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/ MONDAY ;""88a? ISSUE 23 1953 to/too. dtUf'^rigi, Reg. U. S. Pat. Office Volume'178 Number 5267 New York 7, N. Y., RAILROAD PUBLIC UTILITY - Monday, October 26, 1953 INDUSTRIAL - Price $1 INSURANCE - MISCELLANEOUS - ■ <i . . Years Ended Net July 31— (& 1953 M. sales Canadian income 6,558,000 $4,533,478 2,310,959 799,713 profits 776,427 t$5.67 paid, taxes— tax of Air shares share per "Partially number cash capital Earnings — $5.74 ___ tExcludes treasury presently outstanding.—V. W. Davis of Relations shares. 177, tBased has 15 been years.—V. Alton (III.) A of letter shares without p. 178, aviation stock common underwriting. filed was with be to the offered Henry Wuellner as organizers. SEC at and on public Oct. ($100 par Ryrie Exchange (Stocks) Exchange (Bonds) 2S Boston per Exchange Exchange, Stock 111., named are Aluminum Los Angeles Midwest Exchange Exchange 1953 sales Profit San Provision income for taxes_____ Federal income taxes Francisco 200,000 Net profit Common '$174,795 Earnings per *Revised share common by company.—V. $0.67 177, $ Net income •Earns. per Revenue Revenue 1 NOTE—The lines de owned 10,987,017 9,762,759 $0.67 $1.54 $1.35 23,817,310 76,716,432 66,331,834 the consolidated company's S, A. The Mexico, Combined ' 929,255,232 811,615,893 above consolidation 4,663,241 $0.62 28,578,556 passenger flown miles subsidiary, not are accounts included of in into Shares share of income include the consolidation.—V. 6 Months Ended June 30— Operating than Net income from Nonoperating Net Provision (other income to 12,138,140 before $764,550 U. S. for U. S. $1,319,226 Interest associated and sundry owned service $1,292,732 834 for Prov. Fed. for taxes & foreign taxes *485,000 Net income *If deductions provisions $526,574 — for would prior have been years' losses $615,000 in had $377,408 not 1951.—V. been 178, p. $807,732 available, 945. See American Tobacco Co. Co.—Proposed Merger— below.—V. 175, p. earnings Capital f" was income. on 2,567,340 290,114 Nov. on per 1017. American Colortype Co. Profit before Prov. Subs.)—Earnings— $6,697,408 $16,479,541 $15,398,509 446,146 538,830 457,014 taxes 558,725 taxes 280.000 233,000 280,000 $278,725 253,551 $213,146 $258,830 253,551 $219,014 253,551 $0.84 $1.02 $0.86 profit capital shares Earnings per share 178, Sept. p. $1.10 Years Ended June 30— •Gross Profit The Prov. Excess income 1953 Fed. for profits taxes income 1952 1951 $4,610,085 $2,188,521 1,493,259 taxes profit I—— 633,084 ments and, for Common dividends tCommon shares ^Earnings per "From costs ship and dividend $703,259 dividends $1,067,658 $308,458 1,995 1,995 1,995 437,736 328,302 328,302 paid paid outstanding common repair expenses. 109,434 109,434 109,434 $6.40 $9.74 $2.80 share—— and ship tExcludes requirements.—V. 172, construction treasury 1229. p. after shares. deducting tAfter certain preferred for 31, tax The the to in its so the filed such own far same 1952, respectively.—V. Oct. The -holders well as as as of 21 the in the for the at 382. p. now Oct. on of such share and issue of into additions 14, to are 334% record Tobacco other words of be shares of and improve¬ purposes; also company convertible at convertible as intends be may capital debentures share of one wooden the close of seven business Oct. of common company. American Tobacco of have is issued stock its and outstanding addition of 58,200 an (representing will an eliminate outstanding shares addi¬ American will cease \ 1953—3 Mos.—1952 1,870,000 1953—9 Mos.—1952 2,271,900 6,000,000 8,050,000 Crl,213,100 Cr4,265,000 $1,058,800 $6,000,000 $3,785,000 this (Canada)—Offer Postponed month stockholders to stock (par 20 178, that to due to subscribe market to conditions 700,000 shares funds) cents—Canadian has of been 1270. p. the basis has not of $2) nine shares fractional shares share for each underwritten. No one been new be to are and to was at the added to working capital to be used to pay improve the borrowing position with banks. incorporated manufacture, fences and the in New in Jersey sale and and sale installation erection Feb., 1892, and chain of of link, iron automatic heating equipment. CAPITALIZATION stock 178, GIVING to use received stock. were be announced 30, offered 1953 shares of stock. The in new was approved by shareowncrs in a special meeting on Oct. funds obtained will be used to construct additional facilities meet continuing demands for telephone service. to stock- the EFFECT TO $2)—^ PRESENT FINANCING Outstanding 329,536 shs. 400,000 shs. 1369. p. Appalachian Electric Power Co.—Bank Loans— rowings from borrowed prior the 1953, considered the banks seven Of 31, to the The Gulf and required & aggregate amount not to exceed had been borrowed as of an $14,000,000 additional an $1,000,000 Commission's funds company's construction Atlantic in borrowings, and exempt. have 178, p. expected was action, such been and are program.—V. to bo borrowings being be applied to to 1369. Indies West of Liquidation Approved—To Jerome A. Newman, President, the adoption by the stockholders plete liquidation and dissolution, on Steamship Lines—Plan Pay Dividend— Oct. 16 announced that, following Oct. 14, 1953, of a plan of com¬ the directors on Oct. 16 determined upon the initial liquidating distribution to be//nade by AGWI to the holders of its 150,000 shares of common stock,. .This initial liquidating made Nov. Fractional consist will common on upon 16, ratio financing 14, (par The company has received SEC authorization to issue from time to time prior to Aug. 31, 1954, unsecured promissory notes evidencing bor¬ Pacific will will present stock that merger and Mines, Ltd. on payable, distribution debentures, each preferred $18,894,000 $27,154,000 $62,456,000 $90,794,000 be corporate for general proceeds con¬ Tobacco. Co.—Earnings— earlier offering engaged in Aug. proceeds for advances to subsidiary purchase of stock offered for sub¬ additional debentures new subscription rate, is not underwritten. determinable, the of $100 of debentures to each to will proposed entity deferred.—V. $23,000,000. the extensions, be American the outstanding 178, by directors of the company. 12-year of use companies; for telephone plant; will pre¬ 8,537,979 reflected as registration statement with the SEC a purposes conversion Details on is —V. Exchange Commission— debentures by public of eight of American (representing taxes Lead corporation 74,251 shares on into 565. proceeds The Common provision tBased year. by amendment. The offering scription upon Net Dec. company intends to associated companies; and 324,626 125,000 and the subsidi¬ stock issued. 8,640,352 ^ adjustments for The 1,250,000 , Preferred of other common (par per be 14,277 covering $625,000,000 of convertible debentures, to be offered for subscription by stockholders at $100 for each $100 of debentures. The 2,442,658 790,000 tax 1953 company supplied inc. common The will 185 1953, Subs.)—Earnings— $4,248,718 income before (& $2.23 Dec. 31,'52 American Telephone & Telegraph Co.—Registers With terms American Ship Building Co. stock consoli¬ a company on Oct. 20 offered to its common stockholders of Oct. 20 the right to subscribe on or before 3:30 p.m. (EST) 16 for 32,953 additional shares of common stock 62,271 retroactive Ciga¬ stockholders on Authorized Securities and 253,551 477. $2.44 ' statement 30, 19,024,726 Sept. 30,'53 outstanding: B audited 238,000 21,043,438 A "After 1953—9 Mos.—1952 inc. No. —V. Series income for Net $7,322,610 307,037 share_ common to converted share stock: Common (& 1953—3 Mos.—1952 stock of the In preferred . taxes. reported held. 19,331.763 185,031 common American Anchor Post Products, Inc.—Stock Offered— The and to 1953 2, and 937. p. offering of rights record stock applicable stock—shares Preferred Series Period End. Sept. 30— Sales in $ 21.228.4R9 preferred on tEarnings American Cigarette & Cigar inc. temporarily *1952 tax Net stock of The corporate 177, p. additional 296,478,629 277,425,357 43,428,469 33,931,763 22,200,000 14,600,000 earnings Dividends shares $1,870,000 178, 837,599 income on of years certain of of present Tobacco common loss -V. accounts Net a Fed. $7.50 before American of shares). as before 1,055,463 . income Earnings change. each by stock stock respectively continue to Period End. Sept. 30— sales Net 1,357,526 ! T of be of Net 5,041.410 charges—.— Dec. on common reports share will held preferred i 287,301,694 271.733,740 1,940,400 1,778,700 dividends licenses and income (net) Other or1 50% 49% cos., Z)r26,494 $877,408 500,000 320,000 $36 common stock of which 6,454,110 shares are issued and 540,106 shares of preferred stock of which 526,issued and outstanding. When'' the proposed merger 527,831 exist.—V. Prov. 1953 - tax share, of Tobacco, and each share preferred and American Woolen (& Subs.)—Earnings— — from Total Federal income sales will public Cigarette of without stock effective of Loss $ Net Royalties, 166,833 $846,574 Fed. 11,315,117 $710,575 82,024 (ret) ___" tax 12,015,576 the : 44 Sept. 30— held stock and that each preferred stock of authorized capital stock are and Cigarette 43 System American Cyanamid Co. Divs. tax) operations income income income taxes Federal S. con¬ 81% there being 7,275 shares annual Cigarette American and share 6,512,310 shares shares) Statement of Member Banks of 9 Months Ended by of present one Anacon 1951 $12,902,690 $12,726,151 $12,634,343 & expenses U. 1952 at shares 178, Subs.)—Earnings— 1953 revenues Operating and held shares common outstanding, It (& and be per payment the number a The presently 10,000,000 shares 6f the American Cable & Radio Corp. for 44 Federal Reserve of preferred The American American American Tobacco Condition Statement of Federal Condition in subsidiary, American Air¬ Sky Chefs, Inc., a wholly- been 96% Cigarette; of have common as of /stock / 293. p. of 1 l/io of continue 31 Reserve Banks 2,481,879,835 2,174,392,021 statements wholly-owned stock verted Redemption Calls and Sinking Fund Notices.44 Dividends Declared and Payable 10 Foreign Exchange Rates. 44 128,291,737 shares public. stock common ferred 42 _31 The Course of Bank Clearings American agreement provides Cigarette of becomes $ sh. $136 at and will be merger about the including 997 138,054,496 of Tobacco merger shares Corporation & Investment News_Cover State and City Bond Offerings. 48 $ 46,534,095 4,328.867 .__ Markets of American 41 General flown com. miles 38 $1.14 155,698,284 144,711,267 1953, will * owns 759 and hands and 1953—9 Mos.—1952 ' $ 1954 debentures the on now stock the basis, The tion 51,197,336 10, 1953, aries. 31 National Quotation Industrial Stock Averages. 31 SEC Index of Stock Prices i_ 31 -Earnings— 1953—3 Mos.—1952 Operating revenue—.» 56,848,768 Expenses and taxes 52,519,901 dated Miscellaneous Features American Airlines, Inc. (& Subs.) Per. End. Sept. 30— Exchange vote to respectively. preferred stock in American 37 Stock 1953, Tobacco common of 36 Exchange the of 35 Stock Exchange—Curb Section— 2001. p. 9, 10, into an agreement (subject to approval of stocks American Cigarette & Cigar Co. into The American Special stockholders' meetings of American Tobacco and Cigarette of rette 200,000 j j. outstanding Dec. merge Co. Dec. 4, American $227,948 260,000 1 „ shares dated entered to American 35 Transactions New York Stock Exchange Transactions American Stock Exchange Dow-Jones Stock and Bond Averages 87,971 16 and __35 Toronto 143,475 13,485 Oct. 33 _ Exchange Stock Exchange Over-the-Counter ■_ of may be used to others. The sub¬ to Dec. on date. be beginning Feb. $100 Rights end 1465. p. Tobacco 32 Stock Canadian Stock *1952 _______ credit of 5. transferred will that to are stock common holders) 32 r. Stock Exchange Stock Exchange—. Montreal of $14,503,852 $12,592,977 361,310 283,452 — before after which surrender 173, Nov. or will M. Hahn, President of this corhpany and of American Cigarette Cigar Co., has announced that the directors of the two companies & on 32 Philadelphia-Baltimore Stock Exchange Pittsburgh Stock1 Exchange Industries, Inc. (& Subs.)—Earnings— Years Ended June 30— value no about sold or debentures debentures new American Tobacco Co.—Proposed Merger— 32 Toronto Alton, the the Paul 27 Stock Detroit Stock covering share), both Stock Cincinnati relations 12 Milnor, by bought for II Stock York American 1049. industrial Stock New Downtown Parking, Inc.—Files With SEC notification of in engaged into cash.—V. New York the on ' subscribe to stockholder be for debentures, payable rights Page 1365. p. each may period will have rights Stock and Bond Quotations e Davis for^he past - or and scription The Huntington, N. Y., has been appointed Director and Advertising, according to J. E. Ashman, President. Mr. , restated. shares Public Tax to subscribe In This Issue Associates, Inc.—Publicity & Advertising Director Louis Net mailed 292,000 2.380,125 excess profit tNumber 400 *1952 5,919,750 taxes—, and prospectus vertible Net Dividends of inc. 11,383,478 380,250 income Fed. A $63,230,580 10,891,272 $4,591,272 before for / ' be $62,703,508 ______ Profit Prov. Subs.)—Earnings / / / Addressograph-Multigraph Corp. Copy a of each $46 on in share cash of arixf**7/100 shares AGWI.v The of Western distribution will be 1953, to stockholders of record Oct. 30, 1953. interests in Pacific shares will be settled by cash payment. Western Pacific shares representing the aggregate fractional interests distributable will be sold by AGWI and the net proceeds apportioned pro Western rata.—V. 178, p. 1158. 2 The Commeniimvnd Financial Chronicle... Monday, October 26, 1953 (1566) t sales Federal for Provision taxes— income before Profit state and Net t profit •Earnings •After from per share common $345,505 608.959 $0.40 the tRepresents loss on account receivable applicable reduction of $345,000 in Federal less income taxes.—V. 178, Profit Prov. Federal for Net income taxes income shares Common •Earnings per •After 13,422,079 3,750,000 6,775,000 14,535,372 6,875,000 3,163,343 8,992,391 $0.32 6,647,079 8,889.400 $0.72 7,660,372 8,755,353 $0.84 taxes ' profit outstanding share. common requirements.—V. preferred dividend $ 6,913,343 . 178, See Philip either Ltd., Co. & Inc. below.—V. 178, 850. p. Big Horn-Powder River Corp.—Expansion— The said corporation in Weston in County, further enlarge and The Oct. stockholders, the to 19 the continue Wyo., bring to in flowed the at well The rate the on other area. barrels 240 12'/2 farmed lease out without oil the of A. has Edmiston, day. per will Horn receive operating been 5lh%. the of have been Big Horn and be drilled several wells to drilling another on without oil completed Union on Oil cost which from well of which California of and these requires jointly owned leases. financing in drilling program with J. D. Sprecher. extensive River Corp. on substantial a and Oil Union Co. to California Corp. receive the entire working interest in tracts 40-acre 18 their Joint interest owned 40% by Big Horn-Powder River 60% Union Oil Co. of California. Big Horn will retain overriding royalty on the 18 40-acre tracts apportioned to lieu in will of Union Oil Big Co. River Corp. has into entered operation.—V. 178, p. an the of of aggregate an offered market the at value market of the with $100,000 (estimated at SEC stock common S10.75 Sept. on share) per 28 covering $1) to be through selling Co., Inc., Cleveland, Ohio. The net proceeds stockholder.—V. 178, p. 1370. Bird to are (E. ' W.) Net Sept. 1, income through 1466. 1953 for Federal taxes . renegotiation Prov. for Fed. taxes inc. on of which in Oil the has Corp., the on of second in the wells four field miles 100 . Mr. 20,000 mites Maberry in acres southeast pointed the Atlee acquired has out, of area Central interest an about Alberta, of Home Oil on 40% a Oil Oil & & basis Home to Reserves Gas Oil, and 60% been paid benefit their - , in full. The Co., wholly-owned U. S. subsidiary, and its as¬ sociates have purchased 18 producing oil wells on 640 acres in five leases in Okfuskee County, Okla., Mr. Maberry declared. Yielding gas. an in excess of 600 barrels per day, the wells and the five purchased by Canadian Oil & Gas Company for $1,250,000. the West Haydenville pool. average leases were wells The tap Estimated of excess Sand. primary gross average pay Maberry Mr. reserves, 1,500,000 barrels. The Producing horizon of the zone 18 is pointed in the wells is nearly are in Dutcher out, Lower 12 feet.—V. 178, 1370. p. company, now Carborundum Co. (& Subs.)—Highlights— 9 Months Ended Sept. 30— Net 1953 Income before taxes, Excess $50,926,631 10,558,234 6,603,092 5,350,284 463,534 3,165,652 Cr140,000 $4,744,416 income 1952 $63,050,557 sates Total $3,577,440 taxes normal and surtax profit taxes Net income Earned equipment, approximating $900,recently acquired rigs and equip¬ per Earned surplus at Sept. Total share $3.06 30—1 $2.34 • 28,911,327 plants 62,468,881 31,414,071 equipment and 25,120,567 68,799,866 assets Properties, U. 1952 with In 3,270,000 in will owners Canada granted were restrict the 27,109,398 5,089,535 the or three United of time given per shares —V. periods shares at per in in and addition terminate. The Provision for options, to pursuant 1953 31, 1,668 and shares remain be, issued to 253,425 taxes 86,274 shares Earnings per 844,164 outstanding share common 844,164 $0.15 $0.10 . company.—V. by 127,656 $125,769 177, 522. p. dated agreement an income $87,570 •Adjusted above *1952 $9,639,735 173,844 taxes profit Common 1952„ the company/obligated itself to issue 5,000 shares of its p'afc|v 0f these shares 1,6.06 shares remain to be Oct. Federal Net with respect to rights 1953 $11,541,951 income 1953. the to 45,124,172 America—Earnings— sates Profit before $7.00 per share, and in certain to issue unexercised portions at company may commenced share, which $4.75 Net $4.75 per share have been exercised. The right to shares of the 50,000 shares optioned at $4.75 per share 15. 9,792,438 383. p. at Aug. worth 11,000,000 49.285,192 surplus 6,336,209 12,500,000 10,050.498 payable paid-in 9 Months Ended Sept. 30— Caterpillar Tractor Co.—Earnings— chpi'th/l stockHs fdliy Issued net 178, 3,767,856 7,006,174 notes and Catalin Corp. of share for 30,000 shares. that may be taken up option respect to the shares a Capital Total 5,268,571 liabilities Current States. securities assets Long-term transfer agreements executed in 1952 right to purchase in the aggre¬ stock of the company at prices of the the effect to option year to of able be now 4,168,018 _. Government S. the number respect obligation 20,000 April 30, the the with terminated i either during 1952 events 5,182,740 Share shares of the capital share for 50,000 shares and $7.00 per options Aug. , many AGREEMENTS—Undtr employees annually The •6,609,562 renegotiation— its 80,000 The 1952 . of States. shares OPTION ^Special Net before credit____ special $1,962,052 $1,912,740 credit $1,962,052 share per "Less claim for (821,527 Pet. Period End. Sept. 30— 31, refund 1953 able Manufacturing Corp., thereto.—V. V. 178, less Drilling $260,000 Federal income tax The Biockson Chemical Oct. Net this of shares The 1953—3 Mos.—1952 sales 1 Profit 1 $6,637,987 Net before profit -I Earnings per V. 178, p. taxes - 1953—9 Mos.—1952 1953—Month—1952 $ 745,201 ^ share— 294, ' $0.49 . and $0.45 Period End. Sept. 30Profit from operations, for Prov. plant Prov. % - /■ Net $1.51 $6,501 •' $1.34 'Net Subs.)—Earnings 1953—9 Mos.—1952 $292,001 $539,201 $451,250 240,109 on 84,386 — 82,197 265,694 Cr30.128 116,486 151,433 116,997 *$47,756 (est.) income per (& 1953—3 Mos.—1952 equipment taxes 7-Earhings . deprec. and for Co. Inc. $93,318 $122,074 $94,144 com. share loss.—V. 178, Nil $0.26 $0.34 defense contracts have been awarded to the Norge Aircraft Division plant it was announced on Oct. 21 by George P. F Smith President of the corporation's Norge Division new The contracts awarded by the jnajor airframe assemblies. The .- craft plant in Muskegon Heights, Fisher Body Division Corp., are for the work —v V• r7R XfOj p. done General manufacture at Norge's air- prime aircraft manufacturers including Buick-Oldsmobile-Pontiac Division '" be of Mich. "J,3^6?. ™*/ram.e., as«embljes for , will and Dougias AircrafL 1J70. of General Motors, Ameri- as well as Fisher and Republic. •) ■' Prov. Net before for income Federal J953 Shares Common shares •Earnings per 1952 • two share has new of issued been •Earns, common for stock old the old class A old class B each 178, Interest & 1,495,405 $21.19 income —V. $22.03 with Mfg. dealer's discount of $1.10 per share. a the and closed.—V. books Chicago, It 172, for banking 135,000 the to Bunte of of Theodore conditions Brothers W. Stock— Share— stock from Ferdinand A. The price is share, Bunte. less and certain $15 per Bunte not will join been be but names decided W. will Most Chase.—V. be of 160, A. what Yantis, used the p. in the exact order Bunte name President of to key of the Chase, preserve Brothers the Net expected 36L200 share. — ; •After paying preferred dividends and adjusting stock split on Sept. 2, 1952.—V. 178, p. 238. 43 734 684!266 344.000 86 000 $0.48 $1.72 for the four-for-one Oct. 1, 1953 filed an amendment to its articles of changing Its name to Second Street Liquidating Corp. on Pursuant to an agreement between this company and Textron, In¬ corporated, the latter has purchased all assets and assumed all liabili¬ Corp. in the will meet amount ber.—V. 178, and declare of $31.50. p. 383. a "first This action and final the by See be also V. of directors 178, p. Oct. record 27 on the is 26. rights to scheduled basis l-for-9 a Oct. on of stock common offered at rights The a will 1466. Sept. 30— income Federal 1953 1952 , taxes 1951 $370,272 income $445,552 T__, capital 192,000 $94,386 *$178,272 *$230,552 200,000 200.000 200,000 Nil taxes $0.89 $1.15 - shares shares per 178, 215,000 - 567. p. Chase Candy Co.—Proposed Merger— Bunte Liquidating dividend" liquidating is tentatively set for late Novem¬ Brothers above.—V. Chicago, Burlington The at The of plans company competitive semi-annual net to bidding 1987. p. issue an Nov. 4. of equipment They will certificates trust mature in 30 equal installments. proceeds expected are equipment.—V. new sell on 174, Quincy RR.—To Sell Equipments 178, p. to finance about 80% of the cost 1271. Cleveland-Cliffs Iron Co.—New Affiliate Formed— 620. ties of the Burkart company. It is contemplated that the directors of the Second Street 13. of shares to are loss See to (F.) Burkart Manufacturing Co.—Name Changed, Etc. company determined •Profit.—V. oper¬ that both goodwill of both is additional shares and stated personnel 100,000 before Number subject combined stockholders common Nov. for This The • These be on Earnings possible will be merged with Chase Candy Co. Both companies were established in 1876 and are among the leaders in the general line candy field. Combined sates amount to approximately $20,000,000 per annum. has to for 9 Months Ended adjustments. The group has offered to take all other outstanding shares at the same price. If the transaction is consummated, the Bunte Brothers business It $321,458 $456,260 $83,484 w Century Ribbon Mills, Inc. (& Subs.)—Earnings— Buy per group shares Estate certain Cr20,000 $178,411 29, to expire Profit consisting of F. S. Yantis & Co., Inc., and H. M. Byllesby & Co., Inc. of Chicago, Scherck, Richter Co. of St. Louis and Granbery, Marache & Co. of New York, have contracted to purchase 614^000 $636,159 Oct. price was over¬ 194. p. 111.—Bankers Merger Planned—Holders Offered $15 A 8,125 71,700 198,100 tax Central Illinois Light Co.—Rights to Subscribe— Prov. Brothers, 60,202 (est.) 383. p. 1953—9 Mos.—1952 $1,199,137 $760,418 211,574 180,434 25,903 20,826 505,400 297,700 Cr60,000 $203,511 10,000 tax profits income 178, Mailing Co.—Secondary Offering—A secondary offering of voting trust certificates represent¬ ing 19,797 shares of common stock (par $10) was made by Lee Higginson Corp. on Oct. 20 at $16.50 per share, subscribed 1271. (& Subs.)—Earnings— 1953—3 Mos.—1952 71,854 excess 1,276,402 $20.73 Sharpe 178, p. $458,365 operations expense Fed. 294. Brown $4.08 requirements.—V. dividend $31,695,720 $28,131,675 1,556,163 share per p. $0.48 share Depreciation Net Sept. 30,'52 June 30,'53 $32,267,685 outstanding assets from Fed. ____ $0.41 outstdg. com. preferred •' 16,711,044 3,818.553 $4.17 16,974,976 3,973,709 Period End. Sept. 30— Profit for each for per 1,923,526 3,818,553 Central Foundry Co. common 1799. p. shares Common 1.714J78 3,973,709 on privileges. exchange shares common new in Sept. 30,'53 Incorporation ] paid outstanding 207,300 $208,746 taxes Paid common par no new trading profit after taxes__ 361,059,881 41,565,434 342,123,573 36,262,367 subscribe \ 250 159 43 093 income _ dividends dividends stock of unlisted from assets companies. 415 Q46 state Profit Preferred Common market the Net $16,683,690 $18,602,840 7 taxes and 170, net brand Co.—Earnings Years Ended Aug. 31— Profit of ; Broad Street Investing Corp.-»Total Assets Up— ation Boston Woven Hose & Rubber basis one-half Bunte Motors Corp. and by Republic Aviation opening $0.26 Borg-Warner Corp.—Two New Defense Contracts— V the trading privileges the removed As of— Total 1270. p. at Sales •After 1953—9 Mos.—1952 Net Blumenthal & the share.—V. Exchange, unlisted to were common new on —V. (Sidney) E. corporation, in substitution for the old class A and class which share $6,173,369 $20,460,863 $17,686,965 1,876,280 6,362,609 5,491,858 675,280 2,272.609 2,016,858 2,050,201 George of Stock admitted 19 stock B applic¬ Co.—Earnings Increased— Sept. 30— surrender ,by Co. American stock Period End. the Columbia Power Corp., Ltd.—Stock Listed— British of 1466. p. consideration for a comparable right to purchase shares of TriLtd., a wholly-owned subsidiary of which he is Vice-President and General Manager.—V. 178, p. 478. $42,438 for prior year's taxes. Tlncludes profit of 91 cents per share realized from sale of Sheller Manufacturing Corporation stock. JProfit from the sale of stock of Sheller partial director, a Province +$3.24 shares) in in $2,658,377 $2.39 all Bentley, 745^637 income Earnings * 1954, income High the to group. Gas " Net hi drilled be to Drumheller West zone. company, Canadian rentals. renewal begun this corporation 1953 the United gate 8,571,614 & Sept. remaining at 2,900 shares » provision teases Rock the 64 signals along 17,851,793 $47,855,237 $37,641,405 and Crown stock River, B. C., in the Canadian 33,668,535 exercise Sept. 30— before of has by nearly from undivided an Blue 17,993,361 certain Bliss Co.—Earnings— income on has between Jackman and Crest-Canadian year for in provide automatic 35,583,919 Feb. 1967, p. sales Net , due First Boston Corp. See also V. 178, 9 Months Ended per Ottawa, to Calgary, on a farm-out from Home Oil for drilling an exploratory well. Having recently completed a seismic program in the Atlee area, Canadian Oil & Gas Reserves Ltd. has selected a site and is moving in to begin drilling. The reservation in the Atlee area was obtained 100 pound pressure from the Medicine company Deep payment upon the $4.75 notes acre pay 100 a exists per is Current of to go t 414% 10c market order Inventories Wm. & $4,000,000 the of a Railways. Cash In Son, Inc.—Places Nctes Privately—The cor¬ poration has just recently placed privately an issue of ; until electric National of The in share owners in the United States, the company is in the process of appointing the Registrar & Transfer Company, 15 Exchange Place, Jersey City, N. J. as its transfer agent (par Mericka & J. a rental a centralized traffic near automig^c Canadian operations. filed was at signalling Of Rochester, control system between Hawthorne connection with the relocation of for the ment, which were obtained at a most favorable price, will, it is be¬ lieved, be paid for entirely out of profits from contract drilling 1270, notification block with has now 000, Bingham-Herbrand Corp.—Filing With SEC— . held obligations reserves to gas Government. As Provincial the of original three rigs and related For ,r_A letter oil owned jointly reserves, gas by the General Railway Signal Co., Calgary, Alberta, Canada, it was announced on Oct. 19. by John Maberry, Vice-President and General Manager. Successfully drilled, the first well taps an estimated 32 feet of " natural the east the Crown in $459,370 placed Canadian Oil & Gas Reserves Ltd.—Continues Drilling Drilling Tri-Province Drilling Co. Ltd., Britalta's whollyowned drilling subsidiary, acquired three additional drilling rigs, together with related equipment, at a cost of approximately $190,000, which now provides the Drilling company with six rigs. The price operating agree¬ ment on nine of the 40-acre tracts retaining therein 11V2 % overriding royalty free and clear of development and operating expense and fur¬ ther retaining a 45% carried working interest. Therefore, Big Horn will not be required to provide any of the finance necessary to carry on this be drilling which In During of California. Horn-Powder of satisfaction will acreage sard acreage and W%% included be second miles of track pursuant to acquired a 100% interest. This acreage is a portion of the approximately 85,000 acres of Crown leases which underlie the southerly part of the Medicine Hat sand gas reserves jointly owned by Britalta and Deep Rock. Deep Rock has relinquished its interest in these Crown leases, thus giving Britalta the election to acquire full ownership of all or any of such have California of the to further agreement divide thirty 40-acre tracts whereby Big Horn will receive 'the entire working interest in} 12 40-acre tracts and Union Oil Co. of .agreed will used prior to Sept. 1, 1953, purchase of capital assets and • to been a bank outstanding $250,000 a funds Rys.—Orders Signal Equipment— placed* with March, succession reservation. extent recoverable nine-section of amount in which area South repay Rockies.—V. 177, p. 1466. is company has to treasury . amounting orders Y., one is for The currently con¬ further exploratory drilling on The used construction tracks at the Canadian capital. 50% interest, are conservatively estimated at a minimum of 540 billion cubic feet. It is expected that the Natural Gas Conservation Board will render a decision favorable to gas export before the end of this calender year. The company is currently drilling a well to test commerecial pro¬ duction of gas or oil in horizons below the Medicine Hat sand on a Big development the without Gross offsetting leases owned acreage Co. immediately requires program the to Horn-Powder Big completed Royalite the issjue from the comniercial result, Big Horn cost of development and oper¬ expense. by addition been wells Several Jointly This has N. two and Ohlson structures. the or reservation. with within delineated Hat drilling Orders the developed by Britalta and Deep Rock Oil Corp. in the Medicine Hat sand in the Many Island Lake area of southeastern Alberta, has ating expense. The the participating to The been Mr. to any Coulee the 1370. p. equipment and day. per within locations leases flowing at the rate of 1,440 barrels completed and receive of Winchell the included sidering oil more Horn-Sprecher, E. E. Wakeman No. 1 well, has been com¬ and flowed 1,033 barrels per day. Big Horn-Sprecher Ferguson Well No. 1 has been completed and The 178, be certain finance Canadian National August of this year Britalta, jointly with others, acres Big pleted will dated part: Activities wells bulletin its in —V. agreement an will restore to ¥ drilled a test well under a farmout agreement with Royalite Oil Co. Ltd. on a reservation located south of Bri.talta's Many Island Lake properties. Although the well found oil showings in the Ellis formation, they were non-com¬ mercial and the well was abandoned as a dry hole. As a result of this well Britalta earned an undivided 25% interest in approximately 41,000 In Hedges—Merger Proposed— Morris concluded proceeds to and interest lying Benson & Net loan, 17, 1953 the company the 39,640 acre Crown of reservation, 22, filed a registration statement with th« shares of' cumulative convertible preferred stock, into common stock after Jan. 1, 1954), $25 ment. ending Dec. 31, 1953 and Stanolind has been given an option for a period of 90 days from Sept. 17, 1953 to acquire an undivided 50 h in all formations, other than the Cardium formation, under¬ 850. p. , Oct. on (convertible value, to be offered for public sale through an underwriting group headed by Dean Witter & Co. The conversion rate, public offering price and underwriting terms are to be supplied by amend¬ assignment by the Syndicate to interest in the 38,968 acres or Saskatchewan, in which Britalta owns of H par which, after and Canadian Delhi Oil Ltd., joint reservation known as the WincheU with Stanolind Oil & Gas Co. which it is hoped will lead to the drilling of a second deep test well into the Madison formation, where encouraging showings were found in the first test well drilled by Canadian Delhi, The agreement also embraces the Ohlson structure, comprising 3,212 acres of Crown leases lying immediately to the north of the Winchell Coulee reserva¬ tion, In which Britalta holds an undivided three-quarters interest. With the consent of the Provincial Government the WincheU Coulee reservation has been extended for a further three months' period 312,728,859 219,939.742 210,947,060 - before Province company covering 80,000 series sold 100,000 50%. Sept. Coulee 1951 $ $ sales Net ' 1952 1953 31— the in leases other On owners 9 Months Ended Aug. of company the (& Subs.)—Earnings— Avco Manufacturing Corp. The SEC in cash and an its undivided 50% $120,582 for Crown 1270. p. 15, says in -ti f1 11 f 1 • of placed change preferred dividends. distributor a state and outstanding <' ;«* payment $1,367,284 609,005 $1.76 >- - shares California Water Service Co.—Registers With SEC— commissions, netted the company $450,000. The shares privately through Shields & Co. of New York City. In Aug., 1953 the company issued a further 30,685 shares of its common stock to Duck Lake Syndicate of Montreal, Canada, in ex¬ 283,952 were Common *?<«*_/•• ' - During the early part of July of this year the company shares of Its common stock at a price of $4.75 per share, 107,058 1,265,850 taxes— income loss ^Extraordinary part: ?'(,.*>• t f..$42,497,447 $32,578,510 2,917,086 452,563 f- —t-*—», company's interim report, dated Oct. —The 1952 1953 Years Ended June 30— Net - . Ltd.—Financing, Acquisitions, etc. Britalta Petroleums Earnings— (& Subs.)- Corp. Plywood Atlas & Co., with its and company Light SEC hafe wholly-owned joined to respect the 'the subsidiary, Cliffs Power in the filing of an application with the indirect acquisition by Cleveland-Cliffs, through Cliffs Power, of one half of the capital stock of Upper Generating Co.; and the commission has issued an order interested persons until Oct. 28, 1953, to request a hearing thereon. The application also seeks exemption from the Holding Com¬ Peninsula giving pany Act panies, in and According Upper behalf ef their to Peninsula the two subsidiaries, the applicant as application, Power Co. (a companies, as holding com¬ such. Cleveland-Cliffs, non-affiliated r Cliffs company), Power, have and entered Volume 178 Number 5267... The Commercial and, Financial Chronicle (1567) Into contract pursuant to organized under the laws of a kw. 22,000 m Cliffs of the at generating Power and which the Generating company has been Michigan for the purpose of constructing station Upper and par, will each said at Additional Marquette, near or Peninsula 185,000 shares of $10 generated in will Power each capital stock of Generating $ Sales be entitled take to one-half of Company, the energy 1983, institutional grade the near reqyire extensive processing which will be done of source the and ore than has been needed power •with ores the The which at 45,063,000 141,574,000 132,096,000 7,545,000 6,860,000 4,426,000 21,543,000 13,954,000 23,133,000 15,395,000 2,675,000 2,434,000 7,589,000 7,738,000 outstdg. 1,980,948 1,980,948 1,980,948 1,980,948 share $1.30 $1.19 $3.69 $3.77 proposal further before Net contemplates that Cliffs Power will sell and to Upper Peninsula Power all of its transmission and distri¬ properties and that, thereafter, all of the energy generated or purchased by Cliffs Power (including that purchased from Generating Company) will be delivered to Upper Peninsula Power either for its use for or transmission Cieveland-Cliffs.—V. 178, and to delivery at the mines operated by preferred & Aikman Corp. (& 13 Weeks Profit sales Excess Loss before Provision Federal Net income for taxes income tax —__ taxes carry-back loss 62,726 credit capital per •Profit, I $187,935 *$431,373 562,800 $0.77 shares share tlncludes Treasury shares.—V. 178, 851. p. Net in H. America new Mr. well is known and abroad, has just according to George B. Manager, this who been in named Howell, President Chairman and of the 185,396,000 before depletion Deprec. & Snyder of that new is company equipped with com¬ a latest the of the photographic precision equipment, and to apply effective "know-how" to color print and transparency making. The corporation specializes in the production of high quality color prints for national advertising reproductions, mural size color prints therefore, the in industrial effective The best exhibitions salesman 9, position and high presentation headquarters Tampa possible the of Fla.—V. 178, quality-quantity color prints for pieces. Net new company at are 610 South Armenia, 2,165,029 7,333,900 6,466,220 18,534,000 10,805,243 5,551,636 6,155,670 12,463,000 10,861,049 199,626 251,666 664,990 755,009 —V. 178, 38,330,900 5,352,010 5,904,004 11,798,010 Month's 3 Net 3,169,220.9 3,422,264.8 after •After per 1953 preferred dividend $577,900 2,478,084 2,158,084 $0.94 ^— share $0.25 • requirements.—V. 178, 1271. p. Plans New Gas Unit— About $60,000,000 of Bonds Would Be Offered to Public— This announced company separate Foblic corporation Service Commission to Company for the — share for each Rights expire Oct. on 19 that it and own operate the Application to division. authority necessary be will to proposes create a properties of its Illinois Commerce gas the made the in 11 shares held common Oct. on net proceeds will used be for and ft. sq, while the Illinois new Gas Willis gas ' would company be incorporated the as Northern Co. floor of occupies a 10,000 sq. space the leased ft. occupies leased while space, sq. ft. of rented the corner from Chairman, said separation of the Public Service gas and electric operations began many years ago and this further step is a forward looking move for both the company and the public. 'The new company," he said, "would be the second largest gas utility company in Illinois both in terms of gross revenues and in number of properties customers. is operations Interests "If the separation of the gas and electric development to improve the effectiveness of create to in the fe and customers trends recent Further, natural a and of employees. utility separation competitive more This situation is also in in the main keeping with the of the of the ef would be owned by Commonwealth Edison Co. Management and personnel of the new com¬ pany would be unchanged from that of the present Public Service «as operations. "Ultimately, effect One the plan gas it is expected that separation a new under the of stock consideration stock of the 178, p. is some company program ownership of Avenue, qualifying TO ment new gas to company to Will be of $1 and distribute over new gas company. to Edison's period a common of years stockholders." March Months sales Profit Net Ended Sept. 30— 1953 taxes — profit 667,000 Earnings per —V. p. 178, 1952 $17,772,000 $17,417,000 1,326,000 1,809,000 — before share 886,000 $0.66 : Cement $0.88 and Costs before 1953 3,407,900 of $240,000 and sion for —V. excess (net) Cr300 349,500 taxes profits tax 29,400 profit stock balance 30, (on $295,400 $5.67 STATEMENT and before inc. for Fed. inc. are at to be excess Laundries Corp.—Earnings— OF —V. 177, com. p. which Profit Fed. before an of the 1952 clude shs. at $50 filed 13 a $447,839 Sept. 12,'53 Sept. 6,'52 Sept. 12,'53 Sept. 6,'52 $526,413 $488,887 $1,369,920 $1,070,950 325,100 254,221 752,723 551,394 taxes profit Common $256,551 86,072 taxes $234,666 $617,197 $519,556 outstdg— 347,700 347,700 347,700 347.700 share— $0.58 $0.68 $1.77 $1.49 1899. $0.11 852. p. Sept. 30, holders of the of of as holders and Sept. recorded increase an 30, at of the 2,979 1952. common stock, and 22,845 holders of quarter of 1953 ended. These figures in¬ than one kind of stock.—V. 178, third more holders of 30,. 1953, p. 240. notification EUA (now off pay the SEC of the 3'A%) has now to extend Bank at and to outstanding $94,000 remainder of for authorization Boston prime in mature bank months for $9,000,000 effect six $9,094,000 such six of rate for the of issuance ^ promissory such notes months of on Oct. 19, from 2(4% notes; and a and, in effect, different interest rate. applied to the discharge of $7,000,000 of EUA's then existing indebtedness. The remaining $2,000,000 will subsequently be discharged as soon as market conditions for EUA shares are favorable, with the proceeds of the sale of such shares,—V. 178, p. 1370. to be Eaton & Howard Balanced Fund—Assets Higher— proceeds As of— Asset 6,748,606 assets value —V. share per of 178, Dec. 31/52 $95,860,517 $94,486,854 3,157,946 2,906,930 outstanding Number 1952 Sept. 30.'53 net $30.36 $32.50 20,176 shareholders 18,067 1370. p. 2,592,558 4,305,253 tl,128,005 $2,443,353 $1,464,553 515,184 514,864 $4.38 $2.77 taxes ___ shares per outstanding share common preferred carry-back divic^gnd tax requirements. 177, p. credit.—V. +After giving effect As of— Total Asset to new corporation products. C-T-S Manufacturing handmade President has been Products, over Co., the and formed Inc. value semi-handmade bags and owners of Treasurer, the and case company Allison C. $24.52 5,138 4,123 1370. p. paper "Converted to 9 Months Ended Sept. 30— and (& Subs.)—Earnings— 1953 Speci¬ $ Net sales Profit before Provision liners. 1952 * 156,347,263 for income Fed. taxes income 23,259,176 taxes 15,488,163 ____________ new 693,820 $22.51 shareholders Eaton Manufacturing Co. manufacture business formerly conducted by Malvern will specialize in the manufacture of and 178, 829,034 share per of Dec. 31/52 $18,660,074 $17,015,223 To Make Paper (meaning and and to assets outstanding Number 2006. Sept. 30/53 net Shares are: Clough, Stephen A. Feely, Vice-President and Net profit Number Secretary. Mr. Feely is a Vice-President of the Keystone Roofing & Manufacturing Co., of York, Pa., while Mr. Clough was formerly in the Philadelphia office of the Sorg Paper Co. of Middletown, Ohio. capital Earnings per —V. p. 178, $ 15,130.021 15,749,847 ____. . — 6,873,255 7,677,177 1,789,942 shares share 1951 $ 132,023,290 140,108.526 22,003,276 23,427,024 7,771,013 — 1,789,942 1,789.942 $4.34 $3.84 $4.29 .852. FINANCIAL CHRONICLE (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 7, N. Y. REctcr 2-9570 Herbert D. Seibert Editor ana Publisher;'-' Published twice a week [every Thursday (general news and advertising issue) with a statistical issue on Monday]. Other offices: 135 S. La Salle St., Chicago 3, 111. 1 Drapers' Gardens, London, E. C., England, c/o Edwards & Smith. Copyright 1952 by William B. Dana Company. Reentered as second class matter February 25, 1942, at the post office at New York, N. Y., under the Act of March 3, 1879. Subscriptions in United States, U. S. Possessions, Territories and Members of Pan-American Union, $48.00 per year; in Dominion of Canada, $51.00 per year. Other Countries, $55.00 per year. THE COMMERCIAL AND William Dana (TeleDhone NOTE: On Seibert. STate President. 2-0613); account of the fluctuations in the rate of exchange^ it indebtedness at the with stock The 1953 taxes 1953 19, received interest application, EUA intens to negotiate the private sale $7,000,000 of 25-year Collateral Trust Bonds or, failing such private to effect a public sale provided satisfactory bids are ob¬ tained. The proceeds of such sale, when available, wili be $4.06 common bear of 1473. of Utilities Assocaites—Bank Borrowings— According to the Subs.)—Earnings— profits (Inc.)—Number of stockholders number June of as as 145,216 the over half-year, company has First National to Shares (& 6S0 by placement, 1953.—V. 178, p. Sept. 30— fications"), has taken Mill 2,361,054 $0.36 178, Eaton & Howard Stock Fund—Assets Show Gain— Net allied 2,361,054 requirements.—V. owned 129,098 stock proposes 251,000 non-cumulative excess were The notes, 1953. each) letter of fir§t 6,727 Oct. $3.87 Co. and 359,000 $359,000 , share dividend was number This 1,647,839 1,200,000 share income Oct. 5, '52 975,000 — outstanding increase Eastern provi¬ per income taxes du Pont de Nemours & Co. the There 1952 share), without underwriting. for working capital.—V. 175, p. 1647. state 1952. $65,896,000 $52,128,000 1,910,000 718,000 income per common preferred preferred $69,127,000 $49,860,000 and *$0.36 16, EARNINGS 962,500 Steel *20,998,341 Sept. $935,000 company 1953, to sales This 36 Wks. Ended $201,313 shrs. per This profits taxes in and Oct. on split taxes Federal shares (E. I.) agree¬ 99,340 ($10 par used Officers Earns, Such amount limits the 110,456 shares outstanding June 30, corporation stock Stockholders Increased— —V. profit Common to profits excess covering 7,500 shares of 4% offered $2.95 shares) 99,916 —12 Wks. Ended— Net 1953, Cooperative Trading, Inc., Waukegan, 111.—Files— The SEC 3-for-i Oct. 3, '53 income for ♦After 384. p. Consolidated Prov. 3, 1,389,558 (5,020 common outstanding $7,636,020 share _ ♦Earnings dividends close 1054, and $3,000,000. C-T-S Products, Inc., Malvern, Pa. Products— Profit Oct. sheet. paid dividend per stock — 303,869 $9,459,088 22,007,010 $0.43 stock common reflect $7,939,889 303,869 profit Common approximate stock $427,058 on •Earnings $566,400 share per 178, from renegotiation dividends 10% •After Net exercisable the for profit Cash to common to before Net to Net on dividends common per Provision but exercise on $12,459,152 $11,396,052 $295,000) taxes 1952 $9,762,957 sales Profit 3,050,800 Crl9,800 —— income or 1952 $3,695,400 542,000 expenses income Earnings share, per (adjusted Net *120,497 shs. authorized 1953 (incl. income on Canadian applicable of over income taxes 1953 $110,503,775 $93,938,024 16,092,656 10,985,316 22,232,220 20,023,627 income 12,469,263 .12,083,738 40 Weeks Ended— Outstanding officers renegotiation income Subs.)—Earnings— u (Allen B.) Du Mont Laboratories, Inc.—Earnings— ft. 1953, Federal and Federal Net $4,525,900 deductions Federal $19 sq. FINANCING its of certain attached to CONSOLIDATED 9 Months Ended Corp.—Earnings Rise- Months Ended Sept. 30— Federal around are currently being paid at the annual rate quarterly dividend of 25c was paid Sept. 30, 1953, the company paid a 10% stock dividend. A 31, taxes and 358. p. the June on (& elected been 174, Styron Plant Placed in Production— Total sales—. Other PRESENT shares to grant are the to Co. has McCrea.—V. The company's new plant for the manufacture of Styron (Dow poly¬ styrene) plastic has started production at Torrance, Calif., it was announced on Oct. 20.—V. 178, p. 1370. company shall have reasonable time stock under securities laws or listing the same. note James G. !■(-'' amortization stock •Adjusted 568. Consolidated Nine of the thereunder Copperweld Net price of that and before Earnings 12,000 containing 10,000 Years Ended June 30— Net sales taxes See also (Western) Ltd.—New President—-. income Shares 6, 1953, the company was indebted to banks $2,500,000 under the terms of the V-Loan Agreement the share. per share has been oversubscribed. per Chemical Income Oct. terminate •Earnings Conde Nast Publications Inc.—EarningsNine in 11,000 issuance options such any of borrowed on $1.71 756. succeeding the late Preferred 33,000 located is 200,000 shs. — for the These the amount of ♦Based Net which Canada, EFFECT par) date provided NOTE—As may $2.03 $1.62 Sold—Greene & Co., City, on Oct. 21 announced that the recent they offered of 53,852 shares of common States Net will be worked out to the 147. —V. 1962, at the at 3, Profit stock United The Electronic Systems Division Belmont Avenue, Chicago, having subsidiary, Canadian Diapnlex Ltd., reserved stock granted price referred $1.26 ' during ■ Earnings DIVIDENDS—Dividends bonds properties. gas "A11 has Oct. industry. is carried mortgage ($12.50 common spllt-ups). in $1.97 of shares 3415 GIVING shares options for end Helicopters, Inc.—Stock Depreciation plant. at The company's quarters at Toronto, company and best out, a substantial block, perhaps $60,constituting a lien on the gas properties would be sold to public investors by Edison as the next step in financing Its $1,100,000,000 postwar construction progt-am. Upon transfer of the properties, the new gas company would assume the sole obligation on the bonds, which would represent about 50% of the net book value of 000,900. of $1.21 $1.52 at $3 ' floor of in Skokie, 111., having Testing Division occupies the Diversey on building CAPITALIZATION market Gale, 2,886,898 out¬ P, Gallagher, formerly Executive Vice-President, Dow Avenue, Chicago, 111. The sq. ft. of floor space adjacent thereto. company, except the Cook Research Labor¬ Division,, the Inland Testing Laboratories Division, and the Electronic Systems Division are located in this plant. The Laboratories Division is located in a new Authorized " 13,232,341 5,449,649 Net atories *The 15,497,044 1, 981,255 1159. p. air¬ equipment, and main Common 10, 055,758 3,798,866 3 Months Ended Aug. 31— sales 15, 1953. working capital. produces wire communication electronic components and systems. plant of the company contains 125,000 is located at 2700 Southport parts unissued 8,668,901 16,119,239 which : on future. Under the program, the Public Service division, which supplies both electricity and gas in a large suburban and northern Dlinois area out¬ side Chicago, would continue its electric operations as at present, 8,320,859 20,946,693 de¬ or aver, York 178, J. company rents 13,000 additional All of the divisions of the near 6, 008,457 12, 037,013 period President, Nov. 3, 1953. Blunt Ellis & Simmons and Swift, Henke & Co. will purchase any unsubscribed shares. ft. 6,452,519 Dome Exploration — building Co. 24,788,140 h . sq. Commonwealth Edison V. . space $2,483,797 - outstanding common 1952 29,267,552 $1.49 on stock at •; ■ jf. ■ Stock Offered—This company on Oct. 21 issued to holders of its common stock rights to subscribe to 10,041 additional common shares ($12.50 par value) at $28 per share. The subscription rate is one new The 18, 043,470 15,787,399 shares Doman $3.19 $1.86 ■ craft Corp.—Earnings— taxes shares •Earnings Iron & inc._ share— per 178, p. New 3,169,220.9 $3.45 $1.54 652,368 22,239,918 24,135,772 665. p. PROCEEDS—The Ended Sept. 30— profit Common Fuel —V. 10,106,040 3,422,264.8 outstdg. share 772,537 business on the issue com. 28,495,015 497,144 income outstanding 28,150,567 to stock shares per 17, ,546,326 period 6,484,275 10,677,000 common ~ $ 11,988,533 Based 2,742,902 applicable 121,796,188 — paid in Based BUSINESS—Company Colorado from divs. Earnings 14,786,919 dividends $ 126, 502,536 189,683,249 168,865,082 108, 956,210 161,188,234 144,729,310 403,050 income Cash -1.9.5.3—9 Mos.—1952 18,971,538 income 1953—12 Mos.—1952. . _ $ 21,836,868 corporate Retained depletion— and taxes clared taxes Income taxes 50. p. $0.89 178, p. 384. \ Cook Electric Co. states plete complement lor inc. Subs.) —Earnings— utility income Net 157,633,055 427,741,424 364,834,420 deprec., General Board company. and operations (& Subs.)—Earnings— 1953—3 Mos.—1952 sales Income (& 1953—9 Mos.- -1952 utility from standing Net $0.47 143,633,056 exps. Other 955,613 $0.76 Co., Inc. 292,839 $0.31 $1,304,279 821,416 stock deducting preferred dividend requirements.—V. Can 291,889 $0.15 Cr67,000 stock common common 298,673 share from Income 1,368,000 1951 * $136,448 Edison revs, Deductions on Period End. Sept. 30— -Snyder Elected photographic color circles Detroit 2,672,279 accrual) i , 1952 shares capital per 1 $89,612 Period End. Sept. 30— Utility 1,139,000 , period 1953 $44,435 operations $1,170,082 share per Common Snyder, taxes— prior income ♦Earnings applicable to Earnings Joseph of Subs.)—Earnings— taxes $ 2,242,082 income (adjust, after 756. p. Subs.)—Earnings— taxes Federal (& 178, p. 51. Gross Balance Color Corp. of America, Tampa, Fla.- income for profits Preferred President— Number Earnings —V. Sept. 26,'53 Sept. 27,'52 $49,310,091 $45,634,923 562,800 Nil - tNumber Earnings 586,393 240,000 . (& ; Continental Aug. 29, '53 Aug. 30, '52 $24,085,136 $21,402,315 365,209 *1,017,766 j 178, Ended— before Provision Subs.)—Earnings— 6 Months Ended— Net v requirements.—V. Baking Co. Net sales i *After Collins dividend Continental Earned 1271. p. com. profit Gross bution own shares per *After will transfer inc. profit ♦Earns. require vastly more electric the past; and that these facts together in Dejay Stores, Inc. 6 Months Ended July 31— Net ' 4,870,000 or requirements of the growing population of the region will the need for electric power in the upper peninsula of Michigan. increase $ 48,852,000 Profit Superior lower $ taxes : Common investors. Cleveland-Cliffs represents that the high grade*Iron ore in the Lake region is being exhausted; that it is its intention to develop lower grade ores than were formerly economically mineable; that »■' < 1953—9 Mos.—1952 $ Prov. for Fed. inc. taxes par station. financing of the Generating company will be accomplished the sale of $5,050,000 of 47/a% first mortgage bonds, due to (& Subs.)—Earnings^ f 1953—,3 Mos.—1952 92,500 acquire through J Container Corp. of America Period End. Sept. 30— Mich. 3 temlttance for foreign subscriptions and advertisements must be made In New York funds. Th'e Commercial and Financial Chronicle... 4 Monday, October 26. 1953 (1568) Bethesda, Inc.—Magnetic Recording Patents Oct. 21 announced an agreement (Thomas A.) Edison, developments. the Under the present agreement Thomas A. Edison Inc., ac^h_es t license to operate under all the patent rights, of the In'®™atlonal Electronics Co., together with the power to grant licenses, unde this right, to others.—V. 178, p. 1159. ber important of new rugged, 10,000 pound new Class A, Tpar $100) Corp.—Signs Contract agreement with the International corporation has signed a new Electrical, Radio and Machine This President, announced on Oct. 22 Abrams, Benjamin —V. beer, Mfg". Co. Ltd. (Canada) — Debentures issue of $4,000,000 5V4% sinking fund debentures is being offered by Dominion Securities Corp. Ltd. and Midland Securities Corp. Ltd. at par, it was an¬ nounced new to retire not of this issue will covenant to establish a sinking fund than $2,800,000 principal amount of the debentures The less company 15, 1973. prior to Oct. proceeds to be received by the company from debentures of this issue will be used for the reduction PROCEEDS—The entire sale the Profit Net .... Ended Months Operating income ■ ,, . in income issue an at $5 162,102 $1,166,999 555,000 $1,308,350 637,100 $611,999 $0.64 jv-— $671,250 $0.70 i common share—-—-— earnings •Earnings per . loss after 172, and 1953 1952 $891,419 25,338 Net Net sales Provision Federal for Shares of taxes Income . $815,078 587,525 Neb., — dividends. assets business of Whitmore's Creamery purchased.—V. 177, p. 2247. Family Finance Corp. Subs.)—Earnings— (& Gross operating Profit before Prov. taxes; taxes tax ■_ profit Preferred paid— dividends Common paid 1 shares •Earnings ♦After 1,800,652 $1.90 outstanding common share per dividends.—V. preferred $3,086,843 215,900 2,285,913 1,699,703 $1.69 $3,617,071 189,737 2,479,438 — dividends Common $2,920,671 124,170 2,116,150 1,568,891 $1.78 177, p. 2352. Corp., Peoria, III.—Stock Offered—Carl McGIone & Co., Inc., Chicago, 111., on Oct. 14 offered publicly 14,000 shares of common stock (par $10) at $12.62% per share. The offering was made only to residents of the States of PROCEEDS—The capital and net general proceeds corporate Illinois, Minnesota and Ohio. to be used for additional working are and five the for $12,793, six months ended DIVIDEND—Company paid Sept. ended Jan. July 31, 1953 31, dividend a it of 1953 819,000 magnesia ana $1,339,000 $1.02 — cents amounted to home Co., Columbus, O. The and Federal Sept. giving effect on abovementioned the to will outstanding Services 15, Finance Offered—An amount Corp., issue debentures 1963, fi¬ 61,520.—V. to general 178, Net 174, purposes.—V. corporate 995. p. D. C.— $300,000 '5V2% conv. Sept. 1, 1953, and due publicly on Oct. 6 at 100% offered was Washington, of dated by Mackall & Coe; Johnston, Lemon Co., and Goodwyn & Olds. & Each $100 following lifth prices: 101 "with each the the gale of sixth redeemed during the be may 102'/2% the fourth year; and 100% year, corporation, formerly Chicago Metal Hose Corp., is occupying square foot addition to its Memphis', Tcnn., plant, where it is brass bellows, John F. P. Farrar, President, has an¬ nounced. Bellows are widely used in temperature and pressure control producing and to 1958, into at the second 101% missioned officers armed in loans and thereafter discounted at 100%, paper in the usual production has been under the Research the company's Elgin, 111., plant. With perfecting of mass production techniques and completion of the new Memphis facilities, Mr. Farra said output would be six times greater. The plant addition was built for Flexonics by Union Realty Co. of Memphis at a cost of about $300,000. and is being rented on a longterm lease. Cost of equipment going into the addition exceeds $500,000, Farrar Other - was and a 1924 subsidiaries its the Army, December, small also Navy still is to and the office granted the purpose Marine conducted 1951, loan at engaged are corporation The primarily for business In initiated license of Division Building at 839 offices 17th locations of Corp. Maryland, of its wide a the acquisition York "City New will 178, General of the of through henceforth be American. manufacturers country's; largest variety and the P-K other include, wing screws, nuts, masonry specialty fasteners. of Parker-Kalon would of types present made of metals, besides self- articles of fasteners thumb screws, management con¬ - - . income for Federal and is Florida Power Months Ended — Operating expenses and taxes 329,330 295,754 $2.63 285,754 $2.91 $2.45 ;. * 'f ' ' ' . Capital Corp.—Asset Value Lower— Sept. 30,'53 Dec. 31,'52 value asset —V. 178, share per $57.21 ; $60.29 296. p. General 1953 1952 $67,241,156 $59,696,369 55,346,278 49,189,418 - —— ——' revenues- (net) income $11,894,878 $10,506,951 128,444 196,456 — ; ; $12,023,322 $10,703,407 —• (net) 3,886,497 •3,573.708 $8,136,825 deductions Electric Co. Subs.)—Earnings Higher— (& 9 Mos. End. Sept. 3 Mos. End. Sept. 30/53 Sales of products and services to 780,600,000 2,341,048.000 from operations other and Fed. 91,943,000 347,173,000 252,975,000 11,109,000 26.474,000 14,958,000 103,052,000 income and Int. from operations 373,647.000 267,933,000 charges 83,000 261,000 renegotiations 47,000,000 183,000 137,000,000 36,000,000 sources.—_____ other inc. «. 1,813,490,000 1,560,515,000 income Non-operating Total $ $ other charges 688,657,000 1,993,875,000 exps. & 30—• 1952 1953 S customers Oper. costs, financial taxes & taxes 15,000,000 194,000,000 63,000,000 Net earnings Earnings per common share 40,969,000 116,386.000 94,750,000 $1.42 $4.03 $3.28 profits excess New Super-Sonic Development— This operating Other income Gross $831,832 of— Net 234,000 - $776,561 Light Co.—Earnings— & Sept. 30— revenues Income 841,000. -820,000 . 1,065,832 1472. p. General N. J., at Elizabeth, Jocated Operating Net taxes shares—_________ share per 176, 1,617,561 $808,309 capital Earnings Income 111., where general offices are also Savanna, 111. An eastern assembly at Maywood, Rock Falls and are at and a subsidiary, Flexonics Corp. of Canada, Ltd., has a plant at Brampton,"Ont. Field offices are in Boston, New York, Philadelphia, Atlanta, Cleveland. Cincinnati, Detroit, St. Louis, Fort Worth, San Francisco and Los Angeles. warehouse income 1951 $16,297,955 $12,384,413 1,628,309- profit As 1952 1953 taxes at company Oct. on the development of a announced 15 flight new control system designed to meet the high performance super-sonic characteristics of aircraft scheduled for production beginning in 1955. C. Heckman, Ordnance $7,129,699 — — income Dividends applicable Balance stock 824,375 675,000 $7,312,450 to preferred shares Earnings per —V. the FC5, The $6,454,699 2,450,000 $2.98 — — 177, p. end of outstanding share common 2,450.000 period — — a General Systems is Manager Division, lighter and 25% is fundamental the company's Aeronautic and the new system, called of revealed 35% FC5 single that previous flight control smaller than axis Co.—Stock Offering Terms common stockholders has been changed to 42,858 shares of addi¬ stock (from 60,000 shares) and that stock¬ holders of record Oct. 9 have the right to subscribe on or common before Oct. 30 for the for each stock new shares held the basis of on one share on a one-for-five ($5 per share). WoodCo., Minneapolis, Minn., and Harold E. Wood & Co., St. Paul, Minn., have underwritten the issue. basis). seven (instead of The offering price is at ard-Elwood stabilization Corps. with corporation, Dundalk, Federal Services primarily The personnel through Md., incor¬ was serving of and Discount com¬ major of a the sub¬ small a St., of N. subsidiaries the Motors par & H. production GM's W., are Bethesda, are Washington, as Md.; follows: Federal D. located C. Federal Services The in Corp. the names Services at Hill and Finance Discount system 178, designed to function as a fully automatic relief concept well as as 1371. p. Output of Transmis¬ Corp.—Resumes Curtice, of President, Hydra-Matic Detroit Oct. on Division announced 21 transmissions, Transmission first plant since of destroyed last resumption fire Livonia at Mich., Aug. 12. The first division's testing units plant rolled in procedures off assembly new a Detroit, and Mich., were Oct. on delivered on line in the transmission All passed exhaustive 19. 21. Oct. "Initial production of Hydra-Matics at the Detroit plant is scheduled\ approximately 1,200 per day in November," Mr. Curtice said. "Hydra-Matic transmissions will be produced for "defense and com¬ to reach mercial the The purposes. trueks. Commercial facturers CAPITALIZATION AFTER GIVING EFFECT TO and to first units transmission.—V. p. to go Motor's 178, will units will General be available made car truck and for automobile competitive own Army manu¬ divisions using 1273. PRESENT FINANCING General Authorized Common stock (par $5)— Portland description of business of company, etc., see 342,858 shs. 178, p. 1371. V. Period End. Sept. 30— Frov. over the sales sales the same 100,000. the first period proportion same of for the company's activity, As we last to $17,240,000. nine year. sales. This move months into the of O'Conor, J. 1953 show indications All Last year D. a point President, 16V2% to final Corp,, 3,014,000 8,883,300 9,026,200 taxes 1,534,000 •1,475,000 4.370.000 *4 418,000 taxes___ 201,000 *258.000 736.000 *772,000 $1,388,900 $1,281,000 $3,777,300 $3,836,200 1,039,971 1,039,971 1,039,971 1.039,971 $1.33 $1.23 $3.63 inc. profits increase earnings in at this time, Formica had first thr.ee-quarters show $20,quarter, we confidently expect Net profit Common shares outstdg. Earnings per •Adjusted provided com. to for share reflect the Rubenstein, suddenly New York Corp.—Obituary- President and of a heart attack early City—V. 178, p. 1159. founder on Oct, of 20, at corporation, the age of died 66, in proportionate part 177, p. 1800. of such $3.69 taxes actually 1952.—V. General Public Service Corp.—Asset Value— sold .. asset *After this the year A« of— Frank $22,284,800 3,123,900 said: sales to continue at this increased rate. Our sales and advertising program is geared to accomplish the desired result, to produce the greatest sales record in Formica's 40-year history."—V. 171, p. 1260. Franklin Stores 1953—9 Mos.—1952 $7,572,700 $23,269,800 taxes inc. for Fed. Excess year our before Co.—Earnings— 1953—3 Mos.—1953 $7,896,000 Profit Formica Co.—Sales and Earnings Higher— on Cement Outstanding 500,000 shs. : Net corporation system sions— Changed—It is announced that the offering to tional a maneuvering system.—V. General $2.63 1901. Bethesda, Md., In October, 1952, Pr*nc'Pal states.—V. 13 business Division the of $18,533,220 Number reported. plants located, Reporting , financing automobiles. retail services. sidiary, loan the offices in 10 eastern activities. With Corp.^Acquisition 23 Corp. The of one materials. 1273. before Net bellows brass now, proceeds to be received by the corporation from porated in Delaware in portion of In four The the thereafter; with accrued for the sinking fund inclusive; business. of located are Bow, valve seals. as Development For net investment business Oct, on stock. is Sales BUSINESS—Corporation the nails p. Provision Facilities— 30,000 "Net In the loan in Transportation announced and * also redeemable are 1955 converted th^se debentures will be used to increase working capital for of its course Sept. 1, 1954; third year; 101 Va% be may interest. PROCEEDS—The available and to from 1 debentures stock common They case. Sept. accrued A the 100Mj% in on of amount 103% during year; interest class of 102% year; at principal shares of Emporia and Great Bend. offices 68 sales Profit —V. Corp., May wood, 111.—Expands Flexonics 178, and accrued interest nine be 9 Months Ended Sept. 30— capital, Fleming Co., Inc., Topeka, Kan.—Files With SEC— corporation on Oct. 14 filed a letter of notification with the covering 6,666 shares of common stock (par $25), which are to be offered at the book value of the shares on Oct.,3 (between $38 and $45 each), without underwriting. The proceeds are to be used 12 Corp. Broken and instalment and will Parker-Kalon socket said The Mr. 100% General Bronze Corp.—Earnings— SEC a Finance City presently operates 58 Parker-Kalon other Laud Harlow subordinated of Corp. screws, screw —V. on Oct. 19 filed a letter of notification with the SEC shares of common stock (no par) to be offered at share, without underwriting. The proceeds are to be used 1,000 per now that stated tinue in control of its operations and sales. The company's plant, which employs 800 persons, is located at 200 Varick St., New York City. Commission— Flour City Ornamental Iron Debentures Com¬ J. company working for Wills Universal finance there capital the as tapping Files — of appliances plastic and share per 1272. p. 30, 1953, , of screw fastening devices. It was founded in 1912 by the late Heyman Rosenberg, who was the inventor of the self-tapping screw, now universally used in the fabrication and assembly of automobiles, motor trucks, busses, railway cars, aircraft, ships, radio, television, on Oct. 13 stated that the new for the manufacture of ammonium will start operating in Nov., 1953. Realty & of American assets purchase nails, Mortgage Mr. Central Corp. sales President, and Parker-Kalon 296. p. Acceptance Laud, operated 1,115,000 $1.12 Bantrell, President, at Vernon, Calif., Common shares common 1371. Exact terms were not disclosed. offices acquisition, business 775,000 1,380,000 $1,454,000 income share——— per Sam $21,099. was seven " 15. CAPITALIZATION—After nancing «$o.95 Sept. on p. systems. the the year and for paid 178, 1371, p. 8,526,000 9,311,000 on Missouri. in income dividend 30.—V. purchase," Fremont, conducting new the amortization---. taxes Nebraska Lincoln, General states shown items i alumina covering Net Net stock June of the more than 30-year-old Nebraska finance company acquired from private ownership by the exchange of General live W. is engaged in financing farm equipment pur¬ through selected dealers in 75 counties in Illinois, 16 in Iowa 10% branches are in Wichita, Hutchinson, Iowa office is in Mason City. The purposes. BUSINESS—Company chases 629 244 stock Federal Farm Equipment Acceptance $661,346 691,888 outstanding. ends year General , Federal A. Until $22,350,772 $19,102,479 $14,827,248 8,087,071 6,981,553 5,661,169 4,241,000 3,641,402 2,551,193 229,000 253,308 189,305 — state income & profits Net income income Fed. for Excess The 1952 1953 of (exclusive plant 173, and 1951 1952 1953 1,540,758 $768,261 ______ Kansas $12,964,000 $11,755,000 — depreciation, and income units Years Ended June 30— shares constructive very been Omaha, This and recently were 1,198,423 taxes 2,202,104 share Acceptance common stock. Increased— 30— income_; sulfate, $0.82 ; preferred for ACQUISITION—The Mitchell, share common per provision $552,720 587,672 $1.27 outstanding— stock common income •After at taxes income Federal income •Net t 1159. p. ' 1953 1952 $55,686,536 $00,040,571 1,663,678 1,116,020 848,600 563,300 - before income Net 178, (& Subs.)—Earnings— Months Ended Aug. 31— 6 Sept. „——- for chemical $100 2379. p. Ended expenses Provision for Net payment 1953.—V. to With Securities and Exchange $965,001 27,036 —— income ; per 1952 1,966.684 $i.n Federal capital common has • sales-- First July 31— taxes Fairmont Foods Co. Net effect September, "a as Offering-^-Hannaford & Francisco, Calif., on Oct. 7 publicly offered 35,000 shares of class A participating stock Months Depletion, Exchange Buffet Corp.—Earnings— 3 Months Ended 1953 $23,960,966 $18,772,421 taxes income fiscal Mr. Sales $3 00 • Corp.—Earnings— for ki $l.bl of two stock dividends of 2% Filtrol Corp.—Earnings —V. preferred dividends.—V. 178, p. 296. •After —V. 5f«i $1.73 share. per Myron Net and of below) 96,821 : - $1,965,630 656,049 " $2 81 General Acceptance Corp.—Continues Expansion— R. Wills, President, on Oct.,. 21 announced the acquisition of the Finance Corp. of Omaha, Neb. Referring to the transaction $947,435 $1,017,913 589,92^ —— give to June Talbot, San 1953 $1,146,248 ^ j F. Fidelity Finance Corp.—Stock Costs 1353 Taxes Net 1,060,057 , - •Adjusted Net $1,070,173 31—- Aug. —— investments— from y' . Off Slightly— Eversharp, Inc.—Earnings Total 1,374,609 —-— taxes—,—— $1,845,490 657,474 1 C -r shares— capital Nine 'V Income income profit Number Earnings per share steamfitters' supplies. Six 195„3.,nrt taxes—. Federal for 65,462 Universal plumbers' primarily engaged in wholesaling is BUSINESS—Company and income before Provision $2,031,092 * •Adjusted for the $28,074,380 $28,997,175 2,39?'~?? 4 1952 $1,908,979 Profit pany's loans. bank of the of (& Subs.)—Earnings— saies Net each Oct. 19. on Net Number Nine Months Ended Sept. 30— Air« 1953 share common before Provision $187,000 dated June 1, 1953, due Sept. 1, lyoj. 1272. Ferro Corp. Brass Empire Offered—A 178, p. 2,610 shs. 4,177 shs. World 385. •' < Sept. 30— ______ Profit debentures, 5Yn% Trans and 63,489 385. Garrett 5,823 shs. 5,823 shs. 1962; $300,000 dated Sept. 1, 1, p. 178, Earnings promoted to Director of Public Relations, it was announced Oct. 20 by S. W. Gross, Vice-President in charge of Saies. Mr. Ames joined the company early in 1953 as Manager of Public Relations.—V. 178, p. 1474. Ames' has Michael convertible •Subordinated of 296 p. Three Months Ended Sept. 30— Net sales cVie QO_ - . „„„ convertible "cumulative slock tpar $100)_— preferred per 93,848 shs. ■ 5% B, 1952, due June Appointed- Director Relations Public 480, Local CIO, ' Workers, of Union ParHnof 10,170 shs. — - - 178, JederaI' taxes Earnings 300,000 shs. - Bodrd the V. qhari!"06/?r 2°mmon Stock (without cumulative preferred stk. 5% of director. a dividends —V. v. 300,000 shs, value) par Chairman elected Gardner-Denver Co.—Earnings— *$487,000 $2,000,000 — stock common voting common stock B, Series Phonograph & debentures non-voting (without par value) A, Pierson, Nine Months Ended Outstanding Authorized Subordinated Lee has been Prefeired • Series Radio Emerson Warren lines, PRESENT FINANCING TO EFFECT GIVING CAPITALIZATION ' Capacity, electric-powered, hydraulicallyoperated fork truck has just been introduced by this company. The new model is electric-powered, has front wheel drive, rear wheel steer, is designed for tiering with telescoping lift, and tilting. V. 178, p. 1272. A Services Inc., Canipe Co., Havelock, N. C. Class Co—New Truck— Elwell-Parker Electric Fruehauf Trailer Co.—New Director Elected— Services Alexandria, Va.; Federal Services Finance Corp. of Georgia, Columbus, Ga.; Federal Services Finance Corp. of California, Long Beach, Calif.; Federal Services Finance (Hawaii) Ltd., Honolulu, T. H.; Federal Services Finance Corp, of Texas, San Antonio, Texas; Federal Services Finance Corp. of San Diego, San Diego, Calif., and the International Electronics Co. of Philadelphia. In various fields of magnetic recording the latter company holds substantial patent rights and is responsible for a num¬ made Dundalk Finance Corp., Dundalk, Md.; Federal Industrial Loan Corp., Alexandria, Va.; Federal Md.; & Finance Underwriters, Riter III, President, on between this company and G. Henry value under The per Sept. 30/53 . common share adjusting for the shares of total rights net $15,482.927.—V. in January, assets 178, p. at 296. June 30/53 $3.96 common Dec. 31/52 *$4.33 $3.94 stock of the corporation 1953. market value on Sept. 8 30, 1953 were , Number 5267 Volume 178 ... expenses taxes— iiicome Federal taxes operating Other — 3,021,666 249,500 271,333 3,416,852 562,000 373,799 This Association t « < charges—" Wet after —V. 178, P. 574,975 Rubble Co.—To Expand Chemical Div. below.—:V.T[76, 1768. p. Period End. Sept. 30— for inc. taxes. Fed. income 1953—-3 Mos.—1952 $2,305,031 706,517 . of common stock, subject to assistance* rendered to any one person 50c - share per for $10) (par 669,391 1,734,300 334,075 593,400 units in shares outstdg. 1,296,809 Earnings per com. share $0.31 $1,384,882 $747,296 1,296.809 1,198,808 $1.07 $372,442 1,198,808 $6.62 $0.31 —V. $408,657 profit 178, p. of class one A two and class shares B The 30— operations proceeds corporation the of machines and is the to the manufacture general and sale of facilities Net of amount in realized not Earned per 986,328 ... The 1,074,952 the at March on trading session on said Exchange on Oct. 19, originally suspended trading in these securities 1953.—V. 178, p. 1474. the opening of 13, Ltd. Grand Bahama Co., The June withdrawn (Nassau) $1 177, share.—V. per on special of owners its statement stock contract the by company the Greyhound Parks of of per stock, or in November, 1952, as an purpose, among others, of racing plants for dog racing with pari-mutual betting privileges in the State of Arizona, and to engage in any activity necessary in the operation of dog racing with pari-mutual betting. Proceeds of the financing, including previous financing, will total sold. Proceeds are to be applied to constructing the,, racing plant at Tucson owned by Western Greyhound Kennel Club, a partnership, and the property on which the plant was constructed owned by Western Greyhound Park, a partnership, whose assets and liabilities were assumed by the registrant, and the establishment of a new modern racing plant, and for related purposes. The three principal stockholders of the registrant are David K. Funk, Arthur L. Funk And Kenneth A. Hagin.—V. 176, p. 2163. if $742,149 the all the securities are rehabilitating and of cost has filed special stated. only meeting three by-laws, the upon which provide of request that a majority a of result of Board L. is General and Canady, Counsel the of Harry company), K. Gulf Oil Corp.—New mailed Dressel, Vice-President stockholders to Oct. the eight General Manager; Charles of Engineering; John R. President And and Director on 21, Vice-President Byrne, the Neil time P. the Board, an¬ nounced that he had filed suit in New York Supreme Court, Suffolk County, for $1,500,000, stating three causes of action for defamation and libel, each for $500,000. The first cause of action is against Joseph L. Auer, ex-president of R. Hoe & Co., Inc., John Kadel, and Albert C. Simmonds, Jr., three directors of the Company; and a second same third and Richard V. F. cause of Hartranft, Russell mittee."—V. A new protection to auto¬ the market by this cor¬ methanol-type antifreeze, offering low cost cooling motive Stanton, 178, Cullom, action Jr., who T. are Chairman against these of three and G. Jar vis Rein, Percy Rathbone, Howard E. members of the "protective com¬ 1160. p. systems, has been placed on poration. Named "Gulf. ColdFlo," it is available handling the company's brands.—V. 178, pp. tions Gulf States through service sta¬ 1057 and 1273. company Oct. on $9,919,900. The proceeds of the financing will be used to pay off $2,800,000 of short-term notes and to finance in part the company's current construction program. This program is estimated to require $66,000,000 of expenditures during the period 1953-55, of which $27,500,000 will be expended in 1953; and this is expected to require $25,500,000 of additional financing (including the present bond financing).—V. 178, estimated are to (M. A.) Hanna Co. 1953—3 Mos.—1952 $3,482,032 3,091,392 $1.09 $1.10 period End. Sept. 30— profit Net •Earns, after shares Common $31464,575 taxes__ outstg. per common •After, preferred (& Subs.)—Earnings- 3,091,392 sh. 1953—9 Mos.—1952 $9,100,464 $8,745,234 3,091,392 3,091,392 $2.86 $2.74 has called for redemption on Dec. 1, next, 130 shares outstanding $4.25 cumulative preferred stock at $102 per share and accrued dividends of $1.06 Vi per share. Payment will be made at the National City Bank of Cleveland, Cleveland 1, Ohio.—V. 178, 1273. I ■ Hartford Electric Light ' •■ - -. . connection with been share. has funds will other or $998.17 announced credit that it has its $1,000,000 Los Angeles under Regulation V line with received one- a The Security-First provisions.—V. 177, 30, 1953, total net assets share for 4,771 shares of $lo Sept. per were par $4,762,272, stock equal to outstanding. The offering price per share was $1,003.16, while the redemption price was $993,17. Assets at June 30, 1953 amounted to $3,857,112 repre¬ senting 3,866 shares held by 60 savings banks. An initial dividend of $15 per share was payable Oct. 15, 1953 to the 61 stockholders of record Oct. 8, 1953. Initial offering of the shares was made from May 1 to May 15, 1953, inclusive at $1,000 per share. The net asset value reached a high provided Insurance 1953 and Securities, on investment Oct. securities: vestment 176f 19, 7,346 units participating 16,795 —V. Nov. 2, stock. authorized of in 1954 1955, or through the sale of first mort¬ 1902. p. < before Income Net inc. taxes 1953—9 Mos.—1952 - $ •• $ $ 62,888,586 188,832,450 179,228,524 . 8,983,586 C 30,552,217 13,590,000 • 12,429,604 6,205,416 15,850,435 18,122,813 2.377,375 r— share per 29,440,435 "4,469,604 4,493,586 ' earnings 10,675,020 4,490,000 taxes Earnings Subs.)—Earnings— $ 65,384,045 ~Z~: « Profit (& 1953—3 Mos.—1952 , O 2,374,599 7,128,9^5 7,122.906 $1.42 $1.95 $5.00 . <tiafw?nn carry-back of credit for $180,000; nine excess profits taxes $640,000).—V. 178, p. 297. months, $5.72 (third quarter, Johnston Mutual Fund Inc.—Asset Value— As of— Sept- go >53 net *178 —V June 30 ,53 gept 30/52 $2,224,320 $2,189,031 $1,733,554 $29.61 $29.70 $30.81 assets 297PCr Shar®,_- p 3 Months Ended Net Corp.—Earnings Lower— Sept. 30— } 1953 1952 1951 $37,658,303 $30,708,672 $29,439,364 10,020 12,681 60,066 sales Other income incon}e t> Profit before taxes Federal Net $37,668,323 $30,721,353 $29,499,430 income on 5,456,378 2,835,000 3,626,492 1,960,000 5,915,677 $2,621,378 taxes $1,666,492 $2,515,677 stock $1.64 $1.04 :$1.57 stock $0.64 $0.34 "$0.60 income on „— profit Earnings per 1,600,000 share shs. 3,400,000 on of $1.46 3,200,000 shares of pfd. common EARNINGS FOR FISCAL YEARS ENDED JUNE 30 Years Ended June 30— 1953 1952 $ Sales Net after taxes profit Common shares •Earnings •After per NOTE—This fact 9,121,284 outstanding— dividend reduction that depreciation, were $4,693,866 up interest was ■$ 3,200,000 $2.52 $2.12 3,200,000 $1.86 requirements. in net income depletion, is primarily the result of the amortization charges previous fiscal year, and accelerated and with compared as . 118,175,014 100,471,475 10,399,306 7,510,560 3,200,000 share- common preferred 1951 $ 134,500,041 the $1,853,940. up and 321,300, equivalent to $2.80 share of per common stock.—V. 176, p. 1674. Kansas Gas & Electric Co.—Bonds Sold—Mention made in issue our of Oct. 19 of the a Inc., low of $952.97 on June 16, Oakland, Further details follow:j GIVING EFFECT TO mortgage series due 1970 3 V» % series due 1978 2%% series due 1979 3%% series due 198^ series 1983 4V2% ; 3,000,000 Calif.—Registers of $1,200 each. Accumulative Plan Series E (10-year agreements to create such indeterminate amount of in¬ units p. as may be necessary to service the agreements). _ in cum. ($100 par value) par Iowa Electric Light & Power Co.—Stock Sold— . public offering on Oct, 7 of 230,000 shares of common 's£ock $18.87Vi Per share by The First Boston Corp. and G. H. Walkfer & Co. and associates was quickly oversubscribed. See details in V.178, The 10,000,000 82,011 shs. value) 4.28% preferred 82,011 shs. 200,000 shs. preferred stock— stock stock (no par 45#00 shs. t50j)00 shs. value) 1,500,000 shs. 975,000 shs. •Unlimited as to authorization, but issuance limited by property, earnings and other provisions of the mortgage and deed of trust, as supplemented. tThe company has commitments from 12 institutional investors for the purchase for investment of an aggregate of 50,000 shares of new 4.60% preferred stock, which transaction is subject to approval of the Federal Power Commission and the Kansas State Cor¬ poration Commission. If so approved, the new preferred stock is to share plus accumulated dividends from Oct. 1, delivery, which the company expects will be in November, 1953. The company has agreed to pay Union Securities Corp. $25,000 for services in connection with the sale of the new preferred sold be 1953 2436. 12,000,000 : cum. ($100 series stock, issuable Outstanding $16,000,000 5,000,000 „_ pfd. stock, Preferred FINANCING bonds— 3%% Common filed a registration statement with the 1953, seeking registration of the following Trust fund units of $1,000 each, Single Payment Plan Series U; PRESENT Authorized •First 1953. company was public offering of $10,000,000 first mortgage bonds, 3%% series, due Oct. 1, 1983, at 102.125% and accrued interest by a group of underwriters headed by Halsey, Stuart & Co. Inc. The offering was quickly oversubscribed and the books 4.60% $1,028.29 on Aug. 13, SEC about securities. Johns-Manville Corp. closed. of As of or shares raising additional funds be senoir CAPITALIZATION Co.—Stock $44 per Share- the forthcoming offering of common stock, the approved by the Connecticut P.* U. Commission at per This price amendment was filed with the SEC on Oct 22, and the registration became effective on Oct. 23". This latter "date is; also the date of record and the date upon which the in price 19 1473. This its 82,000 Institutional Investors Mutual Fund, Inc.—Asset Value Partial Redemption— p. Oct. on With Securities and Exchange Commission— dividend requirements. The company of company year renewal of National Bank of be 1371. p. This p. than on common covering Hycon Manufacturing Co.—Renews Bank Credit— 22 less of company states that if it had not charged accelerated amortiza¬ if income taxes had been computed on the basis of normal depreciation, net income for the fiscal year would have been $11,- (approximately $47 per share), through Dean Witter & Co., San Francisco, Calif. The proceeds are to go to William M. Roth, the selling stockholder.—V. 178, p. 854. Utilities Co.—Registers With SEC— filed a registration statement with the /SEC covering $10,000,000 of 30-year first mortgage bonds. The company proposes to issue the bonds on or about Dec. 1, 1953, and they would be due Dec. 1, 1983. The price and interest rate are to be determined by competitive bidding. Net proceeds to the company The ofi 1933 Act offering The corporation on Oct. 15 filed a letter of notification with the 450 shares of common stock to be offered at market The SEC public has Period End. Sept. 30— tion Antifreeze Marketed— Securities company Kaiser Steel Honolulu Oil Corp.—Files With SEC— •' borrowings. Edwin L. Munzeft. and and Treasurer; H. R. Walker, Vice-President; Comptroller; W. J. V. Murphy, .Secretary; Arthur J. Works Manager, Press .'Division; and E. W. Worthington, Chief Engineer, Press Division—jointly stated that this proposal "might well seriously interrupt production and produce a state of chaos, resulting in serious financial loss to the stockholders" and that "in such event, we would tender our resignations forthwith." F. Geer, such bonds Barr, Durante, At bank supporting communication a Kingan, . the proposed Pr°8ram will require that Total Harless, W. interim his dismissal. The special meeting is also sought to act on demands for the removal four directors of the company, including Neil P. Cullom (Chairman A. under the the financing advisable.—V. 177, "A" to committee the company's current interim bank requirements of the con¬ future further weeks special meeting the outstanding vote, and applicable law of New York State. stockholders protective committee was organized as a the that necessitate However, the reserve of com¬ mon stock to be provided by the additioal 300,000 authorized shares would permit the company to raise some portion of its future capital requirements-by the sale of common stock, without further authoriza¬ tion by the stockholders, should conditions at the time make equity these executives—Arthur debentures are eommon stock Greyhound Parks was incorporated business corporation for the committe the 457,750 shares The conimittee President. In share in units of four debentures and 100 shares of common a total price of $1,100 per unit. No underwriting is involved. operating the off pay probable will the covering gage Key Executives Back Present Management— Ariz.—. ordinary for the from received were of out is and sale. Authorization of the 300,000 shares of common stock will provide the company enough shares to carry out the proposed public sale of approxi¬ mately 100,000 shares of common stock at this time, and leave an adequate reserve of authorized common stock for financing in subse¬ quent years. Present forecasts indicate that the company's construc- 19 meeting "A," electric the to to present j Asserting that the recent change in management of this corporation "was most constructive and in the best interests of the company," eight key executives of R. Hoe have joined the majority of directors, in urging share owners to resist a current effort by a stockholders' "protective committee" to force the reinstatement of ex-President Joseph L. Auer, and the retirement of four directors. 177, p. 2784. and 40,050 shares of no par common stock. The offered for sale at their $250 par value and the be called Wiliam corporation filed a registration statement with the SEC on Oct. 21, 1953, covering $400,500 of 6% 10-year cumulative income debentures (1,602 debentures of $260 par value each), due Dec. 1, at $1 vote, special class or it statement and dismissal, as The 1962, the of in with Mr. Auer and one of the purposes of the special meeting is the adoption of a resolution endorsing his ste¬ wardship of the company and demanding his immediate reinstatement for electronic equipment has been Bureau of Aeronautics, Department Arizona, Inc., Phoenix, to company's be The Registers With Securities and Exchange Commission— to the opposed Co.—Receives Large Contract— it was announced on Oct. 20.—V. Oct. facilities c2?,?i°n stock ava*lable for issuance by requested distribution additional shares entitled to vote, by the stockholders' outstanding made been in July, of Joseph L. Auer as President of the company ^by seven members of the board of directors. Four directors vigorously in excess of $3,000,000 this to Navy, the has 1,200 of the approximately 2,000 holders of class the meeting. committee The of the stockholders and company. The precise num¬ be sold, and the price at which the shares will public, will depend upon market and other condi¬ the time of offering. The company expects to file a registra¬ at At , for shares solicitation requested issue entitled piece of property on the western extremity of Aylmer, Ontario, has been purchased from C. A. Hotchkiss. The property has a frontage of 266 feet. Mr. Lytle stated that construction of a modern super market is scheduled to begin within 60 days. The market will have approximately 8.500 square feet. It will open early in 1954, Mr. Lytle said.— V. 178, p. 1474. A 55 %■ of entitled its "A" class reduce program shares of tion stock of the meeting. The committee has demanded that "appropriate notice of the call of said special meeting be mailed or served on the class "A" stockholders forthwith." This demand was made in accordance A or capital the all of Canada, awarded to offered 1953, to repay requests with Arthur Dressel, Presi•dent of the corporation and has designated Nov. 24, 1953 as the date of Gray Manufacturing to be used are purchased company announcement 255,658 of The must the expansion of Carroll's Ltd., the 31-store chain acquired in May of this year by The Grand Union Co., has been made by Ralph D. Lytle, Vice-President and General Manager of Carroll's. The new store will be known as Grand Union-Carroll's Ltd. of than an More than ago. which 724. announcement to outstanding Grand Union Co.—Canadian Unit Expands— first meeting commenced registration the 1953, protective committee. Requests in writing with The ber 178, Park for $75,000. more according . p. outstanding.—V. (R.) Hoe & Co., Inc.—Special Meeting Sought— A Debenture and — Feb. 3, last, covering the proposed sale of $1,350,000 20-year 6% first mortgage convertible debentures due March, 1973, and 1,565,000 shares of class A stock (par 10 cents). The debentures were to have been offered at par and the stock at SEC with the stock common on 11, Ardsley Burial Withdrawn— has company filed was of shares be owners Stock Offerings $1,096,586 $2.10 $2.75 Bridgeport Station and related transmis¬ operation, expanding and improving trans¬ new full Accordingly, the directors have determined, subject to stockholders' approval of the proposals, mentioned above, to raise the additioal capi¬ tal required at this time by the sale to the public of approximately 100,000 shares of common stock of the 1952 share the substations although struction 1953 each), without underwriting. The net proceeds $75,000 bank loans and for improvements. entered an order suspend¬ The Commission 1953. 433,644 on company On 16 announced that it has a of securities at instance Oct. 14 filed a letter of notification with the SEC covering $100,000 of 6% registered subordinated debentures due Nov. 1, 1973, to be offered at par (in denominations of $100, $500 and $1,000 $13,700,171 $10,627,315 $11,490,232 $48.68 $37.76 $40.82 *-v $3.16 $2.39 $2.61 in the $1 par value common stock of Adolf Gobel, Inc., the American Stock Exchange, for a ten-day period effective on is time financing program contemplates the sale of addi¬ this time, in order to raise approximately $2,000,additional capital to provide the company's commitments under construction program. These funds may be applied in the first its >■ Hillside Cemetery Co., Roslyn, Pa.—Files With SEC— The trading listed to company's tional tions Gobel, Inc.—Stock Suspension Continues— The SEC on Oct. ing of amount second time 000 of 1474. p. 178, p. 386. (Adolf) The to - 768,491 . preference share— common share - per •Based in dollars States income Net Earned —V. earnings current countries foreign United 13,146,819 present from making other property additiohs and improvement in keep pace with steadily increasing demand in fhe terri¬ tory served by the company. V '/ engines, $1,375,363 profit after taxes •Earnings per common ^ 14,785,507 21,647,397 the issuance and order public. Sept. 30— of into lines, system, present the corporation owns 13 acres of land in Marlton, N. J., upon which it has built a new building for testing purposes. The cor¬ poration has plans to build an assembly plant with 18,000 feet of floor space on this tract of land.—V. 178, p. 758. Net and income and domestic profits taxes excess the to by 300,000 shares (from unchanged. stock. common unit second sion mission (Walter E.) Heller & Co. (& Subs.)—Earnings— $37,177,557 $27,387,046 $26,606,315 1,061,498 987,896 894,312 relating stock leaving stock During the remainder of this year, and until completion of the cur¬ phase of the construction program, work will continue on putting the and 9 Months Ended 1953 . - of shares), preferred rent company motors Subs.)—Earnings Increased— Depreciation. Foreign shares loans, Nine Months Ended Sept. from 1,100,000 proposal, $30 at will be used to erect a new assembly plant, for development and for working capital. was incorporated in New Jersey on Feb. 26, 1951, to take over the exclusive manufacturing rights of the Hedges Patents for automotive, truck, tank and tractor Diesel Engines. The general net 386. Gillette Co. (& /Profit to cumulative such At Common authorized shares of common shares authorized * Net the crease offering was not underwritten. The unit. purpose state & taxes , , special meeting of stockholders will be held on Nov. 12, to take action. on two important proposals relating (o the financing of the company's construction program. The first of'such proposals is to in¬ 1474. p. Oqt. 15 said on ., A The corporation on Sept. 9 offered publicly 10,000 shares of class A stock (par $10) and 20,000 shares of class B common stock research 1953—12 Mos.—1952 $9,165,161 $5,622,114 3,119,182 1,416,687 > $2,701,811 1,002,057 sales Prov. r renders Utilities Co/ —Plans Common Stock common The Co.—Earnings- Giant Portland Cement before of the National assistance to any arfy who Southern Financing—Edward L. Shutts, President, in substance: ' ' companion Pfaudler Co. Profit Iowa member pay Inc. 178, date over-subscription will $250 closing no Hedges Diesel, Inc., Marlton, N. J.—Stock Offered— per Net contains 800,000 1371. General Tire & See 29,657 $103,156 ; 66,255 income operating Net of rights.—V. it Dealers, company rights, fee maximum a $468,285 280,060 $838,887 the underwritten, Securities of The were the not exercising person exercising $54,761 of is and features, sent to stockholders. rights will be Nov. 10. warrants issue 5 (1569) exercise the for 1953—8 Mos.—1952 $5,191,538 $4,010,784 1953^—Month—1952 $664,590 $521,924 441,105 412,126 72,000 15,000 48,329 40,037 revenues Operating subscription Ohio—Earnings— General Telephone Co. of Period End. Aug. 31— Ooeratine The Commercial and Financial Chronicle stock. the at to the The $100 per date sale of of the 3%% bonds is not conditioned on the. sale of stock. at p. 1372. - r UNDERWRITERS—The purchasers Stuart & Co. Inc. is acting as named below, for whom Halsey, representative, have severally agreed on The Commercial and 6 a (000's Omitted) (000's Omitted ) Stuart Halsey, Cor. & Kendall, Dick Co, Iowa of & Son, Gregory Inc & Co Curtis due V." 178, also Scranton Stifel, Nicolaus & Co., Inc. Walter Stokes & Co Stroud & HdifV " * " ' 250 Gas Co., Inc.—Places Pre¬ This corporation has sold pri¬ — ' announced - Net from Net ry. 185,700 2,141,844 railway— income— 949. • : oper. 178, 832,548 p. 2,266,408 3,459,867 1,589,697 931,628 676,823 5'/2% tax—_— — 42,000 earnings *Loss. 28,800 I*-!. incl. 362,500 725,000 725,000 $1.00 $1.00 Working capital 10,387,975 loss.—V. 177, 10,400,104 'Net sales i-Profit with for __———— before income 4,262,000 Net profit • Common shares outstanding '^Earnings per common share v *After preferred dividends.—V. 173, Super in The Profit before Prov. for • Net inc. Fed. $31,516,963 $37,503,341 $28,766,554 4,,755,948 profit Common ,;,Earns 3,035,112 5,451,861 4,638,686 1,400,000 3,400,000 1,850,000 $1,830,948 $1,635,112 $2,051,861 933,380 466,690 $3.92 $3.50 $4.39 $6.06 '''After com. dividends.—V. preferred 177, and 2679 pp. Period End. Sept. 30— 1953—9 Mos.—1952 for • ■ . Lockheed development, officials 178, to 1955, and . 3,491,887 3,355,438 4,680,100 only 4,278,597 - about or on Nov. the 1953 2, bids sealed for $420,359 $599,227 $603,707 Nov. purchase 1953.—V. 9, 178, Net the of 43,052 263,2|0 58,074 income $683,405 $642,279 $866,947 $1,094,329 deducs 270,191 310,829 339,921 593,753 income E. Balance $331,450 $527,026 and The 66,000 88i000 in 88,000 stock share com. $265,450 $0.79 shares 440,000 on $347,214 of $439,026 178, of To make to of products 1953 1952 $13,148,357 $12,821,817 sold be sub- 1475."' p. Up%- share and depletion..) Oct. $1,609,842 18,042 $1,627,884 7,392 19,894 income 19 deductions Provision , Federal Net -V. for income- Federal excess profits 807,000 profit 178, for each for the on the number will be agent as soon as had rich stock, shares headed by Julian will be Loewi to reimburse expended located Upon i 348,718 ment are -P. on Co. & the net the shortly to R. Steelman, offered through of publicly as a national around for funds underwriting full on rata pro Dec. 178, 1953, 1, such of proceeds the sale or company 667. p. quarter first company's sales Proceeds $1,250,000, expended Canadian Koehring-Waterous, Ltd., and sale will acquire located corporation the and to a as of at to are used be The ownership * Mr. funds of shares at of proposed offering, the company will gain have a good approximately the same rate a as year ago.—V. Sold—L. D. Sherman & Co. 12,890 shares of per share. common stock This offering was (par 33% completed cents) on following day. proceeds the last $58,000,000 margin.—V. capacity for a selling stockholder.—V. 178, p. 1475. day the week, a three road; increased and which and two or of payout in seats earnings made L Equipment auction in was in cents 9.8 fact it of profit percentages net 1952. receipts in Sprague decrepit Mr. without times 42 the railway The operating for all average cents. 7.2 was ago,' years L. St dollar of gross railroads despite showed greater territory & M ratio, transportation percentage of off-line traffic and serves an communities. Although it does not have such as others of these lines, only two other rail¬ St L & every at took management the of major "no one wanted condition. The company the said, single a bid being was Then made. St & over, Today present company. with railroad effect give M bonded no him control offered has L The As yet of the road." over operation to have committee a officers of board date for this conference has not been a of directors meeting of shareholders nounced there that changes any In June railway holders 31, the in and is 1953.—V. and at¬ "extra sharp" drawings York City At No. the claims group that shares 537,654 it an¬ make of the represents outstanding Manufacturing Co. duplicating' printed at Jan. Introduces — designed paper typewritten or the at National new a company to pages Business stiff announced produces backing copies that at a or produce penciled Show model new facilitates the 15 seconds—approximately 16 times copy a full-page letter, according to these to Mr.. Heineman. New in of rate faster the full one than duplicator, filing ' pages. duplicator company Duplicating Paper— of the time and copy The annual 1953, 19. Oct. on 12-C, Fax" copies same by 12, The stockholders 1275. p. announced was the of "Thermo-Fax" new May year. the set. Heineman began acquiring stock Heineman shares 178, the one from requested as 1953,r Mr. The 164,317 at for office authorization board, July, company. of elected was to hold no Minnesota Mining & : production a "Thermo' typist a - each page can re- company will 178, be p. exceeded quarter, To Continue Expansion— in the H. which is the fiscal year 1953-54 by P. Buetow, business some market plant and "We this equipment third." 1373. President, last week stated adjustments appear to decline, in the be expects company fourth that "despite the fact that indicated to spend quarter in at of the the 1953 recent same it as stock level for in the did - plan downturn no in capital outlay," Mr. Buetow said. "In fact . t ':r:' Prov. Jf.S' Net income taxes Common 177, 1952 and state inc. dividends shares per p. paid outstanding common 413. share 7,383,120 1951 $38,276,292 taxes 6,548,203 7,419,324 3,180,000 $3,368,203 1,350,552 1,350,552 1,350.552 use> 2.025.828 1.350,552 made cating in by a machine new with all. business company its new fields.—V. product ... the "Thermo-Fax" "extra-sharp" paper 178, dupli¬ • p. 1373.- now available for $3,789,324 1,350,552 sales 3;630,000 $3,671,120 Fed. profit Common —V. 1953 $46,311,720 $42,241,407 before for we plan to expand our research program." He said that the com¬ pany's faith in this concept had been confirmed by the large number of (& Subs.)—Earnings— sales Profit Earnings went to best large service M the St A television seasonal period, will no doubt also show a big sales year, with every indication that the all-time high Masonite Corp. 178, of New York and Sincere & Co. of Chicago 6h Oct. 14 f. sat $2.87% its that the second Years Ended Aug. 31— Co.—Stock on in common that Net net of stated peak over record 1161. offered increased since Chairman be of , Freimann industry's stock outstanding. The registration state¬ Koehring profits in the first nine months of 1953 discloses the has company would extent of management year The present ♦ an products. Brantford, replace the demands. sales the for at $16,052,000, reported were operated 1373. p. and few to area of & M bearing .-> the business, aggregating this all-time sales record of the company a like period. The introduction of two new low-priced high fidelity phonographs increased the volume of the radio-phonograph division by 300% over the same period of last year, with production of these products lagging considerably behind orders. syndicate completion running The the remit to sale.—V. such reversible speed manually are torneys meet with representatives of the minority group to discuss their thereof,'a for improvements in its plants, particularly Koehring Southern in Chattanooga, Tenn. Kropp Forge r and single a 178, first in receivership and then as the M & St L is probably the debt. Earnings are good. Divi¬ dends equal 6% to 8% of the market value of the stock. Yet this group, headed. by Ben. W. Heineman, a Chicago lawyer, wants-the directors to make him Chairman of a new executive committee, which the rate of record at the period of July through increase of 42% over the $11,336,000 reported for the same period last year. Frank Freimann, President, stated that sizable sales gains were made in all divisions offer 50.000 shares of announced on Oct. 22. President, Milwaukee. company company of Waterous, Ltd., Ontario, now known Co. of he the to directors: of exceptional has in only at Magnavox Co.—Sales 42% Higher— The $473,090 September expects company expected i lieu In b" brakes load,—V. e which of corporate second :the revenues. heads par of This common to outstanding 29, 1953. will be issued. driven is friction Group— New "Thermo-Fax" "* - 1953 for dividends. an that the the stockholders otherwise entitled to such authority and instructions to sell such full practicable for the account of the stockholders stockholders of 1, these after the M & St L emerged from a receiver¬ four months—the road has paid out 37% of its This compares very favorably with the rate of many other railroads, Mr. Sprague pointed out. It has replaced all its motive power with diesel electric engines; brought all of its rolling stock up-to-date with steel cars; improved and modernized its trackage and buildings; and greatly increased its operating efficiency. Th'fe M & St L in 1952 had the third best operating ratio of the nine railroads in its territory, which includes some of the largest and most prosperous railroads in the country, Mr. Sprague reported,- It offered for with thereto costs Dec. of principally St. Louis Ry. Co.—Management Offers board years earnings in "Eighteen not ! $10 1126 variab a actively, 1944—one Since ship of 20 nine Oct. to such payable the on selection designed are dividends. in revenue certificate of full shares equal to the aggregate of all "the nrsued to Guaranty Trust Co. of New York-or its shares, the did Speeders on and 11-man The of, stock shares ten on shares shares Koehring Co., Milwaukee, Wis.—Plans Financing— The costs Speeders, of participate would dividend stock 10% a stock, (common) fractional 291,700 $465,880 development Manuel Gear ago, financial on in the first nine months,* resulting approximately $106,000 for the first of declared have fractional fractions 667. p. San income 843,200 280,900 tax the j. its-line .of diversified more - a 1126-A contact committee, would a further reported: expected that such development costs will increase to fully offset the taxable income for the entire entitled Other on models-to new of area ; business of nominee Other v,;'\ demands. its head handles deducted capital No 482,933 expenses— of shares which against also • 1952 24,071,568 5 $404,772 1953 36,714,455 $3,507,'728 — liability tax is directors close 10,729,042 $1,561,172 administrative and 540,811 7,943 general 11,054,317 $1,553,229 Selling, 10,000,000 Houston, minority a capitalize months the public! a of executive - Pay 10% Stock Dividend— value one Sept. 30— sales covering that'-public offering will be made Texas, will be the under¬ and Co., offer Model external accommodate campagin V ' to would v Kingston Products Corp.—Earnings Increased— 9 Months Ended p. 387. this group became a M & St L stockholder less than Mr. Sprague said, and almost immediately began his organizing a stockholders group to alter the present coroprate structure and policy. His main demands are creation of an six If the San Manuel development costs had been capitalized from income, the tax liability for the first nine have been approximately $1,165,300." ' ): 1953. The Cost outstanding. - sufficient months $0.94 387. p. outstanding, shares 26,346,767 group of stockholders of this company are the exceptional success of the present manage¬ the demands are being made, L. C. Sprague, President, told a press conference In New York on Oct. 22. The minority group has sent a series of letters to the M & St- L made for Federal Income or excess profits expects to file a consolidated tax return for 1953 development costs of its subsidiary, San Manuel taxable it months, instead $412,576 $1.00 $0.60 stock.