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MONDAY ISSUE >$'wchk5M Th a 9I®3 1,0 V UHWS™11* BUSINESS UMtU Financial Chronicle Reg. U. 8. Pat. Office Volume 178 Number 5271 New York 7, N. General RAILROAD Abbott Laboratories (& - Y., Monday, November 9, 1953 Price PUBLIC UTILITY INDUSTRIAL - INSURANCE - Subs.), North Chicago, 111.— quarter sales in 1953 totaled $24,160,820,* up #22,887,945 for the third quarter of 1952. * 5 y2% In This Issue over Sept. 30— 1953 ..., Vet Income before provision for income taxes_____ income (.estimated)-—-—- on 6,944,600 Net income. •Earnings •After • — per provision for preferred dividends.—V. Stock 178, p. 565. Los Angeles Stock Net profit Common after per Federal pany's of ios3 W. C. Stock " ; share- : 962,434 $1.08 \ $1.55 taxes Stock Canadian Toronto position, but that a $452,000 provision for rrequircd in the first nine months of 1953, after balance applicable to the period.—V. 178, p. 657. Vet sales Federal Net income 1952 1951 reflect t On taxes, basis year-end of 1,986,648 Net 47 Section. Period End. Sept. 30— Vet sales Profit Fed. before taxes foreign and inc. Net Average and State American and Stock Stock Bond of •After 1,716,284 $1,673,986 $5,271,494 letter of 2,737.686 2,737,384 2,737,686 Mr. $0.51 $1.62 ket (for an of four p. filed was with the (par 10 cents) 6,906,539 p. 49 —50 SEC The covering 30 to be offered at the mar¬ d'Avigdor Co., for the account New York.—V. 176, 1953 1952 1951 Vet ry. $517,929 $498,934 Gross 168,387 184,442 The 3 Secondary Of¬ — fering—A secondary offering of 2,100 shares of common stock (par $1) was made on Oct.? 19 by Scott, Horner & Inc., Lynchburg, Va., at $12 per share. Mason, It was proceeds are to go to a selling stockholder.—V. net 178, p. 1465. 94,719 *40,476 86,327 from Net ry. railway 4,867,103 income— Deficit.—V. 178, p. 728,888 4,265,075 L. McKee, succeed F. Dr. Executive Vice-President, has been elected President E. A. Cahill, who becomes;'Chairman of the Board. Valentine, has Vice-President, been elected Vice- Executive 1,371,443 1,237,325 558,541 498,171 655,579 Net to for the nine months ended Sept. 30, share of common stock as compared for the same period of 1952—V. 178, p. 381. profits $2.42 share 1269. per officer.—V. amounted 1953 with $1.88 per will 30— 1953 revenue See 1952 price, of the cash Other income $1,659,194 205,194 $1,733,655 661,965 Heyden Chemical Corp. below.—V. Period End. Sept. 30— Interest other and — deductions— __ income Dividends on Dividends on prior preferred common stock — stock —-V. $1,130,680 101 342 share (on 841,198 per com. shares) 504,719 672^958 $596,362 Balance Earns, $1,202,423 101,342 * $356,380 $1.31 $122 178, p. 945. Alabama Great Southern September— Net from Vet ry. From Gross 1953 from railway railway. Inc. & before exc. oper. Jan. from ry. railway railway oper. —V. 178, p. income after $1,737,647 $6,055,566 $5,550,051 473,940 1,569,532 1,575,908 315,300 1,060,500 1,073,000 $162,287 $158,640 $509,032 of shares the in stock, con¬ $100 The issuable $36 upon and conversion conversion will be subject indenture. redeemable be the surrender of in cash. capital by share payable upon to are into payable payment and on together prices redemption after or 9, Dec. thereafter 102.75%; 1962, Dec. 10, 1955, thereafter and to 1956, including Dec. 9, 101.50%; thereafter to and including Dec. 9, 1964, and including Dec. 9, 1965, 100.75%. intends company debentures for/ the of accrued to PROCEEDS—The sale with including Dec. 9, and to to advances use to proceeds the subsidiary and the from associated companies; for the purchase of stock offered for subscription by such companies; for extensions, additions and improvements to its own tele¬ phone plant; and for general corporate purposes; and, in so far as sd<*h company proceeds debentures determine, the shares into all of of amount the foregoing of one intends to use for the same pur¬ be received upon conversion stock. The company is unable- to proceeds which will be devoted to «*y the additional determinable, poses of also may as capital the purposes. of the equipment, apparatus used materials and in constructing plants, other than buildings, of the company and it» telephone subsidiaries is purchased from or through Western Electric Co., Inc., a subsidiary. 195 in 1885. Broadway, The whose York, New company has principal executive offices are located Y., was incorporated in New York principal telephone subsidiaries. The N. 20 the company and its telephone subsidiaries is communication services, mainly telephone service. a network of wire and radio circuits and intercommunication between and through the territories of its telephone subsidiaries and of other • tp)ephone com¬ panies, for interconnection between, telephone systems in the United States and those in many other countries or territories throughout the world and for ship-to-shore telephone service. of business of furnishing $502,908 $0.25 $0.79 $0.78 $0.25 Tile , this corporation and opening of a new warehouse in St. Louis, Mo. "to better service our tile trade in the lower Mississippi Valley and -the South West." The new warehouse comprises 12,000 square feet of storage and sales facilities. AmericanOlean Tile Co. also has warehouses in New York, Chicago, Detroit and Miami.—V. 178, p. 849. 1952 1951 Tile Co. of Co., Olean, subsidiary sales N. Y., announces of the •CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING Outstanding Authorized 23/<% 12-year 3%% con. debs, due 1961 $343,087,700 $78,554,500 con. debs, due 1963 415.414,000 28,366,200 12-year 3Va% con. debs, due 1964 498,656,300 46,917,800 12-year 3%% con. debs, due 1965 602,543,700 602,543,700 1,440,000,000 1,440,000,000 15-year Other debs, •As due stock Capital of Oct. 1970 to 1987 30, 42,178,061 sha. 60,000,000 shs. (par $100) 1953.—V. 178, p. 1565. ~ American Fidelity & Casualty Co., 1950 $1,642,199 $1,609,901 452,370 *359,919 444,656 255,045 173,735 *265,631 15,140,873 14,461,396 14,473,643 12,678,155 4,490.878 3,426,101 "«,036,960 3,103,475 be 2,235,582 1,171,836 620,774 1,335,060 named ' 199,679 i : Inc.—Registers With Securities and Exchange Commission— $1,647,814 - 1953—9 Mos.—1952 318,400 taxes American-Olean Olean 431,950 1269. held, RR.—Earnings— 1— from Net Vet Income Co.—Debentures Of¬ company operates related equipment for 480.687 taxes profits taxes Earnings per share $1,586,809 ... Inc.—Earnings— 1953—3 Mos.—1952 J Cross $136, of number per for redemption: 102.00%; 1963, and principal 1565. $1,949,257 Sales Profit Net Directors of 5 convertible 602,975 38,024 Profit income— Antibiotic Division 178, p. American Encaustic Tiling Co.* $1,695,631 $1,864,388 income- Gross Board the of The • Operating on N<av. and chief shares of capital stock seven being provided as following including that $19,706,347 $17,486,106 18,047,153 15,790,475 Operating expenses and taxes as 849. p. Nov. debentures of BUSINESS—Company, 12 Months Ended Sept. 178, on be share per amount date fixed at American Cyanamid Co.—Expands Alabama Gas Corp.—Earnings Show Gain— Operating Directors, President 1954. Chairman as of Berner _1. 10, 1953. The subscription The offering is not underwritten. par. Practically 3,720,804 1,133,785 - Board the M. Jan. interest to 106.00%; thereafter to and including Dec. 9, 1957, 105.50%; thereafter to and including Dec. 9, 1958, 105.00%; thereafter to and including Dec. 9, 1959, 104.50%; thereafter to and including Dec. 9, 1960, 104.00%; thereafter to and including Dec. 9, 1961, 103.25%; thereafter to and President. 4,141,715 1,791.161 railway oper. to K. 1— from Net continue company debentures the now Allied Laboratories, Inc.—Changes in Personnel—Earn. J. 182,242 55,185 railway income Jan. will adjustment the $467,086 158.713 oper. From Corp.—New President— of of Harry effective officer price amount the to at 1950 $512,389 railway election the debentures conversion 50 System Federal Reserve Capital Flotations for the Month of June and for Six Months of 1953 The from Chairman McGaw, executive principal Akron, Canton & Youngstown RR.- -Earnings— from 753. 178, p. McGaw chief version Statement of Member Banks of Alabama-Tennessee Natural Gas Co. Oct. on aggregate total price not to exceed $50,000) September— G. price is 50 completed. Net *$125,08T with rights to expire on Dec. ' Gross 212,112. 197,460 etc exps., of debentures for each 50 565. 2157. selling stockholders through 2,367,105 2,590,625 offered $602,543,700 of 12-year 3%% convertible debentures, due Dec. 10, 1965, to its stockholders of record Oct. 30 at the rate of $100 59 Offerings City Bond $1.73 stock •$2,927,834 $5,078 fered—The 2,737,384 $0.52 common 1952 1953 - - loss administrative 37 Prices.r Reserve Banks common notification genl. and admin, announced 2, Combined Condition Statement of Federal Air-Springs, Inc., N. Y.—Files With SEC— A T . ___——- American Hospital Supply Averages.37 Foreign Exchange Rates $5,561,887 6,228,042 provision for preferred stock dividend.—V. 178, 9.000 shares of Co.—Reports Loss- Sept. 30— $2,559,487 Foster 37 Dividends Declared and Payable $1,707,346 outstanding $1.81 '-Ov* • sales__ •Gain.—V. 37 Exchange Averages Course of Bank Clearings The (& Subs.)—Earnings— 2,042,647 no. shares $1.66 share^j^rji—: ^ 657. American Telephone & Telegraph adjustments and re¬ shares outstanding.— Condition •Earns, per com. share- 345,216 $358,923 Miscellaneous Features taxes income ,, $332,616 common p. -48 Markets General Corporation & Investment News.Cover 1953—3 Mos.—1952 1953—9 Mos.—-1952 $32,682,364 $29,291,677 $99,885,729 $92,372,617 3,749,993 3,390,270 11,499,536 12,468,426 income on of Selling, _44 Redemption Calls and Sinking Fund Notices_50 Co., Inc. i, 354,468 sales and 178, p. 565. Air Reduction per 178, Cost —43 Exchange SEC Index of Stock $1.40 share to income__l>_i. American Hide & Leather $2,780,738 —— revised on Cr804,688 $1.84 1952. $7,416,599 704,141 687,084 - profit net Three Months Ended Net 1,979.809 205,634 —V. 41 — National Quotation Industrial Stock 3,955,859 4,178,433 $3,651,381 per figures coverable V. 8,035,448 taxes— profits tax excess income tNet * income income Federal *1952 $57,759,391 $38,355,440 Operating Earned —42 Stock Exchange—Curb Dow-Jones 1953 taxes -' — Transactions New York Stock Exchange——37 Co.—Earnings Increased— Nine Months Ended Sept. 30— Exchange. Stock Exchange-—. Stock Transactions Steel income—v _39 Exchange. Over-the-Counter carry-forward Acme Exchange.—- Francisco Stock Toronto carry-forward was on 41 Montreal President, pointed out that no provision was required in 1952 because of the com¬ taxes for Surplus 41 San 962,434 : $7,239,045 before Provision ——38 Exchange-—-— («fc Subs.)—Earnings— 38 Pittsburgh Stock Exchange——________ - Perelle, income loss such taxes outstanding common VOTE—Mr. 1952 $20,541,899 $15,189,985 '——___ 1,038,785 1,490,977 taxes— shares Earnings lor 1953 ; 178, p. 1465. sales Profit ___38 Exchange Philadelphia-Baltimore Stock Exchange. Months Ended Sept. 30— sales—--.—; holding 9 Months Ended Sept. 30—^ Net __33 Stock Exchange—————-38 Detroit ACF-Brili Motors Co.—Earnings— Vet ?• (Bonds) Stock Exchange—________—; Cincinnati $1.74 Midwest Nine Co.—V. issuance the a as American Hair & Felt Co. 17 (Stocks)— Exchange American Stock Exchange—.—! $7,166,752 > $6,817,100 —— Stock York New Cr297,454 share—__—?$l-83 common Stock Exchange New York ■ Boston • Act. Share Holding Co.— Co.—Not Power announced 3 Page 6,255,067 • Income taxes refund applicable to prior years— Foreign of an order granting: company;-and to it and from provisions of the Holding ConaAmerican & Foreign Power is a subsidiary of Electric Bond Quotations 1952 $68,362,675 $65,805,711 14,111,352 12,774,713 —--i & Nov. on to this corporation subsidiaries, as subsidiaries, its & Stock and Bond SEC exemption : pany earnings for 1953 were $3,166,324, equivalent to 82 cents per common share, as compared with $2,373,851, or 61 cents per share during the corresponding period of 1952. Taxes American . quarter Ended Copy MISCELLANEOUS - The Third Nine Months a Corporation and Investment News Earnings— Third $1 The SEC corporation on Nbv. 3 filed a ~J\ •< . registration the with statement covering 150,000 shares of convertible preferred atoek (par $&> to be offered for subscription by common stockholders at* the rate of one share of preferred for each common share held on record date V,to supplied finance as by amendment. principal further Geyer underwriter. & The Co., net Inc., New nm^eds York, nv.to growth of the company.—V. 177, p. 2245, has be - been used American Tobacco Co. — Special Offering—A special offering of 31,000 shares of common made on Bache cession the New; York Stock stock (par $25) was Exchange on Nov. 5 by Co.Vat $71.00 per share, with a of $1.10 per share. It was dealer's con¬ completed to minutes.—V. 178. p. 1565. - * s - • in 9 Financial Chronicle The Commercial and 2 " Monday. November 9, 1953 Inc. Stock Sold Menlion was made in our issue of Nov. 2 of the public offeiing and sale of 225,000 shares of 6% cumulative preferred stock at par ($25 per share) and accrued dividends by W. C. Langley & Co. and The First Boston Corp. and associates. Further details follow: AMI, Inc.—Earnings— ,,f American Water Works Co., and Income profits excess *952 $ '80,50j 546,jbu 1953 30— $449,359 311,151 profits taxes excess taxes— income Net share per including provision profits taxes has been made for ended Sept. 30, 1953, in accordance with the rates Revenue Act of 1951.—V. 178, p. 382. subject agreemeTwhereby3^ Triad an principally on customers, level The dependent directly factors continue stantially waterworks pay for pated accomplished financing permanent the that through stock will those not will be underwritten by a group headed by Corporation and Blyth & Co., Inc. The company The First serves a square mile area in Arizona and reaches approximately 60% 'the population of the state with one or more of its services. The company's major service is electricity but it also supplies gas and water. Proceeds will be applied towards the company's construction of program.- Bonds Authorized— The several permission by the Arizona Corpora¬ $5,723,000 in 3'/2% first mortgage bonds due Nov. 1. 1983. They would be exchanged for a similar amount of 3% securities issued by Arizona Edison Co., Inc., one of two utilities merged to form Arizona Public Service Co. in 1952.—V. 178, p. 1157. sub¬ loans to will such-expenditures to issue of works and earnings, companies. from time by depreciation accruals, Co.—Commercial Paper Rates commercial paper rates were reduced Va of 1% on company which sells commercial paper directly to Investment Associates be market Open Nov. reten¬ securities of the additional of water¬ will financing programs Such time to sale the this by 3 investments equity additional make to EFFECT PRESENT TO 265 FINANCING p. due 1978 Cumul. 6% pfd. stock ($25 series ($5 stock, the and the 2,704,472 shs. number of underwriters principal which shares each of the Shares C. The Langley First & 24,250 Co Boston Indianapolis Corp.____24,250 corp. Bond Johnson, Patl? Robert W. Baird & Co., Inc. Co., Sullivan Bosworth, & Lisle M. (Inc.) (Inc.) 1,000 6,000 Richard W. Clarke Corp.__ Claybaugh & Co.__ Ohio Co Paine, Webber, Curtis F. Collings & Co., Inc._ Columbia Investment Co<— C. K. S. R. Clement A. Friedman, Charles & & & & Co Sulzberger Hallowell, 1,000 1,000 2,000 1,500 —V. Scott, Horner & Mason, Inc. Chas. W. Scranton & Co.__ Shearson, Hammill & Co.__ Sills, Fairman & Harris, Inc. 2,000 3,000 3,000 2,000 Starkweather 3,000 1.000 Sterne, 1.000 Stern, 500 Co Hallgarten Reinholdt & Gardner Reynolds & Co. Riter & Co Robinson & Lukens 6,500 Co.— Co & & Co. Co._ & Co 1,000 Stifel, Hayden, Miller & Co Hemphill, Noyes & Co 1,000 6,500 Hentz H. & 750 Co & & 1,500 Hornblower Weeks & Hulme, Applegate F. W. E. See V. 3,000 & Hutton Co Co 6,500 178, p. Inc White, ' Weld & Co Arthur L. Wright & Co. Inc. $2,706,020 1,292,641 purchase $149,846 $1,545,585 442,084 sales Net income Net income On of the after taxes ; $0.24 $0.28 share per quarter, the net income was $60,469 or six cents per share on net sales of $3,545,687 compared with a net income of $80,802 or eigth cents pc-r share on net sales of $3,611,407 for the same period in 1952.—V. 178, p. 475. 1953 Sept. RR.—Earnings— 1353—Month—1952 1953—9 Mos.—1952 $699,322 $724,602 S10.032.728 $3,830,503 774,132 780,550 7,825,052 7,735,506 Period End. Sept. 30— Railway revenue— oper. Railway expenses oper. rail¬ Net revenue from * 178, Deficit.—V. railway income— 1270. oper. 178, 1950 1952 1951 $339,073 45,437 $408,354 115,057 19,865 183 5,793 42,157 p. 3,342,346 525,224 172,156 3,335,442 571,569 93,911 3,395.525 617,002 137,347 3,109,348 599,296 125,236 RR.—Earnings— Coast Line —V. rev. ry. 1953—Month—1952 11,463,164 10,885,127 fr. oper. 178, p. ry. . 1953—9 Mos.—1952 $ $ 11,957,504 125,993,554 11,671,660 107,986,001 578,037 $ 128.070,063 101,840,512 & Danville 5 18,007,553 6,965,917 26,229,551 8,897,175 Net ry. from from ry. $557,528 552,937 164,220 75,098 "32,282 261,859 20,601 | 7,917,604 '■"Deficit.—V. 178, 7.566,777 6,986,726 3,667,761 3,372,817 3,342,024 1,326,334 income— 8,231,988 3,462,907 railway railway oper. 1,353,710 1,533,867 1,357,607 1270. p. Beckman Instruments, Inc.—Forms New — inc ""Deficit.—V. 178. p. Division— announced formation of a new operating division (to be known as the Arga division) to handle development, engineering and production work under selected Oct. on 27 contracts. Instrument Arga until Co. of Southampton, Pa., will continue in of existing contracts, and than transfer to completion Pasadena, Calif. work at Beackman will be carried out by the Arga government purchases of standard Beckman prod¬ call for the manufacture of synchros, fire control government ucts. President, Beckman, O. government except Present and for plans ordnance components and $34,546 $330,562 $328,137 4.767 19,671 $599,241 after $690,066 $1,746,279 $1,920,554 342,189 per After 269.566 894,227 780,054 $0.68 $0.52 $1.75 $1.50 inc. in the last H. earnings by comparable that sales 177, for the second of last to 1952. order backlogs continue at record levels *5,833 $7,353,140 Net ry. income _ 53,936,301 54,454,368 670,459 627,154 5,904,934 5,446,515 365,244 280,116 3,202,045 2,509,009 40,483 41,404 325,328 310,202 $483,502 $551,780 iDri„ (Dri income- 49,061 508,220 524,826 $600,841 $4,391,285 $3,421,605 286,646 292,882 2,639,665 2,584,061 181,241 182,683 1,641,545 1,644,151 $56,774 interest, 41,159 $524,661 $125,276 $110,075 ""$806,607 „ __ _ income Contingent & 1953—9 Mos.—1952 5,974,303 _ oper. ago. $7,474,757 5,793,452 _ rents year ■September Earnings— 1953—Month—1952 revenues— rents a * expenses fac. of 1786. Operating Joint income Federal of last year taxes, reversed quarters predicted that 1953 results would be at least year's net earnings of $2.81 per share. He said Operating Equipment third President, and p. Taxes and over-provision for an quarter Percy, —V. share com. tax affected were 1953—9 Mos.—1952 Federal taxes— earnings Earns, 2350. p. Gain— 1953—3 Mos—1952 Sep. 30— etc. charges 64,947 $165,535 $24,104 176, $1,427,135 130,989 systems.—V. Bell & Howell Co.- -Earnings Show Period End. Rentals, 1953—9 Mos.—1952 $1,450,406 1,119,844 $145,109 Net rev. fr. ry. opers. oper. , $1,024,043 397,132 income- oper. 1950 1951 $959,556 From Jan. 1— Gross Ry.—Earnings— 1953—Month—1952 Ry. oper. exps.: ry. 1,211,362 1952 1953 railway from Other 121,005 Ry. oper. rev | 567,148 1270. Atlantic sNet 285,844 641,316 opers. inc Period End. Sept. 30— 6,500 | 750 g $2,094,997 1,611,613 $758,573 278.859 railway, from Net Period End. Sept. 30— • Net $2,267,676 29,299 1270. p. September— C. Ry. oper. rev Net ""$55,948 ""$74,810 76,978 operations railway oper. inc.— Net taxes $375,639 44,462 1,098,998 Net income ""Deficit.—V. 178, p. 1270. " (Continued on page 11) 1270. Park Place, New York 7, N. Y., REctor 2-9570 Herbert D. Seibert Editor ano Publisher, a statistical issue on Monday]. Other offices. 135 s. La Baiie fat., Chicago 3, Hi. William B. Dana Company. Reentered as second class matter February 25, 194^ at the Possessions, Territories and Members of Pan-American Union, $48.00 per year, in Dominion Selbert, account 1953 1952 $11,017,373 $11,019,234 282,464 246,609 Sept. 30— ______ the For Net RR.—Earnings— (Telephone STate NOTE: (& Subs.)—Earnings Up— (B. T.) Babbitt, Inc. Nine Months Ended FINANCIAL CHRONICLE (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 President. Published twice a week [every Thursday (general news and advertising Issue) with 2-0613); 1 Drapers' Gardens. London, E. C., England, c/o Edwards & Smith. Copyright 1952 by post office at New York, N. Y., under the Act of March 3, 1879. Subscriptions in United States, U. S. of Canada, $51.00 per year. Other Countries, $55.00 per year. Dana in the Net $1,378,039 422,538 45,266 THE COMMERCIAL AND William this company of Ardmore, Pa. Payment for with cash and class A common stock, as a approximately $300,000 of additional capital stock will course of the next year or so.—V. 177, p. 721. Finance Co. made was which of issued ,j there was merged into 1953 1, June 1,327.931 1953 $373,355 59,779 Ry. oper. exps.__ fi 1665. $2,838,226 $ 1.000 750 Co., company successfully marketed an 6% cumulative convertib.e preferred stock facilities of Bioren & Co. and H. G. Kuch Wetherill Earnings before Period End. Sept. 30— 4,000 Cartwright & Co. Baker & Co & at Sept. 30 new the of the of assets division 1953—9 Mos—1952 147,576 k Townsend, Dabney & Tyson 2,000 , Wertheim & Co 3,000 i 500 & Hutton also Thayer, & Humphrey, Inc. E. Sweney, 6,500 Co Co Stroud 2.000 Richards of through Boston & Maine RR.- stix & Co.—, .____ 1,500 Stone & Webster Securities Corp. 6,500 Hirsch $0.89 $0.4o 8,920,045 1,850,306 the 1953 Philadelphia. of Co., The $297,422 income—. Atlantic Agee & Leach 3,000 Frank, Meyer & Fox 2.000 Nicolaus & Co., Inc. 1,000 Hawkins & Co Hill 466,968 $137,608 36,122 opers. railway from Gross from 750 ry. inc.— 1270. ry.'oper. ry. 2,000 1,089,591 From Jan. 1— Net 1,000 1,500 2,195,904 144,826 railway Net 6 500 Net Corp._ 2,674,344 1,435,114 428,483 $282,434 September— from railway 1,000 750 $165,476 $1.21 $0.45 10,547,114 2,318,180 and com. class A sh.„ 30 April $290,000 A) Arnold Ry—Earnings— 1953—Month—1952 Gross & _ St. Andrews Bay Atlanta & West Point 2,000 Inc. Co Gilman Forgan Grimm 1,500 6,000 1500 from & (series income Rambo, Close & Kernel', Inc. Inc.__ 2,000 & Co Brokaw H. p. Net Quail 500 Co & Cleveland Reid Fulton, Co., Evans & Co., First Glore, & Steele Fauset, The 1,000 Co., & — Dickson S. 178, 3,000 Cunningham Inc. of issue operation Sept. 30— fr. oper. ry. —V. Piper, Jaffray & Hopwoodll 1,150 Prescott, Shepard & Co., Inc. 1,000 F. L. Putnam & Co., Inc.__ 1,000 1,000 1,500 C. Sept. at (capital and surplus) worth 61,739 128,712,983 52,031,774 rev Net rev. Net 2 000 _ Jackson 182,281 $230,198 and class A shares common on FINANCING—In 124,239 46,768 442,029.420 Ry. oper. exps 1,000 4,000 S. The 1,250 Blair p. Ry. oper. L500 Co Moseley & Co.__ Newhard, Cook & Cc._ Marshall— 2,000 & Byllesby & Co. Republic Co. Central Patton & Moore, Leonard & Lynch___ F. 178, income— 1270. Period End. 1,000 Co. Turben & Co The Milwaukee Co. 1,000 Brown, H. & 347,757 23.1,595 .• average com. per assets AH & Merrill, Co., Inc. Kidder McJunkin, 3,000 Inc.— 1,000 1,250 Baker, Weeks & Co oper. Atlanta & 2 000 McCourtney-Breckenridge 1,500 Baker, Watts & Co Blair, Rollins & Boenning & Co 2,000 3,000 M. Total South Co.——Ill 3,000 Laurence M. Marks & Co. 4,000 a. ry. —V. Space & Co., Lane Earned Dividends the 1952 $1,289,615 469,793 income——.——— Net & 1953 $1,706,692 —__ incoinM income on for Year— _____ 30— $247,798 142.986 2,000 Inc. Allyn & Co., Inc.____ 6,000 Lestrange & Co.__ 1,250 Auchincloss, Parker & Red- $273,721 15,923,555 5,289,539 Share & : C. Arthurs, A. $50,015,429 145,789,031 61,029,964 railway from Net Shares . 1950 467,643,219 railway from Net agreed to purchase from the company and to distribute, are as follows: W. 1951 1952 1— From Jan. Gross severally has Taxes Net Sept. for year— taxes on before Net, Net Fe Ry.—Earnings— September— Gross from railway— $49,135,636 13,727,614 Net from railway: 6,343,662 Net ry. oper. income— 225,000 shs. of Ended income Gross 1953 5,000,000 shs. names 1049. and 566 per Atchison, Topeka & Santa 700,000 shs. ____ value) UNDERWRITERS—The preferred value) par par 178. 1952—$65,000.—V 1953—$487,000; tax Banking Corp.—Highlights Automobile Year Gross Net $20,000,000 ______ stock Common $20,000,000 _ ______ profits excess 650^357 478. Gross published by Associates on Nov. 2% per year; 90-179 days, 2'/8% per year; 180year; and 266-270 days, 2%% per year. —V. 178, discount note rates days, 214% days, made possible by Outstanding Authorized , Sinking fund collateral trust 5% bonds, short-term are—30-89 3 GIVING interest New a the in subsidiaries. CAPITALIZATION $575,884 $2.28 $1.20 1,609,000 Beaumont, Sour Lake & Western Ry. —Earnings— cut is the third in five weeks continued rise in funds available for investment. rate The the company require $365,817 $2.79 $1.20 share common per ""Includes p. way investors. tion $1,431,366 205,125 ._. Bangor & Aroostook been granted has company Commission tion It is antici¬ continue. $1,723,495 205,125 652,553 new vary bank with the its com¬ 37,000 Certain of years. a (par $5). offering Boston 35,864,781 Earnings per common share Dividends be With SEC— on Nov. 4 filed a registration statement proposed public offering of 240,000 shares of company covering mon The $38,905,147 39,582,769 2,854,000 ____ preferred stock_ stock Dividends on this pending long-term financ¬ of provided funds The SEC these If past the short-term arranged that this practice v/ill is expected it activity. in as expenditures experienced in have companies pace same part of their capital expenditures a and the amounts the from the business capital that estimated is it years, of $44,160,264 income and renegotiation—— on earnings Net result extent great a arising from service relatively at to for expansion and construction residential is expenditures the Canadian dollar cur¬ Service Co.—Registers Arizona Public amounts advanced demands the upon approval has been obtained for transfer involved.—V. 178, p. 1465. rency 1953 1952 ■> $44,057,621 $38,809,603 102,643 95,544 L expenses taxes MERGER—As refundable basis. a capital required of approximately 23% holding 111 equivalent to Treasury and inter¬ the company (el $4,000,000 from companies; and mediate holding of $5,600,000 from additional companies by waterworks the in investments Saskatchewan 1952 mainly $5,000,000 proximately companies; fbl $13,800,000 from depreciation and (d) earnings; retained and accruals other and incorporated in October, 1951, currently $12,500,000 (c) loans; company in interests possesses Expenditures for construction have aggregated approxi¬ mately $66,800,000 during the five years and six months ended -Tune 30, 1953 as follows: $10,700,000 in 1948, $10,000,000 in 1949, $10,900,000 in 1950, $12,400,000 in 1951, $14,400,000 in 1952 and $8,400,000 in the six months ended June 30. 1953. Approximately $41,500,000 of such expenditures were for additions to distribution systems, principally to serve additional customers, and $25,300,000 were for expansion of water supplies, installation of electric pumps and other equipment to improve service and reduce or curtail operating expenses. During these periods funds to carry on this construction program were provided as follows: (ai $34,700,000 from sale of.funded stocks of the waterworks Canadian a acreage well spread in Alberta, and Williston Basin. Its production for a year to Nov. 30, amounted to approximately 375,000 barrels. This production was in the Redwater Field in Alberta. Triad's capital consists of $2,885,000 41/2% convertible debentures and 5,740,484 shares of no par value. The shares are quoted on the Calgary and Toronto Stock Exchanges. The new 1,750,000 shares to be purchased by D'Arcy together with $875,000 convertible note represents a D'Arcy investment ap¬ AND FINANCING bank 1,250,000 shares, convertible notes. and $250,000 notes the announcement purchased by D'Arcy in two equal lnstad" ments. D'Arcy also has the right at a later date to subscribe cient additional finance to bring its shareholding up to not less iV and ""Federal be thereafter will Subs.)—Earnings— (& Sept. 30— operating revenues Total income Costs shares 500,000 further A Co. according industry, of 4 V2% $625,000 and said, serve. short-term will sell to D'Arcy are entering day per Orthoflow an 656. Earnings retained in the business. subsidiary, and Triad Oct. 13, tnat Exploration Co. Ltd., a wholly-owned of Calgary, Alberta, Canada, announced on to confirmation by Triad's shareholders they Ltd. Co. thTriad° debt and preferred Powder petroleum the in Co. p. Dividends on common Ltd.—Acquisition— Anglo-Iranian Oil Co., into established by the 173, income Other the,nme excess D'Arcy Oil PROGRAM OF SUBSIDIARIES— The great demand for expansion of water service facilities which began at the end of World War II has made it necessary for the waterworks companies to provide major extensions and improvements to their waterworks systems to enable such companies to continue furnishing an adequate supply of potable water in the communities ing, and income Refining Nine Months Ended S2.14 $2.51 dividends depreciation and all ^her charges Federal and Canadian income and excels Profits taxes^ and for contingencies in the amount of $300,000. Piovusion f 50,000-bbl a Atlantic "Catformer," 12,000-bbl a engineers.—V. Atlas t 0,% 0.0 for made been has Deduction stocks. from '1 he, Atlantic its M $3,760,070 $3,262,000 - - sh. after preferred Earnings per com. retirements varying from $300,000 in 1954 to $500,000 in subsequent years. The amount of the annual sinking fund payment may be reduced in the event that bonds are retired through the application of other moneys. The bonds will be secured by a first lien on all shares of common stock owned by the company of the 35 directly owned subsidiary waterworks companies (of which two companies each have one oper¬ ating subsidiary), and on all of the outstanding shares of common stock of three intermediate holding companies which control 26 additional subsidiary waterworks companies, and of one waterworks service company. The issuance of bonds under the trust indenture will be limited to $20,000,000 aggregate principal amount. Under the agreements with the institutional investors, the bonds are to be sold at their principal amount plus accrued interest from Nov. 1, 1953, to the date of delivery. These agreements were negotiated through W. C. Langley & Co. and The First Boston Corp. subsidiary financing—Three subsidiaries have made commit¬ ments to sell $2,280,000 of long-term debt and $1,350,030 of preferred by income—--. Net annual 1973 and they taxes__ and Canadian inc. unit, installation of the involves program distilling Sales and through CONSTRUCTION J3?3 S1?'o^'ai« 6,809,818 ... before taxes from operations income Provision for Federal furnished was cracxing unit, a suiluricacid alkylation unit, and a 100lon'peraay ammonia plant utilizing hydrogen, a by-product of Atlantic's "Catformer." Such utilization of by-product hyd.ogen is a "first" to Subs.)—Earnings- 30— Sept. Ended Months Nine Net per bonds Glass Corp. (& Anchor Hocking equipment catalytic for institutional in¬ bonds. 1978, will at the rate of 5% annum until due and will be subject to redemption as a whole at any time or in part from time to time at varying prices not exceeding 105, except that no bonds will be redeemable for re¬ funding purposes prior to Nov. 1, 1958. The trust indenture will provide for a sinking fund which is intended to retire at prices not in excess of par an aggregate of $10,000,000 principal amount of Expansion— electric of worth $930,000 by the General E.eccric Co. lor the expansion of the Point Breeze, Philadelphia, Pa., plant of The Atlantic Reiining Co. Scheduled for completion early next year, Atlantic's $50,000,000 crude . company vestors estimated An expansion ®138h25o — $0.62 For the third quarter of 1953, net income of $43,391 compared witn $77,848 earned in the same period last year.—V. 176, p. 1057. Earnings has entered into agreements to sell to $20,000,000 of its sinking fund collateral trust 5% The bonds will be dated Nov. 1, 1953, will mature Nov. 1, bear interest payable semi-annually on May 1 and Nov. 1 the income and before Income its current financing program, FINANCING—As part of PRIVATE Nine Months Ended Sept. Co.—Plant Refining Atlantic r ... "(1766) fluctuations In the rate of exchange^ remittance for foreign subscriptions and advertisements must be made In New York funds. Volume 178 Number 5271... The Commercial and Financial Chronicle 3' (1767) Capital Flotations in the United States in June And for the Six Months of Calendar Year 1953 Domestic corporate gregate of sum financing in June reached the ag¬ $1,093,301,499, being substantially greater in dollar volume than subsequent page under the caption, "Large Domestic Corporate Issues During the Half-Year." ' v Private offerings, in June totaled 33 in number and previous month thus far this. any It was in sharp contrast to the May total of $645,124,314 and that for June of 1952 at $683,632,364. Financ¬ ing in the miscellaneous category, which by itself, amounted to $411,245,728 was largely accountable for the heavy increase in the figures for June. The principal portion of the month's dollar volume year. represented 539,330, duced amounted to issues note of all issues. The latter preceding months this total greatly in was and dollar volume. Corporate issues • placed February * March "May 33 There 61 were domestic common stock in market number, of June the and amounting 2.64% of June's aggregate total. A check month in usual of our order, during the current and of dollar volume. forth set as Three insofar as $411,245,728, dollar each volume is No up etc., $2,893,818, or 0.22%. or buildings, etc., $2,415,000, in 25-30 yrs. May May 8 25-30 yrs. 8 and came included the upon the financing undertaken was : " *. ! New Refunding Total $4,938,750 $385,672,408 3 4 91 days 99.473+ *2.084 100 3'/4 418,671,500 100 a 370,849,543 a 100 2 100 c 2,607,500 1,713,689,000 Jun 1 Jun 1 1 year 1 year Jun Jun 1-30 Jun 15 Total for 3 J/4 Total for six 99.292 *2.383 99.389 *2.416 1,400,368,000 1,500,091,000 99.413 *2.324 99.437 *2.228 1,500,229,000> 99.506+ *1.954 4,411,154,000 100 447,357,000 100 a 370,072,818 55,845,000 100 1,067,694,500 100 2% 25/a a 2 c 13,053,576,318 months 57,804,697,336 "Average rate on a bank discount basis, a Comprised series, all of which were changed as follows: of separate SERIES E—Beginning May 1, from 1952. Overall interest threo rate raised 2.9% to 3% compounded semi-annually when held to maturity. Higner rate achieved by snortening the maturity of the Series E Bond 10 end of to years 6 9 year. doubled $10,000 from SERIES H 8 years, months instead intermediate of months. cne Individual to $20,000 (NEW)—New Interest Also year. limit maturity current starts accruing at the yield is higher in each purchases has been the annual on value. income bond, Series H, available beginning, June 1, 1952, bearing 3% interest, compounded semi-annually, when held to maturity. Issued at par, Series H will mature in 9 years and 8 months, with interest paid by check semi-annually. Redeemable at par any time after 6 H has individual months from issue date, on one month's limit on annual purchase of $20,000. Series SERIES J AND K—These as of May 1, 1952. held to and maturity, 2.50% for and K combined For 2,180,965 367,400,365 18,214,900 437,883,640 c 23,648,290 346,904,800 1953. 645,228,950 392,874,650 1,936,400 647,165,350 411,775,430 are if 30, of F the and increased former G. to Bonds, held and par to previous accrued maturity data 1953, 2.53% for Series J limit F Bonds and of K on two or Treasury will Series footnote see on J 2687, page "Chronicle." Treasury notes of Series Treasury notes of Series at of of purchase $200,000. Savings on rate yields Annual Sale of sold 19. Intermediate of data 1952, Sale Bonds. is previous June of those notice. replace Series F and G Bonds, respectively, J and K yield a return of 2.76% When instead G higher than 323,256,510 $2,601,740,743 800,064,000 1,500,701,000 June 419,668,740 - 1,067,694,500 Jun 25 1 365,219,400 18,900,780 55,845,000 2 years days days 91 days Jun $390,611,158 $69,820,085 12 years 91 March $2,531,920,658 9%-12 yrs. 1,675,707,000 1,782,821,000 2,290,690,000 2,207,300,000 1,985,339,000 4,411,154,000 447,357,000 370,072,818 91 Jun 18 interest B B terminated was began on May the 15th of to on 15, the May 1953. 14, Notes month and interest years notes, see approximates 2.47%. For footnote on page 1470, October ' "Chronicle." present a tabulation of figures since January, 1951, showing the different monthly amounts of cor¬ Further revisions in the 1953 and 195Lfigures may be necessary, particularly as additional pri¬ financing is brought to light. USE porate financing. vate 99.471+ *2.092 1,187,840,000 2,607,500 107 days Jun Jun 11 February Total 1,501,112,000 1,500,797,000 *2.271 9,696,335,543 4 be ' June 99.426 1,713,689,000 Series municipal financing for the first six months of May % 1,500,369,000 May Jun May 28 from Possession Issues June April for Yield 99.405+ *2.352 418,671,500 370,849,543 > Price $ 1,500,400,000 1,187,840,000 May 1-31 May 1 9%-12yrs. May 1-31 May 12 years May 1-31 May 1 2 years .. $626,112,804. Government January larger issues floated during June of the current year and customarily reported here may be found on a we l Jun 1-30 1953 is set forth below: • The Below market 91 days May May 20 30.81 For June, one year ago, the total States Canadian Total 0.26%, and land, Accepted 2,166,360,000 2,230,787,000 2,340,199,000 2,087,058,000 91 days May 28 Jun 1-30 5.92 21.17 336,831,000 during June.1 to $297,- 27.20%; oils, $190,893,500, or 17.55%; other manufacturing, $104,565,906, or 9.56%; in¬ vestment trusts, trading and holding companies, etc., $62,540,245, or 5.70%; railroads, $17,787,000, or 1.62%; equipment manufacturers, $3,250,000, or 0.29%; iron, or copper, May 14 May 21 Apr 29 May 20 $21,000,000 issue of the Puerto Rico Water Resources Authority elec¬ tric revenue bonds; Honolulu, Hawaii, water revenue bonds in the amount of $3,000,000 and the Ketchikan, Alaska,1 offering of $1,350,000 utility system revenue bonds, all constituting new money financing. 37.60%; next in or United domestic industrial and steel, coal, 91 days Jun 18 42.59 > $18,900,780 for refunding. $235,389,920. much greater at was important role, being to only $31,524,248, or categories June totaled May 14 May 21 Municipal financing in June amounted to $411,775,430 which $392,874,650 was raised for new capital pur¬ month of totaling the public utilities which added were 710,302, various year five-year table reveals that contrary to the this miscellaneous group was outstanding month concerned order the 34.24 comparison of the current month's total with that for May last reveals a substantial decline in the latest offerings placed in the or 14.73% of the month's Preferred stock issues played a less in 91 days 7 Jun 11 . issues 7 A $161,022,451, 19 stock ago, May May Jun 45.87 figures. poses and the balance year Apr 30 six of Total 97,736,220 136,577,500 36 _ ___ aggregate a first 222,700,000 223,360,000 39 of June, the $264,621,500 25 June in Total Amount 26 _ "April $189,929,364. Amount Applied for « $ May 26 clined moderately to $192,546,699, or 17.61% from May's higher figure of $230,076,314, or 35.66% of that month's For privately 35 "Revised volume. Due " January excess Amount Dated Total q No. of Issues dollar volume for stock placements in June de¬ added up to month of months of 1953 follow: ing. Total For the June, a year ago, pri¬ financing comprised 45 issues amounting to $289,020,000, or 42.3% of that month's total volume. for this form of financ¬ year only $136,577,500 made up of 36 representing 21.17% of that period's gross was vate $36,762,169, or 3.36%, allocated for re¬ funding operations. Long-term bonds and notes in June totaled $750,454,800 or 68.64% of the month's over-all financing, con¬ trasted with $150,300,000, or 13.75% for short-term bond and over¬ month; that is May last, the total of sum $336,831,000 or 30.81% of that month's corporate financing. In the previous all new capital issues which aggregated $1,056,96.64%. This compared with the much re¬ or Date Offered • ... SUMMARY OF CORPORATE FINANCING BY MONTHS 1953 New Capital $ January.. February. .. 1952 11952 Refunding 1 1 $ 560,772,709 625,307,965 .. 1953, New Total Capital $ 576,914,161 543,374,952 25,159,845 650,467,810 Jan New Capital 75,851,400 13,357,925 $ 246,698,840 14,805,818 375,040,536 804,709,210 441,595,776 838,467,010 5,999,485 1,704,525,630 47,300,782 1,751,826,412 1,734,208,413 98,757,525 1,832,965,933 1,426,448,586 603,465,864 10,540,950 614,006,814 748,507,085 629,447,080 1,056,539,330 39,854,250 788,361,335 15,677,234 36,762,169 638,595,471 645,124,314 1,093,301,499 776,722,925 150,613,000 927,335,925 676,905,364 6,727,000 683,632,364 524,444,441 825,109,085 2 8 Jan Accepted New Refunding Indebtedness $ 90-day 91-day 91-day 91-day bills 1,400,121,000 1,400,121,000 Treas. bills .91-day Treas. bills 1,400,603,000 1,500,187,000 1,500,187,000 15 Treas. bills 1,200,662,000 Treas. bills 1,400,231,000 Treas. 1,199,990,000 1,400,115,000 672,000 116,000 Jan 22 Jan 29 261,504,658 Jan J 27,152,235 402,192,771 81,607,950 886,317,160 Savings bds._ Depositary bonds 504,122,885 Jan 1,324,000 Jan 1 Tax 1,324,000 106,629,500 106,629,500 $ 518,444,956 - Total Refunding $ 552,923,152 FUNDS Total Amount $ Jan f1051 Total $ 9,548,200 365,724,376 1951 —— Refunding $ 16,141,452 AND OF Type of Security Dated ' $ 123,566,003 Total 1,550,014,589 83,166,875 721,762,346 404,604,523 18,036,450 422,640,973 778,677,434 89,038,025 867,715,459 U. S. Feb Feb 5' antic'n for notes. January. 1,400,603,000 7,513,880,385 91-day Treas. Treas. 6,901,016,000 1.300 404,000 bills ______ 504,122,835 1,300,404,000 612,864,385 . .. 2,289,452,274 3,993,977,904 62,980,353 110,281,135 2,352,432,627 4,104,259,039 2,202,135,374 197,194,250 2,399,329,624 1,821,877,428 90-day bills 1,500, 600,000 19 91-day Treas. bills 91-day Treas. bills 1.301 266,000 1,300,519,000 26 747,000 1,300, 495,000 1,300,013,000 Feb 190,241,350 2,012,118,778 13 Feb Feb .. 15 Ctfs. 482,OCO 8,114 ,092,000 8,114,092,000 Feb 15 Treasury 620 228,000 620,228,000 Feb 3,936,343,787 295,951,775 4,232,295,562 3,248,326,014 313,807,353 3,562,133,367 1,153,242,203 418,435,408 September. Third 1,203,031,903 203,265,164 August 49,789,700 153,190,133 71,397,483 33,943,362 356,455,297 491,611,920 308,028,606 19,778,730 525,555,282 327,807,336 490,332,891 428,793,272 19,735,000 1 U. S. Savings bds._ Depositary bonds.. Tax Total 1,774,942,775 274,877,316 2,049,820,091 1,228,433,798 5,711,286,562 570,829,091 4,476,759,812 73,457,092 1,301,890,890 5 months 6,282,115,653 387,264,445 4,864,024,257 October 856,675,665 474,482,187 938,882,830 564,132,387 801,821,530 474,505,476 15,943,500 490,448,976 585,118,175 795,652,321 46,641,300 83,252,400 789,OCO 79,734,300 216,057,698 2,304,836,747 1,855,275,972 145,837,200 2,001,113,172 7,800,065,611 786,886,789 6,332,035,784 533,101,645 6,865,137,429 February—. 14,631,620,424 14,135,856,000 91-day 91-day Treas. bills Treas. bills 1,200,548,000 1,200,342,000 1,199,975,000 1,201,152,000 1,200,337,000 1 91-day Treas. bills U. S. Savings bds._ Depositary bonds 1 Tax Mar 12 Mar for bills Mar 26 878,904,721 2,088,779,049 quarter 89,650,200 414,012,124 789,000 79 734,300 1,300,085,000 1,201,878,000 Mar Total Apr antic'n for ______ 63,116,200 March 1,536,COO 573,OCO 815,000 439,731,525 5,316,500 notes. 495,764,421 1,300,085,000 439,731,526 631,759,475 November December Fourth 44,200,333 414, 012,124 notes. Treas. Mar 82,207,165 757,621,197 antic'n 91-day Mar 19 Nine bonds. 448,528,272 Mar quarter__ Indebted. 1 Feb Feb July of 1,500,600,000 5,316,5CO 63,116,220 5,411,827,226 4,900,739,000 1,200,447.000 1,200,447,000 511,088,228 Date Secretary of the Treasury Humphrey announced May 28 that $4,411,154,000 was received and allotted to $447,357,000 was received and allotted to holders of Treasury Bonds of 1953-55 in the amount of $725,000,000 called for re¬ demption on June 15 in exchange for one-year 2%% cer¬ The of indebtedness, dated June Due 1. Jan 29 Feb 5 91 days Amount Applied for Accepted $ Dated on holders of certificates of indebtedness maturing on June 1 in the amount of $4,963,000,000 and that tificates Amount Offered $ its operations to the 99.502 90 days 91 91 days days 2,291,545,000 26 Feb 2 Feb 15 1 year Feb 2 Feb 15 1,992,840,000 5% years 8,114,092,000 620,228,000 9%-12 yrs. 414.012,124 12 years 789,000 2 years 79,734,300 99.477 *2.070 8,114,092,000 100 620,228,000 100 414,012,124 a a 789,000 100 2 79.734,300 100 - STATES Date FINANCING DURING 26 February ■» Due Amount Accepted Mar 5 91 days 1,996,167,000 *2.164 91 $ Yield 91 91 2 90 days 2,098,195,000 1,200,662,000 1,201,152,000 9%-12 yrs. 439,731,526 439,731,526 a a 12 years 5,316,500 5,316,500 100 8 91 days 2,058,616,000 1,400,231,000 99.498 63,116,200 63,116,200 100 Jan 15 91 days 2,035,956,000 1,400,121,000 99.463 + *2.124 Jan 13 Jan 22 91 days 2,127,340,000 1,400,603,000 99.470 Jan 22 Jan 29 91 days 2,383,559,000 1,500,187,000 99.504+ *1.961 9%-12 yrs. 504,122,885 504,122,885 Jan 1-31 Jan Jan 1-31 1 Jan Jan 1-31 Jan Totai for a 1,324,000 1,324,000 100 2 2 years 106,629,500 106,629,500 100 C January for March. Mar 26 Apr 2 4,431,000 4,431,000 108,683,200 108,683,200 Tax Total May 7 notes. for April 7,497,457,940 6,900,458,000 596,999,940 1,500,400,000 1,300,354,000 200,046,000 bills 1,500,369,000 1,500,369,000 bills 1,501,112,000 1,301.247,000 199,865,OCO bills 1,500,797,000 1,300,725.000 200,072,000 91-day Treas. bills May 14 91 day Treas. May 21 91-day Treas. May 28 91 day Treas. 1 25-30 yr. Trs. bds. 1,187,840,000 8 25-30 yr. Trs. bds. 418,671,500 1 U. Savings 2 Apr 9 9 Apr Apr S. 1,200,447,000 09.476 2,098,183,000 1,400,560,000 1,400,326,000 days 99.439 *2.073 *2.219 16 Apr 23 91 days 2,202,275,000 1,500,526,000 99.414 *2.320 Apr 23 Apr 30 91 days 2,184,086,000 1,500,011,000 99.433 *2.243 1-30 Apr 1 9%-12 yrs. 382,473,740 382,473,740 Apr 1-30 Apr 1-30 Apr 1 Tax Total antic'n for 1,187,840,000 418,671,500 370,849,543 bds. 370,849,543 bonds. 2,607,500 2,607,500 notes. 1,713,689,000 1,713,689,OCO May a lowing 4,431,000 4,431,000 100 2 2 years 108,683,200 108,683,200 100 we page months' 7,497,457,940 compare the six corresponding c Total for April on 3,874,969,043 6) comprehensive tables pages the a 12 years 1 5,821,366,500 9,696,335,543 (Continued 99.487+ *2,029 2,275,152,000 Apr Apr May Depositary In the 1,942,856,000 91 16 May years year 7,513,880,385 antic'n 382,473,740 5,411,827,226 91 days 91 days Apr a 12 years 1 Total Apr *2.097 382,473,740 Depositary bonds— 1 1,500,011,000 c 1 99.487+ *2.029 *1.986 8 1,500,011,000 bills 2 2 years Mar 1-31 Mar 99.452 + *2.191 Dec 31-52 Jan Jan Treas. Sayings bds._ U. S. 99.485 + *2.036 % Dec 24-52 Jan 91-day 1 *2.098 Mar 26 2,442,093,000 2,388,071,000 2,230,081,000 99.470 Mar 19 days days days 1,300,085,000 1,201,878,000 1,200,548,000 99.453 Mar 12 Mar 1-31 Mar Price 30 May 14,631,620,424 5 Mar 1-31 Marl Amount Dated Applied for $ Offered 100,123,000 c 2Va Mar 19 1953 1,400,403,000 May Feb Mar TREASURY 1,500,526,000 2 >/4 Mar 12 UNITED bills May Total for Treasury Bills, and Depositary Bonds. Treas. *1.993 13 19 Feb usual weekly sale of Savings Bonds, Tax Anticipation Notes 91-day 1,129,OCO 99.500 + *1.976 Feb Feb Treasury Department in June outside of the above confined 160,000 23 Apr 1,301,266,000 1,300,495,000 5 17 1 1,399,431,000 1,400,166,000 bills *2.031 12 Feb 1-28 Feb 1,400,560,000 1,400,326.000 Apr 99.487 Feb Feb 1-28 Feb bills bills Yield 1,300,404,000 1,500,600,000 Feb 1 Treas. 91-day Treas. % Price 2,133,058,000 2,386,094,000 Feb Feb 1-28 Feb ' 91-day 16 Apr . 9 Apr Apr Treasury Financing in June Treas. Apr 8,586,952,400 fRevised. 91-day Apr 12 months 2 preceding, comparison. figures with periods thus on the fol¬ the June and in those for the affording a four five- CT> -a 00 Total 3,0,0 54,803 71,8 72 $ 1,2745.80 —19 Refundi g 30,17 0 Capit l 1,09368.0 New -1950 Refundig 280,1572 Capitl 280.17,25 35.01, 0 19,64105 $ 4,921,875 709,2 0 73, 1~849 80,12 735 $ Capitl Total 1,6984135973,74022687036DCPtSmroRauhfneaicvcpBonlFGUlts»esperd.fhuovtmadigmk.rfnlc.y TOFYFMJSEUIHUVTAANRERIHSDE FYTJMOEFUIIHNAVANRUCRSGPLD 89,03 25 137,60 2,91401 $ $ 463,50 25,480 84.09,189 6,401675 5,0 ,0 9,437,50 $ Refundig 3,702.0 3,025 0 $ —1952 Capitl $ New Total 140,65 0 1,80. 95,480 41.75,30 25.30, Total Refundig 36,290 ~Yo ~o6 372,169 16,04. 0 392.874,650 25,30 36,72.169 79.45,0 18,90.78 Capitl OSUMFARY New $ 714,6.80 150,3 31,42 48 160,5.28 135,017,4990483 ACNHARDTE $ New $ Com on 96,790 46,12 0 91,8752 520,80 19,5093 32,7180 20, 0 25,981526 112668,4,704579 1,0 0 60,9384 16,80 130.2,908 52.437,50 3,915,0 60, 0 21,548190 8,31,25 25,81250 237,50 8,297,0 3, 59,1 0 2,683,0 7,13 ,90 248,0 25,0 0 25,480 168,9 4,250,90 149,8 245 1,0 36,21843 16,80 12,709683 26, 520 3,9150 60, 0 13,25190 5,30 ,943 12,06 938 I72~0 8~,18 21,5205 149,8 245 150,3 0 150,3 0 75,0720 2,893 18 28,41.706 3,2950 3,702 0 3,025,0 6.72 ,0 16,590 35,7425 196.5493 10,53 98 3,610. 1,2081 94,6205 186,9043 62.540,25 20,345728 192,5469 17,8 0 297,1032 2,893.18 3,250. 104.56790 190,8350 2,4150 62,54025 41,2578 458,96 472,169 671,0,99305344 3,42896 36,7 2169 15,74 0 17,58 20 75,0 2 2,893 18 28.401,56 3,2950 62,54025 19,86759 192,07453 17,8.0 281.965,302 2.893 18 3,250. 867^ .06 190,8350 2,4150 62.540,25 407,81659 150,3 0 150,3 0 New 41,6830 89,038 25 78,643 3,025,0 13,20 Capitl 17,80 206,9810 3,250 587 6,20 187,59 0 2,4150 237,60 714,680 867,1549 10.38, 5 32,50 0 189,2364 16,590 35,7425 20,56943 13.560,938 3,610, 0 1,208,18 94,6205 683, 264 5,30 943 9,03598 17208,i 21,5 0 25,0 0 25,480 0279700", 36,290 70 ,0 3,816, 40 12,8 459 15,2859 25,84.0 247, 364 25,76485 280,76 41 40.16538 G.18,0 10, 0 52,73 459 3,025 0 $ 1,8232966601.1,477.954,5 14,96549 158,46 59 25,84 0 248,17 364 29,3 125 291,0 .26 72.65,38 6,180 10, 0 94,20459 47,2 364 39 ,125 85,6726 5,6 385 1,05639 0 notes. - governmt. acies&. fuincldse Notes- etc— manufctrig ■r-e¬ holtdcin.g, Notes- manufctrig iheoldtcn.g, utileseccotpoar,l,manuf acesori inmadanuunfscttrdrigl beuildtncgs, httoerrladuticnsg.,, utileseccotpoa,l,manufctres oie inmaadnuunfscttrdrigl — beuildtcngs, htorteralduticns.g,, aceocruprltiate JOFUNE bLoonangno-ttdeedrssm Short-em Presftorc-ekd stock bLoonang-ntdedrsm Short-em Presftocrked stock bLoonanngo-ttdeedrssm Short-em Presftocrked stock toal JOFUNE fdignuoorest BLoaonng-Tdesrm Railroads utiles ccospoteear,l,l,Eqmaunufiptment acaesonri-d inadunstrdl beuiltdcngs, trtarinudveissntmgn,, Miscelanou BaSohnortd-Tesm Railrods utiles eccostpotear,ll,,Emqanuufiptment aacesnorid Inadunstrdil beuiltdcngs, ttrIranuvdessitmngn,, Miscelanous Cornate— Domestic— Candi - foreign- Tocortpaatel BInternaiokl GCoavenrnmdiatn foreign GLooavantdn, •Mcuniicpal—St,es,PSosteaiens MONTH 30,51824 20 ,0 248,0 48,150 64 ,47 17 " 47, 436 39 ,125 89,18 26 5,65,385 46,7530 17,5 0 13,864.0 1,82 0 47182,750 65,98.43 8 0, 0 8.397,08 10,62750 17,80 2 ,6310 3,2507 76.15,20 187,59 0 2,4150 240,6 . 0 750,4 .80 Refundig 15,~74 o6 $ -1953 297, 50 7777 3,702, 0 3,702,0 $ 1,056390 750.4 80 150.3 31,524 8 16,02451 $ -1953 Refundi g -1952 627,39485 67,19,00953344 $ 7142,2880806,,05165275 16,590 203,9 .0 194,705 1,50,0 3,610, 0 48,150 468,5 0 $ Capitl 16,590 203,9 0 19,03 1,50. 0 3,610 1,4518,32960754668 INCSOOGNRERPUUFEWAPTI FLGAFOOVCRERENMPIGNTA,T, fraomSubanictplytoesdyine Total $ "197, 30 57,0 0 57,0 0 New 37,05 614,932804 459,73.0 25,48.0 84.09,18 96,40175 5,0 0 67412,50 3,416, 90 39,0 . 0 81,904125 $ Capitl 25,840 20, 0 25,18360 195.03,1 34,50 6,180 10, 0 40,5 0 6,72 0 96,790 36,0 0 3,25 , 26 709,2 Refundig "50 765 3,816,40 6,087,485 32,50 -195 683, 264 178,350 62,1 .804 New Total 25,84 0 20,7 .0 29,0 0 201,8 0 67,0 0 6,18,0 10, 0 79,45 0 $ 78,6 43 21,370 8,540 279.816,32 5,0 0 4,921875 Capitl 627,39485 6,20.19 79,4085 8,240, 0 8,31 ,2 5 25,81250 1,0 297, 50 16,0 0 3,1 75 16.52 0 3,9150 60, 0 9,82,0 $ New 867,1549 21,370 25.70 28,730.94 5,0 ,0 Refundig 81.904,125 6751,60 382,50 -195 75,839752 50,18 03 231,80 10 ,0 1,0 0 534.97 0 16,0 0 41,6250 42,3750 3,915,0 60, 0 18,320 $ Refundi g 237,~ 5o 6 -1950 61,946 17,50 34,26710 5,0 0 48,06275 89,361.950 79,326741 $ New Total 1,2364598 57,0 0 $ 3,150, 0 75,932 50739^68 96^70 126,980 59,80 239,75 2037,68 9Y7 26,0 1,267438 New Total 32,7180 20, 0 65,98 43 380, 0 8,397 08 10,62750 Capit l 46,120 832,19.0 149,350 32,50 0 20, 0 25,840 896, 791 52, 0 35,9162 5,0 .0 520,80 105. 26 30,17 0 520,80 $ 36,0 0 231,80 3, 0 , 0 4 ,474 4 ,474 1,3674580 60 .0 0 3,9850 -194 Refundi g 13,8640 1 ,7280 $ 150, 0 3,150, 0 23,7150 314,59763 15,0 0 728,1 0 89736T.950 79,38 741 $ 59,850 843.920 520,80 153,80 32,50 0 20, 0 26,40 $ 62,430. 1,3870 30,51924 3,25 , 26 54,7803 71,69 72 $ Total 1,267438 864.0 315,98476 4 ,474 10 ,0 197, 50 $ Total 15,0 0 Com on Other Com on Grand a !I § Other Farm United •These MONTH Public Iron, Motors Other Land, Rub er Ship ng Oil Public Iron, Mot rs Other Land, Rub er Ship ing Oil Total Stocks- Railrods ste l, Equipment and Public Iron, Motors Other Land, Rub er Ship ing Oil Investmn Miscelanous Total Total- Railrods Public Isroten,l, Equipment Maontodrs Other Oil Land, Rub er Ship ng Investmn Miscelanous Total £ c c A Q ui 3 55 3 a* rt> CO <D ►q O o ts3 -4 OS -4 CO Total $ 2,874630 5,940, 0 20,716250 35,12307 2,0 ,0 30. ,0 15,741 350,2 0 15,34921 480,964 5 S Capit l 2,78301,68 5,730,526 20,61250 34.6 ,027 2,0 ,0 30, 0 3,56072,41 16,0 0 154,920 1,4095712 $ Total 4 ' 2,48169,50 145,07 0 321,09758 421,590348 27,54 50 542, 90 3,0 ,0 Refundi g 83,02 1 51,309 25,76345 6,1 ,210 8,0 ,0 Capit l 1,6547,28 93,7410 295,34.093 415,29138 19,54 50 $ 542, 90 3,0 0 New Total $ 2,74096,782 3,56213,67 97450, 1,459 061 Refundi g 21,5980 60 ,0 91,0593 9,741,50 165,0 0 4 ,474 209,474 20,1 0 5,625,0 105, 26 5,730,526 310,52374 24, 570 15,3201 321. 6,0 1,4709, 41,536750 6,26,0 220575487182,5630 31,05 0 "60 75 5 6.50, 0 15,270 4,80 , 0 Total 2,9046738 $ 70 ,0 0 Capit l 23.45,0 897,0613 38,9 750 6,2 0 14,72305 145,62850 27,509 "eToi o G6,50 13,8250 4,80 0 31,80735 sor io 6827415,0 4,038415 154,32.0 1,24.895,0 128,63.90 29.187,50 2,840 75, 3250 68,9312 30,18 0 102,750 2,80,0 21L785 6 2,50,0 Refundi g 18.397,0 30,170 3,816,40 13,82065 61,3795 32,50 3,8720 281,250 645,05 175,0 0 5,83927 37,805 20,5790 13,8640 80,6470 1,250, 0 1,32750 7,217,0 925,724 1,49 ,350 46,39802 28,417.0 1,742 ,574 103,4650 6,39,0 70 592761 80.45,0 30,58 0 45760. 0 1,49,350 249,72936 60 ,0 0 321, 6.0 1,96 31 51,843 12 6,26,0 354,917 198,2 108 .32,570 995.55413 36,49073 60 ,0 25,96 240 5,310,935 648,50 97,8 10 602,45627 2,547,0 91,36.10 36,912.50 3,54 0 90,1390 8,24 10 93,74 10 70 ,0 New $ 197, 50 302,810 1,82347, 104,6 50 6,39,0 718,904751 80,450 45,60 0 1,49,350 250,698 0 51,309 51,309 Refundi g 907,87,10 576,28037 2,547,0 85,2 5 36,91250 3,54 0 38,0450 Total 1,49 ,350 46,921052 ; $ 6,70,0 645,050 175,0 0 490,27361 10,3652 153,6 241 15,7658 1,520, 0 29,043951 45,704 73 139,570 145,07 0 $ -1950 143,750 1,9536 98 24, 50 4.256,0 287,35942 514,370 85 2,50 , 0 5,7 6,250 5,0 ,0 l,~45o708 50, .0 154,70 Refundi g 13,8640 60,3970 1,250, 0 1, 50 7,217:65 "'60 ,0 0 94,38570 New 3,6702,14610, 0 75,0 0 54873~0, 2,041326 26,10 2,4 72,359 30,623 74 2,4570 15,72951 302,810 1,48693,0 80,42 80 6,39,0 567l~ 5760 179.40, 37,60 45,60O76O 20376 ,08 $ 924,7 8 10, 0 75,0 0 40J357oO 50,47168 1,895,0 $ -1950- 5,940, 0 $ $ -194 New $ 150, 0 Capit l 28,4170 1,42659.0 79,108 6,39,0 56,0 0 179,40 30,4130 45,60 5 203, 7608 3,4712058 50,17 42509,73 5,417368 Refundi g 94,38570 209,474 20,1 0 479,0 -194 5,790, 0 Total 16,0 ,0 634773018", 10,3652 148.35,06 15,76 53 1,520 29,043951 45,0 573 60 ,0 23,459.0 1,369784 49,26.312 6.26,0 263,7 1 16.39,608 29,0 50 95.43951 246,8173 1,50 4.256,0 5.06,50 368,0512 75,14 65 60 ,0 60 ,0 47,68 50 4 132,140 1,450, 8 280,47.903 1,7819 3."180,9 64.328,09 28,3690 4,82.0 5,974 50 1.0 ,0 1.476,053 738715104396,9,426,705720,5165382 15.630 1.5697024 402,51. 8 1,09,10 1.38,759 287.40359 10,735.0 15,3 1 16,34250 251,46039 23,50 1.98,50 25,0 0 190,8.246 806,52 13 159,38750 1.62480.152 203,78.56 29,18750 2.840 1.056 713 071.30 30.13 40 104.75,08 2,80. 0 3.180,9 27,63029 80 18,3970 59,106. 8,64 0 13,82065 17,342 85 5000 0 3,8720 1.0 0 59,124703 8614,,120506574,49296383571 NCITSOFSMTEJFUR3EONPUNHHAIDWXAE0RERD FGFLOAMFOTSIRVUNMEJEEA3ORHNUINCGMDPDNXR0GLT, 6,710852 SfFtrmGtaaeoifRDuhnoeBntdgcvivcaoeprlsdlspmumaeysdlknt,. 221,,8029258537,16769641,3805489075 15,42087 23,50. 79^6124,8.5 02 90.26148 31,3294,923054,,4561,267885701974389 $ -195 s —1951 32 FIStDCPehocramunviufcdpsles,. YEIVARS 28,4175096 39,26147540288 FYEIOVARS Capit l 2,5940 32 3,65,0 195,298 504,62835 2,50,0 Total 4,23 95,62 50. ,0 67,850 120, 3650 1,03925,430 2,47850,419 16,0 0 Total 3,025,0 295, 175 l768~,0 75193,0 257,61850 Refundi g 13,790 1,20,0 50,72 0 91.25,60 6,457,925 2,7450312 31,208. 0 34,5169 674,1 06 12,0 0 37850, 16.58,0 3,9643,78 50, 0 56,1820 120, 3650 287, 043 2,09316 16,0 0 2,9.8720 153,70. 286,95423 645,39675 26,0 0 61,59712 S 8570(, 0 750,"970 2,60174 3 31,0 0 5,7 6,250 Capitl New Total 5,0 0 - 3,02 83,27 31,208 0 359,703.19 674,8106 12,0 .0 378~50, 0 19,60. Refundi g 27,04 125 15,9~l7650 695,0 $ Refundi g 10,6 815 201,250 7,486530 1,932540 Capit l CORPATE, New $ 3,9 7,904 $ 269,3 0 1,047 1,6 428,1650 1,09,10 896,5086 213,48.31 10.645,0 12,0 0 164,250 $ -1952- Capit l 15.630, 1,04621. 6 $ New 61,,3877431552 Total 7,52948 10,28135 1870 ,0 65870^ 69,820 5 856,902 ,8293.05 153,48750 279,4389 643, 235 26,0 0 61,59712 1,50 3,65 0 3,248,0 195,0 0 25,0 0 31,208,0 37.4065 1,09,10 GOARNUPFDIN Pref red Com on Other Pref red Com on 2,1809 52,81976 60 .0 0 186,5420 1,0 642 0 46,305 0 23,50. 679,4120 362.807,4 1,7085 25.0 0 25.0 0 584,915.0 3,248,0 195,0 25,0 0 31,208 0 90,0 0 25508,193 8 5.103,618 30,25893 80,17.03 3,1 ,31 16734,250 75,029 153, 0 153,70 7,348,05 153,48750 153,48750 14.267,0 290, 0 537,24.5 38.749,03 12,856140 63,41 7 165,08246 6,87 34 934.50,249 20 ,0 0 Capitl 15,42.0 90,7260 45.67,0 23,50 64759,8 361,458.0 1.708,5 25.0 0 25.0 ,0 570.92,40 269,3 0 1.568, 94 45,19351 1,09,10 1,23694.23 297.58134 10.735,0 15.31, 3 16,34~250265,7 90 290, 0 54.82560 38,74903 13,0241 64,132.96 165,081246 68,0 513 93,19 13,9260 $ 2.2P4 1,05843 201,250 201,250 $ 140,9.50 1.5374,2 195,3825 15,36875 0 0 93,26478 48.1730 26.41,0 104.75,8 2,809 0 2.1809 218,3 26 18,91650 13,79.0 1.4960 51,683.40 94.3 250 10,7 925 20 ,0 2,56 ,0 New 1,0392685 167,261 721,025 186,5420 6,1 85,043 "246,9701 426.93,5 31,0 .0 28.1,05 630. 0 32.98647 2.07.025 1,8279 9,419,07 15,376 29 CHAR TE bfuontadiyes manufctrig hoeldticn.g —, -— - - manufctrig hoeldtcin.g, cceooptal,,ma;nufctres o-riesamannu-fidducsttrlrig bueildtncgs, ;throaelddtiinnc.gtru.s,, cceoopal,,manufctres.*"0\oi-indamuansnutfrcdtrilg-. 1etcKbuildngs, tthrr"oaueldsdtiinncg,.,79l! securit JME3UONNDN0THES LNBoontoaegsn-—Tdersm utiles— seccotopetall,,,Equmainpumfct—erenst anodi indausntrdl —bueildtncgs, * Inttvrreaustdmsinng,,Miscelano._us NSBhoooatretn-sTd-esm1,utiles scecotoeptall,,,Equmiapnumfcterenst anodiindausntrdl _bueildtncgs, Inttvrreaustdmsinng,,Miscelanous MEJ3NUODNN0TEI* Corpate— Domestic- Lboonagnn-otdetrdesms Short-em stock stock Candi - bLoonagnn-otdetredsms Short-em stock- stock foreign- Lboonagnn-otdetredmss Short-em stock stock corpate inBteraanoknl forgoeveirngmnt SPotsaeeins toal— fdiingnculouroedste LGeaaavncinde,s •&Municpatl—Stes,, CGoavnerndmian Pref red Com on 132,140 1,450 3 9, 49,60 963,40 3,678,650 3,720, 0 805,2305 207,3 86 10,6450 12,0 0 150,7 40 Refundi g 31,0 0 20,87.0 630, 0 32,81925 1,3490 24,735 1,7819 90,0 0 23518.4,18 6,07 18 3 ,9375983,98073 3,1 ,31 16,34725076.102,9 13,67 0 $ -1953 6780, 91,20 2,53190658 31,0 0 SOUM FARY 6 5,06 50 39,71652 70,316 5 New 3 4,10259,3 60 ,0 2,56 ,0 $ li7o $ $ -1953 1,90 0 Capit l 135,920 1,2 7580 124,8 260 15,86 75 2,84,0 714,3851 36,9132 26,309 102.750 2,80 0 16473,50 $ -1952 L45o75 i 3,248 6014 50.U 0 123,805 35,0 1,407956 6,70. 0 $ New Grand Total § Other Farm United •These 6 Total Public Iron, Motors Other — Land, Rub er Oil Ship ing Railroads Public Iron, Motors Other Land, Rub er Ship ing Oil Total Stocks— utiles Railroads Public Tron,.stel, Equipment, Moatonrds Other Land, Rub er Ship ing Investm n Miscelanou-^ Total. otal— T utiles Railroa—ds Public. Irsoten,l, Equipment Maont drs Other -vw.„ Land. Rub e—r Oil T-i'pctmPTi Miscelanous corpate Total cn The Commercial and Financial Chronicle (1770) 3 DOMESTIC AND (Continued from page 3) Total Amount Security Accepted Refunding S $ Jun 3 107-day Treas. bills 4 91-day Treas. 91-day Treas. bills bills Jun 18 91-day Treas. bills 1.500.091,000 91-day Treas. bills 1.500,229,000 ctfs. of indebt. 4.411.154,000 447,357,000 Jun ctfs. of indebt. U. S. Savings bas. Depositary bonds— Jun 15 Tax Jun 1 1 yr. Jun 1 1 yr. Jun 1 antic'n $3,110,339,720 $286,925,423 3,174,291,227 363,553,319 694,451,016 4,232,295,562 199,313,000 1951_„____ 2,752,720,782 287.835,942 198,489.000 1950 2,620,789,950 321,097,558 299,591,000 1949—___ 2,915,407,308 220,716,250 299,577,000 1948_______ 2,775,367,400 319,581,538 521,576,643 425,132,638 335,123,027 303,449,111 1947 2,060,493,650 1946 1,301,388,000 1,201.879,000 1,200,500,000 1.400,368.000 Jun 25 Following is Total Stocks Stocks 1953 1952 2,068,374,000 702,108,990 1945- 1,793,505,620 292,202,905 3,562,133,367 3,367,020,146 3,471,246,585 3,398,398,049 2,776,193,935 3,217,126,781 2,151,844,705 1,018,016,659 413,763,681 $ 1,200,652,000 4,411,154,000 447,357.000 370.072,818 $706,993,896 $4,104,259,039 220,743,313 446.643,791 66,136,160 36,456,459 16,406,288 494,956,472 55,845,000 55,845,000 1944.. 743,013,000 233,547.300 1.067,694,500 notes_ 1,067,694,500 1943— 369,395,000 27,962,393 Large Domestic Corporate Issues During the Half Year for June 13.053,576,318 9,762,930.000 3.290,646,318 Total for six 57,804.697,836 48.422,365.500 9,382,332,336 months— *INTRA-GOVERNMENT FINANCING Net Issued Retired Issued JANUARY Sinclair $101,758,900 17,438,000 92,965.000 — 95,308,000 22,811,000 Union 100,000,000 Oil due tures t75,527,000 118,119,000 Certificates list the principal issues of securities placed during the first half of 1953 giving at the same time the purpose of the issue: we $ $ JanuaryNotes Below Jan. 15, Carbide & notes Aetna Ainsworth $1,500,000 188.273,000 Certificates 152,000,000 2,500.000 Notes 146,929,000 91,050,000 due Nov. 298,929,000 205,379,000 141,100,000 88,000,000 94,191,000 United Jan. February- 93,053,000 for Edison Co. pipeline bonds due Jan. 44,050,000 162,750,000 stock 52,183,000 95,660,000 143,477,000 new 258,983,000 139,710,000 119,273,' 00 206,800,000 25,000,000 Total for April. 3 V2% Inc. York, 414% Co. 1973. 1, 61,000,000 195,396.000 256,396.000 26.113,468.000 24,878.075,000 to repay 1,976,114,500 1407,107,500 27,682,475.000 26.854,189,500 828,285,500 25,000,000 May June- Total for months— six 29.102,873,000 27,714,309,500 due to ments and bonds for sales of special series certificates and notes; certificates Adjusted Service Certificates Fund and Unemployed Trust Fund notes to Federal Old Age and Survivors Insurance Trust Account, Feb. bank common Co. capital 1983. Total 15, Foreign Fund, Results IVestinghouse Dec. 30,000,000 1965. 1, 3r/L>% Corp. general to repay bank mortgage loans and due bonds for the first half of 1953 compared with the somewhat larger total of $4,232,295,562 for the similar period a year ago, $3,562,133,367 for 1951 and $3,367,020,146 for Chemical Allied debentures Detroit 40,000,000 1950. the first half of 1953 for the pur¬ while added up to $110,281,135. The refunding obligations foregoing figures contrasted with $3,936,343,787 for new capital and $295,951,775 for refunding for the six months Long-term months of 28,726,165 with the bond bond $3i. and note financing in the first and note issues, $153,750,000 as against the minute sum of $31,208 000, and common and pre¬ ferred stock offerings, together, $993,919,319, a trifle low¬ as size against $1,568,119,849 in Gas Next 1952. in order of 1952. the first six months of the greater total of as Railroads followed totaling in $186,542,000 compared with 1953 loans due against the far larger as sum of $454,193,518 compared with $115,131,313 and bonds and and Natural due for May Aluminium Consolidated Ltd. Purpose, 1978. first and 3%% Co. Gas 1952, and land, building, etc., $11,998,- lesser amount of $10,735,000 in to mortgage pipeline repay bank loans first to Purpose, investments increase Motors June 1970 1, Corp. Acceptance to 4% inclusive. 1973, tables includes to Motors Corp. for Purpose, 4% C. I. Financial T. Corp. we for, working Purpose, Gas 1, ;1973, for Telephone New York due July 34,220,100 Southern for 25,000,000 Consolidated 37/a%> first due fund repay 37/s% Co. 1, CORPORATE ISSUES convertible 414"/<■ The second Our record JAN. 1 TO Preferred Stocks 30 Common Stocks JUNE Total $3,083,739,720 $286,925,423 $645,396,775 .016,061,918 3,053,291,227 359,703,319 674,841,016 ,087,835,562 2,745,220,782 287,835,942 514,370.385 were Gas 1983. Purpose, June 1, Power Co. of Baltimore sinking fund bonds series for new construction. Electric Light & mortgage of sold 321,097,558 421,590.348 335.932,406 335,123,027 ,439,246,585 since 1949 2,883,407,308 220.716,250 2,709,167,400 319,581,538 Private sales, those securities issues not well to explain, 303,449,111 332,198,049 rectly by negotiation to 494,956,472 210,071,316 765,521,438 ordinarily insurance companies and banks. 702,108.990 437,801,291 133,084,281 1945 1,768,505,620 292,202,925 65,236,160 690.763.000 233,547,300 36,456,359 965,766,659 1943 349,145,000 27,962,333 16,406,288 393,513,681 tion is made between 125,944,705 1944 detailed to a relatively few large purchasers, to No distinc¬ private and public issues in compilation of capital flotations. be made clear comprise publicly offered but sold di¬ 1,993,174.000 avoid any due C, bonds, C, series ; bonds, mortgage due C, series $70,500 | due quarterly notes, series B, $2,500,000 (January). promissory note due 1968, 1, June of shares stock common 10 cents), (par promissory notes due March 12, 1954-1967, F, 4>/2% Co. promissory ¥'■' (March). 1962- 1, (May). 4% into stock capital at due debentures subordinated convertible (convertible sinking 3,/4%« 25-year $18.50 share), per debentures fund 1, March due (March). Co., Electric (March). 1. bonds, lien and 3.80%first closed mortgage 1977, $300,000 (January). Co. convertible shares of 4.70% 20,000 Inc. $100), $2,000,000 (par Dec. due prqmissory notes due Feb. 1, 1958- Hosiery Mills, Inc. 434% Chadbourn 1954-1963, due notes promissory notes due April Inc. 4,/4% Co. Telephone (February). $1,400,000 1963, cumulative preferred 53/4% of mortgage 414% $7,000,000 Louisiana series shares (January). Co. 1, first mortgage sinking fund bonds due Feb. 1973, $1,200,000 (March). Chattanooga Gas Co. 4% I. Financial T. I. 314% Corp. 15, 1959, 1, April due 334% Corp. notes promissory 1973, April due (June). subordinated promissory notes due Feb. Financial Corp. 334% I. T. notes promissory (April). Financial T. $10,000,000 C. I. Financial T. $8,000,000 Dec. City 1, 1, Colonial our It ought also misunderstanding of the 3%% Colonial June Inc. 3?4 % Locks Feb. due 15, 1963, 1, Inclusive, promissory notes due Feb. 1, 1973, System, 1954- 15, 1968, (June). 3.35%> Co. 1, notes due July promissory 414% Co. $3,450,000 Credit promissory notes due Jan. 414% Inc. (February). Paper inclusive, notes unsecured due Jan. (January). Shoe 414% 1, promissory 414 % (May). Inc. $5,000,000 Light bonds, series Power & due M. Consolidated 1955-1968. Dee. inclusive, promissory notes' due July 1, 414% Inc. 3.70% (March). promissory promissory notes due June 314% notes 15, due 1963, (June). $1,500,000 Crocker $7,000,000 Corp. Petroleum unsecured Co. first and refunding mortgage 1, 1982, $10,765,000 (January). Industries, Chemical 12-year notes due (June). Machinery Corp. 1954-1965, $i.000.000 Connecticut Cosden • (March). (February). Broadcasting Congoleum-Nairn, 1978, B, 1958, 1, sinking fund notes due Feb. 414%, Co. Stone due bonds Feb. - series debentures, $1,000,000 1962, 1973, $5,000,000 Compo fund due (February). $12,650,000 1969, debentures senior 5rU subordinated Co. 15, & Sand $1,500,000 Combined duo 1971. 1, (June). Corp. (May). Dec. Colonial Stores, 15, 1958, 15, Nov. due sinking mortgage first 5% $500,000 Finance to notes promisory 20-year Co. & 1963, Acceptance Colonial July debentures (April). P.) 1, due 10-year 414 % J. N. (June). $100,000 Co. notes promissory . Phillipsburg, of 1962, Stores < C. 314% Corp. (January). Co. Gas (H. S.) & Co., Inc. 414% promissory notes due April 1, 1965, (April). $1,000,000 Davidson 2,060.493,650 - six months started it might be Drilling 1972 $15,000,000 security issues placed privately shows character, aggregating $12,281,826,during the first half of 1953. This is we series x Line Pipe Columbia compiling these figures sepa¬ rately in 1937. The figures for the half year of 1953 placed through the private route amounted to 31.2% of all corporate financing and compares with 31.3% so placed in 1952, period 547,427,109 2.593.244,500 1948 1947 sinking fund Purpose, to repay bank loans that 195 issues of this 220 bonds, promissory notes due April 15, 1968 (Cana¬ 4% % Stores, inclusive, 1955 construction. refunding 1958, 1, (June). 1967, 1. 200,000 Co. Corp. $6,000,000 $1,000,000 debentures bank loans amongst the largest in total amount and number of issues Notes . Gas Commercial Bonds and 1951 1960. refunding mortgage bonds, repay bank loans. involved in placements of this nature for any 1950.._ 1, Purpose, 10 1973. due notes Sept. due (April). 1, Clare ( ' 1984. Gas due June new Co. 1, Natural debentures and to 1967, 1, 1963, $25,000,000 (February). notes 1 sinking Purpose, construction. new series G, Co. 4'4% inclusive. and 35,000,000 Natural Nov. fund sinking notes mortgage general (March). preferred stock 1 Jan. capital. Northern due 40.000,000 show the volume of corpo¬ foreign corporations; DOMESTIC & five-year debentures debentures due 4% Feb. (May). Central C. for working working capital. due notes mortgage (January). 4 V4 % Inc. Co., repay Acceptance 1958. 1, due A, first mortgage bonds due 1983, $4,050,- general $1,000,000 Inc. $5,000,000 June improvements. July series (May). Oil Oct. par). promissory Purpose, due bonds mortgage bonds, shares of common stock (par $1), Corp. 4%%* Fisheries April 50,000,000 term general 10,000 C.) $5,000,000 Y, dpmestic issues by types of securities brought out - ■ 1983, (January). $10,000,000 (H. 1973, due sinking fund debentures due bank loans and for capi¬ 3.70% Co. Purpose, 1, 1983'. General due senior 4!/4%> 6,000 Including Dec. Broadway-Hale City 162,098,500 Phillips Petroleum tal term promissory 4'/4% Inc. (par $100), inclusive, (no capital, 150,000.000 first mortgage senior $2,022,000 Inc. Brewster-Bartle subsidiaries. in 1, (April). $2,500,000 Co., $18,000,000 debentures 374% Co. 1973, (March). 4,/4%> RR. Refractories, and $200,000 program. Gas to capital stock of shares 816,090 Natural . June first 33/4% RR. 1972, Refractories, Bolack JUNE due 4%!% 20-year 3'/4% Co. RR. Line 1972, Rock Bohack C. 1952. in the first half of each of the past 10 years. 1953 bank 1, May (June). first mortgage bonds due Feb. 3'/2% Co. Line 1, Beneficial Loan mort¬ repay Private Sales of Securities in the Half Year In the tabulation below to 10 repay refunding Purpose, 4% Co. 1973. 1, Purpose, General 500 in the first half of 1953 compared with the somewhat 1952. mort¬ due notes $750,000 (January). Co. $2,000,000 Coast 1, Basic C. i Line Coast $4,000,000 refunding first and 4% June 1, 1984. construction. new expansion for Purpose, $165,000,000 notes, (February). construction new 25,000.000 1, promissory 33/4% Co. $10,000,000 1978, due for Electric 27,747,060 equipment manufacturers, $23,250,000, contrasted with $1,109,100 in July shares of common stock due May 1, 1983. for new construction. Southern 30,000,000 ; (March). July Basalt bank loans. reduce bonds loans 1 1 $269,369,000 in 1952; iron, steel, etc., 1952; rubber $25,000,000 in 1952; sinking fund for expansion. 25*year as for the first half $85,054,403 314% general and refunding May 1, 1988. Purpose,- for 883,882 Co. to series V, bonds, gage the miscellaneous category which totaled against the much smaller figure of $265,727.909 in the first six months of 1952; other industrial and manufacturing $792,642,601, as against $1,233,694,239 in 1952; oils, $426,939,596 compared with $297,581,384 in 1952; investment trusts, trading, holding companies, etc., $190,081,246 as against the very small sum of $16,634 250 was $806,525,513 due Buckeye $1,556,- 225,180 mortgage 35-year Electric Co. & Philadelphia than the total for the first half of 1952 of $1,058,004,335. „Public utility emissions held to their long-established trend by surpassing all other categories in total dollar volume for the first half of 1953. They totaled 1. capital of promissory subordinated (February). 1972, 1, Central 30,000,000 3 (4 % City Electric Co. 3%4% Carnation six 4%> Co. $750,000 Coast Atlantic MAY $65,000,000 Pacific Gas to $2,956,589,720 as compared up 4V2% Illinois 15-year Co. Gas Investment $750,000 Purpose, series M, Purpose, 1, May (May). 1973, $1,000,000 first Co. 314% 3%% Co. Paso Natural (par bank footed July for construction program. 1978. 1, due (January). dian), Corp. Dye April bonds, gage slightly larger amount of $3,143,083,227 in 1952; short-term El 1952. 1953 due June shares construction. new of raising new capital totaled $3,993,977,904, due Edison mortgage Issues placed during & 1987, 1968, City Electric Co. 36,000 shares of 4.35% cumulative preferred (par $100), $3,600,000 (January). Atlantic APRIL $200,000,000 1968, 1, Jan. 2nd series stock, Booth as debentures (February). Corp. 41/4% Investment $10,000,000 expansion. Light Purpose, flotations corporate ended June 30, for & notes 1,436.552 Co. Power 1983. 30-year unsecured Line Purpose, $5). (par Pennsylvania 25,000,000 Oil Co. Investment 1, Atlantic capital. working tor Pipe 1, May due (February). $10,000,000 stock 314% Co. *3 '/a% Credit Purpose, due notes notes (May). 1977, March of Co. Telephone Atlantic for debentures due Purpose, for expansion and working capital. Interprovincial stock for the Half-Year aggregated $4,104,259,039 1946- Nov. sinking fund deben¬ refunding ($3,344,290) additions and improve¬ ($21,655,700). 314% Purpose, Corp. Electric 1981. Commercial 25,911,936 4% Corp. $4,250,000 1968, $1,000,000 Associates MARCH Service Retirement Fund, Canal Zone Retirement Fund, Alaska Railroad Retirement Fund, Postal Savings System, Government Life Insurance Fund, National Service Life Insurance Fund, Federal Deposit Insurance Corporation, and Federal Savings and Loan Insurance Cnmoration, tNet retired. Retirement Service rate 1973, Basic $50,000,000 fund promissory construction. new par), (March). Western Ashtabula Purpose, and Power 1, (no stock Co., Inc. sinking fund promissory note due March Public Service subordinated promissory for working capital. 334% to pose due Atlantic loans Mohawk Feb. subordinated notes stock). Pur¬ junior into 1978. working due debentures, due Feb. 1, 1978. and for working capital. Purpose, Stores 1, •Comprises Civil $400,000 $14,500,000 000 Corp. 1963. bank repay Niagara 1.388,563,500 1, sinking 334% Supply Investment $12,000,000 capital. Department tures, and 25,000,000 Feb. capital of shares (June). Anderson-Prichard of common loans and for loans 314% Co. 3.80% Co. Instrument 1965, notes first mortgage first Purpose, repay (convertible 1973 Financial T. due notes 1.235,393,000 1,569,007,000 I. C. 236.380,000 492,776,000 May- Credit 1, working for pose, 25,000,000 for Total Feb. due 163,620,000 bank Co. Hospital Associates reduce to Commercial 300,000,000 131,778,000 to Co. 25-year 3'/2% Case (J. I.) 25,000,000 361,000.000 Notes and 1, 1,000,000 shares Corp. Purpose, par). notes, (May). $6,470,000 Arkansas construction. Purpose, MayCertificates (no Power promissory 10-year promissory notes due Sept. 15, 1977, 60,000 Inc. Cyanamid Associates Notes in fund loans. Niagara Mohawk 27,500,000 Certificates of sinking mortgage New of Transmission Gas Tennessee 51,962,000 $1,900,000 American notes, y Filter Air American Arizona first construction. new refunding mortgage bonds, series I, due Feb. 1, 1983. Purpose, to repay bank loans and for expansion program. bank er additions and and April— so'd capital 3%% Inc. Purpose, Consolidated 53,100,000 11,138,000 182,191,000 Energy, bonds. 30,000,000 234,153,000 for Purpose, 3%-4,/4% Co. (April). American fund sinking (May). Industries, Ansul^Chefftical Electric 40,000,000 Notes 1982. 1, due working notes promissory 33/4% FEBRUARY March— Certificates Purpose, Co. Rubber Manufacturing (January). $4,500,000 Aluminum American 100-year capital. 149.500,000 $65,000,000 Total for February. States subordinated 15-year Allegheny-Ludlum Steel Corp. 334% promissory for expansion program. 3% % Corp. 2051. 1, 55,879,000 93,550,000 25,000,000 5% (June), $3,000,000 (May). 152,716,000 135,557,000 Total for January. 1983. Co. Finance $1,500,000 American Carbon list of all private issues which we have a of the figures for the past several years: summary subordinated deben¬ Purpose, for expansion program. convertible 3V4% Corp, issues only of security is reported in the first six months of 1953 together with a $780,000 Total the compilation and does not include bank loans. 370.072.818 1.500,701.000 Jun 11 figures, that 30 Common 800,064,000 800,064,000 Jun JUNE TO I Preferred Notes Indebtedness ISSUES—INCLUDING CORPORATE Bonds and New Type of Dated FOREIGN CANADIAN—JAN. 9,-1953 Monday, November * ., Bros. Inc. 434% promissory notes due 1968, $6,000,000 (March). Davison Chemical Dean & Co dated Defense Co. 3.95% promissory (June). $5,000,000 5% Feb. 1, Project, 10-year sinking fund and due Feb. 1953 Inc. including Dec. 31, note due May 1, 1987, , 5% subordinated debentures, series B, 1963, $300,000 (February). 1, mortgage note due 1972, $400,000 (January). semi-annually to and Volume 178 Detroit & Brass March 1, Number 5271... The Commercial and Financial Chronicle Detroit Edison Co. L, due Jan. Dixie Malleable Co. 4Vzr/o 1954-1968, $1,000,000 15, Co. Cup 15-year debentures due Natural annually (March). general and refunding mortgage bonds, series 1973, $24,000,000 (January). 33/4% promissory due notes Nov. 1, stock due 3% % Co. promissory notes due Sept. 1, 1972, (March). East May Elgin Natural Nov. Paso Corp. 1, Federal due Electric 1, (par $1), First $700,000 pipe line bonds Oakland due bonds) sinking fund Orr $65,000,- Corp. 1954 4!/2% promissory mortgage 5% sinking fund shares class of B Porto stock common (May). of v. Pittsfield, Inc. 43/4% promissory Acceptance (January). 2,000 shares of 5% Corp. A, Public (par $100), $80,000 Public (par Corp. $100), Florida $8,000,000 Power series B Florida 80,000 & (par shares of cumulative preferred stock Radio (May). Light Co. Co. 4% shares 4 Va % of preferred stock, (February). 1968, $400,000 Foremost debentures due March 1, 1978, $1,000,000 bonds, series F, promissory note due due Feb. May Radio 1, in Inc. 20-year real estate mortgage 4%), $5,000,000 (June). of excess Gary-Hobart Water Corp. $3,100,000 (January). General Acceptance 1, General 1968, first 4.70% 52, 1983, 1, subordinated sinking due Sept. 3.80%, fund 1953 1, to equipment June 1, 1973, General Aniline 1972, & Film $5,000,000 Film 1972, & $5,000,000 General Finance General $3,250,000 General Motors to General Corp. inclusive, General Telephone Co. $1,000,000 (April). Telephone 4V'2% (P. clusive, Co. A.) City Michigan 4.90% $15,000,000 $2,000,000 Co. 000 June notes due April first mortgage 3%% first mortgage first debentures, mortgage $650,000 sinking due ; Feb. due first mortgage bonds promissory Nov. due first mortgage bonds dated 1, 1967, 1974, South 1946, South 1, of amount to sinking fund purchase notes), common $750,000 Light Co. 3'/4% notes stock (with $6 at 1973 Gas (March). $900,000 Honolulu 1, & Water bonds, Pipe series C, & Line preferred stock (par 1, cumulative $3,000,000 series C, (R. H.) & $11,000,000 Corp. 4V2% first trust bonds mortgage 15, 1954-1965, Market 1972. 1968, inclusive, Market 1, Massey-Harris $5,000,000 Mead Corp. promissory (May). 15-year 4(4% 4% Acceptance Corp. 4.25% 3%% 1954-1968, 1, note due notes Jan. 1, March due 1954 Tyler to 1, $2,000,000 serial 4%%. Corp. 4%% due 1, notes due Feb. due due 1963, dated notes June 1, Jan. 1953 15, and (June). 12-year promissory note due A stock common 1965, 3(4% sinking (no fund par), $176,220 due (March). 20-year promissory notes Power debentures Co. 374% first due June mortgage 1972, 1, bonds due 1983, debentures due 1978, (June). Water Power Co. 4% sinking fund (June). Instrument 1967-1969, inclusive, Whirlpool Corp. 4%% Trend 4(4% June Dec. 1968, 15, due Corp. 4(4% promissory due June 30-year debentures due Dec. 15, 1981, $1,000,000 notes (June). promissory notes due May 1, 1969-70, $2,000,000 Gathering series due 1970, W.) (F. Co. System, Inc. $7,900,000 3(4% first mortgage pipe (March). line bonds, •>, promissory notes due 1958-1973, inclusive, $10,000,000 (May). 1, $10,000,000 $3,- Manufacturing Co. 4% 20-year promissory note due 1973, (March). Youngstown Sheet & Tube Corp.) Dec. 10-year first 31, notes notes due Jan. series G, due Aug. 1967, due 1, Co. 1982, of mortgage 3%% first mortgage sinking fund bonds, $7,000,000 all private given in the following table: 1963, 1968, 1, summary $3,- PRIVATE bonds 33a% due bonds Sept. 1, 1982, 1953—Number due Sept. 1, 1982, of CORPORATE issues notes due Dec. 1964, 15, 1963, $5,000,000 1951—Number notes due March 1, 1971, 111.) first subordinated mortgage bonds, debentures due 1949—Number $2,156,500 June 230 of issues 1966, 1, 263 & Gas Co. July 1, & Gas of 1981, 3%% Issues $300,000 and and 1947—Number refunding mortgage 228 refunding mortgage issues bonds due Oct. 1946—Number 1, 213 of I ' issues Co. 4% promissory notes due 1964, of issues Co. 4% senior Co. notes due April bonds due Aug. 1963, 1, 1, $2,- 1944—Number of 1943—Number Terstegge Co. 80 promissory of issues notes sinking fund due April - debentures 1, 65 of shares— 1942—Number 1968, ! Business 60 of $1,500,000 issues notes due Nov. 30, , . 5%% of stock of purchase . „ . 1989—Number . issues 1, 30 55 $180,977,500 $272,897,500 27.4 25.2 38 55 93 $210,664,850 $433,934,550 31.2 64.4 41.6 . of issues 128 of 87 215 $538,562,300 $418,775,000 $957,337,300 38.0 34.8 36.A total volume issues 65 92 157 $326,959,904 of $507,580,385 $834,540,289 29.6 30.6 30.2 issues 66 71 137 $309,980,000 Volume ' Water 27.4 22.2 Percent of total volume promissory notes due Feb. 1, 1968, $2,000,000 140 $869,990,739 23.1 25 Volume preferred stock warrants attached, $1,- 80 $499,148,114 - $223,269,700 Percent of cumulative 182 20.5 $91,920,000 . 20-year 4(4% 1940—Number 15,000 shares common (May). 36.4 April 1941—Number , Inc. Forms, (March). 117 17.6 $370,842,625 volume 25.2 $722,001,687 $1,283,561,687 21.4 Percent of total volume due 245 35.5 $561,560,000 Volume 4(4% 34.0 165 14.0 Percent of total volume 4%% 437 39.2 $450,826,055 $1,221,719,324 $1,672,545,379 Volume- (April). 461 42.7 243 27.3 issues Percent of total (March). 221 44.5 194 Volume 1956-1975, 390 39.5 $758,691,200 $1,388,893,599 $2,147,584,799 total volume Volume $500,000 240 41.1 Percent of total volume Investment 177 45.8 $1,396,705,750 $1,400,982,395 $2,797,688,145 total volume Percent of tctal voxume $1,- 41.0 $975,296,545 $2,209,625,914 35.6 (March). Generating 527 55.8 $1,234,329,369 Volume first mortgage 40.4 299 29.8 Volume (February). 37/s% 4(4%. promissory $11,100,000 (April), & of Percent of first 494 43.1 $1,004,814,054 $1,405,995,457 $2,410,809,511 Percent of (March). Co. Generating Co. first 33/4% 1, 1981, $300,000 470 36.6 231 37.9 Volume 1953-1970, 249 41.9 $1,350,458,924 $1,425,070,204 $2,775,529,128 Percent of total volume 1948—Number promissory notes due July 1, Total Yea* Last 6 Mos. 31.3 Volume (January). Electrc FINANCING $1,323,493,437 $1,823,381,851 $3,146,875)288 Percent of total volume $225,000 is 31.2 issues of Volume $1,500,000 1968, due 1937 195 Percent of total volume due since $1,281,826,220 Percent of total volume 1952—Number promissory mortgage (February). placements 1st 6 Mos. 3%% $418,577,500 $728,557,500 30.7 35.3 33.2 Percent of total volume . Works 1963, Corp. 3%% $425,000 (May), first mortgage bonds, of Issues 127 51 76 $229,828,780 Volume series B, $450,683,000 $680,511,780 33.8 30.8 31.8 Percent of total volume bonds, Oil series Pipe B, Line due 4% Co. April 1, first 1972, mortgage $11,600,000 and 1937—Number collateral of . 64 53 117 $305,991,000 $150,311,094 $456,302,094 17.1 23.3 18.7 Issues Volume (March). Fixture Corp. 15-year 4.50% (February). promissory notes due Feb. 1, 1968, (Continued 1959- compared note due March with $2,478,550,419 for the mortgage bonds due 1970, bonds, on page 8) we present tabulation a of $2,601,740,743 for the first six 1953 months of municipal financing by months since January 1951: , 1, due 1964, 41/2%-5(/2% first mortgage through Nov. 1, 1962, $4,000,000 OF MUNICIPAL FIGURES -1953- $1,000,000 series D, for Half-Year period last year. same SUMMARY $ ■ January February Total $ $ 365,219,400 2,180,965 419,668,740 March 4,938,750 BY MONTHS 1951 1952 Refunding 385,672,408 New Capital Refunding Total New Capital Refunding tB Total $ $ $ $ S 390,611,158 348,674,310 221,100,904 569,775,214 153,524.409 19,394,000 172,918,409 367,400,365 285,406,211 7,938,205 293,344,416 181,216,934 3,496,500 184,713,434 167.914,060 437,883,640 143,907,216 4,185,900 148,093,116 157,686,060 23,648,290 346,904,800 452,107,913 1,937,211 454,045,124 647,165,350 375,903,215 11,276,530 387,179,745 228,498,911 407,213,400 10,228,000 3,569,000 4,436,904 232,067,911 1,936,400 392,874,650 June 18,214,900 323,256,510 645,228,950 - Corp. 1953 1982, 1977, 1, (May). Below promissory sinking fund debentures due July 1, 1, $20,000,000 Electrical Long-term financing by States and municipalities aggregated as Transport Nov. Co. Volume Electric Chemical Anril_, Suburban bonds, May (March). $1,750,000 1973, (May). & class of Volume New Capital Carbide 1, 1, 1973, 1, June promissory notes due Jan. Michigan Gas & Electric Co. first mortgage 4l/4% May 1, 1933, $750,000 (May). Milwaukee fund bonds promissory (Chicago, $3,400,000 April trust (March). first Jan. Jan. due . fund 4'/2% pre¬ $1,500,000 (June). due note $1,400,000 Percent of total volume sinking $2,500,000 Co. due Municipal Financing 4(4% serial inclusive, Power Water 1938—Number (June). Gas due (June). Haute due 1, 1968, sinking fund debentures due 4%% Westinghouse Electric Corp. 3 '/2 % $50,000,000 (March). i (January). Midwest notes 4(/2% mortgage convertible (May). 1973, 1, due May notes debentures due Jan. promissory Merritt-Chapman & Scott Corp. 1963,, $4,500,000 (March). MidSouth Jan. (January). 20-year 20-year inclusive, 1963, 5% Inc. promissory notes due annually inclusive, $500,000 (March). Co. 1977, note debentures (March). $12,500,000 Mercantile due 4(4% 1968, notes sinking and 3% % Corp. Trans-Mountain Basket Jan. promissory notes $1,500,000 (Calif.) $1,000,000 Weston $3,000,- Terre Products, 1, & 1978, Washington $1,500,000 May (formerly Colorado Steel 4% first first Superior Steel Coip. (nar $1001, with due (January). Basket inclusive, 3%% Inc. Co., Volume first promissory note due Feb. Inc. Co., 37/a% fund 37/8% Superior Steel Corp. 4(4% Automotive $1,500,- (June). (February). Maremont 1968, mortgage sinking fund promissory first Co. Co. Carolina 500,000 4% Co. Propane Gas Corp. 1968, $2,000,000 (May). 1, dated notes mortgage Percent of total volume $1,250,000 preferred stock (February). Sessions Co. 1, Woolworth Corp. Co. Co. $5,400,000 bonds, $20), mortgage and collateral 1973, $15,000,000 (April). Chemical & Electric 1950—Number inclusive, due 3%% (January). 2,670 shares Washington bonds Spring Valley Water Works & Supply Co. 30-year first mortgage 3 V2 % i mortgage bonds, 1980, 4% promissory 3.85% Suburban first 1, Co. due April $14,500,000 Lamson bonds (April). shares of 6% Sept. 5(4% note Sunset-McKee Aluminum 1976, mortgage sinking fund $3,000,000 33/4% Co. 1, due notes due Sper.cer (February). and due 1953 Interprovincial Kaiser 50,000 10-year promissory Carolina Stratton Co., Ltd. $1,000,000 mortgage 1955-1968, 1, notes promissory 5'/2% 500,000 1977, $4,550,- 1, (March). Gas March first Co., Ltd. 45,000 shares of 6% Gas (par $20), Indiana 4V4% warrants), first May 5% So' thwpstem debentures due Sept. 4(4% Volume 080,000 share . (with to 4% Carolina South common per to $4,000,000 promissory Co. 1954-1963, 1, 1945—Number subordinated warrants due Corp. Carolina 1979, due (June). (Alexander), Inc. 3%% South 1, March May Corp. Water bends 3'/4% due Acceptance Co. Oct. due notes (April). Acceptance inclusive, 4% note inclusive, 33/4% Warner-Hudnut, Inc. 4(4% , $1,000,000 (June). pre¬ (February). Sheridan Smith due Nov. 1 B, cumulative (April). Finance bonds due July 6% Inc. Electric 1, Silex cumulative promissory notes due quarterly from 1973, 1, Sea Food Co., Inc. 4.30% (March). Inc. Virginia A Co. Electric $939,000 ser/es mortagge bonds, shares of 4 % % notes Inc. sinking Co. (January). (January). Feb. 6030 in¬ bonds 1958-1968, $4.50 of (April). 1962, (March). ; l, due (April). due (April). fund ,, notes debentures (May). bonds, bonds cumulative Vectxon, (January). $18,000,000 15, June (January). $1,500,000 1, (March). face Honolulu Macy 3.95% 4>4% first Co. Hoberg Paper Mills, Inc. 000 due notes Tobacco Yale & Towne Sons Steel Electric $3,000,000 1, shares (March). mortgage Co. 37/e% Co. Corp. (January). Finance Van Camp (May). Electric Seaboard (May). 4'/4% Paper purchase Hartford May (June). Mines, to Scranton (March). Hackensack Water Co. up Sangamo (March). Northern stock 1, Seymour Co. Co. 4%% Steel $5,000,000 Great Kentucky promissory (February). $3,000,000 Electric (April). (June). subordinated 3%% $3,500,000 Granite promissory due Nov. 1, (Marchi. Rotary due (par $5), $187,- $3,000,000 promissory 3%% 4J/2'% first Sugar $8,000,000 Universal 1983, Wilcox 15-year Securities of Co. Granite City Steel 1967, 1, March due notes due (April). mortgage (January). H.) Union due first mortgage bonds notes 3%% Controls notes stock (January). $10,000,000 serial 30-year 4% Rubber States 1968, bonds 3V2% 30-year 33/4% serial Corp. (John Securities Sept. 1, 1973, $6,300,000 Grand March $1,500,000 promissory 4% 4% Corp. Telephone Directory Glatfelter notes notes, (April). (February). Corp. 30,000 $3,105,000 par), Co. to April 1957 United States serially from April 1, sinking fund debentures, series (May). 6% Co., promissory capital (March). Scranton Corp. of Co. $2,000,000 General 33/4% $165,000,000 Acceptance 1973, $3,000,000 (May). General promissory capital due (June). Plywood 375,000 Acceptance 1973, 3 V2 % 15-year 5 V2 % Motors 1983, due United 1978, due $24,000,000 (June). Roebling's (May). Corp. Acceptance $23,790,000 (May). 1970 notes bonds (January). America of $4,000,000 Corp. Motors 1965, promissory notes $225,000 Mexico Production $2,000,000 Roddis cer¬ (February). Aniline General Haile 3 V2 % Corp. mortgage first mortgage 4Va% $1,000,000 (June). 5% 65,000 $6,500,000 America Robertshaw-Fulton due note trust first (April). Oil 500,000 Corp. Inc. New Co. $700,000 1983, 1, United States 1983, 1, Richfield (June). Transportation series (with 1, mortgage bonds due Jan. due 25-year 4%% $100), of Co. of Corp. 1966, Corp. $4,000,000 American tificates, 33/4 % loan (par Creek Radio (June). Enterprises, interest bonds $18,000,000 Corp. Quinto 1968, 1, first mortgage March Co. Condenser 1963, 4 %>% Inc. 3.85% $5,000,000 $2,500,000 $10,000,000 Froedert July first mortgage 1973, (April). (February). Dairies, $10,000,000 stock $10,000,000 4% 1, (May). Radio • (March). Florida Telephone Corp. 3.80% Colorado of America of (no United States Envelope Jan. due 1978, Condenser 000 50,000 $100), $5,000,000 Public Utilities 4%% Co. inclusive, Service, 100-year of (May). mortgage 1963, Co. Service 1982, Co. stock due (June). Service due Power 1, shares United Specialties $4,300,000 first 3%% (January). 12,500 debentures, series 20-year promissory notes Co. Gas 1, Rope Corp. Biscuit ferred subordinated Corp. $100,000,000 (May). United debentures (March). Finance ferred stock common sinking fund July Telephone Co. $250,000 (January). (April). Florida April Wire Carbon & 2051, 1, 500 3%% (April). 4% % Carbide $25,000,000 Inc. due April (par $100), preferred stock Corp. (June). Co., to Public 4.40% (May). Rico 1957- due note $500,000 preferred Union (April). Pittsburgh Coke & Chemical Co. 3y2% 1964, $1,000,000 (February). bonds (May). 100,000 Co. Public Service $25,000,000 first Co. $3,000,000 Union (February). Gas Pennsylvania Power & Light Co. due note & Acceptance Corp. ■ 5Va% Natural Iron due bonds Nov. of (February). Northwestern bonds mortgage Corp. 51,500 shares $5,150,000 Electric Gas $12,000,000 Fisher Brown Co., Inc. 800 shares of '■ fund (May). Co. Penn Illinois"4%first of 1991, $5,000,000 1, American North bonds " Products Co. sinking mortgage first mortgage Products inclusive, $200,000 first Instrument $175,000 Federal Loan pipeline $100), State $2,300,000 ' & 1965, Electric 1963, 3%% 1963, $2,250,000 Feb. Federal Co. Inc. 3%% Camera May 15, mortgage (February). (February). Fairchild first 4V2 % (April). 5% Gas $15,000,000 Electric Energy, 000 Co. 10-year first mortgage $300,000 (January). 1962, Natural 1968, Gas 1969, $4,000,000 Softener due El 1, Co. (January). Electric & Gas due 1963, $550,000 A, Tennessee due (par Dec. North $3,800,000 State York New $2,000,000 1971, Storage $3,000,000 York New (June). Eagle-Picher Gas 1972, 3.20% T (1771) 18,900,780 411,775,430 614,932,804 11,180,000 626,112,804 279,816,932 2,914,011 282,730,943 2,531,920,653 69,820,085 2,601,740,743 2,220,931,669 257,618,750 2,478,550,419 1.407,956,646 226,673,617 318,936,418 411,650,304 (January). Minnesota bonds, Total Valley second Natural Gas 1968 series, Co. first $600,000 mortgage 4(/2%> sinking 1st 6 months fund (May). — July 44,038,415 1,451,995,061 Loan $1,000,000 Moore Society Morton promissory notes due 1, 1955-1963, 1,803,600 320,740,018 due S.), May Inc. 6% 1, 1363, convertible $200,000 Packing Co. 25,000 shares of sinking fund subordinated ( June). common stock (par $1), $175,000 August 202,948,600 210,383,813 150,581,908 841,000 151,422,908 436,980,735 2,395,600 439,376,335 264,730,210 4,185,000 268,915,210 304,986,240 3,749,000 308,735,240 368,114,910 17,863,200 385,978,110 November 179,231,260 48,609,000 227,840,260 301,595,200 393,847.906 9,115,600 402,963,506 297,470,200 276,119,215 4,125,000 December May (May). (William debentures 4%% September October Monroe 2,475,000 7.435,218 19,409,835 295,529,050 224,198,617 Total 2nd 6 months (April)/ National 000 Gypsum Co. 33/4% promissory notes due July 1, 1.977, $3,500,- (January). Total 12 months •Revised figures. "I—III 1,742,193,358 73,779,418 1,815,972,776 1,675,952,861 48,227,635 1,428,651,446 ZZIZI 3.963,125,027 331,398,168 4,294,523,195 3.083,909,507 92,266,050 3,176,175,557 - $ Financing Issues Not Representing New Gas Placed amount. occasion that owners of large blocks of securities which have been outstanding for some time, happens on desiring to liquidate all or part of their holdings, prefer to do so by making a public offering of the securities Life Likewise some public utility holding companies com¬ plying with the Utility Holding Company Act dispose of their holdings of subsidiary companies through public offerings. Similarly "special offerings" on the several stock exchanges are included with the secondary offer¬ ings in our totals since 1942. Of course the companies involved are receive of part no the June s NEW S January 24,437,189 S Inc; A. & I. $ 25,010,104 February 20,944,488 36,275,734 24,674,494 24,442,067 & 64,074,568 22,818,254 65,612,548 32,565,113 48,971,104 32.288,324 44,216,600 28,562,947 10,373,126 28,869,867 55,433,608 15,696,485 June 24,733,582 25,654,929 21,346,188 51,670,355 29,300,280 154,075,474'211,611,641 151,924,399 266,385,282 170,072,608 9,783.161 Haupt 23.751.732 29,082,761 24,020,057 24,688,344 6,662,745 15,882,167 13,435,865 19,195,618 26,783,641 37,214,340 October 66,580,085 21.944,601 39,098,263 66,724,136 November 21,413.265 36,607,693 16,740,493 34,116,548 11.334.733 due 25,185,622 loans December 24,790,489 35,549,839 140,000,000 Northern Co.; 151,246,302 133,184,851 180,092,730 191,639,673 Details of New During June, 1953 Bonds Later (Issues Maturing Notes and Five Than Years) RAILROAD & *$2,022,000 Atlantic series and Line Coast C. due additions. 4'A7* RR. Juiv 19^2, 1, Price, general Purpose, at and par mortgage bonds, for improvements accrued interest. Co., J3,000,000 Chesapeake due from & Halsey, Stuart others. and Securities 1954 1, to July according to to Offered Jl,170,000 Chicago, St. Paul, Minneapolis & Omaha Ry. 4 V2 % equip¬ ment trust certificates, due annually July 1, 1954 to 1968, from Purpose, 3.50% by Halsey, 13,150,000 New York, trust Chicago certificates from to to St. for according Co. & RR. July 3%% equipment 1954 to 1968, Price, to yield maturity. Offered 15, equipment. new 3.75%, Stuart Louis annually Inc. to and Wm. Pollock E. series Pacific JJ, bonds, and & Freeman Williams Michigan Corp.; & son Co. trust Co.; & Co.; Co.; & E. Hutton F. Gregory & Son Mullaney, Wells Pollock E. Wm. Co. Co., Co.; and S. F. PUBLIC 1, & G. Purpose, and Pierce, Co. & for accrued Fenner Becker 4'/4% Co. & mortgage construction Interest. Offered Union Beane; Inc.; first Eastman, bonds Dillon Corp; certificates, trust William Mutual Co.; & Weeden and Sills, Co.; Co. & Fairman 35,000 Sunday's Shields Inc.; & Co.; Shelby Harris, 57c Co. Water & F. Smithers S. Cullom Davis & Co, mortgage bentures natural Phillipsburg, of due bonds due Dec. 1, Price, 1962, 102.239% Halsey, Stuart <te Ball. Co.; & and Co. N. 4 >4 7* J. Purpose, of July for 10-year conversion of Iowa Green, Bruce 1, Hirsch Bache interest. & Co.; Offered Baker, by Weeks Inc.; Northwest Peters, Writer & Co.. Inc.; Rothschild & Schwabaoher & Co.; & Co.; Yantis 298,000 Fort Myers ments. of & Beach Inc.; $1) 1, Purpose, by in 4V'b% to Price, Co.; Stroud Wertheim Inc.; & & F. L. Pomeroy, Inc.; F. S. S-*'thers Co.; Co., Thomas and S. F. expansion and improve¬ Offered by Goodbody mortgage bank loans 101.295% Halsey. for first repay and bonds and accrued due for & Co. June 1, new & Co.; Oversubscribed. Chemical 4V4% Co, corporate notes. Purpose, for privately with an in¬ 15-year Placed purposes. through investor Jackson Webber, Paine, ^ & Curtis. due April 1, 1963. Placed privately *3,450,000 Combined Purpose, for general corporate purposes. through Lake Michigan Mortgage Co. 4'/4% Co. Paper Locks promissory notes due , 1, 000) and vately The to Equitable Life Assurance *1,000,000 Compo Mutual Life Insurance of Iowa and Central Connecticut Co. Insurance Co., Life Co. Shoe Corp. Machinery notes due June 1, 4'%% promissory 12-year Purpose, for working capital. 1954-1965. Placed privately through Loewi & Co. with Equitable Life Assurance Society of the United States. *5,000,000 Davison 1. Chemical 1967. Purpose, Metropolitan *2,000,000 Dixie Life Co. promissory 3.95'/* expansion. for Insurance Placed due privately note May with Co. Cup Co. 3%7* promissory .notes due Nov. 1, 1971. for expansion and working capital. Placed pri¬ interest. Of¬ with vately Prudential 250,009 Duggan's Distillers Insurance Products Corp. America. of Co. 67* 10-year convertible income debentures due July 15, shares of stock cumulative 1963 and 50,00o 10 cents) in units of $100 of debentures and 20 shares of stock. Purpose, for working capital, Co., common etc. Price, at (par $100 per unit. Offered by Eaton 6c J. Co.; Yarnall tures & 1968. Purpose, ance Inc. Co. of 4'%% refunding ($4,500,000). Sold 1, note due for May 1, working Insur¬ and Prudential to 4% promissory notes due Oct. Purpose, to repay bank loans and for expansion. privately to four life insurance companies. 1974. Hemphill, Noyes <Ss & Co.; Hill Richards 30-year 3.85% sinking fund deben¬ 1, 1983. Purpose, for expansion and Sold privately to institutional investors Corp. June capital. through Kuhn, Loeb & Co. $187,598,500 America. *15,000,000 Great Northern Paper Co. Sold promissory ($5,500,000) privately Co.; Oversubscribed. Co. Oil due working capital & Moreland; L. F. Rothschild 6c Co.; Salomon Bros. 6s Schoellkopf, Hutton & Pomeroy, Inc.; Schwabacher & Co.; Scott, Horner & Mason, Inc.; Scott & Stringfellow; Clias. W. Scranton & Co.; Shearson, Hammill & Co.; Shields 6c Co.; Shuman, Agnew & Co.; Silberberg 6c Co.; Sills, Fairman 6c Harris, Inc.; Singer, Deane 6s Scribner; Smith, Barney & Co.; Smith, Moore 6c Co.; William R. Staats 6c Co.; Starkweather & Co.; Stein Bros. 6c Boyce; Stern Brothers & Co.; Stetson Securities Corp.; Stifel, Nicolaus 6c Co. Inc.; Stix 6c Co.; Stockton Broome & Co.; Stone & Webster Securities Corp.; Straus, Blosser & McDowell; Stroud & Co., Inc.; Sutro & Co.; Swiss American Corp.; Talmage & Co.; Thomas & Co.; Spencer Trask 8c Co.; Tucker, Anthony Sc Co.; Underwood, Neuhaus & Co.; Union Securities Corp.; Van Alstyne, Noel & Co.; Wagenseller & Durst, Inc.; G. H. Walker & Co.; Watling, Lerchen & Co.; Wertheim & Co.; Westhelmer and Co.; J. C. Wheat & Co.; White. Weld & Co.; Dean Witter & Co.; Harold W. Wood & Co.; Wood Struthers & Co.; Woodard-Elwood & Co.; Wurts Dulles & Co., and *24,000,000 Rfchfleld Inc. *10,000,000 Foremost Dairies, Stone E. J. Hutzler; 1954-1969, inclusive. Purpose, refunding ($2,450,for expansion program ($1,000,000). Sold pri¬ July ! first mortgage sinking fund bonds (C. P.) & Co. 5% *500,000 Clare con¬ Stuart & Co. Inc.: Courts & Co.; Ira The Illinois Co.; Mullaney, Wells & Co.; Schoellkopf, Hutton & Pomeroy, Inc.; Stern Brothers A* Co.; Stifel, Nicolaus & Co., Inc.; Stroud & Co., Inc.; Stubbs. Smith & Lombardo, Inc., and Thomas & Co. Haupt Co. & Purpose, Works, Inc. 5%% first mort¬ 1968, and 2,980 shares of com¬ units of $1,000 of bonds and 10 Purpose, Co. & Water May (par & Co. Co., Hutton Stringfellow; Oversubscribed. Price, $985 per unit. struction. fered Brothers Inc. stock. Power 1283. Co.; Scott & due bonds stock 17,000,000 Gulf Robinson-Humphrey Schoellkopf, & Co. mon shares The Stern gage & Petterson, Copeland & Kendall, Christensen, Inc.; Wm. E. Pollock Co.; Weeden Sc Co.; Loeb MANUFACTURING AND Cyanamid Co. 3% 7* promissory notes due Jan. lor expansion and working capital. Soli, to 18 institutional investors through White, stitutional Fauset, Steele & Co.; First Folger, Nolan Inc.; Freeman & Co.; Anderson; Ira Haupt & Co.; Heller, Hemphill, Noyes Sc Co.; H. Hentz & Co.; Co.; The Illinois Co.; Kean, Taylor & Co.; Wells Sc Co.; New York Hanseatic Corp.; Sc Kuhn, Co. & general Kraus; Co.) Mullaney, through new Purpose, 1987. Weld Merle-Smith; Corp.; Ellis & & Pacific <fc construct to INDUSTRIAL privately to t Dick Co.; America *$6,470,000 American de¬ Baxter, Williams & Co.; William Blair & Co.; Blair, Rollins & Co., Inc.; Cen¬ tral Republic Co. (Inc.); City Securities Corp.; Coffin & Burr, Inc.; Cooley & Co.; Courts & Co.; Davenport & with Metropolitan Life Insurance Co., Northwestern Life Insurance Co. and Prudential Insurance Co. *750,000 Ansul accrued Inc.; & Burge pri¬ Purpose, OTHER 125,000,000 Consolidated Gas Electric L'ght & Power Co. of Baltimore 37/s% first refunding mortgage sinking fund bonds, series Y, due June 1, 1983. Purpose, for new "nnstruction. Placed equipment. 1973. Co. Placed privately. gas. MANUFACTURERS Transportation Corp. 3.807* equipment series 52, due Sept. 1, 1953 to June 1, Inc. first 1973. Purpose, refunding ($25,000) and for expansion ($10,000). Price, at par. Offered by Graham & Co. Gas ■ vately & 1, *100,000 City American *$3,250,000 General Kid¬ der, Peabody & Co.; Laurence M. Marks & Co.; Salomon Bros. & Hutzler; Schoellkopf, Hutton & Pomeroy, Inc.; Blair 4% sinking fund debentures bank loans. Placed pri¬ & Co. and associates Peabody investors. EQUIPMENT Merrill Hayden, Co.; H. Hentz & Co.; Henry Herrman Hilliard & Son; Hirsch & Co.; J. A. Hogle 6c Co.; Hooker & Fay; Hornblower & Weeks; How¬ ard, Weil, Laboaisse, Friedrichs <fc Co.; Hulme, Applegate 6c Humphrey, Inc.; E. F. Hutton & Co.; W. E. Hutton St Co.; The Illinois Co.; Indianapolis Bond and Share Corp.; Janney 6c Co.; Jenks, Kirkland 6: Grubbs; Johnson, Lane, Space and Co., Inc.; Johnston, Lemon &c Co.; T. H. Jones 6c Co.; Kaiser 6c Co.; Kalman 6c Co., Inc.; Kay, Richards & Co.; A. M. Kidder & Co.; Kidder. Peabody 6c Co.; Kirk¬ patrick-Pettis Co.; Kuhn, Loeb & Co.; Ladenburg, Thal¬ mann & Co.; Laird & Co.; Laird, Bissell & Meeds; W. C. Langley & Co.; Lazard Freres 6c Co.; Lee Higginson Corp.; John C. Legg 6c Co.; Lehman Brothers; Lester, Ryons & Co.; Carl M. Loeb, Rhoades & Co.; Irvinjg Lundborg 6s Co.; Laurence M. Marks 6c Co.; Mason, Hagan Inc.; A. E. Masten Sc Co.; McCormick & Co.; McDonald & Co.; Carl McGlone 6c Co., Inc.; McJunkin, Patton & Co.; McKelvy & Co.; Mead, Miller & Co.; Merrill Lynch, Pierce, Fenner 6c Beane; Merrill, Turben & Co.; The Milkaukee Co.; Mitchum, Tully & Co.; Moore, Leonard & Lynch; Morgan Stanley & Co.; F. S. Moseley 6c Co.; Mullaney, Wells 6s Co.; W. H. Ne.wbold's Son & Co.; Newburger & Co.; Newhard, Cook & Co.; The Ohio Co.; Pacific Northwest Co.; Paine, Webber, Jackson & Curtis; Peters, Writer & Christensen, Inc.; Piner, Jaffrev ^ H"r>wo'"+' Pr?scott Sheoard & Co., Inc.; R. W. Pressprich & Co.; Putnam & Co.; Quail 6c Co.; Raffensperger, Hughes <1: Co., inc.; Rausener, Pierce 6c Co., Inc.; Reinholdt & Gardiner; Reynolds 6s Co.; Riter & Co.; The Robinson-Humphrey Co., Inc;. Rod¬ man & Linn; Wm. C. Roney & Co.; Rotan, Mosle and 6c $222,653,100 Co.; & & Co.; program. by Securities Co., &c Miller ($3,500,000) repay Kidder, institutional with UTILITIES Light 1983. 101.367c Lynch, A. Power to Purpose, through & Evans first mortgage bonds and to re¬ investors 37/8% Co. refunding Power Co. Water 1978. vately Price, Water Power *18,000,000 Washington June Co.; Elkins, Morris & Co.; Elworthy & Co.; Securities Corp.; Estabrook & Co.; Clement A. Inc.; Fahey, Clark & Co.; Farwell, Chap¬ man 6c Co.; Fauset, Steele & Co.; Ferris & Company; Field, Richards 6c Co.; The First Cleveland Corp.; First of Michigan Corp.; First Southwest Co.; Folger, Nolan Inc.; Foster 6c Marshall; Fulton, Reid & Co.; Robert Garretk 6c Sons; Glore, Forgan & Co.; Goldman, Sachs & Co.; Croodbody & Co.; Goodwyn 6c Olds; Granbery, Marache 6c Co.; Green, Ellis & Anderson; Hallgarten & Co.; Hallowell, Sulzberger 6c Co.; Halsey, Stuart & Co. Inc.; Harrl¬ man Ripley & Co., Inc.; Harris, Kali <fc Co. (Inc.); Hayden, Dil(on Co. Purpose, Allyn & Co., C. Equitable & due due mortgage bonds privately with 6c Webster Stone bank loans ($6,500,000). Sold to private through Kidder, Peabody & Co. and associates. Hutchin¬ Yantis A. Peabody 1983. por-, underwritten by The First Boston Corp.; Inc.; Ames, Emerich & Co., Inc.; Ar¬ thurs, Lestrange & Co.; Auchincloss, Parker Sc Redpath; Bache Sc Co.; Bacon, Whipple & Co.; Robert W. Baird & Co., Inc.; Baker, Watts Sc Co.; Baker, Weeks & Co.; Ball, Burge Sc Kraus; Barret, Fitch, North Sc Co.; J. Earth & Co.; Bateman, Eichler & Co.; Baxter, Williams & Co.; A. G. Becker Sc Co. Inc.; Biddle, Whelen Sc Co.; Bing¬ ham, Walter & Hurry, Inc.; Bioren & Co.; William Blair & Co.; Blair, Rollins & Co. Inc.; Blunt Ellis & Simmons; Blyth & Co., Inc.; Boettclier and Company; Bosworth. Sullivan & Co., Inc.; J. C. Bradford & Co.; Alex. Brown 6c Sons; Brown, Lisle & Marshall; Brush, Slocuinb & Co., Inc.; Burnham and Company; Butcher & Sherrerd; H. M. Byllesby & Co. (Inc.); Central Republic Co. (Inc.); Chact, Whiteside, West &c Winslow, Inc.; Chaplin & Co.; City Securities Corp.; E. W. Clark & Co.; Clark, Dodge & Co.; Richard W. Clarke Corp.; Coffin & Burr, Inc.; Julien Collins & Co.; Cooley & Company; Courts & Co.; Crowell. Weedon &c Co.; Cruttenden & Co.; Curtiss, House & Co.; J. M. Dain & Co.; Dallas Unioh Securities Co.; Paul H. Davis 6c Co.; Davis, Skaggs & Co.; R. L. Day & Co.; DeHaven & Townsend, Crouter & Bodine; Dempsey-Tegeler & Co.; Dick & Merle-Smith; R. S. Dickson & Co., Inc.; Dillon, Read & Co. Inc.; Dominick & Dominick; Doollttla 6c Co.; Drexel & Co.; Francis I. duPont 6c Co.; Eastman, ($16,342,800) tion 1, 1973. Purpose construction. Price, pay , 1618,000,000 Arkansas debentures du« capital for 162,098,500 Phillips Petroleum Co. 3.707* sinking fund June 1, 1983. Purpose, to repay bank loans and for improvements. Price, at par. Offered by company subscription by common stockholders. Unsubscribed subscribed. due due Juns expansion. Cosdcn Petroleum Corp. 4V?7* promissory notes 15, 1963. Purpose, to repay bank loans and for Sold privately to Penn Mutual Life Insurance Co. Gas *10,000,000 Washington of Inc. 617,787,000 OIL *$1,500,000 101.817% and accrued interest. Offered by 6c Co.; White, Weld 6c Co.; Central (Inc.); Coffin & Burr, Inc.; W. E. Hutton & Co.; Schoellkopf, Hutton & Pomeroy, Inc.; Courts & Co.; The Milwaukee Co., and Julien Collins & Co. Over¬ Inc.; First McMaster Inc.; & & & Co. $76,151,200 4'/a% Co, Gas 1, 1969- insurance Price, Republic certificates, annually July 1, 1954 to 1968, inclusive. new equipment. Price, to yield from 3.10% according to maturity. Offered by Halsey, Co. Inc.; L. F. Rothschild & Co.; Blair, Rollins Inc.; Baxter, to 000). due 6c Co. equipment Purpose, three June new promissory notes due May expansion, etc. Placed privately with companies through Goldman, Sachs A and Fulton, Reid & Co. for 1970. Light Co. 47/8% refunding mortgage due June 15, 1978. Purpose, refunding ($220,000) repay bank loans for new construction ($6,780,- 17,000,000 Washington for 3.75%, Stuart 3%% Co. due for and Kidder, Purpose, & yield Offered Price, maturity. to Inc. 18,445,000 Southern to equipment. new & due Purpose, 3.10% Halsey, Co., for 4.50%, according & Co. Inc. Stuart inclusive. by to Placed through 414% promissory notes inclusive. Purpose, to reduce bank to Prudential Insurance Co. of America. convertible sinking fund to repay bank 1007* of prin¬ cipal amount. Offered by company for subscription by stockholders. Unsubscribed portion ($11,021,800) un¬ derwritten by Halsey, Stuart & Co, Inc.; Bache & Co.; Baxter, Williams & Co.; Bear, Stearns 6c Co.; Blunt Ellis & Simmons; Courts & Co.; Freeman 6c Co.; Gregory & Son, Inc.; Harris, Hall 6c Co. (Inc.); H. Hentz 6c Co.; Johnston, Lemon & Co.; Ladenburg Thalmann 6c Co.; Marx Sc Co.; Mullaney, Wells 6c Co.; New York Hanseatic Corp.; The Ohio Company; Wm. E. Pollock 6c Co., Inc.; L. F. Rothschild 6c Co.; Salomon Bros. 6c Hutzler; Chas. W. 3cranton & Co.; Shearson, Hammill & Co.; Stroud & Co., Inc., and Van Alstyne, Noel & Co. Books closed. loans Inc. inclusive. investors privately *2,000,000 Whirlpool Corp. 4%% Corp. Natural debentures 1958, yield 1, Price, maturity. equipment. new first 3.85'% Co. refunding. Purpose, 1, 1967-1969, Sold loans. & Co.; Alex. Brown Baird & Co., Inc.; W. Gas Natural institutional 34,220,100 Southern & Co. Inc.; R. W. Pressprich 6c Co.; Co., Inc.; Freeman & Co., and Gregory Pollock 6c E. Son, Co., Weeks Robert Co.; 1978. seven equipment trust certificates Jan. for 3.75%, to Insurance 3% 7* from Purpose, 2.90% Wm. Life Ohio Ry. & semi-annually inclusive. by Mutual Allyn Inc, Electrical Instrument Corp. June due & Barney C. A. Co., Inc.; Drexel & Ripley & Co., Inc.; & Co.; Stone 6c Web¬ 6c Co., Inc.; Hemphill, Co., & Weston Co. due privately with Metropolitan Life Insurance Co.; The Equitable Life Assurance Society of the United States; Hancock stadt *1,000,000 Harrlman Smith, Corp.; sinking fund debentures to repay bank 1027* and ac¬ Purpose, Price, Blyth by Co.; & Baker, Inc.; & *12,000,000 Oklahoma Placed John *1,000,000 Warner-Hudnut, Inc. 414% 20-year promissory notes due June 1, 1972. Purpose, for expansion and working capital. Sold privately to Metropolitan Life Insurance Co. and Northwestern Mutual Life Insurance Co. through F. Eber- & Sons; First of Michigan Corp.; Henry Herrman 6c Co.; Shearson, Hammill & Co.; Stern Brothers & Co.; Swiss American Corp.; J. J. B. Hilliard 6c Son; McCormick & Co.; Newhard, Cook 6c Co.; Lee W. Carroll <fc Co.; Kalman & Co., Inc.; Kirkpatrick-Pettis Co.; Pacific Northwest Co., and Quail & Riter Long-Term 4Vi'/o Co. construction. Offered Brothers; Co). due inclusive. & Co., Inc.; Corp.; Courts Noyes & Co.; Hornblower & Weeks; F. S. Moseley & Co.; G. H. Walker & Co.; Dominick & Dominick; Weeden Capital Flotations 6c debentures du« Chicago Electric loan and for working capital. (Wertheim & Co. and Burnhain *4,000,000 United States Envelope Co. 37/8% promissory notes quarterly lrom July 1, 1957 to April 1, 1973, Purpose, for expansion. Placed privately with Massa¬ chusetts Mutual Life Insurance Co. Bruce inclusive. Forgan Securities ster 403,251,314 303,171,201 399,570,133 350,165,338 Gas new interest. Glore, Lehman Tot. cal. yr. for privately 1, 1966. Co., to repay bank Sold to private investors Patterson, Copeland & Kendall, 1973, 1, and promissory notes due May 5'/2% convertible subordinated Purpose, to acquire stock of Co. Silex Ladenburg, Co.; Natural Nov. crued Tot. 6 mos. Helier, Co.; Wells & Co.; 25,577,853 ____ & Taylor & September July Rollins Securities Clayton & Co.; Kaiser & Co.; Thalmann & Co.; Mul¬ Inc.; Peters, Writer & Christensen, Inc.; B. W. Pizzini & Co., Inc.; Wm. E. Pollock & Co., Inc.; Raffensperger, Hughes & Co.. Inc.; The Robinson-Humphrev Co., Inc.: L. F. Rothschild & Co.; Salomon Bros. & Hutzler; Schoellkopf, Hutton & Pomeroy, Inc.; Scott 6c Stringfellow; Shearson. Hammill & Co.; Shields & Company; Stifel, Nicolaus & Co., Inc.; Walter Stokes & Co.; Swiss American Corp.; Thomas & Co.; Van Alstyne, Noel & Co.; Weedon & Co., Inc., and Wertheim & Co. Oversubscribed. 64.298.510 May Blair, Inc.; Co.; laney, 20,315,178 April Co., Corp. of America 33/4% Mfg. & Kean, 6,902,646 22,832,155 August & Blair DeHaven without underwriting. public, June Townsend, Crouter & Bodine; Dick Merle-Smith; R. S. Dickson & Co., Inc.; Francis duPont & Co.; Freeman & Co.; Gregory & Son, Inc.; Ira 33.559.509 March *939,000 E. Becker G. Co.; stock (par 1977. Purpose, for working capital. Placed with institutional investors through Lehman Brothers. Halsey, Stuart & Co. Inc.; Gregory & Son, Pollock & Co., Inc., and Thomas & Co. by Wm. debentures and two shares of Price, $102 per unit Offered by company 1, 3%% refunding mortgage bonds, series G, due July 1, 1984. Purpose, to repay bank loans. Price, 102.65% and accrued interest. Offered by Halsey, Stuart & Co. Inc.; Allison-Williams Co.; Aspden, Robin¬ son & Co.; Auchincloss, Parker 6c Redpath; Baker, Weeks & Co.; Ball. Burge & Kraus; Bear, Stearns & Co.; 1949 $ 21,927,272 26,262,180 to *10,000,000 Radio 135,000,000 New York Telephone Co. & 1950 1983. 1, construction. Offered FIN'AvrT\G 1951 1952 1953 Tot. 6mos. May new in units of $100 of debentures stock. Purpose, for working capital. and accrued interest 011 debentures. Inc. Light Co. 4Vi,% first mortgage bonds Purpose, to repay bank loans and for Price, 101.70% and accrued interest. Jan. due $1) and ' Fibre Products, Inc. 5% sinking fund 1, 1968 and 5,844 shares of common 292,200 Oregon due Union Securities Corp.; Salomon Baxter, Williams Sc Co.; Reynolds & Hutzler; William REPRESENTING bonds mortgage Price, by and Stroud Sc Co., due in the table below: NOT first repayment of bank loans 99/2% and accrued for Life Insurance Co., Assurance Life Sun 4% Massachusetts Mutual Co. Co.; ance investors institutional 15,500,000 New Jersey Power & our ISSUES & Bros. other construction. new Offered Co., Such offerings as these have no compilation of new issues, but we have tabulated them separately for whatever interest they may have on their own account, and present the results in for and with 12 *12,500,000 Mead Corp. 20-year 414% sinking fund notes'due Junf 1, 1973. Purpose, refunding ($9,625,000) and for working capital ($2,8/5,000 >. Sold privately to Normwestern Mu¬ tual Life Insurance Co.; John Hancock Mutual Life Insur¬ Inc. Public Service Co. 1, 1983. Purpose, 17,500,000 Iowa proceeds of the sales. place and Co., interest. securities first mortgage bonds, 1, 1980; principal New England Mutual 3%% Co. privately Co, Insurance through Blyth & involved. whose Water & C, dated March 1, 1953 and due Sept. Purpose, for new construction. Price, 100'% of series 1953 1 vl. *3,000,000 Indiana (Continued from page 7) It Monday, November 9, The Commercial and Financial Chronicle... (1772) •Represents issues placed privately, tlndicates issues sold tlndicates competitively, special offering. Volume 178 Number 5271... The Commercial and Financial Chronicle (1773) LAND, BUILDINGS, ETC. Securities Co.; $215,000 Church of Our Lady of Victory 3(4% to 4% coupon notes due serially June 1, 1955 through June 1, 1963. Purpose, for new construction. Price, 100% and accrued interest. Offered by Keenan Ac Clarey, Inc. R. Drexel & from June 15, 1955-1965, inclusive. Purpose, for new construction.' Price, 100% and accrued interest. Offered by McMahon Ac Hoban, Inc. Catholic 3.25%-4% serial annually from Purpose, for interest. Bishop notes Aug. of The dated 1, Diocese May 1953 of 1953 and 1, 1963. by 5% 15-year Purpose, for working through Ooidman, Sachs & Insurance surance Co. Co., 1,000,000 Aviation due 1, $50) common eight for New 1964 and Life (par of III. semi¬ Jefferson 6% 8,000 Standard In¬ debentures, 6% preferred for 8,000 in units of stock $1,000 a and stock. and parts. 1,600,000 Brandy wine June in 1, units of Purpose, ing and $500 one to shares debenture purchase property, Price, 100% and capital. tures and Laird Securities $2 of debenture, certificates deposit debentures capital stock and 50 shares repay interest of stock. for loans and accrued work¬ for deben¬ Ac 50.000,000 C. I. T. Financial Corp. Purpose, for interest. debentures capital. due Jan. 1, par Price, and Co.; Ac Estabrook Ac Co.; Fulton, Co.; Goldman, Sachs Ac ley Fenner & Ac Co.; Beane; Newhard, The Cook Milwaukee Ac Co.; Co.; The Piper, wood; l Webber, Jackson & Curtis; R. Reinholdt W. Pressprich Co.; Riter Ac Reynolds & Ac Co.; Ac Bros. i Ac Stifel, Ac Co., Inc.; Stroud Ac Spencer Trask Ac Co.; American Wurts *5,000,000 Froedtert loan Dulles Ac Co. Enterprises, (with interest department store Inc. in 20-year of excess and real 4%). estate Purpose, other stores. due note for Ac Insurance Co. of New capital. Placed privately with *200,000 Moore (William subordinated funding. *250,000 Public due S.), debentures Sold to Finance 1962. Offered one or Inc. for private 6% Dec. of 31, Factors I960. Corp. Purpose, principal 5% subordinated for working amount. ture stock j $1) (par at $4 Supermarkets sinking fund debentures due June equipment, and expansion accrued Jeffries Chace. Whiteside, Scranton Ac & 1953 working Underwritten and due Co., June working capital, body & Co. etc. Inc. 1, 4%% Sold Weld Ac Co.; Ac Smithers Ac Price, at York at Ac Ac Co. Wertheim Inc.; stock dated , privately through Kidder, May Ac 7% due loans series B, for and convertible June 15, capital. equipment 1957. trust Purpose, stock F. Agency Issues Banks 3% Offered par. by 1954. Macdonald de¬ Securities Corp.; A. E. & Co., Inc.; Anderson . ;• ] Purpose, G. by Banks 2%% consolidated ' H'i . t. „ o . Brown & Sons; 15, Macdonald G. Newcomb, New 4% and 4(4% Co. water bonds revenue - Republic Winslow, Richard - ; Co., Inc.; Ames, & Hicks; Co. 1958-1983, inclusive. Purpose, for improve¬ by Boettcher Ac Co. and R. H. Moulton Ac Authority E. stocks Cooley & Curtiss, House Ac Co.; stocks of of a no stated par J. M. Dain Ac Co.; Dallas Union The Olds; I (no States stockholders. by Eichler Ac Co.; Company, .J'.;- 4.30% to Inc.; r 'vj. Share Ac Ac A. shares of common Co.; Co.; M. First Corp.; Goldman, Hemphill, Sachs Noyes Kidder Ac Pierce Ac Inc.; wood, Neuhaus Co., Co.; Ac Hattier Ac Sanford; Ac Ac Southwest Co.; Co.; Kidder, Rotan, Co.; Peabody Mosle Union Co.; Harriman Johnston, and Fulton, Ripley Lemon Ac Ac Reid Co., Co.; Ac Co.; Rauscher, Moreland; Under¬ Securities Corp.; White, \^2,932,500 Kansas (par Power & Light Co. $8.75). Simmons; Ac R. Elworthy Staats Ac Co.; 170,000 shares of common stock bank loans and for new construction. Price, $17.25 per share. Underwritten by The First Boston Corp.; Robert W. Baird Ac Co., Inc.; Purpose, to repay Co.; Ac Stroud Ac Corp.; A. Kidder Ac M. Co.; Kiser, Cohn Ac Inc.; Lester, Ryons Ac Co!; McCormick Ac Co.; Cook Ac Co.; Schwabacher Ac Co.; F. S. Smithers Ac Co.; Hooker Ac Fay; The,Illinois Co.; Mackall Ac Coe; J. C. Newsome Ac Co.; Raffensperger, Hughes Ac Co., Inc.; Shuman, Agnew Ac Co., and Sweney Cartwright Ac Co. V / cumulative preferred stock (par $25). for Purpose, new construction. Price, at par and accrued dividends. Under¬ Blyth Ac Co., Inc.; Eastman, Dillon Ac Co.; The written by First Corp.; Glore, Forgan Ac Co.; Goldman, Sachs Harriman Ripley & Co., Inc.; Kidder, Peabody Ac Ac Boston Co.; Co.; Lehman Beane; Brothers; Smith, Corp.; Union Witter Ac Ac Co.; Co.; A. Company Ac Co.; Barney A. G. Allyn C. (Inc.); Salomon Walker Becker and Bros. Lynch, Stone Ac Pierce, Fenner Ac Webster Securities White, Weld Ac Co.; Dean Ac Co. Inc.; Hemphill, Noyes Corp.; Company Harris, Struthers H. Merril Ac Co.; Securities Hall Ac Ac Central Republic F. S. Moseley Inc; Co. Hutzler; (Inc.); Trask Spencer Ac Co.; Co.; Bacon, Whipple Ac Co.; Blunt The Milwaukee Co.f Stroud Ac Co., Inc.; Ac Ac Ac Ac Share Corp.; A. M. Kidder Ac Co.; Kiser, Cohn Ac Shumaker, Inc.; McCormick Ac Co.; Newhard, Cook Ac Co.; Raffensperger, Hughes Ac Co., Inc.; Schwabacher Ac Co.; F. S. Smithers Ac Co.; Sutro Ac Co.; Richard W. Clarke Corp.; H. Hentz Ac Co.; The Illinois Co.; Mackall Ac Coe; Irving Lundborg Ac Co.; J. C. Newsome Ac Co., and Sweney, Cartwright Ac Co. \S J. J. mon Hilliard Ac Son; Indianapolis Bond Ac Oversubscribed. 