

15

33 Va Dec

30

Ma~r28

14

Jan

16

Dec

25

Jan

7

42% Dec

23

Feb

18

23

7

10% Apr

rill

10

39% Dec

10

Dec

29

160% Jan

2

173% Apr 30

155

Jun

5
9

26

Dec

11

58% Jun

48% Jun

25

35 %

26

82

23% Jan

30

31 % Nov

64

14

Jun

17

18

26

15

23

Sep

74

Feb

27

26

110

ftpr

Jan

Aug

101

Jun

12

24% Feb

110

V 91% Jan

8

37% Oct

16

.

79%

i

78%

79%

V

80
29%

80

29%

3Q%

29%

30%

83 y8

82%

82 3

8134

82

32%

32%

32

31%

32 %

32%

323/4

*48%

49%

49

49%

45%

46%

46%

46%

10

9%

DAY
*

4%

•
..

—

•

.

j'
■f

160
>

10,900

f

r

1,000
1,500

>

'

•'

v

V

2,500
600

43/8

22

21"%

22

213%

22

14%

143/B

14%

14%

14%

46

47

110

1,300

*47

•

•.

3,700
'

'

14%

14%
48

3

300

220

10

9%

41/2

43/8

4%

10

21%

1,600

1

1,100

■

i

49

*47

49

*20

20%

19%

20

47%

47%

48%

800

22

22%

1,900

19%

20

47%

47%

22%

21%

22

21%

86%
8%
28

86

86

*85%

15

471/4

221/4

t'i

'(

5

5%

7

5.25%

23% Dec

9

5

146% Dec

3

14

5.25%

•

.1

800

.!

14%
!«
7%
2%

14

14%

14

14%

14

14%

i

1%

1%

1%

34%

33%

34V4

33%

34

14%

14%

15

151/B

11
i«

11
Hi

ii

13

13,700
15,600

6%

6%

6%

63/4

5,200

11

18

6%

6%

1%

2

5,800

33%

34%

5,500

"15%

15%

1,400

1%

16

161/4

16

16%

16

16%

8,600

39%

40%

39%

40

39%

40

2,800
9,900

8%

9

8%

8%

8%

8%

38%

38%

38%

38%

38%

38 3/«

600

63

63%

63 %

64 %

64%

65%

20,400

158%

159

158

158

160

160

80

1,000

74%

75%,

76

76%

77

39%

39%

39

39%

391/4

39%

23
30 %

22%

22%

23

22%'

23

29%

30

29%

30%

29%

30%

19

18%

18%

18%

18%

18%

19

64%
27%

64

64

64%

64%

26%

271/4

26%

27%

27%

273/4'

13

12 %

13

12%

131/4

13

13 3/«

10

27
12%
29%

—10

23%

*221/4

*64

23%

23%

23%

108%

108%

1081/2

108 '/a

29

30%

*108
22
17

109%
22%
17 %

*106

107

*106

107

*106

107

100100

'■'103% 104%
*105% 106 %
24%. 24%
* 147 % 150

*103 %

104%

*103V2

104%

*105%

1061/2

*105'/2

1061/2

24%

24%

241/2

25%

147%

149%

146%

1463/„

41%

41%

59%.

61

31%

31%

3,100
300

19,900
i

74,100
3,300
11,100

30

23%

*108

700

20,400

23% '

30

29%

23%

•

900

653%

28%

29%
23%

.

100

!—■

prd series A

8%
27%

17,300

27%

74 %

64%

1

preferred
100
Long Bell Lumber (Md) A
No par
Long Island Lighting Co cbm
10-

1

8 3/a

27%

40

*18%

,

-

21%

22

21%

22

21%

22

17

171/a

17

17%

17

200

T

108%

4,900

17'A

9,200

106% '

*105%

r20

'

10

42% Dec

15

t..,

30% Dec

16

7

92

series B preferred—

preferred series C

Loriljard
7 "/o

(P> ,Ca common

preferred a

_1«>

.—J

-

100

ii

8%

27%

22%
30
-

No par

Corp

40

40

preferred—100

Co

8

87

2734

16%
40%
40%
8%
9
38%
38%
63%
64
*158% 159
76
76

25

8%

*85%

27%

xl6%

2.50

Aircraft Corp—

8

87:

15%

.

>

No par

common

9

30

30-

9%

4

'

4%.

4%
22%

86%
8%
27%
14%
U
6%
2
34%

No par

Cement

14

Sep

Jan

9%

10

20
47%

19 3>*
47'%
21%

10

(The)

Gas

Jan

55

50

*47

conv

106 % Dec

34% Jun

•99% July

9%

5

Star

106% Jan

33% Aug

20

78%

No par

Star

4.75

6

May

30% Aug
160% Dec

158% May 24
41% Dec 23

9

20

NEW YEAR'S

82%
313/4

A

;

"

31

2S%

100

Lone

13

97

67% Dec 30;

3

Jan

52% Feb

31

r

I

100

1,100

■-

J

't
*

800

%,

83%

5

convertible

101% Jun
143'

24

30

4%
22
14%

A

"

6,800

.

12,200

CLOSED

79

7

Lone

■

TR% Mar 25

-33

■

.106

*23%

31

49 %

com

Co

3%%

1!)

10

•-

*30%

46

Libby

&

Loew's Inc

34 V* Mar 19

16
15

15 % Jun

18

24

;

49

Corp

Corp

Oil

Lockheed

14% Mar 25

2

25% Dec

24

106

83%

10

preferred
Tulip Cup. Corp

Lily

13

29% Nov

17% Dec

21

107

'

2,900

■

79

No par

Liquid Carbonic. Corp com

2

24

*105

>■

»

18,100

29%

No par

Lion

14% Jan

Dec

McNeill
Savers

7%

(

35 % Mar 26

107

Fink

Lionel

14

5

32

100

4

21% Oct

20% Aug

*30

5

3

7

106% Nov

EXCHANGE

—1

38% Mar

43% Feb

2

STOCK

48%

44%

—

21% Feb

5

July 14

2 J. 78

48%

-

48%

49%

Tire.

27% Mar 27

-

x27% Nov
Jan

*21 %

47%

;

21%

47%

46

Link Belt Co

23% Jun

101

2l'/8

47%.

'.*21

49

preferred—

efc

Life

17

103% Jun

102

21%

48%

32

50

47% Mar 16

15

20% Apr
10% Sep

28

40%

21%

*48'%

1

Liggett & Myers Tobacco

i>

77%.Dec

Sep 24

28% Sep
15% Sep

75% Apr 14
24% July
1
18% Jan
4

39%

*21%

(Jitmes) & Sons Co Common—3

Libby

6

Aug

171% Nov

19% Fen -9

15

4Q3/8

No par

a

$3 noncum 1st preferred
50c noncum 2nd pid

13

34% J
63

28

39%,

*30%

Libbey-Owens-Ford Glass Co

29

Nov

39%

24

Lerner Stores Corp

15

18% Apr

38%

46

preferred

3.85%

4

Jan

11% Oct

40-%

24

22% Mar 17

Dec

66

39%

.'—5

9

2

65

No par
1—1

76

•Jan

16%

64%

24%

Products

38

46% Mar 17

15%

x24

(The)—

1

22.

16%
64%

•

13%

107

Lehman Corp

4

21% Dec

133/8

16

62%

Lehigh Portland Cement.
25
Lehigh Valley RR
No par
Lehigh Vailey Coal common—.
1-..

•

12

28

74

13%.

16

62%

*105

Lelin

Nov

61% Jun

13

13-%

16
62

10

Lehigh Coal & Navigation Co

Mar 24

35% Oct

Feb

13%

16 %

63%

107%

42% Feb

14

17

27

13%

1578

62%

*106

18% Mar 27

29

33% SlP
8 % Jan

Nov

;

36

2

x33% Feb

13%rT3%

2,900

'

July 14

16%

1

5

4

(The)

v

3,300

10

Co

Co

t\

(!■

200

18%

La Consolidada 6% prd_75 Pesos Me*.

-

Mar 12

25% Jun

14

35%

18%

No par

Co

47

Dec

14

30

38%

35"%

18%

Lane Bryant common

21% Dec

16% Oct

38 3/4

35%

18 3/a

No par

18% Mar 18

30% Nov 26

1

38%

*35%

18 %

Nopar

1

.

31

7
4

1

15

& Co

14% Dec

Nov

Jan

38%

35%

1

(The)

12

Dec

1

May

(SH)

Kroger Co

Lambert

% Dec

43 '

39

18%

1,

.

25% Aug 20

92% May
1
9% Dec 22

xl2% Apr
33% Nov

38%
35 %

18%

:

Co.

9

1

49

<S S)

2

13

-

Kresge

28

5% Feb

105%

100

Jun

10

*105

10

«

35%

100

preferred

Kress

105%

'If
'<1

*

100

39%

common

4% Dec

19

7% May

Co

19% Jan

Feb

21

R)

19

14

'■

(G

21

Jan

25 %

2

39

1

Corp—

50

2

21% May

'•

4%

*105

2,000
+

100

18%

^

$5 prior, preferred
Koppers Co Inc common

31

8

Co__

&

16% Dec

54% May
1
20% Apr 15
8% May

Kinney

5

28

7% Jan

10

20% Jan

29

47% Dec

24

7

Jan

95

105 %

100

Shares

•

95V2

*34%

Wheel

preferred (cum)

conv

Klng-Seeley

417/a May 19

37% Apr

8
6

88

22
11

9% Dec 23

5 % Dec

45

Jan

Dec

(Julius)
Hayes

4%

Mar 17

I

8% Mar 13
18% Oct

28

3

9

42% Dec 24

25

11% Mar

14

*105

105%

*99

'

r

32%

*94%

.50

Copper
No par
Kern County Land Co
2.50,
Keystone Steel & Wire Co.—No par
Kimberly-Clark Corp pom.
No par

3

49% Dec
111% Feb

15

78 •

97% July 30
39% Jan
5

50% Mar 25
,

24% Feb

16

Sep
22% Sep

27

91

16

101

7

Apr

'

Nov

39% jun

12

70

,

21

7
3

Jan

100

32

£5 %

Jan. I.

8.75

Kennecott

26% Dec

27

No par

.

preferred

non-cum

59 %

51% Sep
114

*105

*99

32%

32

*94%

the Week

Friday

Dec. 31

•

Kansas Power & Light Co

Jan~26

22% Aug

1

Apr
Mar

,

110

100

100

32

95%

Sales for

Thursday

'

City Southern—

July

71

Dec. 30

100

13% Sep
>

Wednesday

Dec. 29

par

Common

28

SALE PRICES

Tuesday

Dec. 28

preferred

4.50%

HIGH

Monday
Par

.

4%

9

32 % Jun

\

2

STOCK

3.80%

Kansas

16% Jan

YORK

Continued—Page 7
LOW AND

EXCHANGE

17

104%

104%

*106

107

253/B

'
-

STOCK

146 3/a, 1463/8

*

25%

,

EXCHANGE

:

CLOSED

11,906
70

'

May 25
36% Sep 15

67% Jan

Louisville Gas & El

•

'Louisville'

2

35 % May 25

f

97% Nov

«•

45% Jail

9

Lowensteifi
4

x41%

(Ky).No par

31%

& Sons Inc com„1

(M)

*96

100

Steel

Co—

Wood

Working Co.

—

41%
61 %

61

.50...

%V ni'eferred series Ai

Lukens

22

Co

Nashville-.

&

-

32

*96

98

40%

•

41%

*1

10

42

40%

413/a

59%
31%

601/4

31%

32

31%

39%

40%

40 3/4

60

*96

98

*96

98

403/4

60%

41

39%

NEW YEAR'S

98

'

40

393/4

900

2,700

'

2,200

DAY

2,500

M
10.,

Nov

14

40% Aug
4
128% Sep 10

^

V

12

Oct

15% Jan
-

30

45

135

25

May

7:

Jun

3>

17% Jan

28:

■»

24% Oct
>

-

t

22

31% Jan

30i

84

29

90% Jan

28-

Dec

7% Aug 25
>7% Oct 16
26% Oct 30
15% Aug 13
485

9

7% Dec

24

6
■'

Apr

9% Mar 13-

10% Jan

».

39

8

536

19

Dec

20 *

Feb

-22% Nov 14^
Dec

10»

11% Mar 18
8

23 :

Jan

7i

7% Oct
41

Jun

125

Sep

23

12

Mar 20

8

45

Feb

17

10% July 13
20% Dec 29
78% Sep
7% Oct
6 % Dec

21

14
16

132

.

.

Mar 94

6%

Jan

,

8

May

29

9% Jan

12

Sep

15

32

Apr

9

15

22% Jan

6

Sep

15

3% Dec

30

4% Sep

14

552

8 % Feb
a

1

-

Mar

18
2

12% Jan

17;

22% Apr 24
10% July 2
52% Feb 25

29 % Jan

28

16% Sep

21

25

22

11% Jun

10

52% Jun 15

1

28
9

23

Nov

17

85

Oct

7

94

8% Jun

25

16

9% Apr 15
-21% Oct 28

Dec

27% July

Jan

16

6% Sep

18

25% Jun
11

58

;

Mar

Jan

Jun

9

80

88% Mar

Dec

19

8
16

13% Jun

2

Sep 14

i

4%%

16% Dec

29

25% Feb

2

17% Sep

15

21 % Nov

16

Apr

10

34 %

Aug 28

42 % Dec

30

>104% Jan

3

Jun

10'*

98% Jun

30

110% Jan

5

29% Jan

25

27% Jun

10

(Glenn L)

Master

4.25%

98

July 21

83% Jun

5

95

Jan

20

$3.75

2

97

May

82% Jun

12

95

Jan

0

$3.75

87

14% Jan

4

18

May

2

75

July 2
Sep 15

19% Dec

31

16

51

30

45'

Sep 29

15

Dec

52

Mar 16

Maytag Co

Mar 12

$3

Dec

4

21% Mar 25

McCall

26% Dec

31

20% Sop

14

30% Feb

10

MeCord

Feb

28

45% Nov

13

41% Nov

27

45% Feb

17

14% Oct

28

29

15% Feb

4

89% Dec

•

30

92

8

55% Mar

5

17% Mar

7*

11% Dec

98% Apr

2S«

72% Dec

71

28

Nov

'

65

Nov

20

83 % Apr

3;

33% Nov

l

46

Jan

28-.

23

26% Jan

7.

3

15% Jan

22% July 15

28% Feb

86

'

17

23% Jan
12% Nov

.

94

Aug 19

23% Mar

8

Jan

26% Dec

21
2;
14

24:

12% Oct

22

47

Dec

10

50% Mar 12

15% Apr

16

21% Dec

6

35% Jan

93% Dec

22

Oct

84% Jan

4

104% Oct

3

16

121

Feb

8;

39 % Dec

24

26% Jan

21

11% Dec

29

14 % J»n

14

29% Dec

13

95

26 % Jr-n

2

11% Dec

20

46

Nov

22

Oct

7
15

33%

35% Dec
71 % Jail

May

14% May 22

Aug

19
15

19 % Jan

22

17

14

25% Jan

S

12

.80.

Jan

2

Sep
'

May

92% Jun

Jan~23

25

50% May 21
7

4

89

-Oct

27

10

111

Jan

20

Nov

13

21
Sep 15

28% Jan

2

22

Jun

16

54% Feb

V

?1

Jav
Nov

30

$4

18

11

28

Dec

29

92% Jan

2

101

May 27

86

Jin

11

108

Jun

25

95

S

p

14

97% Jun

3

88

Jun

12

July

101

Jan

3

91

Jan

14

91% Feb
105
20

39% Jan
98% Jan
105

Mines

& ltobbins

Inc—

Co..
—

Corp—

Co

Inc

2nd

81%

82

82

15%

16

16%

16%

16%

35,300

] 334,

113/„

13%

133/4

2,500
16,400

13%
17
17%
41%

16%

161/2

16%

17%

17%

17%

171%

17%

40%

413/4

411/4

421/4

103%

103 %

28%
92
90%
84
17%
49
15%
21%
43%

27%

28%

16%

4,100

*90%

100

92

60
150

91

91

90%

90%

901/2

90%

90%

92

84

82%

84

82

82

*82%

17%

17%
47%

17%

17%

48%

17%
*47

47%

*47

10

17%

1,700

48%

100

15

15 %

15%

15%

15

15 V*

3,700

21%

21%

211/4

21 %

21%

21%

800

*42%

43%

*42%

43%

*42%

43%

5,900

11%

12

75

75

6 81/2
'

68%

700

33%

33%

1,000

33%

33%

331/4

33%

333/4

531/4

53%

54

54

54

630

53%

37%

37%

37%,

38

37%

38%

18%

18%>

18%

18%

18%.

18%

19

11%
28%

11%
28%
87

11%

11%

11 VB

11%

11%

11%

1,800

28

28%.

28%

28'%

28

28%

3,200

88

86%

86%

27%

273/4

27%"

11%

Hi/2

46

No par

87
27%
11%
*46%
16

19%

16%c

*86

97%
*92%
25%

Nopar

Co—Nopar
12.50

28%

,

Metropolitan Edison 3.90%

*90%

11%

11%

6,800

*46i/e

47%

11%
46i%

46 %

46%

15%

16%

16

16

153/4

15%

19%

20%

19%

20%

193/4

20

87%
98
94
26
28%
22%

"101

110

12,200

16
20%

28%

91%

pfd—100
series—
100

1,400

27 3,4

11%

92
103
92

%.

*86
97 %

873/4

*86

87%

97%

*97%

99

1,500

1,900

88

27%

28%

5

*86%

27%
11%
47

*22%
—;

*86%,

i

273/B

*86

87%

98

40

1,300

20,700

98%

700

20

94

94

94

*92%

25%

26

25%

26

26 3/»

26%

1,200

28

283 4

28

281%

28%

28%

3,500

*92%

*22'

28

*22%

23

28

*91

92

*101

103

92

%

92

28

23

281/2

95

*22%

22%

28 %

28%

93

*92

*101

103

*101

103

*91

92

*91

92

3,400
100

93

*91 %

'

"70

preferred

series

100

preferred
preferred

series
series.

100

*102%

91
104%

*102%

104%

1041%

*103%

5

23%

23%

22%

23'/4

23%

233/4

23%

66% Dec

66

66%

65 %

66%

651/2

66%

66

66%

4,900

26%

27%

26%

27

9,900

16

81% Jan

28

55% Sep

22

14

28% Nov

28,

22% Jun

9

29% Mar
27% Mar

5
31
9

Miami

Copper

Mid-Continent
Middle

South

...

Petroleum—
Utilities

Inc

100

*87

10

Nopar

'

27

'

27%

*87

26%

91

27%,
*




28%

28

28%
92

4.45%

20% Feb

22

*90%

1,200

9,900

3.80%

3

58% Oct

page

28%

104%

4

84

109% Aug
8
26% Dec 18

99

8

see

*103'

107% Feb 19

95% May 23

6

Jan

footnotes

;•

173/4

41% *42
*103
104%

May 21
18% Sep 14

20

Oct

For

16%

17

37%

Nopar

preferred—,

preferred

190

83

n%

Nopar

Co..

*

18%

3%

common—

Linotype

200

6,700

*82

37%

1

Inc

pfd

Machine

93 % Feb

80%

5

preferred—50

1st

4,300

18

-1

common

Co

12%
24%

53%

(1st series)—.100

Mesta

3.85%

23%

10

Porcupine

Stores Coj_._i.

9

13

23%

33%
53%

5

Merritt-Chaninan & Scott

93 % Jan

23%

.1

Publishing

Mergenl.haler

4.35%

23

55%

24

11%

(The)

13,800

*55

68%

2nd

2

12%

13

75

Stores

19%

191/8

55%-.

11%

5

2

12%
*55

68%

conv

Feb

,

74%

Shoe

400

3,800

7

6%

13%

11%

"When issued"

37% Dec

12%

55%

11%

Mfg

1,000

4%

22%

*

12%
*55

68%

&

$4.25

-■

6,600

33/4

31/2
4%

19%

75'/2

$3.50 preferred
1'

19 /a
12%
55%
23%.
83f

18%

11%

Mercantile

Merck

19%

68%

convertible

5%

18%

6%.

75

Co

Mengel
.

03/4...

68%

preferred

Melville

28% Mar 19

350

*—1.

Corp common

4 %%

6%

2,300

535

22%

4%'
23

12
76%

Norris

McQuay

II

6%

7

*515

33/4
'

68%

McLellan

Mead

22/8

22%,

75;

McKesson

<

3%
4%

43/4

22%

Electric* Co

(' Mclutyre
;

No par
No par
.-2

3%,

4%
22%

Stores Corp common—50c
convertible preferred—-100

McCrory

McGraw-Hill

12

18

$2.50

3%%

1

.'

Corp common
preferred

3%

530

4,800

15%

*82%
17%
*48
15%
21%
*42%

No par

Corp

M'cGraw

73% Mar 12

15% Sep

9i

'

22

*21% Sep
83% Oct

<

3

18 % Dec

91% Sep
28

Jan

16
57% Sep 15
26% Sep 22
52
Sep 17
33% Juiy 2

No par

common—

If

28
92
90%

5

i)fd

preferred

19% Dec

7

42

5

100

preferred—
cum

12

4-

).

1947 series.Nopar
$3.40 cumulative pfd
No par

85% Nov 24
21

preferred

*515

530

16%

"103% 104%

1

Chemical Corp com

conv

530„
3,'»

*515

4,100

6%.

25%

.

13%
16%
17%
41%

No par
—

May Dept Stores common

2

45% Jan

15%

6%

730

1,000

15% ' 15%

1

.No par

Corp..

Matliieson

32% Mar 23

Co—

Electric-Co

10

7

25%

16%

6%

14,500

81%
-

6%

251/4

15%

83

100

Masonite

2

18

15% Mar
X22% Nov

preferred

Martin

20% Feb

Jan

6V4.

25%

*9%
12%
55%
23 ..

5
50

Martin-Parry Corp

33% Jan

-

(conv)

14% Mar 5

49 %

79

6%

25%
16

6/«

6.25

Corp common

18% Mar 20

30

90% Jan

6%

25%

15%

"

1.

„

?%

""7%

X81%

7%

7%.

21,400

20%

20%

20^
82 " "

•*—81

4%

Marshall Field & Co com.—No par

9

17% May 12

34% Aug 11

Corp

8

16/4

374

,

—5

preferred

-•■20%

20%
80

7%

13%

12%

13.%

300

130

25 /a

50

Exploration

Midland

4%%

38% Oct

90% Jan

/»-

20%.

79%
'

123/4

13%

4,400

42%

*125

16/4

No par

———

12%,

130*^

8%

*41%

42

41%
*125

8

8

7%

8

41%
130

25 %

.

1

—

Oil

Marathon

25% Mar 19

113

20,8
80
'

^6%

ltt,

Shirt

Manhattan

Marine

15

lg

"

.1

:

Mahoning Coal RR Co—
Mandel-Bros

Feb

22% Sep

12% Jun

No par

—

Magma Copper

Maracaibo

8

Sep

No par

.100

Manali Sugar Co—
w

13% Dec

22:

13

57% Jan

20/?
79%

Ca Inc-com.—No par

preferred series A.
Madison Square; Garden
t

130

12P™

5i-

Magnnvox Co (The)

Mar 23

Apr

22

<R ID

41%
*125

'

8 % Oct

July 11

ine

4

"125

100

preferred.

Magic Cher

t

7%

£■;

5

common—10

4%%

8

15% Sep
517-

Forbes

&

Muck Truck*
Macy

-

87 % Mar 27
9

M

&

Mac And rews

24

.15% Nov 1Q
26

M

*87
*103

91

*87

91
105
24

5,700

J

18

(18)

NEW YORK STOCK RECORD
Range for Previous
;

Year

Lowest
4

% Jun

20 '

Kange for Year 1953

•

Lowest

46% Dec
139

-

1

29% Dec

14

3

Sep

125 % O-t

7

Oct

6

30% Jan

22

21% Oct

9

% Feb

26

17% Nov

28

16% Jan

26

% Oct

23

19% Dec

19

% Feb

14

62% Dec

18

Apr

24

48'/4 Jan

2

.'% Feb

25

Oct

28

i

105

11
9

24

Nov

19% Jan

2

3

69

104

Jan
T"n

Oct

22

20% Jan

22

15% Sep

Oct

16

38% Dec

11

34% Jun

Oct

10

8% Feb

15

16

67% Dec

31

Apr

21
12

59% Dec
31% Jan

23

Nov

Mar

4

14% Aug

24% Oct

4

Dec

3*

-4

■

Mar 25

41% Mar 17
6% Mar 12

57% Sep
33% Sep

15

70% Aug
58% Jan

23

22

Dec

31

33% Dec

17

5

13

Jan

5

'

ft

Co

125%

21%

21%

21%

21%

'21%

par

21%

21%

20%

21

67%

68

57%

57 %

58%

'102%

103%

'102%

103%

'102%

103%

'102%

103 y2

9%

8%

9%

8%

9%

8%

9%

18%

18%

18%

18%

600

21'/4

2178

21%

21%

2,900

27

27

26 %

26%

26%

27

26%

27

1

7%

#

16%

16%

16

16%

16%

16%

16%

16%

EXCHANGE

10

37%

37%

36%

37%

36%

37

37

4%

4%

4%

4%

37%
4%

CLOSED

4%

62%

NEW YEAR'S

4.900

DAY

6,300

15% Mar 25
20% Mar 23

Monarch

95% Jan

Monsanto

Tool

28% Mar 11
32% Mar 26

16%
83%

18%

19%

18%

18%

19%

32%

1?%
31%

18%

31%

31%

■'"'3l%

32

X31%

31%

5,700

33%

31%

32%

33

34

33%

33%

55%

55

55%

55%

56%

55%

56%

3,600
18,400

12%

12.

12%

12

12%

12%

,

Moore-McCormack

15
29

15% Apr
43% Jan

16

29% Dec

22% May
11 Vb Jun

32

6

21

Dec

31

34% Mar 18

Motor

29

27% Jan

Motor

Wheel

21% Sep
18
Sep

14

27% Mar 16

Mueller

26% Mar 13

Mullins
Mfg Corp
Munsingwear Inc
Murphy Co (G C)

25

26

12

Jan

5

4

43

Dec

31

110

1

Nov

28

21% Dec
48

48

1

52% Feb

24

Aug 25

15

104% May 18
16% Sep 15
42% Aug 20

6

12

12

11%

12

12

12

11%

30%

31%

29%

30%

29%

29%

29%

14% May 19
50

Jan

110% Mar

6
3

24% Feb
Feb

25

Feb

4%%

26

50

51

2

Corp
Corp

Brass

10

22

22%

—5

22%

22%

21%
21%

1

23%

23%

23

Co

29

22% Dec

1

16

Dec

29

25% Feb 26

Nash-Kelvinator

100% Dec

18

74

Sep

15

99% Jan

NashviUe

1

28

Oct

6

4

11% Sep
16% Sep

19% Sep
34

Sep

14

38

158% Jun

24

174% Dec

14

10
Sep 14
51% July 22
13% Jan
2

13% Feb
60% Dec

26

National

Can

24

National

Cash

2,500

12

10,000

21%

22%

21

22

7,200

'22%

22

23%

22%

22%

22%

2,800

23%

23%

23%

2,100

19%

7,800

19

18%

18%

5

13%

13%

'13%

13%

'13%

13%

13%

13%

700

1

4 4%

44%

'43%

44%

43%

43%

43

43%

1,200

100

'106%

107%

'106%

107%

106 %

107%

1
common

Murray Corp of America
4% preferred
Myers tF E) & Bros

35% Dec

7,600

12%

29%

.

-23%

22
.

-

preferred

4

-'

12 y4

Products

21% Dec

<

8,700
14,900
'

No par
3

Co

8

42% Mar 13
Dec

&

x55

19%

:—12

Inc

15

13% Jan

19

18% May

(John)

31

57% Jan

5

49-% Dec

Morrell

Motorola

6

33

No par

Lines

Dec

29% Jan

1

106 % Oct

11

25% Dec
Dec

1,000
1,000

16%
82%

Montgomery Ward & Co

25

13%

16%
83%

15

1

13%

2,500

16%

18 Vb Apr

14

13%

.

82%

65% Mar 19

20

13%

41%

22%
13%

16%

40% Dec

Mar

'13%

40
22

83

18

Feb

13%

13%

61%

16%

17

18

22%

81%

15

23

41 %

22%

16%

53% Sep

7

40%

22%

85%

11% Sep
10% Sep

3

61

41%

22%

16%

2

Aug

61%

40%

84%

18% Aug
5
14% Jan 10
44% Oct 14

Nov

60%

42%
22%

8

Co

67'/2 Jan

12

61%

61%

22%

61 Vb

7,100
3,200
17,000

No par

Chemical

16% Jan

22 V2 Jan

4

Montana-Dakota Utilities Co—
Montana Power Co (The)—No
par
Monterey Oil Co
1

20

55% Oct 22

36

4%

41%

Mohawk Carpet Mills

Machine

7,400

STOCK

com—No par
A
100

RR

15

29% Nov

280

72

18%

11

2

71%

2,900
17 000

21%

Sep

10

72

'71

72

71%

71

6,200

18%

79

14

8%

68

56%

21 %

15% Sep
17% Sep

8%

67

57%

18%

2

25% Jun

8%

67

55%

?l%

4

19

1,900
9,300

18%

18% Jan

30

21

?' %

109% Jan
31% Dec

21

66%

71

30

28% Jun

1,200

25

20

*

8%

21%

par

Oct

17

220

21%

67%

:100

Oct

16

1,500

21%
21

21

8%

Shares

126

58%

9

r»i»

8%

the Week

Friday
Jan. 1

31%

125%

67 %

preferred series
^Missouri Pac RR 5% cony
pfd.100
30
Mojud Co Inc
1.2b

Apr

9

8%

31

126

57%

i

1

common

preferred
r

31%

31

32

125%

No par

Mlssouri-Kan-Tex

6

15

7

1st

f*it

32

125%

Marie—No par

Minneapolis Power & Light—No
Mlssk \ Corp
Mission
Development Co_
Mississippi River Fuel Corp

23% Mar 25
31

S

preierred

$5.50

'

33

125%

10

S

&

Dec. 31

125%

Reg
1.60
Mfg common—No par

&

Thursday

Dec. 30

'32%.

Corp

Paul

Min

Wednesday

Dec. 2!)

100

Minneapolis-Mollne

21

37

88

$4

22

21% Dec

15

Jan

Minn

5

1-8% Nov

ct

Mar 12

Minn St

23

19% Nov

commoau

Minneapolis-Honeywell

29

19% Jan

Oct

Jan

Oil

Tuesday

Dec. 28

F«f

-

Minneapolis & St Louis Ry—No

30

60% Dec

Monday

STOCK

1st preferred-

Midwest

20

68% Nov

8% Dec

30% Jan

8%

24% Mar 20

6

2

91% Jan

Midland Steel Prod

7
9

31

24 '/• Jan

7

Feb

27

Apr

94% Jan

19

46% Jan
139

YORK

EXCHANGE

8% Dec

23

v

■

NEW

•

Migoest

53% Feb
42

Jan

Nov

Nov

gales far

-

\ Highest

% Jan

Continued—Page 8
LOW AND HIGH 8ALK PRICES

STOCKS

1952

19

18%

18%

10

18

18%

60

'42

43%

No par

36

com

17%

'106'A

107%

18%

18%

'42%

43%

'42%

43%

36%

36%

36%

36%

1,000

22,900

18

18

43%

'42

35%

36

'

18%

36

6,200

19

M
17% May
1
60% Feb 20
31% Apr 15
11% Oct 15
16% Oct 24
19

36

20% Jan

Apr 23

29% Apr

161% Jan

2

49% Nov

3

9% Jan

1

31

179% Jun

21

2

•

8

23% Dec
35% Dec

23

8% Oct

Aug

16% Jan

12% Jan

18
28

61% Mar 19
14% Nov 25

xlO% May 15

13% Jan

7

9

13% Jan

14
2

18% Mar 27
60

14

15% Jan

8

National

22

21% Mar

9

National

15

25% Mar 20

National

Aviation

Mar 19

National

Biscuit

Sep 15

18 % Jan
91

Jan

25% May

2

4

Nov

6

$4.50

38% Dec

31
4

7%

146

4

7'/a Dec

Nov

24

9% Dec

29

26

21

31% Jan

86 % Sep

25

91

11

Nov

6% Oct

14

16

22

10% Feb

1

M3% Dec

10

104% Jan

Jan

4

8% Mar 3
11% Jan 11
16

Jan

3

7

105% Sep

30

9% Jan

3

23

13% Sep
43% Jan

11

35% Dec

14% Sep

4

90% Jan
12

84

Jan

22
98% Mar 20

Jan

11% Oct

National

5

National

24% Jan

6
21

116% May 20
7% Apr
1
12% Jan 12

4% Jan
4%

14
28

10% Jun

13% Jan
105

2

Sep

Dec,

10

5

7% Mar
13% Feb

16% Apr

27

106

29

;15% Nov

16

Feb

85

92% Jan

37% Aug 31
10% Sep 15

56

64,

30

16%

10 %

10 Vb

19%

19%

19%

4,600

3,900

12%

12 Vb

12 %

3,100

18%

18 %

18%

36,000

86

86%

84

853/4

85%

87

861/4

1

20%

20%

20%

20%

20 >/4

20%

No par
5

*93'/2

100

Jan

38

37%

38%

172

'171%

173

171'%

172%

141

'140

141

140

141

1

9%

&

Cast-No par

Steel

No par

Co

26

Pa com

63/4

6%

103/a

10%

3,600

43/8

4%

43%

9,800

10%

11 Vb

11%

2,700

Inc

1

common™

33 Vb

33%

13%

91

91

89

41%

41%

30

New

York

New

York

48% Jan

5

101% Jun

10

109 % Mar

9

May

94% Feb

10

2

46% Jan

2

13% Dec

22

x29

Jan

80

400

24% Dec 23
63% Nov 25

Sep

May

2

92

Feb

9

5

520

Jan

8

N

Y

&

16

34

Feb

18

N

Y

New

2

65% Feb

5

49% Dec

29

15% Jan

7

N

Jun

Jan

22

6

24% Jun

10

28% Feb
80% Nov

2

Niagara

10

3.40%

87% Jan
94% Nov

8

3.60%

13

3.90%

May 21

75

Jan

Apr

28

2

92

Nov

21

79

Jun

22

2

98% Jun

3

87

Jun

29

28
2

26% Apr
52% Sep

1

15

20% Jan

26

Nopco

23

53% Jan

30

Norfolk

Jan

16

8

26 % Apr

16

22% Jun

12

2

25

Dec

16

19

Jun

19

17% Dec

8

15% Sep

15

Apr

28

8% Apr
75% Jan

24

26

8

17

14% Sep
89% Dec

19

83

7

47% Dec

30

35% Mar

Sep

15

0
JUiy
34 % Sep 24

87

M~ar

6

Feb

5

29

52

10% Jan

2

13% Dec

16

11% Jun

10

82

2

90% Dec

1

78

Jan

/

94%

Sep 14

Jan

16
2

107% Nov
Jan

5

14% Dec

16

84

105

87

3

110

Nov

7

Apr
100% Jun

24

Jan

18

109

94

Jan

Mar 12

5

102

Nov

25

89% Jun

19

101

Jan

>

'

9

7

12% Jun

15

18% Mar 17

8% Dec

29

14% Jan >13

Northwest

8

25% Jan

31

16% Dec

30

18% July 18

24% Jan

27% Jan

28

18% Sep

18

25% Apr - 9

Norwich

34% Jun

10

39% Feb

Ohio Edison Co

94% Jun

12

83

12

2

Jan

14

88 % Jan

8

104% May 15

39% Dec

22

106% Aug 12
94% Apr 10

106% Nov

7

100

Jun

May 18

97% Jun

12

lo

49% Jun

10

2

60% Apr
27% Dec

16

23% Jun

10

17% Mar 13

19% Dec

9

16% Sep

1

8% Dec

71% Sep

50% Oct
22

13

91

Jan

Oct

Dec

For

6

27
12

17% Jun

108% Jun

footnotes




page

6

2

22

2

*

253/a

25 Vb

25'%

3,400

17%

173/4

17%

18

3,400

183/f

17

63

65

'86 3/4

'405

19%

183/4

19 %

74

333/4

'63

'86%

89

'405

465

34

preferred

'405

65

'863/4

89

100

17

1,300

65

'63

'405

-465

8,000

106'/a

89
450

24%

23

24%

24

24 %

233/4

24

51%

52%

49%

51

503/4

51 >/4

513/4

52

3,500

17V4

,

27%

27 V*

27

27%

27%

28y4>

3,500

36%

363/4

27%

27%
80

'79

36

36%

'91

92

'91

par

92 %

27%
79

'85

85%

'91 y2

92%

85
'91 '/2

36%
'91

27%

27%

36%

36'%

*Q1

92%

1/,

27%

28

6,700

36%

2,400

QO

27%

11,100

80 Va

*79

79%

100

85%

85%

'85%

86

200

91 Vz

79

91 %

92 %

'79

85

92%

.

92%

40

i8y8

183/e

17%

18

Vb

17%

17%

17%

17%

1,600

25

40

40%

393/4

40 Va

39%

40 Vb

39%

40 Vb

16,200

25

24%

24y8

'23%

24 y4

'23%

24'/4

'23%

24 V*

20

20%

20

20%

19%

20 Vb

20%

20%

15,800

19%

20

y8

193/4,!

20%

20%

21%

21

21'/4

37,900

8

%

1

'—1

8

50

Co

Ry

3/a

'84

10

40 3/4

100

'106

100

55%

86

8%
'84

41%
107

40%
107

56%

8%

8%
'84

86
41

40%

Vb

107

107

8%

8%

9

85

84
41

41 y4

107

'107

10,200

85

41

100

107'/a

30

5,200
-

210

55%

54%

55%

54%

55%

23,400

13%

X54%

13%

13%

13%

13%

5,900

(Minn.)—
Xl3%

-6
__1©6

j

x85

14

-•85%

.106

'106'4

.100

'96%

98

1

17%

Inc common—10

8%

Inc

84%

•'

85

85

85

-*'106%

107%

106%

97%

97%

'97%

98%

*97%

98'/a

18

17%

17%

17%

17%

17%

9

8 ¥2

8%

8%

610

106'/a

17y8

17%

20%

203/4

.12

common.

85

107%

25
Co

85

107%.

_2,50

i

Pharmacal

'863/4

89

85,000

10

Gas

Airlines

'63

65

450

100

243/4

2
common

$4.10

31

33% Jan

25 Ve

17%

163/4

Ry Co

Pacific

16% Jan

100

25%

17 Vi

•105%

preferred
preferred

4.6%

25

17%

16%

Capital Corp

15% Jan

13

25%

100

Natural

9

Sep

6.800

66

106 %

Co

30

19

12%

66

100

preferred
Northrop Aircraft

11% Apr
'11% Sep
■

12%

64 Vz

41

16%

100

Northern States Pwr Co
Common

$4.80

3,900

123/4

64

'105'%

preferred

$3.60

413/4

12%

66

16%

Corp corn-No

Western

Northern Central

■

40%

.123/4

106%

Co

Mar 19

403/4

41%

12%

16%

100

Pwr

70

91

'105%

Aviation

Northern

'89

91

105%

1

American

5'/2 %

'89

64'%

17

Corp—

American

4

89%

41

105%

Hartford Co_100
series A
100

Chemical

Northeast

5,400

19 Vb

preferred
preferred
preferred

Northern

60

13%

Q4

&

North

?

87'%

133/4

18%

No par

North

8

Jan

46% Jan

87%

14

Q0 3A

50

Ry
Adjustment preferred

2^% Mar 24
22% Dec 21*

14

103% Oct
59

26

Mhk

&

87%

13%

19%

preferred

16
Sep
39% Dec

33

'86%

343i,

Common
$3.75

200

34

'33

'323/4

14

19

State Electric & Gas
Corp—
No par

37% Mar 23
92

86% Jan

15

Y

21
11

82

Aug
19% Jan

6

31% Sep

85

5%

2,800

86%

34

Co

14%

33
*

No par
Co—

preferred

Shipbuilding
Participating stock

80% Jun

28

Louis

York

3

2

Haven

Preferred

5

2

St

Harlem RR

Apr

Jan

25

Nov

30

&

500

14%
105 %

143/e

20

Chic

non-cum

35% Sep

76

46% Jan

$5

94

24% Jan

18% Oct

20

'105

14%

17%

6%
preferred series A
100
New York City Omnibus
Corp.No par
New York Dock common
No par

11

19% Jun

Central

14%

14%
105%

14%

12%

'66

5

Common

New

18% Jan

16

85% Jan

9

Mar 24

673

13

Brake

'14
'105

66%

12%

1

100

25% Jan

Air

11

14,400

25 VB

10

preferred

7

14%

86 %

13%

11

14%

33

87 %

13%

%

105%

14%
'105

'86 y2

14

Oct

105%

common—No par

29

14% Feb

14%
,

6

11

14%

Sep

86

10%

143/4

30

350
=

'105

6

18% Dec

Jan

11

14%

100

—

49% Dec

70

114 '/2

'112

103/4

20

5

28%

28 Va
114 %

4%

34% Feb

17% July 13

28%
'112

10 Vb

Newport News Ship & Dry Dock—1

Dec

3,500

28%
113%

6%

New

73

170

28%

28

'112

28%
114

500

7,700

4%

23% Mar 17

9

DAY

90%

10%

8

Apr

NEW YEAR'S

24%

90%

6%

17

14% May
1
59% Oct 13

26%

24%

90%

4'/a

17% Sep

3

26%

243/8

90%

10 %

23% Sep

Oct

26'/2

24

90

6%

% Aug
8
23% Dec 23

17% May 26

26%

24%

4%

22

108

26%

10 y4

36% Nov 24

9

3,800

6%

13

24

6,900

CLOSED

463/8

4 Vb

22

14% Apr

46 3%

10 Vb

Oct

52

46'A

1

18% Nov

100% Jan

273/,

45%

90

28

17

15

21

46%

EXCHANGE

1

preferred

York

80

2,200

24

'112

Co

Newmont Mining Corp
Newport Industries common

30

110

STOCK

1

Inc

% %

9%

'26

26

14%

4

20'/2
'27

27%

'27

273/o

45%

preferred
100
England Electric System
1
New Jersey Pr & Lt Co 4%
pfd_100

20

21%

9%

142

25%

5

Inc

20%

21%

9%

10,200

383%
173

90

100

common

20%
'27

%

173

'1403/4

90

3% %

29

Jan

46%

93/8

9%

9%

38

2,200
7,600

95

24%

10

preferred

27%

46%

100

30

34

21%

'27

373/i

37 Vb

9%

2iy4

No par
10

New

6

16% Jan

37%

86%
21

20 3/0

'93%

95

171%

Corp

Newberry Co (J J)

14% Mar 30

'93%

95

No par

Bros

4%%

'93 y2

95

]'139'/4

Service

Co

conv

3,400

12'/8
18%

Corp

Nesco

72% Mar 23

Dec

16%

10%

19 3/a

18%

Vulcanized Fibre

Neisner

2

7

16%

10'/8

19%

12%

Theatres

Nehi

6

Jan

16%

10%

19%

18%

National

Mar 25

93% Apr

18

16%

10 y«

19%

12

National

6

Jun

163%

10%

19%

12%

Natomas Co

8

Jan

Tea

4.20%

26

!38

16%

10'/a

100

Sugar Ret

National

6

10% Apr
31% Jun

9

1,200
6,100

16%

1

100

Supply (The)
preferred

4'/2%

29% May 20

104% Jan
10

Linen

Malleable

12

85% Jun 30
12% Jun 11

97

July 22

31% Dec

National

24

75

2

20

66

Nov

Apr 21
56% July 1
20%. Feb
4

4

30

45% Oct

30'/4 Jan

3,700

18%

National Shares Corp
National Steel Corp__

22% Sep

4,500

12'A

common

6

3

11 Vb

59%

18%

B

5

May 20
27% July 7
109% July 31
5% Sep 18

2

Lead Co

preferred

52% Jan

27% Oct

10%
59

5

preferred A

32% Jan

25% Oct

Jan

National

Natl

31% Nov 24

11%
593/4

common—5

Prod

37% Mar 19

30

3% Oct 23

Distillers

preferred

6%

101

Gas

'/4%

173% Nov

257/e Jan

10%
58%

1

pfd series of 1951
National Gypsum Co common

22% May 26'
96

10%
59%

25

common

preferred

Cylinder

10 3/4

58%

National

3

Apr

Co

11

59%

8

15

91

Container

200

174

'173

6

24

35

10%
x59V2

.

17%

29% Apr

15

10
No par

173

65%

155 % Jun
132
Apr

23

5,800

1733/4

172 '/2

172

172

17 %

18

22

1,000

36 3,4

173%

100

64%

29

19% Feb

20%

36%

173/4

Jan

85% Jan

20%

36%

64%

Jun

2

203/4

173/a

33

J an

20 3/8

36»/s

173/«

63%

147% Apr 24
9% Jan 31
40% Jan 26
34% Sep 22

20%
36 3/8

17

17%

177

53

17%

20%
36

17%

64%

1

1

17%

20%
36%

17%

17 Vb

15

20% Dec 31
25 % Sep 21
40% Sep 14

17%

20%
36%

63%

17% Sep
85% Dec

9

17%

5
10

common

17%

5

1

Fibres Inc—1

Corp

Co

65

15

9

7,700
3,200

17%

20

May

14

64%

Jan

30% Jan

13 3/4

1

Feb

43

14

xl3%

10

136

23

13%

Co

99% Jan

Feb

13%

'16%

Dairy Products
National Department Stores

29

7

14

Corp
Register

conv

National

14

165

30 Ys Oct

3,400

13%

National

Dec

8

Automotive

$1.25

19% Mar 27
15% Jan

7

230

31

preferred A

66% Dec
23% Jan

23% July
98% Oct

17

Sep 21

84

74%
30 %

75

30%

National City Lines Inc

22

24

16%

75

29

National

5

29

110% Jan

16

15

7%

2

Dec

2

16

74

30'/8

18% Aug 18

16% Sep

4

16'/8

74%

29%

la

11% Jan
20% Dec

12

17% Jan
34 % Jan

Sep

Aug 31

.

10

22

16

74%

30%

Airlines

56% Jun

30

16%

75%

30

•

St

Acme Co

1

13% Dec

16

75

1
1

&

National

Dec

19% Oct
97

16%

LouiaJU»~lUU

Corp

Chatt

36 V« Mar 25

19

48% Jan

2

17

•20

20%

8%.

.

8%

18

8%

100
100

-

8,800
15,600

16%
1

16%

16%

17

7,400

20%

20%

20%

21

1,000

38%

38%

38%

38%

38%

38%

'38%

38%

Jan

2

4.40%

3,600

preferred

100%

100%

101 »/4

101 %

101%

102 V*

102%

102%

210

93% Jan

27

3.90%

preferred

91 %»

91%

91 Va

91%

'91 Va

92%

106% Feb

92%

25

4.56%

108

'106'/a

107%

107%

104% Dec

9

4.44%

preferred
preferred

'91%
*106 Vb

104%

104%

*104 Vb

104%

104%

104%

200

54%

54%

5,800

27

106

57% Aug
28

6

Mar 23

19% Dec

24

15

14% Feb

2

23

95 y4 Jan

9

Ohio

Oil

Co

com

preferred

Oliver

4%%

Corp

common

convertible preferred

10
20

107

'104

___No par

Oklahoma Gas & Elec Co

4%

'106

1043/i

54

54%

53%

54%

27 %

27%

27 y4

27%

19y2

'18 Va

19 %

'19

1

8%

100

71%

9

*106'/a

Vb,

72%

8%
71 y4

8%
72

53%

54'/2

2*7%

26%

27

♦19'/8

19%

*18%

19%

8%

8%

8%

9'/®

100

72%

73

72

72%

2,300

36,

(19)

Commercial and Financial Chronicle

Number 5287... The

Volume 179

Continued—Page 9

NEW YORK STOCK RECORD
Prerfeat

Butge fer

Range for Year

Tear 1952

-

Lowest

«

Highest

Lev est

9% Mar

28
41% Dec 23
30
Dec 23
13Va Aug

EXCHANGE

8% Apr

12

35

Feb

19

19

Jan

2

Feb

20

79

Feb

19

83

Jan

11

79 y» Oct

2

41% Apr 24

52

Jun

11

38

Sep

18

55 V\ Dec

85% Jan

23

69 y« Jun

16

81

Mar 12

16

69 ye Sep

42% Oct

21

Outboard Marine &

Jan

6
21

Owens-Corning

14

11% Jun

18

16

Dec

24

80

Oct

28

88

12% Dec 30

19% Jan

11

7% Oct

6

25% Mar 22

38% Dec

13% Jan

4%

5
3

31

34% Dec

21

48

51

Mar 17

63

Oct

28

55% Jun

16

73% Mar 26

35

Mar 18

49

Dec

30

Oct

15

57% Mar

2

30% Dec

2

25% Jun

16

30% Feb 20

32% Jun 12

39% Dec

9

34% Jun

10

40

24%

5% Jan

129% Jun

25

142% Jan

22

6%

21

4% Sep

15

8% Jan

28

Pacific

15

22% Feb

20

16

8% Jan

119% Mar 10

2

17% Oct

22

7

16

9'/2 Jan
6% Jan

19

8% Sep

14

11% Feb

12
29

9

Jan

93

2

5% Sep

14

9% Jan

6% Nov 17

'

preferred

Panhandle

2

30% Mar 27

Paramount

34% Jan

7

Park

Parke

16

38

Jan

26

33% Jun

16

397/8 Jan

30

8% Apr

28

6% Sep

15

8y8Jan

5

Parmelee

15

7

4% Sep 21

8% Apr

9

Patino

5% Nov 24

18% Jan

2

31% May

7

I ^ Va-Dee

22

10% Oct

20

17

20% Jan

34

Jan

5

35% Nov

-

44% Jan

29

8% Jan 29

23

20

10

.

*

#-

27% Sep
.

2
,'

:

19

14% Aug

15

33

Dec

29% Dec

14

81% Dec

10

14% Apr 23

39% Mar 19

10

41% Dec

28

2

107% Feb

29% Jan

5

27

Jun

11
11

101

Jun

33% Dec

23

16% Dec

29

23% Jan

67% Jan 23

40% Dec

29

52% Jan

15

28% Sep

11

32 y4 May

Aug

5

127

*124

Nov

14

31

Feb

6

40% Feb

18

28

8% Feb

20

11% Dec

3o

145

5

148% Mar 16

15

Sep

14

48

10% Jan

15

15% May 21

18

44% Jan

2

2

105% Apr

7

99

22

23% Jan

22

Sep

15

Pet

Dec

28

Jan

30

21% Mar

19

19% Jan

25

19% Mar 25

42% Jan

2

26

34 y2 Oct

20

Pfizer

29

117% Jan

2

91 y2 Jun

18

108% Jan

2

31

29 y4 Sep

21

43% Feb

5

15

28% Jun

16

327/b Jan

19

May 15

20% Jun

24

Jun

1

33

May

3

41 '/a Dec

29

Apr

17

33% Dec

22% Jan

2

103% Jan
*103% Jan

6

99% Jun

17

93

Oct

99

24

86

112

2

Jan

25

8

Jun

24

99

Jan

10

108

Feb

26

108% Nov

12

104

20% Feb

July
7
87/8Sep 21

8

18% Jan

15% Jan

2

26% Jan

2

36% Nov

12

26% Nov

3

90

Apr

12

80

42% May 15

52

Dec

8

41% Dec

93% Jan

12

101

3

88% Dec

29

95% Feb

13

Dec

30

83% Jan

May

87

98% May 10
Dec

20

13% Mar 15

29

98

69 '/2 Mar 25

19

Phoenix

10

33% Jun

5

39

Mar

5

32

Sep

8

95

July 22

19

Jan

4

29

19 % Dec

24

Nov

29-

37% Jan

21

101

preferred
Pitney-Bowes Inc

2

Jan

$4

22% Mar 27

6

Pitts

106% May 22

106% May 22

14

110% Jan

21

1

37% Jan

29

18% Dec

29

29% Jan

5

6

95% Feb

13

77

Dec

24

94

Feb

17

106'/2 Jan

28

76 % Dec

29

97

Jan

7

Nov

26

4iy« Sep

15

59% Feb

3

17% Jan

14

11

Sep

15

16% Mar 18

91

Oct

46

May

1

62

1

142

Feb

21

156

Aug 18

148% Apr

21

162

Sep

151

Jan

4

165

Aug 25
12

153 y4 Jun

11

165

Feb

18

8

Oct

27

10% Jan

21

6V2 Dec

31

9% Feb

17

Oct

16

25% Jan

21

12% Sep

15

21% Jan

5

78% Oct

30

85

17

60

21

73% Feb

27

Jan

23

18
31

25% Apr

17

Sep

59% Dec 31

17

25% Dec

23

80

Oct

20% Apr
129
Jan

68

Jan

H% Jan"

12%

9

Feb~l4

15

Jan

9

18

Aug 27

34% July

3

17% Sep
146

Sep

86

145

Sep

10% Sep

26

Mar 20

75

25% Mar 18
150

Apr

27

14

31% Jan

2

14

98

15

12% Jan

common

Inc

28% Oct

16

37% Mar 15

23 V2 Sep

14

347/8 Apr

2

Plymouth Oil Co—a

40% Oct

24

55'A Feb

13

30% Dec

23

46% Feb

3

Pond

Dec

22

19

22

13% Oct 13

177% Jan

29

15

Jan

16

Jun

8

19 V2 Mar 23

14% Jan

7

18% Dec

4

9% Oct

16

13% Jan

18

7% Sep

15

31% Sep

9

35% Dec

15

34% Jan

8

39

62% May

8

69% Dec

11

59% July

1

•71% Dec

11% Oct

8

17% Jan

22

9% Dec

31

157/b Jan

May 13

86V4Jan

2

76% Dec

29

82% Jan

80

11% May

7

May

$4.75

cum

preferred-.

1

31% Nov

26

2 6%,*Jun

5

357/b Dec

Public

Serv

Co

of Colo

8

34% Dec

10

29% Jun

18

37 % Dec

Public

Serv

Co

of

2

87

73

Jun

23

84 y4 Nov

22

Jun

3

25

Sep

15

May 16

Sep

8

26% Dec

24% Jan

2

27%

24% Jan

2

92% Jan

2

25

11

Nov'li

27% Aug

92

Jan

27% Oct

30
20

277/a Feb

24% Jun

6

preferred
4.32%
preferred
4.90% preferred

24

Jan

6

4.08%

102

Jun

5

Pub Serv

$1.40

No par
10

Indiana—No par

100
25

3% %

27'A Jan

24 y8 Jun

103% Nov 20

26

1
100
5

B

Jan

81

27%

23

23 y8

1,100

31 %

31%

32%

31%

32 %

15,000

36%

*35%

36%

*35%

36%

—t—1

El & Gas

cob

25
No par

preference com—No par
preferred
—
100
cum preferred
100

div

22'%

28%

*28

29

*28

29

36

35%

36%

40%

*39 %

*

35
36%
81

*25%
*27
25%
25'%
*97%
*106'%

24% Dec

15

3

4

'Jun

18

27% Feb

25% Aug 31
131% Jun 17

5

148

30% Mar

146V2 Feb

2

25% Jan

2

20% Sep

23% Jan

2

29% Nov 25

72

Jan

9

81% Dec

8

3% Nov

14

4% Oct

9

15

21

19

29% Jan

6

Jun

18

79

Jan

2

2% Oct

15

3% Sep

15

68

Nov

4% Jan

6

5ya Dec

4

Nov

9

3% Jun

18

4% Jan 11

88% Jan

2

97% July 18

86

Feb

26

96

40% Mar

5

48

35% Dec

30

47% Mar 25

For footnotes




see

Aug 29
page

22.

No par

Radio Corp of America com—No par
$3.50 1st preferred
No par
RKO Pictures Corp
1
RKO Theatres Corp
1
Ralston Rurina Co 3%% pfd
100

RaybestomManhattan

14%

14%

15

107%

107 %

-No par

1,800
NEW YEAR'S

95%

104'%

103%

108

8%

9'/a

28%

28%

84

84

20

310

31,300

S'Va

9

6,900

28%

28%

84%

*84

10

18,400

41%

41%

42'%

42%

42%

89%

*88 %

90%

89

97

87

31%

33

54%

54%

53%

54%

10%

10%

10

10

35%

35%

35%

35%

99

99

99

X99

18%

19%

81

81

44

44

44

70

1,500

19%

6,300,

18%

44%

710

81

76%
44%

11%

44%

1,600
3,400

3,400

12

11%

160

*157%' 161

*157%

161

*162

163%

~10

162

*162

54

54%

2,900

6%

6,100

11%

12

12

162

600

22

76%

,

*157%

700

100

*79

77

76%

77

11%

35%

35%
22

19%

76%

II,500

*105

81

18%

54%

53%

*93 %

*105

*79

97%

*92

*10

22

22

22

21%
*105

,

163%
54

53%

53%

6%

6%

6%

12%

13%

12%

13

12%

60 '/a

60 %

60

60%

59%

60

61%

61%

61%

62

19%

19%

19

19%

53

62%

62%

*18%

19%

6%

*148%

18%

18%

18%

19

90

90

89%

11%

10%

*10%
23%

8%

7,500

19

89%

89'/a

89 '/a

10 7

11%

11 %
24

8

32%

32%

32%

14 '/a

17

8%

8'/a
*35%
68%

69'

1,700

68%

9%

10

9%

9%

9%

76%

76 %

79

34%

34%

34%

76%

76%

34%

34%

34%

36%

37%

36%
*81

82

25%

*25%

25%

*27

36'/2
82

25%

25%

25%

25%

25%

25%

25%

25%

25%

25%

97%

97%

*106%
40

40

46%

*98

108

99

108

40%

40%

46%

47%

40%
47 %

*106%
40%

46%

'

*108

109 %

27%

28%

140%

140%

21%

24

.

4%
r
„

23'/4

23%

76
2%
4%
*88

76
3

21%

76%

35'/2

3

4%
90'%

36

*108

28

109 %

28 %

76%
2%

4%
*88

35%

27%

99

23%
76 Va

3

40%
47

28%
144

21%

23

23%

*75%

77

2%

3

4%

4%

4%

*89%

90 %

36

6,700
100

5,000

12,500

109'A

90 %

35%

12,200

108

21%

21'/a

x23

*108

*142

141%

3,300

28

25%

*98

3,400

25%

25%

*107

25,000

30

*25%
*27

28

,

330

82

82

*25%

28

9%

36%

37

*81

*27

20,800

37

69

69

76%

800

3,200
,

8%

37

*35

1,700

14'/a

16%

68%

81
25%
28
25%
25%
99
108

200
'

16%

14%

8%

8%

-140

6,200

24

16%

37

1,400
»

-

18%

23%

*14

14%
16%

*35

470

1,400

32'/a

32%

14%
16%

12,200

13

23%

23%

31%

6%

*148%

*148%

37

300
rtio
10

29

29

97%

*92

97%

v

91%

*86%

87

*28

94

*92

76 %
35 /8

100

103 %

107%

100

DAY

107

88%

31%
14 %
16 ,4
8 /8
37
69 %
10

4,400

24%

23%
*93%

9%

*28

24%

36

107

250

21,300

CLOSED

95%

84%

*85

I! /*

36

32%

41%

19%
99

88

32%,

28%

87/B,
27%
*84

EXCHANGE

107

*103%

104%

31%

107

107

*93%

*103%

193/"

76
2%
4%
88

94

8,300
STOCK

105

30%

24 %

24'/a
*106

7,600

33%

33%
105

32 %

32%

32%
24%
107

94

—

23%

30%

32

28'/2 28ys
*140% 142
21 % 21 %

35% Jan

14%

1~200

18%

15 y4

107

Quaker Oats Co (The) com
5
6% preferred
100
Quaker State Oil Refining Corp—10

17

preferred

18%

*24'/a

9

25% Apr
138% Jan

No par

103%

18%

29%

32%

14%
16%
8 /2
"35
69%
9A
76 %

I,000

*103

103'%

31%

31%

27,900

18%

33%

*19%
23 %

13%
48%

18%

105 y4

19

200

13 y8

48%

49

*103

100
200

38

*35%

13%

13
*48

2,500

31 W

134%

*133%

37

2,200
101,700

17

42%

*31

31%

134%

30%

100

conv

*31
*133

*35%

~35%

16%
"41%

33%

40J/8
47'% 48
*108
109 %

5%

42

104%

Pure

109% Mar

40%

34

Pullman

2

16%

41

35%

35%

16%

105

199

2,100

147/s

6

Jun

35%

17%

33%

19%
80
78
44%
12%
160
163 '/4
54%
6%
13%
61%
63

1,400

*106%

*106%

35'4

103%

600

36%
41

36%

*39%

35%

2,800

11%

41

30%

"l6

75

*11

18%

2
4

103

11%

29

74%

74%

11

*103

20

28

73%

10%

40%

64% Jan

Apr

73%

134

100

4

29

16%

43% Jan

110

28%

22

*28

35%

109 % Jan

106% Aug 11

600

23

28%

*106'%

35 % Sep

common

31%

35%

101% Jun

(The)

400

31%

23%

35%

3,900

-

31'/a

31 %

104%

*105
19

!

*21%

30%

8,600

37 '/a

*

*39%

__

-

,

37

10%

11

Inc

3

ill

10%
10%
;-37 ■ ( 37%

6,600
.

...

72%

21

Oil

2%
10%

2%

3

'*28

23

42% Sep 14

47/tt

27/a

500

67/a

4%

*28

69% Jan

Nov

*6%

5

*22'%

43% Jan

109

7

4%

31 y8

56% Oct

3

7

4%

2"%

39% Mar 20
16

7

4%

4.70%

102% Jan

'

67/a

31%

*77%
77%

Pocahontas

Creek

& Co class

28% Apr

26% May

26%

23%

15%
33"%
103'/a
30%
30%

No par
No par

4,500

27%

23

31%

31%

5,200

27

15

1
No par
Potomac Electric Power Co
10
Pressed Steel Car Co Inc com
1
4'/2% conv preferred series A—50.
Procter &
Gamble
No par
Publicker Industries Inc com
5
Poor

6'/a

5%

6

200

47

6

33%

coin—No par

convl preferred

Plough

14

14,900

10%

*9%
148%

(The)

220

6'/a

37

12
*157%
*161%
53%
6%
13
60%
627/8

Co

98 %

10%

44 %

5y2 %

98%

*44%

47

102 '/2

1

Pittston

July 30

98 %

13%

Pittsburgh & West Virginia
100
^Pittsburgh Young & Ash pfd—-100

58% Mar 16

98%

48

Co
1
Pitts Ft Wayne & Chic Ry com—100
7%
guaranteed preferred
100
Pittsburgh Plate Glass Co
10
Pittsburgh Screw & Bolt
No par
Pittsburgh Steel Co com
-No par
5% preferred class A
100
5%% 1st series prior pfd
100

6

Sep

Co

70%

98%

13

1
100
12.50

.

70

48

100

RR

L

& Chem

;

—

70%

134

Pittsburgh Forgings

3

44

St

&

C

convertible preferred
$4.80 preferred (conv)
Pitts Consolidation Coal Co
$5

24

56% Dec

C

Pitts Coke

14% Dec

42% Mar 17

Hosiery—

Pillsbury Mills Inc common

14

Oct

85

com

5%

May 18

24% Oct

110

Corp

15

4

Jan

Jan

Jones

30

Jan

15% Apr

Phillips

9%

31,100

23%

*28
*92
97%
54
54%
10%
10%
35% 35%
*101
102%
*22
22%

23

92,400

9%

69%

*35%

No par
100
No par
5
25
No par
2

5

Dec

Dec

17
30

12

98

23

29

48% Sep

Dec

64 % Dec

23

102 % Apr

Jan

98 V2 Jan

3%

26%

24 Vb
24 %
*106
107
*91 %
94%
*103% 104V2
*107
107%
9%
9'/4
28
28%
*83
84%
x41%
42%
*88%
90%
*87
92

preferred
Phillips Petroleum

20

98

Mar 13

101

9% Dec

July 29

27

55

48% Feb

94

5

Nov

88

18% Jan ,27
92% Jun
1

31

8

36% Jan

27

Apr; 28

8%

3%

9%

X31%

No par
—100
preferred
3.8% preferred
100
4.3% preferred
100
4.68%
preferred
100
Phila & Reading Coal & Iron
1
Philco Corp common
—3
3%% preferred series A
100
Philip Morris & Co Ltd common—5
4% preferred
100
3.9%
series preferred
100

2

*8%

3%

*43%

49
49
*103
103%
18%
19

4.4%

5

Jan

8%

3%

9%

134
134
*35% 38%
13
13%

$1 conv preference com

25% Mar 17

111

*8%
'•

70%

57/a

74 %
11
367/e
41 %

Corp
Phila Electric Co common—No par

96% Jun

4

108% Mar

Phelps-Dodge

31%

23%

23%
28%
29

—18

& Co Inc com
preferred (conv)

(Chas)

2nd

4%

30%

26%

31V2

Co

Brewing

Pfeiffer

30

18,800

31%

30%

37

*30%

—100
5

330

'

'

45%

27/b

74%
H
36%

No par

4%

5

4%

5

11
37%

40

23

9'/a

35%
17%
41 %

preferred
Corp of America

16% Dec

3o

130

5

6.300

7
5%

17
407/8

Milk Co common

4%%

30% Oct

July 28

137

*98

23'/2
32%
36'/2

35 %

Petroleum

6

105% Sep

14% Dec

114%

137

6'/a
267/b

50
10
5
100
100
33'/3c

Pepsi-Cola Co

49

8

17%«ep

22

105

38% Aug 21

Jan

Light Co

&

Power

Peoples Drug Stores Inc
Peoples Gas Light & Coke
Peoria & Eastern Ry Co

27

Sep

19% Oct

38% Nov

5

Dec

114%

137

22%

9'/a

*106%

Pennsylvania RR
Pennsylvania Salt Mfg Co

34% Apr

,

23 Va

1147/a

137

69%

100

Penn

8

22%

114%

137

45%

-Nopar

preferred

5%

35% Mar 18

Dec

22%

114%

47/a

*22%
*28
*28

10
7
1

Sand Corp com

Penna Glass

3

18

29% Dec

101

9

30% Jun

24

27

Oct 29

46

25
25
—25
No par

5,700

22%
137

98%

31%

.DAY

114%

23

114%
136

*37%,

No par

Penn-Dixie Cement Corp

108 y2 Feb

5,600

...

No par

_

14

5

17% Feb

Ford_:

15

4

34%

6

5
25

Coal Co common
prior preferred

Sep

Jan

34

*67/b
4%
27/a
10%

Penney (J C) Co
Penn Coal & Coke Corp,

26% Feb

34%

No par
5

preferred
preferred
$1.30 preferred

29% Nov 30

25% Oct 28
105

■

Co

Enterprises

&

30% Sep

7
22

Dec

23% Jan

*11'

Proof

$1.32

65% Mar 19

9

33%

32
*35%

$1

26% Aug 27

72% Dec

€3% Oct 30

337/a

No par
—2.50

Peninsular Telep common

21% Aug 10

27y4 Aug 10

33%

23'/2

conv

Penick &

3

Dec

19,900

341/3

26%

Transportation

Mines

5%

7

11

32

900

39'/a

1

Corp

Co

&

Rust

Peabody

8

Jan

18

28%

38%

1
1

Plcturea^Corp

Davis

Parker

38% Dec

15

20% Nov

Jair

~;6

•»

100

—

Tilford Distillers

&

Oct

30% Jun

com—No par

Oil Corp_

15
30

6% Feb
Dee

28%

39

3%

Feb

5

28%

38%

8%

58

16% Oct

*46%
*28%

39%

3%

4%

......

28%

*8%

30

no
NEW YEAR'S

47

*46%

3%
9%
46 y4
70 %

30

33
'

*46%

47

8%

41% Oct

Oct 28

29

60

3%
9'A
46'/4
70
*98

Panhandle East Pipe L

Apr

34%

*58

*8%

Mar 25

10

*33 %

60

10

88%

15

34

*58

28%

xl36

Car

Motor

Dec

23

*33%

60

387/a

22%

preferred

16
15

43 y4 Jan

34%

31%

24% Sep

30% Mar 13

21% July 16

34%
*58

30%

Packard

150

8,000

393/4

1143/4

Tin

2,100

CLOSED

47

100
100
1

52% May 25

May 13

91

EXCHANGE

7%

.

337/3

1

98% Dec

STOCK

81 %

7%

3,600

28%

2

Mar

15%

81%

4,100

391/4

.

No par
Pan Amer World Airways Inc
1
Pan-American Petrol & Transp
5

64% Oct

13

100% Jun

2

33

15%

7%

800

85
51%
78

7%

5%
317/a

26

Jan

Apr

83% Dec

15%
82

7%

3,300

7%

5
30 %

8

28

12

15%
83

Shares

15
4.6
38%

60
47 '
28%

*58
*46%

No par

preferred

4%

8% Apr
3% Dec

41

59% Jan

47% Mar 31

7

10

*34%

*38
*83
51%
77%

45
37%
*83
50%
76

85
52
76

*82

38
85
51
77%

82

-

the Week

5,600

14%
45%

"15

45
38

15'/a

151/4
85
77/3
35%

*82
73/4

Friday
Jan. 1

14%
45%

14%

Consolidated Corp
Pacific Western Oil Corp coinmon_4

12

9% Nov
5% Dec

4% Apr 30
9
Oct 16

38
*83
49%
74%

15%

preferred

Teleg com

Pacific Telep &

110% Sep

8y4 Nov

2

52%
75

14%

14%
x44%

39%
85
52%
75%

*83

12.50

Mills

Pacific

26
145% May 19

120 y* No*

No par
Corp
5

conv

cum

26 % Mar

Jan

33% Jan

31

Mar 17

30

22% Nov 25

35% July 14

2

Mar 17

34% Dec

2

32% Nov

Oct~23

108% Apr 24
132

46

Fiberglas

_No par
100
Pacific Amer Fisheries Inc
5
Pacific Coast Co common
10
1st preferred noncum
No par
2nd preferred noncum
No par
Pacific Finance Corp
10
Pacific Gas & Electric
25
Pacific Lighting Corp
No par

Mar 10

25% Jan

2.50

Products Inc com

Pabco

11

17% Jan
97% Jan

Mar

Mfg

15>4
45"%

14%
45%
37'/2

5

Owens-Illinois Glass Co

10% Oct 30

Dec. 28

Par

,

Outlet Co

81 y« Dec 31

Monday

>

No par

Otis

84

<

common

Elevator

21

46 'A Dec

37% Aug 31
28

(The)

Corp

Omnibus

15 V* Dec. 28

4

YORK STOCK

NEW

1953
Highest

Sales fer

LOW AND HIGH SALE PRICES *
Tuesday
Wednesday
Thursday
Dec. 29
Dec. 30
Dec. 31

STOCKS

36

3,100
90

1,200

27,000
600

28,000

13,000
10

1,600

,,

19

20

The Commercial and Financial Chronicle... Monday, January 4f1954

(20)

NEW YORK STOCK RECORD
STOCKS

Kange (or Previous

Sep

14

35% Jan

5

"30% Dec

28

34% Jan

15

Sep

15

14% Mar IB

22

26% Oct

9

Dec

24

36"% Sep

4

9% Sep

15

12% Dec

30

25% Feb

4

34% Dec

22

19

33% Dec

37

1

8

33% Jan

41%. Feb

20

41% Dec

9

36% Dec

24

15

35% Dec

19

31 % Dec

22

11

13% Jan

8

12% Jan

6

29% Nov

18 % Jan

4

1

16%
1U/7B

Oct
t>

U

Sep

15

July

26

Mar

7

4

Jan

7

28

30% July 24
10% July
3

52% Sep

23

58

7% Jan

10

54% Apr

24%

24%

24%

25%'

31%

31%

31%

31%

2,100

8%

8 34

8%

8%

8%

8%

22,000

26%

26 V2

26%

26%

1,500

36%

8%

i(>%

50c

9

26%

12%

26%

*36

37

"36

32%

37

31%

27%

.

*25%

*

*25%

36%

100

32%

s32

33

200

27

32%

27

4

37

*36

31 "2

16%

17

*25%

27

16%

16 %

16%

12%

112

112%

26 3

26%

,

10,700

12

12%

16%

16%

2,400

12

•

12%

5,100

(Robt) & Co—

$1.25

div

preference

prior

31% Feb

26

Reliable

19
1

10

Reliance Mfg Co common

62 %Jun

29

Shares

25

No par

7% Mar 20

the Week

Friday
Jan. 1

31%

*31%

14% Jan

Sep 23
9% Dec 18-

26

Jan

Dec

23

25

8% Oct

5% Dec
25

Dec. 31

24%

"25%

Inc

Sales for

Thursday

31

50

Bros

PRICES

Dec. 30

25

-5

Reis

SALE

Wednesday

Dec. 2!)

31%

50
50

Reeves

16

HIGH

Tuesday

30%

Real Silk Hosiery Mills—
Reed Roller Bit Co

6

15% Jan

/

Reading Co common
4% noncum 1st preferred
4%
noncum
2nd preferred

6

AND

10

24%

—-25
5

.

1

Dec. 28

1

preferred
Raytheon Mfg Cc

22 % Mar 23

12

22

17% Jun

13% Oct 30

Monday
Par

$2

5

Feb

11% Feb

36

STOCK

Rayonler Inc common

8

30% Jan

36

YORK

EXCHANGE

Highest

Lowest

Highest

24% May

NEW

Range for Year 1953

Year 11)52
Lowest

Continued—Page
LOW

Stores

Conv

Corp

pfd 3%%

4

4%

"4

4

"28%

29s,a

*28 %

29%

5

9%

9%

9%

9%

series

100

59

59

*58%

4

*3%

.

__No par

"28%

29%

400

9%

9%

1,600

9%

9%

59

*58%

59

400

29

29

*58%

59

*

10
V

17% Oct

16

21% Jan

13% Sep

19

98 % Dec

16

84

14

18 VB Jan

3

24% Nov

24

18

135/b Jan

19

22 % Nov

19

3% Nov

10

5% Jan

11

2% Sep

17

9% Jun

6

10% Mar 29

47% Dec 31

9% Sep
40% Sep

19% Feb

21

90% Feb

14
14
10

2

Sep

37% Oct

16

108% Jun

24

115

Jan

3

108% Jun

28 y8 Jun

16

35

5

-

97

27

Dec

12

31% Apr
5% Feb

13

67% Jan

30

42% Oct

7

2

Metals

(RJ)

49

40% Jan

5

47

Oct

28

48

Dec

31

92 % Apr

25

80 % Jun

5

Dec

30

98% Dec

14

33

Jan

12

22% Sep

14

53% Feb
23%

43% Sep

14

65

5

26% Dec

11

6% Apr

23

9% Dec

18

Roan

2

11 % Dec

31

27% Mar

7% Sep
29% Jan

5% May 13
18% Dec 16

Richfield

Oil

48% Jan

19% Dec

33% Jan

40

16

110

May

X99

1

155

Nov 25
Jan

23

43 Va Dec

7

Rochester

29

21% Nov

9

Rockwell

Spring &

149% Dec

11

Rohm

Haas

115

Apr

24

92

Jun

2

103

Nov

3

9 % Dec

29

Apr 23
18% Feb 15

19'/a Oct

29

24% Jan

3'

Dec

17

6% Sep 24
14% Dec 29

10% Jan

13

22% Jan

30

62

Nov

19

Jan

2

65% July 15

50% Sep

30

10% Apr

17

17% July 18

liy8Dec

105

15

54

preferred

5%%

series

A
Controls

&

Royal

El

&

Co

Ruppert

50

Co

51%

39%

6%

6%
52%

52%

51

100

39%
.

1,600

6%

12,800

52%

4,000

4%

434

4%

4 '/8

3,100

38%

37%

39%

39

39%

28,400

55

48

48

"47

55

25

47%
24%
7%

*47

*81%

Corp

100%

20

82%

*81%
100

500

100

530

26

26%

3,400

48%

48%

49

47%

49%

8,200

25%

*24%

25

"24 %

24%

7%

738

738

7%

7%

7%

3,800

11%

11%

11%

11%

11%

11%

10,100

26%

27%

26%

25

26

24%

'

26%

,,

.

27

100

27%

1,700

17%

*98

1

81%

99%

7

17%

17%

17%

17%

17%

18

3,200

24%
41
19%

*144

100

81%

82 %
100

46%

24%

27Va

19%

20

*47

55

4%

*24%

11%

27
17%

_5

common

'

*24
41

No par

Co

100

25
48
24%
7%

11%

25

Axle

6%

4:%

—50

24

24

24%

24%

"24%

24%

f

40%

40%

41

41%

"41%

41%

18%

19%

18%

18%

18%

'144

149%

»

145

146

145
100

*98

7%

102

*98

7

102

7

,

7

149%
*98

\

0
11,800

n
200

149%

1

200

1,10

19

100

7%

7

7%

14%

8,100

14%

14%

14%

14%

14%

15

No par

55

55

54%

54%

56

56 %

*56

56%

500

5

13

13%

13%

14

14

14%

14

14%

3,000

Typewriter

Ruberoid

17% Mar 23

Gas

51%

39%

39

13,900

116

37%

com—1

preferred

conv

6%

*115%

1,500

43%

48%

48%
116

4%

20

4% preferred series A__.
Ronsoil Art Metal Works Inc

22

4.50%

Robertsliaw-Fulton

3

8,500

10%

38%

1

common

25% Aug

47%

*115%

10%

10,200

4%

No par

21% Mar

4,000

'.NEW YEAR'S

37%

No par

44% Mar 10

47%

115%
39%

82

7

14

47

jqo

15

10%

6%

81%

29

10%

10%

39%

997^

35% Jun
18% Dec

4

3%

6%

100

16% Sep

26% Dec

23

2

16% May

23%

3

397/3

100

22% Oct

17

35% Dec

23

3%

115%

477/3

series

Inc

22%

2%

51%

j_]()

Corp

Mills

22%

3

g%

AnLelope Copper Mines

Robblns

3

CLOSED

10

Rltler Company

22

EXCHANGE

21

_1

—

Rheem Manufacturing Co—

Jan

9

10

10%

116

series—

4.50%

Oct

27% Dec

5

Preferred

5

5

74% July

27

Mar

Jan

com

—r

Preferred 3.60%

29% Mar 13

9

14f

Nov

24

107

Co

Tob. class B

Common

58% July 21
5
90% Jan

107

3

2

Aug 10

17,000

95

21

393^

—2.50
„No par

Spring Co—

21
22

io%

475^

Reynolds

36% Dec

10%

*115%

Rexall Drug Inc——

STOCK

14%

*93

21

*91

•

No par

Reynolds

22

2%

14

14%
95

20%

223,4

22%

3

3

conv

Reynolds

43% Dec

23

14

21%

20%

22%

—10

14%
95

*91%

21%

prior pfd series A—100
Revere Copper & Brass
No par

6%

14

14%
95

21

_1

preferred
Republic SI,eel Corp com

16

56

2

42% Sep
4% Sep

14

10 % Jan

2

Jan

.--—1

convertible

$1

9% Mar 20

23

21

14%

"91%

Inc———

Republic Aviation Corp

30

Jari

50c

——25

common

preferred

Motors

Republic Pictures common——50c

0% Apr 22

Oct

85

Mar 18

52% Mar 17

6% Oct

101% Jan

$4.50

4% May 18
3
11% Jun

32% Jan

48

Remington-Rand
Reo

115% Mar 17

6% Jan

July 29

2

23

Jan

23% May 25

Aug 14
19% Jan 12

—1

(The)

(Jacob)

6,200

14%

8

29% Feb 29

35% Nov 26

.

32'/a Jan

40% Dec

23

18

9

99% Feb

21

81

Jun

12

93 % Nov

107% Nov

26

103

Feb

26

120% Dec

18

Feb

6

30% Oct

7

43% Jan

Safewuy

9

10
35% Oct 23

5

Oct

84

99% Sep

54

16% Jun

29

19% Nov

24

23

22

Dec

29

333/4 Jan

30

St L San F Ry

Dec

30

61

Sep

14

77% Feb

2

Feb

8

312

Dec

3

211

Sep

15

312

Jan

7

175

Dec

5

150

May 26

160

Sep

14

9

24% Feb

6

17% Sep

91% Sep

15

5%

4

97

May 29

Nov

12

11

24

Dec

31

27

Jan

13

Nov

17

18% Jan

2

Sep
10% Dec

9
14

96

17% Jun

22

15% Mar

23% Oct 29

33% Jan

2

20

Sep

15

28

Jan

11

Sep

15

17

Mar 23

Jan

16

70% Dec

Mar

13

21

5%

6

*118

33

18%

6,300

39%

88'/a

89'%

118

33%

32%

•

39%

89%
119%

-

118

33%

610

300

33%

8,200

19

19

19

19

5,400

24 Vs

22

22%

23

23%

23%

24

21,900

61%

61%

61%

62

61%

62%

220%

224

*218

225

165

*130

165

19

225

165

*22058

20 %

100

*93%

10

24%

5

10%
21

s

20%

1.40

15c

225

*125

225

*125

5

Schenley Industries Inc
Scherlng Corp

89 %
*118

62%

19

100

series A_

89%

32%

39%

39%

39%
119%

613/4

—100

Paper Co common

1st pfd 4.40%

89%

23 %

100

Sangamo Electric Co
Savage Arms Corp_

6

33

Power—No par

A

preferred

noncum

St Regis

32 %

89%

119

10

St Louis Southwestern Ry Co

23% Mar 25

118%

Co common—No par

Preferred series

5

Oct

16% Jan

89%

200

St

39%

39%

10

31% Dec

150

39%

s

common—

preferred

conv

75

205

x88

Stores

preferred

4%%

Joseph Lead Co
St Joseph Light &

—

22% Apr 17
*60% Feb 27

4%

165

*130

19

20%

20%

20VB

95 Va

*93V2

30
■

20%

*93%

2,000

20%

95 Va

*93 %

95 Va

24%

*24%

25

25

25

25

10%

10 Va

10%

10%

10%

10%

11

21%

20 Va

21

20%

21 %

20%

21 Va

11%

11%

69 %

69%

.

14,800
500

25

STOCK

5,300

EXCHANGE

25,700
41/100

11%

11%

11%

11%

11%

11%

CLOSED

69%

•

;—

95%

19%

69%

69%

70

70

70%

NEW YEAR'S

w"

Dec

10

54

87% Oct 30
102% Oct 23

94
Apr
1053/4 Jun

21

85% Jun

30

98

Jun

18

29% Oct 30

35% Jan

30

24% Dec
81% Jun

49% May

59

1

1

91% Jan

9

Scott

$3.40

6

Feb

25

$4

29

313/4 Jan

12

30

86% Feb

2

Feb

13

89% Apr

29

103

Oct

20

116 % Jan

30

16 % Oct

3

15 % Jun

10

17% Dec

3

May 21

68% Jun

15

79% Jan

29

14% Jan

2
4

19% Jan

12

86

98

Jun

19

36% Sep

24% Dec

14

T

21% Sep

15

Oct

15

12% Feb

13

103% Apr
163/4 Sep

3
2

12% Dec

Feb

—No par

90%

90 Va

*90

92

No par

100%

100 %

*100

102

25

25%

25%

24%

25 %

86

84

84

preferred
Mfg Co common

3.65%

3

preferred

4.30%

preferred

conv

Scranton Elec

3.35%

100

Co

*84

*102%

100

(The) com

100

Seaboard Air Line

26

8

9

$5.75

90

sink

RR Co

fund

40

Aug 13
17% Mar 24

Sears

50% Feb 29

623/a Dec

10

56% Apr

17

62% Dec

18% Jan

23% Dec

31

20% Sep

11

26% Mar 27

3

87%

No par

&

Co

42%

*89%

25%

17%
43

2,700

DAY

30
10

25%

25%

6,600

82%

82%

40

102%

102 %

102%

*17%

17%

*17%

17%

*75

77

*72

75

42%

42%

24

24%

24

*102

42%

241/4

103%

103%

87%

84 %

87

85

12%:

13

13

13%

60
300
.

43

7,500

24%

24Vs
*102

85

13%

*13

92

102

85%

102%
•

*90
*100

25%

*84

102%

77

91%
102

*100

*102

243%
102

102

5

Roebuck

43%

24%

Seagrave Corp

17%
*73

77

43%

preferred-No par

Seaboard Oil Co of Del

29

17%

*73

Seaboard Finance Co common

Dec

102%

104

17%

5

preferred

45% July 31

103% Nov

993/4 Aug 24
72
Oct
6

„

75

110

No par

preferred

Scovill

105

85

75% Jan

Paper Co common

6,100
20

103V2

86

1,200

88

*13%

400

13%

No par

60 %

61 Va

60%

61%

60%

61%

61%.

62

5

22%

22%

*21%

22%

22%

22%

22%

22%

12% Mar 12

Seeger Refrigerator Co
Seiberllng Rubber Co

1

8%

8%

8%

8%

8%

9

14% Feb

Servel Inc

1

7%

7%

7%

7%

7%

7%

No par

61 %

61%

61

62

61

62

62

I

407/a

40%

40

40 %

40%

40'/a

40%

40%

900

No par

32%

33%

32

32%

32%

33 %

32%

33%

9,200

13,200
r

15

9% Oct 27

7% Feb 25

14% Jan

29

13% Dec

29

p

82%»Nov 26

31% Feb

20

43

Dec

5

Oct

16

423/8 Jan

30

x8% Feb 28

10% Sep

23% July 31

29 % Jan

8
29

65% Feb

87

Mar

68

33

27

Mar 15

83/a Sep

15

Oct

13

60% Oct

27

80

Apr

14

35% Sep

18

42% Dec

3

7

32

Sep 15

26

$4.50

Dec

29
22

26% Feb

24
15

79% Dec

22

173/4 Jan

6

8

&

Gas

Sharon Sleel Corp
Shattuck (Frank G)

6

62% Apr
13% Sep

preferred

Shamrock Oil

43% Mar 16

24 % Dec

common

11% Mar 25

Sheaffer

(W

Shell

A)

Pen

Co

17 % Dec

23

2

15

Dec

23

11% Sep

15

16% Mar

28
May 27
*38% Nov 18

32

July

15

34

Jan

7
18

28% Sep

49

35

Dec

30

43% Mar 20

Simonds

48

July 16

30% Sep

11

43% Mtir 20

Sinclair

33% Oct

14

42

5

Skelly

23% Sep

29

37

Jan

8

Smith

(A O)

Dec

22

17% Feb

27

Smith

(Alexander) Inc

66% Mar 22

38% Oct

21

58% Mar

80 % Apr
223/4 Apr

7

42% Oct

3

13

38% Oct

6

—

1

32% Mar

~3

38 % July

11% Oct

15

17% Mar 12

Nov 20

.-53

63% NOV

20

19% Aug 27

24

_——

32% Oct
16% May
124% May

4% Feb

15

40% Jan

25

2

21% Jan

14

7

143

Sep

5

63/a Dec

7

12

8

Jan

Aug

15

70% Feb

Dec

-6

21% Mar

14% Dec

30

30
Sep 18
14% Sep 14
121

"Jun

18

,140% Mar 13

4% Sep

14

7% Feb 27

8% Jan

9

12% Dec

10

11% Jan

2

15

17

52

Dec

23

47

Oct

7

53

50% Dec

16

69

Jan

14

32% Dec

31

May
53% Feb

42"% Jan

16

33

16

40

May

6

Dec

.Mar 26

Jan

1
5

13

Apr

14

38% Nov

20

12% Jan

2

16% Nov

19

13% Sep

15

16% Feb

2

Dec

16

223/sJun

11

27 Vb Feb

24

333/4 Feb

10

34

21% Apr 22
Nov

28

38% Oct

10
16

26

18

11% Oct 23
5

"

Aug

9

Dec

23

23

Jun

5

47% Dec

23

35% Dec

29

30

76

16

Dec

49% Mar 18

11

49% May 20

21

40

73

Mar 30

Sep
36% Sep
29

Jan

17

6% Jan

4

39% Mar 16

38

—

Jan

66

33% Jun

29

11% Dec

11

4% Dec

31

4% Dec

29

May 21

80% Oct

2

15% May 25
7% Mar 17

1

Corp of America

Oil

OH

&

Steel

No pur

Corp

,

Solar

Aircraft

=.

11

2

12% Jan

2

10% Jan

3

92% Apr
18% Oct

3

17% Jan

6

10% Sep-15

20 % Mar 18

for footnotes

see




page 22.

X25%

25%

24%

25%

24%

25%

6,400

8%

8 %

8%

8Vs

8%

16,700

15

.

8

15%
35%
15%

pfd__100

South

5%
South

8%

14%
35

15%

15%

*131

134 V4

4%

4%

Carolina E & G Co com_4.50

14%

14%

14%

50%

*48%

Gold

&

Platinum

preferred

'
■

4%

140

*131

5

5

14%

14%

50

*48%

Porto Rico Sugar com.No par

33 %

33%

33

33%

preferred

33%

33 Va

33%

33%

*33%

38%

X37%

25

California

Southern Co
South

25

Pacific

Railway

non-cum

&

Gas

Co

Elec

16%
.25%

Co

(Del)

7.50

No par

common—No par

stk

tr

1,700

$4.50

D

15 Vs

35%

151/b

15%

140

*134 'a

6,000
,

.

19,100

4,700

139

100

5Va

5Vs

5%

14,300

14%

14%

14%

6,000

49

33%

32%

33%

4,200

35

33%

33%

500

38%

38 Vs

*49

200

50

16

16%

16

16Vs

16

25%

25%

25%

25%

25%

5,000

38%

12,700

16 Vs

•

1
-

800

25%

29

29%

29

29 Vs

29%

29%

29%

29%

36%

36%

35%

36%

36%

36%

36%

37

40%

40%

39%

40%

38

38

37

37%

*79

81

79

79

*79

12

12

12

12

12

'4%

4%

4%

4%

40%
37%

4%

4,500
,

38,300

40%

37 Va

40%

9,500

37%

40%
81

37%

1,100

*79

12%

12

4%

4%

81

12%,

100

1,900

4%'

9,000

1,600

1

4%

4%

4%

4%

4%

4%

4%

43/8

No par
Co

*105%

109 %

*105 %

109%

*105%

109 %

*105%

109%

6

59 %

59%

58%

58%

58%

58%

common

2nd preferred

pfd

14%

351/4

15%

49

1

50

62%

100

*100%

1

Spencer Kellogg & Sons
Sperry Corp (The)
Spiegel Inc common
Conv

15

35%
1

160

33

100

_

No par

preferred
Chemical

38%

49

;_50

ctfs

Sparks Withinglon Co
Spear & Co common
$5.50

38%

16 V8

25%

Spalding (A 0) & Bros Inc

Spencer

38%

No par

preferred

Mobile & Ohio

.

5

Gas

Southern Natural

Southern

Edison

(The)

Indiana

Bouth'n

Square

15

35%

134%

Southern

5%

14%
34%

: 15%

.

1

Amer

13%

1

62%
102

59

62%

*100%

13%
46%

46%

13%
46 %

59

62%
102

*62

*100%

13%

13%

46%

46%

63
102

13%

.

*62

*100%
13%

63

800

310

102

13%

5,000

46%

3,200

6 %

5%

6%

5%

6%

29,300

par

52%

53%

53

53 %

53%

53%

53%

53%

1,390

___5

26 %

26%

25%

26%

26%

27%

26%

26%

1,900

No par

28%

28%

28%

28%

28%

28%

28%

28%

3,000

86

86

86

*86%

87%

*86 %

87%

12%

12%

12%

12%

12%

12%

12%

13

8,300

12%

12%

12%

12%

12%

12%

12%

12%

3,200

2

(stamped)-No

$3.50 preferred
No par
Standard Coll Products Co Inc
1
Standard Gas & Electric Co_No par

18/aNov\26

4,500

34%

91

11

35%

xl5%

Standard Brands

Feb

35%

1

29% Mar 18

80% May 5
12% Dec 29

36

15

25

28

35%

8%

31% Jan

15

36%

25%

21% Aug 31

Sep

35 %

8%

5

Solvay. American Corp 4%
South

conv

28% Dec

39,100

25%

preferred

2

32 Vs

20

Co

4.60%

80% Jan

31%

36%

Socony Vacuum Oil Co Inc

4.50%

22% Jan

32Vb

36%

Smith-Douglass Co Inc
,

5

6

31%

670

16

8

31%

5,700

28

34% Dec

500

31%

14%

19% Jan

26

35%

13%

62% Dec

25% Feb

12%

29%

35%

14

101% Dec

9% Mar 19

12%
29%

35'/4

13%

2

49% Mar 20

12%

29%

35

13%

14

67% Mar-23

12%
29%

35'%

13%

12% Sep

14

12%
29%

35%

13%

98% Feb

14

12%
29%

35%

13%

May 16

29

12%

29%

No par

9

35% Sep

12%
*35

38%

99% Jan

5% Sep
"52% Dec

3,200

200

44%

19

3

1,200

43%

52% Jan

12

15%

38%

2

13

15%

43%

57% Jan

Jun

15%

39

23

10% Jan

15%

43%

Feb

73

15 Va

39

2

45% Dec

15%

43%

18

18

15 y4

39%

Oct

7% Nov 16

15%

2,700

43%

Feb

63% Nov

4,100

38%

44

7

78

39%

103

26% Jan

8%

25%

76

.43%

9

103

8%
24%

77%

433%

19

17% July 18
31% May 1

81%
24%

77%

*39%

Dec

52

8%

*24%

77%

100

49

22

8 Va

24%

100

16

21

110

76 %

10

Inc

21

Dec

500
4,900
22,500

preferred

28

7% Mar 25

^

preferred

Oct

60% Dec

j

<.;•!

3%%

Feb

107

J.

*24%

'

32 Va

common

—■

4.20%

6

17

x8

9

7%

78

31%

Corp

38% Apr

9% Jan

8 Va

24%

8%
7Va

77.

No par
25

Co

100

103% July

*

"

29%

1
No

Saw

Smith-Corona

1
5

45% Jan
38

4

6

213,4 Mar 20

Corp

Simmons Co

25

18 % Jun

Mfg

Sheraton

5

20

37% Jan

*

.

Sheller

1

15

2

13% July
10% Jan

8Va
*24%

No par

Corp._

Oil

60%

.

.

Co
Inc

com

1

6

86

-

.

6%

5%

46%

46%

50

)
*

\

I

Volume 179

The Commercial and Financial Chronicle

Number 5287

"

(21)

21
a-

STOCKS.

Range for Previous
Range for Year 1953

Year 1952
Lowest
50 Vu Jan

92

35% Oct 23
10

Jan

25

67

47% Jan

16

Oct 16

94

Mar 15
Jan

22

31

64 Vi July 23

100 Vs.

11% Pet 30

36% May ~2
13% Mar 24.
32 'A Oct

Dec

91

"'•45

Nov 28

3

10%-Dec

32% Jan

17

98

23

32% Oct 29

*

-

Jun

87

2

Standard Oil of

78% Jan

5;

Standard Oil

38% Jan

3

'■-47% Dec

-

Starrett Co

Sterchi

36V* Jan

24

2 i l ^3Va%

25%'Nov 23;

37Va Dec

30

71'6% Sep. 14

23% Feb

2■:.<

Stewart-Warner

17% Feb-

2

Stix

.

17% Sep

2

12% Dec

10

10%-Sep

16% Nov 21

18

21

16% July

29

15% Mar 11-

15

52%

69'

68%

68%

68 Ma

717/#

72'%

71VA

713A

71%

72 y»

321/#

.

32 7%

31%

32% ."

31%

32 y8

98 y*

98 y*

*97 %

.'A

1

,

/

100

*97M* 100

9% '

9

5

10%

Nonpar

8%

,

11%

"

9 Ma

.

10%

8%

Jan

23

-

Feb

12,000

72%

25,500

32

32 y4

12,500

*98

99%

9y„

10%

8%

26"% May 20

Baer

*44

46

*44

44»%

44 %

lls/8

10%

ll1/* ;

10%

11

10%

11

37%

36%

37%

36%

37 %

36 y2

36"%
91

>__1QQ.-

90

90

v

25%

5

Coi——;

Stofcely-Van Camp luc

*.>•

15

-Corpi^li;

Fuller

&

:J

44%

36%

18% Nov

9 ';.
9

" *20%

__5

12%.

20

*17Va

■

91

25M*f

25

20y»

20 y*-

13

i3M8-

12%~-

20V2

-12%.
-

92

■12%

91

25 Ma 'A

20%

13Ma

12Va

46

25 y».

*91

90%,

20%

-

13

r.

-

25%

'

25%

1

common

Stone <Sj Webster—;

43% Feb

2

Studebaker

Dec

14

26% Jun

10

8% Sep

29

99

31

10% Jan

21

4

101 % .lun

27

Apr

,

92

Oct

68% NOV

79% Jan

3

94% Jan

29

114% Jan

8

119% Feb

15

110

18% Oct, 6

24% Apr
24% Jun

3

15

J6

26'% Apr

3

122% Jan.28
1

18

22% Dec

5%

10% Mar 13 V

20

35% Dec

17

8% Nov
96

"Dec

38

14-

21% Mar 25

23% Sep

30

24% Jan 26 *

19% Sep

16

J17

i

Jan

series

$4.50

Sun

7'

Sep

Corp

13

12%*.. 12%

A-

—Nepar

■

t

/

237/# Mar 26

Oil Co common—.:

5Va%

2nd

conv

63

May

70% Dec

1

8% Oct

16
17

19

Oct

30

22 % Apr

24

102% Jan

570

66

11

11% Jan

Oct

115'%

16

*23%

24Va

23%

21'%

21%

*2iy2

Sunshine Biscuits Inc—.,..
Sunshine Mining Co_
Superior Oil of. California

20 ;

Superior

Nov

Steel

Corp*.—.;

Sutlierland

Paper Co
preferred

4.40%

14%
3iy4

50
5

common

6%

20ya 7

13ya

13 y2

12

12»/a
17 Va

Jun

18

Nov

6

100

ill

10% Jan

24

14% Dec

15

12% Jan

13

18% Dec

11

Sweets Co of America (The)—4.16%

*16

30

35% Jan

22

35% Jan

2

44 % Dee

14 *■

Swift

41% Dec

4

32% May

2
14

81% Jan
102

May

5% Oct

100

24

29%-Sep
; 78

89% Aug 25

23

21'

Jan

86

May 22

16

111% Jan

15

7 'A Feb

25

17% Nov

$4

5

17

14

Jan

5

4% Mar 11

9% Dec

16

8

Ms Jan

20

46 Ms Dec

23

33

-Sep

14

16'A Aug 13 :
47% Mar 3 /

50% Oct

16

60% Jan

29

49% Sep

18

58 Va Dec

27% Oct

16

Dec

31

34

i00% Apr

15

15'A Nov

13

37

28

Jan

2

116% July 141 ■'r*- W/4 Dec
5'/b Oct

15

Taleoil Inc
,

32 Ma Oct

16

128

Oct

16

86

46% Jan

12

30% Sep

195% Mar 28 V

Jan

8

Dec

24

46 Va Nov

19

10'/a Nov

17

18% Jan

2

135

18% Feb

Oct

103

30

32% Jan

101-

Gulf

1

Texas

S

Texas Gulf

&

5% Oct

15

14

42% Feb

24

Texas

Pacific

Pacific .Land

165
138

Jan

31

15% Feb

7

29

43% Feb

14

^

48? a Dec

Dec

18

12% Mar

13

14,

12'A Oct

15
10

6%

7

15 Ma Nov

35 Ms Dec

9'

Mar

Sep

37'A Jan
Dec

30

17 Ms Jan

42

20

Oil

14% Jan

10

22

8

Nov

26

12% Feb

41

Nov

25

48

Feb

% Nov

10

4

Jan

7% Dec

18

1

12 % Jan

31

40

Jun

1 % Jan

4

15 '

8

9 Vb Jan

31

6% Dec

15

14

Feb

27

44

Ry

Co__

11

15% Feb

8

9% Oct

15

42 lA May

1

59% Dec

16

41 'A-Sep

15

91 '/a Jan

9

98% July

3

88% Jan

1

97 Ms Jan

% Nov 30

3 Va Jan

28

2

Jun

17

25

22'A Jun

4

July 28

31

1

July 28

16

Oct

22

24% July

23

49

Jan

*10% Jan

3

12% Dec

9

27% Mar 12

16% Oct

23

22% Nov

18

27 Va Mar 25

Tide

46% Jan

Timlten

10

13 Va Mar 25

Toledo

Sep

14

29% Mar 19

Transamerica

35

23% Jan

3

12% Sep

14

20 Va Feb

17

10

25

Feb

2

17% Jan

27

Dec

8

17% Dec

9

13% Sep

15

Jan

10

112% Dec

15

106% Jun

24

15% Jan

3

21'A Feb

15

15

Dec

29

15

42 Ms Jun

19

47 Va Feb

21% Dec

4

15% Dec

30

24% Jan

60% Dec

10

49

Sep

25

69 Va Jan

30

10'/a Oct

27

14% Dec

16

13% Jan

2

21Mb Dec

28

Preferred

30

25

44% Feb

8% July 15

12% Dec

ll'/a Jan

9

Dec

11

12% Jan

7

Jan

31

38

7% Dec

22

29

h
•

'

15

15

Jun

8

35 Ms

Sep

25

45

Jun

18

9% Mar 201

Twin

15%

14%

14 Mb

14'/a

*14%-..