—V. common and is V-belt driven by a 5 hp four-speed electricallyallowing for speeds of 1,800,. 1,200, 900 and 600 rpm Meet Minority ment been Although the indicated an amount year for — the Corp. offset nine has company deduct to Copper $500,576 66,000 available per "Based Net Treasurer, provision taxes. $413,214 common °Earns. Dodge, "No in , ) driven- while brake loads are applied to the reversible single-speed •Jnotor'allows the spindle;-to direction. ; " ' "f A motor, The efforts with the due Sept. bon()s, ,to and ' Profit' Sept. 30— production (pounds) profit after depreciation $1,036,255 263,046 Value, Etc.— spindle, Speeder Demands con¬ . expects company the two and Minneapolis & to will Copper fully Net established customers. spindle. will and roads Preferred dividends agree is either in each motor. To complete '• for of 1126 one 1126-A offered for public sale at competitive bidding. Net the financing will be used for construction of utility about or H. etc. not but , now can its spindle. driven voicing 19 filed a registration statement of first mortgage bonds, series F, Oct. on $25,000,000 9 Months Ended $5,314,852 Operating expenses has on • February, in start 31, .1953. On 1953—12 Mos.—1952 $5,283,807 & 1373. addition to contrclled 1372. p. Magma Copper Co.—Output $3,954,665 Int. was transmission gears. Model 1126-A Speeder with individual drive and brake for each spindle to allow the testing of a set of gears at the same time. Model 1126 Speeder be that announced announced. is scheduled company invitation Thitted $3,912,246 Gross thereby company, company institutions, registration complete Christie p. Models second to repay bank loans incurred therefor. Construction expendi-. the period Sept. 1, 1953, to Dec. 31, 1955, are estimated, the Oct. 2569. revenues Operating income Non-oper. inc,' (net) from com¬ equipped for . be $117,300,000. Kings County Lighting Co.—Earnings Increased—. Operating is line, has signed a final contract for trans-Atlantic service. The German com¬ 1955.—V. company of 448.103 share per The and insurance production testing automatic this construction program, it is estimated require approximately $80,000,000 in addition to funds expected to be provided by depreciation accruals, retained earnings and this financing. Short-term debt <3',4% bank loans) in' the amount of $20,235,000 are expected to be outstanding as of 1,216,088 463,690 paid . Lockheed to at $2,788,686 933,380 466,690 1,163,249 shares outstdg. Dividends the stock in the Trust's 29-year history.—V; 178, the that 178, company Both the new German to TWA covering that , this * airplanes built or on; order. commercial airline order for transport's 10-year history. now approximates $160,000,000, a backlog airline major June, 1983, tures & taxes—k, commercial Constellations plant or 2,925,000 taxes inc. profits excess .'4i 1 Order— in a $40,000,000; contract Kansas .City,, Mo..). in 30. proceeds 1950 $43, 1,224,093 — shareholders now V. the The 1, 1951 is B. 27. With Long Island Lighting Co.—Registers With SEC— $2.51 1952 July 31— sales •>• 800,000 1953 stock Oct. . series Constellation Lufthansa, Delivery King-Seeley Corp.- -Earnings— Net Airlines World Trans 500 another clude 387. p. to 36 SEC Year Ended by purchase is the largest single completion, 2,531,000 $3,466,000 800,000 $4.18 — its and Michigan Tool Co.—Adds to Line^—' pany's decision to use Lockheeds was preliminarily announced in July. Negotiations for additional sales to four foreign airlines are nearing $2,134,000 Federal/ State and Canadian income taxes— of The Massachusetts. of banks shareholders and 2,025,657 in shares 110,925 record figures announced is It . 4,665,600 7,728,000 taxes———— in sale as (Glenn) McCarthy, Inc.:—Offering Expected Oct. 27— on That amount covers 93 Super Constellations yet to be built, allowance for a recent change in Eastern Air Lines' requirements Deutsche Sept. 6,'52 Sept. 5,'53 $71,425,000 $62,991,000 of were common peak. from Ended:— stock common 1953, this Trust reports a net asset value per share past 12 months from this date, there were gains of i 30, number of totals - 132 the total number of Super Constellations sold > to the new transaction gives the company a grand total to Lockheed's V':.. Kendall Co. (& Subs.)—Earnings— Weeks with TWA In 36 - Oct. 22 confirmed a record-breaking salejof transport airplanes, the. new, model powered on model of Constellation in the new 1902. p. call. financial Co.—Notes Approved . Constellation than more The v *Net •for world airlines, of 17,611,792 18,563.100 10,525,697 10,310,380 ~.— this corporation signed any 18,046,821 .,16,416 in the Nebraska State'Railway $2,500,000 of 4VbVo promissory.'notes,'7 it was month.—V. 178, p. 149. ' % .' /' C A authorized been issue to earlier Boosting 18 727,825 $0.50 17,896,189 6.250 shs. 17,605 shs. , speed-increasing turbo-compound engines, just 725,000 725,000 ---— —— the members its upon existing the In $18.09. an Super Shareholders investment 30 by by 1950 676,200 — June approved 21 20 $21,027,796 $24,316,079 $19,704,082 1,127,118 *153,779 1,676,308 24,581 (after taxes) Com. shs. outstanding.. Dividends paid Dividends per share_ ,Net earns, As, of Sept. of machines This 1951 1952 1953 $19,789,651 becoming it to industry such Massachusetts Investors Trust—Asset / .. . from FISCAL YEARS ENDED JUNE 30 FOR — has company Commission Aus- tralia and England) Oct. on Lockheed Aircraft Corp.—Receives Large Year End. June 30— (not received dividends include not institutions . subsidiary.- HIGHLIGHTS Sales do figures above by with will new funds -from its the formed "for the purpose of Massachusetts- by providing a be available to assist existing was of " , Australian which encourage financial writer.—V. announced NOTE—The the to therefore and It Corp.—Stock Split Approved—■ Lincoln Telephone & Telegraph *$58,214 $41,718 —----- ——-—— $20) (par $10) (par stockholders The Net ; overwhelming majority both the two-for-one split in the capital stock of the corporation and the increase in compensation to be paid ta Lehman Brothers under the terms of the Management Agreement.—V. 178, p. 1372. 1952 *$29,414 tax_— income for 1953 $83,718 stock pfd. conv. stock Lehman (& Subs.)—Earnings, Etc.— Earnings before provision for income financing derive money nature, prosperity designed to make loans and other investments of a nature not customarily under¬ taken by! financial institutions, thereby spreading the risk among all These *• Provision cumul. The Sept. 30— of and will compete risk a speculative." business which, lend to $150,000 $150,000 , 15,000 shs. " 75,000 shs. : note mortgage first Common ' (Julius) Kayser & Co. 3 Months Ended the from panies to of considered source loans ^Outstanding ^Authorized 115,177 6% railway—_ on businesses % PRESENT FINANCING EFFECT TO GIVING CAPITALIZATION 253,499 1— Jan. ry. —V. 4,402,745 4,775,032 2,225,770 789,855 $501,530 118,626 4,653,511 $592,036 292,976 127,288 $643,021 327,539 66,388 from from Net $550,835 income— oper. From Gross Net railway—-- railway- — from Gross a registration statement with the its $1 par common stock, to be offered . 1950 1951 1952 1953 filed 16 share. per . . Kansas, Oklahoma & Gulf Ry.—Earnings— August— Boston, / .. the proceeds from net PROCEEDS—The 178, p. 758. Oct. on be company / cumulative preferred stock through Cruttenden & Co., it was Corp., -. sale of the stock, together the members and stockholders." Proceeds of the sa'e of stock together with the proceeds from with funds derived from loans the sale of $150,000 5V'2% first mortgage by members will be applied first in notes, are to be used to purchase 45% of the common stock of„ -payment of the expenses of the company's organization and of the Petersburg (Va.) Television Corp., and to complete the payment of its current financing: second in payment of its current operating expenses; new studios. ' and third for carrying out its general corporate purposes. George B. BUSINESS—Company was incorporated in Virginia in 1946. It Wells is President.' * operates radio stations WLEE, AM and FM. • vately 25,000 shares of $5.65 (without par value) $10 at undertaking new Va—Stock Offered Corp., Richmond, Inc., of Co., Oct. on 150,000 shares of sale promoting Richmond, Va., on Sept. 29 publicly offered to residents of Virginia only at par ($20 per share) and accrued dividends an issue of 6,250 shares of 6% cumulative convertible preferred stock. The offering was quickly completed. ^ \v > & ; companv must capital.—V. 175, p. 2594. working —Galleher Natural Stock Privately outstanding loans and to provide proceeds will be used to retire Lee Broadcasting 100 600 1474. p. , 250 — Inc.— Company, l,00ff^-~3'homas & Company Kansas-Nebraska - 1953 No underwriting is involved. c was created by special act of the Massachusetts July 3, 1953, "as a business development corporation to provide iinancing not oiherwi.se readily availab.e, for the promotion of economic activity in Massachusetts. The company is engaged in a The new W. additional 250 Co. & pub ic Legislature 1960. The 200 Inc. Co., 250 . ferred 250 corporation covering for pany Hughes & Chas. 500 ____— Mullaney, Wells & Co.—-Paine, Webber, Jackson & WCK/UVi, UftbAOUIl See 500 E. Raffensperger, 100 500 250 Heller, Bruce & Co.——__ Hirsch Pollock & Co., Inc. Prescott, Shepard &Co.. Inc. 1,000 Corp This SEC Privately—The com¬ Notes Sold — Development Mass.—Registers With SEC— company s mill recovering $725,857.—V. 178, p. 297. has placed privately with Mutual Life Insurance Co. of New York, an issue of $2,500,000 5% secured notes Wm. 400 —___ Merle-Smith—, & First Corp. Lawton Oil 100 Inc. isen, Company——500 & Courts & r Monday, October 26, .: . Business. Massachusetts V , this ( $100 Inc. Writer & Christen- Peters, 500 Redpath Cooley dry ore, tons of 53,209 treated . 1953, 30. Sept. Copeland & Patterson, Inc. $2,400 Auchinclcss, Parker & ended months three rhe For Ltd.—Earnings— Shore Mines Lake respective the company the commitment basis to purchase from firm principal/amounts of the bonds set forth below: ; Chronicle Financial (1570) 3,712,000 $2.72 " Mississippi Power Co.—Bonds Sold— $2.49 $'2.81 The due public offering on Oct. 8 of $4,000,000 first mortgage 3%% Oct. 1, 1983 Pierce, Fenner V. p. 178, 1373. & at 101.265% Beane was and accrued quickly interest by oversubscribed. bonds Merrill Lynch, details in See Volume 178 Missouri Public The to Federal 26 to Service Co.—Hearing Oct. 26—* Power Commission Oct. commence two on scheduled has consolidated a applications relating to natural proposed service in Clinton, Mo. The applications are by Cities Service Gas Co. of Oklahoma City, Okla., which is proposing to construct metering facilities to supply natural gas to Missouri Public Service Co., which wants authority to fcuild 24.4 miles of pipeline to carry the gas to its local distribution system in Clinton. Estimated cost of Cities Service's facilities is New York, Period End. requesting additional 128,225 Chicago & and Sept. 30— Pabco shares. U. S. income Other ry. Provision 1953—9 Mos.—1952 $ $ 126,585,032 1,582,500 2,245,000 14,341,000 12,435,500 taxes tax accruals., Monarch Machine Tool Period End. Sept. 30— shipments Cross Wet profit number after f 711,824 731,620 6,375,983 1953—3 Mos—1952 2,486,933 16,967,947 Motion Offered 2,137,846 13,876,552 $6.01 ^Earnings 12,688,429 $0.96 shares $5.43 "'After New 1953—9 Mos.—1952 405,218 1,510.995 420,000 420,000 $0796 $3.60 $2.33 Gordon Meeks (Tenn.)—Securities & Oct. 12 offered publicly "as Co., Memphis, Tenn., 011 speculation" $50,000 of first a The bonds It is during bond the the be two be 5% $10,000 fund this cumulative and amount, at will and par from Oct. The constitute not accrued This for 16 is two proposed aa feet ef The ' the picture '"vTr. and sound release printing; GIVING EFFECT TO 7 r-'' " , mortgage bonds due Oct. The par''valueti_/___:i_.~. Mem¬ "The • has program recent > been further (acquisition of the advanced," Albert gain,-and to share the «n vecord Oct. 176, the 250 Federal million Power the application 31, electric of Niagara Commission that it received 1952, and for the to from energy shall * ♦22.71 share. per taxes five of of '#1.751,563 net This cents based value a. per. conmon of reserve unrealized 30, 1953 share——.--, $487,000, added Mr. were incl. panies sales and wcr-king company Federal hearings to .. of to aggregate Profits, that also rate Co. Power Oct; earlier tShe in 19 comments Provision after of Sept. 1953 30, provision net on identified for capital (& so subsidiary this date. proceding involving an facilities which will . maintenance " (see taxes___ '. ♦Based share_____".__ on 1,969,807 shares NOTES—The unremitted Canada)Profits in the consolidated and profit branches being And gas shown above, the are profits sidiary. and cash dividends received and branches 1953 of as Foreign free, which amounted to earned $98,101 currencies prevailing at $3:64 $142,034 stockholders 1953 31, authorized the 10% ffre of number is proposal and from during rates at and of the reported. nine Net of management is will 18 vote, —V. shares common the dividend to 2,050,000 Sept.. 30- the recommend the end to the asset, value National of a of declare this year, the share per equivalent Net year . assets earlier. -owned 4 made- $11.40- end shares : - on the of 30, Sept. with Sept. 30, $11.91 30 and third quarter with 10,492 1952.—V. 178, p. asset 1- National Tea Co. Period Elic. Oct. 10-r- (& " . • —1V; 178, p. -v. $ 1162. , 1953—Month—1952 . $0.61" 15,813,934 $5,287,017 $4,942,850 86,017*,.?&.405j <net>_i__—-JL' 804,765 ? 828,000 76,907,174 69,927,789 17,179,400 10,940,679 889,781 7,438,402 7,187,216 income 1,959,390 1,316,658 16,431,048 450,180*- ' 450,180 charges—____ 2,084,014 1,303,159 16,501,654 Skamania is the gives 178, oxide share, per 1476. grinding and promotion and to be used GIVING to expand mixing department, to for working capital. EFFECT TO the for pay PRESENT authorized recapitalization and directors own total a adver¬ of the the discretion will in common be the management the aggregate stock of exercisable above the oi the until permit at company date a mentionad 149,500 connection with of division, to carry operating and is offices leased The for . as - uses The are and in trade of sells as The purchase of 75,000 shares share. The warrants will following the public offering "Irish Opelika, and of—" Total Net - V. , ■ pet. assets— asset The * net value asset 178, p. 299. per as produced in Ala. sound at by Brand."—V. the the home This A plant Power Commission has approved share-as the merger into, this of two of 178, merger p. ' 1277. tape record and to p. marketed is of Dec. . The 31, 1952 was $1,708,410 $12.10 $14.19.— corporation and Benson <fc Hedges, two of the companies, has been unanimously approved in board oi directors' of both corporations, it was Oct. 22 by Alfred E. Lyon. Chairman of the Board of this on <fe and Joseph F. Cullman, Jr., Chairman and President Hedges. will be submitted to stockholders of both for their approval. Details of the special meetings will■ be Decline— $1,527,790 $10.82 ' * the Morris, Benson The 1374. Sept. 30,'53 June 30, *53 at of by announced Philip company /." cigarette principle recording • 178, " ' a Philip Morris & Co., Ltd., Inc.—Plans Merger— pleasure. —r-,.-——:— per used debts, obligations and liabilities of Southern and Chester, and will then all of the outstanding stock of those two companies to be can¬ leading share-——...U-v.—----- value be Ohio, to manufacture polyvinyl chloride resins. plant is now underway, and it is scheduled to the Chester - magnetic and equip¬ for General's chemical plant General is con¬ cause Oversea# Securities Conine.—Assets As will glassed-steel ' program its subsidiaries, viz.: Southern Pennsylvania Power County Light & Power Co. ^. Philadelphia presently owns all the issued and outstanding shares of the other two companies. Philadelphia will assume all outstanding Co. later. ing Completed—The of for order peace-time expansion polymerizers Federal company this Association-^Staek Offer¬ ' $6,000,000 Philadelphia Electric Co.—Merges Two Subsidiaries— per Road, feet. well business the- tape name square and for single Into operation late next year.—V. 178, p. 1374. go shares. Marvyn on businesses both of a $200,000 order from the General Tire giant polymerizers was announced on Oct. 21. 10 was 13,500 produces many sound majority the located- contains company reproduce 298,968,886 a Polymerizer Order- by the company. a the celed.—V. company for largest Construction incorporated in Alabama in March, on the business of J. Herbert Orr who had been sole proprietorship since 1946. The company's plant BUSINESS—The .' . structing at Ashtabula, the $2 months 13 in above bank credit agreement and through securities at a later date, Mr. Spaulding said. this company Co. received on The balance applied toward program. the 1276. p. the Part 75,000 construction company's under borrowings 178, is shares. 158,154 electric its steam expanding in part of the remaining cost of its new facilities at Holtwood. funds to complete this program will be obtained through short- ment 422,500 shs. stockholders engaged a Rubber Outstanding the by Bonds Sold Pri¬ — the general funds of the company to be added to Receipt by stock purchase warrants to be Issued 50,000 to the underwriter designees and 25,000 shares to the company's officers and em¬ its in 1953—10 Wks—1952 of 22,000 shares of common stock made on share, with a dealer's discount finally withdrawn on Oct. 19;—V. 178, Pfaudler Co.—Receives mag¬ FINANCING 75,000 a license was currently is finance to term & 750,000 shs. to for ,, . company Added best-efforts basis. stock Pursuant of application of priority Lehman Brothers at $73 per financing Co., New York, is publicly offering an of common stock (par 25 cents) CAPITALIZATION not holder 1163. p. offering secondary year are on proposed Swift Power Development, proposed Muddy Power Development. A pre¬ the for and the covers Penney Co.—Secondary Offering— cents The 10,772,703 iron a Association has successfully com¬ pleted its offering of 200,096 additional shares of common .stock to stockholders, F. D. Campbell, President, an¬ nounced on Oct. 19. Primary subscriptions took 185,337 shares (or 02.62%, 'o|i: the total), with the rest allocated in , preliminary proposed hydroelectric projects Clark Counties; Wash. ' two for company 18-month has v issued Commission permits This of - - New Projects— generating station at its Holtwood (Pa.) hydrolectric plant and a of the $9,000,000 will be used to retire unsecured notes issued under a $12,000,000 revolving bank credit agreement entered into last 1059. p. financing, -value surplus!! portion 10,948,420 proceeds . <fc vately—The sale of $9,000,000 of 1st mortgage and coll. trust 4% bonds, series due in 1983, was announced on Oct. 22 by G. W. Spaulding, President. These bonds were placed privately through The First Boston Corp., with 11 insurance companies and pension trusts. 99,004,104 9,145,642 a The ' - V '•-17,544,-714 — stk., :divids; Power permit 13 by 90 p. $ 117,956,024 9,766,479 ____ 1,326,006 ployees • $ 12,678,087 net 1950 - the other the Oct. 1953—8 Mos.—1952 $ • ' 925,429 per under N«w England Gas & Electric * on - ... " ~ ' < -1953 • 1952 —_*$22,831,731 $20,756,784^ - Pennsylvania Water & Power Co. 14,931,513 share or 11,768 shareholders shareholders owning $ $ /-• 33,841,324 352,150,491 r requirement--------------r com; River of (J. C.) $57,713 2,280,215 $2 * was Subs.)—Current Sales Up— 36,731,267 for this to Lewis The taxes— operating " Sates 60,000 taxes— 178, cers 298. 1953—4 Wks—1952 $535,000 " $4,568,269 .'$4,210,255 construction.—V. ■ Warrants . • $1.96 770,000^ •; carrying out the necessary investigations and surveys for prepa¬ ration of an application for an FPC license. It does not authorize any 7, 1953, the 1,500 shares of $100 par value common stock were exchanged for 273,000 shares of 25c par value stock, of which the offi¬ earlier. the-same as " 60,000 income Common - year L- deductions other dividend liminary Sept. 1953 a 2,142,000 * r_. —V. . about or r c • the compared compared Sept. on in_1952,' as $28,707,007 At ..the 2,611,649 2,401,459 shares J to totaled $90,807,000 $75,417,000 * 4,021,560 - 1,355,000 while on Authorized per cents tl . 1952 -:' 1953 ' $5,373,034 •' $5,038,255 Federal One issuance shares —9 Mos. End. Oct. 3— " 18,902 $185,817 . a 7 Investors r - $0.68 : shares.) (net)__- avail, The the Telephone Co.—Earnings— tising and sales maintenance after ; $1,879,560 revenues— the Issuance of additional 3,900.000. to board " 654,000 ... i—-I—.*— at share- compared with $12.23 at the beginning of the year Adding- bark the distribution from realized gain on investments of ;was * and- taxes.'J— expenses and permits the to expected are before payable expected from directors on the 1 , ORRadio Industries, Inc., Opelika, Ala.—Stock Offered : National Investors Corp.—Asset Value Lower— On ' issue of 149,500 shares or upon Increase to loss ^ —S. D Fuller & -, official other matters, charter the the .present ♦10.99 * ' income will be 1952. among of at 1476. s$4,118;089';\$3,760,075 •Operating revenues include $1,379,609 of temporary surcharges for recoverable excess steam costs; incurred during the period of September, 1952 to January,; 1953;" ' ' V. " /" •*, •v 63,998 ;___ expenses after Net months 1952. exchange, quarterly cash dividend of 75-cents Of the proposed stock dividend.—V. 178, p. 1062. _ possible PROCEEDS—The 31, Aug. restatement approved, stock common Nov. on amendment be p. Nov. income Bal. $85,188 operating Other (excl. netic The IT for reserve loss Operating Plans 10% Stock Dividend— proposed will 178, taxesr—:______ 1- revenues Preferred 36,866 14,912 Period End. Aug. 31— Canadian sub¬ foreign subsidiary companies $1,632,888 converted were Aug. 16 shares.—V. $648,148 income Net $48,322 252,939 Operating revenues by' the compared with $1,466,983 for the nine months of held share on taxes-—1,302,148 State operating Interest per 367,854 costs and Ohio Bell foreign subsidiary companies and branches amounted to ♦3.975,830 (after taxes) during the nine months of 1953, as compared with $5,387,281 during the same period of 1952. Included in the net •profit shares common each payable $28,780,000 before and Gross $416,176 sundry drilling . a31 of for 176, p. 2532. Federal subsidiaries of 2,300.000 stock at the close of business' share earnings Other 1952 ____! _______ rentals Net —V. outstanding. now profits included not are .« that the share¬ announced the Pacific Power' & Light Co.—Earnings— of 8,958,303 $4.13 60,000 shs. used be of 43,933 profit_______L„— operating abandonments $7,164,763 - Outstanding common quarterly dividend share on 4,600,000 per 16 split of common additional one 12 Months Ended August 31— applica¬ 400,957 Total 16,123,066 $8,142,922 per receive Oct. on 2-for-l Earns, per shr: (on 959,052 —-V. 175, p. 1225. further $499,058 - 10,122,081 ;___ FINANCING at 1953 expense Intangible 1952 18,265,003 PRESENT TO Corp.—Split-Up Ratified— a sales Net ' income Lease 1950. 1953 an Act Company 60,000 shs. President, approved The 50c Operating scheduled month Six Months Ended-June 30— Income from oil interests- com¬ profit ♦Earnings Miller, Plans Two $190,708,541 $162,690,207 and income EFFECT $5)— (par will 20 of Net Oceanic Oil Co.—Reports Loss— '•"/• Subs.)—Earnings— •< foreign it constitute Investment Oct: 3.'53- The $10,162,593 or municipal appreciation of p. the 3 Mos. End. Commission last May 1 authorized Northern to construct, but operate, part of the facilities covered by the application.' That authorization applied only to the-main-line facilities which Northern plans to construct during the first year.. Decision on the second-year construction plans, - as well as the allocation of the additional gas, was deferred pending further hearings.—V. 178, p. 1276. Net 178, which not to and unrealized would which under - Organized—• was State certificates.—V. below) for GIVING '• $24.51 assets feet Midwest. $ Net W. . Other Sept. 30— deprec. defined as Pacific Mills—Earnings Show Gain— share, for net day to customers in the adjuncts companies 952. p. have Federal per Total all and other of above. ' Commission commence business promotion operations any company Com¬ p. Edison hotel the in the ' 1952 by this company to build pipeline ultimately to transport an additional 300 million cubic Operating branches— afteT in engage stock Oct. on 142,- ol Ontario cents 43 investments. tion ' ' at share per of in outstanding. Holders of record of $277163,940, "while'shares outstanding amounted to 1476. . 178, Abandonments Sales, to Pacific Lighting Northern Natural Gasr Co.—Pipeline System Expansion^ The Straus/"by ./;%/• National Cash Register Co. 9 Months Ended engaging assist Robert the Ontario an *$24.09 equivalent appreciation issue of 59,800 shares an ($5 for program, can be completed without 1 assets was cost on Seattle, Wash.—Stock Offered— offering to the public par of 178, and value is at and Net • Indicated 1374. p. stock not —V. Ontario, 1953 Northern Illinois Gas Co.—To Be ai 856. p. on See Commonwealth ■ National Aviation Corp.—Net Asset. Value— : 178, CAPITALIZATION energy in its Southern the power would be deliv¬ ; - > to company 1940. bids Mohawk the this engage in the hotel business and allied businesses and in con¬ nection therewith to acquire securities of other corporations, but the use authorized has will Falls, N. Y. plans Commission approximately li miles of natural gas pipeline in area. Total estimated cost of the project is purpose thereof, electric of aggregate an Niagara 1953. of Authorized of from energy Power from Commission Commission $1.00 v 2011. p. 1983. kilowatt-hours Power 177, per sharei. No underwriting is involved. proceeds will be used to purchase hotel properties or interest therein, or securities pertaining thereto. The corporation was organized in Washington as of May 20, 1953 \ " regular quarterly dividend of 10 cents stock, payable Nov. 1. to stockholders of ' common 21.—V. and $0.90 share— Tne of purchase 1, 907,824 1,513,039 Calif., corporation common Operating - conserve phases of the expansion outside financing. / directors'have-declared The a The of investment receive 28 the Oct. 95,216 95,216 226,956 1,513,039 dividends.—V. Pacific Hotels, Inc., ... Pick that current additional in amounts Buffalo 1,127.601.—'V. Co», Chicago/Ill." stock -dividend plan will be discussed capital a at Ontario Sept. the secure for due presently receives electric . Outstanding ! $50,000.; .?'•; $50,000. * 12,000 shs.8,0<to shs. Straus ^ said' that a. at stockholders'- meeting--to- be. held on Dec. l;"It is being considered duaL purpose pr enabling stockholders who. desire-to do-so, to the (for Oct. on Y., N. bonds Hydro-Electric stated declared declared— common total a $992,800.—V. holders additional asset tax of program Mr. • to to up the to Mohawk V.'Before " this "Corporation accelerated in 1952 with the acquisition of The Maxwell Co., Inc., Miami, Fla. (May 31, A952), has made tremendous progress," announced'--Nathan 'Straus, Chairman of the-Board, on Oct. 14. • ' vr:-v• our applied AsofSept. 30— Straus-Duparquet, Iim:.—Expansion Progressin -expansion York, 164,000 $1,608,500 re- Sept.. Niagara Share Cbrp.-—Asset Value Declined— • "The record 428,000 outstanding Federal Earnings Net . , Nathan of Sub¬ stock system. Niagara Mohawk said that only after all commitments to United States customers have been fully met.—V. 178, p. 1374. >' " "" " * feet' PRESENT. FINANCING 1275. p. (EST) a.m. New mortgage Ontario Authorized •; •. Stock* 7$I 178, 11 St., kilowatt-hours during kilowatt-hours through July mission to r ■. *.' Common It),000 and is-located at T83G Exchange Building, • v...-*-- "v » .*"• _7 , 7' :• chattel —V. 28, will have a plant equipped with and sound recording equipment, lor handling-"approximately 12,000 printer?; capacity corporation's, office ... stockholders 324,928,000 970,000 and on duplicating. CAPITALIZATION • of •- company weekly combined Tenn. First Aug. processing Stock — common 1,772,500 1,888,689 — ered machines, aggregate Kodachreme phis, in' Tennessee picture film has transmit annually receives proposes to limit its activities company Corp. of Authority to Export Electric Energy to Canada to per Pittsburg, Common Niagara picture and sound track film, 10,000 feet of reversal fihri, 60,000 of feet w that developing, wita Incorporated rendering motion Initially; the to up Broad general taxes $1,460,689 preferred construct share will 15 Commission and was of purpose Gas & shares 337,118 common per income Pacific Gas & Electric Co.—New Construction— The 1162. p. Canada. work. m.ni. It ■ the services: to corporation energy de¬ a 1840, authority There interest. Electric the $40,000,000 Seeks requirement. BUSINESS—Company 1953, Room of 1, PROCEEDS—The net proceeds are to be used to purchase equipment costing approximately $40,509 and the balance added to working capital. related State corporation at pay the 5% per annum earnings after taxes and such non-payment, should net year, redeemable reach the York it to company per to -are sinking Interest unless fail bonds no to years, exceed earnings The entitled obligatory for the first interest net fault. will will not 178, Niagara Mohawk Power Corp.—Bids for Bonds— chattel mortgage bonds due Oct. 1, 1963, with 5,000 shares of common stock (par $1) in units of $1,000 of bonds and 100 shares of stock at $1,100 per unit. 1955. dividend—V. on a l-for-8 basis, 327,757 shares rwere subscribed for. The subscription rights expired on Oct. 5. The remaining 9,361 shares were sold for group account on Oct. 6 by the following underwriters: The First Boston Corp.; Lehman Brothers; Wertheim & Co.; and Merrill Lynch, Pierce, Fenner & Beane. (See details of offering in V. 178, pp. 1059 and 1162.)—V. 178, p. 1374. 420,000 yl.35 $0.64 sh. com. L7 at $30.62 V2 ^ 977,904 420.000 Laboratories, Inc. per preferred the $6,540,774 $24,377,200 $18,322,460 566,017 Picture — •After ; 15,704,760 1,476,156 . 'Earnings mtly offered taxes— Earnings per share —V. 178, p. &55. income Federal dividends 6,124,635 1,806,282 inc.— oper. scriptions—Of shares- capital Net Co.—Earnings— $8,240,850 __ railway for Common 117,305,438 1952 1953 taxes Net - Net income Common S Subs.)—Earnings— $36,836,795 $35,727,371 before profit Preferred dividends 15,077,933 (& sales Profit St. Louis RR.—Earnings— 1953—Month—1952 Products, Inc. Years Ended June 30— Net ' 14,000,629 income 7 (1571) $ Gross Missouri Public Service's are estimated to cost $676,012, of which $573,610 ■would be for transmission facilities subject to FPC jurisdiction. Missouri Public Service said that the gas would be resold in the Clinton area, with some being used as boiler fuel in its electric gencrating plant at Clinton. The company estimates its annual firm demand at 241,803,000 cubic feet in 1954, increasing to 399,107,000 cubic feet in 1956. Interruptible requirements are estimated 1,727,367,000 cubic feet/ per year.—V. 178, p. 570. $6,450, stockholders " Priced at $13.75 per share, the offering was managed by a First Boston Corp. group. See also V. 178, pp. 1374 and 1275. hearing gas ■ »/ Number 5267... The Commercial and Financial Chronicle proposal .. " „• „ contemplated plan -' • » * companies announced > - involves: '• ; * be called Philip Morris-A Co. to acquire all tlte assets, both tangible and intangible; and assum* all the liabilities of the two present companies. > ' • 2—Common stockholders of both Philip Morris & Co; Iitd.; Inc, and Benson & Hedges will receive one share of common stock in 1—Formation - of a new corporation to 1 '8 (1572) new The Commercial for company .shares of each share held. There at are present ally, 2.448,121 Philip Morris and 438,428 shares of Benson & Hedges outstanding. • Holders of Philip Morris 4'.v series preferred stocks and 3.90% series preferred stocks would receive identical preferred stocks in the new company. There are 185,854 shares of the 4%, series preferred stock common 127,996 shares of the 3.90% treasury stock. 3—The board of directors Morgan would in the Parliament A. Bache & Bacon, Hedges with F. Cullman, would Jr. - III Other in posts would the the be basic the to division. 6—The the "Va., at and in Benson of Philip by the by Fifth & Ky., Morris Board Morgan Ave., New York. Stanley con¬ Hulen Bayou field Benson C. both Philip C. operation by in Richmond, Hedges facilities & Sand gas Paine, & Oct, board • and 19, Hedges unanimously 22. These completed analysis the of situation du & rate of day on per discovery perforations, 407 barrels test a of through 14,549-581 well of east gas distillate the No. The 2,500,000 well from company holds a 3,600 acre discovery well.—V. 178, p. 1277. block around this Sons Hallgarten & neW Harriman Stetson Stone 20,000 Co._ & 4.000 Ripley & G. Street Fund, Inc.—Asset Value Off 2.08%— As of Sept. 30— Het asset value per 'After paid in allowing Jur.e $5,701,132, of for the this which 30 cents Total year. was 1952 *$13.76 assets net applicable share per to of as 414.425 capital 30, of Sept. on 1953 Period End. Sept. 30— were capital $ 8 G. White & offered to serving Co., Pittsfield, purchase stock Mass., announced Oct. on 19 Federal Co.-— > defer. for The " INCOME 1953—12 Mos.—1952 . 129,406,215 16,655,952 23,239,496 Operating Other ' I Gross Price Mercantile Co., St. Louis, Mo.—Files— 23,311,249 388,256 433,759 company Oct. on filed 20 covering 11.750 shares of key employees at $25.50 letter a of stock common notification (par $251 176, share.—V. per p. with to be the the 25,510,981 23,699,505 6,816,671 Service Electric & Gas Net to 7,043,135 35,661,473 10,093,950 income Co.—Stock Offered— stock and mon net from mortgage bonds the will be the sale of this additional used 'Earns, June 15, 1954 and to pay PROGRAM—As of Of these amounts of 145,000 Station kilowatt and installed $23,300,000 capacity being one turbine-generator Burlington Generating at sion of the gas the installed of of Station and company, an operating This at in turbine-generator Generating capacity $22,130,000 the the company 12 months alone ence shares June 30, $223,107,543 the on stocks to $2.13 per share common mon ended were $25,438,595, equal after dividends the rate of 40 for to and 1953 and preferred the on the on cents common share a Refugio, expan¬ tion utility gas operating net and average 1954 and GIVING mortgage EFFECT bonds h 2|a • TO series due mortgage are currently PRESENT /, series 5% series series due due due 1980____ J—— 2037__ 2037 Debenture bonds: 0 3/ well DeBaca, being long-term debt due 1962 (5% )__ Cumulative perferred stock ($100 part: $1.40 div. as pref. rnmLn5 stock Common 'Closed mortgage (no stock tff-. said. 15,000,000 71 250.000 mill. The 25T45.000 30,000,000 strip up of wildcat aqres been the Roosevelt and encountered corporation's tons of which finished increase products immediately is for < in • cold to inch. rolling 48 be installed mill inches skin The be will wide mill gives fine a to surface . high •skin the to 45,000,000 40,000,000 I electric stainless steel is This 18.194,900 372 000 has 53 shs. 249.942 shs. the made made 250,000 shs is at the ducers of Since sion steel made third major expansion in stainless 1946 steel Republic and program in recent plant also 9,163,386.8 shs. by to compliance the with u first and applicable $5,000,000 the refunding provSms principal company. Sin- -y the trustee and UNDERWRITERS—The underwriters named below and the company has agreed to ingot tons, in the has has the the sell to severally them sever¬ 822,421 $0.19 $0.84 These ^ annual announcement tional share authority shares for ...Donald loans and four to to steel the from finance stock President, of new the New York The First from the for said he the financing ■ 1948 pro¬ its on . expan¬ 8,600,000 to 1513. assembled 21 from existing an said other no TV any "it firm was is even : • set color to $16.76 assets for $17.83 $635,558 were Co.—Plans $250. $17.85 number and of facilities Expansion— hearing will commence Nov; 4 on two involving the construction, acquisition company, in Georgia. involves is proposing construct to estimated cost of $66,800; an Southern's line, proposed acquisition of consists of about 5,800 feet which extending eastward from Southern's Macon line. about $13,852 for the facilities. This application pay for line tap site would be the and located for sold abandonment, for about the sale mile a of from $9,429.—V. 178, sale by its p. Atlanta, to portion a the of Macon old line. tap 1375. Pacific Co.—New Appointments— of John B. Reid announced was time, same Mr. Vice-President, with headquarters by D. J. Russell, President. \ as Oct. Rus.sell 19 Assistant as the to the announced appointment of Robert with headquarters in San President, ' and Plummer appointments The title will in from present positions of financial office in New railroad's become / . advance the to are Vice-President at the V. 178, time of in his effective Charge death of last Nov. 1. held Finances, August, has by been John G. abolished.—* 1277. p. Southwestern Bell Telephone Co.—Sell Stock— The company has , Co., ($100 to sold its parent, the American 700,000'shares of common , Telephone & share). per The parent.—V. additional an proceeds 178, used were to repay' advances stock at par from received the 1375. p. (A. G.) Spalding & Bros., Inc.—Secondary Offering— secondary offering of 35,961 shares of common stock (par $1) was made by Smith, Barney & Co. on Oct. 20 at $13 per share, with a dealer's discount of 85 cents per A share. of .one New offering addi¬ new York, can be of . bank --.This SEC Los for its the Investments Angeles, an of & United has Can given stock consists of a Inc.—To Part Sell 10,500 company has applied { the to with & respect to its proposal to sell all Glass Co. to Hunt Foods, Inc.; an<| interested thereon. at Securities, investment order hearing Foods closed. books " Calif., a Hunt the - exemption holding and 2492. Commission Can to oversubscribed was p. Its Portfolio— request _ be. used .to .repay 176, p. 2167. .• It 175, Special Commis¬ 156,250 Corp:, r Oct. \ Gas Arkwright tap Telegraph Republic are .to. construction.—V. net Commission this Macon Reid The of - on President, ' of and Service hopes'the ' ' First TV — „ $16.37 Vice-Presidents steel modern basis Boston $0.45: (temper) 1939 178/ p. Public Y. produced because over 809,554 1164. N. Kaplan, convert sh. authorization York, Walsh financing. year. to York. Mr. mill rolling in stockholders on be 676,300- $364,107; - & White Unit— products L. 1,040,407 / $400,000,000 $10) to ever changed Assistant ■ thickness most capacity common (par held. common first the its stock shares Campbell, the proceeds to offer ; set plans pipe Plummer Corp.—Plans Stock Offering— applied to common previous W. before net of each underwrote The has company for electronic be to per facilities New At approxi¬ • ... and said.—V. of Rochelle, $9,581,301-., '602,100.', 178, p. Old Black an receiver.-Michael would Southern in mill - than more its ' $0.34 television Plant requests Both ~j Additions largest world. spent raised Rochester Telephone The sion made have 809,554 822,421 $103,056 tax refund.—V. application Southern's —V. bonds $689,546 measuring station steel ;and» imparts - stainless years. of one and 4,773,166 shs. $149,916 Natural 103/4-inch ;of where for commercial production. Massillon Massillon 10,262,000 plant, year v 1,291,646 Power other Atlanta's of rolling mill.will, be made at. Republic/has 17 electric furnaces. furnace is the only type of steelmaking furnace in which Canton, Ohio, The three of ; Redemske, $10,329,102 shares. Appointment stainless . 2. 1953—6 Mos.—1952 . 278,600 ' . by and Co.—Earnings— 1953—3 Mos.—1952 In one of the applications. Southern approximately 2 miles of 123/4-inch line at v>.* rolling rolling Nov. Sept. 30/53 June 30/53 Mar. 31/53 Dec. 31/52 of E. certain desirable physical properties for fabricating/ Stainless steel for supplying the new 7,537,800 Pen Francisco. minimum a owned Granholm 428,516 by sale by C. M. wideVcold shares ' share per record 762. Federal the. com¬ completed in capableof down 260,000 Shannon, cents of $4,665,442 pipeline of * - . a 10 151,700 to value 21 26-inch two a be and are of holders Chaves in , facilities to will to . — Southern drilling to the project of asset The New install a cold rolling reducing • staipless steel coils, cold anticipated ' - , 428,859 ever p. at • 178, . $5,028,671 corporation Oct. ^ ^ begin set month on its covered five-year 1958.—V. $277,159 color 178, A the rolling capacity a announced 1, taxes and in ,east-central block acre Oct. taxes. applications to the of presently a withdraw which 4, $975,000 : inc. Southern received Counties in 8,400 will steel plant were reducing stainless steel coils and 1/64 - 7,462.900 372 000 l mort&a8e- includes d by the trustee and held by 1,800 equipment It main 75,000,000 26,000,000 30,000,000 9,040,500 7,742,900 20,000,000 shs. issuance Quay, facilities Ohio, will auxiliary The 4,773,166 shs. par) 32,854 President. cold hel^by"hi Mm^a„p/mclpal am°Unt authentlc«^ agreed to purchase, by 15,OOo!oOO 500 000 shs tUnlimited, subject the of dividend a to Messrs. Sept. 30, 1953, total shares outstanding 38,832. ' . properties corporation's-purchase mately 18 months. (n0 pan further steel White 250,000 shs. (cumul. . the on also of new 10 000 000 series com. L *1? ^ n mnnnf fma for and 18,195,600 The 551. p. install Preparations ' 58 shs. to 167, pany's Massillon, 249,942 shs. -*rS jrieS~7 have miles 50,000,000 70'SeiRpHpV Ina'// ? three to stainless - White, ' 4 Unclassified v - the of one Republic Steel Corp.—Adds to Rolling Capacity— Outstanding 50,000.000 40,000,000 1998 Misc. n Guadalupe, shows Gas within County."—V. com¬ the „dU!; ko"* 6 ,v due was With¬ Southern Industries Fund, Inc.—Asset Value— southeast New Mexico, said: "The recent oil discoveries in Chaves County have resulted in increased leasing activities by many of the major oil companies in and around the area of the corporation's acre¬ age," he state. The Reiter-Foster acreage is located throughout Chaves, 15,000,000 (newi__ plant commenting 15,000,000 1972 1983 in 1$55,000,000 850,000,000 series due 1979 Series due 8% due Mexico. New due Nov.:*' 16 applicable At $80,250 after payment of a' contingent retainer attorneys who had conducted the litigation. Brown, Mexico. was FINANCING not manufacturer first —V. , bonds: 1965 in acres will Sept. on engaged in this kind of work." ' reported the sale of its gasoline plant purchase oi two-thirds undivided interest absorption SEC declared Set Made from first the company receive will Curry, $2 g09 Q00 refunding series 2,4% the . stock due 3'/4% series due 1968 3% series due 1970_______ 3 were 21 the and report, press stockholders 3ightmaster Corp., New Net two-thirds undivided interest in quarterly. 1955 and 3Va'/r dividends which on and prefer¬ number of 15 officers, income capital This • Corp.—Buys Wildcat Acreage— Oct. on Texas gasoline Mr. reve¬ income dividend Authorized lien prior tFirst 27—The Oct. Bonds wildcat 32,854 Plans CAPITALIZATION *5% shares a the debentures payable profit Color .7,578,252 , by Reiter-Foster as a result of a five-year > litigation concluded last January. The sale price, according to Lee Polk Brown, President, was $107,000 on a $2,500 monthly installment basis, of which the corpora¬ being outstanding during the period. DIVIDENDS—Dividends paid at of Inc.—Statement 572. black-and-white Corporation's electric most EARNINGS—For of ,8,363,941 -*--- number average corporation The Kearny kilowatt to with fund stock, is 'Gives effect . —-•'■ ' Reiter-Foster Oil densely populated and heavily industrialized areas in New Jersey, including most of the State's larger cities. Population of the territory served with electricity or gas, or both, is over 3 900 000 Through a subsidiary the company also operates local and interstate bus transportation systems. nues the $2.09 Sept. 30,'53 Sept. 30,'52 4,772,079 4,810,643 stock common 19. Co., common Sheaffer before As will be spent during one at 185.000 distribution system. BUSINESS—This serves applicable to are to Oct. on , p. A.) Number / 2,881,507 $2.01 3,911,750 1; 6,000 recently share) have all been per Oct. stock ' and 178, for Net will up to 11 a.m. (EST) on Oct. 27 receive bids at its office, 80 Park Place, Newark, N. J., for the purchase from it of $30,000,000 first and refunding mortgage bonds due 1983.— V. 178, p. 1374. June major portion of the balance filed sinking dividend .. is 1954^^ j. preference stock on Bids 30, 1953 the company's to approximately $91,084,000 of which applicable to its electric department and $29,453,000 to the gas division. The company estimates that between $40,000 000 and $45,000,000 has been or will be expended during the last six $61,631,000 dividend 'Based amounted program $1.40 share com. ^ program. CONSTRUCTION 1,426,349 Sold—The preferred previously had waived their right to receive dividends for the Prov. 6,749,443 12j754,222,,Ul,268,414 8,523,255 $1.48 —_ Name—Expects above. ($25 on according offering directors Profit ,22,934,587 2,035,223 6,706,453 outstanding— $1.40 -Common com¬ portion a 9,722,365 2,302,413 per Shares public sale this week of $30,000,000 the company to pay before maturity by 5,060,425 300,000 200,000 Corp.—Stock Earnings per share scheduled $30,000,000 of bank loans due the cost of its construction construction dividends paid.from 5,023,208 -•}. Co. Share— per Hardware /.Period End. Aug. 31— Net'sales common Balance ' proceeds 1,646,341 & statement common 1953.—V. 33,387,850 10,453,263 25,567,523 ' 2,195,098 16,656,370 1,646,324 — Common the third offering of its common stock months, public offering of 800,000 shares of this company's common stock was made on Oct. 21 by a group of 89 investment firms headed jointly by Morgan Stanley & Co.; Drexel & Co. and Glore, 'Forgan & Co. at $25.75 per share. The offering was oversubscribed PROCEEDS—1The pref. on stock 18 and the books closed. 18,694,310 dividends Preferred ^Representing -within _ ._ & 423,635 7. SEC offered 1062. Divs, Public income Look directors the The . 32,964,215 35,227,714 264,166 deductions Income Wells Rand & Co cumulative corporation, (W. (L. B.) The 500,000 & 300,000 • on . 25,982,243 25,246,815 income income Deetjen 1375. and announced was convertible who they have of this 100-year old utility company surrounding territory.—V. 174, p. 106. 500,000 Meeds & Co. Manufacturing Co. 5% proposed The 21,343,057 27,823,328 19,842,717 $750,000 Bissell Servomechanisms, Inc.—10-Cent Dividend— 762,303 (VV 740,418 21,377,803 : Co Mullaney, 750,000 . 1514 pp. Acceptance of i , 209,695,730 • income — . Co & Emanuel, 1,000,000 178, bonds: E & 1277. p. s e Fed¬ on taxes series Laird, & Burkart registration the * taxes Other of drawn— 2,500 138,865,208 16,881,036 V. Segal 8,000 97,011,121 104,569,841 —— of 1277. p. that control and & & Co._:——I——— 156,821,039 225,918,049 168,815.913 —_ expenses income taxes— eral Co.—May Change Control— Inc., revenues Operating $ * type addition The offering was underwritten by Cruttenden & Co., The First Trust Co. of Lincoln, Neb., and Wachob-Bender Corp. See also V. 178, 2,500 OF the in have-severally k&reecl respective principal Cooley 1,000,000 Co.. (F.) sold, it 15,000 Co.—— Co.— 1953—9 Mos.-^l%2 stock Prov. Pittsfield Coal Gas STATEMENT it program .* 2,500 & Yarnall $8,000,000 offered to the public at par 8,000 Struthers Wood, 6,000 approximately. H 20,000 Co Wood E. to the in Hirsch Marks Securities 6 Vr approved a change in the terms of public offering reducing the sales load from 2% to 1%-.—V. 178, p. 761. J. 10,000 —________ Witter & Harold 6.000 COMPARATIVE _ Operating stockholders Co. & Winslow, Douglas & McEvoy 20,000 & C0.__i._7__ Illinois dividend outstanding. The Hutton E. The Weeks... & Co.__ $14.36 gain Sept. shares & Hutton F. W. 1953 share Dean E. Weld & below basis, $1,700,000 Co. & M, shares 4,000 Walker & Co.7—— H. below, Pay Dividend of $31.50 . 20,000 — Whfte, Hornblower Pine 6,000 2,500 Corp Trask.. & Co.*—'. 10,000 Anthony & Co.— 10,000 Securities,.Corp..--- 20,000 Van Alstyne, Noel & Co 2,500 Hayden, Miller & Co.4,000 Hemphill, Noyes & Co._ 15,000 Blair also See , Union 20,000 ——_ to Tucker, 2,500 Co., Inc. 2,500 Spencer 6,000 this Second Street Liquidating Corp.—New 6,000 . Inc..-— Co., named 1,000,000 See Webster Securities & forth Francis I. du Pont & Co. Co.i—' 20,000 Corp of 1953 to and, July 31, amount 10,000 Co.—— Scribner_ & Securities & Stroud 8,000 Co.___ Agnew & JVilliam R. Staats & Co— 4.000 2,500 :___ & Barney.* & 20,000 Corp Co & Smith, 1 leases of Reid Garrett Deane 2.500 ;__ Shuman, Singer, to account on commitment 2,500 Co.— Co.————— & 8,000 8,000 . Company Boston Shields 15,000 Corpl, Hallowell, Sulzberger & Co. Frio A feet, The & Co... Goodbody & Co Granbery, Marache cubic choke Pont Co.___ 4,000 & that underwriters firm a Co. 4,000 Scranton on ______________ Reynolds Pomeroy, Inc.—— Scott, Horner & Mason, Inc. W. estimates Securities Laurence 8,000 Chas. Corp^ FINANCING—Construc¬ incurred from estimated are through the sale of securities, determined, approximately $8,000,000 set William & Hutton be to or 1954 finance purchase Corp. 10,000 Co.— & Schoellkopf, Securities bonds E Equitable 2,500 — —— 8,000 , Goldman, Sachs & Co 1 Chocolate reserves. and 3/16th inch a its at Rite* 2,500 15,000 2,500 Gardner & to been amounts 2,500 Co.— & Co Reynolds & Co.. Noonan Dominick___- & First Robert Pressprich & 2,500 & The W. Reinhoidt Townsend. Inc.__ Ferris Putnam 2,500 Bodine & Bretscher Estabrook 390. p. wildcat a & Equitable Securities Oct. on R. to 15,000 Piper, Jaffray & Hopwood. 2,500 6,000 PROGRAM—ADDITIONAL PURCHASERS—The & '—_ Curtis 10,000 . Jackson 2,500 Francis I. directors of Webber, Equitable a group . 6,000 — by due< bonds, mortgage will be which to the and the common stock just recently offered, the balance to be obtained from provisions for depreciation, retained earnings and short-term borrowings, 2,500 — Co.— headed 31, company not series 4,000 Newburger & Co Ohio The 20,000 The Dec. required has Merrill, Turben & Co first offering to the $18,725,000. 2,500 Beane_ 8,000 Co Crouter Dixon & 3%% expenditures incurred including 6,000 — Co & $8,000,000 Sold—Mention 19 of the 1? 1983, at 102.738% and accrued interest by underwriters tion Pierce, Fen- Lynch, Co.—Bonds issue of Oct. our CONSTRUCTION & 8,000 2,500 Corp Inc 10,000 Rhoades of >/ Power & Monday, October 26, 1953 ... The offering was fully subscribed and the books closed. Further details follow: " 2,500 Corp.— Loeb, 6,000 Collings & Co., Inc._ Haven De in Clarke M. ner 2,500 Co & Burr, Higginson McDonald-Moore 2,500 Dodge & Co.____' Richard W Davies of & Dominick financial 178, Clark 20,000 Co._— & Langley & Co.__8,000 Merrill . Sons Kohn of 8,000 2,500 W. Clark, division Hedges & the by County, Texas, five miles Phillips holds large oil and where at .the of & Peabody & Co.— E. Oct. 2,500 McDonal,d & Co. Co., Cabell & Co— Brown Coffin located are on Benson a & continued Y.; are department heads in the Benson Y. N. of Co.—V. & be meeting of consideration company has in Galveston feet & * 2,500 Laurence M. Marks & Co._ 20,000 _____ Sullivan 1 Fulton, flowed 2,500 & Co., Inc C. public 2,500 Hewitt... & Co.— 6,000 National Corp Central Republic Co. (Inc.) Phillips Petroleum Co.—New Wildcat Well— This Co,_ Central such City. facilities leaf unanimously special a Directors York N. company and as Benson facilities Yonkers, at of tHie would and serve and Morris approved to New research Hedges either in the .officers of and was followed personnel that continue office Philip Manhattan proposal actions 600 company. Louisville, The The manufacturing, new being affecting intention Hedges would remain Morris the is & Hedges would moves It Benson Carl E. cigarettes templated. & Inc Alex. Lee Simmons____ Blyth Branch, W. 2,500 Whelen Bosworth, Richard 8.000 Co Kidder, 8,000 Baird & Co., Inc. & Ellis & Morris as a separate division of the Philip Morris sales organization adding line of tobacco products it distributes 8,000 6,000 W. — Janney & Co Jones, Kieeger Kean, Taylor & Co 4,000 Weeks & Co., Barth Biddle, company. new Co., Inc.__ Blunt Vice- a Philip and Co Baker, McComas become of Allyn Robert Chairman and Lyon would officers C. J. operate present 50,000 50,000 Whipple & Co company. same Co Co._,._______ Light made in was Shares Forgan & Co.______ 50,000 including would be Co. Ltd., company promotes. 5—No & & company and of their assume 4—Benson new Joseph new & & Glore. composed Inc. and new Messrs. members. Stanley Drexel Financial Chronicle Rockland stock: common series preferred outstanding, company, respectively. Joseph F. 1 Cullman. of the Executive Committee on which be additional Shares the present directors of Philip Morris & Joseph F. Cullman, Jr. and Joseph F. Cullman, III, Executive VicePresident of Benson & Hedges, Alfred E. Lyon and O. Parker McComas would continue as Chairman of the Board and President of the new President of the of of would in the respective amounts set forth below, an aggregate of 800,000 shares . and and Special shares price of $11.50 persons a until Investments' of its share. Oct. 30, holdings common stock, According to 1953, of to to United be sold the applica- <u. r . Number 5267 Volume 178 of shares Delivery Foods is purchasing from non-affiliated sources 16,754 United Can stock at $11.50 per share and, in connection made an offer which expired Oct. 9, 1953, to purchase up Hunt tion therewith, Lockheed Aircraft by Europe coast 83,246 United (1573) These 20 1955. to additional shares of such stock from the other stockholders Can, including Special investments. The latter proposes to offer its holdings of United Can stock to Hunt Foods upon issuance of the requested exemption order by the Commission.—V. 177, p. 984. to of • The Commercial and Financial Chronicle ... coast. to ' be used to provide as • Corp. is aircraft will new well as scheduled for the spring of ' • Mr. international flights TWA on TWA's fastest, most ' • .TWA had previously announced it was purchasing eight model 1049E Constellations? with an option for 12 more. The present order, is. a culmination of the original purchase plan. Approximately $45,000,000 is ( involved in this acquisition which extends TWA's lead as / Super (Indiana)—Purchases Additional Land •To make up for acreage lost to refinery use because of recent .< Mississippi River levee and Federal highway projects, t ds company has purchased a lowland tract,"of about 350 acres from International Standard Oil Co Co. Harvester refinery struction or acquired. , distribution A mium of at account on of $382.80 per of rate the reducers such 'The distribution. . distribution and must be accompanied by deferred the July 1, 1943 and subsequent coupons. directed to the fact that on and after Oct. 19, 1953,. lating to the above is Attention „ on the transactions in said issue will continue to be $1,000 original principal amounot of notes.—V. 158, p. quotations basis of and distribution account on 1676. ^-• distribution. Accordingly, s Securities on the Oct. to .the directed is Attention quotations the and certificate the of 1676. p. that fact American Stock above referred corporation covering ($100 continue to be made on of debentures.—V. 158, . . filed 16 letter a notification with the of shares of 5% preferred stock to be offered at par and 15,000 shares of common stock to be offered at ($5 per share). The latter is to be offered only to purchasers of preferred stock at the rate of 10 shares of common stock for each share of preferred stock purchased. No underwriting is involved. The proceeds are to be used to buy plant and for working capital. On the same date, another letter of notification was filed with the SEC covering 10,000 shares of common stock (par $5) to be offered to employees at the average cost (now approximately $3.71 Vi each). The proceeds are to be used to start new plant at Clarksdale, Miss. of filed was shares market (approximately 45 cents per share) Depicted in New Roll of Thompson Products, Inc.—Is Engineering Specialist— This Ohio, Oct. on members Addressing the future, J. D. Wright, at the Tapco plant in broad industries of security analysts, specialist to the President, told visiting Cleveland, parts engi¬ automotive the to neering Federation National the the company's ranging from also' emphasized development in fields of advance with of copies neai a brochure how results of Thompson's widely diversified research development program have transformed both the character of showing its potentialities lor the future. addition to describing projects for motor In . the tells brochure .from Wright described Thompson Products, .-.Mr. lor and 1953 as with vehicles and aircraft,- a total year-of forced-draft production sales headed for a new record in year parts come as also is great of life. Thompson will have a lower volume of aircraft business next year, not so much because of recent Air Force cutbacks, but because the the " ; . Total for sales should earnings undertaken load defense national ■■-year. • period five-to-seven-year production high 1515. additions to used purchase Pipe and improvements and and' purposes. other for purposes.—V. corporate general 178, ' ■••• Corp. — Algemene Arnham, Holland — Reports -Rayon. Manufacturing N. V.), Earnings— ".%••. reported to stockholders on Oct. 20 that total net corporation income tax, during the nine months ended Sept. 30, 1953, exclusive of miscellaneous income and losses, was more than 30%. higher than in the corresponding period of 1952. i The report stated, however, that due to an anticipated increase in the tax liability for 1953,-total net income after deduction of esti¬ mated corporation tax for the first nine months of 1953 would be about corporation income, the before same that as comparable period the for of 1952. be program the by company its reached the at scheduled peak ; Ordinary shares of A. K. U. are, under arrangements made earlier this year, exchangeable against American Gross of an ordinary share. during the first nine months of 1953 sales florins, or sales florins, tax, totaled 134,000,000 1953 were 48,000,000 Sept. 30, florins, or $3,700,000.—V. States United - Buy Stock—Employees of this — the company concluded, announced on Oct. 22.—V. 178, p. 1376. Securities Corp.—Assets Up— value asset ■'Net pfd. first per valUe 1951 $ 87,213,482 101,846,735 assets—.-' net asset Net 1553 30— Sept. 1952 $ of per common 94,760,869 $1,018.00 $88.17 ferred Total 30— ajssets--! $250,000,000, and net asset ^Net j value 1 I . $327.80 Wright Mr. of up any of which 7 For $9.17 United States Lines Co. — Earnings Decline—To Omit Common Dividend— ' John dated profit, for of 1953 reported President, Franklin, M. net months nine that estimated the consoli¬ the company and its subsidiaries for the first amounts to $4,933,333 after provision for Federal earnings are equiva¬ lent, after provision for preferred stock dividends, to $3.25 per share on 1,502,626'outstanding shares of common stock of the company. In the same period last year (19521, the net profit after provision for taxes and subsidy recapture was $7,778,033, equivalent to $5.15 per tax and income of company's operated for a the some years lease He saw no likelihood manufacturing of giving properties,, seven basis. common funds in "S. the stated that with connection United States." S. are long-term Town Enterprises, Inc.—Files leases With SEC— notification with. the SEC covering 264,000 shares of class A common stock (par 50 cents) to be offered at $1 per share and 72,000 shares of class B stock to be offered at par (50 cents per share). No underwriting is involved. The corporation on Oct. 14 filed a letter of the „ .therefore, on the controversy decided common that stock of no concerning the purchase of dividend would the company.—V. States Millwork United difficulties the direc¬ be declared at this 173, p. 570. covering $20 at The ' , Trans This Airlines, World corporation has Inc.—Buys purchased 12 12 additional Constellations— latest model 1049E Super Constellations, raising the total of its most recent order to 20 —and increasing the, total TWA Constellation fleet to nearly 100, it •• : ..was announced Ralph S. , on Damon, Oct. 22 President. by -Warren Lee Pierson, Chairman and Corp., Seattle, Wash.—Files— Oct. 8 filed a letter of notification with the shares of class A or class B stock to be offered per share. Each purchaser must buy a minimum of 100 of each. No underwriting is involved. corporation The SEC net on 15,000 proceeds are to be U3ed for the U. Sold— corporation Cardiff to be Mining of the 20%. made paid of the States Plywood Corp.—Debentures Placed Pri¬ States Rubber Co.—To Expand company plant in on Oct. 23 announced use The -exparision is-expected to according. to Harry -E. 50%; rubber an Lastex Plant— expansion of its Burlington, which covers Lastex yarn with cotton, nylon and rayon 'anklets and short socks for men, women and children. for and & sale offering and sub¬ Milling Co who the 13 original Corp, stock. of purpose lor the this to company industry royalties on was obtained was paid cash will lessees who be are to scale of 10 to now date, 32 31, paid additional properties three number claims $1,000 sliding a to the Silver Shield Mining & Milling Leasing Co. for development. examination of the area immediately & claims shipments the of favorable felt it on and at a each located 33, of cost mile a $150,000. these of A claims and in royalties ranging from 10 developing the properties have the and 'Wild results have these AEC been this in most area, we purchased claims number 14 13 claims in this vicinity known 26. Negotiations are now in to for the purchase of six additional claims immediately process few the plus extensive bulldozer operations, your company as many of the 'Wild Horse' properties as hence Horse' of obtain to available, were aotivities increased showing of desirable holdings. This transaction will be completed days, thus placing in the company's possession claims adjoining within the next the most favorable district. "The company has also purchased five claims in the 'Pork Chop Hill' area with an option to buy 12 adjoining claims if so desired. These properties are now' leased and are being developed by The now The being "We show this on have in developed which Co. results found conducted has high a this count extensive of rsearch in uranium the in this area. commercial ore property. claims five obtained known 'The Big Chief' located less than a quarter of a mile from the highly productive Steen property in San Juan County. A nominal down payment has been made with the balance to be paid on a 15% royalty basis for the duration the to "A has of been are made also Oil V. & with 177, claims 14 on be as claims been have leased out for development. royalties over a ten-year period, LaSalle District, and negotiations Co. 15 % in-the them to another corporation, the name the completion of this transaction." lease to given these of Leasing payment, process will Three lease. Basin down in now which See the Great small upon 2683. p. Sales Western Division, Inc., Denver, Colo.— Commission— Files With Securities and Exchange The SEC corporation covering The to Oct. on shares 100,000 offered be proceeds at of cents 50 used be to are a letter of notification with the preferred-common stock (par one per share, without underwriting. to pay for advertising and merchandise. filed 13 Neb.—Acquired— Universal Finance Corp., Omaha, General Acceptance above.—V. Corp. 176, 1064. p. (The) Upjohn Co.—To Build Canadian Plant— The Upjohn chased Co. Canada, of nine-acre a wholly-owned a Toronto, in site Canada, for subsidiary, has pur¬ construction of a the Toronto office and a pharmaceutical packaging plant, It was announced on Oct. 20 by Robert S. Jordan, President of Upjohn of Canada. The plant is expected to be ready for occupancy building to he added. building, Mr. Jordan said, new In space. expansion V. the house summer, The floor 176, will provide 17,500 square feet of possible future the site provides facilities for building to a maximum of 200,000 addition the of p. square feet.-—' 1166. Generating Peninsula Upper for Plan Thrift The Employees (Utah company Oil 1419. With SEC— Utah Oil Refining Co.—Registers sidiary Affiliate Formed— above.—V. tl73, p. Cleveland-Cliffs Iron Co. See Place Co. above. (Mich.)—To Co. Privately—See Cleveland-Cliffs Iron Bonds Utah Oil Refining of Building Corp.), and Ucah Co. sub-» Refining of a and Oil and Standard Oil Co. (Indiana), have joined in the filing registration statement with the SEC on Oct. 15, 1953, seeking Co., of tration shares 13,970 the of $25 par capital regis¬ stock of Standard Thrift Plan for Utah and sub¬ owns 72.4% of Oil Refining.—- under the the accounts of and at the directions of employees of sidiaries. According to the prospectus, Standard Oil the issued and outstanding capital stock of Utah Oil, to be offered for purchase by the Trustee V. 162, p. 2552. Ute Uranium, Inc., Denver, The SEC corporation cent tone proceeds net on Oct. 19 filed Colo.—Files With SEC— a letter of notification with the 22,500,000 shares of common stock to be offered at. par per share) through Kamp & Co., Inc., Denver, Colo. The- covering are to be used to pay for mining and Vaca Oil Co., Inc., corporation The drilling expenses. thread. on Oxnard, Calif.—Files With SEC— 16 filed a letter of notification with the (par 25 cents) to be The proceeds are to be Oct, 50,000 shares of common stock offered at $1 per share, without underwriting. used for working capital. SEC covering Vanadium Corp. of America—Mill Capacity Up— corporation has started operation of a roaster lor ore bearing and vanadium, at its Naturita, Colo., mill, W. C. Keeley, President, announced on Oct. 20. Construction of the roaster, approved by the Atomic Energy Commission, was completed in 80 days by the company's 120 employees at Naturita. The third installed at Naturita, the roaster increases by 80% the mill capacity of the mill. .... The company operates at Durango, Colo., another mill which has This uranium established increase Cooper, the output of the plant almost sales manager of Lastex yarn the highest monthly record of uranium the United States. corporation is the world's in plant production of any ,. .. largest producer of vanacium, the largest producer of ferro alloys and a foremost miner and of uranium, the basic material in the atomic energy program. This miller Produces New Alloy—start of production of very-low-carbon ferrochromium in the W. Va„ plant of this corporation was announced on Oct. 22 by William C. Keeley, President. The new alloy is produced under a process developed by Societe D'Electro-Chimie d Ugine of France. It is The Graham, used The of offered company ten-year lease on a 13 $147,000 The several in out Oil thorough a Horse' of i "Because general corporate purposes. vately—The private placement with institutional invest¬ ors of $5,000,000, 20-year 4V2% debentures, series D, due Sept. 1, 1973, has been negotiated by this company through Eastman, Dillon & Co.—V. 178, p. 858. N.' C. released terms was Uranium S. shares uranium leased Basin original payment second United its for 1515. ' opinion .United < be to the of the directors these uncertainties and make it aidvisable that The company's cash be conserved and In The spe¬ purchased stock. freight situation has seriously de¬ teriorated in recent months with no relief in sight and that the water¬ front situation on the Atlantic Coast is unsettled with grave possibili¬ ties of strikes and other difficulties. He further stated that the Gov¬ ernment is withholding several millions of dollars of the company's shares with renewal rights. company's floor space requirements will be to come.—V. 178, p. 1101. these that are major 16 on part most Indications improvements. to estimated subsidy recapture. These Franklin Mr. considerably higher than this year because of the of the excess profits tax, it was stated. in the company's net assets is being achieved. by fast amortization df emergency facilities and leasehold the are the Increasing said, of write-offs of the in been 'Wild balance $310.95 $11.48 $287.68 $8.63 first pfd. share— common share per •■'After deducting the value in liquidation of the first and second pre¬ of $36,075,000.—V. 178, p. 246.'-• , building move . Great the of the Corp.—Assets ferred stocks in the total amount increase important this of 1,000,000 Continue making as down $80.98 anticipated expiration An west 1953 1952 1951 $57,535,405 $65,559,085 $62,189,005 , Net asset value per being p. Upper Peninsula Power Co.—New States & International Securities of Sept. time more have the ' deducting the value in United then $947.61 $872.13 $73.31 share share liquidation of the first and second pre¬ st™,vs in the -total amount of $15,000,000.—V. 178, p. 246. '■■After All present equipment. from first acquisition was the purchase of 13 claims, Horse' claims number 1 to 13, located in what is Dripping Springs area, lying approximately nine miles Temple Mountain. These properties were obtained for the "'After next As the will is According to the all of this stock the to adjoining these claims, Employees corporation and distribu¬ stock, under a special offering just common new stock sold. 1953, for will $200,000 and See products have purchased 33,200 shares of its its of to Rubber electrical 'Wild and Co. 178, p. 1515. Corp. Conditioning Air S. the of of 20% cent) or 14,000,000 was tors, be south sum equivalent to $12,600,000; net operating income was 10,100,000 or $2,700,000, and total net income, before corporation income florins, all been interests United $35,200,000; to $8,900,000. during the quarter ended florins, Gross by the shares net operating income, 27,800,000 $7,300,000; income from affiliates, 6,000,000 florins, or and total net income, before corporation income tax, 33,- equivalent addition U. and company's as as l/20th each florins, net should 1954 than outset of this 1 early "The known of company representing the short re^ort to stockholders, said assigned and Mayflower United Kunstzijde; Unie, share market for Thompson's automotive replaceseen for next year and a number of years to volume of new cars produced in recent years increasing the the reaches corporate such'"purposes, p.'. in estimated is 1954. steadily ment v this taxes before in $9 A general As the neighborhood of $30,000,000. but after taxes of some $20,000,000 net earnings are expected to amount to between $7 and $7.25 per share on the 1,304,812 common shares outstanding as of Sept. 30. The company is forecasting a 10% increase in auto parts production in 1954 despite indications that passenger car output will be off 15%. This optimistic view is based on plans for marketing new automotive products and getting an increased share of existing markets: The value of the company's sales to manufacturers in relation to vehicles produced has risen from a prewar figure of about $2 to between $6 and $7 in 1953, and is expected to reach between $8 Profit • for' property and be will sale debenture $300,000,000. of excess of Pipe Gas Pipe Line will use the proceeds of its debentures sale for property additions and improvements, to re¬ imburse its treasury, in part, for expenditures heretofore made for the company's penetration of new fields ranging the operation of an atomic energy plant. the of United's of and by the acquisition of properties in the productive area, to initiate preliminary development of these holdings and to then release, them, together with the neces¬ sary operating machinery, maintenance equipment, and commissary lacilities, to other corporations and individuals for further develop¬ as of debentures other and product to household a Line's and company to SEC $25,000,000 1973. Total De¬ , , presented were due Financial and specialization in research "piston pins to nuclear energy." Visitors ifstie and sell Other stockholders by its output anklets gratifying. Approved— authorization to issue and sell sinking fund debentures due Line Co., was authorized to United $10,000,000 of its 5% sinking fund debentures received United subsidiary, United States & Foreign of velopment, Gas Corp.—Financing cwporaliop has bidding "Its two-story machines Corp.—Stock June, exchange is, known 7 competitive 14. Analysts, Mr. Wright discussed Thompson's current operations the bright future he sees ahead for the company. A. T. Colwell, Vice-President for Engineering, Research and and at 1973. tors going through a rapid evolution from and aircraft industries to the role of is corporation maker Tnis . the with stock (par one 622,934 common over tube "reducers-are giant 800,000 SEC on Oct. 15 covering cent) to be offered at the through Petroleum Finance Corp., Oklahoma City, Okla. The net proceeds are to go to the under¬ writer, who is the selling stockholder.—V. 176, p. 2440. notification of advantageous are scheduled for delivery shortly by the E. W. Bliss Co., where'the machines are now under construction. ^'Completion of the facility including plant and equipment is esti¬ mated for-early 1954.—V. 175, p. 2492. The $1,600,000, Okla.—Files With SEC— Texo Oil Corp., Ardmore, letter tubing procurable. This par A fore It date, and in known - corporation will operate the plant for the Navy. The higher strengths, closer tolerances and superior surface finishes of. formed for claims of equipment two-story addition.—V. 178, has dated obtained present ment. _ . 1,500 share) per Oct; on , Minn.—Files With SEC— Strutwear, Inc., Minneapolis, The SEC on transactions in said issue will $1,000 original-principal amount of 1 . other types of tubing. These advantages-will help to reduce costs in fabricating end products for: military -application, and in some instances, make available eoid finished tubular products and constructions not hereto¬ subsequent coupons. and after Oct. 19, 1953, 1944 and 1, and basis •' compression !* Proceeds continue to be dealt in "flat"; and to be a delivery in settlement of transactions made on and after Oct. 19,. 1953 must be stamped with a legend relat¬ ing to the above, distribution and must be accompanied by deferred • 'The tensile this SEC further | Exchange rules that the debentures be quoted "ex" the to distribution on Oct. 19; that such debentures shall interest the corporation's to provide tubing for manufacturers will also be able to turn out material the new plant items, the manufacturers December. plant. Uranium of the scribed die- purpose " Committee the special . civilians. lor per above the be United $1,000 debenture is being made to holders of 20-year 7.%sinking fund gold debentures (stamped 4% ) due Oct. 1, 1946 upon presentation of such debentures with deferred interest certificate and Oct. 1, 1944 and subsequent interest coupons attached to The Hanover Bank, New York, N. Y„ for stamping thereon of a legend relating io $139.88 will defense interest at the rate of and principal of with Inc.—Distribution— Stinnes Industries, (Hugo) A and certificate foot plant square rocket and JATO bodies. 'Although primarily intended ^Accordingly, the Committee on Securities of the American Stock Exchange ruled that the notes be quoted "ex" the above referred to distribution on Oct. 1)9. 1953; that such notes shall continue to be dealt in "flat"; and to be a delivery in settlement of transactionsmade on and after Oct. 19, 1953 must be stamped with a legend re¬ interest 96,000 a spars, . I. the by eluding large propeller cores, landing gear braces and struts, helicopter of R. in "As and this Bureau of Aeronautic? will sponsor the facility whose used in the production of numerous military items in-■ Navy tubing Hanover Bank, New relating to the above subsequent interest coupons attached to The York, N. Y., for stamping thereon of a legend of early in 1954. It is being built alongside present plant at Wallington. ■ principal, interest and extension pre¬ $1,000 note is being made to holders- Navy in covering Providence, S. modern, a early designed circular, completion gold notes (stamped 47.- I due July 1, 1946 upon presentation of notes with deferred interest certificate and July 1, 1943 and 7% S. largest the cially to in^pEuT°0r^0ra^0n °n machinery and two new giant tube reducers (believed to be' of their type ever designed) as well as additional tube of more conventional sizes, the new facility is scheduled for making Corp.—Distribution on Notes— Stinnes (Hugo) Oct. 22 by the U. announced on was of finished U. Reducing Corp.—Signs Large Gov't Contract— $iu;500,0d0 naval industrial facility is now being built at Walling- consisting „ sell part of the tract and lease, may in the world. At present, TWA the United States and overseas as Tube ton, N. J.,' it corporation. purposes.—V. 178, p. 1376. part of it for farming . . . indicated that the company He be 60% L of over shipped Carolina and almost S0% is shipped to southern Construction wH that is manufacturers 78 Constellations across India and Ceylon.—V. 178, p. 391. far ,as A 17, H. E. Cotton, Wood Rivera said that Standard is not planning any con¬ of its present plant lacilities on the tract manager, expansion operator operates • ... , purchase on Oct. the announcing In (ill.) • - - . Constellation largest stated plant installation , the Cooper Burlington luxurious service 9 in the manufacture of very-low-carbon 0.03% ) which are designed stainless steels (carbon especially for use whera encountered. To manufacture the alloy, this corporation built a $3,500,000 addition to its $8,000,000 Graham plant where ferrosilicon, silicon metal, aluminum-silicon-iron alloys and chromium-silicon alloys have been produced since last November.— content severe V. less than corrosion conditions are 178, p. 670. (Continued on page 47) x 10 The Commercial and Financial Chronicle (1574) Dividend announcements tables. In first Federal grouped in two separate are all indicate we the dividends (quar.) which 4.90% preferred Fruehauf Per Gas $3.50 Mfg. Co, Co. Aluminum Co. 1st 5y4% 2nd 12-11 2 11- 11-16 50c 30c 11-14 11-14 12- 5 3- 1 2- $$ 1.31 (quar.) 3- 1 2- 5 6% 3Va-Vc Ameiican Furniture American dividend Arden • -$3 - : • Farms Co., 10c (year-end) com partic. preferred Participating Public $1.10 preferred ^$2.36 * 5%% €% Associated Amer. Atlanta Si Atlantic Gulf (Initial in 4'/2% shares will Co. series Ohio & share 1947 4*4% Black Sivalls Boston & Fund. Inc. Brown Motor Co. Capital Co. Si South Increased Central (quar.) $1.18% (increased) 12 investment inc.l_ 12- 1 2 3 • 12- 12- 8 12-1 11- 4 12- will Lehigh 12- 1 11-20 1 11-20 Lehigh 11- 1 10-22 Lehman Chiksan 11- 10-22 Lexington 10-31 Quar. 11-16 11- 12- 11-16 1 12- 2 Foil $1.19 $1.03 7c Liggett a Colorado Central 1- 1 12-15 1- 1 12-15 10-31 10-23 2 Lock 11-16 11- 10-28 5 12- Can * preferred $4.25 2nd preferred Continental 11-20 11-10 iquar.) Insurance Stock Magma Marconi 12- 5% conv. 6% preferred preferred —^Counselor's 12-12 12- 1 11- 1 11-17 11- 1 10-20 12- 1 1- 2 Delta Sexton Si C. Ice Distillers Co., Amer. 5% <fc dep. Douglas 11-16 12- 1 11-10 12- 1 11- *37Vic 12-15 12- 11-30 $1 1 10-30 10-30 12-15 11-25 1- 2 1- 2 15c Midwest 5% 50c (quar.) 12-31 1- $1.50 Common 11-30 11-10 15c 12-10 11-20 (quar.) 50c 12-10 11-25 12-10 11-25 12-10 11-25 5% 8c 11-16 10-25 12- 11-10 Inc 28 Vic 1 $7 Paper Class 12- 1 11-13 Motor 1 10-26 Mutual 11- 2 10-15 10-23 9- 3 • Wheel Corp.. Hose Refractories Si 12-15 11-17 Si Bectrographic _l-„ 12- 1 11- 2 11- 11- 12-10 12- St. 5 11-13 12- 5 11-13 1 St. 10-20 12- 10-29 12- 10% 4% 12- 8 30c 11-16 11- 4 11-25 11- 4 Common 11-16 11- 6 4 V4% 1- 2 35c 11-16 1212- 1 93%c 12- 1 1 11-16 11-27 62 y2 c 12-30 11-16 11- 11- 9 12- *50c 80c 11-20 20c 12-14 12-10 75c iquar.) 12-12 12-12 10c 11- 1 11- 1 11-15 11- 37 y2c 11-15 11- on ' Abrasives (quar.)__ 12-10 11-25 ,12-10 11-19 _' $1.75 $1.50 45 30c Ltd., common -60c 1- 2 12- 4 1- 2 12- 4 Stock 12- 1 Preferred 11-20 11-13 Natlonal Securities & • 62y2c > 11- 1 W-21 25c 12- 1 11.-10 3c 12-16 11-30 12-10 11-10 ' National Steel **: 4.20% 11-14 1- 2 12- 3 25c 11-27 11-15 25c 11-27 11-15 75c 10-23 10-14 $1 10-23 10-14 11- 10-23 Ltd.— Co., *$1.75 (quar.). Co., 2 25c A 12- 1 10-31 $1:10 1- 2 12- 4 5 30c class 11- 11- 2 10-16 30c 11- 2 10-16 iquar.) A 11-13 10-30 $1 12- 1 11-13 *15c 1- 4 11-30 87 Vic iquar.) Co., common iquar.)__ Ltd., 11-25 40c (quar.) Indemnity — & 1- — (T. L.) Co., 4 12- 10-29 11-30 11-16 15c 11-30 11-20 10c 12-14 11-30 25 Vic 11-30 11- 5 30y2c iquar.) & Platinum Edison Co Co.— (quar.)—— Natural —— Electric Service com. 2 12-14 11-30 2 10-21 45c 11- 12-15 11-16 10c (quar.) 11-16 40c — 12-15 11-16 — ——_— (quar.) 11- $1.10 —— (quar.)_ Brands. Inc. 5 11- 5 Co.— l quar.) Co. 11- 12- 35c (quar.) 11-30 20c Gas "Co. preferred 10-29 4 10c (quar.) preferred 12- 12 '/2C (quar.) Water 10-14 common.. Gold California Co. 1 37 Vic — — preferred American 11-27 11- $1 Ltd., $1 pfd. (quar.) com. (initial quar.) Co., new 11-30 4 12-11 *25c end) (year S.) 1-10 1-17 37*/2C (increased quar.) (quar.)—. com. tlOc Co. conv $1.25 2 87»/2C „ 12-15 }2- 62 Vic -i- — 12-10 11-10 1 11-20 11- 3 11-20 11- 3 12- 11-12 Sun 12-15 *12 Vic 121212- ■5 $1.751 1 1-2 11- 6 11- 6 11- 6 Tampa 12-15 11-20 11c Shipbuilding (Stock divid.) (quar.)——— 11-16 .5% - i 40c $1.05$1- • '10-31 10-20 .. '39c 11-16 12- 65c pfd. (quar.) , 2 10-20 11- 2 1 11-16 12-10 11-13 12-15 11-13 37 vie; ______ 12-1 11-16 IOC — —- —- 2 11- 3 11-27 11- 6 11-16 H-4 11-16 73c; 40c - 11-14 •' 11- 12-10 $i.Q3: ——- ——— i 1- 76c (qjiar.)— 1 25c —_ 12- t"4C — 11-' 6 12-10 11- 6 * 10-31 Glass Mfg. 15c (quar— 10-12 1 11-ie ' 12-15' 11-1T' 12- 11-18 4% preferred %quar;K-i-——-v——— Thom.Son Satctric. Welder, iquar.l^^—— -T: - (Continued 10-20 -11-30 .i5c 11-16 ,11-2 50c ; • 12-15 11-30 41 12-15 11-30 12-1 9-23 ... . on page 10-2® 10-31 : 12-15 ,,25c ' ,, Thompson. (John R.) Co. (quar.) Thompson Products, Infc", com-, (quar.) 1 12- 10-31 25c 94.V4C". — Thatcher 11- 1- 10-20 37y2c Thalhjmer-'Brdthers cqm.:'(<[uar.)_1— 3.65% pfd. (quar.)—i—1—— 10-31 * series.'i—Z——^-1——T' Co., common <quar.)——l—- ; preferred - «quar.)_^—' 11-16 10-31 J r '9c 6% Electric, _commoji, Jquar.) Extra.-- 10-31 a- 25c (quar.)— 4.32% -preferred A Texas Co. J quit. )*-.- 12-15 . 11- 10c — Sylvabite Gold Mines, Ltd.' (s-a) Symington-Gould Corpi .(s-a) Corp.— ^ Oil 11-16 37*/ic .dividend. pfd. 11- 11- 9 8%:. (quar.) _____ 1 *37 Vic Stock 4%-2nd 11-16 1 *15c . Co. Swan-Finch 1 Canada pref.:(quar.) pfd. (quar.)_- Oil 11-16 11-30 31 y»c : — 10-26 40c — (jquar.), 11-1® 10-20 10-30 5% (quar.)__— dividend- preferred 1 10-30 12c Suburban Propane Gas.Corp., com. (quar.) — 5.20% conv. pfd. . (quar.)—1—,1! — , —____—— Corp., common 40c Gas Service,.common (quar.)—__ preferred A (quar.)—— —— 6%.-preferred B (quar.)— 10-30 25c . Wells 12- 25c — —-— Suburban 10-30 9 50c (quar.)__—_—_____— Nopco, Chemical Co., $4 pfd. 3 $1.12 y2 6% 50c —— Tea & 12- (quar.) — ._———_—.—'—-— Mills 3 2 B Stock 10-29 11- $1.06 y4 Research 11-20 1- ; Dairies, IT. Struthers 11-18 33 c — stock 11-20 12-11 $1 — Sterling Investment Fund, Inc._: ' series 1 12- — 11-30 60 c ——— preferred 10-23 2 12-11 Oil Co: of Indiana (quar.)— Packaging Corp.— $1.60 conv. pref. (quar.) Standard-Toch Chemical, Inc.— from -—— (quar.). 12-15 11- 10-22 12-16 (quar.)~ Flour preferred Extra 10-16 *20c conv. National . — 14V2c of 12- iquar.)—— common — Risks Standard 1... Association Co. 2 12-29 10c Stock Yards (quar.) Paper 4.40% 10-16 1 12-26 10c National Grocers Co. Ltd.v $1.50 National Lead Co., 7% class A 12-15 Corp.— 1 11- 50c Extra - - ________ 11- 60c pfd. National 11-25 12-10 40C 35c $1.25 Fund; Inc.— (quar.) Dru^ Si Chemical 11- 12-15 30c Standard (quar.)—T— (quar.) 10-22 Standard (quar.) and 2 20% .— (quar.) lsL,preferred $3.50 11- 10c preferred dividend 10-22 60c preferred 2 — 5 2 1- Fire & Marine Insurance Co.— Stamford 2 5 11- 75c — — Products Southwestern 10-15 $1.37% 5 1212- 25c — — Southern 10-15 12»/2c common. 12- 4 12-15 25c (quar.) (quar.) — 4.88% 11-16 11-20 12-15 37y2c (quar.) Inc., — Southern 11-16 12-10 $1.25 —— 4.08% 11-30 11-13 90c quar.) A preferred Southern 11-20 25c — (quar.) 1 :—- Stores, Regis 6% 12- $1.12% — 1 Paul South 10-16 11-13 11- 5c 50c — —_____ preferred Smith 10-30 2 12-10 2c Steel Extra 10-21 12-14 20c (year-end) 1 10-29 10-15 — r_ Skelly Oil Co. Ltd.— ——,—— 12-18 40C ! Lawrence Class 2 (year-end) income Shares dividend Simmons 12-16 15c 35c Com. (quar.) iquar.)__ Inc.— class Steel Simms 11-13 •-— Service — Silverwood 11-16 50c 10-28 to the approval of Public (increased preferred 4% 11-16 12- 11-16 Co. Sherwin-Williams 11-16 1 11-30 37'/2c B Selected 10-30 45c 11-30 12-23 Seagrave Corp. (quar.) Security Insurance Co. of New Haven (quar.) Corp.— 12-23 717/aC - — net Oil Myers, Electric $4.40 10-30 — (quar.)—_ 12-23 (increased quarterly) St. 10-30 93 %c taken & Corp., 7% " from Ranch Extra 1 10-31 25c $1.02 $1.17 »/2 — _' Light— & Co., conv. Extra 10-30 17'/2c < 11-30 11-15 St. Joseph 10-30 11-16 10-20 12-23' $1 37'/ic Mfg. 4%% 2 50c 11-2 '35c (quar.) (quar.)^—— — Machine common (quar.)-^ preferred (quar.)—.— Inc. Folding Safway 5 11-16 6 11-27 4% 10-16 11-15 30c National Acme Co. .(quar.) Extra .'—' National Distillers Products ' (quar.)— (quaT.) Corp. 10c 6 11- 11-20 Safeway 2 35c • Investment 11-25 50c <Md.)— Rubber 11- 12y2c Income Foundation— $1 B-factum.) preferred 1 5 11- 12-21 1V2% 10-30 Extra 2 —: (quar.)- 35c (quar.) ' 12-21 22) security profits) Narragansett Racing 11-17 *15c : Corp. 4year-end) Electric 5% B Mutual 11-30 (quar.).—— Electro 11-20 12- 11- 12-21 Milling Co. (quar.)—— Ryan Aeronautical iquar.) 10-21 11-30 11- 11-20 11-17 40c Russell-Miller 12-31 1 11-13 10% —— iquar.) Extra 10-31 12- 1 1 11-25 Stock 11-16 25c ———— 11- +$0,044 (quar.)__; (accum.) 1 10-20 12- 12- 42 15c Rotary Communica¬ Missouri-Kansas Pipe Line com. 30c (quar.). A 2 12- 10-27 41, 35c 5 2 11- 11-16 1 11-16 183/4C — 12-15 Class $i Valley Public Service— (quar.) preferred (quar.)— 9c (quar.) Corp. preferred -$6 preferred ■Ady Oct. $1.25 (quar.).. Ltd. U. 8. A. — • Common (increased quar.) 5%% preferred (quar.) States 11- 11-16 12- $26.25 at Gas— & $1.50 participating pfd. $1 (quar.) 10-23. 25c 11- Rogers ordinarily paid in Nov. at meeting held on $1.50 com. 11-16 50c (quar.) action 10-30 3 50c Common 11-13 1 35c Common 75c 12- $1 25c preferred (no 11- 3 called issue common payment subject Robbins Mississippi 62'/2c ! (I8V2C Dun & Bradstreet, Inc. -1 2nd li- (quar.).^— pref. Washington Rheem 11-13 1 87 Vic Co., 11-20 11-20 15c Rice 12- . dividendi Materials Co. Electric Power Increased Reece 6 15c Corp. 12-1® )' k"": ' . iquar.) 10-31 1— . 12-15 110c (quar.) Rayonier, 6 85c Petroleum Packaging 11-18 11- 11-16 $1 (quar.) Corp. 11-30 2 Special 11-25 12-10 2 —:—— Co. i '- 12-29 Distribution 10-28 — —.— Hone preferred 12-16 4 1- 11-30 11- — Products 11-12 ■*15C' -■ - - (quar.) — __1J1—1 preferred Sound the 11-25 12-10 Co. Water Quarterly 5 — (quar.) Co., Ltd. Food 12- 8 Quaker State Oil Refining. Corp. 1 _ Co. 2 11- 12-15 41 Quaker City Fire & Marine Insurance (quar.) — s-ai_ - 12>/ic —-_ preferred 1 1-15 11- —— Tube 10-20 11-16 62&c . 4.08% 10-30 12-10 ; 4.70% Puget 12-15 1 25c Power (initial Extra 12-15 2 10c Minneapolis-Moline $5.50 pfd. (quar.) (quar.) Fund, & 10-26 9 ^ — Nov., ^6 Extra (quar.) Seamless Mid-Continent 12-15 $1.06 y4 _i preferred Baetern - Light Year-end 10-19 60c 12- 11-10 Oil dividend Above 12- (quar.) Co. preferred Micromatic Drewry's . Frank Mickelberrys 1 Co. rets, for ord. regis Investments, Ltd.— (quar.) 8tores, & Mexican 2 Scottish Corp., 4% $2.50 Meier 11- (qu^r,)^ dividend $1.40 11-10 30c — series 11-16 35c Helicopter'(stock dividend)——1_-- Service Public 22) (quar.)___ 1947 - on Princeton 11-10 1 $1 com. - - _ redemption 4'/2% Corp., common iquar.)__. preferred iquar.) Michigan Co., Coal Aircraft Extra Dravo preferred Ltd.— pref. Dominion pfd. 93 %c 5% pfd. Diocesan Investment Trust Shares Dominion preferred $3.75 $3.40 10-23 1 12- 55c —— 11-16 100% —r~-~- — share plus, this dividend) Stock taken Ltd., 12-17 11-2 12- 65c Marine Pipe.. Line Co.— A; .(entire Piasecki 6 30c • May Department Stores Co. Eastern Plymouth 10-31 37 '/ic iquar.I— (stock 10-26 34*«c 37VaC Philadelphia Title Insurance Co.. 1 extra) 11— 10-23 30c (monthly)- Co. — 11- 11-20 $1.75 — 10-26 ————— Corp., Ltd Pheoll' Mfg. (quar.) 11-13 100% (Mo.i 10-26 1D-26 11-16 Transport Co.^- cpnv.;:class per 11-16 5 — 11-16 12-10 4 1 iquar.) $3.75 25c 4V2% pfd. (quar.).. Airlines.—'——— S & Diamond - Extra 4 12- 2 (quar.) (Md.) 11-16 11-16 31V4C (quar.)—— _—T-r--~ (stock dividend) Publishing Co.—" lor 11-16 12- 1212- '• —' 10-26 31 Vac — Petrolite 12-15 11- iquar.)— com. International Co., 5 $20 .'---— ordinary (Interim)— Massachusetts Bonding & Insurance Co 6 12- tlOc (quar.) Co. Co. 1- 17y2c iquar.)— - Oct. ' * 31V4C — ser. Coal ,lEO. ^Directors toiBt n> ^action 5%..cony, prior pfd. payment at hel.d.Oct. 191) v /f ; the $1.50 4 25c — Copper tion 1 12- 50c (quar.).. Investment 12- (accum.) 5% Refrigeration Corp. Copperweld Steel Co., common (Aribben 1 McCord dividend..! Copeland 10-19 12-18 income——_ — 11-14 1 60c Machine 11-15 iquar,) — 12-12 28c (quar.) & 10-30 iquar.) Corp., preferred Steel 12- $1.18% .___ Foundry 11-16 40c —— Extra Copper & Steel Industries— Continental 35c $1.50 on 11- 11-16 30c (quar.)^ (qiiarl) preferred iquar.)'——_——— Pen ton" Shares— . 10-23 40c . Quarterly 10-16 40c held (quar.) Macco Corp. iquar.) Macwhyte Co. iquar.) (Boston) Life (quar.) 10-29 10c Co. Tobacco Extra 10-28 $25c (quar.)__l Insurance common 1 12-15 40c investment Pipe Co. A Lukens 11-20 v $3.75 Joint 20c (quar.) Co., Myers conv 10-31 l'/2c American Continental 2 1 $1 Wilmington Del. , 12- 1-15 45c — Luminator-Harrison 11- 12 Vic (quar.) (initial) Continental 12-15 *75c r —•' 25c Ltd. 2'/i% dividendi Fund net Carbonic Class 10-15 10c Co. 1 ----- Monthly 11-10 $5 . Glass 11-15 12- 62'/2c Monthly Long-Bell Lumber Corp. 10-20 11-20 50c Carbon Co. (quar.) Combined Locks Paper Co. Class A (quar.).. Consolidated Theatres, Ltd., class B (s-a)__ Consumers Credit Corp. (Fla.) — Consumers 11-30 12-15 25c action 11-13 1 12- 7 75c Peabody income and 6c (no pfd. 1st. pfd. Transportation Co. Iquar.)— Pato Consolidated Gold Dredlgirig (s-a) Extra "i-* 1_L——_ ' 15c ,— 10-26 12- «40c — Petroleum Si American Panhandle ' 15c * Extra Columbian A 1- 2 11-10 25c 37»/2C . Extra 12-21 40c Telephone Co. (quar.) Lucky Stores, Inc. iquar.)— Semi-annual Class ^ • 11-10 Parmelee 2 11, : 11-10 1 iquar.) Common" : 11-12 1 10-20 1 12- pref." (quar.) 1st Peaselee-Gaulbert Lorain (quar.).. Life Trust & 67c Power National 12- 35c — —- meeting Lindsay Chemical Co. dividend. Equipment Additional Columbia . 12-31 12-14 10-31 12- 15c preferred 1st on —-— common Cement (stock Liquid director's stock Ltd. (quar.) Corp. (quar.) Colonial Finance Co., 4%% pfd. (quar.) - at 11-16 11- 25c Farm Pan . 11-30,. 10c Co., 10-30 Nov. Aikman & 6% 10-15 1 * meeting Iquar.) Long-Bell Lumber Co. on Special Collins redeemable Pacific Lighting Pacific Mills 22. Extra V.) held (quar.) Cockshutt , " America iquar.)—:—;—— 1 75c (quar.) 25c Corp. Co. 2- 37% c (quar.)— 11-30 37Vac Machine Cochran ... 11" 2 , *25c , iquar.)—.. (quar.) Navigation from Vk% Fund. Inc.. Clearing & Corp. 1 29c Company (quar.) Cincinnati *$1.25, iquar.)— Inc. Portland 11-16 $1.25 — Inc. 12-15 50c , . * dividend on ' Co. 2 redeemable — — 50c — Cab 12- — Sessions Coal 12- $1.50 Chesapeake Corp. of Virginia (quar.) Chicago Allerton Hotel Co..— Chicago. Wilmington & Franklin Coal— Quarterly Chicago Yellow 12-30 *40c from Extra on $1.05 (quar.)—" Co. preferred (quar.) Inc.-L— $1 — vote 2 25c Co. common Extra $'2.50 75c __. 10% 12- $1.25 Co. (4c preferred & $1.25 (quar.) (N. 12-30 profits) preferred 55c be 2 '— Lea Fabrics, 11-12 3 15c to 11- — Wire & Apparel Lamson 10-30 12-19 1st 2nd L'Aiglon 1 11-25 $1 — Co. 11-25 10-30 $L12V2 ■ 10-17 11-13 10-30 11-16 $1.12»/2 4 iquar.) 5% 1st preferred (quar.)___—— 5*/2% 1st pfd."(quar.) 10-28 1 $1.061/4 — Central — 7% 11-13 12-23 Co., 6% 11-10 1 Service— & Trust 2 4 12- 50c -r Extra 11-16 12- 12- 50c : a Kroger 37 V2c 37V2c — pay 11- 10-27 2 21c — Trust 5% 5% ' — Steel realized from Corp.— meeting to 11-16 11- *2 5c — (quar.). ._— Estate stockholders proposal 10-23 35c — (quar.) Bank special a 2 30c (quar.) At 11- 17'/2c : (quar.) Chemical 10c 32 </2c (quar.).. =■ preferred Real 62 Vic x (quar.l____. preferred Store 10-20 # — . common 4.15% 1111- 15c 17»/2C — 10-30 11-16 59%c — iquar.) Mfg. Co redeemable 4.80% 12-15 2 11-16 ! pfd. preferred (quar.)— _—.—— Corp., com. (increased quar.) k 11-13 10-21 * Pacific Gas & Electric— 5 12-18 * 1- $1.16 — Products Oct. Lighting Century Geophysical Chain 10-31 tquar.) Year-end Keystone Trust 4.75% Channing Corp. 10-20 County Public 1- | : 1 A Marine 1 10-31 30c (quar.) conv. 2nd preferred conv. 4% Co. 11-20 10-31 County pfd, Falls 10-31 37 '/2c r—— Kellogg 10-30 12-15 Knickerbocker Fund Quarterly Vermont 11-16 Kings 5% 11- 11-16 -——-_ (quar.)_— Kings West 11-25 11-16 (quar.)—— (Julius) Co. iyear-end) 6 (quar.) Foundry Co., Central Oswego 5% A 10-30 ; 6IV2C <quar.)_——_— Co. 4%% class 11-18 12-18 Co. 6 Corp. Central Corp. 11- Estates, Inc. ts-a) (increased) Carrier Brewing Inc., 4»/2% 11-18 12-10 $1 ——' 11- (quar.) Jackson 12-10 35c dividend 8 — preferred 4%% a 25c common—1 Gas, B is- 1 12- $1.14 (quar.)_ Natural f 12- *$1.75 (quar.) { 10-28 2 fl-"2 t25c — - pfd. Co. preferred preferred Olympia 11-13 1 *$1.50 of on 8 (year-end) 4.92% 5% ^preferred dividend on 12- Company, $5 conv. 1st pfd. (quar.).. preferred (quar.) Steel Castings, com. (year-end) 6% ' $46 $1.12'/2 Buckeye Byron 4 $ 1.12 Vi 2nd $3 12- 12-17 50c Brantford Cordage Co., Ltd. Class A Brockway Railways 12- (From 12- tl2Vz c (quarj $1 Inc. 11-10 25c (quar.) Kayser by cash Bower Roller Bearing Co. '('quar,)—-— . RR. $4 Bryson, 11-25 1 iquar.) com. 10-19 11^ 22V2C 11-16 : 10-22 $1 (quar.) 4.56% Leather Outboard (initial)-. Cellucotton meeting held Kawneer (quar.) (quar.) 5-10 25c (quar.)— Co. preferred Co. Co. 12- : Foundation, Ltd.— ' 6% conv. preferred (quar.)___—— Investors Stock Fund (year-end)—---— Jacksonville Gas Corp. iquar.)_. :—— held. (quar.) Heminway Gossett & Central Jervis (quar.)— Corp., preferred Belding Bell Shoe Oklahoma 12-15 Edison, Omar, Ltd common RR. Ohio $1 (quar.) Co. Production Stock Western share .of America S.i (A. 9-17 Ohio 11-17 5-25-54 J50c Interstate Engineering Corp. Intertype Corp. (quar.)— $46 of of be settled pref. Bankers Commercial Corp. Beck 11-30 6 11-13 Ltd., 10-30 12-10. 25c — Co. 11-16 1 11-13 $1.50 iquar.) common— (quar.) 12- $1 — Co.. (quar.) Co., Mills preferred 11- 1 & , at 11-30 10-28 Co. No action taken 11-30 12-15 10%C (quar.)_ non-cumulative Bearings Co 12-15 12-15 $1 Ltd., class A (quar.)_ Brewery <quar.)____— pfd. (quar.)— —- E.) Flour Co. F.) preferred 11-16 25c Smelting Pharmacal 12-15 15c (quar.) Products, International Lines— 83. Distribution Co., 4V2% pref. Baltimore 4% 27 Vic $3 Indies 7-lOOths Refining Ayres (L. S.) 2 1 6% (quar.) preferred (Charles Investment RR. common for each Fractional Atlantic West and 2 11i 1 prior 12- $1.75 — Imperial Oil, Ltd. Is-a)_____ 2 11- 1 34 %c — RR.__ liquidating) cash Pacific 11- 1 12- 37 Vic com. 1 quar. I ——_____— Point Si 1 12- Gas International Industries— receipts West 12- 7% Co., 4.64% Steel Illinois 2 59c 11-13 (s-a) Mining, Shoe, Ltd. Hydro-Electric Securities Corp. 5% pref. B (s-a) 11-10 11- 12- — series C Humberstone 11-10 1 1 6 2 Vic — — (quar.) Electrical dep. 1 1212- 27'/2c —- (quar.)—- preferred (quar.)— preferred 12' Arkansas-Missouri Power . 11-10 HY4C (quar.)——--i preferred 1 22 Vic (quar.) com. (quar.) preferred $2.50 12- 75c (quar.) 8crvice Co., ' - 10-23 25c _____ 2 Ogilvie —— (s-a)— Box iCharles Hugoton 10-23 11- 11-13 $1 Electrochemical, com. (quar.) $4.25 preferred (quar. )_„___. $4.20 preferred B, I quar. I 10-29 11-23 62y2c — Arizona 11-23 2%% —— —— (quar.)___.._——-------- 12- iquar.) com, Hooker (Del.)— 2 Western Hagerstown Hires 10-30 11- lyear end)__ Coal Power Hayes 12-18 8 11-14 5c (quar.) 12-15 11-16 1 1- 25c Trap Co. of America, common preferred Southern Griesedieck 11-5 12- 87V2C (quar.) 6eal-Kap Corp. Stock Animal 5%- Co. ' 2 11-20 25c Inc., common———— preferred (quar.)_—— Colortype 1- 75c (quar.)..——— Airlines conv. American . preferred conv. .American A iquar.) Dredge & Dock Co. (quar.) —'—a.—_: —-—r West Gulf 11-15 Lakes Great Amalgamated Leather Cos., Inc. Noyes - Ry. Co.— Non-cumulative preferred 5 2 Northern Great (quar.)— Corp., Co., Ltd. Extra Great 10-30 t50c _____— Great 10-31 12-10 11- 35c Consolidated Power 11-15 (quar.) com. preferred conv. Norwich iquar.) Finance Granby Northern Redwood Lumber 2 $1.22'/2 —- iquar.)___ preferred 4% 12-11 2 5% Co. 2 11- — Cigar Co., Inc., 7% pfd. Electric Co. (special)—. General Ltd.— Canada, preferred 2 1- J 25c (quar.)—____- of 1<? $1.50 (quar.) — Co. (year-end) preferred 11-16 12- $1.15 Cement Aluminium, Ltd. 11-16 1 General General 10-30 1 $1.05 (quar.)— Steel 11-30 12- 87'/ac preferred (quar.)—«-.»—--— Co., 4.20% pfd. (quar.)-'— preferred (quar.). Portland 4% tic Power Cast Alpha of Rec. Co., preferred Gamewell Holders Payable 20c ---■ (quar.) common prior Alliance Alloy — Corp.. When Share 4% Trailer 11-27 11- 11-15 50c tquar.)__.—— we 12-10 11-15 $4 Holder* Payable of Re** Share V 1953 Co.— $1 (quar.) in Water 50c (quar.)_—.— preferred table Northeastern $1.15 — pfd. 4% Name of Company 11-16 1 $1.18% (quar.) Corp., preferred Name of Company Acme Gas <fc Oil Ltd 4.60% Corp. Power 12- When Per Payable of Ree. 75 c 4.75% Then we follow with show the payments ously announced, but which have not yet reached their payment date. Alabama Share (quar.)l Gregg Mogul Florida an¬ & 4.60% second Alabama Coe during the current week. nounced a the Name of Company Faber H oldert When Per DIVIDENDS Monday, October 26. ... 44) fLe. r i fl'A . Volume 178 Number 5267... The Commercial and Financial Chronicle (1575) Stock Record «» New York Stock DULY RANGE OF PRICES WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES Lowest Highest 41% Oct 64% Jan 6 Oct 2 125 Jan 8% May 39 % Sep 22 24 99 Jun 2 5% Nov 6 24% Nov 26 30% Jan 24 30% Sep 16 33% Oct 20 35% Jan 30 42% Jan 5 Dec 19 64 Sep 24 24% Jan 22 323/4 Oct 9 66 9% Jan 7 EXCHANGE Highest 10 25 47% Jan 112 Jan 5 26% Jan 6 Acme 25 Va 35 % Jan 2 Adams Sep 14 23 48 6% Jan 23 36% Feb 25 Jun 16 59% Jan 27 21% Oct 6 32% Jan fi 7% Sep 14 ABC Vending Motors ACF-Brill Steel 21 21 203/4 21 2,700 27 26% 26% 26% 27% 2,700 Corp No par *27% 28% 27% 27% *27% 28% *271/4 28% *27% 28'A 10 51% 51 % 52 52 *52 53 *53 1 22 % 22% 22% 22% Gas 10% Mar 6 51% July 3 29% Jan 8 106% May 2 115% Dec 11 101 Oct 15 114% Jan 5 Aug 28 3% Mar 6 150 Jun 3 2 Sep 11 3% Apr 14 Alaska Corp 15 5 Aldens Inc Feb 27 Equipment 1 Juneau 20% Aug 76 May 9 5% Dec 23 158% Dec 23 Jan 4 2% Apr 24 5 31% Oct 16 Nov 10 98 70 Aug 10 3 Sep 14 130 Sep 15 78 70 Sep 23% July 29 79% May 1 17 46% Jan 110 Jan 160 74 Mar 11 5% Mar'25 152 81 Jan Oct 9 25 % Sep 15 39 Jan 16 17 91 Sep 1 104 Feb 4 pfd & 4%% com 50 w w Inc series 18 78% Aug 11 62 Sep 15 18 Aug 28 32% Feb 21 21% Jan 19 Oct 22 22 Mar 25 Allied Kid 24% Sep 14 33 Jan 8 Allied 36 17 40% Dec 35% Sep 21 40% Jan 8 Allied Stores July 17 46% Apr 17 95% May 1 Oct 1 87 Sep 22 93% Feb 16 61% Dec 23 41% Oct 14 59% Jan 2 Dec 23 86 Oct 8 118% Jan 2 30 40 Sep 14 52 % May 42% Apr 41% Apr 23 53% Aug 14 54% Jan 20 2 8 Apr 30 67% May Apr 7 90 98 Nov 25 10 , Dec 23 36 95 123 8 Mar 27 36% Feb 21 49% Dec 47% Oct 16 54% 2% Oct 23 15 Sep"l9 3% Jan 3 2 Oct 6 21 98 May 8 10 % Mar 3 Allen Industries 76% Jan 2 Allied Chemical 25 4% gtd Corp 16% Jan 2 11% Sep 14 Jan 2 71 16% May 5 90 20% Dec 20% Feb 2 59 Jan 6 12% Jan 29 25 61% Feb 19 18 19 36 36% Oct 30 15% Aug 7 53% Aug 7 41% Mar 13 17 107 Apr American 22 Jun 23 12 6% Aug 31 Sep 11 47 Feb 34% Sep 21 40% Jan 27 91 17 103 % Feb 13% Sep 28% May 16 43% Aug 5 31 Oct 22 16"% Jun Bank Note 3 45 8 39% July 23 5% Apr 14 20% Feb 26 19% Jan 4 8 9 Feb 73 Jan 14 30% Sep X35% Oct Aug 8 12 12% 12 12% 12 12% 15,100 73 73 73 % 73% 73% 73% 3,700 26% 26% 27 27'A 271/4 27% 1,600 *96% *96% 98 *96% 98 96% 96% 10 10 16'A 16 15% 15% 1,500 57 57 19 45% 46% conv 17% Feb 4 Feb 19 11 May 25 American & American Jun 25 12% Sep 14 4 3 American Hawaiiun American 104 Mar Locomotive Amer Machine X22% May 16 30% July 23 8 26% Feb 27 Amer Metal May 15 94% Jun 23 105% Feb 9 17% Dec 31 13% Sep 15 18% Feb 2 4%% 4 11 Jan 17 27 Oct 28% Dec 19 36% Jun 12 29% Jan 39 % Sep 23 1 175% Aug 8 28% Sep 16 36% Jan 30 16% Apr 12% Sep 21 15% Feb 4 148 Jun 11 171% Feb 6 17 6 Jan 2 8% Jun 23 13 American 23 7 7% Jan Oct 29 24% Jun 42% Apr 24 49 % Dec 19 38% May 19 148 Feb 19 36% Dec 11 122% Oct 29 30% Oct 16 34 Apr 60% Dec 127 9 18 Mar 14 10% Oct 16 150% Jun 11 64% May 19 129% Jan 57 Dec 3 16 53 Jan 12 3 29 American 14 37 Mar 17 American Natural 1 37 Mar 27 American News 5 39% Mar 24 American Optical 16% July 45% Oct 14 23% Jan 25% Sep 44 14 25 65% Jan 2 9 136 Jun 37 Jan 2 120 Apr 20 127 36 % Jan 29 25% Sep 21 36 Jan 30 6 159% Jan 5 40% Aug 10 Feb Amer Potash 7% 69% Jan 21 8 5 35% Oct 22 161% Jan 77% Aug 141 24 15 7 81% Nov 18 95% Jan 22 57 Sep 11 19 82 7 59 Sep 11 77% Mar 17 Feb 8 119 1% 11% Sep 14 21% Jan 68 Sep 21 97 Jan 14 45% Feb 26 2 48% Dec 31 43% Sep 15 Jan 30 May 12 31% Jan 2 30% Apr 5% 19 4% May 5 48% Dec 10 24% Jan 24 6% Jan 3 60 For footnotes see July 7 page 22. 100 Co common . Corp com 7% 57 5 25% Aug 27 94 Jun 25 106% Mar 32% Sep 40% Sep 23 45 15 57% May 8% Sep 15 2% Sep 30 Sep Jan 15% Feb common 47 46% 46% 46% 46% 1,200 130 31% 7% 27 14% 9'A *90% 91% 4,800 46% 46% 20% 21 22 *21% 22 *21% 22 91% *90% 91% ♦90% 46 46% 46% 46% 46% 47'A *124 131 *127 129i% 32 32 32 32% 7% 8% 7% *26% 26% 26% 26% 14% 14% 12% 13'% 9% 9% 9% 9% $5 prior conv Anaconda Wire Se Hocking Cable Glass preferred 5 Anderson 6 Anderson-Prichard Andes P W Clayton & Co Copper Oil Mining Products Co Inc 8 5 Jan 7 A 14 52 Jan 9 Archer-Daniels-Midland 32 8% 2,200 27 263A 263/4 400 13% 13% 13% 133/4 5,900 9% 9% 9% 9% 20,500 6,800 32"% 23,000 631% 2,200 3% 3% *31 40% 33% 41% 33% *31 40% 41'A *31 40% 8 *90% *16 *7 91 21% 84% 17% 20% 101 16% 7'A 35% 29 32% 31% 91 *90 *90 33% •31 4 l'A 40 40% 41 8 ♦73/4 8 93 •90'A 93 17 *17 17% •17% 22% *22% 102 •90 21% 21% 21% 21% 21% 22% 22 *84% 86 84i/2 84% 18% 17% 18 84% 17% 22% 84% 11,300 84% 173/4 173/4 17% 2,300 20% 20% 20% 20% 20% 203/4 203/a 203/4 1,800 99% 99% 99% 99% 100% 1003A 1003A 15% 16% 15% 16 153/4 153/4 73/8 300 6,500 1,400 7% 7% 7% 7% 7% 35% 35% 36% 36% 36% 36% 36% 28% 28% 28% 28 28% 27% 28 *32 32% 32 32 ♦32 32% 32% 32% 31% 32 32 32 31% 32 31% 32 12% 12% 12% 12% 12% 12% 12% 12% *7 172 6% A 146 *39% *124 6% 21 146% 39% 126 *168 6% 21 147 38% 124 172 147 39'A 124 29% 41% 42 42% 43% 50% 50% 50% 50% 29% 40% 41% 122 13% 155 % 123 13% 156% 123 *13% 155% 172 6% 1,500 21% 4,800 46% 46% 46 46 210 28% 29 28% 29 16,100 147 147% 148 430 146% *39 6% 393/a *124 126 29 29 43 43% *49% 124% 13% 156% 50% 127 13% 156% *39 •124 28% 43% 50% 125 393A 126 433A 3,300 50% 127 1,700 1553/4 156 % 58,700 75% 76 75% 75% 74% 75% 141 139% 1393/4 139% 1403/4 36% 37% 36% 35% 363/4 35% 118% 118'/a 118 117% 118% 9% 15% 16 3/8 9% 15 510 133/4 139% *117% 1,100 133/4 76% *118 30 2,700 140% 37'/a 300 28% 140% 76 1,300 2,700 19,400 6% 133/4 x9'/a 69% •168 150 1,100 21% 124% 156% 172 110 22 6% 21% 29% 29% *168 6% 21% 29% 29 68 16 28 47% 65% 15% 35% 29 *68 *100 7% 28% 76% 100 17% 47 155% 91 84% 47 75% 5.700 901% 29 139'A 140 36% 37% 117% 117% 20 133/4 90% 47 155'A 400 13% 91 28%- 13% 300 22% 1013/4 13% 28% 13% 17% 22% 1013/4 13% 47 50% 51 122% 123 *100% 22% 102 13% 27% 39% 200 *7% 20% 125 3.800 *90% 20% *46% 147 41 8 21 *39% 1,300 33% 93 *168 146 3% *31 12% 172 7% *124 3% 33% 9% 36 118% 6,700 730 24,500 460 9% 6,500 15 5A 15 153/a 11,900 643/4 9% 9% 67 68% 65% 68 64 653/8 64% *69 69% 69 69% 67% 68 3/g 663A 68 12% 12% 12% 390 300 6,000 13 12% 13 12% 12% 70 69% 69% ♦69% 70% 693A 190 69% 693A 70 31% 32% 31% 32% 31% 323/8 313/4 32% 24,800 31% 48% 48% 48% 48% 48% 49 48% 48% 670 48% 491/4 26'A 26% 27 26% 26% 27 27% 273A 28% 3,800 26 *100% 101% *100% *100% 101% ♦100% IOIV2 •100% 101% 32% 32% 43 433/8 •10 10% 12% 50 *69'A 30% No par ,14 133 *26 8 32% 16'A 10 31% 623A 9% 21.80 Corp *127 8 63 15% No par 31% 32% 9% 6.23 130 8 12% Corp— Common $4 31% 500 20,600 62 ;16% 23 ♦125 20% 32% 9% preferred Mining Copper 20% 3% 3 '/a 15% 100 Anaconda 8 3 preferred 600 91% *90% 20% No par $4 conv prior preference No par Amer Zinc Lead & Smelt com 1 5 26 23 100 25 100 preferred Anchor 10 Viscose American 15 53% Jan Tel & 5 prefeired 6% 6 29% Sep 50% Dec Tobacco American Water Works Co Inc 13 15 100 preferred American Sumatra American Woolen 30 38% May l 11% Nov 21 1 2 24 106% May 21 Co 2 Jan 26% Feb 109 Stores No par 7 55% Jan 40% Oct 25 common Jan 16 15 100 Co 10% Feb 15 Jan Snuff noncumulative preferred—100 6% 27% Jan 23 102 No par 9 16% Oct 24 10 10 38 40% May Co Jun 89% Oct 47 4,200 61% 7 13% Sep 9 2,400 33 *168 preferred 7% American 88% Mar 17 64% Nov 112% Jun 30 3% 5 Refg com Tobacco 9% Dec 29% 61% 31% 12% Ship Building Co—No par Tel 37% Jan Oct Seating American 119% Jan 30 32% —100 American 13 29% 62 No par Razor Safety 3 22 28% 33 Va 32 common—5 Sany 5 5 28% 3 % No par Co SLd Amer Smelt & 21 60% Jan 723A 32% 35% 28% preferred American 19 Oct 3,700 32% 723/4 61% No par & Cliem cl B & No par 134 7% Jun 3 1 Co Gas Co Co__ 24 10 44 32 73% 3% 20% 2 % Sep Jan 433A 32% 73% 400 14,500 61% *98% Co Auj'ewcan Sugar Refining com—100 65 44 32% 5,400 33% 3% 84% 17% American 130% Jun 44 73 5,500 61 *90 21% Aug 19 152% Jun 44% 32% 7% 32% 100 7 May 12 1 7% *26% 14% 9% _100 45 18 43% 32% 13% bb 66% Dec 8,500 *100% 2 161% Dec 35% 13% 15 139% Nov 21 31% No par com American Steel Foundries 22% Oct 116% Jan Rad Amer 2 16% July 30 353/4 102% Sep 14 35% 13% Feb Apr 35% *100% No par Mar 20 Feb 3.300 35% 13% 49 12 800 4% 35% 102% 38 120 16'A 4% 13% 6 135% July 1 16% Jan 11 141/2 16% 4'% *100% 40% Aug 18 60% Mar *124 100 18 20 39% Feb Ltd Co Sep Jun 165% Sep 131 & Metals 31 % Jun 6 *133/4 16% 4% 1 ; Molasses American Feb 1 preferred Jan Aug 14% 16% 4% 100 American Metal Products 36 6 111 common preferred 35% Dec 165 1 Mach 3.90% 31% July 30 16 50 preferred & Fdry common 2 28 1 prior preferred 5%% American 19% Feb 33% Oct •13% 161% 4% 17 16 13% Oct 141/4 16% 22% 15% Sep 18% Jun 22 *13% 17% 18% Dec 31 7% Jun 14% 22% 24 7 14 17% 13% Apr 8 14% 22% 1% 19 *13% 17% Amer 31 14 Va 22% 24 Oct 94 22% Investment Co of Feb Dec 94 *17% American 24% Mar 16 7 94 American International Corp.No par 86 29 *92% 8 100% Mar 17 105 353A 93 12 2 35% 35 *7% 18 3 71/4 37% 35 35% 35 *90 % 19% Sep Jan 7% *363/4 8 79% Jan Jan 7% *36 93 2 13 57% 490 37% 7% 37% *7% 24 97 *56% 7% *36% *90'A 84 14, 16 7% No par 24% Dec Sep *96% 37% 7% *36 preferred—100 11 88 10 com preferred noncuniulative 6% 24 9 8 Co Products Home 24 Sep SS American Ice Co common 9 18% Mar 26 convertible Jun Apr Co Hide & Leather 16% Apr 102 Electric & 40c Power_.No par 5% Mar 25 78% Feb 96 Lines Inc 33% Feb American 1 Secur—No par Foreign Gas 20 67 25% Mar 18 July~31 10 < Co com 10 preferred series B_100 12% Sep 15 21% 10 com Cyanainid Export 99 17% Feb No par 91% American 16 43% 32% 73% 29'A 46% 20% 22% *90% 15 16% Sep 7% 38 100 European G% x35% 25 preferred prior American 21% Sep 57% 20% 5 3 *56% *21 % 20 30 56% 16 22 8% Jan Dec 56% 16 21 31% Jan 23% Jun 25 56% 16% 16 11 16% 4% No par Sugar 14 6 15 16% 98 20% *14 12.50 Distilling Co 8 98 20'A 22% 1 1 Corp Encaustic Tiling 8% July 500 12% 3%% 93% Apr 22% Jan 4,400 59 27 47% 30 9 156 58% 60% 73 American 23 100 154% 154 72% 47 Oct Jan 18 12% 5 6% Jan 153 *59 2'A 35% *17 26% 100 6% Jun 8b 59% *2 *34 17'A 12% 6 19 59% 2% 35% 27% Jan Dec 96 60% 17% 72% 39% Jan 42% Aug 17 153 46% American 39 % May 27 *59% 29% 6 15 152 % 29% 55% Jan 15 153 60% 73%, 9 Jun 152 153 2% *34 12% Cable American 36 18 29%' ,4%% 36% Jun 35% *17 1,500 26 % preferred 4 Aug 2% *34 17% 73 96% Mar 9 *2% 35% 44% 6 18 2 2 *34 *17 73% Crystal 29 60'A par 2% 35% 17% / 44% 72% Colortype Co Jan 1,000 2% 33 American 3% Sep 19,100 73% American 27% Jun 6,900 46% 32% 20 48 50% 45% 43% Oct 10 50% 45% 25 21 Feb'll 50 45% 1 preferred 7% 25 % May 27 5% Jan 44 49% 45% 43% 33'A 1% 2 5~5~ 44 49% 45% 152 American Car & Fdry common 3 10 44 49% 35% 24 21 44 50% 45% *17 common 21 3% Oct 44% 45% 35% Co 16% Jan 45% Jan 600 300 49% *34 Co 8 *43% 92 3,800 23,100 44 36 Chicle 7 *90 44% 44% 4% American 12% Mar 91 93 45% 16% 16 18% Aug 14 *89% 44% 700 1,900 50'A 14% 25 7% Nov 13 91 4% 19% Feb 7 89 % *92 10 8,700 45% 1 common 14% May 21 20% Feb 13 16% Mar 683/8 100 900 44% 20 50 % Feb 26 68 9 8,000 50 No par Radio & 33% Aug 11 * 16 % in & Chain 9 44% *13% interest 44% Apr 3 91 92% 44 16% 4% of 6 Jan 91 1 preferred 5% 50% Jun 6 90% 37% 921% 44'A 14% Ctfs 2 29% Jan 90 37% 92% 43% *92 44'A 13% American 151 93 43% 50 (The) 38% 44 14% 26 10 68% 14'A 85% Mar 18 15 67% 43% 1 common 34% Jan 28% Sep 68'A 14 % 5 117% Jun 67% 14'A 44% Jan 22 68% 1 Inc 14 31 66% 93'% 49% May 25 22 8% -93% 15 Dec 8% 93% 26 8 8% 93% 72% Sep 54% Jan 8% 93'A 30 % 170% Jan *8% 93 % 40% Apr 9 8% 66% 38 % 100 preferred 8 May *8% 100 convertible 12 83% Oct 30 91% 30'A 37% common 26 143 *89% 293/a Broadcasting-Paramount 27 41% Jun 91% 35% 42% Jun 9 *89iA 34% 45% Nov 59% Jun 91% 35% Can 60% Aug 25 *89% 35% American May 91% No par 4 90 89 % Brake Shoe Co com Cable 15 96 56% American 96% Jan *93 * 7% *36% 1 15 94 37% common 32% Feb Apr 30 94 100 83% Jun 89 29% 96 29% 50 15,700 79 30% *93 30% 2 6% May 37% May Sep 3% 100 Corp 31% Feb 6 *77% 71 2,100 1421/4 96 29% 50 Bosch 12 Mar 3% 38% pfd 36% Dec 26 79 70% *138 1,700 com__No par 73% Apr 23 27% Oct 24 42% Jan 3% 8% *92 No par Co Co 3% Sep Sep *771/8 71 142% 37% Corp 7 Sep 3% 92% common conv Theatres 12 79 71 *138 *93 v90 66 No par Jan 6 29 3% 5%%—50 4% 15% Mar 20 Feb 15 4% Dec *77 Va 71% 142% 38% preferred preferred Amer 15% Mar 19 79 3% *138 1952 ser 2nd Amer 12% Sep *77% *70% 3% 38 preferred 6% 20 Sep cum American 26 72% 143 *92 America. Bakeries American 3% *138 30 96 8% 20 preferred Sugar conv 4%% 79 29% *93 100 Airlines American 15% Oct Nov Oct 3%% 8 31 Dec 102 4 16 10% Dec 55 8 97% Jun 50 43 15% Jan *77% 90 *70% 3% 143 19 common Petroleum 84% Feb 72%. 