Trading securities are recorded in the balance sheet of the investor at their fair value as of the balance sheet date. This type of marketable security is always positioned in the balance sheet as a current asset.
Second: cubic foot (cu ft-ft3) is unit of volume. The cubic feet amount 13.31 cu ft-ft3 converts into 1 sh tn, one ton US (short). It is the EQUAL concrete mass value of 1 ton US (short) but in the cubic feet volume unit alternative.
1 A cubic foot is the equivalent of 1,728 cubic inches (since a foot is twelve inches, a cubic foot can be imagined as a cube with sides of twelve inches, or 12 x 12 x 12 one inch cubes stacked together). 2  In practice, cubic feet and cubic inches tend to be distinct units that would not be used together.