14 Va

41%

41 Va

41%

57%

57%

39

39%

80%

9,200

81

14% v
42

56%

57 Ma

38

40%

38%

,39%

82

57%

57

..

*

.

200

14%
•

•

.f,

J

900

..

400

•

'

••
.

;

10,000'

,

v

'

12,800

:

6,700

5 Va

5Va

34%

35%

8,400

107

109

110'A

111%

106

110

9,500

109

107

107

*107%

48

48 Mb

48%

6M4

6%

48 Va

47 3A

6%

6%

6'A

13 Ma

13%

6%

109'/a '

•

108'A. 109'%
107% 107%
48 Va

■

'

■

10,000

4-

400

4,900

48%
6 Ma
4

6>/4.

25,700

13 Va

13%

13%

8,200

13 Ma

13%

13%

13%

13%

2,300

38%

*38 Ma

38%

38%

38 '/a

100

8%

13'A

13

13%

8%

*8

8%

8 Mb

8%

8

STOCK

7

7%

EXCHANGE

1,200
v'

7'Vb

7%

42

42

2

%

2

*1%

7

7

*41

43

7 Mb

7

43

*41%

;.i%

1%

1%
9%

1%

3,200
50

CLOSED

43

1,100

1%

9%

9%

100

NEW YEAR'S

No par
10

9%

*9%

50%

*9%
50

*82 Va

48'/a

60

48 Va

49

49

49

93

92'/a

92%

92'/a

92%

92 Ma

92 Ma

130

1%

1%

1%

1%

1%

1%

4,500

1%

9%

6%
*41

*9%

•

*17'/a

19

17%

*17

18

20>/4

•

18

17

DAY

2,100

500

18

20%

20

20%

19%

20%

19 V„

20 Ma

22,800

35%,

35%

35

35%

35 Mb

35%

35%

35 Va

10,100

5

123/e

12%

12%

12%

12%

12%

12%

12%

3,100

2

27%

28

21 Va

273A

27%

27%

21 Vb

21 Va

8,300

5

13 Va

13%

13

13%

13 Mb

13%

12%

13'A

12,900

No par

11 Va

17%

18

17

Oil

No par

Inc
Steel

1

15%

15%

No par-

111%

111%

15%

15%

common

—*

A

1

(conv)

*43'/a

50 /

43%

15%

15M4

15%

111%

*111%

112 Ma

15%

15%

15%'

15

111%

*17M4

18

*17%

15

43 Ma

43%

*43 Ma

600

15%

15%

10,500
60

112

112

15%

15%

*42%

43%

15%

6,500
100

2,500

16'/a

16M4

16%

15%

16%

50

49

49%

49

49

20%

21 Va

20%

21

20%

21%

20%

20%

13%

13%

14

41%
6%

41%

41'/a

150

6%

6%

5,100

13%

13%

13%

13%

13%

50

*40 Va

41%

41'/a

41'/a

*40%

1

6%

6%

6M4

6%

xl2%

6%

16Mb

1

16%

1

Co

43%

-17'A

50

1
50

prior preferred

conv

4%

13%

series of 1952

Coach

100

,

*40 Ma

*14%

15

220

82%
106

4 Ms

35%

City Rap Transit com—No par

5%
Twin

*105

4%

4%

.

*81%

106

*38%

20th Century Fox Film new

8

5% Dec

.

7,700

32

82 y2

81 %

34 Va

1

Corp

series

5%

32 y4

31%

31 y#

*105,

,

1,300

13%

Tung-Sol Electric Co common
Conv

5,000

,

38%

(The).

preferred!

43%

13%

Truax-Traer Coal Co common

25

16% Aug 25

$6

18

43%

34%

1%

Airlines

Tri-Conlinental

130

112%

17%

43%

33%

Co com—No par

Williams

&

112

17%

*38%

Corp

World

1,100

No par

Bearing.;

Edison Co

900

8,200

■

Associated

Roller

Transue

112% Aug
7
20% Jan 30

47 % Aug

40% May 19

Water

Trans

25

7

May

13% Jan
105

5

28

1

preference

14
29

23 '/a

15

x21% Jan

$3.50

r

14%

31%

5

common

Thompson-SLarrett

29 Ms Mar 27

10,700
,

17 y4

35%

No par

1 L% Jun

2

18

27

1,400

7

42%.

5%

No par

lyitg Co common

preference

Dec

19% Oct

7

39% Oct

Nov

61% Mar 26

43%

5%

preferred
50
jTliird Avenue Transit Corp.No par
Thompson (J R)
!—
15
Thompson Products Inc com
5
4% preferred
100

2

8'A Jan

72

14

111

111

81%

$2.50 convertible

3% Aug
3
14 Va Mar 12

1,700

36,700

31%,

31 y4.

31'A

3iy4
112
17
;

5'A

50c

preferred—

Co

'14%

14

14%

8 1Mb

1

Fair

Thermoid

800

22

650.7, 650

5%

48

The
;

24

/

Trust—

:

10% Oct

1,600

.7

24

6%

7: 660

*640

7

5%

109

conv

6%

6%

6%

.80 Va

35

7

i

16%.

72

....

72

72

73y4
650

82'A

10

69%
115

21%

22

40%

5%

3,800

16

24 %

*21%

14 Mb

/

600

8%
93 ya

69%

40 Ma

14%

34%

,

*114

*23%.

15

15 V4

70

.16 Vt,

800

20%

8%

115

16

81 Va

100

$2.40

4%

69 %
*114

40

1

common.

conv

*90

10

Utilities Co—*—No par

$1.25

*345/a

93%

58 Va

&

Thatcher Glass

Mar 26 v

34%
8%

8%
*90

57%

Texas

Pacific

34%

;

42%

14'/a

No par

certificates-*

Textron .Inc

6

48,600

31V#
32y#
81%
8iy2
*104XA 105
4'%
4%

82'%

*42

Texas

16

14 '/2 Mar 10

11% Aug 31
35% Nov 17

share

Sub

23

Coal

8,800

<

25

Inc

6

«.

20%

16y2

32%

*14%

8
5

Producing Co
Sulphur.—i

Instruments

Texas

6

9

—

Apr

20"%,; 21%

42%.

105

45/#

I

£

Co

110% Jan

54 %

32Ma
105

8,200

17

22

*111

44

*8iy2

(James).

Telautograpli Carp
Corp

Texas

^

„

7.50

No par

Tennessee
Texas

24

43%

—No par

com

prd (conv)-..
Gould Corp

eum

Symington

/

25

a

preferred.—

$4.40

34% May 19

13'A Jan

Go—

Sylvania Elec Prod Inc

5

40

30

4% Sep

De&/ 4
7% Janf 21

Sep

97% Jun

115

1

&

4,300

:

Vi

14'A
30%

14%
31%
ill,
16%

1,600

DAY

17%

t

650

NEW.YEAR'S

20%

i

6%

i

650

650

30% Oct

2

113

25

100

12,100

2iya

16Mb
23%

72'A

73'A

6%

10c

4,200

EXCHANGE
CLOSED
"

%;• 25 Va

20%
■

1,800

„■

20%

70

•_

*72y4

12.50

.

STOCK

20?%

115

,

.

6

69Ma

♦

*17 y8.

8'%

ni4

16'A

70

•400

-

«

93%

;

16

25

19

22% Jan

*■90

*69

1

22

32

Jan

•••' 93%

*11*

pfd ser 1950—20 /

Q9

14

25

26

••

1

Dec

660

8'%

100

10'AJan

May 12
13'A .Sep 15

207/#
20%
347/#

No par

73% Nov

15
17

520

14

.27%. Jan 26
26% Aug
112% Nov

Sep

6% Nov

18

Apr

20%
34y2
8'A.

*90

No par

-

490

' '6,300

*

17%

20 Mi.

21%
34%
8%

1

common

preferred

Class A 4'/a% preferred
Sunray Oil Corp common
4 rA% preferred series A

6

17%

21V*

20%
34%

1

i

.

17%

21

No par

.

Sunbeam Corp
Chemical Corp

5

July

prior preference.i--

Sun

*

2

82Va Jan

18;

Feb

<

v 443A
* li5/#

28% Jan

1

20

20% Dec

9,400

11%

5

15;'.

6
31

'

5

100

9Ma *

10%.

v

8,900

1.

23

30% Aug
40% Dec

8

,

31% Feb

Shares

71%

,

'
*

31,

52% -52%
68%
69

69

10%

f

10%

the Week

Friday
Jan. 1

lnc*_

(J P) & Co.Inc.

Stevens

18

*

16% Jun

52%

r

100

prefjewed

8

22% Dec

10

,

Dec.

common

Stores

30

1

common

(Tbe^TL S.

Bros

: Apr

M Nov 10
13% Oct 23

*S'/a May

15

51%

Sales for

*"

Thursday1

52%

53

683/#

,*..25

Corp*.—

Sterling Drug Inc

44% Jan

,

Wednesday
Dec. 30 '

"

7'
21 ;

Dec

38

*

<

Dec. 29

52%

Jersey

Qliio

Warner

Stanley

17% May 25?.

4

New

V 3%% preferred'.series A
Stand.By equip Mfif Co.—

12 *

13% Mar 26

5

Indiana

of

Tuesday

Dee. 28

Par

California—No_par

Oil of

Standard

Monday

-

'

12% May 11

30 L
>

Standard

100% Jan

17>

40% Fen

July

43% Jan 31

22

-,

30

8% Sep

Oil of

5

HIGH SALE PRICES

LOW AND

•

,

YORK STOCK

EXCHANGE"

"

'

.

81% Jan
'■

'May 11

BY# Dec

5

£

59% Jan

21»
15

Sep 15
Sep 21

94

Sep 18

157/a Jan

NEW

;■

Highest

49% Sep
65% Sep

85

3

70% Oct
72

Lowest

Highest

-

-

NEW YORK STOCK RECORD

180

49

*48%

49,300
3,900

u

Oct

18

15'/2 Feb

10% Sep

14

14'/a Feb

2

47% Oct

30

56% Feb

4

26

Dec

29

55 'A Jan

15

11% Jun

3

14% Aug

6

7

Dec

23

13'A Jan

8

Union

Asbestos

12

2

Udyllte Corp
Underwood

_l

12%

12%

No par

26%

27

(The)

Corp
&

Rubber

5

Co

7

7%

44

44%

44

44%

74%

73

73%

22%

22%

22%

*22%

23

No par

*103%

104

*89 Va

91

49 '/2 Mar 20

Union

Bag & Paper Corp

20

16

75 V4 Dec

18

Union

Carbide, &

Carbon

No par

19% Jun

16

24 % Mar

9

Union

Elec Co of Mo common-.

22'A Dec

23

104

Jan

2

May

93

9

83% Jan

25

Jan

15

94

35% Oct

16

July 31
5

82 Va Jun

15

.78% Jun

Apr 21

90

98

91 Ms Jun

104

45% July

9

121 % Mar 31

Jan

2

45 Va Jan

4

50'A Nov

37% May

1

42% Aug .12

100

May

28

101% Jan

24% May
913A May
30 y4 Jan

101% Jan
Nov

X13

1
3

38 % Dec

107,

Jan

25

31
30

1

33% Jan

2

l

104% Dec

16

21
8
17

37 % July 25
107

Jun

37% Jun
100

Sep
44% Jun
39

3
18

Jan

Common

"when

2

Preferred

$4.50

Preferred

16

Jan

6

$3.70

series

No par

87% Jan

8

Preferred

$3.50

series

No par

84 MJ

84%

6

Preferred

$4

series——No par

*96%

98%

10

44% Aug

13

115% Jan

5

Union

17

50 Va Jan

6

46% Mar 26

24

50% Dec

21

Jun

3

106% Jan

21% Dec

31

Dec

17

104% Jan

30

21

39% Dec

23

Union

87

33% Sep
100

Sep

18

17% Feb

11

13 % Jun

16

July 21

32% Mar 25

107

Jan

United

5%

Car

Air

Lines

$4.50

Biscuit

Inc

Board

United

Carbon

&

*89%

83%

38%

99
39

38%

38%

105%
47%

48

48

48

48

48

45%

44%

45

45

45

45%

45%

46%

47%

46%

47 Ms

*45

46%

*103%

47%
105

46%

45%

*103%

105%

103%

105

106%

104

105%

21%

21%

21 Ms

21%

21%

21%

29,300

87%

88

88

88

88

88%

1,900

39%

39 Ms

39'A

39

39

39%

39%

107

*103%

*104

107

107

*104

*103M4

14%

14%

14%

*14 Ms

14%

*14%

14%

56%

57%

57

57%

*57M4

57%

57%

57%

No par

*26%

*26%

27

26%

26%

12

33% Feb

11

25 Ms Sep

23

31% Feb

11

United-Carr Fastener

6

4% Apr

25

3% Apr

22

4% Feb

24

United

2

Feb

18

5% Jan

29

United

1

4%
9%

9%

*67%

69%

67%

67%

66

68

13 Ms

13%

13%

13%

13%

13 Ms

13%

5

11%

12

11%

11%

11%

11%

No par

44%

45%

44%

45

44%

45%

10

27%

28 V4

27%

28

28 Mb

28%

*33'/#

33%

33%

33%

33%

33%

liy4

liy2

11 Va

11%

11 Mb

69 Ms July

2

9

5% Mar 21

67

Jan

4% Jun 23

86

Cig-Whelan Stores com_^30c

$3.50 convertible preferred

4

*81

100

Corp (Del)

5% Nov

19

Sep

30

Oct

21

74

Feb

,8

49

Jan

2

72% Nov

13

15% Dec

22

21% Jan

15

10% Sep

15

17% Jan

8

United Dye & Chemical Corp com.l
1% preferred
100
United ElecLrlc Coal Cos.,
..5

7

11% Dec

28

16 % Feb

2

United

Engineering & Foundry

44

Sep 28
23% July 22
17

58 Vb Jan

14

United

Fruit

Mar 27

United

Gas

37% Feb

United

Gas Improvement Co___ 13Ms

47

14% Oct 22

10%

18

Feb

11

May

5% Feb

24

10

27
4

Ms

82%
5

27

*26%

4ya

4

81%
4%
9

•

81 Ms,

4%
9

4

4

4

4

81

'

81

*80%

81

5

4%

5

4%

8%

9 Mb

500

107

*14%

No par

Co

200

88%

10

Corp

1,300

22%

No par
Carton

1,000

9,800

88

26% Nov

7

105

2,800

21%

61% Jan

Feb

;

4,300

*39

10

No par

15

4% Jan

106

*103

48% Sep

50

38%

39%

47%

105%

160

99

106%

70% Mar 19

Feb1

83%

83%

17

3%

92

*98

57% Oct

5

100
250

39 Va

_5

common

America

preferred

United

!

800

22%

47%

series of 1952.100

of

91

*98

98%
39

89 v4

14,600

104%

104%

105%

100

preferred

Preferred 4%%

84%

84%

22%

*22

104

103 Mb
*

91

*98

74%

83%

*

103%

*89]/4

22%

44

73%

50

No par

Aircraft Corp common

United

*99

22%

22%
103

3,200

43%
*22

50

common

Co

convertible

United

21

16% Mar 20

Tank

44

43%

7

25

California-

of

Pacific RR Co

noncumulative preferred

4%

29

31% Apr

i02%

Oil

Union

15

Sep 23

distributed"

series

100% Nov

97

7,500

72%

15

61% Jun

15

22% Dec

12,800

7 Mb

22%

38% Sep

30

24'/2 Dec

110

1,800

27 Mb

74%

2

72'A Dec

30

4

12%

26%

7'/a

22%

Jan

27

Dec

Jun

1'2%

26%

7

74%

50

Feb

23

98

12%

26 Mb

7 Me

22%

26

57

Apr 30

12%

26%

7

10

43 y# Jun

111

12%

26

9%

9

69%

*67%

100

2,000
200

18,200
20

32,800

2,200
60

13%

2,500

11%

11%

6,600

45

45%

28

28%

"

it

53% Oct

30

64% Jan

30

24% Jan

2

29 Vb Aug

6

30 Ms July 26

34% Sep

19

30% Jun

12 y# Oct

15 y2 Jan

2

ll'/a Dec

24

1

54% Jan

9

96% Jan

11

19

May

2

73

10

2 Va

3

United

Merch

United

Park

U

Foreign Securities

1

46

Sep

14

Jan

5

7

95% Sep

101% Dec

23

Sep

15
14

103% Oct

13

120

31% Dec
119

8

179

16

Jan

9

61

Mar 19

Aug

31

27

May

27% Dec
66

For footnotes

see

Sep
page

22

Jun

9

2

15% Nov

27

8

56% Nov 30

9

22.

159

65

31% Jan
175

Jan

S

&

$4.50

5

U

S

20

U

23

Feb

9

U

&

S

Inc

1st preferred-

Freight

Hoffman

(The)_l

No

preferred

jJap.
120
100

com

5
100

1 Vb
49Ms
103
23 Vb
23 Va
1

49.Ms

No par

JNo'par

common

Machinery

•

1

Co

Gypsum Co
1% preferred
4M4%

Mfrs

City "Mines Co

S

Marlfl

35 % Jan
68

Co

Corp.

May 12

13% Mar

Apr

20




29

10

102% Aug

Jan

101V* Feb
167

Dec

30

*100

'-i\

116y4
175

16%
*58

116 Ms
175

1

48%
*100
22

1%
48%
103

,22%

116

116

*175

178

1

48%
*100

22%

11%
1Mb

48%
103

22%

116

117

,*175

178

*33%
11MB
1

48%
*100

22Va
117%
*175

33%
11%

1Mb
49 Ms

30,800
9,800
300

17,900
20,100

3,200

103

22 Ms
118
178

17M4

16%

17%

16%

16%

16%

17

59%

58

58

5 7 Ms

57 Va

57%

57%

700

3,100
20

1,800
60

22

The Commercial and Financial Chronicle... Monday, January
4, 1954

(22)

new york stock record
NEW

Range for Year 1953

Year 1952

Lowest

Highest

Lowest

13% Nov

23

8% Nov

24

7% Oct

22

23

39% Dec

8

34

Sep

14

40% Mar 17

U

Sep

19

67

4

57% Dec

11

64

6

U

26% Oct

16

U

3

x7% Dec

9

35% Oct
56

x81'A Jun

31

22 % Oct

16

136'A Jan
Oct

Oct

23

32 % Feb

2

Oct

26

85% Jan

31

97% Apr

23% Aug 31
127% Sep 18

6

9

31% Jan

Oct

6

67% Jan

2

54

Dec

31

66% Feb

33% Sep

15

44% Jan

5

31

Jan

24

23

Feb

13

17% Dec

41

May 18
10

35% Dec

135

Jun

27

26

4

39% Nov

9

18

30

1% Dec

31

Dec

31

3% Jan

2

1% Nov

17

21% May 27

26% Dec

€

: 22% Jan

14

23

26% Jan

7

23% Dec

156

Jan

14

169

14

Feb

61

Jan

28% Jun

10

14% Dec

May 23

65

34

Jan

33% Dec

2

19% Dec

68 % May 20

35% Dec

15
22

17% Mar 23
32% Mar 25

Van

Dec

12

15% Jan

23

5 % Dec

29

10% Jan

6

23% Apr

23

25% Dec

9

23.% Apr

0

31% Dec

29

116

17

129

Dec

11

125

3

127

Oct

31

125% Jun

3

127

1

Apr

116

32

Jan

2

24% Apr

28

29

Apr
24% Oct

87% Sep
18% Oct

9
24

93% Apr 29
29% Jan 19

119

Nov

137% Jan

July 17

16% Oct

19

27% Dec

6

88

31

112

21% Jan

2

110% Jan

8

116% Nov 20

Mar 12

103% May
2
103% Dec 15

Sep

106

95

98 % Jan

22

33% Apr
x27% Jan

24

37% Jan

14

31

25% Jan

Jun

92

Jun

35% Feb
64

Jan

18

14% Dec

7

28% Mar

31% Oct

2

27

Jun

22

68% Dec

29

59

Sep 14

18

5

No par

17%

17%

17%

17%

17%

17%

17%

36

36

36

35%

35%

noncumulative preferred—25

Stockyards

7%

7

7

7

6%

6%

6%

6%

6%

4

20

Jan

7%

15

73 %

73

1%

1%

15%

15%

1

1%

1

*29%

com.No par

24%

Corp

100

165

1

Co Inc com

6,900

DAY

90

1%
30

24%
166

1,300
8,700

>.

73

1%

360

1%

15

1

15%

26,000
1,400

'

1%

1%

1%

*29%

30%

*29%

29%

29%

29 »A

100

24%
*163%

24%

^3%

24

24

24'/.

800

*163%

166

166

1%

1%

1%

*163%

10,300

166

20

18

18%

18%

19

18%

19%

19%

19%

100

62%

63

62%

63

63

63

64%

64'A

120

No par

35%

35%

35%

35%

35'A

35'A

35%

35%

3,500

No par

36%

36%

36%

36%

2.50

of America

11%
*28%

11%
28%

11%
28%

11%
28%

5%

.5%

5%

10

100

preferred

Vulcan

72%

1%
15%

partic preferred
Power Co

com

preferred
preferred—

preferred—
Corp (The)

Mar

73%

1%

Visking

18

72%
15%

Virginia Ry Co common—

7

74%
1%

preferred-

19

73%

15%

noncumulative preferred__100
Works common—5

Feb

900

NEW YEAR'S

'

1%

Si

41,700

6%

15%

Elec

-

CLOSED

7

6%

Raalte Co Inc

div

1,200

EXCHANGE

*6%

preferred
Power & Light Co

6%

54%

6%

50

Tobacco

10,100
STOCK

40

6%

preferred

Pictures

38%

6%

preferred—No par

American

910

136

6%

preferred

Virginia

*35%

135

1

noncu

Paper Inc common—2

convertible

3%%

39

36

*35%

135%

2d pfd_5

Cbrp

$4.20

convertible

Dec

'

20

17%

Co common

Tobacco

39

Vb

3,600

.,

143%

Va-Carolina Chemical com—No par

2

30

135

39%

dividend

5

136%

143%

dividend

31

135

39%

$4 20

28

30,400

142%

$4.04

36% Mar

.30 Vb

142%

24

25% Dec

29%

39%

30

25 % Dec

30

141%

100% Oct

4

29%

38%

$5

13

29%

140%

8

11

29>/b

39%

12

Jun

29%

140%

17

44% Jan

850

29%

140%

5%

8

35% May 22
16% Apr
8

79%

No par
—-———-100

100% Dec

3

70%

79

25

37%

27% Nov

July 20

92

24%

70%

80

72%

54

130% Jan

5

24%

71

79

25%

500

54%

114% Nov

15

22% Jun 23

24%
*70%

78%

Vicks shreve & pacific Ry com-100

Mar 20

92

28

25%
72%

77%

Victor Chemical

30

25

—

1,500
•

*70%

Vertientes-Camaguey Sugar Co__6%
Chemical Co
2.50

Apr 49
Nov

59

78

Vick

Mar 19

128

May 29

59

38

Vanadium Corp
Norman Co

45% Mar 25

59

77

100

Van

8

59

54%

Utah

27% Dec

16

59%

*70%

5

4 %% •

30% 8ep

Jan

*58

X25

Universal-Cyclops Steel Corp

11% Dec

31

59%

37%

Universal

18

58%

134%

8%

30

7

36%

38 y»

Universal Leaf

17

36%

54 y»

Universal

45% Aug 14

6

30

10

23

Feb

35%

135 »/4

T/e

17% Jan

8

13% Nov
27% Oct

167

July 28

Apr 24
15

3

Sep

35 Vb

54

4%

Sep 29

35%

31 Va

United Wall

3% May 13
32% Dec
9
'27

155

11

Mar 19

35

38%

$6

Mar 18

4

15'

6
16

Aug

57

28% Apr

90

29% Mar 12

10,100
—

35%

100

preferred

preferred

Shares

8

54%

S

S

Jan. 1

15%

*7%

37%

United Stores

15

15%

8

54%

United

72% D«c

15%

*7%

8

the Week

Friday

Dec. 31

5q

9% Mar 19

27

15%

15%

Sales far

Thursday

Dec. 30

10
1
100

preferred-.—:
Steel Corp common

8% May 25

94

15%
*7%

PRICES

Wednesday

35%

Co_

common

1st

noncum

7%
U

8

SALE

Smelting Ref <fc Mln com—50

S

1%
U

Co

2

22

2

Rubber

22

19

Jan

21% Feb

S

15%

•7%

series A
series B

preferred
preferred

HIGH

Dec. 29

15%

common

AND

Tuesday

Dec. 28

Playing Card Co
S Plywood Corp common

8%
U

144 % Jan 28

10

2% Apr 23
24% July 25
1 % Sep
2

Monday

S

6% Jan

11

4% Jan

Aug 31

S

6% Dec

7% Apr
10% Jan

24

U

2

42% Dec

Co

preferred
Pipe & Foundry

3%%

144% Mar 11

37"

144

19% Oct 20
36% July 25
5% Jan
7

May

2

•

Lines

S

3%%

6

87 % Mar 29

May 29

STOCK

YORK

4%%

5

Nov

68 %"

37% Oct 23
138% May 16

*87% Oct

22

74%

146% Feb

3

8% Dec

Mar

70

30% Dec 31

30

Jan

U

26

Mar 28

102% Jan

2

53
61

22

Jan

34% Mar 21
90

17

90% Dec

Jan

22% Jan
8

LOW

EXCHANGE

Highest

23% July 21

18% Jan

»

STOCKS

Range for Previous

Detinning Co common
preferred

100
10
100
100
100
25
25.
5
10
20

5%

36%

5%

30%
31%
*125% 127%
*125% 129
28%
27
*88
92
19%
20%
123% 123%
26%
27

30"%
*125%

113% 113%
*98
100
*100% 102
25%
25%
25%
25%
*57%
59
14%
14%
*28
. 29

113% 113%
*98
100
*100% 102
25%
25%
25%
25%
58
58
14%
14%
*28
29

36%

36%

3,200

11%
28%

11%

4,300

28%

200

5%

21,000

5%

,

31

127%

26%
*88

*121

2.900

27

,27%

1,900

*88
92
19%
20%
*122
123
27
27%
113
113

26%
27%
113% 113%
100

*98

31

*125% 127%
*125% 129

27%
92
20%
123

20

5%
31

*125% 129

*98

*100% 102
25%
25%
25%
25%
58
58%
14%
14%
*28
29

•

19,300 *

11%
28%

36
11%
*28%

30%
31
*125% 127%
*125% 129
27
27%
*88
92
20%
21%
*123% 124
26% 27

1

5,200
100

15,500
60

100

*100% 102
25%
25%
*25%
25%
58
58%
14%
14%
*28
29

3,800
1,700
700

1,800

w
55

Apr

17

11% Jan
27

12% Aug

2

Nov

24

42 % Apr

29

29% Jan

11% Dec

6
14

70% Mar

22

Wabash

2

29% Jan

9

43% Jun

preferred——100

4%%

Waldorf System

13% Mar 10

21% Nov 24

RR

Walgreen

Co—j

51% Jan

7

52

Dec

22

Walker

Dec

22

10% Jan

30

Dec

29

9

Feb

27

Walworth Co—

17 % Jan

11

21% Dec

3

18% Jan

2

25

98

8

98

Jan

12

104% Dec

5

15

Oct

22

20% Jan

30

25

Jun

5

3

37

24% Oct 23

28

16

1

19% Feb

19

24% Dec

3

11% Nov

17

14% July 31
11% Jan 19

May

9% May

Ward

May 12

105v

15

11% Sep 15
14% Apr 24
23% Sep 21

35% Jan 3o

27% May 15
25% Jan
4

Sep

16

Feb

(Hiram)

16

Warner

20

Warner-Hudnut

Bros

Inc—

Jun

9

Dec

31

24

Sep

14

30

18% Jan

21

13

Sen

14

17% Apr

18% Dec

28

24% Mar 23

Wayne

Sep 14
Sep 15

13% Feb 25

8

10

14

Washington Gas
Wash

9

26%

26

26%

26

13%

13%

13%

13%

;—5

18%

19%

29% Jan

28% Dec

30

16

Dec

3o

28% Jan

32

Jun

102

Feb

7

89% Jun

9

12% Nov

5

21% Nov

5

12

16% Jan

Sep

17

106% Jan

8

9% Oct

15

15% Jan

7

46% Apr

30

56% Dec

15

18

Oct

22

26% Dec 23

20

Sep

34% Oct

21

47

Dec

19

45

20

64% Dec

12

Mar

37

Oct

98

4

29

July" 15

*97

98 '/a

—100

*94%

96

preferred series B

15

West

21

West

Va

5

4 % %1

•12% Jan

8

Western

Air Lines Inc

57% Mar 11

Western

Auto

14

32% Mar 25

Western

Pulp

2

63% Mar 25

4%

14
May 14

67% Mar 16

2nd

noncum

Pacific

27% Nov 21

22% Dec

30

48% Dec

15

95% Jan

2

39% Sep
Jun

29% May 18
52% Dec
3

16% Jun

10

32

Oct

80

30

41% Jan

30

Oct

6

89% Jan

22

28% Oct

17

34% Jan

7

25

23

29% Jan

2

Jan

23

Oct

10% Aug
29% Jan

4

14% Jan

9
2

40% Mar 17
30

Jan

8

While

15

30% Dec

21

White

Motor

75% Feb

13

14% Jan

15

25% Dec

17

Oct

16

42 % Apr

17

45% Dec

20

32% Nov

76% Jan

8

97% Feb

20

70% Dec

22

9% Oct

83% Feb

*95%

39%

40%

39%

40%

40%

40%

10,700

22%

22%

22%

22%

22 3/8

22%

10,000

50%

51%

19,000

23

*32% Jun

5

50%

50%

98%

98%

99^

21%

21%

21%

21%

100

1

Wilson

$4.25
preferred
Wilson-Jones Co

6

35% Dec

16

Winn

17

29% Oct

5

4%

5%

23%

*22%

23%

31%

21%

21 ya

1

16%

16%

16%

16%

16%

16%

&

Woodward

22

48

Jan

30

Woolworth

6%

Co

Inc

& Lovett

2

31

Elec Power Co

Public

72

ioy8

10 y8

1

32%

32%

32

32 Vb

32

32

1,500

lo

*28»A

28%

28%

29

28%

28%

2,000

i.

com

[

Service

100

Corp

(FW)

Co

Wyandotte Worsted Co

Sep

14

39% Apr

1

Yale & Towne Mfg Co

15

23 % Apr

1

York

53% Mar

9

6

13

.

Zonite

Radio

Corp.
Products Corp

■

79'A

*78%

79

7%

6%

7

35%

79

700

6%

7

6,500

37

1,000

79

22

52

21%

21%

20%

21

20%

203/4

20%

20%

4,100

38

38%

37 Vb

38 Vb

37 y2

38 Va

37%

38%

21,500

No par

11%

11%

11 Vb

ll'A

11 Va

11%

11

11 y*

6,000

No par

64

64%

62%

64

63 y®

63%

63%

64 y4

5%

4%
' ~

5

4%
**

4%

4"%

Zenith

Jan

180

763/4

113%

52

Youngstown Steel Door

>

76%

36%

2

■

293/4
*noy2

21%

16 y2 Jan

5'A Apr

77%

52

31

84

7

293/4
113

213/4

Dec

.

78%

29

*76%
*108

36%

11

,

5,100

77%

21 %

5

29

30%

29%
113

*51 y4

47% Jan

28

9,800

*35%

14

.

43%

21%

Sep

3% Oct

423/4

513/s

34

—

42%

21

13

62% Dec

2.900
2,200

42%

51

34% Jan

88% Nov 28
5% Jan 29

19 y.

383/4

42%

36

31

2

18%
38%

52

20'A Dec

Jan

19

373A

22%

Corp common
1
4%% convertible preferred
50
Young (L A) Spring <fc Wlre.No par
Youngstown Sheet & Tube
No par

4% Nov 17

136

18%

21%

9

34

68

700

36

23

Jun

16

'"ill

1

>

*51

sy8

35%

5

6,000
300

6,900
10,400
„

®stced prices;

_x isx-aivioend.

y

no

Ex-rights.




sale

u"

*

on

'

*

this day.

tin "receivership,-or petition has been filed for "the company's reorganization.
-

1,000

36%

77'A

5

16% Sep

*

10%

18%

106 V2

No par

11% Mar 17

*133

22,600

8%
72

38

29

100

Wrigley (Wm) Jr (Del)

136

8%
71%
*ioy8

42%

100

10

*133

8%

18%

common—No par

Prior preferred 4%% .series
Prior pfd 4%% conv series

136

8%

36%

10

27 % Oct

24

133

10
—10

47

17% Jan

60.500

72

21% Oct

50% Jan

2,700
'

8%

51% Dec

15

V

10

8

23

600

.

72'A

2

Oct

18,300

5%

8%

13% Jan

15

5

10

Co

Worthington Corp

Mar 19

'

71'A

lo

Grocery Co

Iron

.

..

No par

preferred—

Wisconsin

'

5%

No par

common

39% Jan
39% Oct

1,600

31

2

31

29%

22%

22

6% Dec

900

29%

21 %

Wisconsin

130% Mar 16

540

83

Willys-Overland Motors Inc

35% Mar 17

8,700

31%

25%

21

Jan

Dec

823/4
*25y8

5

Jan

71% May 12

.

2,500

—

22

19 % Dec

82

-

—

5

53

86

31

31%

300

21%

22

21

14

30%

30%

300

99

1

10

Sen

30%

2ly8

*123

*123

—

.

20

-

Sep

75

—

29

15

101

Jan

123

*983/4
;

900

97

Co

Oil

42% Dec

40% Jan

51%

*98'/a

White Sewing Machine common
Prior preference
Wilcox

36

1

49%

100

29

11% Mar 26

5

13% Feb

12%
12.50

com

Corp

29

13% Jan

19

1,200

57

95%

28%

74% Mar 10

14

52

57%

57

95 y2

29%

5

Nov

51

56%

51%

7,300

57

Co

5

75% Jan

118

5,300

82%

21

Sep 15
Sep 10

24%

25%

11

26

233/„

82%*

24% Jun

19

400

23%

25

8

135

50%

46%

83%

13

Apr 24

50%

3,900

46%

24%

24% Jan

25

22%

8,000

.

46%

82%

7% Sep

9

26% Feb

Jan

23

13

24

108%
8%

24%

12% Jan

16% Jun
51

22

50%

23J

160

110

96%

8%

83

32% Apr

126

46%

23%
*107

9

31%

30% May 27
16% Oct 15

8% Nov

46%

12%

12%

24%

25%

63% Oct

Nov 26

46

*94%

108%

_No par

15

17

8%

94%

prior preference—No par
Mfg (The S S)
20

conv

18% Sep
11% Feb

23% Nov 25

64

$5

12%

241/*
*107

8%

8%

Dental

Sep

Inst

12%
24 Yr

108%

-

99

lo

Wheeling & Lake Erie Ry
Wheeling Steel Corp com

86% Mar 24

14

138

Electric

4

14

12% Aug 18
15% Apr
2
21% May
7
15

12%

23%
'107

94 %

:-

95%

preferred series B
Elec

14

30

128% Jan

3.80%

15

4% Dec

8% Oct 22

Westinghouse
Weston

Oct

21% Dec

68% Nov

3,100

*97-TJ-,99 'J; t ^*97

f\

10

4

80

28

4

36%

104%

56%

Telegraph

Mar

127

36%
•103%

95%

A

May

24% Dec

Apr 28
27% Aug 29
13 Vb Dec 17
12% Jan 22

8% Mar

series

30% Sep

32

17% Jan

14

36%

100

Westinghouse Air Brake

20

126

36

f-103 >/* .103%

6,100

100

35% Feb

Mar 20

[ley*

8,700

18

No par

com

24% May 14

127

17%
16

10

preferred

RR

Western Union

Mar 20

18

16%

5

Co

48% Aug 13

12

17%
16

1

18

Preferred

2

300

17%
16%

Maryland Ry common—10o

Western

99 % Sep

500

2,900

■

78%

17%

100

Supply

'

16%

5

Paper com

&

preferred

46% Sep

22

24 y*

78

36%

4.10%

99% Jan

10%.

23%

77%

!°3%

Jan

1

10%.

24

77%

35%

pfd

16% Jan

9i%

11

23%

103%

90

3

11

23%

78%

100
100

38% Feb

Nov

11

23%
78%

No par

Co_

11

101

*10%

Electric

45% Feb

127

5,700

Power'4%%

7

31

1,700

9y*

Penn

Oct

16

19%

9%

Penn

15

109

18%

9%

1

25% Dec

Sep 29
8% Sep 15
43% Sep 15

187/a

9%

West

99% Jan

104

18%

9%

4

preferred series O
Virginia Coal & Coke

Jan

46% Feb
89

109%

18%

West

4.20%

4,600

2,200

9%

No par

15

1

5

convertible

Jan

*

'.

18%

com—2.50

Snowdrift

&

•

1

Knitting

2

9

400

13%

preferred
West Indies Sugar Corp
West Kentucky Coal Co

37% Feb

4,200

26

13%

Oil

2,000
600

30%

26

$4

107% Jan

20

12,700

31%

13 W

4

Jan

26

29%

26%

Mills

1,500

DAY

26

13%

17% Nov

98

26

24,400

CLOSED

26%.

9

102

NEW YEAR'S

5

41% Jan

9

17

102

No par

16

17

13%

16%

Power

28

18

13%

17%

No par

Webster Investment Co

88% Jun

137/b

17%

*31

Wesson

98% Jun

♦lOO'A

13%

17%

31

12% Mar 27

3

101'/2

13'A

16%

31V*

84% Feb

5
18

101%

13

16%

26

28% Feb

37% Dec

103%

13%,

103

31%

1

110% Sep

-

EXCHANGE

16%

30%

1

2

700

STOCK

5y4

22%

12%

31

21% Sep
73% Oct

103% Apr

100
700

2,100

51%

5

22%

31

7

2

5%
22%.

26 »A

5

2

*101%

51%

517/a

5 Vb

22%

26 »A

84

96% Jan

51%

.

30%

32% Jan

106% Mar 18

"

5%
22%

30%

28

21% May
29% Jan

*102

5

22%

26%

30

Oct

52

22%

30%

Oct

May

*51%

5%

22%

31V*

Pipe
Corp

80% Feb

26

51%

5%,
..

65

Waukesha Motor Co

Mar 16

Water

24%-

*63%

26%

&

Wayne Pump Co

28% Sep

12 y4

24%

65

31'A

Petroleum

29

12%

24'A

30%

Foundry

Warren

3

12%

23%

3

Warren

30

*12%

24

Light Co—No par

33% Mar 19
37% May 14
31% Dec 30

Dec

*63%

12%

23%

1

Inc

Pictures

63%

11%

24%

5

*-100

preferred;—i

17% Apr
18% Nov

63%

11%

51%

No par
1

65

11%
24

2.50

31% Sep

3

W

&

G

Baking Co common

5%%

4

*63%

No par
10

.

—

Deferred

delivery. -rCash sales. " wd When distributed.

(23)

The Commercial and Financial Chronicle

Number 5287

Volume 179

Bond Record

New York Stock Exchange

c«»
FRIDAY

The

italic letters

column

the

in

headed

WEEKLY

•

"Interest Period"

YEARLY

>

32nds of a point

Figures after decimal point represent one or more

Hignest

Lowest

Highest

Lowest

Dec. 29

Low

EXCHANGE

Low

High

PRICES

SALE

Low

High

Low

Low

High

*105.12

105.18

*105.24

105.30

*105.20

105.26

*105.24

*101.31

102.2

*101.31

102.2

*101.31

102.2

*102

♦103.20

103.28

*103.20

103.28

*103.20

103.28

*103.16

*102.18

102.22

*102.26

102.30

102.30

*102.24

102.28

1958-1963

*105.24

106

*105.28

106.4

*105.28

106.4

*105.26

106.2

Treasury 23As

1960-1965

*107.8

107.16

*107.16

107.24

*107.16

107.24

*107.16

2%s

1956-1958

*100.30

101.2

*101.6

100.10

*101.4

101.8

*101.6

101.10

101.20

*101.14

101.18

*101.10

101.14

23As

Treasury

Treasury

Treasury

Dec 15

102.3

107.24

1958

*101.10

101.14

*101.16

Treasury 2 Vis

1962-1967

*98.28

99.2

*99.8

99.14

*99

99.6

*98.30

99.4

Treasury 2'/as

1963-1968

*97.30

98.4

*98.10

98.16

*98.2

98.8

*98.2

98.8

98

Treasury 2%s

14

96.14 Oct

14

14

96.19 Jan

9

96.20 Mar 18

96.25 Dec

9

96.21 Dec

9

96.15 Dec

9

96.27 Nov

Mar 25

94.8

Mar 25

94.8

95.20

Oct~23

95.20 Oct

9

96.21 Dec

Oct

96.9

96.22 Dec
95.8

Dec

100.4

Nov

10
19

96120 Nov

24
18

100.4

18

NOV

102.18 Jan

102.18 Jan 29

29
99.14 Oct

_

97.19

Oct~27

23

18

96.22 Dec

10

99.14 Oct 23

23

Oct"27

97.19

Mar 18

100.3

15

97.26

*97.30

98.4

*97.24

97.30

*97.18

97.24

*97.28

98.2

*97.22

97.28

*97.24

97.30

*97.2

97.8

*97.20

97.26

*97.16

97.22

*97.18

97.24

*96.16

96.22

*96.28

97.2

*96.28

97.2

*96.3(1

*96.16

96.22

*96.16

96.22

1965-1970
1966-1971

-

<

20

96.28 Aug

22

96.4

Dec

95

97.24 Feb

27

98.10 Nov

7

10

98.10 Nov

7

100.15 Dec

7
2

Apr

96.12

*96.24

*96.6

96.12

*96.22

96.28

*96.14

96.20

*96.14

96.12

*96.24

96.30

*96.16

96.22

*96.16

96.22

Dec 1967-1972

*96.6

17

101

1

Dec

17

91.25 Apr

16

94

15

Nov

Jun

92
95

July

4

*100.30

101.2

*101.2

101.6

*101

*100.26

100.30

*100.30

101.2

*100.28

101

*100.24

100.28

*100.15

100.17

*100.17

100.19

*100.18

100.20

*100.18

100.20

1954-1956

*100.19

100.22

*100.19

100.22

*100.19

100.22

*100.19

100.22

100.10

*100.4

100.8

*100.4

100.8

1956-1959

♦100

June 1959-1962

*100.6

100.4

.

*98.20
*100.10

99.2

*98.28

*98.28

99.2

*98.28

*100.11

100.13

*100.11

100.13

*100.9

100.11

*100.9

100.11

*100.4

100.10

*100.4

100.10

1954

*100.8

100.10

*100.9

Dec 1954-1955

*100.4

100.10

*100.4

100.10

Development

1
1
May 15
Oct 15
Oct 1

98

Dec

1

23-year 3%s

101

Oct

26

19-year 3%s

4

Mar
Oct

3s

3-year

bonds

of

1976
1981
1975
1971
1956

93.16

93.16

93.16

93.24

93.24

99.2

99.8
100.13
100.11

Dec

99.2

*99.2

100.12

July 15 1972

Serial

*98.28

*100.11

98.26

1954

June

99.8

*99.2

98.26

*98.20

Dec 1959-1962

100.24 Nov

2

97.16 May 12
100.16 Nov 30

101.4

1958

25-year 3s

July 20

96

101.4

*101

1954-1955

1957-1959
June 15

&

93.23

93.16

43,000

93.23

1,000

93.8

*92.16

93

*92.16

93

*92.16

93

93.8

*94.8

95

*94.8

95

*94.8

95

*94.8

95

97.24

*97.8

97.24

*97.8

97.24

100.16

'100.8

100.24

*100.8

101

♦100.20

*97.8

97.24

*97.8

♦100.8

100.24

100.16

♦100.20

100.28

*100.20

1950

100.28 *100.20
*99.16

100.8

*99.16

100.8

*99.16

100.8

100.8

due Feb

15

1954

♦99.16

due

1955

*98

*98

99

*98

99

*98

15

99

99

2s

1956

*96.16

98.16

*96.16

98.16

*96.16

98.16

*96.16

98.16

*95.16

97.16

Feb

due Feb

2s

15

2s

due Feb

15

2s

due Feb

15

■

*95.16

97.16

*95.16

97.16

♦95.16

96.16

*94.16

96.16

*94.16

96.16

*94116

96.16

1958

*94.16

*93.16

95.16

*93.16

95.16

due Feb

15

1959

due Feb

15

1960

*92.16

94.16

*92.16

94.16

♦92.16

94.16

*91

93

*91

93

—

93

*89.16

91,16

*89.16

91.16

—

91.16

2s

due Feb

15

1961

*91

93

due Feb

15

1962

•89.16

91.16

*89.16

RANGE

Thursday
Last

Interest

BONDS

Period

New Yerk Stock Exchange

Week's
or

Sale Price

New

Transit

3%

Unification

FOR

WEEK

bond transactions.

JANUARY

ENDED

Bonds

Sold

Year 1953

Bid & Asked

Low

No.

High

High

(contlnued)-

Brazil

3%s series No.
3%s series No.

June-Dec

98

98

98

62

J2

33As series No.

lOl'/a

93

3%s series No.
3%s series No.

3Vis series No.
3%s series No.
3Vis series No.

3Vis series No.
3Vis series No.

Foreign Securities

.

3Vis series No.

*

3Vis series No.
3Vis series No.-

3%gEnJes No.
No'.

Wertheim&Co.
Members

Tmlmphonm

New

Yerk Stock Exchange

;120 Broadway, New

REctor 2-2300

-

*•'

Series'

NY

York

Sinking

Caldas

25-year

Yerelga Gevernaeat aad Maatetpal

Agricultural Mortgage Bank (Columbia) —
§ AGuaranteed: sinking fund 6s 1947
_Feb-Aug
I AGuaranteed sinking fund 6s 1948
April-Oct
Akershua (Kingdom of Norway) 4s 1968—_Afar-Sep
lAAntioquia (Dept) collateral 7s A 1945
Jan-July
S AExternal sinking fund 7s ser B 1945—Jan-July
§ A External sinking fund 7s ser C 1946—Jan-July
(AExternal sinking fund 7s ser D 1945—Jan-July
AExternal sinking fund 7s 1st ser 1957_April-Ocf
AExternal sec sink fd 7s 2nd ser 1957_April-Ocf
AExternal sec sink fd 7s 3rd ser 1957_April-Ocf
20-year 3s s f $ bonds 1978
i
Antwerp (City)
external 5s 1958
Australia (Commonwealth) 5s, 1955.
Called

June-Dec
Jan-July

20-year

3'As
3%s

(Kingdom

*70
*70
*70

105

101'A

sinking

of)

7s

pursuant

to

External dollar bonds of

1944

54
3

99 iZ

21

96%

100

7

109 Vi 109'A

*95'/4

--

59'A
—

59 %

—

—

4

59%

—

*59%
—

—

...

June-Dec
June-Dec
June-Dec

3-As series No.

12

June-Dec

For

footnotes

see




page

27.

assented

A 6s

fund

fund

A 6s

93'A

58

AGuaranteed

fund

1961

sinking

fund 6s

60

11

*87'/4
*78

'78

1962

95

77

94

80

*80 •

74
78

80
82

82.

76 Va

80

-

*78%

82

75%

82

87

76

;

'78

A6s

assented

79%

75%

79

10

100 Va

103 Vi

102% 102%

2

100%

103%

*43 Vi

40 Va

45

44%

103'A

102% 103 %

8

99 Va

95'A

17

91%

94'A

94%

20

43,'A

43 'A

2

95%

40 Va

61%

61%

58'%

38%

55%

~3
'

61%

1

61%

33%

38%

55'A

61%

34%

38%

*38'A

38%

55%

61%

33%

38%

*61%

58%

61%

*38'A

34%

38%

55 Va

59%

33'/a

38%

*61%

55%

61%

*38'A

33 Va

38%

32'A

38'/a

*61%

*38'A

*61 Vi

*38'A

36%

36%

37

76

*61 Vi

57%

58%

*38'A

34 Vi

38%

*613i

55%

61%

34%

36%

58

61%

34'A

38 %

*38'A

June-Dec
April-Oct
April-Oct
May-Nov

58 %

*61%
*38'A

55 Va

*61%
*38'A

—

—

83%

4

7 5'A

81'A

77

1

74%

80

78

8

74'A

1

80

80

89

74

SECURITIES

FIRM TRADING

82

MARKETS

81

74'A

Inatitutiona

61'A

77'A

FOREIGN

77 %

__

__

76'A

90
__

80 Va

4

87'/4

85

97'A

76

80'A

75 %

82'A

f!ARL MARKS & HO- INC.
1

FOREIGN SECURITIES

50 Broad St., New
Telephone HAnover

2-0050

44%

34

*61 Vi

38'A

95'A
,

55%

*38'A

38%

95%

91 Va

'

*61%

April-Oct
Feb-Aug
Feb-Aug

For Financial

79

102% 102%

Afay-Nov

1962

77%

75 %

78

*1? ir, ,82

June-Dec
1961

81

83%
99 'A

*81

June-Deo

6s

73%

*78'A

June-Dec

1957

82
82

75

81

June-Dec

1993

1961

63'A

77'/a

3s

74%

82

'79

1961__Jan-July

1961

sinking

assented

82
79

78

81

92

89

*91
-

6%s

A6Vis assented

61'A

1

80%

—

bonds

Mortgage Bank 6'As
6'As assented 1957

ASinklng

76 %

'88

Mar-Sept
Mar-Sept

fund 6s Feb 1961
1961

AChile
A

82

'92

—Jan-July

Feb

$

82

'80

Jan-July
AExternal sinking fund 6s Sept 1961—Mar-Sept
A6s assented Sept 1961
Mar-Sept
AExternal sinking fund 6s 1962
April-Oct
A 8s assented 1962
1
April-Ocf
AExternal sinking fund 6s 1963
Afay-Nov
A6s assented 1963
May-Nov
sink

75%

'78'A

May-No®
....April-Oct

ARy external sinking fund 6s Jan
A6s assented Jan 1961

Extl

81'A

82

82

Afar-Sept
Feb-Aug

1960

AExternal sinking

74

*78'A

1978_Jan-JuIy<

1960

92

79

63'A

86

1

*85'A

——

59

64

June-Dec

9

95%

r94% r94%-

77'/a

11;

91

*60'A

77

.77'/a

113

61 'A

June-Dec

10

assented

A6s

s

High

Low

No.

*78'A

1978_Jan-Juiy
f 7s 1942—May-No®

1942___
fund 6s

Year 1953

Sold

*78'A

June-Dec

92

3

June-Dec

103'A

55

59

June-Dec

106

86

—

60'/a

3%s series No.

33As series No.

100

3

•90%

60

\

60

77%

3%s series No.

100

ft

55

♦90'/a

77%

3%s series No.-

95'A

100 372

*109'/4

June-Dec

June-Dec

100

k

sinking

AGuaranteed

2—

8

9932

97%

9

3%s series No.

7

102%

88

138

79'A

5

100%

88'A

97%

*78%

3%s series No.

105

97 3A

97%

June-Dec

3%s series No.

101

97%

—

3%s series No.

44%

88%

97'/a

1

4

70'A

40 3A

38

97%

3%s series No.

8%s series No.

70

94%

A

(Plan B)

72

65

27

96%

97%
--

1955

Plan

1

105

97

Jan-July

1955

6s

fund

1

99% 100

(interest
reduced
to
3.375% )
1979
April-Ocf
AExternal s f 6'As of 1927 due 1957
April-Ocf
Stamped pursuant to Plan A (interest
reduced to 3.375 %) 1979
Aprll-Ocf
|A7s (Central Ry) 1952
i
June-Dec
Stamped pursuant to Plan A (Interest
reduced to 3.5%)
1978
June-Dec
6% funding bonds of 1931 due 1951
Stamped pursuant to Plan A (interest
reduced to 3.375%)
1979—;
April-Ocf
Stamped

—

43'A

100

June-Dec
IA Brazil (U S of) external 8s 1941
June-Dec
Stamped pursuant to Plan A interest
reduced to 3.5%
1978
June-Dec
AExternal s f 6%s of 1926 due 1957
Aprll-Ocf
External

——

101'A 101'A
99 3"

70'A

70'A

65 3A

4-

*70

43%

70'A

•

assented

Range for

Bonds

*78'A

June-Dee

external

(Republic)

|A7s

68'A

——

99%

Feb-Aug

IA Chile

AExternal

70'A

70

65

.

June-Dec
June-Dec

,'i

101

65
——

100 '

1962

Belgium

*70

Feb-Aug
June-Dec

1966

15-year

92%
92

95 »A
65

—-

*70

__

9911

1956
10-year 3'As 1957
20-year 3'As 1967

"4

101

*70

Jan-July

bonds

3'As

10-year

•1%

90%
101

High
82

June-Dec
June-Dec

25-year 2%s 1975
Cauca Val (Dept of) 30-yr 3ssf $bda

——

Thursday's

Bid & Asked

June-Dec

1974

2Vis

Week's Range
or

*87

June-Dec
June-Dec
June-Dec
June-Dec
June-Dec
June-Dec

No. 30

Brisbane

Sale Price

June-Dec
June-Dec
June-Dec
June-Dec
June-Dec
June-Dec
June-Dec

(City) sinking fund 5s 1957
fund gold 5s 1958___
(Dept of) 30-yr 3s s f $ bonds
Canada (Dominion of)- 3Vis 1991

1-16931

Last

—

Low

l%s srriel No.- 29_.

Tolctyp*

.

Period

Exchange

New York Stock

Yerk City

1980

Thursday
Interest

BONDS

Range for

Issue—

Corporate Stock

1

Range

Thursday's

Low

r Registered

eOash sale,

—

*92.16
*91

Odd lot transactions.

—

94.16

2s

a

95.16

*93.16

95.16

♦93.16

2s

No sales transacted this day.

—

.

1957

97.16

2s

asked price.

10,000

100.24

101

2s

•Bid and

f

96.20

25-year 3s
30-year 3 Vis I

2

94.16 Jan

90.16 Jun

DAY

♦96.6

Sept 1967-1972

Reconstruction

Oct

NEW YEAR'S

97.4

June 1967-1972

International Bank for

92.12 Oct

CLOSED

96.30

Treasury 2s

93.4

1293405876

♦97.20

Dec 1964-1969

Treasury 2s

—

STOCK
EXCHANGE

June 1964-1969

Treasury 2Vis
Treasury 2Vis
Treasury 2Vis
Treasury 2Vis
Treasury 2 Vis
Treasury 2 Vis
Treasury 2Vis
Treasury 23/es
Treasury 2%s
Treasury 2'As
Treasury 2 Vis
Treasury 2Vis
Treasury 2 Vis
Treasury 2 Vis

*97.26

Treasury 2s
99.18 Oct

Bonds ($)

103.24

2%s

*102.26

3'As

Treasury

Treasury 2%s

96.14 Oct

High

105.30

1978-1983
1955-1960
1956-1959
1961

Treasury 2%s

4

104.16 Dec

99.24 May 12

Sales fev
the Week

Jan. I

Dec. 31

Dec. 30

High

Friday

Thursday

Wednesday

Tuesday

Dec. 28

YORK STOCK

NEW

Range for Year 1953

Year 1952

HIGH

AND

LOW

Monday

GOVERNMENT BONDS

Range for Previous

bonds mature.

indicate in each case the month when the

SPECIALISTS

York 4, N. Y.

Teletype NY 1-971

59 Vi

33%

38%

23

54

(24)

The Commercial and Financial
Chronicle

I

...

Monday, January 4, 1954
,w

NEW YORK BOND RECORD
RANGE

Interest

New York Stock Exchange

Week'*

Thursday

,

BONDS

,

East

Period

Sale Price

1960

Mar-Sept
Mar-Sept

—

1951

*6'/4

"61%

„

§ASinking fund 7s
ftACopenhagen (City)

1927

of

due

1947

_

6%) extended
Denmark (Kingdom

(interest

to

103

reduced

extl

53 ¥2

3s

extl

(Republic

of)

Great Consolidated
Elec
§A7s 1st mtge series
7s

A

ser

1944

part

paid

part

paid

¥4

A

63

37 »/4

113

112% 113

63

111%

117

series

B

g AExternal

f

7s

101 ¥4

100% 101 ¥

extl

AMedellln
i30-year

3s

of

7s

'24

I'

§A4V2S

65%

8¥2s

55

58 ¥2

16%

149 ¥2
96

161 ¥2
100

138 ¥2

154%

$

—

—

"98

'30

19(55

1943

of

1899

19

19

*96 ¥2

97 ¥2

53 Va

54 ¥4

54 ¥4

A

54 ¥4

52 ¥4
*92

,

53

99

53 ¥2

89

53

53 ¥2

87 %

87

¥2

42

88

*127
80 ¥2

77%
107

ftATreasiiry

of

new

—1—

ftAMilan

(City

of)

i963_Jan-July

to

agree't)

pursuant

reduced

ASecured

to

ex'l

Stamped

1963_Jan-July

______ApriZ-Oct

sinking fund (>¥28

Stamped

L;

Plan

2.125%)

A

~i

pursuant

1958—Mar-Sept

*
—

,

Oriental Development Co
Ltd—
ftA6s extl loan
(30-yr) 1953

171/4

extl

(State

reduced

to

(Republic
loan

7s

to

extl

6s

9%

16 ¥4

9%

I

s

6s

—

'

9%

—

1

CO vW 05^

Co

3%s

lASlabilization
A4¥2s

loan

assented

16

16

16

American

14 ¥j

6s

stamped

*18 ¥2

~—

*18 ¥2

--

1

—

.

92 ¥2

19

18 ¥4

53 Vs

"1

53 Vs
34

4.80s

pursuant

reduced to

ftAExternal

2.375%)
6¥2s
to

junior

reduced

to

2% )

Stamped

pursuant

reduced

to

AOs external

Stamped
reduced

A7s external

Stamped
reduced
1967

sinking

52

loan

of

pursuant

to

*101 ¥4 102

__

101

101

101

101%

13

99 ¥2

1

99 ¥2

*96%

*101%

3

98 ¥2

91

May-Nov
May-Nov

136 ¥2

69%

81%

'

148 ¥2

w—

100

1

95

161
100

164 Va

148

90%

83%

6

91 ¥4

92

*88

89

83

*91 ¥«

94%

82

97

*95%

97 ¥2

91

98 ¥2

*70

1978—Feb-Aug
Jan-July

82

64 ¥4

82

12 ¥2

_Feb-Aug

1971

—

'

2

12 ¥2

*6%

—

8
5 ¥2

7

*129%

77%

—

111

.

—

89 ¥2

14 ¥4

10%

66%

4

78¥a

130

78%

100

•

.

1964

101% 102 ¥4
99 ¥4

1906

99 ¥2

99 ¥i
95 Va

102

102 ¥2

11

97%

104 ¥2

104%

14

100 ¥4

*94 ¥4

91%

93%

87%

June-Dec

111%

99

4s

Stamped

102 ¥2

Atlanta

1

93 VB

103%

Feb-Aug
Mar-Sept

—

July

*77 ¥2

3s

72

105

—

72

79
120

63
99 >/«

__

*50

52

72 ¥2

63

370

61 ¥2

69

92

39

84 ¥2

92%

93 Vs

94 Vb

79'

87 ¥4

94 ¥a

87 VB

88 Va

52

80 ¥2

89

111% 111%

27

108%

116%

91%

19

84%

93'

93 Vs

15

84 ¥2

93%

103% 104 Vs

72

9 7 ¥2

104%

14

89

94%

117 ¥2 117%

14

119% 119%

114 Vs

17

92 ¥2

95%
123

116

125

116 V*

119%

1902—Aprtl-Uci

99'%

9 9 ¥4

100

70

96

101%

96%

96 ¥2

97

82

95

100%

99

98%

99

10

95 ¥4

101%

96

6

90 ¥4

April-Ocf

Feb-Aug

118% 119

510

Corp—

4s

1900

1

June-Dec

April-Ocf

*99 ¥2

101

98

Qii4tr-Ja7i

*79 ¥2

80

77

April-Oct

*—

Mar-Sepf

—

117 ¥2

April-Ocf

—

May-Nov

Line

99%

—

'

•>

80

96

101 ¥4

83 ¥2
92

'

1902

1995

Air

96

1977

1995

July

*__

101

117

117 ¥2

97%

--

101%

8
'

106

120 ¥4

3

100 Va

112 ¥4

~3

111 ¥2 111%

Ry—

103%

1

mortgage 3%s 1963_—
Coast Line RR 4¥2s A 1964—
Gen mortgage 4 ¥2s-4s ser A 1980
1
Gen mtge 4 ¥4S ser C 1972—
!
Atlantic Refining 2%s debentures 1966

131

69

86 ¥2

lis7;.

*100 ¥2

May-Nor;

Atl

115 ¥4
78 ¥2

76 ¥4

June-Dec

-

Charlotte

94 ¥4
100

77

94 ¥2

—..Inn-July

1965—

1995-

4s

&

103 ¥4

105

91%

June-Dec

J 1)04

gold

100

61%

June-Dec
1963_

86

__

62 %

.April-Oct

1971

Nitrate

—

100

*96

91%

—-

Tobacco Co debentures

General

98 ¥2

102

—Jan-July

A P W Products Co 5s 19Gfi__
Associates Investment 3%s debs
Atchison Topeka & Santa Fe—

102 ¥4

80

,95%

104%

Jnn-Jnue

__

&Fst mortgage 4s (reg only)
Anheuser-Busch Inc 3%s debs

101%

¥2

99

99 %

104 ¥2

Co.—

1961—

debentures

first

70 ¥4
97 ¥4

102 ¥2

77%

1973

Arbor

—

76%

19!12_____;

debs

■

25

—April-Oct

debentures

debs

73

*98

104 ¥4

105 ¥2

94 Va

34

103% 104

77

1987

Telegraph

1987

conv

99 ¥4

*69

103%

June-Dec

1980:

debentures

conv

__

99

101 ¥2

96

101

7

*101

Feb-Aug

1975

conv

100

*100

Fel;-A??p

&

I906__

Ann

102

COMPANIES

May-Nov

debentures

Anglo-Lautaro

35

100%

—

*128

June-Dec

106

Mar-Sept
Jan-July
Ja«-July

*103 Vs
—

99%

—

106 Vs

*101%
96

97

—

103 ¥4

108¥s

99%

102 ¥2
104 ¥4

1

93 ¥2

97 ¥2

20

86%

45

92

__

'

%

96

100'/a
54

B

48 ¥2

56%

48%

56 Va

*7 ¥2

1947—April-Oct

*12 ¥2

*8 ¥2

April-Oct

*7

1950—Jan-July

10

*7

Baltimore

~6¥4

8

14%

5%

10 ¥2

22

8 ¥2

1

14

6 ¥4

April-Oct

1975

94

94

95

April-Oct

99%

99%

99%

-

_Jmie-Dcc

75 Vs

75

*

'

Seiies TC dire-March

I

'
-

75%

M«r-Sept
Maj-Scpt

75

75

75

75%

75

75%

fixed and 3%% contingent
interest)—
: Scries J, due* Dec 1
1995_———- June-Dec
A4¥is convertible, income Feb 1
201*0—.—May

84%

34%

66 ¥4

66 %

67

May-No?;

94 %

94%

94%

mortgage 5'.J; ser A
)2Vu% fixed &' 1 % % coriting lilt) 1980
Jan-July

82%

82%

33

8i

82

1

2000_;

*.
Series 'M dne March/ I 1996__
Ref and
generalmortgage CiS. {2-%%.

11%

96%
102

[2%

fixed and 3% contingent
Interest)^—
Series G due Dec 1 1995
:

ll'/a

8

1% >contiagent Interest) July

Refunding and general mortgage 5%

II ¥a

11

8%

and

.

10

__

$ Ohio RR—

First mortgage 4s-series A July 1975
First mortgage 5% series B (4% fixed

A

2001
Plan

J«n-July

37%

fan-July

*__

April-Oct
(interest

A

*55 ¥2

2012

32

72%

85

2

72%

85

12

,

72%

85

83

95

series

A

1980—

Toledo-Cincinnati
38

48

51

First lien and^ref M 4»,series D
Bangor & Aroostook RR^—

29

34%

Bell

67 ¥4

-68%

April-Oct

*67

—April-Oct

16

__

*44 ¥a

,

43 ¥b

June-Dec
May-Nop

36%
*56 ¥2

34%
5 6 ¥4

—

*__"

92

92

38

57%

'

1

*

1

38%

3A%

A

33 ¥2

37

75

92

75 ¥a

3

86

96 Va

24

79

88 Va

13

75%

86%

86 ¥2

93 ¥2

1985—Jan-J/tiy

1960

Loan

Loan

debs

2,/is

Corp 4¥»s debs 1973
Bethlehem Steel Corp—
Consol mortgage 2%s series I 1970
Consol

mortgage

2%s

mortgage

3s

Borden

(The)

Boston

&

Co

Maine

1*
1

series

series

2%s debs

K

J

*90 Vs

Jan-July

1976

1979

1981

*

107% 108%

April-Ocf

1901

*90

May-Nov

9 7 ¥4

Jan-July
96

25

107
91

111 Va
95 Va

2

104

104%

10

88

96

104% 104%

Mar-Sept

May-Now

92

97 ¥4

96

96

Ja?i-July

*95%

Mar-Sept

97%

97%

1

98%

91%
92

9

97 ¥4
96

100 Va

91

98

77

82%

RR—

First

42

June-Dec
April-Oct

56 ¥2

Industrial

Beneficial

Consol

36%

June-Dec

48 ¥a

53

—

*56

(interest

mtge 4 ¥25 conv 1976——
Telephone of Pa 5s series C

Beneficial
__
,

196R____June-Dec

•

1st

31

64

division—

33 ¥4

57 ¥2

30%

""

di\r first

37

1926 due 1966
to Plan A
(interest

27.

S'westcrn

4s

12

122

Virginia—

"32

(interest

:

1952

Refunding

West

&

*49

(interest

1946

A

Pittsburgh Lake Erie

Feb-Aug

Feb-Aug

Plan

58%

-

April-Oct

A

A

—

38

55

40

38

36 ¥4

A

—

Plan




8

164 ¥a

1978—June-Dec

3s debentures 1909
3¥is debentures 1977

54

55 V2

1953

page

52

31 ¥4

—

55 ¥2

2.25%) 2004

see

119

—

79 ¥2

(Dept of)

debentures

debentures

conv

3%s

36 ¥2

55 ¥2

stamped pursuant to
Plan
(interest
reduced.to 2.25%) 2004
JARome (City of) 6¥2s
footnotes

59
54

1937) —

Valley

3'/hS

debentures

3%s

53 Va

34

55 ¥2

2000

1999
fund gold

to

73

49
49

—

Lid—

Telephone

American

1

«33

April-Oct
April-Oct

2.5%)

pnrsuant
to 2%)

9 2 ¥2

10

*53

*100%

2012

to

121

148

June-Dec

debentures

3%s

38

to

Plan

Rio Grande do Sul
(State of)
IA8s external loan
of 1921

of

1970_

3s

2%s debentures

56%

2001—

secured

64 ¥2

9
..

—

--

Corp 3%s s f debs 19G4__May-No?;
Foreign Power deb 5s 2030_—Ma?--Sept

2%s debentures

19%

75

31

Plan

Plan

pursuant

Stamped

70 ¥2

60

106%

-

to

2,25%)

to

79«/»

June-Dec

debentures

2%s

,.

*118 ¥2

(City of) 8s 1946

Btami>ed

5

72 %

100

1946—Feb-Aug

1964

6s

Canada

Airlines

American

18%

17%

18%
92¥2

34

53 Vs

Jan-July

pursuant
to

8s

America

of

3%s

48%

.1940

2.215%)

(interest reduced
lARlo de Janeiro

68 ¥2

*161

—

Porto Alegre

1966

99 ¥4

117

103

60

*131 ¥2
—

Mar-Sept
Mar^Sept

to

2%s

56 ¥2

:

(City of)—
1961 stamped
pursuant
(Interest reduced to

June-Dec

Bo.sch

16%

36

sink fund ,7s

1963

of

&

16 ¥2

21

16 ¥t

14%

*55%

1968——

assented

72

*55V2

1961.'

'26

2%s

"7

16 V2

*32%

ftAExternal sinking fund
gold 8s
A4¥2s

of

debentures

American

~9%

Mar-Sept

series

gold

68 ¥2

Feb-Aug

extended

Co

Aluminum

17'/4

1960—June-Dec
1961—April-Oct

2nd

(Republic of)

A4¥2s assented 1958

94%

—

—

—

2%s

April-Oct

series

88 ¥2

80

*120¥a 121%

Great
SoiiLhern S'As
1967—_—May-No?,
Alabama Power first mortgage 3¥2s
1972—Jan-July
Albany & Susquehanna RR. 4%s 1975
April-Ocf
Allegheny Corp debs 5s ser A 1902
,__May-Now
Alleghany & Western 1st gtd 4s 1998
April-Oof
Allied Chemical <fe Dye 3%s debs 1978
April-Oct
Allls-Chahners Mfg 2s debentures 1956
Mar-Sepf

17 ¥2

16%

17 ¥2

(interest

1st

*118 ¥2

Alabama

17 ¥2

1959—Mar-Sept

7s

5

*99 ¥4 102 ¥4

—

J?nte-Dec

conversion

2%s

^-Mar-Sept

A

2008

external
f

s

1961

American

Mar-Sept
May-Nov
May-Nov

1947

Plan

2.125%)
of)

extl

loan

JAPoland

of)

oft

loan

1

*

Mar-Sept

1953 extended to
1963
loan (30-yr) 1958
5%s due 1958
extended to 19G8-,
Oslo (City)
sinking fund 4V2s 1955
extl

pursuant

11 ¥2

*58

First

0s due

Stamped

16

6%

UAL

"5%

16%

—

1

—

Plan A
(interest
to 2,125%)
2008™
Mar-Sept
(Kingdom ol) 3%s 1957
..May-Nov
Norway (Kingdom of) 4 ¥28 1956
Mar-Sept
External
sinking fund 4%s 1965
..April-Oct
♦a
sinking fund external loan 1963
Feb-Aug
3¥2S sinking fund
external 1957
April-Oct
Municipal Bank extl sink fund
5s 1970—June-Dec

lAPernambuco

(City

Aluminum

Mar-Sept

reduced

For

A6s

—

*17 V4

'

Netherlands

A5¥2S

8%

3

Mar-Sepf

1958

—

—.

1959—Mar-Sept

to

2

9

—April-Ocf

(City) external 7s 1958

Yokohama

44 Va

~8%

(interest

2008____,

sinking fund 6¥2S

16%
143 ¥2

13

'

Ltd—

bond

AWarsaw

—1

1952

9%
127 ¥4

11

— —

May-Nov

(dollar

70 ¥4

1922

—

6¥2S

73

16%

88

sinking fund

67

—

1908—Jan-July

Gcraes (State) —
ASccured extl

ANat

128

ugree-

agree't)

(1942

1971

4-4¥4-4%s external readjustments
3¥2s external readjustment 1984

?

June-Dec

—

Minus

ANat

89

Jan-July

assented

15%

—

9

April-Ocf

1955

Valle De{ Cauca See Cauca

*17 ¥4

1933

ASmall

9%

12%

1981——-Jan-July

to

to

18

;

—

A6S

5

15 ¥4

—

Jan-July

External readjustment 1979
External conversion 1979-

__

-

1!)03-Jan-Jufy

1922 agree't)

(assented

to

external

3%-4'/ii-4/5,8 external

_______

1913

extended

(Republic)

81

I6

6s

agreement)
gASmall

1945

3%-4-4 ¥ss

Jan-July
(1942

15 ¥2

88

1957

1945.

10 ¥4

■

1945—Quar-Jan

(1942 agree'I.)

assented

mtge s f

64%

9%

1968—Jan-July

1945

new

15%

—

agrecm'l )

ASmall

56%

Ltd—

Co

2

41%

81

6

May-Nov

_

A4s

Power

9

—

68

70

..June-Dec

1961

1943—May -Non

gASmall

APeru

1st

6s due

A4s new assented (1942
agree't)
|A4s of 1910
(assented to 1922
ment)

'27

18

Quar-Jan

(assented to

of

81

44%

—

67%

1

— —

Jan-July

¥a

*44

.

1904

Co

17 ¥4

80

67%

June-Dec

1958

AExternal

Ve

9%

1954

7s
—

1971

extended

Electric

due

92

145

79

58%
75

*__

June-Dec

1962

sinking fund 6s 1960

9l¥*

78

73

*142 ¥2

AExternal

54 Vu

129

60%

—

May-Nov

1st mtge $ ser 1953—.
1953 extended to 1963_

7s

43

*92

*145% 148

——

assented

1961

ftAUruguay

80

44

*92

Jan-July

———

new

due

0s

53

76 ¥2

>

42 ¥4

10

Tokyo Electric Light Co Ltd—

.

Large

A4s of

7*

44

62

*69

ASmall

>

98

93

71

June-Dec

to

extended

loan

A4¥2s assented

gASmall
A5s

IV2S

93

due

gA7s
53

—June-Dec

1945—

(1922

1962

sterling loan of '12 1952—
gAWith March 1 1952 coupon on__

19 ¥2

79

84

(interest

ftA5s

extl

CJJigawa

May-Nov

——,

gALarge

B*

20%

8 ¥2

..

f

63

1

64

May-Nov

3¥2s

Power
s

7

(City of)—

A5¥2s

22

1957—Anrtt-Oct

§ A Large
§ ASmall
ft A 5s assented

A

external

Council

(40-yr)

5¥28 due 1971

Tokyo

10

23

18

May-Nov

(1942 agreem't)

due

Electric

7J
93

79

-Jan-July
Jan-July

1962

extended

County

A5¥2s

98%

(Republic ot)—

ft A5s

1952

67%
93

71

April-Ocf

(Prov of) external
A4¥2s assented 1958

93

17%

Feb-Aug
-Feb-Aug

1964

(1922 agreement)

small

due

71
—

(interest

f 1952__

s

57

Mar-Sepf

A

1968—

ASilesia

10 ¥4

15

*99%

Jan-July

6V2S 1954
bonds 1978

assented
ASmall 1968

■

62

*155%

Jan-June

l.?f>4r
to

secured

66

*161 ¥2

—June-Dec

(Colombia)
s

series

gA6¥2s 1st mtge

69

49

56-

(interest

Shinyetsu Electric Power Co Ltd—
82 ¥4

58%

69

J an-July

Plan

76

49 ¥2

(Kingdom)—

external

B

A

2012

secured

A 7s

101%

:

extended to 1975„
(State MLge Bank) 7s

ANew

V

91 ¥4

A8s

82

*58 ¥4

Ma?-Sept

1965

ft A4 ¥28 assented

'

39

r

102

High

'

1956_1

to

Low

60%

Jan-July
Jan-July

2004

loan

Serbs Croats h Slovenes

42

85 ¥4

*14

Jan-June

Mexican Irrigation—

Mexico

100

dollar

pursuant
to 2%)

Year 1953

a

gA6s

1951

extended
of

external

Range for

No.

75

May-No?;

Plan

to

Sold

(interest

1999

loan

Bonds

High

(interest

A

Plan

2.25%)

*65

Jan-June

1977—

of)

loan

3s

29 ¥2

to

*82 ¥4

April-Oct

1952

loan

^Jugoslavia

44%

5¥2s

1947

1954

6V2S due

A 6s

2.5%)

pursuant

reduced

Feb-Aug

(Imperial Govt) —
extl

A5 %s

Stamped

Stamped

May-No?)

1968

(Kingdom

A6%s

41 ¥4

Plan

to

water

Taiwan

1964—.

s

external

Sydney

_

6V2s due

A7s

to

reduced
45

to

pursuant

reduced

45

Feb-Aug
Feb-Aup
Jan-July
Jan-July

1954

Public Utility institute—
30-yr gtd ext s f 3s 1977—

Japanese

100 '/4

4

1944
to

Italian

8Altaly

88 ¥4

Thursday's

Bid & Asked

May-Nov
sinking fund 1957—May-Nov

pursuant

Stamped

Consortium for Public Works

30-yr gtd ext
5A7s

26

112 ¥4 113

*43 ¥4

•r

May-Nov

external 1950

101

113

—

„

90 Vs

99% 100 V

Jan-July
Jan-July
Jan-July
Jan-July

Helsinglors (City? external u'/2S 1960
Italian (Republic)
30-year ext s f 3s 1977
Italian Credit

93

57

100

§A6V2s 1st & gen
mtge 1950—
6V2S due 1950 extended
to 1960
Greek Government—
A6s

100

101

1952—.

8b
1936
stamped
pursuant to Plan
(Interest reduced to
2.5%) 1999
gA8s

62
63 ¥4

93
100

Sale Price

reduced to 2%) 2012
Paulo (State of)—

Ban

54 ¥2

62

101

Stamped

Power—

extended

A 7s

103 ¥a

62

100

1967

7s

8s

pursuant to Plan A
reduced to 2.215%) 2001

100

49 Va

10

dollar bonds Jan 1 1976—
f dollar bonds Jan 1 1976
f dollar bonds Jan 1
1976

s

AEstonia

20

53 ¥2

53 ¥4

39

s

(City)

Stamped

,

8

98 ¥2

39

f

s

3V2S extl

103

_Feb-A?t<7
April-Oct

1955

gold 4'/2S 1962™
Salvador (Republic of) —

4s

4 Va

Paulo

to

External
El

37 ¥4

6 ¥2

Last

Period

Low

gASao

61%

35%

—

Week's Range

Interest

High

55 ¥2

,—

April-Oct

extl 5 VaS

Low

98 ¥2

June-Dec

1960

of)

No.

Thursday

BONDS
New York Stock
Exchange

.

25-year gold 4V2s
...May-Nov
ftACosta Rica (Republic of) 7s 1951—
May-Nou
Cuba (Republic of) 4V2s
external 1977
June-Dec
Cundinamarca (Dept of)—
30-year 3s sinking fund $ bonds 1978
Jan-July
Czechoslovakia (State)—

Stamped assented

Year 1953

Feb-Aug

5s 1952——1953-

1

A6¥2S extl secured

A6s of 1928 Oct 1961—
April-Ocf
A6s of 1927 Jan 1961
^
3s ext
sinking fund dollar bonds 1970—April-Oct
fAColombia Mortgage Bank 6 '/2s
1947_—April-Oct
5 A Sinking fund 7s of 1926
due 1946
May-Nov
A

WEEK ENDED JANUARY

Range for

Sold

High

*38 ¥2

June-Dec

,

AChinese (Hukuang Ry) 5s
Colombia (Republic of)—

Bond*

Bid As Asked

Low

AChilean Consol Municipal 7s
A 7s 'assented 1960

FOR

Range

Thursday's

or

-

mortgage 5s series AC 1967
First mortgage 5s series II 1955-,.
First mortgage 4%s series JJ 1961
First

mortgage 4s

AInc

mortgage 4¥2s series

series

RR
A

1900

_Mar-Sepf

*7!j!

May-Noa

April-Oct
Jan-July

July 1970_ May-No?;

*•75%

30

99

101

73 ¥4

77

71

70%

71 ¥4

44

70

77 Va

56 ¥2

55%

57 ¥4

31

55

62 ¥2

—

*

•

%

Number 5287

Volume 179

The Commercial and Financial Chronicle

...

(25)

2$f

NEW YORK BOND RECORD
FOR

RANGE
A

Thursday
Interest

Week's

Last

Period

BONDS

Sale Price

New York Stock Exchange

or

Thursday's

Bid & Asked
Low

Bristol-Myers Co 3s debentures 1968
April-Oct
Brooklyn Union Gas 4s debentures 1969—Mar-Sept
General

2%s

mortgage

102

Buffalo

Jan-July
Jan-July
—Jan-July
Niagara Elec first mtge 23/4S 1975_Map-Nov

Buffalo

Rochester &

1st

mortgage

Brown

Shoe

3'/2s debs

,

4

—

Terminal Co

99 y8

96%

...

83%

.

'

4V2S

94'A

96%

96 %

A 3s

93%

93%

10

89

87

12

81%

90

Map-Nov

1955

Jan-July

Bush Terminal Buildings 5s gtd 1960
A 5s general
mtge income 1982

87

Electric

first

Power

10014

5

California Oregon Power 3'As
Canada Southern

Canadian

consol gtd

National

103 Va 103 %

Jan-July

.

Continental

1

76 3/4

2

83

.83

86

'

gold
gold

4a/4s

Guaranteed

gold

4%

Pacific

Capital

5s A 1962

89%

<•'93

April-Oct

—'

105% 106

97

Co

Cuba
A

106% 106%

24

104 %

104 % 104%

4

103%

1063A

__Feb-Aug

104% 104%

6

1033/a

4'/2s

Jan-Julp

1956

102% 103 %

64

97%

106%

Baking 3s debentures 1965
Can

34As

3V4S

f

s

105

-

4s

Carthage & Adirondack Ry—
First mortgage guaranteed 4s 1981

97

3

105

4

mortgage

4s

30

June

102
*—

1970

32%

30

89%

96%
106%

937/a

102%
-

4s

ser

A

1970—

100

16

101

ser

B

1970

June-Dec

Imp & equip 4s

1970

mortgage

3s

1978

niortgage

3s

series

mortgage

3'As

Deere

Co

60

69

92%

98%

3'/as

*91%

91 %

90 %

98%

Delaware

April-Ocf

9b

96

I960—

.'—Feb-Aug

98

1960:

Feb-Aug

&

97
40

69

31%

21%

2

21%

27%

4

26

35

'

27%.. 27%
*283/4

__

■

253A
—

34

87

26

34%

24

_

95%

-

d

First

94%

101%

32%

*933/4

69

103%

96%
91

__

21%

June-Dec

4s

100

31%

Jan-July

ref

&

20

10

260

—

*91..

June-Dec

ref

94 %

*62

*99'/a

Map-Nov
1966 Map-Nov

1970

9-3%

Jan-July

:
A

—Feb-Aug

2%s debentures

*94

-June-Dec

1965

2

'

98

93

98%

-——

.

101

■

;

96%

10

94

100

5

963/a

99%

April-Oct

1965

93%

*99% 101%

——

—

_

933/8

June-Deo

1978

1982

Dayton Union Ry 3'As series B
-June-Dec

106%

RR—

1st

First

•

102%

103'A

Dayton Power & Lt first mtge 2%s 1975—April-Oct

1063A

101%

10%
96

*243A

99

94

,

10%

95%
*106

April-Oct

(1942 series)

First

97

105

_Mar-Sepf
Mar-Sept

1965

100%

103%

106%

June-Dec

"

Ohio

&

1976

1977

r
(perpetual)

I960-—

A

Clinchlieid

debs

debs

10%
95%

lien

A

High

95%
95 y4

*106

Mar-Sept
Jan-July
Jan-Julp

lien &

106 V*

Jan-July

Low

__

*101

April-Oct

2%s 1975

A 1st

107%

June-Dec

1957

Year 1953

No.

Cuba—

of

1983

A 1st mortgage 4s

107%

Range for

Sold

High

*97%

Map-Nov
June-Deo

Crucible Steel Co of Am 1st mtge 3'/as
Cuba Northern Ry—:

103 %

2

-

Airlines Inc—

Carolina

mm.

95 %

85'/a

—

3%s

Ry—

debs series

4s

May-Now

1955—

debenture

consol

1974

*91%

Crane

Bonds

Bid & Asked

April-Oct

A 1st

4'/2s

Guaranteed

Canadian

June-Dec

1968

(stpd as to payment
dollars) 2001

S

Continental

Ry—

Guaranteed

U

101

103

Range
Thursday's

or

Sale Price

debs

mortgage

105

98

1

100% 100%

April-Oct
:

1976

3s

in

1st

,

c
California

inc

cum

943A

86%

2%a

1976

Railroads

Consolidated

102

99

debentures

Gas

Consumers Power first mtge

1957—

5s

Cons

3V4s

Natural

3%s debentures 1978

-

-100

Week's

Last

Period

Low

Consolidated

104 %

Pittsburgh Ry—

Stamped modified
Bush

96%

■

Interest

Exchange

High

Low

No.

102

BONDS
New York Stock

Year 1953

Sold

99 %

*91 %

1971

1

Range for

1980

3s

Co

JANUARY

Thursday
Bonds

High

*98%

1976

WEEK ENDED

Range

95

102%

3

97

101%

993/a

'

Case

(J

1)

Celanese

3'/2s

Co

3s

3'/4S

Feb-Aug

1965

_April-Ocl

1976—

3'As

Corp

1978

debentures

debentures

Celotex

debs

3'/2s

Corp

debentures

debentures

(1947

issue)

of

98

f

First,

98

98

1948—June-Dec

91%

*93

series A

1995—*-

~

Jan-July
AGen mortgage 4 '/2s series A Jan 1 2020
May
AGen mortgage 4 %s series B Jan 1 2020
May
RR

General

Co

of

N

mortgage

Central

New

Central

'

J—-

*75%

__

75

66%

3'As 1987-—'
Poweh 3s 1974

Collateral

90

1974

__Feb-/i

52

130

50%

62%

1

90 %

99%

First

97

2

gold 4s 1989

97

96%

~5

96%

103

1958

1%

97 V2

14

97%

97%

1

104 % 104 %

97 Vs

3

97%

20

*103

:

100 %

Denver & Salt

Detroit Edison

1985—Feb-Aug
1970—Feb-Aup

*94%

*93%

•

95

96 Va

88 Va

A General

morteag£_lnc con v.- 5s 19D7'1
April
mqi/Lgage 3%s series B 1985
—Map-Nov
•Chieagtf& Erie 1st gold 5s 1982
Map-Nov
Chicago. Great Western 4s ser A 1988
Jan-July
AGeneral inc mtge 4'/2s Jan 1 2038
April
Chicago Indianapolis & Louisville Ry—
A 1st
mortgage 4s inc series A Jan 1983
April

79 lA

mort gage

Chicago Indiana

4J/2s inc

ref

mtge 2%s

&

ref

3%s

&

3s

St

Paul

&

4s

2003

77

23

78%

75

80%

72

61%

63

60

61%

7

60

10

Muck

&

3%s

gold

first lien

4s

Chemical

2.35s

subordinate

Duquesne

102

Light

Co 2%s

morLgage

2%s

52%

54%

403

52%

64

Elgin Joiiet & Eastern Ry

71'

71

7,1

77%

El

East Tenn
Edison

series F

3'As

First

1963

%s series G

Chicago

100%
99

First
C

I

T

Union

Ice &

3s

,

—

—

debentures

I960

Cleveland

94%

debentures

4s

Cincinnati

Chic

SI,

&

1961

Refunding and
Cincinnati
St

Wab & Mich

Louis Division

Cleveland

coll

first

Electric

Div

96%

General

92

96

96

99

General Motors Acceptance Corp—
4s debentures 1958

78

88

General

100

1Q4

1991

trust 4s

Illuminating
1982
!

First

mortgage

mortgage

2%s

1985—

mortgage

3%s

1986

First

Cleveland

Short l.ine

Colorado Fuel

4%s

Columbia
3s

debs

conv

Gas

i960

3%s

&

B

1975

f

27/aS

f

s

94%

103 'A

94%

13

90

'

91

97
97%

94 %

94 '/a

8

99%

99%

15

92 V*

100

99%

99%

1

93'/4

100%

3'As

Co—

.

mortgage 3s series I.

s

105%

debentures

June-Dec
.

—

„

99

99%

U

96%

99%

Feb-Aug

102%

96%

5

90%

99%

90

99%

0933/3

April-Oct

86

97%

*90% 100%

—April-Oct

,

2001

102 Va

82 %

91%

*91%

—April-Oct

81%

__

92%

River

Power

Consolidated

3%s series

A

J9G1

(now

Edison

*1965.,

of New

*91%

April-Ocf

refund

mtge 2%s ser

A

refund

mtge 2-1'as ser

First

and

refund

mtge 2%s ser

First and

refunding 3s series D

First

refund

and

1st &

ref M

1st

ref

3s

&

General

3'/2s series I

El

Lt

ref

1st

ref M 27/es

ser

1st

ref

mtge

f 2%s

1st

ref

M

3%s

M

Gas

1st

conv

For

27/aS

a

T

ser

3%s

ser

debs

1

1983
1963

footnotes




Power

X

1983—!

1967
see

First
3s

100V4

mortgage

debentures

First

165

101% 103%

93%

93%

93%

98

97%

98

93

95

97%
99%

108%

116%

102

1

*111

Jan-Julp

112%

88

1

80

89%

86

5

773A

85

85

5

76

90
85%

*73

85

88

86

76

94%
*70%
22.

Feb

B.

2

12

1163A 1163A

_LJan-July

27.

1st

1976—Map-Nov
April-Oct
Jan-July

mtge

1978^
!

First mortgage 2%s

1980

101

20 Va

i98L——

mortgage, 3%s

Water

Valley

Hocking

693A

„

76%

80
12

22'A

91%

96%

73'A

20

94%

75

12

22 y*

debentures

4

Vas

debentures

94%

94=
98

22

30

102%
165

95%

Houston

3'As

93%

99%

99%

Hudson

99%

92%

102%

95
36
2

*96%

104%
169

100 Va

102%

(Bait)—,

June-Dec

conv

Coal
&

Consol

99%

89%

96

June-Dec

1967

first sink fund 5s ser A
first

*11

98

*90

113%

5s

A

1962_June-Dec

1957i

1957

*102%
*105

Feb-Aug

April-Oct

rl59
,

90
49%
17

82

97%

84'A

92

90%

97%

84

103%

91%

86%

,

~i

106

4

90'/a

89

102%

90

117%
95%

103%

104y4

—

107

107

26

121%

160

—

107

157% 160

13

83

105

90

91

49'A

50 y»

218

49%

64 3/4

16%

18

389

16%

31%

85%

933A

*97%

98%

—

93%

92%

99%

94%

*93

*98

1979—May-Nov
mortgage 5%s-3%s series B 1979-May-Nou

104%

107%

mortgage 3%s series C 1974.
mortgage 3%s series E 1982
Refunding 4s 1955
Refunding 5s
1955

102 Va

120%

Debenture

93

—

113'A 113%
90'/a

mortgage 4%s-3%s ser A

Consol

93

—

::

Telephone 2%s series A 1981—Jan-July
3s series B 1978
June-Dec

Consol

88

118% 118 %

—

97%

Central RR—

93%

*107

102

97%

*97% 100

mortgage

*95

1

72

96 3/4

I
First

'"94%

.

debs

Manhattan

Illinois Bell

Consol

April-Oct
Jan-July

95

y

mtge

AAdjusted income 5s Feb

Illinois

100% 100%

1

v

*89 % 101

first

105

96%
140

99%

75%

Lighting & Power Co—

Hudson

89%

97%
101

91

93

3

96%

2

3

89'/a

74>/a

101%
83%
91%

5

101

99%

2%s 1S76—Mar-Sept
4%s 1999
—-Jan-Julp
1970
Jan-Julp
1958——,
Mar-Sept
1968—
Mar-Sept
flrsL

Ry

3%s

V2

101

89'/a
75%

.June-Deo
May-lVou"
—June-Deo

—

hfortgage 3'/as 1982
H

91%

165

Jan-July
1986

3s

1969

93%

104% 104%

June-Dec

June-Dec

page

164

mortgage 2%s 1979———t—-—June-Dec

84

T02

Mar-Sept
Feb-Aug

April-Oct

1976

ser

104

102% 103'%

RR—

Utilities 2%s

States

83%

101

Map-Nov

U 1981
Y

Gulf

104%

Bait City—
&

104%

103%

refunding 3%s series D 1969-April-Oct
mtge inc 4s series B Jan 2044
April
Collateral trust 3%s 1968
Jan-July

4

*95%

mortgage 4'As 1954

Consolidated

98

101

and

98

94%

197S_Jaw-July
F 1981
Feb-Aug

1981

debentures

98%
104%

101

General

3

ser

of

First

91%

*95%

3s

Ohio

91%

series E

Consolidated Gas Co

&

9iwf

Mar-Sept

mLge 3s

3%s ser H 1982

M

convertible

J982

B

mtge

refund

83%
100 Va

91

957/a

103% 103%

refunding 4s series B 1075:
Jan-Julp
General mtge inc 5s series A July 2015——April

91%

]977_April-Oct
C l972_Ju;ie-Dec
1972
May-Nou

1st & ref M 3'As ser G

94

HOa'A 104%

Household Finance Corp 2%s

and

First

101'/a

90%

14

—

York-

First and

and

Mobile

Hackensack

3%%)

First

.

102% 102%

Feb-Aug

Cigar Corp—

Debentures

95%

100'A 102

103%

First and

1st

Anglo-Lautafo Nitrata
Conn

Gulf

1st

Companht Salitrera—See

Consolidated

101%

94% 102%

~

,

1977

1999

debentures

89

*--7

—Mar-Sept

1969

D.1976—

certificates

96%

101%

99% 100'A

*101

series N 199Q_Y_Ja7i-July
General
series O 2000
Jan-July
General
series P 1982"—Ua?t-July
General
series Q 2010——Jan-July
General
series R 1961—Jan-July
AGrcen Bay & West debentures ctfs A
—Feb

101%

Feb-Aug

1977

Elec

.mortgage 3s series N 1978
sinking luud debentures 1909-

23/4S

95% "

mortgage 3'/«a
mortgage 3'/us
mortgage 23As
morLgage 2%s
mortgage 2'As

April-Oct

Edison

82%
99

*

June-Dec

First

3s

4'/2S'serles

94%

97

94%

Jan-Julp
Mar-Sept

series C 1973

5s

General

99

81%

83%

*

Ry Co—

General

94

-

'

Corp—

debentures

General

93

98%

104%

99% 100%

70

76

83

*100

first'mtge 2%s 1965—Map-Nov

Co

100

1970—May-Sept
Toledo first external 4s 1955—Feb-Aup

C

Ohio

F)

102%

88

92%

97

(B

Northern

A Debenture

1975

A

ser

South

Common wealth
First

69

Great

93

__

109%

94%

*95'/a

.

99%

Jan-Julp---

1976

1961—

ULiliLles

&

income

conv

GoodiicJi

Inc—

series

debentures

Columbus

99%

June-Dec

debentures, series

3s

Columbus &

*—

June-Dec

Realty

'

1.

Corp 3%s debs

95'/a

2

*92

1961—April-Oct

Foods

debentures

A4s

—

-..May-No**

1982_

4%s

G

Corp—

System

debentures

4%s

93

*96%

Mar-Sept
,

first gtd

& Iron

93

June-Dec
A

mortgage

79 3A

69 %

61%

61 %

*100% 101

Jan-July

3s

First

36

*59

Jan-July

1990-May-lVoi;

1978

3s

71

70%

103

109%

76%

Co—

98%

*101

70%

101

101%

..-June-Dec

4%s

Ry

104%

1

142

93%

'

1974^_Mar-Sepf

Denver

86 Va

1st

3%s

1977—Jan-July

4s

1959

&

92%

82

25

733/4
99

*77

1961——Map-Nov

refunding 5s series A

and

Worth

100%

100

97

104

—

*83

-

First

16

82

June-Dec

1st

a

Fort

30

*98

0

_j.Jau-July

67

94%

72

72

—Map-Nov

tFlorida East Coast first

96%

Ry—
^.June-Dec

impL- 4'/2s series E

debs

98%

94 %
*91

—June-Dec

Louis

2015_"
April
1964-April-Oct

1977-

20

103% 103%

—

98'%

105 7/a

*108%

April-Oct

10742

97%
103 %

June.-Dec

General gold 4s 1993
General 5s series B 1993-—,

3s

Rubber

94%

•

City Investing Co

&

94%

Jan-July

98%

—

,

debentures

3'As debentures

103%
'

.

103% 105%

1

93%

86

92
103

F
2%s

95%

101 'A

1U23/4

134

98%

mtge

Firestone Tire

106V4

8912

12"

—April-Oct

Railroad Co—

100

k-

93

*142

3'/as series F 1990—IJ u?i.-July
First consol mtge 3'/as series G 2000—."Ja7i-3uly
Ohio Division first mortgage 3'As 1971
Mar-Sepf

103%

101

5
/

*102

Jan-July

Fuel 2%s

1965-;

Mtge inc:4'/2s ser A Jam
First consol mortgage 3'As series E

93%

17

95 y«

91

109

*103% 105

,_Mar-Sept

1970
5s

First

95 Va

15

r

Apiil-Oet

1977

debs

f

s

3'As

1965

consol

88

5

94%

_Mar-Sept

Southwestern, first

stamped

17

92%

*99%

first cons gold 5s 1995_Jan-Julp

(N Y)

r

96%

94%

93%
,

92

first 5s 1956_May-No«

Georgia div

78

91

|969_„Feb-Aug
L974-,
Feb-Aug

1960

111

I

—Feb-Aug
Mar-Sepf.

.78 %

'

*95%

E

mortgage 2%s series G
Financial Corp 2%s 1959—

Cities Service Co

City

Erie

Terminal—

mortgage gtd 3 "As series

debentures

4s

-<•

99

99

105% 105%

—

First

100% 101

,

^itge 4:!'«s ser A 1982
Map-Nov
G7Ts.& Elec 1st mtge 2%s l975_/lpnl-Oct
moi l gage
2%s 1978—,
Jan-Julp

Cincinnati

94%

General

-Jan-Julp

Co—

El

84

22

93

923/4

—Feb-Aug
A-April-Oct

3%s 1983
E
&

71

76

937/a

103 %

;

'73

100% 104%

96'%

953/4

May-ZVou
—Jan-Julp

70

10

67%

67%

68
71

75

103'A 103 %

96%

1961

66%

72

*69%

Cincinnati
First

96%

88%

Va

Paso &
5s

Jan-July

|963_

fri Indiana RIt

list

'

Ration—

Firs

111%

-

mortgage

53%

Chicago Unj

1213/4

53

*68

*

147%
112 %

~7

June-Dec
June-Dec

91

107

147 %

4s 1995

94 %

104%

100%

146

morLgage 2%s 1980—
mortgage 3l/4s 1982

mortgage cpnvTnc 4%s Jan 1 1999—April
First mortgage 3s series B 1989
„Jan-July
Chicago Rock Island & Pacific RR—
1st mtge 2%s ser A
1980
Jan-July
Chicago Terre Haute & Southeastern- Ry—
First uhef refunding mtge 2:,/4s-4 '/4s
1994.Jan-July

—

953/4

—Feb-Aug

1st

Chicago & North Western Ry—

Jan-July/

4

104% 104 %
*100
107%
111% 112%
*68
75

1977-

67%

„

90 34

147%

1979

99%
80%

1994

10

1117/*'

1982

65

2%s-4'As

91

-June-Dec

debentures

debs

',52%

Income

91

Dow

.60

96%

100 ya

85%

Y-

239

„

100 Va

92%

25

103%

54%

3

94%

92%

103

66

Second

6
12

92'A

*83

1st

'

94%

993/4 100'/a

Map-Nov

97%

2044

1

102%

1988—Map-Nov

gold

1st

Jan-July
2019—April

Jan

Jan,

99%

..

M

1995—

52%

A

ser

B

95'/a

3

.

1958

series

65%

1994

A

series

993/4

Mar-Sept
May-Not)

1969

wi

97%

Increased

93'/a

Jan-July

1985

debentures

debs

54%

series

4s

mortgage 4%s inc

conv

93'/a

1982—May-Sepf

1976—

65%

4 !/2s

94%

86%

8

1003/4101

Jan-July

1976_Mar-Sept

1st

92 %

94%

--

1961

RR—

16

—

June-Dec

Detroit Terminal & Tunnel 4%s

71

99

*100% 101%

*88
~

Detroit To! & Ironton RR 2%s ser B

72 Va

•

58

87%
98

——

——

95

•

3s

April

—

85%

80 %

*73%

■

April

J

ser

K

ser

mtge

conv

Second

117

110

*117

80%

,

ref

convertible

Detroit

103%
84%

71

74

1956—Jan-July

Paeilie

119

79%

74

-J

—

90

80

99

91'A

83

*96

(4V2 ch

1970

April

mortgage

General

*

Jan

Southern Ry

&

Chicago Milwaukee
First

A

ser

79

74

84

1

1993

2%s series I

&

3'As

First

6

fixed

('i%

series II

refund

Gen

Chicago & Eastern 111 RR—

A 2nd

3s

Gen

97 Va

95

2\_Feb-Aug

88 3/4

Lake—

Gen

105 Va

90

—

86

0

II

RR—

mortgage (3% fixed
contingent interest) 1993

1%

112

100

104% 104%

*92%

6

Income

112 Va,

99

Western

series A
interest 2018

104%

99%

88%

86'A

—Map-Nov

Light 3s

mortgage

contingent

89%

i-

1985

A

contingent interest)

Income

General and

10434

&

99%

*101

Mar-Sept

mtge 3s 1990

Power

100%

89

91

88%

88%

-Map-Nov

niortgage and coll

First mortgage series A

120%

108%

116% 116%

—Jan-July

First and refunding mortgage 3'As
First and refunding mortgage 2%s
1st & ret

2042

1

tr 5s ser

Denver & Rio Grande

99%

96

83%

"

trust 4-6s May

1973
-April-Ocf
trust 3'/as 1977_June-Dec
First mortgage and coll trust 27/as 1979-Jan-Julp
1st mtge & coll trust 2%s 1980
Mar-Sepf

102

98

91 %

71

.

74%. 74%

—

85

/I

90

*88

1973—Map-Nov
May

mtge & coll tr 4%s ser B 1985—_Map-Nov

99%

Chicago Burlington & Quincy RR—
4s

series C

5s

division

mtge & coll

Delaware

*100

and impt M 3'/2s series E
1996—Feb-Aug
Refund and lmpt M 3%s series H 1973—June-Dec
R & A div first-consol
gold 4s 1989
Jan-July

General

Div Y

1st

75%

62

67

67%

97

97

1992
Mar-Sept
lmpt M 3'/2s series D 1996—May-Now

consolidated

M

due 1993

..