6,351,737 Rochester for Co.; City Securities Corp.; Collett Elworthy Ac Co.; Farwell, Chapman Inc.; B. holders Electric Corp. 175,000 shares of com¬ Purpose, to repay bank loans and Price, $36.25 per; share to stock¬ $36.37(4 to public. .Offered (by company for Gas stock new (no & par). construction. and subscription by common stockholders. Unsubscribed shares (63.096)- underwritten by The First Boston Corp.; Blyth Ac Co., Inc.; Wertheim Ac Co.; Merrill Lynch, Pierce, Fen-t ner Ac Beane; Kidder, Peabody Ac Co.; George D. B. Bonbrlght Ac Co.; Little Ac Hopkins, Inc.; Erickson Perkins White, Weld Ac Co., and Yarnall Ac Co. Oversubscribed. - Ellis William 15,000,000 Public Service Co. of Indiana, Inc. 600,000 shares of 4.90% stock Co., Inc.; (295,451) Ac Co.; Sutro Ac Co.; First California Co.; Irving Lundborg Ac Co.; Richard W. Clarke Corp.; Collett Ac Co., Inc.; H. Hentz ,r Hall Ac Co., Inc.; Jackson Ac Curtis; Purpose, to repay bank loans. Price, $20 per Offered by 8tone Ac Webster Securities Corp.; Bate¬ Boston shares J. J. B. Hilliard Ac Son; Hill Richards Ac Co.; Indianapolis Bond 4.75% Eichler Ac Co.; Blyth Ac Co., Inc.; Bosworth, Sullivan Inc.; Coffin Ac Burr, Inc.; Estabrook Ac Co.; The man, Ac First Unsubscribed Inc.; G. H. Walker Ac Co.; Brush, Slocumb Ac City Securities Corp.; Farwell, Chapman Ac Co.; Company, 316,622 Mackall V,.,- Shumaker, par). share. Hewitt; Ac Blyth Blunt Milwaukee Co., UTILITIES Co. Kreeger Boston ^ and Utilities Jones, Lynch, Pierce, Fenner Ac Beane; Robinson Rohrbaugh Ac Co., and Rouse, Brewer Ac First ;» value are taken at par, while pre¬ all classes of common stock are par value common Service Co. of Indiana, Inc. 472,301 shares of com¬ (no par). Purpose/for new construction. Price, per share. Offered by company for subscription Wood, PUBLIC W. Clarke Webber, of Ac Co.; A. C. Allyn Ac Co., Inc.; Central Republic (Inc.); F. S. Moseley Ac Co.; Salomon Bros. Ac Hutzler; Wood, Struthers Ac Co.; Harris, Hall Company (Inc.); Bacon, Whipple Ac Co.; Bateman, G. f/$$6,332,440 Gulf (Inc.); C. Paine, Co.; Ac Merril Newhard, Rsources shares 852,840 Spencer Trask & Co.; Ac , 4%% Water Moseley Emerich Chace, Whiteside, West Ac Clark & Co.; Clark, Dodge Ac Co.; Corp.; Coffin Ac Burr, Inc.; Coggeshall C. Collings Ac Co., Inc.; Julien Collins Ac Co.; Co.; Courts & Co.; Crowell, Weedon Ac Co.; Inc.; W. ... „ Ac S. Goodwin common The Rico Co. Purpose, Noyes States Possessions (Alaska) Ac Caldwell, Central • Ac common Ac Co., Inc.; Eastman, Dillon Ac Corp.; Glore, Forgan Ac Co.; Gold¬ man, Sachs Ac Co.; Harriman, Ripley Ac Co., Inc.; Kiddfer, Peabody Ac Co.; Lehman Brothers; Merrill Lynch, Piercb, Fenner Ac Beane; Smith, Barney Ac Co.; Stone Ac Webster Securities Corp.; Union Securities Corp.; White, Weld Ac Co.; Dean Witter Ac Co.; A. G. Becker Ac Co. Inc.; Hemphill, computed at their offering prices.) Burke & MacDonald; H. M. Byllesby Ac Co. Phillips Co.; Central National Corp.; (Inc.); - i Ames of prograhi. Ac Webster Securi- stock Co.; Co.; Parker shares construction to repay bank loans and for Price; $16 per share. Offered by com¬ subscription by common stockholders. Unsub¬ underwritten de¬ 1, by Power $10). Lukens; $31.50 agent. Credit Electric for Coe; mon New- STOCKS Strudwick; C. S. Ashmun Co.; Ac Redpath; Bache Ac Co.; Bacon Whipple Ac Co.; Robert W. Baird Ac Co., Inc.; Baker, Watts & Co.; Baker, Weeks Ac Co.; Ball, Burge Ac Kraus; Barret Fitch, North Ac Co.; J. Barth Ac Co.; Bartow Leeds Ac Co.; Bateman, Eichler Ac Co.; Baxter, Williams Ac Co.; Bear, Stearns Ac Co.; A. G. Becker Ac Co. Inc.; Biddle, Whelen Ac Co.; William Blair Ac Co.; Blair, Rollins Ac Co. Inc.; Blunt Ellis & -Simmons; Blyth Ac Co., Inc.; Boettcher Ac Co.; Bosworth, Sullivan Ac Co., Inc.; J. C. Bradford Ac Co.; Alex. Auchincloss, ■ for by Stone Inc.; 1^/14,877,482 Public Ac Marshall; Wm. P. Harper Ac Son Ac Co.; B. J. Ingen Ac Co.; Allison-Williams Co.; and F. Brittain . ' 223,463 Offered Becker. consolidated $25,350,000 ferred Kidder, shares (231,764) underwritten by Dillon, Read Ac Johnston, Lemon Ac Co.; Auchincloss, Parker Ac Redpath; Alex. Lrown Ac Sons; Ferris Ac Co.; Folger, Nolan agent. ■, (Preferred Co. Purpose, share. Ellis Ac Simmons; ' Underwritten- by scribed Seasongood Ac Mayer. working Price, 100% of principal ' amount. Underwritten by Gearhart Ac Otis, Inc. 150,000,000 General Motors Acceptance Corp. 4% five-year debentures ! ■ due July 1, 1958. Purpose, for working capital. Price, 100% 7. i;r i and accrued interest. Underwritten by Morgan Stanley Ac '• i. ' /, Co.; A. C. Allyn & Co. Inc.; Almstedt Brothers; American Gas $7.50). per (par pany Wm, E. Pollock Ac Co., Inc.; Hirsch Ac Co.; W. E. Hutton Ac Co.; Schoellkopf, Hutton Ac Pomeroy, Inc.; Thomas Ac Co.; Barcus, Kindred Ac Co.; Eldredge Ac Co., Inc.; First of Michigan Corp.; The Milwaukee Co.; Rand Ac Co.; and repay 514% Purpose, Price, at - construction. Co., Co., Inc.; Harriman Ripley Ac Co., Inc.; Lehman Goldman, Sachs Ac Co.; Union Securities Cor¬ poration; A. C. Allyn Ac Co., Inc.; Kidder, Peabody Ac Co.; certifi¬ to of $10). Schoellkopf, Hutton Ac Pomeroy, Inc.; White, Ac Co.; Dean Witter Ac Co., and Harold E. Wood Ac Oversubscribed. new Higginson Corp.; Phelps, Fenn Ac Co.; Merrill Lynch, Pierce, Fenner Ac Beane; Hornblower Ac Weeks; R. W. Pressprich Ac Co.; Salomon Bros. Ac Hutzler; American ,".,$300,000 Air America, Inc. (par construction. Oversubscribed. Natural (par 13,645,440 Potomac - Co.; Lee cates, >. D new dividends. shares 150,000 series for Weld Brothers; MISCELLANEOUS Ac Corp.; A. C. Allyn Ac Co., Inc.; Bacon, Whipple Ac Co.; W. Baird Ac Co., Inc.; .Baumgartner, Downing •& Blyth Ac Co., Inc.; Bosworth, Sullivan Ac Co., Inc.; Central Republic Co.; Eastman, Dillon Ac Co.; R. J. Edwards, Inc.; Estabrook Ac Co.; The First Boston Corp.; Co. Securities Corp.; Estabrook Ac Co.; Harris, ( Walker H. Moreland; utility system revenue bonds July 1, 1982. Proceeds, for improvements. Price, at Offered by Pacific Northwest Co.; Blyth Ac Co., Inc.; Stuart ' (Hawaii) stock, and G. ties , revenue bonds dated July 1, 1953 and due July 1, 1955-1938, inclusive. Purpose, for expansion of electric system. Price, to yield 2.80% to 4.75%, according to ma¬ turity. Offered by The First Boston Corp.; B. J. Van Ingen Ac Co., Inc.; Blyth Ac Co., Inc.; Drexel & Co.; Halsey, Short-Term Bonds and Notes (Issues Maturing: Up to and Including Five Years) Corp.; Oversubscribed. Southwest Co.; Fulton, Reid Ac Co.;. Hemphill, Noyes Co.; Hooker Ac Fay; Hornblower Ac Weeks; A. M. Kidder Co.; Kidder, Peabody Ac Co.; Merrill Lynch, Pierce, Fenner Ac Beane; Merrill, Turben Ac Co.; Middendorif Ac Co., Inc.; F. S. Moseley A: Co.; Paine, Webber, Jackson Ac Curtis; Prescott, Shepard Ac Co., Inc.; Rotan, Mosle and electric $240,600,000 Co. First Offered 121,000,000 Puerto Pea- Shields Ac Com¬ Robert Kennedy Ac Co. for Co., Inc.; Co.; par. Foster June Purpose, Co. loans accrued Price, $19 Co. due, W. Ac Securities Ac preferred bank and and 1953 and due April 1, fiscal (Hawaii) $1,350,000 Ketchikan Inc.; Hannl Union Telephone $4,245,797 Oklahoma Ac Credit Offered par. fiscal United Purpose, for Price, 100% Estabrook Ac Co.; cumulative bank loans repay Pittsburgh Telephone Co. 2,000 shares of common stock (par $25). Purpose, to buy equipment. Price, at par. Offered by company fcr subscription by common stockholders, without underwriting. Ac William Purpose, to 50,000 North Stringfellow; Co.; Seltsam, Peabody Ac Co. Ac Hutton Light Co. 50,000 shares of 5% (par $100). Inc.; repay par 1953 and due Nov. 2, 1953. Purpose, ($21,205,000) and "new money" ($16,040,000). $$3,000,000 Honolulu subordinated Chas. Co.; 1,500,000 Mutual Winslow, Intermediate ments. Co., Ac Latshaw, $95,485,000 Price, 92(4% notes Weeden Intermediate New York due inclusive. Scott Ac Oversubscribed. construction. Co., and Dean Witter Webster refunding capital. serial 1954-1963, Schoellkopf, Co.; Ac Walker Smith, Barney. Ac Co.; Smith, Moore Ac Co.; Stern Brothers Ac Co.; Stone Ac Webster Securities Corp.; Spencer Trask Ac Co.; Tucker, Anthony Ac Co.; Uhlmann Ac Co.; Gibson; Federal Price, debentures Thorndike, Inc.; Battles Ac West Ac Winslow, Inc., and Co.; F. S. Starkweather bentures dated July 1968. by Riter Hutzler; Roberts H. pany; Co.; Inc.; comb, Co. •1,400,000 Universal Finance 1, and interest. Childs, 1, Co.; Ac Ac Spencer Uhlmann G. Republic Thomas refunding. All convertible Bros. Poole, Co. Ac Co.; Co. (Inc.); Coffin Ac Burr, Inc.; Dillon, Ac Co., Inc.; Eastman, Dillon Ac Co.; Estes Ac Co., Glore, Forgan Ac Co.; Goldman, Sachs Ac Co.; Harri¬ man Ripley Ac Co., Inc.; Harris, Hall Ac Co. (Inc.); Hay¬ den, Miller Ac Co.; Hornblower Ac Weeks; Kidder, Peabody Ac Co.; W. C. Langley Ac Co.; Lee Higginson Corp.; Lehman Brothers; Laurence M. Marks Ac Co.; Merrill, Turben & Co.; F. S. Moseley Ac Co.; Prescott, Shepard Ac Co., Inc.; The Ranson-Davidson Co., Inc.; Reinholdt Ac Gardner; Inc.; Chas. W. Scranton Ac Co.; Ac Co.; Shields Ac Company; Shuman, Ac Co.; Ac Ac Van 6% tral Mason, bentures dated July 1, share. Corp. Ac $58,240,000 Federal Offered per Ac Salomon Schmidt, & stock new Ac by company to public, underwritting. Each purchaser of a $500 deben¬ being given the right to buy 30 shares of common Sunrise Ac Witter Ac Corp.; Read f without 400,000 Co.; Inc.; Securities Inc.; Co.; Sills, Fairman Ac Harris Inc.; I. M. Simon Singer, Deane Ac Scribner; Smith, Barney Ac Co.; Ac debentures, Price, at par. capital. Ac Co., Ac Co.; Prescott, Co., Inc.; Co.; Price, at par and accrued dividends. Underwritten by The First Boston Corp.; Robert W. Baird Ac Co., Inc.; Barret, Fitch, North Ac Co.; Beecroft, Cole Ac Co.; William Blair Ac Co.; Blair, Rollins Ac Co., Inc.; Blyth Ac Co., Inc.; Alex. Brown Ac Sons; Cen¬ Ac Beane; Merrill, Turben Mitchum, Tilly Ac Co.; Moore, Ac Co.; Mullaney, Wells Son Ac Co.; Newburger Ac Co.; Farm Loan and Government due Standard and Dean for $150,300,000 pri¬ sold. 250,000 Ac Co.; Union preferred Douglas Ac McEvoy; Dean Witter Ac Co.; Harold E. Wood Ac Co.; Wood, Gundy Ac Co., Inc.; Wood, Struthers Ac Co.; Woodard-Elwood Ac Co.; Wurts, Dulles Ac Co., and Yarnall Ac Co. Oversubscribed. mortgage to build group. Inc.; and Moseley Schneider Moore White, sinking fund Purpose, re¬ community Rothschild H. Ac Ac cumulative private a Ac Marks M. Moseley Ranson-Davidson Ac ster investors. capital. kS R. Swiss 37,245,000 1963. Milier Mead, S. Riter Ac Co.; Seltsam, Hanni Ac Company; Smith, Barney Ac Co.; Stern Brothers Ac Co.; Stone Ac Ac Ac 5,000,000 Kansas Power E. Securities Corp.; Stroud Ac Co., Inc.; Sweney, Cartwright Ac Co.; Swiss American Ac Co.; Spencer Trask Ac Co.; Tucker, Anthony Ac Co.; Underwood, Neuhaus Ac Co.; Union Securities Corp.; Van Alstyne, Noel Ac Co.; Wagenseller Ac Durst, Inc.; G. H. Walker Ac Co.; Watling, Lerchen Ac Co.; Web¬ York. 1, working to company May more Service, Purpose, by due Co., Ac Co.; Corp.; promissory notes due Purpose, for working convertible Co.; Gardner; Shields Moore Laurence . F. The Anthony Fenner S. F. Newbold's Horner Sutro 12 institutional investors, 6% Inc. F. E. Stone HopGardner; July 1, 1968. Purpose, refunding ($2,770,000) and capital ($1,230,000). Placed privately with Life W. Inc.; Co.; Inc.; Webster Securities Corp.; Thomas Investment Co.; Trask Ac Co.; Tucker, Co.; Stein Bros. Ac Boyce; Stern Brothers Ac Co.; Stern, Frank, Meyer Ac Fox; Stetson Securities Corp.; Stillman, Maynard Ac Co.; Stix Ac Co.; subordinated sinking fund General Motors Acceptance Corp. 4% June 1, 1970 to 1973, inclusive. H. Scjhmertz Staats working the Mutual •165,000,000 L. C. Agnew vately with Northwestern Mutual Life Insurance Co. •4,000,000 General Acceptance Corp. 4.70% W. Smith, Mose- Placed Lynch; Shearson, Hammill Oversubscribed. buliding Pierce, Ac Pomeroy, Inc.; Schwabacher Corp.; Union Securities Corp.; G. H. Walker Ac Co.; Watling, Lerchen & Co.; Wertheim & Co.; White, Weld & Co.; Dean Witter & Co., and Co.; Ac Latshaw, Irving J. Rice Ac Co., Inc.; Julius A. Rippel, Inc.; Ac Co.; The Robinson-Humphrey Co., Inc.; Rodman Linn;'Rogers Ac Tracy, Inc.; Rotan, Mosle and More- Scott, & Inc.; Co., Ac Co., Inc.; Smith, Milwaukee Co.; Ac Parke; Hutzler; Nicolaus Co., Co.; R. Co.; Rodman & Linn; Salomon Schoellkopf, Hutton & Pomeroy, Inc.; Scott & Stringfellow; Chas. W. Scranton Ac Co.; Shields Ac Co.; Singer, Deane & Scribner; Smith, Barney Ac Co.; ' Reinholdt to land; Company; Jaffray Hutton Ac cumulative Ac Ripley F. S. Ohio Paine. F. Ac Turbtn Shepard Riter Ac Co., Inc.; Hemphill, Noyes & Co.; Henry Herrman Ac Co.; Hornblower Ac Weeks; E. F. Hutton Ac Co.; Johnston, Lemon Ac Co.; Laird, Bissell Ac Meeds; W. C. Langley Ac Co.; Lazard Freres Ac Co.; Lee Higginson Corp.; Carl M. Loeb, Rhoades Ac Co.; Mason, Hagan, Inc.; Merrill Lynch, Pierce, The Co.; Ac Glore, Harriman E. Co., Merrill, Corp.; Folger, Nolan Cook Ac Co.; Paul J. Nowland Ac Co.; The Ohio Pacific Northwest Co.; Paine, Webber, Jackson Curtis; Parrish Ac Co.; Peters, Writer Ac Christensen, Inc.; Phelps, Fenn Ac Co.; Piper, Jaffray Ac Hopwood; B. W. Pizzini Ac Co., Inc.; Wm. E. Pollock Ac Co., Inc.; Prescott, Shepard Ac Co., Inc.; R. W. Pressprich Ac Co.; Putnam Ac Co.; Quail Ac Co.; Raifensperger, Hughes Ac Co., Inc.; Rauscher, Pierce Ac Co.; Reinholdt Ac Gardner; Reynolds 1960. Reid Ac Co.; Weeks; Ac Kinney-Ohmart Boston Newhard, accrued Co.; Ac Company; Dillon, Read Ac Co,, Inc.; Kuhn, Loeb & Co.; Lehman Brothers; A. C. Allyn and Co., Inc.; Robert W. Eaird Ac Co., Inc.; Baker, Weeks Ac Co.; Ball, Burge Ac Kraus; Bear, Stearns Ac Co.; A. G. Becker Ac Co., Inc.; Bear, Rollins & Co. Inc.; Blyth Ac Co., Inc.; Alex. Brown Ac Sons; Central Republic Co. (Inc.); Forgan Ac Co.; Ac Ferris Ac Underwritten by Courts & Ac Hutchinson Lynch, Co.; Ac Co. 4% working McMaster Leonard •10,000,000 C. I. T. Financial Corp. 3%% promissory notes due April 1, 1973. Purpose, for working capital. Sold privately to Insurance Hornblower Merrill - Co., Life Estabrook Clark Co.; & Co.; Co.; for the stock. Underwritten by Inc.; Laird, Bissell Ac Meeds; Stroud Co., Inc.; Harrison Ac Co.; Schmidt, Poole, Roberts Ac Parke; Thayer, Baker Ac Co.; Hallowell, Sulzberger Ac Co.; DeHaven Ac Townsend, Crouter Ac Bodine, and C. T. Williams Ac Co., Inc. Oversubscribed. York Co.; Rhoades Ac Co.; Loewi Ac Co.; Irving Lundborg Ac Co.; Mackall Ac Coe; MacNaughton-Greenawalt Ac Co.; Laurence M. Marks Ac Co.; Mason-Hagan, Inc.; A. E. Masten Ac Co.; McCormick Ac Co.; McDonald Ac Co.; McDonald-Moore Ac due (par $1) Ac New Ac Estes man, Taylor Ac Co.; A. M. Kidder Ac Co.; Kidder, Peabody Ac Co.; Kirkpatrick-Pettis Ac Co.; Kuhn, Loeb Ac Co.; Laira Ac Co.; Laird, Bissell & Meeds; W. C. Langley Ac Co.; Lazard Freres Ac Co.; Lee Higginson Corp.; John C. Legg Ac Co.; Lehman Brothers; S. R. Livingstone, Crouse Ac Co.; Carl M. Loeb, share per Morris Ac Co.; Equitable Clement A. Evans Ac Co.; Co., Inc.; First Securities Co. of Kansas, Glore, Forgan Ac Co.; Goldman, Sachs Ac Co.; Harri¬ Ripley Ac Co., Inc.; Harris, Hall Ac Co. (Inc.); Hay¬ den, Miller Ac Co.; Hornblower Ac Weeks; Kidder, Peabody Ac Co.; W. C. Langley Ac Co.; The Lathrop-Hawk-Herr.ck Co., Inc.; Lee Higginson Corp.; Lehman Brothers; Mc- Co.; Eastman, Dillon Elworthy Ac Co.; Emanuel, Ac Co.; The Illinois Co.; Indianapolis Bond and Corpi; Janney Ac Co.; Jehks, Kirkland Ac Grubbs; Johnson, Lane, Space & Co., Inc.; Johnston, Lemon Ac Co.; T. H. Jones Ac Co.; Jones, Kreeger Ac Hewitt; Kaiser Ac Co.; Kalman Ac Co., Inc.; Kay, Richards Ac Co.; Kean, Price, 160,000 Elkins, Ac Inc.; du Pont Ac Share of Purpose, Raceway Association, Inc. 6% 1978 Francis I. Hutton stock shares to acquire $1,550 per unit. Underwritten by Union Securities Corp.; Allen Ac Company; Sterling, Grace Ac Co.; Winslow, Douglas Ac McEvoy; Bateman, Eichler Ac Co.; Baird Ac Company; Arnhold & S. Bleichroeder, Inc., and Jay W. Kaufmann Ac Co. aircraft Co.; Co.; Heller, Bruce Ac Co.; Hemphill, Noyes & Co.; H. Hentz & Co.; Henry Herrman Ac Co.; Hill Richards Ac Co.; J. J. B. Hilliard & Son; Hirsch & Co.; J. A. Hogle Life Life of common Barret, Fitch, North Ac Co.; Beecroft, Cole Ac Co.; William Blair Ac Co.; Blair, Rollins Ac Co., Inc.; Blyth Ac Co., Inc.; Alex. Brown Ac Sons; Central Republic Co. (Inc.); Coffin Ac Burr, Inc.; Dillon, Read Ac Co., Inc.; Eastman, Dillon Ac tInc.); Dillon, Read Ac Co. Inc.; Dixon rett Ac Co. subordinated shares Ac Co.; Crouter Merle-Smith; Stone the certificates $1) of with Ac Mutual accrued Ac preferred shares Co. Davis, Skaggs Townsend, Dick Securities Corp.; Co., Inc.; Fahey, Chapman Ac Co.; Fauset, Steele <sc Company; Field, Richards Ac Co.; The First First of Michigan Corp.; First Southwest Co.; Placed Insurance Corp. and depositary stock shares eight York, Pilot Equipment Feb. (par of and capital. Ac Co.; FarweU, inclusive. and subordinated notes. Ac Co.; Co.; MISCELLANEOUS Co. & Deetjen $2,415,000 *$1,500,000 Aetna Finance Haven sinking fund privately Price, 100% Ziegler A{ Co. C. B. due De Inc.; Foster & Marshall; Fulton, Reid Ac Co.; Robert Gar¬ Sons; Glore, Forgan Ac Co.; Goldman, Sachs Ac Co.; Goodbody Ac Co.; Goodwyn & Olds; Granbery, Marache & Co.; Grant-Brownell & Co.; Green, Ellis Ac Anderson; Gregory Ac Son, Inc.; Hallgarten Ac Co.; Hallowell, Sulz¬ berger & Co.; Halsey, Stuart Ac Co. Inc.; Harriman Ripley Ac Co., Inc.; Harris & Partners Ltd.; Harris, Hall Ac Co. (Inc.); Ira Haupt Ac Co.; Hayden, Miller Ac Co.; Hayden, construction. new Offered Joliet, 1, Feb. to Co.; Company; Dixon Bretscher Noonan, Inc.; Dominick Ac Dominick; The Dominion Securities Corp.; Doolictle Ac Co.; nually 2,000,000 Roman Paul H. Davis Ac Co.; Ac Dempsey-Tegeler Ac (Sisters of the Order of St. Dominic of 3%%-4% serial notes, series a, due an¬ Rapids) Day R.-S. Dickson Ac Co. • 200,000 Dominican Sisters Grand L. Bodine; 0 •Represents issues placed privately. issues sold competitively. (Continued on page , . tlndicates v. Vindicates special offering. 10) - The Commercial and Financial Chronicle 10 (1774) — ; , Inc.; and Rothschild & Co.; Sage, Rutty & Co., Anthony & Co.; Wood, Struthers & Co., L. Co.; & Tucker, F. Goodbody Co. & Natural Gas Pipeline Co. 183,158 shares of (par $1). Purpose, to increase investment Storage Co. of Illinois and to repay bank loans and for expansion. Price, $17.25 per share. Sub¬ scribed for by minority stockholders. Peoples Gas Light & Coke Co., the parent, subscribed for 773,092 additional shares for a total cost of $13,335,837. Natural Gas Light Western 1,962,330 Offered Lathrop-Hawk-Herrick The All Co. sold. ital Price, Offered stock (par $1.25 & Loeb Kuhn, Co.; & & Dain stock Dulles & & Estabrook & All Co. Co.; & 135,000 Great MANUFACTURING INDUSTRIAL AND stock capital. Inc. Securities, Records, 2,931,350 Decca Corp. 300 000 shares of common Purpose to repay loans and for Price, $1 per share. Offered by Mitchell "as a speculation." 318,625 shares of capital stock Inc. (par Purpose, cents). Pictures Co., Inc. C'rowell, Weedon & Co,; Cruttenden & Co.; Davies & Co.; Dempsey-Tegeler & Co.; Gillen & Company; Goodbody & Co.; H. Hentz & Co.; Henry Herrman & Co.; Jeqks, Kirkland & Grubbs; Kay, Richards & Co.; Carl M. Loeb, Rhoades & Co.; McKelvey & Company; Sills, Fairman & Harris Inc.; Smith, Hague & Co.; Stern, Hague & Co.; Stern, Frank, Meyer & Fox and Kuhn, Loeb & Co. j j ' Purpose, to $1). $8.50 Price, t & 156,450 per and Co. . & Courts Co., $1). Co. Mfg. Farrington Co. 4,400 shares of class stock A for share. and Gearhart & Otis, Inc. , cents ■ (no Harvester (James) Corp. 180.000 shares of common stock (par $1). Purpose, for working capital, etc. Price, at par. Offered by company for subscription first by stockholders. Unsubscribed 150,000 shares offered to public. 299,000 Nagler Helicopter Co., Inc. 299,000 shares of common stock ' (par $1 Purpose, for working capital, Offered by John R. Boland "as cent). one share. per Price, specula¬ etc. a tion." See under "Long-Term Bonds column of this article. $1). preceding (par expansion and for Underwritten share. per Co. dividends. Parker & ' M. (par $1). Price, $3.50 Rhoades & Loeb, Co. preferred Evans & Co., Rollins Richards & Co. & Co. at and par Inc.; Doolittle & Hallgarten Noyes & Co.; Blyth Cruttenden (Inc.); Davis & Co.; Inc.; Hemphill, Co.; Price, Pur¬ accrued Redpath; Ball, Burge & Kraus; Bateman, Eichler Republic Paul H. Co.; 5Vzf'o 160,000 shares of stock (par $25). Underwritten by Reynolds & Co.; Auchincloss, Blair, Co.; Central *" Carl for capital expenditures. pose, & by Controls convertible cumulative & capital. working Completed. 4,000,000 Robertshaw-Futlon j \ Corp. 70,000 shares of common stock 245,000 Remington Purpose, and Notes" in a & Co.; & Co.; & Davies Clement Hayden, Hornblower Inc.; Co., Co.; & Stone Weeks; A. & Kay, Kidder, Peabody & Co.; W. C. Langley & Co.; Lehman Brothers; Lester, Ryons & Co.; Carl M. Loeb, Rhoades & Co.; Loewi & Co.; Laurence M. Marks & Co.; Moore, Leonard & Lynch; The Ohio Co.; Shields & : Co.; Sills, Sutro & Co.; Fairman Co., and & Harris, Inc.; Smith, Hague & Co.; Union Securities Corp. Oversubscribed. "as Corp. Inc. Co., Clark, Dodge a TRUSTS, Gas & Electric Laird & COS., shares Purpose," Price, Corp.; Inc.; $29 Co.; & & Co.; Inc.; Mason, Price, & & (par & Brown 150,000 Clayton Inc.; Weedon Co.; Ferris & Securities Co.; Hirsch Taylor & Co.; & Davies & & Newton M. & Corp.; & Courts Wilson, stock & Inc.; Grubbs; Parrish & & Co.; Deetjen Hill & F. Co.; J. Co., Suplee, Inc.; Reinholdt Yeatman Barth & Co.; & Co., Brush, & Inc.; Slocumb ter Co.; Scott, Horner & Mason,, Inc.; Sterne, Agee & Leach; Stetson Securities Corp.; Stix & Co.; Thayer, Baker & Co.; Wagenseller & Durst, Inc.; Westheimer & Co.; Harold Wyllie E. & Wood & Co.; Woodcock, Hess & Co. Inc., and Thornhill. 881,981 Derby Gas & Electric Corp. 47,039 shares of common stock (no par). Purpose, to repay bank loans and for other corporate purposes. Price, $18.75 per share. Offered by- Blunt Ellis & Co.; & Lester, Co.; & Ryons &s Johnson Higgins. & 15,000 shares of common 320,000 Corp. shares 8,000 of 6r/c preferred in Notes" (par $1). preceding column. a Association, Inc. 160,000 shares of $1). See under "Long-Term Bonds Raceway (par in depositary certificates for 8,000 See "Long-Term Bonds Corp. stock common stock common and without underwriting. See under "Long-Term Bonds and Notes" Equipment of Notes" Brandywine ' subsidiaries. to advances Offered by company for subscription Equipment (par $50). shares and for Purpose, preceding column. a 150,000 Aviation preceding column of this article. a . 205,650 Brick Discount stock refunding publicly by 200,000 Citizens The Co. Indemnity Valley for the Co. Investing stockholders subscribe $10 per Offered share. Price, at par. Offered by Co. and Security & Bond having prior right "to Citizens of shares. Co. of Warren, Pa. 1,000 of (par $100). Purpose, re¬ funding. Price, at par and accrued, dividends. Offered publicly by company, without underwriting. All sold. 100,000 Community Consumer Discount 5% preference stock shares , | Mohawk with shares of class A common working capital ($137,450) Price, of New York 8,000 shares of $1.50 stock (par $251. Purpose, to acquire preferred Arex for without underwrting. Co. Casualty of 20,565 Purpose, ($68,200). company, cumulative stock Corp. $1). (par and 250,000 Eagle Super stock (par corporate L. Gardner; Rodman & Watling, Lerchen & & Co., Inc.; Chaplin & Company; Laird & Co.; McDonald-Moore & Co.; McJunkin, Patton & Co.; Rotan, Mosle and Moreland; Sills, Fairman & Harris, Inc.; I. M. Simon & Co.; Thomas & Co.; J. R. Williston, Bruce & Co.; Brooke & Co.; Burns, Corbett & Pickard, Inc.; C. C. Codings & Co., Inc.; Dallas Union Securities Co.; Dixon, Bretscher, Noonan, Inc.; Doo¬ little & Co.; H. L. Emerson & Co., Inc.; Fauset, Steele & Co.; Grimm & Co.; g! C. Haas & Co.; Hallo well, Sulz¬ berger & Co.; Wm. P. Harper & Son & Co.; J. A. Hogle & Co.; Hulmej Applegate & Humphrey, Inc.; T, H. Jones & Co.; Kay, Richards & Co.; Moors & Cabot; Newman & Company; Penington, Colket & Co.; Raffensperger, Hughes & Co., Inc.; Rambo, Close & Kernel*, Inc.; Scherck, RichLinn; Co.;, Davis stockholders, common stock in Kean, Co.; Paine, Webber, Jackson Bacon, Whipple & Co.; Weeks; & 125,000 for company Spencer Trask Cullom par). (no Aviation > & Co.; & Emanuel, Co.; MacGregor, Kirkland Jenks, Co.; Co.; E. Glover by American National Finance Corp. ;i Co., Co. Purpose, Offered Sons; Shelby and ' & Co.; & E. Mitchum, 1 & Horner Moore Chisholm Tully & Co.; Newhard, Cook & Co.; Pacifiq Northwest Co.; Reinholdt & Gardner; Wagenseller & Durst, Inc.; Smith, Moore & Co.; Stetson Securities Corp., & Co.; Ball, Burge & Kraus; Baxter, Williams & Co.; Biddle, Whelen & Co.; Boenning & Co.; Bosworth, Sullivan Crowell, Smith, Co.; & Varnedoe, Insurance $4). Hornblower & G. H. Walker Inc.; Curtis; Co.; body & Co.; Green, Ellis & Anderson; Johnston, Lemon & Co.; John C. Legg & Co.; Loewi & Co.; McCormick & 1 "Co.; New York Hanseatic Corp.; Stern Brothers & Co.; ; Yarnall & Co.; The First Cleveland Corp.; Elkins, Morris \ "* Corp.; share. per Simmons; Company, Inc.; Wood, Struthers & CO.; McDonald & Co.; Baker. Watts & Co.; Bioren & Co.; Cooley & Co.; Good- i Simon M. Automobile $40 Alex. 400,000 Stroud Co.; W.' Clarke, Mitchum, Tully & Co.; Scott, I. Securities stock Co., American Securities Hammill Shearson, & John & Co.; Day shares of working capital. for subscrip¬ tion oy stocKholders. Unsubscribed shares (553) under¬ written by Kidder, Peabody & Co.; The First Boston Corp.; Geyer & Co., Inc.; Blyth & Co., Inc.; Stone & Webster Securities Corp.; White, Weld & Co.; A. G. Becker & American capital Co.; The Ohio Company; R. W. Pressprich & Co.; Reynolds Riter & Co.; Blair Co.; & L. MISCELLANEOUS $5,000,000 Bache & Co.; Co.; William R. Winslow-Douglas & McEvoy; Harold Woodcock, Hess & Co., Inc.; Robinson Baker, Weeks & Co.; Alex. Brown & Sons1, E. W. Clark & Co.; Paul H. Davis & Co.; Dick & : Merle-Smith; Laurence M. Marks & Co.; The Milwaukee & & $62,540,245 Securities (Inc.); Co.; Bosworth, Sullivan Pancoast; Clement A. & Cleveland Corp.; Hill Rich¬ Stern, Frank, Meyer & Fox; Stetson for Republic Co. Central & & Co., Wood & Co.; and Lukens; Smith, Hague & Co.; Cromwell & Co.; Mullaney, Wells & Co.; Austin, Hart & Parvin; Eddleman-Pollok Co.; Edward D. Jones & Co.; Kaiser & Co., and Sanders & Newsom. per Union Riter Lester, Ryons Inc.; ETC. common Co.; & Co.; common of Laurence Co.; Dean Baxter. Williams & & First Broome Miller & Co.; & by 800,000 Weld Schwabacher Lerchen Strudwick; Stockton Co.; Mead, * HOLDING Co. Weeks; & E. F. Hutton & Co.; The Inc.; Co.; Securities Equitable Co.; Boenning Inc.; Dempsey-Tegeler & Co.; Draper, Sears & Co.; Emanuel, Deetjen & Co.; First of Michigan Corp.; Folger, Nolan Inc.; Gordon Graves & Co.; J. J. B. Hilliard & Son; Jenks,. Kirkland & Grubbs; ■ TRADING, & $5). (par Boston Corp.; j Co.; & Robertson Dewar, Co., Collins Securities of (no Piper, Jaffray & Hopwood; Reinholdt Watling, Inc.; & Julien speculation." shares 250,000 stock common Hornblower Co.; & Inc.; Co., & & Purpose, to acquire leases, etc. and Price, $1 per share. Offered bv ' ■ Aronheim. Putnam 5,844 Oregon Fibre Products, Inc. 5,844 shares of common stock • Terry by Aetna Offered ■ Co. for Kilburg 180,000 Dillon Co.; & Stroud & Co., ards additional investments in share. Underwritten by The Corp.; Clark, Dodge & Co..; Drexel & Co.; Eastman, Dillon & Co.; Glore, Forgan & Co.; Hemphill, Noyes & Co.; Hornblower & Weeks; Kidder, Peabody & Co.; Merrill Lynch, Pierce, Fenner & Beane; Paine, Webber, Jackson & Curtis; Smith, Barney & Co.; Tucker, Anthony & Co.; Hallgarten & Co.; Lee Higginson Corp.; A. C. Allyn & Co., Inc.; A. G. Becker & 568,000 Co. Purpose, par). Oil First shares of common general corporate purposes.. Price, $25 per share. Offered by company for subscription by employees. Oversubscribed. stock Securities subsidiaries. employees. 14,200,000 International share. ner Hunter Western stock j of Paine, Webber, Jackson & Curtis; Shields Co.; Gardner; Corp. Gas (par 10 cents). working capital. INVESTMENT cents). per share. 10 (par Eastman, Anderson Co.; Bakex Inc. Union Beane; Hallgarten Evans speculation." a & *$23,200,000 American of America 150,000 shares of common stock Purpose, for working capital. Price; 80 Offered by company for subscription by Gyrodyne Co. 120,000 ■ & Bros. Thayer, Inc.; & Co., Peabody & Co.; Merrill Lynch, Pierce Securities Corp.; A. C. Allyn & Kidder, by & & (par expenses. 104,000 shares of capital stock (par one for drilling expenses and working cap¬ $2.50 1 i Co., & shares 375,000 Price, $10 per share. (par » Sutro $3,295,000 Offered by Jay W. Kaufmann & Co. I share. 80 cents per ,. Co. Co.;The Ohio Co.; 500,000 Co.; & Palmer Co.; Roger S. Co.; Co.; Texas Corp. by Walter Purpose, 1,000,000 Gyrodyne Co. of America, Inc. 1,250,000 shares of common stock (par 10 cents). Purpose, refunding ($13",200) and for new equipment and working capital ($986,800). Price, Co. stock for working capital. Price, $11.25 per Offered by Chace, Whiteside, West & Winslow, Inc. $10). Stewart "as 250,000 Texas & Co. 49,500 60,000 shares of preferred stock exploration Gas & Purpose, Oil fered Williams T. K. Cunningham & 1,500,000 shares of comomn stock (par five cents). Purpose, to acquire properties and leases and for working capital. Price, 20 cents per share. Of¬ capital. Price, at par. Underwritten by McCarley and offered only to residents of North Carolina. ing i Oil Corp. 50,000 Farnam Manufacturing Co. 5,000 shares of 7% cumulative convertible preferred stock (par $10). Purpose, for work-; ■ Oil Price, 300,000 Otis Kormendi Co.; to repay bank loans and for investments stocks of subsidiaries. Price, $40.25 per share. Marks & Co.; spec¬ a and development Offered by Cleve Myers, Inc. par. S. cent), 62,500 shares of $1.20 convertible pre¬ ferred stock (par $20). Purpose, for new equipment and working capital. Price, at par and accrued dividends. Underwritten by Fulton, Reid & Co.; Bache & Co.; Paine, Webber, Jackson & Curtis; Smith & Root; Saunders, 1 Stiver & Co.; Robert W. Baird & Co., Inc.; Blunt Ellis & Simmons; The Ohio Company; A. E. Masten & Co.; Fahey, j Clark & Co.; The First Cleveland Corp.; Merrill, Turben & Co.; Blair, Rollins & Co. Inc.; H. L., Emerson & Co., Inc.; Kay, Richards & Co. and T. H. Jones & Co. Resistor "as National Corp.; Underwood, Neuhaus Co.; Kirby L. Vidrine & Co. and Chas. B. White & Co. ital. per for. 1,250,000 Erie Co. & Oversubscribed. share. Offered by company for subscrip¬ tion by certain stockholders and employees. Underwrit¬ ten by D. A. Lomasney & Co. and Courts & Co. Subscribed $7.45 Price, at 260,000 KLB Co. C. Co.; Inc.; Corp.; M. shares of capital stock (par $1). Purpose, to repay bank loans, etc. and for acquisition of leasehold properties and working capital. Price, $3 per share. Underwritten by Allen & Company; M. E. Allison & Co., Inc.; Auchincloss, Parker & Redpath; B. V. Christie & Co.; Coburn & Middlebrook, Inc.; Cowen & Co.; Crerie & Co.; Crockett & Co.; Dammes, Koerner & McMann; A. G, Edwards & Sons; D. H. Ellis & Co.; First Southwest Co.; Franklin, Meyer & Barnett; R. D. French & Co.; Fridley & Hess; Goodbody & Co.; G. C. Haas & Co.; Hirsch & Co.; LaMaster & Co.; Lentz, Newton & Co.; William R. Mee; Moroney, Beissner & Co.; J. R. Phillips Investment Co.; Quinn & Co.; Rauscher, Pierce & Co., Inc.; Rotan, Mosle and Moreland; Rowles, Winston & Co.; Russ & Co.; Sanders & Newsom; John D. Scott and Co.; Shawell & Company; Shearson, Hammill & Co.; & Oversubscribed. Co. Steele by Foster Co.; & & Co.; Taussig, Day & Co., Inc.; Raffensperger, Hughes & Co., Inc.; Co.; I. M. Simon & Co.; Este & Co."; John & Company; 21,000 shares of common stock (par Purpose, to repay bank loans and for working capital. Brothers Edgar Offered for Purpose, Harold 79,000 shares of common stock (par repay bank loans and for working capital. share. Underwritten by D. A. Lomasney Co. Brothers 671,500 Edgar $1). share. 1,500,000 Johnston to increase investment in Universal Price, 59.20 per share. Offered by company for subscription by stockholders. Unsubscribed shares (51,549), underwritten by Reynolds & Co.; Lau¬ rence M. Marks & Co.; Arthurs, Lestrange & Co.; Bache & Co.; Baker, Simonds & Co.; Bear, Stearns & Co.; 50 per Price, Swift Utilities Fenner ulation." cents). 10 (par working Deetjen Purpose, Offered Petroleum Corp. 90,000 shares of common Purpose, for drilling expenses, etc. Price, Western (par 300,000 Gulf South Oil Corp. Chemical Chlorophyll 300,000 Emanuel, Smith, Barney & Co.; White, Witter & Co.; L. F. Rothschild & Co.; $1.50 $5). & common & stock Brothers 23,872 shares of common stock ino par). Purpose, for working capital. Price, $11 per share. Of¬ fered by company for subscription by common stock¬ holders, without underwriting. Cheney Co.; Frank, par). Purpose, for working capital. $1). (par F. Co., and S. in $2,893,818 OTHER Meeds; & Waldo J'15,093,750 Texas Wilson. $262,592 Bissell Meyer & Fox; Arthur L. Wright & Co., Hemphill & Co.; Murphey Favre, Inc.; C. F Cassell & Co., Inc.; Fewel & Co.; Gross, Rogers, Barbour, Inc.; Price, $1.26 per share. Offered by Julius Maier Co.; Carroll, Kirchnei & Jaquith, Inc.; Amos C. Sudler & Co., and Robert W. stock & Fay; Stern, 200,000 shares of preferred common 250,000 Empire Petroleum Co. exploratory and Price, 50 cents Offered by Royal Securities Corp. share. per Henry Smith Purpose, for acquisitions, development expenses and v/orking capital. Laird, Co.; Hooker & sold. Leaseholds, Inc. 300,000 shares of common stock (par 50 cents). Purpose, for development expenses and working capital. Price, $1 per share. Of¬ fered by Charles J. Maggio, Inc. "as a speculation." cent). (par one & Stivers & OIL 600,000 shares of common stock 300,000 Northwest Uranium Corp. Co.; & Hawkins Miller Saunders, Oil Dakota-Montana $300,000 under¬ (58,694 > Brothers; Bear, Union Securities Co.; & Frank Knowlton & Co.; $28,414,706 Exploration & Production, Inc. 500,000 shares of capital stock (par 10 cents). Purpose, for equipment and improvements. Price, at par. Offered by company to public, without underwriting. shares Lehman Inc.; Langley & Co.; Irving Lundborg & Co.; Model, Roland & Stone; New York Hanseatic Corp.; Wagenseller & Durst, Inc.; J. R. Williston, Bruce & Co.; Baumgartner, Downing & Co.; Byrd Brothers; Carmen & Co., Inc.; City Securities Corp.; Davis, Skaggs & Co.; Janr.ey & Co.; Wm. C. Roney & First Loeb and & Fenner Oversubscribed. Boyce. Co., C. El worthy Co.; Marshall; Revel Electrical Instrument Corp. 107,055 shares of stock (par $12.50). Purpose, to repay bank loans working capital. Price, $18 per share. Offered by company for subscription by stockholders. Unsub¬ scribed shares (5,229). Underwritten by Merrill Lynch, Beane; Blyth & Co., Inc.; The Boston Corp.; Harriman Ripley & Co., Inc.; Kuhn, & Co.; Smith, Barney & Co.; Clark, Dodge & Co. Mineral & Dempsey-Tegeler Shearson, 50,000 Unsubscribed 8£ W. Ryons & Co.; Mason-Hagan, Inc.; Sills, Fairman Harris, Inc.; William R. Staats & Co.; Suplee, Yeatman & Co., Inc.; J. Barth & Co.; Brush, Slocumb & Co. Inc.; for Pierce, Hammill & Co.; A. M. Kidder & Co.; Wurts, & Co.; Friedman, Brokaw & Co. and Stein Bros. Blyth Co.; & pre¬ Weston W. D. Co.; Weld & White, Co.; by Corp.; Dean Witter & Co.; A. C. Allyn & Co., Inc.; Central Republic Co, (Inc.); R. W. Pressprich & Co.; Ferris Si Company; Fulton, Reid & Co.; Halle & Stieglitz; H. Henta & Co.; Mackall & Coe; Stroud & Company. Inc.; J. M capital stock (no par). units of one preferred and five common for new capital. Price, $200 per unit. public by company, without underwriting. to and Co.; Hecker & Co.; Baker, Weeks & Co.; Sherrerd; Cyrus J. Lawrence Securities Corp.; & stockholders. written capital & Gradison Butcher Corp. 568,665 shares of common Purpose, to make additional investments $5). Stearns Purpose, Offered 1,926,990 Utilities purposes. common in $10), (par 2,253,818 Beryllium Corp. 88,385 shares of common stock (no par). Purpose, for capital improvements. Price, $25.50 per share. Offered by the company for subscription by com¬ mon stockholders, i Underwritten by Francis I. duPont & Co. Allen by Lester, ferred " employees. and underwritten England Electric System 828,516 shares of common (par $1). Purpose, for construction programs of Price, $12 per share to stockholders and to public. Offered by company for subscription by .$13 S.) shares. Uranium Corp. 232,000 shares of common stock 10 cents). Purpose, for exploration costs, etc. Price, per share. Offered by Luckhurst & Co., Inc. stockholders (3,150) stock Corp. Co. 750 shares of 5% cumulative (par $100) and 3,750 shares of common (G. Suppiger $290,000 Atomic , subsidiaries. for. ETC. COPPER. COAL, (par 110,000,886 New to company). debt and for working capital. Price, $6.25 per share. Offered by company, for subscrip¬ tion by stockholders, without underwriting. All subscribed t ^ T repay bank loans and for general cor¬ Price, $23.50 per share. Offered by for subscription by common stockholders, with¬ underwriting. Merrill Lynch, Pierce, Fenner & Beane acted as clearing agent. Offering was completed. Purpose, for cents). * out to repay short-term Purpose, $75,057,202 STEEL by Television & 10 (par shares Public porate Purpose, for working cap¬ 97,425 SoundScriber Corp. 15,588 shares of 150,000 IRON, stock common r in subsidiaries and ; 10,000 shares of working cap¬ at market ($1.90 per share net to company). Wright, Wood & Co. All sold. , Electronics 19,000 Skiatron preferred loans. Price, r company 15,000 shares of Corp. Television & 10 cents). (par Price, at market ($2.12. Vi per share net Offered by Wright, Wood & Co. All sold. ital. stock (pair $251. at par to stock¬ holders and $25.37'/a to public. Offered by company for subscription by common stockholders. Unsubscribed shares (19,412) underwritten by Harris, Hall & Co. (Inc.); The First Trust Co. of Lincoln, Neb.; Eastman, Dillon & Co.; A. C. Allyn and Co. Inc.; Julien Collins & Co.; Beecroft, Cole & Co.; Estes & Co., Inc.; The Small-Millburn Co. Inc.; Uhlmann & Latshaw. Inc.; Martin Investment Co., and Electronics stock common convertible reduce bank to Purpose, stock » .Monday, November 9, 1953 . sold. General Aetna Securities Corp. by 31,875 Skiatron shares of 78,202 Inc. Co., Telephone & cumulative 5>/2% V 13,363,628 50,000 shares of 30-cent cumulative convertible preferred stock (par $1). Purpose, for expansion and working capital. Price, $5 per share. stock common in All . r—r~.— for subscription by Unsubscribed 250,000 Russell Reinforced Plastics Corp. 3,159,476 Texas Illinois j . company 218,180 Rogers Corp. 10,909 shares of class B common stock (no par). Purpose, to repay bank loans and for working capital. Price, $20 per share. Offered by company for subscription by class B common stockholders, without underwriting. (Continued from page 9) ■ Markets, Inc. Purpose, $10). Price, purposes. shares of 6rk preferred working capital and other Offered by company 25,000 for at par. to public. . . 300,000 Famous Foods of America 300,000 shares of common stock (par 10 cents). Purpose, for working capital. Price, $1 share. per Offered Loan cumulative of « 267,500 share Price, Himme; West a specu¬ of Pittsfield, Inc. 19,638 shares of 1%-' preferred stock' (par $11) and Co. of of $15 class A each per & William Winslow, common class of share. scription by stockholders. & "as convertible shares one sion. Co. »- 294,570 Federal 19,638 Weber-Millican by lation." N. Inc.. stock stock. (par $1) in units for expan¬ Purpose, Offered by company for sub¬ Underwritten by Simon, Strauss Inc.; and Chace, Whiteside, All subscribed for. Pope, Friendly Finance, Inc. 21,400 shares of 67c cumulative preferred stock (par $10) and 21,400 shares of class B common stock (par $1) in units of one share of each class of stock. Purpose, for working capital; Price, $12.50 per & unit and accrued dividends. Co. •Represents issues placed privately, tlndicates issues sold competitively, tlndicates special offering. Offered by W. L. Lyons Volume 178 Number 5271... The Commercial and Financial Chronicle (1775) 180,000 Government stock (par share. per stock Fire (par $16.50 & share. per Offered without Investors, par). Casualty Purpose, $10). stockholders, Israel Co. shares 28,000 for of cents). shares. 14,886 Purpose, shares for Issuable Offered of (par $50) capital. exercise of to and certain shares $60 unit. per Inc. "as 296,000 Square com- M. Month End. Sept. 30— Co. . 3,000 shares share. per 12,000 of common Offered by Blyth shares share. per Chace, Whiteside, Scranton & Price, Co. Co. $14.75 Securities of common Offered by Of¬ & by stockholders. Under¬ States West All 12,500 share. per Corp. & Winslow, Burnside & A Co., common stock , Offered by Stone & Oversubscribed. Co., Inc. 37,000 shares of Radiator Corp. 13,125 shares of common $1). Inc. Price, $8.75 per share.. Offered by and Bear, Stearns & Co. Completed. Sunrise Supermarkets Corp. 20,000 shares of (par $1). Purpose, for expansion, stock common equipment and working $7,25 per share. Underwritten by Estabrook Co.; Childs, Jeffries & Thorndike, Inc.; Battles & Co., Inc.; Chace, Whiteside, West & Winslow, Inc., and Chas. W. Scranton & Co. All sold. Blyth Western Natural (par Gas $30). Co. 7;030 Purpose, for shares of 5% preferred Net ry. from Net ry. —V. (par & $10). Price, Completed. Co. $43.62>/2 Stanley & share. per & Co. 14,900 Price, $21.80). $35 per Co. of common Offered of capital stock Offered by Morgan Oversubscribed. the Co., (no Soya par). Co., Price, Forgan & Co. 234,375 Chicago stock & par). Inc. shares share. per of Offered Illinois RR. Price, $18.75 Bear, and Stearns 12,500 shares share. per & Co. 676,275 Consolidated by A. C. Grocers (par Corp. $1.33>/3). Allyn 498,525 Continental & Co., Price, Corp. Price, $20 Fenner of common by Blyth Great Western stock 6,900 (par shares of Blyth Corp. of & Equitable Offered by M. Kidder (par Lynch, shares (about of $1.50 common per Lane, son, 999,216 $18 shares of share. per Space Shields & Co. & Co.; Inc.; Hirsch The stock common & Co.; wood; Bass & H. & Co.; Agee Sills, Francis & & Co., du Inc.; Leach; Fairman I. Atwill & Pont Piper, & Stringfellow; Kenny Brush, Slocumb Richard W. Co.; Co.; Inc.; Loewi Jack Alex. & Stein & Lewis & Co.; Mullaney, nolds & Corp.; ' Co.; Louis Wells Co.; Bond Southern Investment Co., Inc.; Inc.; Herman Bensdorf & Co.; Co. Inc.; C. F. Cassell & Co. Inc.; Corp.; Julien Collins & Co.; Hancock, Kroeze, McLarty & Co.; McDaniel C. McClure & Co.; Mead, Miller & Co.; & & Co.; J. Peeler Lee (M. A.) Co. 2,600 shares Price, $64 (par $10). & Co., Inc.; Rey¬ Shropshire & Co.; Smith, Bishop & Co.; Co.; Sternberger & Co.; Vance Securities St. Denis J. Villere & Co. 166,400 Hanna and Co. Curtiss, per share. and of Wiley Bros., Inc. class A Offered stock common by Clark, Dodge House Co. & Co., Inc. 37V2 Price, $15 per the date tenders of Dec. cents of 1986. p. share/ Offered common Glass (par Price, $12.50). Sachs .& man, Co. 5,000 $70.75 of a new sales office in Rapids, Mich., to handle the including mill products, plumbing, 177, 105% of be must 1953.—V. 178, by Ball, From Gross the per shares of share. Offered common Co. by Jan. Net ry. 51 has available $264,127 p. at the office of (no & 117,000 Portland stock & Co., General (par $18.62V2 Inc. $15). Blyth & Co., Inc. 12,600 shares per share. Completed., Electric Price, trustee a dealer's discount of unsold balance was Co. $29.25 of common Offered by stock A. G. . 4,000 per with¬ of share. Offered common by the 1951 1950 $122,603 $141,909 6,864 Gross from Net from Net ry. Net Gross "9,081 •11,627 35,597 91,049 57,813 41,944 Net from Net ry. • to 45 1953 SEC for 1952 for 410,405 31,751,199 3,912,754 27,850,664 1,120,306 899,212 284,674 364,886 32,230,654 & exos. income $5,118,210 4,368,806 taxes $749,404 $719,483 $3,568,662 Dr35 514 24,235 15,220 $749,369 $719,997 $3,592,897 $3,188,937 221,669 941,580 756,431 $2,651,317 $2,432,506 30,000 $498,328 30,000 120,000 120,000 155,347 155,347 621,389 581,138 net inc. of divs. stock— $332,359 $312,981 2,259,642 1,972,460 $1,909,928 2,259,642 $1,731,368 outstand'g share $0.15 $0.16 $0.85 $0.88 com. per com. share. per ten shares price held to are It was the on be 1951 1950 $161,000 $244,000 $228,000 "SI,387 "192,134 "28,514 "23,656 "275,341 "100,292 "83,706 2,114,000 1,760,000 "781,472 "250,707 "422,272 "1,374,571 "841,327 "954,521 178, plans Canadian to offer Ndt record from from ry. From Gross Jan. from ry. 1953—9 Mos.—1952 $ 6,879,000 23,991,000 Central 1952. ry. Net Net " oper. Jan. $302,818 "19,223 "30,149 "22,193 3,675 "67,073 "96,297 "86,221 5,090,467 4,805,381 3,828,889 798,144 866,681 1,096,696 603,431 356,187 "145,268 income— 247,699 44,718 1270. 1952 1951 1950 $223,776 $235^58 $210,628 "5,282 21,775 18.421 "173,944 "70,482 "48,281 "48,888 178, p. according about of the Lo new a al o company our be the used to the the of provide contemplated for purposes sale middle at portion a construction payment which additional of of Nov. of 1953, tla progra a. temporary 1, com¬ bar i amounted 1798. p. Illinois Light Co.—Stock Offering—Mention issue of Nov. 2 of the offering to stock¬ Oct. 27 of 100,000 shares of additional stock at $36.50 per share on OFFERING TO regular one-for-nine basis a by Union Securities Corp. and associatej. EMPLOYEES—The employees privilege of of common such company (including subscribing per stock, person subject has officers) for not the full- company the offered of the more to than 100 shares to allotment, at $36.50 per share, the 100,000 shares as are not sub¬ such of 2,036,702 "326,738 "957,473 1270. portion, if any, of for through the exercise of rights. Employee subscriptions are subject to the availability of shares and will be reduced proportionately (based on number available, except that the company may give priority to subscriptions up to five shares. company has made arrangements with Commercial National amounts exceeds Bank subscribed for) if the number of shares of Peoria, Peoria, 111., for loans by such bank to employet.4 by individual unsecured promissory notes, for not exceeding months,, bearing interest at the rate of 5% per annum, in amount! up to 90% of the subscription price of the shares subscribed for by them respectively, and the company will pay the service charges 24 to be will not shares any exceed $1.50 purchased per under share) this individual obligations of employees CAPITALIZATION GIVING of such bank arrangement. not EFFECT series 2,028,773 75,041 "199,764 "688,845 "532,572 "768,842 (April 1) TO PRESENT series due (Dec. 1) Outstanding (Dec. 1) $9,376,300 1979 series due 1981—— stock "Not respect notes wiil FINANCING 1963 2%% cumul. (par 12,500,000 8,000,000 $100) 250,000 shs. preferred stock 111,464 shs., (no 1,672,493 "90,508 due 314% Pfd. with Such guaranteed by the company. mortgage, bonds— 314% Common 2,008,155 subscribed the to evidenced 4Vir)o 1— Deficit.—V. 177, will provide such is underwritten "First "92,561 railway railway— oper. income— bonds sub¬ Webstbr managers. shares the and Authorized Vermont—Earnings— $223,554 income mortgage stock, 15,000 par; and & dealer an (which TITHIM 1953 from ry. 1950 $335,940 railway—i from offer date Stone oversubscription privilege which is subject to subscription rights of employees). Rights to stockholders will expire at 3:30 p.m. (EST) on Nov. 13. The offering The 1951 $384,902 5,271,432 railway railway for made in common Maine—Earnings- $401,739 September-- From 29,152,000 42,312 from record the as common to $100 from present and to holders of record determine 1953 178, p. day. for Canadian Pacific Lines in Net incurred out income— Deficit.—V. same scribed 472,410,000 1— oper. from $ 1566. railway first The amendment. named the of stock, company shares and $1,000,00.—V. was the preferred company 50,711,000 505,541,000 Pacific Lines in oper. to required for the the 57,590,000 529,532,000 501,562,000 railway from and funds 55,892,000 railway- date. by are proposes preferred $4,000,000 of proceeds 59,797,000 September— Gross the Exchange Commission— 1954. time 1953- -Month—1952 and 1,972,460 Further details follow: 3,905,000 1466 pp. completed and supplied the company cumulative England—Earnings- 1952 $202,000 1,962,000 $3,173,717 231,663 of to 2,034,000 1953—12 Mos—1952 $4,904,650 $21,055,486 $20,378,930 4,185,167 17,486,824 17,205,213 $517,706 stock for 3,188,279 Corp.—Earnings— 1953—3 Mos—1952 _ prospectus, 456,637 $ —V. 4,979,666 2,123,398 3,050,158 _ shares loans 449,436 revenue 187,080 * series Canadian National Rys- -September Revenue Off— Net 1950 $3,157,789 478,494 223,405 income— income each 494,304 " 1,149,492 Oper. expenses——; 1951 $3,111,723 company on Oct. 30 filed a registration statement with the covering 70,400 shares of common stock, $15 par, to be offered subscription by common stockholders at the rate of one new sha.a 483,438 1270. — 178, 604,611 deductions (with revenues gas This of Period End. Sept. 30— Opev. bottled gas, Phillip I. Blumberg $3,453,159 32,860,229 6,641,455 revenues cents •44,576 " 145,858 p. and 576,504 Registers With Securities 1,065,277 — 178, Ewart Central Illinois 23,997 1953 income piped promoting Mr. Electric & Gas Co.—Secondary Offer¬ ing—A secondary offering of 2,500 shares of common stock (par $15) was made on Oct. 27 by Blyth & Co., Inc., at $27.62 V2 per share, with a dealer's discount of 1,187,580 railway- oper. Deficit.—V. New STOCKHOLDERS INCREASE—In the recent offering of 20,000 shares of common stock to the company's employees, 316 out of the 1,253 eligible employees subscribed for a total of 17,824 shares. Of these subscribers, 163 were new stockholders, increasing the num¬ ber of employees owning common stock to 36%. of total employees, and the number of those owning either common or preferred stock to 42%-of total employees.—V. 178, p. 1271. 7,186 1270. - located EMPLOYEE 1,167,813 V! railway from Co. all Kinston, "Required by order of Public Service Commission. 58,066 1— from Light year—are $3,370,052 1271. p. Earnings 1,335,770 income Jan. new 1— "Reservation 720,222 railway oper. From & Co., the Ry.—Earnings- Operating income Nonoperating income mon railway—_ be drilling Gas and Fayetteville, B. income.— oper. 178, 62,765 p. York; last of Central Hudson Gas & Electric the 1952 - 178, Tidewater to Power merger cities to Corp. ancl Allen & Co. Immediately following the sale $146,909 Canadian National Lines in New Gross shares Carolina in.a in addition railway railway from ry. scription RR.—Earnings- income cper, Deficit.—V. Gross - Light Co. Price, par). Becker the 2450. 1953 * the Colo. for 1— September— " stock Alex are Jan. Net —V. Bal. $149,976 railway railway from & Gold¬ In from Com. fund gold bonds due April principal amount and interest received 177, The - from Net (par Burge by Co. directors in addition railway--— railway Preferred p. ,1665. 1899. p. share, with per share. income with cents);to Denver, exploration, Wall St., New midnight Nov. 6. opening Telephone Co.—Secondary Offer¬ of 5,000 shares of common was made on Oct. 27 by J. S. Strauss railway railway oper. properties gas sold. oper. From Gross offering from Net 234,675 Pacific Power ry. Grand Kraus. t353,750 Owens-Illinois Net Income 178, p. 478. September— Gross to 35 at Securities Net stock Power Carolina from Gross New Office— sale. bonds 3, per drawn.—V. Net 110,250 Lamson & Sessions Co. 7,350 shares of $10). 173, Inc.—Earnings Higher— than more secondary stock (par $12.50) & Co. at $16.12 V2 Net Completed. 63,750 Huse-Liberty Mica Co. 5,000 shares of common stock (pas $5). Price, $12.75 per share. Offered by F. L. Putnam & age.—V. California Water & Net & of Buildings Co.-r-Tenders of Bonds— ing—A M. Brown Co.; Ayres, Clarke Blackstock Southern & the in extrusions.—V. not from Bullington-Schas.& Willis, company and Chairman of its attack at his home in Belmont, Co., New York, as trustee, first mortgage 50-year sinking of before or ry. Co.; Carlson & Co.; Carolina Securities Corp.; Cruttenden & Co.; DempseyTegeler & Co.; Elder & Company; Emanuel, Deetjen & Co.; Mid-South Securities Co.; Rowles, Winston & Co.; Scott Sealed on Inc.; Goodbody Jaffray & Hop- and Harris, & its Ewart, this years announced to Net Boyce; Varnedoe, Chisholm & Co. Inc.; Shelby Cullom Davis & Co.; Alester G. Furman Co.; Security Associates, Inc.; Shearson, Hammill & Co.; J. W. Tindall & Co.; Branch, Cabell & Co.; G. H. Crawford Co., Inc.; Doolittle & Co.; Lewis and Co.; Mason-Hagan, Inc.; Mc-. Carley & Co., Inc.; Edgar M. Norris; Odess, Martin & Inc.; of heart 68 Building at Net Co.; John¬ & Herzberg, of was Co.—Obituary— Trust 1960, & Co.; Robinson-Humphrey Clement A. Evans & Co., Hilsman Sterne, & Sons; Bros. i & Sons; J. 1, by Pierce- Co., Inc.; Johnston, Lemon & Co.; Russ & Company, Inc.; Scott, Horner & Mason, Inc.; William Blair & Co.; Boettcher & Co.; Clark, Landstreet & Kirkpartick, Inc.; A. G. Edwards and five Co., attorney.—V. Operating Operating share). Underwritten Water operations. from 3,835,516 Cambria & Indiana Co. Co.; has Square sheet purchase $1). Pierce, Corp.; R. S. Dickson & Co.; White, Weld & Co.; J. C. Bradford & 4,295,458 , stock Merrill Securities Carrison Corp.; A. 4,123,300 President Bush Terminal Co., common capital stock Merrill 45,000 market at Price, 4,941,931 died He incident expenses & 5,636,849 Perkins, President, on Oct. 27 announced earnings for the fiscal year ending July 31, 1953 after all charges and taxes of $1.35 per common share, on 281,614 shares outstanding. In the previous year, earnings of $1.06 per share were reported on 256,013 shares then outstanding. The company fabricates a wide range of magnesium items principally Irving of share. Offered common by Oversubscribed. Insurance $2.50). 8,172,500 Howard from Offered by Steele & Co. 17,985,888 Gulf Life 569,179 18,020,013 ■ by per share. per Offered Price, 620,621 22,271,426 Beane. Petroleum $1). (par 1,001,399 18,679,926 6,543,337 stock 545,625 Fidelity-Phoenix Fire Insurance Co. 7,500 shares of capital stock (par $10). Price, $72.75 per share. Offered by Merrill Lynch, Pierce, Fenner & Beane. Completed. 67,500 752,603 Bridgeport products, goods, copper water tube and pipe.—V. accrued shares share. Beane. of common shares $15.871/2 Co. $72.25 7,115 per & Glore, Inc. Lynch, Pierce, Fenner & 142,300 Ferro 42,600 Price, Insurance $10). by Offered Inc. (par stock Completed. 165,000 Colorado Interstate Gas Co. 5,000 shares (par $5). Price, $33 per share. Offered stock capital Completed. Eastern & (no Co., 12,300 $29.75 1,268,212 10,054,778 3. notification (par 1370. $2,687,298 958,412 Brooks & Perkins, •E. Inc. $2,882,503 1,843,312 all of brass Inc. Central $3,452,627 income— company Federal sales 101,500 California Oregon Power Co. 4,000 shares of common stock (par $20). Price, $25.37V2 per share. Offered by Blyth & 365,925 / 1950 Bridgeport Brass Co.—Opens Bache shares share. sold B. operations North be Net Nov. of stock Forbes Washington and Wilmington. newly-formed Tidewater Gas Co. of which Mr. Ewart is Presi¬ and Treasurer, will direct five subsidiary companies devoted to also stock by has over Tide Net 23,610,421 Committee, on letter a common through mining claims. Central of Georgia 1,635,544 Rogers Benton, The 521,500 Anderson-Clayton (par shares pay September— 1951 Boston Mutual Life Insurance Jay 20,000 to Period End, Sept. 30— Mass., of properties—acquired old p. 1952 railway oper. filed share Andrews of Raleigh, manufacturer's representa¬ tive; W. Henry Belk Simpson of Greenville, S. C., partner in the BelkSimpson stores chain; and Robert Szold, New York $3,076,846 railway of Clifford Eastern 178, p. 1270. . Finance Co. by local working Issues Not Representing: New Financing Cyanamid 1953 income— oper. 28 shares per are company took the Corporation and railways— from Net $20,345,723 t$872,500 American This dent From Jan. 1— Gross 18,805,277 The Bessemer & Lake Erie RR.—Earnings— capital, etc. Price, Offered by company for subscription by employees. at par. proceeds headed Gross September— Gross from railway cents development owners (Continued from page 2) & stock net These Investment News Net- from 17,871,302 Co., Farmington, N. M.—Files With Oct. on 1,200,000 10 (Secretary) General capital. Price, 210,900 at Tidewater 50-cent Factors Corp. 15,000 shares of common stock Purpose, for working capital. Price, $4 per share. Offered by company to. public,, without underwriting, in connection with offering of $250,000 of debentures (which company will Standard 3,106,750 Carolina Power & Light Co.—Sells Gas Properties— new Market 2,783,471 common stock see). ■ The in equipment and working capital. Offered by Whitney-Phoenix Co., 335,363,817 320,444,348 1270. p. covering and (par $1). i The offered Bern, v 339,249,625 35,966,283 earnings— 178, SEC •Represents issues placed privately, tlndicates issues sold competitively, tIndicates special offering. Inc. convertible $ 353,235,119 36,543,209 Capital Uranium the B. $ ,39,073,033 Securities and Exchange Commission— Inc.; of sold, shares $24,733,582 participating preferred stock (par $7i. Purpose, expansion and working capital; Price, $8 per share. Underwritten by Auchincloss,. Parker & Redpath. All sold. • Net -V. & $5).- (par Co., 1953—9 Mos.—1952 $ earnings Working expenses stock Blyth 1953—Month—1952 39,326,680 Gross Price, $13.50 per share. Offered by Carl Rhoades & Co. and Chaplain & Co. Completed., Loeb, stock for 145,000 Canadian Pacific Ry.—September Earnings— Of- Corp. 20,000 shares of coinmon Price, $7.25 per share. Underwritten Co.; Childs, Jeffries & Thorndike, Inc.;' & W. (par cumulative 60,000 Inc. Production $5). 114,844 United speculation." a Deal Chas. stock com¬ share. per of share. tl01,250 United Engineering & Foundry Co. 7,500 shares of stock \ share. per by Light $8.75 $ 1). • Coi; & Webster (no Purpose, common speculation." $1.25 preferred Offered shares per Supermarkets (par (par Co., Price, 184,375 Tennessee 149,000 shares of common stock for working capital. Price, $2 293,750 Selevision, Inc. 235,000 shares of class (par $1). Purpose, for and per stock 25,000 $31.62y2 Completed. Estabrook Battles . & Price, $23.25 Arms $1). Inc. stock options stock. Inc. Price, Inc. Co., Inc. 145,000 Sunrise underwriting. share. Offered by .Mortimer Price, Co., Co., employees. common class of Indiana, par). & $10). (par 105,000 Remington 50 $11.50 cumulative S.), Inc. 52,867 shares of Purpose, refunding. Price, $5.50 298,000 Rockhill Productions, Inc. (par 10 cents). Purpose, a & to (par purchase and of of each Price, without stock of (no , Blyth Sound vPower stock - (no company Price, stock officers fered by company for subscription written by Fulton, Reicl & Co. per "as by (William $1). (par etc. public 5,000 share one loans, to pany 290,769 Moore 69,750 Puget subscription by .common working upon company par) in units of repay stock by (par 300,000 Mayfair Markets 5,000 shares of 6% stock moh fered by Basket granted by 10 Co. - Price, unit Service ' ' ■ Price, Inc. per Market ., 790,625 Public capital capital. working of without underwriting. to common 86,960 shares of common stock for investments in Israel enterprises. Purpose, share. - shares by company for public, , of underwriting. $1,150 171,189 12,000 Offered Interstate 10,000,400 Corp. Purpose, for working capital. Price, $15 by company for subscription by com¬ stockholders, without underwriting. mon 462,000 Employees $5). 11 par value) limited except as set forth in the UNDERWRITERS—The Securities Corp. as their underwriters 1,500,000 shs. 1,000,000 shs. mortgage securing such bonds. named representative, below, have through severally Union agreed to 12 The Commercial and Financial Chronicle.. (1776) set shares such of Net ry. ™ Gross Weld & Co.___ — A. C. Allyn & Co., Inc. also V. 178, Net 10 — - 1666. p. Power Commission Federal The this to —V. has granted temporary and construction the for company to The 174, ry. Gross Central ,Ke Net Set Deficit.—V. Net 904,163 491,695 o52,o73 Net ry. 89,979 >258,582 116,434 —V. 9.4(>0,236 4,541,555 3,668,788 >2,488,632 >3,115,271 >2,331,713 Net elected been Vice-President.—V. from Net —V. from Net from Net ry. railway railway 99,798 income.— Jan, 236,110 - • oper. 1951 $17,825,150 $17,523,976 2,970,855 3,885,324 2.828,227 1,343,602 2,167,645 150,222,710 149,983,333 19,570.031 16,463,296 15,714,248 1950 $876,000 138,009 14,176 income— 4,272,944 2,422,848 2,408,524 Net ry. , from Net ry. income oper. 178, 8,629,000 1,481,812 557,034 8,290,000 1,132,787 212,795 8,794,000 1,864,978 661,335 railway $16,292, 343 ry. Prov. - - before for income 1952 1953 Sept. 30— sales Proiit taxes 1950 Gross $15,044,011 $16,490,672 Net 4,943,762 Net ry. 7.91,444 2,284,833 158,245,096 Canadian and S. taxes 3,492,081 3,173,375 $2,983,931 U. $2,814,686 $1.83 $0.73 $1.73 $0.73 income on 43,105,096 145,660,612 31,176,256 17,898,795 10,220,531 » income Earnings per 9 3 months —V. 178, offices share: common months ended Sept. ended Sept. 30 30 —— 567. p. 33,603;597 1952 1951 Net ry. $3,166,349 $3,365,922 618,327 642,800 1,000,986 Net from 179,755 178,498 595,971 Net ry. 25,087,167 24,726,920 1,791,610 >1,277,886 Gross >687,212 1,520,588 644,233 3,741,747 $5,631,799 1953—9 Mos.—1952 $5,645,917 $16,396,245 $16,183,819 >26,960 415,307 149,138 664. Net 1951 1950 $495,659 $389,086 50,497 75,248 76,522 82,045 features 43,773 51,059 36,883 42,385 that from railway ry. oper. income— Net Prom Gross Jan. from Net ry. —V. railway 5,306,434 4,894,031 4,855,065 811,226 1,112,487 437,668 502,895 378,482 '. Chicago, Burlington Certificates ciates & • ■ ~ - 'J" ' .: Offered—Kidder, Peabody & Co. and asso¬ Gross Net ry. public, subject to approval Commission, an issue of $5,400,000 2%% equipment trust certificates at prices to yield from 1.90% for May 1, 1954 maturities to 3% for maturities of Nov. to the group on 1, Nov. 4 on 1968. The issue was Co. ry. —V. FOR September— AND FIRST NINE '' Net ry. Gross Gross from Net from Net ry. 1951 Net ry. 2,619,019 3,024,172 1,886,856 194,215,087 58,579,534 51,999,673 194,612,460 53,713,033 income.— 23,231,424 19,882,873 20,614,384 >■ •. ry. 4,412,909 from ry. 1953 1952 railway—,. railway $3,010,509 655,831 income— 335,396 oper. From Jan. 1— Gross Net from from Net ry. —V. . Net from ry. Prom Gross 3,105,050 , '2,246,700 ( 2,346,903 railway $3,100,400 $2,750,000 931,911 680,026 386,773 293,133 235,017 railway railway—-. Net 1 Peet Q75'745 ry. 26,184,805 7,791,088 25,256,115 2,153,990 22, from Net * ry. • 29,718,214 - 14,237,249 10,917,810 10,556,537 11,015.307 6,488,141 4,710,222 4,300,638 5,650,559 * • '• 1,682,735 • income..J 570,876 1271, 239,780 >193,949 103,244 *: . ' of be Columbia carried the by on Broadcasting is engaged receivers with ' organization same System, the in plants Inc. under manufacture in the Brooklyn sale and and as di¬ a designation of radio Island Long Weeks 52 i . Provision Net and City, taxes income share of $2,246,000 1,207,000 1,443,000 (estimated)__ —a per June 30,'52 $2,149,000 taxes profit- I -.ill -,-••• Subs.)—Earnings— June 27,'53 income for 'Earnings (& Ended— before Profit '• • . The comparative stock $942,000 — stock common of shares earnings dividends stock common $803,000 $0.99 which was outstanding share per calculated are June on 27, of $0,78 - increased after pre¬ amount ot June on 1953 stock common the on outstanding of shares outstanding on June 30, Columbus & Greenville Gross 27, 1953. The number 687,436 and the number was 1952 was 670,669.—V. 177,-p. 2567. from Net ry, 1951 1950 7,709,645 6,399,046 6,837,758 7,285,478 5 955 287 Ry.—Earnings— 1953 1952 1951 $175,753 $203,091 $147,006 $142,327 — 32,033 87,486 9,534 >18,015 income— from Net 6,429 34,453 2,792 3,86* 1,551,051 1,365,113 1,486.444 1,383,148 339,401 2,242,213 160.810 71,905 118,681 77,256 40,107 >9,673 railway railway 1950 ' oper. from Net 1952 7,612,505 Sept. 30— 1953—3 Mos.—1952 from Net ry. 1— railway railway income— oper. 'Deficit.—V. $1,806,633 1953—9 Mos.—1952 $19,055,370 $17,000,801 — inc. 178, p. Commercial 851. Credit Co. Private — $58,014,625 $48,756,988 1,259,495 6,780,138 3,318,012 unsecured 978,627 611,933 3,900,119 1,571,319 —V. 178, p. 664. — subordinated 13-year notes in like $863,527 sh to $144,995 goods in sold the $2,880,019 $0.68 by the $1,746,693 $3.32 company mill to $1.76 converters, third quarter and $1,532,444 for the ended Sept. 30, 1953, and $404,367 in the third quarter for the nine months ended Sept. 30, 1952.—V. 178, p. 567. * ' " $647,562 $0.98 greige - — A. E. amounts. ., ' - com. Placement Duncan, Chairman, on Nov. 3 announced that the com¬ pany has arranged for a $20,000,000 3%% 13-year unse¬ cured subordinated loan from one of the larger insur¬ ance companies. Of this total, $15,000,000 has been received, and the remaining $5,000,000 is evidenced by two unsecured short-term notes, which, it is anticipated, will be exchanged during the next few months for 3%% 1,842,154 taxes— in common Co. Co. stock in This and view change • Consumer Credit Corp., Tampa, Fla.—Stock Sold—The public offering of 300,000 shares of class A common stock (par 10 cents), which was made on Aug. 3 by Eisele & King, Libaire, Stout & Co. at $1 per share, has been com¬ pleted, all of said shares having been sold, it was an¬ nounced on Nov. 1. See details of offering in V. 178 p. 479. - on the New York Stock ; change was of approved name by from the Colgate-Palmolivestockholders on April (net)— INCOME ACCOUNT 19-53—3 Mos.—1952 " 65,113,379 38,107,251 expenses, taxes » 6,884.165 $ -9 Mos.- 839,742 1,958,917 3 -640,114 :'■ ^ operations from foreign 320*744 1,812;056 Total net Earnings per p. com. 383. for be $ for 27,779,046 83,761,119 78,437,009 21,802,026 72,092,088 65,407,015 2,198,866 3,336,626 6.441,848 7,129,575 Jan. 6, ten shares underwritten on Jan. 1954 1954. 4, and it is the record employee 1 price 679,436 be Bids the that date stock determined for expected on the the Jan. Michigan shares basis .of i\ 1954. of ono • Th« subscription plan is . . will with additional subscription at an application offer by the company and an¬ underwriting will be opened subscription rights will the on ex¬ 1954. announced company financing The and an to for held .. pire Jan. 22, The filed 30 authority shareholders subscription nounced $ 65,685,553 199,313,109 188,990,403 37,906,507 115,551,990 110,553,394 its construction construction that $55,000,000.—V. 178, the program for program proceeds and 1954 is will be used toward for other corporate purposes estimated at approximately 1666. p. Crown Western 1,663,094 2,640,394 5,227,183 5,900,419 434,359 2,296,337 893,580 2,439,518 share Oct. on to each 3,074,753 7,523,520 6,793,999 ters With divs. inepme —V. 178, stock will The 1952 776,424 * Ipc. 7,558 039 149,156 , Commission share Net inc. from domestic 489.303 258 479 .. company S. common included. 1953 23,144,168 etc P. sale * sales Cost of sales Consumers Power Co.—Plans Offer to Stockholders— This Exchange $3.50 cumulative preferred stock of Colgate- of ' 1950 249,163 64,274 Unit Changes — Paley, Chairman of the Board, on Oct. 28 announced that previously carried on by CBS-Columbia Inc., a subsidiary, future From Jan. 6,641,046 months Domestic $967,821 4,939,894 178, p. 32,784,269 1271. Prov. for U. S. inc. 1951 $724,189 6,503,460 Deficit.—V. 33,318,149 27,006,128 1952 190,952; Income— System, Inc. Columbia Pictures Corp. 921,316 36,049,797 last.-- Oper. $616,397 $724,717 - railway— railway oper. 80,241 _ COMPARATIVE 7 046*146 2i675*559 1953 railway railway.. from Net 624,636 24 197 238 6,864 950 2,655,958 1271. oper. 1950 607,337 income— *439[o07 2,944,034 From Jan. 1— Gross than 1,618,280 15,021,486 include Palmolive $3 450 741 22,254,532 7,298,529 income.._ Broadcasting $3,725,911 677,227 Period End. Sept. 30— from from 1951 $3,289,119 Commencing Nov. 2, 1953, dealings were 1,065,649 railway. 232,132 2,637 457 1950 $2,979,673 580,643 212,872 Paley stated that the organizational change was made to sim¬ the over-all corporate structure and to permit greater integra¬ activities of CBS-Columbia with CBS, Inc. Mr. Paley pointed out that CBS Radio, which conducts all radio broadcasting activities; CBS Television, which conducts all television broadcasting activities^ Colgate-Palmolive-Peet Co.—Name Changed— September— Gross 1952 1,271,437 Colgate-Palmolive Co.—New Name Effective—^ J See Colgate-Palmolive-Peet Co. below. 5,338,757 - Chicago & Illinois Midland Ry.—Earnings— Net & Texas Pacific Ry.—Earns.— $3,643,953 ... 21,429,662 1,722,788- 572,146 232,964 plify 1666. p. 1,383,274 income and $610,538 3,204,484 p. 178, 17,501,181 nine 24,682,208 2,480.577 652,717 424,909 Y. > Firearrow."—V. 1953 p. . 2,020,222 1,081,675 September— taxes . 2,618,382 15,865 are 17,932,875 540,184 income—. income— 178, may 7,534,509 915,009 1271, oper. Firearrow but that there 18,528,098 per i 8,334 894,482 184,000 . 43,742 1271. CBS-Columbia 868,298 amounting > 64,03*. 47,051 1950 CBS-Columbia. of added $3,635,112 railway railway 'Sales 1— from the He 842,444 ' 245,495 6,222,166 Jan. ry. the 1953 /.,/ . income Earns, 1950 $230,01*. 105,146 1— oper; Income 1951 $289,539 93,569 styling car 764,790 803,838 6,547,961 oper. Net of sport design. 7.94,380 429,377 railway^— from Net —V. features car 873,573 $2,701,410 25,640,454 from blending passenger 795,148 bef. Net Chicago Great Western Ry.—Earnings— 1953 *•'. 1952 1951 Net possibilities of said Corpora¬ 810,203 sales Profit 1952 $280,199 118,598 income p. the vision the and $1,877,692 178, "Net 48,570,242 21,511,956 September— Gross termed $2,046,017 $2,695,076 27,470,971 p. Division, $2,074,908 9 Mos. End. 168,730,642 1951 $3,033,171 / railway oper. 178, general Cluett, Peabody & Co., Inc. (& Subs.)—Earnings— T>:r- • 1666. from Net Dodge styling of the future," continuation of Chrysler a engineering from —V. Chicago & Eastern Illinois RR.—Earnings- Net 12, magazine 9,457,704 September— Gross Nov. on and company's railway Jan. Net $23,519,827 5,163,603 207,591,471 p. time the Dodge production models, income— oper. from ' "1950 $21,686,958 7,793,198 railway railway..—. oper, 178, 1952 . $24,672,041 from Net first newspaper at railway— from . 6,598,690 - the American September— Gross , $23,994,937 income oper. From Jan. 1—~i —V. 1953 railway railway.. the 800 Clinchfield RR.—Earnings— MONTHS in Gross From SEPTEMBER from from design— awarded Wood Struthers -Earnings— $278,264 railway 178, will 1271 p. 928,929 1953 Columbia 1— oper. 2,909,711 740,903 1271. Mr. body car body to manufacture railwayrailway 178, Net Net and raiiway__,_ Jan. from bid 99.5275 for 3s.- EARNINGS Gross the future from Net and Inc., into ... Net Auchincloss, Parker & Redpath. ,-• Other bids for a 2%% coupon came from Salomon Bros. & Hutzler, ;who bid 99.3813 and Halsey, Stuart & Co., Inc., 99.32. Blair, Rollins & Co., sports party of represents railway oper. income^.- From Gross its bid of 99.439%.,t Other members of the group are Dick & Merle-Smith, & in from of the Interstate Commerce the President look styling plans from Met 3,215.896 1,439,293 _ p. CBS-Hytron, which manufactures receiving and picture tubes, previously been formed as operating divisions of CBS, Inc. rather as separate corporations, under the same pattern.—V. 178, p. 66* Septembers- , ; ••Ml 178, and for some press Cincinnati, New Orleans Quincy RR.—Equipment Trust 3,431,014 _ had explore reflected be 3,958,860 1,718,304 236,3«« in shown car contemporary "certain 10,082,14*. railway oper. ferred Nov. 5 offered to the on to 783,701 647,848 with >103,717 11,726,197 Mich. be entertains new vehicle to 268,646 11,550,610 of further efforts present no 3,640,674 1,200,925 —. approach 1271. p. from television new Newberg, prototype well railway oper. income 178, the tion's 1— from Net . 1952 $486,947 165,197 tion annual "a 1953 $509,097 597,011 1— the activities 1953—3 Mos.—1952 vigorous 1950 $1,493,53* 431,091 ; Status— Subs.)—Earnings- p. MONTHS $1,427,740 23,969,053 2,904,209 1370. p. NINE 557,649 income Jan. 5,037 (& Detroit, Firearrow Charleston & Western Carolina Ry.—Earnings— Gross may 947. p. 12,050,555 _ income— oper. $3,088,205 2,329,540 178, C. credit a company 178, '* 1951 421,906 railway railway from From 25.012.099 178, FIRST 1952 $1,537,592 from Net —V. experiment William that 1954.—V. $1,366,349 _ income— Deficit.—V. 448,738 income its provides 1, AND Colorado & Wyoming Ry. 1950 body styling, the 34-inch-high Firearrow is a sport roadster boasting, exceedingly clean and rakish lines. Built on a 115-inch wheel-base, the body was hand-crafted by Ghia in Turin, Italy. . September— from railway.— in An March 1— oper. $2,999,997 corporation at Guaranty Trust Oo. Ry.—Secondary Offering—A sec¬ 4,000 shares Of 4% non-cumulative September— Firearrow—will this writers the ."f 12,895,093 43,557 Dodge when Net of range industries. 129,611,284 48,519. 632 21,253, 126 1953 and ingot steel-consuining from 1953 '' railway— railway from 2,535,788 160,267, 784 railway railway bold the 1952. wide a its to 31, rated a 1954. which 1953 railway Jan. 4,763,565 loss A 5,988,001 6,476,012 —— 9, before SEPTEMBER FOR from 2,137,535 Chrysler Corp.—New "Idea" Car Introduced— $47,257,460 $44,244,568 - ; March railway- oper. From : 1951 from N. Net from $17,346,108 income oper. Dec. on has manufactures principal prior years outstanding to $14,000,000 under September— 1370. 'Profit.—V. (& Subs.)—Earnings— Certain-teed Products Corp. 9 Months Ended amount $20,000,000 EARNINGS 3,930, 044 — Net and year, America's five states, (par $100) was made on Nov. 5 by H. Hentz & Co. at $55 per share, with a dealer's commis¬ sion of $1.25 per share. It was oversubscribed and the books closed. "' 2,179,451 period End. Sept. 30— Net sales 1271. p. to up Net -Earnings— 1952 1953 railway Childs Co. _ 7,718,000 1,387,842 442,117 the dated agreement Gross 1271. 'Deficit.—V. for subsidiary seven 1567. increases borrow 4,312,763 railway railway from the to - from Net a in 17,245,247 From Jan. 1— 1951 $919,000 148,050 33,465 plants tons of many Roebling of wholly-owned a 14 company has borrowed $8,000,000 America on 3y2% notes due Sept. 2, 135,605,540 oper. members 11 first preferred stock 1950 1,488,722 income railway income from as with 2,466,000 p. William S. railway from Net —V. 4,622,179 from ry, Director— a all Colorado Interstate Gas Co.—Bank Loans— 1— From Grors $19,773,796 3,612,364 . oper. Net 1952 $1,017,000 319,192 215,232 $18,327,686 September- Inc.—Earnings- 1953 $999,000 178, Gross Gross September— 1952 153,860,001 178, p, Gross CF&I ondary offering of < . . Chicago, St. Paul, Minneapolis & Omaha Ry.— Earnings 50. p. 1953 railway Income from ry. reelect Colorado & Southern railway from Net to 7,392,768 ,11,932.252 10,279,882 9,120,163 income— 27 The of 1370. oper. Net 178, 33,472,518 oper, ry. Gross his father. Dale W, McMillen, Central Vermont Ry. Gross for From Jan. 1— Inc.—New Chairman Elected— has 181,829,167 27,738,360 September— Gross from railway 1271. McMillen 194,130,424 Chicago, Rock Island & Pacific RR. 3,972,o9J 3,903,133 Chairman of the Board who will continue to serve as a director and Chairman of the Finance and Development Committee. Harold W. McMillen was formerly Executive Vice-President. As Chairman of the Board, H. W. McMillen will continue his active interest in all management and sales functions as well as assuming responsibility for study and formulation of the company s general business policies. No one has been named to succeed Mr. McMillen as Executive of —V. President as company, Net 29.298.946 32 363.399 32,691,083 47,122,612 Central Soya Co., W. 3,156,945 31,711,386 178, p. Net Harold 1,922,080 railway—— from " of Directors to succeed 2,410,986 198,803,096 oper. 581,500 --- 178, p. 1,644,424 30,074,978 from *3,810,439 Nef rHper mcomi:.. > ry. *3,562,913 mlmlC- railway The 7.097,213 From Jan. 1— Gross 1,261,303 railway from Npt 5,415,042 194,725,085 p. 975.285 oper. Gross''fronT 6,459,270 railway oper. W railway ry served acquisition by This September— Gross from railway—. Net from railway 1950 1951 1952 1953 railway from Corp., $24,062,451 4,596,894 Chicago & North Western Ry.—Earnings— Net Nfpf $23,539,299 railway.. 178, Corp.—Tyson Oct. on directors, 1950 1952 $25,079,045 — from ry. —V. Jersey—Earnings— Central RR. of New Sf ntember Gross^rom ■Earnings 1951 1953 $23,439,646 railway & Iron voted according to Charles Allen, Jr., Chairman of the Board. In addition, the stockholders elected Charles Roebling Tyson a member of the board of directors, Mr. Allen stated. Mr. Tyson, Executive Vice-President of John A. Roebling's Sons 1,404,971 railway oper. income— from Net 1295. p. 1,005,205 of capacity from Net suKuenTly V. 3,053,274 1,225,433 1271. p. from Net Electric Co., ->and Union Light, Heat & Power Co. to 305,800,000 cubic fett of gas per day pending final disposition of the application. The FPC said that the granting of the temporary authorization was without preju¬ dice to such disposition of' the application-as the record m^y warrant. The Commission last May denied Central Kentucky s application, but granted a rehearing which was held in September.combined 3,564,817 1,445,975 September— Gross ton-' r^ntrii authorization is conditioned tolimit total deliveries to Conctnnati Gas & temporary tuckv's 3,549,051 14,475,728 3,442,090 Fuel stockholders board From Jan. 1— $706,300. cost 15,655,540 206,086. Chicago, Milwaukee, St. Faul & Pacific RR.- au^h^1^fcl°" operation of 8,8 mhes of pipeline paralleling an existing line extending northward through North Means, Ky„ to provide greater safety continuity of service to the Cincinnati, Ohio, market area. The project is est! 20-inch mated 290,311 16,190,117 184,852 1— from 178, 91,662 16,406,723 income... Jan. $1,893,803 623,540 The products Line— Natural Gas Co.—To Build Central Kentucky 555,344 Colorado 1950 $1,722,203 307,338 $1,924,968 436,051 railwayfrom railway ry. oper. income... Net See $1,866,331 railway oper. From Brothers Lehman White, from 42% Corporation—.. Securities Union Net 1951 1952 1953 September— Gross from railway- stockholders and employees: to the company's offer to pursuant Chicago, Indianapolis & Louisville Ry.—Earnings- the company has agreed to sell to them severaly.the forth below opposite the name of each underwriter of the additional common stock as shall not be issuable and purchase, percentage .Monday, November 9, 1953 $1.01 $1.35 $3.11 $2.94 0 ™s investment on SEC I, Investments, Inc., Dallas, Tex.—Regis¬ Securities and Exchange Commission— Oct. Series 100,000 Fund, 28, B-3; Series filed a registration statement with th» covering 3,000 Government Securities Fund Government Securities Fund II company 1953, 2,000 Diversified Series Income S-3.—V. 171, Fund, p. 660., Series D-2; and 250,000 B-4* Dallas Volume 178 Number 5271... The Commercial and Financial Chronicle (1777) Crucible Quai-ter Net Steel Co. of America Provision Sept. 30— before taxes.: for excess Net income, After —V. after per $2,033,461 4,189,966 772,886 $1,260,575 673,761 673,761 $1.88 other income taxes $1.31 share regular preferred stock dividend Prospective & Co. and underwriters Hornblower Cummins that company is Diesel the to now be availability of a lightest weight per the being produced in the 80 to marine new Gross & of continuous Net any horse¬ The JMS-600 rated Gross Cummins horsepower Marine Diesel weighs only 21.1 pounds per completely assembled with reverse and reduc¬ when ry. issue See headed are also V. 178, by Mention Glore, This stock carries cumulative quarterly dividends from date of issue at annual rate of 40c per share and are payable on the last days of March, June, September and December. An additional annual dividend, equivalent to 10% of the excess of net earnings over regular class A from Net ry. —V. 1952 1951 1950 $8,896,424 $7,623,252 $6,836,021 5,254,361 5,015,040 4,097,672 4,020,295 1,745,365 2,065,502 1,254,245 1,672,430 dividend requirements is payable approximately 90 days after the fiscal year on shares outstanding The railway.™ voluntary 51,970,973 .< 34,362,430 24,167,849 44,547,597 3,661,959 34,729,980 17,280,065 9,754,944 8,175,547 income___ 14,642,060 6,717,647 • 5,414,434 Is Duluth, South Shore Railway Dade Reagents, Inc., Miami, Fia.—Debentures Offered —Atwill & Co., Miami, Fla., on Oct. 19 offered $300,000 of 8% debentures due 1963 at 100% and accrued interest. BUSINESS—Corporation oper. Railway * • railway 27> -53 taxes__ Provision for Federal taxes__ and State income Deficit.—V. Gross income •Earnings provision of 804,179 stock— common for preferred 178, Months Ended Gross Sept. 30— 1953 sales.— Earnings for taxes™ income 1,043,000 .— _ taxes—-——l 2___ - Of 13 22 dry $s 25,000$407,000 $2.28 be wells started, and 7 started are have 2 still during been drilling. $0.91 completed Three tests are Independent Oil Co., In which Deep Rock owns a small interest, has completed additional wells establishing their dis¬ covery in the Kuwait-Saudi Arabia Neutral Zone as a major oil field. In September the corporation reached an acquire action with agreement Hugoton 100 % is Plains ownership subject underway.—V. to 178, Gas of & that Oil Co. the Deep Rock would Completion of the trans¬ property titles, which work September- Net ry. Gross Net was 3,816,400 996,338 ' 3,226,100 770,238 122,949 784,428 85,164 59,601 - the Co.—Secondary Offering—A close of 756,327 Gross 1,061,470 251,224 - 804,222 599,027 42.592,499 43,776,461 9.129,793 9,194,704 New and and books ry. income... 7,284,305 4,795,069 4,110,490- 3,891,672 1951 11272. $4,246,729 $4,616,703 $4,562,725 par 426,585 405,814 34,023,350 40,821,696 September— Gross Net 10,708,495: 14,971,811 16,402,698 3,295,247 6,845,813 Net ry. Prom Gross Net —V. 1,033,068 671,255 832,985 68,010,614 68,699,909 65,730,649 59,091,020 15,636,107 14,814,760 11,647,925 11,947,955 7,694,940 7,270,888 4,800,981 5,705,041 ineome___ oper. 178, $7,116,390 i;782,18a 1— railway railway from ry. 1950 1,343,440 926,580 from Net 1951 $7,134,992 2,286,725 income™ oper. Jan. 1952 $8,115,611 1272. p. Abrams added "Emerson's held, expire Dec. on 15,—V. 178, with our found ' ' in ry. | either Net from Net ry. From Gross railway railway: Jan. from Net ry. 1952 1951 Income •Deficit.—V. 178, >$6,845,927 35,383 2,530,522 Net from *30,316 1,241,320 Net ry. p. 17,181,734 7,413,870 Net from Net ry! railway $203,161 railway 1950 $215,553 1 $213,554 82,362 55,769 68,716 112,501 34,712 income™ oper. 1951 $168,021 31,480 14,141 52,576 from Net'from Net ry. railway™railway_!_L_,' —V.[178, 1,597,034 1,494,667 258,701 ' 1272. p. 1,888,342 447,287 546.332' income—_ oper. 811,526 216,008 289,220 • ; r Gross Net Net . ry. ry. Jan. from Net ry. 1951 1950 $1,488,645 $1,407,189 487,836 571,034 510,681 $1,476,296 537,835 253,826 income™ 214,699 257,895 202,163 17,002,501 12,976,778 14,084,573 1— from Net - 1952 railway railway ober. 4,003,843 ^427.158 2,298,736 Esso A Net Net from from ry. oper: income™: 1953 ' IrA 1952». ": 1951 railway »' ■' 1950 * $637,689 $605,096 s any 26. 303,873 256,821 ' 265,859 69,695 87,819 • 61,362 / •" 6,626,152 Net" from railway™— 3,117,549 'Net ry. oper. income—2 * 990,103 —V. 178, p 1272. • V- . •'*» , ■ 84,308 v' 5,606,042 5,668,631.; 5.528,529 2,428,435 2,391,136 2,562,408 742,825 615,884 862,547 notification of offered at be the with "book the value SEC Oct. on shares of at 26 end involved.—V. 178, 853. p. Ry.—Earnings1952, $1,935,211 $1,993,857 $1,581,189' 63,130 131,842 *87.496 *73.478 *142,046 160,138 *319,024 *285,214 25,472,090 26,164,077 22,366,440 20,333,859 1951 1950 - $1,576,304 1— railway 5,897,412 178, 6,621,643 4,411,522 3,783,960 2,837,625 Income 3,643,259 1,700,827 1,341,283 1272. p. 1,560,345 Power Corp. Stock — Subscriptions—Of the stock recently offered to com¬ common The remaining 10.288 shares were placed for group Oct. 28 at $27 per share by a group of under¬ by Kidder, Peabody & Co. and Merrill Lynch, Pierce, Fenner & Beane. See details in V. 178, p. 1474. account on writers headed Fort Worth & Denver Ry.— -Earnings— September— Gross from Net ry. 1952 1951 1950 $1,853,713 $1,601,139 $1,578,377 338,443 537,435 395,450 474,791 145,268 242,162 87,766 186,824 17,323,526 17,290,940 14,931,370 13,749,400 5,043,104 4,814,682 3,520,987 .4,328.706 2,237,764 2,151,403 1,256,032 1,923,168 railway oper. income Jan. Net "railway railway income™ from ry. —V. 1— from Net 1,761,907 1953 $1,692,642 railway from Gross 1950 129,005,149 $132,179,277 28,856,749 29,084,183 14,500,244 12,352,394 oper. 178, p. 1273. Gas Service 120,286,971 30,321,605 11,876,581 The 13,310,975 building ever for entrance which to to offer the Gros Other have with contract for Charles J. either the Lane Net Other the modular installation of N. Y., developed of one standard or the furniture Corp. of New York City, Corp.—V. 173, p. 104. nine by the firms a office has been distributing furniture. awarded agency Net to the for Prov. 1,436,600 income taxes- •" »■ 1 profit 5,400,695 5,519,257 1,231,900 2,808,400 $2,592,295 $2,648,952 Cash per com. dividends 4M>% and .capital , $0.68- 177, p. 2007. ——— 1,922,516-. 1,800,756 . • $0.62- stocks— cumulative preferred-.; Common— —V. share $1.31 $1.43 69,284 70.473 1,441,887 1,350,567 . , and "share of $15,597,546 $15,180,910 2,670.253 2,592,807 95,518 Cr97,912 1,322,935 1,176,541 $11,508,840 $11,509,474 Income 149,015 $11,656,231. $11,658,489 taxes 7,750,000 8,040,000 $3,906,231 $3,618,489 $1.76 profits $1.61 taxes — — stock common and 296. 1952 1953 excess ; 385. " corporation covering on $240,000 stock common and 300 The filed a letter of notification with the debentures and 3,000 shares of class be offered in units of $24,000 of Oct. 29 of 5% $1) (par to of shares proceeds stock at "The company jet bombers. Co.—Fiv.ev.New Aircraft quarters at five for the unit, without capital, .• f Departments^'; S Small departments are the Evendale first fastest fighters iand Jet Engine,1 Aircraft Small Aircraft-Engine of; the; nation's some Turbine the the company's for . iiew Accessory for per working 16 announced the establishment of _tiv*c-t)perwiWito. Us Aircraft Gas Turbine Dlvi^on which Development, Headquarters located for Oct. engines These Gas Turbine - on departments produces $24,300 be used to are ' and * " —_ 1,800.756 178, p. 147,391 Inc. New 1954, 1, Higher— — before Federal of 195'6. 1, 30— profit Jan. finance construction.—V. (net) i' General Electric \ 2,870,300 $1,137,227 „ until (net) expense Fed. per underwriting. ' 2,369.127 - $1,326,104 Common shares outstdg.., ,1,922,516 Earnings for 178, p. ating Net rate credit a General Commodities Corp., Detroit, Mich.—Files— for the A * under ( 1953—9 Mos.—1952 - June to Sept. income—i— debentures ., Ended operating Earnings —V. $18,341,476 $12,862,068 $44,706,967 $33,573,323 2,762,704 used The Corp.—Earnings—- before provision income taxes for maturity, interest depreciation!-!——™™— income Provision ! The 1953—3 Mos.—1952 3% a li¬ SEC Falstaff Brewing for Net income, been $3,000,000 on operating Provision ; new used Months profit Bayway refinery, largest Esso refin¬ East. another sales, before depreciation Selling, administrative and general expense a I. du Pont de Nemours, Inc., originator of the "packaged private offices." In addition, the Bayway system will include the unique "partition-ettes" created by Arnot to be to pay proceeds will be Nine six-story structure ery in The down General Cable Corp.—Earnings the 500 employes and executives of the will thereafter The Bayway refinery of this specifically designed to accom¬ high degree of space flexibility and economy. is 345 feet long and 55 feet wide. It will 100,000 square feet of office and special purpose space, includ¬ ing a rooftop assembly room. The building, which is scheduled for completion by the end of this year, will provide space for friore than The company 3 V4 % the be taken made with The Chase National Lank of the City and Commerce Trust Co. of Kansas City last October. The Standard Oil Co.—New Administrative Bldg.— administrative Co. (Mo.)—Borrows from Banks— Has company agreement: 1370. $621,203 254,119 i „ from in $14,587,919 $15,047,853 3,334,469 4,247,976 1,923,023 35,656,594 p. new fices" . FtomJan. 1— Gross 1951 1,350,647 Income $636,664 'railway-'™ railway;™_.t. 1952 4,377,174 138,001,550 Period End. Sept. 30— sales September— Gross than 1953) The factory has no exceeding production." far 3,554,331 income™ Net Detroit & Toledo Shore Line RR.—Earnings— of shares outstanding by the present number of shares on stockholders of record Oct. 8 at $24 per share, 201,128 shares were subscribed for up to and including Oct. furniture, is nearing completion at the Park refinery in Linden, N. J. The fully air-conditioned, elevator building has been designed by Lathrop Douglass, architect, to utilize the new "packaged private of¬ 2,683,023 —V.' 178, p. 1272. letter a to railway Florida York 5,598,860 1,723,401 number mon production $15,386,724 $15,787,261 railway—. oper. 13.348.577 2,135,194 the Based 1— Arnot-Jamestown 4,943,167 income™ filed Income oper. From functional furniture units Arnot-Jamestown Corp. of Jamestown, censed to manufacture'the units by E. $1,907,889 railway railway oper: From Gross 739.639 408,526 1953 from from ' : - Detroit, Toledo & Ironton RR.—Earnings— September— 1,570,067 2,884,752. 211,416 shares of of record contain From Jan. 1— Gross 31, stock. the demand Emerson's 1953 from railway____ Avenue 1952 dealers' or with company, the first structure modate modular functional . from Gross 11,300,885 5,785,319 438,328 1272. 1953 (Oct. higher 45,782,318 1,049,290 Increasing 5, of .. —V. 178, i September— concluded that income™ oper. $617,537 Detroit & Mackinac Ry.—Earnings— Gross ry. 1,269,535 6,096,628 receivers railway— railway From Jan. 2,902,691 21,608,112 9,329,226 railway oper. Net $7,870,327 58,613,815 enjoyed-a company models, distributors' declared from 1,204,678 63,837,459 178, p. 1474. 1953 from from RR.—Earnings— from 1950 - Aug. 31, 1953 was $2.28.—V. railway oper. Net Erie 2,816,861 railway™,. the September— Net 1— from well $7,452,080 inconie___ oper. Net j.; 1953 from 4,605,858 Corp.—Earnings Increased— railway—__ *Deficit.—V. of television re¬ mantained at very close to peak. He concluded with the state¬ present plans are to continue the present rate of produc¬ into the first quarter of next year.—V. 178, p. 1666. « RR.—Earnings— 6,091,946 to $6,009,732. This is equivalent to $2.12 2,831,188 shares of capital stock outstanding Sept: 30 $1.87 per share for the same period last year. 30 the corporation has paid a stock dividend voted by shares Jan. Net that Gross ' September— Gross tion 1666. p. that mass-produced Abrams ment to * Denver & Rio Grande Western -.- with Aug. from Gross current ceivers is rights 1952 *$13,874,112 $11,650,240 ——.' reports that consolidated net operating corporation and its affiliates for the first nine underwriting is From representing approximately 70'% production, are considerably oversold and in very short supply," Mr. Abrams stated. "These models, which have been in short supply for many months, are the receivers with a list price of $250 or less. They are most favored in production and in sales, and we estimate that less than a week's supply of these models are to be of Mr. The company will at 600 Market Street. Wilmington 99, Del., receive bids up to 11:30 a.m. (EST) on Nov. 25 for the purchase from-it of 232,520 shares of common stock (par $13.50), which are first to be offered for subscription by common stockholders of record Nov. 25 at rate of one new share for each seven shares —! _ preceding subscription, plus in the case of preference shares dividend at rate of 50 cents per year. Book value estimated at share." The proceeds are to be used for working capital. from Phonograph Corp.—Record Sales— in the fiscal year just previous year in its history. inventory of these Delaware Power & Light Co.—Bids for Stock— 16,700 shs. \ per Net corporation shipped more television receivers during the month October, 1953, than in any other previous single month in its history, Benjamin Abrams, President, announced on Nov. 2. sales 1953 40,006 Shs. v ' ,V ; „ amounted company Net 178, p. 1272. Mr. 1,957,346 railway railway . This Western RR.—Earnings— $7,597,678 from from & Outstanding . 50,000 shs. . September 36,001,768 2,160,292 ' 40,000 shs. President, total a common Gross 816,635 ".14,644,863, 3,660,572 $51 the on on Net Emerson Radio & FINANCING 1953 1953 Sept. accrued 2,342,938 1,767,527 / con¬ month of $4,430,155 1,780,338 1,748,326 are Fischer & Porter Co., Hatboro, Pa.—Files With SEC— of .Delaware, Lackawanna of to The 1950 42,238,542 income-— automobiles, covering 17,920 shares of $1 par participating preference shares and $1 1— oper. PRESENT __' ... Florida East Coast 1952 ~ in Operations outstanding, Mr. Jenkins said, nine-month consolidated net operating earnings are equivalent to $2.08 per share.—V. 178, p. 1159. - closed. 421,496 railway railway from TO investors™.—™— this compares 53,564 York the • . . (par value per share at of share per sec¬ 1953 income Jan. Net 7,996.697 p. by Jenkins, months 39,543,261 10,228,404 O. $12.48 from Net —V. 41,717,814 EFFECT ___. First Bank Stock E. stock (par $3) Stock Ex¬ common the . stock assets— held earnings quickly completed.—V. 178, was oversubscribed railway railway______ dealers goods. ♦After allowing for $152,299 In dividends and $426,436 in securitiesprofits distributed to Fund shareholders on Sept. 15, 1953. 1473. p. oper. From $4,519,964 railway____ railway— oper. 178, - 1950 $4,584,027' 1,615,661 998,748 - 1951 ry, with California financing. GIVING $51 (par 1568. p. Net asset from from Net . 1— from Net ,ry. 1952 $5,213,262 1,570,260 income— Jan. from —V. 1953 railway railway oper. Prom 488,977 *329,579 ; September— Net $5,018,342 from Net ifrom 4,553,800 No Gross Corp.—Earnings— this Co., St., Stockton, CAllf. opening of additional offices upon to the Elgin, Joliet & Eastern Ry. —Earnings— is 568. p. after It 178, of North Finance primarily making small purchasing retail lesser degree, a consumers 32 American as business, Aug. 31— Since Beane. —V. stock¬ of at being given stock net Shares whereby company. of examination Delaware & Hudson RR. Gross Total 3,838,800 in Financial Industrial Fund, Inc.—Net Assets— change on Nov. 5 by Union Securities Corp. at $35.75 per share, with a dealer's concession of 75 cents per share. Also participating in the offering are White, Weld & Co.; Blyth & Co., Inc.; and Merrill Lynch, Pierce, Fenner & November. is business to and, originating types office participating 178, As Of 17, p. 1272. made was producers, as additional A directors American of 43,356 EI Paso Natural Gas stock holders 113,899 1370. p. ,,$1,024,000 holes to $421,400 43,489 *37,484 of 40 cents per share.: It 432,000 19,000 share a wildcat scheduled $388,200 46,040 *46,769 ondary offering of 86,000 shares of Net earnings Net earnings •" *324 J share liquidation, 1950 Associates—Secondary Offering— secondary offering of 51,108 shares of common stock was made on Oct. 28 by Paine, Webber, Jack¬ son & Curtis at $9.50 per share, with a dealer's discount $31,099,000 $28,739,000* before Provision $419,300 1951 (par $10) 1952 contracts other an completion —V. *94,763 • income—" oper. doing finance borrowers sales and from Common 1— Deficit.—V. involuntary loans and purchase instalment sales contracts. personal CAPITALIZATION 316,510- A $0.86 : '! 1159. p. $862,096 Eastern Gas & Fuel Deep Rock Oil Corp.—Earnings Sharply Higher— Nine ry. 1952 $398,000 ... railway— railway from * in Authorized income from Net 642,667 $0.45 dividends.—V. 363,358 1953 railway raiuway_: oper. Net $627,000 outstanding—_.i__L share per •After ry. 618,000 $433,000 . shares $934,950 45,251 share per 178, p. 1370. from from Gross Sept 2s, '52 362,000 ducted the $152,103 September— . • 5,010,040 *43,054 $5 per unpaid dividends. company, the individual appliances $5,872,136 5,376,347 Duluth, Winnipeg & Pacific Ry.—Earnings— $11,677,000 $11,619,000 795,000 , 1,245,000 ________ $6,311,297 I *$30,675 inc.— open From Jan. • sales_______ Net income before provision for income Net 644,952 Glass - Net Common $797,055 650,518 to in installment 1953—9 Mos.—1952 $619,843 operations way Net outstanding Net months Ended— 1953—Month—1952 expenses and and the end of year. proceeds of the sale of class A shares will be company's working funds, thereby increasing the com¬ the Consideration Net Three to engaged loans Net revenue from rail¬ specialized items used by doc¬ tors and hospitals In the diagnosis and treatment of the sick. Products include blood grouping and Rh typing serums sold In the United States by American Hospital Supply Corp. under a long-term contract.— V. 178, p. 1272. Corp.—Earnings— RR.—Earnings— revenue-- oper. manufactures Davison Chemical & Atlantic during the fiscal non-callable, entitled to $6 are liquidation accrued BUSINESS—The Period End. Sept. 30— retire shares PROCEEDS—The added , PROCEEDS—The net proceeds will be used to debt, to buy machinery and for working capital. A pany's capacity to make 1272. p. class plus all railway oper. 178, Range Ry.- -Earnings— 1— from Net heat exchanger, electrical quipment and all other accessories necessary for a complete work boat application. First industry showing of the JMS-600 will be in Miami Beach, Fla., from Nov. 16-20.—V. 178, p. 947. issue of Oct. 26 of the public our residents of the State of California only. Forgan 1953 income™ Jan. made in was offering' by Hannaford & Talbot, San Francisco and Los Angeles, Calif., of 35,000 shares of class A participating stock at par ($5 per share). This offering was made to 1666. p. $8,780,830 railway railway oper. From range. tion gear, Iron from from Net engine, horsepower 125 the Weeks. September— Co., Inc.—New Marine Engine— announces believed marine power Engine for & Duluth, Missabe This Fidelity Finance Corp., Stockton, Calif.—Stock Offered company proposed to offer to its common stockholders of record 13 the right to subscribe on or before Nov. 30 for 152,465 shares of new convertible preferred stock, series A (par $50) on the basis of one preferred share for each five shares of common stock held. The stockholders on Nov. 3 authorized the creation of 200,000 shares of new preferred stock. Nov. requirements. 479. p. Co.—Proposed Stock Offering— The and _ outstanding for Dixie Cup 1952 $1,637,566 and common providing 178, 1953 $5,827,532 __; taxes— shares •Earnings • Federal profits Common (& Subs.)—Earnings— Ended income, 13 Operating, Departments. three Evendale Aircraft mentioned plant Engine departments will be near Cincinnati, .Ohio. Head¬ Department and the Aircraft Granite City Steel Turbine Department will be located at the company's River at West Lynn, Mass. In announcing the new organization, C. W. LaPierre, Vice-President and General Manager, explained that each department to the maximum extent possible, will be a completely integrated business, with its own Accessory Woncs pjant functions. The . , , will Department Engine Jet Prov. for tTax Net ucts 1,339,400 608,000 2,719,000 1,192,000 1,353,000 1,067,000 690,000 $1,194,333 $5,474,198 3,131,000' $2,339,527 also makes $1.41 $0.68 $3.32 $1.23 and is share tion provided Great Basin Uranium See Great Basin Oil & ) Leasing Co. above. vately—The last Oct. the 1, loan 1954. construction Great the 31, purposes.—V. 178, i allows The 4% believed to adequate be ry. to are delay from arising the need 1950 $30,066,349 $24,131,323 $26,503,998 10,286,270 13,486,919 8,658,628 12,872,940 4,397,920 5,761,886 3,707,904 178, 182,560,056 52,885,704 47,067,153 44,034,917 17,841,697 15,213,521 11,821,713 from Net. from Net ry. share is —V. Georgia & Florida RR.—Earnings 1953—9 Mos.—1952 1953-Month—1952 $300,480 $3,044,394 expenses 251.876 276,881 2,486,918 2,309,402 Npt rev. from ry. oper. $34,039 $23,599 $557,476 $524,704 Ket railway oper. income *6,848 *22,188 117,892 par each "Deficit.—V. 178, p. Net 1952 1950 153,327 82,477 22,890 99,786 Series 20,403 882 39,186 due 3,507,765 2,681,234 3,044,154 2,815,919 railway income___ Series F, 1,199,353 618,507 705,746 May 130,180 302,386 406,331 Net ry. $801,491 $774,826 178. 3Vi'/t, G, 1, $194,480 outstdg. share 138,461 163,581 dated June 246,000 252,200 246,000 252,200 $0.79 $0.64 $2.69 $2.46 117,231 136,151 will N. 245,831 be Y., received 11 at $802,246 The Gross from from Net ry. —V. 7.249,462 178, 7,179,381 1,552.717 1,297,734 1,150,468 Profit State 1371. p. before & Net inc. (& Fed. inc. from from Net ry. 1953 1952 1951 $600,816 194,187 235,559 198,939 14,297 56,109 31,556 Gross 37,286 from Net ry. —V. 7,455,664 6,824,899 6,198,162 2,451,493 1,959,564 613,233 440,915 419,127 1983.—V. 1, 178, 2,470,513 time Net 63,000 1,357,000 $1,113,513 $31.90 $0.16 $2.61 Taxes The maximum outstanding under same. be one Subs.)—Earnings— (& 1951 1952 1953 $10,746,683 1.401,100 1,360,511 1,746,300 837,456 660,000 12,743 12,910 $550,901 333.000 333,000 $1.65 $687,601 333,000 333,000 $2.06 taxes income for Fed. $11,300,976 17,070 —— before $18,079,386 2,764,468 sales inc. & prof, taxes exc. income profit $1,001,098 349,650 333,000 $3.01 — paid : capital shares ' Earnings share per 174, _ 188. p. Research Heiland Corp., Colo. Denver, — Files With Securities and Exchange Commission— (& SEC Subs.)—Earnings, Etc.— 1952: 1951 1950 $21,774,637 $18,359 275 3,622,856 4,143,341 3 277 402 2,385,608 1,816,106 2,129,108 $1,806,750 $2,014,233 600,960 333,238 $6.50 on 2,307 ($100 par $1) (par $2,019,467 654,412 at to proceeds capital. 1,257',935 $1,832,421 Oct. 28 filed a letter of notification with the shares of 5 V2 '/< cumulative preferred stock to be per share) and 23,070 shares of common stock be offered at $3 per share, without underwriting. The to be used to discharge bank loans and for working corporation covering offered $22,525,819 income on any 1273. Nil 4,218,029 taxes., at securing the first mortgage bonds is $50,000,000.—V, 178, "$408,556 Nil $29,066,328 before 650,000 shs, securing the time may indenture which amount Number Cr402.000 $98,153 $2.81 1953 shipments 150,000 shs. 650,000 shs. are issuable in series when authorized from stockholders, subject to the limitations set forth the by mortgage indenture —V. j 50,000 shs. 150,000 shs. — first mortgage bonds Dividends "810,556 481. p. 150,000 shs. 50,000 shs. $20) (par first Net $21,130,294 $10,710,152 $0.91 sh. stock to the Net 178 481,000 share— Deficit.—V. Earnings 1273. p. (cumulative) The 1,852,336 557,727 income 5% 100,000 shs. 150,000 shs. — Years Ended July 31— the $389,148 $11.15 Year End. June 30— 5,640,352 2,765,207 railway- railway.. oper. 178, from 1953—9 Mos.—1952 161,153 Harris-Seybold & Co. 1— from Net E (cumulative)__. York New purchase 165,726 income.— com. " railway Jan. per $594,526 ^ preferred 4,000,000 100,000 sh«. Subs.)—Earnings$4,600,892 | per 1950 $677,583 railway.. oper. From the 870,147 taxes Earns, Ry.—Earnings— $726,957 September— Net Broadway, 70 for 23 $8,037,910 taxes Earns, Florida & Southern Georgia Gross Bank, Nov. on - 1953—3 Mos.—1952 profit 4,000,000 (cumulative ) Prov. 1,293,015 1,247,176 5'i Minority Hamilton Watch Co. 6,242,565 1,421,978 1,289,176 . income— 7,278,140 1,375,050 railway railway oper. 414 % Profit Prom Jan. 1— Net Hanover of $10,000,000 first rfiortgage bonds due Dec. Period End. Sept. 30— Net sales 3,000,000 1952, 1, — ___ Hayes Industries, Inc. 1667. p. 5,000.000 3,000,000 Co.—Bids for Bonds— (EST) a.m. 5,000,000 (par $20)-— (cumulative) D the to up $5,000,000 1951, 1, dated Sept. 1, 1982. stock principal 853. $5,000,000 __ —— C in Outstanding 5,000,000 5% time $620,360 272,497 137,810 $662,004 FINANCING 1947, due 1, B "The 1953—9 Mos.—1952 $161,684 PRESENT TO 1945, 1, 1981 3Fa%, H, Sept. Common Corp.---Earnings- 1953—3 Mos.—1952 taxes— com. p. company $829,139 161,989 income.— oper. domestic, governmental and 5,000,000 Oct. Series p. 1950 1951 railway— Net- from after per —V. Bids 1952 the 1944, 1, _ dated Series End. Sept. 30— EFFECT 1977— June due 1273. p. profit 15, 1953 railway, street 1970 1, 3%, dated May 1, Preferred 923,163 393,735 GIVING Series 178, Earnings Georgia RR.—Earnings— September— from railway. on $22,271,729. principally in the produc¬ engaged agricultural, 1964 1. 3!/a%, E, Oct, $327,444 Gulf States Utilities Gross share) The offering is not total expenditure of utility bonds3 Vz '/>, dated Feb. Feb. Series shares i . stockholders of 20 for 100,000 per shares held. 5V2 estimated public indsutrial, D, due 1951 — railway..—- Common 1273. ' Nov. ($20 on Series 48,761 railway income 123,320 oper. common before or at mortgage $306,994 oper. Period $2,834,106 Railway its to on Authorized "First $291,278 1953 $448,826 Greenfield Tap & Die $285,915 $0.56 stock Series 30— 1,055,700 $0.33 subscribe for an a CAPITALIZATION & Western RR.- -Earnings— railway—— from Gross 1667. revenue__ offered 23 to common and calls for Series oper. nesses" End. Sept. 1,055,700 $0.29 1891. 13, 1667. p. September— Gross ry. oper. 1,055,700 ... 32,343,181 20,561,354 Oct. of new company due Net Period 1951 $590,777 the island of Oahu, Territory of Hawaii, U. S. A. It was incorporated under the laws of the Kingdom of Hawaii on Oct. 151,703,991 Green Bay might prevent the company from taking advantage of favorable market or successfully consummating acquisitions of other busi¬ Railway 1952 $347,121 30— transmission, distribution and sale of electric energy for purposes 6,510,688 188,976,894 working conditions 178, p. 1953 $306,393 Sept. right shares commercial, 199,066,108 — from O'Neil explained.—V. Power proceeds are to be used to pay for plant expansion which started The 1951 oper. Net Mr. other company and has no approximately 8'/2% of Co. See also V. 178, owned Connecticut share on the 5 one 1952 in ' ' • railway— income— from rv. —V. obtain such approval to ranges electric other of Electric Co., Ltd.—Stock Offered— company Oct. The -ul From Jan. 1— substantial electric and underwritten. 1 1952 income— own 853. p. of basis for $27,196,116 , heaters any it 1953, 31, The shares outstanding 178, additional to used be railway— oper. from Net approval. "A by 569, p. its in output merchandising subsidiary of a Aug. of Ended Hawaiian notes borrow $32,000,000 reduction of the total a 1953 railway. Net capital for present condit'ons," he continued, "the directors consider it prudent to have authority to increase the company's working capital or to provide for plant improvements, new developments and expansion by the issuance of preferred scares without waiting for stockholders' is $45,000,000 from may proceeds The entire loan agreement signed a company 1953. of Earnings per common —V. Ry.—Earnings— railway„_ engaged in Connecticut. Hartford, St., From Jan. 1— Gross business. the "While from Net capital has increased from $10,000,000 to principally from long-term loans and retention of earnings $45,000,000 in Northern from working period same Months. The the its water direct in profit after taxes. record clause Dec. SeptemberGross Net Pearl 1667. tion, consider authorization of a $35,000,000 pre¬ ferred stock issue at a special meeting December 3. . W. O'Neil, President and Chairman, proposed that 1350,000 shares be authorized of a par value of $100 each. He notedy in a letter to stockholders, that the management and directors haye no immediate intention of issuing any additional stock. / ... Since 1942, he asserted, annual sales of General Tire and its con¬ solidated subsid'aries have increased from $33,000,000 to an expected record $200,000,000 for the current fiscal year ending. Nov. 30. During will stockholders stock Net Pri¬ $5,000,000 down |. Co.—Plans Stock Issue— in 1881 266 Hastings Manufacturing Co.—Earnings— s Placed Be electric of engaging As p. 1, 1974. option An to announced last month. agreement before $24,000,000 taken companies under was will mature Oct. Under has company June, it Co.—Notes Paper sales is not company common Nine ' The The Leasing Co., Salt Lake City, & in direct considering Common Northern four insurance in at of electric appliances, cooperating with those con¬ the sale and installation of such appliances. It sale engaged the of Utah—New Name:— Great located substantially generates subsidiaries. tax saving resulting from accelerated amortiza¬ for future income taxes.—V. 178, p. 481. tPortion incorporated is utility public operating an was office appliances. on spectively. the promotes for 624 It executive company $2,285,929 com. is company business. generating stations. It distributes and sells electricity at retail within its franchise territory and at wholesale to other utilities. It actively 1,500,045 common shares outstanding at Sept. 30, 1353, , deducting pieferred dividend requirements of $166,869, and $bto0",-rn the three months and nine months ended Sept. 30, 1953, re¬ after and General Tire & Rubber The 4,884,527 ... per "Based and executing major made at Evendale. parts 11,324,198 income "Earns, , production' contracts \for the division s prodThe Department also will maintain engine overhaul services. The Small Aircraft Engine Department, which will be located at the company's River Works Plant at West Lynn, Mass., will be responsible for planning, designing, marketing and producing the company's line of aircraft power plants of around 1000 and 2000 hp., including principally turbo-prop and helicopter engines. This depart¬ ment also will provide a second source of quantity production for larger jet engines now in production. The Aircraft Accessory Turbine Department which will maintain its present offices at the River Works plant at West Lynn, Mass., but later will be headquartered at Everett, Mass., will be responsible for planning, designing, marketing and producing the company's line of accessory turbines for aircraft application, such as fuel pumps, pneumatic systems, and supercharges.--V. 178, p. 1568. ing 2,492,333 cerns marketing, producing and servicing the company's prototype line of high-thrust jet engines. •.. Generally the Aircraft Gas Turbine Development Department will be responsible for carrying out the investigation and development Pr®* gram on the company's aircraft engines and accessory turbine prod¬ ucts. Preliminary design, selection and application of new products, as well as specialized laboratory services, also will be this depart¬ ment's responsibility, • ■ ... The Evendale Operating Department will be responsible for negotiat¬ spare 4,692,329 inc. taxes Fed. electric principal $25,335,905 $20,251,325 $69,500,460 $51,849,096 taxes inc. saving de¬ the Its 1953—9 Mos.—1952 - Conn, allowances before BUSINESS—The ' 1953—3 Mos.—1952 disc., less & returns Profit signing, , sales, Gross . responsible for planning, be Co.—Earnings— Period End. Sept. 30— Unancial and employee rela¬ marketing, manufacturing, engineering, tions 9, 1953 The Commercial and Financial Chronicle... Monday, November (1778) 14 are ; Net Gerity-Michigan Corp.—New Process Introduced— tCash dividends paid— "Com, shs. outstanding The corporation on Oct. 29 announced a revolutionary and completely new method of wet burnishing designed to improve conventional polish¬ ing and buffing procedures. The new method provides important savings through the use of revolving rubber mats which operate in a wet abrasive slurry. The parts to be burnished are advanced through the slurry The on a carrier moving in has burnishing, method obtained and corporation plans circular a a "Earns, "After plating plant in Adrian, patent license and its on Months Profit before Federal Ended Federal income Sept. sell Mich.—V. 178, p. 30— income taxes Book value "After per of payment balance of for dividends transferred to on stock No Wks. Ended Ixjss Sept. 30— underwriting PROCEEDS—The will 178 be applied ticipated Prov. fcr income Fed. taxes. income $7,326,204 826,437 taxes 470,155 177, $396,689 1901. p. of provide such Cr24^481- Cr429,748 the to 178, involved. September— Gross from $225,674 net through 1952 the the series, Net from for and the will which the sale sale the of apply details will 3 'A %- Net ry. From Gross Jan. from from Net Net ry. The 1952 1951 $4,647,000 $5,015,000 96,976 683,170 850,911 1,319,492 "635,604 39,923 252,904 845,974 47,178,000 41,241.000 42.779,000 the undertake 5.947,613 7.329,497 9,538,342 present no that except The , be may ttle ° not offered to for net 3,801,529 674,697 2,716,924 insufficient, cost of deben- 178, p. 1371. Great Basin i Oil & 5,618,192 debentures At it the name was annual of the Leasing Co., Salt Lake City, Utah announced on This is of mining p. a result to the the Great Basin was voted Uranium & to of the ores. plans for the 1954. prices such GIVING the 175 of this shares. Division— and K. C. Towe, company, of the President companies sale antibiotics. '< presently produced and sold by Heyden are not by Cyanamid. The acquisition provides Cyanamid facilities for expansion in the pharmaceutical field manufactured additional adds which two Cyanamid's to If sold for agreement line the manufacture of latter products of- products in this field, providing penicillin, streptomycin and neomycin, have not heretofore been manufactured or by Cyanamid. centrating activities its Askin Mr. that stated Askin Mr. said also sale this conforms the chemical in that Heyden Heyden's policy to of con¬ field. expects that Cyanamid 1, 1953.—V. possession of the properties on or about Dec. additional not sale less will be than $44 applied per will take 178, p. 666. se¬ to Hilton Hotels Corp.—Loan share. the con- 1937 EFFECT TO series.— PRESENT FINANCING Outstanding . $2,870,000 $2,450,000 of the 1941 series.. 3,675.000 The Nov. 4 1947 series.. Unlimited the 1952 series— Unlimited 15,000,000 announced Hilton Life Privately Placed— Insurance Co. 01* Hartford, Conn., on it has made a $1,800,000 loan on the Town House, Corp. property located at Wilshire Boulevard and Hotels Commonwealth The General Avenue, Los Angeles, Hilton corporation, now Calif. engaged in building several large hotels South America as well as expanding throughout this country, plans to continue to operate the Town House.—V. 178. p. 52. in Europe and 11,517,000 of Connecticut 3,024,000 qf the Pfd. stock (cum., $50 preferred stock "Includes oar value) the ($25 5,500 par shares in per year share since value), being ($2.75 per company 1894. Virginia Pulp & Paper Co. Acquired— below.—V. 178, p. 1274. 160,000 shs. "955,000 shs. retained for possible sale 949,500 shs. to employees company. each Hinde & Dauch Paper Co.—To Be See West 300.000 shs. stock DIVIDENDS—The field ' treasury antibiotics The now financing debentures of I _ +Excludes requirements. Cyanamid Co., announced on Nov. 4, that their an facilities for however, President Askin, to 1954, construction the of sale facture 5,500 shares of additional common prior to the end of 1954 to employees or change company's current activities in the Nathan Hausman, President said —V dividend of Heyden to Cyanamid of Heyden's Antibiotic Division, including the plant located at Princeton, N. J„ and Heyden's patent rights and processes relating to the manu¬ and debentures Leasing Co., Nov. 2. 1760. Uranium stockholders,' it 2,141,377 853. p. signed with debentures Common meeting of 9,486,552 328,080 4,395,741 2,664,085 $3.44 Heyden Chemical Corp.—Sells Antibiotic de¬ 3V4% 3.90% company 8,530,783 328,080 4,408,863 2,672.038 $3.07 paid...—_— paid preferred 178, Simon ap¬ 2%% ' "After swank of dividends dividends "Earnings per common share._—: —V. through additional Authorized 3% —Changes Name— the 17,298,604 1,937,473 22,769,830 1,995,054 —————— tCommon shares outstanding^..— was sufficient be program such an¬ 3V4% "Deficit.—V. 18,436,595 9,637,509 328,080 4,418,596 2,677,937 $3.48 foreign inc. taxes 34,397,759 profit and program. CAPITALIZATION income— and 27,766,860 exceed sale at a price proceeds from any company struction 1— railway railway oper. has company 41,480,000 9,812,842 stock 1950 $4,709,000 income.._ oper. taxes from available will, are is 1952 program.' through funds to It . 31,*. 1953, Aug. stock, common amount'presently December cash construction funds such and at earnings,-: available the of the program. the $15,000,000 with construction other cost of amount together retained of incurred as curities $4,292,000 railway Other of American construction private and and cost proceeds company from company's $5,000,000, for program RR.—Earnings— 1953 railway.... for Fed. Prov. $ $ 135,310,655 164,404,194 146,810,494 30,069,158 taxes income 1951 1952 1953 30— Sept. operating revenues.— before Net asjpay be deemed advisable under the circumstances. Grand Trunk Western Profit and Preferred i37i: p. Further proceeds, together with from funds obtained in accruals provide the £et ,,J°£S —V. 2008! p. Oct*. 23 of 105,500 additional is proceeds the 1953 preciation $8,948,871 ... below.—V. net available proximately 1952 net to such that tures - 1953 ______ before September 177, ~ remaining sales to Ended $ sales Net bad the ' Surplus."—V Goodall-Sanford, Inc. (& Subs.)—Earnings— 13 stock Months stock common January Net stock common retired.—V. was" follow: $12^82 preferred "Earned 1953. 'i 480. p. in Nine (par $25) at $44 per share. The subscription offer expires at 3 p.m. (EST) on Nov; 10, $0.92 $13.21 stockholders of record shares of 536,881 .... Merritt-Chapman & Scott Corp. mon 1952 $0.60 $37,527 preference stock of dividends Hartford Electric Light Co.—Stock Offering—Mention made in our issue of Nov. 2 of the offering to com¬ $312,614 share $178,829-was issue $8.IE for convertible on this $6.97 was $849,495 234,386 _ share paid time 237,551 $5.81 adjustments 278,853 Common • *$216,356 common See 1159, $450,742 (estimated) which 310,003 Harrisburg Steel Corp.—Unit Sells Plant- Ger-O-Matic 1953 taxes....... Net earnings Earnings per common dividends at to 450,066 Powder Co., Inc.—Earnings— Hercules • 491,472 wet new Globe-Wernicke Go.—Earnings Lower— Nine share, com. giving effect tIncludes 1951, burnishing machines to industry. For the past several years exhaustive operating tests have been made on the machine and" process in the company's per •' other enclosure. or process both to earnings has paid Regular annum) dividends quarterly have been paid on its dividends common stock of cents continuously 68T4 since 1929. Honolulu Oil Corp.—Secondary Offering—Dean & Co. late last Witter month offered 450 shares of common stock (no par) at market (about $47 per share). The net Droeeeds stockholder.—V. 178, are p. to go 1569. to William M. Roth, who is the selling Volume 178 Hotel St. George Chase The York New Number 5271. National 15, N. receive tenders sinking fund $128,841 and accrued will the be of City the to to it 1955-1960, the of of of York, of first Broad business Railway rev. Inc. avail, prices not to exceed par acceptance or rejection of said Net the sum 176, Nine Months sales Profit Sept. 30— 1953 __ before Provision Federal Ended taxes taxes *Loss.—V. profits 1,537,424 *11,414 909,533 *36,346 690,067 locations ten These locations These five 1952 Total 3,740,104 Net 1 936 741 —V. 334^353 458!304 $2,489,365 $1,345,059 1 After provision Houston W. ______ 785,000 shares June 30,'53 of 177, $13,126,318 796,576 798,546 $16.43 shares outstanding capital value asset —A $2.76 $1.31 for preferred dividend requirements.—V. Parish, the Vice-President, a late S. R. Berton has who died 178, share per $15.96 —- 1473. p. from Net Nine Months profit Ended and Sept. income elected 9.—V. 30— from President 177, ry. for Provisions for Federal to 1952 from 129,000 $439,241 Earned —V. shares 420 000 $i:05 S0 93 ._ share—— per 178, outstanding company Hudson As of Shares to 50,000 shares of $100 had The v. net 178 a*set value $3,853,564 1 share per 367,976 $11.30 was borrowed 30, 1953 place total of $5,745,000 a The RR.—Earnings Lower— 1953—Month—1952 $883,743 $7,877,810 777,947 791,086 7,250,860 financing $74,6r2 $"'2,657 $626,950 $980,381 would would 7,073,919 be dated the income income Balance, $ "3,980 $638,149 of shares V. 128,841 1,161,185 1,160,707 176, 70,058 Exclusive 70,058 630,525 of interest $104,919 $1,153,561 $799,117 adjustment income bonds.—V. such it as will the received would recall be 178, of authority to Net sales Profit & operating exempt be due the negotiation from in proposed stock preferred for private 1983. Coal Co. depletion Federal for sell, sale could re¬ the from Net $9,057,004 $6,975,335 $6,823,588 taxes 959,369 1,005.269 1,259.099 income for taxes— 372,205 277,066 50,000 bidding re¬ completed.— Preferred *As $587,164 dividends Common shares per paid outstanding common adjusted.—V. —V. be 200.873 109,076 2,201,523 $0.26 $0.38 * 91,461 of The Hussmann Refrigerator Net 1953—3 Mos.