3% 25% Agricultural Chemical__No 29% July 1 Sep 18 26% Sep 15 93% Aug 20 *70% *138 19 Amalgamated 2 19% 24% Amalgamated Leather Co com 6% convertible preferred 29 19% 19 3% Mar 24 Apr 19% 25 19% Mar 18 12% May 19% 19 36% Mar 24 73 19% 25 30 Amer 19% 19% 29 Amerada 19% 25% 20 6 20 % 19% 16% Jun 5 50 5,400 19% 21/4 19% 25 % 33% Jan 75% Jan 1551% 2% 25"% 2 189% Jan 155% 2% 20 11 14 155% 2% 25% Jan 14 *155iA 2% *19% 18% Jan 57% Oct 1021/4 103% 155% 2% * 19% 35 148% Oct 102% 26% 24 9 103% 19% 15 30 20 6,600 155 % common__No par Mfg of 4,800 223/4 26'A Nov Dec 83/4 501% 2% 100 Limited Apr 223A 5 Co 74 8% *50 155% No par Alpha Portland Cement x235 23 No par Aluminium 9 8% 50% 2% 1 Dye Aluminum 20 22% *155% 1 Inc convertible 60% Feb 103% 8% *50 2% par preferred 141% Jan 103% 23 100 500 3,700 155% No par 15% Sep 33 ' 8% 50% 53 22% 2% 100 Co Allis-Chahners 3%% 103 22% 53 22% *155 % 1 Allegheny & West Ry 6% die 102% 8% *50 54 22% 102% 100 — common Mills Jan 23 22% 5 Alleghany Ludlum Steel Corp $4,375 cum preferred No 87% Sep 8% Oct 85 8% 50% 22% 22% 10 preferred A prior preferred conv $4 102 8% 50% 22% 100 Vicksbiirg Ry Gold Mining common preferred 8% 50 % 23 23 100 5%% Aug 24 8% *50 „ common__No par 1951 Alleghany .Corp 5 21 preferred Reduction Alabama 200 21 3 155 43% 3,800 26% 8 2 4% 4% 20% 49% Sep 17 1.400 4% 27% 22% Oct Jan 9% 21 22 18% Oct 9% 27 May 21 2% Jan \ 1013/4 9% 20% 29% Dec 139 4% 3,000 1013/4 26% 1 4.50% 4% Shares 42 101% 9% 9% 4% 41% 101% 21 May $3 *9% 4% 4% 9% 42 the Week 26% Corp Affiliated 9% 9y2 41% 41% 104 Friday Oct. 23 20% Addressograph-Multigraph Air 41% *102% Oct. 22 1 Jan 51 42 104 Sales for Thursday 10 24 18 41% *102% 9% PRICES Co 48 7% July 17 42 104 2.50 Co Express Adams-Millis Admiral * SALE Oct. 21 *102% . 1 Co HIGH Wednesday Oct. 20 41% 100 Corp AND Tuesday Oct. 19 & preferred 4% 10% July 3 Monday Par , AbbottLaboratories 29 9% July 1 3"% Sep 15 20 Vi Sep 15 25% Sep LOW Sl-OCK YORK NEW Range Since Jan. 1 Year 1952. 108 FOR EVERY LISTED ISSUE STOCKS Range for Previous Lowest Exchange 101% 33 33 33 33 32% 32% 43% *9% 44% 10% 44 % 44 % 43% 44 8 3 No par 35 3 35% *9% 10% *10 10% *2% 3% *2% 3% 35% 35% 34% 34% •2% 33 3% 34 33 33 1,000 43% 44'A ioy2 4,300 •10 *2% 31/4 100 31% 32% 2,600 11 / 12 Financial Chronicle.. The Commercial and (1576) STOCKS Range for Previous Year 1952 7 15% Oct 35 y2 May 8% Oct 1 22 22 42% Dec 16 31 27% Jan 30% Sep 5 12% Mar Sep 14 14 15 Sep 15 Sep 8 % 77 77% Oct 22 46% Nov 10 96 Mar 13 57 Jan 28 48% Feb 9 3 99 Apr 1 89% Sep 24 116'/2 Jan 22 92 y» Jan 107% Nov 3 16% Jan 22 7% Oct 25% May 31. 9% Dec 19 24 6 16% Oct 22 27% Dec 29 Dec 19 NEW Range Since Jan. 1 Highest 102 % Sep 21 16% May 28 7 Aug 31 14 15 23% Mar 27 43% Jan $6 conv 10 Arnold 2 32% Jan Aug 18 23 % Sen 15 29 18% Sep 15 22% Mar 11 Feb 28 101 Dec 16 89 % Sep Jan 2 98 Jan 23 92% July 2 25% Sep 25 3 Ashland 18 Va Mar 25 Mar 27 Jan 15 Jan 13 50 % Jun 23 57% Jan 6% I 25% Feb 18 97% Nov 6 •>,88%' July 28% Sep 28 97% "Mar 25 9 123% Dec 23 96% Feb 28 110 Dec 22 31 Sep *93% Jan 15 36% May 8 100% Jun 24 94 Aug 26 75% Jan 26% May 2 1 30% Jan 26 83% Sep 14 Oct 23 25% Sep 14 101 89% July 28% Jun 1 16 103 33% Jan 30 31% Apr 24 16 29 5 5% Sep 21 27 3 15% May 5 16'/2 Mar 13 3 13% Jan 9 17% Mar 21 42% Jun 26 so % Nov 14 15 36% Sep 22 5% Sep *83 8374 83% 83% 83 7/2 8374 84 600 53 5274 52% 5274 52 % *5274 53 1.200 9374 93 7k 93 7 k 9374 9374 9474 9474 410 106% 100 10574 106 Va *105% 10674 *105% *16 3 4 17% *1374 17% *1674 17% *1674 177k 7% *7 7k 774 *7 Va 7% *7% 7% 7% 7% 106 106 52 % Feb Goods 2774 2774 28 27 27% *27% 2774 *27% 2774 700 117k 12 Va 12 127k 1174 12 1174 11% 117a 12% 12,600 23% 237k 2374 237a 2374 23% 237« 237k 237a 4,000 197 k 197k 1974 1974 19% 19% 19% 1974 19% 2,600 93% *93% 94 *93 7k 94 *93 Va 94 92 93 7k 96 *9574 96 *9574 90 93 Va *9574 96 95% 95% 9574 957k 90 10 28 V« 2874 28 7 k 287k 287k 28% 29 29 29% 29% 3,100 9274 _ 100 —100 preferred— 93% 9174 91% 91% 9174 2,700 *5274 5374 *53 5374 1,200 28 *27% 28 92 917k 92 89 89% 89% 907k 104 104% 27 27% . Investment Co Topeka Ac Santa Fe— 92% 93% 9174 92 5374 53 5374 5374 53% 10 28% 237k 28 28 2774 28 100 9174 9174 92 92 *91% 22 .No par 8974 90 % 897k 90% *53 Electric Co Coast Line RR W I SS Lines series $3.75 106 1 10 Refining common *100% 106 89 106 28 *91% 897k 105 *101 26% 27% 27 27% 27 27% 94 94 Va" 94% 94% 95 95 297 k 297a 29% 29 Va 297k 297k 3274 33% *3274 32% 32% 3274 99% *93 7k 99 Va 99% 99% 99% 1774 * *17% 1774 *17% 1774 *94% ' 29% 1,800 190 3,700 400 101 101 33% 99 100 B„. 5 20 (voting) Tack Avco 26 237k Corp- preferred City prior No par *5 7k No par Co *15% (The) 574 17 % 574 16 33% 101 1774 574 * 27% 2774 20,300 150 95 95 95 29% 29% 29% 1,400 33 33 2,000 99 Va 997a *17% 1774 *15% 16 157% 15% 16 *15% 16 3 5% 57 a 57k 574 57k 574 .No par *39 74 397k 39% 39% 39% 39% common preferred 5% 5% 170 200 5% 100 16 15 % 15% *15% 16 1574 Amer of *5% 5% *5% *15% 5 ($1.20) prcf Canteen conv *17% common Mfg Corp $2.25 100 .No par Corp Nichols Conv 26 100 ■V 2774 -f.il 19% Automatic 6 8% Feb *7 ' .2.50 Inc Refining Co_. convertible pfd series A 4% 9 7% Mar 23 8'% Nov & Dry Common Austin Nov 3 84 3% Powder— Atlas 7% Dec 6% Jun 8374 *83 -No par Preferred 7 Jan 15% Jan 17 17 15,900 177k 1st Atlantic 108 % Mar 18 17 16 874 1057k Atlas Corp 36'A Mar 27 94 % July 5% Oct 37a .No par ■ preferred 4% 2 30 12% Apr 87a Preferred 22 44 V2 Jan 14% May 87t *1G34 Oil Atlantic 2 Jan 30% Feb 99 117% Jan 4 87 k 105% Atlantic G Ac 2 24 % Feb 87 a .5 3 Mar 114 30 Jun 87 a 9 Corp Atlantic 31% Sep 3 2,500 14.300 87 a preferred--No par 2 119% Jan 102 % Oct Mar 18% 357a 5274 2nd Atlas 31 18% 34% Common 13 Dec 8 17% 35 *9274 Associates 5 Jun Sep 14 17% 34% 92 7k 5.25% 22 27 86 17 347k 2nd preferred $1.50 series-.No par Mar 25 32 58 4 7 16% 3374 Coramon 22 99 y2 A or 100 104% Dec 27 61% Jan 21% Jan 1674 34% 527k Atchison 73% Feb 1634 3374 92% Associated 81 Shares 17 527k Industries Arvin 6 22% July 25 91 Oct. 28 it 34 7a ..No par Constable Artloom Vk Mar 26 11% Sep 31 Sales for Oct. the Week Friday Thursday 17 .No par convertible $4 PRICES 5 com _ SALE Oct. 21' 33% 5 prior preferred _ HIGH ' 19% Jan 25% Sep 20 Illinois preferred AND if) 10 — — of Oct. 1!) Carpet Co Inc $3.75 112% May 25 31 18% Feb _ Oct. Wednesday Tuesday Monday Par Armstrong Cork Co com 7 23% Mar 25 32% Dec LOW STOCK Corp Co Ac Armour 55'/a May 22 Jan Steel Arrnco Mar 25 93 Oil Corp Argo 5 12% Mar 26 97 YORK EXCHANGE Lowest Highest Monday, October 26, 1953 Continued—Paze 2 NEW YORK STOCK RECORD Lowest . 157k 15 7k 1574 2,600 5% 57 k 57 k 57k 27,900 3874 3874 500 15 % 39 39 B 6% Dec 22 «% Jan 30 4% Sep 31% Oct 16 39 % Dec 10 35% Jan 8% Oct 6 11 % Jan 22 8 Sep JUubbll.l. (T) 14 42% Mar 25 Babeock Ac 14 11% Mar 20 Baldwin-LimarHamillon Baltimore 23 7 Jan 16 17% Feb 20 29% Dec 23 20 Oct 6 30% Mar 19 36% Feb ' 20 49 % Nov 13 43'/« Sep 15 48% Mar 25 Apr 23 23 % Jun 26 16% Sep 15 22% Mar 17 65 y2 Jan 11 73 Nov 24 67 Jun 9 76% Mar 17 16 54% Dee 10 38 Sep 14 18 42 Oct 15 % Dec 36 May 22 7 20% May 23 9% Feb 21 59% Apr 12% Oct 15 17% Mar 12 37% Sep 15 39'/a Feb 22 18% Sep 18 25% Mar 19 Bath 11% Dec 5 9 % Sep 11% Feb 16 40 16 107 Dec 22 40% Oct 23 31 93 5 106% Oct 23 3% % Oct 23 4% % Jun 90% July 28 16% Oct 22 78% Fel) 14 12 17 Apr 22 22% Jan 4 16% Sep 87 Sep 16 Oct 9 22 'A Mar 86% May Beaunil i) Co eommon____12.50 39% 39% prior preferred-.. 100 100 104% 104% 105 94 94% 94 2.50 17% 17% 17% 17 Beck 8 Shoe (A Creek 27 Feb 5 30 '/2 May 26 10% Oct 20 31% Jan 14 15% Jan 19 17% Sep 15 Oct 1 14% Apr 28 23 Dec 9 18% Oct 27 28 Feb 28 16 *91 % Feb 13 94 May 22 90 May 21 45% Apr 24 64 Dec 22 50 Sep 29% Jan 14 38 Dec 1 106'/a Dec 11 14 29 J~a~n~l9 1% Nov Oct 1 1% Mar 14 2 22'/a Mar 13 Bell 26% Feb 93 Jan Aircraft Beneficial 27 1 32 Oct 22 Common 107 va Feb 27 Cum 1 Sep 22 1% Jan 7 Benguet 24% Oct 23 27% Jan 5 Best Ac Best 38 16 36% Dec 15 Oct 5 37% Jan 20 1 55% Dec 31 44% Sep 15 57% Jan 6 146% Aug 26 135 % Jun 19 144% Feb 0 11% Sep 17 Oct 8 139% Apr 29 12% Oct 16 78% 8ep 2 Nov 3 7 18'/a Jan Jan 84 14 39% Mar 12 30 63 31% Apr 30 Jan 13 16 4%% 14 22% Mar 17 21% Jan S Bliss 15 24 y4 Mar 12 Bliss Ac 15 36% July 13 2.7 % Mar 18 Blockson 4-8'% Mar 20 18% Apr 14 23 Dec 11 19% Sep 22% Oct 27 25% Nov 18 22 % Sep 31% May 16 Oct 29 41 .% Dec 23 Jun 30 16% Sep 15 29% Jan 2 21% Jan 2 25 6% Sep 18 12% Mar 12 1 12% Sep 15 14% Aug 13 6 11 13 12 6% Oct 15 11'A Jan 6 «% May 17 16'/o July 11% Mar 54% Aug 28 < Dec 15 49% Jan 3 61% Jan j) 82 89% Jan 8 13 14% Feb 21 39% Nov 13 47% Feb 21 Jan 52% Jan 14 95'/a Apr 23 10% Nov 64% Sep 15 Jun 15 Sep 11 33% Sep 15 23 % Mar Mar 60% Oct 86 34 25% Jan 2 Dec 1 9% Nov 17 14% Jan 25 15% Apr 7 22% Dec 2 35 . 94'/a Jan Bolin 19% Sep 15 33 Mar 3- 4 91 8 22% Jun 15 54% May 29 45% Jun 9 10 35% Feb Jan 9 24% Oct 21 21 May 28 31 12% Feb 14 51% Jun 20 63 '/2 Dec 3 Oct 23 20% May 26 22% Oct 16 13% Sep 76% Jan 15 27%.July 24 15% Dec 12 7 81'/a May 29 76 Jun 9 Feb 26 50 Aug 46 Sep 15 16% Dec 16 20 Dec 1 17% Jan 2 40% Feb 14 127'a 1/200 *37% 39 39 20% 20% 207a 20% 2074 1,200 9% 97a 9% 978 978 2,000 397a 39% 39 7« 3978 40 % 1,800 10674 10674 95% 95% 95% 96 1,200 17 1674 17 167a 17 Va 2,400 81 81 81 82 83 100 10 17,700 *105 9% 11 11% 97a 33 % 33% 33% 28% 2874 29 29 10% HV2 10% 11 11 11 11% 1,400 217a 21% 3,700 11% 33 % *33 *33% 28% 3,100 29 217a 217a 217a 217a 17 *17 173/a 17% 17% *17 17% *90 65% *90 94 *90 94 94 *90 94 —10 35% *98 1 94 61 % 61% 35% 35% l3»a 1 Va *98 104 1 1% 4 11% Sep 217a 61% 62% 35s/. A 35% 35% 1 1% 32 102 ji 1 607a 61% 61 357a l'/a 102 102 *98 1 Va *90 62% 36 36 1 rl 32 102 36-J/a 32 1 1 30 l'/a 1 25 25 31% 31% 317a 31% 3174 3174 3,500 49 Va 487a 50% 497a 50% 50 50% 33,700 143% *141 142% 20 9 29 29 17 91% Jan 7 19% Jan 3 8 92% Apr 14 74 Jun 84 Apr 18 67 Jun" 10 16 Dec 22 18% Jan 7 14% Dec 31 13% Sep 10 14 78 Jan 15 12 Jan 2 11 Oct 6 15 118 Apr 26 8 125 Jan 21 135 33 Apr 28 39% Sep 2 35 Jan 9 40 1 14% Dec 31 11% Sep 30 157a Feb 12 83 '/a Dec 4 14% Jan 17 Aug 28 5% Sep 15 127a Feb Jan 3 19% Sep 14 27% Mar 20 26 79 86 preferred Union-Gas cum Co Forge Co 16 Mar 16 26 Bush Bros 4%% Butte 7 2774 Jan 13% Mar 29 3 102 Jan 30 Sep 24 100 77a 8,000 39% 39 27 *93 24% 7 * 39 38% 38% 33% 27 27 Va 7 7 M) 2.700 387k 39 % 27% 27 *26% 26% 27% 900 7 67k 6% 6% 2,300 247k 2474 2474 6.700 5,500 *6 7k 31V4 31 31% 31% 31 Va 317a 35'a 353/a 3574 357k 35% 357a 1,200 18% 19% 187k 18% 18% 18% 187 a 5,800 93 % 93 Va *93% 25% 26 Va 247k 307a 52% * 247k 35% 94% 24% 26 *50% 257k 52 Va *49 Va *9374 95 187k 95 *9374 25% 257a 25 *49% 50% *49 1174 25% 51 10 95 25 3,700 , 50% 2,200 11% 11% 11% 117k 1174 60Va 60Va *60% 62 62 62 15% 15% 15% 15% 15% 15% 15% 157a 15% 137k 2,000 21% 22% 22 22% 22% 22 % 22 22% 22 22% 3,700 14,200 No par 11 % 11% 11% 1174 117k 62 *61 11% 11% 117k *74 76% *75 7674 *75% 7674 *48 49 48 48 Va *47% 48 26Va 267a 26% 27 26% 5 *37% 38 38 38 *37% 11 80% 10% 11 81 *80 % 81 *66 70 *66 70 15 15 *11% 1 • *125 *36% 11% 14 74 113A 130 , 11% *125 *35 7a 37 11% 48% 600 26% 27 38% 7674 *47% 267a 26% 267a 11,400 *3774 38% 38 38 11% *80 % *bb 70 *125 *35% 1474 15 117 k 130 107k ~ 37% *11% *125 ; 357k 10% 11% 11% 35% 11% 14% *11% 147 a 5,900 1174 400 130 130 10 *35 37 20 13 % 15 13 V8 13 Va 81Va 81% 5 7Va 7Va No par 10o *21 % *103% lo 17% 17% 17% 17% 177k 177k 17% 17% 177a 217a 22 % 22% 227k 22% 22% 22% 22% 2,700 177a 5 Packing Corp 120 70 100 common-. 13,000 80 % *66 14% 130 200 80 % 82 70 *1174 11% 37 11% *74% 48 81 It 74 Va 200 62 7674 107k 130 11 11% 11% 48 *74 80% *66 15 11% *61 % 13% *81 7% 21 22 105 ♦103% 13% 13 13 81% 81% 81% 77k 77k 77k 7% 217 k 21% *20% 21% 13 % 13 81% *81 77a 21 105 : *103% 105 *10374 105 13% *81 7% 21 *103% 8174 60 77a 1,100 400 ?i 105 800 1% 1% 1% 1% 1 % 2,200 7% 77k 7% 7% 77a 6,100 Campbell W Ac C Foundry No par Canada Dry Ginger Ale corn—1.65% *21 % 21% $4.25 Heela conv 34 Jan 5 Canadian 54 Jan 5 Cannon 13% Jan 29 92% 77a 1% 14 19% May 25 *91 % 7% 21% Sep 44% Sep May 27 9174 8 Va 8 1% 40% Mar 31 22. 7 8% No par .' « Inc preferred Canadian 30 38% *27 8 8 53 18% Jan 9174 *9174 7% 21'A Aug 18 9 92% 8 Va 1% 24 For footnotes see page 92% 87a 2.1% 22 30 *91% 8% 5,900 1% 17% Apr 30 92% 8 '70% 7% 46% Jan ;9% Sep 15 23% Sep 14 16% Sep 14 *91% 200 5,300 60 69% 22 Va 5 3 68% 1 l/b 11 31 59% 59% 6974 7% Sep Apr 597a 5974 68 ,—5 Jan Jan 117a 59% 100 common (A Ac 51 16% *1178 60% 2.50 participating preferred 20 56 117a 5 Byron Jackson Co 19 17 1174 687a 5 preferred *16% May 26 *46% Nov 25 9% Oct 15 11% 59% 100 ; Calumet 1% 117k 5,900 15 Copper Ac Zinc Byers Co 117a 67 3/4 Bldg 7%' pfd—_10o prior preferred 50 conv Butler 137a 67% Terminal 5% 13 % 60% 2.50 Bush Terminal Co < 13% 60 Mills Corp common—1 preferred 100 preferred 100 Burroughs Corp 5 9 450 540 13% 13% 67% 3%% California 15 *11% : Callahan Zinc-Lead Sep 11% 13% lo 2 10 *117a new 2 86% Oct 1.25 Watch Co Inc— 2 7 13 % 1 3% Mar 12 13 Va 7 6% No par 93A Mar 14 13% Co 7 Jan 13% 67a 7 77k 7 100 preferred 15 20% Sep 24 Dec 24% 7% 1 15 95 207a 2374 *7 Va Inc 1% Sep 26 20% 24% 7% Bigelow 20% Oct 11% Jan, 2 6 7a 24 *7% 257a 24% Mar 12 2 20% 237k *51% 409% Mar 10 4 20% 2274 40 15 July 17 4774 207k 23% No par 30 Dec 47 20% 4% 13 July 15 27% Jan 48 20% com 16% Sep 6% Sep 5,500 47% 23% preferred conv 103% Sep 2 477k 29,400 19 4 17 8,500 487a 18% 4 22 27Va 48 23% common 25% Apr Jan 23 27 48 Va 35% 108 </2 Jan 3% Jan 23 27% 30% 12 10% Jan 22% 26% 35 14 29 22% 2674 29% 19% Nov 30 22% 267k 20% Co 104% Apr 34% May 16 1% Oct 28 22% 26% Burlington 7 3 M*r 22% 26% Briggs Manufacturing Corp—No par Ac StraLlon No par 2 30 Jun 22 */a 26% Brlggs Bullard 700 213A 26 24% Bulova 17% Feb 137a 24% 2 Jan 17% 14 34% 5 Bucyrus-Erie Co Budd '(The) Co common 25 8% Nov 13 19% Oct 28 Brass 28% May 20 43% Mar 17% 137 k 47% i 14 15 27% Oct 4,100 17 14 20% Co Ac 35% Jun 22 10% Oct 14 2,000 13% 17 Va 137a 5 $5 300 17% 13% 17 14 46% '. Bearing Airways Inc.. Buffalo 3474 17% 17 693i 100 Shoe 6 *34% 17 Va 137a 34 Va RR— Brown 64% Mar 10 34% 34% 470 213A 15 Brunswick-Balke-Collender 163A Mar 25 34% 35 23% (The) Brown 83 % Feb 68% 67% 11% 5 Inc Club 22% Mar 17 10% Sep 12 68% 11% 68 1 13% July 20 5 117a 117a 68 17 5 Corp Inc Maine 100 3,200 12% 69% 11% 67% No pur Bridgeport, 5% * 11% 69% 117a *33% 317a 1,600 25 No par Brass 66% Jan Jan July Co Ac Roller 3%% 143% '141 *141 2474 2.50 preferred Brooklyn 141 137a - 30,400 1% 25% *34% 10 7,800 152,800 3 2 7.50 16 25 143% 11% 31 Va 300 11,100 105 105 l'/a 61% x25% 25% *67 Bristol-Myers Co 2 39% Aug 17 * Jan *140% Co 15% Sep 20% Sep 76 129 "6% Bower 99% Feb 49 141 No par Co class A Ac Branift 54 Chemical Co 24 25% 49% Common 9 25% 1 Book-of-tlie-Month 7 25% 31% (Delaware) 200 337a 17 48% Borg-Warner Corp common 3%% preferred 12 27% Jan Co 140 107 Va 95% 107 21% 100 59% July 14 84% Jan 16% Oct 12% 127a 17% 31% Co Stores Borden 19 25% Mar 10! 27% Jun *23% Nov 7 46'A Mar 11 % Jan 103% Jun 21 11% Oct Sep 21 6'/a Sep 15 26% Jan Nov 3 25 17 % Sep 12 37 31% Nov 2,400 217k Carpet (Del) com 5 Co Alumium Bond 137a Mar 19 4 38% Dec 24 Jan 7 42% Fel) 18 43% Jan 41% 17% No par com Class B Mar 25 28 Sep 22 33% Sep 21 Jan 30% Apr 9 40% 21% Co—1 peso Lauglilin Inc Bon Ami Boston 22% Jan 11 100 (Del) Airplane Boeing 29% Mar 18 25 29 89 20 40% 17 287a 10% 1 (E W) 7% Apr 28% 11 1 Blaw-Knox 15 78% Jan Mining Black Ac Decker Mrg 38% Aug 26 12% Sep 11% May 28% 1% pfd series of 1951 15% Sep 36% May 14% Nov 28% 127a *37% 39 *80 *10Tk — Blgelow-Snnlord 18 41 common preferred 7% 15 02 Va Jan 28 17 Corp Bethlehem Steel 22 % Dec 95 1274 39% 100 Co 18% Nov *50 40% I rights 15% Oct 20 33 70 94% 82 ii74 pfd $3.2!) ser of J94U_N» par 15% Mar 15 12% Nov *69 • 22 29% Jan 3 17 70 397a % 33 % 5 Consol *69 -105 11% 11% 70 200 177a _10 common Foods 17 39% 33% *33 *17% 974 105 1 Corp Loan Feb 13 17 *80 81 17% 20 9% _lo preferred Jun 81 39% *173/a *37% 1 Aviation Bendix 93 33 '/a Jun 9% 48% 18 % 12% 127a 50 Ilowell Co Ac 4%% 12 68% Mar 20 29% Mar 31% Dec 100 Belding-Hemiuway Bell 46% May 32 pfd RR Beech-Nut Packing Co Mar 16 14 la's Oct 25 4%% Aircraft Corp 12 •7 Si Beech 20 12% 12% 22 48 3,500 40 94 % Beech Jan 41% 9% 16% Mar 20 10% May 16 40% 9% 33 % Jan 25% Oct 41% 41% % 41 70 No par May 19 14 70 39 31 Sep 70 207a 79V2 Jan 9 73 *20 17 10,200 *70 *37V2 Inc 46,200 43 48 *17% 21% 22 Va 477a 17% 39 Mills 2174 47 74> 21% 477a 20% preferred 21% 21% 12% 30 33'/a Jun 30 96 13,200 17% ; Beatrice 87a 47% 20% Inc 8% 21% *37% Cigars 14 34% May 20 40 Va 87a 18% 10 Corp 40% 8% 21% 10 Works *434 39% 8% 5 48 50 common preferred Iron 47a 40% 8 Va *474 8% 21% 100 10 300 47a 3974 4% 40 8% *1774 50 preferred 40 8% 47% 100 common 4% 47a 40 Foods 4%% 27 8% conv Bayuk 33% Apr 5% Brothers Barker 10 23 18 39% 13 Corp Barber Oil Corp 7 .Ian 94% Apr (The)_Nopar Aroosloolc common Convertible 19% Jan Dec Oh io Ac *4% 1 Co noncumiiialive preferred—100 4% Bangor Ac 24% Dec 41 inc Wilcox Canada Southern Ry Co Breweries Ltd Pacific Carey Mills (Philip) No par 100 Mfg Co 22 22% 227 a 22 22% 22% 11% 11% 11% 117k 11% 11% 11% 113 a 90 90 90 90 P0 90% f/0 90 53 53 *52 54 *52 54 *52 54 *52 *19% 207k *19% 20% * 20 Va 23% 23 % 23 Va 23 34 23% 24 45% 44% ♦441/2 600 • 207k 24 1,800 54 20% *20 V* 2374 *45 20% -'..*20% >3% 24 45%: 10 10% 5 25% 257a 17 17 lo 22 11% 90 1 Co 22 11% 89 V2 No par —No par (The) * 25 Ry Capital Airlines Inc Carborundum 1 fjfI45% 447 k 45 % 45 45 «« V9% 10 10 10 9% 974 Z. 25% 25% 25% 26 7k 26 26% 267a 27 17 17% 167k 17 mi 17% 17 Va 17% 9% 7,700 540 . 97 k 1 10 31,300 * 400 2,700 4,700 900 Volume 178 Number 5267 ■.. The Commercial and Financial Chronicle (1577) NEW YORK STOCK RECORD Range for Previous STOCKS l'ear 195'i Lowest 104% Jan 34 9 Feb 39% Oct Range Since Jan. 1 Lowest Highest 20 116 Aug 5 41% Dec 10 NEW },. Highest 103% July 20 34% Jan 10 113 % Mar 19 43 Mar 30 53 % Jan 28 4 39% Sep 34% Jan 14 36% Dec 2 45'A Mar 10 58 Dec 4 55% Jan 5 72 5 10% Feb 20 14% Dec 3 22 Oct 142 21 Nov >13 47 % Jan 99% Jan 3 33% Oct 30 30% Apr 18 154'% Aug 21 2 66 12% Sep 24 14% Sep 115 Sep Case 17 143 45% Sep 21 7 96% Jun 23 *5 150% Feb 26 *6 110% Jan 2 19% Oct 19% Mar 25 9 16% Mar 18 5% 20% July 27 Central Aguirre Central 28 20% Mar 12 19% Feb 19 4% Sep 15 17% Jan 7 35% Dec 8 47% Jan 17 68% Dec 8 10% Jan 29 3G Apr 24 104 Jan 8 19% Oct 29 21% Nov 25 15% Feb 5 24% Oct 9 15 Feb 13 Dec 22 40% Aug 38 110% Oct 2 20 24% Oct 1G% Apr 17 20% Dec 1 15% Dec 31 21 6 0 Apr x34 10 3 Dec 9 13% Oct 23 33% Oct 28 9 Feb Jan 29 4UV2 Jan 22 Central 73 % Jan 30 5% 11 % July 14 16 12 13 Feb 40% 40% 39% 40% Ry 40 L600 40% 300 21,900 40»/a 40 40% f 63 65 64% 13 64% 127/a 12% 13 13 13 13 16% 16% 16% 16 16% 16% 16% 16% 16% 116% 116% 116% 116% 116 46% *102 20% par 109 116 *116 47 47 103 *102% 20% 20% 109 109 *63 117% *116y2 47% 117% 47% 103% *102V2 20% * 48 103% 20 110 4 66 48% ' >103 20% 108 V2 19% 109 108 48% 104% 20% 108 48% *103 19% 108 49 100 1,400 17,700 100 5,800 104% 20% 109% 38,400 300 73% 74 73% 74 73 74 71% 73% 16% 16% 69% 71 16 16% 4,200 16% 16% 16% 16% 16% 16% 1,400 16 % *15% 16% 16 Va *15% /20% 20% 20% 19% 1 Georgia 260 39% 40% 13 5 Co Shares 109 13 20 Sugar 108 the Week 5'A 5% 5VB 5% 5% 5% 30 30% 30% 30% 30 Va 30% 30 68% 69 69 69% 69 'A 69% 70 No par ...100 *15% 20 16 20 *20 5% 16 20% 5% 30% 70 *15% 20 5% 30 70 16 100 20 2,600 5% 2,900 30% 3,300 70% 1,500 Central Hudson Gas & Elec—No par 11% 11% 11% 11% 11% Central Illinois 11% Light 11% 11% 39% 39% 39% 11% 39% 11% 3,200 39% 39% 39% 40 40 40 105% 2,400 106% 106% 106% *106% 19Va 19% 19% 173/s 17% 20% Mar 28 % Feb 6 4 2 %%» * common preferred 100 14 28% Feb 25 Class B 10 22 % Mar 27 Central & 22 17% Mar 16 Central 6% Sep 15 9% Mar 12 19% Oct 13 14 15% Mar 20 Certain-Teed 15 37 Chain Feb 5 Cerro 3 de 105% *105 V4 19% 19 VB 19% 19% 19% 16% 16% *16% 17'A 16% 17% *17 17% 17% *17% 17% *17% 17% 400 21 Va 21% 21% 21% 213/8 21% 16,300 *113A 12% *11% Pasco Belt 17 17 5 20% 21 9.50 *11% 12 No par West 6% Corp Sugar Co Century Ribbon Mills 11% Sep 105 19% 50 South Vloleta 30 38 % Jun 105 10 50 Central Illinois Public Service. Central RR Co of N .1 class A 24 Sep Sep 397/B 40 16% No par preferred series B l 8 10% Apr 65 109 40 40% *39% >108 40 Friday Oct. 23 Mar 27 Jan 14 % Sep 11 108% 40 4 ) Sales for Oct. 22 - 42% Mar 25 110 17% Jun 24 14 39% preferred 100 preferred series A_100 of 4'l *62% conv Corp common preferred 15 97 14 % Sep 18% Jun 26 40 40 10 Celotex 15 35 % Jun Jun 7% Feb 41%® 108% 4(>% PRICES Thursday Oct. 21 108 40% 64 100 Corp of Amcr com—No 2nd 4%% 8 58 % Feb 42 27% Sep 59 % Sep 7% HIGH SALE Wednesday 13 12.50 Foundry Co 17 % Jan Celanese Jan 108 40% 39% 100 2 98 109 *62% 1 — . Oct. 20 10 common 4.20% 38% Jan 15 14 Prefeired 133% Jan 16 9% Feb preferred Caterpillar Tractor Feb Tuesday .50 series Corp 7% 9 15% Sep 15"% Oct 23 *40% Co common 13 2 Oct Jan (J I) 22 19% Jan G 5 65% Jan 105 40% common:— General Oct 24 19% July 30 Jan & 69'A Oct 108 15% Oct Oct Corp 108% No par 5 Conv preferred 4% „ 25 31 94% Nov Carrier 16 - Light Carpenter Steel Co Carriers Dec 131 % Dec Power'&• 14% Mar 27 104% Aug 51% Jan 2 Mar 16 Mouday Oct. 1?> Clinchfield & Ohio Ry_100 Carolina 5 39% Jan Jan ' Par Carolina 4 21% Jan 23 49 STOCK YORK Continued—Pagt 3 LOW AND EXCHANGE Corp. 17 6% 21 % *6% 12 21 21% 21 11% 12 11% 31% 31% 31 6,600 17% 500 12 6% 31% . 6% *6% 21% 12 10 12 40 19% 21% 213/a 21% 21% 21% 7,300 11% 21% 1 Corp.. *11% 7 5 Products Co " 17% 21 *11% 107 12 11% 123/8 12% 12% 20,900 31% 31 31 31% 700 32% 1.900 *31 7 *6% *31 7 200 Champion Paper & Fibre Co— 22% May 98 1 30 July 24 26% Jun 16 32% Oct 22 92 % Jun 22 103 '/a Ju u 30 Jan 18 5% Oct 23 8% Jan 17 May 17 34% Jan 26 26 39% Dec 10 88 23 80 28 33% Jan 2 81% Jan 4 16% Feb 20 22 % July 22 15% Feb 20 105% Oct 21 Dec 4% Sep 15 Common Sep 31 % Feb 15 41% Feb 85% .Jan 30% 30% 100% 100% 100% 100 y2 100% 5% 5% 5% 5y2 53A Chesapeake 5 Chesapeake & Ohio lly common..25 2 *53/B *27% 28% *27% 28% *27 Va 28% *27% 36% 36% 36% 36% 9 Jun 3 23 12 Sep 15 23% Mar 13 27 20 21 Aug 31 30 % 5% preferred Checker Cab 4 32% Sep * 1.25 $4.50 7 % Mar 27 15 23% Dec 26% Mar 17 Jun li'/n'/o No par Manufacturing Corp of Virginia convertible preferred Class 100 100 Chicago & East 111 Kit com..No par A *84 21% July 7 21% Mar 24 Chicago 18% Feb 20 28 % Dec 12 17 Oct 26% Jan 5 34 % Dec 1 27 % Oct 34% Jail 21 12% Mar 1 18% Dec 17 Oct, 28 10% Dec 18% Oct 15 24 x39 % Feb 27 51 % Dec 7 15 12 18 6% Sep IH 12% Oct 23 Mar 18 Sep 40 % Sep 10 Jan Jan 35% 32 101 36'/a 353A 6 1 86 15% 15 15 14% 23'A 23% 15% 1,600 24 Vb 23% 24>A 23% 233/a 233/a 23% 2,100 19 19% 19 86 19% 18% 19% 9,400 18 18% 18 18 17% 17% 18 27% 18% 3,300 27% 27 y4 27% 27% 27% 13% 273A 27% 13% 13% 2,000 13% 13% 133/4 133/4 14 13% 13% 6% 6% 6% 7 *6% . Class B St series 5% No par ... Milw Paul A Pac & pfd nonclim 6% No par 7 *6% 7 19 18% 13 13% 13 133/b 11.500 44% 43% 44 43 y2 43% 43% 43% 43% 43% 2,500 21% May 21 Chic com__No par 14% 14% 14% 14% i4y8 44 5'/o preferred series A 100 Chicago Pneumatic Tool coin.No par 36% 37% 37% 37% 37 37% 46 47 47 75 47% 47% 47% *60 65 *61 8% Sep 18 13 27 4 Nov 14 29% Nov 68% Feb 5 27 76% May 27 Oct 6 25 G 7% Oct 13 9% Jan 8 10% Sep 22 14% Feb II Cliiekasba Cotton % Mar 12 1% Oct 13 3% Feb 10 Chi Ids common 6% Oct 13 13% Feb 13 5Yo 5 Chile Jan 13 Mar 12 48% Jan 98 25 Dec 30 24 July 13 63% Sep 21 95 39 Jan Jan 96% Jan Chicago Rock ISl & Pa,c RR—No 12 5% 7 Co Copper 2 91% Jun 25 102 37% Dec 31 % Jun 4 35% Jan 22 51 Jan Gas 22 9 Jan Jan 21 28% Jan 4 79% Nov 40% Dec 7 5 74% Jan , 48% Feb 30 Oct 14 2,800 74% 15,400 9 44% Jan 6 Clark 6 C C C & 75 Dec 29 37% Jan 26 44 Sep 3 75 9 Sep 21 16 25% Apr 33% Sep 11 18% Mar 18 25 % Jan 2 22% Jan 81 % Apr 3 91 Jan 18 89% Jun 3% Oct 24 0% Jan 2 22 32% Jan 24% Oct 130'% Jan 75 Dec 102 3 Jan 2 Sep 19 29% Oct 4 6 5 136% Aug 28% Apr 7 128% Sep 3 Feb 4 78 Jan 2 117% Jun 13 107 Oct 9 874 3 Jan 7 88 Feb 136 87 875 Jan 23 47% Dec 1% 6 preferred Coca-Cola 24 40% Sep 15 47%.Tan 2 9 80 Jun 8 89% Jan 13 22% July 2 14 Sep 11 24% Feb 27 17 Oct 16 22% Feb 7 14% Sep 14* 41 Jan 18 48 Oct 39 Jan 8 GO Dec 12 501 Sep Mar 24 4'A 38 Jan 2 59 Nov 28 47 Sep 1 65% Mar 24 1% 33 Jun 3 40% Feb 1 38 % Jan 8 49% Oct 21 38 % Jan 9 49% Oct 22 32% Jun 13 % Oct 20% Jan 34% 347/8 35 36% 35 36% 35% 353/4 10,600 2,700 1 2 31% 31% 31% preferred 100 No par Corp—No 41% 88 88 15% 15% 17% 17% 17% 17% Iron— & Southern Ry 51 Broadcasting Sys el A.2.50 Carbon 18 38% Jan 6 Commercial 15 22 % Jan 2 Commercial 17 37% Mar 17 32% Jan 14 34% Dec 31 32% Jun 17 37% Mar 16 35 % Dec 26 35% Dec 31 32% Jun 17 37% Mar 16 6% Dec 10 10% Feb 18 5% Sep 16 23% Oct 28 28% Jan 2 21 % Apr 19 25 2 Co No pur Southern & Sep Ohio Co convertible 10 Co 15 Mills Corp Congoletun-Nairn 30 Consolidated Cigar 6% Sep 14 11 Feb 25 Consolidated Coppermines 19 34% Jun 10 40% Oct 23 Consol Edison 109 % Mar 27 103 % Jun 2 109 % Jan 5 Jan 9 7 97% Jan 19 105% July 15 91 Jun 10 102 of N Power Co of Preferred 4% Apr 22 16% Jan 18 13 Sep 28 16% Apr 24 Consolidated 10% Aug 13 52% Oct 16 27% Sep 8 11% Jan 23 11 Jan 5 13% Apr 27 48% Jun 17 Mar 24 15 2 64% Feb 4 39% Dec 12 Bait 15 Consolidated Vultee 23 Oct 15 19 109% Jan 8 108% Feb 5 2 19% Dec 4 18% Jan 96 Feb 7 89% Sep 23 41% Aug 19 48% Dec 31 Jan 5 99 Jun 16 108% Sep 16 117 Feb 8 62 For footnotes se* page 22. 45% Jan 13 87 May 20 112% Jan 16 25% May 21 4 95% J~n 52 51 51% 150 210 200 48 48 48% 48% 49 49% 49% 493A 49% 493/4 2,800 13% 33,200 15% 2,600 15% 39% 13% 13% 15% xl5% 15% 63 *62 63V2 13% *62 41 40% 40% 26 26% 25% 40% 26% 40% 40% 343/8 34% 15% 41% 40% 13% 13% 16 63% 13% 15% *62 42 42% 25% 26% 40 40% 13% 133/8 15% 15% 63% *61 % 63 44% 43 44% 6,000 25% 253/4 25% 25% 2,900 40% 40% 40 40 2,200 34% 34% 34% 34% 34% 34% 6,800 18 18% 18 183/3 18 18% 10,600 36% 36% 36% 363/4 3 6'A 36% 13,000 25 *35% 36% 35% 36 36% 36% 36% 36 % *36% 36% 1,300 25 35% 36% 36 36% *35% 35% 36% 36% *36% 36% 2,100 6% *6 6% par *6 *6 6% 6 6 5% 6 800 23% 23% 23% 23% 23% 23'A 23% 23% 23% 23% 4,700 20% 20% 20% 20% 20% 20% 20% 20aA 20 % 20% 3,600 *27% 27"% *27% 27% 27% 27% 28 28% *27% 28 3/8 No par 7% 40 107% 700 7% 7% 7% 7% 7% 7% 73A 7% 73A 7,900 40% 40% 40% 40% 40% 40% 40% 403/8 403/4 18,500 107% 107% 107% 107% 107% 108% 108'A 108% 1,500 26% 26% 5,200 107% 107% 108 Light & Corp Cuba 6% 26% 26% 26% 26% 1.33% 13% 13% 13% 13% 13% 13% 13% 13% *13% 5 *11% ll'/s *11% 11% 117% 11% *11% 11% 11% 11% 53% 54% 54% 54% 54% 54% 54% 54% 54 54 18 18 19% 19 19 15 pfd__..__100 *17 100 80 3.200 1,000 18% *17% 1 6% 6% 6% 6% *6% 6% 6% 6% 6% 6% 2.300 Inc 10c 8% 8% 8% 8% 8% 8% 8% 8% 8% 8% 3.300 Aircraft 1 17% Consumers Power Co com_—.No par $4.50 prefeired No par $4.52 preferred No par 39% 39% 105% 105% Stores Co Inc Container Corp of America com 106 17% 106% 10 41 % 41% ..TOO *99% 100% Continental Baking Co cum—No par $5.50 preferred : No par Continental Can Inc common 20 22% 92% 4% preferred 56% Oct 97% Jan 20 8 $3.75 Oct 20 $4.25 130 52 51 200 Jun 12 50 52 *50 1.100 15% Sep 18 49 *51 51% 13% Grocers 99 16% Jun 49 52 *50 98 35% Apr 89% Dec 50 49 *51 *96 12 11 49 52 51% 98 23 102% Feb 49 420 107 38% Dec 23 8,700 107 20% Dec Jun 17 17% *96 Textile 93 Jan 173/a 97 Consolidated 8 99 173/4 107 6 30 17% 26% 10% Jan Jan 17% 96% 23 45 2,700 17% 2,500 106% 8% Oct 17 16 96 14 Jun 89% 16 26% 12% Jan 36 41% 89 16 106% Retail 31 403/4 89 15% 96 Consol RR of 43% Dec 103% Feb 51% 41% 89 15% 26% Consolidated 2 31% May 49 *50 41 88% 106% 2 18 51 51% 41 15% 26% 6 99% Jun 49 41 88% ' 96% 5 109% Nov 26 3,700 107% Jan 3 2,200 — *96 10'A Jan 102% Jan 87 1083/4 *106 58 3 *825 134 100 38% Jan 40 108 100 1 22% Feb *85% No par 14 May 16 — *132 36% series C 16 110 87 com Sep 6% Oct 2 *825 134 108 Vs series B 1 Jan 108% 34% 18% Laundries Corp Consolidated Natural Gas „ *85% 18 Corp___5 com Elec Apr 11 __ *132 36 Consolidated 15 87 108% 18% No par Gas Preferred 4%% Mar 26 Y preferred Consolidated 28 134 140 No par 7 25 110% Jan 1,100 10 12% Jan 15 37% No par Inc 31% Feb 10 31% 35% Cone 27 Jun 31% 17% preferred 39% Nov 23% Jun *31% 35% preferred Publishing Co...No 24 % Jan 100 1,300 32 25 com conv Nasi, 27% Jan 25 2% No par Edison 1 31 Elec—5 Solvents Commonwealth 32% July 18 Nov 94% 2% 6.000 34 Columbian Sep 27% Dec 27% *94% 2% 493A 13% 16 113 27% 95% 2% 49% *62% 31 27 27% *94% 2 27"% 493A Pictures conunon.rNo par $4.25 cumulative preferred.No par Columbia 32'% Jun Feb 27% 96 *' 49% Credit 2.50 11 25% Oct 23 100 49% No par $5 210 49 Engineering Inc.No par 2 71% 48% Columbus 313,a Jan 71% 48% Combustion Aug 25 20% Sep 24 27% Jun 10 71% 48% 46 23 71% *42 47% 26% Mar 16 B Columbia Gas System Inc 31 16% Apr 34% Jan *48 2 July 108 *825 41% 11 6 *85% *825 15'/a *50 $1.40 *132 85% 41 % 100 Conde 133 87% 100 Columbia 3 31% 108% 15 38% Sep Mar 85% 108 87% 23 % July 8 *131 41% 100 $1.32 85% 108 —No par 51% Mar 17 7 133 *825 com 38% Aug 102 *84% *107 32 corn—No par & 34% Dec 9 *131 noncumulalive 1st pfd noncumulalive 2nd pfd 35 % Jan 9% Oct par Colorado 2 13 95 2% 67 27 106 27% 94% 2% ^...100 — preferred 20 *106% Jan 28 94% 2% 72 ,42 't 17% Oct 7% May 27% 94"% 2% No par (The) Internat'l 30% Jan Nov 28% *94% 15 34% Oct 27 x27% .100 preferred 66 % Mar 24 25 410 35% 13 Mai ~40 3,100 34% 63% May 27 27% Aug 13 44% Jan 30 88 52% 107 5,200 6 2 52 107 42 29 14 *83 % 52% 21% 11% Jan Nov 37 86 107% 42 59% Mar Sep 517/a 21% 26 37 *71% 86 107 160 190 43% 15 4 52% 106% *161 21% 13% Jan Apr 88 52% 106% 190 21'A 63 3 *85 52% 107 *161 400 2,500 21% 11 19 86 200 33 42 No par 17% Aug *161 15% 79% 33 21% 1 Nov *78% 32% 21% 11 61 % 79% 32% 43% 1G% Jan 5 78% 32% 72 39% Feb 11 15% 791% *32% 700 1,500 21% 4 10% Dec 200 16% ';9% - 29% *42 Fuel Class 29% 10% 100 *71% Colorado 5 29% *96% 71% 20% Mar 17 Jan *10% 21% No par 15 16Vs 73% 10% 43% Collins & Aikman Corp 12% July 15 52 106 29% 73% 100 21 29 5G% Jun 42% Jan 59 % Mar 27 $3.50 *83% 16 *96% .No par Colgate-Pulmolive-Peet 2 71% 52% *10% 29% *15% 79% 32% *161 72% 10% 29% 15% 79% 73% 100 210 *42 common conv Coca-Cola Co 15 Apr Inc 50 86 106 *96% 19% *95% 1 4% cumulative 2nd 4 20 Jan 95 gtd 200 72% *10 29% 32 96 stock—50 4% Cluett Peabody & Co com 17% Oct 87 7% 15% - 74% 10% 100 1 dim ' 40"% Jun RR 52 106 Clopay Corp July 24 May Pitts Foods 4 % % 4 *83% par 29% 15% 79% 32% ...No par *10 *96% 29% 79% *161 73% 74 10% 31% 100 19% 100 20 Illuminating com.No & 19% 100 new St Louis Ry Co coin Elec Clinton 9 32% May 25 125% Feb 15% preferred Co Special guaranteed Corporation Climax Molybdenum 96% Aug 31 5 29% 5 Clevite 15 12 14 No par convertible Cleveland 43% Mar 20 10% *96% iioncunnfilative preferred—100 5% 73 5 .common $4.50 preferred 44% Mar 19 Sep Co t —100 common Equipment Clevc Mar 23 41 Stores 4%% 8 18 39% Dec CiLy 19 70% Aug 10 Co preferred City Products Corp 83 % Feb 14 1 Investing 10 %% 5 65% Jan 29% May 5 July 14 9,000 40 14,600 18 90 24,200 28 Oct 53% Jan 673/4 27% Jun 109% Jan 66% 277/8 31 10 500 671/4 27% 77 16 19% 66% 27% 10 12 67 27% 22 Feb 661/2 4,500 27% Sep Jun 67% 7% 26 27 Vb 90 80 66% 7% 26 27% 48% Dec 47% Jun 67 7% 26% 27% City 100 66% *<7% *25 49 5 4 26% 19% 3 9 *25 7,000 96 Aug 29 25 2 19% 33% Mar Dec 25 73/4 11% 49 17 Apr 25 2 96 9 56% Sep 7% 25 73A *11 49% 17 80 *7 2 19% 15% Sep 110 7% 73A 11% 96 29 % Oct 21 *7 1% 49 l 105% Mar 12 7 73A *11 48% 9 Apr 7 2 19% 15 158 73A 11% *1% 48% 9% Sep Mar 24 7% *11 2 *95% Cities Service Co 152 7% 11% *1% 96% 2 4 7% *11 % 2 1,800 19% July Apr 7% 11% 2 100 6,000 93 49 18 155 7% *92 95% 4 12 92 48% 2 Jan 92 96% 30 % Feb 14% Jan 92Vb 63% 49 95% Jan 102 921/8 67 19% 6 10 92% 633/8 48% 16 Jun 92% *64% 96% 70% Oct 95 63% _♦ 33% July 7 12 Feb 28 102 14% May 12 140 Jan 14% Dec 8 92 114 65 623/4 100 preferred 24% Jun 89% Oct 65 63% Cincinnati Milling Machine Co—10 C I T Financial Corp No par 4% Mar 27 5,700 65 62% Electric— & Common 2 4,400 2,300 49 3A 63% 25 ; 14% 37% 49 63 25 Co 14 Va 37 '/a 493/8 92 1 preferred 14% 37 63% *11% JO Chrysler Corp 2 *61 14% 37 48 • 92 25 convertible Cincinnati 19 Dec 103 Oil 65 14% 62% par preferred series A 100 Yellow Cab.. No par conv Chicago 19% Aug 25 17% Jun 94% Jan preference—No par 89% JUn 18 30 59 ' convertible $3 3 Nov 12% Feb Oct 2% Oct 10 23 82 % Mar 19 800 13% 43% 100 13 y8 14 Western 1,800 13% 11 North 7 13% 13% Sep & 18% 13% 34 Sep 41% Oct % Aug 6 62% Mar 19 18% 13 30 72 % Dec 400 18 26 95 86 27% 5<>% Juiv 23 9 •*85 17% 42% Dec 11 10,000 *85 15 Vb *85 20% Apr 81% Jan 36% 200 15% 24 49% Jan 1,300 28 85 16 Aug 31 35% 500 5% 15 20 59 28 101% 84% Jan July 25 36 Vb 53A 15% 45% Apr Apr 28 28 32% *101 85 32% Feb G1 % 53A 27% preferred Chic 2 6 32% 101 Chicago Ind & Louisville Ry el A.25 13 51% Jan 32 50 •V'> 6 22% Jan (The) Corp 31V4 22% Chicago Great Western Ry eom__50 17 31 15% , 40 28% Apr 17% Jun 13 preferred conv 2nd ! No par preferred—No par 55% *93% 128 17% 39% 106 106 18 *17% 18% 39% 106 106% 17% * 18'A 39% 39% 106% 106% *106 18% 39% 106 18% 14,900 39% 39% 6,300 106% 105% 105 % 18% 39%, 42% 41% 41% 100% 99 99- *99% 100% 150 22% 22 V8 22% 3,000 93 93% 93% 350 56% 8.000 99% 22% 22 22% 22% 22% 22% S2% 92% 93% 93 93 93 56 56 % 56 56% 56% 128 *93% 129 98 130 5534 *93% 127 450 42 *106% 99 98 540 106% 42% 107 42 *99 107 *106% 41% 42% 17% 56% 95 128 *93% 129 95 129 56% *93% 129 2,100 95 130 1,460 ; 0' 14 The Commercial and Financial (1578) NEW YORK STOCK RECORD NEW Range Since:Jan.1 Highest Year 1952 YORK LOW AND STOCK Continental Par Cop & Steel Ind com—2 7% Nov 17 10 Va Jan 31 7 % Sep 15 10% Mar 17 163/4 Feb 15 18% Jun 30 17% Jun 11 20% Mar 17 11 Nov 17 15'A Feb 6 9% Sep 16 13% Mar 1 Continental Diamond 68% Apr 16 81% Nov Jun 16 82 % Jan 7 Continental Insurance 7'A Apr 30 7% Sep Continental Motors 56 % Jan 2 19% Oct 28 26 10'/4 Nov 28 75 25 Apr 3 Jan 30 67 14 11% Mar 28 48*8 Oct 13 62^4 J an 15% Sep 15 22 28% Mar 25 Vx Dec 18 31% Aug 13 19 % Sep 14 18% Oct 22 29 % Jan 25 19% Sep 21 15 convertible 5% 0 Continental Oil Mar 18 Continental 6 Copper Range 27 Va Feb 2 Jan 28 Convertible 65% Jan 30 Preferred 28 % Jan 2 19% Sep 51% Jan 14 48% Jan 6 45 % Sep Dec 44 14 17% Jill) 18 % Sep 15 26% Mar 28 Cornell Jun 18 68 Va Jan Corn 10 23 66% Nov 5 63 Jan. 16 93 22% Mar~21 9 87 % Jan 23 99% Apr 22 99% Apr 23 69% Jan Oct Jan 23 65% Feb 1 73 Sep 10 178 93 23 58 62 87 IB Apr 1 93 % Sep 14 90% Jan 19 93% Sep 15 98 Jun 25 67 Vu Feb 6 73% Aug 12 70 v Aug pref 6% 83% 3.400 2 preferred Co Cream of 12% Oct 22 19% Jan 28 12% Jun 15 15% Mar *32% Nov 13 36% Feb 5 28 Jun 10 26% Jun 16 09% Jan 9 103% Jun 13 91 14 36% Jan Jan 6 Feb 25 Jun 24 185 Jan 8 7% Jan 2 5% Sep 15 129% Jan 190 19 5% Oct 28 180 72% 170% 170% 170% 170% 3% 3% 3% 4 1% 1% 1% 1% 26% 26% 26% 27 26% *90% 92% *91% 93 *91% 25% 25% *25% 2 2.5o 12% 12% 12% (The) Corp No 22 6 Feb 20 Sep Dec 12 32 24 93 16 10 29 21 15 54 % Dec 1 Jan 7 23% Feb 21 24% Sep 10 129% Jan 19 132% Dec 16 10 preferred. 23 % Sep 67% Feb 2 23 fi 43 2 39% Dec 23 15 23 85 40 Va 11 92 90 May 8 22 13 Jan 2 13% Dec 22 15% Mar 11 13% Aug 20 33% Feb 19 36% Dec 12 31% Jun May 15 58% Aug 13 49 Sep Jan Dana Mar 28 Jan 14% May 4 ■5% 19 39 % Sep 8 17 57 Marlfl Preferred 4.60% 16% Aug 6 11% Sep 15 16% Jan 33 % Fell 19 36% Dec 12 33 Va Jun 16 38 Va Mar 13 2 82% May 28 July 15 Daystrom 29 92 Jan _ Dayton Power & Jun 28 96 Kk Jun 19 83 Apr 28 Jan 10 Preferred 3.75% 21 99 Va Jun 9 86 Jun 3 97 % Feb 11 Preferred 3.90% 17% Oct 17% Aug 31 23% Feb 2 22 24 % Feb 8 8 Apr 16 9% Jan 14 7% Sep 15 12 Va May 14 Decca 39 Oct 16 63% Jan 25 34% Sep 15 47Va Jan 8 28% Oct 21 34 % Sep 4 23'A Sep 15 30% Jan 2 Deere 31% Jan 3 35 % Nov 24 28% Jun 18 33% Jan B 52 Jan 2 Aug 1 40% Sep 21 62% Feb 15 15% Jun 12 10% Oct 13 15% Jan 30 23 18 26'A Nov 17 23% Jun 16 27% Feb a Apr & 7% 2 11% Oct 43 Records 29 % 29'A *29% 31% 31% 31% 31% 31% 98'A 98% 98% 98% 99 280 24 23% 24 24 3,500 73 '72% 72% *72 23% 23 % 73 62 Feb & Power & 4 17% Sep 22 Jan 3 55% Feb 13 5% Jun lg 23 Oct 13 31 85 % Dec 30 July 30 Dec 23 74 Apr 24 81% Apr 28 97 95 99 Aug 24% Jan 17 15% Oct 7 24% Mar 23 Derly 25% Dec 12 24% Jan 16 28% Oit Detroit 66 Nov 17 61 6 % Jan 11 3 18% Feb 27 Mar 73 21 11% Oct 9 July 11 17% Sep 18% Sep 15 19% Jun 16 24% Mar 10 J 4 18% J(j 27 % Jan 29 38% Nov 18 32% Jan 8 12% Dec 30 Jun 8 10 25 Sep 14 33 19 95 % Jun 9 108 52 % Mar 31 32% Jun 24 40% Feb 3 Jun 12 34% Feb 14% Jan 3 12% July 30 9 % Sep 10% Sep 16 15% 16 16% 18% 17 17% 1,480 13 13% 13% 13 13% 13 13 4,000 *170 200 *170 200 200 Diamond 3 9% Oct 1 7% Sep 31% Jun 17 Dec 12 39% Mar 12% May 13 10 Sep 16 13% Feb 15% Oct 6 4 8 16% Jan 16 24 52 17 65% July Aug 13 28% Mar 27 Distillers 9 Va May 19 38 52% 52% 11% 11% 800 36% 36% 36% 36% 36% 3,300 89 89 89 89% 89% 36% 36% 36% 36% *87% 89 88% 88% *87% 90 *89 90 93% *91'% 93% 89% 18 89% *91% 93% 17% *92 17% 17% *89 94 400 80 90 89% 220 89% *92 17% 1,800 94 17% ' ——. 2,900 9% 8% 9 38% 37"% 38 37'% 39% 39% 40% 40% 40% 10 25% 26% 26 26% 26'A 27% 26% 27 % 26% 27 20 31% 32 32 32 *31% 32% 32 % 32 % 32% 33 1,800 100 44% 44% 44 % 44% 44 Va 44% 44'A 44% 43 % 43% 1,300 11% 11% 11% 11% 11% 11% 11% 11% 11% 11% 3,900 West 25% 25% 26 26 26 26'/a 26 26 Va 26% 26'A 12,100 8 RR 8% 8% 9 9 . 18 8% 7.400 9 5,300 22,400 82 81% 82 80'A 81% 80% 81% 81% 82 89 % 89 % 89% 90 89% 89% 89 % 90'A 90'A S0% 10,100 15% 16% 15% 16 16 16'A 16'A 10% 16 % 17% 4,400 27% 28% 28 Va 28% 28% 28 % 28% 10,500 81% 27% 28 Co.lOo *61% 65 1 *3% 3% 3 Va 11% 11% 11% 1 .5 2 Co common lo preferred —100 No par common.. 25 Car ■ RR— 2o W i 18% Co 2 Corp 50c Ltd _2 . *61% is y8 18 % 18% 20% 20% *20% 26 26% 26'A *99 33% *32 100 100 65 *61 % 12 *61% 65 3 Va 3 Va 11% 11% 11% 18% *18% 3% *3 65 28 % *61% 3 Va 11% 65 3 11% 1,200 300 18% *18 Va 18% 18% 18% 20% *20'/a 20% 20 % 20% 20 20 400 26% 26% 27 27 26% 27 3,500 *98% 100% 27 100 100% 34% 33 34'A 34% 34% 34'A 34% 34% 32 Va 32% 32% 32% *32% 11% *11 11'A 100% 100 34% 34% 2,900 33 *98% 32% 11% 33 1,100 *98'% IDA ll'A 11% 11% 11% 11% 11% 11% 11% 11% •11% 28 27% 27% 27% 27% 27% 27% 27% *11% • 800 3 11% 27% 11% 5,000 11% 11% 4,500 28'A 13,800 3,900 1,000 9,600 No par 72 72% 73 74% 73% 74% 73% 74 Va 72% 73% 11,800 36% 27,100 i 74% Oct Douglas Aircraft Co 12% Jan 2 20 Dow Ltd.: Chemical __ Co Common "when $4 preferred Inc 5 36% 37 No par '101'A 102 50c 20% common de Pont Jan 12 Preferred 25% Sep 14 28% Oct 15 48 Common Duquesne 36% 21'A 102 9% 37 36% 102 20% 20% 37% 36 *36 101% 20 9% 36% 36'/a 36% *35% 102 Va 102'A 20 Va 20'A 20% 100 *76 78 76 76 *76% 78 l *35 38 *35 38 *35 38 8 preferred _ Nem (EI) & 8 Va 8 9% 101% No par convertible Corp x9 % *36% Dunhill International Duplan 9% issued" series A Dresser Industries common 3%% 9% 9% 800 11'A . 16 97 8% *7% 8 , 102% 20 37 —— — 102% 500 20'A 15,000 78 *76% 38 *35 20 78 *35 38 7% 7% 7% 104% __5 101% 103% 102% 103% 102 Va 103 102% ►115% 116'A 116 116 116 116 ♦115% No par series Light Co 36% *36% *76% No par series $3.50 37 7% 2,500 30,300 Co— 94 94 28% £8% ... $4.50 36% 2,200 _lo com *94 28% 103% 104% 116 116 116 94% 94% 94% 94 94 94 94 28% 28% 28% 28% 28% 28% 28% *46% 800 600 17,100 51 Jun 10 Feb 10 $3.75 preferred 50 *47 47% 47 *46% 47 Va *46% 47'A 52 Nov 19 47% Apr 23 51% Jan 5 $4.15 preferred 50 *50% 51'A *50% 51 Va •51 51% *50% 51% 51 51 49% Dec 9 43 % Jun 4 48% Jan 5 4% 47'A *46% 47'A 47% *47 4 Va 47 Va 47% 400 7 9% Jan 6 10% May 15 DWG 9% 9'% 9% 9% 9% 9% 9% 1,200 Eagle-Picher Co 18% 18% 18'A 18% 3,500 22 Va 22% 12,700 51% Oct 27 *48% Dec 10 8% Apr 2| 10% Jan 19 Apr 30 25 22 Sep 16 28% Jan 2 25 % Jail 18 Jan 28 42 Apr 27 17% Sep 18 23% Mar 11 20% Sep 22 28% Jan 14 Aug 25 preferred 8 16 16% Jan 21 9% Sep 14 15% Mar 17 Jan 21 41% Jun 16 47 Apr 21 lo 169 Jan 22 48 % Jan 30 171 % July 27 47% Dec 2 18 156% Sep 30 9 36% Sep 18 16% Jan 5 82 % Nov 6 89 July 15 Apr 29 16% Feb 23 23 Dec 29 20 Va Jun 97 25 102 Jan 14 89 12% Mar 11 17 44% Jan 24 55% Dec 31 1% Jun 20 2% Apr 16 34 % Oct 22 10% Nov 24 16% Mar 19 24% Apr 15 32% Dec 30 Sep IS 43% Mar 18 51% Jan 18 83 July 1 2 May 28 12% Sep 14 39% Sep 21 1% Jun 11 25% Sep 15 25% Mar 25 94 Feb Feb 11 17% Feb 24 57 Mar 12 2% Apr 37% Jan 15 9 10% Oct 6 13 Jan 26 22 Oct 5 33% Feb 4 '49 Jun 11 50% Jan 18% 18% 18% 18% 18% 23% 23 23% 22% 23 14% 15 14% 14% 14% 14% Corp 5 10% 10% 10 % 10% 11% 11% 11% 11% 11% 11% 3,300 common 10 44% 45 45 45% 4 5'A 45% 45% 46% 46% 46% 20,500 160 *159 16 66% Dec 26 44 Oct 6 60% Feb 15 38% Jun 30 Sep 15 37% Jan 8 16 17% Jan 29 15% Apr 14 2 26% Dec 3 30% Jun 27 101% Sep 18 2 23% Dec 31 7% Jun 18 Electric conv Paso 18% Mar 2 Emerson 6 Emerson 26% Feb 19 29% Feb 24% Mar 12 6 Sep 3 23% Nov 24 16% Sep *70 Dec 31 73 Not 24 64% Sep 70% Jun 99 5 Mar 13 18 15 7% Jan 30 22% Jan 5 15 74% Feb 15 74 I Apr 21 Empire Endicott 4% 2nd 39 % 39 % 39% 39% 3,000 20% 20% 21% 21 21% 1,700 *85 87 100 2.50 100 22% *90 23 93 23% 87 23% 93 87 " 88 22% 23 *90 93 *88 22% *90 90 23 93 *88 23% *90 90 23% 40 4,200 93 1 13% 13% 13 VA 13% 13V8 13% 13'/a 13 VA 13% 13% 42 42% 42% 42% 42 42% 42% 42% 42% 42% 4,900 1% *1% 2 1% 1% 1% 1% 1% 1% 11,500 26% 27 26% 26% 27'A 26% 11% *11% 11% 600 24% 24% 24% 3,300 1% No par 26% 27 27 15 11% 11% 11'A 11% 11 y8 11% lo 23% 24% 24 Va 24% 24 VA 24% 5o 50 50 *50 51% 48% *47 3A 48% 34% 35'A 50 Co 34% 4 Phonograph Electric *47% 3 15% 11% 12 10 Co 22 22% 25 *26 5 15% 24% 51% *50 51% *50 48 48 *48 48% *48 y8 34% 35 *50 15% 34% *15 35 15% 14% 1,800 11% 11% 11% 11% 11% 2,300 22 22% 21% 23 2,300 700 26 'A 26'A 26 26 *26% 26% 94% *94 V2 95% 94% 94% *94% -95% 23% 23% 23% 23% 23% i.me5/? 6% 6% 6% 6% 6% 18% 66'A Erie & Pittsburgh RR Co_ _50 ♦70% 73 .: 66% *70% 14% 50 100 14,100 22% 23% 6% 18% 35 11% 15 26% 66% 48% 34% 22% 23% 1 51% 2,700 11% 94% 10o 27 3,000 22% 100 No par common 15 y4 11% *22 *11 8.50 Johnson Corp common preferred- 15% 35 preferred series A— 5% *85 *90 5 (The) Equitable Gas Co Equitable Office Bldg Erie RR 250 39% 20% preferred & 160 39% 20% common-: Electric Mfg Radio 160 39% 20% Natural Gas District 160 38 % 21% preference 5% El 160 1,600 38% common 5% 162 15 38% National Watch Co Co 161% *14% *20% Electric Storage Battery 14 2 Auto-Lite 161 22% 15 2 Elec & Mus Ind Amer shares 14 4 Co 159 22% *14% common—1 preferred 15 25% Sep 16 89% July 28 Inc preferred F'astie Stop Nut Co 15 20% Jun __100 Stores Products 13% Sep 11 see Page Bros 10% Sep 20% Sep Jan Co 4%% 4 31 Kodak Manufacturing,,Co Elliott 20 18% preferred Elgin 9% ^ 22% 4 Va % Ekco 3 48% Jun 6% 9 % 140 47'A 1 Stainless Steel Edison 20 24% Aug 14 102 , Eaton * i lo Eastman 21 9% 47% lo Eastern 48 Jan __5 1 Corp_—. 30 15% Jan Corp 47 1 Eastern 12% Oct 36 % Feb 50 Cigar 47 Airlines Inc_a Eastern 19% Mar 27 41% Oct i 37% 11% 15% 23 17% Jan 37% 52% *11% 16'A 89% Jun 62% Jan 61 y4 Jan 37% *52% 12% 12 12% 16 8 6 37% 52 Va 12 16% *92 % Jan 5% Feb _ 14% 37 Va 52% *89 10o Motor Preferred 9 *14 16 Va du May 94% Apr 20% Jan 14'A *51% 37 12 17% *14 14'A 300 16% 2 26 *14 14% 900 6% 15% 22 2 *14 *6 15% 104% Oct 12 14 % 6% 15% 118% Jan 20 90 *6% 6% No par 4 13% Nov 31% *87 6'A 38% preferred Mines 10 19% Jan *31 'A 90 *87 6% 36% 100 Dome Jun 11 % Jun 31% *87 . 90 12 preferred 23% Mar 10 Jun Oct *31 90 *6% 6% 9% 91 May 13 31% 31% *87 90 100 2,700 10% 109 48 % 31% 31% 31% 800 38 38'A 25 Apr 24% 138'A 37% 9% 16 158 24% *134% 37 10% 97% Dec 14 24 Va 135 % 36 8,500 38 Va 119% Apr 16% Nov 24 % 135% 35% 1,100 7% 9% 8 Jan"To 24% 138'A 35% 52% 7% 10% 1 45 % 24'% *134 Va 36 52 7% 38 Va 13 3 24% 138'A 36 52 10% 79% May July 24% *134% 36 7% 8% . Corp-Seagrams sll4% Jan 99 24% 134 Va- 138'A 52 38 14 13% Aug 29 7% 10% Feb Oct July 29 7% Sep 15 52% 7% 38 43 36 52% 7% *10% 83% Jan 76 25 52% 7% 10% 24% Jan 25 Nov 52% 7% 38 5 84 % Aug 47 52% 10'A 15 11 22 Jan 20 98 *96 % 3 7'/a 5 32 21,500 7% ,7% 98 10% . 80% Jun 900 7% 7'% *96% 98 37 8 17% Sep 7% 29% 10% 15 8 *96 y2 29 37 43% Jan 26% Apr 6% 96% 7 29 No par 102% Jan 30 7% 96% 4,700 Pepper Co Dr. 25 10 21% Oct 7 Va 96% 100 9% *28 27% 9 No par Jun~29 94% 27% 9 Corp. 33% Jun £5 27% 6,300 5% 55% 9 9 *53 Cup Co 8 44% Dec 105% Mar 8% 5% ,j Dixie 16 27 27% Va 5% 58 Divco Jun rf'3 9 200 5% *53 4 60 99% Jan 8% *170 5% 54% 19 1 36% Oct T 9% 200 5% 54% 17% Corp Stores *170 5% 57 27% *91% — & S Match cum Diana 12 % Jan 10:,a Jan $1.50 13% Feb 2 39 Diamond 5% *54% 50c _ Co cum - 50 _ ; Alkali 4.40% 14% May 25 Jan 13 Diamond 22 5% 58 36% Raynolds class A 21 25 21 & 15 1 Nov Apr 30 26% Dec 29 % Feb 8 Devoe 13 23 Mar 17 Jan Vilbiss De 25 Steel 900 15% *13% common Edison— Detroit 1 Jan 35% Jun 21% May 27 16% Mar 25?" 73 13 *51% (The). Co 23% 14,100 15% 36% Detroit-Michigan Stove Co.; . 114% Feb 43 31 Apr 21 O'1 for 1,000 30 13% *6% Light Co__..13.50 ctfs for Detroit Hillsdale 2 6% Mar 17 ctfs Va 73 " 51% Western Grande Escrow 20 Mar 14 16% Jail 29% Oct 64 Rio Esciow 4 Sep 20% Oct 106% July 24 __ Delaware & Hudson & 23 23% 74% 36% — Delaware 29'A 1 . common Lack 5,900 —50c Co. Delaware 12% 98% ..100 Inc new 12% 30% 31% —100 preferred Denver *70 Co 12% 29 Va 51% Deep Rock Oil Corp Rubber Dayton 12% 99 *89 100 series B 12% 29% 36 10 series C 12% *24 Va * Light common—7 92% Jill) 88 200 12% 31 1 series A 26% 26% 99 —80 com A 93% *25% 7% —20 _ Preferred 3.75% 2 92 Inc (The) series *91% 26% 52 1 Davison Chem Corp 93 *25% 6% 10o preferred 6,100 26% *91% 96% Corp common—2.50 convertible 26% 27 26 29% 27 A——100 series 27% 160 30% 8% T.__No par common preferred 1,700 29% 5% 1 pfd Inc Davega Stores 24 85% Jan Corp 3%% 8 8% Mar 17 13% Apr 96 1 Cutler-Hammer II 1,000 1% 99 *54 % l - 3% 1% 31% *170 No par common 171% 3% 1% 15% —No par Cushman's Sons inc 7% 138 15 5% Sep Dec Curtiss-Wright Class A-. 27 Va Mar 20 Apr 17 18 Jan 29% Sep Jan 44 7% Dec 51 4 9% Feb 171% 4 .1% 13 10Q $7 preferred—T-— Prior preferred... 100% July 28 31% Sep 131 3 July 23 15 6% Sep 3 Jan 21 Mar 17 3,800 93 73% Cudahy Packing Co common lo 4 '% % preferred 100 Cuneo PresS Inc: 5 Cunningham Drug Stores Inc—2.50 Curtis Publishing common 1 12% Mar 19 34% Jan 29 8% Apr 2 Sep 5% Sep 29 24 90 21 94% Sep 49% Sep Jan 7% Apr 32 64 27 8% Mar 20 99 49% Jan 32 % Mar 25 73% 26 6'A 23% Crucible Steel of Amer common—25 5%: convertible preferred 100 Cuba RR 6'i non-cum pfd 100 Cuban-American Sugar common._10 8% May 21 Sep 6% Sep 12% Jan 9% Aug 27 26% Apr 53 65% May 26 10 10 72% 72% .94% 30% *98 par • Dec 65 95 y2 94% 29% 5 common ~1 170 V 83 % *94 171 *3% 170'/a 3% 1% 170 ___No par Zellerbach 7% 72% 2 common—. Wheat Corp $2 preferred™— 6 17 72% 3% perferred $4.20 preferred 15 72% *1% Crov/n Cork & Seal Common 12% Sep 72% 72% 100 27% Mar 12 fl *94 —25 95 6 95 V2 1 1 Crown 72% 95% *94 95% *94 85% 1 2 3% 85 *94 95% *94 100 Corp 25 % Sep 18 300 95 25% Jan 36 % Dec 48% *94% 87% Jun 20% Jan *47% 23% 95% 12 25 48% 95 % 25 25 50 48% 23'/a 84% May 22 Mai *48% 48 *48% 83% Dec 15% Sep 50 48 50 *94 97 22 *48% 47% *48% 95% .7% Mar 17 23% 50 47% 22% 85 27 89 1,900 23 Va 50 47% 95% 9 33% Jan 23% 22% 22% *46 % 84% 19 15 23% 22 % 1,100 85 24% Jun 15 2.000 *48% common——5 91 % Jan 68% Sep 14 Oct 3,200 21% 84% Works Crane 20% Sep 22% 21% 1,000 1,450 International 30 21% 21% 5 Inc 30 22% 20% 21'A 61 Coty 39% Jan 22% 20% 20 % 21% Coty 92% Jan 22% 20% 21% 20% 61 6 28 21% 22 21% 3 23 9,600 17% 22 61 % 20 Oct 9,900 51% 17% 21 Mar 27 8% 50% 17% 60% Jan 77% Oct 8% 50% 17% 8JA 21 Jab id 8% 49% 17% 61% 2 16 8% 50 17% 21 5 23 8 Va 49% 17»A 61 172 Jan 8 % 50% 17% 20% 15 31% Oct 8% 50% 60% 15 34% Jan 1,300 20% 1% Sep iu.> 72 60% 3 % Sep May 18 72 50 . 2 600 1,300 71% 50% 20% 3 % '/<>' preferred ___• ^—100 Cum pfd 3%.% series of 1947.100 Corn Products Refining common_25 21 71% 20% 3 J*n 71% 62 15 34% Apr y2 21 26 15 71 4.400 20% Apr 38% Jan 72 % 10% 61% 2 % Jan 30 72 10% 1 4% Nov 28% Oct 71% 10% 20 12 Mar 31 10% Corp 16 161 10% 8% 18% 5o series Electric 1% Oct Jan 10% 22 par common 5% 3% Jun 166 10% Shares 8% *18% Exchange Bank & Tr Co Corning Glass 0 No • series Dubilier 10 % 8% 19 8% *17 5 common _ Copperweld Steel Co 2 12 23'A May .. 10% Oct. 23 17% 8 49% _14 Corp Co. 8% *18% 71% 5 Corp Cooper-Bessemer 27 26% Jan of 8% 18% 10% 1. Delaware! Steel 8% 18% the Week Friday Oct. 22 8% . Sales for Thursday 18% 18% lo , PRICES Oct. 21 zo 8% 8% 18% 5 Fibre SALE 18'A 8% 25 preferred Oct. Oct. 19 HIGH Wednesday Tuesday Monday 0 EXCHANGE Lowest Highest Lowest « STOCKS Range for Previous Chronicle... Monday, October 26, 24 7% 26 26 93% 95 23% 9,200 7% 18,000 18% 67% 7,500 18% 18% 18% 18% 18% 18% 66% •66% 67% 66% 66 Va 66% 73 71 71 *71 73 90 24% 7% *71 73 500 100 22. / 1953 Volume 178 Number 5267... The Commercial and Financial Chronicle (1579) NEW YORK STOCK RECORD Range for Previous • Lowest f 1 7% Dec 6 10% NOV Range Since Jan. 1 Lowest Highest 5% May : STOCKS i Year 11)52 NEW Highest 6% Sep 15 9 % Mar 15y8 Mar 10 Sep 14 13% Oct 1 55% Dec 12% Sep 39 y2 Sep 44 Eureka .,14% Mar 22 16y8 May 59% Mar Jan '1% Dec 3% Feb 16 15 2 14 Jan 2 3 STOCK EXCHANGE May 17 11 YORK Williams Evans Corp Exchange AND Tuesday HIGH SALE Wednesday Oct. 20 PRICES Sales for Thursday ' Oct. 21 <- Friday Oct. 22 5 7% 7% *73/8 7% •7% 7'% 7% 11% 11% 11% 11% 113% 113% 11% 11% 1 12% 12% 125/a 12% 123% 12'% 123/8 12 % 47 47'% 47% 48 23% 23/4 __3 Buffet 46% 46 % 46 3/4 46% 2.50 Corp 2% 2% 23/4 23/4 I 23% the Week Oct. 23 5 %___ Inc Ex-Cello Corp July 13 Monday Oct. ii> Par Products Co Eversharp Continued—Paga 5 LOW 73/B- ♦73/a Shares 7% 800 12' ♦11% 1,500 12%; 12% 4.900 473/4- 473/2 2.700 *21/4' 2% 500 - 23A P aiy«Oct 29 27% Jan 3 7 Sep 12 20% Sep 29 12% Jan 3 7% Nov 12 23% Jan 11 19 Sep b16% Jan 29 14% Oct 13 17 21 Sep 14 Fairbanks par 15 10% Mar 25 22% 18 6% Sep 28% Mar 25 22% May 11 16% Mar 24 Fairchild Engine & Airplane Corp.l Fajardo Sugar Co 20 8% 8% 20% 20 % 1 143/4 i43/4 143/4 143/4 _1 16% 16% 16 3/2 163/4 15% Jan 2 19yaJun 4 15% Jun 53% Nov 5 57% Dec 3 48% Jun 24 23% Oct 29 30% Dec 23 21% Sep 21 34% Apr 12% Feb 28 16 y4 Dec 9 10% Seu 15 18 48% Feb 19 60 Dec 9 48 Oct 6% Dec 2 40 4% May 56 Apr 24% Dec 76% July 21 26% Nov 3 16 37% Feb 100 1 28 25 2 68% Mar 50 9 4 1 Federal Oct 1 14 48 1 105 18 13 3 May Jan 83% Nov 74% Dec 1 12 7 67% Sep 13% Jun 53% Sep 101 y4 Jun 30 Dec 41 May 2 5 conv & 6 Oct First 32 Flintkote 10 100 Mar 25 Feb 11 (The) Carpet Co 24% Feb 27 $4 preferred Florence Stove Co___ 27% Oct 16 Florida ■fg Oct 3 16 20 Dec 31 30 12 19% Apr 18 92% Jan 10 24% Dec 98% Dec 38% Oct 66% Jan 29 95% Oct 16 90% Jan 2 17% Nov 114 19 Dec 10% Jan 31 21 17% Jan 6 Food 5 92 Sep 16 99 Jan 33% Oct 6 43% Jan 2 29 81 9 20 30 46 14 Jan Jun 89 103 Jan 15 16 79 Sep Jan 733/4, 73'% 73 73'% 74 1,500 16'% 163% 16% 17% 165% 163/4 3,700 593/4 • 593/4 593/4 60% 60 60'% 5,400 1043/8 105% 106 104% 1043% 48% 48% 48'% 49 48'% 49 95/8 48 % 10% 10% 103% 10% 10% 10% 10% 3.300 26% 26% 26 3% 26'% 26% 26% 26'% 26 % 4,300 98 *97'% 17% *16% •48 10 97% 97'/2 16% 17% *16% 27 27 % 27 105 27 *48 99 ♦97% 99 106 *97'% 220 300 430 99 17 17 17 17 173% 1,100 27% 26% 27 27% 27 27% 11,400 O 32 32 {'a 82,500 38% 39 38'% 38% 12,900 13% 13% 13% 13% 1,900 common 1 27% 27% 273/z 27'% 27'% 27'% 27% 27% 27% 27% 1,700 '51 15 *92% 94% •92 3/2 94'% *93'% 94% 94% 93 93 Machinery & Chem Corp___10 35% 36% 36% 36% 36% 363% 36% 37% 37 375% 11,700 87 % 87% 89 89 *89 89'% 88 89% 88 V2 88'% 250 *94% 95 943% 943% 30 16'% 16% 3,000 Stores $4.20 div 3 % % Inc pfd cum of ser convertible preferred___100 3 % '/e preferred Foster-Wheeler Corp Sugar Co Stores 100 \g 94 94 94 94 10 16% 16% 16% 16%. 7% 7% 7% 1 *11 16 7% *93 ♦943/a 16% 7% f'tf 95 16% 16% 7% 8 7% Trailer 11 11 11 11 42% 42% 42 42% 42'% 43 1 Fruehauf 11 % 10 Co *10% 10% 105% 10% *10'% 24 24% 24 3% 25 25 Co 713/4 713% 71 71 1 23% 23% 100 common preferred 7% » 25% 72'% Corp 41c 32 No par Corp Sulphur Froedtert 6 2,200 3% Freeport 70 20% 13'% ? 51 % Mar 17 84% Mar 20 203% 393% Franklin 10 20% 33 13 75% Jan 20% 13% Francisco 9 400 20'% 38% 15 27 % Mar 24 70 9% 13% 12 14% Jan 13,500 *93% 39 20 1 38 101 9% 133% 13% Apr 13% Apr May 15 373/4 ♦100 9% 38% 23% Jan 21% Sep 373/4 101 9% 73 165/a 104 '/2 600 20% 60% *48 800 25% ♦25 9% 73% 16 3/b 593/2 37% ♦100 24% ,Y 96% Jan 10 723/4 16% 100 3% 13% 16 18% May 21 27% Aug 11 72% 20'% 43% 3% 38 % 15 4 20 20 % 100 -.-I—' 43% & 26 22% Apr 100 10 24% 373/4 373% 101 *9% ♦46 •' 4 13% Jun 22 373% 243/4 4 37% 14% Sep 7% Oct 10y4 Sep 39% Oct 373/4 100 9% • 245% 24% 3% 10 Power & Light Co Steel Corp Fair Food 27 *24 3% No par Florida 5 28 Jan 28% Aug 42% 613/4 Rights 8,600 49% *104.%. 105 ^l 4,500 11% 49% *47 16% 7% 200 253% 11'% *42% 4 60 No par Corp Follansbee 11 13% Sep 35% May 20 13% Dec 23 14 39% Oct 22% Feb 24% July 1 19 Feb 18 9 i58 Oct 9 Sep 11 98% Nov 17 12 9 15 31% Jun 23% Jan Power 50'% 25 11 3/4 43 *96% 16% Aug 24 21 y8 Jun 50'% 25% 11% 49% 26% 19 50% 25% •41% 26 '% 18 50% 25'% 11 S% *48 9% 24 ye Dec 13% Jun "72% No par 51'% 49% 5 34% Nov 14% Oct 10 ♦50 43'A common_No par (The) 2.700 *48 37% 20% 12.50 Co 1,400 16% *42 '/2 100% 9% __100 National Stores 7 10 37 1 com__ 143/4 16% 49% 23% 100 1 25 17% Mar 25% Jan 5 5 Corp 143% 43% 23% 1,500 14% 16% 113% 4 15,000 16% 243/4 4% 2,500 ." 83/4 20 ♦14% 113/4 *4 223% 8'% 20 14% 25% ' 22% 8% 163/4 51'% 100 223/4 20% 16s% 11% 5 20 143/4 <• 25 *48 . 8% 20 *50 *42% 22% 8 5% 8'% 20 12 2 Corp Fidelity Phoenix Fire Ins NY Firth 51 % 225% 225% 83/4 20% 25 50 common 23 8'/2 H3/4 50 Co 22% *20 24% A Ferro 18 Sep Mfg 22% »50 1 series ser 1953 Firestone Tire & Rubber 4 % % preferred 51 50 Corp Corp : Tarrant 2 93 pfd Federated Dept Stores 4 % % preferred 13% Mar 17 3 pfd cum conv Fa wick Federal-Mogul Felt B common Filtrol 6 106% Jan 8 9% Sep 25 y8 Sep 14 7 101% Aug 24 y4 Sep 2 15 series 18% July 30 1 32% Mar 20 Mar Jan common 75% Jan 15 2 5 86% Jan 8 23 Jan 29% Jan 14 13 18 May 20 19% May 2 Oct Apr 47y4 Dec 9% May 17 27% Sep 30 107 34% Mar 13 96 20 July 9% Sep 19 27% May 21 5% No Metallurgical Corp__No par 5% % 7% Apr 22 19 104 66% Mar 94 Sep 16% Jan 38 ya Apr preferred 53 % May 106 7 5% Fansteel Fedders-Quigan Corp 14 35% Sep 3 9 Corp Corp Family Finance 17 26 19 14 Mar Co & Falstaff Brewing Sep Dec Jan 8 14 3% Sep 47 11% Dec Jan Jan 9 21 25% Nov 19 57 Morse *71% 72% *713/4 20 900 8 11% 11% 113% U'% 1,400 42% 423/4 42'A 423% 3,000 ♦10% 10 3/4 103/4 *105% 103% 400 25 26% 23,500 *71 71'% 1 70 G 5% Dec 8% Jan May 15 Xl5 30 197/a Dec Apr 15 20% Jan 6% Sep 15 30 10 8% Apr 13 38% May 19 27% Jan 2 21% Sep 22% Sep 21 28% Jan 3% Sep 25% Sep 14 May 15 26% Dec 22 % May 20 26% Dec 5 34% Dec 5% Sep 18 82% Nov 17 8% Jan 22 41 y4 Jan 22 24% Oct 15 20 % Feb 21 July 51% Jan 12 15% Feb Gamewell Garrett Gar 4% % 21% Aug 31 20 y2 Sep 15 29% Mar 24 Gaylord 27% Jan 5 General 24 104% Feb 6 11 31 Sep 15 36% Aug 10% Oct 16 13 31 Feb 28 18% Aug 14 11% Nov 142 July General $8 General Bronze 14 General Cable 6 78 May 10 33 Dec 22 29% Sep 16 35% Mar 25 20 y8 Dec 15 16 y2 Jun 10 19% Jan 2 129% Apr 2 9 May 124 % Dec 1 121 24% Jan 16 45% Dec 19 31 37% Jan 14 48% Dec 19 35% Jun 16 64% Feb 20 72% Dec 31 66% Apr 6 4 11% Dec 22 8% Sep 15 18 53% Dec 8 50% Jun 23 88 y2 Jun 18 7% Jan 90 Apr Jan 3 96% May 22 6% Jun 5 11 ya Dec 12 62% Oct 20 60 y4 Dec 9 118 Jan 2 105 Apr 18 50 Feb 21 119% Jan 11 x94% Jan 3 20 Jan 34% Feb 25 10% Sep 52 Jun 48% Mar 24 80% Oct 29 112 y2 Jun 94% Jan 2 15 14% Mar 19 8 General Jan 20% Jan 3 27% Dec 1 15 69% Feb 4 y2 Sep 15 25% Feb 5 54% Mar 30 Aug 31 15 3% Jun 9 23% Jun 1*0 36 Dec 29 25 Sep 126 Dec 10 93 May 11 8% Jan 9 11% Sep 4 10% Jan 20 y2 Jun 3 25 2 19 4% Jan 18 30 27% Mar 23 10 Jan Sep 29 5 Mar 20 5r/r General $5 Motors General Railway Signal Apr 9 General Realty & 25% Feb 3 General 2 General Time 2 25 y4 Sep 102% Jan 3 99 Sep 8 24% Oct 3 22% Sep 15 34% Mar 11 76 Oct 14 85 69 July 29 100 Sep 18 May 11 4%% 23 14% Nov 14 18% Jun 30 12% Sep 15 Aug 24 16% Mar 25 79% Dec 30 8 79 % Apr 13 82% Oct 10 Ve Sep 27% Oct 138 24 Nov 7 lUl 23 21% Jan 14 38% Mar 20 8% Jan Sep 15 130y2 Jun 30 135 9 20 convertible Gimbel $4.50 Co 8 Gold 5 Goodall-Sanford 7 Goodrich 18% May 22 11 Sep 14 19 55% Feb 20 77% Dec 60% Sep 21 80% Jan May 5 Jan 3 6% Nov 17 49% July 8 64% Dec 31 43% Sep 15 Sep 15 102% Jun 2 108% Feb 4 10% Jan 4 5% Sep 22 9% Jan 20 108 60 29 Dec 51 Apr 30 24% Sep ~2 1 14 y4 Sep 15 20% Jan 5 Granite City 85% Oct 15 98% Jan 28 30 34 y4 Dec 10 29% July 16 May 26 86% May 22 99 11% Mar 17 18 Aug 14' 81% May 13% Jan 8 39 Dec 22 2 19 16% Jan Oct 14 39% Mar 17 16y4Nov 28 14% Jan 27 57 23 47 19% Mar 137% Dec 30 61% Oct 31 149 ■" Jun 27 7 4 Oct 22 4 1 10 16% Dec Dec 33% May 97% Feb 33 46% Feb 5% % Grant $2.25 conv 5 19% Mar 27 Gt Northern Sep 18 58% Mar 25 Gt Northern 1 19% Mar 27 Great 141 Mar 2 1% 73% Jan 21 Green Bay 9 40% Jan 2 Green (H 19y8Sep 18 22 28 4 96% Apr x93% Sep For footnotes see page 7 22. 2 87% July 31 124% 125% •124% 36% 363% 36% 39 39 39 79 79 23% Mar 25 13% Aug 31 95% Jan 7 3 6 3% 80'% 35% 36 351/4 39% 36 *38 3/4 ♦38 % 39 *38'% 79% 79 79% 79 Co Ry & L) Tap & Corp Common 32 »/4 800 18% 2,700 60 126 353/8 5,400 500 39 52,900 793/4 9'% 9'% 8% 8% 8% 563/4 56 3/4 56% 573/a 57% 573/4 *93% 95 % 933A 93% *933/4 953/4 *93% 95%: 933/4 933/4 par 200 9 2,000 9 5,300 11% 12 11% 12 11% 12 11% 11%. 113% 11% 2,300 57% 57% 57'% 57'% 57% 57% 57% 573/4 573/4 58 1,300 119% *1193/4 120'% 120 117 ♦112 117 119% *112 120% *112 120% *120 121 *120 121 117 *115 120 *112 119 58% 59 58'% 59'/4 58 3% 58% 59% 58% 59% ~ 121 121'% 121'% 121 3/4 121% 121% 1211/2 121% 1,900 95'A 95'% 95% 953/4 95% 95% 95% 95 % 1,400 24 24 24% 24 24 23% 23% *23% 24 1,000 441% 45 45 46 46'% 46% 46 3/4 47 47 47 22% 23 23 23'% 22'% 23 23 23 % 233% 233/4 3% 3% 4 121 3% 2*6% 263/4 27% *99 3% 26'% 27% 100 27 263/4 100 4 4 263% 26'% 100 3% 26% 26% 26% 26 5% 27'% ♦99 58 s% 122 26% 27 99% 99% *99»/2 100 26% 26% ll3/a 11% 11% 11% 11% 2,900 20 20 3/a 20 20% 20% 20% 203/a 20% 20% 21% 2,200 43% ♦43% ♦98 102 100 44 100 *43% 44 2.50 26% 26% 26% *76% 77% *76'/4 *71 *27 *98 77% 73% 435% 26% 100 _100 *71 102 *27% *98 28 77% *761/4 ♦71 73% *71 73% 10% 10'/4 10 34 10% 103% 10% 10% 10 3/8 42'% 42% 42% 43 43 43% 43% par *99% 100'% 100'% *100'% 101 5 14% 14% 143% 145% 14% 82% ♦81 % 2.50 145% *81% 83 ♦100% 14% •81% ♦100 14% 14% 83 " 9,000 10% 8,800 433/8 100 101 813/4 7,800 143/4 82 10% 10% 10 3/b 10 34 10 3% 11 10% 11 10% 28 % 29% 28'% 28% 28% 283/4 28% 7% 7% 7% 7% 7% 7% 3,400 29 7% 200 10% 29 7 131 7% 131 •130 133 *130 133 *130 133 10 12 % 12% 11% 12% 10 66 % 67 66 3% 67 66% 67'% 67% 50 50% 50'% 50% 50 50 3% 50% *105 105»% 105% 106 . 101 28% . 4,700 77'/2. 42% 83 10 28% 28% 10% *81 600 102 27% *76% 41% 101 6,600 28 73% ♦71 200 90 27% 1 j 200 43% 40% 77'% 27 *76% 73% 102 *98 40 1 100 20 11% 28 Co 1,700 11 3% 27% 1 12,600 26% 26% 101 11'% 27'% Co 2,200 9,700 44,100 4 11 27 com 40,100 10% 27 12'% 11% • 12% *130 7,900 2,700 7% 20 132 12% 121/8 12% 3,100 63% 69 70% 9,500 Rubber- No par No par 105%. » 53/4 1% 1% 5% 106 •53/4 53 5% 53 *513/4 26% 26% 25% 13/fl 1% , 1% ♦105% *53/, 50 3/4 107 5% 523/4 ♦52 25% 1% 26 '% 1% 50% 50% 12,600 105% 1055/a 1,000 53/4 5% *52 25% 1% 255/i, 3.500 1 3/8 11.500 1,800 7% 7% 73% 8 7% 73/4 30% 30% 30'% 31 31 31 31 31 303/4 303/4 1.400 12.50 15% 153/4 15% 15% 15% 15% 15% 16 % 16 '/4 16 3/8 6.300 88 5 *31% 100 i 94% 73/4 7% 73/4 90 90 90 3/4 903/4 91 500 32 313/4 32 31% 31% 313/4 313/4 313/4 313/4 900 94% 95 96 *933/4 95 94 94 94 94 89 • 88'% 1 10 10% 10 No par com 7% 33 34% *33 903% < 10% 1 10 10% 34'% *33 34'% 91 10% 10 *33 110 10 3/8 34% 10% •33 34% 5,700 6.400 17% 18 17% 18 17% 18% 18 18 17% 18 No par 49 % 49% 493% 50 49% 493% 49% 49% 48 34 493/4 6.400 com—No par 17% 18 17% 17% 173/4 17% 17% 17% 171/4 17% 2,500 Ore Prop__No par pfd „__100 RR Inc_ Die 400 5234 5 100 common 6% 1 % 5% 10 (The) Western Greenfield 733% 57% 8% 26% Sugar Co 1,000 10,100 565/8 9 26% preferred Iron 79 30 147% 563/4 9 43% M S & P__ Greyhound 12% Jan 124'% *89% preferred 15 Nov •123 123 90 preferred Western 64% Apr 26% Jan 123'/4 123 40% Steel common cum 30% Jun 13 18 3% ♦711/2 44 preferred Grayson-Robinson Stores 8 2 32% 18% 393/4 Motors.. Co (W T) 2 10 32% 18% *71 I 90 3%% 67% July 11% Jan 32% 18% 73 90 Co Consol Union 41% Jan 19% Nov * 32% 18 No par Graham-Paige 17 y8 Oct 128% July 17 32 17% 253/4 Grand 104% Jan ♦71 32 173/4 26 2% Mar 25 2 73 32 25% 9% Feb 25 31% Mar 27 9 73 ♦71 17% 78 common_.No par & & ♦145 31% 73 Grace 14 21 ' 5,800 5,000 12 33% Mar (W R) 40 f. 20% 11 3/4 •51'% 18 Jan 201/4 11% 53 19 27% Feb 20% 11% *51% iy8Sep x92% Sep 20 ll3/4 Gould-National Batteries Inc_——4 6% Jun 30 20% 115% 61% July 21 26 y2 Jan 24% Jan 147% 20% 11% *5% I 25 ♦146 20% 40% Hosiery 15 18% Oct 144'% 89% F) 14,900 113/8 393/4 preferred Granby 113/8 3,200 22 3/4 102 20'% No par 4 35% 113/4 89'% Inc (B Tire Feb 33 Mar 28 $5 Gotham 353% 11% 403% Common May 26 2 30 36 ' Mar 19 351/4 11% 35 No par Co 9% Feb ~3% Oct" 2*3 6% Jun 27% Oct 91 59 34"% ■* 11% / 11% 146 146 " 23% 102 89'/4 & Stock Telegraph Goodyear 40 104 102% 56% 10c Brewing Co_i Mar 27 ♦101% 144 3% 38% 5 Corp (The) 102% 263/4 20% 36 5 common Harvester 22 1,400 11% 123 No par Glidden 233/4 22 5,800 par 100 Co common Gleaner 600 43/8 _1 preferred Goebel 23% 21% 17% No par preference—No Brothers Apr 15% Oct 30 2 $5 23% 213/4 40'% Gillette 96% Jun 23.3/4 89% 15 28 26 3/2 40 % 23 99% Oct 26V2 89% 43% Oct 22 26% 31% 100 Co *41/4 4% 145% *71 1 300 27 20% No par 4%% (The) 27 40 % 74% Apr 18% Jan 6 1,700 *43% Rubber & 3,900 common_.No par Corp Tire 2,700 63/4 11% *144 «r __100 preferred General 5% 183/4 63/4 1 2 1 11 % 5 18 3/2 * 6%': 4% 4 35% 10% 101 4 5% 19 pfd—No par 20 22 18 34>/4 10% Corp 10 Vo Oct 93% Apr 124% May 24 Corp Castings $6 32 y4 Jan 24 353/8 10% 5 General Shoe 5 Dec 35 5 No par 25 8% Jan 2.50 100 23 y4 Jan 42% Jan 343% 101 com_.No par 34% Sep 23 ♦101% Corp preferred 3%% preferred ; Georgia-Pacific Plywood 8 1013/4 Utilities 31% Feb 35% Jan 26 15 1013/4 — 22 22 Jan 27 21'% No par Refractories Dec Apr 23 213/4 common Public Uti'ities 27 7% Sep 22% 215/8 preferred 5% 100 32% Oct 225/8 213/4. 3% Telephone 18 223/4 21 % 1 Gen Jan 22 % com__l 1 General x86 26'% Corp General Steel 273/4 26'% 100 General 23 27'% 26% i lti Apr 28 _1.66% Cement 6% 23 26 3/4 com 21 51 23 26 Eqp Corp_ Service-., preferred 23% 26 Precision Public 18% 6% __50 10c General Portland General General 15 18 4% 24 96% Mar 16 77% Feb 4 >/8 par 40% Oct 9 4% 5% 5% 19 6% 4 Advertising...No Outdoor 5 183/4 1 95% 6 10 275/8 951/2 7 31 28% par 88 y2 July 30 ya Jan 28% No par 34% Jan 14% Nov ♦22 3% com Corp 13 21 23% ax 0 7 71% Dec 27% sene&_ 4 Mar 10 ♦27% Inc Corp $3.75 35% Dec Apr 233/4 preferred Pie.oiiea 45% Dec 89 ♦22 3/2 *22% L_______ 100 104% Jan 31 223/4 Investors convertible 2 3 400 223/4 preferred 21 15 23«/4 common„L_—No 25 Jan •22 3/4 preferred Instrument Jun 81 23 Oct 37% Jan 15 y2 Sep 23 Co—.1 29% Jan 42 23 100 36% Feb 92 *22 5% 100 2 Sep 23 Corp L Corp com Mills 3%% 5 25 17 2 14 114 Dec 9 Jan 21 y8 Sep 223/4 preferred—__j—No General 61 14 42 y4 4% Dec $3.50 17 99% Jan 24 Nov 24% Aug 29 20 23 General Dynamics Corp :common__3 Preferred ($2 cum cohv)__.No par Electric 123% Jan 50 3% Feb 400 23 ]_ Foods 2 21 36 Finance 15 15 ♦35'/4 preferred General Sep 91 24% Aug 16% May 14 7% General 119 22 36 preferred General 124% Jan 125% Dec *35 2nd preferred 50 Cigar Co Inc com—No par 26 11 100 % Dec 36 conv 24 22 53% Sep 1st 4% Sep Jun 30 4% General 11% Feb 106 69% Dec *35 Corp 58 113% Jun 9 35% 2 Corp 20 125% July 28 Dec 8 46% Mar 24 July 28 120 2 20 Jun Jan 35'/2 No par 22% Mar 17 Jun 35% preferred 5 x29 35% Amer Transportation Baking Co common 15 Mar 25 50 5'/4 19 5 Industries 9% Sep 70 6% (The) 17% Jan 28 65/8 (_No par Container General 79 5'/4 183/4 6% preferred 7 Mar 24 8 5% 18% 6% preferred American $4.50 14% Mar 18 155 1 5% 18% 5 common convertible 98 y4 Jun Jan 41 Corp 14 13% Dec Inc Co Wood 27 159 1 common—1 (Robert) (The) Gardner-Denver Co 37% Mar 12 74 16% May 25 115 Jan 9 Inc convertible 25 27 9ya Jun 14 5r/c Jun 17 Nov 20 7% Mar 12 Co (The)__ GaTnole-Skogmo 33y4 Jun 63% Dec Apr 33% Jan 27 Gair Co 31 9 11 15 28 Gabriel 105% Oct 3 149 3 34% Sep 20% Jun 18 102 7% Mar 8y4 Jan 16 22% Feb 15 39% Sep 6% May 15 36 4% Sep 15% Sep 136 136 ♦135 137 135 135 •134 136 136 *68 70 •68 70 *68 70 ♦68 70 *68 70 34% ♦34% 21 •203/4 1 33% 34 333/4 34 Corp._No par 20% 20% 20 3/4 20'% *20% 13% 13% 133/8 13% 13% (The) 270 136 100 333/4 3,4% 333/4 34% 21 20 3/4 21 13% 13% 13% 5,000 600 — 3 13'% 133/4 18,800 - 4%% preferred -100 *92% 93% 93 93 *92% 94 94 i 94 ►93 95 20 15 Financial Chronicle... .Monday, October 26, 1953 The Commercial and 16 (1580) 6 NEW YORK STOCK RECORD LOW STOCKS Range for Previous Lowest Highest Lowest 23 % Apr 25 Dec 10 19% July 28 31% July 15 16 8 % Jan 13% Mar 21 7 4% Oct 9 Guantanamo Sugar Gull 23 27 Sep 14 38 % Jan 5 77 Jan 5 $5 50% Mar 27 Gulf 25 Feb 20 38% Dec 63 Feb 27 77 Nov 23 66% Sep 46% Oct 16 58% Jan 25 41 % Sep 21 14 20 Jun 22 90 July 1 24 Corp issued" "When 29% 28% 4% 29 Va • 98% Jan 2 Dec 16 30% Mar 26 33% Dec 24 105 103 3 2 32% Sep 15 May 7 106% May 20 *105 Dec 16 97% Jan 36% Mar 5 92 Jun 97 July $4.40 dividend —.100 100 preferred preferred $4.44 dividend *69'% 70'% 42% 43% 46 *427% 43% 101 34 34 *34 27 % 27% . 42 Va 43% 43 43% *43 25'% 25 900 4,200 70'% . 100 43Tb *69 *42'% 6,300 ■ 18,400 ,43% 2,900 25 25 *97% 99'% 101 101 *100% 101% *100% .101% 40 102 102 *102% 103% *102% 103 % 10 *34% 35% *34% 35'% 600 27% 3,400 700 *97 99 Va 101 -!• 102 102 *101 25'% 25 25% 24% *97 TOOVa .23Vb 70% 43% 99'% 28% *69 43'% 100% 5 28% *43 100% 23 *4% 28% *69'% *97 22'% 4% 29% x42% 100 preferred 23 Va 47% 45% 25 % Shares Oct. 23 22% 5 70 25 - Oct. 22 23% . 45% '45% $4.20 dividend 5 71 No par Common 25% Oct * the Week Friday Thursday 29 Gulf States Utilities Co— 8 103% Jan 16 105% Jan 8 105 Jan 8 '» 22% ' • 70 No par 25 preferred Oil 4% 29', a 5 5 x — Mobile & Ohio RR com_No par 22% 22% 22% 22% 1 Sales for SALE PRICES Oct. ill Oct. 2D Oct. 19 Par EXCHANGE Grumman Aircraft Corp—-— 29 28% Jan HIGH Wednesday Tuesday Monday STOCK YORK NEW 1 Highest Range Since Jan. Year 11)52 AND 99'% *97% 99'% H 29 % Aug 23% Sep 15% May 26 18% July Nov Feb 19 65 9 102 % Jan 23 18 5 Jan 21 26% Oct 23 139% Oct 2 142 23 26 21% Oct 29 6% Jan 36% Mar Feb 9 145 6% Apr 16 1 26 Sep 14 Jan 30 17% Oct 15 21 2 23 14 29% Jan 7 78% Jun 15 3 31 22 May 20 91 23 1 18 29% May 12 May 90 34 Sep Hat Nov 5 Sep Jun 8% Mar 12 Ila/el-Allas Hecht 13 34% Jan 100 22 Co 3% % Heinz 133 ; ; . pre for red-. Apr 20 97 Jan 21 24% Dec 2 22% Oct 16 20 % Feb 5 26 38% Sep 3 35 Vn Jun 25 38% Mar 13 21% Mar 31 15% Oct 13 20% Apr 10 Hercules 60% Sep 15 74% Jan 6 Hercules 5% prelerred Hershey Chocolate common Oct 29 66% Oct 31 x78% Mar 120% Feb 21 126% Dec 22 Jun 17 126% Jan 9 37% May 21 42% Feb 7 37% Sep 15 44 % Feb 3 53% Oct 7% 17 5 113 53% Apr 4 4 14 51% Jan 9 15 48% Jun 21% Oct 22 26% Jan 7 23% Sep 14 29 31 24% Jan 7 12'% Sep 11 18% Feb 2 7 14% Oct Jan 26 62 Aug 19 14 72% Sep 14 91 Feb 14% Jan 19 Apr 21 24 5 31% July 17 Iiinde & 16 12% Mar 11 Hires Co 23 22 9 Holland 6 Hollander 9 % Dec 17 11% Mar 31 8% Sep 19% Oct 27 22% Apr 18 11% Oct 7 Sep 3o 11% Jan Oct 29 20% Apr 1 Sep 14 11 28% Jan 30 94% Jan 2 6 41% Mar 10 57 Sep 22 55 102% May 90 7 Jun 12% Oct 14% Nov 21 19 12 35% Jan 24 18 I Aug Sep $4.25 div 17 15 24 103% Dec Dec 23 23 96 Jun 19 103% Jan 13 19 26 Dec 11 22 Jun 22 26% Apr 21 58% Oct 30 85 Apr 14 54 Houston 7 Howard 21 % Jan 6 7 9% Apr 28 12 5% Aug 11 Jan 4 Oct 16 52% Apr 12% Feb 17 66% July 31 36% Oct 7 16% Jun 16 17% Dec 9 Vb Sep 3 Dec 19 21 5% 14% Mar 11 59% Feb 32% 100 94 94 130 39% 40 25% 25 15% 15% 15% *68 69 80 Hupp 5% Mar 19 46% Dec 31 40% May 25 48 % Mar 25 23 65 Vb Sep 88% Jan Illinois 25% 25% *24% *24% 16% 15% 16 % 69 69 79% 79% 81% 80'% *17% 18 17% 17% 28 28 28% 9% 11% 11% 11% 11% 6 *5% 15 *14% 6 11% 11% *5% . 15% 14% 25'% 200 16% 16,600 69'% 10 1,670 80% 17% 17% 1,200 28 2,200 9% *9 9 '% 11'% 81 27% 17% 28 28 11% 11% 500 11% 5,800 5% 100 5% 5% *14% 15% *14% 15 400 *26% 26% 400 *5% 6 14% 16% *68 80% 9'% 9 9 16% 69'% *68 26% 26% 26 % *26 % 26% 26% 35 34% 37 36% 36% 36 36'% 35% 37'% 5,200 47% 47% 47% 47% 48 48% 48% 48% 49% 49% 1,800 5 57% 57% 57 57% 56% 56'/a 56% 56'% 56'% 56% OA 95 95 105% QS *94 95 *94 No par B 90 % 100 25% 105% 13% 13% 13% 13% 13% 13% 33 32% 32% 32% 32% 300 44% 44 44 43% 43% 1,300 Refrigerator Co *94 92 *90 92 *90 *94 95% *94 95% *94 95% *99 99% *99 99 25% *20 99% 10 25% 25% 26 26 '% 26% 14,800 62'% 61% 61% 61% 63 99% *99 60% 60 11 20 *90 25% 15% 44 90'% 99 60% *32% 92 25% 10% No par ' 33 44% 105 95% 90% 90% 15% 2% 2,900 105% 59% 3% 14'% 105% 1 100 1,380 105 % 1 common 105% 105% __25 (Del) 1,900 10 96 *95 105% 99% *99 No par *94 105% 95% *94 100 — Idaho Power Co 88% Dec *24% 9% 1' Apr 29 100 26% Corp 36 1,500 53'% *17% 25% 60 5,500 *15% *15% 16% 15% 15% *15% 16'% 200 11% 11% 11% 11 '% 11% 10Va 11'% 21,500 3% 3% 16% 10% 3% 3% 3% 3'% 3'% 3% 3'% 3,600 8 2,700 7% 7% 14 Hussinan 5 39% *52 % x27% 14 14 39'% 53 9 VB 6.(>6% 15 39 % 53 18 ___12.5<) 2% Sep 39% 53 34% Inc 18% Sep 10 39'% 28% 100 Hunt 16 121'% 26% com Hudson Motor Cat'— 28 65'% *120% *51% 9% 11% 4% Dec 120 200 7,300 66 66 120 65% *39 Vb > 18 *5% 16% 1.000 36% *15% 120 28% 15 23'% *35% 15% 15% 79 10 23'/a 36 % 69 *68 79 23 % 15% 25 25'% J 41 24% Nov 23 *35% 600 53 *51% 53 *51% 5 7 Va 1 *119 120 39 39% 11 8 95 Va 65% 65 65 *119 120 *118 40% Jan *94 24% 32% 95 95 *32 64% 22% 23 17% 32% *31% 95 *93% 93% 93 % 31'% 31% 32 64% « 2 Jan 50 *31% *31 % 64% common 8 24 83 " *81 —100 May 3 4,300 » 84'% 16 preferred—! 18 17% 24 % *82 Bay Min & Sm Ltd—No par Foods 30 18 No par Jan 17 1,400 83 5 Co ser 19% Jan 21 13% July 14 5% 24% 36% Corp noncum Hudson 2 *5% 30 Hudson & Manhattan Mar 11 8 & Stores 5% 18 23 Vb Howe Sound Co May 300 5% 83 *15% j Texas 1 17% Jan 3% Jun 4 Oil 79 14 11 13% 24% 17% *35% Light & Power 17 33% *13% 17% _50 prelerred 15 *32'% 13 % 24% 44% Sep 25% Aug 32% 82 *32% 9% Sep 19% July 28 13 5'% 32% 24% 32% 15% Sep 28 18% Nov 5% 1,900 82 17% ;_5 pfd 6 16% Nov 1,300 24% 13% Houston 24% 5% 83 17'% 10 preferred 4.40% prelerred 18% Apr 5% *23 4% 103 24% 5'% *23% 45% 3%% 10 24'% *81 44% 5 91 *132 24'% 17% 13% 3 80% Jun Mar 25 2,800 135 23'% 32% 99% Jan May 16 60 26% 25% 17% ___3 93 % Feb 96 102 50 104'% *104 > 100 1,100 13 23% —00 9 3 11 5% 13 15 13% July 17 Nov 3% May 15 2nd 5% 5% 66% *13% 16% $2.25 conv preferred 30 57% Feb Jan 5% Household Finance eommon__No par 36% Jan 94 5% 16% 12% *66 12.50 Houdallle-Hcrshey Mar 25 1 88 14 .100 No par preferred $4.20 July 20 42 8 5% 32% 14 1 Electrochemical 4 Feb 102 17 32% July 49 30 Hooker 2 116% Mar 19 16 5% 32% 14% 23 Honolulu Oil Corp 19 5% 33'% 36'% Homestake Mining 5 64% Jan *5% *32% *16% *12'% - No par 10 Oct conv 24 Vb 16'% 135 -132 135 24 *15% preferred 26 »/a Jun 47 103% Oct 41% Jan 5% 2 24% 23% 24 *132 135 *132 133 *14 ;5 & Sons 33 % Oct Aug 13 25% *35% Co 2 66% Dec 50 % Sep 32% Mar Furnace 7 39 23 24% 36 % Paper Co Apr 29% Mar 21 2 44% Oct 24% 15% Corp (A) 24% 15% Holly Sugar Corp common— 17% Mar 23 24'% *24 24% *22% (Charles E) 69% Feb 4 33% Jan x26%Jan 7% Jan 15 5% Sep 4 16 Mar 103% 5% common—-No par Daucli 103% *35% ; Hotels Hilton 15 V« J an 104 Va 14 Vb %% 22% Jan *103% 10 preferred series A 5 103% 12% 103% No par Powder 21 16% Mar 22% Nov May 12 13 33'% preferred series A 100 $4% cum 2nd pld (conv)__No par 2 21 18 3 *12% -25 preferred—.-.-; Motors % % 12% 5% 100 •. common Heydcti Chemical Corp common 107% Jan 26 WJ Hewitt-Robins Mar 27 73% Jan 74 70 Apr 82% Dec prelerred (G non-cum 12% 13 14 '% 25 4 3.65% 66% *32% 100 Co common 30 Holme 12% *66 27 5 ; 21% Apr 100 16'% *12% 66 Va 1 50 J Co 93 % Mar 34% Apr 16% 12% *66 *23 % 2V Glass 16% 13 Vb 66 % 104 27% 27 12% 16TB 16% *66 10 Marx common. (if J) h 24 Mfg Corp Hayes 9 Jan 86 coin_____15 of America common preferred IwliifiUres Inc 2 Mar 27% *12% 12% 12% *103% pfd—No par Corp Hayes 34% 27 12% 67 ltefrac Schaffncr & 4 % % 8 14% Mar 20 7% Jan 15 19% Jun 80 20 Jan 36 2 32% Jan 9% May 20 28% May 7 Vb May 14 32% July 15 11% Jan Hart 34% 67 *12% 100 2.50 26% 17 17 5 No par com Co $4.25 preferred 6% 2 13 Co Paper Co Harbison-Walk Feb 5 preferred (M A) 35 27% Cementing— >„ Watch conv ■ Hanna 26% Aug 15 4% Sep 1 12% July 2 31 4 30 105% Feb 8 22% Sep Oct 5 10 15 July 4% Well Printing Co (W F) Hammermill 16% Jan 15 Jun 131 July 29 5% Oct 33 Jan 30 25 Water Oil common Hamilton 23 22% Sep 100 Jun 34% Aug 107 Hall Jan 71 May 27 12Va Sep New 10 18% Mar 13 14 11% Aug 27 17% Sep 19 Xl4 2 16 81 May 26 68 15 Jan 16 3 17% Jan 11% May 29 Hackensack Halliburton 7% 7 7 7% *7% 7% 4,800 40% 41 40% 40% 40% 41 40'% 40% 11 | 11 VB 10% 11 10% 11 10% 10% *13% 14 14 14 13% 14 1,300 3 13,800 *13% 14 2% 2% 2% 2% 2% 2% 2% 2% 20% *20% 20% 20% 20'% *20'% 20% *20% 8,800 20% 100 43'% 1,500 71% 5,500 I 54% Jan 95 8 Dec 19 42% Dec 10 109 Apr 17 x35% Apr 7 23 8 35 % Jun 16 17 44 May 46 Sep 2 55% Oct 6 18 8% Jan 4 33% May 1 4% Oct 30 41% Dec 17 8% Jan 30 52 Oct 23 64'% Aug 81 Feb 49% Jun 6% Sep 34% Jun 20 96% Dec 155% Jan 28 164% Nov 25 41 % Oct 22 51% Jan 19 21% May 29 % Jan 1 Illinois cum 13 4.70% Industrial 7 84 Sep 1 101 Jan 28 151 Apr 7 161 % Jan 12 35% Sep 15 15 Jan 5 18% Sep 29 48 29% Feb 29% Oct 22 36% Jan Aug 13% Sep 23 Jun 25 24% Sep 92 Vb Jan 13 *48% 51% *48% 51'% 148% Jun 23 1 21 % Sep 15 27% Sep 2 Dec 94 80 May 15 3 % May 19 Sep 1% Oct 6 21 1 15 100 preferred 7% 2 Jan 8 2 No par 26% 27 preferred 100 Hydro-Eleel.rlc Sys class A__25 158% 159 *23% 23% 23% 23% com_—5 30% 30% 30% 31 % 83 Chemical &■ 1% Canada com—No par 39 Vb 129% of 9% No par com__No par 46 Oct 15 64 May 29 45 May 29 57 Jan 14 41 Jun 29 55 Jan 7 International Salt 36% May 16 40 Aug 15 38% Jan 7 40% Feb 3 International 40% Oct 54 Jan 26 35 Jan 19 Feb 2o 20% Dec 4 24% Jan 8 30% Sep 3 24 35 4 28% Oct 15 30% May 19 26 Nov 32% July 2 10% Sep 30 13 8% Jan Sep 2 13% Sep 25 20% Jan 100 preferred 7% Silver 6 International Telep 2 International Sep 21 9% Sep 15 30Vb Mar 11, , Jan 18 14 15% 15 245 % 244 15'% 245 & 27% 27 '/a 161'% 161'% 161% 24 24 23% 24 24V3 24'% 1.800 31% 31% 31% 31% 31% 32 7,700 81% 81% 83 82 82 *82 2 129'% 1% 1% 1% 39'% 38 Vb 39% 39'% 39% 129% 129% 129% 129'% 129'% 129'% 129'% 9% 9% 9% 9% 4,300 26,700 10 10 9% 10 2 17,700 360 54% 54% 54% 55% 55% 56% 557/b 563% *100% 102% *100% 102'% *100% 102'% 101% 101'% 100 7% 7% 7% 7 Vb -7% 6% 7% 6% 6% 1,600 49% 50% 49% 50 49% 49% 47'/« 49'% 47 43 *100% . 54% 103 46 46 46 46 46 46 39'% 39% 39'% 39'% 39% 39% 25 41 41'% 41'% 41% 42 41% 41% 33 *31 '% 33 *31% *317/a 33 *317/a 3.50 200 1,900 *1% 39'% 39% Co— 1.770 1% 48% 25 1 1.800 27% 159% 27% 40% Teleg.No par 5 4,400 35.000 160 26% 159% 39% Corp 230 27% 41 conv Power 15 245 39% pfd— Interstate Dept Stores Interstate 15% 246% 40% common Utilities cum 14% 246'% 89 39% 25 22 $1.40 23% *87% 162 *45% preferred Jan 30 *158 No par 33% Jan Jun *14 162 —Nopar Shoe International *158 7% 53% common—7.50 preferred Int'l Rys of Cent Amor 39 39% 162 39% 1% 1% 27 159% *81 10 9 32% Oct 26% 159 130 Limited —15 Corp— 247 244 83 1 100 Nickel 5% *81 100 preferred 4% Oct 2 14% common 68 July 24 14% 14% 43% May 28 36 Vb *87 244'% International9 Mining $4 89'% 14% Paper 7 23% 89% 244% Preferred 10% Mar 17 23% No par Minerals Inl.'l *13% 14 VB __Nopar International 5 *158 162 Machines Iron 56% Oct 22 61% Feb 93 *158 2,100 26 18 93 162 ; 24 VB 55% Dec 22 93 92% 24 *158 1 Packers Oct 92% 100 87% International 47 93% 700 23% 12% Mar 18 33% Dec 2,200 94% 87% 39% Jan Jan 40% 94'% 23% Inl'l 102 39% 94% 88 132% Mar 11 18 *4% 39% 23% 15 16 4% 39% 88 15 22 *4% *93% 89 15 6% Oct 4'% 40% 23% 9% Sep 93% Jun 4% 39V4 5 100 common 37% Sep 47% Jun 4% 40% 23% Int ' *4% 39% 5.500 128% Sep 9 4% 40% 6.000 3 16 *4% 40% 14% 4 Apr 12% Oct 100 39'% 5% 23% 48 '% Jan 105 800 52 40% 137% Aug 14% Jan 1 39 % *14 1 3 39 % 14% 4 21 39 % 14 % 27 5% Jan 39'% 14% 9 % Oct 42% May 97% Jan 2,800 39'% *39 39 14'% 4%% 7 47% Jan 8 "2 39'% 39 *13% 130% Jan 40% May 8% *51% 20 26% Mar 24 90 8% 52 23 Infcrlake 2% Jan 7 8% *51% 40 Inspiration Cons Copper— 14 166% Jan 8% 52 23 >/8 Harvester 14 8% 52 40% Inl.'l 23 Apr 8% 22% 5 41% Jan 52% 8% 40»% Business 23% Dec 172 2 53 53 *52% 9 23% Inl.'l 4 16% Mar 53 *52 52% 8% 40% 19 % Mar 11 31% Apr 17 88% Jan 25 160% Jan 53 53 *52 23'% 254% Mar 17 Jan 53 *52 23% 15 33 *52 Vb *48% 22% 10 14 53 500 51'% Cl.fs Inc 86 *49 *48% 300 6,300 23 Corp 224 200 50'% 48% 51'% 48 22% Insurnnsliares 29 *48 % *47% 40 Inlerchemical 24 48 48'% 40% 24% Oct 23 July 14 48 38% 40% 15% Mar 13 Nov 39% 40'% 21% Sep 96 39 % 40% 13% July 17 18 39% *47'% —__.5 _— 3 246% Dec 39% No par Co 9 16 39 % 106 No par 100 Steel 14% Dec 22 71% *103% Inland 23 % Jan Apr 72 % 103'% Ingersoll-Rsiud common (i%, preferred. 1 15% Jun 38% 71% 103% 48% J 4 88% May 19 43% 43 72 38% Rayon 18% May 186 43 43 104 71% 104 50 50 -00 50 Co 11% Jan 15 71 Vb 48% Indianapolis Power & Light.-No par Industriu Eleetrica Do Mex, S A" 6% Mar 16 56% Jan cum Terminal RR Illinois 40% Mar 16 19 23 1 cum 4.42% 11 *42% 43 106 *104 38% preferred preferred preferred 21 71% 71% 38% preferred 4.26% 42 Vb 43 107 No par common 7 Oct *104 pld ser A —100 5 11% Apr 52 Co 70% common-100 Co cum Jan 54% 18 27 RR eonv Power 42% 20 Central noncum 4.08% Jan 52 4% Aug 19 38% Sep 5 29 6% 28 50 48% May 19 7% Jan 30 41% Mar 24 May 21 53 52% Aug 21 113% Jan 5 50% Apr 45% Feb x47% Jan 11 101% Sep Is *31 *46 48 33 14 % 300 1.300 900 33 14% 14% 27,400 27'% 14% 27'% 1,100 14 % 14% 26% 26% 26% 26% 26% 26% 28% *28'% 28% 28% 28% *28% 29 *28% 29 26% 26 *25% 26% *25% 26% 500 10 10'% 10% 10 Vb 10 % 5,400 33% 33% *32Vb 33% 600 14% 14% 26% 28% 26% 10% *26 10 *32% 26% 14% 430 10 10 26 9% 14% 33 33 33 27% 200 Feb 29 19 41% May 21 33 8 28% Dec 31 27 Jun 16 31% Mar 16 ! No par Iowa-Illinois Gas &, Eiec Co.No par 33% 30% 30 % 30 % 30% 30 VB 30% 30% 30'% 30 % 30% 3,800 22% Apr 17 25% Jan 3,0 22% Jun 15 26% Mar 16 Iowa 24% 24% *24% 24% 24 24% 24% 24% 24% 24% 2,300 26 V8 Nov 12 39% Feb 5 16% Sep 30 % Jan Island Creek Coal common- 17 VB 17% 17 Vb 17% 17 17 17' 17% 17 17 2,800 *115 118 *115 118 25% Oct 25 Vb May 126% Oct 16 36 141% Jan 13 5% Jan 22 19 3% Oct 20 19% Jan 26% Aug 15 2 29% Jan 113% Sep 3 22 Sep 15 17% Oct 14 17% Aug 31 81% Jan 2 90 Jun 3 82 34 Feb"15 130 Feb 5% Mar 25 7 89 Apr 23 41 19 101 11 4 May 12 25% Mar July 6 Feb 9 26 Aug 21 9 88% Jun 62% Feb 19 78% Jun 9 57% Aug 31 74% Jan 2 53 % Oct 30 71 % Jan 7 50% Feb 60% Oct 22 96 100 May Jewel Tea Co 3%% Johns Inc common & . Corp Johnson Sep 18 85% Mar 30 29% Sep 14 39% Mar 17 Kaiser 3 22 % Oct M 30% Mar 12 49% Feb 13 41% Oct 21 49 19% Dec lo 2% Oct 15 For footnotes see page 22. Feb 5 8% Jan 2 5% Laughlio Steel 3'% 18 com preferred series A 18% 18% 18% 18% 18% 1.300 20 % 20'% 20'% 20'% 21% 3,400 87'% 86% 86% *86'% 87'% *86'% 87% 20 40% 40 40 40'% 40'% 40% 40 % 2,100 197/a 20% 86 87% *86 40% 40'% 40 % 3% 3% *95 3% 97 :95 97 96 96 62 62% 62 62 VB 61% 61% 60% 59 58 60 60 60 60% 60% 10 21 % 21% 21% *95 97 60% 21% 21% 21% 21% 21% 97 61'% 20 6,800 60% ' 60% 2,200 21'% 21% 12,400 83 83 % 270 32'% 2,100 83 83 Va 83% 83% 83% 83 % 82% 83% 32 Va 32% 32'% 32% 32 Vi 32% 32% 32% 23% 23'% 23'% 22 7% 23% 23 23% 4,500 42% 41'% 41% 41% 42% 42 42% 5,000 3 Va 2,200 1 23% 23% 42% 43 *3 Corp *95 61% 57% 1 3,100 18% 20 3% 100 __100 3% *3% 18% 20'% 10 Cliem 3% 3'% 18 % 50 & 118 20 '% 3% preferred (conv) Alum cum *115 18% Kalamazoo Stove & Furnace 5% 118 *115 118 12% Joy Manufacturing Co Jones & 1 *115 No pat- preferred Manville Johnson 82 38% Jan * No par Lake Sulphur Co 1 Jersey Cent Pwr & Lt 4% p'fd—100 2 5 1 Jefferson 18 24% Jan 50c 1 Co 38% Feb 17 16 26 I.) Jaeger Machine Co 90% Apr 16 31% Oct 30 Dec (F —a. 14 82 42%" Dec preferred Jacobs 10 Light Co Sep 25% Jan 24% Nov 16 & 19 22 x8 Jan $6 Power 21 20% Oct Oct 9 Interlype Corp , * . \p % *32% ' 3 Va 3 *2Va 3 3 3 3Vb Number 5267 Volume 178 The Commercial and Financial Chronicle ... (1581) ♦ t NEW YORK STOCK RECORD j Range for Previous STOCKS Year 1952 Lowest Range Since Jan. 1 Lowest Highest 26% Jan 5 30% Dec 10 87'/a Jan 2 96 Dec 3 95 Jan 15 ,lp2% May 21 103'/a Mar 12 106 May 1 NEW 26% Jun 16 85 10 Jun 31 % Mar 13 95 % Jan 9% Feb 28 19% Sep 4 13'/a Dec 19 3.80% 92 Sep 11 98% Jun 18 100% Mar 105 9 Jan 4% 14 45% Aug 10 16 36% May 11 17 27 21 S.p 10 July 1 13% Jan 15 20'/» Jun 92 % Jan 14 82 Feb 4% 71 July 37% Oct 6 60 Jan 8 22% Auk 21% Oct 2 39 % jun 16 Apr 51% Sep 30 5 21% Feb 114 27 Jan 101 26% Dec Sep 15 22% Sep 2 25 Nov Jaii 22 Apr 8 80 Oct 27 78% Jan 8 35% Oct 23 49% Jan 21 28 y4 Sep 14 24 24% Feb Jan Kennecott 6 9 28 4 J % Jan R) Co 28 97% July 30 83% Sep 25 93 Jan 5 4% 39% Jan 33% Jun 19 35% Jan 5 Kresge 48 Sep 22 57% Feb 5 Kress (S II) 37% Apr 28 44% Oct 19 54 % Sep 5 24 30 98 *97 97% 40 105 *104 *103 104'A *103'A 38 104% *104 105 38 37 *35% 37 18 18% 17% 18 17% 18 17% 18 18 18% 10% 11'A 12% 5,700 11% 12% 13 12% 12% 12% 12% 13,600 _1 16 y8 Kroger Co 38 38% 38% 39 *35% 37 5,000 100 16'A 16'A 16% 16% 4,900 64% 65% 65% 66% 65% 65% 65% 66 % 65% 66'A 38% 20,000 39% 38% 39% 38% 39% 38% 40% 39% 4 13,700 *21% i„ ' *21% 21% 21% 44 44 *101 105 24% 25 25 37% 36% 36% 83 82 82 24% 24% 16% 21% 16% 16% 21% 21% l'A 44 44 *101 105 1,800 25 25 *25 25'A 37 *36 37 *36 37 *81 31% 31% 31% 82 82 82 *81 82 86 86 86 34% 34 34 51 51% 50% 50% 43% 44'A *43% 31% 31'/a 31% 86 86% 86% *86 34% 34 34% *50% 51% 50% 50% 43'A 43'A 42% 42% 34 / 44 800 100 •v. 120 31% 31 85% 34 y8 3 l'A D 400 21% 44 105 43% *101 *36 * 86 —No par *21% 44 31% .—No par 17 16% 103 43"% *101 24% 83 10 &i Co 105 *36% 100 (The) 43% >101 No par 10 — 21% 43% 100 _1 —1* common preferred (S S) Co_ 42% Dec 93 *96'A 2.50 Koppers Co Inc common 21 25 *91% 98 *35% 5 com preferred Apr 31% Jan 2,200 *91% *37% Corp (G prior Oct % , 98 37 Co_:— Corp 34 50% Mar 25 104% 29% No par Land King-Seeley 5 29% 93 38% No par $5 29% *91% *35% preferred (cum) eonv Kinney Shares 29% 93 36'A No par May 12 29% *96'A • 38 Kimberly-Clark Mar 17 95 the Week Oct. 23 36% Keystone Steel & Wire Co 41% May 19 Friday Oct. 22 37% ' 4% 29'A Sales for Thursday 50 Copper County 91 5 98 PRICES No par preferred non-cum Kern 3 49 111 % Feb 3 18% Jan 70 29% 92% 98 >103 Kayser (Julius) ■& Co Kclsey Hayes Wheel—r 25 20 Mar '96% 29% *91% SALE Oct. 21 100 Common 18 22 40 100 Kansas Power & Light Co—1—8.75 27 68% Oct 110 29% " Mar 17 40% Feb 1 cum HIGH Wednesday Oct. 20 91% 100 preferred 4.50% preferred Kansas City Southern— 6 13% Sep 59% Sep 20% May preferred AND Tuesday Oct. 1!> " 36% Sep 2 Monday Par Kansas City Pr & Lt Co com_No par 13 32% Jun 16% Jan STOCK YORK EXCHANGE Highest Continued—Page 7 LOW 5,000 _ 87 110 34'A 34% 3,400 50 50% 1,100 42% r 43'A 1,300 L 8% Mar 13 9% Dec 23 8 Jun 9 5 'A Dec 8 7'A Jan 19 4% Sep 15 18% Oct 6 24 Jun 21 19% Jan 2 11% Mar 7 16'/« Dec 12 14% Sep 14 12 48 45 * 9% Jan 7 5% Fell 4 Laclede Jan 10 20'A Jan 2 25% July 16 18% Sep 14 72 % Jan 30 47 21 64 15 26% Dec 8 15 29% Feb, 20% Apr 88 Jan 50 2 Dec Oct 7 24 Sep Sep 86 July 14 56 v Mar 12 Jan 4.%%. Lee Lees 3 1 1 30% Nov 26 25% Jun 10 34 Feb 19 21% Dec 16 14% Sep 18 22% Jail 1 Va Dec 26 2 '/a Jan 4 Oct 20 1 % Jan 7 5 7'A Oct 22, 1 20 8'A May 21% May 14 13 Nov 17% Jan 29 5% Feb 23 21 81% July 1 29 3% Dec 70% Feb 2 23 7'A Oct 2 % Sep 14 Feb 18 11% Jan 23 21 18 l(i% Mar 28 Nov 17 25 Jau 7 *33% Feb 27 42% Dec 23 7'A May 1 14 Jan 6 4 '.2 Jau 22 2 Jan 2 <»% • 11 22% Mb 14 15% 15% 1—50 Valley RR r &i- Fink » Feb 13 8'A Jan 7 Jan 29 34% Jun 10 10% Apr 13 38% Mar 17 Libby 38 Dec 15 74 Jan 5 82 160% Jan 2 173% Apr 30 155 Jun 5 170 15 30 1 33% Nov 74 58'A Jun 9 35% Sep 24 21% Dec 1 11 25 26 14 16 Vu Oct Dec 48% Jun 4 6'A Mar 17 Jan 22 2 14 Nov 26 75'A Apr 18% Apr 15 11% Oct 28 24% July 18'A Jail 66 23 Vu Jan 30 1 4 31% Nov 28 19'A Fe Oct 19 72% Jun 4 > Savers 9 27% Ma r 2 7 15 38% Ma r 3 Lion 14 21 % Feb 4 Jun 17 74 Feb 23 26% Oct 21 18 14% Mar 25 26 7% 7% 7% 26% 26% 26% 27 27 27 16 % 16% 16% 16% 16% 16% x27% Nov 14'/« Jan 3 15 No par 102 Jan July 2 107 Dee 24 106'A Nov 14 21 —— 20% Aug 143 Jn n 5 3 Jun 9 52 'A Feb 20 33 24 % Feb 20 — 6 25'A Dec 18 158% May 24 24% Jan 5 147 14 106% Jan 104 5 168 y2 169% *168% 100 170 168'A 168% _No par ">67% 68% 68% 68% 6& 68'A 68% *67% 38% 38% 38% 38% 38 % 38% 38 Va 38% 38'A 38% *68 69 1.600 6,100 130 400 2,000 25% 25% 24% 25% 4,100 30'A 30% 30'A 31% 10,000 16% 16% 16% 16'A 17 65y8 *65 % 65% *65% 65% 65% 65'/b 65 y8 65% 200 1 25'/a 25 y2 25% 25% 25% 26% 25% 26 »A 25% 26% 44,200 —No par 10% 11 'A 11 11 Va 10% 11 Va 10% 11 Va 11 11% 19,800 28 12,400 Aircraft Corp — 10 27 Vb 27% 28 *27% 28 27% 27% 24% 24% 24'A 24% 24% 24% 24% * 108% 109% *108% 109% *108% 109% *108% Long Bell Lumber (M'd) A—No par Long Island Lighting Co coin 10 Common rights *22'A 17y8 22% 22% 22% 22% 23 23 17'A 17 17'A 17 1.7 % 17 & A 5% 103% 103% 103% 103% 102y2 102 % *ioiy2 102 y2 *102 103 100 *103% 104 y2 *103% 104 v2 *103% 104% 10 28% 28% 28% 28% 28 %> 28% 155 »A Co 30% Apr 6 92 7% common preferred LowcnsLein 4'A% _____ El Si Mar 20 M Wood Feb MacAndrews 155 155 155 24 17 17% 28,800 32 391.800 % 104'A *104 105 *104 105 103 103 *103'A 104'A *104 105 *104 105 28% 155 28% *155% 28% 157 39% 38% 39 y2 *38% 39'A 39 39 39 39 62'A 63'A 62% 63% 63% 63% 63 y2 64 63% 63% Inc com__l 32% 32% 95% *93% 95% *93% *42% 44 % 42% 33 *93y2 10 44 32% 100 43 'A Co *32% 3.900 2,500 *39% & Sons (M) Steel 155 *154 23% 50 preferred series A Lukens 100 25'A 109% (Ky)_Nopar Co Nashville &i 25'A 17% 155 <P) 27% *108% 24'A 28 Lorillard 104'A 25 4,800 109% % 100 100 pfd series A 27% * s a3a A preferred series C 5.25% 26 5 series B preferred—— 5.25% , Co preferred conv 7 29 *168% 30% 8 15% Jan 170 170 , 25 Louisville Gas 14 3,000 168 y2 16% Louisville 10 9 30 % 9 22 8% 24% 2 Jan 9 78%' 10 % Mar 12 35% May 25 8% 17 i/, Jan 97 9 25 Va a i 45% Jan 9 30% 67% Jan May 25 36% Sep 15 9 Va 9 16% 15 30 9 y8 9 25 18 Jan 6,300 30'A 10 99% July 3,000 17 Sep 33% Aug 18 38% 30% Jui 50 17% 38 25 y« 55 a 18 38% 16% 65% 34% ,T»n 16 2,800 17% 37% 30% 23 91% Jan ' 14% 18 Va 38% 24% 30 37% Oct 14% 17% 38 y8 2.50 % Dec 158 14% 18% 39 37% , 67% Dec 4 1 14% 18 % 38 100 13 30 % Aug 14% 14% 18'A 38 No par 4.75 !) Oct *14% 15% 18 37'A 78% Corp Co l.oevv's inc 15 Jan 110 14% 15 2,100 33% 37% 18% Mar 25 13 *31 78% 35 % Mar 26 12 33% 37% 14 May 200 3,600 7% 78'A Corp Jun 2% 66% 7% 37% common 97 *2% 66 % 7'A 79'A Cement 101 2% 66% 7'A 37 Va Gas 101% Jun • mmm *2% 66% 78 Star Oct 2% 66 y2 37'A Star 32 2% 65% 80'A Lone 10 2% 66% 37 % Lone 22 *2% 66'A 79% 5 -n 7% 2% 66% *36% 15 % Oct 1,500 12,500 4,000 80 19 15'A J 7% 20,600 1 37 Apr — : 1 78y2 Aug 2 7% 1 1 36% 26 17% Dec 1 7% 5 (The) Corp Oil Lockheed ' 101 5 10 7 34 % Mar __ 7% 7% 1 7% com—25 110 21% Oct 1 % 1 7% 7% —No par 16 7 l'A 8 2% 66'A . 1 15 43% Feb 2 1 pld 23 Va Jun Sep 1,700 86% 8% 103% Jun —. 24% *86 Carbonic Corp com No par 3% % convertible preferred—100 Lionel 13 20'A Apr 10% Sep 24% 86 »A 16% Liquid 64 24'A *86 26 Ye Belt Co j 300 24'A 24% 86% *86 5 Tulip-Cup 15'A Sep 49% 16% Libby & Link 28% Sep 49% 26% Corp Lily 0 7% Mar 16 24'A *19'A 8% Myers. Tobacco preferred 7% 300 19% 49% 16% Products—l McNeill Life 6 280 20 19'% 49% 26% Liggett Si Aug 50 20 8% Libbey-Owens-Ford Glass Co 76 May 86% 51 *49 100 50 50 15% *1% Lerncr Stores Corp—— 4 Jan 24% 24% 50% 900 *33% 2nd Lehn 4 28 43 *19% 50% issued" 61% Jun 49 50% 20 y8 15% 26% (The) Corp 35% Oct x!2% Apr 50'A *19% 1.200 1'5 Va 10 Valley Coal common lioncum 15% 6,100 25 '$3 noncuiiF ist-prei'erred—_No par 50c 15% 9% 4% —No par Coal & Navigation Co Portland Cement Lehman 15 »/2 * 21% 50 15% *49% *86 9 *4% 21% 5 21% *50 24% 9% *21% 50% 86 y2 9 *4% 21% 50'A 24% 5 21% 20'/a *86 9 *4% ' 50'A *50 100 : 5 20 % I 5 17 42% Feb p 15% i—1 Si Mil I 16% Sep 21% ■ 14% 33 u S 21'A preferred "When 13% Dec *4% 21 'A (James) & Sons Co common—3 3.85% Lehigh Lehigh Lehigh Leliigh Mar 24 «(>'/» Jan 14 62% Sep 95 8% 4% 21 15'A Tire & 9 9 4% No par Co Rubber 9 pfd_75 Pesos Mex (The) preferred Lane-Wells 9 1 92% May 9% Dec 22 < Co Lane Bryant common 24 % Mar 17 1 Lambert 9 4 Co_. La Consoliduda G% 25% Aug 20 18% Mar 18 54'A May Gas 32% 32% 32% 95% *93% 95 *93% 41% 42 42% 43 32% 32% 170 180 10.600 90 500 4,300 2,000 95 42% 1,000 7% 2.500 M Nov 40% Aug 4 45 128% Sep 10 135 12 Oct 30 24% Oct 22 84 Dec 29 16 26% Oct 30 15% Aug 13 485 Apr 7 % Dec 6 Dec 20 Apr 8% Oct 9 24 12 Jun 7 41 Jun 3 125 17% Jan 28 31% Jan 30 90% Jan 28 9% Mar 33 10y»Jan Feb 8 14 39 536 Dec 10 11% Mar 18 Jan 7 July 11 8 23 8 .45 Sep 17 10 >4 July 13 132 21% Sep 30 78% Sep 14 26 13% Jan 9 6% Sep 15 9% Jan 8 12 517 Sep 15 4% Sep 15 4 % Sep 14 22 Jan 16 552 Mar 23 8% Feb 8 Mar 28 9 25% Jun 18 11 25 10% July 2 52'A Feb 25 Dec 57 % Jail Mar 22 11% Jun 10 13 Mar 22 52% Jun 15 58 Feb 8 22% Sep 15 25% Mar 1!) 7 94 Jun 9 80 8% Jun 25 16 Dec 19 9 % Apr 15 13% Jun 2 28 17% May 12 38 % Oct 30 104% Jan 3 29% Jail 25 90% Jan 2 90 % Jau Sep 8 Marl in 2 2 Masonite 18 17% Sep 15 20% Jan 2 Master 10 34% Aug 28 41% Jan 2 Matbiesou 10 98 Vi Jun 30 110% Jan 5 4,25% 34% Aug 11 27% Jun 10 98 July 21 83% Jun 5 95 Jan 12 95 16% Sep 97 May 7 82% Jun May 2 75 19% Dec 31 16 45% Jan 18 Dec 30 17 45 19% Dec 4 7 26 % Dec 31 45% Nov 13 42 28 28 30 55% Mar 2 July Sep 15 Sep 29 15% Sep 15 20%S-p 14 Feb (Glenn L> 17% Mar 7 98% Apr 25 28 5 71 Nov 20 83 % Apr 3 33% Nov 17 46 Jan 28 23% Jan 31 26 % Jan 7 12% Nov 3 15% Jan 21 Nov 25% Feb 32% Mar 23 $3.75 Jan 0 $3.75 85% Jan 13 $2.40 21 Mar 16 52 Mar 12 21 % Mar 25 30% Feb 10 Oct 22 5% Feb 17 12% Sep 29 15 % Feb 4 74 28 92 8 Sep 4 Jan 22% July 15 28% Feb 86 94 Aug 19 23 % Mar 8 12% Oct" 22 Dec 10 15% Apr 16 Oct 6 47 22 84 % Jan 4 104% Oct 3 50 % Mar 12 9 21% Dec 35 % Jan 22 93 % Dec 12 121 Jan 2 28 Nov 7 MeCall 22 Oct 15 37% Dec 18 96% Oct 23 31 Jan 30 Jan 2 22 Jun 16 28% Oct 19 28% 54% Feb 11 $2.50 Stores 29% 29'A 29% 94 93'A 94 Electric *91% 92 92% 93 310 Inc Co 62'A 62% 62% 62% 62% 63 64 31 31 31'/b 31'A *30'A 31 30% 30% 31 1,000 54% 54% 54% 55% 55 Vi 55% 54% 55'A 55 55'A 2,000 36'A 36 Va 36 36% 36% *36 36% *36 36'A 900 -—1 20% 20% *21 21% 20% 20% *20% 21 Va 20% 600 10 *12% 12% *12% 13 13 *12% 13 25% 25% 85'A 85% 18 20% *12% 1.700 13 5.600 86% 590 x27% 28'A 28% 28% 3.300 13 *46% 13 12% 12% 12% 12% 12% 12% 12% 12% 1,300 48% *46% 48% 46% 46% *46'/s 47% *46'/a 47% Inc—___3% 17Vs 17% 17 17 17 17 16% 17 *16% 17'A 2,900 16%c 19'A 19% 19% 19% 19% 19% 19'A 19% 19% 19% 26,900 No par Co *87'A 93% 94'A common No par Jan 14 97% Jun 3 88 Jun 12 93 % Jan 13 91% Feb 20 95% May 23 84 July 105 Oct 6 May 21 Jan 8 109% Aug 8 26% Dec 38 99 20 58% Oct 16 81% Jan 28 20% Feb 14 28% Nov 28 Co.. *94% 25% 28 % 5 series series series 30% pl'd__100 *90% 90 90 *87'A 94 % 93% *88'A 93% 95% 95 'A 95'A *95 25% 25% 25% *25'A 28% 28'A 28% 27% 31 91% 31 31 91% *90% 100 101 101 100 *90 93 *90 102% *100 91 30% *90% *100 90 *88% 90 25% *86 *88% 26% 20 90 3,100 93% 93% 94'A 94 94% 96% *95% 96% 95% 96'A * 26 25% 25% 25% 25% 1,000 28% 28 28% 28'A 28'A 7.900 30% 1,000 30% 91% 102% *30% 30% 30% 140 92 230 100 100 101 101 60 *90% 91% 91% 93 *90 93 *90 93 *90 93 *86 91 *86 91 *86 91 *86 91 104 104 104 104 *103 104 >103 104 ' Petroleum Utilities Inc 100 *86 __100 *104 105% —5 Copper Sohth *12% 64% 85% 91 Middle 1-36 64% *30'A 26 3A 2 9 64 76 5 5 28 Va Feb 27% Mar 230 85% 105 Mid-Continent 6.200 26% 14 2 12% 77% 28 Va S:p 66% Jan 120 12% 77% 85% 95 22 43 12% 77'A 26% M'esta 55% Sep 22% Jun *42 12% 77'A 27% Metropolitan Edison 3.90% 4.35% preferred series preferred preferred 42 12% 77 85% 9 4.45% 42 12% 76% 26 2 3.80% 43 12% 76% 12% *76 28 »/o 39% Jan Miami *42 16 % 86'% '98% Jan 5 *22 26'A 11 29% Mar 22% 28 % 24 14 16 22'A 25% Jun 18% Sep 16 22 320 *85 y2 30'/8 Sep preferred 16 Va 22 440 2.800 76 $4.25 2nd preferred No par Mergenlhalftr Linotype Co—No par Merritt-Cliapmau & Scott 12.50 3.85% *46% 85 28 $3.50 preferred $4 eonv 2nd pld Machine 43 *42 47 *84 1 new Co—. Stores Co *15% 12% Porcupine Mines— McKesson & Robbing Inc &i *46 y2 42% preferred—100 Ml'g 47 12% Co Stores *45'A 42y2 Publishing Morris 17 50 „ Corp convertible 3'A % 86 29 y8 *92'A common—50c preferred-. McCrory 25 9 29 Va 92 V* 100 May 27 22. 100 3,400 29% 92'A 700 Jun page 105% 1,300 101 see 6,500 16% 108 footnotes *104 29% 16 3 For 105 93 22% 2 4 *104 93 16 Jan 93 % Feb 105 29 y2 22% 92% Jan 107% Feb 19 *104 17% 29% 15% 101 3 104 104 22'A May 15 11,800 15% 3 common 80 21 400 30 22% Corp Merck Sep 18 38% 22 No par Corp McCord Mercantile 25 *17% 46% 5 23 17% 39 17% 46% 7 33% Jan 17% 37% 17% 47 50% May 21' 14 18 38 V* 17% *46'A No par 19 % Jan 20 17% 18 37% 18 Va 38 46% preferred 25% Jan Oct 17% 18 38'A 17% *17% 17% 19 Jan 1,000 17% 14 83 28,700 12'A 17% 15 111 *103 29 % 104 130 15 84 No par Sep 4 18 17% Aug 10 17% 38% 15% Sep 91% Sep *12'A 17% 17 92% Jun 14% 12 38 Mead Corp common No par 4'A% preferred (lsl series) 100 Melville Shoe Corp 1 Mengel Co (The) common 1 5% convertible 1st preferred—50 46 15 12 17'A McQuay 14% May 22 14% 12 84 McLellan Sep 15% 12 83 17'A 22 12 14% 12 11% *81 91% 21 14 8 15 15 83 84% 14% Jan 1 14% *11% , *81 17'A 26% Jan Mar 20 83 91% 15 May 83 *83% 24 28% Mar 19 82% 17'A 2 28 81% 91 38% Jan 95 4,500 82 83 2 2 1,800 24'A 24% 1 100 12% 54% 24'A *81 11,100 12% 24 *53% 24% 12'A 9,200 54 54'A 24 12% 400 2,200 19% 12% 12'A 53% 24'A 12% 1,400 54 12% 54 24 *53% 4'A 5 24'A 7% 24'A 12% 24'A 5 5 Mclntyre 14 Feb preferred— 7% 19 4,900 17'A 12 13 16 ; 7% 19% 54 11% coin 7% 19'A 12'A 14% No par Corp 7% 19% 4% *4% 23% 54 1 Co 5 23% 6,900 19% 83 71 % Jan 21% Sep 5 4% 23% 23 % 25% 532 91 17 26 % Jan 19'A 19 *516 17 »A 52 83 Va Oct 7% 19% 25% 19 84 McGraw-Hill 2 7% 19% 4% *4% 26% 535 91 M'cGraw 14 *7% 5 18% 180 900 91 11 24 7% 4% 26 *516 6% *83 73% Mar 12 Jan 4% *4% *23 19 6% *92 32% Aug 26% Dec 5 23% 26% 535 6% 2,500 No par 15 20% Sep 11% Sep 4% 4% *4% 23% 18% 19% —No par preferred 22 33% July 4% 5 23% 26'A *516 6% 8 cuin pfd 1947 serics_No par cumulative pfd No par 57% S;p Sep 4% 18% 535 *516 *7% 93 26% Sep 65 540 6 Va 26% 18% *516 *6% 7% 50 Maytag Co common $3 6% 8 6% 25% 18% *7% 19'A No par May Dept Stores common 20 6% 26 18% *4% Co Chemical conv 6% 25 *22% — Corp Electric 400 39,400 8 8 *7% 1 coin Martin-Parry Corp 87 14% Oct 81 *7% 100 5 2 89% Dec (conv) 14 % Mar 4 42 23 80'A Corp common 18% Mar 20 10 15% Mar 12 22% 80% 8 6.25 16 33% Jan 51 23 80% preferred 20 % Feb 13% 22% 1 preferred 49'A Apr 113 Jun 12% 80% 5 14 Sep 12% 23'A Exploration Midland 4'A% 12 23 *7% No par 10 V Jan x22 % Nov 9 12% 80% Shirt 12% Jun 14% Jan 79 88% Mar 12 80'A No par Bros 4'A% 43 130 23 V2 Munati Sugar Co Marshall Field & Co 7% 42% *127 80 50 Marine 7% 43% 130 23 Marathon Corp 27 % July 12'A 7% *42% *127 80'A 10 Oil 11% 43% 133 23'A Mahoning Coal RR Co Maraeaibo Jan U% 8 43% *128 23 ._———1 Mandel 133 *80 (The)— Manhattan 42% 42% *128 No par Magma Copper Magnavox Co 43'A 133 100 No par Co Inc com preferred series A Square Garden Magic Chef 9 21 21% Oct II) (R 4'A% 6 6% Sep Oct Macy Apr 16% Sep 85 *128 11% 5 8 8 y8 8'% *42 % 100 Madison 32 17 17 5 common—10 — Mack Trucks Inc 22% Jan 28 Nov Forbes Si preferred 6% 15 12% Jan 23 Working Co 15 29 % Jan 13 8 M Sep 2 % Apr May Si 15% Sep 24 22 Jan 23 87% Mar 27 16 21 24 Mar 24 7% Oct 5 22% Nov ll> 18 23 May 7% Aug 25 7% Oct 7% Oct 20 20% 20% 21l/8 20% 20% 20% 20% 20% 20% 4,600 59% 60 59% 60 58 % 59% 59 59 59'A 60 Va 3,900 27 27% 27% 27 % 27% 27% 27 Va 27% 8,500 —10 No par 27'A 27% 40 17 18 The Commercial and Financial (1582) • NEW YORK STOCK RECORD Range for Previous Year 1952 39 % Jan Range Since Jan. Lowest Highest Lowest 4 LOW AND STOCKS 1 46% Dec 1 NEW 31% Sep 22 7 STOCK YORK 46% Jan 7 Midland Steel Prod common 3 6 30% Jan 22 21% Oct 9 24% Mar 20 13% Feb 26 17% Nov 28 16% Jan 26 151/4 Oct 23 19% Dec 19 Minn 45% Feb 14 62 % Dec 18 Minneapolis-Honeywell 3 116% Dec 2 105 2 42 131 Va Jun 20" Oct 107 Mar 20 39 Apr 24 101i/2 Feb 25 139 48 % Jan 105 Jan 23 139 Feb Sep 14 21% July 10 19% Jc.r. 1 53% Feb 27 64 % Oct 9 % Sep Apr 16 22 ,6 1^6% Oct 22 50% Oct 20 11 94% 8% I 104 Jan 29 19% Jan 23 16 Oct 28 24% Jan 2 80 Nov 19 91% Jan 11 Oct 1 88 Jan 7 30% Jan 9 18% Oct 8 26 % Jan 2 39 17 33% Jun 17 32% Jan Dec 22 40% Mar 20 St $3.75 Oct 24% Sep 15 15% Oct 22 20% Jan 22 15% Sep 14 23% Mar 25 33% Oct 16 38% Dec 11 34% Jun 10 41% Mar 17 3% Oct 15 37 Mar 12 34% Mar 25 $5.50 1st 8% Feb 15 18 6% Mar 12 31 57% Sep 15 33% Sep 15 70% Aug 6 58 % Jan 23 12 31% Jan 7 24 12% Mar 4 14% Aug 0 13 Jan 5 15% Mar 25 Mojud 18% Jan 4 15% Sep 11 20% Mar 23 issued" Monarch 15 79 7% Mohawk RR 2 95% Jan 20 Monsanto 17% Sep 14 28% Mar 11 Montana-Dakota 19 25% Jun 10 32% Mar 25 Montana 2 Chemical 53% Sep 11% Sep 18 65% Mar 19 • 15 18% Apr 15 3 14% Jan 10 10% Sep 15 15 Morrell Aug 7 44% Oct 14 31 Jun 10 15% Apr 43 % Jan 32 Deo 31 23% Sep 14 34% Mar 18 25% Dec 15 22 % 18 Feb 22% May 1 20 i 11% Jun 5 49% Dec 19 106% Oct 6 18% May 1 42 »/4 Mar 13 48 Dec 24 25 Dec 8 29% Jan 25 13 % Jan 26 57% Jan 110 4 Nov 28 21% Dec 1 48 Aug 25 52% Feb 4 22% Dec 1 100% Dec Motor Wheel 27% Jan 27% Mar 16 Mueller 18 Sep 15 26% Mar 13 Jan 5 26% 25% 16% 37 5% 16% 17 36% 5% 37% 44% Apr 24 104% May 18 16% Sep 15 42% Aug 26 37 6 14% May 19 50 Jan 6 110% Mar 3 24% Feb 26 50 Feb 64% 66% 65% 36% 37% 36% *24% Jun 10 51 Feb 2 163/4 Sep 15 JB% Feb 18 18 74 Sep 15 1 28 Oct 6 4 11% Sep 16% Sep 14 *115% 49% *101% 12% 70% 50% 102% 12% 70% 19% *19 39 19% 39 *19V4 116 50 102% 12"% 71 19% 39% 16% 37 5% 66% 37% 24% *19% 20 3.300 21 7.000 10 2,000 64% 10 63 % 4,400 700 117 49% 12% 71 19 39% 50% *101% 12,100 102% 11 10% 18,100 270 *71 71% *18% 19% 400 39% 39'A 2,400 *19% 19% ; 20 25% 16% *24% 25% 26% 6,700 16"% 17 17% 5,700 36% 5% 37% 5% 37 37% 8,600 65% 66% 66 66% 7,700 36% 24% 65% 36% 25 % 16% 37 5% 66% 25% 16% 36% 5% 26 10% 71 18% 39Va 30 22 Ya 20"% ♦116 2,000 128% *21% 36% 24% 37% 24% 37% 37% 5,900 25% *5% 5% 4,600 300 25 24% 14% 24% 14% 14% 14% *14% 14% 14% 14% 14% 14% 1,600 18% 18% 18% 18% 18% 18% 18% 18 18% 2,900 5 *24% 83% 84% 83% 83% 82% 83% 82% 18% 82% 82% 823/4 5,800 5 19% 20 19% -20% 20% 20% 20 20% 20V2 20% 19.400 No par 28% 28% 28% 28% 28% 28% 29% 29% 29% 29% 7.700 No par 58% 58% 57% 58% 12,200 Co 57% 58 57% 57"% 56% 57% _12 12% 13 12% 13 12% 12% 12% 12% 12% 12% No par 11% 11% 11% 11% 11% 11% 11% 11% 11% 11% 1,500 *34% 35 34% 34% 34 34% 34% 34% 34 34% 2,100 10 24% 24% 25 25% 25 25 25 25% 25 25% Lines™ Corp___ / 8,400 1,500 Corp 5 22% 22% 22% 22% 22% 22'A 22% 22*% 22% 22% 900 Co 1 23% 23% 23% 23 % 23 % 23% 23% 24% 24% 24% 1 19 19% 19% 19% 19% 19% 19% 19% 19 19 3,100 3,900 Brass Murray Corp _5 *13% 1 common 47 100 of America com preferred Myers If IS) 116 *127 *127 128% 21% 22 21 21 9% 9% 63% 64% 116 116% 49% 50% *101% 102% 20 Co„ Murphy Co (G C) 4%% preferred 4% 20% 10% 63% 37% 37% No par Mfg Corp Munsingwear Inc 25 5% 100 Mullins 12 25% Inc Products 14 *19% Co & Motor 15 38% 19%. *126% 128% 21% 22 20% 21 9% 9% 63% 63% 22 37% 3 (John) Sep 39% pfd_100 Montgomery Ward & Co 21% Sep 38% 1 (The) Moore-McCormack Nov 14 *19 *19% 10 conv Utilities Co Power 12 Mar 19% —5 Tool 36 22% Jan 12% 71 37% Shares Oct. 23 Oct. 22 38 the Week Friday Thursday 1.25 30 23 12% *19 — Inc. Motorola 50 102% 70% 25 A 5% Machine 31% Dec 8 49% 100 Carpet Mills Co 28% Jun 18% Aug *114% 49% *101% 12% *70 com__No par series RR Pac 109% Jan 67% Jan 114% —_ preferred tMissouri 17 Sep 114 - ifeiioMiui.-Kan-Tex 26% Apr 16 65% Oct 22 16% Jan 2 21% Nov 10 63% 36% 8ales PRICES Oct. 21 128% 100 . 59% Dec 23 *127% 22 20% 127% 21% 20% SALE Wednesday 36% 10% Corp Mission Development Co_ Mississippi River Fuel Corp 67% Dec "35% 63% conv Mission 1», 36 63 *101% HIGH Oct. 20 1.50 Reg Minnesota Power & Light Co_No par 21 32% Mar 12 20% 10% Ry__No par Marie__No par preferred preferred—-. $1.50 2nd 16 Sep 21 21% Min & Mfg common___No par preferred No par Minneapolis-Moline Co common—,_1 10 16% Oct 20 82% Oct 30 S S 127 $4 Jan 4% Sep & preferred conv 21% Apr 24% Nov 50 Louis & St Paul wnen 25 Corp 36 Minn 22 10% Oct 69 Oil Minneapolis 5 23% Nov 5 1st preferred Midwest Oct. 100 10 Sop 125 % 0*t Tuesday Monday Par EXCHANGE Highest Chronicle...Monday, October 26, 1953 *106% 13% 13% 47% 47 106% 106% 13% *13% 13% 45% 45% *106% 47 106% 107% *13 45 *106% 13 13 500 45 13% 45% 2.400 •106% 107% 107% 50 10 & Bros 17% 17% 17% 17% 17% 17% 17% 17% 17% 173A 5,000 50 _____ 43% 43% *43% 44% 43% 43% 43% 43% *43% 44% 300 40 *38% 397/a 39 500 No par *39 40% 40 40 40 39 N 173/4 May 1 60% Feb 20 31% Apr 15 11% Oct 15 163/4 Oct 24 19 Apr 23 293/4 Apr 23 161% Jan 2 36 Aug 16% Jan 20% Jan 8 21 3 93/4 Jan 2 Nashville 15% Jan 8 National Airlines 21% Mar 9 National 25% Mar 20 National Aviation 38 National Biscuit 24 173 % Jan 8 10 Sep 14 51% July 22 13% Jan 2 28 61 Vn Mar 19 22 15 14 13% Feb 28 National 133/4 Jan 14 48% Jan 2 13% Dec 22 59% Mar 19 National National City 5 National Container Aug 31 20% Jun 23 18% Mar 27 15 Sep 21 19% Mar 27 60 Feb 136 18% *91% 22% May 20 94% Oct 13 19 94% 343/4 Oct National 33% 33% 33% 33% 33% 343A 171% 171% *139 141 9% 9% 26V8 26% 171 *139% 171% 1703/4 140% 9 26% 9 26% 27%' 27% 7 17% Sep 1 8 87 'A 9 31 July 40% Jan 26 9 34 % Sep 22 43 I 53 Jan 2 3o 313/4 Nov 22 35 Apr 15 91 May 20 19% Feb 23 3 353/4 Dec 23 90% Jan 4 24 3 27% July Jan 30 Jan 2 3 9% Oct 16 223/, Sep 25% Sep 15 37% Mar 19 Natl 21 323/4 Jan 8 National Shares Corp 40% Sep 253/4 Oct 14 52% Jan fi National 23 30% Jan 12 National 21 31 % Jan 8 National 25 89 Jan 6% National 13 6 293/4 May 20 4 % Jan 2 73/4 Apr 14 12% Jan 3 11 10% Jun 10 13% Feb 26 3 13% Jan 5 16 3/4 Apr 8 Mar 23 105 14% Sep Apr 29 85 % Jun 30 12% Jun 11 85 4 27 10% Apr 31 % Jun 21 Jan 18 Jun 73/4 Mar 106 8 38 Feb 93% Apr 33/4% Jan 20 Newmont 163/a Jan 29 Newport 75 7 13 Jan 66 36% Nov Oct 22 24 22% Aug 8 23% Dec 23 34% Feb 20 49% Dec 100% Jan <) 143/4 Apr 24 17 Jun 11 72% Mar 23 8 17% Sep 17 23% Mar 17 New 19 Sep 15 25% Jan 30 New 30 Sep 14 48% Jan 5 1013/4 jun 10 109% Mar 9 34 Jan 30 52 Apr 9 86 Oct, 10 350 May 14% Feb 2 13 I Oil Oct, 3 17% May 26 Air York 6% 17% July 13 New York 70 Jan 20 New 94 % Feb 9 80 92 Feb 9 $5 Mar 24 400 520 Jan 8 N Y & 34 Feb 18 N Y New 673 24 % Dec 23 46% Jan 2 63 % Nov 25 13% Dec 22 18% Jan 2 Sep 11 May 5 19% Jun 16 51 Sep 21 65% Feb 15% Jan 7 253/8 Oct 16 353/4 Sep 8 31% Sep 21 2 94 Apr 3 80 % Jun 11 92 24% Jan 2 28 Jun 6 24% Jun 10 28% Feb May 21 75 Apr 28 803/b Jan Nov 76 Jan 2 85 82 Jan 2 92 86% Jan 373/b Mar 23 Jan 22 York Harlem 5% Y State Jun 22 87 % Jan Jun 29 93% Jan Sep 14 15 Jan Noma Electric 1 16 Sep 15 203/4 Jan Nopco 2 8 41% Oct 6 53 Va Jan 25 8 % Sep 26% Apr 16 22% Jun 12 26 2 25 Dec 16 19 Jun 19 23 % Mar 24 North 17% Dec 8 15% Sep 15 20% Mar 19 North 87 83 July 59 16 Northern 2 Northern 29 52 Sep 14 13% Dec 16 11% Jun 16 78 84 Jan 5 5% '/o 2 Jan 3 110 Nov 94 102 90 % Dec 1 7- 67% 27% 27% 27% l83/8 18% 18 18'/a Louis 20 % 20% 33% 34% 20% 20% 333/8 33% Northern A 13 Northwest 20'/a 20% 19% 20% 37,600 333/4 33% 33% 33% 33% 3,900 220 62 50 *450 490 *400 480 *400 470 *400 470 *400 470 Co Hartford & Co_100 105 *103% 14% 143/4 105 233/4 25 25% 56% 573/a 57% 1 24% 24% 24% 33 14% 25% 100 series A *103% 14% 33% 105 143/4 *1033/4 143/4 105 *103% 14% 15% 1,200 110 50 25 25% 253/4 26% 57% 57% 57% 57% 57% 57% 57V2 1.50G! 24% 2 4 3/4 24 % 24% 25 25% 25% 3,400 33'A 33% 33% 33% 33% 89% *88% 26 26% 13,100 Corp— Gas Corp— 33% 89% 26% *79% 81 *88% 27 26% *80 33 89% *88% 88% 88 % 20 263/4 27 26% 27 27 27% 18,000 81 *80% 81 *80% 82 *80% 82 *86% 87 *85% 87 85% 85% 86% 86% *86% 87 100 *90% 91% 90% 90% 903/4 91 1 8% 9% 8% 8% 8% Co 2 913/8 90% 91% 270 8% 83/4 8% 83A 5,500 17% 17% 17% 17% 17% 900 43% 6.700 17% 17% common__25 Ry 17 43% 43% 43% 43% 43% 43% 43Va 43% 43% 25 *23% 24 23% 23% 23% 23% *23% 23% *23% 21 21% 21 21% 21 21'A 21 Vb 213/a 21% 17% 18 17% 18% 18 187A 18% 19 18% *84% 10 Aviation 1 Ry Co 84% 84% *84% 8534 »84% 85% 10 38% 38% 38% 387A 38% 39% 100 105% 105% 1057A 100 Gas 50 *17 55% 57 56% 59 % 58% 13 13% 13 13% 13 *86 86% 86% 86% 106 *105% 98 96% Co Ry Co (Minn)— 200 *90% 83/4 17 Co 6.900 89% 27 Corp Pwr 105 15% 24 500 21% 10,600 18% 37,000 85% 84% 84% 60 39% 39% 39% 5,200 106% 106% 106% 106% 940 60'A 58'A 59% 57% 59% 68,500 13% 13 13% 13 13% 10,800 *85% 86% 85% 85% 85% 85% 550 106% *105% 1063/8 96% *96% 97% *96% 106 106 106 39 5 Aircraft Inc Airlines 8 25% Jan 31 18 Oct 23 24% Jan 13 183/4 July la 27Jan zb 18% Sep lb 25 % Apr 9 Nuiwitm 22 34% Jun 10 393/4 Feb 2 Ohio Edison 1063/4 Aug 12 943A Apr 10 94 3A Jun 12 83 12 4.6% 20% 33% 83 100 14% Jan 20 *60% 100 15 1 *80 preferred 9% Sep 2,300 62 preferred Northrop 1,400 18% 83 $4.10 31 69% 277/a 18% *60% $4.80 163/4 Jan 68% *27% 18% *80 Jan 9 68 28 18% 62 101 11% Sep 68 273/4 18% 83 100 9 68% 28 *60% preferred 18% Mar 17 50 28 *67 *18% *80 $3.60 15 5,900 62 Mar 12 19 4,800 12% 81 Mar 19 12% Jun 42 62 87 89 3A Jun 41 *123/a 81 109 7 8,200 613/4 18 25 300 13% 893A 81 24 Nov 92% 13% 81 Apr 1.5% Jan 12% 300 89% 92 1. 