Co-

Wetesrn

&

101'A 101J/2

101%

-Map-Nov

Pennsylvania Division—

51%

51V2

Refund

Second

&

99%

Jan-July
—April-Oct

4%s
and

1963

1st

66 3/b

mortgage 3%s series 13 1968 ——Feb-Aug
Champion Paper & Fibre deb 3s 1965
Jan-July
Chesapeake & Ohio Ry—
Refund

refund

Essex

85

81

80%

*85%

First

General

and

mortgage

'

Co—
refund 3'/2s series A

First and

Lackawanna

A Income

105

Pacific Ry

York

York

New

98%

,

Jan-Julp.

-

extended

4s

Delaware Lackawanna & Western RR

Georgia Ry—

First mortgage 4s

Central

,101%

1977

Hudson

&

Morris

§ACentral Branch U P 1st gold 4s
Central

%

debentures

4%s

1966

May-Nov
Feb-Aup
May-Nou
May-Noo
Feb-Aug

*98 •

98

99'A

*98'/a

99'A

__

"

*101%

—

103

103

105

1023

105

102 % 102 iJ

—.

1

98 ya

94%

96%

95%

101%

103

104'A

1

105

107

19

100

104%

;

.»

26

i

1

■

•

'•- /

•

•

The Commercial and Financial Chronicle...

(26)

•

Monday, January 4, 1954

t

NEW YORK BOND RECORD
RANGE

BONDS

Interest

New York Stock Exchange

Period

Last

Illinois

Terminal

Ry

series A 1970

4s

6ale Price

June-Deo

Co

3 Vis

debs

1972

mortgage 3.20s series I 1982
^International Great Northern RR—
§ A First

6s

series

SAAdjustment
A

First

5s

AFlrst

5s

International
3.65s

series

6s

series

gold

B

A

C

July

1952

1956

Chemical Corp—
debs 1977—

subord

conv

Inter Rys Central America 1st 5s B
Interstate
3 Vis

s

Oil

1st

Power

mortgage

1st

Orleans

Terminal

101

102%

3

A

85

72%

74%

97

97

4

96%

112%

97

97

6

96%

113

97

Mar-Sept

99%

94%

57

99%

99

•70'A

99%

99'/a

100%
N

Co—

3%s

mortgage

1978

3s

Y Central

General

i

Jan-July

1980—

3'As

95%

•—

Lake

J
Jamestown

Franklin

1st

4s

91%

1976—Mar-Sept

90%

91%

87%

93

92'A

1959—June-Dec

Light 27/as

&

92'A

85%

94%

"

K
Kansas
1st

&

Mich

City

mtge 4s 1990

&

Light

2%s

mortgage

•81%

-April-Oct

84

2%s

1976

Jun-Dec

1978—

2%s

June-Dec

•_

4s

1

94

•90

A 1975—April-Oct

104

mortgage 3%s series B 1968—___.June-Dec
City Terminal Ry 2%s 1974
April-Ocf
Kentucky Central 1st. mtge 4s 1987
Jan-July
Kentucky & Indiana Terminal 4'As 1961—Jan-July
Stamped 1961
Jan-July

100%

-100

ser

1st

104

98

Kansas

Plain

1961

4'As

unguaranteed
Co

mtge
Toll 5s

JAKreuger &

3s

6s

51%

52

•98%
•95

150

1964.^
1959

52

47%

__

98

99%

____April-Ocf

certificates

104%

•105'A

1997—April-Oct

1961-—

1st

95

Jan-July
_Jan-July

_

Kings County Elec Lt & Power
Koppers

99

June-Dec

1980.

Kansas City Southern Ry

94

91

88

—

'

Power

mortgage

1st

1st

99%

95

150

J ''

-

150

104%
103

'

Mar-Sept

53%

100%

2%

18

1

1st

sink

mtge

3'As

fund

& Mich

South

1st

&

1st

&

Lehigh
1st

ref

5s

85

85

June-Dec

*82

1970. April-Ocf

A

ser

u

87y4

88%

85

—

Feb-Aug
Feb-Aug

*59

55

65

5s

extended

to

1984

44%

48

12

44%

87%

86

44%

Feb-Aug

87

2

80%

93%

2

78

91%

Series

A

Series

B

fixed

4s

4'As

interest

fixed

2003

interest

May-Nov

66

2003

•74

fixed

5s

ASeries

D

ASeries

4s

Lexington &

5s

extended

Eastern

Miami

1979

1965

5s

*66

A

(P)

Co.

3s

debentures

1952

&

refund

102
—

.—.June-Dec

debentures 1963

mtge 3%s

101

April-Oct

97%

Mar-Sept
■

—.

79%

83%

1

s

109

*

103

Y

101

8

97%

85

102

104

96%

15

97

April-Oct

92

101V*

96

35

102

102%

91

91%

7

81%

82%

11

,

98%

99
104

April-Oct

First &

refund mtge 2%s ser G 2003
First & refund mtge 3%s ser H 2003

April-Oct
April-Oct

St

81'A

•85

&

II

Feb-Aug

*96%

97%

—

■

May Dept
3'As

f

s

McKesson
Mead

*95%

Fe,|> 1 1957—May-Nou

(Southern Lines) 4s 1959
Stores 2%s debentures 1972
debentures

&

*84%

May-Nov

1973

1966

*43%

Jan-July
Feb-Aug
Mar-Sept

1978

Robbins 3'As debs

Corp first mortgage 3s

2%s 1980
Jan-July
27As 1980
April-Ocf
3'As 1983
Feb-Aug
Norfolk & Western Ry first gold 4s 1996—April-Ocf
Northern Central general & ref 5s 1974—Mar-Sepf
General & refunding 4'As series A 1974_Mar-Sepf
Northern

3%s

Natural

Gas

debs

3'/as debentures

1988

Pacific

lien

4s

registered

General lien
3s

First

mortgage

First

27/„s

Minnesota Mining & Mfg 2%s
Minn

St

Paul

&

Saulte

First mortgage
A

4'As

St

40-year
Prior
A

5s

4s

lien

Cum

tMissouri
AFirst

series

series

E

adjustment
Pacific
and

AGeneral

*98%
"100

A

Jan

*95%

First

and

A

First

and

AFirst

?t.an

gold

Collateral

1977.
1

Ry

(John)

&

3'As
Co.

4s

series

3s

States

Northern

19

(Wisconsin)
First

2%s

first

Northwestern

Bell

A

3s

F

G

95%

101%

3s

First

*

Jersey

page

Electric

&

2%s

1975

First

mortgage 3s 1979
mortgage 27/as 1980

debs

B

27.




100%

&
10

99

99

377

h

5%

293

1%

16

86%

5

61

102
99

8%
3%
94

100%

68

105

80

86%

59

59

2

58%

70

52%

52

52%

18

49%

93%

93%

93%

3

86%

81

•100
98

•—

94'A
89

98

107%

105

61%
94

101%
98%
108

91%
•93'A

17

92%

117%

99%

116% 117%
•106%

88'A
90

—

•103% 104%
15

105%

95%
95%
105

120%

106

1

1

109

101

—

104

106%

108%

102'A

•__

71%

707A

15

102%

71%

44

106%

93

102%

97

102)

64

617A
98%

103 % 104

1

32

101

97

•103% 105'A
103'A 103'A

75%

71%

91%

105%

96

106%

101%

105%

•__

93

82

•937A

94%

85'A

94%

92

92%

95

102 y4

102

93

90

90

86%

92%

91%

•90

•91%

93

99

93%

100%

First

mortgage 3%s 1982

95%

99

93'A

93%

88

95%

94

95

95

94%

86%

94

•93%

Mar-Sept

90

99

•__

June-Dec
May-Nov

97%

Oregon-Washington RR 3s series A I960—April-Ocf

94

100%
99%

Pacific

Gas

96

104%
92

&

First

102%
101%

Electric

&

100% 101%

102%

97%

101%

100%

12

103%

Co—

&

3'As series I

refunding

June-Dec

1966

•102%

—

92%

101%

98%

1

92

100%

98%

refunding 3s series J 1970
June-Dec
First & refunding 3s -aeries K 1971
June-Dec
First & refunding 3s series L 1974—.—June-Dec

99

4

91

99%

•99% 103
98%

--

92

First &

refunding 3s series M 1979

June-Dec

95%

96%

7

87%

102%

First

&

refunding 3s series N

1977

June-Dec

96%

96%

5

88'A

98%

99%

First

&

refunding

1981—,June-Dec

•91%

82%

93

&

85%

95

98%

2%s

series P

First

&

66

First

&

refunding 3s series S

94%

First & refunding

84

97%

103%

1st

&

series

4s

V

98%

June-Dec

1983

27As series T 1976

refunding mtge 3%s ser U

ref M

&

93%

1985_June-Dec

1984

1985

104

102%

96

2%s

debentures

1986

April-Ocf

6

72%

84%

3'As

debentures

1987

April-Ocf

98

debentures

1978

—Mar-Sept

102

104%

29

102%

117%

3'As

debentures

1983

—Mar-Sepf

117%

93%

206

84%

103% 104%

91%

166

102%

118

4s

103

118

Pacific

79%
104%

April-Oct

103% 104%

104%
62%

1981—_—

82%

185

69 %

101%

Paducah

11

102%

118%

83

102%

118%

62%

69

Pennsylvania

Glass

97

98%

Pennsylvania

Power

98

60%

100

First

mortgage

Pennsylvania

63 %

102%

Consolidated

102

General

99%

Sand
&

3'As

Light

•96'A

82%
96

—

_April-Ocf

sinking fund 4%s

Feb-Aug

85

—June-Dec
May-Nov

100% 100%
97

»<

_■_

June-Dec
Mav-Nov

1961

97%

99%' 99%

100%

•

April-Oct

:

85

97%

1970—June-Dec

4'As series

1965—

A

June-Dec

5s

100%

General

4'As series

mortgage 4'As series E 1984
mortgage

15

82

88

1

91

97%

1

96%

100%

7

93

101Y*

97

37

99% 100

27

•96

•100'A

98%
—

93%

99%

93%

101%

96%

98%

100 %

101%

105

109%

series

Gas

First
Peoria

&

Light

ref

mtge

Eastern

&

Philadelphia

1968

B

D

82%

92%

87

94

98

98

"I

89%

102

102

5

94 7A

99%

90

107%

99%
102

99%

103% 103%

98'A

105%

106%

107%

.99%

90%
*100%
96

98'A

105

100 %

90'A

101

85

100%

__

94%

87%

96

April-Oct

104

104

105

108

93

101%
98%

109

105

109%

53

2

101%

105%

13

105%

109 Y*

98

98%

41

92%

99%

98%

98'A

7

92%

99%

85%

98%

Jan-July
..Ja/i-July

Coke Co—
3%s ser H 1981
4s

external

June-Dec

1960

series

B

103

April-Oct

1990

85%

10

74%

10

97

90%

&

Wash

Mar-Sept

1980

RR

103

103

85%
105

90%

1

85%

1-54% r54%

—April

3%s series D

Baltimore

5s

107% 107%

June-Dec

1981

3JAs series F 1985

first

Marquette Ry

General

103%

&

AIncome 4s April
Pere

7
22

94%

>101,

Feb-Aug

1960

General

Peoples

98 y4

95%
104 y#

Co—

89%

''1

94

101%

•107% 107%

1960—April-Ocf
1960
June-Dec

1975

3s

20

91

•

t-

General

J!

103%

gold 4'As 1955—Jan-July
*

89%

RR—

56%
100%

88'A

f

s

Airlines—

95

10

91%

•98%

A3'As convertible inc debs Sept 1

61%

•99% 101%
88 »A

1st

Illinois

62%

•101'A 102

Mar-Noo

15

95

107%

1964—June-Dec

3'As debentures

98

99

60%

&

Oil

98%
96%

101% 102%

•93%

Mar-Sepf

Pennsylvania-Central

79%

Western

June-Dec

1984

104% 104%

*

60%

debentures

59

•97

Feb-Aug

debentures

3'As

104%

~1

91

94%

83

104

93

93%

97%

107

90

1

104%

98

95

June-Dec

Pacific Tel & Tel 2%s debentures

937A
•96%

June-Dec

1
1

104'A

8

49

61%

89

98

•96

100

?1

Co—

1974

:

General gold 4'As series C 1977
Philadelphia Electric Co—

♦108%

Feb-Aug
Jan-July

__

107

102% 102 ya

99

*95%

110%
107

First

May-Nov

106%

April-Ocf

Bell

see

Gas

Oklahoma

93

June-Dec

series

68%

59

May-Nov
Feb-Aug

51

104%

106% 106%
95%

1974

For footnotes

Mar-Sepf
—April-Oct

87

Feb-Aug

Mar-Sept
Telephone 3'As 1988
Jan-July
New Jersey Junction RR
gtd first 4s 1986
Feb-Aug
New Jersey Power &
Light 3s 1974
Mar-Sept
New

1974

!_

2%s. 1975
1980

mortgage 27As

1

75

Mar-Sept

1970

guaranteed 4%s
debentures
1982

75 V*

54%

103% 103%

—June-Dec

1984

33

England Tel & Tel Co-

debentures

65 y4

Telephone—

28

74%

1967

3s

61 %

1977—April-Oct
Mar-Sepf

84%

74%

1966

DistiHers Products 3%s debs 1974
National Steel Coi'D 1st 3'As 1982
National supply 2%s debentures

First

2%s

52%

Aprii-Oct

1991

1954

82

266

June-Dec

1982
1979

3s

90%

89%

1981—.Feb-Aug

3%s debentures 1976..

Naugatuck RR first gold 4s

95

67

—_Jan-July
________Feb-Auff

101%

95

94%

1980

Natl

New

79%
84

57

99

1974—Feb-Aug

General

2%s

82
72

55%
*100

April-Ocf

Edison first mortgage 3s

94%

99

*100% 102

Mar-Sept
1977—Mar-Sept
1978—May-Nou
1949—.May-Nov

Chattanooga & St Louis—
mortgage 3s series B 1986

debentures

Ohio

First

__

—

89%

1965

Nashville

xt

2%s

1979

mortgage

debentures

2%s

First mortgage

N

Rational Dairy Products

86

76%

66

56

Mar-Sepf

mortgage

mortgage

99

91

99%

94'A

I

B

89

Co—

Power

first

(Minnesota)

1975

51%

84%

first gtd 3%s
2000—„June-Dec
Construction mortgage 5s series A
1955—May-Nou
Construction mtge 4%s series B 1955
May-Nou
^.Mountain States Tel & Tel
2%s 1986
May-Nov
3y«s debentures 1978.
April-Oct

First

Quar-Feb

89

debentures 1958—_May-Nov

Morris & Essex

2047

4'As

trust

47%

90

—

102

89%

1967

H

refundin8 5s series

Monongahela

76%

3'As

Jan

5s

87

100

80

•84%
•82

105% 105%

52%

Jan-Julv

5%s series A

refund

89

96

83%

86

Quar-Jan
—Quar-Jan

90%

Jan-July

1975—

Mohawk & Malone first
gtd

Morrel

—

__

'..Jan-July

refunding 5s series
refunding 5s series

and

95%

Co—

SAConvertible gold

•84%

98%

First

A

64%
98%

82

•102% 103%

refunding 2%S series Q 1980—_Juue-Dec
refunding 3'As series R 1982—June-Dec

1971—.May

1978

ser

56

86

>-

Refunding & improve 4'As ser A 2047—Jan-July
Refunding & improve 5s series C 2047—Jan-July
Refunding & improve 5s series D 2047—Jan-July

47%

'

April-Oct

1962..

5s

RR

66

3

.

First

1967

refunding 5s series

4s

A

—

__

Jan-July

1962.

4%s series D

57%

92

57%

May-Noo

1973

2047

mortgage 3'As

RR—

A

17

58

'60'

107% 107%

95

102% 104

General mortgage 4s inc ser A Jan
1991—.May
Kansas & Texas first 4s
1990—.June-Dec

Missouri-Kansas-Texas

55 %

66%
64 y4

•65'A

96%

—

—

*98'A 100
*96%

Mar-Sept
1967

series

74

57%

•85%

Quar-Feb

103%

Marie-

inc

78%

68

P

Missouri

Prior lien

101 %

—Mar-Sept

mortgage 3%s 1969
sinking fund debentures

37As

*

*94%

serIes C 1979—Jan-July
mtge 3'As 1969
Mar-Sept

1969—

59'A

57%

May-Noo

1973

—

3s Jan

registered

First

Michigan Cons Gas first

69

7

71%

Ry—

1997

4s

88%

__

*95

April-Oct

_

4'As

sinking fund debentures

Northern

83%

__

TOO'A 101

II

Metropolitan Edison first mtge 27/8s
1974—May-Nov
First mortgage 2%s 1980
Feb-Aug
Michigan Bell Telephone Co—

,„,R,efundin8 & impt 4,/zS

10
——

74%
59'A

•96

mortgage

First

90

85%'

*92%

June-Dec

Michigan Central—

72%

o

(R H) & Co. 27As debentures
11972—.May-Nov
Manati Sugar 4s sinking fund
RR

86%

•94%

mortgage

M
Macy

Manila

-

__

mortgage

General

101%

98

78

74%

Niagara Mohawk Power Corp—

mortgage

93%

62%

66%

Jan-July

A 2004—
Jan-July
4'As series A 2019—Jan-July
2%s,series D 1982
Jan-July
ser

First

94%

122

Jan-July

mortgage

83%

90%

102

143

*57%

■— —;'

60

—-Jan-July

1994

4s

94%

__

1977

mortgage 2%s 1975
mortgage 3s 1978

92%

2022—May

April-Ocf

1993

4s

2%s

First

80%

99%
104

169

59%

May-Nov

3'As 1963
Western RR—

93%

100

__

101%

94%

63%

62f

gtd

Gas

&

77%

90

-101% 102

93 y4

67%

61'A

first consol

mtge

91%

96

102%

66%

74

——

2007—Jan-July

A

ser

1973.'—

A

84

*99

Louis Div second gold 3s 1980
Mar-Sept
Atl Knox & Cincinnati
Div 4s 1955
May-Nov
Lou-sville Gas & Elec 1st
mtge 2%s 1919..May-Nov
1st mtge 3 Vis 1982

2

93%

Telephone

First

F 2003

.

*70%

——

Refunding mortgage 3'As series E 1978__Feb-Aug
Refunding mortgage 3s series F 1981—Jan-July
Ref mtge 3%s series G
1984
Jan-July

102

76

—

r»-

102%

74%' 75%

;

93%

mtge

AGeneral

94

112%

99

——

~

J
ser

74

68

3

88%
68%

61'A

91

109%

June-Dec

1976

3%s debentures 1978
Louisville & Nashville RR—
First

91

1962——May-Nou

Long Island Lighting Co.—
1st mortgage 3%s ser D 1976
Lorillard

79%

79%

73%

91

75%

56%

30

70

73%

April-Oct

4s series

series

71

——

81%
59'A

77%

April-Ocf

7s

Electric

1st

Prior

to

Ry first

general

§ A Lombard

63%

1

75%

58%

59 «/a

Lehigh-Valley Terminal Ry—
mortgage

66

•80%

E

First

'93%

4s

—

Corp first

cons

&

92

62%
,

93%

Susquehanna

General

May-Nov
intercut 2003
May-Nov
contingent interest 20p3
May
4'As contingent interest 2003
May
ASeries F 5s contingent interest 2003
May

Series C

83 %

67%

Light first mtge 2%s 1975—Mar-Sept

General

*

62%

75%

May-Nov

1954—

4s

Electric

92%

92 Ya

1%

Putnam

Term

__

96

1%

Y

N

96%
93

96

June-Dec

State

83

~

RR—

1955

Steam

N

Lehigh Valley Railway Co IN Y)~
1st mortgage 4'As extended to
1974—.Jan-July
Lehigh Valley RR gen consol mtge bds—

3s

79
78

2
—

—

Valley Harbor Term Ry—
mortgage

Little

85

*92%

~

96

5%

Y

1st

stamped 1964
stamped
1974

5s

ref

1997—June-Dec
1

19

95

5%

4s

Power &
&

94 7A

Jan-July
1992—Mar-Sept

Y

Co—

Sinking fund mortgage 3'As
Lehigh Valley Coal Co—

Y

94%
*94

Chester—

series

4'As

N

gold 3'As

registered 1997.
Coal & Navigation

Lehigh

mtge

Port

mortgage

mtge

N

June-Dec

94%

—

St Louis—

mtge conv inc 4'As series A

AGeneral

NY
1968

A

ser

1998—Feb-Aug

Feb-Aug

f AN Y Ontario & West ref 4s June
N

3%

——_Jan-JuIf
Jan-July
Feb-Aug
Feb-Aug

gold 3'As 1998

Hartford

&

High
105

RR—

1997

1998.

&

Low
103

/

1998

refunding
River

First

1st

3%

Lakefront Dock & RR Terminal—

&

AGeneral

99%

96

Haven

New

Year 1953

99%

1973.__.-_—-—.

B

Range far

~

—:—

River

3'As

Chicago &

Harlem

161

4

2

Y

First

99%

L

Lake Shore

N

100%

997A 100%

Feb-A up
April-Oct

Co—

collateral

series

100 %

—

Refunding mortgage 3%s series E 1980—June-Dec
First mortgage 3s series F 1986
April-Oct
N Y Connecting RR 2%s series B 1975____April-Ocf
N Y & Harlem gold 3%s 2000
May-Nov
Mortgage 4s series A 2043
Jan-Jalf
Mortgage 4s series B 2043—
Jan-July
N Y Lack & West 4s series A 1973.
May-Nov
4'As

«...

——

;

;

1997

registered

York

NO.

91%

1956

RR

registered

*

.

X 'Sold

High

92%

¥eb-Aug

deposit

mortgage

Shore

3'As

96%
111%

April-Oct

1954

A

Hudson

&

•103%

-

Ry—

Michigan Cent collateral gold 3%s

New

Kanawha

Mexico

May-Non

deposit

of

registered

3'As

Clear

&

Jersey Central Power

1977

Consolidated 4s series A 1998
Feb-Aug
Refunding & impt 4'As series A 2013—April-Ocf
Refunding & impt 5s series C 2013
Aprll-Oct

90

66

3%s

D

of

Central

NewvYork

107

75

Thursday's *> Bends

ar

Bid At Asked

deposit

series

A Certificates

99%

Week's Range

Last

Jan-July

1956

series

4'As

5%s

AFirst

:/

Jan-July

"

fabfiiw

deposit

of

ACertificates

,

1983

A

1954

B

of

5s series C

AFirst

79

73'A

5s

&

Texas

series

5s

Certificates

Certificates

A

120

62

Nor

-

97

1972—May-Nov

1977

Orleans

AFirst

109%

Pipe

Line Co—
f debentures series A

Interstate

rl04% rl04%

Jan-July

Minerals &

Great

AFirst

Jan-July
April-Oct
Jan-July

1956

series

Orleans

tNew

91

91

97%

101%

New

90%

96%

51

12'A 102%

-

Low
New

85%

6

89%

Interest

Period

New York Stack Exchange

Low^ High

NO.

•90

102%

Mar-Sept

1952

A

Year 1953

High

89%

Mar-Sept

Steel

1st

1

,BONDS

Range far

Seld

Bid * Asked

Jan-July

Inland

JANUARY

ENDED

Thursday
Bonds

Thursday's

or

Lou)

Indianapolis Union Ry Co—
Refunding and imp 2'As series C 1986

FOR WEEK

Week's Range

Thursday

.

II

95%

91

99

•98% 100%

91

99%

98%

II

98%

94%

•80

85

80

•96

96%

94

190%

&

refunding 2%s

1971

96

88%

97%

First

&

refunding

2%s

1967

May-Noo

97%

98'A

92 7A

98 %

First

&

refunding 2%s 1974
First & refunding 2%s 1981

May-Noo

94%

94%

87

June-Dec

•93%

—

87%

94%

90

97

First

&

80

First

&

96%

1st

&

refunding
refunding

ref

mtge

2%s 1978
3'As 1982__

3%s

1983

:

June-Dec
98%

Feb-Aug

•93

Jan-July

102

_May-Nov

•107%

102
__

96

104%

95%

103%
107

•v,'

Number 5287. ..The Commercial and Financial Chronicle

Volume 179

r

.

.

-

yv(n,<

/

,

• <

.

,<

(27)

,

NEW YORK BOND RECORD
RANGE

Week's

Thursday
BONDS

Interest

;

,

Period

New York Stock Exchange

-Last

■?

1st sink fund 4s 1937

fACerimcates

Sale Price

3.70s

deb

conv

Jan-July

Lour

Year 1053

NO.

High

26

26

25%

Lovi

June-Deo

Plllsbury Mills, Inc 3%s

f debs 1972

s

New York Stock Exchange r.

Standard Oil

Consolidated guaranteed 4s ser G
Consolidated guaranteed 4a ser H

,

'102'/a 103

I960—Feb-Aug
1963—Feb-Auy

1970

mortgage 5s aeries A

Pittsb Coke & Chem 1st mtge 3%s

100%

Bwift &

90%

2%s

96%

__

101%

.

>108

__

106

85%

1964—_May-Nos

103'/a

96'/a

103

108%

82

101'A

First

101%

96

101
ioa

tAThird Ave Ry first refunding 4s 1960

debentures

April-Oct

96

101%
100

Tri-ConLlnental Corp

95%

__

102

>ioq

—

100

'

106

106

106

106

J 104

2

.w'

'105

June-Deo

96%

87%

126

114

103%

96%

*93

II

*11

98

90

1—

,

May-No?
:

si
94

•

__

*99%

.Mar-Sept

1963

100%

101%

98%

102%

127%

>102 % 103

■

133

>130

refunding

132%
201%

8%s debentures 1972

*98'A

95%

3

97

»A

1972—;

(subord)

95%

II
97

97

90

109%

95

45

.104% 105

1977

f debs 1972

96'/a

*104

104%

95

90%
100 '/a

104%

19

98%

104%

104% 105'A

8

102

104%

92%

94

95%

106%

81'A
92

93

95 %

*92%

102%

100%

88'/a

*85

ApriZ-Oct
1959__Mar-Sept

debentures

97

102%

101

103% 103%

103%

Map-Not

1967
3%s

105%

92'/a

102%

*92

debentures 1976

Pictures

__

*101

88%

79%
103

98

*95

1966

Corp 2%s

debentures

*104%

ApriZ-Oct

—Mar-Sept
Jan-July
—_Jan-July
Feb-Aug
Apr-Oct
April-Ocf

Biscuit Co of America 2%s

95%

89%

10

Universal

102 %

—

*99'/2
*96

45

s

100

95%

—

*

1976

debentures

94%

86

—

*98'A 100

86'A

4%s

96'A

93%

*93%

95

Gas

97

105

97

*103% 107%

June-Deo
Map-Not

2%s debs 1970

1970
1st mtge & coll trust 3%s 1971
1st mtge & coll trust 3%s 1972
3%s sinking fund debentures 1973

100%

5

96'A

98

95

94%

2%s
96

Jan-July

93

86'A

O S Rubber 2%s

Quaker Oats 2%s debentures 1964

1

v

Feb-Aug

3%s

103'/a

99%

94'A

June-Deo
-Map-Not

1980

1982

debentures

United

96%

8

ioo% iooy8

100%

20%

94'A
*95

Map-Not

Pacific RR—

United

99%

84

...

102

102

1983__April-OcZ

96%

99

*93'/a

13

Refunding mortgage 2%s series C 1991—Mar-Sept
Onion Tank Car 4Vis s f debs 1973ApriZ-Oct

2%s

'

June-Dee

refunding mortgage 3 Vis

190

——

200

coll trust 2%s 1975—April-Oct
;
May-Nov

Oil of California

Onion

97%

5

100

100

May-Nou

3Vis

mtge

3Via conv debs

96

—

__

1st

Union

134

17%

1968—

1st mtge & coll tr 2%s

96%

98
94

Mar-Sepf
1977—-Feb-Aug
—Jan-July

56 %

U

First mortgage and

debentures

99%
57

54'A

16%

Mar-Sept

Onion Electric Co of Missouri 3%s 1971

3s

94"%
48%

*95
56

17'A

Jan-July

2%s debs 1961

—

—

T-

June-Dec

mortgage 8s 2037—June-Dec
First and refunding mortgage 3s 1972—May-Nov
First and refunding mortgage 27/as 1979-Jurie-Deo
1st and

97%

91

97%
125

101% 101'/a

June-Deo

1974

Orleans 3%s

New

•:
1

First and refunding mortgage 3'As 1968—Jan-July
First and refunding mortgage 5s 2037—-Jan-July

First and

102%

'

*91%

5s Jan 1960
April-Oct
Tol & Ohio Cent ref and impt 3%s 1960—June-Deo

of

RR

Term

Public Service Electric & Gas Co—
3s

*94

96%

97%

25
'

>120

gold 5s 2000—
June-Deo
General and refund M 3%s ser E 1985—Jan-July
Pacific first

96%

5

13

*99% 101%

1960

C

Providence Terminal 4s 1956

115%

89%

__

100% 101

1970—ApriZ-Oct
1990—April-Oci

refund M 3%s series C

and

Texas &

95%

99 Vs

*99'/a 101

__June-Deo
—April-Oct

mortgage 3s 1983
mortgage 27/es 1984

First

97%

102

__

*93%
101

AAdjustment Income

1959

Plantation Pipe Line 2%s 1970
Potomac Elec Power 1st mtge 3 Vis
First

96

91

—

*106%

April-Oct
—Map-Not

series D 1985

3 Vis series B

First and refund M

86

95%

—

101'/a 101 %

997/a

_Jan-JuIy
April-Oct

general 5s series C "1974
general 4 Vis series D 1977

First

90

*95%

impt M 4s series C 2019——Jan-July

and

and impt 2%s

Texas Corp 3s debentures 1965
Texas & New Orleans RR—

108%

1

85%

*95

Pittsburgh Youngstown & Ashtabula Ry—
First general 5s series B 1962
...Feb-Aug
First

95%

90

Jan-July
May-Nos

1972

96%
104%

104%

*104

Jan-July

debentures 1966

Refund

109%

5

—

108

108

108

April-Ocf

1967

mortgage 4 Vis series B

4 Vis series

1973

debs

Refund

109%

108

—

'104% 108'A

April-Oct

Pittsburgh & West Virginia Ry—
First mortgage 4%s series A 1958
mortgage

89

Texas Pacific-Missouri Pacific—

Plttsburgli Plate Glass 3a debs

First

3

91%

85

95%

1973

debentures

High

Low

95 Ve

2%s debentures

Co

Year 1953

J an-July
Mar-Sept

27/8s

Corp

High

No.

Terminal RR Assn of St LoUis—

108

'108
-

104

102%

2

102% 102%'

—June-Dee

1965

First

Oil

Range for

Sold

debentures 2%s 1971—Ufay-Nox

(N J)

3%s

Bunray

Pittsburgh Consolidation Coal—
3%s debentures

Bid & Asked

14

Chemical

108'/2

Bonds

or'Thursday's

Sale Price

90%

1974

Stauffer

Pittsburgh Cine Chicago & St Leuis RR—
General

Week's Range

Last

.

,

T

Consolidated guaranteed 4%s ser J 1964_Mafl-Nov

General mortgage 5s series B 1975
General mortgage 3%a series E 1975

;

90'A

debentures

2%s

100 V4

95
—

1957—May-Nov

Consolidated guaranteed 4%s ser I

25%

102%

*99 Vi 100%

June-Dec

Pittsbgh Bessemer & Lake Erie 2%s l996__June-Dec
Pittsburgh Cincinnati Chic & St. Louis Ry—

Period

Low

26

94

131

107% 108

108

"f;(

High

17%

98%

*98

Feb-Aug

1964

1983

Interest

BONDS

Range for

Sold

Bid & Asked

16%

Phillips Petroleum 2%s debentures

1

Thursday
Bonds

deposit

oi

ENDED JANUARY

'

r

lAPhilippine Ry

WEEK

FOR

Rang*

¥ 70T Ttrarsuay s

95

97

V
R

Rochester Gas

81

81

78%

21

86%

95'/a

10

98

100%

General mortgage 4Vis series D
General mortgage 3 Vis series J

1977

Mar-Sept

—

II

*98

1969——Mar-Sept

100%

96

s

1st

St

gold

Louis-San
1st

1996

6s

April-Oci

Francisco

mortgage 4s series A 1997

mtge inc 4 Vis series A Jan 2022
St Louis-South western1 Ry—
First

bond

4s

4s inc

certificates

St Paul & Dululli first

St

Paul

Scioto

Union

V

&

Depot 3%s B

New

England

1st

Air Line RR

debentures

3s

Service
Shell

1971

Coro

coll

trust

debentures

Feb-Aug
Jan-July

Indiana

Gas

Southern

f

debs

91%

10

95 %

85%

92%

110

98%

90

98%

91%

82%
90%

94'/a

697/a

103% 104 Vi

52

98%

3%s

ser A

'75—June-Dec

mortgage 2%s series F 1996
mortgage 2Vis series G 1961
Southern Ry first consol gold 5s 1994
First

and

general

series

4s

A

97%
95

85

*79%

67

101% 101'/a

997/s

104

7

104%

May-Wop

&

ref

debentures series

A

95

92

general 6s series A 1956
ApriZ-Oct
general 6Vis series A 1956—ApriZ-Oct
Memphis Div first gold 5s 1996
Jan-July

a

40

101%

103%

1

105%

109

9

106%

1958

102%

3%s 1977
Southwestern Bell Tel

111

111

111

3Vis

debentures

ASpokane Internal,1
Standard
conv

2%s

debs

1983

1985

99

99

*69%

April

4%s 2013-

subord

debs

1967

(Indiana)

86%

87Vi

Yonkers

Electric Light & Power

Deferred

a

91%

83

93%

70%

66

included

93%

not

102%

In

the

included
§

73

73

87%

86%

the

101 Vi

in

delivery

Bankruptcy
A Bonds

112%

97

141

102% 102%

1027/8

April-Ocf

1982

101%

5

94%
94%

101%

95%

89

91%

104%

4

97%

101%

101

—

—

102%

103

77%

32

73%

81%

74

80%

78%

77'A

77

79

24

63

79

68

63

'

91

v

90

1

84

997/a 100

4

93

100

88

88

90

90

2%s 1976_Jan-JuZy

the year's range, d Ex-interest,
Under-the-rule sale not included in the year's

sale not included in

year's range. 11
the year's range,

Negotiability

impaired

Act,

*Thursday's bid

—

3Vis convertible debentures

96%

5

102%

Mar-Sept
Jan-July

selling

or

eOdd-lot sale not
range, r Cash sale

y Ex-coupon.
by maturity.

^Companies reported as being In

June-Dec

.

97%

...

2%s 1979
Wisconsin Public Service 3'As 1971

Coll Products Co Inc—

Standard Oil Co

99

92

96 %

101

Map-Nov

First mortgage

—

99

91%

May-Nov

-

first gold

*98%

May-Noo
April-Oct

104

'88%

—

93%

95

June-Deo

Electric Power 2%s

96%

100%

96

Jan-JuZy

Orleans & Northeastern RR—

Joint

12

106%

92

97%

Jan-July

4s 1936
deposit
1976

of

97

96

Mar-Sept
Jan-July
May-Noo
Apri!-Oot

1960

7

102'/a 102%

*94%

Mar-Sept
Mar-Sepf

1992

—

—

110%

1

Certificates

Wisconsin

123

106% 107%

106%

and

113

105% 105%

Devel and

102%

Jan-July

5 A Superior & Duluth 1st

95%

16

101% 102%

102%

*93%

Mar-Sept

1980

& Co first mortgage 3s

105% 105%

Jan-July

4 %s series B 1976
Pacific RR Co—

inl.ge

§ A First general 4s 1949
A Certificates of deposit

80

74

80

*94%

68%

60%
58'A

85%

122% 123

105%

1

Winston-Salem S B first 4s

98

78

102%

97%
101

65

^Wisconsin Central Ry—

96%

95

95

Map-Nov

34

Wilson

1037/a

1

lOl'/a

*104% 105'/8

104%

59%

Wheeling Steel 3'As series C 1970
First mortgage 3'As series D 1967
3%s debentures 1965

105%

59

96%

85

—

Jan-July
April-Oct

1956

51

96%

I—

Jan-July /
7a»-July
Jan-July

First

104Vi

102% 103%

103

99'/a

62

4%s

105%

103

*101

57

90

88%

103%

58%

Wheeling1 & Lake Erie RR 2%s A

May-Hoy

53'/a

—

*103

Jan-July

guaranteed 2361

4s

Westinghouse Electric Corp—
2%s debentures 1971

80%

104Vi

55%

55%
*87%

61

93%

98%

81%
114%

59%

first

mtge 3%s ser A 1981
Western Union Telegraph Co—
30-year 5s I960

111

91%

55%

66%

61%

1st

98%

97

101 Va

May-Nov

1979

88%
85%

86

104% 104%

ApriZ-Oct
Feb-Auy

registered

1st

*94%

May-Nov

First mortgage 2%s series E 1986

1966

76%
75

Jaw-July

Shore

Western

109%

1969

100%

2361
Jari-July
Western Maryland Ry 1st 4s ser A 1969—April-Ocf

107%

68%

1981

10

gtd gold 3%s 2000

first ref

General mortgage 3s guaranteed
Penn Electric 3'/as 1974

98

12

99%

Vis

5s

627

91%

58

4

67'/a

West Penn Power 3%s series I 1966

97%

69%

RR

West

96%

*107

98 Vi

debs (subord)

conv

59%

109 %

4 Vis

San Fran Term 1st mtge
Southern Pacific RR Co—

67

Feb-Nov
1976—Map-Nov

3'As

93%

91%

—

debentures

conv

87

97%

;

Co

Petroleum Corp—

27

41

59Vi

Mar-Sept

(Oregon Lines) A 1977

29

West

101%

109

Gold

New

93%
97

95%

109%

Gold

Devel

92%

91"%

96%

96%

Jan-July

1994

95'A

80%

Washington Terminal 2%s series A 1970
Feb-Aug
Westchester Lighting gen mtge 3%s 1967—Jan-July

Co—

1973

83'/a

95'A

1971

3'As series B

mortgage

Warren

93%
101%

Pacific Co—

First 4Vis

Devel

Warren

June-Dec

Ry 2%a

Natural
s

Walworth

125

99

*53

April-Oci
Co—
Jan-July

1985

Southern

conv

93

Jan-July

1987

Southern

4Vis

First

118%

94

Jan-July
June-Deo

1979

debentures

2%s

100%

4s

1983

93%

83%
94

*77%

mtge Income 4'As series B Jan

92

86%

91

*99% lp0%
92%
93

1941—Feb-Aup

South & North Ala RR gtd 5s 1963
Southern Bell Telephone & Telegraph
3s

*87%

AprZZ-Oct

Skelly Oil 2lis debentures 1965__
Socony-Vacuuin Oil 2Vis 1976

2%s debentures

91
*98

ApriZ-Oct

7s

38

87%

86%

April
April

1981
1991

Gen

106
19

122% 123%

June-Dec

Union Oil 2Vis debentures 1971

t§ ASilesian-Amer

105

102%

99

*101'/8

RR Co—

mtge 4s income series A Jan

102'/a

'

——

112

June-Dec

Sinclair Oil Corp—
1
3Vis subord conv debs

104%

101%

102

*102% 105

87'/a

*95%

Gen

—

*94

123=

Wabash

101%

93

3%s

1982

—

1973—April-Oct

First lien and ref mtge 3'As ser C

112

100

*95

May-Hoy

f debs

s

96

94%

*100%

Map-Nov

1995

94%

,92%

April-Oct

1958

5s

Ry 3s series B

99

'

95%

Mar-Sept

1974

Pipe Line 3.20s

__

94%

99

—

W

Mar-Sept

1977

86%

4

96

*94

101%

101

—

94

ref mtge

consolidated

Virginian

100'/a

*95 '/a 101%

1989—May-Nou

1977

91
81

104%

_April-Oct

—

gtd 4s

1st

6
11

103'A
93%

Virginia & Southwest first gtd 5s 2003—Jan-July
First

86

86

86

May-Noc

(Jos E) & Sons 2 Vis 1966

Seagram

86

1st

Co—

f debentures

s

77%

78%

4

80

1-99% 100

100

1969_Jan-July

mtge 3s series B 1980

3%s

Jan-July
May

gold 4s 1968—Jane-Dec

cons

Scott Paper 3s conv debs
Seaboard

1989

certificates Nov

bond

70 '/a

71

80

97'A

Ry Co—

ASecond

Second

94'A

95%

*68%

Mar-Sept
Adirond'k 1st gold 5s 1996_Jan-July

Lawrence &
Second

St

*94

1971

A 1955.._Feb-Aug
1957
May-Not

series B

2%s ser H 1980
Mar-Sept
mortgage & refund 3%s ser I 1981—June-Dec
& ref mtge 3%s ser J 1982
April-Ocf
and

First

Saguenay Power 3s series A

gtd 4s series

sinking fund

Consol

Virginia Electric & Power Co—
First and refund mtge 2%s ser E 1975—Mar-Sept
First and refund mtge 3s series F 1978—Mar-Sept
First and refund mtge 2%s ser G 1979—J«ne-Deo

Electric Corp—

&

RR consol

Vandalla
81
98

Reading Co first & ref 3%s series D 1995-_M«y-Nov
Reynolds (R J) Tobacco 3s debs 1973
Aprll-Oct

100%

99%

102

'100

bankruptcy, receivership, or

securities assumed by such companies.
no sales being transacted

and asked prices;
flat.

reorganized under Section 77 oi
during current week.

AMERICAN STOCK EXCHANGE
WEEKLY

AND

RECORD

YEARLY

complete report of the transactions on the American Stock Exchange
Dec. 28, 1953 and ending Thursday, Dec. 31 (Friday, Jan. 1 being New Year's Day and a holiday on the Exchange).
It
American Stock Exchange itself and is intended to 'include every security whether stock or bond in which any dealings
'In the following extensive list we furnish a

RANGE

Sale Price

of Prices

Shares

Low

Par
ACF-Brill

A

Motors warrants.

Acme Aluminum

Alloys

-1

3%

3

Low

Sep

6 Va

Jan

Alabama Great Southern
Alabama

2%

2,200

l7/a

27/a

l

2'A

2%

Manufacturing

Alabama

3

Jun

25

2%

2'A

Corp

Jan

1,900

2%

Gas

l'/a

2,400

29

Feb

Dec

4

Mar

Sep

3%

8% May

9'A

Feb
Aug

Alaska
All

Power 4.20%

Alleghany

Engineering Co

Corp warrants.
Airlines Inc

•

Alnsworth

5

~7%

7%

7%

4,900

7%

Oct

l

7 %

7Va

7%

1,100

6'A

Jan

8'/a

Oct

Alles & Fisher common

10%

11%

11 %

11%

Manufacturing common
Inc

(N J)

Air-Way Electric Appllancs.
Airfleets Inc

Ajax

Petroleums
For

-3

11

1

Ltd

footnotes see page 31.




.60s

"li

13% Mar

Allegheny

600

x9%

Oct

14'/4

Jan

Allied

200

11%

Nov

157/a

Feb

Allied

18,500

%

Dec

1% May

Allied

preferred

Airlines Inc

American

Agnew Surpass Shoe Storea
Air Associates

Sale Price

2
50
100
1
10«

Week's

167/a

Sales

Range

for Week

of Prices

Shares

Low

Par

High

A Oct

3%

10

Last

American Stock Exchange

Range for Year 1953

3,300

-1

!•

Thursday's

%

Adams Hat Stores Inc.

Supply

JANUARY

STOCKS

High

Acme Wire Co common

Aero

ENDED

for Week

Last

American Stuck Exchange

WEEK

Sales

Week's
Range

Thursday
STOCKS

FOR

for the week beginning Monday,
is compiled from a report of the
have occurred during the year.

16%

Range for Year 1953
Low

High

17'/a

1,600

13'A
103

Jun

Jan

89%
3%

4

4%

5,000

Jun

2%

Sep

High
18'A

Deo

112

Aug
99'A Jan
6'A Mar
Jan

1
Artists
Pictures
Corp
1
lnternat'1 Investing cap stock—1
Products (Mich) common
i

1%

1%

900

1% Aug

2%

1

--1

1%

lft

<1%

21,600

1>7.

Sep

3% Mar

2'/e

Jun

3%

t<f

Jan

2%

25/a

2%

1,900

6%

Jan

7% Mar

"5%

4%

5'/a

27,800

27a

Jan

5'/a

Dec

2%

Oct

3%

Apr

30%

30%

100

25%

Jan

32% May

27,

The Commercial and Financial Chronicle....

28

Monday, January 4, 1954

(28)

AMERICAN STOCK EXCHANGE
WEEK ENDED JANUARY

FOR

RANGE

1
Week's

Thursday
Week's

Sales

Range

for Week

of Prices

Shares

Thursday
Last

STOCKS

Sale Price

American Stock Exchange

Altes

Brewing

Aluminum

1

Co

preferred
Manufacturing

Goods

Aluminum

Industries

Ambrook

3

—

2%

600

3

•

American Air Filter 5%

pfd

conv

250

82%

Jun

95

22%

400

21%

Oct

24%

11%

1,050

10%

Dec

16%

43/4

700

33/4

Jan

10%

11

43/4

43/4

IB

'

'

——

—

—

1

46

Co

23

8

Machine

i__20

Book

Co

Hard

Rubber

American

Laundry

American

Manufacturing Co com

__

Maracaibo

Meter

7/e

Sep

433/4

Oct

48%

Dec

63/4

Dec

12%

Jan
Jan

Potash <fc Chem cl A

Co

Gas

6%

pfd

Dec

25

21

Nov

33/4 Dec

6V2 Mar

5%

263/4

22

47%

47

48%

IP/8

103/4

11%
4%

1,900

>

preferred

19,000

21%

4,600

Writing Paper common

•

4

Products

27%

Dec

Dec

33% Mar
35

Dec

Cessna

1,400

Apr

Chamberlin

u

1,100

10 3/4

2

17%

Jan

Charis

4%

Jan

Charter

Nov

Apr

Dec

Jan

10%

10%

9%

Feb

20%

3%

33/8

11,200

23%

Apr

5% Jul)

7%

100

7%

Dec

10% Mar

£1

Jan

23%

223/4

23

15

325

23

Dec

Anglo-Lautaro Nitrate Corp—
2.40

4%

4%

5%

Angostura-Wupperman
1
Apex-Electric Manufacturing Co
1
Appalachian Elec Power 4%% pfd__100

~8%

8%

9%

4%

Argus Cameras

Inc

Arkansas

Fuel

Arkansas

Louisiana

Arkansas

Power

1

Oil

Co

Armstrong Rubber Co class
4%%
Aro

convertible

preferred

dep rets

Associated
Class

&

Tel

A

(ex

Class A

$41

Plywood

1,300

15%

16

4%

Chief

City Auto

Clarostat

Dec

13%

•

24% Mar

1

1 %

1%

1

Feb

—50

Inc

24 %

Feb
Jan

Dec

10% Mar

90%

May

.

Dec

10

Jan

7%

Jan

9

Mar

Jan

37

3,700

6%

1,600

43/4

Dec

7%

1%

1%

8%

Sep

15,'500

1%

9

9

lU July

Oct

11% Mar

Colonial

(The)

Colonial

Sand

Jun
Dec

Dec

Merged

5,irro

1

Dec

2%

Jan

The

116%

Jan

8%

8%

16,500

8%

Dec

1%

2

1,300

Jun

2%

2%

1,200

„,xl3/a
2%

10%

10%

300

Mar

15

■

5% May
t
. Jam
11%

Nov

* Jan

21

Dec

1%

Feb

183/4

1,300

23

—

18%

Dec

23% May

200

21

Nov

24

100

73%

73/4 May
40
Sep
8% Nov

42

11%

Sep

17% May

43/a

Jan

■

—

12%

113/4

12%

—

g

5%

3,000

6

4%

4%

400

8,600

3

1,100
100

39,800

4

Jan

Sep

10% Mar

24%

Sep

35%

Jan

4%

Nov

5%

Jan

1%

Sep

5%

Feb

10 5/8

10%

400

10

Oct

14% May

31

32:%

700

17

Oct

34

11%

11%

Inc..._——10

18

18

•

Co

Co

Dec

12%

5,000

10%

Jun

14%' Aug

18%

1,100

16%

Sep

21%

Jan

37/8

37/a

200

4%

Jan

10%

10%

11%

800

20%

20%

13%

13

1

,

10

Co

3% Aug
10% Dec

15% May

Eng Corp—

into

Shipley

&

7%

Apr

10%

Stone

and

with

300

15

32

Fund
&

Lodge

Co..

8

5%

Dec

Jun

Oct

7

Sep

12

Apr
Jan

9%

...

4%

May

83ij

ordinary
————2—_—1

Columbia Machinery Si

Jan

7%

Jan

26%

Dec

73/4

1

Equipment

Manufacturing

77

Sep

Oils

Airlines

Nov

Sep

74

Feb

is

18%

18%

1

Products

Farm

1% July

5%

Sep

22%

11,800

23

5
5

1

Development

5%

Dec

65%

25

%

683/4

2%

Jan

84

250

25%

in

.5
5

—

7%

2,200

25%

68

10
4
4
1

Corp—1

Jan

"*

.10
-

Jan

7%

Dec

-

Feb

9 % Mar

Sep

5

—

Oct

7%

7

5%

Colon

Jan

79

4%

27%

Nov

129%

:
com

Mining——

Caribbean

ie

1NOV"

6%

36

-5
5

Inc..

Aluminum

Jan

Jun

63/4

5

-1

Stamping..

Cockshutt

Mar

6%

"

2%

Jan

9

5% Mar

67

"

M..

5%

22% Mar

80%

V/a

—

26%

53%

925

2%

Oct

Sep

80

2 3/a

Jan

24,200

•

100

5%

Dec

6

1

1,600

7%

27%

14

85

1

Non-voting non-cum preferred.
Voting Machine
Ayshire Collieries Corp common.

Automatic

7%

•

45%

8%

1

6%
7%

7%

vtc...—10c

Club

5%

82

85

3

3%

60

8 3/a

Coastal

6

Co

72'%

72

8 %

590

82

6%

26

%

104

77%

2934 Mar

.10
10

common—

53/s

81

4% Mar

Dec

Nov

4

...

Feb

1,900

Sep

Hosiery Co
5
Clayton & Lambert Manufacturing—4
Clinchfield
Coal Corp
common
20

Jan

"l%

3%

143/4

.10
10

Ltd

Claussner

Jan

12%

25

~; ,4

300

-.1
1

Manufacturing Co

24%

1,450

18,400

.50
2.50

Manufacturing

Neon

117%

17%

2,500

4Vrf
4

——

Controller" Co

Clark

Claude

Jun

45%

3%

3%
33/4

.1
City Specialty Stores Inc common.___l
50
4%%
convertible preferred
—50
*
Clark (The) D L Co
'

19% July

16%

3%

4

..1
1

commoni

Consolidated

114% Mar

7%

3%

.00
100
10
10

pfd

Chicago Rivet Si Machine

1,300

203/4

4%

common

Co

Chesebrough

Jan

Jun

15

10,000

19%

•

div)

Products

Oil

Colonial

Corp

Steel

Corp

30

8%

8%

Apr

22% Mar

109

Apr

7%

14,000

"l%

17%

warrants

Automatic

12%

45%

193/4

•

div)

arrear
arrear

Line

Atlas

60

12%

9,800

213% Aug

America

of

Cherry-Burrell

Colts

Atlantic

Coast

Oct

98

£1

Fisheries

Corp

104% 104%

116% 117

50

America

i

Atlantic Coast
Atlas

'

Tel—

$43

(ex

8%

2.50

reg

of

15%

•

A

Corp
;
Associate Electric
Industries—
American

12%

•

Equipment

Associated Laundries

104%

5

Gas

—

•

5

Corp

Light $7 pfd

&

'.W

9% May

Oct

83%

3,500

shares

Dec

3%

4,200

"A"

Co

Circle Wire Si Cable

dep rets reg

100

4%

--

Anglo-Iranian Oil Co Ltd—
American

Co

Aircraft

July

13%

6,70ft'**

15%

4%

'

7%

o

15%

4 a8

100
100

Century Electric Co common—
Century Investors
Inc—
Convertible
preference

63

Jan

17% Mar

Sep'

15%

•

Products

Steel

Ohio

Jan

9%

10%

5%'

1

—

Central Power & Light

Jun

8

8
20o

.

High
734 May

Feb

3% Sep

1,200

•

Central

44 % "Oct

4

4

33/8

1

series..
series

preferred

31

——

4

Low

Co—

Power

Maine

3.50%

28%

28

5

Amurex Oil Development class A
Lead Mines Ltd

Conv

3J4

1
1

Corp—

Secur

preference $1.50
preference $1.40

Central

25% Mar

conv—*

Republics
I.
American Seal-Kap common

Post

20

200

"4%

33/4

1% May

1,500
1,500

a

Natural

American

Anchor

21%

|21%
/ 4%
/ 27%

10

American

American

21%
213/4

21%

Conv

1,200
50

8

I

Co

Co

American

Anacon

73/4

25

1% Jan

Oct

46

46

Range for Year 1953

53/4

1

of America
Cenco Corporation
Central Explorers Ltd
Illinois

%

•

American
American

Thread

*

High

Shares

1

L

& Co

M)

Central

Nov

1

%

1

100

common—.

American
American

(A

May

5% Aug

10,400

1

American Beverage

American

Castle

common

Corp

1

%

%

Jan
Feb

Products

Catalin

24

Sep

19

'

■

A—I

class

Car Co

Bantam

923/4

22%

250

Inc

Prices

Low

-

1
•
.10
10

Carter (J W) Co common

3% Mar

Jan

92%

'

•

Par

High

Low

for Week

01

,

Casco

100
•

common

Industries

{American

High

America—

of

Co

cumulative

$3.75

Aluminum

LOW

Sales

1

Range

Sale Price

American Stock Exchange

1953

Range for Year

■

Par

Last

STOCKS

Co

(Effective Dec 23)
Commodore

10

Community Public Service
Compo Shoe Machinery—
Vtc

ext

to

Engineering

9%

900

8%

Sep

20%

600

16%

Sep

9%

Nov

21% Mar
'■

50c

Corp

8%

8%

1

1956

Consolidated

9"

1

Hotel Inc

200

8%

Sep

11

5,500

14

10 3/s

Oct

15 %

Jan

1434

Feb

May

Oct

15

1,500

Bailey & Selburn Oil & Gas—
Class

Baldwin

Banco

/

de

los

4%

13,500

11

11%

500

10;%

11%

11%

11%

400

11

2%

23/4

2%

Oil

Basic

Steel

1

Refractories. Inc

Baumann

(L)

1

Inc

Si Co

S)

(A

Bell

—

Shoe

5%

9%

—

1%

1%

93/4

Sep

l3/4

•

Jan

Oct

8

Dec

3July

Dec

2%

4%

28,100

Sep

8%

9

1,000

Sep

11% Mar
Nov

31

21% May

3,000

1 % Mar

23/a Mar

Jun

6%

15%

153/4

400

143/8

Jan

16%

Apr

14%

15%

2,500

11%

Oct

17

Jan

1

5

4%

5%

6,100

2%

403/g

40%

1,100

Sep

6 % Mar

700

9%

Oct

1,200

363/4

Jan

51

Oct

10%

300

10 %

Jan

12%

Feb

Birdsboro Stee! Fdry Si Mach Co com.*

9%

10

700

16

Jan

Blumenthal

(8)

C)

(H

5%%

Borne Scrymser
Bourjois Inc
Brad

Foote

Co common

&

Co

8%

Sep

•

4%

4%

100

3%

Dec

3

9%

93/4

125

9%

Oct

•

—

83/a

—

8% Aug

400

10 % Mar

25

400

19%

Feb

253/4 Aug

90

preferred.100

Co

8%

5% Jan
Feb

10%

243/4

•

common

cumulative

prior

91

170

84%

Jan

92

Dec

2%
3

20o

2%

2%

200

2

Nov

4%

Jan

3

8
__1

3

400

3

Dec

43/4

Dec

8% Mar

Engineering__l

6%

5%

6%

1,300

4% July

Corp

1

11

u

lil

Corp

1
Co__l

20%

19%

203/4

•

30%

30%

30%

100

10%

10%.

100

Cook

Paint

Corby

•

voting

B

non-voting

Cornucopia
Coro

Co

Gold

•

Reynolds

preferred

$1

2

19%

2,500

1 % Mar
Jan

26

7%

Oct

Dec

1 %

Feb

Sep

U
5

7

Sep

2%

2,000

1%

Dec

33/4

Jan

.40

class

Courtaulds

dep receipts

Jan

10

yV Oct

6,800

l3?

10%

Jan

500

8%

Dec

7%

900

7

Sep

9%

17%

100

16%

Jun

18%

Nov

4%

Jan

63i

--

73%

5.300

67%

Jun

%
53A

7%

7%

7%

18,800

6%

Dec

11%

Jan

4%

4%

4%

4,300

4%

Dec

Gear

Works

Inc

Traction Light Si Pwr ord__*
Corp common
•
Bridgeport Gas Light Co
•
Brlllo Manufacturing Co common
•
British

American

Oil

Co

•

British American Tobacco—
Amer

7

•j...

dep
dep

Amer

British
7h

Company

$5

2nd

(E L)

Bruck

Mills

American

Creole

(ord reg)

Petroleum

(The)

Crown

Cork

Crystal
$6

July

53/8

Dec

5%

Nov

Co

-

1

%

%

U

7,700

1

5%

5%

5%

600

(Md)___'_

Petroleum
Internat'l

5

9%

9%

9%

"A"

partic

AtlanticrSugar

25c

-

___•

-

20 3/4

Lighting *Inc

Curtis

Manufacturing Co

— —

.2.50 -

common

•«-

Mines

23/4

Jan

33/4 Aug

900

173/4

Dec

19

8%

8%

13,100

7%

Oct

12% Mar

89%

89%

75

87

Jun

100

50%

50%

50

47

Apr

51

Nov

Jan

19

Nov

1

8%

2.50

B

17%

18

17%

2,200

12

5%

17%

Jan

10%

1,700

10%

Sep

10
1

10%

10%

11%

11%

12

3,100

21

20%

21

800

17

Jan

6

200

6

July

ll3/8

•

•
common

preferred

Burma

2,700

•

common__

class

convertible

3%

50c

6

8% Dec

10
preferred

9

Sullivan

2.50

Dec

5% Aug

8%

11%

11

8%.

8% Aug

300

11%

10,600

%

24,300

Dec

Jan

6%

Aug

14% May
193/a

Apr
Feb

8

22

•

83/4

10%

Dec

Jan

Jan

103/a Mar

Dec

11

19 %

Jan

Jan

%

Jan

Daitch

9

1%

Jan

Sep
Sep

11%

Nov

2%

Jan

6%

19

Dec

27

Jan

Dec

180

27,000

6%

—.

14%
5

l

Davidson

Brothers

dep rets ord shares
Biscuit Corp_

Day Mines Inc
Dayton Rubber Co class
Stores

Dennison

8%

;

Nov

12%

Feb

25

Nov

6

Nov

Feb

Jan

16% Mar

Mfg

class

A

Gray

Detroit

Hardware

Detroit

Steel

Devoe

common...

&

Diversey
Dome

Oils

10

.3s 6d

%

.

is

A

.4s
1

reg—

i

common

Ltd.'

Finance

Corp

12 %c

2%

2%

2%

2,300

Dec

5

Jan

Electric

Dominion

Steel &

Dominion

Tar

Dominion

Textile

Calamba

common

Estate

Sugar

Calvan

Electric

Consol

Camden

Fire

Power

Oil

Si Gas

5

Bread

Canada

Cement Co Ltd common

Canada

3%

3

800

10%

Ltd

4% Mar

Jun

5%

Jan

83/4

9%

9,400

7

A

Sep

15%

Jan

10%

10%

2,900

8%

Jun

103/4

Jan

4 A

47,800

67/8

Jan

23%

200

3% Sep
20% Jun

255/s

Feb

4

23%

Dec

3%
9

1

Insurance
Co

•
•

Co

Canada

6%%

3%

1

Calgary & Edmonton Corp Ltd
California

50c

Brewery

ord stock

Coal

Ltd

Co

Corp

Co

233/a

•

73%

5un

91

27%

Jan

29% Mar

Dec

Duraloy

9%

9

9%

15,500

2

4,6ir

3%

4%

35,300

2%

Sep

•

29 %

Dec

29%

Dec

Eastern

Dredge 81 Dock Co Ltd

•

50

50

Aug

4%%

Canadian

Aug

Industries Ltd—

7%

Canadian

Carman

Si

Carnation

Carolina

&

Light $5

&

Biscuit

pfd

Co

footnotes

see




page

3,200
1,700

1

3%

250

13%
7

600

2s 6d

Nov

l3/8

Sep

1%

3,000

1%

Dec

3% May

Sep

29 % Mar

12% Jan

1%

213/4

213/8

l3/4

~1%

"

22

1,600

20

Dec

145

2 %

1

Sep

3

2%

40,400

Apr

13% May

Jan

2%

Jan

Jan

—

Feb

10 3 4

11

500

9%

Jan

12

Dec

2034

19%

21

4,100

15%

Sep

25 %

Jan

4%
5%

3%

4

A

9.400

5%

53/4

600

,

'

3%

Dec

5% Aug

8 % Mar

6%

Jan

71%

—

Dec

82

16%

Jan

Feb

16%

10%

1,400

10%

Sep

73/4

1,000

t7%

Sep

9%

Apr

7%

103/4

Nov

10%

Jan

~~7

500

43/4

Jun

19

250

15%

Jan

19

42%

100

293/4

Jan

47

Sep

15%

15%

3,100

15

Nov

20

Mar

8%

15%
8%

~7

18%
42%

18%

8%

3,700

7% Mar

7% July

10%

Dec

Oct

33%

34

100

32

Aug

40%

Jan

39%

38%

39%

400

32%

Apr

39%

Dec

8%

8%

93/a

49,000

8%

Dec

17%

Jan

7%

10c

7%

500

5% May

7%

Dec

3%

3%

400

2%

Sep

,43h

Jan

7%

8

375

7

Dec

1434

Feb

4%

5

300

'

,

£1
1

(The) Co

Potash
E'

6% Mar

Jun

5%

Jan

23
«

Sep

267/8

Mar

12%

Nov

15%

Feb

53%

Sep

8% Feb
4% Jan

Co

Gas

& Fuel

'

f 3%

If"

k-'

1

4%

Sep

6% Mar

24%

r

t-

prior
States

$6

common—10

100

preferred

Malleable

$7

Assn

25

Iron

Sep

33% Mar

■

preferred series A

preferred

Eastern

Sugar

Common

series

93/a

15,900

13%

Jan

$61

60%

62%

875

60%

Dec

74

Feb

^23%

233/4

24%

130

23%

Dec

30% Mar

73%

73/4

100

5%

Sep

10% Mar

9-' 9 %

1

Corp

shares

of

beneficial

100

2%

Dec

.50

73%
106

Oct
Jun

114%

Jan

Electric

common

%

Dec

2%

Jan

Electrographic Corp common
Empire District Electric 5% pfd

—1

Bond

Machine
&

Empire Mill work
3/4

Apr

Mar

Emsco

128%

Jan

165

Mar

75

116

Jan

150

Mar

22%

200

22%

Dec

32

Feb

25

300

24%

Oct

30 % Mar

12%

13%

900

12%

Sep

16% July

193/4

30

preferred

Washing

50

131%

25

5

15,100

%

$2

Easy

144%

22%

int—1

2%

Apr

Dec

144

•

81 %

83

9

131

*

B

9

20%

13,000

-,28% Mar

Associates—

2%

£1

31.

11%

135

Ltd—

81%

„*•

Ltd—

dep rets A ord
American dep rets B ord

5

23%

13

63/4

~2%

American

For

4%
23
13

1
•

common

100

1,700

143/4

Laboratories—

dep rets ord reg

Eastern

Ills
19.50

Kennedy Inc

Carr-Consolidated
Carreras

127/a Mar

17% Mar

13/a

200

'

1
common

Co

Co

Power

Sep

100

Marconi

Baxter

5%

--

1

common

Eastern

preferred

Capital City Products
Capital Transit Co

Carey

common

Feb

Jun

10% July

*

Sulphur &

Canners

Feb

7% Mar

73/8

Duval

Canadian

33

12%

1%
1%

-

1
•

Canadian

Oct

1%

:

200

Dec

12%

.

•

Canadian Atlantic Oil Co Ltd

5

5

17%

r.

1
*

Hosiery class B common
Durb Test Corp common

1

27%

17

10

Rubber Co

Southern Oils Ltd vtc
Ltd

A

70

•

Feb

5

•

Co

(Allen B)

American

29

28%

'

T- —

•

Durham

•

20

preference

Class

2%

-

-

:•

Co

Harris

Dunlop

Dec

1

17

10 /
•

Inc,

common

Power

DuMont

5,800

Co Ltd

common

Ltd

Cement

Duke

119

-

1
:

& Chemical

Dragon

Driver

Products

1

2.50 v

;

Bridge Co Ltd

Drilling & Exploration Co
Cable

1

■

1

common

Dominion

Dow

6%*Feb

27%

5

25c-

:

Corp..:

Co

Exploration

Domestic

Jan

1

Ltd

dep rets ord

(The)

Dobeckmun

Dec

x5a/4

Ltd—

Co

American

5

1

Raynolds class B

Distillers

-

....1
.1

Foundry
Mfg Co

Products

Devon-Leduc

Sep

14%

1,700

"

Manufacturing

Iron

7% Mar

5%

550

6%

-

100

Detroit

300

15%

6%

50c

debenture
&

6

14%

.

Share

class

%

Corp

Manufacturing

Co

B

*

18 5/8

Sep

' £r-

•103/4

Jun

100 **" 3—1

953%

Sep

11
5

6%

6%

6%

1,600

17%

17%

100

6

173/b

Sep
Oct

-

Oct

%

6%

ioc

35

A__

common

Draper

Burry

Inc.i

6

6

•

1

Feb

'

—-

i

Feb

T534

-15%

.2.50
I

i;

Jan

738

147

12%

1

Crystal Dairies Inc
Davenport Hosiery Mills

Douglas Oil Company

Ltd—

American

•

Jan

Apr
Dec

20

5

(Mo)...

76%

500

147

6 5/8

'

—

—

4,200-

203/4

19

6%

*

common.

1%

1%
147

5

common

Tobacco*

Curtis

.

1 %

13% July

•

1%

10

Cuban

900

..

•

Drug Co common
Oil Refining common

Detroit Gasket

•

common

60c

3%

17V8

*

.1

junior preferred

1%

3%

10s

.,

Feb

'

IX-

!

preferred

Cuban

73%

5

Company

Cent

Crown
Crown

Dejay

5

Co

&

Jan

4% July

preference

Ltd

Hill

22 %

10s

Buckeye Pipe Line
Budget Finance Plan

Bunker

Sep

10s

Distillers

cumulative

Bruce

Jan

17

1,400

reg

preference

Forman
Rubber

21%

Mar

bearer

common

convertible

$3
4%

21%

24

Ltd—

dep rets ord reg
British Columbia Power common

Brown

203/4

2,1%

25% Mar

ord

rets

American

Brown

223/4 July

ord

rets

Celanese

Brown

73/e Mar

V

Nov

72%

-

•

•

.

Jan

8%

7%

17%

7%

„■

Jan

%

Ltd—

'

8%

Nov

11

8%

8%

-

£1

A.

-

1
*

common

Jun

Jan

Brazilian

-

Feb

31% Mar

Dec

8%

■

fV

1*6

•

&

——

.

5c

Mines—

Inc

Corroon

600
'•

J

Jun

Aug

Distillery Ltd—

A

Class

Machine

&

Varnish

Si

(H)

Class

&

Var

1

Jan

%

Breeze

7.

6%

Inc

Crowley Milner & Co

10

Bohack

1,700

Croft

42%

9%

6%

Dec

10

class A

6%

Mar

10%

common

6 3/4

407/b

40 3/4

Black Starr & Gorham

1.25

Lines

Air

Sep

x36

10

Blauner's

14% Mar

Feb

10%

Inc
common

common

Dec

Jan

423/4

Inc

93/4

Oct

1

Co

Hedges

800

Foundry

1

&

Bickford's

10%

Aviation

4

Watch

Benson

10%

Jt

Commercial

13

Benrus

10%

Car-Na

15%

40 3/a

10

1

Oil

Continental

15

Telephone of Canada common__2S

35%

Royalty

Continental

1

common

Sep

Continental

1
Inc

22 %

Mar

4

325

31

3,900

Jan

5%

293/4

31

25

Jan

6

1%

33,600
25

2

1

common

Corp

Aircraft

"l%
'

5

5

50o

Instruments

Bellanca

1

common

Beau-Brummell Ties
Beckman

2

11%

24%

137/8 Mar

18%

2

6

"l%

rH

•

Corp

Bearings
Beck

10,300

Sep

July

2%

1

1

50e

& Power Ltd

1.200

24%

Utilities

Gas

Continental

Andes—

Ltd

Barcelona Tr Light
Barium

lo

Corp

shares

American
Banff

3

11%

1

Securities

13%

•

Consolidated

Continental

4%

1

common

Rubber

Baldwin

Oct

3

1

Company

A

Baker-RaUlang

12%

•

Mining & Smelt'g Ltd

Consolidated

15%

15

15

Liquidating

Consolidated

3

B

13

Consolidated

■'

I

14%

Nov

i

Volume

Number 5287... The

179

Commercial and Financial Chronicle

\

(29)

?

AMERICAN STOCK EXCHANGE
RANGE FOR WEEK ENDED JANUARY 1

Thursday
1

Week's

Last

STOCKS

Range

Sale Price

American Stock Exchange

Equity
$2

Esquire

preferred

ttfyh

Range for Year 1953

>)

Low

32

Nov

35

Mar

800

5

Sep

6

Aug

%

1%

Pipe Line common

10

Va

17

2%

Sep

42,100

Vo'

Corporation Ltd——$1 or 25c

16,600

Vo

Dec

140

16 y4

Dec

16% KIT/4

Par

High

350

5

% Aug

lft
ft

Jan

Jan

Kawneer

Key

Camera

Federated
Fire

Sterling

Flying
Ford

.

(Phila).—

A

Class

of

B

Fox

3%'
9%

Co

65%

6$$4

69

■

4%;m
'.

bearer

preferred
Mfg Co

General

'

.

dep

69%! Mar

75

67

Oct

73% Mar

3%

1,000
5,400

ft Dec

2,200

3%

Dec

7%

4%

Dec

8

10%

Sep

10%

10%

1,200

•

•

21%

21

1%2

1

'v#/4
;3^%

1%'

—25

iy^£4-%
——

'■

'

•4

Finance Corp

pfd A

5

22%

Jan

106%

Sep

3

1,600

1%

Sep
Sep

1%

Dec

15%

Oct

9%

'w*

—

25%

"1%

i

10%

9%

preferred

Feb

9% Aug
34% Mar

1

2%

Giant Yeilowknife Gold Mines——.1

7%

I

Corp

Glen

*

Glenmore

Alden

Globe

Godchaux
*

prior

Goldfield

Consolidated

12%

*

<

Manufacturing

Co
Atlantic & Pacific

Great

Non-voting
7%

1st

Lakes

Greer

Freehold

Griesedieck

Grocery
Gypsum

Chemical

Stores

~6%

Mar

Sep

11%

2,600

10%

Dec

13% Mar

1,500

22

Jun

27%

43%

43

43%

130

35

Jun

—

32'A

33%

130

31

Dec

73'A

Oct

62% May
54% May
86% Mar

%

Dec

""%

"'".%

35

24%

24%

24 Vo

22%

22 %

53A

6'/4

15%

11,900

35

22%

15%

15'A

50

,

Jan

Feb

1 % Mar

35

Dec

52 %

100

23%

100

21 Va

Sep
Oct

27% Feb
27% July

400

5%

Jan

12%

Sep

8

Jan

Mar

21% Mar

170

144%

Jun

171

Dec

60

129%

Sep

135%

Apr

2 VB

9,700

1%

Sep
Sep

17%

9c

7%
14%

14%

25,400

6%

...2

600

7%

16%

17

50c

300

133%

2

2%

170

133

133

1

Co

12%
4

.

2%. Mar
x21

Feb

8ft Jun

Dec

19% Mar

10%

Jan

13% Nov

*

common

Alabastine

Sep

14%

5

Brewery

Products
&

22

27,300

~li

34

Sep

34

15

600

Sep

H
Haelan
Hall

Hamilton

Co

Inc

:

Brewing

Dept Stores

Mining

Helena

Co

Steel

Nov

26

60

Jan

53% Mar

1 %

1%

1%

800

2

3 3

33

4

3%

1,000

Co

14%

1% Aug

1%

Dec
Nov

3%

Sep

5%

Jan

8%

8%

1,300

8%

Dec

12 y2

Apr

2%

2

2 Vo

7,500

1%

Oct

27%

26%

27%

700

2%

23A

2%

2,100

6 'A

6 %

6%

12,100

21%

21%

525

14

14

1

21 %

19

Sep

2%
6

2%
30

4%

Dec

17%

50

Dec

12%

Jan

27

13%

Jan

Apr
Sep

Jan

Jan
Feb

Jan

May

14% May

19%

20

300

18%

92

91 %

92

210

89

100

70

70

71%

9

9

"2

2

2%

1,900

xl %

Sep

7%

1,000

6%

Sep

9

Jun

77/8

Feb

9

Jun

w

1

common

10c

1

common

7%

7

60

68% July
77/a Jan

100

21% Aug
99

Feb

72

Nov

9% May

3%

Feb

■

(R>

&

preferred

class

Co

Stores

10

Holophane
Horder's
Hormel
Horn

Horn

Co

1.300

10

12 %

4.200

11%

Sep

12'A Aug
ley, Jan

2%

2%

1,400

2%

Dec

3% Mar

11%

11%

11%

200

13%

13%

13%

45

45

45%

•

Co

&

15

Hardart

&

Hardart Baking

Sf<

10%

12%

2%

_•

&

!

common

—•

Co

•

preferred

Hubbell

10 V8

12%

l

Inc

10%

_5

common

(Geo A)

131

131

Inc

Humble Oil & Refining capital stock..*
Hurd Lock & Manufacturing Co
5
Securities

15

100

12%

Jan

42%

Sep
Sep

16

125

47

Dec

Dec

152

10

17%

17%

300

25%

125%

100

17%

-s

56

%

3

59%

6,000

3%

56%

Sep

25

Sep

54

Oct

1,200

3

5

Oct

98 y4

Jan

Feb

23% Feb
107

30'
74%

Jan
Mar

Jan

2%

Sep

4% Mar

4%

Nov

5

12%

Dec

*

Hygrade Food Products

'

Sep

—

5

common

Oct

10%

25%

17 %

—100

(Harvey)

Hydro-Electric

—

_2.50

A

Inc

12%

12%

13 %

3,200

.*

12%

12%'13

2,800

12% July

American dep receipts registered—£1
Imperial Oil (Canada) capital stock...*

5%

Jun

28%

23

£fe28%

9,400

27%

Nov

IO%:J»IO%

100

,

{

Imperial Tobacco of Canada.

5

Imperial Tob of Gt Brit & Ireland. .£1
Indianapolis Pwr & Light 4</r pfd—100
Insurance Co of North1 America
5
International

I
.

Cigar

Machinery

Metal

Industries A-.

83%

7 *:&e

7%

200

1

90

120

j$83%

80

500

20% Jan

International

Products

International
Investors
Iowa

Public

3.90r<

.V**!.

18,400
11

3 %

1

Service

j

19%

10c

6% May
83

Jun

11% Oct
7%
100

Oct
Mar

2%

-"Til

3 3 o£

3r'«
2%-£ 3

200
3,000

6,700

77%

Dec
Oct

25

Jun

32% Jan

18%

Sep

30% Mar

10

Apr

13 Va Nov

3%
2

Dec

Sep

100'/a Jan

3%

Mar

Dec

5% Jan

Co—

preferred

.100

Manufacturing

80

v t c

Inc

84

Jan

*

9%

3.600

9%

Dec

15%

Apr

1

Iron Fireman
Ironite

,

5

Resistance Co.:

Royalty

9% Jan

Jan

17 *

♦

International Petroleum capitali^dck.*

,

7% Dec
37

27

*

International

7%
91

Air Chute

5%

300

5%

Dec

12

Jan

1

Jeannette Glass Co

Jerry

&

Jupiter

3

l

3%

Inc

—10c

1 %

Kokenge Co

»

O'Mahoney

Julian

Oils

common

Ltd

15c

May

1,700

2%

Oct

5% Jan

La

Sessions

&

Kansas

For

Motors
Gas

&

Corp

.

Electric

footnotes

see

4%%

page




pfd

31.

i

5%

100

11%

100

14%

9%

Dec;
Jan

Jan

18 y«

18

12

Oct
Jan

11% Jan

500

12%

Feb

11%

Jan

9%

200

9% Sep

3

3,600

2% Sep

4% Feb

1

1%

6,000

ii Sep

2ft Mar

6%

6%

6%

100

5

11%

11%

12%

6%

8%

Dec

Sep

Le

3%

5% Sep

4%

4%

4%

5,600

4% Dec

8%

8%

8%

7%

Apr

10'A Aug

15%

15%

15%

1,200
200

14% Jun

16% Nov

5

Class

Chain

Stores

Manischewitz

Dec

——

37%

750

4%

4%

400

5%

50

3% Jun
43% May

7% Feb
6%

5% Oct

Jan

37% Mar

—

—

11

Oct

Jan

4% Dec

10

11

925

45% July

38% Apr

—

—

3

20%

mmmm

36%
5%

—

5%

(The

—

2%

2%

45

Aug

18

Jan

Dec

10

1,200

51%

51%

51%

5,500

10 Vo

10%

2,700

14% Aug

9% Dec

—

10%

2% Dec

2% Dec
13% May
41 % Apr
22% Dec

—

.

51% Dec
26 V* Nov

15% Feb

Communication
Marion

Mfg Co

Johnson

Mead

Menasco

Metal

33%

40

21%

22%

750

400

21%
7%

20

21%

7%

Sep
Feb

Sep

40

Jan

4

Feb

21

4,800

7%

1,000

23% May

14% Jan
1V»

10% Jan

Oct

19%

19%

20%

23

22%

23

4,300

11%

11

12

15%

15

15%

1

2%

2%

3

1

filft

515

1

14%

14%

Jan

22

5,600

3,400

24% Mar
26% Mar

16'A Sep

100

15% May

9% Sep

15%

Jun

xl3

Dec

11

9% Dec

1

Dec

% Mar

4,900

2% Aug

4

7ft

73,200

3% Nov

7ft Dec

15%

6,200

Scott Corp—

&

Corp

preferred
Brothers. Inc
Bumper ' Corp
Steel Tube—
Michigan Sugar Co common
6'/"
preferred

21% Mar

Dec

7% Aug

55

15

Participating

Sep

6

Jan

11%

25c

common—

Dec

29

9-% Jan

Co

Textile

34%

28% Jan

—

Iron

13% Feb

9% Sep

3% July

10

common

Co.

&

Chapman

Warrants

17% Jun

21%

•

common

Merrill Petroleums Ltd

Mesabi

22 y.

Jan

•
1
-5

Co

Mfg

Jan

14

10

Dredging

McWilliams

18

200

33%

•

McDonnell Aircraft Corp

& Co

1,300

15%

£1

Massey-Harris-Ferguson Ltd
(JW) Inc common
(AG)

10%
22

15%

Marine

Ltd

Co

Mays

McKee

10%
21%

•

Co

Shovel

Power

10%
22

1

B)

International

Marconi

60

Jun

Michaels

1

2%

2%

300

2% Dec

3% Mar

Michigan
Michigan

1

5%

5%

400

5% Dec

8

11%

12 %

300

lii

2,900

Hone

Oil

Midland

2.50
—*
—10

Corp

11%

%
7%

$1

Corp

conv

$2

Midwest

dividend

*

shares

13%

50c
22%

5

Co

Refineries

i

Miller Wohl Co common

4%

50c

;

Molybdenum Corp
Monongahela Power

26 %

Sep

2,150

5%

200

4%

22 %

22%

700

20 %

1%

4%

;

31%

29%

31%

3,000

40%

39%

43%

10,900

96

96

97

Muntz

Tel

Tel

&

29

Jan
Mar

3 % Mar

5% Mar

Dec

33% Mar

15%

9% Dec

104

Jan
Oct

98%
2%

Jun

22

Jan

31 y2

25%

Sep"

57%

Jan

97

Dec

86

100

July

96

Jun

103%

Jan

140

88 %

Jun

99%

Dec

2%

600

2y2

Sep

3'/s

70

50

157

34%

25

34

5%

Sep

5%

5%

900

176

Jun

34%

173

173

4% Jan

5V2 Mar

140

96% JUn

114

10,000

1% Nov

25% Jan
6% Dec

33% Mar

2,500

27

Jan

42'/a Jun

2(000

5% Dec

8y« Mar

17% Mar
5% July

17%

105%

1%

1%

~6%

~7%

30

30

30

Jan

3,000

xl7

1%

3% Apr
23

150

6%

1

Murray Ohio Mfg Co
5
Muskegon Piston Ring common—2.50
Muskogee Co common
—
10
Muter
Company common
50c

•

'15
Oct
14'A Feb

16%

105

17%
105

Jan
Nov

37% Mar
5% Mar

3% July
3% Mar

1
16%

Dec

99%

103% 103%

100

Inc

TV

Mar

xlOO

preferred
4
Mt Vernon-Woodberry
Mills
2.50
Mountain States Power common—7.25
States

5%

Oct

Dec

28

175

3,200

cumulative

Mountain

4%

2,500

4%
10%

series

Products

'

Jan
Jan

17'A Mar

Dec

29%

preferred
100
series B„100
C
100
Monroe Loan Society com class A
1
Montgomery Ward & Co class A
*
Moody Investors participation pfd—*
Morris Plan Corp of America
10c
preferred

6%

15 3A

Feb

6,000

2

10%

cumul preferred

Metal

13%

29

Co—

4.80%

Clemens

Dec

12

13

•

common

4.50%

Mt

13

50

10%

cumulative

4.40%

Dec

10%

1

Service

Public

Missouri

10 Va

3,700

29

convertible

'!o

Vo Aug

14 »A Mar

500

12%

1%

2

1

preferred
50
Mining Corp of Canada
•
Minnesota Pwr & Light 5% pfd—.100
4 %

b

5%

•

common

Piping

Mid-West

1 Vo Mar

Jan

10% Sep
liy2 Sep

13%

12

10%

12%

preferred—*

Abrasive

Mid-West

Aug

Dec

*7

Products—

non-cum

Co

14

Apr
13

900

8

13%

1

common

8

Mar

24

1

Petroleum

Steel

Midland
Midvale

100
'

173A

Dec
Mar

4% Jan
9% Jan

5%

5%

5%

10

14%

14%

14%

500

14% Sep

1

4%

4y»

4%

1,900

3% Jan

6%

4%

6%

11,700

1%

1%

2

lV8ep

2% Jan

13% Jun

14% Mar

N
Corp
Inc

Narmn-Loeser's

Milling

&

Dehydrating

Alfalfa

National

National

1

Co
Bellas

Hess

1
•

common

National Fuel Gas

National
National

Mfg A Stores common
Petroleum Ltd

1
—25c
10c
2

National

Industries
Presto Industries Inc—

National

Radiator

Phoenix

National

National

Starch

National

Steel

National

Transit

National

Union

Neptune

Ltd

»_

common

Radio—

common
Nestle Le Mur Co common.

Oil

Dominion

New

British

New

England Tel & Tel
Haven

Ltd

Clock

convertible

Jan

New

Idria

New

Jersey

New

Mexico

31,000

1A

Sep

3% Mar

New

Park

New

Min

&

&

Process Co

Jan

9%

400

,11% Dec

lft

1%

9,900

lft Dec

3ft Jan

2

2%

10,500
1,100

l"/a

3

9%

,9%

100
500

12

1,300

14%

15%
19%

100

2%

3 Is

1,000

1%

1%

1%

15.300

25%

23%

25%

3%

3%

200

1%

1%

19,700

~1%

1,000"

2%
6%

28% Dec

4% Mar

1%

Dec

20%

common

Apr

4%

Jan

1A

211 May

Sep

109 Vo Sep

;

1,300

2% Jan

4% May

6%

400

5% Jan

10 y* May

Oct

1

4,200
17,500

39 y$

12,900

10% Dec

•

1

1

13

ii

U
41

41

47

25%

25 Vo

26%

10

8

1% July

60% Jan
23

May

1% Mar

Dec

62 % Mar

Aug

10% May

Apr

28% Mar

125

41

1,450

25

250

7

May

4

7%

Dec

U Dec

17,800

*

Merchandise

Dec

3

6%

1 Vo

~10

116%

370

2%

12

common

Co

Jan

25%

40%

Auction

3

Jan

3% Dec

10%

& Honduras Rosario

York

20

39%

York

July

Jan

Apr

11%

York

Mar

Dec

-

39%

1

21

2%

17

1

Land

Co

<

115% 116

116

1

—50c

Co

Nov

19% Oct

Jun

13% Jan
25

3

13

X9% Sep

17

Jan
July

13 y4 Mar

9% Dec

12

16%
19%

New

New

„„

17

Jan

12

12

19%

New

5% Mar

2%

15%
11%

25

Arizona

Mining

"in

20

preferred

Cliem

Zinc

8% Jan

Sep

Xl5%

14%

100

Watch Co

&

15%

10
—1
*
1
30c

1
..40c

4

13,200
16,600

1L%

>

2.50

Meter

Products—^

Car

!

1

Corp

Machinery

Rubber

National

4

Co

National Research

5 % Mar

105

2%

1
1

0
10

common

Mapes Consolidated

17% Mar

Aug

Nov

4 Vo

—

•

Public Service Co

Maine

Mangel

Oct

9.T-4

Dec

4V2

3% Sep

—

M

Dec

Dec

7%

2% Sep

__

2

Mackintosh-Hemphill' Co

11

2%

5% Jan

—

1

1

Coip

14%

57,000

200

5,200

36%

5

:

7%

4%

'

•

Locke Steel

7%
3%

—

*

B

Jan

9

9% Feb

7'A

1
10

A

4% Jan

Oct

4

25c
1

Tourneau

50

2%""%2 %

4

9,100

5

17,600

Sep

2,100

5%

50c

Liberty Fabrics of N Y
5%
cumulative preferred

4%%
1.200

4%

5%

10

—

class

17% Mar

4

5%

1
5

University

Groceterias

10% Dec

.

4

1

Realty common
(R G) Inc

Lefcourt

1,100

1

preferred

conv

cum

3%j£3%
i%T£I%

1%

2 %

7,500
15%

3% Feb
37% Mar

Aug

8% Apr
% Nov

2%

;

Co

Extension

Salle

14% -"*4%

■k
Kaiser

27

9%

Lear Inc common

New

Irving

600

1%

Ltd—

16% Oct

Imperial Chemical Industries-

jj

9%

2%

Foundry & Machine
Corp of Delaware

Lakey

Nachman

Zinc'Co common—

34%

Jan

>

Illinois

36 % July

2% Dec

14% Sep

Dec

8%

2

Products

convertible

Holly

4

21%

700

600

100

common

Hollinger Consol Gold Mines

■.*

22

650

53 'A

*

Mfg

57c

!

Jun

24%

52%

*

common—:

preferred
preferred

Higbie

*

21%
23%

25c

Henry Holt & Co

Hoe

21%

53 y4

5

33% Dec

3,000
400

Jan

5 Vo Mar

23 3 4

4

300

'2%

-1

Mines

Shore

Middle States

3V2

22

•

Hercules

Dec

*

A

Co

1% July

2%

10c

Co

5%%
4 %

3,400

—1

Inc.

common

Rubinstein

Class
Heller

4,30o

2%

♦

,

Lithographing
Hazeltine Corp..
Hearn

2 %

1

Havana

Hecia

1%
2%

l

Co

Hastings Mfg Co
Hathaway Bakeries

1%
2%

25

Bridge Co Ltd

Hammond Organ Company
Electric Light

Hartford

Harvard

Lake

Micromatic
1

5

Laboratories

Lamp

11 % Dec

34%

20c

Laclede-Christy Company
L'Aiglon Apparel Inc

Merrilt

Leases

Western

Lime

Oct

Feb

11%

*

Hydraulics. Inc

Gridoil

15%

24

—100

Great
1

Oct

Tea—

stock

common

&

11%

100

12%

~1Va

5

;

preferred
Oil

12% May

11%

1

12 % May
32% feo

8% Jun

.33y3C

Co

Krueger Brewing Co

4% Mar
12'A Jan

Dec

22 3 4

Manufacturing Co.
50
Gorham Manufacturing common
4
Graham-Paige Motors 5% conv pfd—25
Grand
Rapids Varnish
1

Gray

Dec

7% Dec

11%

Goodman

t

2i/4

8,400

12,000

•

Mines—"

Dec

26% Jan

Feb

24

»

preferred—

"

300

Nov

•

B__

$4.50

8

Dec

1,200

%

15%

—7.50

Stores

Kropp (The) Forge
Kroy Oils Ltd

108%

5

Sugars class A

Class

9%

„5

,

Lynch

"

*~6%'

33%

%

13% Apr
1% July

Dec

1% Sep

--

Corp

Jan

2% Jan
12%

6%

•

B.

2%

—

117%

Jan

1

'

:

class

Inc

33%

2VQ

——

Jun

Sep

Mar

16%

8%

10

Coal

Distilleries
Co

2%" ;;..2%
7%

—

Kobacker

33%

•

106

108

112% July
103% Jun

50

Apr

9%

;

Union

/

*

_

Gladding McBean & Co

»

i

common...

i !i

-

Hotels

50

1

Ltd

Co

M

Co common—
Rubber Co

B)

11 Vo

--

27

11

300

30.

10%

——

21% Apr

250

200

29%

10%

10

Lodge & Shipley (The) Co
Longines-Wittnauer Watch Co
Louisiana "Land & Exploration—
Lunkenheimer
(The) Co

Jun

9%

550

5%

Jan

1%

4,800

"■'fe

Gilbert

Co

18 Va Mar

Sep

103

10

"IO^h

115

t

Gilchrist

Apr
Jan

"24% Dec

400

2(5

%..:...f %

•

f
*

3

2%

5

100

99'/a

Plywood Corp common—.
50c
preferred—.
20
Public Service $6 .preferred
*
Georgia Power $6 preferred
•

(I

Loblaw

185

105

100

convertible

(AC)

5% May
12 V* Jan

W

General

Mich

Dec

87/s
25%

1 General

Gerity

11% Mar

Oct

1,300
1,600

5%.-#%

£1
10

reg

5%

common^
Outdoor Adv 6% pfd

Knott

G

Emil)

Kleinert

Lamson

20%

20

.

Jan

May

102% Mar

3,600

4,700

10%

•

II May

l-M
«

.3
10%

Lake

(D

1

8

30

—1

Lamson

105%l£|f%

3

Kirkland

lft

High

500

1

..

Kingston Products
Kirby Petroleum
50c preferred
Klein

11%

8

——

5
*

County Lighting common.
cumulative preferred

LOW

27

11%

Nov

5

Jun

10.200

3%/%

1
„

ord

rets

General

$5

Jan

1,000

4 y4

1

General, Fireproofing

5%

Mar

Ltd—

t

»

10%

7% Mar

Jun

4%

loo

Electric Co

General

Dec

3%

•

common

i

*■

5%

...

*

Range for Year 1953

High

lft

11%

Ltd

Co common
(Walter) & Co

Kings

Shares

Mj

'

.

,ft

common

Acceptance Corp
Alloys Co—

American

Jan

59

5

General Builders Supply Corp com
5'/f
convertible preferred
General

11

1.25

Co

Power

Gellman

General

Dec

1

■:

»

Sep

9%

6?g

4%

-

i

3%

100

10,100
64%

*

Brewing
(Geo A) Co

5%

3ft May
712

75% Dec

5,600

Ltd—

deposit receipts
Brewing Co

Gatineau

300

■%$%

~5%

*

28% Mar

Sep

1A Sep
3-ft Sep
6^% Jun

23,500

71%;

3%

1

(Peter)

Fuller

T

Canada—

American

Pitt

31,200

3^

ft

17

3,200

25

3

72 Vi

American deposit receipts ord reg__£l
Ford Motor of France—
Fort

2CT-;

1%

1

non-voting
voting

Motor

18

113

2.50

Co Inc

Tiger Line' Inc

Motor

20

*

10

Inc

|M H)

Class
Ford

Ltd..

Petroleums

Fishman

1

25c

Association

Firth

Instrument

&

Ltd

Oils

.,5

_

for Week

26%

—

Inc

Kenwell Oils & Mines

4%

Fairchild

Co

Kennedy's

Sales

Range
of Prices

Low

•

Kidde

32V2 Mar

-

Fargo

Last

Sale Price

American Stock Exchange

-.

.

8,000

5

Week's-

Thursday
STOCKS

Shares

vl'/a

2

Warrants
Eureka

-

for Week

323/4.33V4

sriTOc
1

common

Inc

Eureka

Low
2

1

Corp

convertible

Erfles

of

Par

Sales
,.

9

Feb

29

The Commercial and Financial Chronicle
10

...

Monday, January 4, 1954

(30)

m

EXCHANCE

AMERICAN STOCK

JANUARY 1

WEEK ENDED

FOR

RANGE

Thursday
Range

Sale Price

of Prices

Shares

Par

Corp

Share

Pond-——

Niles-Bement

——-

Mines

Nipissing

Products Ltd—
dep rets ord shares
— la

North

Airlines

Northeast

Ind

Northern

4'ft%

Pub Serv

Corp

Novadel-Agene

common
Ohio Brass Co class B common—

Company

Town

Corp common
cumulative preferred

40c

United

Oliver

B

Co

Can

5%

redeemable

6%

redeemable

red

Pacific

div

44

Dec

106%

120

95

Jun

1%

2,100

3%

19%

2,000
500
900

6

16

Power

&

Public

Service

South

Coast

South

Penn

6

Jan

6%

Feb

Southern

550

15

3%

Dec

9'ft Mar

16%

Dec

20% May

4,300

40%

1,200

35%

Dec

52%

Jan

13%

700

13%

Dec

19%

Feb

Jun

16%

Jan

34%

Jan

30%

30%

30%

200

27 %

Jun

31%

Jan

25%

Jun

28% Mar

25

27%

27%

27%

800

25
25
•
•
•

27 %

27%

27 %

500

25%

Sep

28%

Jan

26%

26%

100

23%

Jun

27%

Jan

97%
97%

99
97%

510

91% Jun

102%

30

90

Jun

101%

Jan

104%

103% 104%

690

96

Jun

104'ft

Dec

1

2%

2%

12,500

2

Nov

8%

25,500

1

pfd

Light,,5%

8%

7%

25%

6% Aug

25

•
vtc__2 Bol

1%

1 %

1%

3%

4%

Paramount

Park

Motors

Chemical

Parker

class

103%

Jan

21%

Jun

Sep

26%

Dec

Patican

Ltd—

Co

Traffic

Penn

Pennroad

Corp

Penn

Power

Penn

Water

&

1

pfd

12%
104%

Governor

Pinchin

Johnson

Pioneer

Gold

Common
Ltd

shares

Feb

100

12%

Jun

15

Aug

12%

Jun

15

July

14%
25%

10

5%

3% Aug

600

25%

900

12%

Sep

17%

Feb

Nov

36

Jan

5

Oct

July

11%

Sep

250

95

Jun

39

1,050

33

Sep

s

3

200

"5%
3%

63%

63%
14

100

5%

5%

Sep

13

Jun

4%

200

Jun

3%

1,500

25

Sep

58

1,000

3%

3%
24%

25

2%

300

14

63%

Dec

12%

3,700

13

4%

25

103% 105
3

3

1

Amer

60

200

200

37%

38

Co—

Pep Boys (The)<
1
Pepperell Manufacturing Co (Mass) —20
Perfect Circle Corp
2.50
Phillips Packing Co—
•
Phillips Screw Co
10c
Pierce

Feb

5% Mar

13%

5

100

common

Power

Sep

2%

13 %

2.50

Light 4 V2 %

&

Jan

69

~4%

5%

25%

2

Co

Sep

13%
14%

1
•

;

3%

13%

13 %

2

Parkersburg Rig & Reel
Patchogue Plymouth Mills

67% July
1% Feb

~4'ft

1
2

A

B

13% Mar

Jun

63

1

Company

Co

Pen

Class

Corp

3% May

Apr

90,600

A)

Jan

97%

21,000

4%

(C

Amer

Jan

24

share—1 Bol

(C A)

28%

17

102

102

102

100

fcommon——•

Petroleum

Oil

Jun

Jan

17

7% May
5%

Feb

14% Mar
108

Jan

41% Mar
3%

Jan

70% Mar
16'ft

Feb

7

25%

Jan

lft

1%

5.200

lft Dec

2%

Piper Aircraft Corp common
1
Pittsburgh & Lake Erie
—50
Pittsburgh Metallurgical common
5
Pittsburgh Railways Co
•
Pleasant Valley Wine Co
1
Pneumatic Scale common
!
10

1%

1%

1%

6,300

1%

Sep

3% Mar

65%

65%

66%

690

57%

Jan

75

33%

33%

35 %

800

28

Sep

38%

7%

7%

8

Oct

11

3%

3%

3%

~3'ft"

Polaris

Mining Co

25c

Powdrell & Alexander

common

3%

2.50

:

6%

•

6%

of Canada

preferredPratt & Lambert Co_J
Prentice-Hall
Pressed

Inc.

Metals

of

Producers

40%

•

Mines

9%

2.50

5%

100

7

Nov
Oct

July

400

41%

9%

33

Dec

23% Mar
4%

Jan

8% Mar

40% Mar
112

Jan

44%

Feb

11

Oct

Dec

8%

1,100

10

Jan
Mar

3%

Aug

12% Mar

37% Sep

1,400

10

Mar

9%

—1

9%

9%

1

2%

2%

2%

2,800

1%

Apr

3IS

Aug

1

America

Preston East Dome

Dec

110

36

100

common

3%

4,400

6%

6%
36

•

common—

1st

2% Aug
18% Nov

2,200
•

Power Corp

6%

700

1%

1%

1%

8,800

1 %

Dec

2%

Jun

10%

10%

300

7%

Apr

8%

600

8

Jun

Ltd

Corp of Nevada

"

Prosperity

class

Co

providence Gas
Public Service

•

of

Colorado—

Pufeet Sound Pulp & Timber
Pyrerie

Co

8

8

100%

100

100% 100%

25

90

May

•'

_

Manufacturing

31

31%

500

25%

5

com

common-

o.:-«.e!o

•

Dec

11

9%

Feb

1

cumulative preferred

Pyle*-National

10% 1

Im¬

B

13%

14%

350

12%' Sep

34

34

lo

Jun

22%

.100

Feb-

101

31%

Dec

19% Mat

Apr

37'ft

Jan

21%

Nov

Co

Power

19%

—•

200

Jan

7% Mar

11% Mar

8,400

41%

100

77%

800

65

96%

Dec

15

37'ft May

3%

8'ft

Sep

Feb

44

Jan

Jun

78

Dec

Jun

105

Feb

19

16%

16%

18

"3%

"3%

_3%

July

28%

Dec

15

1,000

Sep

18%

Dec

24%

Nov

2,300

21%

Jan

2%

Nov

4% Mar

Co
Corp

Dredging

Standard

Oil

Standard

common

Light common

B—

Corp
Steel Co of Canada ordinary
(The)

Starrett

Stein

& Co

A)

1

Sterling

Co

(J

Stinnes

(Hugo)

B)

8top & Shop
Stroock
Sun

(S)

Ray

common—

Finch

7%

5%

4%

Aug

5%

Dec
Mar

11

Dec

5%

8% Mar

Dec

28%

Dec

1,300
3,700!