—1952 Net from Net ry. $7,236,556 $5,231,947 taxes__ 416,059 232,693 1,290 164 outstdg. 400.094 400.094 400,0.94 __________ profit Common after shares *Earns. per *After 1957—0 Mos.—1952 share com. $0.96 $2.98 177, p. the 821,609 . 875,000 $1.89 • of extent and Hydrocap Eastern, Inc., Phila., Pa.—Files With SEC— The companv share) to be Oct. on filed a letter of notification common stock to be 30 shares of 100.000 offered with at ($1 - 2,375,460 $1.69 ' • 80% in with selling which added be through Barham & Co., Coral Gables, Fla. The net proceeds,are to pay debt and for working capital.—V. 178, p. 570. Jan. ry. or Nine Net for oil Net ry. 1953 1952 1951 Ended Sept. $1,203,437 from Net rv. —V. 273 157 402.327 income 113,931 108,653 87,689 177,677 8,461,914 8,287,646 8,199,759 7,765,965 Profit 1,708,444 1,634,111 1,706,328 1,821,740 Federal 776,067 587,227 643,188 the holding income— 854. p. from ry. 1952 1°51 1950 $1,221,486 $1,123,914 From railway—__ 273,681 382,716 291,760 acquisition 113,879 126,293 100,737 128,680 Jan. from Net ry. —V. taxes taxes profit —V. 178, A 1— an 9,509,132 9,323,673 8,807,959 City 1,982,125 2,013,827 1,998.088 2,134,5^1 leased 1952 $924,711 698,439 $1.51 879,946 713,520 743,985 894,313 for requirements.—V. 178, 667, p. asset 178, $9.63 shr. per $11.38 Dec. 31,'50 $10.72 — income—.: on 1953 1952 $56,018,789 $37,730,356 2,703,545 $1,214,545 —— shares of 1,830,000 $1,828,407,. Period End. Sept. 30— Prov. before for (& Subs.)—Earnings— 1953—3 Mos.—1952 by taxes $4,747,929 $4,819,144 $14,531,503 inc taxes 2,580,000 2,700,000 8,060,000 Fed. • From investors be to common stock Net profit Earnings 178, p. $2,119,144 $6,471,503 1,845,860 1,757,978 1,845,860 $1.17 *$1.15 outstdg. share per 'Adjusted —V. $2,167,929 — capital shs. to reflect stock 5% dividend paid $6,469,744 1,757,978 $3.50 on January at near-by $0.26 _;— Grandview^ Mo. Lines, for dollars.—V. helf-million a $0.42 use The as a 1953. from —V. 1953 SeptemberGross from Net from Net ry. railway 178, by cost the is 1950 $3,276,096 $3,061,770 294,558 751,371 511,479 1668. p. GroSs from Net from Net ry. —V. 178, railway railway_ oper. p. income— 1952 1951 1950 $636,673 $512,145 $445,526 334,402 214,674 213,740 70,064 117,650 80,810 87,203 5,411,705 4,914,890 482,371 268,881 2,339,145 2,560,172 2,431,082 1,803,437 902,612 907,505 1,012,438 764,026 income K-O-T Oil Corp. (Okla.)—Stock a of wells in net Pontotoc proceeds County, CAPITALIZATION 28,391,587 24,342,405 4.612,140 4.712,371 4,645,716 bert 2.398,278 2,151,182 2,177,809 1953. stock (par BUSINESS—The 4,786,583 2,918,118 1274. 803,268 57,829,229 57,874,285 51,945,936 14,699,599 15,309,050 11,344,525 12,130,685 8,051,774 8,233,567 5,367,039 5,653,732 Nov. 2 filed on of of its oil Building, It was business. a letter of notification with stock common (par be used for general be to $1) employees at $5 per share, to are Oil & the SEC offered to a without underwriters. corporate 177, purposes.—V. Co.—Quarterly Earnings Higher— on 1953—9 Mos.—1952 $20,321,789 $68,157,823 $65,287,765 taxes 3,659;999. 3,088,715 .12,371,155 (est.) 1,455,947 1,108,769 4,921,245 4,861,774 $2,204,052 $1,979,946 $0.64 $7,449,910 $7,528,068 $2.41 $2.44 inc. before Taxes 1953—3 Mos.—1952 revenues $21,107,081 oper. Profit income income 178, 12,389,842 $0.71 667. p. Southampton, Co., Lockrey N. New Y. Chemical Treatment— * • ■ just announced promises to alleviate one of the most problems of steel vault maintenance—the prevention of product finger-prints and corrosion of the steel vault-faces. A new chemical process, called the Lockrey Steel Vault Treatment, manufactured by this company, is now offered in a complete package for vault mainte¬ field tests intensive after nance, in New York and along the Eastern seacoast. The Lockrey opment proven steel Treatment stems from and research devel¬ (priced at $19.95) the year instruments the in field, and the in protection during manufacture and storage. parts Steel Lockrey a Vault aviation and various The Steel work done for the Armed Forces during the war, which has highly successful in such applications as the protection of steel military Vault Treatment is offered in complete a "kit" containing sufficient material to treat and maintain service of the type of steel surface average small vault installation (or any for that matter). Long Island Lighting Co.—Stock Subscriptions— shareholders Common This company offered seven this of company subscribed for 668,166 Offered—Petroleum will shares GIVING of , equivalent is them shares in the to ratio 97.45% of of one the new shares share, used to 13 offered number a Okla.. EFFECT PRESENT one a offered were price of $16 Proceeds will be Outstanding 900,000 shs. corporation, which has executive offices at 504 Gil¬ Okla., was organized in Oklahoma on Sept. 8, for the purpose of engaging in all phases of the Ardmore, formed , , for them in the maximum of 200 shares each, sale to of repay the new portion a snares of to bank shareholders at loans already and employees employed 1 Be Received Bonds To Bids for also share. a from used on i for ,' • Nov. 9— for bids for the purchase of of first mortgage bonds, series F due of the bonds will be received by the company at City Bank Farmers Trust Co., 8th Floor, Conference Room, 20 Exchange Place, New York, N. Y., before 12 noon 1EST) on Nov. 9, 1953.—V. 178, p. 1668. Pursuant to the principal for bids the invitation public amount purchase ' . I Earnings— 1953 1952 1951 1950 $4,793,350 $4,776,934 $4,715,480 $4,405,009 railway—— 860,983 1,070,265 826,816 986,116 income— 173,979 327,519 69,552 222,o45 39,773,670 September— from Net FINANCING 900,000 shs. cent)— the $16 investment Gross TO at stock common complete which held. Long Island RR.be new through purchase warrants which expired on Oct. 29. shares subscription which Authorized Common 28,153,555 758,416 57,837,542 shares 7,500 $25,000,000 214,266 28.863,402 1,250,817 3,905,393 Finance Corp., Oklahoma City, Okla., on Oct. 451,531 237,262 income— 954,962 banking group headed by Blyth & Co., Inc., The First Boston Corp. and W. C. Langley & Co. is purchasing at the subscription price the 17,482 shares not taken by shareholders. Employees subscribed for 35,315 of the 100,000 common shares 1570. $2,802,928 From Jan. 1— 1,724,081 construction. PROCEEDS—The 1951 $6,384,209 1,461,853 1274. p. Lion each 5.174,981 railway-—*«. oper. 1950 $6,461,858 2,545,540 income number common 1— railway 178, p. 1951 1952$7,248,404 1,658,898 Period End. Sept. 30— Sales will be warehouse 1953 speculation" 299,500 (par lb) at $1 per share. $2,889,432 railway oper. 1952 213,053 1953 $6,491,334 railway proceeds 1983, "as RR.—Earnings— 683,633 350,899 1474. p. building transit $521,470 197,301 . income— Jan. ry. _ railway from Net *$3.50 20, 241. International Great Northern The for City Southern railway oper. Net 8,287,000 v No. ry. Gross $14,756,744 ' 924,626 313,854 Southern Ry.—To Lease Warehouse— Kansas from from Net 1953—9 Mos.—1952 inc. 804,922 344,576 railway 178, limited $4.88 ' 387. p. September—rNet Profit 2,209,541 962,206 The corporation of $3.24 preferred stock goods Gross Industrial Rayon Corp. 2,447,636 income oper. covering 3,658,407 1,489,000 — Kansas, Oklahoma & Gulf Ry.—Earnings— $9.66 1274. p. 2,421,903 1— from An Sept. 30,'53 Dec. 31.'52 Dec. 31,'51 value 36,760 2,603,387 income.— Jan. troublesome Corp.—Earnings— shipped on the system. The facility is on a 6'/2-acre site, part of a tract acquired Southern Development Co., a subsidiary of the railway. The 854. As of— 57,860 $1.23 1953 - (Mo.) estimated Net 46,750 1372. p. from —V. Incorporated Investors—Net Ab-set Value Off- —V. 95,987 39,055 railway oper. ry. 100,000-square-foot building is being erected by a group of Kansas f.561,990 p. 1950 $268,446 93,220 1— railway Net other railway—. income. 1951 $261,433 122,594 oil 702,476 income— on Kansas City railway—— oper. 178, of operating 312,852 income from Net and $1,041,994 oper. Gross inter¬ development $1,129,694 — _— before 3,783,780 1953 $1,100,076 • Gross held acreage, and —_— sales Net railway— from Net dividend Earnings per share on: 375,000 shares of 5% RR.—Earnings— September— Net gas and/or 30— Quarter Ended Aug. 31— , , ry. From of Co.—Earnings— Kaiser Aluminum & Chemical Net Illinois Terminal Gross its funds 765,633 * railway-— railway___ oper. 178, the to $1,180,393 326,622 oper. Net the exploration and presently and and/or more share common per preferred 1950 $1,191,803 from Net After 233.430 From Jan. 1— Gross 1952 $296,789 118,524 railway from A * $1,163,156 railway 1953 $303,311 Lehigh Valley RR.—Earnings— Net Lake Sulphur Months railway— from from 949. p. September— from railway on use "to general exploration prolit after charges and taxes shares outstanding—. ■Earnings Illinois Terminal RR.—Earnings— August— 178, Gross companies. gas & oper. 178, —V. SEC commission Common Net the - agrees the to company's unproven acreage one of New York will act as agent up to the 1953, _in accepting order forms for the fractional interest 'in shares of capital stock Tire Corp. resulting from the stock dividend payable of Liberty Fabrics of New York, Inc.—Files With SEC— Ltd., acquisition, semi-proven of the of $169,000 in 758. quarter p. the shares." the and 178, Registers With — share per with the for interests or Jefferson per- used Gross * * J • statement the extent of 20% to third reduction Corp.—Fractional Shares— Earnings per share SEC the par of and proven used semi-proven of 14, income oper. from 113,710 $0.77 Canada Corp., offering will connection in proven, the to 833. in 50c a public sale of a the to be company, ests of proceeds interest covering $2,117,105 113,710 1,633,129 .___ registration Securities make to development 400,094 f with Globe efforts Net $23.r41,160 $14,780,108 $0.53 preferred dividend requirements.—V. <■ the during $156,000.—V. to months Co. Dec. railway from —V. 870,558 $1,025,899 ; stock Corp., Montreal, share per underwriter, Co.—Earnings- best Period End. Sept. 30— the attributable the amounts $1.67 nine $325,000 for consumer last quarter of the year which Lehigh & Hudson River Ry.—Earnings— 704,112 1953, covering 550,000 common shares, par value $1 (Canadian) to be offered for public sale as "speculative securities" $3.00 in $2.19 first and of 26,'317,132 share, per quarter provision a effected less September— Gross from railway 1,200,423 (1,187,730 shares). a $0.72 third the sales Trust 1953.—V. 30, Net filed $1,298,402 incurred taxes, sale and Net 481. corporation trade to business Net 1952 801,389 requirements common 44,653 $1,700,529 deducting provision, Rubber Lee Securities and Exchange Commission— Oct. 28, 1864. p. 178, p. Jasper Oil 2,201,523 $0.71 on after Guaranty of Gross 1,130,098 ft $972,540 2.337,903 share—. 176, $728,203 dividend Earnings pr.r common share at Sales stock ____— $560,495 $0.87 for income income purchase • . 475,000 _L— profit 286,559 revenues.— profit Earnings Net Dividends, declared 1,468,180 $1,253,740 company 521,314 income income. .on 1,875,148 $1,700,529 13,602 Lee Rubber & Tire Oct. the 26,591,672 expenses depreciation taxes 613,764 $546,893 $674,200 — costs to be This close the of competitive expenses-. on 662,232 $874,200 stated is The the and 1953 taxes and foreign to (& Subs.)—Earnings— and oper. " 1953—3 Mos.—1952 1953—9 Mos.—1952 $7,831,321 $26,316,676 $22,828,900 1,160,657 3,575,677 2,721,929 $9,557,670 1,336,432 taxes inc. income— Federal $30,545,372 $32,384,330 sold, Subs.)—Earnings— pension costs. __w- year. finance The issuance f administrative for Provision *1951 income before Provision 1,531,438 646,601 974,314 (& Co. and related are proposed in the other ap¬ competitive bidding. The bonds — and Preferred *1952 1,012,039 442,590 2,713,896 1,108,482 513,074 285,025 bonds, and sold at and would to other than Federal Taxes, 1474. p. for were for notes help pending receipt of proceeds its concurrent application. in 1953, 1, that so products General Husky Oil Co. (& Subs.)—Earnings— 1953 3,518,747 1950 $480,862 334,280 Transferred from reserve Net Years Ended June 30— 149,656 2,867,812 1951 $573,392 - Commission. these used fail borrowings with 1565. p. Provision on it mortgage issued be cumulative income Cost 630,525 $122,537 deficit 150,880 taxes— advertising promissory deliberately or that filed Nine Months Ended Sept. 30— Total adjustment _ 168,874 1,938,503 Sept. 30— products— NOTE—Net authorization from RR.—Earnings— 1952 Balance From $992,115 128,514 bonds the to addition in 360,917 Earnings per com. share 11,734 $75,985 — charge" on willfully were soon program first Dec. Island Creek Gross ^Income Interest * 11,199 as sought in Commission quirements, 1,323 not assumed Proceeds notes. construction $8,500,000 asked $8,054,300 1,323 did its application, in with new plication, 1953—9 Mos —1952 $852,609 Operating income— Non-oper. income asserted that sought permanent Period End. Sept. 30— Gross operating revenue Oper. expenses & taxes it had notifications against without prior — company's Hudson & Manhattan but providing them said company authority, company issuance 323,914 Sept on The this The 666. —« p future. wells $619,307 income— before State 1953 already permissible 1952 $4,159,021 assets— FPC. seek IP53 __— 30 1372. ox income value cumulative par notes, it the Fund, Inc.—Assets Increased— outstanding immediate for 1274. p. 4,019,911 railway p. saies Net which would mature within one year, would be issued commercial banking institutions. Iowa Power's application indicates that Sept. 30— net were 152,535 railway oper. 178, Fed., a notes, a portion of which were issued Total which Okla., 376,125 income— Lambert Oct. on first mortgage bonds and The 666. p. filed 3 preferred stock. $391,148 420 000 ___ of from ry. Net 27 filed two applications with the Federal Power Commission, -one requesting authority to issue $8,000,000 in short-term notes, and the other for authorization to issue $8,500,000 '564,000 210,069 income— Number and drill is .to time $639,987 railway. oper. Net —V. York. This in Net this 1953 Period End. 833. p. Light Co.—Registers With SEC— Nov. on company New 1,084,148 703,418 L tax completed the next day.—V. 177, Iowa Power & $2,931 184 tax profits excess Co.—Secondary Offering registration statement with the SEC covering $8,500,000 of first mortgage bonds due 1983 to be offered at competitive bidding, and 50,000 shares of cumulative pre¬ ferred stock (par $100) to be offered through Smith, Barney & Co., 1053 1,352,728 income Federal Electric made on Oct. 26 by Blyth & Co., Inc., at was was 2679. p. $3,704,377 operations.- before Federal taxes- Provisions at County, From Jan. 1— $30.50 per share, with a dealer's discount of 55 cents per share. It Hubinger Co.—Earnings Show GainGross the in locations 178, railway from Net Gross secondary offering of 3,000 shares of common stock (no par) 386. p. Th Income drilled Lake Superior & Ishpemin Profit been Oct. on be possible producing.—V. now Gross $12,713,647 assets Iowa-Illinois Gas & of Lighting & Power Co.—New President— Alvis succeed (on stock)—_____ common * ___ share per drill, must Pontotoc The leases have five producing wells and which are direct offsets to producing wells. 1274. p. Sept. 30, '53 net Number 7,940,577 __ income income to in 1953. 1, have leases Net Net Net holdings September— 4 116 853 income taxes- 178, have Investors Management Fund, Inc.—Asset Value Lower $45,052,006 income— on on *8,429 *62,121 As of— $71,125,239 Federal for Federal excess *89,353 of the corporation purpose lease of Sept. as 1674. p. Houdaille-Hershey Corp. (& Subs.)—Earnings— Net $896,654 *85,499 for its acquired $9,827,511 1,377,569 815,390 587,099 $909,367 $11,197,732 revenues ry. opers. income the primary develop 1953—9 Mos.—1952 1953—Month—1952 fxd. chgs. oper. from Net to at The Rys. of Central America—Earnings- Period End. Sept. 30— 19 Nov. on mortgage exhaust St, 15 (1779) International 11 of sufficient 24;—V. Nov. on New close sinking fund, Notice given the up sale due in interest. will proposals for held The Commercial and Financial Chronicle . Corp.—Tenders Invited— Bank Y., bonds now . from Net ry'. From Gross Net Net * oper. Jan. 1— railway—'— 42,150,813 railway——— 6.412,858 4,810,856 income— 447,819 *1,720,148 from from ry. railway oper. Deficit.—V. 178, p. 1274. 40,209,117 •' 37,04(5,244 4,277,427 6,036,644 *2,246,046 *527,61(1 (1780) 16 Net Net Net ry. 650,368 325,602 22.886,279 9,591,890 19,598,932 7,446,725 17,753,377 5.825,956 4,790,463 railway railway from Net —V. $1,971,055 734,139 381,087 3 474,704 2,011,396 income— 1373. oper. 178, p. Net ry. op railway from ry. shares of Hoffman 178, management, and a sidiaries change a Coast Lines the in 74% pletely dieselized.—V. are working to Max Cerf. sold be & Scott s Milton SEC— 20% 1,552,344 T'axes 192,420 Cr2,042 rents-(Dr)— 19,920 income $189,415 $141,853 $1,897,382 10,335 124,449 of the ry. Other oper. to Net of on proceeds 178, Sept. $2,021,831 1,136,511 $2,073,546 Gross 98,451 908,496 Oper. $71,343 $53,742 $885,320 operating The Net filed company With SEC— ' the SEC on Nov. 2, stock, to be offered registration statement with a 1953, Net Net ry. of one Net rr'^e and underwriting bank loans.—V. such 175, p. terms be to are Manheim 178, p. ended Gross from to used be tion to plant.—V. 177, letter a cost part, in pay, filed Net of a Gross Net 1,389,005 Net con¬ 30, 1953 compared to 8.80 1953.—V. 173, p. 383. * 178, 1951 1950 Earned per $191,183 75,379 44,163 Refund of Net Casualty Co.—Tenders Sought— company will up to and sale to it as of Nov. 30 of the ferred stock which is share, per to in flat,—V. the 178, shares of sufficient amount an available purchase exhaust to fund, at the prices of sum not research Dr. $51,289 63,986 the 1,526,450 302,092 36,580 1,503,956 395,636 129,212 A.) 298. p. should Debentures The principal The amount. debentures, 1959 at thereafter the Of used The is net to for used offered publicly 16 Dec. $300,000 and Dec. 1953 1, offering is denominations Dec. 102% ; at due 1965, of types 20 now 1957 $1,000, $100, and $500 are They also are redeemable 5. Gross company and cream Detroit manufacture related kindred debentures, $24-7,300 will debentures, and the balance related principal Michigan, Nov, on distribution and office ry. of It Net from and Net ry. 1933. 3, ice cream Is 9700 Oakland ...... ■ at Gross railway-—— in im¬ of the major role is one CAPITALIZATION GIVING EFFECT PRESENT TO FINANCING Authorized Class B callable debs, capital ...♦Options tional 22.300 option —V. are will 178, stock, (par held $1)——_ of class exercised to stock B . 100,000 shs.Y „ employees key income— at purchase $4 300 Gross purchase^an addi¬ share, of which one to per shares Nov. on Net from ry. —V. income The ($1 in October offered publicly 56,000 shares of 67® preferred stock and 14,000 shares of common stock at par share). For each four shares purchased, one share of com¬ per Gross mon stock Is offered. The preferred of No underwriting Is Involved. stock is redeemable on or 891,466 income on i, 412,058 —V. 16,483,973 ... 3,684,009 1,381,598 15,874,395 3,234,372 935,126 14,810,554 3,667,240 ' 1952 $4,731,641 1,475,537 507,503 30,982,763 - 4,497,182 .' % 32,132,755 " 5,269,303 A five :i,659,732 1,173,982 railway—"L— - proceeds are to be used to-purchase or pay for Inventory and to provide a fund for customers' credit or accounts receivable and addi¬ tional working capital." ' -f / ■; The corporation Immediate corner the in of sa'e of plans and Tremont intentions 16th and china, g'ass, November, 1953.—V. in incorporated was are Streets., silverware 178, to Colorado operate Oct. retail a 1953. 8, 1951 , store and gifts, Gross income. 1373. at the Colo., specializing in said store to be opened Net ry. $3,607,556 $2,843,533 $3,086,376 1,153,451 541.693 835,738 498,082 595,527 250,230 439,196 30,304,225 30,342,204 27,914,288 25,705,275 8,755,824 8,451,112 4,239,054 6,475 883 6,475,981 2,534.241 3,138,866 income— 1— railway 4,445,587 income— 1275. inc. 1953—3 Mos.—lp52 1953—9 Mos.—1952 $4,172,056 $3,568,221 $10,333,805 $9,148,513 463,285 454,536 1.122,293 958,009 182,449 181,815 423.000 404,961 taxes taxes $4,327,799 1,191,347 715,725 30,189,342 4,169,323 1,769,840 26,287,123 v. 3,225,904 836,520 1374. p. Securities Co., Inc.—Net Assets— assets - outstanding 178, p. sales Profit Fed. $10,971,424 before inc. inc. $8,900,071 $32,561,751 $26,604,642 665,175 '340,000 459,633 2,100,403 1,278,352 229,000 1,070,000 633,000 laxes State taxes & Net profit f,Earns; per com. share-— From * above From . $325,175 $230,633 $1,030,403 share r—.—, - . $0.52 $0.36: $0.10 —' . -• $189,558 39,827 National Distillers Products Corp. - • Period End. Sept. 30— Earns, from oper. after , r- Interest charges Prov. for Fed. $7,387,566 808,124 —_ inc. *2,455 1950 taxes 3,398,000 $3,181,442 Total $8,954,533 $9,151,938 $9,831,139 income— 220,723 161,798 203,978 179,055 876,601 876,607 $3,015,070 $3,181,442 — ' 3,511 19,368 $2,995,702 $9,086,871 ' V. 29,970 65.067 $3,177,931 ♦Proportion of profits— 494,364 from ' ' 1275." 7,7" ' :. RR.—Earnings- Net T profit Common f> ,, i shares outstdg.", to 1°53 income 1952 1951 $456,868 $405,302 210,931 187,079 164,357 58,785 80,926 73,983 81,873 1— 3,953,605 1,808,295 income— 775,044 . 3,925,273 1,399,584 4,466,683 railway—__ p. 8,499,725 $0.29 in 8,498,973■ v 8,499,125 $0.89 $0.91 subsidiary companies.—V. . , ■ < 1 . National Ice The 178. ' 1,548,241 649,571 626,481 Preferred Stock— has applied to the California sell $3,200,000 of notes to the to Life Insurance Co. 1,308,957 „ Storage Co. of California-~Plans company 3.360.391 A 580,608 1275. & Cold Private Financing—To Redeem authority railway interest $9,801,169 1950 $511,555 - $0.32 minority . 1475. . $499,679 8,498,973 Earnings per com. share p. 171.932 railway., oper. 178, $9,151,938 1,753,401 586,249 Jan. from $2,138,463 - resulting from disposal v 1,932,144 oper. rv. 1953—9 Mos.—1952 « $4,464,065 $22,125,502 $19,663,326 826,602 2,380,564 ,.- 2,119,794 1,499,000 10.593,000 ' 8,589,000 of properties 82,079 33,019 509,760 railway.,. Net (& Domestic Subs.) 1553—3 Mos.—1952 -• deprec. and reserves— •« $237,290 r 2,010,590 from Net $15.44 • and a $200,000 note to U. Commission for Massachusetts Mutual P. the Anglo California Bank. hearing will be held by the Commission on Nov. 10. the proceeds, about $2,500,000 will be used to redeem Of standing from the preferred stock and the remaining $900,000 Anglo California Bank.—V. 169, p. 9. to the out¬ pay loans Missouri, Kansas & Texas RR.—Earnings- 1 Unconsolidated distributed 1951 1952 $236,441 ; *3,910 560,626 September— —V. 1,243,424 1,265.935 • $14.79 149. „ Gross $18,720,155 $19,201,754. - (net after Fed. taxes) $645,352 $0.07 "* ' $1.66 . $1.01 unconsolidated equities , 1953—9 Mos.—1952 1953—3 Mos.—1952 ' 1952 1953 Sept. 30— Nonrecurring book profit 2,090,256 Missouri Illinois ry. $553,048 $1.13 1952, for $1,500,paid in full Sept. 30, 1953, R. A. Shipley, President, reported. bank loan, which was arranged May 1. $3,811,671 1,439,651 774,201 *13.558 - 23,979 railway oper. Net $699,293 $1.43 $272,721 $0.56 $280,836 $0.57 share year .*Applicable From Period End. Sept. 30— ' ^ $228,608 63,933 •Deficit.—V.; 178, p. from 1950 1951 1952 1953 Net asset value per —V. railway.—— from from Gross - Mengel Co. (& WhoHy Owned Subs.)—Earnings— Net ' income— oper. Net - 1953 railway-!—' railway—, Net $1.80 $3,358,119 income 178, As of 1950 Its Denver, 1475. p. from ry. $2,466,745 964,119 Nation-Wide 1,553,129 . railway From Jan. 1— 1959 at 105% . The - Net 286,268 prior years of 5i.b7 railway— per 000, was 213,099 1,630,160 762,365 p. from $1.59 $1.87 taxes profit Earnings 1950 i- after March ' par,. Net $2,180,476 $2,559,363 $2,559,368 p. for 589,048 1953 September— corporation cumulative 394.500 tax refund special Balance , $54,118,176 $39,343,524 4,755,676 6,619,068 2,575,200 (est,)— 3,665.200 income on before Prov. Mississippi Central RR.—Earnings— McKenzie-Thomas, Inc. (Colo.)—Stocks Offered— 1952 1953 on railway Total net income— oper. 178, Corp.—Earnings— profits tax— sales Profit 256,307 $4,516,950 from Net 1953. 10, 1475. p. Net 665,663 railway— oper. ry. 416,827 Natco Corp.—Earnings— $2,178,186 From Jan. 1— *7,2,871 shs. , from Net Net 386,264 244.625 taxes oper. 178, Net 1951 railway—— from Gross Outstanding $300,000 $300,000 1965 by .certain shares be due 7.321 352,303 Sept. 30— Period End. Sept. 30— 1570. p. September— 12-year 6% 42,664 451,726 855. from ry. —V. Minneapolis, St. Paul & Sault Ste. Marie RR*—Earns. < 1,987,823 railway from Net $2,012,322 * 16,443,555 3,630,611 1,456,723 railway oper. 178, 1,945.671 291,912 before Jan. Shares Detroit Ave., "'• —V. 1,703,047 1— Jan. from 1952 250,687 income 68,906 2,013,530 taxes oper. $2,121,981 594,375 railway oper. From Gross '■ * Mich. from Net the processing and distributing of milk, products, throughout the Metropolitan products, and Its area. of sale outstanding working capital. incorporated in was the in and the from present 42.993 share. from Net production.—V. 178, p. 1669. 1953 $2,039,961 September— from railway the through 82,264 62,280 share p. from From Minneapolis & St. Louis Ry.—Earnings— at Net proceeds redeem engaged ' Nov. company's Controls of the future. Honeywell manufacturers of such devices. not yet in commercial it is 71,469 85,237 Federal Fed. per Net ry. present as the direcctor, said the new power unit, watts, would do work not possible with being produced commercially, and thus automatic largest though underwritten. not of 12-year 6% at 1007c of 1, 103%; thereafter and prior to thereafter and prior to Dec. 1, 1961 at 1017c; 1, 1007c, additional kindred 11, on in prototype aircraft electronic fuel gauge making use of the new transistor already has been built by the company, Dr. Larsen said, sinking fund. be powerful greatly expand the range of transistor uses. example, he said, it would likely play a nation's The in before 1, and announced as developed an proving Offered— company on Oct. debentures dated redeemable Dec. Mich.— Detroit, was times 100 been Net A callable of Co., Creamery McDonald output 1950 $278,055 35.130 Nashville, Chattanooga & St. Louis Ry.—Earnings— research Larsen, an low-output As (II. J, has is has types it laboratories, Finn which $52 exceed to available 1951 $256,486 1953 September— that transistor thumb-size A commercially 20 receive tenders for $2.10 cumulative prior pre¬ including Nov. 1952 $269,364 66,452 income —V. 178, Minneapolis-Honeywell Regulator Co.—New Transitor Maryland 273,783 Federal for income Gross The 1,450,506 759,198 income excess $148,912 14,535 *3,496 1275. p. 2,674.253 499,600 1275. before Net 1,562,054 280,482 1,946,119 721,555 240,986 income—_ 2,126,855 1— p. Provision Earned railway---— oper. ry. Deficit.—V. 143,903 sales Profit 1— railway 250,028 4,345,853 $270,663 railway 9 Months Ended Net the quarter pesos for 1952 $192,462 60,564 34,416 1953 $248,140 95,921 25,969 income $619,459 216.045 48,882 income oper. 178, 1950 1951 $671,264 219,788 6,651,018 railway. from 1952 $646,471 51,469 Mullins Manufacturing conversions have been made at monthly average exchange rate for Mexican currency in terms of was 8.71 pesos to the Canadian dollar for the railway from period the 388. p. RR.—Earnings— Jan. from Net ry. —V. Valley RR.—Earnings— Jan, 178, above include a portion, June 31, oper. during $24,350,000 6,058,202 2,203,001 356,935 income 1475. oper. From 2249. p. ry. Gross $3,104,577 710,777 railway.: from Net filtra¬ water new ry. From of installation of from applied toward the cost and its subsidiaries. be company 5,950,873 railway from 12,321,934 $1,509,450 and debt funded on September— 1024. 28 currency Midland notification with the SEC covering $125,000 of 4%% first mortgage bonds dated Oct. 31, 1953 and due Oct. 1, 1978 to be offered to residents of Pennsylvania at 1007c and accrued interest, without underwriting. The proceeds are Oct. on Net Federal Water Co.—Files With SEC— (Pa.) company average March ended Net The 2271. p. 244,530 September— Gross from railway 6 Months 6,279,522 charges shown financial quarter to 1953 $1,055,143 665,899 railway—_ oper. Net loans— The to railway from ry. —V. taxes and revenue charges Canadian supplied by amend¬ ment. Merrill Lynch, Pierce, Fenner & Beane and Kidder, Peabody & Co. are named as tne principal underwriters. Tne company has out¬ standing $800,000 of short-term bank loans incurred to temporarily finance a part of its construction program. The proceeds of the sale of the additional common stock will be applied toward the payment of soriotio" will notes new 176, 1— Jan. Net $7,788,972 $15,426,511 -—, ; NOTE—Exchange rates. the expenditures of Dec. 31, 1955.—V. income cper. from Gross Subs.)—Earnings 3 Months including expenses operating The are of program railway. from computed at year-end, which is chargeable to "Construction Account." * the bv common stockholders of record Nov. 24, 1953,' at the additional share for each six shares then *o1d. The sub- subscription rate The 1954.—V. 10, Monongahela Ry.—Earnings— provide for exchanges of shares future expansion plans, for any other proper corporate 1953— revenue and other depreciation struction financing the of September— from railway $1,165,050 1953, covering 25,000 shares of its $10 par common 1953. \ 10, Sept. mature Gross board's proposed increase in the company's is designed to 30, June Ended •Financial for Dec. involve to 1, From Light & Power Co., Ltd. (& Mexican $152,193 Maine Public Service Co.—Registers and used on a additional properties under possible further stock dividends, and for purposes.—V. 178, p. 1668. 1274. p. be to request a hearing thereon. the company to pay notes to be 1953, by 13, will construction the Hesthpated acquiring 128,400 etc.- income—— Net —V. int. borrow to on Oct. 30 filed a registration statement with the SEC covering $10,000,000 of first mortgage bonds, due 1983, to be offered public sale at competitive bidding. Merritt- will be continued as a division of Wolfson said that the Mr. $199,743 income- Gross From Bank— authorization for for important raw material component ju steel an authorized capitalization Period Rentals, SEC Monongahela Power Co.—Registers With SEC— meeting vote 105,495 income the to maturing ipterest Montour Net com¬ from Nov. loan and 3(4% be The company to 705,768. in $1,968,051 10.298 until persons bear & Scott. special ing $2,067,749 $19,276,792 $20,240,793 1,748,080 14,895,415 15,452,858 145,572 2,046,686 2,449,752 Cr4,440 J9rl81,107 Dr 134,322 36,679 256,202 235,810 $1,952,087 revenues Operating expenses—— York; Proceeds will operations 1275. p. The Chase National Bank of the City and the Copamisison has issued an order giving inter* $2,800,000 of outstanding of the shareholders has been called for Nov. 24, board recommendation to increase the authorized common stock capitalization of the company from 1,000,000 to 3,000,000 shares. Shareholders as of Nov. 13 will be eligible to vote. As a result of the recent acquisition of a 997® interest in the Fitz Simons <fc Connel Dredge & Dock Co., midwestern construction company based at Chicago, Merritt-Chapman & Scott recently issued 45,449 common shares, raising the total number of common shares outstand¬ A 1953—9 Mos.—1952 1953—Month—1J52 New ested of mill operation Milton 1953, RR.—September Earnings Up— Maine Central 178, applied has company sum of the open on Chapman California and for used to pay debt to the Bank of to be rents the quantity of steel scrap, on Period End. Sept. 30— Equipment of the Milton mill's production, with the balance market. He pointed out that Merritt-Chapman construction operations result in the salvage of a considerable approximately capital. Operating The the the purchase of the plant, property Electric Steel Corporation of Milton, operations at the Milton mill, which currently produces carbon and steel bars, bar size shapes and reinforcing steel. said it is anticipated, on the basis of the company's present volume of construction work, that Merritt-Chapman & Scott will use Oct. 27 filed a letter of notification with the SEC covering 12,500 shares of class A common stock to be offered at $20 per share through Blyth & Co., Inc., Portland, Ore. The net proceeds of Railroad Pacific Missouri mately production, Portland, Ore.—Files With operating in Texas and Louisiana. the new locomotive power is received next year all Gulf and International Great Northern operations, and approxi¬ When of He 1668. corporation fac. recommendation upon subsidiary of the Hurrisburg Steel Corp. E. Wolfson, President, said the company looks to an expansion Louis Miami, Fla.—Files With SEC filed with the SEC on Oct. 26 covering (par $1) to be offered at the market was at p. inventories Pa., stock common Macabe Co., Inc., Joint authorized, 27 Missouri Power & Light Co.—To Borrow The The the of $4.871/2-$5.12,/2 per share) for the accounts of and Robert P. Ludwig at $4.50 per share through David (estimated —V. notification of letter Oct. on District Judge George by alloy Ludman Corp., North A was granted the Missouri Pacific Lines on Oct. 27 H. Moore of St, Louis, Mo., in whose court bankruptcy proceedings of Missouri Pacific are being administered. Forty-eight of the new units will be assigned to the Missouri Pacific RR., and nine each to the Gulf Coast Lines and International Great Northern—the two later railroads being Missouri Pacific sub¬ mately $10,731,000 periods, earnings are based on the number outstanding at the end of the respective share Robbins, Inc.—Fiscal Year Changed— & stockholders Approved locomotive units at cost of approxi¬ purchase 66 diesel Authority to Merritt-Chapman & Scott Corp.—Steel Mill Purchased 26,256,366 income— 1274. oper. 178, p. 17,185 stock months nine Missouri Pacific RR.—Equipment Purchases ,. The directors on Nov. 4 approved 177,454,794 167,132,045 164,205,668 145,180,290 33,943,036 32,113,125 50,506,783 37,169.013 18 677,497 15,029,105 16,597,929 railway--— from Net Net —V- 1950 railway From Jan. 1— Gross Mengel the for per a. periods railway from from of in, owned).' corporation's fiscal year from the year ending June 30, to the year ending March 31. They also voted to advance the date of the annual meeting from the fourth Tuesday in October to the fourth Tuesday in July.—V. 178, p. 1161. 1953 $19,335,927 $19,551,075 $17,499,226 $18,151,481 5,086,450 3,797,459 5,441,864 5,477,255 3 000,203 2,721,893 1,915,075 2,794,924 er.income—_ September— Gross Net of shares McKesson RR. —Earnings— 1951 but operating (100%. owned, periods.—V. 178, p. 388. 15.471,120 6,443,495 2,912,279 the 1952 $201,695 computations t All The Louisville & Nashville and $251,246 and of 1— Jan. from $2,096,964 953,712 370,893 $2,115,113 Limited Africa, West foreign country); and (3) Kalistron, Inc. (approximately 337® These amounted to $63,245 and $45,632 for the three months 1950 - 544,510 income — oper. ry. From Gross 1951 526,634 $2,594,622 railway from 1952 1953 Men gel (2) -Earnings— Ry. Louisiana & Arkansas September— Grots from railway ... $0.62 $0.43 . 1.1 ... $2.09 $0.34 . . $1.35 equities represent the company's portion of the un¬ U. S.-Mengel Plywoods, Inc. (507? owned); earnings of (1) Period End. Sept. 30— Railway $0.43 • oper. Railway .oper. Net rev. $6,787,632 expenses 5,172,888 from ry. oper. Net railway oper. income- —V. 178, p. 1953—Month—1952 revenue- 1275. - $1,614,744 691,105 5,016,714 Natural 1953—9 Mos.—1952 $7,011,935 $65,331,284 $62,561,974 47,092,076 With 45,157,275 $1,9S5,221 $18,239,208 $17,404,699 886,924 7,431,461 7,217,362 This SEC p. Resources of Canada Fund, Inc. corporation covering 2488. on 1,396,304 _ Registers — Securities and Exchange Commission— - . filed a registration statement with the shares of $1 par value capital stock.—V. 175. Nov. 3 , (Continued on Page 55) Number 5271... The Commercial and Financial Chronicle Volume 178 (1781) Stock Record «» New York Stock Exchange DAILY RANGE OF PRICES WEEKLY VOLUME OF TRACING YEARLY RANGE OF SALE PRICES I,o west Highest 41% Oct 6 Oct 2 6% Nov 6 34% Nov 26 64% Jan 10 125 NEW Range Since Jan. 1 Year 1952 108 Jan i STOCKS Range for Previous Lowest FOR EVERY LISTED ISSUE 24 8% May 2 30% Jan 24 39% Sep 22 99 25 Jun 47% Jan 112 Jan YORK 5 Abbott Laboratories a 10% July 3 6% Jan 23 ABC 26% Jan 6 Acme 35% Jan 2 Adams ACF-Brill Motors Steel Co_ 32% Jan fi Admiral 7 7% Sep 6 Affiliated 49% Sep 22% Oct 14 3 107/a Mar May 21 29% Dec 22 51% July 29% Jan 3 1 139 17 Jan 2% Jan 2 18% Oct 29 11 101 Oct Aug 28 3% Mar 6 150 115% Dec 155 8 15 114% Jan 8 5 Jun 3 2 Sep 11 3% Apr 14 17 Sep 15 20 % Aug 5 Aug 10 Feb 27 160 Mar 11 Jan 4 2% Apr 24 5 1 76 9 70 5% Dec 23 23 3 Sep 14 130 Sep 15 78 70 79% May 23% July Oct 9 25% Sep 15 39 Jan 16 1 104 Feb J~an~21 31% Oct" 16 Nov 10 110 Jan 17 85 Jan 2 98 Nov 25 Apr 30 10 Dec 23 8 18 7 Aug 28 46% Sep 87% Sep 8% Oct 78% Aug 11 62 21% Jan Sep 18 6 15 5% Mar 25 81 98 Jan $4 8 Allen Industries Allied Chemical Allied Kid 8 Allied 15 35% Sep 8 Allied Stores 87 21 40% Jan Oct 1 Sep 22 94 Nov 4 23 41% Oct 14 59% Jan 2 Dec 23 86 Oct 8 118% Jan 2 49% Dec 30 40 Sep 14 52% May 25 23 55 54 % Sep 19 3% Jan 3 Nov 6 54% Jan 20 47% Oct 16 2% Oct 23 Oct 20 3% Mar 24 Nov 24 35 Jan 2 33% Jan 30 36 % Mar 24 15% Sep 15 18% Jan 11 16% Jun 29 19% Mar 18 141 y2 Jan 41% Apr 2 21 4% 14 189% Jan 5 Amerada 55% Nov 2 75% Jan 6 Amer 16% Jan 2 11% Sep 14 73 90 Jan 2 4 3%% 8 14% Nov 20% Feb 2 50 59 Jan 6 12% Jan 29 Feb 26 Nov 61% Feb 19 10% Dec 18 19 15% Aug 53% Aug 7 Dec 36% Oct 30 41% Mar 13 Oct 17 Jun 5 12 6% A>ig 31 107 Apr 22 2 34% Sep 21 40% Jan 27 91 Sep 17 103 % Feb 20 15 13% Sep 102 7 Nov 12% Sep 43 11 11 16% Jun 15 29 4% Dec 28% May 43% Aug 31 16 47 31% Feb 9 38% Nov 6 5 12 27 40% Apr 23 44% Nov 42"% Jun 30% Sep 14 49% May 25 26 72% Oct 28 85% Mar 18 5 45 % Nov 7% 7% 19% 18% 25% 24 7 a 44% 44% 443/8 44% 44% 44% 54 52% 53% 52 3/i 54 54'A 55 11,200 48 % 48% 43 % 48% 48% 49 % 48'A 10 50 2 57 55 100 *56 %> 7 35 37 98 1 14% 1 *14% 14% 15% 1 *16% 4% 16% 4% 12.50 37% 38% 25 44% 25 31% *72% 44% 31% 74% 30% 48 20% 22'A 91% 48% 136 32% common 5'%% ser common in common Radio & Co Corp common 100 Cable Sugar 10 com 10 6 3 % % 39% Jan 5 American Distilling 30 8% Jan 5 American Encaustic Tiling 28% Jan 3 33% Aug 11 26 Oct 14 31% Jan 20 American European 18% Mar 7 18% Aug 14 12% Nov 2 17% Feb 4 American Export Feb 19 May 25 American & 14 30% 8ep 3 8 39% July 23 5% Apr 9 8 Aug Dec 8 19 Nov 6 36% Jun 15 6% Jan 23 30 Feb 14 96 Jan 9 20% Feb 26 23% Jun 30 16% Sep 10% Jan 4 3 21% Sep 15 16 99 25 73 17% Feb" 19 25 Dec 21% iuiy~3l Jan 3 2 7 Dec 19 29 Oct 31 25% Mar 18 104 Mar American 5 % % 100% Mar 17 18 24% Mar 16 86 Feb 24 15% Sep 16 19% Feb 2 30% July 23 18% Jun 8 26% Feb 27 May 15 94% Jun 23 105% Feb 9 17% Dec 31 13% Sep 15 18% Feb 2 Jan 4 35% Dec 11 Metal 4%% Ltd Co American 31% Jun 18 39% Nov 4 American Natural News Optical 2 9 136 Jun 25 37 Jan 2 Jun 20 120 36% Dec 11 165% Sep 39% Feb 122% Oct 29 131 30% Oct 16 148 Feb 19 34 9 127 Mar 14 Apr 60% Dec 18 American 6 36% Jan 29 Apr 20 25% Sep 21 40% Aug 18 38 60% Mar 49 6 10% Oct 16 135% July 1 16% Jan 11 150% Jun 11 181% Dec 1 64% May 19 66% Dec 16 3 Dec 18 57 116% Jan 3 7% Jun 13 139% Nov 21 69% Jan 119% Jan 24 9% Dec 22% Oct 22 37% Jan 81% Nov 95% Jan 18 64% Nov 19 16% Oct 16 82 89% Oct 23 109 38 Oct 40% May 15 2 21 Feb 15 7 22 7 26% Feb 13 Jan 30 55% Jan 24 48% Dec 31 36 130% Jun 5 143% Oct 22 60% Jan 5 Tel 112% Jun 9 Jun 13% Sep 57 8 9 10 Sep 11 Sep 11 11% Sep 14 68 Sep 21 29% Sep 14 43% Sep 15 59 24 May 12 Jan 15 40% Oct 15 38% May 1 11% Nov 21 4% May 48% Dec 5 10 31% Jan 2 106% May 21 53% Jan 10 50% Dec 19 24% Jan 24 6% Jan 3 60 July 7 25% Aug 27 94 Jun 25 32% Sep 23 40% Sep 15 8% Sep 15 2% Sep 8 30 Sep 14 5 5 Corp it Smelt com 26 Jan 30 Anaconda Jan 5 57% May 8 15% Feb 26 5 52 Jan Jan 7 9 54 A P W Copper 30 30 42% 42% 423/a 42% 423/b 1,800 8% 5,100 *8% 8% 8% 94 8% 8% 200 50 *102 13% *90 22% 104 105 *103 13% 13% 90 90 50 105 *103 13% 91 200 1,200 13% *89% 8,300 14% 300 90 223/« 22% 22'A 2234 *833/4 84'A 84% 84% 17% 17% 17% 18 18 1.000 21% 213/8 22% 99 22% 8,600 223/8 85 102 102 *100% *100% 7,700 70 101% 1,600 15% 15% 15% 15% 7% *7% 7% 7% 7% 600 38% 12,600 8,600 15% *33% 333/4 33 33% 33 33 31 % 31% 32 32 32% 33% 34 13 13% 13% 13% 13% 13% 6% x28% *38% 39% 29% / 5 1 2% 142 36% 36 *116% ,117% 9% - 29% 433/4 122% 133/4 154 2 3*2 71% 72 141% *38% 50 122'A 121% 145 *124 126 29% 6% 22 283/4 145'A 145 *124 *170% 44 142 35% 116% 172 *170% 6 3/4 63/4 22% 22 44% x43 29% 29% 145 145 39 38% 126 *124'A 29% 293/e 43% 44 50 . 124 14 1543/s 2A 72% 1423/4 36 3A 117 50 122% , 172 *170% 6 3/4 6% 22% X22 % 43 43 29% 29% 146 145% 381/8 126 293/8 44 Oil Corp Mining Products Co Inc Archer-Daniels-Midland 460 2,700 7 4,000 223i , 190 29% / 21,400 145% 38 38 *124% 1,900 2,800 27,200 172 43 280 300 126 44 293/8 2,500 44 29% 1.500 500 50% 503/4 122% 50% 123 123% 750 133/4 13% 13% 13% 9.300 1543/8 15434 154% 154% 50.300 21#. 703/4 142 36% 117 2% 2 ft- 2 4i 72 70% 71% 142 142% 142% 38 3/a 39% 39% 117 *117 9% 9% 9% 9% 93/4 9% 15% 15% 163/s 157/b 248,400 45,700 370 44,900 117% 110 9% 16,400 16 8,700 15% 16% 15% 65% 66 63 64 62 64 63 63% 67% 663/4 67 % 67% 67% 67 67% 280 67 13'% 13% 14% 14 14% 5.100 72 72 73 73% 741/2 280 25.200 13 560 13 13% 25 50 70 % 71 31% 33'A 32% 33% 32% 33% 32% 33 »/b No par 48% 48 % 48% 49 49% 50% 50 501/4 970 30% 3.000 *71% 29% 29 % 29% 100% 100% *100% 101% 32% 32% 32% *32% 43.% 437/B 43% 28% 28% No par 21.80 — Clayton it Co Anderson-Prlchard Andes 31 15% 6.25 preferred Anderson 31 Glass Corp— Common 30% Apr 15 106% Mar 5 45 it Cable Hocking 900 33% *100% 71% 100 25 100 com $5 Wire 500 33/8 33% 2 A 45% Feb 57 300 *31 *92 14% 100 prior preference—No par Lead 9 42 154% preferred Zinc 16,900 62 33/a 25 preferred Amer 32% 61% 33/a 13% — common prior conv preferred Anaconda Copper Mining ' 6 32% 61% 33/8 153% 2 Jan 32% 61% 33/s 100 Co American Water Works Co Inc 97 32% 613/4 3% 44% American Woolen common—No par 21% Jan 32% *61% 50 Tobacco Tobacco $4 conv x31% 44 7 7% 10,900 50 2 88 % Mar 17 8% 1 preferred 77% Mar 17 83/4 com—100 100 Jan 27 % Jan x8% 28 33% 6% 25 common Rights 5% 9% 44 29 10% Feb 119 9 44 Tel Viscose 1,200 8% 5,600 22% Sumatra 6% 32'A 133/8 171% Co American American *8 31% - 100 American 27 35% Oct 138 *31% 13% 22 preferred American 8% 1,3% 170 28 3 *131 32% 8 8% 13% 10 Co 2il Oct 77% Aug *313/4 32% 13% 13% 5 8 137 *130 135 13 13 161% Jan 4 8 *27% common—5 100 Razor 5 12 Apr 152% Jun Jan *31% DAY 25,800 15% x25% ' > Sany American Sugar Refining Nov *130 ELECTION 400 22% 22i/2 No par American 65 49% 26 Co & 91% 48% 213/a Aug 19 16% July 30 *90 31 483/4 24% May 12 14 22% 913/4 473/4 213/4 45 10 22% *903/4 25% Ship Building Co—No par Refg com No par Stores *22% 91% 48% 24% No par preferred 7% 22% 47% 38% 58 19 *21% *90% CLOSED 39 134 Feb STOCK EXCHANGE 383/4 2 Feb 300 20% 39% 6% Anchor 102 Std Snuff 20% *20% 27% 8% *15% Amer Smelt & 7% 20% 20% 38% Seating American 1,000 39% Mar 20 2 800 48% 27% *100% 102 noncumulative preferred—100 American Steel Foundries No par Feb 305/« 48 37% Sep 15 120% Sep 24 2 a" 129% Jan 159% Jan 5 <40% Aug 10 127 30% 483/8 Co—No par Co preferred Barely 30 30% 43 7% Co American Jan 30 *7% 7 65% Jan *20% 200 30 48 1 23 44 48 Co Aug 5 *29% 300 27 42 22% 2 Feb 14 5,800 74'A 21% 6 Nov 1,100 33% 73 % 21'A 165 25% Sep 445/8 32% 7334 21% 4 43 *441/4 32% *72% No par com 15% Feb 3 44% 31'A 73¥4 *83% 17% 21 29 44 % 31% No par 12% Sep Jan 443/8 31% 91 23% 85% 17% 1 53 44% *72% 13% 16% Apr 49% Dec 15,000 102% 16 24 38% 13% 13% Oct 29 373A 102% Amer Potash 8c Chem cl B___No par Oct 38% 1 American 19 38'A 23% 30 38% May 19 5.000 38% 23 Mar 27 42% Apr 43/4 37% 23% 39% Mar 24 7% 163/8 4% 22% 36% Jan American 15 *16% 4% 23% 5 6 *14'A 163/s 4% 23% 16 13 153/8 16% 4% 23% 28% Sep 23 *14% 16% 4% 23% 29% Jan 8% Jun 15 % *16% 27 33% 8% 1 21% Nov 23 V2 Jan *14% 18 17 171% Feb 29,600 94 23 6 14% 18 12 2 14% 94 Jan 11 15 V8 18'A 39 % Sep Jan 14% 94 36 Jun 14% *92 36% Jun 6 400 14% *173/4 19 16% July 963/4 17% 28 148 963A 17% 33% Oct 12 98 18% 31% July 30 24% Jun *96% 94 38% Dec 175% Aug 8 7% Jan 17 97% *17% American 8c 1,800 97% 8,500 73/a 7% Molasses Rud 37% 7% Gas 22 Amer 36 34 *36 *92 100 7% Jun 37 37'A 90'A Products Co 14 6 37% *83% *17% preferred American Metal 500 37% 100 preferred Amer Machine & Mel.qls Amer 36% 36% 100 7 Much 3.90% Sep 7 common preferred & Fdry common Amer 12 7% 37% 100 of 111 prior preferred Locomotive 7% *35'A 3% 42 No par 7% 37% 7 61% *31 1 Products Investment Co American Sep 8 50 preferred 500 9% 32% 3% 1 11% 28 12% *61 10 com noncuniiilalive preferred—100 6% 19% Sep 105 5 Co Co 8% 9 32% American International Corp.No par 9 18% Mar 20 SS 8c Leather Ice Co common American 6 15 79 % Jan 9 84 Jan 6 Nov 2 Sep 24% Dec 11 13 88 8% Nov 22% Jan 94 40c Power.-No par Hawaiian Home *130 *31% 8% *27 12% ;_20 1 No par Electric 8c Gas ■; Secur Foreign Hide American Apr 24 18% Dec 31 24 24 07 14 39% May 27 42% Nov 5 Co Lines Inc convertible 6% 7% Jun 13% Apr 24 222% May 16 Jun 12% Sep American American 14 102 16% Apr 78% Feb 06 86 20% 22% *90% 47% 10 11% *35'A 7% 36% 37% 98 *29% 47% No par No par 15 *35% Oct - 50 No par com Car 8c Fdry common American 2,400 100 67/o Jun 4 563/4 56 55 28% Sep 3 5,000 56'A 56% 117% Jun Aug 163 161% 56 56% 22 5% Mar 25 100 161 % 159 56% 56 22 31 33% Feb 18 55% prior preferred 100 Cyanumid Co com 10 conv preferred series B_100 67 *17% 3,400 54% Jan 9 173 4 17% 17% 159 % 15 170% Jan 18 56 2,300 353/a 14% 9 29 157% 56 10,000 2% *33 2 *34 14% 9 Jan *17% 18 159% 49% 2 353/8 2 2 36% 14% 30 3% Sep 37 55% par *34 15% Jan Jan 158% No par 83% Oct 45 *34 *17% 2 2% *2 1,300 15 Crystal 27% Jun 300 44% 52% 15% American 48 400 94 *91 44 American 10 91% 10 41% Jun Feb_U 90% 13,200 1,700 9 5% Jan 50% 6,500 94% 45'A 98 15 55" *89 % 37% 45% *97 26 21 90% 37% *92 98 96% Jan Jan" 10 *89% 943/8 *96% 59% Jun 3% Oct 45% 96% 89 Apr 15 80% Aug 25 45% 43% 36% *92 1 Colortype Co 11 43% 96% American 8 94 43% 98 15% 20 7 37% £4 43% 2,000 25% *96% 25 12% Mar 37 93 100 19% 25% 100 19% Feb 13 37'A 37% 42% *183A 17,800 14% May 21 20% Feb 13 7% Nov 25% 93 100 Co Jan 19% 25 11% & 151 *18% 25% 74% Chicle Dec 18% 27% Chain 8 900 9,900 74% American 4%% 9% 73% *273/8 American 4 9% 72 3/4 37% 20 10 8% 73% 74 16 6 92 8% 71% 8% 27% 26 96% Mar *90'A 200 11% 50% Feb 55% Jan 92 92 95 27% 34 % Jan 6 92 *25 preferred 9 *50% 6,400 32% 73 14 May 92 32% *93% 73% 24 6 *90% 140 81 *80 32% 95 11% Sep 143 *93% 11,300 27% 26 May 27 933/4 80 31% 93% 50 3% 73% 44% Apr 16% Jan 25 % 31 3/4 94% 30% 72% 146 11% 6 3 80 31% *93 3% 27% 8 Sep 80 80 31% par 72% *143% 11% 50% Jun May 3% 146 73% 27'A 32% Feb 21 72% 3% =■143% 11% 2 90 3% 73% 27% 24 6 *71% 72% 146% 1 73% Apr 23 Mar 3% 37/3 *18% preferred American 71% 72 100 42% Jan Oct 300 com__No par 27% Oct 21 2,100 71 Corp 83% Jun 2 2% 19 3/i *155% 20 Can 12 2% 19% No par Corp Interest American 36% Dec 6% May 2% 19% 8% prefeired 1 3% Sep 20 2% 19% —No par 1952 Cable 7 155'A 2% Co Inc American Jan 6 1,100 pld Boscli of 155 % 50 6,600 23% 103 19% 69% preferred Amer Broadcasting-Para mount 5% 155% 23 102% 2% 8% convertible Ctfs 156 23% 4,400 3,000 8 52 *19% 70% preferred Amer Brake Shoe Co 12 15 22% 8 2% 8% common conv Theatres 103 68% America preferred 4% 23 103 1 preferred 2nd 15% Mar 19 22 Oct 6% American 23 3/8 102% *155% 22% *51 52 *51 1,700 19% 100 of 8% x8 8% 51 100 Bank Nole common American 8% 51 No par common Bakeries C"ni 22% 22% 80 preferred conv 4%% 15% Mar 20 Feo 35 156 eommon__No par Airlines American 31 20% Dec 65 8 16 9 25 16% May American 15% Jan 97% Jun Corp Petroleum 84% Feb 23 *79% Agricultural Chemical—No 29% July 1,100 2% Leather Co com 1 preferred 50 Amalgamated Sugar Co (The)——1 148% Oct 50% *143 gtd Limited 9 50% *19% *70% convertible 30 Sep 18 26% Sep 15 93% Aug 20 *155% Amalgamated Dec 51 5 Aluminium Apr 50% 27% 23% 102% No par Co 74 51 22% 102% 23 *102% 1 Alpha Portland Cement X235 400 50% 146 Co Aluminum 9 DAY 26% No par Dye Mfg convertible 60% Feb 20 12% May 2 71 22% ELECTION 26% 3% preferred 6% 8% 52 28% 27 *143% Inc 8c Allls-Chalmers 3%% 8% *51 27% *26% 100 Mills 61% Dec 1 27% 27 22% CLOSED 27% 27 1 Allegheny 8c West fly 67e 3 2 25 1,400 100 No 10 % Mar Jan 22% 22% 27% 10 preferred cum Mar x22% 100 Alleghany Ludlum Steel Corp 33 22% 22 STOCK EXCHANGE 27 5 767/b Jan May 3,500 100 preferred A prior preferred conv $4,375 4% common—No par 5%% Aug 24 42% Apr Apr 29 Inc 4%% preferred Alleghany Corp common 5 4% 60 common 22 40% Dec 33 Inc 4 Apr 21 Aldens 28 July 17 36% Feb com_; w pfd 1951 series Alabama & Vicksburg Ry Alaska Juneau Gold Mining 24% Oct 90 123 Equipment Reduction 18% Nov 36 95 Gas 8 36 46% Apr 17 95% May 1 Corp Mar 27 32% Feb 21 17 91 74 152 Corp 4.50% 4 May 158 y4 Dec 98 67% May Air 4% 23% 6 2 4% 22% 21% Oct May 4% 1 Addressograph-Mulligraph 24 4% 51% 27 106% May 4% 51% 59% Jan preferred w 5,200 4% 10 16 $3 200 42% 2,300 27% Jun 9% Jan 107% 9% 21% 48 51 *105'A 9% 27% 64 18 Shares 42% 106% 9% 21% 56 Jan 42 41% 106% 41% 106 9% *26% 25 7% July 17 Nov. 6 93/8 1 36% Feb 48 the Week Friday Nov. 5 9% No par 23 22 Thursday 9% Corp 42% Jan 24% Jan 41% *104 Sales for PRICES Nov. 4 9% 10 Adams-Millis Sep 24 32% Oct 9 41% 105 Co 25% Sep 19 40% 105 SALE Wednesday 2.50 Co 25% Sep Express HIGH Nov. 3 1 35% Jan 30 Dec Tuesday Nov. 2 100 30% Sep 16 33% Oct 20 5 Monday Par preferred Vending Corp 4% 29 9% July 1 3% Sep 15 20% Sep 15 14 LOW AND STOCK EXCHANGE Highest *100% 32% 101%, 10 44 44% 14 10 3% 10 —5 No par 33% 20 *9% . 20 10% *93/4 3 % *3% 31/2 *3% 33 % 323/4 33% 32% 20 *100% 101% ; 32% 32% 600 443%: 44% 443% IOV4 3.200 33 10% 3% 33 *93/4 3% 32% 31/4 33 100 600 4,100 17 The Commercial and Financial Chronicle 18 (1782) Highest Lowest 7 15% Oct 1 35% May 8% Oct 22 77% Oct 22 22 42% Dec 16 Sep 30% Sep 14 77 Mar 13 Sep 15 12% Mar 26 15 93 9 46% Nov 10 57 Jan 28 48% Feb 92% Jan 3 99 Apr 1 107% Nov 3 116% Jan 22 9% Dec 19 6% Nov 6 31 25% Sep 7 Jan 112% May 25 2 19 % Jan Argo Oil Constable Artloom Arvin 6 16% Oct 22 23% Mar 25 11% Sep 15 18% Mar 25 29 31 Aug 18 23% Sep 15 29 18% Feb 20 22% July 25 18% Sep 15 16 89% Sep 3 91 Feb 28 01 Jan 2 98 92% July 22% Mar 11 Oil Ashland 104% Dec 13 4 58 21% Jan 7 27 Aug 26 94 75% Jan 9 06% Feb 28 Sep 15 *93% Jan 2 31 Dec 1 25% Feb 97% Nov 6 88% July 123% Dec 22 Mar 25 36% May 26 33% Jan 2 Jan 22 30% Feb 2 99 1 16 44'/a Jan 30 31 % Apr 24 36% Mar 27 117% Jan 30 94% July 16 108% Mar 18 5% Oct 14% May 16 5 Mar Jun 5% Sep 27 29 21 17 3 4% 15 % May 5 16% Mar 13 3 13% Jan 9 17% Mar 17 3 8% Nov 42% Jun 26 14 50% Nov 8% Feb 15 36% Sep 22 5% Sep 21 52% 52% 94% 94 94'/8 EXCHANGE 52 % Feb 6 26 26 Goods 85 700 52% 53 1.900 *94 94% 100 270 *106% 107% 107% 107% 107% 107% '*16% 17% *16% 17% *16% 171% 6% 6% *6% ELECTION 17 12 *26% 27% *26% 24 - 12 12% 23% DAY 12% 23 % 5.100 84 % CLOSED 1 107 1 23 % 7 6% 27% 100 7 *26% 27 1.000 100 12 , 12% 12 t . 12% 10,000 23% 23% 23%. 23% 1.600 19% 20% 3,700 Corp^19% 19% 19% 19% 19% 94 93% 94 94% 95 *96% ,98 98% 98% 98 98% 98% 31% 31 31% 31 % 31% 30'% 91 90% 91% 90% 91% 54% 54 54 54% 54% 28 27% 27% 28 28 27% 27% *92% 94 *92% 90% 92 92% 100 *98 % 19% 94 —100 100 .—10 ; 31 90% 50 —50 54% 10 — *27% Electric Co City : 100 Line Coast Atlantic 93 No pat- 90 90 % 1 RR *96 10 29% 95% *94 -" 96 300 98% 60 30% 1.600 90% 92% 5.500 54% 94 543/4 1,600 90% 100 100 29% 29% ; ' V 29% 29% 29% • 96% 95% 96% 29% 29% 29 30 93% 2,900 102 95% 29 400 94 29% 96% 29 96 29% 89% *96 30% B——;_10() common $3.75 series » 100 -5 Refining *92% 93% W I SS Lines & Preferred 100 29% 96 • 13.500 810 . 29% 3,800 •f Powder— Common prior : 100 *17% 34 34 34% 101% 102 17% *17% 34 34% 1,600 *101 102 102% 200 19 *5% 6 ($1.20)—No par *15% 16 *15% 16 15% 15% Amer—5 15% 15% *15% 15% *15% 15% 3 5% 5% 3% 5% 5% 5% par 39% 39% 1 (The)_No par 4% 4% 4% 4% 41% 42% 42 % 42% 42 % 43% 8% 8% 8% 8% 8% 8% 33/8 20% 21% 21% 21% 21% 42% 43 42% 42% 42 % 17 17 17% 17% 17% Corp —No par Nichols common——No par Conv 33% 33% 102% * 17 % Tack Automatic 33% 101 %• 20 (voting) convertible pld series A—100 4% Austin 3 6% Jun 52% 94% 7% Atlas Corp 9 7% Mar 23 12% Apr 52% STOCK 27 % preferred Atlas Nov 15% Jail 84 7% Common 7 Jan 7% Dec 17 84 27% Refining Co Preferred Atlantic Atlas 31 84 % 8% 8% Topeka & Santa Fe— Atlantic G 31% Sep 30 2 102% Oct 4 84% 2.50 Investment Co_ 3 Mar 114 30% Jan 24% Feb 48.800 17 1 Associates Atlantic 1 26% May & Dry 2 119% Jan 14 89% July 28% Jun 28 97% Mar 25 8 25% Sep 8 » 13 28% Sep 24 24 100% Jun Jan 57% Jan 18 Oct 97 9% * 6% 103 23 83% Sep 14 23 Dec 110 8% No par preferred— 2nd preferred 22 32 Sep 14 50% Jun 8% 107 No par 5 1st 5.25% 99% Apr 25 86 15 Jun 27 61% Jan 8.300 8% 94% Comtnon 22 Atchison 73% Feb 34% 52% 2nd preferred $1.50 series—No par Jan 100 2 25% Sep 23 Jan 20% 34% * Mar 27 Associated Dec 19% 35 - 27% Dec 101 20 94 % Inc__ Shares 19% 34% x52% Inc__ Carpet Co Industries the Week 35 84 % Corp Nov. 6 20% 84 % preferred convertible $4 Arnold Friday Nov. 5 19% -No par preferred $3.75 Sales for Thursday 34% No par No par Armstrong Cork Co com PRICES 20 % 19% x34% com—__5 preferred $6 conv prior 10% Mar 26 14 Illinois of SALE Nov. 4 1 35% 8% 8% 5 Co & Armour HIGH Wednesday Nov. 3 10 Corp AND Tuesday Nov. 2 Par Corp Steel Arraco 32% Jan 4 32% Dec 7% Oct 24 25% May 97 24 102% Sep 21 16 V2 May 28 Dec 31 19 Mar 25 55% May 22 89% Sep 16% Jan 22 5 43% Jan Sep 8 % 5 12% Mar Monday STOCK YORK EXCHANGE 23% Mar 27 14 31 27% Jan 96 LOW STOCKS NEW Range Since Jan. 1 Lowest Highest Year 1952 Monday, November 9, 1953 Continued—Page 2 NEW YORK STOCK RECORD Range for Previous .. pref of Co Canteen Avco Mfg Corp (The) common $2.25 conv preferred No 6 • "• f." %;T •„ 39 *5% 6 39 % '.. *38% 17% v 6 *17% 17% *5% 39 6 100 *15%-.. 16 15% 100 15% 400 5%.,. 5% 38%* 38% 25.100 . 800 B •% Dec 22 »% Jan 30 4% Nov 5 7 Jan 16 31% Oct Jig 39% Dec 10 35% Jan 14 45 Nov 6 8% Oct 6 11% Jun 17% Feb 20 36% Feb 20 29% Dec 49% Nov Apr 23 23% Jun 65% Jan 11 73 18 22 8 Sep 23 20 Oct 13 42% Nov 26 16% Sep 6 30% Mar 19 Baltimore 4 48% Mar 25 22% Mar 17 76% Mar 17 24 67 Jun 9 10 38 Sep 14 59% Apr 22 19% Jan 10 12% Oct 15 17% Mar 12 7 Jan 23 37% Sep 15 39% Feb 24% Dec 22 18% Sep 18 25% Mar 19 9% Feb 21 11% Dec 5 9% Sep 14 11% Feb 7 41 ' 33% Apr 16 40 Dec 22 34% May 20 94% Apr 16 107 Dec 31 93 18 27 16% Oct 22 Brothers Barker 4 Cigars 22% Mar 86% May 9 Beaunil 16% Mar 20 Beech A iircralt. 33% Jan Beech Creek 31% Jan 14 27 Feb 30% May 26 15% Jan 19 10% Oct 20 14 Dec 9 17% Sep 15 26% Feb Oct 1 23 9 14% Apr 28 16% Oct 27 28 Feb 28 16 *91% Feb 13 94 May 22 90 45% Apr 24 14 64 Dec 22 29% Jan 38 Dec 1 Jan 19 106% Dec 11 1% Nov 14 — 22 14 5 8 29 Mar 16 & 12 14 68% Mar 20 17 38 93 Jun 17 1 Feb 27 107% Feb 27 1 55% Dec 31 44% Sep 15 57% Jan 6 144% Feb 6 Nov 3 32 16% Oct 20 15% Mar 15 135% Jun 19 11 % Sep 17 Oct 8 Jan 15 82 % Jan 13 16 38% Aug 26 31% Apr 30 39% Mar 12 22% Mar 17 15 21% Jan 5 Bliss 15 24% Mar 12 Bliss 18 22'% Sep 15 23 36% July 13 25% Nov 31% May 16 41% Dec 15% Sep 28% Nov 5 Oct 26 49 23% Mar 15 3 Oct 29 25 30 16% Sep 21% Dec 29 29% Jan 2 21% Jan 2 29% Mar 18 6% Oct 15 11% Jan 25 6% Sep 18 12% Mar 12 12 V< Nov 6 16% July 1 12% Sep 15 14% Aug 13 9% May 17 11% Mar 6 11 Jan 13 12 52% Jan 14 60% Oct Jun 54% Aug 28 Dec 15 49% Jan 3 61% Jan 9 82 89% Jan 8 95'/a Apr 23 , Mar 86 64% Sep 15 3 26 Mar 25 86% Jun 15 94% Jan 12 48% NOV Nov 13 39% Nov 13 14% Feb 47'/a Feb 21 2 49% Nov 4 21 Sep 33% Sep 15 25 13% Mar 19 11 7 37% *37i% 20% 21 9% *9% 10 pfd 46 % Mar 9 *106 % 96% 97% 97% 97 % 16 % 16% 16% 16 % 82% 81% 16% 16% *81% 81% 9% 9% 9% 33% 33% 28 % 28% 28 % 28 % 11 11 22% 23% STOCK 18% EXCHANGE 10 18% *90 10% 61 CLOSED 61% 36% *104 (Del) 10 28 % xl0% 22% . *81'%" 980 16% 6,700 82% *32% / 28% 10 10% 10 33 100 97% 4,700 33% 110 28% 1.800 10% 11 11 1.000 23. 22% 23% ELECTION DAY 106% * , 5.400 19% 2,800 18% 18% 19% 94 92 92 61% 61% 62% 61% 62% 11,600 36% 36% 36% 36% 36% 36% 2,500 *90 >103 107 *103 106% 19% *90 94 *104 100 107 • 1% 1 1 % 1 24% 24% 24 24% 23% 24 23% 24 31% 31% 31 31%: 31% 31% 31% 31% 2,700 50 50% 50% 503/4 27,400 143% 142% 143% 800 7,000 100 142 12 x49% 143 12% 69% 35% 17% 1 13% 2.50 *23% 11% *67 35% 36% 17% 17% 50%' 1 . 143 1% *141% 1 1% 12 11% 12% 11% 12% 69% 69% 69% 69% 37 36% 36% *36% 37 17% 13% 13% 23 17% 13% 24 23 13% 17% 17% 13i% 23% 27% 28% 27% 47% 48% x45% 27% 27% 47% 47% 47% 48% 21% 22 21% 22 22% 22% 22% 23 24 22% 23% 23 23% 23% 7 7 .—No par No par 7 3,200 28 27% .5 Corp 800 13% 23% 27% . 40 ' 18% 13% 23% *23 5 Brass 16,800 3,100 68% 7.50 Co Co & 51% 143 *67 No par 10 (Delaware) 7% 7% 7% *7 3,500 300 . 8,600 453/4 29,700 22% 4,500 260 23% 7% - 770 5,500 _1 13% 13% 13% 13% 13% 13% 131/a 13% lnc—_1.25 11% 11% *11% 11% 11% 11% 11% 11% .,15 58% 59% 58 % 58% 57 r 58% 56% 57% 2,200 —5 71% 72% 72 73 73% 74% 743/4 75 5,100 100 *92% 93% *92% 93% *93% 93% *92% ——_25 48% 49"% 49% 49% 49% 49% : Book-of-the-Monfh Club (The) Borg-Warner Corp common ; preferred Edison 50% com.—No par Inc_ Co 1 22% 18% 82% 28% 11 22% 9% 33 1,900 106% 61 94 36% 5 common—10 — Stores 3%% 16 1,700 41 97 1.400 10 40% 100 21% 106% 97% 33% 100 Ami Co class A— Boston 40% 107% 96% 9% 1 Class B Borden 40% 106% *32% 1 — Co Bolin A luinium Bond 40 107 60 38% , 9% 39% 10 Co common Boeing Airplane Bon *81% 21 105% 107 1 Chemical Co—iz 600 93% 49 49% 3,700 8% 3,100 RR— - Maine Common 8 100 —— 8% 8 8% 8 - 8 8% 39% 40 39% 40% 39% 40% 40% 41 28% 28% *28% 28% *28% 28% 28 % 28 % 1,200 2.50 6% 6% 6% 6% 6% 6% 61% 6% 3,600 5 23% 24% 24% 24% 24% 24% 24% 5,700 Briggs Manufacturing Corp..No par 35% 35% 34% 35% 35% 36% 36% 37% 30,500 Brlggs No par 36% 36% 36 % 36% 36% 36% 363/4 363/4 700 2.50 18% 18% 18% 19% 19% 20% 20% 21% 18,300 100 No par *94% 40 *49% 5% 100 preferred 2 ' Dec 1 Sep 21 33 9% Nov 17 14% Jan 25 6% Sep 15 11% Jan 2 Bower 7 16% Apr 7 22% Dec 2 19% Sep 15 25% Mar 10 Bridgeport Mar 39% 100 100 Lauglilin lnc Blockson 39% 12.50 Mining Co—1 peso Co (E W) &; 25% Jan 35 37% 20% 9% Decker Mfg Co Boston 10% 38% 20% 9% 4 Blaw-Knox 14 12 % Sep 19 % Sep 27 17 Black & 18 22 y« Oct *37% 20% 9% Blgelow-Sanford Carpel; (Del) com .5. 4%% pfd series of 1951 100 11 Dec 38% 20% preferred 7% 22% Dec 18% Nov 28 14 *37% — Bethlehem Steel 23 ' lay* Apr 900 Foods 46% May 63 12% I Best 20 7 12% preferred Corp Consol 37% Jan 14 12% Co 5 Jan 12% pfd $3.25 ser of lt)46_No par & Oct 18% Jail Cum Best 30 84 12% 50 Loan Benguef 15 2 12 % Aviation Beneticial 7 36% Dec 16 Bendix 5 3 12% Oct 12% 10 4%% Co 1% Jan 29% Mar 78% Sep 12% preferred 27% Jan 22 146% Aug 26 Howell 4%% 5 29% Jan 29 10 Corp 22 16 139% Apr 3.600 Corp Sep 23% Nov Oct 42% 2.50 Beecli-Nut Packing Bell Jan 70 41Vi 70 100 Belding-Hemiuway 22 % Mar 13 93 May 21 70 42% ItR Aircraft 600 70 50 S) (A Bell Sep 50 Beck Shoe 2 33% Jun 1 1% Mar Sep 24,100 17% 41% lnc May 19 Oct 25 Mills 31 16 33% Jun •7 5 36,100 43 70 *69 *6 ) 22% ' —No par prior conv . 17% 7,700 16,200 8% 70 preferred 79% Jan Sep 17 12 10% May 16 4%% 30 7 17 87 Apr Jan 25% Oct 20 3%% 6 4 12 14 5 44 17% 45 41% Corp lnc 22% Jan 30 78% Feb 6 21% x42% 1,500 4% ?' 40% Beatrice Foods Co common Nov X21 43/4-, 44 41% common— Works Iron Bayuk 5 40% preferred %% Bath 97 % Nov Nov 50 100 10 Barber Oil Corp 107% Nov 16 —100 common Aroostook common Convertible 5% preferred 5 41 Ohio & noncuiiiulative preferred—J00 4% *4%, 13 Corp Bangor & 90% July 28 Jun Co 15 Nov May lnc Wilcox 11% Mar 26 54% Dec 15% Dec & 14 20% May 23 36 (T) Babcock Baldwin-Lima-Hamilton Oct 16 42 Babbitt Branifl Roller Bearing 5 Co 3,300 • 33 Jan 18 30% Apr 24 38% Dec 12 28 Sep 22 42% Feb 37 21 33% Sep 21 39% Aug 17 Nov 2 Airways Inc.. Co„ Brass Stralton & 2 24%. ' I . >23% Nov 10 35% Feb 4 17% Sep Jail 9 103%'Jun 4 91 24% Oct 21 27 '/a Jun 5 22% Jun 15 54% May 29 45% Jun 9 11% Sep 25 95 *60 Jan 3 11% Oct 31 12% Feb 14 81% Jun 3 17 21 26% Jan May 28 20 99% Feb 9 27% Jan 29 54 29 Jan Bristol-Myers Co common 3%% preferred Brooklyn Union Gas com 5% cum conv preferred 13% July 20 66% Jan 5 & Brown Shoe Bigelow 1 63 % Dec 23 20% May 26 13% Nov 4 22% Mar 17 27% July 24 20% Sep 14 28% May 20 13 y« Sep 15 Bucyrus-Erie Co x Budd (The) Co common 12 10% Sep 15 16% Mar 25 76% Jan 7 81%* May 29 75 Oct 21 83% Feb Feb 26 50v Aug 4 46 Sep 15 54% Mar 10 16% Dec 16 20 Dec 1 17% Jan 2 40% Feb 14 41 36 Vm May • 28%' Nov 6 5 $5 preferred Buffalo Forge Bullard Co lnc 13% 14 6,400 22%' 23 4,100 11% 8,200 11% *74% 18 67 Jun 10 78 Jan 30 13% Sep 14 17% Feb 3 3%% preferredBurroughs Corp 9 Bush Terminal Co— Oct 6 15 8 125 Jan 21 135 2 14% Dec 31 35 Jan 9 40 11% Sep 30 15% Feb 79 Aug 28 5% Sep 15 12% Feb 118 Apr 26 33 Apr 28 11% May 1 129 July 39% Sep 78% Jan 12 83% Dec 4 8% Nov 13 14% Jan 17 Jan 3 19% Sep 14 108% Jan 4 12 25% Apr 4 19% Oct 28 104% Apr 19% Nov 24% May 16 1% Oct 28 '7% Apr 30 12% Jan 2 16 Mar 10 28 27% Mar 20 102% Oct 30 109% Mar 10 16 % Sep 15 24% Mar 12 Butler Bros 4%% Butte M) *75V4:, 76% 49% *48% 49% 300 27 27% 27 % 28 283/a 15,200 *38 38% 1 2 20% Oct 7 2 California 1% Sep 15 3% Mar 2 15 9% Mar 2 Calumet & Hecla lnc 26 12 20% Sep 24 10 7 Sep 15 95 Jan 14 86% Oct 7 43% Jan 19 51 Sep 5 46% Jan 22 *16% May 26 31% Nov 17 *46% Nov 25 9% Oct 15 20 Jan 11 17% Apr 24 40% Mar 31 21% Sep 14 56 Apr 3 Jan 31 44% Sep 13% Mar 29 3 102 30 54 _ Jan Nov 5 18% Jan For footnotes see page 30 28 54 Jan 5 13% Jan 29 30 16% Sep 14 19% May 25 May 27 11% 11%' 11% 27,300 *80 82 801/4, 81% 70 *65% 70 *65% 70 *65%' 14% 15 *66 15 15% 14% 10% 15% 15 - , 120 70 6,200 15% 12 12 12 10o *132 140 *132 140 *133 140 *133 i 140 50 *36 38 *36 38 *36 38 *36 38 12% 11% *11%', 700 12 XI2% 12% 13 12% 12% 13 *80 % 81% 81% 81 81 80% 7% 7% 7% 7% No par 21% 21% 20% 21% 10o *102% 103% 103 104 102% 102% 17.% 17 17 17% 17% 17% 18% 23 22% 22% 23 10 *17 12% 82 7% 21 , 7% 21" 4: 4,200 13% 82 170 71/2 7% 1,800 20% 21% 1,200 103 110 103 1,800 22% 22% 22% 1% 1 % 1% 1% *1% -1 % 1% 1% 6,000 7% 7% 8 8% 8 8% 18,800 Campbell W & C Foundry —No par Canada Dry Ginger Ale com—1.65% 21% 21% 21% *22 22% 500 $4.25 Canada conv Cannon - preferred— Southern Ry Co Carey Mills (Philip) No par 100 8 22 21% (The) 11% 11% 11 11% 11% 11% 11% 11% 3,200 90% *89 90% 90% 91 90 % 90% 210 *53 54 54 54 *54% 55 21 *20% 21% ; 23% 23^4 24,500 45 45 Mfg *52 54 No par *20% 20% 20% 20% *20% 23% 23% 23% 23% 23% 44% 44% 44% •44% *44% 9% 9% 1 Co Co 5 10 22 2,200 *88% 25 Ltd Ry Capital Airlines lnc Carborundum . No par Pacific 30 11 82 7% Breweries 15 xl0% '*79% 22% Canadian 14 200 11% 82 —3 Canadian 9% Sep 38% 11 ,—5 5 Jan 23% Sep 16% Packing Corp 21% Aug 18 34 38% 100 80% *12 Callahan Zinc-Lead 6% Sep 27% Jan 38 " 5 7% participating preferred Byron Jackson Co 17 Dec 28 38 38% 28% 15 *. ,4 common 22 27% Jan *38 1 28 100 common preferred (A 76% *48% - 1 preferred Copper & Zinc Byers Co 11% *75% 49 5 pfd Bldg 7% prior conv Jan 11% Jan 9 5% 11% 751% 49 100 „ 3% Jan 4 16% Oct Bush Terminal 11% 75% 49 100 10% Jan 29 Dec 89 19 July 15 14 July 17 9 • 26 86 M*r Jun preferred— 11% 76% 49 5 Watcli Co Inc. Bulova Burlington Mills Corp common 7 11 400 62 10 x——x 2 7 11% *61 1 2 31 , 11% No par Jan Apr 61 No par -— 43% Mar 18 '/a Jan 4,500 14 91% Jan 14% Dec - 12% 22% 17 84 62 6,300 253/8 51 22% 10 2 61% 12 %' 13% Jun 22 12% 61% 74 25 12% 95 14% 35%-Jun 22 10% Oct 14 Dec 12 c. 25i/4- *50%' 22 3 Jan 12 51. 61% 14 Jail *94 % 25% 13% 19% Jan 12 95 *49% 21% 92% Apr 16 25% 51 22% 7 76 *94% 25% 15% 8 4% 12% 95 21% 14% Nov - *49% 15 5 84% Jan 7 25 51 61 x Co— new *94% 25% No par Brunswlck-Balke-Collender 16 Co 12 95 15 20 Oct 22% Oct 15% Dec 59% July 14 Brown 25 9% 10 27 27% 27% 17% 17% 17% 17% 9% 27% 23% 45 10 % 9% 9% 30 100 500 4,600 27% ' 28 27% 28 3,900 17% 17% 17% 17% 1,900 Volume 178 Number 5271... The Commercial and Financial Chronicle NEW YORK STOCK RECORD Range for Previous Lowest Range Since Jan. 1 Highest 104% Jan 9 116 Lowest Aug 5 34 Feb 20 41 % Dec 10 ', 39% Oct 30 53 % Jan 21% Jan 23 36% Dec 4 39% Jan 10 58 4 Dec 10% Feb i 20 14% Dec 21 30% Apr 18 142 Nov 3 47% Jan ' 154% Aug 21. 66 Dec 31 2 ; 99% "3 104% Aug 7 i 33% Oct 30 51% Jan 2 45 Jan :131% Dec 15% Oct Oct 16 ; Oct 69% Oct 13 2 15% Sep 15% Oct 15 17% Jan 6 ; Oct > 28 20% Mar 12 23 9% Feb 30 19% Feb 5 Jan 9 7% 65% Jan t. 105 2 , Feb 6 133% Jan 2 v 98 „ r'.. 15 Jan : - 7% Feb '17% Jan 7 35% Dec 17 68 % Dec 29 13 8 10% Jan ' 36 Apr 24 8 Dec 22 40% Aug 18 Oct" 104 Jan 8 [19VH Oct 29 21% Nov 25 15% Feb 5 24% Oct 27% Sep 15 59% Sep 15 11% July 14 35% Jun 16 < % Oct 30 ' - 9 < 110% 2 par 20 Central Aguirre Central 26 Foundry Co Co Sugar 28% Feb 25 22% Mar 27 * 17% Mar 16 Feb 6 10 Jan 29 9 1 22% May 98 8 22 15 13 ■ 14 t 16% Apr 1 11% Sep « 30 30 July 24 Jan 18 5% Oct . 23 8% Jan 34 % Jan 26 105% Oct 21 Jan 2 39% Dec 10 81% Jan 4 88 Dec 23 16% Feb 20 ; 33% 1 4 Sep 26% Jun 17 May 17 28 14 Sep i r 92% Jun 22 4% Sep 26 16 3 21 % July 20 28 % 28% Apr 17 34 % Dec 1 12% Mar 1 18% Dec 17 12 Sep 14 6 % Sep 12% Oct 15 26% Jan 5 21 10% Dec 18 15 24 19 51% Dec 23 40% Sep 15 Jan 16 20% Apr 26 12% Nov 2 32% Feb 20 42 % Dec 30 34 45% Apr 24 61% Apr ! 28 49 % Jan 81% Jan 13 Oct 5 Nov 2 44 % Aug 6 76% May 27 89% Jun 7% Oct 25 Nov 3 6 Jan 6 62% Mar 19 95 12 9% Jan 13 Jan 7 • 8 10% Sep 22 14% Feb 4% Mar 12 1% Oct 13 3% Feb 13 Mar 12 48% Jan Dec 98 27 25 30 6% Oct 24 13 July 13 63% Sep 21 13% Feb 39 Co .5% Jan . 96% Jan Chile . 89% Oct 9 Jan Jan 21 4 102 22 51 16 30% Feb 70% Oct 6 Jan 28 14% Dec 102 30 9% Sep 5 Jan 2 Mar 27 4 95% Jan 2 14% Jan 9 14 95 Jun 10 1 29 Oct 20 33% Mar 5 2 15% Sep 17 17 3 77 18 83 % Feb Oct July 90 Sep 10 22 12 48 % Dec Feb 7 155 Apr 4 152 74% Jan 5 80 Dec 29 80 48% Feb 21 56% Sep 9 , • 18 7 40% Dec 140 ; 15 20'/8 Oct 33% July 14% May 12 79% Nov 25 35% Jan 114 8 92 91% Jun 4 103 22 28% Jan 19 2 24% Jun 4 Dec 37% Dec 2 31 % Jun 31' Jun Oct 110 Apr 4 65% Jan 14 75 Dec 29 37 % Jan 26 Jan ' 12 Aug 9 44% Jan 158 53% Jan 8 12 109% Jan 19 Jun July 14 75 Mar 23 ^ 1 Sep 3 39 % Dec 9 25 % Jan 29%.May 1 '18% Mar 18 2 41 Sep 21 44% Mar 19 18 44 Sep 16 25% Apr 33% Sep 22% Jan 29 % Oct Clinton 3 18 89% Jun 12 3% Oct 24 6% Jan 2 32 % Jan 4 2 Sep 28% Apr 14 22 130% Jan 3 136% Aug 5 128% Sep 3 136 2 88 75 Dec 3 102 Jan 7 Feb 4 117% Jun 13 88 78 Jan 6 40% Jun 87 47% Dec 23 Jan 95 2 24 22% July 2 16 22% Feb 7 41 Jan 18 r 39 Jan 8 60 r 38 Jan 2 59 33 Jun 3 10% Dec 4 125% Feb 20 875 Jan 6 47 % Jan 2 90 Nov 5 27 7% 4% 2 44% Jan 30 Sep 23% July 38% Sep 31 17% Aug 19 Mai 18 38% Jau 6 Commercial 16 Sep 32% Jun 15 22% Jan 2 37% Mar 17 32% Jan 14 34% Dec 31 32% Jun 17 37% Mar 16 2nd 32% Jun 17 ( < 2 109 % Jau 5 23% Jun 10 27% Dec 25% Oct 23 106 Feb 27 113 '97% Jan 19 '13 • ' 31 25 Jun 15 110% Jan 105% July 15 91 Jun 10 102 13 Sep 28 Nov 16% Jan Apr 22 18 11% Jan 23 52% Oct 64% Feb 4 16 27% Sep 8 9% Oct 15 39% Dec 9 12 No par No Par '34% Jan 102 2 3 31% May '99 Jan 48% Jun 16 17 Consol Edison $5 Gas Preferred 4%% Preferred 4% Consolidated 27 38% Jan Consol RR 10% Jan Consolidated Retail Consolidated Textile 23 15% Sep 15 22% Feb Consolidated 12 Consumers Power Co 23 40% Nov 109% Jan 99% Jun 18 31 36 Jun 17 17 103 % Feb 8 93 Jun 23 18 19% Dec 4 18% Jan 2 45 30 102% Feb 11 For foitnotes see paee 28 133 Nov 13 12% 13% •123/4 13'A 43 5/« 43% 43% 433/4 441/8 3,500 12% 12% 12% 13 13 36 13% 16,100 36% 36% 36% 36% 37 48% 2,200 48 % 485/8 49»/4 2,400 *63% 48% 65 Cuba 921/a 300 92% *92% 8% 8 % 8% *8% 8'A 11% 11% *11% 11% 11% 11% 400 "2% 2% 2 2% 1,800 *7% 75/8 7% 8 2 2 7% 73/4 *25 800 800 26% 26 26 261% 261% 460 67% 67% 67 % 67% 673/a 67% 18,200 193A 20% 4.300 28 3/8 89% 108% 76% 55 48 49 13% 20% 96% 96% 96% 963/4 50 503/4 50% 50% 28% 28% 283% 28% 29 13,500 79% 20,900 77% 77% 78.' 10% 10% *10 100% *99 29% 293/8 29% 29% 29 16% 29% 1.300 16 16 16 16 1,000 15% *77% 34% 78% 78 10% 102 78% *833/4 35 35 35 190 *161 *161 190 88 *83% 88 52% 525/8 523/4 52% 106% 106% 106% 106% ♦10 102 *78% 34% '161 60 79 70 35 2,700 190 *83 3/4 52% T 06 200 10% *99 88 . 53% 4,700 3/e 106% 140 *71% 73 71 *42 43 *703/4 71% *41% 43 *41% 43 21% '21% 213/a 21 37% 213/a 36% 1,900 37% 36% 37 5,700 21 37 71 20 10 27% 28 275/s 28 953/, 953/4 27% 28% 95% 95% 2% 2% 95% 95% 110 2% 2% 2% 23A 6,900 32 32 32 32 *132 135 132 132 88 109 88 *87 109% 109% 89 109% *825 313/4 32 132% 6,300 135 *87 109 825 1,300 10 89 100 109% 1,300 — 40% 41 41% 41% *89% 90 41% 90 2,000 90 15% 153/8 15% 17% 17% 155/B 91% 15% 17% 1,400 17% 49% 17% 49% 175/a *48% 9,400 493/4 54% 54% 15% 55% *52% 48% 48% 55% 54 *52% 54 41% *90 -48 49 54 54 *52 54 80 260 140 , 10 48% 48% 49% 49% 48% 49% 5,500 48% 49% 49% 49% 1,600 2,100 41% 42 25% 41% 253/4 25% 35% 42% 4,800 36% 41-% 42% 42 36% 42% 363/4 3,600 No par 18% 18% 36% 363/4 363/8 365/a 183/e 18% 18% 18% 18% 36% 18% 6,400 36% 363/4 37 36% 37% 12,500 363/4 363/4 365/8 36s/8 37 37 37 com 25 25 36% 36% 36% 36% 133/a 36% 36% 37 37 5% 6 6 22% 23 20% 20% 27% 27% 23 20% 273/4 7% 7% 7% 40% 41% 41% 107% 1073, 27% 5% 700 1,200 23 • 23% 23% 233/4 5,000 20% 203% 20% 203/4 2,700 273/4 8 r% 28 8% 41% 108 100 26% 1073/4 26% 108 263/8 2 6 5/8 107% 107% 108 26% 26% 1073/4 107% 100 *97% 98% 97% 98 *13% 133/s 13% 13% 133/a 28% 5% 28% 8% 700 700 8% 9,100 41 413/e 16,300 108 108% 900 *11% 12 *97% 99 26% 3,200 26% 108 108 150 99 133/8 *97% 13 3/8 133/s 300 *12 123/a 300 50 Inc *11% 12 12 54 12% 54% 53% 54 100 pfd Co 6,900 5% 1.33% Corp " 290 5% 41% 108 % 13% & No par com *107% •37 23% 20% No par Light 13% 36% 36% 5% 10 Corp.—5 com 13% par No par 54% 54 3/4 183/4 183/4 *18% 19% 1 18% 18% 6% 18% 300 63/a 6 % 63/8 6% 6% 8% 6% 63/s 83/4 2,900 8% 8% 8% 9 9 9% 5,000 Inc.—10c Aircraft 1 17% 41% 42 41 % 41% 102 com , par common 21% 22 No par preferred Inc 79% 280 2,300 100% *825 49 20 . *101% 2nd 92Vb *92% Corp of America com 10 preferred_l. 100 Continental Baking Co cum__No preferred 8,000 92% 63% Inc.No par 4% conv 643/a 62% 1,500 Stores Vultee Can 200 62% 63% 8 *64 661/2 62% *106'/a $5.50 66 425/s 25 6% preferred preferred Continental 48% *64 106 5/8 $4.25 16 17,700 500 43% 106s/8 $3.75 May 20 *87% 108% *825 *48% Container 6 87 112% Jan 1,400 106% 8 8 300 6% 106% 97% Jan 16 13% 65/8 No par 6 Feb 29 ,13% 6% 105% 58 % Nov Jun .29 13% 6% 40% 13 99 293/8 13% 6% 106 3/a 23 117 293% 133/4 17% 89% Sep 5 4,300 2,100 105% 45% Jan 16 193/8 19 x39% 7 Jan 19% 183/4 17% 31 108% Sep 19% 18% 403/4 Feb 96 100 19 18 % 29% 106% 48% Dec 41% Aug 19 19Ve 200 1,100 '18% 40 25% May 21 95% J«n 4 ' 233/4 106 $4.52 Jan ,*23% No par No par $4.50 108% Feb 135 100 Laundries Corp.. 5 Consolidated Natural Gas. —15 10% Jan 19 233/4 2% 32% 17% Consolidated 1 Jun 96% 2% 15% series B_ 14 35% Apr 95% 15% series C Grocers of *23% 10 Elec 23 99 21% 17% No par 8% Oct 110 May 16 109% Nov 26 12 92 Y of-N Power Co of. Bait 24 2 21 89 preferred Sep 6% Oct 43% Dec 89% Dec Jan 42 No par 1 2 16% Jun 58 73 41 Inc 38% Dec 2 Jan 5 88 89 preferred 20% Dec 15 102% Jan Jan 7 Mar 26 16% Apr 13% Apr 35 190 40% preferred 14 11 Mar 24 <16% Apr 11 5 42 *132 Co Apr 12% Jan ' ' Jan 100 10% Aug 13 • 28 *83% 100 Coppermines 25 41% Nov 2 23% 86 M25/8 Consolidated Feb 10 15% 36 42% 11 14 33% *161 32 Publishing Co___No Corp; • Consolidated » 1 Cigar 6% Sep 34% Jun 15% 36 25 % Congoleum-Nairn 103 % Jun *85% 14% 3/4 42% Consolidated 19 85% 14% 253/4 15 25 85% 42% 30 12% Jan 6,500 35 14% 253/a 31% Jari 39 % Nov 36% 36 86 41%- 24% Jan 109% Mar 27 400 25% 10 2 273/4 25% 28 1 ,27% 20,200 20% Oct 7% May 27% 15% 27% Jun 32% July 18 27% 13% 7 *106% Jan 720 273/4 61% 2 July 1,600 13% 15% 25 31% Feb 313/4 103 61% 27% Jan 6 31% *101 155/8 16 19 313/4 103 61% 27 Nov x31% *101 15% 5% Sen 21% Apr 32% *60% 22% Oct conv 600 15s/8 2 Nasi, 6.800 31 61% 18 27 29% 52% Solvents...: convertible Mills 12 3/8 12% *30% 15% 31 $1.40 100 61% 10% Feb Cone 12% 30% , 6,800 41% 35% Dec Conde 12% x30% 100 7 21% 61% 28% Jan 3 *63/4 203/4 15% 10 27 7 21% 300 41% 26 Mar 14,500 11'A *60% 6% Dec 8 , 22 13% 15% 35% Dec 37% Mar 16 29% i.No par 23% Oct 28 < 18% 21% *11 2,200 DAY 106% l Commonwealth Edison Co $1.32 18% , 5% ELECTION 100% 52% Southern Ohio Elee__5 Commercial 17 7 20 3/8 102 -12% 10% 10% *98 No par Credit Sep 11 *63/4 20% ' 6 % 77% .a.No par Engineering 31 7 21% 11% A 13% 75% 106% —No par Combustion 38% Aug 18 21% *106 ,55/8 28% *71% par No par 25 34% Dec 18 *11 < L , 18% 28% 77 cumulative prefeiTed.No par Carbon Co., .i_.No par 35% Jan 800 51 77 Columbia Gas System Inc No par Columbia Pictures commoiu.No par 2 18% 20 53% 27 18% 96% 49 20 18% 50% 48 17% Oct 17% 96V8 100 300 Southern Ry com & 7,500 17% - 19% 53% Columbus 19% STOCK 55 26%i Mar 16 90 193/a CLOSED 100 pfd—100 2 1063/4 19% EXCHANGE noncumulatlve $4.25 r, I (T 106% 19% 95% 15% Columbian 46 20 noncumulatlve 1st pfd 51% Mar 17 % 1063/4 50% 4% 63 % May 27 11 19% 4% 6 87,500 % 50% Columbia Broadcasting Sys cl A_2,50 Class 13 I 2.50 15 t56 900 19% 95% 15% 20 com 65% Mar 24 30% Jan f Co 49% Oct 37 5 stock__50 preferred- 8 59% Mar 10 _ 1 26 3,700 5% 68% Corp 11 15 67% 'preferred—100 (Tlic) Inlernal'l Sep Nov 39% 29% 25% _____— Sep 13% Jan 24% gtd—50 com 47 5 5,300 39% " 5% 7% „ Co 38% Jan 61% Apr 4 27% Aug 13 7% 27% 1 Jan 25 27% 28 ' 11% 5% 2Va ^.1 Nov 15 92% common Colorado & 12% July 15 11% Jan 29 1,400 70 113/4 106% 18% 63%^' 92% 37% 67 11 62% 36% 66 % Mar 24 22 31% 69% 23% 43% No par 13 49% Oct 43% • 48 9 39 123/s 8% ; 50 38 % Jan 383/8 31 6% ...No par 4% 12 1 38% 30% t: 14% 13% j._5 7% Dec 21 11% 30% 11% 100 Collins & Aikman Corp Colorado Fuel &;• Iron Mar 24 70% 11% 35% 13% 6% 13 2% No par : Colgate-Palmolive $3.50 *13% *11% No par 1; cumulative 2nd Coca-Cola Co Coca-Cola 303/4 *69% 11% 1,500 *85% 29% 8% preferred—100 RR Inc preferred 30% 69% 5% 27% 18% 29% —No par new. 20% Mar 17 Oct par cohv preferred—.100 cum 30% 5% 5% 63 %_- Illuminating com.No &' Pitts Corp Clueft Peabody 700 1,100 32% 48% Molybdenum 4%% *18 63% Co com 24% Feb 63 14 34% Oct July 24 Nov Co preferred Clopay 16 11% 19 48% preferred 11 16% Jan 5 Nov 4 50 20 101% 23% com.No par common 14 39% Feb 3 37 8 Feb do 40 % Feb 11 20% Jan 28 5 2,800 15% 12% 13% j. 59 % Mar 27 29 56% Jun Jun 96% Aug 31 32% May 25 16% 20 17% * 36% Corpr Louis Ry Foods 16% 5% *6% 35% 12% • Sep 14% Sep 4 42% Jan 40% Oct 14 15 Oct 13% Oct 9 7 80 17% Oct 32% Jun Oct Jan 9 Apr 17 . 107 874 9 16% 5% 21% 28 35% 1 Special guaranteed Clevite Corporation 19 24 % Oct . 15 Elec $4.50 5,300 16 Electric— &, convertible Cleveland *27 10 noncumulatlve CJeve 68,500 73% 114 15% 6% 25 Equipment 5% 22% 72% 20 20% 102 6 36% preferred.. Financial 4 % % *100% 25 Investing Climax 81 % Apr Jan City 21% *"112% 73 15% 11% 32% joo 5 % % preferred City Products Corp City Stores Co common 43 % Mar 20 , com__No par A__ Cities Service Co 11 , 91 T c C C & St 16 70% Aug 10 I Clark 47'% Jun 100 100 ; 6 10 90 No par 1 Common 6 Apr Feb ' 105% Mar 12 5 Mar 24 102 50 com 4preferred 1 ! 100 Cincinnati Milling Machine Co___10 C 22% 114 71% ; •' 20 21% 30% 18% Chrysler Corp 17% Jun 94% Jan 303/4 1 Co Cincinnati- Gas *112 4,600 104% 5% *17% 12% common.. Copper 20% ' 150 47 403/4 *103 16 *17 21 12% & convertible 465/8 104% 20% V* 14% Cliickasha Cotton Oil Cliilds *103 16% 19% 85% pfd Cab 20% 71% *105 6% 85% 'preference—No Chicago Yellow 46% - 104% 112 121 38% 113/4 20% Pac RR_.No par preferred series A 100 conv 122 % 121 2,500 11% 21% 65/a *23% Pac preferred Series 5% 21% *11% *14% uoncum convertible 121% ■A No par & Western Chicago Rock Is! 13,800 69% 383/4 colli—No par T A 15% 5% 18 __5o Paul North 153/8 20% 17% preferred.—100 Chicago Pneumatic Tool $3 38% 40 series & 5% 82% Mar 19 Oct 18 5 5% Cliic 6 Aug 31 12% Feb 14 68 % Feb 51% Jan 21 % May 21 155/e 70 11% *17% No par convertible St 900 15% Co— A Milw 13% 20% 70% 11% 32% Class B 65% 13% 112 31 693/4 10 preferred Chic \ 19% Chicago Ind & Louisville Ry cl A_25 6 13 59 30 29% Nov ' Jan 22% Jail 59 23 95s 27 r10 10 5% 41% 65% 13% 30%) 31 1 Co Chicago Corp (The) Chicago Great Western Ry 6 41% Oct July 25 72 % Dec 18 2% Oct 1 Jan 75 11 8% Sep 14 18 56% July 23 9 ' Sep 6 21% Mar 24 DAY 106% Products" Corp Chicago & East 111 RR Class 40% 65% 16 19% 5 17,400 41 5% *16% Corp 400 13 *103 20% 5>/e 42% 65 46% ELECTION 16 20 500 42% 40% 16 15% 100 39% 13 120% 16 50 preferred 3%% H v34% Jan 27 f $4.50 16 Shares 108 15% r 106% Manufacturing 1.25 Chesapeake Corp of Virginia. 5 Chesapeake & Ohio Ry common—25 27 23 % Mar,, l 6 28 1 85% Oct 7 27 % Oct Belt 42% 108 *39 65 CLOSED 70% 10 Checker Cab 26 % Mar 17 16 18% Oct 15 30 Oct 17 West 42% EXCHANGE 112 693/4 50 Common 7% Mar 27 17% Jun *39 % Feb Mar 22 103 % Jau 15 Sep Aug 31 r Chain 2 20 Oct 32% Oct 41 % Feb 12 Soul,It Champion Paper, & Fibre 15 Jun 18% Feb 7 3 32% Sep 80 ^ Certain-Teed 4 21 7 Feb 31% Feb 23' 12 37 15 15% Feb • 100 A Violeta Sugar Co. 9.50 Century Ribbon'Mills—i—No par Cerro de Pasco Corp __5 5 20% 110% % Central RR'Co ot N J class Class B ..._i__' 39% 109 40% 47 104% 20 —/i! Central Illinois Public Service 15% Mar, 20 15 20 Dec 38% Jan Sep 27 Jun 2 !)•% Mar 12 15 23% Dec 22 % July 22 v 6% Sep 19% Oct 42 Feb rights No par Central 21 3 58% Feb Georgia Ry'__ .preien'cjd _i.l_i.i_c. Central 11 31 Dec ' 4%% ■'< Apr 23 6 10 8 28 Jan 18% Jun 15% Dec 13% Oct 110 of Common 1 Dec 33 % Oct 12 28 24 *34 r % Oct 20% Mar "~20% ^ 42% Mar 25 28% Feb 17 ; :~5% preferred Series B—^ 100 Central Hudson Gim & Elec—No par Central Illinois Light common—* 14 20 ' Central 30 Mar 27 14% Sep 14% Sep Feb 24% Oct 5 22 13 , *103 —1 73 % Jan : 39 13 ■ 4U% Jan < 17% Jun 24 ' 16% Apr ( Jun 46s/8 - 9 ' 15 97 10 i.,5%.-.preferred 20% July 27 , 155/8 119% the Week 65 STOCK 15% ' 16% Mar 18 13 119% ■ 5 *108 41% 64% — i'- <47% Jan 64% *12% Friday Nov. 6 39% 41% 100 - Nov. 5 108% 1 Prefeired 4.20% 100 Celanese Corp. of- Aiiier ,com__No par 1% 2nd preferred— 100 4 %.% : cohv, preferred series A.100 Celotex Corp .common—_ No Sales for Thursday 40% common PRICES Nov. 4 393/4 *41% SALE Wednesday - 108 393/4 40 M 19% Mar 25 108 12.50 %. •Caterpillar -Tractor 24 38% Jan t* prelerred HIGH Nov. 3 50 Case; (J I) 19 4% Sep 14 5 _io Carriers Jan 2 108 No par -:.Conv prelerred 4% series & General Corp Co common™. > 14% Mar 27 22 2 Light Corp. tcommionJ 143 9 19% Jan 26t> Mar. 5 . Power &■ Carpenter Steel Co_— Carrier Tuesday Nov. 2 Par Carolina 4 16 25 ; 23 19% Oct 150% Feb 19% July 30 a 21 ,110% Jan 24 Mar Monday " Clinchfield & Ohio Ry_100 . 6 94% Nov : EXCHANGE Jan .-. 72 . 17 96% Jun • NEW YORK STOCK - Carolina 45 % Mar- 5 •. 5 Sep % Sep • 49 2 5 •» 43 : 12% Sep 24 14% Sep 16 115 V /" 113% Mar 19 14 55% Jan 3 Oct 22 i 39% Sep 34% Jan LOW AND *• Highest 103% July 20 34% Jan 10 28 ; Continued—Page 3 STOCKS Year 1952 93% 93% 20 57% No par *94% preferred_.No par 132% 58 95% 135 40% 102 18 102 18 40 *101% 18% 40% 54% *18 17% 54% 18 3,700 13,100 393/4 40% 105% 105% 108% *106% 106% 41% 413/4 42 *101% 102 40 106 102 8,200 580 60 3.800 .21% 21% 22% 22% 21% 22 900 94% 94% 94 94% 93% 93% 270 58% 6,300 57% 57% 57% 58% 57% *9434 95% *943/4 95% *943/4 131% 132% 132% 132% 132% 95% 133 700 20 The Commercial and Financial Chronicle... Monday, November 9, 1953 (1784) NEW YORK STOCK RECORD STOCKS Range for Previous Year 1962 NEW Range Since Jan. 1 YORK STOCK Continental Par Cop & Steel Ind com__2 17 10% Jan 21 7 % Sep 15 10% Mar 17 16% Feb 15 18% Jun 30 17 % Jun 11 20% Mar 17 11 Nov 17 6 9% Sep 16 13% Mar 8 Continental Diamond 68% Apr 16 Jun 16 82% Jan I Continental Insurance 7% Apr 30 Continental Motors 66% Jan 2 7»% Nov 19 »A Oct, . 15% Feb 26 10% Nov 28 81% Nov 75 25 28 67 7% Sep 14 11% Mar 25 Apr 3 Jan 30 48% Oct 13 62% Jan 15 % Sep 15 22 5Yo 5 Continental Oil Continental 28 % Mar 0 18 31% Aug 13 19% Sep 14 22 29% Jan 25 19% Sep 21 26% Jan 2 28% Jan 2 19 % 15 27% Feb I 14 Sep Copper 12 51% Jan 10 22% Mar 21 Oct 23 Jan 28 14 65% Jan 30 18% Sep 15 26% Mar 21 6 48% Jan 62 Preferred 69% Jan 9 58 Jun 18 68% Jan 66% Nov 5 87 % Jan 25 70 Apr 1 89 % Nov 6 Jan 16 14 06% Jan 10 Jan 23 22 23 93% Sep 93 99% Apr 99% Apr 93 % Sep 15 98 Jun 25 65% Feb 1 Sep 25 67 % Feb 6 75% Nov 63 10 Jan 166 73 178 15 Apr Cum 6 Corn 174 NOV 5 7% 5 Jan 20 2 Mar 31 161 II Mar % Sep 15 15 15 May 22 12 87 % Jun 1 95 25V4 Jan 2 27% Mar 12 12% Jun 15 15% Mar Jun 10 84% Jan 15 26% Jun 16 32% Nov 6 22 19% Jan 28 13 36"% Feb • 103~% Jun" 13 91 9 Oct 28 39% Jan 30 20% Sep 77% Oct 23 92% Jan 30 68% Sep Mar 25 36% Dec 8 20% Jan 18 27 22 15% Sep 25 19 5% Oct 28 Dec 22 65 Feb 10 49% Jan 3 12 20 Sep 16 32 24 6 93 8 % Mar 20 $2 15 15 33% Jan 0 15 80 5 Cuba RR 6% 8 22 21% 22% 23 ELECTION *48% 50 DAY *48 8 5'A Sep Sep 15 25 64 6% Sep 21 12% Mar 19 Cuneo 21 34% Jan 29 Cunningham 8"% Ap* 2 15 Curtis 94% Sep 29 21 67% Feb 4 7 6% Sep 15 0% Feb 2 24% Sep 10 16 Dec 0 39% Deo July 23 2 S3 95 May 13 Jan 13% Dec 22 33% Feb 19 36% Dec 17 Cushman's Sons Inc Jan II Cutler-Hammer 14% May 39% Sep 31% Jun 19 58% Atlg 13 49 Sep 17 67 16 3% Aug 6 11% Sep 10% Jan 33% Feb 19 36% Dec 12 33% Jun 15 16 85% Jan 2 Jan 02 Records 50c Co & Co Inc.. 393/4 40 253A 26% EXCHANGE 25% 26% 26% 26% 33% 33% CLOSED 33% 33% *32% 33% 62 Feb 27 85% Dec 30 74 July 30 Escrow ctfs for common 100 23 Apr 24 81% Apr 28 97 Dec 99 Aug Escrow ctfs preferred 10o 24% Mar 23 Derby Oil Co 29% Nov 5 Detroit Edison 2 Detroit Hillsdale 100 24% Jan 17 15% Oct 7 Jan 3 25% Dec 12 24% Jan 16 55% Feb 13 Nov 17 61 5% Jun ig 6 % Jan 11 3 18% Feb 21 11% Oct 9 17% Sep 18% Sep 15 19% Jun 16 24% Mar 10 Devoe 26 25 14 33 Diamond Alkali 19 95% Jun 9 108 52% Mar 31 32% Jun 24 40% Feb 3 Jun 12 34% Feb 13 12 25% 25% (The)— 8 20 S W & RR Co_100 Detroit-Michigan Stove Co 1 Mar 17 common- preferred Match 100 No par common preferred cum Motor 25 Car Co >_50c 11% 2 28 % 9% No par 38% *10% 15 % 11% Corp 13% Feb 15 % Nov 52 Apr 17 65% July 1 60 jun 16 44 % Dec 8 33% Jun 10 35% Oct 30! 105 % Mar 29 94% Jun 29 17% Sep 15 24% Jan 5 5 83% Jan 14 43 Feb 13 12% Jan 2 20 Dr. Corp-Seagrams Ltd Pepper Co No par 23% Mar 10 Dome 74% Oct Douglas Aircraft Co Inc 20 Mines 43% Jan 8 36% Oct 30 Common 102% Jan 15 $4 Jun 4 118% Jan 23 97 No par Co "when No par 3%% convertible 6,500 173/a 2,400 28% 29 29 29% 29 29% 64% *62% 3 11% 3 64% 3 12 12% *62% *62% 64% 3 3 3 12 11% 11% 8.100 64% 3 3.600 Duplan 12 4.600 300 34% 34% 1,800 34% 34% 34% 600 12% 11% 11% 115/a 11 3A 113/4 11% 2,100 11% 28% 9% ll5/8 11 3/8 11 s/8 113/4 11% 12 2.700 28 3/a '28% 28 V2 29 28% 29 14.900 9% 9% 93/8 38% 10% 15% 38 10% 15% 71% 71% 71% 36% 38 93/8 2,300 900 10% 36% 10% 103/4 *10% 10% 900 15% 15 % 153/8 155/8 6.000 72 72% 71% 723A 4,300 36% 25,600 36% 36% 36% 36% 19% 19"% 19% 19% 19 3/8 *76% 78 *76% 77% 77% *35 38 *35 38 37 7% 38 9% 38 100 7% 9% 153% *36 *102% - 38 36% 1 (EI) & 103% 73A 7% 36% *36 *102% *34 103 >/4 36'A *36 38% 36% *102% 103'A 19% 193/8 19% 77'A *76 5/s 78 *35 37 7% 7% . 4,800 60 7% 3,400 103 103% 103 104% 104 105 % 103% 104% '24,300 116 116 116% 1163/2 116 »/2 116 »/2 943A 945/8 94% 1,000 29% 295/8 293/4 15,600 $4.50 series— No par Preferred $3.50 series No par 42 48 Feb $3.75 preferred $4.15 To 51 Jun 10 51% Oct 27 52 Nov 19 47% Apr 23 51% Jan *48% Dec 10 49 % Dec 9 43% Jun 4 48% 8% Apr 2| 10% Jan 1 9 % Jan 0 10% May IB DWG 28 17% Sep 20% Sep 18 23% Mar 11 Eagle-Picher Co 22 28% Jan .— 116% 116% 94% 933/4 94 3/4 29 29'A 29% 29% 50 com 94'A 10 preferred Light Co 7% Co— Preferred 29% Nov 4% 1003/4 35 34% 103% No par Nem 14 Apr 27 jan 1003/4 34% 34% 5 de Duquesne ; 343A 101 *102% preferred Common Jan 101 34% *35% Corp_ Pont 36 *100 *18 *34% No par 50c - Dunhill International 25% Sep 45% Jan _5 common issued" preferred series A Dresser Industries common du 105% Nov Ltd Chemical Dow 12 2 1 Stores 16 10 24 89% Jun 4,200 91% 173/b *99% $1.50 12% May 13 109 85% 91% 173/4 100% 100% 34% 35 33"% 34 cum Diamond T 8 3 84% 913/4 17 700 Diana 16 July 84% *90% 17 800 Diamond 16% Jan 99 83 3/8 90% 16 5/8 1,500 4.40% 22 10% Jan 119% Apr 29 83% 89% 26% Co Cup Co__ 8 81% 26% Dixie 8 82% 9°3/« 17 28% 26% 4 *114% Jan H 28% *62% 3 26 3/a 39% Mar *92% Jun 82% 5,90 263/4 4 10 3,000 26% 12 Jun 26% 26% 31% Jun 91 26% 26% 1 18 263/s 10 Dec 97% Dec 26% 18% 39 1 26 20% 21 79% May 25% 20% 29% Feb 15 DAY 18% Corp July 29 6,200 20% Distillers 7% Sep 12% 18 29 36 45 )1% 20% Divco 13 V* Aug 29 44% 12 18% 2 22 443/8 ll5/8 20% 5 May 19 44% 11% 18% Nov Jan 44% 11% 20% 9% Nov 0 % 700 44% 18% 2 32 500 33% 20% 13% Feb Oct *33 20% Raynolds class A 14% May 25 76 29,900 2 & It 5 1,900 263/8 11% Jan 84% Aug 23 47 Nov 28 83/4 39% 25% 18% 7% Sep 26% Apr 10,700 8% *39% 1 3 11 30 1,900 5 Steel Corp Vilbiss Co—_ 12% Jan 30 80 96% 18% De 1 13 80% Jun 85% 83% 800 3.000 • Detroit 16% Mar 25 Nov 21% Oct 600 1,100 Grande West RR— for 22 3 200 14 ELECTION 44% 11% 13.50 Delaware Power & Light Co 17% Sep 27 *44 —50 Western— & 8 3/4 8 5/b 95 % 18% 183/4 40 S 36% Oct 18% 39% 27 % Feb 99% Jan 18% STOCK —20 Lack Rio 18% 8% 40% Delaware & Hudson & 183/4 —10 common preferred Delaware 18% 93 96% 8% 23% Jun 2 *13% 393/8 17 Sep 36% 20 200 14% 1 26 % Nov Aug 13 14 50c _ 18 25 14% 6 93 Apr 8 14 1,200 32 89 *53A. *91 23 21% May 27 14% 700 32 6 * 2 15 21 *14 1.100 383A *87 89 . 24% 136 96% 30 9% Sep 6 18,600 91% 62% Feb 10% Sep 6% *38'A 31% 315/a *87 *6 243/4 *135 383/4 600 7% 91% 15% Jan 3 , 1 6% 7% 136 38% 10 53 243/8 *135 383/4 9,700 98 53 7% 24% 24% 136 37% 73/a *96 *95% Sep 12% July 30 1 26% Dec 24% *135 38 1,300 53 73/a 300 1,500 29% 94 10% Oct 14% Jan 24% 136 7% 73/« 9,700 ' 8% 98 53 73/e 29 5% 55 •91 7 8 29'A *6 *94 12 30 29% 83/4 540 3,800 96% 100 Aug Jan 7% 54% 9% 18% 12% 200 91% .100 B— 15% Jun 10 8% 53 5% 5% 55 *54 29 53 ♦170 1,100 74% 91% corn- 2 12% Dec 29 87% 15 Jan 9% 31S/8 Jan 30 5% 5% 18% 12% 12% 200 *170 54% 9 87% 11% Oct 23 5% *54 74% 18% 12% 12% 200 31% series C 5 35% Jun "11° 200 5% 5% *54 56 9% 9% 28% 29 183/8 18% 12% *170 313% series 3.75% 33% Jan 114% Feb *18% 12% 24% : 90% 28% Jun 8 74 38 Deere 18 24% 74 37% 2 29 24% 733/4 *89% 30% Jan Apr 24% 73% 102 37% Sep 32% Jan 2,700 24 88% A Deep Rock Oil Corp •38 % Nov 880 24% 101% 893/4 Decca 106 % 1013/4 101% 37 % 0 Sep 101% 101 893/4 12% May 14 Jan 16,200 37% 47Jan 43 600 323/4 90% 7% Sep 31 123/8 29% 32% 303/4 23 % 29% Oct 12% 29% 32% 90% 34% Sep 16 12% 29% 31% 90% 9% Jan 20% Oct 12% 29% 37 % 63% Jail 18% July 11 27% Jan 21 3,200 12% 90% 16 14 300 32 37% Rubber Denver 100 913/4 263/8 29% 31% -20 913/4 263/e 12% *86% -100 16 31 26% 100 — series A Apr Oct 93% 26'/a 11% Oct 13 *913/4 1 52% 8 16% Jan 1,500 10,300 37 Dayton 0% Mar 17 1% 27% 11% (The) 39 14 1% 26 3A 52% 2 Sep 1% 27% 36% 23% Feb Mar l3/« 26% 31% 12% 29% 31% 100% 100% 24% 24% 13% 73% 11% 18% 24% 900 3% 1% 27% 29 12% *135 38 150 1% 7% 10o 3% 33A 80 6,600 753/4 173% 26% i% 27 *29'A 31% 12% 75 173% 113A 17% Aug 31 64 *3% 3% 95 75 174 363/8 24 % Feb July 24 3% 8,300 *94% 95 74% 174 140 89% 52 % 22 66 3% *94% 74% 173% 61% 95% 113% 17% Oct 23 74 86% *94 36% Preferred 4 3% 94% 94% 173% ♦61 95% 52 Preferred 3.90% 95 95 *94 11% 11 4 *94% 86 95% 513/4 16 Mar 86% 61% 85% *94% 36% Jan *70 61 85% 61 % 95% 11% 97% Feb 40 % 61 86 36 5/« 3 52 61% 85% 513/8 28 43 61% *94% —1 A series Preferred 3.75% 7% 600 11% Jun 24 200 203/4 52 Apr 35 % Nov 100 48 203/4 11% 86 3 49 47% 20% 36% 83 31% Jan 49 48 203/4 *513/a 99% Jun 34 % Sep 50 *47% 21% 1 96% Jun 21 *48% 48% *20% 10 21 28% Oct 50 *47% *95% pfd 1,000 *48% 7% common—.2.50 Corp 4.60% 28 15 1,700 97% Inc Jan 19 22% 7% preferred... 92% Jan 88 22% Power & Light common —7 Dayton 2 22% -80 Day.strom 38% Mar 13 02 22% *95% No par Corp convertible Preferred 20 22% 7% 1 7% series preferred Davison Chem 8 Mar 10 82% May 28 July 15 5% 4 22% 96% 52% 7% — Davega Stores 2,200 7% Corp common 3;i/4% 8 Jan 8% Mar 17 24 96 Dana 40% Mar SO 02 1,000 22% 96% *52% 7% 1 Inc 13% Aug 20 12 A Apr 48 23 22% 21% 1 common 138 13% Apr May 15 Inc—2.50 No par 18 15 223/8 21% 93'A common 15 11 22 21% 26% 100 preferred 23 Jan 22 21% No par Publishing Class 22 26% 25 pfd Stores Sep 5 % Sep 15% Mar 11 27% Mar 20 22 *91% 5 Drug Curtiss-Wright 163/4 93% 100 preferred-— Prior 573/8 16% 26% Inc__. Jan 23 % 29% Sep 2 $7 8% 56 Ve 17 *91% Sugar common__10 31% Sep 131 85 8 22 100% July 28 8 3/8 57% 163/4 *26% par preferred non-cum Press 8% 54% 17% 2 preferred 100 Cudohy Packing Co common_____l0 4% r/o preferred 100 Mar 17 8 3/8 54% 21% i% 7% 8% May 21 8% 53% *17 48% 26% 2.50 500 21% 1 common__5 1,900 21 CLOSED 21% 21 Amer common Q|!tFan-American Jan 5% Sep 8,600 9,800 \ 8% 50 No of Jan Sep 3,800 1 Corp convertible 17 27 73% —25 preferred 185 53' 73% -No par Crucible Steel 5% Mar 17 86% Jan 73 100 Zellerbach 15 14 71% par Corp preferred 24 Oct 71 50 common Jun 14 12% Sep 180 70% STOCK perferred $4.20 Jan 49% Sep 44 Co Crown 1 7% Dec 51 I 29 Jan Inc International 3%% 21 Jan 132% Dec 3 Jan Coty Coty Crane 10 19 90 Dec 3 2 54% Dec 99 7% Apr 24 23% Feb 21 32 2 12% Jan 26% Apr 32 % Mar 25 85% May 26 0% Aug 27 129% Jan Feb 7% Jan 190 129% Jan 103 May 18 99% Jan 71 EXCHANGE Crown Cork & Seal Common 28 12% Oct 1,000 70 8% Cream of Wheat Corp (The) *32% Nov 10% 74% 1% Sep J*n 10% 173% 25 % Sep Dec 10% 73 % 3 97 10% 173% 25 27 10% 100 2 % Jan 9 10% series of 1947_100 38% Jan 19 10% Refining common_25 12 91% Jan 10% 17'% preferred 16 24% Juu 8% 18% 53% i 1% Oct 84% Apr 8% 18% Corp 3% Jun 3 83/a 18% 8% series "28% Oct 30 4% Nov 26 8% *18% __5 series pfd 3 % % Products Shares 8% 18% 1 Corn Exchange Bank & Tr Co___20 Corning Glass Works common 5 3%% preferred 100 93 Nov. 6 8% 17% common 5% the Week Friday Nov. 5 18% common—5 Electric Thursday 8% 52% No pref 6'% Dubilier Sales for PRICES 18% 5 Co Convertible Cornell SALE Nov. 4 8% __14 Delaware Co HIGH Wednesday *18% 10 Corp •< Nov. 3 5 Fibre Corp Copperweld Steel 45% Sep Dec 17% Jun 44 Range Tuesday l of Cooper-Bessemer 27 Nov. Z 25 preferred Steel 18% Oct 23'A May convertible Mar 18 25% Dec Monday » EXCHANGE Highest Lowest Highest Lowest Gontlnitd—Pagi 4 LOW AND 46% 46% *46 46% 51% *51 50 *51 *94 29V2 *46 46% *46 1,100 46% 50 513A 51% 51% 5H/2 340 47% 47% 47% 47% *473/4 473/8 473/8 47% 600 5 Cigar "Corp 51% 50 preferred- *9% 9% *9% 9% *9 3/a 9% 9j/2 95/a 200 E 19 Apr 30 25 22 Sep 16 28% Jan 2 25 % Jan 18 14 16% Jan 21 Jan 21 9% Sep 41% Jun 16% Nov 14 12% Oct 16 41% Oct 30 Jan 21 36% Feb 27 15% Jan 2 158 48 Jan 171% July 10 47 % Dec 18 9 July 18 82 % Nov 6 89 Apr 29 16% Feb 23 23 Dec 29 83 July 20'% Jun 25 102 Jan 14 89 Apr 12% Mar 11 17 44% Jan 24 65% Dec 31 1% Jun 20 34% Oct 22 2% Apr 16 43% Mar 18 10% Nov 24 24% Apr Oct 18 16% Mar 19 32% Dec 30 15 48% May 13 48% Jun 16 31 Sep 51% Jan 94 Feb 20 24% Aug 14 102 Feb 11 17% Feb 24 57 Mar 12 Bros 4%% Ekco 25% Sep 15 10% Oct 6 Elgin 22 33% Feb Elliott Oct 5 4 8 5% conv 16 19% Jan 2 15% Apr 14 26% Dec 3 30% Jun 27 101% Sep 18 23% Dec 31 7% Jun 18 23% Nor 24 70 Dec 73 NOT 24 PI<"»T fr>nrnn+»c 10% 10% 10% 10% 46% 47% 46 5/8 47 *160% 166 160% 160% *160% 160'% 160'% 50 2 39% 39% 39% 41% x39% 403/s 40% 403% 3,200 common—1 21% 21% 21% 21% 21 " 21% 21 21'A 800 87 88 89 89 89 23 23% 23% 23 23% Inc (The) epP 31 9P 30 87% Jan 8 El 18% Mar 2 Emerson Electric • Emerson Radio 25% Sep 10 89% July 28 20% Feb 20% Jun 14 Jan 26% Feb 10 09 0 Mar 13 Natural Gas & *92'% 95 *87 22 7A *92% 95 *92% 95 *88 23'A *92'% I 13 y2 13% 13% 13% 13% 13% 135% 135% 5 42% 42% 42% 42% 41% 42% 423% 43 1 % 1% 1% 1% *1% 1% lS/8 27% 271/4 26% 27% 26% 26 % 26% 1% 27 6,100 11% 12 12 12% 11% 12 % 12 »/4 12'% 4,700 24% 24 24% 24 24% 24'A 24% 3,600 Mfg Co *50 51% *50% 51% *50%, 51% *50»% 51'% ;50 *47 49'A 47% 47% *48 49% *48 49 3 35 351/4 35% 35% 35% 35% 35 35% 30,200 4 14% 14% 14% 15 15 15 Va 15»A 15% 4,800 3,800 Phonograph—5 11% 11% IIV2 District Electric Co _10 Endicott Johnson Corp common—25 4% preferred—4J. 100 22 % 22% *22% 26% 26% 26% U% 23 26 3A 11% *22% 26% 11% 113% 11% 23 22% 22% 600 26i% 26'% 1,600 *93 93 93 -8.50 23 % 23% 7% 22% Jan 0 Erie RR common No par 18% 18% 18% 18% 18% 18% 183A 64% Sep 15 70% Jun 15 74% Feb S 100 *67% 67% 67 % 68 67% 67% *67'A 68 74 50 *71% 73 73 *71%; 73 *71'% 13 preferred series A Erie & Pittsburgh RR Co 7% 95 7% *71% *93 95 23% 23% X23% 23% 1%. , 7% 7% 23% 7% 10 95 —l *93 100 26% Equitable Gas Co Equitable Office Bldg Apr 21 4,300 24% Empire 5% 1,200 4,700 - 15 No par 24% Mar 12 7% Jan 3o 4 3,800 23'A Sep 18 16% Sep 15 6 40 90 95 5o 2nd preferred Sep 15 13% Sep 15 10% Sep 14 20% Sep 15 Paso 2.50 _100 161 1,100 13,300 10 preference 5% 29 5% Feb 107/s 47 Battery 4 100 10% common 60% Feb 12,100 14% 46% National Watch Co_ 60% Jan 2,200 23 143/2 10% Amer shares 6 20 223/4 14% 47 common Auto-Lite Co 193/4 23% 10% —100 Co Electric Storage 20 *14% 46% preferredElastic Stop Nut Co Elec & Mus Ind 19% 22% 14% 5 preferred Electric 20 23% *14 % 10 4%% 2% Apr 15 37% Jan 9 13 Jan 26 19% 23% 14% ;_100 Stores Products 19% 23% Corp Manufacturing Co Edison 19% 23 *14 % common preferred— Eaton 11 17% Jan 11 11 6% 22 30 25% Mar 25 Oct 38% Jun 17% Jan 12% Sep 14 39% Sep 21 'Jan 48% Jan Steel Co Jun 12 62% Jan 1 2 169 Kodak 44 20 61% Jan Stainless Eastman 29 49 15 94% Apr 20% Jan Eastern 47% Oct 18 11% Jun May 15% Mar 17 16 lo 56% Dec 28 13% Nov 26 14 1 Corp—: May 28 1% Jun lo Eastern Airlines Inc Eastern 156% Sep 30 36'A Sep 18 16% Jan 5 97 8 19% Mar 27 Aug 25 23% • 4,500 7'% 8.100 19 »/4 6,100 600 Number 5271 Volume 178 ... The Commercial and Financial Chronicle t V ■ • M * )V I'J ? • (1785) (I i' ' ,('!( '' NEW YORK STOCK RECORD Range for Previous STOCKS 1 7% Dec 6 10 % Nov 6% Sep 15y8 Mar 10 22 13% Oct 12 y8 May 17 1% Dec 16 55% Dec 11 Jan 44 NEW Range Since Jan. 1 Lowest Highest 5% May HIGH AND Sales for SALE PRICES ' Year 11)52 Lowest Continued—Page 5 LOW 3y« Feb Highest 15 Eureka 9y2 Mar Williams 14 14% Mar Evans 1 16 y8 May Eversharp 14 59% Mar Par 2 Jan 21 Sep 14 6% Sep 17% Nov 15 5 22% May 11 July 13 6% 5 12% Nov. 4 Nov. 3 Nov. 2 5 12% 12V4 3 46% 471/2 12% 12'/a 46% 2.50 2% 2% *2% 22 1 Buffet 28% Mar 25 Fairbanks Morse 10 y4 Mar 25 Fairchiid Corp 12% Nov. 5 Nov. 6 - 7% 7% 13% 12% 47% 2% 213% 22 Va Co 7 7 Friday 7'/4 13'/2 12'/4 47% 2% 7% 13% 12'/4 47% 2% Inc Exchange Thursday Wednesday Tuesday Monday Ex-Cello Corp 15 3 STOCK Corp___ Products Sep Sep 39 V2 Sep 2 YORK EXCHANGE 22% 13% the Week Shares 7% 2,500 13% 3,000 12% 12'% 2,900 48 48 2,200 2% 300 2% F SlttOct 29 27% Jan 3 Sep 12 7% Nov 12 20% Sep 12% Jan 29 23% Jan 11 3 16y« Jan 29 14% Oct 13 15% Jan 2 19% Jun 4 15% Jun 17 63% Nov 5 57% Dec 3 48% Jun 24 23% Oct 29 30y. Dec 23 21 1 12% Peb 48% Feb 4% May 66 Apr 28 16'A Dec 9 21% Sep 10% Sep 19 60 Dec 9 48 Oct 9 6% Dec 2 40 Sep 14 3% Sep 17 __ 1 28 76% July 21 24% Dec 16 37% Feb 21 47 3 106 100 Jan 26% Nov 3 1 24% Mar 13 »% May 17 27% Sep 86 18 May 20 18% May 17% Mar 25% Jan 74% Dec 28% Oct 29 16 2 17% Nov 17 Dec 19 10% Jan 9 35% May 20 13% Dec 23 9% Oct 29 13 Jan 25% Fawick Corp Oct 26 Oct May Tarrant Filtrol Firestone Tire & 51 2 First 13% Mar 17 Firth 7 25 y8 Sep 18 32 Flintkote 3 93 10 100 Mar 25 Feb 11 24% Feb 27 19 16% Aug 24 21%Jun 10 29 Nov 31% Jun 39% Oct National (The) $4 6 21 Co (The) Florida Power Florida Power & 12 Sep 15 17% Jan 6 Follansbee Steel 11 28% Aug 5 Food 98% Dec 11 92 16 99 5 43% Jan $4.20 div 2 Food 73% 73% 73'% 74'% 72 15% 153/4 15% 15% 62% 63% 62 % 63% 104'/4 104 % 104% 105 •104% 105% ♦1043^ 105 % No par 48% 48% 49 49% 49% 49% 49 % 400 5 9% 8 3% 8% 8% 8% 5,700 28 Vb 28 Va 28% 283/« 28'% 28% 28'%. 38 38 Va 37% 38 38 38 37% 13% 13 Va 13% 13% 13'% 13'% 13% 13'% 2.100 27% 27% 273/„ 27% 273% 27% 273% 2.500 of ser '51 27 Vs .15 10y4Sep 23 14 39% Sep 1 *92 37% 4 4% Sep 15 15 15 20% Jan 28 8% Jan 8 15% Sep 6% Sep 15 8y. Apr 13 39% Sep 26% Dec 5 34% Nov 5 31 20% Jun 26% Dec II 34% Dec 3 Gabriel *92 94 38 *97 % 99 *97'% *92 94 37'% 373% 37 99 *17 94 *92 373% 2,400 94 6,500 38 90 90 90 94% 94% 160 17% 17 18 18 18'% 6,900 7% 1,000 17% 16% 7% 7% 7% iiy2 11% 11% 11% 11% 11% 42% 43 42% 43'% 43'% 44% *10% 11 11 11 , 7% 7% 7% 7% 220 11% 11% 2,300 44% 46 4,100 *10% 10% 11 1 24% 25% 24% 24% 24 100 71% 72% 73 73 73 500 24 24'% 72 11% 24% 5,600 73 1 common Co 38'% 95 ,90 ; preferred 8,300 94% 95 1 .! Co 29 89 89% 17 , 37% . 20 600 17'% 95 89 96 88% *95 _No par Corp.- Freeport Sulphur 26% 99 10 Co Froedtert Corp Fruehauf Trailer 1% Jan 5,300 7% 30 19% Dec 98 17 13% Sep 30 28 97% 17 46 May 15 6% May 15 27% 17'/a Francisco 8% Dec 27% 17 y8 15 4% 27'% 17% 13% Apr 13 y2 Apr Stores 273% 171/2 convertible 51% Mar 17 26% 170 26% pfd 14'/a Jan 9% *97% Inc 'common.... 1 Sugar 8% 1,200 3,000 No par Light Co—No par Corp 10 cum 49 10 :* common.No par Machinery & Chem Corp—10 6 3,400 15% 30 Jan 72% *9'% 623% 3%% 27 y4 Mar 24 30 73 7% Oct 79 11,400 15% 18 16 1,300 383% 61% Feb 15 253% 102 72 20 Sep 37% *101'% 15% 23 y4 Jan 70 25% 26% 38'% 102 1,700 15 21% Sep 37% *101'% 3,500 14% Sep 84% Mar 20 37% 101% 93% 1 4 26% 26'% 37'% 21 Va preferred—100 preferred ; : 100 Foster-Wheeler Corp 10 10 25% 101 % 101 % 21 12 22% Apr 75% Jan 3% 100 9% 27 Franklin 1,600 4 21'% Jan 9 4 4 9'% 96% Jan 13 *3% 20% 9 May 15 3% 9% 26 10 100 3% 21% Jun Jan 46 9% Jun 18% May 21 27% Aug 11 49 *43'% 20% 81 19 6,000 *48 43:"4 9% 89 24% July 11% 11% 48% *43'% 11% 49 ,21% 29 3%% 11'% 11'% 48 % 43'% 11% *46 9% 98% Nov 26 103 1,800 l Stores 6 24% 61% Corp 22% Feb 33 'A Oct *24'% 151/3 Florence Stove Co 31 Jan 25 6114 — 31 Jan 52% 20V2 10 Stores.— 30 Sep 1,900 *50'/2 100 preferred Fair 243% 52% com__12.50 Carpet Co Dec 9 Co Rubber 23% Jan 28 *100% preferred 4 1,900 17 24% 38 Corp 8 15'% 16% 1 18% July 30 8% Nov Sep Mfg 75'/4 Jan 4y2% 15% 17 *50 % 25% 37% Corp 24% Dec 66% Jan 3% 25% Fidelity Phoenix Fire Ins N Y 107 15'% 16% 1 5 1 15'/B 17 2,400 49,500 5 86% Jan 6 4,000 15'/a 9'% 43% 100 14 & 17% 52'% 11% 5 ... 9'% 173% *50'% 44 5 preferred- 9 18 24 Vb DAY 49 % *43% 2 Ferro Felt ELECTION =-45 50 Corp 2 101% Jun 114 series Federated Dept Stores common 4'/4% ii3/8 —50 A ser 1953 15 2 32% Mar 20 pfd 1 common-. pfd cum conv Jan 47% Dec 20 24% 29% Jan 8 41 52% 7 15 30 *50% B Oct 67% Sep Dec 50 series Federal-Mogul 2 53% Sep 13 17 conv Federal 5 Mar 15 17 Fedders-Quigan Corp 27% May 21 13% Jun 34% Nov 85% Oct 7% Apr 15 8% 17% 16% CLOSED 1 common 22 8 3% 19'% EXCHANGE 8% _1 Corp 22 8% 15 22 Metallurgical Corp__No par 5 y2% 23 25 90% Jan 5% 4 1 20 18 3 9 30 24% Dec 16 9 May Apr 101% Aug 24 y. Sep 19% Apr 18 92% Jan 10 12 83% Nov 107 2 13% Jun Mar 66% Mar 105 7 14% Oct 18 Brewing Corp Fansteel 14 53 % 1 19 14 34% Apr 25 2 8 Jan Jan Sep 19 3 57 48 16% Jan 12 Family Finance 5% preferred 1 38% Apr May Falstaff 14 7 Jan 16% Mar 24 19 8% 18'/a STOCK 20 Oct 19 68% Mar 19'/4 35% Sep 11% Dec 60 21% 94 July No par 26 Dec 25% Nov 164 22 15 Co & Engine & Airplane Corp.l Fajardo Sugar Co 20 74 480 • *18 36 Apr 12 May 15 16 22% May 20 22% Feb 5 5% Sep 18 22% Nov 17 21 28% Jan 27 8 15 33% Jan 20 Garrett 8% Jan 22 3% Sep 14 7% Mar 12 37% Mar 12 22 33 y. Jun 25 31 27 25% Sep 14 21% Aug 31 20% Sep 15 149 Jun Gar convertible Co Wood *28 Jun 10 May 83 9 70 May 124% Dec 1 Jun 25 129% Apr 1,800 5.300 100 102% 102% *102'% 102% 102'% 102% *102'% 102% 90 36% 37 % STOCK 36% 37'% 37 373/B 37% 37% 5,700 11% 11% EXCHANGE 11% 11% 11% 11% 11% 11% 2,500 preferred Amer 11 % Oct 4% 26 1st conv General 1% 24% Jan 16 45% Dec 19 31 July 28 14 48% Dec 19 48% Mar 24 64% Feb 20 72% Dec 31 35% Jun J 6 66 % Apr 6 7% Jan 4 18 3 6% Jun 5 62% Oct 20 118 Jan 2 105 Apr 18 SO Feb 21 119% Jan 11 *84 % Jan 3 2 11% Dec 22 53% Dec 8 84 Electric 26 General Finance General Foods 5 94% Jan 2 14% Mar 19 General Instrument Jun 17 61 General Mills 125% July 28 113% Jun 22 124% Jan 120 106 Jun 11 119 69% Dec 39 53% Sep 125% Dec 29 112% Jun 100'/a Dec 22 24% Aug 29 2 Jan 15 69% Feb 4 2 123 y2 Jan 15 99 >/a Jan 25% Feb 5 42% Aug 31 21% Sep 15 1 23 y2 Jun 10 10 38 Dec 29 25 Sep 18 Sep 30 126 Dec 10 93 May 11 8% Jan 9 11% Sep 4 10 'A Jan 2 29 Public General 5% Apr 25 y4 Feb 9 General 3 General 23 General Eqp Railway Realty 96% Mar 16 2 35% Dec 4 34% Jan 41% Nov 6 Corp..—. Castings $6 pfd General Telephone Corp.; 22 35% Jan 2 25% Sep 31 y. Feb 2 General 102% Jan 3 99 8 22% Sep 26 Sep 18 34% Mar 11 31 Apr 3 89 Mar 10 76 Oct 71% Dec 31 77% Feb 18 69 July 29 14 % Nov 10 23% Jan 5 30% Jan 9 9% Oct 85 28 25 32 y4 Jan 2 44% Oct & 28 Gillette (The) Co 28 96% Jun 23 30 12% Sep 15 16% Mar 25 Jan 8 13 82 % Oct 2 Apr 15 23 Dec 1 79% Apr 10% Sep 23 21 y. Jan 9 Gleaner 32% Oct 27 42% Jan 24 27% Oct 14 38 y. Mar 20 Glidden Co 8 124% May 24 115% Oct 27 8% Jan 18 138 Nov 24 18% May 22 130% Jun 30 135 14 19 11 Sep $5 convertible Gimbel 60% Sep 21 80% Jan 15 59 Sep 15 102% Jun 2 108% Feb 4 10y« Jan 4 5% Sep 22 9% Jan 20 Jan 3 6% Nov 17 •49% July 8 108 -00 Dec 29 51 ~2 Oct 23 6% Jun 2 30 1 14 2% Mar 25 19 9y4 Feb 30 33 18% Oct 25 9 27% Feb Jan 21 2 16% Dec 22 137% Dec 30 61% Oct 31 36 Mar 28 ,19% Nov 10 4 27 28 (W R) Union 5% % cum $2.25 Gt Northern Gt Northern 17% Oct 1 19 y4 Mar 27 Great 2 64% Apr 15 73% Jan 30% Jun 9 40 y. Jan 26% Jan 22 19% Sep 18 23% Mar 25 13 Nov 28 12 V4 Jan 96% Apr 7 13% Aug 31 95% Jan 7 7% 2 87% July 31 413/4 41% 41'% 41'% 893% 90 90 893/4 89% 160 41% 41 •41% 41% 41% 41% 41% 12.000 27% *27% 27% 27% 27% 200 21% 2.50 *98 27% 1 *27% 28 28 *76% 77'% *76'% *71 723/4 723% 1 9% 43% par *99% 101'% 7 100 *131 13% Co Ry Western 21 Bay 2 Green (H Greenfield & L) * 28% 28'% 28% 3,100 77% 77 77% 77% 130 *72% 723% 74 *72 10'% 10 10'% 14,200 43% 43'% 433% 6.800 *100 *100 101'% 14 101% 14% 143/8 83% *81'% 83'% 10% 10 Va 10'% 14'% 13% 14'% *81'% 83% *81'% 10'% 103% 10'% 29 7 7 Va ♦131 132 14% 14% 29 29% 7 7'% *131 132 *100 29% 28% 7'% 7 132 132 4%% preferred 14% 29 7% 132 7.800 2,200 4.700 3,000 20 14 3% 14% 14'% 14'% 6.900 71 71 72% 72'% 73 7.700 25% Ore 6"c Die *6 6 '/a *53 53 25% 25% 54 53 106 25% '•»; 53 26 52% - 6 26 1'% 1'% 1% *7% 7% *7% 25% 1'% 7% 30'/a 10 *30% 30% 30 30% 30 Va 12.50 16% 16 % 16% 16% 16'% 92 90 90 90 7% *30 16% 90 ,— *89% ...5 31% *94% 1 com 9% No par Prop_.No par pfd._l.No par com...No par 100 Corp..No 32 31% 313% *94% 95 9 9'.% •32 32 31% *88% 31% 95 16% 95 31% *95 53% 106% 600 400 53% 200 26 1% 7% 2,600 10,400 1,100 30% 400 16% 4,400 91 31% 96 9% 9'% 9'/a 9'% 32'/a 9 Va 33 15,100 6 32'/a 32% 32% 200 1,500 80 6,500 50 17% 18 17% 18 17% 18 17% 18 1,800 49 49% 48% 49'% 49'% 50% 50% 51% 7,900 17% 2,100 17'% *134 17% 17% 134 *70 75 34 34 21'% 21'% 72 72 1 34 34 % *21 (The)— 21% ■ . 17% 17% 135% 17'% 135% . 17% . 135% 136 100 par 31% 95 6 *53 1% 1% 100 Stores 108 7% Western RR Inc„J. & 1011% 14% 1% ; Corp 10 9% 433/, 73,, Co Tap 74 10 44 83'% 6 53 100 common Sugar Common • 20 28 %■- 77 5 preferred— Iron 102 1.000 43% 43% 14 *98% 2,300 93% 10 1 *81% 100 22'% 283% 28 Va 100 101 *98 101 No par (The)— preferred Green Greyhound ; 11 y. Jan *93% Sep 41% 893/4 preferred conv 19% Mar 27 8 21% 41% preferred Gravson-Robinson 58% Mar 25 2 21% No par Co Co (W T) 3%% 5 41% Jan 21% 42 90 No par Batteries Inc—'—4 & 1,800 2,900 42 Hosiery 18 Mar 22 12% 90 53'% Grant 39% Mar 17 141 22 273% 101 1 107% Sep 128% July 17 21% 12'% 8 *5% 7 Jun 12 3 52 Va 1«3W*n 19% Mar 12% 12'% 26^4 *100 *106% 4 5 67% July 12% 27% 26 3% 6% 97% Feb 149 12% 28 101 52'% 33% May. 1 47 ♦100 101 107 % 29% July 16 14*). Jan 14.000 263% 26% 26 3% *100 '106% 86% IMy 22 23 28 27% 28 27 % 27% 27 % 101 *106% 10 28 4,400 No par preferred May 26 Dec 18,600 4 51% 34% Dec 57 9,900 1% 70 •% 98 y2 Jan 16 y. Nov 27 243/8 3% 52% 15 2 46% Feb 2J% 4 71 30 4 23% 3% 51% 104% Jan 28 27% 26% *12% 10 Granite City Steel common N^v *23'% 4 3% 4 900 Rubber— 20% Jan 31% Oct , *99% -10 15 22 1,000 1,500 No par ; 14% Sep 85% Oct Aug 14 48% 23% 10c Co 30 Dec 48% 10'% 24% Jan 18 48% 29% Grand 89 48% 10% 31% Mar 27 8 1,600 29% 18 11% Mar 17 23'% 23'% 1 26% Jan 31% May 13% Jan 96 23'% 2.50 May 26 99 95% 23'% 23% 5 Graham-Paige Motors Granby Consol M S & P. 25 ' 81 95% 23'% 3% Fi & Grace l%Sep 121% 95% 23% 121 70 Gotham 4 6% Jun 121% 121% 26'% common—No par Inc <B Tire 33% Mar i 121% 200 44,700 23'% No par Co Gould-National IS 59% *95% 23% 5 Corp (The) 61% July 21 Feb x59% $5 Mar 19 9% Feb ~3% 27% Oct *92% Sep Apr 24% Sep - 60 3/4 Common Goodrich 7 Goodyear 104 121 49 No par Goodall-Sanford 43% Sep 100 1,500 23% 43'% common 5 81 6,400 5,300 95% 48%. Co preferred— Mar 30 121 V4 48% par com 8 54% Dec 5 95% *23 40% Apr 77% Dec May 121 *27% Goebel Brewing Co Gold & Stock Telegraph 66% Feb 20 58% .' 11% 59'% 60'% 60% 60 1 preference—No Brothers $4.50 20 40 61% 1 common Harvester 8% Jan 58% 100 99% Oct 15 60% 5 20 Plywood 18% Jun Sep 58% 59% 93'% 122 preferred X86 7 583% 100 14 7% Sep 58 11% 116 100 30 15 58% 58% *92 ■" 116 No par — Rubber Georgia-Pacific 26 101% Oct 11% 11'% *121 preferred 14% Nov 22 59'% 9334 11 116 preferred 79% Dec 83% Apr 58'% 93% 11% *92 1,500 122 common.No par Corp 3%% 15 34 y. Sep Time 4y4% 6 18% <*an Refractories General Tire May 11 74 y2 Apr 58 93% 11'% 573/8 573/4 933/4 600 9 *114 Shoe Steel 4%% 100 Sep 15 Jan 8% 30,700 *121 Utilities & 51 Jan 9 3,500 38 116 100 88 y2 24% Oct *8% 1,900 84 122 Signal com.No 41% Nov 81 9 83 116 preferred 7 100 34% *37'% 83% •121 Corp 2 Dec 343/4 -373% 82% 121 Service 17 27 343/a 37% 122 Co Dec Gen 34% 34% 10c Cement 45% Dec Apr 10 7% *121 General Public Utilities Corp 16 40 126 *10% *115 No par 104% Jan Sep *125 10% 1% series 21 July 126 100 Advertising-No par 29% Jan . 1 common 25 19 1,100 83 57% *93% 11% *58% preferred Jun 25 300 18'% 37% 8% No par 36% Feb 3 31% 18'% 34% No par 92 20% Jun 31% 18% *37'% 35'/a 8% Corp 10% 11 10% 8% No par $3.75 Precision 21 40 72% 32 Rights Oct 13 35 —No par Corp Outdoor General Mar 20 37% Jan 100 *124'% 125% 124 * 10% 81% preferred Preferred 6 Jan Motors General 5 18'% *71 —100 General 1% Nov 4y4 Jan *31 % 18 38 com convertible 27% Mar 23 6 9 32 82% common General Portland 3% Jun 25 Corp 54% Mar 30 8 114 27% Dec $5 71% 81% preferred General 14 15 91 3,200 71% __No par preferred 3%% 5 Sep 21% Sep 1% Nov 4% Dec 5% 14 1,700 11% 72 37% Corp $3.50 10% 10 Co—. 59 '/4 Nov 9 21'% 11% 1 General 9 20% 11% 18 124'% conv)..No par 6 15 Dec *124 Corp common—3 cum 18 16% May 14 3 ($2 23 20 20% Jan Preferred Nov Jan 147% 20'% 11% *31% 18 Va — General Dynamics 10% Sep 52 *146 20 % 11% 72 32 18 100 88 y2 Jun 9 147% 193% 11% ELECTION DAY 72 *31 % 50 Corp— preferred 11% Feb 60% Dec *71 *146 147% 193% 11% No par com ♦146 20 11% 100 CLOSED 800 Contract series 15 96% May 22 11% Dec 12 147'% 20 No par preferred Cigar Co Inc 8% Sep 50% Jun 24% Aug 15 60 Nov 24 20 2nd *146 5 preferred 6% 46'A Mar 24 27% Jan Corp Corp com preferred— 47o 2 27 121 4»% 23 Jan 2 4'% Transportation—2.50 Baking Co common .—5 preferred ———No par $8 35% Mar 25 4'% -4'% • 23% 78 19% Jan 4 %- 27 General Feb 4% 22% 6 16 3,200 4% com Cable 10 4»% 1 500 27 General 29% Sep 1,500 23% Mar 25 16% Jun 27'% 27 263% 26% 223% 14 15 27 27% 23'% 15 22 200 27'% 26% 50 Corp.. Investors Bronze Dec 233/a 27 General 20% Dec X23% 22 3/8 22% Mar 17 10% Oct 16% May 25 116 Jan 9 23% *22% 23% 23% $4.50 8 *23 2 General 79 223% 27 General 8 223% 22% 6 Jan 22% 23% 6 74 22 27 14'/a Mar 18 9% Sep 22 223/8 37% Nov 11% Nov 28 22 23% 104% Feb 13 22% 27 16 Mar 24 35 22'% 15 155 35 23 % 24 1 1,000 35 27 Sep July 1,500 343% 22% 10% Oct 142 4,200 35'% 23 V4 31 28 2,400 7 27 98 y4 Jun Feb 5»/a 18% 7 1 11 159 5 18% 7 35% 23 y4 com— 5 18% 6% 7 35% 23 % preferred Container American 14 5 ~I% Inc 18% 18 5% 6% 7 4% 5 4% 18'% ..—5 convertible 31 17% Jan 34% Feb "22 5Va 18% 1.66% 4 % f/c General 13y« Dec 18% Aug 14 Jan No par Industries Gaylord 63% Dec 12 20 35 % (The).— 5 105% Oct 27 Apr *6% 50 Co 29 >/4 Mar 24 9 Nov Jan 18% 15 common preferred 27% Jan 3 8% Jun 80 5 1 common (The)— Corp 17 15% Feb 41 Inc Gardner-Denver 41% Jan Apr Gamble-Skogmo 5 % 1 (Robert) 21% Sep 22% Sep 21 July (The) Inc Gamewell 15 11 Co Co 10 26% Feb 61% Jan Gair 38% May 19 27 y4 Jan 2 24% Oct 102 7% Mar f 70 - • 136 75 , ' v ,-34 . 21'% 34%. 21%; 136 1*70 75 - v 70 10 34 . 34 Va 1,900 21 21% 1,100 13% 11.200 . 3 13% 13% 13% 13% .'13% 13% 13% 100 *91% 93 Va *91% 93 % 91% 91% '.*91% 93 50 21 22 The Commercial and Financial Chronicle (1786) Continu,d-PaE9 6 NEW YORK STOCK RECORD Lowest Highest 25 23% Apr 19% July 28 31% July 15 7 Dec 10 Feb 20 38% Dec 23 27 63 Feb 27 77 Nov 28 66% Sep 41 % 25 58% Jan 16 1 22% 4% Mobile & Ohio RR com.No par 30% No par *69 % 25 43% *43% 9 Guaiitanamo Sugar 38% Jan 5 Gull 77 5 $5 50% Mar 27 Gulf Sep 14 Jan preferred Oil Corp.. Issued" "When Gulf States 22 20 25% Oct 103% Jan 105% Jan 16 97% Jan 3 7 90 98% Jan 2 106% May 20 105 Dec 16 92 Jun 97 July 32 % Sep 15 36% Mar 23% Sep 15 29% Aug 105 Dec 16 May 24 2 105 SALE PRICES 23 23% Nov. 23% 4% 5 23% 4% 30 Va *69% 70 70 70 44% 44 Va 44% 44% *44% 44% 23% 31% 70% 70% 44 % 45 *44% 11.800 5 30% 70% 44% Shares 23% 5 30% 45 45% *45 the Week Nov. 6 4% 30% Friday 0 23% 5 30 % 30% Sales for Thursday Nov. 4 45% 1,700 11,900 200 26,400 24% 24% 24% No par 24 Va 100 *97% 99'/a STOCK *9/% 99% 99% 100 *98% 101 20 preferred ~_i—100 preferred 100 100% 100% EXCHANGE 100% 101% 101% 102 102 102 370 103 % 103% CLOSED 104% 103 103% 34% 34% ELECTION 28% 28% DAY *16% 16% $4.20 dividend preferred 8 $4.40 8 Jan HIGH Wednesday .+ Utilities Co- Common 8 1 Jun July 103 — AND Nov. 3 1 29 8% Jan 14 21 Sep Tuesday Nov. 2 Par Aircraft Corp Grumman 28% Jan 16 4% Oct 25 Monday STOCK YORK EXCHANGE Highest 13% Mar 21 46% Oct NEW Range Since Jan. 1 Year 1952 Lowest LOW STOCKS Previous Range for Monday, November 9, 1953 ... $4.44 dividend dividend '103 24% 104% 25 '103 24% 25 11,200 10 H 24 33% Dec 30% Mar 26 15% May 26 11% May 29 17% Jan 68 May 26 81 Feb 19 17% Sep 23 Jun 11% Aug 27 18 26% Oct 3 18% July 16 107 34 % Aug 23 142 Jan 23 ,26 5% Oct 29 \ 6% Jan Oct 30 Jan 30 16% Jan 5 8 105% Feb 10 Jun 22% Sep 15 31 Feb 2 9 145 Feb 15 4% Sep 14 32% July 15 1 2 11% Jan 12% July 1 7% Jan 26 5 26% Aug 13 7 % May 20 Jan 8 36 14% Mar 20 8 % Mar 12 Sep 1W 4'Jo Oil F) Watch (M 5 No par com A) pld__No par 104 Refrac com—15 Marx & America Corp of 10 preferred Hayes Industires Inc 14% 14% 14% 2,600 5% 5% 5% 5% 1,600 9 23 29% Jan 2 Hecht 87 Nbv 5 29% May 12 34 Nov 3 31 Jun 34% Jan 22 91 Apr 97 Jan 21 26% Feb 5 93% Ma 100 May 20 24% Dec 2 26 22 % Nov 38 % Sep 30 34% Apr 17 4 r 21% Apr 35 % Jun 25 30 15 20% Apr 74% Jan 126 % Jan 3 Oct 29 66% Oct 31 x78% Mar 120% Feb (II Holme J) *32 33 *32 % *95 97 *95 97 *95 97 25 preferred.. *36 15% *15 % 15% 15 'A 15 V* 15% 15% 700 67 Va 67% 68 69 68% 69% 7,500 *120% 121% Jun 17 9 37% Sep 15 44% Feb 3 Hershey Chocolate 4 53% Apr 14 21% Oct 22 26 % Jan 14% Oct 31 24% Jan 70 24 74 82% Dec 26 14% Jan 21 18 9% Dec 14 7 14 91 2 15% Jan 6 22 % Jan 5 17 22% Apr 4 29 20 8% Sep 18 11% Jan 1 % Apr x26 % Jan 4 2 39 44% Oct 23 50% Sep 16 12% Mar 11 27 22 26 14 28% Jan 2 47 5 57 19 55 Sep 22 90 Jun 16 Oct 7 Sep 15 35% Jan 18 32% July 21 30 49 Aug 42 8 . 64% Jan 102 Feb 2 4 116% Mar 19 17 Mar 25 1 36% Jan 30 July 20 57% Feb 24 88 Nov 3 96 May 16 80 % Jun 9 93% Feb 3 94 Jan 11 102 Mar 25 91 July 17 99% Jan 5 103 Dec 23 103% Dec 96 Jun 103% Jan 13 23 18 36% Oct 7 9% Sep 21 21 Dec 19 13 % 8 .May 14% 14% 14% 26% 26% *26% 35% 35% 35 35 % 35 35% 35 49% 35% 1,800 50 49% 49 Va 49 49% 49 % 49% 2,500 58 1,300 com.—5 4% Dec 16 1 24% Nov 28 2% Sep 18% Sep Texas 100 No par (Del) Stores Corp Howe Sound Co 5% & —25 1 Manhattan common—100 preferred—— noHcum Hudson-Bay 8 Hunt 15 11% 11% 5% 5% 5% 14% 14% 26% *26% 57 57 *95 *94 *99% 96 14% 14% 32% 32% 500 43 43% 44 44 % 44% 1,300 91 *89'/4 91 *89 V* 43 95% 27 64 16% 10% 10% 10% 10% 3% 3% 14% 1 2% par 3% 20% 3'/4 8% STOCK 27 27% 64% 66 *15% 16 *15% 11 11% 27'/a 27% 66 3% 16,800 2,100 66% 300 16 15,300 11% 3% *3% 1,000 8% *7% 8% *7% 41% 41% 41% 41% 41% 42 3,900 CLOSED 11% 12% 11% 12 Va 11% 12 20,900 14% 14% *14% 15 14 Va 14% 700 2% 3,800 •' 14% 2% ELECTION 20% ' .' 101 EXCHANGE 41 -'ii-fv 1 . *7 95% *100 " 10 90 *94 101 16 6.66% 320 1,600 14% 33 63% ■ 96 106% 14% 26% 12% Refrigerator Co—.No •95 33 16% *7% — 57% 106% 100 14% 64% 40% 1,400 32% 26% 3% 1,000 15 26% 14% 64% 10% 4 105% 105% 26 % 100 Inc.— 105 1,000 6,800 32% 100% *16 12.50 Corp Hussmau 32% 96 105 9 14% 57% *95 9 *26% 26% 57% 96 Ltd—No par Mhi & Sm Foods Hupp 5 1 .... Hudson Motor Car Jan 11% *94 2 24 9% 11% 5% , 5% TOO 5% Mar 19 15 57% 9'/a . 11 Va 95% 2 19% Jan 14 9 9 11 100'A 17 July 14 57% .., *99 59% Feb Jan 9% *94 16 66% July 31 3 17% Dec 4 16 5% 4.40% 30 17 1,200 2,300 *89% Hudson 370 17% 29% 43% & 82 17% 29% 95% Oil 81% 17% 29 '/a 90% 3% Oct Mar 11 82 17% 29 Va 90% 7 8 82 17% 29 5% loo 21 % Jan1 14% Mar 11 81 17% 28% - 11% preferred 14 Oct 80 Va 17% 28% 14% 32% 9% Sep 4 81% 17% 120 *5 % Howard 12 81% *42% Houston 28 29,100 *14% 7 6 16% 69 3 1 13 16% 69 $2.25 conv preferred 50 Household Finance common—No par 3% % pre 1 erred. 100 6 18% Nov 17 68 Va 105% 17% Jan May 300 16% 68'/a 105% 79 Jun 54 25% 17 Va 69 *95 27% Nov 22 14 25% 16% 69 No par 17 11 Apr 19% July 28 25% Aug 6 5% Aug 11 25'/a 17%' No par 15 Dec 85 Jan Co 2nd pfd ser B Houdaille-Hersltey common 4% 400 53 69%' div $4.20 22 26 28 25% 50 39% 17 $4.25 preferred Sep 19 30 16% Nov 25% *25% 121% *39 *51% 11% preferred 15% Sep 18% Apr *52% *121 39 V4 53 39 Va 52% ..10 preferred Houston Light &, Power 58% Oct 3% May 15 19 25% 121 Va 120% 39% *52% . 80 37% No par Honolulu Oil Corp Hooker Electrochemical 7 *36% *9 Homestake Mining 102% May 36% .12.50 41% Mar 10 Aug 13 36 Va 1.100 —30 6 Oct 36 Va 22% 5 10 conv 22% 1 Holly Sugar Corp common 5% 22% —5 26% Jun 2 22% 69% 28% Co & Sons 33 % Oct 32% Mar Jan (A) 22% 39% 52% 5 7 12 3 Furnace 40 10 Paper Co Apr 19 , (conv)— No par Corp— (Charles E) Co Holland 17% Mar 23 14% Nov 16% Jun Hires Hollander 11 12% Oct, 24 12 % Feb Hotels Hlnde & Daucli 121% 40 *25% 100 22% 67- *120 V* 5 2nd pl'd $4% cum Hilton 66% *52% Inc preferred series A 9 Sep 103 V 9% Apr 52% Apr 3%% *15 50 Heyden Chemical Corp common—1 6 Mar 7% Jan Hewitt-Robins 66 % Dec 2 41% Jan Feb 19 Apr 21 31% July 17 No par common preferred series A 69% Feb 30 94% Jan Mar 27 Oct 11 29% Mar 21 33% Jan 29 5% Oct 11% Mar 31 27 3o Oct 16 2 73% Jan 14 5 Sep 19% Oct 7 18% Feb 19 21 16% Mar 22% Nov 11 Aug 72% Sep 7 107% Jan May 12 23% Sep 12% Sep 62 7 100 97 36 Va 48% Jun 26 *95 22% 7 Jan 900 210 33' 22% 15 Apr 4,800 *35% Hercules 4%% 18 24% 10 42 % Feb 113 8/ bo 87% 33 33% 53% Oct 22 17% 23% *86 % 33 100 common—, iion-cmu 17% 24'/, *32 126% Dec 6 17% *24 85 21 10 17% 24 % *84 37% May 21 9 51% Jan 5 17% 24% 85 Motors —„_No par Hercules Powder common.—No par 5% preferred 100 21% Mar 31 17% 24% *84 25 Co common W) 17% 24% 100 preferred— (G 7% .—15 1 common preferred 3.65% 38% Mar 13 15% Oct 6'0 % Sep Heinz 100 1,900 14% 78 '/a Jun 3% % 33% 5% 7 Mar 700 5% *32% 33 14% 2 21 2,800 24% 5% 5% 30 Sep 26% 135 *24 5% 33 120 14% Jan 17% Oct 5 % 5%. 26 *134 24 Va 33% *33 Va 135 24 30 104 104 1,500 5% May 23 5% 26 *134 24% 900 14 14% 90 1 X25 Va 26%. 135 13 67% 13% 104 500 5% 32% Jan 16 Sep 103% 200 5,900 16% 14% 18 19'A Jun 80 104 % 13 *67 13% 35% 28% 28 12% 13% 26 *34% *16% 67% *67 13% 24% 33% 35% 12% 67% *134 5% *33 *34% _1 Corp.. 2 Hazel* A Mas Glass Co———<—5 28% May 26% 5% 12% *104 24 Mlg Co 50 16% 13% 135 1 common 4%% Hayes 26 % 24 28 V* 16 % *66 104 *134 28 16% 12% $4.25 % 28% 16% 13% 100 34 % 28 66% 13 Co Scliaflner 34% 13 13 66% 2.50 Co__ preferred—.————.—100 Hart Hat Co Paper Harbison-Walk 6% Cementing__5 preferred conv Hanna 25 Well Printing Co Hammermill 2 July 22% Sep 4 T6% Mar 9% May 20 6% Apr 15 Hamilton 131 July 29 33 23 100 5 2 21% Oct Jan 71 15 May 27 12% Sep 21 139% Oct 14 Jan Water Halliburton Hall 65 9 102% Jan 10 Hackensack 18 % Mar 13 16 19 Nov xl4 2 5 DAY 2% 2% 20% 20% 2% 2% *20 8% 2% 20% 20 20 700 I 36 46 % Dec Apr 29 54% Jan 95 Apr 8 48% Mar 25 50 % Apr 53 May 21 44 May 5 50 Jan 5 4.08% cum preferred 50 *48 48% 46 Sep 2 52 Jan 7 4.26% cum 50 *49% 51% 49% 55% Oct 49% Jun 18 54% Vtir u 4.70% preferred.— preferred preferred 50 *52% 53% *52% 50 51% *51% 51% 41% Mar 24 17 8% Jan 30 5 52 38% Sep 23 84 Sep 1 151 Apr 7 35% Sep 15 18% Sep 15 Oct 23 641/4 Aug 81 " Feb 20 96% Dec . 29 164% Nov 25 51% Jan 19 1 1 4 29% Jan 29 14% Dec 9 18% May l 88% May 19 15% Jun 16 23 % Jan 3 22 36% Jan 172 Apr 23% Dec 4 31% Apr 17 88% Jan 25 2 Dec 41% Jan 94 19 24% Sep 23 148% Jun 21% Sep 27% Sep 80 common—No par RR Co.. Ingersoll-Rand 6% Steel 6 Intercheinical Corp 14 254% Mar 17 33 Jan 166% Jarf 5 7 Harvester 7% Int'l 39% Jan 2 lilt, 90 Jan 8 4% 2 Int'l Nickel 4 26 3 16 9 9 % 15 132% M&r 11 Packers International Paper 6% Oct 22 10% Mar 17 43% May 28 68 Oct 9 46 Oct 15 64 45 May 29 May 29 57 Jan 14 41 Jun 29 55; Jan 36% May 16 40 Aug 15 47 38% Jan 13 7 International International Silver Jail 15- Feb 19 20 20% Dec 4 13% Sep 15 20% Jan 6 30% Sep 3 24 10 30 2 International 26 Nov Sep 32% July 16 25% May 8 22% Apr 17 26% Nov 12 126% Oct 22 3% Oct 4 28 % Oct 8 2 24% Oct 30 30 9% Sep 29% Jan 15 11 19 41% May 21 Feb 15 62% Feb 19 Interstate Power 27 16 31% Mar 16 Iowa-Illinois 22 % Jun 15 26% Mar 16 Iowa 5 16 Oct 28 141 % Jan 13 111 Nov 4 5% Jan 19 26% Aug 15 3 Jun 8,500 5 5 Sep 15 17% Oct 14 90 Jun 3 82 100 May 43 Nov 6 19 101 Jan 16 74% Jan 2 7 38% Feb 2 18 50% Feb 19 82 Sep 26 Jersey Cent Jewel Tea 3%% 60% Nov 6 Johnson 24% Jan 5 Jones As Sep 18 85% Mar 30 29% Sep 14 39% Mar 17 5% Co As 232 233 % 26% / 235 27% 163 82 ■ ilOO ; 102 7% -.No par 88 Va 370 15% 15% 3.100 242% " 25 Va 24% 24% 1,900 30% ' 29% 30% 30 30% 5,500 82 82 38%., 38% 83 1% 1 % 130% 130 . 10 *100% 102 102 44% 46 46 39% r-fi 39% 39% 39% 41% 41% 41% 42 *31 % 33 *31% t 24% 24% 10 %-. 10% 10% 10 % 33% 33 33 28% 29 % 29% 24% 24% 24 Va 50c & T.t 16% 1 *114% 1 No par Co 4% , 1 pfd—100 common Corp.. A Joy Manufacturing Co. 10 100 i *32 33 33 " 14% 14%- 14% 14% x27% 27% 27% 28 1.800 29% 29 % 29 % 29% 9,000 24% *24 V* 24% 24% 24% 400 10% 4.300 16% 111 10 % *32% ' 16 % 4% 16 114% • *111 4% Va 10% 10% 33%" *33 29 >/a 24% 29% 24 3 17% 113 4% 1,100 24% 1,500 17% 7.300 113% 110 4 Va 4% 18% 19 19 19 21% 21% 21% 21% 88% 87 87 87 87 % 87% 87% 60% 62% 41 '/a *97 60% 21 21 83 % 83%" 32% 33 42 " 42% 98% *97 42% *97 43 3.700 700 2.700 110 2.700 98% 61% . 61% 62% 60 60 2lVa 41% 98 % 61% 60 • 100 29% 18% VA 21,400 - a 17% 113 4'/a 33 % 21% 41 600 600 18% 98% ' 1.000 21% *87 . 39% 41% 19 41 12% 46% 39 % 21% *97 No patcom 4% *45% 19 1 Johnson 115% 340 x40% , 21% _100 1 Laughlin Sleel 4 24% V 16% 3,200 49 28% 29 % ' x29% *-'■ 29% > '14V* '•14% 500 8% 8 49 24% ; 310 103% *102% 8% 50% 29 - 4,300 16.900 8% 29 24 % 10 57 50% 29 Co.No par 10 9% 56% 8% —25 Elec 130% 50% 28 *32% ' 10 44% 46% 39% 41% ~41% *31% 33 13.400 57%' 7% . 300 1,800 2 38% 130% ' 56% 102 160 82 1% 38% 131 16.500 27% 163% • 82 „ 1%; 49% - 27% *163 39 9% ! 56% •' 14% -,-No par 2.500 27% 28 1 247 163%' 14% __3.50 246 Va 24% 28 l__ - 27% 5 Corp 247 3,500 163% 9% 39 % 25 25 % 88%' 15% 25% 56 48% 46% i—.No par preferred series 7% 25 88% 15% 163% 129% - 102 47 25 88% 24% *81 9% common & Inc 2 14% 29% 31% 82 *14 163% ' 25 30% 27% 14% 163 24% " 238 27 163% 24% 57% Light Co— Pwr Manville 9 15% 130% preferred 14 89 15 163 *14 24% 88 15 ' 9% preferred— Johns 71% Jan Feb 24% 88 14% 130% Jacobs (F I.) Co Jaeger Machine Co Jefferson Lake Sulphur 23 57% Aug 31 25% Jan 21 9 Apr 88% Jun 90% Apr 4 May 12 25% Mar $6 24%» 88 1% coin__Nopar T58% 14% 38% 2 Gas As 163 *14. * Island Creek Coal common— 89 9 30 5% Mar 25 6 11 7 9 16 Feb July 78% Jun 22 30% Jarf 130 24% 14% 39% Co__ Interlype Corp Power 600 2,900 100 pfd Interstate Dcpt Stores 30 53% Oct 30 14 92%" *91 24% conv 39% Feb 82 31% Oct Jan 100 6,300 42% *14 56% Utllilies cum 25% Jan : 20% Oct Oct 30% Mai* 18 $1.40 31 34 96 22 29 17% Aug 31 2 33% Jan 2,100 42% 42 24% preferred —1 —25 Tolep & Teleg.No pur 'Feb 2 81% Jan . 7% 28% Dec 20 19% Jan Jan 36 2 25 % Oct 35 10 3,a Sep 13 8% Jan 35 7 r 2,800 4% 42% International 8 9% 40% *4% *158 Va 1% Shoe International 24% Jan Jun 90% 9 40 4%v : coin Salt 3 36 % 32% Oct 90% 39% ; 26 61% Feb 18 July 24 91% 9% 40 *4% 42% —__No par Jan 22 30% May 19 42 % 9 39% v 24% Limited—15 preferred Oct 54 40% *158% common.—7.50 Int'l Rys of Cent Amer 33% Dec 2 41% 1 • 40% Feb 7 40% Oct preferred 5% 40% 100 International $4 9 % 4% 42% Preferred 12% Mhr 18 7 51% 39% com..No par Canada 57% Nov Jah *51% 24% No par As; Chemical 16 102 51% 24% 100 15 18 100 *51% 700 42% No par .common Sep 93%» Jun 52% 42 .100 47% Jun 5 *52% 24% No par Machines.. of 52% 243/s International 5 100 52% 42 preferred.. ; Mining Corp 2% Jan 47% Jan 48 51 163 preferred 7 5.000 47% *49% 91 93 40% 40% 48 5,100 51% 8% 41 - 40% . 4% 4% ' 93 48 1,700 73% 105 *49% 49% 39% 39 40% 40% 48% 46% x72 *104% 24% Hydro-Elcclric Sys class A—25 Minerals 9% "104% 40% 39% *48 46 72% 105 41% 1—1 ; Int'l 26% Mar 24 ,9% 39 71 % ' *158% common Iron Business 40 105 —20 preferred.. Int'l 39% 71% *104 No liar _ Cffs'Ine 4%% 70% 105 .100 Co Inspiration Cons Copper Interlakc 72 71% *104 *4% 1 preferred Inland par A No par common Insuranshares 19 % Mar 11 1 —_J5 Industria. Eleclrlea De Mex, S Industrial Rayon 15 55% Dec 12% Oct Illinois Terminal phi ser A —100 Indianapolis Power & Light—No 1% Oct 1 21 ciun 37% Sep 128% Sep 27 5% Jan 4.42% 6 9% Oct Apr Co cum 21 48 % Jan 137% Aug 14% Jan 105 5 25 Power common.100 Co 25% Nov 15 Sep 12 Jan Illinois RR conv ■92% Jan 15 14 28 lioncuni 15% Mar 13 23 1 7 29% Feb 14 1 3 48 Aug 13 15 23 May 15 3 % May 224 Jan 161% Jan 10 4 97% Jan 101 13% July 17 21% Sep 15 Jun 130% Jan 42% May 56% Jan 13% Sep 29% Oct 40% May 6% Mar 16 86 29 2 40% Mat 16 July 14 246% Dec 16% Mar 11% Apr 19 Nov 22 160% Jan 27 4% Aug 19 96 Apr 13 7% Jan 18 24 21 34% Jun * 52 186 4 Oct 6% 44 "V 44% 53 *51% 6 8% Jan 11% Jan 44 16 41% Dec 28 44 35% Jun 18 22 44 30 28 33% May 1 4"% Oct 30 41% Oct 43% 88% Jan 113% Jan 48% May 19 21% May 20 11 18 42 % Dec 8 155% Jan Illinois Central 65% Sep 101% Sep 52% Aug 21 6% Sep Idaho Power Co Dec 109 17 x35% Apr 7 45% Feb 23 x47% Jan 40% May 25 88% Dec ' 60 60% 60% 60% 1,000 21% 21% 21% 21% 10,200 841/4 84% 85 85 85 33% 33 33% 33% 33% 3,800 22% 22% 5.600 42 42 % 2,800 - 21% 84% "32% 62% 62% 6.300 640 K 24% Nov 17 38% Jan 3 22 % Nov 4 42% Dec 16 49% Feb 13 41% Oct 21 lo 2% Oct 15 x8 Dec For 26 19% Dec foof.no'*>- -**»• oucp •->>> 30% Mar 12 49 Feb 5 8% Jan 2 Kaiser Alum As Client Corp... 1 22"% 23% 22 Va 22 34 22 tconVS) 50 42% 42% Kalamazoo Stove & Furnace 42 Va 42% 42 Va 10 *3% 3% 3% 3% *3 % 5% cum preferred Va 22-'?, 42 Va 3 Va - *3% 3 Va" 100 Volume Number 5271 178 The Commercial and Financial Chronicle ... (1787) -Vi 41/ " ' 1»* 1 > t t • , V r ► M ■ : ' NEW YORK STOCK RECORD Range for Previous Lowest 5 87 % Jan 95 Lowest 30 % Dec 10 16 3 85 Jun 10 95% Jan 92 Sep 11 100% Mar 98% Jun 18 96 103'/a Mar 12 Dec 106 May 1 36% Sep 32% Jun 16% Jan 2 19% Sep 4 17 9% Feb 28 13% Dec 19 10 68% Oct 5 21% Feb 70 Apr 82 Feb 60 Jan 8 2 24% Feb 3 3 Jan 39% Jun 12 26% Dec 15 19 20% Jun 16 101 Sep 22% Sep 49 18 Jan 28 Nov 7 80 Oct 27 78% Jan 8 49% Jan 21 28% Sep 83% Sep 14 41% Jan 21 25 93% Jan 35 ?u Jan 5 50% Mar 25 54% Sep 42% Dec May 12 98 % '104,/'' 10b% *104% 37% '104,/- 105% 38% . *36 37 16% 30% Shares 30% *93 5,900 94 20 98% 105% 50 37% 38'% 38% 39 39 40 37 37 36% 36% 36 36 18% 19 19 19% 19% 19% 8,600 12% .. CLOSED STOCK 12% 12% 12% 12% 3,100 17 16% *12% 17 17% 7,200 300 No par 17% 17% 18 66% 67% ELECTION 66% 67% 67 68% 67% 40% 41% 67% DAY 40% 41% 40% 41% 21% 41% 42 21% 21% 21% 21% 21% 21% 22 43% 43% 1,000 43% 43% 43% 44% 44 44% 2,700 - preferred conv (cum). 