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^ * BANK REQ. U. 3. PAT. OFFICE New York Stock Exchange Boston Stock Exchange Baltimore Stock Exchange New York Curb Exchange New York Produce Exchange Chicago Stock Exchange Pittsburgh Stock Exchange Cleveland Stock Exchange San Francisco Stock Exchange Philadelphia Stock Exchange Los Angeles Stock Exchange Detroit Stock Exchange INDEX TO STOCK EXCHANGES PAGE N. Y. STOCK EXCHANGE—BONDS 18 N. Y. STOCK EXCHANGE—STOCKS..31 NEW YORK CURB EXCHANGE NEW YORK PRODUCE 41 PAGS BOSTON STOCK EXCHANGE 60 CLEVELAND STOCK EXCHANGE....62 CHANGE BALTIMORE STOCK EXCHANGE 63 DETROIT STOCK EXCHANGE EX¬ 64 55 LOS ANGELES STOCK EXCHANGE.__65 CHICAGO STOCK EXCHANGE56 SAN FRANCISCO STOCK EXCHANGE.66 PHILADELPHIA STOCK EXCHANGE.59 PITTSBURGH STOCK EXCHANGE...68 INDEX TO GENERAL QUOTATIONS PAGE REVIEW OF PAGE 1 TEXTILE MANUFACTURING STOCKS. MARCH STEAM RAILROAD BONDS 69 NORTHERN STEAM RAILROAD STOCKS 73 SOUTHERN MILLS 86 CANADIAN MILLS.. 86 INVESTMENT TRUST ST'KS & B'DS.,74 MILLS ..86 JOINT STOCK LAND BANK BONDS...91 MINING STOCKS JOINT STOCK LAND BANK STOCKS..91 INSURANCE STOCKS & SCRIP...86, 112 .....86 92 REAL ESTATE TRUST & LAND STKS.87 Ill TITLE GUAR. & SAFE DEP. ST0CKS..87 FEDERAL LAND BANK BONDS REAL ESTATE BONDS PUBLIC UTILITY BONDS 75 U. S. AND MUNICIPAL BONDS 92 PUBLIC UTILITY STOCKS... 80 CANADIAN MUNICIPAL BONDS 94 INDUSTRIAL & MISCELL. BONDS....83 FOREIGN GOVERNMENT BONDS....93 INDUSTRIAL & MISCELL. STOCKS...87 BANKS AND TRUST COMPANIES...101 EXCHANGE SEATS CANADIAN BANKS. 85 112 -A/prdLl 8, 1932 WILLIAM B. William DANA COMPANY, Street, Corner of PUBLISHERS Spruce Street, New York. Investment Service For Institutions Through offer be an our offices in important cities in the United States and abroad, we Upon request experienced investment service to institutions. pleased to submit we shall comprehensive list of carefully selected Government, a Municipal, Railroad and Public Utility Bonds which we recommend for investment. Chase Harris Forbes Corporation The Chase National Bank SO Cedar Street, .. • Building New York public utilities REAL ESTATE BONDS.... industrials Our files contain quotations on approximately 2,000 Real Estate bonds. rails We invite your inquiries on any Realty bonds in which you may have a current interest. HANSON HANSON & banks ESTABLISH FD insurance investmentTrust 1912 Members Association of Bank Stock Dealers Unlisted Securities Dealers Association 25 Broadway, N. Y. SAFE DEPOSIT & TRUST CO. OF BALTIMORE Chartered 1864 Capital $2,000,000 Acts Organized 1867 Surplus & Profits Over $4,870,000 Trustee of Corporation Mortgages, Fiscal Agent for Corporations and Individuals, Transfer Agent and Registrar. Depositary under plans of as reorganization. Acts Executor, Administrator, Guardian, Receiver, Attorney and Agent, being especially organized for careful management and settlement of estates of every character. as Trustee, SECURITIES HELD ON DEPOSIT FOR OUT-OF-TOWN CORPORATIONS AND PERSONS. DIRECTORS H. WALTERS WALDO NEWCOMER NORMAN JAMES SHOEMAKER BLANCHARD RANDALL G. BAETJER SAMUEL M. EDWIN JOHN J. NELLIGAN JOSEPH B. KIRBY ROBERT GARRETT J. EDWARD JOHNSTON HOWARD BRUCE MORRIS WHITRIDGE I OFFICERS H. WALTERS, Chairman of Board NELLIGAN, President ANDREW P. SPAMER, 2d V.-P. JOHN W.MARSHALL,Asst.to Pres. JOSEPH B. KIRBY, 3d Vice-Pres. H. H. M. LEE, Vice-President WILLIAM R. HUBNER, 4th V.-P JOHN J. George B. Gammie R. S. Opie - Asat. I. Campbell Connor Asst. Secretary - Treasurer V.-P. & Asst. Sec. Roland L. Miller - Cashier & Asst. Sec. George Pausch Asst. V.-P. & Sec. Albert P. Strobel - Real Estate Officer John W. Bosley - Asst. Treas.& Asst. Sec. Maurice J. Nelligan, Asst. Cashier & Asst. See. W. D. Gill Wrightaon- Asst. Secretary Edgar H. Cromwell, Harry E. Challis - - Assistant Cashier Raymond E. Burnett Asst. Treas. & Asst. Sec. Auditor Asst. Auditor Troeger Assistant Treasurer Howard W. Baynard • • Asst. Auditor J. Edward Knapp - Assistant Treasurer James S. Asher Thomas B. Butler Asst. to 3rd V.-P. C. F. Lechthaler Asst. Real Est. Officer Statistician Robert B. Chaaman Assistant Secretary Chalmers S. Brumbaugh Andrew H. Digby 4-8700 BANK ^QUOTATION RECORD KEU. U. S. PAT. OFFICt. Copyright in 1932 by WILLIAM B. DANA COMPANY, in office of Librarian of Congress, Washington, D. C. as Second Class Matter, March 9 1928, at the Post Office at New York, N. Y., under the Act of March 3 1879. Entered 1% vouil new york, april 8 1932. : Chairman The Bank and Quotation Record is one of the publications Terms for the Chronicle countries Alaska; United and of the are $11.50 States $10 per annum within Continental in Canada, Possessions United other foreign $13.50 in and Quotation Record is $6.00 a Foreign postage outside of United States and Canada, 50 cents extra. Single copies are sold at 75 cents per copy. DANA E.C. tion of AND occupied of the Federal Government 1932, with the idea of preventing outcome in the became the revenues, nificance. situation, year of ending June 30 following outline of the main provisions of the The $1,096,000,000 additional revenue is expected to be raised by the following (5) Lowering the price on which was a unset¬ new the revival of trade for which TO THE TAX from revenue new some plainly sources, 1% billion task. On account of the continued shrinkage in Government rev¬ and particularly the income tax receipts, the Treas¬ Department had found it made of the the difficulty previous shortage, of the necessary December, this and undertaking. to revise its esti¬ to as naturally In the probable added statement a 90,000,000 28,000,000 Excise tax 75,000,000 Telephone, telegraph and radio message tax Tax on - imported oil of 1 cent per gallon Mr. placed is to each of these items is "very, on given. Approved by In statement issued on March a the bill, in revenue which the Treasury Department had estimated the previous Odgen L. Mills, anticipates raising approximately 000." new revenue and by reducing expenditures by $125,000,- Although the bill differs in be raised bo from sources "The budget of the fiscal year that there will be new sources $1,241,000,000, and he from which this huge amount could later before the that will $118,000,000. in framing its The House Committee bill, undertook to provide this additional as introduced in the House, provision for raising the full amount which it estimated would be needed, but the Committee on was Ways and Means made the mistake of undertaking to raise nearly half measure "explain in where the trouble tax was ment had rejected the arose. Violent opposition to manifested from the start. in its own the sales proposals for tax, aud objections to the same, The new Secretary this sales sources of revenue Mills had Cullen (Dem.), of New York City, had offered The but he finally acquiesced in the action of the Ways and Means Committee, since he felt it would yield the revenue counted upon, and he was desirous of proposal Chairman showing a spirit of co-operation with the Democrats order to get a bill free new from of political taxation bill was a in non-partisan character and wholly considerations. completed on The drafting of the March 5 by the Ways and reason amendment to the bill which would have tax on the beverage of $5 barrel, a rejected, however, by a large majority, the Acting explained. Although the excise, manufacturers' sales and special excise tax visions of the new income, the ex¬ tax would have yielded approximately $300,000,000. a was a an measure new effect until repealed bill will expire on or pro¬ June 30 1934, Mr. Crisp explained corporation, estate and gift rates will remain in otherwise changed. tax rates of the bill will be Sales None of the new or additional retroactive, the Committee agreed. Tax on Wholesale Price. The manufacturers' sales tax, under which practically all manufactured articles except the necessities go of life would be taxed at a into effect 30 days after the enactment of the bill. 2.25% rate, would The tax would be collected from the manufacturer at the wholesale price, and under the pro¬ lusions of the bill the manufacturers would have 30 days after the effective date of the tax to pay Where law, it a was their first month's tax. special excise tax is being paid on any commodity under existing explained, the manufacturers' sales tax will not apply. Broad authority is given to the Treasury Department to work out a method of administering this tax, but a licensing system has been provided more a year shall be licensed and bonded. doing a business of $20,000 Approximately 140,000 facturers throughout the country are to be licensed under this is estimated. The Treasury, in or manu¬ provision, it administering the manufacturers' sales tax, must let the manufacturer know in advance what the tax indicated sense few days detail" each section, and make clear the in the bill under which all manufacturers Treasury Depart¬ a would be reported, as he desires to write a report every shortly before the Committee agreed upon the the amount, or, to be precise, $595,000,000, by a sales tax of 2.25% on manufactured goods and articles, and that is be balanced in the the public debt after June 30, Mr. Crisp said that he thought it "only fair" to state that Representative Ways and Means, and the bill, amount of revenue, made on can now for the action of the Committee regarding each item. obtained, this including estimated economies in amount of 1933 further increases in no next," Mr. Mills asserted. Mr. Crisp explained that it would be that by $455,000,000, making the actual from the recommendations many ways submitted by the Department, he stated, it has the approval of the Treasury. December it would be necessary to provide, the amount would indicated the Treasury. 5, following the Committee's agreement the Secretary of the Treasury, plaining that such have to be increased conservative," and that it very probable that in nearly each instance the actual yield will be greater than figures the issued new 100,000,000 Crisp asserted that the estimated yield which the Committee has indicated $786,000,000 of 5,000,000 Changes in administrative features to "plug up" loop¬ legalized beer and have placed of the 35,000,000 holes in the present revenue statute February, Mr. Mills, the present Secretary of the Treasury, that instead admission tax is to be that "the Committee proposes to cover the deficit by BILL. no easy an 35,000,000 (9) on NEW 21,000,000 gift tax a Increase in stock transfer tax (10) everyone fervently praying. DEVELOPS 112,000,000 (8) to be avoided apprehen¬ --..--$595,000,000 (7) would debt 2.25% rate (6) change for the better in the Government a charged relative insig¬ Unfortunately tax legislation took so and increased rates of the bill: Doubling of estate tax and imposition of otherwise OPPOSITION new (4) in affairs feature important Balancing the budget meant providing dollars of to bill, Repre¬ stating orally, according "United States Daily" of March 5, which also furn¬ the $1,120,000,000 of sum 1933 would deficit of $1,241,000,000 will be more than covered, he explained. deficit at all in Govern¬ any situation which a earnestly and GREAT now way new Increased corporation tax rate since further delaying extent reported ias (3) tling influence in the business and financial world, thereby ury was under year possible by the enactment of the Crisp was surplus of $5,000,000 a Increased income and surtax rates--.-. regarding the outcome, and thus became mate, brought was budget with (2) unfavorable turn, and this gave rise to grave enues, House repoTt March 9 and considera¬ A manufacturers' sales tax at any up, pile above everything else. so the on during the next fiscal year, and with $125,000,000 which is expected to be saved in Federal expenditures and $25,000,000 to be saved by proposed increases to be made in postal rates, the Treasury's estimated Obviously the budget had to be balanced before continue to was in A balanced recommendation for a Committee's (1) the country could count on any sions The and, indeed, with the purpose fiscal year, new budget a running in excess alongside which everything else paled into an delay. repetition of such an ensuring the country against trade bill immediately The bill itself will provide for the raising of an additional $1,096,000,000 large share of attention a $2,000,000,000 for the current fiscal ment the was of revenue still measures during March, but tax legislation for correcting of bill bill: FINANCIAL EVENTS. Relief deficit The Committee, which met promptly and Treasury by the end of the fiscal to the ished REVIEW OF MARCH—COMMERCIAL Committee. the formally presented to the House sentative York. to without passage be made COMPANY, Publishers, William Street comer Spruce Street, New the agreed to report it to the House with its in the LONDON OFFICE—Edwards & Smith, 1 Drapers' Gardens, B. of back March 10. CHICAGO OFFICE—208 South La Salle Street. WILLIAM referred Territories. and The subscription price to the Bank and year. 4. Committee, and on Monday, March 7, the bill was introduced in the House by Representative Crisp, Acting Quotation Record and Oommercial & Financial Chronicle and is issued monthly. except no Means Bank States, c on a specific article is to be, so that the manufacturer will have that information before him. The bill provides that where contracts have been made before March 1 1932, by manufacturers to deliver goods in the future, the purchaser is required to pay the tax. The manufacturers' sales tax will affect of 2.25% which are I Mr. Crisp sales tax imports to the extent that above the regular tariff is to be required imported. on a duty all finished goods Exemptions from Sales Tax. said that items selected for exemption from the manufacturers! take up less than two pages of the bill. The exemptions include produced in the United States; fergarden and field seed; meat, fish, shelled fish and poultry (fresh, dried, salted or in brine); bacon and ham, not cooked or sealed in air-tight containers; salt, butter, oleomargarine and other butter substitutes; cheese, milk or cream in any form; eggs in the shell; bread, flour or meal, made of grain or semolina; sugar, tea, coffee; tobacco and tobacco products already taxed; water not conserved in trans¬ portable containers; newspapers, magazines and other periodicals; books for the blind; textbooks for public and private schools; bibles, rosaries, chaplets, and practically all other articles of religious devotion or used ex¬ products and garden products Farm . REVIEW MONTHLY b tilizers ingredients of fertilizers; and clusively in connection with churches. and surtax rates, under the new bill, the With the increasing of income A single person will be required to pay a tax on all income over $1,000 instead of $1,500 as at present, while the exemption in the new bill for a married person will be $2,500 instead of $3,500 as at exemptions are lowered. ^ present.'. •• ''•/ -v'. z+v. The rate increased from W% to 2%; from the first $4,000 will be on and from $8,000 to $10,000, increased from 5 to 6%. The surtax rates begin with incomes of $10,000 or over, a 1% surtax applicable to incomes of $10,000 to $12,000; 2% on incomes from $12,000 to $14,000; 3% on incomes from $14,000 to $16,000, graduating up to 40% on incomes of $100,000 or over. The surtax is be lowered from $20,000 to The credit would be deductible from gross income computed. is increased from 12 to 13 %. Under the present law a corporation with a net income up to $25,000 is exempted to the extent of $3,000. Under the new bill no corporation with a net income of over $10,000 will be allowed an exemption, but those with a net income of less than $10,000 will be allowed an exemption of $2,000. 12^5 % instead of 25% from the net tax as now at the rate of The corporation tax rate to be classified as "super-tax," and all of the in¬ a existing law, 80% of the estate tax collected goes to of this tax as if from benefit will receive no change had been made, but the States no the doubling of this rate. The bill would make the maximum estate tax 40% on estates The new bill, however, allows for shrinkage of $10,000,000. during periods of depression by allowing them to of estates the States. proportionate share bill the States will continue to get their new in excess in the value be valued 18 after death. months evasion of the estate tax, as is done under the present In order to prevent the bill so as to provide that all property or money inherited, exceeding $50,000, whether given in contemplation of death or not, is subject to a tax gradu¬ ated from 1J^% on $50,000 to 30% on $10,000,000 or above. The gift law, according to Mr. Crisp, a gift tax has been incorporated in tax is described as "mother tax" to the estate tax by Mr. Crisp. a having in hosts of cases suffered even (the wealthy classes but the underlying shrinkage) come spirit boded ill and complete control of which had' the House, that indicated lost by the leaders in both parties, was on a rampage provide new to effort of instead destruction of the general in¬ that the rest of the community from worse being in engaged legitimate a Conservative of revenue. sources people expressed the fear that if this species of legislation should really find be to check would its way into the statute books the effect the flow of capital into industry. On early in the day, until noon Tuesday, the House adjourned 22, as to which we qhote the following from the March Washington account, March 19, to the "Times": Unable to check the revolt in both parties against the tax bill, leaders summarily adjourned the House early this afternoon to prevent further emasculation of the measure. not "in a proper frame of mind to legislate." had declared the body was Leaders said they hoped for "return of reason" by them. a in time to forestall another vital thrust by The closing did not come will go to the Federal Treasury. creased revenue derived under this title Under the converted into losses in innumerable cases Adjournment was taken until Tuesday noon after Representative Crisp Mr. Crisp stated bill. The estate tax is to be doubled under the new Under practical a have shrunk so frightfully, in little, inasmuch as incomes fact, having been Estate Tax to Be Doubled. that the increase is From would take in the case of large incomes. standpoint these proposed inordinate tax rates counted for Saturday, March 19, to stave off the onslaught on the bill, $12,000. earned income for maximum of the Federal taxes of have to be added to the The earned income base would in addition to the individual income tax. In 78%, making altogether 88%% which the two governments been $4,000 to $8,000, increased from 3 to 4%, does. now State taxes aggregating 10%% would other words, the two y • New Income Tax Rates. Federal law rived from corporations as the opposition which struck out the "foreign credits" the The vote was 139 to 103. paid at foreign branches. The "regular" assault almost every Leaders could leaders not As uprising. the stop sales tax, the manufacturers' on provisions of the crediting domestic corporations with taxes This clause provided for bill. indirect an the opposition sought to amend section of the bill considered to-day. now agree until the sales tax that it is hopeless to go ahead provisions have been acted upon, and plan, therefore, to bring this ques tion to a Tuesday "in behalf of orderly procedure." test Having tasted blood yesterday, when the surtax rates were boosted to wartime levels and the higher brackets of normal income taxes increased, opponents of the sales tax started out thirstily for more to day. They and scoffed partly leaders their recognized openly flaunted comrades in the ranks who tried to exhort them to party at Time loyalty. and again debate was marked by personal attacks. Admissions Tax Broadened. The admissions tax under existing law is to be assessed. admission to Democratic ranks transfer of stocks from the This tax will not apply stock used for short present 2 cents a share rate to 4 cents a share. bonds, but will be invoked in the case of loans of taxed now. This Other special excise levies gallon is to be placed on lubricating oil, which is not is estimated to yield a revenue of $25,000,000. bill to become effective under the new cents a gallon on tax of 35 cents per gallon on ad valorem tax on grape concentrates, and a tax wort, which is used in the making three items latter are a estimated are will cents be empted from this title. oil and oil. crude The estimates Treasury from this source, according to Mr. Crisp, who said that during the hearings witnesses representing domestic oil interests provide additional revenue Consideration paign, to "soak claimed that such a tax would to the extent of bill quickly of the perhaps "stampede" or $40,000,000. developed into a cam¬ On March 18, instead of the the rich." it from the Ways came schedule contained in the bill and Means Committee, "which had proposed raising the surtaxes from a maximum of 20% incomes amount, or in 40% (also adopted by sums on of the normal taxes, 65% surtax make added 72% altogether. on first obliged which' it of At the same time the maximum which the Committee bill had proposed mum dividends the House 40% on maximum of 65% on in¬ 5% to 6%, was raised to 7%. to increase from corporation, the corporation is to pay the income tax was The maxi¬ 7% normal tax would But where the income is derived from stock of a the the to proposed to levied increase from corporations on 11%% to 13%. tative Doughton, House was no sales the of the In to case addition, be paid. of corporations and individuals, maximum amounts however, above there are the 6% as a income maximum in the case this latter having just been raised from $50,000. .3% Both to taxes doubled with 6%, this to apply have State allowing the individual no deduction State In New York these taxes are 4%% in to on be paid, to the incomes de¬ "foreign the leader handful of credits" amend¬ number—included Representative Boylan, adjournment. Represen¬ admitted Democratic revolt, the of the ... the that Representative La Guardia, head temper to legislate. state of this which precipitated tax, things, 24, by the overwhelming vote of 223 to 153 after Representative Crisp, as head of the Ways and Means Com¬ mittee, had eliminated visions of the House in addition to those previously ex¬ operation—all without avail as a means of allowed was long list of articles from the pro¬ a measure saving the sales tax On clause. to take on an alcohol, and, therefore, non-intoxicating. the amendment was as or other and tax of more than hereafter The full text of all non-intoxicating beer, lager on 2%% ol alcohol by weight, brewed or sold or removed for consumption or sale, by whatever name such liquor may be called, quantity or for the fractional part of a barrel; provided such articles shall contain no and provided further that conducted under Prohibition Act the to $5 per barrel, containing not more than 31 gallons, and at a like rate for any other that the similar non-intoxicating fermented lager contain¬ within the United States, a 25, amendment follows: "There shall be levied and collected beer, ale, porter ing H of 1% and not manufactured March Friday, vote a beer, that is, containing not more than 2%% legalize 2% permits and than more 2%% of alcohol by weight; the manufacture of any such to under article shall be be issued in accordance with the National such regulations as shall be promulgated by Secretary of the Treasury and the Attorney-General of the United States; and provided further that this provision shall be effective one month after the enactment of this Act." Here the question of prohibition eame in to play a nent 216 to 132. it This, it a of was estimated, would provide in the $300,000,000 of and reyenue, and the failure part of the bill left the whole measure in a state of reckless confusion with 000,000 of tax promi¬ part in the vote, and the proposition was rejected by to make taxes against produced legislative chaos, was defeated on Thursday, should mum. Crisp Republican opposition, likewise made no contrary move. The and in neighborhood by the Federal Government as the maxi¬ Mr. group—13 in Adding this to the 65% made 78% which it was proposed be levied with Mr. Crisp had smooth sailing in his move for on This amendment was adopted $5,000,000. vote of 153 to S7. a that double to in excess of $100,000) exceeding $100,000 to a in excess of comes $100,000 amendment raising the maximum from an incomes of excess of the country. for the good mild and too general for effect; it did not check the revolt. stood cluded from its would be the better word, of tihe income taxes and the surtaxes as a theories" only Tammany member on the floor. March gasoline o 1, yield of $5,000,000 duty of 1 cent is to be placed on all imported gasoline, A fuel the divided He reiterated his stand for the sales of the financial crisis: he appealed to individuals personal "economic this ments; costing more than 50 Wires used by newspapers would be ex¬ 10 cents. taxed to give House convened before the rallying point. a way out The rebellion had, in fact, reached such a point that only a of the of the bill. will be taxed at the rate of 5 cents, while messages abandon Democrats telegraph and radio messages costing from 31 to 49 cents Telephone, only Some of his aides thought his statement too of 5 of "home brew." These Excise taxes will to yield $50,000,000. become effective 15 days after enactment the as to provisions placed in the new bill, a tax of 4 cents Under the special excise malt syrup, a 40% tax at any rate, selling, which transaction is not taxable under the existing statutes. a Speaker Garner tried is only applicable charges of $3 or above. Provision is made for increasing the tax on the to Garner Fails to Check Revolt. all admission charges of 25 cents and over An admission tax of 10% on revenue which it had was nothing to offset the $595,- proposed to derive from the sales been the bill. unceremoniously v;' ■ , ■ voted of out • On Tuesday, March 22, the House adopted the Ramseyer. estate tax amendment to the revenue bill posing a 45% maximum tax on (H. R. 10236), im¬ all transfers of net estates monthly eeyiew above $10,000,000. from which The "United States Daily" of March imposes additional estate tax, and, an On the other hand, he had the satisfaction of seeing a number who had deserted him earlier in the week stand with him on this issue. An over¬ , whelming majority This replaces the Ways and Means Committee language of which 23, quote, added: we Section 401, according to its sponsor, Representative Ramseyer (Rep.), of Bloomfleld, Iowa, is expected to in¬ crease the estate tax revenue under the bill as it came from Committee. Once that vote who had The Committee bill provided that in addition to the estate tax Imposed by Section 301 (a), of the 1926 act, an additional tax equal to such tax is imposed upon transfer of the net estate of every decedent, resident or non-resident, after the enactment of the bill. It proposed to raise $35,- that section and proposing a graduated scale of taxes on net estates in excess of $500,000. Representative Ramseyer offered his amendment Lewis proposal. substitute for the as a the transfer of every decedent, resident or non-resident, a graduated scale of taxes ranging from 1% of value of net estates not in excess of $10,000 45% up to His amendment would apply hereafter, he said, on on estates It also makes the exemp¬ of $10,000,000 or more. tion In existing law $50,000, instead of $100,000 and none of the addi¬ tional taxes would go back to the States. It to Representative bring in about $500,000,000 of revenue annually but for the rest of the and $100,000,000. The taxes amounts -.rv: collects he said, the Federal Government approximately $130,000,000, of which about $102,000,000. back to the States. 80%, goes or ;:1; provided in his amendment, he said, inclusive of the are imposed under the present law but the 80% refund to the States applies only to old law extent, the additional revenue not being subject to rebate to the States. On in in fluxing was the House. in such that "We complete control, the movement degenerated into a scheme ing of bill raising sufficient a proper revenue "I trust that House there will Amendments far so be that as no amendments offered more for are proposed tariff amendments until continued vote against the bill himself. House to its senses, he said that would to have This appeared to bring the and Mr. Crisp succeeded in obtaining an adjournment until Tuesday, March 28. at this of One erecting new barriers. Chairman Crisp, in sheer desperation, got up and proceeding What happened the raising of given by York "Times." the, Washington correspondent of the New It to deserves be put in record here as evidence of the spirit of recklessness with which the whole movement was carried on. The rebels new against the started out to turn it into a Ways and Means Committee's program were checked when Representative Crisp, Acting Chairman of the La Quardia Backs moving appeal in which he declared that they a were destroying their party and making themselves ridiculous before the country. He told the House that if it proposed to turn the tax bill into general tariff legislation, then he was through, and would even vote against the whole protectionists can Later measure. were balance their The when he added that if Mr. going to pursue their own Snell and course the Republican of to-day, "then they budget." opponents or complaint earlier in the week no his bill to pieces; he tore obviously was disappointed, but expressed no grievance. But to-day Mr "Our battle is over," he said. us a virtue/ He could not stand by and see his party "wreck itself" by voting tariff Republicans had turned down, he said. Other Duties Are out a bill that will balance the leagues in the sales tax fight up They pleaded with the House not to budget. now I regret to point the House turned down in quick succession the pro¬ posed duty on fluorspar, an import tax on jute and jute products offered by Representative Fulmer, Democrat of South Carolina; duty of a a cent pound on manganese, proposed by Representative Knutson. Republican proceed in order and "consider calmly this revenue bill." pleaded with Mr. Crisp to invoke a a member of the Rules Committee, special rule and "bring order out of this chaos." Speeches five minutes for and against any specific amend¬ were cut to tax on voting was First the Parsons amendment for rapid. jute and jute products defeated by He wort. was proposal to throw out the tax on malt syrups and a voted down, 74 to 20. Representative Knutson's amendment for rejected, 85 to 56. ganese was began when Representative an Seiberling, Re¬ import tax, to place a made goods was was "I am going to And out whether this House is for Russia or America." discussion During run consideration much as of it would. the To tax provisions he had let the day he resorted time and again to After the tariff advocates had spent themselves, the House passed the lubricating oils, a tax of 35 cents for "home brew" manufacture and All these revenue to this a a These carried gallon on 40% tax a 4-cent excise tax on malt syrup and wort used to Mr. Crisp and his lieutenants at were a his levy on matches, tariff was He admitted that it intended was embargo against Russian matches, as an whether the House see America. or said to have been assured before it Representative Crisp was told that it hhd incorporated a provision for a duty of 10 cents was a a was "trade" [The House hundred pounds on coal and coke imports before the movement could be stopped.] The latter, at least, proved to be true. When voting time came Mr. saw many of his colleagues tellers to vote for the coal duty. on for Russia was •■ Representative Rankin of Mississippi shouted: "You can't get away with that kind of stuff in this House. You can't browbeat members of Congress by any such language." Crisp's Appeal Against Tariff Move. Sensing the impending tariff fight Mr. Crisp "Mr. Chairman, I think my country which the in a non-partisan President of the bill. revenue raise way to United say serve balance the budget which the States, and to make your temporary relief I have tried to revenue to Treasury and which ex-President Coolidge "Now, gentlemen, saying: arose, will all agree that I have shown no par¬ you tisanship in the consideration of this Secretary of the is essential for economic measures effective. a tariff bill? I grant you there is one item in the bill which is tariff—oil. I did not up are you going to convert this bill into there, but it is in there and, therefore, I cannot consistently get here and make points of order against these tariff amendments because I believe they are germane to the bill. are you going to write tariff bill here on this floor a "Here is the difference between this amendment and the oil amendment. The oil amendment will come in. was one This is cent, which will not be an embargo. embargo and is intended an as Some oil nothing else but an1 "The people representing this match industry came to me and stated that it was an They said they embargo. were the purpose of having million dollars market for matches. for Of course the a willing to eight pay or ten monopoly of the American they will raise the price to consumers. way to have it effective would be to have an embargo. "The unless it matches was an have to embargo. be opened when they the into come Custom • They said they didn't want it They have it in Canada, and it is an embargo! there. present tariff law, are you going to come in here now and write an embargo wrote the Smoot-Hawley the Democratic side pass between the of Russia, which the Republicans, when they tariff bill, would not do ? "What position are you going to leave yourselves in? will the Republicans leave themselves in who to try well face the issue. I am are What position opposed to an embargo? going to appeal to this House and help expedite the passage of this bill. We have brought It in here with no rule, for a liberal consideration, and that system is on trial. "The minority leader said—or it was so stated in the papers—that we a this way mistake in bringing the bill before you for you to consider it in instead of bringing it in under of considering a bill ? five minutes. If so, show your rule. a Now, do you character been so much debate, considered in I give notice now that I Congress and this debate is not going to Any one can present his views am on an again ask to be allowed "I took it this time in order to make amendment in going to invoke the rule that there shall be but five minutes speech for and against an I myself will not like this way appreciation by trying to expedite it. there been a bill of this there has change any votes. between the coal and oil interests and could not be stopped. Crisp graduated stamp tax, which in effect, would require that every package of matches be broken open and where Success of the coal the stamped by customs inspectors at the port of entry. "Never has designed to yield $8,000,000. Crisp Is Told of a Vote Trade. brought to the floor. when once, Mr. Seiberling, having gained the floor first, proposed made on grape concentrates. expected by their sponsors to raise $71,000,000 in new for the fiscal year 1933. The oil and coal tariffs were amendments were section; together they man¬ tariff a convict- overwhelmed, 91 to 27. apparent "We may just as the rules of the House to shut off debate and force the Issues. special excise tax sections of the bill. on on House opened, what they had to deal with. tariff against the products Later he withdrew the amendment. Mr. Crisp used a firm hand In conducting the proceedings on the tariff proposals. "embargo" "Now, you Democrats all over the country who have been criticizing the virtual embargo on Russian matches. he declared. cent-a-pound tax a The Christopherson amendment for butter went next, viva voce, and the Johnson on House, each package of matches stamped. tariffs viva voce vote. a Representative Schafer, Republican, of Wisconsin, broke the succession of tariff amendments with proposed by Mr. Johnson, Republican of Washington. toward duty on a Next the Fulmer proposal for a graduated was These representatives said The move col¬ my Representative Rainey, the Democratic leader, appealed to his followers to Minnesota; an import excise levy of 22 cents a pound on butter, offered by Representative Christopherson, Republican of South Dakota, and an embargo duty of 100% on imports produced by convict or indentured labor, of publican of Ohio, proposed, under the guise of of see some trying to stifle this bill with traiff pro¬ embargo. jeopardize the budget-balancing revenue bill with tariff provisions. a We've got to Ignore that under the guise that it is revenue? Rejected. Representative La Guardia of New York, who stirred the revolt against the sales tax. From that "In spite of the abuse being heaped upon visions." "But, gentlemen, To his support came Representative Hawley, co-author of the HawleySmoot tariff Act. and Up Crisp. have got to go straight down the line. we want it in Crisp declared that "patience has ceased to be rates that the most orthodox are abuse and stick by the Ways and Means Committee in its efforts to bring recovery Georgian had uttered little the sales tax germane of eliminating the 2.25% levy by loading the bill with tariff provisions. Ways and Means Committee, forced the Democrats back into line with own are Mr. La Guardia told the sales tax foes not to detract from the victory Encouraged by success with the coal and oil duties, they turned next to a tax of $3 a ton on Imported fluorspar, but that revenue of tariff. savor of this bill by changing it from its original purpose—that of bringing and reiterated that he intended to tariff measure. that proper, but they ought not to endanger by any means or in any way the It Saturday session is best described in the account it i I have any influence with the gentlemen of the fluorspar went down, 92 to 42. of recovery which is the thing extremely desired by the people. ment and kind Government money to meet expenditures will restore public credit and bring back economic customs barriers still higher or this Crisp took the reins and sought engaged in writing a revenue bill for the purpose of balancing are for gaining tariff favors of one kind or another by raising if Mr. stop the House from tinning his tax bill into a "log-rolling tariff measure." Representative Michener of Michigan, the other going were the budget of the United States Government; my belief is that the writ¬ , Saturday, March 26, with the legislative buccaneers member after Conferences Small groups were framing other amendments. situation a The House steel and aluminum. Members sought to cut off debate so they could uproar. final vote of 190 ayes to 149 present fiscal year of 1933 revenue between $70,000,000 Under the present estate tax, recognized for his proposal of a duty on was used back prosperity to the country." explained that his amendment would Ramseyer later the Smoot-Hawley included in products Mr. Hawley, in coming to his assistance, said; eliminating both the Committee provision and the Lewis proposal. nays, mineral an over passage Special Ruie Abandoned. The Ramseyer substitute was adopted by a a into all on Representative Lewis (Dem.), of Cumberland, Md., proposed an amend¬ 40% their put their own amendments up for consideration. ' up to members from every section of the country over, have Representative Parsons additional 20% maximum above $10,000,000. ment striking out the Republican side stood for the duty. on was to Act took amendments to the desk. went an failed fluorspar, Increases Proposed. 000,000 by c amendment, and more than five minutes. a general statement on the bill, and to ask you to help co-operate in expediting the passage of the bill." From the "Times" also we sentative Crisp in the House take the final speech of on Repre¬ March 26 pleading with the d MONTHLY REVIEW coalition majority not to into tariff bill a This Is done because I believed I was right. so witnessing put on, putting on embargoes, and then going out and criticizing the bill. I have tried to stem the tide. I realize Consistency, thou art a jewel. that I am had the majority of this House impotent; I realize that I have not me. to close debate, but patience ceases to be a virtue. Oh, gentlemen, what are you trying to do? Are you trying to balance I have a no But as I watched the vote yesterday afternoon by tellers on the I suspected what was going to happen to-day, and it has Without for You may adopt ail of these high-tariff amendments that but I want the country to know it, I hope the amendment vote of 235 to 160. a you desire to, * Crisp (011 March 26) placed a maximum surtax rate of 65% on incomes in excess It was effective on incomes over $100,000 on a graduated $5,000,000. By reversing itself the and Speaker of the House Garner, on March 29, for support of the tax bill by members of the of the House to effect the balancing budget were followed by the abandonment of the revolt which had House struck $17,000,000 off the total of its bill. again sustained the Ways and Means reversing itself the House so changes in corporation and transactions voted were the following day on surtax rates, by the House taxes stock on March 31, and on (April 1) a tax on dividends paid stocks was March on 31, the "United States Daily" of April 1 said: Estimated the increase to the As to adopted. yield from action of the House taxation by slightly less on the majority leaders for passage by the House on April 1. PRESIDENT ASKS THAT BUDGET BE BALANCED. of Hoover President pressed his confidence "that the undertaking of the repre¬ sentatives of both political parties to remains and will be fulfilled." "is the very keynote of re¬ (the budget balancing) covery," and he added, "it must be done." "For a clear view of the situation our people should understand that the debt during that year, of amendments view to its the following day. passage consisted, among other things, of adoption by the House providing the following additional taxes, with the amount that each is estimated to yield. Tax A tax of K of 1% on per per exchanges from 1 cent to 5 cents with an exemption of $100, estimated to yield $10,000,000, a tax of a share, to yield $13,000,000, 8% tax on the service charge for the trans¬ K of 1% on the sale price of bonds, with a minimum of 2 cents and shells, to yield $4,000,000; rearrangement of the mining depletion allowance, to jdeld $12,000,000. The House also adopted an amendment to prevent stock exchanges from abroad the evade to transfer stock tax. under gift tax rates as proposed by Representative They provided were a Mr. Ramseyer were acceptable to the Committee. tax of % of 1% on the first $10,000 over $50,000 and graduated upward to a 33K % tax on estates in excess of $10,000,000. These rates conform to those adopted by the House. The gift tax rates as adopted by additional revenue the House estimated to provide are obligations and the to recommit the bill with a view to amending it when the bill comes out of the Committee of the Whole House will be called for, House members have announced. Mr. Crisp has stated that he will demand a separate vote on the Swing Amendment increasing the maximum as surtax rate from 40% on incomes provided in the original bill, to 65% maximum on incomes in the surtaxes. He also has stated that he intends to offer a to which sum oil, gasoline and coal. Committee recommit the bill and only one motion for that purpose can be voted upon. will demand out a (Rep.), of Aberdeen, Dak., announced he S. of revenue pected the nearly be to Committee plans by reductions now would Approximately in Federal provide additional $243,000,000 expenditures, is ex¬ Under this plan the Treasury would changes in respect to postal matters. have approximately $31,000,000 above the estimated deficit for the present members.; " ~ House, provision stricken out however, adopted We should Navy cost about $700,000,000. Thus we must make our balance of $1,300,000,000 remaining economies in the postofflce, Out of $1,300,000,000 the many other vital services of the Government Every reduction that can be made without serious on. "Further economies be can and made I am confident will be made, through authority of the Congress to eliminate unnecessary functions of the Government and in postponement with businesslike reorganization and appropriation and of less essential activities, together co-ordination of Government activities. committees of the Congress are now economy But when all this is done the earnestly engaged on all three problems. that day on will restore Government revenues. "Economies in expenditures or increase in taxes alike sacrifices which are a receives without of manner workman, farmer and every business man far in excess of the cost of an budget." FEDERAL the EXPENDITURES. President month Hoover further cuts in Federal expenditures. March 8 bureaus or he declared further that "must be brought about by either by In a asked had for statement issued economies by Federal authorization of Con¬ of the reorganization change in the legal requirements the various services." IN FURTHER REDUCTION FOR PRESIDENT ARGUES in To continue to live on difficulty and in the meantime begets evils and dangers, which create costs and losses to every courageous action in balancing the Earlier The Govern¬ continue to expend more than it inviting serious consequences. new every can as Federal machinery to expenditures by The President noted that the House Appropriations Committee had reduced the amounts of bills thus far reported out by about $112,000,000. "In order," he said, "to meet the requirements of the Ways and Means * incorporate in the a families borrowed money only postpones the all call for sacrifices— part of the country's war on depression. ment no more than individual Committee On April 1 a move was defeated to again bill the sales tax of veterans and their families. strength of our defense. and about $30,000,000 Is planned by the leaders to be derived from administrative fiscal year, it was estimated by largely increase of payment on Government injury to these services and in justice to our people should be effected. gress, bill the $1,000,000,000. saved of $365,000,000 possible further only the net operations are included in these figures. be carried separate vote on the Doughton Amendment which struck the manufacturers' sales tax. Under of motion to recommit the bill given preference, under House rules, in offering a motion to Representative Johnson considering from the total of $4,100,000,000, together with THE with instructions to strike out the provisions agreed to by the Committee of the Whole to impose import taxes on are care further economies mainly out of this Opposes Import Taxes. members In year. balancing of the budget must in the main be accomplished by an increase Separate Votes Sought. $5,000,000, current "In addition our Army and not further reduce the in taxation, which Separate votes on several amendments already adopted and a motion of the inheritance of the great war through an The of $20,000,000. for expenditures we must not forget that of this total about in $2,100,000,000 is of such character that it cannot be reduced; it is must The House approved the total the economies as Ramseyer (Rep.), of Bloomfield, Iowa, in place of the Committee rates. The expenditures $4,100,000,000 after a reduction by the Administration this Gift Tax Rates Voted. The rates proposed by These deficiencies decrease in tax receipts. budgeted for the next fiscal year as sent to the Congress amounted to about portation of oil through pipe lines, to yield $15,000,000, 10% tax on fire¬ moving almost wholly due to governmental expenditures and by increases in taxation. the sale price of stocks, with a minimum of 4 cents $100, to yield $6,000,000, a tax of 50 cents on each $500 on real estate arms likewise calculated without reduction of the debt. year, This follows last year and a deficit of over $2,000,000,000 this "We must eliminate this deficit for next year by the further reduction of share, to yield $75,000,000, an increase of the tax on futures sales conveyances, further reduction of the national is estimated at about $1,250,000,000. deficit of $500,000,000 Market Sales. the grain, cotton, and other produce on a are on The President also Said: deficit for the next fiscal year, excluding a balance the budget According to the President the bill is practically completed with over Friday press conference on March 25 he ex¬ his regular the House remain in session continuously that night until the reading of The day's work deeply concerned was course happenings in Congress, and in a statement issued at these (Dem.) announced to the House March 31 that he proposed that Crisp amendment to subject to the normal dividends paid on stocks. tax rates income this Representative of its tax writing job to-day when it incor¬ porated in the new revenue bill an than $1,000,000,000 annually, the revenue bill (H. R. 10236) is scheduled by roll call vote on the Crisp Amend¬ bill, carrying levies on imported oil and coal. The House neared the end previously marked the course of the bill. (raising the rate from 2c. to 3c.) and making " After this action the House began a ment to the revenue In addition to the action of the House in adopting increased letter postage over scale. In Representative by maximum tax on incomes Amendment, adopted last week by an overwhelming vote, The Swing would have Committee. Appeals amendment returned to the bill a Ways and proposal for a 40% Committee $100,000. and I want your people to know it, will be rejected. - record vote, it retained the Ramseyer Amendment calling a 45% levy on estates. a Means of log-rolling tariff is making with embargo rates. been happening—a the House had refused again to incorporate a general by The action on the surtax budget deficiency caused by a Republican Administration? proof of it. , The vote came after bill, I shall myself vote against it. and struck from the Swing Amendment imposing the war-time surtaxes sales tax in the bill cerned, if these amendments and other things continue to be added to the oil proposition incomes. on reconsidered its previous action to-day House The the revenue bill going to express myself when I say to you that, so far as I am con¬ am / Press (April 1) likewise said: The Associated I have been long-suffering and patient and have not sought back of I rejected. was I am seeing my party destroy itself. I tariff rates than even the Republican party put on higher my $10,000 of income from dividends amendment to exempt the first An a demanded upon which the count was 180 to 105. teller vote was I have bared my breast to every I also love my party, and to-day am adopted by a standing vote of 133 to 90. but The amendment was I love my country and I have endeavored to shaft of criticism, and I have sad day for me. a her. serve $999,000,000 total announced last night. the from the Committee reduced its estimates $37,600,000 the revision Under let the revenue bill be converted follows: was as week ago. The to amendment that expenditures must be reduced 000,000 in order to balance the budget, it is further cuts he made." The whole of $125,that The President's statement follows: administrative the by necessary officials are co-operating with the subject dividends paid on stocks to the normal income tax special Economy Committee appointed by the House of Representatives in rates. the drive to bring about further Associated Press accounts had the following to say regarding that day's action: At present the dividends of stocks maximum The On normal income new the tax levy would expire basis of revised is on to $1,049,000,000. are taxable under the surtax. 7%. The , July 1 Ways and $88,000,000 item brought the total drastic economies in Federal expenditures. You will recollect that the budget sent to Congress, represented reduc¬ tions in expenditures for the next fiscal year of about $365,000,000 below 1934. Means thus - the present fiscal year. duced the amounts of bills The House Appropriations Committee ha9 so far reported cut by about $112,000,000. this, however, between $60,000,000 and $70,000,000 is Committee far placed in estimates the the revenue bill Congress meets next positive obligations December, when by deficiency bills. they will To this reductions do not help next year's expenditures. a re¬ Of deferment until be compelled extent, to meet therefore, ' the MONTHLY REVIEW "In order to meet the requirements of the Ways and Means that expenditures must be reduced Committee by $125,000,000 In order to balance idle dollars we must There is the little very House left for reductions by administrative action room Appropriations Committee has passed the major upon to do Further economies must be brought about by authorization requirements The as to Economy on Affairs and of between $50,000,000 $60,000,000 The a But all along the line. opportunity for all our people to participate an which this evening sounding a call traditions of in¬ are a to the mighty power of as call to service for the common good of our country, whole. a I gladly add my voice to this call to voluntary duty. I do it with more confidence because I have witnessed the most heartening exhibition of its patriotic here in the national capital. power In the campaign to divert placing before the Committee changes in is back into the channels of trade.' won call to protect the Individual home by means of assuring the safety of per annum. Postmaster-General Is the American people, proposed to the special House has Knox the nation changes in the laws relating to pensions some other allowances which would produce economies and legal expenditure by the various services. Director of Veterans' Committee of Congress, change in the or way have within the traditions of our country, so Colonel by reorganization of the Federal machinery we dividual effort, of courage, of energy, idealism and public spirit. supply bills except the Army and Navy. either finding their are continue until This movement affords the budget. It Is necessary that further cuts be made. and e idle dollars from their hiding The Secretary of places to channels through which they dan be brought back Agriculture has suggested changes in the law requiring expenditures in into circulation, Secretary of the Treasury Mills also drew the legal requirements the Post of Office expenditures. Department of Agriculture, and the other departments are engaged in preparation of similar drastic recommendations. "I believe the Committee ganization and such methods large I have mentioned, will be as able to find a of economy. area "Nothing is important than balancing the budget with the least Government should be in such position more increases in taxes. The Federal that it will need Issue the Economy, through administrative reor¬ on beginning of the public debt after securities which increase the no next fiscal year, July 1. That is vital to the still further promotion of employment and agriculture. It gives positive assurance to business and industry that the will keep out of the money market and allow industry Government and agriculture to borrow the moneys required for the conduct of business. I cannot over-emphasize the importance of the able non-partisan effort being made by the Ways and Means Committee and the Economy Com¬ mittee of the House, whose work are complementary to each PRESIDENT HOOVER ATTRACT RISK MONEY IN WORLD "BABY BONDS"—SAYS SAFEST FUTURE OF AMERICAN PEOPLE. THROUGH IS SHARE IN In a nation-wide radio message on Sunday night, March 6, President Hoover opened the anti-hoarding campaign dent to the offering of issue of 2% cates dences that "the hoarding of money has stopped," and that "some of these idle dollars the channels of trade." "until have we effort, and to "becomes measure finding their are "But all won interest no we back into continue," he added, must "To join in this along the line." said the President, respond to the appeal," of your way Mills stated certificates The details of this offering of 2% Treas¬ (issued in denominations of $50, $100 and given are "the holder of currency can obligation of the Government which pays an ury $500) new Through these certifi¬ obligation of the Government which bears an 2% interest." a on subsequent under the heading page "The March Financing of the United States Treasury." Sec¬ retary Mills's radio message of March 6 was made along that by President Hoover, President of the Reconstruction Brigadier-General Finance Dawes, Corporation, and Colonel Frank Knox, Chairman of the Citizens' Reconstruc¬ tion Finance PRESIDENT Corporation. REPORTED HOOVER HOARDING MONEY—NEW PRINCIPAL 2% Treasury certificates, in denomi¬ The President stated that there are evi¬ past 10 months." Secretary him inci¬ "from the active channels of trade during this Treasury certificates. substitute for nations of $50, $100 and $500, designed to attract moneys withdrawn radio message, Sunday night, March 6, to the a Treasury Department's action in making available a with TO CAMPAIGN ANTI-HOARDING OPENS other. attention, in AS SEEKING BANK NAMES TO Following 'a statement presented Hoover by Benjamin Schwartz, on SAID OF BANKS OFFENDERS. YORK BE ONE OF March 9 to President Director-General of the Institute of Scrap Iron and Steel, in which it was alleged that the scrap iron industry had been "particularly affected by the restrictive credit policies of the banks of the coun¬ try," Mr. Schwartz was represented as having said that the Chief Executive had been extremely interested in tion of the statement dealing with money the por¬ hoarding by banks. "The Mr. Hoover, it was stated, declared that "the Government American people," said the President, "have at this moment had provided ample funds by relief measures which included of one a the greatest opportunities in their history to show assured an faith in your country." confidence and active an faith in their own the creation of the Reconstruction destiny which is the destiny of the United States—and by ests. that faith ward the purpose that "Fighting forces in shall we win this great depression is a hundred battles a battle." on a a President The said with destructive war hundred fronts. We must needs fight as in ia great war; we must meet these destructive forces by mobilizing them. A our thoroughly resources non-partisan reconstruction is in progress. and our people against patriotic of program Finance Corporation to permit the banks to extend credit to small business inter¬ ' If the banks were not co-operating in carrying for¬ for which the program was advocated the President wanted to obtain the details," Mr. Schwartz said. "He failed to sought specific instances where banks had I intend to send give this aid. a list of banks to the Presi¬ Mr. Hoover indicated that he would study the matter dent. and determine the situation." The Government has exerted Incidentally it was noted in a Washington account, March itself to the utmost to give a sound, stable basis to the Treas¬ 5, to the New York "Times," that a report was persistent in to banking, to industry and to agriculture. ury, ernment alone cannot the inherent resources produce prosperity, but it The Gov¬ can and strength of the American liberate people. The people themselves must apply those resources and exert it clear to the that citizens, strength." He also said i Battle which from The time has now arrived for a new offensive rally in the spirit that has This made America great. The battlefront to-day is against the hoarding of currency, which began about ten months ago, and with its growing inten¬ sity became from national danger during the last four months. a It has sprung fears and apprehensions largely causes which now no the reflex of foreign and domestic longer maintain. But it had grown to enormous dimensions and had contributed greatly to restrict the credit facilities of country, and thus directly to increase unemployment and depreciate prices to our farmers. our I believe that the individual American has not realized the harm he has done when he hoards even a single dollar away from circulation. He has not realized that his dollar compels the bank to withdraw many times that amount of credit from the use of borrowers. These borrowers are the local merchants, the local manufacturers, the local borrowings cost of are the money they use to buy goods, to farmers, and their pay wages and the keeping their business going. One hoarded dollar deprives some wage earner of at least his pay. Multiply this simple example by nearly a billion and a part of half of dollars of idle money now hidden in the country and you may get some¬ where near a true picture of the enemy of our national security that No farmers. one in the country to-day could be brought into active be a sums from the active sums at of money which have been with¬ channels of trade during this past ten months. They have summoned the leadership of thousands of public-spirited and women. Already men - have evidences of the progress of these efforts and that the hoarding of money has stopped. The tide has turned and some of these we of an important element in the Ad¬ of Congress. other relief measures provided in the Glass-Steagall law, and by the Re¬ highest It is known that the President himself finds it rather difficult to understand the attitude of any bank which, in a time of economic distress such as refuses the Nation is passing through fails now and safeguarding provisions of avail itself of the credit to or the Glass-Steagall and Reconstruction Finance Corporation Acts. The of particular institutions on which the Administration places names the stigma of hoarding are officials. —one It can of the most powerful in one fact, it the country—is mentioned as the worst The liquid assets of this bank are to-day estimated When prosperity was at to confidentially mentioned daily by Government a New York bank be said on the highest authority that at 85%. its peak, these liquid asset® were 35%, according official, and at that time this bank "boasted" that such was the P. was declared. MORGAN BROADCASTS CREATED DITIONS of the Block {appealing in a radio THROUGH rule against P. DRIVE TO by the BLOCK CON¬ interviews and speaking for on in New York by March 23 for the support of organization in its efforts to relieve the through unemployment. Mr. speech, the first to be broadcast by him, mitted BY RELIEVE UNEMPLOYMENT. Organization radio message arising OF FORMED Morgan consented to aid the campaign Community the drive of the distress SUPPORT IN ORGANIZATION COMMUNITY Breaking his under the leadership of Colonel Knox, is seeking the support of every voluntary organization and every individual in the country to bring out of hoarding these great among them The dispatch construction Finance Corporation, is the opinion of some of the publication, J. my request, drawn banks, the country. generally are not taking advantage of the credit and officials in the Government. circulation, there would Organization, which has been formed the The same report was current in the cloak rooms of money hoarded Citizens' Reconstruction Organization. Reconstruction be the opinion to the banks That great lift to the whole of our economic progress. The Citizens' broadcasting quote also said: we known and office buildings increases unemployment and sorely afflicts will deny that if the vast they include many most powerful in ministration personnel. J. It strangles our daily life, in we vaguely call "hoarding." our is offender. some Hoover, country that not all the hoarders are plain that but of the some Against Hoarding of Money. President that Washington opening of the "baby bond" campaign [on March 6], or pos¬ sibly at some later time [there was no reference to the matter in the radio address referred to.