Jan

20

;

Dec

7%

2,000

5%
29%

Jan

4

4,700

7%

5%

28%

29

40
27

40'ft

Jan

48

May
Mar

27

100

26

35%

X35

500

31%

32%

32%

100

25%

Jan

25%

300

28% Mar
35% Mar

Jun

33% Mar

"5%
40

40%

~5'ft

28%

Jun

22'ft

Jun

26%

22%

25%

Jun

24%

Feb
Jan

100

5

Sep

8

Jan

41

800

35

Sep

49

Mar

5

1,800

4%

x4%

Feb

7% May

2%

5

Sep

5%

Jan

"l%

"l'ft

"l'ft

3,300

%

Aug

2%

Jun

3%

3%

3%

3,400

3%

Sep

6'ft

Apr

Apr

20%

17'ft

Feb

Jun

43

Dec

1,900

11

Jan

18%

Sep

1.160

20%

Jan

26%

Oct

7,500

11%

Sep'

16% Mar

Sep

900

12

42%

16%

16'ft

16%

25%

24%

25%

1,000
•

13%

13%

Sep
Dec

100

19%

11%
40%

13%

18

11%
38

12

18%

11%
42

15% Mar

I

10% May

7%

3%
4'ft

4%
4%

3%

3

3'ft

6'ft

Feb

Sep

6%

Jan

2%

1,800

Sep

4

700

4%

Sep

3'ft

4,000

4%

Jun

x28%

4'ft Feb
34% Jan

Sep

2%

100

2%

Jun

650

16'ft

Jan

18

14%

14'ft

100

13%

Dec

18% May

8%

9

9

100

Jan

9% Mar

1%

2

6,600

1%

Sep

3'ft Mar

2%

2%

4,500

2%

Dec

4

25c
1

9%

10

18'ft

19

9%

Apr

Jun

31%

Jan

16

Sep

20%

Feb

6'ft

6,600
600

4%

"9%
2%

9%

9%

9%

Dec

Feb

39%

2%

25

3

9%

Jan

Sep

x27%

800

3

5'ft

7%

50

39

Sep

1,200

9%

39

•
1
15

Oil Corp—

8%

Jan

28

18%

Inc-i

Jan

23% Mar

Oct

20

•

common

Jan
Mar

2%
10

Co common

3%

1%

5
1

Superior Portland Cement
Superior Tool & Die Co
Swan

7%

5%

17%

Corp

Drug

5%

17%

Supermarkets' Corp

Sunrise

42% Jan

~2%

Inc

&

Dec

5
—1
10c
1
*

Products com

Sterling Inc
Stetson

30

•

Inc

Brewers

Sterling Engine

5,800

•

common

Sterling Aluminum

32'ft

5

Corporation—

Parts

Steel

31'%

1
1
1

Corp

class

Standard Tube

17% Mar

•
1

Co

Products

Standard

Standard-Thomson

5% Mar

Feb

18%

1
10
1
10
1

B

class

Jan

12%

20

Packaging Corp
Convertible preferred
Common

4%

1,400

3% July

1
—*
2.78
1

Corp

&

1,300

31'ft

25
25
25
25
1
5

(Ky)

Power

Nov

33

4%
15%

25
25

Standard
Standard

Jan

4%
15%

5%

preferred

convertible
Forgings

$1.60

Standard

29%

4%
15?«

E'dison—

California

9'ft

Dec

Sep

4

Jan

Dec

16

Mar

T
common

B

common

Technicolor

Inc

Texas

Power

Thew

Shovel

10

11%

$4.56 pfd

Dec
Nov

Jan

Dec

17%

May

105%

21

Sep

13%

14%

13,000

21%

700

9%

9%

3,700

8%

Sep

13%

14

—20

Stocks—;

Allied

Jan

54

14%

3.100

13%

Dec

.

31'ft May
17%

Jan

28 % May

Oct

23'ft

13% Mar

—25c

~6%

18%

300

16%

Sep

19% Mar

39%

41%

250

35%

Apr

50%

Oct

5% July

—5

6%

18%
41%

Inc
——1
Realty & Construction-j^—1

&

15

Jun

9%

Roofing

Tishman.
Tobacco

Dec

40

95

1

common
Markets Inc

10

700

13%

21

5

Corp

Jan

2,050

•

:

common

15%

Dec

10

1,650

11%

53%

21

14

1

common

Light

Co

Corporation

Thorofare

Tilo

&

Chemical

Thiokol
Thor

A

11

10

53%

•

Class

Tampa

10%

—8
5

Electric Co common

class

Inc

6%

Dec

l'ft

Dec

...7

1,300

..

1

8% Aug

6% Jan

Tobacco Security

Trust Co Ltd—
deposit rets ord registered

£1
Amer deposit rets def registered—5s
Todd Shipyard Corp common
20
Toklan Royalty Corp.—
—70c
Toledo Edison 4'ft% preferred
100
Tonopah Mining of Nevada
1
Trans Empire Oils Ltd!
*
Amer

Lux

Trans

2,050

4%

93%

94

12,400

2%

58'

100

85%

Jun

900

1%

Oct

94

Feb

4%

Jan

97%

Sep,

Jan

1%

1%

1%

2%

Feb

1%

1%

2

16,300

lvV Sep

4

Jan

3

2%

3

500

2% May

4

Jan

5'ft

Jan

4%

24,100

18%

3%
17%

1,050

•

Sep
Sep

19% July

16%

3%
18%

4

——*

Inc

J*"
Dec

22

44%

4

4'ft

warrants

Corp

Temper

\l
41%

44%

_1

Corp

Tri-Continental
True

Apr

18

Jan

Oct
Realization

Unexcelled

Reading Tube Corp class A
Class

Shoe

Co

Remington

Co

41%

3% July
Jan

5%

300

%

1,100

Co

25%

27

8%

9

4,800

23"%

24

300

pfd

F

100

Corp

Royalite

Oil

Russeks

Fifth

Co

150

$3.75

5%
9%

Nov

Union

Sep

Feb

United

14'ft

Apr

United

1% Mar

United

Milk

United

Sep

9%

Oct

Dec

27% Mar

Sep

2%

Oct

2% Aug

Jan

82

July
Jun

2%
94%

Feb

17

Amer

United

Jan

Profit

10%

f*

common

;

Dec

26

Mar

26'ft May

U S

Foil

class

43'ft May

U S

and

International

12%

600

10

Jan

14% Mar

12%

5,600

12

Sep

17% Mar

US

Radiator

Oct

6'ft Mar

U S

Rubber

500

5

•

2%

3

5

5%

4%

.1

Inc

Schulte

(D A)

Inc

Scullin Steel Co

8curry

oils

Seaboard

Securities
Beeman

16% Mar
4% Mar

Universal

Universal

Corp

For

5.400

30%

Apr

40

32,400

l'ft

Dec

3

Products

3'ft

Sep

7 %

2%

2%

2%

1,000

2'ft

Aug

3 'ft

Nov

16%

1,000

11'ft

Jan

18 V'2

Oct

16

16

.page




200

14

Jun

40%

Jan

38%

Jan

19% Mar

Dec

Feb

2%

3

7,600

Jan

3%

18

1,000

14 y.

Jun

20%

Aug

64

64

150

52'ft

Jan

72

July

37%

40

2,200

39%

30%
>5

Sep

275

86

43'ft

Sep

2,100

Sep

5%

86

%

87%

6%

6%
S-

1%

6

1

Dec

'

5%

5

8,579

5

*

1%

1%

1%

1,000

1%

Dec

12

%

%

2,600

%

Dec

41 y8

Feb

Jan

8% Jan
96% Mar

'

11%

Jan

2% July
1% Feb
61

Dec

58

58

61

700

21% Mar

24%

Jan

24%

2374

24%

700

23%

Dec

37%

Jan

5

Co

common

2%

2%

2%

3,500

2y2

Sep

3%

Jan

57ft

800

*

1%

36,900

l'ft

Dec

2

Feb

1,300

19%

Sep

28

Jan

Venezuelan

li3«

l'ft

—I„l

6%

6

6'ft

17V

2

1

1%*
12 %

12 'ft

1

Sep

213

Jan

Venezuela

Sep

liy,

Feb

Vinco

Sep

Feb

Virginia Iron Coal & Coke Co
Vogt Manufacturing

liV

800

127ft

Dec

4

15 Vs

Jan

Dec

83

22%

Sep

30%

26 'ft

26

26'ft

1,800

16%

Jail

29%

.20c

_

_

5%

*

72%

200

1

Co

1%

•

60

22%

3%

3'ft

3'ft

2,700

x3

Nov

Syndicate

Corporation

Inc

4 'ft

4-% --

1.100

.

_

_

.

1

5

.

Petroleum

900

8,700

\

73

22'ft

-

_

2,500

%

12'ft

Steel

Dec

73

22%

.

preferred

Vanadium-Alloys

20%
-

7% Mar

5%

—

•

convertible

l'ft

31.

14'ft

10

common

20'ft

—IIII*
see

14%

6'ft Mar

Jan

35%

34% July

V

$4

Corp

——50c
Airlines.

170

Feb

U Mar

«/

Valspar

1%

General

7,000

36%

1V

Feb

1

x36'ft ;x36%

Oct

235%

Dec

A May

17%

10

-

Sugar

A Dec

600

x220 %
300

Dec

1U
4%

/

4%

10

-

_

20 %

Inc

footnotes

38%

Jan

Jan

2%

—1

Insurance

l'ft

Mar

13

4%

._50c

Corp common
Consolidated Oil

6% Mar.

4%

43

17'ft

1

Sep

•

Ltd—

-

Stores

—1

common

Western

Bros

common

x38 'ft

—

Sep

HA

Dec

36%

•

Co

4%

4%

1

j

—

38%

common

Reclaiming

2

1

May

Aug

.%

17s
36%

*

warrants—

6,500

~25c

Jan

6

3%

'

1

—

_

Securities..

with

Jan

Utah-Idaho

80

7

—J

*

B

preferred

Universal

33%

800

8%

Jan

Sep
Apr

10c

12

900

200

34

7%

——

—

300

United

4%

1

preferred

Sep

15%

1,800

33%

-

-

Dec

I

_

Corp

-

_

18%

5

5%

•

Co

32%

14%

5%

73

25

common

Conditioning

1st

96

—

10

300

$5

10%

Jun

—

.

common- __25
25
_

convertible

$4

Aug

88%

10s

__

Sharing common.

Specialties

Air

7 %

50

7%

.100

Machinery

US Finishing

100

1

registered

Preferred
United

Jan

8%

93%

I

preferred
Shoe

Dec

34%

5%

20

_

Canal

1,600

s

Schick

&

—

•

20

12

III1

8t Lawrence Corp Ltd common.
Sapphire Petroleums Ltd
Savoy Oil Inc (Del)
Sayre & Fisher Brick Co

_

33%

1

Petroleum

17

lioo

common

12%

1.25

common

Co__

2,800

Oct

9

RR

Jan

Ltd—

Co

rets ord

dep
NJ

9%
34%

Jan

1%

93%

—-

common- _50c

Corp.

Products

Dec

Jan

34'ft

J-.34%

_•

Omaha

19%

~I
II_

Ltd

Ryan Consolidated
Ryerson & Haynes

Elastic

United

of

Fell

2%

26%

r

A

Products

Aircraft

32%

5

Ryan .Aeronautical

18

Jun

Yards

Stock

3%

8,800
600

__

series

preferred

200

3'ft

8%

—•

Co

2%

2%

"3

5

California—

Molasses

Dec

Jan

7%

5

of

Co

Nov

U S

Co

of

Gas

6%

28%

2%

£1

common

Ave

Oil

Sep

1%
1%

1,500

89%

88 %

Inc

Steel

Investment

Union

8%

5;100

2%

2%

dep rets ord reg
Cable Corp common
Field

Union

4'ft

United

Amer

Rotary Electric

Union

57% May

2%

_10c

t

Corp..

Canada

ajn

23'ft May

23%

50c
1

4%

1%

1%

1

(Texas Corp) v t c
Rochester Gas & Elec
Rolls Royce Ltd—

%
21

Corp

Chemical

Jan

5

900

1

Inc

%

5

Engineering

Mining Co
Valley Gas Co—

(The)

8%

8%

Feb

5%

1,100

Sep
Apr

3%

6%

6%

.1

Radiator

Grande

Rowe

21%

1,100

•

Arms

&

Rico Argentine

Rome

650

44%

1

&

Inc

Roosevelt

22%

43

1

Electric

Richmond

22%

44%

10c

Co

(Robert)

Rice-Stix

3%

22%

•

1

6.25

B

Pump

Reliance

100

3%

10

Railway & Utility Investment A
Rath Packing Co common
Raymond Concrete Pile common-.

Rio

5

1,800

4%

75'ft

1
1
12.50

common

Spencer Shoe Corp
Stahl-Meyer
Inc
Standard
Brewing

Ulen

Reis

5%
15

41%

1

original preferred
4.88%
cumulative preferred
4.56% convertible preference
4.48%
convertible preference
4.32%
cumulative preferred
4'08%
cumulative preferred
Southern
Pipe Line
Southland Royalty Co

Trunz

R

Regal

17% Mar

Q

Quebec

Reda

Jan

|| Mar

Sep

3%

•

5%

Talon

~1%

1,300

5%
15

£1
•

Co common

Dec

10a

Ltd

5%

4%

1
*
20

common

Corp
Oil

May

Sep

1

Mines

%

6%

Dec

14
'

Aug

4

400

Dec

8,300

*
1

common—

Manufacturing

Boss

13%

2%

Pattern

Apr

35%

97%

$3

Nov

23% Mar

%

14'ft

•

Publications—
convertible preferred

Jan

Page-Hersey Tubes common
Pantepec

20%

3%

1,600

'ft

*

Canada
class A

common

16%

—

98%

Co

Silex

300

3%

High

15'ft May

Dec

Simmons-Boardman

84%

•

Pancoastal

Nov

*

'

Corp of America
Sicks Breweries Ltd—

Apr

Sep

of

Sherwin-Williams
Shoe

Dec

preferred——

1st

$1.30

Jan

Jun

Ltd

Pacific

108

common

preferred

4 %

7%
).

•'

9%

750

14'ft

*
25
—100

Shawinigan Water & Power
Sherwin-Wiliiams

4

'ft

*
5

Jan

2%

57% Mar

3%

63

8%

Low

10

3%

14 %

1
20c

Servomechanisms Inc
Seton
Leather common

9%

3%

10c

Control

Safety

Serrick Corp class B

Ltd common—.
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord registered
Smith (Howard) Paper Mills
Sonotone
Corp
,
:

12

preferred

Pacific

Oct

Jun

18

77%

7%

3%

Jan

29%

Sep

1%

19%

6

98%

30%

Airlines

Petroleums

Pacific

150

15%

16

Jan
Mar

2,400

preferred
preferred

Northern

Pacific

1%

Sep

17,700

75%

19%

4%
92

33%

$4.50 preferred

cum

1%

Range for Year 1953

High

9%

common——1

Corp.

Radio

Sentinel
Sentry

Simplicity
Simpson's

2%

Hi

22% Mar

25
25

1st

dividend

$4.75

112

87% July
Jan

45%

2

44%
105

106

Nov

Jun

32%

_.

Lighting

$4.40

Sep

33%

1st pfd series A
preferred

1st

3ft May

20%

5

preferred

5%

4.80%

44% Mar

2%

2,900

Jan

1st pfd—25

common

Electric 6%

preferred

1st

1st

17

30

95%

1

Pacific <Gas &

5'ft "ft

25,600

25

2%

%

3% Mar

Dec

1%

200

4%

•21%

shares-10s
1

O'okiep Copper Co Ltd Amer
Securities

Overseas

Pacific

18%

3%

Nov

Dec

39

500

X94%

44%

1

Inc

Omar

Dec

11,000

Shares

Low

—-12.50

Shoe Co

Shattuck Denn Mining

Jun

1%

H8

24

—*

class

%

4,800

39%

1%

95%

•

Telev Inc—

Filters

Olympic Radio &

5%

82%

—25
1
7

common

2% Mar

3% Aug

1%

18

4%,

90c
—7.50

.

Gas

Natural

Oklahoma

Old

Ltd

Oils

Okalta
Okonite

1ft Dec

23.400

%

39

18

100

preferred—

4'fts

Power

Ohio

1,100

1%
5

1%

Nov
Mar

12,200

lft
4%

112

50o

Corp

Ogden

20% Mar

39

—1
50
pfd—100
*

—

Co

RR

Penn

North

19

Sep

1%

1
American Rayon $3 preferred-50
Canadian Oils Ltd—
—25
Central Texas Oil
1—5

North

Oct

14 %

%

Norden Laboratories Corp
North

15%

2,600

Metal

Non-Ferrous
Amer

28%

500

16%

28

1%

*

——

Jan

17%

16'ft

27

5

*

Inc—_—

Lites

15%

16%

16%

5

common-

500

17

28

——-1

shares

Founders

Noma

Corp—

Shipbuilding

York

New

for Week

High

Low

Selby

Niagara

Range
of Prices

Sale Price

Exchange

American Stock

Range for Year J953

High

Low

Par,

Sales

Week's

Last

STOCKS

for Week

Last

Exchange

American Stock

Sales

Week's

Thursday
STOCKS

1

-10

57a

5%

4 %

25

•
__

-

1

x24 'ft x25
,—•

300
—

-

4>%

Dec

-5

May
Jan
Nov

Mar

8% Mar

2&-/Oet

39%

Jan

11%

14%

Apr

Sep

Number 5287

Volume 179

Chromde

The Commercial and Financial

...

(31)

SI

AMERICAN STOCK EXCHANGE
RANGE

/

„

Par

Shares

Aircraft

Wagner
7%

Co

Baking

Low

•

voting

ctfs

Low

Waitt & Bond Inc

Ward

Watch

Co

{J

11 %

11%

100

11%

Jan

.

11,600

1

Dec

100

6%

Jan

10

100

3%

Jan

13%

12

%

\%

33,700

3%

3%

3,100

10c

U

%

%

10,800

•

4%

(1%

4^

27,500

172 %

Western Homestead Oils Ltd

164

Maryland Ry 7%

Stationery com

Inc

113%

Jan

4

Sep

7%

Jan

80

169

Dec

50

32

Nov

+_

33

33

11 %

10%

11%

1,625

18%

18%

150

17

-«%

18%

500

23% Aug
13% Aug

10

220

Weyenberg Shoe Mfg
Whirlpool Corp

1

White's

Auto

Stores

5%%

conv

preferred

Whitman
Wichita

(Win)

River

Wickes

Oil

(The)

Williams

Corp

Products

e

51/3

2,300

4

Sep

6%

8%

400

8

Feb

9

6

200

4%

Oct

6%

Oct

xl4%

Feb

11%

1

Pfd

u3/B

100

10%

Dec

%

11

36,100

%

Sep

2%

2,900

1%

Dec

10%

10%

150

2%

25
Lt

n3/a

u

-

2

10

100
1

Woodley Petroleum

3% Mar
14

Jun

Mar

105%

Dec

12%

15%

100

12%

Nov

33%

4,400

30%

Oct

44% May

Ltd—

(F W)

deposit receipts

Ba

Wright Hargreaves

Jan

8%

Nov

£i

preference

6
3

May

3%

Sep

1ft

Dec

2%

Feb

Ltd

•

i/ff

i,»6

25,400

1%

Dec.

BONDS
American

Interest

Last

Period

Stock Exchange

Sale Price

Low

Appalachian
Bethlehem

Boston

Elec

Steel

Edison

Chicago
3%s

2%s

Transit

3%a

&

Western

of

N

Gas & Fuel

Water

Low

$133

June-Dec

High

96%

*101% 102

102%

130

150%

97

96%

97%

17

91

97%

88%

LI,

RR

1993

A

88

88%

31

84

91%

64

May

$57

5s

95

95%

1993

1956

60

58 %

Jan-July

B

May-Nov

1965

3%s

&

Jan-July

RR—

Division—

J

_lst mortgage 4s series
A 1st mortgage 4s series

Einrira

June-Dee

1947-1978

of

Lack

Eastern

1970

A

Range for
Year 1958

No.

High

Quar-Feb

Dec.

Authority—

Lackawanna
.

1970

1998

1

series

series

revenue

Delaware

Power

«s Aug

Bonds

Sold

Thursday's

Bid & Asked

Mar-Sepl

64

7

$103'% 105

on

A6%s
5s

Nov

ex

Finland

Green

Mountain

Isarco

Power

May-No#

A 7s

ex

Power

mod)

1963

Extended

75%

93%

93%

77

$50

50

_

$93

75%

52

Public Service

50-year

iMar-No#

81%

81

75%

California
A

1st

and

ref

&

1960

coupon

89%

1

79%

90%

$102

$142%
•

103

100

3s series

series

C

series

D

Counties

B

1973

1st

mortgage

Southwestern

Spalding
Starrett

A7-4s

Btinnes

coll

3%s

1970

1989

with

trust

1966

A7s

Dec

ex

Wasatch

Dec

1

1940

1

1947

Corp deb 6s

Washington Water

6s

98%

4

90%

97.21

Holiday

41

97.10

-Holiday-

279.91

94.60

52.12
51.97

105.78

97.35

97.62

96.31

97.24

97.13

93.58

105.08

97.44

97.74

96.30

97.30

97.19

280.43

94.38

52,03

105.78

97.16

97.87

96.40

97.55

97.32

Over-the-Counler Industrial Stock

Averages

(35 Stocks)

-

..

Compiled by National Quotation Bureau, Inc.
Date—

Closing

M'on. Dec. 28

47.16

Dec.

46.98
46.99

30—

1953

49.80 Feb
2
Sep 16

44.40

Range

47.22

1—

for

Range

High
Low

for 1952

High

49.67 Jan

Low

Holiday

45.06 May

30
1

5s

prices based on the closing prices of the comrrion
1953 for composite and by major industry

compared with the preceding week and with highs and

follows (1939

lows for the

100):

=

Dec.

24, '53

18, '53

•1953LOW

High

Change

207.0

178.4

221.5

223.3

—0.8

235.6

202.0

191.1

193.6

—1.3

210.2

172.4

249.4

99

—0.2

207.1 I

207.9

228.7

231.1

90

and Service

228.9
195.0

242.0

—2.3

124.3

•

259,1

—0.4

250.5
202.0

197.4
124.1

Trade, Finance
Mining

103

101

87

Goods

Transportation

125.2

„

115.4

-

—0.4
,

213.8

195.0

—1.0

<

268.3

213.4

Transactions at the New York Stock Exchange

$30
149

101

149

$91

65%

67

101

$97%

149

130%
90

95

7

65

24

96

67

101%
99%

$95

98

$94

95%

97

94

149

Daily, Weekly and Yearly

95%
91

Sliareu

Week Ended Jan. i, 1954

99

$98 % 101

94

101%

Tues. Dec. 29

1,570,950
2,157,135

104

104%

Wed. Dec. 30

2,045,070

102

Thurs. Dec. 31__

3,092,000
2,741,000

92

*100% 101%

93

Mon. Dec. 28

96

2,489,980

%

90%

$96% 100

Feb-Aug

$100% 102

93

89

83

89

$81%

.April-Oct

81

86

,

$300,000
233,000
423,000
233,000

112%
112

77

Feb-Auf

$2,431; 000

—

3,508,000
3,519,000
3,010,000

Total

8,263,135

$11,1225,000

$12,468,000

93

Calendar Year

Week Ended Jan. 1

88%
157

Stocks—No. of

156

U.

93%

S,

2951

1953

1952

337,805,179

354,851,325

5,771,776

8,263,135

shares

Jan-July

1,189,000

1,040,000
10,067,000

Industrial.

$11,115,500

•

682,762,700

$12,468,000

and

Total

95%

4

103% 103 %

10

94%

94%

June-Deo

103%

76
95

$775,940,140

•

$194,050

,fi'r939,000
78,836,490

692,906,100
■

$772,875,640

J

97

104%

107

105%

112

$99% 102

99%

101

$105

June-Deo

1959

1,220,000

91,913,440

$30

1956

1960

6,000

11,225,000

Foreign

$93

'

$54,000

Bank

'ft

$44,000

$2,500

Government

Railroad

June-Deo

>

Salff-'t

;

98

101%

1953:

1963—

A

Bondt

$54,000

—

Bond

Government

$3,000
11,000
4,000
36,000
Holiday

$1,189,000

$2,128,000
3,264,000

$104% 106

Tom

United Statee

Bank
Bondt

Foreign
Bond•

and Miicel.
Bondt

Number of

99%

lnt'l

Railroad

Stockt

101%

International

coupon
ser

debentures

f

s

96.39

97.44

Total
Bond*

—0.7

Transactions at the American Stobk

Newspaper Union—

conv

97.35

Utility

100

93

101

April-Ocf
1953

coupon

Power 3%s 1964

West Penn Traction
Western

106.19

1953

]940 coupon 1956—

l

ities

Bonds

ex Aug 1 1947 coupon
Electric Service Co—

A7s with

Rails

Non-Durable

89

Jan-July

A6%s
United

Ralls

278.30

Industries—

Aug

Util¬

trials

Composite

,103%

$91

May-Nop

2nd stamped 1946
Hydro-Electric Co—

A6%s

52.18

Fri. Jan. 1

A7-4s

Terni

77
98

April-Oct

April-Ocl

(Hugo) Corp—
3rd stamped
1946
(Hugo)

95.22

10

Grade

Stocks

-

Grade

194.3

142%

1

Jan-July

Electric

&

& Bros 5s

Inc 5s

Corp

Btinnes

ities

Second

Indus¬

-

Manufacturing

(Calif)—

1971

3s

Gas

(A G)

Gjas 3%s 1970

Ga$

86

13

$99

Jan-July
Feb-Awg
Feb-Aug
Feb-Aug
Feb-Aug

1976

Southern

127%

„

$191% 102%

June-Dec

Mar-Sepf

1965

3s

series E 1978
California

'

86

98%

Jan-July
May-Nop

1976

3 %s

Bouthern

roads

10

Pirst

192.9

Co—

1998

Edison

2%s

3%%

65

10

Percent

104

102% 1027/a

April-Ocl

1960

Gas

1973

M

•

Averages

83%

89%

Harbor Water Power Corp 3s 1981
Sapphire Petroleums Ltd 5s conv deb 1962_Jan-./uip

series

Util¬

280.92

groups

f80%

April-Oct

Safe

3 %s

;

/-.ft;f

Co—

debentures

Southern

Rail¬

The SEC Index of stock

$30

Jan-July

1968

l

1940

l

Electric

6%

CMh

stocks for the week ended Dec, 24,
.

Jan-July
1963

1947 coupon

1

for

*■

Durable Goods

3 %s

1971

Oct

Oct

ex

week.

-Bonds—

trials

93

;

Jan-July

with

A6%s

,

Indus¬

Dec.

mortgage

Hydro-Electric

A6%8

during current

SEG Index of Stock Prices

59%

April-Oct
May -Nop

1970

Piedmont

6%

10

current year are as

Pennsylvania Water & Power 3%s 1964
3 %s

«%

3%

Total

102

81%

1963

to

mortgage 3s

3

sales being transacted

18

98

93

ctfs

A 1st
mortgage 6 %s 1953
6%s due 1953 extended to

1st

43

15

p''

Thurs. Dec. 31—

Nippon Electric Power Co Ltd—

1st

no

20

Wed.

Trust—

Realization

at 4%

Power

4%

4%

78%

$98% 100

June-Dec

England Power 3%s 1961

Ohio

4 %

4%

$30

1970

liquidating trust
Valley Rlt—

Midland

32

4%

RR—

l 1940_ coupon 1952
NovT 194*7 coupon 1952——.

A6%%

41%

29%

flat.

Tues. Dec. 29

Hydro-Electric Co—

Italian

36%

-Stocks-

106%

Jan-July

3%s

.-.ft ,A7s„With Nov

New

$91

Mar-Sep#

Western

&

(stmpd

ser

1953

coupon

May-Nop

53

33

Mtge Bank—

1961

Guantanamo
4s

1947

1

Residential

stamped

1953

49

4%

,

30

Fri. Jan.

1940 coupon

43%

37%

—

daily closing averages of representative stocks and bonds
the New York Stock Exchange as compiled by Dow, Jones & Co.:

101

103

34%

1

39%

39%

$30%

Stock and Bond

Ercole Marrelli Elec Mlg Oo—

A6%s with Nov 1

prices;

63

95

58

101%

the

are

68%

56

~4

96

—

39%

39 %

39%

Jan-July
Jan-July

1919

25

Dec.

Week's Range
or

23980

traded

24—

Dec.

-

being

Date

Dec.

Thursday

8%s

39%

Jan-July

June-Dec

Bonds

listed

16% Mar

32%

33

Sep

13%

1997

1921

Below

Jan

13%

8

common

Apr
Mar

lft Jan

Nov

98

__

40

65

57 V*

certificates of deposit; "cons," consolidated; "cum," cumnlstlve; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "v t c," voting-trust certificate*:
"w i," when issued; "w w," with warrants; "x w," without warrants.
t

Jan

Nov

5.%

$36

Mar-Sept

66%

63%

§ Reported in receivership.
Abbreviations used above—"cod,"

May

3%

8

2

6%

12

25

Feb

4%

Woodall Industries Inc

American

21

8

.1

4%%
Wood Newspaper Machine

Woolwortli

300

5

1

Ltd

common

Pwr &

Nov
Nov

7%

1,000

2%

•

preferred

Wisconsin

8

22

101

High

63%

__

n Under-the-rule transaction
(not included in year's range).
r Transaction
included in year's range),
x Ex-dividend,
y Ex-rights,
z Ex-iiquidating dividend.

A

Oct

1

>

Inc

Brothers

7%
21

E

$Thursday's bid and asked

25% Mar

19%

2008—.—

$58

$100

1

$65

June-Deb

Low

principal.

Dec

5

Petroleums

5%

77/8
22

*

1

& Co

Wilrich

•

__

1

____23

Corp

(R C)

Wlllson

Wilson

Inc

Co

&

_i

0

19%

66%

Year 1953

No.

*No par value,
a Deferred delivery transaction
(not Included in year's range) t
d Ex-lntereat.
Odd-lot transaction (not included in year's range), f Ex-distribution,
g Ex-stock dividend,
h to-

Mar

(not
Mar

series

Government

A5%s

34% May
23% Jan

10% Dec

2%s

f

s

ARussian

Nov

1%

169

20

Westmoreland

July

169

•

Coal

Nov

ft Sep

to 2%s

66 %

May-Nof

Range for

Sold

High

June-Deo

Sinking fund 3s Jan 1 1997
Rio de Janeiro stamped (Plan A)—
Interest reduced to 2% 2012

Jan
Jan

5%

reduced

Bonds

Thursday's

Bid & Asked

(Republic of)—

Extl

Jan

189

3% Aug
110

1st pfd—100

Westmoreland

Jun

X148

Interest

Peru

May

1 %

U Aug

240

163% 164

•

Western Leaseholds Ltd

&

1%

8%

8%

3%

•

1.35

or

April-Ocf

Mortgage Bank of Denmark 8s 1972
Parana stamped (Plan A)—

Jan

14% Aug
2% Feb

1

-

10c

preference

1%

8%

—

•

Aug

8%

1%

1

Mortgage Bank of Bogota—
A7s (issue of May 1927) 1947
A 7s
(issue of Oct 1927) 1947
A Mortgage Bank or Chile 6s 1931

'Mar1

8%
112

Dec

Wentworth Manufacturing
West Texas Utilities $6 pfd

Western Tablet

Dec
Jan

2,400

common

Sale Price

Low

3% Mar

Sep

7

30

Corp
Webb & Knapp Inc

Western

2

105

%

Baking Co warrants

series

600

\l

Wasatch

$6

200

7%

Week's Range

Last

Period

Stock Exchange

High

1

$2 cumulative preferred
Waltham

2%

7%

7%

Interest

BONDS

High

2%

__

•
100

ext

preferred

1

American

Range for Year 1953

w
Waco

JANUARY

Thursday

Range

of Prices

Sale Price

ENDED

for Week

Last

STOCKS

American Stock Exchange

WEEK

FOR

Sales

Week'*

Thursday

__Feb-Aug

,

Exchange

Daily, Weekly and Yeaijl
Stockt

(Number
ol

Foreign Governments and Municipalities
Thursday
BONDS

American Stock

Interest
Period

Exchange

Last

Sale Price

Week's Range
or

Thursday's

Bid & Asked
Low

Agricultural

Mortgage Bank

A

5 %s

External

5s

Maranhao

Interest

AMedellin

stamped
7s

—

(Plan
to

stamped

Wed. Dec. 30

93

*69

1958.

—Jan-July

99%

1951

2008

27,000

21,000

7,000

55,000

16,000

44,000

41,000

101,000

$95,000

$340,000

2,679,149

Total.

$121,000

—

12
43

69

Calendar Year
19 SI

1953

1952

43%

63%

100,000

m

100%

Domestic

:

49

Foreign government

106,237,657

$284,000

$11,961,000

$12,009,000

88,000

14,897,000

9,931,000

134,000

5,256,000

6,625,000

$340,000

17%

102,378,937

124,000

shares

1,782,237

•95,000

of

2,679,149
$121,000

Stocks—No.

Foreign corporate

103

$124,000

Week Ended Jan. 1

102%

88

41

*102% 102%
*101

21,000

48,000

Holiday—

69

_

31,000

$84,000

714,250

Fri. Jan. 1

93

93

—

Thurs. Dec. 31

$506,000

$32,114,000

Bonds

16%

—Mar-Sepf

*48

May-Nop

.*69.

51

*40

June-Dec

12

16%

—

A)—

2%s




92

__

1
,

$26,000

$30,000

1953

May-Nop

—Feb-Aug

6%s stamped

__

—

*93%

June-Dec

1955

reduced

+93%

—Jan-July

1953

City (Peru)

Tues. Dec. 29

68

—April-Oct

Danzig Port & Waterways—
AExternal 6%s stamped 1952__
A Lima

Year 1953

(Col)—

A20-year 7s April 1946
A20-year 7s Jan 1947
Bogota (See Mortgage Bank of)—
ACauca Valley 7s 1948
Danish Cons Municipal LoanExternal

Sold

High

$28,000

499,710

Mon. Dec. 28—

Low

Total

Bondt

Bondt

Bondt

834,190

Range for

NO.

Corporate

Government

Bondt

630,999

Bonds

High

Foreign

Foreign
Domeitio

8haret)

Week Ended Jan. 1,1954

*
'

—

—

"

Total
-j

—

■

'
-

—

•+

•-

$28,565,000

1
;

1

,

(32)

32

,

The Commercial and Financial Chronicle...MondayvJanuary 4, 19,54

,,

mkmrnrn
o

-Ar"

r

****

•

**

OUT-OF-TOWN MARKETS
4

'

WEEK

FOR

ENDED

'

*■ Jk

'

,

RANGE

JANUARY

1
*

Thursday

Boston Stock

Exchange

Thursday

SHOCKS

Kale Price

cumul

$4

Low

156 %

—

Woolen

—

280

76%

28 %

--

Range for Year 1953
Low

2,210

15%

76%

-69

Shares

30

Jan

Pepsi-Cola

Sep

26%

Jan

Pure' Oil

Dec

94

Dec

-

"

1

28% Dec

——100

Boston 6c Albany RR

125% 126

20

120

Sep
July

'

Edison

Boston

.^50%.

5fc

491/4-

50%-

6%

6%

28%

30%

'7%

•

*

■"

*

r

492

46

65

7%

50

78%

81

1%

78

22%

22%

125

9%

"'

6%

1

'

—

200

75

_100

(when Issued)

preferred

''

9»A

180

>

:*

!~~i

Line

5

Hecla

6c

Service

Cities

—1Q>

—

■*

*

•

—

129% May
Feb

53%

13% Mar

28%

Dec

43%

6%

Sep

9% Mar

Oct

95%. Jan

Feb

—

Common

.' 1

Sep

1st

Sinclair

6%

preferred

B

class
Lines Inc

_

•
—

46

35

17%

100

_

common

95c

45
34

•

17%

550
110
65

165

16%

9%

-v

Dec

6%

Jan

8%

6

Sep

11%

Feb

17

160

16%

Dec

23%

Jan

13%

13%

13%

50

10%

Jan

46%

46%

10-

43%

Sep

23%

23%

21 y.

Nov

29%

Jan

20%

20%

21

20% Nov

28%

Jan

32%

.1.40

Industries

~

Southern Company
Southern

31%

32%

Standard

-5

20

Brands

9

Nov

13%

75c

Sep

*

"

16

28% <•;

-

—__25

16%

-15% May

62%

28%

r*
,

-

6a%

68%

72

71%

72%

32%

32

Studebaker

20%

20%

20%'

35%

35%

-

32%

35%

Oil

J)——

(N

25

(Ohio;
10
—i—— 1

-13%

14

Jan

" 77

t 25%

16

66%

Oct

•

85

)

66% Sep

|

*

185

V 31% Sep
20% Dec

-

-

Feb

48% July
29% Mar

Sep

60
•

.

43% Mar
46%

Jun

38% Sep

50

Standard Oil

Standard

30% Sep

159

40

28%

Co <i.
i-1

18(T "

.

40

—

Railway

,

Timken Roller Bearing
Union Carbide

Jan

Rubber

'

34% Mar

7 80%
,

Jan

78%

Jan

38%

,Jan-

43

Feb

-

S
S

74%

35% Dec

30

5

250 "

46%

Feb

62%

90

74%

29%

Co

75%

Dec

30

Dec

Jan

-

39%

39% :.

60

24.'% Sep
33% Sep

44%

Jan

Westlnghouse

.12.50

50

50%

52

40

Sep

52%

Dec

Woolworth

—10

42%

42%

25

42%

Dec

48%

Feb

.1998

62%

63

63

Dec

Steel

39%,

;

Nov'

1%
46

Nov

Jan

28

X17%

U
U

90c

_100

preferred series A.

9%-

24% Mar

f"

100

—

6%

88

19%

Dec

,

„10

i

(new)

Eastern Massachusetts Street Hy—

Eastern

1%

Apr

& Fuel Associates-

Eastern Gas
Common

*

Co

Range

Copper

1

High

3%

125
"

Corp

Bchenley

•

Dec-

71

Low

3%

46%

•,—

—

Standard Oil llndlana)
Calumet

Range for Year 1953

High

3%

9%

.33 %c

Shares

45% Feb

^

Boston & Maine new (when Issued) _100

Radio

3%

50

161%

76%

10

529

Air

Perm RR

High

Jun

13%

*152
...

Low

4

Motors

American

Pan

for Week

of Prices

Par

Packard

High

14%

«

pfd

pr

Anaconda Copper

»

155% 156%

'15%

it

conv

for Week

of Prices

Par

,_100

American Tel & Tel
American

Sales 4

Range

Sailer

Range

Sale Price

Week's

Last

Week's

Last

STOCKS

37%

Apr

Dec

21

Jan

(F W)

BONDS—

National

First

•

Stores

General

Electric

Gillette

(The)

52%

•

*

—_1

—

52%

25

84%

87%

1,093

46%

87%

-

Co

47%

269

Kennecott
Maine

*

Copper

Central

Mathieson

__

5%

RR

Chemical

Narragansett

pfd

100

_

5

Nash-Kelvlnator

15%

4%s_

Trans

Dec

12

58%

Sep

x81

Service

New

England

New

England Tel

New

York

Norbute

1

Cos

Electric
Haven

New

20

System

100

& Tel
&

Hart

132

Jan

Dec

104

4|%

42

47

17%

Sep

42

12

300

11

Jan

15%

16%

483

15%

8c

RR

2.50

14

2,100

1,117

115% 116%
24%
—

A

—

100

(N H)

13%

May

Watling, Lerchen & Co.

13% May
25% Feb

'

RR- -100

Corporation

Northern

13%

55

Feb

Sep

10

112

Dec

Member*
New

'

National

$2,112.50,.

Feb

8%

297

8c

■

Clnn

Dec
Dec

11%

—

1

Association

Dec

92%

48%

:

300

9

64%

112

5

Corp

Racing

62

--

—

53%

Apr
Apr
Jan

1

l

8%

Hathaway Bakeries

41%
66

32%

86c

50

24%

86c

70

102% 102%

1,900
.

30

7c

19c

Sep

Feb

Jun

14%
116%

Dec

20%

Jun

33%

Feb

66c

Jan

American Stock Exchange

Stock Exchange

Detroit

Feb

Sep

York Stock Exchange

12%
110

Midwest Stock

Ford Building

Exchange

DETROIT

1.00 Mav

104

98% July

Telephone:

Apr

WOodward

2-5525

'

Pennsylvania RR
Reece
Folding Machine.

.—50

Rexall

.2.50

Drug

Shawmut

—10

Inc

Webster

1

6 %

951

16%

100

85c

50

5%

Dec

23% Mar

Aug

1% May
6% Dec

Jan

19%

21%

141

25

200

24%

21%

75

18

Detroit Stock

Jan

37%

Oct

Jan

28%

20%' Dec

24%

'

— _

19%

20%

•
'

17%

1

______

_

Inc

Jan

'

»

Torrington Co

16%
6%

—

a

Association

Stone &

16%

Dec

Union

Twist

United

Fruit

Drlll__

__

_

5

_

S

Rubber

13

379

11%

14%

Oct

44%

—

Co

44 %

45 %

3,214

43%

Dec

58%

36

36%

775

35 %

Jun

41

Jan

29%

29%

195

23%

Sep

31% Mar

12

12

10

11%

Dec

14

System Inc
Westlnghouse Electric Corp
Woodley Petroleum Co

49%

51%

303

39%

Sep

52%

-

12.50
_

50%

32%

—

—

Allen

Electric

32%

50

32%

Dec
Jan

65%

Oct

Big

Markets

Bear

Briggs

Par

Baldwin

8

_.

Carey
Cln.

.

Gas

&

Cincinnati

Elec.

com

Milling

10

_

8.50

new

Machine

*

Telephone

_

Rights
•

Cincinnati Transit
Cincinnati

Dow

Stock

Union

*

Yard

_

_

<■

Tissue

_

_

19%

Dec

25

21

45

20%

Sep

25% Mar

88

16%

Sep

19% May

21%

21%

22

401

17%

Jun

22%

Formica

50%

50%

69%

69%

69%

458

6%

6%

11,069

5%

Nov

4%

4%

4%

2,293

3%

Jan

13

13
16

»
•

Art

—

-

-

11

10

35%

Jan

54

Dec

69

Nov*

78%

Nov

6%

Dec

6%

13

Nov

15% Aug
Dec

17

Aug

15

10

Nov

13% Mar

Feb

10%

6%
18%

52

37%

37%

165

25

6%

17%

Apr

8%

Gamble

53

23% Mar

Sep

35

Friars

•

preferred

.__

—

100

Gar

May

55

55

48

44%

69V4

45%

78

37%

68%
209

—

69%
209

761
1

U

S

_

59%

30

Wood

1

Cyanamid
Radiator

American

Telephone & Telegraph

209

12%

150

12

Mining

50

23

Great

Lakes

28%

10

11%

O

RR

Bethlehem

17%

60%

60%

657

GO %

Dec

94%

25

320

23%

Sep

27

9%

9%

29%

29%

29%

46c

46c

46c

.,9%

1

...

11%

i

10

12%

77

152 %

17

59 %

.1

..

Howell

Cities

Hudson

tt
_

....

Columbia

&

_

-

Dec

15%

43% July

Jan

Clemens

500

3%

Sep

3%

Nov

561

53%

Sep

2%

2%

150

2%

Dec

4% Mar

6%

6%

100

6%

Dec

8 %

2% Mat

,.<M%

1%

1%

250

1

Dec

2%

2%

100

1%

Sep

8%

8%

8%*

250

8%

Sep

14%

14%

200

13%

Oct

14

14%

800

13.

13

13

■

3

J

y

1

7%

12%

u

11
3

y

1

.

Metal

Rudy

(Fred

(HW)

Scotten

Oct

15%

Feb

Walker

Jun

161%

Jan

Wayne

preferred..

B)
&

Dec

45%
43

Dayton
Du

Co

Co

Power

&

&

Co

_

_

_

Dec

8%

Eastman

Kodak

Federated

45%

Sep

57%

5

21%

21

21%

80

21

Dec

33%

Jan

Alaska

33%

32%

33%

172

Sep

41 %

Jan

Alleghany

59%

Dec

95%

Jan

Allied

71

Oct

95% Mar

Allis-Chalmers

26%

Dec

33% Mar

59%

59%

60%

369

77%

77%

77%

135

27

26%

27

205

Motors

5

Juneau

3

Corp

Chemical

(Un)
&

Dye

(Un)

International Tel & Tel

— —

Loew's Inc

13%

Montgomery Ward & Co Inc
National

Cash

257

| 12% Dec
23% July

27 %

Dec

3% Mar

100

3%

15

33%

38%

Dec

American Cyanamid Co

38

106% 106%

54
2

Jun

-

Jan

(Un)

——

National * Distillers
New

York

L

Central

For footnote*

*ee

page 41.




15

15

475

Dec

Jan

4

Mar

Dec

19%

6

%

1.150

5%

Jan

7

1 %

900

1

Sep

2%

3

900

2%

Jan

4

1,100

13%

Jun

Jun

107%

Dec

American

Power (Un).

*

18

4134

Jun

47%

Dec

American Potash &

Chemical cl B

13%

13%
14

1%

200

1 %

14

May

1% July

200

Week's

36%

Sep

47%

Jan

American

Radiator

&

87%

Smelting

125

Apr

91%

Dec

American

& Refining
Tel & Tel Co (U11)

&

Foreign

58%

59%

98

53%

Sep

69%

Feb

American

13%

15

12% July

13%

Nov

American

Viscose

25%

33%

Jan

American Woolen

(Un)1'.

SS

*

(Un)_*

Tobacco

13%

180

13%

152

13%

Dec

13%

13%

50

10%

Oct

Mai-

Apr
May

15% Mar
15

Mai-

1Tb May

Sales

Range

for Week

of Prices

Shares

a73%

Sep

Corp
(Un)

(Un)

19%
1

Jan

Anaconda Copper Mining

13%

Dec

Armco

Steel

55

55%

75

54

Sep

59%

Aug

58%

59%

88

51 %

Sep

59%

Dec

18%

150

17

Oct

22%

Jan

18%"

19%

103

18%

Nov

25% July

Ashland
Atchison

Atlantic
Avco

&

Oil

&

a3%

30

3%

a73 % a73 'A

10

64%

45. 45'%

25

Co (Un)

50

Dec

Sep
Sep

High
3%

Apr

5 % Mar

74 %

Jan

41 %

58

Jan

11%

409

11%

Dec

15%

Jan

14%'
a

986

11%'

14%

227

13

Sep

15%

45% a47 %

200

a8%
a

a8%

34% a34%

10
20

44%
8%

Oct

Sep

49

Dec

Aug

Sep

10 % Mar

Jun

30

35

Nov

15%

Feb

13%

13%

13%

970

12%

Oct

28

28

28%

623

25%

Sep

43%

155% 155%

594

153%

Sep

160%

Jan

a59% a61%

450

59

Dec

77 %

Aug

44% Aug

a61

••36%

%

36 %

600

35%

Dec

15%

428

14%

Sep

25% Mar

29

29%

985

29

Dec

44%

32%

32%

670

31%

Sep

42%

Jan

(Un)

5

8%

8%

105

8%

Sep

11%

Apr

Refining (Un)

1

11%

11%

960

11%

Dec

16%

Apr

Sep

96% Mav

i

(Ill)

Topeka & Santa Fe

Refining

(Un)

Manufacturing Corp

_l

(Un)

29

3.5 3 4

14%

Jan

10

(Un)

Co

100

45

•

>.

Low
2

2

11%

100
25

Range for Year 1953

High

2

a3 %

*

60

27%

Mar

1%

<

91 %

46

13%

Feb

3%

\

«

39%

66%

Oct

24

1%

Low

10

39 %

-

Jan

2%

3% May

6%

6%

2

American Airlines Inc (Un)
1
Amer Broadcasting-Paramount Theatres
Common
1

15

Armour

55%

Sep

14

•

100

18%

Register

16%

166

1%

♦

(Un)

%

International Harvester

Feb

3%

1

86%

—

2%

5% Mar
1%

*

10

12%

46

59%

200

Last

Gold

26%

Greyhound Corp

3

July

Angeles Stock Exchange

27%

37%

•

2

3%

13%

STOCKS

12%

«(

1% May

100

3%

3

Mar

American

General Electric
General

32%

Jan

4% Mai-

l

1

27%

—

100

3%

15
•

Jan

5

Dec

100

1%

Sale Price

15

10

2%

2%
2 %

100

Thursday

July

50%

Stores

16%

Sep

j

50%

Co

Department

Sep

2%

18%

1
..

Los

50%

—

9%

'

1

common

Feb

12

5

400

May

1

18%

2

__

...

18% Mar

25 %

7

10

3%

>.

1

_

_

_

Dec

Light

16% Mar

Dec

18%

1

10

Screw

Oct

Pont

Sep

7%

Jan

Dec

4%

*

Jan

16%

Dec

12%

300

3

•

17% Mar

Feb

Sep

11

420

,t

May

14

2%

V

4

_

Dillon

8%

«« —

2% Mar
9

76% Aug

28%

4%

Feb

Jan

100

11'/a

2%

>.:«

10

Manufacturing

Jan

30%

4%

Jan

300

7%

1 %

1

Electric Welding
Brewing

19%

--

7% Mar
8

69%

*

Products

15

*

14%

2%

2%

__1

_

*

National

54%

260

240

Mar

2,910

2%

.

Murray Corporation

440

11%

Jan

3%
33c

3%

.10

__

...

Jun

Screw

50

5

Nov

3%

3

Masco

8%

r._,!'

10c

59%

3%

1

19%

Electric

2,800

10

.

Motors

Dec

33%

—25

__

Ohio

16c

2%

_

Motors

33%

10

So

Sep

3%

Mfg

8%

Gas

Columbus

Dec

2%

6%

.

Car..

&

25

City Products

9%

160

59%

Chemical

&

Bearing

Motor

Lock

19%

Service

632

13c

3%

Corp

Electric

8%

25

16% Mar

9%

2%

3%

»

Hoskins Manufacturing
Houdaille-Hershey common

*

Chesapeake & Ohio
Chrysler Corp

Dec

1

19%

Pacific

Dec

46c

"59%

5

Drug

28%
11

4%

30%

Dec

2%

._

13% Mar

Dec

59%

}

10 % May

Jan

46c

9%

13c

--,-£-1

&

Kinsel

-30

Sep

13%

20

9% July

Sep
Mar

24%

2%

•

.2 %

Par

Canadian

100

1,575
14,449

i
9

Jan

-

Ball

13

Steel

Sep

*

Hoover

100

Co

Sep

13%

25

1

Higbie Mfg preferred

Kaiser

32%

33%

&

70

46%

59%

_1

Baldwin-Lima-Hamilton

11%

13%

Ashland

3

28%

260

60%

_

Oil

Dec

111

Mar

155% 156%

155%

Armco Steel

Avco

130

15%

9%

.

Industries..

Dec

71%

Feb

105

46%

25

Oil

36%

■

Dec

30

11%

5

100

American Tobacco Co
Anaconda

11%

10

American

36%

15%

25

1

..

Brewing
Graham Paige

Prophet

Airlines

36%

—20

_—

Goebel

Rickel
American

Feb

7% Oct
42 1 Mar

Nov

Stocks-

American

6% Mar

15%

...

_

Brewing

55

Jun

12%
•

common

7

25

_.

_

_

Chemical

Pfeiffer
Unlisted

B

_

i

w

46%

Apr

29%

_

Printing

4% Aug
18%

10

_

Gerity-Michigan

Mt

Rapid

200

_

Gemmer Manufacturing
General Motors

Hurd

39%

Mar

53

—

.J

7%

7

—

Lansing Stamping
&

Sep

.

37%

i

Procter

Jan

Nov

16

18%

1

Dec

50

6%

*

Kroger'

16

11

11

10

.—

Ins

13

3 %

14%

Jan

17

*

Eagle Plcher

Gibson

60

17

_

common

High

21%

17

*

(Dan)

Crystal

Low

High

94

300
420

-

High

'

21

10

3%

14%

*

Paper

Frankenmuth

21%
--

3%

14%

Detroit Steel Corp

Range for Year 1953

6%

Cincinnati

Cohen

Low

20

Shares

3%

1

Edison

Rights

for Week

of Prices

Low

14%

*

Com

Cigar

Detroit

Sales

Range

Last

Laundry

Range for Year 195:I

High

2

....

__

Corp

DWG

Exchange

Week's

Thursday
Sale Price

Products.

Manufacturing

Chrysler

Cincinnati Stock

Low

1

Metal

Consolidated

American

Shares

May

Burroughs

STOCKS

for Week

of Prices

:

Par

•

American
•

Waldorf

Sales

Range

Sale Price

Jan

36%

Week'*

Last

Apr

—

Co

United Shoe Machinery common...""25
U

13

Exchange

Thursday
STOCKS

11%

50

a92% a94%

10

3

38

88

27%
4%

27%

205

26%

4%

4%

1,281

4%

Oct
Dec

Jan

33%

Jan

8%

Feb

Number 5287

Volume 179

The Commercial and Financial Chronicle

...

(33)

OUT-OF-TOWN MARKETS
RANGE

Thursday

FOR

WEEK

JANUARY

ENDED

\

1

Sales

Week's

Thursday

Week's

Sales

Range

for Week

~

STOCKS

Last

of Prices

Par

Baldwin-Lima
Baltimore
Brandini

Oil

Oil

Bendix

13

(Un)

(Un)

Co

Low

—

—

8%

305

8'A

Sep

11% Mar

Mathleson

18%

350

18%

Dec

29% Mar

McKesson

2.65

2.90

1,800

2.55

Oct

4.50

Menasco

12%

11%

12%

3,489

8%

Feb

11%

11%

11%

779

11%

Dec

8

7%

8

1,225

5%

Jun

60%

a61

33

20c

(Un)

5

.

rar

High

2.70

_

Aviation

Low

High

8%

common

Co

Sale Price

Range for Year 1953

18%

1

a

~

Last

STOCKS

Shares

18%

100

1

Co

Bros

Basin

RR

Petroleum

bankline

Barker

Hamilton

Ohio

&

for Week

Range

Sale Price

Apr

15

i-ctroieum

Mission

Feb

Mississippi

&

River

!

Fuel

Montana-Dakota Utilities

Benguet Cons Mining (Un)
Bethlehem

Bishop

Co_

Diamond

Blue

Chica

Bolsa

Bond

1

1

100

50%

50 Vb

50%

595

44%

11%

11

11%

266

10

2

8%

8%

8*4

317

7%

Sep

9

3%

3%

3%

3,250

3%

Jun

5

Corp

Inc (Un)

1

Broadway-Hale Stores _1
Budd Company
(Un)
Budget Finance Plan common

12%

12%

..10

.

.

9%

9%

3
—

__

Burlington Mills Corp
Jackson Co_

Byron

'

235

1,995

10% all %

a

•

13

9%

1

79

a6

12

al0%

al0%

10

_

<

a6

50c

(Un)

__

Sep

12%

1%

Jan

Sep

57 %

Jan

Dec

13 % Mar

14

Southern

Canada

Oils

Canadian

Oil

Atlantic

Canadian

Pacific

11

Carrier

Co

8'A

(Un)__.

Case

(J I) Co

10%

Oct

16%

17%

Oct

23% Mar

a22

112

21%

Oct

26%

6

Sep

12% Mar

3%

Sep

21 %

Dec

9%

75

a4

i\f

a 4%

675

21%

21%

582

a45% a45%

32

21%

10

Certainteed

Products

Oils

Charter

—

'

Chicago

Milw

St

&

40'A July

33

Cities

14%

314

14%

Dec

22%

19%

965

19

Dec

38 Va

Sep

a

12%

1

—

—

12'A

13

1 %

1,880

a32% a33 %

287

33'A

200

10%

12%

a

a

1%

.

a33 %

(Un)„*

(Uni

'■

10%

10%

—

Columbia

12
1

1,763

79%

791/2

288

6

,

6

%

Dec

1 %

Ohio

40 %

Commercial

a

Dec.

Consol

Gould

Chollar

(Un)
&

93%

Sep

Edison

Consolidated

Engineering

Consolidated

of

Y

N

5

Jan

Sep

12%

Dec

Grocers

16%

Sep

36%

50

34

Apr

a7c

a

_w50c

a7c

300

a41% a41%

60

13%

al2% al2%

•

13

13%

—1%

—

50

36%

1

(Un)

—

Consolidated
Consumers

Vultee

al2%

Cudahv
Curtis

(Un)

1
3

(Un)

Power

Motors

_

_

(Un)

-

—

—

_

—

7%

Feb

—

Curtiss-Wright Corp
Class

A

Deere & Co

Clay

15

red

7c

Lighting
&

American

15c

Jan

Jun

41%

Dec

Pepsi-Cola

Oct

15%

Jan

10

Pfizer

120

14% Aug

16

Mar

45

15%

Sep

22%

36%

Feb

38%

7%

Dec

a5%

a

5%

33

5%

Dec

7% July
8'A Mar

-

7%

7%

200

7 %

7%

400

a25% a25%

50

_

7%

Co

Erie

Railroad

Exeter

Oil

Farmers

5%
7

24%

Sep
Oct

9%

Oct

25%

Flying
Food

Bank

Jan
Dec

Oct
Dec

a20

a20

10

20 %

Jun

22% Mar

55

55

239

al7% al7%

72

54
..

3%

3%

3%

38%

38%

1,775
\

(Un)

8'/a

8%

100

28%

28%

235

25

38%

38%

332

25

.

83%

Sep
July

13

Jan

18% Mar

2.50

July

3.75 May
Dec

36% July
6%

*

Jun

8%

Dec

25% July
34% Jun

29%

Dec

39%

Dec
Jan

12

25%

Jun

27%

26%

200

24%

Jun

27

Jan

33%

34%

1,398

32%

Nov

34%

Dec

8

8%

450

34%
8%

7%

100

114%

114% 114%

20

111

4

a31%

a30% a31%

865

3%

3%

(Un)

a74%

50

al3%

16%

12.50

230
-

90

17

181

al3 al3%

130

35

31%

•

(Un)

1,450

a33% a33 %

33%c

(Un)

9%

a72 % a74%

16%

33%c

3%

9%

1

_*

(Un)

Sep

13% Mar

a—

•

(Un)

38"%

26%

a27% a27 %

30%

31%

395

a54 %

a54 Vb a54'/a

15

a39% a40%

160

a47 %

a46% a47%

95

(Un)

1

a2%

RKO

Theatres

(Un)

Remington

Rand

Dec

27

Oct

Republic

Aviation

13%

Dec

16 Vb

Oct

Republic

Pictures

63

Jan

75%

118%

Sep

Feb

a__

3%

Dec

8%

Sep

6%

Jan

11% Mar
71
July

,

67% Mar

16%

Dec

23%

Jan

II

Jan

15%

Apr

28% July
30 % Sep

42% Feb

49

69% Mar

34%

Sep

Oct

37% Oct

43

Mar

44

60

Mar

7

1,050

4

Mar

178

35

Sep

38

Dec

Rexall Drugs Inc

18%

325

18%

Dec

24%

Jan

Reynolds

9 Vb

630

8%

Dec

16%

Jan

190

91%

Apr

106%

Dec

~

Republic

7% Aug

Steel
Oil

a22% a22%

Rheem

Rice

8%

8%

272

14%

14 */8

285

47%

Dec

Ryan

36%

9%

521

9%

Dec

11%

2%

Oct

3%

4%

Jan

Nov

5

Dec

21% Nov

29

8%

Dec

Jan

14% Mar

14

19%

Jan

26 *A

Sep
20% Sep

Nov

230

16%

Dec

22%

Oil

a355

a355

62y2c Jan

11,700
.

330

5

Sep

1.70

355

St

Apr

Oct

10%

Jan

Servel

34%

Oct

39%

Dec

Signal Oil & Gas

Inc

New

2

a25%

a25% a25%

75

23%

Sep

32%

(Un)

•

a87%

a85% a87%

428

68 Va

Sep

89%

Nov'

General

Foods Corp

(Un)

*

a59% a59'/4

25

52%

Feb

59%

59%

587

54

Sep

69%

Feb

9%

10

1,125

9'

Nov

12

a48 a48%

26

41%

Sep

52% Mar

20%

1,270

16%

Sep

27

a6%

30

5%

Feb

37%

39%

418

19%
a6%

39%

1,027

37%

Mar

6% Apr
47

Dec

July

26

26

255

75c

600

47%

48%

690

al8% al8%

50

a—

15,800

12

Jan

16 % Mar

5

15%

15 */4

Sep

28%

Jan

72 %c Oct

1.50

Jan

23

44% Sep

S3% Jan
a—

—

—

Jan

a39%

150

327/a

Jan

40

Dec

23%

650

23%

Dec

33%

Jan

59

18%

Sep

23

Apr

a20% a20%

75

27%

.an

26

Dec

23%

24%

•
1

a6l %

5

class A

new

a39% a39%
a20% a20%

23%
a20%

1

(Un)___—°

class

5
•

20

24 Vb

a61 % a61 %

910

22

218

57% Sep

"

Jun

61%

Dec

a7%

a7%

120

7

Oct

19%

2

B

24%

20% Sep

20%

4,198

19

Nov

22 Vb

200

22

Dec

25

NOV

918

42

Mar

26% Feb

22

22

14% Mar
Nov

Feb

Co

4% May

19%

1.40

Company

5%

30

Electric

Nov

75c

«.—5

Co

Finance

Sears Roebuck &

1

17% Mar

i

Paper

Seaboard

May

General

2%

1

Stores

Regis

25

Jun

1

Louis San Francisco

20

14%

(Un)__.

Incorporated
Ry
Co (Un)
Schenley Industries (Un)
St

13%

a

Axle

&

a5 y8

13%
a5%

1,050

•

Corp

a37% a38Va

a

51

3%

3

1

Co

Aeronautical

Safeway

Jan

80c

a48%

1

a22% a23 %

t'

Jan

16*8

72 %c

•

Jan

9%

3%

Tob

(R J)

Rockwell

Sep

a23

2.50

—

Spring

Jan

42% July

65

1

50c

Gas

Oil

27

16 Va

1

522

50c

(Un)

&

Ranch

31%

142

35%

35 %

10

50

23%

(Un) class B—10
Manufacturing Co
1

24*/8 July

50

a45% a47 Vb

35%

80c

a4%

23%

5

(Un)
(Un)

a4%

Sep

Oct

37%

50

•

(Un)

(Un)

Inc

25

a2%

1

Corp of America
Raytheon Mfg Co (Un)

100

___1
(Un)

100

a40 %

222

100

Line

Tiger

Apr

1% July

25%

10c

•

Pictures

Co

205

8%

a46%

1

.

Machinery & Chemical

7%

Dec

6%

(Un)

Radio

May

*

Fedders-Quigan Corp

Oct

22%

4

*

RKO

Feb

4

.

(Un)

Merchants

&

18c

Jan

I

(Un)__.

Oil

106% 106%

__3

Co

21c

4%

4%

18%

23c

common

Incorporated

Pure

a83

18%

__1

_

175

Sep
Sep

com

Corp

6%

5

(Un)

Products

Electrical

200

Jun

common

Co

37%

10

Gas

1

18%

10

(Un)

13%

8%

(Un)

Kodak Co

Natural

Paso

6%

1.90

(Un)—

13%

•

Eastman
El

216

1

18%

1

a81%

a24%i a24%

a24%

18%

Lines (Un)

Air

6%

~1
18%

,25

Oil

Richfield

Eastern

30% Mar

Sep'

11% Mar

__10c

A

class

Jan

22%

15%

;

World

Dodge

Pullman

Oct

50

50c

Labs

22%

50

10

Car

(Chas)

Phelps

Feb

15

5

r—

Industries
B)

Jan

60

17
Sep
19% Oct

22 %

a20% a20%
a24 Vb a24%

12

Pennsylvania Railroad

Reserve

de Nemours

1,159

a20%

240

common

Tel

Penney (J C) Co

Dec

17%

6%

(Allen

18% .18%

18%

Jan

24% Mar

a24 Va

1

new

Packard Motor

11

a7%

1

(E I)

Dec

—100

preferred

410

a29%

Douglas Oil Co ol Call!

duPonl

16%

2,026

Pacific Petroleums

21% May
37'A Dec

a

a83

DuMont

265

Jan

2.70

2,100

preferred

Pacific

Jan

a7%

*

Dresser

16%

42%

4%

—

Western

a 29%

—=>

■—

Chemical

Mar'

65

Dec

lo

(Un)

Elec

Tel

al7%

Douglas Aircraft

Dow

1.85

22c

Products—
&

Pacific

17%

1

—

(Un)

900

21%

(Un)

Finance

Pacific

29%

1

(Un)

.265

1.95

16%

1

Apr

a

—1

.

__

(Un)___

Dome Mines Ltd

29%

1.85

%

Co

Gas

35%

'

(Un)

com

54% Sep
29% Dec

29%
1.85

21%

(Un)

RR

Co.

20% Mar

a

1
10

Packing Co. (Un)
Publishing Co (Un)__

28% Mar

1

(Un)

Phillips Petroleum

Continental

Sep

317

•

Aircraft

Edison

5%

94 % Mar

16%

874

12%

Dec

16%

16%

a

—25

Savage-

Consolidated

18

1,640

,_1

Pacific

20% Mar

75

75

12%

12%

3

Solvents.(Un)
Edison

40% Mar,

a55 a55%

,_1

Pacific

Feb

Pan

Commonwealth

Jun

1

Aviation Inc

Oil

Pacific

Dec

Sep

59 Vb

1,177

17%

6

al6%

al7%
•

(Un)

60

__

1

System

Gas

59%

60

.10

_.

Iron

&

35

50c

(Un)

Co

Pacific

Northrop

15% Mar

1

25

25

Fuel

190

Jan

MultiDlier

Clary

Colorado

(Un)

Corp
Oil

Amer

Northern

Feb

19%

Corp

Service

Dec

37

1.75 July

1

RR

4.80%

Chrysler

Nov

16%

lo

& Chemical

Central

North American Co

Jan

14%

:i

com

20%

Dec

42% Aug

19%

(Un)_

Paul

Nov

18% "19%

5

Idria Mining

North

6% Mar

14%

—

Ltd—1

Co

Chesapeake & Ohio Ry Co

Feb

19%

16%

18%

B

(Un)

York

Nordon

Feb

0

4

(Un )

70c

20
150

a55%

Jan

-12%

(Un)_

Corp

3,200

Dec

16%

*

(Un)

New

Oceanic

Celanese

1.40

High

37

1

New

Feb

199

a

a4%

25

(Un)

Corp

4 % Mar

a21% a21%

3

National Theatres

16% Mar

Sep

5% Oct

182

a9 */8

.

2

Ry

Sep

1.25

16%

(Un)

Nash-Kelvinator

Apr

10%

a

a2134

1

_

34%"vApr

2%

2%'

—5

(Un)

National Gypsum (Un)
National Supply (Un)

9% Sep

16% al7*/8

a

5

Packing Co

Apr

543

Low

16%

a21%

Co_.

Diablo

National Distillers

Jan

10%

Sep

Inc

Motorola
Mount

Norris

California

41%

10

Montgomery Ward & Co Inc (Un)

Mar

_

Corp

Oct

34%

Jan

1*

_

1

3

(Un)

_

Oil

Stores

50c

2

Steel-Corp

Oil

38%

52

2%

1.35

*

—5

(Un)___

200

2%

1

-

Light (Un)

Development

41%

a37% a37%

—

:—1

Power

Sep-

Range for Year 1953

High

41%

.-18

Co

Minnesota

Mar

67

55% Aug

Mfg

Shares

Low

5

*

Robbins (Un)

Meremiius

Mar

17
'■ 8%

Chemical
&

of Prices

Garrett Corp

General

Motors

General

1st

Paint

Corp

common

59%

5

common

10

*

:

preferred

55

15%

200

14%

Dec

15*/4

29

232

24%

Sep

29

Southern

Edison

Utilities (Un)

Public

General

Telephone

(Un)

Southern Calif Gas 6%

Dec

Co

(Un)

(B F) Co
Tire

Corp

Great

Lakes

Great

Northern

Greyhound

(Un)

RR

Gulf Mobile & Ohio

33

Mar

7%

Oct

13 Va

Jan

13%

Jun

16%

Jan

*

36%

36%

870

36%

Dec

49% Mar

Sep

47% July
44% Oct

Oil

OH

Hancock
Hilton

A—

Corp__

Honolulu

Hunt

Oil

Foods

.

•

_

*

,

"mi

.

Intercoast

Jade

Oil

627

45'A

Dec

58

Feb

85

12%

Jan

13%

Dec

Standard

Feb

Stanley

19% July
27% Sep

26'%

43 Vb

48

Sep

&

Tel

Corp

4,752

19%

Nov

15%

Jan

19%

Dec

6,250

1.00 Sep

1.75

Jan

a55% a55%

280

1.00

—

all

■

a

10%

all

13%

Nov

54 J/*

Sep

15 Yb

Dec

19 %

3c

3c

3c

10,500

2c

Jan

1.00

Sep

4c
1.45

1.05

%

a27 a27%

175

25 Vb

Sep

33

65

39 yB

Oct

40

Jun

49

50

a547/8 a54%

Jun

57

Laugblin Steel

13%

13%

303

13%

Dec

19%

8*/a

8%

8%

3,875

7%

Nov

12%

a20c

100

Jan

44c

(Un)

19%

1

Corp

Power

&

Light (Un)

1,995

2*/8

Co

Co

:

Twentieth

Union

Dec
Nov

29 V* Mar
59 %

Jan

72%

49% Sep
Nov

69%

Jim

19*%

116

60% Aug

80%

Feb

39

507

37%

59%

United

a2%

a2%

51

2%

Dec

Gas

U

Jan

33 %

11% July

•

20%

20%

415

20%

Dec

27%

20%

20%

1,780

20%

Dec

16

16*/b

1,555

a43

a43

25

15% Sep
35% Jan

i

S

4% Mar

32

32

632

29% Sep

37% Jan

57%

300

50%

Sep

57%

79

Dec

102

Feb

Dec

12

Mar

•

80%

80%

80%

245

a6 Va

a6 %

a6 %

91

al3% al3%

50

*

—

10

a

Film_:

l

27 3A

27%

13%

27 3A

6%
a__

—

8ep

27

13%

Dec

19% Mar

300

23%

Sep

29% Mar

10

5

Jan

a74

,

245

15%

450

13%

Sep

17%

Jan

21 %

870

13%

Jan

21%

Dec

a74 a74%

75

63

July

1,662

37%

Jun

26

IO6V4

Jun

10

38%

Mar

940

21%

Dec

31% Mar

125

35 %

Apr

47%

28%

159

23% July

29 % Mar
31

29*/a

29%

520

24%

•

39%

38%

39%

910

33% Sep

57

57

61

1,358

41

Sep

44

Deo

Mar
Jan

Jan

61

Dec

Dec

1

19

19

200

14%

Feb

19

5

(Un)

Dec

44% Aug

21%

28%

5

74%
113

a46 a47%

21%

10

Oil

Dec

7

15%

39%

38%

21%

Corp

7

Mar

20%

a46%

(Un)

—

20

142

al05% al05% al05%

common—

a—

Dec

7
—

1

(Un)

19% al9%
13%

1
com (Un)

(Un)

Pictures

NOV

57%

(Un)

Steel

Feb

21% Mar

32

5

Consolidated

43

40 3A

57%

(Un)

Co

States

Universal

20%
16 Vb

25

(Un)

Corp

Rubber

United

Universal

1
1

Jan

_7.50

(Un)

Calif

Lines

Feb

Jun

2

Corp

Aircraft

75% Jan
38

10 Vb

Corp

Air

.

47

<Un)_

Oil

of

Sep
Sep

277

Airlines

Co

68
31

32

all

—

United

Jan

a64%

39

81

32

Century-Fox

Oil

a71% a72%

50c

United

5% Mar

a62 *4

Sep

75

al0%

25

Union Pacific RR

Jan

2*/b

400

5

Union Carbide & Carbon

May

29

19

51

al8% al838

-8%

24

Oct

•

Land

Forge

50

2 y8

19*/4 Sep

22%

965

52%

a68 a68%

15

Products Co

Jan

2.50

»♦».«"

County

20

a27% a27%

10

52%
—

(Un)

Inc

Assoc.

TreeSweet

Mar

20c

Sep

_10

Inc

Tri-Continental

Jan

a20c

10c

(Un)

(Un)

Transamerica

Dec

13%

Co

World

Trans

Jan

a34% a34%

1.05

Sep

26(4

(Un)

Corporation (Un)
Corporation common

Oil

&

Tidewater

Oct

a34%

1.05

36%

•

Preferred

Mar

a 27

10c

182
134

a40 a40 %

(Un)

Corp

Webster

Textron

Jan

1,900

(N J)

(Ohio)

Sylvania Electric Prod

Feb

13%

177

40(4

a45% a47%

a28% a28%

25

(Un)

Texas Company (Un)
Texas Gulf Sulphur (Un)

Aug

9%

49

90

13%

a

Co

Oil

Studebaker

Swift

28% Mar

85

1.05

al9*/8

•

(Un)

__;

Motors

:

Oil

Warner

&

Stone

Aug

_33%c

Tel

Standard

35% Mar

19%

20%

20

20

al9%

'

Kaiser

Kro.pp

45%

al3% al3%

Sunray

1

Kern

Aug

207

7%

Co

Kenneco''

1%

3

(Un)

Caiif

of

Co

(Un)

2% Mar

350

<■

_

.(Un)

Oil

60

1

•

(Un)_

Inc

Brands

Standard

2% Mar

2 Va

44%

Kaiser Alum & Chem common

Kansas

Dec

2*/s

44%

25c

Co

Jones &

920

75

—

Harvester
Nickel

International

Oil

1

1

7%

•

(Un)

Corporation

Sperry

Standard

,

International Paper Co
Intex

Mar

90

-

Petroleum

International

Dec

58

a27 a27%

12%

Imperial Development

International

Railwav

35*/2 Mar
78

Sep

97

a22% a23*/4

5

.

Inc

Southern

Oct
Jun

44%

1.00

Car

Pacific

a27 %

——1

1

Corp

Motor

Southern

a23 %

Holly Development
Hudson

21% Mar

28%

25

class

Co

Hotels

Jan

1

(Un>

Corp

17

28% a29 %

39% Mar

100

100

—«

_

(Un)_

Jun

2,950

19%

1

al3%

30

Dec

45»/4
3

250

16

45

65

pfd (Un)

(Un)

32%
7%

Standard Oil (Indiana)

——1

Oil & Chem

Corp

32%

36% Mar

16

Jan

163

2%

Jun

7%

35

175

; 1

22%

60

5

1,117

a53 a54*/8

a

a53%

*

(Un)

Grumman Aircraft. (Un)

Gulf

.*

com

117

a35 a35%

2

Company

44%

a76'/8 a76'4

a29 %

10

Rubber

&.

Graham-Paige

*

^

Goodrich

Goodyear

667

25%

a35%

(Un)

Calif

19%

10

38%.

25%

(Un)

Ltd

31%

Petroleum

Southern

f

44 %

44%

20

Gladding McBean
Glidden

29

5

38%

25
class A pfd—25

-

Southern

General

31%

com—25

Co

preferred

-i—•
_15

30% Sep
31
Sep
33% Jun

Corp

Calif

4.32%

Jan

29

Oil

Socony-Vacuum Oil Co Inc

July

15.%

*

Sinclair

12%

12%

355

11%

Nov

al5% al6%

50

20

\.

Lane-Wells Co

1

Libby, McNeill & Libby (Un)
Lincoln
Lion

Co

19%

>Un)

L„7

87/e

10c

Petroleum

Oil

a

75c

al9% a 19%
8%
8%

-

18%

Sep

23

8%

Jan

67 %c

Dec

10%. Apr
1.00 Feb

70c

75c

3,525

30

30%

740

27%

•

27%

563

19%

12%

1,581

10%

a24*/4 a25%

130

420

30

29% Sep
Lockheed
Loew's

Lorillard
Los

Aircraft

Corp

1

Inc

*

(P) Co

Angeles

(Un)

Investment

10
Co

6

a25*/4

—100

Jan

125
250

6

420

.

24 Vb
420

Apr

Oct
Dec
Jan

38

29%

Mar
Nov

14% Mar

28% July
425

West

Co

Martin

(Glenn

Mascot

Oil
Pot

(Un)
L)

:_1

Co (Un)

Co

''M.motea

1—1
1

see

page 41.




al6% al6%
a

16%

53

al6% al634

40

al.15

50

al.15

16% Jun
12% July
1.20

Oct

1.70

Kentucky

Coal

(Un)

Co

(Un)

Western

Union Telegraph

Westinghouse

Willys

Elec

Overland

Wilson &

Co Inc

Woolworth

(Un)

(Un)

15%

Apr

Sep

20

Sep

Sep

12 % Mar

46% Aug

8%

1,050

8%

a40% a40%

51

41%

Jan

312

40%

Sep

109

12%

Jan

8%

10

a40%

12%

(Un)

Motors (Un)
(Un)

(P W)

4<
1

a50%

a50 a51%

1

al6%

al6% al6%

•

8%

8%

625

8%

8%

10

a42% a42%

1

a21% a21%

60

7% Sep
43%

Dec

51%
16%
10

Dec

Oct

July

46% Mar

Aug

21% Mar
18

Pictures

Western Air Lines

York

Magnavox

Bros

Warner
'

Corporation

Youngstowu Sheet

Feb

Zenda

Gold

Feb

Zenith

Radio Corp

(Un)
& Tube

Mining

Co
(Un)

(Un)

35

•

37%

37%

38

350

10c

7c

7c

8c

21,000

$62%

a64

220

*

a63%

20% July

20% July

35

44%

Feb

13c

Jan

72

Oct

6c

Sep
Aug

69% Jun

33

Chronicle'... Monday, January 4, 1954

The Commercial and Financial

34

(34)

OUT-OF-TOWN MARKETS
RANGE

WEEK ENDED JANUARY

FOR

1

*

Range
of Prices

Sale Price

International

Shares

Last

STOCKS

Steel

Adams

International

Mineral

International

Range for Year 1953

Ball

Roller

Bearing
Equipment

Si
Gas

15%

8%

814
7
7%

__

18%

6%

6"%

7%

__

Shoe

Tel & Tel

Sep

47%

20(4

Dec

500
1,600

Dec

18%

300

6%

200
1,200

Jan

13%

Aug

Dec

325a

Jan

Feb

10% July

;

Tel

San

6%

Dec

8 % July

7(2

350
700

Dec

10% Mar

Monarch

Knapp

3%

600

Sep

25%

350

23(4

Apr

45 %

700

41%

Oct

30% July
59
Jan

La

1,700

Sep

15%

Lamson

38%

11%
38%

11%

100

33%

Sep

39%

Nov

Landis Machine Co—

46%

47%

300

43% Sep
12% Sep

50%

Dec

Libtoy McNeil Si Libby

15%

Feb

Lincoln

161 %

Jan

Lindsay Chemical Co common.

3

Kropp Forge Co

(111)

Co

6%
28%

900
.1,100.

3%

4%

4%

4%

,8%

-

1
1
5

11%

10

Corp

20%

.

i

52

1—

•
Burlington Mills Corp (Un)——
1
Burroughs Corp (Un)
5
Burton-Dixie Corp
;—12.50

1

11%
'10%
' 15%

15

—

Pacific

Canadian

Ctelanese

1

•

Brewing

Centlivre
Central

Illinois

Public

Illinois

Central

2

2

22%
19%

—

—

convertible

$1.32

1

Curtis

Packing

..29

common

Deere

&

Elgin

Feb

900
500
1,100
300
300

18%

600

15%

Sep

21%

17%

Electric
Motors

Motorola

Muter

Glidden Co
Goldblatt

(W

Feb

National

Coid

National Standard Co

Tile

National
New

—

j) Un)

North

Jan

—

& Chemical.—

Jun

Northern

Pacific

20% Mar

Northern

States

Power

Hammond

32%

Sep

41%

59%

Aug

Hein

10

Dec

22

61

Sep

76(4 July

Feb
Jati

11
58%

96%

Dec

Jan

22%

Jun

28%

450

25%

Jan

12%

1,200

Dec

15

Jan

37%

4,500

32%

Jun

37(4

Dec

300
200

32%

Jun

37% Mar

37
36%
7%
5%
5
7%

Sep

12(4

Jan
Oct

37 %

32% /Jun

Dec

11% Mar

7% (Dec

200
1,100
25
500

('2 May

5%

Dec

8

5

Nov

5% July

7

Sep

9%

Feb

200

7%

Jan

30

23% Sep

300

Steel

Inter lake

Feb

38% Mar

23%

24%

1,300

4%

Apr

Jun

18 % Mar

Jan

61

5%

Jan

6%

Dec

8%

Jan

11%

Feb

2

Dec

100

9

550

7

600

10%

11

250

2

3
14

58

56%

37%

37%

33%

.

.

Dec

Jan

4

Aug

15%

Dec

Jan

2,200

5%

Dec

10%

58

200

43%

Sep

59%

37%

100

34% Jun

6%

5%

Nov

33%

34%

200

27%

Jan

36

28%

50

27%

Nov

39%

2%

2%

3%

275

2%

Dec

6%

34

34

—

Dec

Max

4L

28%

_

—

12%

25% Mar

44%

200

16%

59%

6%

~5%

Sep

3,000

15%

—

22%

34

100

Dec

Jan.
Mar

42% Mar

56

55

56

1,300

53%

Sep

65

Apr

29%

29%

30%

1,000

29%

Dec'

42%

Jan

100

7%

Dec

9%

Jan

5%

Dec

8% Mar

7%

5%

5%

7%'

5%

1,250

16

22,000

16

Dec

25%

17%

200

15%

Sep

17%

Jan'

18%

18%

300

17

Oct

19%

Aug

38

.

16%

17%

16

18%
.

38

200

30% Sep

38

Nov

26

Oct

34% Mar

3

;
28%

*.

,

3%

-

-■

3%.

200

1.600-

-

Sep

5%

25%

Jan

1,300

21%

300

15%

Sep

22

17

Jan

17%

18

150

Dec

23%

20

20%

600

19'/a

Jun

23 Va Mar

12

12

50

10%

Oct

12

54%

54%

100

53%

Sep

18

Feb

July

70% July
14% Mar

Jun

43 Va

1

16%

16%

17%

650

15%

Sep

18%

Feb

Ohio

8

38%

38%

100

34%

Jun

39%

Jan

6%

Jan

Co

Edison

Motor

Packard

Pen

Peabody
5%

Coal

prior preferred

conv

Controls

Penn

& Coke—,

Sep

12

Jan

Jun

43%
17%

Pfizer

(Charles)

Petroleum

Phillips
Potter

Pressed
Public

Steel

Car

Co

Co

Co

Pure

Co

of

Service

Oil

Dec

18

Jan

10%

5% Jan

Corp

America

of

Dec

117

«Aug

140

32

Aug

39

Jan

10%

Sep

13

Mar

10

Dec

13%

300

6%

1,000
200
300
1,200
650
500
3,700

87%

58%
31%

44%

44%

59%
33 %
44%

9

12%

Oct

28

500

25%

Aug

30%

23%

24

1,200

21%

Nov

29% Jan

Jan

6%

Sep

,

8%
2%

Dec

4%

Jun

5%

Dec

14

14%

Sep

19%

47

48%

800

41%

Sep

52% Mar

39%

1,100

37%

Dec

49

Richman Bros Co

*

23%

23%

24

3,800

22%

Dec

Rockwell Spring Si Axle

5

18%

18%

100

18%

Dec

55

55

B

—

300

14

Jan

Aug
Feb

38

21%

Nov

Mar

58

14%

Jan

25

25

25

200

21%

Sep

26%

21

20%

21

500

20 Va

Sep

27%

Jan

61

61 %

200

56 %

Apr

62%

Dec

14%

100

13%

Jan

17% Mar

National

Louis

Apr

69%

Feb

Signode

35

Feb

Sinclair

53%

Sep

29

Apr

34%

Jan

45%

5

10
1.40
•

Roebuck & Co

Sears

Serrick

Oct

Apr

*

Electric Co
Industries (Un)

Bchenley

Apr
Dec

2(4

Stockyards

Regis Paper Co

15

Feb
Jan

Dec

91

5

Sep

8%
49

13 %
18%

18%

700
700

Dec

2%

Feb

1
1
•

class B common
Steel Strapping Co

Corp
Oil

Corp

Jan

5

__

14%
16%

16%

16%

400

14%

Oct

18% Mar

31%

31%

32%

2,100

30%

Sep

43 % Mar

35

35%

300

30

Sep

37%

24%

24%

150

22

Oct

27% Mar

16

16%

700

13%

Sep

16%

36%

36%

100

36%

Dec

49% Mar

1,103

5%

Sep

9% Mar

15
24%

5

(U11)

Co

Pacific

Southern

Spiegel

(Un)

Works

Oil

Lathe

Bend

Co

i..—1.—*

(Un)

2

!

Inc

36%

5%

6

of

California

Oil

of

Indiana

12% Mar
18(4

Dec

20 Vb

Sep

3%

Apr

23

Feb

25%

15 y8

Jan

19

Mar

1 %

Sep

400

49%

Jan

300

65%

81

Jan

72%

500

67%

Sep
Sep
Sep

59 %

69

78%

Jan

32

12 %

Jan

14

Dec

14%

Dec

19% Mar

Sunbeam

41%

Sep

50% Mar

Sundstrand

68%

31%

1%

Oct

1%

3% Mar

600

53

71%

...•

25

Feb

68%

1%

Oil

6

Jan

52%

Wflrrftnts

Standard

14(4 July

17%

17%

200

16%

Jan

3%

4%

14.400

3%

Dec

24(4
17%
22 %
8(4
8(4
38
39
2(4
2%
21V2
21 %
100
ipO

100
2,850
400
300
350
1,400
650

18%

Sep

16(4

Dec

9%
17%

10%
18

600
600

40

40%

300

27%

28

200
-

28

37%

Southern

-

28

48%

South

-

Jan

62%

39%

Socony Vacuum

•'

43%

Sep

5
50c
•
10

—

Manufacturing Co
(Un>

Feb

'•

Dec

Sep

42%

23% Mar

10% July

-

37

35%

100

Sep

1

17%

Jun

100

47%

37

Jun

67 %

20% July

8%
38

2%

Dec

17% Aug

"Uandard

15

(Un)

J

N

10

(Ohio)

Oil Co

Standard

Railway Equipment
Corp
Studebaker Corp (Un)

1

Oil Corp

Swift

&

Texas

Co

22

Feb

Texas

23%

Nov

Thor

.

1

.1

38%

8%

Dec

13

200

9%

Sep

10% Feb

Jan
Mar

21

900

20 %

Dec

43%

Feb

34%

34%

100

27

Jun

38

Dec

15%

15%

1,000

14%

Feb

17% NOV

16

16

16%

3,600

15 %

Sep

21% Mar

43 %

43%

44

57 Va

5

15%

1

Co..

Oct

2,200

9%

20%

20%

•

(Un)

1,100

9%

57%

.

i

Corp
Machine Tool

9%

32%

8%
9%

32

1

Container

Stone

25

600

35%

1,400

49%

Sep

Jan

44%

Dec

57%

Jan

Jan

Gulf

11%

Jan

Thor

Dec

41%

Dec

Toledo

5(4 Mar

Sep

28

Dec

102

Jun

Producing
Tool

Edison
Co

38%

38%

100

35

Feb

54

Mar

14

14

14 Va

200

14

Dec

28 %

May

17

17

17%

1.350

12%

12 %

12 %

700

11%

Jun

13% Mar

37

36%

37

500

26 %

Aug

37%

Dec

27%

27%

100

23%

Sep

28 %

Dec

2%

3.600

1%

Dec

10

__

20

—

_

Power

Trane

—

•

Co

5

Co

2

(The)

15%

Sep

19 V2 Mar

Mar

100

(The)

Corp

Dec

Sep

Oil

Standard

Dec

•9%
26

21

5

29%

40%

47%

36%

Jan

8% May

10%

200

40%
—

17%

1,300
100

—

11% May

12 Va

l'/a
13 %

10

Sep

48

1

8(4

8%

200

9%

2(4

900

1,100

1%

38

Mar

8%

14% Mar

Dec

16%

Mar

18

8%

Sep

Mar

22 Va

69

Dec

8%

8%

38

24

Sep

10

13%

9%

__

48%

50

20%

1

17%

D(6c

90o

10%

13%

58% Mar

24'4

27%

54 %

10%

28%

20%

14

'

100

53%

10%

20%

Sep

3%

28%

53%

100

Oct

13%

28%

8%

28

13%

Feb
Jan

8%

600

-^15%

42%
36 %

Jan

Sangamo

105
700
1,200
1,000
300

Ocf

34%

Sep

2% Mar

28%

25 %
16

29%

3%

Jan

25 %•

26% July

13%

Feb

*

15% May

10%

600

32%

2

Jan

600

400

1,200

300

100

2

13%
33%
31

147% Mar

St Louis Public Service A common—12

12

2

13%

33%
30

Oct

131

St

45

18%

200

134

Jan

200
550

__

Jan

134

—

Feb

650

-

Dec

23%

3

28%

__

20%

Dec

4%

46%

6

Feb

16%

4%

46%

5%

17%

2,200

2%

(Un)

Corp (Un)

Theatres

Raytheon
Jun

1,650

2%
87%

50

17%

1
1

10
100
100

5%

20 %

16%

(Un)

Jan

10 %

20%

16%

5

Quaker Oats Co

37

10

20%

*

(Un)

Co

Republic Steel Corp (Un)
Reynolds (R J) Tobacco class

87%

-

10%

10%

*

Remington Rand

2%

-

600

2%

*

:

47 3 4

6%

-

Jan

2,400

~3

23%

Indiana

(Un)

28(4 Jan

8%

Oct

14 %

Jan

10% Aug
24(4 Mar
Jan

36%

Sep

48

26 y4
1

page 41.

Aug

23%

Dec

*

41%

5%

1

15

Oct

2%

1
,.1

21% Sep

9%

10

Jun

17 %

3

3

Co

RKO Pictures Corp

53%
9%

100

Co

12 V8

12.50

100

•

common

300

350

13%

Co

RKO

12

1

29% Mar

13%

33%

(The)

Co

Jan

53%

25

11% Mar

Oct

18%!

1

Co

&

Dec

108

12

3

Eartlett

Sep

25%

Jan

53%

1

Dec

8%

300

13%

33%c

Pepsi-Cola Co (Un)
Phelps Dodge Corp <Ui}»
Philco Corp
(Un)
1

127
35% 35%
11% 11%

10

3%

300

10

——.

127

—

6,500

9%
27%

50
100

class A—

Inc

RR
Peoples Gas Light

100

5%

•

.

18

5
25

cOmmon

Co

3%

9%

9%

0

,

46%

__

1

Feb

2

Co

22%

59%

>

2,300

26%

3%

3%
27%

B

class

—

•

Airways

(Unt.

Pictures

500

„

V

54%

(Un)—1
1

(Un)

Car

World

American

Pan

-

107%

5%

-

.

Dec

19%

20

21%

-

18% Dec

v

18%

;'

19

29 %

...3-

Feb

Jun

46%

1

Co




Sep

2% Jan

37%

Jun

10

_l

see

29

300

12

10

5

Co

footnotes

1,300

3%

300

Dec

111

For

30%

11% Mar

•

Printing.;

Steamship

29%

14

Transamerica
Trav-ler

Inland

Apr-j,

41%

8 (4

15

Products

92%

13%

91%

46(4

Steel

Sep

40%

1,600

9

14%

Corporation

Indiana

66

13%

Pullman! Company

9

45 %

Brick

100

14

100
(Minn)

Pennsylvania

25

46 %

Werner Corp..

Illinois

89

29% Mar

25

Huttig Sash & Door
5%
preferred

Apr

89

40%

Paramount

300

14%

Spencer

Feb

63%--Feb

28%

13%

Harnischfeger Corp
;
(G) Brewing Co

Hupp

8

4,900

9

Mar

27

16

Heileman

Hibbard

Aug

20

•

22 %

2

Organ

18%

16

10

Corp

16 %

3

Ft

Dec

Nov

25

com__5

Sunray
(W

10

16%

Oak Manufacturing Co

29

Dec

26

300

<=

Hallicrafters

Nov

Jun
Jan

Feb

2%

—10

Ry

Jun

1,400

(Un)___
Brewery

Western

Gulf Oil Corp
Hall

7%

8%
14%

e

Illinois

77%

Cooperage class A

Grlesedieck

5% Mar

200
200

20%

11

1

North American Car Corp

•

Rubber Co

Greyhound Corp

700

59

——1

(Un)

Aviation

American

Jan

2%

95%* Jan

5

•

Great Lakes Towing common
Bros

7%
10

15%

10%

16 %

——V

Central RR

York

69% July

35%
11%

15

•

.

Greif

4% Mar

Dec

10

'

Mfg

&

Standard

I

5%

Sep

Aug

"51

22%

127

1

Graham-Paige Motors (Un)
Gray Drug Stores
Great Lakes Dredge & Dock
Great Lakes Oil

Nov

2%

16%

—

5

(Un)

Co

Lead

Parker

106

__

•

(Un)

Co

2%

100

8%

24%

Gas
1
Products———5-

Patterson-Sargent

8%

22%

8

H»

Kelvinator Corp

Nash

Dec

1

Bros

Gossard

Feb
Feb

1,900

3

3%

2.50
50c

Company

Nov

7%

107

5

5

Co

&

Sep

3

30

3

12

8%

5

(Un)

Goodyear Tire

Co

&

33%

Dec

33%

10

Refrigerator Co
(The)

Apr

80%

89/

*
•

.

Northern

800

5

Telephone

Jan

21%

100

0

Piston Ring Co

3% May
23% Dec

500

6
20

Gillette

Inc

Muskegon

Nov

10%

Corp

Gibson

43

25

North American Co (Un)

38%

General Package Corp
General

Ward

Montgomery

26% Aug

37%

5

Phonograph (Uni

Co

Dec

Sep

61

1

$3.50 preference

Dec

10%

1

Inc

General

45%
17%

200

16%

*

Dec

38%

10

Corp

General

100

500

10

%
2

45%
20 %

62%

*

Co

18%

10%

—

(Un)

ur-Wheel Drive A*uto
Rmr Mills of America Inc

Box

Jan

1
10

—

Chemical Co common

Monroe

St

General

Jan

24**

16%

4
1

Cement

Cylinder

Jan

Oct

Gamble-Skogmo

10%

18%

8%

*

Co

Mfg

125

9

•

&

Sep
Sep

7%

18%

1

(Un)

common

Distillers

17%

11(4

300

Portland

Missouri

Modine

Radio

Watch—r___

Radio

Emerson

9%
19 Va

x2%

7%

•

Mississippi River Fuel

National

17

10

Corp

National

Jan

45%

-—1

Mining Si Mfg—

Minnesota

National

17% May

—

Controller & Mfg

Electric

20%

■

Dec

8%

4u Pont (E I) de Nemours (Un)

Paper

Dec

9%

Inc

Brewing

Minneapolis
>

Oct

24 %

10c

Co

13%

15%

Products...

Inc

Jan

3%

15% Jan

10%

Hart

&

16% Mar

Dec

13% Sep

5

■astern Air Lines Inc

1,000

3

•

prior preferred

117(4 Mar

5

>

"A"

Kodak

1,800
900
600
*• 100--"

Food

11
8,400

7%

10
(Un

Nav

Pu Mont Laboratories Inc (AlanB)

Eddy

__

2.50
1

—

(Un)

Dodge Manufacturing Corp

Eastman

—

1

Dow Chemical Co
Class

55% Mar

July

12%

10

Cleveland

Sep

2

10%

36%
37
36%
7%
5%
5

37

25

Company
&

13%

May

27

37%

preferred——25

Lighting Inc

Detroit

14% Aug
21

28%

'

(UnI—12%

Co

Curtiss-Wright Corp

Jun

Apr

17% 18%

—

Continental Motors Corp

Cudahy

Feb

19%

7
1
*

u~l\

Co

Brick

600

76%

—

preferred

convertible

40%

9%

Cement——

11%

11%

18J

——_5

—

Columbia Gas System
Commonwealth Edison
$1.40

Jan

L)

118% 125
58% 60%

—

1

—

—

60

10%
62%

62%

10

Co

Cleveland Cliff's Iron common

Inc.

Jan

Jun

19

46(4

700
200
1,100
100

10%

--26

—i

Inc

1%

6%

Dec

Sep

il%

100
1,300

33%

11%

Co

Feb

17%

'
-

33
60
10

118%
59%

Foods

66%

Dec

2%

100

12.50

Coleman

51% Aug
2% Mar

Sep

%

27%

pfd

8outh Bend RR

Clinton

11% Mar

15%

26

Chicago Towel Co $7 convertible pfd._*
Service

Dec
Jan

53 %

-

Feb

Portland

$1

Jan

8%

(Glenn

Miller

Nov

5%

1% Mar.

27%

,

Chicago Milw St Paul & Pac com
•
Chicago Rock Island & Pac Ry Co—0
Chicago, South Shore &

Cities

30

Dec

45

33%

*

25

Chicago Corp. $3 convertible

Dec

15%

—

Mfg class B

Metropolitan

Feb

Corp—

preference

Corp

2
23 %
19%

38 %

Northwest Bancorporation

Chesapeake & Ohio (Un)

Chrysler

21%
12
19 %

21%
%
18%

19%

10

Service

Secur

convertible

$1.50

11%
10%
15%
17%
11%

10%
15%
17%
11%

—

50c
5

Corp

West Corp

81 South

Central

;

21%

Biscuit

America

of

Corp

2%

11

—

4——25

(Un)

Carr-Consolidated

*52

2

11%

Brothers

100

52

'

2%

20c

Works

20%

,

9%

8'4

2,700
4,000
100
800

20%

Oct

4(4

%
1
2%
3%
rl9.%rl9%
11% 12

3
—

Sep

200

62%

5

common

Co

Mlckelberry's

Jan

6,000

250

.

28(4

Sep

20%

48

Dec

3%

1,100
50
100

'•

IS

(Un)—lp

Mining

22

5%

Co

Martin

18% Mar

.L200

1%

8%

48

•

Dec

Sep

1%

8%

.

1%

5

—

Company

Butler

Printing

Medusa

12% Mar

11%

26'4

20%

13

Corp.—

Gear

Foote

5%
27%

4%

(E Ji

Brach & Sons

11%
22%

9

28

38%

13%

13%

29

38%

4

Co

Marshall Field & Co.—

Jan

8%

Jan

28%

29

38%

10
—25

(Un)

Co

Sessions

&

Oil

Lion

Feb

43 '4

Sep

29
33%

j.j'-

Corp.;

W)

45%

Sep

8%

4

Co

Fisheries

Dec

31%

6%
28

50c

(George

29

1,000
2,900
5,900
500

11%
22%

—3
(Un)

380

2,000

11%
22%

3

Inc

10%

33

700

Apr

29%

1
•

Berghoff Brewing Corp
Manufacturing Co

Budd

77% July
20%

9 % Mar

33%

29%

—

Corp

Aviation

10%

10%

33%
8%

Btnks

Brad

Dec

1
10

Benguet Consolidated

Borg

59 %

5

preferred

2nd

Baldwin-Lima-Hamilton

Booth

300

10

Corp
Refining Co

Bastian-Blessing
Bendix

60%

-50

(On;

common

Products

Bearings

Jun

59%

5

Copper Mining
(Un)

Mfg

152%

University...

Extension

Salle

Lonergan

Automatic Washer Co

Avco

1,500
2,500

13%

25

convertible

Atlantic

13%

155% 156%

13%
156

Jan

Development—

Ashland Oil & Refining common

Athey

__

•

Armco Steel Com

$1.50

11%

11%

100

common

Armour Si

x2%

Co

3%

(Un)

Co

Si Tel

Tobacco

Anaconda

45%

44%

.12.50

Rad & Stand

American

A

50
—1
•

preferred—.

convertible

5%

Kelley Island Lime Si Transport
Kennecott Copper Corp (Un)

25%

10*

American

Class

2,000

45%

__

1

Can Co.—

Amurex Oil

500

20%

25%

(Un)

American Cyanamid Co

American

10%

19%

Jan

Sep

24%

1,400

Chemical—

&

Aluminum

Kaiser

Laclede Gas

American

10%

19%

Steel (Un)

Jones Si Laughlin

•

Mig

Airlines

American

10%

10

27

26% Jan

15%

Co

Power

Interstate

39%

&

Co

27%

5% Mar

1

—

Laboratories

Chalmers

High

Low

27%

•
Chemical—5
*
(Un)
•
3.50

•

Alleghany Corp (Un>
Allied
Aliis

15%
18%

15%
18%

5
5
1

Castings—

45%
20%

20%

High

Low

High

45

20 %

•
1

Mfg Co

Aluminum

Affiliated

45

10

Corp

Advanced

Aetna

5

««.

Co

(J D)

Admiral

Range for Year 1953

High

1
—33 (4c

Harvester

International
Low

Par

Aome

Shares

Low

Par

Sales
for Week

Week's

Thursday

Laboratories

for Week

compilation of tha round-lot transactions only

A

Abbott

Range
of Prices

Last
Sale Price

..

Sales

Week's

Thursday
STOCKS

Midwest Stock Exchange

Jun

32% Mar

Tri

20th

Corp

Radio

Continental

Truax-Traer

La

1

Corp

1

Corp (Un)

Coal

Century-Fox

208 So

2

Salle St

_1

common

1

Film
Corp

_

_

_

~2

...

— —

—

1%

15%.

200

13 %

Sep

15%

100

15%

Dec

20%

21

800

14% Oct

59

59%

450

55

15%

——

'

—

59%

.15%

Jan

3 V8

Jan

17% Jan
2OV2 Jan
21

Dec,
60% May

1

-

I

Number 5287

Volume 179

The Commercial and Financial Chronicle

...

35

(35)

J

OUT-OF-TOWN MARKETS
RANGE

*

STOCKS

Last

Carbide

Union

Oil

United

U

S

Carbon

Lines

Air

United

&

Rubber

Co

74%

Corp

San Francisco Stock
Thursday

High

74 Va

300

62%

Jun

75%

39

300

37 V*

Jun

21%

700

21%

Dec

32

4%

400

4%

Jun

30 Va

200

23%

39'/a

38%

39%

3,000

8%

8%

8%

Sep
33% Sep

350

Dec

31V*

,

Jan

44 Va

Jan

•

Laboratories

Abbott
Admiral
Air

Dorn

Iron

*

Works

7%

% Mar

12

Sep

24%
16 Va

1

24%

100

22

Nov

29

14

100

13%

Jun

16%

400

12

Feb

16% Aug

American

Dec

American

15 V* Mar

American

&

a

Co_

Wisconsin

_

_

_

Bankshares

Wisconsin

(F W)

8%

8%

200

14%

14%

650

18%

•

Public Service

Wool worth

8%
14%

18%

42%

42%
9%

.