89% 413A 12% 613/4 100% Jun 5 41% 91% 13% 20 33 Co— Common 30 133/a *32 5,700 No par Pacific States 14% Mar 12 91% *88 33 500 13% 13% No par Natural Jan Sep 67% 27% 5 *32 133/8 common Central 11% Apr 19 68 1 preferred N< 105 12% No par Western & 22 2 Jan . 12% Adjustment preferred 4634 Jan 10% Jan 82 11% _100 106% Oct 94% Mar 42 11% preferred 6 5 41 11% preferred 24 Feb 42 1 3.60% 34% Sep Jan 41% 89% 41% 3.90% 103% Oct 6 90% 13% *88% 12% 100 105% 14% American 19 13% 89% *105 *103% American 30 105% 5 100 Chemical 46% Jan 47% Dec 13% *32% 8 89 % Dec *105 *88% *88'A 87 7 *105 105 ^90% No par 79 17 105% 105 12% Electric & 3 35 % Mar 105% 100 1 preferred 100 Niagara Mhk Pwr Corp com.No par 3.40% preferred 100 12 753'4 Jan 15 5 par Haven 28 28 15 89% 41% RR 14% Sep 26% Apr Apr 2.000 15 Ya 5 preferred 98% Jun 15 11 *143A 5 pfd_100 10 $3.75 Norfolk 10% 15% 4% 91% 13% Common Jan 10% 14% 10% *143/4 *90% 133/a series Dock non-cum 2 Aug 19% Jan 5,400 10% 5 10% 5 103/4 4% 10% 14% 20 8% Apr 24 18% Oct 28 52 5 103/4 15 47A 103/4 *14% 90% 13% 89% York Shipbuilding Participating stock N Jan 85% Jan 10% 91% New x29 10% 32% City Omnibus Corp.No Preferred 5 23 6% 10% 32% St & preferred 14% May 1 59% Oct 13 6% 10% 33% Central Chic York 5 5% 10% 6 *32% Common— Dec, 73 5% 10% 10% *67 1,200 53A 10% 6% 100 16,000 120 112% 6% 33% Brake. 2,900 28% *32% preferred York 1,700 8.800 112% 12% : 26 24% 89% 28% 25% 24% *88% 28 Va 12% common 400 8,700 112% 12% Mining Corp 46% 45% 28 12% Pr & Lt Co 4% 46% 26% 24% 88% 3,500 *111 common.JNo par (J J) 46% 26 24% 88% 170 630 1,800 28% 127A Newport News Ship & Dry Dock Nev' 15 88% 12% Industries 4%% 233/4 Sep 26% 24 46% 26% 24% 883/4 110 12,800 112% 1 preferred Electric System 56 46 1,400 5,100 28 10% *10§ 46% 26% 24% 89% 1,700 49,500 *111 5% 100 141 34 34% *171 172 1403/4 1403A 8% 8% 25% 25% *27 28 1,800 28% 10% No par common l703/4 140% 8% 9.% 25% 26% 27% 27% 18% *94% 1,500 6,200 112% *111 5% 113 18% 91 91% 19% 19% 94% 94'A 34% 34% 171% 171 y4 141% 142% *8% 9 24% 25% 27% 27% 4,500 28 Ya 28'/a I . Co England 10% Sep 46% 26'A 24 *88% 1 -L-. Fibre 46% 26% 24% 89 94% , 5 Jersey 37% Aug 31 30 28 *109 28 1 New 1 July 22 Inc. Inc New 4 18% Nov 5 Inc 20% Feb 31% Dec 10 preferred 56% July 15 par 100 — Bros 113/4 Oct 1g *jNo Pa com Corp 45% Oct 20 66 46% 26 23% 89 common Natomas Co 2 8 10 , Vulcanized Newberry Co 14 % Mar 30 92% Jan *27% preferred™ Theatres Nesco 8 _No par 100 National Nehi 15% May 15 9 Co Tea 43A% 105% Sep 30 133/4 Sep 11 43% Jan 22 29 Cast-No par Co National 12 __1 Corp Sugar Ref conv Neisner Jan 1° Steel & Supply (The) 4.20% Sep 4% Sep Corp preferred National 10 8% Mar 97 Malleable Steel _100 Service Linen 4%% 116% May 20 16 100 144 % Jan 21 4 —5 common 9 24% Jan Jan Co 15 1043/4 Jan 16 Lead preferred A preferred B Feb 7 98% Mar 20 12 7% Apr 1093% July 31 5% Sep 18 11% Jan 84 8 22% Sep 86% Sep 23 27% Oct 21 Jan 7 30% Oct 85% Jan 172 132 30% Jun 7 18% 92 19% 95 July 6,400 16% 60% 12% 10% 56% 18% 92 19% 94% 98 % Oct 4,300 9% 193/a 16% 60"% 12"% 19% 18% 23 % 17% 9% 9% 19% 16% 60% 12% 18% 9% Jan 9% Jan 17% 9% 19% 16% 60% 123A *91% 4%% . 120 2,300 9% 18% common 593/a 123A 3,200 10% 56 A 19% 16% 60% 12% 91% 19Yb Prod Distillers 163A 3,800 9% 17% 18% conv 5,600 5,100 19'A 16% 60 12% 17% 91 % 19 94% 147% Apr 24 104% Jan 19% 16% 60 12% 18% 3 1 93/a 19% 16% 59% 12% 91 18% 94% 24 10 9V4 19% 16% 60% 12% *19 55% 17% 190 2,000 19 A 10% 56% 173A 173/4 29% Apr 22 93s 9,600 /4 22 A 34/a ^ 171'A 171 % 10% 56% 17% 90 18% *94 1551/4 Jun 6% Oct 9'A /* 21 10% 56% 17% 5 18 10% Feb . 171 pfd series of 1951 .__100 National Gypsum Co common _1 $4.50 preferred No par 29 13% Deo *170% 10% 56 170% 10% 32 % 12 A 18% 35 A 170% 171% National Jan 14 170% 10% 56 170% 10% 56% 17% Wi? 79% 32 35 A 3 Jun 23 25 1 ;_10 5 353/a 18% 8 33 Nov 1 22 35% f> 99% Jan 177 3% Oct 1 common 21% 35% *169% 10% 553/4 17% No par Inc. Co 21% 35 23 % Jan 15 11 Register. Lines 21 Va 22 % Jun 26 87 1 2 ' 8 20 Jan 22 A 18% 21% 35% 18 5 10 153/4 Jan 24 101 22 18% 213/a 35 Inc—1 15 Jan May 12 A 18% 31/a 12% Sep 16% Sep 7% Dec 25% Jan 12/2 18% 4 2 253/4 May 31 A 12/a 18% 17% Jan 24 165 31A 12 A 63% Aug 14 34% Jan 2 31 12% 18% 10 11 ()*% Jan J7 31A 12% 56% Jun lfi Jan 30% 12% 1 30 18% Jan 30% 123/a 79 A 80 % Dec 19% Oct 91 30/8 *^qi/8 «ni/ preferred National Cylinder Gas Co National Dairy Products National Department Stores 97 Sep Cash $1.25 80 ______—10 Corp Can 18% Aug 18 9 80 100 113/4 Jan 7 18 (9% common A Sep 15 14% Nov 25 13% Jan 17% 80% Corp Co 19 Xl03/B May 15 18% 80 -1 Fibres Automotive preferred 7% 18 79% — 1583A Jun 18 18% 79% 1 5 Louis St & Co.— Acme Sep Mar 19 18 100 Corp Chatt National 19% Sep 31 179% Jun 2 36% Mar 28 34 1 35 % Dec 123/4 Jan 83/4 Oct 49% Nov 23% Dec 993/4 Jan Nash-Kelvinator *105% *96 106 106% 106 98 *96% 106 98 80 50 1 15% 14% 15% 14% 15% 147A 15Ya common—10 93/4 9% 9% 97/3 93/4 93/4 g3/4 934 25 Inc 15'A *18% 18% 18% 18% 18% 18% 18% 18% 18 18% 1,500 2,50 20% 20 "A 20% 20% 20'A 20% 20 Va 20% 20 Va 20% 3.200 38 % 4,900 preferred rnarmacal Co 15 g5/8 15Ya 5,700 93/4 2,000 o 33% Jan 100 2 Jan 14 88% Jan 8 104% Ma/15 39% Dec 106 3A Nov 7 100 Jun May 18 97% Jun 50% Oct 6 60% 22 5TIo 12 106 Jan 2 4.40% 93% Jan 27 28 104 Mar 9 49% Jun 10 2 27% Dec 16 23% Jun 10 173A Mar 13 19% Dec 9 16% Sep 1 18% Jan 6 13 Oct 27 17% Jun 6 Sep 15 14% Feb 3 91 Dec 12 71% oep 23 95% Jan 9 Jan 108% Jun For footnotes «ee Daee 2 22 9 57% Aug 28 6 Mar 23 preferred preferred 4.56% preferred 4.44% Ohio 4Y2 % 38% 38% 38% 38% 38% 101% 101% 101 101% *101% 101% 101 101 y4 91 % 91 % *91 91% 91% *91 91% 50 *90% 91 Va 100 *105% 106% *106 107 100 Co *101% 102% *102 102% No par 101 38% * *91 38% 290 106 106 *106 107 *106 106% 370 102% 103 *102% 103% *102% 103 Ya 110 12,900 52% 53% 53 53% 52% 53 Ya 52 Y2 53 10 25% 25% 52 Y2 I 25% 53% 25% 255A 25% 25% 25% 25% 25% 20 *17Y2 17% >17Y2 17% 17Y2 17Y2 17% 17% *17% 18 Ya '500 1 9% 10 9% 9% 9% 10Y* 9% 10Ya 9% 93A 16,800 convertible preferred—..100 74Y2 75 75Y2 75 Ya 560 preferred Oliver 38% 100% 100 preferred Oil 38 100 — Oklahoma Gas & Elec Co 4% 12 common 3.90% 108% Feb Co Corp common com -r. >74 75 74Y2 75 75 76 { 2,700 Volume 178 Number 5267... The Commercial and Financial Chronicle (1583) NEW YORK STOCK RECORD Continued—Page 9 Range for Previous Year 1952 Lowest •a 12 SB Feb Jan 2 Feb Lowest 13% Aug 28 19 19 79 Range Since Jan. 1 Highest 8% Apr 4 13 3 41% Dec 19 23 37% Aug 31 45% Mar 25 23 28 42% Oct 11 Feb 20 Omnibus Otis Corp (The) Jan 2 Jan 6 Outlet 52 Jun 11 38 Sep 18 47% Jan 6 85% Jan 23 Owens-Corning 69% Jun 16 10% Oct SO 17% Jan 14 11% Jun 81% Dec 31 97% Jan 24 80% Aug 10 12% Dec 30 19% Jan 11 36% Mar 22 38% Dec 31 35 Oct 23 61 63 Oct 28 55% Jun 16 Mar 17 36 Mar 18 26% Jan 49 Dec 30 80% Dec 2 2 18 7% Oct 46 6 16% Jan 88 20 Mar 10 13% Jan 48 Pabco Giass cum 3 Pacific Coast Co Oct 15 67% Mar 16 80% Fab 20 2 1st preferred 2nd 12 39% Dec 9 34% Jun 10 40 Mar 17 Pacific Gas & 68% Dec 11 55% Jun 22 67 Oct 14 Pacific Oct 15 33% Oct 20 23 24 Mar 17 Pacific 119% Mar 10 Pacific 25 142% Jan 22 6% 8% Jan 28 Pacific Tin 47% Mar 31 Pacific Western Oil 145% May 19 8% Nov 21 4% Sep 15 26% Mar 15 22% Feb 20 9% Nov 7 8% Apr 16 6% Dec 12 2 7 8% Jan 4% Apr 30 Oct 16 9 83% Jan 10 69% Jan 12 9 OS 2 Jan 41 9% Jan 8 Sep 15 6% Jan 19 8% Sep 14 11% Feb 26 4 12 33 29 Apr 83% Dec 64% Oct Jan 2 100% Jun 13 8% Nov 17 9% Jan 14 81% July 16 30 y8 Mar 13 29 43 % Jan 16 ,91 Mar 2 1 May 13 5% Sep 24% Sep 15 15 52% May 25 88% Mar 25 98% Mar 2 10 2 Apr 30% Mar 27 Oct 28 24% Oct 13 34% Jan 41% Oct 30 68 Feb 15 30% Jun 30 44% Jan 33 16 88 Jan 26 33% Jun 16 Oct 6% Feb 15 8% Apr 6% Nov 24 18% Jan 7 6 Dec 23 8% Jan 29 18% Oct 20 20% Jan 2 35% Nov 31% May 28 Patino Jan Peabody 29 10% Oct 20 18 Jan 17 34? Oct 72% Dec 9 Dec 19 14% Aug 7 33% Jan 15 33 Dec 22 36% Oct 23 10 Aug 10 65% Mar 19 Parmelee 5% 37% Aug 19 29% Aug 13 21% Aug 10 16% Dec 99 19% Jan 19 30% Oct 30 42% Jan 106% Sep 29 25 S3 Apr 22% Jan 2 26 117% Jan 2 91% Jun 41% Dec 31 17 33% Dec 15 2 Jan 25 2 103% Jan 93 16% Sep 3 May 29 Sep 17% Sep 112 21 July 28 23 3 5 82 y* Jan s 15% May 21 47% Oct 15 105 Jan 30 21% Mar 6 20 2 43 y* Feb 5 32% Jan ig 20% Jun 25 % Mar 17 6% 5,000 27% 8,200 26% 26% 26% 26% *25 % 25% 25 25 34 V8 34% 343/a 34% 333/4. Co 34% 35 35 34% 34% *343/a 7 7 7 7 7% 7% 7 7 5 43A 4% 43/4 4% 4% 43A 3,900 3% 3 3% 3 3% 3 3 Vs 5,700 —__2.50 No par *34 «7 5 preferred 7% 4% *4% 3% 25 4% 3% 3% 12 12 % 10 3/8 No par 11% 35% 36 36 No par 29 29 26 Va 27% 26'/a *24 3/4 253/4 *24 % 34% 33% 34% 33% 34'A 35 343/4 343A 11% 25 3/4. 200 8,200 400 900 22 29% x21 Va 11 3/8 11% 11% 36 *21% 25 11 26% 25% *25 • :_5 common 26% ' - *35% 3(5% 36% 363/4 *36% 36% 500 29% *28% 29% *28% 29% 29% 29'A 300 21% *20% 21% *20% 21% 21 21 220 12 5,500 Co No par Penn Coal & Coke Corp lo Penn-Dixie Cement Corp 7 Penna Glass Sand Corp com—____1 5 % preferred 100 Penn Power 34'A 32 105 Light Co—No par Pennsylvania RR i 50 Pennsylvania Salt Mfg. Co 10 Peoples Drug Stores Inc 5 Peoples Gas Light & Coke 100 Peoria & Eastern Ry Pepsi-Cola Co_ Milk Pet 4%% Co Corp of America— Brewing (Chas) 2nd & Co Inc com Corp Electric Co 12.50 common___No par $1 conv preference 33 33% 333/4 *104 34% 34% 33% 36 37 500 105% 1053/4 105 3A 10 343A 34% 34% 343/a 34% 34% 34% 4,800 19% 20 193/a 19% 19% 19% 19% 19% 28,500 43% 2,700 44% 43% 30% *30 132% 133 *29% 12% *46 *100'A 5 100 33% 105% 34% 30 % 19 17 1 (conv) 3A 32 *104 34% 43% 5 preferred Phelps-Dodge Phila Co 32 32 20 132% No par ___100 34 105% 19% 33%c common 33 *30% 105 34 100 preferred Petroleum 4 % Co 35 *30% *103% & 33% *103 • 31 19 12% *46 *19 17 *293/4 133 32 *29% 13 123/4 47% 100% *46 101 34 42% 30% *29% 303/4 133 % 133'A 1323/4 133 *29% 313/4 *29% 31 31% 12% 47% 17% 101% 19% 19% 17 34% 104 43% 133 1013/4 19% 16% 34% 105 43 31 *29% 13 % 46% 100% 433/4 133% 333/4 105 1033/4 17% 34 12% *46 *1013A 19 16% 33% 103% *102 43% 423% *30 13 30% 123/4 47% 12% 22,100 46% 46 1021% 100 1,300 200 *1013/4 16% 60 19% 19 1023A 19% 500 16% 33% *102 1,700 34 y8 16% 34% 103 12,600 103 260 31% 32% 32% 33% 33 33% 33 33% 33 31% 333A 18,200 31% 313A 32 31% 31% 3l3A 32 31% 31% 5,400 22% 1,800 22 96% Jun 10 *92% 93% 93% 100 93% *103% 104 % *103% 104% *103% 100 104% *103% 105% *103% 105 % *106% 107% 106% 106% Reading Coal & Iron! 1 Corp common 3 3%% preferred series A 100 Philip Morris & Co Ltd common 5 107% 107% *1063/4 108 *107% 108 10% 10% 10% 10% 10% 10% 10% 103/4 10% 10% 6,400 30% 30 % 30% 82% 30% 30% 30% 30 Va 303/a 29% 303/8 6,000 83% *82% 8 July 7 Feb 107% Oct 8% Sep May 26 90% Jun 1 65 101 2ft 15 Dec 31 18% Jan 27 27 17 92% Jun 1 98 30 48% Sep 15 12 Jan 39 Mar 5 Aug 23 19 32 21 37% Jan 95 July 22 19 Jan 29 19% Dec 24 5 101 29 May 18 Jan 14 2 6 22% Mar 27 106% May 22 106% May 22 14 110% Jan 21 34% Oct 1 37% Jan 29 19 Sep 15 86 Oct 6 95% Feb 13 82 Oct 22 91 Oct 1 106% Jan 46 May 1 29% Jan 8 94 Feb 17 28 80 Oct 23 97 Jan 7 Nov 26 41% Sep 15 69% Feb 3 17% Jan 14 11 62 24 Sep 15 142 Feb 21 158 Aug 18 148% Apr 21 162 Sep 3 161 Jan 4 165 Aug 25 153% Jun 11 165 Feb 6 42% Mar 17 16% Mar 18 56% Dec 12 44 Sep 18 27 10% Jan 21 7 Sep 15 9% Feb 68% Mar 16 26 Oct 16 25% Jan 21 12% Sep 15 21% Jan 5 70% Oct 30 85 17 60 21 73% Feb 27 88 23 80 18 Jan 17 Jan 25% Dec 17 23 145 Aug 27 34% July 9 63 Sep Sep 17% Sep 21 15 75 Mar 20 25% Mar 18 146 Jan 9 Apr 27 18 Sep 14 31 % Jan 2 14 98 86 preferred & Philco 4% 3.9% series 150 Hosiery Pillsbury Mills Inc C Pitts Coke $5 C & St 7% preferred 5%% 1st 14 2 55'A Feb 24 35% Sep 28 13% Oct 13 46% Feb 3 Pond 22 17% Jan 29 19 13 Jan 14% Jan 7 18% Dec 16 Jun 8 9% Oct 16 13% Jan 15 81% Sep 82% May 9 35% Dec 7% Sep 34% Jan 8 69% Dec 11% Oct 8 17% Jan May 13 8 59% July 1 9% Sep 15 80 Oct 21 86 % Jan 1 31% Nov 26 26% Jun 5 8 34% Dec 10 29% Jun 18 23 2 8 87 May 18 26% Dec 11 5%% Plough Poor Creek & 27% Nov"l8 27% Aug 6 103% Nov 20 109 16 1 preferred 4%% Procter Publicker 33 3 Mar 11 36% Feb 4 & $4.75 Bolt pfd 1 common 148 35% Jan 4 25% Aug 31 30% Mar Jun 18 131% Jun 17 6 20% Sep 15 48% 48% 7% 7% 14% 62 49% 49 7% 7% 14% 62% *62 63 *62 63 70 67 *66% 67 *66'/q 67 100 *20 20% 66% *20 66% *66% 20% 20% 20% 90% 90% 90 11% *11 *11 20% *148% 20% 20% 143/4 90 20% 90 11% *11% 243A 252/4 25% 25% 25% 36 36% 36 36 353/4 36 *353/4 36% *353/4 14% 14% 14 14 3/8 17% 17% 17% 37 37 No par 5 64% 65 10% 10% 80% 80'A *80% 9 9% 8% *37 37% *37 37% 37 64 3/a 65 10% 10% 103/4 11% 643/4 65 1,700 17'A 2,500 8% 6,000 ' 37% 200 65 % 65 % 653/4 65% 4,000 10% 11 10% 11 9,500 81 80 80 31% 31 31% 4,800 343/4 34% 7,700 *37 * 813A 83 823A 823/4 84 ♦83% 25% *243A 25 25 25% 25% 25% *25 25% 500 25 *26 3/8 26% *26% 26% 26% 26% 21* 263A 1,600 Pub Serv $1.40 Pure 5% El & div Gas 1 No par com preference com—No par preferred 100 preferred Inc (The) conv Co (The) 105% 36% 25 3A 25% 98 105% 37 No par 45% 46% 100 common preferred Oats *96 No par cum Oil 25% 25% 100 1083/4 108% 25% 25% 25% *26% 25% *96% *105 - 36% 46 108% 25% 105 3/8 . 1 26 253A 25% 26% 25% 26% *963/4 98 97% 97% *105% 107 *105% 106% 600 36 3A 37 36% 36% 5,700 1053/a 3634 105% 37 46% 453/a 45% 1083A *108% 108 3/4 45 108% 28 27% 28% 28 145 *144 147 *143% 1453/4 *1433i 21 21 21 21 21 21 29% Jan 6 18 79 Jan 2 4% Jan 8 4% Jan Radio Corp of America com—No par $3.50 1st preferred No par RKO Pictures Corp 1 11 3% Sep 15 4% Apr 1 RKO 21 Theatres Corp Ralston Purina Co 3%% Raybestos-Manhattan 1 pfd 100 No par 28 27% 19,800 253A 26 98 21 27% 26 10 25% 144 5 263A 120 *963A 98 37 26 Va *83 100 com preferred 15 47% Mar 26 14'A 17% 9% 100 700 83 Jun 94% Oct 36% 400 4,700 *2434 2% Oct 14 26 14 17% 9 37 X . 113A 1,200 *813/4 21% Aug 31 26 90 11% 24% 93/a 68 Feb 90 90 11% 24% 300 — 20% 25% 14% 8 86 — 20 3/a 24% 17% 9 35% Sep 20 20 *148% 203/4 9% 4% Oct 48 14% *148 5/a 20% 14% 81% Dec 97% July 18 14% 17% 18 2 3,200 14% 62% 93/a 3% Jun 6 6,500 15 14 3/a 29% Nov 25 40% Mar 7% 143/4 7 4.500 25 6% 88% Jan 7% 60 50 3/a 493A 63 91 11% 7 49% 161 14% 20% 90% 7% 493/a *160 *62% *148% 20% 49% 17% 9 161 9% 2 22, 160 *160 17% 14 page *1583/4 161 1 Jan see 160 *160 14 3/a 8% Nov For footnotes 1,900 *158% Quaker State Oil Refining Corp__10 25% Jan Aug 29 13% 1583A 133/a 160 161 100 Quaker 146% Feb 27% Feb 133/a 158 3A 13 y4 *158% *160 10 100 preferred Colo preferred 4.90% preferred Pullman IB 1,600 161 No par com preferred 44% 34% 84% 20 17 com preferred series A—50 Inc 13% 44 3,300 34% 43% Jan 34% Dec Co Gamble Industries 13 44 43% 813A 31 4.70% 28% Apr 138% Jan Power 13 44 80 158% 14% *11 43% 80 *80% *80 6 4 7% *12% % 81 34% 4.08% 2 44 82 31% 6 64% Jan 44 44% 82 *80 80% Jan 109% Mar 82 20% 343/8 109% Jan 2 82% *80 20% 31% 18 14 *82 82 No par 10 B 4.32% Jun 82% 105 3/a 20% 80 3% % 42% Sep 1,800 *105 20% 343/4 2 103 21% 21% *105 203/4 31% 15 28 21% 20 81 35% Sep 23 21% 21 34% 101% Jun Apr 21% 21% *105 20% 31 5 20 20% 21% 31% 22 24 390 34% Oct 27% Feb 98% 3434 Jan 27'A Jan 98% 31% 27 102 98 % 10 26 4 *97% Indiana—No par. 3 9 98% of 15 22 *97% of Sep Jun 97% Co Jun 92 1,400 97% Co 11 69% Jan ___1 Car Co Inc cum Jun 24% Jun 200 32% *105 62 14,600 10'A *32% 20% 13 533/8 10% 32% *80 158% 53 11% 32 % *81% *12% 523/4 *10% 83 44% 52 11% 32% Serv 21 110 100 52% 32% 83 48 No par *10 % *82 *160 No par 100 A 51% 11 32% *81 10 com prior 20% 53% *32% Serv 73 24% Jun 52% 11 11 32% Public 22 83% Feb 53% 32% 95 Public Nov 106% Aug 11 class conv 15 20 82% Jan 52'/a *10 100 5 Electric 15% Jan 43% Jan 39% Mar 20 Co 68'A Jan 25 2 Co Pocahontas Pressed Steel 7 97 5 Potomac May 26 *95 21% preferred conv 19% Mar 23 39 *243A 97 21 Inc 11% May 7 26 *95 *105 Plymouth Oil Co July 30 *243/4 20% 12% Jan 200 *94% 26 20% 34% Apr 95 943A 97 *148% 14 95 *94 % Pittsburgh & West Virginia 100 Pittsburgh Young & Ash pfd___100 15 300 *95 66% Sep 10% Sep 10,800 97% *24% __100 class 23% Sep 52 Va 97% 95 com__No par (The) 150 50% 97% 26 *66% Co 83% 51% 51 97 Co Coal 60 *963/8 *95 100 Pittston 200 *24% preferred—_No par (conv) No par series 50 97 26 25 Pittsburgh Plate Glass Co 5% *82 % 108 *94 97 RR Pittsburgh Screw & Pittsburgh Steel Co 97% 22% *107 95 *93% 98 guaranteed 5P/4 22% 107% *24% Pittsburgh Forgings Co 1 Pitts Ft Wayne & Chic Ry com__100 Feb" 14 12% *94 98 Consolidation 37 % Mar 15 3 16 95 No par 2 L preferred *94 ___5 Chem convertible $4.80 Pitts 97 83% 51% 51% 97 *82% *96% 51% 97% No par common Inc & 82% 51% *97 22'A *107 _100 preferred Pitts 83% 22% 107 No par com __ $4 51% 22 107 _100 preferred Pitney-Bowes *81% 22% 106 100 preferred Phoenix 10% Oct 5 16% Apr 5 preferred 4.68% Phila com Phillips Jones Corp 5% preferred Phillips Petroleum Jan 4 Sep 23 4.3% 69% Mar 25 8 102% Apr o Mar 13 Jan 98% Jan Dec 4 72 5% 6 106 20 23 83% Jan 5% 93% Jan 3 5% 6 22 98 20 66% Oct 30 5% 53/4 4,900 J 06 64% Dec July 29 3 97% 21% 98% May 10 13% Mar 15 102% Jan 97% *92% 20% Feb 13 2 97% *105% 12 2 *96 % 100 46% Jan 92% Jan 97% 100 91 24% Jan *96% No par 8 34% Jan 97% preferred 3 Jan *96% 6 preferred May Sep 97% 6 4.4% Dec 81 683/4 3.8% 52 26 *96'A 68% 46 2 101 80 673A *45 5 42% May 15 93% Jan 12 36% May 28% Apr 67% 46 Jan 3 Dec 68 Va *45 Jan 14 16 68 99 X8°/4 Jan 40% Oct 16,800 68% 10P 87% Jan 11% Jan 23,700 83/4 8% 46% 67% 1 common prior 9 83/4 9 *45 68% 1 Enterprises Telep 8% 46% 67% 111 36% Jan 88% Oct & 9% 20,900 4'/a No par Corp Co Co % 8% 4 1 11 31 *45 31% *8% , 24 28 Jan 46% *45 30% 4% jun 21 25% Apr 8 Jun Apr 30% Apr 9% 99 27% Sep 129 8% 8% 4 86 80 Oct *8% 4% 3,000 6 4 12 17 31% 8% 4% 660 400 5 24 12 Oct 30% *8% 4% 114% 138 5 Oct 108% Mar Apr 8 30% 8% 4% Corp_ Distillers Proof (J C) Pfizer 34% Oct 108'A Jan 36% Nov 14% Dec 30% *8% 4'A 30 _1 Ford Pfeiffer 90 Nov 30% 8% 4% Corp common_4 preferred 19% Mar 2B 3 110 31% *8% No par 114 *137% 5,100 Oct 2 9% Dec 5 • 343A 37 107 % Feb 2 S3% Jun 113% 137% 5 250 63% Jan 98 113% 136'A 5 4% 30% 1,500 36% Jan 48% Feb 113% 136 % 5 5,500 15% Jan" 94 4% 12 18 104 96% Feb 113% 136% 5 723A 29% Sep 21 28% Jun 16 24 113 % 136% 4% 99% Jun 17 *103% Jan 8 May 15 8 15 112% 137 112% *136% 1 Corp 11% 47% Mar 11 38% Aug 21 113 1,900 72% 32% May 27 148% Mar 16 2 3,000 24 % 11% 14 22 33% 24% 72% 15 44% Jan 33% 24% 11% Sep 105% Apr 23% Jan 33% 24% 72% Sep 2 33% 24% 11% 28 18 33% 24% 11% 127 22 33% 24% 11% 5 Jan 33% 23% 113/4 18 19% Oct 33% 24 12% 23% Jan 88% Nov 6,000 33 % 24 100 com 72% ii 101 14,300 66% 12'/8 18 15 38 % 663/a 27% 10 10% Jan 2,300 38 66 3A 27% 23 30 28% 38% 66 3A 28% Dec 11% Dec 28% 38 66% 28 Va 27 20 28 38% 66% 28% 72% 17% Feb 8% Feb 28 38% 66% *27% 72 % 39 % Mar 19 11 27% 38% 66%' 28% 72% 14 28% Sep 27% 38 67 *27% 72% 35% Mar 18 15 27% 38 66% Penney 2 Aug 27% 37% 28% 10 84% Apr 130 *27% Jun 40% Feb 47 28% Jun 145 30 *46 *27% 27 8 60 47 28% 30% Jun 6 *58 *46 *27 V8 101 14 60 47 28% 5 Nov *58 *46 *27 % 11 Feb 60 46 28% 11 39% Dec *58 46 27% 28% 29% Jan 31 60 47 *27% 72'A 33% Dec *124 50 *58 46% *27% 15 15 2,400 * 25 Sep 40% Jun 35 preferred 108% Feb 23 35 $1.30 8 67% Jan 90 73A Aug 10 4 29 14% 81 7% 36 27 28 Oct *35 25 Jan 46 133/4 81 7% preferred 30% Sep Sep $1 6,300 14 7% $1.32 36% Feb 24 & Peninsular 1,900 27% Aug 11 73% May 27 14% Apr 23 10 Penick 74i/2 81% 13% *80 10 5,800 74% 25 Transportation conv 74% 46'A *27% 100 & Coal 36 2,900 82 451/4 58 Corp Mines *35 73% 403A 40% *80 Ay 10 Tilford Rust 36 42% 00 4fi3/« 8 36 37 8 100 Pictures Davis 8% Apr 27 106 & 6 27% Aug 11 Park 13% 81% 8 con " No par Car Oil 1$% *80 8 42% ~ 3,600 58 No par Motor Paramount 21 5 *36 qo 4.600 No par No par Consolidated Panhandle 21 Jan 10 preferred Parker 8% Jan 13% 8% 42% 46V, ?4%74% 81% par Oct 15 13% 81% World Airways Inc 1 Pan-American Petrol & Transp_„_5 Panhandle East Pipe L com No Parke 39% Jan 13% 8 Amer 4% 46'A ?4%75% * 82 preferred 3 21 30 Pan 41 *80 46% 13% preferred 4% 75 41% 82 46% 81% 5 Mills Packard 41% 680 46% - 12% 41% 10 Telep & Teleg 6% Sep 4% Sep 28% Aug 10 83% Oct 7 75 415A 80 Shares 123/a 41% 33% 5 2 44% 100 Corp 22 16 x80 Electric Lighting 23% Oct 6% Jan 193/ 5 the Week Oct. 23 Av "When issued" 110% Sep 129% Jun 17% Oct 191/ Av No par noncum 26 30 19a/,. 403/! Corp 35% July 14 120% Nov 12V, 40% Inc noncum Finance 17 24% Oct 123/« 40% common preferred Pacific 12% 40% Corp com Sales for Friday Oct. 22 12% 12.50 Fisheries 73% Mar 26 Oct. 21 40% preferred Amer 32% Jun 108% Apr 1S2 Jan Inc conv Pacific Mar Tuesday Oct. 20 12% 41 Co 8 25% Jun 33 Fiberglas Products 4% ^ H*GH SALE PRICES Wednesday Thursday m 39% ---2-50 Co Owens-Illinois 60 Apr & No par 83 24 16 Mar 12 a Oct. 19 5 No par Marine 69 V« Sep 81 Par Par common Elevator 21 41% Apr 79% Oct *f EXCHAN™ EXCHANGE Aug 30 Dec JoRK^TOPK NEW Highest 9% Mar 453/4 45 3A 108 3/4 *108 % 28% 145 21 47 V~» O cc £ 4,400 60 16,700 600 5,200 28 3/a 28 3/a 1443/4 144 3A 30 21% 1,800 26,300 21 23JA 23% 233/a 23% 23% 233'a 23% 23% 23% 23% *72'A 731/4 723A 73 73 73% 74 743A •74% 75'A 2% 2% 2% 3 2% 3 2% 3 2% 3 6,500 3% 3% 3% 3% 3% 3% 3% 3% 3% 3% 2,800 ♦94% 95% •94 % 953A 30 38% 38 3A 39% 39 % 1,000 ♦94 363A 95 94% 94% 94 3/4 94% 363/4 37% 37% 38 38 1,200 19 Commercial and Financial Chronicle... Monday, October 26, 1953 The 20 (1584) Continued—Page 10 NEW YORK STOCK RECORD STOCKS Range for Previous Range Since Jan. 1 Lowest Highest Year iy:»2 Highest Lowest 1 24% May 22 Sep 14 35% Jan 4 30 31 July 20 34% J»n 367/a Sep 9% Sep 15 12% Dec 25% Feb 4 34 % Dec 20 41 '/a Dec 30% Jan 11% Feb 30 5% Dec 10 Jan 7 25 8% Oct 52% Sep 17% Oct 6 37% Oct 16 1674 16% 16% 16% 16.74 12 !/a 1274 12 74 1274 12 Va 12% d Reliable 16 54% Apr 14% Jan 19 19% Feb 21 14 Sep 97 14 $t 3 11% Juu 31 Va Apr 7 38% Oct 2 5% Feb 13 0% Apr Jan 16 14 4% Sep 21 22 56 8 Oct 28 53 y2 Jan 25 80'A Jun 5 Dec 30 99 Vb Jun 5 12 22 lA Sep 43% Sep 14 27Va Dec 10 5% May 13 7% Sep 5 19 9 8% Oct 27% Mar 18% Dec 16 29% Jan 2 13 Va Sep 35% Dec 17 48% Jan 23 27% Oct 21 44% Mar 10 2 19% Dec 4 16% Sep 15 21% Mar Roan 5%% 14 25% Aug 22% Oct 7 35 Va Jun 23 40% Feb 18 Rochester 19% Oct Nov 25 40 33% Jan I,16 6 20% Oct 22 Rockwell Rolim 110 May 1 155 Jan 22 Nov 3 103 Apr 92 18% Feb 23 IS 24% Jan „ Apr 24 140 Oct 22 Jun 115 *99 2 100 Jun Inc 93 95 20% 20% 21% 11,700 23% 23% 23% 23% 24% 23% 24'A 23% 24% 11.200 Controls 29 Gas Co Haas J; Art Mclal Works Inc 10% Jan 13 Ronson 15'AOct 6 22% Jan 30 Royal 65% July 15 30 61% Apr 7 10% Apr 17 17% July 18 50% Sep 12% Oct 20 17% Mar 23 Ruppert (Jacob) 29% Tel) 29 35% Nov 28 32% Jan 23 38% Aug 11 Sarewuy Stolen common Oct 9 99 '/2 Feb 21 81 Jun 12 92% Mar 10 99% Sep 10 107'/2 Nov 26 103 Feb 26 115% Aug 10 6% Sep 43 V* Jan 54' Feb 37% Dec 23 x60% Feb 27 7 29 19 23% Sep 6 17 30% Oct 16% Jun 23 22% Apr 14 33% Jan Ruberoid 4% 5 30 77'/a Feb 30 61 Sep 14 312 Dec 3 211 Sep 15 312 Jan 5 7 175 Dec 5 150 May 26 160 Sep 14 C 17% Sep 15 May 29 Dec 31 91% Sep 9 9 97 11 17'/a Jun 24'A Feb 4 24 21 27 14 Sep 17 18'A Jan 2 11 Vb Sep 21 29 33 Va Jan 2 20 Sep 15 11 Sep 15 28 6 59 Dec 10; 54 Jan 16 66% Oct 21 85% Jun 1 91% Jan 105% Jun 30 98 Jun 18 35 % Jan 30 26% Oct 2 Feb 89 Vn Apr 13 20 81 % Jun Scott $4 86% Feb 2 Feb 17% Jail 12 7ft Oct May 21 68% Jun 15 79% Jan 14 » 15 25 Mar 11 102 Aug 18 1 24% Dec 13 16% Sep 29 62% Dec 29 3.35% (The) preferred Sep Seagrave 26% Mar 27 Seeger 15 12 Va Mar 12 25 13% Dec 29 14% Feb 82% Nov 26 Oct 16 42% Jnn 28 10%'Sep 23% July 31 29% Jan 8 29 «5% Feb 27 Mar 87 Oct Oct 9 18 32 30 x8% Feb 33 13 7 Sep 15 20 43% Mar 18 15 11% Mar 25 Shattuck(Frank G) 26% Feb Sheaffer 15 17 24 76% Aug 3 Shell 17% Jan 8 Shellcr 5 Sheraton 20 Simmons 17 Vb Dec 23 13% Sep 15 2 15 Dec 23 11% Sep 15 May 27 16% Mar 34' (W Oil 32 July 7 28% Sep 15 18 49 Jan 18 36% Sep 21 43% Mar 20 6 48 July 16 30% Sep 33% Oct 11 43% Mar 20 Sinclair 14 42 23% Sep 29 37 32% Mar 3 38% July 24 Jan Aug Jan 17% Mar 12 8% Sep 11 Nov 20 66 y2 Mar 22 38% Oct 21 58% Mar 63% Nov 20 80% Apr 7 42% Oct 15 70% Feb 11% Oct 83 15 19% Aug 27 22% Apr 3 16% July 15 15% Sep 32% Oct 15 16% May 2 124% May 7 40% Jan 25 21% Jan 30' 14 143 Sep 2 18 % Jun 37% Jan 21% Mar 20 18 140% Mar 13 6% Dec 12 9 12% Dec 10 11% Jan 2 17 52 Dec 23 47 Oct 7 60% Dec 16 69 Jan 14 39% Sep 21 4% Sep 14 5 Solar Gold 27 South Amer Mar 26 South Carolina E & 53% Feb 3 May 6 42% Jan 16 33% July 2 40 Apr 14 38% Nov 20 33 V2 Jun 9 39% Mar 16 Southern G California 2 16% Nov 19 13% Sep 15 16 % Feb Southern Co 21% Apr 22 26 Dec 16 22% Jun Nov 10 30 Dec 23 23 28 47% Dec 23 Jun 27% Feb 24 South 5 33% Feb 10 Southern 66 Jan 11% Oct ft Aug 6 Oct 100 49% Mar 18 South'n 11 49% May 20 40 May 21 Gas & Gas C'o (Del) 12% Jan 6 15'/a May 25 29 4% Sep 15 7% Mar 17 Spalding (A G) & Bros Inc Sparks Withingl, 011 Co 9% Jan 17 4% Sep 15 7% Mar 25 Spear &* Co common 62 Feb 23 99% Jan 9 17% July 18 103 Oct 2 44 Feb 18 2 52% Jan 19 May 16 98% Feb 2 July Dec 9 19 57% Jan 103 26% Jan 31% May 1 7% Nov 16 45% Dec 63% Nov 73 18 26 7 12 10% Jan 3 Jun 13 34 % Dec 8 105 16 3 Spencer 59% May 14 4.50% conv 4.60% Oct 19 14 49 Vb Mar 20 14 9% Mar 19 67% Mar 23 19% Jan 31% Jan 5 6 22% Jan 2 28% Dec 60% Jan 2 92% Apr 3 Feb 11 12% Jan 2 18% Oct 23 12% Sep 15 17% Jan 6 3 18% Nov 26 10% Sep 15 20% Mar 16 For footnotes see 11 page 22 25 Sep 80% May 15 5 29% Mar 18 91 16% 54 Va *54 13% 12% 13 13 38% 38% 38% 38 Va *89% 90% *90% 114% 114% 32% 32% tr 2nd - 120 ,113% 2,200 3434 5,900 34% 34 7,000 38 34 18% 18 Va 18% 18% 18 74 800 25% 2574 25% 257a 25% 25% 10,600 64% 64% 64% 65 64 64% 1,700 *232 250 168%, *130 .168% ' 20%' 20 93 93% 30 23% 23% 23% 23',4 23 V* 500 12 Va 12 Va 12'/a 12 12 Vb 800 22% 22 % 22 % 223/a 22% 22 3 a 12,700 11% 11% 11% 11% 11% 11% 9,500 65% 65% 65 % 66% 66% 6674 6,300 23 23% 12 12 12% 22% 22% 11% 11% 65 65% 87 87% 104 *87% *102% 104 27% 27% 27% 27% 27% 84% 84% *84% 85 Vi *84% 102% 102% 103 % 17% 17 *102% 104 88% 103% 10 2,100 273/s 27% 27% 85% 84% 34% 104 *102% 40% *17 17% 17 *75 76% *75 4 OVa 40% 23% 23% 23% 23% *100'/a 101% *100% *76% 78 -s *76 413/s 24 101% 78 150 *87% *102% 76% *75 77%., 77 88% 104 *93 17 17 101 % ♦100 34,700 93 *23 87% 20% 20% 93% *93 104 168% 20V4 20% 20% 93% 87 250 *230 *130 20% *93 *102% , *130 250 168% *230 250 *230 *130 *1874 30 104 40 17 1,700 76 % 42% 13,100 2374 2374 3,900 100 Va 100 Vs 413/a *77 10 78% 300 14 14 13% 13% 13% 13% 13% 13% 56% 14% 56% 1,400 56% 56% 5674 56% 56% 5674 56% 8,100 21% 21 21% 21 21 21% 21% 9% 9% *21 7% 7% 7% 63 9% 7% 9% 9% 9% 9% 1,600 77ij 7'/a 73/8 7 Va 7% 15,900 62% 62% 62 Va 62% 3674 36% 3674 37% 3,000 35 35 34% 35 6.700 % 8% 8% 8% 8% 25 24% 24% 24% 24% *2434 72% 71% 72 72 72-% 72% 14% 14% 14% 14% 12% 12% 12% 12 % 8% 71% 8% *14% 12 14% 900 12 Va 3,400 2,700 29% 29% 29% 29% 29% 39% *38% 39% *38% 383/4 3874 3874 100 33% 33% 33% 33% 33% 34% 21,200 34% 34 34% 34 V* 34% 34% 35% 10,100 27% 29%. 27% 27% 27 27% 27% 27% 4,600 9% 10,800 *38% 33 y« 33%- 34% 26% 39 38% 38% 3874 40% 43% 43% 43% 43% 43% 46 18 »18 Va 18% 18 Va 18 Va 18 Va 18% 18% 16% 33 *16% X1574 5 .1 8% 8% 93/4 16% 16% 163/s 16% 32% 33 323/8 33 17 130 5% • 5% 14 13% 14 87/a 8% 16% 16% *122 8% 33 32% 17 200 2974 *38% 127 5% 1,600 12,600 12 Va 14% 8% 40 43% 32% 731% 2974 8% *38% *43 *16% 874 25 1,070 12% 14% 34% 26% 18 500 9% 34% 26% 10 16% 5% 13% *48 *48% 49% 42 35 41% 41% 35 35 36% 3674 36% 36% 36% 5 14% 15 14% 14% 14% Vzj 40% *34 *24% 163/4 16% 128 *122 49% 42 35 *120 5% 5% 163/4 128 5 3/8 9 Va 40% *46 3274 16% *120 5 Va 41 48 490 200 1874 400 16 800 3374 1674 37,400 2,300 130 5% 14 11.400 13,100 1374 137a 49% 48% 483/4 *4874 49% 100 41% *41% 41 Va 41% 41% 1,100 35 Va *34 35% 35Vs 300 13% 137/a 3674 36% 363/4 1474 15 1474 15 *243/, 25 25 25 36% 36% 1474 25 *34 4.800 17,300 600 No par *24% 25 24% -24% 26% 27 26% 27% 27 27 Va 27 V8 27% 27 Va 27% 10,300 38% 39 Va 38% 39 38% 39 Va 16,300 42% 413/4 42 Va 41% 42 Va 15,700 37% 37% 39% 39% 41% 42% 41% 37% 37% *37% *13% 5% 1 50 39% 42% 37% *5% - *101 54% *56% 1 13% 5% 6V'8 106 547/s 57% 101 101 13 13 % 43% 44% - No par 24%,^24% 267^/27 No par com 87% _5 1 Co.No par 5% 5% 5% 5% *101 54% 106 • 55 56% 56% *100 101 13% 13 44% 44 6 5% *78 13 5% 5% *101 54 % *56% *100% 13 43% 5% 38 *37 Va 38 80 *78 80 13 Va *12 3/4 13% 5% 5% *5% 5% 106 54% 57% 101 13 Va 44% 6 Va *101 *54 Va * 534 6V0 106 54%' *73 12% *574 *5% *101 5434 56 % 57% *56% 100 % 100 Va *100% 1274 43% 574 600 80 1274 1,200 5% 800 6 300 106 55 57%. 101 1,800 100 90 13 1234 12% 4,400 44 Vs 42% 4.3% 10,000 6 6 6 5,000 340 57 57% *56% 57 56 Va 56% 58 74 56% 24% 25 % 24% 25 *24% 247i 24% 25 3,600 27% 26% 27% 26% 27 Va 267a 27 4,100 87% 87 Va 88 88 88 83% 89 14% 14% 14% 14 % 14% 1414 1474 3,500 11% 3,200 * 27 87% 87 % 14% \14% 14% 11% 11% 11% 13 Va 13 6 57 80 *78 80 *78 ' No par' 1 6 38% 41% 37% - 100 100 Electric 89% 113% 64% -25 .-. & 89% 114 18% 71% 14% 14% 12% 12% 29%. 29% *37% 38% 33 '33% 100 100 common Co_ Gas 34% 8% Standard Coil Products Co Inc Standard 37% 90% 90 % *24% preferred Inc 38 Va 37 74 300 * 6 Brands 1,500 113% 8% ctfs $3.50 preferred 3,200 12% 26 % 11% 57 Standard 16'% 54 12% 18% 101 % 77 2 D 16 54 13 Va 64% 7 6 Va (stamped)_No par Square 16 % 25% 41% Sperry Corp (The) Spiegel Inc common pfd 3,900 54% 91 25% 72% No par Co 7'A 7'/a 26 76% 1 $4.50 38% 32% 300 98 *95% 7% 16 Vb *12% 114 114 98 1,300 4.200 145 65 Spencer Kellogg & Sons Conv 16% 39% 20% 20% *140 54 55 12% *24% preferred 101 5 Va Sep 21% Aug 31 sllc prelerred Chemical Apr 14 Sep 22 Ohio 56% Aug 12% Sep 35% Sep 53 $5.50 16% 54 35% No par 6% Jan 49 16% 16% 55 V/b 24 7.50 Elec 4 103 % 7% *23% *39% 20% 140 *95% 98 7% 40 20% 140 34% Co 28 16 7% 7% 20% 138 *95% 98 *95 7% 39% 20% *135 35% —_ 23) 21 98 20% 140 35 Edison 17 & *39% 39% 39% 20% ♦135% 23% - Railway common—No par non-cum preferred —50 Mobile 39% 39% 20% 137 13% 29 2 23% *48% Jan 80% Oct *23% 50 Dec Mar 30 23% com_4.50 Co 16 73 *23 Va 17 76 Feb 10% Jan 5% 2,600 23% *100% 77 *13% 56% Southern 21 1,600 18 *23'A 24 41 25 Natural Pacific 27% 18 *119 18 38 Va Apr 28% Feb 15 Sep 36% Sep 16 36 Vb Sep 38 38% Oct 27'A 17% *75 15 (The) Indiana 27% 17% 35% preferred 11 27% 17% 23% South Porto Rico Sugar cotn_No par 8% 27 '/a 17% 34% *8'% ' 12% Jan 2 27 Vb 17% 37 Platinum & 38 13 27% 17% pfd—100 preferred' 34 Jan 27 % 17% 1 May 5% 13% 27 % 41 —5 Solvay American Corp 4% IS1 1 13% 63 Inc_ 53 7% Feb 13% 36% Co Aircraft 13% *61% Socony Vacuum Oil Co Inc 14 13% 23Vb 25 Smith-Douglass Co 18 13% 40% No par 1 400 13% *75 No par Inc 9,200 5,000 13% 65 65 *87% 88 *102% 104 27% 27% *84% 85% *101 102% *16% 17% (Alexander) Inc common—20 Smith-Corona 8% 13% 11% No par 6 4,700 23 y2 8 Vb 250 175 19% 20% 93 93 *22% 23 12 12 22 22% Smith Sep Jun 8% Jan 7 21% Mar 49% 23% 8 Vb 37% : 4,600 48% 23% 8'/a 63 preferred 25% 48% 8 Vb 25% 1 preferred 290 8 Vb 89 90% 114% 114% 32 32% 18% 18% (A 4.20% 25 Vs 600 8% 38% Oil 3'%% 88% 104 8'A ♦37 —___ *103% 8% 37% new 88% 25% 48 *12% Smith 4 23 16% No par Corp 88 103% *22% 48 23 55 Skelly 27 47'% 23 Vs 7% 5 25 47% 23'% *95 8= 14% Sep 121 5 45% Jan 4% Feb 17% Feb 47% 62% America 87% 62 *56 25 Vb 25% 25 Va 62 103% 23 39% 15 1 Steel & Co 104 47% 20% 1- Corp O) 24% 104 25% 24% 87% *87 Va 88 l^t 1UJ *56 37 Co Co Saw *87 Va 88 103 62 62% Corp Oil 1,000 8.100 *56 62 *56 62 137 No par ?. Pen Corp of Simonds 38% Oct 5% 47% 21% 9% Corp Mfg x38% Nov 28 A) 5% 47% *23% No par 8% Sep 6 5% 47% 17% _1 Sharon Steel Corp 2,600 49 5% 47% *20% 9% 7% Shamrock Oil & Gas 20 48% 5% 47'% 13% 5 1 $4.50 preferred 14 Apr 24% Sep 62% Apr 2 13% July 10% Jan 80 42 Va May 49 5% 47% ? Servel Inc common Mar 13 62 48% 5% 47% 27% 5 Seiberling Rubber Co 35% Sep 47'A *5% 47% 1 11 8% Sep Dec / 5 47'A 5% No par 2074 Sep 29 43 48 Vb 600 8% > Refrigerator Co 31 14% Jan 20 47% 6% 47% 65 i 23% Dec 7% Feb 48% 23 1 18 31% Feb 6% 47% No par ' 9% Oct 27 68 38% 6% 24 No par & Co Roebuck 37% 6% *87% 40 Corp Bears 3 37% 6'A 103 i—100 Oil Co of Del 60% Feb 1 17 37 Vb 6% *56 preferred-No par Seaboard 37% 6% 5% 100 5 com— — fund 36% 6% *232 *130 Seaboard Air Line RR Co sink 36% 48 Vb Seaboard Finance Co common^ $5.75 % 47% 25 KM) t preferred conv preferred- i lft%Jan 27,100 No par No par 17% Mar 24 13 2 10 12% Feb 90% Feb Oct 56% Apr 3 preferred prelerred Aug 13 90 6 72 103% Apr 15 9,900 6% No par Paper Co common 3.65% 45% July 31 21% Sep 99% Aug 24 86 4 19% Jan 38% —15c «j» Scranton Elec Co 15 Vb Jun 10 Corp. 4.30% 3 29 110 Arms Corp Scovill Mfg Co common 12 36% Sep 75% Jan 38%' *111 112 OVa 36 5 100 —10 : 5 1.40 Paper Co common Schenley Industries Inc 28 3 16% Oct 2 14% Jan 111% 100 $3.40 31% Jan 19 Jun Feb 105 30 98 29 116'AJan 30 111% 100 Ry Co preferred noncum Savage 6 Oct 111% 100 5% A Louis Sou I,h western Schering 23 Apr •5 111% 100 series A Sangamo Electric Co M*r 23 94 103 111% 3 1st pfd 4.40% 6 Jan 17 1 30 110% Co common—No par F R.y St Regis 13 Jan •7% Oct 30 102% Oct 23 29% Oct H2 % 10 Light & Power—-No par Joseph 5% 7 15% Mar Nov 49% May *110% Joseph Lead Co L San St 23% Mar 25 95% Apr 23% Oct 13 19,000 .—10 Preferred series Dec 8; Oct Mar 400 47% 5 — preferred conv St 2 75 Feb 150 18% Jan 10% 46 y2 .—No par preferred St Aug 26' (The) Co 4%% St 205 x88 10% 47 Va -1 24 3 2 35% Oct 10% 46% 1 —— 29 29 Jan 84 10% 47% 20 Typewriter 9% Dec 3,300 10% 46% 100 19% Oct 54 3y8 *10% 5 common 3 Va 10% 47 Va 25 preferred series A 3% 1 0 '/a 46% 1 4% 3 10% 47% com—1 Co Axle 3 600 10 VB Corp_—No par L'I & Spring & * 3 3 3 3 3 1 46% * —20 common Va 23 —100 preferred conv 9,500 92 20% preferred series A——50 4.50% 15% 70 92 10 series Robertshaw-Fulton 3 14% 90'% Corp—— Mills Robbins 3 15 21'A Ritter Company Oct Oil 14% 14% 90 y* 1 -No par —_—.—No par Antelope Copper Mines—— Richfield 15% 15% 15 58 20% Manufacturing Co Rlieem 5 23 14 16% May 4.50% 9 6 Vb Apr 5 Prelerred Jan 65 26% Jan 22 Preferred 3.60% 5 Jan 29% Mar 18 14 9 Jan 5 90% Jan 107 *56% 21 'A ; -10 series——100 Common 58% July 21 27 92'/» Apr 56% 91 Inc—2.50 Reynolds Metals Co com—-No par Reynolds Spring Co V Reynolds (RJ) Tob class B .—10 10 Aug 56'% 20% Rexall Drug 9% Mar 20 49 68 *89% Copper & Brass—.—No par Revere 22 22 700 *50'/2 21 No par prior pld series A__100 conv 200 10% 91 Republic Steel Corp com 6% 27% 10% 14% preferred convertible 200 5 *26% 10% 20% Republic Aviation Corp———_—1 Republic Pictures common —50c 4% May 18 17 9% Sep 5 28 10% *88% 27 Mar 18 5% 27 10% 50c 25 common Inc.. Reo Motors *56% 58 *4% 3 27 1 Remington-Rand $4.50 preferred 2 23 Jan *53% 4% 4% 26% *10 58 10 15 23% May 25 18 2% Sep 1 62 y2 Jun Aug 14 19% Jan 12 Conv 37 10 26% "26 10% 10% . 5% *4% 5% Reliance Mfg Co 29 Stores • 27% *26 No par common———5 pfd 3%% series 100 Corp™ 26 13% Sep 74% July div 31% Feb 12 33 & Co— prior preference™.*.. 10 (Robt) $1.25 7% Mar 20 7 23 42% Sep 23% Mar 2 16 Dec 14 2,700 *16% 25% Oct 22% Mar 23 15% Jan 52% Mar 17 27 800 12% par _50e 6- 6 15 115% Mar 17 Nov 167a 12% *24% 40% Jan 24 16% 25 % 14 53% Feb 16'/a 12 74 *24 % 10 47 16% 12 25% 40% Sep 107 25 74 *24 % 2 3 *24 % 25% 30 5 100 25% *24 74 10% Jan 2 1,400 37 V2 33% -5 Sep 1,800 *33% *37 , 7.900 13,400 27% 37 67'/a Jan Jan 10 27% 33% 21 40% Jan 27% *3274 23 85 27 27% 38 84 43 Va Dec 27 33% July 29 101% Jan 27'/a *37 Oct 2 2774 *32% 6% Oct 32% Jan 27 33% 6% Jan 48 27 38 108% Jun 35 32 74 974 *3274 3 16 32 10 *37 31 24 5 32% 9% 38 Jan 28 % Jun 317a 10 Vb .50 47% Doc 108% Jun 31% 9% 337) Sep 9% Sep 10% Mar 29 115 3174 10% *37 4% Oct 19 11 5 % Jan 10 31% 10 *32% 25 2 Nov 22'/a Nov 3% Nov 31% 10% .—50 16 98% Dec 9% Jun 31% 10% .—50 24 21 'A Jan 19 13% Jan 7 24% 317a 4% 12 10% July 3 58 Jan 26 3 .—25 preferred $2 - Reis 19 18% Jan 2674 4% 16 Va Oct 7% Jan 16 90% Feb 25% 6 Mar 36 14 12 Vb Jan 26 30 % July 24 23 257) 5 1 17% Jun 28 25% 41 Va Feb 8 July 22 4 13% Oct 257) 8 32% Sep 13 % Jan 11 18 ys Jan 25 VB 33% Jan 19 35 % Dec 15 257a 9 26 Va Oct 9 Shares 25 36 % May 12 22 Feb 36 the Week Friday Oct. 28 25% 14% Mar 18 Sep 35 8 Oct. 22 5 15 24 Sales for Thursday Oct. 21 25 5 33% Dec HIGH SALE PRICES Wednesday Oc t. -id Oct. 19 Par EXCHANGE 19 AND Tuesday Monday STOCK YORK NEW , Dec 37 LOW • 11% 11% 11% 11% 11% 11% 270 Volume 178 Number 5267 The Commercial and Financial ... Chronigle: (1585) NEW YORK STOCK RECORD Range for Previous STOCKS Year 15)52 Lou est 50% Jan 3 70% Oct 16 NEW Highest 59% Jan 5 Standard Oil of California—No par 50% 50% 50 50% 50%: Standard Oil of Indiana 25 67% 68 67% 15 67% 67% 78% J&11 5 Standard Oil of 15 69% 70% 70% 70% 70 70% 33% 34 Sep 21 38% Jan 5 10 100% Sep 18 94 May 11 100% Jan 12 30 15% Jan 5 10 8 May"2 45 Nov 13% Mar 24 17 July Sep % Sep 17 12'A May 11 Stanley 40'A Feb 5 45% Mar 27 14 17% May 25 35% Aug 12 Sterchi 43% Jan 23 98 Apr 30 32% Oct 29 44% J an 8 25% Oct 1 22% Dec 30 16% Sep t4% Nov 10 13% Oct 23 17% Sep 16% Jun 10 8 21 87 4 Jun 24 5 t»'/2 Oct 6 24 «A Apr 3 15 22% Jan 28 24'A Jun % Dec 18 26% Apr 8% Sep 29 Oct 20 18 July 7 16 23% Sep 30 3 19% Sep 16 11% Jan 18 570 Apr 14 66 Sep 6% Oct 520 15 14 May 12 * 10% Mar 13 99 Feb 2 82% Jan J17 5 Jan 6 21% Mar 25 24% Jail 26% 25% 25% 25% 25% Corp 5 '19% 19% 19% 19% 14% 14% 14 14% 1,300 12% 12% 11% 18% 12% 18% 2,700 18 18'A 18% 18% 18% 18% 18% 1,200 23 23% 23% 223A 22% 22% 23 4,300 23% 23% 23% 24 23% 24% 23% 26 44,900 31 30% 30% 30"% 31% 31% 31% 5% prior preference 20 130 Superior Jun 18 110% Mar 27 24 14% Dec 15 12% Jan 13 35% Jan 22 35% Jan 2 17% May 6 39% Mar 18 2 41% Dec 4 29 % Sep 21 Aug 25 78 Sep 30 Dec 4 97% Jun 16 7% Jan 21 15'A Nov 28 9% Dec 16 46% Dec 23 , "Sep 4% common--——No par Sutherland 30 89 'A preferred 2nd pfd 40 Jan 5 86 May 22 111% Jan 5 15 7% Feb 25 Steel 4.40% Oct Sylvania 86 Jan 8 32% Jan 24 Elec Prod 10% Nov 15% 15% 900 38% 39% 6,200 32% 10,000 Symington Inc Texas Pucilic Coal & Pacific Land 7 29 43% Feb 14 10 Nov 25 10 14% Jan 26 Nov % Nov 8% Jan 42'A May 91% Jan 12% Feb 7 15 12% Mar Textron 21 17 % Jan 11 11 15% Feb 8 9% Oct 1 59% Dec 16 9 98% July 3 9 16% Oct 23 22% Nov 18 13% Jan 8 Jan 10 15% Jan 3 3 41 % 8 14 44 27 Aug 3 2 3% Jan 28 29 % Mar 27 19% Oct 27% Mar 25 2 35% Sep 46% Jan 15 11% Jun 13% Mar 25 23% Sep 14 23% Jan 3 12% Sep 14 28 7 17% Oct 7 17% Dec 9 112% Dec 15 13% Sep 106% Jun 27% Mar 12 May 5 29% Mar 19 20% Feb 25 25 Feb 2 15 17% Jan 27 24 112% Aug 7 4% Tide Water Corp 19 47% Feb 25 24% Jan 30 47% Aug 25 60% Dec 10 49 Sep 25 69 % Jan 10% Oct 27 14% Dec 16 13% Jan 2 19% Mar 25 12% Dec 9 11% Jan 15 15 Jun 8 Twin 45 Jun 8 11 35% Sep 25 7 5% Sep 15 9% Mar 20 5 11% '36% '8% Corp_No par 7% '40 1% 106% 113 106% '112 44% 8 108 115 44 44 % Truax-Traer Coal Co series | '! 55 54% 55% 20,000 37% 38 38 39% 10,800 851/4 • 85% 85% 85% 5% 5% 5% 5% 2,900 33% 34% 34 35% 8,700 110 112% 11,200 3,900 A 111 '110 114 '108% 45 44"% 44% 113 44% 4,500 4,000 7% 7% 7% 7% 7% 7% 7% 14% 14% 14% 14 % 14% 14% 600 11% 12 12 11% 11% '11% 11% 12 12 »/8 2,600 37 37 37 37% 37'A 36% 36% '36% 37% 50 8% 8% '8% 9% '8% 9% 100 7% 1,600 9% '8% 7% 7% 41 '40 1% 9'A 7% 41 1% 1% 9% '9% 9% 47% 46% 47% '91% Oil 108% 45 14% '9% *1% 108% 114 44% 7% 46% 20% 107 '110% 14% 14% 5 com— com—No par 20th Century Fox Film 8% July 15 Dec 7% 92 '91% 2 20% '1% •r 92 2 '7% '40 1% 9% 47 '91% 7% 7% 41 7% '40 1% 9% 1% 19% 19% 19% '19% 41 '1% 700 2% 9% 9% 9% 200 48% '91% 92 1% 19% '40 2% 48 48% '7% 41 '1% '9% 47% 48% 4,400 92 '91% 1% 1%. 92 1% 20 '19% 100 900 1% 200 20 10 20% 20% 20% 20% 20% 20%. 20% 20% 20% 21% No par 36% 37% 37% 37% 37% 37% 37% 37% 37% 37% 4,500 12 12% 12 12% 12 12% 12 12% 12 12% 3,600 25% 25% 25% 26% 26% 26% 13,300 13% 14 13% 13% 13% 13% '18% 19 % 18% 18% 200 15% 15 15% 16,400 5 25% 1 No 18 12% Jan 44 common 15% Sep 38 106 >108 13% 16% Sep 31 341/4 '18% 42% Jun 22 33% 2 4 Jan 541/e 34% 5 15 7% Dec 54% 34% Inc. 15 29 54 34% Steel—No par 21'A Feb 15% par 109% 1 common (conv) 50 Tung-Sol Electric Co common 5% 54% 5% 14% Bearing (The)- 44% Feb 30 2,100 5% No par preferred Conv 2,100 39% 5% Co Williams Preferred 15% 39 5% No par 21% Dec 30 100 15 39% —15 16% Aug 25 20% Jan 14% 15% 39 5% — 40% May 19 15 14% 15 100 Tri-Continental $6 14% 15 5% 1 Associated & 14% 38% preferred—50 Transainerlca Corp Trans World Airlines Transue *14% 50 39 % 85% —No par Transit Roller Edison 6,300 15 37% 1 preference Timken 5% 39 85 preferred Toledo 1,200 5% 15 38 50c Thompson-Starrett Co $3.50 82% 100'A 5% 4% 82% 100% 40 85 3A common (J R) 82% IOO1/4 100 14% 85 34 32% 110 39% 53% No par Co *14% 32% 81% 109 15 37% 100 preference convertible 14% *14% 31% '108 39% 38% No par preferred- Avenue 4% 54 Ry Co Co Thompson Products Inc Jan 7 $2.50 JTliird 4% 85% 10 Fair Thermoid 4% 4% 32% 37% Thatcher Glass Mfg Co common The 99% 84% common $2.40 conv 82% 99% 109 Trust— Thompson 97% Jan 1% Sep 18% Oct 24% July Inc conv '81% 10 Oil 61% Mar 26 12% Dec 49 $1.25 Pacific 53% 14% 31% 82% 1 14% Mar 12 88% Jan July 28 Feb 3 % Sep July 28 4. Mar 26 9 % Jan Jun 31 6 20 12% Jan 1% Jan *21% Jan 105 Ul.iliLies 39 5 32 % 100 No par certificates & Sep 40 share Sub Texas 8% Oct 1 39% Oct 23 4% 25 Texas 14% Mar 10 15 17 *10% Jail 100 1 Producing Co Sulphur 9 42 Jun 18 . 23 11% Aug 31 Feb Oct.22 '81% 99% Co 47% Mar 19 36 Jan 25 18 Sep 4 Jun 2 22 7% Sep 14 48 22'A Jun 82% 99% (Jumes) 24 35% Dec 8 31% '81% No par Corp 42% Feb 7 41 31% No par prd (conv) Gould Corp Inc 2 10% Oct _7.50 com cum Instruments Mar 108 15% Texas 15% Feb 108% 107 39Vb 15 18% Feb 108 107 38% 5% Oct 18% Jan 1,600 2,900 '15% 6 17 16% 30 '108% Gulf 14 16% 29% 15% Gulf 31 17 29% 39 Texas 12% Oct 17 29% 108% Texas 15% Nov 17 29% Texas 138 100 16% 29% 15 1 15 2,600 38% 5 10 800 7% 16% 58 Sep 68% 580 14% 54% Apr 37 % Jan '565 100 200 39'A 110% Jan 103 580 26,500 21% 31 Inc 2 19 7% 7% '565 16% 24 14% 21 30 '68 68% 7% 7% 21% 39 Jan 135 68 68% 575 16 '23% 21% 230 15% Sep Jan 16% 24 10 115 30 *14 165 7 % 16 '23% '21% 21% 114% 5,400 16% *14% 6 68 575 114% 1,800 77" 29% 8 Oct 7 580 16% 23% 76% 2,700 8% 94 17 5 101 68% 7 >560 16 23% '21 76 '113% 114% '90 29 3 195 % Mar 28 '68% 7 76 94 16% Telautograph Corp 14 .68% 575 76 8% 8% ~ 39 84 'A Dec 6% 8% '90 38% 34 46'A Nov 68% Tennessee 30% Sep 16% 8% 94 '14% 49% Sep 12 16 '90 25 31 46% Jan 16% 24 Talcott 5 '113% 113% 21% 15% Mar 25 Jan 113% 114% '23% 16% Aug 13 3 47% Mar 18 75% '21 5 14 75% 21%. 20 Sep 75 24 J an 33 75% '23% >560 8% 92 '21 8% Jan 14 8% 92 28% 100 29 Dec 16 8% 94 (The)—4.16% preferred $4.40 74 '113% 8% 223A 1.000 5 preferred 37 16 25 Co & $4 10c common Sweets Co of America Swill 12.50 8% '92 '30% '18 19 50 Co Texas 128 1 25 1950—20 Corp Paper 60% Jan 116% July 14 Oct" 16~ 100 ser 5% Oct 32% 1 common Oil Corp common 20 10% Jan 115 Sun ray -. 24 preferred-—No par 4'%% 20 Oct 30% Oct 14 Co A 18% 31% Sunshine Biscuits Inc.. 122% 100 Oil Class A 23% 23% 31% Sunshine Mining Co Superior Oil of California 15 24 series 23% 1 No par 27 14 112% Nov Corp Corp Chemical Corp $4.50 Sun No par Q!) 13'A Sep Jan Sun Webster & 10% Jul! 25 8,200 14% 71% Apr 26 Aug 25% 12% conv 7 100 25% 12% preferred series A Aug 26 92% 14% Co 5%% 635 26% '92 '18% Fuller 4%% 26 15 93% ?6 27'A Jan 16 '91% 23% Mar 26 26 'A 16 92'A 18% Stone 24 27% Oct 92% 92% 26 200 14% 9 30 50% Oct 92'A '91 15 43% 12% 28% Jun Oct 100'A Apr '91% 100 Co Inc & 10% 43% 14% 6 14 11 16 13 3,700 10% 43'A 12% 18% Oct Sep 70% Dec 4% Mar 11 35% 1,800 14,700 10% „ 12% 1 22'A Apr 13% Jan 35% Sunbeam 110 34% May 19 35% Studebaker 15 May 1 5% Oct 23 35% 10% 14% 5 % Feb 81 % Jan 35% 9"% 10% 19% 2 119 102 400 35% 10 10% 14% 43% Feb 8 32 'A May 14% 35% 10% 12% 35% Jan 114'A Jan 2 14% 35% 9% '43 10% 19% 10 69% Sep 102% Jan 14% 35% & 21 92 19 '14% 35% 10% 5 Baer 21% Sep 29 1 14% 5 common 10% Stokely-Van Camp Inc common—1 26% Jun 27 17 43% 14% P) 14 94% Jan Oct 43% 14% Inc^ preferred (J 20% Sep 101 % Jun May 44% '14% Stix 3 8% Oct '42% 14% Stewart-Warner 4 490 9% 44 14% 2 Apr 79% Jan 100 '42% 2 31 '96 No par 1 Stores 17% Feb 21 ,7,500 34% 100 9% 23% Feb July 34% 34% *96 11,800 9% 7 16 % 31,600 9% 15 15% Mar 11 ' , 99 11,400 71% 5 14 10% Jan 63 Stevens *96 68% 70% Corp Oct 35% Dec 22 3%% 2 33% 99 67% 70% 51 10% 10% Sep 14 17 96 14 36% Jan 33% *96 68 70 34% 50% 10% Drug Inc 30% Aug 6 40% Dec 31 26 'A May 20 8% Nov 94% Jan 6 33% 99 67% , 50% 10% Bros Sterling 32% *96 Shares 50'A (The) L S Starrett Co 13% Sep 32% Jan 22 Feb _100 the Week Oct. 23 —1 Warner 3 2 common—10 Stand Ry equip Mfg Co 28 31 Ohio of 13% Mar 26 Dec 18 Oil preferred series A 14 91 21 3%% Jersey Sep 32'A Oct % Standard New Friday Oct. 22 69% 85 Sales for Thursday ... 50% 2 Jan 31% Feb Oct. 21 81% Jan 11% Oct Jan SALE PRICES Wednesday 15 67 23 HIGH AND Oct. 20 21 31 16% Nov Tuesday Oct. 19 65% Sep 25 8'/« May Par 49'A Sep 22 * Monday . Mar 15 Jan 3G% ^ July 23 47% Jan 94 STOCK 92 23 35% Oct YORK EXCHANGE ... 64 % Oct 16 72 Range Since Jan. 1 Lowest Highest Continued—Page 11 LOW 1 series of 1952—- 50 25% 14% 19 15% 110 . 25% 14 '18% 15 109% 25% 14 19% '18% 15'A 14% 15 109% 110 110 16% 16% 16% 45% 43 43 18% 18% 18% 18%, 52 52 16% '43 '51 52 16% '42% 18 '51 19% 15 16,800 4,100 109% 16% 110 45 '42% 45 '42% 45 100 18 '18 18'A '18 18% 500 51% '51 51% '51 51% 50 16% 110 16% 16% 970 110 1,500 16% 1 14% 14% 14% 14% 14% 14% 14% 16 16% 17% 42,200 City Rap Transit com—No par '12% 12% 12% 12% 12% 12% 12% 12% 12% 12% 900 50 '36% 37% '36% 37% 37 37% 37% 37% 37% 37% 700 1 6% 6% 6% 6% 6% 6% 6% 6% 6% 6% 700 5%> Twin conv new— prior preferred— Coach Co u Oct 18 15% Feb 2 10% Sep 14 14% Feb 2 47% Oct 30 56% Feb 4 33 % Oct 16 55% Jan 15 11% Jun 3 6 8% Oct 2 13% Jan 8 Union Asbestos 2 38% Sep 15 49% Mar 20 Union Bag & Paper Corp.— 30 61 % Jun 16 72% Feb 2 Union Carbide 15 19% Jun 16 9 Union Elec Co of Mo common 30 98 12 43% Jun 26 34% Aug 50 Jan 57 Feb 27 72 % Dec 23 Dec 30 24% Dec Jan 93 2 111 May 104 9 98 83% Jan 25 Jan 15 94 35% Oct 16 Apr July 31 91% Jun 5 Apr 21 104 45% July 9 121 % Mar 31 24 % Mar Udyllte Corp Underwood 88 78% Jun 3 87% Jan 8 Preferred $3.50 series *83 84 *83 84 *83% 84 6 Preferred $4 No par *98% 100% 98% 98% 98% 98% 25 40% 40% 40% 40% 40% 40% 104% 104% 104% 105% 90 Jun 37 % Jun 100 18 10 100 Jan 44% Aug 13 115% Jan 5 Union 15 United 33% Jan 2 21% Sep 15 88 Sep 15 Sep 15 33% Sep 21 100 July 21 6 32% Mar 25 104% Jan 37% Feb 107 Jan 30 4 21 17 17% Feb 57% Oct 17 26% Nov 12 70 % Mar 19 48% Sep 15 61% Jan 5 33% Feb 11 25% Sep 23 31% Feb 11 4% Apr 25 3% Apr 22 6 Feb 7 4% Jan 2 5% Nov 19 Oct 21 69% July 9 5% Mar 21 10% 74 Feb 11 Feb 8 15% Dec 22 21% Jan 15 14% Oct 22 18 47 May 7 13% Jun 67 16 Jan 2 4% Jun 23 5% Feb 24 49 16% Mar 20 4% Feb 86 10 Sep 30 72% Mar 13 14 1% Sep 21 Sep 14 65 7 95% Sep 15 101 31% Dec 31 1 Aug 27 167 179 \ May Jan 8 16 Jan 9 61 Mar 19 For 22 13% Mar Sep 14 103% Oct 13 120 9 175 Jan 31% Jan Jan 159 Jun 2 17 Oct 19 35% Jan 23 8 57% Oct 23 68 Feb 6 frotnntpR k*>a Sep nacre 9 *?*> Marl6 19,200 105% 2,100 105% 46% 47'A 40% 40% 40% 1,200 5 41% 42% 41% 42% 41% 42'A 41"% 42% 42 42% 13,400 104% 104% 105% *104 10 23% Corp—10 Carbon Co No par United-Carr Fastener No par-/ United Cig-Wlielan Stores com—30c! $3.50 convertible preferred 100 Corp (Del) 1 United Dye & Chemical Corp com_l United 93 *14 24 93 35% 104 14% *104 23% 93 '35% 104 *14 106 *104% 24 23% 93 93 106 23% 93% 35% 35% 36 *102% 105% *104 14% 14 14 52% 52% 52% 53% 54 28% 28% 29 28% 28% 4 9% 4% 82 ,,5 9% 4 82% 5 '91% 36 51% 5 23% 104 *28% 81% 105 4 4 4 82% 82 82 5% 5 9% 5% Co 55 55 29 29 4 *4 '81% 5 5% 9 9% *8% 58 58% *57% 58% 12% 12% 12% 12% 5 12% 12% 12% 12% 12% 12% 12% 12% 47% 47% 47% 46% 26% 34% 12 1% 51% 47% 26% 34% 12% 1% 51% 96% 47% 26% 27 26% 27 26% 26"% 34% 34% 35 34% 34% 1 12 47'A 12 12% 1% 1% 1% No par No par 50% 51% 51% 52 1% 51% 51% 97 97 96% 96% 23% 24 '23% preferred US Hoffman Machinery com 4%% preferred *97 12% *98 12% 12% (The) _1 1% 1% 96% No par 23% 23% 20 105% 105% 105 105% 105 105 105 173% '170 173% '172 175 '172 100 '170 5 17 17% 17 17% 100 60 61 59% 59% 17% *58 24 18 59% '23% 18 *58 4 4% 82 12% 47% 1,000 300 20 1,200 3,800 500 14% 59 34% 93% 36% 106 29 12% 10 7,500 55 *58% 13% 14% 300 23% 14% 13 No par Corp '36 *104 1,200 105 54 '28% 59 9% 93% 93 36% 106 12% '58 23% 23% 5 100 Cos United Park City Mines Cp U S & Foreign Securities $4.50 1st preferred US Freight Co US Gypsum Co common 1% 42% 47% 104 United 66 41% 105% '35% 3 27 % Dec 42% 41 40% No par Gas Improvement Co Merch & Mfrs Inc 20 80 105% No par Gas 5 99% *46% series of 1952-100 United Mar 26 *98% 100 United 5 99% 47% common 10 2% May 12 10 *98 % 41% 14 11% Sep . ; 105% 37% Feb 46 50 84 84 46% 58% Jan 1 350 84 *83% *40% $4.50 preferred United Board & Carton United Fruit 4,000 90 47 28 Mar 27 22% 105% *88 42 44 30 22% *104% 88 47 23% July 22 30% Jun 17 Sep 22% 104% 41% United Biscuit of America United 88 47 United Engineering & Foundry 2 119 Preferred 4%% 22 104'A 43 preferred Inc 22 104% 46% 2 Apr 102% Aug 2 Lines 22 103% 42% 16% Feb 15% Jan May Air 22'A 103% 50 Aircraft Corp common convertible 104 22 % 103% 1,400 8% No par 12% Aug 31 73 19 50 common Co 7% preferred United Electric Coal 19 101% Feb 20 Car 8 30 11 Tank 17% Jan 64% Jan 96% Jan Pacilic RR Co noncumulative preferred 2 29% Aug 34 3A Sep Jan" ~9 5% United California 15 2 12% Oct 24 18 4% of Jan 30 54% 24 29 Union Oil series- 10% Sep 53% Oct 6 Feb 5% Jan 24% Jan 30% July 26 10 *87 29 3% Feb 22,100 88 42% Oct 50 2,900 69% *86% 106% Jan 11 43% 69% 22% 3 *13 ' 43% 69% 88 24 Nov 44% 68% 103% 31% Apr 16 43% 68% 22% 102% Jun 18 44 68% 103% 30 Sep 43% 68% *86% Jan 37% July 25 43% 68% No par No par Union 104% Dec 43 68% No par 46% Mar 26 1107 43% 68% series 50'A Jan l 42% _ series 17 8 __20 No par Carbon & $3.70 23 21 3,700 $4.50 Sep 30 % Jan 1,600 34 8% Preferred 39 91% May 12'A 33% 8% Preferred 44% Jun 101% Jan 11% 34% *8% 6 12 31 1 11% 33% 83A 2 25 24% May 11% 33% 8% Jan 50 % Nov 38 % Dec 11% 33% 8% Jan 42% Aug 107 *11% 33% 8% 97 1 1 11% 33% 110 4 3 *11% 8% 4 2 May 11% 33% 8% Co 15 Jan 28 11% 33% 5 — Rubber Jun 45% Jan 101 % Jan 1 No par «& 82 % Jun 37% May 100 (The). Corp 9 24 105'A 175 , 14% *81% 7,300 82% 5 8% '57% 12% 12% 5% 8% 58% 13 *172 18 18 57% 70 3,000 4,200 12% 46% 46% 26% 26% *34% 34% 12% 12% I1/* 1% 51% 52% '96 97% 23% 23% 105% 107 59% 100 9,900 1,400 175 18 58 14'™° 1 16,500 2,100 8,200 6,200 4,700 210 500 6,200 — 2.500 270 21 ' k 22 The Commercial and Financial Chronicle... (1586) V f Continued—Paga 12 NEW YORK STOCK RECORD 3 x7% Dec 9 35% Oct 23 14% Oct 23% July II 7% Oct 8% Nov 24 39% Dec « Jan 34 19 67 16 34% Mar 21 x81 % Jun 17 90 % Dec 31 22 '/a Oct 16 2 Oct 30 53 Jan 3 23 21 23 97% Apr 31% Jan 23 % Aug 31 127% Sep 18 37 Mar 29 U 85% Jan 77% Oct 6 146% Feb 87 Va 37 % Oct 61 32% Feb J1 30% 136 'A Jan 64 23 72% Oct 31 U Mar 23 Oct 22 Mar 28 90 102% Jan 14 58% Apr 4 Sep 26% Oct 56 Sep U 40% Mar 17 Oct U 55% Sep 66% Feb 33 Va Sep 44 % Jan i 18 15 Aug 31 U Co Co *60 22% *72% <-77% 5 common 27'A- ..100 com—50 preferred—_____— 50 1st preferred noncum Smelting S 7% a 31 Rubber *7% 35% . _ Pipe S 8% 2 67% Jan 68 % May 29 42% Dec 10 -20 S Playing Card Co.— 10 S Plywood Corp common 1 3%% preferred series A.—..100 3%% preferred series B__—100 S U 144% Mar 11 6 18% Steel S Ref Corp 100 preferred 7%. *77% 27% 39% 58 37% 140 140 Jan 24 144 Va Jan 28 20 23 Feb 13 17% Sep 14 21% Feb 26 U No par 18% 19 36% July 25 41 May 18 35% Jun 29 39 % Jan 29 *38% 33 10 6% Jan 2 8 >/8 May 25 15 9% Mar 19 preferred—25 United Stockyards Corp—L —1 United Stores $4.20 noncu 2d pfd-5 $6 convertible preferred—No par United Wall Paper Inc common—2 \';Io convertible preferred. 50 144 138 % May 16 19 % Oct 5% Jan 7% Apr 7 135 8% Dec 24 10% Jan 11 7% Sep x87 'A Oct 22 94 Jun 27 75% Sep 28 90 Marl8 4 '/a Jan 19 1 % Sep 16 4s Mar 19 2% Apr 23 24% July 25 27 Jan 16 % Sep 18 29 % Mar 12 :3 2 3% Jan 2 1% Sep 26 % Dec 8 22% Jan 14 23 26% Jan 7 24'% Feb 1 % Sep May 2 156 Jan Apr 24 57 34 Jau 10 Dec 23% Apr Apr 116 Apr 167 Fen Sep Feb 3 14 2 July 28 Jan 7 68 Va 28% Jun 10 A3 62%' 63 31% 31% preferred— .——100 Power & Light Cp_—_No par 4%% May 20 Utah 34% Mar 25 America__No par Corp of 15 45'A Mar 25 Vanadium 15 17% Mar 23 Van 14 32% Mar 20 23 6% Oct 14 23 % Apr 6 10 Vertientes-Camaguey Sugar Co—6% Vick Chemical CO— 2.50 Vicks Shreve & Pacific Ry com—100 25 % Dec 129 Dec 9 11 125 10% Jau 127 Oct 31 125% Jun 127 3 32 Jan 2 24% Apr 29 88 18'/a Oct 24 29% Jan 19 16% Oct Nov 6 137 % Jan 19 21% Jan 2 27 'A Dec 31 Apr 23 93'A Apr 116% Nov b 12 103'A May 15 Mar 19 92 Sep 15 130 >A Jan 8 61e 23 27% Jan 5 Virginia 5 114 Va Jan J 106 Jun 2 92 July 20 100 Jan 15 Jun 3 loo Jau 4 25% Sep 15 35% Feb 2 13 25'A Oct 13 30 Feb 19 22 33 % Apr 24 37% Jan 14 31 Jun 44% Jan 11 36 % Mar Jan 18 14% Sep 15 18 May 22 49% Oct 5 8 18 28% Mar a 31% Oot fl 27 Jun 22 20 17 68 % Deo 29 59 Sep 14 12% Aug 6 !—10o —100 dividend preferred preferred— Virginia Ry Co common- L,; 6% preferred Visking Corp (The) 4 70'A Mar Jan com—10 100 Co Power & preferred dividend $4.20 20 Mar 16% Apr Elec $4.04 23 —100 partic preferred div $5 8 92 100 1 Chemical com—No par Va-Carolina 22% Jun 20 Works common—5 preferred 8 *27 % Jan 103% Dec noncumulative preferred—100 3%',;. 25 % Jan 98 % Jan Inc— Victor Chemical 21 Mar 20 8 112 Co Raalte 5% 13 28% Oct July 17 Co——i——2.50 Norman Van 0 28 'A Oct 128 May 29 1 35 % 15% 30'A Sep 3 Mar 159% 15% 12 % Sep 9 95 *157% 1 Inc com Co 27% Sep 87% Sep 110% Jan 100 Pictures Universal 4 24% Oct 119 26% .—25 —25. 5 15 r/o 2 Wabash 34 14 28'A 6% 27% *126 *126 26% 159 34% 6% __ 27% 27% *91 92% 17% 17% 116% 116% 25% 25% 113 113 *96 99 *97 100 28'A 28'A 25% 25% 48% 4g 15% 15'A 36% 1,200 61% 61% 61% 61% 300 7,500 136% 18% 39 7 7% *18% 18% *38% 3 82 1% 19% 22% 22% 22 72% *71 72 V2 78'A *77% 78% 77% 77% 27% 27% 28'A 27% 27% 6% 6% 6% 28 *126 *126 28 28 128 27% 93 27% *91 17% 37'A 116% 116 A 25% 25% *112% 113'A *96 99 27'A 26 49"A 49% 15% *26% 27 *26% preferred 100 ——No par 10 6OV2 12'A 23 48% 5% 61 *60% *12% 23 61% 12% 23% 48% 6 48% 100 37% 47,700 141% 3.700 18% 18% 2,100 39 , 37% 39% *6% 7% 7% 80'A *80% 1% 20 500 200 7 7% 1,900 40 81 1% 6,000 1% CO 19% 1% 1% 1% *1% 29'A 29'A *29% 29'A 26% *26% 26% 26% 26'A 800 2 300 800 162 *63 32 *34% *159 162 10 16 16 3,200 63 63 120 32% 15% 16 64 T59 161 32% 32% 4,400 34% 2,400 900 *13% 13% 28'A *27'A 28'A 300 6% 28 128 6% 6% 9.200 28 28 *126 128 2,000 *126 27% 28% *91'A 17% 115% 27% 1,800 93 18% 5,300 116 1,200 25% 25% 6,600 113'A 113'A 50 * 96 % 99 100 *98 100 28 28% 25% 25% 49 49% 15% 15% 28'A 25% 8,100 141'A x80 % *97 100 37% 7% *91 93 17>A 17% 116V4 116% 25% 25% *112% 113% *96 99 17% 910 57 6% 1% 23,700 40 3/8 57 6% *18% 10 260 < 137 39 % 141 141 34% 13% 13% *27% 136% 58 29% 34>A 34% 13% 137 40% 39 *57 64 32 28'A 80,800 22% *71% 64 31% 34% 13% 15% 22% 72% 15% -20 preferred *36% 15% 28% *97 600 36% 64 31% 31% 28 *126 *126 28 128 7% 3£% 15% 15% *63 14 28'A 7% 36% 61'A *18% 1% *29% 26% *158% 15% 27 10 Detinning Co common. Vulcan . 159 7% 36% 61'A 22% 72% 78% 7% 1% 2% 25% 14% 7% 7% 81% 29% 15% Jan 12 23 ,20 *1% 16 17 1% 15% 7% *6% 7 7% 81% 1% 19V2 *29 26% Jan 45'/a AUK 1« 31 *18 1% 81% 18% 39 1% preferred—— 17% May 20 61 *80% 1% 18% *38% *6% 7% *80% ,1% *18% 14% 18% *38% 136% 40% *57 58 37% 37% 140 140% 39 29% 17 155 7 77A 7% _1 Corp— 17% Jan 6 30 116 29 6 65 8 13% Nov Sep 16 33% DM 18 27% Oct 27 Aug 169 May 23 28% Apr 9 *6% Shares . 136% 137 39 39% *57 58 36% 37% 140% 140% < 136 29% American Universal 19 ,14% Dec 14 11 29% Oct common noncumulative Oct. 23 Oct. 22 27% . 27% Universal-Cyclops Steel Corp 1 Universal Leaf Tobacco com.No par 3'/a May 13 15 21% May 27 Co Tobacco S 7% the Week Friday Thursday 15'/» 14% 36% 61% 23 74%. 78% 22% *72% 27% 135% *57 36% *7% 36'A "60 Sales for PRICES Oct. 21 18% 7% 18% 78% 39'A No par common 8 36'A 61% 23 74%. 135% Min & 18% SALE Wednesday Oct. 20 Oct. 19 —1 HIGH AND Tuesday Monday Par common. preferred & Foundry 4%% 26 Jan 8 22 Co Lines S U 22 22 % Jan 21 STOCK YORK EXCHANGE Highest Lowest Highest Lowest NEW Range Since Jan. 1 Year 1952 18"/# Jan LOW STOCKS Range for Previous Monday, October 26, 1953 ' 28 28 1,600 25% 26 11,200 49 49 1,700 *15% 61% 12% 23% 400 15% 27 *26% 27 *26% 61'A *12% 23 V8 48% 61'A 12% 23% *60% *12'A 23% 48% 6 6 w 05 Apr 12'A Jan 12 Nov 24 29% Jan 22'A Oct 6 42'A Apr 29 51 lA Jan 11 % Jan 27 2/ 8 50% Aug 4 Walker Feb 27 4 3'A Jun 16 22 10% Jan 5 % Sep 15 9 11 21% Dec 18% Jan 2 25 Jan 12 104% Dec Sep 15 105 Feb 4 11 % Sep 15 17'/a Apr 16 98 Co Walgreen Dec 98 4'A% Waldorf System— 13% Mar 10 29 'A J»n 17'A Jan 8 RR — G (Hiram) W—No par & Walworth Co. ._—2.50 ._— -1 Ward Baking Co common May 12 ——100 preferred 51/2','c Warner Inc. Pictures Bros — -~5. Incr———1 Warner-Hudnut 15 Oct 22 20% Jan 30 14% Apr 24 17% Oct 20 25 Jim 3 35 'A Jan 30 23% Sep 21 33 % Mar 19 Warren Foundry 28% Sep 14 37% May 14 Warren Petroleum 31 Washington Gas Light Co—_No par 27'A May 15 37 Dec 30 25% Jan 4 31% Sep 3 29 24 % Oct 23 Jun 9 Jan 5 Dec 31 24 Sep 14 30 1 18% Jan 21 13 Sep 14 17% Apr 19% Feb 19 24 'A Dec 3 19% Oct 20 11% Nov 17 14% July 31 13'A Feb Wash 24% Mar 23 16 May 28 8 Sep 14 10 Mar 16 21% Sep 1 28 % Feb 2 Wesson 7 73% Oct 1 84% Feb 3 $4 Oct, 1(J 41% Jan 9 18 % Sep 15 29% Jan 5 West Indies 28 'A Dec 30 17% Sep 29 28% Jan K West Kentucky 37% Dec 3 32 37% Feb 4 West Penn 8 28 21% May 29'A Jan 2 2 Jun 9 - *8% Oil & Corp__________1 Co__„ 4 Sugar Coal Electric —No par Co 110'A Sep 5 98% Jun 17 107% Jan 96% Jan 2 103% Apr ia 88% Jun 18 102 Jan 15 98 Jan 9 102 Feb 7 89% Jun 9 99 % Jan 15 12 Sep 17 16% Jan 29 13% May 15 16% Ja-n 15 Power 4%% pfd—100 preferred series B ___100 preferred series C_ 100 West Virginia Coal & Coke—— 5 72 Jun 6 69 Jun 19 86 i/Aug 24 West Va Pulo & Paper corn—No par 106'A Jan 8 104 Sep 29 109 106'A Mar 18 84 Aug 1 109 Va July IS West Jan *97% *95 4%% 5 12% Jan Penn 4.20A 4.10% preferred— 15 15% Jan 7 8% Sep 15 8 Western 56% Dec 15 43% Sep 15 57% Mar 11 Western Auto 22 26% Dec 23 20 Sep 14 32'A Mar 25 Western Maryland Ry 34% Oct 21 47 Dec 19 45 Jan 2 46 % Feb 20 64% Dec 12 46% Sep 14 Oct 7 45.% Feb 11 27% Nov 21 48% Dec 31 Nov 3 16% Jun 89 Mar 37 Oct 98 4 16 24% May 14 35 % Feb 20 95% Jan 2 Mar 32 Oct 80 12~7~ 2o 127 101 63'A Mar 23 4% 67% Mar lfl 90 Western May 14 38% Feb 18 99 'A Sep 22 % Sep 14 29% May 18 39% Sep 15 91 % Jun 1 48% Aug 50 • 12 10 22 May 4 Jan 14 127 Mar 4 30 % Sep Mar 20 15 126 com—No par RR series 100 A 10 10 12'A Westinghouse Air Brake Westinghouse Electric com 3.80% preferred series 100 B Elec Inst corp 12.5o Wheeling & Lake Erie Ry__— 100 Wheeling Steel Corp com _No par Weston 30 41 'A Jan 30 Oel 6 89 % Jan 22 Oct 14 86% Mar 24 28 »A Oct 17 34% Jail 7 25 % Sep 14 30 25 23 29% Jan 2 23 Sep 15 28% Mar 4 14% Jan 28 6 Oct 14 12% Jan 9 32 Apr 7t 25 Oct 15 32% Apr 13 2 27% Aug 29 18% Sep 11 30% May 27 Wilcox 4 13 Va Dec 12% Jan 17 11% Feb 17 16% Oct Willys-Overland Motors Inc 22 7% Sep 21 11% Mar 26 Oct 10 % Aug 29% Jun 17% Jan 8% Mar 8% Oct-22 68% Nov 14 12% Aug 18 15% Apr 2 21% May 128% Jan 7 15 80 13 63 'A Oct 5 14% Jan is 8% Oct 13 25'A Dec 17 24 'A Jan 6 28'A Nov 25 40% Mar 17 75% Feb 138 Nov 24 'A Jun 26 Jan Oct 16 64 Jan 28 42 % Apr 17 45% Dec 9 26 % Feb 20 32% Nov 19 51 18'A May 135 10 Sep 14 9% Oct 23 13% Fab 1 86 7'A Sep 77 8 40% Jan s 13% Jan 8 21% Oct 3 39% Jan 2 51 % Dec 8 47 Jun 9 Sep 14 39% Apr 16% Sep 15 23'A Apr 31 27% Oct 16 34 Jan 7 22% Sep 14 39% Oct 23 50% Jan 2 34 Sep 15 15 17% Jan 11% Sep 53% Mar 14 23 B,<* dividend, and y 8% Jan asked prices; Ex-rights. 63% Jun no ' 10 3% Sep 29 Oct 14 sale on 22 11 y* Mar 17. 1; x32% Jun Mar 19 130'A Mar 16 thle day. Wyandotte conv Yale & Towne Mfg Co 1 York 25 Corp common 4%% convertible preferred _ 13 5 16% Jan 2 6 Zenith Radio 13 Zonite Products 1 9 *131% 133% or 30'A 27% 27% *131% 133% 22% 16% 8% *64 29% 29% 29'A 28% 35'A 19'A 18% *48'A 43% 23% 46% 49% 98% 19% *97 19'A *123 33% 81% *26% 33% 81 26% 1,500 10 3,500 4,600 200 4,600 700 5,100 14% 14% 1,700 20% .8% 20% 2,200 2,500 *10% 22 9 10% 22% 77,% — 3,300 240 77% 18% 18% 18'A 183/8 35% 35% *104 104% , 3,000 1,800 3,900 160 60 ___ 9,600 1,500 110 9% 52 50 95% 43% 52 49% 95% 43% 47% 25'A 52 . 95% 3,500 500 43% 6,000 23% 47% 23% 48% 6,900 41,500 23% 47% 98'A 19% . 33%' *98 19'A *123 4,000 6,600 10,300 1,800 50% 100 1.600 99 19'A — 81'A 27% 33% 80% *26% 34 81 27% 27'A 6% 27 26% 6% 26'A 27'A 6.800 6% 26'A 5,300 100 22% 23 26% 6% *26'A 23 22% 23 16% .16'A 8% 64% 9'4 29% 16% 64% 9'A 30'A 27% 27% 87A *131% 134 2,800 65 9'A 30'A 16,100 11,400 600 800 1.100 27% 27% 3,900 9 *131% 134 18% 18 42% 41% 43% 43% 43% 29'A 29% 29% 77% 41% 43% 29 *76 *105'A 109 75% 77 *7'A 7% 16% 5,700 390 300 16'A 8% 65 *9% *29% 18 41% 76% 76% *105% 109 *75 75% 7% 7% 2.800 4,900 9% 6% 64% 48% 5% 6 23% .23% *100% 101 11% 11% 17% 17% *26 27 33% 33% 30% 30% 26% 26% 46% 24% 27 8% 1.400 9% 46% 25% 263/4 27% 43% 48'A 44% 23% 46% 27% *41'A 35% 95% *131% 133% 17% 18% 43% 18% 50 96 29% 43% 48% 9% 46% 24% 51% 29% 18 42% 77 77 *106 109' *74% 75% 7% 7% *105'A 106 9% 46% 24% 51% 400 500 - 100 100 *96% 99 14 14% 84% 85% 106 106 84 84 9 9 26% 14% 20 9 10% 22% 77% 61% 12'A 23 % 48% 18% 41% 44 3,600 29y4 777A 6,000 77'A *105'A 109 76'A 76'A *7'A 7% 800 8,000 140 •; 300 300 35 1,500 18% 18% 18% 18% 18% 18% 18% 4,400 49 48'A 48'A *47% 48% *47% 48% 24% 35'A 35% 35% 35% 35% 34% 200 500 24% 24 24 23% 23% 24% 24% *24'A No par 38% 39% 39'A 39% 38% 39% 39 39% 38% 39 12 12'A 12 12% 12 12% 12 12% 12 12'A 2,700 No par Youngstown Sheet & Tube In'receivership, *29% 1 72 72 71% 72% *71 72 71 % 71% 70% 70 »A 2,000 *3% 3% 3% 3% 3% 3% Young (LA) Spring & Wire.No par Corp Corp 35% 6% 27 21% 16% 8% 64% 9 50 _ 26% 18 *41»A 43% 78 *106 109 *74% 75% 7% 7% 14% — 33'A 80% 26% 26% 6'A *26'A -26% 33% 30% *60% 12% 23 No par Youngstown Steel Door Jan 5 Worsted Co__. 47% Jan 5% Apr 100 No par (Del) *123 — 9 65% 30 277A series pfd 4% % 34% Jan 84 16% 8% 64% 9 Prior 1 0 21'A common 19'A 80% 27% 16% 27'A 43% 23% 46% *97% 19% 33% Prior preferred 4%% Corp Wrigley (Wm) Jr 19 *123 33% 29'A *76'A ; Co 44% 237A 46% 98% 80% *26% 26% 6'A *26 No par series 100 Corp Co (F W) Worthington 44% 23% 45% *96% 50 33% 42 35% Mar 17 Sep 19% — 43% 15 75 96 42 Sep *93% 9% '11% 17% 77% 18% 18% 18'A 18% 35% 35% *104 104% *°8 100 *96 99 14 14'A 77% 84% 84% 106 106 51 94 96 93 21'A 10 com Service *10% 22'A 50 93 44% 24 46% 9 10% 22% 50% 44% 23% 45% 29% 8% 9% *46% 23% 51'A 16% 8% *64% _1 8%' 46% 24 51 51 33'A 80'A "26% 8% 14% *104% 106 49% 10 26 85 *20% 100 Public Iron 84% 26% 14% 20 18% 18% 18'A 18'A 35% 35% 104 104% *98 100 *96 99 14% 48 51 "92% 10 Woodward 14% *25% 33% 30'A 26% *10% 22% 77% 10% 22% 77% 18% 18% 18% 18'A 35% 35% 103% 103% .99% 99% *96 99 26% No par lo . Grocery Co Elec Power Co WoolwOrth 22% 77% . 8%. *10 23% 17% 2 71'A May 1. 99% 98 14 84% 106 17% 30 101 14% 20 10 Jan S 14% 20 1 preferred Jan 14 88% Nov 18 6# Wisconsin 48 19 8 4 53 Nov 17 2 21 75 % Jan Jan 5 14% 20 6% *25% _No par common Co_ Lovett 14 8 4y4Nov Jan Inc preferred & Sep 36 22 68 $4.25 26% 19% 8% 1 common Co— Co Wilson-Jones 42% Sep 20 34 & Wisconsin 10 70'A Dec Oct IB Oil Wilson 26% 14% 1 Co—— 20 S) (The S preference 29% Oct 17 24 76 % Jan 83% Feb Motor White Sewing Machine Winn Apr 97 % Feb 118 White 8 15 26% 14% 20% 8% 33 __5 4 Prior 30% 20 Mfg 33% 30% 30% 80'A 27'A 26% 6% 26% preference—No par prior Dental 30% May 22 16% Jun 126 conv White 74% Mar 10 13'A Jan $5 8 33% 30% 26"% 17% 9'A 46 19'A *123 11% 17% 26 26'A 33% 30% 48% 6 6% 23% 23% *100% 101 11% 17% 26 17% 24 9% 45% 23'A 100 100 Western Union Telegraph 13 Mar 18 99% Jan Pacific Co common preferred 2nd noncum Preferred 2 Supply 11% 17% *25% 9% 46% 1 10 Air Lines Inc.. 30 Oct 9% Oct *104% 100 46% Apr 18 13% 84% „ 4g *23% 23% *100% 101 25% 33% 10% 22% 22% '76% 77 18% 18% 18% 18% 35% 35% 103% 103% preferred—No par convertible 6% 23% 23'A *100'A 101 11% 11% -17% *10 5 15 5 84 May - 20 com-2.50 Sep 32% Jan 28 3 i Snowdrift 19 30 9'A May *14% -5 -1 Webster Investment Co— 12% Mar 27 11'A Jan Oct 80% Feb 26 -5 Motor Co. Knitting Mills Wayne Pump Co. — Wayne 26 17 No par 3 487/a 6% 23% 23% 100'A 100'A 11% 11% *24% 33% 30% 26% No par Pipe Corp Power— Water Waukesha 9 & 12%23% .1 1 *24 3% 3% petition has been filed for the company's reorganization, a 3% Deferred 3% delivery.: r Cash sales.; wd When distributed. 15,400 1,400 xEx- Number 5267 Volume 178 The Commercial and Financial Chronicle ... (1587) Bond Record New York Stock «» FRIDAY The italic letters in the headed column WEEKLY ■ "Interest Period" indicate In each Figures after decimal point represent Range for Previous Range Since Jan. 1 Highest Lowest 99.24 — — —-- — __ __ __ — __ __ Low 96.9 96.14 Oct 14 Oct 14 14 96.19 Jan 9 94.8 96.20 Mar 18 96.25 Dec 9 __ 96.21 Dec 9 96.21 Dec 9 96.15 Dec 9 96.27 Nov 10 96.22 Dec 95.8 Dec 24 96.20 Nov Nov 18 100.4 29 97.19 Oct 27 102.18 Jan 29 97.19 Oct 27 ♦103.6 103.12 *103.18 103.24 *103.24 103.30 *103.28 104.2 102 3 *102.2 102.5 *102.5 102.8 *102.8 102.11 *102.9 102.12 103 24 *103.20 103.28 ♦103.24 104 *103.24 104 *103.24 104 1958-1963 105 8 *105 105.8 *105.4 106*12 105.16 *105.12 105.20 *106.4 *106.6 106.14 *106.8 106.16 *106.8 106.16 *106.16 106.24 *100.14 100 20 *100.18 100.24 *100.20 *100.22 100.28 1958 100.26 *100.22 100.28 *100 16 100 22 ♦100.18 100.24 *100.20 1962-1967 i 100.26 *100.24 100-30 *100.24 100.30 *97 10 97 16 97.14 *97.16 97.22 *97.24 97.30 *97.28 *96T6 Dec 15 -- A Mar 18 100.3 15 — 96.22 *96.22 96.28 *96.28 *97 97.6 *96.6 96.12 *96.14 96.20 *96.20 96.26 *96.24 96.30 *96.6 Dec 1964-1969 *96.16 96 14 96 12 ♦96.4 96.10 *96.12 96.18 *96.18 96.24 *96.22 96.28 96 *96.2 96.8 *96.6 .97.2 95 28 *95.22 95.28 *95.26 *95.10 95.16 *95.14 95.20 *95.20 95.26 gsilo 95.20 95.20 *95.2 95.8 *95.10 95.16 *95.16 95.22 *95.20 95.26 *94.28 95.2 *95.6 95.12 *95.10 95.16 *95.16 95.22 ,Sept 1967-1972 *94.28 95 2 Dec 1967-1972 *94 30 95 4 *94.30 95.4 1957-1959 *99 26 100 *99.30 100.4 *99*28 100 2 *99.28 100.2 June 15 1958 *95.6 95.12 *100 *95.10 95.16 96.12 *95.16 6,000 95.22 100.6 *100.6 100.12 *100.6 100.12 100.4 *99.30 *100 100.6 *100.2 100.8 1954-1955 *100 8 100 10 *100.10 100.12 *100.10 100.12 *100.11 100.13 *100.11 100.13 1954-1956 *100.21 100 24 ♦100.22 100.25 *100.23 100.26 *100.23 100.26 *100.23 100.26 1956-1959 *99.2 99 8 *99.6 99.12 *99.8 Treasury 2%s 99.14 *99.16 99.22 June 1959-1962 99.14 99.14 *97 8 97 14 ♦97.10 97.16 *97.16 Treasury 2 V4s 23 97.22 *97*6 *97.24 97.30 *97.24 Dec 1959-1962 97.30 97 12 *97.10 97.16 *97.16 97.22 *97.24 97.30 *97.24 97.30 ! Treasury 2 %s Treasury 2s June Treasury 2s 1954 *100.7 100 9 *100.8 100.10 *100.9 100.11 *100.9 Dec 1954 *100 4 100 6 *100.6 100.8 *100.6 100.8 *100.6 Treasury 2s __ __ 98.2 96.22 -*96.8 95 16 __ — *105.8 *9s!4 __ __ 99.18 Oct *97.8 105.12 *95 10 —2 __ __ — 1963-1968 —June 1964-1969 __ — *105 1960-1965 1956-1958 23/4s Treasury 2%s Treasury 2 %s Treasury 2 y4s 99.14 Oct __ ——— Bonds ($) *95122 __ 23 the week High 1966-1971 __ __ 99.14 Oct Bales ft Oct. 23 Low High June 1967-1972 __ __ __ Friday Oct. 22 103 10 Treasury 2%s Treasury 2%s __ 102.18 Jan Thursday Low High Treasury 2%s 23 __ __ Low Treasury 2,/2s Treasury 2%s 95.20 Oct __ __ High 1965-1970 __ 18 Nov PRICES *103.16 Treasury 2%s Treasury 2 %s 19 100.4 Mar 25 94.8 23 Low SALE Oct. 21 *102 Treasury 2%s 10 95.20 Oct HIGH Wednesday *103 4 Treasury 2 %s Treasury 2V2s __ 18 96.22 Dec Mar 25 mature. 1955-1960 2%s __ __ AND Oct. 20 High bonds 1978-1983 Treasury __ __ the Tuesday Oct. ID Treasury 2%s 96.14 Oct when point a 1956-1959 Treasury __ __ month of Monday STOCK Treasury 2%s __ __ __ the case 32nds Treasury 2%s __ __ __ more Treasury 3 %s Treasury 27/8s __ __ YORK EXCHANGE 99.24 May 12 May 12 __ -j- NEW Highest or LOW GOVERNMENT BONDS Year 11)52 Lowest one Exchange YEARLY ■ *99^30 10o!b Dec 1954-1955 ♦99.30 100.6 *99.30 100.11 *100.9 100.11 100.8 *99.30 100.6 *100.6 100.8 100.6 *100 2,000 100.8 International Bank for Reconstruction 93.4 & Development Oct 20 96.28 Aug 7 90.16 Jun 17 94.16 Jan 25-year 3s July 15 1972 92.12 Oct 22 96.4 94.8 2 *93.24 Apr 91.25 Apr 16 94 July 20 25-year 3s Mar 1 1976 *93 27 93.24 *93 15 93^24 *93 92 Jan 93.24 *93 95.8 93.24 *93 93.24 30-year 3%s Oct 1 1981 *94 8 95 *94.8 95 *94.8 95 *94.8 95 *94.8 95 3%s Dec 10 97.24 Feb 98.10 Nov 95 7 98.10 Nov 100.15 Dec 17 101 1 95 1 Dec Jun July 7 Mar 25 23-year Feb 19 100.20 Oct 2 22 19-year 3y2s 3-year 3s 97 97.16 May 12 100.20 Oct „ 2 100 22 Serial — „ __ — — •Bid and asked price. No sales transacted this day. 15 1954 *99.16 15 1955 *98 99 *98 Last Yerk *100 100.16 100.20 >100.12 100.20 Feb 100.8 *99.16 100.8 *99.16 99 *99.16 100.8 *98 100.8 *98 99 *99.16 99 1% Corporate Stock 99 Feb 15 1956 *96.16 98.16 *96.16 98.16 *96.16 98.16 *96.16 98.16 *96.16 98.16 due Feb 15 1957 *95.16 97.16 *95.16 97.16 *95.16 97.16 *95.16 97.16 *95.16 97.16 due Feb 15 1958 *94.16 96.16 *94.16 96.16 *94.16 96.16 *94.16 96.16 *94.16 96.16 due Feb 15 1959 *93.16 95.16 *93.16 95.16 *93.16 95.16 *93.16 95.16 *93.16 95.16 due Feb 15 1960 *92.16 94.16 *92.16 94.16 *92.16 94.16 *92.16 94.16 *92.16 94.16 due Feb 15 1961 *91 93 *91 93 *91 93 *91 93 *91 93 due Feb 15 1962 *89.16 91.16 *89.16 91.16 ♦89.16 91.16 *89.16 91.16 *89.16 91.16 Cash e sale, Period Sale Price r Registered bond transactions. or FOR WEEK ENDED OCTOBER 23 Range Since Sold Bid & Asked Jan. 1 High No. Week's Range Friday Bonds Friday's Low BONDS New York Stock Interest Last Period Sale Price Exchange or Friday's Bid & Asked High Brasll i (continued)— Low 8¥48 June-Dee 99% 9810 99 % 43 95 101 Va ^ series No. 15 June-Deo 3¥48 - series No. 16 June-Dec 33/4b series No. 17 series No. 18 June-Dec *78 3¥4« series No. 19 June-Dec *78 3¥48 series June-Dec .* 20 June-Dec series No. 21 June-Dec series No. 22 No. 23 June-Dec series No. 3¥lS series No. 25 June-Dec 33/4S series No. 26~_ June-Dec 3¥is series June-Dec REctor 2-2300 120 Slock *78 24 .4. *78 83% 79 June-Dec V 73% 853/4 77 94 74 80 79' *78 81 *78 -- NY Broadway, New York 82 No. 27 28 June-Dec 80 80 29 June-Dec *78 82 series No. 30 June-Dec *78 (City) Mar-Sept 103 Caldas fund gold (Dept of) of) Agricultural Mortgage *AGuaraDteed sinking §AGuarantecd sinking fund Akersnus (Kingcom lAAntloquia oi (Dept) lAExternal fun/i 19*7 is —- 100 1945 Jan-July «er B l945__Jan-JuZt/ ser C 1946__Jan-JuZp D JL94& «t sinking fund 7s lBt ser sec sink fd 7s 2nd ser 1957. April-Oct sec sink fd 7s 3rd ser 20-year 3s f $ bonds 1978 s (City) Australia Jan-July external 5s 1958 __ 44% June-Dec (Commonwealth) 3V4s 1956 3%s 1957 June-Dec 1967 1S66 1962 June-Dec 96% Feb-Aug 96% 20-year 3%s 3%e 15-year 3¥as Jen-July (U 8 of) external 8s reduced to f s Stamped Siampeo to s A7« to (Central Btamped 3 375% 7 3.375%) Rv) „^April-Oct 1957 tc 3.5%) April-Oct A 70 65% 70% 70 % 44% 44% 102 1 93 2 102% 57 40% 101 100% 44% 105 102% 99'% 99 % 2 95% 100 98% 53 94% 88% 97 108% AExternal AOs 96% 7 96 % 96% 44 26% 21 96 103 88% 88 102 108'% 108% *94% — 61% *90 % — 1942 assented fund Feb assented AExternal A 6s A 6s sinking assented AExternal Sept 8s Feb assented 60 1 — 108% 96:% 96% 106 113 91 — Extl sink 94% 4 59 63% — 86 94% 85 55 June-Deo *59 *91 *61 — 94 % 18 91 % 95% 44% 3 40% 44% 55% 58 Va *59 . *37% 34 *59 86 60 33% 37% Feb-Aug 59 % 59 % 1 55% 60 34% 37% 59% 1 55% 59% 33% 373/4 Feb-Aug 1961 fund fund *37% 59% 59% *37 »/4 • timmm *59 April-Oct Map-Nov 58% 1963 1963 *59 reduced to 3.375%) dollar bonds No 3¥4b series of 1979 1944 1 April-Oct 61% 89 *37% — 68 63% — 64 59% — 80 1 2_ .June-Dec 3¥4s series No. 3- .June-Dec 78 V8 3%s series No. 4 June-Dec *78% 3%i series No. 5 June-Dec 3%s series No. 7 June-Dec 3%s series No. 8 June-Dec |¥48 series series No. 9_. No. 8 *78 73 —— *85 — 56% 61% 16 77% fund bonds 2%s-3a $ Afllnklng A6¥4b fund June-Dec 75V4 83 78 % 36 36'% 52 series No. 10. June-Dec series No. 11 June-Dec l%s series No. 12 June-Dec *80 344s series No. 13 June-Dec 78% — 8 — — — series No. 14 3%s footnotes see 74% 79 82 79% — - - 83 87 85 80% June-Dec 27. — 79 • — 75% 82 % 92 79 12 74 80 58% ; fund 6s 1961 1962 *37% 34% 37% *59 65'/a 59 Va June-Dec *37 % 34% 363/4 ApriZ-Oct April-Oct *59 58 583/4 *37% 34% 37% May-Nov *59 65 Va 593% *37% 33% 36% Map-No? — . For Financial lnetitutions FOREIGN SECURITIES FIRM TRADING MARKETS C.ARL MARKS & P.O. INC. FOREIGN SECURITIES SPECIALISTS 50 Broad St., New York 4, N. Y. 97 % 76 _ ' page 37 57% 85 79 c » *90 *78 81% 79 80 - *80 For 37% 32% *59 81 74 — 74% 74% 2 81 *87 3¥4s 3¥ss —— 59% June-Dec 1961 1962 36 y8 . *79 —— 37% June-Dec AGuaranteed sinking fund 6s assented June-Dec June-Dec 1961 sinking assented 1957 63/4s 1961 assented AGuaranteed 1993 83 % 59% 79 79 59% 33% 33% —— 91 60 (Plan B>June-Dec 37% 65 Va 65 Va . *59 May-Nov 58 '/a 34% *37% 6s • *37 % 6s 1962 Mar-Sept April-Oct 91% v funding bonds of 1931 due 1951 Btamped pursuant to Plan A (Interest 3¥48 373/4 55% 2 1% External 95% 94 61 1 55 90% (Interest 1978 103 % 91% 91% 60 90% — 443/4 99% 37% 1961 AChlle Mortgage Bank eYas A6 Vas assented 1957 A6s 61% — 59% — 103 % 40% 37% 1961 1962 sinking 100% ' 44% -- April-Oct ARy external sinking fund 6s Jan 1961—Jan-July A8s assented Jan 1961 Jan-July AExternal sinking fund 6s Sept 1961—Mar-Sept A Be 1 41 77% 103 April-Oct i960 sinking 100% . 44% 102% *93% May-Won sinking fund 6s 1960 4 99 *102 AprU-Oct June-Dec Plan 70 70 — assented assented 103 773/4 753/4 — (interest 1952 to 65 68% 65 — „ 96% June-Dec April-Oct 1979 a 70 % AOs ~ 87 82 75% (interest - due rian 70% 70 (interest A 70,70 1927 to pursuant reduced Plan f 6%s of pursuant reduced to 65 IA7s 102 Mar-Sept Mar-Sept 30-yr 3s s f ) bds 1978—Jan-juZp external t f 78 1942 May -Nov (Republic) AExternal A 68 June-Dee 3.5%) 1978 6V2s of 1926 due 1957 pursuant reduced §AExternal June-Dec 2 — — — 70 98 Jan-July 1941 Stamped pursuant to Plan A AExternal 99% June-Dec (Kingdom of) 6s 1955 External sinking fund 7s 1955 lABraall 102% Feb-Aug Belgium 70% -r 103% 104 10-year 1955 100 65 70% 10-year 20-year 5s 92 95 '/a *70 *70 l957_Aprll-Ocf Antwerp 9 2 ¥4 90% *70 1957. April-Oct AExternal 100 70% *70 Juu-jutp AExternal AExternal 1 *70 fund 7s sinking luna " Atar-Sep sinking fund 7* I^Externui April-Oct 1968 7» A collateral § AExternal sinking 82% F*b-St 10 . is 10I2 77% 78 44% . 1975 lAChile 1948 6s Norway/ 23/4s —Jan-July 80 76 "l *103 Feb-Aug 1901 3Vis 1974 Oauca Val (Dept of) (Colombia)— Bank 2¥48 25-year and Municipal 1958 5s 30-yr 3s a f S bonds 1978_Jan-JuZp (Dominion 25-year Government 1957 82 76% 75 % No. Canada Foreign 78 77 ' ~- series Sinking 1-1693 1 1 sinking fund 5s 82 81 Brisbane Teletype 82 98 *85% . J¥is Exchange _ : 3 ¥48 York — 79 74% - *78 No. 82 78 75 817/a June-Dec series 76% — - 3¥ls series No. New 82 ' 82 *78 : 33/4S WERTHEIM & Co. High 75% 82 *78 33/4a Foreign Securities Low ■ *78 3¥48 Members Since Jan. 1 No. ' 3%s Telephone Range Sold High City 1980 Bonds ■ Issue— Unification 5,000 100.8 *98 3%s Transit 98 100.16 100.20 Week's Range tow New *97.16 98 >100 -due RANGE Interest New York Stock Exchange *97.16 100.8 100.20 2s Friday BONDS 98 *99.24 *100.12 1950 due Odd lot transactions, a *97.16 100.8 100.20 110,000 2s — — 98 *99.24 *100.12 94.8 2s __ __ — *97.16 100 8 100^20 *93.24 2s — — *100.12 94.2 2s __ __ 98 *99 24 1956 94.2 94.16 2s __ __ 1971 1 94.16 2s — _ of *97.16 15 due Feb __ — __ Oct —Oct 2s_. — __ — __ bonds May 15 1975 94 16 2s __ __ 94.16 Telephone HAnover 2-0050 Teletype NY 1-971 23 the Commercial and Financial Chronicle... Monday, October 26, 1953 NEW YORK BOND RECORD OCTOBER 23 WEEK ENDED FOR RANGE Friday Friday Last Interest Period BONDS New Fork Stock Exchange Sale Price Friday's Bid & Asked or High Low A Chinese Municipal assented A7s A6s of A6s of 1928 Low No. 55% 1961 Jan Jan-July 4%s external (Republic of) Cundinamarca (Dept of) reduced to April-Oct 1955 Fcb-A?i0 1960 (Kingdom of) s f dollar 3'/2s extl s f dollar f dollar extl extl 3s s AEstonia bonds Jan 100 54% 62 53 52'/» 62 63% 93 reduced 99 % 49 90% 99% 98% 99% 6 88'A 41% 41% 1 37% 112% 113% 80 111% 1976 I 1 1976 41% 41% 8tamped 44% 44% 29% 39 100 101% 101 101% 19 100 100 100 % 29 91% 42 102 90% 75 76 61% — 49% 56 -50 54 -- 49 56 63 63 79 93 84 91 60% 73 Jan-July Plan to 2.25%) dollar Mar-Sept (interest Jan-July A 2004 1968 loan 61% Jan-July 1956 loan water to "31 (interest A Plan pursuant to to 2%) series 1 79 Jan-July 79 537/s -- 68 75 81 56% -- 73 A 557 external 1962 _Way-Nov 15% 64 "15% 2012 secured B 61 % 75 < ,A7s High 75 -48 (Interest April-Ocf Serbs Croats h Slovenes (Kingdom)— A 8s secured external 1962 Way-Nov 101% 1 __ Jan-July pursuant external A6s 90% Low A 1999 to Plan 2.5%) 1999 to external A7s 2.5%) to pursuant reduced 117 90% May-Nov Plan 1950 external Stamped Stamped 16% 15 — 9% 15% 15 9% 16% 16 Shinyet.su Electric Power Co Ltd— 82 82% 82% . 58 % 10% 15 65% 55 58% 58% "12% 82% 62 66 "65 Jan-July 1967— 7s Jan. I No. 1957—Way-Nov to pursuant reduced (Interest §A8s reduced "36 Range Since Sold (interest A 2012 2% ) to stamped 1936 100 44%' Bands High (State of)— Paulo 8s 90 % May-Noa fund Plan to pursuant reduced San 100% 112'/a Range Friday's (interest 2001 2.375% ) to secured sinking Stamped 93 99 Vu Ja?»-July Jan-July -Jan-July 1976 bonds Jan of) —April-Oct 1 bonds Jan (Republic 98% 49 % 100 100 99'A Jua-July 1978 extl 5%s External goid 4%s 1962 El Salvador (Republic of)— 4s 52 Va or Bid & Asked Way-Nov (City) reduced (interest to extended 6%) 1 19 62 100 — assented Stamped Denmark (State) 8 100 (City of) Paulo A6%s extl — 30-ycar 3s sinking fund $ bonds Czechoslovakia June-Dec 1977 gASao 37% 4% 7 April-Oct — sinking lund dollar bonds 1970—Aprd-Oct lACoiombia Mortgage Bank G'/2s 1947: April-Oct 5 ASinking fund 7s of 1926 due 1946 May-Nov 8ASinking fund 7s of 1927 due 1947——Feb-Aug SACopenhagen (Cityi 5s 1952.-.--.. June-Dec 25-year gold 4%s 1953—Way-Nov § A Costa Rica (RepubHc of i 7s 1951May-Noj; Sale Price April-Oct 6%s 1952— 8s 1952 Stamped pursuant to Plan A g A Rome 58»/a — "5% Last Period Exchange New York Stock High 98% 3s ext Cuba 35% "37% — 1961. Oct 1927 7s 1960 Since Low (Republic oil— Consol AChilean Range Jan. 1 Sold "59 1900——Mar-Sept Mar-Sept (Hukuang Ry) 5s 1951— ..June-Dec Colombia Bands Week's Interest BONDS Week's Range 16% §A6 %s 1st mtge s f 1952 6%s due ASilesia "85% "14% 11% 97 97 80 16 % "9% 1958 7s 127% 86% June-Dec 1962 to external of) June-Dec —June-Dec extended 1952 (Prov "138% 143 ...June-Dec 140% 87 8% 16 6% 11% " A4%s Sydney assented 1958. Council County Ja?i-July 1957 3%s 97 94% 54 99 ). Great Consolidated Elec 8a7s 7s 1st mtge & 1st series lo 6'/as. due 1950 extended — 99% 99% -_May-Noi; Feb-Aug external G'/as I960.—Apri/-Oct part paid 1964 part paid I960 AGs Helsingfors Italian (City) (Republic) — Jan-June Italian Credit 30-yr gtd tA7s Consortium i ext s 3s gtd gAItaly 1947 ext f s 3s (Kingdom due A5'/aS extl due 5'/2S ofi loan 7s 18 % I7 16% 15% AJugoslavia AMedellin "95 51% 51% 50% 51% 50% 51% 50% 50% 52 1/14 Feb-Ang 90% 91 142 $ 1 § A 5s 85% Ufa?/-Nov J9(i.r) 1975 to 127% 42% 44 76% 43 54 '/a 1 80 91% 91 1 78 92 142 5 129 88 35 11)54 — 85% 126 127% 79 "15% 17 77% 107 10 64 % 10% 17 67 A New assented A Small Mexico IA 5s of gALarge ~8% 9% 1966—Jan-July 9% 1 1945 A agreem't) 1945__Quar-Ja7i — _ (1942 agree'I.) "17% 1963-Jan-JuIy "17'A Large ASmall A4s of due "17% ; 1904 (assented to assented (1942 agreement) gASmall 1913 agree''),) 1963_Jan-J?(fy 15% (assented agree't) "18% 90 extl sinking fund G%8 1958„ War-Sept Stamped pursuant to Plan A (interest (Stale i reduced to cx'l reduced 9% ~2 ! CO 15% 1952 2.125 % ) sinking 2008 Plan to. 2.125%) Mar-Sept A "34 1959—Mar-Sepf 6%s fund to 14 % 15% 16 54 2008 18% 17% 19 Va 18% 90 ~2 75 90 52 52 34 36% 54 "5 52 54 31% 8 99 % 99% 101% 101% 19 loan extl (30-yn loan 1958 (City) 1953.—____War-Sept to 1963 (30-yr) extended (State War-Sept 1958. to of) Stamped pursuant reduced to „May-Noa Muy-Now 1968 7s to of) ANat loan extl ANat loan ext! f 1st 6s 127 76 assented Alegre 1961 102 101% 102 % 101% 1968 series 75% 71% I960—June-Dec 55% "55'/a 127% 6 115% 127% "8 "14% 21 118 63 71% Grande to to do Sill IA 8s external 8tamped 2% ) 99% — 52 loan 31% 31 38 58 48% reduced to reduced Stamped reduced 1967 2%) loan Anglo-Lautaro Ann A P to 1926 or Jan-July 55'% 48 % due 48% W April-Ocf 1968 "6% June-Dec 1966——_May-Noy A (Interest reduced to For footnotes page 2.25%) 27. 95% 4 91 97% 64% 73 80 -- 14% 8 1 8 1 5% 14'A "125% "75 111 — 10% 78% 66"% — 126% 77'A Atl 2001 4s July 1 5% 103 — 101% 96 104'A 1 102 105% 94% 63 99% 70% 45 80 97% . 103 95% 97% 101% 102% 35 97% 102% 103% 91 "96 100 30 % 82 64% 65% 102% 15 100% 104% RR 103 90 — — 82 65 91% 93 87% — 95% 91% 91% 92% 33 37% 87% 110% 111% 91 91 -- 100 94 Va 100 66 76% 206 61% 69 33 84% 92 V* 27 87'% 86% 94% 67 80% 88% 438 108% 116% 22 84% 6 92 84% 93% 21 97% 104% 95% 53 89 116% 117% 118% 119% 100% 101% 247 114% 123.'; 534 116 125 60 96 101% 97% 97% 100 100 58 95 100% 95% 101% 92% 92% 101% 101% 94% 100% 57% 86 8 1 95% 4%s Gen mtge 4'/„s ser C 7 90% 98 101% 5 77 83% 99% 7 97% 114% 114% 107% 110% 23 106 120% — 5 100% 112% — 101% 102 15 99% 105% 106 16 103% 98% 100 101% 102% 94% 94% 37 92 — 92 100 April-Ocf -- — 79 73- "— 85 April-Oct — Mar-Sepf 99% __April-0<:f May-Nov 114% : debs 1962 99% 80 95 92 101% Fe— Line Ry— May-No?; June-Dec 1964 A mortgage 4%s-4s A ser War-Sept ...„Jan-July 1980 1972 Refining 2%s debentures Baltimore 12% 8 8% 6% 11% Ohio Ja?i-Julj 1966 105% 100 102 — 103% 108% 97 102% 7 99% 104'A 10 93% 96% RR— mortgage 4s series A July First mortgage 5% and series — "37 -- 37% -- 38 "37 -- 36% — 38 55 Series dHe G Dec * Ref and M due 1 March and 3%% 43% 49% 37 49 % 1 51 30% 30% 1 29 34% -- "66% — — 67 Va 68% -- 45% "54 V2 47 % — 4 — 43% 48% 53 55 36 "55 36 34% 38 56% 4 — 57% — 36% 36% 10 33% 38% 36 36 36 1 35% 37 92 121 96% 74% 73% 74% War-Sept 74 74 73% 73% 74 74 June-Dec 72% 102 85 45 72% 85 87 72% 85 (2%% contingent interest) — 85% 86% 31 83 95 66 65'% 66% 113 64 75% 94 92 94 31 86 96% 80'% 79% 80% 24 79 88% 80 78 % 80 20 75% 86% 10 86% due Dec 1 1995 S'western div first (3%% fixed & First lien Bangor & Bell and 5% ser 4%s division- ref M conv Telephone of 4s series D Pa Industrial Steel Jan-July 5s Loan series 2%s C 1960 April-Ocf debs 1961.Way-Nov mortgage 2%s series J 1970 1976 Consol mortgage- 3s series K 1979 (The) Co 2%s debs -1981 Maine 90% -— 90% 90% 107% 108 93 93% 93% 11 107 22 91 95% 88 96 111% Corp— Consol & 1985—Jan-July 1976 mortgage 2%s series I Boston A Aroostook RR— mtge Bethlehem mortgage 2010— 1 1%% conting int) 1980.Jan-July Jan-July May-Noa Jan-July War-Sept 95% — __ — . 94'% "92% 95% "93% 95'A 93% 95% — ' 17 91% 5 — ' 92 95% 100% 91 98 77 82% RR— First mortgage 5s series First — 86% 20 86 % Borden 36 65 99% War-Sept ; 1996— Consol __ 94% 98% May 38 48 92% — Pittsburgh Lake Erie & West Virginia— Refunding 4s series A 1980 May-Noa 1st — 94% June-Dec 2000 1 general mortgage 61„ Toledo-Cincinnati "34 Aprll-Oct fixed 1995 1 Series IC due March Series 58% 33 % 40 "55% 1975 (4% B 1% contingent interest) July 1975-April-Oct Refunding and general mortgage 5% (2% fixed and 3% contingent inlercst) — 14 8% & First 11% 12% A ..June-Dec 97 % — Quar-Jan 1963-.- Gen Atlantic June-Dec 1960 1995 Air mortgage 3%s Line -- 100 1 -- 100m 100 ,4 102 102 97% 97% *70 102% 103 "97 97% 1977 196(1. 3%s Santa & Charlotte Coast -» — 1995 July 4s 1995 4s & COMPANIES — Corp— gold Topeka Stamped 14% 10 (interest Plan first General Atlanta U% 11 10 __ (interest J?ine-Dec to Nitrate Products Co 5s Atchison 56 (interest 2004 pursuant see A 88 97 8 119 April-Ocf Feb-Aug 1977 Associates Investment 55 % 56 A June-Dec to Plan 2.25%) Arbor Beneficial 2012 pursuant stamped Plan to 83 82 95'A % 117 1962—Aprlf-Oct 1969 debentures Series J April-Ocf sinking fund gold to external A 1963 A4'/2s convertible income Feb __Feb-A?(o 1946l to Plan 2.5%) 1999 92 4 36 14% Jan-July debentures 1st mortgage 4s (reg only) Anheuser-Busch Inc 3%s debs 55% (interest ... 1921 of 83% 74 88 54 (State of)— Stamped pursuant 7§ A pursuant A6s external A7s Plan 2012. 89% 97 "77 Feb-Aug War-Sept debs 1964 debentures fixed pursuant to Plan to 2.25% ) 2006 pursuant convertible conv 72% 100'/a "8 Janeiro reduced Rio June-Dec Was 77 105 76 69 Stamped Stamped 95 92'A 101% June-Dec American Tobacco Co debentures 3s "10 1950—Jan-July Jan-Jwfy pursuant to Plan A reduced to 2.375% | 2001 reduced 148 B 31% "55% 1961—April-Oct 1940—April-Oct fan-July (City of) 8s 1946 April-Ocf pursuant to Plan A (interest reduced to 2.375%) 2001. April-Ocf gAExternal secured 6%s 1953 Feb-Aug IA Rio de 127 "99'A series 1963 stamped 89% HI % 1973 (City of)— (interest 100 164% 95% ___June-Dec April-Oct 1961 1987 3%s 98, 102'/a stamped (interest 7%s 95% 100% "50 (Republic of) gold Gs A4'/2s assented 1958— ; April-Oct fAStabilization loan sink fund 7s 1947—April-Ocf A4'/2s assented 1968 April-Oct gAExternal sinking fund gold 8s 8s 99'A 98'% "116 711 Mar-Sepf Mar-Sepf 1959 2nd 6s f A 7s lAPoland Porto 100 101% 101% "98 April-Oct War-Sept (interest 2008 external s s 1947 Plan 2.125%) (Republic A4'/2s —. debentures First sinking fund 4'/as 1955 lAPermimbuco APeru 101 % 3 35 Development Co Ltd— A5'/2S ! 1970 debentures 3s 17 5%s due 1964 23As debentures 1971 , 36'/a 101 % 102'% Oslo debentures 3%s 101% 101 % 1953 extended 95 148 Ltd— 3%s 18% 100% 100% extl 3%s Canada of „. - "34 ....Mar-Sept (Kingdom of) 3%s 1957 May-No?; (Kingdom of) 4%s 1956™ War-Sept sinking fund 4'As 1965 April-Oct 4s sinking fund externa! loan 1963 Feb-Aug 3%s sinking fund external 1957-'—April-Oct Municipal Bank extl sink fund 5s l970__Ju?te-Dec due America of Co 2%s convertible debentures 2%s debentures 1982. (interest External §A6s 3%s "9% 14'A 17 16 Norway 6s Feb-Aug Way-Nov American Airlines 3s debentures 1966 June-Dec American Bosch Corp 3%s s f debs 1964__M;i,y-No?; American & Foreign Power deb 5s 2030 War-Sept J 4.80s Junior, debentures 1987 Jan-June American Telephone & Telegraph Co.— ' 2%s debentures 1980 ! Feb-A?(0 2%s debentures 1975 ApriZ-OcI 2%s debentures 1986 —Jan-July Netherlands Oriental mortgage 3%s 17% — pursuant 5 88 97 INDUSTRIAL May -Non 16% - "53 6»/2s i AStcured Stamped AND 1967 27/eS "18% 1963_Jan-J»fy —.-April-Oct ASecured 3%s first Aluminum Jan-July (1942 89% June-Dec 1971 — (City* of Mlnas Geraes to Southern Great Power 1922 to ASmall gAMllan 15% "15% 1933 assented new 78 158% 164% June-Dee 1961 Aluminum Co J an-July ; IA Treasury 6s of '2p extended 17'% — new 148% — Feb-Aug 17% agree¬ ... ASmall a6k — 9% 1968—Jan-July 1922 1945 gASmall a4s (1942 ftgrec'ti (assented 130 69% — 9999% Feb-Aug 16% 17% June-Dec 1910 of ment) 119 1 37 — 16% - ogrcc't) 1954 A4s new assented |A4s 1922 to 76% (Dept of) 1972.—Ja?t-July Albany & Susquehanna RR 4%s 1975 April-Oct Allegheny Corp debs 5s ser A 1962 _May-Non Alleghany & Western 1st gtd 4s 1998 April-Ocf Allied Chemical & Dye 3%s debs 1978.—Aprif-Oct Allls-Chalmers Mfg 2s debentures 1956.—Mar-Sepf __ assented new "158% Jan-July 1984 Valley RAILROAD Quar-Ja?t gASmall A5s of 75% Way-Nov 1958 of) loan 1961 Alabama gALarge Way-Nov 1979 readjustment (City Alabama (1922 55% 54 9% __ assented 72% 49 1964 1937) — 1979 "9% 9% — gASmall |A5s 64% 49 2 of (City) external 7s 1958 extl 15 -- 1946—Feb-Atty Way-Nov Way-Nov 8s 1960 bond See Cnuca A4%s assented A6s 71% 129% 129% a 76% .War-Sept 1955 to external (dollar external Yokohama — due 1899 extended 129 7 ..War-Sept readjustment 3%s , oh June-Dec conversion 6s due ugrocm'tl (1942 1968 (Republic 70% 119% 1943—May-No?; 1943— small June-Dec 1945 (Republic) Valle Del Cauca 44 Va 115 Ltd— Co 3%-4 %-4 ,r;.s external conversion 1978—June-Dec 4-4%-4%x external readjustments 1978—Feb-Aug 69% 41% „ on... 106% 54% "52% 1963 to External 79 — 70% Mar-Sepf 1953..... ser Power mtge s f 1945 due 143% 31 60 — ... 54% April-Ocf 1952 coupon 1 mtge $ 3%-4-4%s 127% 103 69% Light Co Ltd— Electric 1st 1971. 1952... to '12 of "119 April-Ocf sinking fund 6s AExtermil sinking fund (is 89 "68 % Jan-July ; 1961 AExternal Mexican S A 4 '/2s loan 1953 extended 7s Jan-July Irrigation— |A4'/2S assented (1922 agreement) 1st '27 of extended 1961 Electric AWarsaw June-Dec illVG bonds loan sterling §A7s 89 55 "69 <>%« due §A6s 52 90% 78 Way-Nov 1957__4anf-Oct 7s extl g A With March tts "116 Jan-July 1981 to External 142 Fab-Aug )904_. to '30 of (Colombia) s 5%s 17% 97 53% 44 51 ' 1971 f s Ltd— Co extended 1971 lAUruguay June-Dec 1951.... (40-yr) due Tokyo Jan-July (State Mtge Bank) 30-year 3s 8% 93 Power (City of)— 19 10 48 141 — extended 1965 —Jan-June . extended 1954 1 1977 1952 7s Japanese (Imperial Govt) AG'/as extl loan of '24 6'/2s 16% Utility Institute— 8AExternal A5 %s 5'/2s Tokyo Mar-Sept B 30-yr 99% 154 98 Electric Taiwan OJlgawa Jan-June 1977. series Public Italian 17:% Works Public for 93 158% A5%s — 30-year ext s f 3s 1977 138% 99 "97% Greek Government— A 7s 96 13 154% "153 Jan-July I960 to 149'/a "158% 99% Jan-July 1950 mtge gen \ 1944 ——Feb-Aug 1954—___—JFcb-AMff A extended 1944 A ser U- 6>As Power— mortgage 5s series II AC 1967 1955— Mar-Sepf May-Noi; __ — First mortgage 4%s series JJ 1961 April-Oct First niortgage 4s series RR 1960 Jan-July A Inc mortgage 4'/2s series A July 1970. May-Nop 71% 57% 80 "99% "75 70% 56% 80 1 99 . 78 71% 57% 73'A 101 77 57 70 77% 21 55 62% Number 5267 Volume 178 The Commercial and Financial Chronicle ... NEW YORK BOND RECORD RANGE Week's Friday BONDS New York Stock Interest '• Period Exchange Last or Sale Price Friday's Brooklyn Co Union debentures 3s Gas 1968.. debentures 4s General mortgage 2%s mortgage 3s 1980. ApriZ-Oct Cq Bush Terminal 5s gen Cons 1969—Mar-Sept 1955 93 1982-. Electric Power first 3s 1976 California Oregon Power 3'/as 1974„ Canada Southern consul gtd 5s A 1962 Canadian National Ry— Guaranteed gold Guaranteed gold Guaranteed gold Canadian 4% 4s 3 ^ 102 102 93 96'/2 Carolina 'I ' First series 96'% 99 8 89 li 85 85 — 41 100 5 84% 100 103 103 79 81% 98 2 79 ■ 1 79 106'/8 103 76% Jan-July Feb-Aug Co (perpetual) 90 Ohio 4s debs Jan-July . —Mar-Sept Mar-Sept 1965 20 105 Ry— 97 102% 102% 103% 98 104'/2 97% 69 98 94 3 104% 104% *62 11 101% 69 9714' Feb-Aug April-Oef 1965 60.... 31 106% mtge 4s (1942 series) 1st , u 100 ',f 4s ser A 80% fan-July & ref 4s ser B Power 3s 1!)74„ Pacific Ry Co— First and refund 3'/2S series A First mortgage 2r:«s series 13 Champion Paper & Fibre Chesapeake & Ohio Ry— — May April-Oct deb 1974 *95% 3s 1965 Mar-Sept 1973—June-Dec div 1989 4s 100 i 118 Vo 82 4s 1989 & Quincy RR— 1958 inc 5s couv mortgage 334s series B Chicago & Erie 1st gold Chicago Great Western mtge 5s 1997 95 % 103% 4s series 4'As 1988 1 1994 A inc A ser series B Chicago Terre First and Income & Jan Jan 103 Power 93% 96 99% 108'% 10 89 44 96% & 96 120% 89% 100'% 99'% 99'% 40 21% 27% 30 26 35 112 28% 1 2042 A „ — 78% 76 75 ref & ref 3%s ser-K & 77 103% 8 84% 110 116% 76 79'/a *72 1 78% 4 73% 95 72 79% 85'% 65 1 60% 65 101 — 71% April 1 57% 1999—April 57% 99% 71'% 80% 67'% *74% 92 *90 Jan-July 56'% 96% 64 Southeastern fan-July 73 77% 88% — — 93 70% 8 70 78 % 67% refunding mtge 23/4s-4 %s I994.7an-July J994. fan-July 71 67% 6 67 78 81 102% 97 101% 1 85 91% — — 22 — — Jan-July 99% 4 95% 102% 93 93% 18 86% 93% — April 93% 1993 J *98'% Jan-July June-Dec 99% 1985 99% 91 *90% _Mar-Sept 1976 94i% 99% 23 92'% 100 V* 5 85'% 94'% — 99'% 91 1982—May-Sept — ~1 71 M 1988 1958 gold ; 1995 4s debs Co 4%s 1961 1982 2%s Jan-JnZp 1977 mortgage 2%s 50 95% 104% 100% 103 Light 94% 99 1970 & Tunnel subordinate 87 y4 98 94% II 103 3s 90 80 91'A *88 1995 4s 91 fixed series first lien gold 83% 86 1979-Jan-July Mar-Sept 1993 debentures Mack 71 84 81 *68 & 106'% 121% 141'% 68 71 100'% *83 76 95% 22 93% 100% 101'% 95% 257 94% 95% 100% Feb-Aug April-Oct 83% 7 88 92 92 7 92 Feb-Aug 1979 93 *„ 73 71 104'% 83% 96'% 109 95 y4 96 *98'% Mar-Sept. 93 102% 103 „ — E East Tenn Va & Georgia div Hrst 5s 195G_May-Not) (N Y) first cons gold 5s l995_Jan-JuZp Elgin Joliel, & Eastern Ry 3'%s 1970 Mur-Sept El Paso & Southwestern first 5s 1965 April-Oct Edison 5s El slumped 1965 Erie Railroad 135 97 107 107 107 104 109% 105% 109'% *106 103 Co— 1990___Jan-July consol Ohio 105% 134 103 *134'% April-Oct Mtge inc 4%s ser A Jail 2015 April First consol mortgage 3'%s series E 1964_Aprll-Oct First consol mtge 3%s series F First 103% __ *__ *103% 111 mtge - Station— 95 6 88 General Ry— — *68 102 49 58% *86% *92% Map-Nov Detroit Tol & Ironton RR 2%s ser B 1976-Mar-Sept Dow Chemical 2.35s debentures 1961 May-Now 99 92'% — Map-Nov Map-Nov mortgage 2%s 1980 1st mortgage 3'%s 1982 57'% 90% 88% 1st 5 99 June-Dec 71 9 100% 101% June-Dec 72'% 68 *97% RR— (3% ser mtge 37/us Detroit Terminal 5 60% Jan-July 138'% 141'% GO 72 59 59 100 June-Dec 63 96% 96'% fan-July 2019—April mtge 2%s convertible 1 101 101 94 101% 102'% 12 60% 98% "5 *105% 106% 1st 65 60% "I 97'% May-JVo» ASecond 95% 98 99% Map-Nov 3s 74 99 % April-Oct 1977_June-Dec trust 3'%s II & — 87 93 *94 *87'% 1985 1973 2%s series I Gen 124 79% *113% 115 79% series refund Gen Detroit 79 3s Gen — 34% 34 fixed 97'% ref 25% 26 \ Lake— 96% 105'% 99% Map-Nov 1985 3 ser 3s contingent InleTest) and 1 II 90% mortgage 90 _5 Pacilic RR?— & 1 % T 94 *93% *73% Western 88 % 100 23 93% *93 May-Nov mortgage seifies A (4%% contingent interest)^ 2018 Detroit E'dison — — 28'/a 97'/« 1963 A Income 112'% 99 97 8 I contingent interest) Income 101% 22 May series A Denver & Salt 104'% 94 98 103% 31% 1973—Map-Nov ser Light Ilio Grande First mortgage 100'% 100 *27'% June-Dec series C mortgage and coll Denver & 105% 101 April-Oct mortgage and coll trust 2%s mtge & coll trust 2%s 1980 1st 102 98 "l 100 19 *93% — 2:,4s-4%s Union First 20 96% 103'A 6 ?/' mtge & coll tr 4%s 98 % 90% 10 89% 4 35'% 1993 division mtge & coll tr 5s Delaware — Feb-Aug 1965 t refund M 5s 1st 75% Duquesne 11)80 Haute and 105% 68 *30 June-Dec 1965 extended Essex 62% 20 93% April 2044 1 A ser 4s mortgage due 62 *92 fan-July 2038 mortgage conv lne 4'As Jan mortgage 3s series B 1989 Chicago Rock Island Hudson & 51 Western Ry— 2%s New 103% 21% Lackawanna & Western RR Co— York Lackawanna & Wetesm Div 79 103% 103% 93% Map-Nov A ser Jan Second mtge 90 *100 May-Nov 1982 4s 4 '/2s increased 2%s & 102% 35 Delaware 110 — 1978— Collateral trust 4-6s May Pennsylvania Division— 85 81 *103 April mortgage 4'As inc scr A Jan 2003——April Chicago Indiana & Sou then! Ry 4s 1956—Jan-July Chicago Milwaukee St Paul & Pacific ItR— Chicago & North 3%s Delaware 98% 95% — A . debentures debentures 1977 First 96% 95'% A2nd mortgage Co & '■ Jan-July A Income 102% 102% 102% April 1985 Chicago Indianapolis & Louisville Ry— A 1st mortgage 4s lne series A Jan 1983 mortgage series General Mar-Sept refunding mortgage 3'/as 1985—Feb-Aug mortgage *91 June-Dec 1978 3s High 95% 96% June-Dec mortgage 3'%s 1982 Dayton Union Ry 3'%s series B 98 105 75 27 118% 118% 96 First and refunding mortgage 2''/us iy<u__Feb-Aug 1st & rel mtge 3s 1990 Feb-Aug Chicago & Eastern III RR— conv 91'% — *97 Jan-July Jan-July Seeoiid^sCtJnsolida l.ed gold General 3s mortgage 159 __ June-Dec mortgage 1 — "First 1% 1992 inc 98% 97% Feb-Aug Feb-Aug Jan-July 1968 Jan. 1 Low 16 *98 "100 June-Dec First Refund and hnpt M 3'/2.s series D l!)9f>„May-ZVo» and imp I.- M 3»As series E 1996—Feb-A ug Refund and hnpt M 3%s series H AGeneral 97% 93% 101% 98 41 *82% 101 Refund AGeneral 10% Map-Nov 1970 1st 1987 Central First aird 10'% 95'% 96% 105'% 105'% 1966 May-Nov 1970 Morris *90 52% 3%s Burlington 10% 96'% Jan-July ref 97% No. — Jan-July April-Oct 1970 & Deere 69 98 • 71 General# 4s 106% 96 97% 52% A 91% 94 69% 4'As 1965 mtge 4s June 30 1970 First 99 ■ A Range Since Sold *99 Dayton Power & Lt first mtge 2%s 1975—April-Oct 105 ' 52% General 92% 1 97% 94 e April-Oct 19D5 Bonds 1057/8 1057/a Cuba RR— 1st lien 70% York April-Oct Mar-Sept Jan-July Imp & equip 4s 1970 Jan-July Chicago 1st 97 High payment 106'% 2020—May New to 2%s 1975 Co 3%s s f debs 1977 Crucible Steel Co of Am 1st mtge 3'/as Cuba Northern Ry— J— mortgage April-Oct 1983 107% 1 First 3%s 106% mortgage 4 '/2s series B Jan 'As mortgage 103% AGen N Friday's Low Cuba— first mtge 104% 2020 First of debs (stpd as dollars) 2001 103 % I First S Power 5 Jan & U 5 mortgage 4 %s series Chicago inc cum in 12 104'/2 AGen General 1968 Crane 86 95% 103 % 2%s Continental Baking 3s' debentures Continental Can 3'%s debs 1976 85'/8 105% 106'% June-Dec 1978 .First mortgage 4s series A Central RR Co of or Bid & Asked May-Nov June-Dec Railroads 104 3'/4S debentures I960 Feb-Aug 3'/4s debentures (1947 issuei I960 Feb-4no AJCentral Branch U P 1st gold 4s 1948—June-Dec Central of Georgia Sale Price 1976 103% 104 104 Corp Central Consolidated 1st 101 Gas First & 3'/aS Week's Range Last Period 3%s debentures 1978 94% 89 Vs 95 105% 106% June-Dec Corp 3s debentures debentures 1976 Celotex debentures A 3s 102 Natural 1st lien mortgage guaranteed 4s 1981 3%s 3'%s Consumers *93 1956 I960. A Interest D Ry— debenture Clinch field (J 1st 94 % 2 *92 1957- Celanese 4 104% 83'% 11 Carthage & Adirondack Ry— R Consolidated Airlines Lne— debs Case 97 96 % - 93 — May-Nov April-Oct Friday / Exchange High 96'% 93 — June-Dec 1955 4'/2S Low BONDS New York Stock Pacitic consol Capital 4'/2s 4%s No. — 92% __ ___Jan-July California 96% — Jun-July April-Oct Buildings 5s gtd 1960 income mtge Jan. 1 . *101 % 1976 5s OCTOBER Range Since Sold High 96'% r Bush Terminal ENDED • Jan-July Jem-July Brown Shoe Co 3J/2s debs 1971 Jan-July Buffalo Niagara Elec first mtge 2%s 1975_Map-Nov Buffalo Rochester & Pittsburgh Ry— Stamped modified 4J/2S 1957 Mpp-Nov 1st WEEK Bonds Bid & Asked Low Bristol-Myers FOR Range Division 3%s first series G 72% 71'% *— 83 83% 2000—. Jan-July *79'% mortgage 3'%s 1971—Mar-Sept *— 81% 64 70 94% 94% 12 76'% 83% 76 82% 97 93% 99 96% 72% 99 83'% __ ' First mortgage 3'/us series F 1963 Jan-July First mortgage 2%s series G 1963 Jan-July Chicago & Western Indiana 1st coll trust Cincinnati First mtge Gas & Elec mortgage Cincinnati First 4%s 1st 2%s Union ltlt 105 105 M«7/-Nov 94 mtge 2:,/4.s 1975-April-Oct 1978— Cities Service Co 3s Cincinnati Clilc St & St Louis Division first coll First mortgage 43/4s 3%s Line Gas 3s debentures series Columbus & First 65 86% 96% |8 92 96 97 97 2 96 99 83 6 78 85% 82% *100 First 3s s r 2%s s f Compania *63 Jan-July 90 100% 13 *__ Mar-Sept June-Dec — 65'% 100 — 60-! ' ' 90 69 88 8 35 92'% 95'/a - 93 100 92'% ' — 102'/a 93 100% 93'% 99 99% 96% 96% 96% June-Dec 94% 94% 3 Feb-Aug *94'% 96'A April-Oct 98'% 98% 99% 1 105% 98% 39 94% 99% 79% 61% *100% 101% w 104 69% — — 4Vis 1961—ApriZ-Oct . 1975 C Edison fund 100 *95% June-Dec — 73% 101% 1977 94% 103'/4 1977 91 *102% ' 99% 93% 102% 90% — 100% 102'% *9914 101'% — 97'/4- 92% 10 97 97% 40 99% 1 1999 5 90 99% 86 97% April-Oct 1978 86% 86'% 5 82% 91% 89'/4 8914 15 81% 92 y. 96'% June-Dec *91 April-Oct 1999 debentures 96'% Feb-Aug . April-Oct N debentures debentures ^Florida 2001 East A First 96'% 91'% _ first River Power (now refunding 5s series A 1974—Mar-Sept Denver 4%s Ry A 1961 Feb-Aug of 1965 102% April-Oct 102% 102% mtge 2%s ser A *91% mtge 2%s ser B 1977_ April-Oct mtge 2:'/4s ser C 1972JJune-Dec First and refund First and refunding 3s series D First and refund 1972 mtge 3s series E mtge ,1st & ref M 3'/4s ser 3s G ser F & ref M 3lis 3s convertible sejies debentures Consolidated Gas Co of Gas ref 1st ref M 2%s ser 1st ref f 1st ref 3'/4s M conv For 2lis mtge s Lt El 1st M 104 y« Foods 37%s A4s T ser 3%s debs footnotes U 2%s ser Y 1981 92 — *90% 94% 94 99 ' *95% Feb-Aug May-Nov Mar-Sept 1983 95 99 99 *99% __ Feb-Aug 1963 June-Dec Realty 1976 88% 89'% 101 94% 102 83'% 98% 100% *103 Jan-July 104% Goodrich (B F) General 5s General 4%s mortgage mortgage General mortgage General mortgage General mortgage A Debenture Mobile First 101 103% 102'% 101% 102'% 258 101% 102% D 1976 3%s series N 1990 97'/a 38 95 114'/« 114% 17 97% 99% 87 Va 90 85% 74% 13 69% 93% 8 92% Ohio B 92% 19'% Feb 75'/a 19% 91% 96 Va 73'/4 *70 Feb 89% 76 74 A 112% 80 20 85 75 1 12 1 96% 20% RR— Jan-July 100 100 88% *97 and mtge mortgage 2 116% 77% 84'A certificates debentures 87% 108% 102 *111% 112% 87'% 2%s series P 1982 Jun-July 2%s series Q 2010 Jan-July 2'%s series It 1961—Jan-July 1969 3%s 75'% 75% .. 1979 88% 1 97 83% 91% 95 100 75% 101% 11 102 72 82 97% 90 97 — 25 97% 84'/4 92 90% 97 Va June-Dec 1980 100 *97 *86% Jun-July — First mortgage 2%s First mortgage 2%s 1st 93 *84% West debentures elf's & Jan-July Jan-July Jan-July April refunding 3%s series D 1969-Apvil-Oct Inc 4s series B Jan 2044_ April Collateral trust 3%s 1968 Jan-July Gulf States Utilities 2%s 1st mtge 1976—Map-Nov First mortgage 3s 1978 April-Oct 3s 2 Jan-July 3'/us series O 2000 refunding 4s series B 1975 General mtge Inc 5s series A July 2015 General 93% 96'% mtge 2%s 1965—Map-Nov and First 93 Mar-Sept 1973— series Gencial General & 104% 196 Ry Co- series C Bay 98 103'% 103% Mar-Sept first 15 1037/a Corp— debentures .1969 Co Great Northern 102% 102% Jan-July 1961 Utilities & income & April-Oct Power (Bait) 1976 91% >-> 0 0 ser lune-Dec 1981 94 May-Nou 1982 102% June-Dec 93% 84'% 91% Hudson Coal 91 95% Hudson & 19 99 11 95 99% 92% 5 — 99% 102'% 95 105 96'% — 2 102% 1983 1986___ OO 1 I *93% 140 161 100% 1 — 95% — — *94 102% 93 !"89'% *105'% 106% 115'% 116 ' — — 39 ' 96 ';68 98 93 95'% *91% __ fan-July June-Dec ' 93 104% 105% 102'% 120% 4%s 89 90 Jan-July *110 115 Jan-July 90 90 1999 1970 14 86% 90 106 1 117'% 89 95% Lighting & Power Co— (conv after 7-1-53) first sink Manhattan fund first AAdjusled Income 5s Feb 1967 June-Dec 139 142% 142% 38 121% 89% 142% 90'% 89 % 90'% 13 52% 51 54'/8 194 51 19% 17% 19% 168 17% 31% 92% 92% 1 857/a 93% 97 97% 13 92% 99% 94% 97% 1962_June-Dec A 1957 A Feb-Aug April-Oct 5s ser 5s 1957 ■, 105 64% I Illinois First Illinois Bell Telephone 2%s series A mortgage 3s series B 1978 Central Consol 1981—Jan-July June-Dec RR— *96% mortgage 4%s-3%s ser A 1979—May-Nov Consol mortgage 5%s-3%s series B 1979_May-No» mortgage *97'% Refunding Debenture Illinois 4s 3%s series C 1974—_May-Noo 3%s series E 1982 Feb-A«p 1955 May-Nov 5s 1955 4%s Terminal May-Nov Feb-Aug 1966 Ry 4s Indianapolis Union Ry series A 1970 Jan-July 98% 98% 98% 94% 96 44 95% 100 8 103% 104% 105% 105% 4 105% 107 102'% 102% 71 100 104% *96% mortgage Consol Refunding June-Dec 27. — 1576—Mar-Sept 2%s mtge lirst 99% 89% ~4 99 — 158% 158% — 93% 93 — 3'%s first Ry Finance Corp 2%s 83% — — ApriZ-Oct X Household 33 — Water Valley CO 0 94% 102'/a 102'% Jan-July 1981 page Hackensack Consol 1954 1967 see 89% Map-Nov Corp 3%s debs debentures conv — Bait City— General mortgage 4'As Consolidated I 92 May-ZVou 1979_Jan-July 1981 1st & ref M 3%s ser H 1982 1st 95 90'% — 1982 .Mar-Sept refund and refund 100% 101% 102% Co— 1982 General Motors Acceptance Corp— 4s debentures 1958 Houston refund First First 101% 1 York— New First.and and 94'% *101% 102 June-Dec & 89 93% 100 G General Hocking 3%%) Consolidated Edison *99 H 3%s series Cigar Corp— Debentures 100'% 101 *91% Map-Nov 1959 mortgage 4%s Map-Nov J<m-July : Anglo-Lautaro Nitrate Conn 1961 1972 1st mortgage 3'/aS Salitrera—See Consolidated debs 3s 1977 Coast and Worth 1st Gulf 90 - t.'o— series I. debentures AGrcen — mortgage 3s series sinking 23/4s 72'% Rubber 3'%s debentures General 72% & 98% 104'% 94 1970 1975 A ser mortgage 3s 92% 100% 93'% South Ohio Elec 3'/4s 1970—May-Sept Toledo first external 4s 1955—Feb-Aug Commonwealth 10 68 97 103% 104'% Tire 96% Inc— series debentures 86 Ry— 1966 System debentures Columbus & 93'% 1037/a 93'% 1977—Jan-July 1991—Jan-July 4s 1990-May-Nou 3s 10 June-Dec Corp 3s 3%s 91 101'% June-Dec Louis 1986— first gtd & Iron debs conv ; 92'% 94 Jan-July trust First Columbia 95% June-Dec 1st 4s Electric Illuminating mortgage 3s 1982 mortgage 2%s 1985 93% 97 104% June-Dec Cleveland Short 25 9 93% June-Dec Wab & Mich Div Colorado Fuel 94 __ Refunding and lmpl. 4'/2s series E Cleveland 106y4 89'% 11 101 % 101% Feb-Aug f debs 1977 s General gold 4s 1993 General 5s series B 1993 First 101% F Firestone Fort City Ice & Fuel 2:'/4s debentures 1966 City Investing Co 4s debentures 1961 Cincinnati 105 —Jan-July 1969 mortgage 2%s series G 1974 Feb-Aug Financial Corp 2-%s 1!)59— 1_, —AmU-Oet debentures 1960 Jan-July Cleveland 99'% Terminal— mortgage gtd 3%s series E I T 4s 103% 93% — 2%s 1982 First C 95'% 23 99'% >—1 O O *98'/a -- Co— A ser 100% 100 99'% 100 103% 103% 102% *88% 90 85% 90% 91 91 Co— Refunding and Imp 2'%s series C 1986—June-Dec >90 26 The Commercial and (1590) Financial Chronicle... Monday, October 26, 1953 NEW YORK BOND RECORD RANGE Interest BONDS New York Stock Period Exchange Last or Steel 3'As Co debs 1st Si AFirst 6s series AFirst 5s AFirst series gold International 3.65s 1952 A SAAdjustment 6s 1956——jah-Juty 3 series 5s Jan-July 1956______ C Minerals subord conv July Chemical & *98% debentures series f s A 96% 109% New Power & Light 3s 1974— Orleans Great Nor 5s A 1983 97% 101 New Orleans 102% 120 __ *108% 109% 68% 71 102 % 102% 4 98 102% 100 20 A Certificates 1127/8 98% 113 94% AFirst mortgage 3%s 107 <r—I O O rH § 1st mortgage 3s 1980— Clear & 1st 1959—June-Dec 4s 90% 90% 94% Jersey Central Power & Light 27/8s 1976—Mar-Sept 85% 94% 93 941/4 K Kanawha & Mich 1st mtge 4s 1990 Kansas City Power & Light 2%s 1976 First 27/«s mortgage AprZZ-Oct June-Dec 1978 84 *93 94% mortgage 2%s 1980 Kansas City Southern Ry 4s ser *90 June-Dec 12 102% 103% 1975—.ApriZ-Oct A First mortgage 3%s series B 1968 June-Dec City Terminal Ry 2%s 1974 April-Oct Kentucky Central 1st mtge 4s 1987 Jan-July Kentucky & Indiana Terminal 4%s 1961—Jan-July Stamped 1961 Jan-July 1961 50% *98% 53 % 98 „ 100% 99 '/a 150 98% 99 1% 1% 40 2% 96 19 99 1st First Dock & RR mtge sink Lake Shore & 3%s Lehigh Coal & 3% South June-Deo *81% June-Dec First & ref 5s 79% First & ref 79 2 871/4 78 _. 79% 83 Co— 5s stamped sta nped A ser 1970_April-Oct 1964 91% 3 91% 55 *56 Feb-Aug 49 49 "l Feb-Aug 86 86 4 84% 85% 62 1984 Lehigh Valley Railway Co (N Y ) ~r First mortgage 4!/2S extended to 1974 Jan-July 84% mortgage fixed 4s interest Series B 4 %s Series C 5s fixed Series D 4s contingent E 4%s Series Series Lehigh F 5s Vailey First fixed contingent Ry general 48 87% 80% 93% 78 23 91% 3s (Pi Co 3%s 2003 1979 1976 1978— 1st second 71% 71% 2 68 79% 91 91% 91 2004— Gen mtge 4%s ser A 2019— Y Telephone 2%s series D 1982 Refunding mortgage 3 %s series Refunding mortgage 3s series F Ref mtge 3%s ser G 1884— & 1st mtge cons Mohawk A ser Power G 2003 3s *100 99 103 76 *941/4 112% 101 *96 91% . 8 100 (R Hi 101% 11 98% 91% 20 84 Pac.iic 91 82% Map-Nov 99 % , 81% 98% . *90 101% i 82% 23 99% 10 941/2 77% 94% 80% 101% 101% 103% 100 93% lien 4s lien 83 101% 92% 103% 94% ————Feb-Aug 93% 98 1972—.Map-Nov *90 *48 debentures f debentures s McKesson Mead 91 Map-Nov 3'As & Corp *99 _Feb-Aug 3%s debs 1973 s ..Mar-Sept first 1988 5s series C Relunding & improve 5s series D trust 4%s 1975 First First 93 90% 99 First 87% Paul & 1969. Mfg Saulte 101i/4 *91% *95 2%s St 96 95% __ 94% 100% 96% 100% 47% 99% 95 97 90 94 93 99 94 %u 100% 102% 7 90 99% 101% 102% 31 96 104'% Mar-Sept 1967 *92 *98 Jan-July 1967 91 95 . __ 91 97 100 % 100'/a 99 102% *95% April-Oct __ 92 99 % 89% 84 93 52 66 Marie— *84 52% 52% 44 100% 100% 91 52% 1 90 91 37 100% 87 Missouri-Kansas-Texas RR— 5s series 40-year 4s series Prior 1962 A lien 4%s series D ACum Jan-July 1962 B adjustment 5s *99% 100 Jan-July 1978— A ser ... Jan 92% Jan-July 1967—_Aprii-Oct *87 75 74% 97% 92% 11 100% 94% 103% 94 83 91% 90 96 75 % 31 74% 84% 109% 109% 22 102% 117% 117% JMissouri Pacific RR Co— AFirst ana AGeneral refunding 5s series A 1965___Feb-Aug 1975 4s 92 88% 92 314 84% series F 1977—Mar-Sept refunding 5s series G 1978—May-ZVop § A Convertible gold 5%s series A 1949„_Map-Nov 109% 108% 109% 117 102% 118 109% 109% 109% 48 103 118 AFirst and 109% AFirst and AFirst Mar-Sept and AFirst refunding 5s refund and Mohawk'& gold 5s refunding Maloue 5s first H 1980—_Apri!