—Ed.] would make National Broadcasting Co., WJZ and WHAM, between 8 and 8:15 p. m. Morgan's was over trans¬ stations Mr. Morgan, his home oil Madison Avenue, pointed out who spoke from is on a volunteer basis, and that "the whole organization for exists single purpose of discovering and relieving the "We have reached a point Mr. Morgan also said: want." governments or the gifts of individuals, no where the aid of insufficient to meet the conditions matter how generous, are So we must all do our bit. which have come upon us. . . . hope—and I fully expect that hope will be great block-aid organization, starting It is my earnest this realized—that will prove in large measure to be its work next Monday, on REVIEW MONTHLY f it is of smaller lems confronting the railroads shows that bblieved dimensions than has been generally or Teported." requirements of the more important roads," said the "The President, "in meeting interest and renewal of their matur¬ meeting their other obligations during ing securities, and in $300,000,000 to $400,000,000." 1932 will be from "Of this amount," the President said, "the Railway Credit Corpora¬ provide a minimum of from $50,000,000 to $60,- tion will 000,000, and it is assumed that many bank loans will be Therefore, recourse to the continued in the normal way. the much-desired solution of the most pressing problem of Reconstruction Corporation by the railroads will be much our country to-day." less than was originally thought, and even the mentioned diminished by revival of the bond market amounts would be ANTI-HOARDING SAYS HOOVER PRESIDENT BROUGHT ALREADY HAS CAMPAIGN placing of bond renewals in normal fashion." and the RESULTS. difference of opinion existed in the Intimating that a 11 President Hoover announced, according to On March the Associated Press, that the anti-hoarding campaign was in 2,395 communities and had shown positive active now bringing money back into circulation, and useful results in part: General Dawes, President of the chairmanship of Col. Frank Knox has now been extended by the organiza¬ tion to 2,395 communities. Additional communities are being organized each day under the leader¬ The press of the country has patriotically literally millions of dollars in advertising and reading space, ship of eminent men and women. contributed believes that at least one-half the burden should be carried by the Board, holding the obligations. To reconcile these co-ordinate railroad financing by the Government was institutions banking divergent views and business before the conference. said to have been the Action . materially aiding the effort. The campaign reflected in the increase of currency returned to circulation, the increase deposits and the purchase of Government certificates from money of bank which has hitherto been in hoarding. returned to circulation in all sections of In fact, hoarded money is being Our people are realizing the moral responsibility involved the country. and The whole effort is patriotic service which they may render. the definitely contributing to the dissipation of fear and apprehension and the to of confidence. restoration The campaign is set I hope that the committees already only beginning. and his respective communities is returned to work and that Col. Knox organization will be supported by the extension of their work into every community Their work just has aid and employment where hoarding has taken place. final objective—that is, the restoration of organized at not one asking the Reconstruction Finance Corporation to speed action are applications for loans which have been pending since the organization of its Board and final action on which, for one reason or another, has been To date the loans to the roads aggregate about $48,000,000, but deferred. applications now pending are believed to total a much greater sum than this. The conference came about as the result of a call on Mr. Hoover by General W. Atterbury, President of the Pennsylvania RR. W. reappeared and with he General Atterbury, it was disclosed, had gone at the request of the Presi¬ Transportation Building and extended his name and invitation to all members of the maintained month tention Committee to meet at the White House for a heart- Those who responded were: of known the made At Board. Reserve by March, on Corporation in all directions. 1 by Eugene Governor and the the during Its time same the Alfred P. Thorn, General for of E. bentures the open Corporation market. officials were represented as somewhat surprised at'a decision of AttorneyMitchell General the that Agricultural' Department entitled to 10% of the proceeds of debenture sales. $50,000,000 been believed that only was was It had capital stock subscriptions until it had borrowed In other words, it could now float debentures amounting to $450,000,000 on the basis of $150,000,000 worth of capital stock up the legal limit on capital stock paid in. to which the Treasury had President Hoover announced on March 25 that the "Sun" A', added: A total of 587 banks and trust companies have The average loan to of the carriers' indebtedness owed them in return for a an average received $126,849,073. A representative of the loan associations with the A total of 13 carriers has been average RAILROAD land banks have received $775,000 REQUIREMENTS IN 1932 $400,000,000—RECONSTRUCTION SUPPLY PART OF of the committee, there which method should be followed. Uppermost in the minds of the railroad executives, it was said, was that loans from Finance Corporation Reconstruction the needed to prevent receiverships should not be delayed because of a difference of opinion among the directors of the General Dawes is believed to feel that Corporation. banks should be left free to provide that their should reserves be not credit for reconstruction purposes and partly depleted by carrying the even Dawes Talks to Executives. General Dawes did not attend the conference. with several railroad Presidents BETWEEN FINANCE as which require immediate support the White House conference bring about confronting the carriers from the Board. General Dawes said had dealt with several phases of the railroads' problems, including loans. to But afterward he conferred to the situation It was desired by the President, he "co-ordination between the Mr. Meyer denied that there loan policy. was any He declared that there as to whether difference in the Board as to its was no truth in the report that the it should grant only half Secretary Mills, Who also is a of the loans member of the Board, insisted that the reports of differences within the Board were unfounded. question as to been brought He said that the whether private banks should aid the railroads in meeting their maturing obligations and in their up in a definite way at reconstruction program had never the Board's meeting. Suggestion Made by the Inter-State Commerce Commission. TO The suggestion that banks carry half was an examiner of the first made in a letter from to the Secretary Inter-State Commerce Commission and Treasurer of the Missouri Pacific RR., the latter having with Hoover on March 18 and 19 railway executives and members of the Reconstruction Finance mission Corporation and the Inter-State Commerce Com¬ brought 'a statement from the President on March 19 in which he said that "examination of the financial the sought by the railroads and permit the banks to carry the other half of AND $300,000,000 CORPORATION FUNDS. Conferences had by President and railroads Government." the railroads' present financial burden. loan being $3,613,504. and three mortgage loan companies have received $1,362,000. In addition to $50,000,000 turned over to the Secretary of Agriculture for agricultut&jl loans, the Corporation has loaned $292,084 to one live stock credit association. Two joint stock contentions by any of them as to Board was divided of $443,461. Railroads have received $46,975,557. assisted, carriers said to-night that while this question was discussed with the President by several members said, banks and trust companies totaled $216,162. loan per company corresponding amount provided by the Corporation. that totaling 18 have received $2,917,900, an average of $162,055 per association. A total of 13 insurance companies have received loans of $5,765,000, or Building and Co. E, Williamson, President New York Central Lines. 4.25 and lasted one hour and five minutes. . . . There is a difference of opinion on the subject among the rail executives also, some believing that the Corporation should provide the full amount of the loan requested, others holding that the banks should carry one-half The conference began at Recon¬ had loaned a total of $234,- Associated Press accounts to the New York 981,714. Milwaukee St. Paul & Pac. RR. Co. financial necessities of the railroads. bought. struction Finance Corporation York New Haven & Hartford RR. Co. F. Corporation explained that it would not ask for 'ad¬ ditional System. George M. Shriver, Senior Vice-President Baltimore <fc Ohio RR. were no the Gray, President Union Pacific System. McDonald, Vice-Chairman Executive Committee Southern Pac.Co. H. A. Scandrett, President Chicago authorized the De¬ In announcing the debenture issue partment under the law. Pacific Ry. Co. Senior Vice-President Missouri Pacific Lines. J. J. Pelley, President New the being & Nashville RR. Co. Fairfax Harrison, President Southern Ry. A. D. indicated that the de¬ the Treasury instead of sold to be would in offered Finance Corporation, Durham Jr., M. Carl R. Department would receive the Co. Charles Donnelly, President Northern was Meyer of the Federal Reserve Board and Chairman of Board RR. W. R. Cole, President Louisville 10% of the contem¬ plated issue for additional seed loans. Governor Eugene ture that his Pennsylvania RR. Co. Chespeake & Ohio Ry. Co. Buckland, Chairman of the Board, New York New Haven & Hart- E. G. of the Department of Agricul¬ Secretary Hyde Counsel, Association of Railway Executives. W. W. Atterbury, President J. J. Bernet, President Federal announcement of Railway Executives. in¬ Chair¬ Meyer, of Aishton, Chairman Executive Committee, Association R. H. date $250,000,000 debentures eiarly an CORPORATION. FINANCE Corporation activities its at issue to made was Finance Reconstruction The man RECONSTRUCTION THE OF Executives, which happened to to-day.: be meeting here to-heart talk with Mr. Hoover. ACTIVITIES But half an hour later call. him were the other members of the Advisory Committee of the Association of Railway dent to the He was short time, and when he departed he indicated his visit was just another "courtesy" that present agriculture. to heard in the Capital to-night is that the on with the President only a will continue until the last dollar that has been hoarded in their up roads Loans Is Lrged. on Other unofficial information produced positive and useful results, as already has the railroads need in order to meet their maturing On the other hand, it is said that Eugene Meyer, Chairman of obligations. the Reconstruction Finance Corporation, is take the position that the Corporation should carry maximum of loans which the Citizens' Reconstruction Organization under the The campaign of the 18, to the New York "Times" said ington dispatch, March in understood to The President's statement said: making loans to the railroads, a Wash¬ ration could go in increasing bank deposits and swelling the sales of Govern¬ ment bonds. Reconstruction Finance Corpo¬ directorate as to how far the prob¬ the Commission for tion. It was approval of suggested that a banking firm of J. P. Morgan & Co. to ascertain whether the bankers would be willing to carry half of the carrier's a time as the indebtedness to it for as long Reconstruction Finance Corporation sponding amount. applied to loan of $23,250,000 from the Corpora¬ representative of the road approach the a might carry a corre¬ MONTHLY REVIEW The amount of the indebtedness to the bankers had been followed and that the bankers unwilling to agree to such a Alleghany Corp. Interstate from At Chesapeake & Ohio Railway to Sweringe© frowned upon on Commerce Commission, according /to accounts be may of necessary The condition that was security for notes to be used in connection with the purchase of or payment "stock of other company or of any person, for evidence of indebtedness of any any other company or any partnership, or association," unless such pledge is hereafter specifically authorized by the Commission. of the new notes in A brief memorandum of the Commis¬ $3,950,658. made public on the date of its report, March 11, but the text was nO)t made public until to-day. Referring to the issue of notes for the purchase of the stock, it says: "The record fails to show whether the applicant intends to use as lateral for the foregoing notes any of the bonds which it is ity to pledge. col¬ asking author¬ public interest and under existing conditions we think it is proper to require keeping railway properties otherwise of connection with the provision of funds in operation, meeting fixed charges and maintaining credit and that the authorization granted herein should be restricted accordingly. It is our view that it was not the intent Congress, in exempting short-term notes to a limited extent from the power, short-term financing by borrowing for to the germane maintenance other than those strictly purposes and operation THE HOUSE ALSO PROVIDE A FUND BANKS HUGE WITH OFFERS NATIONAL FOR of their properties in inter- State commerce." NATIONAL CREDIT CORPORATION TO REPAY SUBSCRIBING BANKS— 15% PAYMENT MARCH 28 AND 10% APRIL 11. On March 8 the daily tion suggestion on that day when Representative Steagall Alabama, Chairman of the Banking land Currency Com¬ mittee, introduced a bill to create a fund of $517,000,000 with to guarantee deposits in instance the President of but non-rediscounta ble collateral, repay on March 28 to subscribing banks paid by such institutions for it was learned on for the intended to 15% of the funds renewable gold notes, one year March 22. arranged On April 1 notice was issued repayment of another .10% April 11. on GLASS BANKING BILL INTRODUCED IN SENATE IN REVISED FORMAMENDS FEDERAL RESERVE AND NATIONAL BANKING LAWS. In revised form, the bill of Senator Carter Olass, duced in the Senate Senate March 17, following its revision by a Sub-Commit¬ on tee of the the Senate Banking !and Currency Committee. original bill the places severe revised measure, it Like pointed out, was restrictions npon the use of Federal Reserve credit for collateral loans, creates a liquidating corporation to take over the assets of closed banks, m'akes intro¬ Jan. 21, was again presented to the on drastic restrictions defines affiliates and branch upon banking. While stating that the new bill follows generally the lines of the original bill, it was noted that changes have been made, several rather important during the prolonged however, study which has been made by the subcommittee. standing features of the in a Washington "Journal 1. bill new dispatch, were 2. 17, March to the The out¬ as follows New York Prohibition against the making of loans for the account of others (1) By transferring $167,000,000 from the States Treasury. banks had no banking This amount, Mr. Steagall said, had been 4. Restoration of surplus of Reserve banks distributing earnings contemplated in 5. the Reserve Board to are 6. as of Dec. 31 require cease a last before amendment. Penalty clause, proposing withdrawal of 15-day borrowiug sory notes, modified so as to or new previous order from a on promis¬ Reserve bank increasing security loans while Reserve funds being borrowed. Existing requirements for member banks variously located of restoring over a period of five years reserves formerly reserve altered to the extent required supporting time deposits. 7. Liquidating corporation to be set under this bill to be given au¬ thority proposed in Thom^s-Beedy closed bank bill to issue debentures in amount fbur.times its up capital, if desired. 8. A minimum capital of $100,000 to (3) 9. of a of obtaining an additional $70,000,000 by the same process after the Board to function. commences added, to create was 'a The Steagall measure proposed, it "Federal bank liquidating board," composed of the Secretary of the Treasury, Comptroller of the Currency and three members appointed by the Presi¬ assess member banks an additional $100,000,000 annually after the first 12 months, institutions. are have 'any member bank, the Currency as insolvent, of Federal Reserve bank has System be returned to the member banks. at not over off all depositors in installments, the final payment cent, per to strengthen crippled necessary The Board would take be made 20 months after the to more come than 10c. for each to the situation collapsed. Fifty earnings would net Authority to "tax" checks $100 would be allowed. where, so far "We National banks as concerned, people will not longer trust them," Mr. Stea¬ are gall told the House. "Millions afraid. are This did not just happen. It was brought about in part by conditions could foretell, also by unwise, unfriendly and unjusti¬ no one fied strangling have been turned processes that by the on law, and by the Administration, and by the Federal Reserve banks. The money Federal Reserve Act did for the Reserve banks. Treasury $167,000,000 no business to as intend not to franchise tax, a tax they had a The Federal Reserve surplus pay. make But they have paid into the now is $275,060,000." Mr. Steagall said it putting their to obtain funds, in mind and was idle to talk to the people about in banks where the banks would not money trust one another. Any banker who even specific date a on to another bank goes for 30 days, with specific purpose a which it is to be returned, ,&e said, is confronted with a demand that he put up three, U>ur or five times the amount he desires to borrow, in securi¬ He referred to a member of the Reconstruction Finance Corporation urging the people to trust the banks but that same man before comes "when an applicant for that board will five times the amount loaned sound and bank." adequate before an emergency be demanding from in collateral lie will loan loan three to security that is a dollar to that "Yet," Mr. Steagall added, "we talk to the citizen¬ ship of the country about placing their money into banks to prevent hoarding. of the country are The truth of the matter is the banks doing the hoarding. tion where they cannot be blamed. them to do. AS PROVIDED ESTIMATED LUTION TO in a situa¬ IN AT BINGHAM BETWEEN time like this." RECOMMENDS THAT BILL BE FORCE $347,000,000 CONTROL BACK CONSIDERATION TO THE 4% BEER LEGALIZED—TAX YIELD MINORITY REPORT DISAGREES—HOUSE existing bank $25,000. are They dare not turn their money and liquid REPORT OF SENATE SUBCOMMITTEE be required of banks in future They It is all th'at is left for assets over to business purposes at a In "very exceptional cases" the new bill would permit establishment branch bank across an adjacent State line, but not further AND VOTES FOR $800,000,000— DOWN TURNING A RESO¬ LIQUOR STATES. away than 50 miles. No bank with less than $500,000 capital would be permitted branches outside of its own domicile. 10. There member (2) Adding Assessing member banks $130,000,000 in ratio to their deposits, with the provision seeking national charters, except when in towns of not exceeding 6,000 inhabitants, their -capital to be $50,000, and if formed to take over the business of any franchise tax when the as a to make such piayments. reason $275,000,000. 1 3. Removal of recalcitrant executives from their banking positions when complaint is made against "bad banking" methods provided for. man¬ United $130,000,000 from the Federal Reserve System surplus of the ( Compulsory banking by incorporated firms in recognized institutions omitted. Guaranty the Federal Re¬ System," and would be created in the following serve ner: ties. of Commerce": collateral security withdrawn. on indicated Reserve member the "Federal as Fund for Depositors in Member Banks of and pay at Hoover to make advances to banks throughout the country sound Federal The fund would be known House on contained dispatches from of provided such funds Corporation, the so-called "bankers' October DEPOSITS- cratic leaders of the House had taken another Administra¬ certified by the Comptroller of last AMENDING LAWS—WOULD GUARANTEEING papers pool," organized under the leadership of New York Clearing banks FOR HOARDING. dent, which would be authorized to The National Credit BILL BANKING Washington, dated the day before, s'aying that the Demo¬ that carriers should restrict their freedom of action in regulatory OF paid by Federal Reserve banks The conservation of the credit of carriers is a matter of that bonds issued be used only in to objections, sharply deflationary. hanks. York Chicago & St. Louis stock, for which it issued last month one-year was any stated a bill considerable opposition the CHARGES which Marquette stock, 216,000 shares of Erie stock and 167,300 shares of New notes to the amount of on different provisions developed, the AND Commission was Chesapeake & Ohio from the Alleghany Corp. of 46,200 shares of Pere sion's action holding by years. RESERVE paying for the purchase by the The text of the report shows that the purpose of the to prevent the use or Ohio to pledge so part of the bonds shall be pledged as no period of FEDERAL and not for the collateral security for $9,000,000 as the purchasing CONGRESSMAN STEAGALL OF THE BANKING AND CURRENCY COM- issue of $28,142,000 of refunding and an prohibition against hearings MITTEE of short-term notes. for was acquiring securities of other railroads, in the report made public improvement mortgage 4J4% bonds any it that under existing conditions rail¬ conditionally authorizing the Chesapeake & as the March 17 by the road credit should be used for strictly railroad purposes, to-day, the a however, being centered mainly around the contention tbat Washington, which said: purpose of and dividend for many of its A declaration by the Commission much balances national bank the obligations of any corporation not having earned called." off the hands of the Van was they are proposition and believe that the notes Use of the credit of the stocks suggestion "have indicated tbat be paid on April 1 1932, as of which date they have been take railroad Repre¬ $11,700,000. was sentatives of the road advised the Commission later that the g is bank removed offering from the orignal compensation for bill prohibition against any maintenance of checking the A report recommending the sale and manufacture of 4% beer, as provided in a bill (sponsored by Senator Bingham)" amending the Volstead Act, was filed on March 19 with the h MONTHLY Committee Senate members of of member (Republican) of West Virginia, also filed subcommittee, the minority a report, report of the majority of the com¬ which declared that "the responsive to the evidence brought forth at mittee is not Senator Hatfield is also quoted as follows: hearings." which would satisfy neither There is no reason for a change in the law, the of subcommittee of the Manufacturers' Commit¬ a Senator Hatfield tee. the Metcalf Messrs. Metcalf and Bulkley constitute the majority Ohio. a Senators fry Manufactures on of Rhode Island and Bulkley (Democrat) (Republican) of the Eighteenth Amendment, which opponents nor the supporters REVIEW 1933 as difficulties, and which would divert a large share of the purchasing of the people from the products of essential industries to that of a power non-essential, with the result that economic recovery would be retarded rather than Estonian the of to the in Sweden, of majority report of Senators Metcalf and Bulkley Washington account to quote the following from the Commerce": the New York "Journal of considered unemployment, ma¬ terially assist agriculture, and national finances, whether the bill would and materially crime, decrease decrease operation and whether 4% beer would be considered in¬ be practical in /-."''v': toxicating. v';/' " '/ • ■. strongly affirmative, it is recited, and in connection with the last, "doctors and ' in response to all save the last question were The findings scientists testified that healthful deleterious effect." stimulant , and virtually with food wholesome a no Legalization of such a brew would provide a market for between 60,000,120,000,000 bushels of barley a year, says the majority report, 000 and of beer following its legaliza¬ and continues: "The minimum consumption tion would be not less than 70,000,000 barrels, and the not less than maximum probably 120,000,000 barrels. pint bottle, would be not less "The tax yield, figured on a basis of 2c. a With a much higher tax of 4c. per pint (or nearly $10 a barrel, compared with $6 in 1919), the minimum yield would be not less than $650,000,000, with a than $347,000,000 and probably not more than maximum possibility of $800,000,000. $1,100,000,000." Paris his other hand, Representatives, of House the on March 14, by a vote of action blocs posal for r force to Beck-Linthicum pro¬ the on amendment of the Constitution turning liquor an control back to the States. OF KREUGER—WORLD-WIDE IVAR GEORGE OF to contend with in the suicide which in in ill also was perceive with which Mon¬ on suffered !a breaks occurring in all the securities Kreuger associated been has name dealt in in the New York market, are he quick to was and implications, the stock market, as a result, severe the which Stock Exchange and though involved, more and particu¬ The Swedish financier His interests issues bond of the over world, Match which Co. were wholly apart all-embracing their from Sweden; and the sudden development of this character in weak spot in new International the The Kreuger enterprises had ramifications all placed here. world 'affairs naturally had a very de¬ pressing influence, with the result that leaders in business and financial circles ill results astrous in follow. to in outcome recalled attended and sorts of what a train of dis¬ followed the collapse of the Kreditanstalt, the largest private year Austria, and this of inclined to conjure up all They consequences May last bank were new the outcropping of disaster in another they were apprehensive as to As it happened, -too, the news of the death part of Europe. by his own hand of George Eastman of photographic fame involved there for the such the wrere but act, the commanding a itself occasion for And a no In this chse gloom. financial involvements to account passing out sudden in figure Mr. of with business cription. to wTas feeling of despondency and depression. Eastman's been such an W. was G. a the Eastman on every the des¬ was had been s'aid, in explanation, that the reduction in He added that there the amounts to Mr. and unmarried. $400,000,000 the which in Company. More turn Match subsidiaries of the 220 additional than Swedish the International Match the owns Kreuger & Toll Company operate in all parts of the world, in and banking, as iron paper and production and ore Match manufacturing was the most important monopolies activity, loans in for change factories, chemical real estate. single activities diversified such mills, pulp having obtained been in ex¬ Lithuania, Latvia, Estonia, Poland, Yugoslavia, Rumania, Greece, Ecuador, Peru, Danzig and special while France and regret made with were in of Mr. York New for the expressing deep statement "During Kreuger. of his visit -to America he was ill and seemed of "He recovered a death the sudden the verge on issued companies, over bankers Co., & Higginson Lee, Kreuger also agreements Germany. a nervous breakdown," the statement said. sufficiently to permit his departure for Paris, He had loan negotiations with us during no visit, but his review to us his of the financial position of his companies appeared satisfactory, considering the condition international of Match difficulties the and trade transfer throughout Co., in Stockholm, issued exchange of Officials of the Swedish the world." statement the same day a attributing the death by suicide of Ivar Kreuger to "the superhuman burden of work which he had borne during the and which resulted, while he was in New last few months, York, in business In of sessions to extend Mr. alarmed his held Parliament, over the the Government passed authorizing brief moratorium to business interests in Swe¬ a Acting Toll Swedish the were this legislation, the Cabinet decided early on to grant this privilege to the Kreuger Monday (March 14) & much colleagues." week-end, laws den. which breakdown nervous a Co. and three to affiliated smaller to concerns, Kreuger's heirs and ,to four of his business associates, "The moratorium scheme bad including Krister Littorin. been before prepared dispatch ment, to it the Mr. as country result a express basically New York -the occurrence, Monday view sound," quite the "Herald Tribune" Stockholm Stockholm Govern¬ and all banks morning. in the "Stockholm Kreuger companies dispatch of Monday to the said. Exchange "Their difficulties are the form of loans to Ger¬ European States." Stock a The Kreuger's death as a the that a caused chiefly by frozen assets in many and other said. No banking difficulties were looked the business resumed financiers are of Mr. regarded "national catastrophe." for "Times" York New added, was Kreuger's death," It was announced that would close until further notice, this action being taken, dispatches said, to prevent any panicky liquidation of Kreuger issues. announced, however, late Tuesday, trading on PAYMENT A decision w!as (March 15) to resume the Stockholm Exchange Monday, March 21. OF $2,000,000,000 SOLDIER BONUS ADVOCATED ' REPRESENTATIVE BY PATMAN. obliged to dropped because current earnings justify its payment. a result of a through controls organization Company, Declaring that "balance the budget its stock for the first time since would be character and company did not appear to also in common Stuber, the President of the company, then early in February) extra dividend of recently, as 52 years old, was controlled were This concern. great diminution of its income that extent had death, undertakings suffering omit the extra dividend 1005. world Co., the stock of which broke badly on the announce¬ ment and existence of of the industrial there readily came to mind the fact that Kodak (it further community in apparently out only Kreuger & Toll Company, which is a holding and financing larly Kreuger & Toll shares, altody selling at very low figures, Kreuger & Toll 5% bonds, and likewise the different made suicide-was the of Discovery March 4. , serious reverse a March 12 of Iv'ar Kreuger, become Our health. 14, collapse, on had he significance its day, March new world had evidently because of the financial head of Kreuger & Toll, difficulties FAME. OF PHOTOGRAPHIC EASTMAN business and financial The SUICIDE RAMIFICATIONS—DEATH being given the news apartment, the latter part THE KREUGER & TOLL COLLAPSE AS THE RESULT OF THE Government for the extension Kreuger's failure to keep business appointments in Paris. 227 to 187, rejected the proposal of the wet Exchange while arrange¬ being, time important stock exchanges in the world had closed. Turkey, the On occurrence private debts, if such should prove neces¬ on beverage containing alcohol in such high dilu¬ a tions would not intoxicate, but that in general it would serve as a the Mr. Kreuger shot himself late Saturday afternoon, sary. after all following angles: Whether or not adoption of the bill would promote tem¬ ramifications with Sweden In ments were announced by the in head¬ with aggregate capital national calamity, the Stock a closing for the Stockholm in recites that the question was attacked from the The majority report perance $1,000,000,000. than more promoted. As to the organization that extended into all countries and was his Kreuger built up an imposing Mr. financial and From ultimate consequences. as quarters industrial associate of Ivar monopoly and match also taken his life was calculated to renew Kreuger, had f^ars that M. Margus, director (March 17) land, on Thursday, of moratoria we As to the the news which came from Helsingfors, Fin¬ consequences, would be of doubtful Constitutional validity, that would add to enforce¬ ment dividends to employees for 1932. wage import to be attached to the Kreuger 'act, and the possible be paid in of the nation" is of Texarkana, a or impair the credit fallacy, Representative Patman (Dem.), Tex., advocated payment in a written statement March 26 of the $2,200,000,000 remaining due 3,660,000 World War veterans by issuance of United States notes. According to the "United States Daily" Speaker 1 MONTHLY REVIEW Garner his (Dem.), of Uvalde, Tex., said understanding mittee of the House would begin proposition The as "Daily" soon as gave as the same date that on Com¬ that the Ways and Means was hearings this bonus on bill. follows Mr. Patman's statement of the House disposed of the tax The President and the Secretary of the Treasury know what will restore business conditions, but they are not favorable to the plan because it is alleged to be against the interest of the ultra-rich. charge of our currency The failure of the bond-holding class, who have system, to permit the use of the idle gold in the Treasury is the cause of our troubles. moted by such a move. values will rise. velocity and commodity price for their products; they Farmers will get a better and this wiU give them pin-chasing power; power factories will supply their needs which will put There is one way that the currency can labor to work. be inflated by placing money in paying a dole or bonus but every nook and corner of America, without by 3,660,000 veterans of the World The remainder of $2,200,000,000 due their adjusted service certificates can annual than $112,000,000 until 1945 in payment of more addition to abolishing a be paid without a bond issue, additional interest charges and save the without increasipg taxes, without Government Government Bureau which will save the people tens of millions of dollars. of the remainder due a veteran who has interest paid If not paid now, practically all his certificate will be consumed by compound on The veterans and the country banks and the Government. to need this money now. This money can be paid by the issuance of United States notes. We have $346,000,000 of these notes outstanding now which are backed by 40% similar I: manner. The result of this operation will be to convert a Government non-circulating obligation into a Government circulating obligation. The issuance of this additional currency will not affect the gold standard we will still have more than a 40% gold base; in fact, we need $2,500,000,000 of gold to stabilize our currency and we have $4,500,000,000 in gold. We have sufficient idle gold to back the $2,200,000,000 in a gold. The holders that of bonds voted by the people to build roads, were schoolhouses, and to make other public improvement when one bale cotton would pay $100 on the bonds do not want because they are now getting four The same and the bonds four times. illustration can be applied to other commodities and labor. "Balance the budget or the credit of the Nation will be impaired" is told The Nation owes, or will owe June 30, $18,000,000,000, or a ratio of 22\i to 1. The situation is comparable to an individual who owns a business worth $22,500 and who owes $1,000 on it. The increase of $4,500,000,000 in our National indebtedness will be comparable to the individual increasing his $1,000 debt on his $25,000 business to $1,250. Do you think such an increase would impair the credit of either the individual or the Nation ? President through Hoover anti-hoarding advertisements. the ELECTIONS—IMPROVEMENT GERMAN THE OF AND GERMAN BRITISH SITUATION AND The outcome of the German elections proved Toll on Sunday, March decided improvement in the condition of things in Great Britain marked the course of events during the month, and to and, many, as a some extent also the situation in Ger¬ matter of fact, European affairs generally. At the German elections President 18,661,736 votes, rule of its own, von Hindenburg received only 168,453 less than an absolute or Adolph Hitler, majority of the 37,660,377 ballots cast. and when, The New announced Bank Reserve the "Nazis," while on conjunction with other Federal Reserve portion of the banks it had renewed for three months its $100,000,000 credit extended the Bank of Germany in June Bank of England, the Bank of France and the last year—the three been the other As a matter of fact, the Reichsbank repaid 10% of the credit and the extension for three months applied only to the remaining participants each for $25,000,000. The Reichsbank agreed to repay altogether $22,500,000. On March 8 the Bank of Germany also $25,000,000). reduced its discount rate from 7 to 6% showing pronounced gain promises by as compared 7,333,165 less than and its Lombard A Berlin cablegram, 4, stated that the stand still agreement for mainten¬ (or collateral loan) rate from 8 to 7%. March of ance foreign short-term credits to Germany which went into effect March 1 would not be affected by the payment by the Reichsbank of this $10,000,000 on foreign account, credit the standstill creditors had already most of as agreed not to take advantage of their option to revoke the agreement. In Great Britain, too, Great Britain that on was there was multiplying evidence that convalescing very fast, notwithstanding March 11 the British House of Commons extended the Suspension Act for another year. On March 2, Neville Chamberlain, Chancellor of the Exchequer, told the House of Commons that the restrictions on the purchase of foreign exchange, which were imposed the previous the time of Great Britain's withdrawn the the news that same September at flight from the pound would be evening. At the same time he confirmed Friday, March 4, the British Treasury on $150,000,000 of the credits it obtained from private bankers in New York last August in the save the pound, thus endeavor leaving only $50,000,000 of that the British this latter amount would be paid off March 29 and the remaining $20,000,000 on April 5. The credits from Paris, which were originally also in the neighborhood of $200,000,000 in two sections of $100,000,000 each had in the case of one of the sections, been large credit still unpaid, while on March 28 Treasury gave notice that $30,000,000 of reduced He described the repayment to $35,000,000. to New York "final," according to as York "Times," since return a to despite extravagant election with 1930, secured 11,328,571 votes, or all the differ¬ as a consequence, Federal York March 4 that in from party, arbitrary and establish tyranny. Fascist a cablegram to the New the American lenders had consented proportionate part of the 1% commission as maturity of the existing bills. The the date of the other $100,000,000 section of the French credits, he pointed bills, "and we have no (the lenders) to accept repayment The restrictions on dealings in exchange is represented by Treasury out, The Communist candidate, Ernst Thael- power to require them received 4,971,079 votes; the Nationalist candidate, before August." Hindenburg. mann, the German test was people were subjected last political parties combined to vanquish the new form of Austrian-born leader of the National Socialist, or German von a way methods to seize control of the reins of power to gratifying, and, barring the Kreuger & very disaster, IN IN GENERALLY. FOREIGN AFFAIRS 19, In people. autumn, when organized labor undertook by most would repay RESULTS com¬ Von Hindenburg represented no party, but repre¬ that to which the British Gold The wealth of the Nation is $400,000,000,000; so we are fallacy. by like of the currency inflated bales of cotton for a $100 payment; this is equal to increasing the interest a candidates $10,000,000 (or $2,500,000 of each of the four portions of Payment on Notes Advised. borrowed absolute majority over Bank for International Settlements, having debt. a an triumph for the orderly elements of the German was a sented the German ent If the volume of money is increased, already have consuming on bined, The public welfare will be pro¬ that is to increase the volume of money. getting the votes cast for all the other Presidential one-half what it was three There is only one way to make up for the lack of years ago. in which President von Hindenburg fell only a trifle short of a Larger Money Volume Urged. The velocity of money and credits Is about War result of the election, people. March 26: paying constituted authorities but law and order as well; and the Theodor Duesterberg, received 2,517,876 votes, and Gustav Winter, Independent, received 181,115 votes. It sidered Hindenburg was con¬ were put into effect on Sept. 21 1931, when the Bank of England suspended gold redemption of its notes, and was easily carried Cologne and Munich, the headquarters of the designed to prevent speculative sales of sterling by British nationals and the flight of capital from England. Actually, "Nazis," and also obtained it especially significant that President an von absolute majority in Ham¬ burg, the home of the Communist candidate. made great gains, election returns, In however, von dential chair, fices. For a compared with the 1930 when the party polled 6,400,000 votes. the run-off election President as The "Nazis" on April 10 it seems certain that Hindenburg will be confirmed in the Presi¬ especially as at that election a plurality suf¬ time the outcome of the German elections was was stated in the newspapers, the restrictions were never enforced because the British public took the suspension of gold standard calmly and made no general attempt to convert its money from sterling into other currencies. As further evidence of improvement the Bank of England the made successive reductions it had reduced from 6 to to 4 % on in its discount rate. 5% and now On Feb. 18 in March, reduce first March 10, and then to 3 % on March 17. Tangible in British affairs in other directions ignored in view of the Kreuger downfall, but its importance evidence of improvement and also significance then received elections proper determination involved of recognition. the These question whether the German people pended to move along in accordance with fundamentally upon sound principles in were looking forward and could be de¬ national affairs, the dictation and control of President the von a or were going to yield to wild and revolutionary leader. Hindenburg in this great contest represented best element of the German population, while Hitler represented those who would not only overthrow the regular wrote for the was John Maynard Keynes, the kept coming to hand. British economist, not of some of them in article he One obliged to subscribe to any of the fantastic doctrines the is so fond of promulgating while yet taking improvement which he reported place. Mr. Keynes said: was taking ) "Our British textile industries are more an spring number of the "Yale Review." which Mr. Keynes note mentioned producing 25 to 30% than they were; our tinplate trade is almost flourishing. "I MONTHLY Our motor there is. industry is in Our less than money means any that it will the available general easing of the monetary Europe, other central banks likewise were discount, in addition to those by On March 2 the from % to 5 34 %. On March 1 the Bank of Lithuania 834% to 734% and the Bank of Chile from On March 3 the Rumanian National 6% to 534%- Bank reduced from on 8% to 7%. The Bank of the Irish Free March 10 reduced from 6% to 5%, the Danish National Bank reduced from the Bank of 5.84%. and on March 11 6% to 5%, while Japan marked its rate down from 6.57% to On March 18 the National Bank of Austria reduced from 8% to 7%, and rate had remained on March 21 the Bank of Italy, whose unchanged at 7% since the previous Sept. 28, reduced to 6%. THE There STATE OF TRADE. change for the better in the state of trade and little or no indication of an early change in those lines of business where an increase usually occurs with the advent of spring—that is, the seasonal advance was smaller than usual, and in many instances there was no increase at all. As a matter of fact, the developments in Congress regarding plans for devising new sources of revenue and balancing the Federal budget, which involved taking care of a Treasury deficit in the aggregate of two billion dollars or more, were not such as to stimulate activity and served rather to act as a damper upon enterprise. As far as the steel trade is con¬ cerned, the "Iron Age" reported a slightly higher rate of steel production at the beginning of the month, the steel mills of the country being reported as having increased their operations from 26% of capacity to 27%, notwithstanding the continued absence, the "Iron Age" reported, of important tonnage from the three major steel consuming groups—the automobile industry, the railroads and building construc¬ tions—the increase in the rate of operation being ascribed to slightly expanding releases from miscellaneous classes of consumers, but by the end of the month there was a drop to only 22% of capacity, the "Iron Age" saying that the mild expansion in the requirements of miscellaneous con¬ sumers had not been sufficient to offset the lack of important buying by the major steel-consuming groups. Towards the close of the month, however, some of the trade papers were was no inclined to take a more favorable view of the future, one steel authority saying that despite the failure of steel business to improve during March, normally the month of peak opera¬ tions, the industry was still looking forward to a seasonable rise of some proportions and current indications were that it might come in April. The "Iron Age" in its issue of Mar. 24, stated that expectations of betterment were predicated on the fact that the Ford Motor Co. must soon release large orders if it was to attain a volume production scheduled for early in April, and other automobile manufacturers who were marking time pending the showing of the new Ford cars probably would also release business that had been held back for weeks because of restricted output; furthermore, a mild expansion was taking place in orders for track supplies for laying of rails and for steel used in highway construction. Orders for structural steel and work reinforcing bars for building though not impressive. Some was expected as a result of the announced price advances that were to go into effect on bars, plates, shapes, sheets, hot and cold rolled stripped steel and bolts and nuts on April 1. Although many steel companies had been quoting the higher prices for two weeks or more on current business, there had been little test, owing to extensive contract coverage for the first quarter. Efforts to strengthen prices were complicated at seaboard points on account of growing foreign competition. The "Age" also said that steel companies were adding a clause to their contracts by which the proposed sales tax on manu¬ were more numerous, stimulation of steel orders factured articles contained in the tax bill under consideration in the House of passed on to Representatives at Washington would be consumer. This proposal was defeated the when the House came to vote on it for March 31 the "Iron on In its issue March 24. Age" reported: Notwithstanding that the steel-making rate has not been so low during the entire depression except for a brief period last December, the steel industry believes that this is the "zero hour" and that new business, prin¬ cipally from the automobile industry but to some extent from will lift operations appreciably during the next fortnight. other sources, Large orders from the Ford Motor Co., which have been looked for durfor during the five weeks that have elapsed since the much-heralded Ford announcement of its new orders have been placed, models, are expected momentarily. Some small and makers of parts for Ford cars have issued releases of minor amounts. Volume production of Ford cars is now ex¬ pected to begin the week of April 18, in which case some of the steel that requires two t or three weeks for processing must be ordered almost at once, is believed that the public *ampaign that General Motors showing of Ford has announced. cars was hastened by the The Chrysler and Chevro¬ second quarter steel contracts at reported Age" the composite price of finished steel lb., against 2.037c. a month earlier, gave a ton, against $14.47 a month earlier and $15.71 period in 1931. The composite price of steel scrap was put at $8.21 a gross ton, against $8.25 a month earlier and comparing with $11.08 at the same time in 1931. The pig iron composite was stated as being the lowest since September 1915, while that for steel scrap broke all records. a gross same THE COURSE OF THE AGREEMENT FOR 534 to 5%, after having in February reduced them from 6 placed comparing with 2.128c. at the same period in 1931. composite price of pig iron March 29 was reported at at the Norway and the Bank of Sweden both reduced their reduced its rate from State The "Iron $14.43 a have March 29 at 2.087c. The trade." over companies , increases in prices. and secure a England and Germany already noted. rates losing much let larger proportion of gradually able to lower their rates of Bank of now REVIEW of its competitors, which probably As further indication of situation all position to get what export trade Our mercantile marine is few months. a a heavy industries are likely to improve within ' The NON-FERROUS METALS—NEW COPPER CURTAILMENT. of prices of the non-ferrous metals was towards though in the case of copper there was some interruption to the downward movement. Another agree¬ ment for the curtailment of the world copper production was arranged during the month and this accounted for the interruption in the downward course of prices of the metal. With reference to this agreement, the New York "Times" of March 12 reported that after holding conferences here for more than a month, representatives of the world's leading copper companies had announced the day before that they had agreed upon further curtailment of production and that foreign sales would continue to be made through Copper Exporters, Inc., the co-operative selling organization whose existence had been threatened by dissension over marketing arrangements. The new agreement, which was expected to become effective at the beginning of April, provided it was, stated, for an operating rate, by companies participating in the conference, of 20% of capacity, compared with the current rate of 2634% decreasing the world's monthly out¬ put from 85,000 tons to between 65,000 and 70,000 tons, and would probably bring production below the current rate of consumption, thus causing a reduction in surplus stocks. The new accord was hailed by copper authorities as offering a program which would stabilize the industry for several months, at least, and might result in a definite turn for the better. The reduction to 20%, it was pointed out, was the third lowering of output in a little more than a year. In November 1930 the world's leading producers reduced output 15% to 120,000 tons a month. In December 1931 another reduction was made to 2634% of capacity, or 85,000 course lower levels, > tons a month. It appears that of the world's monthly production of 85,000 (before the new reduction to between 65,000 and 70,000 tons), 30,000 tons approximately represented output of companies not represented at the conference. Some of these companies, it was stated, are small independent units, and others are in Japan and Canada. In recent months these units had shown a willingness to co-operate regarding curtailment programs sponsored by members of Copper Exporters, Inc., and they were expected to show a similar spirit towards the latest agreement. Some Canadian pro¬ ducers that have a large gold content in their ore would be under a hardship in reducing output drastically, it was observed. That Japanese producers could be relied upon to co-operate appeared when the Department of Commerce at Washington made it known on March 10 that the Japan Copper Association had announced that curtailment of production would be further increased by 5% for the first six months of this year, giving a total output of about 6,000 metric tons, according to a report to the Department from Assistant Commercial Attache W. S. Dowd at Tokio, Japan. tons United Press advices from Brussels March 22 stated that Belgian copper producers had agreed on plans to restrict their large production on the basis of actual consumption for the previous three months, in line with the agreement made with American producers in reducing production to 20% of capacity. .