Corp

—10

—10

Co

—

Machine

Co

5

jYoungstown Sheet & Tube

9%

—5

9%

8%

8%

Dec

19% al9%

20

21

Dec

32%

Jan

a23% a23%

85

22%

28%

J»L

3%

Apr
Feb

2

a45%

a23%

2

Oct

1,215

2

Sep

384

42

Sep

58

720

11%

Sep

15% Jan

14%

280

13%

Sep

15%

Dec

a39% a39%

25

32%

Feb

39%

Nov

27

31 Va

Nov

11%

14%

Car

&

12%

Foundry

C.vanamiu cq

a39%

25

(Un)

(Unj

Ltd

a31% a31%

lu

(Un)

46%

200

16%

Jun

19 V*

Dec

American

Radiator

100

42%

Dec

45 %

Aug

American

9%

Oct

14%

121

43

250

13%

Jan

13%,

475

12%

Sep

27

49% May
48% Nov

Jun

14%

Oct

Smelting & Refining—

750

14%

46%

14%

13%

i—20
5

Feb

2

M %

(Un)„1

com

(Un)

Co

-

a44% a45%

1

Jun

Jan

37%

38

500

34%

Sep

47 Va

63%

200

63%

Dec

80

American

Jah

63%

■

44%

a

10

(Un)

13

Common

Yates-American

Sep

19%

Mining Co

Thtres

Para

Can

American

Wilson

40%

a

20

Factors

Lroad

Amer

\

High

50

14% Mar

16%

_

(Un)

Jan

24%

a

common

Low

a44% a44%

•

Inc

14

,...10

Wieboldt Stores Inc

Willys-Overland Motors

Range for Year 1053

High

44%

tuuj

Mfg

Airlines

Low
a

1

,

common

Gold

Juneau

Allis-Chalmers
American

Walgreen Co

Co

Shares

5

Corporation

Keuuction

for Week

of Prices

Par

Mar

5% Mar

Sales

Range

Sale Price

Alaska

Van

v-

Exchange

Week's

Last

STOCKS

44% Aug

29 Va

30 Va

•

V

1

*

4%

„

5

(Un)

I

Low

21%

'

JANUARY

Range for Year 1953

High

73%

21%

.10

(Un). —1

(Del)

Shares

39

---25

Inc

Corporation

U S Steel

•

California

oi

for Week

Low

ENDED

Sales

Range

of Prices

:

Sale Price
Par

Union

Week's

Thursday

>

-

'

.

WEEK

FOR

Jan

(On)

8 8

&

•

(Unj
Tel

Tel

&

28%

.—100

Co.—

28%

492

155?A

''156

1,370

59% 61%

155%

867

15%

Feb

43%

Jun 1

152%

Nov

15%

Jan

160% Mar

.

American Tobacco Co

—25

Anaconua

Copper Mining

The

since Jan.

range

1

Washington Stock Exch.
STOCKS

Last

Sale Price

Stores

Co

American

Tel &

Atlas

Tel

6

156%

•

Arundel Corporation
Atlantic City Elec Co

20

—10

Shares

45 V*

174

155% 156%

1,968

20%

195

17%

30 Va

30%

53

25%

47%

Dec

Benguet

161 %

OttU

Bethlehem

Jan

21%

Dec

Feb

30%

Bankers
Budd

Securities

Company

8%

8%

8%

800

8

Sep

1

___i,

4%

4%

5 Va

230

3%

Apr

11%

Chrysler Corp

140

140

50

Corp common..

...

10%

58%

10

23

60 Va

Co

7%

7%

7%

Delaware Power & Light common. -13%

27%

27%

27%

755

Duquesne Light Co

28%

28

28%

10%

1,544

Curtis

Publishing

60%

58%

2,868
,

5%

1,162

Storage

*

Battery

Garfinckel
Geneial
Gimbel

Budd

Dec

140

8%

Sep

23% July

27%

25 Va

317/a

Sep

Co

24%

1,138

23%

Apr

77%

Jun

Co

18%

150

18%

Oct

"19

59%

1,496

53%

Sep

70

(The) Co

13%

520

12%

Sep

Lehigh

Coal

Martin

<te

Navigation

200

2%

Dec

(Glenn Lj

8%

.

Hill

.1

22%

1,473

21%

Dec

24%

Corp
Pennsylvania Power &
Pennsylvania RR

Pennsylvania

Philadelphia

Mfg

(J

I)

Electric

Sullivan

&

(Un)

Feb

a2%

8

8%

740

7Va

Oct

11%

Jan

a2 %

50

Oct

3% May

al8% al9 %

177

20%

Oct

30 V* Mar

a61 % a61 %

21

51%

Sep

67% Mar

100

1

a49% a50%

160

45%

11%

1,315

2.00

2.10

5,521

47%

47%

200

16%

227

12%

Sep

11%
2.00

Sep

Participating

12%

12%

11%

498

&

a

1,760

Dec

8,605

16%

Dec

23%

Jan

Columbia

690

40 V*

Jun

52%

Jan

30%

36

Jun

31%

32%

1,970

28 Va

Sep

33

24%

151

20%

Jun

25

Mar

Public

Service

$1.40

div

El

&

Gas

preference

common.

7%

Jan

Nov

36 V*
18

Nov

Crocker

Jun

27%

Jan

Crown

3%

Sep,

5%

6%

7,301

5%

Sep

27%

28%

1,983

26%

,

16%

17

1,889

16%

25%

25%

25%

1,296

24 Va

.

Continental

25%

25 V*

25 %

320

24%

Jun

27%

26%

26%

26%

440

26 V*

Oct

33%

100

I,725

4

Scott
Sun

Paper Co

Oil

United

_

_

_

*

Co

....

_

Corp

69

70%

447

54'/*

Jan

70%

United Gas Improvement

69 V*

70%

424

68%

Nov

82%

Jan

Washington

Gas

Westmoreland
Woodward

&

Light

•

common

Coal

—20

Lothrop common.

-10

_

—

4%

175

4%

Jun

6

Di

5s

series

33%

33%

224

30 %

Jun

38

Feb

—

31%

777

30%

Oct

31%

11%

557

lOVa

Dec

23

Jan

26%

26%

140

26%

Oct

27%

76

Dec

73'/a
83%

Mar

58

$4,500

67'/a

2,500

Week's

220
80

60 Va

60

60%

1,643

a78%

a76% a78%

Oct

85

Jan

El

iD

L)

Columbia

Duquesne
Duquesne

of Prices

Low

Shares

Range for Year 11)53
Low

High

'

High

27%

27'/a

28%

275

25%

Sep

38%

17%

17

17%

36

15%

Sep

Walker

Harbison

Natco

Jan

9'A

50

8%

Jan

9%

Apr

$2.50

convertible

Plate

Pittsburgh Screw

12%

Dec

15%

Jan

4%

6

5%

6

2,317

28%

28'A

28%

22%

22%

5

8

Dec

Mar

25% Sep

75

30%

20%

128

22%
24%

—

24%

24%
23%

—

7%

7%

400

Dec

Rockwell
San

Toy

Soring &
Mining

Axel

States

&

Glass

Foundry

42V2

Dec

Sep
Feb

20

Feb

40V4

48% May

67

Mar

42

Dec

252

551/2
35'/8

Jun

33

Sep

11% Mar

12

50

Oct

56%

Jan
Oct

31

68

Mar

72%

66

74

July

80

Sep

35 %
a21% a22%

1,303

26%

Jun

35%

Dec

54

22%

Sep

31%

Feb

7%
a7%

7%
a7%

100

6%

Aug

8%

Apr

7

Oct

9 '/a Mar

14%

14%

100

34%

35%

7%
a7%

'

57

1,505

1.85

Dec

37 V*

38

830

29

Apr

38

37%

37%

260

34%

Jun

8%

9%

1,324

8%

Dec

42%
17%

a22% ''a 22%

30

8%

1

a22%

85

5

5%

1,350

9%

110

9%

Dec

a35% a35%

35

31%

Sep

37

41

937

37%

Sep

46 %

40 %

41

\a

a,Trt

50

Va

Dec

20

250

19%

Dec

a

3%
38%

3%

3%

700

38%

39 %

550

(Un)

•

86%

86%

86%

Corp common

5

—

•

10

*

15 %

•

(Un»__

5

—

,

426
634

58 % 58%
10
10
15% 15%
a29% a29%
a46% a46%

2,000

7%

4% Aug

19%

—

3%
34

67%
54 Va
9

Dec
Oct

Nov

Nov
Dec

May
Dec

J«h
J an

27% Jab
47% Dec

22% Aug
41% Jun

9%

5

10

Utilities

2.85

a45% a47V*

10

preferred

66

1.90

20

Co

19%

Apr

1.85

5

Corp

20

Feb

10

1.85
38

•

Chem

Dec

14

56 Va

4

66

a

4
3

&

14%

13% al3%
66

10c

——t

~7 V»

175

77

76%

14%

Co

a__

»

__

•

Jan

15

Jun

60

a54% a54%
7%
7%
a51% a51%
a73% a73%

al3%

Corp

Slate

6%

8% Mar

Jan

Great

North

•

111/2

lft

2$
7%
43

Jab

Jan
Mar

Jan
Jan

Mat
Jan
Jab

89%

Dec

Sep

69%

Feb

Sep

12%

Apr

Feb

13'/a

Sep

17%

Apr

50

24

Jun

28 Va

Dec

30

36

Feb

47

Dec

Dec

8

Apr

80

100

26%

Oct

32 Va

Jan

54

37

6c

44%

6%

Dec

80

18%

Dec

5c

Sep

58% Mar

Sep

41

2,500

5

:

1

11%
5

11%
5

12
5'A

273
300

Ry

non-cuin

_10
„^
(Un)__•

—
—

pfd

Holly

6%

23%

24%

2,530

78% 78%
a53% a53%
.1
1%
a45% a46%
13% 13%

30

55

6%
15 Va

Jun

26

Dec

83

Oct

4|% Sep

54%

Jan

2%

Feb

66

Jun

440

1

Dec

257

48

Sep

58% Mar

215

12 Va

Jan

14

2,901

19%

Nov

28% Mar

21%
„

Nov

Idaho

10c

Jan

International

<Un>

_

Feb

International

4%

Sep

6%

Jan

International

Co

Oil

V?

a33 Va

&

100

1.00

Sep

3 Va

200

3%

Dec

5% May

a33 Va a33 Va

20

34

Dec

39'/4 Aug
56'/4 Aug

3

(Un).

(Un)—1

Co

,

com

(Un)
..

11 Va

Dec

14% Aug

100

15%

Jan

19%
1.70

Dec
Jan

47 %

Oct

53

9%

Sep

16% Mar

436

13%

Nov

18% Mar

55 V*

185

2.00 Mar

1.15

1.00

1.15

16,600

1.00

Dec

27%

,

27%

27%

915

24%

Sep

33

Jan

45

Mar

a

a56 V*

a 34%

50

37%

Nov

a55 a56 V*

22

48%

Jun

34%

13% Dec

57%

NOV

20 %

Jan

13%

•

33%c

J

14

14

14

•

-7%

(Un)

Tel

.......

1
*

(Un)

4,053

11%

19%

al0% al0%

55 V*

12%

_

Canada

Paper
Tel

Co

1.00

3

--#%

Harvester

Nickel

16 %

20%

—

•

Co

Car

Dec

19%
11%
19%

20

11%

—1

i. 12

Inc

Maryland Mines Corp

Dec

Intex

Co

Corp

Motor

Foods

.

.

(Unl

Oil

Honolulu
Hudson

Feb

Hunt

Co

■

1.00

1

•

.1

Mining

9%

—

5

Ltd

Co

Corp

Development

Homestake

a46%

3

Pineapple

Hotels

11%
"

—

100

6%

24%

Corp

Holly Oil Co

26%

19'A

—

_•

common

Hancock Oil Co class A

26%

5c

__

__

100

Ltd

Hilton

53%

18%

__

Co

Jan

Jun

6^8

common

preferred

Jan

2 Va

6%

1
1

(The)

Company

31

Sep

6%

Co

vtc

Jan

15 Va

7

59

*

(Un).
(Un)

Gas

32%

50

58%

—

1

Inc

29

1%

53%

5

com

350

-

a41% a41%

58%

5

common—

Jun

3,320

__

10c

Engineering

United

941/2 Mar

Jan

(Un)—25

Goodyear Tire & Rubber (Un)
Graham-Paige Corp com
(Unl

Inter'l

United

Oct

Nov

—*

Sep

l'/a

«■

Corp.,

Jan

71%

24% Mar

Jun

1%

__

10

Bolt

95

21%

1 ' '

(Un)

23

30

25

preferred

&

Dec

37

com—____5

A

22%

103

23%

2.50

Glass

Jan

GO

Jun

a73%

Co—

Public

Golden

262

/

Pittsburgh

50%

Dec

25

Brewing Co

12%

*

common

22'A

Nov

25

Petroleums Ltd

Cumulative

Gillette

9'A

5

Pittsburgh Brewing Co

Jan

Dec

Apr

32%

Capwell Co
_•
Ltd ——————~-l

Electric

General

12%

.10

Corp

Feb

10

42%

12V4

a51%

Paint Corp common

9'A

•

Refractories

Jan

17%

1

Motors

123A

8.50

Gas:

Jan

1.35

41%

125

5

Co

Hawaiian

Star

38%

Dec

550

—5

Works

Greyhound

Lone

Dec
Dec

33

22% Mar

5

Gas Co

19
62c

275

—

common

General

*

Light

Equitable

Jan

36%

7%

(Un)

Oil

Machinery

»

Brewing

Jan

36%

15

(Un).

General

♦

System

Jan

63%

al6% al6%

—

Corp

General

for Week

Last

Co

24%

12%

—-1

Co

Products

Plantation

Food

0

Gas

Dec
Oct

136

a 16 %

*

plass A (Un)

Natural

Paso

Goebel
Clark

33%

42 42%
al6%
a47% a47%
12% 12%

42

__

*

(Un)

Kodak

Dorado

Electrical

Sale*

Range

Thursday

Co

398

10

(Un)

Y

Bank

Fields

Lines

Air

Eastern

Pittsburgh Stock Exchange
Sale Price

II,238

a44

Nov

83

Par

550

70c

33'/a

10

preferred

Co

Lab

Federated

Blaw-Knox

19%

33

14%
46

Jan

6% Mar

NOV

al6%

America

Co

Mfg

Chemical
Mont

Du

Ewa

Steel

19
62c

a 43%

__—,—

Oil

Emporium

Ludlum

of

Corp

cumulative

Eureka

Allegheny

515

10

_*

(Unl-i..*

<

Fruit Corp

common

Dow

Dec

10%

73

1975

STOCKS

Del

Corp

Co

Doernbecher

El

A—

275

50

__

•

Steel

Giorgio
$3

Jan

30%

11%

1975

A

N

Refining

Publishing

Eastman

ser

14%

50

Apr

17V4 May
27%

Sep

3%

Feb

5%

Oct

Oct

22 Va

67c

.25

—.

National

Zellerbach

Dominguez
4

3%

Jan

17 Va

22% Mar

13 % Mar

135

19%

18 Va

Dec

Sep
Sep

20%

2,525

.

44

(Un)
(Un)—

lUn)

Co

Curtiss-Wright

BONDS—

Baltimore Transit Co 4s

Oil

First

Crucible

B

4%

13%

%

4%

—

a

11

21Vsi a21%

Dec

_-1

...

Oct

16% Mar

14%

a

8%

13%

264

8

8%

1,650

7%

Nov

12%

19%

19%

192

191/4

Sep

24

Janv

*

Westinghouse
Westinghouse
For

Air

Brake

Electric

footnotea

Corp..

tee

10

22%

22%

22%

571

22%

Dec

29% May

12.50

50%

50

51 "A

694

39%

Sep

51%

Dec

Jones &

Laughlin Steel (Un)

—10

—

May

page 41.




1

10% July

Oct

13%

1,018

A__2%

cl

Gas Co (Un)—

Products

Curtis
—50

57 Va

Sep

17 Va

3%

.25

J J,

Jan

69%

_

Jun

9%

70

14%

14%

class A

Motors

Continental

Feb

70 V*

com

Reading Co

54%

150

22%

v

Oct

200

3%

■

Feb

11%

14%

■.

3.00
48 >/4

11

21%

,

Dec

15%

3%

3%
"

ot

Edison

Jan

Dec

3,318

28'/*

«

103

10

Edison

Chemical Ind

Consol

Aug

4%

6%

4

200

14%

a21%

lUn>__

System

Solvents

Consolidated

6

3%

_

Jan

13% Mar

July

al6% al7%

12%

System

Gas

Commercial

Jan

24

4%

__10

Jan

2.00
37

15'A

2

Iron

Broadcast

17%

3

Corp

Potomac Electric Power common

1%
57 V*

Dec

11%

2b

(Uuj

Co

&

Fuel

Corn

Philco

9%

9%

22 %
4%

(Un)

Chemical

42

20

20

60% a60%

al0% al0%

9%

5

(Un)

Co

Consol Natural

preferred

Sep

Sep

10

5

Rv

Colorado

35%

•

10%

18 V* Mar

14% Mar

40%

_

_

1

1

a50%

Co

Cities Service Co

Co—

_

3

-

11% Mar

—

-

25

16%

_

22c

a61%

,

?

35

32 V*

Mar

30

Nov

1

41%

—

29% Aug

8%

5
10

Chesapeake & Ohio Ry

16%

•

107

150

*

35%

•

30% Aug

8%

—1

Commonwealth

common

Sep

8%

.10

10

$1 div preference common
Philadelphia Transportation
Common
L

27 Va

8%

*
2%

__

Cement

__50

_

180

Jan

10

Inc

Sugar

Columbia

Light com.
__

_

Salt

12%

12V4 Mar

8%

15

:

.

Stores

Oct

15%

--

___1

Sep

1.10

1
5

Paciiic

Clorox

Pennroad

Sep

8%

Dec

Dec

3

.

22

10

-

31 Va

15

.v

Dec

Atlantic Oil Co Ltd

Case

16% Mar

-15

common

Jab

:

1,000

.

4%

100

Hecht

Apt

43 V*

33 %

1,075

Feb

12%

3

19%

9,662

Oct

57%

2%

Dec

30c

(Un)
<Un|

Dec

59%

—

15%

4%

cap

Canadian

.

108%

12%

common.. —1

A

Dec

200

22c

California Packing Corp

Nov

___5

class

44 V4

a8%

PI

(Un)

<Un)

Co

Calamba

Dec

37% May

Dec

30

18 >4

Jun

4%

5

Burroughs Corp
Byron Jackson Co

Jan

96

Dec

108% 108%

23%

37

a28% a28%

lc

Company

Bunker

16Va Mar

Dec

—5

pfd __25

conv

Corp

Brothers

Goldenberg

108%

10

_

4%%

(Julius)

Motors

24%

.

Fidelity & Deposit Co

Jan

380

30c

100

Canadian

Electric

44%

a27% a28%

a27%

"

Corp

Broadway-Hale

Dec

Calaveras
10

Dec

4'%

(Un)

Airplane

Borden
6

July

132

848

11%

29

15%

33

2,234

44%

a8%

—2

Steel

Holdings

Boing

•

Common

Jan

25% Mar

:

Blair

Baltimore Transit Co—

Aug

NOV

Nov

HVa Mar

13

—

33 %

(Un)

Bishop Oil Co__

1

Baldwin-Lima-Hamilton

Cons

15%

(Un)

Corp

Mining

Feb

15%

77

60

Dec

Oct

14%

13

(Un)

(Un)

Ohio RR

&

Aviation

Bendix

Jun

37%
152

20

—

Baltimore

High

Low

44%

5

(Un)_

Securities

Baldwin

Range for Year 1953

High

44 %

35%

P2
3

Wedge

Mfg Corp

29%

10

—

Baldwin-Lima-Hamil Corp

for Week

Range

44%

—100

Avco

29

i

5

(Un)

Corp

Atok-Big

Co—:

Sales

of Prices

Low

Par

American

Week's

Refining

29

(Un)—

(111)

&

Atlantic

below for the issues formerly selling on the
simply the transactions since the merger of Oct. 15.
Thursday

Co

Armour

shown
are

(Un)

Corp

175

5

(Un)

59 %

595

15%

•

Corn

steel

Armco

Philadelphia-Baltimore Stock Exchange

Oil

35%

15%

25

;

Anglo Calif Natl Bank
Fuel

35%

20

Co

Woolen

Arkansas

61%

50

(Un)
(Un)

Corp

American

15 Va

10

Viscose

American

3

■rf.

36

The
Commercial and Financial

(36)

,yadnoM..or4,C1954
January h

OUT-OF-TOWN MARKETS
RANGE

Week's

Thursday

San Francisco Stock Exch. (Cont.)

Last

STOCKS
Par

Kaiser

Alum

Chem

&

_1

Corp oom

Preferred

(Un)-

Kennecott Copper Corp

(Un)

Kern County

Libby
Loew's

—8%

Inc

40

41%
2%

Mar

47

Dec

4,565

Dec

18%'

18%

100

65

511

62%

39%

390

38'A

8%

9

500

8%

—

26%

•

12%

1,135

27%

20%

&

Co

Magnavox

(R

H)

Sep
Jan

10%

Apr

Richfield Oil

29%

Riverside

Co

1

Marchant Calculators
Martin

Co

616

10%

Oct

13%

395

21

Dec

25%

Jan

16%

51

16%

Sep

22%

Jan

16%

775

14%

Sep

18

Jan

12% July
15% Jun

(Glenn)

McKesson & Robbins Inc

Mfg
Co

fo

Mindanao
M

J

&

M

&

2,535

4%

130

a37% a37%

■

18% Mar
19%

>

13%'

r2%.

Mines

r2%

36%

15%

Feb

2%

255

17%

Sep

21

68

•24%

Sep

71,150

2c

Sep

6c

39%

10

—

Mining

Mauricio

39%

790

37%

Dec

47%

26%

24%

26%

1,805

23

Sep

29% Mar

87c

81c

89c

8,100

70c

Feb

1.50

Apr

18%
a31%

19%

Feb

Oct

48

47% $

48

1.102

35

33%

35

335

a3

a3

10

8%

9%

2,510

39%
33%

39%

781

32%

Jan

40

33%

375

32

Nov

36% July

100

18

Sep

23% Mar

—

'

8%

5
10
5

33%

P.10

—

5c

__

a20%a20%

„

—15

Gas

19%

18%

a315/8 a31%

Oil

Sinclair

Jan

5

(Un)_.

Foods

Fine

W

Signal Oil &

Dec

2c

•

Mar

Dec

44

Sep

63

Jan

35% Mar

Nov

32%

3% Mar

3

7%

Sep

Jan

5c

-

6c

67,804

a20%a2l%

207

5c

9%

Dec

Apr
Dec

cl A

Co new

12c

Feb

27%

Sep

Jan

69%

69%

130

55%

a61

a61

20

54 %

61%

Dec

a76% a77%

a76%'

5

20%

60

tib

May

76

Dec
Nov

Feb

69%

Jan

Dec

20

19%

21

1,303

19

Nov

22

* 32

31%

32%

745

30%

Sep

41%

Jan

270

Jan

.

27% Mar

2c

(Un)

A

class

Co

Corp

Shell Oil Co

4% Mar

Sep

20

a27 a27%

a27

100

Utilities

26

__

Dec

2c

Co

Mar

100

Schenley Industries common (Un)_1.40
Scott Paper Co—
—
1
Sears Roebuck & Co—-——————

Feb

13%

1,000

20.

"

295

—P.10

_

&

San

Apr

34% July

125

13V<

20

*"

__

51

19%

42% Sep
171/2 Sep

Nov

6 %

Dec

14

260

—#

10

Safeway Stores Inc—
St Joseph Lead (Un)
St Regis Paper Co (Un)

"

13%

Inc..*

Lode

4%

High

402

__

18

Cons, (Un)

Power

170

18%

4%

U-,,_16%e

M

15%

18%

18%

Co..

Montana-Dakota
Montana

15%

_•

-ll—

Utilities

Mother

a

16%

111115

(Un)

_

South

16

'

Meier & Frank Co Inc

Middle

16%

1

Navigation Co (Un)
McBryde Sugar Co (Un)

Merck

a

Low

14

47%

Feb

13%

-

&

—

Matson

Menasco

a20 %

Corp

Cement

Pictures

RKO

Nov

a20% a20%

13%

•

common.

Range for Year 1953

High

14

—•

1,
•
(Un)__25.
:l.
1

Co

Manufacturing

Rheem

Jan

S

Macy

Shares

Feb

59%

Apr

(Un)

for Week

47%
19%
37%

__

1

—

Sales

Range

Low

50o
•

—

Reynolds Tobacco class B

Mar

20

.82

Dec

Corp

& Gas Co

Reserve Oil

5% Mar

17% July

65

39%

—

Steel

Republic

(Un)
(Un)

Rand

Remington

30% May

Oct

65

1

(Un)

22%

89

Week's
of Prices

,

Par

High

'

7

Corp

Low

2%

Last

Sale Price

Range for Year 1953

39%

•

—2~50

Libby

&

Aircraft

2%

1
Thursday

High

a45% a45%

2%

ENDED JANUARY

STOCKS

Shares

a27% a27 %

a 45%

1

Land—.

McNeill

Lockheed

a277/8

50

Kaiser Motors Corp
Kansas Power & Light

of Prices

Low

WEEK

for Week

Ranee

Sale Price

FOR

Sales

17%

Calif Edison

Cumulative

28% Mar

Sep

30

28% July

16

4.48%

Apr

*

*

(Un)

Oil

Socony-Vacuum
Southern

1,745

(Un)__

Corp

—15

a35%

(Un)__•

Co com

4.32%

preferred

convertible

.

25

preferred

;

-

—25

Montgomery Ward & Co (Un)
Nash-Kelvinator Corp (Un)

55%

55%

349

9

16

16

16%

585

National Distillers

Prod

5

18%

18%

18%

834

17 %

Sep

23% Jan

(Un)

20%

20%

137

18%

Oct

22% May

Southern

Co

4.

4%

1,940

7% Mar

Southern

Pacific

Southern

Railway

19%

19%

447

19%

Nov

25%

141

24%

Sep

28%

Feb

Sep

37%

1,010

33%

Jun

39% Mar

a25% a25%

145

22%

Jun

26%

a32% a32%

-.

5

29

Jun

32% Mar

Feb

Jan

a27% a27%

30

38%

38

__

__

Southern Calif Gas Co pfd ser A—..25
Soutnern California Petroleum
.2

National

a35 a35%

38%

Gypsum

Natomas
N

(Un)

RR

4t/4

___♦

Power

__

«

North. American

Aviation

North

Co

American

__

•

(Un)

Mohawk

__

1

-

Company;

Y Central

Niagara

•

(Un)

1

(Un)

__

100

Northrop Aircraft Inc
Oahu

20

Sugar

Occidental

Ohio

Oliver

l

(Un)

United

Filters

class

A

Co

(Un)

Pabco Products Inc common
Pacific Amer Fisheries
Pacific Coast
Pacific

Corp

Pacific
6%

Gas
1st

5%%
5%

1st

1st

4.80%

5%

Electric

&

Oil

Co

14%

11c

7,400

10c

Dec

25c

Feb

Standard

Oil

1.95

Nov

Standard

Oil

pi

38%

539

34%

Jun

3% May
39% Feb

22

51%

Apr

56%

31 %

Jan,

32% May

Sep

23

31%

50

16%

16%

100

2.60

2.60

50

15

1.40

__

—

Lighting

Corp

11%

Jun

16

7%

Oct

12% Mar

833

5% Oct

6% May

a28% a28%

60

Pacifiq

Jun

29%

Dec

Public

Pacific

Oil

Packard Motor Co

Tide

1st

Stendel

4,567

34

Jun

40

30%

Jun

34%

Jan

Transamenca

pfd

31 %

Jan

Trans

50

July

29

Jan

Trl-Continental

26%

26%

800

24%

Jun

27

Pepsi

Co

Cola

27%

27%

200

25

Jun

28

Feb

33

34%

—

30%

147

34%

33%

34%

27%
26

2,596

8%

8

8%

500

Juif^

26 %

26%

Union

Philco Corp

Pig'n

10c

Airways (Un)

50

Pioneer Mill

Co

Pullman

Oil

Inc

Co

Ltd

•

Co

Electric

Union

Oil Co oi California

Sugar

26 %

24

Apr

Dec

United

Sep

119% Mar

United

Air

Jan

3%

3%

640

United

Jan

78%

Jan

67

67%

Sep

10%

150

9%

/Sep

11% May

36%

100

32%

Apr

37%

505

20%

Dec

43 %

Oct
■

•

16

16%

1,975

31%

32%

942

15% Sep
30%

Dec

Sep

21% Mar

39%

Sep

Jan

a57 % a57%

28

49%

Sep

57% Mar

Dec

.11% Mar

a6%

70

6%

20

2 0

250

19%

Oct

27%

27 V4

28

1,717

23%

Sep

29% Mar

13%

13%

205

12%

Sep

19%

1

15%

15%

15%

200

13%

Sep

17%

Jan

•

74

74

74

180

63

Sep

74%

Dec
Dec

21c

•

•

26c
9%

9%

23%
3%
21c

6%

Dec

37,277

8%

435

Jan

54c

Apr

11%

Sep

of

10

Aircraft

23%

27

Mar

Corp of America (Un).
Rayonier Incorp common
!

11

Jan

15

29%

Nov

43

Feb

27%

27%

120

27%

Nov

36 %

Universal

Apr

1,055

Jan

16%

16%

621

3% July

4

400

53%

100

48%

4%

100

3%

a5%

__

4

53%

__

Dec

a5%

20

4%

4%

Apr

Victor

(Un)

7

Jun

5% May

Feb

a40% a40%

150

36

Sep

43%

Jan

a46% a47%

180

44%

Oct

60%

Weill

Co.

5

29%

23%

23%

629

21%

Nov

24%

25

425

22%

SeD

34

City Mines

Sep

23

37%

Jun

100

21 %

Dec

44
Aug
27% May

43%

252

331/2

21%

21%

1,133

21%

21%

-

___1

Oil—

a
a2

a30%

39%

.—♦■
—

Co

10

Co

:

%'

a

9%

57

%

2

May

Sep /

57

230

41%

Feb

8%

Jun

(Un)_

Jan

Dec

9'A

13%

500

"12

60

60

11

58

Sep
Oct/

60

30c

.

9%

12%

L

(Un)

740'

...

Dec

60%

34

44

Sep

919

-

60

—.—100
com

Mar

29%

23%

39%

57.

5

IR)

Nov

32

Dec

Dec5

T

41
160

a 30%

38%

;l

(Un)—.

Pictures

Bros

&

43%

Apr

"

(Un)

5

Consolidated

Preferred

West

Indies

Western

30c

33c

6,080

30c

Nov

GOc

4

2,765

3%

1

Sugar

1

Lines

Air

Western

Inc

(Un)—

Depfr Stores

a31%a31%

22%

Sep

34

3 %

,

163*

Apr
Dec

Mar

5V»

Jivn

Dec

3%

265ir

Jan

Oct

12%

Dec

8%

Sep

14

a

1

17%

<Unh

a

17%

a

8%

8%

8%

50.%

51%

16%

8%

16%,

;

12%

!l

50:

17%

8%

•

25c

18

100

8%

632

-

••

40

Feb

10% Mar

&% Sept

544

.

a8%

a8%

a8%

Jan

Apr

Woolworth

Yellow

Cab

Co

(Un)„

Motors

(F'W-)

(Un)

...

16%

10

1

common

175.

52%

Sep

6

•

.<

6%

12%

Dec

43

5

16%

Dec

Oct

.

,

Oct

47%

Jan

112
600

a42% a43%-<.

Jan

7% Jan

r."

CANADIAN MARKETS
RANGE

WEEK

FOR

ENDED

JANUARY

J

Thursday

Montreal Stock Exchange

STOCKS

Canadian Funds

Thursday
STOCKS

Last

Sale Price
'

'

"

•

Abltlbl Power & Paper
$1.50 preferred

Acadia-Atlantic

Agnew-Surpass

Par

common

Sugar

class

16%
26%

A

•

•

%

Aluminum Co of Can 4%
5%% 2nd ureferred

Shares

High

16%

16%

Range for Year 1953

26%

a8%

26%
17

Low

12%

.2,470

25 %

1,290
135

Pulp

preferred

Anglo Can

Tel

...

Co.

&
.

High
17

26%

Feb

18

Aug

a8%

Feb

9%

Jun

40

44

2,830

30%

Oct

49%

Jan

47%

1,072:

41%

Apr

53%

Jan

Steels

100
pn

pfd:

so

23%
104 %

48%-.

23%

185

104 104%

380

48

48%

585

&39

a39

20

21 %

100
48

Apr
May

24

,

Bathurst
Bell

Dec

49

NOV

49

quotations

on

Orders bandied

on

all

Exchanges

through our Canadian
affiliate which has a
direct

from

private wire

coast to coast.

Bank

American

Oil

Columbia

British

Columbia

Columbia

Bruck

Mills

Class

pfd

Canada

Co., Inc.

Tel: HAnover 2-9250

Dec

27% Aug

12%

Sep

"23% Jan

Dec

15

16

1,685

al7

45

39%

35%

39%

4,079

35%

Sep

40

Jun

7%

6%

7%

13,314

6%

Dec

11%

Jan

16

16

125

•

~21

20%

21%

2,419

100

JL_

'

v

:•
—*

Ltd

*

—

Gold

Dredging

Cement

Canada

Iron

Safeway

Canadian
Canadian

*

$1.75

41.

-O

—

Chemical

J

Apr

:17%

Dec

18%

Oct

207

32 %

Apr

36%

N6v

al2

10

11%

5.00
35 %

200
95

34%

6.50

1,000

5.00

Nov

7.25

10

100 %

Nov

100%

—

88%

x&%

28%
34

91.
28%

*

4

o7'a

19

Nov

Mar

8% Jan

Oct

Dec

Oct

-

40

Mar
Dec

Nov

680

72

Apr

91

1,835

27

Jan

29% Mar

Mar

33

Dec

34

Mar

2234

Feb

34

100

20

20

185

19

100

1101

100%

101

35

98

-«,95

a91

a97

171

70

Apr

82

|S%

49%

50

125

46

Feb

50% Mar

3tl%

21%.

21%

3,605

__

•

common

•

—

Cellulose

*

Jan

102% Aug

21%

Jan

17

Apr

36%

36%

77

34%

Jun

40

Feb

28%

28%

300

24%

Jun

33

Mar

%8Vb

18V8

18%

475

Ik

.

19%

19%

625

17

Oct

20 % Mar

23»/4

24'/2

545

22

Nov

46

30

Nov

343i Aug

Dec

1378

—

?4,%
25

Nov

%

£

*

common

&

4.55

1,000

4.55
35

jv
/

20

series

3,200

5%

35%

6.40

*

A

Celanese

Aug

50

Ltd

Canadian Car & Foundry

Dec

50%

*

—•

common

Canners

-

17%

10

preferred

Breweries

21%

100% 100%

•

Foundries

Bronze

100

al2

—

Canada Steamship common
5%
preferred
Canadian

17% May

Sep
Jan

14

35

100

pfd

common

1st

Jan

16%

5%

5

5%

$1.30 preferred

Canada

#%

*

-•

—

Power Ltd

Jan

46

$.00
Jl5%

25
0

Products

48%

22%

17%

Telephone
A

48%

15% July

-g§%

-

Power—

class

•

"

Teletype: NYl-1979
NEW YORK

83 % Mar

al7

16

*

.20
Canada Foundries Forgings class A.—*
.

30 Broad Street

12%

Feb

23%

50
1,926

Aug'

,

B

Canadian
page




Co

5%

British Columbia Forest Products

Class

see

Note

common

Elec

British

Calgary

W. C. Pitfield &

82%
24%

"x: '

Canadian

For footnotes

Light & Power

American

NOV

all

82%
23%

25

Traction

British

Bulolo

Canadian Stock

Paper class B

Telephone

Building

Canadian securities.

82%

High

11%
80

115

24%

*

&

British

May

48'A- Nov

Low

al2% al2%

__

Range for Year 1953

High

*

...

Ltd

British

,

Est

common

Power

Brazilian

105% July

JL

Low

Shares

i

Nov

46%

8'A

Atlas

Corp

Sales
for Week

of Prices

100

,

___

4%%

Jan

16% Mar

Paper—

$2.80.

Apr

47%

—

Range

.

•

preferred

Asbestos

41%

preferred__25

Anglo. Canadian

of Prices

4%%

25

,

Algoma Steel
Aluminium Ltd

Argus Corp Ltd common

for Week

17

«

Sales

Range
Low

•

23

Shoe

Par

Week's-

Week's

Last
Sale Price

'

31%

31%

31%

200

a7%

a7%

a7V2

225

,

15% Aug

7%

-

1078 Juty

"

Jan

75

Willys-Overland

Jan

75

24%
__

21%

716

21 %

43%

10

( U11)

Westates Petroleum

Jan

__

1

8

39 %

21%-

Oct

a40%-

•

a23

38%

21%

5

Inc

Equipment

Warner

68% Mar

Sep

a46%.

.25

a23

Feb

38%

25

,——12%.,

Jan

20

31%

Corp

Lines

Westinghouse Elec Corn
Radio

common

U S Steel Corp common..——

Feb

30

16%

4%

,

Dec

al3% al3%

__

.

5

:

^

Park

—

20

(Un)

Raytheon Manufacturing

Jan

80%

102

47 % May

7.50

Preferred

Aug

a6%,

(Vfrf^L—

Union

111

31%

P10

(Un)

Pure

__

12%

pfd*(Un)—,

29

59%

Sep

10

Inc..

Union

90

16%

33%c

prior

25%

491/4 Sep

50c

(Un)_v.

Dec

410

9%

3

conv

Dec

9% Mar

608

a20% a20%

20

13% Mar

•

Aug

200

26c

,

1

(Un)

Whistle

47%

72

16 %

7.50

common

Carbon

&

31%

3%

Philippine Long Dist Tel Co
Phillips Petroleum Co_.

Apr

Sep

5% Sep

Jun

36%

a20%

2

Corp

Carbide-

30%

31%

(Un)

Nov

7%

World

114% 114%

__

114"%

4

(Un)i

13%

Jan

30%

—

•

Phelps Dodge Corp (Un)

47

'

a28% a28%

—

a28%

•

Pennsylvania RR Co (Un)

Sep

Apr

10%

.1

Oil

Airlines

com

Corp__r_

Pan American World

49% Mar

71%

72

5

;

Corp

100

common

Dec

Dec

38%

3.103

a68% a68%

Jan

16%

13%

25

.

53

13

36

185

51%

33% Mar

Oct

Nov

1,183

Corp

Oil

7%

13%. Jun

130

5%

a28"% a28%

-5

(Un) :

Associated

U S Rubber

Palmer

38%

46%

5%

52%

1

Incorporated

Water

33%

Ltd

Service

Western

Texas Company
Textron

39%

25

Ptfcific Tel & Tel common

2

46%

1

(Un)—.

(Un)

33

1

new

50

__

(Un)

Corp

38%

25

Petroleums

a 40%

ia 11% all7/#

29% July

Dec

50
820

1

Pacific

Inc

Drug

39

_25

red preferred

Pacific

Sterling

33'%

25
„

preferred

1,953

5%

15

Stanley Warner Corp;

25

preferred

—

1
2

J--

Studebaker

5%

26

36%

a 40%

1

Sunray Oil Gorp (Un )
Sylvania Electrife- ^Frodtrcta

7%

a

36

(Indiana)———-25
N

May

15%

15%

408

Dec

57/8

a

57/8

3,508

16 %

36%

(Uiu

Mar

3 %

Jan

125

-8%

—*

California

of

Co

5,975

Inc

25

common

—

preferred
red

Standard

Feb

7%

•

__10

preferred

Apr

12%

(Un)

Co

Brands

3%

31'%

__

—

8

(Un)

Standard

18%. Mar

a54 a54%

_5

Aggregates

Jan

12% July

32%

7%
16

*

—

.

38%

a54

20

,,

83%

Sep

Co

11c

•

Sugar

Dec

31%
"8%

•

5.

Spalding Inc A G ———
Sperry Com
Spiegel Inc common

23 % Mar

Jun

(Un)

3%

__

Onomea

21%

52%

100

__

•

B

13%

lie

•

16 % July

20

13%

Feb

19%

185

3%

____12

(Un)

54%

Dec

Mar

25%

Dec

4

50

54%

13%

1

__

Co

Co

Class

Corp

Co

Edison
Oil

(Un)

Petroleum

Oceanic Oil

Ohio

Ltd

Co

__

65

Sep

16

310

al7% a!7%

54%

_1

20%

a20a20%

20%

__

(Un)__10

common

Northern Pacific Railway

a27%

55

18%

Dec

Jun

Jan

Jan

•

Number 5287

Volume 179

The Commercial and Financial Chronicle

...

37

(37)

canadian markets
RANGE

Thursday
STOCKS

Last

Canadian

Locomotive

Canadian

Oil

preferred

Thursday
STOCKS

Canadian
Canadian

Ltd

*

20

10

pfd

12 Va

950

Mining

Equipment

&

*

Smelting

•

Consumers

Glass

*

Seagrams

25 %

Dominion

Foundries

Dominion

Glass

Dominion

Steel

&

new

13%

&

Steel

•

com

Coal

*

Dominion Stores Ltd
Dominion

Tar &

36

13%

Dow

Ltd

Brewery

East Kootenay

Electrolux

21%

Feb

25'A

preferred

10%

Oct

Jan

29'/a

Oct

69%

84

Montreal
Nova

10

13

13%

Sep

36

1,480

50

37

Corp

16%
19

5,890

7V»

Sep*

2,565

7

Nov

10%

Canadienne

10

Fraser

Co's

Ltd

Jan

18%

15'A

a4iW

15

Dec

Wz

350

18

13

'r;13

217

11

15%" 15%

620

13% July

9

Aug

100

19%
15%

5rr

Power

•

common

preferred

5% 'r

10o

±.

preferred

General

Oct

Jun

Steel

Gypsum

Lime

pfd

34%

100
15

*3£

101

$2

preferred

Hudson

21V4
20'/a

Jan

33%

Dec

Apr

32

Dec

10

Royal

10

Apr

6

STOCKS

Jan

28 V4

Apr

Pnlp

21% Aug
14% Jan

Belding-Corticelli
Brown

Jan

22%, Mar

Ltd

Company
2nd

Industrial

35%

preferred
preferred

International
lull

Nickel

6%

Bronze

Canadian

Apr

103

Jan

39

Mar

of

Canada

7f/c
preferred
International Paper

23

Canadian

Pipe

Acceptance

class

B

.

_

24 !A

Nov

3b Va Mar

Nov

98

Dec

Apr

47%. Jun

185

18 Vt
R9

Sen
Apr

46'A
131

Jan
Mar

58

Nov

29% Mar

Jun

30%

Dec

27%

Nov

32 %

Jan

18

Sep

29%

Feb

17%

17 V4

150

17

Jan

18'A Aug

29v4

100

28

' 10

138

Nov

%

Jan

11

Bloedel

&

700

8% Mar

13 Va

Ltd

class

B.

Massey-Harris-Ferguson

13 Va

600

7% Mar

100

7%

Mitchell

7%

7%

13%

Dec
Jan

26%

27 Va

Sep

20%

7 Vt

Oct

10%

Jan

24

553

♦

(Robt)

15%

2,090

27%

*

Oct

38

Class

B

May

45

Dec

26%

Jan

44

Montreal

z

Locomotive

45

135

35

23

353

23'

a23

a23
15 V4

Jun

26'A

Feb

13'A

1,410

15%

Dec

24

25

15

.____.

Commercial

Alcohols

Consolidated
Crown

Ltd

National Steel

Ogilvle

Flour

Oct

15%

*

Mills

Powell

River

75

29%

Apr

33

Aug

45

Jan

48

55

48

Nov

52

Jan

26

365

20

Apr

26 Vb

Dec

25%

26 Vb

385

bo

Jun

73

Aug

35%

35 %

160

31%

Sep

40

32%

32

32%

970

27%

Apr

34

Mar

—

13

13

250

12%

Jan

15

July

250

18%

Jan

22

100

13%

Jun

25%

Dec

25

110

Federal

Fleet

Grain

&

Paper common
Royalite Oil Co Ltd

25

*

_

Lawrence

Shawinigan

Corp

Motor

Great

Ltd

Co

Lakes

Horner

$1.40

of

Water

Series

A

4%

Lambert

Series

B

4%%

Moore

Sherwin

Ltd

Utilities

&

l'/e

Sicks'

Breweries

5%

Lt

riimn.sons

Southam
Southern

V8

Trans

Union

United

Thrift
Triad

25

17% Mar

43

Mar

Anacon

50

45

45

45

116

42%

Feb

46

July

Arnora

50

50

105

47 Va

Jan

51

July

Atlas

50
*

25
137

(r.i^_s
'—*

,

50

24

^

12

Sep

July

27

Dec

137

20

127

Mar

140

Aug

Bob jo

24

24

25

20

Feb

25

Aug

Bonville

12%

Feb

21

Jan

15%

475

15%

%

29%

50

32 Va

32%

275

30

30%

820

23

23

*

23%

13%

200
25

27% Jan.
Sep

28

460

,2.65
131

2.60'

-

131

--

12%

12%

Corp ^—_—:

*12%

2.00

125

750

11 »A

Walker Gooderham

Jan

Sep
Feb

Jan

Winnipeg

' Mar

17

Dec

30
34

.Aug
32% July
t.

23 Va

2.00

136

.

Sep
Jan

Nov

15

May

Mines

MONTREAL

TORONTO

CANADIAN

Boreal

Rare

MeUls

Bouscadlllac Gold
Brunswick

Min

*

a85c

a85c

26

19

2.75

24

.

80c

Apr

Jan

34% Dec

26 Va

Sep
Feb

2.25

59

Sep
Apr

68

31

40c

Feb

1.00

26

75

23

Jan

19%

1,080

15

Mar

Feb

Feb

33

•

19

10

10

10

9%

4.30

4.30

300

4.15

3,408

Apr

20%

Sep

10% May

Nov

Sep

5.00

Jan

_*

5%

5%

5%

Dec

11%

11%

200

10%

Jun

11%

Dec

*

15%

15%

1,675

13%

Jan

15% July

35

47%

10

2.80

Jan

*

a54 Va a54%

Jan

56 %

86

Feb

95% July

5

27%

28%

355

24%

Feb

29%

Nov

*

24%

25%

375

23

Oct

26%

Mar/

22

22

675

23

Aug

9%

9%

100

7

July

9%

a57% a57 Va

15

55

Aug

59 Va

—100

Ltd

10
*

90

90

22

9%

—5

12

1

34

12

.

90

5

__,

12

34

9

Nov

18%

Jan

Dec

all

,__20

a

2

May
Dec

34

20

27

May

34

30

9

Mar

12%

50

175'

17%

Apr

10

all

19% al9%
17%

7% Jan

Oct

19% Mar

20

May

17 %

Dec

24

Jan

Collieries

Carnegie

Mines

Jan

129

Dec

STOGR

STOCK

Centremaque

class

21%

Dec

Sep

33 Va

Dec

20%

20

20%

1,100

"16%

NOV*

46 Va

Feb

34

33%

34

450

Feb

34

Dec

*

B
Ltd

a8%

a8 Va

12

11% July

12% Aug

al7

al7

10

15% Mar

17

-1.37 July

3.20

3,200

12c

9c

12c

12,000

3.20

3.50

5,100

*2.25

Apr

8c

9c

6,000

8c

Oct

20c

May

a25c

a25c

100

20c

Dec

90c

Aug

28c

34c

18,300

27c

Nov

84c

Feb

27c

27c

Dec

39c

Jan

3.20

—

34c

Dec

Consolidated

-

Dec

3.30 Nov
51c

May

5.70 July

2.30

______

500

1,500

2.70

27',050

2.10

Dec

5 Vac

2.69

27c

19c 19VaC

19c

Ltd vtc

5 VbC

500

3%c

Jan

22c

500

12 %c

Dec

46c

Apr

10%

Dec

23%

Apr

12%

Corp Ltd

12 %

12%

100

8.00

6.60

8.00

27,000

43c

40c

49c

36,450

7.00

*

7.00

7.00

2Q0

12c

2,000

11c

•
—1

Ltd

8c

8c

500

•4 VaC

1

Ltd

4 Vac

2,000

4%c Jan

4
40c
6.00

Nov

Dec

Sep

1.10

Apr

4.00 Mar

Fao

8.00 Dec
1.50

Feb

9.40 Mar

6%c

Jan

21c

Sep

8c

Dec

19%c

Feb

3%c July

6 Vac Mar

—1

50c

50c

',50c

500

Dec

1.35

!

1

1.25

1.23

1.33

3,200

1.05

Oct

4.40 Mar

Corp Ltd

1

1.36

1.39

600

1.32

Dec

1.75 July

67,050

10c'

Explorers

Gold

Fab

1

Ltd

1

Iron

Jan

100

4c

Nov

10c

Feb

3c

15,700

2c

Dec

6%c Feb

33c

1,500

28c

Dec

36c

22% Mar

Giant
God's

137/s

360

13%

Dec

Ltd_____—_,—__1
Ltd
1

3.50

3.55

900

3.50

Dec

6.70 Jan

1.14

1.11

1.17

4,200

98c

Dec

2.40 Mar

25c

20c

Dec

1.64 May

14%

100

14

Sep

23%

1

Ltd

25c

14 %
51c

51c

1,000

48c

Nov

1.53

1

Ltd

Gold

Mines

2%c

2%c

5,000

2%c

Dec

4.30

4.30

100

4.20

Dec

9.25 Mar

7.50

7.75

Dec

11%

Ltd—*

Mines.Ltd—

Graham-Eousquet Gold Mines Ltd
Gold

'

21c

*

*

(1945)

Gui-Por Uranium

Dec

13%

M:ines

Gold

,

Nov

1

Corp

Yellowknife
Lake

1

17c
a

■3.50

Mines

Mines

38c

5c

a5c

~2c

.

Mines

Falconbridge NickeT Mines Ltd
Fenimore

Jan

2c

11 %c

17c

1

Mines Ltd.

Metals

Metal

Mines

Ltd

Ltd

Sullivan

Eastern

Cadillac

45c

33c

Candeeo Mines Ltd

Explorations

Mines

Ltd

Ltd.._

Central

East

ST. JOHNS, P. Q.

r

8c

12 VaC 12 %C

Ltd-1

Corp

Mines

Montreal

SHERBJtOOKL

Oct

3.40

/jj

\$st,

26

Mar

Fontana

Offices

Feb

26%

118

Ltd

Mining

WEST^MONTREAL

18%

1,050

5

Ltd

Mines

Gold

Cons

JDCC&ANGE

1,350

32%

*

Ltd
Dev & Mining Co Ltd—

EXCHANGE

ST.

10

21%

33

(Dunsmuir) Ltd__*

Gold

EXCHANGE

128

20%

33

Corp

Cobalt

8'A

128

21%

*

A

Ltd

Asbestos

Chimo

Mar

pfd__100

•

cum

class

Smtlt

Chibougamau

6

6%

Ltd

&

Canadian

Cassiar

Gunner




210

Mines Ltd..

Feb

20

Bart

St. Catherine Street

41

1,370

63%

;

Jan

58

STOCK

Branch

page

1.15

63

*

Frobisher Limited

see

1.05

Pipe Line

Mines

Dec

Jan

Telephone

footnotes

1.15

100

Ltd

Gold

BUrnhurst Mines

Dome

For

5

-

*

Ltd.

6.75

Sep

18%

&

savard

TROIS-RIVIERES

a26

Belville Gold Mines Ltd

D'Eldona

QUEBEC

Jan

a26

com

Iron Co

&

Consol

1181

Vi Feb

5

Corp

Cortez

276 ST. JAMES

Dec

25

A

Mining

50%

Jan."

4.25

100

a8%

j

MEMBERS:

Nov

Ltd—

43%

500

—

Central Gas

May

4.20

42%

-

Dec

Corp

16

19%

4.50

.—_

___-.

710

50 Va

& Works

Leaseholds

Feb

4,05

Dec

Sep

10

Breweries

12 % July

50

Wabasso Cotton

Wilsils Ltd

701/4

Oct

3.00

2.50 Mar

25

100

*

Mines

Century, Mining

Western

57

440

2.75

20

;

Oil

Mines

Sulphur

137

32 % •

*
pfd_>___^_—100

Steel

20

26%

common

Co

Corp

Sulphur

19

Oelta

United

1,925

Stocks—

Lead

100

30%

Ltd

200

3.60

1

Canada

Mining

25

:

of

Ameranium

25

——

Tobacco J

Stores

65

3.55

2.75

common

Pr

Canada

Mining

Jun

29

Oils ;

Tnckett

65

26%

,

Pr

Corporations

36%

*

Dec

26%

Ltd

Finance

Gas

1,123

.—*

Apr

11%

*

Ltd

preferred.,

Mountain

40%

Power'

3.75

Jun

Sep-

July

Paving & Materials Ltd—_*

Traders

39%

Co
Canada

Jan

Oct

8%

Mar

27

Ltd

Ltd

Canada

Standard

40

Steel Co of Canada common

5%

2.50

3.50

N C part 2nd pfd_±..50

(Can)

Southern

common.*

.

3%

8

190

Feb

42
159

34 Va

Ltd common.
&

6%

Industries

Dec

ctfs

trust

425

4.50

*

red

Russell

39

100
vot

4.50

a2.00

Sep
Jun

1,233

A

Reitmans

Apr

preferred

4.50
a2.00

allVa all Va

32

146%

2,465

Paper Co_^.*_

Stores

Corp

30%

—

Jan

3

42

Inc

Power

Service

Power

80

com

25 Va

Oct

315

34%

Corp

(Walter M)

Newfoundland
Paul

1,102

Canada

of

Williams

21

37%
al59

34

class A

Corporation

38

preferred

Jan

Nov

55

__•

Oil 4%
pfd:
Minnesota & Ontario Paper Co

al2

.

Jun

36%

3.55

*

Securities

(Alfred)

MacLaren

37%

preferred

45

40%

pfd

class

Co

W)

Intel-provincial

Lowney Co

all%

__

Power**

&

May

41%

Ltd

Can

Paper

(Frank

Hydro-Electric

37%

*

common-—,--

35

18

53%
a__

34%

Worsteds

Foreign Power Sec Corp Ltd
6%
redeemable preferred

Aconic

St

Feb

•

Linoleum

&

Manufacturing

Ford

Western
22

21%

22

*

Rolland

50

Nov

*

Quebec Power

25

Jun

26 Vb

•

49% Nov

Jan

5

Corp

Mar

69%'

69

,

*

Transport

2,580

Feb

48

*

Provincial

Dec

78%

25

26

Power Corp of Canada
Price Bros & Co Ltd common

27%

31

69%

*
1

Company

Sep
Dec

31

9

common

Placer Development-

13

24%

.58%

60 Vi

•

common

11% July

195

58%

59

Jan

16

11

3.60

*

Jan

150

26

26

26

*

47

Jan

11%

11%

5

Ltd.

Tubes

Page-Hersey
Penmans

Chemical pfd__

Car

Mines

Mar

97%. Jan

al59

_*

Paper Corp Ltd

Zellerbacli

Class
National Drug &

,

'

a23% a23 Va
37

common

Quebec Telephone Corp common

Noranda

Feb

12

Sep

Sep

Jan

23

45

0

•

l

McColl-Frontenac
MacMillan

14

Jan

Dec

11

.

Feb

144

10%

10%

33 Vi

Dec

al8 V4 a 18 %

A

7

Oct

85.

24 Va

•

12%

85%

Feb

10

138 V4 138 %

*

Canadian Westinghouse Co Ltd
Claude Neon Gen Advertis class B

29 v4

138 V4

_____100

Ltd

Jan

360

17 V4

52

IIVb July

1,120

29 %

common

preferred

33 %

127

337

29'/a

20v4

20%

52

36 Vb

20%

28%

29%

a75

Jan

a30 % a30 Va

5

Lines L

15

70

Nov

Apr

78'

a52

a

•

$8

18%

a51

*

Dec

78

351

common

Co

15%

18%

120

17

*

Lumber Co

25

_•

49%

16%

100

Marconi

Western

16% al6%

(John)

Woods

Ltd

Woollens

Ltd

49%

Canadian Power & Paper Inv Ltd

Oilcloth

__♦

Co

5

65

Canadian

Dominion

1,934

Jan

2,485

Feb

Dominion

55

9%

87

Feb

July

52 Va

Dec

Apr

8%

May

36% Mar

55;

,

25 Vb

7

al2

12%

Jan

95%

110

High

Oct

685

*

8

58

DCJJ

».o

4,324

Low

21

86

46

39

129

al2

Oct

Jun

34%

7%

Jan

Oct

128

7%

Nov

29%

33 '/a

7%

300

Nov

36%

34 V,

25

87

■'■..

Range for Year 1953

High

*

:

300

a

Low

•

Investments

120

_5

Class

Industries

preferred

39

25

Laurentide

10

Shares

9

Gen

7 Vc

35 V4

International Utilities Corp com
Preferred

T/c

20%

Apr

42'/a

25

■■

for Week

•

Ltd

Canadian

38%

Interprcvincial

the

17

2,145

a98

Sales

,

of Prices

1

& Dock Co Ltd

35%

7.50

common

Petroleum

Limited

a23

35%

Ar;

25

•

Co

39

*

Power

of

Dec

9%

a23

,_100

,

International

Lake

21%

26%

35%

Exchange

Week's

100

Sugar

Co

Arena

Canadian Dredge

35%

common

International

Labatt

14% Mar

-

a97 Va

25

Dec

5

preferred

30

pfd__

Dec

25

Co

com

Dominion

40

,

37

38%

•

common

Malting

Canada

1,825

•

Paper

1st preferred

conv

$3.00

<fc

Development

17 Va

45% Mar

3,335

10 y4

$1.50

Apr
Jan

„

67% Mar

6

6.85

10

$2.00

31%
3l7i

Range

Par

Anglo-Canadian

Nov

36

__

25

2,195

Last

Mar

12%

Sep

25

♦

37
38 Va

Funds

Sale Price

July

100

100

37

38

__

38

Thursday
)

&

2,415

Corp common.

'

Canadian

Canada

45 '/a-.45 Va

27'A

Acceptance

'

Canadian Stock

Oct

37%-J8%

10 V4

Dee

Aug

45%

6.85

Dec

'

27%

111

37%

28 V«

preferred

27

28%

32'A

353

Imperial Oil Ltd
1
;
♦
Imperial Tobacco of Canada commonJ
1
\f'c preferred
!_
___25
$5

Jan

165

99

1,956

20

%

1

23

220

107

*

1
_______

100

32

Feb

50

_.

Mining

Bay

Husky Oil

27

32%

Canadian
20

27-

__

32

54%

130

21

21%

*

43

32%

Jan

ji

1

33-^3$%

*

May

32

101

45

*

Hamilton Bridge
Howard Smith Paper common.^

39

32%

105%

25

2

-a56

lOllOfVa

a56

100

Aiabastine

&

104

34 Va

___5

5%

Wares

20 y4

2,210

110;-»/U0

J

_

Motors

General

103 Va"

100

Dynamics

General

•20 V* "20%

20%

Nov

43% Nov

150

10

$5

Gatineau

37

38% May

43

10

Dec

1,090

9%'>*-9fe

•

common

Jan

80

43

Dominion

Feb

Foundation Co of Canada common—-*

31

Mar

Commerce

Dec

mm

26% Aug

a42a42%

__

Jan

Jan

18'/a

1

a42'/a

lo

Dec

Sep

18 %

23

Jan

810

36 Vi

Jan

25

Jan

12 V4 Mar

Nov

Dec

a4.00

Canadian

Players

36

High

18%

40

13% Aug
15 'A Dec

14,;%

7 %

Low
100

26

36%

10

Scotia

Jan

Dec

8

14 %

7'/4

Range for Year 1953

High

26

__

Imperial

24 Va
I

/

200

10%

Shares

Banks—

Anglo-Nfld
Famous

25

for Week

a20% a20%

__

Dec

Jan

8

Jan

'Feb

10

j;__l

—

15

100

7%

Power

Corp

34%

Dec

19

*

,

Sep

655

10 V2

•

common

5%

Low

•

16% Mar

5%

295

"

Dominion Textile

Sep

7%

10%

•

common

Dec
Jan

22

2,450

36

*

Chemical

12 Vb
19

9%

450

a

Par

Zellers Limited common

Toronto

25

71

al4%

*

common.

Dec

Sep

251

8

Corset

10%
14

5,003

28%

71

*

Dominion

Jan

770

27%

*

gales

Range
of Prices

Apr

33 Vb

25
25%
10%-.10%

28 Va

2

15Va

Dec

5%

25

preferred

Dec

20%

100

23 Va/I

10 y4

Dominion Bridge
Dominion Coal 6%

11%

10% ait

a

8

Corbys class B___
Distillers

55

24 Va

*

Consolidated Textile

Dec

25% May
22 Va Jan

6,653

alO«/2

Week's

Last

Sale Price

High

Dec

14

5,210

18

•

Farm

15

100

25

Vickers

Cockshutt

18
al2 %

common

Railway

Petroiina

Canadian

Consol

Companies

Pacific

85

•

1

Range for Year 1953
Low

25

<

JANUARY

"•

Shares

Par

6e/c

Cottons

ENDED

for Week

Sale Price

Canadian

WEEK

FOR

Safes

Ltd.

1

7.50

Jan

Ap'r
Jan

Jan

90c

90c

1,100

79c

Apr

1.29 Mar

34c

34c

2,000

33c

Nov

1.45 Jun

c

19c

1.000

19c

Dec

9.00

9.00

10

4,700

19

Mines Metals Ltd—*

Mines

200

7c

34c

__*
0

9,000

3.95

Jan

61c

13.50

Jun

Feb

,

The Commercial and Financial Chronicle..

*

CANADIAN MARKETS
FOR

RANGE

Canadian Stock Exchange (Cont.)

Thursday

Jack

Lake

Jaculet

JANUARY

I

Thursday

for Week

Shares

Low

High

Low

Par

Mines

Ltd

11%

12

850

Oct

15%

Jan

Aluminum

2.08

2.01

2.20

4,300

48c

Jan

5.20

Apr

Amalgamated Larder

—--1

57c

35c

65c

97,850

30c

Sep

1.85

Feb

American

Leduc

Nepheline

'

Yellowknife

'

Gold

Min

i.arayetle

Lingside
Mackeno

Mines

Larder

"U"

Louvre

Mines

Obalski

Cons

Jun

99c

Aug

1

20c

20c

22c

22,175

16c

Sep

10

10

100

1

7c

6%c

4.90

4.55
48

48%

100

12%

3,430

4%c

17,550

4%c

Dec

14c

16 3 8

350

16%

Dec

21% Aug

8c

1,000

8c

Oct

47c

1

:

class A

7.50

7.80

1.100

6.15

Jan

Jan

Sep

10%

1

15C

14 %c 15 %c

49,000

12c

Sep

70c

5

12c 12 %c

10,500

12c

Dec

45c

Aug

Ankeno

5c

Oct

12c

Jan

9'/2c

Feb

Apex Cons Res
Aquarius Porcupine

5%c

5'/8c

5!/8c

1,500

3%c

"

4c

1,500

1

19c 19 '/4c

3%c Sep

2,000

52 ' 52 Mi'.
20c

Feb

22c

19c

225

Dec

51%~Shp

3,800

20c

Dec

85c

Jan

1.80

Gold

1,000

55c

Dec

Feb

7c

Dec

36c

Jan

Ascot

45c

Apr

Ashdown

Feb

Athona

Feb

Atlas
Atlas

14c

107,000

14c

Dec

1.87

20,100

65c

Jun

1,000

5%c

Dec

16c

15c

16c

3,725

15c

Nov

66c

Feb

5 %c

5%c

5%c

5,750

5%c Dec

18c

Mar

500

9%c July
11c
Dec

22c

Nov

Aumacho

77c

Jan

16c

—

16c

500

Hardware
Mines

14c

Sep

31c

Dec

Auto

10c

Dec

49c

Sep

Avillabona Mines

3.40

138

3.00

Nov

Oct

3.90

10c

1,000

9c

Dec

33c

4c

4%c

2,500

4c

Dec

8c

Electric

Feb

23 %c

52c

104.033

Dec

55c

Jan

B

___—__

9c

500

8 %c

Oct

21c

Feb

Bank

500

10c

Dec

21c

Jan

21,000

8c

Jan

25c

74c

80c

3,000

50c

1.24

1.40

6,000

1

1.40

Aug
Dec

1.24

of

15%

15%

15,500

16

1,860

16

Barvue

4.20

4.00

4.30

1,625

8c

9c

22,000

3.80 Aug

5.80

Jan

Barymin
Base

1,950

5.80

Oct

9.70

Feb

Baska

1.75

Dec

2.99

Jan

Bata

1

8c

1

6c

3c

Nov

14c

7%c July

33,50(1

8c

15c

*

12c

15c

12c

13c

12 %c

1

1.49

16c

1.46

17c

19,500

7%c

9%c

6.500

7c

Jun

25c

Oct

22c

26c

7,231

10c

Sep

61c

Apr

ll»/8c

lie 11%C

10,500

10 %c

Oct

25c

Feb

Sep

3.10

Jan

1

12c

Atlantic

Central

Explorers

Central

Leduc

Oil

2.95

Sep

5.80

3,225

1.60

Dec

3.00 July

6%c

6%c

6%c

1,500

Borne

Co

35%

36

806

31%

Jan

37

Dec

42%

42 %

43

757

38

Oct

44

Dec

10

42 %

42%

43

360

Apr

45

1

1.20

1.20

1.25

5,100

1.05

Jan

1.55

Apr

—1

1.35

1.30

1.50

16,400

1.30

Dec

4.20

Jan

40c

55c

3,380

Sep

1.95

1.43

1.40

1.43

3,200

15c

16c

4,000

43c

Ltd

•

Mining

*
*

46 %C

47c

76,500

31c

Sep

Ltd

*

15c

15c 15%c

17,900

15c

Nov

49c

17c

16c

17c

14,601

16c

Dec

49c

1

6

Apr

53c

Dec

Apr

Bell

25

1.49

39%

39%

Jun

1.65

Jan

Sep

40

80c

6,365

35

500

39%

46c

Feb

Dec

72c

Jan

38c

Nov

39c

Telephone

Bellekeno

2.55

Beta

Mines

1

Nov

4.80 Mar

Bevcourt

Oct

1.10

Nov

Blbls

14%

13%

Sep

24%

5.000

Sep

5%c

Feb

3.25

Apr

Bobjo

'

1.88

3,750

32c 33 %c

12,000

16c

70c

1,000

60c

Sep

1.74 Mar

39c

40c

25,350

25c

Dec

1.00

24c

28c

59,340

24c

Dec

8c

9%c

13,700

7%c Oct

33c

6%C

6%C

7%c

2,250

5 %c Sep

14c

Jan

26c

28c

7,200

19c

57c

Mar

18c

16c

19c

40c

1

28c

1

9%c

1

Gold

Mines

1.38

Jail

Mines

26c

Sep

Bonville

2,500

50c

Dec

18'/2c 20 %c

5,000

18 %c

Dec

11%C Dec

66%c Mar

—

Gold

43c
4.40

1

Bralorne

3.25

300

3.05

Sep

5.90

4.45

Jet Oils

2.90

Jan

Brewis

Petroleum

Traction

5,500

3.50

6.60

100

2.40

Oct

5.10

Jan

9.25

1,550

6

Sep

12% Mar

British

38c

39c

2,000

25c

Sep

95c

British

3.90

3.90

500

6,000

Sep

,3.00 Sep

1.05

3.85

70

1.50

300

1

New .Continental

Oil

1

40c

40c

1.30

3,700

3.60

700

80c

1,300

aB.OO a8.75

80c

2.000

1.25

150

1
—-1

74c

*

a8.75

74c

3.20

3.35

Britalta

Jan

39c

5.95

—

6.65

5%

preferred

55c

56c
8.00

Grass

Empire Oils

Oil

Trican

j.i'di

Reef

Power

Oil

Brunhurst

Mines

7.50

Jan

Brunsman

Nov

2.55

Jan

Brunston

Sep

13.25

Jan

Brunswick

3.10 Sep

3.70

Sep

Buffadison

Jan

Buffalo

Dec

Buffalo

15c

Dec

2.12

51c

Oct

Nov

6.90

Sep

55c
6.65

1.52
13

Jan

1.25

2,600

80c

300

40c

Nov

a8c

500

7c

Dec

30c

21c

Dec

76c

Jan

Sep

£.25 Feb
1.68

22c

1,000
500

76c

9,400

63c

Dec

1.03

75c

—

80c

21,562

64c

Sep

Ltd—

64c

65c

1.65

1,800

63c

63c

500

Last

Sale Price
Par
common-

___

Acadia-Uranium

Sep

$
_

.

_

Petroleums

Akaitcho

Krtf?e„

59c
_

Sep

1.65

Consolidated

Alberta

Distillery

Alberta
,

Pacific

♦

Gais_

,

Sep

1.10

Jan

48

48 %

290

47

Jan

50% July

48%

17%

5%

28c

2.20
13c

8%c

Cons

•
•

•<»»

^

'oofnnfM

1

nae>




5%

6

4,875

17%

1,911

28c 35 %c

188.630

17 %

4.60

6

Apr

17%

Oct

28c

Dec

Dec

18% Oct
1.40 Jan

2.20

5,200

10c 13 %c

18.500

10c

Dec

45c

Apr

8c

Dec

21c

Apr

May

2.17

8%c

9c

4,000

2.10 Sep "

3.25

Feb

13c

15c

20,900

12c

Nov

93c

11%

13

3,490

10%

Dec

23%

1

7c

5c

7c

9,800

5c

Dec

15c

Ankerite

1

60c

60c

64c

2,600

50 %c

Jan

Canadian

*

15c

14c

15c

9,500

12 %c

Dec

35c

Feb

Lake

1

4%c

4%c

7.000

Sep

10c

Feb

Products

*

35

^5 %

530

Jan

39% Mar

Gold

Yellow

—

Knife:

35%

1

4c

34

1.05

11c 11 %c

2.500

9c

Nov

12c

14c

1.500

7%c

Jan

25c

0

19%

19%

19%

100

17%

Oct

22

*

—

37%

37%

41%

227

30

Jan

42

7%

7%

7%

525

6%

16,450

7%c

Jan

4

&

Steel

Co

class

.

B

A

12c

*

1

Calvan

Oils

Cons

34c

Apr
Feb
Feb

Jan
Feb

Canada

Oil

&

Gas

18c

Foils
Iron

Shares

26 VB

26 VB

26%

1,200

22%

Oct

26%

85

16%

Feb

99

10

97

Jan

13c

14,287

11 %C

Dec

19,200

13c

Sep

27c

8

Dec

10

15c

10%

10%

86c

17c

8%

40

10%

50

8% May

102

—

Feb

48c

10%

75c

Dec

1.65 Mat-

5,120

75c

Sep

1.35

Jan

1.09

1.19

26,550

Dec

2.80

Feb

200

25c

27c

42

40

44

3.200

40

47%

2,236

23%

23%

25

1.05

900

26c

47

'

-

4.45

22,915

3.25

Sep

6.65

2.95

3.00

1,719

2.25

Jan

4.60 May

3.05
1.45

3,000

-

-

-

-

Jan

Jan

7.00

3.110

90

88%

91

393

72

Apr

91

28'%

28%

120

26%

Feb

29% May

8%

8%

25

Jan

10

6.70

6.70

7

Dec

10.50

0

Jan
Dec

May

19%
•

19%

20

110

19

Oct

20%

53

51 %

53

135

50

Feb

54

Jan

11

200

10

July

12%

Jan

25c

Oct
Oct
Dec

3.85
2.50

43 c

31

Oct

40

Dec

53%

21%

Apr

24

49%

'

Company Inc.

Street, New York 5, N. Y.

—

WHitehall 4-5335

Canadian Affiliates

Dec

24.000

1.90

Jan

3.90

14%

Feb

87c

3.45

73c

6.90

10

40 Wall

July

80c

1.85

Sep

Gairdner 8

Feb

75c

—

20c

8%

Aug

75c

1.15

Mar

1.700

Nov

17%

8%

33c

28c

High

11 %C

%

Jun

N

17

99

15c

Sep

15c

28%

•

common—

18% Mar

Low

17

8

7.50

14.300

Range for Year 1953

Apr

13c

2.310

17c

—

20

for Week

12%

—

9.10

15c

10%

2.540

•

45 %c Aug

8.70

O

1

common-

Foundry
Malting •

16 %c 18 %c

25c

1

Sales

16%

23%
41

Cement

Canada

of Prices

Dec

Nov

8.90

0

Preferred

Range

8%

Oct

Mar

16 %c

—

Chibougamau

Canada

Week's

3.40

—1

Ltd

preferred

Jan

13

Calnorth

Exchange

High

—

"*

1st

10%

15c

1

Jan

16%

_

common

Algoma Steei
Aluminium

Jan

Aug

Calder Bousquet

Jan

Loio

1

_

Petroleums

Alberta

*

10
«

Yellow

Albermont

too

•

—-

common

Jun

1

Hills

Burns

Nov

16%

O

1

Prelerred

Ajax

•

20

—

Acadia-Atlantic Sugar Ref class A—
Preferred
—!

Agnew-Surpass

Feb

3.35

3.85 Mar

35 %c

*

Oil

17c

95%

1

1.70 May

1

STOCKS

&

Nov

1.30 July

Red

Canada

Gas

7c

25,200

21 %

1

Thursday

Acme

7,000

1.92

1

Burlington

Canadian Funds

_

8%c

1.73

Jan

1

Mining & Smelting

Bulldog

Jan

1.92

—10c

Ltd——*

_

7%c

87

1

Ltd

Mining

Building

May

.

63c

1

Oils Ltd

_

Jan

11%

2% Sep
16% Sep

Mar

21c

*
1

preferred

Jan

15%

Dec

10

1

Si.50

1.90

Nov

6%

2,486

1

—

Mines

Sep

1.92

—

Paper

Sep

13%

19,147

11,375

*

—

Mines

Jan

a60c

Toronto Stock

&

1.00

50

7%

91

-———

3.70

a7c

"

Ltd—.

Power

2,800

14

6%

4.15

Empire

Jan

80c

Campbell

Abltlhl

Feb
Feb

21%

Brtiish

July

a55c

—

1

Ltd—r_

Petroleums

1.20

Djc

Jan

91

Columbia

u,

"Wilrich

1.10

5.25

.

Ltd

^Western Homestead

2.90

3.85

British

1.20

1

Petrol-Chemical
Oils

859

Jan

Burrard class

Td-Tor

3.00

Apr

20%

Jan

Bunker

Trans

2.90

1.08

21

Jan

r.

Sweet

18c

Sep

3.90

1.56

6.00

400

Spring Coulee Oil Corp Ltd

8C

100

5.95

70c

1,500

7.90

1

pfd—

4.25

(J.45 Mar

3.40

8,500

———1

Petroleums Ltd
Phillips. Oil Co
Quebec Oils Development

20c

7%c

*

Oil

4%%

1.20 Sep

2,400
1,500

•

.Pacific

6%c Dec

44.200

1

Petroleums

American
Columbia

Buffalo

3.40

15 %c 15%c

1

Co

2%c Jan

5,800

11c

1.92

Sep
Sep

1.45

•

Ltd—'

32.800

7c

9c

1

——.50
British Columbia Forest Products
•

3.40

1.50

1

MerriU Petroleums

7%

»

July

90c
3.85

3.85

*

-

Jan

Feb

Jan
Nov

Jan

3.60

8.50

1.00

13%

*

ordinary

Lake

Red

1.20

1

Cordage class A

Brazilian

38c

1

Ltd

;

Jan

9.25

"

Jasper Oil Corn

10 %c

Mine

Jan

80c

•

14 %c

4,600

7c

.

Boymar

Jan

Feb

70c

•

J.

Jan

2c

50

2c

Jan

14 %c

1
Mines

Yukon

8
2.10

26c

River

Gamma

60c

65c

0

Jan

125

200

3.85

1.10 May
Jan

3,400

8,350

4.40

Feb

Sep
Feb

65c

78c

3.25

43c

7%

70c

1.75

1.63

Jan

Sep

53c

3.35

33c

1.30

14c

7 V8

3.35

2c

40c

Sep

65c

Dec

14%

38 %c

*

10c

2

—

Jan

4

63c

Co_

Ltd—

Jan

12c

Mines

Broulan

Oil

Dec

Lodge

65c

*

Gaspe Oil Ventures Ltd

6c

Uranium

3.60

—

Sep

Bros

10,100

1

Oils

Feb

8,050

1.85

Beaver

14c

1

Producers Ltd
Federated Petroleums Ltd

42c

3.85

1.60

Beatty

22c

common

Del Rio

12C

3.15

Oct

5,700

A_.

Ltd

8,600

15c

1.85

Jan

11,500

20c

Ltd

Oils

14 %c 15 %c

Apr

Jun

12c

Petroleum

Consolidated Cordasun

Apr

9%

3.80

10

Brilund Mines Ltd

Devonian

61c

Petroleums

Bralsaman

Canadian

7% Aug
9%c Oct

10

Ltd

Co

Brantford

Canadian

48,000

1.10

14c

Ltd—

Ltd

2.05

456

12c

Feb

j, Oil Stocks—

Oils

100

8%

30c

-1

Canadian Admirals

2.15

10c

Dec

1

Ltd

2.15

8%

2.15

Bordulac

Ltd

Jun

Dec

12c

1.83

Oils

26c

6c

28c

71 %c

1

& Gas Ltd

Feb

1

Bldgood Kirkland

Lands

r

lie

12c

11c

14%

Southern

Feb

4,500

22c

1'

Oils

Apr

27c

23% Jan

27,500

Sep
Sep

1

Ventures Ltd

Canada

19

Oct

55c

Metals

Berens

Vinray Malartic
ViQlamac Mines

Cglvan Cons Oil

Oct

Oct

30,700

11c

Canada

8c

6c

26c

*

class

15

12%

15 %c

Beattie-Duquesne

Gas

Aug
Apr

1.06

24c

1

Mines
Mines

Feb

4,200

&

Jan,

30c

7%c

*

Toronto

Barnat

Feb

3.40

12c

Oils

8c 10

14%

16c

Jan
Oct

8c

250

%c

9'/«c

Jan

6%c
40c

6,500
23,750

1

Montreal

of

Dec

90c

1.85

Bailey Selburn

Dec

May

Oct

6.70

Petroleums

2,000

15c
50c

1J

Bank of Nova Scotia—

15c

8c

Antone

9c

13c

1

10c

1.75

Wendell Mineral Products Ltd

12%
85

Jan

1

9c

6.10

_

Oct
Oct

45c

—50c

10c

1.75

United Montauban Mines

9
78

13c

Warrants

Corp Ltd.

160

47c

1

Oils

12c

6.10

Asbestos

8%C

21 %c

250

83%

1

Ltd-

9c

1

Ltd

83

9c

1

common

15c

1

United

83%

1

10c

1

Mines

12 %c 12 %c

*

100

1

class

1

12c

tJddlen

30c

50c

Bailey Selburn Oil & Gas class A
Banff

Bank

Ltd.

80c

Dec

Aug

Bagamac Mines

Jan

May

1

Goldfields

Dec

8c

10c

1

8,000

28,900

9c

17c

42c

Gold

17c

3.40

13,700
21,000

17c

1

27c

9c

22c

8%c 10 %c

Sep

Mines

16c

1

Tiblemont

Feb

Dec

1

River

13 %c

_»

Mines

Aug

Jan

*

25c

Ltd—

Cons

Jan

14%

49

4c

(1937)

16 %c

Steeloy Mining Corp
Steep Rock Iron Mines Ltd.
Sullivan

8.25

Jun

9c

Aumaque

2.90

16c

_1

Quebec Labrador Developm't Co Ltd.

Mines

Dec
Dec

12%

1,500

Bankfield Cons

Gold

4.55

48

20,100

j—

.1

Standard

5%c Sep

5c

Atlin-Ruffner

14c

1

Mines Ltd.

7,329

24c

Yellowknife

Com

5%C

Aunor

Ltd—

4.200

21c

—

Metals

1

Radiore Uranium Mines Ltd

12%*

22c

7c
4.95

'

4 %c

Steels

14c

1.30

1.76

1

8herritt-Gordon

5-70 July
21c
Jan

Apr

24c

Armistice

10,500

1

Mines

2.26

23.845

———*
1

—

■

Dredging.

12%

3.60

10c

—-—

55c
7 %c

5%c

—

Ltd.

3.10

Mar

7c

7c
14c

1

Mines.

Uranium

Apr

.

———-—1

55c

1

1

1

Rix-Athabasca

Jan

20

l

—

—

Argus Corp common
Preferred —~f--

69%' 'Jan
66c

Mines

Mines

Arjon

1

Ltd

Mines

40c

9.15 Mar

Jan

12c

1

Ltd

Ltd.—

Gold

60c

Petroleums

Dec

5c

8c

1

Uranium

6,500

Anchor

3,000

4%c

Ltd

(1945)

Orchan

77c

Anglo-Canadian Oil
*
Anglo Canadian Pulp & Paper pfd__50
Anglo-Huronian
.■—9
Anglo Rouyn Mines
1

4%c

5%c

16%

Ltd

Mines

73c

*

)c

Nocana

73c

Lead

•

Nubar

50c

Anacon

—

Island

Jan

Jan

5c

14c

Mines

54c

12c

Mines Ltd--.

New

Dec

Amurex

Formaque Mines Ltd

New

18 %C

American

Ltd

Ltd

29,196

Feb

—.

Mines

23c

Feb

Mines Ltdl——5
Mining Cor Ltd
1

Fortune

18 %c

6c

Mdlntyre-Porcuplne

Calumet

Jan

23c

24c

Area

New

30c

Dec

1

New

Dec

Dec

*

Ltd

12 %c

2c

-

Merrill Island

500

8c

Co Ltd—

Mining Co

Dec

15c

Petroleums Ltd

Dev

105

15c

1,000

Oil

j High

100% May

lbc

——1

3,000

1

Ltd

Copper

146

9c

1

Mines

Oils

Mines

Low

105

3c

—"

Explor

Range for Year 1953

High

104%

9c

Mines

Asbestos

Landover
Lavalie

&

Lew
105

pfd__100

3c

1

Keyboycon Mines Ltd
Labrador

2nd

Canada

1

Kayrand Ming Devi Co Ltd
Kenmayo Yukon Mines Lid
Kerr-Addison

•Shares

1

—

—'

-

11%

of

Co

for Week

—1

—

Ltd

*

12

Sales

Range

Sale Price

High

•

Week's
of Prices

Last

STOCKS

Range for Year 1953

1

Mines

Mines

r.

Pato

ENDED

American

Uranium

New

WEEK

i

Range

Par
5

Sales

of Prices

Sale Price

Hollinger Cons Gold Mines Ltd
Inspiration Mining & Dev Co.
Iso

Week's

Last

stocks

i

.Monday, January 4, 1954

Gairdner & Company Limited

CANADIAN

Feb

SECURITIES

Dec

Jan
Jan

Members: The Toronto

Investment Bankers Association
of Amend

Montreal Stock Exchange

Wire system to all

Jan

May

Gairdner, Son & Company

Members: The Investment Dealers'
Association of Canada

,

Stock Exchange
Canadian Stock

offices

Exchange

Feb

I

Number 5287

Volume 179

.The Commercial and Financial Chronicle

..

(39)

31

CANADIAN MARKETS
RANGE

Week's

STOCKS

Range

Last

'

Sale Price

Par

Canada

Oil

Lands

Low

•

Packers

Canada

Permanent

class

Canada

Southern

B

1.30

Oct

3.00 Mar

31'A

30

28%

Feb

35

May

58

160

49

Jan

58

Nov

58

1,620 "

9.15

8.80

9.CO

4,250

5.35

Sep

12% Mar

El

2.45

2.75

1,100

1.25

Sep

3.00 May

El Sol

Lines

preferred

50%

*

35c

39c

22,166

2

4.35

3.85

4.35

11,900

2.85

Sep

Canadian

Bank of Commerce

10

323k

32'A

32%

1,905

28%

Jan

•

21%

21%

21%

3,440

17

•

28 %

28'A

28%

635

23%

Breweries
Cannera

__

39c

24%c Oct

Feb

Empire

21%

Dec

Jun

33

Class

Car

Celanese

Canadian

$1

preferred

Sep

19

Sep

203k Mar

23 %

25

1,055

46

Fargo

_w

19

19

100

Dec

2,640

7%

43,235

2.20

Sep

Oils

Grain

Decalta

Jan

8.00

60c

68c

3,083

Jun

86c

15 %c

17c

1,500

15c

Sep

31c

42c

Nov

1.51

Jan

45

Jun

55%

Nov

•

68c

•

94c

80c

1.05

91,500

•

common

52

52

52

75

__

Petroleum

Devonian

Canadian

Dredge

50c

,

,

Jan

Preferred

3.50

3.60

145

2.00

Jan

4.00

Feb

7

7

20

5%

Jan

8%

62

__

*

Malartic

22c

15c

May

65c

Aug

Feb

16c

Jan

Mar

21

21

25

22c

25c

22,600

18c

Dec

1.00

Feb

51c

51c

56c

5,700

48c

Sep

1.55

Jan

17c

5,200

16 %c

Dec

52c

14%

15

8,084

13

Sep

23%

19%

19

19%

180

203k

20%

21

575

1.92

12,556

17%

22

Jan

*

15

1.87

1.79

19%

3.25 May

Mar

21% Noy

420

8c

8%C

15,100

5c

3.80

3.50

3.90

11,025

3.10

15

warrants—,

Oil Cos

17

62

10

17

17

110

36c

36c

2,012

47

66

Oct
Nov

Dec

23

Sep

5

35c

July

55c

Jan

«

1.30

7.50 Mar

Sep

Mines

Iron

1

1.54 Apr

57c

64,200

47 c

Dec

22c

22c

23c

4,000

15c

Nov

Manufacturing

•

1.20

1.00

1.20

6,450

80c

Sep

2.25

Ford

Motor

•

63%

623k

64 %

1,839

59

Apr

68

Mar

62%

Dec

70

Jun

11

Jun

14% Aug

5%c

Nov

*

class

A

50c

55c

•

—

•v

*

Foundation Co
Francoeur
Fraser

,

Gold

Cos

62 %

62%

25

*

13%

13%

50

*

6c

6c

15%

1534

15%

155

4.75

4.25

5.00

23,785

70c

—?

common

Frobisher Ltd common

3.10

Sep

V/o

1.77

Oct

Jun

Gaitwin

100

88c

88c

1.00

6,100

88c

Dec

20%

203k

22%

4,989

20%

Dec

38c

11

12

2,705

10%

Dec

12

1.49

1.41

1.50

10,650

1734

17%

18

870

1.65

__

Canadian Petrofina Ltd pfd

Canadian Pipe Line Products

1

•

Cariboo

•

Asbestos

Corp

1.61

95c

•

Ltd

Trethewey

Central

2.30

1

Gold

Casslar
Castle

7.10

2.40

95c

15,715

95c

l,p00

6.10

7.10

9,125

2.39

;_1

Explorers

-

60c

70c

2,200

1,100

Leduc

1.33

Dec

2.30 Mar

Sep

2.39

100

*

14

19

Sep

1.20

3.30

Oct

Jan

1.50

Oct
Dec

80c

Mar

Gas

Gatineau

Centre

Centremaque

Sep

50c

2.20

Feb

1.20 May

92

94

70

90

Dec

17c

18c

2,300

16c

Sep

63c

56c

63c

13,100

50c

Sep

20%

'20%

10,457

103

104

80

100

Feb

106

110% 110%

10

104%

Jan

110%

Dec

Jan

6.00

Jan

*

3.20

6.00

Jan

f General

4.30 Jan

General

3.75

100

1.46

2.00

23,600

70c

70c

70c

2,000

70c

16c

16c

2,200

15c

1.18

1.25

1,900

Nov

8c

8c

3,000

8c

Oct

95c

Sep

2.10 Mar

Sep

1.95 Mar

1

__

1

1.21

July

5%

5%

5%

1,200

33%

33%

181

31

58

56%

58

192

52%

1

common
.

Steel

Wares

preferred

5.00

4.90

5.00

1,300

1

5.10

4.90

5.10

350

100

100

100

101

40

1

Petroleum

8Vkc

8c

9c

25,300

4.40

■

"

8.50 J»n

Oct

4.75

7.50 Jan

Sep

99

A

,

May
68% Feb

Oct

3

...

J*

45

July

5

Dynamics

lA

May

104

Jan

12 %c

Dee

ii7A

Jan

1.32 Mar

Dec

Aug

1.25

Dec

Giant

19 %c

Feb

God's

Lake

Geneva

30c

Sep

1.03

22% Mar

20% May

4.90

Apr

1.80 Jan

,

General

General Motors

Sep

20%

100

Bakeries

General

Jan

1.40 Sep

I

100

60c

Feb

1

Porcupine
Lake Uranium

9.20 Feb

18c

*

common

preferred

9.50 Mar

3.25

__

Power

preferred

5%%

2.90

4.05

1.70

1

Patricia

Central

Central

Jan

Sep

4.10

:*

Exploration of Alberta—

2.15 May

•

Oil

Feb

10c
18

13% July

94

Exploration

Class A
Central

Feb

1

debentures

5%

Canadian VIckers
Canadian Williston Minerals

Aug

32% Jan

12

Railway

1.65

1

25

Reserves

Gas

&

Pacific

Canadian

Jail

13c

Jan

Fleet

B warrants
•"

Warrants

Canadian

Jaa
Jan

25

1.20 Jan

20

8%c

1

Jap

21% July

18
Sep
19% Sep

"

Canadian Oil

Oct

Jan

100

Locomotive

Canadian

9,700

Mar

21

Petroleum

Fenlmore

Jan

7

Class A

Canadian

30c

78c

8.00 Dec

3.60

*

25c

5c

Nov

23% Feb

Mar

22c

A

class

Class B
Canadian Food Products common

30c

19%

Kirkland

7%

Warrants

2,000

.250

Ltd

Federal

6.35

1

Canadian

500

7c

Hi

.'

Federal

73?

14

Federated

Canadian

Sep

6%c

7c

*

Players

Nov

7.85

,,

Famous

Jan

21

Dec

3

73k.

6c

6%c

•

Fanny Farmer

21% Nov

Jun

•

Canadian Colleries ADunsmuir)

Oct

21

16 %c

15%

18

37c

7c

Warrants

16%

25
Cellulose

&

200

14,350

Jan

24%

•

common

_

Chemical

Canadian

22

1

150

•

67A

Jun

1

,

Corn

965

„

High
2.45 Mar

Jan

5'A

10
Ltd

19%

18%

20

45c

43c

•

Life

19%

•

common

A

100

22

43c

1

Falconbridge Nickel
Canadian

85,650

6%

1

Mines

Eureka

Dec

Apr

Oils

Low

1.19

41c

20

Gold

Range for Year 1953

High

6%

1

Pen-Rey

Estella

6.50 Mar
33

A

Shares

1.10

_»

Emerald Glacier

Dec

95c

Jan

420

Oils

Oil

50

49 'A

46%

50

Admiral

Atlantic

Machine

Eddy Paper class
,

1.13

1

„

Elder Mines

2.75

SS

Metals

Washing

1

Oils

,

Canadian

Canadian

Easy

58

Canadian

Canadian

Apr

20

Warrants

Canada

800

Eastern

for Week

of Prices

Low

Par

High

Sales

Range

Last

Sale Price

5.05

3i»/4

*

Mortgage

Low

2.10

Week's

Thursday

Oct,

1.90

Canada

1

STOCKS

2.40

3.90

Warrants

JANUARY

Range for Year 1953

High.

3.60

3.90

ENDED

for Week
Shares

FOR WEEK

Sales

of Prices

Thursday

Gold

1
•

;.30

1.13

1.33

9,200

Chemical Research

50c

1.58

1.56

1.66

21,600

1

5%c

5%c

6c

10,500

5c

Jan

15c

32c

26 %c

35c

44,100

23c

Jan

83c

Jun

40c

Dec

1.40

72c

Jan

4.40 Mar

8.00

3,856

85c

95c

53,450

30c
19c

Jun

7.30

Dec

.

"

66c

1.30 Mar

Jan

J

Feb

1

7.30

90c

1

Mines

Gold

7.60

—1

Gold

1
•

Yellowknife
Lake

7c

Charter

Oils

„

Goldale Mines

Goldcrest
Chesklrk

Mines

Chesterville

Mines

Explorers

Chlbougamau
Chlmo

Ltd

1

48c

46c

50c

6,600

1

Gold

1.24

1.00

1.34

200,265

1.04

Jan

Gold

Eagle

Golden

2.75

2.75

210

1

7c

7c

7c

750

Cobalt Consolidated Mining Corp

1

1.40

1.35

1.45

11,981

73c

74c

5,000

103k

11

2,985

Chromium

*

.

Cochenour

WlUans

,

__

...1

Cocksliutt Farm Equipment

-

__

•

1034

71c

1

Coldstream Copper

1
1

Mines

Coniagas

6,000.

28c

500

1

National

Conduits

8c

28c

__

4%c

4%c

4'Ac

1,500

_1

Y'Knife

Colomac

7'Ac

8c

-

7

7

7

13

—5

—

*

Oil

1

Astoria

1,500

Jan

Goodliisli

Goodyear

Sep

2.40

1.50

Jan

1

4c

3'Ac

4c

8,500

,—*

16% Mar

Mining
Tire

Graham

common

97

94

97

51

1

Bousquet

Grandines

Mines

•

;

1

Consolidated Cordasun
Consolidated

Discovery

Consolidated

1

Crest

East
Gillies

Consolidated

Golden

Mines

1

Consolidated

Guayana

Consolidated

Howey

40c

1,575

2.05

18%

18%

19%

1,625

1

8.50

6.20

8.65

6.375

Mar

Great

A

•

6

6

225

11c

Feb

Class

Jun

12%

Feb

Gridoll

Jan

1.80

1

80c

Dec

1.03

Dec

7c

Sep

7

Jun

38c

21c

93k
85c

July

1.35 Mar

,

Feb

Paper

common

West

Coal

class

Dec

9b

Freehold

Gulf

36c

10c

"Dec

500

32c

Dec

25c

Dec

50c

Jun

12%c

Dec

30c

1,250

1.52

2.22

1,191,716

12%c

17c

.2,750

1.35
85c
2.22
50c

Mining it Smelting

Consolidated

L*

24

3,419

12 %c 13%c

233k

24%

•
1

July
Feb

Sep J

343k

Jan

Sep

39c

10c

15c

16c

81,698

15c

8

8

8

25

5%

Jan

8% July

2.50

2.50

100

2.25

Feb

3.05 July

Rochette

1

Consolidated

Sannorm

1

Consumers Gas

934c
__

8c

10c

32,500

9c

9c

1,500

10

16%

16%

17

•

3.60

3.25

3.60

1

Exploration
Copper-Man Mines Ltd
Corby (H) Dist voting
Comvest

16c

15c

20c

•

1034

2,565
.

2,550

1.40

Dec

Jan

Gold

Lake

J

-

8c

32%

*

Hamilton Bridge
Hard Rock Gold-

Harding

14c

Carpets '

:i-

—

Harrison Hibbert Mines

21'A

21

21%

3,830

1

i

13'Ac

13%c

16c

20,000

*
1

16C

__

of

Heath
Heva

8C

6%C

9c

8,000

4'Ac

4 %C

•

25c

...1

_.i

Gold

6%c Jan

1

c

22c

—

Mines

High Crest Oils Ltd
Highland-Bell

1
*

15c

Del

Gold

Detta

Ltd

Mines

1

8

,

*

—

Dome

Smith

Howard

Paper

*

common

116

Dec

76

Feb

Hy-Charger

Sep

10

108

60

35

55

34

34%

832

27

July

34%

8c

1,700

7c

Dec

18c

Mar

99c

1.10

15,700

70c

Sep

1.30 July

19c

1.25

1.25

1.25

300

1.10

1.40

1.25

1.40

31,210

1.15

Dec

52c

Nov

15c

17c

7,500

11c

1.65

1.50

1.94

328,425

96c

Nov

Sep

Imperial Tobacco of Canada ordinary_5

2.96

Feb

Jan

Industrial

Acceptance

common

preferred
$2 preferred

$1.50

Inspiration

27%

28%

823

Nor

International

Bronze

4.20

3.80

4.25

800

3.80

Dec

7.75 Mar

International

Metals

14

13%

14%

5,230

133k

Dec

29

10

32

3134

32

340

27%

Apr

34

*

Bank

14%

14%

14%

1,626

12%

Apr

15%

99%

65

963k

Apr

100

Jun

9

Sep

16

Mar

100

Magnesium

:

Invest

Dominion

Coal

&

Steel

Dominion

Stores

Dominion

•

—_

Dominion Textile

99'A

12
12

12

315

10%

103k

10%

1,097

18%

18%

12

18%

360

7%
19%

2.50

50c 56%c

36,100

7%

7%

21

21
7%

21
73k

2.50

•

7%

*

,

Mines

1

55c

14

55
845
100

73k

^

12 %

93k May
10 %

1,480

•

common

Woollens

1 200

,12

23.50

Tar & Chemical common

Dominion
Donalda

•

common

Preferred

0

99%

1

com_.

Duvex

Oils

&

July

7
2.00
45c

Jan

International

Milling

Dec

9

Jan

21

Dec

Nov

11

East
East

Amphi

pfd

;

Malartic

5.00

Oct

94c

Nickel

East

Rim

East

Sullivan

set page




2,170

36

Oct

58

Mar

43c

1,000

41c

Dec

65c

May

7.60

6.70

7.65

Nov

12%

Jan

9'Ac

8c

10c

4,370
18,600

Dec

27c '•

Jan

38%

37%

5.70
8c

-'J

38%

987

31%

Apr

28

27%

28%

4,761

25'A

9%

10

446

9%

Jan

6'A

6%

400

5%

Feb

695

35%

35%

35%

35%

35

35%

80

39

39

135

2.01

2.20

13,400

16%

16.%

25

31

32%

79

2.00

Jaculet

Sep

36% Mar

30'A Jun

36'A Mar

28

36

Sep

40c

Feb

5.10

July
Feb

15%

Sep

18'A

Nov

265

27

Jun

34%

Jan

79

100

79

Dec

87

Feb

33%

34'A

8,578

33%

Dec

128

129

125

Jasper

'

Feb

18

Sep

29% Mar

4c

Jan

22c

Jun

8c

Sep

24c

Feb

7c

15,500

9c

10c

2,600

3.40

400

1.95

Jun

Apr

Oil

Feb

May

Jellicoe

Jet

Mines

Oils

Joburke

(1939)

6c

6'Ac

4,770

4%c

Jan

16c

6'Ac

Apr

Dec

55c

Jan

15c

Ltd

•

19c

15c

19c

15,600

Gold

1

14c

12'Ac

14c

24,500

6'Ac

Jan

1
•

37'Ac

35c

40c

23,100

20%c

20c

21c

6,500

Sep
July

1.42

1.27

1.55

6,000

5'Ac

Mines

Ltd

Oct

Kayrand Mining

1

15c

Feb

1,000

Renville

3.15 Feb

Kenwell

70c
3.45

Oils

Sep

1.65 Jan

Kerr-Adidson

Dec

6.80

-1
1
1

Gold

July

*

Jan

Kerr

Lake

_—

'

1

6%C

6%c

20

21,474
6,525

90c

3.65

Jun

30

3.20

89c

86c

Jan
Mar

Sep

6'Ac

58c

3.50

46'A
131

18%

3.40

Sep

90c

y

127

9'Ac

Dec

3.55

41.

34%

1
1

'

Mines

21c

1

39

1

yr-

20c

1.45 Sep

6%'July

7c

Gold

18,050

28,260

Jan

11% July

•'1

5

Intel-provincial Pipe Line
Jacknife

41,475

2.05

1.90

\

8,180

22c

12c

H

>

38% Dec
36

Nov

10

•'.>

21

1 74c

7%c Sep

3.40 Mar

38%

18%

•

3,500

20',V'Aug

18%

Jupiter Oils Ltd

1

Mines

Mines

For footnotes

1

,

Apr

1.50 Sep

19%

Jonsmith

9%c 11%C

' Feb

21

Dec

66c

.

18%

Jan

20c

30c

8%b ;Fdb
'

*

International Petroleum

18%

72c

Jan

13

Sep

520

96c

20 %c

ll%c

•

"'13% 'Feb

Oct

38

100

Jan

29c

—_1

Mines

17

Jan

; ADec

"MO

43C

38

5/100

—.