-Oct seris I 1981—_Feb-Aug gtd ser 4s Morrel (Johnj & 109 % Construction debentures & Tel 2%s 1986— 69% lOl'A 36 102% 118% 108% 109 % 58 102% 118% 97 1978 Map-Nov ApriZ-Oct 77 304 *64 3s debentures 1958 Map-Nov first gtd 3 Vis 2000 June-Dec mortgage 5s series A 1955—May-Noo mtge 4'/2s series B 1955—May-No® Mountain States Tel 74% 109% 109% Mar-Sept & Co Essex Construction 3%s 77 Feb-Aug 1991 Mohongahela Ry 3'As series B 1966 Morris 66% 61% 97 13 62% 24 101% 101% 2 *98 62 61% "101 87 % 96 69 97 98% 98 101% 87 % 96 63% 100% 102% 99% 10 5 100 56 % 82% 96 102 89% 100% First National 3s 3s 1986 Feb-Aug 1970—.June-Dec National B 1970 debentures Distillers series Products 2%s debs Dairy debentures 3'/es Natl Chattanooga & St Louis— mortgage 82% 95% 95% 91 98% 3'/«s debs 1974 Steel *98 % 98% 99 April-Oct 96% 96% 1 Map-Nov SB 98 % 27 *— 98% June-Dec Map-Nov 88 Pacific Mar-Sepf guaranteed debentures 4%s series. B mortgage 3s 1974 1982 footnotes see 82 96 89 86% 100 83% 77% 83 83 67 66% 67% 573% 57% 58% 89 82 89 % 95 ' __ 8 72 79% 11 80 83% 101 65% 73'A 134 54% 100% *ioo/v *98 99 102 68% 102 99 6% 7 72 61/2 2% 7 2% 22 2% 3% 6 861/2 93% 93 92% • 93 65 *64 80% 52 Va 92 92 ■ 8% 58% 70 50'/a 61 % 8 86% 94% — 89 98% — — 105 1051/4 88% 90 *90 % s 114 94 101% 2 90 % 99% ; *101% 86% 16 95% *106% 68 105 43 . *96% 95% c- 80% 7 60 % 51% 52 11 I—4 O O 7 80% 58 % — 61% — 103% 103% __ 105% 3 114 95% 95% 102V4 120% ■ 106 106% 106% 106% 28 104% 103% 104% 54 104 106% \ 108 101 *106 — 106 % 97 106% 93 *100% 102 lOl'A 64 76 75% 70% 66% 66% 5 61% 97% 977/s 6 91% 101 103 103 »/2 4 97 105% 103 103% 96 1061/2 103 97% ■72 104 __ 103% 2 101% 20 *89% — . 82 95 71% 105% 93% 93 85 % 92% 95 8 94% 92 93 % 93% 102 »/4 — • — ' _ 90 *86% — 86% 92% 91% -- 96 96% — Map-Nov April-Oct page Mar-Sept Jan-July 1986__Feb-Aug 96 « 100% 88 ' ' 94 91 — 95 86% 3 94 -- 95% 95 94 — — 102% 102% 97% 65 100% 100% 100% 102 101 'A Pacific Tel 2%s 96% debentures 3%s debentures debentures 3%s debentures 3%s Pacific Western Oil Paducah 4'/2s General 5s General 4%s *105% 106% 95% 95% 10 91 *93% 100% 91 *97 94% *80 100% 85 80 109 % 99 99% 100% 80 series 1968 D Light & 1981 series E 1984 series F 1985 & First & First 1st & & 22 88% 98% 91 % series B refunding 1977 2%s 1981.. refunding 2%s 1978 refunding 3%s 1982 mtge 3%s 1983 tACertificates 1st sink fund 4s 1937 of 82% 95 95 93 1 97% 97% 5 95% 91 *93% 95% 89% 93 94 101% 100% 101% 11 106% 106 % 106% 12 103% 7 82% 26 89 % 99 99% 24 94% 97% 98 90 9 *98 94% 101 85 101 95 99% 105 % 105 1001/2 — -- 94 . 95 101% 98% 99% *90 V2 92'A 98% *102% 103% *101 106% 931/4 97% s> 98i/4 95'/8 104 Va 99 97 99% 97% 1011/8 87 — 42 ' 100 % 87% 92% IOIV4 981/4 27 105 109% Feb-Aup June-Deo 106% 104% 104% 104 % 60 109% 108% 109V4 101% 1051% 12 105% 1091/4 98 98 98% 47 92% 98% 98% 98 98% 25 92% 98% 81 ApriZ-Oct Jan-July Jan-July Jan-Juif 93 851/2 - *94% 79% 81 14 74 % 102% 8 101% 102'/a *89% 90 — _ 97 85% 821% 105 90% 50 51 16 49 611/4 94 94 94 19 89 98 107 *108% 110 Feb-Aug 1974 refunding 2%s 1974 lAPhilippine Ry — 106% 107% Coke Co— 1981 gold 4%s series C ref 95% *90% April-Ocf ref mtge 3%s ser H Philadelphia Electric Co— First & refunding 2%s 1971 First & refunding 2%s 1967 & 97% 95% June-Dec June-Dec Peoria & Eastern first 4s external 1960—ApriZ-Oct A Income 4s April 1990 April Pere Marquette Ry 3%s series D 1980 Mar-Sept Philadelphia Baltimore & Wash RR Co— First 87% June-Dec fund 4%s 1960 1965 A 3%s 99% 10S B 4%s 101% 98% series series mortgage 93% 73 93% mortgage £V2 981/a 96 90% General 5s 91 90% General General 43 *92% sinking Consolidated General General 100% 97'% RR— Pennsylvania Gas 101% 92 April-Ocf 1987 April-Ocf 1978—, —Mar-Sept 1983 Mar-Sepf 1981 Mar-Nob 3%s debentures 1964—June-Dec 1st s f gold 4%s 1955—Jan-Juff Glass Sand 3%s 1960 Pennsylvania Power & Light Co— First mortgage 3s 1975 & 92% 3 94% 1986 Pennsylvania Peoples 14 98% 96% 97% 96 Pennsylvania-Central Airlines— — A3'/as convertible inc debs Sept 1 1960—April-Ocf 100% 101% Illinois & 103 V2 98% 98 1985—June-Dec 2%s debentures 3%s 101% 98% Tel debentures 9J 100% *100% & 100 1 102 98% 98% 102% 103 103 June-Deo Mav-No® May-Nos June-Deo Feb-Aug Jan-July Map-Nov *94% Jan-July 25% 16 99 IIO1/2 107 88% 95 97% 97% 96 V2 96% 38 92% 93% 93% 10 87 90% 90% 3 87% 94% 94 94 1 90 97 100% 101 10 96 106 25% deposit— 27. 4 96% *92% , Co— 3%s series I 1968 June-Dec 1970 June-Dec First & refunding 3s series K 1971 June-Deo First & refunding 3s series L 1974 June-Dec First & refunding 3s series M 1979 June-Dec First & refunding 3s series N 1977 June-Dec First & refunding 2%s series P 1981— June-Deo First & refunding 2%s series Q 1980 June-Dec First & refunding 3%s series R 1982 June-Dec First & refunding 3s series S 1983 June-Deo First & refunding 2%s series T 1976 June-Deo First & refunding mtge 3%s ser U 1985_June-Dec 1st & ref M 4s series V 1984 June-Deo First 1961 3s debentures 1974 New Jersey Bell Telephone 3'As 1988 New Jersey Junction RR gtd first 4s For 86 3 V ■. 87 77% June-Deo 19B4_ Electric & Gas 96% 21 England Tel & Tel Co— First 3s 90 June-Dec Corp 1st 3%s 1982 National Supply 2%s debentures 1967 Naugatuck RR first gold 4s 1954 New *88 June-Dec 1976- Products 98% 2 3 *85% mortgage 2%s 1975— First N Nashville 96 *84% Telephone—- Bell first Edison First 96% Mar-Sept mortgage 4%s inc series A Jan 1971 May AGeneral mortgage 4s inc ser A Jan 1991 May Mission Corp 3%s s f debs 1966— June-Dec Missouri Kansas & Texas first 4s 1990 June-Dec lien 83% P First Prior 87 % 64% 92 11 96 2047—Jan-July 2047—Jan-July Mar-Sepf i—April-Oct First mortgage 2%s 1980 ..Map-Nov Oklahoma Gas & Electric 2%s 1975 Feb-Aug First mortgage 3s 1979 ; June-Dec First mortgage 2%s 1980 Map-Nov First mortgage 3%s 1982 Mar-Sept Oregon-Washington RR 3s series A 1960__ADrll-Ocl Ohio 47% *95 April-Oct . mortgage 3%s 1969. sinking fund debentures St 94% 66 56 1 64% 57% 12 first mortgage 2%s 1977—April-Oct mortgage 3s 1979 —Mar-Sept Relunding & impL 4'/2S series C 1979 Jan-July Michigan Cons Gas first mtge 3%s 1969—Mar-Sept Minn 74 66% 55% 61% 58 % 83% refunding 3s series J & 21 93 refunding Minnesota, Mining 78% 68 57% ... 62 (Wisconsin) & 3%s 69 71% first mortgage 2%s 1974 Feb-Aug 1975 April-Oct mortgage 3s 1978 —Jan-July mortgage 2%s 1979——* Feb-Aup mortgage 3'As 1982 June-Deo & First 21 60% — mortgages 2%s First First 27/«s 78% Co—- Power States Northern First mortgage 86% 61 % 943% 87% Quar-Feb 2047 Michigan Central— First 78 74% », 58% Quar-Jan 1 Michigan Bell Telephone Co— debentures 72% 68% 89 *58 61% registered 2047—— Quar-Feb <& improve 4%s ser A 2047—_Jan-JuZp Northwestern 88% mortgage 3s 1966 June-Dec Metropolitan Edison first mtge 2%s 1974—May-Now First mortgage 2%s 1980 Feb-Aug 3'/«s May-Nou Quar-Jan 1977 Jan 3s 2%s debentures 90 91 1972____Jan-JuZp 1978.! Robbins 62% 121 77% o & Co 27/«s debentures 2%s 1973— 1997 4s registered Firsl 90% 1982 Stores 101 70% 73% * Collateral 99 mtge 2%s 1.979—May-ATop Manati Sugar 4s sinking fund Feb 1 1957..May-Nou RR (Southern Lines) 4s 1959 Dept 64% Ry— Refunding & improve 104 103% 103% Mar-Sept 1955. Manila May 99% ' Refunding 96% 96 Natural Gas debs 4%s M Macy 102 60 Corp— Northern 3s /2 Jan-Jury Jan-July Jan-July Jan-July E 1978—Feb-Aug 1981—__Jan-July ..Jan-JuZp Jan-July April-Ocf Gen mtge 3%s 1983— Feb-Aug Norfolk & Western Ry first gold 4s 1996—April-Ocf Northern Central general & ref 5s 1974—Mar-Sepf General & refunding .4%«. «s«»r A 1°74——Mar-Sent mortgage General 85 — 100% 101% — 103% Apr«-Oct April-Oct 1980 4s 92% 101'/a 78 (Minnesota) ser — * 2%s 1980 2%s 1980 mortgage General Prior 94 83% 15 109% ApriZ-Oct F 2003 ser gold Elec mtge 3Vus 71% RR— mtge 3%s & 74 April-Oct Cincinnati Div Louisville Gas 61 % Mar-Sept mtge 3%s ser H 2003 Div 6 _Aprll-Ocf refund & 63% June-Dec 1963 First Knox & 63% e mtge 27/»s Louis 68% 63% 1952—_II.June-Dec refund Atl 88'% May April-Oct First & St 79% 79% 16 58% 57% Mov-won debentures Nashville First & refund 71 56% 1 73% 83% *81 58% April-Oct 1965 1976—_! debentures Louisville & l.o first 5s 104 91% 99% 76% Jan-Juff 1963— Northern 7s series A 3s debentures 73% 73 % 75% May 2003 4s .series. Electric May 63% 3 65% — Long Island Lighting Co— 1st mortgage 3%s serD Lorillard Map-Nov 65% 65 % May-Nov 2003 interest extended 5s 2003 2003 interest Ry 95 70 % 60% ref 4s June Corp first 3%s General —Maw-Nov interest contingent Terminal mortgage SALombard interest 2 11 64 64% 70% 77 Susquehanna & Western RR— 1st mtge 4s 1994 — Y 1st bonds— 2008 interest Lexington & Eastern Little Miami Steam Niagara consolidated A tN 93 Lehigh Valley RR— Series 1973 A Y N N mortgage 5s extended to General 4%s ser Ontario & West Term Feb-Aug 1974— 96% 85 Lehigh Valley Harbor Term Ry— First 92 — Map-Nov -Jan-July 1954— 4s N N gold 3%s 1997—June-Dec Navigation & N 1968 A ser 93 % .—— 1997 Sinking fund mortgage 3%s Lehigh Valley Coal Co— 2007—Jan-Juff inc 4%s series A 2022__May Port Chester- conv mortgage mtge Y 96 102% 93% 98 97% — 102% 93% RR— 1992..Mar-Sept AGeneral 4s 1955— —June-Deo Y Power & Light first mtge 2%s 1975__Mar-Sept Y & Putnam first consol gtd 4s 1993 April-Oct Y State Electric & Gas 2%s 1977 Jan-July Terminal- fund Mich registered Hartford & mtge River First tAN Lakefront — — refunding mtge 4s ser A & Harlem 3% 96% Hudson & Haven AGeneral 100% 92% __ mortgage 1 3%s New First 161 1 Y N 99% 95 *14 Mar-Sept 111% 47% 50% 99% *95 April-Oct 96% 104% — 99% Jan-July April-Ocf ... 104% 103 95 *105% Jan-July 1961 unguaranteed Kings County Elec Lt & Power 6s 1997 Koppers Co 1st mtge 3s 1964 t AKreuger & Toll 5s certificates 1959 100% 98 *100 Kansas 4'/2S 95 June-Dec 1st Plain 91 88 "80 92 92 registered 3 %s 87% 91% 92% — ■ River RR— 1997. Jan-Juff 1997 —Jan-July Lake Shore collateral gold 3%s 1998 Feb-Aug 3%s registered 1998 Feb-Aug Michigan Cent collateral gold 3%s 1998—Feb-Aug 3%s registered 1998 Feb-Aug New York Chicago & St LouisRefunding mortgage 3%s series E 1980—June-Deo First mortgage 3s series F 1986— April-Oct N Y Connecting RR 2%s series B 1975 April-Oct N Y & Harlem gold 3%s 2000 Map-Nov Mortgage 4s series A 2043— Jan-Juff Mortgage 4s series B 2043 Jan-July N Y Lack & West 4s series A 1973 Map-Nov 4%s series B 1973.Map-Nov Central Y General Franklin 17 95% 97 — —Feb-Aug 2013—April-Oct impt 5s series C 2013 April-Oct Relunding & N Jamestown Feb-Aug Refunding & impt 4%s series A 96 High 105 Central RR Co— York New 1 1 103 10 96 ApriZ-Oct Consolidated 4s series A 19981 94% 98 *93 * deposit ACertificates of *97% 100 95 * 1954 series A Jan. 1 Low NO. 94 — Feb-Aup 1956 4%s series D 5 %s AFirst Range Sine* Sold " 103% 103% ApriZ-Oct 1956 Certificates of deposit A 90 80 90 High *92 of deposit— A Certificates AFirst 99 Jan-July 1978 Bid & Asked Ry— deposit C Bonds Friday's or —.—Jan-July May-Nos 1954 B of series 5s 1977 Mexico & Texas series 5s 3%s Terminal Orleans AFirst Interstate Power Co— 1st Sale Price Mar-Sept New Jersey 79 62 2 *87% Mar-Sept 1977—, 126 71 102% 103 103 Inter Rys Central America 1st 5s B 1972..Map-Nov Interstate Oil Pipe Line Co— 3'/8s High 102% 102% 102 3/4 Corp— ———Jan-July 1977— debs Low 56 High No. tNew Jan-July 1952.v_—April-Oct —... series A Last Period New York Stock Exchange Jan. 1 Low Mar-Sept mortgage 3.20s series I 1982 ^International Great Northern RR— Week's Bangg Interest BONDS tange Sine* Sold Bid & Asked Sale Price Mar-Sept 1972 OCTOBER 23 ENDED Friday Bands Friday's Low Inland WEEK FOR Week's Range Friday \ I 95% 103% 106 2 104% 25% 13 171/4 25% 25% 9 16% 25% 106 Volume 178 Number 5267 The Commercial and Financial Chronicle ... (1591) NEW YORK BOND RECORD RANGE Friday BONDS New York Stock Last Period Sale Price Exchange or 3.70s deb conv 2%s' debentures 1964 Feb-Aug June-Dec 1983 97% 107 y4 Pillsbury Mills, Inc 3Vis s f debs 1972 June-Dec Pittsbgh Bessemer & Lake Erie 2%s 1996__June-Dec Pittsburgh Cincinnati Chic & St. Louis Ry— Consolidated guaranteed 4s ser F 1953 Cpnsolidated guaranteed 4s 98 Low 102% 4 Vis 101 *102ya 103 II *102% 101% • 108 108 107 106 general 5s series C 103% 97 103 101 99 99 95% 95 y» ■■'j;' —- 106 — — 90 — 96% 98 first refund 100 100% — RR of New Cent mtge Union 94 Oil 3%s 100% 97% — 99% 100 , 31 100% 100% 96 of 91 97% 102 115% 96% 106 106 94 94 1 % 38 89% 96 y4 101% 101 % 49 97% 102% 93% 93% 89% 2 90% 121% 9 101 % 101 % 91 9 120 -June-Dec 1985- _Jan-July 3%s 1974 -June-Deo 10 -Jan-July 1961 96% 126 96% 103% 94% 99% 56 52 52% 80 48% 16% 16% 87 13 20 V4 93 16% 98 95 97 impt 3%s 1960_. June-Dec debs 97% 87% 114 *95 .April-Oct .Mar-Sept *93 95 " ' Union Pacific 100% 93% 102% Union United Biscuit 201% 3%s 99% United Tank Car 4%s Co of 96% 1st mtge & 11 97 103% 1st mtge & 4%s 95% 93% 95% coll 98% 99 I 103 105% y..- 102 y4 90 94 % 1966—. .ApriZ-Oct 95 84 % 84% 5 105% 105 % 2 *95 13 96% 95 245 109% 89% 96% 88%- 79% 103 97 105 % 92% 97 .Mar-Sept 3%s 1971 3%s 1972 1972 1976 *— -Jan-July _Jan-July —Feb-Aug *92% 104% 104 % 104% 6 100 % 104% 101% 101 % 102% 42 98% 104% .April-Oc* trust 105% 7 100 % 105% 1 81% 90% 96 102% 95 90% jT 82'% *— 1959-. .Mar-Sept debentures 102 % __ 82 % .ApriZ-Oct 3%s 101% 105% 105% _May-Nov 1967 Pictures 92 100 92% 4 093 105% .ApriZ-Oct I trust debentures Universal 2%s 1977 coll f debs s America 1973 Corp 2%s 1970 84 2%s *94% 99 June-Deo .May-Nov debs f s U S Rubber 2%s debentures Jan-July 1970 1976 debentures Gas 25 100% 100% debs 1972 -Feb-Aug Refunding mortgage 2%s series C 1991. -Mar-Sept 101% 132% 109 95% June-Dec -May-Nov 2%s (subord) 97 86 94% 98 % 100 RR— 98% 96% 93% 1980 1982 debentures 127% 98 ' _ 93% 102% 102 % *92% * .May-Nov California 190 —— 1968 debs conv 9 - — 2037—June-Dec 1964 94 y4 Pacific— Orleans ref and 3%s —— ' — June-Dec Quaker Oats 2%s debentures 95% 90 .Aprll-Oc* -May-Nov gold 5s 2000 M 3%s ser E 1st mtge & coll tr 2%s 98 94 — refunding mortgage 3s 1972—May-Nov refunding mortgage 27/8s 1979_Ju»e-Dec 3%s debentures 1972 90 1990-. .April-Oct and debentures 1st *99% May-Noc 8s 91% 92 *90 Aprii-Oct — ■ First and refunding mortgage 3>/4s 1968—Jan-July First and refunding mortgage 5s 2037 Jan-July refunding High 85 89 1970_. .April-Oct Pacific Ohio 2%s and 102 96% *94 Union Electric Co of Missouri 3%s 1971 _May-Nov First mortgage and coll trust 2%s 1975. -- " May-Nov and 91% Low ♦— 2019— .Jan-July 3%s series B Tri-Continental Corp 27/8s 99% 3s *90 Mar-Sept and M Pacific-Missouri Tol & 100 104 *105 Feb-Aug Jan-July First C JThird Ave Ry first refunding 4s 1960 AAdjustment income 5s Jan 1960 June-Dec First series refund M 3%s series C and & Texas 100 3 *105% Mar-Sep# Providence Terminal 4s 1956 Public Service Electvic & Gas Co— 3s debentures 1963 Jan. 1 No. u Feb-Aug mortgage 96 impt M 4s General 102 - — 97% 97% 90% tange Since Sold *90 Jan-July May-Woe impt 2%s series D 1985 Term 7 *97% 100 —June-Dec general 4 Vis series D 1977 Plantation Pipe Line 2%s 1970 Potomac Elec Power 1st mtge 3J/4s 1977 First mortgage 3s 1983 First mortgage 2%s 1984 99 1972 1973 and First 101 96% 18 91% Jan-July Jan -July 1966 and Texas 101% 96 101 2%s debentures debentures First and refund 86 96% *96% 100% debentures Refund 107 -- 2%s May-No? Texas Corp 3s debentures 1965 Texas & New Orleans RR— 107% 4 82 * Corp Co Refund 109% *83 May-Now 1959———April-Oct 1974 Oil & 2%s 1971 Bonds High Terminal RR Assn of St Louis— 106 fl09% 9 April-Oc# First First 107 106% 106% First general 5s series B 1962 Swift 108 3 April-Oct First mortgage 4'/2s series C I960 April-Oct Pittsburgh Youngstown & Ashtabula Ry— First Sunray 108 e- — Range Friday's or Bid & Asked 104 102% *108 Sale Price 101V* Coal— series B 2%s 96% 90% *100 3Vis debentures 1965 Jan-July Pittsburgh Plate Glass 3s debs 1967 —April-Oct Pittsburgh & West Virginia Ry— First mortgage 4'/2s series A 1958—— June-Dec mortgage (N J) debentures debentures 1974 99% 95 Pittsburgh Cine Chicago & St Louis RR— First Standard Oil 107% ~ Last Period Low 100 V4 — Week's Interest Exchange High 94 230 ~ BONDS New York Stock 2%s June-Deo 23 Friday 24 *97% II Consolidated guaranteed 4s ser H 19C0—Feb-Aug Consolidated guaranteed 4y2s ser I 1963—Feb-Aug Consolidated guaranteed 4y2s ser J 1964_May-Nov Pittsburgh Consolidation OCTOBER Jan. 1 No. 106 % 107% June-Dec General mortgage 5s series A 1970 General mortgage 5s series B 1975— General mortgage 3%s series E 1975 Pittsb Coke & Chem 1st mtge 3'/is 1964 ENDED Range Since Sold High 97% 1957—May-Nov G ser Bonds Friday's Bid & Asked Low Phillips Petroleum WEEK FOR Week's Range Interest 92% 92% 93 96 95 97 R Reading Co first & Reynolds Tobacco (R J) Rochester Gas & ref 3%s series 3s D debs 1995—May-Nov 1973 81 Vi 81 81% 59 78% 98% 7 95'% Vandalia RR consol gtd 4s series A 1955. ._Feb-Aug Consol sinking fund series B 1957—,,-, -May-Nov Virginia Electric & Power Co— 86% 98% April-Oc# ioo y. Electric Corp— General mortgage General mortgage 4'/2s series D 1977 3V4s series J First Mar-Sept 1969——Mar-Sept 96 £6 "l 96 96 and 100% First Saguenay Power 3s Lawrence & Second St gold Louis-San 1st series A Adirond'k 6s 1996_ Francisco mortgage 1st 1971 1st 5s First bond 4s certificates inc bond Paul Union V Jan-July Jan 2022 Seaboard 1st f s 3s _I Oil -.2Vis South & North Oil 2%s ~~ 118% 2%s debentures debentures 1965_. Southern Natural conv Pacific First 4%s . 4%s 4%s 99 93 96% 97 393 93% 99 ioi y4 92% 93% 93% 27 „ West 34 91% *96 — 91% 91% 40 91% 93 4 92 " 40 93 *71 3 90 72 1st 108% -June-Dec 103% 103% 102% __Mar-Sept May-Nov —May-Nov 1st mtge 3%s ser A '75—June-Dec 1986 108 108% 72 82% 4%s 92 90% mortgage First mortgage 2%s series G 1961 Ry first consol gold 5s 1994 and general 4s series A 1956 1996 and 6s series A 93 general Orleans & 6%s series A 3%s 1977 Southwestern Bell Tel debentures 108% 5s Coil first Standard Oil Co debs debs (Indiana) 93j/4 94 ' 100% Union debentures series A Electric 4V2s debentures mortgage debentures 95 103% Winston-Salem S B first 78 80 92 113 101% A 103% 106% 107% 106 % 106% 5 106% 109 107% 107 % 4 107% 110% *105 7 106% May-NotJ Certificates of Electric First mortgage Wisconsin Public 2013 83 97 97 93% 67 63% 67 92% -April June-Dec 92% 92% Included 93 73 88% § 101% 102% 233 97 7 — 98% 6'1 % _ 15 95 95 — 97% 102% 105 ya 101 61% 62% 29 60% J/e 59'/2 20 58% 67 30 99% 104 59 *104'% -- Jan-July — 68% 104% -- *93 — 106% 92 — 101% 102'/4 101% Jan-July D 1967 96Va 100% 22 104 94% 95 7 92 99 90% ' — 1958 - 1960 4s 1st — i 91 5 88% 96% . Service 101% • *99% — 77 — 77 78 77 73% May-Nov 5 74 80% 69 63 75 — — 63 63 _ 93% *86 — 81% 77 . June-Dec — 73% 38 75 „ 72% ^ 1976 97y2 101% ' — 2%s ioi y« 104% — deposit Power 94% 95 *100'% Jan-July 1936 94% 91% 99 93% 95 Jan-July 4s ~2 137 95 % 95 '/a *96 Ma Jan-July May-Woo ApriZ-Oct ; ■ 84 91 93 — 101 Mar-Sept 3%s & delivery the 1.971 Power sale year's range, in the 112% year's Friday's bid and A Bonds Jan-July 95% — "I 95% not n range, 2%s 1976_Jan-July included in the year's Under-the-rule sale d Ex-interest, range, not included in the e Odo-lot year's range, r sale not Cash sale y Ex-coupon. asked or reorganized under Section 77 01 prices; no sales being transacted during current week. selling flat. AMERICAN STOCK EXCHANGE WEEKLY In AND YEARLY RECORD the following extensive list we furnish a complete report of the transactions on the American Stock Exchange for Oct. 19, 1953 and ending Friday, Oct. 23, 1953. It is compiled from a report of the American Stock Exchange itself and security whether stock or bond in which arry dealings have occurred during the current year. RANGE Week's Last Exchange Sale Price , Par ACF-Brill Motors Acme Aluminum • Alloys —1 Acme Wire Co common in Adams Aero Hat Stores Supply Inc —l Air Manufacturing Associates Inc 2% common.. (N J) 5 —1 Air-Way Electric Appliance Petroleums 3 7% 8% 7% 7% -3 Ltd 10% £% 1 12% 12% -800 1 It Friday Range Since Jan. 1 Low 1,300 High Oct 1% Jan Alabama 3 Sep 6% Jan Alabama Great Southern 100 25 Jun 29 Feb Alabama Power 4.20% 4 Mar 600 2% Oct 1% Sep 3% Feb 9% Aug 5,900 8% 2.400 6 y4 Jan 8% Oct Alles & Fisher 1,600 x9% Oct 14% Jan Allied Internat'l 12 Sep 15% Feb Allied Products 11 12% 1 200 3,500 13 Oct 13% Mar 1% May footnotes see page 31. Alaska 2 Corp 8% May 7% Oct - \ For Gas Airlines preferred Inc All American Engineering Co Alleghany Corp warrants Allegheny Airlines Inc Altes Brewing is week beginning Monday, intended to include every common Sales Range for Week Shares 15% 16% 94% 94% 4% 94 % Range Since Jan. 1 Low High 107% 109 4% 2,500 4 13% 103 89% Jun Jan Jun High 16% 112 Oct Aug 99% Mar 6% Mar 2% Sep 1 % 1% 400 1% Aug 2% 1% 1% 1% 6.600 li7« Sep 3% Mar 2% 2% 3 1.700 2% Jun 3% 6% Jan 1 ,10s 1 1.500 1 Investing cap stock—1 (Mich) common 8 Co 15% SO 100 Week's of Prices Low Par 1,700 2 y4 Last Sale Price American Stock Exchange 600 A the 23 8% 2 y8 — Alrfleets Inc AJax 4% 27 Agnew Surpass Shoe Stores Ainsworth : % iff 27 2% OCTOBER STOCKS Shares High 4% —l Manufacturing *ENDED for Week of Prices Low warrants WEEK Sales Range Friday STOCKS American Stock FOR 7 90 104% 99% ioo% ioi y4 59'% 101'/b May-Woe _ 57 90 . — 104 y2 Negotiability impaired by maturity. * 102 % 4 104% 104% 53 ya — *87% f Companies reported as being in bankruptcy, receivership, the Bankruptcy Act, or securities assumed by such companies. 101% — Aprll-Oc# in not included 102% 66 22 98% 104% *53% Jon-July 2%s 1979 Electric Light Deferred a 91 % 104 Y Yonkers — 91% si y8 114% April-Oc* 1.980 mortgage 3s 110% 100 & Co first Wisconsin 120% 36 2361 1965 JASuperior & Duluth 95% 120 102% 67% 101% 104% Jan-July tWisconsin Central Ry— §AFirst general 4s if)49 A Certificates of deposit- 85% 119 3 30 May-ZVou 1981 series 96% Inc— 1982 3%s 17 74 68 '/a 107'% Corp— 53 10 97 106 y4 1971 102% 103 80 85 ya 86 67% Mar-Sept Wilson 84 88 y8 75 7 107 Mar-Sep* Wheeling & Lake Erie RR 2%s A 1992 Mar-Sep# Wheeling Steel 3%s series C 1970. _^_Mar-Sep# 98 76 y4 3 92 Telegraph Co— 105% 96% 2 78 91% _May-Nov 1960 5s 80 78 Jan-July A ser 97% 102 1985_—April-Oc# 1967 3%s convertible debentures 1021/4 83% Co— 84 102 Jan-July May-Nov gold Products Co subord conv RR mtge 3%s 103% 104 April-Oct Jan-July — 2%s 105 99 1 — 80 78 -April Feb-Nov — : 3%s *92 Jan-July guaranteed 105 % *77% 1956—April-Oct 1983— ASpokane Internal.1 Standard 4s 2%s Northeastern RR:— Joint 3%s Pacific ref Westinghouse 80% 99% April-Oct 1956 Memphis Div first gold 5s 1996 New 12 89 *94 — 1976—May-Nov 1966— 2361 98% 84 84 Jan-July Southern Devel first 106 103% 103% £6 V2 Jan-July First Devel and general & 30-year 97% 68% 3%s I mortgage 3s guaranteed 1979 Shore Western 96% 96% debentures conv registered Western 92% 111 Southern Pacific RR Co— Devel 89 104 y4 101% 102 100% 100% April 1991 1971 Maryland Ry 1st 4s ser A 1969 1st mtge 4%s series B 1976 98 85 % 110 Co 3%s series B Western 107% 95 % 91 -Jan-July 1977 F „ '102% 105 April-Oc* West Penn Electric 3%s 1974— West Penn Power 3%s series I 1966 101 % 95% 87 moiTgage General 97 94 36 Jan-July ; series 1973 94% 96 94ya ApriZ-Oct 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%s 1967 Jgn-July Co— — 2%s C 99 92% — - .April-Oct ser 94 y4 99 - _Jan-July mtge income 4%s series B Jan Warren Petroleum Corp— 3%s conv debs (subord) Co— 1973 First mortgage 2%s series E 86 »/2 1 Co— Walworth 4 92% RR 118 y8 __ 99 96% June-Dec 1981_ San Fran Term 101% 96 II -May-Nov 3%s 118 % 6 92% Jan-July 1969— Gold 5s 2003 Gen ' Co— Gold gtd 1995 106 ,a „ ~_. Feb-Aug A *94 — 94 April-Oc# 1958_ 102'/a 86ya __ 93 April-Oct 1994— (Oregon Lines) 94 1981— June-Dec mtge 4s income series A Jan 1981 First Gas debs f s 1 126 „ ._Jan-July _ —— 2%s I ser 1982 J B First *91% 93 — 1985 Ry 5s series 3s 100 % „ 100 *100 1963___ 1987 Indiana — 118% ~~ Jan-July Southern Bell Telephone & Telegraph 3s debentures 1979 2%s 110 115 June-Dec 1976 5s 3%s ser Gen 4s Ala RR gtd consolidated Wabash 101% — — ~~ 1983— debentures Socony-Vacuum & refund mtge 3 %s 92 ■ —— —June-Dec 1966 __ debs ref First lien and ref mtge 112 93 96% *95 Mar-Sep# 2%s 1974- Sinclair Oil Corp— 3%s subord conv 103 *93 Pipe Line 3.20s s f debs 1982—-.April-Oct Union Oil 2%s debentures 1971— _April-Oct t§ASilesian-Amer Corn coll trust 7s 1941 Feb-Aug 4%s 100 mtge 94 95% 4 1975— Mar-Sept 3s series F 1978— Mar-Sept Virginia & Southwest first 99% 81 103 Shell Southern 91 29 *95% Service Southern 20 85% May-Nov 1977 Sons & debentures Skelly 99 85 '/a May-Nso 1989_Jan-July gold 4s 1968—-June-Dec 1980 debentures (Jos E) & First 98% Co— mtge 3s series B 37/as Seagram 86 E ser loo y» 101 — w 1989 cons RR 77% 78 ya — mortgage 1st 97% 70% • 85% Depot Air Line — 99 -May New & 74% Virginian Ry 3%s B 1971 .___—April-Oct England 1st gtd 4s 1989—May-Nov Scott Paper 3s conv debs 1977— ——Mar-Sept Scioto 96 *79 certificates Nov St Paul & Duluth first St ——April-Oct 1997 mtge inc 4{/2s series A Louis-Southwestern Ry— Second 4s *69% Co— 4s series A ASecond St 96% 1996-Jan-July — Ry * Mar-Sepf gold mtge 2%s 100 *100% 103 'A and refund mtge 2%s ser G 1979— .June-Dec and ref mtge 2%s ser PI 1980 Mar-Sept First St refund First and refund *99'% 102 —— 1 Jan Jan 7 % Mar ~2% 2% 2% 400 2% Oct 29% 28% 29% 750 25 % Jan 32% May 2% 2% 2% 700 2% Jan 3 % Mar 3% Apr 27 Commercial and Financial Chronicle.. The FOR WEEK 23 ENDED OCTOBER Week's Friday Friday Week's Sales Last . Range for Week of Prices Shares STOCKS Sale Price Exchange American Stock Low Par Last STOCKS Par High Low v Sales Range for Week of Prices Sale Price Exchange American Stock 1 Range Since Jan. High. Monday, October 2G, 1S53 EXCHANGE AMERICAN STOCK RANGE . Shares Low , Range Since Jan. 1 High Low High ' 1 * of America— Co Aluminum Industries Aluminum Industries Ambrook 11% 4% u Natural Gas Co Anacon Post Rights Louisiana Arkansas Power & Associated Class Tel $43 Coast Line Ayshire 23% 27% 33% Mar 25 32 Collieries Jun 34% Jan 44 % Oct 63 Apr Cessna 17% Jan 700 4% 4 July 4 3% 11,500 2% Apr 8'A Sep 5% July 10% Mar Oct Oct & Cable 9% May 4% Apr Clark (The) 22% Mar Clark Controller Oct 8% Oct 102% 102 1023/s Sep 3% 10% 5,300 Apr 98 City Auto Jan 109 10% May Claude Jun 24'A Mar Claussner Jun 12% 117% Feb Clinchfield 19% July 24% Jan Club Jun 53% Jan Coastal 300 20% 21 ■ 17% 21 47% 47% 17% 7% 25 45% Jan 14 1,100 18% Feb 1% 1% 22% Mar Cockshutt .1 9% 1 2>A 116% 800 80% Sep 3,100 5% Sep 2,400 9% Oct 2% 200 xl% 2% 2% 200 2% —* 10% 10% 100 9 2% Sep 126 2% 10% 6 5% 9% (The) Sand Oct Jun Jan Jan Jan 7% Mar 15 15% 16 ' Class Baldwin Rubber Baldwin Securities de Banco los Oil Basic (L) & Inc Beck S) (A Beckman Telephone Benrus Inc Blaiiner's Bohack 5% May to ext Vtc Brad (S) C) Brillo Continental Foundry Mar 4 class A Co 14% Jan 16% Apr Oct 17 Jan 2% Sep 1,400 , 11 11 850 — 38% 1,700 100 British American Oil British American 40% Jan dep dep Amer British rets Crown 5'A Jan 10% Feb 19 ord rets British Lighting Inc Manufacturing Co Brown Company $5 2nd July 33/4 preference Jun 11% 5% 700 4% Sep 7% Mar 24% 25 22% July 25'A Mar 24 7,000 19 17 550 Jan 5 Sep Mar Forman 22% Jan Rubber Bruce (EL) Bruck Mills Buckeye junior Co Co 1,700 2% Jan 18% 18% 5,200 53/b Aug Pipe Bunker Hill Burma 8% 89 8% 89 2,400 100 17 Apr 100 50% Mar Jan Jan 17% 4,400 6% 1,100 5% Jan 6% Aug 12 Oct 11% 11% 11% 700 10% Sep 14% May 13 Va 12% 13% 900 12% Oct 19% Apr 8 Feb 5% Aug 20% 19% 6% 50c 20% 6 % 3,000 100 Jan 17 6 July 8% July Biscuit Dennison Electric Products Sugar 20% May 83A 10% Jan Jan Detroit California Calvan Electric Consol Camden Fire Oil Hardware Steel Gas Devoe & Insurance Canada Bread Canada Cement Co Ltd 6V2% Co - Ltd Devon-Leduc common Canada Southern Canadian Oils Ltd Atlantic Canadian, Canners Dobeckmun Dominion Steel Dominion Tar Dominion Textile Oct 19% Jan Jan % Jan Dragon Cement 3% 3% 1,300 3% Sep Jan Draper Corp 7% 5 Carey Baxter Carman & Carnation Carolina & Co Sep Jun 5% Jan Class 7 Sep 15% Jan Dunlop 9% 9% 9% 5.400 8% Jun 10% Jan 4% 4 43/4 17,100 3% Sep 6% Jan 100 20% Jun 25% Feb 22% 23 » nit 4% Mar Jun 73% 2'8 % 50 27% Jan 5% Sep 2% Sep Jun m — — 50 Aug & Light $5 Biscuit pfd Co * 1 ~3% Jun 23% 100 23 Sep 13% 900 12% Sep 7% 200 5% Sep 8 3 3% 500 3 Sep 77 * common _3% 12% 7% 2.50 3% 23% 1 109 1 % Aug 109 1% 77 3,300 100 73% Oct ~5~% 26% Jan Mar dep footnotes rets A see ord page 3l. 300 8% Sep 500 l63/a Sep 9 Va Aug 21 % Mar 11 93/8 2,400 8 3% Sep 11% 11% 2,200 10% Oct lo % Jan 12% 13 2,800 11% Jun 14y4 Feb 8% 9% 1 25% 25% 26% 5,100 11 11 May 1 % Mar Aug 22% Sep 35% 10 Sep 14% Mar Sep 45/8 July 8% Mar Jan 7% Oct it Mar 1% Feb 113/8 900 7% 7% 800 6% 6"% 7% 5.000 1 200 ~5% 5% 5% 100 5 Sep 22% 24% 4,700 20 Sep 31% Mar 26 Sep 40 7% 15 18 23 6% Jan 100 9 '/4 Jun 10% 8% Jan 10 1,800 9% 8% 100 9% 9 ft Feb 7 ft Oct % 8% Jan 10 % 7 Sep 1,400 100 Jan Jan 9% Jan Jan Feb Feb 16% Jun 18 Sep 23% July 16% 3,100 15 4% Jan 5% Sep 70% 3,100 67% Jun 76% Jan % 3,500 % Apr 1% Jan 7% Jan 3/4 6% 500 10% 10% 500 14 14 100 6% 6% 14 6% Sep 9 Sep 11% 13% July 143/4 Feb 2% Jan 1% Sep 19% Jun 27 Sep 180 ' 22% 22% 50 150 Feb Jan Feb Feb Oct 5% Feb 6 % Jan 13% 133/4 200 13% Jan 1 ——2.50 6% 500 5% Sep 16% 17 325 16% Sep 27 % 1 5% 6 700 x53/4 Jan 6% Feb 1% 1% 300 1% Sep 2% Feb 27% 27% 30 L. 10c 35 50c 5 100 1 1 1 1% 16 % Mar 7% Mar 33 Feb Feb 27% Oct 5% 15% 57/8 100 5% Sep 7% Mar 15% 15% 300 143/4 Jun 17% Mar 140 12 50 140 12 140 , 137 100 12 1% 1% 21% ~1% 700 21% 200 1% 2% 20 10 % 1 B Jan Oct Sep 145 1 % 2 11,200 Apr 13% May 2% Jan Oct 3% May Sep 29 % Mar July 12% Jan 1 Sep 3 2% 1% 25c Jan 2% Jan Feb 4s 1 10% 10% 10% 300 9% Jan 11 % Mar 1 19 % 193/8 20 % 2,200 15% Sep 25 % 2.50 reg 43/4 Co Ltd * ; 1 * 10 * 1 8% Mar 5 2,500 4% Oct 5% 1,800 5% Aug 125 713/4 Sep 32 200 10% Sep 1634 300 7% Sep 9% Apr Oct 10% Jan 75 11% 12 * Inc... Jan 8 53/a * common Ltd 4% 73 —* stock ord 73/, — 7% 6% Jan Feb Jan 7% July 41% 6 % ~6% 1,800 43/4 Jun 17% ~6% 17% 200 15% Jan 18 40 % 41% 600 293/4 Jan 47 Sep 15% Oct 20 Mar 153/8 153/8 15% 2,000 10 Va 9% 10% 18,000 7% Mar 10% July Oct 33% 33% 50 32 Aug 40 % Jan 343/4 34% 34% 500 32% Apr 36% Aug 10% 10 Va 10% 8,600 10% Sep 17% Jan 10c 53/4 May 7% Laboratories— B) common American ... Co dep Ltd— rets ord £1 reg. (The) Co Durham Hosiery class B common Test Corp Duval 5% 10 Duraloy Sulphur 1 4 _3% * "5% 300 2"% 10 Oct Sep 4% Jan Oct 1434 Feb -- 5 28 _5 100 4% Sep 6% Mar 28 1 common 3% & Potash Gas & prior States 28 200 245/b Sep 33 % Mar preferred series A $6 preferred series Sugar Common 4% Jan $2 Easy . beneficial of Washing Bond 130 106 Jun 114% Jan Electric 7,500 1 Sep 2% Jan EleCtrographic Apr 1 Mar Emsco 10,800 750 v» — 7% 128 8 1,700 130 150 Sep 13% Jan Sep 74 Feb. Jun 30 % Mar 5% Sep 10% Mar Jan 165 Mar 116 Jan 150 Mar 24 lOVa 66 9% 128% t— 1 Share Corp Sep 32 Feb B * 5 21% 1 13 class common Corp Manufacturing Co pfd 100 ... 1 5 25 100 24% Oct 30% Mar 12% 25 common Machine & Empire Millwork 3/4 int 30 preferred 1% * * i B 9% 65 1 Associates— shares 109% 1 : 1 64 Va 25 9% 65% 25 Iron Corp $7 Eastern Feb Apr common 10 100 Fuel Assn preferred Malleable Feb 83 Co E 4%% % £1 2s 6d 83/4 19 24% Empire District Electric 5% dep rets B ord 2% Mar 10 (Allen A 15% Ltd— American July _* Eastern 3% 1 Va Co Eastern 13 600 12% Ltd Co 63/4 Mar 50 v 1 1% Sep Chemical Co Rubber Eastern — 5 15% May Feb common Coal 12% Mar ' 15,600 :_19.50 Sep 29% Mar - 79,100 Inc DuMont Duro 73% 28% ..ft 11 American For 33% 3% 4 * Kennedy Carr-Consolidated Carreras 100 300 5,200 8% common 11% Co Harris 3% 7% Co Power 33/8 4'/8 Marconi 18% 600 6 3% common Power 103/4 100 Capital City Products Capital Transit Co Jan 12% 12 147b Ltd Brewery 9% 8% Ltd— Jan 4% 2,850 Douglas Oil Company 3% 4% preferred Canadian 3% 10 1 Industries Aug 21% 14,100 Inc A Co & ft _* Canadian 14% Sep 3% Aug 1,700 7% Ltd & 11% * Jun 16% Corp common.—__1 Bridge Dominion 2,800 ^2 Dredge & Dock Co Ltd 10 % 700 3% 24% common..—. 3,400 vtc Canadian Co Finance Domestic % Ltd Co Ltd 8,000 18 3% 6% Ltd Exploration Dome 12'A common Oil 13% Feb 20% dep rets ord (The) Corp ft * Oct 6% American Diversey 11% 20 22 3 8 24% Mfg Oils 10% Mar * preference Oct Ltd— Co Distillers Aug 5 17 * 10 Drilling & Exploration Co 1 3,200 2.50 (Mo)__——5 Raynolds class 3% ._*•■ Co 223/e 8% * Products..... 8% l Power & 18 70 Foundry— Co..— Iron Gray Detroit Detroit Dow * 14% May % Manufacturing & 300 50c common Estate Calgary & Edmonton Corp Ltd.. Oct common class Mfg Gasket Duke Calamba Jan 5% 10 70% debenture Detroit Driver Cable Jan 5% Sep 300 5 Mines Inc Dayton Rubber Co class A Dejay Stores common % —.12 %c 35 % Apr 1% * Dairies 12% 2.50 Corp Crystal 8% 3s 6d Sep 5 12% 16 Day Ltd— dep rets ord shares 300 32,400 5 Davenport Hosiery Mills Davidson Brothers Inc. 8% .9 Sullivan Jun 17% io & 123/e Mar 87 6% * preferred Oct Oct 16'/a • common 7% Oct Mar 8 3/4 47 —2.50 B Line Mines American 183A 37 8'A Daitch 8% Jan 1 common class convertible Burry 33/4 Aug 550 3% Apr 10 preferred 60c 5'A Aug Oct __1 preferred common Ltd Budget Finance Plan 7% July 4% July 5% __* Distillers cumulative Brown 5% 7% 89 200 3% Jan 2 33% * preference.— Jan Apr Jan 9% 18% 1 common convertible $3 Brown 18% Oct 53A Sep Jan 100 3% * com • 7 5 25c Curtis • new B 28% 16% common Curtis ._* Power A Class Co Drug Jan 5 10s Jun 17% May 2% 7% partic "A" Oct 2,600 5% 10s Columbia Class 4% reg reg Internat'l 91 Ltd— dep rets ord 3 Apr Jan 5 5 Jan 2% 18 10s 6,600 7% (Md) Oct 20% ___* 3% 7% Company Petroleum 84% 10% 24% bearer 3% 1 —* common 4% Jan 9 : Tobacco 10% 5 ord Celanese American A. Cuban 3% July 8 3/a 9% Sep 43/e 9 common 10% Mar 2% 10% * 11% 500 1 1 . 25% Aug 4% 400 6% 9 Milner & Co Crowley 13% Feb May 42 Sep Sep % 6 1 common Feb 200 40 — — * 4 5c — Oil Refining common.. $6 preferred I Cuban Atlantic Sugar common 89 24 * Crystal 24% 23% May Sep receipts (ord reg)—£1 dep (The) Croft Jan Oct Oct 21 Va 19 Co..1 Machine Petroleum 16 8% Aug 19 % 200 Ltd— American Cork 88 • Co. Courtaulds Creole Crown 9% 1,400 22 l3/4 1 Co.. class Petroleum Feb Tobacco— Amer preferred 12V4 24% 89 • Manufacturing Co common! 6.% Mar $1 Cosden Cent 19% 20 Va 22 1 Mines Reynolds Crown 300 193/4 12% * & Oct 300 Aug 1% 11% Corp Inc Corroon Mar 9% 9% Jan 25% Sep 12% Corp. & Varnish Gold Cornucopia Coro & Var non-voting 13 Sep 74 Feb ft 1 voting A B 51 Sep Sep 22% Distillery Ltd— Corby (H) Oct 4% 65% 50c 2% 4% 10% 10 9% * Light Co.... Paint & 34. Jan 10'A' Jan 9% 36 8% 4% 20c common.. Gas Sep x36 1,000 3,500 37% 1 Inc... Feb 6% 11% 10% * Light & Pwr ord 2% Mar 300 51 preferred.100 5 Works Oct 28 % 500 10 * common Co 11% Mar 6,300 44 * common Jan 8 16 10% 38% 11% Mar 375 * Commercial Jan 49% 1 cumulative Gear Corp Bridgeport Aviation Car-Na 8% 4 Inc Foote Continental Continental 12 2 3/4 lit July Oct 13% 10 1.25 Engineering—1 Continental 11 3/4 2% Sep 7% 173% Inc Jan X15 3/8 11% Oct 1 1,150 3% Oil Lines Jan Sep Jun Royalty Air 6 Class 1% Mar 2,300 200 3,200 27% —1 Corp Utilities 13% Mar Class 5% 3 Co & Brazilian Traction Breeze "1% 5,200 2% .10 1956 18% Oct Sep ft 5 Liquidating 3ft July 9 200 Fdry & Mach Co com.* Scrymser Bourjois 10 % 1 8% % __ Mining & Smelt'g Ltd—* 4% 9,100 4% ' — 69 % 13 Consolidated 2% 1 Gorham prior 10% ~1% — common__25 Inc common common (H 5%% Borne ~63/8 6 — 24% — Oct 21% May 1 common Birdsboro Steel Blumenthal 10 % 1 Canada Co Hedges & 6 Va _—1 Inc common of Watch & 1}$ Sep ft 67% 6 % —10 1 Community Public Service Compo Shoe Machinery— 2% 50c Corp,.— Oct G ' — Feb 24% 21% Co Oct 3,000 Jan Co Inc Stone Jan 6,100 7% — 1 Fund & 21 6% Jan 73/4 May ordinary Engineering 2% 7% 113/4 Co Equipment Gas Sep 9% Mar Sep • — vtc___——10c Consolidated 2% Sep 53/a 36 —— L 20 * common Oils Consolidated Sep 6 Va ft.— 7 Va 24 Va Corp Jun July 37 2,100 — 10% Mar Mar 10% Jan 73/8 Feb Sep 4 11 Ties common...——1 Shoe Starr 6,600 common———-1 ———— Benson Black 3'/a 2 -1 Inc-——. Co Aircraft Bickford's 2% * 1 Instruments Bellanca 1,800 6% — —50c Corp Beau-Brummell Bell : Light & Power Ltd Refractories Bearings 500 Mar 7% 11 3ft Oct 6,000 11% 9 15 Sep Andes— Steel Baumann 3% 12% Jan — Manufacturing Co 10 Columbia Machinery & Eng Corp—10c Commodore Hotel Inc 1 Cook Ltd.___ Barcelona Tr Barium 3% lc Corp shares American Banff 1 common.. 3 Va 11% 12 —1 Company 11% 3% 1 A 7% 20 Colts Continental Bailey & Selburn Oil & Gas— 400 Jun Airlines Consolidated Baker-Raulang Jan 7% 12% Mar 15 800 10 73/4 ft Consolidated 15% 3 Sep —5 Products Farm Colonial 1% 89 73/4 80 Manufacturing—4 Development Colonial Jun May 1,700 24'% 1 1 Caribbean 1% July 104 7% 25 8 68-% 1 Co Coal Aluminum 10% Mar 2,900 1% 90% 88 90 170 116 114 — 500 8% 85 8 1 Lambert & Clayton Colonial 114 10% Mar Jan 85 8 3/4 Inc Jan ft 8,800 Sep 8'/a — — .50 50 Co Hosiery 9% July "VA Jan Co L D Neon Colon "l . Manufacturing Co Clarostat Jan 7% 15 Feb 79 140 a 114% Mar 103/a 24 % Jun — 5 —5 5 300 Aug 67 6% ' 5 —5 1 1 Stamping City Specialty Stores Inc 4%% convertible preferred.: 360 213/4 -1 Corp Jan 5,000 4 25 73% 7 Va 4 4 Chicago Rivet & Machine Chief Consolidated MiningCircle Wire Oct 21% Ltd Oil Co 15 123% 22 72% 1 8% 3% 22 8% 3."a 11 2934 Mar 73% Cherry-Burrell common...— 5 .10 Chesebrough Manufacturing com.—.10 11 Sep 1% Charter Apr 1,300 26% 8% Oct 20% 5% 100 —' 12% Feb 5% 4% Mar 26% 1 1 Jan 5% Sep 5 9% »9 % ft Sep 3% ' 10 common 1,300 3,100 .1 common Corp Charis 12% 13% 19,864 3 V8 100 8,600 8 10 12 300 19,500 .50 8% • Inc Jan 4% preference.....; Aircraft Co common Co of America.. 13% • 1 Oct 10% 350 12 Oct ft 3% .ft— 2 ——2 10 10 1 1 Chamberlin Convertible ; 10 Co common— Century Investors Inc 28% 11% 3 5 3% 73% 10 Century Electric 75 3ft * 50 2.50 preferred Corp Jan • Machine— Voting 31 Jan 1,400 5% non-cum 22 31 4 '/a —1 50 Products Steel Automatic Central —5 Co Corp Plywood Non-voting Central 6% Mar 48 warrants Automatic 25% Mar 8,900 Fisheries Coast Atlas Jan 9,400 div)_— LOO —■—-—100 ..1 Ohio Steel Products. —1 LOO Power & Light 4% pfd .100 46% £1 arrear Atlantic Corp Oct 21% 8% America Atlantic Atlas 21 400 Tel— & (ex A 400 5,100 1,000 3 3% ; 4% Sep Sep 5% Mar Jan Jan 4% a preferred 3.50% 21% 4 6% 17% Mar Co— Power Maine Central 21% 16% dep rets reg Jan Jan Sep ' „ Jan 47i 12j/2 Sep 4% ' 25 8% Corp Associate Electric Industries— of Oct 16'/e Equipment American Oct 7% 83/S Light $7 pfd Associated Laundries 43% 1,000 16% Armstrong Rubber Co class A. 4%% convertible preferred Aro 25 8% 143/4 9,700 5% 26 % 1% May 103/8 Co Gas Sep Corp—. Secur . 12 % — Corp Arkansas % , 1 ——5 ; Oil Fuel Arkansas 100 Illinois Central 100 4% 3 % Sep 43/8 ...1 13% 1 -1 Appalachian Elec Power 4%% pfd—100 Inc 1% 22% 11% Angostura-Wupperman — Apex-Electric Manufacturing Co_ Cameras Sep 31 Anglo-Iranian Oil Co Ltd— American dep rets ord reg—— £1 Anglo-Lautaro Nitrate Corp— "A" shares ——2.40 Argus % 15% 500 3% 1 Ltd Explorers Central 4% 2 * Products. Jan 2,500 43% 32 American Writing Paper commonAmurex May 7% May 4% 4% 1 5% Aug,, 24 47 5 5 Oil Development class A——5 Lead Mines Ltd 20c Anchor Sep 31 conv„* 10 —.if——2 preferred American Thread 5% Jan 3% 19 Feb ~3% 15% "I10 1 21% "4% 6% pfd—25 common Jan 53/4 ■ 3 % -ft. common.—. Feb 16% Products Casco 21 21% — American Seal-Kap 24% Oct 8% Chem cl A Republics Jun Oct 11% 150 % 22% American 82 % 43% _— American Potash & American 900 % — Co 4% ' ——— Meter 11% 200 23 22 conv American 700 Jan 95 21% pfd—-15 ^American Bantam Car Co. class A—1 American Beverage common.—.; 1 American Eook Co 100 American Hard Rubber Co 25 American Laundry Machine ; 20 American Manufacturing Co com 25 American Maracaibo Co — 1 Filter 5% American Air 92% 92 92% 100 * common——• Inc.—— 25c cumulative preferred Goods Manufacturing $3.75 Aluminum — 600 12% Sep 16% July 6 -T- 12,700 18% Sep 13 13 300 10 3/4 Jun 96 88 80 953/4 Sep 6 6 500 19 400 21% 17% 213/g 6 173/8 Sep Oct 28%, Mar 1338; Aug 104% 9% 23 Feb Jan July Number 5267 Volume 178 The Commercial and Financial Chronicle ... (1593) AMERICAN STOCK EXCHANGE RANGE Friday Week's Last Range American Stock Exchange of Prices Shares Sale Price Par Equity Esquire Inc 1% 3,600 1% Sep 32% 32% 450 32% Sep 35 Mar Sep 6 Aug Aug 11*5 J ® tl 5 1 $1 100 25c or % — . Line Pipe —_ % 5 % 14,900 % ltl 18% Sep Jan 2% i3« Sep 5,300 10 common Fairchild Federated & Fishman iM H) A Class Ford of B Amer Ford i Jan li 32% Mar dep Fort Pitt Fox 24,100 14,100 67 3% 1 , ~6% 6% 66% 4% 64% Sep 28% Mar 3 Jun 8,900 3% Sep 9% Jun 6% 5,000 2,800 fs May 7 lft Sep 3% Sep 627a 66%" - 17 420 — ♦ Inc. of Jan Jan 73% 7% Mar Mar 11 , Oct 10% Jun 57a » ~ 59 697a Mar Jan 67 Oct 73% Mar ord new £1 reg 4% 4% 2,600 {.V % 2,200 % Feb 4% 4% 100 4% Sep - 4% Jun CO Kennedy's Kingston Products Kirby Petroleum 50c preferred Lake G Kirkland Klein Emil) (D (I Kleinert Kropp Kroy bearer.— 1* 1 Brewing _1.25 5% IS May Jan 772 5% 5% 700 4% Sep 5 . Co,. A) .. Co Power common.,.., _____ preferred 5'/< 10% 10% 200 107a Sep * 20% 22 600 20% Oct 22% Jan 102 7a Mar 1067a Sep 100 Geilman Mfg General Acceptance General 8 May 11% Mar Co Alloys common 10% Corp rets General Finance General ord Fireproofing General Public General Mich preferred Corp T% Godchaux Class Atlantic Non-voting 1 % Jun 2% Jan 9% Sep 12% 25 3 3 8% 8 7a 3% 2,000 9 7a 5,200 Lamson & 4% Mar 8 Sep 9% Sep 12% May Oct 15% 17% 18 600 16% Oct 22 18 12% Jar. Feb Mar % Sep 20 37% Oct 24% 1,800 23 % 22 7a 4 , Jan Feb 1 % Mar 52'% Jan 5 __ Sep 27% 22% 400 21 Va Oct 27% July 5% 1572 67a 700 5% Jan 167a 1,400 12% Sep 8 * stock Co 159 157 159 21% Mar 75 144% Jun 164% July 160 129% Sep 135% 1% 2,900 1 Va 1337a 133'% __ 1 1% __ Leases Brewery 5 Sep 49% Aug 12% Sep 4 Sep Apr — 8,^ Jun 500 15 Oct 19% Mar 10% Jan 13% Oct 34 Sep 34 Sep . __5 ...__~._25c Rubinstein common — common — 100 1 preferred preferred Henry Holt & Co common Steel Products class 1,200 3% Sep 1,700 9% Jan 4% 10 2% 3,900 257a 3,800 1% Oct 1% Aug — Consol Gold Stores Inc —5 1 — ° Hardart common—: ... 2% North Cigar Machinery Hydro-Electric— Petroleum 20% 600 17% Jan 27 13% 50 13% Jan 14% May 20% 900 18% Apr 21% Aug 91% 10 89 Sep 99 70 70 10 68% July 7% Jan May 2 7a ~2% 600 *1% Sep Sep Feb 12% 12 12 7a 3,100 11% Sep 2% 700 2% 2% Irving Air 10 Oct 300 17% 18 1,400 25% 26 200 25 55% 55% 56 7a 7,900 54 2% 2% 2% 400 2% Sep 4% Sep 32 74 33 Va 1,200 20% Jan Jerry O'Mahoney Inc Julian & 14% 1572 16% Jan 3% Mar 152 Feb Kansas Motors Gas & Corp l Electric 4,./2^ pfd 100 footnotes see page 31. Jan Apr 45 Sep Aug Jan 18 1,150 12% July Jun Jan Feb 37 Jan 11% Oct 7% 7% 1,700 6% May 7% 89 8972 40 83 Jun 100 85 86% 1,850 80 Apr 100% 18 Sep 1,900 109 72 111 27,400 Oct Mar Jan 103 Jun Jun 32% 18% Sep 30% Mar *113% Mar 10 Apr 12% Oct 2 Sep 5% Jan 84 Jan 117a 11% 500 *10% Sep 15% Apr 5% 5% 600 5% Sep 12 Jan 3 3% 400 2% Oct May 5% 4 100 4 3% Sep 10% Feb 10% May 18% 187a 19% 1,800 16 % Sep 2472 Mar 22% 223/4 23 7a 137a 12 74 13%' 6,100 14 14 1474 2,200 3 7a 8,100 3 7B 2% 550 Jan Jan 97/a 267a Mar Sep 157a May Jun 22 Xl3 157i 2% Aug Jan 47* Mar Oct 12% 12 $2 Petroleum States Co —0 50c 5 1 50c 50 Co Refineries—— preferred convertible 4%% Service Public pfd Light 5% & Pwr common 100 0 1 1 Corp Monogram Pictures common Monongahela Power Co— cumulative preferred 100 preferred series B..100 preferred series C 100 Loan Society com class A 1 4.407* cumul Mt class A 0 participation pfd—0 Investors of America Products Corp Plan Morris Metal Clemens MfgBo Piston JRing 5 common...2.50 10 Ohio Murray Jun Oct lVa Mar Jan 87a 2,000 1,200 11% 12% 2,100 10% Sep 14 74 Mar 12 1272 1,300 11% Sep 15% 10% Oct 13 2674 Mar 17 7a Mar '/a 7 Company 25 50c common 25 25 100 24% Sep 14 13 14 750 12 Sep 5 5 400 47/8 700 20 Va Feb 1,800 1% Sep —. 2474 2474 25 2 7b 2 27a Aug Jan Jan Oct 5% 29 Jan Mar 3 74 Mar 4% 4% 30% 30% 30% 100 4% Sep 30% Jun 337a Mar 107a 10 107a 2,400 10 15 7# 25 xlOO Jun 22 Jan 257a Mar 0 Canada of Corp 8 60 77a 73% 0 shares dividend common Piping Midwest 400 Aug 1 iS IS common Abrasive Mid-West Jan 55 77/a Products— Steel non-cum Midvale 103 -- 103 4 4 91 - 99 - 25% Sep 57% 2,700 2% Jan 47a 20 20 9974 110 98 86 Jun Jun 2% 300 169 74 172 157 34 3574 35% 100 5 7a ... 5% 800 July 96 88 % Sep Jun Sep 4% Jan 3% July 3% Mar — 15% 102 7a 101 13% 2 37% Mar 5% Mar 57a Mar 3% Apr Feb 177a Mar 1 430 96% Jun 20,200 1% Oct 267a 200 25% Jan 7% 600 7% Sep 33% 300 6% Jan Oct 172 14% 31% 33% 37a 23 77a — Jan Oct 98 Oct 2672 2 26% 96% Mar 10372 3,800 16 15 7b 15% Jan Oct 15 150 15% Jan Oct 104 11,700 ~~ 353/4 5% Mar 35 74 91 72 95 Va 98 Oct 47b 32 7a 33 74 1,100 27 Jan Jan Mar 114 4% Jan 337a Mar 9% Jan 427a Jun 800 7 6V« Sep 87a Mar 1774 Mar N Nachman Milling Inc Dehydrating Alfalfa Hess National common...j Fuel Gas Mfg National National Phoenix Jan Jan Presto Radiator Research Corp Rubber National Starch Machinery Products National Steel National National Union Meter Le Mur Ltd 30c Radio Dominion Oil 1 ..40c Ltd British New England Tel & Tel Haven Clock k Watch Co convertible Jersey Min & Mexico & 100 5% Mar New Park 17% Mar New Process Sep 3% Mar New Co New York York Founders 4% 5 1,400 4 Sep 8% Jan 2 7B 2,800 l7/a Sep 2% Jan 11,800 13% Jun 16% Mar 12% Sep 17 2 2 7B 14% 15 15 " "lis "lit 5,200 114 Jan 3 2 7a "2 3/8 23/a 10,400 1% Jan Land Co Merchandise Shipbuilding shares 19% Oct 12 18% 1774 1874 13% Jan 21 Mar 17 Jan 20 July 25 Apr 27% 3% 22% 4 1% 300 20% 100 2Va Jun Oct Jan 4% Mar 4 Sep 3 Jan Jan 257a Apr Sep 2,600 23 4 1% 2'/a 4% Jan 214 May At 24.400 lA 113% 114% 1,520 1097a Sep 3% 3% 400 27a Jan 4% May 7% 8 400 5% Jan 1074 May 1 l!i 1 1% 14 114 2 ; Sep Oct 1157a Feb 1% July 5,000 1 42% 44% 8,500 42 Sep 60% 13% 14% 7,400 12% Sep 23 3,600 % Sep 1% Mar 62 7a Mar 1% 1 14 7a ' 7/a % 1 Jan May x55 Oct 10 10% 300 9 Aug 10% May 26% 27% 1,200 25 Apr 28% Mar 7 May x55 26% x55 Corp— 1 12 74 x9% 2,200 2,000 10% 10 -10 13 74 Mar Sep 1,500 19 0 common Sep Jun 10% 12% 1 % Auction Jan July 18 43% 1 1 As 1174 50c ... Jan 3 1874 —25 Co Co common New York & Honduras Rosario.. York 57a July 7a 4 20 preferred Chem Arizona Mining Sep Sep Jan -1 Zinc New Sep 37/a 2.50 common Co common Idria 14% 1,300 1 Car New New 100 57B 0 common Transit 1% Jan 4 1 10 1 Co National 1'» 5% Mar 25c 10c 2 Industries Industries Inc National 1 * 1 Stores common Petroleum Ltd & National 157a 4 5/8 & 1 Co Bellas National Nestle 157a 578 10 1 Corp Namm-Loeser's 15% 105 Oct 9% 1 1 Midland Oil Corp $1 conv preferred—0 Middle 50 Aug IVa 200 Corp Hone Micromatic 6,900 95% 23% May 600 Aug 19,000 — 1,200 8% 14 1% — »-l CO CO" 107a Apr 112 July 8 10 7b ' , 11% 1572 3 18% 8 117a u 33,100 Feb 11% preferred 6% 1% 3 7a 4 1 15 7a 3 Jan 3% July 14% Jan 2.50 * 10 Corp Tube Michigan Sugar Co common 4%% 5% 18% 1 Mar Neptune Jan 1.800 80 Feb 40 8 National 25_ Mar 2,300 3 1 1 Jan Jan 86% 34% Sep 3% Mar National 89 7z Jan 21 Jan 38% Mar 6% 275 Sep 4% Mar 20% 22% Sep Jun 28% 22 22 7a 17% Sep Sep 5 Feb 13% Jan 6 Muter 74% Sep Jan 2% Muskogee Co common Oct 97/a 18 14 300 Muskegon Sep ta For 6 3/4 100 Jan 9% — Feb 77a 457a July 67b Feb 28% 3 7a Oct Sep 2% New Kaiser 43/4 6 37a/a Mar 38 3/4 125 67B Mar 800 ft 150 7a ~2% 30 10,300 1 500 40 67a 107 23% ■ 15 . Inc.. Brothers Sep 10% ~i% 5 67-t 40% 437a May ~2% preferred Participating Michaels Oct 29% ° Jun Jan 21% Mar 10c 1 6 7* cumulative preferred 4 Mt Vernon-Woodberry Mills —2.50 Mountain States Power common—7.25 Mountain States Tel & Tel 100 Muntz TV Inc...— -1 10% 12% 10c 33/4 20 V2 207a Moody 27 15c Oct 1,500 Jan Jun 29 Va 2% : Oct 3 40% Jan Jun 10% 11% Ltd 3% Sep 9 29 7a 2% Kokenge Co. Jupiter Oils Sep 67b 17% 5% X 3% __ 1 25c common 98% " 12% common.— 700 9% New Glass Co 37/a 11% Corp New Jeannette 47s Aug 3% 6 9 12% Aug Oct .3 7a Sep 4% Montgomery Ward & Co 129% 1 2% 40% Monroe Jan 12 % 2174 Chute 3,300 • Feb Jan , 3% 4074 3% 46% Mar 11 7a Aug 3% 3% 9% May 15 1 6 3/4 3% 100 4.30% 16 c 1774 Mar Jan 500 4.50 7* Sep 11% 100 t 16% May Sep 5% 2,000 Feb ' 5 v Jun 127a 7 7a 71% Mar Co— Manufacturing 14% 14% Missouri 20 Inc 900 200 Scott Corp— Molybdenum 20% 3.90preferred Ironite 16% 13% 207a Jan 110% Products. Service 15% 13% 77B 12% stock.0 Royalty Jan 13% Sep A capital Aug 20 6% 50 Industries 1074 77a 3,400 1 Metal International Apr Jan 14% 7 0 S3.50 series International common Co Textile Minnesota Sep 5 America common & Chapman Iron Mining 7% 15% 772 Warrants Mesabi Jan Impelial Iron Fireman Merritt Jan 10% 9 1,300 16% .5 5 50c 5 _25c 1 5 0 10 1 1 Co Mfg Feb 4,500 — 9 1 Co— & Johnson Mead Menasco National common Co Dredging * 30 12% Chemical Industries— American dep receipts registered—£1 Imperial Oil iCanada) capital stock..0 Imperial Tobacco of Canada. 5 Imperial Tob of Gt Brit & Ireland ..£1 Indianapolis Pwr & Light 4 'ft pfd..100 & (AG) 4% 117a 17% 8% 0 Miller Wohl Co common 42% Co Feb 9 £1 10 common Jan I of Harris Apr 9 —* —100 iHarvey) Inc common.——5 Humble Oil & Refining capital stock..0 Hurd Lock & Manufacturing Co——5 Hydro-Electric Securities —0 Hygrade Food Products. 5 Baking 9% 9 International Marine Communication Co Ltd— Marion Power Shovel 5% Sep Sep preferred Sep Marconi Oct Sep 10 Hubbell 572 0 Consolidated Mfg Co Mapes 12% * .—i _ Co & Co Manischewitz Mid-West —15 common »GeoA! 1,400 300 2% 19 1074 — 5% 1,500 100 6% 10 2.50 Mines. Inc 274 9 5% 1 common (The B) Co Feb 20% ■ 4% Sep 11% 3 —.1 A.__ Hollinger Hardart - 10c Mfg Co common convertible preferred.. Co 53% Mar 13% . — Oct 5% 217a ' Hercules Co Jan 1% Aug 9174 - 4 7,800 1172 6% 2 100 4 50 100 2,200 20 — 173/4 Mar 800 6% 20% 3 20% 9 572'* Jan 5% Mar 19 Vs 1% 23% ' 7 * A 3% Jun 52 Va 4 25 Stores common.. Co 1% July Oct 3% 1 7a 4 74 — Sep 4% 5% 217a Stores Mangel Steel 200 74 52 7a — 10% 4 6% 5% 5 -10 Bumper 14% 10c 9 .... 100 4 M Mackintosh-Hemphill Co Maine Public Service Co Midland Corp. Public Sep 8% Feb Michigan 13 9% Iowa 2-fV Mar 157a Michigan Feb 15% 2 Investors 12% Mar Sep 2% Mar 15% 2% International 12% H Sep 7 107a 57% Mar x21 13 5 * 97a Preferred 500 2,000 Metal 2 1 International Feb 3,000 7% Feb Mar Tea— — International 47a 1,500 If* 7% 11% * 14% 22% Mfg Co— Bakeries Inc Lithographing Co. Co Sep 3% 1% 117a McWilliams 37% Hathaway Insurance 2% 3 7% 11% McKee T% Zinc Jan 2 Corp 86% Mar Ltd Hartford Electric Light Harvard Brewing Co Illinois 11% Lynch 54% May 600 k Feb Sep Aug Oct 1,200 5 ','r 12% 9% 143/4 Aug Sep 27a Horn Jan 100 10 50 y4 75 3% & Jan 11% 10 Apr 34 2% Horn 18 11% 14,000 3% Holophane ijj- Jan 1874- Oct 137a May 62% May 2% Hormel Oct Jan Sep 4174 Jun 3% Horder's A. 1474 14% 425 35 1 Holly Feb 9% Mar 7,100 150 ...—100 Western k 3% 37% Mar Apr 4974 43 7a 24 Co Bridge Co iRi Jun Aug 8% 12% 43 7a 5 * ...25 1 5'e 2% 27 3,000 1 Mays (J W) Inc common McDonnell Aircraft Corp Inc Hoe 1,000 Oct 12% Massey 15% Higbie 1,100 2,900 9% Feb 10% 47% 27% 37% Products common Lime & Alabastine.. !■ Co 3% 31% 32% 367» JvJy 49 Jun —2 Heller 3 9% 347a Mar 1 22 37% Stores Class 575 31 7a 5 11% 16,800 Helena Jun 2,100 3% * 0 Chain Steel 13% Mar 674 Dept Jan 8% 400 10% Apr Longines-Wittnauer Watch Co Louisiana Land & Exploration Locke Sep —9c Mining 26% 29% 35 —10 B Sep u Lamp Hecia Class 6% 800 Hearn 127a May 1 Liberty Fabrics of N Y____ 5 7c cumulative preferred Loblaw Groceteria* class A 11% 1,000 Havana — Inc 200 14 74 Hazcltine, common G) (R Tourneau 900 52 7a Hastings; Realty Lefcourt Le preferred conv cum 5,300 774 13% Hamilton 5 7* common 12 "% Co Laboratories Lear Inc 2372 6% H Hall 1% July Jan 10'% ~9 —10 Machine University Extension 11% 52 Haelan Sep 8% 28% 5 Co Sessions Monotype Salle La 237a 7 11% 67a Gypsum Sep 11% 14% Gricsedieck 2% 100 52 Grocery Feb 200 25 Freehold Feb 108% 11% __50c Gridoil of Corp Jun 117 11 Paper. Northern 106 Jun 11% pfd..25 1 conv Chemical & Jan 112% July 11 Hydraulics Inc.— Great Greer 1% 100 Jan — common Oil Lakes Aug Mar 200 —50 Co Pacific & 9 % 34% Mar 108 1,300 % % common. 1st. preferred 7'/f Great- Sep Jan I Varnish Rapids Great 27 103 1% * Mines Manufacturing Manufacturing Gray 3,300 8% 35 1 & Machine Delaware Foundry Lakey Ltd Mines 0 Graham-Paige Motors 5% Grand Feb 800 Apr 5% 99% 1 B A Manufacturing Gorham Sep 20 29 % 108 * Consolidated Goodman 1% 10% 5 1 1 Company.. Apparel Inc.— Shore Lake 5 class Inc preferred prior Jan 0 B $4.50 272 187a Mar 103% 10 Sugars class Goldfield Apr 115% 115% 0 Co Jan 3 1072 1 10 — 1 Coal Distilleries Union 1274 0 Mines common i Alden Globe Oct 87/a —__1 ; McBean & Co Glenmore Sep 29% ' Glen 17a 15 72 106 __20 Co Gladding 2,000 * C) <A Gilchrist 1% 5 S6 preferred—0 preferred—. ° $6 Yeliowknife Gold Giant Gilbert Sep — 10 5 pfd A common... preferred Gerity Sep 174 Service Georgia Power $5 974 600 £ reg 5% Corp convertible 5'}t 1,700 1% __25 Outdoor Adv 6% pfd —100 Plywood Corp common—50c General 1H 8% 35 33%c 20c 1 (The) Forge Co.. Oils Ltd Brewing Co L'Aiglon 5% May Ltd— Co dep 1 % com.. preferred 10% 1 % Co Electric American 9% 1 % convertible General 3% July . General Builders Supply Corp 5 'if, 137a 7.50 Krueger Lanston Gatineau 25% Mar Jan 1 — Laclede-Christy receipts Brewing Co.— "Geo Apr 11% 0 10 5 Corp— Stores Lamson Fuller Co Ltd— M Co common Rubber Co B) Hotels Knott Kobacker 21 Va 100 h) 5 ° 50 — 1 1 10 Co County Lighting common cumulative preferred Kings High 1,300 12% 8 '/a 9 Co common Kidde (Walter) & Key Low 25 12% 1 Oils & Mines Ltd Kenwell Range Since Jan. 1 High 24% 5 Inc Sep France- deposit (Peten 4% i'ri 4% MS 65% ___1 — 3,300 Low 25 Ltd— rets Motor 2 3% 67 ,.__2.5a 21% Canada— Co American 20 4% lo non-voting voting Motor 0 ... Inc Co Line Tiger Motor Class Ltd (Phila) Inc ' Ford 2 Petroleums icjT'irth Sterling Flying 20 Ltd Association Fire Instrument——1 ____25c Camera Oils Shares * Co Kawneer 47* Fargo for Week Par High 32% r, Warrants Eureka Low High ___1 Ltd Sales Range of Prices Friday 1% : Eureka Corporation Low Week's Last Sale Price STOCKS American Stock Exchange 1% _ END^D OCTOBER U Range Since Jan. 1 10c Corp common convertible preferred 52 WEEK FOR for Week STOCKS Sales 24% 24 % 24% 100 700 li) Va Jan 9 24% Feb Oct 29 The Commercial and Financial Chronicle... 30 (1594) Monday, October 26, 1953 -■ EXCHANGE AMERICAN STOCK RANGE Range for Week of Prices Shares Saie Price Low Par Canadian North Central Co lie l'A 2% Mar 4'A 4% 3,700 3'A Aug 4% 5,000 '/a Jun 1 % 1% 41 2ft 2% 41% 2% 3 3 4%% 2,300 1% 40% Sep 1% Sep 17 • — 28% * Jun 22% Mar 4% 100 — Ltd 90c __ Oils 19 % 7.50 Gas Natural Oklahoma common——25 Old Town Corp common 1 40c cumulative preferred-— —7 Oliver United Filters class B——_—* Okonite Inc —.—————. — 8% 6 — 11,800 1 —. 39% O'okiep Copper Co Ltd Amer shares. 10s Securities 1 15% Overseas Co Can Electric 6% Gas & Paciiic 5%% £2 A 1st pfd—25 preferred 1st 29% 27% 25 preferred 25 5% redeemable 1st preferred--—_25 5% redeemable 1st pfd series A 25 4.80% red 1st preferred 25 1st 5% preferred. preferred _8 div cum dividend Pacific preferred _* Airlines 1 Ltd 1 $4.50 Lighting $4.40 $4.75 Pacific Northern Pacific Petroleums Pacific Power & Pacific Public Service Light pfd 5% i7* ft Sep {{j Mar 100 14 Sep 177A Mar 6'% 2,600 5 Jan 7% Mar 13% 13'% 100 4% 2,000 Leather Seton common Denn Mining Shattuck 4 Ve Co 1% 95 Jun 600 Sep Mar 92 2% Jan 57% Mar 107 Jan Sep 1% 3% Jan 1,800 18 Jun 20% Apr 400 63 Apr 82 % Aug 16'A Jan 6% Feb 8'A Sep 300 6 Jan 100 15 Sep 500 23'A Mar Sep 9% Mar 18 Jan 20% May 2,100 35% Sep 52 % common 15% Oct 19% South South Feb 4% 50 38 15% 39% 15"% 4% 900 18% Petroleum (C A) Oil Pantepec Paramount Parker Pen Class B Patican Penn Water Power Circle Packing Phillips Screw Pierce Co_ Pinchin Piper Aircraft Ltd Pleasant Polaris Amer Power 6% 1st Pratt common Preston East Producers Providence Public Gas Service 4%% Puget Pyrene Jan 3% Aug 12'A Jun Feb 5% Mar 66 Feb 4% Mar 15 Aug 17'% Feb Jan — 5/4 5 /8 5% 2,700 5 Oct — 200 5 July 12°/a 5,500 12% -- 37% — 62 A 10i/? 5 A ,4 37 % 650 3% 64 — — 67 38% 63A 5 450 5 A 3% 33 Sep 2% Sep Feb 14% Mar 108 Jan 41'A Mar 3'% Jan 70% Mar Jun 16% 400 4% Jun 3 3A 1,000 Jan 17 Sep Feb 7 Aug 4 1% 2,200 "% Sep 1,200 1% Sep 500 57% Jan 75 28 Sep 38% Sep 11 3'A Feb 23% Mar 3,800 700 6% 2% Aug Aug 3% 800 3% 3'% May 1,100 36 % 6 Oct 200 6 6 35 33 Oct 110 -~ July Jan 2'A 10% 10% 1 2% 2% 1% _l _* 8%- 9 * 1% 8'% __ preferred 95% 100 Timber & .5 Manufacturing 30 14 Jan Mar 4% Jan 8'A Mar 40% Mar Jan 112 Sep 44% Feb 1,100 8% Aug 11 Oct 1,200 9% Sep 32 ]% Apr 318 of Parts Stein (A) Jun 4,600 1% Sep 2% 500 7% Apr 9% Mar 2,200 9 8 - 97% 30% Jun 9% Feb 100 90 May 101 Feb 900 25'A Jun 30% Mar 50 12% Sep 19% Mar 200 22% Apr 34% July ., Co— Power 19'% Jan Utility & 8 Pump Co 1 Regal Shoe Co— 1 (Robert) & Co—, Electric Remington Rice-Stix Arms Richmond Rolls 41% Sep 57% May - 8'A 6% 200 5'% 4% 4% 1,200 3% Feb 4% Mar 6 % 100 5% Sep 9% 8'/a 8'A 600 5 Jan 14'% % 500 26% 1.100 Inc — 1 9'A 24% l 1 Elec 4 % 9 ,9 'A 24% 1 % 2(5 1% pfd Sep 7,300 8% Sep 1,000 24% Oct 500 l'A Sep 1'% 2% 2% 5,100 86% 2% F___100 Apr Sep 21 50c v t c & 1,100 % Mining Co Valley Gas Co— Gas 45 6% 4% * (Texas Corp) Rochester 44% 25% Radiator Grande 23'A May 6'A — -. — Jan % Rico Argentine Rio 44% 21'% 25% Co ajn 75 1 Inc 4'A 23 Engineering---—5 & 3'A July —— 23 10c - Reda Reliance « 1 10 Reading Tube Corp class A—______6.25 Reis 89'% 250 Oct 6% Jan Feb Apr 1% Mar 28% 9% Jan Oct Rome dep Rotary Rowe rets ord reg Cable Roosevelt Corp Field (The) 2% Jan 2% Aug 2% July 2% Feb Jun 94% Jan 82 Oil Russeks Fifth Co Ave Ryan Jun 7% Jun 19% 19% 500 Sep 26 23% 22% 24 % 3,000 18% Sep 26% May 39% 36 40'% 3,400 33 Sep 43 % May 700 10 Jan 14% Mar 1 - * 12% 13% 123% 13% 12% 14 18% 3,400 12 1.25 common Consolidated 19% 5 common Aeronautical '7% 5 Co Ltd Ryan £1 —10 common Steel Corp Royalite - Inc Electric & Co 4% 1 Petroleum- Haynes Sun Ray Sunrise B— Lawrence common 12 * 3 'A 3 'A „l / Corp Ltd common Sapphire Petroleums 4% 5 1 Ltd Savoy Oil Inc (Del) Sayre & Fisher Brick Schick 1 25c Co Mar Sep 17% Mar Oct 6% Mar Jan 16% Mar 2 Sep 4% Mar 4% 200 2,100 Inc Scullin Steel Co Scurry Oils For 35% 5,200 Sep 6% Mar Ltd— Corp Bros ! 2 2ft 10,600 1% Sep 4% 4% 900 3% Sep 2% 2% 400 2'/a Aug 15% 1,900 1% 1% 1% 2,400 1 General l Inc footnotes 15% • • see page 31. Apr 2 15% 50c Airlines 30% 43A 1 common common Western Securities Seeman 34'% 1 (D A) Seaboard 34% 1 Inc Schulte _ _ Inc Finch Oil Mar 35 Sep 300 x4 % Feb 7'A May 100 2% Jan . Sep 1% 7,800 % Aug 2% Jun 4 2,100 3% Sep 6'A Apr 18 18 18 % 300 500 1,100 Sep 20% Apr 12% Sep 17% Feb 38 .inn 41 % Mar 17% 18 3,300 11 Jan 18% Sep 26 26% 1,550 20% Jan 26% Oct 13'A 13% 4,400 11% Sep 16% Mar 13'A 13 'A 300 12 Sep 15% Mar 8% 8% 300 7% Sep 10% May 4'A 4% 600 3% Sep 6'/a Feb 4% 4% 100 4 Sep 6 % Jan 3(4 3 'A 1,900 2% Jun 4'A Feb 1,000 34% 3'/a Sep 2% Jun 16% 150 16% Jan 18 15% 15'A 100 14% Jan 18% May 30 30% 2% 3 ■" 3 3% Jan Mar 9% Mar 8% 2% 9 1.000 8% Jan 1% - 2% 6,400 1% Sep 3 % Mar 2% Sep 4 2% 2% 20 20 7% 3% 1,900 200 20 Oct 20 Jan 23 % Mar Jan 9% 28 Jun 31% Jan 16 Sep 20% Feb Jan 6'A 7% 8 % 17% 17% 300 4% 4% 100 4% Sep 5'/a 9% 9 200 7% Sep 9'A 35% 5,600 ■ • — _1 9'A 3 3 % 12% — 'A Apr Oct 350 x27% Feb 3% 33% 35 1 15 Jan x28% 2,200 16% 30 'A 25c . 49 200 5% l'A 4% - Corp Jan 13'A a Inc. 8 3 13% — Co 37% Sep 3% 1 - Feb Jan 5 " — 5% a . Cement 247A 40 .5 .. Die Jun 35% Mar 13 'A 1 - Corp 26% 13% .1 . common Jun 39% -10c - 22% 17% 5 __ _ 33% Mar 1,300 5% —— — 28% Mar 26 — _ Mar 3 18% .5 _ 26 25 13% _ __ 48 Jun 40 0 — May l'A .1 — 40 Jun 1 common.. & Jan Jan 40 28% 1 _ ordinary _ Drug Mar 8% Mar 40% 4 1 . Products com Co Sep 11 500 — 1 - common__ Superior Portland Swan Sep 1,800 37% __ -10 . Corp Inc. Tool Sep 27% — 1 _ Co Supermarkets Superior 9'A 5% 31% — common & 100 Aug 5% Mar 22'A 10 common- (Hugo) (S) 9% 20 24% 24% * Stinnes Stroock Sep 31% —_1 Sterling Inc Stop & Shop Jan 4% 31% .5 . B) 2,300 27% 27% _1 _ Co (J 4% 9% a & Co Talon class Inc Class B 500 2% Sep 4 Jan 12% 50 1C% Jan 16 Mar 35 Sep 5 _ _ Inc Texas Power Thew Shovel Thiokol Thor common Chemical _ Tishman & Tobacco Amer Todd Shipyard Edison Tonopah Trust Corp Royalty Toledo 14% 15 6,700 14 Sep 17% May 103 50 95 100 21 103 18'A Empire Trans Lux 600 16% 22 500 13% Mar .. _ Sep 8% Sep Sep •, 3 l'A May ;■ 17% Jan 28'A May Oct 22 7'A 7% 300 6 '/a Jan 17% 400 16% Sep 8% Aug 19% Mar 41%. 48% 49% 4,400 35% Apr 49% Oct 20 % 100 95 % 1.600 5% July 14 Jan Mar 6 % Mar 100 48% Sep Feb : 3 1,500 2% Sep 4% Jan t 95 75 85% Jun 97% Jan I 94 58 1% 1% 800 l'A Oct 2% Feb 2 2 ft 2% 3,600 11 It Sep 4 Jan 3'A 3»A 1.000 2% July 4 Jan 5'/a Jan ft 3 >A _1 3% warrants 3% 26,100 3'A Sep 18% 600 17'A Sep 16% 10 16% Apr 18 1% Jan i t 19% July 16% — 3% 18 18% _ i 49 1% • _ 800 2% 3 1 .. .. 6 48'A __ . .. _ 6 __ . 70c _ j \ 6 0 _ ... Inc 3,300 17'A Corp Temper 19 18% 7'A 5 — _ . Ltd . Tri-Continental _ Nevada of Oils Corp 18'A 22 24 Oct Jan 105% Co preferred 4%% '4 12''/4 24'A __ 1 - May 11'A 24'A 1 _ _ common Corp Mining Trans True 14% Ltd— deposit rets ord registered. ,_£1 deposit rets def registered. .—5s Security Amer Toklan Jan 40 50% 25c — _ ___ Stocks Allied Jan 15 20 _ _ Inc.. Realty & Construction— Tobacco 15'A Oct Jun 1 common Markets Inc Roofing Oct 11% 400 5 _ Corp Corporation Thorofare Tilo 11% 950 49% 11% 0 pfd $4.56 Light Co 1,100 12 49 'A common common & 12 11% 49% 1 _ 11% 0 common. Electric Co Tampa Technicolor 11% 5 A common Realization 10c Corp Unexcelled Chemical Union Gas of Jan 2 1% 2 300 3% r Feb Union Investment 23 1% 22 23 11'A Jan 1% July 500 19% Sep 15% Union Oil $3.75 Union Co United series United Elastic Oct Milk United Molasses Aug 8'A 8% 500 7% Aug 10% Jan NJ United Profit 10% RR f U & Canal Machinery 100 . 222 common Conditioning Corp S Finishing Co $4 convertible preferred U S Rubber United 96 80 Jan Apr 6 May 43 Mar Sep Jan Aug 13 Jan i 3% Jan 4% Oct 222 30 r Jun 235% Feb 221 U Mar ft May 6% Mar 4% Jan 35% Jun 40% 480 34'A July 38% Jan 200 14'A Jan 2% 16,700 1% Jan 18% 3,400 14% Jun 36 36 37 15% 15% 2% 17% 2% 18 7,200 Corp warrants— Insurance Products i Feb 20% Aug \ July 63% 325 52% Jan 72 36'A 4,200 30% Sep 43'A Jan i 8% Jan t i- 9 Co 5% 5% 200 5 Sep 90'A 500 86 Sep 96'A Mar 6% 2,100 6 Sep 11% 2 Apr ' 89 6 'A 6 % % 53 10 - - 10 10 * common 5 Valspar 74 56% — __ 2% ' Jan 2% July 1% Feb % Sep 41 'A Feb 56% 2 l'A Mar 24% Jan 100 500 — Oct 28% 28% 50 25% Oct 37% Jan 2% 2% 1,100 2% Sep 3'A Jan 7 2,300 5'A Sep 11% Feb 1% Sep 12% Oct 4 15% Feb Jan Steel 6 'A 500 5% Sep 7% Mar May 74 74 10 73 Sep 83 23'A 24 1.600 22% Sep 30% 23% 24% 12,700 16% Jan 25% 20c 3% 3% 300 3% Sep 5 1 10 4% 4% 800 4% Oct 8% Mar 5 74 8 Co 1 Petroleum Syndicate Inc Vinco Corporation Virginia Iron Coal & Coke Co Vogt Manufacturing 6% 1 Corp common convertible preferred Venezuela 6% % 61% 50c Oil _ Sugar Venezuelan 'j 3% 34% 1 Co common- Consolidated Jan d 19% Mar 62 1 Reclaiming 28 6 * 36 9 Securities with Universal $4 9) jf Jan 38 % 9 common Stores 73 1 1st preferred Radiator 222 100 414 3 7'A e B International U S 88% 7 . 37% 10c $5 34% — 10 —25 Air and 300 36 __ 275 • 1 U S 4% 4'A —25 25 class 7,100 35% 10s __ Specialties Foil 10 5% — common U S 73 'A 4% « Preferred U S 94% 73% Jun, Sep 94% '5% 20 common Sharing common Shoe 94% -100 Co Ltd— preferred United 8% common- _50c rets ord registered United United 0 A Omaha. Products Vanadium-Alloys Jan - Jan 31'A * Corp United dep of Products Feb 211 500 9% Jan California— of Yards Aircraft 4 Co preferred Stock 2 Sep 400 Oct 26% Feb IV* 2 3% 200 3 A Mar 7% 2% May 5,000 12% 1,000 38% Mar 1%. 1% 4% 31% 3% a Canada Universal 1% 12% 3% 31% 5 Corp ' Utah-Idaho St 9% 25 25 25 25 25 Corp Universal Ryerson Jan 18% 4'A —25 _ Corporation Stetson Amer 27% Mar Royce Ltd— Amer 4% 5% Mar 17% Mar ' A_ Packing Co common Raymond Concrete Pile common B Jan 3% July 45 ■- Canada Sterling Brewers Ulen Investment Rath Class 42% 21'A July R Railway Sep 45 Corp Sterling Engine Trunz Quebec 33% B_ Sterling Aluminum Aug 32 32 * Co Steel 12% Mar 1,600 10% 10% 2(^ 2 8% 14 29 14 .10 com common— 3,400 31'% Mar Colorado— Co 34% 500 class (The) 3'A Mar 37% 10 — 34 — 2% 67% 38% 67A — 34 % 1,100 Light & Tube Steel 32% Aug Sep Feb 5% — Products Starrett Jan 4% 12% Jan 1'% — 29% 5 35'A Corp class Jan 4% Mar 500 preferred— —20 Standard-Thomson Standard 21 % Sep 2,400 a Standard Jan Feb 3 5% Corp preferred Power Common 500 32% Packaging Convertible ~3'A 17'A Mar 5% (Ky) May 21% 2 66% 34'A 63A 1 Ltd., 7'A May 5% Sep 19% 3% July 58 1,000 * Mines Jun 15 13 19'A 5 A 3% I9 1 ft Sep 95 -- — — 11% 600 — 1 200 3% 62 36 —-- 2.50 common— Pulp Pyie-National Sep 53 300 2% 36 .100 — of 3% Feb Sep 8 America— cumulative Sound 12,100 100 Standard Standard Feb Sep 35'A Co——— convertible Oil Jan 15 21% E'dison— Forgings Jun Sep 2.50 common Corp of Nevada Co class B Prosperity 1% 1 . Dome Sep 10 Co of Jun 69 Jun 25c Inc. Metals 25'A 12% „8 common preferred Lambert & 21'A 12% 50 common—. of Canada Prentice-Hall Pressed Apr 26'A 1 - — Co— Alexander & Corp Jan 24 Sep 67'% July 15,900 4/8 103% 40 shares—10s common Mining Co Powdrell Jun 17 200 24% 4/4 1 Valley Wine Co Scale 3% May 97% — 5% 12 A Royalty Standard Jan 76% 105 July —_1 1 common—12.50 Line Standard Aug Feb 13% Corp * Stahl-Meyer Inc___————-— .2.78 Standard Brewing Co 1 Standard Dredging Corp common. 13% Mar 600 * Ltd Railways Pneumatic Sep 6% Aug 13% 2.50 Pittsburgh & Lake Erie Pittsburgh Metallurgical Pittsburgh 25 \ <'f 4 2'A 2,200 3% 4% Shoe $1.60 Jun Jun 8% 13 % common original preferred cumulative preferred convertible preference 4.48% convertible preference 4.32% cumulative preferred 4'08% cumulative preferred— Spencer 900 0 4.88% Southland 16% £1 4.56% Jan 26 A • Corp Aug 23,200 100 10c Mines 102% 13% 26 /8 —1 Co Johnson Gold Jun Jan 13% (Mass)—20 Common— Pioneer Jan 96 27% 14 13 A 1 - Co Governor 101% _2 Corp.. Phillips 102% Jun 2.50 — Pepperell Manufacturing Co Perfect Jun 13/8 13 /4 Light 4%% pfd——100 & Jun 91'A 90 — (The)—— Boys 23% 14 13'4 2 common & Jan 200 _1 Co.—. Corp Power Jan 28'A 580 2 % 4 — 2 Reel— Mills & 28% 500 01/ -- — 1 A— Ltd— Co Pennroad Penn 1% 4 A Plymouth Traffic Penn Pep Rig Jun Sep. z~~, 1 - Parkersburg Patchogue 25% 25% 630 2 % 24% Jan 28 % Mar 130 04/ — Jan 31% Jun 65 14 44 Jan 13% — J'4 J'1 100 34'A Jun 25% 1,300 97 — share—1 Bol Corp class 96 A Jun 27 1,000 93 — —8 vtc._2 Bol Company— Co 2% 9 7 30% 100 15% II common Co Pipe Sep 96'A 4'A California Southern 220 3% 37 V4 May 6% 21% 16% 20 5% Jan 1,200 27% 27 % 2b/4 * A) Amer Motors Chemical (C 9,,/4 16% 1,700 J. 30% 27% * common— preferred Page-Hersey Tubes common Pancoastal . -- Jun Oil Penn Southern 1,000 101% 102 11% Mar —--1 Corp Coast 69% 300 Apr 15% May 19 preferred———* -1 ——-* Manufacturing Soss 68% 69% 102 1 — Corp Sonotone 39 1% Publications— Pattern common Ltd common—.— Singer Manufacturing Co : Singer Manufacturing Co Ltd— Amer dep rets ord registered Smith (Howard) Paper Mills Simplicity Simpson's 4'% 38% 1,100 of Sherwin-Williams Jan 800 4% 4% 38% -* 25 preferred ——'—-———100 Shawinigan Water & Power Sherwin-Williams common —_ Sicks 140 27 /8 27 26 /8 % Oct Oct 100 1st $1.30 Park * 27,4 27 A 26 A 9'7/8 fl7 10c — Jan 46 29% Sep 29% 50 32% 4'A 98'A 46% 47 103% 104 2 2 19% 19% 78 80 8% 8% 6 6% 16 16 27% 1,200 Jan 20% 400 -- -- 4% Shoe 12 5 common— 4% 14% P Pacific 4% Canada—— Corp of America class A * Breweries Ltd — * 1% 18% 4% 1 Olympic Radio & Telev Inc—— Omar 78 Company —1 % $3 convertible 4%s preferred- Power Ohio Oct 5% Jan o Okalta Oct 9% 87% July 110 29% 1% % 700 14% ■ common..— 50c 1% Ohio Brass Co class B common—— Corp 30,000 20c * 5 Simmons-Boardman Ogden % 10% —--1 Jan 2ft May High % 9% Safety Control class B Inc Sentry 3% Mar Low ft Servomechanisms 44% Mar , Range Since Jan. 1 High 10'A —-1 Silex 92% 92% 26 Sep 82% — — Sep 2% 800 3% Low —12.50 Oct 'A Oct 600 4,000 Shares Lock & Hardware Selby Shoe Co Sentinel Radio Corp. common Segal Serrick Corp 10 2% 41% 2ft —50 pfd.,100 — Corp Novadel-Agene 20% Mar Aug —1 —,/ Pub Serv Ind Northern Oil Texas RR Penn North Sep 1% ft 25 5 Ltd— Oils Airlines Northeast 14% 1,300 1% S3 preferred_50 Rayon American 2,700 4% _—Is J—1 dep rets ord shares Norden Laboratories Corp Amer North 16% Mar 19 Sep Products Ltd— Metal North 16% 1 Inc—— Lites Non-Ferrous 700 15% for Week High 16'A Sales Range of Prices Sale Price Exchange Par Low 16V# 1 Mines— Nipissing Range Since Jan. 1 High 16% -* Last STOCKS American Stock __ 5 common— Pond Niles-Bement Noma Corp Share Niagara Week's Friday Week's East Exchange American Stock OCTOBER 23 ENDED Sales Friday STOCKS WEEK FOR « 8 24 Jan Oct Mar 25 25 25% 200 24 Oct 39% Jan 13% 13% 13 3A 400 11% Sep 14% Apr -j Volume 178 Number 5267 The Commercial and Financial Chronicle ... (1595) AMERICAN STOCK EXCHANGE RANGE Friday STOCKS Week's Last American Stock Exchange Par ENDED Shares Low 7% • voting ctfs ext • ; preferred Waitt Bond & 100 Inc High Low Wallham Watch Co Ward Balling Co Wasatch Corp Webb & $6 West 1 12% 13 1 1% • $6 • Western Leaseholds Ltd , Western Maryland Ry 7% Western Tablet & Stationery 100 * com_ Coal Inc 5% % conv Wichita Wiclces Wilson 5% 1 % Jan 4% 1,200 112% n 5% 4,700 5% 181 Jun 110 5 -1% 4 7% Sep 10 Xl77% Sep 33 2 33% 100 32% Feb 350 11 Sep 23% % 16 7% 7% x8 % 5% 4% 5% 1,100 B 8A 8% 8% 5% 5% pfd 13 11% 11 100 102 3% Sep 6% 8 Feb 9 4% Oct 11% Jan % Sep 10% 20 13% 13% 8 32% 31 32% deposit receipts Apr Feb li; Jan 14 Sep Mar 105% 15 Aug Ltd Oct 44% May May 6 1% 1% 9,000 1}| Jan 3 __ • May 3% Sep Sep 2% Feb 1% 7% July Oct. Oct. BONDS Interest Stock Last Period Exchange Sale Price Week's Bid & Asked Low Appalachian Bethlehem Elec Steel Edison Boston Chicago 3%s Power 6s 2%s Transit Delaware Lack 1947-1978 of 1993 mortgage 4s series B 1993 Fuel Marrelli Lt Finland Mountain ser High 91 20 150% 96% 95 90 % 90% 25 84 91% 65 66 16 60 Mar-Sepi 56 56% 8 56 1940 coupon 1947 ]953__~_May-No© 1953 May-Nov coupon Mtge Power (stmpd 95 % 6 95 103% 103% 3 103 1:88 — A7s with A7s ex Nov Nov A6 % "/„ Extended _j $91% II $99 100 $53 59 Jan-July at Nippon Electric A 1st . clue mortgage Pennsylvania 3%s 6%s 1st $88% 1952 Mar-Nov April-Oct ! $30 1953 77 — A6%S 1963 3%s 50-year Safe Oct Oct ex 53 __ California series — 75% M 89% 7 79% 27/tiS series C 3%s series D 102% 104 — 87 100 127% __ 89 Southern Counties 1st mortgage Southwestern 96% 14 Second 10 Rail¬ Util¬ 65 Indus¬ Grade Grade Util¬ trials roads ities Stocka trials Ralls Ralls 98 272.80 — 50.77 Spalding Starrett (AG) 2 100% 18 100 3s 1965 1973 B Stinnes 3rd 97.44 50.83 104.84 2nd Terni Aug 104.94 96.88 96.85 96.05 95.70 96.37 104.91 96.90 96.88 96.03 95.81 96.40 274.89 22__. 51.03 50.99 97.27 50.94 105.14 96.93 97.06 96.08 95.88 96.48 Over-Hie-Counter Industrial Slock Electric United A7s with A 7s ex Dec Dec 1 Waldorf-Astoria A5s Compiled by Oct. 100% Oct. 21 Oct. Oct. 1970 1 95 __ Composite Manufacturing 1940 1953 coupon 1940 coupon J 947 100): -1853- 100 Trade, 201.7 217.1 — — finance and Service. 199.1 121.9 Transportation Utility 178.4 2.5 235.6 202.0 172.4 210.2 3.1 + 179.8 236.2 205.2 — 207.0 + 209.2 214.5 185.4 241.1 __ Goods Non-Durable 2.1 + 184.2 Low High Change Oct. 9, '53 188.0 259.1 228.9 3.1 242.0 195.0 120.9 + 0.8 125.2 115.4 199.8 + 1.0 213.8 195.0 213.4 + 1.7 268.3 213.4 + 2.1 + 90 87 100% 101 12 130% 39 95% 91 96 Daily, Weekly and Yearly 101% 99 95% 97 97 94 99 $91 % 95 92 96 __ 95% 95% 5 95 10 93 Week Ended Oct. 23, 1953 102 96% 1 90% 99% 99% 1 93 __ 87% 88 17 83 81 82 5 81 1,329,400 88% $2,044,000 2,615,500 2,124,000 2,605,000 3,302,000 22". - Fri. Oct. 23— Total — 6,452,300 $12,690,500 $1,603,900 1,333,380 Government Bonds 125 9 137 140 25 Feb-Aug $88 112% 157 112 156 77 120 125 ----- 5,000 105,000 ------ $8,000 $8,000 $115,000 93 Stocks—No. 1953 1952 6,452,300 shares of Government*0^ —... $88% $30 RaSoad — - f S! __ $105% 106 jTar-c—« $90% Jan-July 1963— 102 % "and $103% 104% June-Dec 105% 105% 99 debentures 99% Feb-Aup 1959 99% 3, <01,400 $14,417,400 261,070,576 8120,050 836,000 76,842,940 $26,000 1,605,500 786,000 64,207,190 indu^rYai::::::::::::::::: i2,69o,5do 13.316.000 549.418.400 528,226,400 — $14,417,400 $14,947,500 $627,140,340 $593,339,640 —— 97 104% ~2 105% 112 7 99% 101 Union— 1960 ^,890,000 $43,000 1 603 900 Total 106% 76 93 Jjtne-Deu 285,219,314 5,5p0,620 $8,000 H5.000 ----- Bank"'""7 International 1956—_—June-Dec 1956 coupon S — Sales $2,414,000 2,857,500 2,554,500 Jan. 1 to Oct. 23 1953 1952 Week Ended Oct. 23 U $30 Tofai Bonn United State* $5,000 $365,000 242,000 425,500 180,000 391,400 1,319,370 93 Thurs. Oct. Bonds 1,283,530 Tues. Oct. 20__ Wed, Oct. 21_ 101% Foreign Bonds and Miscel. Shares 1,186,620 Mon. Oct. 19— 98 96% 99% lnt'l Bank Bonds Railroad Stocks Number of 101% 101 % Feb-Aug Exchange Transactions a! the New York Stock 147% 75 Hotel— Newspaper 1 1953 for composite and by 1953 I 1947 coupon Service Co— 1 30 49.67 Jan 45.06 May prices based on the closing prices of ended Oct. 16, , Durable Goods 103 101 % Jan-July Western f 1952 for Low Oct. 16, '53 101 90% 90 75% April-Ocf 1946 Water Power 3%s 1964 s Range 2 16 High 46.28 23 _ the common major industry compared with the preceding week and with highs and lows for the 99 $93 April-Oct i960 1946 5s conv 45.96 46.10 22— 49.80 Feb 44.40 Sep High Low 46.00 20 1953 for Range current year are as follows (1939 =■ 89 $96'% May-Nov trust West Peun Traction 6s Bureau, Inc. Quotation 46.03 19 Oct. stocks for the week — 3%s 1989 deb 6s ser A Corp Washington National Closing SEC Index of Stock Prices 103% April-Ocf income debentures. 1954 Wasatch Average (35 Stocks) Co— 1 96.34 97.15 97.19 Industries— Aug 95.60 273.90 273.74 Corp— stamped with ex -- 140% 140% Jan-July coll Hydro-Electric A6%s A6%s 95.98 96.91 96.88 96.33 $30 75 1970^ (Calif) Electric stamped (Hugo) A7-4s 3%s & Bros 5s (Hugo) A7-4s Stinnes $88 April-Oct $91 Jf)7l life 5s Corp 40 Bond* 95.56 96.00 96.98 96.80 104.59 273.31 16 97.05 Wed. 142% Fob-4mo Gas & Total ities ' 93 96 % 100% $98 June-Dec Feb-Aug Gas 3s Gas 10 First 104 77 101% 102% .May-Nor 1976 California -Bond* "V Percent $102 1962_Jan-./jtIp Mar-Sept J an-July Feb-Aug 1976 Southern "cons," consolidated; "cum," cumula¬ "v t c," voting-trust certificates; warrants. 90 Jan-July 1981 deb conv Edison series 3s without 10 Thurs. 90% 89% : 1973! A ref 1960 3s Corp Southern and deposit; of w," Indus¬ Co— 1998___ Power Petroleums Ltd 5s 1st "x 10 __ 89% Jan-July I960 Gas Sapphire 3%s certificates warrants; , Tues. 85% __ April-Ocf 1964 coupon coupon & debentures 6% Harbor'.Water % . Co— 1940 1 cash for Total 59% 75% Apnl-Oot 1947 1 Electric Service rTransaction range), year's 15 102 78 $142% Jan-Ju\y i960 , Willi A6%s with 8 toe ka Mining' Public in 95 93 81% Jan-July to Power 3%s Hydro-Electric included (not 20 Mon. Ltd— 1970 Piedmont 6% 30 75% 79% __._May-.W01; 197 L 3s on 106% 81% 1961 mortgage Water & 6% 3% Slock and Bond Averages groups ctfs 1963 extended 1953 Power 3 1 daily closing averages of representative stocks and bonds the New York Stock Exchange as compiled by Dow, Jones & Co.: 101 75% w," Date— Trust— Power Co mortgage 6%s 1952 coupon to 4% 1 ... The SEC Index of stock coupon Realization England Power 3%s 4% 4% the Fri. June-Dec J970 liquidating trust Valley RR— Midland 32 4% 4% transaction above—"cod," "w RR— 1940 1 J947 I Power 41% 29% Deferred delivery transaction (not Included in year's range), d Ex-interest, (not included in year's range), f Ex-distribution, g Ex-stock dividend, h Ex- used are $30 Mar-Sept 1963_° 3%s modi 36% 31 Bank— - Western & 95% 40% __Jan-July 1919 receivership. issued; 63 103% 95 2 39 % 31 ..Jan-July 2012 6%s a in 68% Hydro-Electric Co— Italian 1st 95% Oct. 102% 135 95% Jan-July 1956 1961 Guantanamo Isarco 1965 5s 44 (Plan A)— nUnder-the-rule Mlg Co— 1 1 Residential stamped Green RR Elec Nov ex 3%s & A6%s with Nov A6%s Low 96% 9 __ 56% May Ercoie No. __ 65 —May-Nov & High 101 Jan. 1 90% __Jan-July A Gas 130% Range Since Sold RR— series Water 101 + Bonds Division— 4s of Elmira Ohio June-Dec mortgage A 1st New 1970 A J Eastern 4s June-Dec Quar-Feb N 1st 5s series Western & Lackawanna 1970 1998 1 Oct. Authority— series revenue 3%s Aug Range Friday's or 1290 43% 37% _June-Dec Date Oct. Friday 40% 1997 1 2% transaction when listed 16% Mar 31 £1 - Jan to ■ Below Jan Sep 13 % 2,100 5s 34% — __ included i," 3% Mar Jun 98 100 "w Mar 12% 1314 3s Abbreviations Apr xl4% 2% Aug 1 2 101% tive; "conv," convertible; "M," mortgage; "11-v," non-voting stock; 6% Mar 103 40 $42% Jan-July May Feb 100 '• $38 Mar-Sept 25 Sep 4 400 58 96 1 § Reported 20,700 11% 100% 100% Jan 100 % 2008 1997 E stamped value, par 63% 57% Jan 100 2% 1921 Odd-lot (not Aug 900 13 % 2% 2%s series reduced principal. Lid- American 63% 63% 12 2% % $63 % $50 18 % Oct 21% 1 2% to 6s 13% Aug 500 1 common Hargreaves High 63% __ 7% 1,700 Machine preference Low in year's range), x Ex-dividend, y Ex-rights, z Ex-liquidating dividend. $Friday's bid and asked prices; no sales being transacted during Current week., A Bonds being traded flat. 17 17 _25 4 % % e 25% Mar 25 (F W) Sine® Jan. 1 No. A)— Government %s '■No Jan 19 1 LI, A5 34% May 12 fund Janeiro de Jan Aug 1 & Range Sold of) — 2%s ARussian Jan 12% 33 12! 1947 Chile (Plan reduced f s Interest Mar 200 stamped Sinking Rio Mar 1% Sep 1927) Bank of (Republic Extl Jan 113 July Oct Peru Jan 189 3% Aug 70 8.700 1 6 181 xl48 Mar Industries Inc__ Wright Aug 230 17 Corp! Woodley Petroleum 0% U 13 54* 1 American 45,600 Feb May 23% Ltd Wool worth II 168 of Interest Jan 2% Oct 100 common Wood Newspaper 13% 111 __ 1 preferred Woodall 10 Jan 200 Corp___ Pwr Jan 3% % • Wisbonsin 6% 50 18 (R C) & Co Products Inc Brothers 100 25 Petroleums Wilrich 6,400 1% (Issue Parana 14% Aug Jan 1% 4 4\A A7s —June-Ded 17% Co & Oil Bonds High 163% May-Nov April-Ocf 1947 1927) Mortgage Bank of Denmark 5s 1972_ 24% Inc preferred (The) Williams Willson Apr 11% 350 May Jan 1% 1 5 (Wm I River Range Friday's or Bid & Asked June-Deo 10 Mfg Stores Auto Whitman 20 1 of 1931— 7% 164 111 * pfdi 1st 400 (issue AMortgage 8% % lOo Westmoreland Sale Price Aug 112 Jan 1 % 164 1.25 pfd % A7s 8% Mar 7% July 8% 10c - Manufacturing Westmoreland Last Period Exchange Low 3% Mar 7% 8% Western Homestead Oils Ltd White's 600 1% common Utilities Stuck High Sep 105 • Weyenberg Shoe Whirlpool Corp 7% 2 __ warrants preference Texas 1,800 7% __ 2% 30 1 Knapp Inc series Wentworth 2% 1 preferred cumulative $2 Week's Interest BONDS American Range Since Jan. 1 Mortgage Bank of Bogota— Co Baking Wagner 23 for Week w Aircraft Waco OCTOBER Friday Range of Prices Sale Price WEEK FOR Sales Transactions at the American Stock Exchange Daily, Weekly and Yearly Stocks (Number Foreign Governments and Municipalities Friday Interest Last Feriod BONDS American Stuck Exchange Sale Price or Low Agricultural Mortgage Danish External 5 %s AExternal Danzig Port AExternal 5s & AMedellin Low High 92 193% — — 93 93 , $69 •— — stamped 1951 19,0(10 H,'uw $228,000 $113,000 $126,000 $467,000 tioo 99% 15 15 15 $48 50 99% 101% 99 1958, Jan-July Mar-Sept 77,000 —————— WeeJ(. En^e£ QCt% 23 1953 Feb-Aug 81,000 20,000 1,641,630 Total 1952 101% of shares 11 88 99% Stocks-No. 2 12 17% Domestic Foreign government T— 1,641,630 —- $228,000 1,412,025 Jon. 1 to Oct. 23 1953 1952 83,124,034 86,389,435 Bonds Waterways— 2008 144 000 85,000 295,505 . 99 % May-Nop T 2%s iq nnn 40,000 , 340 750 Loan— 6%s to 34 000 30'°j?;? 27,000 850'4 Fri. Oct. 23 69 Bondi $67,000 2,000 20,000 Bonds 66,000 350415 l Tow $3,000 534,000 Thurs. Oct. 22 93 68 Wed. Oct. 21 Foreign Corporate Bonds $30,000 335.815 — 20 ' 1955 1953 reduced 7s No. Oct Foreign Government Bonds 319,145 Mon.Oct.19-_ Tups < June-Dec stamped 1952 ALima City (Peru) 6%s stamped Maranhao stamped (Plan A)— Interest Jan. 1 +93 % April-Oct Jan-July 20-year 7s April 1946— A 20-year 7s Jan 1947 Bogota (See Mortgage Bank of)— Valley 7s 1948 Cons Municipal High Range Since Sold (Col)— Bank A ACauca Bonds Friday's Bid & Asked Domestto of Shares) Week Ended Oct. 23, 1953 Week's Range 43 49 May-JVop +40 41 $69 63% 69 113,000 126,000 $152,000, 194,000 164,000 $}0>;?12,000 *3,354,000 4,397,000 5,101,000 $510,000 $27,963,000 $22,780,000 '?™'nnn 43% June-Dec —— — Foreign corporate Total $467,000 = 31 32 The Commercial and (1596) Financial Chronicle... Monday, October 26, 1953 OUT-OF-TOWN MARKETS RANGE WEEK FOR OCTOBER ENDED 23 Friday Boston Stock Friday Week's Range of Prices Woolen American Edison preferred (when issued! Boston Personal Prop Trust <fc Providence Calumet Gas Common 1,743 8 74 66 15 2574 26 90 & Fuel 16174 Jan 26% Jan Feb 4574 129% May Sep 46 53% July 8 74 Aug Sep Feb 23 Sep U 30 Sep Jan — Inc 73 __ 90 88 6% 7 74 110 161 71 174 250 75c 174 10 10 10 36% 3674 29 30 16% 1 s J/a __ __ -100 • common __ • 10 Star Lone Maine 9574 Oct 9% 1374 Sep Corp 34 74 Mar 45 Jan 37 74 Mathieson — Corp 12 2 11% Jun 1374 Mar 68 ¥4 16% 30 14 Oct 2574 18 74 90 xl8 21 95 41% Apr 50% Electric System— England Tel & Tel- New Norbute Corporation Northern RR IN Apr 8074 York Stock New Pennsylvania Quincy 43% 3274 10 100 Jan 12 590 Sep x81 10 10% Oct 2774 40 1974 130 114 180 27 Sep 17% Sep 104 Sep 38% 293 12 235 11 Jan 17% Sep 4374 Shawmut Stone & Webster 34 American Stock Exchange Midwest Stock Exchange DETROIT Building WOodward Telephon< 2-5525 Feb Jan 38% Oct Week's Sales Last Range for Week Sale Price of Prices Shares Friday 13 % May 18% 260 16% Sep 2574 Feb 13 74 13% 2,381 12 74 Jun 1474 Range Since Jan. 1 Low High Feb 100 113% 114 114 92c 95c 101 101 — 110 1,600 10 110 Sep 66c Jan 98% July 11574 Feb 1.00 May 104 Apr 19% < 19% 9% __ 1974 9% 531 25 Allen Brewing Aluminum Manufacturing Sep 9% 23 % Mar 11% Burroughs 300 85c 18 18 85c 18% 110 18 Oct Aug Jun Brass „ 5 _ common Jan • 23% 237/2 108 2074 Sep 28'4 Jan 27 27 100 26% July 37% Jan 12 12 74 360 11% 14% Apr Chrysler Corp _ Consolidated Continental 390 2874 Sep 42 127 11 Paper Apr Oct Mar —10 , — 1174 Sep lb % Mar 14% 15 1,035 13% Sep 17 6674 77 ¥2 1,212 64 ¥2 Sep 94 ¥4 24 ¥2 25 1,120 2374 Sep 27 3974 25 _ 40 1,505 25 • Power common Consumers 31 77 ¥2 - 1% May 21% 3% 20% 160 11 ¥4 "'« — ... Jan 200 1474 Company - Jan 2 74 404 274 2074 2974 —_ * Corp 474 Aug 374 1874 July 4 274 3% * —, & Hign 20 % Electric Altes Eohn Sep 18 74 85c Low Par Budd * „_ . Jan Apr 3374 132 17% > Inc Torrington Co 6274 12% July 13% ——10 Association May Oct 17% „25 — 55 Feb 1074 Jan —20 50 Co Machine $1,000 Feb 66% 9% 587s 11% __ 100 RR Mining Folding 57% Stock Exchange Detroit Briggs Reece Jan 493b Mar Exchange Oct 3774 2.50 —— Hj — Feb 44% Sep WATLING, Lerchen & Co. Oct 66 890 5 England 72% Sep 40 57 1998 4%s— Trans STOCKS New Jun 3374 128 Jan Jun 1,674 18 1 Nash-Kelvinator 6274 255 48 74 BONDS— Cinn Apr - 8 0 74 ,108 — 5 Narragansett Racing Association 50 37% 46 48% 68 ¥4 3774 • Apr 48% 27% — 100 100 Chemical 12 May 64% v 10 _— common'.—; Jan 12 Jan 1074 • RR Jan 3374 Jan 10 — 25 preferred 7874 Sep —* 1% July Jan 4274 1 Cement Central 5% Jan Sep 3174 20 9% Mar Sep 28 25 7 8 74 78 74 1 Loew's Boston Theatre 30% 6674 165 Sep Jan 100 4874 • _ Gillette Safety Razor Co new_ Hathaway Bakeries Kennecott Copper Oct 61 34% —12.50 Ford Electric General 66% 7174 3274 25% 77 2674 Members 100 .100 National Stores First 6774 70 Carbide Steel S Feb 120 6774 71% 3474 5 Westinghouse 13% Mar 43% 33% (Ohio) Toledo Edison Union 29% Mar 10 (N J) Oil HiOh Luu 25 -25 (Indiana) Oil Standard Oil Standard Range Since Jan. 1 High 2674 * Associates- (new; SS Lines 640 120 74 74 774 „ —_10 —_ 5% 4874 3974 90 __ 5 preferred class B preferred adjustment Eastern 47% 100 Eastern Massachusetts Street Ry— 6% 1st preferred series A 6% Sep 75 874 10 East Boston Co Eastern Sep 32 Standard High Jun Low * i RR Hecla & 1374 29% 3974 48 100 • Service Cities 164 403 (when issued)_100 577 Boston 10 74 123'/a 123% — 25 Boston & Maine new Low 15674 31 100 Range Since Jan. 1 X152 15 15 50 Boston & Albany RR Shares High 4,306 Shares 2674 Brands Standard 155 156¥4 —* — Anaconda Copper Boston Low * 100 for Week Par for Week Sale Price Par American Tel & Tel Range of Prices STOCKS Sales last STOCKS Sales Week's Last Sale Price Exchange Motors 35 % Apr 8 ¥4 8% 100 774 Sep 5% 1 5% 360 5-% Jan 8 Jan 74* Jan Feb Mar Oct 40 11% Mar ' Union Twist Drill United Fruit United Shoe U S __5 Co • Machinery Rubber Co common / „ Waldorf System Inc Westinghouse Electric Corp. 23 5 __ Oct 46 46 48 44 % Sep 58% Jan 3774 37% 3874 375 3574 Jun 41 Jan 28 125 23% Sep 31 % Mar 27% __ ■> 3,303 1274 12.50 1274 60 1274 Sep 14 4574 48 4874 647 39% Sep Detroit Cleveland & Detroit Steel Detroit Steel May Gar Cincinnati Stock 20 Week's Range Carey 10 Champ Paper Shares Brewing 19% __ Gas Elec. & com new Preferred C N _100 & T P common 20 ♦ Cincinnati Telephone Cincinnati Tob • Ware 25 Cincinnati Transit Formica • Ins • 39% • 21% Oct Htgh 25 Jan 17i/4 111 16% Sep 19% May 3074 32% 175 26 74 Jun 3274 Oct 14 10174 Feb 19% 587 94% 17% Jun 19% Jun 96' 41 91% July 1974 Aug 10274 Lunkenheimer _ — i8% Ball & & Randall Gamble Print Howell Inc — Unlisted American Oct King-Seeley 108 Oct Kresge Co 75 1,077 7374 Jan 7774 Jun Masco 36 15 32% Jan 36 Oct Motor Products 2,690 374 Jan 5% Oct 35 391/2 160 35 Mar 39% July 51 60 48 May 54 July 44 224 Jan 44 24 18% 1874 7 24 6 Vo 24 Oct Packard 21% Jan Park American Tobacco Co— Armco Steel Armour 446 229 18 24% 2474 2474 175 23 4774 4774 32 10 Co & Ashland 25 5 Oil 1 Avco __ 7474 3574 B&ORR Co 100 Canadian Pacific 25 Chesapeake 25 Chrysler & Ohio Corp 25 Service __10 Products Columbia Jun 68% 22 July 27 Aug Rickel 49 Feb Mar 4774 Sep * Gas • Curtiss-Wright 1 Pont 5 Eastman Kodak Federal Dept. Co 10 Stores General Electric General 5 Jan Motors Greyhound (Fred (H W) & International Harvester International Manufacturing Jan Tel & Tel Inc Sheller Jan Jun 7674 Aug 30 74 Sep 43 Jan United Shirt 1074 Jun Wayne Screw 60 34 35% 347 132 5 % Sep 8 74 50 8% Sep 2074 „ 21% 21% 105 __ 2374 23% 12 36% 35% 36% 67 67 74 874 Oct Sep 874 12 National Ohio Ohio Distillers _ Edison Oil 41 ¥2 64% 9574 7374 74 74 56 71 Oct 2 9 74 57 2974 Oct 13% 163 1274 Jun 15 7% 7% 20 7 Sep Penn RR 50 91% Jun Products Oil 974 Jan Admiral Jan Allied Republic Steel Industries Sears Roebuck Sinclair Socony 10374 Southern Company For footnotes see page 41. May 12 Jan July 22% Sep 27% Mar 480 33 74 Jun 35 3 4 Feb 3 25 ¥a 22 ¥2 22 ¥2 (Un) 25 Oct 374 May 3274 Mar 150 22 74 Oct 27 Amer 34 4174 Jun 45% Oct 15 36 74 Sep 4774 Jan 374 374 3% July 286 4¥B 4% 1,505 4 374 Mar 267 1774 4 7 ' Jan 574 Mar 34 16 74 Apr 7974 Oct American 69% Feb American Cyanamid Co Jan 374 3474 374 Aug 579 30 ¥2 Jun Sep 1274 July 25 % Sep 1374 Aug 3374 Jan Can American & American Co (Un) Foreign Potash Chem & 1474 Sep 1974 Radiator & Oct 13 July American Smelting & 57 57 57 8 54 Sep 5974 Aug American Tel 56 5674 35 51% Sep 5874 Mar American 3% 500 3 Sep 4 Feb 6 ¥2 6 ¥2 500 5 74 Jan 7 Mar 1774 1534 880 17 Oct American Viscose 700 1 Sep 600 874 Feb 974 May 2% 1,900 2 74 Jan 4 _10 14% 14% 282 13 ¥4 Jun 14% 14% 225 13 ¥2 Sep 1174 2274 Jan & Tel SS (Un) Refining Co 174 6 ¥2 100 674 July 77'B 1% 710 174 July 1 VB May (Week's for Week Range Since Jan. 1 Shares (Un) 61 23 Oct 3274 90 6474 Sep 7474 Jan 4374 44% 41% Oct 1174 Sep 58 Jan 12% 630 150 1474 1474 1,000 36 36 46% 4674 974 1£0 235 (Un) 3974 Feb American Woolen (Un) Sep 577< Aug Anaconda Copper Mining Co (Un) 6% Jan Armour 2374 Jan Ashland & Corp Co (Unl.i (111) Oil & Ref (Un) (Un)-_ 1Q74 Jan 4374 Sep 1574 May 62 74 Jan __ __ 4674 974 a3l74 a3274 100 45 __ __ 100 Sep 5074 Sep 28 ¥e Jan Baltimore 60% Feb Bandini Petroleum Co 12% 1274 250 28V* 28% 454 15674 156% 1,460 a75 74 a75 74 __ 37 13 Sep Jan 15% Mar 32% Feb 36% July 44% Sep r 49 Aug 874 Sep 1074 Mar Jun 347^ Mar 30 367« Oct 15%; 687 14% Sep 25% Mar 32 74 895 3374 619 2974 Sep 3174 Sep 4474 3374 4274 Jan 9 9 100 8% Sep 11% Apr al2 72 11% Sep a9174 a93% 33 88 Sep 26% Oct 10 __ 5 1 — - al2 all% 37 493 27 27 850 8% 200 21% 21% • 56% 56% 10 5574 Apr 33% 33% 97 3074 SeD 4374 Mar Bankline 3274 32% 25 3174 Sep 37% Jan Barker 15 15 21 1374 Jun 1674 Feb Basin Jan 32 874 2074 Jan 7774 Aug 3674 10 41- 25 Feb 43 % 1574 13 60 2274 1574 16074 25 Baldwin-Lima-Hamilton 4774 Oct 25% Sep 15374 Sep 65% Jan 50 50 22% 1 274 44% Atchison Topeka & S F (Un) Atlantic Refining (Un) 45% N 1574 Jan • Corp Jun 95 a2274 a2274 12 % 4474 25 50 74 50 High Low High a67 7/2 a6874 a2274 • 35 45 Feb Sales Range of Prices Low (Un)_* 70 19% 374 Mar 14 74 Mar 580 11% Jan 54 1374 1774 Mar Sep 11% 174 ¥2 * 3874 45 % 15% Mar 6 ¥2 11 1 class B 5374 19% May Sep 3 100 3 3 --1 * 52 34 1274 Apr 1 ¥8 85/B 10 3834 4574 1% 174 8V? (Un) Tobacco 374 Sep 1874 Sep Mar 274 1274 (Un)___ Power 1074 35 Jan 674 4 4474 Mar 274 _1 1 75 414 Oct 4 300 __ 1674 Aug Jan Apr 96¥4 May 3374 Jan Aug & Ohio RR Oil Co Bros Oil Co common (Un) 100 __ 1 2.60 1 1074 2.90 1,100 «. 8 10% 10% al2% 10 20c 300 2.60 al3 1,300 10 774 8 74 3.115 874 20% 2.60 874 327/2 574 Sep Sep Oct Feb Oct Jun ; Feb 24 Broadcasting-Paramount Theatres 105 4 Sep 3 ¥2 1 Common 1474 15 274 299 17% — * (Un) 3774 11 __ Feb 225 4 4 4 3 225 411 3 3 25 „• 1474 3374 , 574 Mar 263 3¥s Angeies Stock Exchange (Unl American Airlines Inc • 5 10 Sep 34 74 Last Dye Oct 1.40 .15 Sep 574 25 1 & 1074 * * Vacuum — Corp Chemical 1474 __ Schenley 774 303 1674 Mar 374 Par n 1274 350 5% Sep 34 Friday 45% 110 II 8 ¥e 1274 2474 Sale Price 3774 27% 3374c — ; Jan 16 74 575 100 574 — STOCKS 4574 27 50 Pepsi-Cola Pure 103% 10374 6674 » Sep 1474 13% 8 -1 1 Los Armco Steel Packard - 33% Mar 137e 5374 __ 14% 474 Mar 1474 95 74 Mar 29 74 31 II 14 410 13% ■ Jan 143 ♦ 17 74 Mar 1 _ Distributors Jan 35 Sep Oct 231 8 __ 2574 July 3274 1354 » 374 May Oct 100 7 14 ¥2 Feb 110 7974 • _ Oct 7 14 Jan 5974 National Cash — __ Manufacturing Mar 3374 1374 * 674 7 14 18% Mar Sep 23% Aug 78 74 Montgomery Ward & Co Inc Sep 1 __ Udvlite Corporation 75 74 5874 • Sep 6 ¥2 _ Superior Tool & Die 69% 74% 7974 « 174 3% 1 Scotten-Dillon Feb American Loew's 2% Mar 500 200 8 ¥2 1574 574 2774 8% 1% Paper 5474 5874 • Sep 374 2 Raisin 161% 874 __ Sep 7 74 __ Co River Oct • 3 5374 100 1% Co. B) Jun 5 Corp _ _ Peninsular Metal Products 1274 43% July 574 __ Jan 1.185 7 74 • 152 % 70 574 __ Jan Feb 59 ¥4 3% 1 _ _ 260 11% __ 77B Mar 3 6914 1% • _ Allis-Chalmers Du Mar 58% 4 Car 220 33 __ Mar b 3% 10 12% 132 1374 277 1 1 common _ 46 74 874 __ Jan 374 33c 7¥« 1 _ 1274 1274 7374 Sep -5 155 74 1 56% 874 __ Sep 3 ¥2 10 Metal Motor Prophet 11% 13 3% Mar 1 — _ _ Chemical Jan 59 % 12% __ 3 Baldwin-Llma-Hamilton > 650 1,235 16 ¥4 Mar ---1 —- Products 48 74 __ 4 ¥4 5 ¥4 —__10 preferred Jan 20% 1 56 74 - - — - __ Murray Corp Jun 6574 10 4 74 4% 1 _ Wheel Motor 1674 2074 —5 4 ¥4 —2 ¥2 (S Si Screw 21 6414 Telephone & Telegraph—100 Sep 4% __3 — — Rudy Cyanamid American Sep Sep Oct 2874 29 Oct 3674 Stocks- American Radiator Cities 110 Oct 2074 __ 22 10 - ___ — Jan 6574 50 _ Electric Motors 108 • common... 15c 1,558 11% Mar .—5 ~ __ Hoskins Manufacturing 102 5 Preference 4,300 1 Bearing 14 • "B" 15c 25% 59 ¥4 Houdaille-Hershey common Ironrite 274 1,120 15c 23% —1 _ Manufacturing Parke Davis Procter _ Lamp 35 5i/a 274 15c 25% — Hoover 108 434 2% 1 Higbie 110 24 • I __ 21% 2% Feb 674 Jan 50 __ Magnavox City Low 160 43 • Kroger S High 2174 1 5 _ 743^ 5% Sep -- 1 __ Mount Clemens Gibson Art— U 2174 Hall 36 7g 2074 — Motors 108 __ 21% 125 Industries no " Oct 1 Co Kaiser Motors O Preferred , __ Jan 11% — Great Lakes Oil & Chemical 9574 8.50 Preferred Cln. 24 ¥2 225 Range Since Jan. 1 9974 10074 3274 12,250 11% Trailer Wood General 171/4 __ • 460 28 ¥2 1174 __ -10 _ — Goebel Brewing for Week Low 21% Exchange of Prices Last Par 9 ¥2 2774 11% Gemmer Manufacturing Sales Friday Laundry 8% 28 ¥4 1 _ _ Products Chemical Fruehauf American — 49% Mar Friars Sale Price 5 — Corp — 20 Navig Edison Detroit Frankenmuth STOCKS 1 Bros Davidson 1174 Mar 29% Mar 4.50 Apr 15 Mar ; Number 5267... The Commercial and Financial Chronicle Volume 178 (1597) 33 OUT-OF-TOWN MARKETS RANGE Friday STOCKS Last Range ENDED OCTOBER 23 Shares Friday for Week of Prices Sale Price WEEK FOR Sales Week's . Bethlehem Steel (Uu) Corp Low 33 V2c a60% a62 49 55'/a Aug 67 Feb _• (Un) Nash^lvinator (Un) 49% 49% 415 44% Sep 57% Jan 11% 11% 200 10'A Sep 13% Mar 3c 3c 3,000 2c July 8 8 NationaKJjstillers (Un) 5 National Gypsum (Un.) 1 National Supply 10 National Theatres (Un) 1 New Idria Mining & Chem__—____50c ; Bishop Oil Co Blue 2 Mammoth Black Diamond Chiea ZZ 10c Corp 2 (Un) 5 ~~ Corp Airplane Boeing Bolsa Mining High 1 3% 15 a59% .-5 a69% Bond Stores Inc 10 10'/a 400 a68% a69% Oil a48% a48% 3% Low 55 7% High Sep 38% July 5c Mar Jan 9 47% Oct 4 1.870 3VS Jun 13% 175 12% Sep a59 % a59% 21 54'AMav 55% Julv 70 66% Sen 80%Aor Sen 10% i.Un) al3 5 14 New Mar Jan York Central RR 5 Company Borg-Warner (Un) Corp __ (Un)„„w Broadway-Hale Stores Budd Co (Un) * Budget Finance 60c conv pfd Burlington Mills Corp (Un) 30 9% 16% Mar 8 % Aua 103% Feb all % 13 10% Oct 16% Jan al8 40 17Va Oct 23% Mar 21% 130 21% Oct 26% ft 4% 350 3% Sep 23% 24 462 22 a39% a40% 110 40% July all % a18 21% all% 11 Canadian Paciiic (J 1) Co Celanese ity Co 25 tUuj 10 (Un) 12% Tractor Corp " 2 _ 'Un)_. Corp Caterpillar 5 ___ Oil Atlantic (Un) (Un) Certain-teed Products £48% * (Un) 20% al2 25 1 ___ a 36 al8% 16% 70 a47% a48% 1 —_______ Chesapeake & Ohio Rv Co Chicago Corp (Un) al6% 10 — . 4 20% al2 Sep 6% 14/8 92 46 Sep Sep 725 20 Oct 50 36 425 al87/8 al8% 10 12 Sep Preferred (Un)__» common (Uni ,100 Chrysler Corn Cities _1 Molybdenum Clinton Foods Inc Colorado Fuel Columbia Commercial 5% Jan Solvents Consolidated Consolidated (Un) Edison n6W Pacific Western Sep 40ya Feb Oct 19% Sep Packard (Un) of 42% Apr 44% Aug Pennsylvania Railroad 64% Oct 93% Feb Pepsi-Cola 75 Sep 94'A Mar 5 Jan 90 36 Aug Apr 25% Mar Sep 20% Mar 171/4 16% 251 12% July 10 a36 a36% a36% 40% 612 al7% al7% * (Un) 171/2 al3% al37/a 04 WA Tiin 11 11 230 11 15% Continental Can 11 Continental 1 al8 50 » a39% a39% a39% ;___20 a56% a55% a56% 65 ___1 8'% Motors (Un) Curtiss-Wright Corp (Un) common 01V, Tan qpn 99% Fph 8R5! n! Sen 53% 8y8 8'/s 230 8 San 7'A 7'A 275 7 Oat 27 1 27 255 liilv lists 9't Fah * Oil Rheem Co Dome 'Un) 10 Mines Ltd Douglas (Un) __ * Aircraft Douglas Oil Co of Calif 5 Chemical Dresser industries DuMont (Allen duPont (E Eastern Air de I) class __ 335 6 % 5 __ Oct 16/a ^If P?' a20 a20% 130 Safeway Stores 19% July 363A Aug 24% Jan St Louis San 10% 16% st Regis 102% 102% 30 91 /2 Sep Eastman El KoUuK. Paso (Un) 1 Apr 102% Gas (Un) Electrical 5 Products Ralroad Eureka Oct Oil 27 Jan Scurry Merchants 100 (Un) * Food Machinery <fc Chemical (Un)—10 a37% Gair (Robert) .v——--1 Line (Un) Co Corp Motors Public General Telephone ——s-" (Un) (Un)___ McBean 79 5 common Utilities General __ • General Paint common Gladding __ —2 — Electric General (Un) Co Garrett Corp General —1 20 Goodrich iB Rubber &. Oil Lakes Great Greyhound pfd RR Gulf Mobile Gulf Oil _* — — class Co A 1-20 12% __ .-6% Inc Foods 17% —1 Holly Development Hudson Motor Car Hunt a __ 10c Intercoast Petroleum __ International Harvester • Nickel * 39 % International Paper 7y2 (Un)—• a56% 14% 33y3C 8% international Inlex Oil (Un) Co & Tel Tel Corp Co __ Oil Jones Kaiser 17% Oct % Oct 62%c Jan % 80c 85c 2,850 a__ 100 Kaiser Motors Kern (On) Land County 8% Light (Un)— Copper • 2.50 22% Sinclair Oil Corp Socony-Vacuum Oil Co Inc 1A Feb 1.70 Apr Aircraft Co 30 9% Jan 12% Aug 110 33% Jan 33% Jan 450 5% Oct 10% Jan Southern Calif Gas 6% 35 34% Oct 39% Feb Southern 6% 6% a37% a37% 18% 18% 100 Sep 18% May 355 1 Co Libby Libby McNeill <fc Lion Oil class A 25 23% Sep 32% Feb 808 68% Feb 79% Sperry Corporation (Un) 58% 59y8 869 9% 54 Sep 20 Mar Oct 69% Feb 9% 200 9% Sep 12 a26% a26% 25 24% Sep 40 40'A 1,137 35 Jan 40% 17 17 255 17 Jan Brands Inc (U11) Oil Co of Calif Standard Standard 27% Apr 21% Mar Jan Standard Oil (Indiana) (Un) Standard Oil Co (N J) (U11) Oct Standard 85 28% Oct 35% Mar 40 65 Jun 65 197 44% Sep 58 Mar 100 1% Sep 1% 1% 234 1% Aug 2% Mar a49 a50 20 12% Jan 13% Aug 50 % 1 'A Oil Sunray 2% Mar Swift & " common 7.50 (Un) Sylvania Electric Prod Sep 35% Mar Sep 48 20 4,393 19% Oct 23% Mar 30 15% Jan 18% Transamerica Com 1.05 1.25 al0% al0% 14 Aug 14 2,400 21 5,510 Apr 1.00 Sep 9% Sep 15% Feb Jun 19% 14 1.15 Investment 1.35 1,000 27l/8 555 2!5% Sep 334° Jan 120 39% Oct 40 Jun Union a54y8a56V2 14% 14% 8 8% 143 49 Jun 55 Jan Union Oil Co Pacific Sep 19% Jan United 77/a Sep 12% Jan United Gas Corp Aircraft Rubber S 18c Oct 44c Mar United 19% Sep 24 May Universal 2\ 25% Mar 19% Jan Washington 59% Jan West Kentucky 37% Sep (Glenn Martin Oil Mascot Menasco Mfg Merchants Minnesota Mission Power & River Monogram Power Motorola Inc ror Jan Va-Carolina Chemical Bros Pictures 23 Jan 10% Apr Jun 1.00 Feb 29% Sep Apr1-.' Oct Light . Utilities (Un) (Unt Ward & * Co 1 5 0 Inc (Un) (Un) footnotes see page 41. __ * 3 ! a28% a28% 25 420 22 al8% al8% 60 420 __ 4% — 56% — 71% a34% alO — 24% 16% a38% 32% 25% 420 Jan Jan ills Youngstown Zenda Gold 42 Mar 36 A Mar 20 A Mar 843 19 19 33% Jun 22% Jun 28% Jun 39% Mar 26% Feb 33 Mar Jun 33 Mar 13% Jan 30 32 8% 266 1,555 330 480 91 87 1,376 100 311 382 87 40 50% Sep 8* 9 A Jun 390 75 20 Sep 13 A Sep 50 100 130 625 1,415 222 660 7% Oct 16% Feb 49% Mar 42/4 Oct 29% Mar 59/2 Jan 13"% Jun 37% Sep 36% Sep 26% Sep 49% Sep 71% Apr. . 72% Jun 75% Jan Sep Sep 10% Jun 22% Sep 21 /a Oct 68 31 Feb 38 11% July 27 k Jan 43 Feb 21A Mar 38/a Mar 37 /4 Jan 1,025 1.20 Oct 38% 205 38% Oct 3 1,140 2% Sep 4% Mar 1.20 1.20 800 70c Feb 19% 19% 260 18 Sep 33% Jan 20 a- 35 4% 19% 20 130 — 18 Jun 54% Sep 82 1.70 Feb 39 Sep 34% July 18. 390 72 Jan 44% Aug 35% Apr 23% July 27% 28 37% 37% 295 1,391 53% 57 1,980 41 al7% al7% 11% 11% a26% a26% 20 110 — al8%al8 A 25 926 165 24% 20 40% 7% 115 *34 41/b Oct o?/4^ 31 Mar 43/a Jun 35 Sep — 11% __ 48% a87/a 45% a8% 48% a9 a43% a43% 70 a44 -• 10c • __ 9c a70% a39 a39% 9c 12c a70]A a72 , 13,000 55 Mar 113 24% Sep 33% Sep 57 Jan Oct 44 57 Jan 17% Sep oqi/! MaJ 17% Sep /8.®r 20 bep 49 A Mar 10 Jmy Jun Stip Sep Sep 4b A Mar 13c Aug 69 A Jun be Midwest Slock Exchange transactions only A compilation of the ■ Aug 35% May a— 3b% Mar 65 "Mar 42% Jan round-lot Week's Range Sales for Week of Prices Shares Friday , East STOCKS „ Sale Price Low Pflf Abbott Adams Akron Brass Mfg „i Alleghany Corp (Un) Allied Laboratories Allis Chalmers Mfg 41% ... __ 41% * Mfg Co -- 1J% 18 5 --1 50c 1 • * 8 J% 4% 3% 25% - 8 8% 4% 3% 24% 43% R, 8 8,2 4% 3 /a 25% 44% , , Range Since Jan. 1 Low High 39% Sep 47% Jan High 5 Laboratories (J D) Ball & Roller Bearing Affiliated Gas Equipment 28 Mar — 4% Aug 23% Mar 55 - 10 (Un) (Un) 3% Aug 275 37% Jun 106% Jun — . Aetna 260 140 a41% a42% 26% 26% a42% 27 Mar 19% Mar 29% Mar 6/2 July i7 k Jan 4 July 1J /a Ma July 3,345 4 (Un)___ 40% Mar 56% 57% a34% a34% 63 42% al06 40% al03% 12% * SJieet & Tube Mining Co Jun a28% a28% 125 ^ 12 Sep Jan Sep Oct Jan • 5 * (Un) 22% Mar 75 a68% a68% __ 1.75 July 240 -- — —* 2ire 200 1.20 36% 4% al4% al5% 3% 3% 16% 16 /8 — 16% 23% 5 i3A 3% 13% d"? ^ Aug 14% 36% 1,348 600 21 100 542 15y4 Sep 35% Jan 29Vi Sep 28% July 425 1.20 a38% a33% 20 /2 21 A al3% al3% 25% 26 A 6 6 A — 26% 6% 42% (Un) Coal (Un) Zenith Radio Corp 14'A Mar — __ 25 (Un) Woolworth (F W) (Un) '$6% Mar 14% al6% al6% 5 10 30% Sep 31 Sep 5 Oil Water Power Wilson & Co Inc , Mar 2% — __ (Un) (Un) ! 38 38'A — 16%c Fuel Co al87/8 1.20 Pictures Montgomery Sep 8% 19% 1 (Un) Development Montana-Dakota 18% 75c 10% 1 — Mississippi Montana 25 1,550 276 5 Petroleum Merck & Co Inc a9 2,350 —__1 Co 20V8 a9 80c82y2c 26% 1 (Un) L) Co Chemical Mathieson 150 20'/3 25% 1 (Un) Co Magnavox 63% Apr 20 Oct 10 Corp_I__I— Warner 80% Feb 1 5 10 (Un) (Un) Steel Jan 26 __ 25 Mar 60% Feb 14% Mar 7 A Mar 76% Aug 21% Oct 16% July 35% 33% 54 55% a84% a84% a7 % a7 /2 a27% 50% ♦ common -Un) Consolidated July 528 ; (Un) Co States 60% Aug 19% 282 " 22 Jun 57% Sep 7 Oct 5v8 Sep 15 15 a38% a39% a43 a43% a26% a27% 50% 50% a67% a67% 71% 71% a34% a34% alO alO a23 a23% 23% 25% 16 16% a38% a39 31% 32 /2 __ — a43 50 Calif of RR 13% 105 1 1 Film Union Carbide & Carbon (Un) 532 12 (U11) Century-Fox 1,900 30'A 10 Oct Jan Apr Mar Jan 2% Jan 72 31% 7% 21% 2 1 Warrants 39 % 30% 100 Co 38% 33% 23 3-fo 273/4 Jan Sep Sep Sep Sep 1% Sep 4,318 546 — 36% 36% a24% a24% a31%a31% — 55% —5 Tri-Continenlal Corp Jan 27y8 18c (Un) Oil Assoc TreeSweet Products Co 1.75 Jan 39y8 11 ipT'co" (Un"__. Angeles Jan 631 33% 32% — 10 Trans World Airlines 17% al77/8 30% ——_ _ 180 30 200 126 __ 25 * 50c (Un) Texas Gulf Sulphur (Un) Textron Inc common Texas Company 27% -1 Aircraft Corp 1 1 25 (Un) 43% 19% a (Un)— Corporation Co 20 1,450 — 717 1% 24 a57 a7% 6 6 a71% a723/4 20 21 __ (Un) Inc 59 3 3'/a al7% al7% a65% a66% 39 39% __ 23% Jan Jan 16'A Mar 32% 24% 18% 1% 20% 2^ Jan 72 al3% al3% a29'A a29'A a43a43% Webster & Studebaker Corporation Jun 50% l'A Stone a— — 238 220 175 390 74 500 38 a26 20% __ 5 a__ Mar Apr July al6% al6% 25 (Un) Corp 6% 47 28% 1.50 63% 72%c Oct 44% Sep 575 30 12 33% 33 10 395 1,000 a56% a7% • 15 (Un) (Ohio) Oil Sep Feb 41% Jan 375 __ 5 • 1 • • 25 15 Southern Company (Un) Southern Pacific 79% 80 80c Sep 20% 2 Calif Petroleum 79 * * Ttlf* Lorillard Los lOo (Un) Co Lockheed Tjipw'Q 7 (Un) Co Petroleum Lincoln 23 a72% — Westingl.oi.se Elec (Un) Lane-Wells Jan Apr Jan Jan Mar Mar 2 Southern Calif Edison Co Ltd com__25 4.32% preferred 25 4.48% preferred 25 May a27% a27% a23 a23% — 4% 4% 29 19% 25% 52% 27 _1 500 330 (Un) Co 12 274 — Oct Jan Sep Sep Sep Sep 1,545 400 140 2% 3% 22 14 20% 41% 16% 5% 1% 5 class A new 335 2,200 — 24 46% 580 480 246 135 120 375 a22V8 a22% 15 — Signal Oil & Gas Jan 335 22c — , Mar 2% 3% 20% 20c Shell Oil Co a__ 11% a23 —1 Corp Kansas Power & 60 1% a37% a38% a21%a21% __ 10 -1 & Chem common Alum Kenuecott (Un) Steel Laughhn Mar Sep a25% a22% Servomechanisms Inc 20 — 10c Co & 43 44 1 50c Jan 15 U Jade 37% Oct 38 1.40 (Un) Twentieth International 50 235 __ : 42% Feb 35% Jan 69% Mar Sep 45% 25% 25% 77%c77%c 47% 49% a20% a20% 15% 15% a25% 11% 183 49 21% 6% a47%a47% — Oct 9% 28% July 24 46% 20% 6% 49% 9% 9% 120 252 a23y8a23% 14% 14% __ al8% al8% 205 2% 3% a47% (Un) Jan Apr 34% Oct 45% __ • 23% 15'A a36% a36% __ 5 Sep Jan 52% 125 a32a33ya 5 Ry 6% Jan 18 30% 34%. Oct Feb 30% Mar 28% July 30% Sep 52% 5 (Un) 118% 11 25 30% 46% 20% 6% 1 19% 1 j——5 320 __ Servel Inc Tidewater Oil Hancock 19% 34% 1 (Un) 81 19% a23% Feb 1% 25 Hilton Hotels Corp 1 • 50c 1 • 1 2.50 10 24% a49 (Un) & Corp 11 % Mar a27 __ Sep a67%a69% al3% 47% Mar __ 19% — * Feb 4 Oct 8% Sep 24% Sep 30 al2% al3y8 a36% 25 a69% 3 23 A 1,297 a9 __ a21% a2iy8 a29a29y8 i_l (Un)—; 328 4% — a29% (Un) Ohio (Un) Corp 30% a26y8 a57 — Chemical— & Northern Great Sep __ • — (Un) Graham-Paige Corp 111 a32% 1 40% • com 13 __ Seaboard Finance Co Sears Roebuck & Company 10 (Un) Co F) Tire Goodyear 13% Mar __ Jan • <Unl Co 33% Sep 4 __ 1 Ltd Stanley Warner Glldden 67 Oct 7% ,a8% a27 Apr 9'A 10 — Jun 33% 200 30% 36% __ " a26% 56 357 9 4 __ 46% __ __ 925 33% 113% 113'A __ Sep 18% Tiger Flying Oils 66% 9 42% July 11% 1 Light & 66 31% 80c Bank & Power Oct Feb 33'A __ __ 324 % 1 Fitzsimmons Stores Florida Jan 323 Solar Farmers Jan 64 34% ______25c Co 27 Jun * Co Petroleums Sapphire 24% July al7y8 al7y8 __ (Un) Jun 60 44% 9% 5 (Un) Corporation Exeter __ ,—,—4 Emsco Manufacturing Co Erie 24% 430 34% 34% 3 Electric Bond & Share (Un) 100 62 44% .10 Cu Natural (Un) Incorporated Schenley Industries Lines Jan 26 62 62 1 Co 8y4May 26 __ * Francisco Paper Jun 27% 12.50 Ryan Aeronautical Jan 6% Jun Spring Sep 400 25% 1 Axle 7 150 » & 6% a27% a27% 3.75 May 27% * ^an Mar 70 55% Mar 27% 1 ^ 4 307 51'A Apr — 50 Corp 35 al0% al0% 70 83% Jan 18% Mar 39% Mar Oil 335 7% July a52% a53% Oct 29% Rockwell Oct 22% Mar 34% Jun 3 Manufacturing 2,853 a227/8 a22% __ 16 Jun Sep July July Mar 4 25% July Richfield Oct 20% 54 13 2.50 20c Sep 85 Rice Ranch Oil Co . 27 20% Mar Jun Jan 1.102 33%c (Un) Co 6% a20 A____l0c (Un) Nemours 250 6 Vis 50c Labs B) 16 % 75% ^ Oct (Un) (Un) a36% a36% __ 1 Dow 16 74 % __ * —^ 25% 15% Spe 10c 25y2 38% 1 RKO Pictures (Un) RKO Theatres (Un) Radio Corp ol America (Un) Remington Rand Inc (Un) Republic Aviation (Un) Republic Steel (Un) Reserve Oil & Gas Co Rexall Drugs Inc Reynolds (R J) Tobacco (Un) M«r pph 523/! Pure lUav 4nst 151/! Co Philco Corp (Un) Phillips Petroleum Pullman Incorporated Jan 15 Oct 214 ______ Apr An- 422 al7% 50c 185 (Un) Power cjpn 40% 40% (Un)__ Consumers ifiiA 7% 1.90 1,019 100 217 22 1,600 ll/2July 19% Oct 38 • Pfizer (Chas) Co (Un) Phelps Dodge Corp (Un) 41% Mar 23% 4,590 7,173 __ 1 (Un) 15 6% 27,167 4 —4 ' (Un) 106 6% 17c 933 38 100 (U11) 295 Apr al4% al4% 2.85 3.00 __ 1 common— World Paramount Pictures 75 25 ... Y N Oil Car Motor American 7% 18% a2iy8 a2lVs 59% 59% 18 __ 111 common 20'/a Mar a35% a35% * Tel & Jan Oct lie ♦ issued) — Oct a27% a27% __ Petroleums 4y8 1 3% 2.85 25 (when common 300 1,000 30'/a Mar 1 20y2 al4% _10 67 6% Jan 22% Sep 25 __ a73% a74% 67 22% 372 High 25 Pacific Lighting Corp common Pacific Tel a35% * Engineering Consolidated Vuitee a44% a44% Oct — 10 common preferred Pacific 19 12% Jan 19'A 60 Low 1 20ya a52% ureferred Indemnity 15% Mar 33% 10 22% __ 10 Elec & redeemable 4-80% Jan a27% • (Uni Edison al3 Gas Pacific 62% Mar • Iron System Commonwealth Deere & Co Clay Products Pacific 42% Aug 22% Feb 1 (Un) (Un) <te Gas a73% al3 67 10 (Un) Multiuller Climax __ 25 Service Clary al3 24% Mar Sep 18]A Pan Chicago Milw St Paul Sep 17 4 1 10 100 1 1 6% Mar 33% 17 1,140 __ 1 Pacific Feb 33 220 18% 19'A a24y8 a24% 6y4 6'A __ 1 Oil North Amer Aviation Inc (Un) North American Co (Un) Northern Pacific RR (Un) Northrop Aircraft Oceanic Oil Co — Ohio Oil Co (Un) Air Sen 150 10 Packing Co Canadian Carrier 1,675 8% 17% 17% 19% 19% Nordon Corp Pacific Finance California Case 10% 8% 1 Jackson Co Byron 10 all% all% 9 2, a Ra/nge Since Jan. 1 17% __ Norris Borden Shares High __ • (Un) for Week Low Par . Sales Range Sale Price Par Eendix Aviation Week's of Prices East STOCKS Range Since Jan. 1 100 ' 700 600 30O 800 900 r% 8% July SeD b£ g P 7% e> P | omy 23V4 Apr 41 A Oct 5% Mar 30% July j j 34 The Commercial and Financial (1598) Chronicle... Monday, October 26, 1953 OUT-OF-TOWN MARKETS RANGE Midwest Stock (Cont.) Exchange Last of Prices American Airlines American Can American American Machine & American Stand Rad & American Tel & Anaconda Copper Mining Armco Steel Armour Corn Co & Tel San (Un) 100 Topeka Products Avco Corp Belden Corp.- Fisheries Borg W) (George Budd Company Burkhart Medusa 183/8 Mar Metropolitan 91% 91% 100 89% 1 G) & Co 28% Jan Portland Cement Brick Co Jan 9% Feb Middle 29% Aug Miller 4 4% 400 33/8 Sep 53/e Jan $1 83/4 Feb 51/8 Sep 8% Sep 1% 1% 2,000 19% 20% 750 1 % Mar 191/4 Apr 11% Mar 23/8 Mar 22 Aug South Minneapolis Minnesota Portland Sep 66% Feb 1 Oct l3/4 Jan Montgomery 3 Oct 6% Jun Motorola 49 50 % 1,400 443/a Sep 57% Jan 12% 12'% 100 11% Jun 14% Aug 50% 100 531% 20% 20% 20'% I 350 21 May 68 68 100 66 Sep 85 Mar 48% 48% 48% 100 46% Sep 55% Mar 2% 5 2% 200 2 July 20c 17% Apr 66 92"% Apr 200 29 Sep Sep 3% 24'/4 15 23 23 20 52 250 3% Jan Co 19% Mar Jan 38% Mar 400 2% Jan 500 22% Sep 25% Mar 1,100 121% Jun 181% Mar 22 4% Jan Apr 26 % Mar Ward & Muskegon Motor Specialities Muter Company Nash Kelvinator Corp conv Jan 10 10% 2,650 8% Jan 11% 27% 300 23% Jun 275/a 2% 150 2 % Sep 4 Jan 400 9 Aug 11 Jan Jan 10 Feb Feb 6% 600 6% Sep 10% 500 43% Sep 50% 37 37 100 343% Jun 41 313/4 30 3/4 313/4 950 273/4 Jan 4% 25 3 % Aug 35% May 6 3% Mar 571/4 581/2 700 533/4 341/2 34% 34V2 100 31 26 26% 60 26 4% 3 cl A-.