\ ; Towards the close of February the export price of copper had dropped to 5 J^c. and the domestic price to 5 34c. These, however, were the result of a completely demoralized market and the result of special cuts and price slashes. On March 4 it was reported that underselling of export copper by custom smelters had abruptly ended when those agencies refused to fill new demands of European buyers of the metal at 634c. c.i.f. Hamburg, Havre and London. Consequently, the price of the metal had been restored to the official quotation of 634c. as established by Copper Exporters, Inc. On March 23, however, the official price of copper for export was again reduced 34c. a pound to 634c. c.i.f. Hamburg, Havre and London by Copper Exporters' Inc. Special offerings of the metal were made on March 23 at 634c. Here in New York, Lake copper was marked down on March 1 from 634c. to 634c., advanced again to 634c. March 7, reduced to 634c. March 9, and to 634c. on March 11, and remained at that figure the rest of the month. Electrolytic copper was raised from 534c. to 534c. March 4, was further advanced to 634c. March 7, and then cut to 534c. March 9, which was the figure quoted the rest of the month. The price of lead at New York was reduced from 334c. to 334c. March 1 and further reduced to 3.15c. March 15. Tin moved irregularly, but on the whole in a lower direction, being 20.70c. March 31 against 22.05c. Feb. 29. PETROLEUM AND ITS PRODUCTS—RISE IN PRICES. Sharp advance in Mid-Continental oil and more court decisions regarding limitation of oil production in East Texas by military authority were the features in March. MONTHLY A general upward swing in crude oil prices, announced on March 24. and to become effective April 1, sent crude oil to the dollar up barrel mark, the announced goal of per Governor W. H. Murray, who last summer instigated martial law in Oklahoma oil fields to halt the price route which had tumbled barrel. As was the price advance, the latest move was led by Continental Oil Co. The announce¬ ment, made on Thursday, March 24, posted a new range for Mid-Continent crude of 76c. a barrel for 29 degrees and below; to $1.00 per barrel for 40 degrees and above. SinclairPrairie, Barnsdall, and other leading companies followed prices down to 5c. and 10c. last November case the advance. on per the occasion of a Continental announced that the new schedule would apply to Oklahoma, Kansas, and north central Texas. The price advance was made possible by a stronger gasoline market and the marked success attending efforts to balance crude production with demand. In the action in East Texas to enforce curtailment of of the State militia there were several important developments. On March 10 an injunction was granted by Federal Judge Bryant at Beaumont enjoining producers from violation of the Railroad Commission's per production by the well at this time was that the Railroad Commission was given the supervisory authority instead of the military; however Governor Sterling reiterated that he had no intention of withdrawing the State militia from the East Texas fields ''as long as it can be of service to the Railroad Commission in enforcing its proration orders." The situation was stirred up again on March 24 when the Third Court of Civil Appeals at Austin, deciding in direct opposition to a three-judge Federal Court verdict given some time before at Houston, held that the Texas Railroad Commission was acting within its legal rights in considering market demand when making proration orders to prevent underground or actual physical waste of oil produced in that State. The decision was given in the application of the Danciger Oil & Refining Co. for an injunction restraining the Railroad Commission from en¬ forcing proration orders in the Panhandle field where daily output was limited to 40,000 barrels. Price changes in the different parts of the country in the case of both crude oil and the refined product were generally towards a higher level and in the following we show all the important changes during the month of March. Crude Oil. 1.—Effective immediately, barrel to $1.30. the South Penn Oil Co. March 12.—South Penn Oil Co. posts 5c. per barrel advance in Buckeye new oil purchases in price being $1.35 per barrel. Oklahoma, Kansas, and north central Texas, per The new schedule posts 76c. a barrel barrel. for oil of 29 degrees and below, and $1.00 per barrel for 40 degrees and above. The new range, effective AprU 1, will be followed by BarnsdaU, Sinclair-Prairie, and other leading companies. advance will It is expected that the be reflected throughout all producing centers with possible exception of California. Gasoline and Kerosene. March 1.—Standard Oil Co. of New Jersey announces changes in tank wagon gasoline prices as follows: Advanced 2c. at Gastonia, N. C., to new level of 13c. per gallon; advanced 2He. at Mt. Holly and Charlotte to 13c.; reduced from 13.7c. to 13c. gallon at Kings Mountain, N. C. per March 11.—Standard OU Co. of Ohio lowers retail gasoline 2c. per gallon in Ashtabula County and the towns of Doylestown and Rittman. March 15.—Gulf Refining Co. reduces retail price of Ethyl gasoline 2c. per gallon to new price of 15Hc. per gallon. State tax included, in City of Detroit. March 15.—Shell Petroleum Co. meete Ethyl price cut of Gulf Refining in Detroit territory and announces 2c. cut, new price being 15He., State tax included. March 16.—Standard Oil Co. gallon throughout territory. per of Ohio advances gasoline prices He. New prices: Sohlo Ethyl, 19Hc. service station and 19c. tank wagon; X-70 16Hc. service station, 16c. tank wagon. March 18.—Standard Oil Co. of New York advances gasoline prices on tank wagon and service station postings l-5c. per gallon in Brooklyn And New York, new prices being 10 He. tank wagon and 12 He. service sta- tion. March lc. per Oil 18.—Standard of Ohio Co. reduces gallon at Doylestown, and in the Portage and Medina, the all following grades of gasoline counties: Summitt, new prices being 2c. below the State-wide struc¬ ture. March 21.—Atlantic Refining Co., Standard Oil Co. of Pennsylyania and Sun Oil Co. advance gasoline tank wagon and service station prices lc. per gallon in Philadelphia New prices: area. 13c. plus 3c. tax at advance in service stations; 12c. tank wagon. March 22.—Standard Oil Co. of New Jersey posts He. domestic heating oils Nos. 1, 2 and 4, the new prices being 5c., 4c. and 3 He. a gallon, respectively, tank vance car at refinery. and other major marketers are Warner-Quinlan meets ad¬ expected to follow suit. March 23.—Standard Oil Co. of New Jersey advances tank wagon and service station prices He. per gallon throughout its territory, with the exception of State of Delaware. March 23.—Standard Oil Co. of New Jersey posts new tank -as follows: U. S. Motor, 60 octane, gallon; Standard gasoline, 6He. per car prices 5He. per gallon; 65 octane, 6c. per gallon, all prices spot f.o.b. Bayonne, Baltimore, Norfolk and Charleston March 23.—Atlantic Refining Co. posts He. advance in tank ° new price being 6He. at Boston, Providence, Bayonne, car gasoline, Philadelphia. Norfolk, Brunswick and Jacksonville, March 24.—Republic Oil Co. posts He. advance in tank car gasoline below 65 octane, new price being 6c. a gallon, March 25.—Standard Oil Co. of New York posts wagon He. advance in tank and service station prices throughout New York and New England. March 25.—Standard Oil Co. of New Jersey posts 5c. advance in Grade C bunker fuel oil. new price being 65c. per barrel at New York, Baltimore to-day, price new of Grade 60c. per Galveston, C bunker fuel oil barrel at Baytown, Houston and Port Aransas. March 28.—Standard Oil Co. of Ohio posts lc. advance on all grades of gasoline throughout its territory. New price is 20c. for Sohlo Ethyl, service station, and 19c. tank wagon; X-70 is 17c. service station and 16He. tank wagon. March 28.—Atlantic Refining Co. posts wagon and service station, throughout lc. advance in gasoline, tank Pennsylvania and Delaware, with the exception of metropolitan Philadelphia area. March 31.—Atlantic Refining Co. advances prices of Grade O bunker fuel oil 5c. a barrel, new price being 70c. Advance is met by other leading refiners. at refineries in Philadelphia. March 31.—Standard Oil Co. of Ohio posts advance, effective April 1, in gasoline prices of Medina and Portage counties, bringing them to the State-wide level posted March 28. Prices in these counties have been below State-wide structure because of competitive cuts and present service station price is 2c. below State structure. Prices in Lexington, Washington and Smith townships will be reduced 2c. THE TEXTILE MARKETS SILK AND AND THE COURSE OF RUBBER. ,r; In the cotton goods trade a state of great quietude pre¬ vailed, which was accentuated by unfavorable weather conditions, temperatures dropping below the seasonal aver¬ ages for the month, where during January and February temperatures had been higher than the average, and by the disspiriting news from Washington concerning tax legisla¬ tion and the efforts to balance the budget. The price of raw cotton moved again towards very low levels. In part this was a result of doubts as to the extent to which there would be actual curtailment of acreage the coming season. Associated Press accounts from Waco, Texas, March 6, stated that only the final word of the Texas Supreme Court a resort for State officials testing the Texas cotton acreage reduction law after the Tenth Court of Civil Appeals on March 5 sustained a district court ruling that the law was "unconstitutional, null and void." The Waco dispatch continued: remained as District Judge W. O. Davis of Franklin was upheld in his refusal of an injunction the State asked to prevent Fred L. Smith, farmer, of Calvert, from planting to cotton this year more than 30% of the land he had in cultivation in 1931. County Attorney T. L. Tyson of Robertson County was expected to Court of Civil Appeals to the Supreme Court. carry the appeal from the Judge Davis, in his opinion filed be "the principles of and a essence of our a on Feb. 1, declared that enforcement of special session of the Texas Legislature tyranny and destructive of the fundamental Constitution and would make the bill of rights a nullity farce." The law was enacted as a compromise measure after much Statewide agitation for relief from overproduction of cotton and low prices. other March 24.—Continental Oil Co., Ponca City, Okla., posts new schedule advancing the price 15c. Charleston; 50c. at Baton Rouge and New Orleans. announces This increase, similar to that made in Eureka pipelines (Pennsylvania) crude oil, at March 26.—Effective posted by Standard of New Jersey will be Harbor Island, Ingleside, Texas City, would last week, was brought about by the recent reduction in the gathering rate. for crude Norfolk; 60c. 3 the law passed last September at that Pennsylvania crude oil in Buckeye Pipe Lines has been increased 5c. per and use production ruling. The only difference in the situation March REVIEW cotton-producing curtailment which were States enacted conditional allowed to lapse when all States failed to follow suit. measures Several for cotton of the cotton-growing The Texas law, however, carried no conditional clause to make it void in the event the States were not unanimous in legis¬ lative action. Another depressing feature in addition to the uncertainty regarding the curtailment of acreage .were reports from Washington suggesting that if the Federal Farm Board should begin selling wheat abroad, asAt was rumored that it would, it might find it convenient also to sell out some of its large stocks of cotton. This ignored the fact that the Farm Board as well as the American Cotton Co-operative Assn. was under pledge not to market any of its supplies of raw cotton for a considerable time to come. Spot cotton in New York, after advancing from 7.00c. to 7.20c. Mar. 2, was down to 6.20c. Mar. 31. Print cloths at Fall River for 28-inch 64x64 remained unchanged at 3c. per yard. Fears of the possibility of labor trouble in the British cotton weav¬ ing industry This hung as also an unsettling influence. the market all during the month. over wages were a cloud over On Mar. 22 cablegrams from Manchester (England) stated that negotiations between employers and operatives in the weaving section of the Lancashire cotton industry over the dispute on assignment of more looms to each operative wera regarded as being at an end. It was considered impossible to arrange an agreement because of the decision of the oper¬ atives the previous Saturday to reject the proposal of the employers. A meeting of the Manchester Cotton Spinners and Manufacturers Assn., which had been called to receive replies from district associations on the question of more looms, adjourned until April 5. Meantime chairmen of the local associations were to meet to consider the general situ¬ ation. This was taken as indicating a move to arrange dis¬ trict agreements with the operatives. It was also taken to indicate the possibility that employers would decide to seek a general reduction of wages. The Census Bureau at Wash¬ ington on Mar. 21 issued its final report on the cotton crop of 1931, based on cotton ginning returns, linters being ex¬ cluded. This made the 1931 crop 17,060,772 bales of 500 lbs., against 13,931,597 bales the crop of 1930 and 14,824,861 bales the crop of 1929. This compared with the Depart¬ ment of Agriculture's estimate of 16,918,000 bales as the size of the crop made in December. The customary monthly Census report issued Mar. 14 showed that 450,018 bales of lint and 52,764 bales of linters were consumed in the United States during the month of February 1932, as against 433,376 bales of lint and 53,687 bales of linters in February 1931. The smallest stocks of carded cotton cloths since the be¬ ginning of comparable figures, in January 1928, characterize the statistical reports of production, shipments and sales during the month of February 1932, which were made public Mar. 14 by the Association of Cotton Textile Merchants of period of four weeks and stocks at the end of the month were 239,654,000 yards. This was a decrease of 5.7% from the total of 254,056,000 yards reported at the end of January. Continuing, the Asso¬ New York. The figures covered ciation said: a \ , 258,744,000 yards, or 105.9% of production, which totaled 244,342,000 yards. Sales were 245,582,000 yards, or 100.5% of production for the period. The average weekly pro¬ during the Shipments month were duction was 61,086,000 yards, Unfilled orders at the end of the month amounted to representing a 377,988,000 yards, decline of only 3.4% from the total of 391,150,000 the end of January. / yards at • depressed and prices further sharply declined. On March 31 Japanese double extra 13-15 deniers were quoted at $1.50 @1.55, against $1.6734 @$1-70 Feb. 29; $1.8734@$1.90 Jan. 30; $1.85@$1.90 Dec. 31; $2.20@$2.25 on Nov. 30 and also on Oct. 31, and comparing with $2.25@$2.30 Sept. 30; $2.50@$2.55 on Aug. 31; $2.30 @$2.40 on July 31; $2.35@$2.40 on June 30; $2.2234® $2.2734 May 29; $2.35@$2.40 April 30; $2.55@$2.65 March 31; $2.70@$2.75 Feb. 28 and $2.85@$2.95 Jan. 311931, and $4.70@$4.75 on Jan. 311930. In the 20-22 deniers, Japanese crack double extra were quoted at $1.42 34 @$1.47 34 March 31 against $1.70@$1.80 Feb. 29; $1.95@$2.00 Jan. 30; $1.85 @$1.90 Dec. 31; $2.30 @$2.32 34 Nov. 30; $2.10@$2.15 Oct. 31; $2.25@$2.35 Sept. 30; $2.45@$2.55 Aug. 31; $2.25@ $2.30 July 31; $2.40@$2.50 June 30; $2.07 34 @$2.12 34 May 29; $2.25@$2.30 April 30; $2.50@$2.60 March 31; $2.65@ $2.70 Feb. 28; $2.85@$2.90 Jan. 31 1931, and $4.60@$4.65 Prices of on REVIEW MONTHLY 4 raw silk continued Jan. 31 1930. The market for crude rubber became completely demoral¬ ized, owing to the failure of the Anglo-Dutch negotiations for restriction of rubber advices from production and exports. Associated Press London March 20 stated that it was learned from the highest quarters that there was no expectation of a resumption of negotiations for an Anglo-Dutch rubber limitations plan. The failure of attempts to frame such a scheme had been announced from the Hague the day before. Effective regulation of rubber production or export was im¬ possible,, the British Colonial Office announced, according to a Department of Commerce statement issued March 21, based on a cablegram from Commerciale Attache William L. Cooper at London. The "United States Daily" of March 22 in indicating this said that the announcement followed a con¬ sultation with Representatives of rubber growers and of the Netherlands government and was expected to have a con¬ siderable effect on the production policy of many rubber growing companies that have continued operating in recent months, merely on the hope that Governmental restrictions might again be enforced. The announcements referred to sent the March delivery on the Rubber Exchange of New fell below 50c. a bushel on Mar. 23, touching 49 %c. Some from this extreme low figure occurred at the close of the month on rumors of damage to the growing winter recovery from low temperatures (March having been about only month of the winter during which temperatures ran low), coming at a time when the fields were largely unpro¬ tected owing to the absence of a sufficient snow covering On Mar. 31 the range for the March option was 51%@53c., with the close on that day at 52c. The May option for wheat wheat crop the in Chicago, after rising from 6034c. Mar. 1 to 6234c. Mar. reached a low of 5234c. Mar. 23, with the close Mar. 31 At Winnipeg the May 54c. 7, at option for wheat, after moving from 6634c. Mar. 1 to 6834c. Mar. 7, touched a low of 58c. Mar. 23, with the close Mar. 31 at 6134c. The May up option for corn in Chicago, 41c. Mar. 9, fell to 3534c. after rising from 39c. Mar. 1 to Mar. 26 and closed Mar. 31 at 3634c. May oats at Chicago from 2434c. Mar. 1 rose to 2534c. Mar. 7, and was 2234®. Mar. 26, with the close Mar. 31 at 2334c. Associated Press Italy, March 10, restrictions had been further advices from Rome, stated the Italian Government that beginning March 21 millers in would be allowed to use imported grain for 50% of their flour, while those in.southern and in¬ sular Italy would be permitted to use 70%, both being in¬ creases of 10%. It was stated that the Government was gradually lightening the restrictions, in view of an insuf¬ ficient production of domestic wheat, and that formerly millers could use foreign wheat for only 25% of their flour. It also appeared that wheat was selling in Rome for $1.65 a bushel, or about three times the price in the United States. One of the events of the month was the enactment of a law lifted on that day and northern and central Italy . the distribution through the 40,000,000 bushels of wheat from the holdings of the Grain Stabilization Corporation for relief purposes. President Hoover on March 7 signed the resolution passed to that effect. The wheat thus made available for distribution is to be used "in providing for the needy and distressed people of the United States and Terri¬ tories and for feed for livestock in the 1931 crop failure areas." The proposal to distribute 40,000,000 bushels was contained in a resolution passed on March 3 by the House of Representatives in Congress by a vote of 344 to 2. The U.S. Senate on Feb. 24 had approved a resolution to distrib¬ ute 5,000,000 bushels of the Federal Farm Board wheat holdings to destitute farmers in the drouth and grasshopper stricken States of the Northwest for their families and live¬ stock. On March 4 the Senate concurred in the/House amendments. Chairman Stone of the Farm Board opposed Congress providing for by American National Red Cross of the measure and characterized the proposal as "unfair" both that it would deprive the Board of about $25,000,000 of its $500,low in all time, and a price which showed a loss of 29 points from the close 000,000 revolving fund. the previous Saturday (March 19). Subsequently there was With reference to the rumors regarding prospective large some recovery in the price; nevertheless the March option sales of wheat by the Farm Board, official contemplation ran«oqt March 29 at 3.,01 @3.03 cents. In London on March of an "intensive sales campaign" by the United States to 2% a new low of1J4 pence, from 234 pence on March 19 was place some of the country's huge surplus of wheat and cotton reached. In the New York market ribbed smoked sheets for in European and other countries was reported by Secretary spot delivery was quoted March 31 at 3 1-16 bid and 3 3-16 of Agriculture Hyde on March 18, according to Associated asked, against 3%@3 Il-I6c. Feb. 29; 4 5-16@4 7-16 Jan. Press advices from Washington, which reported that Mr. 30; 4 13-16c.@4 15-16c. Dec. 31; 4 5-16@4^c. on Nov. 30; Hyde had told newspaper men that, although plans for such a 4 9-16@4^c. Octv31;434@4|4c. Sept. 30;5@534c,. Aug. 31; campaign were at present nebulous, there was a definite 5M@5&e. July 31; 6 13-16@6 15-16o. June 30; 634c. bid hope that some such procedure could be followed in lifting May 29; 5 J4@6c. April 30; 6^@7e, March 31; 7^@7%c. the weight of these surpluses from the American market. Feb, 28; 7%@8c. Jan. 31; 834@834®. Dec. 31 1930, and A possibility that part of the $200,000,000 Farm Loan fund of the Reconstruction Finance Corporation might be, employ¬ 15M@15Ko. Feb. 28 1930/ ed in such a surplus slicing campaign, also was voiced. "It SHARP DECLINE IN GRAIN PRICES—RUMORS OF PROSPECTIVE would not be humanly possible for us to make $200,000,000 SELLING OF WHEAT AND COTTON BY FEDERAL FARM of loans to agriculture at this time," Mr. Hyde said. "Since BOARD—CONGRESS VOTES 40,000,000 BUSHELS FOR DIS¬ we could not loan this amount if we had it, a better plan TRIBUTION BY RED CROSS. might be to employ this money in cutting down our sur¬ Grain prices, and in particular wheat prices, suffered a pluses rather than continuing to stimulate production." sharp tumble during the month of March. A variety of George S. Milnor, head of the Grain Stabilization Corpora¬ circumstances served to impel prices downward. Among tion,.sailed for Europe on March 16 and this of course occa¬ the chief of these was perhaps the reports that the federal sioned much speculation as to the purpose of his trip, and Farm Board contemplated disposing of a considerable also served to depress prices. The following statement was amount of its large holdings abroad, but there were other made on March 19 by James C. Stone, Chairman of the depressing influences as well. The renewed collapse of the Federal Farm Board: stock market and in particular the depreciation in the bond The rumors for the last two days to the effect that the Grain Stabilization market cast a feeling of gloom over the commercial markets Corporation contemplates dumping its wheat in foreign markets are untrue. as well as the financial markets. Then on Mar. 24 the United Last July a definite policy was announced as to how sales would be made States Departmentof Agriculture issued a report on farmers' from July 1931 to July 1932. This sales policy was to limit sales in domestic and foreign markets to an accumulative maximum of five million bushels intentions to plant wheat, corn, oats, potatoes and other per month, with the right to sell wheat to foreign Governments or their crops, and this showed that in the spring wheat region of representatives in addition to the five million bushels per month. the Northwest, where drouth had worked such havoc in The result of this York on March 21 to 3.01c. per pound, the Farm Board and to the farmer, contending a new 1931, with a heavy reduction in the area harvested, quite a large increase over the reduced acreage of 1931 was contem¬ plated. In durum wheat the Agricultural Department said farmers reported an intention to sow 3,868,000 acres of wheat this year, an increase of 34.8% over the acreage harvested in 1931, and the intended acreage of other spring wheat was reported at 16,967,000 acres, an increase of 53.3% over the acreage harvested the previous year. Considerable dis¬ appointment also was felt in the vote in the House of Repre¬ sentatives at Washington on the beer tax, which the trade regarded as knocking out tlie last hope of the modification of prohibition regulations which might play an important part in the stimulation of the consumption of grains generally. The result altogether was that the March option for wheat in Chicago, after a rise from 5634c. Mar. 1 to 5824® • Mar. 7, to orderly sales policy has been that every sold in the United States since last above the world market bushel of wheat July has brought a price considerably price parity for wheat. This program has worked to the benefit of the American farmer and no change is contemplated. A further statement issued as Rumors by Chairman Stone on are George S. Milnor, ViceFarmers' National Grain Corpora¬ continuing to be circulated that President and General Manager of the tion, went to Europe for the purpose of dumping These a rumors are untrue and they malicious attempt to manipulate aiding those who There will be j March 22 was follows: stabilization wheat. of being a part of have the earmarks the market for the express purpose speculating in grain. stabilization wheat dumped anywhere. of are no last July how this wheat and will not be changed. would be sold. We announced This program has been followed MONTHLY The following from Paris March 23 to the New putting on record: Announcement by Ranney. York The announcement of the plan was "Times" is also worth George S. Milnor, He United States Farm Board wheat to France. and commercial attaches this morning, and it is saw "We Ambassador Edge ; to the fact low and the next crop will not be on The market will have to be shared with Canada and hand until Argentina, It is understood the American Board will not grant credits and that French stocks August. however. are very Government affair, since the French that any deal will not be a ment has announced a hands-off PRICES SUGAR is due to the present unsatisfactory prices of these com¬ believe that if they were assured of Govern¬ farm products must soon improve, we are now corn and cotton NEW LOW FIGURES. harvester-threshers Mar. 30 to 0.74c. price of refined sugar at New York was reduced from 4.15c. to 4.00c. on Mar. 14. Thomas L. Chadbourne on his return from Cuba was reported on Mar. 8 as having said that he would not attend the International Sugar Con¬ ference at Paris on Mar. 14, but that he would continue as Chairman of the National Sugar Export Corporation. Paris advices Mar. 22 to the New York "Times" stated that after for which until the day before had seemed certain to fail, the International Sugar Council had disbanded with a new plan of regulation for world sugar pro¬ duction and export quotas. The essence of the scheme was understood to be that Cuba asked Java to cut its export 1,500,000 tons, which was the amount actually exported in 1931. The Dutch refused to agree, but the Europeans, feeling sure that no matter what quota Java had, its export would not exceed that figure, were guaranteeing to Cuba that if the Dutch export more Europe will make good the difference by decreasing its figures. On Mar. 24 Havana advices stated that the Cuban Sugar Institute, the official body under which the Chadbourne plan operates, had that afternoon after almost two days of continuance sessions passed a resolution providing that Cuba's crop would be restricted to 2,700,000 long tons (against the 3,000,000 tons previously proposed), plus what¬ quota for 1932 from 2,400,000 to amount the mills have exceeded ever their respective quotas Mar. 30 when the restriction was to become on The effective. the quotas was expected to amount to about 50,000 tons. The resolution was signed by President Machado and sent to the "Official Gazette" for publication on Mar. 26, said a cablegram from Havana on that date, which further reported: '■ t surplus over The Institute last night began advising all Cuban mills regarding their respective quotas and grinding will cease March 30. Based on a crop of 2,700,000 tons plus 567,000 tons carried over from last year's crop, the quota as 2,523,284 tons. leaves for exportation to the United States is calculated Local consumption is estimated at 150,000 tons, which 593,716 tons for exportation to other countries. These figures will undergo some each mill may have ground up to Those sugar to their modification when the exact amount that March 30 in excess of its quota is known. producers who are not in favor of a restricted crop met to-day and sent a formal protest to It declared that according the Sugar Institute. interpretation of the sugar stabilization law the Institute had no authority to fix the crop restriction figure, even though it had been approved by the President, contending that this must be done by the producers them¬ selves. The protesting mills are Of the 2,700,000 long tons greatly in the minority, however. March 26, 1,956,420 long tons, plus last year's carryover, is designated for the United States, according to a cable¬ gram received in the Department of Commerce Monday from Acting Com¬ mercial Attache Alfred Nufer, Havana. tons Europe was allotted 593,730 long plus one-fourth of the balance of the sugar segregated under the Chad¬ bourne plan. Local consumption is expected to absorb 149,850 long tons, the cable stated. Coffee prices were again very little changed. No. 7 Rio delivery was quoted at 73^c. Mar. 31, against 7J^c. Feb. 29; 73^c. Jan. 30; 7@7J4c. Dec. 31; 6^@6^c. Nov. 30; 5%@6e. Oct. 31; 5^c. Sept. 30; 5M>@5%c. Aug. 31; 5%@ 6c. July 31; 6J^@7c. June 30; 6^c. May 29; 63^@6%c. April 30; 53^c. Mar. 31; 5}4@5%e. Feb. 28; 6^c. Jan. 31, and 724@7}^c. Dec. 31 1930. No. 7 Santos was 83^c. bid Mar. 31, against 8Kc. Feb. 29; 8^c. Jan. 30; 8@8J4c. Dec. 31; 7M@7Kc. Nov. 30; 7^c. bid Oct. 31; 6%@7c. Sept. 30; 6^@6^c. Aug. 31; 7^@7>6c. July 31; 8K@9c. June 30; 83^@8^c. May 29; and the same figures for April 30; 7%@8c. Mar. 31; 7%@8c. Feb. 28; 8%@9c. Jan. 31; 8M(pMc. Dec. 31 1930, and ll^c. Oct. 31 1930. for spot FARM IMPLEMENT GRAIN MANUFACTURERS COTTON AND AT PAYMENT MUCH FOR WILLING HIGHER THEIR TO PRICES TAKE IN GOODS. The faith of the International Harvester Co. in the im¬ provement this year of prices of wheat, corn and cotton was pledged on March 27 to new purchasers of its machines, it is learned from the Chicago "Journal of Commerce" of March 28, which went on to say: The company announced that it would guarantee to such purchasers a price level of 70c. for wheat and 50c. for corn, at Chicago, and 8He. a pound for cotton, New Orleans basis. Should the average base quotations for each of those commodities for the five-day period prior to and including maturity dates of notes of its new customers fall below the guaranteed level, company will pay the difference, crediting it on the notes. faith that prices of offering growers of wheat, with which to pay notes given machines most the stationary which these new terms guarantee are 70c. a bushel, Chicago, for No. 2 hard wheat; 50c. a farm tractors, and windrow-harvesters combines, or The higher prices yellow corn, and 8He. bushel, Chicago, for No. 2 a pound, New Orleans, for middling cotton. "On notes maturing in 1932, given hereafter in payment for the machines listed and representing not more than 40% of the purchase price, be endorsed the the there will equivalent number of bushels of wheat or corn or pounds of cotton computed at the price named. If the average market quotation five-day period prior to and including the maturity date of the note is less than bushels the price named, the purchaser will be credited with an representing the price differential multiplied by the number of amount or pounds endorsed on the note. Deere & Co. announced a similar plan, according to Asso¬ Chicago, which said: ciated Press advices March 31 from Deere & Co. announced to-day a plan intended to help farmers higher values for wheat, of farm machinery. for the amount of corn and cotton, used as obtain security for the purchase They said that on the sale of tractors in the corn belt, an obligation maturing in 1932, not exceeding 40% of the purchase price of the tractor, "we will settle with the farmer on basis of 50 cents per bushel, Chicago delivery, No. 2 yellow "The same plan territory on the corn." will be followed on the sale of tractors in the cotton the basis of 8H RESTORATION OF New cents a pound for middling cotton, \ Orleans," the announcement said. PEACE IN THE FAR.EAST. : ' Restoration of peace in the Far international importance. The East was also an event hostilities between the Chinese and Japanese armies in the area around the Inter¬ national Settlement at Shanghai ceased as abruptly on March 3 as they began on Jan. 28. There were none of the declarations customary in warfare to mark the end of the fighting, as there were none in the beginning. The Japanese army, augmented to about 50,000 men, began to make the territorial gains on March 1, for which it had striven unsuc¬ cessfully for more than a month. Rapidly extending the advance, the fresh troops from Japan easily swept the of Chinese forces back to the 12^-mile distance from Shanghai proclaimed as the Japanese military aim. After this accom¬ plishment announcements were made by the Japanese leaders that fighting would be halted if the Chinese also suspended activities. Instructions were given at Nanking early March 4 for the Nineteenth Route Army also to cease hostilities, and the two opposing forces rested on their arms beginning at 1 a. m. March 4. Peace negotiations were started imme¬ diately, with the aid of the British, American, French and Italian Ministers to China, and efforts made to hasten a formal agreement on an armistice. These discussions have lagged, however, and have not yet been concluded, owing to serious differences between Chinese and Japanese representa¬ tives regarding the mode of withdrawal of the Japanese forces to the International Settlement area. Authoritative indications of the cost of the conflict at were made available March 17, when the Shanghai of Social Affairs issued an announcement stating Shanghai Bureau of sugar, to which the sugar crop of Cuba is limited by the decree promulgated of higher prices "The list of machines to which this offer applies includes Mar. 28, with a recovery on week of strenuous effort, assurance hereafter and maturing this year for purchases of certain The wholesale a higher prices for their cost-reducing machines vitally needed in making and gathering these crops. market during March became further badly demoralized, mainly owing to uncertainties regarding the carrying out of the Chadbourne policy of sugar restriction. Cuban raw sugar, which at the close of February had sold down to 0.87c., recovered to 0.90c. Mar. 3, but then renewed its downward course and established a new all-time low at on we "In order to meet this situation, and to evidence our sugar 0.71c. to buy implements harvesting of their wheat, corn and cotton crops threshers. The who said: that the reluctance of farmers that they need. policy. TOUCH convinced products they would not hesitate to purchase the new good chance to sell wheat here due a are needed for the economical production and modities, and understood he also began negotiations with French milling agencies. There is believed to be made by George A. Ranney. Vice- President in charge of sales of the company, Stabilization ascertain the possibilities of selling President of the United States Grain Board, commenced efforts to-day to 5 REVIEW killed and more the fighting. The missing are esti¬ 160,000 Chinese families were driven from their homes. Property damage is estimated at 1,400,000,000 silver dollars, or $350,000,000 gold. "These appal¬ ling figures are not considered excessive,''7 a Shanghai dis¬ patch to the New York "Times" said. In the five weeks of fighting at Shanghai the Japanese lost 377 killed and 2,273 wounded. A report received at the State Department in Washington from Edwin S. Cunningham, United States Consul-General at Shanghai, indicated that much of the devastated area would not be rebuilt for years. Trade con¬ ditions are rapidly returning to normal, Mr. Cunningham that a total of 6,080 Chinese civilians were than 2,000 wounded in mated at 10,040, while added. THE MARCH FINANCING OF THE U. S. TREASURY. the United States Treasury took the form of the offering of two issues of Treasury certificates for an aggaregate of $900,000,000 "or thereabouts." An¬ nouncement of the offering came on Sunday night, March 6. The first of the two series bore 3l/&% interest and was for an amount of $300,000,000 "or thereabouts" and to mature on Oct. 15 1932, being for seven months from the date of the issue on March 15, while the second series carried 3%% interest and ran for a year from the date of issue on March 15, thus maturing March 15 1933; this series was offered for an amount of $600,000,000 "or thereabouts." The rates of interest in these two issues of certificates were identical with those in the Treasury sale of certificates made in January, when the Secretary offered a six month's issue of certificates bearing 3^% interest, and another series running for a year and carrying 3%% interest. Subscription books for the new certificates were opened on Monday, March 7, and were closed in the afternoon of the very next day. Subscriptions aggregated no less than $3,403,225,500, the amount for the The March financing of 6 MONTHLY $300,000,000 of seven months' certificates carrying 3^% interest being $952,619,500 and the aggregate for the $600,000,000 of 1-year certificates carrying 3%% interest being $2,450,606,000. The allotments were $333,492,500 in the case of the first issue of certificates, of which $82,593,500 were exchange subscriptions, which were allotted in full, and $660,653,500 in the case of the second series running for a year, of which $414,089,500 were exchange subscriptions and were allotted in full. It will be noted that total allotments for the two series combined $994,146,000, or considerably $900,000,000 ($300,000,000 plus $600,000,000), also that the exchange subscription, which were accepted in full, aggregated $496,683,000. In offering the $900,000,000 of new certificates the Secre¬ tary of the Treasury, Ogden L. Mills, stated that about $624,000,000 of old Treasury certificates of indebtedness would fall due on March 15, and that about $35,000,000 in interest on the public debt would also become due and payable on March 15, and that the proceeds of the sale would provide the Treasury with approximately $276,000,000 [as, however, in excess were of the tentative offering of the allotments exceeded the tentative offering of $900,000,000 by $94,146,000, the figure would be raised by that amount to $370,000,000—Ed.] in unobligated money which along with the tax receipts would enable the Government to meet ex¬ penses until the close of the fiscal year, and that the public debt would be increased by that amount and would total ap¬ proximately $18,400,000,000 (or $18,494,000,000 if allowance be made for the $94,146,000 increase in the allotments). It was also pointed out in some of the calculations at the time that from its new funds, its tax receipts and its balance on hand, which would amount to about $250,000,000 on March 15, the Treasury would have to pay the Government's run¬ ning expenses and meet at least three special obligations, to wit, the Treasury still had $64,000,000 to turn over to the Re¬ construction Finance Corporation and $62,000,000 to the Federal Land Banks under the allotment of $150,000,000 to the former and $125,000,000 to the latter. Moreover, the Treasury was pledged to purchase $250,000,000 of Recon¬ struction Finance Corporation debentures in the near future. Thus these expenditures would absorb $376,000,000 of the new funds and of the balance on hand—all these figures having been given out before the allotments were made on the subscriptions for the new offering and which, as al¬ ready stated, exceeded the tentative offering of $900,000,000 by $94,146,000. As is always the case, the subscriptions came mainly from banks and banking institutions and the fact that the sub¬ scriptions reached such a huge aggregate as $3,403,225,500 was of considerable significance, bearing testimony to the fact that there was no lack of banking credit notwithstanding that the campaign for combating so-called "hoarding," which was so actively under way, rested entirely on the idea that the country was suffering from a lack of banking credit because of the shortage caused by the "hoarding" referred to. It appeared at the close of the month that over half a billion dollars—in exact figures, $501,408,000—of Government de¬ posits had been created through the sale of the $994,146,000 of new certificates, the proceeds of the sale remaining with the banks for whom or through whom the subscriptions had been made. A first call for repayment of these Government deposits was made by the Treasury on March 31, and re¬ quired repayment on April 5 of $8,553,600 in the New York Federal Reserve district and $20,056,300 in the entire country, including New York, leaving still on deposit $205,286,200 in the New York district and $481,351,700 in the entire country, including New York. Simultaneously with the $900,000,000 of new certificates of indebtedness in the regular form there was a special offer¬ ing of certificates, namely, certificates in small denominations (in amounts running from $50 to $500) or so-called "baby bonds" designed to attract small sums which were supposed to be hoarded by persons of moderate means. Announce¬ ment of this offering was made by Secretary Mills on Satur¬ day, March 5. In his statement, Mr. Mills pointed out that the offering was not part of the March financing program of the Treasury Department, details of which were made available on Sunday night, March 6, as noted in our re¬ marks above. 1 The so-called "baby bonds" were certificates bearing only 2% interest, to be issued only in denominations of $50, $100, and $500, in bearer form, with two interest coupons attached, payable Sept. 151932, and March 15 1933. The certificates are featured by radio messages broadcast Sunday night, March 7, by President Hoover, Secretary Mills, and a number of other noted men who were engaged in the anti-hoarding campaign. Secretary Mills in his radio message stated that the campaign was intended to put idle money to work and had been initiated by the President and was now being conducted by the Citizens Reconstruction Organization under the direction of Colonel Frank Knox. In the Treasury's offering circular, it was stated that paymen at par and accrued interest for certificates allotted must be made on or before March 15 1932, or on later allotment. If payment was made after March 15 1932, it would have to was on include accrued interest from that date. It also stated that qualified depository bank would be permitted to make payment by credit for certificates allotted to it for itself and any its customers up to any amount for which it shall be in excess of existing deposits, when qualified so notified by the Federal Reserve Bank of its districts. As to the method to be pursued in getting repayment of the principal sum of the certificates, in advance of maturity, on 60 days' notice of intention, which would play an important part in affecting subscriptions for the certificates, the Treasury circular said, under the caption "Redemption Before Maturity." In order to secure redemption before maturity of certificates issued hereunder, a demand therefor in writing, describing the certificates by denomination, serial number and aggregate amount, must be made by the holder; and the certificates, with unmatured coupons attached, accompanied by such demand, must be forwarded or delivered to a Federal Reserve bank, at the holder's risk and expense. Sixty days after receipt of.the certificates and demand at a Federal Reserve bank, payment, at par and accrued interest, will be made. As might have been expected, subscriptions for these antihoarding 2% Treasury certificates did not prove startling. According to the "United States Daily" of March 18, the Secretary of the Treasury in a statement on March 17, said that the exact amount of anti-hoarding certificates sold might be announced soon if Colonel Knox approved, but, the Secre¬ tary added, "You will not gasp for breath when you see them." He recalled that the certificates were merely an adjunct to the anti-hoarding campaign and that the volume of their sales did not reflect the activity of the whole move¬ ment. "There is not a great deal of inducement to buy 2% certificates when the Treasury is selling certificates at 3 % %" said the Secretary. He also said that the Treasury never expected to sell a great many anti-hoarding certificates, and the money which the Treasury had obtained from the sales, being such a small amount, had been left in the banks of the country, as the Treasury had promised. It was not suffi¬ cient to aid the Treasury materially, he said. Two issues of Treasury bills sold on a discount basis and bearing no interest were also floated during the month of March. that The first came on was in accordance with an Feb. 24, and tenders for which announcement were asked until Feb. 29, but embracing certificates bearing date March 2, to which reference was made in our review of events during February. These $100,000,000 "or 91-day bills, for an amount of thereabouts," and were to replace a similar amount of bills maturing March 2. They mature on June 1 1932. As stated in the previous number of this pub¬ lication, the amount applied for in this instance was $292,984,000 and the amount accepted was $101,412,000. The average price obtained was 99.369 or the equivalent on a bank discount basis of about 2.50% per annum. This com¬ pared with an average rate on a bank discount basis of about 2.71% per annum at a sale of $62,851,000 of 91-day bills on which tenders were received up to and including Fob. 19. On March 23, the Treasury Department announced another offering of 91-day Treasury bills. These were for an amount of $100,000,000, "or thereabouts," tenders for which were invited up to 2. p. m. Eastern standard time on Monday, March 28. They were to replace an issue of maturing bills of $101,332,000 and were dated March 30 1932 and are to were on June 29 1932. This offering brought tenders of $360,198,000. The amount accepted was $102,169,000. The average price realized was 99.474, making the average rate on a bank discount basis about 2.08%. mature NEW SECURITY ISSUES New AND DIVIDENDS IN MARCH. financing in the domestic market during the month of March showed an increase over the small totals of pre¬ vious months, but was on a much smaller scale than for the same month a year ago. Public utility and municipal offerings again comprised the bulk of the domestic financing. The outstanding issue of the month as to size was the $10,000,000 offering of the Southern California Edison Co., Ltd., ref. mtge. gold bonds, series of 5s at 96 and int., yielding over 5.30%, followed by the $8,700,000 offering of the New York Steam Corp. 1st mtge. 5% gold bonds at 94 and int., yielding about 5.45%. Below we give the month's financing, which consisted of the following offerings: FOREIGN FINANCING. $12,500,000 Canadian Pacific Ry.—6% coll. trust conv. debs, at par 10 years. The debentures will be ordinary stock of the Canadian Pacific at $25 a sh. within five years. Offered by a syndicate headed by the Bank of Montreal, National City Co. and Dominion Securities Corp. and int.. redeemable convertible dated and bear interest from March 15 1932; they will mature March 15 1933 but will be redeemable before maturity at the option of the holders at par and accrued interest on 60 days' notice. The initial offering of these certificates REVIEW in into RAILROAD *3,435,000 Reading from 4 Co.—4M% to 4H %, FINANCING. trust ctfs. at prices to yield to maturity as follows: *1,200,000 equip, according series K, due M00,000 each Sept. 1 1932, March 1 1933 and Sept. 1 1933; and <2,226,000 series L, due $375,000 semi-ann. 1935. Issued under the Philadel¬ phia plan. By Drexel & Co. and Evans, Stillman & Co. each Oct. 1 1932 to April 1 PUBLIC $10,000,000 Southern of ref. UTILITY FINANCING. California Edison Co., Ltd.—Additional issue mtge. gold bonds, series of 5s priced at 96 and int., yielding over headed by Chase Harris Forbes Corp. Rollins & Sons, Inc., and the N. W. 1 1954 and 5.30%. By a group and including E. H. due June Harris Co., Inc. 8,700,000 New York Steam Corp.—1st mtge. 5% gold bonds, at 94 and int., yielding about 5.45% and due Nov. 1 1956. By The National City Co. 7,500,000 Public Service Co. of Indiana.—1st mtge. & ref. 6% gold bonds, series G at 87 and int., yielding about 7U.% and due Feb. 1 1952. By Halsey, Stuart & Co., Inc. 5,000,000 Duquesne Light Co.—1st mtge. 4M% gold bonds at 92 and int., to yield 5.06% and due March 1 1957. By a group headed by the Chase Harris Forbes Corp. and including Ladenburg, Thalmann & Co.; H. M. Byllesby & Co., Inc.; T W. O. Lan^ley & Co.; Lee Higginson & Co.; A. C. Allyn & Co., Inc.; The Union Trust Co. of Pittsburgh; Hayden Stone & Co.; J. Henry Schroder Banking Corp. and The N. W. Harris Co., Inc. The issue was oversubscribed. 5,000,000 Syracuse Lighting Co., Inc.—1st & ref. mtge. 5%, se£j®f ® gold bonds at 95 and int., to yield over 5.35% and due Jan. 1 1957. By J. P. Morgan & Co., Bonbright & Co., Inc., and Schoellkopf, Hutton & Pomeroy, Inc. Anglo-Norwegian Holdings, Ltd.—Dividend of 25c. a share on the no 4,000,000 Virginia Electric & Power Co.—10-yr 5)4% secured^conv. gold bonds at 95)4 and int., to yield 6.10% and due March 1 1942. By Stone & Webster and Blodget, Inc.; Chase Harris Forbes Corp.; Bancamerica-Blair Corp. and Brown Brothers Harriman & Co. The issue has been oversubscribed. Art Metal Construction Co.—Quar. div. com. stock omitted. Co.—1st mtge. gold bonds, 5% series to yield over 5.35% and due July 1 1956. By Drexel & Co. and Bonoright & Co., Inc. 2,000.000 Blackstone Valley Gas & Electric Co.—5% mtge. & coll. trust gold bonds, series B at 91)4 and int., to yield 5.69% and due April 1 1952. By Estabrook & Co. and Stone & 2,500,000 Pennsylvania Power of 1956 at 95 and int., Webster and Blodget, Inc. 2,000,000 Utica Gas & Electric Co.—20-yr. gen. mtge. 5% gold bonds, series E at 93 and int., to yield 5.55% and due Jan. 1 1952. By J. P. Morgan & Co.; Bonbright & Co., Inc., and Schoellkopf, Hutton & Pomeroy, Inc. 2,000,000 Virginia Public Service Co.—6% 1st mtge. & ref. 20-yT. gold bonds, series O at 78 and int., to yield iover 8)4% to maturity, due March 1 1952. By a group headed byHalsey, Stuart & Co., Inc., and including E. H. Rollins & Sons, H. M. Byllesby & Co. and Blyth & Co., Inc. stock omitted. par com. stock com. as div. of 25c. a share on compared with 40c. a share paid previously. of 10c. a share on the no par Associated Industrial Bankers Corp.—Quar. stock common stock at ■ ■ "wv: York. :.vv'"v, MUNICIPAL FINANCING. $15,000,000 Louisiana (State of) 5% highway bonds, due serially from 1936 to 1957, incl., purchased at par by the Pyramid Securi¬ ties Co. of New Orleans. Public re-offering of the bonds has not been made. 6,160,000 Rochester. N. Y., bonds, comprising $2,655,000 6s $2,285,000 4Mb and $1,220,000 5s, due from 1934 to 1962, incl., awarded to a syndicate headed by the Guaranty Co. of N. Y. at 100.11, a basis of about 4.75%. • 5,500,000 Jersey chased of Co. City, N. J., tax revenue bonds, due Aug. 1 1935, pur¬ as 68 at par by a group headed by the National City New York. Re-offered at 100.75 and int., to yield about 5.75%. Ty 4,468,000 Elizabeth, N. J., water bonds, due serially from 1934 to 1972, incl., awarded as 6s to a group managed by the Na¬ tional City Co. of New York at 100.056, a basis of about 5.95 %. Re-offered priced to yield 5.70 % for all maturities. 4,500,900 Allegheny County, Pa., 4%% impt. comprising bonds, 1933 to 1962, incl., awarded to a syndicate headed by the Union Trust Co. of Pittsburgh, at 101.32, a basis of about 4.62%. Re-offered at prices to yield from 4.75 to 4.40%, according to maturity. five issues, due serially from County, N. Y., 5)4% bonds, due March 1 1937, purchased at par by a group headed by the Guaranty Co. of New York. Re-offered priced to yield 5.20%. 3,550,000 Nassau 3,401,722 Minneapolis, Minn., 4)4 % bonds awarded as follows: $1,919,722 street impt. issue, due from 1933 to 1942, incl., sold to a group headed by the Continental Illinois Co. of Chi¬ cago, at 100.203, a basis of about 4.71%; re-offered priced to yield from 4.50 to 4.40%, according to maturity. A further award of $1,482,000 bonds, comprising three issues, due from ~n 1933 to 1952, incl., was made to a syndicate headed by Halsey, Stuart & Co., Inc., of New York, at 100.105, a basis of about 4.73%; re-offered priced to yield from 4.75 to 4.40%, accord¬ ing to maturity. Changes in dividend declarations in March were again and again mostly of an unfavorable nature. following table, divided into two sections, namely, "Favorable Changes" and "Unfavorable Changes," gives the more important of the changes: numerous The FAVORABLE CHANGES. Ajax Oil & Gas Co., Ltd., Toronto.—Initial dividend of 3c. a share payable April 15, placing the stock on a 12c. annual basis. Associated Oil Co.—Special div. of 25c. a Dominguez Co.—Resumes dividend on by payment of 5c. a share. stock common the no par value Fields Oil Hydro-Electric Securities Corp.—Divs. on the no par com. stock resumed by payment of 10c. a share. Investors Corp., Providence, R. I.—Quar. divs. of $1.50 a share on both the $6 cum. 2nd prof, stock and on the $6 cum. con v. pref. stock resumed. dividend on the Casualty Insurance Co.—Resumes capital stock by the payment of 15c. a share. Manufacturers share on the 27)4c. a the 4% non-cum. preferred stock Banca Commerciale Italians, Milan, Italy.—Dividend of $2.07 a share on the "American" shares, as compared with $3.14 a share paid on this issue a year ago. Bancroft Hotel Co. (of Mich.).—Quar. div. on the com. stock and the a share on the 7% pref. stock both omitted. semi-annual div. of 35c. BancOhio Corp.—Quar. div. on share to 28c. a share. Bankers on the Commerical common the capital stock reduced from 35c. a Inc.—Quar. div. of 50c. a share Security Co., stock omitted. Bank & Insurance Shares, Inc.—Semi-annual divs. of 11c. a share on the Deposited Bank Shares, series NY, and Deposited Bank Shares, N. Y., series A as compared with divs. of 30c. a snare and 12c. a share ! a share on the no par com. stock omitted. Bay State Fishing Co.—Semi-annual divs. of 70c. a share on both!* he 7% cum. prior pref. stock and the 7% cum. pref. stock omitted. Bayuk Cigars, Inc.—Quar. div. of 37)4c. a share the no par common on stock omitted. Blayney-M urphy Co. (Colo.), Denver.—Quar. div. of 1)4% 7% cum. pref. stock omitted. the on (E. W.) Bliss Co.—Quar. divs. on the 8% cum. 1st pref. stock, the 7% cum. class A 2nd pref. stock and on the 6% cum. class B pref. stock and a div. of 2% on the com. stock all omitted. Bohn Aluminum & Brass Corp.—Quar. div. of 37)4c. a share on the no capital stock omitted. par V ; Herald-Traveler Corp.—Quar. div. of 10c. Boston a share on the com. stock omitted. Boston & Maine RR.—Quar. div. of 1 % % on the 7 % cum. prior stock omitted. preference Brandram-Henderson, Ltd.—Div. on the 7% cum. pref. stock reduced from $1.75 a share to $1 a share. Briggs & Stratton Co.—Quar. div. on the no par capital stock reduced from 50c. Brunswick a share to 25c. Site stock the com. a share. N. Y.—Semi-annual dividend of 10c. Co., a share on omitted. (H. M.) Byllesby & Co.—Quar. divs. of 50c. a share on the class A and class B common stocks omitted. Cables & Wireless, Ltd.— Dividend on the 5)4% cum. preference shares for year 1931 omitted. (Philip) Carey Mfg. Co.—Quar. div. $2 a share to $1.25 a the common stock reduced from on share. (William) Carter Co.—Annual div. on the com. stock reduced from $6 a share to $4 a share. '^VV'V'V.; — Central Cold Storage Co., Chicago.—Quar. div. of 20c. a share on the capital stock omitted. ' Central Public Service Corp.—Quar. divs. on the $7, $6 and $4 cum. pref. stock, all of no par value, omitted. , Central States Utilities Corp.—Quar. div. of $1.75 a share on the $7 cum. pref. stock omitted. Chain & General Equities, Inc.—Quar. divs. of 1% a share on the 6)4 % annual con v. pref. stock omitted. Chapman Ice Cream Co.—Quar. div. on the no par capital stock of 18)4c. a share omitted. i-,..':' Chicago Towel Co.—Quar. div. on the com. stock reduced from $1.25 a share to $1 a share. Cincinnati Advertising Products Co.—Quar. divs. on the no par com. stock reduced from 75c. a share to 50c. a share. (D. L.) Clark Co.—Quar. div. on the no par.com. stock reduced from 31 )4c. a share on the com. stock. of omitted. Baltimore & Ohio RR.—Quar. div. on omitted. ■ Bastian-Blessing Co.—Quar. div. of 25c. MacDougall, Inc. (Del.).—No par common .$3.25 a share. By Pringle, Price & Co., sInc., New Foote) div. of 2c. a share on the class B stock omitted. Baldwin-Duckworth Chair Co.—Quar. div. respectively, on these issues. MISCELLANEOUS FINANCING. Iu5,000shs. (Alice the Arrow-Hart & Hegeman Electric Co.—Quar. share to 25c. a share. Claude Neon General Advertising, Ltd.—Quar. div. of 1)4% on the 7% cum. red. pref. stock omitted. Patent Fire reduced from 50c. Colt's Arms Mfg. Co.—Quar. div. a share to 25c. a share. on the common stock Commerce Investments, Inc.—Quar. div. on the common stock decreased from 15c. a share to 12)4c. a share. Community Telephone Co.—Quar. div. of 50c. a share on the $2 cum. and partic. stock of no par value omitted. | Margay Oil Corp.—Quar. div. of 25c. a share on the no par capital stock resumed. The last payment on this issue was made on July 10 1930. Conduit Co., Ltd.—Quar: div. of 1)4% stock omitted. Pacific capital Consolidated Cigar Corp.—Quar. div. on the ho par com. stock reduced from $1.25 a share to 75c. a share. dividend of 2%, payable in no par stock. Consolidated Oka Sand & Gravel Co., Ltd.—Quar. div. of 1)4% on Associates, Ltd. (Del.).