Dec

25c

1

L

75

Jan

Sep

31

'

900

Jan

34c

Jun

16% Jan
19 % Nov

Sep
Sep

Preferred

15

29c

1

Minerals

Dyno Mines

Oct

20

31

A

25c

18%

_1

Gas

•
30
3

25
14,500

183k

Brewery
Oils &

Dragon

24'A

2.00

•

Powers

class

Joliet-Quebec
Dow

255

1.65

2.10

International Nickel Co common

Dominion Scottish

30%

22% Mar

Dominion Foundry & Steel com;
:

30

19%

1
pfd—25

Mining

»

Preferred

Sep

20

-_£1

Preferred

28%

Dome Mines

Dominion

•
•
1
1
1

10
*

Imperial Bank
Imperial Oil

2.50

-

12c

Jan

Jan

45c

Sep

24

Feb

1.92
3.75

Dec

Oct

Petroleums

2

(Western)

2,000

1.98

Dec

8c

Aug

15c

Seagrams

Exploration

Dominion

25c

25c

Devon-Leduc Oils

15c

■

—-1

Gold

Hudson Bay Mining & Smelting
Hugh-Pam Porcupine
Husky Oil & Refining Ltd

Feb

115

70,724

48c''; Jun

13c

Oct

*

Yellowknife

Homer
Hosco

60

34c

65c

May

4c

Feb
Nov

115

30c

Sep

30c

1,000

57c
11

1

Minerals

Distillers

34c

9%c Feb

17c

3,000

4%c

1

Ltd

Producers

4%C Oct

11,600

4%C

1

Mines

Rio

5,750

25c
36c

—1

Home

Jun

Dec

D'Eldona

5c

21c

35c

,

Dec

8

Dauch

&

Hoyle Mining

Delnite

Sep

Jan

15c

1.08

Jan

44c

25% May

9c

50c

50c

19 %c

Dec

6.30

Dec

—

6%

Dec
ti

29%ic Sep

9%c Nov

71,600

16%

Deb
Mar

21 %C Nov

12'Ac May

23c

1

Iron

Gold

8,200
6,500

17c

16c 16'Ac

1

—

Lakes

15c 16%c

1

Gold

Hasaga
Head

11%

6%c

Oils

10%

Oct

Sep

1,118

7,500

Davison

7
5c

2,570

9c

__

200

19,500

37,400

6%c

3434

17c

12

8c

5

8%

25c

1

1

15c

8.25

Jan

Crown Zellerbach Corp

8%

Dec

23c'

■,

Feb

Crowshore Patricia

21%

18c

4.50

__

Jun

7.60

,10%

—

13%

11%

Jan

100

14c

22c

Jan

100

Jan

9'Ac Oct

Feb
Feb
Mar

2c

8.25

4.00

Nest Coal

993,303

39

11%

100

Trust

14c

20c

Apr

*

140

Crown

10'Ac

13%

3%c Jan
32

1

31 %c Mar

Jan

5

1,950

Crow's

240

JUB

Jan

Oil

15c

1,000

22,500

33'A

6c

2%

Hollinger Consol

6,150

25c

8c

32%

8c

Dec

5.45 Mar

Dec

11

*

4,500
56,150

8.45

-13% Aug

17

3.25

10

25c

12c

Sep
Dec

'Feb

;

Mar

Jan

14

4.00

__

13%
10'A

13

Hinde

9%

1

Sep

25

'

10% Mar

Dec

High wood Sarcee

4.00

;

1.

Dec

Feb

10

Pershing

6

Jun

4.00

Croinor

Jun

27c

*
Mines

8.65

10%

21

Jun

20c

»

Crestaurum

4.25

Jun

8c

Class B

11

61'Ac Jan

15

7%c Sep

Craig Bit

,

13'Ac Dec

Feb

3,333

15c

Consolidated

1.45 Jun

Jan

Deo
Mar

13%c

__

Dec

Nov

100

Jan

*
*

24c

5'A

1

Gypsum Lime & Alabastine

1

Class B

Jan

3.85

9.00

Apr

Jan

25

13%

Feb

10c

3c

88'A

15,150

9%c

Gwillim

*

;

Dec

5'A

9.75

Gunnar Gold

class A

Nicholson

Peak

Consolidated Press

Feb

12c

3c

7.05

9%c

Jan

Oils

Consolidated

Consolidated

Feb

9c

Jan

36c

6.10

1

Headway Red Lake
22

6.90-

10

Lead

Jan

80c

1,750

<

1.00

Dec

3'Ac

5'A

*

B

Jan

2.58 Aug
Jun

46c

10,500

27c

17c

20c

46c

„

2.20

1

3.75 Jan

Dec

Aug

10c ll%c

46c

__

6,920

7,500

•

Lakes

Jan

36'Ac 36%c

10'Ac

1

;

Lead

Matarrow

Cons

125

1.99

2.04

Jl

Arrow

3,500

40c

»

Lake

Consolidated

40c

14,300

87,805

Great Plains Development

7

40c

24c

25c 34 %c

13'Ac 16'Ac

34c

Mar

4c

1,700

8%

36c

1.45

Apr

74c

45c

8?Ac

15,000
5,000

Oct

1,500

7c

__

47c

4%c

Dec

1.75

20c

8c

a

,

5,450

4'Ac

25c

1.41

8%

22c

_1

Consolidated Bakeries

1.55

4'Ac

45c

Halliwell Gold

Allenbee

Consolidated
Consolidated

Art

1.50

4%c

17c

44c

__

Mar

15c

1

Guaranty Trust
Mines

Coniaurum

May

46c

Sep

*

Jan

9% Oct

1.70

1.75

53c

Dec

6c

Uranium

...

Mines

5.05

Dec

7%c

Mar

15c

16,500

Porcupine

Great

Coin Lake

18c

10,400

Goldhawk

Sep

1.25

84,000

7%c

23c

Goldflelds

14 %c

2.75 Dec
5c

1.52

32c

17 %c 19 %c

6%c

1
1
•

Manitou

Goldora

Citra-Lartic

Mines

20%

300

5'Ac

6'Ac

3,000

1.60

1.40

1.60

4,700

16%

16'A

16%

3,110

28c

40c

2,513

'3.75 Sep

40c

Feb

48c

Nov

30c

Jan

Sep

3.15 Mar

5'Ac Dec

13'Ac Feb

1.19

17 %

July

5'Ac Dec
1.40
16
20 %c

Sep

23

July

18'Ac Feb
2.25

Feb

Dec

21% Aug

Jun

35c

Feb

UJ

40

The Commercial and Financial Chronicle

(40)

..

.Monday, January 4, .1954

CANADIAN MARKETS
RANGE

STOCKS

■'»

*

.

JANUARY 1

ENDED

Share*

—

~

High

Low

8'/2c,

8c

2,500

'

New

Ryan Llake Mines

12c

11 %c 12'Ac

Jun

12c

11%C

12c

10,133

2.03

2.00

2.10

11c

lit

5'%c

5'Ac

6c

1.38

1.38

May

9,000

55c

Dec

40c

3,800

35c

Dec

78'Ac

Jan

New

-1

—

14c

17c

7,500

10c

Sep

20c

Nov

Nib

13c

1114 c

13c

30,000

8'Ac

1

42c

39c

42c

14,500

Oct
Dec

20«

Kirkland

Townsite

1.15

1.00

1.15

—«

55c

58c

85c

Superior Oils, of Canada.

New

1.53 Jan

Thurbois

—,—

Yellowknife

—-J

—

(

Jan

-Feb

1

4.10

Jan

'..1

16c

Sep

1

13%c Aug

i

7,500

35c

75c

36c

.+

High
35c
31c

500

6,850

65c

39c

Low

Sep

9,727

lie

58c
72c

—-———

/

11 %e Dec

8,500

Senator

1

—

*

New

1

i

Lake

Range for Year

High

Jan

39c

1

—

JKlrkland

Low

.

Shares *"

of Frices

High

6%c Jan

Sales

for Week

Range

Sale Ffiee

———.1

Mines

Klrklaud-Hudson

Last

STOCKS

Range for Year 1953-

*

1

Low

*

Keyboycon Mines

of Prices

Week's

Thursday

for Week
ga|e price

•,

Par

Keymet

FOR WEEK

Salee

-

(Cont.)

Toronto Stock Exchange

10c

1.9a Sep
8c

Jan

3%c

Jan

1.32

Dec

-

Klondike-Keno

Kristina

Mines

Copper

Kroy Oils Ltd

..

39c
1.00

17,500

35c

Sep

Nov

•

Exploration-

Dufault Mines

Lake

17

1

,

Lingman
Dsn-

-1-

Shore

2din es—.

7.50

Jun

17

1,152

*

%

■

"

f

Lake

Wasa

Gold

1;025

"

.

6 .10

Minings.

—10,700
6,500

15c

18c

20c

1,150

1«C

5.30

5.50

1,615

5.20 Sep

-

Feb

1.80 Apr

Dec

62c

62c 6514c

5.50
2 lit

_1

Lake of the Woods common

Lamaque

Gold

handover

Ollg &

20c

22c

7,200

•

29

29

30

_■»

—■ —

3.80

3.80

100

11c

13c

111,100

Mines

Laura

9>A

Mines

..1

—

14

4,590

414c

13%

5!4c

1

600

150

14

5%c

514c

50c

1

Leitch Gold

150

6%C

414c

3

—

Mines

9%

6c

1

Secord

Lavalle

914

0

—

Lapa Cadtjlac

•

12 %c

1

Lang & Sons-

Lapaska

,

•

1,100

9c

70c

♦

Noranda

Nordon

m

Mines

58%

1,000

56c '

88 %

Norgold

l9c

54c

Feb

Norlartic

Sep

51c

Feb

Normelal

20c

Dec

28 V*

Gold

1

Lexlndlu Gold

39c

.

Mar

58c

33

Nov

51c
10

7'A May
5 %c

9c

Jan

3 %c

9%c

Jan

14 %

Jun

13

5,500

5c

Oct

2,390

55c

-

5.40

Dec

11c

Mines

7c

■

500

Groceterias

class

8c

.2.40

2.45

4c

—1

10c

8'Ac

10c

5,833

—*

1.82

1.60

1.82

Jan

22c

Feb

Oct

29c

Feb-

7'Ac

8%c

4,025

13c

19,600

Nov

r

North

North

Star

:
—

Trinity

Gold

lnca

-

7'Ac

North Denison

11c

13c

_

Oil———

6%

—

—

8c

!

1.56

Dec

6%c Dec
.6 %c

ri25

6%.

8

Northland

Feb

Nubar

Feb

1.09

Jan

2,800

Sep

17 %c

16,500

6c

Jan

16%c Sep

16,800

43c

Dec

36

Apr
Feb

38

•

40%

39%

4014

—1
•

4'Ac

4c

16c

12c

1

79c

68c

1

13c

425

Long island Petroleums
Uranium

Lorado

Mines

Goldfields

Louvlcourt

Lowney (Waiter M)
Lynx Yellowknife
Macassa

,

Nudulama

20c

18c

20c

4,600

18c

4'Ac

4'Ac

4'Ac

2,000

4'Ac Dec

17c

13c

18c

17,500

10c

Dec

38c

42c

19,250

36c

Dec

39c

Ltd

Mines

Dec

I
1

(1949)—

Ltd—

Oakville

Wood
Lake

1.00

Jan
Feb

O'Brien

OH

Mines

Mackeno

Mines

24c

MacLeod-Cockshutt

Gold

July
46% July

Okalta

'

Class

1.45

Mines

373A
3%c

Jan

ll3Ac

Jan

16c

14,100

8c

Sep

30c

Mar

Ontario Jockey

Sep

9

Sep

13 %c

Feb

61c

Sep

1.15

Feb

1

Jan

17c

Feb

i

Sep

lie

Jan

*

Sep

3.45

Jan

Feb

29c

83c

264,100

22c

Nov

95c

Dec

Ontario

1(3'Ac

13,200

10'Ac

Oct

25c

50

Jan

15'A

Dec

14

Dec

15c

Dec

2.05 May

Orange

55c

3,100

1.14

Osisko Lake Mines

13C

1,500

24c

22,720

1.46

51c

Dec

Jan

40c

Dec

90c

Jan

18c

Dec

Pacific

Coyle Navigation—__—.1
(Eastern)

2.25

Jan

19 %c

Dec

1.95

Feb

Jan

7%c Feb

2c

7

9

July

Dec

Jan

17c

Mar

9%c July

43c

Dec

7%c

Nov

18c

4%c

Massey-Harris-Ferguson

39c

35c

39c

13.000

35c

Dec

24c

20c

33c

8,300

20c

Dec

•

Ltd

Maxwell

Cons

7%

7%

7%

2,913

15c

4,500

Ltd

"

7'/a

31c

35c

15c

5%

5%

10c

1.05

9c

5%

55

.5

—1

11c

10c

12c

11'Ac

14c

6,476

il'Ac

Dec

26'A

26%

1,898

23%

Oct

100

Preferred

McDougall-Segur

91%

91

35

13c

2,600

52

--

91%

12c

52%

262

33'Ac 33%C

*

—

4.20

4.40

2,625

10c 12'Ac

4,500

Parker

Drilling

Red

McKenzie

5

Lake

Red

McWatters

Gold

Mentor

10%c

1
*

1,000

Mills

3.20

•

i

8c

7c

5

Exploration

Mercury

,

1

Lake

McMarmac

River

11c

13,700

7c

7c

1,000

3.15

3.25

2,400

1.00

1

--

Island

23c

Merrill Petroleum

1.00

300

Meta

Uranium

Mexican

23c 23 %C

6.70

.

Mines

Apr

Mill

Oil

&

Gas

Penman's

5.95

Ltd

Minda-Scotia
Mindamar

Gold

Oils

Monarch

Petrol

Oil

Dec

Photo

Moneta

Porcupine

Fickle

Crow

Jun

Pioneer

Nov

96

10c

Dec

31c

1,900

7.00

98.001

51%

Sep

30c

Mar

6%c

Jan

16c

53Ac Sep

12c

3.15

69

Jan

403Ac Aug

6.00

Dec

May

20c
2.00

7.00

Sep

Mar
Dec

32,420

42c

Dec

84c

Nov

25c

1.100

20c

Sep

62c

Jan

2,000

6c

Dec

19c

7c

7c

15c

38c

Dec

Apr

1.74

1.85

16,700

1.74

Dec

4.55

10%

3,470

9.75

Dec

143A

Jan

9%

9%

9%

100

Oct

^16%

Jan

43c

53c

56,450

40c

Jan

56c

Feb

15c

20c

11,500

15c

Dec

45c
'

'

—

—

15%

700

25'A

26

1.101

5
5

9

9%

11%

250

11%

100

•

30c

26c

30c

2,000

•

Hosiery

Petroleum

National

Steel

Negus

New

New
New

B

10%

10%

10%

935

—

-

•
25c

Uranium

1

Bristol

1

Oils

•

8

52c

Sep

15 3A

Dec

27% Apr

7%
11
24c

10'A

Jun
Jun

Dec

Oct

1.59

Jan

1.37

1.40

1.40

500

1.35

Dec

2.15

Feb

Uranium

1

28c

37,900

23c

26c

;

*

Rouyn

Power

Corp

Prairie

Oil

•

;

.

13c

13,667
407,476

42c

54c
1.39

1.85

450

15,608.

55c 55'Ac

3,200

8'Ac Oct
3%c Jan

Gold

Dec

20

Apr

61c

Dec

31%

Sep

72c

35'A

*

Gas—

&

Premier

72c

1,500

353A

150

1

,'2.15

1.73

2.15

4%c

4%c

5c

Metals

Preston

East

10,000

Purdy

1

•

Mica

._i

Mines

Quebec

Metalurgical

Jan

1

0

^

Quebec Nickel Corp.
Queenston

9%

170

2.67

11,000

1.40 Mar

4.00

10,800

1.65

8c

8c

8c

2,500

7c

Jan

V- 67c

67c

,

■

,

11%

'V.;

1.30 Mar
26%
1.52
40

2.85

Dec
Jan
Mar

Jan

21c

Jun
Jan

I2%c Mar
3.40

Aug

r

5.70 Nov

t

27c

Feb

65c

July

6,500

9c

Dec

3,200

68c

Dec

1.70

Jan

'

3.75

675

Dec

9.00 May

*

1.54 May

-

13'A

;>•
■

.

Jan

Radiore

Jan

52c 53 %c

3,500

45c

Dec

36c

35c

38c

8.200

20c

Sep

48c

Jan

14%

14%

15'%

2,425

14'/a

Dec

22

Jan

1.14

Feb

80c

71c

85c

174,200

32c

Jun

45c

45c

600

40c

.Sep

76c

Jun

j

19'Ac

17'Ac

20c

29,145

8c

Jan

33c

Mar

*

1.10

98c

1.05

24,500

83c

Sep

1

8%c

8c

8"34C

7,500

1.00

1.50

300

Mines

1

May

Rankin Inlet

1

14

May

Red Poplar Gold

1

Utilities

,

8 % Mar

4.65

Reef Petroleum

1

Renfrew Textiles class A

*■

5,016
3,000

29c

1.70 Mar

Oct

Dec

13,900

80C

Oct

47c

40c

47c

53,509

40c

1.40

1.10

1.42

54,800

85c

1.05

1.05

32c

3.50

Jan

1.17 Aug

Dec

1.15

Apt—

1.10

Dec

3.40

Feb

Robertson

Mfg

1.33

Feb

2.25

Jan

1.51

Jan

Rowan

Feb

Roxana

40

13 %

Dec

17

42

42

25

40% Mar

42

Dec

—20

20'/a

20%

30

20

Sep

21

-Sep

17'A

17%

100

Sep

18%

13c

21,000

14

—

-

Roche Long Lac

$1.00

14

—40

common

preferred

*

16%

Sep

Dec

15c

Oct

34c

1.71

Nov

B

70c

1

Nov

22c

Feb

Oct

8c

Aug

Dec

35c

Jan

Sep

20c

Apr

32

Dec

12

7c

1

13c
2c

2c

2c

3,000

2c

*

12c

lie

13c

27,700

lie

9 % c 10'Ac

5,500

6c

Warrants
Oils

,

Roy Silver

1

10'Ac

10

37%

9c

Dec

37%

Sep

3.30

Jan

Royalite Oil

•

12

12

25c

Sep

55c

Oct

Rundle

•

10c

9'Ac

11c

11.000

12 %c

19c

201,200

12c

Jan

48c

Apr

Rupununi Gold

1

3%c

2%c

4c

339,850

18c

18c

11,300

17%c

Dec

55c

Feb

Russell

»

17%

17%

17%

1,775

26c

32c

2,750

26c

Dec

40c

1

37%

3 7'A

38

2,265

4,300

10c

Jan

82c

Jan

San

1

1.60

5,750

7c

July

20c

Feb

Band River Gold

Sapphire

38%

17% Mar

Sep

32c

Sep

5'Ac Feb

Oct

Dec

17'Ac 18'Ac

Jan

Sep

17

905

7,400

8c

2%c

1,372

38%

5,240

38c

St
8c

12c

8'Ac

5%c

6c

1,612

5c

Sep

16 %c

Feb

12c

14c

5,7(50

12c

Dec

80c

Apr

Oils

Industries

6c

9'Ac

19,900

5'Ac

Dec

1.83

1.63

1.89

84,631

12%c

Jan

16c

16c

17c

14,557

16c

Dec

7c
11 %c

6c

11'Ac

7c

23c
2.95

40c

Antonio

Oils

27,000

3%c Jan

24c

Apr

7'Ac Feb

27c

Nov

1.40

Apr

24

Jan

39

Dec

Dec

2.25 Mar

Jan

15%c Aug

1.60

5,050

7'Ac

1,000

1.50

1.60

7,590

1.50

Dec

2.81 Mar

1.12

1.24

Sep

2.82

,

3c

Class

B

Shawkey

62c

69c

107,728

39c

Dec

87c

May

24c

33c

33,700

24c

Dec

79c

May

8c

6%c

8'Ac

54,500

4%c

Apr

9%c

Feb

Sick's

9c

7%c 10%

common

preferred
(1945)

Miness

Sheep Creek Gold
Sherritt

11,690

1.00

16%

17

200

16%

Dec

1.55

1.42

1.60

18,200

1.35

Oct

•

40%

40

40'A

375

36'A

Jun

50

50

50

50

25

9e

10c

6,832

8C

Jan

50c

Oct

•

Security Freehold Petroleums
Shawinlgan Water & Power

Jan

30%

Jan

1.40

•

Ltd

Scythes & Co

33c

5c

1.60

Feb

Mylamaque Explor

--

Ltd

f

7'Ac

1

Petroleums

12

f

Mosher Long Lac Mines

57c

Gold

Apr

39,361

13c

common

Lawrence Corp

Scurry
9'Ac

-

Jan

2.80

•

»

.

Dec

45c

2.45

1

Feb

Feb

preferred

1.05

Dec

1

1

Oils

preferred

50c

8c

1.00

1

Uranium

Prado

-1

32c

--

'

50c

Uranium

84c

6%

•

1

3.50

21c

K

5'A

l

l

Jan

6,400

70c

2.65

l
•

1.55

70c

2.65

8%c

"

1

3.75

3.75

Royal Bank

18 %c

For footnotes see
page 41.

Feb
Jan

Dec

Oct

Oct

1

Rouyn Merger

1.25
45

68c

-,70c

53 %c

Gold

Mining

Nov

18c

•

Gold

Dec

9%

3.75

1

2.92 May

13,600

Gold

Norzone

i

9c 11 %c

Manitou

1.60

20c

Malartic

II

8V8C

Sep

2.60

.

>

1

Quebec

52c

18c

Highridge

I

4c

2,67

-

y?

1

Quebec Copper Corp
Labrador

Sep

20c

Jason

Marlon Gold

Dec

'3.85

1

Dome

Airways

Prospectors

Sep

Sep

Hugh

Newlund Mines

1.60

4,500

•

1

Border

1.20

45c

II

U

Dec

25c

200

35'A

72c

—1

/_

i

1.10

206,600

1

Laguerre Mines

Sep

25

1,175

1

36c

i

16c

25c

Rexspar

1.77

1




32'A Mar

Dec

26'A

Rio

1.02

New

New

Dec

1.00

25c

Feb

Sep

87c

l

Ltd

Jan

29%

2,700

25 3A

Feb

1.20

95c

-

;

83c

27 %c

55

1.10

37c

26'A

29c

1.39

1.80

New

New

Sep

71,525

30

1.06

Sep

Dec

11 %c

New

New

43c

29%

39c

1.35 Mar

21%

1

Goldvue

Newnorth

i

—*

Quebec

13

1

New Fortune

New

Sep

2.25

9c

50,250

New

1.65

Dec

6,000

"

Larder

Dec

1.05

61,700

15c

New

90c

4,400

2.25

57c

New

4,300

1.10

9%c

15c

Kelore

1.00

1.05

1.80

50c

New

95c

■}

•

1.05

Sep

15c

Mines

i

1.00

1

Dec

55c

Harricana

Feb

Jan

•

New

Nov

65c

Petroleum

2.99

50c

New

36%

Dec

*

I

Warrants

Jan

26c

75

Pontiac

27%

1.30

Petroleum—

20

7,540

48

Jan

Dec

1.08

Devon

Jan

175

41c

48

1.76

Dec

—

Dickenson Mines

51

36c

38c

.

Jun

6%

1.30

New

Dec

35 %c

■AOc

1.14

1.55

•

New

48'

35 %c

820

24%

1

Delhi

I

7,800

60

Development

New

♦

Apr

8.75

>26

270

Concord

—

Jan

58c

1.19

4,800

New

Oil

*

Aug

25

26

Mines

Continental

Dec

5.00 Sep

)

Dec

1.65

1.15

9'Ac
2.18

1

British Dominion Oil

Davies Petroleum

27c

Jan

6%
13c

26

7%

Calumet

New

Dec

1.17

1.68

New

New

1

*

7%

1

Bidlamaque

Jun

Sep

1,360

———

Rix-Athabasca

Alger

29c

1

1.55

1

Labine

»

Jan

Development

25'A

1.67

*

t

Mines

Nesbitt
New

class

Car

Apr

4c

■

Oils

Redwater
National

Mar

22c

Ponder

Quemont

National

54c

Jan

Jan

9.75

14%

—

Jun

3%c

f

.5

Nov

5% Dec

3.00 Mar

1.75

26

common

30c

19,955

1

Oils

50c

15%

^

Aug

Jan

35c

•
•/.

Mlues_,

River

25c

•

Preferred

13% Mar
73 %

Placer

Powell

42c

•

National Explorations Ltd

t

Dec

29c

Sep

Jan

100

Moore Corp common

National Grocers

\

Jun

6.75

3.15

5.60

1

Gold

Poplar

64c

Sep

Mineral

Gold

July

10%

1

Drug & Chemical com

Dec

64

50c

33c

.

& Gas——

2.50 Jan

Oct

9,500

Montreal Locomotive

National

1.20

May

24c

-

_1

Montoco Petroleums Ltd

;•

i

♦

—

Engravers

Jan

*

common

Jan

4 %c

5.35

•

July

•

Knitting

,

Jan

77c

'

7

81

90c

&

27c

•

common

^

1

1—

—

38'A

5%

„

Mining Corp

Sep

70

-33c

Feb

17c

,

Jun

70c

5.60

common—;—-

Perron

5%

•
'

70c

_1

;

_

People's Credit Sec—

Jan

48c

*

City Petroleum

Feb

4.75

•»

Pressed
Midcon

-

70c

1

—„

Jan

5%

common.

Dec

1.99

Oct

Aug

24c

Light & Power

.

12'Ac

Gas

Nat

Powell
Merrill

1
—50c

Pete

Paymaster Consol
Peace

4.20

—■*

Malartic

Pariniien

Pitch-Ore

Mclntyre Porcupine

21%

Sep

6%c July

121,300

Parbec Mines

27c

Apr

14c

common

50c

9,500

Western

29c

1
—1

10'A

Mar

26'A

1

Frontenac

35c

38,006

6'Ac

.'

'

Tubes

82c

Oct

•

Maybrun Mines
McColl

15c

*

Jan

2.65

1,500

7c

Hershey

Peruvian

Matachewan

2.20

'

•

Ltd

Oils

5,000

7%c

•

Marigold Oils Ltd
Marwayne

4,020

79,300

8c

i

Dec

9c

Apr

CI.21

•

85c

34c

1.43

Dec

7c

85c

1

1.32

9c

3,600

10c

July

23c

43c

Oil

1.30

7'Ac

40c

43c

Paramaque Mines

1,350

9'Ac

Aug

17% May

82

22,500

18'Ac

23

3,275

1.65

9c

i

Nov

94c

4,983,252

10'Ac

22c

•'

2.95 Mar

150

69

8c

,

Feb

Sep

71c

4L400

29c

1.30

1

Sep

1.95
22

9=»

1.37
3.50

8.35

1.65

Gold

21%

1.20
3.50

69

93Ac

875

27,225

13c

Page

6,000

"75TNL2C

_1

Pacific Petroleum

Jan

4c

25

Mar

3'Ac
'

7.90

Pacific

Jan

20%

7'A

23

1,200

8.10

Feb

20%

Jun

3c

4,100

23

15c

2,500

2.10

;•:' 69

2.95

Sep

15%

7'A

4'Ac

2.00

*

1.16

16%

-————1
1

Malartic

Marbenor

1.50

-■

35

13,300 -

17c

4'Ac

'■

1.24

1

Crush

1.33

Maralgo Mines

5c

Mar

Pathfinder

Marcus

3,790

21'A

1
*

upennska Copper Mines—.

12'Ac Sep

—

82c

1.45

Mar

—

Ontario Pyrites Co Ltd
•
Ontario Steel common-———-i-0

625

4C

1.85

23

7,116

—

4%c

3,000

15'Ac

17c

*
—

—-—

18%

Maple Leaf Milling common

8,000

7c

1.70

1.75

-50

Loan

18%

Manitoba & Eastern

9%c 10'Ac

7c

Jan

[15 %

.

17

Goldfields

Malartic

1,000

56c

6'Ac

9%c

•

2.10

Pan

Consol

Magnet

J

G%

5c

:

Club

-1

Madsen Red Lake Gold Mines

Oct

115

4,000

Malartic
Exploration

8'Ac

1.30

*
t"

May

63c

Omnitrans

18%

•

—*

1.05

6%

90c

18%

class A

B

|
|

Feb

Apr

5'Ac

Oils

2,666

-

._1

MacMillan & Bloedel

Mar

10c

46

6,100

jrec

63c

80c

6%

•

3,071

53(y

j

5'Ac

1

1.70

^12%/

Explorations

5

9

6%

—

Jf

1.60

t.

Sep.j

30c
:

5'Ac

Selections

8'Ac:UO %C

1.70

Jun

Aug

22c

,

'A

1

Ltd

Gold

Ogama-Rockland

5c

13c :

3.05 May

——*

—

—

Mines

405

15%

— —

10'Ac

*

Mines

Macdonald
Macile

*

*

Jan
Dec

.1

Mining

Mines

Mines

O'Leary

1

Gold

/

Mar

12'Ac Jan

12c

37

37c

-Oct"

Jan

Nov

8'Ac

37%

Jun

1'

North

Jan

8c

7c

4.25

2.40 Dec

2,400

1,800

—

Dec

11c

1,000
4,525

2.45

Oil & Mines Ltd.
Canadian-Oils.

Feb

10C

54c

*

A

Class B

Lomega

i

Feb A •'

W%
>21c

7%c*Sep

*

12'Ac 12%c

12%c

__1

———

Mining

July

53C 64%c

1

—*

Long Lac

Loblaw

4

.

Jan

8.65 Jan

Dec

3.50

..

.1

—i-—

Sep
-

1

■

Little

1.05

Dec

.

Feb

36c

Dec

2,419

60

19C

59'A

—

Corp

Obaska

Lencourt

2.35 Mar

7%c Dec

5,500

..

18% July
11

Sep

North

"<•

—

8c
70c

9c

.—1
•

Norpax
*

'

>

■;

v

'

16c 1714c

—

20c

—1

1714

-

.-,65c

-1

Lake

17

.-.,7.35

1

Lake

Lake

Nor-Acme

Ltd

1

1

Ltd

Labrador Mining As

'

1.38

Mines

Mines

Nlsto

Feb

2.10
•

Labatt (John)

Nipissing

Feb

50c
-

Gordon

!

1.21

0

com

—1

1

134,458

4c

Oct

14c

Feb

Sigma

5c

500

4c

Jan

12c

Feb

Silanco

Mines

(Quebec)
Mining

1
1

53c

800

4.00

4.35

17,732

23%

l50c

23%

175

5.65

5.65

100

15c

15C

13,467

53c
4.25

Brewery vot trusts

c

,

5.65
15c

47% Mar

26

2.80
43
50 lA

Sep
Feb

1.15

3.80 Aug

5.75
25

5.50

Dec

lie

Oct

Dec
Mar

35c

20

Jan

Jan

Jan

7.75

32c

Jan
Jan

July
Jan

Jan

■'

</
dumber 5287

Volume 179

The Commercial and Financial Chronicle

(41) - 41

CANADIAN MARKETS
RANGE

Thursday
STOCKS

Week's

Range

Par

Silver

Mines

Standard

Silverwood

Ltd

oxmpsons

Slscoe

A

•

—

75c

10

10%

,15

'

!

Stadacona

Ltd

•

Mines

Standard

(1944)

Stedman
Steel

1

Oil

&

Gas

Steeloy

Cons

Mines

Oils Ltd

Dec

47c

22

Oct

43

32,732

16c

2,500

19

19

150

30%

30

30%

1,140

34c

20% Mar

28

Sep

33

8%c

14c

10,400

3%c

Jan

6.75

11,633

5.80

Sep

12%

12%

12 %

100

12%

Dec

Jan

15c

6.40

•

__

'

22c

68,300

1.75

1.81

11c

2,500

15%

15

25

17c

.

1.75

-2,425

101

14c

23c

-16

101

15c

10

'

Iron

Finance

class

A

Dec

87c

Dec

38,500

6c

Jan

20c

116,600

21c

90c

102

n

Corp

Class

class A_

f

Class

B

Oil

;

United

?

Dec

•

1.55

Sep

2.05

Dec

1.46

Metal

Jan

Dec

10c

Feb

4%c

I,700

37%

100

30%

Jun

38% Mar

10%

100

10%

Oct

11

1.90

5,205

4c

1.80

Oct

Toronto Stock
'€)

15c

17c

9,600

18

100

Mines

11c

Jan

24c

Last

Apr

Jan

18

Jan

33

33%

3,424

33%

Dec

32

32

100

26% Mar

32%

Dec

150

20c

1.90

1.80

1.90

45c

43c

46c

20

20%

5,155

35c

8,000

26

34,300

32c

16c

21,017

12c

9c

12c

2.60

2.55

2.65

Oct

51c

1.70

Par
National Z

Andian

42c

Mar

Jan

Anglo

34 %c

Dec

4.00 Mar

Sep

1.55

20c

23c

.15% Dec
30c
Sep

46%

Feb

II,650

10%

150

J

11,500

8%c
2.00

99c

jun

Feb

37c

Dec

10%

Feb

2.85

Oct

17c

Jan

63c

Mar

7

Jan

11%

Pulp & PaperAnglo Newfoundland DevelopAsbestos Corp
_:

1st

9

9

9)4

175

7%

Oct

33%

33%

34%

1,390

25 %

Feb

17c

16c

17c

6,168

15c

Oct

3.45

3.30

3.50

12,180

2.60

Sep

29%

29%

75

12 %

12 %

225

57

58

80

23

23

24

9% Mar
34%

Dec

41c

6.65

7.00

70c

75c

Sep

29 %

Dec

Oct

12%

21%
,

July

59

Apr

Jan

25

July

5% Sep

10%

Jan

80c

6,978

50c

1.11

Dec

75c

136,000

61c

Sep

1.60

Jan

12%

70c

300

11

Feb

15

Sep

1.70

Upper Canada Mines—

1

1.25

1.15

1.27

21,200

05c

Sep

Van

•

4%c

4c

4%c

15,000

4c

Aug

14%

14

14%

J_

3,580

8 %

8%

100

Viceroy

Mfg

Vicour

Mines

Ltd

•

class

A

_„.

Mines

Vulcan

"

.

1

8c

1

1.85

7 %c

13%
8

15c

Jan

Sep

24%

Jan

Dec

8%

8c

3,400

1.87

9,300

30%c

32c

3,000

8.90

9.00

1,865

50%

50%

50%

1,377

"

4.60

4.60

300

1

Oils

33c

34c

8,700

27c

Sep

7c

7c

1,000

5c

Jan

17c

Apr

4%c

4%c

1,000

4%c

Oct

10c

Bulolo Gold Dredging

22%c

15c22%c

12,500

13c

Nov

33 %c

Jun

13'/2c

13c

9,450

13c

Sep

42 %c

Jan

__

1.75

,

G

Waterous
Weedon

&

W*

Equipment

common

Pyrites
Consolidated

West

Malartic

West

Territories

Western

1

:_—!

Ashley

Oil

__

1

Ltd

:




lc

1

4%c
>

Nov

10

28

Dec

7%

7%

1,800

7

Apr

24

24%

645

24

Dec

87

5

6.35

(t-J

Mar

Oct

8

8%

2,950

86

87

145

49 %

& Dominion

Sugar

•

__

Canadian General Invest

•

Canadian

•

Industries

Canadian

Western

common

Marconi

Canadian

Canadian

1

Lumber

*

Westinghouse

49%

25

6.35

6.60

2,600

_

Oct

7

9%

Jan

27% Sep

12% Mar,

85

Jun

98

46%

Jun

49%

Nov

4.80 Dec

7.35

Dec"

Jan,

__

37
__

11%

17

17

23%

23%

37

37%

16

170

"Feb

310
'

21%

Oct

,250

31%

Oct

4.50

4.50

200

3.00

Jun

11%

11%

300

8%

Jun

55%

Jun

18% Mar

25% Mar
Feb

42

5.25 Jan

11%

Nov

1

Feb

•

66

65

66

95

*

40%

40%

42

2,415

0

120

100

120

145

75

Oct

—•

Paper

deHavilland

Aircraft

Dominion

Bridge

International

Paper common

75

73

73

90

69

Oct

83%

Jan

55

3,229

47%

Jun

58

Nov

24% Aug

Utilities

Intel-provincial
Loblaw

7%
5

Utilities

54%
29 %

—0

Inc

Ogilvie
Pato

—

6

Minnesota &

Ontario

Flour

Paper

common

Gold

Consol

Pend

Price

5

—

28%

*

„

.52%,

34% Apr

72

42% Dec
120

Dec

29

29 %

1,245

5%

5%

3,429

34%

34%

120

27

Oct

38

__

Jan

27%

28%

725

24

Feb

31

Nov

31

31

50

30

Jun

33

Aug

7c

1.37
.

30c,

Petroleum

8%
42
4.40

16c

3.50

3.80

325

3.95

3.95

4.00

1,400

32%

32%

32%

515

40c

40c

1

T*

—

Bros

1
•

Dredging

Oreille

—

__

*

Thrift

Stores
Consolidated

1

—

2

Yukon

Sep

15c

Jan

3.25

Jan

30% Dec
5%

Dec

__

50c

3.45

3.15 Nov
3.70
28

700

Sep

Apr

4.00 Oct
6.50

34
45c

40c

Jan

22%

23

125

13%

Jan

23%

50c

52c

19,448

46 %c

Dec

69c

Jan

Mar
Jan

Oct

July

Feb

Apr

Sep

95c

Dec

12%

Jan

Jan

51

FOOTNOTES

Feb

Dec

Nov

4.60
67c

a

Odd

,

lot

sale

d Deferred

e

(not Included In

fFlat
r

Cash

delivery sale (not included

year's range).

Selling

ex-inter*st.

price.
sale

CANADIAN MARKETS

t Ex-liquidating

year's range).

Dec
Mar

FOR OUT-OF-TOWN AND

No par value.

in

Wekusko

7

22

8%
,

High

100
151

1

Feb

_1

Amulet

Walker

24%

*

•

Waite

7%

•

Low

8
25

-

Sep

9.00

Violamac Mines

*__5

• "

preferred

Southwest
Cons

25

Jan

Sep

12%

Roi

7%

25

Dec

61

2,265

70c

4.85 Mar

10%

12%

Ventures

7%

Range for Year 1953

High

May

27

260

6.85

Shares

*

1

—

preferred

2nd

for Week

Nov

1

_•

Jan

Sales

Range

Low

Jan

___*

;

Week's
of Prices

'

*

Canadian

Brown Co common

Sep
Jan

1.51 Sep

9,080

1

Steel

Jan

1.75i

Canadian Fonda

Thursday
STOCKS

2.25 May

16

249,767

25

Oils

United

1.051 Sep

Mar

13c

Exchange - Curb Section

;a

Dec

34c 34 %c

57

Jan

47c

Jun

1.08

Dec

*

22 %C

Dec

'

-

Jan

1,200

•

Montauban

United

*

1

Mines

Aug

__

Sep
Sep

5c

Jan

19

23c

7c

Feb

49C

14%

33c

1.58

July

Apr

20%

Dec

Oct

Jun

*

Aug

140

Jun

•

Jun

22c

5,000

15%

__

1.55

Dec

100 %

22c

12

50

preferred

3,500

Jun

18c

81c

__

United Keno Hill

21c

2,500

6c

5c

22c

100

*

United Fuel A preferred

7,800

7c

2,700

1

2,010

.

1

B

30c

30c

Canuck

International
United

28c

«

Jun

100

•

United Asbestos

4,150

7c

.

Jan

2,600

9

.;

___—

1.60

5c

*

59c

17

•

Gas

Mining

1.55

Mar

'"8%

Oct

Oct

13%

1

Preferred

8c

1.58

}■

1

Consolidated

Union

6c

14c

Dec

5% Apr
96

lie

24c

•

Union

7%c

6%c

16,498

1.10

•

common

25

Dec

Jan

Jan

•

AcceDtance

4,075

99

'

>•"'

„

Gold

Canada

Union

3,000

8%C

99

May

13c

16%

13

97%

•

Tungsten Corp

6%c

8%c

Feb

17c

lie

17

__

"

Oil

6%c

99

12 %C

5%c Jan

lie

13%

__

__

Triad

24,000

i

49c

*

Petroleum

500

8%c

Yukeno Mines

1.50

^

Trend

7C

8c

8%c

•

98% Aug
1.14 Jan

Dec

7C

Jan

29c

*

6C

I.

.

Sep

6%c

—1

Gas

Dec

35c

8c

preferred— I—III100

Wright-Hargreaves _'.

July

2.92

1.37

«

Trans Mountain Oil Pipe Line
Transcontinental Resources

Mines

Central

Electric

*

7c

35%

26% Jan
91% Feb

190

49,500

6,100

45c

Warrants
Trans Empire Oils
Trans Era
Oils

Winora

Gold

&

<

Jan

1.20

1.48

*

Class B

1

Larder

51

96
65c

60c

4.35

45c

1.12

%c

/

4,300

35%

,

95%'

65c

Dec

Dec'

1.12

1

;

~96

1

Jan

4.15

1

1.83

17c

1,700

Yellowknife Bear Mines

1.85

17%r

A

1

Sale Price

»

Works-class

■

6.85

"

Dec

12%

10%

:

Elevators

Toronto

,

Jan

Dec

Dec

Yankee

_*

Toronto

1

1.66

Yellorex

37%

1.87

II

Sep

Feb

21c

__

1

65c

35%

Feb

9.75

1.O8

37%

4.60

Aug

1.80
„

4.15

63

Oct

66c

•16,000

Feb

33

Zenmac

11c 22%c

1.8O

70c

35%

"IIIIIIoo
-t

1

Winnipeg
Winnipeg

Jan

60c

High

46%

200

62c

Winchester
Windward

Dec

79

33%

•

common

Petroleums

Dec

16%

Low

63

33%

—

""—""III

Wiltsey-Coghlan

Feb

10c

6.60

*

(Geo)

Dec

1.85

.

Preferred
Wilrlch

Mar

Dec

25

95c

61%

4.60

-

Range for Year 1953

High

67c

•

Ltd

Sales

-

Jan.

78c

42%

78c

4

Silver, Mines

Traders

Tungsten

45c

—.1m

10C

Leaseholds

Sep

36

*

common

Gold

iurbnt

Western

Jan

Low

—

Western

12c.

42%

* i4%c

81%c

1

Tailors_

Tombill

14,810

for Week

V

common

Homestead

Weston

17% May

•

Thomson-Lundmark

Top

Dec

25c

25c

Gold

Taylor, Pearson Pfd
Teck-Hughes Gold Mines_

Tip

29%

1,100

*

Industries

Ltd

20% Jan

5,500

50c

Tamblyn

Jan

26c

River

Taku

1.15

20c

Shares

Range

'

Aug

68c

21%

100

Grass

July

25c

1

.Preferred

Sylvanite

45c

140

20%

_____—1'

Sun inlet

Sweet

Oct

:*

Supertest (ordinary)

Switson

31c

7,000

15c

Western

J

_

Mar

-

*■>

Contact

Sullivan

5,665

1

•___.

common

Sudbury

44c

26c

•

„

Mining '_
Oil

17

.21%

1

Steep Rock Iron Mines
Stuart

11

Feb

62c

*

Canada

Jan

12%

29%

1

Bros

of

9%

1.614

Grocers

Class A

Jan

15 %

29

d

Ltd

Gold

Jan*

1.75

•

Preferred

Olsen

Dec

»

Paving common

Sitiiiweii

Starratt

65c

1.15

of Prices

Last
Par

525

56c

15%'c

July

Wcek'a

Sale Price

High

-

62c

0

Oils

50c

3,100

41c

__

apooner

Thursday
'• >

STOCKS

Western

33,464

41c

1

Co

1

0

Low

85c

65c

15 %

1

Valley

Southam

10%

.

JANUARY

Range for Year 1953

High

8?c

75c

*

Gold

Souris

85e

50c

class

Dairies

Shares

Low

1

Mines

WEEK ENDED

for Week

of Prices

Sale Price

Silver-Miller

FOR

Sales
v

Last

wd When delivered,
wl When issued,
x
u

(not

included In year's range).

dividend.

(Un) Admitted to unlisted trading
privileges,

z

Ex-dividend,

Ex-rlghts.
Ex-stock

i

N

dividend.

V

42

The Commercial and Financial Chronicle... Monday, January 4, 1954

(42)

OVER-THE-COUNTER SECURITIES
Quotation for Thursday, December 31

Investing Companies
Bid

Par

Mutual Funds—

25c

Aberdeen Fund

1.00

91c

1.25

3.98

Johnston
Fund

5.24

4.34

Business Shares——1

Affiliated Fund Inc

Inc—1

11.58

4.26
12.59

Axe-Houghton Fund "A" Inc—1
Axe-Houghton Fund "B" Inc—5

9.33
18.00
2.96

Fund

Mutual

American

Axe-Houghton Stock Fund Inc-1

.

Blair
Blue
Bond

Boston Fund

(Investment
(Medium

B-3

(Low

B-4

(Discount

1

23.50
8.18

8.84

5
1

21.72

23.48
25.29

Bullock Fund Ltd-

23.08

9.26
12.05
16.96
18.34
———
—1
19.44
21.02
Christiana Securities com—_10o 7,350
7,550
preferred —
100
132
137
Commonwealth Investment
1
6.63
7.21
Composite Bond & Stock
Fund Inc
1
15.09
16.40
Canada

Inc__—1
1

Fund

General

Fund

Canadian

Inc

8.57
11.14

1

:

12.35
1199
28'/a

1|
Consolidated Investment Trust-l
Fund

Concord

Inc

De

1
1

37.99
15.56
5.22

9.37

(Low

31.17
24.04

20c
5

:

Industrial Fund Inc_l
10
Founders Mutual Fund
*
Franklin Custodian Funds Inc—
Preferred stock series
lc
Common stock series
lc
Fundamental Investors Inc.
2
Futures Inc
1
First Boston Corp-

.

3.29

3.75
5.51

4.53

4.99

lc

4.06

4.47

Inc„ 10c

7.70

8.44

19.53

21.11

1

14.38

1

t7.53

Bond

Income

18.65
2.64
35 >/a

Series

100.27

1%S

100.7

Dec.

1954—

15,

15,

l'/aS March

1954

15,

1955

99.24

8.82

X6.33
6.22
19.02
!-96

6.94
6.83
20.84
2-13

97.16

Federal Intermediate Credit Bank Debentures
Bid

Ask

6-

1-53

3-

1-54

bl.80

1.50%

2.70%

10-

1-53

9-

1-53

3-

1-54'

bl.85

1.60%

2.35%

11-

2-53

Dated

i«i«

Due

Rate

Dated

Due

Bid

Ask

"6- 1-54

b2.00

1.75%

2-54

8-

b2.05

1.80%

1-54

b|1.90

1.65%

2.25%

12-

1-53

9-

1-54

b2.10

1.85%

5-

3-54

b2.00

1.70%

2.15%

1-

4-54

10-

1-54

b2.10

1.90%

X9.07

9.91

X6.55

7.16

1

Series

7.32

8.00

1

4.57

4.99

1

X3.26

3.56

1

5.00

5.46

1

10.55

11.53

Inc__lc

3.90

4.27

Series

Growth

—

———

Slock

Series

Resources

Natural

Resources

Fund
of

Fund Inc

Bid

Jan.

Canada
2.59

2.84

1

17.37

18.78

5.25

5.75

England Fund

7.

28.15

bl.10

0.75%

25,

12.87

13.92

5.68

Shareholders Trust of Boston-

25.51

27.57

7.59

8.32

Sovereign

7.79

8.53

lc

8.40

9.21
9.47
9.67

State Street Investment Corp_

62.00

65.50

Stein Roe

22.44

22.67

9.23

14,

1954

bl.20

0.80%

21,

1954

bl.25

1.00%

March

Jan.

28,

1954

bl.32

1.20%

March

18,

Feb.

4,

1954

bl.40

1.30%

March

11,

1954

bl.40

1.30%

April

Feb.

18,

1954

bl.42

1.32%

bl.42

25, 1954

Ask

bl.42

1954

Jan.

1.32%

1.32%

14.32

Shares—.—2

shares.lc
shares—lc

8.64

6.03

6.62

lc

6.59

7.23

7.98
5.53

8.75
6.07

lc
lc

6.61

7.25

lc

2.73

preferred

Petroleum

lc

3.98

4.38

7.40

8.11

6.67

—lc

3.99

7.32
4.39

lc

7.29

7.98

1
Inc—1

10.45

11.42

—

&

Pine Street
Pioneer

March

1954

4,

11,

1954

bl.40

1.32%

bl.42

_

1.30%

bl.42

1.34%

bl.44

1954

Trading

Fund

Fund

.

Inc

Inc

;

Fund

(Geo)

Common

Fund

Stock

Amer

1

Investors
& Farnhain Fund—

Television-Electronics

Fund

United

United

Income

United

Fund

Science

100

Value

Bk

6.48

13.11

6.36

5.99

Line

Income

-

6.55

Fund

Inc.

4.97

4.55

7.78

14.37

Investors

1.38%

54 Va

48

49%

44 Vz

47 y2

9.76

Whitehall

Fund

Wisconsin

Investment

Unit

Type

Inc

18.95

20.49

4.05

—

Co

21.78

4.38

Trusts—

Diversified Trustee Shares—

1.19

1.31

15.20

16.63

Independence Trust Shares

Investment Co of America——-1

11.56

12.57

North

E

11.25

9.85

il

Shares-

Trust

16

72
121

126

Co

Federation

N

Bank

National
the

Y)

10

24%

26%'

—10

&

36Va

38'A

Trust

100

Franklin

Square

(The)

-10

20

Irving Trust
Kings County Trust
Long Island Trust

National

Brook

1955

1

5.63

New

1956

1

2.64

Public

Trade
Par

Home

_5

56 Va

58 3

-10

94'A

97 V,

29%

3134

Jersey Insurance Co of
Lincoln National Life

-10

36

38

Maryland

4

47

49

28%

—

American Alliance

American

Automobile

American

Equitable Assur—.

American

Fidelity & Casualty_5
(Newark N J)_.-2 Vz
Re-insurance

American

Surety

N Y„lo
10

new.1—5

30%
23

.

19

21

Merchants & Manufacturers

-25

60'A

62 Va

National Fire

84 Va

88 V2

National

54 Va

58

New Amsterdam

5

33 Va

35%

New

Hampshire Fire

24 7

New

York

Bankers & Shippers

Co

..

5

Fire

Connecticut General Life

Casualty

-

23 V8
219

10
10

Co__

*

_

Fire

47 V4

Northern

Pacific

Fire

52 '-'a

Pacific

Indemnity

4

30

—10

Md
Philadelphia

& Deposit of

104

—10

(San Fran) —10

Firemen's of Newark-

_—5

71 Va

31 Va

111
73 Va

Peerless

Casualty Co

Phoenix

Providence-Washington

65 Va

Reinsurance Corp

(NY)

39

41

Republic

62 »A

64 Vt

St

Globe &

Republic

14 Va

1534

Seaboard Surety Co

Globe &

Rutgers

5

36

38

Security

5

41%

4334

Springfield Fire & Marine

Fire—1
common

3234

Paul

34%

Standard

Gulf Life (Jacksonville, Fla.) _2 «/a

21

22 Va

39

41

U S

&

Marine

(New Haven)

Travelers

Hanover

—

Fire

_

—10

Hartford Fire

—10

174

179

Hartford

—10

47

49

Steamboiler




4

20

U

S

Accident

Fidelity

32

53%

52
113Va

116Va

Trust-17Va

48%

50Va

2

&

4%

5Vs

26V\

10
25
Co

133

10

18

100

Trust

281

28
138
19 Va

291

City Nat'l Bank and Trust
Continental

934

&

70

25

,

185

16

49Va

51

10

36 Va

38

10

43

45

25

35%

37 Va

City Bank

32 Vz

Bank

of

Commerce

200

Detroit
National Bank of

Jersey

Detroit

City

First National Bank
Los

Angeles

Security-First National

25

122

125

100

345

365

Pittsburgh
Mellon

Nat'l Bank & Tr

Peoples 1st Nat Bank & Tr

20

43%

45 3A

12y2

47'A

49

National Bank_20

73 Va

Portland

National

United States

Bank

Va

St.

Louis

Amer

Exchange

Boatmen's

89Va

Nat'l

Bank—20
Bank

37

39

£0

49%

53 3A

17

National

First National Bank

5334

563A

27

30

Manufacturers Bank & Trust_20

Mercantile! Trust
Mutual

St.

Co

25

Louis

Union

Grove

Bank
&

60

20

Trust

43

25

Bank & Trust

613

&

Trust—20

100

51'A
63

4

155

65 3A

60

Trust

VA

165

73

86V2

Recent

10%

Bank

Francisco
of Amer N T & S

A__6.25

343a

36'A

Security Issues

2

46 Va

48 Vt

Col

Elec 3%S—1983

103 Va

104

10

44 Va

46 %■

Commonwealth Edison 35/8S_1983

104'A

104 34

22 Va

29'4

834

9%

Sou Ohio

&

Ask

Bonds—(Cont.)

59 Va

Natural Gas 4s
Tenn. Gas Trans 5s

69%

5

1838
101

19%
lOo

10

27Va

2

834

_12 '/a

10178

102'A

10234

100

100 %

Motors

States

Central

Illinois
Iowa

3%s

3V2S

Power

Power

RR

&

Lt

1984

El

Paso

Nat Gas

England

4.60%

103'A
102

103

Tenn

5.65%

10

35

4911

103

104

100

99

Va

5.85%

preferred

100

100%

100%

Texas

103 Va

104

Power

4s__1983

103 '/a

10334

Pacific

4s

1959

101%

102

100'2

•

103 Va

—

105 (a

501

a

Elec

$4.84

Finance

Serv

$4.64

pfd

preferred

Worcester

FOOTNOTES

52 Va

•No

860

67

69

3

2

38 Va

25 V4

40 Va

263/4

101'/a

Texas Power & Lgt—

51 Vt

10

100 Vz

Gas Transmission—

County Elec—
preferred

37

10

pfd_l00

103%

1983

38 Va
44

101 =

Power—

Mountain States
a

101%

preferred

Long Island Lighting 3 V2s—1983
Powrer 3%s
1983

41

104

1973

1983
3%s

Monogahela

49

361

104

103 Va

Stocks-

New

Illinois

29 Vz

10

103»A

1037/g

101'/a

3%s

Power

87 Vz

66 3 4

1983

Corp 3V4S
1979
Utilities 33aS—1983

Asl

1973
1973

4s

Florida
General

Gulf

84 Va

10

Bid

Southern

24

275s

Bid

Bonds—

42%

840

Westchester Fire

31

50

San

Trust—33Vz

8014
-

100

Fire

Bank

20

Illinois

National Bank

78 'A

& Guaranty Co__2

:

National

National

United Bank

40%

-10

(Texas)
Fire

Central

267

15

61 Va

29 Va

445

100

253 *

10

28

395

420

Co

46 Vz

Vz

10

Co

General Reinsurance Corp— —10
Glens Falls
-5
—5

24VA
44

12.50

53

380

Trust

50 Vz

5

50

Savings Bk__100

&

268

29 V*

2.50

Northeastern

51

—

27 3 4
47 v2

3.33 Vh

North River

99%

45 Va
■

Casualty

10

Assoc

Employers' Reinsurance :
—

8

224

259

10

Fire

Union

96 Va

—10

Crum & Forster Inc

38

Ask

262

Cleveland Trust Co

Tower

198

5

10

—

84 V»

35

5

—10

—

_

82 y4

193

Bid

100

Cleveland

First

29 Vi

20

41

1

Merchant Fire Assurance

64 Va

100

27 Va

Va

62Va

Chicago

39

Harris Trust

Northern

Bank

24 Va

Ask

10

Casualty- common

$2.10 prior preferred
Massachusetts Bonding

213A

Ins Co

American

Insurance Co of North Amer—10

26

5

-

4

Bid

1,630

22

25

Bank

&

24 Va

23

1.580

Bank

National

United States Trust

-10

Insurance Co

Bank

33

20

Trust

Nat'l

31

10

Sterling National

Ask

National

67 Va

103 Va

10

City Bank

Yoi-k

Series

Agricultural Insurance Co--10

Aetna Life

65'A
100 Va

100

of Freeport
Morgan (J P) & Co Inc

Series

135

51

Industrial Bank of Commerce.lO

12.38

131

48

T20

Bank

State Bank of Albany

& Surety

392

10

Guaranty Trust Co

17.09

Bid

380

Y

N

Rye National Bank

Par

Par

■

Bank

City of N Y

Franklin National Bank—

11.33

Companies

First

Union

Plains

Trust

Fiduciary Trust

16.74

Insurance

'

75

10

Trust

Meadow

2.50

.

Amer

6%
63 Va

Manufacturers Trust Co

lc

Series

Tr__25

&

Trust

10.47

19.97

—10

6'4

(White

Of

Companies

47 Va

61%

Hanover

Fund

391

45 Vz

10

Empire

8.47

14.08

379

52Va

Trust

&

5.82

Van Strum & Towne Fund Inc

14.91

&

40Va

15

State

4.77

38%

Exchange Bank & Trust_20

First
Value Line Fund Inc

/

1

1954

Ask

—10

«,

Bank

Washington Mutual

of Boston—1

Co—10

York

Commercial

12.06

Shares-

Fund

12.88

97c

Bank of New

Continental

5.96

12.05

88c

Manhattan

5.64

4.36

26.71

13.64

the

Bankers Trust

County

New common

United Continental Fund

11.91

2.05

of

14.80

Accumulative Fund

11.69

11.19

Bank

Corn

25.93

1.88

1,

Chicago—(Cont.)—

5.16

Inc

Bid

•

York—

13.58
Fund

1

10.35

Par

New

Chemical Bank

Inc

Texas

-1

Investors Management Fund

Bank & Trust

Chase National Bank

Wall Street Investing Corp

Institutional Found Fund

—_v_

Scudder,

3.01

shares —lc

—

Bid
Feb.

Jan.

28.15

14.32

shares_lc

old

Ask'

;

1954_j

Feb.

lc

Pacific Amer Investors com—10c

New

United States Treasury Bills

Scudder, Stevens & Clark—

lc

common

98.4

99.26

19.47

Incorporated Investors
1
Institutional Shares Ltd—
Institutional Growth Fund_lc
Institutional Bank Fund—lc
Institutional Ins Fund
lc

New

98.24

97.28
97.8

4-

18.01

shares

American

98.16

1958
1958

99

3-53

1

Income Foundation Fund Inc_10c

Great

98.24

1-53

Stevens & Clark
Fund inc (net asset value)—*

20.67
65.20
5.85

shares ——lc

Fund

102.21

8-

Wellington Fund

Firemen's

1,

99.4

98.28
102.18

l'/as April 1, 1957_ •
l'/as Oct. 1, 1957—

1,

99.12

99.4

1956

1, 1956
27/8s March 15, 1957

19.52

Mutual Fund Inc

of

1,

l'/as Oct.

7-

17.96

Companies Inc
Industry Shares

Assn

April

99.30

2.90%

2.50

Hudson Fund Inc

Fire

l'/as

<3

99.28

1955

3.00%

14.75

Tobacco shares

Fidelity

l'/aS Oct.

Notes—

March

15,

12.71

32

shares

Federal

l'/as April

100.11

100.26

Dec.

16.41.

26

shares

Employees Group

100.9

100.9

-

-

Notes—(Cont.)

l3As

11.76

14.44

shares

Continental

100.29

Treasury

2%S Aug. 15, 1954
2%s Sept. 15, 1954

Treasury

Ask
100.15
100.9
100.19

Ask

Bid

Maturity—

Bid
100.13
100.7
100.17
100.24

—

15.29

25

shares

Camden

113 Va

1
1

.—-

Stock

Stock Series

Putnam

Bond

Insurance

112

1961

_

1

24 Va

Equipment shares

Boston

100.16

1

Corp

1

Company

Automobile

97.4

100.8

Canal 3s

Panama

2.75%

11.03.

10.15'

—1

5

Petroleum shares

Amer

100.10

Indebtedness—

of

15, 1954
2yas March 22, 1954
2%s June 1, 1954

12.27

1

.

Natural

Industrial Machinery

Aetna

1958

100.4

2y4s Feb.

v"""" J

•;
—

Speculative Series
,

administered shares—lc

Aetna Casualty

1,

100.4
100.8

8.27

12.27

Corp—

Fund

Preferred

5.17

Trust

23As May

100

96.28

15.63

Inc

Balanced Series

lc

Investment

1957-55

30.75

5

shares

Guardian

100.14

1,

99.30

18.25

28.60

Inc—

Fund

Investors

Selected

Growth

16.88

interest—*

value

Balanced

5.16

Growth

100.21

100.8

1955-54

Fund—

Wide Securities—

4.70

shares

Life

beneficial, iu terest

Equip shares—,—lc

Utility

100.17

1956

1,

2.50^

Of

Nation

9.18

stock

1955

1,

100.2

Maturity—
Certificates

lVaS

.1

Net asset

9.97

Railroad

interest—_1

beneficial

invest

8.38

Steel

Trust—

Mutual Fund of Boston

Mutual

9.10

Bond

Fund

Investors

Inc

Building shares
lc
Chemical shares
—
1c
Common (The) Stock Fund_lc

RR

1,

May

U. S. Certificates of Indebtedness & Notes

Investors Growth Stock

7.49'1
10.68

Railroad

Bond

beneficial

of

6.83
9.75

Priced

shares

shares

lc

Mining

-—lc

lc

lc

Merchandising

Metals

5.00

Aviation shares

Bow

3.93

3.40'

Group Securities—
Automobile shares

Investing

3.57

2.93

$1.50

Corp
Investors Trust

bond

lc

lc

19.12
60.64
5.38

Capital

Institutional

Feb.

2%s

l3As Oct.

2%s June 1, 1954
23/aB June 1, 1954

36.79

2.88

1
1
1

Industries Fund Inc

General

36.79

4.80

Massachusetts

5.17

2.40
33 Va
8.11

Financial

Fully

•

2.61

Ctfs

33.33
25.70

4.99
17.25

1
1

—

Equity Fund Inc ----Fidelity Fund ihc_——

Food

23As

100.3

National Security Series—

Fund

Electrical

100.7

100.10

6.58

4.36

Steel

Howard—
Fund

General

100.4

100.5

10.35

Equipment shares-lc

National

General

100.14

100.8

Funds-

Manhattan

-

Bonds—

1954

6.17

9.47

(Net Asset Value)

Massachusetts

10.89

-

1

Dreyfus Fund Inc

Gas

5.63

Petroleum

7.97
7.15
2.02

10.02

25c

Dividend Shares

&

X6.02

1

25c

—

Non-Ferrous

5.72

7.27
6.52
1.84

—1

Stock Fund

Balanced

Com Stks)_l

Paper shares

38.37
17.10

2'As Feb

1,

100.1

Mutual Trust Shares

Diversified Investment Fund_l

Stock

Priced

Electrical Equipment shares_lc
General Industries shares—lc

10.04

Bank

Land

Nov.

100.7

1954

1954

17, 1954
Central Bank for Cooperatives—
2yas Feb. 1, 1954

Loomis Sayles Mutual Fund—

Business

13.42
12.96
30'/a

15

15,

2'/as

8.51

Automobile shares

Diversified Growth

Baton

12.57

t8.58

Com

Mutual. Shares

Inc—
common stock™1

tll.51
t7.80

Managed

Funds

Diversified

8.54

Stocks)—1

Units of

value
Fund

Diversified

18.46

t7.82

S-4

Fund Inc—

Met asset
Delaware

9.94

2.10s May

(Income

Fund

1

value

11.28

16.92

Lexington Trust Fund

Vegh Income Fund Inc—

Net asset

2%s April

Federal

1954

15,

19.06

(Speculative Com Stk»—1

Mass

De Vegh Mutual

(High-Grade

March

26.46

Stksi-1
Com Stki_l
Pfd

2.75s

27.58

10.34

Ask

'

24.26

1

100.5

Bid

Ask

100.3

Banks—

Loan

Feb.

26.42

Stocks)—1

Pfd

Bid

Home

2.75s

X17.47

S-2

-

Fund

Composite

Figures after decimal point represent one er more 32nds of a point

30.72

S-3

1

Trust

Century Shares
Chemical Fund

30.12

1

Bondst-

(Speculative

S-l

1

Bondsi-l

Bonds)

Knickei'oocker Fund

Corp

Invest

20.95

Ask

Federal

Bonds)

Grade

Priced

(Income

K-2

8%
238
10.27

10c

Inc

Bowling Green Fund Inc—
Net asset value
Street

l7/s
9.45

*

1

B-2

22.53
25.41

America

of

Tr

Inv

Broad

8

Bid

Mutual

Inc

B-l

K-l

1
Holdings Corp
1
Ridge Mutual Fund Inc__ 1
Corp

Beneficial

(The)

Par

Keystone Custodian Funds—

10.09
19.57
3.23

American

Obligations of Government Agencies

Mutual Funds—

Ask

b

par

Bid

FOR

value.

yield

price.

»

100

OVER-THE-COUNTER ISSUES
t

,

,k admitted to listing on the New York
Stock Exchange.
\

-

4.44%

x

wi

New

stock,

Ex-dividend,
When

issued,

-

y

Ex-rights.

99 Va

100'A

Volume 179

Number 5287

The Commercial and Financial Chronicle

...

(43)

wee*. r,iiaea

THE COURSE OF BANK CLEARINGS
Bank clearings

this week will show

liminary figures compiled by

based

us

decrease compared with

a

a

1953

Pennsylvania—Altoona

—

.

V

1,525,763

Bethlehem

clearings for all

5.8% below those of the corresponding week last year.

$16,985,346,995 against $18,028,958,807 for* the

Lancaster

there is

loss for the week ending

a

1951

1950

$

t

'

-

+

0.5

1,860,111

+ 22.2

2,202,378

1,551,669

+

3.1

1,091,502

3,931,634

4,098,435

1,105,000,000

2,814,320

Scranton

At this center

1,518,672
1,710,888

952,000,000

Philadelphia
Reading

.

Our preliminary total stands
week in 1952.

same

or

-J

1,919,714
1,600,114

Chester

cities of the United States for which it is possible to obtain weekly clearings will be

at

Inc.

Dec. %

Third Federal Reserve District—Philadelphia—

telegraphic advices from the chief cities

upon

of the country, indicate that for the week ended Saturday, Jan. 2,

uec. 26

1952

■1*

Pre¬

year ago.

3,784,205

949,623

4.1

3,357,892

3,423,029

942,000,000

967,000,000

—25.6

2,721,060

3,143,958

6,473,430

—11.8

5,405,752

2,417,348

5,207,21(5

3,212,759

—24.8

2,514,295

7,228,083

.

2,800,355

+ 12.4

4,797,850

4,682,25*

11,880,506

-

-

13,829,070

New Jersey—Trenton

the week follows:

1,853,75*

1,345,76?

—13.8

—

Delaware—Wilmington

Our comparative summary for

;

1

5,709,892

Wilkes-Barre
York

Friday of 7.8%.

43

6,430,521
12,055,921

+ 14.7

9,643,984

10,184,246

12,758,441

—20.2

9,781,353

1,003,160,184

1,158,594,971

—13.4

985,376,177

8,009,736

'

CLEARINGS—RETURNS

BY

TELEGRAPH

Week Ended Jan. 2—
New

1953

York

%
—

7.8

908,924,691

—

7.8

935,000,000

Boston

1,052,000,000

l__

—

—

317,800,000

—

—

—

437,139,328

—

Baltimore

255,354,266

.

255,103,196

+

+

0.7

190,319,043

204,884,568

423,865,371

+

6.7

394,365,645

38,963,500

419,533,655

37,139,900

+

4.9

Mansfield.,
Youngstown

+ 90.7

33,260,500
4,371,495

33,672,100

11,612,362
12,044,106

11,702,941

2.9

9,314,171

10,988,342

420,347,218

—18.9

359,084,449

345,562,089

1,120,395,437

3.8

997,580,136

1,027,774,69#

3,684,854

—35.7

'

,

Pennsylvania—Pittsburgh

0.1

„

.

Total

Ten

4
-/

•

cities, five days

Fifth

$13,113,518,635

$14,160,127,243

—

7.4

3,065,462,688

3,095,065,252

—

1.0

Total

$16,178,981,323 $17,255,192,495

all cities, five days

All cities,

—

6.2

!

day

one

806,365,672

+

cities for week

+

1.7

6,864,833

8,090,47#

5,043,466

Federal

Reserve

Disttlct—Richmond—

;

Richmond
•

•

2,368,834

3,440,670

2,680,74ft

18,248,000

17,460,000

+

4.5

14,850,000

153,571,324

South

+

147,628,187

+

4.0

151,809,649

i2-,8io,oee129,933,378

+ 11.5

Carolina—Charleston

4,166,091

3,737,058

270,519,078

298,775,305

91,185,420

90,869,803

540,058,747

Maryland—Baltimore
.

562,155,207

District of Columbia—Washington

.

+

0.3

3,767,003
172,691,143
91,418,493

3,507,047
222,343,063
81,400,469

—

3.9

437,976,958

452,674,703*

—20.4

21,181,032

—

9.5

5.8

773,766,312

$16,985,346,995 $18,028,958,807

1,078,188,539

Virginia—Huntington

Total
Total all

-

4.2

—

(7 cities)

Virginia—Norfolk

'

Other cities, five days-

340,734,655

^

West
«

6,089,823

—

2.3

*360,000,000

.

,

4.6

427,288,188

7,695,767
213,554,417

452,269,086

3.6

377,529,903

,

4.6

470,021,515

7,564,830
*215,000,000

Coiumbus

9.1

.453,291,000
„_

._

1,010,296,335-

Cleveland

•Cincinnati

6.6

355,732,464

305,200,000

Francisco

Pittsburgh _J
Cleveland

568,783,355

323,385,600

City

Louis

cities)—

Ohio—Canton

—11.1

531,427,228

Kansas

(11

Fourth Federal Reserve District—Cleveland-

$9,417,092,791

83'/,625.701

1

Chicago

San

1952

$8,684,946,652

Philadelphia

St.

Total

(6

cities)

'

7'Estimated.

■

Complete and exact details for the week covered by the foregoing will
in

issue of next week.

our

We

cannot furnish them

today, inasmuch

Saturday, and the Saturday figures

Accordingly, in the above the last day of the week in all
In the

Dec. 26.

For that week there

week in 1952.

same

this

center

Federal

was

a

showing

Reserve

13.1%.

We

Reserve

the

group

and

cities

District

Total

gain of 0.9%.
Kansas

and

in the

The Chicago Reserve

a

we

note that

in

are

In the
1

of

following

—19.2

* 4,651,380

3.6

112,014,651

3,548,79#
99,016,774
115,753,882

4,863,592

3,922,411

127,862,416

+ 18.4

112,469,167

8,084,140

+11.7

6,743,393

678,309

—33.0

637,139

508,664

144,401,160

+23.5

127,513,586

124,611,154

875,358,384

846,074,229

+

3.5

747,174,145

699,364,651

+

+

6,495,353

falling off of 2.2%,

smaller by 3.8%

suffers

a

loss

of

a

an

decrease of 9.4%

1 520 316

1L805*334
5,003*274

8,741,003

—19.1

4,848,852
7,824,173

64,950,000

—12.9

63,619,000

8,842,912

—

2.7

7,921,082

—10.9

3,335,001

Moines

3,744,303
83,580,678

8.2

4,352,147

—20.1

4,163,170

.+ 14.1

5 921 72T

62*477*000>
lo',642 37T

3,948,807
70,759,892

3,476,709

30,848,561

+

4,118*811
307*015
4 211*369
36*,041*00f

75

32,174,135

+23.2

1,250,235

1 241 046-

815,992,365

4.5

724,606,868

4,541,438

850,474^660

3,337,066

+36.1

3,090,168

4,082,570

9,957,848

Peoria,

6.1

1,063,989

778,944,054

Decatur

13,012,570

1,310,199

Chicago

28,207,161

12,222,595

City

Illinois—Bioomington

and in the San Francisco

1,315,845
10,237,305

1.4

90,437,205

Wisconsin—Milwaukee

increase of 3.5%, but in the

0.7

+12.4
+

8,608,378

Haute

Iowa—Cedar Rapids

a

5,967,399

7,072,411

Bend.-

Sioux

1,746,270
11,738,840

56,597,000

Wayne

Indianapolis
Terre

the

and

1,758,222
13,197,906
6,052,183

South

and in the

3.6%

District—Chicago-

Arbor

Rapids

11,645,783

—

15,063,365

15,442 864

—14.5

10,563,424

11,377,213

7,931,972

8,927,992

—11.2

5,785,217

5,909 078

3,390,102

4,004,896

—15.3

3,599,071

3,706,970

1,041,007,358

1,079,855,374

3.6

969,445,035

1,109,282,683

—

3.8

+

Rockford

Springfield
"

we

furnish

a

'

.

u

1st

Boston

12 cities

2nd

New

11

3rd

Philadelphia

■

■

OF BANK

.

1952

$

Inc.

1950

$

652,172,516

—

7.5

604,955,206

**

'48,859,592,867

9,054,270,395

—

2.2

8,907,797,951

9,010,289,512

"

1,003,160,184

1,158,594,971

—13.4

985,376,177

1,010,296,315

M

1,078,188,539

cities)

.

Louis

287,000,000

—

Total

(4

298,300,000

265,300,000

.

198,510,566

185,474,957

7.0

173,260,390

A

80,582,515

102,446,597

—21.3

104.387,915

1,844,294

2,337,850

—21.1

567,937,375

588,559,404

Kentucky—Louisville
Tennessee—Memphis
Illinois—Quincy

604,801,528

1

4th Cleveland

Missouri—St.

$

11

York

(17

Eighth Federal Reserve District—St. Louis1951

or

Dec. %

603,099,179

7-

Total

,

CLEARINGS

1953

$

•

Week Ended Dec. 26—

by Federal Reserve Districts:

summary

SUMMARY

cities)

1,120,395,437

—

3.8

997,580,13G

5th

Richmond—..

6

"

540,058,747

562,155,207

—

3.9

437,976,958

Atlanta

10

"

875,358,384

846,074,229

+

3.5

747,174,145

699,364,651

7th

Chicago

17

"

1,041,007,358

1,079,855,374

—

3.6

969,445,035

1,109,282,683

A

"

567,937,375

588,559,404

—

3.5

544,913,063

606,964,777

408,295,091

404,584,355

+

0.9

368,161,965

394,197,420

North

Dakota—Fargo

482,335,540

532,519,429

—

9.4

542,037,219

558,413,521

South

Dakota—Aberdeen!

—

+„.

3.5

1,964,758

315,300,006

179,912,49#
109,740,04®

*2,012,23#

'

544,913,063

606,964,777

6,474,685

452,674,702

6th

8th

St.

9th

Louis

Minneapolis

10th

Kansas

12th

San

1,027,774,698
Ninth

7

"

10

"

6

"

388,776,549

375,670,502

+

3.5

353,709,170

Francisco

M

880,988,288

886,997,958

—

0.7

840,845,577

Federal

St.

16,728,798,101

17,261,849,777

—

3.1

16,299,972,602

add

8,083,851,449

our

8,531,277,748

—

5.2

7,685,605,278

statement

showing the figures for each city for the

Clearings at—

1953

Maine—Bangor

1952

$

Inc.

or

Dec. %

1951

+25.9

1,703,522

+

5.6

4.039,237

541,260,181

9.1

513,800,421

503,066,775

2,570,739

+12.5

1,939,850

Connecticut—Hartford

+

6.1

937,427

946,668

2,754,072
10,656,506

8,329,939

8,226.090

33,003,370

Island—Providence

29,617,928

13,872,089

Haven

14,377,177

29,341,800

Hampshire—Manchester

32,990,700

I

1,758,666

cities)

1,759,153

652,172,516

603,099,179

|

—

Total

+

0.5

2,304,137

9,108,650

8,621,238

York

1.3

6,530,441

7,237,360

Fort

+11.4
—

3.5

25,551,107-

28,639,292
.

12,632,285

—11.1

25,461,600

+21.2

10,884,772

11,093,82#

0.9

368,161,965

394,197,42#

+18.5

+

9,259,550

19,738,030

300,400,464

343,915,164

1,016,585

722,54#

+40.8

453,192

7.1

6,596,271

477,621
7,055,377

—

3.9

144,810,661

150,374,527

+

7.8

9,225,463

—I

9.6

15,908,932

8,947,66#
15,186,231

—12.7

347,767,758

357,183,014,

13,272,75#

—

10,024,127

9,840,065

+

1.9

11,055,134

3,272,264

3,180,174

+

2.9

2,813,511

2,701,097

2,418,546

2,680,428

—

9.8

2,389,712

2,492,677

482,335,540

(10 cities)

532,519,429

—

9.4

542,037,219

558,413,521

Texas—Austin

+

0.1

1,397,143

1,365,197

—

7.5

604.955,206

*9,000,000

Galveston

16,113,000

3.8

7,063,430

6,486,573

+

4.5

299,159,372

283,405.781

—

9.9

25,811,925

28,739,37#

5,906,000

+

3.5

6,353,000

5,648,125

5,703,069

—

10,664,723

388,776,549

375,670,502

+

140.443,942

6,356,000

1.0

5,401,092

4,675,040

+12.4

9,920,351

11,523,443

3.5

353,709,170

341,186,20#

—

604,801,528

+ 17.0

25,300,556

28,564,814

9.2

3,283,048

2,792,042

4.298,218

99,569,039

107,778,026

—

7.6

109,017,661

96,518,631

2,532,416

—

5.2

2,035,619

1, 950,443

1,804,758

29,893,005

11,991.004

Falls__

Louisiana—Shreveport
Total

(6 cities)_____

Federal

Reserve

District—San

Washington—Seattle

13,724,346

314,833,066

26,922,715

—

8,670,639

329,101,705

Worth

32,753,500

—

—

+

4.9

1,837,685

3.106,740
8,711.836,671

8,730,572,029

—

2.0

8,614,367,324

27,272.003

26,064,555

+

4.6

20.982.941

14,904,313

16,243,574

—

8.2

13,811,027

15,528,770

Lake

California—Long

San

12,017,236

Francisco

Jpse

81,061,097
15,490,571
12,693,975
460,945,353

17,301,808

1

Pasadena

144,045,191

85,266,050

city
Beach

3,767,818

134,108,625

468,620,422

12,499,770

—

Barbara

.

14,531,970

5.546,575

4,243,681

10,529,198

9,774,360

880,988,288

6.6

115,242,537

146,228,814

+

4.5

—

6.9

3,545,510
136,516,366

140,242,419

+

5.2

64,505,803
12,653,796

68,175,610
16,314,266

+11.7
5.3
1.7

9,327,729

454,544,863

12,107,696

+

11,267,651

472,692,857

—

—14.0
+30.7

3,674,140

11,133,937

4,565,933

3,409,535

+

7.7

9,778,350

7,551,241

^86,997,958

—

0.7

840,845,577

862,542,476

16,728,798,101

17,261,849,777

—

3.1

16,299,972,602

16,677,788,492

8,083,851,449

8,531,277,748

—

5.2

7,685,605,278

7,965,951,821

23,135,748

Syracuse

3,936,206

Utah—Salt

San

Francisco-

131,162,398

Oregon—Portland

Santa

8,554,253,391

Rochester

Connecticut—Stamford
N.

135,534,261

9,983,428

l

Wichita

12,181,671

•

1,892,549
!

475,545

17,851,591

Dallas

+

2.400,088

Jamestown

3,215,54#

2,118,091

5.2

3,901,114
„

739,067

7,157,145

130,191,924

Yakima

'

2,895,97#

Eleventh Federal Reserve District—Dallas—

—

York—

16,059,964

Elmira

New

875,836
669,426

Twelfth

1

i

Second Federal Reserve District—New

Binghamton

6,402,33#
-

City—

6,647,934

Pueblo

I

York—Albany

10,214,248

404,584,355,

264,833,34#
99,281,70#-'-

'

2,014,513

1,105,373

2,767,005

•

Buffalo

3,126,051

Reserve District—Kansas

City
Joseph
!
Colorado—Colorado Springs

3,840,135

10,098,369

Worcester

Federal

Missouri—Kansas

1,566,474

4,892,851

1,172,955

Bedford

1,961,746

2,891,008

River

Springfield

New

+14.1

408,295,091

St.

492,228,590

Lowell

(12

—10.3

3,596,495

12,374,005

cities)

(7

Wichita

$

5,165,923

Massachusetts—Boston

Total

3,741,091

5,627,418
2,477,180

—

Kansas—Topeka

1950

$

2,469,465

Portland

New

1.7

4,105,009

Omaha

,

New

+

Hastings

First Federal Reserve District—Boston—

Rhode

5.1

6,564,424

3,354,288

Lincoln

$

New

+

6,677,140

Nebraska—Fremont

Week Ended Dec. 26

Fall

102,024,061

244,969,043
94,417,677

7,965,951,821

detailed

week ended December 26 for four years:

*

6,659,824

2.0

Montana—Billings

Tenth
now

+23.2
—

107,212,357

16,677,788,492

Outside New York City

We

6,620,233

271,823,803

Paul

Helena

4

8,157,616
266,414,676

862,542,476

.

111 cities

—

District—Minneapolis—

Minneapolis

Total

Total

Reserve

Minnesota—Duluth

341,186,209

10

City

11th Dallas—

J.—Newark—
Northern New Jersey

J

6,331,594

178,320,555

cities)—.

Indiana—Fort

0.7%.

;

.

District

In the Dallas Reserve District there is

District

—50.5

132,760,712

Lansing

Philadelphia Reserve District of

3.5%, but the Minneapolis Reserve District enjoys

City Reserve District there is

Reserve

(10

Grand

by 3.9%, but in the Atlanta Reserve District the totals

Louis Reserve District of

6,522,363

454,530

Orleans

Michigan—Ann

Des

larger by 3.5%.

St.

237 200,000

151,363,389

Seventh Federal Reserve

according to the

from this

(including this city) the totals record

In the Cleveland Reserve District the totals

Richmond

84,636,988

277,500,000

9,027,952

Louisiana—New

loss of 5.2%, the bank clearings

a

Districts in which they are located

in the Boston Reserve District of 7.5%

78,132,203

4.9

3,167,827

Mobile

week ended

22 729,446*

—10.1
—

$16,728,798,101 against $17,261,849,777 in the

decrease of 2.0%.

a

—

\

137,495,566

Mississippi—'Vicksburg

decrease of 3.1%, the aggregate of clearings for

Outside of this city there was

the New York District

are

88,086,361

305,600,000

3,228,386

Florida—Jacksonville
Alabama—Birmingham

has to be estimated.

complete results of the previous week

the whole country having amounted to

at

79,193,790

Macon

elaborate detailed statement, however, which we present further below,

able to give final and

are

cases

28,156,357

290,700,000

Georgia—Atlanta

not available at time of going to press.

are

"

22,406,389

Nashville

the week

as

District—Atlanta—

Tennessee—Knoxvllle

appear

Augusta

ends

we

Sixth Federal Reserve

..

Total (11 cities)




"21,000,000

*17,000,000

51,313,902

53,740,408

—

67,026,504

00,512,065

8,859,592,867

9,054,270,395

+23.5

15,004,104
44,400,792

57,757,194

61,838,644

2.2

8,907,797,951

9,010,289,512

(10

cities)—

49,255,361

—16.8

Total

.

15,761,648

4.5

Stockton \

Grand

—

Outside

total

(111

cities)

New York City

*Estiinated.

-

g

44

The Commercial and Financial Chronicle

(44)

largely in

Foreign Exchange Rates
Pursuant to the

daily

certifies

Holdings of Treasury notes and of United States
Government bonds decreased $59 million and $25 milDistrict.

'

requirement of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank

to the Secretary of the Treasury the

countries of the world.

buying rate for cable transfers

lion,

EXCHANGE

RATES

CERTIFIED

County

and Monetary Unit

FEDERAL

BY

DECEMBER

25,

Noon

1953

TO

RESERVE

BANK

DECEMBER

31,

TO

TREASURY

1953,

TARIFF

UNDER

million in
Dis¬
trict, $32 million in Chicago, and $28 million in the
Kansas City District, and they increased $38 million in
the Philadelphia District and $24 million in the Cleve¬
land District.
Time deposits increased $57 million.
Borrowings increased $169 million in the Chicago Dis¬
trict but they decreased $97 million in New York City.
A summary of assets and liabilities of reporting mem¬

1930

OF

ACT

INCLUSIVE

Buying Rate for Cable Transfers in New York (Value in United States Money)

-

Friday

Monday

Dec. 25

*

Argentina peso—
Basic

•

Free

—

Australia

"

-

~

.133333*
.0713820*

.133333*
.0719820*

.0719820*

"

_

"
Christmas

""""""

2.238296
.0385802*
.0200562

franc

,

2.238047
.0385802*
.0200562

2.237798
.0385802*
,0200562

Basic

Canada,

Ceylon,

Z

__

_

Markka

"

_

"

(Metropolitan), franc
India, Dominion of, rupee—

Mexico,

.0428082*1"

.0352609*1
.326300

pound

__

Christmas
Day

L__

peso

Netherlands, guilder
New Zealand, pound—

Norway, krone
Philippine Islands,
Portugal, escudo
Sweden, krona

_

peso

—

.0349000

Switzerland, franc

.0349000

.193233*

:

.193233

.233200

Union of South Africa,

Kingdom, pound sterling
Uruguay, peso

I

2.797945

I

**

loans

Industrial,

;

loans

Other

for

for

purchasing

Othekv loans

U.

S.

—

+

70

+

48

13
66
27
348

+
+

364
123
799
403

+
—

—

6,380

indebtedness

—

—

18,473

vault-.

—

1,032

—-

—

+
+

59

—

—

+

—

79

Lofland

&

Barnes

December

'

Shares

»

Clad

Dec.

Aiieti—
Gold

1953

certificates

Redemption

for

F.

Govt,

8.

Bought

21,338,747

671

131,975

303,090

24,404

2,265

140

1,627

2,596,312

+

+

3,641,150

bought

outright

under

880,825

25,317,674
+

103,250

+

103,250

+

1,291,612

securities—

other

26,122,864

cash

items

+

4,301,653

11,034
201,316

—

51,635

details

52,465,785

360,916

3,287

613,291

+

26,702,672

105,371

+

S.

Treasurer—gen.
Foreign

19,999,332

+

acct.-

495,981

1

Eastern

National

Gas

3%%

48,960

452,224

Other

+

+

62,012

—

107,173

97,735

—

8,613

—

365,253

>o

303,346

—

89,662

-

deposits

438,558

21,312,790

Deferred availability cash items

and

31,264

3,309,875

+

176,221

+

38,314

25,958

+

320

+

1st

367,388

+

470,458

51,351,295

—

Capital Accounts—

Lake

St.

4%

;;

note

accts.

Ry.,

1974—Jan

20

31/4% debs, due 1967—Jan
4% debenture stock—Jan

4
31

12573
11989

Page

5%

20-year

deposit

liabilities

and

F.

12,449

6,271

+

+

Cornell-Dubilier

—

+

613,291

Electric

preferred

$5.25

stock,

Packing

Corp.,

1st

7%

mortgage

Seabrook

Farms

Jan

3%

s.

f.

1962

Central

44.4%

0.5%

+

Feb

ISSUE

Co.,

debentures

$1.72

cony,

due

*

Works

1962

1

Feb
^_Feb

1

*
*

1

Feb

stock

1

.12198

Feb

1966

preferred

Page

8

12577

Saco

23,413

410

3,621

108

+

3,125

86

+

Co.

Insurance

Burger* Brewing

(quar,)—,—

(quar.)—.——_—

Co.——_
(N.

Y.)

—

(yeai>end)

Co

Extras-

by R. L.

Day &

Company in Boston

on

STOCKS

$ per share

—-

preferred (quar.)
Camden Refrigerating & Terminals Co.
Public

Gas

Hudson

Central

&

Optician, Inc., preferred-l

22,607

New

11,000

Wewoka

Era

Mines,

Inc.

Petroleum

Research

Differential

(25c

<

Corp.,

participation

ctfs.

Corp.

($1

Brockton

25

Boston

($50

United Cape Cod
Cranberry Co

25

Filter

par)

par)

Co.—

225 lot

par)

($10 par)

$30 lot

($1 par)— $30 lot
81

14%
5

1,000

U.

S.

Airlines, Inc.

($1

pari

nc

1,000

U.

S.

Airlines, Inc.

($1

par)

14c

BONDS

Obligation of Gravity Froster Corp..




,

in

industrial,

most

districts

about the amount of the

350 lot

1 lot

Gravity Froster Corp., common, Mass. Corp.
National Bank,

(25c
.

—

Gravity Froster Corp., preferred, Mass. Corp.

Home

Commercial,

25 lot

j,

:

creased

Corp.

Wheel

$25 lot

par)

$30 lot

and
and

new

agricultural
the

total

loans

increase

in¬
was

issue of Commodity Credit

Corporation certificates of interest purchased by weekly
reporting member banks; the principal increases were
$119 million in the Chicago District, $29 million in the
Kansas City District, $23 million in the Cleveland Dis¬
trict, and $17 million in the San Francisco District.
Changes in commercial and industrial loans, according
to

industry,

brokers

and

appear

dealers

in another

press

release.

Loans to

for

purchasing '6r carrying securi¬
ties decreased $120 million, and loans to others for the
same
purpose increased $70 million.
The

decreases

in

holdings

of

Treasury

bills

were

1-15

1-15

1-20

Electric

2-

(s-a)

1

1-15

1- 2
1-20
1- 6
2- 1
1- 4
12-28

12-22
1-9
12- 1
1-11
12-15
12-23
1- 5

1-15
1-15
2- 1

1- 5
1-15

2- 1

1-15
12-31

1-29

40c

2-1
2-10

l-ll

(s-a).

(special)

50c

1- 9

12-30

25c

1- 4

12-17

Cincinnati, Chicago & St. Louis
(s-a)
!—
$5
5%,.»jeferred (quar.)-—-—$1.25
Clinchfield Coal Corp. (quar.)—

1-20
1-30

1-13
1-13

25F
63c-

1-21
1- 8

18c
24c

1-

2
1- 2

12-23

25c

1-15

*12-31

Utility

Corp.

Engineering

(quar.)

(quar.)

1.-20

Cleveland,

Ry., common

Ex^ia

-

—

CocaTpbla Bottling (Cinn.) class A (quar.)—
Commodity
Corp.—
--J
1—
Special

—

A

Frosted

Foods

—

(s-a)

12-23

Co.

SftfclPceriificales must be
to

be

stamped

in

12-23

12-26

1-11

1-11

31 Vic

3-

17%c

(year-end)

Trust

1- 4

$2.50

&

1-4

2-1

27Vic

Bank

12-31
12-28

20c

(quar.)

1-20
1- 4

30c

Printers

1-15
1-15

8c
30c

12-31
12-31

1-15

•

(NY)

!?MTiiquidating
'infhk

1-11
12-31

.

10c
5c

—

Consolidated Lobster, Inc.
Continental

1-111

1"-1

Co.

(annual)—

turned

order

to

into

the

receive

payment.
Coiffih+ntal Copper & Steel Industries
5%

pielerred (quar.)
Confffierital Transportation
Preferred

1

1

2- 1

25c
$1.75
25c
17%c

(reduced)
—;
-u—2;

Co., common

7%

SpreeTSl

deposits credited to domestic banks.

1-15

2-

—50c

,•

*

r

M.)

CpmfSeticut

weekly reporting meml
banks of the Federal Reserve System in leading cities
shows the following principal changes for the week
ended Dec. 23:
An increase of $234 million in commer¬
cial, industrial, and agricultural loans, and decreases of
$256 million in holdings of Treasury bills, $441 million
in demand deposits adjusted, and $350 million in demand

2- 1

$1.50
$1.25
$2
70c
20c
$7
25c

preferred--

partic.

6%

Water

(Milton)

C.ass

1.8%

12-22
12-31

10c

Inc.

Service
Edison

Bradley

Community

Iln Volume 178.

1- 2
1-15

$1.25

&

(A.

1-20

50c

(quar.i

Bickle-Seagrave Ltd.,
Biddetord

1-11

1-30
1-30

15c—■:

:
-

Iron

1-20

1-25

$1.12%
$1.12%

(quar.)

(quar.)-^

Cheney Brothers

CALLED

due

Co.

Corp.

2- 1

Y.)-—

-

Jst partic preferred
Participating

Shares

$6,800

Bros.

Extra

12-31

20c

Conj#5rt+"'"Fund. Inc.-—

Transacted

5

Bartgis

Bayst&fce

1-15

30c

-—_

—

(N.

1-15
12-22

45c

(quar.)

(quar.)

foreign

Wednesday, December 23:

110

preferred

Corp.

accept¬

Auction Sales

1,122

6%

Commercial

1-21

12-31

meeting

at

Ayres (L. S.) 4%% preferred (quar.)
4%%
preferred (series 1947) (quar.)
Bankers

12-18

1-29

took

(Directors

payment

h$kl Dec. 23)
$1.2£L£onv. prior preferred
Axe-HOoghton Fund B, Inc.
From' Investment Income-

Chambersburg

bonds due 1965_

debs,

corn,

of Rec.

1- 2

2-15

28c

-

(year-end)

com.

<fc Co.,
on

i

Holdert

$12

(quar.);

Austi%uJiichols
no--action

When

Payable

31 Vic
35c
25c

(quar.)

on

Sonic

an¬

follow with

we

$1.50

Corp.

purchased for

Peirce

dividends

the

Then

Share

Steamship Co.

Central

1
1

Date

RR„ 4%%

Finance

12091

The condition statement of

200

all

indicate

we

Anson^ Wire & Cable

Byers

2

—Feb
-Feb

A

1st mtge.

3%%

due

Company and Issue—

Seaboard

12194
12474

Co., Ltd.—

series

bonds,

Co.,

L

series A—
3%% s. f. debs,

Phenolic

American

Boston

Corp.—

♦Announcement in this issue.

combined

American

Buffalo

;

Great Consolidated Electric Power

Illinois

360,916

—

130,384

R.

correspondents

300

first

Extra—

REDEMPTION

debentures

ENTIRE

52,465,785

due

re¬

Industrial loan commitments

12

the

during the current week.

Inc., 5% conv. pfd. (accum.)
American Can Co.1 (quar.) —
—___.—_

Belmont

-

fund

27,543

237,188

certificate

Contingent liability
ances

+

.

gold
to

"

—

*

_

11978

debs., series A, due 1966—i—
Jan
4
Bush Terminal Buildings Co. 1st mtge. bonds due i960—Jan 15
Compania Salitrera de Tarapaca y Antofagasta—
sinking

584,676

liabilities & cap.

+

201

265,083

Surplus (Section 13b)
Other capital accounts.

Jan

Date

John

Republic Steel Corp.,

Capital paid in
Surplus (Section 7).

stock

& Fuel Associates—
mtge. & collat. trust bonds

Lighting & Power Co.,
&

Deerfield

liabilities

serves

debenture

Ampal-American Palestine Trading Corp.—

•

.

DiyJdend announcements are grouped in two separate
tables." In

Bishop's

i

Total

4%

Ry.,

Company and Issue—

11,035

accrued divs._

TENDERS

452,373

64,587

—

OF

PARTIAL

Member bank—reserve accts.

in which the

11978
11978
11978

Houston

Notes—

(except where indicated)

31
Canadian Northern Ontario Ry., 4%
debenture stock—Jan 31
Canadian Northern Quebec Ry.,
4% debenture stock—Jan 31
Canadian Northern
Ry.,
4%
debenture
stock
Jan 31

9,262

-

notes,

Page

Canadian

,

Federal Reserve

Ratio .of

107
546

DIVIDENDS

Per

given in the "Chronicle."

were

Deposits:

Total

87

—

District).

Francisco

(San

+

payment date.

Date

Quebec

Other liab.

♦Preliminary

Name of Company

Company and Issue—

62,874

+

Liabilities—

Total

1,263
878

—-

...

Airtex Products,

list of corporate bonds,

a

NOTICE

61,559

+

6,468

+

found

1,265,581

-

91

—

151,616

be

volume

current

1

177,899

'

assets

+

199,980

—

22

banks

Total assets

U.

—

seccyid table in which we show the payments previ¬
ous^ Announced, but which have not yet reached their

tenders, and the page number gives the location in the

7,250

+

premises

Other

1,284,362

670,950

of

Uncollected
Bank

+

25,988,624

foreign banks

notes

——

preferred and common stocks called for redemption, in¬
cluding those called under sinking fund provisions. The
date indicates the redemption or last date for making

repurchase

agreement

and

Below will

510,000

...

Total U. S. Govt, securities.

R.

preferred

Redemption Galls and Sinking Fund

820,825

13,263,671

Bonds

F.

$1 lot
$1 lot
$1 lot
$1 lot
$3 lot

1,854,362

5,816,541

Notes

Due from

11,125

—

$5 lot

Notices

;

loans

tl^e Philadelphia Tucker Co.,

nounced

securities:

Certificates

Total

'-r-

196
1,620
961

deposits:

banks

banks

+

+
—

30%

:

646,958
22,969

advances

Bills

Total

of

Tucker Co.,

outright—

Held

+

23
124

$ per share
par

no

100,041

321,349

and

Industrial loans

U.

746,999

+

350

—.

demand

Interbank

government

deposits

a
reserves

cash

Discounts

Franchise

448% Philadelphia
20,000

+

capital

Co.,

1,556% Philadelphia Tucker Co., common i$l par).
_
164% Philadelphia Tucker Co., preferred ($100 par)—--—

R.

900,644

Total gold ctf.

Other

1952

20,000

20,438,103

fund

notes

—

banks

Borrowings

OTJIER ACCOUNTS

1,516% Philadelphia Tucker Co., common ($1 par)—
1,556% Philadelphia Tucker Co., common ($1 parl_:

Dec. 31,

—

+

Foreign

60600

No.

(—) since

1953

+

2,776

S.

Domestic

STOCKS

Distributors
Inc. ( + ) or

Auction

at

Sold

Department,

'

V.

Victor

10

(In thousands of dollars)

Dec. 23,

19,404

Government

23, 1953:
FOR

Federal Reserve Banks Combined

29,

deposits except

441
57
177

domestic

Liabilities—

♦'Temporarily omitted.

Statement of Condition of the Twelve

Dec.

—

U.

merchandise.

55,644

Time

1 Application depends upon type of

—

DemarwC-deposits adjusted

♦Nominal.

2,700

with

Balances

+847
2,888
308

1,752
88
1,155
+
66
+
176

26
35
184
35

+

14,637

Banks——

,

—

7,497
Reserve

+
—

266
7

2,48,9
5,341

---

—

Federal

with

231

+

—

8,000
32,688

—

-

—

—

of

130

•

—

827

securities

Cash in

120

6,460

U. S. bonds

Other

Reserves

—

046

Treasury notes

.233150

—

———

bills
certificates

Treasury

234

carrying

Government securities—total

Treasury

1,440

+

'

—

banks-

to

1,071
1,386

+

...

loans-;

estate

Loans

+

2,015

or

securities

Real

+

129

130

pur-

securities

carrying

or

-

dealers

and

brokers

to

cnasing

184

+

+

agricultural

and

—

—

23,364

,

commercial,
Loan^

1932

80,874
40,689

-

_——

■

Loans—gross

2.800124
2.810625

2.798256
2.808750
"*

2.808437

Loans—net

1.025937
.210350
.00435401*
.00285625
.210366
2.810625
.116211
.264100
2.782797
.140154*
.496766*
.0349000
.193233*

.193233*
.233150

.233175

2.798567
2.809062
**

pound

United

1.024921
.210200
.00435401*
.00285625
.210200
2.808750
1
.116144
.264100
2.780940
.140154*
.496766*
.0349000

,

l»o3

41,312

Investments—total

and

Loans

.0428082*1"

.0352609*1
.326250

Dec. 24,

(In millions of dollars)

Assets—
.

,0428082't

1.027871
.210150
.00435401*
.00285625
.210166
2.808437
.116211
.264100
2.780631
.140154*
.496766*

or

since

Dec. 16,

1903

.0200562

.0352609*t
.326200

.00435401*
.00285625
,210250
2.809062
.116211
.264100
2.781250
.140154*
.496766*

France

Ireland,

dec. (—i

.0352609*1"
.326250
1.029218
,210250

Malayan dollar

dollar
rupee

Finland,

Inc. ( + )
'

Dec. 23,*

.0428082* t

ZZZZZZZZZZZZZZZZZZZZZZZ

in the San Francisco

.0385802*
,

_

Free

decreased $381

City, $86 million

.133333*
.0719820'
2.239541

Brazil, cruziero—

British Malaysia,

deposits adjusted

York

ber banks follows:

„

.200000*

Day

pound

schilling

Austria,
Belgium,

8
j
.200000'.!

8

.200000*

.133333*

I

„

Dec. 31

Dec. 30

8

8

Thursday

Wednesday

Dec. 29

.200000"

*

Preferential

Tuesday

Dec. 28

securities in¬

"other"

of

million.

$35

Demand

New

FOREIGN

Holdings

respectively.

creased

the different

on

We give below a record for the week just passed:

.

San Francisco

Chicago, and the

York,

New

Monday, January 4, 1954

...

Lines

Inc.,

Cracifteck-Terry Shoe (s-a)
Davenport Water 5% preferred

5',«Z$£6n-cumulative

50c

4%

Erwin

Bakeries,

pfd.
Inc.

(N

Grain.

Ltd.

1-11
1-27

1-21
1-30
1-25

1- 5
' 1-11

$3

1-15

50c

1

1-

1-11

W 4

9

12-24

i$l

pref.

(quar.)

1-15

12-31

15c

1-

4

12-23

135c

C)
$1.40

12-16
,

2-15

r*

(quar.)

Mills,

1-15
12-31

2

1

1-13

1

35c
25c

preferred (year-end)

Ltd.—

partic

Federal

1-

2-

25c.
30c

.•

Oil Co. (annual)

Eastern

1

$1.25

(quar.)—.—

Day|U"o^t Inc. (quar.)_
De
VjbLss Co. (quar.)—
Delaware'.power & Light Co. (quar.)
Detrq^Zp'asket & Mfg. Co. (quar.)
Deli^ii & Mackinac Ry. Co.
Eason

com.

'

2-

1'

1-13

Federal,Service Finance Corp. (Wash., D. C.)
CUC&..B

'quar.)

16%c

1-15

3 %c

5%f-p.referred A

(quar.)