* ■ 6 3/8 50c (Un)— Oct 61/2 Aug 50% _* — 21 Sep 6 3% 25 Co— 100 52 18 1,200 495% — Inc 6% 19 441% Jan 5% Jan 49% 10 ____— common 6 9% * 5 7 200 - Sep 65 Jun Apr 42% Sep Jan 29 Sep 6% Oct Mar Jun 8"% Mar 17% 18% 1,300 163/4 Sep 25% Feb National Cylinder Gas 1 16% 16'A 100 15% Sep 17 3/a Jan National Distillers Products 5 17% 18% 200 17 Oct 193/a Aug National Lead Co——— ______5 34 34 200 30% Sep 34 Oct /J 26% 28 1,850 Oct 34% Mar S 4 200 ♦ 11% 11% 400 11 Sep 163% Mar National Standard Co 30% 30% 50 29 Jan 38 Mar National Tiie & Mfg_ —1 11 11% 400 10% Oct 17 Jan 15 15 200 133/4 17% 18 10 ——8 •! Feb ! — Apr 150 33/4 2% 1 Cement Chemical 300 \ 10% 27 1 Co Mississippi River Fuel Missouri 10% * 10 Brewing 5,000 3 1 39 Aug 14% 19 _1 — common Mining & Mfg— 3% 61 % 1 Inc prior preferred 1% 61% 5 Utilities Hart & Monroe 3 % — * Mickelberry's Food Products Oct 99% 6% _________4 ____. Sep 300 30% . Sep 8 241/8 | I * Inc Meyer Blanke Co 5'% 900 83% Feb 38 52 __ v 17% 4 Jan 26% 8% 24 % ___■__—* 100 Sep 81% 3% * 100 1 High 600 38 9 30% _________—_______1 300 6 5% — L) 27% 6 27% 27% 8% •_ Mills Corp Burroughs Corp (Un) 12 % Mar Sep 5 Burlington 43% Sep Sep 1 Manufacturing (F) Sep 8 »/4 233/4 ——5 Works Gear Foote 31% 700 5% — Brad 1,300 11% class- B (Arthur 8% 8% Corp— Mfg 81% * ; 35% 200 * common 8% Low 18% 38 9 Range Since Jan. High 18% 7 Co (Glenn McKee 7,200 (Un)--lp Borg-Warner Corp __: Brach & Sons (E J) Martin Oil Shares _____<■ Marshall Field & Co Feb 45% "5% Corp Lonergan Jan Jun Sep 12% Brewing Feb Sep 29% 23% 50c —10 Co— 153/8 1611/4 123/8 1523/a 11% Corp Bethlehem Steel Corp (Un)_— Booth 1,100 1,100 5,600 32% Sep 13 Benguet Consolidated Mining Berghoff 12% 243/4 Mar 19% ——3 (Un) — Aviation Bendix 200 21% common Lion 8% 3 —___ Manufacturing Lindsay Chemical Co 23% Co— Baldwin-Lima-Hamilton Bearing Inc Jun 34% .-1 Mfg 25 , 35% —•___—10 Washer Sep 12 % Corp Automatic 21% 31 Fe—1—50 Santa & 100 23 % Refining Co Atlantic 22% Jan 36% Aug for Week of Prices Low • $2.50 preferred Libby McNeil & Libby 15% Sep Sep * $1.50 conv 2nd preferred Athey Aug 11% 1 Ashland Oil & Refining common.. Atchison 50 12% 31% ——5 common Sep 155% 156% 12 % 156 10 (Un) (111) 43% 21% 50 (On; Co 331/4 400 22% ,__7 • Co & 700 100 ' —1 Foundry Leath 12% 47% Sales Range Par High Low Week's Last Sale Price 35% 12 47 % 10 (111) Co Investment Friday STOCKS 46% 12.50 _ 2'.i 35% —1 (Un) Co American Cyanamid Co.——. OCTOBER Range Since Jan. 1 Shares Higfi Low Par ENDED for Week Range Sale Price STOCKS WEEK FOR Sales Week's Friday (Un) 11% .1 —_—.__—5 Sep New York Central RR )Un)__ 28 4 26 3 Sep 53/4 253% Jan 201/4 20% 500 19% Oct 18% 20% 1 I Jan 18% Corp Centlivre Central Biscuit 4%% 12 _100 58% 581/2 100 531% Sep Northern Illinois 20% 600 261/a Aug Northern Pacific Ry States Power 20 Sep 193/4 Oct 2% 2% 2% 600 2% Jan 3% May --5 21% 20% 21% 1,500 18% Jun 22% Mar 10 19% 19% 19% 2,200 17% Jun 36 36 36% 900 333/8 Oct 41% 19% 19% 100 59% 59% 50 19% 13% 11% 107 400 11% 13% 13% 107 300 73 108 173/4 593/8 Feb Aug 12% Oct 11 Oct 100% Jan Sep Feb 21% Mar 63% 22 Jan 11% Aug 110% Apr 96% Jan 66% 67 500 64 74% 400 693/4 July 95'/2 18% 2,100 16'A Sep 22'/2 Jan Oct 84 75 13% 13 131% 1,100 12 Jun * 413/8 41'% 41% 850 373/4 Jun 43% Oak Manufacturing Co Ohio Edison Co 1 17% 173/s 17% 1,800 15% Sep 18% Feb -8 38% 38 38% 1,400 341/4 Jun 39% 4% 4,000 Packard Pan Peabody 25 36% 8% & Detroit 50 75 75 Mar 300 49% July 53% Mar Pfizer 100 25% 293/4 Mar Phelps 13"% 400 15 Philco 35'/4 Jan 12% July Jan 400 7% Sep 11% Mar Phillips 100 25% Sep 34 Pressed —10 5% 5% 500 51/2 Sep 81/2 May 7% 7% 300 7 Sep 9% 32V4 Jun Apr Feb Finance Mont Class 200 Sep 30i 8% 9% 1,300 73/s Feb 11% Mar 27% 28% 500 25% Jun 28% Jan 10 10% 150 8 3/8 Sep 12 Jan —_5 — Laboratories Inc (Alan B) 53/4 400 53/8 Aug 36% 36% 300 333/a Jun 43% de Nemours (Un) 10% 300 10% Oct 173/4 Jan 102% 102% 5 (Un)__ 10 46% * 125% Eddy Paper Corp Emerson Radio & Falstaff Brewing Corp Phonograph 300 911/2 Jun 46% 900 413/4 Jun 1251% 105 443/4 125 117 Aug (Un)__5 113/4 11% 100 10% Jun 1 14% 143/4 100 14% Sep Drive Four-Wheel __5 4 5 1,650 4 Oct 10 Auto 9 9% 950 9 Oct 200 6 3A Inc 5 Gen American Transportation General Box Corp_ General Foods General Motors Corp 700 3 Oct 300 11 Oct 19 3/a 19% 1,800 18 Sep Jan 193/4 12 3/4 13 300 10 3% 33% 343/a 300 12.50 331/8 33% 600 3 30% 30'A 100 28% Aug 400 33% (Un)— . Petroleum Co Co Car * Co 53% 9 _1 of Indiana—A 343/4 • 52 % 9 53% Gillette (The) Glidden Co 6% Mar 1033/a Aug 46% Apr Goldblatt 13% Feb 161/2 Mar 343/4 Bros Oats Quaker Motors Gray Drug Rubber Stores __ 36% 36% 100 35% Sep 431/4 45'% 4 6'/a 400 4 2 5/b Sep 62'/4 Jan 28% 27% 28 Aug 30 23% Sep 29% Jan Sep 19% Jan 3/8 400 23% 233/8 1,500 143/4 14% 200 14 * 46% 47 200 413/4 Republic Steel Corp (Un) ! J) (R Rlchman 6% 700 5% Jan 47% 473/, 473/4 200 44% Jun 49 * 25% 253/8 26 1,250 253/a Oct 38 2.50 Tobacco Bros Raisin Rockwell 6% B_—10 (Un) Drug Reynolds class Co 5 & Axel Co 8 5/8 8 3/s 100 8 5/8 5 Paper Spring 203/, 20% 400 19% St Louis Public Service A Regis Sangamo Paper ■ (Un) Co Roebuck 133/4 203/s 20% 700 175/8 Sep 23% Mar 23% 23% 200 213/4 Sep 26'/2 Jan 22% 22% 500 20% 27 3/a Jan j 16% 16% 100 15 18% Mar ' 563/8 56% 800 56% Apr 605/s Mar 100 133/4 Jan 17% Mar 12 1.40 133/4 223/8 1 Co & 13 S/8 5 Co • 153/8 143/4 153/a 500 14% Oct 18% Mar • 34% 33% 34% 1,800 305/8 Sep 1,100 43/b Jan 80 12 500 67 % 200 Apr 80 Oct Oil Society Brand Vacuum 143/4 _1 Corp Clothes Inc 1 6 6 143/4 57% 57% 52 Jun 573/8 Oct Socony 59% 583/a 59% 1,200 533/4 Sep 69% Feb South 30% 31 2,200 29 Apr 35 Feb Southern Co 40% 40 34% Jan 40% 83/8 Feb 38% Oil of California 50% Oct Standard Oil of Indiana. 25 68% 67% 68'% Standard Oil N J 15 70% 69% 10 34% 1,000 51/4 600 42% 42% 200 32% Jan 42% 29 29 100 28 Oct 38 Mar Jan 5 12% 12% 50 12 Feb 14 501/4 50% 100 45 Sep 58% Mar 1V4 1% 100 1% Oct Southern Pacific Co Standard Oil Standard 13% 150 12% Mar 14% July Stewart-Warner 20% 2,250 18% 20% Stone 1% 100 l3/8 15 200 Sep Oct Studebaker Sunbeam Feb 25 Oct 19 Mar 600 I2V4 Jan 131/2 Aug Sunray Oil Corp 600 15 Oct 19% Mar Swift 18% 18% 16% 17 40 —— 2% 21 21 9% & 1,500 53/a Texas 18 3/s Sep Sep Jan 450 191/4 Sep Texas 1,350 5% 16% Oct 22 Feb Thor 11% Jan Toledo 41, Jan Trane 9% 250 40% 450 2% 21 100 50 9% 39 Sep Jan 2% Sep 8% 8% 2,050 21 Sep 18 3/4 183/4 19% 250 39% 39% 39% 40% 40% 40% 28 Co Mar • Johnson Stephens & Shinkle ShoeJones & Laughlin Steel (Un) Kaiser Alum & Chemical common.. • Edison Co 141/2 Jan 24% Mar 20th 200 341/2 Jun 40'% Mar 600 36% Sep 48 Kennecott Corp Copper (Un) Corp 78% Jan 32% 34% 600 Sep 383/4 10% 103% 300 19 19 —1 10 9% 9% 25% 23% 25% 313/8 10 Oct 13 Jan Mar 100 16 3% Sep 23% Feb 400 91/2 Sep 101/2 Feb 1,200 215% Sep 431/4 Feb 27 30% 31% 300 17 % 16% 17'% 2,850 Jun 353/4 Jan 14% Feb 17% Oct 16% 16 16% 5,000 15% Sep 213/4 Mar 38% 38% 39% 800 35% Jan 393/4 Mar 55% 3,300 495/8 575% Jan 53% 55% 38 38 100 35 Feb 54 17 153/4 Sep 191/2 Mar Sep Mar 17% 500 12 12'% 1,100 113/4 Jun 131/s Mar 31% 32 1,050 26% Aug 371/4 Mar 25% 17% 273/s 263% 200 1 21/2 2% 25% 1,000 2% Sep 3% 1 16% 165% 16% 200 15% Sep 20% Film 1 16% 143% 16% 900 143/4 593% 593% 110 55 2 29 200 26% Jun 32% Mar Union Carbide 1,300 245/s Sep 33 Jan Union Oil 400 28 Sep 38 3/4 Jan 26% ♦ United Air Lines Inc 56 900 49 Sep 56% Mar 39% 395^ 200 38 3/a Jan 40% 23% Sep 18 Oct Jun Jan Jan Aug 145/8 700 13% Sep 20% Jan 10 300 9% Sep 10% Jan 30% 30% 100 27V4 Jun 313/4 Mar of Rubber & Carbon * Co 68% 800 62 % Jun 72 3/4 401/4 41% 700 37% Jun 441/4 Aug 10 23% 23% 300 22 Sep 32 5 (Un) 69% 25 California 27% 28 400 23% Sep 31% Jan 363/4 37% 2,700 333/a Sep 441/a Jan 7% 8% 650 7% Sep 12% Mar U S Steel Corp • Van Dorn Iron Works 69% • Western 7 Mar Union Westinghouse Motor 5% 5% 100 211/2 600 19% Sep 24% 23% 200 23 Oct 30 29% 29% 29 3 200 26 V4 Jun 18 18 500 17% Sep 20% Mar Wisconsin 13 % Jan Wisconsin Wisconsin .1 4 Sep Jan Mar y 12 20% • — — -- 12 19% 21% 64% 66 3% 9 15% 100 2,000 500 11% Sep 213/4 17% Sep 61 Sep Apr 80% Feb Wieboldt Telegraph 37% lo 441/4 441/4 100 483% 1,000 403/a Sep 26 5% 26% 100 235/s Sep * 14 14 13 % * Corp 46% 1 Electric Co Stores Inc Woolworth Bankshares Electric Public (F (Un) Corp Power " 78% 78% 13 1 16% 16% 500 12 14% 14% 250 13 12% 48 39 48 Feb , 50 Aug Mar 28% Mar W) Sep 4% Mar 9% 1,700 8% Jun 93/4 Jan Youngstown Sheet 16% 500 143% 16% Feb Zenith Radio Corp Jun 14% Mar 741/2 Mar 821/2 May Feb 161/2 Aug Jun 15% Mar Oct Wrigley (Wm) Jr Yates-American Machine 27% 273% 100 24% Jun 273/4 18 17% 181/4 900 16 3/s Jun 18% May 43% 43% 43% 100 43 Sep 45% Aug * 76% 76% 76'% 100 713., May 10 200 9% 10 _10 Co & • 100 10 Service 21/2 Jan common $4.25 preferred Willys-Overland Motors 50 3% , Feb Mar 31'A Mar 18 5 ! 60% May JUn Feb 14% S 23% 10 page 41. Sep common Corp Coal 31% 21% 9% see 67'/a 2 27% 231/4 %c For footnotes 2,700 Jan 21% -1 & Transport Jan 70 3% 491/2 Mar 5 208 So La Salle St Corp -1 <■ Co Jan 81 * Co Century-Fox AO .75 Katz Drug 591/4 Sep 10 Co (The) Transamerica White Kelley Island Lime Sep 653/4 25 Tool Truax-Traer 10 303/s .50 Iowa Illinois Gas & Electric Sep 493% 1 Producing 28 ■ 14% 36% 800 5 (The) Gulf Power 10% Aug 54% • 100 200 Feb 5% Mar U • 38% 50% 38% 16'A 25 26% .50 273/4 Mar Sep 1 (Un) 31% 28 — — 31% 37% Oct 133/4 5 Co Oct 8% Sep 22 300 * 13% 5% 30 400 14% 1 Machine Tool 17 • Equipment Corp Sundstrand 16 1 1,500 25 14% 33% * Corp (Un) Corp 15% • (Un) .! I 33% 24 • Corp Container Apr 3'A 15% Jan 23 (Un) (Ohio) Co 13% 5 Co Jan 32% 5 15 — (Un) Railway 16 2 • Shoe •! Feb 2% 19'/4 Sep (Un) Works (Un) 1% 1 International Tel & Tel Interstate Power Co__ Oct 5 Oil Lathe Bend 13% 19% t> Interenational \ 6'% Oct Sep 40 3/8 5 »/8 Indiana Steel Products Co Harvester „ 8% Apr 31 Indianapolis International ; 431/2 Mar 6'/a 79% Sep Trav-ler Radio Co Sep Sep Feb 1 1 Steamship Co— 143/a Sinclair 10 Steel Jun Signode Steel Strapping Co 10 Inland 12% Serrick Corp class B common 9% Interlake 300 Oct 2b Lig j 10 common Co Electric Apr 10 & Oct Jun ; Power Jun 171/2 3 Corporation Oct | Feb 9% 203/4 Oct Jun Greyhound Corp Hupp Apr Aug 47 13% 16% . 63/, 2% 25 Co ; 52% Mar Sep 351/2 16 Hallicrafters Mar Oct 25 Brewery 213/4 Feb " (Un) 253/4 2% « Western > Jan 46% * 3IV4 Great Lakes Towing common Bros Cooperage class A Griesedieck Mar 400 * Greif Apr 69 5,800 1 ._ 36% 6% * Great Lakes Dredge & Dock Lakes Oil & Chemical 113/4 May Jun 2 3/8 1 Great Sep 50c (Un) Schenley Industries * Co (Un) Sep 8% 295% * ; Co Schwitzer-Cummins 8 & 433/4 900 • (Un)__ (Un) Jan • Graham-Paige Oct Jan 5 Co Jan 9 12% * Goodyear Tire 343/a 361/4 Jan \ Jan 140 1 (Un) j 153% May 42% 35% 13 20 Co Jan 100 9 343/8 5 Co Jan 233/4 26'% July 29 5% Sep 123/4 1 i (Un) 18 , 6% * Refrigerator Jan 3% 113/8 Standard Gibson 5% 3 6 Corp Jan 21/4 • Package Corp General Telephone Corn Jan 115% Mar 23% 35% 5 General 6 3/4 Sep 2% 1 — Sep Oct 35% 2.50 General Candy Corp General Electric Co (Un) 8 3% 17% 11 33%c Co & Corp Steel Oil Sears Gamble-Skogmo 4 200 200 8% 18 5 50 Radio Corp of America Remington Rand (Un) 6t Flour Mills of America Inc 4 83/4 25 preferred Pullman Company River Eastman Kodak Co 4 83/4 17'/2 common Service Public Rexall 10c • 1 (Un) Airways Jan 10% 36% i-. Jan — — (E I) 23% 5% —1 Corp "A" du Pont 26% _10 — Dow Chemical Co Du 26% 5 —20 26% Feb 37% Mar 8,600 8'/4 10 Dodge Mfg Corp Domestic Corp 36% .— (Un) (Un) Dodge 27 '/a (Un) com Co Co (Charles) 1 Co Car prior Pepsi-Cola Co 52% 271/2 8% Company Edison (Minn) Pennsylvania RR 27% (Un) Detroit & Cleveland Nav ; World Coal conv 13% 13% Motor American Patterson-Sargent Pure Deere . • Jan .25 — Corp 5 Northern 52% 1 Cudahy Packing Co Apr Northwest Bancorporation 27% 52 • — Corp Feb Jan 17'A * common 1 20% July 14s/8 Mar 5% -5 (Un)— — (Un) (Un) Feb 73% 74% —100 _ — Co 20% Mar 1 Co Ilium Edison Curtlss-Wriglit Oct Jan —ilO System Company 10% 2% • _ Commonwealth 300 1 Continental Motors Corp Crane 10% 600 — Inc Gas 10% 1% Co— Electric Columbia * 1% Cliff's Iron common— Co ;! 231/a Mar 1 .— Service Public preferred 23% Jun Jan l' Cleveland Sep 19% 333/a ___ Coleman 181/4 500 17% May Sep 25 Chicago Corp common 1 $3 convertible preferred __———J' Chicago Milw St Paul & Pac com____• Chicago So Shore & So Bend RR.12.50 Chicago Towel Co common ——* Chrysler Corp 25 Cleveland / 100 213/a Jan 22 Brewing Corp ——50c Service 20% Mar 18% 21 15% 500 Chesapeake & Ohio (Un) Cities Sep 18'A 21% 200 23% America of Illinois 15% _C 10 Aviation 17 23% & South West Corp Central 200 10 American 16% 25 (Un) Carr-Consolidated Celanese American American Car Corp North _—12.50 Corp Pacific Canadian North North Burton-Dixie Co Tube 76% Oct 5 9% 14% Jan 5 39% 39% 200 343,4 Sep 471/8 Jan 70% 70% 100 64% Jun 80 Jan * 70% Oct , ; Number 5267... The Commercial and Financial Chronicle Volume 178 (1599) OUT-OF-TOWN MARKETS RANGE FOR WEEK ENDED OCTOBER 23 Friday Philadelphia-Baltimore Slock Exchange The since range Jan. 1 shown Washington Stock Exch. below for the issues formerly simply the transactions since the are on Par the of Oct. 15. Arkansas Louisiana Gas Armco Friday Week's Sales Last Range for Week of Prices Shares STOCKS Sale Price Par American Stores Co American Tel Tel & 4 * ; 20 43 J/4 156% 230 3,601 37% 152 $2.50 6% partic Budd 17% Jan 20% Aug Baldwin 25% Feb 28% 3% 3% 5 Sep preferred 2% Sep Co (Julius) 5% % Gimbel Motors Hudson 5.12% 7% 160 482 ; Salt & Light Sep 25 ye Sep 8% 27'A Apr Sep 29 Oct Power A B & Gas Reading Co . 130 18 y4 Oct 19 Oct 50 21% Oct 21% Oct 59% 3,070 53% 70% Feb 14% 85 12% Sep 16% Mar 24% 5,475 23% Oct 24% 22 Ve 50 22 Ys Oct 22% Oct 8% 917 7% Oct 11% Jan 16% 369 14% Oct 22'A Jan 12% 353 11% Sep 14'A Mar Oct Sep 23% Jan 42% 44 Jun 52 y2 36% 36% 30 30 y2 Jun 41 30% 30% 30 y2 75 30 Oct 30% Oct 31% 31% 32 % 3,751 28 y8 Sep 34 21% 22 »/4 77 20 y2 Jun 25 4% 348 3% Sep 6 Aug 5% 6 % 1,251 5% Sep 7% Jan 30 30 % 296 17 17% 2,245 27% Sep 36 % Jan 17 Oct 17% Oct 42% 30 42% Oct 42%. 42% 209 42% Oct 42% Oct 26% 25% 26% 1,158 24 Va Jun 27% Jan * 25% 25% 257/a 224 24% Jun 277/a Feb common. 50 27% 27% 27% • 66% 64% 67 • 76% 74% 76% 474 26% 1,831 54% Jan 454 69% Sep Oct 33% Jan 67 Oct 82% Jan 1 4% 4% 75 4% Jun 6 Jan -13% 34% 34% 208 30% Jun 38 Feb 30 % Oct 30% Oct Corp Light Gas 0 common Loan to 30% 30% 30% 1,024 it 105 105 8 10 38 38 10 preferred Trust Oct 105 105 Oct Inc Westmoreland Coal Woodward & .. . common Clorox Chemical . Gas Natural Consolidated Vultee Products Corn Crucible 'Curtis 26 % 27% 175 26% Oct 27% Oct 75 75 $3,000 58 Mar 75 Oct Eastman 95 95 1,000 95 Oct 95 Oct El El Shares Low 29% 29% 122 25% 17% 17 17 Va 120 15% 13%. 13% 13% 93 • 28% 28% 28% 50 Duquesne Pitt —8.50 Brewing Harbison Walker r___.— Refractories Manufacturing Joy Lone Natural Star Co„ _5 Machinery McKinney Manufacturing Mountain Fuel Supply Natco 24 285 20% Jun 3 4% Oct 22% 32% 32% 20 31 % 25% 25 Va 64 23 11'A 11'A 200 1% 1% 2,600 1% Feb 19'A 19'A 149 18% Sep 150 6% 44% __ — 5 8 __ 8 Plymouth Sep Electric Co High Rockwell San Spring Axel & Toy Mining Jan Jan Conv 2nd United Engineering to, Foundry Westinghouse Air Brake Westlnghouse Electric Corp 24% Mar 7% 31 Golden Jan Jan 4% 2 Sep 58% Mar 24% 9 24 Oct __ 20% 20% 7c 8c 149 1,000 19% Oct 5c Sep Aug 12% 23% 12% 482 12 Va 24 706 22% 45% Goodrich Goodyear Tire North 48% 685 Sep 39% Sep 9% Feb 33 Va Mar 20% Range Admiral Air 1 Corporation Reduction Co Allied Chemical Allis-Chaliners American Oct Can Inc American Factors American Potash American Radiator Co 7% Oct 11% Mar (Un) <Un) 20 Holly (Un) Hudson Range Since Jan. 1 Low American Oct 32% Jan 28% Jan 75(4 Mar 43% 505 42 12 Va 12 Va 240 11% Sep 15% Jan 35% 35% 111 32% Feb 36% Aug a45% a46% 58 S fUn) T American Tel to American Viscose Tel Tobacco American 57 43 Jun 49 14% 14 % 50 13% Jan 15% Mar Co Woollen Anaconda Co (Un) Copper Mining Bank (Un), Oil Fuel For Oil Corp footnotes see _ (Un) _ Paper page 41. Tel & to 31(4 Feb Apr 68 Mar 72% Oct 7% 7% 100 6% Aug 8% 7(4 7% 250 7 Oct 9'% Mar 68c 68c 300 60c Oct 17 651 14 2.05 500 34 34% 2,035 6y8 6% 36% 387 700 alO'A alO'A al02y4 50 342 al04 60 Apr Sep 2.85 May Apr 35 4 Mar 34% Jun 10% Sep 92 Apr 17% 27% Jan 47 Apr Jun 50 19% Oct 7% 4% Aug 649 31% Sep 37 39'A 39% 515 100 37% Sep 46(4 20% 20 Feb 23 3% a4i36 35 37Va 629 79% 79% a55% a57V2 58% 58% 9 9% al4% al4V2 Sep Jan 27% May 34% ,str Jan 103% Aug 41% a2iy8a2l'/8 36'A Sep 7(4 July Jan 42% 22% Aug 301 900 . Oct 35 Sep 2.05 5% 5'A 68c 29 45'A 45'A 7% 43 Mar Jan Mar Jan Jan 34 Oct 811 67% Feb 235 920 52% Jan 56% Oct 54% Sep 69% Feb Sep 12% Apr 17% Apr Alum • Kansas (Un)____l • (Un) Power Libby & McNeill Corp Light (Un)—4 Macy eom (Un) (Un) Libby & (R Co & 12'A — __ 1.20 — 16% Oct 21% Mar 27 152% Oct Jun 43% Jan — — 8% — — 11' 95 Jun 20% 66 Jun 78 Mar 62% Sep 75 Mar 44% Sep 54% Jan 1% Sep 2% Feb 15 % Oct 1(4 100 49% 49% 433 13% 755 12% Jan 13% Aug 19% 20 924 19% Oct 28% Mar 12 48 Sep 58% Mar 12% 2,331 1.05 1.15 a33% a36% 47% 48% 300 153 373 alO% al0% 75 11,100 1.15 1.25 a42(4 a42% 50 11% Jun —8% 14 % Aug 1.00 Sep 1.70 Jan 34% Oct 39% Apr 47% Oct 56(4 Aug 9% Sep 16% Mar 1.15 Jun a__ — 2.09 Mar a— — 27% 1,292 24% Sep 33 Jan 10 37% Oct 45 Mar 48% Jun 55% 14 Aug 20% Jan 8 Sep 12% Jan 26% 55"% 14% 55% 14% 212 397 8 8'A 1,350 a62(4 a62(4 21(4 21(4 40 255 O-t 58% Sep 73% 19(4 Sep 24 Jan Oct 30% May May — • — 772 22% a41 % a41 % — 3% — 1 H) — a22% al9 16% 1 (Glenn) to • 1 5 common Co (Uni Robbins Inc (Un) Navigation McKesson 125 42% 3% al8 65% 40% 2,469 50 190 777 9 26 122 1,498 a22% a23% a 18% al9 180 135 21% Oct 25% Jan 16% Sep 22% Jan 16% 15 670 100 14% Sep 18 Jan 22% 3 al8 65% 39% 23% 3 Oct July 9 25% 47 Mar 5% Mar Mar 17% July 20 63 Aug 82 Feb 38% Sep 59% Jan 8% Jan 10% Apr 20% Apr 26 % Mar — • 18% 18 __ 16(4 15 18 18 /a a36% a36% ^ 1,467 94 12% July 18(4 Mar 15% 19 Jun 34% July 160 % Mar 70 (4 Jun 77 Aug Meier Oct 60 Jan Menasco al5% al5% 22 16 % Oct 25% Mar Merck 29% Sep 44% Jan Middle 37 Jun 42% Feb 15% Jun Oct a39% a39% — —7 Corp Co Co 35% 25 41% V4 Aug 48 833 • 10 2.50 Aircraft Lockheed 365 800 20 13% 19% • 7% (Un) com County Land 37% 42 27% Mar Feb l'A 1.15 (Un) Kennecott Copper Corp Kern Martin 32 _ a50% a50% — a36% 1 F'eb 41 a43 a43'A Jun 36 65 145 __ 50 15 Va 31 % 14% Sep Oct 24 325 ___12% Chem & Sep al6% al65/a 5 9 79% 125 26% 77 12% Kaiser Motors Corp 12% 2,203 26% 3,544 1 (Un) Corp 320 155% 156 % __ • Laughlin Steel (Un)__ 12% 430 __ 420 77 a67% a67'A 33%c 12% a28 a28 % 79Va 1 Co 12% __ Sep 17% Ltd Tel 5 5 __ 4 Marchant Calculators 20 22% 20% (Un)__* Co Oct 50 ... Anglo Calif Natl Arkansas 5 17'A -—20 31% 35 % a23% a23% 18% ; pfd -. Sep a75% a76 (4 Feb 17% (Un) Co Car 30 V4 35% Oct 102(4 18% • 160 * 31% Jun a4 al4V2 • Co 31% 25 Jun 91% —• (Un) 31% 25 (Un) 26% 57 20% 39'A 100 Co 31% "lOO Co 3,058 99 ____10 Corp Motor Matson Co Corp 210 31% 34% 3 4 • (U11) 72% 30% Feb Smelting to Refining— Common American toS B class — 9 5 class A Mining Oil Magnavox Chem to — 5'A • Preferred High Sep Sep — Feb 72% a23Va a23% • 4 common (Un) Pineapple Honolulu Kaiser Shares Oct — __ al03% 5 1 non-cum Co Johns-Manville 63 — Oct a__ 8Va 36% 25 10 — 8'A 2.05 4 Rubber to Development Homestake Jones 22 % ' 68c 3 International Nickel of Canada 23% ' __ (Un)_10c 5 a__ . 16"% __ 2 _1 497/a Mar 8 -1— a23% com__5 (Un)—10 Maryland Mines Corp 10 12% __ 31V2 5 (Un)__25 B 13% 98 — __25 (Un) Power 255 1 Oct 100 International Harvester a23 lu Sep 49% 22% • Idaho a68 % a68 V4 12% (Un) (Un)__ Co Cvanamid 47% Feb Sep • Feb a22% a22% 43% Sep 39% 15% al8'A 4 16% a22% III20 Feb 40% 177 49% 65 29 Va May a68 V4 a22% * (Un) Mftr Airlines American American Corp 20 145 49% . Hign • (Un) common & Dye 40 % May Sep 125 Ltd Idaho for Week of Prices Jan 15 Va al8'A al8'A : Jan Sales Low 33 % 100 a53'A a54% (Un) 10c Exchange Week's Last 410 17 y4 Jan (Un) Ry International Sale Price 39 'A 40% Corp Hancock Oil Intex Par 39 Jun '.L F) (B International Friday 94 % Mar 35% (Un) Co Ltd Co State Greyhound 24% STOCKS Oct I3y2 • preferred Jan __ San Francisco Slock 71% 21% Mar 8% May Sep 12.50 ; 119 29 % Mar Jan 7 23% 48% a74 722 common Great 9 __ Jan a72% 40y2 (Un) Graham-Paige Corp 260 __10 Jan 95 40% (Un) Utilities Jan 7»A 5 Co Jan 50% Oct 40% preferred Public Jan 48%, __ 22(4 Apr 65% Jan Paint Corp common 13 % 7% 10c __ Oct 42% 409 a48% a49y2 39 13(4 280 67'A 36% Mar class A General 39' Va Mar 5 Oil Corp 13'A a43a44»A 15 Corp common 29 48% . 13'A 21% 90c 21% Corp common Sep __ 4 537 Jun Cliefn Corp Sep — 10 Corp Feb 2,758 17 JA a74 ___20 Jun 9% 5 Bolt & Jan 95c 36% Oct — Foods Hawaiian Pittsburgh Plate Glass Pitts Screw Jan 1,35 41% 433 90c 67'A __ a43% 1 Motors Gillette Company 100 1 36% Oct 33% Aug 150 al9% a20% 36 1 General General 4% 10 Corp Oct __ 91c 32% common to 15 Va 24y2 __ Jan Capwell Co 22% Mar 25Va 10 63% 47 Jan 12% July class Inc Petroleums 38% __ 1 Gas Oct _4 Gas Sep Sep 24y8 __ Jan 46 47 6% Mar Sep 18 (Un) Share to 12% July 25% Sep 4% 4 Mackintosh-Hemphill 23% 24 1 Oct Apr 200 Co Co 5% 150 Gladding McBean & Co Equitable Gas Co Fort 20% 16% July 27% Jan Oct 595 (Un) General Range Since Jan. 1 High 1)1 __ Sep 3% 168 Works Oil Bond General for Week * - System Light 17(4 Mar 15 Sales Range of Prices * Co 13(4 Mar 900 18y4 Co__ Kodak Paso Food Blaw-Knox Gas 220 24% 1 — Lines Air Dorado Federated Allegheny Ludlum Steel Columbia 1,225 16 (Un)____4 de Nemours & Co Emporium Low 3% 15'/a 36% Ewa Plantation Co Par 3% 15% 33% (Un) Mont Laboratories Du Du Pont Electric Week's Feb 22% Mar 18 common... Corp Mfg Chemical Eastern Last Jan Sep Sep 17% 17'/a Sep 6'/a 27% Friday 18% 5 Sep —5 Jan Sale Price Oct 13% 15 __1 23 STOCKS Oct 11% 92 Dow Oct Oct Pittsburgh Slock Exchange 11 100 220 34% July 75 263 12 15 al6y8 al6% al6y8 l_* 12% -- 11% 14% 3% Dominguez Oil Fields (Un)... Douglas Oil -of California 14 1964 ii3/a 22 % 1 Co Fruit Doernbecher 38 1975 _ Apr 10% July 16% Mar 36% America Co Abbey Giorgio 100 BONDS— Oct 80% Sep 185 (Un)__15 of Co Cypress 300 Oct 57% Oct 9% 170 Co Corp 17% Capital Transit 4s series A Gas Corp Publishing 12% 38 Jan 66% 919 ^ Steel 17% 18% Mar 54% 10'A 1,500 4 (Un) Curtiss-Wrighl Di 5 55 10 "A a67% a67% ._—* Y N Refining Zellerbach Crown Feb Feb 22 Aircraft Continental Motors 3.00 48% 36% (Un)— (Un) of Consolidated aOO'A Sep July 2.05 37 4V2 A__2y2 cl Edison Edison 591 23 System Consolidated 6,471 23% • System Solvents 2.20 47% 22 2% Commonwealth 2.05 47% 4'A 10 -- Iron & 13% Mar 23% 4 B 12% • — 16 3'A Broadcast 12% 10 Baltimore Transit 4s series A-. (Un) com Co Fuel 57% Jan Sep 15 Va __ • (Un) Columbia Sep 10% al7% al7% __ 25 Co Jan 45% 136 12 __ 14% 100 Colorado Class __ —25 (Un) Service 10 — Lothrop Cities __ 1 RR 1% Sep 521 a60y4 __ 10 (Un) Ry Paul St __ 12ya Corp Ohio & 1 50 11% 2 Corp 20 ' Westmoreland Milw 2.20 5 Corp of America Chrysler 1,222 50 11% 2b Ltd (Un) Preferred __ $4.50 conv Chic 11 1 11'/2 5 (Un)__ Eureka Chesapeake 67% Mar 5.50 Caterpillar Tractor Co common.. Central 3% May 30(4 Mar Sep Oct 42% 42% * Scott Paper Co Washington (J I) & Co Commercial 42% „ 50 Gas Improvement Case 3 Jan 14% Mar Oct 1 Co Ry Feb Oct 10 Co Pacific 9 51 '/a Mar 30 25 Mar 1.10 20% 2y2 Sugar Canadian Oct Jan Mar 4 % _50 common Co Calamba Preferred 17% %% 8% 30 Sep 170 5 California Packing Corp Canadian Atlantic Oil Co 19 21% 1,492 3 (Un) Ink 35% Mar 10 Sullivan a 30% Aug Sep 40c 100 4 & Corp Byron Jackson Co Cement Jun _ . _ _ Hill Columbia preferred El Company Bunker a8% 27% 29(4 Aug 1,100 10 Burroughs Calaveras 30 y2 6 61 5,785 Jan 3 5 California 1,500 22% 500 45c Jan 12 % Mar 100 % 61'A 1 Inc Oct 20 y8 20 . _ Budd Sep 21% 5 (Un) Stores Sep 86% 3 15 Corp 8(4 55 27 V2 43% Sep 285 a29 a29% 43c a__ 31% 61 (4 2 (Un) Feb 35% . preferred Co Borg-Warner 18% Co—• . Borden 91% 19% • 27 Va High a__ 21% • - Sep 40'A 60 a91% a93y2 3 PI (Un) Oil Co Blair Holdings Corp (Un)_ Boeing Airplane Co (Un) Oct 408 50 5 1 Bishop Jun 12 42% Low a8y2 a33% a33% \ 8% 8% 100 (Un) (Un) 18'% 33% • common. Betineiiein Steel __ lc RR Corp 77 y2 15% • (Un) Ohio Benguet Cons Mining (Un) Celanese 5 & 65 19% common Securities 230 35% Co __ 44c 1 37% May Sep 27% 5 25% 7% 12 10 526 22% 7% __io Power preference Washington 5% 23% July Jan 96 4 __. series United Sep 23% 24% 4 Corp div 63% 14% 10 preferred Potomac Electric Service May 167/b Mar 58 % • series 66 19 _ 3.60% Oct 2iy2 25 . ____ Transportation Participating United 18% 59 Va 15 Mfg preference Oil 87 18% 1 Wafer 3.60% 10% _50 Pennsylvania Sun 86 19 Oct 61 Paper— Pennsylvania $1.40 27 5 Peoples Drug Stores Inc Philadelphia Electric common Public 26% 86 25 common 3,768 26% ___25 Pennsylvania RR Philco 713 26'% 5 Corp Pennsylvania Power Common 67 y2 29 Pennroad Philadelphia 10 462 8% a91% P2 Aviation Broadway-Hale 7 50c series B preferred div 11 y2 66% 7% 10 Lehigh Coal & Navigation Lehigh Valley RR $1 61 25% : & 30% Aug 28 y2 Corp Co Pulp 5% July Apr 26 common Brothers Hecht (The) Apr 19% 29 • preferred conv General 3% 115 11% 67 1 preferred conv 730 13'/a common Storage Battery & Deposit Co 4% % Mar 5% 10 Delaware Power & Light Garfinckel 4 28% 61 11% 25 Duquesne Light Co Fidelity 11% Mar 4% 50 • Publishing Oct 28% 50 Chrysler Corp Electric 5 Va 5 (Un) Range Since Jan. 1 High a8y2 — 50 (Un) (Un) Baltimore 8 5 Bankline Oil Co 746 Corp— Company Curtis Jan 581 125 Shares 44'A Aug 161 y2 28% 8% (111) for Week Low 10 Wedge 20 8 V2 8% Co Corp 19% lc preferred Securities Atlas Bendix 1 non-cum Bankers Feb Jun Baltimore Transit Co— Common High 27% 13 Corp Range Since Jan. 1 Low & (Un) Coru Atchison Top & Santa Fe Atlantic Refining Co Atok-Big 155 10 Baldwin-Lima-Hamilton Securities 156 Vi Armour High 40% 100 Arundel Corporation Atlantic City Elec Co Baldwin Low Steel Sales Range Sale Price selling merger Week's of Prices Last STOCKS 19% Apr Frank to —1 16%c Co South Utilities Mindanao Mother M & J & .___10 Co Mfg Co & M M Inc Lode Cons Mines (Un) 4 —P.10 100 14 — __ — — — Jan 36% Feb Feb 14 100 13% Oct 15% 3 3 al9(4 al9% a27% a27% 2c 3c 1.00 1.10 500 110 2% 17% Sep Sep 20(4 May 24% Sep 27% Mar ,2c Sep 6c Jan 70c Feb 1.50 Apr 14 7 7,000 5,826 4% Mar 35 Commercial and Financial Chronicle... Monday, The 26 (16Q0) October 26, OUT-OF-TOWN MARKETS RANGE San Frajncisco Stock Exch. (Cont.) 1 Range OCTOBER 23 ENDED for Week of Prices Sale Price WEEK Sales Shares Last STOCKS FOR Friday Week's Friday Week's Last STOCKS Par Low par Monolith Portland Preferred Cement (Un) Montana Utilities Power 70 8 Apr 11% 11% 11% 160 10% Sep _5 (Un) 20»/2 20 % 20% 305 17'A Sep 320 28% July Mar 10 Feb 13 28% Mar 30 Apr 28% 28% • __ 57% 57% 253 55 Sep 65 32 290 28 Jun 36 Jan S St Joseph Lead St Regis National Corp (Un) 11 National Distillers Gypsum Prod 8 (Un) 17% Oct 25% 525 16% Sep 21% Mar 17% 90 14% Jan 18 18% 18% 1,110 17% Sep 23'A 18% 18% 170 18% Oct N Central Y Oil Norris RR 18% a 1 __— American North Aviation Northern Pacific Railway Aircraft Northrop Co Roebuck & Feb Aug Jan Sears Oahu Sugar 100 Co Ltd (Un) _1 1 Ohio Edison Co Ohio Oil Co (Un) Co Oil & Gas Signal Onomea 19% Sep 25% Jan Sugar Co 28% Feb Southern 3% 3% 1,900 2.00 Aug 3% Oct 18% 19 672 16% 59% 647 52% July Sep 20% Mar 58 al5% al5% 14 12% July 18% Mar 58 83% 100 12% Feb 14% Apr 15c 14c 15c 200 14c Sep 25c Feb 2.85 3.00 3,920 14% 14% 2% July 3% May 124 34 % Jun 39% 53% 217 51% Apr 56 20 a2.15 a2.15 14 1.40 Jan a38% a38% a38% L\ • 14 13% 14 81 81 81 Feb Mar 3 % May 30 cl A new Aug 68 33% Sep 56% July a20% a20% 110 18 Sep * 23 % Mar 6c 7c 23,485 Sep 12c a22 a22% a65% a66% 35 20% Sep 27% Jan 99 55% Feb 64% Oct __ 6c Conv Pacific Southern Co Co of Standard Oil Co (Indiana) Standard Oil or 8 155 7% Oct 12% Mar 1,708 5% Oct 6% May 25 38 37% 38'A 6,950 34 Jun 32% 32% 1,269 30'A Jun 34% Sep 37% 33% Jun 39% Mar (Un)__—— __ a24% a24% 31 150 29 a27% a27% 30 27 Pacific Aggregates & Electric common Gas 6% 1st 51/2% preferred 1st 25 redeemable redeemable 27% Jun 31% Jan 25 27% 27% 27% 483 25 Jun 28 Feb 25 preferred 5% 5% 27% 27 27% 411 25 % Jun 28 Feb 29% 25 preferred series Jan A 429 29% N July 31 32 32 22% 32 225 7% 8 300 145 13% 39 39 620 a42% a42% 39 __ 43% 43% Studebaker Sunray Corn Oil 13 Jan 16% Jan 36% Sep 49% Mar 38% Sep 47 Jun 305 38% Sep 47 Mar 112 6 5% Sep 27 142 25% Aug 3,274 49'A Sep Sep 29 50% 59% Jan 67% 280 67 Oct 80% Jan 70% 71 551 67% Sep 73 % Jan 10 10 131 9% Sep 35% 35% Apr 11'A May 36 Oct Pacific Gas Oil & Devel Lighting Corp New Pacific Public 1st 66% issued) Ltd Petroleums Pacific 1.15 •• 66% 33% Oct 75c 1,200 Syivailia Electric 13% Mar Tide 25 17 Apr 22 Transamfertfa 24 Apr 25 % May 95 111 Sep 16 130 Jun 7% Aug 850 Sep 119% Mar Trans Pan American Paramount Oil Corp 31% 710 34c 10c 23% 267 4% 31c 31% 6,900 • Corp World Airways Pictures 31% 4% __4 (Un) 33c Jan 4 Sep 31c Sep 47% Mar 6% Jan 54c Apr 9 365 8% Sep 11% 26% 26% 100 24% Sep 30 % Mar 19% 19% 550 13 23% Jan 13 100 11 Jan 15 Apr a32% a33% 170 29"% Sep 43 Feb 3 Phelps Dodge Corp a30% a30% 50 P10 3% a52 a52% 550 _50 33 %c (Un) —12% a33% Tri-Continental 18 Sep Corp (Un) Philippine Long Dist Tel Co Phillips Petroleum Pioneer Mill Puget Pure Co Sound Oil Radio Co Corp * Co Electric Union America (Un) < Preferred United Air 36% Jan 4% Lines Manufacturing Co Park U Republic Rand Steel S City Mines Rubber Reynolds Tobacco class Rheem B Consolidated 68% Mar Utah-Idaho Sugar Feb 5% May Jun 30% Mar Washington a45% a46% 140 44 % Oct 60% Jan Wells 23% 409 22 Sep 29% Jan Westat.es Petroleum 84 84 80 10 Sep Victor Manufacturing Richfield Oil Riverside Co__ Water Preferred 100% Mar 22% Sep 34 Jan West 25 31% Aug 34% Feb Western 235 8% Sep 14 Cement class A 14% 465 14% Sep 19% 46% 46% 312 42% Sep 51 Mar a47% a47% 50 41% Jan 47% Oct 25% 630 23 Sep 29 % Mar Sep 63 Jun Oct 27 23% Sep 29% Mar 100 12% 15% 15% 280 a68% a69 125 Mar Sep 13% Sep 19% 17% Jan 63 Oil 16 a21%a22% Feb 71% Jan Sep 21% 21% Sep Sep 40% 42% 1,820 37% Jun 44 Aug 42 42 322 33% Apr 42 Oct 23% 23% 216 22% Sep 32 Mar 26% __ 26% 27 438 23% July 29% Mar 125 1% Oct 27% 345 23% Sep 37% 37% 1,109 34 Sep 44 Jan 53% 56 493 41% Feb 56 Oct 2.60 2.60 500 2.60 Oct 10 10% 600 1% \ __ 37% _10 1 % 27% 1% 1 (Un) __ 5 (Un) 5 __ 1 Power 2 May 23% May ___100 (Un) com 8% 3% May 10% July Jun all%all% __1 12 Sep 16% a27 75 25% Jun 29 307% 307 '/a __ 16 a26% __ '■> (Un) Indies 20 286 Jun 33 880 33 Oct 33 33 1 Sugar Air Apr Mar 307% Oct Mar 60 3% a47 % a49 228 44 33% 33% 100 32% Feb Western Union Jan Inc 4 1,170 3% Sep 5% Jan 18% 18% 330 18% Oct 26% Jan 9% 9% 274 Sep 12% Feb __ __25c Corp Mtors 9% 10 a43% 12% 47% (Un) (Un) (F Cab >■__ 1 Telegraph (Un) Willys-Overland Yellow (Un)___ Stores Westinghouse Elec Woolwortli __1 common Lines Dent 35% Mar 24% (Un)_—_25 19% 7,246 13% Apr 10 14"% a49 673 26% 42 10 Fargo Bank & U T 460 10 • 20% __ • Pictures Bros 25% 25% 1 Corp (Un) Equipment Co Warner a31% a31% 257/a __ Jan 13% a22% 5 (Un) Co Sep 10 39% 20% _10 5 4% • (Un) 57% Mar Oct Apr 50c (Un) Sep __ cominon__25 (Un) 25% 3 (Un) Corp 49% 34% 25% a69 U S Steel Corp common Western Remington 106 __ 10 United 48 % 84 228 __ • Inc Gas Corp common 10 23% (Un) (Un) United 101 __25 Feb 32% July 30% Sep 26'A 1 Missouri- of 29'A • (Un) Corp a5% Railway Eq & Realty Co Ltd pfd____100 Rayonier Incorp common 1 Raytheon 220 Co Aircraft 29% • 50 a32% a32% __ 5 Oil Co or California United a5% a52% 34%. a54% a54% a32% 10 Carbon * Timber— & (Un) of Sep 3% July & _20 (Un)_ Pulp 3% 29 Oil Inc Corp Carbide Universal Philco 7.50 Feb 9 1 Pennsylvania RR Co (Un) Pepsi Cola Co (Un) 21% Mar 34% Feb 141 1 (Un) (Un) 43% Sep 34% 2 Airlines Union Stendel Palmer Oct 15% Corp World Union Pacific Western Oil Corp Packard Motor Co common 22% 1,665 —25 Company (Un) Water Associated 112% 114% 114 385 16% Products Texas 160 9% 8% 100 32% 23"% 16 __ Oct Oct Cement 136% 136% 100 common Preferred Apr 33% 24% * Pacific Tel & Tel 56% 1.15 a22% a22% • common Oct 595 655 171 23% 16% (Un)_—* Portland 24% 1 i Service 1.15 66% 33% 1.00 • preferred Aug 66% 33% 33 %o common (when common 9% Mar 1 1 (Un) Superior Pacific 10 5 33% Mar Jun 67% __ 5 (Uu> Corp Sep 27 __ 71 ___ Feb 32 % Mar 25 43% 6 Jan Jan 50% — 50% —15 Stanley Warner Corp (Un) Sterling Drug Inc (Un) 26 % 27% 29% July 7% Oct 14% __ 25 Jun 14% __ 1 J 24'A Jun a27% * California 30 22% May 39% Mar 32% Jan 30 200 2 Oil 5% Oct 41 % 24% common Brands Standard 8 21% Sep 24 1 Standard 5% Oct 30% — —* Jan 5% 19% 141 528 :* Sep 2,085 1,852 Sperry Corp 57% Jan 20 % 32% i Oct 5 20 54 "A a32% a33% 36% 5 15% 5 Oct Oct 36% (Un) 81 Pacific 12 71 % 32% -—25 Ine Aug May __ Railway Inc 8 66 213 36% Southern Calif Gas preferred ser A__25 —2 Southern 30 101 20'A a33% Southern California Petroleum Co 12 18 preferred 4.88% Southern 57 '12 a71 a72% __ (Un)—* Co com Jun 81 Pacific Amer Fisheries Coast Feb 56% — a72% 5 (Un) Oil Calif Edison Oct 11% 1,543 Ji__100 common Preferred Apr 38% preferred 4.08% __25 Cumulative preferred 4.32% —25 Convertible preferred 4.48% ——25 Spiegel Pabco Products Inc 9% Jan Cum Jan 2.85 53% 12 (Un) Sep 32% • Co (Un) Socony-Vacunm Sep • (Un) 7% 850 a22% a66% 15 24% 20 Oil Co Oceanic High 865 a20% 1 • * Shell Oil Co 12 3% 1 — Petroleum Corp Occidental Low 8% — (Un)_1.40 <Un) Co Water Shasta 988 (Un)______l (Un) 7% 38 38% a32% a34% —P.10 Mining Industries common 26% a20 % a20% • Power__— Co 38 Paper 26% (Un) Mohawk (Un)——— Co Sinclair Oil Corp Niagara — 8% 5 10 5 Range Since Jan. 1 High 22% May al7% 1 (Un)__ 150 19% 18 19'A 1 City Lines National al8 al8% 5 Fibres Auto (Un) Paper Mauricio San Scott Nash-Kelvinator Low 10 Foods Fine W & Safeway Stores lnc__—_—: Schenley National Shares Mar 31% * _ (Un) Co for Week High 10 Co Montgomery Ward & Co Morrison-Knudsen 9% 9% 9% Low High 10 ——■ — Montana-Dakota (Un)_* com Sales Range of Prices Sale Price Range Since Jan. 1 W) Co 1 common (Un) Preferred 48 1,153 16% 43% 8% Sep 40% Apr 47'A Aug Sep 49 Mar 12% Jan 16% Oct 43'A Sep 47"% Jan 40 100 43% 410 5% 5% 300 18% 18% 200 5% ___25 150 47% 16'A __ 1 9% 45% __ 10 __. 9% a43% a43% 8% __ 5 10% Mar Oct 18% 7%' Jan Oct 20% Mar V CANADIAN MARKETS RANGE Montreal Stock FOR WEEK ENDED OCTOBER 23 Week's Sale Price Canadian Funds Par Week's STOCKS Last Range Sale Price Par Abitibi Power $1.50 & Paper Low 1414 14% 6,905 12% 25% 25% 26 1,781 25'A 7 7 100 6'A is 18 100 » Aluminum High 14% * Algoma Steel High 26% Feb British Feb British Columbia Aug British 16% Mar 18 32y2 33% 685 30% Oct 49'A Jan 453/4 44s/8 45% 4,123 41% Apr 53% Jan 23% 23% 160 104 103% 104 440 100 Apr May 40 40 40% 90 37 Jun __ 21% all% al2 10 80'A 80% 310 80 25 25% 590 24 14% 14 14% 865 • 40 39 40 500 25 37% 37 38 9,806 1.29 1.07 1.30 215,439 Asbestos Corp common Atlas Steels Ltd Power & __ __ • • Paper class A Bell Telephone Rights 25% 11% Aug Feb Apr 12% 24 42 35% 68c Orders handled Canadian Stock on all Exchanges through our Canadian affiliate which has a direct private wire from coast to coast. 4%% see page 41. al7 15 18% 3,621 14 Jun 11% Jan 17 % May 16% Sep 21 % 30 Broad Street Jan 15 88 Jan 95 49 95 46 Jan 50% Aug .49 July Bruck Canada $1.30 Feb Canada 23'A 45 Jan 40 Jun 4,650 5% Oct 5,920 17% Oct 18% Oct 36 605 32% Apr 36% July a4.50 60 4 Oct 35 35 85 35 Jan 4.55 Apr Cement — — Iron North Power _ 484 72 Apr 1,040 27 Jan 19 % 200 11 —10 • 11 100 100 100 30 100% 100% 10 al9% * Corp 100 _100 1st preferred _ 80 28'A 28 28% —20 common 79% 80 __. 1— Foundries Safeway 2nd preferred • common preferred 100 __ — 8% 40 !a 37 Sep Sep 1.30 Oct • Canada Steamship common 5% preferred Canadian _ — — Stp 10% Mar Feb 11% Apr 98% Jan 102% Aug 99 Jan 102% Aug 79% 80 87 70 Apr 49'A 49'A 335 46 Feb 50% Mar 20 19 % 20 % 1,619 17 Apr 20% * Co., Inc. Tel: HAnover 2-9250 ROYAL BUILDING BANK MONTREAL, Members: Montreal The Stock Investment Exchange Dealers' — QUE. Canadian Stock Association of Exchange Canada Teletype: NYl-1979 Direct NEW YORK New York, private wires with Toronto and Maritime Provinces Branches - Feb 22% 49% 50 Breweries Jan Mar 29% Mar 19% Jan Sep 5% 18% 35% • Products Canada Aug 5% 17% 36 I_28 Telephone Mills class B ' Building 83% Mar 12% 5% 18% • corn- ' Canada 27% • Productsnew Q. 1. LiSLI W. C. Pitfield & Jan a92% a92% _100 pfd High Low 9% a4.50 Forest Halifax^j^. S. Por footnotes 18% 100 Power Columbia Sep Est quotations on all Canadian securities. May 105% July Jun 36 * Range Since Jan. 1 , 9,292 17 % Note__ - Columbia 7% 10% ul7 common Elec _ High 10% 10% Shares 15% Aug 33a/" 4% preferred Apr * Ltd Co of Can Columbia British 5% Oil of Prices Low * Light & PowerBank American Jan Oct • preferred__25 5%% 2nd preferred 100 Anglo Canadian Tel Co 4%% pfd 50 Argus Corp common • 4% % preferred 100 Bathurst Low Traction American British Range Since Jan. 1 25 common A Aluminium Shares British for Week of Prices • common preferred Acadia-Atlantic Sugar Class Brazilian Sales for Week Last STOCKS A Friday Sales Range Friday Exchange Sydney, N. S. - Saint John, N. B. - Moncton, N. B. 82 Jan Aug 1953 Number 5267 Volume 178 The Commercial and Financial Chronicle ... (1601) CANADIAN MARKETS RANGE Friday STOCKS Week's Last * Range • Par Canadian Bronze Canadian Canners Ltd Canadian: Car Class & Foundry common— Celanese $1.75 series a27 a27 15 17% 17% 17% 18 18 18 • 26% 26 % 32% 32% ciiem 20 Canadian Fairbanks Canadian • 8% * a24 Locomotive ounioaeJ a Morse common * Canadian Oil Companies preferred Canadian Pacific Canadian Farm Railway 555 610 a24 Consol Mining Consumers Class & Smelting Crown Cork Davis Leather & 100 12% Oct 25 99% Feb 23% Distillers Seagrams Dominion Bridge Coal 6# A Dominion 23% 2,719 21% 17 2,440 14 12'A 1,215 7% & Dominion & Steel 666 8 Jun a9% 200 8 Jan 22 21% Feb 34 34 225 33% Oct 16% 16% 100 13% Jun Bros • 9% Aug . Oct Jan 28 Mar 69% Oct 84 Jan 9 9 9 100 8% Aug 13 al37/s al3% 178 13% Sep 14% Aug. — — 98 98 25 97 Apr 100 Jun 63% 64 300 57 Mar 67 30% 31 300 30 Jan 31 % July 11% 11% 2,556 10 Sep 16% „ 11% * 18% 18% 550 14% Jan ♦ 7% 7% 7% 4,716 7% Sep a20 a20 a20% 75 . * 7% 7% 8 1,689 7% 14% 14% 325 12 % Apr * 17 Va * A pfd_. Corp 15% Jan 18 Ltd 33% Feb 55 Power 22% 100 21 Mar 23 alO alO 50 19% 19% 1,035 18 • 12 12 12 525 11 14% 14 14% 1,331 * 21% 21 21% 1,275 102% 102% 41 101 common 20 74 May 125 12 Sep 17% Mar 30 99% Aug a98 a98% common • « 23 • 13'/a Canada Ltd Viau Corp Western Leaseholds Weston Ltd 5% preferred 5%%. preferred General Eakeries Ltd General Steel 100 9% 12% 21% Jun 14% —. - 5% preferred 13% July 17% 20% Goodyear Tire 4 r/c Gypsum Lime Feb 107 105% Jan 111 Jan preferred Hudson Bay Husky 34% 35% 45% Mar July 15% 15% 160 15 Sep 17 Jan 101 101 55 99% Apr 103 Jan 50 48% 48% 48% 475 47% Feb 48 % 33% 34 125 32% Apr 39 17% 120 14% Mar 19% 1,645 * a 17 a 19% 19% 44 44 100 • 40 39% 40% 2,955 1 7.20 7.20 7.40 900 * 28% 0 common.—. — Mining 31 376 101 -- 50 ._ Smelting & Oil Oil Ltd 17 Oct Mar 19% Aug 20 Aug 46 May 58 Feb Oct 12% Feb Sep 36% Jan Apr 42% Jan 36 Oct 7.20 Canada 6% preferred $1.50 10% 10% 10% 23% 23% 23% Jan 26 Jun 27 3A Jan 34 Aug, Sep 21% 22 1,600 13% 2.70 22,010 2.00 Sep 13% 1,220 11% Jan 100 1,710 32% 33 600 29% Jun 36% Mar 37% 37% 38 280 36% Oct 39 6 6 100 5 17% 135 16". 6 a Nickel 7% Canada or • common preferred 16% a Paper 5% 28 6% Jan July 6% Jun International Petroleum International Power International —* Ltd Co 97% Oct al9 al9 75 18% Jan 20 Feb a63A a63A 5 6 Mar 21% 21% 380 18% Jan 23 25% 25% 150 25 Jan 263/B Aug 31 Jan 35% Aug Preferred 34% 2,180 39 397 38% May 42 Canadienne 10 25% 25 25% 585 23 Jan 25% Commerce 10 30 29% 30% 1,080 28% Jan 32 July Royal lo 34% 34% 35 1,934 31% Jan 36 May Canadian Stock Canadian STOCKS Service Limited Oct 46% Jan 131 47% Jun 55% 19% 20% 392 18% Sep 29% Mar 127 Apr Mar Oct 80 82 210 62 Apr 82 Par Anglo-Canadian Pulp 26% 515 24% Jun 29% Jan Belding-Corticello & Canada Week's 7% Oct 32% Lake of 7% the Woods _* Canadian Dredge Canadian General Candn Internat Claude Lewis 18 Sep 29% 12% Jan 16 al8 al8 325 17 Jan 18% Aug Ford 33% Foreign Jan Feb July a 142 % 25 10% 10% 200 a7% * a7% 29% May 10 8 50 142 __ Ltd 25 29% a29% a8% ■ * a 140 Feb 144 7% May 9% 7% Mar 11% Feb Feb Jun Great Lakes Hubbard Felt Investment Mailman 5% Corp McColl 15% Sep ,* 18% 18% Jan Aug 10% Jan 24 Oct 38 100 35 May 41 Jan 24 Jun 26% Jan 6% Molson 18% Jan 81 128 80 Jan 8% 5,230 25% 25 % 26 1,512 41 7% Ltd Breweries Class class A E Montreal Morgan Telegraph 5'« preferred 41 24 24 24% 1,316 24 24 24 396 24 Jun 26 % Feb 47 47 30 46 Jun 47% Apr .40 —100 20 101% 101% — Drug National Steel Chemical & 9 9 98% 100 25% 26% 715 5 corn- 26% * Car Jan 102 9% Jun 8 24% Sep Oct Niagara Wire Weaving * 32% 32% 75 64% 63% 64% 1,299 62% July Sep 36 * * a31 a3L a32 165 29% Apr 33 Mines Fioui Ltd Mills common 30 Jun 27% Mar Noranda Ogtivie Sec Page-Hersev Penmans Tubes * * River Power Corp Price 4% Bros & Co Ltd 27% 27% 23% 24 78% 36 Feb 52 Aug Jan Oct 45 Jan Apr 26 Aug 31% Sep 40 Mar 31% 32% 2,039 27% Apr 34 Mar 92 32 92 52 89 Apr 95 Aug 13% 35 12% Jan 15 July ,—100 Transport 73 27% 741 common * — a 13% a 6% TORONTO STOCK Mica Feb 200 9% Apr 11% Jun 3.60 Moore class & 3.95 500 Sep 5% Jan 10 10'A 950 8 July 10% Feb 60 60 100 57 Oct 70% 101 101 10 3.50 3.50 3.60 201 35% 35% 35% 35 0 3.00 3.00 3.00 200 a5 a5 10 * 5 Sec cl A—" 156 100 Feb 3.40 Jan Feb 32 2.50 Mar 5 4.05 May Jun 42 3.75 Jan 5% Mar Oct 85c Feb Feb 105 Feb 1.15 Mar 85c 85c a24 a24 42 • 39 38% 39 2,558 34% 30 3A 30 3,370 27 July 307/a Oct 100 19 Sep 26% Jan- • CO o SF1 a20% a20% * 25 27 Mar 39 % Aug Sep 35% Feb 66 45 66 Feb 68% May a20 50 20 Va Sep 25 Sep 28 230 25 1.05 1.05 1,100 80c 65 62 34 65 1,580 59 * a40c a40c a40c 51 • 18 3A 17% 187/a 4,565 all all 25 a3.00 a3.50 28 " common Apr 66 27% _* A Jan a20 27% _1 common prefererd — * 6% Ltd mm*. * — — Apr Feb 40c Feb 2.25 Feb 68 Mar 50 " 15 Apr l'.OO Feb 9 20% 9 July 4.25 Sep Sep July 5.00 Jan 24% 51 24% 100 24 Jan 24% Oct 25% pfd—20 common—* — class A —» _* * 25% 65 25 Jun 28 Jan 51 51 5 50 Jan 52% May 12 300 12 39 — 39 50 14% 14% 100 10% Jan 12% May 37 Feb 45 13% Jan 15% July July 54 Oct Feb 92 Sep Aug 4.55 Mar Apr 47% 11 54 54 100 90% 90% 50 " 4.00 4.00 4.00 16 10'A 10% 10'A 31 • 5.00 4.50 5.00 3.755 3.00 Jan 5.00 8% 8% 275 57/a Feb 8 % Oct 1.95 1.95 270 1.20 Feb 1.95 Oct Paper * 4% Ltd pfd 100 common * Ltd 10 Ontario Newfoundland Paul Paper Co _ — — — 3.90 10 23% 24 % 27% 1.460 23% 24 851 23 24% 500 23% a22 % 27% • 25 27 Jan 86 24% 5 common preferred Lt & Pwr Co Ltd Service Stores 6% n c Reitmans 5% 2nd part Feb Oct Feb Jan Oct 27 % Mar 26% Mar 24% May (Can) preferred Ltd redeemable Industries Ltd Southern Canada Supertest Petroleum Toronto Iron Pr Finance 20 cum al8% pfd—100 124 Ltd Works class Corp Oil 4 23 Aug 10 Oct 50 7 July 15 109 Jan 56% 45 55 Aug 58% May 9 Mar 11% — 11% 270 19% 19% __ 112% 20 Jun Oct May 100 19% Mar 17% 105 17% Oct 17% Oct al7 a1834 155 17% Sep 24 Jan 124 21 118 Jan 125 al4Ys al4% 50 13 Jan 122 13% Apr Jan 30% Mar 213,4 28% 550 25 Sep • 28 % 28% 28% 585 26% Sep 30% Mar * A class Jan 105 10 110 17% —• * * 6% 18% a23 10 11% * preferred class A Russell _ 50 common Conventry 10 110 56% 10 —0 1st pfd_100 cum Renold 22 22 19 Sep 46% * A of Feb • Ltd Corp class A B Corporations Products & Canada 30% 30% 31 435 26 Apr 31% Aug * 10 10 10 16 10 Jan 10 7% Pipe Line Canada Amusement 23% 1,800 0 Gas (Jack) class B. Co 4 584 Oct 10 Sep 12% Aug 30 J0% Sep 12% 43 20% alO 17 17 100 0 22 22 22 8 1 2.30 2.30 2.30 5,525 1 Breweries 7% 11% July alO * — 7% 12% a20% a20% * * Ltd 7% 12% Jan 11c 11c 12c 2,500 24c 24c 1.000 3.40 3.70 5 Apr 15% Mar 22 May 23% Jan Feb 17 Oct 30 Feb Stocks— Ameranium SHERBROOKL ST. American JdHNS. P.Q. Mines Mines Mines Arnora Ltd Yellowknife Lead Ankeno Arno 3.85 10 redeemable Ana con 41 3.85 10% B common Ltd Co Corporation 4% Mining PL-9501 OfH-es. 1181 St. Catherine Street West, Montreal oage Jan • Corp Oil Canada of Western ( *ee Feb 10% • com Aconic Mining Corp Branch footnote* Jan ST. WEST. MONTREAL Telephone TROIS-RIVIERES 54% 10% Ltd Woods Manufacturing Co QUEBEC Jun Mar „— Westeel EXCHANGE 276 ST. JAMES 45 93 Light & Pow Co Ltd com_; Watson EXCHANGE STOCK 10 Oct (Can) Power & Preferred United EXCHANGE CANADIAN 49 84 preferred Mexican Class H> STOCK 49 May 10 (Walter M) Frontenac United MONTREAL 14% May a83 class A Melchers Distilleries Union MEMBERS: 53 % Jun a83 preferred Groceterias Trans Mountain & 18 Feb 13 » Company Ltd_* Corp Paints Traders ,RD Jan 50 25 Feb Aug 20 1,115 34 Jun Mar 48 225 23-% • preferred Provincial 27% • Canada.. 65 Va 30 . 1 Company of a50 a 50% 0 common Placer Development Powell 150 69 68% 16 30 • * Co Power Corp of Can 6% . 1,915 a50 42 Linoleum Secur conv Lowney Co Minnesota National 17% 25% Journal Publishing Co of Ottawa Loblaw MacLaren 41 * — — • * Robt) < 49 ' 5 Foundation cum McColl Mitchell — Jan 300 81 7% • Oil Frontenac Jan 85 18% 7% —100 ... 20% Oct 18% * priority Ltd prci erred Massey-Hanis 30 325 17 a50 al2 Va a 12 Va — Oct _ Can class July 200 & Paper 38 37 16% Jan Jan Hydro-Electirc 37 Jan 6'/a Sep Candy Shops Manufacturing Ltd Mar 16% 97% Apr 32 Corp Oilcloth 9 16% * com Sep 5% 21% Square Corp Oct 4 Steel Export class B 85% 100 Fanner International Structural MacKinnon MacMillan 1 100 Co Ltd Dominion Mar 7% % 57/a 410 Engineering Works Power Mar 34 Standard of 12 22'A Paper Corp Ltd Co Jan Feb 57/a — ° Motor Sep 14 34 ! Div 7 Jan 9% Apr Feb 22% preferred Dominion Fanny 13 1 Adver Zcllerbacli 125 15 High 25 • Preferred 280 2,820 a86 % a86 —— * Lumber Co Alcohols Consolidated 3,180 ..100 Acceptance class B. Bros Gen Consolidated 21% 77/a 7 al4 Oct 21 common Trust preferred Dominion 1,160 150 100 Neon Crown 8% *> Rand Industries 8% 8% * Canadian Westinehouse Casmont 21% —a Ltd Inv Low 21 * * Range Since Jan. 1 High. 7% 1 Investments Ingersol Shares al4 1 Sugar Industries for Week 21 100 & Dock Canadian 28% 18 • common preferred Lang & Sons Ltd (John A) Laurentirio a pfd Dominion Sales Range 77/a 5 Malting Co Ltd Vinegars Ltd Canada Fleet Labatt Sep Exchange of Prices Low * Company common $5 conv 1st preferred Butterfly Hosiery Co Ltd 14% 28 Paper Co Brown 20% 28 & Development Oct 25% 21% (John) 37% 4,221 10 4 common Mar Funds Last Sale Price 14% Line Pine Public 38% 3,807 25 TftterorovinHul Jamaica Mar 39 Preferred 82 5 com 7% May 34 Commercial 26% * ; : Utilities Corp Jan 6.75 Jan 39 Jan 55% 20 Aug Sep 10 Apr 18 Mar 53% 55 50 4.25 Oct 36% Mar Sep al27%al27% ' 7.50 common 38% 38% 100 International Jan 10 8'/r Intl 43% 913A Scotia Western 6 al7% a__ a— 245 Marconi Co 31% * 2 1,670 Banks— Canadian 6 25 _ a50 48% Nova Canadian Mar 30% com preferred May Montreal 11% July 6 30 Sep Jan 2.80 15 ■ 48 25 Va 24 30% .40 23% Jan 2.55 32 3A July 2,850 common Jan * preferred preferred 175 13% • Limited Jan 9% 23 £1 common International Bronze Powders 6% 27% 25 i — Acceptance Corp $2.00 5 common preferred Industrial 29% 25 Imperial Tobacco of 4% 28% 5,850 2,660 — Aug Mar 28 26 a50 preferred Canadian Imperial July 17 5.40 Zellers Anglo-Nfld 15% • Feb 21 1,716 Feb 12% 895 * Canada Hamilton Bridge Smith Paper Howkrd $2^00 6.00 July * 1927 25 3A 25 20 97% Oct 4.95 100 pfd inc Jan 20 100 5.25 Aug 10 375 Alabastiue &. 150 97% _ 22% Mar Apr 110 common . Jan 5% — 23 Mar —100 Jan 110 34% 24% 13% Aug 5 Va 3 July 2,400 _ _ Jan Oct 5 Wares 51 « _ pfd Feb Sep —100 . Dynamics General .' Jan 32 Friday Gatineau 47% 30% 48% . Winnipeg Central Gas 5% 100 37% Mar 29 3A 0 _ 4%% (Geo) Wilsils _ July 48 2.65 * Works 46 12% * & Feb 13% • Biscuit 42% 217/a • Steel 300 26 • Stores 43 43% 31% Thrift Oils Apr Jun 29 Ya * United 30% 36% 23 • Steel Co of Canada common Triad 285 1,638 24% * Power Apr 34 % 38% 48 50 98 34 43 50 Co Oct Feb 37% - 37% Voting trust certificates Simpsons Southern Jun 75 Aug 22% alO common a73 July 425 19% common Aug 3,177 • Foundalion Co of Canada Jan 15 55 1 Corp 10 Ya Feb 17% 1 Canadian 20% 17 22% 21% 100 common.' preferred Breweries 22 Jun • Power preferred 4%% Jan 13 al3% al37/8 __ common & 18% 765 Apr 53% — 20 Oct 9 Oct 14% Jan 18% 19 % May * common 4% B Hip* 160 .100 Aug — * common Jan 63% * Sicks* Corp Water Walker Gooderham 16% 24% * Class Low 22 21% 37% Mar ; 175 Coal Eddy Paper Co. class Co's r Jan 7,382 Ltd Players 10% 72 Dow Brewery Ltd Dryden Paper Electrolux Jan. July 25 27% —100 Chemical & 34% •r t 70 Ltd Dominion Textile Eraser 545 27% com Preferred Famous 8,794 25 —23 % Tar Donohue 26% a9% a8% 34 20 Stores Jan 24 a9% Lawrence Series A Range Sines Jan. 1 High 20 21% 16% Mar 72 common Steel Dominion Jan 19 27% preferred Dominion 33% Sep Sep .—25 t Glass 25 Sep Sep 9% a9 24 Jan Apr Aug 101 2 preferred Preferred Dominion 25% 22% 15% , • Foundries Dominion Oct July St Shawinigan Southam 16 =* .'. 14% 11% a9% * class 25 100 17 « Seal Oct 21% al6 11% * 1 Jan 12% • B 13'/a 99% 23% * - Sep al5 * A Apr Shares a73 • Saguenay Power 4%% preferred Jan 34% Aug 20 99% • Glass class Oct July 8 3 ' Corbys 32"% 18% 12% 25 Equipment 25% Julyn 10 200 Low Sales for Wesk 22 Rolland Paper common 4% preferred Royalite Oil Co Jun Range ef Prices Ear 46 Oct al5 ..100 Vickers Cockshutt 17 Mar 18% H' Quebec Power 20% Mar 15% Aug 99% 0 - . 33 Jun Feb/ " 9% ' 24 238 32% 20 25 40 Week's . Last Sale Price Utah 34% Jun 550 . 27% 25 common : series Canuumii 5% 155 * 2$ STOCKS LOW 38% 30 Canadian OCTOBER Range Since Jan. 1 Hiafi 38 * : A $1.00 38% ENDED Friday Shares Low . • common WEEK for Week of Prices Sale Price ' FOR Sales Mines Gold Mines Ltd 1 • 3.40 2.25 lie- 2,000 11c * 2c 2c 2c 1,800 2c 1 8c 8c lie 18,500 11c Ltd Ltd Sulphur 7,000 1.37 July 11c 22c Mining Corp__ 8c 2.30 Oct Oct 51c May Mar 35c Jan Apr Oct Jan Oct 5.70 July 29 %c Jan 3%c Mar 20c May 37 The Commercial and Financial Chronicle .., Monday, October 26, 1953 CANADIAN MARKETS RANGE WEEK FOR OCTOBER ENDED Week's Friday Sales Canadian Stock Exchange (Cont.) STOCKS Sale Price Ascot Metals Atlas Sulphur Ltd Belle Mines — Bouscadillac Brunswick Carnegie Minet> Celta Dev 6.00 Sep 6'/2c Jan 21c Sep 9c Oct 19 %c Feb 6c 6c 2,000 5c 14c Feb 65c 70c 7,100 60c 1.40 3,300 1.45 1.49 16c 16 %c 2,500 — 65c 1 — 1 1.45 16c Lead & Mines 1 Ltd Nickel —__ Metals El Sol Mines Gold Metal Pab Fenimore Iron Mines Mines Uranium 8c 2,000 300 Uranium Jack Lake Jaculet 1.53 Jan Sep 9.25 Feb 97c 1.02 2,500 79c Apr 1.29 Mar 48c 51c 7,500 40c Sep 1.45 20c 20c 2,000 20c July 8.85 9.45 1,400 1,000 Oct 15% Jan 18,300 48c Jan 5.20 Apr 29,700 30c Sep 1.85 Feb Oct 6c Feb 1,430 500 9c Aug 24c Feb Sep 50c May 6c Oct 12c Jan 4%c Oct 14c Jan 5,000 Mines 1 Ltd 1 Ltd Mines Malartic Mines Island __ New "U" New Coal New Pacific Santiago Nocana Nubar Nudulama Obalski Island & Preston (Quebec Ltd Mines Uranium Gold Fields Mar Jan Stadacona Mines 500 Oct 4.45 Apr 4,000 54c Aug 1.65 Apr 11c 9,200 10c July 65c Jun 25c 2,000 20c Sep 7c 13,000 25c 6VeC Mines Mines Mines 12c 11c 15c 4,000 2.50 2.65 1,400 16c 16c. 1,000 __ 70c Ltd- Mines 3.75 14c Ltd Sep Sep Sep 49c 3.75 880 14c 6,000 5%c 4,000 2.50 400 July 12c Sep 1,000 95c Oct 22c 95c 25c Jan Oct 3c May 7c Feb 3.40 Feb 1.48 1.58 12,050 10 %c 4.60 4.55 14c 4.75 43%c43%c __ 30c 30c «i/„c 34c ay■ _ 21,000 2,750 1,000 875 Sullivan 1 2.05 2.10 33,200 Lake Mines Ltd 1 10c Mines • 24c Tiblemont Goldfields Ltd 1 Tobrit Silver Mines 1 Trebor Mines Ltd 1 15c United Asbestos 1 2.95 United Keno nc Pyrite & Copper Wendell Mineral Products Ltd 10c 4uc May 78,000 15,000 86,800 Mar 5.80 63c Jan Jan Oct 50c Mar Apr 14c Feb 7%o July 5.80 Oct 24j/2c Sep 2.05 Sep 16c 9.70 47c 2.99 Feb Feb Aug Jan Sep 12 %c 39c Jan Oct 8c 1.10 Jun 9y2C 12c 25,700 6c Apr 114 2,700 80c Sep 1.65 Jan lie isc 4,000 10c Sep 46c 2.95 3.15 900 7.25 7.25 l.ono 70c 60c 72c 32,150 i5i/2 15y2 ^4 2c #2c 600 __ 2.30 2.30 2.45 2.70 Sep 7.25 60c Oct Oct 13% 1,000 2c 5,700 Sep 1.38 Sep Jan —1 30c 30c 35c 5,500 26c Sep 1 24c 24c24'/2c 4,000 20c Oct Copper Mines Ltd__l Western Tungsten 20c 1 05 " Weeden 8c 21c 24%c Sep 3.80 Aug 3,500 21,500 Tazin 7c 7c 14c Tache Oct 1.38 30c 30c 2.07 3%c 6,000 6 65 __ —l Oct 25c 7c 25c — Jan 1.54 May 63c 6.60 Mines 1.54 Jan 21c Sep 1.52 i3C 1.19 1.10 1.33 91c 4,300 75c 22c 8,500 15c 8.00 725 3.30 Sweet 8,700 2.55 Oct July Jan 3.10 Sep 3.70 10,200 Sep 55c Jan 800 1.25 Sep 3.10 Jun 1.37 1.37 1,000 1.37 Oct 1.37 Oct 85c 88c 3,800 7%c 7%c 1,000 Empire 74c Sep 7%c July 1.95 2.12 8.85 i Oils 9.25 900 40 %c 41c 1.000 30c 7,400 47c • 1.50 6.90 53c 50 %c 55c 1.40 1.40 1.40 100 9c 9c 10c 3,000 9c 35c 44c 47,700 23c 2.50 2.50 400 25,100 — -1 - — • ■ 35c 0 ^ __ 1 84c 1.25 1.65 64c Altex 1.52 Sep Anglo-Canadian Antone * Oil Petroleums Co Ltd Ltd 1 Bailey Selburn Oils & Gas class Calgary & Edmonton Corp Calvan Petroleums Ltd Southern For 1 1 nage 41 5.25 29c 5.25 29c 30c 2,100 5.35 450 32c 4,950 4.15 3.75 3.80 10% __ * • Oils footnotes see A * Canada Oils Lands Ltd Canada • 29c 10% 1.00 Oct 18c Aug 3.30 Mar Mar 1.68 Sep 4.10 10% Sep 87c Sep 3.85 Mar 4.25 3.25 10c _ 89c 500 85c Oct 70c 1,800 65c Oct 79c 94c 22,700 5yc Sep 1.65 Jan 46c 46c 500 35 %c Sep 1.10 Jan 79c _1 — 1.70 May Sep Week's Jan Par Abitibi & Power Paper 25% -20 14% 14% 25% 26 u 6 6V2 150 18 270 Consolidated Alberta Distillers common Voting trust — 65 7% Mar Feb 18% Mar Feb 48c Oct 27c Feb 10 Sep 8% May 80c Oct Jun 1.65 Mar 95c 90c 95c 4,300 Sep 1.35 1.20 1.39 25,500 1.09 Sep 2.80 3.20 3.20 200 3.U5 Oct 3.85 Feb 1.45 1.50 500 1.45 Oct 2.25 Jan 1.45 Oct • — !> — - 1.50 1.00 10,800 75c Jan Feb 1.45 1.45 2.25 Jan 34 32 y8 34 635 31 Oct 49% Jan 45% 44% 45% 3,295 41% Apr 53% 23% _ 23% 100 21% Apr 24 - _ 13c Feb Oct 95c * Steel Aluminium 11,500 9 13c 4,275 20c <> Gas Alberta Algdma 16c 15c 8% 6 16% 1.23 * Petroleums Albermont 13 %c -1 - — 26% 9 * Knife- Yellow Akaitcho Jan 17% ■J Agnew-Surpass common Ajax Petroleums 15% Aug 25 'A 18c * — High Apr 2,020 15c -1 - Oil LOW 6,595 12% 18 __ _ Acadia-Uranium Range Since Jan. 1 High » & Shares 14% common— $1.50 preferred _ _ Acadia-Atlantic common Gas for Week Low » Sales Range of Prices Sale Price • Ltd . Aluminum Co of Canada 5%% pfd-25 100 preferred 2nd Leuuc American 1st 4% 1.45 250 Jan 54c Jan 60c Jun 99c Aug 23c 21c 25c 43,000 16c Sep 40c Jan -1 _L 13% 13% 355 20 Apr — Arcan Area 3.40 3.70 14,050 2.26 8c 7 %c 9c 18,500 5%c 5.25 5.75 9,115 4.75 12% 13 685 31c 5,700 11c 12 %c 1 • 5.35 <> 1 Mines _1 — - 29c 12c ♦ Resources — 1 Preferred - 28c 1.00 1.00 100 26c 26c 500 -—-- _ - Avillabona 8 _ Mines. — Feb Jun 30c Jan 10c Feb 42c Aug Jan Oct 55c 12% 11% Aug 78 Oct 85 Jan 30c 38,000 57c 58,700 40c Oct 285 15 Oct c 9%c 40,200 14% class A__ Montreal Toronto of Barcelona Barnat Barvue Oct 27c Feb 2,060 12% Oct 23% Jan 26c Jun 22c 4,100 11c Feb 25c 410,930 7c Jun 25c Oct 7 %c 8,800 6c Sep lie Jun Apr 23c 14.659 10c Sep 61c 11c 13c 10,000 10 %c Oct 25c 4.15 4.15 100 4.00 Apr 12c 16'/8C 108,965 9 %c Oct 61c Apr 42c Feb 20c 11c 13c 15 %c 20c 12c Sep 3.25 3.80 7,240 2.95 Sep 5.80 1.92 2.00 2,960 1.76 Sep 3.00 July 34% 35% 616 31% Jan 35% Aug -10 Bata Co 38% 39 448 Oct 42 Mar 40% 40% 120 38 % Apr 45 Sep 1.80 Jan 2.50 2.50 75 1.12 1.08 1.25 6.275 1.85 2.00 9,315 55c Ltd 2.50 1 . 75c 220 1 - * Ltd Beaver Lodge 3,900 1.30 1.55 Apr Oct 4.20 Jan Sep 1.95 Feb Jan 1.63 Sep Sep * _ 45c 33c 52c 81,050 31c 19 %c 18 %c 22c 10,600 17c Sep Sep 49c Jan Oct _ 3 45 Jan Sep 49c Jan 6 Apr 8 Jan 31 50 23c 8.800 7 7% 575 1 80c 80c 88c 9,100 —25 38 37 38 15,956 1.29 1.06 1.30 1,349,490 60c Sep 18c 21c 8,900 15c Sep 31 1 Mines — 60c Sep *■ Telephone Rights Bellekeno _ — Mines _ . . _1 19c 1.10 May 19c 31 20c 7 A _ Uranium Bell 35 Sep 2.10 40 1.30 72c Gairdner 8 40 Wall Gompamj Inc. Street, New York 5, N. Y. — WHitehall 4-5335 66%c Mar 43c 4.40 22c 4.80 24c Oct Jah Canadian Affiliates Jan Oct 72c Jan 8.15 Jan 80c Jan 5.90 Jan Jan 6.60 Jan 5.10 Gairdner & Company Limited 2.40 6.00 Sep Oct Sep 12% Mar Gairdner, Son & Company Members: The Investment Dealers' Association of Canada Members: The Toronto Stock Exchange Investment Bankers Association Montreal Stock Exchange of America CANADIAN Jan 3.50 Sep Canadian Stock Exchange SECURITIES v,i • ":T : ><) Feb 14c * class _ 43c 26.200 Beattie-Duquesne — 1.401 1.55 40c Oct Jan 14c 19 %c Ltd Power 1.38 1.05 2.50 15c _ Petroleums Bros 1.38 38 $ Mining Mines Beatty Jan 10 s Uranium Bathurst 22,800 10 - — _ Mines Metals Baska Feb 6.50 Mar 1.93 Warrants Base Apr Apr 8c 3.40 Traction Mines Barymin Aug 18 %c _ Bank of Nova Scotia Bank Feb May 1 — Oil of 1.06 19 Oct Jan -_-l _ — Bailey Selburn Oil & Gas Bank 1.25 Sep 50C Bagamac Mines Banff Jan 11c 21c -1 - Jan Sep 15% 18c 1 _ 8.25 6%c 20c —1 . 21c 14% Aug 80c 14 a Ltd Mines _ A 5.70 July Oct 6%c 8 % %c 1 __ class Jun 15 14% -_1 . — Sep 44c 1 - — _ River _ 1 « Mines Fabric 50 15% _ Atlln-Ruffner Aumaque 370 83 9c 1.00 22c Apr Sep 16c 20 %c -10 B. - Steels Aumacho 12 82 52c class (1937) Mines 11% 83 1 Corp Hardware Atlas Yeliowknife Auto 72,500 22 % c 26c 12 - Metals Aubelle 4c 1.00 -100 — Armistice Atlas 10c 5,000 1 — Argus Corp common Athona 186,699 25c - . — — — 27 %c 5 %c '> — Corp Ashdown 12% . Porcupine Mines Ascot 5c . Sep 9.15 Mar 3.45 . . Anglo-Huronian Anglo Rouyn Mines Cons 104% July 21c Petroleums Aauarius 100'A May 9,100 4,900 m Anglo-Canadian Oil Ankeno 315 27 c 77c _ Lead Anacon Anchor 104 26c 74c _* . _ Oils class A_ Amurex 103 75c 1 _ Yeliowknife American 103% May 50c Liu Petruieunis American Nepheline Jan 13% 250 Feb 1.50 90c Exchange Last STOCKS Apr Sep 1,300 Jan Canadian Funds Sep Sep 1,500 May 85c Toronto Stock 5%c Feb 8.10 2.50 Jan 30c Jan 77c 24% 3.05 7.95 Jan 2.80 Sep Oct Feb 750 2.50 Jan 13 52c Sep Jun 4.80 Mar 895 7.6O Feb 83c Co Homestead Oils Ltd—__ Wilrich Petroleums Ltd Western i Ltd Jan 11c 85c * Stocks— Oils Sep 69%c Ltd Limited Oil 900 23c ' Oil Jan 25c 13.25 Sep 10,300 Grass Oil Trans Westbuvne Oct Jan Jan 6.00 41c Development Oils Ltd ——— Spring Coulee Oil Corp Oils 1.18 7-50 31c Ltd Western Oils Oils . Sep 1.99 -90c Quebec Oils Trl-Tor Sep Oct 3.50 Scurry United 3.40 20c — Ltd Oils Pan 1.20 45c ■ Feb 21c Aug 9,000 1 May 50c i0y2C Violamac Jan 8c 3.90 Aug 5,000 3'/8C Vinray Malartic Mines 33c 51,400 3,000 3c • Apr 3.75 5c 3c 1 Sep 59c 13c Mines Jan 8c Feb 58c __ 6 60 Hill Oct 65c May 2.00 3%c „ Ventures Ltd 8%c 500 1,000 95c 23c United Montauban Mines Jun 16,700 1 Corp Ltd Jan 12c 1 Ltd Oct 5c 1.84 1.00 1 Mines 11 %c 8%c Mining Corp 8teep Rock Iron Mines Ltd Cons Jan 3.05 12c Sudbury Contact Mines _______ 17c 70c __ 1 Steeloy 95c 28c 8%c „ Jan 1.03 May 2,000 2,000 13c __ • Mines Aug Jan 4.20 97c 10,000 2.50 g7C 1 60c 19 %c Aug 20c 5%c __ 1 Jun Oct Mar 1.32 3.60 __ _1 2.50 14c Feb 18c 19c 1 Ltd 9%c July 66c 25c * Ltd (1944) 1,300 Oct Feb 2.90 32c38V4c „ 1 74c 6%c Jan 36c 1.30 19c 32%c 1 1.25 57,700 1.83 90c Petroleums Ltd Apex 1.80 2.55 H Ltd Jan 1.30 1.62 6'/2c ' 14% 10c 1.72 1 Oct 10 1.80 __ 1 Uranium Gold 925 22c 1.14 __ 1.20 1 Sherritt-Gordon Mines Ltd— Standard Sep 8c __i Royran Gold Fields Ltd Gold Mar 41c 1 Quebec Smelting & Refining Ltd Quebec Yellowkhife Gold Mines Siscoe Jan 66c Oct ..1 ; Corp Gold 69% Aug 1 bid Mines Dome Rix-Athabasca 42c Sep Sep 4c 1 Chibougamau Red Crest Sep 23c 1 Copper Corp : Labrador Development Radiore 27c 51% 1,000 Jan 4,000 1 Dredging Goldfields Nickel 25c 2,000 1 1 — Quebec Quebec Sep 5c 1 1— Quebec Quebec Sep 12c 25c 1 Ltd— Prime East 3%c 9,000 « Mines Porcupine 3,000 1 Corp Mines Perchcourt 4c 13c 5c 50c Ltd Gold Jan 9%c Feb 25c „ Ltd Copper Cons 12c 23c Oils Uranium Orchan Oct 5%c 10 1 , Mines Opemiska 4,500 27c 10% 27c -1 .i Mines Ltd <1545 ) Aug 120 1 Ltd Mining Mines Jan 45c 18,800 _1 Mines Mines Nonnmetal Pato Mines Ltd Formaque Mines Ltd— New Larder 70c 1 Uranium Mines Sep Sep 53% __ Ltd LaBine New-Delhi 12c 18c 29%c29%c __ 1 Monpas Mines Ltd Nesbitt 15,500 76,500 1 Mining Corp Mines Jan 53% 5 Mining Corn of Canada Lid Mogador 47c 8c 4c 13c 1 —. Mclntyre-Porcupine Mines Ltd Merrill Oct 5,000 6c 1,005 Aug 12c 17 12c — 1 21% 725 6c 6c 0 Goldfields Ltd Marbenor 21c 1 Lingside Copper Mining Co__ Louvicourt 18c 1 Mar 18% 12c __ Oils 5,500 75c 21c 21c 22%c __ Keyboycon Mines Ltd 2%c 14c 10,000 20c 11% 6,000 20c 1 4,900 -- Okalta Acme 49c 6V2C 5%c Lavalie Feb 12% 2.25 18c Asbestos Mines Jun 13% 45c 6%c Lafayette 61c 12 1.90 4%c 18% Landover Jan 3.95 Jun 45c 6%c Gold 4.35 2.06 5V2C trust i,iu 5,600 50c a4.50 1.87 Apr 7c 9c Jan 1.85 46c \ 28c Jan Sep 1 Kerr-Addison 237/b Jun 1 voting Sep 14 3c 9c 3.70 1.65 a4.00 Jan May 50c 9c Oct • Pacific 1.64 May 3,000 Kayrand Ming Devi Co Ltd Mines 15c 12% 1 Ltd Oct 30c 20,600 3c 60c s> Jan 4c 5.15 3c Oct -_-l Oils Jan 70c „ 60c 3.50 2.40 Mar 15% __ 1 Yukon 1.63 6.70 3c 5.15 __ 3,500 Jan 15 __ 60c Jun 58c — Jan 60c Jan • Oil Ltd- British & Dominion New May 5 Ltd Mines Jan 8c 80c Friday Kenmayo Jardun Oct Feb 4.20 1.02 35c 4c 1 . Mines Mines 4.10 1.05 July 22% Mar 1 Co Mines Oct 48c 1,000 __ * Hollinger Cons Gold Mines Ltd—1 l8u Oct 15% 15 %c Mar 62c 1 Inspiration Mining & Dev Sep 79c a30c __ Metals Mines 6c 500 8c • Gunner Gold Mines Ltd Jun Sep a30c 8c — 54 %c Sep Sep 1.55 1.30 Jun 2oc 25c 500 1.52 Feb 1,500 9.600 Feb 10c 74%c Oct 39c 7.90 Ltd Jan 6%c 5.000 1.09 Graham-Bousquet Gold Mines Gui-Por 33c 1.75 July 38c Oct l%c 47c 4.40 • Lake Gold 55c 200 226,500 1.09 1 Probisher Limited God's 5,000 4.35 • _® Sep 8c 1.09 * Mines..- Oct 1.45 12c 7c 4.40 1 (1945 ^ 2,300 Jan 1.35 3,200 20c 1 Oil Corp Oils 9.40 Mar 4.40 Mar 1,500 33c Jet Sep 55c 8.00 Continental Oil Co 3uc — Jasper Apr Oct 50c 90c 1 * Pacalta Oils Co 30c 33c Feb New Oct 90c Feb 8c New Oct 1.05 4.25 28c 22c Feb Oct 1 _1 —— Nickel Palconbridge 3,000 5.95 Sep a4.00 * — 1.50 3c 15 V2 Ventures Ltd 4.50 Mar 50c 15 %' Gaspe Oil 46c Apr Sep 1.45 — • Petroleums Ltd Apr 1,200 7IV2C 54c Federated -1 _ Gateway Oils Ltd Home Oil Co Ltd— 23% 3.40 1,000 1.69 Jan 2.30 50c 4,000 80c 1 Mines Fontana Mines 4,400 1 Ltd Corp Oct 14 Apr High 200 1.90 —. Minerals & Low 4.65 50c Cordasun Oils Consolidated East Crest Oil Oils Range Since Jan. 1 High 4.65 1.90 Feb 84c Low Consolidated New Bristol 1 Mines East Sullivan Mines Ltd— Eastern 200 Oct 2,500 1 Duvex Oils & Minerals Jan 3'/2c 15 % " 1 Ltd- Jan 3c 15c a3c a3c 74c 74%c — 3'/2c 1 Ltd Asbestos 3%c 1,000 5,500 8,200 — Coulee — . — 1 Mining Co 19,250 3'/2c — 1 Mines 1-24 — 1 Zince He 9c — 1 — Arrow Rim 4.00 Mar 500 Ltd—. East 1.10 Oct 20,900 Golden Mines Jan 2.15 7.60 14c 9%C Explorations Donalda 4'/2c 9%c Mining Mines 7,000 Oct * • 1 Cortez Dominion Jan 7,000 Ltd —1 Consolidated Central Cadillac Mines-.1 Dome 9c 30c 57c Consolidated Candego Mines Cournor 15 %c Mar 4,000 3.35 Co Ltd Central Empire 80,500 Shares Explorers Ltd Leduc Oils Central Apr 52c 7.15 Chimo Gold Mines Consolidated Oct 60c 2.90 Mines Cons 7c Sep __ Chibougamau Explorers Ltd Cobalt Oct 53c Centremaque Gold Mines Cheskirk 7c 13c Mines Ltd—1 — ——1 Ltd Corp Mining & 6,500 2,000 — Smelting & — 1 Liu Asbestos Cassiar Oct 20c 15 1 Chibougamau Campbell Aug 20c 19? 15 1 Ltd — Ltd— Mining 90c Apr ——• Mines Mines Brunhurst Oct 9c 2,000 3bc 21c 2.86 6c 3c * vtc Mines Gold Gold Bouzan Apr 31c 18c 2.55 5c 3c 31c 19 %c 2.65 5Vic 1 Ltd Metals ~ . 1 Ltd— Mines Gold Rare lbc 20c "c 1.04 32c 11,0'uO ior Week * 9c 1 — Mines Ltd— Beiville Go.d Boreal 15c 35c Oct 45c 6,500 Range of Prices Par High Low 9c Mines Chibougamau Bonville — 20c 1 Aubelle Mines — 1 —1 Atlin-Ruffner & Iron Co Ltd Mines (B Ci Avillabona 57c 3 fc 57c Range Since Jan. 1 Shares High 50c 32c 20c "c _1 1 Corp of Prices Low Par Sales Last Sale Frice STOCKS for Week i Wire system to all offices . ' (■ Feb Jun Oct Jan Volume 178 Number 5267 The Commercial and Financial Chronicle ... (1603) CANADIAN RANGE Friday STOCKS Week's Last Par Belleterre Quebec » Gamma Bevcourt Bibis Mines Gold Yukon : Bidgood Kirkland Bobjo 1 Mines 1 ____ Mines High 3.00 800 18,200 40c 34%c 34c38%c 57,000 30c Sep Bordulac Sep Jan 1.00 Consolidated Consolidated Bakeries Consolidated Central Cadillac ioc 14c 13,300 7%c Oct 30c Jan 5%c 6c 8,500 5%c Sep 14c Jan 36c 32c 19c Jan 57c Mar 2%c Jan 1.08 40c 19c 1 41,300 - 18c Par Coniaurum Mines Consolidated Allehbee 5%c 1 __ Oct 72c Oil 22c 261,880 9c 10c 24,500 9c 9%c 7,066 7%c 3.50 3,565 3.00 Brazilian • 10 % 1014 10% 11,138 9% Brewis Red Bright <T 9c 9c 10c 11,000 9c Jan 100 ordinary Lake G) Preferred ; Brilund Mines Britalta _* common 1 Petroleums British _1 Oil American 6% 6% 6% 19% 19% 50 1.85 1.80 1.90 38,300 4.20 4.10 4.35 5,800 23 ___ Ltd __ * 18% 18% 18 Apr 4%% Electric 4pfd___100 preferred 5,880 8c 6% Oct 19 Mar 1.30 July 2% Sep 16% Sep Feb British Columbia Products-.—* Forest Consolidated British Columbia Packers British Columbia Power class A * com) (new * Jan Consolidated ' Empire Oil class A Broulan Bruck Matarrow 7 Sep Consolidated Class class Jun 10% Jan Consolidated 21% B Peak Mines Feb 81 Mar CoiJhoiiuaieii Brunsman Mines 95% Aug Consolidated West 5% 12% 130 18% 9,968 9,285 45c 55c 57,900 2.25 8,200 4.60 Apr 5% May 10% Aug 15% Mar 17% Oct 18 % Consumers Gas Brunston liy2 Conweai 11% 90 32c Sep 1.40 Jan 2.10 Sep 3.25 Feb 11% Oct Mar 19 Corby <H) Class Smelting Dist Ankerite Buffalo Canadian Cosmos Imperial Cournor Mining Buffalo Red Lake 12c Sep 45c 11c 9%c 11c 15,500 9%c Sep 21c Apr 15c Sep 93c May 14 Mar 23% Apr Crown Bulldog Yellow Bunker Feb Crown Zellcrbach 18c 20c 27,350 15 15 16 1.545 7c 7c 8c 7,000 Knife 1 * class • ___ Burns & Co class A Burrard 65%c 65%c __ * __ A * 500 16c 16c 3,500 47/Bc 4%c 1,000 35% 36 120 12%qi2%c 9,000 __ * Hill Burlington Steel Oct 4.50 6%c Oct Feb 8.50 Crestaurum Bousquet CaldWell Linen 1 2nd preferred __ 12%c ' Calxinan Flin 13c 50 %c Jan 16c Sep 4c Sep 34 Croinor Feb Calnorth Caivan Oils Cons Feb Davis . Gas & Campbell Red Canada Bread Class B Oct 12%c 34c Jan Oils Canada Cement Preferred D'Eldolia Delnite Gold 40 6% 7 200 67% Oct 8% Jan Detta 21c 30c 115,000 7%c Jan 45 %c Aug Distillers 14% __ 50 % 25c 14% 100 Feb Canada Iron Canada Jan ijuiut- Jan Oct 42 Jan Feb 25c 22 Mar 51 Foundry.— 14% Aug 15 10 10% 3,015 Sep 14% 21c 33,700 15c Jun 33c 1.10 1.23 14,010 99c Sep 25c32%c 5,300 20c Sep __ 7.50 4.15 3.95 4.65 9,130 3.25 3.25 2.85 3.35 49,400 2.25 7.75 7.50 8.00 2,715 3.00 3.00 3.00 600 „50 51 51 51 20 80 387 80 79 28 28 28% 205 8% 8% 25 Sep Jan Oct 7.00 2.90 Oct 47 Jun Mar 2.12 Canada Oil __ Del Mines Rio Mortgage ____ Mines 87 Feb Dominion Pen 29% May Dominion 7 10 Dominion May 11 11 300 2.50 2.85 2.90 3,900 57% 57 57% 82 8.15 7.15 8.25 9,267 10 July 2.40 Oct 12% Jan 5.05 Apr 1.80 1.85 900 49 Jan 5.35 1 .to 57% Sep Sep 12% Mar 3.00 Sep May 80 78 80 179 73 Apr 82 49 49% 300 46% Jan 50 Apr 24%c Oct 95c Feb 41c 3,300 4.70 5,450 13 13 13 10 Class __* 2.85 11 Sep Jun 6.50 Mar Canadian 30 800 20% 2,929 17 Apr 21 Aug 27 27 % 416 23% Jun 33 Jan 17% 17% 17% 320 15% Sep 19 Jun __20 Canadian Decalla Cellulose & common 17% 17% 18'/2 405 * 26 % 26% 27 % 640 25 Chemical 33 33 33 10 * 8% 8% 9% 2,850 67c ! Warrants 56c 70c 10,098 15%c 19c __ Dragon Devonian Canadian Fairbanks Canadian Food Petroleum • Dredge * * common Products 28 % Jan , 3.800 16% Sen 20% Mar 25 July 46 34% Aug Canadian East Malartic 5% preferred Oil Canadian & __100 Canadian Pipe Line Products Canadian Tire El El Sol 150 22 Jun 25 Mar 3.50 3.50 212 51 55 47 15 16 70 40c 40c 1.100 12% 670 99% 100% 100 12% 305 . 1.22 14,500 6,422 1.58 1.55 1.64 5,435 42% 42% 42% 5 * 17 15% 17 1,920 1.60 1.55 1.61 2,104 35 35 25 Canadian Wirebound * 46c 3.00 47 5 351/4c 12 97 Oct Jan Sep Oct Oct Sep Jan 1.02 21% 1.51 Jan Invest Central Central Leduc Central 1.33 Jan 15% Mar 101 Sep 14 1.20 27% Sep Oct Jun 2.30 Mar 45 19 3.30 35 Sep Mar Oct 93c 93c 98c 3,300 7.30 7.05 7.60 6,150 5.75 4.35 4.25 5.00 8,100 3.20 1.95 1.90 2.20 22,900 80c 80c 80c 1,000 71c Sep 16c 15%c 16c 10,000 15c Sep 93c Estella 1.40 Feb Fargo 1.32 Mar 30c 19%c * 1.21 1.51 Sep 2.10 Mar 11% 11% 100 1.16 1.25 20,500 .__* 50c 1.25 __ 1.16 1 5c 1 1 1 1.19 13,000 5%c 8,500 40c 39c 43 %c 52,800 60c 60c 74c 11,300 5c 1.14 1.40 199,116 3.20 3.25 520 1 9c 7c 9c 5,700 1 1.45 1.44 1.50 25,419 _* —: Cobalt Consolidated Mining Corp Cochenour Class Willans X * Cockshutt Farm Eauipinent • 90c 96c * common A \ __ 11% Coin Lake 1 9'/2c Coldstream Copper 1 31c Commonwealth Conduits Conger Life Lehigh Coniagas ____1 Petroleum National Confederation 1.00 12,000 15 15 50 15 15 % 150 11 % 12% 2,490 9 %c 10 30c %c. 4,300 32c 5,900 Mines 4%c 4%c 1,500 4.25 i 120 7 50 55 55 75 * 11 11 215 1.55 1.55 1,000 5 : tee 4.25 7 10 * : 1 ___ Tor footnotes 4%c __1 ; _r page 41. 835 Oct 15% Oct 48c Oct Feb 2.96 Jan 7.75 Mar 22% Mar 27% Apr 4.25 Jan 34 July 13% 133/4 14 97% 98% 12 12 12% 11% 11% 200 12% Jun 11% 12 3,934 10% Sep 16 % Jan 17 19 1,534 14 Sep 19 Oct 9 Apr 12 6,192 . 12% 145 96% 1,450 Anr 15% Jan Apr 100 Jun Sep 9 16 Ma* 9% May * 7% 7% 8 1,985 7% Sep 20 20 203/4 200 19% Jan 7% 73/4 8 480 7% 140 140 20 136 % 2.00 2.00 50 50c 60c 62,800 17% 2.00 50C , 17% 100 Sep 20% Feb Oct 11 Jan 2.00 Oct 45c Sen 15 Jan 141 % Jun 5.00 Feb 94c Mav 17% Oct __1 38c 37c 43c 17,100 30c Sep 96c Jan 32c 32c 36c 100,850 25c Oct 58c Feb 82c 410,620 21c Sep 82c Oct 1.88 21,700 Sep 3.15 Feb Sep 1.65 Jan Oct 6.80 Jan Jan 2.45 Mar 45c 78c __1 1.56 1.64 1 1.09 90c 1.10 1 . 4.50 4.30 4.50 1,950 1 1.50 1.28 1.55 392,800 _ ___ _ 47,705 1.45 70c 4.101 45c 5 6 1,400 4% 24% 243/4 50 24% 22 22% 95 21 6 ___ Trust 10 22% -2() 1 38c 37c 41c 14,800 7c 6%,C 7c 1,500 9c 6%c 9c 4,000 37c 47c 23,600 21 22 96 17% 20% 20% 80 15 % 27c 32c 46,900 24,366 Oct 6c 39c Sep Mar 37c __1 _1 ___ a _ _ -.10 . 25 ____ — — ' 30c i Oct Sep 5c Jan 22c Aug 8% Apr 27% Mar 23% Feb 78c Mar 15c Feb 16c May 65c Mar Jan , 26c 73c 73c 79C 30c 30c 30c 4,100 143/4 16 6,895 22 Jan 21 Sep , 20c 15% 1 95c 9% 1.04 5c Sep Sep 23c 53c Feb 13 — Jan 15c Feb Jan 83c 48c Sep Oct Sep 1.00 Feb 1.40 Jan Jan Sep 14 %c Jan Sep 2.40 Apr Sep 1.50 1.55 Jan 18 % Jan 19 Jan Oct 16% Mar 1-55 1.99 22,034 19 25 193/4 v 25 18 Sep 19% Sep 1 1.20 670 15 50 24 Ltd 1 7%c 7c 8c • 4.00 3.95 4.55 10,375 62c 57c 70c 307,450 22C 10,900 _ _ — Mines • ; Ford Motor 20c 20c a common class Jan Jan 23% Jan 21% July 25 Jan 3.25 May Mar 19% Oct Jan 27 Oct 11,500 Jan 5c 3.101 13c Jan 18c Sep 7.50 Mar Sep 49c 1.54 Sep 38c -- 8% 100 Aug 9% 1.10 6,120 80c Sep 2.25 62% • 65% 2,253 59 Apr 8% Apr Aug 83/4 ",99c _ • A 65 a B Ltd 64 * • common 4.95 Warrants convertible 4% debentures 1 12c 125 14% 50 4.95 a common 64 12c 64 _ Gold Cos 14% 5.20 16,879 75C _ Francoeur Gas Exploration Exploration Ga+tneau 5% Power 90c 4,730 95 96 380 22c 96 _ _ Alberta ot 1 . • __ 22c 1,700 65c 100 preferred • ___ 3 1023/4 ■ 1,455 1023/4 75 Apr Feb 64 Sep Jun 6c 13% July 68 Mar 70 Jun Oct 12c 50c Jan Sep 9.20 Feb Sep 4.10 18 2.20 Feb 94 Sep 16c Sep 120 May 50c Sep 20% May 100 Feb 60c Apr 1.80 Jan 22% Mar 106 6.00 July Jan 5%c 200 35% 36 230 5.10 5.60 900 4.95 5.25 1,450 4.40 Sep 7.50 Jan 163/4 163/4 235 15% Sep 17% Apr 5%c - - ___1 common 15,600 21 102% • 77c 203/4 65c __ common. Oct Oct A General __ Steel Preferred Geneva Giant Jan _ Wares 5.10 1 5.00 _ _ _ common Glenora Gold Lake _ * _ --100 _ Lake ___1 . Yellowknife Gold ___' Mines 1 _ _ 100 101 Vs 32,000 9.00 6.334 33/8C 3%c 7,700 94c 98c 8%c 8.50 8c 25 7%c 100 8.50 1 • Gold Goldale Mines 4.90l 31 Jan July Oct 4.75 45 8.50 May Jan 1.02 136,250 Jan ll%c Jan Oct 11% Jan May 7c 7.90 1 2%c 104 Jun 99 Jan 66c Jan 17c Mar Golden 74c Mar Goldfields 11c Mar 7%c May 1.30 Mar Jan 18c - Manitou _ 1 X Uranium • Porcupine __ _ 18c 18,200 16c 4,000 6c Sep Sep 53c May 46c Mar 15c Apr 1.71 1.71 1.80 5,010 1.50 Sep 3.75 51c 50c 53c 3,800 45c Oct 2.00 Feb 3%c 1,000 3%c Feb 9c Feb 12c Feb • _ 13,500 18c 73/4C 3%c __ Jan Feb Jun Mines 17c 26c X Eagle 24c : 28 %c 73/ac —I Goldcrest Gold 4.83 Jan 12% Feb Good fish Mining 56 Sep Goodyear Tire Oct 19 Jan 1.41 1.86 — ___1 _ Petroleum 50% ,Jeb 11 1.88 Sep 52c Jan Oct Oct 7 95 Oct Jun Sep 13% 3.90 680 20% * Bakeries 15 4c 20 20% —20 Petroleum 4.40 Mar 9Vac 19% 20% 250 A_ Dynamics 5.05 30c 19% 1 _ class General Jan 9% « Ltd_ General Sep 85c __ « General Oct 3.00 1.25 __ — 1.95 Mar 11% 72c 5c ___ Iron Goldhawk Yellowknife Colomac 11c 30 Manufacturing God's Cochrane-Dunlop 31,000 1,850 _ i ___ Fleet Class Gold Jan Aug Charter Chimo Jan 3.75 427,100 _____. B warrants Fittings Jan 45c Mar Citra-Lartic 1.92 Oct 1 Kirkland Federated Feniinore 4.30 Sep Chromium Oct 90c ___. . Insur Grain Sep Sep Oct Ltd _ Preferred Frobisher 8c Explorers 1.11 1.15 16 % • _ - Oils Federal Jan 11c Mines Feb 200 18,300 71c Players 6.00 2,200 Chibougamau 52c 1.26 15 % Falconbridge Nickel Fraser 2,000 Chesterville Feb Jan 1.30 July 15% Corp 9.50 Mar 18c Mines Oct 19c 16% 1.80 140 Warrants 1.50 10c Chesklrk 20c Sep 4.25 Mines Ltd Sep 8c Wines 9,766 23c Jan Apr 70c 1,100 a __ Life Oct 18c Chemical Research 10c 12 4,000 Jan 1 Chateau-Gai 105 80c Mai July 1 Oils 16 3/8 Oct 18c 4.85 ... July 55c Chamberlain Oil : 1,000 Sep 4.60 common Mines Glacier Gaitwln Centremaque Gold 12c 8c 4.75 Oils 23 Sep 27% May 1 Porcupine 5,200 Sep 30% 17c 20 %c * common __ Famous Jun __1 Patricia Central 10c July 27% Mar • Fanny Farmer Jan • Oil 27 Feb Mar 45c * Feb 1.77 X Explorers 3,165 15c 50c 115 1.62 common—1 Mines Jun 4.00 32% • Ltd 30% Aug 29 % Life Class Corp Sep :May Jan Coal Chemical Nickel 62 Sep 1 Asbestos 8c 31c 108 Sep Sep • Gas__ Gold_ Emerald Jan Sep 22% 23% * Cassiar Sep 96c • Alines 31c 15c 22% __ 1.05 Williston Minerals Cariboo Gold 12% 16 %c Mar Feb 23% Canadian class A Oct 24% . Investment Equitable 55 1.10 * : Feb 10% July 10 % Jan 18,700 _1 Pen-Rey Jan Jun 23% _1 Corp common 5.45 Mar 57c 11,230 com__. Mines Steel Jan 45 1 Canadian Vickers 16% July 1.99 Eddy Paper class A 14 155 25 Railway Oct 98 Metals 86c 19,000 15 Gas Reserves. Pacific Feb June 1.00 273/4 Minerals Sullivan Federal Canadian Oct 9% 7c 10 75c 20C 1 & Rim Sep 57c * _; Jan 27c 20c 1.65 a & East Eastern Jun 49% * : Jun 8 Jan 27% ^ Malartic 8 49 a Locomotive 8 250 Jan 1.40 27% Dyno Mines 50c 50c 55 Canadian Oils Cos common 906 3,000 20c __ Oils Empire 49 —100 Canadian Sep Feb 30c Jan Jan 32 % 50c * common Preferred 20c .23.50 Oils Duvex Eureka Canadian Canadian Oct 35c _2 Mines. Eastern 29% 19% 27% * common Jan 3.50 110 12c 1.70 _1 common & Brewery Economic 30 20% • Celanese 34% Jan 1.26 Woollens Donaldu July 32% Sep * A' Mar 14 10 preferred Sep 50c 2.50 Steel & & textile Dominion Elder $1.75 Feb Jan 1.00 80c Stores Tar East 40c Canadian Jan 1.35 Jan 49% 4.10 common 14 40c 16% __ Preferred Feb 40c Car 80c 85c Jan 4.15 Canadian Jun Apr 30 25o Foundry Steel 22% * Commerce 1,500 Sep 8c 39c 30% 1 _ _ Scottish 54 2 of 10c . Dominion Oct Oils Breweries 1,704 7%c 41c 1,240 8c . _ Dominion Feb OIL. Bank 10% 10c • Jan iy> Admiral Canners Jan 2.58 Aug Feb Apr 26% _ (Western) Feb 50 Atlantic Canadian 9% 1 _ Bank Jan 72 Ltd - 3.50 3751 Canadian Canadian 93/4 10 3/8 Asbestos 51 440 Canadian Canadian 9% 12c Oils 10.50 * __. 1,500 8 3/4 _ Magnesium _50 Canadian Bakeries 23c 8%c Seagrams Preferred 19 % 1 common 780 9% 5 Minerals Dominion 50%, 1.80 Lines 1,180 a __. Jan 6.65 19 20 Preferred 500 16 _ _ Ltd___ 4.60 May 50 Warrants Canada SS 500 4.10 80c Dominion 50 Oils__ Southern 8,000 3.80 a com A Dominion 19% * Permanent Canada 9c 9c 66c 15% _____ Producers Dominion Dow Canada Oct 3.85 a Corp Jan 73c * * Lands Mar Jan —10 Power Jan 8c 85c Jun 18%c * Malting Canada Northern 20c 1 Dome Exploration • _ 33,132 20 %c new Mines 50 % __ 20 common 30c _ Preferred Canada Foils Sep 11c 22c 8c _ _ 17% 10 common __. 1,500 9c _ 7%c * ___ 22 5,895 Sep July _ class _ 100 l.ll _1 1 common preferred Oct 16 Mines Leather Davison 500 1 Lake 16c 110 13c _l Chibougamau Campbell 2,133 11c 39c 19 % 18%c 1 ■__• Oil Jun 66c • Patricia D'Aragon 10c 39% Mar 1 _ 50c 26 7%c Pershing 35c Jan 1 .___ ___ 27,760 Feb 1.05 * Flon Calmont Oils Oct 76,000 1 Ltd_ __ 19% ■ __ * Calgary & Edmonton Sep Feb 21c a Mines Devon-Leduc Calder 52c 40c 35 %c 17c Trust 25c 18c 1 — Jan Jan 9% Apr 16c __ ______ 24% 1.35 Mar 32,025 12 %C 13 %c 1 Mills 140 60,575 - Building Products July 22c 1 voting 20c 1 T 25% 12 %c a Crowshore Buffalo 38c ' B 4.50 1 & 4%c Oct 17c Petroleum__, Mines 16c __1 Gold 17c • I Exploration 4.50 __ 1 Mining 16c Jun. Feb 1.03 21c Oct 16'/2c Mining Brunswick Buffadison 85c _ 1 Ltd 79c • I S11 iiuurin Jan 2.17 . 1,000 1 Rochette 76 87 1 Ltd Mines Oils.. 20 46c s Brunhurst 10,025 38c Sep 7 3,641 75c 35 %c Oct 7c High 80c Jan 155 2.20 * 61c 67c Consolidated Nicholson Consolidated Orlac 80 1 A 2.25 Oct 26 %c 3,050 2.10 48c 1,040 55 58c Mining & Smelting 3.35 20% Mar 93 1 Mines Reef Mills 4%c 50 Feb Copper-Man British 245 4%c Howey 17% 18 8 _ 12% ' 7% 50 Guayana 18c 5% 5% 6,690 Consolidated East Crest OilConsolidated Golden Arrow Feb Jan 20c Sep 80 93 8%c 7% Discovery 92% __ __100 7%c 85c Consolidated Consolidated British Columbia 25,000 l 19c Jun 1 Traction 43c 1 Oils 11% Sep * 30c 2.18 Cordasun 5.25 Sep 3.20 Mine 2,020 35 %c Consolidated Consolidated gc 1 Bralorne Low 50c 31c • Range Since Jan. 1 Hign 48c 1 21 Shares 48c 1 Astoria for Week Low * Sales Range of Prices < 3.35 Boymar Week's Last Sale Price High 3.00 Oct 1 Gold Low 2.40 May 64c . Bonville STOCKS 45c __ 23 Range Since Jan. 1 60%c 1 : OCTOBER Friday Shares 2.75 __ MARKETS ENDED for Week of Prices Low 1 Beta WEEK Sales Range Sale Price FOR Jan 1.80 Aug Mines Goldora Preferred Gordon _ ___ 1 1 - common _ Mackay class. A _ a Jan 3,100 3c Jan 32 88% Jan 98% May 48 7% 3,000 4c 97% 48 70 47 Sep 49 73/4 7% 25 4c 4c ..50 a 3%c 5c 4c 97% 5c 97% i 7% Jun 10c 8% Apr May Jan 39 40 The Commercial and Financial (1604) Chronicle.,. Monday, October 26, 1953 CANADIAN MARKETS RANGE (Cont.) Toronto Stock Exchange e» STOCKS Sale Price Graham Paner Lakes Class A preferred —* —* v — Devel of Can Ltd Great Plains * *' West Coal class A Great Class B _________ 9 9 preferred Great West Felt Wire Greening 90 —______1 1 Freehold Gridoil Gulf * Lead — Gunnar Gold ——JJ0 Gurney Products preferred Gwillim Lake Gold Halliwell Gold Hartz A Massey-Harrls 2,500 30c Oct 40c Feb 491/3 — 6,007 105 5.10 7% 6'A 45% Feb 4.25 500 6.10 __ , Aug 7.10 Jan 10% 10% Mar Preferred July 200 4.00 Mar 4.95 Oct McMarmac Red 8.45 Jun McWatters 6.70 9.75 3.85 21 21 8c 9c 2'A Jan Feb 13% Jan 26 Oct 3%c Jan 20c 32 885 Apr 39 Feb Mar 2c Jan 7c Jan 100 2.90 Jun 5.00 Jan 75 13% Jun 19% 3%c 2,200 — 2.95 2.95 17 17 Head _—1 1 Red Lake Headway Gold Heath Heva Crest Oils Ltd__ Highland-Eell Oct 9 Jun Jan 20c July Milton 5c Sep 15c Jan 9% 22,500 11,900 108,600 11c 34,800 7 Jun 9'% Oct 12 %c May 29 %c Hinde 19 %c Jan 44c Sep —_— Gold Hosco Hudson Mindamar Feb 15% Feb 8.15 13 Jan Porcupine Hugh-Pam Hughes & pref Owens Co — —— Huron Oil & Refining Ltd — 1 4%c 4%c 2,500 19% 19% Jan 9c 93,100 295 8%c Feb Apr 20 1.50 500 Sep 36 Oct 41c 13,500 Sep 25% 25 Feb 30c Oct 4c 17 3,525 — — Oct 110 Jan Aug 4% Acceptance preferred preferred $2 preferred $1.50 3.40 Mar 65c _ class Drug Chem & National Steel May 25% Oct Negus Feb Nesbltt Jan New 10 I,315 12c 15c 9,000 10c Jun 27c Jaculet 35 31% Apr 35% Jun New 29% 6,783 27% Sep 36 Jan New 11'A July Oct 12% Mines .. 34% 28% Bidlamaoue Bristol 98 98 15 95 Feb 98 32% 33 230 30% Jun 36% Mar New 39 July New 9 Jan New — 10% . 600 37% 37% 38 8% 8% 8% 9% Jan 36 730 50 Sep 7% Jun Continental 40c Feb 15% Sep 80 Sep 87 New Hugh 37 Sep 46% Jan New Jason 30 Mar New 5 21'A 20% New Laguerre 8c 7%c 9%c 9%c 10c 9%c 10c 2,500 3.40 3.30 3,900 19,500 2,026 21 % 6,993 17% Sep 29% Mar 8%c 15,600 4c Jan 22c 9%c 1,500 8c Aug 12c Apr 8c Sep 24c Feb Sep 1,95 6c 6c 3.50 7%c 27c 25c 31c 28.600 9c 11c 2,600 7,100 Jun 20%c 4%c Larder Newlund New Feb New 30c Jan 9,500 Qc —9 21% 21 22% 3,782 4.085 13c 13,200 15c Sep 3.15 Mar — • Sep 17% July 13 %c Feb 6'Ac 18 %c Feb 2.25 Feb Sep 1.40 17 Sep Mar 6%c 1 56c 49c 56c 5,700 35c Kirkland-Hudson 1 66c 60c 74c 17,000 57c Kirkland 1 50c 45c 55c 25,625 10%c 10%c 15c 2.000 Jan 10c Lapa Oct Sep 1 8'Ac 8%c 10c 13.500 8'Ac Oct 1.28 1.27 1.35 7,900 1.00 Sep 9 18% 17% 18% 615 I 7.40 6.70 7.40 4,925 65c 75c 32,005 1 1 1 9 1 _1 — 1 . Acceptance class A Secord Laura Leitch 23 July 21% Aug 39c Jan 85c 1.53 Jun Jan 78'Ac Jan 18c Jan 35c Feb 18% July : Gold Long Island Petroleums Lomega Uranium — __ __ 1.51 20%c 16Vic 20c 10,500 20c 23c II,100 5.50 6.40 1,566 28c 28%c 1.51 2,500 1.60 I,100 20c 22%c 262.750 15c —r Sep New Superior New Macfie Nib MacMillan Mines & Bloedel class B Red Lake Gold Mines Madsen Magnet Consol Goldfields Malartic Manitoba Maralgo & Mines Marbenor Marcus Eastern Malartic Gold Marigold Oils Ltd For footnotes see page 41. 14c 7.200 123,100 1.20 62,233 8'/4C 52c 20c 9%c 61'Ac 73c 16,000 1.51 1.65 57,154 80c 94c 34,700 70c Jan 7 Feb 8% Mar Jun Jan 2.99 Sen 27% Oct Oct Jan Apr 23 Aug 29c Feb 4.65 Sep Oct 29c 52c 68c 50c Feb Feb Oct 1.50 Sep 2.92 May Sep Oct 1.33 Feb Sep 2.25 Jan Sep 1.30 1.51 Jan 1.63 Apr 1.29c 1,119,777 45c Sep 22'Ac 27c 31,900 18c Oct 2.85 3.25 15,647 35c 55c 10,017 24c 25c 2.000 22c 23c 13,275 27c 34c 64,166 10c 11%C 13,500 5.20 Sep 6c 6%c 9,506 20c 12,000 2.45 70c Jan Sep 3.30 Sep 55c Oct 12c Jan 48c Apr 20c Sep 55c Feb 10c Jan 82c Jan 7c July 20c Sep 25c Jan 25c Sep 1.50 15c Mar 3.45 Mar 51c July Jan Jan 23c Apr 7c 12c 22,000 7c 1.60 1.84 222,999 12% 17c 25C 20,516 17c Oct 9c 10 10 210 9 Feb 14 10% July 14 14 100 13 Mines Nor-Acme Noranda 10'Ac July 55,260 3%c Jan 24c 7 %c Feb 21'Ac 37,150 40c Sep 87c 39c Oct 79c Nordon of 5%C 97,000 8%C 7,500 34C 79,691 14c & Oct 12'Ac Jan Jun 1.09 Jan 9c 7%c 10c 49,500 7c Sep 17%c Jan 12'Ac 12c 14c 18,200 6c Jan 16%c Sep __ 50c 52c 3,400 46c Oct 1.00 Feb 40 40 40 25 42% 41% 42'% 280 22c 24.900 33c 30c 35c 10.200 14c 10%c 14c 5,450 9%c 10c 2,000 1.70 1.35 1.75 18,756 62c 60c 63c 3,550 13%c 13'Ac 16c 14,300 38c II,574 35c 35c 1 1.45 1.37 9 16% 16% 16 % 1.60» 13.820 36 Apr 37% Feb 3%c 8c 25c 10 %c 7c 1.35 55c Jan 2.59 5,616 14c 17,000 8c 7c 9'Ac 6,500 3%c Jan 1.50 1.60 1,180 1.40 Sep 4,000 9'Ac Oct Ltd Mining 1,000 65c 62% 12c 1,000 8c 24,000 4c 13c 14c 7,050 lie 2.50 2.60 4,245 2.42 Sep 13'Ac 16'Ac 7,000 8c 2.05 2.12 4,100 1.70 8c 12c 45,750 16c 18c 23,500 6% 6 %4 6% 75 29c 29c 35c 4.600 48c 1 _ 48c 55'Ac 1,500 • 46 July 46'A July 11 %c Oil Olcalta • Oils O'Leary Malartic • _ Omnitrans Exploration Ontario Jockey Club Ontario Pyrites Co Ltd Ontario Steel * 30c Mar Sep Opemiska Copper Mines Jan Orange Crush 15c Mar Oct 27c 1.25 15% 1.35 Sep Orenada common Oct Jun Jan 40c Mar 90c Jan 2.95 1.60 1.80 4.600 8'Ac 8%C 9c 3,000 1.36 1.54 8,550 3c 4c 6.200 1 12c 9%c 13c 25.025 1 27c 23 %c 31c 275,700 1 9c 9c 9%c 7,200 50c 48c 57c 9,100 7c 1.34 2c 4'Ac Jun Jan Feb 20'A Jan Oct Jan Jan 9%c July 9c 40'Ac Mar Sep 2.25 Feb 7'Ac Feb 17c 5,000 1.91 2.15 9,300 17c 21c 6,000 3'Ac 4C 2.00 2.10 2,100 1.10 1.24 37,720 ,20 Sep 9 Aug 63c Mar 6% 22c 48c Apr Jan 1.15 Oct 3,100 6% 5c Jun Jan 10c Feb 80c , Apr 1.05 May Sep 9 Sep 13'Ac Feb 1.15 Feb Oct 56c Sep 4 %c Jan 17c Feb 5c Sep lie Jan 1.50 3.45 Sep Jan Feb 29c Mar 3'Ac Sep 9c Feb 1.95 Sep Sep 2.20 15c 96c 2.95 Mar Jan 20 5 1.34 18.400 3.60 3.75 825 4.75 Jun 6'Ac 6'Ac 6 %c 500 6c Mar 15c Jan 1 44c 44c 53c 9,000 35c Sep 77c Jan 65C 65c 65c 100 50c 8.80 8.60 9.70 7,130 • 67% 67 68% 186 64' 75c 80c 2,600 68c 40'AC 38c 50c 40.400 30c 30,500 3%C Jan a Gold _ _ _ - 20 21% Aug 17% May 94c 3.00 1.99 Sep Jan Feb ' 1 Pacific Coyle Navig Pacific Petroleum Page Hershev __ Tubes Pamour Porcupine Pan Western Oil _ _ _ ' * _ _ __ _ 10c 6.75 65c Jan Oct Sep 73% t 13% Mar Jun 1.11 Oct Jun 7c 7c 8c 13c 1 Mar Parbec Mines Parker 10c 14c 4.75 4.75 656 4.60 Oct 9'Ac 8'Ac 9'Ac 36.500 4'Ac Jan * Drilling _ Partanen Malartic Pathfinder Petroleums Ltd 42c Sep Paymaster 15c Sep Apr Peace River 1.05 215,900 8c 1.12 30c * 54c Aug i Jan Mar 22c Apr 29c Jun July 19%c Apr 1.95 18c 5'Ac 1.25 < _ Paramaque Mines 1.65 1 6c 8C 18c 6'Ac Jan 1.21 _ .__ 2.05 May 1.14 17,675 Mar 22c Jan 25c Oct 5,000 75c • _• 41c Sep 8% 6%c 64c • Sep Oct 200 8% 6%c Feb Jan 3.05 May Sep July 63c 74'Ac 13c Selections 37c Oct 50c 65c 66c 4.25 Sep 7c 52,850 18c 1 Feb 29c Jan 16c * Ltd Gold 22c Oct 11c 16C Ltd Jan 30,600 8,500 Jan Mar Jan 5%c Feb 78% Feb 17c 4'Ac 5c Ltd 1.05 Juiy 8 %c 14 %c ; 2.35 Mar 36c Sep 2.55 ; Jan Sep 13'Ac Aug Sen 1,103 (1940) Mines 4.10 16C 80c 17c _ _ Sep Jan 64% 1.95 Lake 8c 12c __ ♦ Mines 1.90 9 %C _. Mines 12'Ac Sep 63 % • Oils Wood Obaska Feb lie _____ Northern Canada Mines Nudulama Jan 31c 2.25 • Jan 35c 2.27 12 %c Feb Sep 4,960 1 Feb 11c 10c 31,600 _ Mines 14c Sep 18c —1 Sep 12%c Sep 1,135 1 ; May 35 c Oct 12c 15'Ac Ogama-Rockland 5c 16c . Feb May 8c 15 %c 1 Canadian Mines 4c 5%c Sep 72c _ O'Brien 60c 17c Apr ( 9%c Feb Apr 18c _ _ Mining Nubar 5c 23c 30c 4'Ac 9'Ac 10%c Mines Northland 2,500 64 __ Oil 203,550 1 Canada _ Noflartic Norpax 40c 4%C 1 _ Corp Norgold 30c 4%C 1 __ Gold Feb 7,700 3.833 Feb Jan 66,600 •. 14'A 3,200 5c 40c 58c 33c Ltd Jun 71c 4'Ac 2.95 Jan 21c Mines Oakville 5c c 7c 13 %c 9%c Feb 10 __ Apr Oct j Feb 80c 1.60 Trinity 39c Oct Jun 5%c 1 i Feb 16'Ac Oct 46c Oil 3%c 9 5c 15c 1.71 . Star Jan 5%c 9 10c 16c Mines North 8.65 66c • 28'Ac 5'Ac Gold 3,500 1 Gold 1.60 24'A 25% 14c 6'Ac Yellowknife Nipissing Inca 5,500 1 Mines MacLeod-Cockshutt 27% 2.05 1 North 8c 1 Explorations Mackeno Jan 7% 9c 19 %c Feb 4%c 1 Mines 26 1.61 7c Oils Feb 7c 1 Mines MacDonald May ,16c Osisko Lake Mines Macassa 14 10c Thurbois 51c 4%c 1 1 30 Oct —1 __ 54c Sep 18c 7c • Mines Yellowknife 340 1 Senator North __ 1 Goldfields Louvicourt 2,500 26 10% 52c t( Ryan Lake Mines New North Denison 1.80 • A 1.95 26% — Petroleum Feb 11 5%c — class 1.80 25% Oil Apr Sep Sep 1 Lac Groceterias Class B Lorado 20c 65c 9 Long Lobiaw 6.10 Jun Feb 1 Gold Lexindin 17 2.10 — 1 Lencourt Gold 400 May 25c > Pacalta Richfield North 68c 1 Gold Little _• 3 Mines Lavalie 1 1 Mines Laurentide Lftnx May Sep 20c Cadillac 125 7% Jan 84c _] -r __ Normetal Lapaska 27% 9% 13% Sep 1.18 Ltd Lac Mines Norzone New New Nisto 45c —1 Mines 27 7% Jun Jun 25C 18c Mylamaque Explor Mines 4lc 7c 18% Oils & 1,665 7% 11 1 Morrison Sep 6%c 9 Mines 11 1 Marlon Gold July 7c 11c Luz 15,200 10% ' 330 37c 21c Newnorth Gold 1.19 18% Landover 960 12 35c 82c • Mosher Long Feb 3,800 18% Lu 9% 11% Jan 10,200 1 Lake Wasa Mining Jan Jan 1 New 40c 25c 2,500 — 77c Sep 1 , New 55c 1.70 25c 26%c 3.75 Sep Sep 1.50 11,200 — Jan Sep 26c 1.20 Mines Jan 21 %c 25c 1.73 Mines 8% 5,000 25c Mines 22c 1.50 8%c Shore 39c 1.10 - U 6%c 21 %c 7c Lingman 30c • Apr 1 Osu Apr 9 3.10 Malartic 16c 9 1.60 Lake 27% Oct Oct 3'Ac 1 Gold Jan 1 9 1.70 Lake 5% Jan Jun • Mines 22% Feb 1.35 Mar 15% ; 38c Mines Kelore 18% 1 Dufault 100 36,950 Feb 250 1 Lake 1,164 6 iio • 9.270 Gold Lake 24 6 Oct Sep Jan 99 83 Labrador Mining & Exploration 23 35c 13 24,333 Higliridge 34% Apr 20% (John) Ltd 140 1,931,880 New Jun 94 99 Oils Labatt 3,000 1.60 Jun 27 10 99 38% Kroy Oils Ltd 42c 13% 64c Fortune Mines 20 Klondike-Keno 37c 13% 26 1 210 30 — 5.10 18 38% Townsite 56c 2.05 Goldvue 225 Kenwell Kirkland Jan 40c 1.35 New 37,250 18 31 % 82% Lake 5,800 1.70 New 2.29 17% — Mines 45c 1.45 Oct 1.85 18 Kenville Keymet Jan 43c 50c 20% Mines Jan 14% 1.95 Feb 2.05 New Keynoycon 4.55 Oct 26 1 38% Kerr-Addison Sep 1.64 Petroleum Devon —9 — Apr 2.10 1.92 • Oil Delhi Dickenson 9 Kelvinator 19c Jan 25 • Mining Kayrand Jan 1.90 Mar Sep 9.85 7% Mines.. Ltd 62c 20 Mar 7c Oct Feb 1,570 v Development Jupiter Oils Ltd Sep 1 1 Calumet 1 Mines Jonsmith Oct 3,300 10'A 1 Oil- Dominion Concord Joliet-Quebec 20c 1,600 41,200 * Oils British New — 22,200 1.85 9'Ac 10 %c New Gold 38c 2.40 __ 1 New 10% 1 Ltd Oils Sep 11'Ac New Jet Joburke 11c 10% 10 . Uranium Jun (1939) Aug 10 __ _ Labine 1 Mines Jellicoe 35c Aug 32,100 1.85 m-rn. Alger 36% Mar Mines 25c 17c 7'Ac 30c * _ 24% Oil Jasper 15c 23 % 250 __ ____ Sep 100 100 Jack Waite Mining 34c 2.35 5 Car Jan Line Sep Sep Jan 780 7.15 —___1 Pipe 8% 37C * 28 Gold July 13% * Petroleum Trust New Jacknife 3.75 2.00 22c 10 20 9 Interprovincial Jan 5% • 23 Petroleum 2.50 90c 2,400 • 125 Nickel Co common International International July Oct Jan 8% 5 ... __ Hosiery class B National 125 common _ 1 International 6.00 8 _ __ 855 A 12c Sep 5'A -- 24% preferred Milling preferred Sep 3.25 3.00 Mar * National 1 Metals International 5%c GOO 6,775 _ 31% International Metals 3,000 2.40 • 23% Mining 8c 4.25 Jan May G8.218 8c Warrants Inspiration 16c 37,206 29c • 30% International Bronze Powders pfd Jan 5% 15c — common Mar 58 123 10% 0 6%c 31c _1 - — 23% — 7,000 69 40%C Aug 43 %C 30% 2 Ingersoll Machine classs A May Mar 3.25 _ Preferred 7.50 28% —____100 ——30 $5.00 3lc Sep 30c 2.40 0 • common Sep 51% 8% 0 ___25 preferred Jan Jun . 4.70 __ Corp National 123 35 Imperial Tobacco of Canada ordinary_5 Industrial _ Preferred 7.20 — 10 9 ___ _ common Ltd New Imperial Bank Imperial Oil 96 22 %c linm0- National Explorations Ltd National Grocers common — 1 Petroleums 27c 1.65 1.85 39% 40% 45c 47c 25% 25% lie 200 ♦ Montreal Locomotive 7.20 _100 & Erie common—___ Husky Hy-Charger — . 1.30 13.50 _______ Petroleums Ltd Montoco National 30 — 38'A Jan 30c Porcupine Naco Sep 22c Moneta Jan 48c Oct 40% Mining Bay May Oct 9 Smelting——9 •— 1 Hoyle Mining 30c 6.30 19% 1.30 - __ Morrison Brass 11% —1 4.25 • Jan 24% — 7%c - ♦ Feb 130 Paper common____—_* Oct Jan 5.00 Brick 65c 3,363 24'/2c 3,000 8'Ac 12'Ac 36C —. iiir City Petroleum 9%c 3,060 —1 18c 447 — Mlnda-Scotla Oct 25 7.50 18c 53% «... Oil Sep 12% — _ _ Moore 11 % _— ——; Howard Smith 25% c May 24% # Yellowknife Homer Sep 12 , 23% 84 12.525 — Mines.. 17c 500 35c 55 a 4 %c 28,700 35c Jan 8c 8,700 32c 6%c 245/s Oil Home 5c 25c Aug 9 -- Consol 10c ——8 Dauch & Hollinger 4%c 26c __ 8,720 Jan Sep 8 500 4%e ______.1 _________ 26 90% 55 ■ _ - Mid-Continent 6%c 1,500 * - 25 90% 325 __ _ Light & Power common- Preferred 16,000 ;—I Mines___ Gold High Jun 8%C 1 1 43,500 8'Ac 13 38c 1 27c 12'Ac 12'Ac 30c 35c 10c Jun 7%C Lake Uranium 8 31c 1 Lakes Iron of 13 __ Merrill Petroleum 15c 25c 26c -12'A.c 503 38c Meta 9c __ 1 __. 13 53% — Mills Mining Corp Gold Hasaga July 10% t 10%c 13%c 7% 7 0 Lake Red Exploration Mercury Mill 7% Apr 82c Oct Aug 2%c 9c 5 Oct 7% ' Mentor Mexican — 7% 160 28c 31 %c Mar 21 15,700 34% Sep Jan 8c 170 — 5 — -—5 Gold 5,600 16,700 5 25% McDougall-Segur McKenzie Tic 14,572 13 common Mclntyre Porcurmie 6.10 8% _____ "l00 Jan 10c 7% 5 __ 5'A 3.25 4.40 High 10,400 Feb G Frui.tenac McCoU Low 38c 0 preferred (Lj Oct 33% 9 51 Jun McBrine Range Since Jan. 1 High 34c — 3.25 9.25 13%c .____ . 80,335 1 Sep Shares 7% Ltd Maxwell Prices 34c __—_____— 190 4.95 4.40 21 6% July 290 3.25 4.40 -- Jun 15 900 ^0 5.00 7% 6% 7% ——1 class Ji Jan — :——-—__~_9 Hibbert Mines (F Jun 61 %c — 17 Gold Harricana Harrison 1.45 July 9c —_ Carpets Harding Sep 17c 34% —1 —1 —— Bridge Hamilton 35c 8,610 * — Mines Hallnor 213,350 for Week ol Low * Ltd Oils Sales Range Par High 52c —I Alabastine Lime Gypsum Low Week's Last Sale Price Range Since Jau. 1 High 40c 30c 18% common Friday STOCKS Shares 17 'Ac 18 Ac 30c 30c 17 /« 18 « 18c 9 Mines OCTOBER 23 Marwayne 43c Mines Grandoro Great 1 * Bousquet Grandines ENDED for Week of Prices Low Par WEEK FOR Sales 1 _ Nat 83c People's Credit 37c Gas Sec I 4 Jan 21% 83c 1,200 50c Sep 35c 45c 15.022 35c Oct 6.50 __ Consol 155,700 4c 7.15 2,200 21'A 21'A 100 5.0C Sep 20 Jan 6% 11c Jan Jun 1.65 Aug 58c 8.75 .26 Jan Apr Sep ' Volume 178 Number 5267 The Commercial and Financial Chronicle ... (1605) CANADIAN MARKETS RANGE Week's STOCKS Range Last Sale Price ' ' ' J Perron Gold Pershcourt Peruvian Photo ' Oils & & Mineral Crow Pioneer 36c __ _ 2,200 Oct 30c 92c 28,900 27 %c Sep Sep 83c Jun 32% Mar 31 31 25 1 _ 1.59 125 1.56 Sep 2.15 Feb 22c 23c 27,300 27 28 3,480 1.40 1.30 1.40 8,500 Petroleum Oils 1 Prairie • Premier — Royalties East _ Quebec Copper Corp Labrador Nickel Corp Gold Qupmont Radio re Uranium Reef __ - Little) warrants 6,500 1,900 40c Steel Jan 3.40 Aug 4.80 May 27c Feb 1.55 Jan 21c 9.00 May 1.54 May 80c Sep 20c Sep 41c 34,167 1,924 8% 140 56c 60c 53,700 32c 45c 48c 1,000 40c 48c — Jan — Jun Industries 1.10 12c 14 %c 32,710 83c 5,500 10c Mining Sep Corp 95c 900 80c Oct 1.17 Aug 65c 14,785 55c Sep 1.15 Apr Oct 3.40 Feb 4,500 1.47 1.60 62,000 17 17 150 & W'_ 5,100 20,630 2.60 Sep 4.85 Mar 780 10% Jun 12% Aug 57 57 51 July 7.25 6.90 7.50 1,980 70c 54c 70c 18,600 33,100 10% 10% 100 8%c Sep 4c Aug 1.35 ' 16% Sep 3.25 11c Apr Canada Breweries 70c 85c 13 13% 950 1.02 1.18 4,350 5%c 4%c 5%c 5,500 4c 15V2 15% 15% 4,841 8% 8% 1,220 17 Sep (Geo) 10% Jun 12% 10c 11,500 8c Oct 22c Feb 17c 18 %c 1,616 16c Sep 35c Feb %c 2,000 2%c 4c 4.500 2c 16c 18c 7,600 14c 9c 10 %c 7,300 5c 882 13 % 314 17c 11,000 3c 4,100 %c 32 12 Oct Oct 8c Sep 35c Sep 20c Jan Aug 36 Sep Jan Apr July 24 2.25 2.47 9,325 1.37 Jan 9.40 10 5,433 9.40 43% 48% 483/8 2,075 42 Jan 3,000 27c Sep 67c 4,300 5c Jan 17c 26c Feb 30% Apr 20% 20c 21 17 723 23c 20c 7,700 Jan 20 Jun 13c Sep Aug Mar Apr 24 Feb 42 %c Jan 17 328 14% May 28 100 28 Feb 34 % Aug Aug 34 % 25 33 Jan 34'/8 Oct 81c93%c 82c 36,600 56c 17 Sep 1.66 5.50 5.25 5.60 3,340 4.25 Sep 6.85 Jan 1.15 1.10 1.34 7,000 1.01 Oct 4.35 Jan 32 31% 32% 358 26% Jan 34 96 97 295 91% Feb 98% Aug 45c 54 %c 31,400 35c Sep 1.14 6%c Oct 12 %c Feb 17c May 14c Mar • 96 1 45c 7c 8,640 43.500 1 8c 7c 8c 9,500 7c Oct • 7 6% 7 6,917 5% Apr 96 96 96 105 8c 8c 9c 1,500 6 6 210 1.74 1.88 II,569 25c 26c 7,500 12c 31,100 Winnipeg Central Gas Winnipeg Electric preferred Gold 100 - 1 — (Alexander) * Wright-Hargreaves • Yale __ 1 Zinc & Apr Jan 28 13c Canuck 3.25 12% 34 % __ 28 6%c Lead Feb Oil 1.85 1 Mines 9c __ 1 5%c Jan 96 Jan Aug Jan 7% Mar Oct 100% Jun 5c Jun 22c Aug 5% Feb 1.63 Sep 21c Sep 7c Sep 6% Jan 2.58 Feb Jan 47c 22%c Jan 6c 6c 500 1 1.25 1.23 1.37 28,400 l 17c 15c 18c 28,866 11c Oct 59c Jan ,_1 Mines 19c 18c 20c 44,100 14c July 49c Jan __ 5%c Oct 1.05 Sep 13c Mar 1.75 Jan 2.25 Mar 15%c Aug 34 34% 195 1.75 1.85 3,700 1.60 1 10c 10c 10c 1.99 1.98 2.04 2.925 1.35 1.29 1.59 33,150 1.00 Sep 2.82 • 1.65 1.65 1.76 4,250 1.35 Oct 2.80 * 38% 38% 38% 314 43% 43% 70 9c 15c 55,658 32 32% 330 Zenmac Metal Jan Shawinlgan Water & Power com Class, A preferred—-—— Yukenc Mines Jan Security Freehold Petroleums Ltd Ltd Oils Scurry 20% 7c Sep 15c 37% Mar Sep 34 1.79 Oct ,—• Petroleums Sapphire 7c __ Oct ll%c Yankee Jan 50 30c 32%c 30c Jan 7%c Oct Sep 7c Yellowknife Bear 17 7c 12%c Yellorex 3,500 8% I,100 Jan 24% Oct 1 32c 5,690 Jan Aug Sep 8% 1 5%c Feb 13c 15c 13% 10 100 Larder 17% Mar 10c Jan Winchester Sep 19 Sep 1.70 • ; Sep 17% 15 1 common 8c Jan 1.60 Feb Sep 2.33 10c Petroleums 2%c 2%c Sep 11 95c Wiltsey-Coghlan Wood Apr Jan 8%c » Ltd Preferred Winora 59 10% 7C Apr 7%c Mar May 80%c Sep " 20 Homestead Wilrich 51c Oct 40c __ 5 Western Grocers preferred Class A ; Weston Feb 5% Sep 50c 1.15 Jan * 35 71c 35 16c 13% • Windward Gold Mines 1 Sand River Gold 18c 3.25 12% • Leaseholds 47Ac 1.40 Feb 12 1 Consolidated Western 10 1 Mines G 9% Mar 31'A Aug * Tungsten 58c 100 1 Gold A Amulet Walker Jan Oct 17c • class — Western 4%c 12c Ltd Jan 32c 95c 1 Waite 7 2.99 • Manufacturing Violamac Oct Mar 7% • Western 60c 18% Ventures Feb 93c 25% Feb 1 Mines Mines Viceroy Jan 2.85 12 1 — 1.70 Mar 47/eC _* common Rol 17c Jun 17c • Upper Canada Van 548 2.00 3.10 • Mines Western Sep 1.50 13 625 __ 1.50 14c ' 5 31 1 Mar 13 8% • May * 9 8% 30% Ashley 33c 1 8% a% 30% Feb 26c • — Oils 8% Products 1.14 76c 34% 82,900 Western Jun Sep 34 % 29c 1 Jan 10 20%c 1 Sep 9'/2C 40,660 Wekusko 8c — 2.70 Westeel 10c 4c 2.51 28c Weedon Pyrites 1,100 — 2.65 Jan 27,000 I 37c Feb 17c 17 Sep 9 11c 1 15c 22 14c 1.50 2,000 Oct 11c __ 18c 8% Aug 15 99c — 16c Jan Oct 51,500 16% Feb 16%c 50 Oils 16C —1, Antonio United Sep 4.00 16 __ July 10c 37c 57c • Lawrence 65c 8% 16'A — Royalite Oil San 13c 4.20 _ warrants Rupununi Gold St 12c 88c 1 Bank Ryanor 32,450 1.04 Jan Jan Jun 2.85 Montauban Vicour Mines 1.08 Feb 99c * United Fuel A preferred United Keno Hill United 1.05 1 Silver Russell 1.65 4.00 ... Lac Roxana Oii» Rundle Jan %c . Consolidated Royal 1.40 Mar 12c a common Long Roy 24,550 1.01 1 — Rowan A 2.75 67c 1 Manufacturing preferred B 2.39 4.10 1 Roche Class 525 7c 46% Sep 1 B 12 % Mar 88c ...1 -- — ___ _ Rix-Athabasca Class 21c Oct 6,000 3,500 1 _ - 1 Sep 9% 5%c 10% 37,200 1 Oils Robinson 4c Oct 10 3.95 Jan Sep 30c __i class Mar 1 _ Robertson 1.65 1 Uranium Prado Rio 1,000 1.52 40 _50c Utilities Mac-Donald Rexspar 2.00 9%c 1 Uranium Regcourt 1.82 Corp __ 3.40 1 Mines Petroleum Reeves Sep — Red Poplar Gold Red water Sep 31% 9%C _ Inlet Ranwick 70c 707 3.90 1 . 25% Aug 20 2,600 * A Apr 1.55 18% 16,500 1.30 Mar 2,205 9%c • class United Asbestos 2.25 24 • 1 _ Sep Sep 75c 2.50 _ Mining Milk Rankin _ Mining Sep Sep 6.747 42c 9 Gas Union 42c 23% 37c 21% * Union Jan United * Indus.. 1.10 34c 76,800 1 High 22 • common — Jan 5c 1 __ _ Metallurgical Quebec Feb Low 70c 1 Union Acceptance Preferred Ramge Since Jan. High 51c 42c * _ 1.76 35% • ...1 Quebec 1.25 45 34% 1 Prospectors Airways Purdy Mica Mines Oct 23% — 1 Dome Oil Jun 1.14 71c 1 Preston Triad United • Border Queenston 1,500 1 _ Metals Quinte 300 45c Sep 27 34% __ Pressed Quebec 1.20 40c 16c 23% * Oil 1.20 45c "__1 Gold 20c 1.20 • River v» Shares Low 60c * * Jan 1.60 for Week • Petroleum Tungsten Corp Sep 27% — Trend 1.05 1 - • Oil Pipe Line Transcontinental Resources 1.60 —. Oils Jan 3,200 • Rouvn 30 Era Sep 1.65 1.30 1 Corp Trans Mountain 10'Ac 12,500 47c Development Powell Feb 12c 1.48 Oils Power Trans 36c 1,500 \§ales Range of Prices Par Feb 1.25 Ponder Powell 65c Week's Last High Oct 10 %c Placer Poplar 32 %c 1.15 Uranium Pontiac Friday Sale Price • Mines OCTOBER STOCKS Low 36c • — Gold Gold Pitch-Ore 32 %c t> ENDED Range Since Jan. 1 High 1.27 — 1 i Engravers Pickle —— —1 Gas Shares WEEK for Week Low 1 __ Goldfields Oil Petrol '' Par' FOR Sales of Prices Friday 3c 2,500 1.57 Sep 2.81 Mar Toronto Stock Exchange - Curb Section Canadian Funds Shawkey (1945) Miness .— Shea's Winnipeg Brewery class B Sherritt Gordon Sicks' - Breweries Voting trust 50 1 lie 32% w 1 Jun 43 Mar Mar 46 July 8c Jan 35c 28% Jan 34% Sep 43 4.70 4.35 4.85 36,937 24% 24% 525 20 Feb 25% July 23 23% 340 20 Jan 25 6.45 6.50 — 3.80 Aug Friday STOCKS Par 5.75 Jan Andian National July Anglo Miller Silver class 18c 6,800 15c Sep 73c 78c 44,480 50c July 10% * Valley 10% 173 — 8% 8% 8% 73 * Gold Sourls Oct 17c 75c A Ltd Siscoe 6.45 17c 1 Class B Simpsons 400 1 Mines Dairies Silverwood _1 7.75 Jan Asbestos 32c 13 12% 13% 1,125 1 49c 9% Jan 7% Mar 12% Aug 9% Sep 68c 49c 32,289 31c Oct 56c 3.600 45c July 26 26 558 Jan 11 17 42c Canadian Pulp & Paper Newfoundland Develop 4 Co 0 Oils Ltd Spooner Mines Stadacona Jan 22c 5,100 12c Sen 45c Jan 33c 6,500 30c Jan 47c Brown Stanwell Oil & Starratt 18'A 245 36'A 36'A 6 6 — Gas Ltd.. Bros Steel 95c 14'Ac 4 17% May 20% July 40 36 Jan 39 200 6 Sep 0 0 Mining 1.10 5,425 88c Sep 14'Ac 15 %c 95c 4,200 8c Aug 19 19'A 30 29% 30% 1,424 13c 10c 13c 75,500 — Canada of Steeloy ..1 -1 Gold Olsen 255 -1 6.60 6.50 6.70 18,780 1 22c 22c 29c 221,100 Mines 1 2.10 2.07 2.15 2,825 Sullivan (ordinary) • 15 14% 15 765 100 100 Cona Supertest Preferred Apr 7'A Jan 16% 1.85 34c Sweet Feb Jan 20% Mar 28 Sep 33 3%c Jan 15c 5.80 Sep 9.75 Aug Feb Switson 100 100% 30 13c 2.00 13 97% Feb Apr 87c Oils Ltd Industries Sylvanite 2.92 Jan Jan 16 Aug Jan 102 Ltd 16c 20c 151,101 6c Jan 20c Oct 35c 44c 210,300 30c Aug 90c Jan 1.65 1.65 700 1.55 Sep 2.05 Jun 1 1.15 1.25 6,075 1.10 Sep 2nd (Pearson) common 35% 35% 40 30% Jun 38% Mar 8% 8% 100 Jan 10 Oct 10% July — 5% preferred Teck-Hughes Gold Mines Theatre 10% 10% 100 1.85 2.00 4,220 505 4 Apr 12 15c Properties Silver Jan 15c 1,000 11c Jan 24c Canada & Dominion 22c 28c 22,050 16c Oct 51c Sugar 1 Elevators Toronto General Toronto Toronto Iron Works class A Mortgage Towagmac Traders Class — Trusts ; Exploration Finance class A 1.00 1.14 4,700 81c Jun 1.08 12 10% 1.80 Oct u Jan 1,650 49 49 49 80 6.55 — 5.70 1,005 7 Oct 46% Jun 5.50 Oct 9% Jan 27% Sep 12% Mar 49% May 6.75 Feb 16% 17 13% 13% 70 3 2.70 2.90 4,800 • 21% 22% 335 Canadian Industries Marconi Canadian Western Canadian Westinghouse — 105 16 Feb 13 July 2.20 Sep 21% Oct 18% Mar 15 Feb 4.10 Jan 25% Mar • 33% 33% 34 250 1 3.85 3.85 3.95 1,244 • 10% 10 10% 921 • common Lumber 62 60 62 125 55% Jun Alcohols 3.00 3.00 100 2.75 Sep 3.20 Mar Consolidated 38% 39 1,066 34% Apr 39'A Aug 18c 20%c 1,000 17c ♦ common Paper • — 38% 31% Oct 3.00 Jun 8% Jun 42 5.25 10% 72 Dalhousie Oil Dominion Dominion • Bridge Glass — • 72 70% 72 540 • 63 % 63 % 63 % 1,200 7% common 55% 53% Oct Oct 69 57 Mar Feb Jan Feb Feb 28c Feb 83%' Jan 66% International Paper Utilities Loblaw comomn 5 Inc Aug Minnesota & Ontario Paper 5 Pato 1 27% 3,852 27 612 24% Aug 29% Jan 36 115 27 Oct 38 Jan 27 __ 55% 26 27 27 6 27% 2,260 24 Feb 27% Jan 47% Jun 55% Mar Consolidated Pend Gold Dredging Oreille 3.55 1 * 4.40 Thrift • 22 200 4.50 1,045 32 32 280 28 Apr 15 Oct 32 Third Canadian Gen Inv 3.60 4.25 — • Price Bros 3.35 Aug 3.70 Sep 3.60 Oct 6.50 Jan 34 * 1.70 Jan 13% 13% 100 12 Jun 14 Yukon 31 25 28% Feb 31 Mar * 17% 17% 17% 75 15 % Apr 19% Aug 105 106 21 7%c 105% 7%c 3,200 • 28% 27% 28% 28% 28% 28 % 200 2.20 2.20 2.50 21,999 • 2,515 101 Apr 6%c Sep 26 Sep 26% Mar 1.51 Sep Consolidated 1 FOOTNOTES FOR • Feb 31 1 15 52%c 15 15 100 4.40 5.00 425 4.40 Oct 5.25 22 22% 150 13% Jan 22'A 51c 55c 8,700 50c Sep 69c 1 15 Oct 31 50 Ltd Co Stores 2.25 May —20 u B Trans Empire Oils 449 8% • Canadian a Toronto 25% 8% .* Collieries Canadian General Invest Mar 11 0 Mines 25 8% 5 Vinegars Canadian Apr 28c 1 Gold Torbrit 8 1.90 —10 Thompson-Lundinark Tombill 25% * _J. preferred Bulolo Gold Dredging Sangamo Taylor 7,600 7% Mar 1.46 Jan —* common 7"% S Jun 19c 38c • Gold Tamblyn 7% High 10 24% Jun Feb July 50c Grass 100° 7% Sep 21 July 7 Apr 24% Jun Jan —25c Surf Inlet 22 1 International Contact Sudbury 22 • Co common Commercial Stedman 50 Mar 18 4 class A Jun 22c — Brock 26 30c ♦ Preferred 1.15 Jan 30c . Stanley Jan Low 8 .Mar 22c 4 (1944) 20% Ronge Since Jan. 1 High 8 _ * Corp Canada Southam Shares Jan 1.15 Feb 56c ._1 Oil for Week Low * — Sales Range Sale Price Anglo Sigma Mines (Quebec) Silanco Mining Week's of Prices Last Feb 24% • certificates 36% 107 14c par Odd Feb OUT-OF-TOWN value. lot sale AND t (not Included In d Deferred in e delivery sale year's range). privileges. (not included rCash x price. sale delivered. wiWhen Issued. Selling ex-inter°st. f Flat wdWhen Ex-divMend. u fcx-righis. z Ex-stock May 4.00 Mar CANADIAN (not Included In year's range). MARKETS Ex-liquidating dividend. (Un) Admitted to unlisted trading year's range). July 30% Mar 30 No dividend. Oct Apr Oct July 41 42 The Commercial and Financial Chronicle... (1606) Monday, October 26, 1953 OVER-THE-COUNTER SECURITIES Quotations for Friday, October 23 Investing Companies Mutual Funds— Par Aberdeen Fund -25c Affiliated Fund Ihc American American Mutual 1.25 Business Bid Ask 97c 88c 4.81$ Obligations of Government Agencies Mutual Funds— Johnston 5.20 Fund (The) Par Bid Ask Figures after decimal point represent one 32nds of more or a point Mutual Inc 1 30.10 Bid 30.70 Federal X3.94 4.21 Inc—1 11.02 11.98 "A" Inc—1 9.50 10.27 B-2 "B" Inc__5 17.64 19.17 B-3 .(Low Axe-Houghton Stock Fund Inc-1 2.98 3.26 K-l (Income Stocks)—1 16.81 18.34 1 8 8% K-2 (Appreciation Pfd Stks)_l 25.79 28.14 2%s Feb. 1, Holdings Corp 1 Blue Ridge Mutual Fund Inc—1 2 2% S-l (Quality Common 32.98 35.98 2%s June 1, 9.36 10.17 S-2 (Income Com 1 17.86 19.49 • 20.95 22.53 S-3 (Appreciation Com Stks.l 14.68 22.68 24.52 S-4 (Low Ask Bid Federal Bank Land Bonds— 16.01 1 Ask Banks— Loan Home 1 Shares Fund Axe-Houghton Fund Axe-Houghton Fund Beneficial Corp Blair Bond Inv of Tr America Boston Fund Inc —— Bowling Green Fund Inc— Net Broad Street 10c Invest Bullock General Canadian Fund 5 Chemical 23.24 1 8.30 8.97 19.52 10.34 11.29 Priced 6.07 1 5.68 9.42 35.92 3.61 3.98 Equipment shares.lc Electrical Equipment shares_lc 3.02 3.33 4.36 4.80 shares—lc 3.00 3.31 Furnishings shares—lc 3.09 3.41 3.49 3.85 (Net Asset Value) Managed 20.67 General 7,250 134 Home 139 Fund Industries .1 6.63 7.21 lc 4.82 5.31 15.16 14.68 Petroleum lc 4.56 5.02 Xll.99 13.03 Steel 1 — Non-Ferrous value asset 12.75 Manhattan 28 % 9.66 9.76 35.66 36.02 15.59 17.14 5.05 5.53 Fund beneficial —1 6.98 7.65 Investment Fund..l 6.48 —25c 1.78 of 9.96 10.83 Howard— 2.36 14.18 Fundamental Futures 1 12.52 12.52 1 10.44 11.35 asset Inc value Mutual Trust Shares beneficial 1, 1958 99.14 2%s June 1, 1954 100.6 100.10 Wide Nation 8.66 Fund 1 Investors 15.13 16.24 1 Corp Balanced Series Bond 11.41 1 Income Certificates 2%s Feb. 15, June Speculative Series Stock — Series Stock Series 6.64 Natural Resources 6.81 Natural 2 18.65 20.44 1.68 I.83 18.49 19.99 59.03 63.47 5.52 6.00 7.03 7.71 Aviation shares ———lc 9.32 10.21 Building shares lc 8.48 100.29 Chemical lc 8.76 9.60 (The) Stock Fund_lc 8.46 lc 4.66 5.12 lc 5.06 Equip shares Food shares Fully administered bond General Dec. 1953 1. 15, 100.8 1954—.— of 3.97 4.35 Investing lc 2.62 2.87 1 England Fund preferred 17.52 18.94 5.65 6.15 5 8.38 7.64 24% 26 5 Scudder, Fund Stevens inc Scudder, Stevens Dated Due Common Stock Petroleum shares lc 6.43 7.05 lc 2.78 3.06 Equipment shares lc 4.02 4.42 shares lc 7.52 8.24 lc 6.69 7.34 stock shares Tobacco shares lc shares 5.11 4.65 lc 7.14 7.83 1 10.42 II.39 Inc—1 t Growth Companies Growth Industry Inc Shares 24.58 25.32 Guardian Mutual Fund Inc 1 11.47 11.82 Hudson Fund Inc 1 11.58 Foundation Fund Inc_10c Incorporated Investors Institutional Shares 1 14.10 Amer Shares _2% Shareholders Trust of Boston—1 12.98 14.03 25.36 27.42 7.76 8.50 Selected 14.10 1.84 2.01 10.01 Investors Street 1 Investment Corp Growth Institutional Bank Institutional Ins Fund_lc Fund—lc Fund Institutional Found Fund lc bl.90 1.50% 2.75% 9- 1-53 3- 2-53 12- 1-53 bl.90 1.50% 3.00% 7- 1-53 6- 1-53 12- 1-53 bl.90 1.50% 2.90% 8- 3-53 5- 2.30% 4- 1-53 1- 4-54 bl.95 1.70% Television-Electronics 94c 1.17 bl.00 Fund United 1953 bl.00 0.70% Dec. bl.05 0.80% Jan. 7. bl.10 3. Dec 10, 1953 Bank of Bank of New Bankers Bid York 38% 40% ——100 61.00 64.50 Chemical Bank 22.37 Continental 14.99 1 5.41 12.30 10 51 % 52% Trust—10 6 1 4.18 4.57 12.04 13.09 1 Inc Empire Trust 16 Y) 5.65 6.17 Federation Bank First National 21 % 23% 36% 38 % the of of N Y City 100 5.88 6.43 4.63 5.06 7.84 8.54 1 13.86 14.14 1 9.58 Ins 1 20.06 21.88 1 18.90 20.43 Irving Trust 1 4.11 4.44 Inc Wall Street Investing Corp Washington Mutual Investors Wellington Fund Whitehall Fund Wisconsin Investment Inc Co Unit Type Trusts— Square 10 (The) Bank E 9.32 10.65 Brook 1 2.10 2.40 Amer Trust Shares— New Ask Par 5 100 20 25 Bank 36 38 10 48 24 Merchant Fire Assurance 5 41% 4 10% 11 10 82% 86 % New Amsterdam Bankers & Shippers 10 53% 57% Union Casualty Co Crum & Forster Inc Employees Group 10 Assoc Employers Reinsurance 24 1 10 National 52 115 118 28 122 118 20 18% 277 , 25% & Arkansas Pow Beneficial Loan Bank.: National United 12% 42 44 Bank_20 71 73 Bank—20 National States St. Louis Amer 37 40 Bank—20 41% 44% 17 52% 55 % 27 30 25 48 % 51% Mutual Bank & Trust 25 60 63 St. 20 60% Nat'l Exchange Boatmen's National First National Bank Manufacturers Bank Mercantile Louis Trust Union & Trust_20 Co— Trust— 60 Trust 100 & S A—6.25 31 106 Pub Serv Co of N Hamp 4s_1983 64% 160 103 Grove Bank Bank & 1 180 64 87% Poto Tel 24 Commonwealth Edison 3%s_1983 103 % 103% 27% 29% 1973 102% 102% Duke 1983 105% 105% Tenn. Gas Trans 5s 1973 103% 104 1983 105% 105% Wise Pow & Lgt 4s 1983 105 105% 105% 7 8 54% 56% Indemnity Co Casualty Co 10 Phoenix Republic (NY) 24 25% St 39% 41% 5 56% 58% 16% 17% 351/3 Standard 46 % U Lgt 3%s 1983 104% 1968 104% 105% El Paso 1983 104% 105 New 4s—1983 103% 104% 92% 961/2 Household Finance 4%s Ind & Mich Elec 3%s 27% 29% Louisiana Pow Lgt 511% Pacific 33% 351/4 Philadelphia Electric 40 43 Potomac Electric 37/aS 34% 49 % Finance Tel 1977 3%s_1978 Chemical 37/aS 106 105% 103 103% 103% 103 7/a 1959 4s 100% 101 Vs Gas 5.65% Nat England Power— preferred _ Gas 5.85% pfd_l00 _ _ 100 102% CD CO Transmission— preferred 1984 105% 106 % Texas 105% 106% 105% 100% 101% 102 104 Texas Power & Lgt— 105 100 1 100 37/eS—1983 103% to" 1988 Elec $4.84 Serv $4.64 pfd • preferred 105% — 511/4 10 46 48 100 765 785 FOOTNOTES 62% 64% b Bid S Fire 38% 40% k admitted 3 2 24% 25% FOR •No par value, Fidelity & Guaranty Co__2 . 