—Resumes stock by payment of 25c. a share. Railways Corp.—Initial quar. dividend on the , Standard Safe Deposit Co.—Quar. div. on the from $1 a share to $1.50 a share. capital stock increased St. Paul Union Stock Yards Co.—Quar. div. on the com. stock increased from 50c. a share to 75c. a share. Tide Water Oil Co.—Dividend ment of made on 25c. a share. The June 30 1931. <" on the no par com. stock resumed by pay¬ last previous payment was 15c. a snare the a share on the 7% cum. pref. 7% cum. conv. s. f. 1st pref. stock omitted. Consolidated Water Co. of Utica.—Quar. div. of 37)4c. a share on the $1.50 cum. and partic. class A com. stock omitted. Cook Paint & Varnish Co.—Quar. div. of 25c. a share on the class A stock omitted. Courier Post, Philadelphia, Pa.—Quar. div. on the common stock reduced from $2 a share to $1.50 a share. the class Creamery Package Machinery Co.—Quar. div. on the no par com. stock decreased from 50c. a share to 37)4c. a share. / Utica Knitting Co.—Dividend on the 7% cum. pref. stock resumed by Crowley, Milner & Co., Chicago.—Quar. div. of 20c. a share on the United Ohio Utilities Co.—Extra dividends of $1.50 a share on A and class B com. stocks. com. payment of $1 a share. UNFAVORABLE CHANGES. Abstract Title & Mortgage Co., Buffalo, N. Y.—Quar. div. on the capi¬ tal stock reduced from 40c. a share to 25c. a share. Acme Steel Co., Chicago.—Quar. div. the capital stock decreased on from 40c. a share to 30c. a share. Alabama Fuel & Iron Co., Birmingham, Ala.—Quar. div. of $1 Dennison Alles & Fisher, Inc.—Quar. div. on the no par com. stock reduced from 25c. a share to 15c. a share. Detroit Bankers Co.—Quar. div. on the capital stock reduced from 85c. a share to 60c. a share. (Joseph) a com. stock omitted. American Bakeries Corp.—Quar. div. on creased from 75c. a share to 25c. a share. American the no par class A stock de¬ Coal Co. of Allegheny County.—Quar. div. on the capital stock reduced from $1 a share to 50c. a share. Inc.—Quar. divs. of $1.75 a share on pref. stock, and of $1.50 a share on the $6 cum. pref. stock American & Foreign Power Co., the $7 cum. omitted. American Fork & Hoe Co.—Quar. div. on the no par com. stock reduced American Hardware Co.—Quar. div. of 50c. a share on the capital stock as against $1 a share paid previously. Maize-Products Co.—Quar. div. on the no par decreased from 50c. a share to 25c. a share. com. stock Dixon Crucible Co.—Quar. div. on the capital stock of $1 share omitted. Dolese & Shepard omitted. Co.—Quar. div. of $1 a share on the common stock Dominion Motors, Ltd.—Semi-annual div. of 10c. a sh. on the capital stock as compared with 20c. a sh. paid on this issue previously. Investment Economic Trust, Ltd.—Semi-annual div. Inc.—Quar. div. share omitted. Edison Bros. Stores, a on the 7% cum. conv. pref. of (Wm.) Edwards Co., Cleveland.—Quar. div. of 1)4% on the 6% cum. prer. stock omitted. Egry Register Co., Dayton, O.—Quar. div. of 50c. a share on the $2 cum. class A com. stock omitted. Electrographic Corp.—Quar. div. of 1)4% American Elekiron-Werke (A.-G.), Germany.—Dividend for the as compared with 7% paid last year for 1930. Building Co.—Quar. div. on the no par com. stock reduced from $1.25 a share to 75c. a share. American Steam Pump Co.—Quar. div. on share the common stock of 25c. a Type Founders Co.—Quar. div. of 1)4% on the 7% pref. stock omitted. American cum. on the 7% cum. pref. stock omitted. Emerson Electric Mfg. Co., St. 7% omitted. com. Ecuadorian Corp., Ltd.—Quar. div. on the no par com. stock reduced from 6c. a share to 2c. a share. American Meter Co.—Quar. div. on the common stock decreased from 75c. a share to 25c. a share. Ship the on stock reduced from 87)4c. a share to 75c. a share. 1)4% from 37)4c. a share to 12)4c. a share. American Mfg. Co.—Quar. divs. of 1)4% on the class A stock, 2% on deb. stock and 1 )4 % on the 7 % cum. pref. stock all omitted. the 8% cum. Denver Union Stock Yards Co.—Quar. div. on the no par common stock reduced from $1 a share to 75c. a share. a share on the com. stock omitted. (A. S.) Aloe Co., St. Louis.—Quar. div. of 13c. a share on the stock omitted. Cuban Telephone Co.—Quar. div. of $2 a share on the common stock deferred until the next directors' meeting which is to be held in June. cum. year 1931 of 5% Louis, Mo.—Quar. div. Of 1)4% Equitable Building Co., Denver, Colo.—Quar. div. of 1)4% cum. on the pref. stock omitted. pref. stock omitted. on the 7% 8 MONTHLY Est RR. Co. of France (Compagnie des Chemins de Fer de L'Est), share for year 1931 as compared France.—Dividend of 63H francs a with 55 francs paid a year ago. Fafnir Co.—Quar. div. on Bearing share 7oc t/O a the com. stock decreased from $1 share* reduced from 25c. Public Federal Inc.—Dividend the capital stock on share to 20c. a share. a Service Department Stores, Inc.—Quar. reduced from $1 a share to 20c. a share. Kaynee Co.—Quai. div. Stores, Department (E.) Kahn's Sons Co., Cincinnati.—Quar. div. of 80c. 8% cum. & partic. pref. stock, series H, omitted. Kaufmann Fageol Securities Corp., Oakland, Calif.—Quar. div. of 17Hc. a share on the 7% pref. stock omitted. Fairmont Creamery Co. (Del.), Omaha, Neb.—-Quar. div. on the no par common stock decreased from 40c. a sh. to 25c. a sh. Federated REVIEW Co.—Quar. 25c. to div. of 1%% the 6H% on cum. share a the on on com. the com. stock decreased from 50c. a the stock share share. a (Spencer) Kellogg & Sons, Inc.—Quar. div. on the no par com. stock reduced from 20c. a share to 15c. a share. Keystone Steel & Wire Co.—Quar. div. of 1%% the 7% on pref. cum. stock omitted. Kroehler pref. stock omitted. on div. 18c. Mfg. Co.—Quar. div. the on stock reduced from no par com. share to 12Hc. a share. a Landers, Frary & Clark.—Quar. div. on the com. stock reduced from $1 Fiberloid Corp.—Quar. div. of 75c. a share on the com. stock omitted. Fidelity & Deposit Co. of Maryland.—Quar. div. on the capital stock of $2.25 a share omitted. a share to 62Hc. Title Land share. a Building Corp., Philadelphia.—Quar. div. the on pref. stock reduced from $1 a share to 50c. a share. Finance Co. of America (Bait.).—Quar. div. of 10c. a share on the class A and B com. stocks as compared with 20c. a share previously. Lawyers Mortgage Co., N. Y.—Quar. div. on the capital stock reduced Finance Co. of Pennsylvania.—Quar. div. with $4 a share paid previously. Lawyers Title & Guaranty Co.—Quar. div. on the com. stock reduced from 3% a share to 2% a share. ' First Bank Stock Corp., stock reduced from 25c. a of $3 a share St. Paul, Minn.—Quar. div. compared as on the capital share to 12 He. a share. Security Corp. of Ogden (Utah).—Quar. divs. of 12Hc. First the class A on and class B stock as compared with 25c. previously. a share share paid a '• Flatbush Investing Corp., from 70c. a share to the com. on a share. Lawyers Westchester Mortgage & Title Co., White Plains, N. Y.— Quar. div. on the capital stock reduced from $2 a share to $1.50 a share. Lehigh Valley RR.—Quar. div. of 2H% on the 10% cum. pref. stock of $50 par omitted. Only $106,300 or this issue is outstanding. Lisk Mfg. Co.—Quar. Brooklyn, N. Y.—Quar. div. stock of 1H % a share omitted. 35c. Lone Star Gas from 22c. a div. of $1 share a the on Corp. (Del.).—Quar. div. com. stock omitted. the com. stock decreased on share to 15c. a share. Food Machinery Corp.—Quar. div. of 25c. a share on the no par com. stock omitted. Lunkenheimer Co.—Quar. div. on the no par com. stock reduced from Ford Motor Co. of Denmark.—Dividend for the year 1931 omitted. MacAndrews & Forbes Co.—Quar. div. on the no par com. stock decreased from 50c. a share to 35c. a share. . year ago a dividend of 10% was paid for 1930. Ford Motor Co., Ltd. (England).—Dividend for the year A div. of 10% less tax was paid on this stock for the year Ford Motor Co. of Germany.—Dividend for the year year ago a A 1931 omitted. 1930. 1931 omitted. A dividend of 10% was paid for 1930. Ford Motor Co. of Holland.—Dividend for 1931 a dividend of 20% was paid for 1930. omitted. A year ago Ford Motor Co. of Sweden.—Dividend for year 1931 omitted. 10% cash div. and ago a a A year 25% bonus in stock were paid for 1930. Foundation Co. of Canada, Ltd.—Quar. div. on the no par com. stock reduced from 25c. a share to 12 He. a share Franklin Process Co.—-The Southern Franklin Process Co. a subsidiary omitted the quar. div. of 5c. a share on the common stock. Garlock Packing Co.—Quar. div. on the no par com. stock reduced 30c. a share to 15c. a share. from a share. . General Fireproafing Co.—Quar. div. of 25c. a share on the no par com. stock omitted. General share to a Gimbel Brothers, Inc.—Quar. div. of 1%% on the 7% cum. pref. stock omitted. share. a (R. H.) Macy & Co., Inc.—Quar. div. on the no par 50c. from 75c. a share to a capital stock omitted. Magor Car Corp.—Quar. div. of 1H % International Marconi Marine the 7% on from (10%) on Co., Ltd.—A final the com. stock for 1931, as against 15% paid in 1930. Marlin-Rockwell Corp.—Quar. div. on the no par com. stock decreased from 50c. a share to 25c. a share. & Robbins, Inc. (Del.).—Quar. div. of 87Hc. pref. stock, series A, omitted. share a on the 7% conv. Midi RR. (Compagnie des Chemin de Fer du Midi), France.—Div. of 58 H francs a share for year 1931, as against 62 H francs a share previously. 50c. a Steel Products Co.—Quar. div. on the $2 non-cum. stock of a share both omitted. share and on the common stock of 75c. Mill Factors Corp.-—Quar. div. on the class A and class B stocks reduced from 75c. a share to 50c. a share. stock ^reduced from Monarch a a share the on no par stock omitted. com. Mitchum share Tully Participations, Inc., No. 2.—Semi-ann. div. of 62Hc. on the $1.25 cum. partic, pref. stock omitted. conv. Mortgage & Investment, Ltd.—Quar. div. decreased from 20c. a share to 12He. the pref. stock on share. a the common stock reduced Moore Corp., Ltd.—Quar. div. on the no par com. stock decreased from 25c. a share to 12Hc. a share. Inc.—Quar. div. of l%% on the 7% cum. pref. stock Morris Plan Co. of New York.—Quar. div. on the capital stock decreased Gorton-Pew Fisheries Co.—Quar. from 75c. a share to 50c. a share. Goulds Pumps, reduced cum. pref. stock omitted. Communication dividend of 5% less tax, making Godchaux Sugars, Inc.—Quar. div. on the class A stock of 50c. a share and $1.75 a share on the $7 cum. pref. stock both omitted. Gold Dust Corp.—Quar. div. on the no par common 62He. a share to 40c. a share. i ,; (Robert) Mitchell Co., Ltd.—Quar. div. of 25c. Glen Alden Coal Co.—Quar. div. of $1 a share on the com. stock reduced share. (I.) Magnin & Co.—Quar. div. on the no par com. stock 20c. a share to 12He. a share. Midland Ink Corp.—Dividend on the com. stock decreased Printing from 50c. a share to 25c. a share. 12Hc. Madison Mortgage Corp., N. Y.—Quar. divs. of 2% on the 8% cum. 1st pref. stock and 1H% on both the 7% cum. 1st pref. stock and 7% cum. conv. 2d pref. stock all omitted. McKesson General Electric Co.—Quar. div. on com. reduced from 40c. a share to 25c. 25c. div. on from 60c. a share to 30c. a share. omitted. Granby Consolidated Mining Smelting & Power Co.—Quar. div. of 12 He. a share on the capital stock omitted. Muskegon Piston Ring Co.—Quar. div. (W. R.) Grace & Co., N. Y.—Quar. div. on the com. stock reduced from National Candy Co.—Quar. div. on the com. stock reduced from 50ca share to 25c. a share. $1 share to 50c. a share. a Great Britain & Canada Investment Corp.—Semi-annual div. of 2H % on pref. stock omitted. the 5% cum. conv. and National of $1 a share on the com. stock National conv. a Container Corp.—Quar. div. of 50c. a share pref. stock omitted. Steel from 50c. l%% on the 7% non-cum. pref. stock omitted. (Charles) Gurd & Co., Ltd.—Quar. div. on the no par com. stock re¬ duced from 50c. National Casket Co.—Semi-ann. div. on( the no par com. stock reduced from $2 a share to $1.50 a share. the no par common Great Lakes Steamship Co., Inc.—Quar. div. on stock reduced from 50c. a share to 25c. a share. Great Lakes Towing Co.—Quar. divs. the capital stock reduced on from 50c. a share to 25c. a share. share to 40c. a share. , a Corp.—Quar. div. on the no par the $2 on cum. stock reduced com. share to 25c. a share. National Tea Co., Chicago.—Quar. div. on the no par com. stock re¬ duced from 25c. a share to 15c. a share. Hahn Department Stores, Inc.—Quar. div. of 1%% on the 6H % cum. pref. stock omitted. New Britain Machine Co.—Quar. div. on the no par com. stock of 10c, a share omitted. (The) Harbauer Co., Toledo, O.—Quar. div. of 12HC. a sh. on the no par common stock omitted. New Brunswick Power Co.—Quar. div. of 1% on the 7% cum, 1st pref. & Cooley Co., Hartford, Conn.—Quar. div. decreased from $1.50 a share to $1.12H & share. Hart the com. stock on stock decreased from }of $1.75 Honey Dew, Ltd., Toronto.—Quar. div. cum. class A red. pref. stock omitted. a share on the $7 pref. stock omitted. Hotels Statler Co., Inc.—Quar. div. on the $1.25 a share to 50c. a share. Co.—Quar. div. on capital stock reduced from the com. stock reduced from 50c. a share omitted. 25c. Pipe Line Co.—Quar. div. on the capital stock reduced from share to a 10c. a a share to 20c. share. : a from 10c. a share. sh. to 5c. a sh. Interlake Steamship Co.—Quar. div. on the com. 50c. a share to 25c. a share. International Carriers, from 12 He. a Ltd.—Quar. div. share to 10c. a share. on stock decreased from on the Mortgage & Investment 7% cum. pref. omitted. International share on Interstate no par each on the no and partic. prer. stock omitted. International the Corp.—Quar. div. of 1%% Telephone & Telegraph Corp.—Quar. div. of 15c. no par capital stock omitted. a Department Stores, Inc.—Quar. div. of 50c. a share on the com. cum. divs. of 1H% on the 7% cum. pref. pref. stock and 1H% on the 6% cum. Irving Air Chute Co., Inc.—Quar. div. on the capital stock reduced from 12He. a share to 10c. a share. Jamison Coal & Coke Co.—Quar. div. on the com. stock of 50c. a share pref. stock , the on no par com. stock reduced from 25c.' a share to 15c. a share. a share on the no stock omitted. par com. Nord Ry. (Compagnie du Chemin de Fer du Nord), France.—Div. 100 francs per share for 1931 against 105 francs for the year 1930. of class A stock, 1H% on the 7% cum. pref. stock and 1H% on the 6% pref. stock all omitted. Northeastern Public Service Co.—Quar. divs. of $1.37H a sh. prior pref. stock and 37He. a sh. on the pref. stock both omitted. Northwest Bancorporation.—Quar. div. from 45c. a share to 25c. a on on the the capital stock decreased share. Ohio Brass Co.—Quar. divs. of 50c. a share on the class A and B com. stock omitted. Ohio Electric Manufacturing reduced from 10c. a Co.—Quar. div. on the capital stock share to 5c. a share. Ohio River Railway & Power Co.—Quar. div. of \%% on the 7% cum. pref. stock omitted. • Old of Colony Trust Associates.—Quar. div. no par value reduced from 50c. a on Oregon Pulp & Paper Co.—Quar. div. of 2% pref. stock omitted. Osgood Co.—Quar. div. of 1%% the 1st series trust shares share to 25c. on a a share. share on the 8% Jantzen Knitting Mills of Canada. Ltd.—Semi-ann. div. of $3.50 a share on the 7% cum. pref. stock omitted. Johns-Manville Corp.—Quar. div. of 25c. a share on the no par com. stock omitted. Johnson Publishing Co.—Quar. div. on the common stock from 25c. a sh. to 12Hc. a sh. cum. the 7% cum. pref. stock omitted. Otis Elevator Co.—Quar. div. on the no par com. stock reduced from 62Hc. a share to 50c. a share. Pacific Truck Service Co.—Quar. div. of 20c. a share on the com. stock omitted. ...a'v.* . 1931 as a share for compared with 85 francs paid a year ago. Paris-Orleans RR. (Compagnie du Chemin de Fer de Paris a Orleans), France.—Div. of 70 francs a share for 1931 as against 72H francs a a share Parker a year ago. Trading Co.—Quar. div. of 30c. a share on the class B omitted. com. stock . Pennroad Corp.—Div. of 20c. a share on the no par com. stock omitted. omitted. Pfaudler Co., Rochester, N. Y.—Quar. div. on the com. stock decreased from $1.25 a share to 62Hc. a share. Philadelphia Rapid Transit Co.—Semi-ann. div. of 3H% cum. decreased Journal of Commerce Corp.—Quar. div. of 1%% °n the 7% cum. 1st pref. stock omitted. the 7% Paris-Lyons-Mediterranean RR. (France).—Div. of 80 francs stock omitted. Iowa Southern Utilities Co.—Quar. stock, 1%% on the 6H% pref. stock all omitted. on , the capital stock reduced International Match Corp.—Quar. divs. of $1 a share par com. ' stock decreased from 25c. Investors, Inc.—Quar. div. on the common stock reduced Interbanc of 1%% omitted. cum. (Tom) Huston Peanut Co.—Quar. div. on the no par com. stock of 12Hc. Inland Investors, Inc.—Quar. div. on the com. share and the the com. stock North Continent Utilities Corp.—Quar. divs. of 37Hc. a share on the share to 25c. a share. a a on New York Title & Mtge. Co.—Quar. div. on the capital stock decreased from 50c. a share to 15c. a share. Noblitt-Sparks Industries Inc.—Quar. div. of 40c. Hooker Electrochemical Co.—Quar. div. of 1H% on the 6% cum. Indiana 1H% due about March 31, Niles-Bement-Pond Co.—Quar. div. the capital stock decreased Honolulu Rapid Transit Co.—Quar. div. on ftom 35c. a sh. to 20c. a sh. Sound of both omitted. Newhall Building Trust.—Quar. div. share to $1.50 a share. Home Title Insurance Co.—Quar. div. on the Com. 50c. a share to 37Hc. a share. ' Howe England Public Service Co.—Quar. div. of 25c. semi-ann. stock div. (D. H.) Holmes Co., Ltd.—Quar. div. on the com. stock reduced from $2.50 a stock omitted. New Pie on the 7% pref. stock omitted. Bakers, Inc.—Quar. div. of 40c. a share on the com. stock omitted. Pratt & Lambert Co.—Quar. div. on the no par com. stock reduced from 75c. a share to 50c. a share. MONTHLY Westinghouse Electric & Mfg. Co.—Quar. div. on the com. stock de¬ creased from 62 He. a share to 25c. a share. West Point (Ga.) Mfg. Co.—Quar. div. on the com. stock of $1 a share of 10% Pirelli Co. of Italy.—The company recently declared a dividend (50 lire) for the year 1931 as against 12% (60 lire) in each of the two pre¬ ceding years. Due to a typographical error, the dividends for 192y ana 1930 were given In the March 4 issue as 12H % • A div. on the Ameri¬ can" shares of $2.58 a share was declarel for 1931 as compared w«tn a div. of $3.13 a share for the year 1930. of 6He. a „ Wisconsin Bankshares Corp.—Quar. share omitted. Brothers, Ltd.—Quar. div. of l%% on the 6H% cum. pref. stock omitted. Price stock stock of 10c. a share ' 2oc. from 50c. a share to • Reversible Collar Co., Boston, Mass.—Quar. reduced from $1.50 a share to $1 a share . ' a the 7% cum. pref. stock » . reduced from div. on the com. stock Printing Co.—Quar. share to $1.50 a share. Rumford $2 capital stock div. on the (E. L.) Ruddy Co., Ltd.—Quar. div. of l%% on omitted. Rutland RR.—Div. on the 7% cum. pref. A distribution stock omitted. 2% was made on Oct. 15 1931. of i. Sangamo Electric Co.—Quar. div. of 25c. a omitted. , stock share on the com. . Schulte Retail Stores Corp.—Quar. div. of $2 a share on the 8% cum. pref. stock payable April 1, deferred. (Bernard) Schwarz Cigar Corp.—Quar. div. on reduced from 50c. a share to 25c. a share. the no par com. Security Investment Trust, Inc.—Semi-ann. div. on the pref. stock decreased from 3% a share to 1 H% a share. stock 6% cum. partic. paid on this issue. Smyth Mfg. Co., Hartford, Conn.—Quar. div. of 50c. a com. stock as compared with $1 a share paid previously. Southern Acid & Sulphur Co.—Quar. share on the div. of 25c. a sh. on the common stock omitted. Southwestern States Telephone Co.—Quar. pref. stock omitted. div. of l%% on the 7% . . Southwest Telephone Co. (Del.).—Quar. div. of 1M% on the 7% pref. stock omitted. a share to 25c. a a share. Co.—Quar. share to 50c. a share. Screw Standard 50c. stock reduced from Sparta Foundry Co.—Quar. div. on the com. div. on the com. stock Standard Steel Spring Co.—Quar. stock omitted. reduced from $1 div. of 50c. a share on the no par com. (L. S.) Starrett Co.—Quar. div. of 20c. a share on the com. stock omitted. Title & Mtge. Co.—Quar. div. on the capital stock decreased from 50c. a share to 25c. a share. State St. Louis Rocky Mountain & Pacific Co.—Quar. div. on stock reduced from 25c. a share to 12Hc .a 15c. a pref. cum. the class B stock de¬ Taylor Milling Corp.—Quar. div. on the com. stock share to of 1%% on the 7% the 7% div. on Superior Portland Cement, Inc.—Quar. div. on creased from 25c. a share to 12He. a share. a the com. share. Strawbridge & Clothier, Philadelphia.—Quar. div. cum. pref. stock omitted. Struthers-Wells-Titusville Corp.—Quar. stock due Feb. 15 omitted." decreased from 25c. share. Thompson Products, Inc.—Quar. div. of 30c. a share on the com. stock omitted. Salt Lake City, Utah.—Quar. div. on the $1 par capital stock reduced from 10c. a share to 5c. a share. Title Guarantee & Trust Co.—Extra div. on the capital stock of 30c. Tintic Standard Mining Co., a share omitted. Title & Mortgage Guaranty Co. of Buffalo, a share on the capital stock omitted. N. Y.—Quar. div. of 15c. Tonawanda Share Corp.—Quar. divs. on the $7 cum. and $6.50 cum. prior pref. stock of no par value, both 1st pref. stock omitted. Troy Sunshade Co.—Quar. div. of 25c. a share on the no par com. stock omitted. Twin City Rapid stock omitted. Transit Co.—Quar. div. \%A% on the 7% cum. ' pref. ■ Twin Disc Clutch Co.—Quar. div. on from 25c. a share to 12 He. a share. the no par com. stock reduced Finance Co., Inc.—Quar. div. of 2% on the 8% cum. pref. stock omitted. Underwritings & Participations, Inc.—Quar. $3 non-cum. class A stock omitted. div. of 50c. a sh. on the Guarantee Mortgage Co.—Quar. div. on duced from $1.50 a share to 75c. a share. Union United Light the capital stock re¬ & Power Co. (Md.).—Quar. divs. of 25c. a share on the A and class B common stock class omitted. (Del.), N. Y.—Quar. div. of 1%% on the 7% cum. pref. stock omitted. United States Cold Storage Co.—Quar. div. of 50c. a share on the com. United Publishers Corp. stock omitted. United on Verde Mining Co.—Quar. div. of 12 He. a share compared with 25c. a share paid previously. Extension the capital stock, as Universal Products Co., Inc.—Quar. div. on the com. stock reduced from 50c. a share to 25c. a share. Utah on Fire Insurance Co., Salt Lake City, Utah.—Quar. div. capital stock reduced from 3% a share to 2% a share. Home the Utilities Hydro & stock omitted. Rail Shares Corp.—Quar. div. on the no par com. Utilities Power & Light Corp.—Quar. divs. of l-40th of a share of com. stock on the non-cum. class B stock and com. stock, and 50c. a share on the non-cum. class A stock all omitted. Valvoline Oil Co.—Quar. divs. of $2 a share on the 8% cum. conv. pref. stock and $1.50 a share on the com. stock, both omitted. Vortex Cup Co.—Quar. div. on a share to 37 He. a share. the no par com. stock reduced from 50c. (Del.), Warren, Pa.—Quar. div. of 25c. stock omitted. Warren Axe & Tool Co. on the no par com. a share the $1 cum. 1st pref. stock, on the $11-6 cum. 2d pref. stock and on the $3 cum. conv. pref. stock omitted. On Jan. 1 1932 quar. divs. of 25c. a share; 29 1-6 c. a share, and 75c. a share, respectively, were paid. Warren Brothers Co.—Quar. divs. on Telephone Co.—Quar. div. of 1%% a sh. on the 7% pref. stock omitted. Warren Ohio cum. Washburn Wire Co.—Quar. div. of 37Hc. a sh. on the common stock omitted. Washington Oil Co.—Div. on the com. stock reduced from 75c. a share to 25c. a share. Waterbury Farrell Foundry & Machine Co.—Quar. div. on the capital stock decreased from $2.25 a share to $1.50 a share. Waukesha (Wis.) Motor Co.—Quar. div. on the no par com. stock de¬ creased from 75c. a share to 50c. a share. Western Massachusetts Cos.—Quar. div. on the capital stock reduced from 68He. a share to 60c. a share. Western Power, Light & Telephone Co.—Quar. divs. of 1 % % on the 7% cum. pref. stock, series A-l and 1H % on the 6% cum. pref. stock series B omitted. _ Western Union Telegraph Co.—Quar. div. on the capital stock reduced from 1H % a share to 1 % a share. Westinghouse Air Brake Co.—Quar. div. on the no par capital stock reduced from 50c. a share to 25c. a share. share to 30c. a share. ..... the class A stock ... stock decreased t share on the com. stock omitted. THE of COURSE OF THE STOCK MARKET DURING MARCH. During March the stock market went into a new period decline, wiping out the sharp rise in prices that charac¬ terized the month of February. The renewed decline was the result of quite a number of adverse circumstances and events, coming at a time when, as for a long while previously, there was a complete absence of any signs of recovery in trade, so seriously reduced during over two years of growing trade depression and when indeed poor income returns for current periods—either for January or February, or for both months combined, or for the closing quarter of 1931 and the full year 1931—kept coming in, in almost endless procession, as a further manifestation going to show what serious inroads into income and profits trade prostration had already made and when dividend reductions and omissions, reported day day and week after week, furnished additional testimony to the and same effect as an indication of the h^voc that had been still being done by the unfortunate condition of things prevailing and from which no early relief appeared in, sight. There was no inducement in such a state of things either for investment or speculative buying, and the remark applies to bonds as well as stocks and, as a matter of fact, the market for bonds was weak during most of March with sharp declines in many of the low-priced issues where pre¬ viously it had shown an improving tendency. At such a time and under such conditions the stock market was ill was prepared to cope with further dispiriting news such as the Kreuger & Toll disaster in Europe and the hostility displayed by Congress at Washington where the House of Representa¬ tives in its consideration of taxation legislation to provide new sources of revenue for eliminating a budget deficit of the Federal Government for an aggregate of some $2,000,000,000 engaged in proceedings which quickly descended into a stampede to "soak the rich" by means of inordinately high income and estate taxes and where also propositions kept gaining favor for imposing new tax levies on Stock Exchange transactions, as related in detail in the earlier part of this article, the radical elements in both the great political parties joining in all these movements which finally proceeded to such extremes that only the fervid intervention of the leaders in the House at a most critical stage of the pro¬ ceedings served to prevent what threatened to develop into a riot of destructive legislation. The Reconstruction Finance Corporation was actively engaged in extending aid to financially needy railroads, but all this proved of no avail as a stimulating influence in the stock market in face of the budget of depressing news with which it had to contend; and the truth is that in the general downward swing of prices the railroads suffered rather more than the general list, though on the whole the market bore up remarkably well all things considered. early part of the month the course of stock values for was towards a higher level. This was in con¬ the upward reaction which came at the very end of February, after the sagging tendency which the mar¬ ket showed the latter part of that month, following the great rise which it enjoyed during February as a whole. This appears from the fact that the average of the 50 stocks In the 1 Underwriters a (John J.) Zeeb & Co., Inc.—Quar. div. of 75c. a after Sheaffer Pen Co.—Semi-ann. div. on the no par com. stock decreased from $1 a share to 50c. a share. On Sept. 15 1931 an extra div. <W. A.) of 50c. a share was from 60c. , Reading Co.—Quar. div. on com. stock reduced a share. V div. on the capital stock reduced from 5c. a share to 4c. a share. Woodruff & Edwards, Inc., Elgin, 111.—Quar. div. on of 25c. a share omitted. Woodward & Lathrop Co.—Quar. div, on the com. > Corp.—Quar. div. on the capital Railroad Shares .-omitted. red. s. f. div. on the com. Providence Washington Insurance Co.—Quar. reduced from 55c. a share to 45c. a share. _ omitted. stock div. on the no par com. Pressed Metals of America, Inc.—Quar. 9 REVIEW about a week tinuance of compilations in the New York month was reached on advance to that figure from 73.52 at the close of February, and that the low for the month was recorded on March 31 at 64.40, with the close March 31 at 64.84. In the case of the 25 rail stocks as in the case of the industrial stocks, the low figure of the month was not reached until the last day of the month. which form the basis of the "Times" showed that the high for the March 8 at 79.57, this having been an the 25 rails dropped from 30.59 March 5 to with the close on the latter day at 22.96, dropped from 128.71 March 8 to 105.97 March 31, with the close 106.72. In the absence of any improvement in trade and industry, the chief stimu¬ lating influence in the rise in the first week of March ap¬ peared to be the fact that the Reconstruction Finance Corporation, in co-operation with the Inter-State Commerce Commission, was arranging numerous loans to the railroads so as to meet maturing bond issues, and also to provide interest payments on the securities of such roads as needed assistance of that kind. A satisfactory fe^tiire also at that The average of 22.83 March 31, while the 25 industrial stocks time, induced no doubt by the course of the Reconstruction Corporation in helping needy railroads, was the growing firmness of the bond market, and particularly United States Government securities, which enjoyed an ex¬ Finance ceptional rise. The general bond market, however, was later in the month to reverse its course. Some other favor¬ ing influences in the early part of the month, though they did not appear to make much impression on the stock market, growing strength of foreign exchange rates on in the general financial con¬ dition of Great Britain, as indicated by a variety of circum¬ stances and events narrated elsewhere in this article. On March 8 sterling exchange on London rose fully 20 points, were the London and the improvement 10 and on MONTHLY March 10 the Bank of England discount rate, which Feb. 18 had been reduced from 6% to 5%, was further reduced to 4%, and the following Thursday, March 17, on it was marked down to 334%On the other hand, the XJ. S. Steel Corp., in its usual monthly statement given out on Thursday, March 10, showed unfilled orders on the books of the subsidiary companies at the end of February even smaller, by 102,521 tons, than at the end of January, when the total of such orders was the smallest in the entire history of the Corporation; on Feb. 29 the backlog was 2,545,629 tons as against 2,648,150 tons at the end of January; 12 months before. At the end of February 1931 the unfilled orders aggregated 3,965,194 tons, and at the end of February 1930 the total was 4,479,748 tons. Some selling of Steel stock followed the appearance of this state¬ ment, but with apparently little effect on price, and the news of numerous dividend reductions and suspensions by one company after another, including a number of very important companies, which had been coming along in quick succession the early part of March, was also borne well. On Monday, March 14, however, the market was dealt a severe blow from an unexpected quarter, and thereafter the course of prices was strongly downward, interrupted only by occasional rallies the latter part of the month. We have reference to the collapse in the properties with which the name of Ivar Kreuger, the head of Kreuger & Toll, a company with world-wide ramifications, was associated, owing to the death by his own hand of Mr. Kreuger himself. Under this new blow the market staggered badly, with little signs of any recovery until Thursday, March 17, but even this recovery did not last, and on Friday, March 18, the market turned heavy again. It had been known for some time that Mr. Kreuger was deeply involved financially, and the securities of all the properties with which he was identified had long been weak. The further break in the same on March 14, owing to his suicide, was nevertheless of large dimensions. The collapse in these securities and the news regarding the suicide carried the whole Stock Exchange list down all the way from one to five or six points. The suicide actually occurred the previous Saturday morning, but news of the event was withheld until after the close of all the markets, so as to allow time over Sunday to make preparations for the ill effects which it was known would be very decided, owing to the wide ramifications of the Kreuger enterprises and their magnitude. Reports from abroad to the effect that Kreuger & Toll had loans in this market amounting to $80,000,000 served greatly to intensify apprehensions of what would follow, though this proved a gross exaggeration, bankers declaring that such loans did not amount to more than $9,000,000. Before the stock market opened here in New York, cable¬ grams from Europe told of wide breaks in the securities of Kreuger & Toll and its affiliates in the European market. In Paris the shares were offered in huge reams, and big de¬ clines were reported in London, Berlin, Brussels and Amster¬ dam. On the New York Stock Exchange it was an hour after the opening before Kreuger & Toll appeared on the tape, and the initial transaction was 150,000 shares, the largest single block, it is stated, ever recorded. The open¬ ing price was 1 J4, as compared with 5 the close on Saturday. The stock closed at 234 after sales for the day of no less than 673,800 shares, or qne-third of the day's dealings in all stocks on the Exchange for that day, which aggregated 2,034,395 shares. Kreuger & Toll 5% bonds of 1959 opened at 36 as against the close on Saturday of 4834The bonds later sold down to 30 and closed on that day at 32 34 Inter¬ national Match 5% bonds of 1947 opened at 38 against 49 at the close on Saturday, selling down later in the day to 37 3^ and closing at 38. International Match 5s of 1941 opened at 41 as compared with the close Saturday of 52, touched 3934 later in the day, and closed at 39 ?4It happened that just before the close of business on Monday (March 14) news of the suicide of George Eastman was reported, and this caused Eastman Kodak stock to tumble badly, the stock dropped to 73 34 against the close the previous Saturday of 8134- In the middle of the day there was another depressing influence in the announcement of the defeat of efforts to take the resolution for the repeal of the • Prohibition Amendment of the Federal Constitution out of the hands of the Judiciary Committee. This news caused a crash in the grain market, wheat suffering a decline of nearly 3c. a bushel, and all the other grains also moving lower. Perhaps the appearance of the annual report of the United States Steel Corp. also served as a further weakening influence in the stock market. This contained nothing new, the exhibit for the December quarter, made public towards the close of February, having indicated the general results quite fully, but the report made a poor showing and emphasis was laid on that fact. On the immediately succeeding days the course of prices continued steadily downward, and the most discouraging feature of all was the fact that the bond market was so extremely weak, even weaker, it might be said, than the stock market. As the week progressed there were further adverse developments of one kind or another which served to intensify the prevailing depression and to induce further selling and further liquidation. As one illus¬ tration may be mentioned the reduction in the dividend on the common stock of (R. H.) Macy & Co. on March 16 from 75c. a share to 50c. a share, which occasioned a sharp decline in that stock. weak most of the The railroad stocks were especially time, and the passing of the diyidend on REVIEW Baltimore & Ohio preferred shares served to accelerate the downward movement of the whole railroad list. The heaviness in the railroad list gave rise to fears that some hitch had developed in the plans for the relief of the railroads, and the break in the railroad list was really the signal for the further downward plunge in the market on Thursday morning March 17. Later in the day, however, rumors spread through the financial district that the conflict with reference to the policy to be pursued by the Reconstruc¬ tion Finance Corporation had been harmonized and that loans to needy carriers would be granted on a liberal scale. The market then completely reversed its course and recovered the whole of the losses sustained in the early part of that day. The railroad list now was as strong as it had previously been weak, and stocks now spurted up with great rapidity. A very good showing of net earnings by the Chesapeake & Ohio, as far at least as the net results are concerned, helped the upward movement along. The further reduction in the discount rate of the Bank of England from 4% to 334% on March 17 was doubtless a further contributing factor. The next day however the market again turned lower. On Monday, March 21, the rubber market was upset by official announcement Dutch to reach that efforts of the British and the agreement for restriction of output had ended in failure. Record low prices around 3c. a pound for the nearer rubber options were established. On Mar. 22 and March 23 a sharp break in the price of wheat again served to upset the market, wheat on March 23 for the March de¬ livery dropping below 50c. a bushel, or, to be precise, to 49%c., on the news that the Farm Board contemplated selling some of its wheat abroad, though without engaging (as the trade was later assured) in any dumping process, an the purpose being to find new markets and not to enter ex¬ isting markets for wheat. On March 24 a rise of 7o. in sterling exchange on London was a favorable feature, but this was offset by the dulness of the market due to the im¬ pending Good Friday holiday, many traders contemplating being away on Saturday as well as on Friday, although the Stock Exchange was open for business in the usual way on that Saturday. An increase of 15c. a barrel in Mid-Conti¬ nent crude oil prices, effective April 1, was without response on the part of the oil stocks. The remainder of the month the market was largely under developments in Congress in its con¬ sideration of the tax bill for providing new sources of revenue to take care of the Federal Government's huge budget deficit. As stated, the Stock Exchange was open on Satur¬ day, March 26, after the Good Friday holiday. In the inter¬ val between Thursday and Saturday the House of Represen¬ tatives had rejected the proposition for a sales tax on which the House Ways and Means Committee had counted for nearly $600,000,000 of new revenue, and had also voted down a proposal offered from the floor of 2%% beer, which might have yielded considerable revenue (the one proposi¬ tion on Thursday and the other on Friday), and everything the influence of the seemed to be in for a state of chaos with reference to the means balancing the budget. On the same Friday a report was issued by the Swedish Government committee investi¬ gating the affairs of the Kreuger & Toll Holding Co., which indicated that the liabilities of this vast undertaking ex¬ ceeded its resources; this naturally occasioned further ex¬ tensive selling of the securities connected with th^t concern,, dealt in on the New York Exchange. The shares dropped below 1, selling down to while Kreuger & Toll deben¬ tures declined 834 points net to 15 after setting a new low at 15. International Match participating pref. dropped 1% points and closed at 4, after setting a new low at 324, while International Match convertible 5s closed 7 points lower at a new low of 21, while the 5s of 1947 dropped 7 24 points net to a new low at 2034. The Swedish committee made it clear that if Kreuger & Toll were now to be liqui¬ dated, "it is not certain that its assets would be sufficient to cover its liabilities." j In other words, the hope of the in the market value of Kreuger & Toll. This, and the de¬ pressing news from Washington, caused general weakness on the New York Stock Exchange, and declines ensued running as high as 434 in the case of the active specialties, the 434 security owners lay in a recovery the securities held by ?oint & Tel.occurring in the drop On Monday, 'el. of the shares of American case March 28, the market took a. the proceedings on the tax bill the previous Saturday having shown that both the Republi¬ cans and the Democrats were still engaged in ripping the tax bill to pieces and were flaunting responsible leadership with utter unconcern. On Tuesday, March 29, somewhat of a rally developed as it appeared that the Congressional insur¬ gents were becoming more tractable in their treatment of the tax problem. However, there were some weak features, nevertheless. Thus, sharp declines were witnessed in all. securities of the Int. Tel. & Tel. Corp. and the Postal Tel. & Cable companies, coupled with news of a break in L. M. Ericsson Telephone stock in Stockholm. There were rumors of a selling of Kreuger & Toll holdings in Int. Tel. & Tel. for which apparently there was no foundation, since no Int. Tel. & Tel. shares had yet been delivered under the Ericsson transaction; furthermore, so long as the Swedish moratorium lasted, there probably was no one in the Kreuger & Toll Co. who could sell any of its securities. It also hap¬ pened that the foreign exchange market showed heavy de¬ clines in the case of sterling bills on London and also in the case of several of the other European exchanges. Cable. further downward turn, MONTHLY on London rose from $3.69% on Friday, March 25, $3.83% on Monday, March 28, and now there was a drop back to $3.77 on March 29 and a further drop on March 30 to $3.72, with a recovery, however, on March 31 to $3.82%. The weakness in the foreign exchanges seemed to grow out of rumors that the United States might be forced off the gold standard, the talk to that effect this time being related to the difficulties that were being encountered in getting a bill through Congress for balancing the Federal budget. One depressing feature on March 30 was that the "Iron Age," in its weekly issue, reported a further decline in steel operations of 3 points to only 22% of capacity. U. S. Steel pref. declined to 88%, the lowest level since 1908. On March 31 the market fell into a complete collapse, with prices tumbling from 1 to 7 or more points, owing to the approval by the House of Representatives of an in¬ creased tax on stock sales, this tax being now raised to % of 1% of the value of the stock, but in no case less than 4c. a share, against the present flat rate of 2c. a share. This was looked upon by dealers as close to confiscatory. The break was considered all the more noteworthy in view 11 REVIEW transfers short interest that existed, which latter the fact that after the close of trading speculators short of the market had to pay a large premium in borrowing stock in the case of quite a number of shares. U. S. Steel common, Westinghouse Electric and American Tel. & Tel., for instance, commanded a premium of % of 1%, which meant $50 a day for 100 shares. This may have been due in part to the fact that from that day on Stock Exchange commission houses, before lending the stock of their margin customers, had to obtain "separate authoriza¬ tion" for so doing. Previously a blanket clause in the agree¬ of the very large was reflected by ment between customer and broker was the sufficient to cover hypothecation of the customer's stock. general trend of prices was towards lower levels, a few of the active specialties suffered larger declines than the general list. American Tel. & Tel. was one of these. It fell from 135% March 5 to 109% March 31 and closed March 31 at 110%. It has already been indicated that all the securities with which the name of Ivar Kreuger was lending or While the associated suffered complete collapse. U. S. Steel common 51% March 7 to 38% March 31, with the close March 31 at 39. Auburn Auto dropped from 101% sold down from March 11 70 March 31 to and closed March 31 at 72%. General Motors declined from 22% March 3 to 28 and closed March 31 at 15%. 15% March People's Gaslight & Coke of Chicago fell from 101 March 8 to 84% March 28 and closed March 31 at 84%. Western Union Telegraph declined from 47 March 8 to 35 March 31 with the close March 31 at 35%; and Westinghouse Elec& Mfg. fell from 33% March 3 to 22% March 30 with the close March 31 at 23%. Allied Chemical & Dye declined from 87% March 8 to 73% March 28 and closed March 31 at 74%; American Can from 73% March"8 to 60% March 31 with the close March 31 at 61%; Case Threshing Machine from 39 March 7 to 31 % March 28 with the close March 31 at 32%; Consolidated Gas (N. Y.) from 68% March 8 to 57% March 31 with the close March 31 at 58%; Eastman Kodak from 84% March 7 to 72% March 31 with the close March 31 at 73; E. I. DuPont de Nemours from 58% March 7 to 45% March 31 with the close March 31 at 45%; North American from 39% March 3 to 30 March 31 with the close March 31 at 30%. In the railroad list Atchison was a weak feature most of the time and declined from 88 March 5 to 63 March 31 with the close March 31 at 63%. sold down from 33% March 8 to 25% March March 31 N. Y. Central 31 and closed 25%; Union Pacific touched a high of 87% low of 68% March 31 with the close March 31 at 68%; while in the case of Southern Pacific the range was from 28% March 3 down to 18% March 31 with the close March 31 at 18%. Altogether 444 stocks on the New York Stock Exchange reached new low levels for the year during the month and 361 stocks touched new high levels. On the Curb Exchange 249 stocks touched new low levels during the month and 183 stocks new high levels. Dealings on both ex¬ changes were only moderately large in volume with sales on the New York Stock Exchange aggregating 33,031,499 shares, which compares with 65,658,034 shares in March 1931; 96,552,040 shares in March 1930 and 105,661,570 shares in March 1929. On the Curb Exchange the sales aggregated 4,524,072 shares, against 14,089,000 shares in March 1931; 27,294,900 shares in March 1930 and 32,058,800 at March 5 and bond case Martha 31. Highest. First Liberty Loan— i 97«3j Mar 2 1002»i Mar31 99103» Marl 5 100lesiMar23 1.0*33 a9918ai 100»M 8%B. 1932-1947 992S3j Mar 2 10021si Marll 100*33 98"3J First 4s, 1932-1947 First 4Ks, 1932-1947 699**33 Fourth Liberty Loan— 16. Mar 8 101«3i 99«3i 9823« 103 100*33 Mar 9 Marl2 97*33 97*« 9612si Mar 2 94 93>«m Mar 3 9512»i Mar 9 94**33 90 Treasury 3%B. 1940-1943... Treasury 3%b, 1941-1943... Treasury 3%b, 1946-1949— March 100**33 Mar22 100 102"siMar28 103 20»a MarlO 100 <31 Treasury 3^8, 1943-1947... Treasury 3s, 1951-1955 a Mar 2 101 100»,i 10333j 4%b of 1933-1938 Treasury 4Kb, 1947-1952. Treasury 4s, 1944-1954 Treasury 3%b, 1946-1956.— 88»i« 90»<>ii Marll 96*33 MarlO 89*33 Mar28 95*JI 94 <sa 95 <3i 94*ji Mar28 96*33 91 "31 90 Mar28 95 921*33 Marl 4 Mar 2 94**33 Mar 9 91*33 6 March 28. Closing Opening Price Railroad and Industrial Bonds. Mar. Atch Topeka & 8 Fe gen 4s 1995 Atlantic Coast Line 1st cons 4S--1952 Baltimore & Ohio 1st gold 4s 1948 Mar. 31 Lowest. 87 M ser A 85 % Mar 11 c74M Mar 31 68 77 Mar 31 Mar 86K 77% 86 % Mar 78 57 41H Mar 78 % Mar 68 86# Marll 77 68 54% Mar 31 69 60 % 60 66 % Mar 54% 60% 28% 82M 38 M 1975 29 1949 669 M 43 H —1967 Mar 29 28 M Mar 31 22 Mar 31 64 M Mar 30 30 Mar 31 Mar 30% Mar 34% Mar 71% Mar 14 46 22 f64% 30 Mar 43 M 31 Mar 31 45 % Mar 70 % 47 M 1975 Great Nor gen 4%b series E—1977 Illinois Central C St L & N O 5sl963 Kansas City Sou ref & Imp 5s—-1950 Lehigh Valley (Pa) 91 77% Mar 30 77% Mar 31 38 M Mar 26 63 M 1977 Erie ref & Imp 6s of 1927 Ref & Imp 6s of 1930 85 % Mar 28 81M .. Chic & N W conv 4%b ser A C C C & St L 4 Hs series E 1932. Highest. fl81M Convertible 4Mb i960 Boston & Maine let 5s —1967 Ches & Ohio ref & Imp 4%b B—1995 Chesapeake Corp conv 5s 1947 Chic Milw & St P gen 4s ser A. 1989 C M St P & Pao 58 Price Range for March. 1 1932. 64 Mar 28 74% Mar 11 38 % Mar 30 47% Mar 08% Marll ' ff64 39 62M Mar 31 668 31 02% 2003 55 45 Mar 31 56 Mar 9 45 adj 5s..—.1967 Missouri Pacific gen 4s 1975 54 36 % Mar 29 20 Mar 31 59 Mar 9 40 35% Mar 3 Mo-Kan-Texas gen 4s cum 33% N Y Chic & St L 4Kb series C—1978 N Y N H & Hartford 1st & ref 4%b '67 20% 34 M 673 M 30 Mar 31 40 Mar 10 30 66 Mar 31 75 Mar 10 66 Mar 22 53 65 N Y Ont & Western ref 4s 1992 49 M 49 Mar 55 Pennsylvania RR deb 4%b 1970 69M 65 Mar 28 73 Mar 11 St Louis-San Francisco— General 4s series A 1950 29 M 22 Mar 28 32 Mar 3 22% Con 4 % s series A Southern Ry gen 4s series A 1978 22M 17 Mar 28 26 Mar 3 17 1956 46 M 36 Mar 28 48% Mar 2 87% Western Maryland 1st 4s 1952 59 54 % Mar 29 00% Mar 4 50% Allegheny Corp coll tr 5s Mar 31 19 1949 28 15 M Mar 31 2030 Brooklyn Union Elev 1st 5s 42 32 M Mar 18 74 M Mar 2 34% Marll 19 30 % Mar 44 % Mar 15X 82% 9 7 79 Mar 18 076 ...1941 90 88 Mar 2 97 Mar 29 097 conv 6s 1940 83 78 Mar 31 86 Mar 9 78 2 56 Mar 12 62 674 M 1950 Central Steel 1st 8s Dodge Bros equip 31 1944 Collateral and conv 5s American & Foreign Power 5s Internat Paper 5s series A 1947 52 51M Mar Int Tel & Tel conv deb 4%b 1939 53 31 Liggett & Myers Tobacco 7s 1944 6118 Paramount-Famous-Lasky 6s 1947 52 M Warner Bros Pictures 6s 1939 31M Mar 29 3 55 % Mar 35% Mar 16 n 15% 115% Mar 26 119 42 Mar 26 60% MarlO 24 Mar 30 42% 33 % Mar 3 24 8 Foreign Bonds— 13 Mar 1957 58-M 50 H Mar 29 68 Mar 11 / 7% S52 -1959 58 M 1962 53 % 50 % Mar 29 Mar 23 46 67% Mar 12 59 % Mar 11 47% 1955 55 55 Mar 1 Anfloquia (Dept) 7s series A Argentine (Govt) 6s series A 6s of June External 5 Ms Australia 5s of 1925 7% Mar 30 d 12 1945 1925 —1957 54 % 54% Mar 1 61% Mar 61% Mar External 4Mb of 1928 Berlin (City) ext s f 6s -.1956 49 49 1 56 1958 25 Bolivia (Republic) ext 7s —1969 5M 20 % Mar 29 5 Mar 31 -.1947 a8 M 24 7 % Mar 22 23 Mar 1 External loan 5s of 1927 External 8s Brazil external 8s 1941 Mar 6 Mb of 1927 Brisbane (City) 5s 1957 1957 o43 40 Mar 31 Sinking fund 5s .1958 39 39 Mar 1 1 19M Chile (Republic) 19% Mar 1 Mar 7 13% Mar 8 Mar 1 15 4 Mar 24 23 % Mar 31 23% Mar 28 65 Mar 9 58% 44% Mar 9 13 7 012 « 55% Mar 11 55% 1965 1958 38 M 11 1957 50 M 32}* Mar 22 10}* Mar 23 50% Mar 1 1958 50 50 Peru (Republic) sec skg fd 7s.-.1959 External 6s I960 el2 2. March 7 Mar 12 38 54% /11.1 J 5%; Mar 4 12% Mar 11 6% Mar 2 70% Mar 1 88 60 % Mar 1 12 Mar 12 69 Mar 23 65 18 18 Mar 1 fl2 17% 1946 c 58 Mar 12 70 M -—1946 1946 3. 1 Mar 00% 1947 6 March Mar 10 Mar 31 18 Mar 2 10 Mar 12 42 10N Mar 24 5% 6 Queensland (State) external 7s—1941 March 23% 40 040}* 12N Mar 24 New South Wales (State) 5s 15 5 7% 26% Mar 56 a 31% Mar 11 25 % Mar 7 48 % Mar 8 48 % Mar 8 12 22 Uruguay (Republic) 8s.- 2 22 7 12 61 Rio Grande do Sul 8s Mar 8% Mar 6 12 1949 External 6s 28% Mar 10 , 00% 54% 12 German (Republic) 7s German International 5Ms.Mlnas Geraes (State) 6 Mb Rio de Janeiro (City) 8s 3 Mar 52 60 12 21 External sinking fund 5s 4 3 al2% 6s Sept 1961 External sinking fund 6s '1963 External sinking fund 6s 1960 Colombia Mtge Bank 7b of 1927.1947 a47% 4. a40% Mar 26 50 d March 5. e March Mar 23 7. 79 / March ^ . £ 30. 0 March 29. market, of Ui VOLUME OF BUSINESS Month of March— as ON THE 1932. Stock sales—No. of shares 33,031,499 Bond sales (par value)— $ independent strength and yet even in that case there was a shading of prices the latter part of the month, this being due to the difficulties encountered in putting through new tax legislation but also to the rapid growth of the movement for a further solider bonus to the full extent of the face value of the adjusted service certifi¬ cates, which would call for a new outlay by the U.S. Treasury to amount of over $2,000,000,000. In the following table we show the fluctuations during the month in the different issues of United States obligations and also in a large list 1930. 1929. 96.552,040 105,661,570 $ $ Total bond sales 250,900,700 242,665,000 344,369,800 210,517,000 Jan. 1 to March 31— 99,110,149 172,343,252 226,694,430 294,436.250 $ % 536,111,000 429,515,000 State, municipal and foreign..190,082,000 193,496,500 181,381,500 162,311,050 United States Government 177.343,450 45,814,050 30,910,300 35,116,600 Stock sales—No. of shares Bond sales (par value)— $ $ Railroad and miscellaneous...397,095,500 449,046,000 764,520,950 688,356,550 748,402,800 626,942,650 Total bond sales VOLUME OF BUSINESS ON THE CURB EXCHANGE. 1932. 4,524,072 Stock sales (No. of shares) Bond sales (par value)— $ 1931. 14,089.000 $ 1930. 27,294,900 $ 91,972.000 5,083,000 7,702,000 Foreign Government Foreign corporate 71.231,000 2,408,000 3,419,000 85,684,000 2,529,000 4,923,000 Total bond sales 77,058,000 1929. 32,058,800 $ <4 47,315,500 3,011,000 4,005,000 93,136,000 104,757,000 Domestic Jan. 1 to March 31— 13,611,274 Stock sales (No. of shares) (par value)— Bond sales $ 35,377,137 $ ^ r rf62,033,275 105,942,350 $ $ 188,334,000 224,700,000 174,728,000 159,997,500 6,863,000 6,739,000 12,013,000 10,727,000 9,146,000 11,313,000 13,985,000 10,666,000 Domestic Foreign Government... Foreign corporate Total bond sales 54,331,500 • —.204,343,000 242,752,000 200,726,000 181,390,500 THE MONEY MARKET DURING MARCH 1932. There was continued manifestation of ease in the New during March, without any especial developments bearing on the course of the money York money market likewise of foreign new $ miscellaneous—133,785,500 159,978,500 252,335,000 145,481,500 64,974,500 74,028,000 77,569,000 53,108,000 United States Government 52,140,700 8,658,500 14,465,800 11,927,500 of railroad and industrial bonds and a considerable number bond issues. 65,658,034 EXCHANGE. State, municipal and foreign.. S. Government securities which most of the time showed STOCK 1931. Railroad and Month of March— already indicated, except at the beginning of the month was weak in common with the stock market and often even weaker, though this does not apply in the Sale Lowest. a shares in March 1929. The Last 1932 Sale March 1. R. H. Macy & Co. tum¬ bled from 57% March 8 to 36% March 28, the reduction in the dividend rate being one of the factors in the collapse. During March Range First Government Bonds. to REVIEW MONTHLY 12 Review" New assets, and to that extent was to York Federal Reserve Bank, issued under date of April 1, out that "the most important new development points in the situation. The "Monthly ^ of the be regarded as a proper the normal and had grown up that found its development in the process of adjustment to away from the unsound conditions which during the period of speculative expansion culmination in the stock market collapse in banking situation during the past month (March) has been a considerable reduction in the indebtedness at the Reserve banks of member banks outside of New York. Member the autumn of 1929), the following further explanation is vouchsafed: "These developments have retarded, although they have banks in many communities were forced to borrow heavily Reserve banks last autumn, due partly to with¬ yet stopped, the decline in bank deposits. During the weeks ended March 23, the total loans and invest¬ from the not drawals of currency by their depositors, and partly to a per¬ sistent flow of deposits to New York which continued in the four 1932, so that indebtedness of these banks rose further in January and February to above $800,000,000, the highest level since 1929. Such a volume of indebtedness at any time exercises a restraining influence on the banks, and, under present conditions when all banks are striving to attain a liquid position, it constitutes a heavy burden and has a tendency to create considerable pressure toward decline of about $200,000,000, weekly reporting member banks showed a further notwithstanding large pur¬ chases of Government securities on March 15, and the net demand and time deposits of these banks showed an ac¬ ments of early part of companying reduction of approximately $170,000,000. The return flow of currency, disbursements by the Treasury for Government expenditures, and Reserve bank purchases of Government securities all have tended to increase bank deposits, but their influence has been more than counter¬ balanced by the reduction in deposits which accompanied the decline in loans and investments other than Government the limitation of credit." The reference here is to the fact that the discount holdings of the 12 Reserve banks in the period from Feb. 17 to March 30 were reduced from $845,781,000 to $633,255,000. In its analysis of the situation the New York Reserve Bank goes on to say that "the reduction during the past month, which has amounted to about $180,000,000, may be at¬ tributed in part to the indirect effects of purchases of United States Government securities by the Reserve banks, and in part to the return flow of currency to the banks." In speaking here of the part played by purchases of United States s Government securities by the Federal Reserve banks, the Reserve officials show the same fondness for reversing the order of things that has been noted many times in the past. They undertake to convey the impression that these purchases of Government securities, which have been very heavy in recent weeks, served to enable the member banks to reduce their indebtedness, which is the reverse of the truth, inasmuch as what happened has been that the member banks were able independently to contract their borrowings at the Reserve institution, and as this involved (owing to the reduction of the discount holdings of the Reserve institutions) a contraction in the volume of Reserve credit outstanding, the Reserve authorities under¬ took large purchases of United States Government securities with the idea of keeping close to the same amount of Reserve credit outstanding as before. Diminution in member bank borrowing preceded the huge additions to the holdings of United Government securities. States ceeded week after week, the Reserve clined. In other words, as far reflected as an the im¬ provement in the general banking situation, it came about independently and wholly without any relation to the purchases of United States Government securities. These purchases were made so as to prevent, as far as possible, a contraction in the volume of Reserve credit outstanding. For the benefit of the student, it is well to place the relation¬ ship of the two events in their proper juxtaposition. In continuing its narrative the New York Reserve Bank goes banks. March The official the January." call loan rate on the New York Stock official rate (even at the middle of the month, when often there is a considerable dislocation of funds, arising out of Government financing and the large income tax payments). during the greater part of the month was of 1%, the outside rate being generally while in the closing week of the month the concession increased to Y of 1%, loans then being obtainable on the outside at 2%, and in considerable amounts, too. In The concession from the official rate the time loan branch of the market little or no business was previous months, virtually no demand for accommodation of that kind and quoted rates for time loans were almost entirely nominal; but these done, there being, as in nominal rates were so many twice reduced—first March 2, from on of 33^@3%% to 3@33^%, and on March 21 to 2% @3% for all dates. a range The demand for commercial paper was active all through all times inadequate to requirements. The New York Federal Reserve Bank says that dealers' sales of paper continued to be in limited volume during March, although distribution of paper became And this has pro¬ member bank indebtedness in reporting the of Exchange there was no deviation at any time during March from the 2^% rate prevailing for so long, this having been the charge both for new loans and for renewals throughout the month. Outside the Stock Exchange, banking funds were all the time available at some concession from the the month, with supplies of paper at as the Federal Reserve banks. on In The two events reduction holdings and of $550,000,000 in banks adding to their member bank borrowing again and again de¬ were concurrent, but purchases of Government obligations followed the shrinkage in discount holdings and in the holdings of acceptances (which latter were also heavily reduced) instead of the expansion in the holdings of United States Government securities having enabled the member banks to cancel their indebtedness to holdings security reduction in deposits, however, is considerably less than the reduction of nearly $540,000,000 in the previous month, j The principal somewhat wider as the month progressed. factor restricting the sales volume, it is stated, was the new paper being created by the type of concern which is able to finance through the open market. Quotations for choice names of four to six months' maturity were a trifle lower the latter part of the month at 3 Y @3 3^ %. Names less well known commanded 3 % @4 Y % • Some very high class 90-day paper transactions were occasionally reported at 3%. Reports to the New York Reserve Bank from the dealers showed only $103,000,000 of commercial paper outstanding on Feb. 29, this comparing with a revised total of $108,000,000 outstanding at the end of January and with $315,000,000 at the end of February in 1931. small amount of , DAILY RECORD OF TIME LOAN RATES. to say: Government securities necessarily were conducted largely in New York, but the funds paid out were widely distributed through Treasury transfers of funds to other parts of the country to cover pay¬ ments of loans made by the Reconstruction Finance Corpora¬ tion, as well as ordinary Government expenditures. Through this process many member banks obtained funds with which to reduce indebtedness. The result is in accordance with the usual effect of security purchases by the Reserve banks; an increase in Government security holdings does not ordinarily increase the total volume of Federal Reserve credit, but rather helps to reduce the dependence of the member banks and of the acceptance market on money bor¬ rowed from the Reserve banks, and so to promote easier banking conditions. "The return flow of currency to the banks has proceeded at a fairly steady rate of at least $25,000,000 in most weeks, after allowance is made for seasonal variations in the demand "Federal Reserve purchases of for currency, and in the seven weeks ended movement totaled around $165,000,000. March 26 the This flow of into the banks, together with the operations of the Reconstruction Finance Corporation, undoubtedly has currency Rates on Mixed Collateral. March 30 Days. 1 i- 2 3 4 60 Days. 90 Days. 4 Months. 