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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,