100 4% Sep 22 57 % F"»b 5 Kress 28 45 4 Kroger Co (The).* S) Co_ 105 25 105 25 *25 25% 357/8 81% »35,/ *79% 81 79% 79% 30 31% 31% 31% 31% 32 32 87 32% 3,800 87 87 87% 87% 87% 30 34 -i *87 34% 34% 34% 34% 34 49% 49% 49% 49% 44 44 45 x435/8 25 *35% 34% 50'% *433/4 • 25 36y *49% No par 105 25 X31% No par *101 6,800 81% 357/8 82 *86% *101 5,100 15,600 35,/8 .35 -—10 (S H) & Co, *101 °81% 10 __100 48 <S * 105 *24% 1 No par preferred Kresge n01 1 „ $5 prior preferred Koppers Co Inc common— 19 Nov 98% 12% 37% Apr 24 98% 12% 33% Jun 5 31% Jan 98% 5 4Yo 41% May 19 95 *57% EXCHANGE Klng-Seeley Coir_, Kinney (G R) Cojcommon 5 39% Jan 22 98 18% 5 97% July 30 Jan 93 the Week County Land Co 2.50 Keystone Steel &. VV"-e Co—No par Kimberly-Clark Corp com—No par 5 24 30% 18% Kennecott Copper ; Mar 17 25 30% 93 50 9 3 Nov. 6 93 *I04'/'' 105% 1 Friday Nov. 5 31 % 8.75 Kern 6 111% Feb 15 30% Sales for Thursday *92 preferred — PRICES Nov. 4 94 *97 No par non-cum Kayser .(Julius) _<& Co Kelsey Hayes Wheel 25 6 114 25 4% SALE Wednesday 31 Kansas Power & Light Co 27 14 28 Oct 13% Oct 21% Oct 8 91 1 Common 28 37% Oct 23 34 Mar 17 9 2 Apr 35% Oct Oct 21 7 27 18% Jan 37 26 71 30 Mar 110 16 27 July 30"% 100 HIGH Nov. 3 <'92 100 JCai 45% Aug 10 July 92% Jan 1„ Apr 14 S_>p Pl'efei?ed-~ Tuesday Nov. i Par 6 ..-22% Aug 51% Sep 20 40 9 Jan < Kansas City Pr & Lt Co com.No par 3.80% preferred 100 13 13% Sep 59% Sep 22 40% Feb 31% Mar 13 105 Monday EXCHANGE 102% May 21 15 20% May ^ Highest 26% Jun 2 Jan LOW AND Range Since Jan. 1 Highest 26% Jail Sontinued—Page 7 * Year 11)52 200 100 36 34% 4,800 X48% 49 1,600 43% 44 44>/ \ 2,200 L 8% Mar 13 9% Dec 23 8 Jun 9 5% Dec 7% Jan 19 4% Sep 15 8 ! 9% Jail 5% 7 l Feb Laclede 24 Jan 21 19% Jan 2 11% Mar 16% Dec 12 14% Sep 14 50 12 48 25% July 16 72 % Jan 30 18% Sep 14 24 % Mar 17 47 Sep 21 64 23% Nov 5 45 Jan 20% Jan 54% May 20% Apr 15 88 Jan 8% May 21% May 14 26% Dec 2 » Dec 8 7% Oct 25% Jun 56 10 21% Dec 1 % Dec 26 -2% Jan 17% Jan 29 16 Mar 12 14% Sep % Oct 43/4 4% 43/4 4% 600 21% 215/8 21 »/4 22% 213/4 22% 3,800 1 *15% 15% 15% 15% 15% 15% *15 15% 400 51 *49% 51 50 20% 20% 48% 49 (James) & Sqns Co coinmon__3 preferred 4 4 100 24% 24% 23% Feb 18 23 86% 86% 86% Rubber ; 3.85% 22% Jan 20 Lehigh Valley RR___ Lehigh Valley Coal • 1% Jan 7 14% Jan Tire Lehigh Coal & Navigation Co i Lehigh Portland Cement- Mar 24 6 $3 nonciun 5% Feb 21 81% July 13% Dec 18 16% Mar 28 Nov 18% Mar 27 17 Lehn 25 Jail 7 *33% Feb 16% Sep 11 27 22% Mar 17 42% Dec 23 Lerner Stores Corp 33% Sep 8% Jan 14 42% Feb 4 7 10% Apr 13 34% Jun 10 7% May 1 35% Oct 28 61% Jill) 4 160% Jan 9 2 49 May 43 Jan xl2% Apr 33 % Nov Feb 62% Sen 6 14 13 Jan 38 Jan 76 Dec 15 74 Jan 80 % Jan 5 173% Apr 30 155 Jun 5 74 29 jy 1£& J1 58% Jun 48% J1111 25 30 21% Dec 26 46% Mar 17 1 22 Jail 2 Nov 26 75 % Apr 14 18% Apr 15 11% Oct 28 24% July 111 % Jau 15 % 64 2 6 Libby 2% Liggett 7% 6 Lily & ! Tulip Cup 38% Mar 3 Lion 4 Liquid Carbonic 21% Feb Oil Corp com 13 5 18 14% Mar 25 26 Sep 15 34% Mar 19 Lone Star Cement 16 26 Apr 15 Lone Star Gas 110 Aug 5 5 43% Feb 7 21% Oct 14 14% Jan 35 % Mar 26 2 17% Dec Long Bell 2 15% Jun 10 18%, Mar 25 102 Jan 101 2 107 24 106% Nov July J4 Dec 21 101 97 Jun 12 33 5 25% Dec 3 Jan 9 52% Feb 24% Feb 18 41 % Dec 23 20 67% Dec 30 20 33% Aug 99% July 147 91% Jan 8 37% Oct 16 50 Jan Co Lighting Co 5.25% 5% 2 5.25% 7% Co 10 41% Jan 2 15 67% Jan 2 Louisville 8 30% Apr 7 92 30 6 35 % 15 7% Oct 23 May 25 97 Jan 26 ,45% Jan May 25 36% Sep 22 & 4%% Steel Wood 9 8% 8% 9 8,100 36% 36% 363/4 *36 »/2 363/4 36% 37% 500 77% 77 773/4 773/4 78% 77% 78% 8,600 169 171% 250 169 *168% 73% 170 *71% . 170 171 73 73 75 1,200 37% 38 37% 37% 3,300 24% 25 25 *24% 24% 1,100 30% 31% 9,000 73 30% 31 31% 31% 17 16% 16% 65 65 27 273/8 27 27% 38,400 10% 11 '/a 11 113/8 22,700 28% 5,700 24% 5.100 16% 163/4 65% *64% 26% 26% 26% 27 10"% 11 Vb 10% 11 El 28% 27% 73% 651/2 16% 27% 171 38% 38 *24% . : 65% -10 27% 27% 28% 28 1,800 200 10 24% 24"% 24% 241/2 2434 24% 109% 109% *108 109% 1081/4 108 »/4 *1081% 23% x23 231/4 231% 23% 231/4 23% 3.000 17 16% 17 16% 17 9,700 23 16% 10 *104% 17 105% __100 *104 105 105% 100 10 Co (Ky)_No par 50 & Sons Inc com—1 \* STOCK *104 3/4 38% 60% 105% *104 105 *1051/4 106'A 26% 271/B 158% CLOSED ELECTION' 38% - T6% 27% 27 , 24% EXCHANGE 105% 1—100% '*158% 160 158'/a DAY 61 383/4 300 *104% 105% *105 1041/4 1041/4 *104 104% *1051/4 1061/4 *1051/2 1061/4 10 271/4 263/4 27% 8,500 27 4 38% 60% 109 61 160 160 *38 3/4 105% *160 ~50 161 50 39% 383/4 383/, 500 60 % 61 603/4 61 % 4.500 32% 1.200 ' . Co— *32 32% 321/4 323/a 323/4 10() *93% 95% *93% 95% *93% 95% 96 96 80 10 preferred series A Lukens 9 17 Nashville— Lowenstein' (M) .. 7,000 2,700 8% • 65% common Louisville Gas & 55 Sep 17% 38% 9% 31 preferred—x—xi 34% Jun - 1,400 17% 38 3/4 16% preferred preferred-series C (P) 15% 171/4 38% i}0% series B Lorillard 153/a 1,600 16% *65% pfd series A 9 5 15% 35 38% —100 14 30% Aug' 15'/4 15% 900 1,800 34% 17 38% com Jan 158 % Mar 12 34% 77 No par 106% Jan 18 68% *34 100 A 105% Nov 5 Jun 68 34% 100 preferred Lumber MM'd) 6 24% Jan 158% May 24 671/4 33 % 2,200 38% 25 conv 13 May 101% Jun 20% Aug 143 Jan 110 2% 15 24% preferred x Long Island 4.75 3,000 2% . 16% 37% common 15 *27% Nov 7% 2% 36% Lockheed Aircraft:Corp 28 7 *23/8 38 V4 *71 % Corp— 23% Jun convertible 31% Nov 6% 2% 1 Feb 30 6% No par 74 27% Nov _ 171/a % 10,400 % No par 17 Inc 2,700 16% % 7% 17% 9 No par - 23 Loew's 27% 163/s % 2% 15 2.50 103% Jun 23 % Jan 4" 107,200 38% No par - Jun 3%% 27 25 com 20% Apr 10% Sep 1 120 9% 9% 271/8 100 (The)i Co 1,000 86% % . * 5 Corp 10% 200 24 23% *85 17 5 Tobacco Corp Lionel 233/8 360 1,000 50 6%. 34 14% 7 Link Bell, Co 27% Mar 27 16 203/4 *49 9,800 38% 10 preferred—- 47% Mar 16 14 5 No par & 16% "% 203/4 50 93/a 16% r 67 *33 Products Myers 66% " 203/4 9% 66% 2% 1 xl—j Libby Corps. Savers 6 Nov Fink McNeill 6 pfd- (The)... issued" 6c Aug 75 Corp "When Life 2nd noncum Lehman 82 15 Sep i*ov 38% Mar 17 9 28% Sep 50c 171 % Nov 35% Sep 24 19% Feb 9 14 22 3d 2 Dec 16% Oct 66 14 '34% Nov •Ian 9% 9% 86% 27 7% Libbey-Ovvens-Ford Glass Co_ 21 2 d 14 231/4 *85 271/4 % 7 No par 29 20% *48 3/4. 50 27 16% % 9% *49% 203/4 8% 27 16% ~ 20% *49 9V4 x27 51 *49% No par 3% Dec 2% Sep 8% 10 25 ,_No par 1 common 1st preferred 70% Feb 23 9% 23% 86% Lees 50 9% 50 3 34 4 4% 21% 1 & 4 28 *43% 21% ,5 Lee 95 18 9% 4% —No par Co 9 .11% Jan • 9% preferred' 4%% Lane-Wells Jan July 14 6% Nov v 9% *4% a. Lambert) Co (The.)— " 4 5 4 pfd_75 Pesos Mex Lane Bryant common 29 % Feb 23 30% Nov 26 1 86 19 Nov 7 92% May 1 9% Dec 22 1 Feb 13 Oct 25% Aug 20 18% Mai-18 ' Co— La Consolidada 6% 4 18% Oct Gas *41% 42% *41% 42% 42% 42% 43 43 300 321/4 32% M 10 Nov 40% 14 15% Jail Aug 4 45 1283/4 Sep 12 Oct 10 135 30 Dec 26% Oct 15% Aug 485 29 41 Jun 8 45 125 Sep 17 132 10% July 13 15% Nov 30 21% Sep 26 28 Feb 6% Nov. 8 14 536 Dec . 8 Jan 7 Apr 18 8% Oct 2 12% Jaii 17 22% Apr 24 10% July 2 29% Jan 52% Feb 23 July 11 22 Jan 63/4 Sep Jan .8 9 May 32 12 28 Mar. 9 25:)/4 Jun 18 11 21 25 10 13 Mar 57 Va Jan 22 52 % Jun 15 58 Feb Nov 8 Oct 22% Sep 7 94 Jun 9 80 25 16 Dec 19 17 27% July (R 4%% H) Co Mar —100 5 Inc No par com preferred series A—<—100 Madison 23% Mar 19 8 88% Mar .9 12% Jun Co & preferred 16 18!ia Mai- 20 Martin 2 10 Sep 14 14% Mar 2 20% Feb 18 15 49% Apr io 34 % 10 98 Va Jun Jun 17 25% Feb (Glenn-L) 30 2 Masonite 20% Jan' 2 Master 41:% Jan 2 Mathieson 5 4.25% , 110% Jan 34% Aug 11 27% Jun 98 83% Jun 5 95 Jail 20 $3.75 97 82% Jun 12 95 Jan 0 $3.75 13 $3.40 cumulative Mar 16 Maytag 14% Jan 4 45% Jan 18 87 19% Dec 51 42 Feb 31 16 I tec .»t> 45 4 15 Vb Nov 4 31 20% S-^-p 14 30 "2 Feb 10 45 % 28 13 42 Oct 22 45% Feb 17 12% Nov 5 15% Feb 28 89% Dec 5 Nov 17% Mar 30 55% Mar 98% • A 7 or •>»» Nov 71 28 74 Sep 57% S Nov 20 83% Apr 33% Nov 17 46 Jan 28 233/4 Jan 31 26 % Jan 7 12% Nov 3 15% Jan 21 Sep 33% July 2 27 11% Sep 24 28% Feb 2 21% Sep 14 86 94 Jan 14 83% Oct 23 Vn Mar 12 % Oct 47 8 22 26% Dec 16 Feb 24 Dec 10 21 % Dec 9 6 35 % Jan 22 93% Dec 12 84% Jan 4 104% Oct 3 121 Jan Nov 7 23 28 % Jan 2 54 % Fell Co 8 3,100 1,400 McCord 3%% McLellan 14% Jan 22 McQuay 28 Mar 20 May 1 McKesson & $3.50 preferred $4 29 $4.25 5 No par 12% *78% conv 2nd 2nd 140 560 87 18% 7,800 47% 15% 22% 22% 5,000 94 15% 23 3,700 800 *41% 12% 42% 100 12% 43 12% 11,800 79 79 79 *78 V4 79 10 65% 65% 66 66 66 65% 66 3,000 32 32 32% 32 % 32 % 32% 32% 2.000 55 *78 79 5 55 55 55 —18 36 363/8 35% 36% 20 20 20 20 Vg , -■ • 55 54% 54% 700 36 36% 36% 36% 3,300 20 % 55 20V4 19% 20 1.800 12% 25 Va *85 13 *12% 25 Va 85% 10 27% 12% 1.400 1 273/4 27% 27% 27% 27 Va 27% 27 Va 12% 12% 12% 12% 12% 12% 12% 46 46 *46 47 % Va 47 V4 3% 16% 16% *16% 17 16% 17'/« 17 17 19 Vb 19% 19% 20 20% 20% 21J/4 , 19% , *46 Va 300 7.600 25% 85% 1 — 13 25% 86 % 47 Va *46 1,400 60 600 32,400 / No par *87% 89% *87% *88 Va 89 Va pid No par 95% 97% 98% 99% 99 99% 98% 96, 96 95% 96 95% 98% 95% 1,800 963/4 26% "*26% 27 27 27 27 27 % 1,000 30 31 No par 12 3 Co. 5 *96 26% 29% 30% pfd—100 *92 30% r- 89% *87 Va 89 200 30% 30% 64,700 30% 30 Va 30% 30% 30 % 1,800 *92 94 94 94 95 101 101 29 % 30 303/8 94 30% 95 4.35% preferred series —_100 *101 93 % Jan 13 3.85% preferred series 100 *91 95 *92 95 *92 96 *92 93 % Feb 4 3.80% preferred series —100 *90% 95 *91 95 *91 96 *91 96 preferred Copper series 100 5 21% 21% Petroleum 10 61% 61% Inc.—No par 27% 27% 40 96 Jun 95% May 23 109% Aug 8 26% Dec 18 84 July 99 May 21 18 3/8 Sep 14 293% Mar 5 Miami 55% Sep 223/4 Jun 22 66% Jan- 2 Mid-Continent 9 27% Mar 9 Middle 12 Va *47 15 % 30 2 _ 88 28 22% *41 y2 Va 18 Vb 18 47% 200 94 94 *85 900 9.800 31% Mergenl,baler Linotype Co—No par Merritt-Chapman & Scott 12.50 3 fwe 17% 15 V4 29% *92 V4 87 6.600 65% preferred—50 Inc 14 28% Nov 28 93% 200 5 Co— Sep 14 29% 93 120 26,300 106 *105 106 93 Va *47 22% _1 Metropolitan Edison 3.90% footnotes 18 39% 700 7,100 1 ; preferred. Machine 18 38% "85 12% preferred—100 18% 17% 93 - 15% 12"% 18 18>/4 15% 12 39% 29% ; 17% 12% Mesta For *22 % 14% *11% 85 39 *105 47% 15% common__50c 2 203/4 Feb 1,7 % *47 15% 55 23% 17% - 42 — 3 17% 47 42 9 28 15% 22% 39% Jan 813/4 Jan 17 *463/8 29% 42 98% Jan 8 105 % 22% 4 16 104% 105% 39% 42 11 Jan *104 18 38% 86 Jun 20 100 17% 18% 17.% * *84 Nov 58% Oct 17% 17% 393/8 86 95 6 17% 38% *84 86 20 18% 1 _5 No par 30 Oct 11% 50 1st 55 23% *84% 15 29% 11 91% Feb 14% 11% 94 May 27 105 14% 11% 92 Jun 97% Jun 14% 11% 92 101 14 14% 28% 108 Feb 85 94 3 105 24'% 83 94 2 Jan 55 23% 85 93 18 91 54 % 24 85 29 37% Dec 25 54% 23% 85 94 923/4 Jan Jan 54 Va 24 *92 15 101 54% 23% No par Co Inc 20 Nov 54% *83 common—16%c Stores Co 27 31 8.000 12% _ Co convertible 5% Oct 16 6,500 12% ■ 13 V8 Jan Jun 1,600 19% 12% - 14% Co 96% Oct 22 7% 19 Va 12% _5 Oct 22 7% 19% 12% 86 % May 30 7% 19 Va 12% 25% 80 Jat? 7% 19% 12% 25 Mercantile 31 7% 19% *13, Merck 15 *7% *85 5 300 7% No par Corp (The) common 600 200 19% series-No par Shoe 24 — •«.— 12% 13 Co 24 4% 4% 7% No par Mlg % 12% 86% 7 Sep 23% 25"% 19 % Jan 25 23% 23% 13 25% Jan 89 4% 24% Sep 111 4 4% *85 Aug 15% Sep 21 4% 10 Melville 91% Sep % 4% Corp common No par % % preferred (1st series) 100 Mengel 50% May 21 4 5 xl9% No par & Bobbins Inc. Norris 1.100 2.100 532 4% 4% 23% 18% 18 *516 5 Mead 4 23% 18% 532 *11% 17% _ Corp Stores *516 6.25 Publishing Porcupine Mines Mclnlyre 28"2 Mar 19 9234Jun 23% 24% 18 Va 18% 1 common— Electric 2 14.3 4 May 22 Sep 24 4% 24 24 532 *23% 100 pfd convertible 21 • 18% *516 *4% McGraw-Hill 26 % Jan 24 18% —50 — Stores M'cGi-ftvv 24 Va 532 5 preferred.! McCrory 18% 4% No par .' Corp $2.50 *24% *516 *4% common Corp 38% Jan ' 1 180 1 common. preferred 17 2 33% Jan 8 Mar 12 95 46 ' 28 Jan , $3 McCall 80 % No par preferredpfd 1947 12 50 % Mar 12 16 Oct 4 . May Dept Stores 26 Vb Jan 8 15% Apr 22 7-" 12 32% Aug 11 71 % Jan 12 17 19% Oct Mar Mar 25 92 15 22% July 15 Aug 19 52 21 % 22 52 3 21 28 p 26% Sep 65 85 % Jan 26% Dec 7 14% Oct July 2 Sep 15 Sep 29 19% n<*c i 15% Mar 12 x22% Nov 75 *79% 6% com cum . 80 8 common*. preferred'—'. conv 2 10 3,700 6% > ' 2 Jan 223/8 6% 50 Co— 25 79 22»/8 8 Va Chemical. Corp com 90% Jan 32% Mar.23 22 7% 10 Corp. Electric 90% Jan 10 10 60,300 6% Co— 29% Jan July 21 May 7 May 2 80% 21% 79% 15% 7% Martin-Parry Corp-; 16% Sep 17% Sep Aug 28 80 ... 15% 6% .4— 13% Jun 113 22 300 15 Va 6% preferred/(conv). 33% Jan 3 21% 1,400 *7% ; Cor)) 15 30 223/8 5 28 17% May 12 22 14% 8% 43 130 6% Shirt 9% Apr 38'/«. Oct 14% 1 21% Oct 104% Jan 14 No par Midland %'/» 15% *8% 43 130 7% —— (The) Marshall Field 4 14% 8% 43% 130 81% Bros 4%% 15 43% *127 6% —— Sep 8% 8% 43 130 *7% Manati Sugar Co__: Marine *42% *127 *80% Maracaibo Oil Exploration Marathon Corp Jan 8% 43% 130 No par Garden Mahoning Coal RIl Co—J Maude! 8% 8 43% *127 _No par Square Magic Chef Manhattan 16% Sep 8% Jun Macy Magina Copper 8 8 common—!0 preferred— Mack Trucks Inc— Magnavox Co 8% Feb 16 Forbes & 6% 6 Mar 23 11% Jun 23 Working Co__ 22% Jan 552 22 85 M 9 28 , & Apr Dec 13 25 8 9% Jan Sep 15 15% Sep 15 517 Sep 15 4% Sep 15 4% Sep 14 10 6 87 % Mar 27 2 21 11% Mar 18 Dec 19 30 78% Sep 14 7% Oct 16 5 22% Nov 13 24 Mar 24 28 39 9 6 MacAndrews 7 3 9% Mar 13 24 20 Feb May 10% Jan 30 Apr M Jun 90% Jan 16 7% Dec Mar 20 17% Jan 7% Aug 25 7% Oct 12 31% Jau 243/4 Oct 22 84 29 107% Feb 19 4.45% South Utilities *104 102% *101 Va 102% *101% 102 % 10 110 105% - 105% 105% *103% 21% 105% 21% 21% 21% 21% 22 4,900 61%- 62% 62 62% 62 V» 62% 2,200 27 27% 27 27 Va 26% 27 % 6,000 104 105% 23 Financial Chronicle The Commercial and 24 ... Monday, November (1788) • NEW YORK STOCK RECORD Sep 3 125% 0«t 22 21% Oct 9 17% Nov 28 16% Jan 26 139 Oct 6 13% Feb 26 15 % Oct 23 19% Dec 19 45% Feb 14 62 % Dec 18 3 116% Dec 2 105 2 42 107 Mar 39 48% Jan Apr 24 101% Feb 105 25 Oct 28 24 % Jan 9% Sep 19 91% Jan 7 30% Jan f 139 23 S & 52% Nov 4 Minn Oct 30 1 88 8 Jan 23 Jan S 26% Jan 22 21% Nov 2 & Mfg 100 No par common 5 Mission 34% Mar 28 Corp — Development Co Oct 15 15% Oct 22 20% Jan 22 15% Sep Mission 16 38% Dec 11 34% Jun 15 14 10 23% Mar 28 33% Oct 41% Mar 17 3% Oct 10 IS 4% Sep 18 6% Mar 12 8% Feb 24% Sep 70% Aug Missouri-Kan-Tex 1% preferred SO Jan 16 21% Apr 21 67% Dec 31 57% Sep 59% Dec 23 33% Sep 24% Nov 12 31% Jan 7 24 Sep 15 15 21 12% Mar 14 % A 13 Jan 5 15% Mar 28 Mojud Monarch Monsanto 4 Aug 6 series Mohawk 18% Jan 4 15% Sep 11 82% Oct 30 109% Jan 2 79 15 95% Jan 20 28% Mar 11 Montana Chemical 28% Jun 30 17% Sep 26% Apr 16 31% Dec 19 25% Jun 14 10 32% Mar 26 55% Oct 22 67% Jan a 53% Sep 18 65% Mar II 2 18% Aug 12 3 14 % Jan Nov Aug 15 18% Apr 15 Mar 1 18 Feb 20 14 31 Jun 10 23 % Sep 14 34% Mar 18 Motor Products 15 22 % Sep 15 27% Jan Motor Wheel 8 21% Sep 27% Mar 10 Mueller Brass 26% Mar 13 Mullins Mfg 14% May 19 i 29% Jan 25 18 Sep 13% Jan 26 12 Jan 5 19 57% Jan 4 44 Oct 26 6 110 No? 1 3 74% Feb 15 47% Aug 26 20 4% 60 Feb 28 Jun 10 51 Feb 1 16% Sep 15 10% Feb If Sep 15 Oct 6 37 No par 29% 29% 83% 19% 29% No par 56 56% 55% 12% 12% 12% - \ , - 22% 5.900 9% 10% 2,700 5.700 66 66 119% 119% 1,600 52'A 8,700 52 *102 102 % 10 71 19 8.100 10'/a 71 19 21% 19 310 400 20% *20% 6,300 27% 27% 27% 4,500 17% 37 17% -17% 3.900 36% 37% 5 7.300 5.000 5 4% 70 69% 69% 14,200 44% 24% 14% 17"% 44% 45% 15.500 24% • 24% 1,100 14 14% 3.300 17% 17% 700 84% 84% 11.200 19% 20 16,000 x84% 19% 30 30'/a 30 Va 3.800 55% 29"% 85% 19% 30% 56% 56 Va 56% 12,500 12% 12% 12% 3,200 • 12% *11% 12% 11% 11% 11% 34 33% 33% 33% 33% 33 33% 4.500 24% 22% 24% 22% 24% 22% 24% 22% 24% 24'/a 3.400 23 23 Va 25% 26 26% 26% 26% 4,100 18% 13% 45% 109 109 19% 19% *43% 44 *37 38 18% 19Va 10,000 X13% 13% 900 45% 1,700 ' 5 22% 24% 22% 1 ' Co 300 21% 12% 11% 25% 26 25% 1 5 Corp 22 Va 24 18% 13% 44% 19 13% 18% 13% 44% 10 Corp ' 4% 68 43% 24 14% *17% 100 129 22 Va 12 3 Corp to ce £ 33% No par Co 1 100 108 19% *43% 38 10 50 No par & Bros " 5fi% 12% 12 Inc (FE| 84% 20% 20 Lines preferred Myers 24% 15 17% 24% 15% 17% 84% Murphy Co (G C) common 4%'A preferred Murray Corp of America com 8 110% Mar 16% Sep 48 Aug 29 52% Feb 4 24 6 Jan 50 104% May 18 28 21 % Dec 1 42% Mar 13 Dec Dec I 24% 14% 17% 27 17% 36% 44 19% Munsingwear Inc 25 Motorola 42 82% (The) & 31 5 18% May (John; Dec 14 15 106% Oct Morrell 15% Apr 43% Jan 25% Dec 23 49% Dec 15 16 44% Oct 14 22% May 11 % Jun 48 11% Sep 10% Sep 32 7 22% Jan • 10 45 5 5 Co Montgomery Ward & Co Moore-McCormaclc 16% Jan 68 17% 36 % 4%5 67 68% 5 17 36 26"% 17% 367/a 19 20% 20% 27 17% 37 24% 15% 17% Co Utilities 21% Nov Power Co 20% 43% - 20 1.25 Tool Montana-Dakota 19 No par Inc Machine 20% Mar 28 70 19 68 pfd_100 Carpet Mills Co 16% Oct 20 Sep conv 102% 10% 69% 27% 4% 100 A 5% ELECTION DAY 17% 36% com__No par RR fMissouri Pac RR 58% Jan 23 32% Mar 12 - 9% 65% 500 35% 35 35% 22% 22% 9% 66 119 120 51% 52 *102 102% 10% 10% 70 70 120 52% *116 51 *102 10 27 —1 5 10 Mississippi River Fuel Corp 37 - 9% 65% EXCHANGE CLOSED 66 119% 51 102% 10% • 69% 19 20% 119% 50% *102 10 69% 19 19% - Shares Nov. 6 22% 22 A 9% 65% 22'% 22% STOCK the Week Friday 128% 128% 22% *22% 10 05% 1.50 Reg $4 preferred —No par Minneapolis-Moline Co common 1 $5.50 1st preferred 100 $1.50 2nd conv preferred 25 Minn Power & Light new No par 29 19% Jan 104 Min 9% S Marie—No par Minneapolis-Honeywell $3.75 conv preferred 18 % Oct Mar~12 Paul 5 Oct 19% Nov St Minn 1 29 10 9 Minneapolis & St Louis Ry__No par 30 35% 128% 128% 128% 22% 22 Va 22% 22% 10 Nov 6 11 Apr 128% Corp 35% *35% 36% *35% 100 Jun 120 16 5 common 66% Oct 14 27 Sep Oct Oil Midwest Nov. Z Par . 1st preferred 8% 24 Va Mar 20 69 11 23% Nov Feb Midland Steel Prod 7 94% Jan 2 Nov 22 53% Feb 23 Jan 16 80 25 46% Jan 7 30% Jan 4 20 20 1 31 % Sep 46% Dec 39% Jan 131 y« Jun EXCHANGE Highest Lowest Highest Lowest Monday STOCK YORK NEW Range Since Jan. 1 Year 1952 Sale* for LOW AND HIGH SALE PRICES Tuesday Wednesday Thursday Nov. 3 Nov. 4 Nov. 5 STOCKS Ranee for Previoas 44% 108 19% , . 43% 18% 13% 44% *107 108% 19% 19% 43% 43% *37 38 38% , 18% *13% 44% 45% # 400 2.000 109% 30 19% O 00 2,200 19% 100 44 *43% 37% 37% N 17% May 1 60% Feb 20 22% Dec 1 100% Dec 18 74 31% Apr 15 36 11% Oct, 15 16 % Jan 4 15% Jan 8 16% Oct 24 20% Jan 8 16% Sep 22 21% Mar 9 Apr 23 23% Dec 1 19% Sep 15 25% Mar 20 19 293/4 Apr 23 1 Aug 35% Dec 2 179% Jun 21 12:i/4 Jan 28 49% Nov 3 93/4 Jan 2 14 38 24 174 34 18 83/4 Oct Sep 158% Jun 31 161 % Jan 10 Sep 14% Nov 25 13% Jan 7 9 27 14 2 13% Dec 22 19% Oct 30 97 23 17% Jan 18% Jan 2 136 1 Feb 10 63% Aug 33 Jan 8 61 '4 29 177 Jun 18 15 147% Apr 9% Jan 24 132 24 30% Oct 23 31 Feb 7 Nov 7% 4 16 1 preferred A 6r'r preferred B 14 National 3l;,/4 Nov 24 25% Oct 26 30% Jan ia National Apr 3 May 20 22% Sep 21 31% Jan 0 National 6% Oct 22 10% Feb 1 10 7 9% Jnn 3 12 , 16 2 Jan 3 30 13% Jan 105 Jan 11 10% Apr 31% Jun 85% Jun Apr 21 56% July J 20% Feb 4 July 22 85 75 16 66 J« n 22% Aug Newberry Co 33A % 0 20 16% Jan 29 8 100% Jan 108 9 4%% 30 14 48% Jan 10 100K Mar 9 14% Apr 24 17 % May 26 52 14% May 1 Apr 9 78 Dec 5 59% Oct 13 86 Oct 10 94% Feb 9 80 Mar 24 400 350 May 2 673 Sep May 11 92 Feb 9 5 520 Jan 8 23 19% Jun 16 25 51 Sep 21 13% Dec 22 18% Jan 3 15% Jan 7 34 Feb Y N Y non-cum & 30 Nov lg 85% Jan 24% Jan 76 82 35% Sep B 31% Sep 21 37% Mar 23 2 94 Apr 3 80% Jun 11 92 2 28 Jun 6 24% Jun 10 28% Feb 2 Jan 2 85 May 21 75 Apr 28 80% Jan 92 Nov 12 79 Jun 22 87% Jan 8 2 98% Jun 3 87 Jun 29 93% Jan 7 8% Apr 24 18%' Oct 28 14% Sep 26% Apr 46% Jill) 2 52 % Sep 8 25 8 26% Apr 16 2 25 16 19 19 15 York 8 Sep 14 15 Jan 8 16 Sep 15 20% Jan 26 41% Oct 6 53% Jan 30 22% Jun 12 26 16 28 17% Dec 17 89 % Dec 19 47 30 35 % Mar 59 8 % Dec 15% Sep 23% Mar 24 15 20% Mar 19 Feb 5 94% Mar 29 52 2 13% Dec 16 11% Jun North Sep 14 North Northern 4 5%% 5 Northern Jan Jan 2 Jun 3 110 Nov 94 Jun 5 102 Nov 90% Dec 1 7 78 Apr 24 100% Jun 18 87 Mar 19 109 Mar 12 24% 24% 25% 25'A 28 28% 28 Va *28 Va 28% 400 46% 46% 46% 47% 47 Va 48% 7,600 25% 25% 25% 25% 25% 25% 25% 89'A 89% 89% 89% *25% 88% 28% 28% 5% 5% 11 Va 11 28% *113 114 *113 5% 300 25% 4,400 70 90 28% 28% 28% 4,700 115 1,900 5% 6 11,100 10% 11 114 114 11 25% 25% 25% *89 5% 11 1,300 4% 4% 4% 4% 4% 4% 1,100 *11% 11% *11% 11% 11% 11 Va 1,400 300 15% 15% *15 15% *15 15% *105 105 % *105 105% 105% 10 14»/« 14 147/a 14% 15% 20,700 33 32% 32 Va 400 *91% 92% 14 *32 Va *91% 13% *89% 33 *32% 92% 13% *91% 13% 92% 20 92 *89% 92 15,400 13% 13% 13% *89% 92 *105 42% STOCK 42% 42% 42 % 43 43 43% 3,600 12% EXCHANGE 12% 12% 12% 13% 13% 13% 7,900 6a 69 69 *69 69'A 120 28% 28 28 28 28'A 1,500 1.700 29,300 CLOSED 69 ELECTION 18 *po 27% 28% DAY 17% 17% 17% 17% 17% 17% 20 20 Va 20 20'/a 20% 20% 33 34 34 34% 34 35 105 *104% 15% 16 15% '62 *62 64 *104% 5,500 105 15% 15% 16 64 *104 Va 62 ; 62 105 *80 82 82 470 *400 *82% 82 *400 470 - 2,100 40 90 84 470 *400 — — 1 26% 27% 26% 27 26% 27% 7,600 56% 56% 57 57% 57 Va 57% 1.900 26% 27 27% 27% 28% 28% 30 33% 34 34 34 34 33% 34% 100 *88% 27% 89% 27% 80% 87% ♦88% 89% '88% 89% *88% 27% 27% 27% 27'/a 27% 82 *80 87% 87% *86% 87% 86% 86% 91% 8% 18 % 45% 23% 91% 91% 91% 91% 92 92 8% 8% 8% 18% 18 Va 18 Va Co Gas 100 Ry__ Pwr Co (Minn)— preferred preferred $4.10 preferred Northrop Aircraft Inc ' 9,700 5,700 25 89% Jun 19 7 12% Jun 15 16% Jan 31 9 % Oct 26 8 25% Jan 31 18 Oct 23 14% Jan 24% Jan 13 19 18% July 18 27 % Jan 28 16 % Sep Id 25 Va Apr 9 Norwich 39% Dec 22 34% Jun 10 39% Feb 2 Ohio Edison Co 106% Aug 12 94% npr 10 94% Jun 12 83 12 93% Jan 27 3.90% May 18 106% Feb 28 4.56% Mar 9 4.44% 6 Northwest 4.6% _100 1 21% 21% *80 8% *18 44% 200 190 8% 3,600 18 18 Va 500 43 43% 8% 7,600 45 Va x43 Va 43% 23% 23% 23% 23% 23% 21% 21% 21% 22 21% 22 10,100 19% 19 19% 33,500 18% 18% 19% 19% 84% 84% 84% 84% *84% 38% 39 38% - 85 Va 39% 38% 106% 106% 57% 58% 200 *23% 39 18% 82 *80 82 11,500 107 107 107% 57 58% 57% 13Va 13% 13% 400 84% 70 38 Va 6,700 ' 107'A 330 59 58% 59 Va 22,900 13% 13% 13% 12,000 107 84'A 38 *107 " 13% 86 *106% 99 15% 13 % 86 107 99 *85% *106% 86% 107 85% *86 86% ' 106% 86% 40 106% 100 *106'A 107 99 99 16% 16% 99 99 *97% 99 16% 16% 16% 16% 17 10 Ve 10 10% 9% 70 15,500 10 1,400 *10% 10% 10% 25 Airlines Inc 18% 18% 18% 18% 18% 18% 1,300 20 % 18% 20'A 18% 2,50 19% 19% *19% 20 Va 20 20% 800 common—10 preferred Pnarmacal 80 % *86% *91% 8% 18% 44% *23 % 90 27% ' 100 100 $3.60 13 _10 -100 — $4.80 15% Jan 9 1 50 Ry Co 5' 9 18% Mar 17 •-< 10 Aviation— Pacific States 30 Sep 24% 33"% Co preferred 11% Apr Jan 2,600 28 25"% t Natural 11% Sep 101 110 25% No par Common 14% Mar 12 , *8% Corp— .-. Central Northern 2 Northern 82 Shipbuilding American 16 84 16 Hartford Co_100 series A—x.—100 American Jan 87 50 100 100 Noma Electric Corp 1 Nopco Chemical Co 2 Norfolk & Western Ry common—25 Adjustment preferred 25 107 % Nov July 6 34% Sep 24 103% Oct 6 10% Jan 105 50 preferred preferred 46% Jan 83 ' 7 5% preferred 3.60% 1 75% Jan 13,900 37 Electric & Gas Corp— State 3.90% 26 Apr 1,460 37 800 Niagara Mhk Pwr Corp com_No par 3.40% preferred 100 12 2 Jan 96 18,700 ' Jan Jun Y $3.75 22 Jun Dec 10,800 95% 18% 9 34% Co & Haven New Common 86% Jun Aug 19% Jan 1.000 20% 146 Participating stock ——ix_—1 6 N Jan 91% 20% *8% 34 preferred——No par Harlem RR Preferred 5 New x29 Dock York $5 N 18 65% Feb *91'A 144 % *62 64 *80 82 *400 470 263A 27% 563A 56% New 63 % Nov xl8 % * common—'-INo par 20 2 18% 92 18'/a ' Jan 46% Jan 18 Va 91% 12% 9 *104% 105 15% 16'A 70 24 % Dec 2,800 147 u—-20 New York 13 13 9 preferred series A—-i—100 City Omnibus Corp^No par 6% 17% July 13 14 % Feb 12% St Louis Co^— & Common 5 101% .Tun 3 Sep Central Chic 13 Va *145 20% New York 12% 12% 9 20% 23% Mar 17 25% Jan York 5,000 6,200 146 100 15 30 16'A 61 146 1 common 16 60% 172 % 42'A 12% 69 27% 17% 17 Sep 30 16'/a 61 36% Newport News Ship & Dry Dock—1 New York Air Brake 5 Jan 16 60% *171 Va __.i_No par Industries preferred Newport 72% Mar 23 34 16% 60% 37'A _10 19 15 Oct Pr Jersey 17 % Sep 8 23 49% Dec 100 1 & Lt Co 4% pfd_100 preferred Newmont Mining Corp New 34% Feb 20 -5 common—No par (J J l England Electric System New New Jan 100 Inc Nesco 56 1 common preferred 0 92% Jan 11 Inc Bros 6 a 14% Mar 30 15 Jun 23% Sep 1 Corp Feb 93 % Apr 18 10% Sep 24 23 % Dec Oct 22 Jun Nehi 1,500 15% 28% 28% 114 114 5% 6 *11 11% 4% 4% 11% 11% 15% 15'A 105% 105% 133A 14 32% 32% *913A 92 % 13% 13 % 90 90 No par 15% Nov 37 % Aug 31 7 36% Nov 30 4%% 11 4 Fibre Co Natomas Co Neisner 30 12% Jun Sep 0 8 38 Inc Vulcanized Mar 29 9 preferred conv Theatres "16% Apr 29 14 % 4.20% National 20 106 4,300 172 % 88 % —5 100 1 _1 Co common National 13% Feb 5 4,600 9% 19 Va 36% _100 preferred 'Jo 1 7% Mar 27 22 97 18% Nov 13 17 10 98% Mar 20 4 30 45% Oct 20 66 10% Jun 13% Sep Jan 31 % Dec 11 43% Jan J tin It3/, Oct 29 105% Sep 353/4 Dec 23 84 4% Sep 17% 9% 19 *144% 146 8% 8"% Corp 12 7% Apr 12% Jan 14 3 4 % Steel National Tea 116% May 20 2 Sep 4 29% May 20 21 4% Jan 10 4 11% Jan 13% Dec 104 % Jan 18 Jan 8% Mar 104 % Jan 90% Jan July 31 5% Sep 16' 17% 9% 19% 60% 46'% 26 25% 8 14 17% 9% 19 Va 172% 46% *25% 25% 52% Jan Nov 17% 9% 19% 37% 10 Sugar Ref Co No par Supply (The; Pa com—10 40% Sep 3% Oct 23 17% 9% 24% 28% 2 11 5,800 173% 24% Jan 89% Nov 4,400 172% *27% 53 6 10% 58% 19% 60% 12% No par Steel & 40 173 10 Va 58% 17% 15% Cast-No par Malleable 1 25 *172% 10% 58 *172% 173% 1 Corp Linen Service National 43 86% Sep 172'A 10% 57 37% common Natl 24% Jan xl72 % 10% 57% 36% No par 5 100 100 preferred National Shares Corp.: 7 173% 10% 57 95% 0 91 173% 95% 37% Mar 19 27% July 5,200 95% 32% Jan 109% 2,200 35% ' 95% 21 2 1,400 22% 35 Va 20% 15 23 18% 22% 35% 20% 25% Sep Jan 18% 22% 34% 20% 22% Sep 19% Feb 18% 22% 20 22 101 xl8% 35 Va 91 26 35 19% 22% 18 34% Sep 15 19 91 National Lead Co 170 34% 173 Va 19% 15% 60% 12% 8,600 22% 19 74 22% 34'/a 18% 40% Jan 85% Jan 3,600 91 20% 95% 9 25% Jan 3o 27% Oct 22 *173 Co 30% Jan May 12% 18% 4 9% Oct 12% 90% 19% *94% $4.5u 4 146 9 12% 100 1 6 Nov 12% , *19/? 22 A 34% Lines pfd series of 1951 National Gypsum Co common 173% Nov 3 1,000 12% 9% 19% Register 4 % % 37% Nov 15 Aor 5 96 24 155 % Jun Jan 7% Dec 4 22% May 20 9 jury 29% Apr 20 1-in 09% Jan 22 8 1 15 S"n 87% Jun 26 17% Sep 1 7 14 15% Jan 12 "4 Sep 2 24 23% July 98% Oct 17 253/4 May 165 4 34 % Jan 16 Jan 19% Mar 27 56% Jun 1 110% Jan Sep 91 Dec 30 /* 17% Container .1 30% 30 Va 9% City National i.. 78% 30 Va 17/2 National 5 21 18 78% 30 17% Inc 1 common.—1 $1.25 conv preferred 25 National Cylinder Gas Co 1 National Dairy Products 10 National Department Stores 5 National Distillers Prod common—5 18% Aug 18 Sep 17% 78% 29% 10% 57 Cash Aug 31 18 *77% 10% 56% Can National 15 18% Mar 27 60 18 78% 30% 10 No par Corp, National 11% Jan 2 Sep 15 17% 78% 18% 78% 12% 100 preferred A 1% 20 19 133/4 Jan 48% Jan St Louis 59% Mar 19 51% July 22 13% Jan Mar IP Oct 13% Feb 14 61 % Mar 19 110% May J5 36% Mar 28 14 11% Sep 17% 78 30/« Corp Chatt & Nashville A 99% Jan 5 100 National Acme Co_— 1 National Airlines 1 National Automotive Fibres Inc—1 National Aviation Corp 5 National Biscuit Co common 10 Nash-Kelvinator Co o 33% Jhii 100 2 Jan 14 88% Jan 8 104 % May 15 106% Nov 7 100 Jun 97% Jun 12 106 104 Jan 50% Oct 6 60% Apr 10 49% Jun 10 57% Aug 22 2 27% Dec 16 23% Jun 10 28 16% Sep Jan 17% Mar 13 19% Dec 9 13 Oct 17% Jun 6 91 Dec Por 27 12 108 % Jun fontno'* «<*»- nupt a ?jp 9 Sep 4.40% 2 Mar 22 1 18% Jan 14% Feb .4% 3 71% Sep 23 95% Jan 9 preferred preferred preferred Oliver ., 4%% Corp 38 Va 38% 38% 38% 38% 5,700 101 Va 102 % 101% 101% 101% 101% 670 91% *91% 91% '91% 91% 91% *106 % 100 _1 Co 38% 102% 100 preferred- Oil 38 % 101% 100 „ Oklahoma Gas & Elec Co com 6 15 Ohio 12 100 common preferred common convertible preferred *103% 53% 91% 91 38 107 *106 Va 107 *106Va 107 104 *103% 104 *103% 104 54% 53% 54% 54% 54% 10 26 26Va. 26 26 Va 26 26 Ve 20 17% 17% 18 1 9% 9'A 9 No par 100 73 74% 73 18 Va 9% 73 Va *17% 18 9% 9% 73% 73 Va * 106 Va *103 Va 104 30 107 x54% 26 *17% 9-% 72% — —» 54% 7,900 26 Va 1,600 18 300 9% 12,300 73% 770 9, 1953 Number 5271... The Commercial and Financial Chronicle Volume 178 (1789) NEW YORK STOCK RECORD Bange for Previous STOCKS Year 1952 Lowest 12 13% Aug 28 Feb 19 41% Dec 23 80 Dec 23 28 Feb 20 B3 Jan 11 79% Oct 2 Jun 11 38 19 79 2 Jan Feb 19 41% Apr 24 62 89 % Sep 16 9% Mar 13 Sep 86% Jan 23 69 % Jun 14 11% Jun Oct 6 17% Jan 31 97% Jan 24 30 19% Jan 11 86% Mar 22 38% Dec 31 81 Mar 17 63 Oct 28 39 Mar 18 49 Dec 30 80% Deo 2 Oct 35 Owens-Corning 81 18% Jan Mar 17 "When Pacific 2 145% May 19 25 142% Jan 22 6% 2 8% Nov 21 4% Sep 15 8% Jan 28 Pacific 17% Oct 16 26% Mar 15 22% Feb 20 47% Mar 31 Pacific 8% Jan 7 8% Apr 16 4% Apr Oct 9 18 83% Jan 10 89% Jan 2 41 Jan 8% Nov Apr 12 83% Dec B •S 4 29 100% Jun 13 9% Jan 17 22 119% Mar 10 9% Jan 8 4% 19 Packard 26 Pan 5% Sep 14 10 15 Apr 2 24% Sep 15 23% Oct 29 34% Jan 7 Park 30 44% Jan 7 Parke Oct 16 88 Jan 26 33% Jun 16 39 Va Jan 30 8% Feb 15 8% Apr 28 6% Sep 15 8% Jan 5 18% Jan 7 4% Sep 21 8% Apr 9 Patino Peabody 30% Mar 27 Dec 23 8% Jan 29 Oct 21 6 Jan 8 18% Oct 20 20% Jan 29 10% Oct 20 18 Jan 7 2 35% Nov 17 34 Dec 14% Aug 19 10 Aug 10 38 'A 383/3 38% 38% 9,000 66 66 65% 66V2 4,100 *24% 114% Corp & 27 24 24 24% 25% 243/4 24% 400 32 Va 32% 32% 33% 33V4 33% 10,500 33% 34 34 34 35 35 35 7 3/a 73% 5 4% 43% _5 3% 500 20% 20% *21% 21% *21% 21% 213/4 213/4 180 Penney (J C) Penn Coal Co 12 Coke Corp & 47% Oct Pet 7 99 & 4%% Pfizer 28 % *273/4 28% *28 28'% 28% 28V4 28 Va 28% *283/4 29i% 160 73% 73% 75% 76% 76% 763/4 77% 5,700 12% 12% 12% 12% 12% 12 12 400 34% 34% 34 343/a 34 34% 343/a 35 2,000 37 37 *105 12% *105 34% 34% xl8% 19% 193/4 423% 43 30 30'/a 5 . 32 32 33%c 13% 13% 13 Va 133/a 13% 133/4 133/a No par 100 *45% 46% 101 3/4 * 103 *101% _5 Co 203/a 20% 5 .. 16% 16% 34% Oct 20 18 108% Jan 2 21 43% Feb 5 33% Dec 15 32% Jan 19 22% Jan 17 2 16 May 15 20% Jun 24 2 Oct 6 99 Jun 1 111 Jan 5 4.4% preferred 100 99% Jun 24 86 Jun 24 99 Jan 2 3.8% preferred 100 96% Jun 10 108 Feb 26 4.3% preferred 100 *104 7 108 100 *108 *20 16% 106 108 3/4 108% Mar 8108% Jan 8 4 104 18% 88% Jan 6 8% Sep 21 xd% Jan 8 Phila 27% Sep 11 36% Jan 8 Philco Apr 12 80 Dec 8 Apr 46% Jan 28 62 May 3 91 May 26 101 12 98% Feb Nov 8 12 13 98% May 10 87% Jan 12 55 101 90% Jun 1 13% Mar 15 20 Dec 31 18% Jan 27 27 Aug 94 98 Dec 17 92% Jun 1 98 Jan 64% Dec 30 July 29 48% Feb 20 14 Mar 13 Jan 98 Va Jan 23 5 5 29 4.68% 3.9% 5% 48% Sep 15 69% Mar 25 12 Jan 4 10% Oct 23 19 39 Mar 5 32 21 37% Jan Jan 4 Sep 102% Apr 19% Dec 8 95 July 22 18% Apr 29 24 19 Jan 98 Nov 14 110% Jan 21 24% Oct 1 37% Jan •8 Oct 6 95% Feb Oct 1 106% Jan May 1 Nov 106% May 22 20 17% Jan 106% May 22 28 46 14 14% Dec 62 24 2 22% Mar 27 13 91 Jan 14 6 29 110 101 May 18 19 S*p 15 80 Oct 30 94 Feb 17 79 Nov 2 97 Jan 7 41% Sep 15 69% Feb 3 11 2934 ,T„n n 33% 333/4 101 % IOOV4 34% 34% 34% 34% 35 31% 32 31% 313/4 31% 31% 31 % 31% 7,100 1,000 No par Iron Sep 15 142 Feb 21 156 Aug 18 148% Apr 21 162 Sep 3 161 Jan 4 165 Aug 25 153% Jun 11 165 Feb 0 42% Mar 17 56% Dec 12 44 9 Oct 27 10% Jan 21 7 17 Oct 10 25% Jan 21 70% Oct 30 85 Jan 17 Oct 23 80 Jan 17 63 28% Apr 18 25% Dec 23 17% Sep 16% Mar 18 15 88 Jan 31 25% Apr 17 129 145 Sep Sep 15 9% Feb 12% Sep 15 21% Jan 5 60 Sep 21 73% Feb 27 Sep 21 75 Jan 14 2 3 Pond 85% Dec 09% Dec 17% Jan 22 34% Jan 8 59% July 1 9% Sep 15 68% Jan 15 Procter 15% Jan 20 Publicker 80 2 Oct 21 82Va Jan 3 26% Jun 5 35% Nov 5 18 87 May 18 26% Dec 11 Jan 2 8 27% Nov Jun 3 Sep 36 Va Feb 23 Jun 25 "2 73 22 15 18 24 Ve Jun 2 27% Aug 8 103% Nov 20 24% Jun 92 Jun 102% Jan 3 109 30 27% Jan 20 27% Feb 24 Serv $1.40 6 4.70% 11 15 43% Jan 20 Pullman 23 35% Sep 42% Sep 17 148 24% Dec 18 18% Jan 1 80% Nov 29 li 9 81% Dec 8 1% Nov 14 3% Jun 18 4% Oct 9 4% Jan 11 88% Jan 4 14 64% Jan 2 109% Mar 4 30% Mar 2 25% Aug 31 CLOSED *98% 99% ELECTION 21% 21% DAY preferred 100 & Pure 5% Oil pfd 52 7% 52% 52 % 7»/4 7% 21% 213/a *21% 13% 4,100 71/4 1,400 13% 4,500 603/4 30 643/4 100 21% 500 20% 21% 3,000 90% 90'% 91 21% *148% 21% *147% 203/a 21% 90 20% 13% 603/4 *64 40 54 Co 390 90% 11% *11% 11% 11% *11% 11% x25 'A 25 3/a 25% 25% 25 25% 24% 25i/4 35 35 35% 36 15 15 15 15% 15% 1,200 17% 17% 17% 17% 17% 4.800 9% 6,400 100 — 1 35 90 35 15 90 *11% *36 2,800 36% 1,400 _-No par *14% 10 17% 17% 1 9% 9% preferred series A__50 38% 38% *37% *373/4 38% 65% 65% 65% 66 653/4 66% 65% 663% 6,200 10% 10% l03/8 10% 10% 10% 10% 103/4 4,700 B Power Co com__; Inc com No par 5 preferred No par Colo 10 Co Co El 90% *11% 5 preferred of of *80 323% 1 Inc 80 80 80% 801/4 343/4 35% 34% 35Va 5,300 36 36% 35% 36 4,600 83 25 27% 27% 27 27 100 (The) com 5 x46 *108% 27% *144 22% 353/4 25% 26 26% 26 100 100 •106 106% 38% 38% 46% 6' .No par 22% 75% 75% 1 23/4 2% 1 86 Feb 26' 95 27 100 85% Sep 14' 47% Mar 28 .No par 3% *95 38% 3% 8,800 1 106% ♦i06% 38% 39% 46% 108 27% 28 ♦ 144 22% 23% 23'/4 75 76 76 3% 40 1063% 444% 23/4 25% 26 *106'/8 23 23% .No par 8 13,900 26% 263/s 100% 22'% 22% 3 26% 26% *98% 144'% 145 Jan 600 85 100% 46% 27% 1,000 27% 26 108 3/8 27% 253/4 *27 *98% 39 108 3% *25% 27% 26 26% 46% *83% 25% 271/4 26% 106% 70 84% *25% 100 1083/4 4% Jan 48 60 80 34% 25% No par common preferred 200 38% 80 83 38% *373% 33 36% *106 9 33% 83 25% 9% 80 3/4 25% No par Co 38% 353/4 257/a com 9 9% 25% *98 % (The) 9 84% 35% *83 No par Gas 17% 25% 100 preference com__No par preferred 100 cum preferred 100 & *14% 25 Indiana__No par 97% July 18 161% 61% 2 2ft 161 *159% 643/4 8 page 1,200 *158% 160 13% 88% Jan see 13% 161 643/4 *147 13% 1,400 1593/4 *603/4 40% Mar For footnotes 13% 500 453/4 *1583/4 13% T9 1 13 133/a 62% 20 Va 10 81% 81 45% 65% 29% Jan Oct *80% *79% *60% 6% preferred 100 Quaker State Oil Refining Corp__10 15 813/4 *64% 21% 3,000 803/4 133/4 20% 800 21% 45 66 21% 21% 80% *80% 62% 20% 21% 45 81% *61% *147 1,900 99% 80 *643/4 13% 21% 45 xl3% 1 common Gamble— conv 21% 100 Quaker Oats Aug 29 21 *99 *105 *105 21 100 pfd Ash 13% 13% No par A_ prior 2 1 99% 21% 7% 2 4% Apr 32% *98% 45 15,300 113/a 32% "20 543% *10'% 32% *21% 51% 9 •' 53% 11% 323/B 21% 73% 25% Jan 3% Sep 54% *10% 99% 52% 146% Feb • 533/4 11% 32% 21 Va 20% 200 97 54% *105 20% 95 *98% 7% 17 / 53% *10% 513/4 15 15 97 32 *105 7,200 26 *95 10 20% Sep 18 *243/4 95 No par 131% Jun Jun *96 97 *80 % I 2% Oct 97 *95 *79% 18 21% Aug 31 99% 26 45% Jun 68 99% *96 80% 27% Feb . 48% 99% *243/4 80 div 4.08% 6 J8% Apr 138% Jan Jan Pub Jan 109% Jan Jun 48% 96'% 80% preferred preferred 4.90% preferred 18 103 EXCHANGE 11 3/8 203/s 49% 26 45% Industries Serv 101 Va Jun Apr 28 543/a 1 4.32% 21 110 53 % STOCK 10 88 85% 48% *983/4 *98'% 96% 3 2 3/a x *86'% 85% 48% 85% *24% 95% 32% 100 3 % % 09% Jan 10 3 Public 5 5 NOV 108% Aug 11 *98% *10% Pocahontas cum Jan 102 48% 99'% 79 class class Serv 43% Jan 39% Mar 20 80% Oct $4.75 Public 27% Oct 4 *84 49% 5 conv & 84% Nov 9 2 85% 48% *98% No par Electric 4 % % 20 22 24% Jan 92% Jan 4 *84 97 100 Oil Co 11 29 % Jun Sep & 15 84% Dec 6,700 *95 Co Pressed Steel Car Co Inc 31% Nov 26 15,200 No par Coal 11% May 8 10% 30 'A 100 Creek Poor 15 1 10 30% (conv) (The) 30 103/8 30% com__No par Potomac 7 108 10 29% Young conv 7% Sep 10 Co 19% Mar 23 May 108 10 Ve 30% 26 Inc 18 86 y4 Jan May 13 5%% Plough 8 39 108% 9% 29% & West Virginia Co 29 8 81 Pittsburgh Pittsburgh Pittston 17% Jan 8 *108 10% 30% 95'% RR— series 1st 46% Feb 9 108% *108 20 60 10 preferred preferred 5%% 2 81% Sep 28 5% 13 62% May 11% Oct 104 523/4 73/a Jun 7 104 25 Pittsburgh Plate Glass Co Pittsburgh Screw & Bolt Pittsburgh Steel Co com Nov 13% Jan 104% 161% 13% Oct 10 *103% 161 35 9% Oct 104 104 *159% 13 16 97 *158% 19 4 *95 161% Plymouth 22 97 161 2 Jan *953/4 13% 14 18% Dec 96 *159'% 12% Jan 7 *94% *158% 34% Apr July 30 96 2 guaranteed 14 98 23 109 il 7% 14 22 24% Jan 27 23 109 Pitts Ft Wayne & Chic Ry com__100 15 Dec 28% May 28% Apr Apr 31% Jan 23 109 *243% Pittsburgh Forgings Co Sep Feb"l4 14% Jan 80 150 22% *1081/4 -No par preferred 55% Feb 24 18 25% Mar 18 9 Sep Mar 20 22 % 1081/4 5 L 1,900 15,300 30% No par Consolidation 10% Sep 23% Sep 12% 16 40% Oct Jan 18 9 20 $4.80 22% 108% 22% 100 common Chem & *93% II,300 34 1021% 109 No par com Inc St & O CO 33% 1013/4 1 100 convertible $5 Pitts 37 % Mar 15 3 28% Oct 146 86 ii% Aug 27 34 % July 68% Mar 10 18 C 22% «• 34% 101 3 common preferred C 1,700 33% Petroleum Coke 16% 33% Corp Pitts 800 16% 100% preferred Pitts 201/4 16% 34% Hosiery Pillsbury Mills Inc $4 20% 20'A common—No par Co Pitney-Bowes 46% 103% 33% Phoenix 5 100 *45% *102% 463/4 103 101 'A Jones Phillips 23 32,900 33% preferred 9% Dec 163/a 13% 33% series 88% Jun 16% 200 32 IOIV4 3%% preferred series A 100 Philip Morris & Co Ltd common__5 4% preferred 100 Phillips 20% 20 3/8 • 1 Reading Coal & Corp *1013/4 600 1313/4 100 preferred & *45% 46% 103 1313/4 12.50 com (conv) Corp $1 conv preference com 90 3 42% May 19 & Co Inc preferred Electric 20% Feb 2 98% Jan July (Chas) Phelps-Dodge 36% Nov Jan"" 2 26% Jan 200 *29% 29% Sep 28% Jun 17 2,500 303/4 31% 26 Jan 23,500 431/4 *29% 91% Jun 98 191/4 43 31% 2 25 Va Mar 17 18% *30 31% 2 25 18% 303/4 132 47 2,100 43% *30 _100 common.; 1063/„ 34% 18% 30% 131% 31 112 34% 200 36 *343/4 *105 42% 18% 43% *30 35 1311/4 41V. Dec Phila 34% 43 35% 106 % 131% 117% Jan Apr 34% 131% Ry Co Brewing 2nd *105 130% 3 4% 35% 36 106% 100 - 103% Jan I *35% 106% 34% 50 preferred Corp of America Pfeiffer *27% .10 Petroleum 19% Mar 25 100 28% 1 No par Co Co 1,400 100 Light Co Eastern Milk 3% 7 Peoples Gas Light & Coke & 3% 28% 72% 10 Corp com___ preferred Power 28% *28 No par Glass Sand 38% Aug 21 29 1,900 25 25 preferred 2 July 28 3% 3% I,000 44% Jan 42% Jan 2,000 29i/4 28% Nov 18 30 800 4% 291/4 Pepsi-Cola 29 73% 4% 29 3/a 15% May 21 May *7% 4% 29% 15 S3 73/a 43/4 29% 10% Jan SOYa Oct 7% 43/4 29% 30 185% Sep 7% 4% 29% 11% Dec 21 400 7% . 29% 20 16% Sep 3 *34% 4,500 27 No par Peoria 25 *24 Peninsular Telep common 47% Mar 11 19% Jan 26% 22,200 12 14 6 26% 100 7 63/4 36% Sep 30 26% 7% *11% 5% Jan 27% 6% 67/a *36% Penn 21% Mar 6% 12 28 19 26% 6% 363/4 18 18% Dec 6% 98 11% 3 105 5,000 71% *97 36% 35% Mar 18 8 2,100 98 3 Va 107% Feb 15 44 72'A 73 36% 40% Feb Sep X42 V2 72 *97 11% 6 17% Sep 44% 97 3 % 15 22 *42% 73% 11% Sep 105% Apr 23% Jan 44% 72% 97 72 98 36% 127 2 *42% 71 12% 5 22 43% 43% 100 32,900 38% Aug Jan 9,900 . 26% Pennsylvania RR Pennsylvania Salt Mfg. Co_ Peoples Drug Stores Inc 18% Oct 9 *36% 32% May 27 148% Mar 16 101 41/4 83/4 32% preferred 2 15 4% 8% 25 common prior 10 8% Feb 4% 83/4 No par & Jun Feb 8% 4 8% No par 30% Jun 21 *8% 4 Va 8% 2.50 101 145 8% 4 8% 31% Co 11 14 8% 4'/a *97 1 Enterprises Co 83/4 4 1 Corp Co 11 Nov 30 440 No par Distillers 33% Dec X124 137% 8% 1 1 108% Feb 0 *137% *8% 5 5 137% 8% 4 02 % Jan 1373/4 *8% Jan 23% Jan 137% 10 __No par 26% Feb 15 137% 12,500 Penn-Dixie Cement Corp i-i 2,500 137% *137 32V4 Transportation. conv 23 11 24% 1143/4 3P/4 Penna Sep 2,500 243/4 1143/s Ford 5% Oct 18 33% 24% 114% 321/4 39% Mar 19 28% Sep 33 24% 114% 31% 37 40% Jun 33% 25'/a 114% 32 3/8 Airways Inc Proof Coal 33 Va 33 24% 31% Corp Mines 33 114% 25 32% Car & Rust 33 114%. 31% 14 15 40 Corp common.4 Oil 10 23 , 5,100 Jun 23 1,900 67 5% 30% Sep Dec 130 28% 5Va 27 87% Jan 50% 28% 5% 5 84% Apr *49 28% 67 5% 22 24 49 28% 5% Dec 8 67 49 28 5'/a 33 27 67 50 5'/4 29% Jan 29 67 48% 5'/a 15 Oct 67 28 DAY 1 28 48 240 37% 66% Corp 23% Jan 17% Feb 37% 38 % 25 29% Dec 30 700 8 100 26% Oct 106 38 83 7% 38 Va .25 23 15 37 *82 7% 66 preferred 14% Apr Sep 37 14% 83 65% preferred 10 7% 28 % $1.30 6 *82 8 65% $1.32 77% Nov ELECTION 143/4 14% 83 38'/a $1 Aug 10 *36 66% 32% Pictures Davis Parker *77/a ,*—25 __100 Tilford & 14% *82 No par Oil Paramount CLOSED No par Penick 65% Mar 19 7 28 Va 27 2 27 % Aug 11 48 28 21% Aug 10 27% Aug 11 28% Aug 10 9 48 10 37% Aug 19 29 Va Aug 13 5 20% Nov 72% Dec *65 No par & Teleg com World Parmelee 8% Nov 24 30 No par Consolidated Panhandle 30% Jun 88% Oct 37 100 16 27 *36 & Transp 5 Pipe L com__No par IS Jan __10 STOCK EXCHANGE 8 East Feb 3 8 preferred 4% 68 8 5 common Panhandle 2 43% Jan 81% May 5,100 Inc Pan-American Petrol 98% Mar 28 38 15% 88% Mar 25 30 30% Mar 13 14% 83 52% May 25 Oct 29 14% 2 41% Oct 11 % July 16 14% 81% 1 May 13 50 No par com Corp__ Motor Amer 400 4,300 preferred 6% Jan 11% Feb Mar 83 preferred—___100 Western 15 33 *82 issued"' Tin 14 64% Oct 82 preferred Sep 91 81 75% Inc conv Pacific Telep 8% Sep 2 84 75 Mills Jan 12 *82 12.50 preferred noncum preferred noncum 6% Jan Jan 84 75% 20 30 ' 20 110% Sep 129% Jun 6% Dec 40% 75 33% Oct 67 12 *40 75 Lighting 40 30 40 74% Pacific 10 22 7 40 75 14 34% Jun 55% Jun 9% Nov 40 Co Oct 8 11 182 *39% *82 74% Glass Mar 17 39% Dec 68% Dec 2 3,600 39% Corp Pacific Gas & Electric 12 5 5,200 39% 2.50 Finance 17 23% Oct 123/4 42% 1,900 Pacific Apr 32% Nov 12% 42% 45% Co 32% Jun July" 14 12% 42% 45% Coast 2nd 12% 42% 45% Pacific 2 12% 42'% 45% 3 87% Mar 12% 42Va 45 48 73% Mar 26 Shares 12% 42% 44% Fisheries 1st the Week 45 Arner Mar Nov. 6 44% Paciric 80% Fab 120% Nov 26 cum Friday Nov. 5 41% Fiberglas Corp-—5 Products 4% Thursday Nov. 4 12% No par Owens-Illinois Pabco Sales for Wednesday Nov. 3 5 Mfg 5 15 24 20 Mar 10 88 16 23 & 13% Jan 80 35% Mar 12 Oct 24% Oct Marine 6 25% Jun 108% Apr Outboard SALE PRICES Tuesday Nov. 2 No par common Outlet Co 16 46 (The) Corp HIGH Monday Par Elevator 0 23 65% Jun Otis jan 28 7% Oct 30 12% Dec 21 Omnibus 47% Jan 18 80 42% Oct 8« 16 18% Oct 2 Aug 3 45% Mar 25 18 81% Dec 26% Jan 4 37% Aug 31 STOCK YORK EXCHANGE Highest 8% Apr SB NEW Bange Since Jan. 1 Lowest Highest Continued—Page 9 LOW AND *22V2 39 47 47 108 109 28% 145 /• 23 28 144% 39% 3,900 47% 12,700 400 109 5,500 28 V4 40 144'A 23 200 23 37,000 23% 23 23% 76% 75% 75'/4 2% 2% 2% 2% 31/4 24,800 3% 3% 3% 3V2 3% 12,000 96 •95 96 ►95 96 *95 39 39 *38% 39% *38V2 39 % 2,100 96 39 , 300 . 25 The Commercial and Financial Chronicle,.. Monday, 26 November 9, 1953 (1790) Continued—Page 10 NEW YORK STOCK RECORD 24 % May 1 33% Dec 24 9% Sep 15 Dec 19 22 Sep 14 35% Jan 36% Sep 12% Dec 4 31 July 20 34% Jan 15 30 8 Sep 15 14% Mar 18 8 5 4 34 % Dec 9 33% Jan Feb 20 41% Dec 9 36% May 12 41% Feb 30% Jan 15 35 Ya Dec 19 32 % Sep 36 liy« Feb 11 13 Ya Jan 8 12 % Jan 6 29% Nov 1 16 % Oct 6 22 Ya Mar 23 25 Ya Feb 36 18% Jan 4 13% Oct 30 22 26% Oct 22 July 12 26 17% Jun 14 Sep 15 6 Ma* 6 18 15% Jan 5% Dec 7 8% Oct 28 58 17% Oct 16 19 3 13% Jan 19 3Y* Nov 62% Jun 16 . 21 84 Sep 14 18 Aug 14 19% Jan 12 11 2% Sep 17 10% Mar 29 9% Sep 14 2 98% Dec 22 6 37% Oct 13% Sep 16 24 % Nov 19 21% Jan Nov 5% Jan 24 115 28% Jun 16 35 5 40% Sep 14 52% Mar 17 10 115% Mar 17 Dec 12 31 % Apr 7 42% Oct 30 2 5% Feb 13 6% Apr 22 Jan 16 67 % Jan 30 42% Sep 14 21 10% Jan 2 4% Sep 21 22 40% Jan 8 5 Jan 3 85 101% Jan 24 2 14 Nov 83% Feb 27 3 108% Jun 23 40% Jan 4% May 18 11% Jun 6% Jan July 29 2 Mar 18 3 Oct 32 Ye Jan 27 43 Ya Dec 47 28 53% Jan 27 25 Dec 30 80 %Jun 5 Oct - 92% Apr 107 12 22% Sep 14 9 Jan 33 5 99% Jun 43% Sep 14 Oct 9 74% July 22 56 9% Mar 20 49 Aug 10 6% Apr 23 8% Oct 14 27% Mar 35% Dec 17 48% Jan 23 27% Oct 21 2 19% Dec 4 16% Sep 15 21% Mar 22% Oct 7 35% Jun 19% Oct 16% May 33% Jan 16 40 ' Nov 25 23 40% Oct 29 6 21% Nov 5 1 155 Jan 22 115 Apr 24 141 Oct 3 103 Apr Jun 2 100 18% Feb 23 15 92 29 6% Sep 24 19% Oct 29 24% Jan 3 15% Oct 65% July 15 17% July 18 50% Sep 12% NOV 4 Jan 2 10% Apr 17 •4 6 22% Jan 30 61% Apr "21 37% 33% *33 34 26 28% 29 100 29% 2,300 *17'% 17% 300 ELECTION 5 27% 9% *56 % *4% 13% 13% 800 4% 4% DAY *27 4% *4% 5 *27 28 *27 28 *9% 58 10 9% 57 57% 9% 400 58% 210 14% 57% 14% 100 28 1434 11,600 9% 9% 57 9% 14% *57 14% 14% 95% 95% 96 22% 22% 22% 22% 213/4 22% 8,700 Republic Aviation Corp Republic Pictures common $1 convertible preferred 1 25% 25% 25% 26 26 26% 26% 263/8 16,400 —50c 10 2% 2% 2% 2% 2% *10% 10% 10% 10% *10% 10 Ya 10% 10% 47% 473/8 48 14% *93% 47% 112% 112% 112% 112% 113% 113% 41% 40% 41% x39% 40% 401/4 40 3/3 6% 6 Ya 6% 6% 6»/4 6'/a 6% 48% 47% 48% 6 48% Oil *103% 26% 4.50% 300 10,500 58% *56 58% *89 104% 104 26% 25% 56% 150 89% 89% *891/8 90 200 104% 105 230 26'/a *56 89% 104 26% 105 ?*3/4 52 2.400 2634 4,100 52% 51% 51% 523/4 *23% 24% *23% 24% *23% 24% 8% 8% 8% 8% 8% 8% 8% 4,300 3,500 - 15% 00 15% 14% 15% 14% 15% 15% 15% 31% 20 preferred series A 51% 24% 8% common 52% 51 No par Inc 5'/a *23% No par Corp Mills 56% 56% 89% 2,700 49% 453/4 46 45% , 5% 5 Ya 5% 5% 46% 56% Antelope Copper Mines Robbins *5 46 45 26% 5% 46% *89 49 49% 48% 500 9,100 5,200 , 104% 5% 46% 1 Manufacturing Co 500 21,800 41% 100 4,500 3% 47% 100 series 3 2% 112% 10 4.50% 200 ' 46% Brass No par Iuc———2.50 Reynolds Metals Co com No par Reynolds Spring Co 1 Reynolds (RJ) Tob class B 10 Preferred 95%, *94 47% Revere Copper & Rheem 96 46% Rexall Drug series. 14% *111% Republic Steel Corp com_; No par 6% conv prior pfd series A—100 31% 31% 31% 31% 31% 32% 33 18% 18% 18% 1,600 2,400 2,200 com—1 17% 17% 17% 18% 18 Ya 23% 23% 23% 23% 23% 233/4 233/4 23% 40% 40% 40% *40% 40% 40 40% 600 21% 21% 6,800 *139% 145% 7 Controls Robertshaw-Fulton conv Rockwell 29 13 30 37% *33 25% *93% Rohm 26 Jan 10% Jan *37% 33% 25% 33% 22% 5%% 14 Nov May 1,700 28 preferred25 Rochester Gas & El Corp—No par 3 25% Aug 9% Dec 110 *99 37% *33 27 %. 22% 44% Mar 10 3 27% 10,200 1 Roan 28 "21 50c 25 common $4.50 preferred Motors Inc Ritter Company 13% Sep 25% 5 100 series pfd 3%% Richfield 5 2 9% 27% *37 37% 33% 9% 27% 14 5 7% Sep "21 9% 27 Ya 10 27% 13% 9 29% Jan 17,900 9% 27% 13% Jan 5% May 13 18% Dec 16 700 9'/2 *13% 26% Jan 10 32% 9% CLOSED Remington-Rand 5 27% Dec *32% 9% 13% Preferred 3.60% 5 23% Mar 32% Reo 5 29% Mar 18 32% *4% Common 65 32% 613% 58% July 21 Jan 32% —50c Inc 90% Jan 107 32% & Co— " 31 6% Oct 48 2 27% prior preference——10 Stores Corp ___No par Conv 23 Jan Jan 47% Dec 108% Jun 19% Feb 97 23% May 25 26% 32% div 1 29 21 Ya 17% Reliance Mlg Co common 16 27 17% Reliable 9% Sep 27% 17% 19 54% Apr 26% *17% Bros Shares 26% EXCHANGE 26 3 Nov. 6 17% 31% Feb 26 Jan 24% 10 9% Jun 7 Nov. 5 25% (Robt) $1.25 the Week Friday Thursday n7 Co 23 Sep 14% Jan 10% July 23 18% Jan 25 30% July 24 62% Sep 90% Feb 4% Oct 7 7% Jan 10 Jan Sales for PRICES —5 No par Mills___ Bit Roller Reeves 7% Mar 20 SALE Nov. 4 STOCK Real Silk Hosiery Reed HIGH Wednesday 26% 1 $2 preferred 25 Raytheon Mfg Cc 5 Reading Co common 50 \% noncum 1st preferred—50 4% noncum 2nd preferred 50 Reis 25 Nov. 2 Par Rayonler Inc common 5 AND Tuesday Nov. 3 Monday . EXCHANGE Highest Lowest Highest 37 STOCK YORK NEW • Range Since Jan. 1 Year 1952 Lowest LOW STOCKS Range for Previous Spring Axle Co llaas & & Royal *137 100 *98 7% 7% 21% 21% 21% 143% *139% 145 7% ■ *98 99 *98 100 7 7% 7% 99 — - —' 7% 1,900 1 16% 16% 16% 16% 16% 16 Ya 16 16% 1,800 No par 54% 54% 54 54% 55 55% 55% 57 1,300 5 Typewriter Co (The) 12% 12% 12% 13 13 13 12% 13 1,500 37% 38 21 Ya 38 38 8,100 92 92% 92 92 (Jacob) Ruppert 141 7% 1 21% 21% *98 100 Works Inc Ruberoid 17% Mar 23 21 *136% 20 common preferred series A 4% Ronson Art Metal 40% __5 Co s 35% Nov 29% Feb 29 Oct 9 99% Sep 10 84 32% Jan 23 38% Aug 11 81 Jun 12 93 103 Feb 26 30% Oct 7 28 21 107%: Nov 26 99 % Feb Feb ' 6 35% Oct 23 54 22% Apr 17 31% Dec *60% Feb 27 75 205 Feb 8 312 150 Oct 7 175 16% Jan Nov 43% Jan 29 19 23% Sep 14 61 Dec 3 211 Sep 14 15 312 Jan 5 Dec 5 150 May 26 160 Sep 14 24% Feb 6 17% Sep 15 4 97 May 29 91% Sep 9 11 Mar 24 Dec Nov 17 18% Jan 2 Sep 14 11% Sep 21 23% Oct 29 33 % Jan 2 20 Sep 15 11 Sep 15 54 Jan 16 49% May 94 21 10 Dec 59 1 30 87% Oct 31 85% Jun 21 Apr 23 105% Jun 30 29% Oct 30 35% Jan 30 102% Oct 98 1 18 Jun 30 Jun 19 15% Jun 10 16% Oct 76% Jan 4 86 19% Jan 12 Feb Feb 3 29 29 15 79% Jan 36% Sep 14 45% July 31 21% Sep 1 15 25 103 99% Aug 24 75 Oct 103% Apr 15 12% Feb 13 16% Sep 80% Feb 29 62% Dec 15 23% Dec 14% Jan 29 7% Feb 13% Dec 13 25 29 20 82% Nov 26 43 Dec 5 Oct 16 42% Jan 30 *8% Feb 28 10 % Sep 23% July 31 29% Jan 8 29 68 Mar 13 31% Feb 33 65% Feb 27 Mar 87 15 . Sep 27 80 35% Sep 18 42 Sep 15 3 Shell 0 Sheller 13% Sep 15 11% Sep 15 49 Jan .18 28% Sep 15 36% Sep 21 38% Oct 6 48 ' July 16 30% Sep 33% Oct 32% Mar 3 38% July 24 23% Sep 11% Oct 124% May 4% Feb 42 Aug 5 Skelly Oil 37 Jan 8 Smith (A 11 21 58% Mar 15 70% Feb 16% July 15 17% Feb 21% Mar 7% Feb 12% Dec 10 11% Jan 2 15 52 Dec 23 47 7 53 69 Jan 14 39% Sep 21 53% Feb 42% Jan 16 33% July 40 6 Apr 2 Mar 26 May Jan 1 5 13 40% 35'/a 8% 25 74% 153/a 15% 12 Ya 12 12% 12 Ya 12% 12% 12% 29% 30% 30 30% 30 30% 38% *38% 39% 38% 38% 38% 39 3 3 3/4 34% 33% 34% 33% 34% 18,000 36% 5,300 15% 38% 35% 35% 35% 36% 36% 36% 21 Ya 27 7 s 21 Ya 28 21 ya 27% 8% 9Ya 9 9% 80% Oct 15% May 25 2 Solvay American Corp 4% South Amer Gold South Carolina 5% E & preferred G 15% 16% Co 1 com_4.50 50 ,. South Porto Rico Sugar com_No par 8% preferred South 25 ■ *124 15% 133 Ya 5 15% 33% - *122 5 5 343/8 15% 133% 5 Southern 5% - Mobile 14 14% *50 51% *50 41 *40% 103 17% July 18 May 16 7 26% Jan 31% May l 7% Nov 16 45% Dec 83% Nov 18 73 Jun 13 25% Feb 26 34% Dec 8 22% Jan 2 28% Dec 80% Jan 2 92% Apr 3 12% Jan 2 18% Oct 28 3 footnotes 10% Jan 12 3 11 18% Nov 26 see naee 28. 58% Oct 30 19 59% May 14 98 % Feb 2 12v2 Sep 14 101 Apr 16 35 35 35 37 37 Oct 19 19% Jan 5 25% 25 Ya 25% 25% 25% 28 28 28 28% 28 28 % 5,500 No par 39% 38% 38% 38% 39% 39% 39% 19,200 41% 41% 40% ■41% 41% 42% 14,500 37% 37% 37% 37% 38% 38% 1,100 (Del). sl.lc 35% Sep 14 5% Sep 14 9% Mar 19 Sep 22 67% Mar 23 53 21% Aug 31 25 Sep 15 49 % Mar 20 31% Jan 6 29% Mar 18 80% May 5 12% Sep 15 91 10% Sep 20% Mar 18 15 Feb 11 17% Jan fl preferred 4.60% tr 50 . ctfs__ 5% *5% No par *101 6 58 common preferred 50 preferred 100 1 (The) Brands 1 Inc Gas & 101 xl2% 44 *78% 12% 80 12% 38 ya 41% 38 ya 80 12% 12% *78% 12% 80 12% 1,000 400 53/8 *5% 5% *5% 5% 5V4 5% 5% ' *5% 5% *5% 5% *5% 5% 106 *101 106 106 *101 58% x57% 57% 56% 57 '58% *57% 58% 58 % 58% 101 12% 445/s *99% 12% 44% *103 56% 58% *100 106 58% 59 101 2,500 210 80 *99% 101% 12% 12% 12% 12% 13% 4.100 45% 45% 45% 45% 45% 10,900 3,600 102 5% 5% 57 57 57 57% 57 57% 57 % 57% 600 par 5 25 25 5/8 25% 26 26 26% 26% 26 % 3,600 27% 21 27% 26% 27% 6,500 *88% 88% 2 53/4 5% 5% 5% 5% ya No par 26% 26% 26% 89 89 88% 88% *88% xl3% 14 13% 13% 13 % Co Inc Electric 58% 80 ,12% 40% *78% No par 1 com $3.50 preferred Standard Coil Products Standard 12% No par Spiegel Inc common Conv $4.50 pfd (stamped)_No Square D Co Standard *78% 1 — 2nd 100 1 Spencer Kellogg & Sons Sperry Corp 600 25% 28 common. conv 1,900 25 % Spencer Chemical Co 4.50% 7,700 29,500 34% 27% 100 18 27% 35 38% 21 Feb 35% 26% 35 24% Feb 44 2,400 40% 37% 40 5/8 7.50 Co Spear & 52% Jan 51% 40% 415% 15% 7% Mar 25 2 *50 *34% 41% 41% 14% 7% Mar 17 19 15,400 15 15 Dec 14% 14% 15 57% Jan 14 Ya 15 4% Sep 49 5,100 14% 4"% Sep 103% July 700 5% 14% 17 16 3,100 5% 36% 29 $5.50 14% 51% 16% 134 143/4 9% Jan Co - 16% 36% preferred Ohio 14% 14% 333/4 134 Elec__No par & Gas Co Railway & 5 5 51% 13% *50 16% 133 ya 25 Edison 6% Jan 23 110 common—No par Gas Natural non-cum 16% 36s/8 (The) Pacific 34% 34 130 5 California Indiana - 34% 15% pfd—100 Platinum & 15% x33% 1 4 Feb 8% 4,500 22,200 5 15 Co 28 38% Apr 1,600 9 34% Aircraft Solar Oct 105 28 140 Aug 2 36% *27% 1,800 B Oct „ 700 15% 6 103 1,300 143/4 Inc Spalding (A G) & Bros Inc Sparks Wellington Co 9 9% 9 1,100 ! 15% 40 28 2,700 15% 21 Oct 15% 15 3/4 Southern Mar 30 15% 153/s 700 49% May 20 12 16 200 17% 49% Mar 18 73 100 7534 47 11 17 800 8% 24% 74% 40 15 29 74 24% 8% 173/4 Sep Jan 35% 834 25 75% 8% *24% 17% 36% Sep Dec 353/4 35% 4,900 30 Ya 15% 12% *30 ' 16 • 5,000 17% 8outh'n May 21 35 20 64 40 34 18% 10 76 For *53 Ya 40% *18 24 18 10% Jan 63% 40% 18 33% Feb 23 9 *62% 18 27% Feb Jan 99% Jan 63% 40% No par Smith-Corona 5 Jun 11% Oct 62 8,700 40 36% Sep 66 800 7% 7% *45 11 16 9% lYa 45% 38 28% Oct 9% 7% 39% Dec 23 9% 7% 45% Southern Co 22% Jun *9% 39% Southern 23 400 22% 9% 22 40 2 23 73% 73% 14,100 47% 39% Mar 16 16 8% *24% 57% 22 40 16% Feb Dec 57 Ya *213/4 22% 46 9 , *13% 13% 47 15 30- 100 40 13% Sep 47% Dec 300 14 46 33% Jun 26 90 80'% 40 19 10 21% Apr 22 2,400 80% 80% 100 16"% Nov 2 9,100 23% 1023/4 41% 23% 100 38% Nov *20 14 12% Jan Oct 27 80% 43 23% 1023/4 41% 103 34 v8 Socony Vacuum Oil Co Inc 14 23 ya 33% Smith-Douglass Co Inc 4% Sep 80% 41% 103 76% preferred 1 7 41% 50 100 17% *75 ' preferred 5 12 72% *17% 76% 57% 35 8% 25 15% (Alexander) Inc common—20 18% Jun 6% Dec • 17% *75 13% 40 35Vs *8% 105 *17% 4.20% 37% Jan 140% Mar 13 35 *103 104 104 17% 76% 56% *62 Ya 40% *243/b 100 13% 7% 62 39 Ya 86 85% 563/4 9 % lYa 62 86 85% *13% 22 9% 7% 2,200 27% 23% 10 28 28 103 40 27% 85% ' 4,700 91 103J% 27% 104 70 103% 103% 56% ' 22 9% *88% 90 90 3%% 6 18 22 68% 68% 67% *102 10 18 Jun 80% 14% Corp— 14 121 *79% 67% 90 103% No par 25 Co—— Sep 5 *102 56% 1 1 Corp 14% Sep Sep' 23% 23% 56% No par 30 143 41% 41% 102% *13% l 14 7 *17% -*75 76% *79% No par 25 21% Mar 20 *102 1 21% Jan 9 Nov 6 Smith 41 No par 40% Jan 16 28 4 25 *75 . 23% Corp O) *102% 17% Co Steel— 21 Ya *85 86 Ya 103 % 15 & *88% *101% 27% 17% 1 Pen 66% 67% 88% 104 *101% l 2 17 34 27 27% *85 5 15 8% Jan May A) Saw: Oil 66% 88% *102% 5 Co 14 45% Jan 60% Dec 38 21,100 Corp of America 29 8% Sep 14% Nov 10,400 12% No par Sheraton Sinclair 42% Oct 19% Aug 27 21% 12% No par Simmons 43% Mar 20 11 38% Oct 22% Apr 21% 12% 40 5 Simonds 2,000 22 Corp Mfg 600 11% 11% 100 20 43 % Mar 20 7 3 80% Apr 16% May Jan 66% Mar 22 20 63% Nov 20 32% Oct 16% Mar 17% Mar l2 15 Nov 17% Jan 34 23% 21% _No par (W 23 10 98 23% XI13/4 11% 100 (Frank G) Shealfer 23 *96 215/a No par Shattuck July 12% 11% Gas: 0 Dec 13 & 26% Feb 32 24 12% 21% com Sharon Sleel Corp Shamrock Oil 11% Mar 25 15' 97% *23% 12% 21% 25 $4.50 preferred Apr 14 % May 20 43% Mar 16 76% Aug *95% 233/4 11% 1 17 24 97% 9,800 21% Servel Inc common 15 62% Apr day. 233/4 12% election 20 11% Co 8% Sep 17% Dec 18 5 12% No par Co Refrigerator Oil 24% 123/4 1934 19% 19% *95% 95 24% 5 & 24% Sep 2 *38% Nov 20 95 19% 19% closed ^—1.40 Seiberling Rubber Co 14% Feb ' 19% 10 Corn Roebuck Seeger 2 7 175 preferred-No par 12 Ya Mar 12 60% Oct 32 250 *130 193/4 100 26% Mar 27 13 1,000 *225 RR Co 15 Oct 7 64% 175 Co common 11 10% Jan May 27 Sears 12,900 64 250 t (The) Finance Seagrave 3 26 % 64% *130 Seaboard Oil .Co of Del Aug 13 25 Ya 64% *225 — sink .fund $5.75 17% Mar 24 13% July 28 5 25% 64 175 preferred 60% Feb 1 17 20% Sep 8% Sep Nov 90 6 56% Apr 31 9% Oct 27 18% Jan Oct 72 3 2 10 3.35% 25% 63% No par No par Elcc Co Seaboard 25% 64 15c Seaboard Air Line Mar 11 24% 250 preferred conv preferred 4.30% 500 19 25% *130 preferred Scranton 200 64 *225 preferred 3.65% *18% stock Scovill Mfg Co common 68% Jun May 21 24% Dec $4 19% exchange Paper Co common $3.40 25 17% Jan 110 Scott 53 0 6,500 19 *18% 175 Corp 6 33 250 Industries Inc 6 19 32% 33 31% *130 Corp Schenley Nov 31% *225 series A Electric Co Arms Savage 2lYa 93 113% 100 .—5 100 1st pfd 4.40% Sangamo 114 32% 92 113 Co—100 Paper Co common Scherlng 91% Jan 105 St Regis 92% 113% 92 18% 19 100 Ry preferred noncum 6 2 98 2 70 5% Mar 23 Jan 17 12 81% Jun 13 20 6 86% Feb 3 Feb Oct 14% Jan 28 7 13 Jan 15% Mar 31% Jan 89% Apr 29 116% Jan 30 85 103 95% Apr 2 26% Oct St Louis Southwestern *113% 114 37% 38% 37% 113% 25% No par Power & 31% Co common—No-par series A 5% Preferred 2 23% Mar 25 27 Light Joseph *113% 100 10 Lead Co St L San F Ry 30 9 17% Jun 13 St Aug 26 77% Feb 10 _ St Joseph 23 Dec 30 Sep 5 common preferred 4%% conv preferred 5 33% Jan Stolen 4% 115% Aug 10 16% Jun *88 Hafewuy 6 Co.No par 11% 11% 11% 11% 11% 5% 89 30 14% 13% 14 4,300 12 11% 12 7,600 Volume 178 Number 5271...The Commercial and Financial Chronicle (1791) NEW YORK STOCK RECORD Range for Previous Lowest 3 Monday EXCHANGE 49% Sep 65% Sep 25 67 Sep 15 78% Jan 5 Standard Oil of 23 New: Jersey 477/e Jan 22 31 Sep 21 38% Jan 5 Standard Oil Ohio Jan, 10 100 V2 Sep lb 94 May 11 100% Jan 12 15"% Jan 5 10 30 15 72% 73% 10 33% 33% 5 11% Oct 30 17% May 25 4 35% Aug 12 94% Jan 14 87 8 1 22% Dec 30 10 17% Sep 16% Jun 10 16% Nov .21 18 24 % Oct 21 14 Stevens 2 Stewart-Warner 17% Feb 2 Stix 15% Mar 11 9 10% Jan 21 8% Sep 29 10% Mar 13 4 101% Jun 27 20 99 79% Jan 3 94% Jan 29 8 119 % Feb 15 18% Oct Apr 3 22% Jan 28 24% Jun 16 22 % Dec 18 26 % Apr 69% Sep 110 6 24% 18 July 15 7 35% Jan 5 Feb 2 82% Jan 117 5 Jan Sep 14 21% Mar 25 23% Sep 19% Sep 3 Sun 6 30 16 24% Jan 23% Mar 26 A 34,100 1 33% 33% 33% 33% 34 343/8 6,900 98% *96 981/4 *96 98% . 14,100 " 10% 103/a *44% 103/s 103/a Inc_— _No par 1 10% 12% 12 % common 5 33% 34 92% 92% 100 15 T *44% 46 45 > *44i/4 12% 12% 12 f 12% 123/a 123/8 700 333/4 34% 34 34% 341/8 34% 5,000 EXCHANGE 26% 26% CLOSED 20% *92 % ELECTION 93 45 263/8 < ,20% 203/8 . 14% 14% 93 26% *02% 93 • < 27 u 5 14 14% 11% 1 11% DAY 11% 20% , . 263/8 267/B J 20% 20% 1,100 14 % 14% 1,000 113/s U3A ' i , 12,600 203/s 14% 11% 2,400 143/B i 11% i . ll3/a 18 % 18 % 22% 20% 21% 24% 213/4 24% 21.% 21% 24% 1 243/8 31% 243/Q 32% 24% 243/4 13,400 32 32% 32 32% 32% 32% 2,900 8% 8% 8% * 1 9,400 24% 3,000 No par 1 8% 18% 8% 8% 18% 18% 18% 21% , 8% ' . 8% 18 18 *94 95 *94 .95 *94 95 No par 78 78 78 78 78 78 ' 76 115 115 ' *114% 100 *114% 1 xl5% 16% 25 23% 23% *23% 24 x21% 21% *21 213/4 1950—20 116 *114% 16 116 16 3/8 16% i * 20 115 161/4 30,100 16% *233A 24 *21iA 213/4 ' 100 ^ 200 . • 63 May 1 8% Oct 490 19 70% Dec 17 Oct 18 570 Apr 66 15 520 May 12 Sep 6% Oct 14 27% Jan 30 22% Apr 11 11% Jan 16 Oct 26 13% Sep 14 15 27 Sunshine Biscuits Inc 10% Jun 39 Sunshine Mining Co__ Superior Oil of California Superior Steel Corp. Aug 7 22% Jan 20 24 26 % Aug 26 25 Jan 14 32 Nov 6 102% Jan 2 112 % Nov 24 100 Jun 18 113 Nov 6 10% Jan 24 14% Dec 15 12% Jan 13 30% Oct 30 81% Jan 102 22 2 32 % May 35 % Jan '41% Dec 4 14 May 115 23 Dec 7% Jan 2 29% Sep 21 40 Jan Sep 30 86 16 Sutherland 4.40% 4% Sep 5 111% Jan Swift 25 Co & Co $4 $4.40 5 293/4 *108 16 38% 693A 7 70 7 163A 605 16% pfd (conv) Gould Corp 30 3/a «' ' 110 31 'aio 1 32 2,500 113 113 16% 16% 110 16% 38 34 39% 38% 39% 36% 353/8 36 35% 84 % 84% 84% 84% 1023/4 1033/4 1043A *104% 4% 43A 4% I r< 6,400 ! X32 323/4 14,900 84% 104% w 16% 39% 1,300 39 36 84% 43A i 1 1,000 313/4 * 16% 35% x43/4 •'! 600 163/8 ' 30 % 110 7.50 1 5,700 605 16% 16% 39% 1,600 7% 71/8 605 16% I 70% 70% 7 605 .No par cum Symington 30 69% 600 .No par com_ L — *16% 110 15% 25 7 590 16% 293/4 *108 69 7% 575 16% 100 _ —i.—j— preferred 575 50 common 69 6%. 25 (The). -4.16% Sylvania Elec Prod Inc 5 7% Feb 15 Paper 69 10c preferred Sweets Co of America May 22 97% Jun 4 21 78 89 % Aug 25 1 5% Oct 35% Jan 17% May fl 39% Mar 18 12.50 '' 105 47/8 84 84 104% 104% 1,200 47/8 4% 1,600 • 13'/a Jan 13 15% Nov 9% Dec 16 46% Dec Jan 5 8% Jan 14 28 4% Mar 11 23 3 Tennessee 18 58 5 Texas 60% Jan 29 49% Sep 27% Oct 16 37 Dec 31 34 15 16 116% July 14 (James) 9 Telautograph Corp 47% Mar 16 32% Oct Talcott Inc 16% Aug 13 14 50% Oct 100% Apr 15% Mar 25 20 Sep 33 Jan 84% Sep 2 21 Jan 54% Apr 110% Jan 5 1 Producing Co Texas Gulf Sulphur Oct 86 16 195 % Mar 28 5% Oct 15 Texas Instruments 42% Feb 24 Texas Pacific Coal & Pacific Land 101 Oct 6 165 Jan Sep 15 138 Mar 23 Sub share Jan 8 32% Jan 24 46% Nov 19 37% Jan 10 47% Mar 19 Texas 10% Nov 17 18% Jan 2 7% Sep 15 12% Mar Textron 15% Nov 14 18% Feb 7 135 Dec 30 12% Oct <31 15% Feb 43% Feb 14 Sep 21 11% Aug 31 14 29 10% Oct 10 14% Jan 17 % Jan 36 7 35 % Dec 103 42 Jun 11 8% Oct 22 15 8 Nov 26 12% Feb 1 7 Sep 11 41 Nov 25 48 Feb 15 40 Jun 4 9 6 20 14% Mar 10 Mar 26 1% Jan 15 8 9% Oct 15 14% Mar 12 16 41% Sep 15 61% Mar 26 9 98% July 3 88% Jan 1 Jun 17 4 July 28 1% Oct 22% Jun 25 31 July 28 17% Nov 2 Oct 22 24% July 39% Oct 23 49 *10% Jan 3 18 *21% Jan : 26 4 3 % Aug 3 97% Jan 3 % Jan 28 19% Oct 14 27 % Mar 25 2 35% Sep 14 46% Jan 15 11% Jun 10 13% Mar 25 27% Mar 12 9 16% Oct 23 23% Jan 28 7 13% Jan 8 17% Dec 9 Jan 10 15% Jan 23% Sep May 14 12% Sep 17% Oct 13% Sep 106% Jun 3 18 14 7 15 5 29% Mar 19 20% Feb 25 25 Feb 2 17% Jan 27 112% Dec 15 3 21% Feb 15 15% Sep 15 40% May: 19 44% Feb 15 42% Jun 19 47 % Feb 16% Aug 25 21% Dec 4 16% Sep 24% Jan 30 47% Aug 25 60% Dec 10 69 % Jan 14% Dec 16 8% July 15 12% Dec 9 11% Jan 15 35% Sep 25 5% Sep 15 10% Sep Jan 31 38 Dec U 7% Dec 22 12% Jan 7 29 - 2 87 3/a 87% 88% 89 90 5% 53/8 53/8 5% 34% .35 % 34% 35 Trans 112% Aug 7 20% Jan 30 19% Mar 25 World & Jun 8 5% 9% Mar 20 'twill conv Apr 30 July 31 82% Jun 15 78% Jun 3 87% Jan Jan 15 35% Oct Jun 18 100 % Nov 37% Jun 10 13 5 Union 6 Apr 21 104 45% July 9 90 110 Jan 97 Jan 26% 26% 13% 153/4 15% 153/4 111% 15% 110% 110% 4 50 % Nov 25 Sep 44% Jun 15 45% Jan; 17 50 % Jan 37% May 1 42% Aug 12 39 23 46% Mar 26 100- Jan May 121 % Mar 31 2 38 % Dec 31 101% Jan. 1 3 Jan 30 24% May 1 33% Jan 2 1 104% Dec 28 91% May 30% Jan 8 xl3 Nov 16 137 % July 25 21 101% Jan 107 107 18 17% Feb 17 Sep 11 70% Mar 19 33% Feb 11 57% Oct 17 26% Nov 12 6 4% Apr Feb 7 69% July 4% Jan 2 5% Nov 19 3% Feb 50 25 9 5% Mar 21 10% Feb 11 100 Sep 31% Apr 102% Jun 24 43% Nov 6 3 106% Jan 15 61% Jan 5 23 22 31% Feb 11 Jan 2 23 5% Feb 24 *61/4 *12 12% 43 69% 23 *104'A *89 84% *99 12 12 33% - 32% 333/8 8% 8% 8 3/8 43 43% .70% x69 23 22% 106 105% 23 22% 23 105 106 90 *88 90 85 84 85 100 100 100 *88" 85% *100 42% 43% 42% 43% 105% 106 % 5 42% 42% 42 423% 100 103% 103% 10 23% 24 1952-100 91 % 92% Biscuit <of America—_No par 36% 36% series of & No par —j. Carton Corp 10 *104 14% 106 14'A United Carbon Co No par 55% No par 29 29 103% United Cig-Whelan Stores com—30c . 104 42% 106 47% x40 42% *103 23% 23% 23% 91% 91% 36% 36% 105 *105 91 *88 86 *85 86 *104 *14 54% *29% 106 *103 105% 110 180 100% 100% 100% 150 43% 43% 43% 16,000 107 107% 1073/4 2,800 48 473A 473A 40% 40 40% 1,200 433/8 43% 433A 10,500 104% 500 23% 9,300 91% 1,100 36% 600 104 233A 104 23% *91 363/4 107 *14% 14% 55 55% 55% 29% 29 29% 14% 1,700 89 90% 36% ■ 55% United-Carr Fastener 18 22% 47% United Board 24 2,600 17,100 22% 42 $4.50 preferred 29 44% 70% 47% Preferred 4%% United Feb 44% 70 42 common 83/8 1,600 703/4 41% preferred 800 6,800 433A 47% Inc 12% 32% 8% 43% 105% Lines 12 31 % 8 3/a 70'A 47% Air 12 43% 41% convertible 200 70%' 105% Aircraft Corp common 420 32% 32 50 common 61/2 8% *11% 25 Co— 39 36% *105 1,300 107 500 14% 14% 56 57 3,100 29 600 *28 % 4 4 4 4 4 4 4 4 *81 82 *81 82 80 81 *80 81 5 5 5 5 5 8% 8% 8% 8% 8% *57'A 5,100 13% 14% 14 14% 7,600 12 12% 12 12% 3,300 28 58% Jan 14 United Fruit 23% July 22 30% Jun 17 37% Feb 14 1% Sep 21 ' Nov Sep 10 30 2'A 14 65 95% Sep 101 Sep 15 14 13 120 175 22 Aug 27 103% Oct 179 May 159 Jun 9 27% Dec 2 17 Oct 19 66 8 57% Oct 23 30 Sep Mar 27 10 13% Mar Sep 119 3 Cos Co No par 61 250 46% 47% 47% 48% 47% 48 3/a 19,100 27% 27 27% 27% 27% 34% 34% 34% 34% 34% 34% 19,400 3,300 12 12% 12 S & $4.50 U & Inc 1 (The)_l S common Machinery preferred 1% 54 14,000 1% 1% 1% 1% 5,200 53% 54% 54 55% 54'A 55% 6,400 96 % 97% 96% 963A 24% 24% 24% 24% 243A 109% 110% 109% 110% 110 % 54 96 96 24% 24'A 20 100 com 12% 1% 1% No par No par preferred Hoffman 4%% 46 No par S 7% U Mfrs 1st preferred Freight Co U S Gypsum Co Marl6 9 59 26% Mar 26 23 59 463A Foreign Securities Feb 3,400 27 Park City Mines Co 35% Jan 9% 34% Merch 20 8 3/8 34% United Jan 8% 26% United 5 23,400 10 —_ U ' 59 5% Gas Improvement Co—-13% May 12 5 *57 120 5% 5 United Jan 31% Jan 68 Coal United Gas Corp "* *38% 61/4 *57% 44 page 28 38% 6% 14% 11% Sep see 38% 6% 12% 46 For footnotes 383/4 *6 % 59% 30 9 38% 6% 13% 1 Sep 38% 6% 12 2 9 *38% 12% 15% Jan 8 2,300 13% 73" Jan 12% 13% 6 Jan 123/4 xl2% 19 Mar 19 13 5 34% Sep 16 12% Engineering & Foundry——5 64% Jan 61 13 United 29% Aug 167 13 United Electric 12 . 13 3,100 8 2 May 2 101% Feb 20 22,600 2 30 19 10 173/a 72% Mar 13 49 7 102% Aug 7 31% Dec 31 183/4 52% 16% 16% Feb 53% Oct 11 18% *51% 17 17% Jan 30% July 26 96% Jan 18% 52 16% 4 24% Jan Apr 18% 52 2 8 15 18 9 • 18 *50 50 Car 350 1,200 15 Feb 21% Jan 24 No par California- 45 171/8 8% No par 17 *42% 513/4 51% 33% series— *16% 16% ■„No par 20 110% 16% 443A 13 par No par 111% 16 3/4 17% Co—5 Carbon 2,400 14,900 16% 1 l 17% 5,300 19 Jan 74 22 54% Jan 5% 5% Jan 4% Feb *50 18 111 5,500 10% Sep 21 12% Oct 16% Mar 20 86 18 15% 13% 9,000 4,400 . $3.50 convertible preferred 100 United Corp (Del) 1 United Dye & Chemical Corp com_l 7% preferred 100 22 May 4 48% Sep 25% Sep 3% Apr 4% Jun 45 No par Tank United 21 Jan 16% *43% 1 Pacific RR Co United 30 37% Feb 16 15% Dec Oct 104% Jan 13% Jun 14% Oct 47 32 % Mar 25 107 *16% 1 *18 21i/4 *42% 16% 45 _50 $4 ,series of 110% *16% *42% —_50 1952 noncumqlaUye preferred Union 29 21% Sep 15 88 Sep 15 33% Sep 21 100 July 21 67 4% Oil 110 15% 1 common— Rubber 15% 18% 50 common (conv) Cp___ $3.50 *18 15% j„_No par .; & 19% 1 common-. Corp Preferred 44% Aug 115% Jan 300 *17% prior preferred Preferred 3,800 19% Corp Asbestos Union 16 94 5 1% 193/4 13% Elec Co of Mo common—, 10 Preferred $4.50 series No par Preferred $3,70 series No par 98 *1% *18% 26 3/8 14 Bag & Paper Corp 91% Jun 50 13/4 18% 13% 26% 14 *18 2 Union 111 94% 26% Carbide ,& 2 *93% 13% Union 9 1% 18 100 3,700 261/4 Union 25 1% 173/4 93A 48% 13% 24 % Mar Jan 1% 17% 94% 48 26 26 5 No par g Inc Steel 49% Mar 20 83% Jan 1% 20 *93 % 48% 39% 72% Feb May 93% 48 12% 16 93 93 200 2 • *9% 12 16 104 48 n% j 93/4 21 15 4 473/4 403/4 403/4 2 5 100 — 10 38% 38% Sep 61% Jun 19% Jun Jun *9% — 2,400 21% Udyllle Corp (The) 98 1% 93/4 — 7% 12% 2 2 21/4 *9% DAY 9 7V2 403A *2 ELECTION 95 *8% 7% 38% 8 2 7% *40% 21 15 15 71/2 403A 12 14% Feb 30 *8% 7% 37% 13% Jan Jan 200 9 121/8 55% Jan Union 400 36 J/2 21 J/4 series of Underwood *93 600 13 363/8 38'A Airlines Coach 9% 48 1% Century Fox Film new Twin City Rap, Transit corn—No 45 9% 143/a 13 *40iA CLOSED 2% *2 47% *18% 20tli 8 EXCHANGE 41 9% 14% 13% 36 3A 12 Tung-Sol Electric Co Jun 7% 7% *40 *8% 143/a 13% 37% preferred 15 STOCK 14% 12,300 *36% 13ya X20% Preferred series A 5% 9'A 143/a 37 12% Truax-Traer Coal Co Conv *8% 13% *36% 21% Williams Tri-Continental $6 37 38 Transamerlca Corp Transue 14% 13% *36% 12 5 50 *13% 300 4,900 8 73A 21% 6 24 % Dec 8 7% 45J/8 38 14 72% Dec 7% 7% . 5 Nov 26 45 45 —10 8% Nov 30 45 44% No par 4 27 44% 45 Oil 6 Dec 115 Bearing-. (The)— Roller 56 % Feb Feb 119 115 par Toledo Edison Co 14% Aug 23 116 % 115 No par preference™ 3 43% Jun 120% *113% 5 Tliompson-Starrett Co com—No 30 57 117% 113 100 10 32 117 113 15 coin. preferred Associated 6,100 114% 113 1 — Water 4,600 118 common Thompson (J R) Thompson Products Inc Timken 35 113 No par — 2,800 343A 114 14 % Tide 35 53/8 1 *14% $3.50 x34% 5 3/a 100 $1.25 conv preferred No par Thatcher Glass Mfg Co common 5 $2.40 conv preference— No par 4</o 4,500 41% 87% 5% 7% Co 7,800 42% 87% common Fair 17,300 5% Utilities Co Inc 500 55% 87% , 10 Ry Co_ Oct 2 413A Trust— 11% Jun 15% Feb 42 400 55'A 1 47% Oct 12 41 7% 30 10% Oct .27 49 Sep 13% Jan 18 25 24 41% 42% 55% 44% 25 105 54% 50c 29 % Mar 27 Jan 22% Nov 54% No par 2 12% Dec 7 54% $2.50 convertible preferred 50 tThird Avenue Transit Corp_No par 15% Feb 91% Jan. 55 Thermoid 59% Dec 18 x54% 27 1 Jan 41 14 11 4 15 *40 No par Oil certificates Pacific 100 143/4 15 39% Feb 10 *143/a 14% 39% 9% Jan % Nov 143A 14% 39 8 44 *14 3/a 14% 39 12% Jan 8% Jan 42 % May Texas & The 14% 14% 39% . 42 J/8 Inc 14 Texas 128 6 30% Sep 12 14% 14"% 39'A 10 Gulf 5 % Oct 46% Jan 14% *14% 8 . „_ Co Texas *14% 5 25 Corp 109% *170 17% *58 111 175 18 59 * *170 17% *58 12% 175 12 1% *173 12% 176 12 *96 *173 963/4 25 111% i i i ! \ 140 ji' r' / 34% May 19 ^ t , 71% Apr 635 i ? 2,400 21%' 21% i r i 77% 24 V 1 95 *94 163/s *23% 1 1,000 ' No par ser ] 100 21% commoiu. pfd f 100 < , *92% 26% 46 20 (preferred i ■ 5 common '■ 4,100 10,700 STOCK 46 20% v . l 2nd conv 73% 10% preferred series A 5%% 723/a 98'A Oil Co commoiu^— A 4%% preferred-. %% 72% No par Sunray Oil Corp 4 72% 10 Class 26 ; 72% 103/B Corp series S4.50 10,000 x713A *96 Corp Corp;__ Chemical 69% 103/B prior preference Sunbeam Sun 69 10% Sludebaker 17 51% 69% 10% Stone & Webster 2 50% X69% 10% & Fuller Co_r— Stokely-Van .Camp Inc common 43% Feb 21% Sep 26% Jun 21 31 X50%: 51% 693/4 10% ; i 51% * 69 10% Baer 5 % Shares 51% , 10% Corp , the Week io% Co Inc— & 28% Jan 6 31 Oct P) 6 307/» Aug 16 (J 18% Oct 35% Dec 114% Jan preferred 2 10% Sep 15 16% July 1 20% Sep 14 92 3%% Nov. 6 1 Stores 23% Feb 40% Dec Apr' Bros Sterling Drug Inc 36% Jan 5 8% Nov Sterchi *96 Friday Nov. 5 5 * 7 Oct 100 Warn® >Corp— Starrett Co (The) L S— 6 26% May 20 31% Feb' 3%% preferred series A: Stand Ry equip Mfg Co—/ Stanley 14 16% Sep 2 13% Oct ;23 25 Jun common Sales for Thursday Nov. 4 68% of SALE PRICES Wednesday 51% 68% 32% Jan 44% Jan Jan v.8 50% Indiana 3 Apr 30 Feb California—No par of 31 29 i.4% Nov of Oil 13% Mar 26 July "S'/o May Oil Standard 12% May 11 45% Mar 27 Nov~28 32% Oct Standard 2 14 17 98 5 81% Jan 17 43% Jan Dec .23 59% Jan 15 25 II7GH Nov. 3 21 Sep 8% Sep 40 % Feb 45 22 Tuesday Nov. 2 Par Mar 15 32'A Oct 96 4ND STOCK Jan 11% Oct 23 Highest YORK 92 36% May 2 13% Mar.24 91 NEW 85 Oct 16 35% Oct 94 Lowest 64 % July 23 70% Oct JL6 72 Range Since Jan. 1 Highest 50% Jan Continued—Page 11 STOCKS Year 1952 - 27 230 1,200 2,900 176 18 17% 17% 17% 17% 1,400 59 58 % 58 % *58% 59% 10 * The Commercial and Financial Chronicle 28 ... Monday, November 9, 1953 (1792) « NEW YORK STOCK RECORD Range for Previous Year 1952 NEW Range Since Jan. 1 18% Jan 3 23% July fi *7% Dec 9 8% Nov 24 Oct 7% Oct 22 Jan 26 22% Jan 27 22 14 8 40% Mar 17 35% Oct 23 39% Dec • 34 Sep 14 Sep 19 67 Jan 4 58% Apr 23 64 26% Oct 16 34% Mar 21 22 Oct 23 32% Feb 70 Oct 26 85% Jan 76% Nov 6 97% Apr 56 *81 % Jun 17 90 % Dec 31 22% Oct 16 136% Jun 2 53 Oct 30 61 Jan 3 37% Oct 23 Mar 28 90 102% Jan 31 30%D*e tl 146 % Feb 6 87% Mar 29 68 % May 29 42% Dec 31 18 Oct 16 37 144% Mar 11 67% Jan 2 66% Feb 1 55% SeyrlQ 15 33% Sep 135 Aug 31 Mar 31% Jan 23% Aug 31 127% Sep • 144% Jan 21 44% Jan 138 % May 16 144 Jan 24 20 23 Feb 13 17% Sep 21% Feb 36% July 25 41 May 18 35% Jun 39% Oct 19% Oct 5% Jan 7 7% Apr 10 24 10% Jan 11 94 JOB 27 100 75% Sep 23 4% Jan 19 1 % Sep 16 16% Sep 156 90 Mar II 4 Mar 19 3% Jan 2 1% Sep 23 15 29% Mar 12 2 26% Dec 8 22% Jan 14 30 Nov 5 24% Feb 9 27 Sep 29 1 % Sep 27 21 % May 23 7% 27 May 2 24% July 25 14 Jan 11 Apr 57 May 23 24 28% Apr 15 Jan 26% Jan 1« 7 6 10 155 Sep 3 14 Feb 61 Aug 14% Dec 65 3%M*yl3 33% DM 17 7 28'A Jun 34% Mar 25 Oct 30 3 1 32 Jan 2 87% Sep 9 93% Apr 29 88 18% Oct 24 29% Jan 19 16% Oct 119 137% Jan 19 27 % Dec 31 21 Mar 20 92 July 17 8 25% Jan Sep 15 130% Jan 8 22% Jun 23 27% Jan 5 5 114 '/a Jan a Jan 8 112 Nov 6 21% Jan 2 8 116% Nov 20 106 Mar 12 103% May 2 103% Dec 15 92 July 20 92 Jun 100 100% Oct 30 98% Jan 22 Jun 3 33 % Apr 24 37% Jan 4 25% Sep 15 35% Feb 2 127 % Jan 14 31 Jun 13 25 % Oct 13 30 Feb 19 35% May 22 44% Jan 11 36 % Mar 16% Apr 8 18 Jan 18 14% Sep 15 18 28% Mar 8 31% o«t a 27 Jun 22 —20 Apr 17 68% Deo 39 59 Sep 14 11% Jan 2 12% Nov 2 53 % Oct 5 30 4 Mar 15 Jan Vick Chemical Co 2.50 , Pacific Ry com—100 noncumulative preferred—100 Chemical Works common—_5 Vicks Shreve & 5% 7% 6% 7% 73/4 *283A 28% 29 7% 81% 100 1% 1% 4,200 19% 1% *18% 19'A *80 *18% 1% 2,700 13/4 *1% 1% 29% 30 30 200 *25% 26 26 26 200 160 *159 162 160 *29% 10 900 15% 15% 15% 153/4 62'A 62% 62'A 50 32% 32% 1,900 36 36% 4,100 1,200 133/4 28 700 63A 7 28% 29 5,300 2,200 28 27% 7 28% 28% 28% *13% *126 127% *126 127'A *126 127'A *126 127% 130 *126 130 *126 130 *126 130 273A 27% 27% 91% *91% 92% *91% 92'A 40 17% 17% 17% 17% 18 Va 6,300 28 100 *91% 923A 91'A com—No par 6% div partic preferred 100 Virginia Elec & Power Co com__10 $5 preferred —100 $4.04 dividend preferred 100 $4.20 dividend preferred 100 Virginia Ry Co common 25 6% preferred. 25 Vlsking Corp (The) 5 Vulcan Detinning Co common 10 7% preferred— 20 17% 17% 17'A 114% 114'/a *114% 25% 114% *114 *98 26% 100 101% 3,800 30 100 *98 100 *98 100 101% *99 *28 26% 114% 26% *114 114% 100 118 *114% 263/4 26% *114 114% *98 *99 117 *114% 117 26% 26% 114% 1,100 27% 22% preferred—, 900 1% 80% 80 *126 27% 3%% 20 1,000 7 7% 81 iy4 273A Victor Va-Carolina Chemical 28 110% Jan 95 28% Oct 28 24% Apr 1,100 7 Va Vertientes-Camaguey Sugar Co__6% 23 Apr 24% Oct 183/4 393A *6% 6% 23% Apr 116 18% *38% 18% 40 *39 27% 0 13 2,500 6% 10% Jan Mar 18 40,600 27% 14 Apr 37% 142 % 63/4 6% Oct 29 18% 31% 1413/4 27% 23 128 900 37% 141% 37 Va 141 63/4 15% Jan 127 55% 27% 12 6 40 55% 6% Dec 4,500 393/4 56 27% Raalte Co Inc 900 139% 41 133/4 Van 10 190 17,800 56 36 32% Mar 28 3 139 7,500 40 13% 27 May 29 140 139% 34% 27% Oct 23% Apr 28% 13'A 16 125% Jun i53/4 77 28% 34% Jan 125 160% 763/4 28% 13% 30 9 iy4 29% 26% 77% 28 Va *18% 20 is/4 i3/4 *29 29% *25% 26% *159 160 15 */2 15% 20 72 34% 27% Oct 11 *159 153/4 7% 80 *70% 500 23% 70 1,400 60 23% *77 7 i% 60 70 18% 39 39 7 60% 24 133/4 Norman Co 31 *26 60% 23% 34% Van Oct i3/4 *29% 18% ELECTION DAY 7% 7% 80 37% 13% Vanadium Corp of 17% Mar 23 Dec *18% 18% 50 37% 37 "70 72 77% 77% 27% 28 V8 139% 140% 39 40 56% 56% 36% 37% 141 141% STOCK EXCHANGE CLOSED 7% 37% 9,600 143/a *7% x343/8 45% Mar 29 15 25% Dec 18% *38% *6% 7% '*78% 1% 37% 141% 14% 7% 2.5o 10 15 12% Sep 127 139% 40% 56% x37 141% 14% *7% America„No par 30% Sep 129 28 60% 23% 0 Shares 14% 14% 7% 37% 60% 24% 14% *7% 37% 323/4 4 17 23% *70 77% 14% 7% 37 % 61% 23% 72 77% 28% 139% 41% 56 % 32% 49% Aug 1« Apr 14% *7% 37% *61 63% 32% 17% Jan 116 Nov. 6 *62% 32% 0 the Week Friday Nov. 5 62'/, 32% 8 10 Thursday Nov. 4 62% 32% preferred & Light Co Power Jan 31 Wednesday Nov. 3 No par Utah 13% Nov 34 Tuesday j62 % 4%% 68% May 20 10 Jan S3 Feb 167 2 July 28 169 No par Co common 17% May 20 7% Sep 22 common United 9 % Mar 19 8% Dec 2% Apr Sales for HIGH SALE PRICES Nov. 2 Par noncumulative preferred—25 Stockyards Corp 1 United Stores $4.20 noncu 2d pfd_5 $6 convertible preferred—-No par United Wall Paper Inc common—2 4% convertible preferred 50 Universal American Corp 1 Universal-Cyclops Steel Corp 1 Universal Leaf Tobacco com_No par 8% preferred 100 Universal Pictures Co Inc com 1 6% Jan AND Monday STOCK 1 4%% preferred 10 U S Pipe & Foundry Co 20 U S Playing Card Co 10 U S Plywood Corp common 1 3%% preferred series A 100 3%% preferred series B 100 U S Rubber Co common 5 8% noncum 1st preferred 100 U S Smelting Ref & Min com_—50 7% preferred 50 U S Steel Corp common No par 7% preferred ^-100 Co Lines U S U S Tobacco 26 28 May 28 8 % *87% Oct YORK EXCHANGE Highest Lowest Highest Lowest LOW STOCKS *99 101 % *99 101 % 500 28% 27% 27% 273/4 28 28 26'/a 26% 26 Va 26% 26 Va 26% 26% 26% 53 53 533/4 533A 53% 533/4 53 53 600 153/4 153/4 600 293% 10 *143A 15% 15'/a 15% 15% 15% 28 *29 2,100 29 29 *29 29% *29 62 *61% 62% *61% 62% 62% 12% *12% 12% 12% 12% *12% 62% 12% 400 62 23% 23% 23'A 23 23 Va 23 Va 23'A 1,500 493/4 49% 493A 2,900 293/4 w 09 Nov 24 12% Aug 0 29% Jan 14 42% Apr 29 27 22% Oct Wabash RR 13% Mar 10 Waldorf System 29% Jan 6 4 Fab 27 7 43% Jun 16 22 10% Jan 30 5% Sep 15 9 11 21% Dec 3 18% Jan 2 25 98 12 104% Dec Jan 8 Sep 15 11% Sep 14% Apr 15 98 I 50% Aug 51% Jan Dec 17% Jan 8 May 13 , Feb 4 17% Anr 10 105 Walgreen Co— Walker (Hiram) & W No par 2.50 Ward Baking Co common 1 —100 G Walworth Co—— preferred— 5%% Oct~22 20% Jan Jim 35% Jan 30 23% Sep 21 33% Mar 19 Warren Foundry 30 28% Sep 14 37% May 14 Warren Petroleum 25% Jan 4 24% Oct 23 16 May 1 19% Feb 19 11% Nov 17 Dec 37 30 31% Sep 3 29 Jun 9 Dec 31 24 Sep 14 28 2 18% Nov 24 31 Jan 30 0 Mar 10 18% Jan 21 13 Sep 14 17% Apr 24% Dec 19% Oct 20 24% Mar 23 3 14%juiy31 8 Sep 13% Feb 14 10 9 29 12% Mar 27 3 11% Jan 19 Sep 15 30 32% Jan • 21% Sep 1 28% Feb 2 28 84 7 73% Oct 1 84"% Feb 3 Oct 16 41% Jan 9 17% Nov 4 29% Jan 9 West 28 May 21% May 2 28 % Dec 30 29 % Jan 2 37% Dec 3 32 106% Mar 18 110% Sep 8 98% Jun 96% Jan 17% Oct Jun $4 28% Jan I West 37% Feb 4 West Penn Electric 107% Jan 8 West Penn Power 88% Jun 18 Feb 7 89% Jun 9 99% Jan 19 16% Jan 29 12% Nov 5 l6:,/4 Jjmq 19 West 4 West 103% Apr 102 98 Jan 9 12 Sep 17 72 Jun 6 106% Jan 8 9% Oct 19 84 Aug 1 69 Jun 21"% Nov 109% July 18 15% Jan 1 104 102 8% Sep 43 % Sep 4.10% 4% % 15 8 56% Dec 18 15 57% Mar 11 Western 26% Dec 23 20 Sep 14 32% Mar 29 Western Dec 19 45 Jan 2 63% Mar 25 64 89 Mar 37 Oct 20 4 % Dec 12 Oct 7 98 46% Sep 90 67% Mar 10 14 99% Sep May 14 2 4% RR series Western Union Telegraph Westinghouse Air Brake Westinghouse Electric com 14 39% Sep 15 1 16% Jun 10 22 May 4 Weston 14 127 Mar 4 Mar 20 126 Jan 26% 26% 27 5,300 14% 14% *14% 14% *20% 20% 20 Vs 201/4 20% 20% 20% 20% 700 9% <2% 9% 1,800 3.80% preferred series B Inst Elec 6 Oct 12% Jan 8 24% Nov 32% Apr 13 2 27% Aug 29 18% Sep 4 13% Dec 17 11% Feb 8% Oct 22 12% Jan 22 7% Sep 68% Nov 14 75% Feb 13 63% Oct 12% Aug 18 14 % Jan 18 8% Nov 30% May 27 16% Oct 15 11% Mar 20 74% Mar 10 13% Jan 19 Prior' & Co Inc &' Oct 51 16 64 Jan 53 Jan 3 Woodward 48 Jan 30 Sep 1 75 Sep 19 101 Sep 19 8 83% Feb 118 Nov 70% Dec 22 75 % Jan 14 9% Oct 23 13% Feb 1 36 7 % Sep 22'A -104% 105'A 24% 96 93% 60°IV 1,700, ■ 100', 42 43% 41% 421/4 42 423/4 42% 42% 7,200..;:; 23 Vs 22% 23 22% 22% 22% 22% 6,600 47% 98% 47% X47% 98% *98% 19% 19% ■- 47 % 48 3A 47 % 99 98% 99 U23 6 'A 34% 6% 6% . 63/a 19% i,eob ;Vv 2.500 123 - 34'A 34% • (FW) 370: 26 % 600, 5,600 28% 200 16% 16'A 16'A 10,800 conv *25 1 *30 28% *134 Corp...10 18% 41% 10 43% No par 28% 78 107% *76 ' 9 8% 66 % 66 8% *25 26 83A 8% _ ' ' ' . . " . 85/a 8% 30 Va 30 Va 30 Va 28 3/4 29 285/a 29 28% *134 137 *134 137 137 18% 18Va 18 3/8 413/4 40% 40% 41% 44% 44 44 % X43s/a 29 28% 29 78% 78 106 28% 78 107% 183/a 106 107 34% 34% 19% 19% 193/B 48% 48'A 48 % *47% Yale & Towne Mfg Co 1 9 York comjnon convertible preferred 34% 34 *106 7% 19% 1 i 18% 42 3,100 700 2,400 73A 48% Apr . . 147 8,300 76% 19% 39 % 23% Apr 7% 3,200 29 Va *773A 78 3/4; 79 107 70 60 76% 300 73/4 2,800 34% •34% 1,700 19% 19% 4,700 *473/4 48 % 19% 49 *23% 24 % 400 900 27% Oct 16 34 JaD 7 22% Sep 14 34% Jan 13 Young (L A) Spring & Wire_No par 23% 23% 23% 24% 23% 24% 39% Oct 23 50% Jan 2 34 14 47% Jan 8 Youngstown Sheet & Tube No par 38% 38% 38% 38% 38% 39 38% 39 16 Oct 18 17% Jan 24 23 16% Jan 2 Youngstown Steel Door No par 11% 11% 11% 12 11% 12 12 12 00 Jan a Jan 6 Zenith Radio No par 71 71% 71% 71% 71 717a 703A 70% 3,600 5% Apr IS Zonite Products 3% 3% 3% 3% 3'A 4,200 4% Nov 17 88% Nov 20 6% Jan 29 Sep 11% Sep 63 % Jun 10 3% Oct 28 84 Corp Corp 1 3% * 3% 3% , • 9,300 900 * BJd and asked prices; y Ex-rights. dividend, no sale on this day. t In receivership, or petition has been filed for the company's reorganization, a Deferred delivery, r Cash sales, . 600 . 43% 73A x34% 14 15 47 73A 800 283/4 29 76% 1 Sep 16% Sep 8 • 30 3/a 433A , 76% 50 1 3 . 44 Va 3/8 *41% 41% 29 107 25 40% JAB 21% Oct 7% 18 18 3/a 34% 76 76 76% *77% , *134 ' ' 600 ' 30 Va 73A 51% Dec ' 12,500 9 65% 9 9 . 28% —5 0 65% 83A 30% __.No par 2 8% 83/4 30 Va Wyandotte Worsted Co 8 26 66 65 83A Wrigley (Wm) Jr (Del) 13% Jan % : 1,600 16% 26 663/4 common , ;;; 4,900' 16 Va *25 -10 Co Corp J' 82% . 6% 6 " 6% 6% , 600: 34% 19 19% ,19% 19% *123 35 , 28,300 ; ; 48 3A 99 47% 100 22 Corp 93% 22% 11 % Mar 17 4%% 51'A *93 54 Va 52 16 Va series— 100 53% Mar 4,000 54 51 16'A series-.100 Oct 25 % 25 3,000 16 Va pfd 4%% . 49% 53% 51% 96 140 1,800 9 49'A 25 53 51 % 50% *93 49% *24% 24% 53% 9 9'A 49 49 *51% 7,000 22% 105% 9 213/4 preferred 4%% 9 48% 51'A 8% Co Iron Worthington 39% Jan Jun 22 Va *104% Va 25 .100 Service i32% Jun 31 9 21% Prior 77 9 24% Prior 15 9'A * Mar 19 71% May 12 105 22 130% Mar 10 86 87 105 48 20 1,200 1,200 87% 87% 104% 8% Grocery Co:. Public Woolworth 35% Mar 17 9 32% Nov 12% *66% preferred 6% Wisconsin Sep 45% Dec 20 20 6 42% Sep 17 26 % Feb 97% Feb 2 26 20 42'A Apr 76 % Jan Jan 13 21 % Wisconsin Elec Power Co com__.._10 18% Nov 98 12% 213A Winn 135 *96% 13% 21% 30% May 22 '■ 97% 13 22% 29% Oct 10 97% 13% 21% 24 % Jun 24 12% 97% No par _ Co_ Lovett 98 98 _No par -10 common preferred--— $4.25 100 .—1 Willys-Overland Motors IncWilson 1 20 .. Co Wilson-Jones 140 *98 —5 preferenceOil Wilcox 6,200 100 j. 28% 24 % Jan' Apr ■*98 ; 28% 17 16% Jun < 106 35% 28% 29 126 100 *98 100 36 105 36 Va 105% 28% 25 % Dec 26 4,900 390 105'A 36 36 Va 105 % 17% 18 17% 17% 35% *104% 27% 28 % Nov Nov 18% 17'A 17% 35% 104% 28% 7 138 7,400 28% 2 15 18% 82% 15% Apr 128% Jan 17% 1 (The S S) 21% May 5 17% 26 Sewing Machine common- 28 32 17% 82% White 14% Jan 9 17% 26% Co— 4 17% *26% Motor 10% Aug 17% *; 82 % White 29% Jan 2,600 79 82 30 Sep 200 23'A 79 34% Oct 23 10'% 223A 79% 26% 29 2 10% 22% 78% 81% 15 29% Jan 10% 22% 78% 26% 14 17 23 *10% 22% 78% 26% Mfg Oct 10% 22% 81% Dental 28% Oct *10% 78% 26% White 40% Mar 17 10% 22% 2o Wheeling Steel Corp com No par $5 conv prior preference—No par Oct 48 1 600 i 9 ;.,34V4 8 25 Va Sep 9 19% Jan 7 8% 9 9 21% 104 % *123 34 % 81% 86% Mar 24 22 34% Jan 22% 77% 17% 17 Va 35 % 104% *98 *96 13% 87'A 100 30 30 89% Jan 9 *10'A 12.50 Corp_ 14 41% Jan 6 8% Mar 26% 14 % 15 30 Oct Apr 21 26% 14'A 80 Oct 80 17% Jan 26% 14% 30 Va Sep 32 25 26% 10 10 12 % 100 Wheeling & Lake Erie Ry 127 1,000 100 91V8 Jun Mar 2o 3,100 30% No par com A 3 127 200 323/s 30% 96 Preferred 31 12 283A 32 Va *94 Pacific Western Nov Mar 18 *27% 28% 53 48% Dec 50 3,700 24% 22 % Sep 99% Jan 18% *24 % 38% Feb 101 18% *51 % 51'A 11 2 18 % 100 21 20 18'A CLOSED 30 3A .10 Co 45% Feb 35% Feb 18% EXCHANGE 18% 1,500 28 100 100 5 preferred 2nd 27% Nov 95% Jan 18 11% Maryland Ry common__100 noncum 16 48% Aug 13 29% May 18 5,600 32 Va 1 24% May 14 18 11% 30% 100 Supply Auto 30 46% Fel) 11% 28 100 Western Air Lines Inc 22 47 11% 11% — Oct 18 pfd_ preferred 46% Apr 34% Oct 21 30 11% 11.% 32'A Pulp & Paper com—No par 5 New 5 101% 30% No par Co 4%% preferred series C Va 6 Jan 22% Nov 109 100% 32 5 Virginia Coal & Coke 12% Jan 5 29 19 87% NOV 19 Sep Jan 1003A 29 1 preferred series B 4.20% II 2 23 V4 100% 31% preferred—No par Indies Sugar Corp— 1 Kentucky Coal Co— 4 9 23 Va 101 % 30% Snowdrift com__2.50 & 23 Va *100% STOCK *28% convertible 17 30 1 Oil Wesson 23% 6 5 Knitting Mills Pump Co Webster Investment Co 80% Fel) 23% DAY No par Wayne Oct 9% May 26 5% 23% ELECTION Light Co—No par Waukesha Motor 'Co Wayne 3,100 6 5% 5% 5% 5% 23% 30% 3 Corp Power Water *100% 101 49% 49'A 49% 49 31% No par Pipe & Washington Gas Wash 49 5% 23% 700 —5 Inc Warner-Hudnut 12% 23'A 11% 18% 28% 31% 30% 26 % 14% 5 1 Inc Pictures Bros Warner 15 3 --10 — 25 27% May 15 100 No par preferred 4%% 3 70% Mar wd When distributed, x Ex- . Number 5271... The Commercial and Financial Chronicle Volume 178 Bond Record (1793) New York Stock «» FRIDAY The italic letters In the column headed WEEKLY - "Interest Period" Indicate in each Figures after decimal point represent more or the month case 32nds of when GOVERNMENT BONDS Year 1952 Range Since Jan. 1 Highest Lowest NEW Highest 99.24 May 12 YORK Monday STOCK 99.24 May 12 Low AND Tuesday Nov. 2 EXCHANGE the bonds HIGH Low PRICES SALE Thursday Wednesday Nov. 3 High mature. point a LOW Range for Previous Lowest one Exchange YEARLY - High Low High Low * Sale* far Friday Nov. 5 Nov. 4 Nov. 6 Low High the Week Bonds ($) High Treasury 3Vis Treasury 27/8s Treasury 2%s 1978-1983 ♦103.28 104.2 *103.26 104 *103.18 103.24 *103.24 103.30 1955-1960 ♦102.6 102.9 *102.5 102.8 *102.3 102.6 *102.3 102.6 1956-1959 ♦103.20 103.28 *103.20 103.28 *103.20 103.28 *103.16 103.24 Treasury 2%s _____1958-1963 ♦105.16 105.24 *105.16 105.24 *105.16 105.24 *105.12 105.20 Treasury 2%s ;__1960-1965 ♦106.20 106.28 STOCK *106.24 107 *106.20 106.28 *106.20 106.28 Treasury 2%s — 1956-1958 ♦100.18 100.24 EXCHANGE *100.18 100.24 *100.16 100.22 *100.16 100.22 ♦100.26 101 CLOSED *100.24 100.30 *100.20 100.26 *100.20 100.26 Treasury 2%s Treasury 2 Vis 96.9 Dec 15 ; 14 1958 96.19 Jan 9 96.20 Mar 18 96.25 Dec 94.8 Mar 25 94.8 9 96.21 Dec 9 9 96.27 Nov 18 96.22 Dec 10 96.22 Dec Dec 24 96.20 Nov Nov 18 95.20 Oct 23 102.18 Jan 100.4 29 Nov 18 102.18 Jan 29 27 99.18 Oct 97.19 Oct 100.3 15 ♦96.22 96.28 Dec 1964-1969 1965-1970 ♦96.4 1966-1971 ♦95.24 2Vis 2Vis June 1967-1972 ♦95.18 Sept 1967-1972 ♦95.12 2Vis —Dec 1967-1972 23/8s 1957-1959 2%s June 15 Treasury 2 Vis Treasury 2 Vis __ 99.14 Oct 97.19 Oct June 1964-1969 Treasury Treasury Treasury Treasury Treasury 19 100.4 23 10 95.8 95.20 Oct 97.6 Treasury 2%s Treasury 2Vis 9 96.21 Dec 96.15 Dec 98.2 ♦97 Treasury 2Vis Mar 25 *97.28 1963-1968 Treasury 2Vas 14 14 Oct 96.14 Oct 1962-1967 Treasury 2%s 96.14 Oct 23 99.14 Oct 23 98 *97 97.6 DAY *96.20 96.26 *96.14 96.20 *96.20 96.26 *96.18 96.24 *96.12 96.18 *96.16 96.22 *96.2 96.8 *95.28 96.2 *95.22 95.28 •95.16 95.22 •'*95.22 95.28 95.24 *95.16 95.22 *9£.6 95.12 •95.18 95.24 95.18 *95.10 95.16 *95 95.6 *95.6 95.12 95.18 *95.10 100.12 ♦99.30 *100.6 100.4 *99.28 96.6 95.6 *95.8 95.14 100.8 *100.4 100.10 *95 95.16 *100.2 100.12 100.2 *99.28 100.2 *96 *99.28 100.2 1954-1955 ♦100.12 100.15 •100.12 100.15 *100.12 100.15 *100.12 100.15 ♦100.22 100.25 ♦100.22 100.25 *100.22 100.25 *100.23 100.26 1956-1959 ♦99.12 99.18 2 Vis June 1959-1962 ♦97.22 97.28 *97.22 97.28 *97.18 97.24 *97.18 2Vis Treasury Treasury Treasury Treasury Treasury Mar 18 *97.26 96.30 1954-1956 Treasury 2Vis 27 97.28 *96.24 96.10 ♦95.12 *97.22 97.4 96.26 ♦100.6 1958 98 *96.30 95.30 ♦96.20 *97.26 ELECTION 97.24 Dec 1959-1962 ♦97.22 97.28 *97.22 97.28 *97.18 97.24 *97.18 97.24 ♦100.10 100.12 ♦100.11 100.13 *100.11 100.13 *100.11 100.13 ♦100.6 100.8 *100.6 100.8 *100.6 100.8 *100.6 100.8 ♦100 100.6 ♦100 100.6 ♦100 100.6 *100 100.6 2s 2s June Dec 2s 1954 1954 Dec 1954-1955 *99.10 99.16 99.14 *99.8 *99.8 99.14 International Bank for Reconstruction 93.4 & Development Oct 20 96.28 Aug 7 90.16 Jun 17 94.16 Jan 2 92.12 Oct 25-year 3s 22 96.4 Apr 2 91.25 Apr July 15 1972 16 94 July 20 95 25-year 3s Mar 10 97.24 Feb 27 92 15 96 Nov 30-year Dec 98.10 Nov 100.15 Dec 7 98.10 Nov 7 17 101 Jun 95 July 2 97.16 May 12 1 Dec . 100.20 Oct 4 3 Vis 96 May 15 1975 Oct 26 19-year 3 Vis 3-year 3s Oct 15 1971 4 Oct 101 Serial bonds of *98 98.24 94.24 *94.8 94.24 ♦93.8 93.24 *93.8 93.24 96 ♦95.8 95.24 *95.8 95.23 94.8 ♦93 23-year 3%s 1*94.8 93.24 94.8 93.24 95.24 100.24 Nov 22 94.16 *93 *95.8 1981 Mar 25 97 *94 1 1976 1 Oct *98 *98 98.24 *100.8 101 1 1956 *100.16 100.24 100.24 100.24 15 1954 *99.16 100.8 *99.16 100.8 ♦100.8 101 *98 98.24 *100.16 101 ♦100.16 100.24 r 98.24 100.16 100.16 50,000 *100.16 100.24 8,000 1950 2s due Feb 100.8 ♦99.16 *99.16 100.8 2s due *98 99 *98 99 *98 99 *98 2s due Feb 15 1956 *96.16 98.16 •96.16 98.16 *96.16 98.16 *96.16 98.16 2s due Feb 15 1957 *95.16 97.16 *95.16 97.16 *95.16 97.16 *95.16 97.16 Feb 15 1955 99 2s due Feb 15 1958 *94.16 95.16 96.16 *94.16 96.16 *94.16 2s 96.16 due Feb 15 1959 *93.16 95.16 *93.16 95.16 ♦93.16 95.16 *93.16 95.16 2s 3= due Feb 15 1960 *92.16 94.16 *92.16 94.16 •92.16 94.16 *92.16 1961 *91 93 *91 93 ♦91 93 *91 93 *89.16 91.16 *89.16 91.16 *89.16 91.16.... *89.16 91.16 2s due 2s ♦Bid and asked price. No sales transacted this day. a Odd lot tra nsactlons. due e Cash sale, RANGE Friday BONDS 1 Nei Interest Last Period Sale Price York Stock Exchange r Feb Feb 15 15 1962 *94.16 > . Friday's Bid Si Asked FOR WEEK ENDED NOVEMBER 6 Low High Range Since Sold Jan. 1 No. Week's Friday Bonds Low New York City BONDS New York Stock High Bram Interest Last Period Exchange Sale Price or 1% (continued)— Low 8%s Jane-Dee 1980.. 99% ' 99% 100 Vi 52 95 lOl'/a , series No. 15 June-Dec 3%s series No. 16 June-Dec 3%s Issue— Corporate Stock series No. 17 June-Dec 3%s series No. 18 June-Dec *79 19 series 3%» No. series No. — - __ *• June-Dec 20 >• No. 21 22 June-Dee 3%s series No. 23. June-Dec 2%s series No. 82 75% 82 76% REctor 2-2300 120 York Stock Broadway, New York Akerahus (Kingdom 92Vi 90% of Norway; 4s 1968 Mar-Sop collateral 7s A 1945—Jan-July fAAntloqula (Dept) IA External sinking fund 7s f AExternal sinking fund 7s ser 100 92 95 % 100 100 *70 65 *70 B 1945—Jan-July ser 92% 85% 1 74 80 June-Dec June-Dec *79 series No. 65 70% 70 C 1946—Jan-July *70 70 70% •^External sinking fund 7s ser D 1945—Jan-July AExternal sinking fund 7s 1st ser 1957_April-Oct ♦70 65 70 *70 68% 70 AExternal sec sink id 7s 2nd ser *70 65 70 AExternal sec sink fd 7s Srd ser 65% 70% 40% 44% 20-year 3s s f $ bonds 1978 1957-Aprll-Ocf 19&7.Aprll-Oc! Jan-July Antwerp (City) external 5s 1958 Australia (Commonwealth) 5s 1955 10-year 3 Vis 1956 June-Dec *70 104 104 4 101% 101% 102 76 Feb-Aug 99% 3%a 1957 20-year 20-year 3 Vis 3Vis 1967 1966 Jane-Dec .June-Dec 15-year 3%s 1962 —Feb- Aug (Kingdom of) 6s 1955 sinking fund 7s 1955. (U S of) external 8s 1941 Stamped pursuant to Plan A reduced AExternal to a Stamped 3.5%) f 8 Vie s to 3.375% l f 6Vis 99% 24 95% 100 13 94% 99 96 95% 96% 18 88% 97 95% 95% 96% 29 88% 96% 96 96 96% 72 88 96% 5A7s (Central Ry) 2 102 106 108% 108% 1 108% 113 95% 95% 91 95% 27 .June-Dec June-Deo 29. June-Dec series No. 61% 62 59 63% 92 92 92 86 June-Deo 2%s 1974 94% 59% 59% 55 AExternal sinking fund 6s Feb 1961 *90% .. 86 61% 89 63% Jan - AExternal sinking A6s assented A6s 61% A6 95 94% 61% 1963 Mar-sept 1993 5 1952 59% June-Dec 59% 59% *93% 14 — (Interest June-Dee 61% funding bonds of 1931 due 1951 Stamped pursuant to Plan A (Interest reduced to 3.375%) 1679 —Aprll-Oct External dollar bonds of 1944 (Plan B) 61% 61% — 3%s No. 1__ 2_... _ — *58% 59% 80% 80% 58% 61% 1 77% series No. 75% 81 '/a series No. 3- 78% 79% 10 74% 79% 3%s series No. 4 —June-Dec 78% 79% 5 74% 34% — 3%s series No. 5 —June-Dec 78% 79% 6 74% 79 % J%s series No. 7. J%s series No. 8_... |%s —June-Deo *79 79 % —June-Dec ..... *85 —June-Dec 83 79 — 80 -- ' 2 55% 61% 38% 1 33% 38% 58% 58% 34% 38% *61 38% „ 38 % ' 1 ' *61 55% • —• 38 2 74 82 1 — series No. 9 June-Dec 87 87 3%s series No. 10- —June-Dec *90 95 85 series No. 11— —June-Dec *79 82 76 80% 3%s series No. 12..... —June-Dec 81 75% 82'/a 3%s series No. series No. 13 .June-Dec *83 79 92 14 —June-Dec *79 74 80 3%s For footnotes see page 33 . .. _ __ 81 ■ 80 1 79% 87 59% 33% 37% 32% ■ 38% 155 \ 38% Mortgage Bank 6 Vis 1957 June-Dee Vis assented June-Deo *38 34% 37% June-Dec *61 65% 59% 34% 36% 1957 ASlnking fund 6%s 1961 A6%s assented AGusranteed 1961 sinking A6s assented June-Deo fund 6s 1961 1962 — *38 —. *61 May-Not — 67% *38 •61 May-Not AGusranteed sinking fund 6s 1962-i assented — April-Oct April-Oct 1961 . *61 *38 68 ll " For Financial Institutions FOREIGN SECURITIES FIRM TRADING MARKETS r.ARL marks & ro. IN q FOREIGN SECURITIES SPECIALISTS 50 Broad St., New Telephone HAnover 2-0050 58% York 4, N. Y. Teletype NY 1-971 58% 34% .fe¬ 97% 3%s 37% 55% ' *38 36% 59 3 a 33% ' 85% 79 37% 61 % 81 —June-Deo — 61% 38% 83% 3%s 37% 55% ~2 61% 61% 33% . —June-Dec 37% 55% 8% J%* series 58% 34 61% 95% 44% 55% *61 June-Dee 95% 91% 40% 44 *38 May-Nov bonds 2Vis-3s 1 44% 61% May-Nov 1963 31 *61 Aprll-Oct sinking fund 6s assented 103% 94% *38 38% Mar-Sept April-Oct fund 6s 1962 1962 Bztl sink fund 6 A Chile 1961 103% 99% 91% 61% Jan-July AExternal sinking fund 6s Sept A 6s assented Sept 1961 100% 40% 11 *38 Feb-Aug 1961 13 44 102% 102% *38 ; April-Oct Feb-Aug 1961 103 93% 58 Feb 100% *43% ARy external sinking fund 6s Jan 1961__Jan-July assented 77% 29 91% 55 assented 75% — 102% 102% 61 April-Ocf 1960 77% 94 % __ May-Nor April-Oct sinking fund 6s 1960 A6s assented 82 75% 102% 103 Mar-Sept 1942 87 76 *43% 20-year 2%a 1975 Mar-Sept Oaucs Val (Dept of) 30-yr 3s s f $ bds 1978—Jan-July IA Chile (Republic) external s f 7s 1942 May-Noe assented 78 82 82 *79 — 102% AExternal 77% *80 92 Aorll-Oc# pursuant to Plan A reduced to 3.5%) 1978 *79 102% A6s 82 80 76% „ *79 __ Mar-Sept A6s 78 76% .... L (interest 1979 Stamped 30 (Olty) sinking fund 0s 1957 AExternal 81 82 ■ (Interest 1979 A 62 Aprll-Oct _April-Oct A *79 „ ' 28- Alt June-Dec of 1927 due 1957 to 3.375% > 102% 102% 108% (Interest due 1957 Stamped pursuant to Plan reduced 102% 28% Jane-Dee 1978 of 1926 pursuant to Plan reduced AExternal June-Dec 105 100% 99% fan-July External 101 28% Jane-Dec lABrasll 18 Jan-July 10-year Belgium 44 43% 140 .... *79 June-Dec IA7s 77 79 25 — Bank (Colombia)— lAQuaranteed sinking fond 6s 1947 Peb-Auo SAGuaranteed sinking fund 6s 1948 April-Oct Mortgage 73% —— 94 24. fund gold 5s 1958 Feb-Aug Oaldas (Dept of) 30-yr 3s a f $ bonds 1978-Jan-July Canada (Dominion of) 3 Via 1961 Jan-July Foreign Government and Municipal 82 83% 28_ 26-year Agricultural 81 79 82 79 __ Sinking 1-1693 «... 77 No. >%• series No. NY 82 74% 75 81 1 No. Brisbane 82 78 88 series 3%s Toletyps Exchange High 88 3%s Members Now • *85% __ 88 3%s aeries Wertheim & Co. Low *79 3%s 3%s series No. Tmlmphonm Jan. 1 No. *79 *79 June-Dec series No. Range Since Sold *79 __ June-Dec series 3%s Bonds High *79 3%» Foreign Securities Range Friday's Bid Si Asked 3%s Transit Unification 94.16 Registered bond transactions. Week's Range or 4,000 3,000 37% 66% 59% 33% 36% 29 The Commercial and Financial Chronicle 30 ... (1794) Monday, November 9, 1953 4. . . « ' . NEW YORK BOND RECORD RANGE Last Interest BONDS Consol A 7s assented __Mar-Sept I960— — AChinese (Hukuang Ry) Colombia Jan. 1 of A6s Oct 1928 __Ju7te-Dec of 1927 5s 1951— 1961 1961 Jan 3s ext sinking fund dollar bonds 1970- _April-Oct lAColombia Mortgage Bank 6%s 1947— ..April-Oct SASinking fund 7s of 1926 due 1946__ „May-Nov Feb-Aug iASinking fund 7s of 1927 due 1947. .June-Dec (City) 5s 1952 May-Nov 25-year gold 4'/2s 1953-. —gACosta Rica (Republic o'f) 7s 1951 —May-No a Cuba (Republic of) 4J/2S external' 1977— ..June-Doc §ACopenhagen . .. 37'A §ASao 4% 62 reduced 54'/a 62 93 90 VB 8 8'A 100 VB 42% 89 37'A 112% 112% 39 111% 40% 42% §A8s 100% 37 Stamped assented 6%) extended J an-July 43% 42% A7s 117 Feb-Aug (Kingdom of) extl 5'/2S 1955— ..April-Oct gold 4%s 1962El Salvador (Republic of) — 4s extl s f dollar bonds Jan 1 1976—. Jan-July External s f dollar bonds Jan 3s f dollar extl s of) 100% 100% 10031 33 100 % 100% 44% , *82% 42 Consolidated Elec §A7s 1st *58% A ser 8 A6%s 1944 1st 6%s due extended & 5 8'/a 6%s 16% ASilesia 1950 ...Jan-July 1950— extended §A6 % *97% ~1 98% 138% 93 — A7s part A 6s part paid 1964 paid 1968 Helsingfors Italian (City) Italian 30-yr gtd §A7s A5%s 5%s 154% ext extl due A5%s 5%s % 20% 61 19% 123 3s f s .Jan-June for 52% 1977- 98 44 Jan-June 1977- Jari-June ofi 42'A ' 76% extended loan 1965 of '30 Feb-Aug 79 AMedellin (Colombia) 6%s 1954 30-year 3s s 1 $ bonds l'!)78 Jau-July 16 127 S A4%s A New small IA5s of (1942 agreem't) 107 1899 ^ — 44 67 69% 41% — *43% 79 % 17 ' ~8% 10 _9% 9% *9% 1968—Jan-Juiy 1945._ Quar-.hm (1922 agreem't) 9% — — ALarge of due _______ — A4s of (assented to 1922 Yokohama A6s assented new (1942 agrce't I to 1922 1968—Jan-July (assented agreement) § ASmall A6s new (1942 Geraes A8ectired agree'I,) (assented 1933 — agree't) to to April-Oct 2.125%) sinking pursuant 6%s Plan (interest 2008_ fund to "9% 17% 16% 17'A — 1 OO OB^ ~9% 16 5 14% 15% 2 14'A A5%s loan 1958 -- *89 — *53 — — — -- 75 52 36% 52 54 31'A ~9 35 101 'A 101'A 101% 100 100 100% 3 99% 101% 101% 101% 101% 2 99% 102 >A 101% 101 % *98 101% • —— 101% 101% 2 —— 1 100 99% 102 (30-yr) pursuant reduced to (Republic May-Nou to ANat loan extl ANat loan extl lAPoland to Plan 2.125%) of) : s s f 6s f Gs (Republic A 75% 119 1st 6s Alegre 77 119 63 99% 52 38 56 56 48% 56 55% 56 48'/2 to 1961—April-Oct April-Oct 8s {AExternal Stamped to *55% to do to external Stamped 58 48% ~6% 11% 11 14% 8 *13% April-Oct Jan-July 1950 Stamped reduced 1967 to — *7% 5% 12% 15 8 14 9 6 % 2.5%) to 3%s Canada 1970—= to 37% Corp 3%s debentures f debs 2.25%) For footnotes see page 33 83% 92 83 88 97'A 82 97 95% 91 97% 82 64 V* 82 * 6% 14 V\ 8 14'A 5 % 7% 76 1 76 10% 126% 111 *126% 66% "77% \ OMPAN1ES COMPANIES 104Vb 102 105% 99 % 103% 35 94 '/a *71 98% 70,/4<' 103 47 97'A 103% 95% 97% 97% 103'A 100'A 104% 94'A 98% 98% *97% 103% 99% 66 102% 103 80 102% *103 91% *96 104% 15 92 86 100 100 100 80% 81 101 76% 86% 65% 65% 66 214 61% 69 91% 91% 92% 35 84% 92% April-Oct 93% 93% 94 69 87'A 94% Jan-July Telcgrapli & 80% Jan-June 87% 87% 88% 41 80 % 89 109% 110% Co.— — 65 108 lA 116% 91% 92% 4 847/B 92% 93 93% 26 84% 93% Jnne-Dec 102% 97% 104 VB 37% 56% 1961 June-Dec 1987 debentures 1973 3%s convertible 3%s conv 3%s conv debs 37% 36% wi 3%s 1965 Anglo-Lautaro 1st A P Arbor W 56% 55 58% Co Topeka General 100% 101 % 4s .Gen Line 1 RR-4 %s A '100 101 A mtgfe 4%s sfer C 1972 *__ 101 Refining 2%s debentures 80 15 92 97% 101% 115 % 116% 23 106 120'A 109% 110% 17 100 VB 112 V* 100% 100% 1 99% 12 103% 103'A 108 V. _Muy-Nop 1966 100% 105% 106 99% 99% 99% 102 Vb 102 Vb *96" Jan-July Si OiilO' RR— 1 97 % 2 1 — 97 ' 7 102 % 99% 104 V4 93% 96% = First mortgage 4S series A July 1975—__Aprll-Oct ;First mortgage 5<% selies B (4% fixed ' < and 1% contingent interest) July 1975.April-Oct 5% (2% : Refunding; and general mortgage fixed and 3% contingent Interest) ■•} : Series di(e G Dec , Series Ref 76 77% 76% 77% 12 72% 85 77% 76% 77% 45 72% 85 June-Dec 88% 87% 88% 30 83 95 —May 69% 68 69 % 132 64 -..Nlay-Nov 94% 94 95 25 86 83 81% 83 21 79 88% 80% 80% 75% 86% 89% 90 % 14 108% 10 general mortgage H% (2%% fixed and 3%% contingent interest) %s convertible Refunding Erie 1 2010 A« 1980 mortgage 5% ser A 1%% conting int) 1980.Jan-July division—> ref M 4s series and D Consol 43% 48% Consol mortgage 53 55 1985 mortgage 2%s series I 1970 48 Consol 37 96% Jan-July Bangor & Aroostook RR— 1st mtge 4 %s conv 1976—' Telephone of Pa 5s series Beneficial Industrial Loan Borden 35% 75% ' first (3%% fixed & Toledo-Cincinnati *54% Boston Loan 4%s Corp Steel 2%s debs Jan-July April-Ocf C 1960 dobs' 1961_Moy-Nov 1973^ 2%s series J Maine 108% 108 *93% *__ Mar-Sepf Jan-July 1976 mortgage 3s series K 1979_ (The) Co 27/sS debs 1981— & 90 86% 93% 107 111 % 91 94% 95% 104% Corp— 91% 92 91 *96% Mar-Sepf 80% May-Noi; *99 % mortgage 5s First mortgage 4%s First mortgage 4s series RR 1960 Jan-July AInc mortgage 4%s series A July 1970_ May-Nou 1967— 1955; JJ 88 93% Maj^Sept RR— mortgage 5s series AC series 96 % *96 Vb 100 % Jau-July First series II 95% *92% 96% _May-Nou First A 85 West Virginia— & series 4s Feb *44 38% 72% — 1955—.—_L. 1 income Jnne-Dec 33% 78 216 78 Bethlehem (interest 96% 102 and Beneficial 38 92 Mdr-Sept 68% 57% 86% 26 Mar-Sept 67% 56 % 21 June-Dee 68 34% 93% 101% — 1996— 68 (interest 95% 101 I 1 dile .Marcli M 95% 101 2000_: 4995 1 Series IC due March ■ April-Oct (interest __ 83% B Bell *35% 101 'A April-Ocf June-Dec 34% June-Dec 95 98 77 85 100 1980—Mar-Sept : Jan-July 29 36% 90'A 80% *78% 1064—i ser 30% 36% 101% 97 ' 30% Jnne-Dec 95'A May-Nov — Line Ry—- 51 40 19 - * 38 *55 100% April-OCt 1962 Fe— 48 — 101% 95 *92 1995— Air mortgage 4%s-4s Atlantic 117'A 96 Mar-Sepf — 3%s debs 1 . 116 VB 25 April-Ocf 1966 5s July 125 38 Qtrar-Jan mortgage 3%s 1963--^——— Coast Gen 4s 123 116 99% 98 % June-Dec July -1995_i &- Santa Charlotte & 95% 89 114'/a 101% 101% Feb-Aug 1995- 4s Stamped Atlanta 1,605 116 VB 116% 99 33% *35% 3 Corp— gold Products 81 101 (reg Associates Investment Atchison 117% 118% 1977_ 4s first 118 116% only) 1960 Anheuser-Busch Inc 3%s debs 1977 Ann 23 198 April-Ocf Nitrate mortgage 95 % 116% 95% 1962—Apni-Oct 1969 debentures 95 % 115 % June-Dec 19C3 1964 debs debentures 3s 38 56% May -Nov 69 102% 103 116 ___Feb-Aug debentures American Tob&cco Co debentures 3s First lien 30% 110 Mar-Sept Jan-July 2%s debentures 1971 57% Plan 1 102 1964—May-Nop Mar-Sept 5s 2030 37 2004 96 *101% 103 102 101% 100 *100 Feb-Anp s 1980 debentures S'western; div 1966 A 31 92 93% 38 June-Dec Plan 148 82 June-Dec 1966 April-Oct A 164% 90 *13 ..May-Nov ; debentures *34 1968' due 100 95 Ltd— of *49 to reduced 40 (interest 1946 Plan 1926 *37 Jan-July 2012 of pursuant Jan-July April-Oct (interest 1999_ to 2%) loan 4 100 91% 11%- A Feb-Aug A 78 159% June-Dec 11% *7% * 10 — Plan 148% 95% INDUSTRIAL April-Oct 1978 Feb-Aug A 1 89% May-No/j 1956—Mar-Sept 1964 Feb-Aug America of Pittsburgh Lake 2012 2.25%) 2004 stamped pursuant to (interest AND 1967 April-Oct Plan 69% April-Oct A 4 1953 sinking fund gold to external to 130 119 *87% debentures convertible debentures 56 8 2001 (State ofi loam of 1921 pursuant reduced A7s 2% ) pursuant reduced A6s A Sul external Stamped 1946 6%s pursuant reduced Rio Grande 3%s 2%s *10 April-Oct 2006 8s Plan 2.375%) secured 6 18 . *91 June-Dec 3%s debs Dye Telephone Baltimore Jan-July 2.25%) to 76 148 1978—Feb-Aug 1971 to Series J due Dec (City of) pursuant 54 164% June-Dec 1975— 56 stamped pursuant to Plan A (interest reduced to 2.375%) 2001 7%s 1966 stamped pursuant to Plan reduced 100 May-Nov 1961— 54 1961 Stamped 55% - 100 % (City of)— (interest reduced IA Rio de Janeiro 72% 49 72Va 31 — § A External sinking fund gold A 4 %s assented 1963 — 69 105 36% __. 1968 75% 159% 159 % May-Nov — 1986 127% 35% 1940 A4%s assented 1958 assented 72% *50 lAStabilization loan sink fund 7s 1947—April-Oct A4%s 75% 119 115% 1=960—Jiuie-Dcc series gold *99% Mar-Sepf Mar-Sept 1959 2nd. series of) 119 *71 May-Nou "_ 7s 64% 49 — 1979 debentures 98% 102 % (interest 2008 external 1 ~ 119% May-Nov 1937) of debentures Atl 127% 327% Mar-Sept 19j38 1968 extended 54 _Mny-Nov 1979- 2%s 101% 95% 100% - Mar-Sept 1963 (City) sinking fund 4%s 1955—.....April-Oct lAPernainbuco (State of) 7s 1947 Mar-Sept |A8s American 90 52 ' May-Nou 1953— to "5 71% 129'A 130 75% —Mar-Sept American & Foreign Power deb 4.80s junior debentures 1987 19'A 34 — *34 Mar-Sept 1957 Oslo Stamped 71 '/a 54 *52% 1946—Feb-Aug 8s readjustments Airlines 3s 18'A 17% ■ 36% 2008—-—, (30-yr 1 extended 106% 2%s debentures 1982 18'A *53 Development Co Ltd— extl & Boscli First loan 70% 60 68% — 18% *34 . due bond Southern debentures 3%s : (Kingdom of) 4%s 1956-; Mar-Sept sinking fund 4%s 1965 April-Oct sinking fund external loan 1963——Feb-Aug 3%s sinking fund external 1957__< April-Oct Municipal Bank extl sink fund 5s 1970_-Ju7te-Dec 6s due 1953 68% — American 3%s — *18% (interest 3%s 99 117. 103 *120 Mar-Sept z. 1955 to '26 American 16 Mar-Sept A 11% 94% 2%s 4s extl June-Dec external Mfg -2s Co 1(1 15% 1959„Mar-Sept 6%s Plan External Forto 16'A — 16 l958__Mar-Sept A 16 14 97 % 6Vb *117 ——. , 2%s 1963_j»n-j7tiy < Norway §A6s of) of Great Co 1922 1952 fund reduced to 2.125%) Netherlands (Kingdom of) Oriental on 1945 extended Aluminum Jan-July 6%s sinking ex'l Stamped - *9% *18% ofi 97 V4. 8% 4 9 Ltd— Co (dollar- Chemical 2%s l963_Jan-Jnfy to - (1942 pursuant reduced AFeru 17% (Stale)— Btamped 5Vas 17% *17'A — extl ASecured 1913 assented ASmall §AMilan (City Mlnas 16% 1 — of 97% 87 80 15% — 6s 141 % 86% .........June-Dec RAILROAD agree¬ ASmall lATreasury 16 % 127 % 9 April-Ocf April-Oct —Mar-Sept 1952— readjustment loan 1961 Alabama ./cni-July assented 9% *13Va Jan-July coupon conversion — June-Dec 1910 7 *85% Jan-July 1971 to 1963 extended (City extl Aluminum 17'A agree't.) ment) 1945 §ASmall A4s -- "I ■ 17'A *17'A —. 1954 new |A4s 17% — 1904 16'A rJune-Dec 1981 '12 Power 4-4%-4%s external Allied — agrce't), 1963-Jun-Jaiy ASmall A4s 9% _June-Dec 1958 1953__ (Republic) Allis-Chalmers * - (1942 16% 24 — ;•— —— - assented new 73 16% 141% 141 % June-Dec 1972—Jan-July Albany & Susquehanna RR 4%s 1975; April-Ocf Allegheny Corp debs 5s ser A 1962 May-No» Alleghany & Westprn 1st gtd 4s 1998„_—April-Ocf 1945—Quar-Jan gALarge § ASmall A5s _; 1961 „ i— assented 56% 15'A Alabama Power first mortgage 3%s — 81 64 15% 3%s external readjustment 1984 Jan-July Valle Del Cauca See Cauca Valley (Dept of) AWarsaw (City) external 7s 1958 Feb-Aug A4%s assented 1958 Feb-Aug 44% § ASmall IA 5s 75 3%-4l/n-4,r;)s external conversion 1978—June-Dec 127% 10'A — due SALarge 68 *57 Jan-July 1952 mtge s f 1945 External 89 64 Vb 18 L oh 1st fls due — 1968 (Republic 79 58% 1943—May-Nou 1943——- assented ASmall Mexico 1962 1957 to '27 mtge $ ser 3%-4-4%s Mexican Irrigation— |A4%s assented (1922 agreement) 79 75 Ltd— Co extended Electric due 143% 77% 23 79% *69 — 129 34 85% 78% June-Dec - 7s 3%s loan of External *16'/a 1957—/h)ril-Oct 7s 73 0 —May-Nov May-Nov sinking fund 6s 1960 AExternal sinking fund 6s 1964 92 78 6 142 % 126 127 May-Nov 1975 to Bank) 60% — AExternal 91V. ' 85 % 85% _May-Nov 1965 Mtge 91 64 Jan-July 1971 f s 1961 1st §A7s 7s 5 4'/a 80 52% 51% 51% 142 Feb-Aug 79 84 .__June-Dec extended sterling lAUruguay 43 36 *90 .1964—___. Power 1953 extended to I to extended (State 6s 89 *90 1J54- 63 91 *62% April-Ocf external external extl loan of § A6s 52'A — —June-Dec 1951— '24 68 *81 J an-July ._ 1958— § A With March 1 53% 21 52 % 51% 51% .Jun-Ju\y 7s of 56 Tokyo Electric Light Co I.td— 52 Mar-Sept - 3s loan extl due 93 43 98 51% 49 (interest A 1962 Council 1971 due § A5s 19% Works Public 1952__ 7s 1954 Jugoslavia 8% 53 (City of) — 5%s 20%' 10 5 98 —April-Oct (Imperial Govt) — A6%s 6%s 1960- 1947 (Kingdom Japanese 19 17 Utility Institute— S A External §Altaly f s B Public 30-yr gtd ext 7» of) (40-yr) due Tokyo 1 UJlgawa Consortium series Italian 8s 1952 (Prov Electric — f 3s 1977-2 s Credit „_Feb-Aug 56 53 Jan-July 1968 1952— extended to 1962 assented A5 %s 17% May-Noj; — external 6'/2s (Republic) 30-year ext ' due Taiwan 158% 98 49% (interest 1st mtge s f s County 99%' 96 — 154% 154% 154% Jan-July i960. to 149% — *99% Feb-Aug 1954.: to mtge gen *158% Feb-Aug 61 % Shinyetsu Electric Power Co Ltd— 82 \4 Greek Government— A secured A4%s 1944——— A A (Kingdom) series B 10'A "7 90% 76 (interest 2004— loan external 55 — 15 15 ..Jan-July High 75 — s Jan-July —Mar-Sept Plan 2.25%) dollar A 1956 to secured 65% Power— series mtge loan A 8s 82 ~1 65% Low A 1999— Plan 1999 Serbs Croats h Slovenes 101% Plan Jan-July water to external 62 — 65% 2.5%) to A7s 91'A *52 May-Nop to Stamped pursuant to Plan reduced to 2%) 2012 102 100 21 1976— 1967 29% 100 >A 1976_. ..Jan-July fan-July 1 1 Jan 7s external Sydney Great 7s bonds (Republic 41'A *36 __ 3%s extl to 2.5%) to reduced A 6s —April-Oct Denmark AEstonia 4 44 Range Since Jan. 1 No. 75 . 1950 Stamped pursuant 44 Sold (interest 2012 reduced external reduced to reduced (interest to 1960— *89 Bonds High .May-Nov pursuant Stamped pursuant Cundinamarca (Dept of) — 30-year 3s sinking fund $ bonds 1978_ Czechoslovakia (State)— 2%) to stamped (interest 161 99 % 98% April-Oct Range Friday's Bid & Asked (State of);—' 1936 93 100% lOOVa 99 Vb 8s 63'A 62 Paulo 8an — 100 'A or May-Nop extl secured sinking fund 1957 May-Nov Stamped pursuant to Plan A (interest 100 49 VB 17 52% 52% Week's A6V2s 100 98% , (City of) 6%s 1952 (City) 8s 1952 Paulo Stamped pursuant to Plan A reduced to 2.375%) 2001 8 98% ._April-Oct ..Jan-July - § A Rome 35% (Republic of!— v A6s Sale Price Low 58% 1 6 % 6 % Last Period High 55% *38 Interest New York Stock Exchange Low No. *61 „Mar-Sept 1960 Municipal 7s BONDS Range Since Sold High Low ^Chilean NOVEMBER G ENDED Friday Bonds Friday's or Bid & Asked Sale Price Period New York Stock Exchange WEEK FOR Week's Range Friday 1961 *75 April-Oct 71% — 77 80% 99 96'A 95 V» 100 % 98 82% 101 73'A 79 77 70% 71% 33 70 77% 57 58 17 55 62% Volume 178 Number 5271... The Commercial and Financial Chronicle (1795) 31 NEW YORK BOND RECORD RANGE Friday BONDS Interest Period New York Stock Exchange Last Sale Price April-Oct Brown Shoe Co 3 '/2s 1976 debs Jan-July Jan-July 1971 Niagara Elec first mtge 2%s 1975_Map-Nov Buffalo Rochester & Pittsburgli Ry— Stamped modified 4J/2s 1957 -—May-Nov Terminal Co Bush Terminal A 5s Cons 5s 1955 Jau-July Buildings 5s gld 1960 general mtge income _ '101% Jan-July Sold 93% 104% 83% __ 99% 102 94% 5 99 94 94% 17 89 86% 88 % 19 81% 96 % Guaranteed - gold Guaranteed Canadian 4% Capital 4%s Ry— debenture Airlines debs 4s gold 100% 101 6 103% _I 79 98 103 79 A June-Dec 1956 76% (perpetual)-.! & Ohio 4s Celanese Corp 3s debentures debentures 1976 Corp 3'/4s 3%s debentures (1947 U of Georgia First mortgage AGen -Jan-July P issue) 1st Pacific York 4'/2s Refund Refund and Refund and & div A Second 1995 A ret 2020 3%s series B deb & 1968 3s 1965__ gold 4s 4s 1989 inc 103% 103% 103% 54 99 97% Q4 101% 105 inc 5s conv 5s 1997 *=■62 69 98% 93 60 98% 93 93 10 , 92% 2 91% 69 A ser Jan 98% 96 101% 98 57.% 100 98 -93 91% 80% 80% 81 82% 82% 69% 70 54 10 75 1 81 62 96% 98 90 % 99 97% 75 51 62% * '100% 101% 98 98 98 96 103 & Co 119 118% 119 97 % '97% 103 , 98 11 New 1980_ 89% 99% 4s 99% refund Essex 103% 103% 104 18 100 92 3 90 & 94% 94% M 88% 79% 80 % 66 77 tr 4%s & mortgage and coll mortgage 1st mtge 76% 74 84% 110 116% '114% 126 Jan-July 81% 82 9 78% 95 72 April 72 1 72 Denver Ian-July. 65'% 65% 1 63 72% 60% 60"% 1 60 100% 100 % 100% 12 99 mortgage contingent 97% 69 69 70% 12 69 80% 58% 58% 59 42 57% 67% 92% 99% 1 1999—April 57% 56% "13 5 58 144 56% 73 __ 64 77% Income 90 96% 88% 93 72 70 78% 67 78 R.y— 1% 101 101% 22 95% 93% 100 T 4%s .—'—Map-Nov Elec 1st mtge 2%s i975_Apri/-Oct mortgage Financial Cities Service Co 3s series f s G debs 1977 Cliic & Electric St & Midi first First mortgage 3s mortgage 2%s mortgage 4%s Columbia Gas 3s 3%s Line debentures debentures 3%s Div coll 1st Columbus & Toledo refund 104% *96% 98% 96 99 82 % 78 85% 82% 94% Jiiw-July 82% '100% 72'/a 1991—Jan-J7tl?/ l990_May-A/ow 95 59 ref mtge 2%s & ref 3%s Gen & ref 1961 April-Oct B June-Dec 1975 71 % 100 — 72 % 55 63 90 90 3 100% 101 10 *95% 93% 13 69% 61% 88 ' 95% Elec 3%s first external 104 79% 69 92% 102% 93% 92% 100 93% 99% 99 105% 98% 99% 101% 3s series I. 3s series N 4s April-Oct 97% 3%s 97% 94% 103% 95% '95 99% 95% 90 27 '99 % 102 *102% 97 91 96% 99"% 97% 92% 100 93 % 100% 102% __ 102% Second gold Detroit Tol Dow 4s 1977— Feb-Aug 1978—... debentures Power 1999 1999 93% 98% 98% 90% 99% 90 99% 86 97% 88% 82% 91% 90 81% 92% 101% 104 % 11 June-Dec April-Oct April-Oct II *92 88% -April-Oct 89% Feb-Aug 102% 93% 89% 2.35s subordinate series 4%s RR 2%s ser 2%s Co mortgage 1st mortgage 2%s 1st mortgage 3%s 2%s 1982— Paso 5s Erie Southwestern & stamped first 1965 Railroad 1965 A 1961 4%s inc Tire Rubber & debentures debentures 3 %s ^Florida East Coast A First debs 1961 95% 102% 6 86 3/4 94»A 1 94% 993/8 100% 100 y4 1 92 y2 100% 93% 20 85 '/a 94 % 103 103 V4 26 95% 1043/4 3 100% 107 13 1213/4 1443/4 99 100% 93 % 99 '913/4 107 107 107 144% 143 1443/4 '68 68 75 '68 103% 71 71 100 V4 25 103% 103 % 76 *83 96% _5 93% 101 % 101 % 123 943/8 96% 101 % 94 % 94 % *92 *— 73 71 104% 833/4 96% 109 88 95% 92 4 941/4 931/4 93 96 *98% 102% 103 1033/4 105'/a 134 __ 1033/4 1033/4 *134% 142 135 97 *100a/4 1013/4 103 104 109% 105% 107% 108 71% 71% *— 109%. 70 42 72 81% 943/4 *79% 83% 76 97 82 Va V-* 933/8 99 34 96% 83 *„ 9f3/4 76% 99 *83 Map-Nov Jan-July first 1959 1974—Mar-Sepi Denver & : 94 *101% 893/4 89'/a 1013/8 94 89 5 100% 94% 23 100'A _ — 90 94 y4 102 83 % — 983/4 100'A 104 V* 111 — 101% 1023/4 Co— Ry 1982 4%s 101 100 -June-Dec mortgage 4%'s 1013/a Map-Nov *102% Map-Nov G General Foods Corp 3%s debs 1976^. 104 V* 103% 103% —Jan-July 4 98 103 % 103 7/a 115 101 104 •102% 102% 202 101% 103 General Motors Acceptance Corp— 4s debentures 3%s debentures A4s Realty (B F) Northern Jan-July 1961 102% Corp— debentures Mar-Sepf *93% 1965—Map-Nov 97 s/8 1969 first mtge 2%s Co 103% Mar-Sept j.___ Utilities & income conv Goodrich Great 1958 series C General 5s General 4%s Geneial 1973.; mortgage seiies Jan-July 1976, D 3%s mortgage 2%s series P Jan-July 1982 Jau-July General mortgage 2%s series Q 2010—„Jau-July General mortgage 2%s series It 1961—Jau-July AGreen Bay & West debentures ctfs A Feb and General First 3s Ohio 1st 85 99% inc trust 3%s 102 1121% 90 80 85 773/4 __ .76 85 * 75 93'% *72% 20% 693/4 89% 90 85% 75 Va 91% 96% 73'/4 — 20% 75 12 29 April *87% 20% 83 V2 \ 91% 99% 95 102 75% 76 72 82 Jan-July 1st mtge __ 101% 99% 75% *96% 1976—_Mup-Nov *90i/a 1968 2%s 3s 2044 Jan 96 3/4 :T00 1969_Aprll-Oc£ __ 97% 97% — 84 'A 92 90% 97 y» —April-Oct 1978 *97% 100 Jau-July 1969 debentures 112 *92% Jan-July 1975 series D series B 4s 3%s mortgage 1163/4 *73% —Feb ; mortgage 2%s 1975, June-Dec -June-Dec May-Nov June-Dec 2%s 1980—__—— mortgage 3%s 1981—; mortgage 3%s 1982 First mortgage 1st 97s/a RR— refunding States Utilities First B refunding 4s series B mtge Collateral Gulf 95 108% *94 % mtge inc 5s series A July 2015—_^_April and General certificates & "3 114% 1141% *89 Va 1990—Jan-July N mortgage 3%s series O 2000 Mobile 975/8 112 114% -Jan-July : series General Gulf 93 96 Ry Co— 101% 102% 38 Hackensack Water first mtge 102 refunding 3s series D and refund mtge 3s series First and refund mtge 3s ser G F 1981 1963 Bait Lt E Power 1981 100% Jan-July Jan-July 93% 99% 10 93% 99% 93 18 97 99% 1986 fund 5s first AAdjusted income 5s Feb 5s 94 102 102% A 1957 72 121% 147 90% 22 89'/a 105 523/8 85 51 18% 18% 19 y» 103 173/4 317/a 92 3/4 92 34 £3% 5 85% 93% 92 y2 99% 94% 973/4 92% 102% 1 95 105 Illinois 96% 104% 1979—May-Noo Consol mortgage 5%s-3%s series B 1979_May-Nou Consol mortgage 3%s series C 1974—„May-Now Consol mortgage 3%s series E 1982 Feb-Aug Refunding 4s 1955 * May-Noo Refunding 5s 1955 May-No» Debenture 4%s 1966 Feb-Aug Illinois Terminal Ry 4s series A 1970—T__Jan-July 140 163 100 % 100% 100% 102% (Bait)— fan-July *94% _i. 96% '94% 96% 89% '107 VB 96 88 II 115% 116 98 93 '93 93 104% 57 105% 102 % 120% 144 147 643/4 I 1 163 953/4 51% 101% 101% 163 90 117% 89 22 90 101% 101% June-Dec 86 3/a __ 106 91% 52% Mar-Sept Feb-Aug '103% 104% 91% Feb-Aug —June-Dec 1962_Juue-Dec 1957 Map-Nov . 97% 91 *116 9iy4 April-Oct A ser ~7 June-Dec ;<:•» Manhattan 99% 89% & Ry 97% June-Dec 1967 99 '95% Feb-Aug April-Oct X 1983 nape 99 1979_Jau-July Jan-July 1981 ser 93% April-Oct T 1976 f 2%s 90% __ City- 1954 & Mar-Sept ... 1983_ I debentures '90% York— ser II 1982 3%s seiies mortgage 4%s Valley *90% 1976—Mar-Sept 2%s and «ee 8 94 April 1964_April-Ocf Jan-July : First Vnr fnnf.not.es — 99 % refunding 5s series A and Worth 1st 3s 1977 First debs II 93% April-Oct 1972 ~ Hudson April-Oct 1972— ^.May-Now . F Firestone Hudson Coal first sink conv „ 90 99V8 1971—Mar-Sept 95% 3%s '88 2000—. Jau-July 91% Y — 93% G 93% ser — 99 Vb series 91 3%s 91 94% 3%s first mortgage 3%s 84% 1st ref M 83 y2 94% mtge Division 83% ser 91 % 71 87% consol First Ohio 95% s 85 91% 1990 92% ref mtge 1 *'923/8 F *94% 1st 90 98 series '91 1st ref M 2%s ser U 101% 80 3%s l972_Jaue-Dec fst ref M 2%s 97 1 mtge J982 El 29 81% consol 1977-Apn'Z-Oct Gas 101 81% 2015 Jan A ser First consol mortgage 3%s series E A Consolidated 100 j C 1965 New of 102 y. April-Oct . Co— Mtge 5s B General 95 84 East Tenn Va & Georgia div first 5s 1956_May-Now Edison El 111 (N Y) first cons gold 5s 1995_Jan-JuIp Elgin Joliel, & Eastern Ry 3%s 1970—Mar-Sept ser Consolidated Gas Co —— 39 99% 100 3 Mar-Sept. ser convertible - 94 Feb-Aug ■ 2%s ser 3s «•«*• April-Oct 1979 1980 mtge ser 99 y8 101 98% 24 98 863/4 Feb-Aug refund 3%s 99% «... 86 3/4 86% May-Noo 1077 and M 99% *94 86 Jan-July First ref 95% 98 90 June-Dec 1961 mtge 2%s ref M 101 June-Dec 1982 mtge 2,%s & 87 93 8 94 3 Map-Nov B 1976-Mar-Sept refund & 34 89 1961 refund 1st 94 Map-Nov 1988 1995 and 1st 34% 26 — June-Dec M 1958 gold 4s and 1st & ref M 3%s 99 % Jan-July First of 94 *97 — Nlay-Nov debentures 1st . Hocking 3%%) Edison 29 88% June-Dec First Consolidated 99% — I I debs Light 1993 f)rst 4%s 1999. Household Finance Corp 2%s 1970 Houston Lighting & Power Co— 3%s (conv after 7-1-53) 1967 (now *26% 27% 35 253/4 H 3%s Cigar Corp— Debentures 21% 26 5 Jan-July 1995 & Ironton Chemical 3s First Salitrera—See River 11 40 April series lien first Anglo-Lautaro Nitrate Conn 22 28% 97 31% (4%% 1976 Detroit Terminal '& Tunnel First 95% .99% 1970—May-Sept 1955—Feb-Aup 27/8s s f debentures 200F_ Consolidated 94 — 86 *933/4 1982__May-Sep£ «j 1985— Mar-Sept debentures Mack & A Debenture Co- mortgage i debentures 95% 36 Mar-Sept General 93 __ '102% 104 99% Feb-Aug , 1977——— — 1979_Jan-JnIp 1970 ser K ser mtge convertible General 62% _I Mar-Sept 1975 A Edison 34% 1977.June-Dec 1993 2%s seiies 98% 100% 96 % Jtu/e-Dec mortgage Compania 92% 64 Inc— C *91 IOI3/* fixed 3sseries H 96% 15 104% 96 94% June-Dec Ohio fund 86 97 % 98% 104 — First s 93 % 103% 86% 1970 gtd 4%s 101 % 98 June-Dec First 2%s 4s 3s 1986 ser South sinking 4s trust Corp series & '94 104% —June-Dec first series Columbus 3s 95% 92 *. 1977—Jan-July 1966 debentures' Commonwealth 89% Ry— 1985— System 3s 3 June-Dec 1961, Louis 1982 & Iron debs conv 95% 95 June-Dec Illuminating 'First Short 106% '93 Jau-July iinpt 4%s series E St Louis Division First 101'/a June-Dec I960 debentures 4s Wab Colorado Fuel 21 101% 101% April-Oct : Jan-July debentures Cincinnati 103% 96% *30 -- 99 100 fixed contingent interest) and & Fort — 2%s Refunding and Cleveland 95% 105% 91 15>69„IFeb-Aug 1974 IFeb-Aup General gold 4s 1993 General 53 series B 1993 Cleveland 95% 105 Jan-July 1960 City Investing Co Cincinnati 105% E Corp 2%s Itl59_^ City Ice & Fuel Cleveland 1978 3%s series 2%s 49 RR— (3% (3% Gen 2%s 15)82 A ser 99% 100 Co— Terminal— debentures 93% — 101% 102 April-Oct 1985 2018 103% 6 I 96 3/4 1053/8 Lake— Gen First >71 101% 4s ; 20 89% 103y4 '73% Map-Nov 1980 series-A mortgage Detroit Edison General „ Jan-July First 10 46 E 97 Jaw-July "2%s *99 127 Map-Nov 1985_ 3 Western interest Denver & Salt 102 6 97% 1963 Union 11 963/4 — Map-Nov trust, 2%s contingent interest) Income 71 mortgage 2%s series G mortgage 105% May 1973 2%s mortgage series A Duquesne "I trust Rio Grande & First 85% 10 mortgage" gtd 10% 953/4 22 — 1973—Map-Nov trust 3%s and coll coll & A ser Light 3s First 103% 6 67% First 103% t, mtge & coll Power C May 1 2042 tr 5s ser 3s 67 Cincinnati 102% , 1st 96% 55 series 5s __ 67% Gas & 100% 95»/4 __ *104 High 95% Div due 1993— division mtge & coll Delaware 97% '93% Jan-July Map-Nov 1963 Wetesrn & 1st 105% 92 RR— RR _Feb-Aug Pennsylvania Division— 112% 112 Jan-July First Low Jan-July 1965— extended Lackawanna mortgage 104% 1963 Cincinnati Jan. 1 No. 28% • June-Dec 1982 Collateral trust 4-6s 100% 32 76 % —— series 1975—April-Oct 1978 1977—i Hudson & York First and El Southeastern 1994 A debentures AIncome lOOVa 99 Jan-July Pacific mtge Range Since Sold Delaware Lackawanna & Western RR Co— 120% 89 98% 103% 108% 89 Station— trust June-Dec series 3%s 2%s debentures Delaware 99% F coll _Jan-July June-Dec 98 % mortgage- 3%s 1st 1970— April-Oct 102 First C mortgage 75% 54% Jan-July & Chicago & Western Indiana ' 30 1970 mortgage" 3s 3%s 90 45 54 6 refunding mtge 2%.s-4%s l<)94_JUu-July Union 36 June-Dec 85 First Chicago -- June-Dec 1970 98 80% 1989 A Income- 2%s-4l%s 1970— B First 105 76% 2038 & ser A ser June Deere 98% April 1088—: 1 mortgage conv inc4%s Jan mortgage 3s series' B Haute ser 4s 4s First 98% Western Ry— 2%s 4s ref Dayton Power & Lt first mtge 2%s First mortgage 3s 1978 106% Jlfay-Nov May-Nov 1985— 1982— 4s 4 %s Chicago Rock Island ref & AImp & equip 4s QQ '103 2019—April 2044—April Chicago Terre & Detroit mortgage 4s series A 1994 General mortgage 4%s inc ser A Jan 4%s conv increased series B Jan 1 Chicago & North mortgage lien Bonds — June-Dec 106 % RR— mtge 1970 lien General First First and 1 '100 April mortgage 4%s inc ser A Jan 2003——April Chicago Indiana & Southern Ry 4s 1956—-Jan-July Chicago Milwaukee St Paul & Pacific RR— mtge 104 Jan-July A 2nd 1st 106% Jan-July- . 1989 Chicago Indianapolis & Loidsville Ry— A 1st mortgage 4s inc series A Jan 1983 First 103% — 102 mtge 3'/as 1966 Map-Nov Ry— ; * mortgage 4s (1942 series) 1% Mar-Sept Chicago & Erie 1st gold Chicago Great Western Second 6 -104% Feb-Aug Feb-Aug Jaw-July 1958 mortgage AGeneral 104% 98 refunding mortgage 3'/m.s 1985—Feb-Aug refunding mortgage 2%s 1970—Feb-Aug mtge 3s 1990 Feb-Aug AGeneral 1st 953/4 — Map-Nov A 1st Quincy RR— III Jan-July April-Oct A 1st • consul 1965 1976 1977 First First mortgage 3%s series'B - 103% April-Oct 1974 1992 Chicago & Eastern . 104 May Jaw-July 1974 3s 0'/2s series A first 4s First and 1st & Jan-July 2020 May 1987— 1__. 3%s consolidated gold First and 104 J— Chicago Burlington General 104% _I Mar-Sept impl M 3%s series D 1996„May-Noa iinpl, M 3'/2s series E 1996—Fc'b-Aug impl. M 3%s series II 1973—June-Dec and debs debs Morris Champion Paper & Fibre Chesapeake & Ohio Ry— General 3%s f s A 1st R.y Co— mortgage 3%s 10% Mar-Sept Jan-July Northern A 1st 107% 1948— June-Dec 1960 gold 4s Power First and refund First Co Aprll-Ocf mtge 2%s 1975 1983: High *1053/4 Cuba RR— 106% II 1 Central R April-Oc£ 1 New 97 104% __Feb-Aug __Feb-Aup Jan mortgage Crane 95% 103 % —April-Oct 1980. Jan Central i 1965— B General first 3%s Can 9 Fcb-Aug A N mortgage Range Friday's 100% 100 % Cuba— Baking 3s debentures 13 Ry— 4s series of 1st of debs (stpd as to payment dollars) 2001 S Dayton Union Ry 3%s series B 1965 mortgage 4 '/2s series RR Co U Continental 105% 106% June-Dec mortgage 4'/2s series AGen Central Railroads inc cum in or '98% 100 Map-Nov Continental 86 April-Oct June-Dec 105 106% 106% 1965—Mar-Sepf debentures § A Central Branch Central 1968 1978 A 3s 90 105% -Mar-Sepi mortgage guaranteed 4s 1981 (J 1) Co 3 '/2s debs 1978j 3'/2s 2%s 1976 Consolidated Week's Bid & Asked Low Gas 101 i06'/4 ' First Celotex Natural debentures 94% 85 % 96% Last Sale Price 3%s debentures 102 89 % ssgs Period D Carthage & Adirondack Ry— Case 3%s Cuba *92 Feb-Aug I960—' Clinchfield Interest Exchange * Inc— series Jan-July 1955 Pacific consol Carolina 1957 4%s Consolidated Consumers Power 88% ioi Friday BONDS Crucible Steel Co of Am Electric Power first 3s 1976—.Juue-Dec California Oregon Power 3'/8s J974 ___May-Wo« Canada Southern consul gld 5s A 1962 April-Oct Canadian National Ry— 4V2s 6 High 96 % 96% 25 California gold NOVEMBER New York Stock Low c Guaranteed ENDED Range Since 96 % 102 WEEK Jan. 1 No. • April-Oct 1982 High Bonds 99 % '91% Jan-July Buffalo Bush Friday's 98% FOR Range Bid & Asked qgi/n 1969—Mar-Sepf mortgage 27/8s mortgage 3s 1980 1st or Low Bristol-Myers Co 3s debentures 1968 Brooklyn Union Gas 4s debentures General Week's Illinois Bell First Telephone 2%s series A 3s series B 1978 mortgage Central Consol 1981—Jau^July *97% June-Dec 99 — RR— mortgage 4%s-3%s ser Indianapolis Union Ry Refunding and imp A Co— 2%s series C 1986—June-Dec *11 *96% 98 «/2 98% — 94 y2 —— . 