4s 36% 10 3%s 4.60%' Tenn Pacific S Westchester Fire & 8% 9% Tel Natural Gas 4s___1973 Stocks- 48% lo Accident Travelers 169 % & 18% 10 (New Haven) Springfield Fire & Marine 33% 44% Power 65 17% 12% Security 5 lo Florida 62 2 & Marine 5 Hartford 3%s lo Seaboard Surety Co U Stauffer Power Duquesne Light 3%s 10 (Texas) 10 42% 3%s lo Reinsurance Corp Bell Southern Calif Edison & 5 — Providence-Washington 39% Ask — 22% Peerless 41% 1973 Bid Bands—(Cont.) Southern Pacific 37% 4%s Ask Southern 55 % 164 % 105% 105 49% lo Lgt 4%s__1983 10<f 46% lo & Security Issues 103% 47% Hartford Fire 32% 104% 44% Hanover Fire Francisco of Amer N T 1984 53 Paul Fire Bank Chesap 85 V2 68% 43% Portland 45% 82 % 63% Steamboiler 41% 45% 10 61% L_5 Pittsburgh 43% Fire 66% American Security-First National 43% Pacific 10 Rutgers Fire 38 Trust—20 84% Bid 74% 95 % (SanFran)—10 & Republic 36% & 61 Recent 43 91% Philadelphia Falls 25 Angeles San Trust—33% Bonds- 72% 89 5 Los 27 12.50 28 Corp 287 Illinois Bank 41 3.33 % 86 of Newark 45 2.50 North River Northeastern Northern 26 General Reinsurance 43 City 2 Fire 10 Fund Jersey 5 York Md of 38 10 Casualty Hampshire Fire New 4 Fidelity & Deposit Great * 10 Federal Globe 10 35% 199% 36% 10 National Bank of Detroit United 5 Fire New Globe & 50% 43% Automobile Glens 10 100 25% 21% National Firemen's Co 51 5 22% 10 32% 181 Bonding 58 % of Trust 176 56 % Assn ~25 10 32 of 25 Firemen's 31% 26 % Lincoln National Life 30 32% 49% 200 34 10 194% 48 276 10 N Y__lo Co Merchants & Manufacturers National Fire Fire & 29% 268 5% Continental 42% Continental Bank 65% 48% City Nat'l Bank and Trust—25 Jersey Insurance 5 185 335 4% Ask 85% 10 31 50 320 46% 88 Massachusetts Fire 20 Peoples 1st Nat Bank & Tr—20 2 41% 2014 Connecticut General Life 420 Mellon Nat'l Bank & Tr__—100 Trust_17% & Bid 25% Camden 385 405 Cleveland First —20 86 82 % 5 370 100 250 23% 19 39% Insurance Co of North Amer Casualty_5 Co Ask 243 1,520 21% 22% 1,480 63% 10 Home 56% Maryland Casualty common $2.10 prior preferred Insurance Bid _100 _100 Tower 40% Boston Bank-. 110 Chicago 49% Surety National 107 33 Bank National United States Trust 237/s American Par First 25 98 31 10 Trust Nat'l 68 % 95 20 City Bank York 66 % 100 Morgan (J P) & Co Inc National 54% 10 — Kings County Trust Long Island Trust-; of Freeport 2.50 51% 20 20 Y N Guaranty Trust Co__'. Meadow Diversified Trustee Shares— Series Franklin Manufacturers Trust Co 32 Re-Insurance 1.28% Companies First National Bank Franklin National Bank— Hanover Fund (Newark N J)__2 V2 Co 408 396 Industrial Bank of Commerce_l0 Fund 10 American 1.22% bl.30 10.27 Income 47% & ——— 64% 10 1 Line 30 Fidelity - Bank 1 Value 10 American bl.32 1954 128 124 Trust—-10 & Fiduciary Trust Public 4 1954 21, Detroit Van Strum & Towne Fund Inc_l Insurance Companies Amer 61% 10 — Rye National Bank Assur——5 1.20% 16 Trust Co (White Plains N 2.61 Automobile 1.15% bl.30 62% Trade Equitable 1.10% bl.28 6% 61 & Sterling National American 1953 1953 1954 47% 13.37 1 Shares Fund Value Line Fund 4.95 1 Fund Fund Fund Science Ask 52% 46% State Bank of Albany American 2.15% 382 51% —_*15 Trust & Bank 5.51 American Alliance 370 10 1 Agricultural Insurance Co b2.30 6-11-54 Ask Trust Chase National Bank 1 lo 1-53 Chicago—(Cont.) — 1956 Aetna Life Jan. Co__10 Manhattan the 1955 141% Jan. 1.00% Par Series . 2.05% 1.00% York— Series 54% 0.90% Bank & Trust North 137% 2.00% b2.25 1.05% 24, bl.15 1953 16.98 10 1.90% b2.20 County Inc United Continental United 17, bl.15 : 1953 11.98 10 b2.15 3-54 bl.25 14, 27, Dec 16.62 Co 1-54' 1-54 bl.25 31, 1953 10.96 Insurance 34- 1.80% Bid 19, Independence Trust Shares Casualty & Surety b2.05 1953- 12, 12.52 Aetna Dec. Nov 16.61 Aetna Dec. 0.50% Nov 22.05 Fund Accumulative United Income 1.29 Bid 0.30% bl.00 1953 1953 11.51 Par Ask 1-54 Treasury Bills 5. 15.19 1 2- Ask 29, Boston—1 of 10- Oct. 1 Investors Management Fund 1-53 5- 2.70% Bid * 13.75 Texas 14.01 85c 2.50% United States lc Investment Co of America 97.10 96.24 Bid Due 2-53 Corn Exchange Bank & Trust_20 10.82 12.81 Dated 2-53 11- 1 Ltd— Institutional Trust 12.52 Rate 11- 1-53 New Stein Roe & Farnham Fund Railroad Ask 1.50% 2-53 7- 56.34 7.24 8.88 Investment 56.34 1 6.47 6.26 . • Fund— 5.90 8.10 Bid bl.90 2- 19.52 & Clark— 6.60 shares 98 96.12 1958 19.12 18.06 (net asset value) lc Bond 1, 97.2 2.75 % & Clark shares_lc shares 97.24 1958- 14.34 17.59 1 State Company 98.8 1957 32 14.06 Fund— 9.60 5.70 Income (Geo) 9.22 shares—lc lc Utility Putnam 25 1 2.50 Inc Inc Sovereign lc Steel Trading Fund Fund 9.29 Merchandising shares shares Railroad & Street Pioneer 9.38 Mining RR Petroleum 8.56 Priced 98 Federal Intermediate Credit Bank Debentures Bate Nov Canada 8.48 Bond 98.20 101.28 101.26 1957 1, Oct. 99.4 98.8 1956. 1957 15, 11.06 lc Institutional Low shares—lc shares l%s 99.21 99.26 98.24 1956 1, 100.1 1955— 1, l%s April 99.19 99.23 1955 15, 15, April 100.10 99.31 5.55 10.12 Machinery sliares_lc Industrial 27/eS March 1%S Dec. l%s Treasury Notes— 3.67 5.08 I Inc—lc Fund Resources $1.50 5.56 Electrical l%s Oct. 100.29 l%s March l%s April 1, 1%S Oct. 1, 5.02 3.36 Pacific Amer Investors com—10c 9.27 Common 100.31 100.27 9.29 shares 100.22 p Ask 8.14 4.59 1 Fund Inc New Pine shares 100.11 100.14 100.20 2%s Aug. 15, 1954 2%s Sept. 15, 1954 2%s Bid 100.13 — point Notes—(Cont.) 100.10 1954 1954— a 7.25 7.45 1 Series 6.22 1 Trust Investors Automobile Treasury 1954 22, 1, 32nds of more or Maturity— Indebtedness— of 2%s March 2%s Ask 9.89 6.63 1 Series 9.05 1 1 Stock 6.06 Securities- Group 99.24 113% 112 12.34 1 Series Preferred Growth -lc General 96.12 National Security Series— 1 Inc Corp Bid Maturity— 2.75% Securities— 1 Fund Capital General -1961 100 U. S. Certificates of Indebtedness & Notes Nov Gas Industries Panama Canal 3s 2.35% interest—. 1 Inc 2%s May 100.7 2.30% Of lc — 96 100.7 100.3 15.41 lc Investors Inc 1957-55. 100.3 1954 16.59 Funds Inc— series 1, 1954 Bank for Cooperatives— Central 100.10 100.7 30.37 15.11 40 38 7.97 * series stock 99.24 i w 17.73 28.24 _1 2.59 10 stock Preferred 1955 1956 Corp— 18.34 Fund Inc_l Franklin Custodian 16.40 interest—* Fund 5.08 16.96 Founders Mutual Fund 1, 1, 1954 Fund— Invest 24.84 4.90 .-5 First Boston Corp Common 23.23 33.20 —20c — Inc Industrial Financial 31.05 1 Fund Fund 99.24 99.16 2%3 Feb. 2%s May l%s Oct. l%s March Shares National 1 Fund 1955-54 100.11 100.13 15 15, 20.39 1 Life beneficial Balanced Stock 18.86 1.96 .1 Dreyfus Fund Inc Fidelity 1 Mutual 7.10 Equity Fund Inc interest 4.58 8.45 /> Mutual Fund of Boston Inc-—1 Net Dividend Shares 7.71 Trust— Mutual stock—_1 Stock Fund 4.16 Inc__10c Fund Investors Inc Units Diversified Growth Diversified of Bond Massachusetts Inc— common 1, 100.4 99.30 Mass investors Growth Stock 1 Funds lc Massachusetts 1 Fund Diversified lc shares 11.79 _1 value asset Metals shares 26 % Inc— 2%S Feb 1954 100.9 April Figures after decimal point represent one —1 Inc 100.10 1, 6.63 Paper shares — 2%s Nov. 100.10 27/8s 1954 100.3 100.8 1954 15, March 100.1 1953 Funds— 19.11 7,050 Feb. 2.75s Loomis Sayles Mutual Fund— Business com—10o 2.75s 35.92 _lc Nov. 16, 10.30 _• 2.60s 6.23 25c 1 Fund & Stocks) Automobile shares ———100 Balanced Stks)_l Com 17.18 De Vegh Mutual Fund Inc— Eaton Pfd 11.68 Inc Delaware 17.89 15.89 Securities Diversified 1 ;_1 10.79 Vegh Income Fund Net 26.28 Bonds) Bonds) Stks)_l Ctfs Net 24.09 Priced 1 Consolidated Investment Trust-l De 27.66 Lexington Trust Fund Composite Bond & Stock Concord 26.46 Bonds)_1 Grade 1 (Speculative ————1 preferred Composite (Medium Bonds)- —_1 Commonwealth Investment... Fund (Investment B-4 25.53 Inc Trust Fund Christiana 21.50 23.31 Inc Fund Shares Century 8.63 ,7.98 —1 Corp Fund Ltd Canada B-l Knickerbocker Fund—— value asset Keystone Custodian Funds— yield Stock to listing Exchange. OVER-THE-COUNTER ISSUES t price. x on the New York wi y New stock, Ex-dividend, When issued, Ex-rights. I Volume 178 Number 5267 ... The Commercial and Financial Chronicle (1607) *' THE COURSE OF BANK CLEARINGS clearings this week will show liminary figures compiled by a decrease compared with a Third Federal Reserve Pre¬ year ago. based upon telegraphic advices from the chief cities us ©f the country, indicate that for the week ended Saturday, Oct. cities of the United States for which it is possible to obtain Bethlehem Chester 4JB% below those of the corresponding week last year. Our preliminary total stands $18,733,378,278 against $19,670,020,257 for the same week in 1952. At this center loss for the week ending the week follows: New CLEARINGS—RETURNS BY ' ■- 1953 $8,958,658,885 _! Boston •__ _i Louis Z L __ 669,716,678 v ,, 374,600,000 574,062^75 + 312,067,369 ______'* 501,644,013 297,893,733 , ' + 4.6 5.3 . 7 r ' ••{ -Ten . v-'V :>•' c :l'x ) Tptal 1 , ,. •West V , — for!week--\. for the week cannot furnish the elaborate detailed not available at time of week in all statement, however, which we In the following furnish we a i Week Ended Oct, 17— 1st New -'3rd 12 cities York_____ 12 the week going to ____ Richmond Atlanta— "7th Sth St. |"9th Louis Kansas 31th Dallas 32th San i, Dec. 8,715,754,891 8,845,167,206 or 1951 % 744,047,091 9,507,984,362 1,084,341,802 1,148,429,451 — 5.6 1,322,824,433 " now 1,190,105,781 1,199,472,090 — 0.8 1,188,165,527 " 593,054,043 — 2.4 622,960,206 964,677,134 — 4.8 954,612,167 — 1.5 1,366,549,817 737,685,135 — 0.3 664,389,206 Grand (10 534,015,768 — 1.9 526,174,628 " 523,802,608 " 584,713,412 6 " 445,127,685 440,349,493 ____10 " 1,001,762,305 1,019,249,036 610,830,309 — 4.3 643,905,178 1.1 480,954,138 — 1.8 19,195,000,233 — 1.6 showing the figures for :i__ Sioux $ Inc. or Dec. % 1951 / . ^ _!•••'• •••-' Hampshire—Manchester " . -"*• " - $ '' York—Albany- J _--_____i_y_r_r 2,053,941 4,728,179 507,752,678 2,827,118 — 0.1 + 14.9 621,453,008 2,606,471 157,254,547 152,487,422 551,14&183,411,00* 964,677,134 — 4.8 954,612,167 927,712,873 + 2,025,711 4.2 1,651,717 1,358,212 + 17.4 13,101,017 12,031,74o 7,395,943 + 36.8 6,113,365 5,384,215 10,837,021 93,699,000 10,707,769 8.3 7,505,169 —18.6 65,241,000 11,203,329 — 8.4 — 5,090,721 99,465,193 +35.8 1,392,368 2,824,177 + 8.5 12,085,848 Ninth 3,785,185» 86,210,045 82,219,145 5.1 4,920,248 4,970,54+ 9.6 35,999,340 16,065,328 35,618,235 5,859,001 42.785,319 18,138,944 — — —13.4 1,682,265 6.6 1,944,124 954,972,384 0.5 7,517,203 2.5 + + 3.1 9,931,430 29,401,337 + 19.1 34,053,861 16,725,113 15,760,217 + 6.1 16,097,720 +15.0 34,739,700 17,047,856 9.8 8,558,717 2.8 8,305,118 6,157,144 5,883,191 1.4 6,279,788 5,271,305 1,286,589,082 cities) 1,306,125,381 1.5 1,366,549,817 1,256,039,880 340,200,000 358,900,000 Louis 371,500,000 359,300,000 976,324,06® 6,312,305 14,050,001 + 3.4 + 4.8 153,877,392 152,790,274r —12.8 166,946,724 153,155,313 204,755,703 195,413,753 156,525,234 179,456,612 2,884,694 (4 3,514,770 —17.9 3,365,090 735,665,631 cities) Federal Reserve 737,685,135 0.3 664,389,206 8,514,461 8,481,319 362,705,441 127,996,539 127,317,168 : Dakota—Fargo Dakota—Aberdeen Helena 8,680,438 (7 9,931,659 4,776,681 4,917,697 6,204,415 6,393,051 12,862,767 14,269,433 523,802,608 534,015,768 : Total — 2,740,839+ 667,586,223 District—Minneapolis— 345,767,307 Paul North cities) Federal 0.4 + 8,812,912 7,772,94® 2.2 355,354,306 362,514,797: 0.5 130,162,30® —12.6 122,854,013 11,216,480 2.9 5,038,010 5,363,325 3.0 7,060,153 6,204,390 — + — — — — 9,569,02®', 9.9 15,838,754 16,012,463 1.9 526,174,628 537,599,25® Reserve District—Kansas City— 985,712 1,146,315 — 9,165,878 157,266,527 - Kansas—Topeka 9,533,587 Wichita 929,893 10,144,443 6.0 + 924,570 9,543,793 173,379,196 1,116,615 760,627 + 24.0 725,221 529,133 4.0 9,133,203 8,331,717 9.3 201,674,731 177,346,193 8,719,847 — — — 6.0 1.7 17,288,851 2.3 384,017,528 10,699,95® 13,907,335394,231.292; 3.4 13,866,415 11,594,603 3.1 3,630,690 2,935,60? 21,571,459 371,918,936 13,737,246 14,215,579 4,134,052 4,265,882 3,788,777 4,295,042 —11.8 3,732,077 3,055,288 584,713,412 Joseph 21,212,975 363,383,859 City____ 610,830,309 4.3 643,905,178 623,391,751 — Colorado—Colorado Springs Pueblo - Total 36,467,300 0.2 2,080,388 1,597,898 744,047,091 + — — — (10 cities)__ 756,148,592 2,052,388 2,055,846 636,905,955 620,757,035 — 2.6 + Eleventh 38,959,533 4,741,052 121,755,696 2,790,767 =19,766,402 ■ 8,883,518 17,955.414 59.0 + 21,601,407 Galveston Wichita ___! 7,442,000 Falls Total 4,446,262 + 4.4 129,773,975 122,299,986 — 1.1 2,266,288 2,489,089 Reserve 9,155,531,249 + 12.8 28,277,456 + 10.1 20,971,625 15,867,111 + 1.1 480,954,138 1.9 199,518,767 440,349,493 450,213,850 178,606,849 5,093,554 189,777,657 80,390,981 — 187,498,315 + 19.4 5,835,456 5,378,457 3.2 182,067,079 —19.2 90,690,702 176,604,173 80,751,29% 17,819,889 — + 16.1 14,260,950 + 6.3 12,093,652 496,949,921 + 0.8 629,039,527 12,403,03® 539.204,43% 17,543,475 + 2.2 19,989,811 .18,104,89® 5,306,109 — Barbara 18,911,324 500,683,166 17.924,348 - 5,428,364 12,285,961 , >vt 13,950,179 2.3 6,130,698 4.948.7H® —11.6 13,117,609 13,787,97® — — 13,739,742 57,500,111 5,831,385 11,992,75# 21,952,174 Jose 19,553,600 + 16.4 +11.1 65,658,170 — 8,845,167,206 Total Grand 3.5 *69,188,002 67,555.017 9,307,964,362 9,116,098,796 Outside • ^- (10 cities) total (111 56,993,533 1.5 C.— " Beach 27,709,973 16,609,933 j.^N«wark___*:_-__-r'iy)59,648,290 .^Nortbefn New.3eK^Z___Z_i__i tt,;. 63,392,888 6,980,829 12,398,919 64,924,090 Stockton ' 8,173,00® 1.3 7.3 10,855,254 San 8,781,546,131 7,450,000 + 175,144,095 Francisco- Santa 5.2 36,341,01^ 15,165,384 San 2,778,720 378,478,35S> 42,060,616 + 183,726,546 — Pasadena 2,560,876 2.0 9,397,345 403,074,614 District—San Francisco- take City California—Long 8,989,160 1.8 5,953,546 6,081,139 Utah—Salt — 0.2 6.5 11,569,784 445,127,685 Oregon—Portland -4,416,694 + 12,411,322 __, (6 cities) Federal 7,851,000 — — 6,028,311 Louisiana—Shreveport 17,016,311 0.4 — 34,740,401 Yakima + + 26.7 371,330,635 32,494,316 Worth Fort 28,535,113 8,904,127 377,868,218 Dallas 9,095,892 53,683,505 340,862 -it. 8,7^.5,754,891" Federal Reserve District—Dallas— Texas—Austin Washington—Seattle 26,864,211 1,876,821 8,799,581 Montana—Billings 15,738,300 31,538,400 Rochester.30,291,847 cities)— 16,805,663 5,967,753 Minneapolis St. 11.644,332 8,679,492 8,493,842,718 Connecticut—Stamford 8,606,57® 3,012,883 8.2 + 1,075,875,442 8,322,175 14,799,729 — (17 Total 2,875,588 11,995,080 { 2,921,149 Wa 6,121,695 69,147,00® 1,199,639 +32.6 13,019,440 .Yor4£-__-^.__---L_Z„___LjL; 'f,V8,323,830,434 - • —22.9 1,792,774 Kentucky—Louisville Tennessee—Memphis Illinois—Quincy 2,850,828 1,155,998 2,760,432 (11 7,952,67® 675,955 640,041,069 2,559,603 2,306.207 Total 10,493,202 —20.1 Eighth Federal Reserve District—St. Louis- 4,125,994 127,083,522 Jamestown^ Syracuse 176,520,361 16.8 + 15,373,504 Missouri—St. 1,976,639 +31.9 4,759,078 Elmira p 156,919,363 9.5 + 15.3 — 7,329,471 Rockford St. +29.0 4,876,971, 61,959,927 Buffalo New 4,800,66;e 112,726,66+ 950,542,275 Springfield $ 2,154,295 ♦ cities) 6,395,059 5,686,859 133,425,079 14,459,143 1 Peoria Twelfth e 741,673 15,708,756 Decatur Second-Federal Reserve District—NewvYork— "V 9,392,727 5,558,107 City Missouri—Kansas 35,020,699 ' Island—Providenoe. J'Binghamton 1.7 22,938,892 104,355,42*(: V 327,662, m* + 12.3 38,697,466 Illinois—Bloomington Chicago 1950 36,254,300 . • Mew 5.3 + 5,333,980 3,936,517 Lincoln 8,948,446 _______ Haven__________ (12 2.6 — 9,760,223,915 1,569,607 Total 24,178,228 107,017,339 334,900,000 9,227,722 6.4 — 107,632,525 Wisconsin—Milwaukee city for the 3,394,680 Bedford i 5.9 641,282,673 9,809,177 Omaha 1952 3,248,809 Connecticut—Hartford Mew + > 9,941,135 Haute Tenth each 6,433,264 Worcester New 622,960,206- — 177,605,627 Nebraska—Fremont ^ 507,460,832 Lowell Rhode 2:4 76,299,000 Wayne Bend.— 18,541,770,046 2,778,377 Portland Massachusetts—Boston 105,562,53* — 2,111,136 Iowa—Cedar Rapids Des Moines 17 for four years: $ «, -4,316,15V 304,475,93® 16,970,013 Indianapolis 1,056,501,187 10,039,468,984 '.First Federal Reserve District—Boston— — 0.1 3,129,24V 14,560,182 209,2J8, 60* 10,119,892 South 1,172,433,480 9,525,969,363 1953 1.166,261,369 District—Chicago— Arbor Terre 450,213,859 1.7 18,019,812,081 statement 9,828,11® {398,259,33* s5,189,814 259,553,931 118,570,285 7.6 •4.4 — 124,737,950 918,067,803 Orleans South 623,391,751 + 9,377,865,609 Maine—Bangor Springfield. + — 8,286,752 ■- 866,182 125,706,412 Minnesota—Duluth — 17,701,696,043 detailed 7,190,05a ,f 4,220,378 19;646,000 t' 215,779,998 5.3 4.1 — 26,404,442 160,654,786 cities) Indiana—Fort 537,599,256 7 10 Clearings at— > 1.3 — — 114,119,436 5,423,153 Rapids Hastings New 1,188,165,527 340,800,000 7,849,641 Lansing Week Ended Oct. 17 River 0.8 — 593,054,043 10,829,509 Michigan—Ann 667,586,226 ' Fall 429,453,160 124,408,219 140,109,049 1,256,039,888 week ended October /— 5.7 41,645, 6,040,597 4,059,581 27,968,325 Seventh Federal Reserve 927,712,873 1,306,125,381 our 39,970,200 12,100,885 641,282,673 City—. = 1.0 240,498,470 i Total 1,166,261,366 578,859,088 735,665,631 add 6.3 + 20,034,000 197,837,026 6,216.747 106,860,746 Louisiana—New 1,342,933,579 918,067,803 York 9,556,73V 251,987,42k 447,794,600 461,763,905 + 45.3 = 331,800,000 Mobile 9,116,098,796 7 111 cities New 230,632,882 1.4 Reserve District—Atlanta- Mississippi—Vicksburg 756,148,592 1.5 — 1,286,589,082 ______ 0.2 + 578,859,088 cities) Macon $ " City_____ 1,342,933,57® 8,203,898 + + 6,347,992 ,6,689,046 240,426^618 Florida—Jacksonville Alabama—Birmingham 1950 $ 2.6 + 4 Total We Inc. $ " Francisco \< Outside 1952 1 " Minneapolis 30th 1,322,824,433 4.1 — 492,711,403 118,955,820 Columbia—Washington (6 Total 10 :__ 9,727,672 240,498,591 -4,006,308 18,979,000 189,802,296 * Georgia—Atlanta Augusta present further below, _______17 Chicago 5.6 — 1,199,472,090 Nashville press. 6 ■4th Cleveland -6th t 620,757,035 " 13,147,2.77 11,449,60/ CLEARINGS 636,905,955 " Philadelphia——.—__ll 5th BANK $ Boston -2nd OF 1953 13,805,302 14,097,861 - 1,190,105,761 i 6,298,641 2.6 • summary by Federal Reserve Districts: SUMMARY .. 390,244,836 Carolina—Charleston____ District of able to give final and complete results of the previous week — week ended Oct. 17. For that week there was a decrease of 1.8%, the aggregate of clearings for the whole country having amounted to $17,701,696,043 against $18,019,812,081 in the same week in 1952. Outside of this city there was a loss of 1.6%, the bank clearings at this center showing a decrease of 2.0%. We group the cities according to the Federal Reserve Districts in which they are located and from this we note that in the New York District (including this city) the totals register a falling off of 1.5% and in the Philadelphia Reserve District of 5.6%, but in the Boston Reserve District the totals record an improvement of 2.6%. In the Cleveland Reserve Dis¬ trict the totals show a decline of 0.8%, in the Richmond Reserve District of 2.4% and in the Atlanta Reserve District of 4.8%. The Chicago Reserve District suffers a loss of 1.5%, the St. Louis Reserve District of 0.3% and in the Minneapolis Reserve District of 1.9%. In the Dallas Reserve District the totals are larger by 1.1% but in the Kansas City Reserve District the totals are smaller by 4.3% and in the San .Francisco Reserve District by 1.7%. are ' 367,925^44 Maryland—Baltimore has to be estimated. cases 1,148,429,451 : 7,068,569 3,101,573 3.2 + 47,737,300 Tennessee—KnoxVille as 13,359,820 11,620,755 12,204,296 Vltginia—Huntington South —4.8 today, inasmuch 5,091,793 + — Reserve District—Richmend—• by the foregoing will appear them 3,444,609 19.2 9,225,993 12,323,409 cities) Sixth Federal covered +35.9 6,951,011 9,327,467 241,-064,311 499,485,557 ,i__ Federal 0.1 $18,733,378,278 $19,670,020,257 —- 2,808,658 -50,753,500 (7 Total .all;feities _ _ Virginia—Norfolk 5.0 + 757,353,590 6,147,288 1,084,341,802 '■itRichmond *. Saturday, and the Saturday figures are Accordingly, in the above the last day of the we < 2.5 — $17,974,968,652 $18,912,666,667 ends In 3,786,767,965 756,409,626 issue of next week.- We our Total Ftftfc ' ' cities,*-fiw-.daysZ.4i---—-I—-—' Complete and«exact details ; In • 0.5 1,289,000,00® 3,377,785 3,921,875 + . / 5.6 — •: All..clties,^ne^fty^;___-_^4-_: i ■ '"lx: 'V Total all V '<•' •' •3,092,04«,130 --is f... . '. Z ' 414,282,920,522 415,125,898,702 ----- + 19.6 1,607,858 ; ^ '■ V cities) Pennsylvania—Pittsburgh , Baltimore 3,304,659 6,563,277 11,988,886 — .Mansfield —8.0 528,541,972 . Jersey—Trenton ..Youngstown —6.9 410,847,635 ; 4,896,09* 8,287,630 13,006,401 Columbus 2?4 + 4,505,774 1,267,000,000 6.3 — 3,816,411 _ Cleveland - 1,545,58» 6,593,276 (11 1 1,440,582 1,477,756 _ Ohio—Canton 5.7 4.1 -534,305,000 Pittsburgh. ' / + — 377,981,865 ; ,- 633,324,135 397,000,472 383,600,000 San Francisco •■. 3;1 1,239,057 2,093,118 0.9 — 3,951,255 __ 4.0 — 1,213,000,000 8.6 + 380,898,207 - _ _____ ______ {_■ _ $ -+21.1 4,181,068 1,095,000,000 Fourth Federal Reserve District-—Cleveland— — 924,732,848 1,175,000,000 "Kansas'. City St; % $9,798,593,391 962,150,546,,. Philadelphia— : 1952 York Chicago.r>_ - _ TELEGRAPH '</• — __ Delaware—Wilmington Total '? .. _ 1950 $ + 38.9 5,062,277 1,026,000,300 _ Reading for summary 1951 % + 33.3 1,296,117 1,821,519 Scranton " Week Ended Oct. 24— New Our comparative 1,522,567 1,804,964 _ WiLkes-Barre 'York Friday of 8.6%. Dec. 1,800,911 _ ________ Philadelphia 3t $ 43 1 ' ' 1952 2,029,791 _ i t _ Lancaster weekly clearings will be a _ * District—Philadelphia— Pennsylvania—Altoona 24, clearings for all * ' Week Ended Oct. 17 Inc. or 1953 $ Bank there is i • t * —r~:— •* . , . "Estimated. 1.019,249,036 1.7 1,172,433,480 18,019,812,081 1.8 19,195,000,233 9,377,865,609 New York City— ' 1,001,762,305 Jj'f 17,701,096,043 .___;— cities)^ 9,525,969,363 1.6 '.... I' jI — 1,056,501,1IT^ 18,541,770,04® 10,039,408,964>, ■ . V • - 9,760,223,915/ . Chronicle... Monday, October 26. 1953 Commercial and Financial The 44 (1608) Bank different requirement of Section 522 of the Tariff Act of 1930, the Federal Reserve certifies daily to the Secretary of the Treasury the buying rate for cable transfers on the 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 OCTOBER 16, 1953 TO OCTOBER 22, 1953, INCLUSIVE Pursuant to the Buying Rate for Cable Noon Unit Oct. 19 Friday Tuesday Oct. 20 Oct. 16 $ S Argentina peso— Basic - ——r .133333s Preferential Australia, pound Belgium, franc Brazil, cruziero— — — 2.237300 2.235557 .325950 .325950 1.018281 1.018515 1.016601 1.017421 .210200 .210250 .210500 .210450 .210150 dollar .325900 dollar .00435401' ,00435401s .00435401* .00435401* ,00435401s — — Ceylon, rupee Finland, Markka (Metropolitan), franc- —-— ——— . France Mexico, .210600 2.810000 2.808750 .116270 .116270 .116270 .116262 pound— .264100 2.780012 2.781559 2.782178 .496766s .496766s .496766* .496766* ,496766s .0349000 .0349000 .0349000 .0349000 .0349000 U. S. .193233s .193233s .193233* .193233s .193233s Philippine Islands, peso .140154* .140154s Portugal, escudo Sweden, krona U. S. .233200 2.798879 2.799501 2.798256 2.809375 2.810039 2.808750 2.807968 - United 2.805625 Kingdom, pound sterling .233175 .233162 .233050 2.795143 $1,06'/r action no held meeting Value .658327st ,658327st .561797st .561797*+ ,658327ft .561797l*t Vogt .561797st .425531 *t ;425531*t Washington Steel Corp. .(quar.) ,658327*t ,425531st .425531s t .531914st ,531914st ,531914*t .344633s .344325s .344300* .344673s ,425531st Uruguay, peso •Nominal. — tApplication Manufacturing Corp. */<quar.)—, Walker .531914*+ .531914st ,344300s Uruguay, peso Uruguay, peso (free rate) 4%. ••Temporarily omitted. & Statement of Condition of the Twelve preferred .(quar.)___—_■—;___ (quar.) conv. West Loans to brokers and dealers for carrying securities decreased $96 million. loans increased $20 million. Loans to banks release. press purchasing or Real estate Federal Reserve Banks Combined Virginia Holdings of Treasury bills decreased in five districts increased in the other seven, resulting in a net thousands of dollars) (stock F. 856,621 —— — and U. 869,949 — . 1,823 — securities: Govt, S. 94 — 10,883 + 11,395 — 2,578 Industrial loans 1,236,419 4,144 — 260,080 advances outright— Bought 2,056,312 + 1,685,112 5,851,541 + 855,825 ' 13,773,671 ... - 3,666,150 —— 1,685,112 repurchase under Held 855,825 '— + 25,347,674 $158 U. Inc. 25,347,674 securities— 25,610,332 15.000 + 26,489 — 1,685,112 + Total Due F. and loans R. " Bank premises Other 1 7,099 — 235,533 + 28,695 61 — + 4,485 + 201,120 assets 13,090 + 178,536 4,281,736 50,142 items cash Uncollected 813,340 — 22 foreign banks notes of other banks from 9,467 + 296,194 — + — 65,408 320,708 chasing Other Liabilities— 26,037,172 101,284 — + 729,195 Deposits: accts. bank-reserve Member 19,567,281 530,309 Other 357,656 181,886 + 460,588 — Foreign U. S. acct._ Treasurer—gen. 512 17,324 — —. — + 87,910 223,080 112,593 Total accrued divs._ and liab. 3,455,521 21,801 50,430,328 1,409,975 174,059 + 20,915,834 deposits 376,400 + 562 — 272,105 + — — 4,679 403,996 965 — 96 + 102 732 6,418 656 — + — to banks Loans loans Other _. ____ bills certificates Treasury notes 31,319 2,013 5,438 6,625 .____ U. S. Government securities—total 17,243 2 Treasury of U. S. bonds Cash indebtedness—1 ___ with Federal with + 46,334 Time deposits U. Government + 22,866 + + 7,808 27,543 ; 251,764 296,194 — — 320,708 — Affiliated combined— liabilities on purchased for Aluminum S. except'government demand Interbank deposits deposits: banks _i ; 11,322 + + 1,229 — 673 Foreign banks •October 0.2% 44.5% — + 629s — 19 168 — — Amerada shows the ended Oct. ances with ances with 969 — 80 + 3,478 + 10,103 2,449 — statement of weekly reporting member Federal Reserve System demand deposits credited to domestic banks, and decreases of $624 million in United States Government deposits and $168 million adjusted, and $629 million (St. 61 1,502 1,436 districts, and a agricultural loans in¬ total of $55 million at all of $19 million in the St. Louis lion in New York City, and $13 District, and District. a (Chicago revised District, $14 mil¬ million in the Atlanta decrease of $18 million in the Cleveland Changes according to industry Co. Car .7% a Distilling appear in an- from net net . Bank Port Phenolic American Screw, American 5% Note Co., Concession 6% preferred stock 8% debentures Corp., 4*/2% prior American Dodge and Issue— Bosch preferred stock -I 1964 Nov 1 General Hanna . sinking fund debentures, due 1962 Nov ,1 & Rubber Co., 4V2% preferred stocku.—Nov 15 Outdoor Advertising Co., Inc., 6%„pfd. stock__Nov. 16 Tire (M. A.) Co., $4.25 1269 preferred stock—— Dec 1 1272 1272 1057 * ♦ 11- 2 10-14 11- 1 11- 1 10-20 10-20 $1.12'/2 12- 1 11-20 10-28 11- 2 11- 2 11-16 10-30 11- 2 and 34c sales of . 50c 37%c . 25c 25c 56'/4C $1 50c $1.75 ' .; (quar.)_ preferred Viscose Corp. American Zinc, common Works- Co., Lead iquar.) Inc— . 25c 50c It- 2 10-19 11- 4 10-26 $1.25 50c 11- 2 11-30 10- 5 10-16 ^ 10-20 10-19 T (quar.) Cb. (quar.) _____ Anglo-Canadian Telephone Co.— 4V2% 10-16 10-16 11-10 ,11-6 10- 9 11-25 11-30 10-31 11- 2 11 2 & Smelting— prior preferred Clayton ,11+ 5 25c , (quar.) Water 10-46 10-.15 10-15 $1.25 Building & t56V4C preferred (quar.) Electric Power— 11- 2 10- 9 $1.12V2 15c 11- 2 11- 1 10- 5 10-15 $1 $3 12-22 12-22 12-15 12-15 Appalachian 4V2% preferred (quar.)_'_ Applied Research Laboratories (quar.) Arcade Cotton Mills, com. (quar.) Page Date 15-yr. 4% Firestone 1369 1369 1159 REDEMPTION 33A% debentures, due Manufacturing Corp.— .. Corp., —Nov 7 Oct 26 Oct 30 12-11 3-12 12-11 3-12 ' 10?19 15c Corp.__ 4%% preferred Anderson 1-2-54 4-1-54 1-2-54 4-1-54 10-29 30c $1.25 (quar.) (year-end). American Smelting & Refining, common 7% 1st preferred (quar.) , American Thermos Bottle (quar.) $5 Page Date PARTIAL Company TENDERS and Issue— Mills Corp., Erlanger — (monthly)— (quar.) Co:* (bi-monthly) American Ship 11-16 50c Corp. Co., common investment inccme realized gain from preferred American 10 19 11-20 75c 75c $1.75 $1.75 50c (quar.) Metal Co., Ltd. v. preferred (quar.) ___. Mutual Fund (year-end)— American OF (quar.) (auar.l (quar.) preferred from 10-23 10-22 4c 35c income— securities 6% tenders, and the page number gives the location in the current volume (except where indicated) in which the details were given in the "Chronicle." NOTICE Co. Products Home 16c .11*15 Inc.— American Natural Gas, common: preferred and common stbcks called for redemption, in¬ cluding those called under sinking fund provisions. The date indicates the redemption or last date for making Company 62'/2C z Marietta 5% list of corporate bonds, notes, " 12- 1 11-2 50c preferred preferred non-cum. American 11- 5 10-30 50c — • — (quar.) (quar.) non-cum. American !; ——^ 11- 6 11- 6 10-17 .10-26 10-15 12- 1 12- 1 11- 1 +25c $$1.31 12V2C 10c — Foundry & 7% 11-13 , Co. American-News Below will be found 12-10 93%c • <quar.)_ Co.-r-„ net investment (quar.) from Can Common District). Notices 12-10 1-2-54 20c 25c 10c 40c ♦ (quar.) Insurance Business Shares, Common 123 556 Redemption Galls and Sinking Fund 9-18 10-30 10-30 10-21 11- 6 10-16 (quar.)__ Book American Asuncion and reporting member banks; the principal changes were in¬ creases Louis) American American industrial, creased in most figures 10-27 12- 1 12- 1 11- 2 11-25 11- 5 .1—:: _ Corp. Automobile American 216 in borrowings. Commercial, 7 7c tlOc t27V2c common (quar.) Petroleum American 4V2% 24.G43 in leading cities following principal changes for the week 14: Increases of $160 million in reserve bal¬ Federal Reserve Banks; $289 million in bal¬ domestic banks, $346 million in demand de¬ the America, (quar.) Canada, Ltd.— of Ambrook Industries,.Inc.- 2.0% Condition Statement of Member Banks of Co. American — 10-20 — of Co. preferred 4% 79 3,224 11- 1 . Co 5V4% 2nd preferred (quar.) Amalgamated Sugar, 5% preferred + . (quar.) - preferred 289 — 10-30 Inc.— 2,036 2,895 $3.75 accept¬ foreign correspondents Industrial loan commitments The condition Fund, Airfleets, Inc. Altes Brewing + 346s 127 624 10- 6 11-20 . Agnew-Surpass Shoe Stores, Ltd., common— 5y2% preferred <s-a)____— _____ Air-W'ay Electric Appliance Corp. (year-end) 2,805 + 11-2 - preferred A non-cum. . 3% $3 payable option American 53,307 18,995 6% ! Holder« from net realized security profits in stock, or cash at holder's Special 62 — ' Payable of Ree. (quar.) dividend Aluminum 239 : 50c Corp. (quar.) Addressograph-Multigraph Corp. Co., When Per 146 1,108 1,996 3,094 52 941 1-20 11- 6 10-20 11-16 Share of Company Adams-Millis + — . we American certificate re¬ deposit and F. R. Contingent liability in 2 Fields Gold preceding table. 93 — 50c 5c * gold to posits + + 12-18 25c 1 + banks deposits adjusted Domestic banks — 12-18 1- 2 2- 1 11-23 give the dividends announced in previous weeks and not yet paid. The list does not include divi¬ dends announced this week, these being given in j the Below + Borrowings ances — 11-20 1-2 25c —— (extra)———.—:+ Mfg. Co. Consolidated Yuba Quarterly Demand 185 584,676 51,556,334 note 40 84 8 54 12- 1 3% —4 1— Yale & Towne 14,254 Banks—— Reserve domestic 14,088 + 262,023 (Section 7) serves + — + 10-30 11-20 50c 10-31 Ltd.— — American Surplus (Section 13b) Other capital accounts- of — — + — 47 412 25c 12- 9 12- 1 30c (quar.) Co., & — —— Monthly Liabilities— Capital paid in Ratio — — Light W.) (F. Extra 36 160 7,546 ; in vault— Balances + — 2 20 116 2 11-16.1 1-15 ——- •— 1,018 securities Other Capital Accounts— Burplus + pur¬ carrying or loans Rear estate Reserves 304,187 — 55 1,696 for securities Treasury Deferred availability cash items Other 1,211,578 10,009 + purchasing for + + 12-1 1-31 11-14 _ ._ & Power Monthly 2,394 securities carrying or loans 296 2,344 + — 11- 2< 90c $1.50 (year-end)-- com. Extra agricultural dealers and + 137 7,955 brokers 213 137 23,201 to Loans — — 78,902 and industrial, Commercial, Wrigley Aeolian 40,037 —_ 12-1 12-1' 12- 1 25c Power, Co.— regis, (s-ai (Wm. Jr.) Co. (monthly) Stock 40,658 Investments—total and Loans—net Loans—gross loans 51,556,334 Total assets 1952 (In millions of dollars) Assets— Loans Oct. 15, 1953 12-15 12-15 45c ^25c 25c preference 6% 10-30 12-4 10-26 + ———$1.25 _______ $1.25 (quar.) (quar.)— _—__.i_ preferred 6% 1 u 11- 4 . 10-26. 10-30 1-29 Machine Is-a) preferred 3.60% Name since Oct. 7, $5 17'/2C 343sC 11- 2; 10-30 12- li 12-13 11- 2r 2-19 __.—___ (s-a)..____ A B Electric Wisconsin (+) or dec. (—) Oct. 14, 1953 __ : ; Sewing Gibbs & preferred • 11-15 12-17 11-15 11-15 11-20 .(quar.)_______—< preferred 5# 5% Woolworth . Govt, securities. S. Co. Wisconsin • Total Willcox in most districts; the principal changes were increases of $118 million in the Chicago District, $97 million in the San Francisco District, $73 million in the Kansas City District, and $68 million in the Cleveland District, and a decrease of $213 million in New York City. Time deposits increased $127 million, largely in New York City and representing de¬ posits of States and political subdivisions and of banks. Borrowings decreased $116 million in New York City and by smaller amounts in most of the other districts. A summary of assets and liabilities of reporting deposits adjusted increased Demand preferred conv Oil .. 11- 4 $1.1.2%: ; . 11-16 , Quarterly securities decreased $36 million. member banks follows: 15,000 — agreement de¬ million in New York City. Holdings of increased $54 million. Holdings of "other" Treasury notes 143,583 52,646 334.723 cash Discounts + of crease 1952 1,380,002 — 2,646 R. 20,899,723 Other i 50,000 20,043,102 — for fund Redemption notes 1953 1953 certificates Gold Oct. 22, Oct. 14, Oct. 21, 5%% 11- 9' 11- 2 11- 2 300# <quar.)__— com. 12-1 11-20 11-16 , 11-16 12-10 1- 2 , —_— __________ Inc., 10-30 11-16 11-16 + 11-16 - Alabama of Stores Auto Paper— (quar.) Railway White's million; the principal change was a decrease of $84 dec. (—) since Assets— Western & dividend! preferred 4+2% and Inc. ( +) or Pulp 11-16 12-15 12- 4 v 14c 75c 50c 40c Point Manufacturing Co. Wilcox $116 million. decreased .20c 25c 25c (year-end)______ (quar.)________ common „ -25c ,,r — Co., Common other ' end Year . !____ (quar,)— Wayne Screw Products-Co. Weeden depends upon type of merchandise. Co. & West (In 11c 33c 30c — .«.-•• - 12-14 11-20 1- 1 * 12-16 75c $1 v Sugar, (Cuba 1,-.(final»_ .561797st Uruguay, peso •• . • . <quar.); Chemical .658327st Uruguay, peso 20):. Oct. on . pay¬ com. on Pipe & Foundry Co. .iquar.) __—___ — Playing Card Co.—— ——Line Income Fund (From earned, inc.) Vertientes-Camaguey Vick 11-19 25c $1 - took at ment 12-1 45c Co.— (Directors .233214 2.797322 __ Switzerland, franc — Union of South Africa, pound Lines S. .140154* 11-10 10-31. 10-31 10-31 12-15', 12-15 — — preferred ::(quar. 4%% U. .140154s 11-20 11-16 11-30 11-30 12-28 1- 1 lyear-endl— common conv. .140154s $1.25 +37c J10c tqr.ar. 1 —————— preferred iquar.) U. S. Hoffman Machinery Corp.— 2.780940 krone A Payable o* R*a _ Co., S. $4 Share . Corp Ltd., class (quar.)__; B Special Finishing U. .264100 .264100 .264100 .264075 2.777846 peso New Zealand, Corp., Class .210466 2.808020 2.805625 Netherlands, guilder Norway, .210266 2.809375 .116262 2.805625 pound Ireland, » Building United .00285625 .00285535 .210200 .210150 — .00285625 .00285625 .00285535 India, Dominion of, rupee Tower • _ Holder* When Per Name of Company 1.015937 British Malaysia, Malayan from page 10) (Continued 0 0 .326100 .326750 ———-— 1274 Dividends u # *} ft Canada, * ** lt'4 •s Basic 1158 1476 this issue in •Announcement .0200625 ■ Free ——' Page Date & Power Co.,: 3% Light 2.238047 .0200625 .0200625 .0200656 .0200625 1165 1 CALLED .0719820* ,0719820s 2.239043 2.238545 —Dec _ .133333* .133333s ,0719820s ,0719820s _ .200000* .200000* ,133333s ,133333s : ,0719820s Free 1278 convertible debs.—Dec 1 Hotel Waldorf Astoria Corp., 5% inc. debs., due 1954_Nov 1 Penton Publishing Co.," class A' stock--——Nov 16 $ S .200000s ,200000s .200000s 1475 Oct. Ti Oct. 21 *0 ISSUE 1274 1 1 1 . 1978 and Issue— Company Thursday Wednesday Monday bonds due 3% mortgage 1930 United States Money) Transfers in New York (Value in <" Co.— ENTIRE First Connecticut Country and Monetary Co., 4% Terminal Union 1372 1 first mtge. bds., due 1965——Nov Mathieson Chemical Corp., 4%% debentures, due 1987 Nov Midi RR. Co., 4% foreign bonds, due Dec. 1, I960-. Dec Tennessee Gas Transmission Co., 47/8 % debs., due 1971 Nov Foreign Exchange Rates Page Date and Issue— Company Interstate BriJge Common _L (quar.)_ 6% preferred (s-a) Archer-Daniels-Midland Co.t . Argus Corp. Ltd.,=.common . (quar.)_________ 4J/2% conw pref. Jquar.)___ — Armour $6 & Co.— 11-13 115c V 12-.1 .10-30 $$1.12%+ ; 12-JL. 10-30 50c 12- 1 "1 $3 10-27 ... convertible prior preferred (accum.) - 10-12 Volume 173 Number 5267 ... The Commercial and Financial Chronicle Per Name o) Company Associated Electric When Share American deposit receipts ord Stock dividend (one this A, Per Name of Company payment clears 7y2% 10-28 9-17 10-28 9-17 (quar.)__ 12-22 12- $1.25 Extra Coast 11- 2 $1,083/4 11- 2 $1.083/4 11--2- : (quar.)______ (Conn.) (quar.) Coast Line Co. Atlantic $1 $1.25 RR„ preferred 12-11 12-11 11-13 $1 (s-a) preferred series B" Corp., 12-11 11-13 4% 11-10 10-23 4% $1.25 Atlas conv. convertible Atlas Steels, Ltd. Austin, Nichols $1.20 conv. preferred Co., prior pfd. Avcq Mfg. Corp., $2.25 A $1 11- 2 >. capital uVt- 2 10- 11- 1 11- 1 56'Ac ____ 11- 2 10-15 11- 2 10-10 ____ 10c 11- 1 10c 12- 1 Rubber " 4y4% Clark ' : ; - 10-31 10- 7 15c 10-26 10-15 10c 10-26 - 50c 1- $75c 12- 1111- '•$6 '1st preferred Belmont Iron Works Beneficial Corp. - Club . Oil.Co. 5% preferred Bliss Ltd., pfd. C.t (quar.) (quar.) 10-26 earned in 1953 Common 11- 12-24 10- 10-31. 75c 12-24 12-12 Bon Ami Co., Bondstock Booth (Sidney) class Corp. and Boston Edison Co. WOven 25c 9C (quar.t____ 25C A Co.____ - 10-20 Products, Inc. ____ ■ 5% Co., (quar.) convertible 5% preferred Steel common Falls Co. Connecticut Buda Company Buell Die Buffalo Bullard ' . & Inc. Co. Stock (quar.)__ 11-16 11- 10-28 10-15 11- V ,11- 2 1 11- 2 pfd. dividend 2 10- 2 10- 1 2 10-15 10-31 10-30 10-23 11-25 - 10-29 12-24 1- 8 11- 9 10- 11-: 2 11-16 11- 2 1 1 preferred California Power com. Pacific Title 11- 1 (quar.)_ 15c 12- 75c 11- 1 Water <fc preferred $1.25 preferred (quar.) (quar. preferred California-Western dividend Campbell, Camden (quar.) States Class Canada , Assoc. Ltd., 10-10 1. General , 1 11- 1 10-10' 1 10-10 Canadian 100% . Industries, Canadian 10c 11- tl5c 10-26 $$1.25 12- $ $$1.25 12- 1 common Fund, 11- 2 (quar.) Ltd 12-17 12- $20c $8c 11- 2 10- 9-- 10. 9 11-11 11-13 9-30 2 10-15 11-14 10-15 t$1.12y2 1-15-54 12-30 $$1.25 11-16 10-30 Ltd._— _ Utilities, Ltd., 5% pfd. (quar.) Casualty Insurance (stock dividend) Carolina Power & Light Co. (quar.) 10% 11- 2 10-16 50c 11- 2 10- Products— 9 J /quar.) 4.20% preferred (quar.) Celotex Corp., common (quar.) £% preferred (quar.) Investments, U-30 11-14 50C common 11-14 $25c Co.. 11-30 11-10 10-20 $1.05 , — — 11-10 10-20 37y2c 10-31 10- 8 25c 10-31 10- 8 $$2.50 1-2-54 12-19 9-25 2 Co. ? Mfg. Co. Co. 5% (quar.) — 1 10-15 1 10-15 10-15 11- 1 10-15 Voting 8% & & 9 7 50c $1 12- 1 11-16 11-20 11- 12- 11-20 1 31'Ac 12- 1 12-11 1-2-54 10-14 12- 1 12-15 90c 11- 2 10-26 10-20 2 10- 11-14 10-31 I-2-54 12-16 11-16 10-15 12-29 12-15 c 11-16 11- 2 12-21 12- 4 60c 11-30 11- 6 12-24 12- 4 11- 2 11- 2 10- 11- 1 10-20 10-31 10- 11- 2 10-10 II-16 10-27 50c 10-26 10- $1.25 9 6 9 50c net 10-26 10- 9 30c 10-28 10- 7 in¬ 14c (quar.) 11- 2 10-26 50c pfd. 12-17 12- 3 10- 6 12- 3 11- 9 30c 12- 3 11- 9 $2 —_— 10-31 30c — 12- 3 11- 9 I. C. C. 12-15 12- 4 12-18 12- 11-16 Detroit 25c 10-26 (quar.) Detroit Gray Iron Foundry Co Detroit-Michigan 6tove Co.— Corp. N. 5.56c in ____— or (year-end) income from net Dome 11-16 10-17 11-16 10-17 11- 2 10- 9 11- 2 10- 9 $3 — 2.44c payable security 10-28 10-14 $37V2c 11- from cash, 10-15 10-31 10-23 10-31 10-23 net Ltd. of quar.) (quar.) (quar.)____ Philadelphia Insurance Sterling, 7% (Newark) preferred Brothers Gear & convertible (incr. Pressed Machine, AA 10-21 1 10-21 25c (quar.) 1 11-24 11-16 11- 2 11-16 20c 10-30 10-29 $12'/2c 10-19 11- $1.25 10-15 2 11- 20c 55c 1 10-23 11- 1 10-23 10-31 $$1.12% 10-15 10-31 10-15 25c (quar.) 11- 2 10-22 11- 2 10-22 $1 5% Gar Wood (quar.) Co. preferred (quar.) General Acceptance, common preferred Common Stock Baking 11- 1 11- 1 10-20 10-31 10-19 10-31 10-19 11-16 11- 50c 12- 3 11-12 $1 — 11- 2 10-15 (quar.) 2 25c of 12-15 11-14 11- 2 25c Co. 11-14 11- 2 15c (quar.) 1 2 12- 11- 2 10-15 I-8-54 50c (quar.) 12- 4 10-30 1- 1- 25c (quar.)___ 2 11-20 15c ; common preferred 12- Texas— 5% Co. 10-20 37%c preferred Co., Electric 10-20 56'Ac (quar.) (quar.) convertible 1 62%c pfd. dividend convertible 10-15 11- 15c (quar.) Oil 10-15 10-31 $1.50 (quar.) General American 2 37 %c (quar.) 4% preferred 10-21 11- 15c (quar.) com., 10-22 2 12 %c .__ (quar.) common Industries, Inc., 4%% Gardner-Denver 10-22 2 11- Corp, (quar.) preferred 2 11- 87%c Securities 11- 25c (quar.) $1.50 preferred A (quar.) $6 preferred (quar.) Gamble-Skogmo, Inc., common 5% preferred (quar.) General 1 11- $4 Co. Company, $2 11- 12- 17'/2c (quar.) preferred General 10-15 $0.2156 (quar.) Oil Co., 6% 10-16 10-31 32'/2c common— (quar.) class A Co., Gabriel $1 10-29 10% Industrial $1.50 10-16 1 933Ac Extra Fullerton & 10-15 11- $1 Brush $3.50 11-13 11-14 30c Corp., common preferred (quar.) Class 10-14 12-18 Corp.— Corp. preferred $2.20 10-16 $1.75 preferred Steel 2 10-30 50c s-a) (quar.) Froedtert Fuller 11- 75c dividend 4'/2% 4 75c ; Forbes & Wallace, class B Foster & Kleiser Co Stock 9 12- $1.50 (quar.)_!— preferred (quar.) 12-18 4 75c 10-28 9-18 25c 11-25 11-10 General Finance Corp. preferred series A preferred series C 5% 4% Foods General Mills, General $3.75 $5 (s-a) __. (s-a) Corp., $3.50 $1 pfd. (quar.) 11-25 11-10 87%c 10-30 10- 9 62 %c II- 2" 10- 9 933/4c 11- 2 10- 5 $1.25 Inc 11- 2 10- 5 11-20 Motors Corp., preferred (quar.) preferred General Common * (quar.) Outdoor Advertising Co.— (quar.) preferred preferred General 50c 12-10 (quar.) $1.50 11-16 (quar.) $1.50 2-15 50c 1-2-54 12-15 56'Ac 6% 12-30 12-15 Package General Corp., Public Service, (quar.) com. $6 $1.50 pfd. (quar.). 2 11- 11- 2 2- 1 9-30 $1.37% $4 preferred General Utilities 5% Corp. 9-30 2 9-30 11-16 10-16 11-16 10-16 35c (quar.) 5c Shoe Corp., common preferred (quar.) General 2 11- ! Special $3.50 11- $1 (quar.) Public Steel Wares, preferred Ltd., 62 %c 4%% 10-31 10-20 $25c common. 10-31 87 %c (quar.) 11-16 10-16 10-20 $$1.25 11- 2 10- 5 25c 11- 2 10- 8 22 %c n- 2 10- 8 50c 11- 2 10-15 (quar.) Corp.— 55c 11- 1 10-10 dividend) 4% 11- 1 10-20 $1.27% 11- 1 10-20 .$1.25 -11- 1 10-20 (quar.) General Telephone Co. of California— 5% preferred (quar.) preferred (quar.) Telephone Co. of Indiana— $2 preferred (quar.) General Telephone Co. of the Southwest— $2.20 preferred Waterworks Common payable option— (quar.) Firemen's 53/4 % ao- 12-18 Products, Inc.— Association Foote 10- 9 10-30 40c prior preferred (quar.) & Deposit Co. (Bait.) (quar.) (Marshall) & Co. (see Marshall Field) General and profits ; Mines, in 1 15c 5.10% 8c 10-27 10- 8 45c 12-19 12- 12- 1 11-14 12- 1 11-14 25c 11-16 $17%c 10-30 (stock preferred 4 25c 20c Inc. 6% Field 10-30 $1.06'/* i. General at shareholder's stock Houses. Extra 5 5 50c (quar.) " Dixip Cup Co. (increased Dobbs 10- 11- 25c (quar.) Shares cash 10-26 11-16 25c Year-end Dividend 9 10c Corp. 62'/2c Fidelity General Disher Steel Construction Co., Ltd.— $1.50 conv. class A pfd. (quar.) Divco 10- 37 %c Y Fibreboard 4 5c (quar.) of 1 50c (quar.) Di Giorgio Fruit Corp., class A (quar.) Class B (quar.) Discount 30c Inc.— Corp. ap¬ 12-30 common 20c 37'/2c (quar.) Department Stores, (quar.) preferred (quar.) 4'A% Ferro 6% 12- Co., participating General 12-15 Match 4c (quar.) preferred (quar.) Common 10- 9 $1.12 90c preferred 4c 1 preferred Federal Screw Works Fulton 75c $1.50 £ (quar.)_ convertible $1.20 5 50% Diamond A 7% 2 Denver Tramway Corp./ 1st preferred (s-a)_ Stock Yard (quar.)____ preferred Class 11- Western— to (quar.)__—._ (quar.) Telegraph (s-a) (A. J.;, Ltd., common 35c (subject A preferred Grain, Ltd., $1.40 preference (quar.) Federal Loan (Pittsfield), common Franklin 25c — Denver Union 5<& preferred convertible 2% 62'/2c 683/4c $35c Federal 10-15 75c (quar.) (quar.) Mfg. convertible 5'/2% 69c 20c (stock dividend) com. 2 $2 & Fedder6-Quigan Corp., 5% 10-16 ~ 11- 35c Common Gasket Farrington Mfg. Co.— 5'/2% preferred (quar.) Fate-Root-Heath (quar.) Stores $1.06 proval) > 10-16 ; Franklin 50c — (quar.) (quar.)____.— (quar.) dividend 12-10 6c (quar.) Co 10-16 87% Light Co Grande Rio 25c $0.185625 preferred Brothers 10-16' 37 %C common debenture , Denver 10-16 2 $2 —— preferred A 10-19 35c 2 $50c — Class $1.12'/a prior pfd. 11- $2.50 income) Mfg., 11-13 (quar.) Eversharp, Inc., common (quar.) Falstaff Brewing Corp., common (quar.)— 11- 10- 10-20 $1.25 62 %c 10-10 10-20 15c (quar.) 10-20 Co.— preferred (quar.) Erlanger Mills Corp., 4'/2% 33A% 11- 9-30 15c 62'/2c (quar.) com, (quar.) 32-10 12-15 11-13 10-15 $10c Fluor Corp. (quar.) ____± Food Machinery & Chemical— $17V2c (quar.) Phipps Stores, Inc., 5'/2% Oil Corp.__— Ltd Firth Y.)— (N. com. (quar.)- common Corp., 1st preferred Railroad Gale Terminal Water, Steel preferred 11-14 15c (quar.) Products, 10-20 20c preferred (quar.)___ preferred (quar.). & Corp. 25c 10-31 9 $1.13 (year-end)-— Railway 25c $1.19 $1.25 11- 1 47 %c 40c 5% $1.12'/2 Extra (quar.) Inc. (increased quar.)__ com. 11-16 11- 75c Dodge Mfg. Corp. Ltd. (s-a) 9-25 10- 11- $50c Fibre 15c $5 Ltd. (quar.) Bank Trust 8% 6% Erie Freiman preferred investment $12c (quar.)— Canada 10-30 2 11- $12%c Canadian preference 1 11- 11-16 2- 11- 185C $25c Ltd Ltd (quar.) Tractor 11-30 $31c .. 9-18 >, 1 1 10-29 $1.25 (quar.) (s-a) Co. Mills, (quar.) 25c (s-a) Power 9-30 - Co. & 2nd Fostoria Corp. Stock (quar.) (quar.) preferred Delaware 10-30 (quar.)_ 11- 11- 55c 10c - 7'/2c 37 %c preferred DennLson 10-30 11-16 . Gas Textile Corp., Dean 9 ' 11-16 11-16 $6c , 35c 33c 9-25 Inc.— (quar.) Inc. (quar.) Dayton Rubber Co., common (quar.) r Class A (quar.)_—_— de Vegh Mutual Fund, Inc, (from 9 10- 2 10- 1 51c Deep Rock 11-18 " $15c Carolina B 2 $25c Co., 10-15 11- 10-15 vestment 9-30* 8 11- $$1.25 Refractories, Cos., 4V2 % ' preferred Caterpillar 10-10 $ 10c (s_a) 10-29 45c 10- . Ltd., Investment Oil , 12- 50c ._ Dock. Ltd. Canadian A 10-30 50c (quar.) Canadian Catelli Food ' Fund— & 10-15 75c 50c Daystrom, 10-10 11- common— Canadian-Fairbanks-Morse 5% 1 11- ■ preferred Central 10-31 11- 11- 30c —— Foils, 10-15 2 10-25 Dana 3iy4c (s-a) A; Canadian Dredge , 11-16 25c Cannon Foundry Insurance 2 11- 11-16 Davenport Insurance- Canadian Bakeries, Ltd. (s-a)_. Canadian Bronze Co., Ltd., com. Class 10-23 10-23 35c Canada Safeway. Ltd., 5% 1st pfd. t'. 5% .'" 2nd preferred (quar.)____ Class 1 1 ;__ ■"^From investment income) fcanada Northern Power Corp. Ltd. *■", 5% 11- 25c — Life 11- 15c Dallas _:____ — 10-30 i Curtiss-Wright Corp., class A (quar.)— Dallas Power & Light, 4y2% pld. (quar.) '' $4.24 preferred (quar.) ;/ 5 11- 37%c common _____ 10-23 62 %c Curtis 10-15 50c ___■—_—— ______ Wyant & Fire Extra Canada Co., _: 7 $1.17 ____^ preference common (quar.) Federated ____'_*—1 Press, 3y2% Cunningham Drug Stores, . $1.40 Stock Telephone (quar.) $1.20 • 11> 433/4c — preferred 12- 11-16 $1.07 _______ -— Cuneo Insurance- (quar.) ____!_ v___—_____— 7% preferred (quar.)—'___—____ California Packing Corp. (quar.l_ $1 10-15 10-22 Royalty Oil Crum & Foster. 10-15 1 ___ Common California 1 5 $1.37% (quar.) Craddock-Terry Shoe, 5% pfd. (s-a) ClDwn Cork & Seal, Ltd. (quar.)— 10-15 $20c (quar.)_ Co., (quar.)—l.„_____ 11-16 11- 10-25 Exchange Quarterly 10-15 11- 3 $10c Corn Products Refining Co., Cosmos Imperial Mills, Ltd. 10-15 11- $37c 12- (Toronto)— (extra) Corn < 9 $20c 10-15 11- Ltd — 31'Ac (quar.) Heating Forge Fire (quar.) participating 4'/2% 10-31 $1.75 common (quar.)____; 10-20 5 Continental Gin Co. 10-15 37%c 12-18 11-14 Power Continental-Diamond 12-11 10c 12-30 11- 25c of America, com. (quar.)__ (quar. Continental Copper & Steel Industries— 5% preferred (quar.)— 1 50c 12-18 - 11-13 12- 12-31 12 %c 12-31 12-10 • 2nd; partic. $1 Natural 10-12 1 10-22 44c (quar.) A 4% 10-19 11- 10-28 $1.06'A 20c 17'/2c (quar.) Empire District Electric Co.— 5% preferred (quar.) 5% 2V2% (quar.) Elastic Stop Nut Co. of America (quar.) & Williamsport RR. (s-a) 4'/2 % 37 %c (quar.) 1 preferred preferred Container ' 11-16 L-15-54 10c _: $2 Consolidated 9-30 11- $1 — preferred 10-15 $37 %c preferred $2.04 5% 11- 11-14 20c (A. M.F Co., common (quar.)__—____ Byron Jackson Co., common (quar.(_____ California Electric 10-30 Consolidated 5 10% preferred-(quar.) Ltd., 12-15 Consolidated 5 11- $1 (quar.)_——____!__— Caldwell;: Linen Mills, $1.50 .1st 'preferred 10-20 common __ 11- 50c (quar.) : Corp. 11-14 12-31 Consolidated Dearborn Corp. (quar.) Consolidated Edison Co. (N. Y.) — $5 preferred (quar.) Consolidated Gas Co; (Ga.) (initial) 8 8c —. 4% 10 14 Corp.— & $1.50 8 10- 20c Co._ (Los Angeles) 10-14 2 5c Association Class - 12-21 10- 10c ______: __ 11-16 2 11- ^___ —. Elmira Farmer (quar.)._(_! Light Co. Erie 30c 25c dividend) dividend preferred & 5c Co.; life Products Stock 4'/2% Millwork 11- 2 $40c Co., Co. Empire $2 Gas Brothers Enamel 11-30 10-30 10-27 11- 20c 10-22 12-16 —._ $40c 25c preferred 11-16 12-16 10 10-30 $25c Corp 1 2 1 $10c Ltd. Industries conv. 2 2 10-15 11- (quar.)_ (quar.) 11- 1- 1 (quar.)__ common (stock Co., 121- (resumed) (quar.)— Consolidated Chemical Industries, 10-30 10-29 4 realized v.::$l;90'/preferred 15c Bush, Terminal Co. $3 • 10-15 10-29 $1.25 Byers 80c i > 10-2 . 12- ■ - 10-15 2 11-16 1- $2.20 2 37V2C (s-a) Co .Extra 7% 11-13- 10c , 95c —_—— Burroughs - (quar.) Machine Forge Bullock's .11-25 $50c ____________ Corp. (quar.)__ 1-2-54 10-20 $20c Quarterly 10-10 50c (quar.) Products Buck 1930 Ltd. 10-15 11- Ltd.— Emhart Mfg. Co. 11-15 2% % National Confederation , 7 income (year-end) Corp.;' preferred Conduits 10-23 Newspapers, Inc.— Buchanan Hill 11-15M;'110-15 $50c — Brooklyn Union Gas 5y2% 2 20c 10- 65c Inc,__— Natural 11- 20c .__ Brush-Moore Concord 10-23 tlOc (quar.)__ Brockway Motor Co., class A preference B Fund, 2 +xuv Ltd.—— (quar.)_ preferred Class 10-15 Concord "' 11- V 10-31 50c preferred 11- Brockton Taunton Gas Co.- $2.80 10-30 tlOc _____— Forest Stores, Ekco 53c since Co., ; Test 6% 10-30 87 %c 4 y4'%". preferred j (quar.) ,4.65% preferred (quar.)^_ Combustion Engineering Inc. (quar.) Commonwealth Edison Co., com. (quar.) $1.40 prefered (quar.) $1.32 preferred (quar.)_____—_________ 11-17 68 %c : . Columbia . 10-29 12-1 $25c B,_— British (quar.)_____ (quar.) Broadway-Hale Edgar 10-19 $1.12% dividend 70c —.— Bourjois, Inc.,-$2.75 preferred Bowling. Green.Fund : (quar.)— Brantford Roofing Co., Ltd.— Class Pictures $1 _________ . .•Class 50c ___ Rubber 10-19 2 3c Linoleum 1 $25c '. ; Co. 10c (quar.)__,___ :___ Columbus & Southern Ohio Electric Co.— 12-15 11-13 25c — & $4.25 repre- ^ (quar.) Hose 2 11- — (quar.) common 11- (monthly) Stock approxi¬ 18c Inc. (quar.)*. Columbia ordinary (quar.) , Corp.,. preferred Boston A Co., (s-a) Fisheries 4% & 9 2 35c Louis 10-30 11- $40c Eastern Ry.— (monthly) 6%: preferred (quar.), 2 11- Duro 10-22 12-15 10-30 11-13 $20c $37'/2c 25c preferred 11-20 10c & Chemical, 10c from 23c 5% 10-15 11-10 10-20 $30c 1 Paper 1 12-31 10-20 1 11-25 ' Extra $1.06'A ______ Ltd,_ Ducommun Metals & Supply Co. Duriron, Inc., common (quar.) 1 $1.12% investment of Oilcloth Chemical 11- 6c from 30c Dow 12- /monthly) Malting Co., Monthly Monthly Monthly 11-16 50c 1 11- Dominguez Oil Fields Co.— 1 10c 11- $40c (quar.) Extra 50c (quar.) Common 2 12-24 12- 10c Southern & 7 $1.25 preferred ./quar.) Products C,o._______ 4% 2nd preteried Columbia Gas System 2 25c 12-16 25c ________ 10c 31'Ac Dominion Steel & Coal Corp., $1.75 _— com., payment 11-25 1- senting part of ,the undistributed net long-term capital gains realized in 1953 , Blumenthal First 11-13 $62%c 10-10 50c : Colorado ; 11- — 10- 1 ■'« common distribution 10-23 11-16 1 11- Inc.— of a 12-10 5 11- 20c St. preferred Dominion Tar & Dryden 87 %c . 7c representing undistributed net the income 10-23 ______ of mately . 10-23 10-23 (monthly) Fund, 11- Mutual-Fund,- Inc.— Distribution 10-21 10-31 gains 10-21 20c — 11-16 Illuminating Co.— Breweries and 62 %c — —_ 5% (N. (quar.) 11-20 10-31 (monthly) Year-end 25c com. ■ 12-14 Holdert Payable of Rec. $40c 2nd conv. 10-15 10-31 convertible ; Colonial 10-21 10-31 11-16 25c _________ Blue Ridge Insurance Blue Ridge 10-15 10-31 15c (quar.)__ W.) Co. ,(quar.) Brothers,Tobacco Co., HVpi preferred (quar.) Corp., 1 11- • 50c .- (quar.)—— (E. Ribbon 10-15 5c common Bloch Blue 10-16 10-31 30c r« (quar.) (Phila.), 11- 11-20 — (s-a) common Quarterly $1 Colgate-Palmolive-Peet Co., com. (quar.) $3.50 preferred ; (quar.) _________ ,_' Coghlin (B. J.) Co., Ltd. (quar.) 10-20 11-2 15c - (quar.)—1— Bishop 11- 20c (quar.)______ Dominion 10-31 Extra'________ 10-20 10c preferred.' (quar.)____-._— Best &, Company (quar.)_^_—^___—________« Birtman Electric^ Co, Blauner's > -50c " ___ Benrus Watch Co. (quar.) Berland Shoe.Stores, common 10-22 $1 preferred Foods, Inc„ Aluminum Coast -. 10-15 11- ' $1.50 _____ _________ __________ (quar.): 2 15c (quar.),, i preferred (quar.) 4V2 % .r 12-14 11- 75c Electric Common 3 ' *- (quar.) L.) Common 3 12- 45c $3 prior pfd. (quar.)__—: 11- 2 • 10-14 1 V$25c Corp.: (quar.)____l— BaauxrArty,Apartment, Dominion (quar.) (quar.) Co., (year-end)___ Inc Neon, Clinton 10-15 11- t50c _ ._ 10-22 12-14 & Corp., (quar.) Bridge Co., Ltd. (quar.) Dominion Engineering Works Ltd. (s-a) Dominion Fabrics Ltd., com. (quar.) 2 50c (quar.) preferred When Share Dominion 11- 5% Common . , Baystate (D. 5% Company Finance 12-11 ((quar.) Cincinnati, Chicago & Ry. Co., 5% preferred (quar.)_ 10-16 20c Corp. (quar.) ,(quar.)__—L___r. 10-26 Gas convertible $4.50 55c Bathurst Power & Paper.Ltd., class'A (quar.) '..Class B i 11-27 Name of 2 11-16 —____— Cleveland . 40c from Extra __l.____.-_ 1— Bates & Innes Ltd., class A (s-a) Bath Iron Works ICorp— 12-18 series) common (1946 Per > Domestic 12-10 10-16 10-13 21c (quar.) (quar.)_ '*Cleveland, 10-15 • _____:—1 Co. - 5 11-14 — B»ldwin-Lima-Hamilton Baldwin Y.) (1947 A Claude (year-end) 9 12 %c com. Electric, com. (quar.) City Auto Stamping Co. (quar.) City Baking Co., 7% preferred (quar.) City Stores Corp., common (quar.) 10-20 6'Ac (quar.) income and Corp., preferred preferred Class 10-20 30c Inc. gains „ 10-20 11- ______— 15c from investment ... 5 10c — "B," (N. 10-27 5% Monthly Axe-Houghton Fund Bank 4 2 35c _______ 11-10 (quar.)____ pfd. 1- 10- 10-31 1- 37 %c Holdert Chicago & Eastern Illinois RR.— (quar.) conv/ _____ 11-16 (quar.)_____ Tools & Machines, Inc.— prior preferred (accum.) Ayondale Mills- (monthly) _/______ 55c (quar.) Corp., 10- $25c AVildsen National Cincinnati common ' 2 11- $1.12% — 10-14 (quar.) & dividend Cherry-Burrell ; 17V2C $1 Service Co._ 31,/4C Powder Co.— 4% Chase Public 11- % C 12- 1 t55c (resumed) (quar.) 20c (quar.) (quar.)____ Electric 10-28 (s-a)__ com. preferred 11-13 11- (Texas) — 15c 933/4C pfd. (quar.) series) Chesapeake & Ohio Ry. 3y2% convertible preferred Chicago Corp. (quar.)—.— (quar.) Atlantic Wholesalers, Ltd., 5%% Atlas Plywood Co. Light Co. Vermont Stock $1.25 iquar 1 Refining— 3.75% Central Century 11-13 & preferred 8 8 $2.50 common _ non-cum. 4% Power 10- 12-11., Gas & preferred 10- $1 Line Extra. 5% Atlantic 10-8 * When Payable of Rec. $3 Electric Central preferred (quar.)_—:___,— (4.3 5% preferred (quar.) (4,35% 2nd preferred 50c (quar.) 10-30 3 (s-a). (quar.) Central Illinois Securities, $1.40 pfd. $1.50 preferred (accum.)— 12-15 , Share Coke Special 4j/2% $41 & Central Hudson Gas & Electric Corp. Central Illinois Light Co., common 84% Atlantic Coal Central arrears Atchison, Topeka & Santa Fe Ry. Atlantic City Electric Co.— Central „ (interim)— additional share of !* ordinary regular one pound par for each ../-share of ordinary regular held) Associated Telephone & Telegraph Co.— Class H older» Payable of Rec. Industries, Ltd.— 5% preferred 2 9-30 ' ' Gillette 11- (quar.) (quar.) (The) Co., $5 : preference Glatfelter 4%% 50c (quar.) (P. (quar.) H.) preferred Co., common (quar.) (quar.) 12- 5 11- 2 75c 12- 5 11- 2 $1.25 common Extra 11- 2 10- 1 25c 11- 2 10-15 56'Ac 11- 2 10-13 40 The Commercial and Financial Chronicle... (1610) Globe-Wernicke 7% Co., preferred Goodall Rubber Co., $1.75 (quar.)__ common 1-2-54 15c __ __ 12- 12-15 11-16 3.80% 12-18 2 15c preferred (s-a) Goodyear Tire & Rubber 12-15 12- 11-16 11- preferred (quar.) 4'A% preferred (quar.) 2 (quar.) 75c 12-15 $1.25 12-15 11-16 (quar.)———com. (quar,) t50c Kellogg Co., 11-16 preferred (quar. Goodyear Tire & Rubber Co. of Canada, Ltd. Co., coin, $5 preference 4% 4%% . preferred (quar.) Grafton & Co., Ltd., class A 10- 10-31 11- 2 11- 2 10-20 (quar.) 10-10 25c 25c ment $5 7c Oil Kirkland 10c 12- 11-16 Kobacker Stores. 10-15 Kress Corp 10-16 10-26 SI.25 $1.25 - Lake 2-20 12-10 10-23 11-25 12-10 (quar.) HOC — Class Brothers Co.. Cementing Quarterly Hamilton 571 Ltd.. common Cotton, preferred preferred 5% Oil Hancock Class Hanna Harris Hartford pid. Electric preferred 5V JHaydock", Fund Hayes Hecht Company, 3%% 1 OHifcbee Co;, 5% 1 10-20 Lees & 1-20 Hinde & Hines' (Edward) Dauch 10-15 1 10-16 10-20 Hormel #% / Life 10-31 10*26 10- 2 45c 10-31 10- 933Ac 10-31 10- 8 Lincoln $1.25 11-14 11- 2 $3.50 (quar.) Lincoln 9-39 & Horn & Hardart Co. Home 2 10-15 " 2 10-15 10-15 1-4-54 12-15 8% 12- 1 11-13 i 11-13 11-25 10-23 11-10 10-30 115c 11- 1 preferred Corp. 11- 2 2 10- 3iy+c . 2 10-20 11- 2 10- 25c 11- 2 10-16 11-16 11-16 10-31 Lyon 25c 11- 1 10-9 Macy 30c Investment Co. Illinois Brick 4V+'/o (R. H.), Power Northwestern 12-15 11-16 Nunn-Bush 10-31 10-21 11- 2 10-15 Mailman Corp., 12- 1 11-10 4% preferred of 35c) 10-24 50c 11- 1 10-24 50c 11- 2 10-10 87%c 11- 2 10-10 12- 1 11- 2 81'-' preferred 50c 1 10-15 Mar-Tex Realization 2 10-20 Marshall Field 12-18 12- 12-30 12-19 Massachusetts 10-29 10-15 Mathieson 11- 4 $2.10 15c from 2 10-16 10-20 11-2 10-15 10-27 10- 1 12-1* 4-1-54- 11- 2 10-16 11- 2 10-16 McCall 55'Ac 11- 2 10-10 (quar.) 58%C 11- 2 10-14) 25c 11-20 11- 2 6% 12- 9 H0 CI 11- 10-15 Parke, 11- 2 10- 7 preferred (quar.) Melville Shoe Corp., common 4%% preferred A (quar.) 125c 11- 2 10- 2 Mercantile 15c 11- 2 10-15 deposit receipts (interim) Imperial Tobacco Co. of Canada, Ltd.— (quar.) 10c : 19c from (10c . ordinary 11- 2 10- 7 from .<1.40 and 6c from and 15c $2.-50 - . 10- 1 1 50c $1.75 130c 10-19 Minneapolis 12-15 Minnesota 1211- 1 9-30 2 Minute 11- 2 10- 5 t8%c 11- 2 10- 5 30c 11- 1 10-15 35c 12- 1 (quar.) 11- 2 10-14 2- 1-15 1 37'Ac __________ _______r___ 25c 11-2 11 2 - 10-19 $6 lironrite, Inc., 55c 13%C Heintz, Jantzen ; - :$%: (quar.) (quar!) cpmmon __ L. 15c (quar.) Knitting Stock 5% Inc., Mills, dividend preferred 50c Steel Jtewel Tfea" Co., Johnson (Initial 3% % pfdt - 4.8076 Monroe Royalty, ;'J»hn6ton Testers, , $3.85 $6 11- 10- Permanente 2 9 11-30 10-31 12- 1 11- 2 11-16 11- 2 11- 2 1-4-54 1 11- 2 12- 1 11- 2 12- 1 11- 2 11- 1 10-22 12- 1 11-13 12-15 11-20 25c 1111- 1 10-15 11- 2 10-20 10-28 10-15 10-28 10-15 12- 1 11-13 11- 6 10-13 11-16 11- 11-16 10-31 $1.06 V* 10-31 10-20 11-10 10-23 50c 10-31 10- 2 10-30 10- 9 12- 11-20 1 10-15 Moody's 1 10-15 11- 1 10-15 5 11-25 11- 1 10-25 Morris 11- 1 10- 1- 4 12-15 11- 2 40c & Investors Plan Corp; 2c 11- 1 10-20 .30 11- 1 10-20", 9 Mount Diablo (quar.)_ pfd. 10-16 $1.15 2 12-15 11- 2 10-15 12-15 11-10 11-2 10-15 11- 2 10-15 $1.20 pfd. C 11- 2 10-15 (quar.) 34%c< 12- 1 11-25 (quar.)___ 62yzc 12- 1 11-10 12- 1 , (quar.) 96'Ac (quar.) 40c Machinr & Cement Gear Co. — _____ (quar.) 11- 2 12-15 $3.50 convertible Randall Co. Concrete 2 Owl 2 20c $1.25 65c 10-30 10-30 12- 1 . 10-15 Munising ■ Paper, 576-' 1st preferred" (quar.) L_ 35c 12-10 12-1 Narragansett lm,. 12-18 12-. 1 If a than Straus Duparqyet,;xhc;; (quar.)__,„u pfd. (quar.),_ Stores 4 11- 11- 1 10-16 11-16 11-10 11-30 1WO 4 10-15 10c 10-20 11-2 11- 1 _10-15 . 10-21" 9 10-15 10-15 , 1st preferred 8-10 11- 5 1- # 10- I 10- 9 10-16 11- 5 10-13 10-13 10- 5 1 ' 12-15 10-23 * 10-15 11-13 11-13 .11-13, 10-15 Co: (quar.)%——' _%_ ' 12-14. 10-25% 10r25" . a . 10-15 ^ 50c 11-12 .25c. (quar;* (quar.) 10-15 _ r 37%c ^ 75c- .11- 2- ^ Pile 10-2#: 11-, 2-, 11-23 1- 2 11- 1 (qpftr.) —87'Ac Class B (quar.) , 11-14 18-31, 11- 2 11- 2 10-15 (Canada) Ltd., 10-21 10-21, ^ 10-21 _ Renold Coventry, Lt(L, ciass Ar tquar.A—__ Extra 7 *.* Class B (quar.)., 10-26 10-26 ; 11-1 12-15 10-<15 ^ 12- 5' —:'s—V. 50c%. 12- 5 - 10-25 12-15 45C"" l-2-54 Republic Natural .Gas Co." (s-a)'—A. —_ ». 7 (75c Republic Supply Co<, (Calif.) 1___—A 35c Resistoflex Corp., 5%' canv. pfdF"(qttar.)'A_; 12»Ac Reynolds Tobacco (R, 3. >, * commoibr'^(quar,)1 * "• 10-23 11- 2 10-31 1-2-54- 128c " , 12-1* 10- 10- 9 . 10-21 12- 11-30 10-5 10-15 Reltman's 6 12-11' 10- 9 11- 2 11- 2 10-16 56'Ac, 6 common.———$10c 5% preferred (quar.) ,^.t25c Reliable Fire: Insurance Co. (Dayton, Ohio)— 7 *." Quarterly : " 35c Reliance Electric ,8c Engineering Co.__—_— 50c 1 2 11- 12-1$ 11- 2 11- 11- 10-25 10-25 11- 2 11- 2 5c 25c 10-1$ t Extra 2c 10-29 10-13 10-13 _ 2* 9 $3.50 10-15 50c 1110- • II-1* 25c* 11-10 10*30 12-19 , 11-25 11-2 10-31 Corp. (Mass.) SL76 pfd. (quar.)— $1.25 (C. A.) Co., class A (quar.) —50c% Extra. 50c 17 %c 10-31 • 50c 35c 11- Reece * 1 10-25 (quar.)__ (quar.)__ 11- t20c"' 11-25 12- 1 11-2 11-1 Quinte Milk Products, Ltd.— A ;; .J ^ Participating class A (quarJ._________A__*A/+45c;. Radio Corp. of America, common;.;.: 50c.,. 11-10 6 50c (s-a) 11-20 ' 12-1 12- 1 , 10-15" < Red 11- 10- 10-2# 10-2# ——.— 10-12 56Y4C (quar.)__ - _ 12'Ac com. 10-25 10-2# — 10c of America, 10-15- , 11- 11- : HT- 9 *• 1 (quar.) —_— Raymond 11-16 . 10-15 11-15; 11-15 11-15 11-16 40c " ; 12- 3 f _ - . 11-13:; ______ Reading Co., common 75c* 10-# 25c 11-2.. V, / Reed i 10-35 11*13 .10-30 1-2*54' ) 12-15 25c 33c 32.%c t75c f$1.50 ; 12V2C 57'/2C 62'/2C. $1.06 $1.06'A 40c —— 11-10 1 10-22 A 10-2811-13 , , . 10-15 ; Philadelphia Dairy Products Co. . $4.50 1st preferred (quar.)—; $1.12Va 1-2-54 $4 non-cum. 2nd preferred (quar.)__—$l-:l-2*54 Philadelphia Electric Co., 4.68% pfd. (quar.) $1.17 11- 1 4.40% preferred (quar.) ; ;— $1.10., 11- 1 4.30% preferred (quar.): $1.07%, 11- 1 3.80% preferred (quar.) 90c '. 11-1 Philip Morris & Co., Ltd., Inc.— ; 4% preferred (quar.) $1 11-2 3.90% preferred (quar.) 97'Ac 11- 2 Phoenix Glass Co. (extra). I ; 10-25 Pillsbury Mills, Inc., common (quar.) 50c 12- 1 $4 preferred (quar.) ;$1 1-15 Pioneer Petroleum (s-a) .; r_ 17%c11- 1 Pittsburgh Plate Glass Co i—; —35c 11- 2 Pneumatic Seale Corp., Ltd ; 40c 11- 2 Portland Gas <fc Coke (quar.)__—_—7' 22%c 11-14 Potomac Edison Co., 3.60%' pfd. (quar.)____ " i J 90c 11-1 4.70% preferred (quar.)—_—. $1.17'A 11- 1 Pratt, Read & Co. (stock dividend) 1076% 10-19 Price Brothers & Co., Ltd.— • * * 4% (s-a)__—+$2 1- 2 preierred Procter & Gamble Co. (quar.i ; 1_A^ 65c 11-14 Public Service Co; of Colorado,. cohi.: )quar,) 40c 11- 2 4V»% preferred (quar.) -— $1.06% 12- 1 4.2015? preferred (quar,)__ :_—_ - $1.05 ' 12- 1; 4y2% preferred (quar.) $1.12%. 12- 1 Quebec Power Co ; kt--,* 430c ., 11-25 17'Ac (s-a) Electric. 4Mj% - - -10-15 . Phillips-Jones Corp., common— 5% preferred (quar.)———_ Phillips Petroleum Co. (quar.) 10- lc preferred . — 10-27 Service— __i Co. — ; $1.50 common, 15c V*-, 10-16 1- $1.12'A Mount Royal Rice Mills Ltd..(quar.)' Mount Vernon-Woodbury Mills 7%. 2 10-30 $1.10 (quar.) Extra • 1 tsoc common series 11- 5c $2.25 preferred (quar.) Motor. Products Corp. (quar.) 10-19 93%c _ 10c (quar.) $3 participating preferred, (quar.) Montgomery & Erie RR. (Sra)_ (John) & Co. (quar.) 12- $1 .___ 100% 4 $1.50 5 V2 % (quar.) Erie Ry. Montgomery 11- (quar.) Co. 10-25 10-25 % . r 12- 28 %C pfd. Paper Society, preferred 12-15 15c Vegetable Parchment Co. (quar.) Gtoek;' dividend ; - preference Year-end Inc Kalamazoo 10-15 Perkins 4% (quar.) (quar.i Montana Power Co., $1.25 — (quar.) common Loan 10-15 ' Ranch 11-2 15c Morrell . quar%)__; jExtraA— Extra 6 6c (Robert), Ltd. (s-a) Monongahela Power Co., 4.40% $1.05Y4 (quar.) B (quar.) Co. 10-15 11- $1.10 1st preferred (quar.) 1 11- 20c (quar.) Jersey Central Power & Light— 4% preferred (quar.) Jessop 10-15 2 12 %c prior 1-2-54 10% common __l A preierred 2 $1.22'A Mitchell 10-15 10-15 preferred 1 50c common preferred preferred 10-15 j30c ;12- 1_ 22^Ac 12-15 37'/zc; ;ll-.5 ' • 35c10-30 t25c 11- 2. / —_— . (stock div.) > - _ Pennsylvania Power Co., 4.24% pfd. (quar.) 4.2576 preferred (quar.)—: Peoples National Bank (Brooklyn, N. Y.)__ 10c Monsanto. Chemical Co., 1 & 5% 9-30 45c (quar.) Light (stock dividend) Corp., , ; 11-" 2 ,^ * A,,. , (quar.)__—— common (quar.) preferred (quar.) preferred (quar.) 11- - preferred (quar.) Dry Corp. (quar.) Mississippi Power, 4.60% preferred Mississippi Power & Light— 10-19 11- preferred Maid 4.50%' 10-30 4% 10-26 $1.18% Mission 11-10 35c $1.09 -Jack 12-11 11- (quar.) (quar.) Co Ontario Minnesota Power & t$1.75 35c Gas & : , ^ 1—I— Penman's, Ltd., 6% preferred (quar.)_ Penn Fruit Co., common (quar.A $1.06'A (monthly) 11-5 Jlowa,. Illinois Gas & Electric Co.— "$4.36 preferred (quar.) conv. $1.30 12-31 45c Co 8c Rhoads, 4V4% 2 1-15 $1.60 (quar.)__ Rhode Island— (q u ar.) 11- common., . 11-1* 15c Laboratories Miller $1.12% (quar.)__ preferred preferred Participating 11- from (quar.) com. preferred 10-15 12- — Middle States Petroleum Corp. Midwest Piping Co Miles pfd. Co., Corp., Co. of 2 25c (quar.) Holdings, Ltd. convertible 11- Fund— 4'A% Utilities 11-30 : - Drilling Co. of Canada, Ltd._______ Peerless Casualty (New Hampshire) (quar.) preferred {'• 11- 2 1 Co. 10-17 Electric Co. Abrasive & - 10-22 25c 7'Ac ^'ir-5c (quar.) adks.zzzzzz.z.iAZ' 1 t25c 4.40% preferred (quar.) 4.90% preferred (quar.) : Meyercord Co. (quar.) Michigan Steel Tube Products Co Mid-West profits) income net Investors Trust , 3 25c Harvester convertible -•<1.40 11-2 Davis . 10-1# 12- Corp.;,common^~^;'iAi^' hon-cumulatlve preferred rts-a) ri A 2 10% Extra (Interim) International Nickel Co. of Canada, Ltd.— (*i% * preferred ($100 par) (quar.) 1% preferred ($5 par) (quar.) International Packers, Ltd. International 10-15 12- 10-1* 1,1- 2 - 5%: 4Jfidv- (qua6r'. )* ^' $1.25 11- " ^preferred International 1 " " 11-10 — 12- 2%% Inc. Co., (quar.) Telephone Co.— preferred (quar.) $1.32 prefei-red (quar.)____ t50c (quar.) com. (quar.) Co., Light Peninsular 10-15 10-30 22c dividend & v 11-2 10-15 10-31 t$1.25 Vi % Michigan Gas Fund: income Growth Interchemical Corp., ,7% 2 12- 1-2-54 Ltd.— Foundation Institutional ; 11- $2.25 "—$3 security profits realized security International (year-end) _ Institutional > (quar.) Ltd., Co., common Stores 11-21 12-1(1 Parker $1.06'A- t$l Stock 4 » 10-15 *10-15 12-10 12- 1 $1.50 Park 8c Tilford Distillers Corp. 2 1 Extra Ltd.— 10-13 10-15 % .-ILSOX; Co., common_^_;_—i_—L— preferred conv. % % . 10-1# 11- 2 . .,^$1.25,: Sheraton 1 30c preferred Co 10-15 — —-~S-~—-—— l tl5c preferred American ^ ; 75c 4.70% Shares, 4 11- 2 ; Power & Extra 12- Mclntyre Porcupine Mines (quar.) McKay Machine Co. (stock dividend) Institutional 1 . 10-15 quar.)—2j 1 <,•50c11-16 $1.30 ^fd.^fquaT.*)—-^>^32%c • llv 2 Mills, Ltd., 6% preL .11-1 Park Chemical 11- (quar.) Corp., 10-15- (initial Packard-Belt Co. Park 10-20 5 10-15- 11-14 $$1.73,11*1*: ____„_ tl5c McColl-Frontenac Oil common 12- $1 $1.06'A 10.-10 (s-ai < 62 %c (quar.) 10-10 Mead 10- 10-2O» Public Service, Pacific 5% Co., $3 preference (quar.)__; McCabe Grain, Ltd., class A (quar.) Class B (quar.) 10-10 (quar.) 10-2® preferred (quar.)— l'_'lA;' 31''Ac 11- 2 Pacific Lighting Corp.— "v •' Common (stock ■ dividend10.076 ^ vll- Q.y 3-20 tl- 2 $3.50 Maytag Corp. 11-1S 10-2® \ (quar.)____ ___.— Common ; 1-1-54 income) 2 Co., 10- 7 Corp. 10c _ 12-21 10-31*. 5f)e • _______ 4.60% 2 Rand 1 52 %C 11- preferred 11- 1 Trust— 11- 6% 10-16 62 %C (quar.) 11- 2 •Extra 2 5c 55c Xngersoll 10-16 11- 50c 15c Corp. 12-22 11-2 56'AC 51c Brownhoist 2-18 #2%c (quar.) investment preferred 11-2& 12- 1 10-30 37l/2C , Company Pacific Finance Corp., 5 76 1-2-54 $1 11-16 414% 10-16 10-15 $1 --20c - ----- 4 *■ 10-15 ';•'*• *$1"" (quar.) A Co. Elevator Pacific (quar.)_ 55c ' . common Outlet' $1.35 .. (quar.) Investors Chemical 12- 10-1512-10* ^ 25c; f' 11- 2 Common Pacific (s-a) Co. prior preferred (Quarterly 100% & class 1 10-15 « B Common Maryland Casualty Co. 4tVa % (quar.) Co., 4 10-20 10-16 11- 2 11- 2 10-30 15Cr (quar.: common.;— Electric & $1 & Co.— convertible preferred 2 11-10 Co. Holding, preferied Otis 25c (quar.) 53'Ac "Industrial 3-10-5* preferred 476 10-22*. 11- 11- 2 Onondaga Pottery Co. (quar.)—_—"? 25c Ontario & Quebec Railway 4STa)-ii;_i——• ;; t$3 Ontario Steel Products Co., Ltd., coramon™, r. t20c1 11-19 „ Shoe conv. 7% 15c (quar.) (quar.) preference 12-10 , 11- 2 i,- Utilities, Gas 2-18 ' 10-16 25c , — Service Class ' * 10-30 5c iquar.)__ 11-19 12-10 50C (quar.)_ (quar.) (quar.) 4% 2 10-21 11- -1 1 $1.10 #1.10 3-10-54 — 283/4C - 25c (quar.) —_— Oliver United Filters Inc.— 1 1 11- 10-16 Okonite Co. (quar.)^ —! ^ -50c *11-2 Oliver Corp., 4*/2 76 preferred (quflK)--—$1.12% x 10-31 11- . preferred Zinc 11-14 pref. conv. .' Oklahoma 1 12- — $1 Imperial Chemical Industries, 12-15 Ohio 9-30 $2 (quar.)_ preferred B (quar.) Ltd., 5% preference 12- (year-end) common 12- Mallbry (P. R.) 11- (quar.) Co., 10-30 12-15 IOC preferred .Illinois , 10-20 ____________ 14.42% i 1 — -4.06% , 11- (Fort- •4.26% s. $1.12% (quar.)_____ preferred A $1.25 ; Illinois Extra $1 5% 11- (quar.) common Extra 10-15 $1 Product^, Metal 30c (quar.) Co. 2 $1 (quar.) 5% $1.25 _ Co., 11- 60c income $1.06'A & Door Co.— preferred (quar.) Hygrade Food Products Corp.— Common (stock dividend) Hydraulic Press Brick Co "5% preferred ClasSfcB 1% 10-19> 10-15. $1.25 Dock, $1 (quar.) 75c $1.50 Railway Co. (quar.) New Hampshire (quar.) of 10-16 _ 37'Ac . pfd. RR. 10-26 10-31 $1.50 (quar.) Pacific 37'/2C Engineering Co., class A (quar.)__ •- Louisville & Nashville RR. 62'Ac (quar.) Northern Northern Airlines, 4.6076 —____ __ ; Extra (quar.)__________—________ Louisiana State-Rice Milling Co.— 7% preferred 1 iquar.1 Corp., common (quar.)__ convertible preferred (quar.i Northwest 5%»• preferred (quar.) common $4 11- Co. (quar.) tquar.)— com. Northwest tquar.) Lorain Coal & 10-16 50c common 11-13- adj. pfd. (quar.)— 10-15 _ Boston 'Theatres from 6 (quar.) Corp., 10-15 Island Lighting (Increased quar.) Loomis-Sayles Mutual Fund (capital gains of $1 payable In stock or cash and year-end 10- 6 11- 5% preferred 35c 15c 25c 40c 50c 85c 20c quar.) 10-15 (quar.) Co., common (quar.)_, 471/aC 9334C tquar.)__ com. Illinois 10-15 25c Co. Insurance 11- 2 12- 1 11- 2 11-15 1- 2 11- 1 12-24 11-10 12-10 1- 2 12- 1 11- 2 11- 2 10-27 10-31 11- 1 11- 2 5c 10-30 Long 10-20 25c Gas, Ry., 4 76 Gas 10-15 40c Extra'" 37 %c $1 40c iquar.) preferred 10-31 tl5c Life 10-2L Inc.-: 10-30 (year-end) Corp. 11- 2 interestA____— Co. Car 11- 25% Printing Loew's 12- Shore & Corp. 30c Lock.Joint Pipe Co.— Huttig Sash Power $1.50 Ltd; 30c 4% 10-15 (quar.) Indiana) 25c (quar.) 96'Ac pfd. (quar.i preferred (quar.) 4Vi % 10-30- 93%C 11-2 11-2 10-31 11-15 11-15 11- 2 37V2C 60c 10-30 (quar.) $1 —. Extra Idaho 10-31 2 10-3L $1.18% 75c Miami RR., original Original Special guaranteed (quar.)__________ Special guaranteed (quar.)_ 40c — Co., 2 11- ' 30c — V Northern (quar.) (quar.) 50c (extra) Refrigerator 10-15 3.85% Sons, Corp., Lionel 10-2* 11- 12 %c ._ 4V* '/< preferred (quar.) Humberstone Shoe Co. (annual) "Hussmann 10-31 10c National Wayne, 10-15 < 11-, 2 $1.25 (quar.) (N. Y.) Corp., 11- 15C (Joseph) Co. (quar.) Lighting & Power, Stores 15c Little Houston Howard North - 11-14« 53'AO- (quar.i__—! A Corp. Link Belt Co. (quar.) (George A.) 10-15 8 , Share convertible $2 2 pfd. iquar.) (increased Cloth American 10-31 dividend Savers 15c (quar.)___ preferred Stores 30c Mfg. Co., Ltd., class A—— Corp., common (quar.)_ convertible preferied (quar.) Holt (Henry) & Co. (stock dividend) Holly Stores, 57' -preferred (accum.) HordeFs Inc, (James» Stock North Co. Co., preferred 10c Salt Co. $1.25 Paper Co... Co. 1 + Brothers, 1 5 11- 2 (year-end) Electric Wire tl2%c A__. Lewis 2 35c preference insurance 12- Liberty Fabrics, (N. Y.) (stock dividend) Life & Casualty Insurance (Tenn.)— 11- Sugar Home class Leslie 11- Kftlden Holly Ltd., 10-15 2% Lumber 10-15 3%% Brake Norfolk & Western 11- 2 11- Y. Niagara 10-31 11-15 11- 9- < — beneficial Co. Air State 3%% N. +20c 10-20 11- 2 11- 25C 10-22 1 Y. 12-15 12-15 56'Ac 2 11- 12-31 Co., Merchandise Y. N. 10-21 k 4: 10- 15c 75c Corp.— (s-a)__ Co, of Process York 12-31 $3 (s-a) (quar.) 11- 15c (quar.) (quar.)___ preferred convertible 4% $6 preferred (Mo.) 11-18 683Ac New New 15c (quar.) dividend Lerner 10-16 10-31 12- 11-1& (quar.) (J. J.) 11-16 N. 29c 12-15. England Fund— 10-31 tlOc 10-20. 1- 2 12-10 Co. (quar.) preferred 12-15 20c (quar.)________ 10-30 (quar.) Shipbuilding Water Certificates 10-15 1 10-2O 35c Castings 5% 11- 2-1-54 11- New 9- 10-1& 1-2-54 10-30 $1.50 50c Brothers, 4%% pfd. (quar.)_ Neptune Meter Co., com. (quar.)__ 12-23 4 10-15 t5c Neisner Inc.— Co. 56'Ac convertible preferred (quar.)— Hotels Corp., common (quar.)_ 5% Hilton $1.75 + Tire Leece-Neville Co., common dividend Stock & 11-13 Higbie: Mfg. , Corp. 1 12-30 12- 10- |15c 50c Rubber 1 — Y% preferred A (quar.) Hershey Chocolate Corp. 4%% preferred series A (quar. )_ 2nd preferred Extra Stock Hercules Steel Products Corp.— >. Newberry 12- 75 c $1.12 % Mfg. 12- ;— Co., 11-12 Inc., & 11-13 (quar.) (quar.) 5% pfd. Powder Tool 11-13 Inc. preferred Hercules' $2.40 preferred 1 40c common 11-17 (quar.)__ __ class A (quar.) B (quar.). pfd. Steel & & preferred Naugatuck t25c 1 112'Ac (guar.)— Industries, Lee 5 Steel 12-10 A (quar.) 5 11-10 10-22. Products preferied 50C ; Maire 6% 10-15 B $1.20 Le 11-14 10-31 Acceptance, 12- — Marx (quar.) class A Hat Corp. of America, 4'A% pl'd. (quar.) HayeS Mfg. Corp. (quar.)—— JFOtys Corp., Class 10- 9 20c Extra 12- $1.37% (quar.) Light National 2 12-15 9-30 4V2% pfd. iquar.) Candy Shops, Ltd $1.37% (quar.) 11- 11-14 preferred Co. $1.06 >/4 (quar.) preferred Starch 10-31 Inc., 15c ______ (quar.) Schaffner & (J. F.), Ltd., Hart, Hartz 2-15 2- Malleable National 15c H.t, Secord Laurentide 5 11- (M. Machine Bryant, Laura 11-10 1 11-14 —— $4.25 preferred 2-23 12- National 12-24 (quar.) 15c (increased) A 5'A% & Co., (A.) 5V%$c 11-24 181.25 class Co., A.) (M. 12-10 '10-31 . (quar.)— (quar.) common 676 11-15 <quar.)____ 4V2% Co.. 12-30 . Corp. Mills, Ltd., $1.38 SI.40 .— Ltd., $2.50 Mines, Ltd B Landls 10-23 f$1.25 —— (quar.) Co., 2 t35c (quar.) (quar.t (increased) B 11- 45C (quar.) 1 25c ( quar. i—_____ common. Well Oil 12- Lead 12-15 Laboratories, Lamston 2 11- t50c — National (quar.)____ Telephone Shore Lane 45c 3-10-54 Quarterly and $1 Stores Welding Machine Hosiery tic preferred (quar.t Lambert (Alfred), Inc., class A 10-15 1 National 10c (quar.) Y.) (N. 10c fund" (s-a)__ Co.__— Extra Grocers, $1.16 10-23 11- 4% pfd. 9 1 National income (quar.) & Co. Mfg., ; , $1.60 Ltd., 31-12-54 50c _ - 12-15 10- 11- Bank City Mining Inc. Co. (S. H.) Lakeside —; Products, Halliburton S.» Crosse La 20c Electric Mfg. Department National 75c stock common Gold Kroger Company, 7% Gypsum Lime & Aiabastine of Canada, Ltd.— Halle (S. . realized net from National 5c Lake & 8 1-15-54 <quar.)___ (quar.) (quar.i____ Chemical 8 — 10-14 10-15 preferred 1- Extra 10-21 2 $7 4- (quar.) investment net 10-21 11- National 1-15-54 convertible preferred (quar.)__ Kingston Products Corp. ks-a) — dividend Stock Gurney from 50c 37'AC National 8 Inc. I- 15c 1-15-54 50c 12- 1 65c 11-16 $1.75 12-31 25c 11- 2 50c 11- 2 25c 10-30 5c 10-30 (quar.i Fibres, common $1.25 (quar.)——_ common "lncoine J50c 1 11-13 12-15 Inc. 37V2C 4-15-54 Co., 4% Co.— RR. preferred iquar.u—— preferred tquar.)—-I—.——— $5 Gulf 10-30 (13c from net invest¬ and Ohio & S-2 Kroehler gains) Mobile 10-13 11-16 Fund— income capital 10-80 V 56 %c 1 Payable of Reo, Share Automotive Casket Co., 1- 37 %c (quar.) Keystone Pipe & Supply Co., 35 pid. Kimberly-Clark Corp. 2 Kresge (quar.)———~— preferred Mutual Final for. fiscal year Gulf 11- Brewery Western convertible 5% 1 11-20 12- Airlines, National National 1-2-54 87 %c (quar.) special of 90c from net realized gains) a * Guardian Series 11-25 11- 31'Ac (accum.)~r——• Grand Union Co., common jquar,)_..__—. Grayson-Robinson Stores, Inc., common,.—_ $2.25 preferred (quar.) — _— Great West Saddlery, Ltd, .a Green (K, L,} Co. (quar.)—.— -~— Greer Hydraulics, Inc. (quar.) 11-13 11-13 Keystone Custodian Funds, Inc.— (48c 12-15 f25c 1 1 $1.12y2 preferred preferred (s-a)_ Keyes Fibre Co., class A 10-20 56'A C ———-— Corp.— convertible preferred Criesedieck Stone Common 9 75c Graham-Paige 5% Kentucky 3 % % 5% Batteries, Inc., Gould-National 1212- 95c (quar.)__; preferred 4% 1 $2.50 1— Special' 5% National Holdert When Per Name of Company Payable of Bee. Kansas City Power & Light Co. 1 11- Holdera When Per Share Name of Company Payable of Bee. 10c (quar.) com. (quar.) Holdert When Per Share Name of Company 195£ Monday, October 26, 10-15 ' " 10-15 11-13 . 11-13 Volume 178 Number 5267;:. The Commercial and Financial Chronicle (1611) . . ' i .. Name of Rhode Company, » Island Hospital Per ' .! s -• Trust 1 > (Providence) • Rich's Inc., '3%% River iquar.) ;__ 93%c Rochester Inc., Gas & preferred 4.10% Light 4.65% Electric, 5, 11- 2 11- 2 Russ Corp.____ Stores^ $2.40 12-1 11-16 11- 2 10- 7 Trane 11- 2 10- 7 Transcontinental 25c t_ 10-26 common.15c $15c 1 i ;ll-l4- - 25c 10-30 10-30 10-26 . (quar.)^.^^$1 ! 10-15 ■ onion >..11-16 ' - 4% conv.:preferred Saguenay-Power, ♦ St. Louis-San 5% (San ; Ltd., 4%% Francisco convertible Antonio Quarterly 10-31 vScarfe & Gold 12^15 <14c 11-15 JL*. ,.14c ,„14c 5-15-54 iJ_i" i Schenley- Industries Inc. 5% %. (quar.)_l___I_J_L'pfd,- A 12- $3.70 'Union 11- 50c '< 11-2 v preferred A (quar.) ' -Scocc r __i__ 27Vic Class U. Faper ;Cfl4:$4 preferred^quar*-)!.-^^- ... preferred (quar.) w___ : Dillon Co I*_ $1., .11- 1 1! 10-16 11-14 S. (quar.) 2Seaboard. Oil®(Del.)' (quar;)__^___4— * !*'. preferred S. Selected American Selected Shares Risks Indemnity 12- 1 11-13 ;• 1-10 r I-10 12-17 *' %50c 12-15 dividend) B S. 11-12 ;•/, ii12-15 12-15 t • 11-25 Sheraton Corp. of America (quar.)—I Shirriff'S) Ltd.,- 5.%, preferred (quar.) Common Co.. of net iquar.),. ______;—.—1' . ■ ••; $4 Van 2 10-20 10-14 Vapor 2 11- 2 1010- 9 6% Sinclair (A. Smith <H.) *'4% 90c Bend i'-The (quar.) Works Gas dend on 4.80%. a in 11-20 2 10-28 9-30 10-30 issue & columns outstanding, for Electric California t 11-14 yll-16 11-30 $4.50 Weber West was the the divi- Edison Co.— (quar.) 50c (quar.) California 10- 10-31 10- 10-31 10- 5 37 %c 11- 10-16 5 preferred 1 (quar.) ;___ 2 Western >' 4.807' preferred Public 3.10 7c preferred 3.90% 4.60%; preferred Spalding Stock (A. Spencer Special ■ G.) dividend (quar.) Brothers, \f 4 y2 7® Standard Fuel Standard ,!____ * B Stauffer 5% - Cheniical (A.) & A 1 r 10-15 10c 12-15 2 1-2-54 12-11 11- 1 10-15 11-13 ;,10c 10-30 preferred , 10-30 10- 11-14 10-15 35c 11-2 10-16 12- 1 11-16 11- 2 10-23 11-2 10-23 11- 2 10- 10-31 2-1-54 9 10-16 11-13 $15c (quar.) 32 Vic _; ♦ i' 2- 5 2-15 VzC 5 2-15 12 y2c 11- 2- 5 11- 1 Shares Net 11- 1 12- 1 1-15 Oct. (quar.) 30c 11-14 signed that 10-30 10c 11- 7 10-23 Sterchi - Steel Bros. Co. New r- Sterling Stern of 12-11 11-27 Stores, Stevens (J. P.) 6tokely-Van & Co., Camp, Common 12-10 12- 1 job 11- 2 5-3-54 8-2-54 7-16 4-16 11-16 10-31 11- 2 2 10-20 11- 5 10- 9 11-18 11- 4 $20c " —____——_ Inc.. Inc.— —— 6272c 10-31 10-15 45c 11- 2 10-15 $1.0674 11-10 10-23 $1.127a 11-10 10-23 (quar.) 40c (quar,)'_ 11-20 11-10 10c 11-16 11-2 50c 11- 10- 1772c 2 .11- prior 5 % 5% 2 10-15 10-30 (quar.) 25c 11- 2 11-16 Suburban $4 Sun Oil Co., (quar.)____ com. Gas, 4'%% Corp., 474 7® preferred Sunshine 2nd 5.20% pfd. A (quar.) (quar.) (quar.) preferred (quar.) A (quar.) Swift & Co. Inc., Taylor, Pearson Technicolor, Texas 11- 2 11-2 11- 2 10-15 75c (quar.)___ common 11-16 11- $1.25 10-15 • 11-16 $1.25 2-15-54 $1.25 1-2-54 10-15 & Carson 11- 1 10- Common 9 11- 2 10-16 11- A. Inc. 65c $1.1272 50c (quar.) facilities Laurel Power, (year-endl com. 11- 2 1 A 10-26 (Canada),. Ltd Co. (from Service We (quar.) preferred (quar.) Sherman the company ing of Industries (see pfd. Gar All In the ment _' (quar.) Extra W.) Co. Gas 6% 11-15 10-30 (quar.)_ 10-26 10-19 $1 11- 2 10-15 Consolidated preferred 11- 7 10-23 12- 1 12- 11- . 10-31 2 1-15 10-18 11- 1 10-18 11- 1 a in Less 12-15 11-16 x Less 15c 10-31 10-15 y Corrected 5c 10-31 10-15 Previous petroleum The Billings^ Carter Oil Co. and not Jamaica 10-19 12- 1 11-10 11- 2 Of Inc. 11-15 10-31 the planned for early in from the summer a. letter to not yet of common plan for the prepared stockholders such as the stockholders, plans to submit who wish ready, are future business plan for a to withdraw stockholders the will of retir¬ from be the completed of far so shareholders' have equites caused ad¬ material no presented in the change proxy state¬ 1953. to 1 . Willys Motors, Inc. (formerly contracts Kaiser have now Manufacturing been approved and Government. Some will require auditing by two companies by and Willys by cumulative preferred stock, series A, has been paid the and liabilities totaling $28,267,445 assumed by the purchaser on all but approximately $750,000 have been paid, or WillysMotors, Inc. has received creditors releases from liability. unpaid and unreleased liabilities assumed by the purchaser are by funds held More than 90 7® obligations, have Purchase order under of an escrow receivables, collected. been and future agreement. including commitments Government materials for termination approximately which were outstanding with approximately 3,000 vendors been assigned to Willys Motors, Inc. The vendors have accepted assignments and releases of liability of Willys-Overland Motors, Inc. have been confirmed by the vendors. have Internal of year Revenue Service Willys-Overland returns prime have now of An will the been has accepted Motors, filed and Inc. are 10-15 11- 10-31 10-10 3772c 1-30-54 1-10 4-10 1953. Income examination tax final and company. of the company's financial condition as of Oct. 31, 1953 by Arthur Andersen, and company shareholders will copy of the audited balance sheet when it is ready.—V. 177, a —A 3772c 4-30-54 30, to made receive 11- 2 June which have been liquidated are in cash or in. securities, which are providing income in excess of operating expenses of the audit be the advancement of the fiscal to subject Service. company short-term current 11-30 stock 50c 9 1908. p. Wisconsin Bankshares Corp. — Secondary Distribution 7-10 & 75c 12-15 11-13 35 cents $6c 10-30 9-30 V. 171, 11- 2 3772c (quar.) common Corp., 7-31-54 secondary distribution of 14,508 shares of common (no par) was made on Oct. 14 by Robert W. Baird Co. at $14.50 per share, with a dealer's discount of — Ltd 10- $31740 closed for this less 157® Funds, tax 11- 2 10- 1 11- 2 10- 1 Canadian non-residents' tax. deductible at the source. Non- dates were of record incorrect. to .cumulative dates are reported here. for V. has SEC 1953, 178, of (parent) capital p. issued request oreferred $6,500,000 System holders same day.— Co.—Hearing on Financing order giving interested persons, until Oct. hearing upon the preferred stock financing proposal of 'this company. The company proposes to issue and sell, at (competitive-bidding, 75,000 shares of a new class $100 par value <0f tax. or Books were closed the share. 231. Worcester County Electric 29,i dividend. tax. income per p. 1 $3772c income published Authority. pipeline is formulated are and $4.50 secured 10-20 15%; resident tax 7%. payment the $20c Gold Canadian tax British 25c with finished $7,000,000. Exchange, retired. 10-18 10-31 50% (quar.) books resident Central Overland The 3772c (quar.) (stock dividend) tPayable in U. S. Funds, ' is petroleum, Government. The $Payable To closing date, 10c (quar.) Ltd., common preferred (quar.) "■Transfer refined by the various departments of the U. S. these Government contracts are in process of completion 10-23 10-23 $1272C South Dakota approximately Union accepted 12-18 25c Zellers, 5% and cost of over 200 Government 11-20 50c preferred 1 8-inch an — contract a refining area to terminal Montana, which will serve eastern Glendive, North yet soon April 6, Motors, the Youngstown Sheet & Tube, 12- of Mont. that Billings-Laurel adjustment by the Internal Revenue (quar.) Co. as estimate of 7 $1.50 (monthly) convertible Pipeline Co.— ! (F. (Wm.)t Jr. Co. of and Assignments Assets 6% 11-16 in Billings, announced Co.—who transactions 11- Wood 11- 1-2-54 21 construction the will interest As 12-31 $1.25 (accum.) (quar.) 10-16 the 11-30 $1.26 — 6 7® Corp., (quar.) 2 a $145,000,000 (quar.) 11- from the preferred 5 Oct. ,on President, in not 10-20 investment preferred 12-10 have 10-31 Corp. convertible 11- line oil Board and 1 4c Public convertible • $4 preferred Gas Investment convertible preferred 2 loss minute. said in part: Yellow Cab Co.— 4 in 178, p. 1278. 1954. 2 1-31 1- western completion 11- $1.50 12- complete certificate of fast amortization for the line has been obtained Defense Production The 12- (quar.) Yukon the ' letter have extensive marketing facilities in the be the shippers served by this products pipeline. • Hartwig said that a study of the economic feasibility of the line has been prepared by Ebasco Services Inc. of New York who are the designing engineers, and that arrangements have been made with Dillon, Read & Co., Inc., investment bankers of New York, to handle the financing. ■ 11-16 6% 6 floors, will 11-16 90c 6% 11- the refiners—Farmers 12-15 45c __ (quar.)__ 10-15 11-6 for from located be The Continental The Electric Yosemite Park & Curry 10-13 letters, does possible. standard-size a of "It Bowen. transmits typed copy at 300 words a transmitting wrapper will hold anything President into and 25c (s-a) 11- 1 2 to Montana 11c (monthly) 10-15 12- 1 Mr. Intrafax pipeline 11c Grocery 2 12-19 before never send said to de¬ organizations. transmission documents—between Basin entered 15c 11- 30c of service correspondence business small branches," cost a moving error-free and negative copy."—V. 11c County and in an by Hartwig, products Corp.) 10-15 21VzC 26^0 W. being 10-16 $1 10-20 50c (extra) Industries York and Pipeline, Inc., Build New Pipeline— 9 10- $1.43% (quar.) 10-30 10-30 (quar.) Rubber Wysong & Miles Co. \ delays speedy, York vised. preferred 6-17 the New systems and transparent Williston 2 2- 12-10 tl272c 2 20c (s-ai Inc... Natural 11- minutes and positive 2 $127aC 10-30 25c preferred Electric Service, Texas-Illinois Texas (quar.) (quar.)__ 4% 7-1-54 25c in ... Willys-Overland Motors, Inc.—Little Change in Share¬ holders' Equities—Ward M. Canaday, Chairman of the 10-16 25c Inc Superior Steel Corp. •Talon, 3-17 Show on of 1 $1 series Liscuits. 12-17 $1 preferred convertible 1-2-54 4-1-54 Business in unveiled was 10-31 10-31 Wrigley and in use communications minute, 10-16 40c ______' Woolworth . common 5 72% 6-17 12-17 designed for internal a 12- 1 Machine Corp.— Bros. 3-17 7-1-54 12 Vic (quar.) Co.— 1-2-54 4-1-54 $20.87 11- 2 34%c , : preference (Gar) 11,794,699 J25c (quar.) preferred Wood 246,183,017 Co.— 6% (quar.) (quar.) Propane Oil Corp. 15c 25c common Securities preferred Co., Sunray 10-19 25c _' (quar.) Spring Electric 2nd Suburban 10-31 Dec. 31/52 $ , $2 Ltd. — preferred Witherbee details extra-large legal-size letter, 872xl4 inches. Cards as readily as onion-skin paper. Electronic controls permit the sending of half-tones of black and white material 10-30 $1.50 5.047® for Intrafax: will new handled are 10-16 15c (quar.) (quar.): 5% 12-14 25c (quar.)._; (quar.)— preferred Greene 1-2-54 15c preferred prior 7 10-13 15c Strawbridge & Clothier, Stubnitz 10- useful postage stamp to Industries) ,— preferred prior 2 shares See $19.58 machine, . bottlenecks departments three area 9 11-15 $1.127a income) • (quar.) 5% 11- 10-28 57c , 25c 50c - the is 10c Wisconsin 13,071 10-20 11- Intrafax . efficiently and at "The 10-16 1-15 letter-size long plagued both large ^ 2-2-54 of $ $19.56 requisitions, drawings—all kinds "The Paper Co., Ltd.— Lovett Wisconsin (quar.) (quar.) Common , 37%C (initial quar.) Common r (quar.) Ltd.— Brewers, Inc. Stern Textiles, Inc. preferred (quar.)_: & 4% % • Inc. Canada common —— have buildings, 12-15 share__^ ; . end "Intrafax 6 preferred 6% 6% to 15c Wisconsin 3.60% —i—__'_i_J__"_____ , 11- .. offering stockholders. leasing of such private 'picture' communications industry," said E. C. Bowen,. General Manager, "is a new 11-17 : its its by "The ' ."Extra 19 city. orders, 25c (quar.) announced 1101. organiztaions, that will flash "picture" form at 300 words by this company at the National 12-10 30c Inc. ' Extra 12-18 177, 484. high-speed, new, facsimile 10-15 -30c Monthly 11-16 12-31 states.—V. Western Union Telegraph Co.—New Machine— 2 $1272c 10-10 $1.25 application customers' business. Monthly Corp. com¬ Washihgton 262,055,331 252,483,390 ^"13,395,464 12,897,153 value, per p. 12-21 $1.25 (quar.) 19 oversubscribed and outstanding 178, 60c (quar.) Oct. on was 1278 assets asset 11- 31 Tic Wisconsin Bank Shares 10-10 and Sept. 30,'53 June 30,'53 10c 75c Inc. (quar.) & the $ 10-15 10-30 30c (quar.) (quar.) A (quar.) Winn 178, net 9 11-2* $1.3174 Extra 11-30 corporation Total 10-27 $1.0674 (quar.) A prior its and George's Gas Corp. As of— —V. $1.50 10c Securities A B $2 two part of a program subsidiaries. Washington's Wellington Fund, Inc.- -Reports Record Assets— 9-10 3772c Co. Washington 10-15 (year-end) RR. preferred Whitehead 10-15 2 (quar.)_ Co. 11- 75c (quar.) Pacific White Sewing 1 12-10 12 Vic 12 12- 11- .. $56 %c (quar.) (initial) 10-15 2272c ; Fixture the 2 2 of 25c $10c Co. 10- 11- $2 Wheeling & Lake Erie Ry., com. 4% prior lien (quar.) 10-15 ii- : Lithograph preferred Stein class 2 11-4 3772c Breweries, Class 6 11- '— Stecher-Traung - 11- 5c ^__ -. 11- (accum.) Class ;; pfd. pp. (quar.) preferred (quar.) Westminster 10-20 12-10 5 % 57® 11-25 56 %c common Ltd., 472%. Corp. (quar.! Ltd., (quar.)_ ■ 11-25 12-15 20c —_ i Brock, Class 1 10-20 12-15 . A preferred 10-20 11- 5 7® 10-20 1 2% (quar.)____ Cement,, Quarterly Special Stanley 1 11- 25c Inc.——— Co., Silica 10-20 11- (quar.) Spokane International RR.— > 1 11-1 $1.15 Inc. V, than Insurance Insurance class preferred Western Securities— preferred Quarterly Spokane Portland 5% 10-20 $1.10 (quar.)_^_l conv. 11- . $1.06% ii & 1 $1.03% , 2uL Kellogg & Sons. 10-31 11- 97 %C (quar.)__;_— Investments Common 92 %c (quar.).; in 35c Western Light & Telephone 10-15 572% (quar.)__i______ preferred preferred 2 11-16 11- 30c Co.— (quar.)__^__ 4.15%' preferred 4.40 % (quar.) com. Service '(quar.)__ preferred ,4.257® $1.20 Corp., stock 2 The products. Lines, Canada Western $2.50 (.quar. Drug Southwestern common 10- 6272c (quar.) company of filed with the by Welex Jet Services, Inc.—Stock Sold— 2 1272c com. this been proposed, merger is future, 11- 5c common has application 2788. p. i6272c"1- (quar.)___ quar.) of subsidiaries—Prince of 35c (quar.) Fire Air Western Southern Indiana Gas & Electric Co.— Southwestern Maryland 10-15 (s-a) (initial into merger Gas Light Co. of Maryland, Inc.—were liquidated on July 31, 1953, and the merger of Rosslyn Gas Co., which operates in Virginia, is expected to be effected in the near the Petroleum— 6%: " $13.58 Mr. preferred Westchester 5 28%c (quar.) preferred 10-31 28c preferred (quar.) the subsidiary, joint a that the says unification 10-13 Virginia Pulp & Paper— 472% the 10-13 Steel Foundry— preferred (quar.) prior West The application two in ' % panies. for for wholly-owned a Commission 2 Kentucky Coal Co. (quar.) 7% Southern authorization Co., 1 30c com. preferred & for Gas Power 3772c com. $13.62 10-15 West Michigan Co. request Federal 11- Co;',(quar.)_ preferred Showcase 10-12 • 1_ Washington Gas Light Co.—Proposed Merger— A 11-1 25c (quar.) Waverly Oil Works yll-16 - 11- 2 9 Sept. 30, '53 June 30, '53 $3,497,326 $3,430,243 i 1199. p. 11- (quar.) 57® conv. 10- 1 ;. share per $10 ; Washington Gas Light Co., $4.25 preferred (quar.)__ 10-31 11-30 50c 10-20 assets value 15c (quar.) (quar.)_ Corp. (quar.) Mfg. Co. (Wis.), preferred (quar.) Bros., 10-20 11-10 3772c Warren 10-20 11- 3772c 9-30 net 177, A Co.'v? Warner Brothers Pictures, Warner & Swasey Co Gas Co. has only 4.48 %• Southern t< 10- 2 11-16 50c (accum.) 10-20 11-16 8772c (quar.) preferred previ- these 4.56% - $3 50c • intended Gas Common ,* 10-9 9° 11-16 - $35c income Walker ,10-30-. 22%c , South Jersey was Southern 1 (quar.) Co.— published Indiana $25c Vulcan 11-13 10- t75c preferred Food preferred 10-16 11- $50c ;_ common a (quar.)_ (quar.)— Lathe incorrect. 1 com.: Ltd (quar.) (quar.) 67® 2 11-2 50c 9272c . preferred 12-15 30c Ltd., 10-16 11v $45c (quar.) 2 Co.—- payment ously ■ 65c — Jersey 11- $1.50 (quar.) Mills, preferred conv. Extra South y. Co. Paper Aircraft South 50c :__ Corp., common preferred Solar •; O.) Douglass Smith quar.) 2 5 Fund— Co. preferred 11- 11-16 $1 $1.1272 preferred 6 7® Corp. (quar.) Ltd., common (N.) Smith , Oil (increased 11- 8772c Corp. of. America (auar.) Heating Corp., 57® preferred 67® 9) page Corp.—Asset Value Up— of— asset Potomac 11-16 $2 (s-a) Viceroy Mfg., class A Virginian Ry. 9 As Total 10-19 j ;(quar.) common Sea Norman 6% Power, com. preferrod (quar.) 11-2 25c Vanadium Blumenthal Pacific Slater 63%c 7 10c Co. Tobacco convertible Camp Van [Sidney] Co.) Sierra 10-14 . ; Corp., investment ' Corp.,' 10-15 II- $$1.75 11-2 2 25c Southern^,Oil___ 10-31 $25c —V. (Continued from Wall Street Investing , Universal Pictures Co,: 47i7® ,pfd. (quar.)__ Upper Peninsula Power Co., com. (quar.) 5747® preferred (quar.) II- J25c 11-17 (quar.) Machinery Continental From Valspar Canada, Ltd.— preferred. (quar.)____. Blumenthal Co. (see ■ Sidney Corp.— _. Canada, preference 11-25 15c 1 ; A Utah 3 11-' 2 12- (quar.) _ii » • Net ; (quar.) of % Universal Leaf 11-25 11-16 11-17 (quar.) 9-25 Corp., class B (quar.) 4__1____.___2.__ 40c A iquar.)__'____i'_l„_^____i,_____4i;'. 22c ServpraecharusniSf/Inc. 4quar.)v_l__;_^____i::\ 10c ..Shawinigan Water & Power Co. (quar.)_I_l' $30c 1 Lines United 12-1 10-27 Class Sherwin-Williams Line United Stores Corp., $6 preferred ( United Transit, 5%: preferred w -12-17 $1.43% 12- Co., 4727®' preferred (s-a) ,U, S. Radiator Corp.,' 6% preferred (quar.)_ ,V U. S. Vitamin Corp,, (quar.) f;' United Steel Corp., Ltd.—• 12-17 12-17 . 10- $1.0674 3772c (quar.) Fire Insurance .:6% 11-13 I-10 Serrick V. Pipe of Calif, Co, " " 43c r • *:,i-io' 53C ' - i; v ".-,(12c ' 107® - £: * (stock 12- 45c V. U. 10-23 Mlg,:iCp^3^%ypi'efp.rrcd, ,(quar.)_— ^ 91 %c rtV .~4,30-% preferred ..■.(quar.):_f:_^___(,u^nrr-^ -V$1.07 Vi Seaboard Finance Co., common;(quar.) .; $2.12 preferred; 4quar;)_u!,ii:_Y_^-x-i-X~ $1:72 convertible preferred, (quar! )__L'l"44i- ,: 10-16. 11- 30c 10-15 10-28 Missouri Extra . 7-20 85c • ,__ Scovili $5.75 1-20 .,-•,• 11- 1772c preferred (quar.)______ United Specialties Co.; (increased) ■ 4-20 • 10-30 6272c 6% 10-15 1 27Vic *«v 8. >2 • $3.40 Scotten, 2- Co. United Shoe 10-20 (quar,)27Vac 12-15 11-15 $1.14 United Cities Realty, 57® preferred % United Drill & Tool Corp., class A i 10-20 1 1-2-54 Cigar-Whelan Stores Corp.— convertible preference (quar.) $3.50 10-15 ■ 11-10 27 Vic 1 : ii- li • United 1 5-1*. : 11- T s1 1 (quar.) 12- ■ ;5 Yz% preferred A ■f'r.i 5lh*/pipreferred A Gas 9 $1 preferred (quar.) $4.50 ^preferred (quar.)___ 3.: ,10-31 1 -',i $20c •• V- 2-15-54 'V.i-2- ,"$3c ■ ; Schwitzer-Cummins, 9 '12-11 *• .-tlO.c __i A B .5Vi% Gas preferred preferred Union Oil Ltd.__ Co., Ltd.," class Class $1.25 —i— — Mines, 1-2-54 ,10- Co. , Antonio $$1.06 A/(quar.)_____./ (quar.)_: Quarterly. *San 10-31 pfd. 4quar.)L_ Ry. preferred Transit 50c 10- ,60c $4 (quar.). 2 12-15 (quar.)____: (quar.)_ —i. Electric-of $3.50 10-10 11- 1-2-54 ____ 10-20 9 $1 $2.55. preferred (quar.) Trinity Universal Insurance (Dallas, Texas)— Quarterly Tudor City 9th Unit, $6 preferred (accum.) ' •' 10-20 ii. (accum.)$2.50 _____^____a_____^ pfd. RR. 10-15 11- i5c 10- 317»c preferred - General Corporation and Investment News 9 2 Mfg. Co.— 11-16 Co. 10- 11- * preferred 11-16 4.56% 11- 2 $1.21 (quar.)^ Thermoid Co., $2.50 preferred (quar.) Toledo Edison Co., common (quai1.) 4.257® preferred (quar.) ______a S.& W Pine Foods, Inc.— > Glass conv. 1 class 67® &-Whitehall preferred Thatcher . 1 ___l._-i.___, Building Co., Rutland 47® 9 10-20 Holdert Payable of Rec. $1.14 preferred (quar.) series A (quar.) $1.18% 10 & (25c Ltd., (quar.) I.)— 12- $1.17 (quar.) (quar.) (R. 12- .15c pfd. ,$1.25-convertible -• common <quar.)__ (quar.)____^______r___i- Oak Dairy, Ruppert (Jacob) preferred Textron, Inc. 10-9 - preferred $4.56 When Share • • Light Co., $1 Power, Royal 10- 10-30' $4 v & $1.02% (quar.) & V 10-20 10c 1 $4.84 • 10-20 28c (quar.) com. 1 10-15 2 56%c :_ Class B . A (quar.) preferred Aircraft (Rose's pfd. (quar.) preferred Rockland "Rohr 4.507® preferred 4%% „ 11- ___-_ Mills, 10-20 11- 2 (quar.)_ Extra Robbins 4% 2 11- 2 30c (quar.)____^___i_________ Rice Mills, Inc. (quar.) preferred Brand 11- 50c common Per Name of Company Texas Power -i $1.25 Inc. Holder« Payable o] Bee. — Quarterly Rice-Stix, When V* Share .•-> 47 an a stock. Proceeds short-term and to nctes banks, expenditures 1515. or the to are to payable be applied to the payment to New balance, if any, reimburse the England to be treasury Electric used to pay therefoj^p. ^ ^ I 45 The Commercial and Financial (1610) Globe-Wernicke 7% Co., preferred Goodall Rubber Special 5% Co., Tire preferred $5 11-16 (quar.) common 1211- Co., 2 75c (quar.) $1.25 12-15 11-16 (quar.) com. ______—, preference (quar.)______ Batteries, Inc., com. 47* 4% 7* preferred Grafton & 75c Co., Ltd., class A 11- 2 11- 2 (quar.)_ Graham-Paige Corp.—• 5% convertible preferred Grand Union Co., preferred tquar.'_— Great West Saddlery, Ltd. Green (H. Greer Inc. Mutual Guardian capital Gulf 56 %c $5 10-30 10-14 10-15 Kirkland 12- 1 11-16 Kobacker (quar.) 371/20 _________ Kress 10-15 2 11- La 10-16 10-26 Oil Quarterly Hamilton s'/* $1.25 12-15 11-25 $1.25 — ______ 3-12-54 2-20 12-10 10-23 12-10 10-23 11- 10-15 $40c Co. H.) 1 f 50c 12- Hancock Oil 25c $1.16 Class (M. Harris 11- <increased B Hayes 3%% 11-10 1 Le 5 Lee 1 12- 1 11-13 $1.06 y4 1 10-20 10-15 15c 11- 2 10-16 $1.25 11- Stock 10-20 9-30 10-26 10- 2 10-31 10- 8 933Ac 10-31 10- 8 $1.25 — 11-14 11- 2 Co., common— •convertible 4% Hinde Dauch & preference 11-13 1 12- 1 11-13 11-25 10-23 2 10- 11- 2 10-6 ■ 11-13 10-16 • 5% Stores, Home preferred Insurance Horde r'n Inc, Hormel 4% 31 %c (accum.)__—_ (George Lighting & Stores Power, 2 10- 2 10-16 11-16 10-31 11-16 10-31 11- 10- 10-31 10-21 Macy 4% 11- 2 10-15 Mailman pfd. $4 (quar.) Refrigerator Extra 37'/2c 12- 1 Co. 1 $1.25 11- 2 30c 11- 2 10-20 12-18 Huttig Sash & Door Co.— .f>%' preferred iquar.) Hygrade Food Products Corp.— 4% Brick Press Co., 12-30 $1.25 Metal 1007* Illinois Brick Co. Illinois Power RR. 5% Corp., Ltd., 5% Field & from Mathieson Chemical 10-16 10-20 Maytag McCabe 4y*% 11- 2 10-15 11- 2 10-16 11- 2 10-16 Class B 10-10 McColl-Frontenac McKay (quar.) 55 %c 11- 2 10-10 4.70% preferred (quar.) 58%C 11- 2 10-10 O 10- 15c 11- 2 10-15 10c 11- 19c from Foundation ordinary realized i ; International ,-7% 4% 7* Harvester Co, International (quar.)_ Holdings, Ltd. international Nickel ■1% preferred 7% Co. ($100 of par) Utilities convertible •■$1.40 convertible Investors Trust Co. $2250 , preferred Corp., Participating ; Ironrite, 50c 1-15 12- 12-15 Jack <fc 4% Heintz, $30c »; Tfea Johnson | 11- Ontario & Power 9-30 2 Minute Maid Corp., prior preferred comipon 57* Paper 11- 2 10-15 11- 2 10-15 1 11-10, 2 10-14 2- 1 1st $6 Mitchell 1-15, 11- 2 10-15 Perkins 11- 2 10- Permanente 9 11-30 10-31 12- 11- 11-16 1 11- 2 Phillips Philadelphia Dairy Products Co. $4.50 1st preferred (quar.)! $4 non-cum. 2nd preferred (quar.) 11- 2 1 11- 2 11- 2 11- 2 45c 11- 1 10-22 12- 1 11-13 12-15 11-20 Philadelphia Electric Co., 4.68% 4.40% preferred (quar.)__ 4.307* preferred (quar.): 3.807* preferred (quar.) 10-15 Philip Morris & Co., Ltd., Inc.— 47* preferred (quar.) ____i__ 11- 1 10-15 11- 1 2 10-20 10-28 10-15 10-28 10-15 12- 1 11-13 4% 11- 6 10-13 11-16 Ltd. Power 10-19 1 10-15 10-30 10-15 11- 1 10-15 Montgomery 1-2-54 12-15 Moody's Monroe Loan $3.85 (quar.)__ 10-31 10- 2 Pratt, 10- 9 Price 15c $6 Co., preferred C common, 1 $1 11- 1 10- 15c 1- 4 12-15 93%c __ (quar.) 9 11- 2 10-19 2c 11- 1 10-20 3c . common 11- 1 10-20 10-29 10-15 15c- Parchment Co. (quar.) 35c 10147 12-10 . 12-18 s 11- 2 10-15 12- 1 11-25 11-10 Randall 34 %c-. 75c' Co. Extra com. Narragansett 12- l > Nkthan 11- 1 10-16 Reitman's 10c 12- 4 11- 11- 1 50c 11-30 11-30 (s-a)_ $3.50 preferred 4%% pfd. 6 (quar.)l_ (quar.) Duparquet. Inc,: (quar. — 25c 56 %c10c 5% 11- - (quar;)I___l—v,7, ;75c-i 10-15 10-21 10-15 10-15 (Dayton, Dhlor— .: ; 35c .50c 128c Ltd., class A' (quar.)i___i_" 2 10-20" Resistoflex 11- 2 Corp.," 57*" conv. Reynolds Tobacco Class B 11- 2 10-31 1-2-54* (R. ,(quar.)__. J.), pfd. —75c 7 35c (quar.)12%c common *(quar.r_ 7; 50c ,10-26 10-26 7 11- 1 7 12- 5 -^—,7 .7, 50C 7, 12- 5 ' 10-23 10-2® 12-16 ,12-15, t5c-1-2-54 Extra 11- 10-21" ~ * " " Engineering Co.__ 12-13" 10-15- " 10-21 11- 2 : 12-19 . 10-21 li- 2 "25c 11- 2 __1: & 10-31. 10-1® 10-21 7 11-2 Republic Natural Gas Co. (s-ar__l: Republic Supply Co. (Calif.) 11-1 11-14 11- 2 11-2 t25c _ ; Electric 10-2® 10-15 Ltd., common___l_l_ll_110c (quar.) Renoid Coventry. ' . 10-2® . 11- 2 ..;;50c (Canada) Quarterly '■ 11- 2., 11-12 ^,7,. .25c. z____7 U 10-24 ,10-16 12-14, 11- ,1?. . 5% pfd. (quar.)$1.25 class A (quar.)__ 50c 50c (quar.)_- preferred Reliance 11-10 10-31 B 10-15> - 50c (quar.»_— Co., Reliable Fire Insurance Co. 4 11-10 " t20c' Class 10-16 II-16 2c > Co. (quar. Extra lc Electric, Straus 2' 9 11-25 (Mass.) Extra 2 11- - •;,.;••• (quar_) Pile common A.) 10- •;? -.f, -i. 41 12- 1 * 11-13 12- 1 11-13 12- 1 11-13, (quar.l___-_--z_;V---—r-7-,r--Vv 37%c Stores (C. 11-10 56 %c 1_ 12- 1 2 5c (quar.)__ 1st Owl Red Reece Corp. 11- Ltd.— y* 10-23 10-15 11- 27 Colorado, of Concrete 10-30 ... (quar.)_ Corp. (quar.) Munising Paper, 5%. Co. Raymond 10-12 11-16 Co. Products, Reading Co., 6 11- 1 Co. Participating class A 17 %c (quar.) Royal Rice Mills Ltd..(quar.) Vernon-Woodbury Mills preferred Service 11-10 11-10 (s-aI Gamble & 10- 10-27 11- preferred 12 %c : (quar.) America, 12-1®.. -tl5c,;. 11-. 2s Radio Corp. of America, common;.;....—e-v 5°c 11-23 $3.50 convertible 1st preferred (qpar.) » 87%c:,1-.-2 preferred Motor. Products >7% 10-15 $1.20 ; Mount Diablo Mount 2 $1.50 Year-end. Mount 11- 10-15 Reed 11- .____ 1- 2 11-14 Quinte Milk 17 %c $1.25 of Ltd.— Co., 10-15 ; $1.05 % Corp. 10-13 10- 5 11-16; 12-15 - Morrell Plan 10-13 11- 1 2 2 40c $3 paricipating preferred (quar.) Montgomery & Erie RR. (s-a) $2.25 11- 1" 11- 11- (quar.) 10-15 s & 10- 1 10- 9 10-16 11- 5 10%7 .10-19! v_,. 12-15 2 1 11-25; Morris 4% dividend) (stock & Co. 10-15 10-15 8-1® 11- 5 1- 4 , 11-1 11- 2 11- 2 11-14 * $1.10 (quar.) I- 1 10-15 J Public 12- 1 , 10-16 12- 1 10-25 10-30 96 %c 5 • Procter 62 %c 12- ; 11-20 10-16 (quar.) Ry. (s-a) Service—- Co. 1 2 $1.15 ——_i 11- & Read Brothers 12- $50c 11- (John) 4 11- $1.50 pfd. 20c (quar.) , — ZL--__—+$2 (quar.65c conl.7 (quar.) 40c 47»7* preferred (quar.) $1.06% 4.20W preferred $1.05 " (quar.) 4%7* preferred (quar.)__ : : * $1.12%. Quebec Power Co. ! ; si. j +SOc;.; (quar.)_ (quar.) Erie & Investors (extra)- ______ 10c . series 11- 2 11- 2 10-25 12- 1 1-15 i__— (quar.) Co. , - 10-30 11- preferred Glass 12-lf. 12-11' 10-9 10- 9 10- 9 10- 9 , , ■" 10-31 Society, 5 Va % pfd. (quar.) Co., common. (quar.)__i. Power — — 10-23 50c Chemical preference • _______ 40c (quar.i. 2 ___—_ pfd. (quar.) 10-20 3.90% Phoenix ^ $1.12% 1-2-54 $1 1-2-54 $1.17 11- 1 /, $1.10,. 11- 1 $1.07% 11- 1 90c 11- 1 11-16 (quar.)__ 4.40% preferred 11- , „ " 11-10 100% (quar.) 11 25c 10-16 10-20 10-20 11- 6 10-31 (s-a) Co., preferred 13%c , 10-20 10-31 20c 10-30 $1.25 ,10-30 65c12- 1 $1 ,y97%c 7„';%c Pillsbury Mills, Inc., common (quar.) 50c $4 preferred (quar.) " $1 Pioneer Petroleum (s-a)__ > 17%c.v Pittsburgh Plate Glass Co 35c Pneumatic Scale Corp., Ltd 40c Portland Gas & Coke <quar.)_: 22%c : Potomac Edison Co., 3.60%' pfd. (quar.)-;-'--"'^ ; 90c; 4.707* preferred (quar.) 7'$1.17% ' preferred (quar.)__ (Robert), 10-13 11-2 *'. 1 11- 1 50c 35c Corp., common.... — preferred (quar.)—r__-—Petroleum Co. (quar.) 57* 10-15 10-13 11- (quar.) Phillips-Jones 2 11-14 40c (quar.) 1 5c .'4.80% 10-19 Co. 11-2 1-4-54 12- Gear Cement 11-20 11-2B 11- 2 11- 1 $1.06'A 40c 11-20 12- 1 $1.06^ —- Machine & 10-13 10-. 1 12- 1 12- 1 57'/2c 62%c, , __!— . 12- (quar.) 4.50% v (quar.)__;;__—; (quar.) ; 12-15 ;'12.%c ; 12- (quar.) Corp. Monongahela (quar;)^ 11-15 11-16 11-2 _ $1.06% Mississippi Power, 4.60% preferred Mississippi Power & Light— 12- — Extra e t25c ! !_ ; $1.12% common 5 11- (quar.) Pennsylvania Power Co., 4.247* pfd. (quar.) 4.25% preferred (quar.) Peoples National Bank (Brooklyn, N. Y.)__ 1 Co. 10-15 35c preferred preferred 11- 10% (quar.) Light (stock dividend)— & 10- 35c common 11-15. 11-15 ;25c 33c 32%c f75c t$1.50 — (quar.)_ 12- 6c 1 Monsanto quar.) 9-30 (quar.) (quar.) 2 (quar!) :^_____ 10-26 (stock div.) 11- Dry Ltd., ' 7 , 28 %C pfd. Minnesota 35c Testers,1 Inc Gtocki' dividend 22c Co Minnesota , * Halamazoo Vegetable . 12-11 \ Z—_ 10-15 10-2®. " V '• '■ 10-24 10-24 .10-24 .41- 2,. 11- 2 ... > 25c 7 -, —_I_— ;__ preferred Penn Fruit Co., common 12-31 10c 11- 50c pfd^ Royalty, Penman's, 15c Mission . Extra -./Johnston - Co., 3%% Ranch 10-17 (monthly) Rhoads, 4V4% $1.09 Jersey Central Power & Light— :4% preferred (quar.) Jewel 10-31 $1.10 5 iquar.i preferred (initial (quar.) 12 %c 30c dividend Co. preferred $1.22% t8%c preferred A (quar.) 15%; preferred B (quar.i Steel $1.30 - 10- , %</c Jessop 11-15 25c 107* Mills, 1 t50c 2 (quar.)__ common (quar.)___ *15c 11- (quar.) Knitting Stock conv. preferred 75c t$1.75 _________________ Inc., preferred Jantzen Laboratories 11-5 1 Ltd.— (quar.) 55c $1.32 Co.__^ $1.60 $1.75 (qtmr.) . ^ 10-15 f25c Ltd.__-_;-_- Hampshire) 11- 2 Co Gas Canada. of (New Telephone Co.— preferred (quar.) 4.607* , 10-19 & Co. Casualty Peninsular 52 %c (quar.) Abrasive Minneapolis Drilling 10-15 12- , —_— 50c preferred Montana Inc., & 2 37 %C . preferred 2 $1.18% 11- Illinois Gas & Electric Co.— .36 11- 2 10-30 (quar.) Midwest " .Iowa, Peerless (quar.) common A (quar.) Co., Inc. 1 (quar.) : Corp., Piping (quar.)'.—-"** 25c ^10-26- Co., common.ri;:;-7V2c11-13 $1.06(4 10- Rhode Island— of 7 45c 1 common..! preferred 10- (quar.) $1.12% (quar.) preferred Parker 2 dividend) 11- (interim) Canada, preferred ($5 par) (quar.)__ Packers, Ltd. .$1.40 7 11- income) Middle States Petroleum Corp. ; International International 10- (quar.) (stock 2 (quar.) com. preferred , 11- (quar.) 11- Miller 10-22 7; 2 50c 11-30 from 11-; 2 5% irfd.- (quan)r^,$1.25 Co., Extra 10-20 15c 4.40% Miles 15c : 11- Park Chemical " 3-2$ $1 Electric Co. preferred (quar.) Mid-West (quar.) Light Packard-Belt Co. 12-1# " • and 1 12- - . Power Vfe 56'/4C (quar.)