5 Months. 6 Months. 33*@3^ 3 @33* 3 @33* 3 @33* 33*@3 H 33*@3J* 33*@33* 3 33*@33* 3 @33* 3 @33* 3 @33* 33*@33* 3 @33* 3 @3H 3 @334 @33* @33* @33* @33* @33* 3 @33* @3>* @334 @33* @33* @33* @33* 3 @33* 3 @33* 3 3 3 3 @33* 3 @3}* @3>* @33* @33* Satur day 6 Sun day 7 8 3 3 t 9 3 10 3 11 3 3 @33* 3 3 @3 3 3 @33* 3 @33* @33* @33* 3 3 @3*4 @33* @33* @33* @33* 3 @33* @33* 3 @3 3* @33* @33* 3 3 3 @3 3* 3 @33* 3 @33* @33* @33* @33* @33* 3 3 3 12 13 V 14 .i'-w.,*. 3 15 3 16 3 17 3 18 3 • " 1 @334 @33* @33* @33* @33* 3 3 3 3 3 @33* @33* @33* @3}* @33* Sun day 3 @33* @33* 3 @33* @33* 3 @33* 3 3 @33* 3 3 3 3 20 21 2%@3 22 2%@3 23 2%®3 24 2%@3 2M@3 25 25*@3 2%@3 2M@3 2M@3 2M@3 26 2M®3 2?*®3 2M@3 23* @3 2M@3 27 smallest number in many 30 part was in insufficient supply, whereas a considerable part at liqudation and closing out with the elimination of frozen and ineligible least could be ascribed to tbe of old accounts 31 of the month closings were nearly equaled in number, and were considerably exceeded in the amount of deposits involved by reopenings of banks previously closed." Some weakness in the theory being still apparent, such as the fact that the deposit of member banks continued to shrink (which shrinkage, in the current discussions, had been referred to as an indication that member bank credit 3 @33* 3 @33* 3 3 @33* @33* @33* @33* @33* 3 3 3 3 23*@3 2% @3 2% @3 23*@3 2% @3 2?*@3 2?*@3 2% @3 23* @3 23*@3 2% @3 2J*@3 23*@3 2 J*@3 23*©3 23*@3 2?*@3 23*@3 Sun day 23*©3 latter @33* @33* @33* Satur day 23*@3 the 3 Sun day 2?*@3 2M@3 In 3 Satur day 2M@3 months. 3 19 2%@3 2M@3 2%@3 the 3 @3 2%@3 to 3 3 29 in March 3 3 28 reduced 3 Satur day strengthened the position of many banks, and bank closings were 3 5 The 2%@3 23*@3 23*@3 23*@3 23*@3 23*@3 23*@3 23*@3 23*@3 23*@3 23*@3 2?*@3 in money found strongest expression in market. Here rates were marked down during the month. On March 1, rates were reduced Y of 1% on bills running from three to six months. They were again reduced on Friday, March 11, when 30day, 60-day and 90-day bills were lowered by Y of 1 %• On March 22, there was a further reduction of 3^ of 1% on all maturities, bringing the rates down to 2 Y% hid, and 2%% asked, for bills running from 30 to 90 days, to 2^ bid, and 2Y% asked, for 120 days, and 2% bid, and 2% asked, for the growing acceptance several times ease 13 MONTHLY REVIEW bills Immediately after the running for 150 and 180 days. close of the month, that is, on April 1, rates were further reduced of 1 % on all maturities. The acceptance holdings dropped from $137,584,000, March 9 to $66,362,000 March 30, but their holdings for their foreign correspondents increased from $311,640,000 March 2, to $335,425,000 March 30. According to an announcement made by the American Acceptance Council on March 16, the volume of bankers' acceptances outstanding on Feb. 29, was smaller by $41,674,522 than the total at the end of January, that is, the amount was down to $919,391,880. Twelve months before on Feb. 28 1931, the agrgeate was $1,519,857,484, showing a contraction during the year in the large sum of $600,465,604. The American Acceptance Council explained the shrinkage as follows: Contributing to this decline, the total of bills drawn to finance goods stored abroad or shipped between foreign countries is now less by $259,400,000, export bills are off $203,300,000, import bills are off $69,600,000, dollar exchange bills are off $45,000,000, domestic shipment bills are off $16,500,000 and bills to finance goods in domestic warehouses are off might also make some alteration in its rate, but it was unchanged at 3%. RATES FOR MONEY AT NEW left YORK. of the 12 Reserve banks Week Ended— March Call loans on Range for week (mixed & Thus it is clear that the two major causes of the 2X@2X 2X@2X 2X@2X 2X@2X 2X@2X dustrial collateral) Time loans (mixed & Indus, coll.): our export trade 3®3X 3@3X 3@3X 3@3X 3@3»A 3®3% Ninety days Four months... Five months Six months 1231283154970632054 2103769584 77% of the total decline. The New York Federal Reserve Bank in discussing the bill market said: "During the first part of March, the investment demand bills diminished, with the result that dealers' port¬ increased somewhat, and offerings of bills to the Reserve banks increased between March 2 and March 9. for folios succeeding week, dealers' sales were stimulated by around March 15, as well as by foreign buying through the Reserve bank, and the supply of bills was reduced as the banks retained newly created bills. Con¬ sequently, dealers' portfolios were reduced substantially, and open market rates for bills maturing within 90 days were reduced on March 11, following a decline of %% in bills of longer than 60-day maturity on March 1. "For the balance of the month, the demand for bills was large relative to the amount of bills being released to the discount market by accepting and discounting banks, and dealers were unable to fill orders. A further reduction of the local bank buying Y%% in dealers' rates for all maturities of bills was effected March 22, bringing the offering rate for 90-day unindorsed bills to 2%%y the lowest since the middle of last October, and on March 25 the buying rate of the New York Reserve Bank was lowered to 23^% for indorsed bills not exceeding four months maturity. Following the increase in the first reporting week of March, Federal Reserve holdings of pur¬ chased bills declined steadily and on March 30 amounted to only $66,000,000, the smallest volume since last August." on Double and single names— Prime 4 to 6 months Secured by 30 Days 90 Days 60 Days 120 Days 180 Days 150 Days Bid & Ask Bid & Ask Bid & Ask Bid dk Ask Bid. & Ask Bid dk Ask Accept'ces 1 2X-2X 2H-2H 2X-2X 2X-2X 2H-2X 2X-2X 2H-2X 2X-2X 7 2X~2% 8 2H-2H 2X-2X 2X-2% 2%-2X 2X-2X 2H-2X 2H-2X 2X-2X 4— 5 6 3 -2X 3 -2 H 3 .2X 3 -2 X. 3 -2 X 2X-2X 3 -2X 3 -2X 2X-2X 2X-2X 2X-2X 3 2 2X-2X 2X-2X 2H-2X 2X-2X 2X-2X Saturday 3... 3 2X-2X 2H-2X 2X-2X 2H-2X 2X-2 X 2X-2X 2X-2X Saturday 2... 3 -2X ~2X -2X ~2X ~2X 02X Sunday 9 10.... 11.... 2X-2X 3 3 H~2X 2X-2X 3 3 ~2X 3 -2 X 3 3 -2X ~2X 3 -2 X ~2X -2X ~2X Sunday 14.... 2K-2X 2X-2X 2H-2M 2X-2X 2X-2X 15-... 16w 2X-2X 2X-2X 2X-2X 2X-2X 2X-2X 2X-2X 2X-2X 2H-2H 2X-2X 2H-2X 19.... 20.... 3 3 3 3 2X-2X 2X-2X 2X-2X 2X-2X 2X-2X 3 2X-2X -2 X 2H-2X 2X-2 H 2X-2X 2X-2X 2X-2X 2X-2X 2X-2X 2X-2X 2X-2X 2X-2X 2X-2X 2H-2X 2X-2X Saturday 2X-2X 2X-2X 2X-2X 2X-2X 2X-2X 2X-2X 2X-2H 2X-2H ~2X ~2X 3,-2 K 3 3 -2X ~2X 3 -2 H 2X-2 X 2X-2 X 2X-2 H 3 Sunday 21.... 2X-2X 2X-2H 2X-2% 2H-2H 2X-2X 22 23. 2X-2X 2X-2X 2X-2X 2X-2X 2 X~2 H 26-... 2X-2X 2X-2X 2X-2X 2X-2X 2X-2X Saturday 27 3 3 r-2X -2X Sunday 2X-2M — 2X~2% 2X-2X 2X^-2% 2X-2H 2X-2X 2X-2X 2X-2X 2X-2X 2X-2X 2X-2X 2X-2X CALL LOANS ON THE NEW YORK STOCK EXCHANGE. March 1932. Low High Renewal 1 2X 2 2X 2X 2X 3 2X 2X 2X 2X Satur day 2X 2X 2X 2X March 1932 2X 2X 8.... 2X 2X 2X 9 2X 2X 2X 2X 2X 2X 2X 2X There 2X 2X 2X 31 2X 2X 2X 2X 2X 2X 2X 2X 2X Holi day Satur day Sun day 2X 2X 2X 2X 29. 30.. 2X2X 2X 2X 2X 2X 2X 2X Renewal 2X 2X 2X 2X 2X High Satur day Sun day 2X Satur day Sun day Low 2X 2X Sun day 6 7.... 2X 2X 2X 2X 2X 2X 2X 2X — . 2X changes during the month in the rediscount the Federal Reserve banks. When the Bank of England made the second reduction of the month in its discount rate on March 17, this time to 3^%, there rates were of 3@3X 3@3X 3@3X 3®3X 3®3X 3@3X 3®3X 3@3X 3@3X 2X 2X 2X®3 2%@3. 2H@3 2%@3 2X©3 2%®3 2X@3 2H @3 2X®3 2% @3 2X®3 2%@3 . . 1 THE RETURNS THE OF FEDERAL RESERVE AND MEMBER were no any of expectations that the New York Federal Reserve Bank The feature March was of the Federal the diminished Reserve statements during borrowing of the member banks, represented by the discount holdings of the 12 Reserve institutions, with a concurrent reduction in the holdings of acceptances (dealers finding no occasion for recourse to the facilities of the Reserve banks) and the huge increase in the holdings of United States Government securities, the Reserve authorities having adopted the plan of adding to their holdings of Government securities as their discount holdings and acceptance holdings were reduced; this with a view to keeping the volume of Reserve credit outstanding pretty nearly the same as before. Between Feb. 17 and March 30 the discount holdings fell from $845,781,000 to $633,255,000, and the acceptance holdings from $146,382,000 to $66,362,000. During the same period the holdings of United States Government securities ran up from $741,342,000 to $871,618,000. The increase in these holdings of Government securities extended to all the different heads, though the greater part of it occurred in the holdings of certificates and bills, the amount of which rose from $347,818,000 Feb. 24 to $459,554,000 March 30, while the holdings of Treasury notes rose from $73,497,000 Feb. 24 to $84,397,000 March 30; and the holdings of United States bonds from $319,241,000 Feb. 24 to $327,667,000 March 30. In addition, there appeared in the return for March 16 an item of special Treasury certificates for $32,000,000, these being one-day's certificates issued to the Federal Reserve banks to coyer advances by the latter to the United States Treasury pending the collection of the Federal income taxes due March'15, as but which usually do not reach the Treasury until a day or two later. The item, of course, appeared in only this one March 16. The New York Federal that on March 15 $634,000,000 of Treasury certificates of indebtedness became due and payable, but inasmuch as nearly $500,000,000 were tendered to the Reserve banks in exchange for the new certificates issued, the excess of Treasury disbursements over receipts on March 15 was unusually small for the first day of a Treasury tax period. As a result, the Treasury found it necessary to issue to the Reserve banks a special one-day certificate of indebtedness for only $53,000,000 in order to that is, on Reserve Bank points out CaU Loans 5.... 3@3X 3X®3 H 3X@3X 3X@3X 3X@3X 3H@3X 3%®4 4@4X 3%®4 4@4X 4@4X Good 4 to 6 m onths return; PRIME BANKERS ACCEPTANCES. 4 2X 3@3X 3@3X Commercial paper: reduced activity in the which amounts to more than classes alone amounts to $463,000,000, or 28- 2X 2X Thirty days Sixty days first, the extraordinary $150,000,000 for the 12 months, and second, the practical cessation, since July 1931, of dollar acceptance financing in Europe. The total reduction of bills of these two Mar, indus¬ trial collateral) BANKS—BROKERS' LOANS. bankers' acceptance business in the past year are In April 2 Week's average (mixed and In¬ $6,000,000. drop in 5 March 12 March 19 March 26 Stock Exchange— position for that day. Most of the excess of net redemptions of maturing certificates and interest pay¬ ments over income tax collections on the 15th, and cash balance its cash payments for new certificate issues occurred, it is stated, in New York and was added to the Reserve accounts of the York City banks. Consequently, participations totaling $33,500,000 in the special one-day certificate issued to the Reserve Bank were sold to the New York banks to New provide employment for part of the temporary excess of The participation of the New York City banks was reduced on the succeeding day, and was finally retired on the 17th concurrent with reductions in the special certificate of indebtedness, which were effected through income tax collections and a withdrawal of funds from Government funds. depositaries. Notwithstanding the large addition to the holdings of Government securities, the total of the bill and security holdings (an item which reflects the volume of Reserve credit outstanding) fell from $1,763,500,000 Feb. 17* to $1,578,146,000 March 30. In, the absence of any con¬ siderable amount of gold exports except from earmarked stock, the Reserve institutions were also able to enlarge their gold reserves again. These increased from $2,938,974,000 March 2 to $3,107,757,000 March 30. The volume of Reserve notes in circulation was concurrently reduced, falling from $2,638,488,000 March 2 (and $2,664,003,000 Feb. 3) to $2,546,275,000 March 30. As a result the ratio of total reserves to deposits and Federal Reserve note liabilities combined rose from 68.0% Feb. 24 and 68.1% March 2 to 70.9% March 30. While the Reserve banks suffered a decline in their own holdings of acceptances (the amount having fallen, as already stated, from $146,382,000 Feb. 17 to $66,362,000 on March 30) their holdings for account of foreign central banks, after having fallen from $319,294,000 Feb. 10 to $311,640,000 March 2, increased thereafter and were up to $335,425,000 on March 30. The deposits of foreign banks with the 12 Reserve institutions, ^ MONTHLY 14 the large previous shrinkage, showed further con¬ traction, dropping from $16,392,000 March 2 to $10,874,000 March 23, but then moved up again to $31,249,000 March 30. EEYIEW The after Brokers York of the reporting member banks in New showed unimportant changes during March. loans City continued very small, and after increasing March 2 to $561,000,000 March 16, it $524,000,000 March 23, and was $525,000,000 March steady influx of gold from Indian hoards to London continued and played an important part in restoring the posi¬ tion of sterling, as by the sale of this gold to the Continent the Bank of England was enabled to acquire large balances discharge the credits due to the Federal Re¬ banks and the Bank of France and private banks and with which to The aggregate serve from $495,000,000 bankers in this fell to of The New York Stock Exchange monthly figures showed 30. borrowings by Stock Exchange members March 31 as $533,103,059, which compared with $524,663,758 Feb. 29; $512,017,942 Jan. 31; $587,159,813 Dec. 31; $730,151,908 Nov. 30, and $1,354,067,350 as recently as Aug. 31 1931. COURSE OF STERLING , EXCHANGE DURING MARCH. The feature in the market for foreign exchange during March was the sharp rise in bills on London. On Monday March 1 the price of cable transfers on London ranged between $3.48% and $3.48%; on March 31 the range was from $3.76% to $3.82%, showing an advance of almost 34 cents in the pound sterling. This followed as the result of multiplying evidences going to show steady and very March 2, British affairs. e-eat improvement in Neville Chamberlain, the House of In Chancellor of ommons on the Exchequer, confirmed a report current earlier in the week that the British Treasury on Friday, March 4 would pay $150,000,000 of the $200,000,000 credit supplied by 110 banks and bankers in this country to the British Treasury, the latter part of August 1931. Mr. Chamberlain also stated that the credit obtained at the France had been same time from the Bank of told the House of Commons that the restrictions on the purchase of foreign exchange which were imposed last September at the time of Great Britain's flight from the pound would be withdrawn the same evening (March 2). The restrictions on dealings in exchange had been designed to prevent speculative sales of sterling by British nationals and the flight of capital from England. Actually newspaper accounts said these restrictions , ' were never enforced because the British public took the suspension of the gold standard calmly and made no general attempt to convert its money from sterling into other currency. Towards the end of the month, or on March 28,/ there came announcement of further repayments of the credits previously obtained. On the day named the British Treasury notified participating banks that it would pay off $30,000,000 of the $50,000,000 credit still remaining unpaid of the $200,000,000 total credit obtained the previous August. Similar repayment, the New York "Times" stated, was to be made of the remain¬ ing $20,000,000 due on April 5, though in both cases the credit line would be kept open. As further evidence of .improvement the Bank of England, which on Feb. 18 had reduced its rate of discount from 6% to 5%, on March 10, reduced further to 4% and on March 17 lowered its rate still further to 3%%. As a result of the rapid convalescence of Great Britain, made manifest in so many different ways, there was a re¬ markable return of confidence in the London market through¬ out the world. A steady inflow of funds to the London market occurred, especially from European centers. The flow from Switzerland and Amsterdam London for investment in exceptionally heavy so that Dutch guilders and Swiss francs were at one time during the month quoted at the lowest rates prevailing since the German crisis of last June and the London crisis of September. Previously, since June and especially since September, Swiss and Dutch bankers, like almost all depositors and investors in London, had been making strenuous efforts to sell British pounds. In] addition the Bank of France, as well as French private banks and investors are believed to have been heavy buyers of sterling, thereby further strengthening rates on London. In ordinary circumstances seasonal factors serve to help sterling at this time of the year, and until towards the end of the following August. But while these factors doubtless were present, apparently the predominating influence in the re¬ covery in the price of sterling was the quick return of con¬ fidence on the part of international bankers in the British financial position. On this side of the ocean, also, orders to buy sterling came pouring in to bankers and foreign exchange traders and it would seem that the rate was prevented from sky rocketing even further, only through persistent selling by was official sources market the metal. was in London. Traders stated that the future stronger even than the spot market and stronger the premium seemed to indicate. On March 31, one month sterling was quoted at a premium of % to one cent above spot, while 90 day sterling was quoted at a premium of 2% @ 3c., plainly indicating a belief that notwithstanding the big advance already achieved still further advances were deemed likely. The extent of the demand for sterling and of the flow of funds to London was illustrated by the downward trend of money rates in the open market in London. On March 31, open market discounts for short bills were down to 2 @ 2% % and for three months bills to 2 3-16 @ 2 % % which, compared with 3% @4%%, the rate for short bills on Feb. 29 and 4% @ 5%% the rate at the close of January, and with 3% @ 4%% for three months bills on Feb. 29 and 5 @ 5%% at the end of January. A dispatch from Bagdad to the "Wall Street the rush of lure of the premium now obtainable. Gold coin, rings, bangles and other ornaments kept steadily streaming into the bullion brokers of Bagdad where they were melted down into crude bars for ex¬ port and then sent by airplane to London for refining. It was also stated that the Bagdad broker covered himself by for¬ ward sales of francs or other gold currency while the gold was Journal" stated that the Arabs of Iraq had joined hoarders giving up their gold in response to the in transit. It was estimated that India had sent to London approximately £45,000,000 of hoarded gold up to the end of March. In addition, English private hoarders also continued to sell their gold ornaments and hoarded gold coins to the London bullion dealers. Nevertheless the British authorities continued to act with considerable caution and on March 11 the British House of Commons passed without a division on second reading the bill extending for another year the emer¬ gency act of last September suspending the price fixing provision of the gold standard act. The original period of suspension expired on March 21. There reduced roughly from £20,000,000 to £7,000,000. The £20,000,000 remaining section of the French credit, he stated, was represented by bills that could not be paid off until next August. At the same time he country and in France. Other Eastern hoards gold in the form either of coin or of treasure joined the movement begun in India last autumn to dispose of the metal for the sake of the high premium that could be obtained for were some wide and sudden fluctuations in the sterling rate on London during the month, the Bank of England apparently at times stepping in to prevent too rapid a rise, but the trend remained strongly upward through¬ out, and this followed from the fact that sterling was in great demand at all centers as a result of the complete restoration of confidence in the British financial position. This growth of confidence also led to considerable specula¬ tive trading in exchange to get the benefit of the further advance in the rate that appeared assuredly in prospect. As already stated, the gold arriving from India was resold in London and shipped to Paris for French and other Con¬ tinental accounts. Therefore there the movement in was little or no reflection the Bank of England only slight changes from week to week. In its statement for the week ending March 9 the Bank of Eng¬ land showed a gain in bullion of £2,681; in the week ending March 16, a gain of £5,661; in the week ending March 23, a loss of £51,164, and in the week ending March 30, a gain of £21,878. Canadian exchange continued to rule at a heavy discount, though the discount continued to diminish as the month progressed, the same as in the preceding month, but not in the same pronounced way. The Canadian dollar was quoted at a discount of 9% @10% on March 31, as against 11%@11%% discount on March 1. The Order in Council of last October prohibiting the exportation of gold from Canada except under license expired March 1 without much comment. The Montreal "Gazette," in adverting to that fact in its issue of March 7, remarked that technically Canada was once more on a free gold basis, but actually the situation remained unchanged, as the discount of more than 10% on the Canadian dollar was bearing witness. In the Canadian market there was some mystification, it was observed, as to why the Order in Council was ever resorted to. Before it went into effect Canada had long since given up the free export of gold, effective means being found in one way or another to prevent advantage being taken of the discount in the exchange. Now that the Order had expired the Finance Ministry continued to exercise surveillance over gold movements and no exports could be made except upon express permission—so said this Canadian paper. At the Port of New York $7,000,000 of gold was received from the Dominion of Canada during the month of the returns of which showed of March. Gold exports from the United States during March were a greatly diminished scale, and in fact consisted mainly gold previously earmarked for that purpose, and these exports were to a large extent offset by imports, while in addition a large amount of gold previously under earmark was released, so that altogether the result was a considerable addition to the country's stock of the metal. The New York Federal Reserve Bank summarized the gold movement in and out of the country as follows: "During March there was a steady increase in this coun¬ try's gold stock, and by the close of the month the total was approximately $36,000,000 higher than at the end of Febru¬ ary. Exports, which were composed almost entirely of gold which previously had been earmarked, ceased by the 15th of the month; these exports in the first half of the month totaled $43,900,000, of which $37,500,000 was shipped to France and $6,300,000 to Belgium, leaving less than $100,000 of gold shipped to other countries. Gold imports at New York amounted to $13,500,000, of which $7,000,000 came from Canada, $2,700,000 from Argentina, $2,500,000 from Mexico and $1,000,000 from Brazil; and at San Francisco $2,900,000 was received from China and $700,000 from Australia. In addition to these imports, there was a net decrease of $58,300,000 in the total of gold held under ear¬ mark for foreign account, including both the amount released on of MONTHLY for export and other net releases the employed in this THE market." CONTINENTAL AND proceeds of which were more OTHER particularly in Europe, was month. FOREIGN EXCHANGES. were a feature of the mbnth. in continuation of the same movement the previous We have already referred to the action of the Bank •of England which on Feb. 18 had marked its discount rate down from 6% to 5% now making two further reductions during March—the first on March 10,° in cutting the rate from 5% to 4%, and the second on March 17 in making a further cut to 3%%. The Bank of Norway and the Bank of Sweden which had on Feb. 19 reduced their rate, on March 2 further lowered their rates to 5%. The Bank of Lithuania March 1 reduced from 8%% to 7%% and the Bank of same day reduced from 6% to 5%%. The Rou¬ manian National Bank on March 3 reduced from 8% to 7%. •on Chile the In Germany the Reichsbank on March 8 lowered its discount rate from 7% to 6% and its Lombard rate, or rate for collateral loans, from 8% to 7%. On March 11 the Danish National Bank marked its rate down from 6% to 5% and the Bank of Japan from 6.57% to 5.84% effective on March 12. On March 18 the National Bank of Austria reduced from 8% to 7%, the 8% rate having been in effect since Dec. 11 1931. The Bank of Italy on March 21 lowered its rate from 7% to 6%, since Sept. 28 1931. Exchange • on the 7% rate having been in effect of many London the a lower German rate would have no ill consequences. large vote polled by President von Hindenburg in the German elections on Sunday, March 13, strengthened the mark as well as the other Continental exchanges, though Von Hindenburg did not succeed in obtaining an absolute majority of the votes cast, therefore necessitating a run-off election, which is to take place on Sunday, April 10. His re¬ election obviously will mean the continuation for the time being at least, of the Bruening Government and a strict financial program. of the month that Continental countries were developing strength and this Rumors a were moratorium current the latter part dollar bonds would be on declared, but the German Government officially denied that any change was contemplated in the transfer of interest on foreign loans. The Kreuger & Toll collapse cussion in the suspension on March 23 of the had its reper¬ Indqstrie und Privat Bank, which was owned by the extensive Michael interests. The suspension was attributed to a frozen con¬ dition of Berlin real estate and a drop in the prices of seeuricapitalized at 110,000,000 marks. Difficulty in prolonging loans from the Kreuger interests was regarded as having brought about the bank's troubles. The bank itself was looked upon as a relatively minor insti¬ tution, but its position was taken as indicating the condition of the parent Michael concern of large real estate dealers. ties% The bank was Associated Press advices from Berlin March 30 stated that the Boerse Committee had decided to resume official quotations on the Berlin Stock Exchange on April 12. The Boerse closed during the financial crisis of last summer. re-opened Feb. 25 1932 for restricted trading after having been closed five months. Brokers, however, were prohibited from posting official prices, and the only change It lower the early part of March at a time when the rate of -sterling felt that 15 < The ; Reduction in the discount rates of numerous central banks, indicative of the general improvement in foreign affairs, This REVIEW was was ascribed to the transfer of balances from the Continental that they were permitted to use the Boerse for their operations. The New York Federal Reserve Bank an¬ centers to nounced on the pound was was London, induced by the revival of confidence in sterling, as related in detail above in our dis¬ cussion of the sterling exchange market. The latter part of the month however rates on most of the Continental centers moved upward again, more than recovering the early losses. French francs moved in a very erratic way and reports had it that the Bank of France at times undertook to control the of course exchange and then again would relax its control; also at times by its operations played an important part in affecting the course of sterling rates. The Bank of France continued to dispose of its foreign exchange holdings in all centers, including New York, but there appeared to be no longer a flight of French private banking and invested capital from either New York or London, but on the contrary a flow of French private funds to London developed. Further large shipments of gold from New York to Paris occurred, but these consisted, as already stated, almost entirely of gold which had been previously earmarked. These exports occurred entirely in the first half of the month and the amount totaled $43,900,000, of which $37,500,000 was shipped to France and $6,300,000 to Belgium, leaving less than $100,000 of gold shipped to other countries. The French entirely its own franc most and this of the time followed a course attributed to operations by the New York exchange on Paris, as already stated, moved erratically with some rather sharp fluctuations. Cable transfers on Paris, after selling at 3.94 March 2, were down to 3.91% March 8, but within two days were back to 3.94% March 10, only to dip to 3.91 15-16 March 24 with a quick recovery to 3.94% March 28 and with the range on March 31 3.92% @ 3.94 3-16. The gold export point was figured by bankers as being about 3.9462-85 and it appeared as if whenever the franc closely approached the gold point the Bank of France intervened, being apparently opposed to withdrawals of gold from either New York or London by its nationals on an exchange basis. The earmarked stock was of course unaffected by the rate of exchange. Dispatches was Bank of France. from Paris the latter part of the month said the Bank of was believed now to have terminated entirely, the France liquidation of its own sterling balances and had ceased con¬ verting dollar balances into gold. Some Paris bankers expressed the view that the Bank would avoid drawing further amounts of gold from New York but argued that it was quite beyond its power to prevent hoarded British gold or Indian gold coming upon the London open market from moving on to Paris. In its statement for the week ending March 4 the Bank of France reported an increase in gold holdings of 678,455,409 francs, in the week ended March 11 an increase of 419,535 867 francs, in the week ended March 18 an increase of 351,353,134 francs, in the week ended March 25 an increase of 322,881,413 francs, but in the week ended April 1 a decrease of 45,000,000 francs. Rates for German exchange continued largely nominal owing to the regulations imposed upon dealings by the Ger¬ man Government, but nevertheless the course of the German mark was much like the of rates on the other European evidencing some weakness the early part of the month, then showing recovery and finally shading off again. course centers, Cable transfers on Berlin March 31 were 23.78 @23.82, against 23.79 @23.82 March 1. As noted further above, the Bank of Germany on March 8 reduced its discount rate from 7% to 6% and its Lombard rate from 8% to 7%. The Reichsbank considered the reduction in its discount rate as anjexperiment, designed to help German trade. The low reserve of foreign exchange and the relatively small stock of gold held had made an earlier reduction inadvisable, but after the reductions in the London and other rates it was was on March 4 that in conjunction with other Federal Reserve banks it had renewed for three months its portion of the was $100,000,000 made at the Reichsbank credit. Announcement time that the Reichsbank had repaid 10% of the $25,000,000 due in this country, the extension for three months applying on the remaining $22,500,000. Newspaper had on same accounts March 4 stated that the Reichsbank that day provided the $10,000,000 due to be repaid its $100,000,000 international central bank credit in the on form of New York exchange at the Federal Reserve Bank, which had participated to the extent of $25,000,000 in the credit arranged with it, the Bank of England, the Bank of France and the Bank for International Settlements. The Bank of Germany for the first quarter of March > reported 48,489,000 marks decrease in gold and 3,147,000 marks further loss in the second quarter, with 229,000 marks increase in the third quarter and 1,562,000 marks increase in the final quarter, in which latter period there was the usual large expansion in note circulation, always noted in the closing quarter of the month, the increase this time being 225,177,000 marks. This was after 89,420,000 contraction in note circulation the first quarter, 65,745,000 marks con¬ traction in the second quarter and 107,255,000 marks con¬ traction in the third quarter. Italian exchange held pretty steady, though it took a downward dip the middle of the month, following the news of the Kreuger & Toll disaster, which had a disorganizing being in the case of nearly all the European exchanges. Cable transfers on Italy were at their high for the month at 5.20 on March 8 and touched 5.17% on March 17, with the range on March 31 5.17%@5.18%, against the range on March 1 of 5.18%@5.19%. Prepara¬ tions were evidently under way for bringing out a new domes¬ tic loan in the early future and in authoritative Italian effect for the time circles it ceived at was stated that the Italian Government had assurance home for an that full issue of re¬ subscriptions would be received 1,000,000,000 lire 5% nine-year Treasury bonds to be offered in order to refund 915,000,000 lire Treasury bonds maturing Nov. 15. It was pointed out that the whole Italian policy had been directed toward making Italy independent of foreign markets for govern¬ mental needs, with the result that Italy has only one Govern¬ ment loan abroad, namely, the $100,000,000 stabilization loan. In commenting on this policy last year Antonio;, Mosconi, Minister of Finance, stated: "We decided not to depend upon any foreign loan, convinced as we were that we would be able to depend fully on the Italian investor, and that especially under the present circumstances Italy could and should carry on her own." The same policy, it noted, had been continued since, and in banking quarters said that the fact that Italy had not been dependent upon foreign capital, either short or long term, to any great extent, had been of material assistance in maintaining the was it was level of the lire in recent periods. Associated Press accounts from Sofia, Bulgaria, March 29, stated that Premier Mouchanoff had that night announced that Bulgaria had declared a 50% moratorium on her ex¬ terior debt for six months. The Premier said the rest of the fund usually devoted to payment of the debt would be used to balance the budget. The reduction in payment, it was stated, totaled 91,000,000 levas ($655,000) monthly. Bul¬ garia, it was stated, would try to reach an accord with her bondholders during the six months' moratorium. In exchange on the countries neutral during the war, the noteworthy event of course was the Kreuger & Toll collapse, which for the time being exercised the financial markets. disturbing effect on regarding this grave dis- a very The details ■ ' • ■" A ' EEYIEW MONTHLY 16 set out in the aster have been it must suffice here to say suffered a sharp break on guilders on cable transfers as against 40.29^ @ 40.35K on March 2 sold down to 40.123^ @ 40.16 March 8, then ad¬ vanced to 40.35 @ 40.39 March 15, dropped back to 40.223^ earlier portion of this article and that all the Scandinavian units Monday March 14, following the death by suicide of Ivar Kreuger, head of the world wide Kreuger & Toll interests. Prior to this the Scandinavian currencies had fluctuated widely, though with the trend strongly upward on the steady improvement in ex¬ announcement of the change rates on London, in harmony with which the Scan¬ dinavian units usually move. The death of Kreuger was concealed until after the close of all the markets on Saturday March 12. Cable transfers on Sweden had sold up from 19.25 March 2 to 19.95 @ 20.60 March 8, and was quoted at 20.21 on Saturday March 12, on Monday March 14 the Swedish crown sold down to 19.53. The Swedish Stock 19.23 @ Exchange closed on that day as a precautionary measure. Following the announcement on Wednesday, March 16, that the Stockholm Exchange would reopen the following Monday, quick recovery ensued, and by above 20.00. On March 28, on March 19 the rate was again the continued advance in the sterling rate, the Swedish crown touched a high of 20.95 with March 31 20.30 @ 20.50. Exchange on the other Scandinavian countries followed a closely similar course; their trend was upward along with the sterling rate, except when the Kreuger disaster led to a sharp break on March 14. The Danish crown for instance on cable transfers, after having moved up from 19.183^ @ 19.22 on March 2 to 19.85 @ 20.60 on March 8, and on Saturday, March 12, sold at 20.12, dropped to 19.85 on Monday, March 14. It soon resumed its upward course again, however, in¬ fluenced by the rise in sterling, and on March 29 reached a high for the month of 21.10; the range March 31 was 20.81 @ 21.00. The Norwegian crown on cable transfers after moving up from 18.89 @ 18.93 March 1 to 19.65 @ 20.40 March 8, was quoted at 19.74^ @ 19.81 the day of Kreuger's suicide but sold down to 19.64 on Monday, March 14, and touched 19.38 on March 23 but with the renewed advance in sterling the range on sold up to 20.41 @ 20.85 on March 28 March 31 19.95 @ 20.15. The Swiss and Dutch units were weak and with tihe range the early part of the month, owing to the heavily increased flow of funds from the Swiss and Dutch centers to the London market, but the latter losses and were carried up¬ along with the further upward swing in the pound sterling, but with some shading off at the close. Dutch part of the month regained their ward RATES OF EXCHANGE @40.25lA March 22, but were 40.401/2@40.46 March 28 ranged on March 31 at 40.35 @40.39 3^. Cable trans¬ fers on Switzerland declined from 19.3734@19.39 March 2 to 19.30@19.31 March 8, recovered to 19.38@19.42 March 10, and moved irregularly up and down thereafter, touch¬ and ing a low of 19.273^ March 21 and a high of 19.45 March 28, with the close March 31 19.35@19.423^. The Spanish continued its downward course, though the decline of the month was occasionally interrupted by the continued rise in the sterling rate. The high point for cable transfers on Spain was 7.693^ March 1 and the low point 7.53 March 22 and March 23, with the range peseta the latter part March 31 7.543^@7.57. Exchange rates on South America showed no changes of quotations being largely nominal anyway and with trading practically at a standstill. The Argentine Government arranged to pay off on April 1 $1,000,000 of the $10,000,000 short term notes due on that date and to renew the remaining $9,000,000 for nine months and it was stated that the arrangement contemplated a similar payment of $1,000,000 on July 1 in connection with the maturity on that date of the remaining $10,000,000 of short term notes. The notes were all held by banks. On March 31 the Argen¬ tine Government prohibited sales of all foreign currency drafts and explained, so said Associated Press advices from Buenos Aires, that the measure was taken to prevent speculators from obtaining exchange for private sales higher than the official rates of 3.88 pesos per dollar. The Asso¬ ciated Press further said that the limit on foreign exchange purchases which had been 1,000 pesos daily since Govern¬ ment control was imposed, several months before, had been reduced during the week to 200 pesos ($50). Cable advices from La Paz (Bolivia), March 18 to the United States stated that the Central Bank of Bolivia that afternoon had issued a statement confirming the new arrangement arrived at with exporters and importers for fixing the rate of exchange on London and New York. The statement referred to the brusque alteration in the rate between New York and London on March 7 and its effect on the Bolivian rate as an instance of the necessity of artificially fixing the rate for the Bolivian peso. Chambers of Commerce in several cities, it consequence, ON CONTINENTAL CENTRES. Amsterdam Antwerp Greek Swiss Italian Paris Guilders Belga Drachma Francs Lire Franca Cables Cables Checks Cables Checks 40.25a40.28 1 3.93%o.93»ig 3.9334a .931*18 19.3534ol9.37 19.36al9.37 34 40.21a40.25 40.29 34a .3534 2 3.93%a3.93% 3.93%a3.94 19.36%a.3834 19.37 34 019.39 40,28a40.34 40.23a40.28 34 .27a40.30 3 3.93%a3.93% 3.93%a3.93% 19.33ol9.3434 19.33%al9.35 19.32019.32% 40.20a40.2234 40.23o40.24 4 3.93*iea3.93»i« 3.937i6o3.93% 19.31al9.32 40.18o40.20 40.15a40.19 5 3.93 a8.937i* 3.93 34a3.9334 19.2934a.3034 19.30al9.31 ,17%a.l9% .18%a5.19 .18%a.l8% .1806.18% 18%a.l8% 13.9134a.9234 13.92al3.93 13.92al3.9234 13.92%al3.93 13.92al3.9434 13.92%al3.95 13.9134al3.94 13.92al3.94% 13.91013.9334 13.91 %al3.94 3.93%a .93»H 3.93%a3.94*i« 19.3834a.3934 15 3.93%a.93»*1» 3.93%a3.94% 19.3534o.3834 16 3.93»na.93'*i8 3.93%O3.9434 19.34ol 9.35 34 19.33 34 ol9.36 17 3.93%a3.93% 3.93%a3.94 18 3.93 %a .93"i8 3.93%a .93i«i 19.3334a.34 34 19 3.93 34 a3.93% 3.93%a3.9334 19.32%a19.34 I8a5.19% 40.35a40.39 19.34 34al9.36 40.31a40.35 19.34al9.3634 40.29a40.34 40.35a40.39 40.33a40.36 25 3.91%a3.92% 3.92 a3.9234 16%a.l8%; 5.17%a.l8% 1.28%al .29 1 J28%ol.29 17a5.17% 5.17%a5.18 17a5.17% 5.17%o.l8% 1.28%al .29 17%a.l7%i 5.17%a5.18 1.28%al.29 28%al .29 17%o.l7% 5.17%a5.18 19.28m.2934 19.29al9.3034 40.2034a40.25 40.23%a40.26 13.93ol3.93% 13.93%a13.94 40.22a40.25 40.24%a40.26 13.92%a.93% 13.93al3.94 19.30al9.31 19.293Hft9.30 26 3.92«i«a .93% 3.93*1603.9334 19.34 34a.3734 19.35al9.38 SUN DAY 27 SUN DAY 40.34a40.37 3.93%a3.94% 19.39ol9.44 34 19.40al9.45 40.40a40.43 40.36a40.38 18a5.19% 13.94%a.96% 13.95al3.97 5.18%a.l9% 1.28%ol .29 1.28%al.29 28%al .29 1.28%al.29 1.28%al.29 1.28%al.29 1.28%al.29 SUN DAY SUN DAY SUN DAY SUN DAY 1.28%ol.29 1.28%al.29 1.28%al.2§ 1.28%al.29 1.28%al.29 1.28%ol.29 SUN DAY SUN DAY SUN DAY SUN DAY SUN DAY SUN DAY 40.24a40.28 34 13.93al3.96% 13.93%al3.97 21 3.92*1803.92% 3.9234a3.93% 19.27ol9.3034 19.2734ol9.31 40.21040.25 40.19a40.24 40.2234a.2534 13.91 %al3.96 13.92fll3.96% 19.29al9.31 22 3.92*1803.9234 3.9234o .92»i8 19.28flfg.3034 40.24o40.28 13.92%a.94% 13.93al3.95 40.21a40.25 23 3.92 o3.9234 3.9234o3.92% 19.23H.3034 19.30al9.31 20 24 3.91 "i8a .92*u 3.91»*i8a.92% 5.18%a.l8% 1.28%al .29 .29 .29 .29 .29 .29 5.18%a.l8% 1.28%al 1.28%al .1806.18% 5.18%a5.19 ,16%a.l7% 5.17%a.l8% 1.28%al 1.28%ol 17a5.17% 5.17%a5.18 ,17a5.18% 6.17%a.l8% 1.28%al 40.33o40.33 34 13.95al3.98 13.95%a.98% 19.33J4ol9.35 40.26a40.32 13.9334a.97% 13.94al3.98 19.33 34019.35 40.28a40.3034 40.31a40.33 1.28%al .29 1.28%ol.29 1.28%al.29 1.28%ol.29 1.28%al .29 1.28%al .29 SUN DAY SUN DAY .1805.18% 13.9534a.9734 13.96al3.98 19.36al9.39 5.19a5.20 ,18o5.18% 13.95al3.9634 13.95%al3.97 13.9434ol3.96 13.95al3.96% 1.28%al.29 1.28%ol.29 1.28%al .29 1.28%al .29 1.28%al.29 SUN DAY lJ28%al .29 lJ!6%al.29 ,18%a.l8% 5.18%a.l9% 1.28%al^9 1.28%al .29 ,18%a.l8% 5.18%a5.19 1.28%al .29 ,17%a.l8% 5.18%a5.19 ,18%a.l8% 5.18%a5.19 1.28%al .29 18%a.l8% 5.l9a6.19% 14 40.33a40.38 5.18%a.l9% 1.28%al.29 1.28%al .29 5.19a5.19% 5.18%a6.19 1.28%al .29 5.18%a.l9% 1.28%al .29 1.28%ol .29 5.19a5.19% SUN DAY SUN DAY SUN DAY SUN DAY SUN DAY 13.90al3.93 13.91al3.93% 40.16a40.19 7 3.92%a3.93*i« 3.92%a3.9334 19.2934o.30% 19.30al9.3l34 40.1234O40.18 40.1234a40.16 13.90ol3.9234 13.91aI3.93 40.10a40.15 8 3.91%a3.92*u 3.91 %a3.92*18 19.29 34 a.30 34 19.30al9.31 40.17%a40.22 13.8934a.9134 13.90al3.92 40.16o40.20 9 3.92%a3.92% 3.92%a .921*1# 19.3134a.3534 19.32al9.36 13.90 34a.92 34 13.91al3.93 40.27040.33 40.25a40.32 10 3.93%o3.93% 3.93 34 a3.94 34 19.37al9.4134 19.38ol9.42 40.28040.31 13.9134a.9434 13.92al3.95 19.38ol9.4034 19.3834 al9.41 40.24o40.29 11 3.93*1 «a .93l5u 3.93 34 a3.94 13.95al3.9634 13.96al3.97 40.29040.31 19.38al9.40 19.3834a.4034 40.27a40.30 12 3.93 34 o3.93% 3.95%a3.94 SUN DAY SUN DAY SUN DAY 13 SUN DAY 40.32 %a40.35 13.9534al3.98 13.96013.98% 40.30a40.34 19.39al9.40 6 Cables Checks Cables Checks Cables Checks Bankers' Bankers' Bankers' Bankers' Bankers' Bankers' Checks 40.4034o40.46 13.96al3.97% 13.96%al3.98 18a5.18% 40.37a40.44 34 13.95%a.98% 13.96al3.99 29 3.93%a3.94% 3.93*1803.94% 19.39ol9.4034 19.3934al9.41 40.33a40.41 40.3234a40.37 40.35a40.3934 13.93%a.95% 13.94al3.96 30 3.92%a3.937i8 3.92%o3.9334 19.3634a;3834 19.37al9.39 40.35a40.39 J4 13.94%al3.97 13.95al3.97% 19.35al9.4234 40.32a40.38 31 3.92%a3.943,8ll9.3434al9.42 18a5.18% 1.28%al .29 1.28%0O9 17%o.l8% 5.17%a.l8% 1.28%al .29 1.28%al.29 1.28%al.29 28 3.9234a .94»i8 5.18%a.l8% 1.28%ol.29 1.28%al.29 5.18%a5.19 17%a.l8% 5.18%o5.19 lJ28%ol.29 3.92%a3.9434 Spanish Denmark Sweden Norway Berlin Vienna Kronor Kroner Reichsmarks Schilling Peseta Kroner Bankers' Bankers' Bankers' Bankers' Bankers' Bankers' Checks Cables Checks Cables 2 19.18 019.22 19.19%al9.23 19.23%al9.26 19.24 019.24 19.23 019.21 19.18%al9.22 19.22 1 19.19 3 19.20 al9.26 19.21 4 19.27 019.35 19.28 5 19.31 019.34 19.32 6 Checks 019.27 18.88 Cables ol8.92 18.89 Checks Cables Checks 018.93 23.78a23.80 23.79a23.82 13.95 018.93 18.89%al8.94 23.77a23.80 23.79a23.82 13.95 019.25 18.89 23.78 23.79a23.80 13.95 O19.05 019.28 18.93%c19.04 18.94 ol9.27 19.22 %al9.27 19.23 019.15 23.72a23.78 23.73a23.80 13.95 019.14 19.08 019.33 19.29 %ol9.34 19.07 ol9.36 19.29 ol9.16 19.15%al9.17 23.75a23.76 23.76a23.78 13.95 019.35 19.32%al9.36 19.15 al9.35 19.32 SUN DAY SUN DAY SUN DAY 019.29 19.27 SUN DAY Cables Checks Cables 07.68% 7.67%a7.89% 7.67%a7.69 ol4.15 13.95%al4.16 7.66%a7.68 07.68% ol4.15 13.95%al4.16 7.63%a7.67% 7.64 ol4.15 13.95%al4.16 7.67 015.15 C14.15 13.95%al4.16 7.62 13.95%a14.16 7.64 o7.65 7.63 07.65% 7.65 fl7.66 o 7.66 SUN DAY SUN DAY O19.30 23.74a23.76 23.75o23.78 13.95 014.15 13.95 %al4.16 7.64 07.65 7.65 07.65% 7 19.44 019.45 19.45 019.45 19.44 al9.46 19.26 O20.60 19.94 O20.59 19.95 O20.60 19.64 O20.39 19.65 a20.40 23.71023.76 23.74a23.78 13.96 al4.15 13.97 O20.40 20.34 O20.51 20.35 020.52 20.17 O20.26 20.18 020.27 23.76a23.79 23.78a23.81 13.96 al4.15 13.97 07.65 020.39 20.35 7.63 9 20.34 014.16 7.64%o7.67 a7.64 014.16 7.62 a 7.68 O20.59 19.85 7.65 8 19.84 020.32 19.74 O20.09 19.75 a20.10 23.78a23.83 23.79%a.85 13.96 a7.64 a7.65 O20.29 20.00 014.16 7.63 7.64 10 19.99 a 14.15 O20.18 20.07 020.19 20.08 020.20 19.73 al9.87 19.74 019.88 23.77a23.78 23.78a23.80 13.96 ol4.15 13.97 ol4.16 7.63%a7.65 a7.66 O20.17 20.01 7.64 11 20.00 o20.ll 20.04 O20.12 20.09 020.20 20.10 020.21 19.74 O19.80 19.74%al9.81 23.77a23.78 23.78a23.80 13.96 SUN DAY SUN DAY 014.15 13.97 ol4.16 7.64 07.65 7.65 07.66 12 20.03 13 O20.30 20.04 019.99 19.85 15 19.93 019.99 19.93 16 19.94 O20.01 19.95 17 19.89 019.96 19.90 18 19.89 %0l9.99 19.90 19 20.01 O20.13 20.02 O20.31 20.05 SUN DAY SUN DAY 14 19.84 20 019.46 19.43 O20.00 19.52 %019.75 19.53 019.76 19.63 al9.89 19.66%al9.90 19.62 O20.02 19.89019.97% 19.90al9.98% 19.64 019.95 19.54 al9.94 19.84 al9.97 19.83 019.94 19.85%al9.95 19.49 O20.00 19.85 %o20.00 19.66 O20.15 19.95 C20.03 19.96 |a20.05 19.52 SUN DAY 019.58 23.76a23.78 23.76 %a.80 13.97 O19.50 23.75023.77 23.76a23.79 13.94 019.41 23.74a23.80 23.76a23.82 13.97 O20.00 19.90 O20.15 19.65 al9.79 19.66 a20.01 19.53 O19.80 19.44 O20.09 20.03 O20.10 19.60 019.72 19.61 al9.73 24 20.29 O20.54 20.30 O20.55 19.89 O20.09 19.80 25 20.36 O20.54 20.36 %o20.55 19.96 %a20.09 19.97 020.79 20.50 O20.80 20.26 O20.39 20.27 O20.10 19.59 ol9.84 19.60 O20.10 19.69 019.79 19.70 019.85 23.76%a.79 23.78 %a.81 13.97 O19.80 23.76a23.78 23.78a23.80 13.96 O20.40 20.06 O20.24 20.06%a20.25 23.78a23.83 23.79%a.85 13.94 SUN DAY SUN DAY SUN DAY SUN DAY 23.77%a.81 13.96 019.49 19.45 20.05%a20.15 19.89 O20.14 20.02 23 20.02 26 20.49 23.79%a.80 019.55 19.49 %al9.56 23.77a23,79 23.79a23.80 13.96 019.58 19.52%al9.60 23.76o23.79 al9.57 19.54 O20.14 22 20.01 27 C7.65 014.16 7.63%fl7.64% 7.64 014.15 13.96 019.76 23.78a23.80 23.79%a.82 13.95 7.6307.64% a7.64 O19.70 23.78a23.80 23.80a23.82 13.96%al4.15 13.97%al4.16 7.61 ol9.69 19.63 fl7.63 07.62% 7.59 al4.16 7.58 al4.15 13.97 019.69 19.64%al9.70 23.78a23.82 23.80a23.85 13.96 O7.60 7.54 o7.59 al4.16 7.52 al4.15 13.97 13.96 019.65 23.78a23.79 ol9.64 19.55 19.37%al9.40 19.38 21 20.05 29 20.79 021.24 20.86 %a20.25 20.68 O21.09 20.80 a21.10 20.09 O20.29 20.03 O20.85 23.81a23.83 23.81 %a.85 13.94 O20.30 23.74a23.80 23.76a23.82 13.94 30 20.49 O20.89 20.50 a20.90 20.02 O20.39 20.03 O20.40 19.78 O20.09 19.79 O20.10 23.75a23.80 23.77a23.82 13.94 31 20.80 O20.99 20.81 O21.00 20.29 O20.49 20.30 O20.50 19.94 O20.14 19.95 a20.15 23.77a23.80 23.78a23.82 13.94 28 20.86 O20.94 20.68%a20.95 20.40 O20.40 20.02 O20.39 20.10 SUN DAY SUN DAY al9.75 19.64 SUN DAY SUN DAY SUN DAY 13.97 O20.84 20.41 al4.15 13.97 al4.16 7.54%a7.55% 7.55 o7.56% C7.57 7.54 a7.56 SUN DAY 07.56 7.54 014.16 7.53%a7.55 014.15 13.98 o7.54% 07.53% 7.53 014.15 13.94%al4.16 7.52 a7.54% 7.53 014.15 13.97%al4.16 7.52%o7.54 014.15 13.97 014.16 7.53 SUN DAY al4.15 13.97%al4.16 7.53 07.54% 7.53%a7.55 014.16 7.53 07.53% 7.53%a7.54 7.57 a7.59 o7.58 al4.15 13.97 al4.15 13.94%al4.16 7.56 SUN DAY 13.94%al4.16 014.15 13.94%al4.16 al4.15 13.94%al4.16 014.15 13.94%al4.16 C14.15 SUN DAY 7.55%a7.69% 5.56 7.55%a7.69% 7.56 7.55%a7.67 7.54 o7.56 7.56 a760 1 a 7.60% a5.58 7.54%a7.57 MONTHLY 17 REVIEW was available steamer. the rate of began to dispose of their hoarded gold coins and ornaments for the same reason. The price of silver in London March 31 was only 17 % pence per ounce against 19% pence on March 1. stated, had agreed to the proposal of the tin miners that exchange be fixed at 15 Bolivianos per pound sterling which would make the dollar rate 4.12 bolivianos. On March 21 the Department of Commerce at Washington supplementing the existing exchange control regulations, the Colombian Government found it necessary recently to restrict further the placing of foreign exchange at the disposal of Colombian importers, according to the Commerce Department's Finance and Investment Division. The Department said: Natives of other Far East countries also announced that The coco to to to to to to to to to Mhhhhhh H>0<©00 I I I I I I I I I I I I I I I I I I 'o b> Oi MOW •*j^j'<jbsbsbs I I I I t I I on Cn Cn if* if>» if* OS OS OS OS OS ©1 (8MMOOOtS M O 00 00 00 xxxxxx xxxxx n n n n n OS 08 OS OS OS OS xx OS OS OS OS OS n n bt bs os bs OS if. n n n bt If* H* . XXXXX OS OS OS OS OS 08 OS OS OS OS OS 08 08 08 OS OS OS OS os os os os os OS OS OS OS OS OS OS M H* to to to Oi 07 OS Oi C7 Ot Ot Ot if. 45. if* HI ©CO 00 00 XX XXXXXX XXXXXX XX n n n n n OS OS OS OS OS OS n WOO OS OS OS OS n n n n n n os os os os os os n os os os os ooMOooo to 001-OS -4 OS OS OS 00 OH*(0-4.OS as os os os os os ot os to to os os xxxxxx xxxxxx OS OS OS OS OS OS OS OS OS 08 OS 08 OS OS 08 09 OS H* OS **4 OS OS OS OS OS 4. CO CO OS OS 4. OS OS OS OS OS OS OS M HI HI tS to 4* CO 00 If. OS If. X n n n n case xxxx n n n n H. 00 00 00 HI OS X <i bs '-a bs bs OS OS 0808 rr. "4 OS OS 06 OS a Nf OS HI M to rfs XXX XX n 08 OS OS 08 08 XX COCO 09 OS OS OS OS OS 08 CO OS CO Ol Cn 01 Oi 07 07 (w (O CO CD CO O O _ Cn Ot Ot OS Ot 4. Cn if* if* if* I—4 O CO 00 00 o XX 3 CO CO OS OS OS t* o ^ ^ if* ~ UScOCOQOOi»4COCgOO-4 07 gxx Oi CJi "X xxxgxx bo I^^bsbsbsbsbs OS OS OS OS OS OS HI M XsXXXX XXXX 08 OS OS OS OS OS CO OS OS OS OS OS ^lOSNf-4 4. CO 4. Ot X X OS OS OS OS OS OS Oi Ot Ot OS Ot 4. •4 OS OS OS OS OS X n n n 08 08 08 XXXX § OS OS OS OS OS if* £, ift, if* lft> -4 OS 4. if. ssX OS c n n n n n n OS OS OS OS OS OS n n n » n n OS OS 08 08 08 OS n n n n n o os os os os os os C7 07 Or 03 07 07 07 07 C7 07 07 rf* bS n n n n » OS os os os os •*< OS 05 OS OS OS 4.-4 CO HI HI 08 n n n n 08 OS OS 08 f? S, eS'«S Oi 00^, XXX X a «- V-J 00 CO <14. OS 00 OOSOSHHH XXX OtOO O O \^\M\M\C8 V-» od\iKwsoo\ta\ XXX OS OS OS 08 § b& ^05 05 05 05^01^4.4. 4. If. If. OS OS bo 000 CO HI k* ot 00 co to to 4. KCCHOOHH value and the market value. Checks on Yokohama for Japanese yen after declining from 32.87 @33.13 March 1 to 31.00 @ 31.08 March 8, developed an upward trend there¬ after and touched 33.52@33.75 March 30, with the range March 31 33.02@33.13. The Hong-Kong dollar and the Shanghai tael moved lower on account of the decline of the price of silver. 'Checks on Hong-Kong declined from 25.41 @25 15-16 March 1 to 24.09@24.70 March 22, with the range March 31 24.53@25 1-16. The tael on Shanghai for checks after dropping from 34.10@34.88 March 1 to 32.06@32.63 March 22 was 32.81 @33.38 March 31. Rupees on Bombay for checks moved higher, influenced by the advance in sterling exchange. The range March 31 was 28.30@28.94 against 26.13 @26.45 March 1. Indian natives continued to sell their gold hoardings of centuries in order to take advantage of the high rupee premium on gold. The metal was shipped from Bombay to London by every fel bt 2n n n n n n i_jn n uosososcocoosOcoco <1 <j p 1 5s n n n n XXXXXX n n n n n 2n n n n n n qnn n nn n 08 00 08 08 UCO CO OS OS OS CO U 08 08 OS 08 OS 08 the 0 O CO 00 00 00 HMHOOOtS xxxx gxxxxxx Sxxxx XXX M bt If* if. If. *4. OS OS OS OS OS (si Oi Oi Oi ^ CO ICO to to K) . H X n n n n n OS OS OS OS OS OS X OS 08 CO OS OS OS $8* o CO CO oo XXX 07 07 os X 52 to Hi QQ o *1 'OS OS OS 08 OS 08 OS OS OS OS 09 XX $ 2& & o< bt bt if. if. if. XXXX X I XX n n n n os os os os os SOJOW"*!