98% *1033/8 1033/4 96 95% 100 3/4 103 y4 '100 Vb 1007/8 104 y4 1053/a 1053/8 1023,4 18 105% 107 10234 103 24 100 104% *88 3/a *90 90 — 85 y8 90 Va 91 81 32 The Commercial and Financial Chronicle... (1796) Monday, November 9, 1953 NEW YORK BOND RECORD RANGE Interest Period BONDS Last Sale Price New York Stock Exchange or 1st 3V*& Co High Low 102 V2 103 21 "99 — — New York Stock Exchange New Jersey pQwer & A First series 5s A First 3.65s 1956- B gold 5s series International Minerals subord conv 1952 109% New Orleans Great Nor 97% 101 New Orleans Terminal 1956 C Chemical & 102/4 120 Interstate Oil Pipe 3'/as Interstate 3s mortgage 62 103 103 1 98 "lOOVi 102% — 98 V2 100% 100% Jan-July 85% 85% 4 94/8 7 80 89 100 Mar-Bept 1977 series A 100 5 100 112 A 113 — 96 — & 91% 92 9 95 1976—Afar-Sept Light 27/as — 107 First 1st 1st inlge 4s ApriZ-Oct 1990 City Power & Light 2:,/4S 1976 mortgage 2%s 1978 2%s mortgage Kansas »gl AFirst 5%s — 87% Y Central 1975—April-Oct First mortgage 3%s series B 1968 June-Dec Kansas City Terminal Ry 2%s 1974 April-Oct Kentucky Central 1st mtge 4s 1987 Jan-July Kentucky & Indiana Terminal 4%s 1961—Jan-JuZy Stamped 1961 Jan-July Plain 1961 Jan-July 4'/2S unguaranteed 196R Jan-July Kings County Elcc Lt & Power 6s 1997 April-Oct Koppers Co 1st mtge 3s 1964 „—April-Oct JAKreuger & Toll 5s certificates 1959 Afar-Sept 94% 9i "" 103% 104% 35 ojOO 96% 98 96% 96% 15 51% II "105 % II 100% "50% 95 104'A cqgi/o 47% 104% "95 12 99% 145 96% 53% 95 99% i5Q i61 -i ofi inn% 2 20 1 3% J/a 1% /a mortgage Harlem River Lakefront First Dock & RR rnlge sink fund 3% Lake Shore & Mich South 3%s registered Lehigh & First & ref 1968 5s -- — "" " — — ao/8 oi no UJ A ser 1970_April-Ocf 1964—. —Feb-Aug 1974 913A 91A Q13A 91A qi3A 91A O 2 ro 77. i3j 7, 0H • 1984 Lehigh Valley Railway Co (N Y) — First mortgage 4'/2S extended to v ok Feb-Aug 1974 85 Series A 4s Series B 4'/2S nc 1/ aiv* 85 /2 1 , on 1/ oqia 8.,/4 o 3 no 78 N q,v 91/a 8U/4 93/Si Series C 5s ASeries D fixed 4s E 4Vis ASeries F 5s Lehigh Valley interest ,f'(> Afay-Nov 2003 oHi 2003 May interest 2003 contingent contingent interest Terminal May-Floy 2003 May rq Electric 7s series 3s Co (Pi 3s debentures 3%s Louisville & A 1952 91i/. 1976 lov 1 911/. fifl/2 83i/2 — debentures 109 109 7 oinn 1UU ioa 1UJ — V /yy* ; 1st Y 1963 April-Oct iaT 101 April-Oct F 2003 ser ApriZ-Oct refund mtge 2%s ser G 2003 First & refund mtge 3:,/4s ser H 2003 iam3/ ini . J0074 }™ " "a 6 "" 103% 92% April-Oct Louis AL1 Div second gold 3s Knox & Cincinnati 1st mtge Elec 3VbS Div 1st 78 74% 86% 76% 92% 92% "99% 101V4 1980_—Mar-Sept 4s 1955 mtge 2%s 89% Afay-Nov 29 69 70% 4 68 74 60% 2 57% 66% 64% 90 ,0 " 10 101% 107% 101/4 1UJ/4 Feb-Aug 17 ll "" aqc 62 61 •»" - 61% 15 58 % 3 95% '«*.<*• ♦94% •86% __ ; 89% 86% . 57% 10'q 4s mtge Mohawk 83% 3 82 78 78 1 72 79% 84 — 80 83% 67% 67% 156 65% 75% 58% 59 167 54% 68% 36 100% 100 ,V 100ft *— 102 99 • 6% 6% 5 6% 2% 2% 2% 13 21/2 5 86% 4 Q4 04, "62% 103% 68 105 80 11 80 86% 60 61% 92 58% 70 50% 80 50% 2 49% 61% Jan-July 92% 92% 93 5 86% 94 1&84 Power mortgage "98% "94 Jan-July __ Pacific — — — 94%. 101% • 89 — 98% 105 98 % "106 105% Corp— 2%s Jan-July 1980 88% _ 90 — — — 16 99% 116 1 105% 116 95% 95% 104% 105 105 120% 106 27 104 106'/4 • 107% 107% 108 101 '106% 110 _ 107% Ry— Quar-Jan 1977 105% Quar-Jan __ Quar-Feb 73% 105% 105% '102 74% Quar-Feb 69% 97 106% 93 102 64 69 % A 2047—Jan-July ser 36 49 102% 73% 97% Collateral U'llijt 4'^iS 11>75 Power Co— 98 % 61% 91% 101 97 105% 96 106% 104 104'/, 104 104 Mar-Sepl 75% 1 18 104% 5 103% 104'/a 39 2 101% 71% 105% Northern States 107% 10,J% (Minnesota) first mortgage 2%8 1974 ™ 93% Feb-Auf 92% First mortgage Northwestern qq ya 1979_ 3s 93 82 94% 85% 94% 92% 95 94% ^ 95 92 "89% 102% ~ First mortgage 2%s 1979 Feb-Aup First mortgage 3%s 1982 Junc-Deo (Wisconsin) first mortgage 2%s 1977—ApriZ-Oct 101% 103/2 /4 ~ 10 50% Refunding & improve 5s series D 2047—Jan-July OQ3/ — 61% 100% ...f- 61"% muz 94% 8% 3% 94 _Jan-Juiy Jan-July or v SS* *2* R0V« 64% 103% 103% 102 99 6% Refunding & improve 5s series C 2047—Jan-July inn 100 95 67% April-Ocf Jan-July Jan-July 104 84 89 59 Mar-Sept 1982 General lien 3s Jan 1 2047 3s registered 2047 Refunding & improve 4%s ini qr% ya/s 100 •82 — —Jan-Jxnj 1994 ser G 4s registered 112% qq yy 87 96 — — 88 89 82 —— 88 98% 86 18 87 64% 92 ' 66 56 — - 87 •96 88 78% 55% 58% ; Jan-July Prior lien 4s 1!)07_ 1979—May-Noa 1982 77% •84% Apr/7-Oct St 72% 68% 103 •57% May-Hoy R5 "94'/ Afar-Sept First & Louisville Gas & 62% 185 77% May-No* Telephone 2%s series D Northern 94 A"; —June-Dec 1978 mtge 3%s 135 69% 70% Norfolk & Western Ry first gold 4s 1996—April-Oct Northern Central general & ref 5s 1974 Mar-Sepf General & refunding 4%s ser A 1974 Mar-Sep* Northern Natural Gas debs 4%s 1973 May-Nov fill/ 6 ' Nashville RR— First &, refund Tail a n\ U ' nail June-Dec 1976 debentures 64% 76% 1- Ry— Long Island Lighting Co— 1st mortgage 3r!i.s ser D Lorillard TaV /8 ' First mortgage 5s extended to 1979 April-Oct Lexington & Eastern Ry first 5s 1965_( April-Oct Little Miami general 4s series 1962 „_May-No» gALombard -7 cq cnVv 102 60'/a ™ 2 ool/ el 1/ 7a 64 1/ /4 May 92% 69 "93% Afay-Nov 2003 99% 104 63% 76% April-Ocl Corp first 3%s 1963 General 2003 interest contingent interest ASeries Steam 101% 95 69% 3%a 1998 Light first mtge 2%s 1975 Ref mtge 3%s mortgage bondsinterest fixed & 99% 3 76"% 1997 1973 A 91% — 64% ' Refunding mortgage 3 '/as series E 1978__Feb-Aug Refunding mortgage 3s series F 1981 Jan-July q->ia 00ja 80/4 I 93% 97 93% Chester— Port ser 96 102% 93% RR— 1st & cons mtge ser A 2004 AGeneral mortgage 4%s ser A 2019 .p qiS Y Term nn 85 /2 Jan-July Power Niagara fixed 4%s 102% 93% N Y Susquehanna & Western RRr- 963/. 96% „ Feb-Aug to • N Lehigh Valley RR— General consolidated Feb-Aug April-Oe* April-Oot N Y & Putnam first consol gtd 4s 1993 N Y Stale Electric & Gas 2%s 1977 ~~v conv June-Dec mortgage 5s extended & 92% "" Lehigh Valley Harbor Term Ry— First , Co— stamped 1998 3%s 105 92% — Y Ontario & West ref 4s June 1992—Mar-Sept AGeneral 4s 1955 June-Dec NY June-Dec gold 3%s 1997—June-Dec sta nped ref 5s 97 1 1997 Sinking fund mortgage 3%s Lehigh Valley Coal Co— First •, A ser & Navigation Coal •92 JAN ■ Terminal- 97 6 2 —' First mortgage 4s 1954 1st mtge L 95 Feb-A*f Mortgage 4s series B 2043 Jan-July N Y Lack & West 4s series A 1973 4%s series B 1973 May-No* ^ Y ^ew Haven 81 Hartford RR— First & refunding mtge 4s ser A 2007 Jan-July AGeneral mtge conv inc 4%s series A 2022—May 111 % inn 100 „ April-Ool N Y & Harlem gold 3%s 2000 Mortgage 4s series A 2043 103 991/8 ♦ 95% 95 •— River 96% 103 — 98 JJ J Connecting RR 2%s series B 1975 100% 98 Hudson High 94 __ 95 Feb-A*§ 3%s registered 1997 Lake Shore collateral gold 95 ~~ 090 103% & Low 100% ApriZ-Oot 4s series A Jan. 1 No. Ry— 1954 series A Rango Bine# Sold 96% "103% Jan-July Jan-July Feb-Aug 3%s registered 1998 Feb-Aug Michigan Cent collateral gold 3%a 1998—Feb-Aug 3%s registered 1998 Feb-Aug' New York Chicago & St Louis— Refunding mortgage 3%s series B 1980—June-Deo First mortgage 3s series F 1986 April-Oct 93 85% June-Dec June-Dec 1980— City Southern Ry 4s ser A Mexico 8c 1954 B Refunding & impt 4%s series A 2013 Refunding & impt 5s series C 2013 — 84 943/. 1977 "95% __ Bonds High ACertificates of deposit New York Central RR Co—1 100% 88 _ * June-Dec Friday's ACertificates of deposit 90 K Kanawha k Mich Kansas 1983 5s A 3%s Certificates of deposit AFirst 4Vis series D 1958 General 1959—June-Deo 1st 4s Clear Jersey Central Power 8c or Bid A Asked A J Franklin Texas series 5s Mar-Sept —Jan-July May-No* Certificates of deposit AFirst 5s series C 1958 Consolidated Jan-July 1978 1980 Last Sale Price A N Jamestown Orleans AFirst 79 Co— Power 1st mortgage 3%s 1st 51 Line Co— f debentures s 77 Corp— 1977 debs Rys Central America 1st 5s B 1972—May-Nov Inter 3 74 75% Llght 8a im 96 Vi tNew 110Vi 110% Jan-July April-Oct Jan-July Jan-July 1952 §AAdjustment 6s series A July Rang* . Period Low High ^International Great Northern RR— § A First 6s series A . . Interest BONDS Slnee Jan. 1 No. Mar-8ept 1982 G Week's Range Sold Afar-Sept 1972 debs mortgage 3.20s series I NOVEMBER ENDED _ Bonds Friday's Bid A Asked Low Inland Steel WEEK FOR Week's Range Friday ' T 90 Mar-Sepl Bell Telephone— 2%s debentures June-Dee __ Mar-Sep* 1984_ 99% 86% 92% 91% 100% M Macy (R H) & Co 2%s debentures 1972 Manatl Sugar 4s sinking fund Feb 1 Manila RR (Southern Lines! 4s 1959 May Dept Stores 3'/4s f s 2%s debentures debentures o Afay-Nov .77 Feb-Aug McKesson & Robbins 3%s debs 1973 Afar-Sept Corp lirst mortgage 3s 1966 June-Dec Metropolitan Edison first mtge 27/as 1974—May-ZVou First mortgage 2:1/4S 1980 Feb-Aug Michigan Bell Telephone Co— •10 3'/as debentures 1988 % "98% mortgage 2%s 1969 mortgage 3%s 1969 pe. Afar-Sept 37/bS sinking fund debentures 1967 Minnesota Mining & Mfg 2;,/4S 1967 9a/2 95/2 98% 94 „ Minn St Paul Saulte & St 72 Missouri Kansas & Texas Missouri-Kansas-Texas Prior lien 5s series 40-year 4s series Prior lien ACum — first 4s 1990 1962 June-Dec Jan-July Jan-July Jan-July 1967—.April-Oct 1962 4V2S series D adjustment 5s ~7 on 3 — r.- eq co 1/ 1978 ser A Jan q7 qi ♦ AGeneral AFirst refunding 5s series A oa .—Afar-Sept qT y 4 oqiA 74% li/a a 4 q,,3A 73% 'J/2 95 Va refunding 5s series F 1977—Afar-Sept 109% AFirst and refunding 5s series G 1978—May-ZVoa 8AConvertible gold 5'/as series A 1949—_Afay-Nov AFirst and refund gold 5s ser 11 1980 April-Oct AFirst Mohawk and & refunding Malone 5s first seris gl.d 4s I 1981 Feb-Aug 1991 32 Morrel (John) & & Co 3s debentures 92 109 1958 debentures 1978 ifi nqiA 109% 109 87% qq, Essex lirst gtd 3'/as 2000 June-Dec mortgage 5s series A 1955—May-Noa Construction mtge 4 %s series B 1955 May-Noa Mountain States Tel & Tel 2%s 1986 Afay-Nov iin no can Feb-Aug Afay-Nov Construction 3Vis 215 "109 109% 60% 102 15 97% 83% 102 00% 110 ->kk 87 V7% 73/2 ' oau 94 A k fii3/ b bI/a qq ~7 rTva ifi KZV 4 innv /a 9 ~~ 9 qH 99% iiov col/ iSo% 3 Vis, debentures J 976— Natl Distillers Products Corp 1st 3'/as 1982 National Supply 2%s debentures 1967 Naugatuck RR first gold 4s 1954 New England Tel & Tel First guaranteed 4%s April-Oct Afay-Nov June-Dec Maw-Nov Co- series B 1961 debentures 1982 3s Afay-Nov -April-Ocf debentures 1974 III—Afar-Sept New Jersey Bell Telephone 3 '/as 1988 Jan-July New Jersey Junction RR gtd first 4s 1986„Feb-Aug 10 -- *87 89 96 96 96 June-Dec 3s 1'"ofrvaroc Tel 2%s U 1985-June-Dec '98 100% — 3 100 /4 100% °96 /a — 99 A 96% 100% 100% 91 96% — 96% 100% 43 93 — 93 % 99% 93% 101% — , 88 — — __ 1 101% 98% 98% 100Va 101% *99 190 680 85 — __ 91 94% 80 97% 19 87% 97% 97 V2 98 y8 26 88% .'98% 91 2 82'% "94% 99'A 96% __ 102% 85'% 95% '99 . '94 98'/4 89 % 96% 94 30 107% 30 107 95 101V, 91 2 102% 102% 93 95 —- 96»/2 98% 103 V4 95'/a 104'/a 107% 92% 92 y4 92% 17 93'% 93 % 93 V4 5 87 94 debentures 1987 April-Ocl 981/4 98% 1 89% 99 debentures 1978 Mar-Sept 2 94 7a debentures 1983 198!„ 100 Mar-Sep* ^Mar-Noe 1984— 100 "98'/4 __ Mar-Sep* June-Dec 5s General 4%s series General 100 90 100% 101% 99% 98% 1 106% 107 98'% 105 100 % 101 99% 101 92 927/a 27 106% 106% "— 82'% 98'% 103% 104 — 85 5 92 100 '/4 100 Ya 1 mortgage 4%s series E series B 1968 D 1981 Peoples Peoria A 96 96'% 100% 107% 4 104% 105% „ 105% 92% 101 »/4 98% 98% Jan-July 99 82% mtge 3%s ser H Eastern & 4s first April 4s 1981 external 1960 1990 pere Marquette Ry 3%s series D 1980 Philadelphia (Baltimore & Wash RR CO— General 5s series B 1974 General gold 4%s series C Philadelphia Electric CO— First & First & 100ya First & & 1977 refunding 2%s 1967 refunding 2%s 1974 refunding 2%s 1981 refunding 2%s 1978 refunding 3V4s mtge 3%s 1982 1983 - 92 7 a 99'/4 9 9234 99 23 74'% 82% 97 95% 90 10 85% 90% 53% 18 49 61 y4 96 95% 7 89 Jan-July 107 108'/a 111 '102'% 105 "95% June-Dco May-No* May-No® June-Dec Feb-Aug Jan-July May-No* 105 90 52 90 Feb-Auf refunding 2%s 1971 ref _Apri] Mar-Sept 105% 109'/4 105% '102% 104 'ft June-Deo ApriZ-Oct 101% 17 99 82 109% 32 99 Jan-July 98 Va 105 43 108% 109 V* June-Dec April-Oct 87% 11 107 1984 Income lst 96% 107% mortgage 3%s series F 1985 Gas Light & Coke Co— 99% 80 91 June-Dec —First & 1°6% 106% 18 105 109% First & 95% 95% 5 91 99 First & __ 16 April-Ocl , 96% 100% 98% 1986 General QQ3/ 82 Va 98% 91 "98 June-Dec debentures 1985 100% 92 debentures First & ref June-Dec June-Dec 3'/as debs 1974 Steel & ser 1984 General 4%s series A 1965 102 on?, 8 100% iaaia1 9 Qfi , Feb-Aug _ National June-Dec refunding mtge 3%s 101% 1 7 ... mo Chattanooga mortgage National 3s First & refunding 27/8s series T 1976 S General & St Louis— 3s series B 1986— Dairy Products 2%s debs 1970 debentures 1970 First June-Deo series 3s 103% 92 Ta 99% 96% 98% June-Deo Pacific Western Oil 3%s debentures 1964—June-Dec Paducah & Illinois lst s f gold 4%s 1955—Jan-July Pennsylvania-Central Airlines— A3V2S convertible inc debs Sept 1 1960—April-Ocl Pennsylvania Glass Sand 3%s 1960 June-Deo Pennsylvania Power & Light Co— First mortgage 3s 1975 April-Ocl Pennsylvania RR— Consolidated sinking fund 4%s 1960 Feb-Auy N Nashville 1983 100% 99 99% debentures b9 00% June-Deo June-Deo debentures ko qq 9R% June-Dco refunding 101% 3l/oS i?,, R7Va OHH June-Dec refunding 3s series N 1977 refunding 2%s series P 1981 & 102% 971/2 3%s Tin 1 ao 1/ 102 "98% 11R 50 , 3'/8S 'sVa All pq,/ 21 27/8s 117% Tat 94 102 Pacific Tel R4% 84Vi 102'A 861/2 Co¬ lst & ief M 4s series V q» 102% 95% 95 93% 100% 101 June-Dco June-Deo June-Deo First & miv 103ya iSo% }?Jv "97 April-Oct on anv 97/2 o, 109% 109% Mar-Sept Monongahela Ry 3'/4s series B 1966 Morris 109 94% 101 June-Dec First & ce 88 95 102V2 1960_Aoril-Ocl A First & refunding 2%s series Q 1980 Fll'st & refunding 3'/as series R 1982 no co 109% 109% 1965___Feb-Aug 1975 4s and Electric series Plrst & 997* o 00 ioa 1/ 100,2 iaav 100 % 74'/a 1/0 & 3s First & refunding 3s series M 1979 »1AA3A inn% 100,2 Gas RR First & refunding 3s series J 1970 First & refunding 3s series K 1971 First & refunding 3s series L 1974 102% 92 CO ^Missouri Pacific RR Co— AFirst and 99 2 .. First & refunding 3%s series I 1966 9A 25 93 % May-No* Pacific OQa, .£:?? oc RR— A B 1 a a 5/ 9A Marie— 4V2S ine series A Jan 1971 May mortgage 4s inc ser A Jan 1991 May Mission Corp 3%s s f debs 1966 June-Dec General no 99% Mar-Sept Oregon-Washington 100% 93% June-Dec First mortgage 2%s 1980 First mortS1,ee 3Hi,s 1982 llv 93% First m — 100% 100% First mortgage A on 10o5/a "" aa 3/ 1975 98% 94 April-Oct May-No* Feb-Aug First mortgage 3s 1979 ^>71 q, (,qo i ™ f QO 90 1974 First mortgage 2%s 1975 First mortgage 27/aS 1980 Oklahoma Gas & Electric 2%s , " Too __Jan-July April-Oct nL/ To 10 QK 1/131/ __Afar-Sept First Ohio Edison first mortgage 3s 99 " Michigan Central— Refunding & impt 4'/2s series C 1979 Jan-July Michigan Cons Gas lirst mtge 3'/2s 1969—Mar-Sept First ?? 2®,/ 95% yo/2 95 April-Oct 7- .q, ,!"A/4 Mead * 9 oqs/ Jan-July 1978 7q L cao Afay-Nov 1972 q7 on 1957—May-Nou 97% 94% 97% 11 94% *94% 101% 88% 98 94% 93 95 „ . 92% 107 97% 98 87 5 r 3 — : 95% 87% 94% 90 5 >93 101% 101% '106% 99 — 96'% 98 110% 97 96 104% 103% 106% Number 5271... The Commercial and Financial Chronicle Volume 178 ... "-<• > (1797) - v 1 >1, ! NEW BOND RECORD RANGE Friday BONDS New York Stock Week's Interest Last Period Sale Price Exchange or Phillips Petroleum 3.70s 2%a deb conv 1937 debentures Jan-July 25 25 Feb-Aug 1983 108 Consolidated guaranteed 4s Consolidated guaranteed 4s ser F 1953 ser G June-Dee mortgage 5s series B General mortgage 1st mtge Pittsburgh Consolidation 3 %s debentures 1975 3%s series E 3'/aS 1964 101 109% 109% — 107% 107% 107% 108 *83 42 103% 103 96% 3 96% 1 96 First 98% - 96% 98% *97 % 100 97% 97% 97% *105% Tol — 98 M 3%s Orleans New ref and Cent 100% Oil Union 94 96 101 % 98% I 102% United 132% 3%s 201 % United E ser 3%s 99% 1st mtge 96% 1st mtge & 4%s 96 6 of D Vandalla 1995—Map-Nov 1973 82% April-Ocf Rochester Gas & Electric Corp— General mortgage 4 >/2s series D 1977 General mortgage 3'As series J 1969 82% *98% 1 — 78% 86% 95% __ Second St gold Louis-San 3s coll A 1971 Mar-Sepl *94% 96% 1996. Jan-July gold 5s *72 73% Ry 100% *79 Louis-Soutlnvestern First Jan-July 2022 1989 America 1970 Scott & New Paper 3s Seaboard f s Seagram RR 4s 86 May 91 85% 43 81 1977 *106 96% Shell Pipe Union Oil 2J/2s 18ASilesian-Amer 1966 debs debentures coll 1966 1971 trust 7s 2 debentures Southern 1985 Natural 4V2s conv s Ry Gas f debs Pacific 4 Gold 4'As 1994 4'/2s Warren Petroleum 93% __' 97% 98 93% 97 87 3%s 34 91% 1986 95 V2 91% mortgage 2'As series G 1961 first consol and gold 92% 97% 31 93% 109 90 98 82% 93% 90% 68% 109 33 109% 99% 109% 104 104% 53 104 103% 104'A 83 103% 102% 103'A *97% — 98% 3%s 1977—. Southwestern Bell Tel 2%s debentures Standard 5s conv Coil A 84'A 109% debs 79% 97 102% 101 90 »A 104% *105% 105'A 92% ' —— 9b 12 100% 104% —— 98% 104% 100% *103% 105'A mmmm 88% 103 —— 104 86% 79% 1 105% — 92 92 7 81'A 92% 92% 92% 2 92'A 93 95% —— «... 95% 3 95 97 . — *99% 102 1985 __ *92% __ 94 106 Standard Oil Co (Indiana) — 3'As convertible debentures Pacific RR ref 99 94% 96 100% 100'/a 100% 101 % 7 90 90% 2 *94% — 105 102 VA 99 83% 93% 94 — __ 101% 102 .... 101 104 % 94% 5 *102% 105 100% Union April-Oct Electric A 95% 103% 106 109 107'A 110% 93% 93% 83 *97% 99% 93% 70 66 91% 93 103% A 18 First 103% 104 1 53'/a 99% — • ll-'—L • - >98% 95 95 102% 97% ' 105% 101 48 61% 37 60'/a 59 59% 15 58'A 67 102 61% 59% 102 April-Ocf 102% 90 104% 105'/a 102'A 4 99% 104 105 Jan-July Ja?i-July 57 90 60% *104% May-No® 104% __ __ 68% *93% Jan-July 95 106% 96% 92 — 102'A Jan-July 96'A 95% 96% 104 92 99 88% 11 96% *91% 100% 31 101% 102 »A Mar-Sepf Mar-Sepf 96% — *95'A Mar-Sepf 1967- D 96~ 95% *102'/a Jan-July 101% 94% 101% 79 91% 104% 8 96 97% 101 % 102 % 102'/a 100% 101% 101 April-Oct 94% 99 99 *97 Jan-July May-No® 1965 — — — of Electric Jan-July Public 76'A 76 76% Afap-Nov - 75 74'/a 75 74 80% 11 63 75 63 1936 63 : — 84 91 ; — 83 101 deposit Power Service 81% 73% 3 2%s 1976 June-Deo *86 — 93% Afar-Sept 3%s 1971 -Jan-July *96% 100 -- Y Yonkers Electric Deferred Included 93% in Light & Power 2%s 1976_Jan-Juiy delivery the included not sale year's range, the in year's not n range, — — __ — in the year's range, d Ex-interest, e Oda-lot sale not Under-the-rule sale not Included in the year & range. X casn saie included Ex-coupon. y § 73 Negotiability impaired by maturity. , #' t Companies reported as being in bankruptcy, receivership, or reorganized under Section 77 or the Bankruptcy Act, or securities assumed by such companies. * Friday's bid and asked prices; no sales being transacted during current week. A Bonds selling flat. 101% 97 146 81% 114% 6 — 104% —— —May-No» mortgage 2%s 1979 Wisconsin 102% 88% 55% 55% 104 1979——Afap-Nov 1980 series 110% 100 4 — *67% Aprll-Ocf 3%s Certificates Wisconsin 122 11 106'A 110 67% 108 Corp— 9 92 97 101% -- 104% 105'A *87'/a 104 Afar-Sept SASuperior & Duluth 1st 4s 101% 88% 85% 86 70 76'A 75 Co— 85% 113 *63 — 105'A April-Oct . 1971 debentures 1 20 94 «A tWisconsin Central Ry— 98 19 1976—Afap-Nov 1981 80 April 93 A ser Telegraph debentures 79'/a 78'/a Co— 78 __ 79% 78% *93 —Feb-Nov Jan-July mtge 3%s mortgage a June-Dec 1982 94 % 99 — — — . 92% April April 1991 2361 74 107'A 107% *106 — 3%s 1966 7 101% 102'A 1981 1971 Wilson & Co first mortgage 3s 1958 Winston-Salem S B first 4s I960 Inc— 1967 101% 86% 7 96'/a —«■" 100% 101 — 94 *95 — C 1973—April-Oct ser § A First general 4s 1949 A Certificates of deposit 121 % 122 106'A 2013- 100 *100% 103 »A — Corp— 12 80 102'A Jan-July 4'As 3'As (subord) 3%s 103% Afap-Nov Co 89% __ 85% 105'/a —— Afap-Nov Wheeling & Lake Erie RR 2%s A 1992 Wheeling Steel 3%s series C 1970 May-No® first gold debs subord & 2%s 105% 95 96% -- 84'A __ 1956—April-Oct 1983 Products 96% 95 ♦101 Jan-July April-Oct 1995 debentures conv Westinghouse 105% 97% 47 „ __ April-Oct 1956 6'As series 5s 2003 1958 B 30-year 5s 1960 4%s debentures series 80 % Orleans & Northeastern RR— 3'As 102% 90 .... April-Ocf 3%s series B debs registered 1st 94% 2 .... 72 104 Jan-July Joint ASpokane Internall Co conv Western 92% 111 1 93% 98% 72 Jan-July April-Oct 1956 Memphis Div first gold 5s 1996 New 95% ~3 95 1981—June-Dec ser Maryland Ry 1st 4s ser A 1969 1st mtge 4 '/as series B 1976 98 85% 8 98 *94% — Jan-July 1994 5s A 6s series A general 1996 F series 4s Devel and general Devel mortgage Western 97% Jan-July First series I 1982—. Western 107% 110 A '75—June-Dec ser mortgage general 100 95 »A Mar-Sept West Penn Power 3'As series I 1966 West Shore first 4s guaranteed 2361 93% 27 ■ 472 Mar-Sept 1977 J 1980 General mortgage 3s guaranteed West Penn Electric 3%s 1974 101 % 95% 35 *97 .May-Nov 1st mtge First mortgage 2%s series E Ry 94'A 95% II *„ —— Warren RR first ref gtd gold 3%s 2000 Feb-Aug Washington Terminal 2%s series A 1970 Feb-Aug Westchester Lighting gen mtge 3'As 1967—Jan-July 101% 92% 4 93% Map-Nov A First and 97 86 Co— Walworth •— 35 91% June-Dec 1981 Devcl RR 123% Southern Pacific RR Co— Southern 109 6 *95 May-Nov mtge 4s income series A Jan First 2%s 97 6 *85'/a 1955.._Feb-Aug mtge income 4%s series B Jan 118% Co— 1973 (Oregon Lines) San Fran Term 95 ~ 94'A *95% •»— E 1975—Afar-Sept H 3%s 5s series 3s First 99 92% Jan-July 1969 Gold A Gen Co— First '/2s Wabash 101% 86 % 93% *33% 97% .Feb-Aug Jan-July 2%s consolidated 102% 258 100% 100% 93 — Jan-July 1987 Indiana Southern 112 94 Jan-July 1979 debentures 98 103% - 95'A —— 1959—Afar-Sept 1957 ser ser ser First lien and ref mtge Telephone & Telegraph Co— 2%s __ *98% mtge 3s series F 1978—Afar-Sept mtge 2%s ser G 1979—June-Dec mtge 3%s 100 % *92 *92% June-Dec 27/bs 2%s mtge 23As 92 __ *100 Jan-July 1963 ref First 95% 93 April-Oct Southern 20% 93 104 % 104 7/s — 104% Afap-Nov Gen 118'/2 123% .... Feb-Aug 1983 Ala RR gtd 5s debentures 56 13 ' 94 April-Oct 1971 4s series & 3%s April-Oct 1941 ref ' 1982_„..April-Oct South & North 3s gtd mtge refund 106 122% lune-Dec Skelly Oil 2'As debentures 1965 Socony-Vacuum Oil 2'/2s 1976 Southern Bell 99 % 48 Va 34 *98% 101% Afar-Sept Jan-July Jan-July Feb-Aug debentures mortgage & refund 4s debs refund and ' Mar-Sept f s Com Sinclair Oil Corp— 3'As subord conv 96% June-Dec 3.20s 102 «... April-Oct 3%s consol Virginian Ry 100 100 96% *93% May-How 1977 & Sons 2'As Line 103% June-Deo 1972 Virginia & Southwest first gtd *95 Mar-Sept 3s debentures 1974— Service *94% 103% w Co— debentures 86 1989—May-No® series B 1980 (Jos El 109 ' Aprll-Ocf 1st 86 14 May-No® 1st gtd debs conv Air Line 1st mtge 3s 3%s England 96 % *94 Afap-Nov 2%s 3%s 1st 77% 7 8'/a 99% 100 April-Oct V 70% 99% Second 4s inc bond certificates Nov 1989-Jan-July St Paul & Duluth first cons gold 4s 1968—.June-Dec Paul Union Depot 3'/as B 1971 St Scioto RR First and 97% Ry— bond certificates 4s 96 Co— 1st mortgage 4s series A 1997 ASecond mtge inc 4>/2s series A Jan St 17 Afap-Nov 1967 First and refund 96 April-Ocl 1st 1996 6s 16% Afap-Nov trust Pictures and First Mar-Sept Afar-Sept First series Francisco 52% 16% * 96% 126 94% 51 . Adirond'k 4 52% — 87% 87% *95 April-Oct 1972 Consol sinking fund series B Virginia Electric & Power Co— 100 % s & 91 114 V Reading Co first & ref 3%s series Reynolds (R J) Tobacco 3s debs Bt Lawrence 102 96% 102% June-Dee 2%s debs R Saguenay Power 6 4 «... Jan-July 1977 debentures Universal 96 93% 91'A 102 — June-Dec f debs 1972 s 2%s 96 94 91 •120 115% 89% 97% 17 . 2%s 1970 & coll tiust 3%s 96% 103 % 94 Tr-r 1985—Jan-July 1974 Corp 84 Jan-July 87% 102 __ 95'/a 102'/a June-Dec U S Rubber 2%s debentures 1976 Quaker Oats 2%s debentures 1964 94% 91 — *94 1976 debentures Gas 98 97 __ RR— Biscuit Co 96% 22 95% 90 *95% — 102 Feb-Aug Refunding mortgage 2'/2s series C 1991—Afar-Sept Tank Car 4%s s f debs 1973— April-Oct *93% 101% 101% 90 92 *90 *106% impt 3%s I960—June-Dec debs 1961 Afar-Sept (subord) debentures *— June-Dec . Union 2 96% 1 __ 92 — 1970—April-Oct 1990 April-Oct 1982- of California Pacific 2%s 100% 18 101% 101'A 3%s mtge 190 100% 100% 91% 89 *104 % May-How tr 27/es 3%s conv debs 127% May-No® 85 19 ' 1980— 97% — 108 ...— trust 2%s 1975—April-Oct Union ii 94 refunding mortgage 3'As 1968—Jan-July First and refunding mortgage 5s 2037—.Jan-July First and refunding mortgage 8s 2037—June-Dec First and refunding mortgage 3s 1972—Map-Nov First and refunding mortgage 27/8s 1979_j7tue-Dec 1972 & Ohio 1st 96% 98 High 91% 96'/2 Jan-July First mortgage and coll 3s debentures 1968 .... —— *99% 101 First and 3%s debentures 100 *— Low 91 April-Ocl 1st mtge & coll 90 Jan. 1 No. 95% Afap-Nov u — ~ " •— Mar-Sept Public Service Electric & Gas Co— 3s debentures 1963 refund of Tri-Continental Corp 2%s 106 May-Nov Providence Terminal 4s 1956 RR 99% 104 __ *94 Mar-Sepl Feb-Auy Jan-July 1977 series C 2019 2%s series D 1985 tAThird Ave Ry first refunding 4s 1960 AAdjustment income 5s Jan 1960 100 95 % 7 — Range Since Sold of St Louis— Union Electric Co of Missouri 3%s 1971 *105% Bonds High Pacific-Missouri Pacific— Term 100 95% —— Texas 102 96 2 . mortgage 2%s 1984 1973 and impt General and 101 — Friday's 91% — Jan-July May -Nov First and refund M 3'As series B First and refund M 3%s series C Texas & Pacific first gold 5s 2000 .June-Dec Plantation Pipe Line 2%s 1970 Potomac Elec Power 1st mtge 3 Vis First mortgage 3s 1983 debentures Refund 101% 97% __ or Bid & Asked 96% - Jan-July 1980 1972 Texas Corp 3s debentures 1965 Texas & New Orleans RR— 86 97% *100% April-Oct debentures Refund and impt M 4s 108 82 96% 97% ft Ashtabula Ry— First general 5s series B 1962 Feb-Aug First general 5s series C 1974 —June-Dec First general 4'/2s series D 1977 2%s 2%s debentures Terminal RR Assn 107% 11 86 Week's Range T 106 108 Corp 101% 108 Oil 2% a 104 107% Pittsburgh Youngstown Bunray Swift & Co 96% 102% June-Dec April-Oct 90% *108 April-Oct (N J) debentures 2%s 1971—Afay-Nov 2%s debentures 1974 Jan-July Stauffer Chemical 3%s debs 1973 Mar-Sept 99% *108 Jan-July Standard Oil 108 95 101% May-No® First mortgage 4 Vis series A 1958 First mortgage 4Vis series B 1959 First mortgage 4'/2s series C 1960 102% — Coal— Pittsburgh Plate Qlass 3s debs 1967 Pittsburgh & West Virginia Ry— 109 — Sale Price Low 100% *102'A 103 April-Ocl 1965 94 •100 April-Oet 1975 25% *102% 1957—Afay-Nov 1963—Feb-Aug General 25% 16% 8 — Consolidated guaranteed 4%s ser J 1964_Afa2/-Nov Pittsburgh Cine Chicago ft St Louis RR— General mortgage 5s series A 1970 Jane-Dec Plttsb Coke & Chem 98'A Last Period High 17% — — Interest New York Stock Exchange Low 3 25% *99'A Consolidated guaranteed 4s ser H I960—_Feb-Aug Consolidated guaranteed 4%s ser I 6 BONDS Jan. 1 No. 107% 108 Piilsbury Mills, Inc 3Vis i f debs 1972 June-Dee Plttsbgh Bessemer & Lake Erie 2%s 1996__June-Dec Pittsburgh Cincinnati Chic ft St. Louis Ry— NOVEMBER Range Since Sold 25 98'A June-Dec Bonds High ♦24% 1964 ENDED Friday Friday's Low IA Philippine Ry 1st sink fund 4s t A Certificates of deposit WEEK FOR Range Bid & Asked 112% . . _ __ . AMERICAN STOCK EXCHANGE WEEKLY In Nov. the following extensive list we furnish 2, 1953 and ending Friday, Nov. 6, 1953. security whether stock or bond in which any AND RECORD YEARLY complete report of the transactions on the American Stock Exchange for It is compiled from a report of the American Stock Exchange itself and dealings have occurred during the current year. a RANGE FOR WEEK ENDED NOVEMBER the week beginning Monday, is intended to include every 6 _ Friday STOCKS American Stock Motors Acme Aluminum Acme Wire Co Aero Supply common ._10 Manufacturing 1 Inc For footnotes — (N J) .—5 100 2ya 2% 5,000 Sep 6 Jun 2% Oct 1% Sep 8% May — 8'/a 3 75/a 60c 37. 8'A »— 11% —1 page 1% 3 11 11% 1! ,4.200 ii 11% 1 7% Oct 6'A <' 11%. Jan 2,400 x9'/2 200 11% 2,000 12 American Stock % Jan Range for Week of Prices Shares Alabama Gas 2 Corp Alabama Great Southern 29 Feb Alabama 4 Mar 3% \ Feb 9'A Aug 13% Mar Oct Oct 14'A Jan Nov 15% Feb 1% May Low Par J an 8'/2 Oct Exchange High Oct A 25 ■ 2% —1 Ltd. see 200 2% — Airfleets Inc Petroleums » 3,400 • common Air-Way Electric Appliance AJax 4% 2% Range Since Jan. 1 Low % 4'A 1 Manufacturing Associates 156 4'A Week's Last Friday STOCKS Shares High % —1 Agnew Surpass Shoe Stores Air Low warrant*- Alloys Adams Hat Stores Inc. Ainsworth for Week of Prices Sales Sale Price Sales Range Last Sale Price Exchange Par ACF-Bril! Week's 33 E Alaska All Power 4.20% Airlines American Alleghany Allegheny Allied Allied 1 Inc Engineering Co warrants Airlines Inc 10e Corp Internat'l Products Brewing 112 preferred——100 1 1 Alles & Fisher common Altes 50 17% 4% Low 16% 17'/a 110% 112 95% 96% 3,200 4 % 4 % 90 common Jun Jan High 17% 112 Nov Aug 250 Jun 99 % Mar 100 2% Sep 6% Mar Jan 1% "2% 2% 1% 1% Aug 2% 2% 2A 9,600 1A Sep 3% Mar 2% 3 3,100 2% Jun 3% 7 % 7'A 100 6% Jan 2% Oct 25'A Jan 32% May 2% Jan 3'A Mar B 1 13% 103 89% 500 Investing cap stock—1 fMich) Co Range Since Jan. 1 High 2% 2% 200 Jan 7% Mar 3% Apr . L The Commercial and Financial Chronicle 34 ... Monday, November 9, 1953 (1798) EXCHANGE AMERICAN STOCK RANGE WEEK FOR ENDED NOVEMBER 6 Week's Friday Friday Week's Sales Last Range for Week of Prices Shares STOCKS Sale Frice American Stock Exchange Par Aluminum 22 Z25C 4% Hard Co Laundry Machine American Manufacturing Co corn-—25 American Maracaibo Meter Co American Potash & Chem Thread Amurex Sep Sep 1% May 433/4 Oct 47 Jan Conv 600 7% Oct 12% Jan Central 21 250 203/4 Oct 25 Jan — 21 21% 500 21 Nov 4% 4,500 4 Sep • 8% — 25% Mar 213/4 Oct 225 31 Jan 33% Mar 34 31% 34 200 28% Jun 34% Jan 47% 48% 1,700 44% Oct 63 Apr Cessna 10% Oct 173/4 Jan Chamberlin Jan Charis Nov Charter cl A 10 — 2 — _5 43/4 ' 4 20c 3 % Ltd— 12% 13 1,200 July 9% 13 Jan 20% Jan Apr 13% 4,000 9% A 3A 3,600 23/a Apr 5% July 8% 8% 100 8% Sep 10% Mar A 5,600 ■A Oct A Oct 21% x21% 175 15 Jan 21% Oct 5% 5% 1,900 5 Sep 4 4 3% Oct 12% 13% 3 2 Products • Rights 32 Feb £1 — 2.40 shares Louisiana Arkansas Power 1 Aro Corp — Light $7 pfd class A 83/4 430 12% 16% 16% 17% & Cable Clark Controller 8% 8% 8% 4,700 115% __ 3% 21 2.50 Jun 12% dep rets reg £1 — 213/4 Aug 50 67 73/4 7% 300 ~8% 8 % 200 7% 80 90 % Oct Sep 10 Jan Jan 9 Mar Jan 37 36 Feb ~7% 2,900 6% Sep 9 % Mar 5% 300 5% Sep 7% 4% Oct 1A ~1A 1,500 1 Sep 8% 8% 1,300 7% Oct ' 7 II 8% Jan 7"% Jan lU Juiy 11% Mar 69 3/4 69 693/4 300 65% Sep 74 Jan 25% 2434 25% 350 22% Feb 25% Nov A 1,100 A Sep 1% .» Feb Nov 23% May 21% Sep 24 8% ~8% 200 8% Nov 1,200 Feb Jan Club Jan Coastal Jan 22% Mar Products 4% Jan 7,800 3 Sep 13% Jun 17% May Sep 1,400 4% 9% Oct 7 5% Jan 12% ■y~ ~8% 8 3/8 26% 27% 27% Jun 15 200 7% Sep 10 % Mar Apr 24% Sep 35 % Jan 43/4 5 300 4% NOV 5% Jan 2% -10c 800 5 * Co vtc— 11% 6% 33/4 13 4 % Apr Jan 42 Sep 6 % 13% 1 May 8% 7% May 40 — — Oils 10% Mar Sep May 7% 19% 533/4 25% 3 19,100 1% Sep 5% Feb 115/8 11% 200 10 Oct 14% May 23 22% 23 600 17 Oct 23 % Oct * Co Equipment Farm Jan 5% "7% — 1 Development Feb 79 7% — —1 Caribbean 24% Jun 400 24% 10% Mar 25 7434 Jan 1,600 117% 9% July — __ 22 7434 6% 19% Jun Colon 26% 22% Co Hosiery Co Cockshutt 25 19% 14 300 ' ' 265/8 — Inc Aluminum 5% Mar 22% 19% July Feb Oct Sep 22 5 Clayton & Lambert Manufacturing—4 Clinchfield Coal Corp common 20 Claussner 29 34 Mar 3 3% Jan 19% 45% 25 17% 24% Mar 7% 200 45% 17% „ 21% 45% 50 Jun 45/a Mar Sep 6% 22% Co Clarostat Manufacturing Claude Neon Sep * Nov 123/s 5,700 A Sep 5 1 50 Co L Jan 109 Jan 15 50 115% 116 « __ 22% Mar Oct Apr 7% 5,100 4 Jan 17% Mar Sep 4%' 5 (The) D 3% 1 Corp Clark 114% Mar 6,100 5 98 6,800 com Chicago Rivet & Machine— Chief Consolidated Mining.™ 9% May Apr 3 4 5 10 4 common.———; Manufacturing Chesebrough 4,100 3% 1 Ltd Cherry-Burrell "43/4 10 common Oil Co 4% 143/4 1 ——2.50 common America of 43/4 Industries— Electric American 1,000 10% « . Corp Equipment 11% 102% 104 5 convertible preferred Associate 100 11% Armstrong Rubber Co 4%% 10% 11 104 Co.. Gas & 5% 1 pfd_ _100 Appalachian Elec Power 4%% Argus Cameras Inc Arkansas Fuel Oil Corp Arkansas Co City Auto Stamping City Specialty Stores Inc 4%% convertible preferred Anglo-Lautaro Nitrate Corp— Angostura-Wupperman Apex-Electric Manufacturing Co Co Aircraft Circle Wire Anglo-Iranian Oil Co Ltd— American dep rets ord reg "A" 458 5% 3 % Sep Light 4% Power & Central 200 1 Products Steel Ohio Central 900 6% Mar "33/4 100 preferred 33 4% High 73/4 May Feb CO — 26% 23% 4% Low 53% Co— Power Maine 3.50% Range Since Jan. 1 High l * * series series $1.50 $1.40 preference preference Conv Shares -1 Corp Secur 22% preferred Mines Lead 100 Jan ~8% ■« 13% Post u • Writing Paper common— —5 Oil Development class A— —5 Anacon % % - 1% 32 American Anchor Illinois May 24 of America Cenco Corporation Central Explorers Ltd 22% common 5% Central 5% Aug Jan Sep Co & Ml 32 ——.__ Seal-Kap American Corp conv—* 6% Republics (A I pfd——100 Century Electric Co common 10 Century Investors Inc— 2 Convertible preference———_—.10 ._ American American Castle Catalin common 27 % * Natural Gas Co 3% Feb Jan 20% . 8% 1 — American 500 19 Products for Week Low 1 * _10 1 1 ■_4.___-.-l pfd.—25 Co American 4% — 20 . 16 % S3 —25 —— Rubber 24% Nov —■ ..100 American American Oct 11% ' 1 American 21% 200 4% conv Beverage common Book Co 300 11% 11% pfd— —15 SAmerican Bantam Car Co class A—1 American Jun 22 • Inc.— Air Filter 5% American 82% 93 Casco Jan 95 200 92% _• __ common Industries Ambrook 100 — Aluminum Industries Par Sales Range of Prices Sale Price High Low Carter (J W) Co common... cumulative preferred Goods Manufacturing $3.75 Range Since Jan, 1 High of America— Co Aluminum Low Last STOCKS American Stock Exchange ordinary 1 13 12% 135/8 3,600 10% Jun 14% Aug Inc.—10 17% 17% 18% 300 16% Sep 21% Jan ___1 3% 4% Jan Manufacturing Co 10 Machinery & Eng Corp.—10c 13/4 Colonial Airlines .___.—___ ' American Associated Tel & (ex A $43 1 new reg Laundries Associated Class dep rets • America- of — ._ Co __ 50 __ Jan 1% July Collieries 126 Jun Colonial Sand Sep Fund Co Stone & % Oct 2% Jan Commodore Hotel 525 80% Sep 116% Jan Community 4,300 5 3/a Sep 7% Jan 9% 9% 2,800 9% Oct 2% 2% 700 Xl3/a Jun 53/4 May Consolidated Engineering 2% Sep 4 Jun Consolidated Gas 11 Mar ...1 Corp 1% x92 1,300 1 1 2% 10% 10% 100 9 15% 15 3/4 200 15 Mar 15 Mar 3 common— 2% 300 ♦ _ Oct 21 Jan ext Vtc to Rubber 1 common- lo Banco los de 1 Barcelona Barium Basic Tr Steel (L) & common Beckman Aircraft Telephone Benrus Benson & Inc 12% 1 3% common__25 1 Inc Hedges 4 common Blauner's Gorham Blumenthal (S) C) (H prior Poote Breeze Co & Air Ind__„ Lines 5 1 Gear Corp Works . Inc 20c common Co American Amer . Celanese American reg 10s 10s reg Company common 1 preference Forman cumulative (F, Mills L) * 1 Distillers Rubber junior Co Co preferred class 7% Sep Oct 2% Oct 47/a Sep 8% Jan 9 Sep 60c convertible 3,500 10% 300 31 100 21% May 2,400 M% Mar 1% lS/8 11% Mar Nov 31 2% Mar A Cosden 514 Jun 6 Vu Feb 14% Jan 16% Apr Creole 11% 12% 8,100 11% Oct 17 Jan Croft 3% 3% 2,200 2% Sep -- 46% 47% 1,050 36% Jan 51 Oct Crown Drug Co 10% Jan 12% 10% "9% 10% 1,000 8% Sep 16 2 5/a 24 88 88 88 2% 3% __ 2 2 10 3% 2 45/a Inc Feb 25% Aug 84% Jan 91 2% Nov 24% 19% 24% 19% 25 3,100 4% "53/8 ~55/a 175 Jan 11% Jan Sep 7% Mar 25 % Mar Jan 24 17 Sep 22 % Mar Jan 5% Aug July 4% July 3% — 3% 200 2% Jan Oct 5% 7'/a Oct ^ common.. Nov 3% Aug ~83/4 8% ~83/4 91 92 50% 50% 17% 163/4 18% Oct 12% Mar 50 87 Jun 50% 225 47 Apr 50% Nov 17% 2,600 12 Jan 17% Nov Feb 13% Nov Sep 23 % July 6% 600 4% Jan 6% 72% 73% 6,700 67% Jun 76% u u 2,100 % Apr 1% Jan 6% 6% 300 6% Sep 7% Jan 5 10% 10% 10% * partic 15 14% 15 22 % 100 6 % 6% 1% 9,900 3,500 19% 150 10 6% 15 2% Sep Jun 27 Sep 180 6% * Nov 12% 14% common.——5 Feb 25 5% 5 Feb 13% common...—2.50 (Mo).. 11% Sep 13% July 750 1% 22 % * 9 1,200 1% 1% 25c Daitch Crystal Dairies Hosiery Davenport Jan 6% Mines Inc Dayton Rubber Co class Day Dejay Stores common Mfg class A 8 "c 35 A _ 50c _ Detroit Gasket & Foundry Co Iron Gray 5% Sep Sep 27% X53/4 Jan 6% Feb l3/8 600 1 % Sep 2% Feb 27% Oct 534 Sep • — 53/4 l 153/4 15% • 5% 100 ,15% 100 . 143/4 137 Detroit Hardware Detroit Steel Mfg lS/8 1% 400 75/8 Mar 33 Products. 10 100 Jan Devoe & Raynolds class Oils Devon-Leduc Distillers 2% 100 21% 200 1 B_ _ 25c _ dep rets ord reg. 7% Mar 1714 Mar Jun 145 Jan Apr 13% May Oct 2 % Sep 11% 11% 11% 1 20% 18% 21 Domestic Corp coipmon Bridge Co Ltd 1 • 9 Co Exploration Ltd 3% May 29 % Mar 12 % Jan 21% Nov July 8% July 8% Jan Dominion Steel 10% Jan Dominion Tar Textile & Coal 8% 900 8% Aug 10% Mar Dominion 4,300 11% Oct 191/4 A A A 4,900 A 3% 33/8 3% 800 3% Jan Sep % 5 Co Jan Brewery Ltd Dragon Cement Co Jan Draper Corp _50c * 93/4 93/8 93/4 6,700 87/a Jun Electric Oil Power Bread & Canada Cement Co Co Gas Co 1 5 Ltd_ 4 Ltd common Co 5% Jan 15% Jan 10% Jan preference Canadian Dredge & Dock Co Ltd Canadian Industries 1 2 * Ltd common- . Inc 6% Jan Jun Duraloy 25% Feb Durham Hosiery 73% 4 A 4 % 43/8 5,100 Jun 73% Jan Sep 2% Sep Jun Duval Co Aug Inc Co. Aug 4%% 7 * Light $5 pfdIZ Co__ prior 1 States ~4 1,600 Sep 12% 13 3,600 12% Nov 6 34 7 800 5% Sep 8% Feb Common 3% 100 3 Sep 4% Jan $2 80 1% 80 110 1% 1% 125 dep American dep rets B ord_ rets For footnotes see A ord 3% 73% Jun Oct 5% 26% 15% 83 Jan Mar Feb page 37 Feb 6% Jan 8 1,100 10 % Sep 16% Jan 8 8% 12% 8% 700 7% Sep 9% Apr 8 700 7% 6% 7% 10% Oct 600 43/4 Jun 17% 50 14% Nov 20 6 Jan 7% July 6% 17% Apr 400 29 3'4 Jan 47 Sep 15% 1,200 15% Oct 20 Mar 10 9% 10 % 3,800 345/8 800 9% 11,800 10% 7% Mar Oct . 1 34 9% 9% ' , 3% —_ " 3% Aug 40 % Jan 32% Apr 36% Aug 9% Oct 1734 Jan 5% May 7% Oct •: Jans' 2% Sep 4% 25 9% Oct 1434 100 4% Sep 6 % Mar 26% 400 24% Sep 33 %. Mar 33/8 * 9% 9% 9% 5 5 5 Potash 500 Feb 26% 9% 9% 9% 7,400 9% Oct 13% Jan 100 65% 65% 65% 425 64 % Sep 74 Feb 25 Jun 30 % Mar 5% Sep 10% Mar 25 _7% 1 Corp series A B ~7% 900 128 % * Jan 165 Mar 100 116 Jan 150 Mar 500 Feb * series Sugar shares Washing Bond Jun 114% Jan Electric Sep 2% Jan Electrographic beneficial of int 1 130 Machine & Share Corp Manufacturing B__ Co 25% 13 24 Sep 32 75 24% Oct 33 % Mar 300 12 % Sep 16% July * 5 21% 21 21% 8,100 18% Sep 13% xl3 13% 600 10% Jun 95% Sep 6% 300 pfd——100 1 Corp 25% 127% 13 1 class common. common 25 25% 25 30 Empire Millwork Emsco 130 Associates— preferred 1 Mar 26% common—10 Iron preferred 106 Apr • Co preferred 10 % / 32 34% £1 $6 Easy 1 Mar 43% $7 Eastern 2,800 £1 2s 6d 82 12 1 Empire District Electric 5% American _ .. preferred Eastern 110 Z~* Ltd— reg . _ Gas &<Fuel Assn 3% 1 _ Sep 14% _ Corp common Malleable 23 2.50 common Oct Aug E _3% 13 8% Mar 4% 7)3/4 6,900 43% 10c 6% Mar 50 — 19.50 411 1 _ class B common Sulphur & Eastern 50 5 common 4% • / Ltd— 12% Mar * II__1 Marconi Oct Jan ' 29% Mar 5% (The) Test Duro Feb 11% 25% ' 15 * _ rets ord Sep 20% __* _100 Biscuit dep 3% 375 27% Sep • 14,800 39,700 Jan 10 _ Co 4% 9 9% 15 % 43% 10 _ common American 22% 8 % 200 6,500 Jan (Allen B) Laboratories— A Rubber 313 "8% 2% 17% __ Eastern preferred Carey Baxter & Kennedy Class " 1 Co Co 22% Ltd— City Products Capital Transit Co DuMont Dunlop Jan * A 20 Capital 4% Mar Power * Ltd. common 22% « Southern Oils Ltd vtc Canadian Atlantic Oil Co Ltd___ Canadian Canners Ltd common & Sep Jun A Sep * Canada Carr-Consolidated 3% 3% 1 Insurance Canada Harris Duke common • __ Douglas Oil Company 3s 6d 3 2% -- • stock ord Chemical & 133/s 12 %c Sep . 8 3/s Jan 1 94,500 5% 434 2.50 — Finance Dominion 123/8 13 — 1 Dome 100 A Corp Feb ~8% Jan Oct Sep 2% 20 - 2 common (Thel Dobeckmun — . — Apr 2.50 shares : 2 23% . " Feb Ltd— Co American Ltd Feb 10% July 2% 21 % 1 _ 15/8 1% 12 100 12 12 . 1 8 ~8% Oct Jan 16% Mar 500 ■ 1 Manufacturing- 19% 6 Feb 300 100 Jan 17 Jan Feb 6% „ 5 common.... debenture Oct 2,700 Jan 1% l3/8 10c : i Aug 2134 Feb Nov 16% 1 _ 5% 21 Jan 6% • 2.50 Inc 12% 12% xl2% 21 Nov 6 6 1 Inc. Mills Brothers Davidson 500 12% California Power 1,800 9% Jun 6% Diversey 7 Carolina 16 Jan Sep 15 900 15% Jan Jan 16% 300 18% 7% Jan 6% 6% Aug 14% May 200 Carreras 7% 18 16 — Sep __io Estate Co 7 9% 7% Jan 3,300 & 10% 5% 3% Carnation Jan 10% 10% Carman 8% 200 33/8 Canadian 300 2,100 9% 7% 9% 6% 10% 6%% 9% 123/a • Fire % __ : Sugar Dow Products Consol 10 6% Calgary & Edmonton Corp Ltd Camden 10 % Oct 18% Manufacturing Co Driver Calvan Jun Jan A 11% 50c preferred Sullivan Sugar 8% 300 * Drilling & Exoloration Co Calamba 100 A ' 8,300 Ltd— American dep rets ord Electric 9% A 6% * Burry Biscuit Corp Cable 9% 5c Jan 3% Jun 22% July 5 ~5% Feb Jan Jan July 4% 40 30 % Oct 4% 3% July Sep common Lighting Curtis Curtis 2 26 30 % common Feb 10% Mar 974 Refining Tobacco 10% 2,400 5 Oil Cuban 19% 100 50 preferred Atlantic 500 1,600 31% Mar common $6 Oct 20.300 Sep "A" Cuban 10 105/B 20 (Md) Petroleum Jan 600 23/a 1,400 (ord reg)___£ Jan Aug Feb 22% x23 % 7 \k Internat'l 8% Oct 1% 22% 1 Cent Cork 9% 7 "4 U Mar Co__l Crowley Milner & Co Crown 100 4% July Sep 1 Crown ~9 1,400 5 Company Jan ~9 6% 73% dep receipts (The) Mar — 8% Mar 300 common 13 Sep Jan 14% Mar Sep Ltd— Petroleum Crystal 35% Sep 6% 300 A__ 40% Feb 300 1 common.. Oct 5% Sep 10 300 7% 8% Sep 4% Mar 22% 3,400 10% 6% Jan Feb 1 % • 9% x36 26% 10% May Aug 1 25% 11 5% Mines.— Petroleum American 300 1,000 14% 1 .__ Courtaulds 5% 6% Mar Gold & Reynolds preferred class $1 15% Jun non-voting Corroon ... Oct 11% 5% Inc Coro Sep 10% 200 6% voting B Cornucopia 15% * , & Mines 6 % 10 3/8 A July 8% 4,000 Distillery Ltd— (H) Class 900 11% 12% 6% 11% 2.50 B preferred Hill Hil 3 Corby 9% 11 26% Nov "5% 1 common Ltd Pipe Line Budget Finance Plan Burma Jan 9% 9% 21% Mar 1 10 common Buckeye Bunker 15,600 common preference Bruck Mar 8 Cook 100 * 2nd Sep ' convertible $3 Bruce 4 18% Brown Sep 16% 1 & Machine Paint & Varnish Co Detroit Power 4% Sep Oct Ltd— dep rets ord $5 2% 10s ord 8% 100 12% Engineering__l Dennison bearer 700 1.25 Foundry 300 19 3/a ord Columbia Brown 2% Continental 10% — British Brown 7,500 13% Mar July Tobacco— rets rets dep dep Amer British 3 % Jan 20% __. 93/8 19% Corp & Var 40 5 Light Gas A ~6 10 Light & Pwr ord Brillo Manufacturing Co common British American Oil Co__ British 11 233/4 preferred_100 2% Mar Corp.. Commercial 10% —- • common Co Traction Bridgeport 500 18 % Aviation Car-Na 39% 40 common cumulative Scrymser Bourjois Inc Brazilian 113/4 • 3 Co Borne Brad class A common Bohack 5%('o Sep 1 common Birdsboro Steel Fdry & Mach Co com.* Black Starr & 2 5% ___ 1 Inc.._. 15% May Liquidating Continental 15 1 common Co 1% 1 .___ of Canada Watch Bickford's 10:)/4 31 _50c Corp Instruments Bellanca Bell Shoe 6% 10% 1 _*_ Inc S) 2% 1 Beau-Brummell Ties (A 3% 400 Jan 6 Oct 2'/4 3% 1 Inc common Bearings 12% A * Corp Co Beck 11% 3 Class Light & Power Ltd Refractories Baumann 3,100 6 50c Sep 1 % July 9% 11% 1 Utilities. * Consolidated Mining & Smelt'g Ltd—* Consolidated Royalty Oil 10 Consolidated Andes— Ltd__u Oil 33/8 3 shares American Banff A 11% 3% 11% Baldwin Aug 11% 9% Corp—__50c 1956 Continental 1 3% 600 3,400 „ ___10 Service Continental Bailey & Selburn Oil & GasA™ 500 1% 19% 1 Inc—— Public Continental Class 3% 12% 1 % Compo Shoe Machinery— 9% 3% 11% Columbia 5% 1 % 89 % 90 ___1 Corp v Products' Inc__ Steel Non-voting non-cum preferred Automatic Voting Machines—. Ayshire A 104 (The) 5% 1 Fisheries Line Plywood 710 116 114 116 warrants Automatic 800 ■ 5% Coast Coast Atlas 1% Colonial — — Colts • div) arrear Atlantic Corp 1% — ■ Tel— Atlantic Atlas — . —— __5 6% 6% 6 17 % Sep Oct 28 % Mar , 13 % Aug 104 % Feb ; Number 5271.. Volume 178 The Commercial and Financial Chronicle . (1799) AMERICAN STOCK EXCHANCE RANGE Friday American Stock Exchange Week's Last STOCKS Range of Prices Shares Sale Price Par Equity $2 Corp common convertible Esquire Corporation Eureka Ltd_ $1 l7/a 1% 32)4 32% 2 1% Sep 32% Nov 35 Mar Sep 6 Aug "% 10,400 2% % Aug is 10 common Fairchild Camera Oils Federated Fire & 181/2 Jan Kawneer Sterling Fishman Flying iMH) Tiger FOrd Kennedy's A Ford Co lft Jan A Co Jan Kidde 32% Mar Kings Sep Sep Key (Walter) of Motor 19% Pitt Fuller 3ft May 3% 3ft Sep 7iii Jan Kirkland 870 62% Jun 73% Jan Klein 3% 4% 7,300 3% Sep 9% 9% 100 9% Jun 11 6% 6% 3,800 5% Oct 10% 6%r . 71 67 65 67 70 70 70 reg__£l 4% 4% u Ij[ Brewing., A) Mar Jan 5 % Power common Knott Hotels Gellman Mfg Co Kobacker 5 1,000 3% Jun u 400 % Feb 4% 1,500 4% Nov . it May 7% Jan 4% 1,800 4% Sep 10% 200 10% Sep 20% Oct 22% Jan 102 % Mar 106% Sep . .... 3% 10% 3% 200 3% Oct 10% 1 1 8 May 11% Mar (The) General Builders Supply Corp com American dep rets ord 1% I 25 10% 2,100 9% Sep 1% 500 1% Sep ; 1% ; 1% 300 1% Sep 15% Oct — — Apparel L'Aiglon Lake Finance Corp 5% General Fireproofing General Outdoor General 5% Public Georgia Power $5 6% Plywood Corp convertible General pfd A____10 Sep Mich 1% 1% 1,500 10% 10% 150 Jan 3 Apr 2% Jan 18% Mar 5% Apr Alden Glenmore Globe Coal * Godchaux Class Co class B 1 Inc 87/a Sugars class A 3,400 preferred- Graj Manufacturing Great Atlantic Non-voting 7% 1st Great & Oil Great Northern Greer Hydraulics Griesedieck Grocery Gypsum 9% Sep 11% Oct Oct 22 Lime 9c Brewery... Products 6% Sep 11% 12 900 11 % Sep 13% Mar 24 200 22 Jun 27% 35 Jun 62 % May 7% 33% 8S 22,700 50 35 & 37 80 Nov 54% May Oct 86 % Mar % Sep 11/2 Mar 37 Nov 52% 23% Sep 21% Oct 271/2 Feb 27% July 5% 16% Jan 12% Sep 8 Jan Mar 16% 600 157% 200 144% Jun 164% July 120 129% Sep 135% 1% 1% 56 I/2 52% 57 14 14 5,000 1,550 5% 800 700 ft Jun 1,400 ft 2% Nov 13% Apr 1% July 12Va Miy 32% Feb 11 % Oct 36 % Jv,ly Jun 3% Feb Aug 8% ft 37% Mar Apr 27 9% Mar 100 Oct I;} 14% Jan 18 % 14% 18 Sep 18 Jan Jan Oct 12% 400 11% Jan 12% Feb 9% 12 400 9% Sep 11% Jan 700 2% 3 2,200 Feb 4% Sep 2ft Mar it Sep 7 — 8% Mar Sep Le Realty Tourneau 21% Mar Apr 2% Mar 57% Mar Sep 9 Jan 5% 5% 5% 1,000 5% Oct 9% Feb 9' 8% 9 1,000 -7% Apr 10% Aug 5 4% Jan 16% 300 14% Jun 16% 13% 400 12 % Sep 17% Mar 6% 6% 100 5% Jan 3% 4% 18,600 2% 3% 3% 100 3% 3% 200 2,200 20%, Jan 16% Xl3 X13 "4% 5 25c 40% class 17% Mar 41 NOV 6% Aug Sep 4% Nov 3%. Sep 3 Oct 3% Oct 3% Jun 43% May 4%. Oct —10 5% A— Feb 7% 6% Oct Jan 37% Mar 45% July Apr 45 Aug Sep 18 Jan Chain 12% 12% 13 500 11% Longines-Wittnauer Watch, Co Louisiana Land & Exploration 13 % May 14% Aug 49% 48% 49% 2,200 41% Apr 50 %, Aug 10% 10% 11 2,000 10 Va Nov 15% Locke Steel Lynch 2 Corp Feb M Mackintosh-Hemphill Mangel Stores Manischewitz 400 8% 1,100 7% Oct 10% Jan 100 9% Feb 10% May 20 18% 20 4,000 16% Sep 24 % Mar 22% 22% 22% 200 22 Jan 26 % Mar 12% 12% 12% 800 Sep 15% May 14%: 14 14% 2,900 Jun 15% Jan 3% 3 3 % 2,200 2% Aug 4% Mar 27% 21 28% 4,300 9% Jan 25% 14% 14 % 900 11% Sep 21% Mar 7% 7% 600 6% Jan 7% Aug 1 common—_—25c Corp Bumper Michigan Steel 100 15 Oct 19% Mar Micromatic 10% Jan 13% Oct Middle 34 Sep 34 Sep Corp Tube L. preferred Petroleum Midland Oil Midland Steel Corp $1 — 11% 9% xl3 . 23% May ■ Jan 60 Jun 2% Sep 3% Mar 300 6 Sep 8 Mar Apr 14 Aug 11% 11% 700 it it 1,400 7% 200 8 % 7 1% Mar Oct Jan -8 % Aug 12% 12% 900 10% Sep 14% Mar 11% 12 12% 4,300 11% Sep 15%- Jan 10% Oct 13 24% Sep 12 Sep 26% Mar 17% Mar preferred—* conv 5b ' 200 6% 7% 1 common —- — Nov 2% u 1 Corp.. Hone Jan 6 -1 —2.50 * ——10 Michigan Sugar Co common States 14% 2% 1 Inc.. Brothers Michigan "7% 15 preferred Participating Michaels 15% Feb- Scott Corp— & Co. Iron 15% Jan 4 1 Co & Textile 6 '/n 40 17% Warrants Sep Feb Sep 10% Co Mfg Chapman Mesabi 34% 21 225 Sep Jun 8% * 10 & Co common.. Dredging common Johnson Merritt 23% 17% 1 5 (AG) McWilliams Mead Feb 22 >/« 17% 10% 8%. * McDonnell Aircraft Corp Menasco 13% Jan 1 Harris common (J W) Inc common McKee Sep Jan 3% July 23 10 Shovel— Power Massey Mays 9% 18 14' £1 Ltd Co 100 28% Jan 23% —• Mapes Consolidated Mfg Co Marconi International Marine Communication 400 V * Co B) 11% 21 21 —1 common (The 11% 5 10 Co Co Service Public Maine 4 Jun 5% 38% 300 Feb Sep Oct 2,600 B 7,000 8ft 4 6 Inc G) Groceterias 6'/a x21 10% 5% 10 Liberty Fabrics of N Y__ 5% cumulative preferred Class 1,000 ~5% 1 5 common (R 11% .'12% 12 1 —— preferred conv cum Lefcourt 14% * Jan 8% 34% Mai 2,200 9% 18 5 University— ——50c Extension 5% 6'/a 3% 33% 9% Jan 26% ' 200 1% Machine Monotype Lear Inc common Metal 1% Sep 49% Aug 12% Sep 3% 33 8% 1,100 2% Co Sessions & Salle La Marion Feb 33% 13,100 37% 37 5 Alabastine.... Jan 73% % 2 common Mar 11% 132% 133% 25 12% May Feb 23% 12 l7/a 50c Jan 15% 16% 133i/2 Inc 12'A 400 _____100 Leases Stores Sep 350 Co.—.1 Chemical Western 8 300 156 Paper..: Freehold Feb 4% Mar 12% 157 * "3% .. 10% 35% 35 lft Foundry & Machine Lamson Corp of Delaware Nov 108% 10% 5 ' & 117% Jun Sep Tea— stock... preferred Lakes Gridoil Co." Pacific Jan 2% 1 common Jan 112% July 181/4 » Varnish 26 5 1 Ltd Jun 12 Manufacturing common 4 Graham-Paige Motors 5% conv pfd__25 Rapids 2% 12% 10 »/4 Gorham Grand Aug Mar 106 17% ___1 1.50 Jan IOV4 * Goldl'ield Consolidated Mines Goodman Manufacturing Co... Sep 18% * prior 800 8% ___5 B $4.50 117% 200 3 7% 1 Distilleries Union 116 * __lo Jun 9% 9% 34y4 Mar 108 103% 117% 3 : Co 1% 99% « Gladding McBean & Co Glen Sep Jan 1 % 1 Feb 103 10% Corp 8% 27 10 20 Giant Yellowknife Gold Mines.. Gilbert (A C) common. Gilchrist 100 500 $6 preferred.. Gerity 9% 30 106 29% 106 ___50c common preferred..* preferred $6 9% 30 106 preferred Service 9% __5 pfd—100 common Adv X10% 775 "l% Lakey 5% May 12% - General 10% 9% 33%c 20c 1 Company Inc Mines Shore Loblaw 5 ....£1 reg 8% 9% Co:. Forge Laclede-Christy Lanston ' Co 5% convertible preferred General Electric Co Ltd— ■ Nov 5 4% Corp 9% 9% Kroy Oils Ltd 1% Alloys 1,100 ...7.50 Stores Krueger Brewing Co 10% common Acceptance General Sep 1 Co Corp 69% Mar 47/a 100 General 1% * 10 5 common 73% Mar * preferred 1,000 Ltd Co Co Rubber B) Oct " 4% M G Emil) (I Jun 10% ,. 1% 1% 1 67 5 Co Jan 10 59 ' 4% Lake (D Kleinert Lamson Gatineau 11% High Apr 450 1 common preferred 25 1.25 Co 21% 12% * 50 Co... & 1,600 , H bearer ... 7% Mar Kropp » receipts 26 12 1 Kirby Petroleum 50c preferred 69% * Brewing Co (Geo 8,800 28% Mar Ltd— deposit (Peter* 4ft Sep lft Sep 17 4 l American deposit receipts ord Motor of France— Fort 7,500 4 Ford Fox 2,100 1% Canada- Co American 20% 1% lit" X70 non-voting voting B 20 1 Low 25% 12% * 5 Lighting County cumulative * Inc Range Since Jan. 1 High 26 Ltd Mines common. 10 Inc Low 5 Inc Kenwell Oils & 2.50 Line Motor Class Class Ltd (Phila). Inc Shares *' —.' Co Kingston Products 1 25c Association Firth Instrument Ltd Petroleums for Week Par 4% Fargo Range of Prices ' 400 Line High 200 Sales Last Sale Price American Stock Exchange 14,400 32% Week's Friday Low , Pipe G STOCKS 5 25c or NOVEMBER Range Since Jan. 1 1 Warrants ENDED Sales High 1 Inc Eureka Low 10c preferred FOR WEEK for Week — Jan H Haelan Hall Laboratories Co Electric Rights :___.1 Ltd 21/4 2% 2% 1.600 _____5 Lamp Co Bridge Hamilton Hartford Inc 3% 3 % 3% 2,600 Light... __25 Brewing Co Hastings Mfg Co.—— Hathaway Bakeries Inc-.L. Havana Lithographing Hazeltine Hearn Class Co. Co.... •_* 25c 1 Hercules Steel Mfg & Horn 2% Jan Minnesota 25% " 28% 4.400 Jan Missouri 2% 200 7 7% Oct 30 4% Monogram 12% 27 13% Jan 18% Apr 14% May 21% Aug Sep 99 19% 20'/a 600 92% 92% 20 89 May Feb 21/4 2% 2% 900 XI% Sep 3% Feb 400 6% Sep 9 Jun 7% Feb 9 Jun 1 7 2.50 10'/4 10 10% 800 5 127/s 12% 13% ___i 2% 2% 2% 10 Oct 3.700 11% Sep 400 2% !__• : 12% 15 ZZ. 43% __* Baking Co Sep 10% Sep 131 * 71% Mar 9% May 12% Aug 16% Jan Monongahela Power Co— 4.40% cumulative preferred 100 4.80% cumul preferred series B..100 16 Jan 46% Mar Feb 17% 18% 400 17% Oct 98% Sep 107 Jan 26 26 26 200 25 Sep 30 58 x60 6.300 54 . Inc — common. 100 _ Manufacturing Co 5 2% Securities^ Oct Sep 4% Sep Products 5 14% 14 .16% 2,500 14 Nov 23% 74% Feb Co dep Imperial Oil receipts (Canada) , TV Muntz Ohio 13% 14% i 3,100 registered—El capital stock..* 29.' 29% 6,800 10% 10% 100 Indianapolis Pwr & Light 4% pfd__100 91 90 91 America...a__5 89 86 90% of North International Cigar International 12% July 5% 10% 16% Jan Oct 20% Jan 28 Jun 6% Feb Sep 9% 37 Jan Jan 11% Oct 6% May $3.50 Machinery 83 1,900 80 • series International Metal International Petroleum International 50 Products Investors Iowa Industries capital A Jun 7% Apr 100 Oct 100% Mar Jan Service 17 112% 111 112% Oct 3,600 103 Jun 27 • « Jun 25 Mar xl 13% Mar 32% Jan stock.* 201/4 20% 21% 8,700 18% Sep 12% 12% 13% 2,300 10 Apr 13% 1 2% 2% 2% 5,300 2 Sep 5% 84 Jan 15% Apr 12 Jan Nov Jan ..100 Irving Air Chute * 83% _1 84 280 80 10% 10% 100 10% May Sep 5% 10% 1 5% 100 5% Sep 3 3 100 1 3% 3% 3% -10c 1% 1% 1% -15c 1% 1% 1% — 400 2% Oct 5% Jan 3% Sep U Oct 5% Mar Oct 17% Mar Sep 3% Mar 27,100 ' For 37 38% 39 10,900 500 3% 3% 95% 95 % 37/a 5% Mar Sep Jan 104 Oct Jun 22 Jan 25% Mar 25% Sep 57% Jan 2% Jan 4% Oct "2% 174 _2% 176 330 86 20 96 Jun 88% 96 100% 100% Jun 700 2% 70 157 34 5% 5% 5% 4% 1,600 July Sep Jun Sep _ _ ' '* 1% _ — 1 1% 26% 7% 8 2 26% 8 500 96 103% 98 3% 176 Nov Jan Oct Jan Nov 37% Mar Jan 3% July 3% Mar 15 8,100 lft 5% Jan Corp 1 Electric 4%% footnotes see Daee pfd 37 100 2.% 2% 21,200 2% Nov 5% Mar 5% Mar 3% Apr 15 Oct 23 5,100 14% Feb 17% Mar 110 96% Jun 114 4% Jan Mar 8,700 1% Nov 200 25% Jan 700 7% Sep 9% Jan Jan 42% Jun Jan 33% Mar 95% Aug 105 Jan 32 % 350 6% 6% 1,700 15% 6% 15% 100 ■ 27 8 % Mar 6% Sep 1 Mfg Hess common * National & Stores common Petroleum Ltd— National Phoenix National Radiator Research Rubber Starch Steel National Machinery Transit National Union Neptune Meter Mur Dominion Haven 4%% Clock convertible Idria Jersey Min New Park & Mexico Co York Founders 2% 2,200 10,500 15 Jan 2% Jan a 1% Sep 13% Jun 16% Mar Sep 17 Jan 1% 2% 5,600 ltt Jan 3ft Jan 2% 6,800 1% 3 Jan July 13% Mar 10% 10% 500 12% 12 12% 2,100 17% 17% 17% 500 12 Jun 19% 16% 16% 17% 600 13% Jan 21 Mar 17 Jan 20 July 25 Apr 27% 26% 26% 100 1 3% 3% 100 2% 2% 22% 4 4 10% Sep x9% Sep 12% Nov Oct Jan 4% Mar 3% Jun 700 1% Sep 3 Jan 300 20% Jan 25% Apr Sep 4% Jan 300 4 3% ~1 1% 9,100 lft Sep 2i| May 113% 114% 3,500 109 % Sep 115% Feb 3% 3 % 900 2% Jan 4% May 7% 1% 114% 1 20 2 22% 40c 8 450 5% Jan 10% May iu Oct 1 1% July Land 1% 1,200 44% 41% 45% 11,200 41% Oct 60% 1 13% 13% 14% 1,900 12% Sep 23 1 Co U U it 4,200 % Sep 53 53 25 53 Nov 62% Mar 9 Aug 27% 26% 27% 1,700 25 Apr 10% May 28% Mar 7 May 28% 25% 28% 2,500 15% 50c 1 • common —* 10 Co 10 Merchandise Shipbuilding shares 8% -25 Chem common Auction & Sep 4 Honduras Rosario York York York preferred Arizona New New Co. Mining Co Process 1 2'/a 1 Ltd Zinc New New & Watch & 25c 100 Oil England Tel & Tel New 14% _2.50 common Co common British — 15 1 -30c Radio New 1,100 * common— New 2 4% 1 Ltd, Car 5% July * 17% Mar 10 — Products National Jan —1 Corp. National Sep 12% — Inc.——2 Co National Le 4%, 10c Industries Industries Presto National 14% 3% -- & Gas New 5% Mar 30 31 —1 National New & Dehydrating Co Bellas Fuel New Motors 100 1 Inc Alfalfa New Kansas Gas 10 Corp National Nestle Co— preferred Iron Fireman Manufacturing v t c Ironite Inc Kaiser 25 4% N Nachman Namm-Loeser's 30% Mar __5 Royalty Public 3.90'c 15% 100 xlOO Ring National 90 Hydro-Electric— Preferred 33% Mar Oct 25 1 —» Mfg Co Piston National 14 29 Co Inc 100 5 common—2.50 Muskogee Co common 10 Muter Company common 50c Murray Muskegon Jan - Imperial Tobacco of Canada i_5 Imperial Tob of Gt Brit & Ireland._£1 Insurance Sep 10 101% 102% Milling • common Imperial Chemical Industries—. American 29- 15% 4% Mar 5 I Zinc 275 2,600 15% National Illinois 4% 11% 15% .— Jan Mar 3 % Mar 31% 17 & 5% 29 1% Sep Mar 60 Feb 15% Tel 152 20 % 200 16% Tel Oct 500 2 , States Sep Sep 24 preferred series C —100 Monroe Loan Society com class A 1 Montgomery Ward & Co class A * Moody Investors participation pfd—• Morris Plan Corp of America 10c Mt Clemens Metal Products 1 6% cumulative preferred 4 Mt Vernon-Woodberry Mills 2.50 Mountain 42% Oct 4% 4.50% Jan 5 Hydro-Electric Hygrade Food 1 1 common common...7.25 129% 4% 10% * Power 10 100 100 common States 15 5 30% 4% n% * Corp Pictures 2 50 pfd 5% Light 23% 2 ! Service 5 24 Mountain Refining capital stock..* & & 1,300 3% Mar 23 43% 131 & Pwr Molybdenum Sep Jan 150 15% preferred Canada Public Jan 6% 17% 24% 14% 5 1 —50c common.. of Corp 24% 15% 5 convertible 4%% Mining Feb 50 • (Harvey) Lock 2% Oct Sep 2,900 1 21 __10 common preferred Humble Oil Hurd Jan Apr l____10c Co & Hardart & 5% 5% 12% 24% Co Miller Wohl Co Sep Oct 19 ' Refineries 3% 21' 197/e Piping Mid-West 9% 2% 7»/4 Nov Midwest * shares common Abrasive 300 200 Inc (Geo A) Hubbell ' 1% Co _•___* 50c dividend non-cum Mid-West 2,800 8% preferred class A_. & Hardart 1% Aug NOV 8% Holly Stores Inc.,: * ... Holophane Co common....... Horn 4 it 8% Hollinger Consol Gold Mines... Horder's 53% Mar Oct .1 common.!..; Co Jan 1« 68 % July 7% Jan convertible (R) 50 $2 Midvale "9% 9% 100 Products Co Jan 5 % Mar 19% Aug 1% 28 J/4 .100 . Hormel 2,500 1% 4 * ___2 ' preferred : Henry Holt & Co common. Hoe 1% 1% ___* common preferred 3% Oct Jun 25,200 5 common. 4% 5c/c 2,250 U __10c A Co 5 % ','c Higbie 51% 32 _97/a common Rubinstein Heller 1 ... Stores Mining Helena 50% 2 Corp Dept Hecia 5IV2 la 1 ._ Harvard 1% July 3% 14% * ... Products— Jan May l7/a Mar 9 Feb Corp— 1 Jan 28% Nov 35 The Commercial and Financial Chronicle 36 ... (1800) Monday, November 9, 1953 AMERICAN STOCK EXCHANCE RANGE FOR WEEK NOVEMBER ENDED 6 ' Sales Week's Last Range of Prices Shares Sale Price American Stock Exchange Share Niagara Nipissing Amer North North 17% 16% 17% 10,400 14% Sep 20% Mar 1 1% l/tf 1% 1,100 1% Aug 4% 4 'A 4% 8,700 3% Aug 2% Mar 4% Nov % Central Northeast Oil— Texas Northern Ind Serv Pub Novadel'-Agene Oct 3% Mar Sep 44% Mar * 17 ~2% 90 Corp 94 95 ♦ 23 22'/a 24% — 4% Sep Jun Lock Segal Co — Radio Sentinel Corp, May Jan Mar 92 Leather Seton Shattuck Shawinigan Water & Sherwin-Williams 4% Jan Shoe Jan 29% Oct Sicks Corp Brass Ohio Power 4%s Oils Okalta Okonite Old preferred— Ltd Oklahoma Company Town 40c MS 83% 80 —25 84% 9 Corp United 6 __ class Filters 63 100 6 B—— 8% 500 Inc 41 X 16 Securities Overseas Sep 16% Jan 6% Feb 23% Mar South Coast Nov 9% Mar South Penn 20% May 52% Jan 15% 700 Jan Oct 19% Feb — 16% * — — 1 3 3 Soss * preferred- 5% common Co cumulative 4.88% Can Co 5% redeemable 5% redeemable 4.80% red Pacific Jun 16% Jan 30% Jun 34% Jan Southern 30% 30% 30% 400 27 % Jun 31% Jan 27% 27% Jun 28% Mar 25 27% 27% 27% 800 25% Jun 28% Jan Royalty Co Spencer Shoe Corp Stahl-Meyer Inc series A....25 27% 27% 27% 1,100 25% Sep 28% Jan Standard 26% 26% 500 23% Jun 27% Jan Standard 98% 98% 60 91% Jun 102% Jan $1.60 97% 97% 80 90 Jun 101% Jan Standard Forgings 101% 102 «/4 490 96 Jun 102% Aug 3% May Standard Oil 25 — preferred--- - cum • dividend Pacific Northern & Pacific Public Service . 100 pfd Park Oil (C A) Pen Class Penn • Rig Power Water Pep Boys & 1% 1% 3% 3% 4 4% 4 — 25% 3,500 3% 500 common pfd 13% 100 12% 13% 14% 1,600 26 26 14 % 6% • trnm 13% 10 6% Screw 13% 3,400 Pioneer Gold Sep 17% Feb Oct 36 Jan 5 Oct July 11% Sep 95 Jun 6% 1st Pratt & Canada Prentice-Hall Pressed Inc. Metals _ 3% 1,900 22% 3,100 4% 3% Jan 17 Co of class Service Sep Sep Jan 75 Sep 38% 11 67% 661/2 67% 770 57% 37 36% 37% 600 28 7 7% 600 6% 3% 3% 100 2% Aug 3% Oct 19 _ 1,900 5% 36 100 36 Jan Mar Feb 4% Jan Oct 8% Mar 33 Oct 40% Mar 110 — — — Stop Sun 1 July Ray Drug Raymond Inc Class A_ Reda Pump Shoe 97 B — Technicolor Texas Inc Power Thew Shovel Thiokol Thor Co Thorofare Oct Tobacco & Tobacco 5,300 2,300 1% 318 Apr Aug 1% 1% Sep 8% ioo 7% Apr 9% Mar 9 300 8 Jun 9% 2% Jun Feb Grande (Texas Rolls - Todd Shipyard Toklan Edison 25% Jun 30% Mar Trans Sep 19% Mar Trans Lux 36 250 22% Apr 36 — 101 May — 19% Jan Feb Nov ,21% Rome Co— (The) Corp Russeks pfd 45 Fifth 3% July 1,700 41% Sep 6% 300 5% Apr 6% Jan 5% 2,700 3% Feb 5% Nov 300 5"% Sep 9% Feb 8% 900 5 Jan 14% Apr % 100 24% 25 % 500 8% 9% 9,100 5 _ 1 9 is 21 8% - 24% 24% 1% 1% 50c 24% Sep 1% Mar Sep 28% Jan Sep 9% Oct 200 24% Oct 1% 500 1% Sep 2% •1% 1,000 1% Oct 2% Aug * Vi2% * 27% Mar Jan ' 2 92% %v *2% 90% 3,500 92% 540 2% July 82 2% Feb 94% Jan 7% 24% 40% 9 Oct 18% Sep 26 Mar 18% Sep ' 19%" 19% 24% Jun 500 1,000 * 5 Jun • £i 4 40% 2,100 33 Sep 26% May 43% May 11% 12% 2,100 10 Jan 14% Mar 13% - 13% 2,100 12 Sep 17% Mar * Co - 10 40% 1 11% * common. ... common 1.25 Aeronautical Co Consolidated . 5 _ * ■ 5 5 200 15 Petroleum Haynes ajn 4% 24% Ave 4% 23% May 57% May 6% 100 F. common Ryan & Jan i Ryan Ryerson 21% 44% Ltd Co 1 common Tonopah Oil & Inc 15 100 12 3 2,100 2 5% 2,600 4% 2% 2% 5 5 l 4% Oct 6% Mar Jan 16% Mar Sep Sep 4% Mar 6% Mar Inc Scullin Steel Co Scurry Oils Seeman wir i*f 35% 2 8,600 30% Apr 1% Sep Bros 5% "5% 2,600 3% Sep 7% . Airlines 3% 12,700 2% Aug 3% Nov 18% 6,400 11% Jan 18% 1% 1% 1% 12,900 21% 20% 21% 1,200 1% 1% "I,7* — see page 37. l j. ; 26% Jun 24% Feb Jan 5 1% 1% 4 4 35 Sep 49 Mar 200 1% 4% — Jan 600 38% 5% 8 x4% Feb 2% 37% 5% __ Sep Sep 5% Jan % Aug 2% Jun Sep 6% Apr 18 Sep 20% Apr 12% Sep 17% Feb 38 .Tnn 41 % Mar — 19 17,000 400 100 16% 25% 19 12% 40% 16% 25 13% 41% 17% 25% 13% 13% 13% — 41 19 300 1,100 3% 7 % May Jan 18% Sep 450 20% Jan 26% Oct 6,800 11% Sep 16% Mar 12 Sep 15% Mar 10% May 4,600 11 Feb Jan Feb — 1 __ • — ♦ 30 % Jan 700 x28% Sep 3 Vs 30% 2% 30 % 5 3% 1,700 2% Jun ♦ 16% 16% 17 250 16% Jan 18 14% Jan 18% May 5 com -- 3% Jan Mar - 1 9 — —10c ■ 2%' 1 3 2% 3 21 20% 21 8% 5 1 Sep 275 2,600 8% Oct 20 6% Jan 23% Mar Jan 9% Apr 29 % 150 28 Jun 31% Jan 17% 700 16 20% Feb 5% Jan 4% 9 4% 9% Sep Sep 300 7% Sep 37% 125 x27% Feb 37 Oct 3 x3% 2,100 2% Sep 4 Jan 12% 225 10% Jan 16 Mar 4% 3 15 Co 3% Mar 4 37 — 9 37% * Sep 17% — 25c —.-1 Inc 9% Mar Jan 1% 2% 100 7% 29% — • Corp 7 2% 8% 1,800 3,100 9 " 2 ' * — 11% "7%" 7% 1% 13 "7% 2 13% 11% 5 xll% 12 300 , 700 9% Oct 11% Oct 15% Jan 11% Nov 15 Jan 900 40 Jun 50% 14% 9,000 14 Sep 17 % May 100 95 May 1,600 21 11% 48% 50 14% 14% * — 5 pfd 11% 50 1 $4.56 11% • 104 1,350 23% 104 22% 23% —1 10% 10% 10% 600 20 Corp. _■ 16% 21 % 16 17% 1,300 21% 21 % 100 Inc 25c Stocks. 5 Co Temper 23% Oct 7% 800 6% Jan 8% Aug 17% 49% 400 16% Sep 19% Mar 500 35 % Apr 50% Oct % Nevada 100 1 , M Oct 200 3 1,800 2% Sep 4% Jan 95% 75 85% Jun 97% Jan warrants Nov Feb 58 1% 4 1% 1,100 1% Oct 2% Feb 217,1 3,600 1 Sep 4 Jan 3 2% __ Corp 47 2 A — 1 3% 400 2% May 4 Jan 5% Jan 3% " 4 16,300 18% 18% ni 100 3% Sep 17% Sep 19% July 16% __ * ; Jan 48 95'A 47 .2% * ; % Mar 6 47 2% — 100 Ltd Inc Jan 17% 28% May 13% Mar 5% July _70c Corp Tri-Continental 31% May Sep Nov 16 7% — 20 common.. of Oct Jan Ltd— preferred Oils Sep 8% 105% 17% 48% 7% 17% 1 1 Corp Realization Corp..: Unexcelled Chemical Union of Gas Union Investment Union Oil $3.75 Union Co of Apr 18 Jan Aircraft United Elastic Milk Molasses Amer NJ Profit 10% RR Omaha Co & Foil and $5 class 10% Jan 1,000 88% Jun 96 Jan 73 Jan 1,400 4% Sep Apr 80 5% 6 May 200 34% 43 Mar Radiator US Rubber x4% 5 36 % __ 37 — Sep Jan 13 7 Aug 3% __ 100 221 __ 25 Corp i : Jan 4% Oct Jun 235% Feb 2% B • L..1 _ Securities with 1 common 1..1 Insurance Products - -- 6 % Oil Sugar 5 Jun 40% Jan 34% July 38% Jan 19% Mar 35% 2% 11,500 Jan 3% 400 14% Jun 20% Aug 325 52% Jan 72 July 36% 2,300 Sep 43% Jan -6% 2,600 5 Sep 8% Jan 100 86 Sep 96% Mar Sep 11% 6 - 90 , 1% 30% 6 % 3.100 6 2% 100 2 100 11 56 57 2% 200 | - —1 -- Jan 65% 2% 10 1.10 common 6% Mar 14% 6 % 1 Jan 64 % 10 Co 400 11 Mar A May 18% -18% 90 1 _50c 90 15% 35% - 90 Reclaiming Co Corp common Consolidated 36% --6 Stores Universal . * warrants.....• 5,400 -36% 2% 221 800 4% 37% 15% -18%-65% * preferred 36 15% —_10c Co. 36% — 1 50 % ' 1_ - 36% common—_25 common 221 % — 1___L_10 i preferred U S United Aug 95% _10s common International 1st 7% 95 * Canal Conditioning convertible U S Jan Nov 25 Air US 9% 32% 20 common Machinery Finishing $4 Feb Oct Jan 100 Preferred US 3% 3% 26% Ltd— Sharing United Specialties US Jan 700 500 common__50c ; preferred Shoe 1% 3% 32% A dep rets ord registered United United of Products United 3,800 3% 31% 4 Corp United 2% 3% 32% 95% Co Products United 2% 5 * series Yards United 2% 10c California— preferred Stock ... Corp Canada 2% Apr % 41% Sep Feb Feb Jan 2% July Feb 1% 57% Oct 21% Mar 1,200 24% Jan 25% — 2% V Feb 2% 17% 50c Inc footnotes 5% • common General 22% Jun Oct 37% Jan 2% Sep 3% Jan 316 Mar 18% 1 Ltd— Corp 22'/« 38% Mar 5,000 A l Co common Western Securities 35 1 (DAi Seaboard MS „25c Brick Inc Schulte 35% l (Del) Fisher — 500 6% Trust Mining Utah-Idaho 8t Lawrence Corp Ltd common Sapphire Petroleums Ltd Schick 33% Mar 4% 34% Universal Savoy 35% Mar Jun 6% Universal Sayre Jun 28% o % Inc Corp Oil 475 1 Rotary Electric Steel Rowe 23 % " Field Royalite 100 , dep rets ord reg Cable Roosevelt 28% Mar 31% Oct 7% Royce Ltd— Amer 3% 1% 4 % — Mar 700 700 34 31 % 24% Jun 4%% Empire 12% 90 6% —1.1 Elee & Jan 27/a Corp Royalty 300 100 6% - vtc Gas Jan 48 May 1.400 common Allied 600 1 _ Mining Co Corp) Rochester __ deposit rets ord registered—£1 Amer deposit rets def registered—5s 13% 6% • Gas 33% 40 26 — — 31% 24% Amer 30% .1 - Inc Valley — 31% 580 3% Roofing Inc Realty & Construction 97% 5% Engineering Radiator Mar 8% Mar 40% 3% common Security 122% 45 ... Rico Argentine Rio ♦ - Inc Richmond 45% — —5 Markets 12% Mar 3% __6.25 — & Arms 45 1 common Chemical 35% .1 . _______ Co Rice-Stix — 11 Sep Sep Sep Light Corporation 13% 36 . Co Remington Sep 5% 31 % Jan Aug 5% Mar Sep common & 30 — 13% 22% - (Robert) & Reliance Electric 9% 200 1,100 33 20 Sep Sep common 97 * —5 common. Co Co Reis 400 4% 7% common Electric Co Tampa 11 1% common . Regal 2,500 4% 9% 5% 4 Cement A Sep " 8% 100 class Aug 211} — Pile — 4% 9% 5% Jan 3% Corp 8% ■ Concrete 4% 100 Die Oil 9% * B 42% 32% 1 & 900 ' ...10 Reading Tube Corp class A Class Nov 3% July 18% Jan T Talon Trunz Investment Co 33% 100 200 common Tool Finch Swan Ulen Packing 3,500 3% Nov 33 600 common 7 Rath .5% Mar 17% Mar Jan 8% Supermarkets Superior Toledo Co. Utility Jan Feb 29% 5 Corp Co 300 11% ' & 4% 12% 4% Tishman Q Railway 50 600 8% Inc & Tilo 112 8% » _ (S) Feb 10% 2% _ - (Hugo) & Shop Stroock True Power Jan 4% Mar 4% common Jan 150 10% 2% common. B) 44% 40 xl0% 10% 1 Manufacturing Quebec (J Stinnes Sep — 39 ' f Colorado— Co Stetson 37% ' 100 _J Mar 23% Mar 3% May 1,400 2.50 _ 3% Mar Oct 7% 6 4%% cumulative preferred— Sound Pulp & Timber com. Pyrene 1 % 1% 4 Puget Pyle-National 21 % Sep 4% ordinary Jan 1,600 2,300 Ltd B Aug May ~2% 1% 2 • of Jan 3 Feb Nov 5% _ Feb 21% 3% Providence Gas Public 4 Jan Sep 5% America Nevada Corp Prosperity 7 Jun 1% — Producers 17% Mar 4% Sterling Aluminum Products Sterling Brewers Inc ■ Sterling Engine Co : Sterling Inc 600 2 * Mines Sep 4% common. 5 3% 1% —— common of Feb 15 21% 1 Corporation Superior Portland 3% _ Preston East Dome Nov 105 July 1 Canada & Co Sunrise 19% * _ Co (A) 70% Mar 25c common of Parts 16% 2 • _ Co Steel Stein Jun Sep 2.50 _ preferred Lambert 77% Jun Jun Jan ■ 10 _ common. Steel 13 Jan 41% Mar Sep 2% 3% 50 common Alexander Feb 1 B Corp 100 1 of 14% Mar 108 1 (____ Scale Corp 7% May 5% Feb (The) xl4 22% 5 Mining Co Power July 127/8 1 . Metallurgical commonRailways Co.. & 15 Aug Starrett Sep 4% 1 Ltd. Mines 65 Oct 8% 44 Co class 58 10c ... ... Pittsburgh Pleasant Valley Wine Co Powdrell 15 Tube 33 shares...10s Piper Aircraft Corp common. Pittsburgh & Lake Erie Polaris Feb 4% Mar 26 " Pneumatic Standard 660 __ • Amer 14% Sep Corp Products Standard-Thomson X61% 61 _ __ Ltd Standard 3% 21% * B 325 xl4 Common Johnson class 950 61 % (Mass) -20 Co.. Governor Packaging Corp— preferred & Light common Power Sep ' Pinchin Corp Convertible Common 11% Mar 37 % May 3,600 — — 1 (Ky) 37% 36% 1 _ Standard Standard 2,300 1,300 3% 3% — —* 2.78 1 20 1 10 1 10 1 ——— Co Dredging Corp common convertible preferred 102% 103% 37% _ Pittsburgh Jun Brewing Feb 5% Mar 60 Jun 5 3,400 «... ■ 12% 103 • (The) 5% — 100 Co 2% Jau 13% 2 . 69 Sep 53 ■ 4% 100 1 Pepperell Manufacturing Co Circle Corp. Phillips Packing Co Phillips Sep 67% July 1% Feb 13% 2.50 Perfect Pierce ~ 4,100 13% 1 ... Power Jun 3% Aug 12% Jun « ___ Light 4%% & 21% 2 __ _ Corp Penn Apr 2 Mills Co__ . «._• - 1% share.. 1 Bol Reel & Jan 24 200 103% 800 ' A Ltd Penn 24 % 24% — 2~Bol 1 class Traffic Pennroad 13% Mar Jun 17 1 Plymouth Co 6% Aug — • vtc._ Corp. Co Parkersburg - ______ A) _ Patchogue Oct 2% 600 6,900 97% — Company. B Patican _ (C Amer Motors Chemical Parker 2% 9% . » common Petroleum Paramount 2% 9 ' 5% _ Pantepec 2% ....1 25% 200 9% 1 Ltd Light $1.30 1st preferred. Page-Hersey Tubes common.. Pancoastal 102 % — Airlines. Petroleums Power 97% • preferred Pacific ■ . . « preferred $4.75 26% 25 . preferred div 25 . _. Line- Pipe 100 10,700 — 32% 25 1 5 Southland $4.40 Pacific preferred 12 1,100 preferred $4.50 cumulative 300 33»/« ___ 1st pfd 1st Lighting 4!08% 13% 33 13% 5 . 1st pfd —25 6% 1st cumulative preference preferred 13% common 5% '/o 1st preferred 5% 1st preferred— convertible 4.32% Pacific Gas & Electric 7% Mar 33 x5 xl4% 33% 34% — 25 25 25 25 preference 4.48% Pacific 17"% Mar Jan 800 17 4% -- 25 preferred convertible 4.56% Sep 5 E'dison— preferred original 14 19 14 3% 12.50 common California Southern Mar 100 — 33 — x5 14% 34% 1 1 1 common Corp Oil Apr 15% May 6% Jan Publications— Corp Manufacturing Jan Sep • A: A 1% 2,300 96% class Sonotonc Sep 35% 850 16 15% Nov 18 41% 40 84 % 4 2,100 ■ O'okiep Copper Co Ltd Amer shares-10s Jan Apr 70 — Pattern common— 1 Ltd common— * Singer Manufacturing Co ; 20 Singer Manufacturing Co Ltd— Amer dep rets ord registered--—£1 Smith (Howard) Paper Mills—— * 6 - 4% Jan 3% 20% 4% 39 77% 1.200 % 15 % 5% 14'% 5% 39% 77%, 14% 5% 39% Simplicity Simpson's 15 ■ — 4 Olympic Radio & Telev Inc.; Omar 1,800 9 107 Apr 18 Sep Jun 1% 3,700 Jan 57% Mar Jun 95 1,200 19% 2% Sep Oct 46 70 1U 19% _ common— cumulative preferred Oliver 75 106% 1% 5,200 19% 90c .—7.50 common 2% 46% 106 106 .—100 ____ Gas. Natural 1% 46% • class B common 46 2 50c common Co J/a 15% 5% — Ltd $3 convertible Corp Ohio Sep SeP * common Simmons-Boardman Ogden 4% —100 Breweries Co Silex Oct 700 Canada of America of 9% 4% High Nov — 25 common preferred Sherwin-Williams 98% Power % 50 % —5 ——* Mining 46,500 5% — * common. Denn Low % 10% 4% 10 % — 20c Inc—-— Servomechanisms Range Since Jan. I High % 10% A .1 10c 1 common Safety Control— class B — Sentry Shares Low 1 12.50 Hardware & Shoe Selby 87% July 20% 7,600 ~h 22% Mar Sep 2% 1,100 94 3 Sep 82% 2% pfd—100 4 % % 1% 2,200 .—50 Co—. RR Jan 1% 40% 5 >-1 Airlines Penn L (6 2 1% 25 % Jun 300 1,500 1% 41 40% % 7,500 A 1% 1% .— Ltd.. Oils 19 for Week par Serrick Corp Is 1 preferred.50 $3 Oct Ltd— Products Rayon Canadian North 1,300 dep rets ord shares American Mar 16'/a 1 — Metal Norden Laboratories Corp_ North 15% 1614 Sales Range ol Prices • High 16% — Inc_ Non-Ferrous Low 5 common Mines Lites Noma Range Since Jan. 1 High * Corp Pond Niles-Bement STOCKS American Stock Exchange < Low Pur Week's Last Friday for Week STOCKS Sale Price , Friday 2,000 1% July 19% Sep 1-.V 300 1% Sep Sep Sep 200 12% Oct ~ 1,500 5% Oct Valspar $4 Corp -- convertible 2 Feb Vanadium-Alloys 28 Jan Venezuelan Jan 11% 15 % 4 Feb Feb Jan 300 1,000 22% Sep Sep 30 % 29% 25.600 16% Jan 29% *3% 1,000 5% 1,300 26 preferred 26 % 800 24 Oct 39% Jan xl3% 13% 600 11% Sep 14% Apr 5 Steel • x23 __1 29 Venezuela 2 IS 6% 23% 6% 1 common Co Petroleum Syndicate Inc Vinco Corporation Virginia Iron Coal & Coke Co Vogt Manufacturing .20c .1 1 24% ,3% __ 1 • 10 • 5% 73 x23 13% * 4% * Sep JJ3% Sep 41/2 Oct 7% Mar 83 5 May Jan Nov Mar 8% Mar Number 5271.... The Commercial and Financial Chronicle Volume 178 (1801) AMERICAN STOCK EXCHANGE RANGE Friday STOCKS American Stock Last Exchange Par Aircraft Wagner 7% Co Shares Low Baking • voting ctfs ext * preferred Waitt & Bond Inc Low $6 Utilities 1% 2,500 300 6% Jan 10 850 3% Jan 13% li Aug 1% 10c 1.28 4% Willson 12 17% 17% 17% 17% 17% 19 5% 1 Inc Lt Woodley Petroleum 4%% pfd (F W) 8 4% 19,500 Jan May 3% 6'/a 9 Jan 2% 500 2 % 10% Jun 12% 13% Aug Oct 31% 32'% ®0 • 8 32 1,600 $63% 57% 58 56 96 34% 43% 40% 72 37% 44 40% U 36% 41% 29% 32 100% 100% 100% 63% 63% 63% __ 101% reduced to 2%s f s Mar-Sept $38 Jon-July _ 40 Sinking fund 3s Interest ARussian A5%s 1997 E series Jan 1997 1 Rio de Janeiro stamped v 2008 2%s ,40 (Republic of)— Extl 40% 40% (Plan A)— reduced to 2% 2012 33 $31 June-Dec 6%s Government Jan-Jnlf Jan-July $4 1919 1921 30% *No 3 6% 3% 4% $4 Apr value, 6% Deferred delivery transaction (not included in year's range), d Ex-interest, e Odd-lot transaction (not included in year's range), f Ex-distribution, g Ex-stock dividend, h Exprincipal. n Under-the-rule transaction (not included in year's range), rTransaction for casts (not par a included in year's range). x Ex-dividend, y Ex-rights, z Ex-iiquidating dividend. $Friday's bid and asked prices; no sales being transacted during current week. A Bonds being traded flat. § Reported in receivership. Abbreviations used above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬ tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "v t c," voting-trust certificates; "w i," when issued; "w w," with warrants; "x w," without warrants. Stock and Bond Averages 3% Mar Mar 14 105 y4 Below Jan 15 May listed on the daily closing averages are 16% Mar 44 % of representative stocks and bonds the New York Stock Exchange as compiled by Dow, Jones & Co.: -Bonds- -Btocks- May 10 10 Ltd— 30 6 £1 Ltd __ 2 • ljf May 1% 9,200 2 Jan 3 5a preference Wright Hargreaves $58 High 63% __ Oct Sep 14% Low Feb Sep 14% __ Interest Peru l^V Aug 550 98 1 June-Dee Jan. 1 Wo. High $63% Range Since Sold Mar xl4% Sep 11% 2% 11 Apr 6% Oct % 2 common 12 25 Feb\ Feb 100 650 100 * American deposit receipts 6% , 2% May-Not April-Oct Mortgage Bank of Denmark 5s 1972___-June-Dee stamped (Plan A)— Oct 19% Sep 8% 6% % __ 19 Aug 25% Mar Oct 4 8% % 1 Wood Newspaper Machine— , 200 5 34% May 23 % Jan Nov 7% 21 11% l Woodall Industries Inc t 200 1 Ltd common & Mar Mar 200 23% Aug 13% Aug 6 __ 25 Pwr Woolwortli 8% • preferred Wisconsin 17 450 1,600 Bonds Friday's Jan Feb 1,500 5 5 8 Mar Jan 2% l Co 113 Sep 8% 21 Nov 1% 11 21% 7% 21 5>/a 7 Va 32% 2,025 1 Corp. & Brothers 7% 25 Jan 189 Sep Sep xl77% 32% or Bid & Asked Parana Feb May 1% Sep 4 50 184 11% Inc Jun 50 32% Corp Petroleums Wilson 5,600 __ 8 Stores Products Wilrich 182 2,400 1 preferred (Win) & Co Oil j-) 2% Oct 3% Aug 110 July 5% % 4}§ lo ; conv (R C) 10 jj] 4{| 184 xl48 9,500 11% Weyenberg Shoe Mfg Whirlpool Corp River 5 Va 20 Westmoreland Inc 590 112% 112% Maryland Ry 7% 1st pfd__ 100 Western Tablet & Stationery com * (The) 167% 166 4% • Coal 1% 14,500 167 Ms • $6 Mortgage Batik of Bogota— a7s (Issue of May 1927) 1947 a7s (issue of Oct 1927) 1947 AMortgage Bank of Chile 8s 1931 Jan 10 9 11% Sale Price Low Jan i% 8% Western Williams Aug 8% i% 9 • Wichita Jan 14 y4 100 lOo Wickes 1% Jan 100 pfd Auto Apr i% 12% Western Homestead Oils Ltd Western Leaseholds Ltd 5%% 1 Aug i% 1 Knapp Inc preference Whitman 8% Mar 112 Jan 12% series White's 200 Sep 7% July 105 • Westmoreland 7% 3% Mar 2 30 Wentworth Manufacturing West Texas 100 Last Period High ._1 Corp Webb & 2Va 7% Baking.Co warrants Wasatch Week's Range Interest BONDS High 2% __ 6 American Stock Exchange Range Since Jan. 1 100 $2 cumulative preferred Waltham Watch Co common Ward 2% NOVEMBER for Week w Waco ENDED Friday Range of Prices Sale Price WEEK FOB Sales Week's 15 Total 10 First Second 10 Indus- 7y4 July 3% Sep 20 Rail¬ Util¬ 65 Indus- Grade Grade Util¬ trials roads ities Stocks trials Ralls Rails ities 96.74 96.54 96.58 96.63 97.08 Date 2% Feb Sep 97.26 51.14 105.40 97.44 97.53 97.02 51.39 105.61 97.43 97.70 Total 40 Bonde 97.06 Week's BON D.S American Stock ~ Interest Last Period Exchange Sale Price or Low Appalachian Bethlehem Elec Steel Edison Boston Delaware Lack 1st J. June-Tito June-Dec 96% 1970 N or 1947-1978 of B 1993 May & Low 105.55 97.50 97.94 96.55 96.75 97.18 Nov. 5__ 279.09 97.43 51.49 106.24 97.54 97.93 96.60 96.79 97.21 High 96% 102% 135 96 % 91 96% 90% 17 84 7 60 68% 4s 56 63 series Fuel Lt 1965 3%s & 95 101 — (35 Stocks) A6'/2s Finland 5s Nov ex RR 5s $56% —— Jan-July Mar-Sepi 1956— Residential stamped Green — 58 96 — 96 5 $103% 105 — — 103 M'on. Mar-Sept 3%s Western with A7s ex Italian Nov Nov 1963 Valley Extended A 1st Jan-July 101 53% 53% — 1952 coupon 2 $90 1952 _Mar-Wo® Power 3%s 1st mortgage Pennsylvania 3%s 6'/2s 82 90% — — 82% 76 75% 85% 89% 89% 5 79% 19G3 to 3'/4s 103 $142% Jan-July April-Oct 1968 197l_^ 3 100 1964 prices based on the closing prices of the common 30, 1953 for composite and by major industry and with highs and lows for the groups compared with the preceding week stocks for the week ended Oct. current year are as follows (1939 j 21 A6 %s Oct ex Non-Durable 103% 100 102 — — — 99 J 103 Utility 93 101 Trade, Safe Harbor & Wafer Southern ' 3%s 1st Power California series and A ref 1981 Corp 3s conv Edison series 3s deb — 1973_. 144 May-Wop 147 $91 1962_Jan-July 1965 3s B $30 ~ 147 Jan-July 1973 M 242.5 +1.4 + 0.6 204.2 122.2 201.5 222.3 +0.4 —0.5 —0.3 +1-2 and Service Finance Mar-Sepf Jan-July Feb-Aug 95 $73 __ 75 100% 1007/s 100% $98% 99 $94 series C 1976 3 '/ns series D 1976 3%% series E Southern Southern 1st Counties mortgage Southwestern Spalding Starrett Stinnes Stinnes 95 30 90 3rd 91 96 97 99 92 96 Stoclca with 1970 Aug ex A7s with Dec 1 Dec ex Wasatch — 96 96% 104% 101% 10 97 97% 7 $100 Feb-Aug 100% $89 9 94 101% ~ 92 133 Jan-July — — — 93 1 April-Oct coupon 98 90% 93 133 133 139 — 1 140 coupon $2,982,000 $328,000 —Holiday- 1,340,876 $2,654,000 3,120,000 409,000 1,727,300 2,822,000 420,000 Fri. Nov, 6—; 1,702,630 3,068,000 425,000 50,000 6,253,456 $11,664,000 $1,582,000 $65,000 $15,000 Total 112% 157 3,242,000 3,543,000 — $13,311,000 Jan. 1 to Nov. 6 Stocks—No. 112 — 6,253,456 $65,000 shares- of 273,682,376 6,632,070 $21,000 912,000 816,000 66,735,290 156 93 298,261,774 — 1956 — U. S. Bank 1,582,000 1,058,600 80,134,940 11,664,000 12,265,100 579,267,600 554,462,500 $13,311,000 92% 93% ~7 $103% 104% 97 76 99 Industrial Total $13,344,700 $660,357,540 $622,136,940 104% 106% 106% 1 105% 112 100 -- 2 99% 101 Newspaper Union— 1959 and $30 92% Feb-Aug $123,050 $43,000 Government Railroad $90 June-Dec 1956 ■ 1952 1953 19 52 1953 International $30 — June-Dec debentures 3,544,00b — 88% Foreign 1960 Traction 5s I Bonds 1,482,650 93 81 77 10 $90 Feb-Aug West Petin s Government Bonds Bank Bonds Wed. Nov. 4— Mon. Nov. 2 Tot*I Bon& Sale$ United Statet Foreign Bonds 101% 83 __ Co— 1940 coupon 1947 213:4 Bonds 1953 1947 coupon 1953 1940 Corp deb 6s ser A conv Shares Tues. Nov. 3 102 Co— Jan-July June-Dec Western Week Ended Nov. 6,1953 Thurs. Nov. 5 — 93 $80% — April-Oci 1963 Washington Water Power 3%s 1964— 6s — 101 101 _ May-No® 1946 1 115.4 195.0 268.3. Week Ended Nov. 6 1 Electric Service United A7s Aug 195:0 213.8 Int'l Railroad Number of and Miscel. Corp— Hydro-Electric A6%s ' 3%s Industries— 2nd stamped 1946 A6%s 228.9 125.2 Daily, Weekly and Yearly 101% 95% 94 —— $104 — Feb-Aug April-Oct Jan-July Electric stamped 259.1 242.0 95% (Calif)— 1971 & 172.4 Transactions at the New York Stock Exchange 147% (Hugo) A7-4s Terni 1D70 & Bros 5s 1989 (Hugo) A7-4s 3%s Inc 5s coll trust 1966 Corp ■ Feb-Aug Gas Gas 3s Gas (A G) Feb-Aug 1978 California 202.0 — — 130% 75 _____ 98 $91% — 8 ' 2%s 178.4 235.6 210.2 90 .v Co— 1998 Sapphire Petroleums Ltd 5s $90 1960 Gas debentures 6% 187.6 low 207.0 +0.6 +1.0 205.0 $21.6 200.0 1 225.0 Goods Transportation 189.0 216.2 243.9 —— Durable Goods 87 $100 1960—April-Oct coupon 1947 coupon 1 Electric Service 50-year -1953- High Change 190.3 ! Manufacturing 89 98 90% ' 99 $101% 102% — 142% Oct. 23, '53 190.1 218.3 - Mining Public 100): Co— 1940 1 = Oct. 30, '53 104 77 87 102% 102 $96% June-Dec 127% __ $85 — April-Oct Jan-July Oct 49.67 Jan 30 45.06 May 1 90 103 — Jan-July Water & Power 3%s With Low The SEC Index of stock Composite 1953 Hydro-Electric A6%s for 1952 High 46.96 Percent May-No® 1970 Piedmont Range 46.82 SEC Index of Stock Prices 59% 53 81% April-Oct 1961 mortgage 3s 16 46.67 6—— Nov. 2 44.40 Sep 95 75% $30 ~ ctfs 1963 1953 extended Power Fri. 49.80 Feb Low Holiday 5 1953 for High 46.64 . 4 Nov. 102 Trust— trust to 4% mortgage 6%S due 1st 77 93 — $99 ~ Electric Power Co Ltd— Nippon Nov. Thurs. — — 3 Wed. 75% RR— at England $91% __ June-Dec . coupon liquidating Midland Ohio 1947 Realization Power AC/2% 1940 1 1 — Nov. RR— (stmpd mod) 1970 Hydro-Electric Co— A7s $30 -- 2 Tues. 106% 75% Nov. Mtge Bank— Power & $90 May-No® ser Isarco New May-No® 1961— Mountain Guantanamo 4s 1940 coupon 1953 J947 coupon 1953 1 l Bureau, Inc. Range Closing Date— Ercole Marrelh Elec Mlg Co— A6%s with Nov Average 91% 65 Over-lhe-Counter Industrial Stock 150% 65 May-Nov Gas 51.44 Compiled by National Quotation 1993 Water 6 90 90 Jan-July mortgage Ehnira 96.72 RR— A Eastern 276.82 Division— J mortgage 4s series A 1st No. 101% $130% Sine* 4- Election Day- -Election Day Jan. 1 Sold High 101 101 Quar-Feb A series Western & Lackawanna 1970 1998 1 Range 276.72 3 Authority— series revenue 3y4s Aug 2%s Chicago Transit 3%s Power 6s Bonds Friday's Bid & Asked 275.81 2 Nov. Range 30 Nov. Friday Oct. Nov. 100 Transactions at the American Stock Exchange Daily, Weekly and Yearly .+ Stocks BONDS Interest American Stock Exchange Last Period Sale Price or Range Friday's Bid & Asked Low Agricultural Mortgage Bank April-Oci Jan-July ACauca June-Dec Valley 7s 1948 Danish Cons Municipal Loan— 5%s AExternal 5s Bonds Range Slnee Sold WO. 1955 $93% — __ Low AExternal Maranhao Interest AMedellin 6%s (Peru) stamped reduced 7s stamped 1952 6%s stamped 1958 92 stamped 2%s 1951 2008—. 22,000 32,000 30,000 92,000 $146,000 $141,000 ' ilXH 93 93 93 $69 68 J.,514,010 Total— 69 j$S ■ Week Ended Nov. 6 1953 100 100 100 99% 101% Stocks—No, of shares..-. 99% 88 99% $15% 16 12 17% Domestic $48% 50 43 49 Foreign government Foreign corporate 99% $83,000 - 1952 {*»• * . $370,000 1953 Nov- \ 1952 1.514.100 1,532,925 86,316,709 89,517.515 $146,000 141,000 $134,000 139,000 99,000 SfO'^OOO $10,069,000 83,000 $370,000 $372,000 $28,754,000 Bonds Jan-July Mar-Sept > (Plan A)— to Bon $81,000 ™,a<r High Danzig Port it Waterways—r ALima City $44,000 Foreign Government ' May-Wop Feb-Aug ' 1953 $93% , Totas Bonds $21,000 Bonds 372,990 Mon. Nov. 2 Jan. 1 (Col)— A 20-year 7s April 1946 A 20-year 7s Jan 1947 Bogota (See Mortgage Bank of)— External High Foreign Corporate Domestic of Shares) Week Ended Nov. 6,1953 Week's Fridky Bonds $!6,000 (Number Foreign Governments and Municipalities May-Woe June-Dec $69 41 $40 __ 69 4,548,000 8,222.000 5,295,000 43% 63% ^-^.OOO Total - $23,586,000 37 The Commercial and Financial Chronicle (1802) 38 ... Monday, November 9, 1953 OUT-OF-TOWN MARKETS RANGE WEEK FOR NOVEMBER ENDED G Friday Boston Stock Week's Range of Prices Shares last STOCKS Sale Price 100 American Tel & Tel Rights & Boston Edison 25 — (when iesued)_100 Boston & Maine new 5% preferred (when issued) Personal Prop Trust 100 • Boston Calumet Hecla & Service Cities Copper Common __________—10 X152 43,125 Jun 161% 2i7e Oct 48% 16 % 312 13% Sep 26% Jan 33% 200 29% Sep 45% Feb 66 988 120 Sep 129% May 53% Feb 48% 49% 8% — 8% 5 7% Oct 50 33% Sep 43% 23 Sep 30 40% 40% 26 26 30 8 66 7% July 1st 6% Woolworth 79 90 71 20% 87 19% Sep __ 9% 9% 837 9% Oct 13% preferred series Kennecott Lone * * • 1 new 1 _— • Cement Corp RR 10 100 common preferred Mathieson 28% .—100 Chemical 28 '/a 20 24% Sep 28% Nov 38 82 33% Sep 44% Jan 48% 25 40 Sep 49% Mar 44% 44% 90 43% Oct 48% Feb Cinn May 62% Jan 58 1998 4%s Trans 58% Oct 95% $2,562.50 Jan York Stock Exchange New 41 __ 42 45 ,18 — 18 203 34% Mar 45 Jun 21 American Stock Exchange Stock Exchange Detroit May Midwest Stock Exchange Jan xl8 Corp 274 48% 50 73% 71% 74% __ 43% __ 1,470 41% Apr 50% Apr 84 % Nov __ 44% 350 9% 9"% 370 9% Oct 12 68% 295 58% Sep x81 27% 28%' 150 20% 305 118% 119 __ 5 WOodward 2-5525 Feb 19% __ __ Telephone: Feb 66% — DETROIT Oct 66 155 39% 120 18"% 39 14 32% Jan 27 Sep 17% Sep 104 Sep 17% Sep 44% Oct 34 Apr 33% Feb 132 Detroit Stock Exchange Jan 39% Week's Friday Nov STOCKS Mfg Corp 1 Narragansett Racing Association 1 Nash-Kelvinator 5 National New Service England New Cos____ Electric 1 System 20 England Tel & Tel Norbute 100 Corporation Northern RR : 2.50 (N H) 100 Pennsylvania RR Rexall Drug Shawmut Stone Webster • Torrington Co Union Twist United Drill Fruit United Shoe Waldorf * 13% System Inc * Westinghouse Electric Corp 10c 2,300 13% 13% 92c __ 120 95c 2,100 101% 101% 18% 19% 18% 6 1,450 25 17% Sep 11 Jan 16% Sep 13% May 25% Feb Sep 19c 7c Feb Jun 14% Feb Sep 12% 110 115% Feb Jan 66c 98% July 627 18% Sep 40 6 26% Mar 5% Jan 1.00 May 104 Apr 23% Mar 6% May 19 458 18 Oct 21% Jan 22% 438 20% Sep 28 % Jan 26% 26% 19% 21 __ 26% 600 26% Nov 37% Jan 14% Apr 58% Jan Sales 13 220 11% 48% 46 48% 2,895 44% 37 37 37% 550 35% 41 Jan 12% 30 12 % Sep 14 May 48% 929 39% Sep 49% Mar 12% __ 48% 12.50 x47 Oct Sep Jun Allen Electric Altes American Products- Metal Baldwin Big _ _ Manufacturing Brown-McLaren Burroughs Mfg Sale Price _ Par American Laundry 20 Balcrank 1 -7-7T, Gas & Elec. Cin. com Milling Telephone Mach Dow Yard 17% 154 16% Sep 19% May 316 17% Jun 20% 96% 20 91 % July 50 51 85 35% Jan 51 77% 365 73% Jan 77% Jun 5% Gamble Print 6% 20% 229 9^ Sep 35 Mar 39% July 125 48 May 54 26 Jun 30% Mar 36"% Jan 44% 100 84 100 1 — Nov is% 18% 74 16% Jun 21 % Jan 66% 449 59 % Jun 68% Jan 20% 20"% 130 13 13 200 12 Jan 13% Mar 60 60 16 60 Nov 63 Mar 26% 26% 64 23 27 Aug 48 48 48 13 47% 49 Feb 37% 47% __ 154% Chesapeake 100 & Ohio 25 Corp 25 Cities Service City Products Columbia 10 * Gas Ohio • Electric— 5 Dayton Power & Light Co 7 Du 5 Pont Auto-Lite Dept. 5 Stores 373/3 47% 153"% 155 Jan' 18 Mar Sep 22 July 67 20 147 35% Sep 43% July 39% May 54% Jan 152% Jun 1,261 2% Nov 71% 72 100 69% Jun Howell . _ - _ Kaiser King-Seeley Kinsel Lansing — _ Masco Mt * 6% Packard 1 Pronhet Rickel _ _ __ _ _ Welding 34% 34% 34% 246 30% Sep 43 12% 12% 12% 90 11 % Sep 5% 5% 312 5% Sep 8% 21% 80 20% Sep 25 % B) . - 36 35"% 36 70 32% Sep 41% 67% 68 125 64% Oct 95% __ ' 753/4 763/4 37 71 Oct 95 H 29 29% 172 29 Nov 33% Mar 133/3 131/4 13a/8 133 12% Jun 15 25"% 25"% 37% 36% 25"% 37% _ 14% 303 14% 8'/a 1,600 7% Sep 10 12% 660 9% Sep 16% 1 Jan 16 % Sep * 41% __ __ 14% __ 10% —11% 361 23% July 41% 2 July 2% Jan 3 3 308 2% Feb 3% May 6 6 185 6 Nov 6 3% 4 786 3% Nov 3% 3% 166 3% July 3% Jun 4 4 Oct 6% 33 % Jun Jun 106 Nov 56 Jan American American Potash _______1 Mar Jan Mar , 44% Mar ; j 4 200 3% Aug 30% Jun 3% 3% 800 3 Sep 4 Feb 6% 6% 352 5% Jan 7 Mar 1 1% 425 Sep 1% __ 1f 1 8% 8% 625 8% 2% 600 2% Jan 13% 15% 250 13% Jun 15% 200 13% Sep 100 11% Sep 9% May Feb 2% — Apr 4 May |i: ) 14% ■ 15% 1 "• ■ 12 ■12 1% - 1% 1% July 100 15% Mar , 1 17% Mar 14 % Mar ! - 1% May Angeles Stock Exchange 14% 10 (Un) (Un) class Rights & | Smelting & Refining Tel Tel & 10% Oct 13 Oct 22% 19% Oct 25% July 4 55% Sep 83% Jan 50% Sep 573/4 Aug Armour Ashland ' 59 • 59 53% 53% Viscose American American. Woolen & Co * 8% 8% 9% Sep 11% Feb 18% 18% 19% 92 18% Sep 23% Jan 13% 13% 13% 50 10% Jan 153/s May Atlantic Refining 453/4 56 23% 47% Oil „ * __ __ * * __ __ 26% 69 % __ — 25 Co (Un) Oil & Ref (Un) _'. Sep 62% Jan Avco 23% 500 21% Sep 29 % Jan 47% 20 21 % 21% 90 56% 20 343/8 343/3 40 14% 14% 13 26% 26"% 105 Sep 50% Aug Baldwin 28% Jan Baltimore & 6O3/4 Feb Bandini Petroleum Co 30% Sep 13% Jun 43% Mar Bankline 16% Barker 55% 25% Sep Sep Feb 29% Mar Basin Securities Oil Bros Oil Ohio (Un) RR (Un) Co Co 69% 2 66% Oct 80 % Jan Bendix Aviation 73% 67 66% Sep 78% Jan Benguet Cons Mining (Un)___ Bethlehem Steel Corp (Un) 33% 33% 45 31% Sep 38% Jan " f- (Un) Jan 14% 230 Sep 15% Mar 48% 453 44% Sep 49 160 30 Jun 267 12% Oct 15% v;;'. 20 25% Sep 43% 1,261 153% Sep 160% Jan i 11,398 2h Oct 2j'jj Oct * 72 283 65% Jan 77 % Aug 36 Oct 4478 40 14 % Sep 25% Mar 33% 640 29% Sep 44% a43% a43% 50 36 __ L_ __ . " a8%' 865 39 % a8% 20 12 295 a91% a91% 21 a29% a29% 90 12 48 8% July Sep Jan 55 Apr 11% Apr 11% Sep 16% Sep 96% May 26% Oct 33% Jan 8% Feb * 5% 5% 5% 370 5% Sep 8% 8% 8% 710 8% Sep Apr 11% Mar 100 3% Sep 3% May 21 21 250 20% Sep 29% Mar 3 % 3 3% 2,850 2.55 Oct 10% 10% 10% 730 8% Feb 15 Mar 12% 12% 725 12% Oct 17 Mar 7% 350 5% Jun a61% a61% 10 lc __ 100" __ 1 -• 10 *■ 33V3c • Aug 88 3 __50c Jan al5% al5% __ „ 7% __ ' ■ __ __ j Feb 2% 32% 'V « 72 * ^ Aug 2& __ /a8% 13 13 ; '1 34% Mar 153% 154% ['6 ?;;39 % 20c 69% 72% 15% a29% a29% __ 1 common Sep ■ Manufacturing Corp «(Un) Apr 20% 11 % 14% __ 2 1 Baldwin-Lima-Hamilton 41 <• 10 43% Jan 666 n3/4 al3% al3% _50 (Un) (Un) 25 Jan 58 al3% __5 (Un) Atchison Topeka & S F 32% Oct 48% __ 10 (Un) Oct 41% a31% a34% !_ „ 50 • 23 421 11% 100 (Un) High 174 '334% •' 56% __ (Un)_*- Low High % • (Un) Corp (111) 1 • (Un) (Un) 50 8% Co Anaconda Copper Mining ___33%c 75 Range Since Jan. 1 Shares 23 23 {•- 25 Anderson-Prichard 15 59 SS Tobacco 17 * for Week a42% a45% __ __ __lo B (when issued) 50 Jan Sales Range of Prices Low . 1 Radiator 127 July Week's Friday Par .\ . Chem & 375 10 1,026 1,821 / • Last Sale Price American Cyanamid Co Sep 18% 25 300 4% 4 t Jan 33% __ 38% Mar 91% 39% H3/8 25 3% 4% Nov 5% Mar 3% 31% jr. , Oct 4% _____• 5 20% 5 Sep 1% May 33% . Amer Broadcasting-Paramount Theatres Common 1 ig% • 5% Mar 27 % Mar 1% Jan July 3 22% 100 3% ! American Airlines Inc 20 % 1.40 159 4 26% Mar ♦ _» 200 1% Jan 3% May 4% 1.1k (Un) » 100 3 25 May 100 __ t; / Central ! 5% Jan 17% Mar 3% 1 . Distillers 47. 4% Mar Sep 200 _ f 1 Allis-Chalmers American page Sep Oct 13% 2% Jan see 3% 180 3% I -5 : _____— 240 103% 106 __ 100 Jan 19% (Ohio) 3% 275 200 3 i- %■ 2 Corp Sep Oil 3% 4 13% 3% ?, 10 , Admiral 14% For footnotes Jan 2% Mar " % Mar American Standard Feb 8% Sep 2% 2% /. American (Ind) 69% Sep 1% • t Jan 3% f ■t,. Jan Jan (N J) Sep 7% 200 1% 1 Co Paper Jan __ Feb Oil 53% 275 1% 3 - _1 STOCKS Nov Standard Oil 2,249 7% 25 — {' 1 -- Los 69% Standard 60% 14% 1 _ Co & July 33 % 1 8 150 Jan 83% Southern Company Standard Brands 7% Mar Sep 4% Oct Apr Industries Sep 3% 12% 5— - Jan 2 IB Sep Sears, Roebuck Sinclair f Mar 33c 3% 8 % • Feb 21% __ 161 % Sep Schenley Nov j Apr Jan 855 4 ! 14% • 18% Mar 5% 2% 25% __ 12c 1,500 Jan 3% 3% Apr Sep 1% 1 — - Manufacturing ' 53% Corp 12c 46% 4% 3% 1 Udylite Corporation Wayne Screw Products 75 Radio 2% 16% Mar Oct Sep &. 215 Republic Steel 3 100 13% 1 _ Car— Raisin 27% Oil 205 38 59% %- 4 Manufacturing 60% Pure Nov 7% 1 Rudy 27% Airway 3% 3 4% 59% _2 common. River 59% Pepsi-Cola 200 100 4 (- 1 _ __ Products, Metal (Fred "59% ♦ Penn RR 11% 12% 40% 12c 4% : 1 _ (HW) 5 ; | Mar 6% Mar Oct 3 ' Peninsular Metal Products General Amer 225 3 3% l- -12% - _ Parke Davis Jan Ohio Oil 40 5a 11% — 1 Motor 47% Pan 27 Apr 40% — 2 1 _ Chemical Sep Pacific Sep 35% Feb 2% Motors Electric National Park 36% 66% York Sep 23% Nov 2 preferred 45 Northern 64 % 250 1,839 68% 1, * Feb 94 % 522 24% 40% '■ Jan 17% Sep . Feb 6% _.io Bumper 103 New 13% Mar 2% 29% 4 — Clemens 83% National 385 Oct 7% 42 Apr Jan ___ _ — Screw Michigan 37% ___ 15'/a ) Sep Jan 5 _ Stamping 81% Inc 2 % 5% 1 Wines 37% Loew's 6% Mar 28% 100 24% 1 Drug 83% , 155 1,035 2% 347 5.- Motors 37% Harvester 7% 37 7,333 1 _ - Co common Electric • Motors 7% 6% _ Manufacturing & Bearing Manufacturing 5 International Jan 29 % . _ Ball General Electric International Tel & Tel 13% 76% Aug 2% , _3 B & O RR Co Aug 3 Brewing Hudson Motor Car_ July 65% __ 10 Federal Apr 200 27% 2 & Oil 11% 3 _ . Lamp Sheller * 10 Avco 135 ; " Scotten-Dillon Armco Steel Electric 95 52 44% 25 S 233/4 Mar Nov 26% Rights & Sep 91 __ » Telephone & Telegraph 11% 6 % Motors LaSalle 10% __ American Tobacco Co Chrysler 15% Aug Feb 39% 43% __ 50 Cyanamid Ashland Oct 17% 25 27% 66% 10 Stores American Col 17 5% Stocks- American ' Jan Nov Jan 51 % __ 5 common 3% 13 71/4 27% * "B" Unlisted , 38 102 % Nov 38% __ 1 Preference r 924 91 I_ 10 Playing Card Allied 5% 13 19% 20 * S. 13 714 * Rapid U. 51/4 13 » Magnavox > 28% 1 Hoskins Feb 3 5 Hastings 18% 6% Industries Hall Sep 29% Manufacturing Hoover 14 % Nov 76% 77% 43% Randall ^Jan 11% Mar 20% * & High 25 17% 10 ___ Daniel Ins Mfg Procter Nov May 94% Kroger U S 9 20% 19% " Gibson Art Hobart 100 I7% * Picher Early & Formica 166 gVa __ • common Eagle Low 20% 100 1 _ 1 . l' Chemical 15% 24% 40% Jan. 1 20% • Stock u High 9Va 10 Cincinnati Transit Cincinnati Range Since 10 100 Cincinnati Shares 20% gVa _ - _ Manufacturing Wood , Jan _20 . — _ Apr 3% , 40% ■ • Bros Edison 3% 67% .10 . Jan 15 25 . Aug 2% 35% — — ; 4% 215 2% _ Paper Graham-Paige 8.50 new Preferred Cincinnati Low _ __ _ Goebel Brewing for Week of Prices 37 1 Detroit-Michigan Stove Detroit Steel Corp__ Eaton , <s _ High 200 2% 15% . 1 - Low 3% 2% 11% 2 General Sales Range — Range Since Jan. 1 High .3% 2% 1 Gemmer Exchange Week's - common Consumers Power common Friars Last _ . Chrysler Corp Detroit Low * Corp Consolidated Gar Friday Shares -1 Markets Bear Briggs _ Rubber Economy Baler STOCKS for Week 1 Brewing Frarikenmuth Cincinnati Stock Range of Prices Par Davidson 12% • 29 common 90 113% 115 __ __5 Co Machinery 210 18% 9c __ * Inc 11% 17% __ 2.50 Association & 11 __ __ 50 Inc 18% __ Last Sale Price Mullins 55 WATLING, lERCHEN tk CO. Jan Ford Building Stores—A. Central 5% 100 Copper Star Maine A common Gillette Safety Razor Co Feb Members Electric Hathaway Bakeries 72% BONDS— 24% Mar —______Li_,—__10 (new) Jun 48% 10 — Feb 13 % Mar 62% , 46% Jun 37 48% Fuel Associates— & National General 25 Sep 11% 9% Mar Sep 76% Eastern SS Lines Inc First 70% * Eastern Massachusetts Street Ry— 6% 70% High 36 13% Mar 20% __ 5 Jan — 46 __ Co 20 11% Feb __ — Low 37% 12-50 Westinghouse Range Since Jan. 1 High 11% 5 ' Steel S U Low 37% — U S Rubber Co Jan Nov 2% * —— Range Eastern Gas —5 — 3,032 Shares * • Union Carbide High 123 % 123% — • Low 15% __ 100 Albany RR 2% for Week 4 8 Bearing Roller Toledo Edison 32% 15% * 50 ' Anaconda Copper Boston 2% ' Woolen American 153% 155% 154 % issued-- when Timken Range Since Jan. 1 High Low Pur Sales Range of Prices Par Sales for Week Friday Week's Last Sale Price STOCKS Exchange 3% 7% 3% 1 1% 1,530 50% 50% 217 55% Aug 1 Sep 44% Sep 4.50 8% Apr Sep . t Number 5271.. .The Commercial and Financial Chronicle Volume 178 (1803) 39 OUT-OF-TOWN MARKETS RANGE Friday STOCKS Week's Last Bishop Oil Co Airplane Chica Bolsa (Un) Oil Borg-Warnpr Broadway-Hale Stores Brock & Co :___ _____ 10% 8% 767 7% a47% a48% 228 3% 10 Low 4 1,495 3Va 100 12% 50 66 y2 a72 a72 10% 1014 48% 10 % 1,195 Jun Pacific Clay Products Pacific Finance Apr Pacific 10 V2 Apr 5% 40 Nov 40 8% 100 8ye Aug 10% Feb 11 350 10% Oct 16% Jan Nov Gas Southern Canadian Atlantic Canadian Carrier Case Caterpillar Celanese (Un)_ ; Products 200 Vz 23% 23% a4l% a4l%- 15% .15 15% (Unl 4.80% New 34 46 445 20 3 al2% 10. 12% Colorado Fuel Columbia & Gas • Sep 19 Oct 19% Sep Phelps 15 42% Apr 44% Aug Philco 64 y2 Oct 93% Feb 75 Sep 94 V4 Mar 766 58 614 Commonwealth Consol Consolidated ;• 6% Edison & of Y Consolidated Vullee Consumers Power Continental Continental f Can Motors Crown Deere & Co 20 (Un) a57V2 __1 5 (Un) 41 18 875 50 a57% a57% 8% (Un) 8% a31% a317/8 324 144 Pictures RKO Jan Apr 37 Oct 33% Oct 91/4 gy4 91/4 310 a32 a32a32V4 110 23 4'/8 4 4'/8 430 4 Oct 6% Jan 8% 8% 8% 669 8% Sep 11% Mar a26% a26% 50 24% Sep 30% Mar « a77 15c (Un) Co Theatres » 1 40% Oct 15 y4 14% Aug 15% Sep 22% Feb Rexall Drugs Inc 38% Oct Rheem 16 Feb Mar Reserve Oil & Gas 1 Richfield 30% Rockwell Spring 27% Jun 5% Sep 26% 26% 285 12 25% Rice Oct 8 % Mar Oct 63 Oct Jan 27 Co (Un) 5 Stores San Francisco Louis Incorporated Ry Seaboard 19% 19% 180 19 % July 9% 93/4 200 Sears Roebuck & Company Servel 5 Eastman Kodak Co El Paso Natural Radio Emerson Ralroad Erie Exeter Oil Phono (Un) 1 Bank Line (Robert) Garrett Co General Foods General Corp Motors 50 2,000 123/4 General Telephone Glidden Co a83V8 Goodyear Tire Great Oil Oil . & 531 9% 500 a27 % a27% 115 a 35 Jan 17 Jan 1,100 a 70% 14 (Un) Lorillard Los a22% " Mascot ■1 " McKesson & Merck & Co Inc Mfg Mission » '• (Un) Tidewater 1.20 1.30 all% al2V2 14% 14% Jan 27% 413 25% Sep 33 Jan Union 39% 285 39 Va Oct 40 Jun United a56% a56 V2 100 49 Jun 1.30 900 14% 14y2 668 8 8% 1,160 1.00 Sep 1.45 55 Oct Jan United 264 19% Sep 24 May 66 22% Oct 29 Jan 42% 2% 19 223 19 67 67 382 80% 40% 307 59% Jan Van 23 Jan Washington Feb West Nov 48% 2% July Feb 5% Mar Nov 19 % Jan Northrop Aircraft For footnotes 116 18% Sep 80c 82y2c 900 75c Jun 25% 10% Oct a2714 a27% 100 a419%a419y2 1 25 V4 420 18% al8% Jan Jan 50 16% Jun 15 15 200 1.25 1.25 100 1.20 Oct 12% July 1.00 , 38 27% (Un) common 25 Mar Sep 60% 7 Oct 14V4 Mar 100 5V8 Sep 7% Mar 63% 5V2 Feb 100 16 V* Nov 20 V2 Mar 37 2,717 33 >A Jun 39 Va Mar 24% 220 22 V2 Jun 26% Feb 31%* 3iy2 215 28 y2 Jun 33 26% July 28 Jan Jun 33 Mar 7y4 Oct 13 Va __ 25 a27% 32 V2 32Va 32V2 200 9'A 8% 9V2 2,235 39% 38% 1 • 1 7.50 a27% a27% 50 30 Aug Nov Mar Mar Jan 39% 808 37% Sep 49% Mar a44% a44% 20 36% Sep 44% a27!/8 a27ya __ a27Vs 60 26% Sep 29% Mar Oct 51 51'A 1,051 49% Sep 59'A Jan 69% 69% 289 69% Nov 72'A Jun 72 72 470 68 ' Sep 75% Jan 33% 33% 704 31 Sep 38 Feb al0% al0% 100 10 Va Jun 11% July __ ' __ __ al0% 21 369 21 Nov 27'A Jan a24% a24V2 20 21% Oct 43 Feb 16 % 1,104 15 >A Sep 21% Mar a38% a39% 75 35 »A Jan 38 % Mar < 16'A 16 __ 21 35% 36 414 29% Sep 37 JA 55'A 55'A 210 50 Va Sep 57 a87 a89% — 55'A a89% 213 85 Oct 102, Jan V* Aug Feb a7'A 60 9% Jun 12 Mar al4V4 al4"A 50 9% Jun 12 Mar 27 Mar a7'A — — 323 20 14 14 100 13% 26% 877 23 y2 Sep Sep Sep 19% Mar 26Va al5% al5% 21'A __ — 26 Va 21% 29% Mar • 25 5 10 (Un) Sep 17% 925 13% Jan 19% Mar 70% 70% 43'A 445 63 July 72 5,449 al05V4al06y4 148 106 V* Jun a23% a23% 40 22 y2 Oct 31 y2 Mar 42% 42JA 372 35% Apr 42 Va a4% a4% 10 — } —1 43'A — 43 __ — — 44 y4 Jun 113 Aug Mar Nov 5% Mar 4% July 29% Mar ■: 7V4 Aug 23 Va July 6Va Sep j a6y8 338 28% 755 24 Va Sep 31 Mar 37 37% 1,054 33% Sep 44 Jan 56 37% 98 a6 — Steel Pictures Bros Water Kentucky Air 5 (Uni (Un) Co Lines Union Overland 10 1,311 41 Jan 57% 20 14% Feb 17 12% 100 10% Jan 13 JA July 12% — allVs — __ all'/sall'/a 110 15% Jun 29% Mar Sep 20 11% 50 Sep % Mar 9 130 8% Sep 12 38 41 y4 Jan 46% Aug 9 49% Mar — 47% 40% — 16Va 47% 16'A 490 1 1,026 12V4 Feb 16% • (Un) (Un) Apr a42'A a42% 9 a42'A Oct 24% 20 50 26V2 26JA al7V8 al7y8 Oct July 12% (Un) Motors Co Inc * __4 57 al5% al5% 56 — 1 (Un) Tel Westinghou.se Elec & (Un) Power Coal Willys Wilson 10 * 14% Mar Aug Oil— 1 28 % July 425 Corp 9 9 200 7% Sep 10 — a43% a44>A 100 43% Jun (F W) (Un) —10 Corporation (Un) 1 __ Sep ' Oct July 46% Mar 21% Mar 18 1.70 Feb York Feb Youngstown Oct 39 a36 a36 y4 75 34% Apr 34% Apr 2y2 Sep & Tube (Un) • 25 20% July 20% July 65 al9% al9% a38V2 a38% 35 44 y4 Feb 6c Aug 13c Jan 69 V2 Jun 72 Oct Sep Aug a36V4 Sheet al9%> a38% 3 35 3 20% al7% _i—5 4 4 a 4 500 70c Feb 18 Sep 20% 3 Va Nov (Un) 4 Va Mar 1.75 Zenda Gold Zenith Mining Radio Corp 10c * Co (Un) — — 10c &71 10c a72 2,300 - 77 - July 22% Mar 20 V4 Nov a__ Jun Aug 19% 19% 20 400 18 • 56% 56% 56% 313 54% Sep Sep a33'/4 a33% a33% 19 34 y4 July Midwest Stock Exchange 40% Mar 4V4 Aug 28% Mar 65 42% A compilation of the round-lot transactions Mar Week's Sales Last STOCKS Range for Week of Prices Shares Sale Price 5 17% 17% 17% 590 17 Sep 18% 18% 18% 450 17 Sep 22% Jan a20 a20% 46 19% Oct 22% Jan Range Since Jan. 1 24% Mar 5 only Friday Jan 1 25 y4 25% 295 5% 5% 360 22% Sep 4 Va Jan 30 % Mar 1 126 19% Oct 10c Jun • 1 20 17c 5% 20 17c 18c 15,500 5% 6 20,105 1.90 Sep 7V4 Abbott Acme Laboratories Steel Apr Adams 25 % Jan Admiral 20c Mar 6% Oct Aetna 19% 1834 19% 1,035 15 V2 Spe 20% Mar Affiliated 21 % 21% 21% 200 20 Va Jun 22% Mar Akron 100 59 59 59 215 54 83 Va Alleghany 16 16% 520 13 1 18 V4 Mar Allied & Castings Roller Bearing Equipment Mfg Corp (Un) Laboratories — 5 5 40% Low High 41 V\ 300 39% High Sep 47% Jan 26 V2 Jan 17 8'A 21% 22% 500 20% Sep 17 17 200 16% Apr 18% Aug 22% x22% 1 r Gas Brass * Mfg Co Aluminum Ball 1 Jan 10 Corp Advanced 8 Co (J D) 10 Sep July Low Par 22% 200 22% Oct 32% 8% 8% 100 6% Feb 10% July 6% Sep 8% July Sep 10% Mar 8% 1.250 1 8% 8% 600 50c 1 4% 4% 200 4 July 3% 3% 600 3 Sep * 25 y2 8 - Jan a27 a27% a6Va • 37 Va Jan 28% a27% 5 (Un) 13% 17 Va — 10 Radiator 147 16% al5% 1 __50 (Un) Pictures Western 38% a__ Jun 57% 16V4 (Un) Western 159 70 47. 22 50 24% Kamp's Bakers de Nov a38% a397/8 58 page 276 16 V\ —1 Film Consolidated Universal Universal Mar a39% 192 (Un)_ (Unl (Un) Co States Woolworth 17% , see United Warner a20 % a20% 20 % (Un)__ 1,386 a7% Feb 40% 60% Aug 37% Sep a36% a36% (Un) RR States 19 42 y4 3 Aviation Inc 23% 23 V\ a.7% 36% 2 (Un) (Del) Rubber S 155 5 (Un) U 100 31 -1 RR United 2% (wi)_* (Un) Aircraft Corp 42 >/4 150 (Un) Jan 27% Jan __ 5 Calif United Gas Corp a21% a21% 300 (Un) 33% 37 1 10 (Un) RR Lines Air United Jan a22% a22% 1,900 Inc (Un) Jan a21V4 10 Co Sep 20% Sep 36% Mar ♦ — Corp of Co Pacific 19% a22% 1 Pacific Oil Coro Century-Fox Oil Union 12% 13% Sep 7% Sep 1 ; Northern Twentieth 1.25 1.25 Co North American Co Assoc Tri-Continental 1 39% Sep (Un) & 24% 400 Sep —81 Union Carbide & Carbon 20% (Uni com 205 21% Jan 1.75 10 Central North Amer Feb 19% 1.10 Nordon Corp Oil 15 Va Jun 20% Gypsum (Un) York Sep 1.20 (Un) National Theatres New Sep 9% 20% National Supply Norris 1.00 14 -_-l8 (Un) National 18 1 Utilities Nash-Kelvinator 1,900 1,100 Apr 27% a 26% 21V4 31 50c common Transamerica 15 Oct 26% 386 25 Trans World Airlines —100 — (Un)— __. 18% Apr Pictures National Distillers Inc Preferred 28% Mar „____16%c new Motorola Inc Textron 29% River Fuel Ward Texas Feb Aug Jan 1 Montgomery 13% Aug 26% 48 Oct 1 38% 34% common Company (Un) Gulf Sulphur (Un) Sep -10 (Un) Montana-Dakota Jan Texas 15% 1 16% Mar Jan __ 25 19% 1 Jan 32% 34V4 15 • (Un) Sylvania Electric Prod Feb 5 Development Monogram Co 500 * ; 12% 19% (Un) 12 425 2% Mar 58 19% July 240 Co P & L Minnesota ( '"■Mississippi 2% Mar & 43% 2,565 Petroleum Merchants 20 11 — L) Robbins Menasco 140 31 —.— * 1 Swift 27% Chemical 'Mathieson Mar 3,411 • Co 600 37% 1 Inc 17% 1 (Uni___ a— 15 'A 2 ' Corporation 21% __ a__ 15 • 58 Webster Oil Jan 63% Jan 42 (Un) Sep & Jan 1.50 Oct 44% Sep 76 y4 (Un)__ Stone 20 80c 80 28 Va 22 Va 5 Sunray 150 Corp (Un) (Glenn Oil + - a21a2iy4 72 %c 301 6% Apr Feb Sep Sep 10 Studebaker Corporation 17% ' 700 52 Va Sep 5% Oct (Un) Jun 21 __10o Co Investment Co Magna vox Co "'Martin 1 80c 82V2c 16% 23 Apr (Un) Corn 17% —1 Co 30 23% a45 a a45 (Ohio) Nov Sep 2.50 Co Mar 75 30% Oil Warner 35% Mar 1% 67 27 231 20 Standard 65 1% • 6,915 6V4 75 15 22% 44% ___83/4 (Un) 26Vi 6V4 525 25 J) Oct 100 8% V4 Mar 2,326 Calif of (N Oct 231 _—_—1 —, (Un) P) < Co Co Jun 1% __ 52 34 (Un) 17% 10 Co Angeles 28% —1 common Light (Un). Aircralt Lockheed Inc 65 53% 7% (Un)—• 25% Mar Sep a73 (Un) • . Sep 41% 22Va (Un) * Corp Land Co 132 22% 70% 1% -- 20 y2 34 Oil Stanley Jan 40 21% Mar 11 Oil Oil Jan 21 Va Standard Apr 41% Nov 50 53 % 1.20 19% a72% Standard Oil (Indiana) 27% 1,164 114 14% Sep 245 25 class A Petroleum Brands Standard Feb .Jan al8 53 V4 1 lS'/a 14 48 * 6% 1 Steel Petroleum Lincoln Lion July 69% 417/8 99 __ 50 Lane-Wells 12 - Standard 10c & Chem County 55 54 .... 41 a27% a29% . 6% Copper Feb Sep 9% Sep 24% Sep 52% 14 V2 Mar 34 com__25 ^ Gas Sperry Corporation (Un) Oct al8 33%c Kansas Power & Kern 41% Mar Apr Sep 8% 32% Feb 80'/4 al3% al3% — Laughlin Kennecott a27V2 20 , Sep a45 Co Motors 95 61% 68% al3% a23J/2 Preferred Kaiser 267 25 —.*___ Ltd Co Pacific 18% May 23% Sep Sep Paper Co (Un) International Tel & Tel Corp Jones Calif Aug Nickel Kaiser Alum Southern 4% 29 a26% a26% __ 25 Calif 4% Jan Sep 21% preferred preferred 4.88% Nov 48 5V2 4.48% May Feb 1 % Harvester Oil 355 39% 48 y4 International - a25y2 a25 Vi 25 Oct 100 Inc (Un) .__ Edison 34% 55 30 Oct 3% 5 A Co Calif Southern 3 International ; al4% al4y2 __ preferred Jan 2,000 A Aircraft 12% Aug 1% ._. International Intex Sep a49 a51% Petroleum Intercoast Southern 1.70 5 Holly Development Foods Solar Apr 330 l3/4 Corp Hudson Motor Car Hunt Jan class new Corp 10% 185 470 Jan 22% _____—____1 (Un) class Co 13V4 Oct a51'/4 (Un) Hotels Sep * (Un) Socony-Vacuuni Oil Co Inc 17% —1 pfd (Un ) Corp Corp Hancock Hilton RR Aircraft Grumman Gulf Chemical— & Northern Greyhound • Oil Lakes Great Jan Oil 11 —• ___ ll'A 62y2c Jan —* com (Un) Sinclair Jan 27 10 2% 22 * Signal Oil & Gas Jan Oct 118 441 23% 15 Oct 36% 9% 37 % 130 500 20c ii 47% Oct 5% 60% 10 Rubber & Graham-Paige Corp 9% 137 a81% a83% —" (Un) 42% July 31% Sep 1,822 a57 % a57% s , ;— Co 62 3ya 31/2 23V2 — 1 Inc 6% 18% al8% a 10 (Un) (B F) Co Servomechanisms 12% 27 20 (Un)— Nov Southern al8% 5 (Un) Golden State Co Goodrich 345 9% Utilities Public a 37% 5 Gladidng McBean •*' 3ya a56% a56% 1.40 (Un) 11% General Paint common General 105% Finance Inc 6% _—_* common Apr Jan (Un) 4.32% * (Un) Corp 125 18% 2 (Un) Co 11% 77%c 8214c 345 1 —_—-— Electric 18% a (Un)—10 (Un) Nov 91% 784 1 Corp General 77'/2c 1 — Machinery & Chemical Gair 380 10 100 Stores Tiger 642 35"% 9% 11% al8% » Merchants 47% 35% 10 5 (Un) Fitzsiinnions Food & 46% 3 4 Co & Farmers Flying (Un) 771 9% Schenley Industries Shell Oil Co 10 Gas Products Electrical 103 105 % Mar 26 Va 1 19 V2 10c 60 31% • 16% 50c A Sep 37% • 7% July 36% Aug 24% Jan (Un) 44 15 Sep class 145 5 St Oct 1 Safeway Mar Labs 47'% __ 4 B) Mar 52 Va 35 de Nemours 69 Va Mar 43 80c 925 I) Sgp Oct 23ya • Axle Jan 49 24 ___1 & 36 35% 47% __ Ryan Aeronautical Oct 75% Oil Ranch 34% Oct 42% Feb Sep 28% July 37% — 1 Oil Corp 57% 30 % Jan 150 1 Co 28% July July 38% 48 2.50 11% Mar 66 71 38% __ • 324 'Allen 45 a53% a53% __ 6% (E 328 a30 9% 60c Co Manufacturing Sep Sep 50 67% Mar 140 34% Jan 36% a34 34 a29% 5 36% Industries 15% Apr __ 6 duPont 23 V2 Jan __ • 36% Dresser Sep 11 __ 5 DuMont 18 175 47Va l 1 — 105 887 __ Douglas Oil Co of Calif Chemical all 13V2 a33% a53% ♦ (Un) Oct • 47% Mar 19% __ __ • (Un) (Un), 11 8 Feb 13% __ 3 (Un) 35% Jun 52% 13% Mar 18'% __ 12.50 Corp ol America (Un) Raytheon Manufacturing Co (Un) Remington Rami Inc. <Un) Republic Aviation (Un) Republic Steel (Un) Jan 220 7% Sep a72»/4 __ Dow T a65'/4 a65% __ 50 Radio Nov Nov a7l% a71 % • 15 11c a7% 10 Jan 67 Nov ' 1 (Un) Corp Incorporated Oil 34 a714 1 Aircraft Douglas al3 17% a40 % a 40% 8V2 ^ 67 11 % al3 a40% (Un)—-—; Curtis Publisihng Co a41 a41% 17% __+* ; 1,500 11 .——1 .'a, _ Zelleibach a41 11c 11c _____iy3 (Un) ; * Pullman 20 V4 Mar lie 27 Jun 33 • (U11) Phillips Petroleum 2lVi May 130 Jun 56 1 (Un) (Un) Co Dodge RKO 16% Sep 37 24 V2 89 180 (Un) Corp Pure >12% July 16% Sep - Car World (Chas) Apr 7% 50 37 100 33 4 common Pictures 25% Mar Jan Apr 159 50c (Un) Feb 275 r 1 (Un) Consolidated Engineering Consolidated Grocers 5 40% 13% 13% 25 Savage_; N al7% al7% * _ (Un) Gould al7% 60 23% 1,260 a28 a28 26 V2 Feb Jun 25% 39% Mar 27% Jan 15% Mar al8 V4 a 1814 (Un)_ (Uni Edison Chcllar a28 250 8% May 29% 33 33%c 33% 10 68 Va 27% __ 33%c 300 67% 27% __ * Pfizer Nov a35% a36% al8% al8% a78% a793's 25% July 34% Jun 26'% * issued) Penney (J C) Co (Un) Pennsylvania Railroad (Un) Pepsi-Cola Co (Un) Jan 5Va Sep 6734 a78!4 1 Iron System Solvents 38 Va 12 .a 6% Jun 116 1,383 __ l Oil Motor American 100 1 (Un) Pan 62 V4 Mar Nov Western Paramount 12% a 300 a28 38% 25 (when 7% 3.75 May 55 y2 Mar 38Va 38% ___25 Petroleums Packard Jan a43V2 a43% a36 ____25 - 33 42% Aug 22% Feb Oct 230 7% High July 51% Apr a27% __ 25 preferred common Pacific 6% Mar Sep July 14% 3 ^ Commercial 40 lA 21% 100 .—; Inc 22 30 450 35 2.50 12% Mar Sep 3 ___1 _________ (Un) Foods Sep 3 % 20% a46% a46 % 25 Multiplier Clinton 660 6 Sep Sep 1 Chicago Corp (Un) i Chicago Mil & St Paul pfd Service 4% * (Un) (Un) Clary a41 10 __—_ Chrysler Corp 40 4% 3,412 10 common Pacific Lighting Corp common - 1 (Un) Chesapeake & Ohio Rv Co rCities a8% 2334 lo —___12% Corp a8% * 25 (Un) Tractor Corp a8% 2 Co Ry " (Un)_ Certain-teed ■ 1 : Oil Pacitic Corp (J I) Co Cenco Oils Low 3 a53% a54% __ Range Since Jan. 1 High 2.90 3 10 Elec & redeemable Dreferred Pacific Canada Shares Oct Jan 80 Va Sep 9V8 Sep 40 ♦ Mar 40 22 (Un) Co for Week Low 1 5 8% 8'/2 1 Oil Co 14 10% ___9 Ohio Jan 9 Oil Sales Range Par Oceanic 13% Mar Sep Week's of Prices Last Sale Price High Sen Sep 38% July 13% al3%' a - 0 preferred Com (Un) Mills 332 4: ai3% 5 ———: convertible 60c Burlington *a48 _1 (Unl High 11% 8% G STOCKS 11% BVs 1 (Un) Corp NOVEMBER Range Since Jan. 1 Low 11% —i____5 Corp Bond Stores Inc ENDED Friday Shares 2 —_ WEEK for Week of Prices • 2 Blue Diamond Corp Boeing Range Sale Price Par FOR Sales 8 26 400 7% 23% Apr 5% Jan Feb 5% Mar 30% July 1 . The Commercial and Financial Chronicle 40 ... (1804) Monday, November 9, 1953 OUT-OF-TOWN MARKETS RANGE Stock Midwest (Cont.) Exchange R**gCs Sale Price STOCKS Allis Chalmers Can (Un)— 10 1 American Cyanamid Co American Co (111) Investment American Rad American Tel wi Rights Stand & (Un) San Sep 15'ft Jan Laclede-Christy Sep 38% Nov Laclede 48 23 22% 48% 23'ft 22% 400 Sep 50 Aug Lamson 300 21% Sep 25 Jun Leath 300 19% Sep 13'/a 13% 600 12% Sep 15% Feb Lindsay Chemical Co common * 154% 2,700 152% Jun 161'ft Jan Lion • 2% 71% 33% 23,700 2% Nov Lonergan Mfg — 33% 154 2ft 50 (On; 71% 32 41'ft Oct 23® Nov 59 24% Mar 100 70% Jun 77'ft July 900 29% Sep 45% Gas Co Oil Louisville class Gas B of Ky—. Steel Armco Armour & 34% 9% 12 23% 10 5 common—..—1 2nd preferred * (Un) Corn (111) Co common convertible $1.50 Athey Atlantic Refining Avco Co— Mfg Corp 400 43'ft Jan (Glenn Martin 31% Sep 6.800 8'ft Sep 12'ft Mar McKee 11'ft Sep 18% Mar Medusa G) Portland & Co Nov 28% Jan Oct 9% Feb Metropolitan Brick Inc Mickelberry's Food Products 500 26'ft Sep 300 3% Sep 30 4% 5% 5% 5% 900 5% Sep 8% 8% 100 8'ft Sep Bastian-Blessing Co 46% 1% 43 1% 400 21% 1 3 50% 22 200 12% 20 75 12% 20% 75 49 49 2% — ——* — — 1% Bearings Inc .——50c Belden Manufacturing Co. __-10 — (Un)—lp Eenguet Consolidated Mining Bethlehem Steel 5 Corp——.— Borg-Warner Corp Brach Brad & — 5 —5 20 75 • Jt—— (E Sons Burlington Mills Corp — 20c Works Gear Foote — Corp W) (George Borg • (Unj_— Corp Fisheries Booth 1 3% Corp-,-.——_y_——I Brewing Berghoff __ Nov Jan Miller 8% Feb South Middle 5% 30 $1 Utilities Hart & <Un)_ . 2 —1 Apr 51% Aug 2% Mar 22 Aug 700 1 Oct 1% Jan 3% 51 % 2,100 3 Oct 6'ft Jun 11% 15% 10% 15 — Jan 1% Mar 19'ft 11% Mar 1% 2 — 5 Burroughs Corp (Un) 45 400 44% Sep Jan 57'ft 50 11% Jun 14'ft Aug 650 17% Apr 21 Sep Sep 85 200 66 200 46% 1,200 2 July 700 900 13% Oct 10% Sep Inc Canadian Pacific 1 Celanese America — 22% 2 23% 23% 400 22 1 % 23% 25 (IJn) Biscuit 1 % 200 1 2,900 Central & South 5 — 21% 22% 2% 21% Central Illinois ♦ — 38% 39 of Corp Centlivre Light Co.— Rights w i : Central 111 Secur convertible May Mar 55% Mar 3% Jan 17 Jan 17% Feb 500 Jan 2'ft Jan Nov 26'ft Aug 3'ft May Jun 22% Mar 37 Sep Oct 2 5,200 'ft Oct 19% 1,000 17% Jun 3% 100 3% Sep 27 35% 13% 36% 13% Nov 32 20% Mar 4% Feb Mar 27 Jan 29 1,100 33% Oct 41% 200 I 12% Oct 22 100 27 36% 13% Feb Jan 12.50 Corp Service 11% 11% 11% 250 11 Oct 11% Aug 25 67% 67% 68% 700 64 Sep 96'ft Jan 10 Bend RR— South Chrysler 79 76% 79 300 69% July 95'ft Jan _, Co 19 19 500 16'ft Sep 22'ft 100 75 74% 75 150 74% Nov 84 ——1 28 28 28 700 22"% Jan 28% Cleveland Cliff's Iron common % 1 preferred Clinton Foods Coleman Co Inc — Jan Mar Oct 29% Mar 27% 27% 200 13% 13% 12% 1,100 12% July 15 37 36% 37 7,500 32'ft Jun 37'ft Mar —25 36% 37 25 36% 36% 40% 5 Inc Gas System — Edison Commonwealth $1.40 convertible $1.32 convertible • (Un) 25 common preferred preferred Consumers Power Co— Continental Crane * Motors Corp 25% Jan Cudahy Packing Co 10 — (Un) Curtiss-Wright Corp 600 32% Jun __ 5% 1 Brewing & 10 Company Co 10 1 — 6% Portland Cement Edison 32% Jun 36% Nov 35% Apr 40% Nov 40% 500 8% 400 7% 26% 27% 400 25% Sep 5% 5% 100 5% Sep 8'ft May 7% 100 7 Sep 9'ft Modine Mfg Monroe Chemical Du Muter Co Ward Montgomery $3.50 & Kelvinator Corp Nash Distillers National Air 25% Mar Aviation American Co Pacific States (Un) — 700 100 55'ft 50 44'ft 12'ft Jun 22 Jan Jan Bush Sep 11% Mar 34 Apr Feb Power Shoe 5% Jan 6'ft 100 8'ft Jan 11% 27 100 23% Jun 27% 3,450 2'ft Sen 2% 600 9 Aug 6% 800 6% Sep 10'ft Jan 50% 51% 1,300 43% Sep 51% Nov 37 800 34% Jun 41 Mar 32'ft 50 27% Jan 29 150 28 Jun 35'ft May 39'ft Jan 37 10 35 Sep 55% 56% 700 53% 6% 100 6 'ft Sep 16% 10 Sep 23% Sep Jan 30 (Minn) com 600 Sep 25% Feb 200 15'ft Sep 17% Jan 200 17 Oct 19% Aug 10% 150 10% Nov 13 27'ft 300 26 Oct 34'ft Mar 3% 600 3 Sep 5% Jan 19'ft Oct 25% Jan 15% Sep 20% Mar Sep 23% 200 19% 1,050 19% 200 18'ft 21% 21% 19'/a Jun 23'/a Mar 53% Sep 70'ft July Jun 14% Mar Jun 43% Jan 17 13'ft 13% 42 41'ft 42 550 37% 14 14 100 13 — Oklahoma Packard Parker Gas Pen Peabody Co Pennsylvania Pfizer Corp Phillips Steel Oil Radio RKO Oats (Un) America 9% 9% 10% 250 8% Sep 12 Jan Richmau 36% 36'/a 36% 900 33% Jun 43% Jan 9% 300 9'ft Oct 17% 91% Jun 23 % 100 21% Sep 47 300 125 117 117 50 32 Jun 9% 9% 103% 1 9% 103% 104 23% __ 46% 10 15 46% 125 35% 35% 12 __ Jan 18 Sep 23% Jan 10% Jan 15% May 18% 19% 1,000 13'ft 13% 1,200 14 14 100 13% July ' Inc 12 100 Package Corp General 200 26 % July 34% Oct 30'ft 600 28'ft Aug 36'ft Jan 54'ft 53% 5 4'ft 1,300 48% Sep 69 Mar Sep Gibson Corp 9 'ft 300 8 % 35% 36 1,200 29% Jun 36'/b Apr 39% 39% 100 35'ft Sep 43'ft Jan 4 6'ft 47 600 42% Sep 62'ft 27% 28'ft 600 25% Aug 30 Sep 29'ft Jan 4% Jun 22% 3'ft 2% 23 9 'ft 23% 900 3'ft 300 23 125 ~9'ft 9'ft 9% 14'ft 14% 800 46% 47% 21% 2% Mar 21'ft 800 14% * 500 Jan Sep 8'ft 14 Sep 41% River Raisin class 6 '/a 10 B 25% * Co Goldblatt 9 Co 800 5'ft Jan 200 44'ft Jun 49 25 25% 2,650 Oct 38 Co— 41% 8% 100 8% Oct 9'/s Jun 21% 100 19% Oct 21% Nov Jun 13% 2,900 12% Jun 14% 19% 200 17% 23% 24 500 21% Sep Sep 26'ft 56'ft 900 56'ft Apr 60% Mar 14% 14% 50 13% Jan 14% 14% 16% 1,550 14'ft Oct 18'ft Mar 34 • Oct 47 140 Jan Aug 10% Sep 39 Jan 13 600 1,400 Mar 33% 34 'ft 1,100 30% Sep 43'ft Mar 6'ft 1,500 4% Jan 1 Serrick Corp class B common- « 6 57'ft 9 Sep 16'ft Mar 15 34'ft 33% 34'ft 500 30 Oct 14% 12% Jan -5 25'ft 25'ft 25% 300 22 15 14% 15 500 13% • 39% 39 8'ft Apr (Un) 6% Sep 31'ft Oct 37% Nov 2% 2% 1,100 2'ft Feb 2% Apr 700 67% Apr 83 61% 1,600 53% Sep 69% Feb Standard Dredging Corp 81% x59'ft 83 Southern Pacific Co Spiegel Warrants ! RR Steamship Co 51 51% 700 49% Sep 59'ft Jan Indiana 25 69% 68% 69% 700 65% Sep 81 Jan 40% 41% 400 34% Jan 41'ft Nov Standard Oil N J 15 72% 72% 73'ft 500 67'/e Sep 78% Jan Feb Standard Oil 10 34'ft 33% 3 4'ft __ 6% 8% 6% 3,400 5 Sep 29 __ 29% 200 28 Oct 38 Mar 12 Feb 14 Jan 5'ft 12% 12% 100 __ 9'ft 9% 300 __ 19% 193,3 200 18% 1% 1% 200 1% 13% 400 __ 13% 16 __ 5'ft 13% 15% 16 450 44 44% 200 5% 5% 3.200 8'ft May 12 'ft 15 41% Sep Sep Jan 10'ft July 20'ft Oct 3'ft Apr 13'ft Aug Storkline 19% Mar Bunray Oil Corp 50% Mar Swift & Co 9'ft Jan Texas 20 22 % 1,250 18% Sep 22'ft Nov Texas 17 17% 600 16'ft Oct 22 Feb Thor 23 23 700 20% July __ 9% 100 40'/a 40 V2 50 2% 2% 100 21% __ 22'ft 400 9% 9'ft 39 2'ft 21 • 5 9% 9 9% 1,800 8'ft Sep Jan Sep Sep 23% July Oct ♦ (Un) 7.50 (Un) • Interstate Power Co 3.50 Iowa Illinois Gas & Electric Iowa Power & Light Co__ Kaiser Trane Transamerica 10% Aug 10 Truax-Traer (Un) * 10 Aluminum Kansas & Chemical com City Power & Light Power & Light (Un) Drug Co footnotes • 8.75 1 Kelley Island Lime & Transport Knapp Monarch Co "or 1 see nnn-p ao 1 1 Sep 10% Feb 18% Nov 21'ft Jan 24% 24'ft 200 21% Sep 43'ft Feb 31% 32 300 27 Jun 35% Jan 17 >/8 Oct 16% 16% 16% 1,150 14% Feb 16% 16 16% 2,000 15 Va Sep 21% Mar Jan 39% Mar 38% 39% 1,700 35'ft 54% 55% 400 49% 57% Jan 40% 40% 300 35 Feb 54 Mar 17'ft 17% 950 15% Sep 19 % Mar 10 * Co 5 Co 17'ft 12 Coal Century-Fox 66% Sep 86% 18% 300 14'ft Jan 42% 1,400 36% Sep 48 27% 27% 50 26'ft Jun 32% Mar 26% 27% 2.900 24% Sep 33 Jan 30 30 100 28 Sep 38% Jan U 38% 38% 700 38 Oct 47 Jan 57% 500 49 Sep 57% 200 2% 2% 2% 1,500 2% 16% 16% 100 43 43 16% 17 'ft Jun 23% 1 Van Dorn Iron Works 56% 1,350 Sep 12 11% 26'ft Aug 13'/a Mar 37 'ft Mar 27% Jun Sep 3 'ft Jan 15'ft Sep 20% 100 42'ft Jun 46'ft 500 14% Sep Oct 18 Jan Feb Aug 24'ft Mar 42 33% 26'ft 50 Film 100 18'ft 42% 32'ft 25% 1 common — 1,700 33% 26'ft 1 Corp 12'ft 2 2 pfd series A conv Nov x73 __ 27% — x73 x73 Feb Jan Union Carbide Union Oil __ 56% 14% — __ — 5 — of S Rubber 14% 500 13% Sep 20'ft Jan 10'ft 200 9% Sep 10% Jan 29% 200 27'ft Jun 31% Mar Westinghouse 24'ft 24'ft 100 22'ft Jun 26% Mar White 5 21'ft 5 21% 30 500 5 Sep 7 Mar 19% Sep 24% Jan 22% __ __ __ 21% __ 22% 22% 100 22% Nov 31 % 31% 100 26'ft Jun 400 17 V8 Sep 18% 19 % 11% 11% 350 11'ft 21'ft 21% 950 17% 800 2% 2% 3 Sep Sep Nov 30 Mar (Un) Jun 72% 43'ft 43 "ft 43% 700 37'ft Jun 44'ft Aug 23'ft 24 900 22 Sep 32 28% 28% 500 23% Sep 31'ft Jan 36% 37% 2,200 33% Sep 44'ft Jan 8% 8% 50 7% Sep 12% Mar 23 23'ft 200 42 42 100 39 Feb 48'ft 700 40% Sep 50 28'ft Mar • 37% • Telegraph Electric 10 12% Corp Co Stores * common Bankshares Wisconsin Electric W) 20% Mar 13'ft Jan 100 23% Sep 13% 50 13% Jun 14% 1,600 13 Jun 15'ft Mar 28% 28% 100 24% Jun 28% Nov 1,200 16% Jun 18'ft Nov Sep 45'ft Aug 18% 18'ft 18% 10 43% 43% 44 100 Feb Machine . *■<--• t St" 9*4' 14% Mar >■ Oct 14% Jan 5 Co 10 10'ft ''300 S 38% 38% 100 34% Sep 47 Va Jan 72% 72'ft 200 64% 80 Jan Apr 5 Vb 43 + Yates-American Jan Aug Mar 28 31'ft Mar 21% 48 13% 10 Co 29 14'ft 10 Power Oct 23 Feb Mar 28 13% • Corp Public Service (F x47'ft 1 Inc Wisconsin Woolworth 62'ft 10 Union Motor Jun 700 5 . Walgreen Co Western 55 70% 10 Steel Corp 10'ft 20 x69 'ft 25 California Co 60'ft May 59% 70% • Carbon United Air Lines Inc 29 14'ft & 59% * 208 So La Salle St Corp Wieboldt Stephens & Shlnkle Shoe 9'ft 100 39'ft Corp Trav-ler Radio 20th 550 18% 55% (The) Wisconsin Kansas Katz • Edison Jan Mar 10'ft 25 Tool Jan 28 Feb 9% 18% Mar 1 Producing 11% 5'ft Mar 23% ___25 Gulf Co 13 Sep 5 Tool (Un) (The) Power Toledo Oct 16% 1 Co 41 U S Nickel Co (Unl Machine Oct Nov 10 200 * Corp (Un) Sep 5'ft 38% 700 5 Corp Sep 10'ft 20'ft 1 Corp Corp Sundstrand Jan 31% 10 20'ft 10 Equipment 300 1 (Ohio) Co Furniture Studebaker Sunbeam 21 % __ (Un) Railway Container Stone 17% __ • Stewart-Warner Corp 1 • Harvester Jones & Laughlin Steel Apr California 1 International Mineral & Chemical Johnson 6'ft of • International Tel & Tel Oct of 100 Co Paper 4 Oil 10 International 900 Oil 10 common International 3'ft Mar 4 Standard 1 Co International 1 Standard 3 Indiana Steel Products Co Interlake Sep Feb $2.80 Steel l'ft 28% Mar 1 Inland 9% M'ar 600 35 25 Illinois Central 49'ft Mar Sep 1% Apr Brewing Co Brick Sep 5'ft Jun Hein Werner Corp Hibbard Spencer Bartlett Illinois 36% 200 29 10 ; Huttig Sash & Door 400 5% 4 2 23 % 1 Hupp Corporation (Un). Inc 100 2 Co (G) Sep 39% 5% Nov 7 1,700 25 Hammon Organ Co new common Heileman Jan Feb 16'ft 30% 3 Brewery-. Gulf Oil Corp Harnischfeger Corp Oct 27% 1 Hallicrafters 6'/a 37'ft 27% Mar 30'ft • Chemical Western 17% Mar 1% 100 8 Corp Jan 27"% Great Griesedieck Sep Oct 23'ft Mar 30'ft * & Feb 13% 23% 57'ft 10 13% 19% .12 Aug Apr Aug Feb 27% 1 Co Oil 6% 8% Jan 28'ft 25 6 Great Lakes Dredge & Dock Lakes 52'ft Mar 6'ft 46'ft 6 21% Nov 104 100 x59% 20 Bros Greyhound Jan 5 Axel 37% 7 __ • H) Oct 14% Mar 19'ft 5 . Utilities (Un) (Un) (W Jan Mar 5 Paper Spring & Standard Gossard Sep 23 46'ft 2.50 2% 5 Refrigerator 11% May 9'ft 35% 39% \50c (Un) Tobacco J) 37% __ * Telephone Com Glidden Co Jan 33% 30 T__5 — 37% 1 (Un»_ 15% 15 9 -2.50 Corp Public 15% 5 General General 15% 33% 5 1 10 Auto Motors Jan 5% 30'ft —1 (Un) Drug Rockwell — Corp General 6% 14% Aug Oct 3 Jan 600 12'ft 100 300 13% 10 (Un) Corp Bros 13'ft 3 'ft 13% Sep , 14 19 * (Un) Co_, Steel 27% Mar —5 Raytheon Manufacturing Co Republic Jun 4 • • — Corp (Un) Packing 23% 3,300 • Co of 100 4 'ft 3 1 Indiana (Un) Corp 26'ft 4 Feb * — Co Co of Pictures Rath 26'ft 1 Co Car Co Quaker Aug 3 Co & Pullman Company Pure Jan 57% 13% 50 (Un) Service 18'ft 39'ft Apr 4'ft 2.50 Petroleum Pressed Sep Jun 50% 26'ft 33 %c Corp (Charles) Philco 15'ft 34'ft 300 5 (Un) Circle Perfect 700 700 54 _2 common RR Pepsi-Cola Co 17% 38'ft 54 • (Un) class A Co Coal 17% 38'ft 10 Electric Car Feb Aug 17% x54 0 & Motor 12 1,400 38'ft 1 -1 Co Feb 900 57% 5 _• 8 <R Watch Electric Feb 400 22 59 58% 2'ft Co Co Rexall __ General Apr 8% Mar 18'ft 20% 18% 10 Co. (Un) Reynolds 125 Box 42 % Mar 65 16% 18% Oil Nov 5 General Jan 17% 18% Edison 11% Mar • Gamble-Skogmo 11 18% xl8'ft 20% Ohio 29'ft 5 Gen American Transportation Feb Feb Jan 4 10% _ Oak Manufacturing Co Feb Inc Drive Nov Aug 100 20% Ohio Jun Controller & Mfg Four-Wheel 55'ft 6% 3% :_100 Northwest Bancorporation Nunn 7% Eastman Kodak Co (Un) Falstaff Brewing 18'ft Mar 26% Mar 10% 3% 1 (Un) Sep 27 — 27 10 Ry Northern 15 23 1 )Un) North 25% Electric National Jan 22% 1 American 400 Eddy Paper Corp Elgin Apr 15% 17% xl8'ft —2 American Car Corp Northern — 10 National Tile & Mfg New York Central RR 400 de Nemours (Un) Lines 4% 40 6% 56'ft 5 Eastern 2,400 Jan 35% July 37 —5 Industries Presto 10 10 10c (E I) 24 2'ft 100 29 1 Products Standard Co National 5 Inc (Alan B) 200 32% —. 5 (Un) Cylinder Gas National __10 Laboratories 3% 39 8 36% • 50c National 29 % "A" du Pont 300 Apr 38'ft Mar . 6% 37 -* Co Company 29 Vb Chemical Co Mont Class 26% 92% Sep 2% ■. * preference-0 Co___ 29% 5 Co Dodge Mfg Corp Dow 26% __ Sep 29. 