5% "preferred

(quar.)

Fiel3«+Marshall)

B

see

Marshall

,

Field

&

Co.

1-15

"

12-31

1-15

$1.25
$1.25

12-31

12-31

1-15

12-31

-

Volume 179

Number 5287

The Commercial and Financial Chronicle

...

Per

Co.

(Wash.,

Motor.

of

D.

Washington

C.)

$5

&

semi-annual

non-cumulative

1-

Bag

preferred

(s-a)

$2.50

Mills

Cotton

6c

^"^-22-31

4%

Tire

<fe

Co.

Hartford

Co.

of

Boiler

1-30

1-15

Inspection
6%

&

pfd.

(quar.)

1st

Water

7%

(initial s-a)__.

Power

Shoppes, Inc.

Hygrade

Food

Jenkins

(quar.)

Bros.,

Ltd.

Fire

Kaynee Co.

7'<

$1.25

Marine

Co.,

Lane

Bryant.

Lairrentifie
Class

Inc.,

Insurance

held

Merchants
Class

Dec.

pfd.

Extra

Moore

(Win.

Inc.

(quar.)___

12-18

American

12~30

12~23

American

1-

2

1-

5

1-20

5%

12-31

2il5

American

Molasses

Co.

American

National

Fire

lv

preferred

American

il-15

Seating

American

Service

1-30..^-15

American

2-

1

"

1-

4

1-31

scsa-15

{15c

3-15

2-19

American

25c

1-20

•>42-31

American

Woolen

1-

2

*.12-19

American

Zinc,

40c

1-

8

1-

2

1-

8

1-

2

25c

(extra)

1-15

1-

2

"12-18

$4.50

preferred

1-

2

12-18

$4.50

preferred

pfd.

(quar.)

$1.06 Vi

(quar.)

{25c

Co.,

$7

class

A

1-

2

12-

2-

1-12

$7

1-

8

1-

25c

pfd

(quar.):

2-

1

:

1-15

Northwest
Oberman

5'//

Plastics

Mfg.

(year-end)

Co.

preferred

common

(quar.)

(year-end>______
(stock

Pacific

Coast

Parke,

Oil

6c

Gear

Pittsburgh
$2.50

Pittston

Class

B

Rich's,

ferred

.

Security

Smyth

class

Corp.

Stanley
Class

Fuel

called

Co.
of

for

B

4.35%

3.75%

Corp.

!

4Vi%
A

pfd.

5

12-21

12-21

Babcock

Inc.___

Corp.

Refrigerating

Oil

Co.

8c

Warehousing

(quar.)

Calff.

convertible

pfd. (quar.)

County Gas Co,

62 Vic

12-28

2

2-

1

1-

2

2-10

$2.50

w.

:.

12-21

(quar.)___

(quar.)

Appliance

(quar.)

*

we

$1.25

1-

2

U2-13

12-31 ^--12-30

*•

2-10

2-10

1-25

2

12-23

1-15

Fund,

vestment

Share

Alamo

Allen

iquar.

from

Iron

Works

Electric &

Co

1-

2-

1

given

—

1-15

in

the

(quar.)

Inc.

Corp.,

(quar.)
com.

i

S.)

Co.

(stock

(quar.)

dividend).




7%

preferred

1.2-15

(quar.)

(quar.)
preferred (quar.)
Packing Corp.

1-

8

12-17

1-15

12-31

H

1

CO

4

12-22

1-

4

12-22

{50c

1-

7

12-15

{70c

com...

1-

1-20

12-30

1-26

12-22

investment

1-

12-26

Northern

50c

1

4

5

1-

10c

1-15

12-

4

12-29

{15c

1

1-29

{$1.12 Vi

(quar.)

33-

1

1-29

1-18

$3

1-

V

4

1-

4

3-

2

1-29

1-

5

12-11

2-

1

12-31

37 Vic

1-15

12-17

{25C

4

share

of

Industries,

Celotex

Corp.,

U.

preferred
Celtic Knitting

7%

S.

Central

Ltd.

Sugar Co.

4

Central

Coal

Coke

1-

7

Central

Indiana

2-

1

1-

7

Central

Ohio

2-

1

1-

7

Central

2-

1

1-

5

1-

4

12-21

1

1-15

2-

1

12-15

Common

1-

5

12-

9

1-20

12-

9

1-11

12-28

1-11

12-28

2%%
20c

3-15

3-

1

1-30

1-

8

(quar.)

Co.,

common

Charleston

Transit

Chateau-Gai

(quar.)

Wines, Ltd.

Inc., class
&

Chesapeake
3Vi %

Ohio

&

convertible

Guaranty

1-16

12-31
12-31

1-

4

12-15

4

1-

8

12-21

$1.50

1- '7

(accum.)

$3

1- 7

12-22

(quar.)

55c

1-15

12-21

10c

(N.

1-

12-23

Y.)

Lorbb

1

I75c

Corp.:

3-

1

50c

Optical

3-

{75c

—

—

Works

8

1-

4

2-

1

2-

1

12-14

15c

1-15

1-

2

:

10c

1-15

1-

2

Corp

10c

1- 4

12-

1

12-

1

Co.

com.

iquar.)—

com.

(quar.)—

Stock

Ry.,

Electric

Co.,

Inter-Terminal

RR.

Gas

6c

8

1-

4

12-15

1-

4

12-15

1-30
1-30
1-12

1-

7

12-31

1-15
1-

7

1-

12-15

12-10

4

5%

preferred

12-31

45c

1-15

12-30

1-15
1-15

12-31

1-15

12-31

1-

5

12-

7

1-30

1-

2

4

1-

2

8

12-26

1-

1-

1-15

.

1-

4

2-

1

12-30

2-

1

50c
$1.50

1-

4

1-

4

1-

7

1-

8

12-23
12-23

1-

4

12-23

1-

8

12-17

preferred

1-15

2-15

1-13

1-20

2-

1

$1.25

3-

1

2-15

$1.25
$1.25
$1.25

6-

1

5-15

9-

1

Pacifie
—

$L75

122-

1
1

8-15
11-15

,1-25

10c

1- 8

1- 8

12-28

12Vic
6l7/«c
l&c

(quar.)

(quar.)

1-15

15c

(quar.)

Mfg.

2-15

$2
Texas

&

(quar.)

Clary Multiplier Corp., com.

Clayton & Lambert

25c

Co.—

(quar.)—
(quar.)
5%
(quar.)
City Baking, 7% preferred (quar.i
City Title Insurance Co. (N. Y.) (extra)
Clarostat Mfg. Co. (year-end)
conv.

1-15

3%

(quar.)

com.

dividend

preferred
preferred
preferred

5Vi7o

1-

12-31

$1.30

(annual)

-4% preferred (s-a)
Cincinnati,
New Orleans

5%

1- 8

1

1-15

75c

(quar.)

Downs

Cincinnati

5%

$1.75

1-20
2-

87Vic

Extra

12-22

50c
25c

$1.12%

(quar.)

(quar.)

$3 preferred

Cincinnati

20c

common

Corp.

Churchill

12-15

$1.25

20c

1-16

1-

4

Ry.—

Chicago

Co.

12-15

{50c

preferred

Chicago Pneumatic Tool Co.,

30c

A

Mortgage

12-31

1-15

75c

(s-a)

1-15

2

12-30

1-15

12Vic

Chenango & Unadilla Telephone Corp.—
4Vi %
preferred (quar.)

1-15

1-

1-15

2Vi%

1-25

1-20

12-15

$2

,—

(stock dividend)

1-25

45c

1-

1-29
1-15

30c

50c

(quar.)

12-31

{40c

60c

Utility (annual)

62 Vic

(resumed)—

12-31

1-15

$3

(year-end)

15c

(quar.)„

1-15

40c

(special)
Co.

Products> (extra)
Hosiery Mills Inc.—

Chadbourn

50c

1-11

50c

Certain-Teed

2-

12 Vic

1

50c

30c

(quar.)

1-11

2-

{10c

Extra

56'Ac

pfd. (quar.)

1

37Vic

Light & Power (quar.)

Central West

(quar.).

common

(quar.)—

Republic Co.

933Ac

(quar.)

Aguirre

1-

1

$1.083A

(quar.)

2-

Co.

(s-a)

2-

Gas

{32c

25c

$1.083A

conv.

Finishing

(quar.)

2-1

&

12-28

$4

preferred

$1

—

12-18

1

{25c

(quar.)

Co.,

12-31

1-25

shares of Carolet held.

common

5%

1-25

2-

{15c

{$1.12Vi

(partial liquidating)

Castle-Tretheway Mines, Ltd.

Co.—

12-28

Ltd.—

Casmont

1_

12-28

1-27

{$1.75

_

Carolina

(quar.)

pfd.

(year-end)

com.

12-

2

1-27

Ltd.

12-15

1-11
1-

12-29

Ltd.—

Co.,

(quar.)

for each 500

com.

1-19

12-31

{27Vic

(quar.)—

com.

(quar.)

Refractories,

one

12-29

{$1.25

Ltd.,

(year-end)
Industries Ltd.,

preferred

Plus

1-30

1-19

{$1.50

Co.,

(quar.)

preferred

Carolet Corp.

12-31

1-15

t$1.50

Carolina, Clinchfield & Ohio Ry.—
Guaranteed
(quar.)
:
Power & Light Co., com.
(quar.)—
Carthage Mills (extra)

1-29

1-15

45c

Ry.

(quar.)

4Vi% preferred (quar.)
Canadian Vickers Ltd. (quar.)

4

75c

Fe

Ltd.

(s-a)

Fairbanks-Morse

Canadian

1-15

2-15

{8c

Corp.,

Canadian General Investments,

7%

12-31

{5c

income)

Power

preferred

Canadian

C

1-15

12-31

1-15

{5c

Railway

Bronze

Common

1

1-20

Fund—

Southern

6%

12-21

2-

25c

:

General

Canada

5%

1-11

75c

40c

2 Vi %

Extra

Canadian

$1.50

$1.50

Campbell Red Lake Mines

Canadian

12-31

37Vic

dividend

(From

1-18

$1.17Vi

(quar.)
(extra)

Columbia Pictures Corp.
Stock

12-11

$1.75

preferred

$4.70

Canada

5c

1-4

12-23

1-

4

12-23

1-

6

12-23

1-

fl

12-23

4*6

Extra

(quar.)
preferred

1-

9

43-22

Aviation

Stock

1-15

5

5c

1-

4

30c

1-

-**13-12
"-12-

5

1-

9

4-

1

3-10

4-

1

3-10

Corp.

Club

Aluminum

Coca-Cola

Common

(s-a)

$6
10c

(quar.)

Co.

10c

(quar.)

20c

Inc.

Blue

Boston

75c

1-20

-'*«--21

Brach

1-15

4

1-15

"ri 2^-31

M

1-31

1-15

1-

4

12-16

1-29

1-15

50c

(quar.)

Co.

Chemical

12-18

1-15

12-18

1-

7

12-

1

1-

4

12-31

1-

7

12-31

5%

2-10

12-31

(quar.)

25c

2-

Co.

35c

1-15

(increased)

Corp.

(extra)

& Sons

Extra

Brandtjen & Kluge

20c

i

Corp.

—

iquar.)__,

1-

8

1-

Coghlin (B. J.)

Co.

Y.)

(N.

10c
$1

—

120c

Colgate-Palmolive Co., com.
Loan

(quar.)—

Co., Ltd
Co.

(stock dividend)

(guar.).;

—

Preference

common

—

Columbus <L

11

(annual)

Combustion

pfd.

Ltd., 5%

Engineering,

Inc.

2-11

12-15

1-13

1-

6

12-15

1-

4

12- 8

{50c

1-31

1-

1-31

1- 9

1-31

1-

9

9

iquar.)

1-11

12-24

{$1.25

1-15

12-28

75c

(quar.)

1-22

12-29

5%

1-22

50c

1- 4

12- 4

(quar.)

45c

2-

12-23

33c

2-

1

12-23

35c
4%

2-

1

12-23

Commonwealth Gas Corp.'(stock dividend)—

3-

3

dividend

Hotel,

Commonwealth

Edison

$1.32

convertible

$1.40

preferred

Commonwealth
Connecticut

Co.,

common

(quar.)

preferred

(quar.)__.

International

Corp.,

Ltd._„

$2.04 preferred

1-15

12-29

2-18

12-31

40c

preferred

12-22

Consolidated

Bakeries of Canada,

1-

5

12-

4

Consolidated

Dearborn Corp.

1-

5

12-

4

Consolidated

25c

1-

6

12-30

Edison

$5 preferred

Co.

(quar.)

(N.

Ltd

(quar.)
Y.)

—

1

2-

1

1-

5

2-

1

1-

5

10c

(quar.)

1

2-

55c

preferred iquar.)
Inc.,

1- 5

2-

51c

—

47Vic
50c

(quar.)

(quar.)—

(quar.)

Connohio,

{10c

1

Light & Power Co.—

$1.90 preferred

$2.20

(year-end)

Inc.

50c

4

*-29

i—

Stock

75c

1-

5

40c

Southern Ohio Electric Co

Combined Enterprises,

$2 preferred

12-24

1-

{50c

Ltd.,

Terminals,

1-12
2

5%
$1.25

2-26

{50c

Collingwood

1-

5

30c

(quar.)

(quar.)

1

25c

—

(Detroit)

Herald-Traveler

(E. J.)

1-15

85c

W.)

I Corp.

1-11
1-23

15c

dividend

Diamond

4

B

12-22

50c

Year-end

Blockson

7

1-

{10c

i.

common—

A

(E.

Bottling

Commodore

(quar.)
Ltd.,

Mfg. Co.

Bliss

3

& Cement Co.—

(year-end)

Hats,

Class

12-

{25C

Foods,

Biltmore

12-15

1-16

Products

Extra

—:
Watch

1-15

7%

Extra

Binks

{50c

(quar.)

Corp.—

Benjamin Franklin Hotel

>12-21
•**£-21

4%

1

{35c

dividend

Stock
1-

2-

{25c

(quar.)

Bell,Telephone Co. of Canada
Bendix

*<»-17

1-20

4

{$1.50

common

1-

Collateral

in¬
6c

Ltd.,

Co.,

A

$1.40

50c

Stores

(A.

Holder i

Payable a* Pee
1-10
' 42-15

15c

(special)

Equipment Co.

75c

When-

10c

Extra

Aloe

net

L

Manufacturing

Allianceware.
Allied

Inc.

25c

income)

Brass

4

{25C

4%

Electric

Lumber

1-25

-

Best

Per

Affiliated

1-

$1.75

Extra———

Class

12-31

20c

week, these being

<quar.)__

12-31

Co.—

(quar.)

Terminal

Beaver

12-31—12-30

$1.06 V4

preceding table.

Akron

Co.

Co.

Bessemer Limestone

Corp.

1-15

$1

(liquidating)
pfd. (quar.)

common

(fc

Bavway

12-31—«*42-30

50c

(quar.)

12-15

5%

Benrus

Addressograph-Multigraph

9

Co., com. (quar.)—

California

3c

Extra.

12-31'—12r24

give the dividends announced in pr^yiouf
yet paid. The list does not include^clivi-

Name of Comvany
Adams
(J. D.)
Mfg. Co.

1-15

2-

50c

(quar.)__.

weeks and not

this

2-23

5

$1.25

Co.

dends

announced

Calaveras Land & Timber Corp. (year-end)California Electric Power, $3 pfd. (quar.)—
California Oregon Power

1-

6%

(extra)

"B"

B

Beneficial

Below

12-12
12-15

8

'

$1.25

Corp.

5

1-

10c

Co

5

1-15

4-29

8

10c

$2.25

Power & Paper Co., Ltd.—
A
(quar.)

Iron

Bausch

—1-11

$1.12 Vi

<quar.)__

Bath

Terminal

(extra)

1-

30c

Oil,

Class

1-11

common

1-

+

(quar.)

Trust Co.

Bathurst

12-31—12-23

Extra

$1

(quar.)

cumulative

6%

common

$3

25c

(annual)

Inc

Bond

Bankers

1-22

62 Vic

pfd.

&

Bush

America

Bareco

5

5c

5%

8

1-15

'

12-29

2-

5c

$4.52 pfd.

Gas

12-28

1-

Sliares,

of

8

1

Bankers Securities Corp.—■.
67c participating pfd. (s-a)

8

1-

2-

Class B

1-14
1-

1-2

10c

.1
I

preferred

Southern

9

50c

_

preferred (quar. )____„_

$4.50

1-

4

1-19

1-29

8

(quar.)

Transit Co.,

Bankers

Class

.;

Wiggin Terminals. Inc.,

1

2-

$1.50
___

Laboratories, Inc. class A

Washington Gas Light,

2-

Bank

+50c

Burroughs Corp.

Co.—

preferred

Bangor-Hydro

9

1- 8

B

10c

$2.50

'

—_•_

(quar.)

(quar.)

—

1-

8

10-

1-29

1-15

$1.25

class

preferred

Rubber

Baltimore

1-15

1

25c

Tekphone Co. (Ind.) 5%

Wisconsin

12-31

1

2-

5 %

—.

Testing Co.——

Class B

1-15
2-

31'Ac

...

.

Co.

1-30

$1.50

*2.50 preferred
of

1-12
12-19

7-

10-29

1

Extra

20c

a.

(s-a)___

Finance

Baldwin

25c
,

Paper Co. common (quar.)_

Co.,

12-23

7-29

$50c
J50c

2-

25c

12-23

f50c

Class

50c

Extra

12-30

Class A pref
[
Class
A
preference

8

8

dividend

12-30

8

1-

7-

Ltd.—

Co.

4-

4-

$1.25

Wilcox

8

4-29

12-28

30c

Electric,

Welt

1-

$50c

10-

Baker-Raulang Co. (stock dividend)
Baldwin-Lima-Hamilton Corp.
(quar.)

3

{15c

—

(quar.)

&

Stock

Backstay

1-29

7-29

Kan.)—

Santa

Mills

12-21

f50c

Extra

10-29

(s-a)_

Devices,

12-14

6

1-29

{50c

4

Corp.—

Corp.

Corp., $2.25

Audio

4

1-

fSOc

Corp.

Avondale

1-

25c

$1.50

_

J50c

(annual)—

&

75c

(year-end)

Class B common

(s-a)

vtc

(quar.)

common

Ltd., class A pref.

Co.,

Class B

15c

preferred

Co., Inc.

Corp.,

&

12-28

Class B common

4

1-

5%

and

Refining

(stock

Watch

Burns

dividend)
dividend)

2-19

(quar.)

2nd

Bulova

12-31

12'/a c

Avco Mfg.

{56'Ac

2-15

Co.,

Burnham

(stock

Co.

12-18

T

1-15

$1.25

(quar.)

(quar.)___

12-31

6-28

1-

{10c

class

12-31
12-31

1-15

5

1-15

1

1-10

1-15

7-

1-25

2-15

12-31

$2.25

1-25

2-

1-15

Mfg.

Canada

1-14

12-29

107o

12-28

preferred

Atlantic

5

15c

tqi-arj—i

Terminal

York

1-11

1-

30c

fquar.)_

Bullard

$1.20

City

1-11

2-

12-31

5

City Electric

1-26

4

1-10

$2

4.35%

$2.50

Ltd.,

Ltd.,

Brewers,

-

Thermoid

5%

1-11

1-

12-31

Hegeman Electric Co.—

Steels,

$1.25
(quar.)

Sum Drug
tstoek dividend
Superior Steel'Corp. (quar.)

Walker

1-27

redemption
plus this

(quar.)

6preferred (quar.

United

Atlantic

1-2

2-10

(s-a)

Topeka

Atlantic

share

per

America

Co.,

Container

Strathmorc

3.

1-20

12-31

pre¬

Co.____

Brock,

Sterling

U.

1

1-18

1-14

16c

5%

1-

B

preferred

1-20

37 Vic

Buicks

$2.25

5c

(quar.)
convertible

12-21

1

30c

$1.72

6

2-

93 %c

.

Drug, common
preferred (quar.)_

Standard

Union

5%

4

5c

preferred

$32.75

.

12-28

1-

12-28

Extra

25c

14c

Mfg.

1st

Time

2-

,

1-15

$1.25

Investment

Atchison,

$1.37 %

_____

A

Southwestern

.

1-

1-15

17 Vic

(s-a)

Constable

$1

Sheraton

Stone

1-29

1-15

15c

(quar.)

1

(quar.)

Ltd.

Equipment

1-15

35c

15c

(quar.)

preferred

8

(quar.)

Smelting

.

Corp.

Associates

2

12-31

30c

(quar.)

7%
&

Nitrate

Arrow-Hart &

Atlas

Extra

$5

1-

1-15

50c

1

Storage

1-15

62 Vic

(quar.)___

issue

at

"Arlington

8

1-31

(accum.)

Milling-——________________

8

Aro

$1.12%

(quar.)

i

(entire

Feb.

Arnold

12-21

(year-end)-—

Co.,

Finance,

dividend)

12-21

1-

(quar.)

preferred

7%

25c

Inc. (quar.)
Corp., Ltd., common...
4'/2%
convertible
preferred

Co.—

common

Carlos

2

1-29

10c

___.

Seaboard

1,

12-31

32c

preferred

Schaffer Stores 6%

on

(quar.)

Inc., common—
preferred
(quar.)

3%%■

12-21

12-28

preferred

6%

1-15

Quarterly
Cameras,

Common

Machine

Brewing

2

12-28

3-

Year-end

i

preferred

Top

1-

1-15

1-

Argus

A.)

Railways Co.

Co..

5%%

12-21

4

2 Vic

15c

Argus

Inc.—

Co,

k

12-29

90c

(resumed)

Browing

1-15

2%

Bottling
(C.

convertible

Pittsburgh

Sam

Co.

shares

Davis

Perkins

Red

Aggregates,

Coca-Cola

:_i.

dividend)

'% convertible preferred

American

1-15
1-15

1

12 Vic

Co.

Ltd.

Pantepec

1
1

2-

10c

:__

Oneida,

Panama

22-

30c

Oilgear

4 Vi

10c

10c

4

1-

60c

Anglo-Newfoundland Development Co., Ltd.—

25c

(quar.)

Co.

class

A,

1-

12-28

$1.12 Vi
12 Vic

Pulp & Paper Mills,
preferred (Initial quar.)

Class

1

1-15

(quar.)

Products, Inc. (quar.)

Anglo-Lautaro

4

1

2-

1-

(extra)

Association

dividend

$2.80

2-

7Vic

(quar.)_

preferred

Bottle

Lead

Anglo-Huronian,

37V2C
50c

(quar.)_

(quar.)

increased

com.

12-31

Anglo-Canadian

1-15
12-21

1-15

Post

Stock

4

1

1-15

$1
100%

___

Anchot

12-22

15c

(quar.)

non-cum.

2

Thermos
Turf

12-10

12-31

(extra)

$5 prior preterred
Amoskeag Co.—

1-18

1-

50c

(quar.)

Mfg. (quar.)
Electric Light

&

1-30

American

12-31

1-10

1-15

(bi-monthly)
$3

Telephone (Abilene,
preferred (quar.)

5%

1-15

15c

1-15

pfd.

com.

American

2-15

vw

preferred

$$1.183A

1-15

Ship

1-25

1

convertible

1-15

1

35c

Building Co
American Telephone & Telegraph Co.—
Quarterly

1-15

.v

1-15

5%

12-31

2-

25c

Insurance

Co.,

Co.
Co.

3-

+$1.50

12-31

97 Vic

(year-end)

(quar.)

Gas

Co.

American

l-30.,v^4-15

10c

Engineering,

B

News

1-30 *.£t*A-15

J25c
Co.—

4%% preferred (quar.)
Brooklyn Borough Gas Co.„
Brooklyn Union Gas Co., common

Budget Finance Plan,

1-15

Corp.—

(initial)

Columbia

Telephone
2nd preferred (quar.)

6%

12-31

Class A pref

(quar.)

15c

Power

12-31

1

12-31

$5

(initial)

(quar.)
American Metal Co., Ltd., 4Vi%

6%

Columbia

1-15
2-

Ltd.—

12-31

25c

Co.

Natural

2V2%

Products,

J 10c

common

2

37 Vic

Mfg.

.12-16

Ry.—
dividend)

Forest

Quarterly
New

1-

12- 9

1

2-

$1.25

""12-17

2

6%

(stock

Columbia

Eritish

11-19

4

Electric

preferred

British

1-

1-15

1-10

15c

(quar.)

American

2

(interim)

Columbia

5%

25c
933Ac

1-10

27 Vic

common

(quar.)

Maize-Products

American

10c

-

Extra
Class

preferred

preferred

12-31

1-

British

(quar.)—
dep. receipts

Amer.

1-10

Foundry—

American

2-25 >'

2-

&

8

1-

.

1-15 ""

1-

Machine

3.90%

12-17

Petroleum

10c

4Vi%

&

Gas

Utilities

Northwest

2

50c

Niagara Alkali Co. (stock dividend)
Northern

i

1-

'25c

Ordinary

,

preferred

Ltd.

25c

(quar.)_

common

American Iron & Machine Works,
$1.10 preferred (quar.)
Israel

Celanese,

12-15

12-31

1-

25c

Bldg. Co. (annual)

Extra

12-18

130c

—

A

£>ry Goods

R. >

Mart

12-18

50c

British

4

1-15

6%c

(initial)

2fZ 12-18

Ltd., class A

Chemical

Bedford

2

Bristol Co.
(extra)
Bristol-Myers Co., 3%%

1- 7

2-22

40c

f$1.50

(quar.)

7c

Felt Co.,

&

Hydraulic

30c

(Initial)

preferred

Hair

payment of stock dividends at

special meeting to be held Jan. 6)
preferred (quar.)

6%

Extra

(quar.)

2

{15c

t

Containers

National
New

1-

8

on each ord. share
outstanding
1954 in Canadian funds. Subject to
by
stockholders
of
a
by-law

authorizing

Fidelity & Casualty Co.—

40c

Milfer A* Rhoads.
Modern

3-12

1-19

1-

56 Vic

common

(quar.)

_■

1

3-12

22 Vic

(quar.)

4-

12-18

29)

(quar.)

Ltd.

Refrigerating Co., class A
Products

12-21

1

Common

com.

lextral

B

Middlesex

1-19

8

American

1-

15c

(quar.i

class

1-16

$1.75

(quar.)

1-18

12-22

1-30

30c

__

1
4

37 Vic

1-

1-15

10c

Trucking,

2-15

1-29

11 Vic

Co.

2-

1-

1

4-

American Furniture

50c

iquar.)
6c

3-

62 '/2c

.4.

«

1-

(quar.)

Massey-Harris-Ferguson Ltd. (quar.)
McKales Corp. class A' (s-a)_:
McLean

Holders

When

Payable of Rec.

3c reduced

British

25c

l-15".t'gfVifcS»2

30c

<quar. I

Field

12-18

50c

junior

31 Vic

on

$1.20 redeemable preferredFinance tR. I.) common

Marshall

12-10

75c

preferred

+

Lynchburg Gas Co.

5

1-15

(quar.)

$1.20

$1

Local

A

1-

American

r>-;c&l3i5

$1.75

;

pfd.

Acceptance Corp.

Preferred

12rl0

(quar.)

$1.25

(s-a)

B____

Class

5

(St.

Co.

$1

(quar.)

4'/a%

1-

40c

(quar.)

Co.

12-19
12-10

Co.

12-30

(s-a)

meeting

at

Y.)

10c

Lakey Foundry Corp. (Directors omitted
payment

8

2

5

Distilling Co.

12-22

:

60c

1-

1-

Colortype

T. 11-24

{25c

preferred (quar.)
Kentucky Stone Co. (extra)

Creamery

1-29

1-

$1.75
(N.

Insurance

preferred

non-cum.

1-15

(extrai

L

Lafayette Insurance Co.

5

1-11

183Ac

(quar.)—.

25c

conv.

Knudsen

2-

American

1-15

12-1

(quar.)__l

common

1

1-29

30c

(quar.)

{50c

preferred

Inc.

1

12-30

Corp.__

Co.

Nut

Kennedy's,

2-

25c

(quar..)__.

&

3-

10%

(quar.)

(quar.)

25c

;

:

City

Co.

15c

Extra

Kelling

Share

approval

Bridgeport

com.

Insurance

Board

6 Vic

Jersey Farm Baking common
4% preferred (quar.)
Kansas

2-

{$2.50

iquar.)

Products

t$1.31

American

35c

Ltd.—

Group. Inc
Inc. (quar.)

Drugs,

5

a

(quar.)
Cable & Radio Corp. (year-end)
Car <fc Foundry

Common

6c

2-

50c

Box

American

93 %c

_

(quar.)

1

._

American

1

50c

Book

Extra
American

3-15

3-

Co.—

(quar.)

American

12-10

1

$1.25

Co.,

Automobile

45c

Finance

Hook
Hot

Co.,

preferred

Holyoke
Home

Per

Name of Company
Brazilian Traction Light & Power com stock
dividend (l-20th of an ordinary share and
Jan. 7,

common

on

Alliance

1-15^1

2

125c

(quar.)

Filter

American

i-l'5j;=

37'/2c

1-

4-

Corp.—

conv.

Louis)

Hercules Steel Products Corp.
7%
preferred class A (quar.)
$1

8

Insur.

(quar.)
A

dividend

Air

60c

preferred (quar.)
Helicopter Air Service, class

Aggregates,

American

3^4%

Renfrew, &

1-

2-20

933,4C

50c

preferred
$7 preferred (quar.)

12-31

1

933Ac

__.

Manuiacturing

preferred

5%

Light

common

5%

{50c

Goods

American

-

3-10

of

—

Stock

-*T*15

•

+75c

Co.

American

Ltd.

40c

Gas

(quar.)

40c

(quar.)

common

(quar.)

preferred

Extra

Canada—

of

Lithographing Co.,

Hecht Co.

Holt,

Holders

Payable of Rec.

Share

America,

preferred

Aluminum

8

-•*»»**£:

1-15

-

Canada

1-

2-1

Kentucky—

Quarterly
Havana

Haverhill

-

$1.30

of

laccum.)

Steam

1-

50c

Co.

(quar.)

Realty

preferred

2-

(quar.)

Rubber

preferred

Guardian

62 Vic

(quar.)

Telephone

Goodyear

7%

iquar. j

preferred

of

Canada, Ltd.—
4%
preferred (quar.)
5'A%
2nd preferred (quar.)

12-31- -*4a*>4

Telephone Co. of Indiana—

Inc.

preferred

Co.

Aluminum

S >12*24

1-

25c

General

5.20(p.

of Company

$3.75

2--»t12-24

2-

2V*r/c

f-s'-

Mills,

$2

When

Per

Name

Aluminum

$3.75

80c

pref. (s-a)

General

General

Holders

■*-*.

-

Ltd.—

American deposit receipts 4Vi%
400 Madison Avenue Corp.—
Fulton

Payable of Rec.

45

(45)

'

Insurance

Georgetown
Ford

When_

Share

Name of Company
Firemen's

I

4-

1

3-20

1- 5

{50c

2-

1

f-

25c

2-

1

1-15

$1.25

"■2-

1

1- 8

7

—

46

(46)

i

I

Per
Name

Gas

Co.

(Ga.)

Consolidated Mining
Canada' is-a)

Co.

Gasi Co.

Consolidated

Natural

12-31

Fibreboard

Fidelity

6%

I40C

1-15

12-T3

320c

1-15

12-18

62 Va e

2-16

1-15

,

Royalties, Inc.—

Participating preferred
Consolidated

Textile

Power

Consumers

Co.

preferred

fquar.)_:

preferred

4%

Corp.

$5.25 series

Cory

Corp.

Cosden

&

8%

receipts

12-21

Foote

1-

5

12-11

1-

4

12-15

2-15

2-

1

$1.25

5-15

5-

1

$1.25

8-16

11-15

7-31
11-

1

ordinary

1(4%

(interim)

2-17

30c

1-11

$3

1-18

30c

1-

4

12-23
12-31
1-

4

12-23

Corp.—
25C
40c

(quar.)

common

$2

41-

1

9

3-31

3-10

Co.,

12-29
3-15

25c

common..

(quar.)

1-

4

12-22

$1.75

Sugar

Fort

1-

4

12-22

Class

A

Decker

preference
Inc.

A

(quar.)

Mfg.

Co.

class

Tire

Dennison

Turbine

&

Rubber

Common

class

Detroit & Canada

Tunnel

Detroit

Edison
Hillside

&

preferred

Inc.,

Stock

1-15

12-21

(quar.)__

40c

1-

4

12-23

General

40c

1-15

12-18

6%

12-23

7 >/2 %

(interim)

Stock

1-15

1-

5

4V2%

of

pfd. A (initial)
Crucible Co. (extra)
(quar.)

4

12-15

$6

1-

4

12-15

28 Vic

6%

Ltd

Bridge Co.,

Ltd.

Ltd.,

convertible

Dominion

4Vi%

preferred

preferred

Foundries

preferred

Dominion

Glass

&

Steel,

General

Steel

5%

Co.,

General

4

12-28

5%

1-

4

12-28

I-

1-29

12-30

7%

preferred

(initial

Common

Co.,

(quar.),
Paper Co.

Corlears

preferred

Ducommun

12-23

Gillette
1-15

12-29

$5

1-15

12-29

1-15

12-29

$4.60

1-15

12-27

Gisholt

1-21

12-28

2

1-15

12-15

1-29

12-31

(no

12-15

1-25

$1.12V2

1-25

1-

8

1-

8

Instruments, Inc.
(s-a)__

Association—
and

par

(quar.)
Stainless Steel

12-15

1-

7

12-23

1-

5

12-15

1-19

12-31

10c

$1.50
(quar.)__

10c

15c

22-

Corp.

divid.)

(quar.)

_

Extra

1-15

2-

5

1-26

15c

5

&

American
Electrical

Musical

2-

5

1-

5

12-15

2-

1

1-15

deposits

receipts

7c

25c

Consolidated

1-

1-

4

12-18

50c

Products

1-

4

12-18

5

12-28

Electrographic
Eimira

&

Corp.

(extra)

Williamsport RR.

Walker

&

Dry

12 % c

7%

Goods

7%

1st

preferred

2nd

preferred

(s-a)__

(s-ai

Emerson Radio

&

70c

Emsco

Co.

Y.)

Estabrooks,
Ex-Cello

10c

1-

5

12-11

1-29

1-15

12-31

$26c

1-15

(T. H.)

Corp.

Corp.

12-18

50c

(year-end)

common

(quar.)

Stores,

preferred

(quar.)
(extra)




■

12-15

1-

5

12-15

_

^

1-14

—

2-

12-30

2-

1

1

12-31

1-

4

12-18

$1

1

12-31

5

4.08%
4%

preferred

1-15

12-31

1-15

12-31

1-15

12-31

1-15

12-31

Mfg.

of

6(4%

Insuranshares

Co.

1-

8

Inter-City

1

1-

8

1-

4

Class

1-

7

12-15

1-

4

11-27

3-

5

2-

62 Vic

quar.)

2-

1

1

1-

2

25 c

1-25

1-

9

$1.12(6

1-25

1-

9

$1.25

__'
___

12 Vic

Gordon

8

12-23
1-

8

7%

Ltd.

Co.,

Foods,

International

Machines

batteries,

Gould-National

preferred

International

5%

convertible

preferred

A

Metal

Great

American

New

Insurance

Co.

j

(N.

12-18

6

12-21

2-

1

1-20

2-

1

1-20

Co.

(quar.)

Guenther

Mobile

Insurance

(N.

preferred

preferred

(quar.)

$1.60

1-

5

(quar.)

Co.,

Ltd.,

Jewel

1-26

1-15

1-15

12-15

Johanson

1-15

12-15

5%

pfd.

Bank

(N.

(quar.)

12-

preferred
&

(stock

(quar.)
Co.,

Harris-Seybold

334%

12-15

1-15
2-25

6-10

5-21

Journal

9-10

8-23
2-20

1

1-15

Kable

6

12-24

3-

1

2-

1

6-

1

5-

3

2-23

1-

4

12-15

1-

4

12-15

$$1.25
J

2-15

2-

5

12-10

1-11

12-10

12 Vi %

2-15

1-22

$1.50

pfd.

$1.37(6

1-20
2-

1-

5

Harrisburg

Steel,

new

com.

preferred
Sciiaffner

&

Marx

(quar.)

City

1-

4

12-17

1-

4

1-

4

12-17

1-15

12-31

2-

,

t$1-75

12-17

1

1- 4

1-15

12-18

1-15

12-15

1-14
1-15

-

12-28

12-18

24-

1

3-12

1-

7

12-15

1-15

12-23

1-15

12-15

1

1-15

1-11
1-

5

1-

2

12-15

2-

1

2-

1

1-15

4-

1

3-25

1-29

1-18

12-31
12-21

1-15

1-

5

5

1-

4

12-15

1-11

12-21

12-21

1-15

9334c

Co.

2-

1

1-18

5c

lquar.)„

1-

4

12-24

1-

4

12-24

25c

Co.,

(special)

12-28

$1.25

(Canadal)—_

Ltd.

1-11

$2

___

Co

Machine

1-

8

12-23

12-17
12-

2

preferred

Kansas-Nebraska
Common
Extra

'____

^

(quar.)

Natural

Gas

$5

Tool

—

12-18

37 (6 c

1-

4

12-10

Kerite

Co.

1-

4

12-10

Kewanee

2-16

1-21

Lime

prior pfd.

95c

3-

1

2-15

3-

1

2-15

3-

1

2-15

1-15

12-31

50c

28c

common

(s-a)

(extra)
Co.

12-15
12-15

1-

4

12-16

1-

5

$1.25

(extra)

Keyes Fibre Co., class A (quar.)

12-15

1-12

12-23

1-

5

12-21

1-15

12-31

Co.—-

(quar.)_

iquar.)

preferred

12-15

5

25c

& Transport

Co.,

1-15
1-15

1-

25c

(accum/)

:

Stone

Oil

12-26

5

25c

Year-end

Co.

12-31

1-

25c

1

(quar.)

1-12

1-11

25c

Co.—

(year-end)

(Geo. E.)

Common

12-22

8c

Co.

Keith

1-20

1-15

'

!—

Kearney (James R.)
Kearney & Trecker (extra)

2-16

12-22

$1

(quar.)___

(Julius)

1

1-15

$1.12(4

__s

Island

J20c
25c

(quar.)—__i
& Light Co.—

Co.

Power

preferred
(quar.)
preferred (quar.)
Kansas City Southern Ry.
4% preferred (quar.)

5%

5

1-

2-15

20c

4%

Kelley

1-

75c

15c

.

4(4%

2-26

40c

12-24

$3

—

Kokenge Co.

Sz

31 (4 c

(quar.)

quar.)

1-

10c

quar.)
(special)

(extra)

Johnson

Printing

Kansas

$4

(initial

4

12-28

+20c

Kentucky

Hotel

1-

8

15c

(quar.)
Shoe

Publishing

5%

(quar.)

Co.—

1-

15c

Keller

-

5 V2 '/<

1-11

12-13

1-28

50c
62'4c

:
(accum.)—

(extra)

common

Service

3.80%

$1.06(4
dividendi_^

Co.,

Lamson

&

Julian

21-

12-31

12-15

1-15

$1.09
(quar.)

(extra)—

(initial

Co.

&

Johnson
Jones

$40c

1-21

1-15

t75c
7(4c
$1.30

Extra

3-10

6

Ltd.—

common

common

Brothers

Johnson

4

»"

1-15

1-

5c

1

45c

12-16

50c
10c
62'4c

(s-aI-

(quar.)

Inc.,

preferred

3-12

Co.—

dividend

(Pa.)

Tea

50c

$1.12(6

(quar.)____
Y.>

preferred

(quar.)

Steel

Kayser

Reiractories

4%

Extra

35c

(quar.)

(quar.)

preferred

(A.)

12-31

Paper Co.

preferred

4(4%

1-15

56 (4 c

Cementing
(quar.)

common

Cotton,

4V2 %

Jessop

30c

Well

4

1-29

Electric Co.—

&

shares

Corp.

12-31

of Canada, Ltd.—

(quar.I
Oil

Gas

Non-voting

1-15

3 12

1-

35c

preferred (quar.)—
6% pfd. (quar.)
Mortgage Co.
(extra 1

Founders
Jervis

50c

pfd.

__l

preferred

Hart,

1-15

$50c

4.50%

12-24

1

1-15

$1.25

Ltd.,

Hamilton

5%

2-

33c

12-15

12-16

Jenkins Brothers—

$50c

Products.

Halliburton

9

12-18

$1.25

(quar.)

preferred

Hagan Corp.

9

12-10

4

$1.25

I

(quar.)

__

(quar.)

(quar.)
Jacobs (F. L.) Co., 5% preferred
Jefferson Electric C0.1 (resumed)

$10

(quar.)

com.

Quarterly
Quarterly

1-

4

1-

4
4

60c
t60c
10%
25c

common

Foundation,

preferred

12 Vic

(annual)
(quar.)

RR.

(quar.)
Gypsum Lime & Alabastine

1-

3-19

1-

11-

$1

(s-a)—

(stock divid.)
Telegraph

&

preferred

75c

Y.)

Co.
Co.

Ohio

&

$5

1-30

3-31

37 Vic

1-15

1

2-

Corp.

Co.,

Heintz,

&

10c

Inc.

Fund,

Co.

Publishing

Life

Gulf

1-30

$4.36
Jack

50c

Trust

C

1

4

12-15

£4Oc

conv.

$$3

Mutual

$1,061/4

12-

37 Vic

.

Guaranty

Stock

12-18

1-11

1-

1

1-15

£40c

Department Stores (quar.)

Investors

4

12-15

,

pfd.

6%

preferred

Securities,

(The)

Investment

$$1.50

Guardian

Harris

1-15

$40c

$2

(quar.)__

Extra

6%

Inter-Ocean
Interstate

Iowa-Illinois

25c

(quar.)

com.

Quarterly

Haloid

convertible

4%

Growth Industry Shares, Inc. (year end)
Guarantee Co. of North America (Montreal)

$5

1

Co.—

(special)

preferred

56%

2-

37 Vic

Paper Co.,

Steamship

2-15

2-

1-

4

pfd. (quar.)—
Canada, Ltd.—

International Products Corp.

6%

12-28

1-20

4

1-15

—_

Ltd., common

Co.,

1-

Y.) —

(quar.)

(D.)

Gurney

Power

Utilities

1-11

7

1-

1-

Ltd.—

Investors Funding,

(initial-quar.)
Ltd., com.

common

Lakes

5%

preferred (quar.)
Paints, Ltd..

International

Telephone

12-28

12-22

30c
25c
50c

——.—-—

International

1

12-22

4

1-15

flOc
t37(4c

com

(quar.)

International

1-15

4

1-

$25c

(quar.)____________

common

preferred

3-20

2-

1-

1-U
12-31

Inc.—

(quar.)—

com.

Extra

12-18

31 (4c

(quar.)

1

1

$$1.12(4

Co.,

Industries,

1

56 Vic

(accum.)

2-

2-

5c

.

<extra)___
Society,

Co.______

Harvester

International

Interstate

Union Co.. 4Vi%
preferred
Grayson-Robinson Stores, Inc.—
$2.25 preferred (quar.)

1-11

Products—•

Elevating

International

1-15

Graham-Paige Corp.—

1

1-11

62(4c
50c
15c

—

,

75c

—

2-

32c

(quar.)
(s-a)

-

56V»c

common—

(quar.)

1-11

Corp.

Cellucotton

Extra

$1.40

1

or¬

dividend

IOC

Inc

1-11

2-

25c

(quar.)

1-15

4-

1

(from

Inc.

Powders, Ltd.,

25c

$1.75

(quar.)_

2-

2 "4%

Bronze

preferred

25c

preferred

(quar.)

1

$1

Business

7%

1-15

2-

32c

from

(18c

Inc.

International

5%

1-15

1

(year-end) —

America

Accountants

partic.

4(4%

1

2-

50c

Y.)__
Y.) (quar.)

A

Class

1-15

2-

50c

common-

(N.

Fund,

1-14

(quar.)__.

1

?25c
55c

—,_

Building Corp. (quar.)__

Baking

International
Int'l

12-31

2-

55c

(accum.)

Certificates,

International

12-15

2- 1|

5834c
55(4c
53 (4c
51c

—

1

2-

1-15

4

$1
15c

:

2-

6%

1-

1-15

Ltd.—

Co.,

Fund

North

of

Insurance Exchange

Stock

.

Co.,

12-15

—_____________

Income

4

Co.—

Co., com.

12-15

1- 4
2- 1

<N.

Ltd.,

12-14

State

12-15

______——_—__—_______—10c

income

1-

12-23

12-18

12-15

14c from security profs.)

dinary inc. and
Institutional

1-18

12-15

pfd.

Growth

11-30

4

Light

Securities,

1

4

4

1-15
1-18

—

Commerce

4

1-

12-23

1-

.

Commerce

of

2-

1-

4

1-15

Canada,

Corp.—

Institutional

Insurance

of

&

Power

Bank

2-15

12-23

8

1-

1-15

(quar.)__

Bank

Insley

1-

1-15

t5C

—

(quar.)
Co.

Tobacco

preferred

Indianapolis

12-21

1-

$1.10
$2.50
20c
50c

(quar.)

12-31

21-

$20c

(quar.)

Co.

&

Co.,

Tubes

12-22

6

5

Co.—>

(extra)

dividend

5

1-

12-15

(quar.)___——

2-11

Steel

Stock

1-

20c

4

4

preferred

12-29

Globe

12-18

621/2

H_II

7

1-

preferred

of

Harrisburg

(quar.)

7

4.42%

Co.

4

Inc.—

3-15

12-28

1-

(quar.)

Nickel

1-

4

12-15

1-

(quar.)—_—

common

International

Hanover

1-

Co.,

preferred

1-15

Harbison-Walker

3-22

Power

1

2-

1

Illinois

2-

1-14

1-15

4

1

1-10

1-

______

56 (4 c

12-10

4-

1-

4-

t20c

(quar.)—

preferred (quar.)
Glen-Gery Shale Brick (quar.)

4

5c

1-15

,

35c

Co.

Brick

2oc

41/2 %

2-15

50c

1

1

Extra

4%

1-28

35c

1

1

*25c

Co.

25c

1

1-25
1-15

22-

1

(s-a)

Milling

40c

""""""""

Department

1-

12-15

pref. B

International

25c

(quar.)

Paper Board Co.,
(quar.)

Co.

8

5%

2-15

Hammermill

Co
Inc.

1-

Co., Ltd.—

(quar.)__
(quar.)

Manufacturing & Engineering (quar J

Common

Felters

4

1-30

Preferred

4(4%

1-

5

75c

preferred

Federated

1-15

1-

25c

Foods,

Federal
*

12-31

$10c

Mfg.

Federal

1-15

1-15

(quar.)

Falstaff Brewing
Fanner

12-31

(quar.)
Heating Products, Ltd

&

4.16%

12-18

4

1-15

5c

(s-a)___

Manufacturing Co.

Enamel

Fearn

Corp.
(N.

12-28

1-

10c

(quar.)_.

/

Freight

Empire Trust

1-15

60c

Phonograph

Extra

Emery Air

$1.65

12-16

2-15

2-

Hygrade Food Products Corp.—
4%
preferred (quar.)_
'.

25c

■

com.

Gustin-Bacon Mfg.

(s-a)

6%

pfd.

Co.—

Mortgage Corp.
Hydraulic Press Brick Co
Hydro-Electric Securities Cotp.

Extra'

(quar.)

H.)

$5

Special

Erie

&

1

Gulf

(Seattle)—

Quarterly

12-15

1-

$25c

Extra

Industries, Ltd.—

12-16

4

-i-J40c
$1.75
(quar.)" t$1.50
15c

—

Huron

3-

1-26

30c

common-

1

$1

Griesedieck Western Brewery,

1-

2-

15c

Co.

Green

1-15

12-30

55c

Tool

12-18

1

4

1-

I

6.40%

Industrial Silica,
v

Mines, Ltd

12-18

1

2-15

on

held)

(quar.)

4

25c

of America

Common
Electrical

A

4

1

1-

2-

___^—

preferred (quar.)—
Huntington Hall, vtc
i

22 Vic

1-

15c

Elastic Stop Nut Co.

par)

_:

1-

2-

12 24

2-

(quar.)

A

25c

Great

2-

12-18

1-11

50c
25c
$1
60c
9334c

Ltd.—
class

corn.—

(P.

Great Lakes

2-

1-15

4

1-

3714c

(Jersey City)

common

1-

1-15

40c

B

1-20

1-15

5%

4

$1

(increased

McBean

1

$1,121/2

;

1-30

—

____

40C

&

Common

(stock

Produirfts Co., common
4(6%'' preferred (quar.)

12-30

—

preferred (s-a)
Co.
(quar.)—

Co.,

convertible

80c

Class

Industrial

common

7 Vic

(quar.)

12-31

1-25

12-31

(quar.)__

common

35cP

Gladding

1

'

,

par)

1-

$1.37 Vi

25c

$2

Ekco

Co.

4

20c

Supply (special)

1-

5

1-30

—.——

County National Bank

Industrial

(quar.)

Grand
&

$1.75

_

1-

12-31

Motors

$$1.25

Mfg.

Co.

Globe-Wernieke

1

1-15

12-31

(quar.)_.

Co., 5%

Electric

Institutional

Machine

preferred

Scale

Imperial

.

Inc.,

Machine

Golden

87 (ic

Preferred

Brothers

($1

and class B

(quar.)

Brothers,

12-21

2-

1

$10c

Extra

>

Inc., common
preferred (s-a)

Racing

stock

Ltd.,

Gold

com.

preferred

12-21

12-10

2-

40c

1-15

8

4

5c

Bennett

1-15

1-

1-

20c

Lewis

Co.,

Gimbel

1-

1

56y4c

(quar.)

&

4Vi%

Industries,

Common

Gilbert

$20c

1

4

Ltd.—

(quar.)__

Yellowknife

$62Vic

$40c

(quar.)

Metals

6%

B

$1

Dumont-Airplane & Marine

Eastern

1-15

$16

East Pennsylvania RR. Co.

Eastern

Giddings &

Properties—

(quar.)
(quar.)

^.$4.50 preferred
Duke Power Co.—

New

1-15

Nemours

preferred

Eastern

1

2-

5
5

1-15

4.26%

May Corp.

25c

(quar.)

Park

Liquidating Oryden Paper Co., Ltd
$3.50

2-

25c

Co., common
preferred A (quar.)

•du Pont de

Giant

$$1.75

Chemical

&

Class

Gerotor

1-15

Ltd.

preferred

Dock

1-29

1-29

1

$10c

Textile

Donnacona

2-25

2-

Glatfelter

(quar.)

Dominion

1-

2-

$1.50

Brewing/class

2-25

$$1

quar.)

Dominion Square Corp.
(quar.)
Dominion Steel & Coal Corp. (quar.)
Dominion Tar
& Chemical Co.,
Ltd.—

5

11-

1-15

(quar.)

Corp.,

preferred

4.70%

(quar.)

preferred

Genesee

$25c

j,

1-15

$1.25

__"____

(quar.)

preferred

$17 Vic

quar.)

8

Co.—

Special

____..

1-

Telephone Co. of Calif.—

4(6%

Ltd.—

(initial

common

Extra

5-10

1

2-

25c

___—

Wares,

preferred

1-

t$1.12Va

___:.

5-25-54

93 %c

Securities —

General

12-

Ltd.—

(quar,)

12-18

87 Vic

(quar.

(quar.)_:

12-21

$37 Vic

1-25

$1.50

(quar.)

12-31

$20c

(quar.)

preferred

Realty & Utilities Corp.

+40c

(quar.)__

common

12-18

$1

(quar.)

preferred

$$1.50
Fabrics.

12-15

8

i_

class A

4

$17 Vic

4

1-

25c

pref.

non-cum.

6

1

1-

$10c

1-

2-

12-17

—-

1-

2-15

4

50c

(quar.)

1-10

25c

1-

Corp.—

share of

$5.50
General

37 Vic

(quar.)

.«

Co.

Finance

Hughes-Owens

12-16

12-24

_________

(quar.)

preferred

$1.75

pfd.

(quar.)_____

1-

1-15

1-15

preferred (quar.)

4.40%

Illinois

$1

(quar.)__

Commercial Co.,

6

Public Service—

4

1

6

1-

31 (4c

(quar.)_

Corp.

35c

__

1

12-16

1-

1-15

(s-a)

3%

1-

$4

5%

Howell

75c

pfd.

(s-a)

A

General

1-

Howe

12-18

$10c

Petroleums of Canada,

Class

12-29

1-15

12-18

4

General Products Mfg. Corp., Ltd.—
Class A & class B (stock div. of one share

9'

7 V2C

,

1-15

1-15

25c
25c

preferred (quar.)

Hudson

(quar.)

$3.50

pfd. 1st series

Ordinary

3-

Fund—

income

Extra

Edgar

12-22

2-

4

1-

common--

Advertising

Package

General

5%

Co.

Mines,

New

1-15

1-11
1-11

c

1-

25c

(quar.).

Outdoor

each

for ordinary

Manufacturing Corp.

Dominion

k

25c

(quar.)

preferred

20c

preferred

New

1

50c
10c

Common

Dominion

1-15

1-15

5%

.

investment

Dohrmann

12-23

1

1-14

Corp.

preferred

preferred

$5

Ltd.—

(Josephi

Dodge

5

1-29
2-

37 (2

(quar.)

common

Cup Co.,

Dixon

1-

10c

Corp.,

Motors

$3.75

General

50c

1

1

(s-a)

20c

(quar.)

2-

334%
4%

8

Corp.—

A

;____■

General

dividend

Dobeckmun

Finance

preferred

12-21

Oiversey Corp.

From

5%

1-15

Co.—

2-

(increased)

Instrument

Company

Diversified

General

Co.

20c

com.

American dep. rets,

Stock

Electric

General

dividend

Distillers Co.,

General

12-23

RR.

12-17

2 Vic

preferred

4

Western

12-17

4

Corp.—

Dynamics Corp.,

convertible

1-

(extra)

Co.,

$2

10c

.___

12-15
1- 2
1- 4
1-15

25c

Household

4

25C

Foods

$2

Match

Diebold,
Di-Noc

12-16

1-15
1-20
1-14
2- 1

12V2C

common

Horder's, Inc. (year-end.)—
Hotel Lexington, Inc

$1

Ltd.____
Supply, 5%

General

(quar.)

Corp.

South

Stamping

Diamond

$1.50

12-16

5

50c

:_
"Walker

(see

A

Insurance

Home

3

_"_

,t

Builders

General

4

1-

W.

&

& Co., Inc.,

(R.)

1-

(quar.)

_'

Bakeries,

7

4

1-

1-15

12(40
1214c

(quar.)

Hollingshead (R. M.) Corp
Holly Sugar Corp., common (quaf.)
5% convertible preferred (quar.)

3-

(quar.)

B

1-11

1-

1

1-15

$6

—

(quar.)

common

Film

&

12-24

Semi-annually
Detroit

Ely

Co.,

(quar.)

5

Co

Detroit

A

Class

1-

1-

2-

1-15

preferred

G.

Walker

Class

50c

(quar.)

1-

)extra)

A

12-31

8

2%'

—

'

(Hiram)")
Hoe

$1.50

_'

preferred

$1

(extra)

common

Class

1-25

Manulacturing Co.—

Voting

1-

35c
common.

General

1-21

7%c
(year-end)

Co.

12-30

12 Vic

(quar.)

B

Aniline

General

2 (2 c

Denman

7%

preferred

;

5

1-11

12-21

12-30

$2

Packing Co.

1-

1-25

Hiram

1-15

53(40
15c

common
dividend

preferred (quar.)
(Ed.)
Lumber Co

12-31

1-15

25C(

conv.

Hines

2 Vic

„

(quar.)

preferred

1-15

50c

(quar.)__

Steam

—

30c
45c
25c

__—

(quar.)

common

convertible

5%

12-15

Payable 0) Rec.

'

4%

50c

:__

12-22

1-15

20C

—

(quar.)__

convertible

B

10c

__

(quar.)___

(quar.)_

Laval

7%

(quar.)

(quar.)

(quar.)_

Stock

1-22

$15c

(quar.)

5%

Col,

Class

93%C

(quar.)

Extra

2nd

(quar.)

Ltd

—

(quar.)

common

Higbie Mfg. Co.,

4

4

1-

Co.

Co.,

Chocolate Corp.
preferred A (quar.)_____—

4(4%

5%

1-/ 5

37 Vic

Co.

Co.

Co.

Gannett

12-31
8

12-

A

.

——_—■—

iquar.i

Glass

J.)

Rubinstein,

Hershey

Ry.—

Southern

Canada,

Brewing Co.

Gardner-Denver

1-20

8

12-17

5

10c

Co.,

10c

1-

4

1-

1-15

General

1-

1-

50c

(H.

Class

12-17

12-23

9-15

1

71- 4

5

9-29

Brothers,

15c

2-

$1.75

1

11-25

Corp.

Hazel-Atlas

12-18

5

1-30

(quar.)__»

2-

Helena

4

4

1-

$1.183/4

Extra

2-

12-16

11-

50c

62 Vic

1-30

Garlock

$1.13

Heinz

30C

3-17

$1.08

12-16

20c

6-16

(quar.)____

12-23

4

55c

2

(quar.)

6

1-

Froedert Corp., common (quar.)
$2.20 preferred
(quar.)

2

& Light, $4.24 pfd.
preferred (quar.)

1-

Fuller

4-

Davidson

Dome

of

Franklin-Adams

7-

3%%

—

—

_.

class A

Co.,

Mfg.

Hayes

common

&

25c
21 (4c
25c
25c
15c
30c
15c

——

(quar.)

Inc.__^—

Industries,

$5

__________

Moines

Co.

preferred series D (quar.)___
preferred series E (quar.)__

Hayes

10c

Game well

5%

5

sur¬

(quar.)

(quar.)
Co., Ltd.—

Haydock Fund, Inc.

(quar.)

Corporation

$1.75

!____

Dayton Rubber Co., com.

7%

Y.)

common

Des

Mfg.

Electric

$3

Utilities Co.,

Frankenmuth

$1.75

Laboratories

available

prior pfd. (quar.)
(year-end)

common

Kleiser

Foundation

(quar.)

Corp.,

Dixie

(N.

5%

Co.,

Dodge,

Fram

1-

capital stock and
declared out

Initial

(quar.)

4V6%
Dana

Co.,

&

preferred

______

(s-a)

common

preferred series B (quar.)
—_—
4'4% preferred series C (quar.)—

12-31

stock

profits and/or
Bank

preferred

Gabriel

(quar.)

Forster,

its

on

Corp.

Burt

Foster

1-20

75C

(quar.)

Year-end

Dallas Power

$4

1-15

1-15

40c

the corporation

Public

preferred
preferred

Cutter

Dry

Florida

4j/2%

5%

capital

America,

of

5%

$3

Flintkote

2

(stock dividend)

Corp.

Mfg.

Corp

Hawaiian

1-14

3-

Extra

12-30

25c

$3

net

Flagg-Utica

1-15

$1.25

__

International

A

12-31

preferred

-

7%

Dow

12-30

$1.25

preferred

7%

Oe

12-30

1-25

20c

____

(quar.)

7%

1-25

American—

Cuban-American

1%

1-12

90c

the

plus of

1-30

3-31

'

A

First National

$1.31 (4

_

__v.

class

2-19
12-16

of

class

4%%

(quar.)

___„

Ltd.

■

Corp.—

Corp. (auar.)
Realty (quar.)

Cork

Crum

4

Hat

Corp.—

Pavement
its

Haskelite

1-14

25c

!

Boston

1-16

Fran.)—

(San

5c
5%
25c
56V4C

Corp.

1

33.(6 %

____

Firestone Tire & Rubber Co.
First

75c

Holders

When

Per

Share

Name of Company

1-30

2-

$1.50

—___

(quar.)

Maryland

Insurance

Quarterly

$1.75

>

Creamery Package Mfg. Co. iquar.)
Crestshire Corp., vt.c (annual)____
Crowley Milner & Co. (year-end)_.
$1

1

1-

25c

Quarterly

Crown

3-

4

30c

__

_

Electric

Quarterly
Courtaulds,
Deposit

5

'

preferred

_.

5

3-

^

(quar.)

(year-end)

Quarterly

3-

1

50c

Petroleum

Cosmopolitan

1

4-

$1

iL

(quar.)

A

4-

$1.13

12-31

of

.Monday, January 4, 1954

.

Holders

Harvill

(quar.)_

Co.

dividend
Fund

When

Payable of Rec.

Inc.—

preferred

Deposit
/

Extra

of

common

____

Cornell-Dubilier

1-29

(quar.)

Rubber Co.______.

preferred

2-20

____;

Products Refining,

7%

1-

__

(quar.)

Extra

1-18

$1.12 «/2

—___

Foundry & Machine Co.

Cooper Tire &
Corn

&

Stock

America—

of

preferred

Continental

1-15

10c

55c

<quar..l__

Container

15c

/.

(reduced)

common

$4.50

Products,

prior

Fireman's

Inc.

$4.52

,

(quar.)

(quar.)___

Co.,

Per
Share

Name of Company

1-15

of

...—___________

____———___

Consolidated

Holders

Payable of Rec.

12'/2C

(quar.)

Smelting

&i

.

Extra

When

Share

of Company

Consolidated

The Commercial and Financial Chronicle.

35c

3714c

1-15

1-

8

37'/2C

4-15

4-

8

$1.25

1-15

1-

8

35c

1-14

1-

4

15c

1-

5

12-

1

75c

2-

1

1-11

Number 5287

Volume 179

The Commercial and Financial Chronicle

...

47

(47)

Per
Name

of Company

Keystone Custodian
Lower

priced

Funds—

Bond

investment
Low

"B-3"

Fund

Fund

Kimberly-Clark Corp.—
4%
convertible
preferred

Knapp-Monarch

Co.

Kroger Co.,

$1

Kwisket

Locus,

Inc.

1-15

1-

8

12-31

1

1-

8

12-26

$1.75

2-

1

1-15

1-

6

6'Ac
6'Ac

5-

1

4-15

15c

1-

5

12-18

.2-

1

1-15

Royal

Mountain

57c

Mueller

1-

4

12-18

cash

1-

4

12-11

before

1-15

12-31

Shares

Mutual

1-21

4-30

4-21

Myers

29c

7-31

7-21

National

$1.16

preferred

(auar.)___

29c

10-31

10-21

National

preferred

Lawson

&
A

(stock

for

April

2,

Resumed

12-15

Natonal

1

12-22

National

Lead

12-31

National

held,

lVs

to be

pfd.

pfd.

(quar.)__

96'Ac

1937)

com.

(quar.)

(quar.)

guaranteed
Aircraft

Corp.

12-11

National

Power

2-18

&

preferred

Trucks,

Inc.

Macy

(R.

&

H.

1

Co.,

&

Stores

Mannattan
From

dividend)

1-15

12-31

New

York

1-15

12-31

1-15

12-15

1-11

12-31
12-31

1-15

12-31

5%

1-15

L

$1

2-

1

$1.0614

___

2-

1

.

(quar.)

20c

(quar.)

$25c

$$1.25

______

(quar.)

9c

Co.

Co.

(quar.)__

40c

(quar.)

77c

75c

1-15
1-15

preferred

(quar.)

30c

-1-

4

1-

2

',

Co.,

57c

Porcupine

McKinney

Mfg.

&

Thermit

$1.0614

preferred
preferred

4.90%

3-

1

12-21

25c

2-

5

1-11

12-29

1714c

1-

4

12-21

2-

1

Michigan

Steel

$2.50

(s-a)

I-

8

1-20
2-

1

12-31
1-11

Holders

II-

2

of

record

11-21

1-12

1-

4

50c

1-

5

12-

9

$1.10

2-

1

__

4

Co

15c

1-

7

12-22

$1

1-11

1-

2

1-11

1-

2

25c
$1

(quar.)_

10c

above

company

1-15

1-15

12-31

12-31

1

2-11

1-15

12-31

I-

12-18

3-

Mfg. Co. common
Class A (quar.)
}

Millers

Falls

(quar.)

10c

15c

Co., common

(quar.)

Milton

Bradley Co
Minneapolis-Moline Co.—

&

Ontario

7%

preferred

Loan

5 V4 %

Society,

Power* Co.

12-31
12-31

1-

4

12-17

2-15

1-29

2-15

1-29

50c

1-30

12-21

$2.25

1-

4

12-18

25c

com.,

1-

6

12-18

$2.50

common
■

class

A

(quar.)

1-

6

12-18

5c
34%c

Co.,

40c
common

(quar.)_

1-15

1-

3-

2-24

1

1-27

1-

2

Telegraph

Monumental

Radio

Co.
vtc.

50c

(quar.)

1-15

12-

1-20

12-31

440c

(quar.)

1-15

12-15

7

35c

1-

4

12-18

30c

Extra

1-

4

12-18

Moore-Handley Hardware Co., Inc.—
Common

Morrell
Morris
Morris

$2.25

(quar.)

*.

(John)

& Co

(Philip)

15c

1-30

1-

2

see

Plan Corp.

preferred

Philip Morris.
of America, com.

(quar.)




2-

1-

2

2

1-15

12-21

1-15

12-18

1-

5

—-

$1.25
Pacific

preferred
Gas

&

pfd. (quar.)
dividend)

pfd.

5

Intermountain

(quar.)

1-

4

(quar.)

1-

9

12-31

2-

1

1-16

1-

5

11-30

1-

5

12-28

1-

4

12-

1-

4

1214c

1-29

1-

8

3

2-10

1-

8

1-14
12-28

1-21
1-15

5c

2-

1

1-

8

56'Ac

2-

1

1-

8

$2

8

1-14

1-

3
3

67c

1-

6

1-

8

12-18

1-15

12-31

1-20

12-31

1

1-15

2-

1- 2

1-30

12-

5%

9

12-22

25c

1-

5

12-18

1- 4

12-15

2-15

Ltd.,

2-15

(quar.)

12-18

1-15

12-28

1-26

1-

4

1-26

1-

4

1-18

1-

4

15c

1-15
1-15

12-28
1-

2

1-15

12-31

1-19

12-28

2-

1

1

1-15

1-15

12-28

2-

1

3-19

1-15'

12-18

$1.183A

1-15
1-15

12-18

1-15

12-31

1-25

1-18

1-25

1-11

5%
$1.10
$1.12'A

4-

12-18

4.247c

preferred

2-11

1-11

3-12

2-26

3-12

2-26

1- 4

12-10
1-15

2-15

2- 1

1-

4

20c

1-25

1-

9

,

(quar.)

preferred

(quar.)

Penobscot Chemical Fibre,

Non-voting

$1.06
$1.06'A

Co.

3-

1

2-

1

2-15
1-15

common—

3-

1

1-

12-15
12-22

$1.50

1-20

12-22

2-25

1-15

1-25
1-25

1-

5

1-

5

3-15

87'Ac

4-

1

1-

7

12-

1-

8

4

12-10

2-11

I-14

1-14

12-24

1-

7

12-

7

12-

7

1-

7

$1.25

2-

1

1-15

25c

2-

1

1-20

50c

(quar.)
(quar.)

2-

1

1-20

25c

1-

4

II-27

10c

(extra)

1-15

(extra)

Corp.

1-

8

$10c

2-

1

1-15

$25c

;

2-

1

1-15
7

40c

1-22

1-

1-22

1- 7

50c

(quar.)

&

Engineering

1-30

1-15

2-

1

12-31

1-

6

12-15

1-25

1-11

Co

(stock dividend)

10%)

Oil

each

5c

;

Supply
&

Co.

Gas
of

50

of

Co.

shares

tingent

California

(initial

capital

held.

(quar.)

stock

stock

($1

dlv.)
is

permission

Corporation

Revere Copper

35c
—

for

par)

Payment

receiving

on

con¬

from

& Brass, Inc

Reynolds Metals Co.

Rice-Stix,

1-

Commission
$1

Racing Association, Inc.

7

12-15

1-

5

12-15

15c
50c

(year-end)

1-15
1-

5

1-

4

12-21

Inc.—

7%

1st
2nd

preferred

(quar.)__

$1.75

4-

1

3-15

1%

1st

preferred

(quar.)

$1.75

7-1

6-15

7%

2nd

preferred

(quar.)

$1.75

7-

1

6-15

7%

1st

preferred

(quar.)

$1.75

10-

1

9-15

1%

2nd

preferred

(quar.)

$1.75

10-

1

9-15

12-18

Rieke

preferred

Metal

Riverside

(quar.)

Products

Cement

$1.75

1

Corp.

(reduced)

Rochester

Button

Rockwood

&

5%
Rome

Co.

Co.,

series

Roddis

15c

^1- ^

20c

5%

Plywood Corp.

(quar.)

1-15

$1.25
$1.25
10c

Corp, (quar.)
(Geo. D.) Corp. (stock

Roper

2-15

$1.25

(quar.)___

Cable

Rothmoor

1- 4

50c

prior pfd. (quar.)____
preferred (quar.)

A

Class

35c
10%

A

dividend)

&

(quar.)

St.
St.

Fine

Corp.

Louis, Rocky

Antonio

Mountain & Pacific

Transit

Savannah

1- 4

1-15

1- 4

—

&

Co., Ltd.,
Industries

preferred

5'A7o

preferred

A

5'A %

preferred

A

Fetzer

Co.

Scott Paper Co.—

preferred

3.65%

Finance

convertible

$1.50

1-15

preferred

1-12

12-28

12-17

preferred

Seaboard
Seatrain

Security
$1

5

12-15

1-17

1-10

2-15

2-

1

14c

5-15

5-

1

20c
25c
22'Ac

1-15

12-31

1-15

12-31

1-15

12-31

1-15

12-31

1-15

1- 4

1-15

1-

2-

1

1-15

2-

1

1-15

2-10

1-20

1-15

1- 4

1

1-20

4"

1

2-

27'Ac

(quar.)
(quar.)

27'Ac
27'Ac

5-

8-

2

7-20

30c

1-

4

12-21

(quar.)

Co.,

$2.12

1- 7

5

1-

25c

(quar.)

1

4-20

1-19

2-

1

85c

2-

1

1-19

25c

1-12

12-29

$1

(extra)

-—.

preferred (quar.)
preferred (quar.)

4.30%
Seaboard

$5.75

40c.

5

1-

Mfg. Co.—

$1.72

12-28

3-

12-31

(quar.)

Inc.

12-18

12-28

1

1-20

1-25

50c

(quar.)—

(quar.)
(quar.)

Williams

12-18

1-12

4-

$20c

preferred

&

$$1.06

1

12-21

1-12

Inc.

A

$3.40

12-28

Co.—

class A

5'A7o

$4

12-28

1-15

$1.34

Power

B

&

1- 4

1-15

22c
25c

& Co., common
Schwitzer-Cummins Co.

Scott

(quar.)__

(quar.)

1- 8

15c

com.

—

(quar.)

Electric

&

1-15

1- 4

25c

Schuster (Ed)

Scott

12-15

14c

1

Co

preferred

Schenley

7

$10c

preferred
&

Class

1-

1-15

Co.—

(quar.)

(quar.)
preferred (quar.)

5.367o

12-10

25c

Co

preferred

4.40%

12-31

5

25c

(quar.)

Quarterly
San Diego Gas & Elec. Co.,
4'A7«

12-15

1-15
1-

50c

(resumed)

(increased quarterly)

Sargent

5

$1.12y2
—

Inc.

St. Paul Fire & Marine Insurance

5%

4

5

1-

12-15

37'Ac

common—

(quar.)

Foods,

Lawrence

San

1-

4

1-15

5c,
2'Ac

*

preferred

W.

1-

1-29
12-

10c

(quar.)

common

Royal Typewriter Co., Inc.,
4'A%
preferred (quar.)
4'A7o

3-15

5c

Corp.,

Extra

S.

4-. 1

Co.—

$1.25 partic. class A (accum.)
Robbins & Myers, Inc.
(extra)

1-8

75c
__.

2-15

6

1-20

5%

Electric

15c

Year-end

(year-end)

2-15

10c

(quar.)

25c

(quar.)

(quar.)

Phelps Dodge Corp.

2-15

1

50c

(quar.)

Stores

Seaboard

Permutit

1-14

1

3-

50c

(quar.)

Co.

15c

voting

common

Peoples Gas Light & Coke

1

3-

$1.50

Co.

Scovill

4.257c

2-

75c

(quar.)__

(extra)

(Canada) Ltd., common

share

Scarfe

$75c

——

Pennsylvania Power Co.—

preferred

California

1-15

$$1.50

(quar.)

Co

12-18

50c

One

1-10

12-28

75c

(quar.)__

common

preferred

12-18

4

25c

(year-end)
(quar.)

Corp.

Remington Corp.

1-10

$1

Traffic

A

Bit

preferred

Renner

4

1-15

1-

25c

Penman's,

Penn

preferred

Reitman's

12-31

25c

(quar.)

Special
$3 preferred

4

1-

Corp.—

Reed-Prentice

12-22

1-15

Co.—

Year-end

Pemco Corp.,

1-

$1

dividend

Rced Roller

12-28

1-11
•

1-

25c

Transport

12-23

40c

!

(initial s-a)

Stock

12-21

1-22

10%

(quar.)
&

12-10

1-15

$30c

Reece Corp., 5% preferred
Reed (C. A.) Co., class B

Reserve

$1.50

dividend

Petroleum

2-23

$2

35c

Co.common

Tube
B

Republic

Express—

preferred (quar.)
Pacific Vegetable Oil Corp.—

American

1-14

$1

$1.12'A

1

common

1st

2nd preferred

Reliable

Extra

(quar.)_

4%

Class

12-24

55c

6%

Pan

1

$1.06'A

Raybestos-Manhattan, Inc.

12-23

$1.25
31'Ac

dividend (subject to ICC approval)
Lighting Corp., $4.40 pfd. (quar.)—
$4.50 preferred (quar.)
$4.75 preferred (quar.)
Pacific Telephone & Telegraph—

Co.

Purina

Reading

$1

Pacific

Packard-Bell

1-12

15%

,__

America,

convertible

Ralston

12-11

5%

(quar.)

Electric

1-12

12-31

$1.05

Extra

12-18

1-

$5
1

5%

of

Reading Co., common

$L25

20c

Finance,

Corp.

$3.50

$1

—

Products, Inc., 4%

Pacific

1

an¬

19)

(quar.)

6% preferred (quar.)
Quebec Power Co. (quar.)
Radio

5c

common

__.

(stock

2-

1-15

20c

1

5c

__—

Corp.

Co,

1

Extra

Extra
Can

the

(quar.)

1

25c

Pacific

at

Jan.
com.

common

1

$$1.75
A__

Corp.,

(quar.)__

on

on

(year-end)

Co.,

2-

6

$1.50

Extra

Montreal

Co.

Arms

Inc.

2-

t25c

class

Peerless Cement Corp.

(quar.)
&

8
8

RR.—

(quar.)

Montgomery Ward

1-

3714c

(quar.)___
(quar.)

(accum.)

preferred

Montana

Rubber

Elevator

Stock

Monmouth Park Jockey Club,
5% preferred (annual)
Monroe

5

1-

20c

Paper

Missouri-Kansas-Texas

1-

$1.3714

preferred

(quar.)
$1.50 convertible 2nd preferred
Minnesota

1-15

25c

r

1st

4

25c

Extra

$5.50

O'Sullivan

preferred
Oats

12-

Ltd.—

Stock

6c

4>A%

5

$25c

—

Co

(quar.)
preferred (quar.)

Pacific

^

(monthly)

Miller

1-

15c

Common

Pabco

voted

of

2-15

15c

Oxford Electric Corp

1-15

be

To

Co.

2-15

$1.12'/p

—.—*—

Overbrook

1

Trust Co.

&

meeting to be held

Pullman,

50c

common (reduced)
(quar.)

1-15

2-

Bank

stockholders.
nual

Public Service

Quaker

50c

(Ohio),

2-

25c

12-21

20c

preferred

Osgood Co.

90c

12-30

50c

12-29

$1.31'A

Debenture

12-31

7%

(quar.)

&

12-30

1-15

(subject to the approval of
Comptroller of the Currency and of

12-15

20c

Products Co.,

12-21

1-15

12-18

.

preferred (quar.)
5'A% preferred (quar.)

Corp.

12-10

12-15

5

Co.—

Steel

4

12-31

12-21

1-15

Revere

(extra)

Loan

1-

4

2-

1-21

15c

(year-end)

Ontario

1-15

1-15

1-

30c

Extra

$1.2214

Corp. of Canada Ltd.—
1st preferred (quar.)

1-14

$2

(Minn.)—

1-20

1-

1-15

30c

(quar.)

12-24

Corp.(,

37'Ac

$$1

12-31

4'AT*

12-31

$4c

12-31

Electric

12-31

1-20

$1.17'A

preferred

1-15

Okonite Co.

(quar.)_„__

(quar.)

4'A%

1-15

Otis

B

pfd.

12-29

$1.20

Omnibus

1- 4

preferred

3.60%

1-14

$1.02'/2

Co.

12-31

1-20

45c

(quar.)

preferred

(quar.)

12-15

1-11

Co.,

Co.

4.20%

(quar.)

4

4

Electric

12-15

preferred

&

1-20

25c

4

preferred
Shoe

12-31
12-18

4

$1.25

1-

$4.10

Gas

1-15

$$1.50

12-31

1-

Co.—

of

(quar.)

Olympia Brewing Co

1-

common

(quar.)

Colorado,
(quar.)

1-15

Oliver

__

12-15

90c

Nunn-Bush

12-18

4

8

1-

10c

(quar.)_

12-15

held

(quar.)

Novadel-Agene Corp.

1-

1-

y65c

Co.

6%

12-31

12-21

25c

(extra)

date

shrs.

(increased)

Oklahoma

12-18

50c

4

Service—

Co.

12-10

6'Ac

1-15

1-20

7%

(quar.)
(quar.)

Laboratories

1-

|37'/2c

20c

Power

4

1-15

Preston East Dome Mines, Ltd.
(s-a)
Price Bros. & Co., Ltd., com. (s-a)
Price National Corp., $1 conv. class A (init.)
Procter & Gamble Co., 8% pfd. (quar.)

12-31

1-

12-21

1-29

4.70%

1-4

4

revised.

Miles

1-15

1-14

preferred

1-

$1.50

Stock dividend

1-26

Common

(quar.)_

common

Extra

75c

4

1-

(s-a)

Co.

12-31

$1.12

4

25c

com.

preferred

12-31

1-15

(quar.)

$3.60

$1.75

Public National

1-15

He

of

Ry

1-

50c

4%

share

(s-a)

Ontario

(quar.)

Mid-West Abrasive

12-31

preferred

1-

25%

Extra

Bakeries,

1-15

$1.06'A

1-

4$1

dividend)
Corp.—

Products

Power

12-18

Public

40c

(quar.)

Tube

12-18

4

$1

4%

.

Michigan Surety Co.

4

1-

$4.80

Miami

4.40 7c

1-

(quar.)

States

(extra)

Copper Co. (extra)
Michigan Gas & Electric

Potter

Indiana

Northern

1- 4

1-20

15c

Amer., Inc

Lignt,

Edison

12-21

preferred

12-31

5

Gas

General

12-31

25c

Co.

12-22

5c

of

Portland

4

liquidating)

Corp...

Ry.

2-19
1-15

1-

10c

stock

Machine

preferred

1-

25c

(year-end)
1

4

ll'Ac

Extra

10

1-

12-15

5c

Reliance

of

Northern

1-

$5

1-15

25c

each

1-20

common—

Corp.

5

to

(quar.)

1

2-

12-15

25%

Textile Corp.,
Participating

1-

50c

Engineering Works

15c

(stock

Scott

1-15

$1.50

changed

Refractories Co.

Capital
Central

5

,

dividend

Midland

American

Northeast

5

3c

Cement

&

Portland

12-15

75c

Inc.

for

com.

1-

(quar.)

Portland

12-15

5

933Ac

._.

(partial

liquidation

Elec.

1-

(quar.)

Metal

.

partial

Union

15c

Machine Co.

Merrit-Chapman

Metal

(2nd

Pacific

4$1

Mines

preferred
Co.

Northern

Ltd.—

preferred

5

1-

10c

12-18

30c

Co.,
(quar.)

1-

Corp.
Ry. Co.—

Aviation,

American

4'/2%

Extras

Stock

adjustment

Northern

30c

Corp. Iquar.)
McColl'-Frontenac Oil

Medusa

Capital

American

North

$1.12'/2

20c

(extra)
(name

1-15
4

Extra

$2

(quar.)—

Western

12-31

McCall

Mclntyre

&

12-31

50c

Chemical Corp.
preferred (quar.)
Maxson (W. L.) Corp. (year-end)
Mays (J. W.l, Inc. (quar.)

McKay

Northeast

4%

12-15

RR.—

(quar.)

Corp.

1-15

(final)

Corp.

preferred

Co.

1-15

(quar.)

4.25%

4%

Spring
Electric

420c
com.

(extra)

$1

Special
Porter-Cable

5

Co.—

A

1-15

Mathieson

•

Corp.

$17'Ac

(quar.)

Marquette Cement Mfg. Co.,

McCormick &

Steel

Sag

4

12-15

Hartford

&

series

Mining Corp.

Newport

(s-a)

(quar.)

*
special

Polygraphic Co.

1-

4'/4 7"

<quar.)

preferred

Newmont

Northern

5314c

Martin-Parry

1-20

1-

Corp.—

preferred

6%

1-15

Mining

(accum.)
Service Corp.
(quar.)
Newark Telephone Co. (Ohio)
6% preferred (quar.)
Newberry (J. J.) Co., 33A% pfd. (quar.)

North

1-11

20c

50c

Haven

preferred

1-14

5

1

Co.,

Special

Employees

Association—

Water

1-30

$50c

(s-a)

New

conv.

Noma

1-12

12-31

Plymouth Cordage

1-15

1-15

$l0c

Rosario

No

12-

5

1

2-

40c

_—

York

North

income

Honduras

12-31

1

12-31

2-

25c

12-17

5

1-15

55c

1-

RR.

Corp.

60c

RR

4

1-

12-15

Adams

Cable

37'Ac

Ltd

1-15
1-

2-

_+

Common

6
6

(special)

(quar.)

Electric

&

Niles-Bement-Pond Co.

25c

Shovel Co., com. (resumed)
Telephone & Telegraph Co., Ltd.—

"

11-

Co.

common

Mines,
Gas

Central

York,

5%

New

1-15

30c

Year-end
New

1-15

North

&

15c

(quar.)

12-31

1-15

5614c

Power

Maritime

12-18

Inc.—

Rubber

convertible

Marion

York

(extra)

Trust

Midland

4147c

New

Norfolk

Maple Leaf Gardens. Ltd.
Marine

1-11

12-31

1-15

Paper

1-15

12-15
12-22

8

$2.50

Pleasant Valley Wine Co.

50c

Common

1

133Ac

Fund,

&

Manufacturers

3-20

England

$1.50

*

preferred

Corp.

Bond

Tire

Dickinson

New

$1.50

priority shares

investment

Mansfield

New

15

1

Plastic Wire &

12-21

4

37'/2c

1

(quar.)

Co.,

preferred

1-15

Co.—

convertible

Mangel

2-

1

Meter

$2.40

$25c

(quar.)—

R.)

(P.

Neptune

12-23

45c

(year-end)

com.

common

Ltd.

preferred

4Vi%

12-14

12-23

5

Co.—

Corp.,

Mallory

8
5

1-

1

Pittsfield

12-31

1-

50c

■

Theatres, Inc.
Company (year-end)

Natomas

$1.25

preferred (quar.)

Mailman

National

3114c

_

(stock

Stores,

Co.

1-

2-

12-31

1-15

15c

(quar.)

4

1-15

a7'A%

Pittsburgh Fort Wayne & Chicago Ry. (quar.)
Pittsburgh & Lake Erie RR. (quar.).

12'/2c

Tank

1-

$1.25

:

Co.

Neekoosa-Edwards

4-

(quar.)

com.

4% preferred B (quar.)—
414%' preferred A (quar.)

Mading Drug

4

8

12-31

the

(quar.)

Extra

20c

(Ky.),

(quar.)

Mack

4

12-

62'Ac

(year-end)

Forbes

12-

8

25c

preferred ($25 par) (quar.)
preferred ($100 par) (quar.)
Lowney, Ltd. (quar.)
Co.

1-12
2-

National

10c

(quar.)

5%

5%

2-18

3-10

20c

5%

55c

3-10

12-

13c

Corp., Ltd. (quar.).
Refining Co. (quar.)

Sugar

1

1-

12-31

1-15

10c

____

National Steel Car

12-11

(quar.)

preferred (quar.)
Light, 4.96% pfd. (quar.)

Gas & Electric

6%

Standard

12-11

4
4

o

Co.

Louisville

&

National

5

1-

2-

1

$2.50

1-15

4C

series

Corp.

10c

Co.

5%

Louisiana

MacAndrews

Shares

25c

Watch

Dock

Lunkenheimer

National

50c

5

capital)

3

1-

(s-a)

Lighting
&

of

25c

_

Coal

Balanced

1-15

1-

(quar.)__

4

1-15

50c

National

5%

Extra

Island

1-18

2-15

$1.10

preferred

(s-a)

25c

12-31

(quar.)

$4

Piper Aircraft Corp., 4'/2% preferred (quar.)
Cincinnati Chicago & St. Louis

25c
:

return

(extra)

Longines-Wittnauer

Long

1

1-

1-

Securities Series—

3-15

2-

12-22

Inc.,

Potomac

National Bond series
National

3

4

25c

;

12-31

3-

"l-

Corp.—

12-31

dividend

Lorain

_*____
Stores,

1-18

2-

25c

Pilot Full

$1.25

'

Bearing Co
Mfg. Co. (quar.)

12-23

$1
97'Ac

Fashion Mills, Inc. (quar.)
Pinchin, Johnson & Associates, Ltd.—

$1.50

&

12Vic

Corp., class A_
preferred (quar.)__
RR., original

Candy

(quar.)

common..—__

(quar.)

8

1-10

12-14

25c

Corp.

12-31

60c

12-14

5

75c
.

1-30

$1.25

Pillsbury Mills,

5

50c

Y.)

pfd. series B

1-15
2-

12-31

11-

15c

(quar.)

(quar.)

_

75c

75c

1-15

60c

1-10

60c

Stock

Co.™

$15c

40c

convertbile

Loft

Co.

Service

Motor

$2.50

Corp._

37'/2c

(N.

Co., 67c

Screw

National

Silk

6c

Speculative series
The above distributions are from net in¬
vestment income' (except for $.0048 of
National Speculative
series which is a

$1,121/2

Extra

Lockheed

1-11

12-31

50C

National

1-20

12-31

1-20

50c

37Vic

(quar.)

(quar.)

Miami

stock)

Co.
(quar.)
Manufactures &

National

1-

37Vic

1-20

Philadelphia Fairfax Corp
Philip Morris & Co., Ltd., com. (quar.)
47c preferred (quar.)
3.907c preferred (quar.)
Philippine Long Distance Telephone

RR.

common

Lock

Quarterly

5

1-15

15c

(quar.)

common

Ltd

Co.

Special

3-15
1-

2-

30c

(initial)--

common

(quar.)—

preferred

Little

1

Gas

preferred

1-25
1

1-15

or

on

preferred (quar.)

National

on

Bank

Fuel

National

shares

redeemed

since

payment

new

elects

(quar.)__

City

4'/2%
57c

Lincoln Telephone & Telegraph,

Lipe-Rollwav

12-31

2-10

2-10

1-31

Pittsburgh

Extra

Corp.,

Co.

Bros.,

1-15

2-28
2-28

in

(quar.)

Linen

4-

preferred

Link-Belt

4

1-15

45c

Sons, 3.85%

first

Corp.,

Salt

12-

45c

RR.—

Stores

41/2%

National

10c

&

Valley

Lehman

National

12-15

Co.

(James)

Lerner

12-18

4

1954

Leece-Neville

Lehigh

9

J8c

Ltd.—
dividend),

share

each

Inc.,

(quar.)
Biscuit Co., common
Cash Register Co.

1-

(quar.)

Jones,

Class

receive

payable

Airiines, Inc.

1-

(quar.)__

com.

8

1- 8

Interim

& Brothers

$$1.50

Extra

$1

E.)

37'Ac

Lamaque Gold Mines, Ltd
Langendorf United Bakeries,

1-

1

6C

(F.

$$1.50

(s-a)__

1

2-

50c

(year-end

stockholder

to

preferred

1-31

5%

1

System,

29c

Lewis

the

Dec.

29c

Leslie

Corp.

unless

(quar.)!

Co.

2-

$1.10

30c

$2

:

8

$1.07'A

(quar.)

30c

Extra

Investment

1-

(quar.)

preferred

$1.65

Murray Corp. of Amepca
47c preferred (quar.)

(quar.)

(quar.)

1

preferred

4.407c

4

Phoenix

(quar.)__;

Mutual

67c

2-

4.30%

1-

Philadelphia Electric Co.
3.807c
preferred
(quar.)

___.

12-31

35c

95c

1-4

21c

._

12-30

(quar.)

12-30

62'/2c

(quar.)

__

5

—

1-15

Co.—

1-15

(quar.)

$1.80

com.

Tel.

1-

preferred

&

Co.,

&

Year-end

preferred

Loan

Power

Co.

Holder*

1-15

f20c

quarterly

Brass

When

Payable of Rec.

1-15

2c

Ltd.

(quar.)

States Tel.

Increased

$1.16

Lees

States

preferred

Mountain

$1.16

Lambton

__!

,__

Mills,

$25c

(quar.)

lsftoeming RR. Co.

Lambert Co.

(quar.)

Rice

Share

\

5c

(quar.)

com.

ic

Mount

Per

Name of Company

12-24

6c

Products,
(quar.)

Mount Diablo Co.

Holders

1-20

37'/2C

(quar.)

preferred

When

Payable of Rec.

80c

Mount Clemens Metal

Laboratories, Inc.—
preferred

(extra)

25c

Lake

&

Inc.

Share

Co.

10c

—

(extra)

$1.16

1

2-

iquar.)

Ltd.

Superior

2-

—_

Co

Laclede Steel Co.

Lakeside

12-31

20c

Industries

(Johni,

1-15

7'Ac

—

Electric

France

Labatt

12-31

_____——

Additional

La

50c

—

(year-end)..—__

2nd preferred (quar.)__;

7%

Company

Extra

(quar.)

Forge Co

Kropp

Kuhlman

10c

—

(Calif.)

Creamery

1-15

6%

—

King-Seeley Corp. (quar.)
Knudsen

Motorola,
46c

"S-4"

(from net investment income)

-

Per
Name of

Morrisoft-Knudsen

(from net
___

Stock

Common

Holders

Payable of Rec.
,

income!

priced

When

Share

Oil
&

91'Ac
$1.07'A

common

(quar.)
preferred

(quar.)

(quar.)

(Del.)

Western

(extra)
Airlines

Lines, Inc. (quar.)
Banknote Co. (Del.)—

preferred

(accum.)

(quar.)

2-11

3-

1

3-

1

2-11

1-10

12-17

45c
53c

1-10

12-17

43c
$1.433A

1-10

12-17

1-10

12-17

5

12-15

50c

1-

30c

1-11

12-18

12'Ac

1- 5

12-18

1- 4

12-15

50c

43

Extra

-—

jSuakespeare Co.
iShattuck
(Frank

1- 5

Trane

l-

5

12-24

Trans

75c

-

1-15

25c

1-

5

12-24

25c

;5cven-Up Bottling Co.

1-

4

12-21

Common

Co.

Treesweet

Products

1-14

10c

1-

4

(quar.)

2-25

t30c

(quar.)

Tobacco

Inc. (quar.) —
Canada, Ltd.—
quarterly)

Foods,

i-Shedd-Bartush

1-

4

12-18

208

1-

4

12-18

Udylite Corp.

1-15

Underwood

4

Union

of

•Snerwin-Williams Co.

Electric

Co.

(resumed)

(N.)

$2

Tool

Aircraft

-Solar

$3.70

preferred

1-

4

11-30

$3.50

1-

4

11-30

1-

6

1-

2

2-

1

1-

9

1-

2

12-31
12-30

1-

12-18

5

United

1-15

12-31

United

1-30

United

4

12-10

United

1-

(quar.j

4.56%
6%

preferred

Common

(quar.)

12-31

1-15

12-31

$4
U.

Life

U. S. Glass

S.

Plywood Corp.,

S.

Radiator

Royalty Oil Corp.

S.

Shoe

2-26

8-31

12-10

11-30

5

12- 3

1-

15c

Tobacco

(year-end)—
preferred (quar.)

3-

40c

Fire

70c

preferred

United

Stores

Universal

1-23

1-16

1-15

12-29

1-29

93%C

1-15

12-11

Vanadium

150c

Special

1-15

12-18

1-20

$4

Oil Co. (Ohio)
preferred A (quar.)
•Standard Paving & Materials,

3%%

Ltd.

(extra)

1

•Standard Products Co

•Standard

tlOC

Ltd., class A

Railway

B

(111.)

•Stern

Inc.,

pfd.

1

1-

1

1-

Walker

7

2-

7

Quarterly
Apartments

1-

4

12-21

Warehouse

1-

4

12-21

Ware

4-

1

3-15

3-

1

2-15

Warner

6

2-12

Warner-Hudnut,

3-17

Warren

6%

preferred

iquar.i

25c

7* 1
1-19

5%

6-17

15c

i

(quar.)

Corp.

—

America

Hughes Gold
Corp.

2-1

12-23

4.10%

C

1-

5

12-

9

1-20

1-

5

1-15
1-15

1-14

&

1-

5%

4

12-18

J5c

2-

1

12-22

25c

share

1-

7

12-24

5%

1-30
30c

1-

6

1-

2-11

2*7

2-11

2-

25c

dividend

(quar.)

1-14

1-14

25c

1

3-15
1

1-

White

2-15

2-

8

(quar.)
(quar.)_

preferred
preferred

Utilities

$1

(quar.)

preferred

$1.14

2-

1

1-

2-

1

1-

52c

1-

pref.

Quarterly
Quarterly

4

12-

Corp.
&

—

of St. Louis

Trust

Co.

;

$2 prior pref.

1-15

12-28

1-

12-18

1-

12-21

3

1-15

12-15

uranium

1-15

12-15

exploratory

3-

6-10

6-

50c

9-10

9-

1

1-15

4

12-31

and

1-

4

12-31

75c

112 Vic

2-

2-15
1-15
4-

50C

1-

$1.43%

2-

1

$1

2-

1

U15

3-10

3-

realized

4

12-

4

2-

12-10

1-21

121-

1

on

13Vi%

2-16

preferred

16%

2-16

17 Vic

(quar.)

1-28

Net

25c

1-15

1-

1-

4

4

River
Union

6%

1-

6

Wilsil,
Wolf

preferred

Ltd.

2-19

Mfg.

Corp.

Common

2-15

2-10

12-29

35c

(quar.)
A

'

(quar.»_

1-

5

12-21

t20c

1-

4

12-16

'

t20c

1-

4

1-14

12-18

1-31

1-

4
4

preferred

.

Extra

——

——

11-30

1-

loc

3-15
1-30

tISc

Manufacturing Co.

Yates-American

2

50c

1-15

1-

87 Vic

(quar.)

1-11

1- 2

6%

1-15
1-

3-

$1.75

prior

preferred

Trade Bank 8; Trust Co.

■

(s-a)
(N. Y.)

(quar. >

Stock dividend
Traders Building Association, Ltd.
Extra




1834c

2-15

2-

177, p.

World

145.

A

filling

Co.

corporation
executive

16-page

last

years

178,

order

Navy

for

&

45,996.890

1953—9 Mos.—tl952

142.243.418

7

12-17

Inc.

1- 2

4,155.881

5,722,586

6,333,582

2,670.646

3,330,193

2,670,646?

$0.93

$1.25

$1.72

$1.90i

week

1
completed

offices

on

the

two

consolidation

floors

of

the

2

12-14

2-

1

1-20

1-15

12-28

owned,

by

(interim)—„

,

"

its

Nevr

erected?

p.

2619.

Corp.—Booklet Issued—
has

and

just

been

operated

Tri-Continental

Corp.

of

preferred stock

of

1-30

$6

of

common

by

Broad

stock

had

as

and

shares

issued
for

by

Union

Tri-Continental

Service

Corp.,

Corp.,

Broa<S

Oct.

31,

1953

had

investment

assets of

outstanding

owned

by

$18,060,000
debentures,
405,370
by 7,178 holders, 4,174,104 shares
20,335 holders and 3,271,247 warrants

owned

7,977 holders.

Street

Investing Corp. on Oct. .31 had investment assets of
$34,257,000,
with 1,579,185
shares of capital stock held by 9,551
holders.
"j
National Investors Corp. had investment assets totaling $30,310,000,
with 2,620,780 shares of capital stock owned by 11,809: holders;»%,

1-10

37%c

j_

of

newly

Corp., National Investors Corp. and Whitehall Fund,
Union Service Corp. is charged with doing a
complete research
for each of the four investment companies.

job

12-14

1-

37 Vic

(quar.i

117,713,55a

3,089,390

Investing

25c

(quar.)

6%' convertible - preferred (quar. >
convertible preferred (quar.)—
Ltd.

five

years.—V.

3,330,193

sales

and

booklet

Street

owned

preferred

for

11,.

No.

Mesuma

lease

$1,500,000

a

1953—3 Mos.—+1952

52,082,054

after taxes—
outstand'g
per com.
share

12-31

25c

(monthly)

Machine

Yellowknife Bear Mines,

10,

under

additional

Airlines, Inc.—Earnings—

revenues

is

Co.—

convertible

No.

held
five

13,

for

1

Sept. 30—

which

50c

(quar.)

6%'

1

4-30

4-10

37 %C

7-31

7-10

t4c

1-16

12-16

25c

1- 4

12-11

1-

4

12-11

with

56%C

1-

4

12-11

—V.

.

10%

(quar. )_-

currently

Tri-Continental

5

25c

Towne Mines Corp.—
A

(quar.i—_

t$1.50

Co.

and'

at 380 Madison Ave., New York City.
Now under one roof are the executive, properties, and elements of the
treasury and accounting departments, as well as the system sales,

1-15

50c

Jr.)

promotional

building located

12-16

-

Yellow Cab
Towle

common

—

(Wm.

Mesuma

No.

renewable

1953,

22,

the

in

properties to be explored, de¬
the following lode mining;
District, County of San Miguel

Mining

to-wit:

Mesuma

$172,978,000

Wrigley

Kyner, Presi¬
per share).

are

advertising, and public relations departments.—V. 178,

(quar.)

Woodward Iron Co.

12-16

1-

6%'

cents

(10

1-15

4

t30c

(increased quar.)——

Ltd.,

Alexander.

Wood

12-16

J20c

;

(quar.)

Extra

1

5c

Tonopah Mining Co. of Nevada-

Toronto Iron. Works; Ltd., class
Extra"
1
■

3-

ancl

company

company

Consolidates Offices—

1-29

15c

Co.

par

periods on 3,330,193 shares of capital stock outstanding
Sept. 30, 1953.
tRevised by company.

of

The

Power

(quar.)

& Dessauer

1-

$1.50

(s-a)

1-15

25c

pfd.

—

Extra ——-I—

2-15

$1.14

(quar.i

1

San

Colorado,

12,

shares

York

9

$2
25c

4%

preferred (quar.i

1-

8

Corp

(year-end)—

Co.

Springs, Colo.

♦Based In all
as

4

12-

Electric

been;

574,

p.

The

stage.

bv the
Miguel

corporation is

♦Earns,

4

1-15

15c

—

(quar.)

stock at

extractive

an

profit

Com.

12-

1-11

3-

Sept.

Operating

12-11

1-11

$1.06%

(quar.)

of

No.

Trans

in-

6

Wilson-Jones

7

is

Lower

in

explosion.—V.

income

7

Co.

have

which

rates."—V. 178,

quantity of scintillation type radiatibn survey meters and spareA. Kerr, General Manager, announced on Dec. 30.
The new instruments are "disaster" type radiacs for field surveying
of
radiation
on
ships and shore installations following
an
atomic

1-22

1

1-

Oil

industries

certain

$
50c

gains

Yards,

in

which has its office at 126 South Tejon St., Coloradoincorporated in Colorado on Sept. 30, 1953. Theits business is exploring for, finding
and mining

i-iV

1-23

1-

Stock

a

parts, W.

12-10

15c
Oil

$3.59

9

1-

37 Vic

Co—.

until yearthe

equal

not

publicly through William A.

is offering

operated

Period End.

_J

(quar.)
net

will

large

1

1-

10c

Whitney Balke

Wisconsin

ordinary (final)
dep. rets, deferred (final i
com.

4%

indicated

are

development

or

State

This

1-15

(stock dividend)

profits

1952," he stated.

Tracerlab, Inc.—Has Large Navy Order—

8

12-15

10%

made,

been

8%he

1990.

p.

12-18

1-15
1-31

"

Toro

1

5

10c

com.,

from

28c

Wilcox

Co.. Ltd.—

Amer. deposit receipts

4.56%

claims

3-12

1-

•

Serv¬

Armed

about

to

12-28

1

25c

27 Vic

have

It

ore.

Mesuma

60c

Co

the

to

was

of

and

1-

1

50c

Export Corp

Colo.,

type

2-

Wichita

1

company,

$1.50

Wichita

•

and

$2

—

went

amounted

year

proceeds a're to be used to pay for drilling expenses, equip¬
working capital.

net

general

Whiting Corp., common
6%
preferred A (quar.)

2-21

50c

—

l

Co.,

4

company

The

12-18

/

business

this

1,000,000 shares of common

dent.