©* OIOOMOSOS ■ n n n n n n os os os os os os M CO H* 4. If. Ot XX tPMHOOOW X X n n n n n n OS OS OS OS OS OS bo ^4 X par RATES OF EXCHANGE XXX os os os os To this is added one-tenth of the difference between mint s ©CO CO 00 4*, if^ OS OS OS OS 05 of the countries on a silver basis because of a sharp drop in the price of silver, but was firm in the case of the Japanese yen and the other currencies. Dispatches from Tokio stated that the Bank of Japan had resumed purchases of gold, paying prices approximating current exchange. The gold must be in bullion, be .990 fine and bear the mark of the mint. The prices were calculated by taking the average of cable quotations for the preceding week and making it the basis for the following week. This is called "market value." I n Cn 001—' OS OS -I XXXXXX XXXX OS to «4 00 the Far East weakened considerably, in the 88 0808 0808 08 xxxx Exchange s I I I I I I I I I I'll'''1' I I 08 080808 08 08 08 OS OS OS OS OS Ol OS to to 08 OS XXXX OS OS OS OS I I an OS n n OS OS n OS OS n 00 © 1-1*^08 xxx I I xxx n n n n n n 08 08 00 08 08 08 00 <100 00 to 00 t-08 I I 98 98 OS OS 08 OS 08 H» l-i to 19 tO i£ \M\M ao\MSoo\ 08 08 08 anno restrictions I I 0808 08 0808 08 00 08 OS 38 •ft CO M rffc 08 \0»\£lW XXXX I I 08 08 08 08 08 08 apply to obligations pertaining to imports made before the establishment of the Exchange Control Commission on Sept. 25 1931, it was stated. Henceforth Colombian purchasers of foreign exchange to cover payments of debts originating in imports of merchandise made prior to Sept. 24 1931 will be authorized by the Government only for periodic quotas of not greater than 20% of each debt. Moreover, the new provisions require that within 30 days following the date of the decree (March 7) interested parties must present to the Control Office a statement of such debts, duly attested by supporting documents. new I I MtaHOOOOSOlCntfkWNi-' cn tt>. oa to i-» OcOOOMOJCntf* till I 1^. if. *4. if. If. xxxxx tO O CO O O O II <1^1 Ot 4. 4. XX xxxxx OS OS OS CO OS OS OS OS OS OS OS OS OS CO OS OS CO OS CO 08 09 OS "4 -4 *4 <4 *4 OS OS OS OS OS bs 05 OS Oi 05 Ot Ot 1^4.4.4.4. 91 to 91 as to <1 >4 to to to OOOO OS 000 CO 00 OS 9t 9t XXXX XXXXXX XXXXX x«x XXXX XX XXX XX 91 bt bs Os os ococoooo XX XXX OS CO CO 08 CO 00\ Iv \ oo\ oo\ x\ n n n n n n co os co os os os n n n n n n os co co co os co n n n n n CO CO CO 08 OS bs bsbs 07 07 07 07 C7 07 as a os® «4 ot OS 00® CO toot n n n n OS OS OS OS COMOMHH HtSOS coo 1— 4. 4. If. If. If. CO 00 -4 OS OS n n n n n n os co os co os os •4 XXX .5 bs «4 X»X XXXXXX X xxxxx bp fia!J xxxxx CO CO CO CO CO CO CO CO OS CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO coos <I<i*-jbo "4 05 OS OS OS OS CS CO CO CO CO 4. OS OS OS OS OS OS CO Cn <1 O 4. H* H. H« ti to OSOSOSOS<I9t to OS 9t 00 HI to ©«©00*4-4 XXXX XXXXX ON OTHER XX X X & XXX 51 s 914.4.4.4. a xxxxx •! CENTRES. Czecho¬ Canada slovakia Bucharest Polish Dollar Kroner Lei ll%all%% ll%all%% ll%all%% 11 alO%% 10%al0%% — 3- — 4 5 6. . Serbia Bulgaria Finnish Pengo Dinar Lei Markka 7 10 10 11 12 13 Checks Checks Checks Cables Checks .590.60 ll.18all.25 17.40al7.55 .590.60 ll.18all.25 17.40al7.55 1.78%al,79 1.78%al.79 .71a.73 .590.60 ll.18all.25 17.40al7.55 1.7801.79 .710.73 .590.60 11.18oll.25 17.40al7.55 1.78al.79 ,71a.73 1.52%al.60 25.44a25.70 25.50a25.75 1.54%al.60 25.44a25.70 25.50a25.75 1.54 al.60 25.19a25.70 25.25a25.75 1.55 al.60 25.19a25.70 25.25a25.75 .590.60 ll.18all.25 17.40al7.55 1.78al.79 ,71a.73 1.55 al.60 25.19a25.70 25.25a25.75 1.55 al.60 14 17 18 19 Checks Cables 5.95a6.33 6.Q0O6.38 5.95a6.33 6.00a6.38 5.9506.33 6.00a6.38 5.95a6.33 6.00a6.38 5.95a6.33 6.00a6.38 .590.60 ll.18all.25 17.40al7.55 1.7801.79 .71a.73 2.96%o2.96% .590.60 11.18011.25 17.40al7.55 1.7801.79 .71a.73 1.56 .590.60 11.18all.25 17.40al7.55 1.78al.79 .71a.73 1.55 Hal.60 .59a.60% ll.18all.25 1.78al.79 .71a.73 .590.60 ll.18all.25 17.40al7.55 1.78al.79 .71a.73 1.57 .59% a.60 ll.18all.25 17.40al7.55 1.78al.79 .71a.73 1.57 25.19a25.70 25.25a25.75 5.95a6.33 6.00a6.38 25.19a25.70 25.25a25.75 5.9506.33 6.00a6.38 25.19a25.70 25.25a25.75 5.95a6.33 6.00a6.38 al.60 25.19a25.70 25.25a25.75 5.95a6.33 6.00a6.38 al.60 25.19a25.70 25.25a25.75 5.95a6.33 6.00a6.38 al.60 25.19a25.70 25.25a25.75 5.95a6.38 6.00a6.38 al.65 17.40al7.55 1.56 al.60 SUNDAY 10%ol0%% disct. 10%al0%% disct. 10% % discount Ilal0,lj6% disct. llolO%% discount 10%% discount 2.96%o2.96% 2.96% 02.96% 2.96%a2.96% 2.96%a2.96% 2.96%a2.96% 10%al0*ts discount 10%al0%% disct. 10%al0%% disct. 10%al0%% disct. 10%al0%% disct. 10,i6a916x8% disct. • Cables 2.96%a2.96% 2.96%a2.96% 2.96%a2.96% disct. 2.96%a2.96% 2.96%a2.96% 2.96%o2.96% 2.96%a2.96% 2.96%a2.96% 2.96%a2.96% 2.96%a2.96% .59% a.60 •59%a.60 .59% a.60 .59% a. 60 .59% a.60 10a9%% discount 10%a9»u% disct. 9%a 9%% disct. 10a 9% % discount • 15 .710.73 2.96%o2.96% disct. disct. disct. disct. disct. -• 16---—— Checks Checks Milreis SUNDAY 9%a 9%% a 9%% 10%al0%% 10%al0%% 10%al0%% 10%ol0%% .... 9 Brazil Peso Checks disct. disct. disct. disct. disct. -- 8. Argentina 2.96%a2.96% 2.96%o2.96% 2.96%a2.96% 2.96%a2.96% 2.96%a2.96% Checks 1 2 Hungary Zloly March 2.96%o2.96% 2.96%o2.96% 2.96%a2.96% 2.96% a2.96% .59 .59%a.60 .59%a.60 .59% a. 60 .59%a.60 .59%a.60 .59% a.60 ll.17all.25 17.40al7.55 .71a.73 1.58 ll.18all.25 17.40al7.55 1.78al.79 .71a.73 ll.16all.25 17.40al7.55 I.78al.79 •71%a.73 : 17.40al7.55 1.57%al.65 1.59 £1al.65 1.59% al.65 1.59% al.65 1.59%al .65 ll.16all.25 1.78al.79 25.19a25.70 25.25a25.75 5.95a6.33 6.00a6.38 25.19a25.70 25.25a25.75 5.95a6.33 6.00a6.38 25.19a25.70 25.25a25.75 5.95a6.33 6.00a6.38 25.19a25.70 25.25a25.75 5.95a6.33 6.00a6.38 25.19a25.70 25.25a25.75 5.95a6.33 6.00a6.38 25.19a25.70 25.25a25.75 5.95a6.33 6.00O6.38 ll.16all.25 17.40al7.55 ll.16all.25 17.40al7.55 1.77%al.79 .71%a.73 1.77%al.79 .71%a.73 .72a.73 1.77%ol.79 ll.16all.25 17.40al7.55 1.77fll.79 ll.16all.25 17.40al7.55 ll.18all.25 17.40al7.55 ll.16all.25 17.40al7.55 11.15%a.25 17.40al7.55 .71%a.73 1.76%al.79 .71 %a.73 1.76%ol.79 .71%a.73 1.77%ol.79 .71%a.73 1.76%al.79 .71%a.73 .59%a.60 ll.16ali.25 17.40al7.55 1.77%®1 *79 .71%a.73 .59%a.60 .59%a.60 .59%a.60 ll.16all.25 17.40al7.55 1.77 17.40al7.55 1.77 al.79 ,71%a.73 al.79 .71%a.73 1.59%al.68 25.19a25.70 25.25a25.75 5.95a6.33 6.00a6.38 ll.16all.25 ll.17all.25 17.40al7.55 l.77%al.79 .71%a.73 ll.18all.25 17.40al7.55 1.77 1.59%al .67 25.19a25.70 25.25a25.75 5.95a6.33 6.00a6.38 1.59%al .65 25.19a25.70 25.25a25.75 5.95o6.45 6.00a6.50 2.96%a2.96% 20 SUNDAY 21 - 22 23 24 25--26 1.59% al.65 25.19a25.70 25.25a25.75 5.95a6.33 G.00a6.38 1.59% al.65 25.19a25.70 25.25a25.75 5.95a6.33 600a6.38 1.59%al.65 1.59%al .65 1.59%al.65 1.59%al .67 25.19a24.70 25.25a25.75 5.9506.33 6.00a6.38 25.19a25.70 25.25a25.75 5.95a6.33 6.00O6.38 25.19a25.70 25.25a25.75 5.95a6.33 6.00*6.38 25.19a25.70 25.25a25.75 5.9506.33 6.00O6.38 SUNDAY 27 28 29 30 31 Ecua¬ Bolivia a.60 Vene¬ Portu¬ al.79 .71%a.73 1.59%al.65 25.19a25.70 25.25a25.75 5.95a6.33 6.00a6.38 Singa¬ Yoko¬ Bolivi¬ Colombia dor Uruguay zuela Chile Peru gal Hong Kong Shanghai hama Manila pore Bombay Java ano Dollar Sucre Peso Bolivar Peso Sol Escudo Dollar Tael Yen Peso Dollar Rupee Guilders Checks Checks Checks Checks Checks Checks Checks Checks. Checks Checks Checks Checks Checks Checks 1 16.00 95.24a96.50 20.00 12.05al2% 27.80a28.00 3.14 16.00 95.24a96.50 20.00 46.25a27.50 46.25a27.50 15.50 2 15.50 12.05a 12% a3 3 27.80a28.00 3.15 27.80a28.00 3.18 27.80a28.00 3.16 a3, Checks 16.00 95.24a96.50 20.00 46.25a27.50 15.50 4 16.00 95.24a96.50 20.00 4fs.25a47.50 15.50 12.05al2% 12.05al2% 5 16.00 95.24a96.50 20.00 46 25a47.50 15.50 12.05al2% 6 27.80a28.00 a3 a3, 3.20 16.00 95.24a96.50 20.00 46.25a47.50 15.50 8 16.00 95.24a96.50 20.00 46.25a47.50 15.50 9 16.00 95.24a96.50 20.00 46.25a47.50 15.50 12.05al2% 12.05al2% 12.05al2% 10 16.00 95.24a96.50 20.00 46.25a47.50 15.50 12.05a 12% 11 16.00 95.24a96.50 20.00 47.25a47.50 15.50 12 16.00 95.24a96.50 20.00 46.25a47.50 15.50 12.05al2% 12.05al2% 13 27.75a28.00 3.16 a3 27.80a28.00 3.21 27.75a28.00 3.32 03 27.75a28.00 3.33 27.75a28.00 3.30 27.75a28.00 3.24 a3 40.12a41.25 26.25a26.50 40.15o40.50 a3 25.12a25»i6 33.46a34.13 31.35a31.50 49.60a49% 40.37a41.38 26.54a26.70 40.05a40.50 25.14a257io 33.36a34.38 31.00a31.08 49.60a49% 41.00a42.60 27.46a28.20 40.05o40.50 24.95a257i6 32.93a34.38 31.10%a.75 49.60a49% 41.87o43 % 27.88a28% 40.05o40.60 25.04a257i6 33.10a34.38 31.53a32% 49.60a49% 41.37a42 % 27.60a28.00 40.05o40.50 a3 24.68a35«i« 32.78a34»i« 31.45a31.75 49.60a49% 24.82a25ixs 33.00a33.63 31.35a31.75 49% a49% a3 a3 41.50a42.75 29.29a28.00 40.05o40.50 41.50a42.75 27.15a27.70 40.10o40.50 SUN DAY 14 16.00 95.24a96.50 20.00 46.25a47.50 15.50 12.05a 12% 27.75a28.00 3.26 15 16.00 95.24a96.00 20.00 46.25a47.50 15.50 16.00 95.24a96.00 20.00 46.25a47.50 15.50 12.05al2% 12.05al2% 27.75a28.00 3.28 16 16.00 95.24a96.00 20.00 46.25a47.50 15.50 12.05al2% a3, 27.75a28.00 338 a3 27.75a28.00 3.28%03 18 16.00 95.24a96.00 20.00 46.25a47.50 15.50 19 16.00 95.24a96.00 20.00 46.25a47.50 15.50 12.05al2% 12.05al2% 27.75a28.00 3.29 27.75a28.00 3.29 20 03 a3 24.83a255ie 32.88a33.63 31.49a31.88 49% a49% 41.43o43.12 27.33027.63 40.10o40.50 24.75a25»u 32.84a33.38 51.78a32.81 49% fl49% 24.53a25^6 32.79a33.38 32.00a32.31 49% a49% 24.40o24»«i6 32.45a33.38 31.94a32.25 49% a49% ,002 7.28o27.63 40.10o40.50 41.50a43.< 41.50a42.75 27.29o27.63 40.10o40.60 41.50a42.75 27.22o27.63 40.10o40.50 24.34a24.85 32.60a33.13 31.89032.25 49% 049% 41.43a42.75 27.15o27.63 40.15o40.50 2432024% 32.56a33.13 31.79a32.25 49% a49% 41.50042.75 27.16027.63 40.15o40.50 SUN DAY 16.00 95.24a96.00 20.00 46.25a27.50 15.50 22 16.00 95.24a96.00 20.00 46.25a27.50 15.50 23 16.00 95.24a96.00 20.00 46.25a27.55 15.50 24 16.00 95.24a96.00 20.00 46.25a27.55 15.50 25 16.00 95.24a96.00 20.00 46.25a47.55 15.50 26 21 25.10a25»xe 33.27a34.13 32.44a32.50 49.60a49% SUN DAY 7 17 25.41a25»«i« 34.10a34.88 32.87a33.13 49.60a49% 39.87a41.00 26.13026.45 40.15o40.50 a33.00 49.60a49% 39 «7a41.00 26.13a26.45 40.15o40.50 25.03a25% 33.15a34.13 32.65a32.81 49.60a49% 39.93a4l.12 26.13a26.45 40.15o40.50 25.08a25% 33.24a34.13 32.48a32.75 49.60a49% 40.12a41.25 26.25a26.45 40.15o40.50 25.22a25»i6 33.54a34.38 32% 16.00 95.24a96.00 20.00 46.25a47.55 15.50 28 16.00 95.24a96.00 20.00 46.25a27.50 15.50 29 16.00 95.24a96.00 20.00 46.25a47.60 16.25 30 13.00 95.24a96.00 20 DO 46.25a47.60 16.25 31 16.00 95.24a96.00 20.00 46.25a47.50 16.25 12.05al2% 27.75a28.00 3.30 a3 12.10al2% 27.75a28.00 3.30 a3 12.10al2% 27.75a28.00 3.30 a3 12.10al2% 27.75a28.00 3.34 a3 12.05al2% 27.75a28.00 3.30 a3 12.05al2% 27.75a28.00 3.36%a3 27 24.17o24.70 32.26a32.88 31.95a32.06 49% a49% 24.09a24.70 32.06a32.63 31.97a32.38 49% 049% 24.12a24.56 32% 033.44 32.09a32.38 49% 049% 41.62a43.12 27.35027.70 40.l5o40.50 41.49042.76 27.32027.63 40.15o40.50 32.75a33.13 49% 049% 33.07033.31 49% a49% 41.50a45.00 28.46028.95 40.25o40.50 33.52a33.75 49% 049% 42.50a45.00 28.15o28.88 40.20o40.50 43.00a44.50 28.30o28.94 40.20o40.50 41.56042% 27.27o27.63 40.15o40.50 24.32%a.85 32.28a32.88 32.37a32.75 49% a49% 41.75o43.00 27*16 027.94 40.15040.50 24.27o24.85 32.20a32.88 32.52a33.00 49% 049% 4l.00a42% 27*16 027.94 40.15o40.50 24.45o24.85 32.43a32.88 32.60a33.00 49% 049% 42% a43% 28.07o28.44 40.15o40.50 SUN DAY 12.05al2% 12.05al2% 12D5al2% 12.05al2% a3 .55 24.52a25.15 32.41a33.38 27.75a28.00 3.36 %a3 ,50 24.65a25.30 32.95a33.63 27.75a28.00 3.33 %a3 .47 24.53a253u 32.40a33D8 27.75a28.00 3.39 a3 .4824 53a251i« 32.81033.38 27.75a28.00 3.40 I 33 02o33.13 49% a49% 43.00a44% 28.40o29.00 40.25o40.50 New York Stock e MONTHLY AND YEARLY RECORD N Ml RANGE OF BOND PRICES .$250,900,700 $242,665,000 764,520,950 688,356,500 Jan, 1 to March 31-— The tables on —Shares 33,031,499 March 65,658,034 99,110,149 172,343,252 Jan. 1 to March 31 19 to 41 furnish a complete reoord of the pages 1931. 1932. Stock Sales. 1931. 1932. Bond Sales. March DURING MARCH 1932. - transactions on the New 12ork Stock Exohauge during extended introduction, as they are self-explanatory. The tables embrace every security dealt in on the Exchange. We give bonds first, using the classification adopted ii^ the official list* The black-faced letters in the column headed "Interest Period" indicate in each case the month when the bonds mature. In accordance with the rule adopted by the New York Stock Exchange in 1909, all quotations for interest-paying bonds March are at a and They need since Jan. 1. range no The exceptions to the rule are income bonds and bonds on which 6s, for special reasons, are also quoted "fiat," the quotation "flat" will be found against the name of the issue. This method of quoting bonds price to which accrued interest must be added. A few other bonds, like the Holland-American Line Interest is in default. but where this is the case became effective Jan. 2 1909. For footnotes to Sales in tables see last page of bonds and last page of stocks. N. Y. 1932-1947 First 3 *s Registered 1932-1947 Flnt 4a Registered 3,412~666 First 4 1932-1947 - Registered 25,000 1933-1938 Fourth 4*e Registered 1,000 Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. 2 100*1 Mar. 31 9910jiMar."l5 l66»iiMar. 1947-1952 2,807,000 Treasury 4*4s Registered 9,000 4,403,000 Treasury 4s Registered 9,000 3,709,000 Treasury 3*8 1944-1954 1946-1956 1943-1947 Treasury 3*s Registered 4,926"666 1951-1955 Treasury 3s Registered 2,0197666 Treasury 4,408^000 June 3* Registered 26 100*3, Mar. 31 9 6 283,Jan. 6 14 24 100*83,Mar. 23 96«s, Feb. 9928i,Mar. 2 10021„Mar. 11 97"»,Jan. 25 1002*„Mar. 9920,,Mar. 1 lOO2®,,Mar. 23 97«i,Jan. 20 1002«„Mar. H 23 15 1940-43 1941 1943 Treasury 3V£s 988i, Jan. 12 101 10030„Mar. 23 98™»,Jan. 23 100»o„Mar. 102*<„Mar. 1032°3»Mar. 10 102",, Mar. 1 101 ®8, Mar. 9 98*°»,Jan. 12 1 03 203»Mar. 100*1, Jan. 26 102203,Mar. 100 101 Mar. 102 20«Mar. 99 s8iMar. 1946-1949 94 Jan. 11 23 10 1 101 «„ Mar. 9 992,3»Feb. 29 982« Mar. 13 99*®j,Mar. 9918i,Mar. 4 99*83,Mar 96*23,Mar. 982i» Mar. 12 89*6i,Jan. 9 87»„Jan. 12 95«»,Mar. 88»„ Mar. 28 90'°3,Mar. 11 82*i, Jan. 12 91 2 968», Mar. 10 93*81,Mar. 94*i, Mar. 3 95*2,,Mar. '87"«Jan?"l2 94<j,~Mar.~28 96b, Mar. 9 88*1, Jan. 1 94*»3,Mar. 1 94*»,,Mar. 94i»„Mar. Registered 1,000 4,853,000 Treasury 3*8 Mar. 22 Mar. 22 a99*8j,Mar. Registered 2;477"666 23 94*», Jan. 95*3, Jan. 97soi,Mar. 1932-1947 First Second 4*s Fourth Liberty Loan- 11,256,000 Highest. Sale Prices. U S GOVERNMENT 537000 Lowest. STOCK EXCHANGE. First Liberty Loan— 7,454,000 RANGE SINCE JAN. 1. PRICES IN MARCH. BONDS March. Value. 90 Mar. 28 92**i,Mar. 14 83 1 1 9 Feb""l9 96«a, Mar. 10 9623« Mar. 9 1 94*83,Mar. 92**3,Mar. 14 Jan. 11 Jan. 4 33 Jan. Jan. 8 33 Jan. Registered STATE AND CITY SECURITIES New York City—3 *s No*. 1954 1955 1936 3*s 4s registered 4s 1955 registered 1957 M N May 1957 No* 1957 4% Corporate stock_.__.____..1958 4% Corporate stock 1959 4*8 I960 4*s Corporate Btock 1963 4*8 Corporate stock 1965 New York State 4*s____________1963 4% Corporate stock 4*% Corporate stock 4*8 Corporate stock FOREIGN GOVT. & MUNICIPAL'S 105 ,000'Agric Mtge Bank a f 6s 56 000| Sinking fund 4> A 50 000 Akershus (Dept) extl 5s 1947 Apr 15 1948 1963 46 000 Antloquia (Dept of) Col Is A 1945 35 ,000 15 000 External s f 7s ser B 1945 External s f 7s «er C 1945 22 ,000 35 000 External s t 7» ser D 1945 Ext sec s 1957 f 7s 2d aeries trustr ecta 1957 55 000 Ext! sec « f 7s 3d series 1957 15 000 1958 169 000 Antwerp (City) extl loan 6s 120 000 Argentine Govt public works 6s_1960 471 000 Argentine Nation (Govt) • f 6a-.1959 Extl a i g 6a of Oct 1925 1959 257 000 Sinking fund gold 6a ser A 1957 303 000 289 000 External 1st 208, 000 Extl 423 000 356 000 275 000 291 000 50 000 1,416 000 650 000 s f 6s ser B f 6s of May s 1926 f 6a (State Ry) (Sanitary Works) External loan 5s of 1927 External g 4** of 1928 728 000 379 000 Austrian Govt s f 7s 142 000 1958 _1960 1966 Extl s * 6s 1961 Public Works ext a f g 6s..May 1961 Public Works ext a f 5*a 1962 Argentine (Rep) 5a of 1909 1945 Australia 5« of 1925 July 15 1955 a External Internationa] s f 7s 1957 ...1956 1943 1957 217 000 Bavaria (Free State) ext!6*s 1945 448 000 Belgium 25 year external 6*e.._1949 r Cash sale, a Deferred delivery. Mar. Mar. Mar. Mar. Mar. 62* Mar. Mar. Mar. i Jan. 8 ; Mar. 30 Mar. Mar. Mar. 28 16* Jan. 15* Jan. Mar. Mar. Mar. Mar. 31 15 Jan. Mar. Mar. Mar. 26 15 Jan. Mar. Mar. 12 Jan. Mar. Mar. Mar. 23 Mar. 23 14 Jan. 27 28 5 8 22 6 6 13 18 19 Mar. Mar. Mar. 22 14 Jan. Mar. Mar. Jan. 27 Mar. 5 75 66 Mar. 23 Mar Jan. Mar. Mar. Jan. 67* Mar. 12 Mar. Mar. Jan. 67 Mar. Mar. Jan. 68 Mar. 11 Mar. Mar. Jan. 67 Mar. 11 Mar. Mar. Jan. 67 Mar. 11 Mar. Mar. Jan. 68 Mar. 12 Mar. Mar. Jan. 67* Mar. 12 Mar. Mar. Jan. 67 Mar. Mar. Jan. 59* Mar. 11 Mar. Mar. Jan. 67 Mar. Mar. 26 Feb. 1 Mar. Mar. Feb. 1 61* Mar. 61* Mar. 4 3 Mar. Mar. Feb. 1 56 Mar. 3 Mar. Mar. Jan. 5 98 Mar. 24 Mar. Mar. Jan. 4 55 Mar. 29 Mar. Mar. Jan. 6 47 Feb. Mar. Mar. Jan. 2 95 Feb. Mar. 11 Mar. 11 Mar. 11 Mar. 12 24 27 N. Y. STOCK Sales in Price BONDS March. Value. n. y. stock a Bid. j f 7a.._.............195S Stabilization loan 7a Bergen (Norway) ext Ask. Ask Sale 86 98 Sale 78 78 76 Sale 504 98 504 75 234 Sale Sale Sale 22 Sale Sale 10 Sale 174 84 Sale 54 7 S 84 Sale ') f g 64? of 1926 f 64s of 1927 a a Cent Ry 30-year g 7a.. Sink fd 74a (coffee 154 Brisbane (City) a f 5a Sinking fund gold 5s 20-year Budapest (City) exit Buenos Aires External a External a a 37 39 f 6s 1962.. 1955 Sale Sale J 27 22 1968 MN 35 24,000 Caldas Dept of (Colombia) 7H«—1946 J J 585,000 Canada (Dom) Gold 4a 1960 A O 30-year gold 5a 364,000 1952 m N 4 He.... 1936 f A 212,000 J 1,000 Carlsbad' (CiYyfeT 8a IZZIIII" 111954 J 97,000 Cauca Vail (Rep of Col)a f g 74al946 A O 291,000 Cent Agric Bank (Ger) 7a 1950 M S Farm Loan a 1 6a J 403,000 ....I960 J Farm loan a f 6s 1960 A O 493,000 Farm loan 6s series A ..1938 543,000 101,000 Chile Republic ext a f g 7a......1942 MN External alnking fund g 6a ...1960 A O 196,000 External sink fund gold 6a....1961 f A 68,000 Ry ref extl a f g 6a J 91,000 1961 J Extl a f 6* int ctfa 1961 M S 142,000 Extl sinking fund 6s 1962 M S 34,000 External sinking fund 6s......1963 iJ)i N 100,000 69,000 Chile Mtge Bank of gu a f 64* ..1957 J D Sinking fund gold 694* guar.. 1961 J D 189,000 Guaranteed * f gold 6s 243,000 1961 A O Guaranteed sinking fund 6s.. 1962 M N 150,000 59,000 Chilean Munic Loan 7a 1960 M S 4,000 Chinese Hukuang Ry 5a.... 1951 J D 2,000 Chrlstianla (City) (Oslo)3Q-yr 6s-1954 M S 217,000 Cologne (Germany) a f 6 34a 1950 M 8 10 1967 J f g 7a a Stab loan 74« int ret. 334 394 Colombia (Rep) external ■ f 6s... 1961 J Sinking fund 7s of 1927 Copenhagen external 5a 58.000 52,000 71,000 80,000 13,000 68,000 153,000 108,000 10,000 35.000 125,000 357,000 External 17a s Cuba 25.000 31,000 102,000 5 4s of 25-yr extl 6s 35-year 5 4s of 1930 & 4% fund £ op 95 Mar. 95 Mar. 90 Mar. 11 714 Fed. 90 Mar. 11 17 Mar. 9 12 Feb. 424 Mar. 9 38 9 354 284 284 274 144 104 104 114 104 114 Mar. Jan. Jan. Jan. Jan. Feb. Feb. Feb. Jan. Mar. 194 474 414 424 Jan. Jan. Jan. Jan. 11 Feb. Sale Sale 354 Sale 134 16 Sale 12 Sale 12 Mar. 15 Mar. 4 114 Sale 12 Sale 114 Mar. 14 Mar. 9 12 12 Mar. 15 Mar. 7 12 Mar. 124 Mar. 29 144 144 134 144 Mar. 11 Mar. 3 Mar. 8 Mar. 4 25 28 Mar. 24 25 14 Mar. 114 Feb. 114 Jan. 14 r Cash Sale • Sale' 114 Sale 12 124 Sale Sale (City) 12 4 124 Sale 124 f 20 r32 114 7 Jan. 13 Mar. 184 11 Mar. 16 13 Mar. 29 7 13 Mar. 29 Mar. 14 75 Mar. 14 75 Jan. Feb. 75 Feb. Mar. 16 224 Jan. 37 Mar. 16 344 Sale" 304 Mar. 37 7 4 4 23 Sale 23 Jan. 23 254 Mar. 17 254 Mar. 22 30 Sale Mar. 31 Mar. 30 214 Feb. 23 21 30 Jan. 184 224 234 684 634 244 20 Sale Sale Sale Sale Sale 594 184 Mar. 23 22 184 Mar. 19 20 21 274 Jan. Mar. 19 Feb. 27 Jan. 20 Feb. 284 Jan. 14 Mar. 1 234 Mar. 234 Mar. 31 714 Mar. 11 20 20 65 60' Mar. 2 67 67 Mar. 9 23 Mar. 1 314 Mar. 14 204 Jan. 34 Jan. 9 354 Mar. 22 46 Mar. 11 32 46 Mar. 11 Sale 38 7 42 Mar. 29 304 Jan- 42 Sale 284 Mar. 1 834 Mar. 15 38 Mar. 3 Mar. 18 254 Feb. r45 784 Jan. Feb. 95 89 Jan. 734 Feb. 22 65 624 214 23 344 604 Sale Sale Sale 644 Sale 37 38 42 4 294 Sale 88 73 71 Sale 964 744 744 Sale 344 Sale 36 40 36 904 95 90 964 704 Sale 77 Sale 394 Sale Mar. 24 Mar. 95 Mar. 12 Mar. 9 89 Mar. 7 65 Mar. 7 72 734 Mar. 344 Mar. 8 764 Mar. 24 404 Mar. 23 15 1 89 Mar. 7 Mar. 15 Feb. 554 Feb. 50 84 52 124 974 Sale Sale 84 84 84 Mar. 974 Mar. 100 97 1004 Mar. 134 Mar. 13 13 714 Mar. 11 Feb. Jan. Feb. 3 Jan. 12 Mar. 18 Mar. 7 27 734 Feb. 78 33 404 Mar. 23 Feb. 84 Mar. Jan. 5 17 Jan. 14 100 Jan. 8 3 86 854 Sale 954 100 J 72 Sale 80 744 874 634 Sale 74 4 80 824 Sale 684 Sale 71 62 Sale 62 Mar. M 754 Mar. £ Sale 67 Sale 644 624 Mar. S 624 57 4 574 76 M 574 Jan. 50 44 °484 44 Mar. 51 Mar. 44 50 Feb. 50 Feb. 40 Sale 40 Mar. 42 Mar. Jan.. 45 Jan. 11 Sale a394 Mar. A 404 Mar. 44 Mar. 30 33 Jan. 50 Feb. 29 45 Mar. 244 Jan. 45 Mar. 22 52 Sale Sale Sale 99 97 86 Sale Sale Sale Mar. 87 794 Mar. Mar. A 414 Sale 88 85 81 .... Q9 82 89 48 4 30 80 394 39 424 42 4 494 784 M N J 1 M 40 Sale rt J 404 Sale 44 4 404 904 864 8 J 40 Sale J M M 494 45 — S 42 354 45 Sale Sale ~ Sale 89 Mar. 86 85 Mar. Mar. 62 Sale Sale 454 51 52 57 50 54 • Sale 45 544 Sale 464 52 50 Sale 48 494 524 48 50 O 42 50 40 A O 42 45 40 N 25 254 .1 l> 1114 J D 1124 Sale Sale 50 27 1164 Sale 116 Sale 874 53 50 594 41 Mar. 374 Mar. 324|Feb. 50 Mar. 534 Mar. 494 Mar. 564 Mar. 584 Mar. 534 Mar. 424 Jan. 434 Jan. 48 52 Mar. 26 50 Sale Sale 23 Sale 20 45 Sale 45 974 Sale 994 Sale 97 Mar. A D M N *524 2604 85 94 51 1 57 42 52 41 61 24 O F 91 41 664 30 37 4 65 29 22 29 4 Sale Sale 40 56 Mar. 28 294 Mar. 9 Mar. 28 60 254 654 254 Sale Sale Sale 39 Mar. Mar. 15 194 Jan. 284 Jan. a894 Jan. Mar Mar Mar Mar Mar 254 Mar. 41 65 664 Mar Mar. 31 *a56 29 8 5 9 36 Mar 35 Mar 4 514 Mar 11 14 Sale 30 Sale 15 23 Sale 23 Sale 25 Mar 134 214 Sale 224 Sale 424 Mar. 224 Mar. 214 Mar. 25 Mar Sale 28 Mar 26 Mar Mar. 11 i Mar. 4 40 a69 Mar. 494 Mar 15 71 Mar. 75 Sale 72 Sale a70 Sale 684 Sale 70 Sale 61 Sale 60 32 45 42 30 40 45 37 Sale Sale Sale 14 4 O D A 704 224 30 994 99 4 Sale Sale 1031 102; 10 Sale 12 42 4 (City of) 15-year 6a 1934 M N rwellies (City) 15-year 6s.....1934 M N D 3 e 40 £ sterling 2 a 364 27 44 4 1024 1024 104 '24 Deferred d ell very. Sale Sale 394 29 85 Sale Sale 11 4 Mar 29 874 Mar. 914 Mar 19 89 Mar. 92 744 Mar. g644 Mar. 83 67 Mar. 584 Mar. 364 274 40 a 101 1014 104 Mar. Mar. Mar. Mar. Mar. Mar. 73 Mar 2 Mar, 17 Mar 29 724 Mar, 634 Mar 21 434 23 344 II 46 15 1034 9 1034 30, 13 11 24 45 78 Jan. 16 Sale A Jan. 4 a764 Mar. 31 7 a764 Mar. 29 984 Mar. 24 Mar. 29 Jan. 8 254 Mar. 30 48 Jan. 14; 62 Jan. 6 Mar. 29 79 39 4 46 .....1965 M N Mar. 24 4 624 82 Mar. 15 Jan. 24 80 8 5 60 4 100 Jan. 23 Sale 334 Feb. 4 20 24 76 9 6 7 16 23 95 7 444 Mar. 654 Jan. 36 Mar. Mar. 904 14 Mar. 31 514 Mar. 11 23 72 Sale Jan. rll74Mar. 4 24 100 30 118 ; Jan. Jan. 29 85 26 34 15 14 23 a464 Sale 72 4 100 904 Sale 904 95 Feb. 254 Mar. 31 6 274 Jan. 24 4 39 13 *a654Jan. 24 254 Mar. 504 9 8 21 : 4 Mar. 28 8 1004 Mar. 24 30 344 S toth 9 Sale 294 8 64s 1954 J Irrtg Assenting s f 64s 1943 Mar. 46 1937 M (City) external iff 7s..1947 F (Prov)sec a f g 748.1950 65 Sale f 7s series B_._ 1947 M llan Public Utility s f g 7s 1952 anese Gov text s f 6 4s..._..1954 F Austria 56 a764 *76 4 984 544 29 58 4 Mar. 12 274 Jan. 19 A 1957 A 9 Mar. Mar. 564 Mar. 28 52 444 Mar. 93 Mar. Jan. 394 Jan. 194 Mar. 364 124 13 4 M N sec s 93 30 Feb. 504 Feb. 29 494 Mar. 5 1104 Jan. al084Jan. Mar. 28 29 534 Mar. 21 324 Mar. 22 *a654 Sale" *a764~S~a"le~ *a65 4Mar, *a694 Sale *75 764 *a694 Mar, 354 604 O 1950 J 1960 A 57 4 654 Sale !I* Mar. Mar. Mar. Mar. Mar. Mar. 19 J Mar. 504 Mar. 494 Mar. 494 194 204 254 118 Sale 1154 1134 1154 Sale 914 1990 a87 Mar. 22 214 89 Feb. Feb. 35 Mar. 22 Mar. 12 Mar. 12 Jan. | 21 M N 30 814 Jan. 79 76 75 21 Mar. 874 Mar. F Sale ft* 754 Mar. 2 554 Feb. 16 Mar. Mar. 594 Sale A Mar. 22 Jan. 82 55 Sale 100* Mar. Jan. 57 Mar. 914 Mar. 884 Mar. a87 834 Mar. Jan. 854 Jan. 704 Jan. 854 Mar. Mar, Sale Sale Sale 36 M 19 89 85 77 80 23 36 Sale ♦ At the exchange rate of 84.865 18 4 61 dellln (Colombia) 16 154 Jan. Mar. Sale ... Jan. 154 Jan. Jan. 18 25 13 614 (Stare Mtge Bank)— I e 7* 3 16 75 11 Sale K 18 Jan. Jan. O external 8 f 78.1951 J sinking fund 54s Jan. Mar. 10 9 o ser A 18 153 143 143 124 Mar. Jan. 154 Mar. 16 3" 74> 4 18 15 124 Mar. 31 124 Mar. 31 94 Mar. 30 Sale 1958 4s 13 Mar. 144 Jan. O 1946 A t Jan. lo A F ext 6 Jan. 19 Sale 23 374 Sale Mar. r43 Sale Sale Sale Sale Mar. 24 3 16 15 16 16 15 24 21 22 60 78 Mar. 384 Mar. 8 424 Mar. 1 184 Mar. 11 Mar. 10 24 Sale 304 Sale 394 Sale 784 85 704 88 31 22 23 22 28 2 114 Mar. 12 Sale Sale Sale Sale 12 Sale 88 gaie. 124 Sale 1134 Sale 12 124 114 134 264 Sale 71 xlcan 3 15 Sale 1949 21.000J falian Cred Consortium 7s 131,000! 36,000| 90 144 Sale Mar. 10 964 Mar. 21 12 Sale Sale m 964 Mar. 21 Mar. Mar. Mar. Mar. Mar. Mar. Sale ipzlt) 81 Feb. Jan. Mar. 11 71 ons 8 Jan. 90 92 85 ed 204 Jan. 80 Sale 144 Sale D ConIuvIh 8 Mar. 93 78 Bks 64s 1960 (J5=£I) (Kingdom) SpPn 12 414 Jan. 81 38 76,000 Hungary (King of) • f 7 4«_.._—1944 37,000 Irish Free State externa! 5s 1960 72,000 80,000 5,000 159,000 Jan. Mar. 14 Mar. 11 774 Mar. 2 914 Mar. 2 924 Mar. 21 34 Hungarian Mun Loan 74s i 1945 Fsternal » f 7« I Sept f 1946 20,000 Hungarian l.aod Mtge 74s A 1961 M N 20,000 S f 7 4« series B .....1961 M N xtl Mar. 14 37 34 944 Sale 934 Sale 384 Sale . Heidelberg iCItyi extl 145,000 I 1,505,000 J 516,000 5 784 Sale Sale Hamburg (State) 6s. External 244 Jan. Sale 4 Sale 254 Sale 214 « f «ec 7s. .......1964 M N Sinking fund secured 6o__....19b8 F A s f 6o_. ....1952 AO 85,000| 374 Mar. 11 42 184 5 Mar. 5 13 20 4 23 Halt) (Rep. of) Cost Italy Mar. 55 Jan. 924 Sale 304 Sale 54.000 593,000 71 87 86 Mar. 11 394 Mar. 21 a24 78 75 61,000 Greek (^«>vt Helslngfnrs 12 29 53} War Loan fop 1029 ($5=£1)1947 22,000 Greater Prague (City) 74a. 1952 169,000 35,000 58,000 84,000 164 Mar. 12 D 89,000! 62,0()O 17,000 Mar. 28 16 O Communal Loan) Registered.- 32.000 12 A 23,000iGrat (Municipality) 8s.........1954 3,004,000 Grf Brit A Ire.. 20-year 84s....1937 , Sale .......1965 J Republic extl 7s Pro* 12 304 Mar. 23 J A (■ermao Gov't International—» Agrlc Mar. 15 15 Mar. 37 Jan. 16 Jan. 404 Jan. 394 Mar. 28 16 8 8 10 15 11 J loan 64s A.......1954 A 3,000 External 6 4s Ser B 1954 101,000 Frankfort (City of) s f 64s 1953 383,000 French Republic 20-yr eitl 74s..1941 299,000 External s f 7s of 1024 1949 (Cons 50 Feb. 26 8 External sinking fund 7s......1950 M 8 External sinking fund 6Vis 195a M S Extl sinking fund §4a.— 1958 F A German Feb. Mar. Mar. Mar. Jan. Mar. 7 Mar. 15 55 374 Mar. 11 11 Mar. 31 364 Mar. 11 50 Mar. 30 11 15 7 85 Mar. 14 134 94 8 1947 J 239,000 584 Mar. 11 14 11 12 27 434 484 484 574 264 584 Mar. 15 304 13 A Dutch East Ind (German Mar. 28 30 8 32 2l' Mar. 28 Mar. 21 Mar. 20 13 6 2 15 274 254 Sale M N 54s....1940 19,000 Finland (Rep of) external 6*....1945 [ 5,589,000 U,756,000 23 184 454 394 394 Mar. 24 Jan. 26 13 ...1940 4 40-yr external sink fd gold 6s .1962 167,000 30-yr external gold 54s_.Mar 1953 9,000 30-yr external gold 54*—Nov 1953 13,000 30,000 EI Salvador (Rep) 1st S f 8s. 1948 38,000 Estonia (Republic) 7s..........1967 mun 484 Mar. 8 484 Mar. 8 574 Mar. 10 Mar. 17 65 20 1945 M N 7,000 Finnish Mar. 31 Mar. 1 Mar. 2 63 294 Jan. 334 Feb. 3 .... 1926... 2d series sinking fund 69,000 75,000 Mar. 31 394 Mar. 30 Sale Sale N Dresden (City) extl • f 7s 42,000 Mar. 11 85 _ 29 (Dept Colombia) ... sec 25 Mar. Mar. 23 Sale 29 Sale 13 D 1st 7 114 Sale 104 Sale 114 144 J External s f 6Vis 96,000 1959 33,000 Czechoslovak (Rep of) exit 8a...1951 Sink fd 8s ser B 18,000 1952 484,000 Denmark 20-yr external gold 6a .1942 External g 5 4s 199,000 1955 Gold 4 4s. 530,000 1962 Deutsche Bank Am part ctfs 6s. 1932 321,000 51,000 Dominican Republics f54s_—1942 2d series 54s 1942 16,666 70 35 40 39 (46 254 Mar. 20 70 37 A Cundlnamarca r254 Mar. 15 Feb. Feb. 13 554 Jan. Jan. 5 314 Jan. Mar. 29 284 Jan. Jan. Mar. 29 a22 10 Jan. Feb. 8 8J Jan. Mar. 4 5 Mar. 31 Jan. 8] Feb. 984 Jan. 13 103 18 Jan. 4 314 Mar. 16 Jan. 5 r254 Mar. 154 Jan. 2 254 Mar. 25 Mar. 124 Jan. 6 25 38 35 34 62 June 30 1945 J 2 314 Mar. 11 Mar. 56 124 Sale A Public Mar. Mar. 29 Sale 384 Sale 20 4 1953 J 8 7 894 Mar. 11 Feb. 29 4 alOl 4 1014 Mar. 1 46 37 20 47 Sale A 1949 F 404 444 474 Sale 224 Sale Sale d 1949 F Series C f 54a Works 5Vis Mar. Mar. 23 224 204 84 74 54 12 J 1942 J 7a..1951 M N a Mar. Mar. 22 4 Mar. 31 194 Mar. 174 Mar. Sale 37 37 1952 j 5s ext debt Ser A of 1914 30-year 554 Mar. 30 Jan. 124 MN 4 Hs extl loan 23 20 Sale 29 O of 1904 .......1944 M Mar. 24 63 304 Mar. 11 284 Mar. 10 L014 Mar. 16 Sale 42 Nov 151937 MN (Rep of) 5s 40 30 31 29 29 80 914 Jan. 914 Jan. 144 354 324 324 344 144 1947 F Cordoba (Prov) Argen 7a Costa Rica (Republic) extl 5 Sale Sale Sale Sale 774 134 15 334 384 294 Sale 294 Sale O Gold 4Hs Int ctfs 1953 M Cordoba (City) external a f 7a... 1957 F Mar. Mar. Mar. Mar. Mar. Mar. Mar. 22 " Sale 86 75 J A A 894 Mar. 11 Sale Prices. Sale .... 189,000 Mar. 30 Mar. 31 101 Mar. Mar. 14 1014 Mar. Highest. Prices. Sale 15 Sale 743 893 ..... Ext a f g 6s int rets 356,000 1.—.1961 146,000 Colombia Mtge Bank 6 4* .....1947 Sinking fund 7s of 1926 144,000 1946 Sale Prices. 144 57 254 Prices. 42.4 464 22 4 23 494 504 434 434 48 324 Sale 324 Sale 194 20 334 35 55 35 85 Sale Sale 85 97 98 57 Sale 374 Sale 41 Sale Sale 1960 ...1960 Buenos Aires (Pro?) ref. ext'la f6s 1961 M S External a f 64a 1961 F A Bulgaria (Kingdom of 70 Sale 174 Sale 394 45 (City) extl 64>—-1955 f g 6s series C-3 f 6s series C-2 Sale 664 70 294 Sale 354 41 1957 m e 1958 F A 1950 f 6a... a Sale 14 ...1952 J D flat 1952 A O aec>._ Bremen ext g 7s trust recta.....1935 M S 5 1034 1024 Sale 264 20 244 Sale 234 IV* 224 Sale 1957 A O 1957 A O 74 Sale 54 Sale Sale Sale Sale Extl Sale Sale 23 Lowest. Highest. 554 234 204 84 74 54 Sale 99 Bordeaux (City of) 15-year 6a... 1954 MN Brazil (U S of) external 8a 1941 J D Ext RANGE SINCE JAN. 1. Lowest. Ask. Sale Sale 65 Bogota (City) ext g 8a .....1945 A O Bolivia (Republic of) a f 8a 1947 M N External aec gold 7a J ......1958 J 1969 m Bid. 924 Sale 924 Sale External a 1 5a .........—I960 M S Berlin (Germany) a f 64a 1950 A O External sinking fund 6a......1958 J D Extl sink fund 7a March 31. 80 D 1956 MN f 5a_Oct 15 1949 A O a PRICES IN MARCH. March 1. 1932. Foreign Government (Continued) 550,000 Belgium (Concl) External • f 6«—i955 External 19 Jan. 2 exchange. $ 564,000 928,000 9,000 10,000 82,000 224,000 34,000 66,000 53,000 86,000 86,000 165,000 469,000 143,000 118,000 15,000 368,000 71,000 51,000 150,000 213,000 51,000 25,000 35,000 354,000 155,000 206,000 81,000 EXCHANGE—BONDS 3 4 Jan. Feb. 13 844 Jan. Jan. It* 30 31 4 82 Jan. 704 Jan. 604 Jan. 4 Mar. 11 55 75 92 23 100 28 83 Feb. 18 18 Mar. 7 Jan. Jan. Jan. Mar. 12 14 18 29 Feb. 29 Jan. 12 Mar. 17 2 75 Jan. ]a664 Feb. 26 84 Jan. 16 21 734 Jan. 22 3 57 Feb. 25 Mar. 12 31 25 434 Mar. 12 Mar. 11 Mar. 21 Mar. 1 Mar. 1 Mar. 21 26 33 Jan. Jan. Jan. 984 Jan. 984 Jan, 10 JaA. 24 Feb. 5 35 Jan. 16 46 Mar. 21 13 1034 Mar. 1 13 1034 Mar. 1 2 184 Jan. 28 8 34 Jan. 27 12 EXCHANGE-BONDS N. T. STOCK 30 Sales in foreign GOV T So- Assenting 5s of (Concluded) of 1899£ 1945 1899..........1945 Ask. Assenting 4s of As-tenting 4s of Treas 4s of 13"666 1910 large...... 1910 small 1913 assent (large) 1933 J J Small Sale' 11 20)4 50 Sale 80 80 82 89 66 78% 78% Sale 76)4 Sale 66 Sale 77 71 59)4 65)4 Sale Sale eo% Sale Extl Sec f g 7s Int rets w 1__ a SanteFeProv (ArgRep) extl 7s ..1942 Saxon Pub Works (Germany) 7s_1945 Gen ret guar serial gold Saxon State Mtge Inst 7s S Fg6)4a. 6%s._1951 1945 .__Decl946 Serbs. Croats 8c Slovenes extl 8s. 1962 Ext see 7s ser 1962 B Silesia (Prov) extl sink fund 7s..1958 1947 Sileaian Landowners Assn 6s 609,000 134,000 89,000 149,000 16,000 113,000 28,000 3,000 40,000 Soissons(Clty)ext 15-yr g 6sNov 14 '36 Styrla (Prov) extl sec s f 7s...... 1946 Sweden (Kingdom of) 1954 5)4*.....1946 1955 1971 Tokyo City loan of 1912 5s 1952 External a f 5)4s guar 1961 Tollma (Dept of) external 7s 1947 Trondhjem (City) lat ext g 5%S—1957 Upper Austria (Prov) extl s f 7s..1945 External a f 6)4s 29.000 June 15 1957 46,000 Uruguay (Rep) external s f 8s 1946 Ext s f 6a_....... 1960 174,000 Extl s f 6s May 1 1964 80,000 38,000 Venetian Prov Mtg Bank 7s.....1952 ....1952 231,000 Vienna (City) external 6s 129,000 Warsaw (City) external 7s.......1958 1961 250,000 Yokohama (City) extl s f 6s.. Extl g 5Xs Switzerland (Govt) ext f g 5)4* Taiwan Elec Pow 5%s Sydney (City) s Sale 52 Sale 79)4 70 94 01% 93 58 7% 10% Sale 6 Sale 5% 5% 58 % 58)4 Sale 56)4 59% U% 57)4 Sale 15 Sale 9)4 11)4 9 12% Sale Sale Sale Sale Sale 15 26 Sale 70)4 Sale 60)4 Sale 50 Sale 17% Sale 10 Sale 12 Sale 8 16 17 18 28 29 1 29 2 57% Mar. 12)4 Mar. 9 Mar. 25 Mar. 25% Mar. 70% Mar. 60)4 Mar. 40 Mar. 1 1 7 31 29 30 1 1 Mar. Mar. 10 Mar. 67% Mar. 87% Mar. 44% Mar. 58 23 47 58 21 Sale 1-4)4 11 37 Sale 11 Sale Sale 18 Sale Sale 37 43 13)4 18 10)4 Sale 48)4 45 25 24 23 40 Sale Sale 26)4 33 21)4 Sale 45 40 Sale Sale Sale 13% 10% ! I" 99)4 38 79)4 102% Sale Sale 37 Sale 55 58 45)4 32)4 57)4 Sale 15 11% 50% 63 29)4 40 45 23)4 Sale 24 Sale 80)4 04% 57 34% Sale 14 i!K If* 1 101% Mar. 1 42% Mar. 48 49% Mar. 23 Mar. 2 41% 43% 40 Sale 52 51% Mar. 29 8 9 Mar. 11 10 55 50 36% 26% Sale ■ 85 Sale 56 "33% 53% Mar. 14 4 35 Mar. 26% Mar. 28 42 Sale Sale [a40% Mar. 30% Mar. 30% Sale Sale 30% Sale 48 00% 84% 91% 58% Sale 60 Sale 43 Sale 41 Sale 56. Sale a58% Sale Mar. 84% Mar. 58 Mar. 40% Mar. 56 Mar. 30 60% 48 Jan. 8* 11 8 Jan. 16 26 30 31 28 ~ 26 14 ?s Mar. 16 Mar. 15 Mar. 11 Jan. 9 25 14 33% Jan. Jan. 14 Mar. li* 22% Jan. 21% Jan. Feb. Jan. 88 Mar. 23 Feb. 8 69 Mar. 23 Jan. ^55 Feb. 21 Jan. 12 Jan. 10 Mar. 30 US 10 Jan. 4 13 Jan. 12 Jan. 6 18 Feb. 4 12% Jan. 10 Jan. 1 66% Feb. 7 84% Jan. 41% Mar, 24 Zf* 94 Jan. Jan. 20 15 18 22 18 13 26 11 8 Mar. 56 Jan. 6 Jan. Jan. 22 60 13% Jan. 10% Jan. 15 23 Feb. 28 3 4 rl7 Feb. 11 Jan. 7 50 Feb. Feb. 13% Jan. 27 25 Jan. 5 18 Jan. 17 Jan. 40 33 Mar. 3 Mar. II Mar. III 46 16 8 Mar. 29 9 8 34% Jan. 21% Jan. 8 Mar. 9 Mar. 2 8 Mar. Mar. 22 Mar. 31 4 Mar. 35 33 Jan. Jan. 4 3 7 8 Feb. Mar. 42% Mar. 2 19 50 Jan. 25 47 Jan. 4 47 5 28 Jan. 12 12 Mar. Jan. 28% Jan. Mar. 11 79% 103 Mar. 11 101 50 Mar. 2 34 58% Mar. 5 49% 43% Mar. .18 35% 58 Mar. 4 49%. 3 9 12% Mar. 58 Mar. 3 41% 41 Mar. 21 28% 26% 35% Mar. 10 50 Mar. 12 o31% 23% 35%M ar. 10 24 34% Mar. 11 80% 91% Mar. 3 47 62% Mar. 14 32 45% Mar. 11 4 63 %Mar. 55% 33 48 4 11 31% Jan. 18 Jan. 97 6 9 15 16 64% Mar. 3 45% Mar. 11 34% Jan. 16 4 31% Jan. 22% Jan. 19 Jan. 7 Jan. 92 Mar. 22 Sale 59% 4 Jan. 48% Mar. 7j 22 Mar. 11! 18 Mar. 19; 15 Mar. 7 64 10 56 33 % 5 Jan. 5% 46% Mar. 24 21 Mar. 31, 16 Mar. 11! 102 83 Mar. 50 48 8 10% Mar. 24 Mar. 4 5% Feb. Mar. 31 86)4 Sale 27 22 18 Mar. 14 75 Jan. Alar. Jan. 68% Jan. 10 101% Sale 42% Sale 57 51% 47 37% 52% Sale 102 Mar. 28 72 35 84 24% Mar. 16 31% Jan. 1 Mar. Mar. 4 Mar. Mar. 10 70 2 5 m 43 21 Mar. 10 70% Mar. Sale 39 84 76% Mar. ft" 43% 40% 34% 10 59 Feb. Mar. 11 79 18 35% 32 28* 16 98)4 18 7 26 84 5 5 15% Mar. 8 Mar. 29 57% Mar. 29 64% 40% Mar. 26 45% 42% Sale Sale 25% Mar. 31 33% 25% Said 22 Mar. 28 29 Sale Sale 43 Mar. 29 48 Sale 38% Mar. 28 42% Sale 41 % a40% Mar. 18 47 Sale Sale 36 37% 35% Mar. 28 41 Sale Sale 44 40% Mar. 2 47 26 24 Mar. 29 25% 28 24% Sale 101 Mar. 14 103 Sale 103 42 Sale 34% Mar. 40 38)4 12 11% Sale 61% Salei 42 40% 33)4 31 18 Mar. 68 27 Mar. 31 Mar. 31 Mar. 19 19 84% Jan. 45% Mar. 11 17 Mar. 29 14 Feb. 25 97% Feb. 27 62% Mar. 18 Feb. 29 14% Jan. 12 Jan. II Jan. 4 7 Mar. 11 Mar. 10 14 24' 10)4 Mar. 1 22 18 Mar. 1 30 11 %Mar. 21 71 73 Mar. 28 22 94 Mar. 8 24 50% Mar. 2 17 45 21 18 Jan. 105% Feb. 15 55% Mar. 11 Jan. Mar. 23: Mar. 30, 12 Jan. !?* 50 8 16 28% Mar. 14 45 Mar. 31! 10 10 70% Jan. 85 24 10 2 Mar. 5 23 Feb. 23 Mar. 3 62% Mar. 18 9)4 Mar. 1 12% Mar. 11 6% Mar. 2 6% Mar. 11 60% Mar. 16 58% Mar. 15 64 Mar. 11 16 Mar. 9 10% Mar. 17 33 Mar. 15 31% Mar. 9 88 Mar. 23 Mar. 23 69 97 5 10% Sale 9 10 10% 12 10 Sale 71% Sale 91 Sale 40% 10% Sale 18 Sale 11)4 Sale 70 )4 Sale 88% 100 50 51 31 3 4% Mar. 16 10% Mar. 10 Mar. 21% Jan. . Mar. 14 3 3 Mar. 5 lr 4 Mar. Mar. Sale 2% Mar. 4% Mar. 18 Mar. 100% Mar. 30% Feb. 29% Feb. 83% Mar. 9 70 Jan. 84* Mar. 11 71% Jan. Mar. 10. 70 Jan. Mar. 4 79 64% Jan. 76% Mar. 10 63% Jan. Mar. 16 70% 59% Jan. Mar. 28 70 64% Jan. 28% Mar. 11 20)4 Jan. Mar. 3 60 52 Feb. Mar. 4 59 48% Mar. Mar. 14 75 60 Jan. 18 56 25)4 Sale 79 Sale 65 Sale 41 % Sale 10 Sale 31 88* Mar. 8 Mar. 10 Mar. 21 Mar. 24 Mar. 4 Mar. 5 55 3% Feb. 62 Mar. 1 22 8 101% Mar. 16 Mar. 11 1 Mar. 7 1 28 01% 59)4 8% 10% 5% 5% Sale Sale 9 32)4 Sale .1950 1956 1968 ...1940 irA 6 —1953 ...... 27)4 56 55 Mar 1952 May 15 1957 f 8s.....1936 f 6s int rets s 80 94)4 97)4 58)4 00% 9)4 Sale 11 12)4 Sao Paulo (City) s f 8s.. Ext 7s water loan. 71)4 70 70 Mar. 5 7 Mar. 1% Feb. 20 2% Jan. 28 4 Jan. 20 3 Jan. 8 Mar. 13 13 31 5 Mar. 12 Mar. 7 5 4% Mar. 18 Mar. 2 Mar. 30 5 68 Mar. 28 22% Mar. 18 Mar. 100% Mar. 50% Mar. 50 Mar. 78 Mar. 70% Mar. 74% Mar. 75 Mar. 72% Mar. 70 Mar. 70 Mar. 22% Mar, 56)4 Mar. 48% Mar. 70 Mar. 50)4 Sale 43)4 external s f 6)4* 1952 f 6s .....1964 Roumania (Monopolies) 7s 1959 f 8s.......... 3 10)4 Mar. 23 10 44)4 Rome (City) s Mar. 3 Mar. 22 ■4)4 Mar. ~2 65% Mar. 23 Sale' Sale 101 Rotterdam (City) ext s External 67& 27)4 25)4 25)4 Sale 29 Sale 15 ; 13 120,000 Ext s f g 6a 1968 95,000 Ext s f 7s of 1926 1966 32,000 Extl a f 7a munic loan 1967 33,000 RiodeJaneiro (City) 25-yrsf 8s .1946 133,000 External sec s f g 6)4* 1953 San Paulo (State) ext s 4 > Sale 11 J8* 29 216,000 External s f 88 1950 7,000 Porto Alegre (City of) 8s 1961 J D 12,000 External guar sink fund 7)4*..1966 188,000 Prussia (Free State) ext a f 6)4—1951.M S 320,000 Sf gold 6s 1952 * " 120,000 Queensland (State of) ext s f 7s. _ 1941 112,000 25-year extl s f 6s Feb 15 1947 195,000 Rhine-Main-Danube deb 7s ser A 1950 52,000 Rio Grande do Sul (State) ext 8S.1946 Ext Isec s f g 6)4* 7 3 Mar. 2% Mar. 4 4 Mar. 12 5 Mar. 7 2% Mar. 3 4)4 Mar. 3 5 Mar. 3 4% Mar. 16 5 4% Mar. 18 5 15 67)4 Sale O Panama (Rep) external 5)4*- ——1953 94,000 Extl s f 5s aer A May 15 1963 6,000 Pernambuco (State) ext sec 7s..1947 20,000 Peru (Rep) Sec s f g 7s... ......1959 132,000 National loan ext s f 4s 1960 238.000 S F 6a Int ctfs w 1 ........1961 86,000 Poland (Rep of) g 6s 1940 514,000 Stabiliz loan 7s of *27. Oct 15 1947 Saarbruecken (City) s f6s Sale Prices. 2% 4 4)4 4 92,000 4,000 4,000 20,000 27,000 25,000 25,000 67,000 639,000 66,000 198,000 156,000 11,000 39,000 121,000 143,000 99,000 6,000 52,000 81,000 Highest. Sale Prices. Sale Price. 3% Mar. 230,000 Milan City (Italy) ext loan t%s—1952 A Mlnas Geraes (State) Brazil.-— 70,000 External sinking fund *%*——1958 114,000 Ext sec 6%s series A ......1959 37,000 Montevideo (City) s f g 7s....—1952 18,000 Ert s f g 68 aeries A 1959 90,000 Netherlands s f 6s flat....—....1972 522,000 New South Wales ext s f g 5s—1957 008,000 External s f g 5s ...——1958 90,000 Norway 20-year ext s f 6s_Aug 15 1943 39,000 20-year external s f 4s. Aug 15 1944 /1.000 30-year external s f 6s Oct 1952 J8.000 40-year ext s f 5Hs.— June 15 1965 155,000 External s f 5s— Mar 15 1963 8,000 Municipal Bank extl s f 5s 1967 5,000 Municipal Bank ext s f 5s——1970 43,000 Nuremberg (City) external 4s...1952 305,000 Oriental Development 4s— 1953 143,000 Extl deb 5%s int ctfs ....—1958 17,000 Oslo (City) 30 year s f 4s 1955 287,000 13,000 157,000 Lowest. Sale Prices. 5 2% 3)4 Sale Highest. 10 3)4 4% 1904........—1954 Assenting 4s of 1910—........— Lowest. , Ask. Ask. Bid. Bid. 2% Assenting 5s large Assenting 4s of March 31. March 1. 1932. Bid. (U S) external 5s Mexico 4,000 5,000 2,000 11,000 18,000 27,000 Jan. 2 EXCHANGE. N. Y. STOCK RANGE SINCE JAN. 1. PRICES IN MARCH. Price BONDS March. Value. 8 15 25 103 42 11 Mar. 31 92 Mar. 11 Jan. Jan. Jan. 5 22 103 50 5 26 58 18 21 18 Mar. 3 Mar. 21 70 4 Jan. Feb. 23 Mar. 28 Jan. 13 2 Jan. Jan. 18 8 Jan. 38% Jan. 14 60 Mar. 12 35% Mar. 10 34% Mar. 11 91% Mar. 3 8 64% Jan. 2 Jan. Mar. 41 2 Feb. Feb. 27 Mar. 16 2 Jan. 67% Jan. 45% Jan. Mar. 2.1 4 Mar. Jan. 7 Jan. 19 Jan. 4 Feb. 26 8* Mar. 11 Jan. 16 RAILROAD AlaGt Sou 1st First cons cons 5s ser A_. 4s series B 1943 1943 1946 Allegh 8t West 1st g gu 4s 1998 Alleg Valley gen gu 4s 1942 Ann Arbor lat g 4s July 1995 Atch Top 8fc S F gen g 4s .......1995 Registered.... 1995 Adjustment g 4s.. July 1995 Stamped .....July 1995 Albany 8c Susq 1st guar 3)4*. 1.000 9,000 435,000 2,000 22,000 109,000 4,000 13,000 54,000 186", 600 18~666 47,000 *9"666 15,000 123",066 14,000 63,000 8,000 4,000 287,000 4,000 712,000 160,000 204,000 184,000 99,000 263,000 115,000 88,000 1,156,000 40'666 95 76 "60% "70"" 71 83 87 ... 17)4 88 80 30 Sale 79)4 85 ... Registered ............ 1909 .....1955 1905 1955 Conv g 4a of 1910 ...I960 4)4*——..——1948 Rocky Mt div 1st 4s A— 1965 Trans-Cont Short Line 1st 4s gl958 Cal-Arizlat8cref4)4* ser A...1962 Atl Knox 8c No 1st g 5s 1946 Atl 8c Char Air Line lat 4)4* A..1944 1st 30-year 5s ser B 1944 Atlantic City 1st con guar g 4s 1951 Atl Coast L 1st cons 4s July 1952 General unified 4)4*-.-. 1964 L 8c N collat gold 4s Oct.. 1952 Atlantic & Danville 1st g 4s 1948 Second 4s 1948 Atlantic 9c Yadkin 1st gu g 4*..1949 Austin 8c N W 1st g 5s 1941 July 1948 80 1933 Refund 8c gen 5a ser A... 1995 1st gold 5s July 1948 Ref and gen 6s, aeries C 1995 PLE8c WVaSysref g4s 1941 Southw Dlv 1st 3)4* at 5% 1950 86 89 87% 80% 89)4 79 51 85 87% 90 80* gjj 14)4 19 60 08% Sale 71)4 Sale 60)4 Sale 90)4 Sale 67 Sale 64)4 69 Sale 1959 75 51 2001 61)4 Sale ..._19mi lat a '43 ...1961 .... Cash sale, a Deferred delivery. 49 74 ..... 57 Sale 84 73 75 83 81 78% Mar. 1 85 83% 83 81 Mar. 10 Mar. 8 80 84 80 Mar. 88 Mar. 31 92)4 88% 00% 60 Mar. Mar. Mar. Mar. 80 2 Sale 74% 82 82% 86 90% Sale 80% 51 84% 70 89% 8 1 4 26 Jan. 91 Feb. Mar. 28 7 Mar. 8 Jan. 8 7 Jan. Jan. Mar. 10 Mar. 15 Mar. 15 Jan. 29 88 Mar. 94 Mar. 11 82 Feb. 9 Mar. 81% Feb. 80% Mar. 86% Jan. 89 Feb. 1 92% Mar. 10 85 Mar. Mar. 83 Mar. 7 82% Mar. 30 85 85% Mar. 11 82 Mar. 10 64% Mar. 3 92% Mar. 90 Feb. Mar. Mar. 11 80% Mar. 17 90 Mar. 28 80 Feb. 89 86% 84% 9 085 o74% Feb. 80 80 Mar. 10 84 73 Feb. 83% 74 Jan. 74% 74 Jan. 83% Mar. 94 71* 19% Jan. 84% Feb. 81% Feb. 82 82 20 a85 80 76 88 Sale Sale 61)4 30 85% Mar. 28 86% Mar. 8 Mar. 25% Mar. 91 Mar. 86% Mar. 89 84 Sale 80 78 Mar. 4 Mar. 11 1 92 70% 80 25 Mar. 81 89 70 Sale 89 78 81% 86 75 50 90 23 85 80 Tol Cin Dlv 1st 8c ref 4s r 78)4 Sale 84% 20% 86% 84 Refunding 5s series D 4)4* temp.— Sale Mar. Mar. 9 9 i 9 9 76% Feb. 24 79 Jan. 7 90 85% Mar. 11 Mar. 10 65 Feb. 26 35 Mar. 9 30 Jan. 15 77% Sale 77% 77% Mar. 30 62 59 Sale 59 25% 25% 31 26% Mar. 30 35 Mar. 9 19 25 29 1 29 Mar. 1 Jan. 29 Feb. 4 Jan. 19 23 Jan. 4 15% Jan. 4 30 60 77% Mar. 31 80 Mar. 7 86% Mar. 81 Mar. 9 8 77 ?80 Mar. 9 "71 55 65 35 Sale 27% 60 100% a29 81% Sale *82)4 Sale Sale 01%. Sale 77 rSale 77% Sale 76% Sale 55 Sale 67% Sale 53 Sale 78 101) 61 Sale 70 78 Mar. 4 Mar. 28 Mar. 76 75 58 82 100 78 Sale 72 76 Convert 4 )4s Conv g 78 73 72)4 Registered........... Bangor 8c Aroostoos KK Con ref mtgo gold «• 89 34% Sale 83% Feb. 23 78 Feb. 67% Jan. 71 Feb. 75% 75% 70% 84% 25% 87% 80 90 Bait 8t Ohio 1st g 4s 79 79 ... Conv deb gold 00% 90 73 Conv g 4a of Conv g 4s of 78 72 Sale 72 Mar. 31 87 55 Sale 55 Mar. 29 74 71 Sale Sale Sale 71 Mar. 30 71% Mar. 11 96% Mar. 10 79% Mar. 9 Mar. 3 80 82% Mar. 10 53 Sale 51 Mar. 29 60 Mar. 53 Sale 53 Mar. 31 71 38% Mar. 26 57 Mar. 88% Sale 61 41% Sale 85 101% 59 60 88% Mar. 29 61 Mar. 30 74 60 Mar. 31 Mar. 30 86% Mar. Jan. Mar. Jan. Mar. 7 69 Jan. Jan. 9 70 50 Mar. 12 53 Mar. 31 9 66% Mar. 18 8 9 71% Mar. 11 96% Mar. 10 87 88% Feb. 61 Mar. 30, Jan. 9 Mar. 81 Mar. 79% Mar. 80 5, 82% 6 62 71 Mar. 9 3 Mar. 10 Jan. 26 Mar. 12 Jan. 14 38% Mar. 26 59 Jan. 23 5 88 81 Jan. 60 Jan. 5, 66% Mar. 18 N. Y. STOCK Sales in March. Price 2 1932. BONDS Value. N. Y. STOCK EXCHANGE. Battle Greek 9c Sturflla flu 3a 1989 10 Beech Creek lat flu 4a. ...1936 Second fluar gold 5a..........1936 Beech Creek Extern lat A 314a.. .1951 --—Belridere Del cona fltd fl 314a 1943 Blfl Sandy Ry lat fluar 4a ..1944 61,000.Boston 3c Maine 1st 5a A C_.__-.1967 18.000 1st mortgage R» ««»Hes 2 1955 57.0001 lat fl 414a aerlea JJ .1961 19,000 Boeton ANY Air Line lat flu 4e.l956 A O 80 69 Vi 70 65 Vi F A 55 Vi J M S MN - .... fl 4s 1949 ... J J D General 4a.. Cent Pac 1st ref flu fl 4a 83 42 70 Guar 5a. Sale 75 59 87 Sale 96Vi Sale 81 Sale 77 Vi 76 Sale 80 Vi Sale 81 % 75 Sale 72% 80 92 9354 95 Sale 9954 84 61 65 15Vi ..... 66Vi 77 8434 84 Vi 8434 81 78 Vi 78 Vi 98 Vi 98 Vi 91V4 60% 75 Vi 85 Vi 77 V4 Sale 92% Mar. 10 85% Jan. 67% Jan. 29 5 88% Jan. 20 78% Mar. 9 77 Feb. 26 68 Mar. 31 78% Mar. Mar. 24 Mar. 29 Mar. 9 Mar. 11 Mar. 14 65 5 87 58% Mar. 89% 48% 80 85 80% 79% Sale 79% Sale 86% Sale 85% 86% Sale Sale 82% Sale 80% Sale 80% Sale 98% L00% Sale 92% 91% Sale 60% 84 72% 88 81% 75 Sale 73 Sale 92% 51% Sale 87 Sale Sale 80 Sale Sale 87% 84 Sale Sale Sale Sale 93% Sale 77 Sale 2 87% Mar. 7 90 Mar. 57 Mar. 17 49 80 Mar. 28 Mar. 23 77 Mar. 78 Mar. Mar. Mar. Mar. Mar. 75 Mar. 73 Mar. Mar. 39 20 88 90 87 90 95 89 §5% 88% 87 Mar. 40 45 42 Mar. 86 Sale 35 97V MN 60 30 J 96 J ..... 67 40 Sale 98 40% 80 90 88 97 Vi 81 Vi 97 Vi 76 Sale 67 68 Vi Sale 81 67 n ft* Jan. 80% Jan. 81 75 Jan. Jan. 73 4 Jan. Jan. 2 57% Feb. 13 6 8 92 Jan. Mar. 85 8 8 8 83% Mar. 83% Mar. 75% Feb. 10 83 Mar. 88% Mar. 14 18 2 5 91% Jan. 8 8 8 Mar. 90 90 Mar. 7 Mar. 11 7 Mar. 10 Mar. 12 18* Mar. Jan. 4 P 77% Jan. 70% Jan. 5 5 Mar. 7 83% Mar. 7 9 65 81 88 Jan. Feb. 4 80 2 21 Feb. 90 Mar. 10 Mar. 10 86 Feb. 90 85 Jan. 19 5 94 Mar. 10 Jan. 29 2 Mar. 17 40 Jan. 5 47 Mar. 16 68% Feb. 11 r81 53% Mar. 8 31% Mar. 17 2 2 91 47 Mar. 16 r81 35 60 Mar. 12 Mar. 7 80 64 20 75 50 8 2 18 23 9 32 37 8 83% Mar. 82% Mar. Mar. 34 75 64 Mar. 5 §3% 29% 79% 10134 5 4 80 r81 68% 48% Sale 48% Mar. 31 15 Mar. 15 30% 30 22 25% 24% Mar. 29 50 63 36 Vi 89% Mar. 11 Jan. 7 50 38 95 Mar. 5 Jan. 11 61 83% Mar. 16 Mar. 40 O 25 Vi 25Vi A 40 4 79% Feb. 24 Mar. 14 77 88 Mar. Sale 75 90 11 72% Jan. 73% Jan. 72% Jan. 8 8 8 8 694 60% Mar. 76% Mar. 81 Jan. Jan. 70% Feb. 26 Mar. 11 if* Mar. 78% 98% 98% 91% Mar. 29 51% Jan. 4 Mar. Mar. Mar. Mar. Mar. 8 Mar. 14 Mar. 8 83% Mar. 8 83% Mar. 8 99% Mar. 7 102 Mar. 11 93% Mar. 7 Mar. 10 Mar. 84% Mar. 81 Mar. 24 83 83 82 90 90 83% Mar. 84 83% Mar. 16 68 89 V 84% Mar. 78% Mar. 78% Mar. 20 "38 Vi "42" 9 77 74 75 97Vi 7434 49 90 60 72 Vi 95 J M 99 Vi — 32 Mar. 3 44 Feb. Mar. 10 Mar. 17 Mar. 16 16 55 Jan. 14 25% Jan. 2 24% Mar. 29 41 Jan. 38 Jan. 13 14 75 69% Sale 11" 91 92 50% Mar. 31 65 39 Mar. 2 Mar. 30 89% Mar. 87% Mar. 7 7 50% Mar. 31 50% Mar. 31 50% Mar. 31 73 62 39 73 Mar. 12 46% Mar. 8 94 Mar. 14 90 Mar. 10 Sale 77% Mar. 31 85 Mar. 72% Mar. 16 % Mar. 3 72% Mar. 16 8 Jan. 7 Mar. 30 7 7 50 98 94 Feb. 17 Jan. 2 76 85 89% Mar. 87% Mar. 76 90 74 7634 ... 76 Mar. 12 Jan. 15 Jan. 16 Jan. 12 Feb. 17 8 Mar. 79% 76% " 79 Mar. 10 72% Mar. 16 77% Feb. 3 79 Mar. 10 66 Feb. 8 99 Jan. 4 103 95 99 Vi 100% 100% Sale 85 Sale Sale 8* "93" Sale 8 82% Sale 8 90 80 80 ~42 Vi J 40 Mar. Sale J 79 Vi 83 ..... ..... ...... J 2 103 Mar. 9 91 Mar. 8 Mar. 11 J Jan. 8 93% Jan. 11 Registered.... .... 8 F A 88 85 Vi F A 95% 191*666 Registered Sec. flold 4 Via series A Convertible flold 4Via 83 85 Feb. 20 Mar. 11 85 Mar. 31 86% Mar. 11 95 80 Mar. 16 81% Mar. 16 a75 70 Sale 70 Mar. 31 79 Mar. 14 99% 85 42% Mar. 28 Mar. 4 48 Mar. 11 40 9 40 Jan. Jan. 80% Mar. 24 84 Mar. 11 79 Feb. 89 V Mar. 11 86~" Janl"l2 "89% Mar."II Sale 99% 86% Mar. 11 99% Jan. 13 75% Jan. 99% Jan. 87 44 70 Jan. Mar. 31 81% Mar. 16 Mar. 14 79 99% Sale 45 Sale 47% Mar. 48 Mar. 11 47% Mar. 9 "75" 79% 81% 90 88% Sale 84% Sale 93 97 95% 84 80 81 Sale 15 16 J J 50 Vi 90 J J 55 51 42 1947 J J 23 20 Vi ~ 84 M S 90 Sale 1966 MN 1966 J D F A 86% 84% 98% 60% 10% 82% 46% 53% Sale 87 Sale 68 Sale Sale Sale 60 91 32% 33 54 30 31 36 Sale 85 Sale 90 J J J MN 86 Mar. 28 3 Mar. 11 84 1 88 V Mar. 15 82% Feb. 16 Mar. 1 88 Mar. 12 83 Feb. 96% Mar. 2 99 Mar. 11 93 Feb. 65 Jan. 84% Mar. 84 Mar. 26 9 9 16 88% 88% 99% 70% 16% Mar. Mar. Mar. Feb. Jan. 87 Mar. 56% Jan. 60 Mar. 50 Mar. 15 12 11 29 28 50 42 Mar. 26 65 10% Mar. 31 82% Mar. 31 12 Mar. 87 Mar. 10 60 Mar. 28 Mar. 8 60 60 50 Mar. 8 50 38 35 2 2 9 37% Mar. 29 39% Mar. 19 80 Mar. 9 14 42 Feb. 24 36 Mar. Mar. Mar. 24% Jan. 39 28 Jan. 25 80 Mar. 9 40 80 Jan. 14 Mar. 9 60 59 50 Vi 62 60 60 Mar. 29 8 57% Jan. 5 66% Mar. 71 58 72 65 46 54% Mar. 35" 40 w* 29 95 82 62 60% Sale 60% Sale 60 71 52 57 53% Mar. 2 58 Mar. 1 72 Sale 64 65 34 Vi Sale 8% Sale 6434 65 69 38 9% Mar. Mar. 7 10% Mar. 31 80 Feb. 10 Mar. 28 lj 46 8 8 50% Feb. 29 47 Feb. 24 10 14 8 8 31 J 1969 J 1989 J 1989 1989 1989 J 1989 J 30 J 1956 J 96Vi '85% "I-I 80 11 85 5334 Sale 67Vi 85 95 Sale 65% Sale 65 70 72 64 66%- Mar. 29 66% Mar. Mar. 18 Mar. 12 71% Mar. 16 72 Mar. 5 39% Mar. 2 10% Mar. 3 51 62 Jan. Jan. 2 71% Mar. 16 58% Jan. 59 Jan. Sale 66 Sale 28% Sale 6% Sale 66Vi Mar. 17 29% Mar. 31 6% Mar. 31 51 57% 57 Mar. 21 61 Mar. 14 56 Jan. 63 62 Mar. 1 Mar. 26 Mar. 30 Mar. 3 67% Mar. 15 60 62 53 % 81 61 Vi 61 Vi 67 58 Vi 65 79 Vi 72 68% 75% 57 60 62 80 72 71% 6334 75 80 75 77 65 77 77 73 70 80 61% Jan. Jan. 14 13 11% Feb. 1 73 Feb. 72 Sale 8 Mar. 18 Mar. 12 28% Mar. 31 6% Mar. 31 42 5 61 Feb. 29 70 70 72 83 Jan. Mar. Jan. Jan. 85 Mar. Jan. 75 87 57 46 46 39 80 Jan. 73 Q F MN MN MN M N M N M 8 J D V D J D MN J J J J ...1934 A O A O .1952 M S 1960 M N Refunding gold 4a Jan. Mar. 28 77 95 85 47 Vi 45 Vi 76 49 .... Feb. 77 80 75 A O 1987 MN 970",000 83 84 80 M N No West flen 3 Via........ 1487 General 4a 86" ::::: M Jan 1 3600 A O Conv adj 5s a84% Mar. Sale 87 80 MN 1975 a84% Mar. 30 J J 91 77 70 45 .1949 J 0 111 D1t 3 Vie 85 80% 103 J 1950 5,000 Stpd non-payt Fed lnc tax.. 1987 Stpd flen 4V4a non-pay lnc tax.1987 1,000 Gen 5s atpd oon pay lnc tax..1987 30,000 Sinking fund deb 5a. 1933 83,000 Registered 2,000 15-year secured 4Via..Mar 1 1936 165,000 lat A ref fl 5a 28,000 May 3037 Stpd 1st A ref 4*ia 85,000 May 3037 lat A ref 4 Via aer C__._._..May 2037 111,000 Conv 4H> series A 2,178,000 -.1949 40,000 Chic R I A Pacific flen fl 4a 1988 Refliatered ..........1988 578,000 84 % 96 V4 78 Vi Sale 78% Sale 70% ..1946 J .....1989 J fl 4a 36,000 1st A general 5a series A... 10,000 lat A flen 6« aerlea B May 3,000 Chic Indiana A Sou 50-yr 4a Chic L S A East lat 4 Via 85,000 Chic Mil A St P flen fl 4a.. May 5,600 Gen fl 3 Via aerlea B___ May 85.000 Gen 4 Vi« series C May 41.0001 Gen flold 4^s series E..Mar 1 39,000 Gen4% series F 1.027.000 Chic Mllw St P A Pac mtfle 5s 40",666 Sale Sale 82 53 M ... Refunding 4a series C... ac 52 91 1936 J Illinois Division 4a ...1949 General 4a 1958 1st 9c ref 4 Via series B...... 1977 lat 9c ret 5s aerlea A..........1971 Chic 9c E III lat cona fl 6s 1934 Chic 9c K 111 Ry (new co) flen 5s-.1951 Chic 9c Erie lat flold 5a ..1983 Chic Gt Western 1st 50-yr 4a ..1959 Chic Indlanap 9c Loulav ref fl 6a. 1947 Refunding flold 5a.... 1947 21,000 Caaic Sale 46 A ..........1993 con Refliatered 1.148.0001 25 92% Mar. 10 39 Certtf deposit atpd Oct 1939 int. 9c Jan. 91 Mar. 22 92 ... 85% 90 A F O Chic 9c Alt Ry 1st lien fl 3Via 58,000 170,000 52,000 55,000 1,000 163,000 12,000 450,000 2,000 2,000 68 74 % 75% Sale 68 70% 52 5834 80 V4 MN 1989 J Warm Sprlnfla Valley 1st fl 5s .1941 M 8 Chic A Alt RR ref fl 3# ...1949 A O 61,000 Chic Burl 85 % 73 DO 3d con flold 4s 21"556 Sale Prices. 1939 MN R Ac A Div 1st 37,000 Sale Prices. 68 65 96% 56 50 ...1939 MN fl 5s_. Potta Creek Br lat 4s... 9,000 4,000 Highest. Sale Prices. 70 92 Vi 94 Ref At Imp 4Via aer A ......1993 A O » J Ref At Imp 4 Via aer B w I 1995 Cralfl Valley 1st fl 5a May 1940 i 162,000 70 85 1954 A Refliatered General flold 4Via Refliatered 96"555 Lowest Sale Prices. Ask D ...1960 F Charles At Savannah lat fl 7a 135",5o6 Highest. Sale 39 Sale ... cona Lowest. 71% Refliatered Through St L lat flu fl 4a 85,000 Chea Ac Ohio lat Ask. Bid. 35 67 D D .....1949 85,000 Sale 80 Vi 72 72 Vi 74 1987 "5",666 ----- 93 ... 147,606 RANGE SINCE JAN. 1. IN MARCH. March 31 90 - 1938 6,000 Caro Clinch 9c Ohio 1st 5a 1st 8c con fl 6a aerlea A.Dec 15 1953 12,000 Carthafle Ac Adlr lat flu fl 4a.—1981 17',006 Cent Br Un Pac lat fl 4a... 1948 1,000 Cent of Ga Ry lat fl 5s Not. 1945 Conaol flold 5s 60,000 —1945 Ref Ac flen SVia series B 5,000 ...1959 Ref Ac flen 5a aerlea C 90,000 ....1959 Chat D1t pur money fl 4s 1951 Mac Ac Nor D1t lat fl 5s.......1946 Middle Ga Ac Atl D1t pur m 5S..1947 Mobile Dl? 1st fl 5a 1,000 1946 151,000 Cent N E lat fluar 4a 1961 7,000 Cen RR Ac Bkfl of Ga col tr fl 5e..l937 105,000 Central of N J flen fl 5a 1987 i 16,000 Refltatered Bid. • 55 % Brunsw 5c Western lat flu fl 4a...1938 7,000 Buff Roch 5c Pitta flen 5a 1937 M S 126,000) Conaol 4%«_...1957 MN 56,000. Burl Ced Rap 5c Nor 5c Col ta lat 5a '34 A O I 11,000 Canada Sou con flu 5c col tr 5a..1963 A O 113,000,Canadian Nat fluar 4%a.Sept 13 1954 M S 151,000 4H« 1W7 J J D Gold 4Via 229,000 1968 J Guaranteed flold 5« 198,000 July 1969 O Guaranteed fl 5a..........Oct 1969 199,000 A Guaranteed fl 5s_._. 1970 38,000 D Guar flold 494a......June 15 1955 20,000 A Guar fl 4Via 200 ...1956 M S Guar fl 4Vis 236,000 1951 ...1940 J D 455,000 Canadian No deb a f 7a... 239,000 35-year deb a f fluar 6Via 1946 J J 33,000 10-year flold 4Via Feb. 15 1935 F A J J 623,000 Canadian Pac 4% dab stock.. Collateral trust flout 59.000 1946 M S 58 equip tr temp ctfa 57,000 1944 J J Collateral trust fl 5a 225,000 1954 J D Collateral trust 4Vis 122,000 -—-.1960 J J ... Ask 70 March 1. 96% J cons PRICES Jan Bid. CaroCent lat 21 EXCHANGE-BONDS 63 62 Sale 76% Sale 80 80 Vi 43 Vi 39 38 Sale 50 81 1 72 Mar. 3 72 80% Mar. 2 84% Mar. 12 Sale Sale 76% Mar. 80 Sale 33 35 45% Sale 41% Sale 41% Sale 35 ~ 30 Vi Sale 29 Sale 22 Sale 38 Sale 6734 72% 63% 75 65 68 60 50 73 Sale 54% 54% a48% Sale 40 44 81 95% 70 60 59 Vi Sale 44 71 73 Vi Sale 49 50 37 Sale 64 Sale Mar. 14 Mar. 30 Mar. 7 Mar. 9 Mar. 3 65 72 80 85 30 27% Sale 67 62 60 75 33 35 Mar. Feb. Mar. Mar. Mar. Mar. 50 Mar. 10 43% 43% 34% 75% Mar. 68 31 29 30 31 Mar. 28 50 Mar. 31 69 Mar. 433 271 Mar. 30 57 Mar, 11 Mar. 31 44% Mar.. 9 43% Mar. 30 27% Mar. 31 Mar. 2 46 35 22 Mar. Mar. Mar. Mar. 7 Mar. 5 Mar. 9 Mar. 14 5 35 22 65% Feb. 50 Mar. 31 Jan. 18 23 Mar. 30 Jan. 23 9 19 15 15 Jan. 14 Jan. Jan. 14 14 14 Jan. Jan. Jan. Jan. 14 63% Jan. 14 50 Jan. 14 75 Mar. 29 Chic S L A N O— 22,000 June 151951 D 63% June 15 1951 D June 15 1951 D ...1951 D 55 47 50 ..1932 o 99% 100 Gold 5a Registered Gold 3 Via Mem Dlv 4a 4,000 9,000 Chic St L A Pitta Registered... 47",606 cona fl 5s 75 70 D 40 55% 95% 47% 75 50% 72% 50 100 99% 100 27 88 Sale Sale s Income fluar 5a.. 33,000 Dec 1 1960 J 63,000 Chic Un Station lat flu 4Via A.. 1963 J lat 5a aeries B 1963 67,000 D Guaranteed flold 5s 83,000 1944 J 1st 6 Via series C 38,000 1963 165,000 Chic A West Ind Conaol 50-yr 4a. 1953 J J lat A ref 5 Via aerlea A. 125,000 1963 M S 30 90 Sale 97 Sale Sale Sale 1960 99% 93% .... " i~66o 108 70 82 60 90 Choc Okl A Gulf conaol 5a......1552 MN Cln Ham A Day 3d fl 4 Via 1937 J J Cln Ind St L A C lat 4a D adl 1,000 Cln r Aug 3 1936 Q F otornrl Q Leb A N lat con flu fl 4a Cash sale, a Deferred 65% Mar. 8 75 Mar. 29 Mar, 29 50 Mar, 16 100% Mar. 11 Jan. 4 Feb. 1 45% Jan. 12 59 99% Feb. 100% Mar. 11 o ...... Chic T H A S'eaat lat A ref 5s 81 100 99 Sale Sale 86 80 28 Mar. 95 108 Mar. Mar. 69% Mar. 82 Mar. Mar. Mar. 34 Mar. 11 26 Mar. 15 4 90 Mar. 4 "98% "98% 74% 77% 77 16 46 37 _ 90 91 85 74 Feb. Jan. 94 86% Feb. Mar. 18 101 97% Jan. 22 101 Mar. 12 99 94% Feb. 26 99 4 110% Jan. 110V Mar. 30 106 73 yoja Mar. 8 79 63% Feb. 68 Jan. 85% Mar. 11 87% 89% Mar. 99% Mar. 90 80 45 34 92 36% Mar. F 1942 MN delivery. 85 29% Sale Mar. 29 77 Mar. 29 75 Mar. 4 Feb. 15 Jan. 18 Jan. 26 90 95 85 77 Jan. Jan. Jan. Mar. Mar. 15 14 5 18 12 Mar 30 Jan. 15 Jan. 14 Mar. 4 15 Jan. 18 Mar. 29 Feb. 22 N. Y. STOCK Sales in March. Value. Price BONDS n. y. stock exchange. Bid. *a..l943 D }'*} I'JJ 7,000 99.000 J 19,000 Ref Ac imp 6a series G Ref At Imp 5s aerlea D Ref At lmpt 4 He series E AskJ.Bid. 944 93 24,000 Cle* Col C Ac Ind gen 974 Sale 97 105 Sale 78 71 70 73 804 93 634 Sale 70 874 M S 1934 J 75 61 85 .... .... 80 95 63 Feb, 2 77 Jan. 954 Mar. 13 95 11 99 84 68 62 75 Jan. Jan. Jan. 19 Mar. 10 Mar. 14 Jan. 14 644 Mar. 30 96 ..... 93 72 100 97 97 604 96 604 102 98 94 784 Coal Rl* Ry lat gu 4a Colo Ac Southern Ref Ac ext 4 4*- A F O A O A O - A O 1945 J D 1935 M N series A_... 1980 M N General mtge Col Ac Hock Valley lat ext g 4a 1948 A O Col Ac Tol lat ext 4a 1955 Conn Ac Paaaum Riva lat g 4a 1943 954 63 76 67 Del Rl* RR Ac Bdge lat gu g Den Ac Rio Gr lat cona g 4a. 4a.. 1936 — F Ref Ac Imp mtge 5s ser 5,000 2,000 9,000 3,000 15,000 1,000 1947 Detroit Ac Mack lat lien g 4s—..1995 Gold 4a 1995 Detroit River Tunnel 1st gu 4 4s_ 1961 Dul Mlasabe Ac Nor gen 5s.......1941 Dul At Iron Range lat 5a_ .—....1937 Dul So Shore At Atlantic g 5a 1937 East Ry M No Dl* lat g 4s. 1948 90 98 70 Sale 364 40 28 J O 90 94 Jan. 4 100 Jan. 9 2 Mar. 9 Mar. 2 874 Mar. 80 Mar. Mar. 21 92 Mar. 85 77 80 974 Mar. 914 Mar. 85 Mar. Sale 704 Mar. 29 84 Mar. 704 Mar. 884 Jan. 93 Mar. 84 62 924 66 75 70 60 524 Sale Mar. 3 w* 66 Sale 84 Sale 634 Mar. 28 Mar. 28 704 Mar. l\^ 80 Mar. 80 Mar. 29 59 50 Jan. 8 50 Jan. 60 46 60 50 Jan. 8 574 Feb. 17 Feb. 5 30 80 78 60 Mar. 29 80 Mar. 29 664 Sale 46 664 254 Sale 354 37 34 37 38 40 40 364 39> 394 35 844 Sale 884 994 93 95 894 634 634 314 654 674 Sale 43 Sale 8 224 35 81 89 93 .!?* 98 Sale 964 984 264 Mar. 30 18 Mar. Mar. 374 Mar. 11 414 Mar. 14 304 Jan. 354 Jan. 35 o83 100 Mar. Mar. Mar. 38 87 ..... 804 90 984 100 97 Sale 28 89 Feb. 8 95 Feb. 20 53 664 Mar. 56 20 Jan. 4 Jan. 6 Mar. 31 Mar. 30 69 70 38 Jan. Jan. Jan. 21 14 14 494 Jan. 14 8 Mar. 30 Mar. 4 35 Mar. 28 434 Mar. 8 Mar. 4 Mar. 21 Mar. 98 Mar. 324 Mar. 10 98) 32) Mar. 22 Mar. 10 964 Jan. 29 324 Mar. 10 80 Feb. 844 Jan. 864 844 84 87 72 90 84 Mar. 2 87 Mar. 91 Sale 85 90 Mar. 31 95 Mar. 30 59 Sale 55 85 924 Sale" 74 66 50 .... Sale 614 Sale 484 Sale 994 101 464 474 994 100 354 41 J 994 100 41 354 42 38 Ser B_.„.__._1953 A tm 40 Sale Sale 394 Sale 61 1957 65 90 85 B .1940 .1940 J Fla Cent Ac Pen consol gold 6a ..1943 J 35,000 Fla East Coast lat 44*--...1959 J D 40,000 lat Ac ref 5a ser A 1974 M S 2,000 Certificates of deposit. 19,000 Fonda John At Gi gen ref 44*—-1952 M N 10,000 (Amended) 1st cona 44* .--1982 MN — 434 Sale 434 Sale 794 92 854 95 30 52 Sale 31 Sale 88 88 68 38 6a.......1955 Genesee Rl* RR 1st a f 6s 46* 85 85 con* 4s Series D.... 1953 A Ref Ac lmpt gold 5a ser 1927 ...1967 M N Ref Ac imp 5a of 1930 1975 A O Gen Erie Ac Plttab gen gu g 34a set Series C 34a...... a584 Mar. 30 754 Mar. Mar. 31 Mar. 8 634 Mar. 57 1951 F A.........1953 A 424 60 '5 " Sale 354 524 54 55 55 5y IV. 5 ""§"" "15"' 12 10 ..... 884 Sale 85 954 61 .... SB 94 124 44 124 20 50 61 274 984 27 4 ..... 100 94 95 95 95 85 50 65 994 Mar. 9 58 Mar. 8 Jan. 13 Feb. 29 23 Feb. 32 Mar. 10 15 87 9 95 Mar. 8 Mar. 30 4 a584 Mar. 30 664 Feb. 15 47 Jan. 4 2 484 Jan. 18 9 994 Jan. 29 37 Mar. 29 2 37 Jan. 6 9 3 37 39 Mar. 29 Mar. 31 994 Mar. 484 Mar. 494 Mar. 30 31 86 Mar. 31 46 Mar. 31 Mar. 7 454 Mar. 2 884 Mar. 31 88 Mar. 31 88 Mar. 31 Mar. Mar. Mar. Mar. Mar. 3 45 55 20 Fort St U D Co 1st g 44* -19411J J i"66o Ft Worth Ac Denver City 54* 1961 J D 8,000 laws Elk At Mo V 1st 6a___ 1933 A O 1,000 Gal* Houa At Hend lat 5a 1933IA O 2,000 Ga At Ala lat cona 5s. .Oct. 1945! J J Sale 354 7 7 75 93 50 14 25 80 98 —.. 