9% 25 Missouri 20 Detroit & Cleveland Nav (Un) Detroit Apr 66 500 9'/a 27 2% * 10 Remington Rand Deere 10% 100 31% 6% 27 Mining & Mfg Mississippi River Fuel 37'ft Mar 3,300 7% — —25 Jan 8% — 1 Company Aug 81 10% 6% __ 1 Minnesota Public Columbia 800 Nov 42'ft Mar 19% % __ 25 * 33% 18% 3% 3® 19'ft Mar 14% . • - North South Shore & Chicago, 4 % 500 1,200 19% — preference Chesapeake & Ohio (Un) Chicago Milw St Paul & Pac com Cities 2 ft 10 common——1 Corp 20 19% — Service Public Illinois Central $1.50 * 50c Brewing Corp— West Corp Sep Sep Feb 55'ft 1 common North Carr-Consolidated 17% 11% ' 4 prior preferred Minneapolis 150 150 23 14% __ ■ 13 (Un) Baldwin-Lima-Hamilton Nov 19'ft 23% * Co— 5% 4% Jan 16% 3% 23% * Cement 23'ft 29% 9% Jan 39 — 1 L) (Arthur 100 4% Jun 14% 9 3% * • 200 6 Jun 8% 300 Feb 2,600 29% 3 — 34% 9% 12% 23% 6 — 10 —3 Co Washer Automatic 1 Corp—- Products 34% 8% 12 23 % 8'/a 2.000 30% 31% 1 — Elec & 100 9% 16'ft 80 9 7 Co , Nov 7 11% 11% . • Libby McNeil & Liboy Jan. 1 High 5'ft Mar 19'ft 9% —-10 common Low 550 7 9% 11% 4 Co Range Si nee High 16'ft 5 -—— (Un) Sessions & & Co Co Marshall Field & Co Ashland Oil & Refining Shares 6% 5 La 11% 33% 43% 25 Mining University Jan 800 — —— Copper Anaconda Extension Salle 700 400 — for Week Low Par High 38% 154% American Tobacco Low High 45% 11% —100 Tel Co & Sale Price 38'ft 23 7 * & Foundry American Machine Sales Range Last STOCKS Range Since Jan. 1 43% 11% — Week's of Prices Friday Shares 45% 11% 12.50 Co 6 38% • —1 Mfg Airlines American NOVEMBER ENDED for Week of Prices Low Par American WEEK FOR Sales Youngstown Sheet & Tube Zenith Radio Corp 1 72'ft Jun (13Q5X OUT-OF-TOWN MARKETS RANGE FOR WEEK NOVEMBER ENDED 6 The since range Jan. 1 shown Washington Stock Exch. below for the issues simply the transactions since the are Friday Week's Last Range stocks Sale Price Stores American Tel Rights Arundel 441/4 .100 Atlantic City Elec Co Shares Range Since Jan. 1 Low 44'A 37 Ya 260 2,678 431/2 44'A Aug Feb 201/a 28 Jun 161 y2 Jan 2% Nov 2 Ji Oct 300 17% Jan 20% Aug 25% Feb 28% Oct 152 24,689 / .10 27% 27% 13 8% 8% 8% 1 5% 5 Va 5Y« 11% 11 Ya 11% 248 10 Ya Oct .25 67% 67 Ya 68% 835 *63% Sep J. 7 % Baldwin-Lima-Hamilton High 513 211 20% , — 7% 7% 230 5% Sep 25% 26% 436 29% 29 2 a Y* Ya 26 27 Va 85% 87 18Y4 ' 8 HYa Mar Sep 3Va 450 Apr Baltimore Transit Co— Budd Company __ Delaware Power Co & Light common—13% Duquesne Light Co 26 Storage 10 Fidelity Battery « 10 & Deposit Co Garfinckel (Julius) common General Motors : 50c 2.203 5% Nov 16% Mar Jan 96 Bendix Aviation Bethlehem Steel Boeing Airplane Co Broadway-Hale Budd Hill Burroughs Corp Nov 37Ya May Canada 37 771/2 Jun 911/2 Canadian 18% 100 18% Oct Canadian Pacific Oct 24% 24% 205 23Ya Oct 24 Ya 83/4 10% 1,528 7'/e Oct 111/2 Jan 16% 16% Jan 143/e 15 Salt Feb California Ink 60 14% Oct 22% 125/a Sep 18% Mar J2V„ 12Y. 13Va 376 ll'/a 34% 34% 35 1,804 30'/a Jun 19 18% 19Ya 2,339 17Ya Sep 23 Ya Philadelphia Electric 14% Mar Sep 35 Ya Mar Jan 43 43% 175 40V4 Jun 521/2 • 'Si Vb 36 37 '/a 385 3OY2 Jun 41 • Co common 31% 31% 32 2,573 28 Ya Sep 34 Oct 22 Ya h 3i6 201/2 Jun 25 Mar —— • common Transportation -- Jan Co— • Participating Philco preferred Public % div El Gas & preference 30 Va 3% 1.315 53/a 1,872 5Ya • 30 3/4 263 17 Ya 3,425 17 25 Ya 26% 1,562 253/4 26 Va 69 21 Va 26 common 6% 29% 17 Va 10 common 4Ya 4% 6% 3 Service $1.40 4 20 Corp Potomac Electric Power common Co Oil — 50 Scott Paper Co Sun 28 110 6 Aug Sep 7Y» Jan Sep Sep 36% Jan Oct 17Ya Oct 24'/a Jun 27Ya Jun 27 Ya Feb 27 Ya 26% Oct 33 Y4 Jan • Corp 68 Y< 66 Va 69 Ya 1,257 54'/4 Jan 69Ya Nov 75% 753/4 78 V* 247 691/2 Sep 82Ya Jan (Jnited Gas Improvement $4.50 Light Gas Westmoieland Inc 10 Coal 20 & Lothrop — 30V8 106 38 Oct 105 Oct 14 45 Jan July Feb 30 Ya Jun 30'/a 245 842 6 Jun Nov 18Ya Mar 11 Va 9 139 11% Oct 23 Eureka Central Chesapeake Milw Chrysler Cities & 27% 80 26'A Oct 27% Oct Washington Gas Light Co— Corp Ohio Ry Co 109 109 — $1,000 109 Oct 108 Range Nov Sale Price Columbia it Steel.. Columbia & Gas Gas 31% 215 8% Equitable Gas ... 240 15% 8% 38 Ya Sep Jan 22 % Mar Sep 9Ya Jan Apr 63/« 204 123/4 July 63/8 Oct 15»/e 63/8 8 Mar 29 Va 293/4 436 25% 29% System Pitt Fort 23% • 8.50 _1 BrewingWalker 23% 23% 160 50 61 13% Manufacturing Joy Star Lone Gas Co Mfg Mountain Fuel _ _ _ 333/8 — 333/e 10 ... 4% 26 Ye 24 Va 1 . _ McKinney 4% 26% - « Refractories Sep \ 4% Nov Jan Jan Jan 223/4 Sep 31 333/8 20 31% Sep 39 '/a Mar 243/4 33 23 Jun 29 13/4 300 13/4 162 18% Sep 1% 500 1% Sep 62 443/4 Jan Jan 2 Feb 20 V* 1% — 7Ya 260 13/4 .10 . Sep .2.50 Pittsburgh Plate Glass —10 Screw Reymer & Rockwell 7 Va 7 Va 7% — 7% 7% 550 5 * Axel & 5 -.5 __ 7 125 — * Bros Spring 52 52 0 Bolt Corp & Pittsburgh Steel Foundry common Ind 21 Ya ~ . 21 % Mar 21% 2i/a 583/4 Mar of Air Consolidated 12.50 Westinghouse Electric Corp Vultee Oil Continental i V Air ; Alaska Juneau Reduction Gold 150 43/, Allied Chemical & Dye Corp t Aliis-Chaliners 193/4 Class $3 B !■ Amer Broadcast-Para Can American Car American 16Ya Feb 488 393/a Sep 49 Ya Mar 1 — Dominguez Fields Oil Chem class S 10 (Uin American Potash & American Radiator American Week's — for Week \ Shares Mont Du Pont Low High 23 Va 280 2% 100 2 a71a73% 62 63 42 3/4 462 42 — all % all3/4 175 42 3/4 ' Tel (when Rights Tel & Kodak issued) Co 48'/a Woolen American Anaconda Anglo Copper Mining 154% Fuel Oil Steel Corp 1.50 22% High 4% Armour & Co (111) (Un) State Goodrich (B Goodyear Tire Atlantic Coast Line Atlantic Refining Co RR For footnotes see page 47. Jan 63 Va Jan 47 1,333 193/4 Oct 383/6 Jan 90c 2,828 85c Nov 1.35 Jan 36 41% Jan 50Ye Jan Oct 95 Jan Oct - Feb 22V* 94 '/a Mar 333/4 Aug 36 V* 370 90 13% Oct 98 4236 Apr 199 65 V* 139 713/4 33 Va Jan 40'/a May 68 68 76 s/8 ' 1 39*J/4 207 17% 17% 292 15 Va Sep 48 Ya 145 40% Sep 13 % 400 12% July - Feb 1 Greyhound (Un) Rubber & Ry non-cum Hancock Oil Co 35 Oct 36Ya 425 32 Y4 Jun 36 Ya Nov 60 131 55 % Jan 69 Aug 100 7 Ya Aug 10% Feb 766 35'/a Jun 41 Ya Nov HYa Jan 16% Jan 7% 7Y4 41 % 41% al3 al3Ya 113 18 Jan a__ 54% 38 17% 17% 260 15% Sep 22% 8% 8% 100 7Ya Oct 11Y4 Mar 56 % a a55% a__ — 75 a74»/a a75% 50 Oct 101 a55Ya a55Y8 a75% 68 Mar 32 y4 2,505 265/a Jun 101 101Y4 24 91 Ya Jun 31Y4 101% 7 Ya — Feb Jun 72 Va Oct 32% Nov 102 Va Feb Oct 9V2 Mar 7% 7% 350 18 19 % 300 HYa Feb 19 % Nov 17Y4 I8Y0 630 14 Feb 18% Nov 62 62 10 56 % Apr 62 34% 18Y4 35% 35 Va 2,957 Apr 35 Va Nov Mar 7 % July 6'/a 29 4 500 a36'/a a36% 175 5% a36 % 7 9% 9Y4 42 Ya Jan Nov 17 Va Jan Apr 105% Nov 41 Ya 1,042 9Y4 Jun 92 285 103Y4 105 Y4 34 Va Nov Jun 47 Va Nov 47 47 VB 292 5Ya 5Ya 1,400 9Y4 10 806 9y4 Nov 11% Jan 35% 35 Ya 665 31 Ya Sep 37 Mar 39 Ya 40 644 37% Sep 3% 3Ya 120 40 a37% 4Ya Aug 82 Ya 3% 7 Ye Jan 83 Y4 Sep 46 % Jan 7% Jan 34 1,196 Oct 43 Jan 67 Ya 156 a37% a38% 83 Y4 Feb 83 Y» Nov Jan 56'/a Oct Sep 69Y4 Feb Sep 12 Va Apr a57Y4 a57Y4 50 52% 60% 60 Y4 1,105 54 Va 9% 9 Ye 400 9 43 Y4 44 369 36 Feb 44 18 18 200 16Ya Oct 21% Mar 19,148 23 9% Nov Foods Inc. Power Oil & Oct a'72% Sep Mar 53 53% 425 44% Sep 54% a50Y4 13% 33%c Co.— 58 Feb Leslie Jan Libby McNeill Lockheed 313/4 297 31% Nov 493/4 May 154Ya 1543/4 2,429 15 V* Nov 32 2>A 18,543 Jun 49% Aug Macy Sep 32% Magnavox Nov 12 3/6 Sep 15 Va Feb 27 Oct 43% Jan 21 1,300 19Ya Oct 12% 2,950 llYa Oct 3% 305 3% Nov a34Ya a35% 52 34% Oct 39 V* Apr a49 % a49Y» 77 47 Va Oct 56 % Aug 12% 100 9Ya Sep 16 V* Mar July 18% Mar a.34 Ya 12 Y4 al4 1.20 Jun 160% Mar Nov 2)7,j 77 Aug Merck Jan Middle 60 16 Va Sep 293/4 Sep 24 Ya 57 Ya 57 Ya 380 48 Ye Jun 14% HYa 410 14 Aug 20% Jan 8 8% 2,450 8 Sep 12 Ya Jan 8% ; a — Sep 5 1 _i—— (Glenn) * Co (Un)— —• Robbins Inc (Un)—18 & Mfg South 73 % 62% 62% 186 58Ya 21 % 240 19% Sep 24 22% 22 Ya 550 Sep Nov Jan May 22% Oct 30 Va May 50 42% Oct 47 3 435 2% Nov 18% al8Y» 35 a66% a68 % 40% 40 Ya 34 34 a8Y4 a8Ya 90 10% Apr 26% 27 905 20Ya Apr 27 Nov 90 10 Ye Oct 13% Feb a41 Ya a4lYa 03A a a68 *- 34 a8Ya 27 all % 20 Mar 228 63 Aug 82 Feb 345 38 % Sep 59 % Jan 170 alOY. all 1.40 a 22% 34 Nov 40 Va Apr al8Ya alSYa 16Ya al5 al4Ya 18% 16Y» 8Y4 Jan 1.30 Apr 1.45 Mar 160 . < 21 Va Oct 25 Ya Jan 94 16Ya Sep 22 Va Jan 1,203 HYa Sep 12Ya July 18., Jan 18 % Mar al5 115 19 Ya 3,045 !5Y4 Jun 19 Ya Nov a35Ya a36Ya 101 34 Ya July 36Ya Feb 3% 100 19 a36% 125 1.40 a2l Ya a22% 16% Mar 5Va Mar 17Ya July 3 2% Sep 4 Va Mar 1 16%c Utilities al9% a 19% 24 17Ya Sep 20 V* May * Co Co & 57 Ya 21% 1 1__: Jan 33 a27% a27 % 30 24 Ye Sep Sep 27% Mar Inc 6c Jan 2c 3c 21,500 6,178 Feb Jan 96c 70c 443/4 88c 9% 8 Apr 10 Mar Oct 9% 10 20 20 630 iscp 28 V* Mar 56% 65 Mar 42 Ya Jun 193/4 Apr 34 Ya a34 Ya 126 31% Sep 43% Jan M J & Mother M & M Lode Cons a8Ys 25 8% Sep 80 863/4 Sep 100 V* Aug 119% Jan National City Sep 303/4 Aug National Distillers 12% Mar Jan Nash-Kelvinator National Auto Corp (Un)—s . ; t> ■ (Un) Fibres— Lines Mines (Un) l a90% a92 % 27 Ve 609 2c Jun 100 80 27 90c 15Ya 70 —• common 2.00 Mar a__ a44 100 Monolith Portland Cement com (Un)_* Montana-Dakota Utilities (Un)——5 37 250 Jun —P.10 100 29 Ya 1.15 Mindanao 379 29 Va 4,750 25% Mar 16Ya a89Ye a92Ya 14 57 1.25 2c 42 Va a8Ya Aug 5% May a44 Oct 60 33% 14 Va 26 Y4 22 Ya Navigation McKesson Jun - H) Calculators Co Mof.son Oct 33% al4 1.20 ) * u_— Co Marchant 70% 240 28% Mar Aug 20 62% —10 7 1 —-* — class B (R Co & 35% al5Ya al5% (Un) Libby Corp & (Un) Lyons-Magnus 30% 2& 13 Va 3% —1 8Y4 —• 2.50 (Un) Aircraft Inc 43 152% Light & Salt Co Loew's 248 58 Ya Mar Jan 75% Mar 15% May 1,130 Sep 12 Va 11 Ya 1 uom County Land 38% 13% 48 21 50 Kennecott Copper Corp Sep - Corp Kem Feb 20 Chem & Power Sep 200 13% 12% • 10 a Motors Corp 11% 32 Ya Jan 150 257 a49% a50Y4 Co (Un) 7% Tel com (Un)—* Corp (Un) Laughlin Steel (Un) Kansas 815 — 83 75 — Paper Alum Kaiser 344 a92s/g Jun 62 Ye 20 (Un)..——* Co International 39 «... Jun 66 a72Y4 (Un) —1 Mines Corp Maryland Idaho 71 Va a92 % 15% 10 70 53% • 12% 6Y3 Co International Harvester 13% 28% a 23 81 1 12ya Nov 21 81 23 1 * Ltd Co (Un) Homestake Mining (Un) 323/fc 13 Va — • (Un) —* pfd (Un)—• Co Apr Va 10 Jan 60 41% • class A Pineapple Oil Holly Jan I6V0 a 15 18% al8y4 60 3 3 3/6 42 5 Nov 36Ya a 36 Ya 10 Corp 283/4 16 Ya 50 20 48Ya 21 Ya 100 F) North Great 150 2 — — Ltd common— Co Sep Sep Sep 4 2 Va — __ 24 Ya 13% 5 • 1 preferred 36% —10 Atchison Top & Santa Fe (Un) Sep Oct 48 Ya (Un)—* Corp common Oct 5 .. 15 46 22% 393/4 * Preferred —20 (Un) Jan 50 85c . 10 (Un) Co Gillette Company common 71 Va al5Ya Coru 333/4 20 * — Corp Cliem & Montgomery Ward & Co Armco - 540 15% al5% 765/a _* Gladding McBean & Co 38 Ye —25 Calif Natl Bank Arkansas Sep 3 Co Petroleums Ltd Foods 230 28% 2 i« (Un) Feb 22 Va 6s/a Mar - 4 Motors Corp common.—. General Paint Corp common — Martin (Un) Co Jan 12Ya 215 5 % General 143/4 a48 Va a 48 Va _~a — (Un) Nov 273/4 Sep 23% 68 104% Capwell Co General Menasco Viscose Corp 18% Oct 11 a43 Va a43 Va 25 Corp Gas Electric 31% 13% Tobacco Co American Sep 203/4 al2Ya al2Ye (Un)—10 * common Products Machinery 71 Va American . Sep :—10c (Un) Works Oil Natural Paso 38% 32 Ya • (Un) A class Lab Dorado HYa — ._100 Co 45 3% 36 5 de Nemours & Co 38% — 38% a (Un) Co General Range Since Jan. 1 23 — all% -II5 , 295 618 Sales Range a B_ (Un) Common American 8 15 580 .. 4%, 86c * • 1 Johns-Manvllle Smelting & Refining— & ! 46Va __ 1 of California Chemical Jones & 2% 25 (Un) (Un) Co Exchange of Prices : 12 Va Foundrv & American Cvanamid 1 ' (Un) 223/4 Mar 183/6 22 Va 5 Hunt 48% x47 ■ Theat com (Un) .1 (Un) Co Sep 4 Va a 25 5 preferred Oct 29 Va May a73 Il20 Airlines Inc American 17 Va Nov Sep a (Un). (Un) common common cumulative 5'/2 Oct 12Va Aug Low a Mfg 130 17 Va 22 V* Fruit Corp class A com—5 21 Ya Feb 50 22 3/8 —10 Mining Co Feb " 17 Ya Corpl iUn)__ Car 449 Pur (Un) Co common Jan • 17 Va 17 : * Di Giorgio Kaiser # Jan '1 18 % 23% 1 5 Corp 488 Last .« 18 Va 1 Pre!erred Curtiss-Wright Hudson-Motor 12% Sale Price ■ • Oct a54% (Un) Corp Honolulu' Oil 23 Va Friday STOCKS Del Co Zellerbach Nov 12 Va 48% • ; 11 Ya 133/4 Sep a54 % Aircraft-. Feb 22% San Francisco Stock * 67 . - 11% Oct (Un)__15 Co Gas Refining Products Corn Intex . Apr lOYe July " * (Un) Continental Motors International Tel [ 80% Sep all all Va 1.33% Natural 7% Nov 12% ...10 Brake 66% Oct ' 400 22% 5 (Un) Y N Corp 9% Sep 7% Jun 23 5 Engineering & Foundry Co. Westlngliouse Oct 9 3/6 0 A class Coppermines Idaho United 48 V* 525 ' 25 Edison Grocers Hawaiian Pittsburgh Brewing Co common Pitts 183/4 * (Un) Solvents Edison 24 Ya Mar 203/4 Jun 20% _ Supply. July 37 106 17% A__2% • cl (Un) Consolidated Consol Golden Harbison Feb 3.00 Nov 13 Ya 5 Co Jan Sep 2.00 al5 al5V* : — • Consolidated food High 293/4 _ ... 253/a 30 17 Ya 8% * System Brewing Light Low 17 Va 17% ^ Duquesne Sep 133/6 12 3/4 3% System Chemical Consol Federated Range Since Jan. 1 High 31 Ya * _ Duquesne 50 a75 10 V* all % allYa • Iron Broadcast Emporium Shares Low Pur Co 513 a75 al5 % 100 25 10 Co Columbia El for Week of Prices Last STOCKS Co 48 1Y* Jan Sep Sales Week's Friday Ludlum (Un)_ com (Un) Fuel Du 1960 Pitlsburgh Stock Exchange L) (Un) RR Colorado Electrical <D 6,195 45% __ 1 20 (Un) Chemical Clorox El Allegheny 2.20 Apr 67 Ya Mar Sep 1 738 2.10 all3/8 • Corp Eastman Clark 13 V* Mar 11% 10% 10 America Paul St Service Dow Blaw-Knox 10 Va 50% 11 v* 51 Ve 355 ' Chic Douglas Oil mortgage 5sl 57 V* 50% aft 12% Ry Caterpillar Tractor Co common— Jan 27 Va — 17 3/8 ll3/a BONDS— General 453/4 Sep 4% Nov 106 11% - 11 Ya 10 common 34 Ya 30 Ya 106 * Westmoreland Woodward 34 Ya " 45/a 165 5 30 V2 34% 13 % common preferred conv 4Ya 5 1 Washington 100 : 2 (Un) Case (J I) & Co (Un)_— Crown United 210 1 Apr 30 V* Mar 2.90 July Jan 24% 27% • Co 62 1% (Un) Oil Co Ltd: Consolidated Reading 603/4 5 Ginger Ale Commonwealth Common Oct a75 ' Commercial Philadelphia 203/4 300 Mar 10 Power in 110 3% .. • 5.50 Co Packing Corp Dry Ceianese Corp of 135 • Mfg preference 701/2 Sep 1 Water 4% 45% 10 Oct 50 Pennsylvania div 19 16 Ya Mar Light Sep a3 Va 2.10 —_—5 Atlantic Feb Sep Pennsylvania RR 3 V* 50% * 2% (Un)_ — 29% 53u/a 14 Y4 Feb 25 a21 Ye a21 Ye 11% 5 10 u Byron Jackson Co Preferred & Sullivan & Sep 12 Ye 1 8Ya 1 JI — Inc Company Sep 130 • Pennsylvania (Un) (Un) Stores 25% 1,905 L) Pennroad Corp Pennsylvania Power (Un) Corp 25'/e HYa RR (Glenn Jan Nov 62 :5 PI • 2 1 ; 500 61% "9% 1.10 5 Va 36c 3,435 40c' 5 Ve a3Va a21Ya (Uni Bishop Oil Co Blair Holdings 4,725 l3Ya 10 Nov 365 3% 1 . Mar 30 Sep 59% Navigation Valley Martin (Un) Corp 27% 14 Ya 15 a29 36c a3Va Benguet Cons Mining (Un) 23% July 59 Ya common & High Low 29 V* Aug 57 5 Va — 1 Apr 5 Hecht (The) Co Range Since Jan. 1 High a28Ya 38c 100 Bailey Selburn Oil & Gas class A & Ohio RR (Un) 8% II—5 — Lehigh 87 Corp Gimbel Brothers Lehigh Coal 26 v. (Un) Corp Shares Low a28Ya P2 ,-3 Bandin.1 Petroleum California Electric $1 Atok-Big Wedge Avco Manufacturing Bunker Chrysler Corp Curtis Publishing 1 5 (Un) Corp Borg-Warner Corp Common . Atlas for Week ■ Par the of Oct. 15. merger High 2'/4 Corporation on Sales 153% 155i/e 154% . ■' selling Baltimore Low Co Tel & wi Sale Price for Week of Prices Par American formerly Range of Prices Last < STOCKS Sale* Week'a Friday Philadelphia-Baltimore Stock Exchange — Prod lL- • . 5 ———1 (Un)——0 „55 Sep 56% 363 al8 a 18% 125 17% Oct 25 Ya - t—1 ll% 1.50 Apr Feb 19% 410 16% Sep 21% Mar al7% al7% 50 14Va Jan 18 18 Va 250 17 Vis Sep 23 V* 18Y» 18% Aug Jan V. ) The Commercial and Financial J2 Chronicl Monday, November 9, 1953 ... (1806) "" OUT-OF-TOWN MARKETS RANGE WEEK FOR NOVEMBER 6 ENDED Friday Last (Cont.) STOCKS Range for Week of Prices Shares Sale Price Gypsum Natoinas Low N Y Central Oil Norris North RR __1 20 % American Edison Co Oil Co Sugar (Un) Co Co Can Coast Gas 1st 16% 15% 16% 401 12% July Gas preferred Petroleums Public 39% Apr 56 2.25 Jan 31 % 31% 90 31% Jan 16 % 16% 100 __ Stendel American Inc Oil 260 26 Jun 29% Mai- 34 Jun 26% 26% 185 Rheem Bldg Super Jun 141 4'/a 130 100 26c 30c 23% 54c Apr Sep 11% a30 a30 Sep Jan 4 11 Jan 15 Apr Sep 43 Feb 29 Sep 36 % Jan 3% July 50 4 4'/a 48% 30% 122 25% Jun 30% Mar a39 65 36 Sep 43'A Jan a45% a45% 25 44% Oct 60% Jan .23% 744 23% - Sep 22 Sep 14% a 84 10 13% July 86 al4% 50 80 Sep 26% 265 22% 32% 100 31% Aug a9% a9% 52 8% 14 % 57 14% 26% 1 — _50c . a __ B 10 (Un). JL„ Co 6% , A pfd Sep Sep 34 Jan 34% Feb 14 31% Jun 34% 32% 32% 224 42% Sep 51 Mar 17 Sep 26 Mar 46% 179 41% Jan 47% 23 708 26% 52'A 29% Mar Jan 44 100 Sep 63 Jun 35% Mar 121 % 50 121% 121% Sep Oct 32% 71 33% a Transanierica 7% Oct 317 13% Jun 16'/a Jan 1,228 36% Sep 38'A Sep 49% Mar 250 265 5% 5% 150 150 25 >/■ Sep 29 Aug 51% 3,812 49'A Sep 59% Jan 'A 97 67 Oct 80% Jan Jan 50% 50% a 69% Aug U S (Unf__ Corp of Delaware Corp (Un) United U S Steel Corp common Consolidated Oil (Un)_.—; - 16 Va 67'/a Sep 78% 9 Ve Sep 11% May 32% Apr 36 15'A Sep 21% Mar Jan Jan a34 a34% 16%: 12% 12% 930 11'A Aug 32 'A 36'A 661 30s,8 Sep 39% a54% a54% 60 49% Sep 57% Mar 60 S% Aug 11% Mar 21% 21% 340 19'A Oct 27 26 26% 2,740 23% Sep 29% Mar al5% a 15% -100 13% Sep 17% Jan 63 Sep 71% Jan a7% " a7% 26% al5% ; Insur a a22% a22% 22% 645 70% Jun 132 21% 12 : West Indies Sugar Air Western 42% 43% 1,852 37'/a 93% 235 33'A Apr 259 22% 24 24 a 4'% a 4% 520 23% July 29% Mar 293 23% 28%, Nov Sep 44 Jan Feb 56% Nov • 36% 36% 432 34 56'A 56% 300 41% 10 Vn 10 Va 450 8% (F Cab Co Yellow 10% July Jun all% all% 65- 12 Sep 16% a26% a26% 35 25 Ve Jun 29 Mar ' 31 Nov 60 Mar' all% 5 31 31 953 35 4 1,098 3% Sep 26% 50 21% Sep 26% 19% 80 18% Oct 26% '• ■ a 17% a Apr 5'/a Jan 4 Nov Jan _1 9% 9% 180 8% Sep 12% Feb 42% 42% 184 40% Apr 47% Aug 45% 477/a 795 40 Sep Jan 16 % Sep 47% Jan Oct 7% Jan 12% (Un):—_____1 common 16% 650 12% a43% a43% a44 235 43'/a 1 (Un) 16% 10 Motors Wi Sep —__10 Telegraph (Un) W'estinghouse Elec Com (Un) Willys-Overland Mar 5% Mar 27 28% 1 Western Union Woolworth Nov 28% 26% 28% 32 Sep Jun 5 50 ' Sep Aug 43% 26'A (Un)___ Inc 44 Jun 93% 1 common Lines 21% Sep 43% 93% (Un.i_5 —. com new Mar v ' 69% ' Life Oct 15% 32 V* (Un).—L._— 1 (Un) Preferred 9% Mar 165 • 10'A * Washington Water Power ...i Westates Petroleum com Sep 80 72% 1 Pictures Bros 5% 10 ... . Victor Equipment, Co Warner Sep 986 73% 10 % 16% 5 (Un) 38% . 181 72% .1 10 Gas Rubber a 69 10 % 10 Inc Jun Mar 42% 45% & Lines Air United United 47 47 41 a26% a27y8 Carbon (Un) * Union Electric Co of Missouri,. 10 Union Oil Co of California common__25 United Aircraft Corp (Un) .5 Carbide Union 9'A 45 »A 1 (Un) Corp Jan 13 400 15 39 '/a 45% 2 Corp Tri-Continental Jan 33 Va Mar 42% 10 Oil 29% July Jan 38% 9 Feb 19% 350 a51 % Associated Water 92 " 15 25 Incorporated, common..—50c West Coast 47% • Tide Apr 25% 33% ...100 .. a 26 a52% 25 (Un) 52 100 32 Jan Mar 46% . 1 • class 14% Sen 29% 22 100% Mar 47% 47% 1 - _ a33% a33% (Un) Company Universal 24% • (Un) 68% Mar 50 30% a38% a54% a54% 84 (Un) 327 a Mar Apr 600 * 3 Jun Feb 23% 29% 499 4 Jan Nov 8% 70 34% 67/a Sep 18 137 18% a 33% 47 % Mar 4 150 al3% al3'A Jan 26c 10,900 8% al8% Feb Texas Textron 8% — 29 5 ...__5 1 L_._*. 5 7.50 Sylvania 28c _ a3L% a31% 119% Mar 3 a39 J N Mold Corp Electric Products 13% Mar 22Oct Sep i__ Corp Co Sunray 32% Cement Russ Sterling Oct Apr 4'/» P10 26% Feb 25 15 Warner Corp (Un) Drug Inc (Un) Oil Corp (Un) Stanley Oct 33% 7% Aug 100 * Manufacturing Oil Oct 66% Oct 17 ■ Richfield 1.25 Apr 111 31% _ Reynolds Tobacco class Riverside Aug 66 34% Timber Co of 50 al36%al36% * Corp Oil 100 • * Gas (Indiana) a25 ._ Steel of 9% 31% <„ Oil & Co Co 114% 114% 50 California Oil Oil 56% 50 .— Standard 9% 33 %c 24% Jun Jan 33 448 39 Ve Mar Jun 22 y2 27 75c 1,900 66 a 33% 22% May Jun a25 (Un)___1 _ 1.20 33'/a 66 37.% Jan 215 1 Standard 1.05 Sep 36% 37 • 1 Feb a33 «/s 30 2 Feb -12% Co common — Brands Inc (Un) 28 66 664 500 Standard 28 1.05 Sep 34% 1,510 Sperry Corp Jun Nov 30% 41% Jan 37 Spiegel Inc Jun Nov 306 ... 23% Jan 25% 73% 22 23% Jan 34 % Oct a24% a247/a Jan Jun 25 Manufacturing Co Republic Railway 640 Rayonier Incorp common Reserve Pacific 357 ... Rand Southern 27% * Remington Co 27% * - 33% A--25 .2 5 —* • (Un) Southern 27% 10c 33 ?8 34V4 57% Sep Jan May 19% 25 4.56% Southern Calif Gas preferred ser 27% 114% 54% 66 a56% a57% 57 % 25 Southern California Petroleum Standard , 115 141 2,164 31% 24% • Oct 22 29 Jun 27% 26% Jan 64% 73% July 30% 534 Feb 27% Feb 21% SOys Mar 26 Corp of America (Un)___ Railway Equipt & Realty Co Ltd com.* Preferred Jan 6% May 6.086 201 (Un) Airways & 16% 28 4 Co. Oct 12c Sep 55% 25 preferred Southern 5% 221 Radio Raytheon 13% July 38% 1 (Un) "Preferred 50 38% * Corp (Un) Co 5% 5% _ common- Philco Corp (Un) ■ Philippine Long Dist Tel Co Phillips Petroleum Sound Puln 12% Mar 22 2.360 27% _33y3o Issued) (Un). Puget Oct al4 Sep 20% 21% Jan 25 Pennsylvania RR Co (Un) Pepsi Cola Co (Un) Phelps Dodge Corp 7% a7% 13% 6c 25 157 2,900 6c 15 4.32% Convertible preferred 4.48% Preferred 36% July 73% a (Un)—* Co com 4.08% Preferred Sep 25 Calif Edison Cumulative 33% . • (Un). Oil Socony-Vacuum • 66 37% 6c 5 Ot? & Gas Co. new cl A Sinclair Oil Corp (ITn) Southern 38% Aug a67% a68% * 15 Co & Co Oil 25 A common Oil 15% 30% — World Jan Jun 33 % Ltd. Co Shell 3% May 1.40 33 _ Motor Roebuck Mar 23 11% 15 27% Pacific Western Oil Corp Packard 32% May 27% Pacific Tel & Tel common....A..* ___100 Preferred Sep Feb Apr 660 2.50 a7% a 15 30% common- Service Paper 38 Jan 1 Co Scott Sears Sep a21% a21% Mar 3% 1,343 v 2.30 14% 15 25 Devel (when Pacific Jun 51% 25 preferred Oil & 34% 20 25 Lighting Corp common 100 100 25 series Pacific Pure 3% May 3% 38% * redeemable redeemable Pullman Nov 3% a38 '/a a38% 25 preferred redeemable Palmer 18% Mar a54% a54% a54'/s 5 % common preferred 5% Pan 1.S5 3,020 3.00 1.95 3.00 5 __.10 (Un)„ Corp Jan Signal 5 Electric & 5% New 83% Apr 7% 32% a31% a33 Va (Un)_1.40 Industries common 9% 525 970 P.10 Mining Mauricio High Low 8% 37% 23]/b Mar Sep 5 1st preferred 1st Pacific 20% Mar Jun 52% • — Finance Pacific July 19% 20 Aggregates... Pacific 4.80% 16 % 75 795 19% * class A__ Amer Fisheries 5'/2% Schenley 420 20 .... B Pacific 5% San Oct a22 ♦ __ Pabco Products Inc common 6% Feb 59% —12 (Un) (Un) Filters United Pacific Jan 6.25 1 (Un) Pacific 25% 28% 58% (Un), Joseph Lead Sep Sep 2.00 Aug Range Since Jan. 1 High 8 8% 5 10 Safeway Stores Inc St 19% a21% 18% Shares Low —10 Foods Fine W & 24% • Ohio Ohio 8 315 59% 1 Olaa Sugar Co Pacific 7% Mar 100 (Un) Oil Co Onomea Nov a21% 1 (Uni (Un) Northrop Aircraft Class 4% 10 Aviation Northern Pacific Railway Oliver 22% May 2,250 6 . Oct 401 20% 5% 18% 320 a27 % a27% 27 'A 1 for Week High 283 4%, 20% 20% a • Co North American Co Oceanic 4% 4% • .... Power Low 20% * (Un)_ Mohawk Niagara Range Since Jan. 1 High Company (Un) Sale Price Pur Par National Range of Prices Last STOCKS Sales Week's Friday San Francisco Stock Exch. Sales Week's 5% 5% 5% 300 5 Mar 49 Oct ;} CANADIAN MARKETS RANGE FOR WEEK ENDED NOVEMBER 6 Week's Friday Montreal Stock • , Last „ Range Sale Price Pur Abitibl Power $1.50 & Paper Sugar 15 y2 25% 257/8 1,425 * class A.. 15 % 257/8 6% 6 preferred 100 Algoma Steel alOO lo 9 __ 175 9 36% 35 Apr 15 V2 471/2 47 48 26% Feb 6 Oct 16% Mar 7% 18 Feb Canada $1.30 Aug Canada Jan 8% 101% Sep Canada Feb 98 9V2 Jun 2nd 30% Oct 49'A Jan 3,488 . Products Dredging 5%% of Can 4% Co 41% Apr 53% Jan preferred—25 23% 23Ve 23% 480 100 103% 103% 104 490 100 May 50 a40% a40% a40% 60 37 Jun 2nd preferred Anglo Canadian Tel Co 4V2% Argus Corp Ltd common.. 4%% pfd « : 11% ny8 —_100 83 82% 83 26% 26 26% 3,725 • 14% 14 y4 14 "A 910 Corp common Atlas Steels Ltd.. 21% 70 • preferred Asbestos ... Apr 11% Aug 300 12 Class Bell Power & B Paper class A Brazilian British British '5% Traction American Light & Power Oil 39 Iron al6 al7 38% 39'A 9% 10% 187/8 19 18%" 5% preferred preferred 12% 4% pfd Feb 83% Mar 27% Aug Sep 23% Jan Canadian Car & Class Canadian Jan Canadian Cottons 40 Jun Canadian Fairbanks 9% Jun 11'A Jan Canadian Locomotive Canadian Companies 5% Sep 21»A British Columbia Forest British Columbia Power 78 Jun 80'A Aug 88 Jan 95 July Canadian 95 46 Jan 50'A Aug Canadian • 5% 5% 5 "A 2,435 5y8 Oct Cockshutt ♦ 17% 177/8 18 18% Oct Consol Products new com , 4.55 17% 1,399 Apr Oct 6% Apr 300 27 Jan 29% 350 38 19 Nov 22% Feb 98% Jan 102% Aug 99 Jan 102% Aug 70 Apr 82 46 Feb 50% Mar Apr 20 7 7.00 Oct * Feb 20 65 Ho 17 Feb 87 Mar Jan Aug al7 31 75 350 4,155 325 15% 26% 31% 31 Nov 34% Aug al9% a20 105 18 V8 July 20 __ pfd ?. 8% a 34% Jun 40 Feb 24 5 - * —x. 120 8% Jun 33 Mar Aug 18% 17 8 102 19j/2 120 46 13% Sep Jan Apr Jan 25% May Nov May Jun 20% Mar Oct 24% (Nov 305 • 19% " 120 May 20 5o 690 14% Oct a99% a99% 20 99% Feb 4,801 950 21% Sep Aug 3318 Jan- 14 Sep 19 30 4,205 9% 120 120 1 18% 20 - 18 8% 19'A 19% 25 Morse pfd—;—100 Pacific pfd—100 cum __ 25 Railway Vickers ; , ; < 17 • * 23% 23'A • — Equipment— Mining & Smelting.; Farm Est - _ 22% Jan __ 25% , 23% ' 16% .17 . all'A all% 25% 26 22 101 Jan, Sep 16% Mar Sep 34% " n- Jan ■s! quotations on all Canadian securities. Orders handled Canadian Stock on all Exchanges through our Canadian affiliate which has a direct private wire from coast to coast. W. C. Pitfield & 30 Broad Street • Co, Inc. Tel: HAnover 2-9250 ROYAL page 47. BANK BUILDING MONTREAL, Members: Montreal Stock ^Exchange — QUE. ; it Canadian Stock Exchange 1 The Investment |)ealers' Association of Canada Directjprivate wires with Teletype: NYl-1979 NEW YORK New York, Toronto i and Maritime Provinces V Branches Halifax, N. S. For footnotes see 175 72 5.50 Jan 20 79>/2 35 al7 18 .. __ . • Cellulose & Jan 22 % 30 79'A Client 45 a93 ' Jan Mar 40 Jan Nov Mar 8% 24'A 25% 25 Sep 49'A __ Oct 3,259 300 18 • 25 35 V8 16% 80 __ 20 common—. series a93 __ • Aug 4 145 1,400 28% 20% 38 a27 __ — • Foundry common Celanese $1.75 series 48% 100 14 19 20% 38% a27 20% » — Ltd 15 % July 2,705 — • common A Canadian 49'% 100 i c 36% Apr Sep Apr Jun, _. a80 •* Breweries Bronze 42 —.100 • 50 . ... „ Canners 100 Elec ... <- 19 19 "alOOalOO'A 100 100 a80 a80 50 50 __ Canadian Feb 36 28.460 1 32 % 455 I85 800 r 36 6.18 28 , alOO'A Canadian 12% 9,280 9% • - 77% 28 % common.—10 May 24 24 207 39 6.00 , ,77% 1st preferred ——100 Foundries Safeway 105% July 80' 40 al7 common—• preferred preferred 39 __ ♦ 25 Columbia -4%% • ... Telephone 36 — • . - — Canada Steamship common $1.00 Bathurst 5.00 5.00 - 6.10 20 " Cement common preferred Canadian Aluminum 5.00 - * 5 —: 36 Oct Jan 1,193 36% * __2 12% 25'A l4o • Aluminium Ltd - 125 171/, alOO __ * 6'A 1714 * Agnew-Surpass Shoe 4,047 - ... Gold Bulolo 36% all% ~ al2 36% al2 — B Building ■High Low 15 >A Class Range Since Jan. 1 Shares High • common Acadia-Atlantic Sugar 5% of Prices Low Mills Bruck for Week 25 common preferred Acadia-Atlantic Sales Week's Telephone.....—25 class A__— * _L—• * Columbia British Friday . High Low High Low Par Range Since Jan. 1 Shares Canadian Funds - STOCKS * • Sales for Week of Prices Sale Price 7' < Range Last STOCKS Exchange - Sydney, N. SV_ - Saint John, N. B. - Moncton, N. B. "Vi '«*■* (1807) Volume 43 ■ Number 5271... The Commercial and Financial Chronicle 178 CANADIAN MARKETS RANGE Friday STOCKs Week's Last cms.vc Range of Prices Shares Sale Price Par Consumers Corbys Glass class Class ____— Seagrams Dominion Coal Corsets Dominion Dairies preferred a9% 73 9 9 13 • com 13 Stores Dominion Tar ; Ltd—_ & Dow Brewery Dryden Paper Eddy Paper Electrolux Enamel Jan 31 % July 6% 10 Sep 16% Foundation Co of Canada Co's Gatineau 5%% 14% Jan 7% Sep "18% Oct 9 Apr 19% May 20% Feb 10% Feb Power 100 7^ 71^ 7a/4 1.484 7% Oct 171/4 171/4 i7y4 1,498 15% Jan 18 55 July 57 260 33% Feb 57 Nov 22 22 io'/8 240 9% Sep 71/, .200 7% Nov 8% 21% 20% 121/4 13 preferred Gypsum Lime Alabastlne_. 80 105% 51/4 514 500 34 33% 34% 1,110 59% 59a4 no £15% 100 $1.50 preferred 1,461 a44 100 41 2,374 100 . Bronze 67c Canada Paper International Petroleum Power * Labatt Limited I Bros MacMillan Name Shops___ Ltd Canada class Ltd A 36% Sep 9% Jan Jan 11% July 23 Jan 24 28 Sep 36% Mar Jun • 39 97 Mar 98 May • Feb _ 7% .. Flour Mills preferred; Ontario Steel ; Powell River 4% * Bros Quebec 62 common 100 2,145 100 Shawinigan Series Class A Water 4^ T/r Jan Oct " 29% Sep 17 255 Jan Feb 16 140 Nov Feb Aug 33% 7% May Feb Jan 144 & 1 9% Southern Canada Oct Sep 20% Jan 18% Jan .24 7% * common Preferred 51 75 a36a36% 130 34% Jan 36% Sep __ al5% al5% 51 10 13 Jun 14 % May __ a23% a23% 55 21 Oct 25 % Jan Sep 42 __ a36% 37% 35% 225 47 Paper Corp Ltd Zellerbach David & East Fanny & Jan Ford 44 Nov Foreign ' 26% Jan' 13% Oct 15% 47% Apr 10% Nov 11% 24% Jun 8 5 62% Sep Sep 13 July 30 1,143 31% 384 al50 5 36% ' Jan 36 Feb 78% 29% 145 ^ • 20 • 18 Apr 33 Aug Feb"' 150 Oct Apr 8.00 Fleet Co Co 21% 6 Can Sec preferred Investment London 34% 27, 20 Paner 5% Mica 2,185 27% Foundation 21 Canada 4% red pfd Royal Aug July Jan 22 Jun 33 Feb Apr 63'A & Lt Ltd—4 13 74 12 Jun May Sep 22 Oct 75 Feb common—4 Corp 6% 98 pfd 5 90 Jan 98% 20% 6,050 15 Apr 20% 20 Jan 4.95 . a3.50 __ al4% 25%, 3.80 25 35 a3.50 25 Jun 3.10 July Jan 13% July 163 10 Apr 11 10% 4.90 1,425 3.00 Jan 5.00 8% 1,000 5% Feb 8% Oct 3.00 300 1.20 Feb 3.00 Nov 3,005 28 Co Ltd 10 17% Mar 98 % 54 35 770 38% 2,123 < 98 Apr 99 % 30 % Apr 37% Mar 36 % Jun 43 A Mar 42% Feb 46 July Jan 51 July 20% 33 19 July 22 Jan 140 5 127 Mar 150 20 Jan 25% July 135 20 Feb 25 10 a__ 133, 25% 24" a91' 14% 28 .72 32 100 29% 29% 30 2,229 . 1.796 -12% 275 21 =27% 28 Aug Aug Traders Feb 17 300 50 a9% 29 Pr 67« cum al7% 15 15 15 -200 __ 126 126 2o 29% 30 -*2,320 pfd—100 al7al7% 100 267/s Mar 23% Feb Apr 24% May. 13 % May 18% Jan 1.00 7% Aug 1.05 112% Nov Jun Jan 10 May May 27 - 23 Oct Jan 109 57 4 28s/# Nov a— Oct 10 6 - Feb Oct 27 May 24 17% Sep 14 Jan. 118 Jan Jan 17 Mar 126 28 Nov Jan 34 Aug Sep 32% July Finance class Corp A Warrants Union Gas United Pipe Line Canada Products Western Canada Windsor 29% • 20% Hotel Ltd class Ltd Oct 4 — 5 16 __ 4 __ - 26c 10o 26c Nov 21% 1,875 19 Sep 46% Feb 32 1,235 26 Apr 32 Nov 12 12 4 Manufacturing Co Ltd 30% Mar 20% 32' 4 Breweries Ltd_^ Sep 26c ^ • B 26% 31 % : of Corporations Westeel • 12 100 U% Jun 12% Aug 35 20% Apr 15% Mar 23% a20% - a21 26c Nov Feb 16 16 1 17 Oct 33% 34 175 30 Jan 34 Aug 22 22 1,064 22 May 30 Feb Mar Jan Mining Aconic Stocks— Mining Corp Lead- Anacon Metals Ltd Mining (19371 Red Lake Co Gold 2.30 2.45 6,150 1.37 July 3.35 3.30 3.50 7,300 2.25 10c 9c 10%c 25,500 1 66c Ltd 1 Ltd Iron 2.45 * 1 Corp __L_ Corp Mines Sulphur & Beatrice 1 Mines Sulphur 1 Mines __ 30c EXCHANGE Ltd—_1 5c Belville Gold Mines Ltd 1 33c Bobjo EXCHANGE 1 Mines Bonville EXCHANGE Boreal ST. WEST. MONTREAL PL-9501 Ltd Gold Rare Brilund Mines Metals Bouscadillac Gold Mines Brunhurst Offices. Calllnan Ltd vtc Ltd Flow ST. JOHNS. P.Q. Cassiar Celta Mines—1 & Chibougamau Corp Ltd Mining Co Ltd— Explorers 45c Ltd 1.04 Oct 1,500 11c Nov 25c Feb 2,900 30c Nov 90c Aug 7c Jan 8,000 4c 34c 16,800 30c Oct 84c Feb a32c 200 35c July 39c Jan 4c 17c 19c 2.65 2.75 8,20o 7c 5%c 7c 11,500 3%c 2.00 2.00 300 1.60 Sep 20%c 21c 9,00o 15c 3,500 1.10 Jan 6,000 20c 20c 21c Ltd—1 — 3.30 3.30 20o 70c 53c 77c 70,715 7.05 12c 7.05 14c 65c 67c 4 4 4 1 , — 13%c — Feb 5c 30c a32c 17c — Apr 11c 35c 2.75 — May 11c • Mines Asbestos Dev 48,400 Nov 5.70 July 20c 30c 4 1 Carnegie Mines Ltd Chibougamau 80c 2.45 Apr Oct 1 1 Ltd Campbell __ 66c 8c 1 Ltd Mines Flin Ltd Mines TROIS-RIVIERES SHERBROOKE 200 1.05 4 Trans Mountain Oil Woods a__ OfHART STOCK 21% 1.05 29 __ Ltd 375 a9% __• 4 Industries 150 10 24% Jan Aug 47% , 5 common 24% 21% 110% 23 110% 110% 21% 1st pfd_100 a__ 1,465 10 __ cum 2 24% 24% __ 4 a3.50 23% 4 28% a3.50 __ 24% 25 Oct 13% 2.50 28% 4 3.75 100 al4%, 8% 3.00 5 Sep Jan Jan 28 4.85 __ • Feb 10% __ * 1.00 a4.25 25% al4% 10 98 Mar 19% __ L_ 1 com Sangamo Co Ltd 1181 St. Catherine Street West, Montreal 175 68 a4.25 19% 4- _1 Class Russell Athona 47 5 29 98 common—* Ltd Pr Rights Atlas Dage 65% a40c 28 28 4 Quebec Telephone Corp Newfoundland Nov 21 Jan Ltd Power Corp oi Can 67a Mar 50 Branch 15% Mar Feb Mills 15 265 Telephone 300 Apr Feb 40c — Rice 34 44. STOCK 21 85/a 25 23 common 95 10 13% CANADIAN Sep Sep Sep 10 18% 97 27% 276 ST. JAMES 4% 20% 59 Ltd Apr 48 STOCK 100 300 a40c __ • Apr 226 14% TORONTO 5% 21% - 1,520 of Can Ltd Jan 44 MONTREAL Jan 65% Pow Co Ltd 12% 48 SAVARD Jun 77 * (Walter M) Corporation Mount Ascot MEMBERS: 23 Aug ♦ Investment 89 30 27% * Feb Nov 20 65 A Aug 44 • 35% Mar * Power Sep Feb 40 * : l— 25 2.25 26 a24 , Jan 12% Nov 26% Ltd Co Distilleries of Sep 26% Nov common Utilities Mexican Light & Preferred Aug 48 a91 5 42% Sep 12% Jan Apr Sep 31% a74 24 100 ! Nov Nov Sep Apr 20 13%' 133 20 a65 21% . 24% 1,440 5 40% 31% 24 1,591 a21 % a21% 133 28 % 5% Mar Apr July 80c Moore 30 24'A 125 a65 __ 1.15 Mar 27 19 250 12% 28 __ a45 22 % 12% ' 8 % Mar , 38%<;Jan a45 22 % __ 21% 100 Canadian Lowney Co Jan 400 class Corp Goodyear Tire & Rubber Lakes Oct 1,000 ' Interprovincial Oct 25 Jan 136 a 7% 80c 25 1.15 Jan 14 20% 10 25 Aug 93 38% 33 qoi 1.15 52 33 38% 550 80c 4,562 __ 45 14 , 8.00 Sep 25 Oct 93 34% 7% Jun 9.00 3.75 Jan 1.15 Mar 441 Feb 4 Ltd 27 73 Aug 42 2.50 Mar 4,729 4 48 32% 98'A 910 1 A 65% 35%" , 3.25 4 Shops 95 Jun Jan 4.05 May Feb Jan 31% 100 24'A 24 35 3.25 40'A 12% ^ 25 - a50 Feb 5% 15 Jan 32 a80c __ pfd 1,980 68 %: Jan 20 of Power 75 20 30% * — class Manufacturing Motor 3,40 36 % a6% 094 , __ * 33%% 68 Nov 2.75 2.75 • Minnesota & Ontario Paper Co__^ Montreal Island Power Co— a50 31 'A . 75 Sep 36% Feb 27% Mar Sep 3.60 a67/a __ Jan Jun 1,070 63% 32 12% - 39% 50 preferred Jan 600 26% 20 _'_100 150 40 Linoleum Candy Grain 10% 125 30% 35 —• 303 31% : Steel Products Farmer 38 12' : al50 a 1,206 3.95 12% * Frere Limitee Kootenay Power 77c Oct 46 8 __ 5 Corp class A Dominion Engineering Works Dominion Magnesium Oct 10%■ a22 ' 37% 3.95 12% __ # Consolidated May 23% Oct 1,075 13%: a32% a32%' /_—____* 5% ;-pfd— see Ltd Consolidated Bakeries of. Canada * Consolidated Div Standard Sec cl A—" Arnora footnotes " common Alcohols Jan 18% 35 63 « 100 Enterprises Commercial Oilcloth 15% 150 26 1 class A—14 Preferred Combined Federal 10 com_"___* Steel Co of Canada common Fnr * common u Structural 200 44 13% ——100. QUEBEC * ■_, Dominion ' — Co Ltd B Dominion 1,400 24 a24 50 —T— Simpsons 8outham 53 % 14 Advertising Class Feb 18% 8,622 __ 50 Canada common Sons Feb * Lumber Co 14% Sep f9 Mar Apr 18% a74 common.4 Power trust ctfs— (H) 50 * July 18% Jan 28% 45 50 1,255 13% . pfd—_——100 preferred Breweries Voting Simon of May Investments Western Eastern Steel 24 a21% * '• preferred Sherwiri Williams Sicks* & 18 450 Jan 26 93. common——• preferred 4 % 7c B Jan Feb 29% 12% 225* a9. 47 32% . —* 4%% 16 Jan 85 18 Canadian Crown 28%" 13'/2. —!—-100 —— Corp 170 al7% 18 32% 8% — • Power Nov al7al7% * Jan 49% Mar Nov •'* 14% 12 24 * Paper common Lawrence 38 class A Industries Southern Canada St Nov Jun 13% Oct 7% 35 ;—• 4 preferred Saguenay 38 85% 50 Apr Jun 15 __ _* Transport Royalite Oil Co 97% 47 72 3.75 28 41% * 33 !_—* Power Rolland 47c Ltd Co Sep 100 38 13% 24% a7% — 1! Company preferred Provincial 45 49% 38 3.45 Nov 13% 20 —* :__—: of Canada———i& 90 49% 38 13 % Jan 30 63'A —T——* common Power Corp 90 49% Jan Jan Mar 3.75 29% Mar al4 26% ♦, Placer Development.— Price 12 __ Products. Tubes' Page-Hersey Penmans Sep 13% . , 7 70% 56 21% 18% — 2,890 9% 10% 46'A v;' ' ' 8 31% 8% * Canadian Silk Products Corp Great —_j,——100 8% High 25 Oct Jun 850 12, —• common - 8% ■_* B Canadian Marconi Co Melchers Ogilvie Apr Low July Oct 25% —' Oct 7 Catelli Food Products class A Claude Neon General Sep 37 Vr 1,110 —' • 21 4,755 8 47% 29 — ;—4 1 Ltd—. 785 8% 57 •18% 27% 47 ____4 23 % 7% 75 27o 270 28'A : 23% __ 2,600 1,930 84% 1834 ' High 62 6,253 a7% — 2—5 Niagara Wire Weaving Mines Canadian Range Since Jan. 1 Low Ltd General Shares 10% 39 a8% 44 _5 corn. : National Steel Car_________ Noranda Canadian for Week 10% 56 20%" 142% 142%f 25% Par Malting Co Ltd Vinegars Sales Range 61% Apr al7 al7% " Week's of Prices Last 62 Mar 14% , . 10% 40 ; Exchange Funds • : 7 f —, - Canadian Westinghouse Company Ltd_* 18 8% . .4- . Drug & Preferred May 23 July Mar . 40 * Chemical ■ National July 36 36% Mar Oct - Mar 18% =—• 4 _ 32 Jan Sugar Canada Packers Ltd 36% 28 % __ Dominion Feb 29% 27% 18% —" Telegraph Nov Jan 31% <■ class Feb 16 ■ Ltd 12% 33 __ * Locomotive Montreal 26 28% 715 preferred Co & $1.40 Montreal - 27% al3% —__4 * Breweries 2nd & 53 5 al7 * — Ou_ (Robt). Jan 593 common Oct changed to Mitchell 2,032 36 1st preferred Oct 6.95 56 • 3 ___ Mar 32 Pulp & Paper Development Co Company conv Canada 350 38 . Froutenac Mar 42 26 i . May 950 21 4 priority—- Oct 42 May 35% Friday 46 Apr Jan 34 20% ' r * Massey-Harris-Ferguson McColl Molson 17 210 14% —* Export class B__ Corp Massey-Harris 36 39 25% Sale Price Burns 38 54% 29 \ f • Ltd Mailman 31 Jan 38% May 30% STOCKS 19% Aug 20 Aug 36 27% , . Lewis Apr al7%' ; __ Candy Mar 26 1 36 Lake Secord 23 29 % Mar 32 $5 a'l7% of the Woods common V. 28% 7% preferred ; ______100 142% Lang & Sons Ltd (John A)„+ Laura Jan Jan 18% 25 35% Brown 350 82 4 — Feb 7% May 10 Oct 39 5,660 38 5 com (John) 75 Mar 48% 33 *■ ._2 * 828 41 Jan 20 Mar 6 703 41% 41 8% a96 5 Ltd 36 40% __ 5 1 55% Corp com ■» 35% 40% ♦ 37% 20% Lines Public Service 35% Anglo-Nfld Feb 36 2,145 ' .» 41 85 Jan 23 % __ 25 Pipe a7% 560 103 32 %. al7% • . a7 21'A Anglo-Canadian a96 __ .__7.50 4 Jan 28% Jan 31% . 37% 25 Ltd 4. 23% ; __ 33 _100 common International Utilities Jamaica Apr 42% 1,204 10% - pfd Co 283A 10% * common International 28'A ,__ 40 Intercolonial Coal common.! 18% 21 17 14% Mar >■ 20 40 10% 30 preferred Preferred 99% 363 17% 7.00/7.00 _______100 $2.00 Interprovincial 10 a44 28% common-4 * 25 Canadian Stock Canada Corp 19% 6.75 10 — 67% Mar 32% . * _____ Acceptance preferred Sep 21% 10 Royal $3.00 Imperial Tobacco of Canada common-5 47c preferred t .25 International Sep Sep 15 47% ________ or Canadienne Commerce Oct 54 % 122 35 41 Industrial Aug 4.25 28% 6.00 July 100 a44 Ltd 50 500 28%. 45 % Mar 48% _____50 (Nickel 111 Jan July 35%" 17% International Jan 4.95 31 100 . 100 19% $5.00 - 48% 20 Oil Mar 565 5.00 22 V* Mar Apr 35% 17% Imperial lull 100 ■ Bay Mining & Smeltlng_;.____* Oil 1 Husky 110 al5% al5% • ____; 16 48% 19% Canadian * preferred 15 Jan "20% ___4 $2.00 Jan 12% July 43% Jan 4.90 19% 10 Jan 17% 400 50 __— Hudson 11% 125 Jan 13% July 2,390 21 5 ; common 625 Feb 12% 14% 15% .____4 common 23 Jun 15 ___100 Hamilton Bridge Smith Paper 11 21 100 pfd inc 1927 Howard 18 935 1 21 _____4 — & 1.227 Mar 15% 3 Wares 21 • 1 Steel Scotia Toronto Aug 20 13 100 0 ; 13 ' Montreal Nova Sep Jan 48'A 4.90- __25 2.80 135 12% 10 ; Sep Feb 13 10 preferred 23% 12% __ common 125 High Jan Jan Oct 20% „• common Ltd Goodyear Tire 4% , 5,395 20 1 __ ___ Motors General R3« 71/2 Dynamics General Jan i0i/8 common Bakeries General Nov * common preferred General ,,.5% Ltd Low Aug May 14% Aug 70 77/« '■* 5 48% • ; Banks— 100 135 13 * Sep 1 Heating Products Players Canadian Corp Fraser Zellers Limited Lt<? 30 al8al8% 135 # 20 Corp & Famous Wilsils Winnipeg ^Central Gas 15 __ pfd Oct Sep 20 • • A 5% 14% 3,775 8% 2.00 __ 14 Feb a31 ■% - 13% 2,800 135 * - Aug 14 12% a?T ny/ . 985 2.56 • Leaseholds Mar 12 23% 2.52 '« ; Gooderham & Works 57 » Co class Walker Western 247 __ Ltd Jan Aug 70 •__ 23% 2.55 100 1 Cotton 65 23% Dominion Textile common 13 13% Aug 12% Mar" 4% Wabasso 70 * common preferred High 23'% • Tuckett Tobacco 7% United Steel Corp Range Skiee Jan. 1 Low • Oils 13% * Chemical Preferred Jan Ltd Shares Nov 84 Triad 430 4 ... 28% Stores 141/. . Coal for Week of Prices Par Thrift 141/. 20 & Oct Oct 8% 8 • Steel Dominion 10 % Jan 18 al4 Oct 69% 125 al4 July 24% . 350 a4 60 10% Jan 197 9 • Dominion Jun 8,835 741/ 25 Sales Range Sale Price ? High Feb Week's Last - 141/4 4 preferred 28s/8 43 ZI 35 21% 20 34 go 4 — Low a9% 27% 74 __4 __ 6 Friday 1,075 28% common Dumimun Foundries & Steel Dominion Glass common 7% 10 g3/4 __ 2 preferred NOVEMBER STOCKS 175 • 67c Dominion 5% 24% 25 Bridge Dominion ENDED Rarage Since Jan. 1 High 24 % ga4 ♦ r— Distillers Low 24% 4 B WEEK , • A FOR for Week Sales ,^00 53,500 1,200 4%c 2.15 Jan Apr 4.00 Mar Oct 22c ' Feb 2.08 Aug Oct 46c Apr 17%c Oct 21c Nov 2.30 Jan 4.50 Mar Apr 1.50 50c Feb 9.40 Mar 6.00 Sep 6%c Jan 21c 60c Sep 1.35 Sep Jan 44 The Commercial and Financial Chronicle (1808) Monday, November 9, 1958 ... CANADIAN MARKETS RANGE Canadian Stock Exchange Cobalt Cons Mining — — .— — Consolidated Candego Mines Ltd Consolidated Golden Arrow Low 500 9c __ 1.50 300 16c 2,100 65c 500 50c 1.40 Jan 1.75 July Oct 38c Oct 6 VaC Phillips Oil lor Week Shares Low -—1 Range Since Jan. 1 High 9-00 91c 1.10 a55c Low O 9.00 — 6.90 High Mar 13 Sep OO 80c Sep 2.25 Feb a60c 400 47c Sep 1.68 Jan 95c 95c 1,000 95c Nov 1.82 34c 33Vac 34c 11,900 23c Sep 1 1.01 87c 1.03 451,088 82c Oct 1.03 1 90c 86c 90c 10,755 64c Sep 1.70 May • 70c 1 91c 1 „ 1 Co 95c r—< O Jan 7434c Oct Ltd Pacific Petroleums Sales Range Par High Sep Week's of Prices Last \ Sale Price 14c Apr 12c 65c 1.48 1 — _ 9c 6 Range Since Jan. 1 High 1.48 1 — NOVEMBER STOCKS 16c 1 ENDED Friday Shares 9c — .-. - WEEK for Week Low Par Ltd Mines Range Sale Price FOR Sales of Prices Last stocks Citra-Lartic Week's Friday (Cont.) Feb Quebec Oils Development ' Cortez 3 Vac — 3,000 8 Va C 2,000 15% 1 Co 3 Vac 8c 1 Ltd—. Explorations Cournor Mining 15% 210 1V2C Oct 6c 15V2C Mar Sep Stanwell Dominion Donalda 0 Ltd.. Mines Ltd 1 East Sullivan Mines Ltd 68c 44,600 58 Vac 58 %c 62c 10,000 4.25 4.25 4.35 425 1.47 1.57 8,000 _ — Eastern Metals Corp 30c 1 1 Ltd— Mines Asbestos Mines .. Ltd 1 _ — Nov 15% 30c 4.10 Trican Tri-'ior 6.70 Oct Jan Jun Jan 2.40 Mar Feb Fab Metal 1 Mines Iron Mines God's Lake Goldale Gold Mines 3,500 50c Sep 1.53 500 3c Jun 7c Oct 1.64 May 4.90 700 4.35 Sep 9.25 Co—-. Oil Westburne — Homestead Oils Ltd —10c Ltd Oils Territories 70c 70c 5,600 65c Oct 79c 79c 17,000 59c Sep 2IV2C 22c DUO 21 Vac Nov 44c 44c 1,000 35Vac Sep „ _lc — _1 — 900 8.00 Sep IIV4 98c 800 79c Apr 33c 34c 6,000 33c Nov 51c 1 9.35 9.35 500 3.95 Jan 13'/a Gold Hollinger Mines Gold Cons 16c 17c 1,500 15c Sep 19c Sep 13 Hudson-Rand Gold - . Mines Mines 13% l,39o 11 Va Oct 15% ll'/ac 11 Vac 1,275 11c Sep 18c Ltd——_ Jan Jan -r'«- - Ltd.. Ltd -1 _ Toronto Stock 1.29 Mar May Iso Mining & Dev Uranium Co _ — 1.95 —1 Mines. Mines Jardun Mines 40 %c Ltd 2.10 2,900 48c Jan 5.20 Apr 45c 40'4 c 18,600 30c Sep 1.85 Feb 9c Aug 24c Feb 14c Sep 50c May Oct 43c Nov Oct 12c Jan voting Lead Zinc & 14c 12,805 20c 20c 8,100 43c 43c 500 1 6 '/a c 1 1 trust Ltd Kayrand Ming Devi Co Ltd Kenmayo Yukon Mines Ltd Kontiki 13c 1 1 1 1 Ltd Mines Mines—. — 26 VaC Va c 6,000 5)/aC 6c 2,500 4 Vac 47c 48c 4,000 47c 7 6c Oct Jan 14c Oct 48c Oct | Mining Lalayette Asbeslos Landover & Explor Mines Co 8.10 1 Oils Lavalie Mines Ltd 17c 1 Lingside Copper Mining Co Louvicourt Goldfields Ltd Ltd 17,800 15c 25c 32c 20c 69,500 5'/2C 1 8.10 20c 1 Ltd 11c 58,500 100 6.15 Sep 10% 12c Sep 70c Jan 15c Nov 45c Aug 5c Oct 12c Jan 4c 4c 4»/4c 5,000 3Vac 16c 14c 17c 3,500 12c 69c 1 69c Feb 9VaC Feb 25c Sep Sep Par & Power Mackeno 1 Ltd Mines Marbenor Ltd... Mines Malartic Mines 69c Nov New New-Delhi Uranium Mines Voting 1.10 * Jan 5 V4% 2nd 54 53% 54 325 51 Va Sep 69'/a Jan 10% 11% 350 10 Oct 14% Jan American 1 500 23c Oct 41c Mar 1,000 4c Aug 8c 2.30 2.38 1,200 Oct 4.45 Apr 1 68c 68c 1,000 Sep 1.30 Feb Anglo-Canadian 1.50 1.68 Nov Jan Feb Apex 54c Aug 10c July 36c 22c July 54c 2.14 2.01 2.20 63,190 65c Jun 22c 22c 1,000 20c Sep 6 %c 6 Vic 6 %c 14,385 Mines. 1 . Oils ♦ Ltd 50c 20 Vac 1 —. Mining Corp 17c 20'/a c 2.70 * Mines Nudulaina 2.70 1 Mines Obalski (1945) Ontraio Pyrites Cons 18c 3,000 14c 69c 6,500 60c 14c 20c 5,500 14c 1.10 1.10 1,000 1.20 1.22 650 Ltd.. « Preston Dredging Prime East 1.10 Mines Dome Quebec Yellowknife Gold Mines Quemont Mining Corp Standard 1,000 5c Jan 1.84 Jun Steeloy Mining 9Vac 1,500 82c 4,500 65c July 12c 1,000 12c Sep 18c 21c 20,100 4 VaC 2,500 3 V2c 200 15% 95c 1.10 20,500 1.53 1.53 800 10c 12c 6,500 __ 1.38 Oct 7c Jan 25c Oct Jan 7c 22 Amurex Oils Jan 1.45 May ■ Feb 3.40 t 20c Sep Mar 4.60 2,500 53c 60c 24,050 40c May 63c Jan 31c 32c 3,308 30c Oct 50c Mar 7c 7c 1,000 7c Apr 14c 7V2C July 16c Feb ... «... 11c 11c 14c 143,500 6.80 6.50 6.95 2,400 1 20c 20c 22c 3,000 Mines 2.01 2.10 600 1 10c 10c 10 VaC 8,100 • 18c 17c 19 Vac 81,800 Ltd 3.80 Aug 5.80 20c 9.70 Oct 47c Nov 2.00 Jan 5.80 2.99 Oct 8c 12V4C 39c Sep 1.10 Oct 1 17 %c 15c 19c 23,715 6c l 1.29 1.18 1.30 6,400 80c Trebor Mines Ltd Sep 1 20c 22,000 10c Sep 46c Nov 38c United Asbestos * ; Corp Ltd 15c 36c 1 35c 38c 36,415 Mines _ Weeden Pyrite & Copper Wendell Mineral Products Ltd Western Tungsten 2.55 3.75 5,500 1.00 94c 1.07 103,445 * Ltd Violamac 2.65 1 United Montauban Mines Ventures 1.35 Sep 2.80 Feb 2.25 2.20 2.40 2,600 1.45 2.40 Nov 2.25 Jan 2.05 2.05 100 28c 32c 2,360 35 36'/a 920 47 Va 47 48 4% 23% 23% 1st pfd_25 100 Oct 1.45 Oct Jun 28c Jan 43c Jan 49 V2 ■ Jan 31 Oct 2,b33 41% Apr 53 Va 140 21% Apr 24 Jan May 104 Va July 103 Va 103Va 104 17c 17c 500 15c Oct • 28c 24 % c 28c 11,300 21c Sep 54c Jan 50c 85c 83c 85c 4,700 60c Jun 99c Aug 23c 23c 10.800 16c Sep 40c Jan 13% 13% 9.15 Mar 20 ' Apr ,v 2.26 Apr 5V2C Sen 21c —1 Ltd 1 16 % 15% 16'/4 2.25 2.35 1 1 class A 1 — Lead 100 % May 281 Corp 13Va 13 Va 110 29c 4,500 Jan 30c 8.25 Jan Jun 14 V4 Aug 27 Vac 30c 2,000 12c 13c 12,104 10c 4%c 5V2C 4,700 4c 24c 22c 26c 33,300 1.00 1.00 300 23c 25 Vac 9c 1.00 23c * 11% 11% 12 100 83 Va 83 Va 83 Va 65 9c 10%C 24,000 common— 1 — 1 22c 11,600 9 645 78 8c 6V2C 215,100 15 Va 125 8 Vac 8V2C 11c 81,800 -14% 14% 14% 2,515 12% 1 19c 18c 20c 3,000 11c 19c B 10 Steels — 18c 70c 1 class (1937) Yellowknife 10,200 79c 15% • Mines 19c 65c 15 Va 1 Corp Hardware Aug Jan 35c 30c 35c Apr , Jan Jun 30c Oct 1.65 Jan Feb Nov Nov 4.80 Mar 60c Oct 1.07 600 13% Sep 24% Jan 4,800 1.38 Jan 3.25 Apr 2.55 37c 86,000 26c Sep 1 21c 20c 27c 14,600 20c Oct Copper Mines Ltd—1 1:09 1.05 1.14 9,800 1.00 Oct Nov 66%c Mar 43c 4.40 Jan Jan Sep 12 Va 1.00 1 " 5.70 July 4.75 5c common Metals Atlas 7,835.. 29c Armistice Atlas 8c 5.50 12 Vac Preferred Athona - 7c 5.40 13 Va Arjon Gold Ashdown 9,600 7c 1 Argus Corp Ascot 3.45 700* 5.50 _ Aquarius Porcupine Argan 3.30 3.40 Oil Cons Resources Oct 80c Jun 30c Jan Sep 10c Feb 42c Aug Jan 1.25 Oct Oct 85 May 16c Jan Jan 30c Jan Aug 1.06 Oct Oct 8c Feb 12% Oct 40c Oct Jan 55c Sep 15 Feb 19 Feb Oct 23% Jan Feb 26c Jun Atlin-Rulfner 1 12c 12c 15c 44.880 7c Jun 25c Oct 1 6%c 6c 7c 36,500 6c Sep 11c Jun 1 26 Vac 24c Apr 1 12c Mines Aumacho Auto Electric Class common 30c 47.064 10c Sep 61c 13c 13,600 10 'Ac Oct 25c 2.40 2.40 200 2.05 Sep 3.10 Jan 6 Mines Gold 11 VaC 1 River Aumaque Aunor 8 8 Vs 180 7% Aug 9% Apr 7'/2 Oct 9% Apr Va 50 13 %c 13c 14c 24,650 9V2c Oct 61c Apr 1 17c 17c 20c 16,500 12c Sep 42c Feb 1 3.10 3.10 3.25 2,520 2.95 Sep 5.80 50c 2.00 2.00 2.05 2,400 1.76 Sep 3.00 July 6V2C 6 VaC 2,900 " j Mines Ltd Bagamac Mines Bailey Selburn Oil & Gas class A Oil Bankfield Bank of Consolidated 8 8'/a 1 , 1 6%c 12c Oct Barnat Barvue 10 Co Metals Baska 1,130 31 "A Jan 36 Oct 41V2 737 38 Oct 42 Mar 2.25 2.25 2.25 158 1.80 Jan- 2.50 1.12 1.17 3,700 1.05 Jan 1.55 Apr 1.80 1.75 1.90 3,970 1.55 Oct 4.20 Jan 1.43 1.40 1.43 2,100 1.30 Jan 1.63 Sep _ Ltd— _ 1 _ « Ltd _ Ltd Power 15c 16 %c 14,100 14c Sep 43c 43c 48c 23,400 31c Sep 18 Vac 18c 20c 6,400 17c Sep 49c Jan Oct 45 Jan 49c Jan « _ class * A 9.950 19c 1 80c 7,000 60c —25 39 38% 39 Vs 15.775 18c 19c 5,500 15c Sep 3.2d 4.75 7,260 2.40 Jun 55C 55c 3,300 40c Oct 31c 35c 13,900 30c Sep He 12c 5.700 7%c Oct 30c 6 Vac 6c 7 VaC 17.200 5 VaC Sep 14c Jan 32 Vac 32c 36c 18,600 19c Jan 57C Mar 17c 19 VaC 62,200 2%c Quebec Beta Gamma Bevcourt Blbis _ 1 __ 1 _ Mines J Bidgood Kirkland Bobjo 4.25 Mines Gold Yukon 31 20c 85c Mines Mines Belleterre 265~ 19c 80c 1 Lodge Uranium Telephone Bellekeno 40 40 1.10 May 19 VBC Beattie-Duquesne Beaver Bell 32c 1 - 12c __ Mines 35 r. Sep Sep - Sep 2.10 40 72c 4.75 72c 1.00 Gold _ _ _______ — 1 19C Jan Antone Co Petroleums Ltd • Ltd 1 Bailey Selburn Oils & Gas class A Calgary & Edmonton Corp Canada Oils Canada Southern Canadian Central Lands Leduc _» Oils Oils 5.50 9.80 30c 22,200 3.15 — 500 27 Vac 29c 5.50 3.25 500 3.05 8.10 Ltd 9.80 9.80 300 • 3.25 3.40 400 —_l Ltd Oils Admiral 1 5.50 8.40 8.40 100 35c 37c 1,000 1.85 1.86 * Ltd_ — * __ 1,800 4.80 24c 2.40 6.00 25c 1.45 Oct 8.15 Jan Sep 80c Jan Sep 5.90 13% 1 1 9 %c Bralorne • 10,200 52,500 7%c 3.00 1.00 8 VaC 5.10 95c Sep 4.25 Jan Jan 1 35c 37c 2.000 30c Sep 96c Mine Brlasaman __ _ Petroleums 1 3.15 3.15 3.25 325 1.25 1.25 1.25 200 47c" 48c 4,600 39c July 80c Jan • 1.60 1.60 1.70 1,000 50c 50c 700 4.00 4.00 200 Gairdner S Jan 48c Del Rio Producers Empire Oils' Federated Gaspe Oil & Ltd Minerals—— Petroleums Ltd Ventures Ltd : 1 — • 93c 95c 1,200 75c 20c 19c 20%c 3,500 15c 7.75 Jasper Oil Corp National Ltd Petroleums Corp New Continental Oil Co see page 47. r-*— ' 1,875 3.45 4,400 26c -- 7.85 3.35 3.40 ... Por footnotes 3.40 95c 1 Home Oil Co Ltd Oils 45c Sep Oct Sep 26c 4,500 1.78 1.80 ~~ "1.200 80c 81c-' 9,600 Oct Oct 3.70 Apr Jan 1.18 Feb 1.90 Jan Gompanij Inc. Street, New York 5, N. Y. Jan 7.50 40 Wall — WHitehall 4-5335 Jan Canadian Gairdner & Company Limited 6.00 Sep 3.10 23c Jan July 13.25 Jan Sep 3.70 Sep Sep 55c Jan .1.75 Jan 74c. 2.55 Affiliates Gairdner, Son&Company Sep 2.99 Jan 1.52 Jan Association of Canada Members: The Toronto Stock Exchange Investment Bankers Association Montreal Stock Exchange Canadian Stock Exchange Members: The Investment Dealers' Wire system to all offices Feb Sep Sep Jan 25c Jan 5.25 of America Gateway Oils Ltd Jet 1.20 Sep Jan 1.08 18c Jan Sep 1 — Sep 12% Mar Consolidated Allenbee Oil & Gas__ Oils Sep Jan Oct Sep Consolidated Cordasun 8c 10c 8%C 10% C 10c Boymar Jan Sep Jan Nov 20c ' Bordulac Oil Feb Jun Jan Stocks— Anglo-Canadian Feb 16 %c • . Mines Bathurst 43c Oct * Mining Uranium Petroleums Bata 36 41 1.15 _ 36 « Traction 36 4lV2 Mines Mines Barymin Jan Jan 10 Montreal Bank of Nova Scotia Barcelona Feb 1 A Bonville Oil Apr Apr 27c Oct Aubelle Base Tiblemont Goldfields Ltd Ltd Feb J Tobrit Silver Mines Mines Sep 1.09 Feb 4.55 Tazin Uddlen 1.65 Mar 75c Petroleums Banff 31c __ Anchor Avillabona Nov 95c Jan 55 Vac Tache Lake Mines Ltd Mines 1.54 Oct 1.09 Feb 21c Sep 16% May 21c Jan 4'/4C -1 Cons 8c 16% Ltd. Sudbury Contact Mines Ltd Sullivan 8c Oct 3.90 Aug 8Vac Oct 81c * Ltd... Corp 3.05 12c 1 (1944) Mines Gold 3.90 1,000 20c May Jan 2.70 1 Mines Mines 25c Feb 2.65 9V4C Jan Jan 3.50 81c Jan 1.03 May 2.00 6 Vac .1 Gold 4.20 77c 2.15 .1 Royran Gold Fields Ltd. 20VaC Nov Oct 3.35 1 Siscoe Oct 1,100 10,300 32c Area Mines Sep 1 Mines Mar Sep 1.00 95c 6 Vac 1,602 Feb 18c Aug a 1 ; 66c Oct 1 Ltd Quebec Chibougamau Gold Fields 1 Quebec Copper Corp l Quebec Labrador Development ...1 Quebec Smelting & Refining Ltd 1 Stadacona 400 18c ___l Ltd Gold Porcupine 2.75 2.90 9%c July 2.50 Jun 65c Opemiska Copper Mines (Quebec) Ltd.l Pato 34,600 1.68 Oct 6c 1 Ltd Co 80c 91c 1.25 Ankeno Mines l 1.25 60c 6,000 Nubar 6,300 89c 1.19 Anglo-Huronian Anglo Rouyn Mines Feb Jun Jan Ltd.-l Feb 10 8V4 May 89c 36 Va Yellowknife 28c 2,000 Ltd 1.04 Feb. 27c " 110 _1 Petroleums 4%c 8,900 Normetal Leduc 28c 11c Mines 95c Aug Sep 13c 48c 1.24 * Amalgamated Larder 4%c a25c Nocana 9 102 1 American Nepheline • 9 18 Va Mar + Oct 13c • preferred- American Feb 7% Mar Jan 1,125 9 98c 16 Va 97 10 20,525 17c 17 Vic 17 %c 99 15c High Oct 6 235 99 14c «... 15c • Jan 11c & I8V4 Ltd Aluminium Sep a24c Mines 18 18 Low • 42c Ltd Coal 1,350 * 35c Nov 1 Santiago 6% Cons Sep 1 Pacific 6% Algoma Steei 33c Goldvue New 6% trust Pacific Alberta 27c Fonnaque Mines Ltd New Feb • Distillers common Alberta 1,000 New "U" Island 26 Va Jan New New Larder Oct Knife 11,000 : Mines 22Va Petroleums 33c Ltd— Ltd 1,735 * Yellow 5 Mines 25% common 1 Mines Oct 25% " 35c Ltd Bine Calumet 15 Va 25% Ajax Petroleums Anacon Nesbitt La Apr 20 Oil 33c Mining Corp of Canada Ltd Mogador Mines Ltd Monpas 1,000 12 V, * Akaitcho Range Since Jan. 1 5,155 1 Agnew-Surpass Shares 15'/a 100 & for Week High A Gas Acme Sales Range 12 % Preferred 30c Mclntyre-Porcupine Mines Ltd Jan Low Acadia-Uranium 30c 1 ' 1.10 15 % $1.50 preferred Acadia-Atlantic common —1 J. Mines Jun common—_• Paper Aluminum Co of Canada hfaedonald Week's of Prices Sale Price Albermont Labrador Jan Exchange Last STOCKS Class Jaculet Joliet-Quebec Jan 1.65 Canadian Funds Abltihi Inspiration 90c 32c Feb 1 Petroleums Jan 98c Wilrich Friday Harricana Nov Feb 8.80 1 - Jan Jan 29c 8.60 Ltd— Gunner Gold Mines Ltd Feb 87c Apr 3c 4.80 —— — 6,800 63c 4.80 _ * Mines 39c 8.60 # Mines Gold ■ 1 ..... • Yellowknige 32c 60c 3c • (1945) Frobisher Limited Giant 39c • ■ Fenimore 0 • Ltd Oils Western West Fontana Mines Oil Petrol-Chemical 4.20 1.02 Sep 1.05 . 22% Mar Nov 47c Gas & Grass Sweet Dome Oil Number 5271... The Commercial and Financial Chronicle Volume 178 (1809) CANADIAN MARKETS RANGE Friday STOCKS Week's Last Range Sale Price Par Brazilian Traction ordinary... 100 Preferred Brewls Red Brllund Power Reef Class 14c 25,600 1.90 3.00 54,100 3.70 3.50 4.25 9,190 19 18% 19 5,895 Jan Consolidated Peak Jan Consolidated Sep Quebec 31 76 Feb 81 87 Jan 95% Aug 50% July 57/a May Consolidated 49 49 185 * 5% 514 51/3 3,835 com)..* 17% 17% 18'A 2,892 41c 40c 45c 19,000 2.17 2.20 7,150 Products (new 1 1 2.19 12 11% 12 5.00 4.50 5.00 2,350 isc 17c 22c 93,650 12c * Ltd 13c 7,500 15% 19%c 16.550 1 1 Mining 1 Smelting 16c 1 Buffadison Gold Ankerite 7%c 1 Canadian * 183 480 15 47 Jan 4.60 Apr 17% Oct 18% Oct 32c Sep 1.40 2.10 Sep 3.25 Feb 11% Oct 4.50 • 9'Ac Sep 21c Apr May 15c Sep 93c 13% Nov 23% Nov 63c 1,762 50 %c Jan 13'Ac 23c 58,300 8%c 91,270 36% 435 10 %c 10%c Hill 12c 15,500 15c B 0 40 3,000 50 50 20 36 __ 19% 50 • * 16c 19% __ Burlington Steel Calder Bousquet Calgary & Edmonton Corby Calmont Feb 15c 1.05 Feb Oct 35c Calvan Cons 40 297 34 Jan Nov 10%c 34c 7%c Jan 17% 25c 30 Jan 40,800 7%c 445 7.50 Sep Jun 14% 22c 124,925 15c Jun 2,860 99c Sep 2.12 30c 28c 32c 4,200 3.90 4.05 2,360 3.05 1 7.60 20c 2,500 Malting Canada Northern 7.70 1,100 2.90 600 398 72 28% 28 28% 140 19 19 19 % 1,275 Jan 2.90 80 19' Canada Oil * _ 7.00 Jan Oct 3.50 26% 'Permanent Southern class ft B ... Mines Mortgage Del Rio Detta Feb 10 July 3.40 1,700 2.40 Oct & Cable class 5.05 Oils— Feb 335 8.85 2.00 79 50 50 67 67 67 150 34c 36c 7,100 4.10 4.10 4.10 1,750 Bakeries • — • Canadian e 12 ___10 class $1.00 A ._ _ 31'A preferred 1,600' 49 58 Canadian Decaila & Devonian Ltd General 5.35 Sep 1.25 20%c 20%c 23c 5,350 20c 9% 9% 10% 480 8 Jun __ 8% 8% 25 8 Jan Jun Sep * 12% Western* 1 Dominion Scottish Dominion Steel 30c 500 30c July 1,000 7c Oct 9c 9c 9%c 3,600 8c Sep 15c Feb 33c 33c 4,200 31c May 50c Sep 30% 31% 3.682 Sep 45c 61 61 12 ' Nov 76 9c 10c 1,500 8c Sep 1,500 10c __ 11c 61 Tar Malartic Oil _ _ Coal 11 Jan 19c 16% 190 12'A Apr 16% 80c 2,500 70c Sep 21c 24c 11,000 20c Oct 1.60 1.69 6,850 18c 11,700 1.64 17c 17c 2.45 1.95 2.45 Oct 1.15 24 28% Cos 4.50 4.70 15 1 —_ Oil Dragon Duvex Oils Oils 15% 30% 30% 675 Nov 4.25 Oct 7.75 Mar Nov 22% Mar Nov 27'A Apr 5'A 5'A 5'A 50 14'A 14% 2,105 12 12% 1,360 46 46 50 43% Jan 11% 12 1,170 10% 18 18 % 1,470 14 __ — - * 18'A common...* 4% Gas Pacific — • common Malartic — Eastern 8% 1,750 20'A 25 7% 325 52c 62c 193,030 65 Oct 84 95c Feb 2.85 725 11 Jun 14 Economic July Jun 33 23% 24 27 20 20 2,650 65 16% 24 Sep Jan 19 7% Oct 9 Apr Sep Jan 7% Sep 2,100 30c 28c 27c 31c 16,650 25c Oct 61c 84c 309,550 8%c 9c 2,600 1.67 34c — 1 Mines 34c 34c 2.00 55,000 1.02 1.00 1.10 33,300 4.20 4.20 4.45 12,825 1-48 1.42 1.57 74,200 6 21c 2.00 Sep 20% Feb 11 Jan 94c May 96c Jan 58c Feb 89c Oct 7'Ac Sep 12c 1.45 Sep 3.15 Feb 1,400 Mines ! * 5 'A 6 70c July Sep 45c Jan 6.80 Jan 2.45 Mar 4% Sep 5'A June 6% 6 6% 650 10 24% 24% 24% 390 24 20 22% 22 % 22% 200 21 1 43c 40c 43c 4,600 Trust 1.65 Oct Jan 4.10 _______8 Machine Investment Eddy Paper class A Elder El 20% Mar Nov 21 18% Mar 125 31 Nov 34% 8 Sep 14 Jan 2.90 3.00 3.980 2.20 70c 1,566 50c Jun 86c Jan 21c 500 15c Sep 31c Jan 4.10 Sep Glacier Oct Mar 8% Apr 6% Mar 27 % Mar 23'A Feb 47c 9,200 Jan Fargo 49% 355 45 Jun 55 Feb Federal 24 50 22 Jun 25 Mar 6 % — — 19% 6% 60 450 ■ 450 10 17 40c 19 % 515 41c 2,500 5% 416 Jan 8% Jan 5 Oils 12% 460 2.00 1.000 100 100% 40 12 Federal July Federated Jan 15% Mar Sep May 65c Mar 21% — 19 20% 150 19' Mar 30c 32c 37,800 26c Sep 70c 70c 74c 6,500 48c 15% 15% 15% 20'A 21% 1.80 21'A 4,823 • * A. ; * _—r ' 1.70 21'A 20 - 20 — 21'A ___—25C class Sep Sep 1.00 Feb 1.55 Jan 21 1.70 20 25 26 26 365 755 7.739 13 Sep 18 Sep Sep 19% 1.20 1,610 Jan Jan 3.25 May 21% Jan 27 Jan 24 Jan 21% July Mar 15 1,450 237/b 25 13c Nov Oct 19,500 Jan 1 Mines 7'Ac 6%c 8'Ac • Petroleum Iron 5c 3.95 3.85 4.05 7,725 —1 Kirkland Fenimore B warrants 12% Feb 16c Jan July 55c 15c Jan Aug 30c :_—1 Ltd. Grain 23 Oct Mar Sep 5c 1 ... Preferred 450 Oct 35'Ac 78c 22c 25 preferred Ltd... Corp Falconbridge Nickel Players 24 — 13,700 26,400 6c 14,100 11c 45c Famous 42 %c 1.51 7%c 39c Oct Jan 45'Ac Nov 7c 738c 40c 37 c 1 (T H) Mines Eureka Fanny Farmer 42 %c 7c 10'Ac —* Oils Gold Estella Aug 910 1 1 Pen-Rey Sol Estabrooks Jan 31 8% Mines Emerald Jan 46 8% 100 1.05 1.04 1.08 23 % 23 23% 3,554 1.55 1.50 1.60 16,810 7,300 1.30 Oct 2.10 Jan 97 1.02 101 60c 57c 64c 42,200 49c Sep — 20c 22c 6,000 18c Sep 38c Aug 100 3.50 Sep 7.00 Jun * Fibre Products Fleet Manufacturing Ford Motor * common 3.50 3.50 3.50 1-10 1.15 900 65% 13% 1,396 3.10 Sep -• 7.50 Mar 1.54 Apr Sep 1.77 Jun 21% Sep 32% Jan 1.33 Sep 8 Utilities # — _ preferred 100 — 8 125 2.30 Mar 6% July 42 25 2 7'A Mav 25 97 99% —- 99% 15% 17 550 1.60 1.40 1.60 2.250 93c 1.00 1,400 7.00 7.00 7.15 5,897 . Canadian Williston Minerals 8% 45 100% Apr 14 Jan — • Ltd Corp 93c — Explorers Central Leduc Central ______ Porcupine Oil _ - 1 — Sep Jan 1.50 Feb 1 Oil Gaitwip _ — - - • Wines 1.33 * ___>_— Chemical Research 1.90 4.750 1.40 Sep l6'/8C 4,500 15c 9c 1,100 8c 2.15 May _50c 5% General 30c Aug General Motors Feb General Petroleum 16c 16c 700 He Sep 45c Mar 1.40 14,300 95c Sep 2.10 Mar 11 50 Oct 1.27 1.62 201,200 5 %c 5%c 8,000 5c Jan 15c Feb 37c 36c 38c 11,800 23c Jan 83c 62c 1 Gold Citra-Lartic 65c 4,500 1.04 Cobalt Consolidated Mining Corp 53c 1.21 1.35 105,200 1.95 Mar Sep 7%c 8%c 9,500 5c 1.52 1.40 1.55 123,961 Willans 85c 85c 90c 4,400 1.40 Sep 72c 7%c 1 _ 1.26 1 — Class * 16 . _ • 1 _ Colomac Yellowknife 1 Commonwealth Petroleum • Geneva Giant Jan Mines _ 11% 11% 16 12 100 4.40 Mar Jan Lake Goldale 1 Astoria 1 Sep 1.25 85c 14 %C Jan Goldcrest Sep 2.40 Apr Gold 1.50 Jan Sep Oils 1 15 Oct 19 Crest Oil 1,820 9% 1,300 9"aC Oct 17c Mar Goldora 25C Oct 74c Mar Gillies Consolidated Guayana Howey For footnotes see _- page 47 _ 5c 4%c 5c 1,600 lie Feb Goodyear 4.05 4.05 4.05 100 Jan 4.83 Jan Graham 7 7% 155 Jun 12% 1,700 21'A 687 50 100 100 50c 20 % May Feb 18 9.20 120 2.20 Jan Feb May 60c Feb 1.80 Apr Jan 22'A Mar 106 July 102 102 A 110 25 5% 5 A 300 33% 33% 34% 600 31 5 59 58% 60 300 52% Oct 68% Feb 5.10 5.10 5.25 1,013 4.75 Oct 8.50 Jan 5.00 4.95 5.2Q 2,728 46 99 46 99 205 41 Jan 48 10 99 May 104 Jan 8c 10%c 93,600 Jun ll%c Jan Oct 11% Jan __. —100 — 109'A — — — Feb 4.90 Jan July 4.40 Sep 9c 3,125 8.60 8.60 4c 4c 8.80 5c 9,500 97c 95c 98c 64,474 29c 28c 37c ——1 ——— 110 6.00 45 7.50 Oct Jan May Jan Mar Jan 4c Oct 16% Mar Jan 1.55 1.56 1,700 47c 47C 2,174 33c 32c 40C 9,600 9c 9c 7% — 7% 300 50c 2,800 2,100 3.90 7 - 1.41 47c 26 %C 7c Jan 1.80 Nov 80c Oct 1.03 21c Sep 48c 47c 2.24 2.15 2.25 24,175 48c 47c 53c 7,844 5,200 15c 14c 17C 36c 40c 3,000 86C 85c 90C 29,940 7 38c Jun 9% 85c July 1.35 Mar 14c Nov Nov 35'Ac Oct 50c Jun 2.58 80c Goldhawk 18c Mar 53c May 16c Sep 46c Mar Sep 15c Apr Sep 3.75 Jan Oct 2.00 17c 20c 14,300 8c 9c 1,500 1.70 1.60 1.70 5,300 • 48c 48c 50c 5,200 6c 1.50 45c Feb Feb 4%c 3,250 3'Ac — 1 4%c 4'Ac 5c 10,000 3'Ac 4c 4c 98 4c 98 14,600 3c Jan 10 88% Jan 98% May 48'A 75 47 Sep 49 48'A 35c Sep Jun 45c 49,800 1.45 40c 16%C Oct 61'Ac Jan Great 1 Jan Great Jan Great _ A 18c 19c 7,100 19% 20 A 6,563 49% 49% 49% • common __ West Coal class A B West — 40c 6% 6% 6% 6 /4 6% 3 3 • 'l8%c 19% * Felt preferred / 5c ;—* —* Paper preferred — __50 1 Mines Lakes Class * common Bousquet Grandines Jan .'. Preferred Feb ____■. * — * 3 169 25 15 45% Jan Gridoil Jan Gulf July 85c Jan Sep .—90 Freehold Lead - Gypsum Lake Lime 14%c 1 Gunnar Gold Gwillim 5.95 1 Gold & Alabastine 9.10 1 8c • 34'A 5.45 6.00 11c 15%c 9.00 9.50 7%c 34 A 9%c. 36 12c Feb 10c Apr Jun 21 Feb 51 6% July 10'A May Sep Aug Feb 10% Mar 50 6 July 200 3 Nov 5% Jan Sep 8.45 Jun Jan Aug Feb * __: Mining Tire 9c 1 Porcupine Mines Aug 36c 1.00 1.30 Mar 175,000 — ^ 47c 77/8c May Jan 1 Uranium 2'Ac 66c 17'Ac 1 __—— 7c 7.90 Feb -1 1 67c 21 1 — Goodfish 37c Lake Mines Consolidated - _ Sep Sep 14% Aug Feb 10c Jan 39,300 _1 Discovery East 24c 65c * Manitou Golden Class Cordasun 23c 65c 1 Mines Gold Eagle Mines 10c • Consolidated Bakeries 4.10 94 21'A —1 Gold Mines 52c s Oil Jun Nov 13% July 23'Ac 1 Gold 10c - - Allenbee common Lake 35c — 1.55 _ Mines Sep Sep Sep 3 __ Yellowknife God's • National 50c 16c 60 11 5%c 5,000 Mfg class A * General Steel Wares preferred —.—10o 51c _ — Copper 2,500 Products 7% Coin Lake 5,706 —* -— — A General Goldfields Cochrane-Dunlop class A Cockshutt Farm Equipment 4.90 95 72c 560 Jun 1 Ltd 4.75 95 71c — 350 1 Dynamics Glenora Explorers Feb Mar 1 Jan 1.58 mmrnmmmmlk Mines 4.75 100 5%% preferred General Bakeries 11% 6c 15'A 9,920 15 • preferred Jan 19 %c Sep 5'Ac 15 1 * Alberta of common Jan 1.30 9% Power 4.30 Oct 5'Ac _____ . Exploration 2.90 Sep 13% 0 — 6.00 Sep 5'Ac Mines common Exploration Gattneau 9.50 Mar 11 • — _ Oils 3.20 9c __ 200 5,300 16c — 1 Centremaque Gold 2.50 4.50 1.81 1.85 _ — _ 2.50 68 • ——i— ... Warrants 3.30 3.90 4.15 1 - 2.25 Apr 62% 12% * — debentures conv ' Trethewey Sep 59 65% Mar 19 Oct 80c _* A.; common.: 4% Oct Oct 4.05 Co Gold Cos Frobisher Ltd Gas Gold Asbestos — * class Foundation Francoeur Sep Sep 1.20 • July Sep 42 — Canadian Vickers Consolidated 16'A Jan Jan 1 Co Consolidated Feb Sep Sep 1 Nickel Washing Easy 6.50 Mar Sep 75 __25 Railway Corp common— Consolidated Ma* 47 Sep 19% . 1 Steel Oct 24 %c 18 __1 Reserves- Salt Consolidated 16 Jan 1.70 Tire Consolidated 7% Mar 15% Sep 45c 1 Metals 17% 100 _____ Canadian Consolidated July Sep 65c 1 Mines Apr Sep * Canadian Coniaurum Jan 34 Apr 9 8 59c 1 Minerals Amphi Eraser Cochenour 4.25 Jan 12'A 20'A 7% __ Aug — - & Chibougamau Feb 15 471,200 30'A Jan 28% 43c 2,830 70c 2.96 Nov 12% Gas & & 50 32% — Pipe Line Products Chesterville Jan 96c 2,250 15 43c — 1 Jan 21 — preferred Chamberlain 3.75 45c ■ Warrants Chateau-Gai Feb 52c Sep Sep 14% Mines 46'A Apr -50 common Jan 1.30 July 24 12,039 4.55 11c 109,050 28 % • Chemical Textile Donalda 48 70c _ Feb 11 23.50 Sullivan Jan _ _ Mat 80c preferred—50 common & Rim 31 !> Locomotive Feb Feb 18c 16% • Preferred 24 - Aug 11 80c • ' Invest & East 17 _ _ 50c 16'Ac Mar 16% * Steel com as Stores East 28% class A __ Feb 57c 10% July 10'A Jan 31% 10 .— Magnesium Jan 395 „ * Oct 8%c 2.50 — . Foundry May 8% — __ June 1.00 30c 2 Electrohome 82 1,275 25 'A * 20c 8%c 8'Ac East 3.00 Sep 2,636 * Electric Canadian Coniagas 5.45 Mar 25c Dominion Apr 3.00 Petroleum Canadian Conduits Oct * 73 32 __ common Products Canadian Coldstream 3.50 1 Oils Bank Dominion 49 Food Chim0 1,450 1 60 27% Dredge Chesklrk 4.05 1 20% 25 - _ Cellulose common Canadian Charter 4.00 East 18 * (Dunsmuir) Canadian Fairbanks Castle 4.00 Nov 20 Warrants Central 16% July 12'A Mar Jan 21c Colleries Cassiar Jan 1 30% —25 — Chemical Canadian Cariboo Apr 14 Dyno Mines 27% — common preferred $1.75 Canadian 41c 765 1 Asbestos Dominion El Canadian Ltd Mines Apr May 20 % • Celanese Canadian 8c 1,500 1 Exploration 3.00 Mar 35 27 % • Breweries Canners 5% 6,400 * A Seagrams Dominion ' __ Commerce 11.191 Feb 80c 1 ,_ Mines Eastern — 2 Car Oct 28% 79 ■ Oil Canadian 1.30 430 1.70 0 B Admiral Bank of 1.500 79 _50 Atlantic Canadian 1.75 32% 58 27c 16'A 100 _ Dome Jan 50 2.00 Canadian Canadian Sep Feb Jan 12% 138 325 8.25 _ Canadian Canadian 7'Ac Jan 70c 75c 1 Producers Dominion 54 51 57% * common _ Wire Canadian 8c 10%c Aug 15'A 75c 50c Devon-Leduc Feb 11% 8.85 —-1 Preferred Canadian 15,900 35c Jan 16'A 5 Minerals Dominion 22% 1.60 20 __ : Lines SS Canadian 9c 1 - class Gold 29'A May Feb 31% 32% . Oils Warrants Canadian 8c 9c 1 Mines Feb Oct 3.25 3.25 _ Canada Canadian 2,400 • Canada Canadian 44c Feb 1.40 Feb 87 Apr 11 __ Packers Canada 40c 1 Oils D'Eldona Jan 4.60 May 10.50 Jan Oct 50% ft • Canada Canada 51 _ Power Lands Warrants Oct 1 Zinc & Leather Davison Dominion Canada 20c Jan * Pershing D'Aragon Jan 6.65 Sep 2.25 78 10 Foundry 3.25 2.90 79 20 Iron 17,100 Mar 73c Sep 3.25 7.50 • common Preferred Canada 23c * Crowshore Patricia Jan 33c 1.14 4.00 __8 __ 21c Mar _* voting Crow's Nest Coal 45 %C Aug 18c 1 common Cement 30c Nov 9c * Crown Zellerbach Corp Nov 1.11 __ \ Lake Bread Canada 35c Mar 40 Jan 10 21c Dist Dome 26c Chibougamau Canada Sep 107Ac 1 Petroleum Dominion Red lie 48,830 :__l Mining Croinor Feb 22 Jan 23c Gas Campbell 50c 34% 17c __ High Oct Sep 10 West Crestaurum Jan 51 Oct 42 9.95 l Campbell 3,466 16c 22 10"%c 2.50 Sannorm Lead Cournor 39% Mar 23c — Oil & Gold B Coulee Feb 9.95 1 1 Oils 4,890 Feb 10c * Flon Oils Calnorth 26 23c 1 Gas (H) Class Apr Sep 4c 1 _ Flin Oils Exploration Copper-Man Mines Ltd Distillers Callinan 600 25'A Apr 6 %c 36 __ l Burns & Co class A Class Low 20c 13c 14%c 25% Range Since Jan. 1 High 12c Conwest Davis Building Products Bulldog Yellow Knife Bunker Low • Feb 45c 9,000 iec Mar 8.50 Sep 8c 47/8c __ 19 Oct 12c 63c 8%c Consumers Jan 6%c __ 1 1 13% __ 1 Lake Shares 20c • Rochette Consolidated for Week Mar 70 Ltd Red 10'A 21 % Sep ' Sales Range of Prices 1 Orlac 3.35 94 Mines Buffalo Jun Consolidated Mines Consolidated Nicholson 80% Mines Buffalo Feb 17c 80 B Buffalo Mining & Smelting 92% A Mining & 2% Consolidated 80 Brunhurst Brunston Oct 1.30 July 16% Matarrow 102% July May 8'Ac Consolidated 94 Brunsman Brunswick 100 Par Jan 11'A 10o Mines class High Jun 100 Empire Oil class A____ Mills 8%c 50 Forest Columbia Broulan gc 9% Week's Last Sale Price Consolidated pfd prefererd British Columbia Bruck 50 » British British 102% 102% _1 British Columbia Electric 4% 4%% preferred 6 STOCKS Low 29,378 2.05 Oil NOVEMBER Range Since Jan. 1 High 10% 93/4 1 American ENDED Friday Shares 1 Ltd Petroleums British 5% 102 % Lake Mines Britalta 934 WEEK for Week of Prices Low • FOR Sales 12,100 3.85 Jan 33,200 34,495 8c 2'A Jan 16,700 3'Ac Jan 32 Apr 311 31 %c Mar 13% Feb 9 fir. Feb 45 46 The Commercial and Financial Chronicle... (1810) Monday, November 9, 1953 CANADIAN MARKETS RANGE Toronto Stock Exchange Week's Friday (Cont.) Last stocks Range Low Pur Halliwell Gold 15c 14%c 17c 92,700 12c 21c 713,300 24C 12,500 13%c 14 %c 21c 5,000 21c „1 28c 34c 79,210 9c 10 %c 31c ..1 Paper Gold Heva 120 / 2c Jan 13% Jun 9%c Oct 7 Oct 6%c Jan 5c Sep 12'Ac May 7c 13,000 10 10 50 6%c 5c 6%c 4,500 25c 25c 26C 4,700 14c 14c 500 common Mines. High Crest Oils Ltd.. Highwood Sarcee 10c Aug 6%c Jan 8c 19% Aug 23c Mar McMarmac Red 9 Jun McWatters 20c July Nov Sep 17c 19'Ac Sep 25 %c May 65c .* -— Yellowknife Homer Gold Hosco Howard Smith Paper common 5% 5% 5% 50 5% Nov 10 12% 12% 13% 2,238 11% Oct 15% 8.00 7.75 8.00 2,432 6.30 Sep 13 Jan 20c 24c 20,900 Jan 30c 4 %C 4%C 1,100 20 20 75 ' 9c Mindamar 20 Moneta 1.65 * Hudson Bay Mining & Smelting.....* Hugh-Pam Porcupine 1 Hoyle Mining — 39% 41% 800 Petroleums Oct 58 Oct 65c May Oct 47c 2,700 6.80 6.90 1,000 13c 13c 14c 7,300 12% 27c Jan 36% 351/4 36% 443 31% Apr 36% 28% 28% 4,080 27% Sep 36 10% 10% 10% 690 Jan 11% July * —30 33% „ Acceptance common 4%C 13,100 31% 33% 3,135 32'A 331/4 235 38 47/«C 38 50 4 %C —2 $2 preferred Drug Chem & (John) & Co Mining 9% 3%c Jan ': ' 27c 32c 1.95 9c Sep Sep 5% 64c Sep Sep 1.20 Sep 7c Sep 2,000 2.10 2,618 9.85 2.35 44c 42%c 44c 4.500 25c 30c 7,400 13% • - 13'A 25c 1,431 24'A 40c 165 23%-' 24% 200 24% __ 13 22% 23 9c Feb Hosiery National National Negus Sep 39 July Steel 10 Sep 10 10 10 200 1.95 2.15 13,035 40c 5% 5% 5% 25 5% 18% 18% 50 15% Feb 12 class 9 - • Oct 38c 62c Jan 1.95 4.55 Jan Jan 56c Feb Nov Sep Oct Feb Uranium 11 25c Jun Jun Sep 250 10'A Oct 26 Jan 1.80 1.35 Mar 15% Jan 27'A Apr 26% Apr 10% Oct 13% Jan 84c May 14 May '27% Feb 7% Jun 4,800 1.60 Jan 2.99 Jan 1,090 24'A Sep 27% Apr 2,300 9%c Oct 29c 439 1.73 1.85 26 26'A 10c 10'Ac __ 8 % Mar ____1 2.15 2.10 2.45 83,770 1.20 Sep 1 11 %c 11'Ac 14c 36,500 8'Ac Oct 33c 51'AC Feb 29c ... Feb 4.65 Feb May Feb New Bidlamaoue 6 Oct New Bristol 18% Nov 5.10 Preferred Powders Bronze Metals International 25 — ... ... com—.* class Preferred Jun 32 32 32 85 27 • 377/a 377/s 39 14,943 37 Sep 128 128% 50 127 Feb ■ ..5/100 — international Sep • A. International Nickel Co common 1 35c Oct 34% Jan 46'A Jan 645,825 3%c Jan 52c 1 1,40 1.32 1.60 2,800 1.10 Nov 1.80 1.70 1.80 8,530 1.20 Sep Sep 1.60 • 2.92 May New Calumet Mines 1 60c 72c Concord Development.. * 1.48 1.43 1.55 • 81c 78c 84c 21 1,169 18% Sep 30 Mar New Davies 21% 5,289 17% Sep 29% Mar New Delhi 8c 8%C 25,600 4c Jan 22c Jun 8c Sep 24c Feb Gold 8%c 13c 13c 15c 19,904 3.40 3.35 3.45 4,000 1.95 6c Oil 6c 7c 7.000 47Ac (1939). Mines Jellicoe Jun Jan Oils 16c Apr 20c 20c 25c 16,500 20c Nov 55c Jan 14c 9'Ac 15c 159,100 6'Ac Jan 40c Feb 38c 37C 48c 241,933 20'Ac Sep 48c Petroleums 24c 12,160 July 30c 1.55 1.50 1.55 2,400 7%c 7%c 1,100 21 20% 21 435 , Mines Jonsmith Ltd. Jupiter Oils Ltd Mining Kayrand ; ...1 , —' Kelvlnator Kenville Gold Kenwell Oils 7%c 7%c 7%c 10,000 15c 1.19 Sep 6c Sep 17'A July 6%c Sep 1.40 1.60 1.60 1.64 2,000 18% 18% 18% 4.350 Sep 17 ___1 Mines 1 Jason 3.15 Mar New Laguerre Feb 2.25 21% Aug 6%c Jan 35c 85c 57c Jan 39c 3,300 42c 45c 6,900 42c 16c 14c 20c 38,500 10c 10c 10c 11c 21,500 Klondike-Keno Kontiki Lead & 1 - . 48c 45c 50c 26,800 1.25 Zinc Mines 1.23 1.30 4,200 NOV Sep 8'Ac Oct New — Nov 45c « 1.00 Sep Lake Osu 17% 449 8.50 8.00 8.50 4,965 1 Mines 17% 70c 70c 72c 8,700 65c 25c Dufault Lake 17% 1 (John) Ltd—— :— Labrador Mining & Exploration. Labatt 19%c 25c 6,000 4,000 15c 20c 20'Ac 1 17 Jun 6.10 18c Sep Sep Sep Sep Mines..— Shore 5.60 5.60 20c 26c 8,800 20c 745,050 7c 7c 4'Ac Oils & Mines. Landover 705 25c Lake Wasa Mining 6.00 5.20 Sep 5%c 9,200 4,000 15c Lapa Cadillac Lapaska Mines 25c Sep Laura * Acceptance class A_ Secord 10 3 — Mines 10 60 13% 14 340 5'Ac 10%c 14 Larder 121,000 Gold ' • * Jan New Mylamaque Explor Newnorth 78 %c Jan 20c Nov 35c Feb 50c New Feb New Superior Oils New * Thurbois 11 Feb Nib 1.80 Nipissing 54c Apr Feb 51c Feb Nisto 8.65 Jan Macfie '" ' • MacMillan & Bloedel Class B class A— & 51c July July Norlartic 15C Jun 5 %c Jan 7 %c Jan Feb 9 Jun 13 Malartic Marbenor — *. ; i • 10% July 14% Feb Ltd + McDougall-Segur For footnotes see page 47. 49c 174,850 8c 63,500 1,405,800 . ' 6c 6%C Apr Oct 2.95 40c Feb Jan 3%c Jan 24c Apr 7'Ac Feb 23c Nov 40c Sep 87c May Oct 79C May 30c 4'Ac 4c 28,000 15c 15c 16c 2.31/ 2.55 14c Oct 12%c Sep 2,849 12c Apr 5'Ac Sep 8c Sep 10c Sep -,2,000-4,666 5,200 1.90 8c Sep Jan -7c 8c 1.45 1.55 1,700 1.40 Sep 9'Acl0'Ac 13,000 9'Ac Oct • -10c i 3%c Jan l,00o 64c 2,653 62'A lie Feb 35c Jan 35c Jan 31c Feb 4.10 Jan Sep 13'Ac Aug 16c 2.35 Mar 1.05 Jan 78% Feb 64 12c 12c 700 10c 9%c 11c 10,056 4c -- 12c 13c 6,375 11c 2.70 12c 2.80 2,040.- 2.42 Sep 17c 9,900 8c 1.90 1.99 4,000 1.70 8c Feb Oct 67c . 36c Sep July 07c 62'A -- 63'A 9'Ac Feb 14c Feb ;• : f * 2.70 • *'■ } 1 i 8'Ac I 20'Ac 18c 24c 298,200 7'A 7'A 7'A 200 1.09 Jan 6,550 60c Jun 3,000 7c Sep 17'Ac Jan 25,200 6c Jan 16 %c Sep Nubar 44c 46 %c 44c Nov 1.00 Feb Nudulama 39% 8,600 825 36 Apr 42 43 572 37% Feb 5'Ac 6'Ac 13,299 1.40 1.40 5 6% 7 200 39% 43 — 40 37/sc Jan 1.25 Jun 5% July 46 July 46% July Jan 11%C 1.40 Aug 7% Mar 16c 30c 13c 14% — 17c 6,900 40C 41,700 18C. 14% 9,300 100 Sep 30c North 17c Mar Jan 22c Feb Oct 29c Feb — 1.90 Oct Sep <4.25 Jan 37c Mar 3.05 May 4lc Sep 22c 6'Ac Jan 30c Sep 9 Aug Jun 9c 9%c 7,000 7c 1.75 6,650 6,500 1.35 65c 75c 15c 15'Ac 6,200 30c 38c 5,420 1.35 1.38 5,949 25c 29c 1,500 22c Jan 63c Mar "5c 5%c 14,166 4%c Jan 10c Feb 16c 18c 9,000 11c Jan 80c Apt 60c 59c 19,475 50c 8 8 3o Sep 9 ,6?/Bc 6'Ac 6%c 7,000 5c Sep 13 %c Feb 3,480 56c Sep 1.15 Feb r_.___.___I Selections { * I *, '. Specialty Ogama-Rockland 12'Ac Olcalta * Omnitrans Oils • 15c Mar 2.05 May Oct 90c ExplorationOntario Jockey Club Mar Opemlska Copper Mines Orange Crush *, Feb Orenada 25 16% 17% Sep 20% 18% 1,660 15% Jun 20'A Jan 1.80 9,900 1.35 Jun 2.25 July 9%c 8%c 10C 15,000 Jan 7c 1.48 1.38 1.48 8,100 3%c 3c 3%c 15,000 100 100 100 40 100 Feb 7% 640 7 July 1.34 7% 2c Oct Jan 1.95 19c 4'Ac 2.00 2.10 2,200 1.10 1.08 1.20 27,515 20 20 190 1.20 15c Jan 47c 44c 51c 35c Sep 77c Jan Feb Pacific Coyle Navig 66c Oct • • Pan Tubes Hershey Western Oil lOo — 1 102 Jan Parbec Mines - 8% Jan Parker Drilling 20c * 1 . * 8% 7,807 Partanen Malartic Pathfinder 1.05 Oct 82c Jan Oct 10'A Jan Peruvian Ltd 50c 5 5 5 1,225 5 Apr 7 18c 17c 20c 5,049 16c Sep 30c 25% 25% 26 6,970 81 81 45 16c 17c 7,000 100 17c 237/s Oct 385 45c 31,100 8c 9c 4,000 28c 780,100 July Sep 4.65 4.65 325 lie 12c 18,300 4'Ac Jan 75c 75c 700 50c Sep 35c Oct 1 Goldfields Oil & Gas Crow Gold 38'A Jan Pioneer 96 Jun Pitch-Ore Uranium lie Sep 31c May Placer Gold ; 50c 4,75 Jun ,Jan Sep" 13% Mar 64 Jun 73'A Aug 30c Jun 54c 3%c Jan 22c Apr 29c Jun 6.75 7,400 400 28 26% 28 195 32c . __ 1.09 35c 3,500 ; 5.00 Sep 20 32c 10'Ac Mar 14,300 27'Ac 1,550 1.05 1.50 1.50 1.50 200 _i 25c 24c 31c 74,163 30% 33% 2,415 1.50 16c 27 28 Jan Apr Nov 65c Feb Feb 1.65 Sep 83c Jan Sep 39c 1.17 8.75 30c 92c 35c 58c Oct 500 12,000 1.12 Jap Nov 1.65 Aug Nov 13c 1.25 37c 6% 12c Sep 13c 1.17 32% Jan 1.09 • 1 Jan 4.60 Oct 1 _ Development 39c 6.50 4c ♦ ... Nov 37c 6.25 1 Mines 81 37c 6.45 1 & Mineral Pickle __ 1 Nat Gas— Oils He 1 Petroleums River Pershcourt 7% 2,655 69 19c ? 36c - 1,700 9.15 35'Ac __ 75c 8.90 67% 8.90 1 People's Credit Sec 8 Oct 7%c Feb Peace 8% 21,200. Sep 65c 1 Page Sep Apr 28c 1.10 ___1 Pacific Petroleum 15c 5,900 94c 1 Sep 34c Jan Mar Mar 32c 2.20 21'A Aug 1.99 Feb 6c 17c * 17% May, 2.65 42c Mar 2.95 Mar 1,000 9%c July 9c Sep Sep 2,534 4%c Jan 40'Ac Sep 96c ., 20,912 83,350 5,000 1.95 . Jan 1.30 214,367 5,500 Feb 3 60 15c 50c Mar 9c 15c 6%c 35c 10c 3.45 29c 1.50 14,500 11,500 ^ Sep Feb 3'Ac Sep 2,100 18c 3-.35 28c 9%c 1.83 3%c 6%c ll%c 46 %c Jan 3,3& 12c " Feb lie 6%c 30c — 17c Sep 1 — 1 — Feb 13 Jan 5c Jan 19%c Apr 1.95 Oct 4 %c 1,000 -4c 1 Jan 18 July 11% Mar 150 8'Ac 6% 38,450 8'Ac * common 40c Gold 12 15c 2.05 ' 90c 2.95 65c 18c • v t Steel • 12 lie 1.90 i. ? • Ltd - Ontario 66c 1.05 May \ O'Leary Malartic Jan 63c __ - Jan 1.14 63c ■. • Jun Sep 1.25 . - 1 Sep 12 %c Sep 27c <; • Ltd 15 Oct 55c > • ; * Pyrites Co Apr 16c 25c Oct 6% 5'Ac Sep 14 1.62 Ltd Mines Gold 7c ll,50o 1 Jan 25c 10%C Oct 9C Lake O'Brien . 1- (1940) Ltd Mines ' 8'Ac-9'Ac 1 Mining, . Wood Obaska Office * L Mines Mines Oakville — Oil Trinity Northland : - Gold Mar Sep 8c 1.66 * 9,050 • 9c 17% * common Preferred 23c Jan 17c 97,562 J 15c 66c * , Oct 12%c 16,000 Norpax Oil & Mines Ltd North Canadian Oils— 12c 1 * Apr 7c 1 : —— Petrol Maxwell Maybrun Mines McColl Frontenac 10c 23c 55c 12c 1 Minipg 8 %c 1.80 - 8,550 80c 7c 2,000 392,280 Oct 1.45 1 Mines Star 12'Ac 18% * 15c 20,000 22,500 . * Nor gold Inca * 1 9c 7'Ac 12'Ac 13c 1 — Perron Gold _ f 2.20 34c "■ __ 1 Gold Marigold Oils Ltd Marwayne Oils Ltd Massey-Harris Co, Ltd Name changed to Massey-Harris-Ferguson Ltd 5,500 5%c x Paymaster Consol Marcus 20 9c 13c 1 x North * < Feb 23c25'Ac 1 North Denison 100 — 16 %c Oct 1 Maple Leaf Milling common Maralgo Mines Sep : 5 Corp Jan • Manitoba Sugar preferred 5c 9%c Feb 1 Eastern 6,180 v 50c 2.31 Paramaque Mines Manitoba Feb 7c 18'Ac- 35c : 1 i, Mines Nordon » Magnet Consol Malartic Goldfields Feb Jart 20c __ 1 Gold Noranda Mar 1 — Lake Gold Mines 55c 82c July 18c 19'Ac 20c Osisko Lake Mines Madsen Red Oct Jan 7c 2.00 51c 1 s Canada— of - Sep 15c Mines 19c 10c 31,100 8'Ac __ 18'Ac 1 : Mines Ltd 27 38c Gold 17,983 32,933 * 17 9%c Mines 23 1.36 Mines MacLeod-Cockshutt t 26c 17'A 1 , ... Oct 65c Explorations Mackeno s 29c 6%c 7%c ; Yellowknife 39c 3%c 1.67 Mines Jan Jan 11c 12'Ac 6'Ac 1 * Ontario MacDonald 70c 22c • Senator Apr 30c 1 Oct 26%c 27c ll%c 1 Petroleum 18% July Jan — . Apr 2.45 Nov 2.10 5c 17c Mines 48c ; Ryan Lake Mines 14 * Lynx Yellowknife Jan 1 Oil— 20% 16c Macassa 12c 1 Pacalta Richfield 293 — 1 7,900 1 Norzone New Oil tlraniuih Mines 23c ; •New 550 -- Lorado Oct 21c __ 1 Ltd Mines Gold 26 5'Ac _<! 55c 18c Jun 1.53 22% 65c • Sep 2.15 Mosher Long Lac Mines 45 %C Gold London Hosiery common 3.30 25c I Morrison 9c Lomega Sep 8,400 1 : - Marlon Gold 14'Ac 1 7,980 • New 22% -1 „ Lencourt Gold 11,700 50c • New North Leitch 25c 3.05 42c 1 ' Mines 25% 7% Lexindin Gold 23c U 25% * 0 i 2.85 • __ Lavalie ' Feb Nov 23c 1 ' ■ Newlund Mines Normetal Laurentide 1.71 2.99 1 Gold Nor-Acme Lake 34c 1 : New Kroy Oils Ltd Sep Malartic - New 42c Jan 18'Ac Feb 2,000 1 _ — Aug 45c Kelore 4,600 1 Lake Kirkland Kirkland Townsite 15c . 55c May Sep 1,000 951,699 1 New 65c 11c 12 %c „ 61c 18C 1.71 Goldvue Jan July Feb Jan 1.51 1 Highridge 55c . 18c 1.35 New Fortune Mines Hugh 60c • Mines Keyooycon Keymet Kirkland-Hudson Mar 18c Mines New 23 1.33 2.25 48c Dickenson New 13'Ac Feb Oct Sep Sep 1.37 Warrants New 1 Kerr-Addison 70c __50c ; Petroleum Devon New New Joliet-Quebec 1.30 5,666 18,300 1 Nov 20c Ltd. Gold 50c 15,800 - 3.75 Sep New Jet Joburke ." . 20 20% Jaculet Mines Jasper Oil Jun 131 20 21'A New Jacknife ; ' * Line Oils Continental New 8 Petroleum Interprovincial Pipe Oct New British Dominion Oil—:» ,New International ' Jan 14% 225 26'A r ' * • * Nov Oct 12 734 4 Feb Sep 27% 734 "1 Oct Apr 11 • 73/4 .1 7% 31 2,500 25o Car Labine Alger 13 33c r Nov 5% 19c 27% - ' * B Mines Nesbitt -12 27% , Petroleum 36% Mar 36% Mar 36 * ■ 250 12 31c __ - 20 ; 10'A.J 10'A - 5 —— '■ National Sep Mar 3.75 July Aug 20c 7,800 11'A 24 ' Jan 38c 11c « 15,000 25c * >• ■* , 1,450 8c 2.26 13'A * i 3.00 Mar 700 - ■' 10% • common * Jun 28 30% 1.97 * 1 — - ■ 1.80 > Jan 2.50 -Oct 2.00 20c 14c —-13,100 2.30 5 common Ltd Preferred New Inspiration 20c 7,600 11% : • ... f " Inglis 27c.. 1.95 1 Preferred Jan preferred 8% <13c —25 National Explorations Nov 28% $1.50 8% i4c * I common National Grocers 10 Industrial 8% - • : preferred National Jan Jun 6.80 10c Imperial Oil * Imperial Tobacco of Canada ordinary_5 Indian Lake : —1 Imperial Bank 500 4.95 i May * { 4.80 8'Ac S F 40%c Aug • Mar 44c 4% Oct Jan 69 I.'.' Montreal Locomotive 3.40 Mar 36 (L90 45c 1.50 Sep 3,165 1 —1 Husky Oil & Refining Ltd Hy-Charger 41 2.00 90c 300 • 75,200 - * —- — .■ Corp Sep 12c 1 common Porcupine Moore 5%c --15,469 * Montoco Petroleums Ltd Aug 4,500 38c • 1 ' 16c 3.30 1. .* _______ Jan 31c * _: Mining Corp ;; 8%c Feb Apr • Minda-Bcotla May Oct 4c 17 ' 1 Mill City Petroleum Milton. Brick Feb 24c ' ' 6%c 2.90 4.95 —.13.50 * Mar 168,014 1.20 38c: •. _* Oil -13.670 27%c 27%c 3.30 » High Sep 30c * 4 1 • Feb * 1 1 * A. Consol Oil __ ' 51% 8%c 1.10- 310v - 15c 8c 27%c 1 — ___. ■ Jan ' 1 Low 54 '10c • Range Since Jan. 1 High * . Mines.. Uranium MldAlontinent Jan 8 class Manufacturing Hollinger Home " ■' : Preferred Jan 34c ' ■- Shares 38c 40'Ac ~ <■— ■ * —— Island Mexican, Light & Power common 44c 12 Sep 13'Ac 53 ————♦ ',v ■ Meta Jan "i Holden " Merrill 9% c Feb Sep 12c 1 for Week / 53 40'Ac Lake Mills; Mercury 'i.\\ 29%c Sep Oct 4%c 1 Gold 21c 8 : : Sales Range Low . —I. Mclntyre Porcumne Red Lake McKenzie Nov 10 Pur , Jan Week's of Prices r Last Sale Price ■ • • High Merrill Petroleum Gold Hendershot 8% 16'Ac ..1 Iron Headway Red Lake.: Heath 1,350 —1 1 Lakes of 352 „_1 — Gold Hasaga 23,000 _. Gold Harricana Harrison Hibbert Mines Head 4c 17% 10 %c 10 %c Carpets Harding Friday Low 3'Ac 8% 6 Range Since Jan/1 High 17% — NOVEMBER ENDED STOCKS Shares 17% Gold Rock Hard WEEK for Week 3%e — Bridge Hamilton of Prices Sale Price FOR Sales Sep Oct Sep Oct 1.59 2.15 1.25 45 Jan Feb Feb Jan t": Volume Number 5271 178 ..The Commercial and Financial Chronicle . (1811) „ CANADIAN MARKETS RANGE Friday STOCKS Week's Sale Price Par Ponder Oils •- : Powell — 1.40 1.35 6,600 35c 40c 9,000 * , 23% 23% 243s 6.380 Corp Power 1 * 7,20o 75c 75c 35% 1.10 34c 20- 829 , 35%' 1.14 2,500 35% __ 70c 31% High Jun 1.76 Sep Par Jan 2.25 Sep- Union 25% Sep Sep 40 1 Aug 1.52 Oil Premier Royalties 1 Metals Preston East Uranium Ranwick 2.75 • 5.50 4.45 5.55 1j lie " 12c • Jan Mines Reeves Regcourt : Rio 36c 19 %c 39c 17 50c 55c 16%c 25c 94c 90c 99c '.[■ 10c 11c 1.48 1.48 1.48 4%c 1.08 1 — Roche Long Lac A B warrants ' 700 51t 1.47 1.55 15,300 11 110 4c Montauban 1.35 10 •> Feb Mar • Van Viceroy May Vicour 56% 25 51 Julv 59 22% 25 Apr 21% Jan 25 7.10 July 1,400 ' 90c Feb V May Mar & Waite 1 Oct 5,300 - 14 'Ac 18 %c 7,000 %c Vic 3c 14 Vic 3,900 3c 8c 2,000 %c 2c. 15,208 14c OctNov Sep 600 9Vic 8c 9 Vic 4,800 18% 18% 18% 50 __ 2.25 2.45 7,100 9.75 10% I,865 9.40 10% 48% 1 Malartic Territories Western lc Breweries (Geo) Preferred 7 Vic Mar Wilrich Aug Feb 19% Oct 3.25 Apr Oct 12% Jan Jan 50 67c Jan 17c Apr 5c 5c 10c Feb 3,121 4%c Oct 6,000 „ 13c 22%c 13c" Nov 29,600 . 20 21 50 igc 20c 3,007 20 17 111 71c 80c 6,900 4.95 350 7,200 17 1.03 1.12 32% 33% 95 96Vi 96% 43%c Jun 13c 4.90 __ 1 15c Jan Sep 1.O8 100 Petroleums Wiltsey-Coghlan Sep 1.37 Jan 5c 17 • 7c 18% 42 __ common Sep 27c 77c 1 8% 500 • Tungsten Jan " 9,500 „ 5 Ltd 15c 24% Jan • 36c 20 10c Homestead 4c Aug 13% Sep 8 V* Oct 7%c __ 1 48"%, Sep 1.70 Jan 36c __ • Leaseholds Weston Feb Oil Canada Western Feb 48 Jan 15 7%c 5c West Western 'Sep 14% May 56c Sep 4.25 Sep 1.00 Oct 250 26% 205 91% Feb Jan 46c 26,850 8c 9Vic 6,000 11 %c 12c 51,500 5%c Jan 7c 7%c 3,300 7c Oct 7% 8 5,627 5% 96 Vi 96% 20 114,030 35c Aug Mar 33 %c Jun 24 Feb 42 %c 42%c 1 Jan Apr 3,255 8% 7%c Feb 20c 43,650 16Vi 1 Ashley 35c 7%c 1 Consolidated Products 8c 5%c Wekusko Feb Sep 15% 8% Weedon Pyrites Western 35c 4 Nov Oct 6c 95c 8% • Apr 22c • 2,200 10 _L_ W' Westeel 3.40 1.10 Nov 1.60 ' Feb Jan 1.09 Sep ,Sep 11 16% • & Jan 11 1.06 50c 10% 51c __1 Grey Trust Jan 1,17 Aug 1.15 Apr Oct 150 1 Mines G 4,200 13 • A Amulet Walker 77,217 74c 5% Sep * class Mines Violaniac 1.09 67c 12% * ___„,— 4.85 Mar 12Vi Aug 6.85 1.06 1 Mines Ltd Manufacturing Victoria ■ Mines— Roi Cons Ventures Jan Jan Canada v Jan Jan Upper Western 16c Mines Sep Oct 22% 67c 11c Aug 2.60 10% Nov May 56Vi __ 25 6.85 3.25 Nov 11c « 50 Keno Hill West 22,785 14c 12 32c l.fO Sep 59c / 12 United 1.70 Mar 51c __ 62,945 12 Corp class B__. 1.02 33c Oct __ 41c * 26c Sep 80c 16c Oct • '1.14 v Jan 11 * 32 15c 1 48c Sep 2,000 __ . 10c ?■'1 17,600 9%c Feb 1,200 Oils 22 * Oct- 1.10 11c 25% 18c 3.80 Steel 1.54 Jun 4%c ___ Oils 83e- Oct 90c r, 1,855 18c 3.10 United 21c Feb 32 18c 3.65 United 1.55 10 • United - 1 High Jan 1 Nov 20c - Sep Sep Sep 1.55 1 warrants Class 8C 11,775 -. July 7 1 Aug 27c 55c 1 Class 62,725 v Jan 4%c • 19 Consolidated 9c 100 1 Rowan 32e 4,100 ____l common 15;- 6,000 10 %c 1 Mfg 20c 22,200 __1 — 80c 7,900 2,440 12c 12%c , 31 Vi 623 Gas 3.40 • Jan 8%c Sep 2,600 1 Rix-Athabasca, Roxana 10c 12c 1 Oils Robertson 65£ 3,900 90 55c Uranium Prado 6,700 13c 500 50c — Rexspar 7c; 85c 1 MacDonald 1.65 90 16% 32 Low 10 Mining 5.55 1.40 Mar 8,000 80c 1 Uranium-- 21,815 140,205 * lL%c 16% 9 Union United Fuel A preferred Class B preferred Jun Jan Range Since Jan. High 10 __ 2.85 _j 36%c Shares Low • United Asbestos United 12% Mar 90 1 2.85 21c Oct 80c 1 Oct Sep 9% 9c l _ 1.65 common for Week Mar 4c 9c __l — Reef Petroleum • 2.50 . 1 Red Poplar Gold Red water Utilities t 780 i_ Mining Radiore 26,650 11% 1 Quebec Labrador Quebec Nickel Corp Quebec Queenston Gold— Quemont 1,500 8c 10% __1 Quebec Chibougamau Quebec Copper Corp f 2.10 5%c 10%' Dome _ • 2.10 / 7C 1 j. Prospectors Airways Purdy Mica Mines - 2.10' • Border Pressed Acceptance Sales Range Union Sep 1.30 Mar Apr Week's of Prices Last Sale Price 4 !_Prairie 6 Friday Low, 1.30 1.10 __ River NOVEMBER Range Since Jan. 1 High 1.38 1.35 Rouyn Gold ENDED STOCKS Shares 1 Oils Poplar 'Powell Low <■ WEEK for Week of Prices • — Pontiac Petroleum FOR Sales Range Last Sep 6%c Oct Jan 17 Aug 1.66 Jan 6.85 Jan 4.35 Jan 34 Aug 98 Ti Aug 1.14 12 Jan %c Feb t Roy Silver 1 1 — Rights Royal Bank * Russell St Industries Lawrence San Antonio Gold , Scythes & Ltd Shawinlgan Class B ^Shawkey 12 ; 15c 15c 15c "6,400 8c 3%c 3 Vic 4%c 64,500 17%! 17% 18 890 34Vi __ 1 1.70 ' 34% Water Sherritt Sicks' , t Miness : Gordon Silanco Silver 24 37% Mar 15 %c Aug 500 6,580 1.31 1.38 26 26 26 • 1.57 Sep 13% July 1.00 25 24% Sourls A Spooner 1.68 2,900 39 781 36% Jun 43 48 30 47% Mar 50% -12c 12c 13c 18,493 35c Winora Wood Preferred —; —— Oil Gas & Starratt Olsen Stedman Bros preferred Ltd Gold 4.55 — 18%c 73c _■_ 33 % 1.35 8c 64c • 2.80 Jan 500 50c- 4.50 4.65 13,841 25'% 445 24 24% 200 17c 18%c 5,350 Wright-Hargreaves • 1 Lead Yankee & Zinc Canuck Oil 71c 75c 29,999 10 10% 1,274 13% 14% 3,006 45c 60c 102,177 51c 50c 51c 1,200 27% 27% 28 845 Oct Sweet 1 8wltson Gold 10c 6%c 3,700 1.25 1.32 16,950 Vukeno 1 14c 14c 17c II,300 11c Oct 59c Jan 1 25c 24c 30c 46,200 14c July 49c Jan Mines Zenmac Metal Toronto Stock Aug 5.75 Feb 20 Jan 25 11c Oct 32c Friday 50c 9% Jan 1.15 July Jan 11 Jan Aug .12% Feb 17 « Oct 68c Jan Par • ■ ^ Andian Anglo National _ _ Newfoundland Asbestos 45c • V ; , British Brown Co 1.15 Banknote common Jan 1st 20 Vi 28 Oct 2nd preferred 12c Sep 45c Jan Jan 47c 1 preferred Jan * Canada Apr Canadian General Invest Canadian Industries Bulolo Gold Dredging 1.85 & Dominion 5 29% ll%c 6.80 14 %c 14 %c • Vinegars — _ common 500 8p Aug 34c 920 16% Jan 20% Mar Western Sep 33 Canadian Westinghouse 19 29 % 30 8,656 11 Vic 13Vic 60,900 6.45 6.95 36,960 3%c Jan 5.80 15c 9.75 Sep — 15c 17c 2,000 14c Oct 20c 19 %c 22c 73,550 .13c Feb 2.05 2.00 2.20 2,750 15% 15 15 % . -_ 800 2.00 Apr Aug Feb Consolidated July Dalhousie Dominion Aircraft Jan 16 Aug International Paper Jan 102 Jun International Utilities Jan 20c Oct Langley's preferred 80,358 30c Aug Sep 90c Jan 1.55 2.05 Class A Sep 1.46 Jan 1.65 1.75 1,600 1.15 1,22 2,200 • Warrants class ^ A Triad Mountain Oil 20,880 1.35 9,500 31 31 135 Petroleum 17 29% 27c 55 17% 17% 9%c 2,600 30 4,251 27c 27 Vic 450 17 — 17% ..."9%c 29Vi 160 10% 1:80 lie 16c Oct Oct Loblaw Jan Oct 81c Jun 28% Feb _:i". Oil ' ). Sep 17 75 14 8% 1,925 17% May 12 % Mar Pend 24c Price 51c 1.70 31 Apr 15% Api¬ ece Sep 261 Sep Jan 19 Apr 160 98 Jan 46% Jun 493/4 Nov 6.00 6.10 2,200 5.50 Oct 6.75 Feb 17 17 6.10 14% 14% 1 15 23 200 36 37% 225 14c Jan 3.65 4.25 327 10 10% 725 61 68 131 55% 40 39% 40 % 4,241 34% May 2.12 2.25 24,565 51c 60c 35,500 21 20% 22 4,015 18% Sep Sep 39c 40c 5,436 30c Sep 99c Feb 14c Nov 37c Feb * 15c 14c 16c II,100 * 2.55 2.52 2.65 28,325 1 31 %c 30c 35c 139,333 2.00 17c Sep Jun Jan Feb Feb 3.00 Jun 8V4 Jun 100 16c Jun Apr 5.25 103/, Jan Feb 72 Feb 40% Nov 16c 16c 101 101 10 73% 74 230 55% 54% 56 6,106 28 27% 28 1,055 24% Aug 29% Jan 64 64 20 63 Sep 66 35% 35% 135 27 Oct 28 28% 2,825 24 — m4 — 5 28% 0 common Gold 30% _1 75 69 47% • Bros 125 3.85 700 4.55 4.55 210 32 4.55 31 3.30 Dredging —1_1 Oreille Third Canadian General Inv Nov Oct Oct Jun 28c 110 833/4 56 323/4 380 30 3.30 Feb Feb Oct Jan Nov May 38 Jan 28% Nov Jun Nov 3.70 Sep 28 Apr 33 Aug 4.00 Oct 6.50 Jan 34 4.50 • __ Consolidated 1 FOOTNOTES • 52 %c a Odd 4.50 200 4.40 Oct 5.25 23% 23% 60 13% Jan 23% 52c 52 %c 16,300 Sep 69c lot Jan sale d Deferred Feb in Mar OUT-OF-TOWN AND 50C e (not included in delivery sale (not included year's range). rCash price. sale privileges, wd When wlWhen x delivered. issued. Ex-div:dend. u (not included in year's range). dividend. (Un) Admitted to unlisted trading t Selling ex-inter°st. f Flat CANADIAN MARKETS t Ex-liquidating year's range). 4.00 Mar Oct FOR No par value. 1.55 93c 15 253/4 Mar 42 74 16c 5 Ontario Paper Consolidated 46% 2.85 Oct Oct 101 100 Thrift Stores Feb 30% Mar 54c 1.51 July 213/4 313/4 18% Mar May 2.20 42p Feb 13 55 21% Oct Jun 16 140 1 7 85 Mar Mar Mar 19% Aug 28 %c Jan Mar 283 62 -7% comomn Inc Yukon 15^ 20c Pato • — 27%i -* 2.25 May • * 24% Jun 89 # Minnesota & 10% July • . Pipe Line Tungsten Corp. ■ 32c 1.18 -—- Transcontinental Resources Trend 28c 1.25 • —- Trans Empire Oils Trans Era Oils Trans 28c 1 r-----— —-* Exploration v—~_——_l Finance 760 Jun 1.10 1-75 5,100 Traders 26% 3.65 — Bridge 6c 15c Towagmac Jan 26% 10 49% • 13 1-16 .. 9% 10% • Oil deHavilland Jan 97% 39c ___* Apr 8% • 50 13c common 7 • Paper 96,800 33c — 1,969 1 17 %c 18 Vic 33c 20 8% • Lumber 100 Vi 100 % 18c — Nov v/a Feb Jan 87c 2.92 High 7 Jan 22 %c . ,*•_ 50 49% — Canadian Marconi 28, 18% Low 7% 87% • Sugar Range Since Jan. 1 High 89 « — Low 8% • Feb ; 18"% ■ Shares 49% a __ 20% July .14c Works Jan for Week Mar July 39 35 5,507 • • <k Sep 37 1.00 Thompson-!.undmark — Mar 1.75 17 8% — American Ogilvie Flour Trusts 13c Sep 7 • Corp Jan 37 93c 111 Iron 5 Develop 88c — 1.00 preferred———10 Mines _ ' 36 —* 1,955 Torontd i _ 17% May 1.98 General 1.05 Sales Range of Prices #• _ Mar 31c Week's Last Sale Price July 30c 10% Silver 22Vic Jan 5%c Oct Exchange - Curb Section STOCKS 1,375 .10% 1.90 Torbrit 3,000 Canadian Funds 25% July 3,740 1-95 Tombill Gold Sep Jan 6%c 20 1 Toronto <C Feb 47c 8%c 18 Teck-Hughes Gold Mines Taylor. (Pearson) 5% Sep 1.30 20 4,950 • Industries Bylvanite 21c Apr 2.58 6%c 26c 25c Ltd Sep 1 31c 1 Oils 1.63 100 1 22c 50c Grass 4,500 May Mines 30c 190 -i. - 27c Aug Jan 20: • (ordinary) Surf Inlet 2,564 Jun 22c Mar 3.80 - 1 — 1.93 Nov 100% Jun 98 27c 27c 22c 1 Sullivan Cons Mines 10 Mar Oct " 5c 1.87 __ 30c —_1 1 —— — 96 May 8 Yellowknife Bear Mines_ Yellorex , 14 % * Contact Preferred 98% , 28% Jan 25 % . Oct 160 55 %c * Steep Rock Iron Mines Supertest 98Vi Jan 64c __ 1 Sturgeon River Gold »•, 98Vi » 17c '14c Apr Jan 50c * — Mining Sudbury 14c Sep 1.15 33% __ 1 Canada of Steeloy 11c 100 Canadian Steel 12c :• Paving common Stanwell 1 (G HI i_ ** 11944) 7% 100 Gold Canada Standard ' • * Mines 11 %c 1 Gas Winnipeg Electric preferred Feb 34% .# 1 Ltd 1 Central & Sep 1 -• Oils Jan 48 • Oil Winnipeg Sep 1.61 19 Co ;Stadacona 2.82 26% 38 Vi 1 Valley Sep Jan 48 1 class Larder Windward Gold Mines Feb 39 1 Gold Southam 2.81 Mar 16 1.65 fc , 2.25 Mar • 24% Mines • Jan Apr Sep 2,300 1.38 Oct Jan 15 Ltd Simpsons Siscoe Jan 3c 15 • Dairies 32c 5%c Feb 6,500 2.00 __1 Mining Silvery-ood Sep 17 600 9c 1.90 trust certificates Miller 17% Mar •; 1.60 1.80 8%c Breweries Voting July 30% 1.93 - • Winnipeg Brewery class B Creek Gold Sheep 36 2%c Sep , Shea's 1 - 50 Power.com & preferred (1945) Sep "%c Oct I,203 8%c - 25 preferred - 5 Yale 4 Security Freehold Petroleums . Jan 1,090 7 Co 32 13% , Sep Vic Oct " ;:-77o * Ltd__ Bridge Oils 5c 19.000 _1 . Petroleums Scurry v 13% __1 River Gold Sarnia 12,900 36 * common Corp Sand Sapphire 13% Vic 1 Oils Rupununi Gold 4 35'% • Rundle 9c ll%c %c 35Vi . 10 Royalite Oil 1* Winchester 10c • ..— Ex-rights, z Ex-stock dividend. Apr Oct July 47 The Commercial and Financial Chronicle 48 Monday, November 9, 1953 ... (1812) OVER-THE-COUNTER SECURITIES Quotations Rid 90c 25c 1.25 Aberdeen Fund Affiliated Fund Inc American Business Shares American Mutual 4.85 Blair Blue Bond Inv 3.02 3.30 B-4 (Discount K-l (Income 8% K-2 (Speculative 27a 27 8 S-l (High-Grade 16.94 15.09 1 5.62 9.43 36.43 Com Knickerbocker Fund Fund Inc— 8.15 23.74 23.73 26.00 8.51 Fund Inc—.1 Inc_——1 8.81 21.96 -10c Corp——5 1 9.20 Lexington (Net Asset Value) Managed Electrical Equipment shares.lc 4.90 27<s Feb. shares—lc 3.03 3.34 27aS March Furnishings shares—lc 3.09 3.41 2%s June lc 3.65 4.02 2%s Aug. Paper shares 6.74 1 lc 4.89 5.38 2%s Sept. Petroleum lc 4.67 —lc 4.25 4.68 Treasury 7.74 16.67 8.48 27es Dec. 1. l%s March 1 19.36 1 16.87 Fund Inc value 1 9.80 9.90 Vegh Mutual Fund IncNet asset value 1 36.41 36.78 28.65 1 15.86 17.44 5.14 5.63 Inc Units 7.11 —— 6.45 7.79 ._ 31.61 5.01 5.19 —-5 17.35 18.76 Industrial Fund Inc_l 2.41 2.65 Mutual Fund 37 74 8.11 * beneficial 39 74 8.82 6.77 Natural 6.90 Natural 20.87 1 1.92 Industries Fund Capital 18.74 New Corp Trust Investors 20.26 59.89 64.40 5.59 1 1 1 Inc_ 6.08 lc 7.21 9.45 1 4.63 3.43 5.09 Dec. 15, 1954 100.26 100.28 172S Oct. 100.27 100.29 2%s March 1954 15, 1953 15, ^1 10.34 5.21 — lc Equip shares Food shares lc 5.08 of 4.05 administered shares—lc 7.70 lc Fund shares 17.71 Bid 1-53 12- Institutional 6.00 6.50 6- 1-53 12- 1-53 bl.60 1- 4-54 bl.75 1.45% 1-53 2- 1-54 bl.85 1.50% 9- 1-53 3- 1-54 bl.90 25 Selected Amer 18.40 stock value)—* t28.61 15, issue Shareholders Sovereign State Street Investment lc 6.69 7.34 Stein Roe lc lc 8.11 1953 6.39 7.27 Equipment shares lc United Accumulative shares lc 7.67 8.41 United Continental lc 6.84 lc 4.50 4.94 lc 7.22 7.92 — shares 1953 bl.20 1.05%. Feb. bl.25 Growth Companies Inc Shares Growth Industry Guardian Foundation Fund Inc_10c 6.46 Line 4.58 Incorporated Shares 1 10.30 5.01 Growth 13.11 14.34 8.01 Institutional Bank 85c 94c Institutional Ins Fund—lc Fund „.-16 —10 Bank 62 72 Trust 10 2174 23 74 36 387 55 5? 7a —20 20 66 99 7» 31 Square Y N Guaranty Trust Co Hanover (The) Bank 10.37 Irving Trust 22.21 Kings County Trust 20.71 Long 4.16 4.50 10 Trust Island lc 15.07 16.48 Independence Trust Shares 11.77 12.80 North 1 11.21 12.25 Series 1955 1 5.62 16.99 17.37 Series 1956 1 National 2.66 2.50 20 10.80 9.49 1 2.13 62% 29 V* 3172 100 20 264 50 78 272 51% of Trust Boston City Bank Trust— 1167a 25 1137a Trust_177a _2 4% 10 26 7t 25 York Public Nat'l Bank Bank & & Trust Co 10 United States Trust Casualty & Surety Bid 100 116 48 57s 28 120 20 % 18% 275 285 Chicago Central Bank National 257 375 390 405 420 20 29% 31 205 50 16 46% 48 10 36 37% 10 42 44 36 V2 38 City Bank Bank Union of Commerce National Bank of Detroit Jersey 190 City j First National Bank Los 25 Angeles 25 106 109 100 Security-First National 323 338 Pittsburgh Nat'l Bank & Tr Mellon par Bid 40% 42% 10 887a Continental Ask 5 61 87 V* 457a 12 72 42% 447a' Bank_20 717a 737a Portland Bank National United St. National States Louis Amer 37 39 Bank—20 41% 44% 17 5274 Bank__20 Nat'l Exchange National Boatmen's First National Bank Manufacturers Mercantile Louis 5174 —25 60 63 20 60% & Trust—20 & 100 155 64% 60 Trust Bank Bank 30 48 74 Trust Union Grove 5574 —25 Co Trust 27 & Trust_20 Bank & Trust Mutual St. Bank 165 64 847a 43% Peoples 1st Nat Bank & Tr—20 United City Nat'l Bank and Trust—25 Ask 250 100 Bk Co Cleveland Trust Co.. Tower Insurance Companies Aetna 64% 46V4 Rye National Bank State Bank of Albany New 2.43 Shares— Trade Par Trust Cleveland First Sterling National Investment Trust 2474 Bank National Morgan (J P) & Co Inc 1.31 33 , 1,535 22 20 Brook of Freeport E 399 22% 100 1,495 10 19 7a Manufacturers Trust Co— Trusts— 1.19 Amer Northern 68 06 V* of N Y City 19.16 Co 100 -100 Bank__. National Harris Trust & Savings 38 10 the 9.67 1 America 65% 10 & 20.36 Inc First 14.28 lc Institutional Found Fund Investment Co of Ask 128 124 Bank National Franklin Diversified Trustee Shares— Series Y) Trust Meadow Type 7 6272 100 of 8.72 14.00 Inc. Corp Investment Unit 53 72 Franklin National Bank- Ltd— Institutional 51% Industrial Bank of Commerce_10 Inc__ Fund Wisconsin 11.14 Fund-lc Investors Institutional First 6.34 Fund Bid Par National Co Plains N Federation 13.34 5.91 Fund Companies 47% Trust Fiduciary Trust 4.69 5.80 Whitehall 2.04 1.32% Detroit 5.48 13.62 Washington Mutual 1.87 46 15.19 12.53 Wellington Fund Income 10 53 74 County 12.27 Investors & 39%4 380 5172 22.58 Empire Shares Wall 11.92 Trust & Bank Continental ,-15 37% 368 674 Inc Van Strum & Towne Fund 12.71 1.30% 1954 Ask 60% Fund 11.51 11.57 10 Trust—10 Science 25.83 11.76 100 Corn Exchange Bank & Trust_20 4.29 25.08 1 Co__10 York 22.35 Fund 10.54 1 Mutual Fund Inc Hudson Fund Inc Manhattan the of of New 8.66 Fund Street Investing 1.30% bl.38 21, Chicago—(Cont.) — 66.25 Value 1 Inc—1 Bid York- Chemical Bank 27.86 25.77 Fund Income 1.30% bl.38 bl.38 1.10% 1953 24, Chase National Bank 5.01 Fund bl.38 1954 4, 62.75 Corp Inc Income 1.25% 1954— 17. 14.28 Line Fund United 1.10% bl.35 1954 28, Bankers Trust 13.94 United 14, Jan. Jan. 14.42 Value 7.50 Jan. 0.907* 0.85%- 13.20 Inc Texas shares 0.90% bl.25 Ask bl.25 1953 1954 bl.10 (White 3.10 Tobacco shares 7. 7.91 4.46 stock 31, Jan. bl.15 Bank Farnliam Fund Fund Dec. 1953 1953 Bank Trust of Boston- 2.81 1.95% 2.10% Bid 0.85% 0.85% 10, New 8.89 5.82 6.63 b2.20 b2.25 Treasury Bills 3. 14.42 Investors 4.06 1.95% 6-11-54 6-11-54 >~ 2 9.50 -lc b2.15 1-53 2-53 Ask Bank & Trust dividend Shares shares——lc Bond 1.70% 3-54 5- 3-53 8- bl.25 1953 Par Fund- 6.67 Petroleum shares Ask b2.05 10- Dec. & Clark— Television-Electronics Bid 1-54 Due 4- 11- Dec. 28.61 9.67 shares 2.90% 2.70% 2.35 % bl.20 12, 1953— 19.89 8.67 shares 97.4 19.45 9.28 & 97.18 14.70 17.89 above Stock 98.8 97.10 32 14.40 1 asset on 1007c ex Common 98 1.60% & Clark Scudder, Stevens 98.16 96.28 1958 1-53 7- Dec. 26 247a 1 6.08 Company Priced shares Merchandising (net Inc 101.29 98.8 Dated 3.00% 1.25% 1-53 Dec. 5 Fund Stevens 99.4 101.27 1957 1958 1, 99.8 98.24 1956 1, Rate 5- Nov. 27, 2.50 Inc shares.lc Bond Investing Ask 1.25% 4- Nov. 19.15 5 shares.lc shares__lc Industrial Machinery Oct. bl.60 Due 2-53 3- Nov. 2.92 Inc—lc Inc Quotation 9.36 bond April 172s Bid Canada Trading (Geo) Scudder, 8.44 8.54 1 %s 100.4 United States 4.44 2.66 1 Fund Fund Fund Putnam 5.58 Fully 100.11 100.2 99.25 98.28 1958 15, 99.19 99.23 1955 1, 1, 100.9 1954 2.75% 11.30 Fund & 99.17 1955 15, 15, 17as April 1, 1957 172s Oct. 1, 1957 5.56 preferred Street 9.40 4.74 March 1%s 172s April 3.75 lc England Pine 9.80 8.58 1 72s 100.13 100.25 5.06 1 Series Resources $1.50 9.62 8.94 100.12 100.23 10.35 8.78 Aviation shares Ask 7.29 1 Series i Stock Petroleum 7.91 lc Building shares lc Chemical shares —lc Common (The) Stock Fund_lc Bid 100J1 100.12 1954.: 8.09 Inc Pioneer Group Securities— Automobile shares point a Notes—(Cont.) 9.99 6.67 7.40 Pacific Amer Investors com__10c Utility 99.24 113% 112 12.70 9.14 1 Stock Resources Fund 11.75 1 —i.— Series Growth 2.09 32nds of more or 1954 1954 22, 2.75% 16.39 1 Series Stock 15.27 1 Speculative Series 6.30 Inc l Investors Corp Income 6.18 Steel 1961 Maturity— 1, 15, Dated Bate 11.43 10.52 1 Fund Preferred 19.04 Railroad Canal 3s Treasury 2.50% interest Series Bond lc 2 Investors Inc 12.62 Wide Securities— Custodian Funds Inc— Preferred stock series lc stock series- 12.62 2.30% National Security Series— Balanced Series Franklin RR Panama Ask 2.30% Of 25.38 20c Railroad 100.12 96.20 Federal Intermediate Credit Bank Debentures 15.59 16.39 Shares Trust Nation 33.80 23.74 —10 Inc value asset National Equity Fund Inc — Fidelity Fund Inc 14.34 14.93 Corp— Balanced 1 1 Fund 1 1 Fund 1 Inc Boston Invest 1.99 10.90 HowardFund Mining 99.14 Fund— Shares Mutual 7.07 1.81 10.03 —-1 Dreyfus Fund Inc Low 96.8 1958 Stock : beneficial of Mutual Fund of Net First Boston Corp—. interest Mutual stock—1 1 Diversified Investment Fund.l Dividend Shares 25c Stock Fund beneficial of Fund Diversified Growth General 1957-55 1, 100.10 Indebtedness— of Certificates Trust— Investors Mutual Inc— 'common Electrical 1, 2%s May 100.10 30.81 Bond Massachusetts .Life Fund General 1%S Oct. 100.4 100.4 100.6 18.24 interest—* shares Investors Growth Mass De — shares Steel Ctfs General 100.8 20.93 Metals Non-Ferrous 7.33 Manhattan Gas 100.12 100 Notes— FundvInc—10c Home Massachusetts Futures 100.8 1956 5.14 Industries General 139 29 >/4 Common 1955 1, Bid 4.45 13.22 Fundamental 1, Figures after decimal point represent one 4.08 3.22 12.86 Founders 99.23 Feb. May Maturity— 3.70 . Equipment 27V4 Financial 99.22 1955-54 1, 2%s 2%s U. S. Certificates of Indebtedness & Notes 2.92 Business 12.16 & Feb 100.12 6.63 _lc Automobile shares 11.90 Balanced 2 74s 100.6 100 100.14 for Cooperatives— shares.lc 11.99 17.44 134 100 Fund Stock 100.11 100.10 1, Funds- 11.08 21.25 19.65 —1 7,270 corn—10Q 7,070 . Funds — Looniis Sayles Mutual 16.13 Trust———1 Income — Trust Fund Fund —1 Inc.——,———1 Consolidated Investment Trust.l Eaton 100.9 1954 1954 2%s June 1, 1954 36.43 Ask Bonds— 1954 1, 10.31 Fund— —* Nov. 6.17 25c 27aS 16.47 6.12 Feb. 100.2 100.11 1954 1954 2%s June 1, 18.48 1 Stks)_l —-— Diversified 27aS 15 15, Central Bank 36.45 Stki Composite Delaware 33.41 Stocks)—1 11.38 Com 15.33 Diversified Stki-l Com April point a Bid Bank Land 100 1954 15, March 2.75s 2%s 28.53 . Com 10.08 1 Inc Vegh 26.15 Feb. 2.75s 18.43 16.89 Stks)_l Priced Securities Net asset 10.42 Stocks)—1 Pfd (Low 9.27 Composite Bond & Stock De -1 Bondst Pfd (Speculative Commonwealth Investment Concord 19.64 27.77 (Income preferred :—-- Fund 26.36 18.00 S-3 Fund Christiana 24.16 S-2 Fund Chemical 26.56 1 Bonds) S-4 Shares Century 1 Bonds)_l Bonds) Grade Priced 22.65 General Canada (Low 24.63 Bullock Fund !Jd_ Canadian (Medium B-3 21.06 Invest Street Broad (Investment B-2 19.41 22.97 value asset B-l 12.28 10.40 32nds of more er Federal 1953 Nov. 16, 2.60s one Ask Banks— Loan Home Federal -1 Inc Bowling Green Net Bid 30.90 of America——* Tr Boston Fund Figures after decimal point represent Keystone Custodian Funds— 8(8 1 Holdings Corp— —1 Ridge Mutual Fund Inc__ 1 Corp Ask 30.23 1 9.62 6 November Mutual Inc 11.30 Axe-Houghton Fund "A" Inc_-1 Axe-Houghton Fund "B" Inc~5 Axe-Houghton Stock Fund Inc. 1 Beneficial 4.23 (The) 17.86 Inc—1 Fund Fund 5.25 3.90 1 Johnston Bid Par Mutual Funds- Ask 99c Friday, Obligations of Governmenl Agencies Investing Companies Par Mutual Funds— for Francisco San Illinois 907a lo 137 10 54 7a 56 72 Aetna Life lo 823,* 853/4 Agricultural Insurance Co 10 31 33 Lincoln National Life 10 1747a 10 36 7a 38V2 Maryland 1 10 2674 National Bank & Trust—337a 27 3 4 A—6.25 317a Lgt & Pow 3%S—1983 Southern Bell Tel 3%s 1977 1047a of Amer N T & S Bank 32% 179 y2 American Alliance Aetna Insurance Co 141 Home Insurance Co of North Jersey Insurance Co Amer of N Y__lo Casualty common $2.10 prior preferred 37 34 American Automobile 4 477a 49 7a American Equitable 5 29 31 Massachusetts Bonding 5 24% Fidelity Casualty_5 20 74 21% Merchant Fire Assurance 5 42% 44% (Newark N J)__2 7a 25% 26% Merchants 41% 4372 National Fire Recent 25% American Ins Amer Co American Assur & Re-Insurance American 10 Surety 25 57 y4 59 74 National lo Automobile 82 86 New & Manufacturers 10 Union 104 74 105 Stauffer -1983 103 7/» 104% .1983 106 7« 1067a United .1983 106 7s 106% Wise Hampshire Fire York North River 2274 24 Northeastern 923/4 96 7» Pacific 45 V4 47 74 Fire — Employees Group Assoc Employers Reinsurance • 10 Pederal 45 47 5 23 24% 2.50 3.3373 Pacific 194 10 27% 29 72 7 Duquesne Light 8 Northern 587a 607a -1983 81 84 10 61 64 -1968 105 18% _1983 105% 106 -1983 104 1047a 104 74 105 12.50 Fire 48 74 507» Indemnity Co Peerless Casualty Co 53 5572 Phoenix 10 96 Providence-Washington 10 28% 4 29 30 Fidelity & Deposit of Md_ 10 86 10 x69 74 7174 Reinsurance Corp (NY) (San Fran)__10 617a 63 V2 Republic 25% 26% St Assn of Philadelphia Firemen's Fund Firemen's of Newark 5 General Reinsurance Corpi Glens Falls > Globe & Republic Globe & Great American Hanover Rutgers Fire Fire 1. 10 Paul (Texas) Fire 39»/2 41% 5 57 59 5 ig 1772 5 33 35 Standard 5 42 4372 Travelers & Marine Seaboard Surety Co Security * (New Haven) Springfield Fire & Marine Accident 10 39 41 US Hartford Fire Fidelity lo ig4 169 U S Fire Hartford lo ; Steamboller 45 V4 47 y4 & Guaranty Westchester Fire 104% 1057a 104% Pow 15 & 105 Lgt 4s 100.24 100.26 1027a 1027a 1983 Sept 1961 1973 wi 3%s_ Gas 105% 5 17% Stocks- Ind & Mich Elec 100 89 Fire 105% 1973 3%s 105 10 -1983 199 2%s Treasury 1057a 1067a 1973 Tenn. Gas Trans 5s Chemical Ask 105 Natural Gas 4s—1973 Southern _1984 New 10 104 % 43% 3672 10 Co 10474 46 567a lo Casualty 1973 4 74s. 41% 5 Crum & Forster Inc___ Loan Bid Bonds—(Cont.) Rockland 44 53 Continental Beneficial 106% 2 34 Connecticut General Life 7674 Ask 106 5 5 Fire 7474 -1983 11 Security Issues Casualty New Camden 10 Bid Bonds- Fire Amsterdam 10 Bankers & Shippers Boston Insurance Co 4 51 % 487a 2 10 1272 10 8% 46% Pacific 357a States Finance Power 4s. .1983 104% 105 1959 1017» 101% 4s -1988 44% 357a 755 Gas 5.65% Nat England 4.60% Tenn pfd_l00 103 104 Power— 100 preferred 997a 101 Gas Transmission— 5.85%> 106 1067a 100 preferred Elec Texas 41% 50% 10 Mountain 9% 337a 10 Paso New 30% 49 10 100 El Serv $4.64 pfd 101 102 * 102 104 Texas Power & Lgt— $4.84 1057a preferred 377a 1 52% >.-0 FOOTNOTES FOR 48% 775 Co__2 637a 65% 3 38 7a 407a 2 25% 26% t ♦No par value, b Bid yield price. k admitted to listing Stock Exchange. OVER-THE-COUNTER x on the New York wi y New stock, Ex-dividend, When issued, Ex-rights. ISSUES Number 5271...The Commercial and Financial Chronicle Volume 178 IV (1313) THE COURSE OF BANK CLEARINGS Bank clearings this week will show liminary figures compiled by based us increase compared with a year ago. an Pre¬ telegraphic advices from the chief cities upon of the country, indicate that for the week ended Saturday, Nov. 7, clearings for all cities of the United States for which it is possible to obtain weekly clearings will be 8.2% above those of the corresponding week last year. at $17,987,026,560 against $16,624,363,093 for the there is week in same gain for the week ending Friday of 10.8%. a Our preliminary total stands At this center 1952. Our comparative summary for CLEARINGS—RETURNS BY TELEGRAPH Week Ended Nov. 7— Pennsylvania—Altoona 1952 998,000,000 Boston Bethlehem 620,534,226 + + 3.5 319,300,000 + 9.2 533.542,000 — 473,314,711 + 257,020,459 1.2 1,102,000,000 3,175,862 1,084,000,000 + 3.2 6,015,984 + 0.8 Wilkes-Barre 3,143,722 + 42.3 3,334,741 6,687,375 2,849,981 6,179,63* 2,260,182 7,093,184 4,960,028 + 43.0 4,993,527 17,888,407 12,491,255 + 43.2 11,871,029 11,636,843 S,983,258 + 29.5 11,892,531 11,861,599 1,143,157,103 1,116,802,420 2.4 1,151,612,024 1,130,898,520 York ___ Delaware—Wilmington Jersey—Trenton (11 + Fifth + 6.3 $17,289,888,035 $15,958,999,937 cities, five days— + 8.3 697,138,525 665,363,156 + next week. ends Saturday, and the We cannot + them today, inasmuch Accordingly in the above the last day of the week in all we the elaborate detailed 31. for the the For that week whole country in week same there was appear the week as the 1952. Federal Reserve that in the of ment New 2.0% Outside District credit this in of was they Reserve District Reserve District of 8.3%. We group the cities according this the totals record Reserve District of 2.4%, but decline of 2.4%. we note 41,457,000 5,852,219 8.5 9,255,269 5,602,176 9,699,22* + 8.1 374,435,193 352.061.61P 1,126,626,992 + 7.8 1,059,279,591 992,905,595 of 4.4%. District—Richmond— 3,569,126 16,927,000 3,778,808 17,585,000 191,566,478 191,514,392 5,610,615 293,433,913 90,093,598 5,036,605 285,925,462 + 2.6 261,098,119- 89,557,481 + 0.6 103,166,850 97,193,000 601,200,730 Carolina—Charleston (6 — The cities) Sixth Federal 593,397,748 + 1.3 569,138,200 521,107.583 Nashville _ - Augusta 22,675,823 — _ - In the Cleveland Reserve Dis¬ and Chicago Reserve District has to its and the Minneapolis In the Kansas City Reserve District the totals furnish a SUMMARY OF BANK 2nd 3rd 4th 12 cities York New 5th are 9,350,252,354 smaller Total (10 6th Atlanta Chicago- 8th St. 11th Dallas "12th San Francisco. Total - add now + 2.4 1,126,626,992 + 7.8 1,059,279,591 593,397,748 + 1.3 569,138,200 862,346,760 + 4.4 789,713,505 + 2.9 1,154,499,327 1,182,651,615 636,397,606 + 5.7 620,003,756 621,555,936 44 496,891,057 458,813,274 555,612,696 587,343,075 422,799,624 439,343,001 958,105,222 962,976,296 8.3 + 490,117,412 473,384,271 44 ' 8,237,336 + 18.4 + 24.3 617,290 561,8j6 + 8.2 126,199,002 136,082,133 900,259,875 862,346,760 + 4.4 789,713,505 728,636,870 Reserve District—Chicago— Arbor 1,644,380 _ Wayne Indianapolis South statement 1,515,259 1,683,008 3.6 11,902,033 11,816,984- 3.5 5,517,435 6,752,849 + 13.8 9,337,960 6,731,103 65,901,000 1.9 66.378,000 67,272,000 J ' Haute Terre _ __ 8,929,16$, + 2.2 3,634,107 4,673,40V + 9.8 81,988,757 76,354,143 5,526,943 16.2 5,554,378 1.0 36,643,837 37,196,946 16.2 18,684,108 17,287,317 13,400,016 _ Illinois—Bioomington — — 15,984,714 4,984,930 __ _ -- _ Peoria _ 1,600,746 + 5.6 1,715,818 1,481,710, 901,796,014 875,230,385 + 3.0 872,356,875 910,049,730 5,857,360 8.5 5,279,195 3,773,820 14,045,237 — __ 1,691,118 5,359,011 Chicago Decatur 9,789,849 3,692,142 85,260,408 34,724,992 City 3.9 3,772,300 4,630,191 _ _ Iowa—Cedar Rapids Sioux — 7,406,181 12,274,419 12,939,590 12,224,663 + 14.4 9,174,073 6.994,965 6,110,054 4,515,403 + 8.2 4,267,161 4,676,373 1,191,486,508 _ 7,655,285 4,887,856 _ 1,157,558,361 + 2.9 1,154,499,327 1,182,651,615 _ 16.6 " (17 cities). Eighth Federal Reserve District—St. Louis— Missouri—St. Louis_. 360,200,000 336,100,000 + 7.2 320,300,000 332,500,000 Kentucky:—Louisville 162,642,634 153,687,779 + 5.8 149,562,821 142,382,93th Tennessee—Memphis 147,385,891 144,131,898 + 2.3 147,624,718 144,386,355 2,223,533 2,477,929 —10.3 2,516,217 2,286,651 672,452,058 636,397,606 + 5.7 620,003,756 621,555,9361 8,391,260 Illinois—Quincy Total (4 cities). Ninth Federal Reserve District—Minneapolis— Minnesota—Duluth 8,673,839 Paul St. ' * * ' Hafeh—2 11,924,763 15,231,662 —21.7 16,916,484 14,764,963- 17,675,450,980 16,881,464,506 496,891,057 458,813,274 8.3 490,117,412 473,384,271 8,832,068,254 Montana—Billings Helena Total (7 cities). 8,384,262,601 Tenth Federal Reserve District—Kansas 1951 $ 1950 $ Hampshire—Manchester^— , ■ __ St. + 2.0 + 8.6 4,188,834 4,407,712 4.6 580,216,429 789,762 7,815,012 161,210,706 — - 172,601,669 9,580,824 Joseph 340,223,587 :— 18,123,528 361,400,016 11,544,835 City 8,001,431 18,513,903 ______—— Wichita Missouri—Kansas y 944,132 1,854,949 + 32.1 .3,009,851 1,193,395 _ - Colorado—Colorado Springs Pueblo _ Total 2,823,699 8.3 - 12,027,064 2,734,286 2,923,903 555,612,696 (10 cities) 2,919,023 2,735,664 — + 33.8 988,671 701,860 0.5 — 791,816 624,53* 4.2 — 8,094,433 7,990,04% 6.6 — 176,700,305 + ]L9.7 2.2 + 153,943,590 7,552,01V 8,711,011 """ 18,419,936 13,119.63* - 5.9 13,713,419 6.3 3,362,961 2,596,091 6.4 2,892,308 2,761,436* 5.4 — 354,344,121 4.0 — 588,018,981 290,456,85% 13,561,786 587,343,075 — — 1,787,375 2,098,320 + 20,1 11,258,485 --- 9,143,311 29,963,390 , : 1,626,012 * i -. " 5.1 2,884,795 10,360,654 9,809,882 > 8,509,038 31,593,675 28,562,912 + 12.0 32,635,700 . 3,233,840 10,710,647 - + 10.2 14,064,988 v.1,906,604 7.0 + — 13,516,323 13,815,686 +13.0 29,768,400 +17.3 1,754,107 735,721,594 753,825,234 *6,500,000 Dallas ______— 6,961,785 362,233,765 375,461,451 31,343,125 , Fort Worth 1,530,835 689,939,515 — ' 493,307,840 Eleventh Federal Reserve District—Dallas— Texas—Austin 32,900,774 6.6 — 7,847,340 324,596,437 302,764,050 4.7 — 7,259,487 3.5 — 35,486,085 31,546,6921 696,035,122 32,306,100 Galveston Wichita 6,080,000 Falls— Total (6 cities.) 9,333,000 . 5,349,249 9,336,742 422,799,624 ____— 5,179,853 11,462,881 ____________ Louisiana—Shreveport 439,343,001 " (12 cities). + <) 587,191,367 — 36,886,200 <V"/ 741,667 586,788 Kansas—rTopeka + City992,349 _ 7,489,754 7o '}5,751,630 Island—Providence— 4,552,971 —10.1 + 33,006,652 . 4,182,89V 7,699,580 6,299,784 1,607,723 8,673,167 . , 9,667,590 4,737,428 5,665,001 2,646,519 12,043,817 ; _ 9,805,364 1.2 879,110,762 1,741,987 3,602,016 __ 115,465,208 —12.6 1,018,016,134 3,496,896 2 6,890,695 317,860,000 119,223,852 4,088,768 or 4,720,141 324,409,297 8,511,999 i 1,927,318 9.1 7,441,879 Inc. , • - 7,325,407 + + 13.6 4,136,439 Dec. r / 3.4 309,894,697 106,395,104 Dakota—Fargo Omaha ' 1952 $ + 338,lo4,750 120,864,386 Minneapolis 0.5 — 641,233,327 River- Total 9,440,494 + 93,625,508 _ Wisconsin—Milwaukee Hastings 5,128,257 _ r New 0.6 + Bend Nebraska—Fremont 611,517,557 — Connecticut—Hartford New + + 7,090,256 Dakota—Aberdeen showing the figures for each city for the 1,966,811 Springfield 3thode 1,635,208 7,687,236 — _ 12,896,969 67,140,000 _ 13,366,751 7,336,066 Rapids North 2.1 Lowell >" 8,382,591 South 2.4 _ _ 113,306,348 7,587,658 365,830,491 + Massachusetts—Boston _ 122,807,142 493,307,849 + i Worcester 6.4 — 388,482,988 9,018,843,819 1953 Bedford 3,966,400 89,910,532 588,018,981 17,863,859,205 First Federal Reserve District—Boston— New 5,353,971 4,732,434 111,001,485 3.8 — 18,244,952,000 - Fall 6,971,645 5.8 + 15.0 — 5.4 — 44 . * 19,070,735 85,477,248 </ 267,300,00V 525,873 153,113,197 Lansing 44 detailed — —15.6 728,636,870 1,157,558,361 Clearings at— Portland 1. 7,614,214 18,527,846 653,530 Week Ended Oct. 31 Maine—Bangor 301,900,000 9,756,725 521,107,583 1,130,898,528 week ended Oct. 31 for four years: • 88,574,070 3.7 165,652,554 cities). Seventh Federal 992,905,595 1,151,612,024 672,452,058 Ill cities our 1 1,116,802,420 9,235,574,632 . 8,796,039,884 900,259,875 Outside New York City. We 9,156,629,547 696,035,122 i 1,191,486,508 10 _ 4.3 + 44 6 — + $ 689,939,515 2.0 + 1950 $ 44 7 - 4,136,836 244,324,495 44 .10 _ % 601,200,730 4 City +11.9 141,876,039 _ Orleans Michigan—Ann 44 17 Minneapolis— 1951 or 2.4 — 1,214,013,199 10 7th 20,269,382 4,044,296 _______________ Louisiana—New Total 44 6 Louis 9.168,428,438 1,143,157,103 7 — Richmond—. 30th Kansas Dec. 753,825,234 44 11 Philadelphia 9th Inc. $ 735,721,594 12 — Cleveland 1952 $ Boston.- 4,475,167 CLEARINGS 1953 Week Ended Oct. 31— 1st + 11.4 94,835,868 113,759,581 151,647,013 Mississippi—Vicksburg by Federal Reserve Districts: summary 13,564,000 158,498,930* 308,300,000 3,810,052 - Springfield we 3,390,320 16,399,000 180,418,456 IS',700,000 6,425,440 130,808,936 ______ Alabama—Birmingham Mobile 3 _______ _ Rockford following + 3,580,608 3.7 0.1 — 98,900,776 -. _ — Indiana—Fort in the Boston by 0.5%. In the 5.5 — Reserve District—Atlanta- Georgia—Atlanta Grand improve¬ an by 5.4%, in the Dallas Reserve District by 3.8% and in the San Francisco Reserve District 45,522,800 + 38.0 — gain of 2.4%, the bank located and from are (including this city) a a gain of 2.9%, the St. Louis Reserve District of 5.7% a week ended — gain of 7.8%, in the Richmond Reserve District of 1.3% a Reserve Florida—Jacksonville present further below, we 2.1%, the aggregate of clearings city there which and in the Philadelphia Atlanta increase increase of 1.8%. an Districts York trict the totals show the an of Reserve District the totals register in + 13.8 Tennessee—Knoxville having amounted to $18,241,952,000 against $17,863:859,205 in clearings at this center showing to 210,738,446 364,931,182 1,214,013,199 District of Columbia—Washington.. has to be estimated. cases statement, however, which able to give final and complete results of the previous week are Oct. 8,415,956 412,768,640 407,154,477 cities) Federal Macon In 7,503,671 203,941,799 5.2 10,797,198 , Marvland—Baltimore not available at time of going to press. are + 24.6 8.2 furnish Saturday figures 7,357,454 + 10.7 1 Richmond Complete and exact details for the week covered by the foregoing will issue of 3,081,76S 5,370,670 11,046,048 + Virginia—Norfolk 4.8 $17,987,026,560 $16,624,363,093 cities for week + 3,386,9501 226,034,117 8,626,511 (7 Total Total all + 460,149,007 38,409,600 6,252,054 11,805,638 376,619,122 484,264,791 43,702,000 Virginia—Huntington South all 9,165,540 250,302,682 __ Pennsylvania—Pittsburgh 8.9 3,326,815,780 3,535,692,675 All cities, one day our cities) Youngstown + 14.7 $13,754,195,360 $12,632,184,157 — 2,052,859 3,277,941 West five days 1,367.081 1,291,343 4,308,295 9.5 294,826,009 Other cities, 1,260.574 6,064,698 2.2 + ___ cities, five days Total 1,071,000,000 . 1,488,607 + 22.9 + 12.7 364,716,354 397,229,796 . Baltimore in 1,084.000,000 Philadelphia Reading Total Cleveland Ten 4,038,630 Scranton Columbus 5.5 372,795,976 __ __ 1,002,552 1,272,161 4,962,377 .* Mansfield Francisco $ 1,183,386 + 22.0 1,809,979 Lancaster Cleveland 326,827,056 348,700,000 Pittsburgh + 30.3 1,379,081 1,682,130 Chester Cincinnati 1.9 — City Louis 1,225,979 Fourth Federal Reserve District—Cleveland- 7.1 + 1,017,000,000 _. Kansas San % 836,922,405 — - 1950 $ + 10.8 $8,019,319,150 _ Philadelphia St. 1,597,822 Ohio—Canton Chicago 1951 Dec. 7e * 1953 York $ Third Federal Reserve District—Philadelphia— Total New 1952 $ New the week follows: Week Ended Oct. 31 Inc. or 1953 2.4 — ; —34.9 6,268,000 8,058,000 5,158,460 ' 3.2 5,362,155 + 22.8 9,510,824 — 3.8 388,482,988 — 8.4 + 6.0 4,621,611 4,521,070 7.1 155,885,934 134,272,81% 14.2 66,572,764 62,504,103 — " 10,455,946 365,830.491 • - . / .? . .+ ' '* ' Twelfth Second Federal Reserve District—New York— New York—Albany— .iBinghamton < (_ *2—_ Buffalo ' I» 4. Connecticut—Stamford 2 Lu, 1 cities) ' ¥ ,24,116,355 16,208,115 __ 67T03.721 27,075,782 1 3,376,885 8.4 105,231,078 97,556,651 2,503,834 1,915,891 San 2,202,395 2,086,469 San 1.8 8,843,382,726 8,497,201,905 27,166,878 26,084,292 8.5 18,259,602 18,411,983 6.5 18,935,162 _ 69,960,299 15,311,731 — 149,478,493-' 152,434,434 18,030,714 + — 2.6 Lake + 13.7 + 3.2 62,851,001 Santa + 2.0 9.156,620,547 - (10 56,907,732 , 58,403,140 8,796,039,884 Out6ide 11,072,241 12,129.270 2.3 574,751,615 472,130,963 15,345,086 + 0.3 17,282,996 15,346,467 4,070,063 New Cities) (111 cities) 5,994,990 10,406,140 — —32.1 4,705,408 6.5 15,098,245 — 3,962,230 :i 8,941,132 (■; - ,IH'I 958,105,222 962,976,296 18,244,952,000 17,863,859,205 9,235,574,632 _______ York City •Estimated. 15,824,202 4.5 + 9,732,897 total 15,590,886 12,003,536 501,435,705 15,396,333 Barbara Total + 12.2 11,463,156 - — i. Grand + 513,153,086 - Stockton 54,451,213 65,034,423 City Beach California—Long Pasadena 50,304,907 9,350,252,354 V 9,168,428,438 4,544,945 159,535,657 79,860,973 17,172,589 Jose +14.4 168,438,207 4,816,634 148,137,690 - Francisco Utah—Salt _ 154,301,801 ——* 3,688,633 + v District—San Francisco- _____ Oregon—Portland 2.7 + 8,845,015,386 27,592,614 57,209^680 16,064,222 + 1,855,110 25,328,134 • Yakima 17,957,025 —10.5 2,501,240 17,587,116 2 2.3 + 108,128,367 ij-!T ' L: _ Northern New Jersey (11 . . — 3,702,360 9,006,377,368 . . Syracuse Total (24,486,393 f 1,902,757 York J.—Newark « 2,238,565 _ Rochester N. 23,917(141-1 117,194,015 Elmira Federal Reserve ' Washington—-Seattle 3,801,243 ; — Jamestown New .< 9,018,843,819 i • ■'* 0.5 1,018,016,134 + 2.1 17,675,450,980 +' 2.4 8,832,068,254 — 879,110,767,* 16,881,464,500 * 8,384,262,601 i The Commercial and Financial Chronicle 50 Monday, November 9, 1953 ... (1814) Company Foreign Exchange Rates First the requirement to mortgage Piedmont 1930, the Federal Reserve Bank certifies daily to the Secretary of the Treasury the buying rate for cable transfers on the different countries of the world. We give below a record for the week just passed: FOREIGN EXCHANGE RATES CERTIFIED BY FEDERAL RESERVE BANK TO TREASURY UNDER TARIFF ACT OF 1930 Pursuant and Issue— Pennsylvania Glass of Section 522 of the Tariff Act of First & 3V2 % Northern Spencer Union Chemical Terminal bonds, due bonds, 4.50% Co., Monday Oct. 30 Nov. 3 Australia, pound Belgium, franc _______ .200000" Markka (Metropolitan), 1.020390 .210500 Election .210500 tables. .00435401" nounced Day .00435401" .00435401" .210466 2.810312 .116270 .264100 .264100 .496766" .496766" .496766" Class .0348875 .0349000 .0349000 .0349000 5% .193233" .193233" .193233" .193233* Aircraft .233000 .232910 .232962 Switzerland, franc Union of South Africa, pound .233000 Albany 2.799501 2.799813 Election 2.800539 2.800124 United Kingdom, pound 2.810000 2.810312 Day 2.811093 2.810546 _ Acadia-Atlantic Allen .658327"+ .658327"+ .561797"+ .561797"+ .561797"+ Corp. Vermont .425531"+ Uruguay, peso 6% .531914"+ .531914"t .531914"+ .531914"+ Uruguay, peso .345373" .345473" .341450" .338443" Allied of Rec. 1- Finance 2 12-10 11-20 11-16 11- 61 11-16 11- 2 12- 1 11-16 11-25 11-10 Inc.— 12V2C 50c (s-a)__ common $1.3712 11-25 11-10 (quar.) $1.50 11-25 11-10 i 50c 11-25 11-10 $1 12-23 (quar.)_. __ preferred - Allis-Chalmers Mfg. Co., (quar.) common American Greetings Corp. American Hospital Investment 81 __ ___ (quar.)___ Supply 11-25 (quar.) (4c 12- 5 11-20 12- 1 11-20 12-10 12- 30c preferred (quar.)_. Forging & Socket Co 25c 25c convertible American 12-10 " 1- $1 Machines, (Dallas), preferred 2 12-15 is-a) .___ participating 3(4% Holders (quar.) RR. Participating of merchandise. depends upon type When Payable +12 tic com. 10c American tApplication payments previ¬ +$1.25 Business C.i 5.50% .425531"+ (free rate) an¬ follow with Share Ltd., Reduced .658327"+ peso the (quar.) Radio (R. .425531"+ ♦Nominal. dividends we +30c & .561797"+ Uruguay, show we Refineries, Sugar preferred .425531"+ .658327"+ which A Uruguay, peso Uruguay, peso in table the Then Per .496766" sterling all Name of Company .140154" peso 1476 10 grouped in two separate are indicate we .264125 2.783209 2.782797 .140154" Philippine Islands, Portugal, escudo Sweden, krona first during the current week. second .140154" .140154" 1669 16 1158' ously announced, but which have not yet reached their payment date. ( .116270 .116270 2.782487 2.782178 a the In .210500 ______________— guilder New Zealand, pound— Norway, krone Netherlands, 1 _Nov stock 1 —Dec - issue Dividend announcements 2.810520 .116270 .264100 .210500 2.811041 .21050.0 2.810000 ..Dec —Dec 1966- DIVIDENDS .00285625 .00285625 .00285625 .00285625 franc pound peso 1.020625 .00435401* .210500 . India, Dominion of, rupee Ireland, .326400 .326375 1.020234 .210450 Finland, Mexico, .0352609" .326400 — rupee France .326400 1.020703 dollar Ceylon, this .0428082" .0352609" .0352609" dollar British Malaysia, Malayan Canada, .0428082" .0428082" .0352609" due 1666 10 .0200625 .0200625 Free 3% debentures, •Announcement in .0719820" .0200650 .0428082" Basic 3%% ■}. (' Page Date —Dec stock_ convertible debs. preferred conv. Light & Power Co., Corp., 1 CALLED 2.239541 2.239873 .0200625 Brazil, cruziero— 1978 ISSUE cumulative 4% 1671 .133333" .0719820" 2.239292 2.239043 bonds due Penton Publishing Co., class A stock Pitney-Bowes, Inc., 4>/4% conv. preferred .200000" .133333" .0719820" .0719820" Free S .200000" " • .133333" Preferential Mission $ .133333" .200000" Basic Dec 1165 and Issue— Corp., Connecticut Nov, 5 Nov. 4 $ $ Argentina peso— Carrier Thursday Wednesday Tuesday Nov. 2 Friday mortgage 3% Company Money) (Value in United States 1670 „■ ENTIRE Buying Rate for Cable Transfers in New York Noon Monetary Unit Country and First 1670 1 stock—Nov 30 Dec 1966— second preferred Co.— 1953, INCLUSIVE NOVEMBER 5, 1952 TO 30, 1 1—Dec 1960 due _ OCTOBER Page Date , Corp.— Ry.— 33,4% mortgage . . Sand 12-18 11-27 1 11-16 1 • Statement of Condition of the Twelve of dollars) Nov. 4, 1953 Assets— Gold certificates 1953 20,043,103 — fund for F. 199 gold ctf. reserves 20,896,793 cash Discounts 330,494 and advances Govt, S. Bought + + 462,889 2,761 147,223 1,242,777 — 6,059 — + 100 20,579 841,025 — 1,166 — securities: outright— Bills Certificates 50,000 2,106,312 5,851,541 Notes + 1,903,112 855,825 + 3,666,150 Holdings of Held under dec. (—) + 49,000 25,446,674 + 99,000 + 24,000 + 1,927,112 Investments—total and Total Due P. R. foreign notes securities— cash + 165,0?! banks— items 3,580,623 10~057 — + 136,662 — + + 50,039 + 3 + 23,301 + 189 + 844 Loans 8,848 + to Other 66,393 loans 417,864 + 87,973 Federal Reserve Notes 26,149,894 142,295 + + 650,385 Deposits: carrying securities for purchasing or carrying S. to Treasurer—gen. Foreign 19,778,512 + 444,120 664,069 + 20,503 452,576 — 18,394 375,947 S. + 10,275 acct._ Other 555,432 124,827 — deposits Deferred availability cash items Other liab. and accrued 3,022,050 divs._ 20,017 456,504 + 21,271,104 95,835 — 2,132 — indebtedness liabilities 50,463,065 500,832 + Reserves with with 60,756 — + 1,523 1*53,496 — Total liabilities Ratio of gold to serves note & 584,676 Federal Banks Reserve purchased + 44.1% 83,002 417,864 87,973 0.5 % the ended 881 5,413 3,305 138 577 statement of weekly reporting member Federal Reserve System in leading cities following principal changes for the week 28: Increases of $365 million in loans, $207 holdings of United States Government securi¬ ties, and $724 million in demand deposits adjusted, and decreases of $203 million in United States Government deposits and $215 million in demand deposits credited to domestic banks. Corpmercial, creased $52 industrial, million in and New York City, $29 ber banks. Changes according to industry other press release; it is estimated that the 112 loans in¬ million in increase resulted from the appear about new Commodity Credit Corporation certificates of in an¬ three- issue of interest. 