_ (quar.) 25c pfd. 12-10 •* 2 : 57* 2%% Stores Gas 4.90% from 6c . ■: >-©1.500 11-10 ,.11- $$1.25 Meyercord Co. (quar.) Michigan Steel Tube Products Co Fund—• income net Corp., 2 3 ^$$1.75^./, 11-147 10-11 / Co. 10-15 $1 (quar.) preferred Michigan 10-15 * 1 Extra and profits I Growth from (10c . Tnterchemical 11- 12- 25c security Institutional 1 - r 11- 2^ .'10-15 11- $1.06(4- (quar.)___ dividend preferred Mercantile Fund: income profits security 2 12- $2.25 -r 10-15 62 %c (quar.) Ltd., com. Co., Co. common Melville Shoe 2 1-2-54 . Institutional Stock • / A! 1 t$l Corp., 4%% (year-endi common Oil Machine 4 Va % 2 ! 1 Extra 9 10-15 11-^2 : $1.50 $1.06(4 Mclntyre Porcupine Mines 11- 10-14 10-15 , 10-31 ; 50c ,25c r 25c 7$3 " 30c 10-10 12- - u-"* "U * ,1; . preferred,,(quar.)—— tl5c 10-10 67* (quffr-.)ih_i_i._%'$l.i2% (quar.)__^2i'__l;;_ii__-A. A 10-31 10-30 11- 2 12- 11- 2 (quar.) 2 $25c v 12- $3.50 (quar.)___ Corp. 2 2 common $1 4-1-54 (quar.) class A 2 Mead class Elevator 67* 11- Rand Co., 7 10- 1 10-27 1-I-54p- 62 %c 5c preferred (quar.) $3 preference McCall Co., •'• Corp. Grain, Ltd., ' 10-1©" 10-30, 12- 1 20c 10- 9"i ,10-3® • _i_^;t,__^i;--',"7\',<r*5c y 11-13 .19-30 . 57* conv. preferred (quar.)i=,i^=.-j.--i-_^r^'2%fe. • 1-2-54 ^12-15 •7 Park Sheraton Corp.;. commoa^^i^ialiCiV sy^SOc ;: 12- 1_ 11-13 ; 472% non-cumulative preferred-*ts.-a)iiy. \ ,;:12-l5../ 3 . Park & Tilford Distillers Corp.~™-_r^l";.i-;*^ 37»/2C 10-15 : Parke, Davis & Co. ' • 35c - r 10-30 10- 9 * $1.35 62%c (quar.)_ (quar.) 11- — 10- 11- 2 • B Pacific _— preference Co., preferred (s-ai Institutional Shares, Ltd.— 1 $1 < $1.25... 1.1- 2 ,v 10-22 : preferred^Yqu^r.)^$r.85*(^ll*- 2 v 10-15 $1.25 preferred iquar.) A :rlrir_ri-' 31%c 11-2 10-15 Pacific Lighting Corp.— **■"*• '• Common (stock dividend' 106.%^-. 11- 9 y,, 10-2® •Common (initial quar.)__50c : 11-16 10-2® ; Pacific Public Service, $1.30 ^<L ^quaT.>)i__r*if'*32%c/ • I'ly* 2 v-10-15 Pacific Mills, Ltd., 6% preLutSr^l-^^-t■-/:.'$3^..a-'1 10-1« ; 10-16 11- 10-15- 10-1S 10-15 : * *$1" 37%c Common 10-16 2 11-2 >.j(.."-50c Outlet*- Company Pacific Finance Corp., Co.— investment 2 6% 35c) preferred 11- •Extra 2 11- 25c - 11- 11-13S 10-2® 10-2® 10- & 10-1510-2© 10-15- 11- 2 11- 2 • . (quar.)j. Common. year-end (s-a) Co. 11-16 11- quar.) $2.10 prior preferred (quar.) Massachusetts Investors Trust— 10-15 11-20 11-19 _ 11- 25c 10-21 12-10 (quar.)_______^;_ 55c dngersoll ; of Milling 51c __ Otis 11-4 (capital gains of — 53 %c Co 7% 2 $1 10c preferred (quar.) Zinc 10-10 11- 15c cash and (quar.) Imperial Chemical Industries, Ltd.— American deposit receipts (interim) Imperial Tobacco Co. of Canada, Ltd.— 4% preference (quar.) industrial Brownhoist Corp. (quar,) 10-10 2 1 ^ 12- 4" 10-1© 12-1®.t 10-16 11-25* Onondaga Pottery Co. (quar.)__H_____^__i_--; 12-10 11-21 . Ontario & Quebec Railway ls-a--■; ; 12- 1 "11-*2 ; Ontario Steel Products Co., Ltd., commcm_ji_v-. ^J20c ' ^11-14". 10-11 . 12-22 preferred preferred .Illinois 2 11- 12- 1-2-54 -4.42% i , 10-24 $1 preferred (quar.) 1 2-18 4.06% common 11- $1.10 Electric & ;}. (quar.)# -United Filters Inc. conv; Class 10-2$ 2-18 ■4.26% Co., 1 11^ Gas Co. preferred (quar.)__— dllver 11- l0"1^ 5c ' u common__'_^____ Oliver Corp., 4Vz'/e: preferred $2 50c 47* Co. Holding, 11- 2 10-2O> ,25c —_——— 11-14 1 (Fort 11-19 & Co.— convertible preferred Marshall 15c (quar.) Extra Oklahoma 1 Utilities, Shoe Service Ohio Maryland Casualty Co. $1 (quar.i 12-15 1-2-10 5% Realization 10c preferred Northwestern Nunn-Bush 12- (quar.) (quar.)— ^ 9-30 -10-54 H.), Mar-Tex 4 (quar.)______ 10-20 12-15 pref. conv. 10-22*. 11- "L 5c B 11-16 12- New Extra Okonite (s-a)____^__i.________ 15c (year-end). Class 10-15 11- Co. (quar.) Hampshire (quar.)— Railway of Extra 10-16 2 3-10-54 income 55c Co._ common Northwest Engineering Co., class A 10-15 50c 4y*% preferred A preferred B (quar.) (R. *y2 % 12-19 10-29 10-15 50c or Products, (Quarterly (stock dividend) Power Lyon 10-15 12- 10-30 10-30 1 Extra 11-10 (quar.) RR. Northwest Airlines, 4.607* 60C (Increased Rice 7%' preferred 11-10 12- ; Pacific Northern 10-15 4quar.)___ Louisville & Nashville 9 $1.06% (quar.i common Northern 10-15 $1.10 Mallory- (P. R.) $1 1 10-15 2 10-26 — —— Corp., common (quar.)__ convertible preferred (quar.) 10-31 11- (quar.) (quar.)— com. Illinois 10-30 (quar.) (quar.)_ State 11- 30c Corp., Hussmann Tdaho Louisiana 1 Corp., 10-30 (quar.)____ Dock, 25c preferred (quar.)_, Humberstone Shoe Co. (annual) Hydraulic Coal & 5V preferred 11- (quar.) 4'/i% Common 10-20 Car 11- 2 11-15 1- 2 11-1 12-24 11-10 12-10 1- 2 12- 1 11- 2 11- 2 10-27 10-31 11- 1 11- 2 11- 2 $1 Investment from Lorain quar.i preferred (quar.)_. Gas C6, (qtl'iir.) Shore 12-15 -- stock payable In 30c A-(quar.i Horn & Hardart Co. (N. Y.) Home'(Joseph) Co. (quar.) Howard 6 (increased convertible 1% original Lighting Island $1 (quar.)__ com. —— 11- 87 %c Loomis-Sayles Mutual Fund ' 62 %c (quar.) common $1.50 — $1.50 & Co., A.) preferred Houston 2 11- - 10-15 iquar.) 50c (quar.) 10-31 Pipe Co.— 25c Co. (quar.) 25C 25c common Extra__ Long 11- 57* Northern Boston'Theatres )quar.) Loew's - 37 %c 25c-" North 10-15 $1.12% _; preferred 8% •Holly Sugar Corp., common (quar.)_ convertible preferied (quar.)___ dividend) 10-15 10-31 96 '/4c (quar.) ER., Lock Joint 12-15 10-30 Holly Corp. Miami 10-15 10-20 (stock Co., 2 11-10 <fc Co. 10-31 $1 Co. Insurance guaranteed 11-1 (Henry) $2 Gas, Co. 11- 2 5c 47%c 93%C 35c 15c 25c 40c 50c 85c 20c 37%c 75c $1.50 28%c 25c Inc. Corp, (quar.)__— Ry., 4% adj. pfd. American 40c guaranteed $1 Holt 11-2 10-19* 10-15 12- 1 _________ 50c preferred (quar.). Co. (quar.) Special 12* 40c" Lumber Co., Ltd., 1 (quae.) Special 1:15c Mfg. 12- & 25c $1 40c interest—_____ 75c pfd. (quar.) preferred (quar.) 10-15». 10-3® 10-3® 10-16 ^ 75c $1.18% —37%c 60c 93%c iquar.), (quar.) Cloth Share North t30c Original class A4---_— Haldcn Niagara Electric Wire Y. $12%C A__ tquar.) Norfolk & Western N. 5 50c Indiana) 10-15 ; 2 25% 10-15 50c Co.—___ (extra) Paper Htnes "(Edward) class Co. Co., preferred |20c 3.85% Life 10-24 30c (quar.) 12-15 10-31 Y. 3%% 11- Belt Lionel 10-15 1-4-54- 12-31 N. tl5c 11- 2% 12 %c preferred (quar.) Corp., common (quar.)_ 10-21 10-15 ___ 10-31 11- 2 11-2 10-31 11-15 11-15 11- 2 — pid. (year-end) Brake 12-15 11- 11- 2 —_—__ (quar.) (quar.) 3%% beneficial Co. Air State pfd. com. Merchandise Y. 2 (year-end i Corp. Printing $3.50 of Process York 11-15 (quar.) 4y2% 2 * New New 11- Ltd 11-, 2 15c 10-16 11-16 10-31 $3 35c Fund— 12-31 25c (quar.) 11- $1.25 convertible Hilton; Hotels - 11-14 53 VWo- (quar.) iquar.) preferred dividend Stock 6% 2 10-31 56 J/4c Extra Lincoln England 29c (s-a) 12- C10- 9* 11-1© — iquar.) (J. J.) Co., Certificates 10-15 1 Co., preferred 12-15 10c National Wayne, Little preferred series A 4Higbie: Mfg. 11- 35c New Meter 4%% 15c (quar.) dividend Lincoln Link 7% preferred A (quar.) Hershey Chocolate Corp. 11- 10-20. Corp.— 5% Corp. Corp., Co. Savers Life 1 10-31 45c (quar.) 12-23 12-30 10-30 1- 2 1-2-54 10-30 12-10 15c (quar.)— Brothers, Neptune N. Liberty Fabrics, (N. Y.) (stock dividend) & Casualty Insurance (Tenn.)— 30c (quar.) 57* pfd. $2.40 Newberry 12- 10-15 Life 15c — Stores Salt 1 11-17 I 11-12 10- 9 Products & 10c Sons, Brothers, 1 12-10 Inc.— Co. Lewis 11- 10-31 Neisner 1- 5 11-1® 10-22. 12- 4; tl5c t5c $1.50 50c iquar.) common Shipbuilding preferred (quar.i Naugatuck Water Co. (s-a)_ 9-30 20c — & Leslie (quar,)__ (quar.)— 6% 11-14 $10c : iJamesi Lerner Steel 10-31 $1.75 Mfg. Leece-Neville 1-20 Starch preferied 12-15 (quar.)_ iquar.) dividend 10-15 11- 11-14 $1.12 % 4y2% Tire 10-22 56y»c 12-15 <quar.)__ A Inc., $6 preferred (Mo.) (quar.) & Lees fl2'/2C — (quar.) National 20c + 2 11- National 10- 9 11- tl5c 11-18 40c 12-24 2 $2.50 5c Extra 10-20 2-1-54 683Ac 12-30 10c pfd. iquar.) Candy Shops, Ltd.___. & (quar.)__ Corp. Machine 10c National $1 preferred Ltd., Co.________ Y.) Stores Hosiery Mills, Ltd., class A iquar.) Lead Co.. 6'% pfd. B iquar.) Malleable & Steel Castings Co National 75 c class A Mfg. (N. Grocers, Ltd., 10-31 11-15 $1.38 Co. Inc., Tool & Extra 50c Corp. Acceptance, Rubber Stock 11-13 1 12- 11- 1 and B Maire 11-13 15c \ 12- 11- — National — $1.20 preferred 5 2- . Powder Co., 4%% 9 (quar.)- H.), Secord Class Hercules Steel Products Corp.— Hifcbee; Co;, 5% 10- Extra. • 11- common preferred Hercules 2nd ; 2-15 Inc Industries, 12- $1.37 ya (quar.)__r_ Company, 2-23 $1.37% JHAys Corp;, 551 preferred (quar.) Haydock, Fund (quar.)__—____—_ iHecht 3-10-54 15c (quar.)_ Hat Corp. of America, 4!/s%. pfd. Hayes Mfg. Corp. 11-24 11-14 i (quar.) Marx (quar.) class A Schaffner & Hartz (J. P.), Ltd., Hart, 10-23 f$1.25 _____ pid. Light Electric Welding (quar.) (quar.) (quar.i Bank 15c Machine Laurentide 2 12-10 t35c (quar.) Electric National (quar. (M. Bryant, Laura i$1.25 (quar.) preferred $4.25 preferred Hartford — — A Co., 5% 7* & (A.) 5%% Co,, A.) 8 Ltd Mines, (Alfred), Inc., Class Landis 45c _______ (increasedi—:—— B Hanna class 1- preferred tic (quar.j__ 4>/2% preferred preferred Lamston 45c (quart¬ common (quar.)__ Co., 1-15-54 <quar.)_ Telephone Shore Lambert 2 11- 1 (quar.) iquar.t__ preferred 5%, Ceihenting Ltd., Department & Co. Mfg., Crosse Lane (quar.)__.— common ——______; Cotton, preferred National fund" income (quar.) S.) Lakeside Laboratories, __________ Well 8 (s-a)___ Stores, Inc. (S. (S. Lake Co.— 50c Brothers Co., 4- Mining . Halliburton City (quar.)_ Gold Kroger Company, 7% Gurney Products, Ltd., $1.60 pfd. (quar.)__ Gypsum Lime & Alabastlne of Canada, Ltd.— Quarterly Halle National _■. Lake Kroehler 4% (quar.) Chemical 8 $7 Inc. National - Kresge Corp. dividend Stock 10-31 10-31 10c Oil Gulf Extra 50c (quar.)— ER. National 1- $1.40 preferred Kingston Products Corp. 50c + — preferred' tquar;> $5 preferred 11-16 .— Ohio & _______ 20C gainst Mobile 11-13 12-15 75c stock common investment net convertible 4% (13c from net invest¬ 7c from net realized and income 1 Knnberly-Clark Corp. Fund— 7 Pinal for fiscal year ment 11- 10-13 Brewery Western convertible preferred 5 % 11-20 10-30 (quar.)_ Co. L.) Hydraulics, Griesedieck 2 25c 25c " $2.25 "income from Fibres, common 1-2-54 $1.25 (s-a) special of 90c from net realized gains) Keystone Pipe & Supply Co., $5 pfd. (s-a)__ 10-10 1 11- 31 %C (accurn.)— iquar.t-—____— Inc., common common Stores, 12- Automotive Casket Co., 1-15-54 a 1 Grayson-Robinson (quar.)_vT— common (quar.) S-2 (48c 11-25 12-15 J25C .__ Series National National 37 %c Co., class A (quar.) Keystone Custodian Funds, Inc.— 10-20 11-13 11-13 37%c 4-15-54 Co., preferred 1 l Payable of Reo, 15c 1-15-54 50c 12- 1 65c 11-16 $1.75 12-31 25c 11- 2 50c 11- 2 25c 10-30 5c 10-30 t(quar.) Inc. Holdert When » Share Company Airlines, 87 %c $1.12% —_ <quar.)___ Keyes Fibre 10-20 56 '/4C (quar.) (quar.i Stone Common 9 10- 10-31 t50c —-- Gould-National Kentucky 5% Goodyear Tire & Rubber Co. of Canada, Ltd. 12- 12- 95c preferred (quar,). preferred (quar.) 4'/2% preferred (quar.) Kellogg Co., 3]/2% preferred 11-16 12-15 National 4% 1 11-16 12-15 15c ■ Per Name of Payable of Reo. , Power & Light Co. 3.80% 2 11- Holdert When Per 12-18 $2.50 — <s-a)_ & Rubber Goodyear 1-2-54 15c — __ —_____ preferred $1.75 (quar.)_—.__ com (quar.) 12-15 Kansas City 1 12- 10c Share Name of Company Payable of Rec. Share Company Holdert When Per Name of October 26, 195& Chronicle... Monday, 10-15 . ,10-1® 10-16 11-13 11;13 Volume 178 Number 5267 The Commercial and Financial Chronicle :.. (1611) ;•> ;* 4' [ 'V*: ?- v.. " » Name cf -. Rhode Company Island Quarterly Rice-Stix, Inc.Rich's Inc., 3%% Extra f-"'/' Per I f 11- 2 10-20 50c 11- 2 10-15 30c (quar.) Inc., & (quar.) 4.50% pfd. Electric, 4.10% 4%% preferred *Rohr Aircraft preferred class preferred preferred Saguenay. Power, « St. Louis-San 5% - 10- 7 Trane $1.17 11- 2 10- 7 Transcontinental 10-26 10-15 11-1. 10-20 ll-:i " (San Ltd., 25c Antonio Transit Quarterly Scarfe & x., . 10-30- E Schenley 10-31 10- . 1-2-54:' 2-15-54 11- ,2- X (.L 50c 11-10" ,i^-5r<1> 2-. 1 Scotten, $4 preferred; (quar.)^.^;-- Dillon 85c , Co 30c 7 U. 11-14 10-23 12- 1 ./ 12- 1- s (quar:) 12-17 i S. of America i__ <quar.)__ 15c Sjiirriff's, Ltd., 5%, preferred (quar.) Sherwin-Williams Co.. of Canada, Ltd.— '-..Common Co. i 7—__ Sierra Pacific 6% Power, preferrod Sinclair Oil . 1 S. Radiator Corp., S. A Smith (A. (increased 90c a Bend Lathe Extra__ South common dend Southern 11-20 10-30 9-30 10-30 $3 10-28 v$25c (quar.), Corp. 2 22'/2C 11-14 in 10- 2 Warner & Warren 11-30 & for Electric the 4.56% Public 3.70% 3.90 7c preferred Service 4.60% preferred (A. Stock G.) prior Westchester Fire 5 Western Air 10-31 10- 5 Western 10-16 11- 2 10-15 11-16 10-31 , 30c 1 5% 10-20 11-1 10-20 11-1 10-20 $1.06% ' " 5% 20c (quar.)_-__ * " '■ ___.._ Quarterly Spokane Portland Cement, Ltd., ■'* : ' 5c 11- 11- 1 25c ' 10c 10-15 ... 12-15 12- 12V2C 11-13 11- Quarterly 12V2C Special 7_________£i._-—____'—7_—' I2I/2C Stanley Brock, Ltd., class A (quar.): .f. •• tl5c 2-15 2- 5 2-15 2- 5 (quar.) . — Class B Stauffer (quar.) Chemical Stecher-Traung - 5% (A.) & Co. (initial) Steel Bros. Co. New of Stores, Inc. Canada common (quar.) Stevens (J. P.) Stokely-Van Camp, (quar.) prior 5% 5%> prior Suburban $4 Sun Oil Propane 4J/2% & Co. Inc., 4-1-54 6-17 1-2-54 12-17 4-1-54 3-17 7-1-54 12y2c pfd. A 11- 2 11- 2 (quar.) 7-16 11-16 10-31 30c 11- 75c 11-2 10-20 11- 10- 9 11-18 , 6272c 2 (quar.) 11- 10-31 controls A. 11-16 11- 2 10- 2 Laurel 11-15 2 1 A 10-16 10-30 12- 10-31 The of Pearson Technicolor, (s-a)_ 11- 10-15 2 11-16 11- 11-16 2-15-54 1-2-54 (quar.) 11- 2 2- 1 the company of All 11- 2 2 1 10-26 (quar.) 15c 11-16 11- ment Inc.,. 'Texas Electric Service, $4 Texas-Illinois Natural Gas Common Texas (Canada), Ltd. 12-15 12- 1 10-31 10-20 (year-end»__ com. (quar.)____ Co. The Inc. : ' (quar.) Extra . is planned for letter to a. the early common plan for the not yet prepared to submit stockholders who wish to of such as plans completed in the from summer stockholders, are ready, future business plan for a the withdraw will stockholders of retir¬ from be the of far so shareholders' have equites caused ad¬ presented material no in change proxy state¬ i the to Willys Motors, Inc. (formerly Kaiser Manufacturing 200 Government contracts now have been approved and cumulative 11-20 12-18 11- 10-23 10-23 11- 7 45c 12- 1 11- series A, has been paid the and retired. Of 2 12-1 the 10-16 1-31 liabilities totaling $28,267,445 assumed by the purchaser on all but approximately $750,000 have been paid, or WillysMotors, Inc. has received creditors releases from liability. unpaid and unreleased liabilities assumed by the purchaser are secured 11-16 10-31 by funds held under More than 90% of obligations, investment have order an escrow receivables, been Purchase 1-15 and agreement. including Government termination collected. future commitments for materials approximately $145,000,000 10-31 which were outstanding with approximately 3,000 vendors been assigned to Willys Motors, Inc. The vendors have accepted assignments and releases of liability of Willys-Overland Motors, Inc. have been confirmed by the vendors. 10-15 have the $1.25 pfd. (accum.) 11- 1 10-15 $1.26 (see stock, Overland 7 Corp. 6% preferred closing date, $1.50 .11- 1 10-15 10-31 10-19 $1.50 Internal of year Revenue Service has accepted the advancement of the fiscal Motors, Inc. to June 30, 1953. Income tax Willys-Overland returns Wood Gar have now adjustment by (F. W.) Miles (quar.) 50c 12- 1 been filed and are the Internal Revenue subject to examination Service. and final 25c 11- 2 Co. 10-20 10c 11-15 10-31 Gas 1 (quar.)___ (quar.) Co. 11- 2 11- the 3772C 10-31 377iC 1-30-54 3772C 4-30-54 3772c 7-31-54 (quar.) 11-15 10-30 ^Transfer 10-26 10-19 tPayable in U. 11- 10-15 preferred current be of a in Corp., Ltd copy of the 12-15 11-16 x Less 15c 10-31 10-15 y Corrected 5c 10-31 10-15 Previous S. Jamaica Funds, Wisconsin 10-10 Bankshares Corp. — Secondary Distribution secondary distribution of 14,508 shares of common (no par) was made on Oct. 14 by Robert W. Baird Co. at $14.50 per share, with a dealer's discount of 1-10 -—A 4-10 stock 7-10 & 11-13 35 cents per share. 10-30 9-30 V. 171, 11- 2 10- 1 11- 11- 2 2 10- 1 this for Funds, 29, dividend. Canadian non-residents' less 15% tax deductible at the tax. source. Non¬ SEC published has of record incorrect. ureferred $6,500,000 System were issued request order an hearing a Co.—Hearing giving upon proposal of ;this company. The company (.competitive 'bidding, 75,000 shares of Of holders dates to .cumulative tax. or 1953, closed the were stock. Proceeds are interested the dates are reported here. for V. of (parent) capital 178, p. same short-term and to day.—• or Financing until stock Oct. financing to issue and sell, at class $100 par value proposes a to new be payable1 to applied to the payment New England Electric the balance, if any, to be used to pay to reimburse the treasury therefor.-— nctes banks, expenditures 1515. on persons preferred ' tax. income Books 231. p. Worcester County Electric 10- 1 15%; resident tax 7%, income payment audited balance sheet when it is ready.—V, 177, 12-15 $3772c closed company. 1908. $6c — of the company's financial condition as of Oct. 31, 1953 Arthur Andersen, and company shareholders will 75c common f317»c Canadian tax British 25c not by +20c Gold (quar.)— books the made receive p. 9 operating expenses audit An will 10-15 11-30 50c 50% (stock dividend) of the company which have been liquidated are in cash or in short-term securities,. which are providing income in excess o£ prime 11-10 (monthly) Co. Ltd., common preferred (quar.) Less with handle to by $4.50 12-31 90c — (from Service Consolidated 4'Payable pipeline the are made York, April 6,.1953. of over The a the are soon estimate of 11-30 $1.50 (Wm.), .Jr. Co. fl272C 2 who been New Government. 10-23 $1 York have [ Assets resident (extra) Industries (quar.)_ New of accepted by the various departments of the U. S. Government. Some these Government contracts are in process of completion by Willys Motors, Inc. and will require auditing by two companies and The Power, Industries 11-16 Pipeline Co.— and As 25c (s-a) (quar.) preferred (quar.) 1-2-54 • preferred extensive marketing facilities in the by this products pipeline. study of the economic feasibility of the line yet formulated as interest Assignments 2 15c 11c Zellers, 6% of transactions Corp.) (monthly) Youngstown Sheet & Tube, 5% the the 10-16 11- in 10-16 11- 6 1 Exchange, have President, in not ing 9 50c 10-13 12- have We 12-10 $1 2 10-16 petroleum Billings^ Carter Oil Co. and said in part: 2 $1.43% 4c 50c . Central eastern. serve The Willys-Overland Motors, Inc.—Little Change in Share¬ Equitiesj—Ward M. Canaday, Chairman of the 10- 9 (quar.)_—: 25c Carson Union will with finished $7,000,000. shippers served Board and 10- (quar.) 20c , preferred h South Dakota approximately terminal holders' 10-15 ■ Taylor, and Ls petroleum to area vised. 11- 2 To — contract a refined refining Glendive, Montana, which cost Co.—who completion 10-15 10-30 (quar.) 11- 8-inch an 1954. ; 10-16 10-30 (quar.) 5 Mont. that certificate of fast amortization for the line has been obtained Defense Production Authority. 11-2 75c (quar.) 12-10 in North will the 2 fl272c preferred convertible preferred 11- line of Billings-Laurel Oil 2 $1.25 preferred 2 located western be 11- $1.25 preferred 4 will 11- $1.25 convertible 1- Billings, announced construction the refiners—Farmers 40c (quar.)— convertible 12- the 21 Mr. Hartwig said that a been prepared by Ebasco Services Inc. of designing engineers, and that arrangements Dillon, Read & Co., Inc., investment bankers the financing. 10-30 11- 11-16 $25c (quar.) com. convertible 6% be The Continental 10-15 25c (quar.) 6% 25c (quar.) and for from Oct. on Co.— 6% 26i®c (quar.) to Montana 11c Public County Yukon Pipeline, Inc., President into facilities area 15c 10-15 6 entered 9 11- Basin pipeline Yellow C&b Co, 11- possible. Intrafax Hartwig, business. Yosemite Park & Curry 11- before never the products 2 11- $1272c 10-20 $1 A W. being 11-10 10c ■><. (quar.) 1 1 cost a ( ; an by permit Williston 10-15 11-20 $1.1272 11- 12- at has 10-15 ,12-19 and , Build New Pipeline— 10-15 2 1772c 10-19 30c handled are 4 50c 2 27'/2c York 10-20 5 11- 45c 40c 10-30 $1.1272 (quar.) New extra-large legal-size letter, 87jx14 inches. Cards as readily as onion-skin paper. Electronic sending of half-tones of black and white material and positive and negative copy."—V. 178, p. 1278. 4-16 8-2-54 products. 6% (quar.) preferred efficiently postage stamp to 1-15 5-3-54 (quar.) 65c (quar.) in new Intrafax will send a standard-size letter complete in less three minutes and transmits typed copy at 300 words a minute. "The transparent transmitting wrapper will hold anything from a 10-16 2-2-54 10c (quar.) 11- * Business Show on "The 3772c j. Investment Wysong & York in unveiled was than ■ Woolworth 6-17 National in use communications minute, job 12-10 34%c Rubber Electric (Gar) Wrigley designed for internal a 6 12-21 Co., Ltd.— preferred 3-17 7-1-54 Wood the machine, flash words 1 1-15 10-15 317»c Witherbee Sherman Corp., . (quar.) 4% 12-17 25c : 5.20%> 2nd 10-19 1-2-54 at company Intrafax will 300 11- 10-16 2 30c $1 Co.— preferred Superior Steel Corp. Swift (quar.) (quar.) (quar.) common convertible 10-31 at 12- preferred 5.04% $20.87 . 11c preferred 5% 12-14 25c ; common Gas, 1-2-54 25c (quar.) 474 7c preferred series Sunshine Liscuits. Inc -Talon, 7 10-13 25c (quar.) Securities preferred Co., 5'/2% 10- 15c Spring Corp. Sunray Oil Corp., 2 10-28 $19.58 11-17 ___. Wisconsin $19.56 12-10 10-31 9 Industries) (quarX—*—- preferred Electric 2nd Suburban 11- 25c by this that form . 10-23 10- 11- 10c income) 19 letter-size organiztaions, "picture" City. 10-23 2 2-1-54 (quar.)— common Grocery preferred 6% • ; preferred Greene 11-27 15c Inc._ Inc.— Strawbridge & Clothier, Stubnitz 12-11 50c —: __i_____i—— preferred prior 10-23 57c . (quar.) 5% 7 f20c — '.L (quar.) Common 11- 15c Co., & Common 10-30 $ 12-15 2 11-2 60c Extra 6% $ 262,055,331 252,483,390 246,183,017 13,395,464 12,897,153 11,794,699 $1.25 (quar.) 1- Wisconsin (quar.)_ Common 11-14 37y2c Bros. Lovett Wisconsin shares' details of Monthly 11-16 offering of 13,071 stockholders. See its share--:.--—.: high-speed, $2 (quar.) (quar.) its by . 484. p. new, Oct. 11- $2 (quar.) (quar.) A announced 1101. ;_ value, per 178, facsimile Ltd.— (initial quar.) preferred 1 1272C Monthly 12-19 10c — .Sterling Brewers, Inc. Stern & Stern Textiles, Inc. 41/2% 1 12-31 30c (quar.) A 177, $12Vac 11- 25c Ltd. expected /,/. . .j." , ; , ; ■ / "The leasing of such private 'picture' communications systems to industry," said E. C. Bo wen,, General Manager, "is anew service de¬ signed to end the bottlenecks and delays in moving correspondence that have long plagued both large and small business organizations. "Intrafax is useful for the speedy, error-free transmission of letters, orders, requisitions, drawings—all kinds of documents—between floors; buildings, departments and branches," said Mr. Bowen. "It does the 30c .$1.3174 10-10 12- & 3.60% 1 Sterchi 1 1 $1.25 - Extra 11-16 (quar.)_ Wisconsin Bank Shares 10-10 11- 32y2c __: A B Winn Corp. (quar.) Co. 11-1 f 10c ; Lithograph preferred Stein I 12- (quar.) Co., Extra 5 Corp. (quar.) RR. preferred Whitehead 11-30 10-15 Silica $1.0674 White Sewing Machine Corp.— $2 prior preference (quar.) 1 12-10 Standard (quar.)__ (quar.) Telephone 19 oversubscribed and outstanding customers' . 11- 2 pfd. 10-16 3772c Wheeling & Lake Erie Ry., com. 4% prior lien (quar.) 10-15 1 ; Pacific Class 6 11- 56 %c " common . 4V2% 11-2 (quar.) preferred (quar.) Class " - .' Co., 35c ___ Securities Westminster Paper 10-20 11-25 t56V4C Fuel (quar.)__ (accum.) preferred 5% 11-25 12-15 12-10 , A preferred 5% 10-20 12-15 2 7« 7' 10-15 ; Breweries, is states.—V. Western Union Telegraph Co.—New Machine— 10-15 preferred Western 10-20 1 11-1 25c ii 1 11- $1.15 (quar.)____ / 4y2% conv. preferred (quar.)__ 'Spokane International RR.— Standard 11- - $1.10 (quar.)__ Spencer Kellogg & Sons. Inc.__— Special Investments & Securities— Common $1.03% class Western Light & 5 7j% 11- Inc. 2 10-30 3772c Inc. Oct. on was 1278 assets———. asset the Lines, Western Insurance $2.50 $1.20 92V2C _J.__— Net —V. 5c 3772c Insurance Canada 11- 2 97V2C _i_ri 11- 6272c Pulp & Paper— preferred (quar.)_ 5 application Sept. 30,'53 June 30/53, Dec. 31/52 net 9 25c preferred 10- Co.— Brothers, dividend 10-27 10c Co. the $ Michigan Steel Foundry— 37%c, 7 4.157c"preferred (quar.) 4.25% ' preferred (quar.) J^_i_____________ 4.40% preferred (quar.)__: Spalding 10- 11-14 Kentucky Coal Co. (quar.) 10- ' . 10-30 $1.50 „• Fixture 178, Shares 10-30 Co & corporation Total 10-23 Showcase program a Wellington Fund, Inc.- -Reports Record Assets— 10-15 11-13 (quar.) com. of which operates in Virginia, future, As of— 10-23 10-31 (quar.) < 1 11-10 10-31 (quar.)— preferred 11- 11-10 28'/2C (quar.)___n_v^ Corp., com. <quar.)____ Southwestern 12-11 75c (quar.) preferred (quar.) 28c (quar.) Drug 1-2-54 2272c » (quar.)_ 35c preferred near 10-15 $1.0674 47j% Petroleum— preferred 2 West Virginia 6%: preferred (quarv) i Southern Indiana Gas & Electric Co.— 4.80% 11- 9-10 $1.1272 7% •#) r 10-15 conv. 50c Southwestern (s-a) 2 10c Pictures, Inc. 5% Bros., part 2 11- The A West 7 Southern Co.— California 10- 11-4 35c preferred Weber (quar.)__ preferred 2 11- 30c (quar.) Swasey ■ Southern pp. \yti ;.10c West Co. Edison V. Waverly Oil Works. (year-end)__ was (quar.) preferred in $4.50 yll-16 ;• > intended 2 $4.25 yii-16 11-30 previ- columns 10- " 3772c common the stock 2 (quar.) Warner Brothers 10-31 50c preferred these - common ,6272c"'-"Tl- (quar.) 10-15 t75c (Wis.), merger is Welex Jet Services, Inc.—Stock Sold— of • (quar.)___ Co. proposed Washington 10-15 10-13 (quar.)____ preferred 9-30 <quar.l___ 4.80% a California r4.48% Walker Mfg. 11- South Jersey Gas Co. has-only issue outstanding, the divi¬ Gas Common ■ Vulcan 9 t50c Co.— on was Indiana r- 10-16 11-13 30c - preferred 10- 50c com.: (quar.)_ 6% in t 10-13 (quar.) (quar.) (quar.) preferred 12-15 _ 50c published incorrect, a 11-2 10-16 of Rosslyn Gas Co., effected 2 (quar.)__ preferred (s-a) preferred be Fund— Co. into this company of has been filed with the application by the two com¬ merger 2788. 1 common preferred 11-2 65c (quar.) 2 to p. 1 preferred Washington Gas Light Co., Works Gas payment ously 11- $1.50 ____ ,____. Jersey i^The -■"- • 6% ;6% Co.— preferred conv;. South 50c $45c O.) Aircraft 9 6% quar.) (quar.)—_____ Corp., common Smith Douglass Co. _(quar.) Smith (H.f Paper Mills, Ltd., ^4% preferred (quar.) Solar 10- 9 11- —__i com; the subsidiary, joint a and its subsidiaries. Washington's George's Gas Corp. and Washington of Maryland, Inc.—were liquidated on July 31, 1953, and 11- (quar,)_ 6% $13.58 subsidiaries—Prince 11- Corp. of America (auar.) Vapor Heating Corp.,:;5% preferred Viceroy Mfg., class A (initial quar.) Virginian Ry. 9 unification $10 Camp- Sea Food Co. :(quar.) Norman 2 in application says that the 15c (s-a) Continental convertible 11- for wholly-owned a Commission Maryland Gas Light Co. the merger of 10-12 • Power the two 10-20 10- , $13.62 Co.—Proposed Merger— authorization Co., (accum.) Vanadium 7 com. 8772c Corp., $6 preferred (quar.) United Transit, 5% preferred (quar.) Van 10- 1 for Gas (quar.)__ com. Co;, 472 %; preferred preference 10-20 11-2 1$1.75 (quar.) . 10-15 2 11-16 11- for 10-20 11-10 ! panies. The 11-16 $35c • M'Van 10-14 9 10-20 50c Corp.,' Co. Lines •11-' 2 ■v 10- share per 1199. p. request Federal 10-20 —f 177, A 5 11-16 $1.1272 Ltd value 25c Fire Insurance $4 2 Sept. 30, '53 June 30, '53 $3,497,326 $3,430,243 assets.--^ net asset Potomac 11-16 $1 preference Machinery Valspar Corp.,1 11-25 11- Street Investing Corp.—Asset Value Up— Washington Gas Light 10-19 11- 9272c 574 % preferred (quar.)_______ Utalr-.-Southern vOil - 2 11-16 $2 B -(quar.) Shoe .6% Total I (quar.) Upper Peninsula Power Co., Blumenthal Corp. (quar.)_ Ltd.,'common Slater-(N.) 11- " . 11- 25c 8772C net-investment income ' Universal Leaf Tobacco Co;, com. --Universal'Pictures Co., 474%.pfd. 9-25 2 10-31 t25c ;,J%. preferred, (quar.)—, Blumenthal Co. (see [Sidney] 11- f25c tquar.), Sidney 10-14 Wall As "Of— 7 ' Canada, Calif, S. . Corp. 11-2 From 11-3 11-25 of of convertible United < 1 12- Co. Co. U. . 12-17 :; ;/'*%50c 12-15 S Selected American Shares 7—v-12c 10-27 i> Selected Risks Indemnity (stock dividend)— * 10%. 11-12;.. Serrick Corp., ^lass B (qiiar.),7 40c *7.12-15 7.. ..Class A <quar.)__*___—22c .12-15 Servpraechanisms, Inc. ^quar.i^—^'i—-—1; 7. • 106 11-16. Shawinigan Water & Power Co. (quar.)____" $30c 11-25 Sheraton —V. United Stores 12-17 Oils t Del.)- Net 11-17 2 (Continued from page 9) Corp.— Vitamin Gorp^-, (quar.) /• United Steel Corp., Ltd.—; " 12-17 ; Missouri U. 11-13 s' 1-10 Seaboard 11-17 1 (quar.) U, , ni-iT ! Pipe Line Extra ' ' . 1"' ,s 10-16 11- Gas preferred (quar.)..-.^-— United Specialties Co.;: (increased) : 7-20 53c ,r7.f,,l-;l0' convertible preferred, (quar!)__//l!i;\ ,/\43c ./>1-10 preferred (quar.)_ljl___i $1.43% 1-10 $5.75 1 12- 6% 10-16 jpMterredw4quarl)f^^!7-^-^-i7-^-tV..:V:' $L72 . 12- $1.14 12-15 Cigar-Whelan Stores Corp.— United 4-20 $L,.«11-v 1 Iquar.)^-;;;^, 91Vic ;<u4.3a% preferred tquar. («$1.07I/2 Seaboard Finance Co., commonV(quar.')_^-_ 1 '"..1 45c 7-$2.12 ; Gas Oil Class 1-20 27Vic.'<>%*■ >2... u*.' (quar.ilii._^4--a_;(-^_-. ' : 10-20 •;Scqvill Mlg,^Cp,y«-3^5%v.prefpriTd', •v $1,0674 —u_____i United Cities Realty, 5■%, preferred United Drill & Tool Corp., class A ' % 10-20 11-.,2 V ' 5Xh'/H preferred , 1 27%c ZXVzC -v (quar.) 1 10-15 it preferred 10- preferred $3.50 11-1- 210-15 27'Vic $3.40 Union ' 5'/2 %' i preferred A .fquar.)wraL__-^c_^iJ'-;!!''l Scott; Paper .Co., 10-15 10-28 (quar.)—: Electric, of United 1 5- 11- iv 1 •./ $20c _! 12- (quar.)_/_ pfd;. A (quar.)(quar.)___L__-_ A 11- 1772c (quar,) preferred (quar.)_, $4 preferred (quar.) $4.50 preferred (quar,)___ 10-31 "13c Inc. A 62y2c — $3.70 j; ' - 12-1 W "i 9 11-15 10 c Industries 10-30 (quar.) common preferred $3.50 > • 12-11 12-15J 14c "* _ v5^%. preferred ; union 10-31 • $1.25 v 14c Ltd Schwitzer-Cummins,: 5% % • 10-15 ;/4.,'„14c! 5-15-54 _________________ Mines, $2.55 10-10 './•/ Co. Union " 1. * ,11-16 " t$1.06 — Ltd.," class A Co., Class 4quar.)L_ (quar.)_: 12-15 11-15 Trinity Universal Insurance (Dallas, Texas)— Quarterly Tudor City 9th Unit, $6 preferred (accum.) •10-30 -v 10-26 ? &. 50c — Quarterly.—_I_ VSan. Antonio Gold .. pfd. Ry. Co. preferred A;'(quar.)______ " ... .-J * 4V*% 11-14 : '• < 10-20 Francisco convertible Co., 2 ». (quar.) Edison 11- 'V - . 1-2-54 (quar.)____: A_____—$15c _____ $1 60c , (quar.) 4.56% 15c Investment News 1-2-54 63%c 4.25% 11-16 Toledo Corporation and 9 9 3174C (quar.) 11-16 15c 10- 10- Thatcher Glass Mfg. Co.— $2.40 conv," preferred (quar.-)i. - Thermoid Co., $2.50 preferred 25c Ltd., (quar.) 1 t- 2 2 (quar.) 1 - General 10-9 11- 11- 3772c A 12- •_• S.& W Pine Foods, Inc.— conv.: 9 10-20 series 12- Russ Building Co., 6% pfd. (accum.)_;a_^L_$2.50 Rutland & Whitehall' RR; (quar. )^_l-ic:%_i:i'.;. i $1 4% 10- preferred 15c common...„„i_ ___^^ .Royal Oak Dairy, Ruppert (Jacob 4% $1.18% 25c Stores; Class B (R. I.)— - $1.25-convertible preferred $1.02'/2 Corp. Rose's 5,10 & l _ 2 Textron, Inc. 11-16 ~ 11- $1 1 common (quar.)__ (quar.)____^______r i_ Holdert Payable of Rec. $1.14 $1.21 9 10-30 (quar.) (quar.) 10-20 - When Share pfd. (quar.)_. 12- (quar.) preferred 10-20 preferred preferred $1 .Rockland Light & Power, 4.65% $4 . preferred (quar.). preferred (quar.) $4.84 ' 10- 11- - 4 Co.; $4.56 2 11- /. 10c 56(4c :__t" 2 Cov-.pany 2 11-2 28c A (quar.)_ (quar.) 1 com. 11- 93%c :____ __ Mills, Inc. Per Name of Texas Power & Light * $1.25 Rice Gas H older1 Payable 0/ Rec. — common Mills, Rochester When Share ■ (Providencei ———__——.___ Robbins 4% Trust (quar.) preferred River Brand • ' Hospital 47 Commercial and Financial Chronicle... Monday, October 26, 1953 The 48 (1612) STATE AND CITY DEPARTMENT *i »j NEGOTIATIONS BOND PROPOSALS AND til 11 a.m. (PST) on Nov. 3 for bids until 8 p.m.;(CST) on Nov. 5 Midway City Sanitary District, the purchase of $350,000 building for the purchase of $134,000 build¬ Orange County, Calif. Bond Offering—W. M. Fraser, bonds. Dated Dec. 15, 1952. Due on ing bonds. Dated Oct. 1, 1953. Due School District, Calif. Sale—The $85,000 build¬ Centerville ALABAMA Alameda County, Birmingham, Ala. Offering — C. E. Bond Bond Arm¬ strong, City Comptroller, will re¬ ceive sealed bids until noon (CST) bonds. 1953. Due $32,000 3s. Due on Nov. 15 from 1963 in¬ 1954 to 1957 inclusive. and interest 16,000 2v2s. Due on Nov. 15, 1958 Principal clusive. payable j(J-D) Chemical the at York City, First National Bank of IBank & Trust Co., New the at or Legality approved King & Dawson, of Wood, Leeds, Ala. Warrant Sale—An issue of $75,rants general obligation war¬ sold to Hugo Marx & was £k>., of Birmingham. Dated Oct. 1, 4953. Legality approved by 1960 to 1964 inclusive. High Sch. Dist., Sacramento County, Calif. Bond Sale—The $375,000 build¬ 1515 p. Bank Francisco, as follows: and $390,000 15 from from School District Sacramento County, Calif. Bond Sale—The $52,000 build¬ Fortuna Elementary 1, Trust National of Association, Savings San Alameda District, School County, Calif. Sale—The Bond build¬ $91,000 ing bonds offered Sept. 29—v. 178, follows: as on and 1964 $35,000 3 Vis. Due on Nov. 15 from 1954 to 1958 inclusive. 56,000 3s. Due 1959 Rio School District, Union Bond Sale—The €207 $24,000 sanitary Grant Union Sacramento County, Bond Offering Calif. C. LaRue, C. — County Clerk, will receive sealed bids at his office in Sacramento, — SCIlis & Co., (M-N) of Phoenix. from payable the at Legality office. Treasurer's 1515 p. were — ap¬ No. 21 County School District (P. O. Phoenix), Ariz. & 17 (P. O. Yuma), Ariz. Sacramento County, Bond Offering Sale—The $225,000 Bond build¬ ing bonds offered Oct. 19—v. 178, 1416—were awarded to a group p. of -composed C. — Calif. C. LaRue, & Kenneth Ellis & of Tucson, Co., Co., Phoenix, and Bosworth. CALIFORNIA Alameda School Los Sch. Dist., Ventura County, Calif. Bond Offering—L. E. Hallowell, Hueneme Elementary Angeles County, Calif. 10 Offering—Harold J. Ostly, purchase •County Clerk, will receive sealed a.m. until 9 bonds. Principal and interest (J-D) pay¬ of $156,000 building bonds. Dated Nov. 1, 1953. Due on Hie purchase able Treasurer's County School Marin Bond District, Riverside Sale—The $285,000 District, Sale—The $125,000 1316 Bank were awarded to the America National Trust Los Bond — of Savings Francisco, $30,000 as 5s. 1954 to Association, follows: on Nov. 1956 inclusive. Due 135,000 3V4S. Due 1957 to 1967 on 1 San build¬ from on 1975 inclusive. Angeles County, Calif. Sale—The $25,000 build¬ Bond Sale—The $25,000 build¬ ing bonds offered Oct. 19—v. 178, p. 1515—were awarded to J. B. Nietos School 2%s, at a Angeles County, Calif. Bond Offering—Harold J. Ostly, bids at his office in until 9 the a.m. (PST) purchase bonds. Dated of Los Angeles, on Oct. 27 for $30,000 on to 1963 to 15,000 3s. 1968 to 1962 Due on June 15 from inclusive. Nov. 1 from 1954 on tq;I968 inclusive. office. Ford* from 1953. 1, 1954 to Due in¬ 1969 Principal... and interest Wayne and Edwards Counties, the for counties for license State schools counties to of 30 years vehicle for construc¬ Drainage District (P. 0» Fairfield), III. Bonds Sold construction purchased 4 Vi % of on an Dated gality Due on June 15 from ing bonds offered Oct. 14—v. 178, p. 1316—were awarded to the Se¬ 2.40%, 2 Vis. follows: as bonds will at 1, by price- a 1953. Le¬ Charles & Trauernicht, of St. Louis. INDIANA Alexandria I School City, Ind. be offered sale for on $4,000,- bids until 6 p.m. (CST) on Oct. 30 for the purchase of $56,000 ed Hillsborough County; $2,- building bonds. Due semi-annual¬ for Broward; $2,000,000 ly from July 1, 1955 to July 1, 1966 for 000 each for Palm Beach and Orange; Volusia; for $1,500,000 inclusive. Interest J-J. Legality approved by Ross, McCord, Ice & Leon, and $1,400,000 for Lake Miller, of Indianapolis. would bonds not Bedford, Ind. constitute obligations of the State. To Issue Johnson, Bailey to Discuss November Of¬ Bonds City informs — that us Margaret F. Clerk-Treasurer, the fering—Thomas B. Bailey, Florida Council will consider State Superintendent tion, will Common ordinance address of Educa¬ luncheon a meeting of the Municipal of New York according made Friday, Nov. 13, on to Forum announcement an by Fred D. Stone, Jr., Presi¬ of the organization. Mr. Bailey will discuss his State's long range school financing program, dent with particular $15,000,000 Nov. well will out reference bond 24. is It estimated $100,000,000 over eventually be the to scheduled sale of sold that to of sive. be The Nov. 20. 1516 were — Trust awarded Co., price of 100.32, a the to Chicago, a as basis of about 2.97%. an mature are serially sale on Council, Johnson, contracts for to about or Common Miss to expected has improve-] ments and extensions to the exist¬ ing of sewer a system and construction sewage treatment revenue 178, p. bonds offered Sept] 1103—were awardec Fox, Reusch & Co., and Magnu: & Co., both of as i plant. Chesterfield, Ind. Sale—The $65,000 sewage Bond Cincinnati, jointly 5s at par. Crawfordsville, Ind. Sale—The Northern The approved Park p. for according to Ridge), 111. $390,000 build¬ ing bonds offered Oct. 20—v. 178, to bonds offered 30—v. County Community Consol. School District No. 64 (P. O. Nov. 3 Dec. 1 from 1957 to 1993 inclu¬ on works Cook bonds revenue carry ILLINOIS on providing for the sale $1,900,000 4% sewage works, bonds the complete program. Bond bonds 1417 Sale—The offered — $126,000 sewe 20—v. Oct. 178, p awarded to Halsey Inc., Chicago, as 2s of 100.03, a basis o were Stuart & Co. at price a about 1.99%., Cook County Community Consol. School District No. 64 (P. O. Due on 2 Vis. Due on June 15 June 15 1969 on June 15 from Ridge), | , Sale—The $290,000 build¬ Co., Chicago, at 100.32, of price a as basis 3s, of Sale—The 178, $290,000 gen¬ 1417—were awarded to p. Halsey, Stuart cago, as 2 Vis, at a & a Co. Inc., Chi¬ price of 100.81, basis of about 2.03%. No. County School District (P. O. Box 106, 95 Education, will $350,000 bonds revenue —v. 178, p. firs* offerer 1516 —wen* awarded to Raffensperger, Hughef & Co., of Indianapolis, as 3%s, a a price of 100.12, a basis of abou t; Bond Portland), Ind. Offering —The Townshi City Yards im¬ Trustee will provement bonds offered Oct. 19— until 2 p.m. Monticello), III. County, Calif. Bond Offering—W. T. Bond Offering — Overton Den¬ Paasch, County Clerk, will receive sealed ton, Secretary of the Board of un¬ 20 Shawnee Township (P. O. Contra Costa Martinez, Oct. obligation Franklin bids at his office in Sale—The mortgage Evanston, III. inclusive. Walnut Creek School District, tion 3.86%. about 2.97%. Bond Building Corpora* (P. O. North Salem), Ind. ! Bond Northern Trust a Eel River School III. ing bonds offered Oct. 20—v. 178, p. 1516—were awarded to the v. from 1961 to 1965 inclusive. 80,000 2 Vis.. Due Bond eral from 1954 to 1960 inclusive. to bonds Sept. approved' indebtedness Nov. 24 and will consist of inclusive. 1970 County, Calif. Bond Sale—The $320,000 build¬ 1966 The Re¬ — Bond Offering — A. H. BaumSchool Superintendent, Thomas D. Bailey, gartner, Secretary of the Board of the first installment of $15,000,000 School Trustees, will receive seal¬ Park 100,000 RFC Corporation: issue of $89,000 drainage par. against such receipts. According to State 3s, at June 15 from to Finance authorizes and incur to which motor tag receipts of 1952 a payment period a share of a Union 1967 inclusive. building Nov/1/1953. Due Beverly Hills, as Principal and intei^t (M-N) pay¬ price of 100.03, a basis able at the County Treasurer's 1954 to $140,000 District, Los Hanauer & Co., of about 2.74%. June 15 from 1958 inclusive. $25,000 4 Vis. Due of about Los amendment Bond 1515—were awarded to Gross, curity-First National Bank of Los Rogers, Barbour, Smith & Co., of Angeles, and William R. Staats & Los Angeles, jointly, at a Los Angeles, as 3 Vis, at a price of Co., price of 100.003, a net interest cost 100.10, a basis of about 3.23%. County Clerk, will receive sealed Bloomington School District, San Bernardino County, Calif. follows: p. Nov. 1 from Nov. 1 from District, ing bonds offered Oct. 20—v. 178, inclusive. 120,000 3V2s. Due 1968 to of pursuant to Turlock School District, Stanislaus School Lawndale ing bonds offered Oct. 13—v. 178, Sale—The 25,000 2%s. County, Calif. 1416—were awarded to Blyth & build¬ Bond Calif. $85,000 build¬ ing bonds offered Oct. 14—v. 178, p. 1316—were awarded to the American Trust Co., and Weeden 1959 Co., San Francisco. County, Calif. Bond p. issued be for District, Stanislaus County, 20,000 2 Vis. Due ing bonds offered Oct. 20—v. 178, School A.Iford & the Kentfield Principal and interest (M-N) pay¬ able at the County Treasurer's of¬ p. at office. "Nov. 1 from 1954 to 1969 inclusive. fice. School on Oct. 27 for the & Co., both of San Francisco, $65,000 building jointly, at a price of 100.10, a net Darted Dec. 1, 1953. Due on interest cost of about 2.91%, as Dec. 1 from 1954 to 1966 inclusive. on a an Constitutional of Oct 27 for (PST) a.m. at office. (PST) office in Los Angeles, bids at his payable Stanislaus County Clerk, will receive sealed bids at his office in Ventura, until District, (J-D) Treasurer's and 1971 to 1974 inclusive. " Bond from interest the County Legality ap¬ Principal 100,000 3s. Due on Nov. 15 from proved by Orrick, Dahlquist, Her1965 to 1970 inclusive. rington & Sutcliffe, of San Fran¬ 86,000 3y4s. Due on Nov. 15 from cisco. Dahlberg Henry inclusive. 70,000 2%s. Due on Nov. 15 1958 to 1964 inclusive. of selected counties. The bonds seven the School District, Savings 1955 to 1957 inclusive. County Sch. Dist. No. Ywma 1 clusive., County. The high court held that America of Bank Nov. Dated Dec. on initial "package" of $15,000,000 bonds for for National Trust County Clerk, will receive sealed Association, of San bids at his office in Sacramento, Bond Sale—The $400,000 build¬ Francisco, at a price of 100.12, a until 10 a.m. (PST) on Oct. 26 net interest cost of about 3.08%, for the purchase of $509,000 build¬ ing bonds offered Oct. 15—v. 178, as follows: p. 900—were awarded to Henry ing bonds. Dated Dec. 1, 1953. $30,000 4s. Due on Nov. 15 from Due on Dec. 1 from 1955 to 1978 Hahlberg Co., of Tucson. Maricopa r Su¬ State involving case offering rington & Sutcliffe, of San Fran¬ Sacramento 178, awarded to the ing bonds offered Oct. 19—v. to bonds. Bonds—Bailey test a $1,870,000 cisco. Calif. Sale—The $286,000 build¬ Bond of proposed proved by Orrick, Dahlquist, Her- High School District , a County 230,000 Sacramento County, offered "bonds inclusive. 1964 21,000 3V2s. Due on Oct. 15 1965 to 1971 inclusive. Ariz, disposal plant construction Oct. 8—v. 178, p. were awarded to Kenneth xewage to 1955 Florence, Bond Court has given the green nature tion July Bhoenix. (P. O, Lewistown), III. Offering — Carl L. school building program (J-D) payable at a banking insti¬ tution mutually acceptable to the entail the is¬ suance of approximately $100,- purchaser and the District. Legal¬ ity approved by Chapman & Cut¬ 000,000 bonds on behalf of various counties. The ruling was in the ler, of Chicago. of legality sfeld, Court Offering—The provides 15 from 1966 inclusive. to Linda Nov. on & Savings Association, of San 1, 1963. Interest J-J. ing bonds. Dated Nov. 15, 1953. Francisco, as follows: Due on Nov. 15 from 1973 to 1976 approved by Gust, Rosen$31,000 3 Vis. Due on Oct. 15 from inclusive. Principal and interest Divelbess & Robinette, of of County Community High School District No. 341 tion, will receive sealed bids until 8 p.m. (CST) on Nov. 4 for the of Validates purchase $95,000 building Discuss will 1979 inclusive. Bonds nas Fulton (State of) School preme Interest J-D.> sive. which is expected to Niles July 1 from 1955 to ing bonds offered Oct. 19—v. 178, maturing in p 1416 — were awarded to the until 10 a.m. (PST) on Oct. 28 Bank of America National Trust thereafter are callable for the purchase of $56,000 build¬ 1953. Due Supreme 1955 to 1973 inclu¬ Jan. 1 from on Secretary of the Board of Educa¬ County light to Francisco. 1969 inclusive. 180,000 3V4S. Due on Nov. 15 1970 to 1978 inclusive. system July & Florida build¬ $20,000 America of Bank from Francisco, Nov. on sewer Dated bonds. arevenue of purchase works ■?water (MST) p.m. the for 17 4 County, Calif. Sale—The p. 1102 — were awarded to the Due on Nov. 15 from Bank of America National Trust 1958 inclusive. & Savings Association, of San Due on Nov. 1966 to Jahn, receive sealed will Clerk, National Trust Association, of San America 75,000 3s. Chandler, Ariz. — G. L. Offering bids until awarded to the were — of Savings & 80,000 2%s. Due on Nov. 15 1959 to 1965 inclusive. ARIZONA Town Oct. 19—v. 178, ing bonds offered 1955 to Birmingham. Bond 1954 to FLORIDA 15 from ing bonds offered Oct. 20—v. 178, p. 1416 — were awarded to the Elh Grove Union Thompson, Dumas, O'Neil & Hayes, $40,000 4s. •of (J-D) from 15 School District, Marin Nicasio Bend Due on Nov. 37,000 3s. York City. C00 3%% inclu¬ Dec. Sutcliffe, of San Francisco. inclusive. 1959 an(j Birmingham. toy 1973 sive. Principal and interest to 1954 from 1 1, Dec. Dated Dec. on awarded to the were — will Bank of America National Trust & until Nov. 5 for the purchase of payable at the County Treasurer's of Savings Association, of San Fran¬ $500,000 sanitary sewer bonds. office. Legality approved by Or¬ Dahlquist, Herrington & improvement cisco, as follows: Due serially from 1957 to 1983 rick, public $420,000 1102 p the Board of Di¬ receive sealed bids of Secretary rectors, purchase the for 10 Nov. «on offered Sept. 29—v. 178, ing bonds receive sealed receive sealed bid' (CST) on Oct. 28 fo purchase of $79,000 bond:; the divided as $39,500 School .Township follows: bond.' Pue semi-annually from Jul 1, 1954 to July 1, 1973 incl. • 39,500 Civil Township bonds. Du; semi-annually from July ; 1954 to July 1, 1973 inclusive The 1953. bonds are dated Nov. f Principal and interest (J-J Number 5267 Volume 178 ... The Commercial and Financial Chronicle (1613) payable at the Fountain Trust Go., until 7:30 p.m. (CST) on Nov. 9 Covington. Legality approved by for the purchase of $225,000 water Ice McCord, ;Ross, Miller, & of Indianapolis. Interest IOWA - Graettinger Consolidated School John the bids until 2 p.m. the (CST) purchase of $310,000 con¬ and equipment bonds. struction Nov. Dated - 1953. Due on Nov. 1, Baptist Parish inclusive. 1973 to 1955 from- Edgard), bids 10 until for Due man * are Legality approved by Chap¬ & Cutler, of Chicago. Jesup Consolidated Sch. Dist., Iowa 2 inclusive. by and 1, 1956 J-D. 1953. to 1988 Legality & Cutler, Chapman Chicago, $150,000 Dec. from 1 Interest approved of Dated Dec. Nov. on purchase: of bonds. on (EST) p.m. the water 1963. La. Commissioners, will receive sealed after , in 1964 and there¬ callable as of Nov. 1, Martin, Himel, Marjorie, Hinckley & Morel, of New Or¬ leans.Teeter, Secretary of the Board of MARYLAND Directors, will receive sealed bids until 8 p.m. (CST) on Oct. 26 for Johns Hopkins University (P. O. 'the purchase.of $200,000 building Baltimore), Md. Offering Bond \ The ment — National in Roll No. 90 of Shawmut Boston. South Essex bonds awarded 1953. Due on 'Nov. 1 from.1954 to 1973 inclusive. Bond Sale—The tax-exempt Legality approved by Chapman & revenue offered to pal improve¬ Oct. 19 Cutler, of Chicago. v. $1,632,000 offered 178, First Lafayette, La. Sale Certificate The — of New Orleans. S. as basis of about 2.13%. Salomon of Bond awarded At the previous offer¬ ing bonds. were — Bank to suitable $69,959 special water Oct. district 19—v. 178, Middle sephson, 1517— p. ceive State or 1 lVz% at in¬ Monguagon Township Sch. Dist. No. 1 (P. O. Secretary of 7:30 Board receive of interest re¬ 8 p.m. 1953. to Due 1969 Feb. on inclusive. interest pay¬ and banking institution des¬ a New bids Bond p.m. 1953. Due March 1, 1955. 1, 1955 Principal at Edu¬ sealed (EST) on Oct. 26 for the purchase of $245,000 tax anticipation notes. Dated Nov. 2. and will until Blanks, Paul. H. E. — the will cation, until Trenton), Mich. Offering Clerk, bids ignated by the purchaser. Legal¬ ity approved by Moody & Spring¬ sted, and Briggs, Gilbert, Morton, K£le & Macartney, both of St. terest. Note Minn. Charles B. Jo- Bonds maturing in 1962 and there¬ after are callable as of Feb. 1, 1961. Kalamazoo, Dec. from able of Village sealed Dated Co., Mass — (CST) on Nov. 3 for the purchase of $25,000 water works bonds. to the First National Bank & Trust Waltham, River, Bond Offering bonds — & national bank designated by the purchaser. & York National 15—v. awarded to McDonald-Moore were to group Bros. a improvement $96,000 bonds street offered Oct. Moody, of St. Paul, Kalman & Co., and E. J. Prescott & Co., both of Minneapolis. the at Mills, Minn. 19—v. 178, p. 1418—were awarded to a group composed of Juran & Principal payable York Sale—The Peoples Bank of Trenton. Bond Offering—Harold J. Tuni- of Boston, Room 308, 30 State Street, Boston, until 11 a.m. (EST) on Oct. 29 Red Lake County (P. Ot Red Muskegon (City and Township) receive Lake Falls), Minn. Public Schoool District, Mich. (EST) on Bond Offering — Arthur PreneNote Sale The $275,000 tax for the purchase of $376,000 bonds, Oct. 28 for the purchase of $2,410,jected. 000 bonds, divided as follows: anticipation notes offered Oct. 20 vost, County Auditor, will receive divided as follows: Plaquemine, La. —v. 178, p. 1517—were awarded sealed bids until 2 p.m. (CST) on $320,000 school project bonds. Due $100,000 sewer bonds. Due on Oct. Bond Offering—Harry K. GalNov. 3 for the purchase of to the $16,000 Hackley Union National 1 from 1954 to 1963 inclusive. on Nov. 1 from 1954 to 1973 lagher, Town Clerk, will receive Bank of Muskegon, at 2% in¬ general obligation drainage bonds. 500,000 water bonds. Due on Oct. inclusive. Dated Dec. 1, 1953. Due on Dec. I sealed bids until 7?30 p.m. (CST) terest. 1 from 1954 to 1963 inclusive. 56,000 school bonds. Due on Nov. from 1954 to 1963 inclusive. Bonds on Nov. 10 for the purchase of 610,000 school addition bonds. Sault Ste. Marie Sch. 1 from 1954 to 1973 inclusive Dist., Mich. maturing in 1959 and thereafter $420,000 bonds, divided as follows: Due on ing Oct. on the : chants Sale—The offered Bond Sale—The $100,000 sewer City, North¬ Slocum, Secretary of the Parish ern Trust Co., Chicago, R. W. bonds offered Oct. 22—v. 178, p. ■Police Jury, will receive sealed & Co., L. F. Roths¬ 1517—were awarded to George P. bids until 11 a.m. (CST) on Dec. Pressprich child & Co., Ira Haupt & Co., G. Fogg & Co., of Boston, as 2.20s, -10 for the purchase of $400,000 H. Walker & Co., J. G. White & at a price of 100.41, a basis of -drainage improvement bonds. Due about 2.15%. 'serially from 1954 to 1973 inclu¬ Co., Inc., Ernest & Co. and GlickThe enhaus bonds are & dated Oct. Lembo, all of New 1, sive!. York City, as 2V4S, at a price of 1953. Due on Oct. 1 from 1954 to Louisiana State Building Authority 1973 inclusive. 100.41, a basis of about 2.19%. Principal and in¬ i (P. O. Baton Rouge), La. 5 terest payable in Boston. Legality Bourne, Mass. Bond Offering—A. P. Tugwell, approved by Storey, Thorndike, Bond Offering — Margaret M. Palmer & State Treasurer, will receive sealDodge, of Boston. led bids until Dec. 1 for the pur¬ Swift, Town Treasurer, will re¬ bids c/o the Mer¬ Worcester, Mass. chase of $4,000,000 series B, build¬ ceive sealed New Oct. awarded were — Co., of Detroit, as 4s, at par. Kidder, & Co., New York City, Kalamazoo School District, Mich. Dwinnell, Harkness & Hill, Note Sale The $371,000 tax of Boston, jointly, as 2V2S, at a price of 100.78, a basis of about anticipation notes offered Oct. 19 v. 178, p. 1517—were awarded 2.40%. Sale—The $3,000,000 pub¬ Hutzler, offered and and ways composed water any 1317 p. assessment Sale—The $430,000 school offered Oct. 20—v. 178, p. bonds 1517 a at Dated Nov. 1, 1953. Due on May 1 from 1955 to 1964 inclusive. Principal and interest payable at $96,000 special street, Peabody 1417—were awarded to p. payable Harrison Bond construction and sewer¬ age bonds offered Oct. 20—v. 178, (P. O. Livingston), La. Offering — Josephine Bond ■»: Bond lic Livingston Parish Corp., New York 2.20s, at a price of 100.52, Southwick, Mass. Boston, Mass. awarded to Scharff & Jones, were a MASSACHUSETTS paving certificates of indebtedness Oct. 20—v. 178, p. 1417— interest Legality approved by Dorsey, ColTownship (P. O. Route 4, man, Barker, Scott & Barber, of Minneapolis. Mount Clemens), Mich. Boston City, to $737,658 offered : awarded be & awarded to the Barcus, Kindred & Co., Chicago. were — 178, Federal Housing and -Home Finance Agency, the only bidder, as 3.01s, at a price of par. LOUISIANA * 1317—were p. 1517 p. 15— ' the will 1, 1963. Princi¬ bonds. Sale—The bonds sewer $575,000 sewer¬ bonds offered Oct. 22—v. 178, age non Oct. and thereafter of Dec. were McDonald-Moore assessment, Bond Sale—The University dormitory bonds Bond Sewerage District, Massachusetts * bonds. Dated Nov. 1, and as banking institution designated by the purchaser. Legality Legality ap¬ approved proved by by Moody & Co., of Detroit. Storey, Thorndike, Springsted, and Palmer & Dodge, of Boston. The bonds are dated Briggs, Gilbert, Morton, Kyle & Sept. 1, 1953. Due on Sept. 1 from 1954 Macartney, both of St. Paul. Shrewsbury, Mass. to 1957 inclusive. Principal and Golden Valley, Minn. Bond Sale—The $160,000 water interest (M-S) payable at the De¬ Bond Offering — Kenneth bonds offered Oct. 8—v. 178, p. Rahn, troit Trust Co., Detroit. Legality 1317—were awarded to Salomon Village Clerk, will receive sealed approved by Miller, Canfield, bids until 8 p.m. Bros. & (CST) on Nov. Hutzler, of New York Paddock & Stone, of Detroit. 3 for the purchase of $66,000 gen¬ City, as 2.20s, at a price of 100.10, eral obligation street improvement a basis of about 2.18%. Harpers Woods, Mich. Bank ' *' 1964 callable Sale—The $24,000 Special Assessment the mer, sealed bids until 8 p.m. (CST) on Oct. 29 for the purchase of im¬ Grosse Pointe Woods, Mich. Bond Sept. 1, Principal and interest pay¬ at able system sewer Effie, Minn. Offering — Myron PlumVillage Clerk, will receive Bond gen¬ 178, p. 1208—were awarded to $50,000 a group headed by the First of municipal building revenue bonds. Dated Dec. 1, 1953. Bidder to Michigan Corp., Detroit. spe¬ cify maturity and bonds maturing dated are obligation $495,000 v. inclusive. bonds Sale—The provement bonds offered Oct. 12— municipal garage bonds. Due on Sept. 1 from 1954 to 1953. Offering—Sidney J. Caire, Secretary of the Board of Bonds maturing on clusive. Water Bond Jr., Due 130,000 Works District No. 2 (P. O. Oct. 26 on bonds. sewer Sept. 1 from 1954 to 1978 in¬ approved 1973 St. Secretary of the Board of Education, will receive sealed ifor Legality by Chapman & Cutler, of Chicago, and Martin, Himel,. Hinckley & ray, * 250,000 eral k J-D. * Grosse Pointe Shores, Mich. Bond inclusive. . Morel, of New Orleans. District, Iowa Bond Offering—Robert C. Mur- » 275,000 parking area bonds. Due on Sept. 1 from 1954 to 1963 bonds. Dated Dec. 1, 1953. Due on Dec. 1 from 1956 to 1968 inclusive. 49 178, p. 1317— 22—v. submitted bid two were re- City Treasurer, son, sealed bids until 11 will a.m. — ; The $275,000 recreational facilities bonds. 1956 - Due fire Due bonds. from 1 1956 to 1984 inclusive. The bonds and dated Jan. 1, 1954, are callable are of Jan. as bonds 1953. able able fice, the at the Town or at any bank (J-JJ Treasurer's Boston, or Bay National zards specified by — Sale—The $350,000 Public 13—v. 178, p. awarded were to a Bond Laurie, group Offering City ceive sealed Shawmut for to 1958 interest and tional ities Legality Corp., Nashville, Ducournau Howard, Weil, Labouisse. Friedrichs & Co., both of New Orleans, at a price of par, a Kees, net and interest of about on cost Oct. 15 from 2.72%, 1954 to inclusive. 258,000 2%s. Due.on Oct. 15 from Additional & Boston. County (P. O. East Cambridge), Mass. inclusive. Sale — The sealed (EST) chase $60,000 Nov. on of 3, Treasurer, bids Oct. 30 $175,000 1953. Due will until for day same Rapides were Bank Alexandria, as & $40,000 2%s. Due 1954 20,000 1961 St. to 3s. James Dist. No. 1960 Due to 1963 on Co., of Sept. 1 from Sept. 1 from inclusive. Water Works (P. O. Convent), La. Bond on in¬ dated Oct. 1, 1953. interest payable at are First Bank of re¬ 11 a.m. pur¬ notes. Dated 6, Creek Consol. Sch. Battle Bond Dist. Bond Offering — Mildred (P. National Shawmut a build¬ 1.97%, follows: 1957. and on meyer, ceive April 1, 1958 1959. (EST) Offering — O. A. Kase- City Comptroller, will sealed on bids Nov. 9 until for Wade, Inc., Anoka follows: County Indep. Sch. Dist. O. Columbia re¬ 5 p.m. the Heights), Minn. Bond son, District Nov. 4 will receive (CST) purchase of Clerk, bids until sealed on Offering—Floyd C. Law- are callable for the $300,000 general obligation build¬ ing Due Dated bonds. on Jan. inclusive. 1 Nov. from 1, 1956 to 1953. 1977 of (CST) on of interest banking institution Le¬ gality approved by Dorsey, Colpayable Principal and at July Chippewa County (P. O. Montevideo), Minn. son-Williams neapolis, 100.42, a Clarence H. — will until 3 re¬ p.m. Oct. 28 for the purchase 1, Jan. 1953."Due semi-annually 1, 1955 to Jan. 1, 1979 maturing after callable as of that Bonds Jan. 1, 1967 are Legality approved by Briggs, Gilbert, Morton, Kyle & Macartney, and Moody & Spring¬ sted, both of St. Paul. date Woodstock, Minn. Bond Sale—The $5,000 local im¬ provement bonds offered Oct. 20— 178, v. the p. First stone, 1517—were National 3s, at as awarded Bank to of Pipe¬ par. a man, Barker, Scott & Barber, of Minneapolis. Jaffray & 114 Minn. Clerk, bids Joint $251,000 building bonds: Dated MISSISSIPPI designated by the purchaser. pur¬ as sealed 7:30 p.m. Trust thereafter ceive inclusive. Bank of Bond Sale—The $82,000 general chase of $1,500,000 water supply Department, 40 system revenue bonds, 2nd series. obligation public drainage bonds Water Street, Boston, until 11 a.m. Dated Nov. 1, 1953. Due on July 1 offered Oct. 17—v. 178, p. 1418— (EST) on Oct. 26 for the purchase from 1954 to 1983 inclusive. were awarded to a group com¬ of $1,555,000 bonds, divided as Bonds maturing in 1974 and posed of J. M. Dain & Co., Alli¬ Boston, District Nov. No. 65 (P. Henderson), Offering Doheny, from $60,000 2%s. Due April 1, 1955. 130,000 21/2S. Due on April 1, 1956 and J. MINNESOTA price of 100.85, net interest cost of about 135,000 2s. Due Walter O. Offering—Roger R. Rome, $900,000 building bonds. Due on 1, 1963. Interest J-J. Legality ap¬ Secretary of the Board of Com¬ Sept. 1 from 1954 to 1973 in¬ proved by Miller, Canfield, Pad¬ missioners, will receive sealed bids clusive. dock & Stone, of Detroit. to of Grand Rapids. ing bonds offered Oct. 20—v. 178, 1517—were awarded to a group Rapids, at $30,000 build¬ offered Sept. 8 were bonds O. Bond Sale—The Creek), Mich. Sale—The $325,000 (P. (P. O. Coleman), Michigan Bond p. Bond L. 1 awarded Township, Lakeview 1954. Tyler, City Treasurer and Col¬ lector, will receive sealed bids at No. ing MICHIGAN Battle Sibley and Le Sueur Counties Indep. Consol. Sch. Dist. No. Coleman Com¬ Sch. Dist. Township, munity Fractional Boston. as the April Warren Bos¬ Bay City, Mich. the inclusive. on Parish 1 Trust Due 1963 to clusive. a Quincy, Mass. awarded to the follows: 1954 from The bonds public improvement bonds offered the bonds. 1 Storey, composed of Harriman Ripley & of Co., Inc., Watling, Lerchen & Co., Detroit, and Walter J. Wade, Inc., Middlesex County airport Oct. Grand ard, 1973 Dodge, Boston. ceive * 1963 of are callable as of Dec. 1, 1958. Principal and interest payable at were awarded to the First Na¬ any banking institution designated the purchaser. tional Bank of Sault Ste. Marie, at by Legality ap¬ proved by Moody & Springsted, 2% interest. * and Briggs, Gilbert, The notes are dated Oct. Morton, Kyle 15, 1953 and mature on Jan. 15, 1954. & Macartney, both of St. Paul. Note Sale The $93,850 tax anticipation notes offered Oct. 20 ton. Legality approved by Storey, Thorndike, Palmer & Dodge, of re¬ Note Offering—Charles P. How¬ 1956 1957 to Palmer Due to National Principal the Na¬ at by approved Thorndike, 1954 will inclusive. Bank from the of payable 1 Emerson A. Treasurer, Shawmut follows: as $92,000 21/2S. Due 275,000 purchase of $90,000 high school grounds bonds. Dated Nov. 1, 1953. Due on Nov. 1 from 1954 incinerator bonds. Oct. on and bids c/o the National Bank to inclusive. the composed of the Equitable Secur¬ & — 1954 Principal Boston, Trust Department, 40 Water Street, Bos¬ ton, until 11 a.m. (EST) on Oct. 28 Improvement Airport District No. 901 925,000 Buz¬ Gloucester, Mass. , from — National the at 1 inclusive. 1973 Bank, Buz¬ Bay. Legality approved by Storey, Thorndike, Palmer & Dodge, of Boston. of¬ Rapides Parish (P. O. Alexandria), La. bonds offered Oct. Merchants of Oct. 1, pay¬ zards pay¬ 'by Chapman & Cutler, of Chicago. 1 Nov. 1, 1964. purchaser. Legality approved Bond the at . Principal and interest dated are Principal and interest Bank department Jan. on from 1 inclusive. 1984 to .145,000 Jan. on Co., and Piper, Min¬ price of Hopwood, all of as 2.40s, at a basis of about 2.44%. Columbia, Miss. Bond Offering—Mrs. H. W. Har¬ grove, City Clerk, will sealed bids until 2 p.m. receive (CST) on Oct. 30 for the purchase of $550,000 municipal Due serially industrial from 1954 bonds. to 1978 inclusive. Jackson Municipal Separate School District, Miss. Bond building v. a Sale 178, p. 1517 group — bonds The $1,500,000 offered — were Oct. 21— awarded to headed by the Equitable 50 (1614) The Commercial and Financial Chronicle... ; ; Monday, October 26, 1953 _j . n Securities price of Corp., par, a Nashville, .at. a net interest cost of about 3.06%, as follows: $480,000 5s. Due 1954 to 300,000 1961 3s. 1966 1967 Nov. on Middlesex County to 1976 Bond on Nov. 1977 1978. (EST) of Other members Goldman, Michigan Sachs the of group: & Co., First of Corporation, both of New' York," Union Planters Na¬ tional Bank, M. A. Saunders & Co., both of Memphis, Third Na¬ tional Bank, in Nashville, Alvis & Co., and the Southern Bond Co., both of Jackson. Bond at a in 20 Webb Mo. City, Mo. approved bonds revenue water amounting to $370,000 for Webb City, and $35,for 000 Carterville; the greater of the proceeds will be portion used to pay Missouri Utilities Co. of Cape Girardeau, Mo. for these and the balance for working capital. Due to the fact the properties east properties located in south¬ Missouri, the offers made by the two cities assisted has in accepted. Ed¬ were ward D. Jones & the arranged 1954 to in¬ 1963 Co. of St. Louis negotiations and the financing for both cities. Cascade County High Sch. Dist. tion, will receive sealed bids until 8 p.m. (EST) on Oct. 27 for the purchase of $96,000 building bonds. Dated Sept. 1, 1953. Due Sept. 1 from 1954 to 1963 in¬ clusive. Principal and interest on payable at the First Na¬ tional Bank, Freehold. Legality (M-S) Hawkins, Delafield Wood, of New York City. approved & New by Highway Authority Jersey (P. O. Trenton), N. J. Bond Offering — Bayard England, Vice Treasurer of receive - the L. purchase of $135,- 000,000 State-guaranteed Garden State Parkway bonds, second in¬ The stalment. bonds the are un¬ authorized issue an $285,000,000, the other $150,having been sold in July to syndicate headed by the Na¬ City Bank, Lehman Bros., a tional Chase National Bank, Bankers Co., First National Bank, all the Board of Trustees, of New York City, and the First will receive sealed bids until 8 National Bank of Chicago. The p.m. (MST) on Nov. 10 for the huge investment demand that at¬ purchase of $155,000 building tended the public re-offering of — Ella Murray, bonds. Bond of the 9 Offering—Theo. Clerk, bonds. revenue 1, 1953. Due on Oct. Dated Oct. from 1954 1 to 1983 inclusive. Bonds maturing in 1958 and thereafter are callable of as resulted in Oct. 1, 1958. Principal and interest (A-O) payable at the ■County Treasurer's office. Legal¬ ity approved by Chapman & Cut¬ ler, of Chicago. the issue day same November offering will big sale of bonds to finance the construc¬ ceive (EST) chase of Dated Nov. from 1 Oct. on Sale—The 29 1954 water offered were — Oct. $491,000 improvement Oct. 22 Trust 178, v. — awarded to Co. of New price a offered 1518 Marine Western R. D. — were Midland New White & pur¬ bonds. on Nov. inclusive. pay¬ Placid, N. Y. Offering — Brasher, Lawrence, Stockholm, Hopkinton, Norfolk, Massena, and Paterson to The progress date of construction to indicates Parkway 1954 be will affd that be open that entire M. Potsdam), N. Sale to the state's most serious traffic ceive sealed on of bids Y. shore also trav¬ resort area to 2 p.m. on Nov. 1 from inclusive. Principal (M-N) payable at the York City. $490,000 build¬ ing bonds offered Oct. 21—v. 178, 1519 — Harris awarded were Trust & to Savings Chicago, as 2s, at a price of basis of about 1.97%. (P. sealed 100.17, O. Liverpool), N. Y. Fred P. Kies, Supervisor, will receive Offering bids Oct. on the Bank, 29 $571,000 — until for 10 the public Dated Nov. bonds. (EST) a.m. purchase of improvement 1, 1953. Due on May 1 from 1954 to 1978 inclu¬ Principal and interest (M-N) payable at the First Trust & De¬ sive. posit Co., Liverpool. Legality ap¬ Legality ap¬ proved by Vandewater, Sykes, Vandewater, Sykes, Heckler & Galloway, of New York Galloway, of New City. Bank of Lake Placid. proved by Heckler York & City. Lisbon Waddington and Madrid Central School District Aver ill Sale—The $790,000 build¬ 1518—were awarded to a group composed of the Marine Trust Co. of Western Park), N. Y. Bond ing bonds offered Oct. 21—v. 178, p. (P. O. No. 2 (P. O. Lisbon), N. Y. Bond Sand Lake and Poestenkill Central School District No. 1 Sale—The $29,400 build¬ ing bonds offered Oct. 22—v. 178, 1519 p. 2y4s, at awarded were — National City Bank of to the Troy, as par. New Rollins City, York, Buffalo, & Co., Inc., New Manufacturers & Unionville, N. Y. Bond Offering—Mildred Bauer, Village Clerk, will receive sealed Co., Buffalo, Roose¬ bids until 3 until 2 $330,000 building bonds. Nov. 1. 1953. Due p.m. the (M-N) Merchants 1 National at Bank & Heckler & Galloway, of New City. Franklin, and Otego tral School District No. 1 Bond ing Offering N. Y. Robert — will receive on District No. 9 Bond District (CST) ing bonds. on Oct. 15 from on (EST) Nov. Dated 1 Nov. from (A-O) 1, 1954 interest York City. Interest Legality approved by City, N. Y. on Jan. 2 from the above-mentioned attorney. s NORTH CAROLINA Carolina Beach, N. C. * Bond Offering — W. E. Easter- ling, Secretary of the Local Gov¬ ernment Commission, will receive sealed bids at his office in Raleigh, until 11 a.m. (EST) on Oct. 27 for the purchase and sewer- 1953. Due of bonds. on $289,000 Dated water Nov. 1, May 1 from 1955 to 1990 inclusive. Principal and in¬ terest (M-S) payable in New York Co., City. Legality approved by Reed, agent, will receive sealed bids Hoyt, Taylor & Washburn, of New its office at 30 Broad St., New York City. ' Chemical Bank Offering Bonds —The Chemical Bank & Trust 1953. to inclusive. 1982 the Oct. 29 on 1964 Oct. 30 1954 to and New York of Dated to $636,000 build¬ Dated Oct. 15, 1953. Principal payable at purchase bonds. 1, 1953. Due for the purchase of Due the Nov. 1955 Offering—Olga S. Olson, Clerk, will receive sealed bids until 2 p.m. for building J-J. (P. O. Pleasant- ville), N. Y. sealed purchase of $185,000 build¬ bonds. Due Union Free School County Trust Co., Pleasantville. Legality approved by Vandewater, Sykes, Heckler & Galloway, of New L. Cen¬ (P.O. Peake, President of the Board of for the Mount Pleasant inclusive. Sidney 28 $10,000 Principal payable Oct. on 2.56%. from Co., Syracuse. Legality ap¬ proved by Vandewater, Sykes, York about Dated Nov. on inclusive. 1982 bids until 1 p.m. It will state's and interest Due Traders Trust Oct. 27 for the purchase Education, the until The — Franklin), on bids Richfield p.m. (EST) on Oct. 29 velt & Cross, and R. D. White & $1,500,000 for the purchase of $60,000 water building bonds offered Oct. 20— Co., both of New York City, as system bonds. Dated Sept. 1, v. 178, p. 1518—were awarded to 3.10s, at a price of 100.68, a basis 1953. Due on Sept.. 1 from 1954 of about 3.04%. a group composed of Halsey, Stu¬ to 1978 inclusive. Principal and art & Co., George B. Gibbons & Mentz, Montezuma, Brutus, Con¬ interest (M-S) payable at the Na¬ Co., Chas. E. Weigold & Co., B. J. tional Bank of Middletown. quest, Cato, Aurelius and Throop Le¬ Van Ingen & Co., Bacon, Steven¬ Central School District No. 1 gality approved by Hawkins, Del¬ son & Co., all of New York City, (P. O. Port Byron), N. Y. afield & Wood, of New York City. as 3.10s, at a price of 100.44, a Bond Sale—The $840,000 build¬ basis of about 3.06%. Volney Common School District ing bonds offered Oct. 20—v. 178, No. 2 (P. O. Oswego), N. Y. Elbridge, Camillus, Skaneateles, p. 1518—were awarded to a group Bond Offering — William H. composed of Halsey, Stuart & Co., Brutus and Sennett Central Inc., George B. Gibbons & Co., White, Trustee, will receive sealed School District No. 3 (P. O. bids at the office of Edward F. Inc., and Bacon, Stevenson & Co., Elbridge), N. Y. Crawford, Jr., Marine Midland Bond Offering — Donald J. all of New York City, as 2.60s, Bldg., Oswego, until 2 p.m. (EST) Gorham, District Clerk, will re¬ at a price of 100.29, a basis of Bond 1954. Parkway is counted re¬ on York School District No. 1 (P. O. traffic to major sections Memorial Day, by open the (EST) Blair, Bombay and Dickinson Central Trust Paramus Cape May. sealed Bank, Rome City School District, N. Y. Bond Sale—The Town Judson Principal (J-J) payable at the National Bond Bond inclusive!' interest Salina Lake Glens Falls, Bolton Landing. Le¬ gality approved by Vandewater, Sykes, Heckler & Galloway, of New York City. 1972 Legality approved by Vandewater, Sykes, Heckler & about 2.44%. Nov. 1, 1953. 1954 to 1963 re¬ to Springs. gen¬ York, Co., City, jointly, as 2V2s, of 100.35, a basis of York at bonds p. the Buffalo, and able at the First National Bank of from the 19—v. awarded eral Sale—The 1954 Galloway, of New Lackawanna, N. Y. Bond Oct. 28 for the purchase of $22,000 fire truck bonds. Dated p.m. Principal and interest (M-N) to erse of New York M. 2 the for 1989 to Union counties. $20,000 until $36,000 water 1, 1953. Due interest will Hawkins, O. (P. N. Y. Barney — bids sealed 1954 in by City. ceive Snyder, Town Supervisor, will and of and bring new economic benefits 178, p. to the rapidly developing sections Boland, of southern New Jersey. The most Saffin & Co., New York City, as modern engineering features to 3.20s, at a price of 100.21, a basis 1418 YORK Landing), projected 165-milesuperhighway which will extend year ease Allentown, N. J. bonds matur¬ Water Dist. congestion, in Essex, Bergen and Bond Bonds 1, 1954 and Offering (EST) 193. p. mark the second The NEW JERSEY the on offering.—V. 178, The Berg, sealed 11 the water H. receive a.m. (CST) on Nov. ;his purchase of $6,000,000 tion until for will bonds being heavily over-subscribed and the books closed Lincoln, Neb. bids Trust the NEBRASKA Bolton Bond about or on of City 1956 Bolton, Bolton Chairman and Authority, will bids sealed Nov. 18 for the O. Sand Coulee), Offering Nov. thereafter are callable as of Nov. 1, 1955. Prin¬ cipal and interest (M-N) payable Secretary of the Board of Educa¬ Montana Bond in First approved Delafield & Wood, a.m. from 1 and Legality Ware, Village Treasurer, will 000,000 Clerk inclusive. 1968 to ing Nov. on NEW of MONTANA (P. Due the Franklin National Bank, South Shore Branch, Rockville Centre. pur¬ Building Dated bonds. revenue 1953. Fair $800,000 9 the City. sold balance of \ "C" of until for 29 Principal and interest (M-N) payable at the County at the First National Bank of Al¬ Treasurer's office. Legality ap¬ buquerque. Legality approved by proved by Caldwell, Marshall, Pershing, Bosworth, Dick & Daw¬ Trimble & Mitchell, of New York son, of Denver. separated are from Missouri Utilities Company's main 15 from clusive. properties that Nov. Township School District (P. O. Perrineville), N. J. Bond Offering—Bette V. Levine, special election on Webb City, Mo. and Carterville, improvement 15, 1953. Due general Dated Nov. a.m. chase Nov. 5 for the purchase $527,000 on re¬ bids Oct. Millstone Financing Arranged—The voters Oct. and on on bonds. MISSOURI Carterville sealed (MST) Treasurer, will sealed bids, until 11 ceive 1, (P. O. Albuquerque), N. Mex. Bond Offering—Leon H. Harms, Secretary of the Commission, will receive County ley, inclusive. Due New Mexico State Fair Commission Offering—Arthur J. Ham- from 1 NEW MEXICO (P. O. New Brunswick), N. J. Nov. 1 from on Is. and 2.37%. from 1 inclusive. 600,000 3V4S. Due 120,000 Prospect, Park National Bank of Prospect Park, as 2%s, at a price of 100.002, a basis of about inclusive. Due to 1962 Nov. on the as 1976 at inclusive. Principal and interest York 15, until noon (EST) on Oct. (M-N) payable at the Unadilla 29 for the purchase of 25 lots of Elm City, N. C. promote safe and comfortable National Bank, Unadilla. Legality State of about 3.22%. and Bond Sale—The municipal bonds ag¬ $15,000 water travel will be embodied in the approved by Sullivan, Donovan, bonds offered Oct. 20—v. gregating $1,008,900. Br id get on, N. J. 178, p. Parkway construction. Heenehan & Hanrahan, of New 1519 —were awarded to the Bond Sale—The Oneida, N. Y. $133,000 gen¬ North Hanover Township Sch. Dist York City. Branch Banking & Trust Co., Wil¬ Bond Offering—Albert G. Behr, eral improvement and water (P. O. Jacobstown), N. J. son^.-at a price of 100.13, a net Franklinville, Ischua, Lyndon, bonds offered Oct. 20—v. City Comptroller, will receive 178, p interest cost of about Bond Offering — Clarence B Farmersville, Machias and 2.87%, as sealed bids until 2 p.m. (EST) on 1418 were awarded to W. H follows: Lamb, Secretary of the Board of Humphrey Central Sch. Oct. 30 for the purchase of $25,000 Newbold's Son & Co., and Education, Dist. No. 1 (P. O. will receive sealec field house bonds. Dated Oct. 1, $5,000 4V2S. Due on May 1 from Schmidt, Poole, Roberts & Parke, bids until 8:15 p.m. (EST) on Oct 1956 to 1958 inclusive. Franklinville), N. Y. both of 1953. Due on Oct. 1 frrom 1954 to Philadelphia, jointly, as 28 for the purchase of $46,000 Bond Offering—Stanley N. Car¬ 1963 inclusive. 10,000 2V2S. Due on May 1 from 2.30s, at a price of Principal and in¬ 100.14, a basis building bonds. Dated March " 1959 to 1963 inclusive. ter, District Clerk, will receive terest of about 2.28%. (A-O) payable at the — * 1953. Hainesport Township Sch. Dist. (P. O. Hainesport), N. J. Bond Offering to Due 1968 interest First (M-S) til 8 p.m. (EST) on Nov. 4 for purchase of $119,000 building bonds. Dated Nov. 1, 1952. Due on Nov. 1 from 1954 to 1970 inclusive. and interest (M-N) pay¬ able at the Union National Bank & Trust Co., Mount Holly. Legal¬ ity approved by Hawkins, field & Wood, of New York Dela- City. Hawthorne, N. J. Bond Sale — The $225,000 im¬ provement bonds offered Oct. 21— v. 178, p. payable at 1954 anc the Bank, N'ew Egypt by Hawkins, & Wood, of New York City. 28 until for 8 (EST) purchase of p.m. the water system Dated 1 150,000 school bonds. 1, 1953. Due to inclusive. 1979 interest on Dated Nov. May 1 from 1954 (M-N) Principal payable and the at Union Bond Offering—E. J. Thorne, City Treasurer, will receive sealec bids sealed bids until 2 p.m. (EST) on Oct. 29 for the purchase of $1,- Dec. from 1, 1954 on Oct. $95,000 improvement bonds 1953. to Due 1973 on Dec inclusive. Principal and interest (J-D) pay able at the Rahway National Bank, Rahway. Legality aoproved by Walter H. Jones, of Hacken' National Bank, Franklin¬ Legality approved by Van¬ dewater, Sykes, Heckler & Gallo¬ way, of New York City. ville. Rahway, N. J. 1518—were awarded to ,&ack. from approved the Principal 1 Principal National Anne Peters, Secretary of the Board of Educa¬ Legality Delafield tion, will receive sealed bids un¬ — March on inclusive. Hempstead, Lakeview Fire District (P. O. West Hempstead), N. Y. Bond District Offering — William Secretary, will receive on $35,- 000 fire department bonds. 1, 1953. Due 1955 to inclusive. and interest 1962 on (M-N) Valley National Bank, Oneida. Legality approved Vandewater, Sykes, Heckler Galloway, of New York City. Dated May 1 from Principal payable at Mebane, by & Bond N. C. Sale—The $225,000 water and sewer bonds offered Oct. 20— 178, p. 1519—were awarded to Poughkeepsie, South Parks Water Merrill Lynch, Pierce, Fenner & District (P. O. Poughkeepsie), Beane, of Charlotte, at a price of New York 100.02, a net interest cost of about Bond Sale—The $16,000 exten¬ 3.71%, as follows: sion bonds offered Oct. 21—v. 178 p. 1519—were awarded to the First National as Bank of 3s, at price of Poughkeepsie par. Zick, sealed bids until 3 p.m. (EST) Oct. 27 for the purchase of Nov. Oneida Richfield Bond Springs, N. Y. v. $12,000 6s. Due on May 1, 1955 to 12,000 4s. Due on May 1, 1957 to 1956. 1958. 70,000 3V2S. Due on May 1 from 1959 to 1969 inclusive. Offering—Daisey C. Reed 131,000 3%s. Due on May 1 from Village Treasurer, will receive 1970 to 1978 inclusive. sealed bids until 2 p.m. (EST) on Nov. 4 for the purchase of $28,500 Weaverville, N. C. Bond Sale—The municipal building bonds. Dated $50,000 water and sewer bonds offered July 1, 1953. Due on July 1 from Oct. 20^. Number 5267... The Commercial and Financial Chronicle Volume 178 (1615) V. 178, Dec. 1519—were awarded to p. Merrill Lynch, Pierce, Tenner- & Beane, of Charlotte, at a price of par, a net interest- cost of about 4.18%, follows: as $3,000 4^s. Due 1956 7,000 4s. Due 1971 inclusive. 1966 to Due 4s. 1972 from 1 1976 inclusive. to 18,000 4 y4s. Due May 1 from on 1985 inclusive. to 1977 May on Whiteville, N. C. Sale—The Bond sani¬ $20,000 tary sewer bonds offered Oct. 20 —v. 178, p. 1519—were awarded to J. Lee Peeler & Co., Durham, and the Securities Vance Greensboro, jointly, at a 3.29%, as follows: to 1957 inclusive. 1958 10,000 1962 1 from 1961 on Dated Dec. 1, 1953. Dec. .1 .from .1955 to Principal 1979 interest and (J-D) payable at the City Treas¬ urer's office. improvement to 178, $115,400 bonds street offered Oct. Stranahan, Harris & Co., Inc., as 2s, at a price of 100.46, basis of about a No. 1.88%. Hubbard, Ohio Bond Bond Offering—A. of the Board receive sealed (CST) chase J. O'Brien, Village Clerk, will receive sealed price of 100.09, a 2.05%, of 200,000 2s. Due 1960 May on 1 until 8 Nov. 2 for the pur¬ on of $315,000 building bonds. Due serially from 1955 to 1957 in¬ Barherton, Ohio hospi¬ tal addition bonds offered Oct. 178, to 1419—were p. & 19 awarded of Stranahan, group composed a Harris Field, Richards & Co., McDonald & Co., Co., , $75,000 offered im¬ Oct. Toledo, bids until sanitary Oct. 31 $24,675.53 on 1, 1953. Due Nov. 1 on 1964 inclusive. Prin¬ 1955 to 31 O. (P. Valley), Okla. Offering —R. L. Thomp¬ Clerk of the Board son, equipment bonds. of price a Due from Offering—H. bids until Nov. 9 1953. A. 7:30 p.m. obligation sewage dis¬ Due 1983 Dec. 1, receive sealed sytem bonds. Rogers County Dependent School District No. 15 (P. O. Claremore), Okla. Bond Sale—The provement bonds 178, —v. to Toledo, 101.11, 17 awarded 1209—were p. Braun, offered Oct. Bosworth Co., & Inc., 3y4s, at a price of basis of about 3.10%. as a land, Ellis & at Sale—The $965,000 build¬ Co., of Cincinnati, composed Cleveland, Harris Stranahan, & of 101.61, as 178, $13,000 build¬ p. and Salomon 8 of Sale—The offered 1319 of Oct. & and 21—v. awarded were — Reusch $101,865 water assessment bonds Co., of spe¬ sewer 178, to p. Davis, of Tulsa, par as 33/4s, 20 awarded aboi^t 3.34%. ing bonds offered Oct. 17—v. 178, Co., Cincinnati,, of price of 101.52, a as 3!/2S, basis of Sale—The Bond 1419 p. — awarded were at a Farmers & Merchants about Miamisburg. build¬ the to of Bank 3.33%. Montgomery County Chatham Local School District at premium a Sale—The Bond $35,000 Bond Offering County build¬ Auditor, bids sealed ing bonds offered Oct. 21—v. 178, Nov. 1419—were awarded to Fahey, Clark & Co., of Cleveland, as 2y2s, 567,000 p. at a about price of 100.54, Columbus, Cain, Offering City basis Nov. — Clerk, 6^ for 2,026,656.84 nually Sewer Nov. on Agnes Brown will the bonds, receive (EST) purchase divided as $51,556.84 limited tax, special as¬ sessment street improvement bonds, Series No. 242. Due on Bond Offering (EST) District of bonds. interest inclusive. National (M-N) payable at in Bank of Offering City $150,000 2 for water the will noon will until series New works improve¬ Dec. callable are 1954 10 from 1 inclusive. Due or 1973 to in¬ 1954 Dut 197' on or Optional to aftei years. 2,500,000 County Flood District bonds. Due Contro' Dec. 1 on from 1954 to 1973 inclusive. bonds dated are Dec. I. 1953. Legality approved by Van dewater, Sykes, Heckler & Gal¬ loway, of New York City. Harris County, East and Mount Houston Indep. Sch. Dist. Route (P. O. Box 600, 10, Houston), Texas Bond Offering A. V. — the of until the 8 Smith Board as of (CST) p.m. purchase house of bonds. Due April clusive. c Dated Principal payable Nov. 2 fo on $1,000,000 schoo Oct. 1, 195: 1 from 1954 to 1992 in¬ the at intere: and State Treasurer- office, or at the National Bank o Commerce, Houston. Legalit; approved by Vandewater, Syke;. Heckler & Galloway, of New York City. ? • >' •';/ Odessa, Texas M Bond Sale—An issue of $1,199,various municipal improve¬ 000 maturing in 1963 a was sold Oct. 15 tc on headed by Dewar, Rob¬ ertson & Pancoast, of San Antonio, at a price of par, a net interest group cost of about $164,000 4s. 3.65%, Due 1955 to 1961 to follows: Dec. 1 from inclusive. 275,000 3%s. Due 1962 as on 1969 on Dec. 1 from inclusive. 240,000 3V2S. Due on Dec. 1 from 1970 to 1972 inclusive. 520,000 3.65s. Due Athens, a.m. Tenn. 1973 to on Dec. 1 from 1978 inclusive. airport P, City. York Le¬ (P. District O. Hillsboro), Ore. inclusive. bonds was $135,000 sold to the First of June interest Chemical Bank bonds offered 1319—were Oct. 12—v. awarded Bank of to water 178, p. Sale—The provement —v. to 178, p. bonds Portland, a ' offered were Blyth & Co., Portland. Oct. 20—v. $775,000 178, p. 1420— Oct. 16 awarded 24.) Other members of the syndicate Rowles, Winston & & Mayor, Nov. will noon Co., all Underwood Houston Corp., o' Antonio, Lovett, Abercrombir & Co., of Houston, First of Texa* Corp., of San Antonio, James C of Securities & Co., of Austin, Fridle.v Hess, of Houston, and Keller & Demp¬ receive sealed Nov. 6 (EST) improvement on bonds. Dated 1, 1953. Due on Nov. 1, 1954 1955. & Rati iff, of Fort Worth. R. the purchase of $200,000 pub¬ lic and Tenn. Offering—Geo. until Co., McClum Knickerbocker, San & Bond March 3, th? Tucker not sold. Knoxville, for im¬ March Columbian Sold—The Not natural gas system revenue bonds as basis $35,274.83 offered the on $1,404,000 bonds having bee< purchased by the same group or Neuhaus ster, 1319—were at cessfully offered other Co., New First 4.74%. Vale, Ore. Bond & Trust Bolivar, Tenn. the price of 100.07, a Principal and payable Legality approved by City. Bonds $95,000 in callable are Chapman & Cutler, of Chicago. Riddle, Ore. Sale—The maturing 1962. 1, (J-D) National Bank of Portland, Bond Bonds thereafter and York Bond Sale—An issue of water L. of from ment bonds 1973 re¬ 10 as Water Progress re¬ (EST) purchase thereafter ac clusive. TENNESSEE bids Martha — Auditor, Bonds bonds. road 1 to 1955 Jan. 1, John J. Winn, Ohio ceive sealed bids until Nov. $23,479 1963 of about Oakwood, from divided Nov. 16 for the purchase on gality approved by Peck, Shaffer 4%s, at & Williams, of Cincinnati. on — of Manager, $1,000,000 National Bond and Ore. 1 bonds, Dated Principal the County Treasurer's office. Le¬ Graybill, inclusive. issue bids bonds. on $1,- Jan. p.m.- Bond Offering — R. Powell The bonds are dated Dec. 1, 195? Black, City Manager, v/ill receive and those maturing in 1969 and July 1, 1953. Due sealed bids until 8 p.m. (CST) on thereafter are callable as of De< on July 1 from 1954 to 1963 in¬ Nov. 3 for the purchase of $200,- 1, 1968. Legality approved by Mcclusive. Principal and interest 000 series D, electric system rev¬ Call, Parkhurst & Crowe of Dalla? (J-J) payable at the office of the enue bonds. Dated June 1, 1953. (These bonds are the remainder Port of'Portland or at'its fiscal1 Due on June 1 from 1956 to 1972 of the totaL'of $2,603,000 unsuc¬ of receive purchase on re¬ 2 Trustees, will receive sealed bid Pa. 1963. Principal and interest (J-J) payable at the County improvement bonds was sold to Treasurer's office, or at a suitable the First National Bank of Leb¬ banking institution designated by anon. the purchaser. Legality approved Port of Portland (P. O. by Dorsey, Colman, Barker, Scott & Barber, of Minneapolis. Portland), Ore. May 1 and Nov. 1 from 1964 to of ollow!?: will noon Due 1, 1953. Due semi-an¬ and Ohio sealed bids until 11:30 a.m. on of the 1955 2^1%. Bond a Dated until for 6 the at dike, Palmer & Dodge, of Boston. Jesse Haines, — Dec. of Bond Sale—The $20,000 general obligation bonds offered Sept. 21 —v. 178, p. 1106—were awarded First will until Nov. 4 for the purchase on Secretary the Auditor, bids $15,500,000 City at 1V2% inter¬ plus Portage, gality approved by Storey, Thorn- (P. O. Dayton), Ohio (P. O. R. F. D. No. S Medina), Ohio Lebanon, Sale—An Bond agency $15,000 payable City Treasurer's office. (PST) Co., Wm. J. Mericka & Co., both and Fox, Rausch & of Cleveland, (J-D) Cincinnati, as Jr., General a basis ceive sealed Miamisburg City Sch. Dist., Ohio (CST) of 1, 1953. interest Fox, Co., Inc., Braun, Bosworth & Co., both of Toledo, Hayden, Miller & sealed Hutzler, all $8,750. to price of 101.39, a ceive p.m. of) $75,000,000 tax Bros. & York est, Offering —H. L. Wash¬ County to a group composed of the First Boston Corp., C. J. Devine & Co., 1420—were awarded OREGON 3s, basis a Maple Heights, Ohio 1419—were awarded to a group 3y2s, at of McDonald & Co., p. Co., Cleve¬ Toledo, and about 2.83%. cial ing bonds offered Oct. 20—v. 178, & Co., & price a of Chicago, Johnson Roose Bond Brooklyn City School District (P. O. Cleveland 9), Ohio^ Bond Co., Ginther, Bond burn, S. — Co., County (P. O. Houston), Texas on until 1319—were p. of New ing and repair bonds offered Oct. 13—v. 178, Na¬ Legality ap¬ & Gibson, of 1,500,000 court house bonds. anticipation notes offered Oct. —v. 1. 1954 tc at the Dallas Gibson $11,500,000 (Commonwealth Sale—The Nov. Harris J-D. Eugene, Ore. Lilly, as 4s, at par. Lemon Township Local Sch. Dist. Bond school Offering — Henry F. (P. O. Monroe), Ohio SOUTH DAKOTA improvement bonds offered Oct. I Bond Sale Beistel, City Recorder, will re¬ The $1,500,000 21—v. 178, p. 1419—were awarded ceive sealed bids until 10 a.m. Omaka Indep. Sch. Dist., S. Dak. school construction and addition to Halsey, Stuart & Co., Inc., and Bond bonds offered Oct. 21—v. 178, p. (PST) on Nov. 9 for the purchase Offering — Rosalia P. the Central Republic Co., both of of $80,353.35 series I, Bancroft im¬ 1419—were awarded to a Schmidt, Clerk of theJ Board of group Chidago, jointly, as 3y4s, at a price provement bonds. Dated Dec. 1, Education, will receive sealed bids composed of Baxter, Williams & 1953. Due on Dec. 1 from 1954 to of 102.02, a basis of about 3.05%. until 8 p.m. (CST) on Oct. 27 for Co., Cleveland, W. E. Hutton & 1963 inclusive. Callable on or the purchase of $20,000 building Co., Cincinnati, Central Republic Berea, Ohio after Dec. 1, 1955. Principal and funding bonds. Dated Nov. Illinois both $108,000 storm Bank, Dallas. The Pennsylvania the im¬ Principal and in¬ tional Secretary,'will bids Dated „ payable Nov. 3 for the purchase certificates of indebt¬ on $20,000 Note sewer inclusive. by for street Nov. 1 from on terest by City Sch. Dist., Ohio Sale—The 1968 26 $35,000 follows: Offering—Harry Williams, Borough bids until Nov. 3 for the purchase of $57,000 water works system sanitary Due 1954 Sale—The $410,000 sanitary sewer and street im¬ 1953. Oct. on bonds. provement edness. at par. Bond p.m. (CST) purchase of Morgan, Bockius, of Philadelphia. Certificate Texas Offering—The City Clerk will receive sealed bids until 7:3t Mahanoy City, Pa. (EST) & and Bond from 1 approved Nov. on $20,500,001 TEXAS Interest Dec. on inclusive. Lewis & Hollis, Okla. Offering — M. Simmons, Clerk, will receive sealed City the purchase of Daingerfield, Fritsch- Dated Governor's of¬ (CST) a.m. bonds. Bond Columbus, Bedford for 17 11 Austin. (EST) on for the purchase of $250,- Legality of to Evan L. Bond fice until Secretary of the Board of Commissioners, will receive sealed Edu¬ 1955 to 1957 inclusive. both of Cleveland, Ohio Company, cipal and interest (M-N) payable and Ryan, Sutherland at the City Treasurer's office. Le¬ Co., of Toledo, as 3s, at a price gality approved by Peck, Shaffer of 101.36, a basis of about 2.84%. & Williams, of Cincinnati. Bond to Pauls Bond bonds. assessment sewer No. Cook, sealed (EST) purchase of Dated Nov. from District and P. noon the for County Dependent School 22 receive City Auditor, will Allentown be received at the man, posal plant bonds. Garvin p. Kenton, Ohio Offering—John Bond Sale—The $750,000 The — bonds the Township (P. O. Havertown), Pa. 000 general clusive. and basis of about 3.21%. a —v. 178, Ohio 1319—were awarded to from Seasongood & Mayer, of Cincin¬ nati, as 3y4s, at a price of 100.28, OHIO Bond Sale provement —v. 1964 inclusive. to Coshocton), Bond May 1 from on 1959 inclusive. to Keene Local School District follows: to Haverford Education, bids cation, will receive sealed bids un¬ til 1 p.m. (CST) on Oct. 30 for the (P. O. purchase of $3,500 transportation Bank. net interest cost as $160,000 2y4s. Due 1956 lar Tennessee (State of) Bond Offering—Sealed bids will proved County Indep. Sch. Dist. (P. O. Lawton), Okla. Offering—J. S. Kuntze, 8 Clerk will Weld of about awarded Comanche 1419—were awarded p. p.m. City, and the Trust Company of Georgia, of Atlanta, jointly, aV a will receive sealed bids until National Bank, as 2y4s, at of 100.24. OKLAHOMA 1519—were awarded to cipal and interest (M-N) payable & Co., New York at the Hubbard Branch of the Dol¬ p. Bank, New York City. Le¬ gality approved by Caldwell, Mar¬ shall, Trimble & Mitchell, of New Bond Offering—E. W. Devitt, York City. Secretary of the Board of Direct¬ ors, bids until noon (EST) on Oct. 31 County (P. O. for the purchase of $15,500 im¬ Wilson), N. C. Bond Sale—The $360,000 school provement bonds. Due on May 1 from 1954 to 1963 inclusive. Prin¬ building bonds offered Oct. 20— 178, White, tional > O. Wilson v. PENNSYLVANIA Aliquippa School District, Pa. Trimble Ohio Sale—The Bond from 1 inclusive. 1966 to Nov. bonds. on inclusive. M-N. inclusive. Due to 3s. 1 inclusive. Toledo, Nov. on Fund Nov. on 1974 Findlay, 19—v. $4,000 3s. Due on Nov. 1 from 1955 6,000 4%s. Due Bond Due to mu¬ Due were Corp., net interest cost of about 100.01, bonds. 1955 tax ment / Township Local Sch. Dist. 8 p.m. (EST) on Nov. 17 for the Jacksonville), Ohio purchase of $350,000 general ob¬ The bonds are dated Dec. 1, Bond Sale—The $18,000 build¬ ligation bonds. 1953. Principal and interest pay¬ ing bonds offered Sept. 26—v. 178, Beaver Falls School District, Pa. able at the City Treasurer's office. p. 1210—were awarded to the Bond Sale—The $75,000 build¬ Legality approved by Squire, Weil, Roth & Irving Co., of Cin¬ ing bonds offered Oct. 19—v. 178, Sanders & Dempsey, of Cleveland. cinnati, as 4i/4s, at a price of p. 1319—were awarded to Blair, 100.31, a basis of about 4.15%. Erie County (P. O. Rollins & Co., Inc., and Arthurs, Sandusky), Ohio Washington C. H., Ohio Lestrange & Co., both of Pitts¬ Bond Sale—The $65,000 water Bond Sale—The $46,540.99 san¬ burgh, jointly, as 2s, at a price works system bonds offered Oct. itary sewer bonds offered Oct. 17 of 100.10, a basis of about 1.98%. 22—v. 178, p. 1419—were awarded —v. 178, p. 1319—were awarded Emmau8, Pa. to McDonald & Co., of Cleveland, to J. A. White & Co., of Cincin¬ Bond Sale—The $50,000 bonds as 2s, at a price of 100.78, a basis nati, as 2V2S, at a price of 101.21, offered Oct. 19—v. 178, p. 1319— of about 1.85%. a basis of about 2.29%. price of a in- 1964 (P. May 1 from on to airport, 14 from Interest May 1 from 1959 on 12,000 4y4s. Due 10,000 May 1 from inclusive. 1965 to nicipal No. on 1955 unlimited 1,975,100.00 . 1958 inclusive. to from 1 clusiyp. Interest J-D.no.v< , 51 Principal and interest (M-N) payable at the Chase Na¬ Sequin, Bond system 20—v. to a able Texas Sale—The $450,000 utilii;revenue 178, p. bonds offered Oct 1520—were awarder group composed of the Equit Securities Corp., Nashville Underwood, Neuhaus & Co., o. 52 (1616) The Commercial and Financial Chronicle... WISCONSIN Guerin & Inc., made public offering in the U. S. on Oct. 21, of an issue of price of Fond du Lac, Wis. 100.02, a net interest cost of about $50,000,000 3%% debentures at a Bond Offering—G. J. Ondrasek, 2.79%, as follows: price of 98.78 and accrued inter¬ City Clerk, will receive sealed est. The issue is dated Nov. 1, $380,000 23/4s. Due on April bids until 10 a.m. (CST) on Nov. 1953 from 1967 to 1972 inclusive. and matures on Nov. 1, 1978. 3 for the purchase of $635,000 Proceeds from the sale of the 70,000 3s. Due on April 1, 1973. corporate purpose bonds. Dated debentures will be advanced by Travis County Water Control and Oct. 1, 1953. Separate bids must the Province of Ontario to The Improvement District No. 7 be made for the issue to mature Hydro-Electric Power Commis¬ (P. O. Austin), Texas as follows: (a) on Oct. 1 from 1954 sion of Ontario which will use Bond Sale—An issue of $400,to 1973 inclusive; and (b) on Oct. the funds to pay for a part of its 000 water works bonds was sold Houston, Turner, and Eppler, of Dallas, at 1 & Co., San Antonio* Rauscher, Pierce & Co., Dallas, Russ & Co., San Antonio, First Southwest Co., R. J. Dallas, and as $89,000 4s. Edwards, follows: Due Inc., both of <■ 4%s. Lac. Due 1963 to inclusive. Legality approved by Chap¬ Cutler, of Chicago. from 15 Niellsville Oct. on 1954 & man Oct. on 1957 to 1968 inclusive. 311,000 from capital construction program and Principal and interest (A-O) pay¬ to repay any temporary loans in¬ able at the City Treasurer's of¬ curred for capital or other pur¬ fice; the Fond du Lac National poses that may be outstanding on Bank, Fond du Lac, or at the Na¬ the date of the advance. The Com¬ tional Exchange Bank, Fond du mission estimates the cost of its to a group composed of James C. Tucker & Co., Austin, M. E. Alli¬ son (City), and Pine Valley (Town) Joint Sch. Dist. No. 4 (P. O. Niellsville), Wis. 15 from 1969 to 1988 inclusive. Bond Offering—D. L. Dated Oct. 15, 1953. Callable as of Oct. 15, 1958. Interest A-O. Dundas, District Clerk, will receive sealed Legality approved by Chapman & Cutler, of Chicago. bids VIRGINIA until Sale — The $1,175,000 im¬ bonds provement offered Oct. 22 1420—were awarded to a group composed of Chemical Bank & Trust Co., Kean, Taylor & Co., and Park, Ryan & Co., all of New York City, at a price of 100.03, a net interest cost of about 1.95%, as follows: 178, —v. p. $950,000 " school bonds: $400,000 l3/4s, due on Nov. 1 from 1954 to 1961 inclusive; and $550,000 2s, due 1973 Nov. 1 from 1962 to on inclusive. due 1 from inclusive; 1954 to $145,000 and 2s, due on Nov. 1 from 1962 to 1973 inclusive. ; . Nov. on 1961 WASHINGTON Pierce County, Sumner Sch. Dist. No. 320 (P. O. Tacoma), Wash. Bond Sale—The $110,000 gen¬ eral obligation fered Oct. awarded were school 15—v. bonds 178, to Foster of¬ 1420— p. & Mar¬ shall, of Seattle. Virginia Board of Education (P. O. Charleston), W. Va. the Board the Education, will receive office, Room 37, State Capitol Building, Charleston, until 2 p.m. (EST) on sealed at the Board's the no p. previous bids Marine Due on dated are Dec. 1 from 1954 to 1978 inclusive. Bonds callable as of Dec. cipal and interest at the State Charleston 1, 1963. (J-D) Bond London, Clerk, sealed bids until n n will 8 Dated, Nov. Nov. from 1 at or that the i f r e d receive and 1, 1953. to bids until for 29 District No. Box 525, Bond ing 3 the 9 origi¬ offered Oct. 1964 The 178, p. as of about Corporation a regular share on the Common check on Bond Sale — business on ($.65) per at 15, 1953 to the close of November 13, 1953. P. C. SPENCER President sold $58,000 to G. L. a net interest cost a as cently as $90,000 $123,000 follows: sewer Due a Dated Aug. l'from 1, 1953. 1954 to Du 1973 in follow: year ago, BUSINESS INDEXES 1935-39 average=100 for industrial production and freight carloadings, 1947-49 average—100 for all other series Seasonally Adjusted 1953 flndustrial production— —Unadjusted- 1952 -1953 - 1952 Aug. July Aug. July Aug. t236 232 215 t239 234 218 +248 244 225 1251 246 228 Durable +311 311 267 t313 312 269 Nondurable +197 191 191 t201 192 195 + 170 165 156 1174 170 161" + 140 144 84 + 138 129 Total Aug. Manufactures— Total Minerals * Major consumer durables— Total Passenger cars Household 159 63 1150 159 63 +129 Construction contracts, valu/e— Total 128 108 1124 98 104 +193 Residential +181 All 172 . 207 t203 175 193 1180 178 192 170 +201 other 217 t218 196 235 +112.8 113.3 109.9 U13.0 112.6 110. +110.9 112.3 104.7 till.7 110.3 105. 110.5 U20.3 120.4 109. 98.0 tl01.6 98.5 100. 149.0 134. +121.0 122.6 +99.0 100.2 130 available, §Estimates, . * 125 134 113 197 118 adjusted, for September 1953: total data of the Bureau Construction second month, of Labor contract of total 98 114 industrial are production manufactures compiled by or bas Statistics. indexes based on INDUSTRIAL 3-month averages, Aug. centered a PRODUCTION average=100 Seasonally Adjusted Unadjusted- 1952 1953 1953 Electric •' - II Transportation +277 279 244 247 221 246 247 221 318 283 311 318 283 229 202 225 229 202 923 Open hearth 244 225 Steel 279 246 Pig iron Aug. +227 steel July 311 and Iron 129 89 nondurable moving Dodge data lor 37 Eastern States. F;. W. 128 1121 ^Estimated. tpreliminary. seasonally 123 113 + 130 + 111 manufactures, 246; durable manufactures, 307; 197; minerals, 168. flThe unadjusted indexes of employment and payrolls on 218 workers— total Department store sales, value Department store stocks, value— •Not 189 $151.3 production Payrolls, total Freight carloadings 234; 83 +150 . goods Machinery follows: in were the sold Sept. on 1968 bonds 1 958 860 923 958 860 +389 387 336 +389 387 336 300 > +389 equipment ' 394 Aug. July Aug. bonds from inclusive. dated are Sept. 1, 1953. & Co., +389 394 290 175 +277 290 175 251 213 +245 251 213 Smelting and refining +281 283 251 +281 282 251 +230 238 197 +230 238 197 + 159 149 149 + 169 158 160 + 146 135 135 + 162 149 152 +184 177 175 + 184 177 175 +230 231 221 +240 233 231 267 261 (incl. metals parts) and products _ Lumber and products Lumber re¬ _ Furniture Orford Township, Que. $21,000 to road bonds was sold to Morgan, Minneap¬ Kempf & Robertson, of Montreal, olis. as 4V2s, at a price of 96.50, a basis 33,000 general obligation sewer of about 5.28%. Dated July 1, bonds to the Sundance State 1953. Due on July 1 from 1954 to Kalman 300 +277 +245 Automobiles 1 Bond Sale—An issue of revenue from inclusive. Nonferrous Due 1957 to Sept. on 1956 to 4s. The Bonds armount of of __ _ Stone, clay and glass products Cement * Textiles 243 231 >» +156 155 163 +161 157 169 + 167 156 170 + 167 156 170 _ Clay products— and products Cotton consumption 139 Rayon deliveries 347 1963 inclusive. County Sch. (P. Bond Dist. No. 178, Pointe-Claireville Roman Catholic O. Evanston), Wyo. Sale—The $600,000 school building bonds offered Oct. v. 1 p. 15— 1211—were awarded to School Bond 000 Commission, Que. issue of $425,- Sale—An school bonds sold was to the Canadierine Nationale, McNeil, Mantha, Inc., both of Co., Peters, Writer & Christensen, Montreal, jointly, at a price of and Bosworth, Sullivan & Co., all 94.52, a net interest cost of about of Denver, as 2%s, at a price of 5.05%, as follows: 100.02, a net interest cost of about $268,000 4s. Due on Nov. 1 from group composed of Boettcher & Banque and (Dominion of) Bills Sold—An issue Due 1973 on Nov. 1 from 1.929%; and $5,000,000, due July 16, 1954, at 2.751%. Ontario (Province of) Debentures Sold in U.' S. — A group composed of Harriman Rip¬ ley Co., & Co., Inc., Inc., Wood, Gundy & Smith Barney & Co., First Boston 113 143 359 369 95 116 94 116 * 85 97 Shoes * 102 +160 160 Leather and products — Manufactured Wheat dated are Lambert Roman school bonds Banque was Canadienne Other Nov. 1, Catholic net interest cost as of 164 + 181 172 185 107 109 +100 106 108 157 158 + 153 149 tl87 publishing Newsprint consumption 171 134 123 186 188 261 and 166 * 215 +183 Paperboard 173 to 1954 to 1963 55,000 3V4s. __ _ 1964 Corp., A. E. Ames & The Co., Inc., Dominion Securities (Corp., and McLeod, Young, Weir, 11953. to 1968 bonds Oct. 1 from 222 161 157 162 153 145 146 280 +295 294 280 +248 245 231 +248 245 231 227 235 +224 227 235 169 326 302 +324 165 154 +364 373 354 +633 636 +261 _ 169 294 261 +327 L __ _ chemicals products •Data not yet available. - • 188 169 323 299 +161 163 152 +364 373 354 568 +633 636 568 242 +261 261 242 _ tPrellminary. FREIGHT 1935-39 CARLOADINGS average=100 Seasonally Adjusted loci Oct. dated -Unadjusted1 <L Qf^ iJOO 1952 July Aug. Aug. 1952 July Aug. 1 from Oct. 1, Coal 112 94 101 112 94 101 Coke inclusive. are 215 +174 + 162 __ Chemicals price of 94.77, of about 4.73%, on 261 165 Nationale, inclusive: Due 188 171 oil a on 185 +295 products Aug. Due +214 222 follows: $195,000 4s. 195 234 188 coal Gasoline the 138 174 174 9 +224 and Industrial $250,- sold 129 + 165 vegs.— Paper and products Rubber 102 +215 and Rayon Que. 95 129 + 101 manufactured foods Processed fruits Printing 81 u +172 ; Credit-Quebec, Inc., both of Quebec, jointly, at a products flour Coke bonds School Commission, Bond Sale—An issue 000 food Meatpacking Paints and ONTARIO 139 347 Fuel inclusive. 1953. St. to 143 369 Petroleum 1954 to 1963 inclusive. 1964 113 359' <* Tanning Bank. Unita of quarterly issue of was 4.35%, $37,500 3s. WYOMING de¬ Stock, payable December stockholders of record 1953 month and a 1, Commission, Que. par. $40,000,000 Treasury bills was sold on Oct. 15, as follows: $35,000,000 due Jan. 15, 1954, to yield Surplus with 1935-39 Co., of Montreal, at price of 97.50, of dividend of sixty-five cents by bonds 1954 3s, at Sundance, Wyo. Treasury the School o net interest cost of abou on Sept. 30 its monthly indexes of industrial production, factory' employment and payrolls, etc. The indexes for August together 1 from Aug. 3s as price a Fabricating Bank, Canada Earned dated at August Business Index Nondurable Aug. 4y2s, The Board of Governors of the Federal Reserve System issued Que. on are 157,000 4V2S. October 8, Federal Reserve Employment, of and Aug. on 1, Mon Com elusive. inclusive. 1973 Sale—An The the a 1953 20,500 OIL on 1, 4s 89.30, 1953. at Nov. issue Due to bonds Bond CANADA The Board of Directors of Sinclair Oil after 3y2s, 5.05%. Nov. 1953. SINCLAIR from Sale—An 245,000 4s. 2.37%. CommonStockDividendNo.92 Province bond composed o group merce, Toronto, McNeil, Mantha Inc., and the Credit Interprovin 4 school 1420—were awarded to Waukesha Bank, CORPORATION dated are a rial, Ltd., both of Montreal, Nov. 1 from on to Dawson, Hannaford, Ltd., Canadian Bank* of from 1 1968 inclusive. bonds Manufg. Beaubien & refunding 15—v. to Due Nov. sold $900, treal, inclusive. MANUFACTURES $51,800 build¬ and on 1963 Durable (CST) purchase of Waukesha), Wis. Sale—The National a clared and Chicoutimi, p.m. (P. O. Route 3, construction bonds 1964 QUEBEC in¬ Director, will receive sealed oral Due to public * improvement was follows: as ^Employment and payrolls— Nonagricultural empl., total— Due 1973 Waukesha (Town) Common School office; NOTICE of the 1958, at prices ranging from 101 V2% to 100%, plus accrued Bond Oct. on Prin¬ National Corporation option time on p.m. 1954 4s. The and $400,Principal and interest 000 public improvement bonds was (M-N) payable at the First State sold to Bell, Gouinlock & Co., A. Bank, New London. Legality ap¬ E. Ames & Co., both of Toronto, proved by Chapman & Cutler, of and Nesbitt, Thomson & Co., of Chicago. Montreal, jointly, at a price of Preble and Humboldt (Towns) 90.86, a net interest cost of about School District No. 1 (P. O. 4.87%, as follows: Green Bay), Wis. $155,000 3s. Due on Aug. 1 from Bond Offering — Peter Walra1954 to 1963 inclusive. are Charleston, or at the Chase Na¬ tional Bank, New York City. Le¬ gality approved by Caldwell, Marshall, Trimble & Mitchell, of New York City. States 000 Laflamme, Ltd., La 5.35%, 50,000 41/2s. of the debentures owners the clusive. ven, about 1954 Project costs. interest on the United Bond was & $70,000 imposed by the Government, provided (CST) interest. on Nov. 4 for the purchase of $325,000 sewage disposal system bonds. of taxes Canadian Wis. Offering—W i City payable Treasurer's DIVIDEND the such or at Davy, ma¬ turing in 1964 and thereafter the of rency Thetford Mines, Que. Sale—An issue of $120,- de debentures will be payable in cur¬ any on bonds at E. of bonds Prets, Grenier, Co., and Clement, GuiInc., all of Quebec, at a price of 92.72, a net interest cost Ruel Power and J. issue sewer mont, National New (At Oct. 7, received.—V. 178, The 1, 1953. bonds. offering were 1520.) Dec. school payable Bank, Neillsville, Nov. 18 for the purchase of $130,000 Marshall College - Shawkey revenue exclusive Principal to and Corporation for $146,500,000 for of any St. Law¬ about River sold total Exchange are not residents of Canada. The debentures will constitute Bank, Milwaukee. Legality ap¬ proved by Lines, Spooner & direct obligations of the Province of Ontario and will be redeemable Quarles, of Milwaukee. State of Union Principal and in¬ (M-N) N'eillsville Bond Offering—Charles A. Wil¬ of 1954, Neuville West President and Monique, Que. Sale—An water $191,000,000 1953 rence will program 000 a.m. $730,000 building bonds, nally offered on Oct. 15. WEST VIRGINIA liamson, inclusive. terest on 225,000 water bonds: $80,000 l%s, 10:30 construction approximately (CST) on will be free of all present and Nov. 3, for the purchase of $285,- future taxes, including income 000 building bonds. Dated Nov. 1, taxes and succession duties, im¬ 1953. Due on May 1 from 1955 to posed by the Province of Ontario 1973 Charlottesville, Va. Bond St. Bond a Monday, October 26, 195 169 167 160 162 162 154 Grain 131 138 134 142 166 145 Livestock " 58 GO 65 55 46 Forest products Ore 145 146 149 153 147 157 221 213 216 331 341 323 Miscellaneous 145 139 140 146 141 141 44 42 46 44 42 46 Merchandise, l.c.l 61