674 Sale 70 Mar. 11 Mar. 12 Mar. 11 80 Mar. 31 4 29 Mar. 12 30 25 Mar. 21 97 Feb. Mar. 11 Feb. 9 Mar. 1 Mar. 11 1 Mar. 22 30" "Mar." 12 Mar. 12 25 80 1 Mar. Mar. Mar. 4 Feb. 29 30 65 804 8 4 g 5s 1956 MN ..1965 A O 28 8 Mar. 224 87 34 35 Jan. 95 28 2 14 14 66 Sale 8 Jan. 59 39 2 — Jan. Mar. 14- 924 Mar. 100 Sale 664 5 45 18 414 35 Mar. 30' 38 764 Jan. 5 87 824 Jan. 111100 Mar. 12 8 Mar. Mar. 22 9 Mar. 20 37 40 954 _6i Mar. Mar. 28 624 Mar. 17 20 Mar. 31 25 84 Sale 95 21 35 39 68 Registered 8 46 ... Penn coll trust g 4s... 19 Feb. 704 Mar. 12 754 Feb. 29 464 40" I 19 15 23 93 Mar. Jan. Jan. 69 ... 67 1996 J 93 7 18 844 Jan. 884 Jan. 754 Feb. 93 1996 J 874 Mar. 1034 Jan. 82 ----- 524 524 524 21 87 7 67 ... 9 9 if J 1941 M N Mar. Jan. .... 92 85 85 97 .... 80 25 80 984 7 764—— 82 30 — Jan. 744 Mar. 16 m: O 1st consol gen lien 4a—.... Brie At Jersey lat a f 9 100 Sale 92 — 45 89 J A 30 Mar. 92 104 D 100 A 4s_. Registered..... D J Mar. 29 Jan. 16 75 4 M N 65 95 25 8 J 61 944 2 M Mar. 29 744 Mar. 16 J El Paso Ac S W lat Ac ref 5a do 107 .... 12,000 East Tenn Va Ac Ga cons 1st 5,000 Elgin Joi At East lat g 6a Do 88 4a....1935 Certificates of deposit 69 yr con* g 4s Ser 35 45 374 774 Sale .1936 Des Plaines Val 1st guar 44* Erie 1st con At prior lien 33 35 35 58"" Sale 5s Ahg 1955 B....... ,1978 Des Moines Ac Ft D lat gu g "56" 204 Sale A Den* Ac R Gr West gen 10,000 56 45^ 60 1936 Consol gold 44* Sale 80 60 454 61 8 80 864 Sale 1956 Non-con* debenture 4a.. :::: 794 .... 84 71 76 70 Mar. 87 974 30 4 19 Mar. 29 78 %% 85 414 D 128,000 Cuba Northern Ry* lat 5 4*--— 1942 1952 J 43,000 Cuba RR 1st 50-yr g5s 1936 10,000 D 1st At refund 7 He series A 1936 D 17,000 1st lien Ac ref 6s series B 1943 M N 217,000 Del Ac Hud lat 4s tax ex N Y 5,000 1935 A O 20-year convertible 5a 1937 UN 34,000 15-year 5Hi —. If* ::::: '824 deb 4a 1954 Non-conv debenture 4s—JAcJ 1955 Non-con* deb 4a... AAcO 1955 Consolidated Ry non-con* 91 76 A A Feb. 98 68,000 Cle* Union Term'!* l«t • f 5 He A. 1972 1973 45,000 lat « t 6 5a aerlea B guar.. 1977 46,000 1st a f guar 44a *er C F Jan. 97 61 72 98 98 82 MN Mar. 10 714 Mar. 14 13 96 94 91 — 78 784 88"" -III J 69 100 81 88 " 734 Mar. 28 Mar. 14 Mar. 28 81 80 75 75 ~T,66o Mar. 15 67 80 61 70 71 75 708,000 4,000 73 61 §6 " iiiii 742,606 Sale Prices. 95 Feb. 25 99 Mar. 10 704 J 5,000 28,000 52,000 91,000 Sale Prices 85 Jan. 15 95 Feb. 19 69 87 75 A O 138",000 Sale Prices. 95 Mar. 2 99 Mar. 10 81 1942 .....1942 —.1948 Series D 34a.. 1950 General 44a series A.... 1977 19,000 Cle* Short Line lat gu 44* 1961 246,666 Mar. 16 Mar. 29 Sale Prices. 68 75 61 68 Series A gu 4Hs.. Series C gu 3Hs.. 17,000 263,000 95,000 JAN. 1. Highest. 93 97* 784 Series B gu 34* 64,666 SINdE Lowest. Highest. 95 76 71 71 J Aa—1933 A O Cle* Ac Mahon Valley g 5a 1938 J J Cle* Ac Marietta 1st gu 44* 1935 MN Cle* Ac Pitta gen gu 44* ser B..1942 A O 10.666 RANGE Lowest. 99 70 99 1004 64 1940 1940 6a con 70 J Cle* Lor Ac Wheel con lat g 99,000 Ask. 90 97 J ..1977 J gold 4a. . . -——1939 Cin WAcMDl* 1st g 4s.. 1991 J J St Louis Dl* lat coll trust g 4a.l990 MN Spring At Col Dl* lat g 4a W W Val Dl* lat g 4s 2l",660 IN MARCH. March SI. 92 954 D Cairo Dl* lat "moo Bid. , J C C C At St L gen g 4a 1993 General 5a aerlea B..—.......1993 Clearfield Ac Mahon 1st gtd g "7",600 J March 1. As*. < J J020 -2020 PRICES Jan. 2 1932. KhA, $ 5.000 an Union Term 1st 4 H» 1st mtge 5s ser B w 1 401,000 25~,o66 EXCHANGE-BONDS 164 10 30 Mar. 31 31 Mar. 31 ,86 Mar. 7 754 Jan. 12 83 Jan. 15 30 7 60 Mar. 29 Mar. 15 r7 94 Mar. 15 74 Mar. 24 17 524 Mar. 5 5 5 26 24 15 23 Jan. Feb. Feb. 15 Mar. 3 Mar. . 2 Jan. 29 Jan. 14 Mar. 9 494 Jan. 49 Jan. 93 Jan. 86 Feb. 88 Mar. 14 13 25 13 31 4 26 14 11 23 24 5 424 Jan. 44 4 Feb. 2 60 Jan. 5 4 5 Jan. 7 94 Mar. 15 74 Mar. 24 26 74 664 634 58 994 514 494 Mar. 74 Jan. 64 Jan. 17 Mar. 8 Mar. 8 Mar. 24 Mar. 2 Mar. 10 82 Mar. 90 Mar. 8 65 Mar. 65 7 11 2 7 8 Feb. 26 82 96 Mar. Mar. 18 Mar. 2 Mar. 10 Mar. 8 Jan. 26 63 ~ Mar. 16 63" Mar. 16 10 82 82 90 7 834 65 14 Mar. Mar. Mar. Mar. 2 99 8 7 96 65 14 63 Mar. 16 63 Sale Ga Caro At Nor 1st 5a 1929 Extended at 6% to 1934--. 5,000 Georgia Midland lat 3s .....1946 Gou* At Oawegatchie lat 5s... 1942 Gr R Ac I ex 1st gu g 44* 1941 342,000 Grand Trunk of Can a f 7a 1940 233,000 15-yer deb g a f 6a guar 1936 M S Grays Point Term lat gu g 5a ...1947 J 467,000 Gt Nor—Gen 7a Series ..1936 A Registered..— 114",000 88,000 15,000 71,000 117,000 Greenbrier Ry lat gu g 4a 20,000 Gulf Mob Ac Nor lat 54s lac mtge gold 5a aeries C Gulf Ac Ship Island ref 5a 1952 J J i Feb ...1940 MN 1950 A O 1950 A O J Feb 1952 J J 1999 J J 1999 J 1937 MN Registered Sale 89 g 5a 764 684 684 664 20 874 Jan. Mar. 9 Mar. 7 2 a974 Feb. 29 Sale 884 Sale 884 Mar. 31 964 Mar. 8 884 Mar. 31 834 81 774 Sale 684 75 704 Sale 77 77 78 85 83 Mar. Mar. 3 9 77 Sale 71 Sale 69 20 984 Jan. 14 m'ooo Refunding 5s 15-year secured 64a.... 40-year 44* ... — Cairo Bridge gold 4a Jan. 9 50 43 Jan. 18 6 39 Jan. Feb. 10 80 95 86 100 86 93 80 Jan. 9 80 80 91 100 79 Jan. 13 2 2 88 Mar. 23 834 Sale §34 89 Mar. 31 22 944 Jan. 22 Feb. 29 ..?* 904 754 100 90 100 98 91 874 854 96 54 874 40 89 89 74 914 46^ 49} 91 Sale 974 83 4 84 4 594 Sale 954 Sale 804 Sale 554 Sale 85 81 81 80 504 Sale .. 80 584 464 Mar. 23 88 Mar. 23 o804 Mar. 874 Mar. 2 2 954 Mar. 31 804 Mar. 31 554 Mar. 29 88 Mar. 11 Mar . 23 96 89 o804 Mar 874 Mar 944 Jan. Mar. 21 954 Mar Mar. 9 80 Jan. 64 Mar. 12 834 Mar. 31 89 Mar. 31 5" Jan. 9 "50"" Janl"i6 50 30 Jan. Feb. 21 864 Jan. 20 31 a96 5 89 64 9 Mar. 31 Mar. 9 Mar. 12 Jan. 4 80 —... 53 Jan. 7 a88 Jan. 29 67 56 Jan. Jan. 15 80 O O M O 50 30 584 8 A 47"" "59" 1953 MN Sale 314 64 454 Sale 1955 MN 41 MN 1952 J I 43 65 '514 Sale' 524 Sale' 504 Mar. 3 55 Mar. 5 454 Feb. 16 50 41 Sale 49 Mar. 1 544 Mar. 9 42 41 454 Sale 41 Sale 40 53 Mar. 30 Mar. 7 49 53 65 Sale 65 Sale 584 Sale 65 Sale Mar. 24 48 584 Mar. 30 J 1966 F A §74 Sale" 394 Sale 364 Sale 644 Mar. 1 354 Mar. 17 434 Mar. D 55 55 56 56 56 .1950 J Jan. 4 15 67 1936 J Deferred delivery. 734 Mar. 8 744 Mar. 11 25 70 Purchased lines lat 34a Coll tr g 4a L N O At T 5 Mar. 28 54 80 A 64 65 42 J Extended lat g 34* 1951 1st gold 3a sterling 1951 Collateral trust gold 4a.......1952 1st refunding 4s ..—1955 65 714 Jan. 8 644 Mar. 30 64 Jan. 4 55 J 104,000 86,000 56 20 73 774 Mar. 1 734 Mar. S 744 Mar. 11 61 57 A 734 Mar. 18 644 Mar. 30 31 1957 A O 1951 644 494 498,000 1951 73 57 94 824 Sale - 78 68 85 Jan. 11 85 Jan. 14 784 Feb. 26 45 lat gu g 5a redeem ..1933 M N 183,000 Hudson At Manhat 1st At ref 5a A. 1957 F A Registered. 724 Mar. 31 Jan. 4 75 ..... Illinois Central lat g 4s. Mar. 31 Mar. 28 38 1933 M N Adjust Income 5a........Feb 65 Sale 53 ..... 7 Mar. 10 47 J a Mar. Mar. 9 a90 99 924 Jan. 14 o90 40 824 784 954 J Caah sale, 9 49 1937 J r 95 Mar. 44 1937 J 3I606 35,000 110,000 671,000 2,000 Sale Mar. 9 a90 914 a90 Sale 974 Mar. 21 99 954 Sale 95 Mar. 2 97 344 Houst At Tex C lat g 5s lnt gu Houa Belt Ac Ter 1st 5a 1st gold 34* 96 Mar. 16 — 90 98 65 5 Houst E Ac W Tex lat 5a " 984 Sale 35 20 94 Feb Hock Val lat con g 44* con 944 Sale 83 ...1961 J Gen mtge 5s Ser C... ......1973 J Gen 44a Series D...... 1976 J Gen 44* aerlea E 1977 J Housatonic RR 924 874 67 604 95 89 ... lat At refund 44s Ser A Gen mtge 54* Ser B Green Bay Ac West deb ctfs A. Debenture ctfs B 3,000 10,000 2,000 D 61 ..... 60 "5", 000 29 70 Mar. 18 72 Mar. 14 4 Mar. 18 "39" ""Feb." *8 "524"JanI"i8 Jan. 6 594 Jan. 7 Jan. 4 Mar. 18 46 584 Mar. 30 824 Jan. 15 34 56 52 Jan. 56 Mar. 18 14 Sales in March. BONDS Value. N. T. STOCK EXCHANGE. RANGE SINCE JAN. 1. PRICES IN MARCH. Price , " 33 EXCHANGE—BONDS N. Y. STOCK Jan. 2 March 1. 1932. Bid. Ask. March 31. Ask Bid. Bid. Ask. Lowest. Lowest. Highest. Highest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. Illinois Central (Concluded) 26 Loulav Dlv At Ter A 3%a 1953 Omaha Div 1st g 3s .......1951 St Lou Dlv Ac Term A 3s Gold 3%a - 40 31% 1951 Litchfield Dlv 1st g 3s 2,000 75 74H 74% 1951 1951 1951 1951 S* i31 -70" P 55 40 ::::: 80 57 31 80 35 v50 .40 78 85 50 41% 43% 1963 38% 75 49 63 85 55 Mar. 4 Mar. Jan. 55 Mar. 35 % 16 57 Jan. 16 : ..... 80 14 14 80 Ill Cent Ac Chic St L Ac N O— 253,000 69,000 Joint 1st & ref 5s ser A 4%a series C Ind BloomlnAton At W 1st 4s 1940 Ind 111 At la 1st gold 4s 1950 2,000 Indianapolis Ac LouIst 1st Au 4s_1956 Ind Union gen Ac ref 5s A 1965 Gen 8c ret guar 5s ser B 1965 111,000 Internet Ac Gt Nor 1st 6s 1952 45,000 Adj mtge 6a series A..July 1 1952 J 1st mtge gold 5s series B 73,000 ...1956 J J 1st gold 5s series C 47,000 1956 J 30,000 Int Rys of Cent Amer 1st 5s 1972 M N 1st col trust 6s.. 23,000 1941 M N First lien & ref 6%a 3,000 1947 F A ... 1938 J Iowa Cent 1st gold 5s 99, 000jK C Ft S Ac M ref g 4s 66, jOOKan City South 1st g 3s_. 103, OOOj Ref Ac Imp 5s 217, 000 Kan City Term 1st 4s 4, 000 Kentucky Central g 4s 1936 J A 35 Sale 12 Sale 17% Sale Sale Sale 26 Sale 37 28 26 54 Jan. 9 35 Feb. ~ 52 Jan. 45" "Mar ."9 45 Mar. 9 45 Mar. 9 45"" Mar. 50% Mar. 4 35 18 35 Mar. 30 12 Mar. 31 O O 58% 61% 62% 83 70% 65 Sale 77 83% 90 65 1961 37 34% 4% 22% 3% 2% % 68 92% 50 ,7 2% Mar. 26 Mar. 3 12 Mar. 30 Mar. 31 30 Jan. Jan. 8 7 28% Mar. 31 50 Jan. 14 14 14 48% Jan. 14 9 Mar. 12", 556 Gen 19,000 J 1937 41% Mar. 10 37 28 5 23 Mar. 29 26 21% Jan. Mar. 14 % Mar. 15 % Mar. 15 75 Mar. 51 81 51 Mar. 28 2 80 Mar. 9 1997 J D 1997 J cons D .....2003 4Ha Sale 50 55 59% Sale 67% 83% 82% <11 Sale 62% Sale 59% Mar. 1 62% Mar. 31 83% Sale 83 Mar. 85 68 Mar. 29 66% 83 60 — — — — 90 63 — - — cons A J N M N 30 64 69% 71% 76 79% 70 60 62 70 65 73 75 65 74 75 75 75 76 65 75 69% 95 80 65 54 55 "50"' 61% 53% 63 "57% 62% O ....1962 MN gold 6s........1935 A O 99 100 82% 97% 95 86 56 75 75% 90% 75% 94% 82 91 8 69 75 J 99 .1965 A D D 1932 ...1949 M Unified gold 4s. Deb gold 5s 1934 J 1945 M 2,000 I.ouIst At Nashr gold 5s.. Unified gold 4s 130,000 8 D N J 8 1937 M N ...1940 J J 1 9 51 65 5 56% Feb. 25 Mar. 68 Mar. 29 68 Mar. 29 83% Mar. 11 85 ..... 75 66 1st Ac ref 4%a aeries C 5s interim rects 63% 74 100 Jan. 70 Jan. 71 % Jan. 16 20 14 87% Jan. 25 68 Mar. 29 98% 81% Sale 77 a75% 99% 47% 85 5 69 Mar. 15 60 Mar. Mar. 2 7|6 Mar. 9 70% Feb. 90% Mar. 29 87% Jan. 13 90% Mar. 29 Mar. 2 84 Mar. 21 70 Feb. 23 84 Mar. 21 Mar. 31 56 Mar. 9 45 Mar. 31 59 Feb. 49% 55 Mar. 21 57% Mar. 3 48 Jan. 63 Feb. 23 65 61% Mar. 28 65 Jan. 90 Mar. 23 Mar. 7 61 7 90 Mar. 65 90 Mar. 23 Mar. 7 ..... 40 90% Mar. 29 105% 66 Sale 87 Mar. 94% 85 Sale 99 h Sale 97% Mar. 29 100 Mar. 1 §7% Mar."29 86 Mar. 22 88% Mar. 28 82% Jan. 80 93 73 77 98 80 Mar. 18 70% Feb. 80 Mar. 18 95 Mar. 10 90 Jan. 95 Mar. 10 7 78 Mar. 75% Feb. 80 Jan. 82 Sale 82 Mar. 31 75% Mar. 1 99% Mar. 15 100% Mar. 15 48% Mar. 11 37 Mar. 30 82 Mar. 31 98 78 Mar. 7 Atl Knox Ac Cln dlv A 4s 48% 80% Mar. 24 Feb. 99 Jan. 37 Mar. 50 Feb. 16 Jan. 75 Feb. 1 95 Mar. 28 96 Mar. 24 Manila RR South Lines 1st 4s 1st ext 4s 1939 M N Manlto S W Colonls A 5s Man G B At NW 1st gu 3Hs 1934 I D 1941 J 95 Mar. 28 96 85 85 Mar. 1 88% Mar. 80% Mar. 2 84 Mar. 10 Mar. 29 78 Mar. 11 70 Mar. 30 75% Mar. 14 64 80% Mar. 55% Mar. 70% Jan. 4 45 Jan. 81 Feb. 26 3 74% Jan. 9 78% Feb. 13 Jan. 8 73% Jan. 71% Jan. 12 13 Feb. 8 78% 66% 52 '¥ 88% Mar. 9 82% Jan. 15 Mar. 10 84 78 Mar. 11 75% Mar. 14 94 87 80% Mar. 62% o51% Mar. 8 8 80% Mar. 55% Mar. 8 8 3 81 Feb. 18 81 Mar. 10 *60% 64% 97% 52% 64% 81 62% 51 Feb. 16 64 Feb. 20 60 52 Jan. 4 52 Jan. 4 70% Mar. 30 70% Mar. 30 77 Jan. 7 75 Jan. 11 71% Mar. 71% Mar. 79 Mar. 10 81 Mar. 10 J Mex Internat 80 100% Mar. 15 97 81 81 69% 1955 M N 1934 J 80% 62% 22 73 90 95 Feb. 73 99% 100% 38% Sale 6<V 95 '70% 18 Feb. Mar. 18 93% Mar. 31 75 70 9 Sale 83 82 Sale Feb. 88% Mar. 28 72 97% 79% Feb. 19 101 93% 78% 70 85 69 62% 7 79% Feb. 19 90 98 "84" Sale ..... 8 ... 100 90 90 4 12 83 83% "70% "79% 83% Mar. 11 69 Mar. 15 76 Mar. 9 5 70 75 90 ..... 80 1941 Paducah At Mem Di? 4s.......194s St Louis Di? 2d gold 3a 1980 9 45 85 Sale 60 4 85 85 90 Jan. Mar. Sale 86% 74% 2003 Mahon Goal RR 1st 5s 1977 1st 4s asstd 1st gold 3Hs Ref & Imp 4Ha aeries C Midland of N J 1st ext 5s J 1959 M N Mich Cent Mich Air Line 1st 4s..1940 J Jack L Ac S gold 3Hs 1951 M 1940 A 50 59 70 J 77 95 O 1934 J Cons ext 4Hs (1884) Mil Spar At N W 1st gu 4s Mllw Ac State Line 1st guar D 75 90 1934 J ... D 68 72 ..... 98 8 1947 M 3Hs—1941 J ..... 82 90 60 55 3 2 ext 5s series A ......1962 Q Certificates of deposit.... Q F 15 M St P Ac S S M 1st Chic Term a At Cent f 4a J 39 42% 48" J 13% 29 8 22% 20 22 20 J 1941 37 45 60 MN J J J D Prior lien 5s series A.........1962 J J 78% 40-year 4s series B__ 5 Mar. 18 5 5 Mar. 18 5 Mar. 18 5 Mar. 18 47% Mar. 1 31% Mar. 18 51% Mar. 9 38 Sale 61 * 11 8 71% Mar. 8 Mar. 1% Jan. 3 8 29 Mar. 18 Mar. 18 Jan. 2% Mar. 22 6 Feb. 10 2% Jan. 8 8 5 5 26 a50 :ri Jan. Mar. 18 27 Mar. 28 39 Feb. 14 16 40 Mar. 22 51% Jan. 18 Mar. 24 21 Jan. 29 Mar. 18 20 Jan. 5 65% Mar. 11 45 Jan. 5 76 Jan. Sale 43 27 Mar. 28 45 40 Mar. 22 21 26 21 Mar. 24 21 Sale 20 Mar. 1 31 1962 J 60 Sale 60 Mar. 17 26 Mar. 17 r36% Mar. Jan. 22% Jan. 29 Mar. 18 65% Mar. 11 31 J 30 Sale 71% Mar. 29 74% Mar. 62% 67% 70 65%, Sale 64% Mar. 30 77% Mar. 11 61 Mar. 26 62% Mar. 30 36% Mar. 29 68 68 1st At refund 5s series A......1965 F A ..1975 M 8 1st Ac ref 5s series F.......... 1977 M 8 1st Ac ref g 5s ser G_. .1978 MN 1949 M N 1980 1981 Mo Pac 3d 7s sxt at 4% July 1938 Mobile At Birm prior lien g 5s ...1945 Small AS "N i 1945 J J J J Small.. 76 25 Sale Jan ..... 73 56 47% 51% Sale 85 72 delivery. 82% 066 79 Sale 65 54 Sale 40 54% 33% 53% Sale Sale Sale 37% Sale 20% Sale Sale 36 J 65% 62% 65% Sale 34 Sale 50% Sale 49 Sale 53 Sale 38 Sale 32% 48% 50% Sale Sale Sale 39% 53% Sale Sale 19 Sale 36 Sale 53 Sale 79 36% 53% Sale 93% 57 95 51 95 60 95 30 80 70 90 75 ::::: "75" ..... 5 26 39% 72% Sale 52 Deferred 5 72 42 a Mar. 8 Mar. 16 5 Sale 40% 2% Feb. 2 68 J Cash sale, 2% Mar. 22 Mar. 8 Mar. 16 Mar. 18 5 2 45 O r 2% Mar. 22 2 7 80 1967 A Mortgage gold 4s 5 10 20 49% 29 .Tan. 69% 45 Sale 8 52 1978 J 5Hs... 8 72 29 Missour-Kansas-Tsxas RR— 1st ref gold 5s series H 1st Ac ref 5s ser I 75 71% Mar. 27 47% 33% 50 J Convertible gold 1% % 14 45 J General 4s.. 2% 67% Term , Mississippi Cent 1st 5s 1949 7,000 Missouri-Illinois RR 1st As ser A. 1959 49,000 Mo Kan Ac Tex 1st g 4s.........1990 Pr Hen mtge 4H* ser D Cum adjust 5s series A Missouri Pacific RR Co— 42 14 7% 8% J 70% Mar. 30 90 98 7% 7% J 82 90 4 1938 J 105,000 M St P At S S M 4s stpd... 1st cons 5s .1938 J 17,000 1st cons 5s gtd as to int ...1938 J 39,000 1st At ref 6s series A..........1946 J 6,000 25-year g 5 Ha 1949 H 84,000 1st ref 5Hs series B 1978 J 33,000 ..... 76% 69% 7% 7% F , 85 8 Ref At 70% 55% 70% 67% 1949 M 1st Ac refund gold 44 97 42 J 1,000 Minn At St L 1st cons gold 5s ...1934 MN MN Temp ctfs of deposit....... 1,000 ..... 99% 70% 55% 76 62 60 100 S 1953 MN J ..1979 J Mil At Nor 1st ext 4Hs (1880) 158,000 70 90 QR 101% 40% Sale 71% 75 65 60 73 75% Mar. 29 90% 79 1945 M S South Ry Joint Monon 4s.....1952 J J 1,435,000 1,204,000 608,000 2,484,000 252,000 1,324,000 Mar. 28 63% Mar. 81 1st Ac ref 5Hs eerle.i A........2063 1st Ac ref 5s series B 2003 Mob At Montg 1st g 4%a 65,000 127,000 58,000 156,000 5% Feb. 13 3% Jan. 11 % Mar. 15 80 Mar. 9 68% Mar. 11 a61% Jan. 6 80 Feb. 10 85% Mar. 9 Registered " 4 3% Jan. 11 % Mar. 15 75 Mar. 2 45 70 Sale Q2 84 87 98 lou Ac Jeff Bridge gu A 4s 5,000 19,000 26 76 91 92 -••••- 1,000 20-year deb 5s 1937 M 42,000 Guar ref gold 4s 1949 M 4,000 N Sh Bch 1st cons gu 5s. Oct. 1932 Q 589,000 Louisiana Ac Ark 1st 5s series A..1969 J 2,000 Jan.' 28 5 75 80 60 47 1945 M S Gold 4s 6,000. 9 12 64 92 1941 A O 2,000 Long Island gen g 4s._..........1938 1,000 Jan. Jan. 50% Jan. 90 92 2003 M N ... Lex Ac East 1st gu 5a Little Miami gen 4s series A 12,000 Mar. 31 75 59% 30 M N Gen con»ol 5s 17,000 28% Mar. 22 3 7 1% 92 J 1941 1,000 Leh V Ter Ry 1st gu g 5s Lehigh Ac N Y 1st gu g 4s "3",000 Mar. 26 41 Mar. 31 30 Registered 46,000 38,000 30 28% Mar. 22 37 34 60 1961 1954 F 1,000 Leb Vail Harbor Term 1st 5s 15,000 Leh V (N Y) 1st gu g 4He....... 1940 J 25,000 Leb Val (Pa) gen con A 4s 2003 M 35",666 9 43% Mar. 43% Mar. Sale 29% 80 9?* 38% Mar. 30 Mar. 30 40% 36% 3% 2% 5 46 28% Mar. 31 40 3% 47% Mar. Mar. 29 28% Sale 50 Sale Mar. 30 38 95 40 40 38£ 85 72% 85 Sale 15 §?* 39% 98% 75 95 40 36% 30% 75 Sale J * 9,000 Lake E Ac W 1st gold 5s 2nd gold 5s 8,000 21,000 Lake Shore Ac Mich Sou g 3%a Registered 5,000 19 Sale D 1960 Plain 33.000 Sale 39 37 45 48 46 % 1987 Stamped..... l85 Sale Sale 98% 83% 111 17 37 D 1950 A O J ApriU950 J Kentucky At Ind Term 4%a 2,000 Long Dock 69 it's Kal Alleghan Ac G R 1st gu g 5a..1938 J Kanawha (c Mich 1st gu g 4s 1990 A 94 47% 43% 75% 95 2% Certificates of deposit 1st Ac ref 4s... 5,000 1951 10,000 James Franklin Ac Clearf 1st 4s..1959 ... 4 4 85 41 4 55 57 Mar. 78 40 79 75 1943 Sprlngf DIt 1st A 3%a Western Lines 1st A 4s Registered 55 37% Mar. 31 20 Mar. 31 35 Mar. 31 35% Mar. 31 19 Mar. 31 36 Mar. 31 36% Mar. 31 Mar. 8 8 2 26 9 Mar. 17 71% Feb. 62 80 Jan. 6 4 52% Jan. Jan. Jan. 6 Feb. 26 68 Jan. 42 80 79 15 Mar. 2 69% Mar. 14 55% Jan. 59 Mar. 9 3§% Mar. 29 60 Jan. 14 37% Mar. 31 63% Jan. 41% Jan. 13 14 60 Jan. 13 60 4 69% Mar. 14 55 Mar. 3 35% 53% 53% 40% 53% Mar. Mar. Mar. Mar. 3 20 1 1 35 Jan. 14 19 Mar. 31 46% Jan. 28 Mar. 3 1 36 Mar. 31 60 Jan. 14 54 Mar. 3 36% Mar. 31 60 Jan. 13 Mar. 31 Mar. 31 35% Mar. 31 Sales in N. 1932. Bid. 1938 Mobile Ac Ohio gen Hold 4a 85,000 57,000 M S Montgomery Div lat g 5a......1947 F A Refunding Ac Improv't 4%s —1977 M S .....1938 M S 1991 Mont Cent lat gu g 4s........—1937 lat guar gold 5a.. .........1937 2000 26,000 Morria At Essex lat gu 3%s Constr M 5a aer A 1 w 4a 15 52 12 X 10 J J J D 1955 ... MN 1978 F A 1937 F A Nashville Chat Ac St L lat 4a Nash Fla Ac Sheff lat gu g 5s 74% Sale 20 75 % 97 22 52 Sale 19% Sale 75% 66 95 95 *70"" Sale" 24% 74% 18" 71X Sale 94 94 Lowest. Highest. Lowest. Highest. Sate Prices. Sale Prices. Sale Prices. Sale Prices. March 31. Ask. Bid. Bid. J ....1955 MN ... Constr M4H» aer B w I 2,000 J March 1. Ask. M S Sec 5% notea Mohawk Ac Mai lat gu g RANGE SINCE JAN. 1. Jan. 2 EXCHANGE. Y. STOCK PRICES IN MARCH. Price BONDS March. Value. EXCHANGE—BONDS N. Y. STOCK 24 Ask. 52 74% 10% Jan, 6 23% Jan. 28 28 75% 72 Jan. Feb. 4 55 11 82 84 95 90 Jan. 8 69 86 Jan. 8 Feb. 15 86 70 Feb. 12 79 13 15 ..... 72 .—— Sale 22 73% 94 70 82 78% 89% 79% 75 94% 56 73 54% 87% 72% 96 Mar. 31 71% Mar. 2 18% Mar. 23 1 Mar. 11 73% Mar. 8 .L 90 56% 13 18% Mar. 19 . 88 70% Mar. 11 70% Mar. 11 15 70% Mar. 11 Jan, 27 75% Jan. 4 90 8 Jan. 73% Mar. 8 Feb. 15 Feb. 13 70% Mar. 11 National Ry of Mexico— 4Ha—..1957 No 3 on Prior Hen 50-year a f Assent cash 1977 Sale 2 recta wart Guar 4a Apr 1914 coupon A O ..... 10,000 Assent cash First cons receipt warr warr ract Nov 4 6 on 1954 MN 5a.......1945 J J ..1945 J J .......1984 1952 N J June R gu lat 4a 1,000 N O Ac N East ref 4%s A J 1953 1 56 85 70 102 1% IX 1% 5 J 1954 c First 5s aeries B A 16 A 24% 30 J Npt & Cin B gen gu g 4%a N Y At Bklyn Ac M B cona g 5a...1935 o 1935 MN 86 1998 F 68 A ...............— 34 32 Sale 32 36 35 Sale 97% 94% 1% Mar. 8 2 Mar. 3 1% 75 2 6 1% Jan. 6 1 Feb. 3 2% Jan. 28 Jan. 16 Jan. 16 56% Jan. 28 2 1 74% 89 Sale 40 75 65 Mar. 31 Mar. 4 40 Mar. 31 66 Mar. 4 38% 31 Sale 30% 34 30% Sale 32% Sale 81 89 81 96 30 Mar. 28 31% Mar. 22 30% Mar. 31 31 Mar. 28 36% Mar. 7 Mar. 3 2 2 36 77 78 Sale Sale 68 Sale 73% 72 % Sale 72 85% "86" 65% 89% 35% Mar. 39% Mar. 89 97% 88% Sale 68% Sale 88% Mar. 28 67% Mar. 29 91% Mar. 11 80% Mar. 10 40 Mar. 31 60 Jan. 29 35 Sale 31% Sale 38% Sale Sale Jan. 8 28% Jan. 4 31% Mar. 22 Feb. 10 30% Jan. 80 Jan. 94% Jan. 83 Jan. 62% Jan. 2 29 26 21 66 Mar. 4 39% Jan. 18 Jan. 13 39% Jan. 44% Jan. 45 Jan. 82% Feb. 94% Jan. 26 14 Jan. 14 41 14 2 21 6 92 5 80% Mar. 10 Mar. 9 Jan. 21 76 58 Mar. 31 72* Mar. 58 Mar. 31 72 Sale 58% Sale 58 72 Mar. 58 58 Sale 58 78% Mar. 10 58 Mar. 28 Mar. 31 72 Sale Mar. 28 Mar. 31 9 9 72% 74 Sale 88 Sale 82 70% Jan. 4 67% Mar. 15 84% Jan. 4 78 Jan. 6 65% Jan. 27 68% 92% 82% 72% 9 Mar. 4 Mar. 10 Mar. 24 Feb. 19 69 81% 66% 68% Mar. 3 Mar. 15 Mar. 30 Mar. 14 75 90% 72% 67% 87% 80% 70 66 13 70 Mar. 10 72 673 683 O Sale 76 O A 1937 A O St Louia lat g 4a 65 50 89 O 136,000 N Y C AC H R g mtge 3%a 1997 6,000 Registered.. 1997 Debenture gold 4s............1934 MN 171,000 J 9,000 39-year deb 4s of 1912 .1942 J Lake Shore coll g 3H« 19,000 ...1998 F A Registered.. ..........1998 F A "~5~,666 Mich Cent coll g 3 Ha 1998 F A Registered 1998 F A 6% gold notes. .......1932 I 2,858,000 319,000 Refunding 5%s aeries A......1974 704,000 Refunding 4%s series C 1978 1,000 NY Connecting lat gu 4Hs A 1953 1st gtd 5s series B............1953 11,000 NY Ac Erie lat ext g 4a 1947 3d ext gold 4Ha 1933 N Y Ac Greenw L guar g 5a.. 1947 1,000 N Y Ac Harlem g 3Ha 2000 NY Lack Ac West ref 4Ha B 1973 40 66 IX 85 74% 67% A A 2013 37 63% 35 40 28 X O 1954 1945 ..2013 35 35 First 5%s aeries A ...... 75 1% 61% 71% 61% 70 Sale 35 65 lat mtge gold 5a aeries C 1956 lat 4Ha aeries D..............1956 130,000 N Y Cent RR conv deb 6a Conaol 4s series A 202,000 Ref Ac Impt 4 Ha series A 175,000 When issued. 598,000 Ret Ac lmpt 5a Series C 387,000 1 57 X 70% 60% 80 O Registered.. 2 1 2 A N O Tex Ac Mex non cum lnc 5a .1935 10,000 New Orleans Term 1st 4a... 77,000 N Y Chic AC 1% —..1951 gold 4s New England RR cona Cons guar 4a 36,000 57,000 124,000 Jan. Jan. 1% Jan. 2 1% IX Assenting cash warr rect No 4 on Naugatuck RR 1st g 4a 78~66O 2% ..... No S on Nat RR Max prior lien g 4%s ...1924 Assent 84% 82 Jan. 68% 81 68 65 81 71 66 58 94 79 A O 24 X Sale A O ....1 82% 66 Mar. 24 70 69 68% a67% Mar. 15 75 Mar. 9 68% Mar, 4 92% Mar. 10 82% Mar. 24 7 69 Mar. 70 Mar. 10 67 Feb. Mar. 10 71 Feb. 10 Mar. 84% Sale 73 78% Mar. 31 78 Sale 73 Mar. 1 82 55 Sale 53% Mar. 1 30 Sale 30 Mar. 31 74% Mar. 11 46% Mar. 11 30 88 90 Sale 30 Mar. 31 40 Mar. 10 88 Mar. 8 88 90% Mar. 9 93 Mar. 8 Mar. 17 77 1 77 Mar. 1 O A 69 58 25 Sale Sale F A 20 X 82 53% Sale 37% Sale 34% Sale F A 91 Sale 92 88 90 M S MN M 98 91 78% 77 X ..... 72 S MN 25 MN 70 75% 40 75% 77 Sale 54% 50X 79% Feb. 90% Mar. 85 72 75 Jan. Feb. 6 10 77 75 .«*#■ Mar. 1 Feb. 10 Mar. 40 73 77 Mar. 1 73 MN N Y Ac Long Branch gen 4a.....1941 M S N Y AC N E Boston Ter 1st 4a 1939 M S "97" 74% Mar. 11 46% Mar. 11 40 Mar. 10 88 Mar. 8 93 Mar. 17 22% Jan. 24% Jan. 19 Jan. 72 60% 79% N Y New Haven Ac Hartford— 7,000 5,000 3,000 25,000 53,000 1,000 165,000 2,000 51,000 41,000 289,000 43,000 1947 M B A O 51 Non-conv debenture 3%a 1954 A Non-conv debenture 4a.......1955 J O 513 563 Non-conv debenture 4a Non-conv debenture Convertible debenture 3Ha—1956 J Convertible debenture 6a 1948 J Registered Collateral trust 6a........ 1940 lat Ac ref 4%* ser of 1927 Harlem R Ac Pt Chea lat 4a "Y, 666 106,006 ... Terminal lat gold 5s N Y Weatchea & Boa lat ------(Norfolk 17,000 J 89 92 91 Sale 83 X 95 90 100 52 56 7OX 60% 72 85 55% 70% 73% J D 40 1961 F 77 X F A 1932 A 4a 1996 A Registered.. .....1996 A Dlv 1st 8c gen g 4a —1944 J Pocahontas C At C Joint 4a..—1941 J 44 92 96 X Sale 13% 102 X '91X Sale 85 O 404,000 Northern Pacific prior lien 4a 1997 Q J 2,000 Registered 1997 Q J Gen Hen ry A: Id gt 3a....Jan 2047 Q F 149,000 Registered Jan 2047 Q F ~63~,665 Ref & Impt 4H* Series A.. 2047 J J Ref Ac Impt 6a Series B.......2047 335,000 Ref Ac Impt 5a Series C. ......2047 13,000 Ref Ac Impt 5s Serlea D 38,000 2047 3,000 North Pac Terminal 1st 6a 1933 69 Feb. 3 67 5 Mar. 31 74% Mar. 12 55 Jan. 61 Mar. 12 Mar. 57 55 61 61 66% Mar. 9 60 Jan. 60 55% Mar. 68 Mar. 9 58 Jan. 6 68 50% 61 58 Mar. 58 Mar. 16 51% Jan. 5 58 Sale 86 Mar. 95 Mar. 9 86 Mar. 29 Mar. 92 Mar. 21 92 91% Mar. 94 Mar. 50% 88 65 80 Sale 11% Sale JV% 56 "62% "74" 78% 97 70 75 76 66 52% 66 45 83 95 82" 89 §4% Sale 94% 100 9 57 56 Mar. 59 Sale 66 Mar. 75 Mar. 11 Mar. 10 66% Mar. 9 Mar. 9 Mar. 16 14 95 92 Jan. Mar. 21 83% Jan. 7 94 Mar. 48 Jan. 5 59 Mar. 11 66 Mar. 31 Mar. 77 83 Jan. 12 Mar. 10 4 Mar. 21 9 Mar. 83 Mar. 10 81 49 Mar. 1 55 Mar. 22 38% Jan. 55 Mar. 22 42% Sale 41 Mar. 16 44 Mar. Jan. 46 Jan. 22 77% Jan. 54 Jan. 6 15 70% 82% 11% 60 40% 43 5 40 73 35 Mar. 1 45 Mar. 9 77% Jan. 35 Mar. 35 Mar. 4 38 Mar. 8 30% Jan. 70 "25" 30 60 40 98 60 98 57% 58% 45 55% %I l40?g fl90 4 Sale Sale 89 86% 100% 33 Sale 14% Sale Mar. 30 62 Mar. 9 Mar. 28 102% Mar. 12 14% Mar. 31 18% Mar. 1 52 Sale 91 ti 91 a89 Sale Sale 2 Mar. 31 92% Mar. 17 92% Mar. 15 19 39% Jan. 92% Feb. 62 Jan. 2 103 Feb. 11 20% Jan. 28 4 Feb. 15,100% Mar. 23 8 92% Mar. 15 Feb. 81 Jan. 28 92% Mar. 10 6 92% Mar. 15 85% Jan. 80% Feb. 24 6 87 Jan. 100 70 55 82% Mar. 11 75% Mar. 4 Sale 15% 59 76% Sale 70% 75% 76% Mar. 75% Mar. 82% Mar. 75% Mar. Sale 56 55 Mar. 63 Mar. 69% Mar. 80% Mar. 76 Mar. 90% Mar. 90% Mar. 73 73 78 78 78 78 89 75 59% 70 Sale Sale 73% Sale 40 78 86 78% 81% 90 96% 74 76 16 J D 18 F A 81 90 86% J J 78 86 85 29 28^ 50 Feb. 26 Mar. Feb. 19 102% Mar. 28 80 52% 69% 19 2 12 29 104 100 88% Mar. o89 Jan. Jan. 96% Jan. 11% Jan. Mar. 28 40 40 Mar. 28 40 36% 51 102% 102% 102% 102% Mar. 3 102% Mar. 28 101 101% 99% 99% 101% 100% Mar. 23 100% Mar. 23 Sale Sale 87 Mar. 29 92% Mar. 15 a82% 100% 21% 92 55 100 50 99 100X 72 89 Mar. 81 Sale 51% 69 50 —... 91 86 95 96% Sale 19% 90 100 75 Feb. 73% Feb. 51% Jan. 54% Feb. 55 66 81 70 70 Sale 77% 72 97% 96% O 17,000 Ogden Ac Lake Ch lat guar g 4a..1948 J J Ohio Connecting Ry 1st 4a......1943 M S Ohio River RR 1st g 5a 1936 J D General gold 5a.. ...1937 A O 27,000 Oregon RR Ac Nav con g 4a.....1946 J D 6,000 Oregon Short Line lat con g 5a.. 1946 J J J 70,000 Guaranteed con 5a....• .....1946 J 197,000 Oregon-Wash 1st At ref 4a J 1961 J 28 53 61 69 Sale 100 X 102 X 8 A Deferred delivery. Jan. Mar. 31 Mar. Sale 80% North Cent gen Ac ref 5a A 1974 M Gen & ref 4%s series A atpd__1974 M A 70 99% 101X 88 89% New River 1st gold 6a 2,000 Pacific Coast Co 1st g 5a.... 1946 2,000 Pacific RR of Mo 1st ext 4a 1938 4,000 2d extended gold 5a..........1938 56 r67 58 19 8 70 .... 23 1938 Mar. Mar. 5 60 53 Sale 52 & South lat g 5a.......1941 MN Northern Ry of Calif guar 5a 63 Sale 90 50 51 30% 13 a 56 72% 84 60 31% A Cash sale, 58% 78 Norfolk & West Ry 1st con g r 70 Sale Sale 43 40 D 5a....1945 74 Sale 92 1942 A 1998 A 1937 J 1937 F ...1940 F ...1943 M N 4H> 1946 J J 1950 A O Northern Ohio lat guar g 57% r67 J O 1954 MN S.OOt^Norfolk & Western lmpt Ac ext g 6a 1934 17",066 53% A 1955 J 261,000 Nord Rys extl a f 6Ha 32,000 Norfolk South lat Ac ref 5a A 2,000 96,000 54 N Y Pro* Ac Boston gen 4s N Y Ac Putnam 1st con guar 4a N Y Suaq Ac West lat ref g 5a Second gold 4 4a General gold 5s 60 51X June 1992 M S 1st g 4s 62 55 57 64 J J 1967 69 54% 56 i ......1957 M N Debenture 4a 65 52 70 58 57 68 ....1956 MN Non-conv debenture 4s 88,000 N Y Ont Ac West General 4a 69,000 13,000 3Ha--~--1947 47 79 86 78% 85 90 98 Mar. Mar. Mar. Mar. 40 Mar. 5 49% Mar. 12 40 Mar. 90 48% Jan. Mar. 5 Mar. 11 Mar. 5 13 8 5 Mar. 11 100% Mar. 100% Mar. 100% Mar. 100% Mar. 63 54% Feb. 13 76 7 49% Mar. 12 90 Jan. 13 Jan. Jan. Jan. Mar. 22 16 13 22 90 Sale 95 Sale 78% 79 18% 20 87 90 94 84% 94% 96% 75% Mar. 17 Mar. 24 Mar. 16 Mar. 1 85% Mar. 14 Mar, 5 99% Mar. 8 96 83 Mar. 22 19% Mar. 10 19% Mar. 10 90 Mar. 10 90 Mar. 10 a58% Mar. 16 93 Mar. 18 84% Mar. 17 87 94% Mar. 24 99 94% Jan. 2 100 72 Jan. 4 83 19% Mar. 10 85% Feb. 24 Feb. 11 85 19% Mar. 10 Jan. 19 Mar. 18 90 93 N. Y. STOCK Sales in March. Value. T. RANGE SINCE JAN. 1. PRICES IN MARCH. Price BONDS N. 35 EXCHANGE—BONDS Jan. 2 STOCK EXCHANGE- M 8 95 *92 96 94 M S 50 A O J J F A M S March 31. Sale 97% Sale 55 Ask Bid. Bid. 95 Ask. Bid. $ 1,000 Paducah 9c Illinois let • f 4%s..l955 375,000 Parlv-Lyons-Med RR 6s 1958 170,000 Sinking fund ext 17s.. 1958 155,000 Paris-Orleans RRExt a f 534*—1968 13,000 Paullata Ry 1st 8c ref 7s ...1943 March 1. 1932. HA, 80% 91 100% Sale "99% Sale iod Sale 55 Sale 63 Ask. 104 96 Lowest. Sale Prices. Sale Prices. 93 Mar. 29 93 Mar. 29 99 Mar. 2 100% Mar. 21 Sale 102 Sale 51 a94% Mar. 60% Lowest. Highest. Mar. 2 rl04%Mar. 1 6234 Mar. 22 29 9734 Mar. 16 65 Mar. 17 91 98 Jan. Jan. 88% Jan. Highest. | Prices. 95% Jan. 11 Mar. 21 5rl04%Mar.29 26 97% Mar. 16 Mar. 17 13 65 Sale Prices 93 Mar. 29 4 Sale 10031 41 Jan. 70 Jan. 78% Jan. 14 88 Feb. 92 Jan. 8 Penn Ohio 8c Detroit RR— 1st 8c ref gold 4%s series A 12,000 1977 2,000 Penn RR consol gold 4s.... 1943 Consol gold 4s 57,000 .....1948 23,000 Stamped dollar bonds —1948 Consol 43is Issue of 1915......I960 94,000 General 4Hs Series A 175,000 ......1965 General 5s Series B .......1968 126,000 471,000 15-year secured 634s —1936 Registered. — 132",600 40-year 5s_. 1964 Debenture gold 434s... 290,000 1970 General 4%s series D......... 1981 99,000 ....... MN 88 MN 88 MN 73% 9134 Sale 94% 82 76 87% 92% 83 F A 93% J D 79 81% 9334 78% J D 88% 9034 88 F A 98 Sale 100% F Sale Sale 8234 6934 74% 75% Sale 89% 92% 75% Mar. 8934 Mar. 88 88 88 88 93 90 88% 92 77 Mar. 31 89% Mar. Mar. 90 Mar. 90% Mar. 1 Mar. 11 9 93% Jan. 12 91% Feb. 16 98 Mar. 14 87% Jan. 11 92% Jan. 18 102% Jan. 14 87% Jan. 87 Feb. Feb. A 80 66 7634 92% 8934 89% Sale Sale Sale Sale MN A O A O 99% 70% Sale Sale Sale Sale 76 95 Sale 84 Sale Mar. 98 75% Mar. 91 84 Mar. 99% Mar. 83% Sale 82 65 65 Sale 7534 90 83% Mar. 10 84 99% Sale 7034 Mar. 14 7534 Mar. Mar. 10 101% Mar. 12 Mar. 2 Mar. 82 73 Mar. 11 7034 Mar. 29 77 Mar. 78 78 78 78 Mar. 15 Mar. 8 86% Mar. 9 5 Feb. 97% Jan. 79 65 70 Feb. 8 Mar. 28 Jan. 2 Jan. 14 74% Jan. 11 79 15 88 Jan. Pennsylvania Co— Guar 3 34s coll tr reg ctfs ser Guar 334s coll tr ctfs ser B M S F A J D 87 ..... 10,000 6,000 Guar g 334s tr ctfs series Guar g 334s tr ctfs series J D 85 ..... 40-year guar MN 75 MN 70 7634 Sale 7334 Sale 7334 Mar. 31 81% Mar. 11 76% Feb. 70 Jan. 19 Secured gold 93 Sale 78 170,000 O 30 40 50 Sale 52 53 50 Mar. 1 55 Mar. 11 40 Jan. 9 55 Mar. 11 2% 6534 634 72 72 79 69 65 Feb. 9 45% Jan. 41% Jan. 42% Jan. 4 79 69 55 58 Mar. 10 Mar. 9 Mar. 9 Mar. 3 A.1937 1941 C—1942 D—1944 tr ctfs 4s Ser R..1953 434a... ...1963 17,000 Peoria 8c East 1st cons 1940 ...1990 A...1974 1956 Income 4s (flat) "8", 556 A A O F A 4s Peoria 5c Pekln Un 1st 534s 174,000 Pere Marq 1st 5s Series A 1st 4s Series B 43,000 1st g 434s ser C w 1_. 131,000 21,000 Phlla Bait 5c Wash 1st g 4s ...1956 1980 1943 J J J 8 M.N A J J 1,000 "2",660 2,000 32,000 17,000 24,000 4234 Sale 8934 8634 99 ..... J J J D 96 g..'.—1942 A O Con 4s series F guar g Con 4s series G guar g Con 4s series B guar g ...1953 1957 1960 1963 1964 1970 —1975 —1977 Con 434s series I guar g. Con 434s series J guar Gen guar 5s series A General g 5s ser B 19% 2134 95 88% 9534 70 78 —~ 234 J5/i 79 75 Sale 60 49 4434 50% Sale 88% 9134 98^ If* 80 20 -... D 80 83 F A F A 10034 9834 95 MN I D 90 A O 90 74 98 General 434 s series C First consol gold 5s ... J 55 58 Mar. 85 90 91% Mar. 24 91 Mar. 24 3 2 2 81 Feb. 13 85% Jan. 13 80% Feb. 20 78 Mar. 8 81% Mar. 11 88 Feb. 17 91% Mar. 24 77 Jan. 23 80% Jan. 2131 Jan. 9834 78 18 20 95 96 95 96 20 Mar III 100 95%. 8634 77 80% 81% ... 18% Mar. 17 17% Jan. 29 100 95% Mar. 15 9234 Mar. 1 94 Mar. 21 Feb. 17 100 "III 90 88 96% Mar. 19 94 Mar. 21 94 Mar. 21 2 87% Mar. 2 86% Feb. 83% Mar. 1 83% Mar. 1 83% Mar. 80% 70% 84 90 90 90 Mar. 94% Mar. 14 77 Mar. 30 90 93 85 Mar. 10 Mar. 2 Mar. 1 88 90 Sale Sale 84% 84 90 87 77 1 82 Mar. 10 Mar. 2 Mar. 9 Mar. 5 100% 100% Mar. 100% 103 100 95 76 ..... 8 96 90 100 8 100% Mar. 8 Mar. 12 100 Mar. 12 40 81 88% Jan. 1 87 84 18 83% Mar. 1 Feb. 26 Mar. 1 87% Feb. 26 74% Jan. 8 100 17 90 Feb. 9Q 92% 94% 85% Mar. 2 Jan. 16 Mar. 14 Jan. 27 100 Jan. 9 100% Feb. 17 Mar. 12 100 Mar. 12 8234 87 100 90 "65"::::: 82% 50% 65% 79% 80 "77"" 76 80 76% Sale 80 60 54 52 4734 Mar. 28 83 73 75 76 Mar. 19 74% Mar. 75 2 Mar. 12 73% Sale 72% Mar. 31 68 81 80 56 Mar. 7 45 47 Jan. Jan. 4 27 56% Mar. 10 45 Jan. 5 56 Mar. 7 53% Feb. 25 56% Mar. 10 2 74% Mar. 7434 Mar. 75 2 Mar. 12 8134 Mar. 8134 Mar. 9 9 96% Mar. 12 9634 Mar. 12 Mar. 21 74% Mar. 79 "72" "90" Mar. 12 70 Feb. 9 81% Mar. 76 Jan. 6 82 93 Jan. 18 Jan. 2 8 9 15 72 90 96% 93 96% Mar. 12 93 5 '63% *72" 66 75 73 72 Mar. 17 75 Mar. 9 66% Jan. 5 75 42 50% 51% Sale 52 55 52 Mar. 14 55 Mar. 9 44 Jan. 4 56 4034 50 37% 65 60 4134 61 70 25 Jan. 75 80 80 74% 47% 5 J Mar. 21 Jan. 13 75 Rio Grande Southern 1st g 4s... .1940 .1940 Guar (Jan 1922 coupon) St Jos 5c Grand Island 1st g 4s..1947 J St Lawr 5c Adirondack 1st g 5s._1996 J 13 94 87% Mar. 90 53% 5434 Sale 86 106,000 Rock Isl'd Ark 5c Louis 1st 4%S._I934 M 8 1,000 Rutland-Canadian 1st guar g 4s. 1949 J J J Rutland 1st cons g 434s.. .....1941 J 17 Jan. 9534 Mar. 15 a92% Feb. 9 92 Feb. 23 96% Mar. 19 78 76 .1939 43,000 Rto Grande Western 1st g 4s 1st con 5c coll trust 4s series A .1949 25,000 26 11 Feb. 75 95 55 .1957 MN -- Sale ..... 40 45 2,000 Providence Terminal 1st 4s..... .1956 M 8 2,000 Read Co Jersey Cen coll g 4*.—. .1951 A O .1997 I J Gen 5c ref 434* 57,000 .1997 J J Gen 5c ref 4348 series B__ 11,000 Rensselaer 5c Saratoga 1st gu 6s .1941 MN Richmond 8c Mecklenburg 1st 4s .1948 MN 1,000 Richmond Term Ry 1st guar 5s. .1952 J J Rio Grande June 1st guar g 5s_. .1939 13 Mar. 15 70 .1959 .1960 1st mtge 434* series C... Pitts Y 8c Ash 1st gen 4s ser A.. .1948 .1962 1st gen 5s series B ... Sale 44 Sale 44 Mar. 31 6634 Mar. 11 44 Mar. 31 70 40 47 48 Sale 48 Mar. 31 48 Mar. 31 50 6434 4134 39 47 Jan. Feb. 48 47 68 80 77 75 Mar. 5 84 Mar. 12 61 Jan. 13 5 5 40 8934 40" "8934 63% 77% 84 Jan. Jan. 14 9 Jan. 14 Mar. 31 Feb. 5 Mar. 12 J 1996 A O 2d gold 6s 2 53 45 Providence Securities deb 4s Mar. 4634 Mar. 31 80 "65"" "HI .1958 - 1st M 434s ser B 49 51 75 J - A ser 51 5334 53% 4634 Sale Mar. 10 Mar. 9 Mar. 9 95 :::::'99" 13 78 .... 3| Sale 93% 103 Mar. 15 Mar. 8 Mar. 28 Mar. 31 4634 Sale .1943 J .1943 MN Pitts Va 5c Char 1st guar 4s Sale 92 92 92 % Feb. 85% Jan. 81 87 78 99 MN J J 38", 660 70 80% 83% 76% 1,000 Pitts McK 5e Yough 1st guar 6s. .1932 .1934 2d guar 6s 1,000 .1940 A O Pitts Shen 5c L E 1st g 5s 21I606 81 87 100 Con 434s series C guar g......l942'MN Con 4s series D guar g.......-1945 MN Con 334s series E guar g 1949 F A 6,000 Pitts 5t West Va 1st 434s 101 A...1940iA O 434* »er Con 434> series B guar 86 Sale 87 36 M 1974 F P C C 5c St L guar g 6% 2% J Gen g 434s series C 2,000 9,000 1,000 12,000 ..... 81 51 General 5s Series B 1977 40,000 Philippine Ry 1st 30-yr s f 4s—1937 Pine Creek registered guar 6s—1933 ..... "25" "90" '89% Feb*."3 89%~FebI~3 St Louis Iron Mtn 5c South— 363,000 River & Gulf Div 1st g 4s—...1933 MN St Louis-San Francisco Ry — 65% 7034 79 Sale 63 Sale 63 Mar. 31 80 Mar. 2 63 Mar. 31 83% Jan. Sale Sale 22% Sale 22 32 Mar. 3, 22 Mar. 28 34 17 Sale 17 Mar. 28 Mar. 28 26 Mar. 3! 15 Jan. 28 Sale 2734 Mar. 28 3734 Mar. 8 27% Mar. 28 Mar. 2 22 , 1,256,000 Prior Hen 4s series A 1950 J J 26% Sale 1,416,000 Con M 434s series A 1978 M 8 19 Sale 2934 2234 1950 J J 32 Sale 36 Sale St Louis Peoria 5c N W 1st gu 5s. .1948 J J 70 72 4 Jan. 14 26% Jan. 22 Jan. 14 Registered...........— 222",005 Prior lien 5s series B... 44,000 St. Louis Southwest 1st g 4s 2d gold 4s incomo bond..Nov 35,000 Consol gold 4s. 1,141,000 1st terminal 5c unif 5s.«...... 86,000 49,000 St Paul 5c K C Short L 1st 4 34«4,000 St Paul 5c Duluth 1st consol 4s. ..... -- *23", 555 126,000 145,000 "9",555 1989 MN J 1989 J 1932 J 1952 J D J 1941 F A 1968 J D 69 65 40 41 47 84 Sale 26 30 49 50 63 42% Sale 60 85 95 1st consol gold 6«............ 1933 1933 Sav Fla 5c Watt J 1st 5c cons J ..... 6s series A 1945 M S i935 Series B__ FA Certificates of deposit South 5c Nor Ala guar 5s.. 1936 F 1963 A O 49 J D 173,000 8ou Pac Co 4s Cent Pac coll Aug 1st 434s (Oregon Lines) ser A__ 1977 M 8 i6o;ooo Convertible 5s.. 1934 J D 3,000 Gold 4348 1968 M 8 123,000 Gold 434* wl 204,000 May 1 1969 M N Gold 4 34* 1981 M N 598,000 San Francisco Term 1st 4s 1950 A O 51,000 a 73 72* 3 Mar. 11 Mar. 26 94 93 95% Sale 99% 99% 95% 97% 94% Mar. 98% Mar. 9434 Mar. 2 54 27% Jan. 42% Jan. 73 69 Jan. 26 49% Jan. 26 Mar. 2 55 Jan. 26 5- 89 7 2 Mar. 26 60 73 Jan. 26 Mar. 26 "85" 96% Mar. 17 1 100% Mar. 23 1 97% Mar. 14 98% Sale 9034 94% 2 92 7034 82 95 80 Mar. 95 85 76 84 73 95 66 81 Mar. 93 97 9634 98% 94 Mar. 3 3 81 90 73 75 Mar. 29 84 8734 103% 80 76! Hi 12 15 Sale 12 20 28 lH 3% 3% Sale 3 Sale 76% Sale 102% 75 8134 Sale 81% Sale 11% 16 11% Sale 11% 16 16 18 12% 11% 18 19% §£ 8* 94% Mar. 2 96 Feb. 4 94 Feb. 4 97 Jan. 15 100% Mar. 23 97% Mar. 14 Mar. 4 84 Mar. Mar. 3 98% Mar. 16 80% Mar. 9 70 Feb. Feb. 11 9 81 99 67% Jan. 6 80% Mar. 84 Mar. 11 Mar. 2 78% Feb. Mar. 12 Mar. 18 11% Mar. 91 2 86% Jan. 19 Mar. 3 Jan. 19 9 97 Sale 5 4% 20 2% 2% 1% 1 2 234 5 Sale . 1 35 Deferred delivery. 81% Mar. 31 16 Mar. 2 85 13 Mar. 16 4 "Mar. 14 4% 4% Sale 4% Sale 434 Mar. 4 Mar. 9 12 18 2% Sale 2 234 1% 234 1% 82% 4 17% Mar. 14 2% Mar. 31 2 Mar. 5 §4% '96'" Sale 54 60 60 78% Sale 72 85 75% 76% Mar. 26 Sale 61 Sale 58 Sale 95 92 6234 Sale 65" 63 67 69% 6534 Sale Sale 62% Sale 72 76 76 "4% Mar."21 5 Mar. 1 5% Mar. 16 20 Mar. 1 2% Mar. 2% Mar. 3 3 r25 19% 13% 1% 5% Mar. Jan. 2% Jan. 2% Jan. 3% Jan. 7 Mar. 11 Feb. Jan. 16 15 Mar. 18 Feb. 2 Jan. Jan. 6% Jan. 13 15 14 15 7 Jan. 15% Jan. 20 Feb. 1 Jan. 5 Jan. 14 3 2 Feb. 3 4% Feb. 2% Feb. 24 2% Feb. 25 1% Jan. 2%aJan. 2M*Teb. 70 79 13 84 Mar. 82 73 * 16 1 4% 4 6334 Sale 81 16 11% Mar. 31 1 534 20 2 1534 1% .... Cash sale, 59 73 50 A r 52 Mar. 1 Mar. 26 53 1 J guar 50-year 5s Mar. 29 42 50% 97 2% Seaboard 5r Roanoke 1st 5a extd. 1931 J cons Jan. Sale A 1959 A O ... Certificates of deposit 40,000 Atlan-Birm Div 1st g 4s...May 1933 MS 8,000 1935 F A 27,000 Saaboard-All Fla 1st 6s A 8,000 Certificates of deposit Gen Jan. 181 Mar. 311 42 Mar. 31' Mar. 29 1934 A Oct 1949 F cons 42 2 79 1934 A .......—... Refunding g 4s.. Certificates of deposit 9 Mar. Mar. 42 Sale D 16,000 Scio Vail 5c N E 1st guar g 4s.... 1989 MN 5,000 Seaboard Air Line 1st g 4s...... 1950 A O 1950 A O 65,000 Stamped Certificates of deposit...... A O 10,000 Adjustment 5s Mar. 3lj 66 Sale Sale 51 42 J 1937 J 1st g 6s let g 5s 48 89 60% Mar. 42 78 20 46% 95 99% Sale 6s reduced to gold 434*--- Reglstered ; Montana Ext 1st gold 4s 96% 60% Sale 85 Santa Fe Presc 5c Phenlx 1st 6*_. 1942 MS 65,606 55 27 43% St Paul E Grand Trunk 434*..-- 1947 St Paul Minn 5c Man cona 4s.... 1933 1940 Pacific Ext sterling guar 4s 1,000 1972 47,000 St Paul Union Depot 1st 5s 54,000 San Ant 8c Aran Pass 1st guar 4s. 1943 J 3,000 73 Sale 80% *85" 5834 Sale 7934 74 Mar. 7 82% Mar. 11 85% Mar. 18 60 Mar. 30 60 58 Mar. 28 Mar. 31 70 70 9 9 59% Jan. Mar. 59 Mar. 28 68% Mar. 9 59 74 85 Mar. 28 78% Mar. 4 82 Mar. Mar. 10 73 85 58 Mar. 28 ^72% Feb. 29 Jan. 5 84% Jan. 14 Mar. 30 97 Feb. 5 4 73% Jan 13 Mar. 31 Mar. 28 74 Jan. 11 72% Jan. *4 Feb. 84 15 2 Jan. N. Y. STOCK 26 Sales in BONDS Value. N. T. STOCK EXCHANGE. Jan. 2 * ...1937 So Phc off Calif 1st con* 5s 4s—.....1937 4s....1955 South Pnc Coast guar MN J 95 Ask. 101% Bid "77" "80" 95 Mar. 29 Sale 99 Prices. Jan. 8 Mar."II 98 Mar. 29 98 86% Mar."II 75" Mar."31 86% 9 77 Mar. 29 86% Jan. 13 2 3 36 A2 54 14 Mar. 7 48 Mar. 28 Mar. 30 Mar. 30 Jan. 13 Mar. Mar. 3 7 35% Jan. 19% Jan. 7 8 45 Feb. 26 31 Mar. 37% Mar. 2 38 Jan. 79% Sale 77 Sale 77 Mar. 29 86% Mar. 37% Sale 36 Mar. 28 42 Mar. 30 48% Mar. 58% Mar. 48 Mar. 30 63 39% Mar . 31 45 31 80 Sale 83% O 41 Sale 57,000 109,000 Devel & gen 6a series A ..1956 A O 48 % 46% Sale 53% 57% A.....1956 Memphis Dlt 1st g 5s.........1996 St Louis Dlv 1st g 4s 1951 East Tenn reorg lien 5s.. ..1938 A O 51% Sale J J J J Detel 6c gen 6%s series "75 "Mar ."31 42 Mar. 18 70 85 72 65 |6* 50 88 41% 45 39% Sale 20% 40 30 35 29 Sale 26 Mar. 24 Tenn Cent Ry 1st M 6s A 30 Mar. 31 M 8 36 90 99 ........1944 1953 35 98H 26 90 82 '63 % Sale Ac F S Ry 5%s ser A..1950 Texas & N O cons g 5s 1943 87% Sale 2000 Gen & ref 5s series C 1979 40,000 Gen & ref 5s ser D ........1980 52,000 6,000 Tex Pac—Mo Pac Term 5%s 1964 D General gold 5s 1935 Tol St L 5c West 50-yr g 4s 1950 Tol W Va & Ohio 1st guar 4%s B.1933 1st guar 4s series G. 1942 ... . 68 Sale 59 80 M S J 1935 J 1935 A O Toledo & Ohio Cent 1st g 5s Western Dlv 1st g 5s J 30 Sale 93 96 90 92 74 76 74 70 Sale H* 69 90 91 A O J 68% 67% 67% 90 75 ::::: D ::::: ^ 7 8* 93% o84% 37% Sale 69 68% 85% 92 70 94 Mar. 30 96 Mar. 28 24% Jan. 6 88% Jan. 26 93% Mar. 19 76 Mar. 11 71 Feb. 70 74 Mar. 14 63% Jan. Mar. 1 Sale Mar. 28 2 79 2 74 Jan. Feb. 7 18 Mar. 8 87% Jan. 2 92 Jan. 14 Mar. 7 10 6 5 70 Jan. 26 Feb. 18 92% Jan. 5 70% 70% 89% 92% Mar. Mar. Mar. Jan. 3 3 7 5 3 96 Mar. 3 Jan. 64 Mar. 24 70 Sale 62 Mar. 31 70% Mar. 64 76% Mar. 30 084% Mar. 31 r91 Mar. 24 Mar. 3 62% Feb. 61% Jan. 62% Jan. 92 "62" 20 94 96 90 85 Mar. 7 Mar. 7 80 96 Mar. 3 96 Mar. 3 50 Mar. 17 50 Mar. 17 64% 3 92 96 96 94 50 91% Mar. 28 93% Mar. 19 73% Mar. 22 96 Mar. 50 Mar. 17 77 48 Feb. 48% Jan. 27 94 58" 70 J 79 D 79 62 M S ..1946 I Tor Ham & Buff 1st 4s Ulster & Delaware 1st 5s O 60 65 J 67% Jan. 23 80 97 97 1977 A 60 92 37% , Dec 1 2000 Mar B 14 I4 95% 95% Hi*-.1939 30,000 Texarkana Texas 5c Pacific 1st g 5s Second g lac 5s (flat) 72 D 1947 Term RR Assn of St L 1st g 4 67 Jan. Jan. Jan. 95 95 % 48 50% Sale 25 .1936 Sunbury Ac Lewis 1st g 4* ser 94 Sale 1938 M S J J Mobile At Ohio coll tr 4s First cons g 5s Gen ref s f gold 4s 52 85 M S 11,000 Spokane lnternat 1st g 5s......1955 Staten Isl Ry 1st gu g 4 He '43 J "i',666 Highest Sale Prices 60 98 90 Sale A Gen ref 5» Sale Prices 100 r.1956 15",000 Sale Prices. 70 75 Devel Ac gen 4s series A...., 42:660 Highest. 98 100 284:666 7,000 23,000 4,000 27,000 Ask. Lowest. Lowest. March 31. .......... Stamped Federal tax..........1955 148,000 Southern Ry 1st cons 5s 1994 Registered... ...........1994 5,000 15,000 | Ask. Bid 70 J South Pac RR 1st ft guar Registered March 1. 1932. so- Bid. 2i5~666 RANGE SINCE JAN. 1. PRICES IN MARCH. Price March. 2,000 EXCHANGE—BONDS 64% 1928 Ctfs of dep stpd as to Dec 1930 int and $570 return of principal 7,000 1952 A First refunding gold 4s O 40% 45 J 309,000 Union Pac RR 5c land gr g 4s... 1947 J J Registered 1947 J 2,000 First 8c refunding 4s 104,000 .June 2008 M S J Gold 4%s 29,000 1967 J 1st lien 8c ref 5s 3,000 June 2008 M S 40-year 4s Int rets 1968 J D 108,000 91 % Sale 1944 M . : 4,000 38:666 Va 8c Southwest 1st guar 5s....2003 J First cons 50-year 5s 1958 A 83,000 11,000 127,000 34,000 ~ Wabash 1939 M N 1939 F A RR 1st gold 5s Second gold 5s Deb 6s registered 1:666 80% 93 % 106 % 72% 74% 90% 93% 80% 81% 91 77% Sale Sale Sale 77 90 78% 78% 83 95 '30% "35" 81 Sale 70% 97% 70% Sale 30 42 75 34 88% 73% 85 38% Sale Sale 50 70 46% 50% Maic-22 98% Jan. 19 99 Mar. 22 Ma$ 71 Feb. 11 80 Mar. 10 Feb. 20 93% Jan. 10 15 Mar. 16 95 1% Feb. 18 Mar. 31 45 85% Mar. 29 91 9 9 Mar. Mar. 37 Jan. Feb. 95 80 Feb. 35 Jan. 45 81 Jan. 91 Mar.* 9 Mar. 9 Mar. 16 2 75% Mar. 10 Jan. Feb. Jan. Mar. 70 65 75 70 79 Jan. 47 Mar. 1 59 9 43 Jan. 59 Mar. Jan, Mar. 79 15 7 14 9 72% Jan. 20 55 30 Jan. 15 73 46 70 13% 46% 8% 70 10 50 Feb. 9 Sale 8 Sale 83 Sale 5 8 65 J 86 56 76] Mar. 28 6 50 Feb. 6 13% Mar. 3 5 Mar. 31 19 Jan. 12 Mar. Jan. Mar. 4% Mar. 31 4% Mar. 31 19 12 3 3 Jan. 11% Mar. 9 8 16] 16] 24 25 27 Jan. 27 Mar. 7 Mar. Mar. Mar. 31 4% Mar. 31 4% Mar. 31 8 2 90 6% Feb. 19 11 40 86% Mar. 28 A 90 1945 50 HI Sale 46% Sale 85 91% 91% Sale 1952 1977 1937 1943 8 28 23*1 J J 2361 J J 67% 63% 1966 M S g 4s..1949 Mar. 30 72 21 1945 1976 M M 90 80 92 32 78 con 9 87% Mar. 11 76 32 50 17 ..1948 Q M B Mar. 11 90 96 Feb. 87% Mar. 11 59 85 ser 80 8 Mar. 60 84 Erie RR 1st 75% Mar. 29 15 Mar. 84 90 10% 12 Wheel 8c L 99 93% Jan. 91 32 "70% 10 Registered 3 86% Jan. 28 89% Feb. 26 5 74 Jan, 60 98% 10 Wheel 8c L E Ref 4%s ser A 8 9 22 78 27% 11 12 West Shore 1st 4s guar..... Sale 87% 35 9% A.....1946 M 86% 79 Sale 71 9% 3000 37 73 Ref & gen 5s series D ser 78% Mar. 30 81% Mar. 1 Mar. 1% Feb. 95 Sale 13 F 50 Sale 46% 10% 1980 82% 47 10 Western Pacific 1st 5s Mar. 84 Mar. ----- 72 15 West N Y At Pa 1st g 5a General gold 4s...... Sale 9 91 91 1 "87% "94" 9 .... Sale 99 93% Mar. 8 90% Mar. 30 16 80% 80% 4 Ref & gen 5s (Feb '32 coup) B..1976 Ket A gen 4l*s aeries C ....1978 Maryland 1st g 4s First Ac ref 5%a series A.. 82 90 59 1st 40-year guar 4s 90 78% Sale 98 9% West 91% Sale 96 30 Refunding 5s 26:666 Sale J 1939 J 1st Hen 50-year gold term 4s..1954 J Det 9c Ch Ex 1st g 5s 1941 J Des Moines Dlt 1st g 4s 1939 Omaha Dlt 1st g 3His 1941 A O Tol AChlc Dlt 1st g 4s 1941 M 8 Wabash Ry ref & gen 5%s A....1975 Warren RR 1st ref guar 3%« 1,000 Wash Cent Ry 1st g 4s Wash Term 1st guar 3%s_„ 330,000 108,000 6,000 8,000 204,000 114,000 11,000 3,000 O .1962 M N 1st mtge 4 %s series B 96:006 48,000 78 76 J 1962 M N A ser 50 46% 87 A 1957 MN Vera Cruz 6c P Asstg 1st 4%s_„1934 Virginia Midland general 5s ..1936 M N 139,000 Virginian Ry 1st 5s 92% Sale 48 41% 57 J 1955 F Vandalla consol g 4s A Consol 4s Series B 8 1933 J U N J RR 8c Canal Co gen 4s Utah 8c Northern 1st ext 4s 44% 41% S 8 15,000 Wilkes-B 8c 1942 J D J J 77 % 69% 57% •52% 12% 85 83% 59 Sale 56% Sale 83% Mar. 54% Mar. 61% 94% Sale 95 59 Sale 59 Mar. 63 66% 78 Sale 37 98 a95% Mar. Mar. 80% 77 Sale 35% Mar. 98 78 Sale 69 Sale 69 70 75 69 Sale 66 50 50 59% Mar. 75 83% 74 41 77 68 70 53 90 75 23% 56 73 83% 60% Mar. 4 Mar. 14 Mar. 56 Jan. 82% Feb. 83% Mar. 83% Mar. Jan. 48 46 Jan. 7 1 2 16 18 62 63 Jan. 98 Jan. Mar. 10 Mar. 10 91% Jan. Mar. 16 Mar. 91% Jan. Jan. 49 Mar. Jan. 78 2 9 Mar. 9 77 28 Mar. 2 68 Mar. 2 Mar. 9 r61% Mar. 7 Mar. 74 63% Feb. 59% Mar. 30 r61% Mar. 7 49 78 74 Mar. Mar. 9 58% 60 69 71 22% 26 22% Sale 62% Mar. 19 22% Mar. 31 76 Mar. 28 32 Mar. 26 70 Mar. 19 28 Mar. 9 59% Jan. 20% Jan. 12 8 29 Feb. 25 Jan. 27 80 Mar. 23 70 J 13:660 1938 J 1960 J Sale 7 56 82 Mar. East 1st gu g 5s Wllmar Ac Sioux Falls 1st 5a Winston-Salem S B 1st 4s 123,000 Wisconsin Cent 1st gen g 4s 1949 Sup At Dul Dlt Ac Ter 1st 4s...1936 27,000 J 89 30 M N Worcester At Conn East Ry 4%s_1943 J 50 85% 78 Sale 34i 35 30% 33% 31% 29% 63% 34 J 85 78 89% 35% Sale 86 29% Mar. 31 80 Mar. 23 40% Mar. 11 34 Mar. 8 41 76 Mar. 28 25% Jan. 5 40% Mar. 11 Jan. 8 34 Mar. 8 Mar. 11 28% Jan. 5 41 Feb. 6 9 75% Jan. 84 Feb. 1 Jan. 23 24 INDUSTRIALS— / 630,000 Abitlbl Pow At Paper 1st 5s.. Abraham At Straus deb BHi 1953 J 1943 With warrants.. A 89,000 40,000 Adams Express coll tr g 4s......1948 M 28,000 Adriatic Blec Co external 7a.....l952 A Ajax Rubber 1st s f 8s .1936 J 15:666 19,000 11,000 663,000 281,000 647,000 72,000 707,000 122,000 123,000 15,000 744,000 58,000 256,000 264,000 5,000 192,000 Alaska Gold M deb 6s A (flat)...1925 D 29 30 38% Sale 34% Sale 34% Mar. 31 Sale O S O 83% Sale Mar. Mar. 67 D 67% 70 81 1% M S iS* 10-year cony 6s ser B (flat) 1926 M 8 Albany Perforated Wrap Paper 6s 1948 A O Allegheny Corp coll tr cony 5s..1944 F A 24 Sale ilH Sale Sale Collateral and convertible 5s..1949 Coll & cony 5s .............1959 J D A O 28 Allls-Chalmers Mfg deb g 5a 1937 Alplne-Montan Steel 7s_........1955 Amer Beet Sugar cony deb 6s...1935 M N 86^8 95 M F A A M J 46 49 Amer Chain 10-year a f deb *s.._1933 American Cyanomld deb 6s......1942 Amer Ac ForeignPower 5s........2030 American Ice f dob 5s s American I G Chemical 1953 Sale S A O O 8 11* Sale Sale D 66 Sale 20 Sale 75 2% 10% 10% 32 13% 13% 37% Jan. Jan. Mar. 10 8 Jan. 14* Jan. Mar. 10 9 Jan. Feb. 1 •46% Jan. 41% Jan. 22 21 14 22 12% Mar. 15 Mar. 10 38 Mar, 19 Mar, Sale 15% Mar. 28 30% Mar. Sale 81 46 Mar. 31 Mar. 2; 90 19% 76% 73% 32% Mar. 9 20 Mar. 311 85 Mar. 1| 80 Mar. 18 44% 15% Sale 48% Sale 30 19% Sale Sale 32% Sale 69% Sale 69 103% 55 5 14 12% Mar. 15. 14 Mar. 11 Sale Sale" 82* Mar. 19 34% 67 61 70 Jan. 45 68 102% Mar. Mar. 29i Mar. 31 15% Mar. 311 Sale 69 1 J A O £%s gold notes..1934 A O 64 72 68 5! 19 Sale 77 Mar. 30 82% Mar. 19 Mar. 38 19 If* 83% Mar. 10 69% Sale Amer Internet Corp cony 5% a. .1949 Amer Mach Ac Fdy s f gold 6s 1939 Amer Metal Ltd Sale a80 Sale 1949 M N 5Hs 68 80 64 Sale 66 66 68 103 55 Mar. 1 Mar, 29 15% Mar 40 Jan. 15 Jan. 79 Jan. 33 91 Jan. 3 Mar. 12 40 Jan. Mar. 16 18% Feb. 76% Mar. 22 69 80 Mar. 47 Jan. 75 Mar. 14 9 9 Mar. 31 Mar. 50 75 7 21 ■ Mar Mar. 1 8 Mar. 7 » Mar. 14 70% Mar. 11 Mar, 28 71% Mar. 11 Mar, 8 103% Mar. 16 Mar. 4 Mar, 31' 68 Jan. 32% Mar. 65 Feb. 55 Jan. Mar. 66 102% Feb. 48% Jan. SA^ 17 Feb. 23 Feb. Jan. 18 87% Jan. 29 8 14 70% Mar. 11 188 68 Jan. 14 Mar. 16 Mar. 4 American Natural Gas Corp— 28,000 334:606 Deb 6%s (with purch warr) Certificates of deposit 1942 A O A O J J Amer Tel Ac Tel Cony 4& ........1936 M S 30-year coll truafi 5sm. .....1946 J D 35-year sink fund deo 5s......1960 J J 20-year sinking fund 5%a 1943 MN 105,000 34,000 471,000 1,124,000 668,000 Convertible debentures 4%a..l939 261,000 35 year deb 5a ...1965 1,287,000 6,000 Amer Type Founders deb 6s ..1940 145,000 Amer Water Works Ac Elec coll 5s.1934 Debenture gold 6a series A 1975 110,000 Cash sale, a Sale 5 3% 4 1% Mar. 12i 4 Mar. 30 ... Amer Smelting Ac Ref 5s ser A...1947 Amer Sugar Refg 15-year 6s 1937 r 3% Deferred delivery. 91 Sale 89% Sale Sale 100 Sale 97 Sale 100 100 Sale 99 Sale 104% 98 104% Sale 1043% Sale J J F A A M A O 98 O N 83% Sale 89% 72 88 Sale 99% 97% 103% 104% 97% 85% 89% 77% Sale Sale Sale Sale Sale 88* Sale 36 Sale 101% Sale 97 101% 98% 102% 101% 99 98 Sale Sale Sale Sale Sale 76 Sale 90 74 Sale Sale 85% Mar. 29 100 92% Mar. Mar. 1 102% Mar. 96% Mar. 71100 Mar. 1:103% Mar. 1 100% Mar. 99 Mar. 97% Mar. 102 101% 97% 75% 89% 73 Mar. Mar. 31106% Mar. Mar. 1|100% Mar. Mar. 30s 85% Mar. Mar. 18, 95 Mar. Mar. 29 83 Mar. Mar. 26105 1% Mar. 2% Feb. 85% Mar. 98 94% 97% 95% 100% 100% 95% 75% 83% 68 4 Jan. 18 3% Feb. 23 96 13 Feb. 105 Jan. Jan. Feb. 100 Mar. 22 Jan. Jan. Jan. 103% Mar. 22 100% Mar. 10 Jan. 107 Jan. Mar. Feb. Jan. 105 6 Mar. 10 Jan. 14 100% Mar. 9 97% Jan. 13 Jan. 23 84% Jan. 16 95 Sales in March. BONDS Value. N. Y. STOCK EXCHANGE. PRICES IN MARCH. Price 5,000 Amer Writ Paper 1st g 6s 51,000' Anglo-Chil Nitrate 7s without March 1. 1932. 1947 5,000 1,289,000 1,093,000 75% 73 64 Baldwin Locom Works 1st _ 93 Baraqua (Comp Azucar) 7Ks ...1937 434s 1943 Belding-Hemlnway cony 6s ..1936 Bell Telephone of Pa 1st 5s B 1948 7 71 85)4 7834 L02 1946 75 Berlin City Electric deb 634*——1951 Deb sinking fund 634s.....—.1959 30)4 Debenture 6s .......—.1955 Berlin Elec Elev 8c Undgrd Rys— 1st 634s... 142,000 1956 26)4 81,000 128,000 12,000 103,000 15,000 88 95 30 23)4 Bethlehem Steel 1st Ac ref 5s g A. 1942 20-year pur Ac imp s f 5s......1936 Bing Ac Blng s f deb 634s 1950 Botany Cons Mills sec s f 634*—1934 15 7534 99 5 80 88 Sale Tr R T Sec 6s 17 "98"" Sale Sale Conv deb 5>4s... 70 5 8234 Mar. 90 104 Mar. Sale 26% Mar. 38% Sale 32% Sale 27 Sale 28 9234 15 80 43 1 70 Sale Sale sill* Sale 73 80 Mar. 85 74% 76 Sale 9 Feb. 98 30 17 42 Mar. 1 105 Mar. 11 Mar. 22 Sale 9634 Sale 59 V-Vs 15 9934 Mar. 21 92 Feb. 91 Jan. Mar. 100 Sale 83 55 78 55 100 60 73 72 101 Sale 100 65 Sale 4 Mar. Mar. 106 32 100 Mar. 76 Mar. Feb. Jan. 7 58 71 Jan. 13 81 Feb. 90 Jan. 14 Mar. 18 Mar. 23 55 Mar. 60 Jan. 27 99% Jan 60 4 5 36) 102 Mar. Sale Sale Sale 12 7 Sale 66)4 Sale §9 34 "54)4 97 35 12 Sale 5 69 9934 Feb. 8934 Jan. 9634 Feb. 100% Mar. 22 Mar. 44 20 5,3 22 8 40"666 Colon Oil conv deb 6s. 1938 17,000;Colo Fuel Ac Iron Co gen a f 5s..1943 13,000,Colo Indus 1st coll tr 5s gu 1934 , w S?8 1952 Debenture 5s ........Apr 15 1952 Deb 5s Jan 15 1961 82 Sale 74 Sale 3434 Sale 3434 Mar. Sale 60 60 55 77 79 76 90 83 93 87 84 80% Sale 11,000;Columbus Gas 1st gold 5s 1932 82,000 Columbus Ry P At L 1st 4)4* 1957 12,000 Commercial Credit s f 6s ...1934 14,000! Coll trust 534* «er A 1935 236,000 Comm'l Inv Trust conv deb534*-1949 3,000 Computing-Tab-Record s f 6s 1941 89 93 83 Sale 93 09% 85% 87 86% Sale 105 105% 66 56 S7% 21,000 Consol Hydro-Elec 1st ■ f g 7s...1956 663,000, Consol Coal Md 40-yr 5s 1950 439,000 Consol Gas (N Y) deb 5)4* 1945 503,000 Deb gold 434s w 1 1951 52,000 Consum Gas Chic 1st guar g 5s..1936 108,000;Consumers Power 1st lien 5s 1952 48,000 Container Corp of Am 1st s f g 6s.1946 76,000 15-year deb gold 5s 1943 86,000 Copenhagen Telep extl s f g 5s..1954 16,000 Corn Prod Ref 1st 25-yr a f 5s... 1934 7,000 Crown Cork 8c Seal s f 6s 1947 37,000 Crown Willamette Pap 1st s 1 g 6s 1951 110,000 Crowm Zellerbach deb 6s w w 1940 28,000,Cuban Cane Products deb 6s....1950 77 79 Sale Sale 7734 Sale 95)4 99 90 95 91 32 Sale Sale 29 85 , 71 Sale Sale 33 L04 Sale 93)4 Sale 9734 100 LOI34 98 34 1934 Sale Sale ..... Sale 30 32 Sale 75 Sale 11% 15 70 74 10134 LO134 102 7534 88)4 8034 Sale 74 Sale 7234 Sale 55 Sale 5634 Sale 2% Cuban Dom Sug 1st 734s 1944 2,000, Certfa of dep stpd and unstpd— 1,000 Stpd with purch warr attached 31% Jan. 3 1% 100 ..... 1971 93% 1969 92 1951 M N 91 M N 90 1942 M S 2 Sale Sale Sale 102)4 Sale Sale 55 81 Sale Sale 82 7434 9534 32% Jan. 4 Jan. 23 67 Feb. 2 Mar, 28 65 Jan. 12 Mar. 10 71)4 Jan. Mar, 5 Mar. 4 Mar, 18 Mar. 10 Mar 30 4 64 6 85 Mar. 5 4 84 Mar. 4 95 Mar. 18 81% Jan. 26 92 Feb. Mar. 10 Mar. 30 11 95 8434 Feb. 27 91 27 92 91 79 105 Jan. Jan. 32 Mar. 35 105 100 Mar. 9734 Mar. 30 10 70 Sale Mar. Mar. Mar. IO154 Mar. 80% Mar. 72)4 Mar. 55 31 Mar. 19 22)4 Mar. Mar. Mar. 60 Mar. 2 97 Feb. Mar, Mar, 10034 Jan. 21 3 37% Feb. 10 62 Jan. 10054 Jan. 76 Feb. 67 48 24 7 o? 103 82 24 Jan. Jan. 1 Jan. 60 2)4 9 97 Feb. Jan. 90 Jan. 8 85 Mar. 56 83% 70 4 Mar. 11 Mar. 24 Mar. 10 Mar. 24 5 10434 Mar. 21 8 3 14 19 93 Jan. 7 92 Jan. 11 9234 Jan. 9234 Jan. 19 16 3 78 Sale 5934 78 101% Mar. 24 10134 Mar. 11 rl04 101 Mar. Mar. Mar. 86 Mar. 8034 Mar. r9734 Mar. 534 Mar. 86 5234 Mar. Sale llvs Sale 82 70 Sale 9334 Mar. 33 5 Mar. Mar. 5 Mar. 96 Mar. 18 Mar. 28 §1* »Mar. it* Mar. 10034 Jan. 9534 Feb. 96 96 11 90 9 76 101 Feb. Jan. 30 rl04 101 95 86 5034 Jan. 31 75 10 18 9 104 32 9654 Mar. 11 10734 Mar. 10 11.234 10734 Mar. Sale 32 Mar. Jan. 6834 Jan. 32)4 20 Sale 25 94 Jan. 86 4 31% Mar. Mar. 21% Mar. 2 28 20 Jan. 20 Jan. 15 45 Mar. 50 76 Mar. Mar. 4 40 Jan. 25 7054 Mar. 28 9 74 7 7634 Mar. 9 66 70 Jan. Jan. 26 Mar. 9 Mar. 3 76 62 Feb. Feb. 9 10734 Mar 2634 Jan. 51% 54 7254 Sale 76 66 v Mar. 4 It* 85 7634 Mar. 7 82 75 65 2 66 Mar. Jan. 2 Mar. 9 Mar. 31 8134 Jan. 25 r9734 Mar. 18 534 Jan. 14 93% Mar. 434 Jan. 10 110 5 38 5 38 9 2 Mar. 28 Mar. 28 5534 Mar. 30 38 38 Mar. Mar. Jan. 10134 Mar. 11 Feb. Jan. 434 9634 Sale 50 14 24 234 Feb. 27 154 Mar. 23 134 Jan. 22 9734 Jan. 29 102 Mar. 5 Mar. 28 Feb. 75% Mar. 15 10434 Mar. 21 Jan. Jan. 72)4 Mar. 134 Jan. 90 76 76 85 65 7 18 101 154 Mar. 23 102 Mar. 24 92 7 Mar. Feb. 30 Mar. Mar. Mar. Jan. Jan. 98 2)4 Mar. Mar. 3534 Jan. 11 22% Mar. 14 105 96 89 48 4 89 7534 Mar. 2 Feb. Feb. 9134 Mar. 16 7234 6834 76% 6234 Mar. 30 Mar. 11 18 10634 Jan. al0034Feb. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. 85 58 8534 Mar. 10 11 91 68 86 Mar. 14 Jan. Jan. 15 49 40 7134 Jan. 74 90 Mar. Mar. 20 ..... 14 60% Mar. 24 92% Mar. 9 55 9034 Mar. 9034 Mar. 32 1931 7% notes (with warr)....1931 Ernesto Breda Co 1st M 7s.'54 Jan. 5 8234 Feb. 13 85 90 35% Deb Deferred delivery. Mar. 11 48 Jan. 90 10234 12,000 Elkhorn Coal 1st At ref 6 34s a 50 Mar. 24 91 96 1995 With stock purch warrants.. 51,000 23,000 Federal Lt Ac Tr 1st s f 5s 1942 First 1 s f 5s stamped.. 4,000 1942 M S 1st lien s f 6s stamped........1942 M 8 4,000 8,000 30-year deb 6s series B ...1954 8 10034 Mar. 24 60 19% Mar. 103)4 Mar. 9234 Mar. 10034 Sale 101% Sale 10034 Mar. 9834 Sale 9934 Sale 98)1 Mar. 97)4 10634 100% 10034 99)4 Mar. Sale 9734 Sale 100 9734 Mar. 90)4 Sale 90% Mar. 81* Sale 5234 23 26 14 47 97) 92) Sale Sale Sale Sale Sale 33 Jan. Jan. 20 95 9234 3 83 Feb. 76 9 9334 4 1939 6)4s..l950 M 8 1st sinking fund 634s.........1953 A O Cash sale, 8834 8534 9034 9134 Feb. 45% Feb. Mar. Mar. 30 Mar. 11 105% Mar. 12 "5 134 Mar. 101% 9934 Mar Mar. 10434 10434 ~ " 5 a99% Sale 10434 10434 64 Ed El 111 N Y 1st cons g 5s Elec Pow Corp (Germany) r 1| 97 29 20 Mar. 29 8 3 Second stamped 142,000 Detroit Edison Co 1st coll tr 5s..1933 Gen At ref 5s series A..........1949 200,000 Gen At ref 5s series B 33,000 ...1955 Gen Ac ref 5s ser C 42,000 1962 Gen Ac ref 4)4s series D........1961 198,000 431,000 Dodge Bros 1 f deb 6s .......1946 21,000 Dold (Jacob) Pack 1st 6s 19*2 43,000 Donner Steel 1st ref 20-year 7s..1942 240,000 Duke-Price Pow (Ltd) 1st 6s A..1966 430,000 Duquesne Light 1st mtge g 4 34s A1967 3,000 Eastern Cuba Sugar s f 7)4s 1937 Stamped as to s f guar. 62.000 6 Sale 104 54 Feb. Mar. 21 Mar, 4 85 84 95 92 95 91 92 Mar; Mar. Mar. Mar. — 125,000 dumb T At T 1st Ac gen 5s 1937 5,000 Cuyamel Fruit 1st s f 6s A—....1940 4434 Jan. Mar. 5 Jan. Mar. 14 2 234 77 97 97 Sale 99 93 Mar. Jan. 8534 9634 8834 Sale 8634 Mar. 05 Mar. 10534 105 9234 20% 10434 92% 9734 9534 34% 1734 102)4 Mar. 24 40 63 60 Mar. Mar. Mar. Mar. Mar. 1951 1951 534 Feb. 74 59)4 Sale 8754 Mar. 65 15 28 45% Mar. 6034 Mar. 9234 Mar. 88 7 10 Mar. 24 1943 1940 Mar. Mar. 31 Chill Copper deb g 5s........ 1947 Cin Gas & Elec 1st mtge g 4s A..1968 Mar. 11 Mar. 11 Mar. Jan. 14 10034 Mar. 24 Mar. 6134 Jan. 64 Jan. Jan. 4 212,000 120.000 53% Sale 71 23 8 10034 Mar. Mar. 31 76% Mar. Mar. 2 97 Mar. Mar. 24 4234 Mar. Mar. 3 634 Mar. 5434 Mar. 31 10134 Mar. 23 . Mar. 9 99)4 Mar. 65 88 35 80 Mar. 31 Mar. 9134 Sale Mar. 28 1 Mar. 11 Mar. 7 Mar. 10034 9934 Mar. 21 Mar. 11 Mar. 9 50 5,000 137,000 14 Mar. Mar. Mar. Mar. "5)4 Sale 100 8134 Mar. Sale 35% 100 Sale 90 99 77 63 73% 33% 86)4 100% J Mar. Mar. Mar. 9934 Mar. g 4s.. Jan. 4 79 Mar. 18 27 10434 Mar. 16 Jan. 14 Feb. 8 147 Feb. 8 Mar. 28 1 42% Mar. con 58 10 9534 Mar. 9934 Sale Ed El III Bkn 1st 8 18 91% Mar. 10 30 111 4134 4334 2134 Sale 5834 Sale 8934 Sale 4~1~,666 Jan. Jan. 99% f 7s Jan. Mar. 24 6654 Mar. rl05 Jan. Mar. 18 Mar. 28 4834 45% ..... 16 100 "65"" 60 60 69 6 30 34 6 1937 J 14 11 Mar. Mar. Feb. Jan. Feb. 70 Jan. 4)4 Jan. 107 79 97% s 1 6534 97% 80)4 55% Mar. 22 Jan. K* 50 10434 Mar. 16 47 Dery (D G) Corp 1st 30 Mar. 1 108 Mar. 1927 1,000 Delaware Pr At Lt 1st M 434s 4,000; 1st mtge gold 4%s 42,000 Denver Gas Ac El 1st At ref 5s 50,000 Stamped as to Pa tax Jan. 20 Mar. 24 32,000 ..... 21 Mar. 11 7434 Mar. IO134 Mar. 92 76 58 Sale 100% 101% Sale Chicago City Ac Conn Ry 5s.Jan 1927 Stamped guar 4)4* 18 Jan. 98 Mar. Feb. 91% Mar. 10 Sale 61 83 55 Sale 78 70 100 Sale 15,000 Central Steel 1st sink fund 8s...1941 100,000 Certain-teed Prod s f g 5)48 A 1948 7,000 Cespedes Sugar 1st gold 7 34s 1939 751,000 Ches Corp conv col tr g 5s May 15 1947 Conn Ry Ac Lt 1st g 4)4* Jan. 97 147 96 Sale 72% 55,000 377,000 3534 Jan. 10 8 9 15 93 35 3 Mar. 18 Feb. Jan. 24% Jan. 8654 Feb. 1 Mar. Mar. 654 Mar. Mar. 17 42 37 108 Sale "75" Jan 1957 192,000,Columbia Gas 8c Elec deb 5s Mar. 10 10334 Mar. 9 80 Mar. 3 ar. r34% Mar. 31 9534 Mar. 19 Mar. Mar. Mar. Mar. 65% Mar. 9934 Mar. 87 M 9 104 3834 Mar. 3234 Mar. 9134 Mar. 95 22 10 35 Sale 30 Mar. 26 Jan. 90 Mar. Sale Central Dlst Tel 1st 30-year 5s.