12-11 each + 50 + 3 33 + 248 + + — 724 48 203 Ltd., — 1,273 + 215 + 9 capital (interim) com. of + 28 ' ' " -I ' ' . be found common Mills list a of current details volume were in which the & NOTICE OF Shoe Bank Note Co., Date 6% Terminal Bldgs. Co., Hotel St. George Corp.— 1st preferred stock mtge. bds, due , 1960 Page Nov Dec 3 Nov 1369 7 19 Nov 23 * • Company and Issue— due Dec. 1 1475 bonds, series A, due 1961—. Dec Pacific Western Oil Corp., 3(4 % debentures, due 1964—Dec 1 * 1 1670 North Shore Gas 1960 Co.— 12-21 12- 1 12- 1 11-20 12- 1 11-20 12- 1 11-16 11-20 11-10 $3 12-15 11-10 10-29' 12- 11-16 10-31 12- . 1 I- 2 12- 1 I-15 1- 1 2 (quar.) com. 25c 12- 1 11-18 12- 1 11-13 60c Co., 12-31 12-15' 12 (4c 12-15 (quar.i 12- 1 1- 2 12-21 25c (quar.) 12- 1 11-16 1- 4 11-16' 20c (quar.i. 12-15 $1 Co. Ltd. 11-27 11-16 75c 12-10 11-10 $25c 12- 11-10 + $1.25 1- II-27 1 11-27 2 +20c (quar.i Co., 12- 1 11-16 12- 1 11-16 +$1.25 12- $1.06(4 12- rll-20T 12-15 +$1.25 (year-end) Ltd. ■ & Investment (quar.i Co., 4(4% Mills preferred (quar.i Co. Century Ribbon Mills, Valve Inc. 7% II-14 15c (quar.i: 1-15 12-15 f 12-21 25c preferred (quar.)___! 12- ■ 12- 1 12- 5 2! 60c 12- 5 30c 12-30 75c 12- 11- 12- 12- 56(4c 12- 1 Machine Specialty Stores, Sand Co., common 1 (quar.) & 4(4% pfd. (quar.) 1 12-10 11-14 11-14 11-18 ' — (year-end)— Engineering Corp. 12- 1 11-16 40c 12- 4 11-20 12- 4 j11-20 12- 4 11-20 12- 4 11-20 50c A — Inc. il-25 25c 25c (quar.) class 12-21 1- 4 12- 4 5c (quar.i Special. Bu— Consolidated .,11-24 1 11-24 40c Co. Broadcasting System Commodore Hotel, , 25c Stone Milling & Elevating Co. Special I 12-. 8 1 Milling preferred 4 '11-18 , 1 $1 I 1 12-31 . $3.50 60c (s-al— Enquirer Extra Colonial 11-16 12-15 40c <s-a)__ Mfg., 1 25c (quar.i Aircraft Co. Cessna 11-13' 1 25c (quar.) , Sova 1 Trust— Class Dec 1, 2 $1.25 International 1665 1668 foreign bonds, 11-17 1- 30c — (quar.)— (quar.i— preferred 1272 1057 1569 11-13- 1 + 17 (4c (quar.) (quar.i Bronze 5% Columbia Midi RR. Co., 4% Ltd. Co., Canadian Cincinnati mortgage 334% bonds duo I960— Jan 1 Firestone Tire & Rubber Co., 4(4% preferred stock—_Nov 15 General Outdoor Advertising Co., Inc., 6% pfd. stock—Nov 16 Hanna (M. A.) Co., $4.25 preferred stock I Dec 1 Merchants' National Properties, Inc., debs., due 1958 Dec 1 10-29 2 11-30 12- 9334 (quar.i—l__i_— Canad'an Colorado First 11- 4 +20c 1672 Aberdeen & Rockfish RR.— 11-10 25c (interim). common Vinegars, Cincinnati Page 11-30 11-25 10c <s-a) Extra City Date 11- 11-13 12-15 $1.35 pfd. Refrigerating & Terminals (year-end) Canada & Dominion Sugar Co., Ltd. (quar.) Canada Steamship Lines, Ltd.— 5%. preferred (s-a) " REDEMPTION 11-16 11-30- 50c Chicago Title & Trust Co. Nov 20 11-30 12-13 10c Chapman , 1st mortgage 4(4%-4(4 % bds., due 1955-1960 Maryland Casualty Co., $2.10 prior pfd. stock United Gas Improvement Co., common stock 11-17 32c — E:ftra_ Company and Issue— Bush 12-10 1 $1.05 Rubber, 6% & Pipe Line Canada 12-10 1- 2 12- $1.12(4 _I (quar.i—.—_i— Oil Co. 2 1- 50C ^ Forge Co. Central American 11-25 16 (4 c Inc Co. preferred Carthage TENDERS 12-15 c 40c Sharpe Mfg. Co. Carman given in the "Chronicle." 11-25 j 75c ^ Camden (except where indicated) 11-25 12-15 12c Extra cluding those called under sinking fund provisions. .The date indicates the redemption or last date for making tenders, and the page number gives the location in the 11-30 12-15 60c (quar.) preferred Buffalo corporate bonds, notes, 11-24 +15c $80c (quar.i American Buckeye stocks called for redemption, in¬ 11-18 12-21 Y.)— (N. (quar.) Brunswig Drug Co. Notices 1 12-10 15c (quar.) Brunswick-Balke-Collender Redemption Calls and Sinking Fund 12- 80c 35c (quar.) Ltd— (quar.i—_ — Rubber , -»■«.* W* 11-13 26.7c 1 quar.i Foods, Brown $5 preferred and and (quar.) Co. Brown 556 — Co. Insurance Canada, Co. Brown 849 income & Sons preferred 334% 56 (4 c 45c ! Moon British c 22 (4 c —!— gains preferred 93 '■ 1 Inc.— A, Shippers Mfg. 284 . — 11-13 . America— investment Bristol-Myers Co., 10,622 i n 40c — (quar.i Laboratories Bourne 1,142 — of Co. Boston Woven Hose 1,570 + 1 1 i t 11-10 7 12- (quar.i (Joseph) & Mfg. Blue 378 + 12- 500 Bigelow-Sariford Carpet Co.— 4(4 % preferred (quar.)——v— Black Hills Power & Light, com. (quar.) 1,011 — 11-30 25c for __. Fund preferred Bibb — 2,531 — PARTIAL agricultural District, $25 million each in Chicago and in the St. Louis District, $21 million in the Dallas District, and a total of $189 million at all reporting mem¬ of 47 — 11-20 2 stock common J. Mfg. Co., common Belden 4% the San Francisco fourths $3 Baxter 3,092 — 19,119 banks Below will 21,858 Oct. million in — 106 54,692 banks 2.5% accept¬ for foreign The condition shows 13 — 1 1- 25c 5.40% 4~670 + from Barcalo 3,020 341 — Borrowings — N. Quarterly 1,004 deposits adjusted deposits except government U, S. Government deposits Interbank demand deposits: 46,334 Gondition Statement of Member Banks the + Ur20 12- 12- (quar.) Barber-Ellis 1,293 + 12-15 $1.75 + 12 (4 Bancroft on correspondents of — 11-20 5% _ of Service, preferred Bankers Liabilities— Foreign re¬ Industrial loan commitments™ banks 1,024 29 2 12-15 : Products, Inc. 8.3c 1,079 i — 51,514,460 and F. R, combined 166 25 + 2 11- it (quar.i Axe-Houghton 2,617 banks Demand 14,519 + + 176,440 certificate + + 14,160 _l domestic 27,543 accts, + 8 207 7,449 deposit liabilities Contingent liability ances cap. 34 + Oil 4.20% Domestic 262,736 + — 44 + 11- 11-14 (interim)__ A 4(4% 744,648 Capital Accounts— Capital paid in Surplus (Section 7) Surplus (Section 13b) Other capital accounts. +• 17,251 Time Total — + 2 11-14 tlOc Electric Avon 27 406 185 — 11- 12-15 held) Corp. Class 219 + 4 13 2,388 5,502 6,654 -— of — Cash in vault Balances Total 806 securities 190,791 + + 31,795 U. S. bonds 126,402 — — 7,983 banks loans Treasury bills Treasury//certificates 203 11-16 25c Equipment Corp., 4(4% preferred (quar.) Powder Co. (year-end) from Government securities—total Other + 6,438 loans Treasury notes Member bank—reserve accts. 1,663 2-19 11-20 't share of (one Standard Common pur¬ 724 estate Other U. Liabilities— for securities Real Loans 51,514,460 or dealers and brokers 11-16 1 1 312- (quar.) Co. receipts ord. Automatic Canteen agricultural and industrial, — chasing 4,473 + Products (s-a 1 Atlas 2,706 loans 11-16 12V2c — pfd. (quar.) Stock dividend 2,655 365 29,741 — 5% Co., deposit Argo Oil Corp. 1,584 365 + 8,180 220,000 assets Total assets U. 466 + 1 + American Auto + 1 Anglo-Iranian Oil Ltd.— Atlas 79,538 1,084,921 — premises Other 561,989 + Vitrified Aro 40,915 Commercial, 26,271,414 banks other of Uncollected Bank and loans from American 1952 40,294 12-14 25c ____ (quar.i— Thread 11-16 1 12- 25c preferred 12- Sanitary Corp.— Extra Loans 25c 12-18 30c (quar.) , American Oct. 29, Loans—gross 12-18 1 25c Special 7%; 2 5% Co. (quar.) shares Loans—net . Common (In millions of dollars) Assets— 49,000 1953 Pulley dividend 12-18 1- 40c (quar.)— Radiator & Standard Amer. since Oct. 21, 1953 1,903,112 repurchase agreement Pipe & Construction Co Stock 2 $1.12(2 < quar. t American American 2" 1- 5% , preferred 1- 50c .. Paper Goods Inc. (+ ) or Oct. 28, 50,000 + (quar.) common dividend 4 V2 % of 855~825 — 25,397,674 Ltd., Co., American ber banks follows: ...»■• (quar.i Year-end City, $101 • Metal Stock million in the Cleveland District, $97 million in Chicago, and $77 million in the San Fran¬ cisco District. Time deposits increased $48 million. Borrowings increased $62 million each in the Chicago and San Francisco Districts, and decreased $82 million in the New York District; the net increase at all report¬ ing member banks was $28 million. A summary of assets and liabilities of reporting mem¬ York New 13,773,671 Bonds • 1,390,000 + 198 — 821,979 Industrial loans U. — R. notes Total 1 ____ American City and $106 million at all reporting member banks. Demand deposits adjusted increased $316 million in Nov. 5, 1952 853,690 Redemption Other Oct. 28, : (quar. 1 12- 31 (4 c 28 '/sc (quar.) preference preference 4(4% in New York $109 million decreased securities "other" respectively. $29 million, million and $25 Inc. ( +) or dec. (—) since 40c $1.31(4 preferred $1.25 Treasury bills of j (quar.) 5'/:% increased $16]3 million at all reporting member banks. Holdings of Treasury cer¬ tificates of indebtedness and of Treasury notes increased Federal Reserve Banks Combined thousands Common securities increased $203 million. .Holdings (In purchasing or carrying Loans to brokers and dealers for Illinois— of Co. (quar.) 12- 2 10c 12-14 40c 12-31 12-17 40c 12-31 12-17 * 1st mortgage 4(4% Continental Assurance Extra Co. (Chicago) (quar.) Volume 178 Number 5271... The Commercial and Financial Chronicle Per ? Name of Company Continental Casualty Extra Share Co. (Chicago) <quar.)_ 1— Range Creole Petioieum Co. Corp. Co., Porster (quar.) Corp. Dewey & A 1 11-17 Common 11-16 5% _____ $1.50 12-10 11-24 Kern $1 Dr. ___ 11-30 11-16 5c 12-15 12- Site, Co. & Structural Tar $1 preference A Drug Co.. Driver-Harris Co. B Eagle-Picher Extra Eastern Eaton Sugar Mfg. 5%:,%■ $4.40 conv. 5.65% Corp., pfd. Co.. Fischer (quar.) 1951 (quar.)__ (quar.)__ 1952 series Co.. 11-10 11-25 11-10 1 11-16 12- $1.10 12- 11-16 12- 11-16 12- 11-16 35c 1212- 11-10 50c 12- 11-13 20c 12-15 12- 5 12-15 12- 5 12- 1 10-29 $1.50 11- 1 10-21 25c 1- 2 (quar.) (s-a) (quar.) 5% Extra preferred Foods Gas General Motors 12- 4 12-10 11-25 5 12- 11-25 10-31 $1.25 25c (quar.) 12- 1 12-15 1 Corp., preferred 12- 4 11-13 II-28 12-10 11-12 933/4c (quar.)__ 1 2- 1- 1- 5 General Steel Corp., 2- 1 25c 12- 1 30c 12-31 12-31 Castings Extra preferred General Telephone 4.40%' preferred Corp., 12-31 55c ___ preferred Rubber & 1- (quar.)__ common 55c 1- 59%c 1- (quar.) convertible Tire $1.50 <quar.)_ Co. (quar.)_ 2 New 11-16 12- on common Stock dividend each Golden Good- six Stock 2 12-15 II-30 11-20 11-20 12-23 12-10 25c 12-12 12- & Inc. (quar.) Millfng above preierred (W. 3%--% T.) _____ L (quar.i (quar.i— the effective with Co., & 11-12 12- 11-12 Ferguson 7 Y.i (N. Mica income gains) Fully from (14c and Co. & Ltd — Administered vestment fund Co. 3.75% 7c and income from Guilford-Chester Hammermili 4%%- Engineering 7 % 12- 5% preferred Water 4 %•% Co. $2 5 preferred (J. P.) class Co. preferred Co. A Corp. Harshaw Chemical 4%j% Co., Gas Electric Light, Bakeries Hathaway com. (quar.)___ Inc. Holophane Co. Oil Hordir's, Increased Hoving .» $1.06 V4 1-11 12-10 1-20 11-20 20c 11-25 11-13 (quar.)__ 12%c $1.50 2 12-15 12-10 1- 4 12-21 12- 1 11-19 12-15 30c 12-10 Ltd., 11-20 Peoples 4%%. 12- 1 11-30 12- 1 11-20 1 11-16 Indianapolis Year-end $37%c Water, 12- class A Co. of iquar.)_____— Year-end ._ International .< Products special A been meeting called director's dividend for Corp. of the on stockholders Dec. proposal (quar.) 16 to a outstanding 12- 1 11-10 12-21 11-23 Co. 12-21 11-23 12-21 11-30 Preferred 5V2% Stock 1 11-16 54.80 Iowa preferred Electric Common 4.80% Iowa Corp., (quar.i (quar.)_ Light & Power Public 12-23 12-10 12-23 12-10 30c Service Co., common <quar.)__ 1- 2 12-15 60c (quar.) 1- 2 12-15 35c 12- 1 11-16 1 11-16 4.20% preferred (quar.) $1.05 12- 3.90% preferred (quar.) 1 11-16 preferred (quar.) 97%c 9334c 12- 3.75% 12- 1 11-16 1- 2 11-30 1- 2 11-30 Jamaica 7% Public Service, common (quar.)__ preferred iquar.) $25c x$1.75 11-20 1 11-12 12- 1 11-12 1- 2 12-15 Reed $2.25 1- 4 12-16 Common 12- 1 11-13 $5.50 1 11-13 $4.75 preferred (quar.)——1 11-20 $4.50 preferred (quai\)„ Texas Fund, Texas Gulf 1 11-23 11-30 11-16 j/2c 12-11 12- 12- 11-16 37 4%% 4% Rico Pa.) Stock 1 4—!___ Ctfs. Land of 12-10 12- 11-14 Timken1 Roller 12- 1 11-14 $1.18% 12- 1 Bearing Co. Toronto Elevators, Tranter Mfg. Ltd. 12- 4 Treesweet 11-16 11- 2 Trunkline Gas $5 pfd. 12-15 11-30 11-30 11-25 35c 11-10 11- 2 4 12- 1 11- 12- 1 5% 1 11- 4 Products Co. 2 12-21 11-27 Realization 11-13 12-10 United Cos. (From 12-10 11-12 U. 1 11- 9 1 11- 9 S. 45c Syndicate, Inc. 11-18 Walgreen Co. 1 11-16 12- 4 of (Out 1 (quar.) 12-31 11-20 Whitaker 12- 1 Wilson 12- 1 Wood 50c 12-26 12- 2 Worumbo 12-15 12- 5 12- 11-20 1 11-16 11- 12-10 1- 7 12-17 50c 12- 1 11-16 25c 12- 1 11-10 12- 1 11-10 12- Little, 11-27 Paper 5% H.) Mining Ltd., 50c Rockwell Manufacturing Rockwell Spring & Axle (quar.) (initial)— 11-16 1 2-15 3 11-12 11- 12- 1 11-12 12-16 11-16 1 11-16 11-25 11-10 11-25 12- 11-10 12-15 12- 12-15 11-16 12-11 12- I-14 1 1 I-14 11- 6 12- 1 12- 1 11- 12- 1 11- 6 12- 1 11- 6 II-20 11- 6 25c 5c 6 12- 5 11-18 12- 5 11-18 12-16 II-18 12-18 11-27 $85 12-18 75c 12-10 11-20 II-30 11-16 12- 1 11-27 11-20 11-30 11-12 11-30 11-20 12-15 11-30 $2.50 12- 1 11-12 25c 12- 2 11-17 12- 2 11-17 12- 2 11-17 11-25 11-18 12- 1 11-17 1-15 1-25 12-10 11-24' 12-14 ll^lO 11-30 11-16 12- 11-17 1- 5 12-15 10c 1 12-15 11-20 22%c 12- 1 11-16 12- 1 11-16 12-11 11-13 11-15 10-30 12- 4 11-18 11-25 11-13 $1.50 12- 1 12- 1 11-16 12- 1 11-16 12-28' 11-16 12-14 12-1 11-16 12- 11-15 1 iquar.) _____ 13c 12- 1 1- 2 11-20 12-10 11-16 11-16 $1 100%> Below 12-10 11-16 give the dividends announced we this announced these being' given in the week, Per Gas & Oil Share __^ Ltd }lc Steel Co. Wire Co. (quar.) 11-20 10-30 10-30 Aeroquip 12- 11-16 Aetna 1 conv. pfd. 1 11-20 Aetna-Standard 1 11-10 Affiliated 12-30 11-10 11-16 12-30 11-30 12- 1 11-13 25c 1- 4 11-27 11-15 11- pfd. Airfleets, Alabama 12-15 11-20 12-15 11-20 11-25 11-10 12-28 12-15 12-21 12- 7 11-15 12- 1 50c 12- 5 11-20 50c 12-10 11-20 $3.50 Alliance Allied 10c 12-15 ^-*9 12- 4 10-30 127%C 12-21 12- 1 12- 1 12- 4 12- 4 11-25 35c (quar.)— $1.12% 25c (quar.) Corp.. Co., 10-30 11-18 11-18 11- 6 preferred Mfg. Co. Chemical & Co. — (quar.) (quar.)^ Dye Corp. (quar.)__. (quar.) 12- 1 12- 1 11-16 $1.05 $1.15 1- 2 1- 2 12-11 12-11 50c (quar.i 4.20% pfd. (quar.) 87%c 11-16 11- 2 60c 12-10 12-10 11-13 11-13 40c 11-16 11- 7 20c (quar.) common preferred Power Kid 37%c ——— Special Allied 11-16* 12-1 12- 1 11-30 11-10 12-15 12-15 ^2-15 60c Gas 4.60% 10-30 12- 1 12-15 15c 25c ?5c 110c -—--— (quar.) Inc. prior Alabama (quar.)_— (quar.) (s-a) Reduction Co., Inc. com. 4.50% 11-20 7%c 1 Ltd., common— :___ Shoe Stores, preferred 11-12 11-25 2% (quar.) Agnew-Surpass 5%% —- dividend pfd. 2 35c (quar.i; Engineering Co. 12- 12-12 12-11 40c (quar.) Equipment, Inc., com. Gas Stock Air Corp. 10-30 12-15 10% .____ (quar.) ! Ball & Roller Bearing Co., com. (quar.) 12- $3 dividend) Corp, 12- 12-10 (stock dividend Stock 25c 50c Inc. Addressograph-Multigraph 1 Holdert 11-30 60c (quar.) Industries, 11-15 When• Payable of Rec. 3%: Acme Acme 12- in previous The list does not include divi¬ Name of Comvany Acme 11-15 $25c paid. preceding table. 11-20 5c Co. Co. 11-16 1 3- $2.50 Ltd. !_____ 12-18 $2.25 (quar.) 1 12- +$1.37% (quar.i (s-a) Mines, 2 1- $1 A 12- 62%c • s-a I pfd. Co weeks and not yet 20c $1 Co 5%% 12-15 (Texas)— class preferred preferred 27 %c (quar.) 50c 40c — & Co., dividend 7%c — 11-19 Manufacturing— prior Stock 5% (year-endi (quar.)______ Co Brothers (G. Acme 53 %c 25c ___^ 12-10 75c —_ Supply Co. Wyckoff Steel 12-15 30c (s-a) Co. 12-18 25c (s-a)_ Wright-Hargreaves 11-10 1-15 12-11 $1.75 (quar.) Argentine 1 25c 25c 30c Co., common Arms 11-20 I-15 11-19 9 $75c Insurance preferred Auto 12-15 98%c — 11-19 12-10 50c (year-end) Extra dends (extra i__— 1 75c Western Co.— (quar.) Bit 11-10 12- 12c income) Services guaranteed 12-15 75c Ltd 11-10 1 40c investment Jet 5% » 10-27 1 12- Jersey & Seashore RR.— 25c (quar.) 1 12- Washington Mutual Investors Fund, Inc.— 11- Insurance— preferred 12- 15c (year-end ) 1 11-14 _____ $'1 28c 33c 22%c (s-a) 11-13 — Inc 4 12c 12- 5% Co. pfd. conv. 11-20 (accum.) 4 12- 5%d 12- Corp.— America, 12- 25c (quar.i— Stockyards Corp. (extra) Universal Winding Co., 90c conv. pfd. (quar.) Venezuela 91'4 c preferred 11-27 12-31 12-31 11-17 11-27 12%c sale of securities) on Casualty Co., 11-16 65c Mfg. 12-18 $1.12% United 12- profit 1 (quar.i 8c 3114c 3834c 12-10 10c Co., Ltd.— dep. receipts ord. (interim)— 12-31 — 11-20 12-15 Molasses Amer. 12- ; 11-16 12-15 America— of 25C —___,_ 12-10 62V2C (quar.)_. 6% —__ 5% $1.25 (resumedl 8 — 11-16 12%c — Cigar-Whelan Stores Corp.— 25C Transportation 11-16 12-10 10% (quar.) 12- (quar.i 11-16 12-10 United Science Fund— 12- 12-10 12-10 15c J20c : (quar.) preferred United 11-12 1- (quar.) dividend) (quar.) Corp. Biscuit Co. $4.50 11-13 11-27 (quar.)_ (quar.)__ preferred conv. Common 11-4 12- ,__s. Extra Ulen 15c 30c (year-endl (quar.) Tudor City 12th Unit, 6% preferred (accum.) Tung-Sol Electric com. (quar.) 11-18 15c 11-16 50c 11-19 12-18 11-30 11-16 11-16 12-10 25c (stock Co. 12-10 30c 2 11-16 12-11 85c Tokheim Oil Tank & Pump Co. 1- 11-27 11-27 30c Trust— (year-end) proprietary interest 12-10 12-30 11-27 10r/o shares 25c $3 2 35c (quar.)_ dividend Pacific Sub 1 1- 15c Producing Co. 30c 11-14 income) investment Extra 12-15 : Corp. preferred Robinson (From $2.50 Publishing (annual) Common Inc. Texas 2 11-27 $1.183A $1.12% — (quar.). 1 12-10 2 $1.37.% iquar.) preferred 12- 12- 1 1- 25c (extra) 12- $2.50 12- 1-19 1-19 Eastern Transmission Corp.— West ____ (quar.)__ Mining, Republic (Cleveland) Quarterly 11-20 1 12-15 1 27c iquar.) (quar.) Terminal Tower 25c (quar.i (quar.i convertible Reinhold preferred Welex :_ (quar.) Washington Roller 5% 12- 37V2C 5c (quar.)__ (quar.) Wellman Engineering Co. —'— of (s-a) ; 8 common 1st conv. Remington Co.— iquar.) preferred 25c $1.20 com. preferred 6%' Drug, 8 dividend Ray-O-Vac Bakeries Interstate 1 12- $1 , A Ltd. Taylor & Fenn Co., 4.32% pfd. Telephone Bond & Share Co.— 11-20 12- 12-15 1 2- 25c Superior Tool & Die Co. 12-10 11-20 2- 25c Sun 27 %C 11-16 12-10 5c 10-30 11-30 11-17 (quar.) Steel Metals Quemont class 11- Corp. (quar.) Utilities Providence common Ltd., Co., 12-31 40c preferred Pressed : 11-16 Ray —— (initial)— Inc. Sullivan Consolidated Mines, 75c Corp. preferred a 12- 1-4 Screw r_ (quar.) & Sons, 11- 1 Portsmouth 5c 11-18 1-11 L.) (J. 11-16 ___; Co. & Talbot, 67c stock (quar.i! 1 Stowell preferred 11-16 Pittsburgh & West Virginia Ry. Co. (quar.) Pittsburgh Youngstown & Ashtabula Ry.-— $2 Resistance Stifel $5 (quar.i Suburban Pope shares. International 8% 11-18 10c ___ —_ . 11-25 has consider to declare 12-15 1 com $1.50 (quar.i $3.95 preferred (quar— Philippine- Long Distance Telephone 11-16 Ltd.— Canada, Quarterly 2 Co. — pfd. (quar.) __" 7% Nickel International 1- (quar.) (quar.)_. 8%' preferred 12- 12-31 1 50c 50c 10c $75c t5c (quar.)__ com. 75c (quar.i- Pitney-Bowes, Inc., common (quar.) 4%% preferred (quar.)___ 1 20c 2 (quar.) (quar.) ,___ Co.,,4% (Butler, preferred 12-10 37%c 10-30 Philadelphia Suburban Water Co.— 25c iquar.) iquar.) preferred A Fuel Supply Stetson (John B.) .— Corp.— preferred (Ohio) Co. State 12- 11-20 1-25 12- 40c 60c 9 3 34c 15c (quar.) com. $1.10 Y. 1 Engineering — Pepperell "Mfg. Phelps Dodge t35c preferred Products 11-16 11-15 $1.10 (quar.) Philadelphia Dredging Oil Telephone (quar.)___ 90c (N. Co. preferred? $3.65 12- 334%? 11-17 1 12-12 37%c (s-a— Telephone Common '» t50c Steel !___ (quar.) common Peoples Drug Stores, Inc. Common $30c 12-10 (quar.) (quar.) ———— States convertible Standard 22 %c $1.12% (quar.) — Extra 11-25 57%c 11-17 30c Extra Pennsylvania 11-13 — 12-10 $1.25 common Electric 12-10 com $1.60 12%c (quar—__— Corp. Paragon 12- (initiali Standard 1 12-10 2 Development Co.— IOC Oil Co;, preferred 10c 1 1 12- preferred United Electric Coal _______— 50c 70c pfd. B partic. conv. Indiana 1- 5 Mfg. (quar.)_ (quar.) preferred 12- Co.— (quar.) Insurance Texas 12-15 $$1.50 preferred Co., (quar.) common convertible 12-15 12- , convertible preferred series A Southwestern 12- — (quar.) $1.25 $1.32 10-27 B (year-end) Co. Co. Morgan) Corp., B 12-11 3 90c 60c 25c —— Co. Steel & $1.55 Class 11- 11- for A class and A 11-16 South 50c class 11-13 11-30 12-15 75c 4%% (S. United (quar.) —___ (quar.) Color Co., 5% 12-18 11- Sonotone t$l (quar— _______ — A preferred 4- Smith 11-30 $$1.13 Quarterly — Varnish & 62%c 25c 75c 25c 1- 11-12 11-10 12-15 Ltd.— — common Power Extra 11-27 1 (quar.) (s-ai (quar.) Western Co.— 6% Telephone, 5.6O"; Imperial Co., Power preferred Pacific 12- — Insurance Telephone preferred Pacolet 25c iquar.)_.__ Life preferred 12-10 30c 11-25 $1 (quar.i. (quar.) Co., Saw Manufacturing 32 %c 25c Tail 11-20 12-18 ___ — Co. Power 4.40% 11-14 iquar J Corp.-__- Huttig Sash <te Door Co. Illinois pfd. Power & Oil 11-13 • A & Co. (quar.) Co., preferred 1-11 12-11 Singer 4 12-21 15c of class held) Simonds 11-30 of 75c (quar— preferred Match 5 % 12-10 2 — year-end.) Lighting 6% Ohio 12-1 40c stock 11-13 12-10 j:8c (quar.) Consolidated $1.12% — pfd. prior 5% preferred Fire 5 11-13 12-15 11-27 shares 20 share (one $1.06 >4 common (quar.) preferred $3.60 1 iquar.) 1 Ohio Light preferred Pacific ___ (quar.) 5% Corp Inc, Houston Gas, Rug, Hightstown Honolulu & Scotia 4% dividend 75c Ltd RR. National 11-17 1- Pineapple Co., Ltd HazebAtlas Glass Co. (quar.) Oil Northwestern 11-17 12- (quar.) Co., — .__ $1.07 ___ Co., Corp., Pennsy'vania 1 48%c pfd. Hawaiian Hiawatha North (quar.) A (quar.) — each 12-15 50c (quar.) (quar.) — 11-30 $1.12% iquar.) 3.90% Lime class Gas, - « — B 2c ! (quar.i (quar.) Mining 12- 1- 1-15 20c preferred $4.40 (quar.t—_ common convertible' preferred Hartford England $3 & (quar.) Extra 25c 15c ________ preference conv. Oil 12- 10c Corp. Extra L (quar.) Mills Cylinder Normetal Palace iquar.) Signal 11-16 30c ^ Manufacturiirg 30c preferred (quar.i 43/4% preferred (quar.) National Dairy Products Corp. (quar.) National Rubber Machinery (quar.) Neiman-Marcus, 4 '4 %' preferred (quar.i Otter Harbison-Walker Refractories Co.— 6% 11-30 (quar.— 4'A % 25c ________ 12-15 1-16 1 75c $1.25 Tool & Paper 44c (quar.» 11-16 Extra 1 12- 50c (W.~ A.7~Pen~"co."Tquai~")" Sheaffer 28c .__ • National 11-17 in¬ —__— 1 common.. Year-end iquar.) 12- .\, "* Sheller Texas (quar.) Machine Nachman Ohio (qaur.) common 11-20 $1.25 ■. Vernon-Woodbury Mills, Inc. Muskegon Motor Specialties Co.— capital (quart) 12-10 4 9334c iquar.) Mount $1.50 Paper Co., preferred 12-10 2 .__ (quar.) Extrfli RR.— Co., preferred Mosinee in¬ $1 2 1- Co. & Extra (accum.) Utilities Morgan 11-20 15c 1- 12- Inc. t5c (quar.) Extra 4 11- _ 12-10 10c Monarch 11-27 2 12-15 (s-a) 2 50c preferred Missouri 12-24 11-16 Corp. 1- D.) -10 12- 60c — (quar.)—. (increased quar.) Roebuck 12-23 5c 75c $1 85c I2V2C ,(quar.) (quar.) Williams, (G. — (quar.) 12-15 12-15 $2 50c 50c (quar.) Co. common J50c ; (interim) (quar.) convertible preferred 6% — Aircraft 25c 25% Extra 5% 11-13 15c gSainsi Grumman Sears, 50c ._ (s-a) Missouri-Kansas-Texas 1 11-30 Searle 12-20 50c :____ Canada of Common 12- 20c 12-20 2 62 %c ! 4 % % 90c net 2 1- 37 %c (quar— (quar.) common Minnesota Pwr. & Light Co., new com. (initial) 11-16 capital from 1- Minneapolis-Honeywell Regulator— 11-13 . (8c 15c 12 %c t50c ; Engineering i dividend & 75c (quar.i Telephone, Co. 1 (s-a) net from 6c Scott (quar.) Brick 1- 4 10c 12'/2c - (reduced)— preferred 40c . Mining Corp. of Canada, Ltd. Ohio fund stock 11-16 preferred 40c . Extra 12-21 Securities— vestment 1 cos. 5% preferred (s-a) •______ Merritt-Chapman & Scott Corp. (quar.) 12- (quar.i $1.80 prior pfd. Indemnity 12- of !_ (quar.)__! Machine 25c 93%c (quar.) Knight Co., Common _ 11-18 1- $3.40 after :__ Meadville 37%c iquar.) __' common 11-16 tl5c name new recently, G. Harry McNeil $2.50 is-a) $4 1 25c Ltd. is company became Drilling Co., 3% .__ 11-13 12- 62 %c Co. Co., 11-16 1- 4 I2V2C (quar.) Corp. 12- 12 %c (quar.) (quar.) Inc. Holder* 1 5% (interim) Co. Fisher J25c Ltd Co., Extra Nova dividend 1 preferred Graton 12- 25c common 11-27 50c (s-a) __- (quar.) Electric Stock & Paper 25c + Products, Co. Mclvor 11-16 12-31 1 Scott f25c ; Ltd C.) Leaf McGraw New 11-30 $1 16%% (quar.) Rubber— stock 1 Inc., 1 fox- common pfd. 4% 10%- Great; American >•.. of held) Ltd., Corp.__ Tire Year-end Graflfix. Group share (one Co., _______ dividend Goodyear Grant (quar.) shares State Humor 5% Co. 11-14 Lawrence Stock _____ Machine Gisholt 3 Haynes Mfg. Joseph Lead pay¬ (quar.) Maytag Co. Ej$tra__ 9 12-10 50c / Sayre 12- meeting held Nov.-2. merger 12-15 30c dividend).— St. 12-11 Class action no Mines, (R. name 12-18 100% iquar.) (stock (initial) common 12-30 2 100% .____ Products Co. Gerber St. 5 Massey-Harris & Co., Ltd. The change of <12-18 pfd. (quar.) Corp., com. (quar.) 11-13 1- 1- 50c Corp. 12-18 2 5% 11-20 & > Payable of Ree, $1.25 (quar.) ord. When 51 $1.25... (quar.) preferred A 37%c Management Sagamore 4 $1.25 (quar.) Plywood took Ltd. This Royalties Ryerson 50c _J— dividend) (stock Massey-Harris-Ferguson, 4 80c preferred General _ — Masonite 11-16 $1 (quar.) common 2 12- 25c ________ 1- 60c (quar.) (quar.) .. (quar.); Calculators, Inc. 5 25c Corp. Corp. —_ (quar.) Marchant II-16 12- (quar.) (quar.i MacGregor Sport Maple 4 12-26 11-14 25c (quar.)_.— Co. Inc. (quar.i at Macassa 11-25 1- 12-15 25c (s-a) (quar. i__ Lovvney, Mahon 12- 1- 11-25 8 preferred Crown Bottling, common preferred (quar.)_ 5% 5c — 11-16 2 50c ; General General 12-15 1 I- $1 Corp. Corp. 2 12- 50c . (quar.)_ American 1- 15c $30c 12-14 Royal Aircraft Corp.— ment 12-15 (quar.)___ preferred Oil Directors 11-10 $1.12% 10c $1 11-16 $1.10 11-13 .__ (s-a)____.— Co. D.) Lockheed 11-16 12- Machine G.), preferred (H. 11-16 12- (s-a) common, Candy General 11-25 $1.37% (quar.)___ A Flying Tiger Lines, <!4.75% 1 11-16 (quar.) class A pfd. Co. class General $6 12- 10c H.) General $5 12-18 30c preferred conv. Co., preferred $3.75 11-12 11-16 12- quar.) (quar.)_ Year-end $4 11-20 11-19 12-15 $1.41'A (increased common 6%, Ltd.. Flintkote ,12-10 12- Participating (M. 11-20 $1.02% (quar.) Porter Fishman 12-10 $1.06(4 .■ series conv. Fairbanks Fittings, 10-29 $1.34 (quar.)__ (s-ai & 2 $1.06'A preferred Corp., preferred Co. 11-13 11- 11-13 1 Extra Co. 1 1 12- 15c quar.) (quar.) common Corp. 11-13 50c (quar.)__ Co., Lehman 12- 11-20 $1.25 $2 Resistor $1.20 Essex pfd. & Lion 12-11 11-20 12- >0.1176 Shares common 12-22 $4 (quar.) convertible Equity Erie 2 50c $2 Equitable Gas Co. common 4.50% I- 11-16 4 15c Share (quar.) common Rolls-Royce,. Ltd.— Amer. dep. receipts 25c (R. preferred $2.50 Lee 11-16 10c Pfd. Arner. A, (increased Monotype Inc., Leath 1 30c :_ preferred pfd. preferred 12- 2 $15c _ (quar.) 2nd 2 I- 30c Ltd 2nd 2nd 1- 1 12-21 $1.50 (quar.) preferred $4.40 2- S Co. 12- 4 20c Industries Gas Tourneau Lear, series 15c -■ , Extra- 12-21 50c preferred 11-13 15c (quar.) preferred 12-15 11-13 15c (s-ai convertible $4.25 1 1-15 50c (reducedl___ A com. Gas, 4.10% preierred (quar.) 5.3ft'; 12- 1-15 $1.75 —; 414% Lanston 25c iquar.) Natural Paso 11-18 1 $1 Associates, Co. 12- }25c . 1 Extra El ; (quar.)__ Co. Lansing Stamping Co. }10c (quar.) preferred Mines, 11-10 5% (quar.) Daniel Sullivan East 11-20 $i0c . Early-& France Laclede Ltd.— (quar.) Co. Consolidada La Le (reduced) preferred La 12-11 10-30 15c (quar. )___•_ Co., common 7% 12-11 12-21 Ltd.— (quar.) Hosiery Mills, Common 6% Ltd. iquar.) Co., preferred Durham Steel, & Chemical Dow 12-21 11-10 $$1.25 ^Chemical iquar.) 1 Common Corp., iquar.) Dominion $4 ;___; (quar.) Anglo Investment preferred _ (quar.) .— (quar.) Co., prior 5r/o 1 30c (quar.) (quar.) (Calif.), common Creamery preferred 25c Inc. iquar. I 5% 11-17 25C $1 Co. 11-17 1212- common preferred 15c Mfg. 11-30 (quar.) Year-end 60c 20c Co. convertible Knudsen 1 & 62% c Industries, Oil Per Name of Company 32 %c Extra Kerr-McGee Co.— Clay Dominion Dow 11-10 $1.75 !___ I_ Chemical S.) Pepper 5% 11-24 11-30 Holdert Rockwood (quar.) Land County When Payable of Rec. Corp.— (quar.) preferred $1.20 (quar.) Industrial Dominion 12-10 4c (quar.) (quar.) (W. Dickinson Kaiser Aluminum & Chemical 12- Year-end Dickey 11-17 Corp.— (s-a) Almy Increased class Securities 7%', preferred Culver 1 12-14 _. Finance & 12- Share Name of Company 20c (quar.) 'Special? Crown Per Holder < Payable of Rec. 50c Copper Crum 50c When (1815) 11-16 52 The Commercial and Financial Chronicle (1816) ^ Per Share Same of Company Allied Laboratories, Extra 4% pfd. Alloy Inc. (quar.) _—-— Steel Cast Alum'num $3.75 Co. of America, Co. (yearl-fend)_-~- 4% —— common (quar.) ___ preferred (quar.)—_— ___— (quar.)_ prelerred (quar.) Amalgamated Leather Cos., Inc. 6% cony, preferred (quar.) American Airlines Inc.; common 3%% conv. preferred (quar.) 514% 2nd preferred 2nd Automobile American (St. American 4'A% — Bakeries Can American & Common Furniture American Gas American Co. Products American Ice Co., 6 % American Machine & Co., News 25c 15c 5c <quar.)_ (bi-monthly) Seating Co. American Steel Building Clayton Arcade Farms partic. Corp. 4'A% 8 12-18 12-10 11-14 10-30 (quar.) Die Co. and 71 Gold Bulolo trating 11-13 12-10 11-25 Mills 11-25 11-20 4% 11-16 11- Public Terminal Butler 4'/2% Steel 12-15 12- 1 Byron 12-15 12- 1 California 12- 1 California 12-15 12- 1 Stock Jackson $3.75 pfd. pfd. 5.25% Associated Class Atlanta & 6 Co. 15c — 25c 11-16 12- 1 12-21 10-31 (quar.)_ 10% 37'Ac (quar.) Power Co. Co., com. (quar.) — Corp. (quar.) 5.36% conv. 12-15 11-25 5.20 % conv. 11-10 Campbell. 10-16 Canada Line Class Canada (Initial & liquidating) cash Pacific RR. Fractional Atlantic Co., Avondale Ayshire Mills Collieries Stock dividend share be Baltimore pfd. (quar.) of Iron pfd. (A. 2 t85c 12-1L 11-11 Cunningham $25c 12- 1 11-13 Curtis Co. Canadian $10c 12- 1 11-13 Curtis 12-15 11-30 Canadian 12- 8 11- 6 Canadian 75c 93%c 12- 1 11- 6 4'A % & 12-15 12- 1 Canadian 12-15 12- 1 Capital 12- 1 11-13 12- 1 11-13 $1.50 12- 1 11-13 12-22 12-15 Carrier 12- 10-30 Catelli $1.25 3 12-17 $1.25 12-11 11-13 12-11 $1 12-11 11-13 11-10 Coal 11-16 10-30' 50c 12-15 11-20 Common 12- 1 Central Illinois 11-10 4% 31'Ac 11-10 10-27 4.92% 31'Ac 11-10 10-27 5»A% 12- 11-14- 1 25c y12-18 12- 12-15 12- 1 3-.15 3- 1 $1 12- 8 11- 12- 8 11- 6 Guaranty 2 1- 12- preferred preferred Steel (Phila.), preferred Biaw-Knox Co. 11- 3 11-27 11-16 11- 12- 11-16 Chase Chenango & 1 2 12- 1 11-16 1 11-16 12- 3 11-10 30c 12- 1 12- 1 11-13 Class A 11-13 Chilton 1 11-10 Cincinnati ^ 50c 11-16 10-26 1 2 11- 9 Clark 12- 4 Claude 12-23 12- Cleveland 25c 62'Ac 12-12 1 1- 12-1 2 1211- 11-16 1- 2 8 12-24 11-16 12-16 11-20 20c -A 11-13 11-10 11-10 10-31 12-24 12-12 25c 12-24 12-15 1 Di (quar.I Co. 1- 2 12- 8 11-20 11-10 11-16 10-30 1-15 12-30 11-16 11- 75c 12- 11-14 1 25c 12- 12- 11-20 1 11-10 25c 11-13 11- 25c 11-16 12- 1 11-20 7% guaranteed Clinton Foods, Common 4'A% Clorox Club > convertible Chemical Aluminum Foil Special (monthly) 12- 10c 12- 1 11-16 1- 2 Co. preferred -(quar.)_^ (increased quar.)_____ 1- 2 11-25 Products Co. 75c Co.__ ioc (quar.)__^ Cockshutt Farm , 25c .11-30 12-12 11-16 ' 12- 1 11-13 Boeing , (Sidney) & Co.. Inc.""(quar-.2Sc J' Airplane, Co. (year-fend) Eohn Aluminum & Brass Corp. (increased)- \ ,12-1 10-29 Equipment Ltd. (quar.)___ $25c -12- 1 •,11-17 $2.50 11-28 11-12 35c 12-15 12- 1 Collins Aikman & Coldrado Central Extra— Corp, Power 1_1 (quar.) (quar.) 11-14 10-20 12-31 12-15 ^ ' 1 . • * 40c " '12- 1 "• 11-17 ________ 10c-\v 1- 2 12-17 12- 4 12-24 12- 4 $1.75 12- 1 11-16 30c 12- 1 12- 11-18 11-14 11-16 10-27 50c 12-17 $37'Ac (quar.)_ A 1 25c class 12- 3 50c 1- 2 12- 8 12- 1 11-10 30c 12- 1 11-13 30c common — . to I. C. 3 $2 ' — C. 3 12- 11-. 9 3 12- $2 — (subject 12- 30c (quar.) (quar.) 12-15 11- 9 11- 9 , / 12- 4 ap¬ 50% Fund Investment from 11-16 11^ 5 11-16 10-17 11-16 10-17 4 11-16 1 6 in¬ security from 3c and income (9c 11- 25c (quar.) 11-20 25c .___ 12- 12- 35c (quar.) 12-15 90c 50C Stock Yard 12-18 75c 1st preferred (8-a)_ 12-30 12c 11-16 11- 2 45c 12-19 12- 4 25c 12- 1 1 11-14 11-14 11-17 25c 11-30 11-17 25c 12-15, pref. 1 (quar.) (quar.) Ltd. Stores, (quar.) Z ■ ; Dominguez Oil Fields Co.— Donohue Oil Co. Chemical 4% Corp., preferred (quar.) U. S. A. (increased Common preferred Duriron. 5% Paper Electric Electrolux Stock Ely $5 Railroad Co. 1- 2' 12-. 4 11-16-* 12-15 11-20 $lr,4 \2-jL; ,'-ll-ltf (quar.) Steel Corp., -12-15 lk*6 12-26 11-19 12-26 25c- 11-19 25c 11-27 11-10 25c 11-14 10-15 $1.25 \ 12--1 11-13 15c (quar.) il-10 10-20 — com. (quar.) Co.— preferred (quar.) _____——_ Erlanger Mills Corp., common (quar.)Jl_— 4'A% prior preferred (quar.)—1_ Faber Coe & Gregg (quar.) Morse Sugar Ut30 12—, 4 5% (quar.) - Fajardo 11-19 15c -• Co. preferred & ]fi-25ri 2,. 30c dividend Forge .. \ $5 1 .4^25 1- - 50c (quar.)_4 Mfg. Co. (quar.) Empire District Electric Co.— 5% 11-21 1, 12-16 $1.50 — — Emhart Erie 12- $1.75 — (quar.) Walker Dry Goods & 14-24 • Corp. National Watch Elgin ■ Rubber & 12-10. 25c (year-end) Corp. Hose J 0-34, 31'Ac —4— Associates Utilities 11-14 (Md.)— Corp. preferred A (accum.) $6 preferred B (accum. 1 Eastern 12-10 17'Ac (quar.)^_ Lines, Inc. (s-a)— 12-10 40c preferred Air 12-23 , 12-10 $30c 4.80% pfd. (quar.) Inc., common (quar.) 1——_ States 2. 6 6 11- 6 717/»c quar.) (quar.)______ (quar.) Ltd.. Fferes, 1- 50c , 35c Dun & Bradstreet, Inc. Dupuis 1111- 11-16 — * 53A% 10-20 11-14.11-14 35c (quar.) — Drewry's Ltd. 12-10%, , n-,25. 25c (quar.) com. 11, 4 10c (quar.) common 11-4 , 11-20, 2'A% (stock preferred convertible Dravo 11-25 2'Ac California (quar.)—_— dividend)— of Co. Company, 11-14 11-25 $1.50 Drackett 12-; 1 - 1 $1 (quar.) Extra. Dow 12- $30c (quar.) Ltd. Brothers, Aircraft Douglas e « , Monthly Monthly Fairbanks (quar.)ll;J._ii__l_*^-3' 28c:? 4 12-24 11-17 r 11- 6 50c 87'Ac com. 12- 12-15 Erie Colgate-Palmolive-Peet Co., $3.50 preferred (quar.) 2 11-30 1 12- 4 1- $15c 11-10 "12-12 "1 - .-25c _T_— 6 12- $62'Ac 5% 12-16 12-10 $1.12'A 1 4 2 15c (quar.)__— 12- .11- 1- 75c — (quar.)_ Dominion 12-16 _____ 11-30 10-30 4 10c common 12-21 60c $1.75 11-13 10-20 87'Ac (quar.) Inc., 2 $30c Eddy (monthly) 11- 37'Ac Bridge Co., Ltd. (quar.) Engineering Works Ltd. (s-a) Dominion Scottish Investments, Ltd.— Eastern 11-10 11-16 Dominion Eastern 1 87'Ac 10-30 11-14 12- 12-15 11- 2 50c 6 12-29 12- 10-30 12- 11- $2 11-25 12-15 11-15 11-13 1 2 11-16 12- 1-2-54 10-15 12- 12- 20c 11-10 65c 11-16 $$2 25c 12-31 $1.12'A 11-17 $1.05 (quar.) pfd. 7% $7 (quar.) 11-10 $40c ioc (quar.) 1 1 12-15 $50c — (increased quar.) Houses, Inc. (quar.) 50c 1 12- 12- 2 11- 12-18' - 50c Cup Co. 20c !_ 12-15 28'Ac Extra 10-15 50c (quar.) 12-10 1-2-54 Dominion Illuminating Co.— preferred Cochran . JBlumenthal 5% $2.50 35c Dodge Mfg. Corp. 11-20 1 10-25 . 933Ac (quar.)— -4. B 11-13 10-31 11-16 Door dividend vestment .. . 8c - profits) Dixie 5 12-16 12'Ac ' (year-end) Electric 1 11-14 Giorgio Fruit Corp., class A (quar.). Douglas 11-15 50c (quar.) 11-13 1 12- $$1.25 Mfg., Class A Union Class 10-21 $1.12'A i__ Corp. 12- 2 (quar.) preferred 4% & 11- 11-10 Airlines. S Diversified 11-10 15c 50c t Distribution of r7c representing approximately the undistributed net ordinary, income earned in 1953 and 18c repre-.i '• senting ,part. of the undistributed net long-term capital gains realized in 195325c 12- 50c Pittsburgh RR.— guaranteed (quar.) 4% * 10-31 75c 5% 11-20 11-25 50c (quar.) 1 $17'Ac (quar.) Cleveland & 11-16 (quar.) . 12-14 12-14 50c 30c Machine Common 2 12-16 (quar.) L.) Clearing $1.18% (quar.)_ -... 12-15 Neon, .Inc, 11-25 $4.50 - Inc. Derby Gas & Electric (quar.) Oetrolt-Mlchigan Stove Co.— Unadilla Telephone Corp.— Gas (D. 12-10 35c (quar.)_i.-u_i.-( 1 (quar.) Electric, com. City Auto Stamping Co. (quar.) 15c $1.06'A Inc.— 1- (quar.) Compeny 11-13 1 (increased) com. 12-15 $1.12'A Cab Co. Inc. Chiksan Company (quar.) 1 30c C.) 1 ___ 12- 1- 10-31 1- 50c Y.) (N. 11-2 1 12- 11-30 40c $4.20 pfd. (quar.)_ Co., Ltd. (s-a) Tramway Corp., Denver 10-30 11-16 $1.19 (quar.) Yellow 12- 12- Bank Chicago 12- $1 Engineering 12- $50c $50c proval) Denver Chicago & Eastern Illinois RR.— 25c .j__ 11-30 21c preferred (quar.) Chesapeake Corp. of Virginia (quar.) Chicago Corp; $3 preferred (quar.): Electric— Co., 11-14 com. 4'A% $1.06'A 2'A% Blue Ridge Insurance (N. Blue Ridge Mutual Fund, 11-25 50c Ltd., common Stock 11-14 1 1 (quar.)_ National (quar.)- ____: Corp., $4.50 preferred (quar.) Channing Corp. (quar.) 11-13 12'/2C $1.75 Tobacco preferred Co. 11-16 (quar.) Brothers 1 12- 12'Ac 12- 12- - 12- Champion Paper & Fibre Co.— Common (increased). 17'Ac common 12-10 (quar.) Denver & Rio Grande Western- 10-31 (quar.) 11- 3 : (quar.) dividend Co. 12-1 at <quar.l__' 11-16 $1.03 $25c ___ 12-18 1 Chambersburg common & 11-25 75c debenture Dobbs Service 12-14 $1.183A 4.75% 12-10 Oil Corp & Voting 12-18 12-31 5% Electric Common com. 12-18 12-31 dividend 25c (quar.) 12-31 25c (quar.) (quar.) 1-4 (quar.) Co. 11425 62'Ac common Inc., Company, C. 8% 11-20 29c Public Chain 1 12-10 Corp.— 12-21 Belt 12-11 $1.12'A 11-16 Stock 2 1- $1.17'A 8 (quar.) Corp., 11-27 (quar.) (quar.) preferred ___i_ preferred com. $75c (quar.) 11-16 quarterly 4.15% Corp. pfd. (quar. 1 Blackstone Valley Gas Co., (quar.) preferred 16'Ac (quar.) 1 12-18 $1 West Vermont Century 12- 55c __ $1.23 11-27 October 23) Electric South 10c com. ll-t20 12-10 Stores, Inc. (quar.) (year-end) $7 pfd. (quar.)__ <quar.)__— preferred 12-10 $1.31'A Electric <fe Central 4 $1.25 ______ (quar.) Louisiana 4.70% & Dennison 12*19 1- Co.— I2V2C (resumed) omitted 12-10 preferred (quar.) Metallic Inc. Common 1-2-54 $3 (quar.) Increased Co. _____ 10-20 (quar.) preferred 4.50% 7 11-10 30c 4.75% 1- 10-20 $1.12'A Service preferred Central 6 $4 11-10 (quar.) preferred Central 4 2'A% 11-14 11-14. $$2.50 (quar.) : 12-15 1-2-54' 15c Co., Sons, Rock Deep 7%' $1.05 (quar.) 11-10 50c pfd. (quar.)__ pid. (quar.) $2 Ltd. Corp., Leather, Deere 50c (quar.) Public Davis 11-25 11-30 (special)-^ pfd. 12-16 11-30 $1.13 (quai.)— Dahlstrom 11-16 1 11-30 (quar.) common (s-a) Coke & preferred $46 11-20 7 A Daystrom, 12-10 $25c preference 4'A% 12- Class Cushman's 12- $12c ; Co., 50c Black Sivalls & Bryson, Stock (quar.) preferred (quar.)___ Canada Investments, Ltd. Central Mfg. Publishing Delta 5% (quar.) preferred Blauner's 4.20% 40c 2 50c Co., common $56c 11-27 (quar.) Trictor 1 12- 4 1- (quar.)__ preferred (quar.)— 8% preferred 50c Foundry Co., (quar.) 11-27 12-10 (quar.) Illinois Light (s-a)__ 12-10 (quar.)__ common Co. Central pfd. 11- (increased) Central Fine Bethlehem 4.25% A B Central by cash 10-30 11-16 35c $46 of 11-16 (quar.)__ Western Spinning Associates Best & Company (quar.)__ * Birtman Class Class Caterpillar 5% 1-15-54 $$1.25 35c pfd. Products— Food 50c pfd. $$1.12'A 55c 5% Co., Press, 3'A% $4 12-30 (quar.)— Steel 10-23 Extra 4'A% Berkshire Co. 10-15 11-14 Pass Curtiss-Wright - Corp. 1 11-30 $12'Ac (s-a) Paper Co., 4 __ (quar.) Ltd., \lnc. Carpenter 11-13 12- Ltd. Trust, Extra 11-13 12-11 $1.25 (quar.) Co. Utilities, Estates, Carpenter $41 $1.25 Co., Ltd. (s_a) Ltd Co., Investment Cos., Carborundum" 1 12- $25c Refractories, Ltd.— preferred (quar.)__. 1 40d $1.31 Vi pfd. (quar.) Corp. (dividend Gossett Oil 12- $$1.25 Foundry Co., Ltd.— Inter. 10-14 1 12-11 (quar.) Drug Canadian-Fairbanks-Morse 11-30 common Belding Heminway Co. Coal 11-30 preferred- Bell & Howell Nest 11- Corp on Corp., 12-15 (quar.) meeting held Seal, 12-15 quar.) (quar.) Aircraft & Zellerbach 12- dividend i Mortgage Shoe Seal Cork Crown 62Vic 27Vic 34%c 37Vic 20c S.) 4%% Beech & Crown Cuneo (quar.) com. Cork 2 Crum &r Foster. $1.25 Mills, Inc., Crown 11- 11-16 Crow's J$1.25 (quar.) — Dredge & Dock, Ltd. 12-15 '11-14 12- 20c — 4'A% Co.. Sexton & 3 ■ Laboratories Cribben 2 11- Canadian 12-15 2 12-31 5% Fund, 11- 11-23 Bearings Co .of America Keaunit 9-30 11-16 $25c Bathurst Power & Paper Ltd., class A (quar.) Class B Baxter $6c (quar.) A 11-25 2 50c (interim) Shoe, 5% pfd. (s-a) — 3%% preferred (quar.) — Company, Class & 11-20 1- 31'Ac (quar.) dep. receipts for ordinary Amer. Craddock-Terry Crane pfd. 1 Ltd.— 10-30 2 10c & Works Courtaulds, 10-30 11-16 11- (quar.) conv. Corp. Steel 7 11-16 12- America Barium 12- 1- 2 $10c\ $15c Safeway, 2nd 7 5 1- 9334c $1.06'Av (quar.) Machine Co. Investment 59c 4% non-cumulative preferred Bangor & Aroostock RR. Co.— Bankers-Bond Counselor's 3 2'A% RR. 7 income) investment 1211- 12-15 60c (quar.) (quar.) 11- ,___ Ohio & 12- (quar.) common 2 12- $1 preferred (quar.).——_____ Imperial Mills, Ltd. (quar.) 5% 11-23 (quar.) (stock 1- 2 Common $20c 5% Lines— settled common Corp. Cosmos 3 (quar.) (monthly) JBaker-Raulang Co. 11- 11-20 (quar,).— General Fund— (From for each share held. preferred conv. 11-30 12-21 15c $1.06'A\ (quar.)_ com. 2 1- $12'Ac 12- 8 Common $2.50 SS. Atlantic Wholesalers, Ltd., 5'A% $1,25 11-18 50c f$3 J32'Ac (annual). 11-2 (s-a) fcAtlas*Plywood Corp., $1.25 10-30 12- (quar.) common shares will Refining Ltd., Foils, — 7 12- 1- 11-20 50c preferred (quar.) Corby (H.) Distillery, Ltd.— Class A (year-end) —— Class B (year-endu — Corning Natural Gas (quar.t__ Corrugated Paper Box Co., Ltd.— Car (quar.) Distribution common 11-14 A Canada 2 $3 7-100ths and 11-14 10-30 32'Ac (quar.)— (quar.) Ale, Inc., (quar.) (quar.) com. (quar.) preferred Canadian (quar.) Indies West 10-30 10-30 Wyant & Cannon Foundry preferred 4'A % 11- _. Gulf 11-14 11-14 33'Ac (quar.) G 10-30 11-14 33c (quar.) F series Dry Ginger $4.25 10-31 11- 9 $1.13 Cope land Refrigeration Corp. Copperweld Steel Co., common 5% conv. preferred (quar.) 12- ___ (Conn.) preferred non-cum. 11-16 12- 10-30 11-20 $1.12'A common 1 12-15 11-30 55c 6% E series preferred preference 1 2 11-13 l'Ac (quar.)__.— — Ltd., 5% 1st preferred (quar.) Bakeries, Ltd. (s-a) (quar.) J com. Extra Atlantic series preferred 12- 11-16 11- $37'Ac — (quar.)— Fibre Co. Canadian RR RR.. 12-21 Co.— Cement Co., Ltd,, common $1.30 Canada $1 Coast pjeferred 1 1 1 11-25 Continental Gin- Co. 5 12- (quar.)_ (quar.) common dividend Stock 12- (Fla.) — Foundry & 10-30 Extra Atlantic Service 11- preferred 11-16 10-15 12- 45c (quar.) 11- 12- 5% 1 41-16 15c 12- 1 conv. 10-23 Common Continental 5.28% 11-30 12-11 8 Co., 22Vic — Co, 1- Can 11-16 11-13 12- 12- $10c — preferred (quar.) — $4.25 2nd preferred (quar.)_ Continental Copper & Steel Industries— 10-30 (quar.) Point 11-13 Corp. $3.75 27'Ac (increased com. (quar.) Line 12-10 Continental 75c Goods Corp., West 9 12- (quar.) com. Atchison, Topeka & Santa Fe Ry. Atlantic Coast 9 11- 12- Telephone & Telegraph Co.— this payment clears arrears A, 9 11- (s-a) class B of America, (quar.)— Corp. preferred 1 5.30% $1 pfd. pfd. 11- 4% 1 12-15 62'Ac (quar.) $15c (quar.)_. 1st 2nd 12- 1 12- 1 12- 1 Container 12-10 25c (quar.) Continental-Diamond 6 11-10 9 11-16 12-15 60c (quar.) preferred 6 12-12 11-10 11- 11-16 1 Ltd. Ltd. 9 11- 12- 1 10-20 1 $50c Co., preferred $4.50 9 12- 12- 56'Ac (quar.) _—__— Co. Power 10-30 11-10 12- 2 Glass 11- 5 11-10 11- 11- 20c —_ Co. Ltd., Corp. (initial) Consumers 11-10 10-31 40c (quar.)__ Aircraft $1.12'/2 — dividend 11-23 Credit 1 11-16 $10c (s-a) Vultee A 12- (Toronto)— Y.) (N. Corp. Theatres, 11-11 1 12- 15c (quar.l__„ Electric Ink preferred Consolidated 10- 1- 12- Mills, 9 11-30 11-13 Gas Textile 11-16 11-25 12-15 Natural Consolidated 12- 1 preferred scries C (quar.) 27'Ac conv. pfd. series D (quar.)—33'Ac 12-15 Consolidated 11-16 11- 4.40%; 1 11-17 32c (quar.) 11-12 12- 1 37'Ac pfd. 5 12-22 Co. 11-13 25c — $1.37'A (quar. l__ Edison Laundries 12- 20c (quar.) common Water 12-22 Power Consolidated 12- 15c $1 $1.05 87'/2C 12- 1 Connecticut Consolidated 11-17 11-25 25c California 12- 12-31 $4.52 (quar.)___ (quar.) $37'Ac 10-31 11-25 11-16 — Association 6 5% 10-23 10-30 12-10 — 12- 1 7 12-18 11-16 (quar.) 12-31 $50c common Class A 11-14 12- 12- 2 'A % — Quarterly 12-31 11-16 50c (quar.) Life 3 Corp.— common preferred 10-20 12- $1.06'A Co., Corp., $$1.12'A (quar.)^. (quar.) Associated Dry 11-13 12-24 10-29 25c 75c 6'Ac (quar.) Co., 12-10 dividend) (stock (quar.) (quar.) Ltd—. National 10c Packing $3 (quar.) Armstrong Cork Confederation 1-15-54 II-23 50c (quar.) Corp. 11-20 4% Class Co. preferred Canada preferred (quar.)—— $2.36 preferred (quar.) $2.50 preferred (quar.) _; Arkansas-Missouri Power com. (quar.) 5Vi % preferred (quar.)___ Armco 12- preferred Mills Consumers (quar.)__—____— (quar.) Brothers, $1 Service Co., preferred 11-20 5'A% Concen¬ & Burry Biscuit Corp., $1.25 conv. 12-15 (quar.) common pref. 12- 10c 50c Co. Cone $1.05 (quar.) preferred (quar.) 10c common Conduits 1 . Extra 6 2 12- Consumers preferred preferred Burroughs Corp. 11- 12- Gas Consolidated __— Corp., 12- security net Co. Locks Paper Co. Natural 11-14 (Boston) (quar.) Carbon Combined Concord Insurance Corp. preferred 2 in payable Ltd. Mining (quar.) Co. Burlington 12-11 1 from Sullivan & Pictures $4.25 11- (33 9/10c Income Dredging, Hill Bunker 4.20% 12-16 (year-end) l/10c Columbia 10-30 12-30 5c Life National 12-21 $1 — . investment net 4 Columbia _;— 12-31 30c (resumed) 1930 (year-end) System (monthly) Common 12-ia $1 $2 since Gas 11-12 10% __ _. Ltd. Fund, 11- Columbia 1- 8c Co — dividend 8 Ry.— payment preferred 12- 93%c 15c 25c $1.25 <quar.)_ ____ Machine & 12- Southern & com. 2nd 12- 75c 25c profits payable in cash or stock at shareholders' option) ___________________ 9 12- (quar.)__ (quar.)— preferred cash 11-10 1- (quar.)_ (quar.)___ (quar.)____ Co. 3'A% 75c — (quar.) $1.10 . 11-16 12-19 12- 1 11-16 11-2 $1 . Ltd., conv. Arizona < 11-13 50c 75c __ Co., com (year-end)__ preferred (quar.) Participating 6% 11-25 95c $1 $1.10 $1.10 $1.25 $1.25 — (quar.) common 11-13 25c _ (quar.) Co. of America, Archer-Daniels-Midland Bloch 3-12 4-1-54 Falls California (year-end) Mills, com. Common (quar.) 6% preferred (s-a)_ 5% 4% Columbian (quar.) common Company, $5 12-11 Co., preferred Hill Buell 3-12 I-2-54 L.) 33A% Budd 12-11 1-2-54 4-1-54 (Del.)— Cotton 7% 11-15 11-13 $1- & & Trap Co. Bell 11-16 1 (quar.) 1st pfd, $5 conv. preferred (E. 11- 50c (quar.) Refining, common— Foundries (quar.) 1 Animal Beck 1 12- Bruce 1 $1.18% (quar.) American Tobacco Co. Anderson $5 12- 5 1 25c Chemical Class A Smelting Bath 11- Inc. preferred B (quar.) Telegraph & Messenger 2nd 12- 2'A% Ship of 11-20 $3 12-10 $1.12'A Extra 5% 12-15 2 Stores, Company, 12- 50c American in 1- Bush — American 5% 4.40% Brooklyn $3 25c dividend American 6% 5 15c 2 'A % First 25c Stock $4 6 2- 50c 41c pfd,_. non-cum. $4.75 pfd. (quar.) American Seal-Kap Corp. 6% 11- 1 Stock 75c 75c $1.75 $1-75 Colorado 11-24 68%c 50c $25c 20c Inc., Bullock (quar.) Argus 1 3- Ltd. Co. Potash & $3 12- 10-22 (quar.) Class Arden 5 10-23 (monthly)- $4 pfd. (quar.) * 6 2- 11-16 Foundry Co. (quar.)— preferred B 11- 1 II-20 — Metal American ..-j 1 3- 11-16 (quar.) Corp. dividend American 12- 11-16 (quar.)______, Electric & Home 4%% $2.80 preferred (quar.) Brockway Motor Co. (year-end) Brooklyn Borough Gas, 4.40% pfd. 10-15 10-30 Brockton Taunton Gas Co.— 1 — Stock Broadway-Hale 1 — Extra American 11-13 from (quar.) 1% non-cum. (auar.) American Colortype Co. (quar.) American & Foreign Power Co., Inc. Co.__ 12-10 Bullard preferred preferred Rubber & _ 11-15 11-25 12- 1 20c <quar.) 10-30 5 Brown 4c 35c Hose inc.)_ investment Trust 12-10 12- (quar.) 9c 21c 50c _— (From I-2-54 12- income— (s-a) Inc. Estate $2.75 preferred (quar.) Bearing Co. (quar.) Brantford Cordage Co., Ltd. Class A (quar.)_ 50c (quar.) non-cum. American 12- Corp. Payable of Rec, Share of Company 1S53 Holders When Per Same Payable 0] Rec. Share Bower Roller Foundry Common 1% 11-14 $1.12'A Co. Car Bourjois, 12-10 Buck (quar.)-- com, net investment (quar.) from Quarterly Woven 10-31 50c (quar.)— American Business Shares, Inc.— American Boston 11-14 12- Co.— Insurance Co., Real 11-13 75c 25c 87'Ac —-- pfd. conv. Fund, Boston ' (quar.) Louis) Boston 1 125c 125c $$1.31 $$1.31 (quar.)__ 5'/4% Bondstock 5 1-20 Ltd.-^- Canada, of preferred 5 12- 12-31 30c $1.50 t50c 40c 933Ac (quar.)_ Co. preferred Aluminum 4% — 12-31 15c —~— (quar.) Alpha Portland Cement Co. Aluminium, Ltd. (quar.)_ 12- 12-21 30c —A. Corp., com, of Company Holdert When Per Same 75c $1 (quar.) ___ Allied Stores Holder 1 When Payable of Rec. Monday, November 9, ... &" Co. Co. (quar.-*_4_—-—v" (quar.)—____ i $1.25 124. 1 12'Ac : 12-1 11-18. 12- 11-18 $1.12'A * "75c" 50c 50c 1" 12-1 11-16 9 12- ; * 12- 11,13 1 11-15 1 ■ Number 5271... The Commercial and Financial Chronicle Volume 178 Per Name o; Fall River Company Gas Share Works 15c Falstaff Brewing Corp., Farrington Mfg. Co.— 4%% pfd. convertible Federal Mogul 1- 2 11-16 11- Fire 4%% : (stock dividend) 2% 11-20 11-28 preferred (quar.) 68%c 11-28 11-18 50c 12-10 11-27 Corp. (quar.) (quar.) of Philadelphia (Newark) Rubber & Co., (quar.) (incr. • Steel Mineral Forbes.& Corp. Co. Co. of A B (quar.) Pitt Foster Stock •=4% $1.183A $1.22% 11-15 1111- 2 -11-27 11-13 11-20 -10-30 — 2%% (quar.) 25c (R. 4%% Gair (quar.) 25c (quar.) (quar.) 1 12-1 11-13 12- 56%c 1- 1 12-18 12-10 11-20 pfd. (quar.) . preferred (quar.) General Acceptance, common -$1.50 preferred (quar.) (quar.) 6% Oil Co. "General 12-15 12- 11-14 11-2 11-14 11-2 of 1- 1 4 5% preferred Baking Co., Cigar Co., •General Dynamics (General Electric $2 (quar.) pfd. conv. 7% Inc., 15c pfd. 50c (quar.i_ (quar.) 1- 12- 75c (special) 2 1-8-54 $1.75 Corp Co. 11-20 Zinc Inland 1- : (year-end) 19c Foundation ordinary 6% 11-17 International 12- 11-10 preferred 25c 5-25-54 5-10 (s-a) preferred series C (s-a) conv. General / 3%% Advertising Cellucotton Products $1 (quar.) 84%c (quar.) $1.50 Utilities Steel Wares, General Telephone $2.25 Ltd., preferred Co., G4obe-Wernicke • 1 11-13 56'Ac 1- 2 Consolidated Co., Ltd. Union Jack 5 11- 2 Jacksonville 12-15 12- 1 1-2-54 11- 2 12- 1 Jessop 11- 2 Jewel & Jones Laughlin Steel Corp., 12-15 11-16 5% 12-15 12- 1 1 11- 6 t50c Smelting 12- U-25 25c 12-14 11-30 56'Ac of Ry. West - Coal Mobile Oil (quar.) Corp. f RR. pfd. ''* 5% preferred 5% preferred ' Mfg. Watch m-4% '•Hammond 11-16 10-31 12- 1 11-16 1- 4 12-18 (quar.) rClass *Hanna B 2 12-15 12- 1 11- 2 42,/2c 12- 1 11-14 50c 12- 1 12-10 2-23 Ltd., common (quar.)_ $$1.25 - (quar.) common preferred (quar.) com. (initial quar.) A 15c A.) preferred Refractories conv. pfd. B (quar.) com. $4.37% 2nd preferred Co., common 4% Hotels Corp., convertible pfd. common preference Kinney $5 (G. 50c $1.50 $1.37Vi 40c 11-10 1- 5 Special prior preferred 1-20 Kresge (S. S.) (S. H.) 11-16 11-16 12- 11-14 1 11- 2 12- 4 Salle Co. & Wines & of the Common Class 12-18 12- 4 Stores (quar.) 11-20 Lane Bryant, 11-20 Lane-Wells 12- 1 1-4-54 .11-13 12-15 (M. 12- 4 12- 4 11-16 3.80% 12-15 1 12- (quar.)— 25c 40c 4 12- 4 (quar.) (N. Y.) 11- 2 11- 2 (quar.) 1 ,11-13 12-15 11-20 12- 11-16 11-16 15c 12-17 11-23 5c 12-17 11-23 Metropolitan Edison Co.— preferred (quar.)__ 95c 1 12-4 (quar.) 96'Ac 1- 1 12- 4 97'Ac 1- 1 12-4 4- 8 4.35% preferred (quar.) $1.083A 1- 1 12-v 1-15-54 1- 8 4.45% (preferred (quar.) $1.11% 1- 1 12- 4 12-15 11-25 1 11-13 12- 1 12-30 12- 12- 1 11-30 11-10 2- 1 1-11 Mexican. Light $1 & preferred Mica Co. of Co. Power (initial Canada, Mickelberrys Food t50c (s-a) Products (year-end) (quar.) Corp. 10-31 Mid-West 12-24 Midwest 12- 5 11-13 12- Petroleum 1 11- Abrasive Co 12-28 12-10 Minute 12-28 12-10 Mississippi Power, 12- 11-10 Maid B 11-20 10-31 Mitchell 11-30 11-16 Monolith 50c 12-21 12- 1 8% 11-24 11- 6 Monroe 11-17 Co., (Robert), (s-a) Cement preference (quar.) (quar.) 1 11-10 12-15 11- 11-10 10-30 12- 1- 2 5c 11-20 11-10 12-15 11-16 (Henry) & Co., Ltd.— preferred (quar.) 4%% preferred, (quar.) 5% Morris 1 Fabrics, 1 11-13 11-13 Lea 12- Lees (James) 40c 11-25 10-23 Lehigh Portland Cement Co. (quar.) 11-30 12-15 ll-lO 90c 12-15 12- '5' 34%c 62'Ac 96'Ae 1212„ 1 1 11-1C 12- 1 11-10 11-25 12- 1 11- 2 12- 1 11- 2 15c 12-31 12-18 12-31 12-18 30c 12-10 11-25 12-10 11-25 1- 2 12-10 10c 12- 1 11-18 11- 8 11-16 25c 11-15 1 17'Ac Morrison-Knudson Finance Co. Corp. Mount 37'Ac *12- 2 1212- 1 1 11- 9 12- 4 11- 40c 50c (quar.) (quar.) 12- 1 11-30 11- 9 , 0 II- 1 11-12 Diablo Co. (quar.) fquar.) (quar.)_ Vernon-Woodbury 7% preferred Munlsing Paper, 1st preferred (quar.)— Munsingwear, Inc., com. (quar.) 5'A% preferred (quar.)____;—i- 25c 12- 40c 12-15 11-18 Murphy 12-15 11-18 f20c 12- 1 11-2 Murray Corp. of America, 4% preferred (quar.) 11-30 11- 6 12-1 11-16 30c 12- 1 11- 6 (G. C.) Mutual Income Co., from security (quar.) com. (quar.) net Fund, income profits) 11- 4 11-18 11-10 11-30 11-10' $3.50 25c 25c '-26'Ac 37'Ac 50c 50c 10c Foundation Investment (18'Ac 11-12 11-16 12-10 11-30 Mills (s-a) 5% 11-30 50c 50c 2c 1c Corp. Corp. Extra Mutual 11- 2 50c Products Motor Wheel Mount 11-2 11-16 12-15 $$1.25 $$1.19 : Extra Motor 11-10 75c America of 50c (quar.) 12-15. 11-30 12-16 10c Corp. 37'Ac (quar.) *— Year-end Motor t40c Plan 10c Ltd 1- 2 12-26 Morgan 1-15 12-23 62'Ac (quar.) (Mo.) (quar.)__ 12- (quar.) 2 11-12 11-10 1 f$1.75 Inc. 50c (quar.) 2- 1 11-16 1 12-30 UOc Candy Shops, C (quar.)___ 10c common ll-20« $50c 1 pfd. common series 1 $1.15 - (accum.) Society, 5'A% Co., 11- & 11- 2 12- Co.— 10c (quar.) 10-23* 11-15 11-15 10c (quar.) Montgomery & Erie Ry. (s-a) Moody's Investors Service— $3 paricipating preferred (quar.) Moore-McCormack Lines, Inc. (quar.) 12- 12- $1.50 ; 11-10 11-13 60c (quar.) preferred (quar.)_ Monsanto Chemical $3.85 10-31 37'Ac common Ltd. Portland Loan 11- 4- 11-16 $1.37% (quar.) preferred 11-16 1 12- 11-16 3c Corp., 4.60% Missouri-Kansas Pipe Line com. Class 12-12 *6c 283Ac Minneapolis-Moline $5.50 pfd. (quar.) $1.50 2nd preferred (quar.) 12-10 11-20 11-30 11-16 10c 11-14 12-1 12-14 12-10 12-12 50c Co Mlles Laboratories (monthly) Minneapolis Gas Co 11-14 2 11-20 75c Piping 12-15 1- 10-30 12-14 25c (quar.) Corp. 12-15 4 11- 9 yll-16 20c Hone . t5c 20c _________— Co. 25c 11-15 6 1- Ltd.— s-a) Ltd. Year-end 12-30 $1.75 (quar.) (increased quar.) Inc. 12- 11-16 (quar.) 40c — & Sons 11- 2 preferred $1.12'A (quar.) Extra Secord 1 preferred 75c A Inc. Co. 11- 2 12- 3.90% 1- Milling Co., Ltd.— Co. 12- 1 1. 3.85% 50c (quar.) H.), Machine 11-2 12-14 12- 15c i 1-2-54 15c preferred Lamston 1-4-54 $1.183A Extra ■ Extra $2.50 11- 2 8 $1 Champagne Sessions 11-20 11-2 1J-16 Jfquar.)_ A Extra 5 10c (quar.) & 12-10 12-1 $1'.06% pfd. Inc. Co., Assurance Metropolitan Brick Co. 1- 30c B 11-13 12-16 t$l Extra 55c (quar.) 12-10 r Merchants Fire 11-13 6c (quar.) 30c ——« Mercantile 11-13 $1.38 T 7% preferred (quar.) Lambert (Alfred), Inc., class A Laura 11-13 1 10-31 11-27 12-30 5c 1 $1.25 from income and (quar.) Woods 11-30 45c 2'A% 35c (quar.)__ Co. 11-16 11-16 62'Ac (quar.) (quar.).. (quar.) Co. (quar.) Corp.,-4%% 1 11-16 1 35c Frank 12- 12-15 11-16 12- $50c 10% dividend Shoe 1 50c preferred & 1 12- 62'Ac 10c Shore Mines, Ltd 12-10 32c 12 %C 4'A% Meier 17'Ac (quar.) preferred 25c 11-16 Stock 12- 30c (4c preferred (quar.)„ Kysor Heater Co. (quar.) L'Aiglon Apparel Inc. (quar.) Landis (quar.) Inc. common 12- 40c 1st 75c 12- 1 12- 1 Robbins, ll-KP 12- $25c (quar.) ; 40c 2nd 11-14 12- 1 10-24 11-16 11-16 com. (quar.) (quar.) Co. Corp., $2.50 Extra 6% Lake Ltd., Extra McKesson & Mead 50c preferred Lake 12-10 1 12-1 and (s-a) Extra 10-22 12-15 11-14 12-15 12r 12-18 & Mid-Continent (quar.) Fund from realized profits) Koehring Co. (quar.) Koppers Co., Inc., com. La Co., common preferred Micromatic (quar.) common Kress 12- 1 1-20 2-1-54 11-18 ,12-10 fund" income Kroehler Mfg., 4'A% preferred Kroger Co., common (quar.) 11-13 10c (quar.) Co., 11-25 10% 5c R.) Knickerbocker 4% Corp., $2.50 Oil 5c 53%c 12'Ac 87%C $1.09% (quar.)____ investment net 11-25 11-13 (quar.) (quar.) -liinde & Dauch Paper Co. from McColl-Frontenac 4 75c stock common 12-10 1 12- 50c special of 90c from net realized gains) Lamson — "income 11-27 12- 2 1- 11- (4 f20c (quar.) Extra 11-13 - preferred B (quar.) Higbie Mfg. Co., 5% conv. S-2 12-15 12-10 1 30c (quar.) Ltd. 11-27 1 (quar.)_ 5% iHllton 5 1-18 11-25 12- 4 10-33 12- 1 12- 1 25c $1.183A (quar.) common Mines, 12-18 12- (quar.) Year-end Co., (quar.) Gold 12-15 12- $1.25 3Hershey Chocolate Corp. 4%% preferred series A (quar.) IHeyden Chemical Corp. (quar.) 3%% preferred A (quar.)_ iHeywood-Wakefield 2- 1 10-30 11-16 $1.25 12-28 $1.06% — series Utilities 7% (quar.) Co.— Powder Co., 5% pfd. EHercules Steel Products Corp., ^6% 11- 5 Co.— .___ Mining 2-15 11-10 15c Co., $4.25 ."Common (quar.) preferred (quar.)_ Harris (A.) & Co.. 5%% pfd. (quar.)—..— Flart, Schaffner & Marx (quar.) 'Hayes Industries, Inc. (stock dividend) IHccla 50c (increased) '"'r6% -Hercules $$1.25 20c 25c $1 35c 11-14 2- 12-1) 11-16 85c (quar.) McCormick 12-11 12-31 93%c Mclntyre Porcupine Mines (quar.) McKay Machine Co. (stock dividend)! 12-29 -11-16 933Ac — 12-15 7 11-20 11-27 45c (quar.) com. (quar.)— 10-19 12- 10-3C 11-12 1 37'Ac 1-15-54 37'Ac 4-15-54 (quar.) common (s-a) preferred (48c a 11-24 45c 3-10-54 $35c 12- 1 (quar.) 11-25 25c Keystone Pipe & Supply Co., $5 pfd. Keystone Steel & Wire Co. (quar.) Kings County Lighting Co. Kingston Products Corp. (s-a) 11-13 45c (quar.) 1- 12- 87'/2c — — (increased) (M. Harbison-Walker 10-23 $50c v class 12-10 $1.16 - Co., 10-23 10-30 25c . Keyes Fibre Co., com. (quar.) Class A (quar.) Keystone Custodian Funds, Inc.— 2-20 12-10 11-16 25c (quar.) Kerr-Addison 11-25 50c : Oil 12-15 $1.25 3-12-54 preferred 40c (quar.) Co., preferred 43A% 11-25 $1.25 Organ Co., new ExtrafHancock 5% 5 $3.40 $1 (quar.) common Stone Series Cementing Co., convertible Common 11-18 10c (quar.) Co. (quar.) ^Hamilton 11-18 12-10 37'Ac (quar.) ^Hamilton 12-10 $12'Ac Quarterly ^Hamilton Cotton, ' Co. Well Oil Kentucky Co.— (quar.) Corp. 5 4% Water ■Halliburton 11- (quar.)_ Gypsum Lime & Alabastine of Canada, Ltd.— ; Quarterly IHackensack 1 (quar.)— com. (quar.) 4.64% Power 12- 11- 12-15 1947 95c ; (year-end) preferred Kentucky Co., Ltd., class A Inc. (quar.) Ohio & 3'/2 % 12-18 1-2-54 11-15 12- Corp. preferred (quar.) May Deportment Stores Co. $1.12'/2 (quar.) Co., 5 11-16 series Chemical 4(4 % Melville Kellogg 11- $1 (quar.)_! pfd. 35c (quar.) (Julius) Co. (year-end) 1 35c preferred $3.75 10% (quar.) Co. 12- Co.— dividend Stock Siajoca Kawneer $1.75 25c $5 preferred (quar.) •f$5 preferred (quar.) Gulf preferred Common preferred (quar.) (quar.) Hydraulics, Gulf 10-30 $3.75 $1.25 preferred (quar.) 4'/2 % preferred (quar.) 2 Amer.— Box Griesedieck Western Brewery, Gulf 11-16 6 11-10 50c A Kayser Co. 6 11- 1 35c (quar.) com. 4% 11-13 11- 11- 1 12- Kansas City Power & Light Co. 3.80% 1 11-20 (quar.) common (quar.)_ Kalamazoo Vegetable Parchment Co. Stock dividend & 25c 1 12- 93%c Johnson 11-16 12- 12- Mathieson McCord (quar.) 11-16 12-15 6 1- 4 11-16 preferred 11- 12-21 1 Johnson, 1 15c 1 25c Southern Greer preferred 12- 15c 11-20 $1.06'A (resumed)— Ins. & 12-15 40c 12- 8 52'Ac 30c (quar.) Bonding 2 quar.) 12-15 & prior preferred 1- 5 2 133Ac (quar.) Extra 12-15 $1.25 11- 6 '12-18 1- 30c $2.10 Massachusetts 2 35c "11-13 11-15 11-30 11-25 Maryland Casualty Co. 1- (quar.) 12- 15c Extra ..Great 33A% Mary Lee Candies, Inc.— 5'A% convertible preferred 50c 12- 1 12- 1 $3 15c •* *11-16 .11-25 10c 44c (quar.) 12- $25c (quar.) Great Lakes Dredge & Dock Co. Northern preferred 10-29 12-15 12- 1 12-10 4% (interim) 35%c (quar.) common I 6 12- 1 $1.25 (quar.) 30c (quar.) 10% 37'Ac $2.50 50c Communica¬ Marine 12- 11-27 6 11*13 5c 12-15 12-15 11- "11-13 5 30c Marshall-Wells Co. 11-25 12- ll- 5 35c tion Co., Ltd., ordinary Marmon-Herrington Co 11- 12-31 '11-25 12- 5 12'Ac (quar.) International 12- 4 1-11 '11-13 11- 6 (s-a) 1 1 ' 11-25 11*25 Corp., com. (quar.) preferred (quar.) $1.10 Gas Co., Co. 1-15 1-15 "12- T 12-15 ' 25c 25c —_ ___ dividend) 12- 12-24 12-10 17'Ac 40c II- 5- , 5% pfd. (accum.)_ & Co., Inc. (quar.) 11-16 12- 10-30- 11-20 Co., 1 35c 10-30- 11-16 5c (quar.) RR. 82'/2c common Corp. (quar.) Steel Co. (initial Tea (stock Co. Co. 12-15 45c 11-2 11-15 11,-16 25c Realization Marconi 12-1 25c 2%% (quar.)_ 3-20 12- 1 H- 2 *12-10 (quar.) (quar.)__ 11-30 $75c 12-18 11-16 50c (quar.) (quar.) Non-cumulative 2- . 15c Marathon 5% 11-2 12-19 1-1-54 4-1-54 12-14 12-1 :—— —: 35c (quar.) "" (quar.) Manhattan Shirt Mar-Tex 12-11 6 yll-9 11-2 1 50c — 15c Corp. (quar.) Jantzen Knitting Mills 5% preferred A (quar.) 12-15 11-16 11-5 11-12 35c Mfg. Co. lquar.)___ Heintz, Inc., 4% pfd. iquar.)_ Jervis 1 1 :— Co. Mallory (P. R.) 1 (quar.) Fireman $1 preferred Great preferred (quar.) common Central 2 11-10 $1.25 . Pacific Tea Utilities, convertible 2 12- 12- 11-19 2-18 11- J11- 3 11-29 12-21 12-22 12'Ac 25c (reduced). Copper Maine 1- 11- Co. — (quar.) Co. Co., Magnavox ' 12- 1 (quar.) $1.76 & 12-15 12- 75c Common Great Southern 11- 12- 5 • 7% preferred Iowa 1-15 11-30 $1 Manufacturing Co. (quar.) Grayson-Robinson Stores, Inc. $2.25 preferred (quar.) & 3.30% (quar.) (quar.) - Magma 11-25 11-25 35c common • — Extra 12-21 1- 2 12-10 62Y2c 62'Ac 25c $1 (quar.)_ Extra common 75c (quar.) com. Mining, Electric & Light Co., preferred (qryr.) 15c Gray Great Atlantic Gas 12- 20c Macwhyte 25c _ & 15c $2.50 (quar.) — common conv. Power 10c (year end) Co., 6% 2 $1 Corp., preferred preferred Woodworking Co. 11- $1.75 Foundation, Ltd.— preferred (quar.) $1.75 pfd.-(quar.) class A (quar.) Utilities Iowa-Illinois M. 11-17 12-10 2-16 ' 12- 1 — Corp. 1-28 50c (quar.) dividend 12-15 1-15 Lynch 4 11-19 $1.10 3t1Q*54 12- end 11-30 25c Iron 50c (quar.) Co., coin, _ 4%% Manufacturing Co. (quar.) (H. W.) Co. (quar.) Grafton & Co., Ltd., Stock 12-22 $20c Year 12-10 1- 12,10 11- 9 11-16 25c (quar.) Luminator-Harrison & 11-16 55c (quar.) Co. Lunkenheiiner 11-13 25c Co convertible Investment 11-13 1 — Goodyear Tire & Rubber $5 preferred (quar.) Power 1212- (quar.) com. Special preferred (s-a) Goodall-Sanford, Inc., 4% *~,6% preferred (quar.) Granby 10-16 $1.25 _ 5% Grand 10-16 11-16 Co., 4.40% .__! Mines, Ltd (quar.) Co., common Rubber Gorham 11-16 57c common Co., preferred Gossard 10-16 1 1 25c ___ Interstate Engineering (quar.) Intertype Corp. (quar.) 12-15 11-16 2- Silver Iowa , • 12-30 $25c common Extra 7% 12-15 Pennsylvania— (quar.) Gold $1.40 11- 2 2-15 75c (The) Qoodall International Wisconsin— Co. of Yellowknife Gillette 11-20 35c preferred (quar.) Georgia-Pacific Plywood Co.— Giant 12-10 11-16 12- 37'/2c (quar.) Co. International Textbook 56'Ac (quar.) $5 "* International 11-10 1-2-54 „ 11-13 $1 (quar.) 11-10 1 50c Special * preferred 11-25 $1.50 (quar.) Corp. General Telephone Co. of $2.25 preferred (quar.) 7% 11-10 Harvester 12- 5c General Public International Special 50c Package General 11-25 1 11- 8 .12-1 12-1 : : Macmillan (quar.) Co. _____ Co.— (quar.) Corp., com. 4%% pfd. 1st series (quar.) General *$1 preferred (quar.) preferred preferred 6% • Outdoor Common 6% Inc., 2 12-,3 12- 11-28 $1 Steel Extra from 6c (quar.) International Cigar Machinery Ejjtra 4% 11- 1 1*2-54 4 11- 2 12- 1 11*28 :— 1' (Mo.) Co. Lucky Stores, Inc. Lukens 25c 12-15 4% preferred series C [ 12- 11- 11- 2r (Md.) — taccum.). Mackintosh-Hemphill Co. and Corp. 5% 1 11-18 __ Extra v 2 75c _ 12-15 General "Mills, 11- 12-10 11- 2 11-16 10c 2'/2% Machines dividend A preferred (quar.) Los Angeles Transit Lines 11-13 $2.25 ' v 1 1 (monthly) (monthly) 5% 10- 2 9 12- 12- 50c profits Business Stock ' 11-25 _ 12- 35c class A (quar.) common '; Lorain Coal & Dock, 5% Fund: income Co., Extra M. 25c (s-a) Class 11-2 $3 15c A 11-20 50c security Int'l 12-15 1 11-20 $40c : Finance Corp., com. (quar.) preferred series A (s-a) $1 12- Pipe preferred (quar.) Long-Bell Lumber Corp. 10-20 12-21 11-16 50c 12-10 50c 3-10-54 t37'Ac 12- 1, t37'Ac12- 1 $1 11-30 $1 12-31 $1 1-2-54 8% Joint Louisville & Nashville RR. (year-end) ' - (quar.) guaranteed 12-19 25c (quar.) 5% General Special 11-12 2 $1.10 Miami RR., original .Original Special guaranteed (quar.)___ 12-30 11-16 11-13 87'Ac _____ 1 Li tele < Water Co., Inc. (quar.) Brownhoist Corp. (special) from preferred Lock 12-14 1 ' 35c (quar.)__—_— (quar.) Loblaw Groceterias Co., Ltd., Class B (quar.) 55c 11- 11-13 12- 20c com. 11-13 $1.25 (quar.) 1 1 4% — Corp., Long-Bell Lumber - Co. Carbonic 3'A%';Conv 12-31 11-14 12- 12- 30c (quar.) 11-13 2-1 12-15 65c (quar.) 11-30 $25c 9 T $1 dividend)— (stock 11-30 1 11- 12- $1 (quar.) 5% 37'Ac 1 60c Co. 12'/2c & Steel 12-18 11-13 4 11-20 Co. Corp. Common Co Gas Industries $1.25 common RR. Institutional 4 1 12-1 Institutional Shares. Ltd.— 10-30 12- 11*30 .11-10 12- 12-15 25% (year-end) (quar.) Tobacco Extra 12- 4 Extra— 12- 12*10 12-18 ilngersoll Rand Co., common 6% preferred (s-a) Texas— 2 Lionel U-10 12-10 10-31 15c 50c Link Belt 11-10 57c Industrial 25c 37'Ac 12-17 1 11-30 10-15 15c - 1- 2 11-20 11-2 ; General Central .Illinois : Co., Park Liquid 11-16 2 1% Extra r. 11*2(1 Indiana dividend convertible Illinois 6 25c (quar.) Stock t ' Power (quar.)__ — Corp. Myers Lindsay Chemical 12-1 - 11- 11-16 $1 12- 1 11- ' * rldaho dividend Savers Lincoln 1 1 1 11-12 :Jr$1 preferred (quar.) 1212- 12*15 11-2 $1 Stock ,11- 6 12- 3 4% 11-13 12-17 12*17 12- & Libby & Extra 50c 11-16 12- 11-10 1 32c 11-16 50c 12- " 31 %c (initial) 56'Ac (quar.) com. Liggett & (quar.) Imperial Chemical Industries, Ltd.— American deposit receipts (interim) Imperial Oil, Ltd. (s-a) (quar.) Life 10-31 Co. 35c Co. 10-31 31'Ac 5% ll-W 1 12- 11-16 11-16 "Huttig Sash & Door Co.— 11-13 37%c Industries, Inc., 4%% General. American 12- 2 12-30 11-16 12-15 10c 2 37%c ■ 11-16 net 12- $1.06% Refining Co. (quar.) Hunt Foods, Inc., common (stock dividend) 5% preference (quar.) 10-30 1 10c (quar.)___ 6% convertible preferred (quar.) Hydro-Electric Securities Corp. 5% pref. B (s-a) 11-16 from 12-30 30c Oil tic Libby, McNeill Holder* Payable of Rti-. 40c Liberty Fabrics, (N. Y.) (stock dividend)— Life & Casualty Insurance (Tenn.)— 15c preferred B quar.) Shares— investment income 2 56'Ac (quar.) (quar.) Production Quar. (reduced 53 Fund 10-16 30c preferred (quar.) Hydraulic Press Mfg. Co.— 12- $1 : (quar.) Co. 11-16 preferred 11-2 50c (quar.) com. Oamewell Gardner-Denver 1 50c (quar.) preferred Co. 12- 11-16 11-16 Ltd. (quar.) 11- 30c Extra * 1 Co. Trust 11-13 $2 (quar.) Pulp. & Paper Corp., class A-(quar.) preferred A (quar.) 5.12% - (quar.) Co., common convertible (Common 6 12- Salt 11-25 $L25 (quar.) — common Corp., common preferred (quar.) Hugoton 6 11- 17 %c •Gar Wood ' 11- 12-15 Corp.— Co., E.) (Roberti 12-15 Lexington $1.05 Hudson 11-24 Leslie 11-16 62y2c _ Hubinger Co. 5% 11-13 1 $1.06'A __ (quar.) pfd. (quar.)__ Corp., convertible 4'A% - 1 12- When Share 50c common 5Howard Stores Humble 10% preferred 1 $50c Steel Trailer 12- Barbizon, $2.25 2 11t15 11-20 $50c Sulphur Co. Funsten 1 11-16 12- Gold Mines, $1.50 Co., (N. Y.), 5% Extra 2 dividend Freeport (Fruehauf 12- 11- Co Pressed 11-16 11-15 — Wtorks Kleiser & Fostoria .! Bridge Hotel Houdaille-Hershey 1 2 .(quar.) Class , Inc. 11-13 10-15 12- 11- & Co. 12-18 12-10 Leitch 5% (quar.) A Horn &Hardart Canada, Ltd.— Class / -Fort (George A.) preferred 11-14 .11-15 dividend) Wallace, class B Ford Motor 11-20 25c ___ (quar.) (stock 12-10 $1.15 (quar.) Follansbee Foote ' 6% $1 __ (quar.) preferred , Hormel 30c (quar.) (quar.) „preferred 1 4 $1.12% pfd. ' *4.90% 12- 12- 75c lquar.)__ Corp., 4% 12-15 10-30 40c (quar.) & Co. (stock dividend) Electrochemical, com. (quar.) $4.25 preferred (quar.) $4.20 preferred B (quar.) 12-18 Per Name of Company 11-10 15c (quar.) Co. (Henry) 75c preferred fquar.)___ Co. Holder$ Payable of Jtee. $1 20c 50c s-a) (extra)- com. (extra) Hooker 20c Insurance Tire Power -=4.75% -Holt 37'Ac (quar.) E.) Manufacturing 40c -4.60% :preferred (, (Charles When Share Lumber Extra 11-18 First Bank Stock Corp. Florida Hires 10-26 62%c Works Association Firestone (Edward) 2 (quar.) Corp. of Del. Firemen's Hlnes 12-10 A Corp. JFiltrol Per Name of Company 3 11- Hobart preferred convertible Federal Screw Ferro 11-10 69c preferred (quar.) Fedders-Quigan Corp., com. 5%% Holdert Payable of Reo. <quar.)_$0.185625 5%% 5% When (1817) % 12-14^ 14'Ac 12-15. .10-20 11-12 11-12; 11-13* 12- 4- 1- 4 12-2? 11-10 10-29 *J' Inc.— and 12-19. 11- 2 12-15' 12-15 12- lf ' from 33c 11-14 10-36 . , 54 The Commercial and Financial Chronicle (1818) When Per Quarterly * National Extra' '____ Name 10-30 Peerless Cement 1 12- $1 11-20 50c 11-10 Peerless 50c ____——; 11-20 11- 3 Airlines, Inc. 11- 3 1- 5 Aluminate National Corp. National Automotive National Biscuit Co., 7% preferred $7 Inc. Fibres, (quar.) — Common Corp., Co. Gypsum Co., National Securities 12-10 11-20 1 11-12 12-15 11-16 12- ment of Starch Tea National net Series (from 11- 6 1- 2 12-15 1- 2 12-15 1- 4 1-4 12- 1 (quar.) com. Neisner 1-2-54 4 Perfect Circle 12-15 11-20 Perkins Machine 12^10- 11-16 10-30 lie 11-16 10-30 11-25 30c 11-10 (quar.) common ___ 11-16 11- 4 11-16 11- 4 Piasecki 12-15 20C 11-30 40c 11-10 10-28 New 75c 12-15 11-30 $3 $3 Light (quar.) England Lime, common (year-end) preferred (annual)New Jersey Zinc Co. (reduced)—. 3%% Brake Co. Electric & Gas, Share Corp. Nopco Chemical Co., $4 pfd. Norfolk Western & Extra 4% (quar.)_ com. ^ preferred American — North B (quar.) Shore Gas Northeastern prior Northern Co. Water (quar.) Oklahoma Gas Northwest 4.20% Bancorporation, preferred (quar.) Northwestern 4 % % 5*4% 7% Public preferred preferred Norwich pfd. Holding, Natural B preferred 4%% A Co. Extra A A preferred Oswego 5% Falls pfd. conv. two in 11-30 Corp., these Oxford Common 12-10 11-20 5% 12- 1 11-13 1 11-16 11-20 11-10 11-13 10-30 quar.) Increased Above 5% for the Pacific Corp. preferred pfd. 1st (quar.)— ser. (quar.) A (quar.) 12- Radio $3.50 10-30 Rayonier, Reading Co., Common Common (initial & Reed 12-17 12- 1 11-10 12- 1 11-10 Remington Rand, Inc., com. $4.50 preferred (quar.) 12-10 11-21 Renold 12-15 12- 11- 2 11-14 10-14 11-14 10-14 25c 11-10 10-26 12- 11-13 Common 7 11- 12- 5 11-19 12- 1 11-14 1- 2 12- 1 12-29 12- 1 11-14 11-16 10-26 11-16 10-26 31 %c 11-16 10-26 11-16 10-26 11-16 10-26 11-10 11- 2 12-10 12- 1 10-20 10-20 11-16 11- 12- 11-12 2 62 %C $1 7%c common 12-15 1- 2 11-13 11-30 12-15 10-30 5c preferred Corp., 11-13 10-30 2%c (quar.) 1-2-54 12-18 30c common non-cumulative preferred (s-a) Drugs, Inc. (Kansas City) — 35c participating preference (quar.) Parmelee Transportation Co. (quar.) 22 %c 12- 1 12-15 11-13 12- 3 Paterson Parchment Consolidated Paper Gold 7% (s-a) Mfg. Co., Ltd., common (quar.)_ 12-29 11- 2 12-18 11-15 11- 8 tlOc 11-20 11- (quar.) 11-20 Class Strapping dividend 11- 5 Sinclair I- 4 Sisco Oil Gold class 6 Smith Corp. 11- 4 Smith (T. 11- 6 12-21 11- 6 12-15 12- 1 12- 1 11-16 11- 11- 3 J20c 12-15 11-30 $35c 12-15 11-30 (quar.) new Co., Ranch Oil (quar.)_ Gas & com. & Haas Stock 4% (quar.) Ltd. Rotary Packing Co. Royal dividend ___; & Whitehall Louis-San St. Paul Fire (increased Co. Inc. (quar.) (Dallas) tquar.)____ — preferred Antonio Gold A 11-16 pfd. Inc., & Sons, Inc 12- 1 (increased 5 11- 2 12-14 11-30 62*/2c *2-15 dl-16 5 12-15 11-16 11-16 >10-31 1-15 25c 12-15. 12-15 12- 2 ?ll-25 11-25 1 ,11- 9 11-15 11- 9 11-15 ,11- 9 20c 12-10 11-6 11-27 $4.50 pfd. conv. 11-16 $1.12 y2 (quar.)__ ._•. Cement, 12-15 ,11-27 12-15 preferred 11- 6 11- 6 1 1- 2 12-10 Standard 10-15 Standard Oil 12-15 11-27 Standard",bjl Co. of New Jersey 11-25 11-20 11-25 10-15 50c 11-23 Co. of 40c pref. $1.60,;conv. 10-15 12-10 11-19 11-14 10-31 12-10 11-27 Stanley Home Products, Inc. 4% pfd. 1- 4 11-27 Stauffer, Chemical 1- 2 1- 2 Standard. Railway Equipment Mfg.. Standard ____ Silica 12- 7 12- 7 5% Stein Stecher-Traung (A.1) Sterchf Bros. 1-5 12-15 Sterling & Aluminum Directors 11-18 dividend at this 50c 11-13 &-Stern 12- 5 12- 5 11-13 12-10 11-13 1 11-13 12-10 11-20 12-15 not to pay an 12-15 12- 5 37%c 12-20 12-10 34%c 12-20 12-10 25c 4-1-54 25c 7-1-54 12- 40c 11-16 Wells Corp., common (quar.)_ Stock...dividend . $1.25 preferred Sun Oil Co., common common (quar.) preferred $1 12- 4 12-15 111-13 $1.10 12-15 11-13 Swan-Finch Oil 6% pfd. (quar.) (quar.)____ 12- 11- 12-15 1-17 12- 1 Co. & $4 37*/2c 10c I (quar.) , preferred (quar.) Class class Tampa Inc. 1 10-31 Telautograph $1.10 1- 2 12- 4 Tennessee Natural 13C 12- 1 11- 1 Tennessee Products 12-18 11-12 A $1 1- 2 12-10 1- 2 ,12-10 1- 2 11-27 1 25c 12- 1 II- 3 nil- 6 _ 11.- 9 11- 9 11-16 10-23 11-16 11- 4 11-16 Gas Lines, Ltd 1 Inc. Chemical (quar.)__ Corp "11- 4 20c (Canada), (quar.)^ & 12- $1.08 (quar.) Carson Corp. 1 70c (quar.) (quar.) 12- 11-12 :12- 20c common & 12-18 25c __IH_ Pearson 11-16 50c 25C A preferred Tampax, Taylor, 11-16 I-2-54 j4c (s-a) Electric, 1 5 $1.10 B__; preferred 1 12- 111- 10% dividend Talon, Inc., 12- 12-10 50c preferred $4.40 4.32% 1-10 37*/2C (quar.)_ Sylvanite Gold Mines, Ltd. (s-a) Symington-Gould Corp. (s-a) 4% $1.25 2nd. pfd. Stock 3 6 6 6 37*/2C 12-16 11-16 11-13 11Til- Inc Sutherland Paper Co., com. (quar.) 4,40%. conv., pfd. (quar.)__; Sylvania Electric Products, Inc., com. (quar.) 12-11 12-19 2 12-10 yll-16 11-16 11-13 '; 1- 12-15 11-27 2 26 i9e c 4% 1-2-54 1 12-10 12-15 1 11-16 111- (quar.) A Sunshine Biscuits, Swift $$1.06 12- L 1 11-20 3 12- 2 12- 10-31 3 11-16 2IV2C •11-20 12- 12- 30c (quar.)__ 12-11 12- 12-15 30c 25c 12-11 yil-16 9 2 8% 11-16 2 11- Jl- 65c (quar.) 5*/2% convertible 2nd 414 %. preferred series 2 11-30 75c (quar.)__ dividend Sunray Oil Corp., 111- 20c Company ,(quar.) Corp. (quar.) Stock 6-17 ".11-13 II-16 5% Suburban Propane Gas Corp., com. 5.20% conv. pfd. (quar.) 11-14 3-17 -. 1 31*/4C (quar.) Studebaker 2 3-17 50c Stuart i_ 4-1-54 5% prior preferred (quar.) 5% prior preferred (quar.) Stonega Coke & Coal Co 11-13 1- ♦12-17 6-17 11-27 11-27 11-20 1-2-54 ,12-14 ,12-17 11-16 $1 12-12 I-2-54 1 25c 1-2-54 7-1-54 1 $1.12*/2 1 15c 12- 12-10 10-30 11-27 .12- 15c 12-29 10-30 12-15 * 25c 12- 2 12-13 11-14 12-11 (quar.) 11-16 1- 12-31 15c prk)/ preferred Struthers 1-.2 11-16 1 57c (quar.) 5% 11-14 10-31 12- 40c (quar.) Common 5 $2.25 11-10 extra (quar.) 5 1 5 $2 Textiles, Inc. 12- 11-15 5 2- time. preferred 12- 1 5 2- 2-15 25C (quar.) Stewart-Warner Corp. (increased) Stokely-Van Camp, Inc.— 4 11-13 ,11- 2-15 37 % c (quar.) Common.: {quar.) 4*/2% 11-14 11-13 Corp. Products decided 11-10 •11-14 11-16 1 30c (quar.) Stores, Inc. 1 1 1 12- $1.25 __ (quar.) 9 1 12- 25c 9 32*/2C (s-a) (initial) Lithograph 12- Stern Co. Co. 12- 12- 11-.9 12*/2C .preferred 12-15 12- 12-11 12*/2C (quar.) ___ 1-2-54 12-1 .11- 12*/2C Corp. Quarterly, Special ___! 12-15 11-16 11-10 •11-10 12-11 Co.— Quarterly 1-2-54 1 .11-13 12-10 40c (quar.) 11-12 1 11-27 12-10 75c 50c 12- 11-6 75c Ext r 10-16 12- 11-16 Standard Packaging Corp.— 12-14 1- 11-16 *12-1 75c (quar.) 10-30 12- 11-16 12-15 12-15 62 '/2C (quar. (quar.) 2 $1.12'/2 12-15 10c 25c California of Indiana Co. 11-15 1- 11-30 ill- 2 25c 37*/2c 87*/2c 1 12-10 11-16 87*/2C (quar.)__. Standard Coil'Products (quar.) Standard Forgings Corp. (quar.) Oil ,12- 10c 45c common 60c quar.) 5 11- 12- 55c $1 (quar.) ,11- 11-30 — 12- 35c 25c Ltd.__ 11-16 11-16 $1.15 : 12-18 $1.25 70c (quar.) 11-30 11-30 11-30 56 */4c (quar.) Standard Brands, Inc. com. (quar.)_ Extra I 10-28 Insurance Co.— Mines, 12-14, 25c 11-30 $1 quarterly) com. 10-31 30c lOc Ry. Co. preferred A (quar.) Regis Paper Co., 6 11-14 — Chemical Co., com. (quar.)___ preferred (quar.)___ $4.50 2nd preferred (quar.) 12-23 1:15c (quar.) & Marine 6 11- 2% Brothers, Quarterly Spokane Portland Francisco convertible ,11- 12-10 Spokane International RR.— $1.12*/2 (s-a)_ (quar.) 4%% {10-28 12-10 50c G.) 11-30 12-15 Ltd.; 11-20 62 */2c com. Insurance 11-30 25c St. San Life — (quar.) Corp., Drug 12-23 12-29 (quar.) Paper Co. 1st pfd. (quar.) ioc Croix $4.40 com. Co., (quar.) l?-23 20% _ 11-27 35c Co. 4.60% 12- __! Saguenay Power, >11-20 Co.— Spencer 10-30 12- Extra St. 10-30 11-16 12-15 RR. 11-16 11-30 20c Gas dividend 11-16 15c Sabine Royalty Corp. (s-a) Safeway Stores, Inc., common (quar.) 4% preferred (quar.) 4*/2% preferred (quar.) Safway Steel Products (quar.)__ 5% Quarterly Spalding (A. 75c Dairy, Ltd., class A (Jacob), 4%% pfd. (quar.) Milling Co., 4*/2% pfd. Extra 10-29 11-30 11-16 (quar.) Russell-Miller Ryan Aeronautical 4 12-10 25*/2c 11-16 1 J25c Oak Ruppert Edison Spencer Shoe Corp $1 (quar.)____ r___ 12- 11-30 30*/2C 12- (quar.) Steel JlO-29 (quar.) non-cum. 2 4 (quar.) Southewestern 7 11- 12- 50c (quar.) Southwestern }25c Electric 11-13 12- 50c 40c Extra Rosefield 711-13 12-21 10c Co (quar.)___ 4% (quar.) : Paper Co., 11-13 12-15 preferred 11-16 $1.18% common 12-15 preferred 11-16 $1 (quar.) Co., preferred A Rolland California 1 $1.02*/2 dividend ill-27 111-12 22*/2c ... 12-1 12- 1 (quar.) (quar.) preferred (quar.) preferred 111-30 11-26 50c Platinum & Works 37*/2c (quar.) Electric, >11-30 1- 12-11 30c (quar.) Gold Lathe Common quar.) preferred Rohm Bend 1- 6 25c 1 $1.25 Rochester 10c 4.08% Inc.— $1.50 participating pfd. 6 15c (quar.) 12- $1.12*/2 Robertshaw-Fulton Controls Co., com. (quar.) 5*/2 % preferred (quar.) 4%% American 40c (quar.) Extra 4% South 2c (increased 6 11- . preferred 50c Co. & Myers, : 11- 12- 1 25c 1 50c preferred conv. . quar.) (quar.)__. 20c (quar.)___ common 11- 12- 50c (quar.) Co. $28c (quar.) Co., 12- 10c Oil conv. 111-13 12- 37 */2c (quar.) Co. Co.— 2 $2c (quar.) Douglass Aircraft 2 12- 110-30 5% f 15c (quar.) common !— :i2- 11-13 65c (initial Co. preferred conv $1.50 B 2 12*/2c L.) $1 Drug, Inc. (year-end) Reynolds Tobacco (R. J.), common Mfg. A (interim) com. Morgan) Extra 9 1- $1 (quar.) 12-15 25c I (quar.) Year-end Class 11- 2 20c Socony-Vacuum 11-10 310-15 1- U2'/2c Ltd. Mines, (S. 90c 111- 2 11-25 25c Extra 5 11-16 87*/2c (quar.) Inc. Skelly Solar 11-25 $1 Sivyer Steel Castings. Co. 6 3 11-25 62 */2 c 11-30 11- .11- 12-15 . Co., (quar.) Oil Co. 11-12 12-15 (quar.) com. 11- 11-16 112-10 $56 */4c : Pattern Simpsons, Ltd. Smith 2 10c (year end) 5 11-16 1- + Co. 11- 6% 112-10 $30c (quar.) B Simplicity 6 2 t50c $1.25 25c Rexall 3 115c preferred 11-16 20c Dredging Extra Paton 8%c Steel t5c St. 12 %c (quar.) Copper & Brass, Inc.__ Rutland Transport Co.—■ (quar.) Co., 9 11-16 Co. Coventry, Ltd., class A Revere 10-26 37 %C (quar.) Extra 4 $1 Bit — ; Robbins Parkview Pato Roller Rice Pipe Line Co.— Extra Sheraton Stores (quar.)__ Extra 4%% 50c (quar.) preferred preferied Owl 11-30 8 preferred Simmons 1- ; Co. Co., common (quar.) preferred (quar.)_ Silverwood Dairies, Ltd., 6 11-10 (quar.) Power (quar.) 25c 11-14 12-31 75c Petroleum 11- & 25c 12-24 11- 12-11 5 12- A 10c 10% _ 5% 11-20 9 :n- 40C 50c (quar.)__ common Red 1st (quar.)_ ; 11-17 11-16 12-11 Inc. Spencer Kellogg 50c common.. preferred 11-30 100% quar.) . Eastern 4*/2% 1st 11-16 4% (quar.)_ (quar.) 10-30 35c Panhandle Park Inc. 1 Stock Mills conv. America, convertible 12- $1.50 Corp.— (stock dividend) 5% Shares <quar.)__ 11-16 $1.50 Park Chemical Co. of 10-31 10-30 Pacific Lighting 4% Corp. 1 11-16 31 %c Common American Distribution Power 11-16 343/aC ,____ 4% dividend; pfd. series B. (quar.) Signode 11- II-25 12-17 22c series A Sherwin-Williams 11-20 11-16 V (stock 15c Quebec 30C — pfd. 11-20 12-17 12-15 35c (quar.) 130c Quarterly 11-20 31 %c (quar.) pfd. 4*/2 '/<■ 11-13 B 2 50c 4.10% 1st Extra Extra 11-13 1 11-20 1-10 50c com II- 50c 3 25c pfd. (quar.) preferred (quar.) Pacific Greyhound Lines, common Pan (quar.) common 1 12- 4% 112-17 (quar.) Shawinigan Water $3.50 12- 50c A 11-13 by 12- $1.25 —___ (quar.) 1st Pacific Co., authorized 10-30 Grey¬ (quar.) pref. 1st preferred 1st Oil been 1 12- 11-20 Commission. 12- 40c Indemnity class Corp., 1-10 $1.43% Stamford Water Co. 5% conv. pfd. (quar.) J :_ Quaker City Fire & Marine Insurance (quar.) Quaker State Oil Refining Corp. (quar.) 8 They (quar.)—_ redeemable 5%% Pure Rheem incorrect. Class tl2-17 43C (quar.) Risks Serrick I-10 31*/4c Corp., 11-16 37*/2c has Service Public 111-12 53c (quar.)—______ $1.17*/2 quarterly payment the 11-16 11-16 previously shown were 5 6 Spiegel, (quar.) .___ 12- 1 Selected 11- Gas— common ;.n-i2 1 1-10 30c Yj) 35c $1.02 — & pref. 1 12- 45c (quar.) 14c ____ preferred (quar.) 4.70% preferred (quar.) Puget Sound Power & Light— 12- +31 */4c (quar.) preferred 11- Mexico— New 2 37 %C preferred (quar.)__ Oil (Del.) (quar.)— Stock 1- 2% redeemable 6% of Electric dividend Common redeemable 5% Co. Service 50c 87*/2c 27c 30%c (quar.)$1.35 (quar.)— 83c 4.08% 6 Pacific Gas & Electric— 4.80% Public 6 t20c common dividend Finance — t25c 1 $5.75 _ . preferred Seaboard Surety Co. JN. Hampshire— preferred A (quar,)_ 11- Lines. $5 ;_— —_____ (quar.) 11- t$3 (increased com. columns Paper Co., Pacific 11-20 J $ 1.75 Co., Ltd., payments Brewing Co. Stock 12-10 $5C (quar.)_ (correction)— intended hound 11-30 25c preferred Co. $1.50 were 5% preferred preferred 3.35% Public Service 12-19 12- Co. of New $1.12% Outboard Marine & Mfg. Co Owens-Illinois Glass (quar.) Pabst 12-19 Public Service $1.12% (quar.) (quar.) (quar.) 2nd conv. Elevator The 1 $1 preferred 10c 37%c 37%c 22%c ',11-13 .10-30 Seaboard 5% quar.)—— 20c (quar.) 11-20 11-14 Indiana— of 5% (quar.) Ontario Steel Products Otis 1 12- 593/8c dividend). 4*/2% class Co. (increased 30c Onondaga Pottery Co. (quar.) Ontario Jockey Club, Ltd Ontario & Quebec Railway (s-a) 7% 12- 12-15 $1 convertible Acceptance 12- y 4.88% preferred (quar.)— 4.32% preferred (quar.) 4.90% preferred (quar.). 61 %c common $1.72 > $3 - Inc., 4*/2% Colorado of $1.14 (quar.) (quar.) common preferred Omar, (quar.)——— Co. (quar.) 20c (stock Industries, 4% Gas, preferred Okonite Olin 12-21 12-15 11-16 common Service 4.92% — 3*/2% 1 ___ Ohio Oklahoma Co. Co. Public Service Common 12- (quar.) (year-end) 11-20 Corp. 111-13 1 (quar.) common (quar.) 12- 11-10 $1.12% Corp. preferred South (quar.) $$1.75 Ohio Forge & Machine $2.12 9 :io-23 1 1:35c __ 11-20 11- 7-20 11-14 11-23 100% (quar.).: (quar.) Finance .Co., 1-20 4-20 12- $1.07 */2 Seaboard Ltd.— Co., preferred (quar.)—— 10-16 1 _1 —L (s-a) Transport Service 11-25 12- preferred 30c — 11-20 Railway 11-16 (quar.) 4.56% -J- 4(4% 11-10 12-10 5% 2 Fund— Clark — Scythes & Co., Ltd., com. 11-20 8- 1 1 10-20 1 91*/4c (quar.) (quar. ( Stevens & dividend Stock Southern Public 12-10 25c Scudder, 11-20 11-13 12-10 $1.31% preferred 4.30% 11-20 5- : 1 .____ preferred 25- 5 2- 27 */2c _ Co 12-1 1 — 11-20 Dillon $1.12% 11-25 (quar.) Scotten, Scovill Mfg. Co.,. 3.65% 4*/2% 12- com. 10-15 11-20 11-10 52*/2C — Ltd., (quar.) Natural 22 */2c (quar.) Co. A Southern _. __ preferred 11-13 50c 11-25 5*/2% 12- 1 12-10 45c 10-24 (quar.) (quar.) $1.05 1 common! (quar.) Co. Mills Edison, (quar.) A A 27 */2c 27'/2C pfd. preferred 11-18 12- 50c common Service, (quar.) (quar.) 5*/2% 5*/2 % 11- 11-16 12-21 Inc. 10-24 Co. Provincial $1.50 (quar.) (quar.) Pharmacal Flour preferred Ohio Co. l Industries Southern 11-16 12-10 & & Gamble $1.40 (s-a) Northern Redwood Lumber dividend Schenley 11-13 1 • 111-12 , Schwitzer-Cummins, 12-1 12- 12-24 $1 12- 11-10 Stock 12-10 $1.06% Procter 85c 5% 50c 10-26 10-24 preferred (quar.)———— 4.20% preferred (quar.)_ 11-10 25c (quar.) .11-12 Southern 1 Co.— preferred pref. (quar.)_ America preierred 34 %c Extra 11-28 Corp Arms 10-23 12- 15c ; 25c Savage Extra of Brothers 5.04% (quar.) 1 12-10 4% 2 11- 1- 2 11-14 11—23 11-10 1- 2-15-54 5-15-54 45c 12- 1 4 Gas Co. 2 37 %C Co. —_ — Coke 14C 14c |$2 65c 1:20c Potash 1- 12- 15c Oil Texas (quar.)—_—— (quar.) 25c Central Ogilvie B Portland 93%C 50c . preferred (quar.) 5%% preferred (quar.)__ $4 Class $1.37*/2 20c . 1-2-54 1-2-54 12- 1 12- 1 11-25 11-17 12-1 1-15 12-21 12-1 12-1 12- 1 10-31 Quarterly Quarterly 11-14 12-1 10-16 Investment— American North 4 25C 6% North 11- 40c (quar.) Car Corp., com. (quar.) $2 convertible preferred (quar.) North American Cement, class A (quar.) Class 11-15 $1 (quar.) — adjust, North Ry., 1 Co. (quaij.) : Co. $1.20 2% $1.25 40c l*/2% ^ Company, $1.50 class A 75c Dock — (quar.) Poor & Price ____. Quarterly Co. dividend 11-20 50c __ Oil (quar.)— Mining j:$1.25 — Newport Niagara Stock Co. Polaris Ltd.— ; —__— preferred (quar.j— News Shipbuilding & Dry 5% Plymouth 15c (quar.)— Light & Power Co., (quar.) Tool — (quar.)——1-—' preferred, prior Plomb t30c preferred Common 5%% 11-30 12- 47*/2c (quar.) ———— dividend)- Pittsburgh Steel Co., com. (stock 5% preferred A (quar.) 1 12-10 40c com. 10% (quar.)_—50c $1 dividend) (stock 2 1- 50c (quar.) — Pillsbury Mills, Inc., common < $4 preferred (quar.)— Pittsburgh Plate Glass Co. (year-end) 10-30 Newfoundland $1.12 */2 £1 Holders 11-15 1 Stock 11-17 11-15 State (quar.)— common $1 preferred (quar.) —— Philadelphia Dairy Products Co. $4.50 1st preferred (quar.) $4 non-cum. 2nd preferred (quar.) 35c 40c 25c 12-15 60c Y. —-— Philadelphia Title Insurance Co. (extra) $2 Phillips Petroleum Co. (quar.)— 65c Phoenix Glass Co. (monthly) —%c 11-30 N. —_ When Payable of Ree. 14c (quar.) 11-27 Servomechanisms, 1-30 10-30 Air 12- 1 12-10 12-1 12-1 12-18 12-18 11-16 12-15 York $1.75 50c 35c Share Transit 11- 5% 11-16 11-16 12-1 ——. — Co., of Company Antonio San Securities 1 11-15 __________ (quar.)__ 1 1 1 7 Name 11-27 Seagrave 1 taken : Per of Rec: Co.— (quar.)— Helicopter " 12121212- 75c 20c usually \ $1.01 92*/2c $1.06 2- 20c New 12- 1 12- 1 12- postponed until No¬ Inc., Gas $1.17/a $1.12/2 35c _ (quar.) action been Meter Co., com. preferred (quar.) Britain (quar.) Mfg. Philadelphia Electric 37*/2c New Pheoll Co. 13-15 13- j 12-1 10c Co. Extra $2.40 (quar.) Gear & 7% Pfaudler 11-16 Corp. f% (quar.)— preferred (quar.)——— Peter Paul, Inc. <quar.)___ 12- 1- 2 11-15 H'15 11-15 11-16 13-15 18%c 10c —25c plus this dividend) General Bottlers, Inc. Cola /J"1® Monday, November 9, 1953 Holders $26.25 at 16 share per Pepsi Nov. on 11-20 57%c 62 %c $1.05 Fibre (dividend Brothers, redemption t5c 50C vember) Neptune for $1.75 . —,—-— ———— preferred (quar.) —— preferred (quar.)_. _. Pennsylvania Electric Co.—• 4.70% preferred series E (quar.)——--4.50% preferred series F (quar.)_ 4.40% preferred series B (quar.)! — 4.05% preferred series D (quar.)——— 3.70% preferred series C (quar.)—— Pennsylvania Power Co.," 4.24% pfd. (quar.) Pennsylvania RR. Co. (year-end) Penton Publishing Co.— $1.50 conv. class A (entire issue called When Payable 12-11 12-11 25c 50c $1 2c 30c 40c 25c 33c 32/2c +75c 12*/2c 40c ___ (quar.) (quar.) has dividend — 5% 12-14 11-18 (quar.) (quar.) common common 4.60% 12-14 net _ time 1 which —__ common Vulcanized Co. 12- invest¬ except $0.0071 (quar.) Extra this 6 9c Products, Inc., Co., preferred 4.20% (from capital) preferred 6 11- 2% — income return 11- 1 Service— Preferred Stock investment 1 12- $1.12% class A (quar.) class A pfd. (quar.)_ Castings Co,i.___ Series income) National 12- —___ Steel & Stock National at 1 35c (quar.) common 7% Malleable Natomas 4 12- Ltd., Stock 10-22 12- 12-31 +1 National Lead Co., $1.40 11-16 $37'/2c dividend National National Penn Fruit Co., tl5c (quar.) preferred (quar.) National Hosiery Mills, Ltd., National Penman's, U5c (quar.)—_____—_— Ltd., common preference (quar.) a 12-15 12-31 (quar.) (quar.) preferred $1.30 preferred 11-10 $12'/2c _ Grocers, Stock (quar.) 1-15 Canada of (quar.) preferred preferred 11-30 $1.06% $4.50 Is 11-10 1 120c conv. National 12- 25c (quar.) common $1.50 $1.32 15c _ Extra National 11-20 31 */4c (quar.) com. (quar.)____ Products Corp.— pfd. (quar.)-l (National Drug & Chemical 60c 12-10 65c 4%% Ltd., $1 $1.75 (quar.) common Container preferred $1.25 11-20 50c (quar.) National Distillers 12-10 $1.75 preferred (quar.) National 1-15-54 50c (quar.)___ common Casket Co., National 15c (quar.) ——— Laundry Service, * common-... >prior participating preferred Peninsular Grinding Wheel (year-end) —•— Peninsular Telephone Co. (quar.) 35c (quar,)_ (quar.) Corp. — 7% 10c National . Share of Company Special <quar.)__ ' 9 Ry.— ;___— Co. Acme 11- 60c Narragansett Racing Association Nashville, Chattanooga & St, Louis Per -Holders Payable of Ree. Share Name of Company ... 11-28 11- 9 $12*/2c 11-15 10-30 25c 1-7 J.2-24 2 12-15 II-15 10-31 12*/2c 40c 1- Volume 178 Number 5271... The Commercial and Financial Chronicle (1819) When Per Name of Co. Texas Company Texas-Illinois Natural Gas <extrai Common Pacific Pipeline & <R. *.$2.40 Co. Mfg., Co. Thriity Electric Drug Stores, Tailers, Oil 12-15 Willcox 12-15 5% 11-30 5% 11-15 10-30 Winn 40c 12- 1 11-16 15c 12- 1 11-16 (quar.)_____~ (N. 12-15 11-30 2 12-1 9-23 11-30 11-10 12- 11- 9 15c 12- 1 11- 9 115c Y.) 1- 2 12- 1 1 15c ._ $1.06 V* (reduced 11-27 B Grocery (Gar) Woodall $1.14 12- 1 5% 12- 1 12-15 12- 11-20 convertible (F. W.) & 6% preference Co., regis, Yellow 4 Wyandotte Worsted Co. 11-24 Carbon & Corp. (quar.)— \ $3.50 11-16 1- 4 preferred (quar.) preferred 12-30 50c 1212- 5 ox" 11-16 10-20 $1 11-16 Car 11-20 (quar.)__ 50c 11-10 10-12 10% 12-10 11-13 93%c 12- 9 12- 1 United Aircraft Stock 1 Artists 5% - Inc., United Brick Circuit, 4-30-54 7-10 Series Tile United Class B books not ——— $1.25 12J/2c 12- 1 11-24 (quar.) Ltd., class — 11-20 y Corrected (quar.)___ United Gas 4»/4% U. S. $7 U. preferred S. (year-end)— common published 11-10 7V2c 12-21 12- 11-30 11-16 (quar.) — Machinery Corp.—preferred (quar.) __■ ___— S. Lines Co.. U. S. Loan Society 4V2% preferred (s-a) (Phila.) (s-a) S. U. S. & Co. Common 5% (year-end) preference S. 12-21 12- 11-16 10-31 Henderson, 11-30 10-31 will 11-30 10-31 Calif., 7 Construction of series A with U. S. U. (quar.)— —__—_____ S. Vitamin United Steel Stores Universal ____ (quar.) Corp. Corp., will Valspar Value Van Insurance Pictures Corp., Line Income Norman (quar.) ._— pfd. (quar.)— preferred (From (s-al earned , preferred — (quar.) 1 9 $1.06V4 12- 1 11-19 preferred —. 6% Vogt preferred 25,000 11-15 — (S. $4.50 D.) Co., preferred ; Warren — (quar.)—_ 11-20 1-1 12-16 $1 12- 1 11-16 1- 2 20c 56V4C 11-16 11- 12- 11-16 1 12-15 2 75c 12-10 11- 11-20 11- (one shares offered the 15 and Nevada Las Vegas, Ney., 25c $1.06'/4 * $2 11c 11-25 12- 11-10 1 11-13 12- 1 2-1-54 also directly to industrial company share each 11-16 1-15 of 40 at preferred and Corp., Mina, Oct. on 22 filed shares 1,000,000 Harold of 11- 6 $1.25 12-10 12- 12-15 11-16 Net the private offering stock) common 178, and of letter a of 11-16 35c 12-21 11-30 12-21 11-30 12-21 11-30 12-21 11-30 2-2-54 1-15 5-3-54 4-10 37V2c 8-2-54 12- 1 7-10 11- 9 10c 11-16 10-31 11-20 11- 2 11-18 11- 4 12- 1 11- 6 12- 1 11- 6 12- 1 11-13 $1.061/4 11-10 10-23 $1.12V2 11-10 10-23 11-16 11- 11-20 11-10 11-16 11-2 2 14c 11-16 10c 11-16 11- 2 75c 12-10 12- Offered 4% preferred conv. (quar.) (quar.) Indies West Point Manufacturing Co. West Virginia Sugar Corp. Pulp & 50c $4 pfd. West (quar.) 1- 2 12-15 $1 12- 1 11-13 25c (quar.) (quar.)__ 1- 4 12- 1 preferred oil of notiifcation with Western Air Western Canada Western 5% 5% 5% Lines, Pacific RR. preferred A preferred A preferred Western the net — other and 3.80% Co., Ltd. common proven Securities be used for semi-proven or of such Common GIVING stock (par 10 Corp., Its principal purpose exploring for oil New Mexico. The Its Mexico, which McAdams, Mexico. sufficient the and the has and of subject acquired; and business office from in Carl the is 2135 A. reserves has all Gold Juan Avenue, its Basin the of acres acquired, situated estimated are data royalties are not for by in Net ry. San of Juan Arriba 1,120 available acquired from and from County, acre this at Mr. interests were acquired in capital stock of the company, the normal landowner's royalty of Mexico, and Patent lease time to McAdams consideration plus $50,000. enuring to Landowners.—V. Northeastern 1953 railway railway— oper. 11-16 10-30 Net from 12- 10-31 Net ry. preferred B (George), Ltd., 4(2% Instrument Dental Mfg., 2 Jan. 1 1-2-54 12-17 —V. (quar.)_ com. Corp. (quar.)_ from 178, 4 Gross 50c 12- 1 11- 9 Net 12- 11- Net 25c 12-10 11-24 12- 11-13 1 9 ry. (quar.)— t$1.12'/fe (quar.) - 37'/2c ; 2% 1 11-19 11-19 11- 2 11-2 from Net ry. —V. 178, p. 4,052,030 3,768,363 941,785 331,337 1,048,695 1,017,401 418,102 393,443 Nov. 4 approved a proposal to change the name 177, p. 627. 1953 1952 1951 1950 $1,032,282 $1,041,404 $902,778 237,858 167,638 $855,706 222,710 102,252 75,436 34,233 85,946 8,318,489 8,443,156 6,760,130 1,971,289 8,746,958 2,026,492 2,018,878 629,389 692,787 600,674 1,356,783 484,896 income. 1276. p. 111.—V. S.E., See Rio Bank 177, 1952 1951 & Trust 2011. p. Noma Electric Corp. at 1, 1, next, $35,000 of 1961, at 10iy2 and Continental Illinois the ; above. company filed a registration statement with the SEC on Oct. 29, 1953, covering $25,000,000 of sinking fund debentures, due Nov. 1, 1973, to be offered for public sale through an underwriting group headed by Blyth & Co., Inc. The public offering price and under¬ writing terms are to be supplied by amendment. New since Net proceeds borrowings, struction 848,000 system will to Total capacity.—V. Total to repay working 178, of $16,000,000 capital of for and and property revenue ireight $1,030,246 $1,082,164 Total express 530,829 560,589 Total mail the bank con¬ increase 1571. p. ton 1953 flown flown miles 187,504 151,744 560,386 236,450 8,942,776 9,723,294 8,695,173 revenue 3,742,600 4,406,481 4,018,140 of-pericd items tended 1,190,261 1,395,346 flown 1952 2,339,5.08 2,078,209 82,387,870 75,108,926 — miles passenger miles ton $1,109,645 term to Airlines, Inc.—Operational Figures— miles revenue short financing facilities of September— Scheduled 1950 used acquisition Northwest 1276. be replenish and — 920,602 178,317 ; 873,235 173,914 378,800 ^ flown_,, 396,327 1,656,218 Revenue miles ton passenger Northwest Orient reports flown factor load Airlines because has the to 63.24% ; discontinued necessary distort COMPARATIVE the inclusion issuance in the 68.41% of past monthly of out- the actual results. STATEMENT OF 1953—3 Mos—1952 Oper! -Earnings— EARNINGS 1952 1951 1953—9 Mos.—7952 $598,747 $600,417 114,839 287,553 137,213 121,876 214,054 . $41,158,338 14,218,676 44,016,675 40,959,208 $2,502,337 $2,282,051 $3,166,386 557,387 129,229 551,076 $199,130 1,146,304 $2,411,280 $3,717,462 $1,345,434 1,508,100 923,700 1,863,300 382,800 $1,487,580 $1,854,162 $962,634 1950 $834,943 exps. — $47,183,061 15,585,627 revs $16,500,727 $1,551,624 Oper $18,087,963 $3,059,724 1953 $647,894 income 1276. Dec. Northern Natural Gas Co.—Registers With SEC— 1,838,770 - income redemption/qn Dec. Co., trustee, 231 So. La Salle St., Chicago 90, The Mr. enable p. for New They are the United 178, Co.—Partial Redemption— 4(4% bonds, series A, due interest. Payment will be made Northeast Capital Corp.—New Name— represent of Gas has called company 1374. railway—_ railway oper. 59,182 Corp.—Change in Name Approved— on 5,181,425 income— from Net 25,711 1,134,750 391,070 — 10,406,902 _ railway railway oper. 99,068 4,112,342 337,038 666,470 123,645 6,444,860 6,389,746 6,046,680 1,886,696 1,354,052 2,042,355 1,181,107 2,012,888 825,842 . 113,741 6,138,697 1,179,075 profit Non-oper. revs. Oper. 1 From Jan. 1— Gross pfd. 36,805 178,221 from from 129,134 1— 505,600 railway September— 12- 66.053 mortgage National RR.—Earnings— Orleans, Texas & Mexico Ry. 12-10 172,393 4,362,731 railway railway oper. accrued 1— p. 1950 $432,197 135,216 Period End. Sept. 30— New 1951 $390,790 income $1,085,474 . income railway oper. 1952 $530,136 Southern Ry.—Earnings— Jan. 178, The 2 2- 95c Corp., Electrioal S.) 11- 11- $5 (quar.) Weston (S. 11-16 11-16 2-15-54 $1.25 Alabama of 75c Gross Earnings— 1953 $492,562 from from President, area assignment Rio the These from from 492,080 *515,610 1276. p. income.— oper. ry. first Outstanding 1,596,000 shs. McAdams, San substantially company of 1,120 September— Gross 11- $1.25 ry. Net in overriding oil and gas royalties principally in the San Juan Basin area, royalties Orleans & Net 5,244,275 513,269 *429,047 railway Month New 5,449,168 504,324 *396,537 1270. p. from —V. of that State. the State 5,239 574 *437,501 for 2,500,000 shs. the to States, *39,621 corporation to Northeast Capital Corp.—V. Net for (EFFECT TO PRESENT FINANCING acquired quantitative owned. 10-30 1 178, stockholders Gross development 3,723.82 overriding royalty acres participating under a total of 63,475.7g acres, be the same more or less. Most of these lands are Federal and shares *85,157 1— oper. this Net M. overriding State 80,942 *13,036 575,893 railway railway 178, Net making of reliable estimation. The 21,430 income Jan. Norfolk incorporated June 22, 1953 in New Mexico. gas principal lease a No was embraces Counties addition 1950 $621,605 98,659 5,444,928 September— Gross from railway is investments overriding gas Arriba In N. company certain 1951 $559,166 52,684 *77,963 Noma Electric New wildcat; or properties cents) BUSINESS—Company and -Earnings- 1952 $654,796 income— North Shore 11-16 f25c 2,842,602 corporate purposes. necessary 11-15 $1.25 —.— (quar.) Electric Stock dividend (quar.) (quar.) Weston White (quar.) 3,305,242 1953 railway oper. From to are exploration CAPITALIZATION 15c (quar.)__ 607,715 $604,314 from The Gas Co., Albuquerque, Hunter proceeds properties, gas development From (quar.) Railway Westinghouse Inc. Breweries, 723,339 the publicly offered "as a speculation" an 748,000 shares of common stock (par 10 cents) and 40c 2 3,565,941 761,175 Ontario & Western Ry. railway railway. from cents per share. $1.12y2 Paper— (quar.) 4,066,417 80,371 railway ry. , 4V2% ry. —V. 5 1 (quar.) 688,086 1— oper. Net SEC 10-30 Co. 6,380,112 621,446 from Gross (par 1 cent) to be by stockholders at five cents per share, The proceeds are to be used for working capital. 11-20 1 6,784,686 sink. income Jan. from From 25,000 stock common Authorized 12- 4 714,921 84,575 after from Net 1669. p. Nev.—Files With 12-15 12- 763,140 sink. New York, Susquehanna & Western RR. of Nov. 1 33c $1 363,373 578,163 Cr435,195 September— owned leasehold interests; for acquiring and maintaining leases, leasehold interests and working interests; for the acquisition fee 12-10 25c Wesson Oil & Snowdrift, 1953—9 Mos.—1952 $ $ 13,783,874 123,800,219 119,974 528 10,792,517 98,812,568 96,576',846 1,088,000 9,814,000 -9'256[o00 321,785 . 2,838,461 2,357,986 573,350 5,091,931 „ 5,159,327 Cr394,785 Cr3,607,844 Cr3,321,684 1,032,000 charges— oper. Gross presently 10-30 11-13 40c common RR.—Earnings- 1953—Month—1952 $ $ (net) *Deficit.—V. 627. PROCEEDS—The of 12-21 (year-end) Co., 875,628 " 463,035 Laub, headed by through the First California Co.—V. Stock — on issue 12- 2 11-17 Weber Weeden.& 398,564 706,021 from subscription 177, p. M. 35c (quar.) Fixture ry. ry. users is company New Mexico-San Juan Natural 11-16 Wayne Screw Products Co. & 780,347 413,380 railway railway Net been President and principal stock¬ serving Barstow and Victorville, Calif. are Howard Lang, Vice-President; Jay Corp., Tungsten for York, 25c Showcase 1,047,606 505,892 from Net has years Gas without underwriting. —V. N. (year-end) Works Henderson, the company 10-30 40c end of covering 12-10 25c * Year SEC 11-13 25c (quar.) Corp. (quar.) Washington Gas Light Co. ' t, $4.25 preferred (quar.)— $4.50 conv. preferred (quar.) Washington Steel Corp. 2,253,940 10,951,738 before inc. Net 12-31 $1.13 — (quar.) Petroleum Waverly Oil units Nevada 4 25c common 2,429,569 funds 6 20c — 1949, past Albuquerque, (quar.) Walker & Co. <quar.)_— Warner & Swasey Co. (quar.) 42,762 2,893,861 rents cont. From 10-31 12-14 37V2c (quar.) Paso Southwest officers common 37J/2c — Corp. Warren in the of 12-11 \ (quar.) (quar.) Manufacturing Corp. Vulcan for 10-31 ' preferred El Vegas and Organized holder 11-15 $1.25 (quar.) Virginian Ry. 6% preferred 6% Las 1-2-54 $1.01 (quar.) $5 to Jenkins, Treasurer and Edward M. Berol, Secretary. Financing of construction is being accomplished through placement of $1,150,000 first mortgage bonds and public 11-30 $1.05 (quar.) preferred miles 12-15 $11- 30c $4.04 832 rents- inc. Gross areas in the United States. Gas will be Natural Gas Co. for resale to gas public utili¬ Other in The line Needles, growing 12-15 60c . (quar.) (final)- 'quar.) $4.20 110 near 12-28 . $12y2c (ouar.) Virginia Coal & Iron Co. (quar.)— Virginia- Electric & Power Co., com. ■ 88,989 *33,654 1276. p. expenses from Net Henderson. 65c Heating Corp., 5% preferred Vertientes-Camaguey Sugar (Cuba) Viceroy Mfg., class A (initial quar.) Chemical inc.) —— Vapor Vick _____ (quar.) of America Corp. approximately Co. 25c 2 & Gross and Vegas company. Gas 11- 1- 11-10 Co. this by Natural 11-18 11-25 (quar.) Steel Paso at 50c Fund Co. El Las 4 (quar.)— 4JA% started to gas 12- 10-27 conv. be of the that soon extend fastest natural 12-22 11-14 Co. Co., $4 Vanadium-Alloys Vanadium the bring ties 25c Universal of will to 1950 $265,077 fi78Sp~1276~" Net purchased from $1.50 Special .Universal 1951 38,704 13,959,240 New York, 6 (quar.)—."_ com. Fixed —V 6 Oil, Consolidated 1952 1,206,387 178, income Net 11- 10c * here. Corporation and 11- preferred $6 reported 11-17 t25c Ltd Corp., are 11-17 $1.75 Corp., common—._—1 preferred (quar.) United dates 25c 62y2c (quar.)— Steel 7% and The — com. shipbuilding contracts $210,126 ' incorrect. were pipeline a Nevada, connect $1 _— Spring & Bumper Co., preferred (quar,)_, long-term 51,526 September— 75c (quar.) 4%2% from 3,109,932 Taxes Other dates nine *20,062 revenue Equipment record aggregated corresponding up $276,252 income oper. Operating Operating (Continued from Page 16) 30c Playing Card Co Printing & Lithograph Co.— U. S. U. Foundry billings the made 63,859 ^ Nevada Natural Gas Pipe Line Co.—Construction— . 10c Pipe 1953 for New York, New Haven & Hartford Investment News 22y2c . Extra___ U. ry. Sinking 7 Hoffman U. 28, were 1953 Period End, Sept. 30— dividend, of - $298,467 railway railway Joint facility holders or $10 239 9 tax. General who — 4y2% 10-20 45c $1.06y4 common (quar.) Finishing Co., —$4*conv. preferred . 11-13 11-16 $1.75 Co., Air Conditioning Corp.— preferred (accum.) U. S. 11- 12-15 tax. income with Connecting RR.- -Earnings— funds one — Improvement f 11-30 5c $1.75 _—____—_—— (quar.) income income- oper. Net t5c —— — preferred reports "^Deficit.—V. resident tax 7%. payment Previous t37c tlOc (quar.) (quar,) Jamaica 12-1 25c 15%; income 11-10 12-15 Less x: 56y»c — A compared shipbuilding 12-16 75c this Net 11-10 2 British 11-13 12- resident tax Less a 11-13 Engineering & Foundry Co.— 7% 50% common, for totals railway from 11-13 1 $1.12*6 5% (quar.) common Special Common 1-16 Fields closed - United t4c ry. Net 11-13 12- $1.25 — (s-a) preferred Corp., 12-15 12-15 3% dividend A (interim) (stock dividend) Sept. $95,275,502 The From Jaii. 1— Gross from 4-10 Inc.— (quar.) & 25c 50c —_—_ —— Theatre Pnited Can & Glass Co., Stock (quar.)_;— common (quar.)— Corp., 5% conv. pfd. (quar.) Products, Inc. (resumed)— preferred 1-10 7-31-54 Gold ended with earlier. company from Net 11-10 _— dividend United 1-30-54 37>/2C Consolidated $8,240,009 11-10 12- (quar.)— i Aircraft 37»/2C Net 6 37'/2C Ltd. compared year New York 10-31 11- (quar.) 11-20 65c common 1 preferred United 11-15 11-23 (quar.) Mines, $11,992,- repairs and September— Gross from railway tPayable in U. S. Funds, less 15% Canadian non-residents' tax. tPayable in Canadian Funds, tax deductible at the source. Non¬ ; 10-20 4 (quar.) Lines, Extra 4Va% 10c 50c __. preferred ^Transfer 10-20 12- u———_l preferred A Air 11-13 preferred Bear Yosemite Park & Curry 10-20 11-16 Extra United 11-30 convertible Yuba 15c .— (quar.)--—_ Stock -dividend Tank 1-20 10c (quar.) Youngstown Sheet & Tube, $1.12 Va Calif., $3.75 1 convertible Yellowknife 9 10c tJnion Union 12-18 2- at respec¬ accessories, $985,717 against $1,431 108* and operation, $2,518,926 compared with $2,159,545. 12-18 2 preferred 9 — _______ Co. v 2 1- a the on pe™entage-of-completion basis, and states that such income 178 389 therefore vary from the billings on the contracts. —V 11-20 1- 16,146 11-20 1 convertible 11 11-16 The fnr 10-30 1 (quar.) 11- 1 1 92'/2c — preferred (quar.) $4.50 preferred (quar.) Co. 9 12- 6% 12-18 11- 8716c (quar.) Union Investment Oil 1212- Missouri $4 ■ 11-10 25c and of the following contracts, $64,320,060, against $49 028 303: ship conversions and repairs, $36,823,114, versus $35,113,664; hydraulic tuibines and accessories, $3,618,178 compared with $3,465,624; and other work and operation, $7,837,587 against £7,667,911. 11-13 1 and turbines work components: Cab Co.— * $3.70 1 12- hydraulic $112,598,939 11-13 12- 6% 12-18 50c of 11-30 50c 6% 25c 62V2c 50c Carbide 30c 3iy4c — Wysong & Miles ' Electric (quar.) 16,489 that billings during, the 1953 quarter comprised shipbuilding contracts, $23,367,361 against on conversions other months 10-31 25c Co. (quar.) Yale & Towne Mfg. Co. (extra) Special 11-14 ship ended major stated company following; totaled $299,615,713 numbered »iFoLono„nine months 2 30c Monthly 11-12 Union 1-15 25c 11-12 Union 11-16 Extra 12-10 Extra 11- 1 1-31 Monthly 1 12-10 (quar.)— 1 12- 3% 25c Corp. 12- 90c (monthly) 25c Street 45c $1.50 (s-a) Co. Steel Trinity Universal Insurance (Dallas, Texas)— Quarterly 12-18 25c Jr.) Transue 1 12-31 50c (Win. 11- 12- 11-20 and Extra 11-30 50c 364; Ltd.— 12-15 ' 1 — (quar.) 11-25 Co.—! 12- 11-30 (quar.) 35c Building Trust 12-15 the Wood Gar preferred Co. 11-10 (quar.)_ 763; 11c common 30c Forging 1 $1.25 (see Inc., W.) 11-17 2c __ 12- (monthly) Industries Industries, (F. 11-17 $1.25 quar.) The 2-19 1-29 on Sept. 1952. Employees 22, 1953 three months company reported on Nov. 2. Backlog of 28 was $219,374,133, as against the dates. 12-15 Co.— (s-a)— Woolworth 11-13 _i___ — tive 11c preferred & Lovett Machine (s-a) Pipe Line Corp. (quar.) Salle 10-30 Industries) ;_— __ Sept. 11-13 11-20 22, .1952, contracts $1.25 Sewing A Transcontinental Gas La 12-10 25c Sept. 25c Gibbs & .Wrigliey Royalty Building Corp. South 10-26 (quar.) Woolworth (quar.)———•——_—- 208 11-15 (quar.) preferred Wood — : _ Bell Tremont 10-26 6%> Co.— Williams 1 11-15 3.60% 25c (quar.) & 12- 17V2C (quar.) com. 55 Newport News Shipbuilding & Dry Dock Co.—Billings Billings during the three fiscal months ended Sept. 28 $35,112,013, compared with $25,822,780 for the 3 34 %c Inc., Electric Power, com. (year-end) preferred (quar.) preferred (quar.).. Wisconsin Power & Light (quar.)_ 11-30 25c (quar.) ___±'. (quar.)—— Co. 11- 12-15 12'/2c (quar.) Co. 11-16 $1 preferred Extra 11- 12-15 Wisconsin 15c 30c Co. 11-16 15c preferred Co. Holder« Payable of Rec 15c Monthly 50c L_ Oil Ltd. - (quar.) preferred Townsend Wilcox 12-15 ; Edison Tower 11-10 1-2-54 4.25% Tom 4 Stores Corp. 12- 1-2-54 4.56% ' Wickes $1 com Inc. Title Guarantee & Tiust Toledo 11-10 25c (quar.)_ Welder Associated ..Quarterly 4 60c Year-end Top conv 11-16 12- 3iy4C .*. Tide. Water 5>/2% 12-15 —— (quar.) (John R.) Co. Products, Inc., preferred (quar.) Thomson Auto (quar.)__— common quar.)_____" i (quar.) 1 White's - When Share Rubber I 35c (quar.)_ Extra Tip . Extra Bros. Quarterly Thompson Thompson '4% 6 Whitehead I.)— preferred conv. Shovel Thew ,i Glass 11- —25c — Oil $1.25 convertible preferred (quar.) 4% preferred series A (quar.)Thatcher 12-10 Name of Company 6 Co.— 1Inc. 11- 25c . Coal 'Extra Textron, 12-10 40c i- - Per Payable of Rec 75c (quar.) .Extra Texas Share Holderi 1,743,34^ Prov. -V. for 178, p. 1163. The Commercial and Financial Chronicle (1820) 56 Wet ry. $15,544,148 $17,977,206 4 401,810 6,154,315 3.987,986 7,668,761 Profit 1,977,303 2,715,937 1,573,773 3,820,969 Wet Wet ry. railway from —V. railway from Gross 135,411.261 129,775,489 125,064,982 113,733,657 25,030,468 23,127,486 23,037.318 22,750,265 11,227,822 11,563,013 9,941,817 9,830,717 income— oper. 178, before Net income taxes Federal income taxes for profit ♦Earnings — per share— common Septemberfrom railway- $1,066,748 $1,172,617 $1,015,257 $987,615 railway- 342,519 320,121 326.138 307,364 Wet ry. Jan. Wet ry. Federal Increased— 30— , income 541,880 - 507,077 (& Subs.)—Earnings- profit — share.., per and sales Net Profit before for Provision Warnings * $995,608 $952,383 outstanding—.— share common per third the for income operating figures $1.11 reported to reflect 1374. auditors' 178, cents a share. the company's net profit was $172,427, equal to 43 has started on construction of research announced on Pacific Gas first with the SEC 1, 1964, to interest accrued and for Nov. with 16; rights expire to Dec. on 16. No 1984 1, Nidorf Ifichael has and %eard P. Isaac and Hackett L. member a has remains Levy of elected been given been Chairman of the elected has been Vice-President Harold This as The W. to from its firm branch office and Director new a by the company on the Continent.—V. 178, on 34th Street off Fifth Avenue in the 11-story building occupied by James McCreery & Sons. news came in a joint announcement from Jerome K. Ohrbach, •President of Ohrbach's, Inc. and William Zeckendorf, President of "Webb & Knapp Inc., that Ohrbach's had completed negotiations for rental of the property from its new owners, Webb & Knapp. The Gtorbach's lease, which is of 90 years duration, commences on Feb. 1 and the actual move will take place as shortly thereafter as is phys¬ before $2,774,204 Brussels, in of Overseas 482. p. Common will have store new 425,000 square feet of space, p. compared with 668. 1,450,600 4,442,215 3,793,919 760,103 2,353,246 31,442 141,274 445,307 Its Oklahoma City-Ada-Atoka Ry.—Earnings- Wet $476,689 NOTE—The work $549,223 $1,643,662 $1,961,476 738,000 738,000 738,000 ry. Jan. from Gross Wet $0.74 $2.23 $2.10 25,409 53,439 30,623 will 16,950 9,258 ♦3,805 $71,016 s 798.499 178, 878,647 867,956 715.285 358,552 377,342 382,183 236,363 123,692 110,572 122,265 29,958 1476. p. to AA, mature 1, fifties The in Net —V. share per 178, shs. $65,327 $0.10 $0.15 outstanding) stockholders The j£ock at «ach 10 on of record before or $1 Dec. (Canadian) Nov. for 7 6 on held, The Royal Ganada, is subscription agent. Ltd. shares stew has that agreed it to Trust been basis Co., the offered additional the the of shares right of to with The •gent the as -resident directors will company who the not to appears of share and Toronto and the shortly be United before The the associated 'companies Nine Months Wet the States company from has any reason person to or believe his is the expire.—V. same (& Ended Sept. 174, ■Common after shares -•Earnings p. 1953 taxes on from the $2.19 $1.65 ___ The $2,309,844 sales— departments and 1952 $2,181,563 broad¬ 432,478 $2,848,811 profit $2,614,041 and •Depreciation general and expense— 1,960,802 amortization 70,000 1,905,040 65,000 with Gross from Net from Net ry. —V. •interest and the second will and final and 1 - miscellaneous income____.::_ZI~I. $818,009 $644,001 33,397 Increase the total of outstanding having the certificates will be used estimated to cost previously been equipment, to finance, $12,040,000. the tons of steel new rail, to of program cost track $8,800,000, improvement, third a larger States Steel than Co., placed those last Bethlehem Steel year, be laid in Pennsylvania's main line, and Co., reconditioning, will be high speed installed •■revision $851,406 for Federal income taxes__IZI~~Z $674,582 FOR SEPTEMBER AND 1953 FIRST NINE 1952 MONTHS 442,700 350,800 profit #After provision for depreciation, to broadcasting.—V. 172, p. 1439. $408,706 $323,782 fExcluslVfc of depreciation charged IS and include Mile, usable as as base a soil a for conditioner, other allied of source a products, Manu¬ other viruscides, for plant and soil treatment. The company distributor of products in various other fields. of the corporation will be Planter's Super- a as product Peat (to assay after minimum a and Inc.. 3% incorporation, assumed organic nitrogen, dry basis, its own existing Inc.—V. 178, corporation, stock common the corporation acquired all of of the liabilities of Mineralized Prod¬ certain previously a of Its which in exchange issued were 188,000 for Mineralized to 572. p. Poor & Co.—Earnings Show Gain— 1 Nine Months Ended Sept. 30— Profits Provision Net for lative share per 1952 $3,322,000 $2,455,000 2,212,000 1,563,000 $892,000 income on taxes income__ on profits ♦After It provision taxes for ♦Earnings class B stock on $2.56 $1.96 provision for class A stock participation at the annual rate of $1.50 further was the 1953 $1,110,000 before third that announced quarter rate. ended Sales 178, P. cumu¬ share. per Sept. the for the 30, nine operations 1953, months the hand on have of at Sept. this of been la company at maintained exceeded 1953 period same a $29,300,000, in 1952, an 30 stand at $10,000,000. increase of 1163. Power Condenser & Electronics Corp.—Files With SEC The of corporation covering which and for be filed 30 shares used laboratory underwriter.—V. Oct. on 47,000 to are of equipment. 176, letter a the notification of stock common finance to $1), (par corporation's Benjamin Currier W. with the the proceeds research program named was as 1771. p. Pressed Steel Car Co., Months Ended Profit before for Prov. 1951 income income . 6,094,792 7,097,001 4,899,328 6,724,7351 791,572,948 750,751,116 769,116,208 661,262,313 143,039,404 118,168,817 106,003,768 106,032,013 63,828,918 52,506,642 39,443,766 42,420,729 .. income.. Net at net $1.50 30 Oct. on 170,000 shares share per proceeds letter a used of notification stock common through be to are filed of Common ♦ fund Bank $1 series of New York debentures A Bank of value par per (par 10 cents) be to Joseph Faroll & Co., New York. working capital.—V. 177, p. 2251. for New due York trustee is Oct. has also stock.—V. common for issue an 1, 1968. been appointed 178, of 6% transfer sinking for agent 1476. p. working capital.—V, corporation its 178, York value —V. 178, N. Y. of at said There on of prior the such redemption cents of are of preferred a share stock do so by 120 preferred the stock share. per City reported of to Dec. on at Payment New be York, all next, 10, $51 per share be made will Broad 11 oustanding who stock to basis of share a the and of to redemption business stock. Scrip common stock. of Railway on Dec. Net End. Sept. 30— oper. oper. St., their in be lieu made of into the at for issued be of fractional the for 10, 1953—V. 178, p. 1953—Month—1952 revenue.. $4,074,746 expenses 3,159,828 common time stock Trust prior to 1163. 30,959 $32.14 $32.58 394 245 $31.63 459 Procter & Gamble Co. ret ' (& Subs.)—Earnings— 1953 profit share per Provision has on 1952 $ for the excess been profits ♦14,245,795 common made taxes of $18,895,000 and for excess tax stock has 12,637,203 $1.48 United States and $1.31 Foreign profits tax of $4,058,000. The been made law, which is scheduled to expire Dec. 31, at the rate 1953.—V. in 178, p. income provision the current 761. Public Service Co. of New Hampshire—Secondary Of¬ fering—A secondary offering of 5,000 shares of common stock (par $10) was made on Oct. 26 by Blyth & Co., Inc., at $28.50 per share, with a dealer's discount of 50 cents share. A small 178, p. unsold portion Rockland Light & Power Co.—Banker Charles W. withdrawn was on 1059. on Board— Hawkins, President of the First National Bank of Spring a director,—V. 178, p. 1671. Valley, N. Y., has been elected Rockwell Manufacturing Co.—Secondary Offering—A secondary offering of 8,000 shares of common stock (par $2.50) was made on Nov. 2 by Blyth & Co., Inc., at $25 per share, with a dealer's discount of 70 cents per share. It was completed.—V. 178, p. 572. . . „„T1?!L!l:ompany filed —V. 178, p. registration statement with the SEC on Oct. 1671. Royal Typewriter Co., Inc. Years Ended Net sales Profit 1953—9 Mos.—1952 $4,332,277 $38,473,618 3,244.633 29,597,655 a 29, 1953, covering $1,750,000 of Employees' Interests in the company's Employees' Stock Purchase Plan together with 50,000 shares of the company s common stock, $10 par value, purchasable under the plan. Excess $32,347,040 27,860,410 $1,087,644 $8,875,963 $4,486,630 Net railway oper. income 1,231,074 1,185.869 10,636,110 6,957,542 1277. 50,522 61,847 share per ' 1951 $1,008,646 such $914,918 —V. 178, p. 1952 $1,623,641 nearest Corporation any into stock will to con¬ 1953, certificates shares be may 10, from ry. oper. rev. 1953 $1,956,386 Three Months Ended Sept. 30— July 31— _ (& Subs.)—Earnings— 1953 „ __ before Provision Period Price Growth Stock Fund, Inc.—Assets— 3,600 about common certificates stock will Holders convert Dec. on shares calculation common desire of 3.7037 of for called close surrendering their certificates at Broadway, New York 5, N. Y„ business 483. p. Rotary Electric Steel Co.—Registers With SEC— preferred any fraction of shares of such stock, of 42 Bank preferred time any stock share l/100th for convertible of National 15. $0.76 178, 668. p. 571. p. shares. Shares verted close called dividends Chase these each has outstanding 4V4% accrued The $1.35 : requirements.—V. Number of stockholders per Pitney-Bowes, Inc.—Calls Convertible Preferred Stock of 1,583,169 share dividend outstanding Net asset Oct. 27.—V. The 198,44$ $923,476 1,045,500 outstanding common preferred Petroleum Service, Inc., Dallas, Tex.—Files With SEC for 1,121,925 1,783,278 $2,265,477 shares After Shares the with Petrolane Gas Co., Inc.—Trustee—Transfer Agent— The 4,048,755 profit Earnings Manufacturing Corp., N. Y.—Files— corporation offered 1952 «6 Perfect-Line The taxes taxes Total net assets 1950 1276. covering j 1953 $74,512,314 $34,036,062 Consolidated SEC Inc.—Earnings— Sept. 30— sales As of Sept. 30— $86,759,447 $90,768,017 $88,970,385 $82,262,288 14,929,275 15,986,470 14,116,488 16.490,297 _ railway oper. Railway Wet 1953. Miracle 220 in Pittsburgh & Lake Erie RR.—EarningsTotal act assets ucts, Net 30,581 * material Immediately series instalment certificates of United will railway... 178, p. may Operating profit and ♦Earnings rail railway... railway. income.. Company, • at 6, July on 30. oper. common 538,967 _ maintained are notice 60 days' upon Florida content). for 17 From Jan. 1— of 1953 offices in products of a nature necessary to the retail agricultural trade, including a planned expansion production and disrtibution of fertilizers, insecticides, for Nitrogen and including Steel Rail— net from from and p. 2459. organized » humus, also initial Nine are for Operating Nov. on cerficates, 1954 to Co. new ry. New July 31— leased gross (EST) trust 1, such new Oct. on which placed Net 486,682 requirements.—V. 177, casting net profit TTotal of sale 100,000 Steel Gross $971,181 Co.—Earnings— profit for the used 482,682 per common share Six Months Ended •Income issued September— at Gross constitute 1952 $1,227,731 outstanding and will wholesale —V. The company on Oct. 30 filed a letter of notification with the SEC covering $300,000 of 6% convertible debentures due 1963 to be offered at par through Garrett & Co., Dallas, Texas. The net proceeds are to be Subs.)—Earnings- 30— was Suburban $28,716,750 $27,592,655 •After preferred dividend Outlet March 1811, a 1790. 100 000 shs. 349,000 shs. compared to $24,400,000 foi1 20%. The unshipped orders or — profit from orders, The subscriptions Outstanding 500,000 shs. Fla. processed facture steady 482. p. for of FINANCING cents)__—___ 50 executive (T. Rowe) determine. may or Oswego Falls Corp. -fifties be to EARNINGS Montreal, percentage PRESENT 100,000 shs. and organics 0 firmly subsidiaries accept from replacing rail which, after tracks carrying lighter traffic.- any territory or possession thereof. 3$ is expected, however, that the warrants will be traded in in Canada until Room at company Pennsylvania RR.'s continuing be capital new one •would ordinarily be entitled to. As a consideration therefor and for .guaranteeing a loan to the company of $600,000 Ventures Ltd. has t»een granted the privilege of purchasing these shares at the same price, namely, $1 a share, at any time within one year from the •ate of this offering. Any shares not taken up and paid for under this offering will be dealt will $4,800,000 announced The purchase its and have 500,000 share per shares Ventures the annually the purchase of Net Opemiska Copper Mines (Quebec), Ltd., Toronto, Ont., Canada—Shares Offered to Stockholders— subscribe funds Orders for were 62,000 $44,212 __ (on 431,925 EFFECT TO (par $2) owns approximately 730 acres of peat deposits and equipment, all located in Palm Beach County, Fla. The corporation plans to produce by mechanical dehydration and special processing, a high nitrogen, all organic, horticultural peat material. 87,327 45,000 1476. p. by track, 89,212 !___ profits Profit taxes GIVING corporation plant SEO certificates part, All $4,278,706 $11,907,058 income taxes 1.—V. 178, 1968. certificates Inland 9 Months 3 Months — before Federal income $282,000 $9,030,000, will Period Ended Sept. 30, 1953— Offered— issued. The Olympic Radio & Television Inc.—Earnings— Profit received be Orders $8,800,000 income— •Deficit.—V. "Federal earnings were affected by a five weeks Rapids, Iowa plant. A satisfactory settle¬ Bldg., Philadelphia 4, Pa., up to noon purchase from it of $4,430,000 equipment -the 22,985 3,363 railway oper. quarter the Cedar Pennsylvania RR.—To Sell Equipment Trusts— 1— railway from Wet ry. $87,452 income— oper. From thiid stoppage at Bids to 1952 $104,236 working Securities the (par Gables, The a 738,000 $0.65 ment allowed the resumption of operations on Oct. such 1950 1951 1953 $74,608 railway from Wet stock principal Coral 1,988,183 254,260 tax outstanding per share._____ Earned These September— from railway for are & BUSINESS—Corporation 1953—9 Mos.—1952 $9,005,646 1,089,405 taxes income March Gross and — The preferred stock is redeemable, all or in part, at $2.25 per share. shares $3,171,275 $10,008,649 Station possible. The (Fla.) offered to be capital. be to par) proceeds Authorized 4ng business ically equipment cumulative preferred stock will also 581,274 inc. profits excess Shares «ow 285,000 square feet in its present quarters.—V. 178, Edenfield (no th» with notfiication of The Inc.—Earnings— 1953—3 MOS.