8

Extra

1-

50c

-

Edison

4

and

Angeles)

.

-Tobacco Securities Trust

4.25%

This

12-15

1-15

(quar.)——

total

our

Offered—

—Stock

1

The

^

of

Sewing Machine Corp.—

1-29

15c

(extra)

(Los

2-15

25c

—

Quarterly

Amer.

12-

Springs,

(quar.)

Co.

Motor Co.,

1

25c

Quarterly

Toledo

4

$1.25

(quar.)

civilian custo¬

to

Trabella Uranium Mines, Inc., Colorado

2

2-13

1

1-

$1.25

Whitehall Fund (26c from investment

(quar.)

Inc.

Tobacco Products

3-

12-18

common

White

60c

(quar.)

-

Insurance

1-

12-18

,

Civilian Sales—

that sales

said

18

at unprecedentedly high volume

1-15

—

White

Thatcher Glass Mfg. Co.—

Title Insurance

Inc.

Oil

Eagle

'1-15

1

8

(quar.)

(quar.i

of the
introduced

1,000

was

1-13

1-30
2-

1-15

from

Stationery,

Stock dividend

8

$1.21

Co.

Clothes,

A

Dec.

on

shipments

for

which

reductions

operating

4

$1.25

(quar.i

than

more

1797.

p.

looking ahead to next year, Mr. Smith said "We are placing
emphasis on "the development of new markets for lift trucks to offset

1-15

(s-a)

com.

173,

In

veloped

Wheeling & Lake Erie Ry., common (quar.)
4%
prior lien (quar.)
Whirlpool Corp.—
5V2%
convertible preferred (quar.).

1-31

1-

reported

$1.12 Vi

._

Co.,

30%

these

adjustments

$1.02 Vi

:

Ry.

Telegraph

Westmoreland,

end

share

Co.—

Westminster Paper, Ltd., class A

Texas-Illinois Natural Gas Pipe Line—

$4

Penn.

preferred

Western Union

8

11-27

12-21

4

1-16

4

common

Securities

(accum.i
&

preferred

5%

4Qc

(quar.)
& Light,

A

Y.

1-

1

preferred

Western Tablet &

held

,

Power

N.

12-31

1-

(s-ai
Western Pacific RR. Co.

Chemical Corp.—

(Cleveland)

class

1-15

2-

(quar.)

Insurance

Western

7

1-

dividend)

(stock

A

$2.50

12-17

$1

Ltd.,

Grocers.

Class

1-15

$1.50

(quar.)—

January.

the

be

about

t$l

5

Western

12-18

37 Vic

—

in

that

"Although final earnings for the year will not be known

12-15

6

5

1-

25c

(quar.i

Western

1952

J50c

B

1-

preferred
preferred

President,

will

1953

whereas

ment

(quan)

4.20%

12-17

Smith,

$1.05

preferred

1-11

4

five years ago.—V.

in

"In

Co.—

Power

Vi %

1

—

(quar.)

Terminal Tower

Penn

6

20c

(year-end i

Products

West

12-

$1.25

—

split

Corp.

1-11

1-31

4

12-

$1.25

Indies Sugar Corp. (quar.i
Jersey & Seashore RR. (s-ai_
Kentucky Coal Co. (reduced quar.)

20c

—_

each

for

West
West

40c

(quar.)

share

additional

1

25c

(s-a>__

Ltd

Television-Electronics Fund

8

2-

start

reports

said.

20c

1-20

E.

ices

45c

________

(quar.)—

$2

(quar.i

(extrai

Mines,

(quar. >

1-

6c

(extra i_

■Supertest Petroleum Corp., common
5% preference (quar.)_—
4Swan Rubber Co. (quar.)
of

Co.

$5

2-15

10%

Co., 4Vi% preferred A (quar.)
(Superior Oil Co. of Calif. I year-end)_

Calif,

Co.,

2-

$1.12 Vi

Oil

12-22
12-28

62 y2c

Light

preferred
Wellman Engineering Co
West

12-28

12-15

25c

(quar.i

Gas

5 %

1

8

8

1-15

$1.50

25c

20C

______

•Stop & Shop, Inc. (stock dividendi
•Strawbridge & Clotliier, common (quar.)
■Sunbeam Corp. (stock dividend——
Sun
Drug,
Inc

•Superior Steel Corp.
fluper Mold Corp. of

1

preferred

Washington
Weatherhead

1-

1-20

1-

1-11

50c

(increased quar.)

com.

President,

installed since the first model of it

have been

largest for any year in the company's history,,
although total sales will not equal those of 1952, because government
orders were less than in the previous year.

1-15

3c

(quar.)__

Brothers Co.,

Todd,

L.

imprinter in each of its 68 branches
200,000 accounts.

an

used by approximately
will

machines

Towmotor Corp.—Reports Record
C.
mers

Inc.

preferred

1st

1-15

30c

Materials)

the

of

12-21

$3.50

___

(quar. )

(Construction

1

prior

Container

Co.

3-

5%

Title

by Todd

*75c

.

Inc.

Pictures,

4-

6-17

Corp.

12-31

10c

(s-a)

RR.

Bros.

35c

< extra i__.

Inc.—

3-17

Timely

1-15

$2.50

_

Terminal

&

River

Warner

12-17

*fhor

machines

37 Vic

___.

Corp.__

City Bank will use

George

12-31

35c

(quar.)

(resumed)

Wamsutta Mills

2-25

3-11

1

conv.

12-28

8

4-16

1

$2.40

1-21
1-

25c

Inc., $2 pfd. (accum.)_
(Hirani) Gooderham & Worts, Ltd.—

the

expects the service to be

2%

7-16

2

Texas

National

2

1-

$4.84

and

Installation

8-

7-

4.56%

12-22
12-24

37'ic

4-

Common

4

1-12

iquar.i

25c

Texas

1-

6%

25c

Stock

2-19
1-15

12-31

(quar.i

Common

2
1

1-15

(quar.i——;

Tennessee

3-

$15

Bond,

the

by

from

2-

3

2-

bank

10c

—

pfd.

set

60c

10%

'

single bank

a

National City Bank of New York City, it was
Sixty-five of the machines have been ordered by
manufacturer, the Todd Co.
1
The imprinter is an electrically-operated device which quickly prints
customers' names on personal checks directly at the bank.

1-15

1

.

for

Received—

record for installation of check imprinters by

10c

(stock dividend)

Detinning Co., 7%

the
($25

announced, Dec. 21.

2

preferred

effect

2-

new

been

the

1-15

1

4

preferred

to

$2

2-

2-

5-

50c

(quar.)

(quar.i

Tennessee

1-14

12-28

15c

1-

prior

One

1

1-11

35c

2-

&

with

notification

Todd Co., Rochester, N. Y.—Large Order

37 Vic

prior

Telautograph

A

has

62 Vic

5%

Tech

12-18

37 Vic

5%

Co.

12-18

12-18

(quar.i

Waitt

letter

a

used

1-12

I quar.i

12-15

filed

21

par

50c

,

Dec.

on

12-15

1_

Corp

-

,

preferred
preferred

1-15

of

corporation

covering 4,250 shares of capital stock to be offered at
share), without underwriting. The proceeds are to be
working capital.—V. 157, p. 999.

1-15

12 Vic

(quar.i

'■

v

per

1-15

_

America

of

•' r-.'u

,'

(Mo.)—Files—

SEC

preferred

15c

Corp.

Common

•Sweets

4

3

6%

56c

8%

Co.,

Common

.

preferred

>*■

■

Title Insurance Corp. of St. Louis
The

1-

.J

6%

15c

<quar.)_

com.

.

12-15

$2

(quar.i
(s-ai

Walnut

(quar. i

B. I

Camp,
(quar.i

<3un

(quar.)

Instrument

25c

Textiles,

^Stewart-Warner

•Stone

12-23

12-31

Inc.—

Stores,

preferred

*3tokely-Van

1-15

organized

was

business

12-15

10c

common

Corp.

20c

(John

12<TK

1-15

t25c

(quar.)

quarterly

Stern

4'/2 %

4

4

__

Bondholders

Vulcan

Extra

•Stetson

1-

1-15

12-31

t30c

Ltd.

Canada,

Brothers

&

12-22

5

40c

—

Reduced

4

1-

Lithograph Corp.—

Extra

•Sterchi

12-22

1-

f

in Maryland
on
Nov. 23, •.
office at
8007
Takoma Avenue,
Silver Spring,
Md., for the purpose of mining or dredging and pro¬
cessing to the point of marketability heavy black mineral, sands which
contain ilmenite, rutile and zircon at Cove Point, Calvert County, Md.—V. 178, p. 2619.
* '
*

BUSINESS—Corporation
with
its
principal

1-15

4

7 Vic

(quar.i

-

of

1

1-

to

1953,

17 Vic

—

Virginia Iron, Coal & Coke Co
Virginian Railway, com. (quar.)

5

12-31

1-12
2-

$3.50

(quar.)

Co.

conv.

Victoria

5

2-

2-15

1-10

t20c

Extra
Co.

2-

2-15

12-21

1-20

t30c

(s-a)

•Stecher-Traung
«3teel

12-26

12 Vic

(quar.)

Corp.

Shake

n

8

12 Vic

Silica

Special

•Stanfield's, Ltd., class A (s-a)
Class

1-

3-15

1-11

Further details follow:

speculation/'

a

the net proceeds, approximately $105,000
will be
purchase machinery and equipment, $15,000 will be used to
retire 15,000 shares of outstanding cumulative preferred stock at par,
and the balance will be used for general corporate purposes. /. '
'

12-21

1-

—

Corp.

Corp.,

Victoreen

Extra
•Standard

12-18

Co.—

Equipment Mfg.

Lens

made in our issue of Dec. 28 of the

PROCEEDS—Of

used

12-21

Camp Sea Food Co. (quar.)
Velvet Freeze, Inc. (quar.)
Victor Products Corp. (stock dividend)

8

8

15c

■Standard Radio,

*3teak

1-

1-

1

1-11

4-

1-15

Van

Univis

Valspar

■Standard

share "as

3-15

1

1-24

(quar.)

(quar.)

Md.—Stock Of-,

Silver Spring:,

Corp.,
was

12-28

4-

87Vic

Y.)

Gorporalion and

.

(extra)_____!
Leaf Tobacco Co., coin, (quar.)—

2-15

50c

—

1-15

25c

(year end)

<quar.)_—______

(N.

reported hert.

are

offering by Mitchell Securities, Inc., Baltimore, Md. of
300,000 shares of common stock (par 10 cents) at $1 per

12-15

15c

—

15c

(quar.)

J.)

(special)

Co.

6

50c

Stockyards Corp., common

15c

(N.

Insurance

Milling

4

1

1-

15c

(quar.)

S. Trust Co.

15c

Standard
■Standard

4

1-

2-

50c

preferred

United

2-17

1

1-

1

2-

Ores

fering—Mention

6

35c

(s-ai

Extra

9-10

10c

1-

Smelting Refining & Mining Co.—

S.

U.

10c
.

.

1-15

Titanium

75c

(quar.)
preferred (quar.)

Realty & Investment

7%

5-28

6-10

10c

Additional

U.

of record dates
incorrect.

(Continued from page 10)

1-12

10c

Extra

1- 2

12-15

12-19

15c

S.

7

1-

1-11

25c

—

Corp.

were

Investment News

12-11

25c

(quar.)_

S.

1-15

1-15

50c

(quar.)__

(quar.i

—

U.

3-10

$1
10c

Additional

$1.60

(Bait.)

6%

12-19

1-15

45c

Co._—__

holders

General

1-12

1

30c

common

Corp.,

U.

(Dallas)—

Co.

tax.

dates

,1-30

1

2-

62 '/2C

(quar.)

Co

1-15

1

2-26
2-

$1

U.

2-

$1.20

—

Canadian non-residents' tax.
deductible at the source.
Non*

tax

tax.

or

published

1-15

25c

U.

Radium

1

25c

common

U. S.

2-

$2.50

(quar.)____

'

12-31

dividend;

this

for

Funds,

income

12-15

.

12-18

12-11

1-25

15c

(quar.)

common

B

>■

15%; resident tax 7%.
income

payment

Previous

3

25c

(quar.)

Co.—

A

1-15

50c

Dredging,

Foil

closed

not

Canadian

Jamaica

12-31

J20C

Extra

Mills—
Portland Cement.

Commercial

preferred

S.

xLess

'

12-31

1-15

87 Vic

Inc

common

1-15

1-11

1-

1-15

37 Vic

Co.

Class

1-20

Electric—

Insurance

Additional

Specialities
Finishing Co.,

1-2
1-2

12- 1
1-2

4

12 Vic

A.__'

Fidelity & Guaranty

17 Vac

Paper

•Standard

1-15

$1.75

1-

1-15

(quar.)

t$1.50
______

Quarterly

Standard

S.

2-15

1

2-

t35c

(s-a)

Machinery com.

U.

preferred (quar.).—
(•Southern New England Telephone

4

S..

U.

t45c

1-20

(quar.)

Class

4.80%

•Spokane

U.

1-

Process,

7% preferred (quar.)
•Southern Indiana Gas &

«5outhIand

5

5

37»/2C

—

Franklin

.-Southwestern

1-

1-

1-31

Power

6%
participating preferred—
Southern Colorado Power Co. (quar.)
•Southern

1-31

1-31

37V8C

.

(quar.)_____
Co., Ltd.—

A

Canada

5

28C

50C

(quar.i —
•Southern California Gas Co., 6% pfd. (quar.)
•Southern

Shoe

books

In

y Corrected

75c

class

Distributors,

preferred

United

28 '/2C

—

(quar.)—-—

-

2-15

$1.12%

Ltd.

Jersey RR. & Canal

Shirt

2-1
2-1

12-18

America—

of

Co.

(quar.i—

British

Less

a

1-20

—

New

6%

—

—

preferred
preferred

4.48%

2-15

t35c

(quar.)

Share,

Tool

&

Fruit

2-15

25C

—

20

87 Vic

____—

B

United

25c

(quar.)—_ ——
Gas Co.
(quar.) —
Edison Co.—

&

Drill

Class

22 Vzc

(quar.)

1-

2-15

92Vzc

___________—_

1-2

31V4C
37'/2C

(quar.)

resident tax

(quar.)

2-1

<

tPayable In U. S. Funds, less 15%
tPayable

1-20

Cigar-Whelan Stores, common
$3.50 preferred (quar.)
United Corps., Ltd.. class B (extrai

Southern California
Common

Bond

preferred
preferred

♦Transfer

4

2-15

United

12-31

1-15

10c

Co

common

1-29
1-29

50c

1-

12-16

t25c

United

4"

1-

12-18

4

8

$1

12-17

5

2-

1-

1-15
1-

!$1.12 Vi

—

_

(quar.)__

preferred

6%

Missouri—

(£uar.)

Biscuit Co.

$4.50

5%

25c

of

preferred

1-15
1-15.
2-1

75c

—

(extra)

12-24

7

4

25c

—

(quar.)
Union Gas Co. of Canada, Ltd

J50c

__

62 Vic

12-17

12-31

1-

*

(extra)

Sheet & Tube

Extra

1-

40c

25c
20c
10c

Youngstown

5

1-

Holders

Payable of Rec.

Share

Youngstown Steel Door
Zeller's, Ltd., common

1-15

J $1.7-5

(quar.)

preferred

J25c

Co.,

Jersey

12-23

15c

preferred

90c
•South

1-27

50c

—

(quar.)_________

Engineering

&

$4 preferred

United

(quar.)

preferred (quar.)
(J. Hungerfordi Co.

Snyder

$4.50

8

50c

Co.,

Common

Smith

8

1-

t45c

—

—

Ltd___
-Smith-Corona, Inc.
—
•Smith (A. O.) Corp. (quar.)_
♦Smith (Howard) Paper Mills, Ltd.—
mater

1-

1

Publishing Corp.—

ISlmmons-Boardman
Common

1

2-

U5c

—

2-

noc

(quar.)

pfd.

7%

(reduced)

t35c

B

Class

1-15

(quar.)

Corp.

t20c

(Quebec) —
Ltd., class A

Mines, Ltd.
tS'lverwood Dairies,
•Sigma

Ltd.,

Co.,

t25c

(increased

Common

31 Vic

—

City Rapid Transit Co., com.___
South La Salle Street Corp.
(quar.)___

25c

1-

1-14

12-31

Twin

1-15

15c

____—-

(quar.i

When

Per

Name of Company

12-31

1-15

2-

5c

Inc.

25c

Association

»3uawmut

1

1-15

5%

50c

Trunz,
Tuckett

—

pfd.

Co., $1.25

Holders

Payable of Rec.

37 Vic

J
Airways, Inc., class A
(stock dividend)—~

class B

—

(extra)—

Co.

G.)

N

(quar.);.

Caribbean

Class A and

Water & Power Co.—

iShawinigan

Share

Name of Company

,

IOC

Co. (year-end)
(Los Angeles) (ijuar.)

Machine

Falls

Payable bj Rec.

.

When

Per

Holders

When

Per

Share

of Company

Name
jSeueca

Commercial and Financial Chronicle... Monday, January 4, 1954

The

(48)

3-

1

2-

5

J30C

1-15

1-

7

t30c

1-15

1-

7

York

Corp.,

4V2%
i

common

preferred"

(quar.)

(quar J

—

;

Whitehall

1,621

178.

Fund, Inc.'s investment assets amounted jto $4,951,000;
holders owning 260,522 shares Of capital -stook; outstanding;

p.

1514.

.

'

*

Number 5287

Volume 179

a.3,859,446

1,996,175

2,104,709

produced

6,059,102

.,,£764,195

$13,980,138

$14,148,911

$25,573,994

$247012,211

686,606

1,104,379

_816,729

$0.84

shares outstdg.

1,103,648

662,240
1,103,564

•Earns,

share

$0.54

$0.51

taxes_

after

com.

per

in

•

Corp.—New

See

Taylor-Wharton

Name,

Iron

$0.57

resulting-from

This

company

diesel
The

Dec.

on

order

locomotive

announced placement of

29

given by

ever

railroad

one

has

V,

1,

will

Arthur E.

be

Presidents'.',

Stoddard,

order

month.—V.

the

178,

2202.

p.

Air

'

»

'

r

Operating
Profit

f

'

'

i

'

of

the

The

tFed.

in

Iron

1953—9 Mos.rr-1952
$

131,141,489-ll8,'964,449^'

10,210,440

tax.

4,313,000

5,730,000

16,822,115
8,798,000

_

3,955,699

4,480,400

8,024,115.

outstand'g

2,463,063

2,463.062

2,463,068.,...2,.463,062

inc.

Com.

shares

•Earns,

;

share

com.

per

19,477,005
J.1,214,000

$1.72

$1.51

»

preferred dividend

payable.—V. 178, p.

Aircraft

United

requirements.

8.263,005

-

$2.96

other

and

Profit

before

Prov.

for

$3.15

r.,x,

Net

•Earns,

,

■

1

' */

\

Mq§Tf^-1952

I

155,223,464 580,740,259

479'411,933

54,703,643

36,131,447

11,490,559

10,763',594

38,829,773

6,786,323

23,553,857

3,543,556

3,977,271

15.873,870

12,577,590

3,192.647

3,192,247

3,192.647

3,192,247

share

com.

preferred

$1.02

by

and

dfvidend

$4.68

$1.15

requirements.—V.

States Banking

body

ore

deposits
to

178,

.$3.64

2354.

p.

Placed Privately

Corp.—Notes

—The company has sold privately to a group of institu¬
tional investors an issue of $1,300,000 5% notes due Dec.

of

in

1

in

Six

States Plywood Corp.—Weldwood
plywood

new

1954

Weldwood

products

Catalogue,

produced

catalogued

are

48-page
distributed by

and

guide

a

this

primarily

become

to

of

three

times

with

first

the

for

the

to

time

plywood

in

and

the

allied

is

in

at

fact

committed

already
the

with

Humboldt,

Ford

ore

Mich.

A

operation

large

on

laminated

panels,

in

checkerboard

hardwood

veneered

free; material;

effect

panels

Armorply. Chalkboard,

due

each

United

The

purchase

plant will

who

these

and

will

Peninsula

Upper

company,

agreed'to

Peninsula,

costs,

fcale

the

of

1,

50%

on

for

reimbursed

be

jointly

have

Power

initial

its

of

operated

be

companies

financing,

initial

on

plywood

a

with

solid

body

ment

and

ment

benefits

$125

its

modification

a

for

a

employees

with

which
25

and

These

two

placements

Webber,

Paine,

non-profit

a

company

negotiated by

were

Jackson

the

of

SEC

corporation

21

filed

Cliffs

Power, will benefit in that it will divest
interest,
as
such, but yet will acquire
a
firm and
larger source of power from its present hydro electric
system's facilities and from its interest in the Generating company.
itself

of

any

Gas

and

derives

tem,

utility

public

Electric,

selling

in

its

territory

integrated

more

a

factory price for

Upper
See

such properties,—V.

Peninsula

Upper

The

as

178,

Northern distribution sys¬
well as receiving a satis¬

(about

plans

$7

million)

multi-million

a

above.—V.

Co.

in

March

next

dollar

publicly

sell

to

Period End
Net

profit

Sept. 30—

in

City,
V.

Colorado,

Utah,

service

from

to

$100

Files

letter

notification

of

with

the

1953—3 Mos.—1952

expand

Carbon

parts

'

,

southern Idaho and
plants in Salt Lake
and western Colorado.—

Utah

County,

1953—9 Mos.—1952

$1,803,450

$1,096,393

583.410

583.410

583,410

$1,13

$0.70

$3.09

$1.88

share
2788.

Decca

Co., Inc.—Proposed Exchange Offer

Records, Inc. above.—V.

173, p.

1672.

Upper

Peninsula Generating Co.
Financing Arranged—

To

meet

a

and

copper

iron

utility
iron

and

for

Period End. Sept. 30—

taxes

public,

Marquette
a

unit

Power

49,442,849

revenues

etc.,

,

has

joint
one

Upper
■finance

as

Co.,

for

Co.r

subsidiary} of

a

will

65,490,834

45,706,344

be

of

its

be located

will

rated

operation

by

of

Common

On

and

distribution

Upper
fcttcilities

In
doing
so,
Cleveland Cliffs, divest
interest, as such.
Also, Upper Peninsula
distribution properties from the Michigan Gas

utility

latter's

$1,550,200.

purchased
as

the

as

from

expressed

Power

Cliffs

by

Northern

for

of

this

The

Power.

officials

Division

both

Electric

division

reason

had

the

Xpr

companies

"was

pine

least

unit,
to

a

it

7,500

kw

neither
operate

of

was

disclosed,

station

which

as

a




and

would

had

planned

Cliffs

have

jointly-owned

Power

been

22,000

tp~byi'jtd and
a.

as

kw

IhaPO

effjc^pnt
unit-

kw
or

The

West

Electric
fiscal

misc.

24,199,079

8,290,077

17,335,460

15,909,002

common

Electric'

Penn

Co.:

and general

expenses

income)..

844,101

tax...

:

774 000

1,189,716

...

net

shares
per

Income

•

______

1,234,'669
12ill8
2,827,529

14,472,608

previous

the

13,081,473

in

income

the

had

account

rates

the

to

12

for

of
of

months

Feb.

16,

adjustments,

Oct.

31,

etc.

The

Penn

Oct.

1952 is stated

on

share

be
for

offered
each

company

capitalization
value.

filed

The

initially

on

to

shares

held

two

recently

to

split

,

its

shares

300,000

has

company

which

rates,

12

1,703,516

$7,902,951

5,441,034

share

$1.45

$1.29

com.

2,271,355

2,271,355

5,441,034

$7,022,947 $10,339,513

$9,182,450

5,441,034
$1.90

5,441,034
$1.69

to

PROGRAM—Additions

utility

during

plant

The

ended

1822,

p.

Dec.

of

with the
stock

of

in

SEC

($5

the

covering

par

ratio

value).
of

More than $8,000,000 was ex¬
of additional generating capacity. Of
generating facilities over $6,000,000 was
expended on the new Portsmouth Power Station and the second unit
in that station.
Over $1,000,000 was expended towards the construction
of the 100,000 kilowatt hydro development at Roanoke Rapids.
required

$11,000,000.

nearly

the

installation

expended on

new

investment houses sub¬
offered for sale
awarded to the high
bidder
at a
price of $26,639 per share and the winning syndicate
offered the shares to the public for purchase at a price of $27,125 per
share. This offering price compared with a closing price of $26,875 per
share for the common stock on the New York Stock Exchange on the
day preceding the receipt of the bids.
Short-term bank loans aggre¬
gating $10,500,000 were prepaid with the proceeds of this financing and
the remainder
is to be applied to the financing of the construction
FINANCING—On

insurance

rapid,

casualty

and

insurance,

allied

lines.

stock

common

debt

or

fidelity

Recent

and

the proposed
/issue
funds needed to permit

capital

two-for-one,

capital

stock,

bringing
$5.00

Western Pacific RR.

Dec.

from

and

surety

expansion

bonds,

and

business

of

fire

been

has

of capital stock will provide additional
future growth of

the

business.

Gross

The

shares

the

of

time

to

time

plans in this connection.—

1952

$4,471,238
1,422,155

1951

1950

$5,478,206

$5,081,915

$4,636,277

2,397,166
1,001,470

2,218,174

616,935

920,692

1,996,083
1,039,582

55,082,257

51,244,730

50,805,614

44,303,709

18,591.323

15,893,379

17,912,713

15,790,178

8,133,811

_

railway..

from

Net

ry.

—V.

6,464,297

7,005,121

8,205,180

income.

railway..

railway

178,

.

income.

oper.

2G20.

p.

Wheeling Electric Co.—Bank Borrowings AuthorizedTne

company

tional

22

received

authorization

SEC

Holding
Jan.

Company
1954,

1,

Act).

and

exceed

It

to

borrow

additional

the

Wheeling's

upon

$1,000,000

proposes

make

to

depending

addi¬

of

notes

$100,000

outstanding

at

one

any

Wheeling

Steel

Corp.

7,410,795
4,471,000

inc.

for

Fed.

income

$

36,075,950
2,185,523
1,345,000

2^39,795.

before

taxes

taxes

Prov.

<fc

178,

\

1953—9 Mos.—1952

$

58,044,227

sales

about

Subs J—Earnings—

(&

1953—3 Mos.—1952

V

1

or

time).—V,
'

Period End. Sept. 30—

Profit

on

borrowings during
1954 ip
cash requirements (but not

p. 2354.

Net

make

to

borrowings in the aggregate amount of $600,000.
The
previously borrowed $400,000 (which was exempt from the

amounts
to

Dec.

on

bank

company

were;

company's

Co.—Earnings
1953

railway

from

Net

two groups of

1953.

1,

bidding.

Pres-

stock

From Jan. 1—

$

$

169,551,224 121,481,446
25,480,443
10,133,042

State

15,485,000

16,074,000

T~

Net

outstdg.

1,423,897

840,523
1,423,897

share

$1.75

$0.28

proft
shares

Common

from

par

preferred stock.

underwriting group headed by Kidder, Peabody & Co. and
Wright, Snider Co. wiil purchase and offer publicly and
subscribed for by stockholders.—V. 178, p. 2097.

November—

additional shares of common stock

the

competitive

program;

vised

one

record.

capital

funded

no

29

common

stockholders

company
and its wholly-owned subsidiary, The Western Fire
Insurance Co.,
are
engaged in the writing of automobile insurance,

1953

improvements, and the purchase of meters and line trans¬

bids for

has

related

months

The

the

aggregated nearly $33,000,000. Construction
services and short line extensions, distribution and

new

towards

amount

of

the

1951.

therefore

1953

electric

the

amount

Co.

in

^urety Co.—Registers With SEC

was

offering of 150,000 shares of

will

The

statement

the

late

31,

for

(referred to

general comparable basis.—V. 178,

a

Casualty &

registration

proposed

account

in

Power

effective

ended

income

1953

reduction

a

West

of

become

$3.30

.

Pennsylvania nullified the

adjusted to reflect the full increase in such

tax

3,960,000

$3.42

providing

electric

permitted
for

4,224,000

....

share

statements)

increase

Commission
been

....

outstanding.^

common

11, 1953, the Superior Court
Pennsylvania P. U. Commission's order
In

806,742

823,000
debt

6,035

ry.; oper.

1,703,516

months of

lines,

formers

•Earns,

per

•After

com.

'

9,995,443
1,423,897
$6.03

4,059,042
1,423,897
;

$1.91

tBefore adjustment covering
unused excess profits tax credit carry-back.—V. 177, p. 2137.

any

preferred dividend requirements.

178, p. 2245.

Willys-OverlancI Motors, Inc.—To Pay $14 Per Share
Wabash RR.—November

Earnings Lower—

operating

Railway

oper.

Net ry.

after

inc.

Fed.

after capital

:

8,461,919

9,479,796

1,014,115

702,046'

funds.

Non-Carrier Affiliate to Receive

Competitive Bidding

Interstate

competitive

Commerce

bidding

Commission

Dec.

on

16

requirements.

The

for

roads

seek

to

set

Rail-to-Water Transfer

the

of

two

the

The

acquired

given

investment in the

until

company,

Jan.

15

to

decide

Ward M. Canaday,

Dec. 21.
Physical assets of the company were sold
to the Henry J. Kaiser interests.
who elect to withdraw their interest will receive an

on

payment of $14 per share plus a receipt entitling them to their
rata share of amounts realized from remaining assets, Mr. Canaday
Final distribution of the remaining assets of the automo¬
tive business may take "quite a long time," he added.
The
directors are still considering the possibility of having this
initial

explained.

the investment business, Mr. Canaday said.
.
plans have been studied by the management," he said
shareholders, "but it will be impossible to formulate
a
precise program for the future business of the company until we
receive
an
indication
as
to
the stockholders who wish to continue

a

through

which

will

companies over

in

a

enter

firm

other

with

rail

which transfers coal from

letter

investment

Physical
Kaiser

to

to

with

properties

Manufacturing

Willys

Motors,

the company."

of

Willys-Overland were sold on April 27 to
which subsequently changed its name
178, p. 1611.

Corp.,

Inc.—V.

Wrigley's Stores, Inc.

said

financing

insurance

up

Corp.,

company.

Commission

notes,

their

been

pro

their

carriers to
rail cars
to lake ships at Chicago.
The proceeds of the proposed issue of first
mortgage notes would be used to purchase, and expand the properties
The

said

have

"Numerous

exempted a
$4,650,000 secured guaranteed note issue of a company to be formed
by the Wabash RR. Co. and Chicago & Eastern Illinois RR. Co. from
its

retain

to

this year

company

Exemption—

buy

early

Stockholders

11,332,822

12,355,919

1,281,108

979,582

taxes-

,

stockholders

common

President,

operating income

Net income

The

The

whether

$

10,213,525 112,500,222 105,700,508
7,026,237
81,829,513 77,668,012

9,995,467
7,316,341

revs.

expenses..

$

$

$

Railway

Stockholders—

to
(

1953—11 Mos.—1952

1953—Month—1952

Period End. Nov. 30—

economy."

Power,

to

Nov.

Net

$12,610,868 $11,453,805

near

and

The

659,012

25,640,551

2,862,852

Earnings

60,015,344

4,450,646

2,572,229
$8,726,463

outstdg.

shares

rural

capacity

1956,

applicable

long-term

3,406,794

3,511,213

stock__

fund and sink,

initial

an

in

transmission

23,540,067

556,803

...

...

(less
on

from

$9,606,467

CONSTRUCTION

first

-

$6,000,000
have

to

The

$1,200,000.

approximately

been

economical

and

expected

82,806,576

25,083,748
____

by

and

income

Net

charges__

com.

Earnings per

of

Generating
electric

capacity is under consideration.
joint venture, Cliffs Power has sold

known

Peninsula

generating

is

certain

public

mutual

at

It

the

undertaking,
of

Light

estimated

an

Superior

purchased

for

heretofore

&

$

106,346,643

'8,305,091

Penn

$13,117,680 $11,298,692 $17,061,514 $14,860,599

Preferred dividends

public

"a

non-profit

<.

cost

to

Power

any

Electric

System,

—

equal

approximately
of

Power

*'

"

89,557,021

1953—12 Mos.—1952

1953—9 Mos.—1952

taxes

&

exp.

income

Net

V.

merchants

Peninsula

jointly-owned

a

$

•

1952

114,640,769

Total

the "booming"

Michigan,

independent
Upper

Co.

to

of

addition

itself

&

Iron

Lake

on

Peninsula
for

Cliffs

kilowatts.

second
In

constructing

the

Formed
'

Northern

largest

form

to

Be

corporate venture—the first of its kind in
industry—are the Upper Peninsula Power -rCo. and

The

plant,

new

22,000

nation's

forces

To

•

unique

utility

Cleveland-Cliffs

of

of

this

of

neighbor

The

the

of

and
stock.
•'

1953

Miscellaneous

not

Definitive plans for the additional financing that will be required in
have not been formulated but the shareholders will be kept ad¬

electric power in

more

country

1954

'

ACCOUNT

taxes..

and

income

owned

West

Interest

$62,560,529 $57,005,036 $82,552,348 $74,875,943

revenues

oper.

Interest,

'

plant.

Owners

its

of

joined

purposes

generating
the

mining

one

have

ore

Co.

growing demand for

—

of

-

Administrative

1954

Private

1,

of'such

■<

Virginia Electric & Power Co.—Earnings—

through

$410,812

Universal Pictures
See

Co.—Earnings—

583,410

p.

the

Penn

An

the

$657,268

per

the

of

'West

94.983%",
acquisition of

proposed

"

Company
The

cott,

pended

taxes—

177,

The

INCOME

In

shares

prior to Oct.
owning at least 95%

deductions

Balance

new

of
steam-generating

1882.

p..

Common

of

Income

a

and sell $15,000,000 of debentures

to Jssue

serves

will

Castlegate,

178,

retire¬

shares.

—V.

purchase

accomplished

income,

miscellaneous
western

miftimum

after

Earnings

the

offered

approximately

or

income

way.

now

'

which

company,

Bal.

capital

Number

to

subsidiary.

(

A

2097.

p.

200,000 common shares
its financing program for

May.

The

,

raise

will

Gross

Placements—
178,

some

part of
under

as

expansion

addition, it is planned

mitted

Consolidated Oil

be

devices.

additional

its

stock.

common

be

1573.

p.

Co.—Private

Power
Generating

Peninsula

company

retire¬

increase

Universal

Power
would

600

Companies:

Operating

Shares

company's

covering 6.608 shares of preferred stock to be offered at par ($25
share>,i without underwriting.
The proceeds are to be used to
inventory and working capital.—V. 178, p. 300.

per

Penn

shares

Western

Net

Commission—
a

West

of,

Co.,
shares,

result in West Penn Electric

Gross

Druggists, Inc., Eastport, Ga

Dec.

on

3,345,767

Consolidated

addition

distribution facilities in

transmission

The

with

to

'',iA

Kidder, Pea-

warp-

The increase is in accord with the agreement reached
coinpany and the United Rubber. Cork. Linoleum and
Workers of America, CIO, on Sept. 28, 1953.—V, 178, p. 2097.

Wholesale

$4)

control

<

Power

Non-operating income

Curtis,

&

according to qompany officials,
"should prove
parties concerned." The acquisitions by Upper Penin¬
to increasing the size of the company, are
expected to boost its operating revenues from $1,850,000 in 1952 to
an
estimated
$4,245,000 in
1954.
The Iron company, in selling its

Rubber

United

electrical

revenues

has

all

in

the

of

years

With Securities and Exchange

notification

(par

authorization

excess

owns

expenses

large

transactionst

Power,

month.

Plastics

sells

SEC

in

not

Penn

Operating

'

distribution

$742,500.
Co.

&

The

Co.—Earnings Higher—

disability allowance plan

the

by

approved

received

and
West

Operating

equity,

institutions for the
to $5,050,000 of its first mortgage 4%%
bonds
The placement was negotiated by Kidder, Peabody

up

beneficial to

Novoply-

base;

cores

.Indications are that sales of this
company will be between $830,000,and
$335,000,000 for 1953, and net earnings will probably be
equivalent to about $5 per common share, H. E. Humphreys Jr., Presi¬
dent^ declared on Dec. 29. Sales for 1952 were $850,000,000 and earnings
per common share amounted to $4.33.
stockholders

392.

p.

the

and

000

The

of

stock

v

12 Months Ended Oct. 31—

ore

adminstrative
contracted for

Generating

the

with

agreements

1984.

finance

Operating
Operating

States Rubber

and

CONSOLIDATED

output.

purchase

Sept.

In

2097.

p.

letter

a

common

of

additional
would

Federal

writing surface for chalk, and Honduras Mahogany Plankweld, the
latest addition to the line of pre-finished "do-it-yourself" wall paneling.
178,

178,

are

acquisitions, Upper Peninsula Power Co.
to date has issued and sold privately $1,000,000 principal amount of
first mortgage bonds 4%%. series due 1983;
$1,500,000 5'/8%
deben¬
tures
due
1973
and 45,000
shares of common stock $9 par which

a

V.

the

of

Co.
To

metal-on-plywood material with

a

filed

of

presently

Electric

the development
it is developing

to
Co.

Motor

$1.69

4

has

to,

up

stock

Range,
of

$1.64

employees.

manufactures

company

common

times

source

$1,570,250
768,018

$1.98

24

its

v

market

open

much

Minnesota

domestic

768,183

requirements.—V.

shares

to

•

This

exhaus¬

Mesabi

Oct. 20,'51

$1,528,831

West Penn Electric Co.—To Increase
Investment—

'

to

as

gradual

1

.

Dec.

on

5,000

Subsidiary

$1,850,000.

complete

private

corporation.

newly catalogued products are Surfwood, a decorative panel
texture * of' -weathered
driftwood; Checkerboard, hardwood

the

veneers
core

dividend

share

per

company

■

to

ten

and

ore

the

iron

company

covering

$10
The

1

any

power

low-grade

of

major

a

at

operate

capacity

furnish

pit ores from the
Northern \ Michigan
and

,

six

The
SEC

In addition, Cleveland-

With

ore.

to

Oct. 18,'52

774,181

share

common

preferred

stocks

Catalogue—

The fully illustrated catalogue is being sent to 40,000 lumber
dealers,
fabricators, woodworking shops and industrials.
A special' additional
mailing is being made to all architects.
v
'
The

per

Oct. 17,'53

$1,797,651

taxes__

outstanding..

Ward Leonard Electric Co., Mt.
Vernon, N. Y.—Files—•

is
the

Utah Power & Light Co.—Plans Financing—

products

after
shares

•After

r'

,

additional

underground

pit

able

open

Generating

have

Upper

other

concluded

15, 1963, it was announced on Dec. 30, 1953.
Direct
placement was negotiated by Van Alstyne, Noel & Co.,
New York.—V. 139, p. 459.
1
United

profit

•Earnings

produce

regardless

years
»

;

company.

of

be

to

approximately

open

Jointly

the

to

entire

Michigan

United

Northern

for

property at its Republic Mine has also been started.

sula

7,947,003

its

expected

is

development

requires

years

Mine

ore

produced

^

k

and

outstand'g

per

•After

^5

'

taxes

inc.

profit
shares

Com.

'

171,469,936

profits taxes—

excess

-r—*■,

1953—9

1953—3 Mos.—1962
-

need

profits

excess

Corp.—Earnings—

income

inc.

Fed,

Federal
t

$

Sales

tNo

1882.

Period End. Sept. 30—

parent

production

deposits

ores.

Power

basis

the

&

•After

tax

its

grade

copper

needs

which

scale

grade

of

.

hand,

facilities

deposits

company

amounting

46,178.798

__

Baking Co.—Earnings—

Common

industry..

finance

;-;To
profit

the

future

steel

Humboldt

Cliffs

8,268,699

state

&

Net

low

expected

are

number

a

other

large

high

rich

low-grade

To

48,065,966

revenues
inc. taxes

over

which

as

the

the

the

of

ton

low-grade

for

for

mining,
as

expected

I ^

.

before

Net

it

49

•

.

1953—3 Mos.—1952
£
*
t..'

'

This

production

conditions.

existing

plans

per

much

the

Lines, Inc.—Earnings—

Period. End. Sept. 30—

Although

territory,
activity in

undeveloped

full

they

so

the

on

its

has

low-grade

United

basis

economic

Power,

jasper

tion

passenger

'!

:

Cliffs

power

_

15

largest
into

the iron mines operated by the

as

■"""

*

190 freight and

comprises

in

supplement

or

locomotivftfcunits,
Mr.
Stoddard
said.
The freight locomotives alone will represent a
total
of
332,500 horsepower and
theoretically would be capable of
pulling a 60-mile long train of 6,270 cars.
First
deliveries
of
the
new
locomotives
will
begin
shortly
after
Jan.
1, with a total of 40 scheduled to be placed in service during
The

Michigan.

its

stepped-up

$57,000,000.

the

of

it gets

Government,

profitable

Cliffs

1

Neb., to the
traffic, said

completely

Ward

42 Weeks Ended—

several

loaned

one

when

Federal
a

changes

larges^single,

to a single supplier.

Pacific main line from Omaha,
dieselized for through

the Union

1954,
Coast

be

the

placed with
the Electro-Motive
Division of General
Motors Corp., is for 205 locomotive units at a total cost q£ $35,769,410.
Upon completion of delivery of the locomotives, expected' to* be by ''
Pacific

to

miles

square

75,000,000
pounds of copper
annually.
The
second
is a $6,000,000
project by Calumet & Hecla in re-equipping its Osceola mines.
Both of
these
projects have copper-price-guarantee contracts with

order,

June

to

and

on

the

of

in

650

$70,000,000

Corporation

vCsSk:
+

mines

from

submitted

was

about

of

area

Peninsula

the

plant

approved.

an

Upper
to

stems

the

is

believed

.

the

power

capacity

and

serves

important copper mining expansions.
development of
the
White
Pine .ore
body
by the Copper Range Mining Co., on which the Reconstruction Finance

1,103,648-^iyT03,564

above.

Co.

in

Division

Etc.—

Steel

&

generating

Commission
Power

One

Pacific RR.—Places Large Order—

Union

S.

direct

country

Twisco

efficient

more

P.

counties

little

additional

preferred dividend requirements.—V. 178, p. 858.

•After

the

Peninsula

five

sells

3,342,818

for

(49)

Michigan

Upper

,3,552,841

3,300,407

coalj
Net sales __J
Common

the

■„-

chased

income

..^

1953—6 Mos«—1952

1953—3 Mos.—1952 '

Tons sold (including pur-

Net

proposal

Co.—Earnings Increased—

Truax-Traer Coal
Period End. Oct. 31—

Tons

The Commercial and Financial Chronicle

...

the

roads

private
mature
a

could

fine

more

favorable

terms

negotiations.
In

15

to

25

years,

two-year period.—V.

will

be

178, p. 2245.

sold to

—

Note Sold Privately—Direct

placement of a $2,100,000 4V4% promissory note
negotiated by this corporation through Van Alstyne,
& Co.,

New York, it was announced on Dec. 30.

was

Noel

50

The Commercial and Financial Chronicle.. ."Monday, January 4, 1954

(50)

STATE AND CITY DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS

ALABAMA

Los Lomitas

Dry Creek Union School District,
Fresno

St.

County (P. O.
Ashville), Ala.

Offering

Bond

San

County, Calif.

Clair

J.

—

Bond

L. Brown,

ing,

County Clerk, will receive sealed

Warrant Offering:—Roy

County, Calif.

Offering—John

County

Clerk,

A.

will

Brun-

California

County School

Cochise
No.

2

Bond

District

-

(P. O. Bisbee), Ariz.

'

Offering—Harriet Hiester,

Clerk of the Board of Supervisors,
will

receive

bids

sealed

Ostly,

Bond Offering—Harold J.

until

11

until

9

(PST)

a.m.

Smith,

County Clerk, will receive sealed
bids at his office in Yreka, until

Jan. 5 for

on

•

Bond Offerings—Waldo J.

County Clerk, will receive sealed
bids at his office in' Los Angeles,

10

a.m.

on,Jan. 5 for the

(PST)

Morgan
No.

the

purchase of $135,000 building purchase
of
$114,000
building
bonds.
Dated
Feb. 1,
1954. Due bonds. Dated Jan. 1, 1954. Due on
on Feb. 1 from 1955 to 1974 inclu¬
Jan. 1 from 1955 to 1979 inclusive.

trust company as may be mutu¬
ally acceptable to the District and
the successful bidder/ Legality ap¬
proved by Charles & Trauernicht,
or

County School District
(P. O. Fort Morgan),,

3

receive

Gibson,
sealed bids at his office in Red¬
bids at his office in Fresno, until
Secretary of the County Board of
wood City, until 10 a.m. (PST)
10:30 a.m.
(PST) on Jan. 5 for
Education, will receive sealed bids
on
Jan.
19 for the purchase
of
the purchase of $116,000 building
until 2 p.m. (CST) on Jan. 19 for
bonds. Dated Feb. 1, 1954. Due on $32,000 building bonds. Dated Feb.
the purchase of $300,000 capital
1, 1953. Due on Feb. 1 from 1969
Feb. 1 from 1955 to 1979 inclusive.
to
1972 inclusive. Principal
outlay school warrants. Dated Feb..
and
Principal and interest (F-A) pay¬
interest
1, 1954. Due on Feb. 1 from 1955 able at the
(F-A)
payable at
the
County Treasurer's
to 1964 inclusive. Callable on or
County Treasurer's office.
office.
ofter -Feb. 1, 1959. Legality ap¬
Mount Shasta Union Elementary
proved by White, Bradley, Ara/it,
East
Whittier School District, '
Sch. Dist., Siskiyou County,
All & Rose, of Birmingham.
Los Angeles County, Calif.
ARIZONA

COLORADO

Elementary Sch. Dist.,

Mateo

Colorado

of St.1 Louis.
Bond

Offering—Clara Coldwell,

District

,

000

V

..

.

.

•
.

'

^

.

v

-

.

,f

.

'

*

:

,

.

INDIANA-:^;-

will
receive
sealed bids until 3 p.m. (MST) on
Jan. 11 for the purchase of $325,Secretary,

Evansville Water Works District/,

obligation
building
bonds. Dated Dec. 1, 1953. Due on
general

Indiana j-r

-•'»

.

.

■*,

-V*

"*

Offerings-Charles L. Ox-

Bond

ley, City Comptroller; will receive
sealed,bids until 2 p.m. (CST) on
able
at
the County Treasurer's Jan. 11 for the purchase of $800!,office. Legality approved by Tall- 000* water, works bonds. Dated Dec;1, 1953. Due" on Jan. ;1 from 1956
madge & Tallmaage, of Denver.
to r1975 inclusive. Principal and
DELAWARE
interest (J-J) payable at the Na¬
tional. City Bank,: Evansville; Le¬
New Castle County (Pi O.
gality approved by; Ross, McCord,
Wilmington), Del.
Ice
Miller,t of Indianapolis.
Bond Sale—The $1,333,000 sewer
Olive Township School Building
system, McDaniel Heights Sani¬
Corporation (P. O. New <
tary District, Marshallton Proper
Dec. 1 from 1955 to 1964 inclusive.

Principal and interest (J-D)

pay¬

.

■

Jan. 4 for the pur¬ sive. Principal and interest (F-A) Principal and interest (J-J) pay¬
Carlisle), Ind.
at
the
County Treasurer's Sanitary District and Suburban
chase of $275,000 building bonds. payable at the County Treasurer's able
Bond
Offering:—
Ernest
F»
office. Legality approved by Or¬ Communities Improvement bonds
Dated Jan. 1, 1954. Due on July 1 office.
offered Dec. 29—v. 178, p. 2621—
Meyers,
President, will receive
rick,
Dahlquist,
Herrington
&
from 1955 to 1964 inclusive. Prin¬
Fallbrook Union High Sch. Dist.,
were
awarded to a group com¬ sealed bids at the First National
Sutcliffe, of San Francisco.
cipal and interest (J-J) payable
San Diego County, Calif.
posed of Phelps, Fenn & Co., Inc. Bank of New Carlisle, until 2 p.m.
at the County Treasurer's office.
Needles Union High Sch. Dist.,
Eastman, Dillon & Co., both of (CST) on Jan. 7 for the purchase
Bond Offering ■—- T. H. Sexton,
San Bernardino County, Calif.
Legality approved by Gust, RosenNew York City, Schoellkopf, Hut- of
$450,000 first mortgage revenue
Bond Offering—Harry L. Alli¬
feld, Divelbess & Robinette, of County Clerk, will receive sealed
ton & Pomeroy, of Buffalo, and bonds.
Dated
Jan.
bids at his office in San Diego,
1, 1954. Due
Phoenix.
son,
County Clerk, will receive
until 10:30 a.m. (PST) on Jan. 12 sealed bids at his office in San J. C. Wheat & Co., Richmond, as semi-annually from July 1, 1956
Maricopa County School District for the purchase of $385,000 build¬ Bernardino, until 11 a.m. (PST) 2%s, at 101.01, a basis of about to Jan. 1, 1976 incl. Callable on or
No. 41 (P. O. Phoenix), Ariz.
after July 1, 1960. Principal and
ing bonds. Dated Feb. 15, 1954. on Jan. 11 for the purchase of 2.31%.
(MST)

a.m.

Bond

on

-

Offering

—

Averill,

Rhea

Clerk of the Board of Supervisors,

sealed

receive

will

(MST)

bids

until

10

Jan. 14 for the pur¬

Due

on

Principal

payable

(F-A)

1979

Feb. 15 from 1956 to

inclusive.

office.

Treasurer's

Legality

bonds.

Dated

Jan.

15, 1954. Due on Jan. 15 from
1956 to 1974 inclusive. Principal

County

the

at

building

$825,000

interest

and

ap¬

interest

and

interest

Seaford, Del.
Offering

Crosby,

City

—

Manager,

will

re¬

on

Bond

Offering

E.

J.

—

Lewis,

County Clerk, will receive sealed
bids at his office in San Diego,
until

10.30
the

for

County Clerk, will receive sealed

1954.

bonds.

Due

on

Pismo

Jan. 19
$2,300,000
Dated Feb. 15,

(PST)

on

Feb.

15

Bond

Keokuk, Iowa

at

the

County

pay¬

York

City

Treasurer's

Bank

of

or

Chicago;

America

or

1954.

at the

Due

1974

to

Trust

National

Stuart " &

San Luis
Matthews, Treasurer of the Board
of Water Commissioners, will re¬
Calif.
^
E. Mallagh, ceive
sealed
bids
until
5
p.m.

on

March

inclusive.

from

1

Principal

(EST)

on

■

■

■

'

'

.

•

No. 4

1955,

1954.
to

Due

1974

on

Dated

Feb.

15

Feb.
from

inclusive.

Principal
payable at
County Treasurer's office.

-interest

(F-A)

15,
1955

and
the

and

Power

nounces

ceive

&

zens

Macon,

Southern

National

at

or

:

.

County, Calif.
Bond Offering—Harold J. Ostly,
County Clerk, will receive sealed

the

that

Board

bids at

sealed

will

an¬
re¬

the National

Feb. 1 from 1955 to 1975 inclusive.

Principal and interest (F-A)
able

at

the

City Bank, Corporate Trust Dept., office.
22 William St., New York City,
Whittier
until

Covina School District, Los Angeles

Commissioners,

the

10

(EST)

a.m.

purchase

works

of

revenue

on

Jan. 6 for

$9,000,000 water

bonds.

Dated Jan.

1, 1954. Due on Jan. 1 from 1955
1984 inclusive. Bonds maturing

to

bids at his office in Los Angeles,
•until 9 a.m. (PST) on Jan. 5 for

in 1960-and thereafter are callable

the purchase of $410,000 building
bonds. Dated Feb. 1, 1954. Due on

interest (J-J) payable at the City

Feb. 1 from 1955 to 1975 inclusive.

ap¬

as

of

Jan.

1,

1957. Principal and

County

pay¬

Treasurer's

School

Union

District,

Angeles County, Calif.
Bond Offering—Harold J. Ostly,
County Clerk, will receive sealed
bids at his office
9

Dated

Interest J-J.

&

Charles

Los

until

Dec. 1, 1953. Due on
Jan. 1 from 1954 to 1973 inclusive.
2%s.

<

periqd',of<T5;:years;:#;'*?;

v'"v y '

.*

Bond

in Los Angeles,

.

.

-.




office.

Legality

;

*

Agawamf'Mass.
Offering

-

N.

Brandon

receive: sealed
chants

bids

the Mer¬

at

National: Bank

of

Boston,

Room

308,, 30 ,State St.;, Boston,
until 11 aim: (EST)^n Jan.: 12
for,; the purchase. ,of; $2,100,000

bonds/divided

as

follows:

;

school building

$1,500,000

? ; v

bonds.

Due

on

197#

inclusive.^*;r>'■ ;»•r

Feb.

1

from

to

1955

*.1,

=

600,000 school project bonds. Due
Feb.

on

1

from 1955

The: bonds

are

to

1974 incl.

Feb.

dated

1954;

Principal and interest

able

at

the

Merchants

Bank of Boston.

1;

pay¬

National

Legality approved

by

Storey; Thorndike, Palmer &
Dodge;., of Boston. ...
i
.

Braintreet Mass.**
Bond Offering—John W. Hard¬

ing, Town Treasurer, will receive
sealed bids at the National Shaw-

St. Clair County
No.

187

School District

(P. O. Rural Route

St. Louis), 111.
Bond Offering—Harold Anglim,
No. 2, East

on Jan. 5 for Secretary of the Board of Educa¬
purchase of $1,050,000 build¬ tion, will receive sealed bids until
ing bonds. Dated Feb. 1, 1954. Due 8 p.m. (CST) on Jan. 11 for the
a.m.

;

Letellicr; KTownA Treasurers will

Legality approved by
Trauernicht,
of
St.

Louis.

(PST)

mut Bank, of

Boston, Trust Dept.,
St., Boston,.until 11 a.m*
(EST) on Jan, 6 for the purchase

40 Water

of

$715,000 bonds, divided

lows:

as

fol¬

on

Feb.

'

«

the

on

Feb.

1

from

1955

to

1975

Principal and interest (F-A)

incl.

purchase

of

$300,000

building

pay¬ bonds. Dated Dec. 1, 1953. Due on
County Treasurer's Dec. 1 from 1954 to 1972 inclusive.
Principal and interest (F-A) pay¬ proved by O'Melveny & Myers, of
office, or at fiscal agency of the Principal and interest (J-D) pay¬
able
at
the
County Treasurer's Los Angeles, and Stephen B. Rob¬ County in New York
City or able at the Illinois State Trust Co.,
-office.
/
inson, of Lps Angeles. •
t~
*; Chicago. *
East St. Louis, or; at such bank
<*'

Treasurer's

Sch. Dist•

(Pi' O. Smith Center),

Bank, p.m.' (CST)-'on. Jan.M4 for the
the City's fiscal purchase of $336,900 building and
the agency in New York City. Legal¬
equipment bonds: Due in approxi¬
ity approved by Spalding, Sibley, mately-equal- amounts
over- a
Troutman & Kelley, of Atlanta.

and

—

bonds.

as

|

KANSAS

Jan. 12 for the purchase

-

building

Chicago,

Inc.,
-

Smith County Common

interest
(M-S)
payable at
Savings
Association
in San
Diego, Los Angeles, or San Fran¬ County Treasurer's office.
Castro Valley School District,
cisco. Legality approved by Or¬
Vallejoi Calif. •
Alameda- County, Calif.
rick, Dahlquist, Herrington & Sut¬
Bond
Offering
—
Melvin
F.
ILLINOIS^ * Bond Offering — John Joseph cliffe, of San Francisco.
Brooks, City Clerk, will receive
'
'
1
Chicago Parle District, III.
Kingston, County Clerk, will re¬
sealed bids until 12:15 p.m. (PST)
ceive sealed bids at his office in Hughson School District, Stanislaus on Jan. 12 for the purchase.'Tof
Bond Sale—The $6,000,000 park
County, Calif.
Oakland, until 11 a.m. (PST) on
$500,000
water
system
bonds. improvement bonds offered Dec.
Jan. 12 for the purchase of $82,000
Bond Offering — C. C. Eastin, Dated Feb.
1, 1952. Due on Feb. 1 29—v. 178, p. 2523—were awarded
building bonds. Dated March 1, County Clerk, will receive sealed from 1957 to 1976 inclusive. Prin¬ to a syndicate composed of the
1954. Due on March 1 from 1955 bids at his office in Modesto, until
&
cipal and interest (F-A) payable Harris Trust
Savings
Bank,
to 1979
inclusive. Principal and 2 p.m. (PST) on Jan. 12 for the at the
City Treasurer's office, or Northern Trust Co., Continental.
interest
(M-S)
payable at the purchase
of
$126,000, building at the City's fiscal agency in New Illinois National Bank & Trust
County Treasurer's office; Legal¬ bonds.' Dated Dec. 15, 1953. Due York City. Legality approved by
Co., First National Bank, City Na¬
ity approved by Orrick, ,Dahl- on Dec. 15 from 1954 to 1973 in¬ Orrick, Dahlquist, Herrington & tional Bank & Trust Co., and the
<quist, Herrington & Sutcliffe, of clusive.
Principal
and
interest Sutcliffe, of San Francisco.
American National Bank 8c Trust
San Francisco.
(J-D)
payable
at
the
County
Co., all of Chicago, as 21/2s, : at
West Covina School District, Los
Treasurer's
office. Legality ap¬
100.78, a basis of about 2.43%.
Cold Spring School District, Santa
Angeles- County, Calif.
proved by Orrick, Dahlquist, Her¬
Bond Offering—Harold J. Ostly,
Barbara County, Calif.
Deer- Park Community Consol
rington & Sutcliffe, of San Fran¬
County Clerk, will receive sealed
Bond Offering
Dist. No. 82 (P. O. Ottawa),
J. E. Lewis, cisco.
bids at his office in Los Angeles,
LaSalle County, III.
•County Clerk, will receive sealed
Los Angeles, Califi
until 9 a.m. (PST) on Jan. 5 for
Bond Sale—An issue of $160,000
bids at his office in Santa Bar¬
the purchase of $156,000 building
Bond Offering — Frank Twohy,
bara, until 10 a.m. (PST) on Feb.
building bonds was sold to the
1
for
the
purchase of $90,000 Secretary of the Board of Water bonds. Dated Feb. 1, 1954. Due on Municipal Bond Corp., Chicago, as

&

office.

Co.,

l%s, at 100.10.

Offering—Emory C.

^

the

able

Offering—A.

$286,00(5

general obligation street improve¬
ment bonds was sold to Halsey,

Macon, Ga.
Certificate

Mc-

Ross,

bids
at
his
office in
San
Luis of $700,000 water revenue
cer¬
v
.
Kansas
Obispo, until 2 p.m. (PST) on Jan. tificates. Due on Feb. 1 from 1955
Bond Offering—Vaughn E. Mc18 for
the purchase of $76,000 to 1961
inclusive. Principal and
Coley, Superintendent of Schools,
building bonds. Dated March 1, interest (F-A) payable at the Citi¬ will > feceive sealed bids until 8

to
1974 inclusive. Principal and
a.m. (PST) on Feb. 1 for
(F-A)
payable at the
purchase of $175,000 building interest
bonds. Dated Jan. 15, 1954. Due County Treasurer's office; at the
District's
fiscal agency
on Jan. 15 from 1955 to 1964 incl.
in New

until 10

Principal and interest (J-J)

County,

County Clerk, will receive sealed

1955

from

Francisco.

by

Bond Sale—An issue of

School District,

Obispo

of

purchase

building

bids at his office in Santa Barbara,

a.m.

naford & Talbot, of San

Carlisle,.

New

of

IOWA

.

Carpinteria Union School District,
Santa Barbara County, Calif.

approved

Cord, Ice & Miller, of Indianapolis*

(J-J)

CALIFORNIA

Bank

Legality

Woodrow W.

payable at the ceive sealed bids until Jan. 26 for
chase of $256,000 building bonds. proved by Orrick, Dahlquist, Her¬ County Treasurer's office. Legal¬
the purchase of $75,000 water and
Dated Jan. 1, 1954. Due on July 1 rington & Sutcliffe, of San Fran¬ ity
approved
by O'Melveny
& sewer system bonds. Dated Feb. 1,
from 1955 to 1974 inclusive. Prin¬ cisco.
Myers, of Los Angeles.
1954. Due Feb. 1, 1974. Callable
cipal and interest (J-J) payable
Paradise Irrigation District,
after five years from date of issue.
Grossmount Union High Sch. Dist.,
at the County Treasurer's office.
Butte County, Calif.
San Diego County, Calif.
Bond Sale—An issue of $400,GEORGIA
Bond Offering —T. H. Sexton,
000 water bonds was sold to Hana.m.

(J-J) payable at the First

National
Bond

able

at

$670,000 school bonds. Due
1 from

1955 to

1974 inclusive.

45,000 water bonds. Due

on

Feb.

from; 1955 to:1969 inclusive.

the

The:: bonds
1954.

-

are

dated

Feb.

Principal and interest

-

1,

pay-

ab!e-^ at> the. National, Bhawmut

Number 5287 .'.. The Commercial and Financial Chronicle

Volume 179

Bank of Boston. Legality

approved
&

Thorndike,, Palmer

Storey,

by

Dodge, of Boston.

Authorities

Massachusetts Housing

and interest

payable ,at any bank
designated by the successful bid¬
der. Legality approved by
Dorsey,
Colman, Barker, Scott & Barber,
of

Minneapolis.

(P. O. Boston), Mass.
Sale
Of the $30,624,000

Note

Dec.~29—v«<178,

Feb.

on

inclusive.

Carroll

p.

(F-A)

payable

tional

Bank

senting issues in Groups A, C and

of

&

First

Na¬

Greenwich.- Le¬

approved

by

Hawkins,

Wood, of New

Salamanca Housing Authority,** of»
County

*

York

New

York

ceive

Note Sale—The issue of $241,000
notes offered Dec. 23 was awarded

of

to

lin

Barr

Bros.

&

Co.,

New
City, at 0.867% interest.

York

Supervisors,

sealed

bids

5:

will

until

re¬

10

a.m.

(EST)

on Jan. 5 for the purchase
$137,500 Sewer District Frank¬
No. 4, Improvement No. 384.

and

Sewer District Marion No.

1.

Improvement No. 315 bonds. Dated

Hempstead

(P. O. Carrollton), Miss.
Offering—M. M. Bennett,

Bond

the

at

1984

and -interest

City.

County Supervisor's Dist.

No. 2

2622—a total of $22,551,000, repre¬

from ,1955 to

1

Principal

Delafield

housings authority

offered

notes

Due

gality

'

MISSISSIPPI

—

State-aided

(51)

Union

Free

No.

(P.

District

4

Syracuse Housing Authority, N. Y.
Jan. 1, 1954. Due
Note Sale—The issue of $2,240,1955 to 1964

School

O.

000

notes

offered

Dec.

22

were

Mineola), N. Y.
awarded to Kuhn, Loeb
& Co.,
Clerk of the Board of
Supervisors,
D, were awarded to Kuhn, Loeb
Bond Sale
The $1,285,000 New York City, at .908% interest.
will offer at public auction at 10
Co., New York City, on a bid
building bonds offered Dec. 29— Due in six months.
a.m.
(CST) on Jan. 4, an issue of
<)f 0.6536% interest for the notes
v.
178, p. 2622—were awarded to
$8,000 road bonds. Due serially in
Tarrytown, N. Y.
maturing in one year and 0.6701 %
the State Comptroller, as
3s, at
8 years.
Bond Offering — William A.
for those due in IV2 years.' .."
par.
Angus, Village Treasurer, will re¬
The $7,713,000 series C motes, Leake County, Thomastown Con¬
sealed
bids until
2
Mechanicville City School District, ceive
p.m.
solidated Sch. Dist. (P. O.
due Jan. 25, 1955, were awarded
New York
(EST) on Jan. 5 for the purchase
to
the -f Boston
Safe Deposit
&
Carthage), Miss.
of
$42,171 parking area bonds.
Bond Offering—Harry C.
Bond Offering — W. G. Hamil,
Trust Co;, Boston, at 0.675% in¬
Iden,
Dated Jan. 1, 1954. Due on Jan. 15
Clerk of the Board of Supervisors, President of the Board of Educa¬
terest. ".
•
from 1954 to 1963 inclusive. Prin¬
will receive sealed bids until 11 tion, will receive sealed bids un¬
Middlesex County (P.,O. East
til 1 p.m. (EST) on Jan. 14 for the cipal and interest (J-J) payable at
a.m. (CST) on Jan. 4 for the
pur¬
the County Trust Co., Tarrytown.
,<•'*•.*>
Cambridge), Mass.
chase of $35,000 building bonds. purchase
of
$1,600,000- building
Note Sale—The $300,000 motes
bonds. Dated Feb. 1, 1954. Due on Legality approved by Reed, Hoyt,
Due serially from 1954
to 1973
offered Dec. 29 were awarded to
Feb. 1 from 1955 to 1983 inclusive. Taylor & Washburn, of New York

Sept. 1 from

on

inclusive. Principal
(M-S) payable at tin
County Treasurer's office.

and interest

—

&

Jackson-Milton Local Sch. Diet.

(P.
Bond

O.

Jackson),

Offering

—

Ohio
Donald C.

Shook, Cle^k of the Board of Edu¬
cation, will receive sealed bids un¬
til noon (EST) on Jan. 12 for th<

.

'

■

the Rockland-Atlas National Bank

of Boston, at 0.99%
The notes

are

and mature

inclusive.

Principal and interest (F-A)

discount.-y

dated Jan.

NEW

;5,1954

Note Offering—Mildred S.

Grand Rapids,

Mich.
$465,000./spe¬

Sale—The

cial assessment, street

and

se.wer

bonds offered

improvement

Dec.

•' 178;' p. ' 2357 — " were
awarded to Halsey, Stuartf& Co.,
22

v.

—

PAs^at 400.05,

Inc.; Chicago, as

Legality

City

Clerk,

sealed| bids until

will

noon

Gil-

receive

(EST)

on
Jan. 5 for the purchase of $150,000 notes. Dated Jan. 6, 1954. Due
Dec.

terest

15, 1954. Principal and in¬
payable at the First Na¬

tional

Bank

of Boston... Legality
by Ropes, Gray, Best,
Coolidge & Rugg, of Boston.

approved

basis of about 1.48%. *

a

NEW JERSEY
'Parish

Township (P. O. '-'d'447
Totowa, N. J.

Kalamazoo Avenue, S.

•

Grand Rapids 8), Mich.^

,•

Bond

.

Bond Offering—Sealed bids will

be

•

received;

the
Township
(EST) on Jan.

by

;

Clerk until 5 p.m.

for

6

of >$820,000

the'^purchase

.water

bonds.

revenue

bonds

of

July

way

$47,500

Dec.

sewer

28—v.

178, p.

Bank & Trust Co., Paterson,

NEW YORK

Bainbridge Fire District
Bainbridge),
Bond

Sale

—

N.

The

(P. O.

Y.

fire

$14,000

truck

ler, Canfield,' Paddock & Stone, of

tional Bank & Trust Co., Norwich,

Detroit.

as

(J-J)

■

■

and

equipment
bonds offered Dec. 29—v. 178, p.
accessory

2525—were

2%s, at

v

MINNESOTA

York

City Housing Authority,
New

awarded

until 11

Kenton,

(EST)

a.m.

Jan. 7 for

on

purchase of $19,000,000

Dated

Feb.

New York

1,

1954. Due

notes.

Oct.

11,

City Housing Authority,

bonds

Faribault County

Indep. Sch. Dist.

(P. O. Bricelyn), Minn.
Bond Offering — Virgil Thomp¬

No.

132

District

son,

Jan.

on

Clerk,

will

Trust

system

and

offered

2526—were

11

(EST)

a.m.

on

will

receive

(EST)

of

on

Education,

bids

sealed

until

1

Jan. 12 for the pur¬

follows:

as

clusive.

Principal

(A-O)

payable

2525

p.

12,420,000 Issue XC notes.
The notes
and mature

are

school building bonds.
Dated Jan. 1, 1954.
Due on Jan.
1

1957

from

after

.1975.
able

1984

to

District No.
Pine

inclusive.
Bond

maturing in 1976 and there¬
callable

are

as

of

Jan.

1,

Principal and interest pay¬
at

bank

a

trust company

or

designated by the successful bid¬

1

National

to

of

Bank

|

on

the

at

Bond

Sale

—

Chemical

Jan.

6

for

the

$1,000,000

Bank

&

from

five

a

total of

New

York

the

of

$420,000 school bonds. Dated Jan.

John

to

E.

Authority, and Smith Johnson,
Secretary, represented
Authority at the closing with
banks, at the National City

Executive

Bank

purchase

according

ity, who executed ther loan agree¬
ment. Hickman Powell, Trustee of

the

Drexel, District Clerk, will receive
sealed bids until 3:30 p.m. (EST)
on

New York has borrowed

the

W.

are
are

Dec. 29. The banks which

on

parties to the loan agreement
The National City Bank, The

Chase

National

turers

Trust

Bank, Manufac¬
Company, Bankers

Trust

Company and The Marine
Sept. 1 from 1954 Midland Trust
Company. Each of
Principal and the five banks is
participating in
interest
(M-S)
payable
at
the an
equal
amount
in
the
loan,
Chase National Bank, New York
which bears interest at the rate of
Hennepin County Indep. Sch. Dist. City. Legality approved by Haw¬
1%% per annum, and will become
No. 24 (P. O. Robinsdale), Minn.
kins, Delafield & Wood, of New due Jan.
5, 1955.
Bond Offering — F. C. Bayard,
York City.
The loan has been made by the
District Clerk, will receive sealed
bids until 3 p.m. (CST) on Jan. 14 Dunkirk City School District, N. Y. Authority for the purpose of con¬
Bond
Offering — Thomas M. tinuing and completing engineer¬
for
the
purchase
of $1,250,000
building bonds. Dated Jan. 1, 1954. Morrissey, President of the Board ing surveys, plans and specifica¬

Legality approved by Dorsey,

der.

Colman, Barker, Scott & Barber,
of Minneapolis.

Due

on

Jan.

1

from

1957

to

1984

inclusive. Bonds maturing in

1, 1954. Due

to

1976

on

inclusive.

of

Education, will receive sealed
bids until 3 p.m. (EST) on Jan. 12

1975
of for the purchase of $30,000 build¬
.Jan. 1, 1974. Principal and interest ing bonds. Dated Jan. 1, 1954. Due
thereafter

and

payable

at

callable

are

any

suitable

as

bank

designated by the successful bid¬
der.

Legality approved by Dorsey,

Barker, Scott &
of Minneapolis.
Colman,

Norman

Barber,

on

sive. Principal and interest

Greenwich,

Jan.

to 1976 inclusive.

1970
as

and

1

from

1957

Bonds maturing

thereafter

of Jan.

con¬

its

Lawrence

River.

The

Fed¬

eral Powe'r Commission has issued

license to the Authority to con¬
and

operate the project to

electricity to be sold in
neighboring states.

generate

New York and

are

call¬

1, 1969. Principal




Easton,

Cambridge,

Rotterdam

1

c

Bond

(P. O. Greenwich),
New York

Water District

(P. O. Schenectady), N.

Edward Central School District
No.

Bond

Sale—The

bonds

offered

Dec.

178,

County (P. O.
Hamilton), Ohio

Bond

Sale—The

supply
Dec.

and

29

bonds

awarded

offered

to

bids until 3:30 p.m.

Manufacturers

for

school

5

2358

p.

the

purchase

bonds.

Dated

of
Feb.

on

Jan.

$772,000
1, 1954.

178, p. 2526—were awarded
Stranahan, Harris & Co., of To¬

to

ledo.

Halsey,

awarded

were

—

Norwood, Ohio
Bond Sale—The $500,000 sewer
improvement bonds offered £>ee.
24—v.

$356,000 water

sewer

were

$350,000 hospi¬

Corp., Cleveland, as
102.16, a basis of aboa-,

2525—were awarded

p.

to

Shaker Heights, Ohio
Bond

Sale
The $38,500 road
improvement bonds offered Dec.
—

28—v.

178, p. 2526—were awarded
Merrill, Turben
&
Co.,
of
Cleveland, as 2s, at 100.23, a basis
to

of about 1.95%.

Sheffield Lake

(P. O. f
Lorain), Ohio
' f'

the

Provident

Savings Bank & Trust
Co., Cincinnati.

Bond

Sale

—

The

$17,496 street

improvement bonds
Colerain

Township Local Sch. Dist.
(P. O. Cincinnati), Ohio
Bond Sale—The $700,000 school
building and improvement bonds
offered Dec. 30—v. 178, p. 2525—
awarded

were

posed

of

to

a

group

First

the

about

3.36%.
1

j

County (P. O.
Warren), Ohio

Cleveland

Bond Sale—The

$800,000 tuber¬
hospital ./bonds < offered

culosis

Co., all of Cleveland, Ohio Co.,
Columbus, Prescott & Co., Cleve¬

awarded

Cartwright

Sweney

Co., Columbus,

as

&

2%s, at 102.14,

basis of about 2.54%.

a

Columbus
Bond

City

Offering

Clerk-Treasurer

Sch.

Dist.

W. V.

of

the

Ohio
Drake,

Board

of

Education, will receive sealed bids
until

noon

Dec. 28

Bank of
a

—

v.

178, p. 2359"—

were

National'

City

to

the

Cleveland,

as

2s, at 101.16,

basis of about 1.81%.

Urbana

—

»

Trumbull

Richards & Co., Hayden, Miller &

and

Dec.

178, p. 2359—were awarded
to Ryan, Sutherland & Co., To¬
ledo, as 3V2S, at 100.86, a basis of

Corp., Fahey, Clark & Co., Field,

land,

offered

29—v.

com¬

Bond

1

City School District,

"

Ohip

Offering—Helen M. Fair-

all, Clerk of the Board of Educa¬

tion, will receive sealed bids
til

noon

(EST)

on

un¬

Jan. 20 for th*

(EST) on Jan. 19 for purchase
of
$995,000
building
$6,000,000 building bonds. Dated Feb. 1, 1954. Due 0
Jan. 15, 1954.
Due April 1 and Oct. 1 from 1955 :o

the purchase of

bonds.
on

Dated

Nov.

15 from

1955

to

1976

in¬

clusive.

Principal
and
interest
(M-N) payable at the Chase Na¬

tional Bank, New York City.
Dover City School District, Ohio
Bond Offering — Karl Dilger,

Clerk

of

the

Board

of

(EST)
of

on

1,

1955

to

noon

Jan. 11 for the purchase

$265,000

Feb.

library

1954. Due

bonds.

on

1977

Dec.

Dated
1 from

inclusive.

Principal and i y
payable
at
the
Champaign National Bank, Ur¬
bana. Legality approved by PeoK

terest

(A-O)

Shaffer &

Williams, of Cincinnati.

Wadsworth, Ohio

Education,

will receive sealed bids until

Note

Offering

—

City Auditor, will
bids until

E.

G.

Nestcr,

receive sealed

1

p.m. (EST) on Jan. 7
for the purchase of $14,000 hos¬
pital X-ray facilities notes. Dated

Dover.

inclusive. Principal
Dec. 1, 1953. Due June 1, 1955. In¬
(J-D) payable at the terest J-D.
Banking
&
Trust
Co.,
OKLAHOMA
Legality
approved
by

Squire,

Sanders

1976

Y.

Reeves

$106,000 water
29—v.

178,

p.

,

&

Dempsey,

of

Cross, New York City, and the

Co.,

Buffalo,

100.11,

a

&

Traders

1

jointly,

as

Franklin

County (P.
Columbus), Ohio

3.10s,

at

O.

No. 2

County Indep. Sch. Dist.
(P. O. Stratford), Okla.

Offering—Ella A. McCar-

Sale—The $50,000 build¬
ing bonds offered Dec. 22—v. 178,
p. 2526 — were awarded to the

ley, Assistant Clerk of the Board

First National Bank of Stratford.

Trust

basis of about 3.09%.

Garvin

Cleveland.

Offering—Joseph K. Hill, 2623—were awarded to Roosevelt
&

8

No.

system construction and extension

District Clerk, will receive sealed

(EST)

Bond Sale—The

and interest

Jackson, Argyle, Hebron & Fort

will receive sealed
bids until 8 p.m. (CST) on Jan. 7
for the purchase of $100,000 school
building bonds.
Dated Jan. 1,

able

Saint

struct

District Clerk,

in

purposes

hydro-elqctric project in the In¬
ternational Rapids Section of the

office. Legality approved by

Reed,
Hoyt, Taylor & Washburn, of New
York City.

other

nected with the development of

a

O. Ada), Minn.
Bond Offering—E. L. Heckman,

on

and

Indep. Sch. Dist.

County

Due

(M-N)

tions

payable at the District Treasurer's

No. 8 (P.

1954.

Nov. 1 from 1954 to 1963 inclu¬

at

Cleveland

Butler

banks,

George

2%s,

as

tal bonds offered Dec. 23—v. 170,
p. 2358—were awarded to the First

The

—

to the Brookville National Bank.

1

Burton, Chairman of the Author¬

Bush), N. Y.

Offering

Bank,

basis of about 2.40%.

Mahoning County (P. O.
Youngstown), Ohio

the

Bluff-

Brookville, Ohio

1, 1954
July 15, 1954. Pay¬

&

(P. O.

a

Farmers

awarded

were

—

dated Feb.

at

Mamakating Central School

30—v. 178, p.
awarded to the Ken¬

Savings

100.84,

disposal plant

interest

and

the

at

ton.'

—v.

$13,260,000 Issue LXXXIX notes.

1.70s,

Montgomery, Walkill,
Shawangunk, Gardiner and

ton

1 and Oct. 1 from 1955 to 1974 in¬

Jan. 5 for

Bank

Crawford,

$565,000

Bonds

as

receive

(CST)
purchase of

the

for

6

National

Corning,

Co.,

Dec.

sew¬

Dec.

2V2S, at
$19,000 fire
2.28%.
the purchase of $25,680,000 notes,
equipment bonds offered Dec. 28
until

Co., New York City. Legal¬
approved by Caldwell, Mar¬

par.

bids until 3:30 p.m.

sealed

First

the

to

offered

$200,000

erage

bonds

Citizens

York

Trust

2525—were awarded

Ohio

Sale—The

Ashland City School District, Ohio
Bond Offering — Jane Meuser,

—

improvement

Cleveland.

Bond Sale—The $48,000 street
improvement bonds offered Dec.
28—v. 178, p. 2358—were awarder
1954. Principal and interest pay¬ Bank of Ashland.
Legality ap¬
to Hayden, Miller &
able
at
the
Chemical
by
Co., of Cleve¬
Bank
& proved
Squire,
Sanders
&
land, as 2s, at 100.44, a basis of
Trust Co., New York City. Legal¬ Dempsey, of Cleveland.
about 1.92%.
ity approved by Caldwell, Mar¬ Beaverdam Local Sch.
Dist., Ohio
shall, , Trimble & Mitchell, of New
Marion County (P. (J+
Bond Sale—The $25,000 build¬
York City.
ing bonds offered Dec. 28—v. 178,
Marion), Ohio

the

—

29—v. 178, p.

Canfield.; Legality approved by
Squire, Sanders & Dempsey, of

Bond

ity
Stuart &
Bond Sale
The $23,750 fire
Co., Inc., Chicago, as
Chippewa County, Maynard Con¬ house construction bonds offered shall, Trimble & Mitchell, of New 2s, at 100.35, a basis of about
York City.
solidated School District. (P. O.
Dec. 23
v.
1.95%
178, p. 2524 — were
Maynard), Minn.
awarded to the Manufacturers & New York State Power
Authority
Champion Township (P. O.
Bond
Offering—G. E. Leland, Traders Trust
Co., Buffalo.
(P. O. Albany), N. Y.
Route 4), Warren), Ohio
Superintendent of Schools,,, will
Short-Term Financing — The
Bond Sale—The $35,000 build¬
Corning, N. Y.
receive sealed bids until ' Jan. 13
Bond Sale—The $250,000 public Power Authority of the State of ing bonds offered Dec. 22—v. 178,
for the purchase of $340,000 build¬

ing bonds.

00

of

Offering—Philip J. Cruise, chase of $1,280,000 building bonds.
Chairman, will receive sealed bids Dated Feb. 1, 1954. .Due on April

able

Springs, N. Y.

Due

Note

Na¬

par.

Clifton

;

the

to

building

able at the Farmers National Ban k

OHIO

p.m.

York

Note Offering—Philip J.
Cruise,
Chairman, will receive sealed bids

Dated Jan.

$365,000

.

Clerk of the Board
New

New

payable at a* bank
to be designated by the successful
bidder. Legality approved, by Mil¬
interest

Sullivan,
Donovan, Heenehan & Hanrahan,
of New York City.

of

Dated Jan. 1, 1954.

Principal and interest (J-D) pay¬

by

approved

l3/4s.

as

Principal^and

1963.

1,

offered

2622—were awarded to the Broad¬

1, 1954. /Due on July l »ixom JL956
to 1989 inclusive. Bonds.maturing
in 1964 and thereafter are callable
as

Sale—The

bonds.

Dec. 1 from 1955 to 1977 inclusive.

City.

able at the State Bank of Albany.

Franklin, N. H.

Nov.^12,1954.

man,

Bond

HAMPSHIRE

pay¬

purchase

Bond

Bond

52

(52)

The Commercial and Financial Chronicle

Oklahoma

City, Okla.
55,000 3.30s. Due Jan. 1, 1973 and from 1956 to 1983 inclusive. Prin¬
1974.
T. Luttrell,
cipal and interest payable at the
City Auditor, will receive sealed
300,000 33/2s. Due Jan. 1, 1984.
City National Bank, Houston. Le¬
bids until 11 a.m. (CST) on Jan.
The bonds are dated Jan. 1,1954. gality approved
by Vandewater,
12 for the purchase of $1,812,000 Interest
J-J.
Legality approved Sykes, Heckler & Galloway, of
general
obligation
River
Park by Townsend, Elliott & Munson, New York City.
bonds. Dated March 1, 1954. Due of
Philadelphia.
Kingsville Indep. Sch. Dist., Texas
on March
1 from 1957 to 1974 in¬
Bond Sale—An issue of $360,Upper Providence Township School
clusive.
Principal
and
interest
Bond

(M-S)

Bank

the

at

&

(P. O.
Oklahoma City), Okla.

Bond

Offering

Joe

—

Bond Sale—As issue of

school
to

(CST) on Jan.
purchase of $2,083,000
bonds, divided as follows:

$1,083,000 road and bridge bonds.
Due
serially from
1957
to
inclusive.

1,000,000

Separate

provement

from

ally

School

bonds.
1957

Im¬

Due

seri¬

1974

to

in¬

clusive.

ment

The

bonds

Sale

Bank

the

—

The

100.30,

a

dated

Dec.
15,
Principal and interest (J-D)
payable at the Pennslyvania Com¬
pany
for
Banking
and
Trusts,
Philadelphia.
Legality approved
by Morgan, Lewis & Bockius, of
1953.

Philadelphia.

$5,000 water
improve¬

offered

Dec.

22—v.

awarded

OREGON
Dalles City (P.

O. The
Dalles),Ore.
Bond Offering — A. C. Grindle,

Sale

The

—

Clerk,

will

receive

the

Dec.

Boston

The

obligation

fire

department

bonds. Dated Feb. 1, 1954. Due on
Feb. 1 from 1955 to 1964 inclusive.

Principal and interest (F-A) pay¬
able at the City Treasurer's of¬
fice. Legality approved by Winfree, McCulloch, Shuler & Say re,
Portland.

of

Wasco

1953

29

$50,000 notes

Sch.

County

Dist.

No.

12

Clerk, will receive sealed

bids until 8 p.m.
the

for

(PST)

purchase

dated

are

$785,000

(F-A)

from

and
the

at

to

interest

1974

County

office

Legality
ap¬
Winfree, McCulloch,

by

Shuler &

1955

Principal

payable

Treasurer's

proved

Sayre, of Portland.

Cleona (P. O.

R. D. No. 4,

Lebanon), Pa.
1 '
Offering — The Borough

(EST) on Jan. 11. for
the purchase of $38,000
general
obligation improvement bonds.
Forks Township (P. O. R. D. No.

1,
Easton), Pa.
Bond Offering—Jack R. Snyder,
Secretary of the Board of Super¬
visors, will receive sealed bids
8 p.m.

(EST)

on

Jan. 4 for

the purchase of $6,000 general ob¬

UNITED

funding

improvement

STATES

Housing

Authorities

$207,106,000
be

dated Feb.

received until 2

Of¬

Bond

bids until 8 p.m.
for the purchase
eral

obligation

sealed

(CST) on Jan. 5
of $25,000 gen¬

auditorium

struction

bonds.

1954. Due

on

Dated

Jan.

1

con¬

Jan,

from

inclusive.

1,

1957

to

trust

the

Principal and in¬

(J-J) payable at

bank

any

designated

company

by

bidder.
Legality
Dorsey,
Colman,
Barker, Scott & Barber, of Minne¬
apolis.'":
successful

approved

by

Sturgis, S. Dak.
Offering—Walter A. Mil¬

Bond

City

000

Auditor,

general

will

receive

obligation

bonds. Dated Jan.

sewer

1, 1954. Due

on

Jan. 1 from 1957 to 1967 inclusive.

maturing in 1962 and there¬
callable

are

as

of

Conn.

Due

Jan.

1,

Principal and interest (J-J)
payable at a banking institution
designated by the successful bid¬
der. Legality approved by
Faegre
& Benson, of Minneapolis.

Ga.

Due

Aug.

v

309,000 Moultrie, Ga. Due Feb. 4,
1955.

revenue

bonds

was

pur¬

chased

privately on Dec. 161 by
Harriman Ripley & Co., Inc., New
York
City, and Schmidt, Poole,
Roberts & Parke, of
Philadelphia,
jointly, as follows:
$10,000 13/4S.
10,000 1.90s.
10,000 2s.

Due

Jan.

Due Jan.

Due

Jan.

1,

1955.

1, 1956.

1, 1957.

10,000 2.10s.

Due Jan.

15,000 2.20s.

Due Jan.

15,000 2.30s.

1, 1958.

1, 1950.
Due Jan. 1, 1960.

15,000 2.40s. Due Jan. 1,
15,000 2^s. Due Jan. 1,
15,000 2.60s. Due Jan. 1,
15,000 2.70s. Due Jan. 1,

1961.
1962.
1963.

1964.
15,000 2.80s. Due Jan. 1, 1965.
15,000 2.85s. Due Jan. 1, 1966.
20,000 2.90s. Due Jan. 1, 1967.
20,000 3s. Due Jan. 1, 1968.
20,000 3.10s. Due Jan. 1, 1969.
25,000 3.15s. Due Jan. 1, 1970.

/25,000 3.20s. Due Jan. 1, 1971.
25,000 3Y4S. Due Jan. 1, 1972.




(EST)

1954. Due
1974

interest

First

Bryan), Texas
Rejected — Bids

Bids

$800,000

court

house

and

jail

bonds

offered Dec. 28—v. 178, p.
2527—were rejected.
A new of¬

fering will be made.
Grapevine, Texas
Offering — The following

Bond

bonds aggregating $240,000 will be
offered at public auction at 8
p.m.

(CST)

on

$150,000

Jan. 12:

new

sewer

Harris

bonds.

County Fresh Water Supply

June

Framingham,
11, 1954.

Mass.

Due

of

Boston.

&

000,

Sept.

due

24,;/ 1954,

2.607%.

i

Local

QUEBEC
Danville

School

Commission,

Que.

of about

Debt, will

4.64%,

follows: "

as

' $32,000 3s. Due

Oct.

on.

1

from

1

from

1954 to 1958 inclusive.

28,500 43/2s. Due

re¬

1959 to

/

,

Oct.

on

inclusive.

1973

sealed

$400,000

821.10

water rbonds.

Dated

The bonds

dated Oct. 1, 1953.

are

Dorval,

Que.

,/

Bond Sale—An issue of

bonds

paving

'

.

$581,000

awarded

was

to

-

Sale—An

No.

or

A-l

June

904,000

Kansas

11, 1954.
Omaha, Neb.

Mo.

Due

Dis¬

bonds

was

sold

to

21, 1965.. Inter¬
payable annually. Legality ap¬
by Preston, 'Thorgrimson

proved

Horowitz, of Seattle.

$176,000

4s.

June

Maves,

Offering

City

—

works

Clerk,

will

T.

receive

Jan.

bids until 2 p.m. (CST) on
19 for the purchase of $215,-

general obligation local im¬
provement bonds^At the previous
rejected.

1954.

bonds

on

Jan. 19, all bids

were

from
<-

•

1

from

$136,000
1954

1964

to

Co.,

of
net interest

as

follows:

4s.

Due

on

to

1963

inclusive.

223,000 41/2s. Due
The

sold

&

a

5.03%,

$359,000

was

Rodrique

cost of about

Robert

1

•}

Jan.

on

Montreal, at 94.48,
>

Jan.

on

Laval-des-Rapides, Que.

500

Newark, N. J. Due
Aug. 6, 1954.
2,111,000 Passaic, N. J. Due June

Due

Bond SaleT-An issue of

Durocher,

Appleton,r Wis.

fol¬

as

1965 to 1974 inclusive.

sealed

Due

5.27%,

1955 to 1964 inclusive.

84,000 43/2s. Due

public

WISCONSIN

offering

11

terest cost of about

lows:

before Dee.-

Due Feb. 4,

City,

$31,-

Co., of JSeattle, as 4s,
Dated Dec.* 2i, 1953. Due

Bond

3,730,000

of

&

par.

on

issue

Improvement

Local

Grande

&

to

1973

bonds

Dec.

1

Dec.

on

inclusive.
dated

are

1953.

from

1

from

,,

,

Dec.

I,

-

Salaberry-de-V alley field, Que.

Hartford

(City ),}H art ford, Erin
and Addison (Towns), Common
School District No. 1 (P. O.

Bond Sale—An issue of

public
sold

improvement

$139,500

bonds

was

to

Wood, Gundy & Co., and
A. E. Ames & Co., both of
45,330,000 New York City, N. Y.
Toronto,
Hartford), Wis.
Due Aug. 6, 1954.
jointly, at 93.11, a net interest cost
Bond Sale—The $500,000 build¬
of about 4.48%, as follows:
25,393,000 Philadelphia, Pa. Due
ing bonds offered Dec. 28—v. 178,
Oct. 8, 1954.
$115,500 3s. Due on Nov. 1 from
p. 2528 — were awarded to the
2,915,000
Pittsburgh,
Pa.
Due
1954 to 1963 inclusive.
First National Bapk of Chicago,
June 11, 1954.
24,000 4s. Due on Nov. 1 from
and Robert W. Baird & Co., Mil¬
1964 to 1973 inclusive.
2,650,000 Ponce, P. R. Due Nov.
waukee, jointly, as 23/4S, at 100.19,
5, 1954.
The bonds are dated Nov.
a basis of about 2.23%.
11
21,540,000 Puerto Rico (Rio Piedras). Due May 7, 1954.
440,000 Newport, R. I. Due Oct. 8,
1954.

Jr., President of the Board of
Supervisors, will receive sealed

986,000 Charleston, S. C. Due Feb.
4, 1955.

bids until 7:30 p.m. (CST) on Jan.
5
for
the purchase
of $115,000

2,826,000

bonds.

at

■

Leclerc, Inc., of Montreal, at a
price of 97.10, a net interest cost

r.

bids
at
his
office,
222, Finance Bldg., Capitol
Square,
Richmond.,
until
noon
(EST) on Jan. 13 for the purchase

est

385,000 Abbeville, S. C. Due Feb.
4, 1955.

revenue)

was

Storey,
Bond Sale—An issue of $60,500
Dodge, of school bonds was sold to Rene T.

Room

at

Box 303A, Baytown), Texas
Bond Offering—Ollie L. Ostrum,

(tax and

Palmer

on

bills

follows:

as

$35,000,000,'due 'March 26, 1954,
at 1.883% yield, and $5,000,-

from

Staunton, Va.

trict

11, 1954.
529,000

District No. 27 (P. O. Route 1,

water

Bank

approved .by

mission

Treasury

23,

.

system bonds.

90,000 water works improvement
revenue

1

Bond Offering—J. Gordon Ben¬

6,922,000 Newark, N. J. Due Oct.
8, 1954.
the

Jan.

on

Dec.

on

Principal
(J-J) payable at the

y

18,173,000

for

$40,000,000

sold

inclusive.

National

Bond

1955.

County (P. O.

p.m.

VIRGINIA

11, 1954.

378,000 Brockton, Mass. Due June

664,000 Biloxi, Miss.

Brazos

3

Jan. 5 for the purchase
school bonds. Dated

on

.

follows:

$2,231,000 school bonds.
500,000 road bonds.
750,000 hospital addition bonds.

until

(Dominion of)
>'
Sold — An issue

Bills

-

purchase of $3,481,000 bonds,

di¬

bids

of

$238,000

639,000 Medford, Mass. Due Feb.
4, 1955.

as

.Canada

Thomasville,
Ga.
Due Jan. 1, 1954. Due dn Jan.
1, from L. G. Beaubien & Co., "of Mon¬
4, 1955.
1956 to 1975 inclusive.
Principal treal, as 3s, at a price of 84.77,
2,042,000 Madison Co., 111. Due and interest
(J-J)-payable at the a basis of about 4.87%. Dated Dec.
June 11, 1954.
City Treasurer's office. Legality 1, 1953. Due on Dec. 1 from 1954
455,000 Montgomery Co., 111. Due approved
by Woody-King & Daw¬ to 1968 inclusive.
June 11, 1954. ;
son, of New York City.
Forestville School Commission,
«■*»-;» 2,003,000 Peoria, 111. Due June 11,
>
';
1954.
Quebec
<
WASHINGTON
Bond Sale—An issue of
$260,000
560,000 Rock Island, 111. Due Feb.
Bellevue, Wash.
school bonds was awarded to a
4, 1955.
Bond Sale—The $72,000 general
group composed of Grenier, Ruel
488,000 Saline Co., 111. Due June
obligation bonds Offered Dec. 22 & Co.y La Corporation de
11
1954
«
Prets,
—v.
178, p. 2251—were awarded J. E. Laf'lamme, Ltd., and Gar368,000 Tazewell Co., 111. Due
to Foster & Marshall, of Seattle.
neau, Boulanger, Ltd., all of Que¬
June 11, 1954.
bec, at a price of 93.19, a net in¬
394,000 Maysville, Ky. Due June
Toppenish, Wash.

Bond Offering—Sealed bids will
be received on Jan.
19 for the
vided

(P. O.

Feb.

1955.

School

Authority (P. O. Hatboro), Pa.
Bond Sale—An issue of $650,000

sealed

342,000

934,000 Maiden, Mass. Due Feb. 4,

TEXAS
Joint

ceive

of

1955.

County (P. O.
Chattanooga), Tenn.

District No. 8

Treasury

Offering—Hiarry L. CushDistrict Treasurer, will re¬

man,

ceive

785,000 Marietta, Ga. Due Feb. 4,

639,000 Lowell, Mass. Due Feb. 4,

TENNESSEE
Hamilton

Springs and Seneca
(Towns) Joint School

Vermont

nett, Secretary of the State Com¬

1955.

Red

CANADA

Bond

Boston,

1954.

6,728,000 Atlanta,
6, 1954.

Richmond, Pella, Herman,

Feb.

Middlebury School District No. 4,

10,410,000 National Capital Hous¬
ing
Authority
(Washington,
D. C.).
Due Nov. 5, 1954.
3,740,000 Atlanta, Ga. Due Nov. 5,

-

1962

terest

Haven,

.

cott, Nararino, Belle Plaine, '

VERMONT

of

Feb. 4, 1955.

City Auditor, will receive

(City), Gresham (Vil¬
lage), and Waukechon, West-

11, 1954.

p.m.

11, 1954.

Hatboro-Horsham

June

Thorndike,

DAKOTA

Shawano

Va. Due

Due

F-A.

...

830,000

Smet, S. Dak.
Offering—E; J. O'Keefe,

Va.

1955

Interest

Legality approved by Chapman &
Cutler, of Chicago.

t

-y

Feb.. 1 from

on

inclusive.

1969

cor¬

bonds. Dated Feb.

Shawano), Wis.
3,262,000 Norfolk, Va. Due April
Bond
Offering—Fenton Muehl,
8, 1955.
"
District Clerk, will receive sealed
2,222,000 Richmond, Va. Due Feb.
and oral bids on Jan. 18 for the
4 1955.
' '
purchase
of
$725,000
building
1,504,000 'Virgin
Islands
(St.
bonds which were unsuccessfully
Thomas). Due Nov. 5, 1954.
offered on Dec. 21—v. 178, p. 2360.
369,000 Grays Co., Wash.
Due

Legality

De

,%

Gilbert-

purchase of $150,000

1, 1954. Due

2955

and

SOUTH

the

330,000 Norfolk, Va. Due July 9,

2, 1954, and amounting

New

for

porate purpose

Notes—Sealed

Aug. 6, 1954.

bonds.

school

Legality approved by Gib¬

Gibson, of Austin.

Local

4,676,000 Norfolk,

9,617,000
San
Francisco,
Cal.
(City and County). Due May
7, 1954.

until 8 p.m.

ligation

&

4,

Wis.

Jean

—

City Clerk, will receive sealed
bids until 9 p.m. (CST) on Jan. 11

5, 1954.

Legality approved
by Storey, Thorndike, Palmer &
Dodge, of Boston.

1961.

Secretary will receive sealed bids

until

office.

+*&%***■

1954.

Dec.

15,
1953. Principal and interest (J-D)
payable at the State Treasurer's
son

'

to

Bonds

;

dated

are

Feb.

.

Newport^lSws,

1,

after

PENNSYLVANIA

Bond

bonds

Due

Offering

son,

to

2955#j

3,258,000

1955

sealed bids until 8 p.m. (CST) on
Jan. 6 for the purchase of $50,-

inclusive.

The

Due

-

4

Dec. 15 from

Tex.

.

Jan.

Due

1

t

535,000 Richmond, Cal. Due Aug.
6, 1954.

ler,

Feb.

Waco, Tex.

1955.

Rhinelander,
Bond

941,000 Alexandria^Ya. Due June
11, 1954.
'
****
"*
:
670,000 Danville, Va. Due Feb. 4,

National

First

building bonds. Dated Feb. 1, 1954.
on

on

1957 to 1967 inclusive.

Dec.

29,
Aug. 5, 1954.

on

the

at

Jan. 5

on

of

449,000

were

and mature

Payable

or

(P. O. The Dalles), Ore.1
Bond Offering—David E. Bates,
District

1954 to 1956 inclusive.

Safe

notes

sealed

(PST) on Jan. 4
for the purchase of $150,000 gen¬

Dec. 15 from

Due

200,000 Paducah, Tex. Due Sept.
10, 1954.
>

Nov.
on

awarded to in the aggregate to $207,106,000.
Deposit & Trust Details of the issues follow:
Co., Boston, at 1.23% discount.
$4,442,000 Montgomery, Ala. Due

offered

bids until 2 p.m.

eral

*

(EST)
on
Jan. 12 by 47 local
housing authorities for note issues,

Westerly, R. I.

to

of Tuttle, as 2%s, at
basis of about 2.67%.

ISLAND

Bank of Boston.

City

follows:

Tex.

1954.

Orange Co.,
11, 1954.

June

sold

was

Rauscher, Pierce & Co., both
Antonio, jointly, at par, as

fering

RHODE

Note

and

2526—were

p.

and

310,000 23/2s. Due

Dec. 15,1993.

on

are

bonds

375,000

of San

Dec. 15 from

on

215,000 3%s. Due
i

house

$50,000 2J/4S. Due

30,000 2%s. Due on Dec. 15, 1968.
35,000 3s. Due on Dec. 15, 1973.

Okla.

extension
bonds

178,

Sherrerd, of Phila¬

school

Galveston,

Nov. 5,

Dewar, Robertson & Pancoast,

bids will

Tuttle,
Bond

sold

follows:

as

Legality approved by George J.
Fagin, of Oklahoma City.

works

$320,000

was

1956 to 1963 inclusive.

the

1974

Butcher &

$40,000 2V2s. Due

Pitts,

bids until 2:30 p.m.

for

bonds

revenue

delphia,

<

County Clerk, will receive sealed
12

-to

Media), Pa.

Trust

Oklahoma County

000

District Authority (P. O.

,-j

First Na¬
Co., Okla¬
homa City, or at the fiscal agency
of the State in New York City.
payable

tional

2,120,000

Offering:—R.

Monday, January 4, 1954

...

Jan.

Nashville,

Feb. 4, 1955.
1

Due

Tenn.

Due

'

1953.

Victoriaville, Que.

,

A. W. Bareis,
Bond Sale—An issue of
$225,000
City Clerk, will receive oral bids
industrial building bonds was sold
only until 10 a.m. on Jan. 12 for
to Wood,
Gundy & Co., of Toronto,
the purchase of $1,000,000 parking at a
price of 93.63, a net interest
revenue

1, 1954. Due

on

trends. Dated Feb.

to 1984 inclusive. Interest payable

by Lines,

Spooner &

Milwaukee.

cost

of

about

4.50%,

Feb' I from 1955 $140,000 3s. Due

semi-annually. Legality approved

7, 1955.

4,585,000

Dated Jan. 5, 1954. Due on Feb. 1

Tenn.

.,

Madisop, Wis.
Bond Offering

system

Memphis,

.

Quarles, of

on

as

Dec.

follows:
1

from

1

from

1954 to 1963 inclusive.

85,000

4s.

Due

on

Dec.

1964 to 1967 inclusive.

The
1953.

bonds

are

dated

Dec.

1,