—1952 operations Profit Net The stock Corp. CAPITALIZATION 6% program has Federal income tax on letter net proceeds, $85,756 will be used in payment existing obligations, $65,000 toward purchase of new machinery equipment, $35,000 for modernization of present plant and equip¬ ment and purchase of auxiliary equipment, and the remainder for working capital. profit and income from Nov. 3 that this corporation will move 14th Street address into the heart of New York City's retailofficially disclosed 1571. p. Vice-President Jeeves, Penick & Ford, Ltd., Ohrbach's, Inc., N. Y.—To Lease McCreery Bldg.— was New 178, established has R. pharmaceutical Gross Fed. tt Co., Period End. Sept. 30— the member of a continue 176, p. 1676. perform in behalf of the company as heretofore.—V. ': due 4% "V" for temporary bonds at the City York, and at the American Trust Co., major distributors In every European .country outside the Iron Curtain, but the Brussels branch is the first Mr. Nidorf Board. the board. President and purchase PROCEEDS—Of Products, long-term contract. board member and will a series bonds exchangeable Calif.—V. company Belgium, new a refunding now in Personnel— Official Films, Inc.—Changes a underwriting. of Operations, announced on Oct. 30. to be owned ■was mortgage and Trust Farmers Francisco, Co.—Definitive Bonds— Electric & are Parke, Davis & Co.—Establishes Brussels Branch— by common subscription of stock held underwriting is -involved. The proceeds are to be used to reduce bank loans, purchase equipment, to explore foreign patents and for working capital. of «s filed common of without Peat fungicides and convertible serial notes due Jan. rate of $125 of notes for each four shares -stockholders at on Definitive San Oct. 30 filed a letter of notification 6% 100% at %e offered $100,000 new at Los Nietos, Cailf. John D. Fredericks^ President, Oct. 26. Scheduled for completion by the first of the the laboratory will be devoted primarily to further improving the quality of the company's clay products and to developing methods of producing longer lengths of vitrified clay pipe.—V. 160. p, 49. June of $125,000 land, Frank L. 26 shares share, lease to Oct. on 900 per Planter's laboratory year Bank corporation used current $1.06 Nylok Corp., New York—Files With SEC— The $u,ao the of the three months ended Sept. 30, totaled $1,583,719, as compared the corresponding period of 1952. Net profit after a'-l charges, including provision for Federal taxes, was $200,344, or 50 cents a share for the third quarter of 1953. In the like period a year been p. -covering quarter $1,581,202 for changed from those previously year end and Income tax adjustments.— have 1952 V. ——— income.--——————— Net — $1.15 — other Work and adjustments less returns corporation covering $100 year, ago, 1953 *1952 $13,814,672 $13,225,573 taxes on income^.-————— 2,378,741 2,191,335 U. S. taxes on income (estimated) 1,383,133 1,239,002 Months Ended Sept. 30— sales 358,000 (estimated)..— taxes income 3,617,081 464,000 administrative expenses.——- and Earnings to Norwich Pharmacal Co. Nine Gross $4,3**2,222 3,455,720 — . at and 1.852.570 1276. p. Operating other 126,283 7,743,352 2,565,252 income. oper. —V. 178, 37,090 8,629,099 1.757,083 231,441 and sales Net railway from 46,827 9,986,561 2,681,916 436,187 1— railway- from Wet 54,741 9,989,159 income.. oper. From Months Ended Sept. Nine Net 1950 1951 1952 - SEC Co., Miami, Fla., on Nov. 2 pub¬ licly offered "as a speculation" 100,000 shares of 6% cumulative preferred stock (par $2) and 100,000 shares of common stock (par 50 cents) in units of one share of each class of stock at $2.50 per unit. 178, p. 1571. preferred dividend requirements.—V. ♦After Earnings— 1953 Gross Gross $337,228 $0.21 ; . Pacific Clay Products—Earnings from $9,759,543 468,873 131,645 $607,556 $0.39 Federal 1276. p. Northwestern Pacific RR. Wet 1,010,556 403,000 $8,616,754 Provision - income— oper. Prom Jan. 1— Plantation Farms, Inc., Pleasantville, N. J.—Files— The 1953 30— sales Net $16,803,824 $17,754,939 railway from Wet Three Months Ended Sept. 1950 1951 1952 1953 (& Subs.)—Earnings— Pabco Products, Inc. Northern Pacific Ry.—Earnings— September— •Gross from railway Monday, November 9, 1953 ... for profits income taxes— Federal tax income taxes 3,190,985 ; dividends $2,776,090 ♦After ~Z paid Common dividends paid Common shares outstanding ♦Earnings per common 2 878 585 Cr445,31T Net profit Preferred ' 1952 $68,986,574 $58,204,464 5,967,075 - 5,541,972 share $3,108,704 1 "I I 255,606 255,429 1304,208 2,155,753 1,088,129 1,088,129 $2.32 $2.62 preferred dividend requirements.—V. 178, p. 669. Financial Chronicle Number 5271... The Commercial and Volume 178 §At Rutland RR.—Earnings— Bet ry. 49,698 20,555 3,745,967 4,245,368 288,721 339,198 *117,530 *126,961 *118,181 71,809 income oper. 4,223,923 312,592 *116,885 4,413,633 319,527 $532,668 102,913 railway railway from Bet 1952 1953 $474,175 from dross From Jan. 1— from dross Bet from Ret ry. railway income— ^Deficit.—V. there 27 shares of 31,375 were stock common for reserved South Atlantic Gas Co.—Stock Sold—The public offercommon stock at $12 per share has completed, all of said shares having been sold. See details in V. 178, p. 1671. conversion of series B and series C preferred shares, and of the 40,000 series D preferred shares there will be issuance upon ing of 25,000 shares of been reserved 32,000 additional shares of common stock for subse¬ quent issuance upon conversion of series D preferred shares. Upon issuance of the series D preferred shares the aggregate number of initially shares then reserved for conversion of outstanding series B, and series D preferred shares will be 63,375 shares, subject to adjustment by reason of any conversion of series B or series C preferred shares which may occur between Oct. 27 and the date upon common railway oper. Oct. Issuance upon 1950 $527,710 58,167 10,793 1951 $479,397 67,565 16,961 September— 57 (1821) which 178, p. 1277. South C series minor the series D preferred shares issued. are Coast Corp.—-Earnings— Years Ended July 31— Other underwriters named below acting severally the number of series D preferred shares set respective names: 1953 1952 1951 1950 $22,638,335 $20,366,266 $17,887,621 $17,826,953 288,035 229,479 255,457 210,784 sales Net revenues UNDERWRITERS—The have Ruud Manufacturing Co.—Highlights of Year— Ended Year Ret sales, June 30— 1953 before taxes and $6,480,072 300,570 inc. on credit income "Taxes on 127,172 Cr56,6lo (net of applicable credits) 149,732 their Witter Dean Ret at working $150,838 Elworthy capital at June 30 Inventories Stockholders' Book equity of outstanding stock— paid: In stock—three 2% divs. at market $179,782 530,413 3,098,942 2,123,083 4,119,017 $23.90 30 $24.68 value Dividends of value 127,335 47,061 shares Earnings, —V. share per 176, pp. 1268 166,870 176,665 166,87o $0.85 outstanding $1.08 outstanding and 2273. 178, $1,141,501 $1,150,541 $1,199,732 13,891 158,874 6,925 254,205 From Jan. 1— Bet 48,357 Bet ry. *16,361 144,713 11,973,622 11,896,407 Nov. on 2,100,823 1,879,572 2,181,431 1,902,703 1,322,382 1,185,007 1,073,566 income— oper. *Deficit.—V. 178, three the Railway Railway oper. 1953—Month—1952 $5,278,360 revenue— expenses large Bet rev. $1,568,729 railway —V. 178, will instead use Both available. tidewater added York New Inc.—V. Co. inc.— oper. San Diego 706,572 (par $10) was made $15 per share, with It Oct. 26 by Blyth & Co., Inc., at dealer's discount of 35 cents per on a COMPARATIVE INCOME ACCOUNT ■Operating Operating and taxes 29,612,997 $5,086,076 8,734 21,736 Profit before Net $5,694,675 1,185,274 885,252 $4,222,560 (net) income ^Preferred dividends 931,000 931,000 1,920,000 dividends 1,920 000 —V. 178, p. 245. Earnings —V. Water Works—Preferred Stock Sold—Men¬ issue of Nov. 2 of the public offer¬ ing by Dean Witter & Co. and associates of 40,000 shares -of 4.7% our cumulative preferred •at $26.50 per share and accrued dividends. quickly oversubscribed. -was Further details follow: ferred stock •stock if converted shares 0.7571 "Of of if converted on after prior or stock common Dec. to Dec. 31. for 1958, 31, each and 1958, share on and of the at said before Dec. 31, or dividends accrued to the date of redemption: 1958 at $27.50 (Share; Jan. after at share; per 1, to 1964 $26.25 The to (a) cost 1, 1959 1968 31, at to Dec. 31, $26.50 or 1963 at $27.00 share; per and per there¬ defray intends to company such use net proceeds as fol¬ to pay bank loans obtained to defray a portion of company's construction program and (b) the balance further portion of the cost of the company's construction In financing from cash capital expenditures for the current year, it is sions, earnings retained in the business and proceeds from the sale of The remainder -expenditures is ties offered In of the expected to cash requirement be obtained for the year's capital, by the proceeds of the securi¬ San Jose Water Works is the ultimate Water Co., which was incorporated in 1866. The utility water company serving water in San Jose, Gatos, Saratoga, and adjacent territory, all in the public Los Clara, CAPITALIZATION Calif. The estimated population GIVING EFFECT TO PRESENT Authorized the of bonds, 3Va % series cum. pfd. stock, series A 43i% cum. pfd. stock, series B (con- vertible in stock 30, 1959) pfd. stock, series C cum. into Sept. ♦Cum. pfd. H, J, I. common 40,000 shs. on common 30, stock *By virtue of (par E, 18,117 shs. and the F, G, $2,066,265 1,233,077 $2.35 Aleutians.—V. 178, 1,233,052 $1.37 Farms per share, number was 177, Debentures privately placed recently basis. from Privately— from ry. —V. $2,000,000 of 1962, at 91^4% 178, p. Income— 2013. p. stockholders, including Special Invest¬ 1953 $2,733,243 956,538 688,762 1952 $2,911,922 1,231,367 704,765 1951 $2,856,990 1,238,282 575,014 $2,607,223 1,126,064 915,10g 24,187,506 9,098,626 4,969,118 23,294,455 8,454,776 4,636,873 23,102,948 19,024,94* Cost sale from of Mill 1269. Shelter Manufacturing Corp.—Earnings1953—3 Mos.—1952 1953—9 Mos.—1952 sales $11,209,890 $9,610,000 $36,983,136 $31,855,527 Profit before inc. taxes 1,718,324 881,300 5,527,596 3,563,457 Prov. for income taxes 845,812 450,770 2,824,786 1,921,090 profit —_ *~t$872,512 $0.91 *Earnings per share all proceeds net of 31— goods 1953 advertising for and from admin, 357,285 56,335 *32,974 $252,233 of $ Profit before Taxes inc. 55,096,493 12,390,625 3,513,800 taxes income—— on Earns, * 0,876,825 5,746,117 income— Net outstanding com. per Re-rtated common increased shares of from, 250,000 the to 140.000 shs. 161,603 shs. company, par 750,000. ^Cumulative preferred stock, series D < convertible into common stock from Jan. 1, 1954, to and including Dec. 31, 1963). inc. other the 9,477,617 2,846,200 6,631,417 2,373,058 *$1.15 the 5,746,117.2 of basis NOTE—On record common at 4, Sept. the close stock company (est.) 20,200,000 13,000,000. 60,600,000 38,400,000 (est.) 48,843,658 43,204,298 140,217,394 130,364,01$ $1.70 $1.51 $4.89 $4.5$ on income nonrecurring profit of $6,890,423 on sale of Pacific* Public Service Co. common stock. After applicable taxes of $1,900,008, *Includes 1953—9 Mos.—1952 $ 22,600,100 5,746,117 $3.93 shares per Net consolidated 19,855,983 2,873,058 *$3.45 of on to Provision Net $25 Earnings —V. —1 . 1952 $ $6.45 $6.85 — non-recurring profit oa Interstate Natural Gas stock and a tax refund applicable- of for current year include the a about $15,000,000 after tax.—V. 178, 669. years which aggregate Oct. Hailey, Ida.—Files With SEC— 30 filed a —V. letter of notification with the SEC 1953 depreciation, before 1952 165, Total assets -rV. 178, 269,000 208,000 100,300 Profit income 145,000 204,000 171,000 Prov. $574,981 1,623,828 $0.35 $551,395 1,623,826 $0.34 $487,724 1,865,940 $0.26 U. S. shares capital share capital per 177, p. 2573. taxes $6,700,085 $6,320,943 30,'52 $5,804,772? $21.79 $21.93 $23.21 p. $22.6$ share 1060. Sterchi Bros Stores, Colombian income taxes— for per 1951 de¬ — $6,688,445 assets net Net $873,936 103,812 11,100 taxes-, - Assets— Sept. 30,'53 June 30,'53 Dec. 31,"52 Sept. As Of $1,103,321 107,526 32400 income 2931. p. Stein Roe & Farnham Fund, Inc.—Net $1,124,286 113,105 22,200 and O.—Loan Placed Pri¬ vately.—The company has arranged to borrow $3,000,000 on a 10-year unsecured loan from Equitable Insurance Co. of Iowa, Central Life Assurance Co., Continental Assurance Co. and Lincoln National Life Insurance Co. par earnings Number prior 1953 *415,000,000 391,000,009 _. State Finance Co., Youngstown, 1953 the company distributed to stockholders of business Aug. 12, 1953 one additional share 1,000,000 share i, Depreciation Depletion for sale the p. at Sept. 30— earnings (est.)— share— per results *The South American Gold & Platinum Co. (& Subs.)—Earn. Prov. outstanding. $ Nine Months Ended 27,118,783 7,262,800 outstanding stock on Standard Oil Co. (New Jersey)—Earnings Higher— $ 31,319,300 8,719,200 a gain is equal to 17c a share of capital 28,673,192 shares.—V. 178, p. 669. net tBased shares of common stock to be offered at par (25 through E. W. Roberts & Co., Twin Falls, Idaho.1 The net proceeds are to be used to purchase machinery and equip¬ ment,—V. 174, p. 455. i covering pletion s tEarnings per share value for each such share held of record the said record date.—V. 178, p. 762. Earn ngs $ 1953. of The 1953—9 Mos.—1952 $ taxes income and Net 52,827,995 160,564,191 151,438,273 $1.54 share— on 1953—3 Mos.—1952 299,232,634 281,451,675*859,381,537 810,522,663. taxes 69,043,658 56,204,298 200,817,394 168,764,01$ - before Earnings Com. shares Subs.)—Earnings- Wallace, Ida.—Files— 1953—3 Mos.—1952 income $33,399 for Federal Income tax required due to carry forward year ended May 31, 1953.—V. 175, p. 462. income Profit (& Subs.)—Earnings$ operating 93,009 fiscal $ Oct. 29 filed a letter of notification with the SEC covering. 721,065 shares of common stock to be offered at par (10 cents per share), without underwriting. The'proceeds are to be used to develop properties.—V. 178, p. 390. period End. Sept. 30— 87,65? 30,000 Period End. Sept. 30— Gross on Skelly Oil Co. 617,589» expenses Income it, $1,642,367 $1.72 based company 8,625,83# depreciation and income tax provision from Fed. Silver Buckle Mining Co., 1952 $9,457,478. 4,346,269 profit *No 178, p. 1514. The 5,723,712 3,614,891 $5,075,096 services and services and goods deductions Net on life 8,906.591 4,486,628 closing expense— credit 953,280 shares now outstanding, t Includes insurance of $127,689 or. 13 cents a share.— years from $430,530; t$2,702,810 $0.45 ' $2.83 1950 Standard Milling Co.—Earnings Show Gain— period End. Sept. 30— in b» 1375. p. 3 Months Ended Aug. Other 176, railway railway oper. Income Net Based will From Jan. 1— Gross Provision * stock Spokane Portland & Seattle Ry.—Earnings— Selling, Net The 572. p. September— from railway Net from railway Net ry. oper. income— through Central Republic Co. below.—V. 178, Gross Shoe Co.—Expansion— Incorporated stock from other of such Net Co.—Places insurance companies Textron commitment firm a employees of the company and its subsidiaries under "Employee Purchase Plan." The net proceeds are to be working capital.—V. ments.—V. 1671. p. 6 Months Ended June 30— 500.000 shs. §750.000 shs. $25)_ 19,308 shs. an authorized $25 $3,254,564 or amendment of the amended articles of incorpora¬ tion of the company, effective April 10, 1953, the authorized number "of preferred shares o"f the company, par value $25 per share, was in¬ creased by 500,000 shares of series D. E, F, G, H, I, J, K, L, -M and N. value 2,683,739 was recently awarded a contract by the U. S. Air flight operations across the Pacific. One service will Honolulu arid Wake Island, the other touching Alaska company cents (conr on 20,062 shs. series D, L, M and N K, to shares Snoose Mining Co., 30,000 shs. t 18,652 shs. 1962) stock, stock on to engaged in the manufacture of tin and glass food containers at plants' in California, some of which are leased from Hunt Foods. A major portion of United Can's sales are made to Hunt Foods, which comprise the major source of Hunt Foods' supply. Hunt Foods Is a packer oM fruits and vegetables and related specialties. Hunt Foods purchased* from non-affiliated interests 16,754 shares of United Can stock $11.50 a share, and made an offer to purchase up to 83,246 additions* 4,750,004 8,043,674 conduct Selby on or June vertible Outstanding 1,500,000 43i'' ♦Common 11,298,238 taxes C, May 1, 1976 Preferred stock (par $25): before bonds only The SEC on Nov. 3 granted an application of this corporation for exemption with respect to its proposal to sell all of its holdings, con¬ sisting of 10,500 shares of common stock, of United Can & Glass C©.» to Hunt Foods, Inc., at a price of $11.50 a share. United Can is 1953 1952 $98,408,530 $72,351,025 Sept. 30— — of the company's added corporation the See FINANCING $5,280,000 mortgage before $545,138 600,000 $0.91 390. p. of due 4.7% 600,000 $1.19 the 4 5!/2 % of shares of offer (Inc.) of Chicago, 111.—V. 178, p. 1277. area bonds, series B. due 1975 1, $712,114 share common way Sept. 30, Birst mortgage 3"r. Co., Amarillo, Tex.—Regis¬ Commission— j filed a registration statement with the SEC capital debentures, series B, due Dec. ls common stock (par $5). The First Trust Lincoln, Neb., has been named as principal underwriter and will Nov. on $700,000 suc¬ served^ is 220,000. Nov. $1,071,133 600,000 $1.79 shares of common per to by to 11 of the San Jose County of Santa Investment 10,000 offered the Street, San Jose 3, Calif. a Equipments— bids at noon, (EST) Dec. 3, on a> certificates due in l-to-15-years. of the cost of 1,108 new freight* Special Investments & Securities, Inc.—Proposed Sale income Gross is $0.85 1952 1572, p. company Co. of hereby. BUSINESS—The company was incorporated in California on Oct. 24, 1931, and has its principal executive offices at 374 West Santa Clara TPirst 755,800 day. The of anticipated continued growth of population in the area by the company and high costs of property installations and a-eplacements, it appears that financing needs will be substantial for The year 1954 and subsequent years. Campbell, 1,579,741 2,484,900 ——- — Seabrook view cessor 178, Net «erved company 550,318 $1.28 — open and 1963, esti- company will have approximately $600,000 available hand at the beginning of the year, depreciation provi¬ on taxes income for 178, and the that land. be V. program. -anated $525,281 547,468 to plans company covering 1951 $6,254,272 1,300,938 earnings Force the a $700,784 — share common Standard Oil Co. of California (<& $900,000 of 1953 1952 $14,551,284 $10,302,445 3,556,033 2,291,855 Seaboard & Western Airlines, Inc.—Operations Incr.— This corporation on Nov. 4 reported that commercial and military operations over the Atlantic and Pacific oceans during September were up 3Vo over the same month of last year. Flying over 686,500 revenue miles, the Airtrader fleet maintained an average utilization of 12 hours 1963. 31, 5,585,874' taxes 178, p. 390. The sales— Earned rate before Dec. $6,111,077 6,593,465 and shares common per cars.—V. share. per PROCEEDS—The lows: Jan. Dec. on 1953 $7,294,249 fixed charges Rollins Blair, — Sept. 30— Months Ended Number preferred The company may redeem on any dividend date, upon at least 30 •days' prior notice by mail, the whole or any part of the series D preferred shares for the following redemption prices, in each case plus >any negotiated by 3%% sinking fund debentures, due Feb. 1, The cumulative preferred stock, series D, is convertible into common "®tock of the company from Jan. 1, 1954, to an including Dec. 31, 1963, .at the rate of 0.8 shares of common stock for each share of said pre¬ $1.64 Sept. 30— Southwestern capital shares per capital share Provision stock, series D (par $25) The offering $0.89 Southern Pacific Co.—To Sell Scovill Manufacturing Co.—Earnings Higher— per made in was $0.97 share com. including of This 178, p. 390. The San Jose tion 96,008 $114,744 $0."21 $5,925,000 issue of equipment trust The proceeds will cover about 75 % $5,107,812 $4,509,401 Income deductions —V. 173, p. 964. profit Number —V. Net and for - Net Gross income 880,000 $697,283 income Net 26,830,519 $5,685,941 income Other Common arranged Earnings before income taxes 1952 $35,298,938 $31,916,595 expenses Net operating income and was Schick, Inc.—Earnings Net 1953 revenues 510,000 $378,193 revenues Number water transportation is available. the first aggregate plant others will be concrete products manufacturers in New Connecticut areas which can be reached by Sales Nine Years Ended Aug. 31— 570,000 taxes— ters With Securities and Exchange completed. was $436,090 225,344 1568. p. Earnings cheap Provj for Fed. & state income taxes Gas & Electric Co.—Secondary Offering— offering of 4,000 shares of common stock A secondary :share. $2,789,228 $21,941,571 $23,172,057 1,289,538 8,062,190 9,201,407 $1,875,119 297,836 $412,453 per 176, Gross transportation. acquisition 52,239 $1,091,486 203,293 Income Expenses completion of serve progressive to Jersey, 255,698 South Jersey Gas Co.—Earnings— aggregate that so $383,851 160,979 the the Upon & of 17,653,88* $1,619,421 and Federal 12 Months Ended 1953—9 Mos.—1952 1277. p. —V. to produce their concrete products and a large part of the output of such a plant when Sayre and Fisher and Kogel properties are located quantities 16,563,657 $930,507 $1,178,310 195,857 income Earnings proposed acquisition, when completed, will construction of a plant to manufacture light¬ using Sayre and Fisher clay deposits as material. The Kogel properties are now purchasing 9 Months Ended Net Net aggregate raw 19,665,238 $1,090,580 87,730 operations charges for State immediate of source $6,242,102 $55,513,984 $53,819,548 3,452,874 33,572,413 30,647,491 3,709,631 from ry. oper. oper. that concrete The Period End. Sept. 30— said Shea 21,835,791 —_ income Income companies. weight oper. credits Gross Shea, Chairman of the Board of Directors, announced the approval by the board of the acquisition of the Cincrete 3 the water St. Louis Southwestern Ry.—Earnings— 4,000 City, N. Y., Inland Building Block Corp., Mineola, both manufacturers of concrete products, and the Hellgate Transportation Co., Astoria, N. Y., all owned by George and David Kogel. This acquisition, which is subject to the approval of stock¬ holders, is to be accomplished through the Issuance of 280,000 shares of Sayre's capital stock in exchange for all the outstanding stock on 1375. p. Co.—— & Y., 11,167,971 1,937,051 railway railway from *88,496 12,143,301 ' , from Income A. justify 1950 $1,056,066 railway Bet ry. oper. income Gross 1951 Staats $22,926,370 $20,595,745 $18,183,078 $18,037,731 — and 4,000 Corp., Long Island a from Bet 1952 6,000 .— 1671. p. William Mr. 1953 : Prov. of St. Louis, Brownsville & Mexico Ry.—Earnings— September— ■Gross from railway R. sales Profit from Sayre & Fislier Brick Co.—Proposed Acquisition— N. cash In Common —V. 11,000 Co & revenues of expenses 15,000 Co & Schwabacher 3,62.9,356 3,125,032 30 June at 1,537,349 4,222,794 June liabilities 4,662,381 3,138,540 assets Current Current Co & Blyth & Co., Inc William Net earnings-—— Total Cost Sha res special. : purchase to opposite 1952 $8,609,397 excise tax—'. excluding Federal earnings Ret agreed forth Period End. Aug. 31— N0t sales Net Com. Earns, . —-V. before for inc. taxes Fed. inc. taxes profit shares per 178, outstdg. share1376. com. p. Inc.—Earnings- 1953—3 Mos.—1952 $3,675,661 $4,354,498 472,407 566,928 245,000 283,000 $227,407 596.216 $0.38 1953—6 Mos.—1952 $7,847,631 $8,476,22© 985,190 1,055,93$ 508,600 521,00© $283,928 $478,590 $534,93© 596,216 596,216 536,21© $0.47 $0.80 $0.9© ^ 1 The Commercial and Financial Chronicle 19511—9 Mos.—1952 $ ' $ S 57,995,494 224,469,087 162,222,117 3.953—3 Mos.—1952 30— Period End. Sept. $ , Profit before Federal in¬ taxes income— on 24,572,941 17,010,000 1,632,925 97,050 7,562,941 290,030 5,031,701 219,631 650,884 from ry. 7,260.000 Divs. on $4 Divs. on $4.40 pfd. stock 2,393,849 96,520 216,583 stock 2,080,746 1,316,244 1,867,872 6,622,027 2,425,506 $0.70 $2.73 $2.18 Earned com. on outstanding Shares Earns, —V, stock- pfd. share— com. per 178, 291.150 1,867,872 Relations ConsultantPresident, on Oct. 30 announced the appointment of Fenstermacher Firm of Corry, Pa., as Public Relations Talon, Inc.—Public Walker, Lewis the John Harder Consultant.-—V. 178, TelAutograph Corp.—Earningsinc. before Canadian inc. 1953—9 Mos.—1952 1953—3 MOS.—1952 $131,785 $381,112 $424,565 67,028 $196,205 taxes Federal for Prov. 220,774 $94,178 $64,757 from Net 226,600 $0.42 $0.28 4,067,970 2,406,921 i— 1,856,700 1,899,402 1,699,812 Nov. on Inc.—Reduces Debt— 5 1953, fund payments is included $20,049,000.—V. 178, $23,231,000 additional an See to provide calendar as & Union Pacific 49. p. Railway miles. 2,181,845 3,588,885 5,486,330 20,284,124 Capacity Bids 4,600,000 - office of York New 1973.—V. be to to N. Y., to up 11 inc. 'Income from Zachry Gordon, & from from etc. oil and and (net) Fixed 1,310,458 474,232 6,309,617 8,589,520 455,651 53,000,577 from Gross Net from Net ry. 1950 Gross ' - - - 4,054,163 4,171,903 442,943 ry. taxes.-—V. 178, 44,938,048 48,946,414 8,133,869 7,351,860 Sulphur & Oil Corp.—New Well— corporation the $255,721 $229,939 of 80,121 58,177 *3,698 68,233 in 26,544 *8,667 the Walker the No. its on 895,677 2,493,434 759,731 2,503,435 1,098,093 306,410 256,718 second its large block of A-l discovery Walker of condensate gas 419,061 United well which A-l.—V. No. Deficit.—V. 178, 1514. p. Northern Railway Railway Puerto Ry.—Earnings— Period End. Sept. 30— 1953—9 Mos.—1952 1953—Month—1952 revenue— $123,849 $105,377 $1,154,825 25,621 46,814 264,996 Cortes, Puerto and will 4 H. by Net C. to 1 with Friday thereafter.—V. 176, railway —V. $98,228 178, $58,563 $889,829 $564,319 25,893 operations way Net 15,846 259,549 171,337 inc.— oper. nounced that subscription books closed. were See Period End.^ Sept. 30— Operating Operating 1953—Month—1952 revenuesexpenses Ry. tax Equip, Other $7,141,548 $65,681,242 $61,131,758 4,583,240 4,514,158 44,542,577 42,680,150 — 1,047,454 927,060 8,050,536 7,171,546 (net Dr.) 250,168 214,516 3,355,280 2,323,427 (net Dr.) 27,600 22,553 175,642 226,581 income— rentals ry. $1,232,183 $1,463,261 $9,557,207 $8,730,054 105,091 122,052 1,095,431 1,197,199 opr. income— Total income $1,337,274 Miscellaneous deductions income Net 178, $1,585,313 $10,652,638 5,931 75,610 2,382,363 $1,310,179 $8,194,665 $7,424,477 prior The Selby Shoe Sept. when 30 has Co. of Textron the shoe took all the p. fibers Co., to the income income Net automobile, the of sale to acquired business operations of disposed on Burkart F. formerly batts mattress and and Textron Federal will There States were August, In the Profit from operations olf Net profit Common income 'After per preferred cents a 645T00 $654,111 800,000 800,000 $1.20 $0.7o r___; share— : income for for the dividends, year two assets .• to ago.—V. 30 third cents 178, P- quarter period a a year common May of since May since of as share per on 8, 7, Aug. of Aug. $270,211 was ago. This share compared as is equal, compared since 1953, 5, On 1953.—V. 178, Sept. for each 30, of par value.—V. 1953 the there amounted 443,558 to *Net * all 71,563, an after Petroleum with 15 of U. Co. (& Under Federal 1953 15,961,556 Bids 1953 1952 $ Provision Net taxes 'Earnings 'After $7,463,109 shares per outstanding common preferred dividend dividend 15, $6,101,678 1,304,812 —, share paid Sept. 1 182 467 ' ; V. it 178, net U. present normal for income Federal S. Venezuelan tax surtax, less U. laws, tax subsidiary and of purposes $1,815,040 $0.45 S. Federal earnings and 1953.—V> 178, tAdjusted p. 1573. Tidewater Gas Co. (S. C.)—Acquisition— Carolina Power & Light Co. in portable a three features is the and also recorder tape This is the 3-speaker speakers N. of p. received Y., up 558,946 to $5.51 ' t$4.48 178, p. Webcor by 11 shares to reflect End. Sept. 30— Total the a.m. of at company, (EST) Room Dec. on stock common 735, from 1 (par 1953—3 Mos.—1S52 income expenses $293,235 taxes 156,066 (est.) profit above. Samuel "In the T. which 11 Webcor's the to front. known as successes the to 2030. Model high-; in the popular- "Musicale" new contains all in tape recorders. These include directions, and fast rewind speed in both according to figures of the Armour Research tape recorder manufacturers. Mr. Owen is expected to increase this percentage model schools for music and speech needs of It meets who performers classes; tape use Co.—Output Passes 150-Million Estimated at Over 300 Mil¬ Coal Tons— -1 company, said from are ton while that the still are very this amount enormous of coal See also , added being has always been company It to by is Three number a purchase company $678,378 1 $716,556 467,359 402,053 67,000 110,000 $144,019 $204,503 Oct. 30 said in part: purchased, at a cost re¬ of the among mines on Electric Penn the largest producers in Ken¬ top position In that largest producers, ranking 19th in these properties are among the 50 largest nation's Co. 178, p. — To 1771. Increase Investment in Unit— 55,000 seven re-, of additional prop¬ of years has occupied the the among, producers in the United States.—V. West '$102,281 on been -J state. 1952. has company's properties, the estimated unmined large, exceeding 300,000,000 tons, and these constantly tucky and for St., purchase the $10). • the of one 150,000.000 the Love The Broad 45,000 Brown, President, August sound matched are licenses additional passed serves $34,784 (est.)— working interest in commercial 1953—9 Mos.—1952 $313,347 153,511 10% Net demon¬ was second pioneered both in Kentucky produced 764. 1711. Total 'Musicale' particularly high-fidelity that is in third in used unit, this that recorders made, This Mr. would be subject to Venezuelan income Virginia Iron, Coal & Coke Co.—Earnings— Period Income requirements. be and recorders are nation's major producers of soft coal, mark, it was announced 011 Oct., 22., This total was produced over a per'od of 83 years. Hooper Love, Presi-* dent, raid. It represents the combined production from properties of the West Kentucky Coal Co., which was established in 1905, and the St. Bernard Coal Co., purchased by West Kentucky in 1924. "Phe St. Bernard company was established in 1870. * '■ . has The of the open the common on 50% of 200 acres has market If 53, to request a approximately to acquisition Oct. 1, such stock. 1954, V. to purchase of, 600 additional shares its subsidiary: and the order giving interested persons until Nov. 13, applied to, up stock Commission has issued posed $175,000, producing oil wells situated companv in of or See out that 17,421 678 15,365,000 *11,320,000 profit Common stock income 22,828,109 taxes 188,970,923 will York, from $ 246,082,613 for units erties. sales income tape This 20,299,386 Virginia Electric & Power Co.—Bids for Stock— before taoe high-fidelity high-fidelity amplifier serves New due substantial, be with and lion 1952 $18,760,352 $22,114,426 taxes, if distributed in the form of dividends.—V. Thompson Products, Inc. (& Subs.)—Earnings— Profit to Ton Mark—Present Reserves 858. 9 Months Ended Sept. 30— Net phonographs, the new con¬ recorders in practice and re¬ broadcasting studios that make recordings of current even.ts; and many other groups, he pointed out. The price of the new unit has not yet been set, but will be under that of many conventional portable tape recorders, Mr. Owen reported. Deliveries will begin late this month.—V. 178, p. 152. Subs.)—Earnings— $0.70 wholly-owned a S. quarter of for con¬ down industry. for "Sales chassis the recording professional to equal $2,798,796 taxable no income. on surplus full was fourth are hearsals; $3,354,774, share per demand division television the the for sound which substantially. 71,561, were outstanding shares of capital income There laminations 178, p. 300. Months Ended Sept. 30— operating income—— purchases, oper. and gen. expenses, int., etc. Earnings in diskchangers of Foundation, 1672. p. the of inputs for microphone, phonograph or radio; five-tube multiple-purpose tubes giving eight-tube performance; shut-off at the end of the tape in either direc¬ tion; and minimum distortion at all volume levels. In the first half of 1953 and all of 1952 Webcor produced 40% of motor February totaled 1953, 4, May on 1953. 6, $1,113,403. was sales said. recorder pointed said. record 5, Feb. ^Profit directions; numbered 228,029, 1953, there were 1,936 Nil calendar full period. " features amplifier, 8, May increase the 1952 on Nov. 5 also reported that sales of be strong, while deliveries 011 defense sales seasonal system, two-speed duplication 1953, On 1953. an for the in to production he and side each the stockholders in three months of holders Corp. 282,000 for Gross Oil taxes the same allow Nine preferred dividends. $151,287 stockholders of Venezuelan in¬ profits taxes— outstanding common NOTE—Net with 1,299,211 1,067,100 $1,052,358 for 85,33o Van Strum & Towne Stock Fund, Inc.—Assets— 1952 2,119,458 provision record stockholders, $29,057,867 taxes excess — shares 'Earnings and States United approximately 1350,793 $19,580,686 carry-back taxes expect we of sales tax and of usual West 1953 before profits excess for 83,512 figures 1952 $11.-795,120 §539.933 taxes., phonograph that has been one of the great company's history, brings high-fidelity reproduction priced tape recorder field. Mr. Owen said. 178 $30,316,121 _ of since 1,705 decrease of 292 (& Subs.)—Earnings Increased— —„ and come Provision of Preferred a with 1711, p. fidelity stock. of stockholders common stock of $1 Co. $68,730 Corp.—Stockholders Gain— the & full-range reproduction of the high and low frequencies, it was by Norman C. Owen, Vice-President. They give the listerier impression of sitting in the midst, of the sound. One speaker is the on 1953. 6, $7.56 sales $434,973 284,000 instances classes increase 226,324 than compared both two Steel more 1953, before. Net Thermoid 5,450 stock Webb reported He United Manu¬ continue industries.—V 9 Months Ended Sept. 30— 112,OOo 3,175 preferred on by year afford 574. p. total President, slowed new This 178, 1376. Gross 477,850 —— this system. 186,180 taxes early 1953 income after income Blash, the The i —V. carried on by F. Burkart pads of cotton, sisal and furniture 1952 and 1953 915,998 tax dividends increase of, in 178, strated by this corporation on Nov. 4. adaptation of the exclusive Webcor Subs.)— 1953 30— $20,959,015 income Cash an completed / operations supplier a has - business thus manufacturing Manufacturing other shoe it manufacturing over facturing Co. of St. Louis. Except for the that announced Sept. (& Machinery Corp. taxes. to Foreign Common Textron Incorporated—Sells Shoe Business— corporation Ended (includes Federal of This Hoffman York building Demonstrates Three-Dimensional Sound in Recorder— 1672. $12,519,387 in 1952 from ordnance contracts) $32,124,106, $25,459,103 2,427,388 $1,069,028 - Months sales Income 75,388 269,203 1278. p. Net States made $1.19 exceeds tLoss tapering $9,927,253 8,911 253,335 Fixed charges -V. Nine 1953—9 Mos.—1952 $7,140,645 accruals Jt. facl. rentals Net United Earnings Lower— of office Avenue share; per figure Three-dimensional Texas & Pacific Ry.—Sept. Inc., *$19,763,094 phonograph strong." on p. has New Hartford Sept. 30— have to Oct. 28 an¬ $25,000,000 3%%/20- 178, Park 2 purchased was of Knapp, Nov. 5. on 28-story above.—V. Inc. diskchangers," the on in V. details Webb Aj to McCreery Building to Ohrbach's, Inc.— "Overall, underwriters, managing Inc., Co., dealers' debentures year 1278. p. & which products continue with Stuart City, the on tracts from rail¬ Halsey, made Co. Insurrnce mortgage-loan was 1952. before 2533. p. Life sales „R. F. Guatemala, and Salvador v;a M/V "Manaqui," sailing Nov. 20, the first sumer Puerto Barrios, start General profit after Federal year Cuba; Havana, Placed Privately— Knapp, Inc.—Loan York Earnings Cuba and Central Magee, Freight Traffic to Baltimore from service . Nine Months Ended 1303. p. 398,648 oper. revenue $2.12 Webster-Chicago Corp.—Sales Increased 67%— completed earlier Maple Hughes, one- 1 United Gas Corp.—Books Closed— Net 869,87g 359,996 $2.41 i / was 177, Baltimore from Nov. on freight Honduras; Barrios, every $962,967 expenses oper. announced was dependable 1952 .. $1,842,187 764.200 359.993 share—, & Leases Manager. Fast, Texas & service freight 1°53 $1,603,033 30— outstanding— shares per See Ohrbach's Fruit Co.—New Service Announced— weekly new Sept. „ loan *This A Ended Connecticut New well the Lake Arthur in acreage has been commenced on No. northwest America * 1278. p. Knapp, Inc.- Parish, Louisiana, it was announced on Nov. 2. is the Fay No. 1 well located 3,000 feet east test Work year. mile completed has sand camerina confirmation half 2,609,912 178, 178, p. 615. The in $271,691 930,063 286,435 plant.—V. taxes-— $6,750,000 1278. p. • This 2,552,211 income to $5 City, the insurance company announced Net railway railway.. oper. 27 of share, per Months before Webb a _ Excludes income 84,989 from from Net credit 392. p. filed a letter of notification with the SEC dividend preferred stock (no par) to be without underwriting. The proceeds are to short-term indebtedness and for improvements Oct. on discharge common —V. From Jan. 1— Net $1,156,753 $0.85 tax less $575,043, 1953 178, profit Earnings all from income sources 16,140 railway railway— income oper. in 49,109,951 other charges and This 1951 to No. 4,921,862 7,794,803 _ _ Field of Jefferson Davis 1952 income on $140,000.—V. shares extensions The in 1953 $252,163 —_ $573,760 SO.42 taxes of $100 Net 24,775,445 26,406,836 2,628,958 2,895,460 — income Union September— 2,991,105 1,834,352 1,008,803 *435.043 (O.) Telephone Co.—Files With SEC— 3,000 at Nine of the due Nov. Texas Mexican Ry.—Earnings- for company Profit company bonds . $31,153,677 $36,215,053 ——_ —— share— per used be investments, ___ _ Total 1671. p. — income carry-back offered trans¬ gas operations Inc. 1EST1 011 Dec. 1 Reindel, 63 Wall a.m. the purchase from the first mortgage pipeline for $25,000,000 178, taxes on 1952 1953 30— Sept. taxes— Provision covering expanded markets and new serve received Call'11, Messrs, 5, abovementioned 1, is Ended income fac. portation operations Net scheduled are the at St., added being 574. p. Wayne Knitting Mills—Earnings— Net capacity pipeline system, the nation's longest, originates in the Valley and extends to the northeast more than 2,000 173, ■ (& Subs.)—Earnings— profit The 19,412,644 34,257,739 taxes (net)——— ■ - sale of contract of this the ——— before Warren $ $ 2,963,174 expenses income jt. commercial producer. ■ and actual drilling a as 12,364,020 oper. Federal and $ 16,898,482 Railway rents 1953—9 Mos.—1952 1952 2,644,072 48,053,870 the system. along such sales—— thru 374,242,407 32,975,474 299,623,364 286,057,875 7,100,000 33,200,000 32,950,000 23,523,887 23,457,868 2,634,470 revenues Equipment completed Companies) 50,378,119 393,529,857 oper. Other taxes be construction of a pipeline and the area are in progress. It is likely that a facilities will be concluded before the end year."—V. Earnings the Between Accounts 1953-Month Period End. Sept. 30- our City—Loan— (& Leased Lines) —Earnings— RR. Offsetting (Excluding 1,694,500,000 cubic feet per day and in peak day 169, will well involving Months Nine Net * Co.—Registers With SEC Gas Transmission Inc. below.—V. Knapp, „We properties. company Walworth Co. Net Webb the this "Negotiations Profit Two Park Avenue Building, N. Y. company Grande Rio that are 1,894,500,000 cubic feet. The to natural gas from 1573. p. September the company participated in spreads in North Central Texas. Three and acreage additional drilling locations have been prepared be commenced within the next several days. will together with all remaining Equitable loans due in 1953 in the three County, Texas. These wells oil in September. Reserves July 1, 1953. t been September tions Two payment on Also August of of of as completed, with Clinchfield Coal Corp., its first natural gas well situated on unitized property in Southwest Virginia. The well was drilled through dark shales to a total depth of 6,950 feet. Before shutting in the well, tests were made indicating capacity at a settled rate of 200,000 cu. ft. per day. The well is rated as a small commercial producer. Our second well in the area is presently within 80 feet of completion, with jammed tools. Indica¬ current interest the amount ox called for in the airline's agreement with Equitable, due to profits earned in 1952. The Nov. 5 deposits fulfill all sinking fund and interest payments required by TWA until May, 1954, under its agreement with Equitable, and reduce the original $40,000,000 loan, negotiated in 1945-46, to sinking barrels completed as dry holes, one well on each spread. continue exploratory drilling within limits related to have "In deposited in advance of the due date a total of $4,626,000 in sinking fund and interest borrowings from the Equitable Life Assurance Society of the United States, A. V. Leslie, Vice-President Finance, announced. Deposits were made with the Bankers Trust Co. of New York as trustee under the loan indenture and included $1,000,000 in regular 27, Montague barrels 465,000 income from producing 708,957 623,529 619,573 755,160 income at July, drilling wells 1278. corporation Nov. $0.68 $0.90 company capacity to to 5,062,202 Trans World Airlines, 484. filed a registration statement with the SEC on Oct. 30 covering an offering of $25,000,000 first mortgage pipeline bonds due Nov. 1, 1973, it was announced by Gardiner Symonds, President. The bonds will be sold at competitive bidding, and sealed written bids for their purchase will be invited after the SE'C has allowed the registration to become effective, Mr. Symonds said. The net proceeds from the bond sale will be used to retire out¬ standing short-term notes, funds from which were used to expand its natural gas pipeline system. The company has substantially com¬ pleted its 1953 construction program which will increase the designed delivery capacity of the system to 1,445,000,000 cubic feet per day, The Federal Power Commission has authorized further expansion in The 5,018,752 3,700 "During the expect railway- 178, p. The of $154,686 226,600 226,600 Tennessee 250,197 107,294 5,871,365 railway oper. ry. —V. 226,426 $203,791 226,600 profit——— capital shares Earnings per share p. 97,946 Field, Provision for 102,027, Net 178. 238,258 82,677 227,053 76,050 railway & taxes- Number —V. $597,945 266,079 Hundley $527,682 railway income.— $395,000. 1165. p. Period End. Sept. 30— Profit $682,690 $574,438 oper. from the approximately estimated were payments on its 484. p. 1950 From Jan. 1— Gross 4,081,516 2,425,506 $0.86 income 1951 659,035 2,050,000 Net Net from Net 12,291,701 3,682,925 7,185,849 4,792,000 taxes come Fed. Gross in produced 1952 1953 September— Net 75 376,155 sales Net located Toledo, Peoria & Western RR.—Earnings- Sylvania Electric Products, Inc.—Earnings Up— 1953 Monday, November 9, ... (1822) 58 of to but West an the SEC not in Penn hearing thereon. 94.983%, of the for authorization excess Power Co., Electric now owns 3.345,767 shares, stock of Power. The pro¬ common of the additional stock would be accomplished prior and would result in Electric owning at least 95% of 177, p. 879. olume 178 Number 5271... The Commercial and Financial Chronicle West Virginia Pulp stockholders The & Dauch Paper Co. offer The of exchange an stock mon The S5 stockholders of The will of West subsidiary a value par Virgina to 2 be stock split shares declared Hinde West is Gross Net from com¬ Virginia, Net ry. share stock common and without par the when of com¬ from to of its Net the of number if stock West declare to than least at has the 90% been Virginia exchange of the deposited oi after value & effective ex¬ right stock common common would represent Virginia completion of the income. Western Auto 1 if if inc. Fed. its & it acquires all of the to be 178, outstanding 735,834 367,186 34,176,989 14,881,216 10,933,743 13,345,934 6,513,097 4,435,459 5,146,603 5,936,982 Sept. 30— ry. Net 1952 $403,249 $332,313 $402,527 96,323 108,024 62,661 125,211 43,866 51,178 22,849 56,084 income 1951 from ry. —V. As of Total Net railway 3,559,089 3,477,705 3,390,232 1953—0 Mos.—1952 796,027 736,172 598,295 The 133,551,865 352,141 252,236 235,551 acquire 2,734,941 3,927,446 7,433,051 7,322 331 2,332,095 4,144,375 4,232,307 1,545,351 3,288,676 3,090,024 SI.74 $1.13 $2.06 $4.38 Sept. 30, Oct. on $4.11 filed 22 The Electrical Instrument Corp.—Earnings— 1953 taxes on fiicome 1,699,395 *1,669,080 taxes on income 874,000 *859,000 $825,395 $810,080 $1.93 t$1.89 profit *For oi share comparative tion.—V. stock of for 177, p. adjusted purposes, amortization capital 1952 to reflect facilities. emergency the River, period the tNet adjusted to elimination profit of from In capitaliza¬ Samuel to B. are drill be used etc.—V. of notification stock, offered Franklin to well, common be & at Co., as 10 par 5 cents Los p. the (not share per SEC Net from cents 5 Net ry. (not Angeles, 10 Calif. working Net capital, $2,694,164 railway oper. and $2,854,118 $2,699,357 713,284 439,283 377,459 to from 22,872,402 23,040,366 21,683,452 Net 1711. ry. —V. oper. 178, p. 6,215,579 income by is Wisconsin 27, has on the Mich., of Mountain, Iron Michigan 177, of to 3.6% at County, Mich. will then take title project. issued license a to the two The license will expire June require Kingsford to apply, with for a transfer of all of Kingsford's to Wisconsin, all annually. Commission the Michigan, license the the of conditioned in both terms Michigan of the Feb. due upon 26, performance 1953, agreement.— 2053. 4,449,158 1,726,453 will Boston 5,877,304 1,637,547 p. Worcester County Bids 4,401,333 2,588,614 Oct. on hydroelectric plant and Florence a Wisconsin amount order, companies 196,356 24,583,173 railway.... railway.. announced was 896,238 807,847 348,331 from 1974, V. $2,862,896 815,224 income 1953. operation by 1950 From Jan. 1— Gross additional 178, with cents railway.. for interests 1951 1, the principal concurrent a joinder 1952 it acquire to Dickinson from March years companies 1953 in County, the Kingsford Chemical Co., portions of share per present Commission, company to the plant. Of the total amount, $1,253,280 may be regarded as representing the principal amount applicable to the proposed acquisition and $268,720 the deferred interest payments computed on the unpaid 2502. September— from 615. p. Feb. Fed. per 178, Power this 12 Net $4.26 outstanding 1,232,562 shares of capital were The acquisition will be pursuant to a purchase agreement, dated 26, 1953, between the two companies. It provides that Wisconsin Michigan will take possession and operate the plant, paying Kingsford —subject to minor adjustments—$1,522,000 through an initial down payment and a series of annual payments extending over a period of 1952 $20,612,284 Federal for $4,941,235 $4.01 there 1953 Federal Wise., $23,779,724 before Prov. Earnings letter a $5,078,403 share per $1).—V. (par 1952 1953 assets. value 30, reported), leases, $165,611 $1.19 Sept. 30— net authorized 123,0I3.851 prof¬ proceeds r.et $172,943 Wisconsin Michigan Power Co.—Acquisition— 1278. p. sales Profit $ 3.000.000 shares of through — share (145,923 shares)— common 3,056,416 793,945 375,143 income 39 Weeks Ended Oct. 2— Gross cents) $233,246 67,634 392. p. Menominee Empire Petroleum Co.—Correction— previously s per asset At Wisconsin Central Ry.—Earnings- covering 67,508 income 178, stock railway oper. 178, Net 48,908,883 taxes 1950 1515. company $240,450 Wisconsin Investment Co.—Net Assets Higher— 1953 $407,803 immediately 1,301,375 inc. of Alabama—Earnings- railway from Net Net -Earnings— 1953—3 Mos.—1952 Earnings per share The 1952 $1,379,041 1,145,795 1,218,179 deductions etc. Earnings —V. railway oper. excess Western ' taxes income Gross Interest, 1278. p. from Gross 952,758 48,002,538 excess p. 1953 $1,458,629 and expenses 11,279,785 income. Sept. 30— * revenues 1,379,197 40,185,839 _ 1278. p. Supply Co. (& Subs.)- taxes 178, Operating From Jan. 1— outstanding. Issuance of this approximately 26% of the total acquisition.—V. Net earnings.. -V. 2,684,546 1,680,929' 39,695,596 from Net 1,433,566 before 1,856,426 1,027,812 oper. Net stock stock common sales.... Profit 1,851,085 Hydro Electric Co.—Earnings— Nine Months Ended railway.... 178, Gross least at s Net Operating 45,082,967 Weston Period End. $5,471,153 September— to for Dauch shares West 1950 $4,696,397 1— Western Ry. out¬ for the reserves two-thirds deposited par Hinde of shares ry. —V. deposited for exchange. more been $5 new shares 1951 $5,344,903 railway.. Jan. from 7,500,000 of Hinde & Dauch's outstanding exchange. Under the exchange offer. West Virginia would issue 1,270,344 shares have shares 1952 $5,054,999 _ railway.. from Net shares increase to value Gross Wisconsin 1953 railway.. oper. From issued value from on based authorized was each effective Dauch & although and stock is Nov. 1,500,000 18, period the of As $5 new as Co.—Earnings— _ September— value. par Nov. the of of Dauch proposals from shares by extend 80% shares & a shares, to change the value to shares of $5 par exchange change Hinde value par stock $5 standing Western Pacific RR. •, plan to acquire The Hinde subsidiary through an exchange of stock. a approved par authorized hares approved four into without iy3 2 for each share of Hinde & Dauch stock. new mon as acquire to & Paper Co.—Acquisition— Nov. on 59 (1823) days 2,425,80/ of 1515. or received be 16, Mass., than more 75,000 shares 30 of Electric Co.—-Bids for Stock— at the office noon to up (EST) days after cumulative the of company, 441 Stuart St., such date, not less than 10 on Nov. 6, for preferred the stock purchase (par from $100).—V. It 178, 1611. p. STATE AND CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS ALABAMA Board, will receive sealed bids til 7:30 p.m. Jefferson 1 County (P. O. Birmingham), Ala. „ Warrant Offering — I. F. Sim¬ Secretary ons, Board of the County Education, will receive of ealed bids until 11 Tov. 10 for the a.m. (CST) on purchase of $3,- 00,000 capital outlay school ants. n Dated Dec. 1, 1953. war- Due Feb. 1 from 1955 to 1964 inciu- ive. Bends maturing in 1960 and hereafter are callable as of Feb. 1, 1959. Legality approved by hite, Bradley, Arant, All & Rose, f Birmingham. Maricopa County Sch. Dist. No. 8 — ill 10 receive (MST) a.m. urchase onds. n of Dated July $171,000 construc¬ bids building Jan. 1, 1952. Due 1969 to 1972 in- Union School Co., at San of price a Joint Francisco, of 100.24, a Offering til 10:30 the purchase of $31,000 build¬ ing bonds. Due Dated Dec. on (PST) a.m. 1 Nov. on Dec. from 1, 1975 inclusive. Principal and payable at the (J-D) Treasurer's 10 1952. to 1977 L. — interest County Legality ap¬ office. building 1954. bonds. Due 1978 Jan. Dated Jan. on from 15 of 15, 1955 Principal and interest (J-J) payable at the County Treasurer's office. Legal¬ ity approved by Orrick, Dahlquist, Herrington & Dist., San Joaquin County, Calif. Sutcliffe, of San Bond Sale—The build¬ $40,000 ing bonds offered Nov. 2—v. 1712—were p. Bank & of awarded America Savings to National Association, of 178, the Trust Pacific City High Sch. Dist., Angeles County, Calif. School Dist., Calif. Bond Sale—An issue of series sold of A to San American the $50,000 4V2S. Due 1954 to as on Sacremento County, Calif. Offering — C. C. 50,000 2s. 1959 to 1963 inclusive. 60,000 21/4S. Due on July 15 from 1964 to 1969 inclusive. 90,000 2V2s. Due on The bonds of rector Finance. on 1954 to public June June 1 100,000 1, from bonds. Due 1973 incl. bonds. works 1953. Due 011 1954 to 1963 incl. public works 1, Dec. from 1954 to 1963 1953. Due on incl. at the and interest payable City Treasurer's office. Le¬ gality approved by Storey, Thorndike, Palmer & Dodge, of Boston. Legality ap¬ proved by Orrick, Dahlquist, Her¬ rington & Sutcliffe, of San Fran¬ cisco. hicago. Rio County, Calif. Offering—G. David Bond Obispo Secretary of the Linda Kel- Governing Union School District, Sacremento Covnty, Calif. Sale—The $56,000 build¬ ing bonds offered Oct. 28—v. 178, p. 1612 — were awarded to Dean Bond way, Mount fered were Sale—The Carmel Nov. $905,000 high¬ construction, sewer School 3—v. awarded to 178, a and bonds p. group of¬ 1713— com¬ Trust Com¬ be redeemed principal revenue consist amount of bonds, dated June 1, 1, 1978; $41,000 1948 and due June principal amount of 3%% revenue bonds, dated June 1, 1951 and due June 1, 1978 and $23,000 princi¬ pal amount of 27/s% revenue bonds, dated Jan. 1, 1952, and due 1, 1978. June The at bonds the will offices Security ington, Bank be redeemable the of Equitable Company, Wilm¬ Delaware and Chemical Trust & Trust Company, New York, N. Y. FLORIDA P. O. New Bond July to $419,000 4% bonds. Dec. 1 on of school 178, — The offered 1712—were p. composed group Dist. No. 5 Florida Agricultural and Mechanical Haven), Conn. Sale bonds Sch. College for Negroes $1,800,000 Nov. 5—v. awarded to Inc., all 2.20s, at Co., and Park, Ryan, New York City, as of a price of 100.12, a Certificate Sale — The a of Kidder, Peabody & Co., Hornblower & Weeks, Wertheim & (P. O. Gainesville), Fla. basis dormitory Oct. revenue 22 —v. awarded 3.01s, at 178, the to Home and $900,000 bonds offered 1316 —were p. Federal Finance Housing Agency, as par. of about 2.18%. GEORGIA any Cayucos Sanitary Dist., San Luis er, 1 from Dated July 15 from dated works 1953. 1, Regional High 15, 1953. Principal and interest (J-J) payable at the office of the Di¬ are public Dec. Dated 1970 to 1978 inclusive. Ostly. Due Principal from 15 County Treasurer's of- office. Legality approved by Or¬ of the County's fis- rick, .Dahlquist, CONNECTICUT Herrington & al agencies in New York City or Sutcliffe, of San Francisco. Darien (P. O. Darien), Conn. hicago. Rialto Sch. %Dist., San Bernardino Bond Offering—Albert L. BrunAlhambra City School District, County, Calif. ner, Town Treasurer, will receive Los Angeles County, Calif. Bond Offering—Harry L. Alli¬ sealed bids until noon (EST) on Bond Offering—Harold J. Ostly, son, County Clerk, will receive Nov. 18 for the purchase of $420,opnty Clerk, will receive sealed sealed bids at his office in San 000 school bonds. Dated Nov. 1, ids at his office in Los Angeles, Bernardino, until 11 a.m. (PST) on 1953. Due on Nov. 1 from 1954 to ntil 9 a.m. (PST) on Nov. 10 for Nov. 16 for the purchase of $42,000 1973 inclusive. Principal and in¬ he purchase of $500,000 building building bonds. Dated Nov. 15, terest payable at the First-Stam¬ onds. Dated Dec. 1, 1953. Due on 1953. Due on Nov. 15 from 1955 ford National Bank & Trust Co., .ec. 1 from 1954 to 1973 inclusive, to 1963 inclusive. Principal and Stamford. Legality approved by rincipal and interest (J-D) pay- interest (M-N) payable at the Hawkins; Delafield & Wood, of ble at the County Treasurer's of- County Treasurer's office. Legal¬ New York City. i'ce or at any of the County's fis- ity approved by O'Melveny & My¬ Hamden (P. O. Hamden), Conn. al agencies in New York City or ers, of Los Angeles. Bond 2,700,000 July 15 from July on 1953. bonds. June 1 from 1954 to 1963 incl. 1958 inclusive. Due June} 1, school Dated ble at the at public Dated follows: San Bond LaRue, County Clerk, will receive sealed ounty Clerk, will receive sealed bids at his office in Sacramento, ids at his office in Los Angeles, until 10 a.m. (PST) on Nov. 9 for ntil 9 a.m. (PST) on Nov. 10 for the purchase of $58,000 building he purchase of $500,000 building bonds. Dated Dec. 1, 1953. Due onds. Dated Dec. 1, 1953. Due on on Dec. .1 from 1954 to 1973 inclu¬ ~c. 1 from 1954 to 1973 inclusive, sive. Principal and interest (J-D) rincipal and interest (J-D) pay- payable at the County Treasurer's or Bonds $500,000 was Co., Security • pany, of Wilmington, as trustee, has called for redemption on Dec. 1, 1953, a total of $483,000 princi¬ Offering — George H. pal amount the Delaware Me¬ City Treasurer, will re¬ morial Bridge revenue bonds of ceive sealed bids until noon (EST) the State of Delaware at 105% on Nov. 9 for the purchase of $3,- and accrued interest to Dec. 1. 685,000 bonds, divided as follows: $250,000 Trust Equitable Gabbs, 385,000 improvement bonds -Francisco, basis Hartford, Conn. Francisco. Clara, a (State of) Memorial Bridge Bonds Called— Bond Dec. Sch. price of 100.02, a about 1.89%. cisco. CALIFORNIA ice 1.90s, at Rechen- inclusive. DELAWARE Delaware Co., and Shelby Cullom Davis Co., all of New York City, as & High School Nov. 9 for the purchase of $75,000 to posed of White, Weld & Co., L. F. Rothschild & Co., Wm. E. Pollock & Union Dist., Placer County, Calif. Bond for Alhambra Los & 3V2S, oasis of about 3.48%. San Dist., Francisco, as 3s, at a price of 100.19, a basis of about 2.95%. Bond Offering—Harold J. as Bond Offering — T. H. Sexton, macher, County Clerk, will re¬ County Clerk, will receive sealed ceive sealed bids at his office in bids at his office in San Diego, un-^ Auburn, until 11 a.m. (PST) on until Nov. 27 for the $324,000 Witter Diego County, Calif. Mossdale 1 from Interest J-J. lusive. Encinitas Averill, Supervisors, sealed on un¬ 15 for Roseville Rhea lerk of the Board of Dec. Santa (P. O. Phoenix), Ariz. Offering .he purchase of tion bonds. on proved by Orrick, Dahlquist, Herrington & Sutcliffe, of San Fran¬ ARIZONA Bond (PST) Waterford (P. O. Waterford), Connecticut Bond Bond bonds 1712 Sale—The $800,000 school offered Nov. 2—v. 178, p. — awarded were to a group composed of the Chemical Bank & Trust Co., Hayden, Stone & Co., and Bramhall, Falion & Co., all ot New York of 100.36, City, a as 2.20s, at a price basis of about 2.15% . Emory University, Offering — G. Ga. H. Mew, Treasurer, will receive sealed bids until 11 a.m. (EST) on Nov. 19 for the purchase of $650,000 Har¬ bonds, interest on which is subject to Federal taxes inasmuch as the issuer is ris Hall dormitory public agency. The bonds Nov. 1, 1952. Due on from 1955 to 1992 inclu¬ not a are dated Nov. 1 Westport (P. O. Westport), Conn. sive. Callable on 30 days' notice. $750,000 Long Principal and interest (M-N) pay¬ Lots Junior High School bonds of¬ able at the Trust Company of fered Nov. 2—v. 178, p. 1712— Georgia, of Atlanta, or at the Han¬ were awarded to Smith, Barney Le¬ & Co. and C. J. Devine & Co., over Bank, New York City. Bond both as of Sale—The of New York City, jointly, 2s, at a price of 100.22, a basis about 1.97%. gality approved Sykes, Heckler New York City. by & Vandewater, Galloway, of CO The Commercial and Financial Chronicle (1824) Nola M. — receive will Clerk, City Roos, (EST) on 17 for the purchase of $3,- Nov. until bids •sealed 375,000 divided noon certificates, and bonds Nov. 14 for the bonds. Dated Nov. 1, Due semi-annually from Certificates inclusive. in maturing after are to 1955 from 1 Dec. on 1983 there¬ and 1959 callable of Dec. 1, as 1958. 1,500,000 sewerage bonds. Dated Jan. 1, 1954. Due on Jan. 1 from 1964 to 1953. July Jan. from 1 bonds. 1964 holder's in¬ option, at the fiscal city in Savannah and New York City. Legality ap¬ proved by Spalding, Sibley, Troutsnan & group com¬ Boyce, & Bond Offering—W. W. Lawless, Bond Oct. 1, 1953. Due on 1955 to 1972 inclusive. Principal and interest (J-D) at bank a trust or pay¬ 1953. Due Dec. on 1 Callable 1966 4s. Due Nov. 1 from on Nov. on from 1 Bond Sale—An works Carlton the issue bonds Beh D. sold was Co., of to Des West Des Dist., Sale—An issue of bonds Nov. 2 to until awarded was 1953. (CST) p.m. a El eral — The Due 1963 March on 1 from Callable inclusive. Jackson Parish gen¬ 1954 of as School District No. O. Gurnee), 1517—were awarded to Bond H. Sale—An the District and the of issue a group White, Hatt.icr & Sanford, Scharff & Jones, New¬ man, Brown & Co., and R. S. sealed Legality approved by Chapman & Cutler, of Chicago. (CST) of Bond Offering—James G. Kozak, sealed bids until 8 p.m. (CST) on Nov. 9 for the purchase of $105,000 water bonds. 1953. Due on Dated Nov. 1 Sept. from 8 1, 1954 sold p.m. Trust improvement $288,228 bonds Co., Kansas City, as l34s. 1 as of Nov. 1, 1964. Principal and interest (M-N) payable at a Chi¬ bank mutually acceptable to •the Village and the successful bidcago •der. man Legality approved by Chap¬ & Cutler, of Chicago. Newton School 1955 to 1963 to Bond Sale—The City, Ind. $56,000 build¬ ing bonds offered Oct. 30—v. 178, p. 1612—were awarded to Raffens- 1962 apolis, a as 2'As, at a price of 100.31, basis of about 2.20%. Evansville Housing Authority, Ind. Note Offering—Sealed bids will be received until 2 p.m. (EST) on •Nov. 17 for the purchase of $535,000 First Series notes. Dated Dec. 1, 1953. 1967 The p. Due 1969 are 1516—were awarded to the Mercantile Trust Co., St. Louis, Kan. 2s, at of about a sealed a.m. Nov. 15 from on Nov. 15 from 1973 inclusive. Louisiana (P. State O. Nov. Rouge), La. Offering—A. P. Tugwell, Bond State Treasurer, , sealed bids Dec. fiscal will receive until 1 for the in or agency Sale—The area bonds ing Offering A. R. Roam, City Clerk, will receive sealed bids until Nov. 16 — for the purchase of Pierce, Fenner $306,000 water and sewer revenue Indianapolis, jointly, bonds originally offered Nov. 2. price of 100.74, a basis 1.91%. Bond by Coolidge & The offered bonds and 1955 to callable cipal and 29 were Kindred dated Education, will receive sealed (EST) on Nov. 12 the purchase of $1,000,000 bonds 1967 ing Nov. 4—v. ton Nov. 4 178, interest Barryton, Co., and Estabrook & Co., both of Boston, jointly, as 23As, at price of 100.28, 2.72%. a (A-O) State 1964 at are bank a or be designated by Canfield, Stone, of Detroit. Offering—The (EST) a.m. Pad¬ City Con¬ un¬ 17 for Nov. on public utility street railway funding bonds.1 Due serially from as Saginaw, Mich. $1,236,000 spe¬ Bond cial Sale—The assessment 1956 Township fered Nov. 2—v. 178, about 1.74%. St. Clair Shores Sch. Dist., to Secretary ley, re¬ on inclu¬ 1962 School District the of Education, will receive sealed bids 8:30 p.m. (EST) on Nov. 10 for the purchase of $74,000 tax 1953. Due White Dated Nov. 10, May 10, 1954. Cloud Agricultural School Dist., Mich. Bond Sale—The site and Oct. 28 The 1953. $200,000 school building & offered to Barcus, Co., of Chicago. bonds Due bonds awarded were Kindred dated are Nov. 1, July 1 from 1955 to 1972 inclusive. Bonds maturing in on are callable as July 1, 1959. Principal and in¬ terest (J-J) payable at a bank or trust company the to be designated by Legality approved purchaser. by Miller, Canfield, Stone, of Detroit. Woodstock R. and Paddock I & j Townships No. 3 (P. O* \ Addison), Mich. Offering—Richard until 8 4—v. of 178, to a 1714— p. group com¬ Barcus, Kindred & Co., the purchase bonds. elusive. j Nov. 10 for j $30,000 building of Dated April 1 on (EST) p.m. on , Nov. from Bonds I 1, 1953. Due 1954 to 1963 in- maturing in j 1957 i of i Chicago, Shannon & Co., Kenower, and thereafter are callable as MacArthur & Co., Siler & Co., all April 1, 1955. Principal and inter- j of Detroit, and Fox, Reusch & Co., est (A-O) to be payable at a bank i or trust company designated by of Cincinnati, at a price of 98.21, 3.73%, the successful bidder. Legality ap¬ proved by Miller, Canfield, Pad¬ dock & Stone, of Detroit. May 1 from net interest cost of about a as follows: $805,000 33As. Due 1954 to on inclusive. 1968 ( MINNESOTA 1 70,000 3'As. Due May 1, 1969. 75,000 3'As. Due May 1, 1970. 50,000 2'As. Due May 1, 1971. Anoka County Independent School j District No. 65 (P. O. Columbia basis of about County (P. O. East Cambridge), Mass. Note Offering—Charles P. How¬ Glasgow, Ky. Sale —The $160,000 City ard, County Treasurer, will re7 Sch. Union Note Sale—The ticipation notes 178, —v. p. Mich. Dist., $300,000 tax offered an¬ Nov. 2 1714—were awarded City Bank & Trust to the Jackson Co., and the National Bank of Jackson, jointly, at 2%. Township, Gull Road Water District (P. O. 1720 Drive, Kalamazoo), Bond si, ceive sealed (EST) bids , j will until 7 Callable Principal on and 30 days' interest 178, gen- ! to a 1613— ; p. group 'com- i Co., both of Minneapolis, & Moody, of St. Paul,, and Paine, Webber, Jackson & Curtis, of Chicago. , . and Olmsted Counties Joint Ind. Sch. Dist. No< ' , 81-109 (P. O. Chaifield), Minnesota p.m. Dated Nov. 1, 1953. April 1 from 1954 to 1963 inclusive. notice. & man Bond Sale—The $225,000 gen¬ eral obligation fered bonds. on awarded re¬ on $300,000 4—v. posed of E. J. Prescott & Co., Kal- t Fillmore Nov. 13 for the pur¬ chase of $29,000 special assessment Due Nov. were Mich. Clerk, Sale—The obligation building bonds of- j fered Offering—Joseph A. Pari- Township Jr., eral Juran Kalamazoo Riverview Bond were of Oct. building bonds of¬ 29—v. 178, p, 1517—- awarded to J. M. Dain & Minneapolis, at Glencoe, a price of Co., par. Minn. Bond Offering—Sealed bids will (A-O) payable at the American Township Sch. Township Hall first mortgage revenue bonds ceive sealed bids unt-il .11 ami. National Bank & Trust Co., Kala¬ be received by the City Clerk un¬ (P. O. R. R. No. 3, Bedford), Ind. offered Nov. 3—v. 178, p. 1713— (EST) on Nov. 11 for the pur¬ mazoo. Legality approved by til 8 p.m. (CST) on Nov. 18 fdr Bond Offering—William Knight, were awarded to Stein Bros. & chase of $350,000 notes. Dated Miller. Canfield, Paddock & Stone the purchase of $325,000 sewage Township Trustee, twill receive Uoyce, of Louisville.'. • v: Nov. 17, 1953. Due April 2, 1954. of Detroit. disposal plant bonds. Dated Dec. Marshall , \ Rollin Sch. Dist. F. D., Bond $1,000,000 gen¬ and site bonds of¬ awarded were SpringBoard of Binns, Director, will receive sealed bids Nov. posed Mich. Note Offering—William (P. O. Roseville), Mich. building fered 1517— p. awarded to the Harris Trust were Sale—The 5 Bond eral improve¬ sewer street improvement and general improvement bonds of¬ ment, Fract. No. are of Dec. 1, 1956. Legal¬ ity approved by Berry, Stevens & Moorman, of Detroit. - ' Erin matur-. thereafter of the purchase of $120,000 series R, 15 1954 ma¬ troller will receive sealed bids 10 1, Dec. from Bonds and anticipation notes. Detroit, Mich. til 1 until payable Savings by Miller, Bond water Middlesex inclusive. in callable 1, 1959. Prin¬ or trust company to p. & a Dated Dec. on 1, Nov. and thereafter Barryton Sale—The $325,000 school offered bonds. Due & April 1 from on of April as the at 1960 of bids until 8 p.m. for of inclusive. Bonds 1963 Margaret H. the Board — Secretary Savings Bank, of Chicago, as l3As, at a price of 100.03, a basis Oct. are mature turing in I & to 1953 Co., both & 2s. as pay¬ approved Best, Barcus, Co., of Chicago. 1713—were awarded to W. E. HutBond bonds awarded $160,000 park¬ offered — Springs, Ky. Legality ; Heights), Minn.' Bond Sale The $2,717,995.63 —v. 178, p. .1713—were awarded paving, sewer, street opening and to the Guaranty Trust Co., New park bonds offered Nov. 3—v. 178, York City, as l3As, at a price of p. 1713—were awarded to Stern 100.13, a basis of about 1.72%. Bros* 8c Co., of Kansas City, as l3As, at a price of 100.02, a basis Hawlemont Regional Sch. District of about 1.74%. (P. O. Charlemont), Mass. Dawson 1, Sale—The $100,000 build¬ Jackson Brockton, Mass. Bond ' interest at the State's New York City. Legality approved by Wood, King & Dawson, of New York City. ing KENTUCKY Dec. District, Mich. Building Authority 15, Wichita, Kan. Dec. on dated and Gray, Bond Baton inclusive. dated Offering William, of s Sch. Dist., Mich. Royal Oak sive. to Treasurer's office inclusive. on Detroit, jointly, inclusive. Barryton Rural Agricultural School Nov. Interest M-N. and Merrill Lynch. & Beane, of as Boston. Parish MASSACHUSETTS bonds 1953. Indianapolis Sch. City, Ind. Bond Sale—The $275,000 school 178, to of In¬ 1954 Bond 30—v. 11 (CST) on Dec. 10 for the purchase of $400,000 drainage improvement bonds. Dated Oct. 1, 1953. Due on Oct. 1 Due June 11, 1954. building bonds offered Oct. Secretary of the Jury, will receive until 11 a.m. (CST) purchase of $4,000,000 series B bonds. Dated Dec. 1966 inclusive. 60,000 2'As. Hughes & Co., of Indian¬ perger, Slocum, Police bids $293,000 15, 1953. Due on Dec. 15 from 1957 sold to the City to 1962 inclusive. Bonds maturing in 1959 and thereafter are callable National Bank & Trust Co., of as of Dec. 15, 1958. Principal and Kansas. City, as follows: interest (J-D) payable at the State $153,000 2s. Due on Nov. 15 from INDIANA Alexandria School District, 1973 to i; 1613—were awarded MacArthur & Co., p. 1960 and thereafter was 80,000 2'As. Due to are Principal S. Bond Sale—An issue of bonds 1953. 1954 bonds dock & Livingston), La. Offering — Josephine Bond on .school 1954 p. First the to McDonald-Moore and of the successful bidder. Legality ap¬ Livingston Parish (P. O. & io 1974 inclusive. Bonds maturing in 1965 and thereafter are callable Dec. 1 from on 1973 inclusive. was Dated Nov. 1, 1953. Due on Nov. from 1954 to 1963 inclusive. from able at the Second National Bank Legality approved by Chapman & Cutler, of Chicago. City, Kan. the City National Bank to The proved from Bond Sale—An issue of internal from Bank, inclusive. terest A-O. Kansas Village Clerk, will receive until $344,000 school bonds. Niles, III. l-evenue bids Nov. 19 for the purchase on 1963 to 1964 to $93,500 suc¬ bidder. 1 178, of 320,000 3'As. Due Goodland, Kan. III. Clarence — inclusive. 1 1 O. Jonesboro), La. Bond Sale—The $500,000 build¬ 1959 •Johnson, Secretary of the Board of swimming pool bonds was sold to the Small-Milburn Co., of Wichita. Education, will receive sealed bids until 8 p.m. (CST) on Nov. 13 for Johnson County, Shawnee - Mission the purchase of $136,000 building Rural High Sch. Dist. No. 6 bonds. Dated Nov. 1, 1953. Due on (P. O. Merriam), Kan. May 1 from 1955 to 1973 inclusive. Bond Offering — R. A. Marsh. Principal and interest (M-N) pay¬ Superintendent of Schools, will able at a bank mutually accept¬ receive to 1973 Dec. MICHIGAN — Offering p.m. bonds. 200,000 school bonds. Due Consolidated paving Hecht & Co., all of New Orleans, and sewer improvement bonds of¬ at a price of par, a net interest Lewistown), III. fered Nov. 3—v. 178, p. 1713— cost of about Bond Sale The $95,000 build¬ 3.22%, as follows: were awarded to the Small-Miling bonds offered Nov. 4—v. 178, burn Co., of Wichita, on a bid re¬ $60,000 2'As. Due on Dec. 1 from p. 1612—were awarded to Morris1955 to 1958 inclusive. flecting a net interest cost of sey & Co., of Davenport. 120,000 23As. Due on Dec. 1 from about 1.85%. .]Lake County School District No. 56 School awarded Kenower, to Westford on E. (P. composed street re¬ 1 Rugg, of Boston. p. $364,500 improvement 178, —v. to 1953. Ropes, price Dorado, Kan. Sale will until on Nov. 12 for the purchase $800,000 bonds, divided as fol¬ purchase of $483,699.43 on KANSAS Bond bids P. 173, 3—v. Michigan Corp., Detroit. building Nov. on ing bonds offered Nov. 5—v. County Community High Treasurer, sealed March 1, 1954. Interest M-S. Le¬ gality approved by Foley, Cox & 100.92. 2'As, at as Charlotte — Due Offering—Harold 7 for the Shaw, McDermott & Co., Moines, Town / paving 50 to 42 Nov. Monguagon Township School Dist. No. 1 (P. O. Trenton), Mich. Note Sale—The $245,000 tax anticipation notes offered Oct. 26 (EST) paving certificates. Dated Dec. 15, $55,000 building of cessful Greig, ceive Judell, of New Orleans. Sch. Ind. Moines Iowa Bond 24 to Moines, as 3 'As. Offering $600,000 La. Crowley, bids of $28,000 Corp., both of New lows: LOUISIANA of Des Moines. Legality ap¬ proved by Chapman & Cutler, of Chicago. (P. $1,083,000 street improve¬ Westford, Mass. Bond 1973 inclusive. to Certificate purchaser. Bond The — Nos. offered of 1969 payable at the City Treasurer's Legality approved by Ban¬ nister, Carpenter, Ahlers &c Coo- Minburn, Iowa bonds Bond inclusive. 1968 to 332,000 of as District 1714—were City, and the Equitable Se¬ Corp., Nashville, as 1.80s, price of par. a inclusive. 1965 to York Nov. 1 from on 174,000 33As. Due 1965 from 1963. Principal and interest ^mutually agreeable to the District (P. O. Sale ster Securities at 1956 inclusive. 1969 to Dec. 1, Des School District No. 341 of of follows: will receive sealed $469,000 3'As. Due (CST) on Nov. 10 purchase of $100,000 elec¬ tric revenue bonds. Dated Dec. 1, of Fulton Newton- Trust War¬ $230,000 Township Special Assessment ren curities the for company the the & Sale—The Bond Newton, Mass. Bond Weil, Roth & Irving Co., of Cin¬ cinnati, at a price of par, a net interest cost of about 3.79%, as Offering—Carl F. Brown, Clerk, City Dated Dec. 1 from Bank 1613— p. Co., Newton, at 1.035% discount. Lyons & Co., O'Neal, Alden & Co., 2%s. as water -Secretary of the Board of Educa¬ tion, will receive sealed bids until 7:30 p.m. (CST) on Nov. 9 for the purchase of $725,000 building able Waltham 178, to County (P. O. Mount Clemens), Mich. $175,000 30—v. awarded were Lyons, Mayor, will receive sealed Camp Point), III. Oct. offered Macomb Louisville, Bohmer-Reinhart school building, and sewer bonds & Co., Chas. A. Hinsch & Co., W. ment offered Bond Sale—An issue of $15,000 E. Hutton & 4—v. 178, p. 1713—were Co., all of Cincinnati, Nov. hospital bonds was sold to the Russell, Long & Co., Security and awarded to a group composed of First of Iowa Corp., Des Moines, Bond Co., both of Lexington, and Phelps. Fenn & Co., Stone & Web¬ ney, ILLINOIS notes all of County Community Unit School District No. 3 (P.O. and a Bros. Sale—The Note Elma, Iowa Adams able 178, to Stein East Almstedt Bros., Bankers Bond Co., J. J. B. Hilliard & Son, W. L. IOWA of hospi¬ bonds of¬ p. 1713— revenue 4—v. awarded office. Kelley, of Atlanta. bonds. plant Nov. were bids until 1 p.m. the of agency Legality County (P. O. Cambridge), Mass. posed Due on 1983 to Principal and interest payable the City Treasurer's office, or at J-J. Interest Indianola, Iowa clusive. at 1, 1967, in¬ 1954, to Jan. 1, clusive. tal steam fered Middlesex Sale—The $975,000 approved by Ross, McCord, Ice & 1983 inclusive. paving 1,200,000 Bond building $675,000 water and sewerage rev¬ enue anticipation certificates. Due (P. O. Louiville), Ky. purchase of $32,000 Miller, of Indianapolis. follows: as Jefferson County sealed bids until 10 a.m. (CST) on Savannah, Ga. Certificate Offering .Monday, November 9, 1953 .. Volume 178 Number 5271 - ... The Commercial and Financial Chronicle 1, 1953. Due on Dec. 1 from 1955 1978 inclusive. Principal and interest payable at any suitable bank designated by the purchaser. to Legality by approved bonds. Dated Dec. 1, 1953. Due on Feb. 1 from 1956 to 1965 inclusive. until 8 p.m. (CST) for the purchase of bids 17 Water & Bond Sale—The Nov. on $550,000 munic¬ ipal industrial bonds offered Oct. 30—v. 178, p. 1613—were awarded to M. A. Saunders & Co., of Mem¬ to 1973 inclusive. Bonds maturing phis, in 1964 and thereafter are callable terest on a cost bid reflecting a net in¬ of about 2.93%. Feb. of as Brunswick), N. J. Bond 1, 11)63. Principal and payable at any suitable interest MISSOURI by the success¬ ful bidder. Legality approved by Faegre & Benson, and Moody & designated bank Mexico School District, Mo. Bond Offering—Sealed bids will received be Springsted, both of Minneapolis. by the President of the Board of Education until Dec. Middle River, Minn. Sale The — eral improvement Nov. 5 $527,000 bonds gen. offered 8 $25,000 water MONTANA St. North Paul, Minn. Glendive, Mont. Bond Offering—Anna K. Michel, Bond Offering — W. A. ChrisVillage Clerk, will receive sealed bids until. 8 p.m. (CST) on Nov. 9 tiani, City Clerk, will receive for the purchase of $100,000 sewer sealed bids until 7:30 p.m. (MST) Dated bonds. on Dec. 1, 1953. Due Feb. 1 from 1956 to 1972 inclu¬ Callable sive. Feb. of as 1, 1964. Principal and interest payable at a suitable bank designated by the purchaser. Legality approved by Briggs, Gilbert, Morton, Kyle & McCartney, and Moody & Springsted, both of St. Paul. Nov. on for 16 the purchase of bonds, comprising $86,Special Assessment District $107,000 000 No. 52 and $21,000 are Special Assess¬ The bonds dated Dec. 1, 1953. Due Jan. 1, District ment 53. No. bonds Due Nov. dated are Nov. on basis projects included in the 1953 cap¬ ital budget, as well as the assess¬ from 1 1, 1954 inclusive. 1972 Principal and payable at the Deposit Co., Syra¬ cuse. Legality approved by Van¬ dewater, Sykes, Heckler & Gallo¬ way, of New York City. (M-N) Trust 1614 —were Chase National p. & the to Mount Pleasant able improvement program not authorized by the Board of Estimate, and $13,500,000 for de¬ ficiencies in pension contributions for transit employees for the year 1951-1952, leaving an unreserved margin of $32,539,081 on July 1, yet 1953. School Union Free The Due Feb. on 1 from 1955 to New Rochelle amounted to City School District, N. Offer in g Bond Peter J. — Bond Offering—PaulH. Haugen, Village Clerk, will receive sealed bids until 8 p.m. (CST) on Nov. 12 for the purchase of $1,260,000 im¬ divided provement bonds, as fol¬ lows: $1,043,000 series B bonds. Nov. from 1 1954 to Due 1973 on in¬ York Bond County School District No. 34 (P. Bond O. Waco), Neb. Sale—An of $55,000 issue gymnasium-auditorium bonds was sold to Wachob-Bender Corp., of the First National Bank of York, jointly, as 3V2S. Omaha, and clusive. 217,000 series Nov. C bonds. from 1 1955 to Due 1973 on Manchester, N. H. clusive. bonds The HAMPSHIRE NEW in¬ dated are Nov. 1, Bond Offering—James P. Bourne, City Treasurer, will receive sealed thereafter are callable as of Nov. bids until noon (EST) on Nov. 12 for the purchase of $900,000 bonds, 1, 1956. Principal and interest divided as follows: (M-N) payable at a suitable bank 1953. St. Louis County Unorganized Ter¬ ritory School Dstrict (P. O. Duluth), Minn. Bond Offering — W. W. Salmi, County Superintendent of Schools, will receive sealed bids until 10 (CST) on Nov. 20 for the purchase of $400,000 building a.m. bonds. Dated Jan. Jan. 1 sive. Principal from able at nated a 1, 1954. Due 1955 to 1958 interest pay banking institution desig¬ and by the purchaser. approved on inclu¬ by Dorsey, Legality Colman, Barker, Scott & Barber, of Min¬ neapolis. Sibley and LeSeur Counties Joint ind. Sch. Dist. No. 114 (P. O. $200,000 highway and sewer con¬ struction bonds. Due on Sept. 1 1954 to 1973 inclusive. from highway bonds. Sept. 1 from 1954 100,000 Due on to 1963 inclusive. The York New Status As — on fire bonds. Due on Dated Nov. Nov. from 1954 inclusive. Nov. City Charter, Comptroller Lazarus Joseph issued his annual Ellisburg and Lorraine Central School District No. 1 Sept. 1, Sale—The $250,000 build¬ Marine Trust Co. of Western New Co., New 2.90s, at a jointly, City, York price of 100.25, a as > • ■ basis Joint Counties Independent Consolidated School District No. 32 Principal and interest pay¬ Orden, Secretary of the Board of Education, will receive sealed bids until 8:15 p.m. (EST) on Nov. Greenburgh (P. O. Tarrytown), Bond Town Offering York — ■, Wm. C. Duell, Supervisor, build¬ ing bonds. Dated Oct. 1, 1953. Due 000 building and improvement Trust Co., Morristown. Legality approved bv Hawkins. Delafield & Wood, of New York City. Lysander, Central 16 for the purchase of $50,000 (P. O. Waldorf), Minn. on Oct. 1 from 1954 to 1973 in¬ Bond Offering—Vern Fetchenclusive. Principal and interest hier, District Clerk, will receive (A-O) payable at the Morristown sealed bids until 1 p.m. (CST) on Nov. 24 for the purchase of $20,- of New with various phases of the financial operations of the City of New York, such as cost the to the for Oneida, N. Y. city operation of Sale —The Bond house 178, field $25,000 offered bonds Oct. 30—v. 1614—were awarded to & Cross, of New York 2.20s, at a price of 100.07, p. Roosevelt City, as of basis a about Pomfret Un. 2.18%. Free Sch. Dist. No. 6 and maintenance, ments, its incorporation on Feb. 2, 1653, the 150th anniversary of the Comptroller the on Foreword to Sept. 6, 1802. plies to the of the history of the office Comptroller, except that there has been included cal data some Sch. Dist. and Clay No. Baldwinsville), 1 N. Potsdam, N. In the report there Bond Sale—The improvement 5—v. to 178, 2s, at a (P. Y. O. compared with $946,422,044 at the close of the previous fiscal year. The net debt, i. e., the long-term 404 fund holdings cash, amounted to $2,454,820,at June 30, 1953, as compared with of sinking $2,406,455,018, or $48,365,386 in the price of 100.10, Putnam a increase last fiscal Bond July 1, 1953, the general debt-incurring margin of the City of New York amounted to $374,On Sale—The improvement 5—v. to Nov. basi- 178, O. Y. $712,000 public offered Nov. bonds 1715—were awarded p. the Bankers Trust Co., and the Chase National Bank, both of NewYork City, jointly, as 2.10s, at a price of 100.75, a basis of about 2.02%. Richfield Bond Sale nicipal Springs, N. Y. The — building Nov. 4 — 178, v. $28,500 p. 1614 as mu¬ offered bonds awarded to the State — were Comptroller, 4s, at par. Fire District Rotterdam No. 1 (P. O. Rotterdam Junction), ' Bond truck York New Sale The — offered bonds $12,600 fire Nov. 5—v. awarded to Roosevelt & Cross, of New York 178, City, a p. as 1715 — 3s, at were a price of 100.30, basis of about 2.93%. Unionville, N. Y. an year. (P. County Carmel), N. by such sinking funds at June 30, 1953, cash and invest¬ ments totaling $957,932,245, as less offered of about 1.95%. held and bonds 1715—were awarded p. Sage, Rutty & Co., of Rochester, as with respect to the early Following these histories is the regular financial data covering the city's fiscal period 1952-1953. debt Y. $41,000 public fis¬ will Van Buren Heckler & Galloway, of N. Y. City. days of the city. ■ — Waseca and Blue Earth City ing bonds offered Nov. 5—v. 178, is a brief history of the political p. 1715 — were awarded to the events of the city. The same ap¬ Henderson), Minn. Bond Sale—The $251,000 build¬ ing bonds offered Oct. 28—v. 178, p. 1613—were awarded to a group the purchase of $250,000 building Bond Sale The $3,000,000 composed of the First National Dated Dec. 1, 1953. bonds. Due building bonds offered Nov. 5—v. Bank, St. Paul; First National on Dec. 1 from 1954 to 1973 inclu¬ 178, p. 1715—were awarded to a Bank, Minneapolis, and Mannsive. Principal and interest (J-D) group composed of C. J. Devine & heimer-Egan, Inc., of St. Paul, at a price of 100.08, a net interest payable at the First National Bank Co., Blair, Rollins & Co., R. L. of Cedar Grove. Legality ap¬ Day & Co., Bache & Co., American cost of about 2.67%, as follows: proved by Caldwell, Marshall, Securities Corp., Francis I. duPont $121,000 2V2S. Due on Jan. 1 and Trimble & Mitchell, of N. Y. City, & Co., Hirsch & Co., Gregory & July 1 from 1955 to 1967 in¬ Denville Township School District Son, and Coffin & Burr, all of clusive. New York City, as 3.10s, at a price (P. O. Denville), N. J. 130,000 2%s. Due on Jan. 1 and Bond Offering—Samuel R. Van of 100.41, a basis of about 3.06%. July 1 from 1968 to 1979 in¬ clusive. the deals report the 9 27, 1953. Due May 27, 1954. establishment of the office of the Mannsville), N. Y. Bond New dated of York for the fiscal year 1952-1953. and (P. O. of about 2.87%. are report of the receipts and the ex¬ The Nov. required by the New York penditures until purchase of $1,673,000 notes. Dated Debt Principal and (M-N) payable at the Oneida Na¬ items. 1953. Due on Feb. 1 from 1955 to tional Bank & Trust Co., Utica. This year's report is a commem¬ 1983 inclusive. Principal and in¬ Legality approved by Vandewater, orative one in that during the terest (F-A) payable at the Na¬ Sykes, Heckler & Galloway, of fiscal year 1952-1953 the city cele¬ tional Bank of Fredonia. Legality New York City. brated the 300th anniversary of approved by Vandewater, Sykes, inclusive. bonds 1 received be Y. N. City, Reports Comptroller The Comptroller states that receive there was an increase of approxi¬ able at the First National Bank sealed bids until 10:30 a.m. (EST) mately $59,875,587 in the longof Boston. Legality approved by on Nov. 17 for the purchase of term debt during the fiscal year Ropes, Gray, Best, Coolidge & $63,000 improvement bonds. Dated 1952-1953. At June 30, 1953, the June 1, 1953. Due on June 1 from Rugg, of Boston. 1954 to 1968 inclusive. Principal gross long-term debt of the city amounted to $3,412,752,649 (in¬ NEW JERSEY and interest (J-D) payable at the cluding $49,200,000 of serial bonds County Trust Co., Tarrytown. Le¬ Cedar Grove Township Sch. Dist. issued to finance transit operating gality approved by Vandewater, (P. O. Cedar Grove), N. J. deficits), while at June 30, 1952, Sykes, Heckler & Galloway, of the amount of such debt was $3,Bond Offering—Henry S. Little, New York City. 352,877,062. For the retirement of Secretary of the Board of Educa¬ tion, will receive sealed bids until Hempstead Union Free Sch. Dist. that portion of the debt payable No. 23 (P. O. Wantagh), N. Y. from the sinking funds there was 8:15 p.m. (EST) on Nov. 10 for 1953. June capital improve¬ (P. O. Fredonia), N. Y. assessable improvements Bond Offering — Ruth Pinkerthe city's debt and sinking funds ton, District Clerk, will receive 1, 1953. for the retirement of part of such sealed bidk until 2 p.m. (EST) on to 1970 debt, the employees' retirement Nov. 12 for the purchase of $850,and other miscellaneous 000 interest funds, building bonds. Dated Nov. 1, sealed bids until 3 p.m. (EST) on Nov. 12 for the purchase of $25,000 York, Buffalo, and R. D. White & 600,000 bridge construction bonds. Due on Sept. 1 from 1954 to 1973 Offering—Harry K. Berg, Treasurer, will receive Distrist Bonds maturing in 1966 and designated by the purchaser. $662,185,582, and that: 30, — 2.15%. that at the close of the fiscal year Y. 1975 — . reports 1953, $27,596,288, or 4.17% of the levy, remained uncollected, O'Brien, Clerk of the Board of ton. Legality approved by Haw¬ compared with $29,908,966 at the kins, Delafield & Wood, of New Education, will receive sealed bids close of the preceding fiscal year, until 3:30 p.m. (EST) on Nov. 19 York City. or 4.86% of that levy. For 1952for the purchase of $2,046,500 1953 the realty tax collections Spotswood Sch. Dist., N.J. I building bonds. Dated Dec. 1,1953. were, dollar and percentage-wise, Bond Offering — Charles Seng- Due on July 1 from 1954 to 1982 the highest of any year in over a stack, Secretary of the Board of inclusive. Principal and interest quarter of a century. Education, will receive sealed (J-J) payable at the District bids until 8 p.m. (EST) on Nov. 12 Treasurer's office. Legality ap¬ Ogdensburg Housing Authority, for the purchase of $205,000 build¬ New York proved by Hawkins, Delafield & ing bonds. Dated Feb. 1, 1953. Wood, of New York City. Note Offering—Sealed bids will Principal and interest (F-A) payable at the First Na¬ tional Bank, of South River. Le¬ NEBRASKA gality approved by Caldwell, Mar¬ Proctor, Minn. Lexington Sch. Dist., Neb. shall, Trimble & Mitchell, of New Certificate Sale The $93,000 Bond Sale The $135,000 re¬ York City. liquor store revenue certificates funding building bonds offered NEW YORK offered Nov. 2—v. 178, p. 1714— Nov. 2—v. 178, p. 1714—were were awarded to Juran & Moody, awarded to the Central Republic Deerfield Fire District No. 1 (P. O. of St. Paul, as 3V2S and 4V2S. Co., of Chicago, on a bid reflect¬ Box 326, R. D. No. 1, Utica), ing a net interest cost of about New York Richfield, Minn. Comptroller the Dist. No. 9 (P. O. inclusive. 1974, and optional at any time. a 61 total city revenues, including accruals, for the operation of the Pleasantville), Bank of New York City, as 1.70s, New York expense budget for the fiscal year at a price of 100.13, a basis of 1952-1953 amounted to $1,441,673,Bond Sale—The $638,000 build¬ about 1.67%. 640. The expenses, including en¬ ing bonds offered Oct. 30—v. 178, cumbrances, were $1,430,879,635, Newton School Diet., N. J. p. 1614—were awarded to a group leaving a balance of $10,794,005, Bond Offering—S. W. Palmer, composed of George B. Gibbons & to be used for unforeseen encum¬ Secretary of the Board of Educa¬ Co., Inc., R. D. White & Co., both brances or transferred to the Tax of New York City, and Firsttion, will receive sealed bids until Westchester National Bank of New Deficiency Account. 11:30 a.m. (EST) on Nov. 18 for Rochelle, as 2.70s, at a price of : In his report the Comptroller the purchase of $1,200,000 build¬ states that the real estate tax levy ing bonds. Dated June 1, 1953. 100.30, a basis of about 2.67%. for the fiscal year 1952-1953 awarded 178, v. — for the purchase of $982,000 building bonds. Dated Jan. 1, 1954. Due on Dec. 1 from 1954 to 1971 works bonds offered Nov. 3—v. Due serially in 20 years; optional inclusive. Principal and interest 178, p. 1613—were awarded to after five years. (J-D) payable at the Sussex and Kalman & Co., of Minneapolis. Merchants National Bank, of New¬ Sale—The Bond The 1953. First Middlesex County (P. O. New Columbia, Miss. price of 100.45, a about 2.69%. of interest sealed Due on Feb. 1 from 1955 1, 1953. 2%s, at to at par. Gergen, $100,000 bonds. Dated Dec. revenue i — MISSISSIPPI J. receive will Clerk, City N. J. Sale—The $110,000 school offered Oct, 30—v. 178, p. Legality approved by Briggs, Gil¬ bonds bert, Morton, Kyle & Macartney, 1418 were awarded to Ryan, and Moody & Springsted, both of Hanauer & Co., of Newark, as 5s, Hastings, Minn. Offering—A. Lawnside School Dist., Bond St. Paul. Faegre Benson, of Minneapolis. Bond (1825) Bond Sale—The $60,000 water offered Oct. 29—\. 178, p. 1614—were awarded to th State Comptroller, as 3.10s, at paa. system bonds W estfield, N. Y. Against this amount were Bond Sale—The $100,000 water reserved as of that date $92,580,Nov. 5 were 175, the remainders of authoriza¬ bonds offered Nov. 5—v. 178,. \. awarded to a group composed of tions for which no contracts or 1715—were awarded to the BTr.Roosevelt & Cross, New York other liabilities had been regis¬ National Bank of Falconer, ? City, Manufacturers & Traders tered, the balances, totaling $236,- 2.10s, at a price of 100.13, a basL Trust Co., Buffalo, and Bond Sale—The ing bonds lins & Co., $400,000 build¬ 643,511. offered New Blair, Rol¬ City, as 024,255, of amounts provided for York of about 2.08%. 62 The Commercial and Financial Chronicle (1826) CAROLINA NORTH payable (M-N) Hickory, N. C. Offering — W. E. Bond Easter- ling, Secretary of the Local Gov¬ ernment Commission, will receive bids sealed Offering Bond Charles — Offering Bond F. City Manager, will re¬ leigh, until 11 a.m. (EST) on Nov. 10 for the purchase of $73,000 ceive sealed bids until noon (EST) water bonds. Dated Dec. 1, 1953. on Nov. 18 for the purchase of Schwalm, S. J. Kuntze, of Education, bids sealed receive will — the Board of until (CST) on Nov. 18 for the purchase of $315,000 building 1 p.m. 000 sold Nov. on 2 to' syndicate a headed by Kidder, Peabody & New York City, 1955 to 1963 and interest 1 from June on water $2,120,000 first mortgage works bonds, as follows: 1956. Nov. 2. disposal plant sewage Due bonds. 1955 to 1991 inclusive. 1981 were inclusive. on The bonds of¬ assessment 31—v. June North bonds are 1, Dec. dated payable in New York City. Le¬ gality approved by Reed, Hoyt, Taylor & Washburn, of N. Y. City. NORTH Bixin- sealed bids until receive will Village Clerk, stine, (EST) noon Nov. 11 for the purchase of 1953. to Due 1969 on Nov. inclusive. interest 1 on $27,000 1955 from Principal and payable at the Cleves. Le¬ gality approved by Peck, Shaffer DAKOTA (M-N) Cleves National Bank, Fargo, N. Dak. Bond Sale The $666,000 — re¬ & Okla. 1957. 1958. City bids will Clerk, until Barrow- Nov. receive 24 for the awarded were to group a com¬ posed of First National Bank, Min¬ Bond Sale—An 3V2% and 4% tem Sale—The 1961. 000 1964. to sewer sys¬ J. R. was sold OklaLegal¬ ity approved by George J. Fagin, Edwards, City. mosa Inc., of Interest J-J. Oklahoma re¬ of cost road right - of bonds. way - Grainger 1969. 1970. 1971. County (P. O. Rutledge), Tenn. Offering Edward Bond County Court Clerk, receive sealed (EST) from of ap¬ . L. bids until will 10 a.m. Dec. 9 for the purchase school bonds. Dated on 1, 1953. Due 1954 to 1, . $185,000 Dec. Nov. . — Roach, proved by Burgwin, Ruffin, Perry Other members the of group: Goldman, Sachs & Co., Blair, Rol¬ lins &) Co., Inc., Shields & Co., Stroud & Co., Hemphill, Noyes & Co., Moore, Leonard & Lynch, Schaffer, Necker & Co., Schmidt, Poole, City. OREGON $150,000 water bid a terest M-N. Roberts & Parke, Singer, Scribner, Thomas & Co., Yarnall & Co., Arthurs, Lestrange & Co., Fauset, Steele & Co., W. H. Newbold's Son & Co,, Stokes & Co., Walter Stokes & Co., Harri¬ son & Co., Woodcock, Hess & Co., Arthur L. Wright & Co., Jenks, Kirkland & Grubbs, Janney & Co., A. E. Masten & Co., Hulme, Applegate & Humphrey, Inc., McKelvy & Co., and R. C. Schmertz Deane & works improvement bonds offered on interest Dated Nov. 1, 1953. Due on Nov. 1 from 1958 to 1963 inclusive. In¬ 1965. 1966. 1967. 1968. Legality net until 10 a.m. (EST) oh Nov. 23 for the purchase of $150,- 1963. 1 jointly, bids 1962. dated Interest M-N. 1953. of $42,000 issue sanitary improvement bonds Oakwood, Ohio Bond 1960. inclusive. are & County (P. O. Tazewell), Tenn. Offering—J. Kyle Kivitt, County Judge, will receive sealed Due Nov. 1, 1993. bonds Little H. Bond of $150,000 hospital & Pohl, and Kirkpatrick, Pomeroy, building and equipment bonds. Lockhart & Johnson, both of Pitts¬ burgh. Thomas, Okla. funding fered The C. to Claiborne 1959. Nov. on 1976 3,320,000 41/4s. O. Offering—T. Due to awarded were 1963 Dec. on from 1 inclusive. Bonds ma¬ turing in 1959 and thereafter are callable In¬ of as Dec. 1, 1958. terest J-D. purchase of Williams, of Cincinnati. improvement bonds of¬ Nov. 3—v. 178, p. 1715— on 435,000 4s. Norman, Dated Nov. 1, Village Hall bonds. sale for series D electric system revenue bonds of¬ fered Nov. 3—v. 178. p. 1615— about 2.84%. 130,000 3.90s. Due Nov. 1, 1972. 135,000 3.95s. Due Nov. 1, 1973. 1974 sealed Bond Offering—Robert E. Principal and interest (J-D) scheduled originally Nov. 3. Bond Ohio Bend, system bonds sewer p. man, 1955 to from 1 sanitary 1615— awarded to Fahey, Clark & 178, facilities bds. 1982 inclusive, 1953. Oct. Co., of Cleveland, as 2V4S. 250,000 recreational Due sewer fered 1955 to from 1 June on tary Due sani¬ Sale—The $24,675.53 Bond bonds. 500,000 storm sewer and Ohio Kenton, from 1 June on Bond Sale—The $200,000 Knoxville, flecting a 50,000 2.20s. Due Nov. 1, 1955. — 1,347,000 Athens, Tenn. Co., and Davidson & Co.. both of Due Nov. 1, 1954. $50,000 2s. 50,000 2.40s. Due Nov. 1, 50,000 2.60s. Due Nov. 1, inclusive. Principal 50,000 2.80s. Due Nov. 1, Gage, Okla. (J-D) payable in New York City. $875,000 bonds. Dated Oct. 1, 60,000 2.95s. Due Nov. 1, Bond Sale The $7,500 water 1947. Due on Oct. 1 from 1954 Legality approved by Reed, Hoyt, 70,000 3.10s. Due Nov. 1, to 1971 inclusive. Bonds ma¬ works bonds offered Nov. 2 were Taylor & Washburn, of N. Y. City. 75,000 3.20s. Due Nov. 1, turing in 1958 and thereafter awarded to R. J. Edwards, Inc., of Raleigh, N. C. 80,000 3.30s. Due Nov. 1, Oklahoma City, as 3 Vis, at a price are callable as of Oct. 1,1957. Bond Offering — W. E. Easter85,000 3.40s. Due Nov. 1, 1,245,000 bonds. Dated Oct. 1, of 100.15, a basis of about 3.22%. ling, Secretary of the Local Gov¬ 90,000 3V2s. Due Nov. 1, 1953. Due on Oct. 1 from 1954 The bonds mature serially from ernment Commission, will receive 95,000 3.55s. Due Nov. 1, to 1979 inclusive. Bonds ma¬ 1956 to 1962 inclusive. sealed bids until 11 a.m. (EST) on 100,000 3.60s. Due Nov. 1, turing in 1966 and thereafter Nov. 17 for the purchase of $2,Hollis, Okla. 105,000 3.65s. Due Nov. 1, are callable as of Oct. 1, 1965. 715,000 bonds, divided as follows: Bond Offering — M. Simmons, 110,000 3.70s. Due Nov. 1, Interest A-O. Legality approved City Clerk, will receive sealed 115,000 33/4s. Due Nov. 1, $618,000 series B water bonds. Due on June 1 from 1954 to 1991 by Peck, Shaffer & Williams, of bids until Nov. 17 for the purchase 120,000 3.80s. Due Nov. 1, Cincinnati. inclusive. of the $57,000 water works system 125,000 3.85s. Due Nov. 1, Due Co., follows: as intended to be sold on originally TENNESSEE f Sale—An issue of $5,500,school revenue bonds was Bond This is the issue that was bonds. County School Authority (P. O. Indiana), Pa. Dist. (P. O. Lawton), Okla. No. 8 Clerk Hamilton, Ohio Indiana OKLAHOMA Comanche County Indep. Sch. Shaffer gality approved by Peck, & Williams, of Cincinnati. Ra¬ in office his at at the First Na¬ Le¬ of Germantown. Bank tional Monday, November 9, 1953 ... Clackamus County Sch. Dist. No. 13 Welches), Ore. Bond Offering — Elsie Creighton, District Clerk, will receive (P. O. 2—v. 178, p. 1615—were neapolis; First National Bank, St. Nov. Paul; Northwestern National Bank, awarded to Fahey, Clark & Co., Allison-Williams Co., J. M. Dain of Cleveland, as 2%s, at a price sealed bids until 8 p.m. (PST) on & Co., Piper, Jaffray & Hopwood, of 100.93, a basis of about 2.66%. Nov. 24 for the purchase of $95,000 and Shaughnessy & Co., all of building bonds. Dated Dec. 1, Orwell, Ohio Minneapolis, at a price of 100.05, Bond Offering—Helen R. Irwin, 1953. Due on Dec. 1 from 1954 to a net interest cost of about 2.93%, 1972 inclusive. Principal and in¬ Village Clerk, will receive sealed & Co. as follows: bids until noon (EST) on Nov. 14 terest (J-D) payable at the Coun¬ $316,000 23/4s. Due on Jan. 1 from for the purchase of $35,000 Water ty Treasurer's office. Legality ap¬ Mahanoy City, Pa. 1956 'to 1964 inclusive. proved by Winfree, IVIcCulloch, Department bonds. Dated Jan. 1, Certificate Sale The $20,000 350,000 3s. Due on Jan. 1 from 1954. Due on Oct. 1 from 1955 to Shuler & Sayre, of Portland. Knoxville, Tenn. Offering—Geo. R. Demp¬ will receive sealed Bond ster, Mayor, bids until noon (EST) Nov. 18 on for the purchase of $2,000,000 hos¬ pital bonds. Dated Due 1 Nov. on Nov. from 1, 1954 1953. 1973 to inclusive. Bonds maturing in 1965 thereafter are callable as of and Nov. 1, est 1964. Principal and inter¬ payable at the Chase (M-N) National Bank, New York City. Legality approved by Chapman & Cutler, of Chicago. Scott County (P. O. Huntsville), Tenn. Bond Offering—Bill Ed County Court Clerk, sealed bids until 10 Thomas, will receive (CST) a.m. on Nov. 20 for the purchase of $159,000 hospital bonds. Dated Oct. 1, 1953. Due Oct. on 1973 inclusive. 1 from 1962 to Interest A-O. — certificates of indebtedness offered 1965 to 1975 inclusive. 1984 inclusive. OHIO Interest A-O. Curry County Sch. Dist. No. 17-C (P. O. Brookings), Ore. Offering—Dora E. Beau- Parma, Ohio Bond Bond Offering—Joseph S. Lime, lieu, District Clerk, will receive City Auditor, will receive sealed sealed bids until 7:30 p.m. (PST) bids until noon (EST) on Nov. 12 Director of Finance, will receive on Nov. 16 for the purchase of for the purchase of $305,776.44 sealed bids until noon (EST) on $378,500 building bonds. Dated Dated Nov. Nov. 12 for the purchase of $25,- street improvement bonds. 16, 1953. Due on Nov. 15 Oct. 1, 1953. Due on Oct. 1 from from 1955 to 1973 inclusive. Bonds 000 storm sewer construction Principal bonds. Dated Nov. 1, 1953. Due on 1955 to 1964 inclusive. maturing in 1969 and thereafter and interest (A-O) payable at the Dec. 1 from 1955 to 1974 inclu¬ are callable as of Nov. 15, 1968. Cleveland Trust Co., Cleveland. sive. Principal and interest (J-D) Principal and interest (M-N) pay¬ Legality approved by Squire, San¬ able at the payable at the office of the Di¬ County Treasurer's of¬ ders & Dempsey, of Cleveland. rector fice.. Legality approved by Winof Finance or at the Farmers Bank of Ashland. Legal¬ free, McCulloch, Shuler & Sayre, Reading, Ohio Ashland, Bond Ohio Offering—T. Bond Offering—Paul Mengel- of Portland. Offering—Ella A. McCar- ley, Assistant Clerk of the Board of County Commissioners, will re¬ bids until 10 a.m. (EST) on Nov. 13 for the purchase $140,300 bonds, divided as .of follows: $90,000 Sewer No. District Franklin Due on Sept. 1 1 bonds. from 1955 to 1964 inclusive. 39,400 Single Ditch County Hamilton Prairie No. 51-1 provement bonds. im¬ Due on Sept. 1 from 1955 to 1964 in¬ clusive,^ 10,900 Single Products County ~ Norman Ditch No. Clinton 52-5 improvement bonds. Due Sept. 1 from 1955 to 1959 on inclusive. The bonds are dated Nov. 1, Principal and interest (M-N) payable at the County Treasurer's office. Successful bidder to furnish legal opinion. 1953. Germantown Local Sch. Dist., Ohio Bond Offering—R. E. Oblinger, Clerk of the Board of Education, will receive sealed bids until kamp, 188,000 Due incinerator on Oct. 1 plant from bonds. 1955 to 1964 inclusive. 115,000 Golf Club Oct. on Nov. 13 for the purchase $4,500 school improvement bonds. Dated Nov. 15, 1953. Due 1964 House bonds. from 1955 to inclusive. on of Nov. 15 from 1955 to 1958 in¬ clusive. Principal and PENNSYLVANIA Union 1615 National Mahoney City, 3s, as The bonds 1 dated Dec. 1,1953. Legality approved by Squire, Sanders & Dempsey, of Interest are A-O. interest Cleveland. lows: at Union (P. Due on Dec. 1 from 145,000 3y2s. Due on 80,000 3%s. Due on Dec. 1 from 1971 to 1974 inclusive. 400,000 4s. The 1953. Due bonds on are Interest J-D. cjated Dec. 1, the of , G. , Cle¬ State Funding Board, will receive sealed Dist. Authority a.m. (CST) on Nov. 17 purchase of $20,500,000 the bonds, divided as follows: BLOCK 1 $740,000 sold $1,000,000 State Office Bldg. bonds Due Dec. 1, 1963. 1 to The First Boston Corp., New 1,000,000 Library and Archives York City, and McJunkin, Patton & Co., bonds was Pittsburgh^ jointly, fpl- as lows: $30,000 4s. 1956 Due i5n to 1958 Oct. from 1 inclusive. Due .on 1964 ^inclusive. to Due on 250,000 4s. 1969 to Due^on Oct. 1 from The Due bonds Oct. 1 from inclusive. 1980 330,000 4%s. on Oct. 1, 1990. Oct. dated 1, 1953, and those rffaturing in 1959 and are thereafter callable are as of Oct. 1, 1958. Principal and inter¬ est (A-O) payable at the Mellon National Bank & Trust Co., Pitts¬ burgh. L e g a 1 i try approved by Kirkpatrick, Pomeroy, Lockhart & Johnson, of Pittsburgh. Western Bldg. bonds. Due Dec. 1,1963 1,400,000 University of Tennessee impt. bonds. Due Dec. 1,1964 2,050,000 Bedford County Joint Authority (P. O. New Paris), Pa. a was Merrill Lynch, Due Dec. 1, 1964. 600,000 educational impvt. bonds Due Dec. 1, 1964. 725,000 educational impvt. bonds Due Dec. 5,000,000 bonds. 1, 1964. highway construction Due Dec. 1. 1965. 3,000,000 rural road bonds/ Dec. 1, 1965. ■<--% and Cente Due Dec 1, 1963. sold Pierce, Research Hospital bonds. All 1, , of the bonds are dated Dec 1953. (J-D) Principal and interesl payable at the fiscal agenl of the State in New York at of Dolphin & Philadelphia, as, fol¬ •' $370,000 33/4s. 1955 to Due and on Feb. 1 from Feb. 1, 1970 1971. Due on Feb. 1 Due on 1993. oi State Treasurer's office, a1 holder's option. Separate b-i d must be made for the bonds com Legality approved by Caldwell, Marshall Trimble & Mitchell, of N. Y. City from TEXAS 1972 to 1974 inclusive. 4M>s. City the prising Blocks 1 and 2. 1969 inclusive. on Due BLOCK 2 Co., all , 1964. ; 1,000,000 mental institutions bds Fenner & Beane, and lows: plant 1964. bonds. Due Dec. 1, 1964. 1,000,000 charitable and penal in stitutions bonds. Due Dec. 1 Memorial group composed of Butcher & Sherrerd, 1, 725,000 Capital Bldg. and impvt Bond Sale—An issue of $1,700,to heating Due Dec. $3,000,000 University of Tennessee School 000 school revenue bonds central bonds. Oct. 1 from 1965 to 1968 inclusive, Feb. 1, Grand Bond Prairie, Texas $460,000 bond Sale—The Nov. 1, offered Nov. 4—v. 178, p. 1716— Legality ap¬ were awarded to a group com proved by Livengood & Nissley, posed of Southwestern Securitie of Harrisburg." — Co., Dallas, Lovett Abercrombie 5 The Dec. 1, 1992. Frank Hopwood), Pa. revenue 1,150,000 1962 to 1970 inclusive. Chairman Bond Sale—An issue of building 110,000 4s. Dec. 1 from — bids until 11 Sch. O. Offering ment, for South 70,000 3%s. Due $95,000 3V4S. Bond were — price of 100.10. a 60,000 3%s. 1954 to 1961 inclusive. Due on the to of p. 70,000 3V2s. Aliquippa Sch. Dist., Pa. Bond Offering — S. W. Devitt, Dated Nov. 15, 1953. Due on Secretary of the Board of School Nov. 15 from 1955 to 1964 inclu¬ Directors, will receive sealed bids sive. Principal and interest (M-N) until 8 p.m. (EST) on Nov.1 17 for payable at the City Treasurer's the purchase of $350,000 building Dated Dec. 1, 1953. Due office. Legality approved by Peck, bonds. Shaffer & Williams, of Cincinnati. on Dec. 1 from 1954 to 1968 in¬ clusive. Principal and interest Warren, Ohio payable at the Woodlawn Trust Bond Sale—The $114,720 sani¬ Co., Aliquippa. Legality approved tation department and street de¬ by Burgwin, Ruffin, Perry & Pohl, partment equipment bonds offered of Pittsburgh. Oct. 29—v. 178, p. 1519—were Eastern York County Joint School awarded to McDonald & Co., of Authority, Pa. Cleveland, as 2s, at a price of Bond Sale—A group composed 100.41, a basis of about 1.91%. of Ira Haupt & Co., New York Youngstown, Ohio City; Butcher & Sherrerd, Phila¬ Bond Offering—J. Emerson Da¬ delphia; Hemphill, Noyes & Co., vis, Director of Finance, will re¬ New York City; Rambo, Close & ceive sealed bids until noon (EST) Kerner, of Philadelphia; Allisonon Nov. 19 for the purchase of Williams Co., Minneapolis; War¬ $603,000 bonds, divided as follows: ren W. York & Co., and Joseph $300,000 water works improvem't Lincoln Ray, both of Philadelphia, an issue of $720,000 bonds. Due on Oct. 1 from purchased building revenue bonds, as fol¬ 1955 to 1966 inclusive. noon (EST) awarded Bank 178, v. — 1959 City Auditor, will receive Franklin County (P. O. Columbus), sealed bids until noon (EST) on Nov. 11 for the purchase of $100,Ohio 000 street improvement bonds. Bond sealed 3 Withers, V. ity approved by Squire, Sanders & Dempsey, of Cleveland. ceive Nov. Tennessee (State of) 1953. bonds are dated Interest F-A. Number 5271... The Commercial and Financial Chronicle Volume 178 of Co., Shafto, a par, & and Phelps, Inc., of New York, of Thomas & Co., of Pittsburgh, net interest cost of about Murray W. Moore & Co., and J. Houston, and Lyons of Boston, at a price R. 2.49%, as follows: Phillips, Co., Investment of Houston. $227,000 water works and sewer bonds: $49,000 2V2s, due on clusive; due 1983 to inclusive. 1 from 2^s, due on Dec. 1955 000 1964 to inclusive; 23As, due 1965 inclusive; $85,000 3s, due Dec. 1 from inclusive; 1955 Nov. 1973 due on Dec. 1 1954 bonds 1974 from to 1964 $100,000 sold to the Abercrombie Lovett, and Co., of jointly, Houston, 249,000 4s. Due 1974 1955 Due on April 1 from bonds dated are Callable the at Oct. of April as Chase National Irving, and sold was Houston), Co., of Dallas, at Bond 1615 Sale offered 4—v. awarded to were — headed cate The $15,500,000 — Nov. by the 178, & Savings Bank, of Chicago, at a price of 100.20, a net interest cost of about 2.30%, $11,500,000 follows: as road bonds, Due on 1973 2.30s. as 1953. Dec. to 1 from Huguenin 1954 to bonds, 15 & from Interest by approved New Bond Du¬ Boothman, Braunfels, Sale—The Optional Flood bonds, 1 Dec. on as from Control 2.40s. 1954 Due to bonds dated are Dec. 1, Other cate: & members of the syndi¬ Chase National Bank, Bank¬ Trust Co., Fenn Phelps, Lehman & Co., Sale—Russ Antonio, works Nov. Stearns & Co., Merrill Lynch, Pierce, Fenner & Beane, Salomon Bros. & Hutzler, Estabrook & Co., F. S. Moseley & Co., Eastman, & & Co., Paine, Curtis, all Webber, New of York, Schoellkopf, Hutton & Pomeroy. of Buffalo, Dominick & Dominick. Bacon, Stevenson & Co., W. E. Hutton & Co., all of New York, Central Republic Co., of Chicago, First of Michigan Cor¬ National Newark, Kean, Taylor & Co., of New York, Commerce Trust Co., of Kansas City, Andrews & Wells, Inc.. Hannahs, Ballin & Lee, both New York, Union Trust Co., of San issue an of Co., Dallas Rupe & Son, both of Dallas, Dewar, Robertson & Pancoast, of San Antonio. Rauscher, Pierce & Co., of Houston, Stern Bros. & Co., of Kansas City, Eddleman-Pollok Co., of Houston, Republic National Bank, of Dallas, Demosey-Tegeler Co., of St. Louis, Wm. E. Pol¬ lock & Co., G. C. Haas & composed Pacific of Bramhall National Bank, & Stein, June and S. Jones & Co., all of Seattle, on a bid reflecting a net interest cost King County, Bellevue Sch. Dist. No. 405 (P. O. Seattle), Wash. Bond Offering—A. A. Tremper, Treasurer, receive will (PST) on Nov. 17 for the purchase of $750,a.m. building bonds. Due 1973 Dec. on inclusive. after 10 Dated Dec. 1, from 1955 to 1 Callable able from date of issue. years the at or on Principal and interest (J-D) (City), The County, Ontario, and part of the Pine Township of Sombra, in the Coun¬ ty of Lambton. Valley QUEBEC (Town) Joint Sch. Dist. No. 4 Coaticook, Que. (P. O. Neillsville), Wis. Bond Sale—The $285,000 build¬ ing bonds offered Nov. 3—v. 178, 1616—were p. awarded Bond 1955 County 1963 160,000 2V2s. May 1 from on inclusive. Due Bond Sch. County, disposal Nov. 4 awarded bonds 178, v. to 1959 the in 30 on Bank of Bond Sale—An issue of ly, Chicago, and Robert W. Co., of Milwaukee, joint¬ 2V4S, at-a price of 100.69, a as Prairie du Gairdner Chien, Wis. the days' notice. Sound' the of the E. State in New 30—v. 178, 1520— p. 95.59, Walla Offering; — Dist., will receive p.m. on of C. W. Stone, refunding bonds ture serially 1985 fers an bonds bids of to 1, 1954 and of about 2.18%. The Board of option, The or pre¬ redemption on but years, submitted be may if desired. ma¬ County Columbia (PST) chase of Dated Dec. on in with or in both forms bonds excess valuation the District. proved by Heckler York & will not be ity (P. O. Hayward), DIVIDEND Due Dec. on inclusive. 1968 after of 7% of real of the estate Legality to be ap¬ by seven Bond Offering—Arnold H. An¬ PHELPS derson, County Clerk, will receive bids Nov. until 10 10 (CST) purchase of the for Thor¬ grimson & Horowitz, of Seattle. Dist. No. 307 Pullman School (P. O. Colfax), Washington Sale—The Bond eral $450,000 gen¬ obligation building bonds of¬ Nov. fered 3—v. awarded were to 178, the p. 1520— First Na¬ Vandewater, Sykes, tional Bank of Pullman, at a price -Galloway, of New of 100.12. on Dated CORPORATION Oct. 1 Oct. from 1, 1954 1953. to Due 1963 in¬ The unlimited tax road bonds was to the Columbian Securities Dittmar Antonio, 1953. & jointly. Due on both Dated Corp., of Dec. April ,10 from to 1971 inclusive. terest Co., sold San 10, 1955 payable at the Republic Na¬ 178, —v. to a p. group National waukee about composed of the First of Chicago; Mil¬ Co., and Robert W. Baird 994.209 the ten, City Clerk, will receive seal¬ hurst ed Bank, Abilene. Le¬ Crowe, of Dallas. Bay, Wis. year-end extra dividend of per 1954 to stock¬ until 11 a.m. share pay¬ Bonds. the Short-Term Total first 10 including bond ($3.00) per $12.50 par value share. M. financing including $505,188,075 $450,000,000 This makes total dividends de¬ clared in 1953 of Three Dollars W. URQUHART, Treasurer. Canada November 5, 1953 financing for months of this Corporation year, issues, to¬ taled $1,894,134,615, compared $1,370,619,739 for the similar period of 1952. with EATON COMPANY MANUFACTURING Cleveland 10, Ohio DIVIDEND ONTARIO Toronto, Files Issue (CST) Ont. — with the Securities and ment Company has declared a dividend of Fifty Cents (50c) per share on the of the of business November due Dec. 1, 1954 to 1983. Ripley & Co. Inc. and The Dominion Securities Corpora¬ head on shares of the Com¬ payable November 25,1953, shareholders of record to at Declared on the close 10, 1953. H. C. STUESSY, Harriman tion common pany, Ex¬ change Commission covering $18,600,000 consolidated loan deben¬ tures 127 of Eaton Manufacturing SEC Corpo¬ City of Toronto (Province of Ontario, Canada) on Oct. 30 filed a registration state¬ ration With NO. The Board of Directors Secretary October 30, 1953 group which will un¬ a derwrite the debentures. the sale of these will be Corporation sion advanced the of Transportation and will be used EATON MANUFACTURING COMPANY by City of Commis¬ EXTRA DIVIDEND # Cleveland 10, Ohio (DIVIDEND No. 128) for capital expenditures including construc¬ tion of the Commission's Rapid of Eaton Manufacturing Company Transit has The Board of Directors Subway project and other miscellaneous of purposes. on Wallaceburg, Ont. Debenture Sale 4V2% was - sold — and to issue An 43/4% J. L. declared pany, of to deben¬ ceeds of the issue will be payable November 25,1953, 10, 1953. H. C. STUESSY, Declared Pro¬ used dividend shareholders of record at the close Graham 1954 to 1973 inclusive. extra of business November Co., and Bankers Bond Co., both of Toronto, jointly. Due serially from an Fifty Cents (50C) per share the common shares of the Com¬ & Bond Offering—Clifford A. Cen- bids rec¬ 1953; also able January 7, Octo¬ $36,month. preceding In October of 1952 bond totaled tures Green 19, Forty Cents (40ft) with compared in $160,000 ter National & Bonds, Toronto 1.97%. tional Bank, Dallas, or at the Citi¬ November 1953. the Wis. bonds offered Nov. 3 1616—were awarded Bank December 10, 1953 to stockholders of holders of record December 17, Co., both of Milwaukee, as 2s, a price of 100.30, a basis of at share, payable ment, debentures Sale—The $635,000 corpo¬ rate purpose & Principal and in¬ du Lac, Fond Bond of fourth-quarter divi¬ ber Financing—Canadian Govern¬ Proceeds from WISCONSIN $350,000 Sixty-five Cents (65() a Swells has Directors dend (Dominion of) Government Issue of a per CANADA Canada Soard declared ord City. Bond Sale—An issue of PODGE a.m. years Preston, Whitman County, NOTICES Wisconsin (J-D) approved Taylor County Road District No. 1 (P. O. Abilene), Texas and pur¬ Principal and payable at the County Treasurer's office. Legal¬ interest Board of Education since the total is a.m. building bonds. to or 10 the for 1953. 1, 1955 Callable until 18 $190,000 from 1 Nov. on eligible for purchase by the State debt (P. O. Treasurer,.; will bids sealed basis of about 4.45%. a Dated Nov. 1, 1953. I- Sawyer County July 1 from 1954 from date of issue. on inclusive. option bonds maturing after 10 without 8 scheduled are bear date of Jan. to until woodie, receive of price a bond Walla), Wash. Offering — Fannie Dun- Bond Nov. 23 for the purchase The 1953. bids sealed $1,028,000 of agency Walla Texas 4s, at Due on Nov. 1 Savings Bank, of Chicago, as from 1954 to 1973 inclusive. 2y4s, at a price of 100.62, a basis Call¬ York County, as and Canada, & ada Walla of of Oct. awarded to the Harris Trust order Bank fiscal of Toronto, fered Principal and National at or Co., Bank Montreal, jointly, (J-D) payable at the Pu¬ Tacoma, & Royal Bond Sale—The $285,000 school building and equipment bonds of¬ Were $600,000 school building bonds was sold to basis of about 2.18%. Due Dec. 1 numerical 1,1953. Commission, Que. & bonds. Franklin 1, 1952. inverse interest dated Oct. Sallaberry-de-Valley field School National Assistant Dec. Oct. 1 from on $110,000 highway improvement Wash. — from inclusive. 1965 are 1 were — First 4.57%, inclusive. Due to Oct. on 1958 The bonds offered 1616 p. Due to 17,000 3V2s. Wis. $325,000 sewage system — 4s. 1954 Provincial and Municipal financing in October, 1953, City. according to Wood, Gundy & Co., Legality approved by Preston, Thorgrimson & Horowitz, of Se¬ Ltd., totaled $780,882,300, includ¬ attle. ing the $700,000,000 issue of Can¬ Secretary of the Board of Trustees, $27,000 follows: $10,000 May 1 from on New London, Bond Sale—The on Tacoma), Offering by Indep. of sold to A. E. net interest cost of about as 1964 to 1973 inclusive. sealed grimson & Horowitz, of Seattle. Johnson, to Due get Dallas. issue was to water of Bank Sale—An building bopds a $125,000 2i/4s. the fiscal at or gality approved by McCall, Park¬ trict 1993 pay¬ Treasurer's agency of the State in New York City. Le¬ gality approved by Preston, Thoroffice, School District No. 400 & Marshall, of Seattle, Byrne to Baird of about 2.97%. zens & Neillsville group a Co., R. D. Co., all of New York, Chas. B. White & Co., of Houston, R. J. Edwards, Inc., of Dallas, Fos¬ White 1954 Dated on approved Harris in Dallas 1420—were awarded to p. able bonds. sewer Spring Branch S. Co., all of New York. Fidelity Union Trust Co., of from 1 be ing bonds offered Oct. 30—v. 178, McCall, Parkhurst & Crowe, of Dallas. assessed & addition 1953. follows: Ground Sch. Battle Vancouver), Washington Sale—The $225,000 build¬ Dated obligation general 1, 1953. Due poration. W. H. Morton & Co., F. Smithers & purchased and cantile Chemical Stone & Webster Securities Corp., R. W. Pressprich & Co., Bear, Jackson City. Legality approved County, Bond Slayton, Texas Bond Brothers, Bank & Trust Co., C. J. Devine & Co., all of New York, Philadelphia National Bank, of Philadelphia, Dillon pay¬ Bank, WASHINGTON Clark Co., of Houston, jointly. Legality 1953. to pay the cost of constructing an rev¬ 1, Piper, Ames & Co., of Toronto, and the by Wood, King & Dawson, of New Jaffray & Hopwood, of Minneap¬ York City. olis, at a price of 100.15, a net Royal Bank of Canada, of Mont¬ interest cost of about 2.44%, as real, jointly, at a price of 94.34, Texas Nov. 1 from 1973 1968 to 1972 inclusive. Principal and interest payable at the Mer¬ inclusive. The (J-J) National of $250,000 water Nov. on Nov. Secretary of clusive. Principal and interest works and sewer system extension the Board of Trustees, will receive (A-O) payable at the County and improvement revenue bonds sealed bids until 3 p.m. (PST) on Treasurer's office. Legality ap¬ offered Nov. 3—v. 178, p. 1716— Nov. 23 for the purchase of $300,proved by Chapman & Cutler, of were awarded to Dittmar & Co., 000 dormitory mortgage revenue Chicago. San Antonio, and Rowles, Winston bonds. $50,000 County Due on Puget Sound College (P. O. as after 10 years. District 1, 1953. Due Chase the at New York Dallas. Dec. 1 from 1954 on inclusive. 1973 2,500.000 & Aug. on inclusive. Legality refunding from 1955 to 1992 inclusive. courthouse 2.40s. Due of Due 1983 to inclusive. 1,500,000 ers & as F-A. p. syndi¬ Trust a Harris Pierce 3V4S, 33As and 4s, price of 100.06. Dated Aug. a 15, bonds revenue Rauscher, mas, Texas bonds water to $400,000 purchase of $5,- Dated Treasurer's Va. Principal and interest 1953. Bond Sale—An issue of 1954 O. Texas bonds. enue 1 from 1955 to 1974 inclusive. able Co., ton. sewer of Dallas. (P. Dated Jan. bonds. Jan. sealed bids until 11 pay¬ Bank, Dewar, G. Vass, City the purchase of $700,000 County 1, Legality approved by Dumas, Huguenin & Boothman, County sold to was Rauscher, Pierce & Co., both of Houston, Russ & Co., of San An¬ 1, 1968. New York City. Harris Investment the office, or at a bank to designated by the purchaser. Manager, will receive sealed bids Legality approved by Chapman & until noon (EST) on Nov. 24 for Cutler, of Chicago. 000 Principal and interest (A-O) able Phillips group: Co., of San An¬ Houston, San An¬ Houston, San An¬ Chicago, Dallas, Dittmar & Co., of R. bonds Bond the of Securities for 17 700,000 water works mortgage Dist. No. 115 (P. O. 1983 inclusive. 1979 to The from 1 1978 inclusive. 1973 to members tonio, Dunn & Wills, of First of Texas Corp., of J. building tonio, and Shawell & Co., of Hous¬ April on 25,000 S^s. Due 1953. April 1 from inclusive. 1972 to 3s. 27,000 on nasium 1992 inclusive. Union house April 1 from on Nov. 63 to the Wallaceburg Dis¬ High School. High School District is Robertson & Pancoast, of San An¬ inclusive. Bonds maturing in 1964 comprised of the Town of Wal¬ tonio. and thereafter are callable as of laceburg and parts of the Town¬ Nov. 1, 1963. Principal and inter¬ ships of Chatham and Dover, all VIRGINIA est (M-N) payable at the City of which are located in Kent school inclusive. 450,000 4*4s. Due Dallas April 1 from on 1933 to April 1 from on $325,000 and gym¬ inclusive. 1973 & tonio, Fridley & Hess, of fol¬ Lentz, Newton & Co., of tonio, Nongard & Co., of as lows: $48,000 234s. Due to April 1 from on inclusive. 1963 to Other Southwestern Securities Co., Dal¬ las, syndicate headed by a 1984 to was p. 61,000 3%s. Due Greenville, Texas fire station 178, v. — ori¬ was offered on 1615 — were lows: inclusive. Bond Sale—An issue of ($1,000,000 Rowles, Winston & Co., of Hous¬ ton, at a price of 100.12, a net in¬ terest cost of about 4.14%, as fol¬ inclusive; and $25,000 3s, 1 1965 to on Dec. 2 Indep. Sch. Dist., Texas Bond Sale—An issue of Portsmouth, $800,000 school announced) awarded to 23/4S, $15,000 from to due 1983 bonds Yoakum Bond Offering—I. Sale—The $40,000 3V2s. Due from 1 Dec. on house bonds: $10,000 2V2s, 50,000 park 1964 on and 1983 inclusive. 1974 to due $54,- 1 from Dec. on 1973 to Box 60, Houston), T exas Bond ginally 183,000 improvement bonds: $44,000 Route 10, in¬ 3s, County, East and Mount Dist. (P. O. Houston Ind. Sch. due on 1973 to 1974 from 1 Harris in¬ 1961 $109,000 and Dec. on 1965 from 1 to 23/4s, $69,000 clusive; Dec. 1955 from 1 Dec. (1827) > on Secretary October 30, 1953 ^ €4 The Commercial and Financial Chronicle.. (1828) 1 Say yoursei/ to ...here is life-giving money to help those stricken by Cancer to live again. every nickle and dime i give helps teach to new thousands how recognize Cancer and what to do about it. every quarter i give laboratories and scientists who V helps support are ing their lives to find the cause—and dedicat¬ cure Cancer. every dollar i send buys new ment, establishes new facilities for treating curing Cancer. Just write "CANCER" containing your check or money delivered to the American Cancer on the Society office in your state. AMERICAN CANCER envelope order. It wiH be SOCIETY equip- and of .Monday, November 9, 1953