-.1943 Central Foundry 1st s f 6a May 1931 Clearfield Bit Coal 1st 4s 82% Mar. 9 10334 Mar. Sale Chicago Rys 1st 5s stamped Aug 1 1929 lnt 1#% paid 178,000 Chiids Co deb 5s 93% Mar. 18 4 10134 Jan. 20 17 Jan. 29 Mar. 30 Mar. 10 30 % Mar. 2934 Mar. 70 5s Mar. 14 13 Mar. 14 Mar. 17 100% Mar. 7534 Mar. 1938 Camaguey Sugar sink fund 7s ..1942 Canada Steamship Lines 1st 6s..1941 Chic Gas L & C 1st gu g 5 90 100 8 Jan. 44 Mar. 10 Sale Sale f g 534s Cent Hud G A E 1st 5s 7334 Mar. Jan. 10134 Mar. 11 3 95% Feb. 93% Mar. 18 Sale Sale 76 s 42 101 Sale 1939 Conv deb Mar. 9034 Mar. 9934 Mar. Sale Sale 76 f g 5s 1 2 Mar. 31 ; 1 Mar. 30 79 69 1 10134 Mar. 11 Sale Sale Sale 8 Feb. 70 Mar. 31 Mar. 30 Mar. 8 }932 Cat Gas Ac El Corp unlf 8c ref 5s..1937 Calif Packing conv deb 5s...... 1940 8 79 69 63 43 1952 deb 1 140 1950 ....... conv 38 Sale" 80 Consol 5s 1955 Bush Term Bldgs 5s gu tax ex 1960 By-Product Coke 1st 5 34s ser A..1945 Calif Pet Mar. 1234 Mar. 80 15 Sale 15 Sale 58 1981 F Bush'Terminal Co lst4s 30 13 7534 Mar. 17 a78 101)4 103 106)4 109 ...1936 Convertible debentures 5 s Buffalo Ac Susq Iron gen s f 5s.. Buffalo Gen Elec 4348 ser B Jan. 97 Sale 5654 ..1947 A Feb. 7 Sale Prices. 85 Brooklyn Un El 1st g 4-5s 1950 Brooklyn Union Gas Co 1st g 5s.1945 ser 22 100% Sale 100% Sale 53 .1941 Brooklyn Rap Tr 1st refcon g 4s 2002 1st lien & ref 6s 2 9934 Mar. 3 ...1968 ....... Mar. Mar. ""2)4 "4~~ 6554 100% 82)4 Highest. Prices. Mar. 10034 Sale Sale Bklyn Queens Co Ac Sub gtd 5s—1941 1st 5s stamped 7534 Mar. 17 7334 Mar. 2 63 55 Sale 94 Sale 30 34 Sale 25 Broadway Ac 7th Aye 1st con 5s_.1943 "i",66o Certificates of deposit. 12,000 Brooklyn City RR 1st 5s —1941 203,000 Brooklyn Edison Inc gen 5s A 1949 53,000 Sale Sale Bowman-Biltmore Hotels 1st 7s..1934 1,651.000 Bklyn-M Mar. 28 Sale Sale L01 1960 Beneficial Indus Loan deb 6s 80 73% 99% 101 Batavian Pete gtd deb 9 Sals 1234 Mar. 30 2534 Mar. 29 10 41% Sale 1959 Sale Prices. 16 95 f 5s_. 1940 First 5c ref 5s series C 30 Highest. Sale Prices. Ask. 55% Sale a 100% Sale ..1937 s Lowest. Lowest. 10 5 ..1947 Atlantic Refining deb 5s 26% Sale 12% 73,000 Armstrong Cork cony deb 5s.. 1940 37,000 Associated Oil 6% gold notes... 1935 Atlanta Gas Light 1st 5s Ask 25 2534 Armour Ac Go. 1st real estate 4H* 1939 Armour Ac Co of Del 1st 6%s 1943 Atl Gulf Ac W I SS Line coll tr 5s March 31. Bid. war *45 Antilla Sug (Gorap Azuc) 1st 7%s '39 Ark Ac Merap Bdge At Term 1st 5s_1964 38",666 RANGE SINCE JAN. 1. Jan. 2 Bid. 114,000 23,000 1,000 230,000 2,000 141,000 210,000 154,000 200,000 63,000 412,000 37 EXCHANGE-BONDS N. Y. STOCK 8 Mar. 11 Jan. 25 Mar. Mar. 9 9 2134 Mar. ^2 50 Feb. 29 76. Mar. 76% Mar. 9 9 4 82 Mar. 9 24 66 Mar. 3 N. Y. STOCK 28 EXCHANGE-BONDS BONDS March. K. Value. Y. Jan. 2 Ask. Bid. $ lW' 36,000 Federated Metals conv 7s 1946 276,000 Flat deb s f 7s ...1941 67,000 Flak Rubber 1st s f 8s— 52,000 Framerlc Ind Ac Dev 20-yr 7M*.^1942 1943 15,000 Francisco Sugar 20-year f Us ........I'M 14,000 Gannett Co deb 6s Gas 8c Elec( Bergen Co) 5s 1949 J 75 Salo 75 Sale 75 Mar. 88% 80% Sale 20% Sale 79 Mar. 28 Sale Sale 20 Mar. 29 75 81 26 83 Mar. 28 84% Mar. 15 Mar. 71 Mar. Sale 23 M S 22 89% 91 M 15% 30 A 76 77 Sale 16 71 F 74 99.666 1934 1952 General Baking deb s f 5U«----.1940 General Cable 1st 8 1 g 5U« A 1947 General Elec deb g 3Us ...1942 General Elec (Germany) 7a 1945 Deb 6%u without warrs attached.. S f deb g es._. 1948 Gen Motors Acceptance deb g 6s .1937 86 P "33" S Gelsenktrclien Mining 6s Sale 79 A Gen Amer Investors 5s O 89% 40% J F A 90% Sale 98% Sale J 3614 D Sale M N F 97 % 96 % A 15 1946 General Public Service deb 5^8-1939 Genl Steel Castings 1st 5 Us 1949 Gen Theatres Equip deb 6s...—1940 A 341.000 Good Hope Iron 8c Stoel sec 7e.. 1945 1947 67,000 Goodrich ( B F) Co 1st 6%« Sale s f 5k..Aug 152,000,Gotham Silk Hosiery deb 6s 14,000, Gould Coupler 1st 15-yr s f 6s— 47,OOOjGt Cons El Pow (Japan) 7s 97,000j 1st 8c gens f g6U« — 94,000 Gulf States Steel deb 5U« 3,000'Hackensack Water 1st 4s.. 66,OOOiHansa S S Line* 6s with warr— 85,000 Harpen Mining 6s with warr — 21,000 Havana Elec Ry cons g 5s. Deb 5Us series of 1926 3,000 16,000 Hoe (R) fit Co 1st 6Ha A.. 4,000 Holland Amer L 6s (flat) 119,000,Houston Oil sink fund 5U« 118,000 Hudson Coal 1st a f 5s series 4,000 Hudson County Gas 1st 5s 210,000 Humble Oil fit Ref 5U«— Deb gold 5s temp... 106,000 ... 3% Sale 7,000 Intern Paper conv s Deb 58 ser 75% Sale 1950 J 56% Sale 1942 J 34 Sale 1952 J 85 1933 A 1949 J 18 1952 F 1951 M S 20 1934 A O 1947 M N 16 6% 1940 M N 65% 70% A'62 J D 39 46 % 1949 MN 100 J 99% Sale 1937 A O 99 A Sale 100% Sale 96 % Sale 24 Sale M N 17 M N 95 100 A O 75 Sale F A A O 73% 9% 21% 75 12 Sale 32 Sale 25 20 25 2P 6% 9% 97 Sale 98% Sale 99% Sale 96 95% 23% Sale 12 Sale Sale 26% 3 2 50% Feb. 5 34 Jan. 5 49 Feb. 2 74% Jan. 52 1 20 Mar, 30 Mar, 16 80 3 61% Feb. 18 7% Jan. 15 27% Mar. 30 40 Jan. 8 Jan. 4 75 Feb. 29 36% Jan. 28 Mar. Mar. 1 Mar. 7 11 31 24 2 3 17 82x4 Mar. 2 IP Mar. Mar. 58% Mar. Mar. 60 33 Mar. 30 38 Mar. 85 Mar. 12 85 Mar. 12 14 Mar. 30 21 Mar. 22 Mar. 29 22% Mar. 22 31 100 rW* 23 Mar. 18 7 Mar. 30 18 3 Mar. Mar. 22 IW Mar. 29 37 8 100 Mar. 4 Mar. Mar. 12 Mar. 17 8 Mar. 17 Mar. Mar. 11 99% Mar. 1 Mar. 2 20% Mar. 4 10 Mar. 19 102% 99% 27% rl3% Jan. Feb. Mar. Mar. Jan. 22 20 17 4 r43% Mar. a26% Jan. Feb. 22% Mar. 22 25 4 69 60 Jan. 38 78% Feb. 85 25 14 Mar. 30 27 1 Feb. 1 Mar. 30 17% Mar. 3 53 Mar. 22 28 Jan. 21 10 Feb. 19% Mar. 17 70% Jan. 8 Mar. 29 21 19 28 23 14 8 Jan. 98 Mar. Mar. Mar. Mar. 12 25 5 31 99% Jan. 94 Jan. 44 Jan. 14 100% Jan. 15 100% Feb. 29 28 99% Jan. 7 104 96% Jan. 29 102% Mar. 21 93% Jan. 29 99% Mar. 19 Jan. 15 20% Mar. 4 30 Mar. 19 Feb. 10 18 Jan. 11 96 Jan. 12 79% Mar. 2 77 Mar. 3 9% Mar. 14 % Mar. 2 84 Mar. 11 74 Jan. 7 84 Mar. 11 92 79% 82 Mar. 11 6 73% Jan. 9% Mar. 14 2 % Mar. 82 Mar. 11 12 Sale Sale 59 Mar. 5 40 4 59 Mar. 5 40 Jan. Jan. 2 59 27% Jan. 5 44% Mar. 10 52 Mar. 2 9% Mar. 14 % Mar. 2 Sale Sale 52 Mar. 2 59 32 Sale Sale 35 Mar. 2 44% Mar. 10 60% 57% 72 Sale Sale 71 Mar. 17 79 Mar. 5 Sale 44 Mar. 31 55% Mar. 3 63% 50 32 Sale Sale 32 Mar. 28 57 44 66 Mar. Mar. 28 53 Mar. 11 15% Mar. 28 53 Mar. Sale Sale 40 49 Sale Sale 52 Sale Sale 16 Sale 48% Sale Mar. 28 Sale 48% Mar. 51% Mar. 3 2 4 Sale 52 Sale M S Sale 30 Sale Sale 29 Mar. J J Sale 43% Sale Sale 30 Mar. 30 8 3 Mar. 12 Mar. 11 Mar. Mar. Mar. Mar. 23 J Sale 53 Sale Sale 31 A Sale 47 Sale Sale 30 Mar. 29 36% 46% 55% 52% D Sale 55 70 65 1948 A O 77 55 60 59 55 Mar. 28 58 A O 65 55 65 Feb. 60 2 38 Feb. 25 15% Mar. 28 45 56 79 Mar. 28 2 Jan. Feb. 10 27 Feb. 10 30 Mar. 30 31 Mar. 29 30 60 Mar. 29 55 Mar. 28 Feb. Jan. Feb. Mar. Jan. Jan. Mar. 45 Mar. Mar. 38 5 5 Mar. 5 Jan. 19 r!01%Feb. 56% Mar. 29 16 57% Mar. 52% Mar. 91% Mar. 14 % Mar. 2 5 Jan. Mar. 31 9 32 34% Mar. 56% Mar. 29 Sale 50% 10 101% Feb. 100 O 8 2 50% Feb. 43% Mar. 18 3 36 ~45~" 6 23 4 46% Mar. 7 82% Mar. 11 80% Mar. 31 25% Feb. 5 20 Feb. 70 Jan. 91 Sale 18 80% Sale 78% Sale 12 9% 55% Jan. 72% Jan. Mar. 31 Mar. 2 100% Mar. 16 100% Mar. Mar. 12 99 96% Mar. 2 95 11 3% Mar. 30 16 Mar. 21 ,8* 11* Jan. 96 2 43 Mar. 10 28% Jan. 2 102% Mar. 5 97% Jan. 95% Feb. 18 100% Mar. 21 Mar. 10 91 52% 1 Mar. 75 Sale Jan. 9 6 70% Jan. 21 54 Jan. 14 62% Feb. 17 64 Jan. 15 54% Jan. 15 56 Mar. 12 38% Jan. 15 51 Feb. 17 59 Jan. 14 54% Feb. 17 60 Jan. 2 60 Jan. 13 65 1947 J J Mar. 29 93% 95 90% Sale Mar. 94% 80% 92% Sale Sale Mar. 95% Mar. 15 96% Mar. 28 il* 78% Sale Sale Mar. 86 Sale 26 Sale Mar. 23% Mar. 1 43 53 Sale 20 Sale 91% 90% 74% 18% Mar. 43 57 Sale Sale Mar. Mar. Mar. 1 Sale 53 65 5 49 68 70 70 Mar. 68 Mar. 24 68 50 70 70% 120% 140" 63 120% 135" 72% 68% 95 106% 108 56 61 91% 92 42% Sale 92 73 68 93% 93% 74% Sale 70 84 Mar. J 1954 C.....1954 12* J 88 89 1933 ...1933 3 93% 62 Sale 67% 69 39% 39% 40% 97 Sale 55% 64% 88 64% 9 62 93 Jan. Jan. Jan. Feb. 4 13 68 Jan. 9% Mar. 84 Mar. 31 89 Mar. 8 84 Mar. 31 89 Jan. 88 Mar. 93 Mar. 9 80 Jan. 3 Mar ."5 166% Mar."5 96% Jan. 39% Jan. 35 43 41 39% 115% Mar."26 119 98% Mar. 2 102 85 Mar. 16 90% 68% 63% Mar. Mar. 16 Mar. 15 Mar. 10 Mar. 31 57 4 13 4 8 90 90 93 2 14 14 Jan. 5 Jan. 26 Mar. 9 5 9 2 39% Feb. 5 43 Jan. 6! 41 Jan. 6 9 119 Feb. 23 4 102 Mar. 15 171 Jan. Jan. Jan. 98 78 25 100% Mar. Jan. 29, 44 Feb. 115% Feb. 96% Jan. 75% Jan. 11 27 14% Mar. 16 Mar. 28 14% Mar. 16 Jan. 56 2 Jan. 69 2 Mar. 26 91% Jan. 59% Jan. 2 Feb. 93 9% Mar. Mar. 10 98% Mar. 30 92% Jan. Feb. Jan. 75% Jan. 4 6 80 68% Mar. 28 96 12 109 Mar. 29 3 Mar. 42% 115% 117 99% 101% Sale Sale 85% Sale Sale 68% Sale 106 72% Mar. 10 72% Mar. 12 166% 100% 120 Sale 78 Jan. 95 40 50 70 88 Mar. 28 99% 119 5 24' Jan. 13 98% Mar. 18 102 120% Mar. 23 123% Mar. 29 Mar. 11 55 50 116 Mar. 69 88 89 43 1944 A 100% 103 Sale F A 1941 58,000 McCrory Stores deb gold 5U* MctCesson & Bobbins deb 5Us 1950 434,000 1942 3,000 Manari Sugar 1st s f 7Uk Stamped Oct 1931 coupon on..1942 6.000 273,000 Manhattan Ry (N Y) con g 4s....1990 J D 75 M N 60 Sale A O 10 19 84 MN 96% Sale 36 Sale O 3 O 30 2013 D 1953 8 !.1943 7,000 Mfr tr ctfs, Namm A Son 6s 1947 10,000 Marion Steam Shovel s f g 6s Apr 1940 82,000 Market Street Ry 1st 7s 35,000 Mead Corp 6s with warrants.....1945 1957 67,000 Meridional EI 1st 7s... 7,000 Metropolitan Edison IstAref SsC.1953 1st g 4 Us series D 1968 72,000 Met Water, Sewer A Drain 5U®..1950 74,000 1,000 Met West Side Elev (Chicago) 4s. 1938 1956 2,000 Miag Mill Mach 1st s f g 7s. 1936 198,000 Mldvale St AOrd conv s f 5s 156,000 MilwEl Ry ALt 1st A ref 5s ser B 1961 1st mtge gold 5s 1971 76,000 215,000 Montana Power 1st A ref 5s A.—1943 Deb gold 5s series A 1962 17,000 D Deferred delivery. Sale 55 F 2d 4s 84 90 44 5s.. 1951 117,000 1952 251,000 Louisv Gas A El 1st A ref 5s 17.000 Lower Austrian Hydro-Elec 6 Us. 1944 Manila EI Ry A Lt 1st 5s 84 Sale 41 54 65 5 4 5 90% Mar. 10 70% Feb. 11 J warrants Lorillard (P) Co 7s 9% 89% 99% 99% ..... 8 93% Mar. 31 84 90 100% 20 16 45 a47% Mar. 15 8 Feb. 91% Mar. ID a85 57 Mar. 3! 10% Mar. 28 95% 1934 F ...1944 P 1st A refunding 5s.... 1954 F F 1st A refunding 5s 1964 First A ref sinking fund 5s 1974 F A 1944 47,000 Liggett 8c Myers Tobacco 7s 5s 1951 F 123,000 Loew's Inc deb s f g 6s 1941 A 176,000 1952 A 56,000 Lombard Elec 7s without warr First fit ref sinking fund 5s 1st fic ref s f g 5s 7 Feb. Mar. Mar. 16 63 Mar. 26, Jan. 25% Jan, 71 24 Mar. Mar. 95% Mar. 15 96% Mar. 28 13; 86 109 Sale 89 "87% 16 28 87% 89% 88 90 10; 2 56 Sale 10% Sale Sale J J Lehigh Valley Coal 1st 5s 13% Mar. 98% Mar. 30 Jan. 115 Sale 94% Sale 71% Sale 81% 76 Mar. 98% 105% 108 46% 84% 53% Mar. 122% 100 Mar. 24 101% Mar. 24 123% Mar. 19 Mar. 101 100 % 62 93% 1954 ... 4% *8 Feb. 61 30 Mar. 30 30 Mar. 11 95% Mar. 4 56% Feb. 29 Jan. 46 MN ...1955 F Cons sink fund 4Us ser Sale Jan. 82 4 39 32 62% warrants........ a Sale "§ 43 3 93 1 65 Sale 1944 1947 ... 612,000 12,000 Lehigh Coal fir Nav 4 U* Cash sale, 16 17% "15% "28"' 15% Sale 60 61% Sale Sale 31 38 36% 99 99% 100% Sale Sale 100% Sale 100% Sale 5s series A.-.1947 Without warrants r 33% Sale 87% 85% Sale 74% Mar. 23 Feb. 89% Jan. 35% Jan. 5 1 102% Mar. 2 100% Mar. 21 Mar. 1 78 Mar. 4 75 4 3 Mar. 29 Mar. 9 7 Mar. Mar. 23 20 32% Mar. 23 1 43% Mar. 2 70% Mar. 31 %» 1948 M N A O Lautaro Nitrate Co 6s With Sale 1932 J M 8 10,000 Lackaw Steel 1st cons 5s ser A.. 1950 A O 135,000 Laclede Gas L ref fit ext 1st 5s.-.1934 Coll fic ref 5 U> series C 1953 F A 95,000 F A Col & ref g 5Us ser D 1960 25,000 134", 005 90% , 42 O 43 30 Sale D 31 2 18 93 23% Mar. 2 53% Mar. 29 43% Mar. 18 54% F 29 50 49 Jan. 2 Feb. 91% Jan. Feb. 26 69 Mar. 11 28 9 95% Mar. 56% Mar. 78 44 A 82 Sale 24 J Mar. 28 26 15 74% Mar. 23 78 Sale f 6s 1st 40-yr gu Int red to Sale 75 44% Sale 70% Sale J 10",665 a3% a28% Sale Sale J 7,000 KansasCy Pw fit Lt 1st g 4 Us ser B1957 1st M 4 Us. 1961 F A 141,000 Kansas Gas 8c EI 1st mtge 4U>—1980 J D 152,000 Karstadt (R) Inc 1st Mtge 6s 1943 M N 143,000 M S 1946 33,000 Keith Corp (B F) 1st ser g 6s M S 55,000 Kendall Co 5%b with warrants._1948 J Keystone Telephone 1st 5s 1935 J 1,000 1937 18,000 Kings Co E L fit Pow gold 5s Purchase money 6s 1997 7,000 42,000; Kings Co Elevated 1st g 4s.._. .1949 1954 2,000, Kings Co Lighting 1st ref 5s 1st A ref 6 Us ...1954 4,000 1936 12,000 Kinney (G R) Co conv 7Us 1936 47,000 Kresge Foundation coll tr 6s 1959 2,779,000, Kreuger fic Toll 5s with war 40,606 Sale Sale Sale B with warrants Without Sale Sale 1941 A J _ Sale 52 62 Sale 3 Sale 1V* 50 ......1955 Internat T fic T deb g 4U« 1952 Convertible debenture 4%k 1939 . 101% 99% 100% Sale 76% 44 1944 F Refunding 6s series A Deb gold 5s Investors Equity 5s A Sale 75 Convertible debentures 5s....1941 J Int Merc Marine 1st 34 Sale 40 101% J 1940 F 686,000,Internet Hydro El deb 6s International Match deb 5s 2,071,000 2,462,000 141,000 98,000 148,000 448,000 723,000 765,000 40 Sale 38 42% Mar. a38% Mar. 32% Mar. 101% Mar. 98% Mar. 75% Mar. 52 Mar. 1 Mar. Sale deb 5s conv 35 45 D Certificates of deposit 2,000 1966 J 633,000 Interboro R T 1st fic ref 5s J Stamped.. 1,973,000 10-year 6% notes 1932 A O 1,163,000 10-year 7% notes 1932 M S 634,000 ...1951 M N 69,000 Interlake Iron 1st 5s ser B Int Agri Corp 1st fit coll tr 5s....1932 M N M N Stamped extended to 1942 ~6~, 600 Int Cement Sale 31% Sale 1957 M N D 1936 J 296,000 Illinois Bell Telep 1st 8c ref 5s A.1956 209,000 Illinois Steel deben 4%» 1940 186,000,Ilseder Steel Corp Mtge 6s—...1948 17,000 Indiana Limestone 1st s 1 6s....1941 Ind Nat Gas fic Oil ref 5s 1936 1978 104,000 Inland Steel 1st M s f g 4Us A 1st m s f 4U« ser B 1981 63,000 1956 4,000 Inter-Metrop coll tr 4 Us 184,000 49 60% 1945 J t81,000 Goodyear Tire deb 6s Convertible A Rubber 1st 5s 41,000 47 w* 42 78 J 94 98 Sale 97 98 O Gen Petroleum 1st 35% Sale" r37~~ 79 75% Sale IV* 95 95% 95 94 57 45% 50 55% Sale 20 81% Feb. 5 Jan. 82% Feb. 20 Mar. 23 1 2 Feb. 27 77% Jan. 1 32% Mar. 23 75% Mar. 31 94 Mar. 26 45 Mar. 22 93 Mar. 29 If; 74% ... 37,000 45,000 68,000 19,000 228,000 175,000 255,000 611,000 194,000 51,000 63,000 321,000 Sale 83 Sale ip J 1 75 Mar. 1 Mar. 17 Mar. 7 89 Highest. Sale Prices. 80 Jan. 4 Sale Prices Sali' Prices. Sale Prices. Ask. Bid. 76% J M Ask 80 D J Bid. Lowest. Highest. Lowest. March 31. March 1. 1932. EXCHANGE. STOCK RANGE SINCE JAN. 1. MARCH. PRICES IN Price Sales in 50 80 80% 9 Sale 35% 97% 84 30 O Sale M N 85 42 O 60 88 J A 50 101 84 33% 85 Sale 45 16 25 90 Sale 91% 94 89% 91% 93% Sale 70 80 104% Sale 88% Sale 96 Sale 40 Sale 105% Sale 90 47 3 6 83% 33 Sale Sale 79% Sale 90 94 82 % Sale 46% Sale 38% 48% 18% 25 93% Sale 88 Sale 88% 89 90% Sale 78 Sale 47 46 82 Sale 6% 3 47 3 5 Mar. 9 Mar. 8 Mar. 31 101% Jan. 81% Jan. Mar. 10 4 108 26 92% Mar. 22 10 99% Mar. 15 91 Feb. Mar. 19 34 Jan. 2 46 Mar. 19 Mar. 16 76% Feb. 10 91 Mar. 31 Mar. 9 Feb. 15 60 Jan. Jan. 10 Jan. 59% Mar. 12 4 Mar. 9 6 Mar. 4 43% Mar. 7 47 3 2 37 30 Sale 71 97 Sale 79 Mar. 3 81 Mar. 78 Jan. 29 36 30 Mar. 8 83* Mar. 1 33% Mar. 91% Mar. 21 83 Jan. Feb. 11 34 Si* 37 Sale 50 Sale 95 IP Sale 45% Sale 33 28 Sale 2 Mar. 4 7 6 1 Sale 83 20" 28% Jan. 35% 20 2 9 43% Mar. Jan. 80 79 30 2 Mar. 30 Mar. 31 Mar. Sale 3 92% Mar. 22 99% Mar. 15 77 Sale 38% Sale 30 35% 50 101% 1 39 58 10 5 Sale 78% Mar. 10 ] Mar. 95% Mar. 88 42 78% 108 104% Mar. Sale 77% 4 92% 97 Jan. Feb. 13 19 91% Mar. 30 Mar. 11 1 51 Mar 44 4 83 Mar. 76 94 Mar. 93 51 13 83 Jan. 13 Mar. 10 100 1 85 Mar. 79 Feb. 5 85 Jan. 5 50 33% Jan. 2 50 Mar. Mar. 16 38 Mar. Mar. 24 7 25 Mar. 29 Mar. al9% Mar. S88 93% Mar. 1 97 Sale 88 Mar. 1 92% Mar. 89 Sale 88 Mar. 3 91 Mar. 93 Sale Mar. 1 95 Mar. 76% Sale Mar. 31 81 Mar. ?8S 83 36 l6 Mar. II*Mar. Mar. 11* Mar. 38 8 Mar. Mar. 31 Jan. 7 5 2 38% Feb. al9% Mar. 88% Jan. 87% Feb. 11 30 Jan. 97 Mar. 11 Feb. 2 95 87% Feb. a73% Jan. 4 95% Jan. 82% Feb. 38 Jan. *?■ I! 87 7 94% Jan. Jan. 14 9 19 9 N. Y. STOCK Sales in % N. Y. STOCK EXCHANGE. P Jan. 2 March 1. 1932. Ask. Bid. ' Montecatlnl Min 8c Agr s f deb g 7s tr ret* with deb stk put warr.. 1937 23,000 Without warrant* 126,000 1941 21,000 Mont Tram lat & ref A 5a 1955 General Ac refunding 5a A Morris Ac Go 1st - * - 1934 Nassau Elec guar gold 4 a 1,000 National Acme 1st mtge 6s.... 939,000 National Dairy Prod deb 5)4*.. 33,000 ....... 24,000 132,000 132,000 57,000 59,000 27,000 46,000 174,000 206,000 20,000 76,000 .1947 F A .1956 A O Newberry (J J) Co 5k» New England T Ac T 30-yt 5s A. 1st g 4)6* series B........... .1952 J D .1961 MN 100k Sale NewOrleansPS 1st Ac ref 5s A. 1st Ac ref 5s B .1952 A O Sale N Y Dock 59-year gold 4s.. Serial 5s g notes .1951 F A .1938 A O N Y Edison 1st Ac ref 6)6*.. 1st lien At ref 5s B .1941 A O .1944 A O N Y Gas El Lt Ht At Pow 5s .1948 J D .1949 F A ..... Purchase money coll tr g 4s. N Y L E Ac W Goal At RR .1955 J .1943 J .1942 J .... .1942 J 1942 A Jan Certificates of deposit.. Jan N Y Rys Corplnc 6a.. Jan 54,000 Prior lien 6s series A "6"O5O 6,000 1952 MN 1962 MN N Y State Rys 1st cons 4)6* Certificates of deposit 1947 MN 1951 M N .... — 50 40 k 31 1 34)6 Sale 98 1)6 X 5 3 3 104 102 MN 99 X J D A 69 72 98 71 O 91 MN 58 MN 24 20 M S F A M S F A 25 Sale 82 81 84 MN Sale 81 85 Sale M S 92)6 O O 95 Sale 95 102 J 54 Ohio Pub Service 1st Ac ref 7)6*.. 1946 A O 24,000 1st Ac ref 7s series B 1947 F A 16,000 Old Ben Coal 1st g 6a 1944 F A 103)6 107 296,000 121*606 ....... 1943 F A 1950 J Ontario Power N F 1st 5s Ontario Power Serr 1st 5 ^ s Ontario Transmission lat 5s. 1 g 1945 MN 1941 M 8 1942 J 1936 M J S 1937 J J Pacific G Ac E gen Ac ref 5a... Pacific Pub Serv 5% g notes Pacific Tel Ac Tel 1st 5s 1952 MN 39-year 5s series A.. deposit........ 1951 J J Is.... 1947 J D Paramount B'way 1st 58*666 Paramount Fsbllx Corp ... 5)6*.... 1950 F A 1943 A O .... 1947 M S M S Phlla Company secured gold 5s. 1967 J D Phlia Elec Co lat 4)6* 1967 MN .... ....... Pirelli Co (Italy) cony 7s 1952 MN 15,000 Pocahontas Con Coll 1st s f 5s... 1957 J J 6,000 Port Arthur Canal 5c Dock 6s.... 1953 F A 534:000 Portland Gen Elec 1st 5s.. .... 1953 F 90 Sale 100 100)6 Sale 12 13 12H "75"" 66 46 40k Mar. Mar. 58 47k 90 58k 93k Sale 9 14 Sale 88 83 102 k 89 74k 75 102 k Sale Sale 97 Sale 76 75 54 k 76 Sale Sale 34 109 k Sale Sale 101 88 74 100 40 50 nnA E 5c G 1st 5c ref J J J J J J J 8* 40k 44k Sale 109 k 95)6 84)| 106 lk 1970 F A 1971 A O 1st 5c ref gold 4s A 1940 M S 95 k 50 42 k 90 94k 91k ik lk 13 2k 105 97 Sale Sale Sale 67k 78 94 97 70 Sale 32 1 lk Sinking fund gold 5)6* f g 5s for deb 6s & com stk Sale 85 Sale 58k 64k 41k Sale 49 Sale 93k 100 87k 1948 J J ...... 75 j f 5a 1940 A O Ref 5c gen 5)6s A... 1953 Revere Cop ft Br 6s July 1948 Rbeinelbe Union s f g 7a........ 1946 Rhine-Ruhr Wat Serv 6s 1953 J 73k Mar. 54 32 k 108 99 k Mar. J J J J Direct mortgage gold 6s....... 1952 MN Cons mtge6s................. 1953 F A Cons mtge 6s with warrants... 1955 A O Cash sale, a Jan. 11 95k Mar. 10 96 88 74 ffl* 80 69k Jan. Mar. 58 43 Mar. 13 60 Jan. Jan. 8 Mar. Mar. 80k Mar. 14 Jan. Mar. 11 58 43 Jan. Feb. 106k 97 k 100k 87 k Mar. 11 Mar. 7 98 82 91k Feb. Jan. 68 j 70 51 32 Mar. 18 Mar. 9 Feb. 16 98 95 k Jan. 11 81k Jan. 27 Mar. 9 104 Jan. Mar. Mar. 97k Jan. Mar. Mar. Mar. 80k Mar. Mar. 50 Mar. Mar. 9 109k Mar. 10 103 k Mar. 10 Jan. Feb. Jan. Feb. Mar. 30 Mar. 15 105 95 50 lk Sale 95 3k 13 7k 18 k 20 Sale 85 k Sale Sale 93 k 85 Sale 95 k 97 k Sale 99 101k 103 92 60 k 102 k 107 100 k Sale 15 k 90 56 86 67 20 91k Sale 91 Sale P Sale a85 k Sale 26 a88k Sale 82 k Sale "95k Sale .01* 104 94 Sale 63 62k 102 64 Sale 67 Sale 34 Sale 99 k Sale 93 86 87 k 87 Sale 100 k 101k 102 100 k Sale 100 k Sale 101k 101k 101* 101 18 19 14 k Sale 95k 95k 101k 91 k 60k 67 34 89k k 1 Mar. Mar. 30 Mar. 31 Mar. 17 Mar. 18 23 103 k 1 102 k 7 18k Mar 5 95 Mar, 31 64 Mar, 30 95 Mar. Mar, Mar. 24 Mar. 9 Mar, 31 97 77 Sale 74 Sale 86 k Sale 105 k 106 95 k Sale Deferred delivery. 80 Mar. 94 90 89k 66 k 41 k 55 k Mar. Mar. Mar. Mar. 40 53 Mar. Mar. 50k Mar. 9 Mar. 8 99 Sale 98k Mar. 106 k 112 97 k Sale 41k Mar.,26 84 Mar/31 106 1 84 k 94 k Sale 87 k Sale 63 k Sale 97 k 48 Sale 53 k Sale Mar. Mar. Mar. Mar. 29 11 16 Mar. 7 31 61 89 80 80 Sale 39k 55 93 35 79k 79k Sale 96 38k 98k Mar. 15 92k Mar. 12 67 62 33 64k Mar. Mar. 5 Sale 73 67 Sale 66 Sale 75 75 101 74 k Sale 43 k Sale 76 81 47k 53 Sale Sale 38 k Sale 37 k Sale 38 Sale 31k Mar. 1 67 Mar. 22 98 98 93 Mar. 12 Mar. 11 Mar. 31 76 73 79 Mar. 9 Mar. 12 Mar. 11 5 Sale Sale Sale 71k Mar. 74 k 8* If* g* a39 33 Sale Sale 80 Mar. 12 101 Mar. Mar. 2 Mar. 1 Mar. 7 3 Mar. 24 Mar. 8 Mar. 14 Mar. 23 Mar. 1 90 73 43 k 80 51 70 Sale a25k Mar. 31 23 Sale 21 a39 Sale 31k Sale 30 1 66 Mar. 25 72 k Mar. 1 52k Mar. 88 94 53 Sale 31 Sale 22 k Sale 53 Sale 7 96 Mar. 17 42 k Mar. 9 Sale Mar. 28 Mar. 31 32k Mar. 28 29k Mar. 28 29k Mar. 28 75 54 n 85 61 56 33 II" 39 7 Mar. 20 Mar. 11 Mar. 11 Mar. 1 Mar. 11 37k Mar. 38 k Mar. 1 1 12 Feb. 25 Jan. 2 98 2k Jan, 7 Mar. 15 1 2k Mar. 1 5 106 25! 98 Mar. 15 Mar. 2 Mar. 24! 94k Mar. 22 94 95k Jan. 29 100k Mar. 9 70 Jan. 4 65k Jan. 97 Jan. 11 86k Feb. 58 Jan. 70k Mar. 2 35k Mar. 10 26 k Mar. 11 Mar. 12 88 Mar. 5 91 24k Jan. 17 Feb. 80 Feb. 82 Jan. 85 78 Jan. 100 91 Jan. Feo. 49 89 Mar. 12 4 99 k Mar. 12 105 k Mar. 11 97k Jan. 15 101 Jan. 15 83 50 80 Feb. Jan. Jan. Jan. Jan. 50 k Feb. 34 Mar. 11 65 106k Jan. 104k Jan. 20 Feb. 95 Mar. 64 Mar. 95 Mar. 71k Mar. 98k Feb. 99 Mar. 2 Mar, 10 94 Jan. 90 k Feb. 94 Jan. Mar. 50 J an. 94k Feb. 8 alOl Jan. Feb. 14 88 13 rl03 87 r97 96 k Feb. 100 Jan. 12k Jan. 9 102 15 23 29 11 11 11 24 14 Mar. 19 Feb. 9 Jan. 13 Jan. 9 4 alOlk Feb. 1 21 Feb. 15 _ _ 19 64 Mar. 28 82 42 Mar. 26 60k Mar. 10 37k Jan. 15 11 4 Jan. 4 Mar. 31 99k Jan. Jan. 4 4 55 26 4 81 103 Jan. 92k Feb. 2 6 90 37 45 94 80 80 80 Mar. 17 Mar. 21 Jan. 4 59 89 33 Feb. 11 Mar. 28 20k Mar. 29 56 Feb. 5 91k Feb. 24 91 Feb. 11 83 Jan. 30 4k Jan. 25 67 k Jan. 6 65 68 90 67 37 70 Feb. Jan. 9 9 Jan. 8 49k Jan. 22 25k Mar .31 29) 28) Mar. 19 Mar. 11 Jan. 5 Mar. 31 Mar. 7 92 89 80 Mar. 21 Feb. 20 Mar. 8 Mar. 21 Jan. Jan. Jan. 13 4 4 65k Jan. 22 98k Jan. 22 42k Mar. 9 39 Jan. 67 98 98 93 Mar. Mar. Mar. Mar. 4k Jan. 76 73 79 5 22 12 11 31 25 Mar. 9 Mar. 12 Mar. 11 Mar .12 104 k Feb. 16 5 85 k Feb. Jan. 5 Jan. 30 54k Mar. 8 Jan. 12 85 Feb. 10 39 20 a39 30 15 98k Mar. 15 Mar. 12 Feb. 11 92k 8 Jan. 67 6 Jan. 53 5 Jan. 62 1 101 Feb. 83 Jan. Mar. 10 Feb. 8 23k Jan. 30 99k Jan. 4 80k Feb. 19 43 k Jan. 30 89k Feb. 16 107k 9 97 k 89k Feb. 40k Jan. Mar, 21 Mar. 2 Mar. 21 2k Jan. 50 25 54k Mar. 28 72 94 21 88 80 54k Mar. 92k Mar. 96 Sale Sale 70 . 101 Mar. Mar. 8* VP Mar Jan. 103 k Jan. 94 Jan. 82 Sale 86 6 k Feb. 17 Mar. 15 2 59 84k 94 k 87 k 63 k 43 Sale k Jan. 32 k Jan. 8 92 k Mar. 29 8 Sale Sale 90k Sale Sale Sale 84 93 Sale Sale 1 60k Mar. 10 43 k 89k Mar. 7 106 k Mar^ 2 97 k 41k Sale 60 Sale 9 Mar. 29 55 Mar. 10 Mar. 28 22 Mar. 3 Mar. 31 al6k Mar. 24 Sale Sale Mar. Mar.29 80 40 M Sale 25 42 311 1101 k Mar. 16 20k Mar. 21k Sale a63 Mar. 68 75 97k 97k 93 k Mar. 95 Mar. 96 k Sale 86 Mar. 93 Sale 60 Sale 7 Mar. Sale Sale 22 67 31) 9 7 Mar. 29 Mar. 26 Mar. 11 Mar. 11 Mar. 11 72 11 63 k 42 k 41 65k Mar. 11 Mar. 28 Mar. 26 15 58k Sale 51 30 20 55 32 65 Mar. 15 80 Sale Mar. 11 Mar. 12 91 Mar. 5 94 Mar. 2 89 Mar. 10 101 Mar. 12 99 k Mar. 4 105 k Mar. 11 94 Mar. 19 IS** 88 19 80 68 k 2 35k Mar. 10 Mar. 28 85 70 63 70 Mar. 28 70k Mar. 14 88k 5 Sale Mar. 22 Mar. 9 Mar. 11 2 101k 80 ~ Mar. 15 Mar. 2 99k Mar. 101k Mar. 83k 96 1 Mar. 89 88 Mar. 15 Mar. 19 85 65k Sale 1 2k Mar. 1 olOl 80 99 8 4102 88 Sale 31k Sale 9 Mar. 100 k Mar. 89 80 93 37 k Mar. 28 98 k Mar. 13k 42 Mar. 95 101k Mar Mar Mar 64 42 38 20 11 69 Sale Sale 20 1 48 13k 12k 72 Mar. 15 27 k Mar. 29 20 Mar. 3 82 Mar. 29 85 Mar. 1 a88k Mar. 31 82 Mar. 28 104 k 100 k 18 20 15k 92 95 Sale 53 54 k Sale 90 90 95 101 Sale 44 1 2k Mar. "2k Mar.""8 105 k 104k Mar. 2 106 * 95 Mar. 24 98 95 k Sale 94 Mar. 24 94 k Sale 94k 97 k Mar. 99 k Sale 1 100k Mar. 2 70 66k 67k 68 91 97 95k Mar. 3 97 Sale 84 lk Mar. 29 42k Mar. 31 92k Mar. 29 92 J M 8 Rhine-West Elbe Power 7s...... 1950 MN r 4 40k Mar. 28 5 95k Mar. 8 Jan. 18 8 100 58 Mar. 104 98 82 Mar. 80 1937 MN Remington Arms 1st s 16s_...... 1937 MN 5)6* A with warr..... 1947 MN s Jan. Feb. 15 85 79k Mar. Mar. Mar. 89 J Rem Rand Republic Iron 5c Steel 85 93 88 Mar. 93) Radio-Keith-Orpheum part paid Ctf8 - Mar. 80 102 98 k Sale 96 k 110,000 53,000 161,000 15,000 110,000 15,000 197,000 60,000 79,000 121,000 492,000 213,000 Feb. 77 ----- ""lk "2k 75 "85k Sale" D 1st 5c ref 4)6* s 60 4 40k Mar. 18 69k 95 43 k A" 49 26 J 4)6«— 1967 J 130,000 Punta Alegre Sugar 1st cony 7s.. 1937 J Pure Oil Co s f g 5)6 % notes..... 1937 F 137,000 Purity Bakeries Corp 15 Mar. 15 81k Mar. 18 84k Mar. 9 90 90 43k k Feb. 80 41k Jan. Mar. Mar. 95k Mar. 14k Mar. Mar. 72 13,000 Public Serr 50 88k Mar. 14k Mar. 75 k Mar. 72 k 48 Sale 102k A 4)6*.. 1960 M S 1935 Porto Rlcan Am Tobac cony 6a.. 1942 48,000 Postal Teleg 5c Cable coll 5s 1953 532,000 Pressed Steel Car 10-year 5s 1933 Ann M'«n 86k 101)6 Sale 15 1st mtge 6s series B.. Portland General Electric 95 Sale 99) 12 J 139,000 1st Ac ref g 4s 1971 J D 113,000 Phlla At Read C At I ref 5s J 1973 J 51,000 Cony deb 6s w i_. 1949 M 8 369,000 Phillips Petroleum deb 5 1939 J D k* 325,000 Pillsbury Flour Mills 20-yr 6s.... 1943 A O 54,000 * 80 50 "43"" "45" J 34,000 577,000 Peoples Gas Ac Coke 1st 6s 3,000 Refunding gold 5a 50,000 Registered. ,zr-z-- 92% 47 Parmeiee Trans conv deb 6s... 1944 A O Peterson Ac Passaic G At E 5a_.... 1949 M 8 Pathe Etch deb 7s with warr... 1937 M N Park-Lexington leasehold 6)6*.. 1953 Penn Dixie Cement 1st 6s A..... 1941 M S Penn Pow At Lt 1st M 4)6* 1981 A O 183~,666 85 1963 M S 5s 5)6* 39:656 ;Paramount-Famoua-Lasky 102 Sale 100 15 J 44,000 Pan-Am Pet At T conv s f 6s 1934 MN 57,000 Pan-Am Petr (Call 1st g 6s..._. 1940 J D 26,000 Certificates of 165,000 422,000 7,000 31,000 47 58 12 67 94 k 90 90 40 ~97k Sale" "97k Sale" 1957 MN n Mar. 100 103 k Mar. 105 Mar. 95 Mar. MN 1941 A 1934 J g 6s series A 94 95k Mar. 8 97k Mar. 16 4 109k Mar. lk 104 97 sec Mar. _ Mar. Mar. 97)6 101 40 1941 A North States Power 5a A 127,000 1st ft ref 6s series B 72,000 Northwest Teleg 1st 4)6*.. 4,000 Norwegian Hydro-El Nit 5)6 a 113,000 Otis Steel 40k Mar. 28 85 26 2 68 60 Mar. Mar. 102 k 102 k 106 k 102 k Mar. 102 92 k 91k 88k 89k Mar, _____ 49,000 156,000 1st mtge 5s 1956 518,000 N Y Tel 1st Ac gem I 4)6* 1939 527,000 N Y Trap Rock 1st s f g 6s 1946 20,000 Nlag Lock At Ont Pow 1st 5s A.. 1955 11,000 Niagara Share deb 5)6*.. 1950 68,000 Nordeutscbe Lloyd (Bremen)— 1947 30-year s f 6s 273,000 No Amer Cement deb 6)4s A 1940 24,000 North American Go deb 5s 1961 209,000 North Am Edison deb 5s ser A... 1957 59,000 Deb 5)6s ser B Aug 15 1963 98,000 Deb 5s series C Nov 15 1969 149,000 Nor Ohio Trac At Lt gen At ref 6s. 1947 81,000 Oslo Gas At Elec extl Sale Sale 1962 MN 6)6* series B New York Steam 1st 6a_...... 1st mortgage 5s 11,000 50,000 35,000 7,000 12,000 32,000 Sale 108 k O 1965 Apr J 1965 J ....... con 40k Mar. Jan. Jan. 75k Jan. 1942 AO N Y Ac Rich Gas 1st 6s A...' 1st Sale 99 k J J Sale 55 k D j Sale 93 77 77 5)6*.....1942 MN Certificate* of deposit Adjustment Income 5u 3,000 90 82 .1940 A O Dock At Impt ext 5s New York Rys 1st Ac ref 4s 10,000 98 77 Mar. 50k 89k — 45 95 80 Mar. 15 81k Mar. 28 84k Mar. 9 75 40k 47k 82 k 79 .1948 J D .1960 AO 74k Mar. 82k Mar. 73 95 80 17 9k 75k Sale Sale Prices. 78 95k 90 Sale Sale Prices. 77 k 90 45 k 59 92 Highest. Sale Prices. 75 91 A Lowest. Sale Price. 70 91k 80 D .1948 F N J Pow & Light 1st 4Hs.. Newark Con Gas 5s "i",o65 .1951 J .1942 J Highest. 65 62 . 1947 MN 1941 MN Mutual Union Tel 5s Lowest.- , 63 k 62 66k 68k 91k 73 k Sale 40k 70 1966 Ask 80k 82k 81k Sale 82 k 84 Sale 83k 72 60 1939 - Bid. 68k 1955 ... March31. Sale 1955 a 15,000 Nat Radiator deb 6)6* 265,000 Nat Steel 1st coll 5s 80k 68k Ask 1955 ..... fi^s i,000|Mortgage-Bond Go 4a series 2 63,000 Murray Body 1st 6 H* 15,000 Mutual Fuel Gas lat gu 5s 356,000 Bid. 75 74 k .... Gen Ac ref 5a aerie* B Gen & ref s f 4k« aer C. Gen & ref a f 5a aer D RANGE SINCE JAN. 1. PRICES IN MARCH. Price BONDS March. Value. 29 EXCHANGE—BONDS 2 Jan. Mar .31 Jan. 4 Jan. 2 Jan. 4 61 Mar. 23 56 41 30 Mar. 10 Jan. 9 Jan. 7 Jan. 3 Jan. 8 Jan. 18 Jan. 18 6|H u N. Y. STOCK 30 Sales in March. Value. £3 BONDS n. y. stock Jan. 2 1932. March 1. 5s .1946 .1945 406",006 Royal Dutch deb 4s with warr_. 13,000 Ruhr Chemical 6s 32,000 St Joseph Lead deb 5%s— 6,000 St Joseph Ry L H A P lit 5s— 26,000 St L Rky M A Pac 5s stmpd St Paul City Ry Cable 5s 63,000 4,000 6,000 288,000 48,000 19,000 19,000 491,000 325,000 174,000 63,000 174,000 79,000 96,000 522,000 369,000 61,000 706,000 204,000 24,000 5,000 2,000 ~7~ 660 11,000 282,000 976,000 229,000 876,000 48,000 43,000 159,000 343,000 1,186,000 1,000 15,000 50,000 29,666 29,000 77,000 99,000 61,000 74,000 6,000 37,000 76,000 21,000 46,000 319,000 19,000 368,000 12,000 166,000 99,000 135,000 16,000 39,066 68.000 94,000 Public Serv 6s Schulco Co guar 6%S-----Guar sinking fund 6%s B Sharon Steel Hoop s f 5Mi Shell Pipe Line s f deb 5s Shell Union OH s f deb 5s Deb m s Pow 1st *%s deb 6s.~ Shubert Theatre A 109,000 38,000 8,000 66,000 81,000 197,000 276,000 .1955 J .1937 38% 50 26 50 J ft* 86 48 Sale 70 60 61 35 Sale 64)4 Sale 62 Sale .1948 F A 1952 UN .1947 MN 1942 1% 55% 91 O 93 Sale M 8 52 Sale 1st g 4s —1934 8c ref 5s series A..1947 15-yr 6s 1932 M N J D United Steel Wks g 6)4® ®er A...1951 U 8 Rubber 1st 79% 95 99% Sale 101 90 101% Sale 70 21 1.00)4 92 jgg* odlO 59 '45" !!* liH Sale 60 2% 101 Westchester Light gold 5a , 75 4094 Mar Mar 66 9^ Mar. o44 31 92% Mar 51% Mar 100% Mar Mar a Sale 98% Sale Jan. 21 Mar. 24 Mar. 1 8 78 Jan. 13 Feb. 17 3 59% Feb. 95% Mar. 18 Jan. 87 Jan. Mar. 12 Mar. 4 22 Jan. 6 36 Mar 28 8 Mar. 24 72% Jan. 4 68 Jan. 4 Mar. 14 91% Jan. 89% Jan. 6 90 98 4 94% Mar. 18 93 90 98 Mar. 2S Mar. 22 43 97 Mar. 8 92 Mar. m 91* 93 Jan. 98% Jan. 80 Jan. 97% Jan. 96% Jan. 85 Feb. 99% Jan. 87 21 Jan. Feb. 2 :p 42 12 Jan. 19 41% Jan. 4 ,28 Mar. Mar. 14 29 101% Mar. 26 8 93% Feb. 27 Feb. 5 28 rl02 Mar. 11 4 26 1% Mar. 19 % Mar. 22 Jan. 9 100 Jau. 9 97 Mar. 8 101% Jan. 15 8 6) 4 102 83 Mar. 11 84 Jan. Mar. 31 3 92 2 16 Jan. Jan. Jan. Jan. Jan. Mar. 23 % Feb. Jan. Mar. 21 Feb. 28 8 50 9 8 Mar. 24 Mar. 9 60 5 8 101% Feb. 15 Jan. 13 4 89 28 101% Mar. 22 93% 71% 42% 29% Mar. Mar. 10 5 50% Mar. Mar. 9 Mar. Mar. 16 Mar. 19 2 56% Mar. 12 3394 Mar. 2 8 15 13 58% Mar. 3 95% Mar. 18 5394 Mar. 98% Mar. 45 5 Jan. 14 Mar. 9 Mar. 10 5 9 4 50% Mar. 5 39% Mar. 7 91 Mar. 11 Mar. 13 Jan. 20 Mar. 31 93 53% Mar. 18 2 94% Jan. 68 98% Feb. 2 62 Jan. 16 99% 26 Mar. 30 Jan. 15 65 Mar. 24 10 53% Sale 91 99)4 49% 99% 100% 47% Mar. 99% Mar. 99 Feb. 17 26 21 26 20 Mar. 24 Mar. 24 19 Feb. 54% 58 65 Sale 58 Mar. 65 Mar. 24 50% Feb. 10 68 10 30 10 Feb. 2 23 15 3 10 46 Mar. 51 40 Jan. 6 51 41 Mar. Mar. 47 Mar. 23 Mar. 31 40% Feb. 10 51 Feb. 10 Mar. 23 Jan. 16 r65 Mar. 24 Feb. 1 71 Jan. 99% Jan. 4 246 44 Sale Sale 53 45% "47" 59 63% Sale 100 )4 Sale 100% Sale 100% 101% 100% Sale Sale 99% 99)4 100 45 99 47 Sale 48 48 100 94% Sale 73% 80 "97)4 Sale 95 59 100% Mar. 14 101% Mar. 18 100% Mar. 99% Mar. 9994 Mar. 101 Mar. 14 Mar. 2 48 Feb. 24 Jan. 6 101 Feb. 4 Jan. 8 77 80 Mar. 17 69 Jan. 30 80 99% Mar. 24 88 Jan. 26 99% Mar. 24 Mar. 98 91 Sale 96% Mar. Sale Sale Mar. 93 34 Sale 34 Mar. 37% Mar. Sale 34 Mar. 47 82% Mar. 84 25 83% it* Sale 18 25 Sale r20 16 Sale 18 Mar. 20 20 Mar. Sale 17 Mar. 83% Sale 23 100% Feb. 26 5 101% Mar. 18 Jan. 28 9 101 95 78 Sale Jan. Feb. d92 40 87% 56 99 99 Feb. 97% Mar. 9494 Mar. 46 Mar. 75 95% 100 45 99% Mar. 15 97% Mar. 3 46 Mar. 11 45% Feb. 4 97% Mar. 3 Mar. 17 84% Feb. 11 93 Mar. 11 40 Jan. 13 59% Jan. 20 4 34 Mar. 8 Mar. 30 Mar. 9 34 Mar. 31 Mar. 31 79 Jan. 6 84 Mar. 30 18 Mar. 31 Mar. 29 32 Jan. 20 30% Jan. 15 17 Mar. 29 30% Jan. 14 92% Jan. 15 24% Mar. 23% Mar. 9 83% Mar. 90 Mar. 3 83% Mar. 31 30 35% Mar. 9 26 79 Sale 11* Mar. 9 86% Mar. 2 71% Mar. 76% Feb. Sale Sale 80 71% Mar. 80% Mar. "99" 31 104 Sale Sale 9 45 Sale 55 Mar. 98% Mar. 1794 Mar. 15 22 10 74 55 20 7 Jan. 12 $VA 75 Jan. Feb. 16 Jan. Mar. 10 Jan. 14 69% Jan. 22 Mar. 3 28% Mar. 26% Mar. 7 45 8 4 6 15 22 69) 97) 24) Jan. 49 Jan. 3 42 Mar. 8 14 Jan. «63% Mar. Mar. 4 9 Jan. 91% Jan. 97 43% Mar. 28% Mar. 26% Mar. Sale 80 Jan. 100 Sale I* 35% Mar. Jan. 97 106% 106% 105 Sale Mar. Sale 26)4 Sale 23 85 66 Sale 99 Sale 23 19% 20 17% 22% !§"" Sale 24 Sale 70 65 70 70 65 31% Sale If* 29% 2894 Sale" 102 103 99% 100 Mar. 100 5 97)4 Sale 78 72 3 7 98% Mar. 98% Mar. 97% Mar. 82% Mar. 18 J j 72 46)4 97 65 Sale 63% Mar. 60 62 Mar. 80% Mar. 57 55 Mar. Mar. Mar. Mar. 99% a98% Mar. \rA 15 3)4 10 m 18* Ctfs dep Chase Nat Bank 12 85 90 78 65 Sale 62 70 Sale Union Oil Jan. 19 Jan. 15 Jan. 8 101 Mar, 8 96 Feb. 101% Jan. 5 100% Mar. 11 86% Mar. 11 91 Feb. 78 Jan. 100% Mar. 11 86% Mar. 11 Mar. 14 Mar. 8 68% Mar. 4 68% Mar. 4 27 Mar. 12 95 72 Mar. 18 63% Mar. 16 100 Mar. 19 11% Mar. 8 Mar. 100% Mar. 21 105% Mar. 12 102% Jan. 9 95% Feb. 100 Feb. 96% Feb. 97% Feb. 102 80 Jan. 16 80% Mar. 97 Jan. 16 57 56 Mar. Mar. 75 Jan. 18 Mar. 27 2 4 14 15 21 62 Mar. Jan. 77 63% Mar. 46% Jan. 96% Jau. 8% Jan. 65 100 Jan. Jan. Jan. Mar. 19 Jan. 20 9% Feb. 9 11% Mar. 3% J an. 8 10 Jan. 8% Jan. 3% Jan. 5 5 2% 8994 90 8394 Sale 68% Sale 7 .... 6 50 Jan. 7 21 12 21 11 6 6 1% Mar. 11 Mar. Mar. Mar. Mar. 8 10% Mar. 29 103 Mar. 18 10 Jan 100% 105% 101% 101% 10 9 18 6 Sale 6 Jan. 34 20 6 5 27 45 20)4 Sale 99% Feb. 97% Jan. j 49% 14 Jan. 67 32 Mar. 11 56 Sale Jan. 66 Mar. Sale Sale 40 Mar. 28% Mar. 31 31 99% Mar. 4 103 57 J Mar. 30 Feb. 65 60 28 Sale m s 73 70 24 5 Sale D 14 3 Mar. 85 19 Mar. 28 99 Sale Feb. Jan. Mar. Mar. Sale 4 22 28 65 102 97% Jan. Mar. 66 100 Sale Mar. 18 Jan. 33% Mar. 102 105 10094 Sale 100)4 101 100% Sale 22 17 Mar. 30 Mar. Sale Mar. 16 Mar. Mar. Sale 100 96% Jan. 17% Mar. Mar. 22 34 99 22 18* 34 "55"" Feb"." 65 100% 100 Sale 98% 98% 98% j Mar. 18 17% Mar. 12 24 100 100 78 76 "56" "Mar "31 20 17 98% 100 Sale Mar. 60 29 42 97)4 7 20 15 82% 64)4 86% Sale 58% Sale 2,000 17,000 Willys-Overland 1st s f g 6s 1933 m"s 82,000 Wilson a Co Jat a f 6a 1941 A O J 283,000 Yountfstown Sheet A Tu lst5s A 1978 J 1st M 5s series B 140,000 1970 A O Feb. 35 7 56% Mar. 2 99% Mar. 30 86)4 Sale Wichwlre Spen Steel Co 7s__Jon 1935 MN Ctfs dep Chase Nat Bank 13 38 1 94% Mar. 18 Mar. 9 60 1 9 2 101% Mar. Mar. 2 86 21 1 101% Mar. 22 54% Mar. 6 A J 71% Feb. 4 54 4 F J Mar. 28 Mar. Mar. 7 99 j 47 47% 87 64 100% J 71 61 100 Mar. 82 Feb. Sale 50 12 d 8 2 13 Feb.lO Jan. 83 10 O Jan. 50% Jan. Jan. 12 Mar. 17 Feb. 16 44 102 86 41 A 40 93 81% Feb. 27 48 5 78 Mar. 26 100 101 % M 3 71 Mar. 10 j Feb. Mar. 28 99 98% Sale 42 57% Mar. 28 75 Sale 6 Jan. 47 3 22 19 9 73 1 Feb. 3 3 16 1 85 Mar. Mar. 71 19 Mar, 30 1 77% Mar. Sale Sale Sale 32 97)4 ...1940 mn Deferred delivery. 57% Mar. 28 Mar. 28 Mar. 28 Mar. 1 Mar. 31 Mar. 3 Mar. 3 91 Feb. Feb. 6 17 Feb. Jan. Jan. Sale 90 30 5 20 "39 Wickwlre-Spencer Steel 1st 7S...1935 35 47 47 97 33% "25"" 28 Without warrants.. ..... 9 86% 50. 3 65 Mar. 17 Mar. 31 a42 3 96 19 J 40 Mar 61 M n 3 1 14 O Mar. 81% Mar 6 ...1944 A 40 37 93 47 —1963 1st 5e series 3 90% Sale 88 "55" Sale 109 45% Sale 43)4 Sale 1st secured 5s series G._—...1956 80% Mar. 25 97 55% 51% 100 99)4 Sale 76)4 Sale 44 48% 45)4 34 % 35% Sale 100 West Penn Pow 1st 5s series A—1946 80 8 100 77% 103 1939 .1950 21% Feb. 27 7 Mar. Mar Sale Mar 1 101% Mar. 26 Sale Mar. 4 89 86% Mar 23 90 90% 85% Mar. 10 1 102 100% Mar 101)4 Sale Sale Mar. 11 Sale 90% Mar, 30 Sale 91)4 Mar. 4 Mar 7 21 Sale 21% Sale Mar. 3 1% Mar, 19 1 % 4% 6 II 106% 90)4 Sale 1941 5 Mar. 85 Mar. Mar. 83 48 61 Mar — 2 1 1 28 30 66 Wash Wat Pow 1st 30-yr 5s. Mar. 82 92% Jan. 40" ""Feb. "16 23% Mar. 80% Mar. 80% Mar. 40 Mar. I* 22 Jan. 5 Mar. 15 65" "Mar ."24 "78" "Mar ."'3 26 Sale 14% Feb. 26 3 Mar 101% Sale 85 84% 101% Sale 100% Sale 99 Jan. Mar. Mar, Sale 39 13 96 78 25 91 88% Sale 96% Sale 95 93% 10% Jan. 2 11% Jan. 14 26% Feb. 19 91% Mar. 26 22 85 Without warrants Stamped July 1931 coupon Warren Bros Co deb 6s Mar. 24 65 Sale Prices. 17 Feb. 19 1 Mar 36 84% Mar 73 1939 ..1941 ...1939 Mar. 15 Highest. Sale Prices. 92% Mar. 38 95 23% O 99 26)4 19 Warner-Quintan deb 6s Warner Sugar Ref 1st 7e__ Warner Sugar Corp 1st 7s 99% 99% 88% 40% Sale 4 1% 20 83)4 1st s f 6s series A 1945 Warner Bros Pictures conv deb 6sl939 m s Warner Co 1st 6s with warrants.1944 A Q a OO 72 90 Sale 26 Sale 21 A Cash sale, m 38)4 39 48)4 Sale 21 1951 Sinking fund deb 6)4® set A...1947 United Stl Wks(Burbach) s f g 7s 1951 Universal Pipe 8c Red deb 6s 1936 Unterelbe Power 8c Ltg 6s 1953 Utah Light 8c Trac 1st 8c ref 5s..1944 Utah Power 8c Light 1st 5s 1944 Utlca Elec Lt 8c Pr 1st s f g 5s 1957 Utlca G 8c El ref 8c ext 5s ...1950 Utilities Pow 8c Ltg deb g 5)4® *47 Series C r Sale 22% 24% 37 % 40 84)4 Sale 81% Sale 95% Sale A United Steamship f deb 6s 3 77% Sale J J Colorado Power 1st ft 6s '47 A 100)4 Sale Stand Oil (N J) deb ft 5s—Dec 15 1946 89 Sale D Stand Oil (N Y) deb 4)4®— 1951 23 J 30)4 Stevens Hotel 1st 6s series A 1945 2)4 Sale Sugar Estates Oriente 7s 1942 M S 3 M S Certificates of deposit.... .... d 100)4 Syracuse Llfthttnft Co 1st ft 5s.._1951 100 J Tenn Coal Iron & RR gen s..—-1951 Tenn Copper A Chem— M 8 46 50 Conv deb 6s series B.......... 1944 96 Sale Tenn Elec Power 1st & ref 6s 1947 J d 73 % Sale Texas Corp conv deb 5s 1944 a o 44)4 Sale Third Ave 1st ref 4s—=—-1960 J J 31 Sale A O Adjustment income 5s....Jan lveo 84 87 Third Ave RR l®t gold 5s.. 1937 J J mn Tobacco Prod Corp deb 6)4®--—2022 55 Sale Toho Elec Power (Ltd) 7s ser A—1955 94)4 Sale 6% ftold notes—. 1932 y~j Tokyo Electric Light (Ltd) d 45)4 Sale 1st M 6a I Series June 15 1953 Trenton Gas 8c Elec 1st 5s —-1949 M 3 Truax-Traer Coal conv 6)4® 1943 MN "25" 26~ 53 56 MN Trumbull Steel 1st • i 6s._—1940 _ 12)4 Twenty-third St Ry Imp & ref 5s.l962< J J 41 Sale Tyrol Hydro-Elec Power 7)4s 1955' — 41)4 45 Guar sec s f 7s ----1952 f a M 8 55 60 Ujlgawa Elec Power 7s 1945 99 99) Union El L 8c P 1st g 5* (Mo) 1932 M S 99). Refunding 5s... — ... ......1933 MN J 97 100)4 Union Elec L 8c P (HI) 1st 5)4s—.1954 60 Union Elev Ry Chic 1st 5s . —1945 A F 87 95 % Union Oil Cat 39-yr 6s ser A May 1942 A 91)4 97 First lien s f 5s ser C Feb 11W! 72)4 77)4 Deb 5s with warrant Apr 1945 J 90 94)4 United Biscuit (Amer) deb 6s.—1942 MN M S 91% Sale United Drug Trust receipts 5s..l953 a 48 46 United Rys St L 69 99 62% Sale O 1952 1942 9194 Mar. 26 13% Mar. 8 36% Mar. 24 92 22 J Southern Partic 40 J - 8,000 82 88 J Skelly Oil deb s f 5)4®--——J'?' M N Smith (A O) Corp 1st 6)4® 1933 Solvay Am lnv sec ft 5s A 1942 M 8 J South BellT AT 1st s 15®-1941 A Southw Bell Telep 1st 8c ref 5s—.1954 Western Electric deb 5s 25 .1937 1938 35,000 Western Union coll tr cur 5a_. Fund A real est 4)4s gold—..1950 32,000 152,000 15-year 6)4s gold 1936 5b 1951 210,000 Gold 5s ..I960 230,000 130,000 Wesrphalia Un EI Pow 6s 1953 70,000 Wheeling Steel Corp 1st 5%s—1948 1st and ref 4)4s series B .,1953 170,000 72,000 Write Eagle Oil 5)4s 1937 with war. White Sewing Machine deb 6s...1936 "Y,555 20 79 Sale 79 75 40 ,1937 mn Without warrauts 55,555 97 "67% O .1941 m n 272,000 Debenture ftold 5s 1959 875,000 103,000 Vanadium Corp (Am) conv 5s...1941 1942 33,000 Vertlentes Sugar 1st s 17s Victor Fuel 1st a f 5s 1952 "3", 005 Va Iron Coal A Coke 1st g 5s....1949 71,000 Virginia Ry A Pow 1st Cs... 1934 1,000 Walworth Co 6)4s ser A (with war) '35 338,000 9,000 6,000 34,000 46,000 Sale Mar. 4 Mar. 2 Mar. 16 70 Halske sec s f A 7s 1935 M S Debenture s f 6)4® F A Sierra 8c San Fran Power 1st 5s_. 1949 Silesla-Elec Corp gold 6)4® *946 F A Silesian Am Corp coll tr g 7s 1941 F A Sinclair Cons Oil 1st lien 7s 1937 M 8 J d 1st lien coll 6)4® BJ J Sinclair Crude Oil 5)4® ®erles A-1938 Line 20-year 5s Mar. 29 13 32 Sale 92% Sale O .1948 A Siemens 8c Sinclair Pipe 13 10% M n .1946 A O — Sale Prices. 15 Mar. 14 38 99 m s .1949 A 5s with warrants Shinyetsu El A .1946 San Antonio Sale Prices 12% 13 F .1953 Guaranteed 5s— 36,000 45,000 9,000 25,000 400,000 661,000 1,053,000 Highest. 32% -1944 Roch at Pitts C at I pur money Ask- Lowest Lowest. March 31. Bid. 82,000 Richfield Oil of Calif 6s Certificates of deposit 11,000 1955 19,000 Rtma Steel s f 7s .1948 9,000 Rochester Gas & El 5^8 ser C_1977 GenMtge4%s series D -14,000 RANOE SINCE JAN. 1. PRICES IN MARCH. Price it exchange. EXCHANGE—BONDS 69% 5s ser Sale 67 Sale C 193 5, sold on Ja 2% Mar. 3 Mar. 8 Mar. 12 87 Jan. 6 92 81% Mar. 85% Mar. 10 75 Jan. 9 85% Mar. 10 68 66 Mar. 72 Mar. 10 63% Jan. 5 Mar. 72 Mar. 11 64 4 72 72 88 n. Mar. 92 5, SI,000 at 73. ''Deferred 2% Mar. 29 Jan. delivery." 3% Jan. 22 Mar. 12 Mar. 10 Mar. 11 RANGE OF STOCK PRICES DURING MARCH 1932. Stock Sales— 1931. 1932. March. 65,658,034 99,110,149 172,343,252 Jan. 1 to March 31— In accordance with lets, except In the a rule of the Stock Exchange, effective case of stocks which AGGREGATE SALES In March. Shares. \ icksburg Albany & Susquehanna. 100 Allegh & West Ry 6% gtd_100 Top 8c S Fe 100 7,800 Preferred 100 120 405"466 1,000 2,500 Boston 274,442 Sale 75 .Sale Sale 33 Sale 183* Sale 133* Sale 183* Sale * "i"206 1,000 2,700 "2"666 17", 700 .100 100 ...100 25 Chicago 8c Alton """400 19}* 78}* Sale 20 H 73 3i 60 7X 46 9 Sale 72 8 48 14 11X Sale "56" "67" 74 80 65 68 28}* Sale ..100 Chic 8c East III RR 63}* Sale 20X 73 X 295* 23}* 80 ..... 45 Sale 73X 83* 75X 10 55 573* 115* Sale 60 IX ...1. 100 } 1.800 3 3>1 69,000 1,700 18,400 5,300 7,900 304,422 Chicago ft North West... 100 5,300 Preferred.. -........*,^.100 17 Sale 18 9 Sale 103* 16 Sale 930 200 50 51 50 29}* Colorado ft Southern.... 100 1st preferred 100 2d preferred 50 .... • 7,000 14,300 . . . . 36.400 Delaware ft Hudson ,.100 50 80,676 Del Lack ft Western 3,200 Denver Rio Gr & Wes pref 100 830 Detroit ft Mackinac Ry 100 250 Preferred..............100 700 67 ..... 6 100 ..... 3 X 10 X 3X 11 25* Sale """166 2,700 34,700 108",166 15 35 11X Sale 103* 27 ""'656 2,700 13 10 10 163* Ry X ... Preferred.. 100 7,600 100 125,300 2,500 364,900 Illinois Central..........100 6% pref series A 100 3,820 500 130 210 860 Preferred. . ...........100 . Leased line stock......100 RR sec stock ctfs.. .1000 100 1,080 142,200 Interboro Rapid Transit—lOO Certificates of deposit.. 100 100 140 150 Int Rys of Cent Amer.._.._* 45,400 Certificates. 165 ....... Preferred Iowa 27 X 45X Central 143* IX 4X 28 X 55 103* Sale 2,530 Manhattan Ry guar......100 Mar. 31 8 13 12 209,900 50 20 500 200 210 11,800 6,800 40,200 93,705 1. ..100 Mar. 26 Mar.31 Mar. 4 103* Mar. 28 25* Mar. 45* Mar. 103* Mar. 21 § 20 Mar. 17 Mar, 7 20 Second preferred 17 208,600 Missouri Pacific Preferred 407,005 ....... 100 100 193* 30 4 10 20 Morris Ac Essex 50 Nash Chatt ft St Louis 100 1,200 Nat Rys of Mex 2nd pref..100 1st preferred ....100 New Orl Tex ft Mexico ....100 """290 1,570 100 533,328 3,000 2,700 760 2,483,915 New York Central 100 13,500 N. Y. Chicago ft St Louis.100 Preferred 100 20,100 2,925 New York ft Harlem...... 50 10% non-cum pref_..___50 Mar. 31 Mar. 17 6 4 Sale 50 N Y Lackawanna ft West. 100 • No par value. x Ex-dividend. Mar. 31 13 2 Feb, 15 45* Jan. 11 153* Jan. 22 33* Jan. 14 53* Jan. 13 15* Jan. 25* Jan. Jan. 2 Mar. 26 Feb. 23 Mar. 31 125* Jan. 15 31 Jan. 22 16 Jan. 22 27 Jan. 14 14 15 2 15 24 Feb. 60 Jan. Feo. 95* Jan. 11 17 14 Mar. 5 Mar. 26 11}* Jan. 8 5 9 17 4 Salg 95* Mar. Mar. 8 2 213* Mar. 5 11 Sale w 14 23 Sale 283* Sale 83* Sale S3* Sale IX 7 X 175 10 "3" X — - Mar. 29 113* Mar. 17 20 28}* Mar. 4 473* Mar. 24 15}* Mar. 9 18 Jan. 12 13 93* Jan. 4 Mar.31 23 Mar. 21 32 1 23 8 2 4 7 5 Mar. 30 9 9 Mar. 9 95* Mar. 7 8 Mar. 18 8}* Mar.31 12}* Mar. 5 2 Mar. 30 Mar. Mar. 9}* Mar. 145* Mar. 12}* Mar. 20 7 Feb. Mar. 26 113* Jan. 2 Mar. 22 9 Jan. 53* Jan. 10 Jan. 15 6 27 3* Jan. 18 Jan. 22 10 133* Jan. 28 93* Jan. 11 25 Jan. 14 Jan. 143* Jan. 14 21 8 5 10 24 18 Sale 18 Mar. 29 5 18 383* 443* 125* Sale 36?* Mar. 245* Mar. ' 1 ' \' ' 3 Jan. 25 1 465* Mar. 11 9 205* Mar. 8 5* Mar. 23 23* Mar. 26 "iXMar "26 "53* Mai."3i 5* Mar. 23 1 Mar. 9 10 45* Sale 113* 123* 4}* Sale 103* Sale 55 25 3* Mar. 5 13* Mar. 30 25* Mar. 28 10 Mar. 23 45* Mar. 31 12J* Mar. 28 4 Mar. 31 95* Mar. 31 5* Mar. 2 13* Mar. 30 3 Mar. 15 14 Mar. 14 6}* Mar. 18 Mar. 2 7 9}* Mar. 9 7 21 Mar. 60 143* 26 7 Jan. 15 Mar. 28 18 Jan. 12 325* Jan. 14 465* Mar. 11 Jan.. 1 Mar. Jan. 2H 13* Mar. X Jan. 1}* Jan. 2 7 Jan. 8 15 Jan. 29 26 53* Mar. 31 Mar. 2 33* Jan. 16 Jan. 20 Mar. 14 Jan. 22 Jan. Jan. 4 3* Jan. 2IS 115* Jan. 4 Mar. Jan. 20g 5* Jan. 8 17 5 Feb. 27 Jan. 5 Mar. 29 ■ Mar.31 12 2 9 Mar. 31 11 95* Mar. 31 26 Jan. 22 Jan. Jan. 22 503* Jan. 20 X Mar. 11 Mar. 18 2 15 8 503* Jan. 273* Jan. 9 Jan. 3* Mar. 11 Feb. X Feb . 1 60 15 133* Jan. 22 235* Jan. 18 17 Mar. iA Jan. 143* Jan. 28 145* Mar. 7 12}* Mar. 5 75* Mar. 28 Mar. 18 15 15X Sale 36 3* 20 65 183* Jan. 22 26}* Jan. 18 175 Mar.31 19 18 Jan. 29 103* Jan. 14 10 57 305* Jan. 48 9 75* Mar. 28 173* Mar. 24 135* Sale 5 Mar. 30 Sale 50 X 4 2 10 Sale Sale Mar. 31 Jan. 4 Mar. 18 53* Jan. 123* Mar. 14 5 4X 12 X Sale Mar. 29 20 14}* Sale 75* 8 ..... Jan. 453* Jan. 283* Mar. 31 9 9 5* I 18 5 2 6 135* Mar. 31 Sale 173* 36}* Sale 163* Sale 8 27 10 4 9 2 Jan. 53* Jan. 75* Jan. 7 8 18 7 6 Mar. 31 Mar. 17 Jan. 6 63* Jan. 135* Mar.31 473* Mar. 24 m Mar. 23 Mar. 24 Mar. 21 3* Jan. 63* Mar. 31 83* Mar. 31 83* 2 9 114 8 10 8 135* 53* Sale X X 13* Sale 13* 3}* Sale 5 —... 3* H 3* °A 63* Sale 83* Sale X 8X 5% 55* "15* Jan""l8 89}* Feb. 13 285* Jan. 13 Mar. 7 Mar. 23 m 108 6 653* Jan. Mar. 2 91 14 17 84 1 Sale 313* Jan. 125* Feb. 18 283* iff 29 X 4 15 20 Mar. 22 70 175* 133* 155* Jan. Feb. Jan. 10 45 12 Sale Sale Sale 69 70 78 17 15 Sale Sale 5 Mar. 22 X 23* 273* 18 7 9 205* Mar. 9 23 ....100 ...... 5 Mar. 143* Jan. 5 Mar. 26 Mar. 26 Mar. 1 4 X lH Mar. 14 17 9 "sx ... 58 8 5 10 5 695* Mar. 31 23? 1,800 Minneapolis ft St Louis.. 100 100 1,300 Minn St. Paul & S S M Preferred 100 2,600 Leased line.., 100 2,450 76,400 Mo Kan-Texas * Preferred........... 100 42,847 25* Mar. 29 3 Sale 11 Sale 100 8 4 5 175 100 25 6 15 8 7 Sale 10 2 Prior preferred 19 6 7 Jan. 7 7 Mar. 12}* Mar. 4}* Sale 8 30 1 7 17 11 Sale Feb. Feb. Mar. 13* Jan. 5 695* 12}* Sale 5* 2 503* Mar. 785* Mar. 103* Mar. Mar. 23 Mar. 24 Mar. 21 8 93* 20 20 26 8 8 7 Mar. 31 17 X Mar. 17 7 5 16 Sale 100 300 200 Mod guar 5 13 Jan. 17 It* 25 Sale 430 Market Street Ry Preferred 60 10 55 60 19 153* 140 9 61 70 Mar. 22 67 13 "16"" 6X Mar. 31 73* Mar.31 Sale 32 23* 5 . 35* Mar. 135* Mar. 25* Mar. 31 Sale 25 ""2"" 25* Mar. 29 Mar. 24 30 53* Sale Mar. 16 9 2 /'.'"i 87,300 14 21 14 14 15 10}* Jan. 5 .100 880 Jan. Jan. Jan. Jan. Jan. 7 Mar. 24}* Mar 7 8 25X 8 15* Mar. 2 21 100 4,400 10,100 600 2 * Jollet & Chicago RR 7% pflOO 100 17,200 Kansas City Southern Preferred 100 3,200 14,100 Lehigh Valley............50 100 42,000 Louisville & Nashville 1,600 10 4 17}* Mar. 17 Sale 12 X 35 3 Havana Elec. 413* 215* 41}* 24}* 793* 73* Feb. 463* Jan. 25 10 6X Sale 7X Sale 5X 65* Sale 60 70 60 3 8 80 ..... Mar. 25* Sale Sale Sale 8 100 Gulf Mobile Ac Northern..100 18,500 Hudson ft Manhattan....100 Mar. 31 Jan. 5 Mar. 17 Jan. 7 Jan. 7 <j8 Mar. Mar. 16 Sale 8 4 17 100 16}* 24}* 7 74 10 58 55 2 12 54 20 100 ... 18 18 123* 183* 183* 673* 75 32X Sale 100 _ 14 303* Jan. 205* Mar. 8 65* 67 Sale ,5H— 503* Mar. 785* Mar. 103* Mar. 70 73* Sale 133* Sale 14 57 19 X 5 Second preferred ...100 Erie ft Pittsburgh.........50 Preferred 19 Jan. Jan. 115* Mar. 15 70}* Sale 100 Great Northern pref.. Green Bay ft Western 7 3 13 J* Mar. 28 20 29 Preferred..............100 40,900 Erie First preferred 12,100 Mar. Mar. 31 5 25* 83* Sale Duluth South Sh Ac Atl..l00 4,400 2,600 Mar. 22 Jan. 94 86 "I" Mar."29 "I}* Mar."'7 35 3,700 Consolld RRof Cuba pref. 100 260 Cuba RR pref. .100 600 32 733* Mar. 18 Jan. 19 150 Mar. 31 Mar. 31 63 100 Sale 100 7' 63 X Sale IX 100 Preferred.. ............100 .... 5 3 8 9 .......... 23* 102,000 15}* 20 11}* Sale Mar. 28 52}* Mar. 30 72 185* ......... 23* 6% preferred 10 Cleveland Ac Pittsburgh Mar, 823* Mar. 303* Mar. 195* Mar. 55 233* Sale 6}* Sale . 8 14}* Sale 47 X Sale 433* Mar. 31 71}* Mar 31 Sale 64 2X Sale T.266 7 56 100 930 283* 43?* Sale 713* Sale 73* 9 52}* 55 Mar. 31 Mar. 29 88 25 57,400 17,900 18}* Mar. 17 20 68 85 Chic Indlanap Ac Lou lav pflOO 2 8" 300 Chic Mil St Paul ft Pacific..* 97,300 Chic Rock Isl ft Pac._.__ 100 7% prefferred 15,600 100 Mar. 31 70 .... 11,600 Preferred 13 Sale 64 100 C C C Ac St Louis pref 100 Chicago Great Western..100 Mar. 31 Mar. 31 Mar. 31 20 25 58 ~4~100 300 Highest. Sale Prices. 65 xl7X Sale 3X Sale 10 X Sale 200 Lowest. Sale Prices. 63 75 18 Sale 100 6% preferred Special... Highest. Sale Prices. ----- 32 X 68 X 100 com ... 1,025 Central RR of N J 1,029,742 Chesapeake ft Ohio Lowest Sale Prices. 150 17 29 25 Carolina Clinch 8c O RANGE SINCE JAN. 1. .....223 27 Ac Maine.........100 Stamped 223 82 Sale ...50 Canada Southern 20 ..... 84 448,900 Canadian Pacific.. """220 10 700 200 Sale Sale 22,900 Trusts ctfs prof.*. 8,300 Brooklyn 8c Queens Transit.* Preferred. 4,000 600 Prices are on basis of 100-share IN MARCH. Ask. 15}* ctfs... tr Bid. 100 RR Beech Creek RR... Bkln-Manhat 688,356,500 Quoted dollars per share. March 31. Ask 100 Line 8c Ohio .... 9,900 3,500 240,600 Coast 31,000 Preferred 100 5,300 Bangor 8c Aroostook... **.50 380 Preferred 100 300 167~906 Atlan Bid. 764,520,950 - disregarded. 83 X 77 27 X ... 28,900 March 1. Ask, 150 Atchison 728,850 Baltimore are now $242,665,000 100 16 31l"866 are 1931. 1932. $250,900,700 _ Jan. 1 to March 31 Option sales 1932. Bid. Par. 8c - PRICES N. 7. STOCK EXCHANGE Alabama . Price Jan. 2 Jan. 1. Shares. March— Oct. 3 1915 . all stocks sell only In a small way. STOCKS Since 74,900 2,800 11,300 189,200 18,600 Bond Sales. Shares 33,031,499 26 2 12 12 59 Sale 25} 293* Sale 6 7 45 8X 93* 11 65* Sale 1103* Sale 106}* Sale 120 25}* Mar. 31 4 Mar. 28 63* Mar. 26 106 333* Mar. 73* Mar. llU Mar. Mar. 24 120 Mar. 243* Feb. 4 Jan. 63* Jan. 105 Feb. 365* Jan. 15 93* Jan. 12 155* Jan, 22 125 Jan. 15 120 / N. Y. STOCK 33 AGGREGATE SALES Price Jan. 2 March 1, 1932. Jan. 1. Bid. Par. Shares. 1,166,900 23 % 58 % 100 NTNH4 Hartford Preferred —.100 16.100 44,700 N Y Ontario 8c Western..100 * 1,000 NYRys of— 2,750 Norfolk Southern.....—100 29,800 Norfolk 8c Western—.....100 . 960 First 60 61% 58* 125$ 7 Sale Sale 73 % 68 14 2% 3 15% 7* Pere Marquette.......—.100 100 10 —100 8 20 Phila Rapid Transslt Co—50 10 Fhila Rapid Transit pref__50 19 60,800 72,210 11,000 200 1,400 200 St Louis-San 160 110 115 125 105 125 31% 27 % 33 30 30% 263 34% 29 27% Sale 6% 26 140 27 95 140 10 6 10 3% Sale 5 Sale 4% 4% 5% Sale 4 8 8 100 8 20 13 Sale 17 Preferred deposit receipts. 115 105 23 21 23 95 5% 15 15 9% 14 55 2 2 Preferred.. Express 18 900 21,200 4% Sale * Affiliated Products 55 Juneau A P Paper Co Gold Mln.10 » Pref series A $30 warr'ts .100 Pref series A $30 ex-war .100 Pref series A $40 warr'ts 100 12 10 68 % Sale 40 10 Sale 105% 110 76 11 Sale * Realty * * Allied Chem & Dye 100 Leather... Preferred. * 7% * .100 6 Corp.... ._* Amer Agric Chem (Conn)..* 13 * Preferred 100 Am Brake S 8c F * Preferred 100 American Can ......25 Preferred 100 Foundry Preferred American 10 Sale Mar. 28 8% Mar. 5 Jan. 5 Mar. 7 Feb. 128^ Mar. Mar. 21 7 i* Jan. 21 14 8% Jan. 22 9 Feb. 26 Mar. 22 2% Jan. % .... 6 7 6 ..... 8 14 Feb. 17 Jan. 22 Mar. 26 67% Jan. 2 78 Mar. 15 68 Jan. 9 21% Mar. 10 14 1 Mar. 31 69% Mar. 15 23% Jan. 22 78 Mar. 17 2% Mar. 17 19% Mar. 3 2% Mar. 15 11 Mar. 12 16 Mar. 11 12% Mar. 1 8% Mar. 31 11% Mar. 8 Mar. 17 Feb. 3% Feb. 2% Feb. 11 Jan. 21 Jan. 14 Jan. 1% Mar. 28 15% 1% 6% 8% 6 25 25 . . Jan. 2 4 13 19 Jan. 5 17% Jan. 14 14 14 19% Jan. 30 22 21 26 Mar. 3 25 Jan. 15 Jan. 11 2 136 Mar. Jan. 115 Jan. 5 32% Mar. 125 11 Jan. Mar. 10 2 18 Jan. 26 Mar. 23H 4 8% Mar. 10 112 29 Ma Ma .31 7 Ma 21 Mar. 31 Feb. Mar. Feb. Mar. Mar. 125 Ma 22 Sale Feb. 19 16 112 Feb. 42 Jan. 14 33 30 Jan. 29 Jan. 22 140 20 m % Ma .28 Ma .31 Ma .31 Ma 13 Ma 11 Ma . . . 26 17 29 % Ma .30 Ma . 9 Ma .31 .31 .31 15 Ma 8 9% Ma 31 Ma 'IPs J* 20 30 Sale Ma Mar. 17 11% % % 28% 10% Mar. 30 Mar. 1 Mar. 5 Mar. 3 Mar. 3 14 Mar. 22 Mar. 10 5 4 6% Jan. 14 9% Jan. 11% Jan. 22 26 Mar. 26 20% Jan. 26 11% Mar. 30 Jan. 37$ Jan. 13 Jan. 28 2 21 14 Jan. 22 Feb. 3 Feb. 16 Jan. 6 It* 20 Mar. 8 33 Feb. 7 2 14 Mar. 2 8 8 21 3 Mar. 3 Ma 18 20 Mar. 3 12 Ma 31 87% Mar. 5 65 Mar. 18 Jan. 5 Ma 22 67 Mar. 4 62 Jan. 29 68 Jan. 18 Ma 29 Jan. 4 4 Feb. 29 9 9 1 2% Ma 3% Mar. 4% Mar. 2 6 Jan. 15 3 Jan. 8% Jan. 2% Jan. 1% Jan. 3 5 Sale Jan. 4% Jan. 2 6% Mar. 31 7% Mar. 26 13 Mar.117 11 Mar. 29 % Jan. 2 % Jan. 4 18% Mar. 31 7% Mar. 31 9% Mar. 31 3 Mar. 2 • Ma 13 Mar. 8 Mar. 5 Mar. 3 Mar. 26 14 II* Sale Ma 4% 6% 9% 7% 4 20% Mar. 12* Sale 64 7% Feb. 26 5% Jan. 10 1% 2% 6% Sale 18 93 4* m 3 30 Sale Sale Sale Ma . 3% Ma . 7 Mar. 5 29 6% Mar. 2 2% Mar. 15 23 5 Mar. 5 Mar. 8 Mar. Jan. 4% Jan. 4 5% Mar. 31 2 Mar. 29 3% Mar. 23 4 Jan. 24% Jan. 94% Feb. 8 25 26 13 4 Jan. 2 28 15 22 22 14 6% Jan. 22 8$ Jan. Jan. 11* 13 4 98 Mar. 1 85 Feb. 2 98 Mar. J* Mar. 5 3% Jan. 4 Mar. 3 55 Jan. Feb. 4 5 8 Mar. 64 Mar. 31 Sale 26% Mar. 28 11% Mar. 24 12% Sale Sale Sale 3 3% 3 Mar. 30 12% Mar. 31 250% Mar. 31 1% Mar. 31 13% Mar. 1 2S 70 30% 12% 3% 16% 62% 2 Mar. 8 24 Mar. 3 10% Jan. Mar. 7 2% Jan. 9 12% Mar. 31 46 Feb. 10 1% Mar. 31 11% Jan. 4 2% Jan. 5 1% Jan. 5 2% Jan. 4 2% Jan. 2% Mar. 23 Mar. 17 Mar. 8 Mar. 3 15% Mar. 30 Mar. 26 4 Mar. 28 3 2% Mar. 4% Mar. 2H Mar. 29 ll Mar. 15 Mar. 23 *8 3 1 Mar. 10 Mar. 4 Mar. 2 10 87% Mar. 8 62% Jan. Mar. 16 12 73% 113% 9% 7% % Mar. Mar. Mar. Mar. Mar. 6 Mar. 10 Mar. 15 11 30 74% Sale 112% 116 8% Sale 7* 10* 6^ Sale1 14 15 Jan. Sale 9% Sale 7% Sale 12% 13 24 Mar. 28 12 11 Feb. 18 Jan. 29 Mar. 16 9% Jan. Mar. 16 4 aV/s 2% 3 5 19 Mar. 31 90 1% Sale 2% Sale 2 1% Mar. 30 8 Mar. 16 Mar. 30 » 98 Sale 12% Sale *50% Sale 12 116% Sale Sale 6* 50 i hH Sale Sale 14 37 % iP 40 Sale 46% Sale 3 13 % a Sale 20 75% 85% 60% Sale 117% Sale 2% 3 85^ 112 14% 66% Sale 123% 126 7% * Sale 29 100 Sale 4% 17% » Chicle...... 78% Mar. 28 135 106 Prices. 31% Jan. 12% Sale 119 12 Jan. Mar. 31 4 4 8 6% Mar. 8 Feb. 5 8 Mar. '% Mar. 6 70 Mar. 30% Mar. Feb. 13 16 Mar. 2 16% Jan. 3 8 11 3 21 Mar. 15 4 3% Jan. 7% Jan. 6% Jan. 6% Jan. Jan. 13 19 Jan. 87% Mar. 14 22 15 22 7 13 8 Mar. 11 13% Jan. 18 Jan. 11 10 8 Mar. 31 Jan. 25 1 11 3% Mar. 7 16% Mar. 17 62% Mar. 8 14 119 Mar. 11 14% Mar. 12% Mar. 20 29 5 Mar. 9% Mar. % Mar. 10 Jan. Jan. 5% Jan. % Mar. 8 Mar. 4 14% Mar. 8 10 J 100 Chain.. Preferred American SH * Amerada ... 2 Sale 4% Sale Sale 3 4% 3% 4% * Allegheny Corp Sale 1% 13% 2% 2% 4% .._* Air-Way Elec Appll Corp....* AlasKa 86 26% 27 12% Sale 3% Sale 14% Sale * new._.....* Air Reduction Inc..... 24% Sale 4% Sale 67 100 ...... Addreasogtaph Internet....* Amer Car 8c 7 98 Adams Millls......... W 2% 6 * 6,900 Amer Agric Chemical (Del).* 35,100 American Bank Note......10 Preferred 50 1,320 2,900 American Beet Sugar......* 27,300 10,555 2,100 2% * ....... Advance Rumely 9 45 ....100 Preferred Preferred 9 Mar. MISCELL Abraham & Straus..... Adams 5 Mar. It* 40 ........100 Preferred 2,076,600 2,800 125 Sale 3% Sale .........100 8c Abitlbi Power 8c P..... 1,700 Amalgamated 200 160 125 2% Sale 100 ...... 440 8 2 ... 9,566 31 8% Ma 11% Ma 4% Ma .31 5% Ma .31 Preferred 4,500 75,000 Allis Chalmers Mfg 10,050 Alpha Portland Cement 500 Mar. 31 8 2 Preferred 17% Jan. Highest. Sale 3% Feb. 11 28 31 15 2 29 4% Sale 5% Sale Alliance 24,200 Mar. Mar. Mar. Mar. Mar. Western Maryland 100 Second preferred...... 100 790 Alleghany Steel.... 1.116,900 1% 15% 2% 10% 9% Western Pacific..........100 Preferred... 1,760 V 13,700 5,300 17,200 55,700 261,000 1,100 759,800 2,000 186,400 32,900 2,900 8,300 Mar. 30 Mar. 31 Mar. 17 11 68% Sale 100 INDUSTRIAL 145,900 2 14 1 68 Sale^ Wheeling 8c Lake Erie....100 479 73% Mar. 3% Sale 4% Sale 6% Sale 6% 7% 11% 14 11% 14 .... 21,600 9,t>00 1,300 Sale Sale % 18% Sale 7% Sale 9% Sale ... 56,500 3,000 2,500 9,100 1 106 Mar. 31 Mar. 28 Mar. 1 Mar. 5 Mar. 22 Mar. 28 110 125 ....100 Preferred B 10 9 * 50,600 Seaboard Air Line Preferred 100 4,700 ..100 761,619 Southern Pacific Co.. 96,000 Southern Railway..... 100 Preferred 100 30,520 Mobile 8c Ohio certifs—100 1,300 1,000 Texas & Pacific..........100 ..100 34,800 Third Avenue 2,300 Twin City Rapid Transit.100 Preferred —.100 1,310 100 358,600 Union Pacific Preferred.......... 100 6,500 ...........100 46,300 Wabash Pieferred A..... 100 26,600 100 19% 39% 6% % 8% Sale Deposit receipts... Preferred Lowest. Sale Prices. 100 100 St Louis Southwest 4% 12 Sale Francisco..100 Preferred 6 115 90 Pitts Youngs 8c Ash pf 7% 000 "1Mb Sale 19 19 9 Highest. Sale Prices. 4% 2 ..........50 300 Peoria 8c Eastern .....100 ..15 ......50 ..50 Rensselaer & Saratoga 100 Rutland RR. pref—...... 100 68% Sale 1 505,000 Pennsylvania 11,600 Reading Company First preferred 2,100 Second preferred 2,300 % 109 * Sale preferred.........100 800 Plttsb & w«»« Virginia..100 40 Pitts Ft Wayne 8c Chicago. 100 30 Preferred 100 Sale Sale 2d preferred...........100 Prior preferred Preferred Ask. 43 « Preferred 20 Sale Lowest. Sale Prices. March 31. Ask. Bid. Sale ......—100 150 Northern Central......—SO 100 278,000 Northern Pacific... ........100 200 Pacific Coast 6,000 3,050 3,005 RANGE SINCE JAN. 1. PRICES IN MARCH. STOCKS Y. STOCK EXCHANGE N Since EXCHANGE-STOCKS Sale 20% 6 10 5% Sale 12% Sale 42% 45 % Sale 2 11% 86 3 13 Sale 61% Sale 123 Sale 6% Sale 26 4 13% Sale 4% 20% 34 36 30 Sale 42 31% Sale 50 42 5% 12% 42% % Mar. 29 Mar. 31 Mar. 16 1 Mar. 2 Mar. 18 12 Mar. 28 17 45 Mar. 7 Mar. 14 % Mar. 31 2% Mar. 5 14 Mar. 7 86 Mar. 31 7 60% Mar. 31 73% Mar. 8 Mar. 14 123 Mar. 31 129 85 Mar. 6 Mar. 23 26 Mar. 26 3 Mar. 28 17% Mar. 7 8% 39% 5% 17% 37% Mar. Mar. Mar. Mar. Mar. 8 9 7 7 8 50 30 Mar. 31 5% Feb. 10 12% Feb. 10 40 Jan. % Feb. 2 12 Mar. Feb. 7 ill 6 25 3 Jan. 16 Feb. Jan. Jan. Jan. 15 9 12 15 Feb. 18 3] 15] 73% Mar. 2 129 7 Mar. 28 17% Mar. 29 5 Mar. 23 Jan. Jan. Jan. 90 75% Jan. 54% Jan. 117% Jan. 7} 183 47 8 Mar. 14 8% Mar. 39% Mar. 6 14 8 9 Jan. 13 Jan.. 28 7 26 5 37% Mar. 8 Am Coal Co of Alleghany County, N J 25 4,800 American Colortype———._* 216,900 Am Com Alcohol v t c.____10 2,500 Amer Encaustic Tiling ...._* 16,000 Am European Securities..._* American Express Co.....100 4~57~806 Am & Foreign Power.._._._* 100 5 8% Sale 4 4% 9 107 280 Preferred.. 100 ....... Voting trust ctfs ~2~I66 * Preferred <6) 100 380 American News Co...,.....* • No par value. ....... 140 Sale Sale f Sale til Sale 54% 6% 2% 3* 6 2% Sale 58 Sale 4 9% 2% 5% 110 4% 16% 18% 7% 4% 1% 10% 44% 18% 57% 5% a?* Sale 3% Sale 140 Sale Mar. 1 8% Mar. 4 2% Mar. 30 5% Mar. 22 Sale Sale 2 Sale Sale Sale 61 Sale 7% Mar. 31 4% Mar. 28 9% Mar. 17 43% Mar. 28 15% Mar. 1 58 68 Mar. Mar. 2 2 5% Mar. 31 % Mar. 21 2% Mar. 26 6 Mar. 26 Sale 41 Mar. 31 Sale 17% Sale 3 2% 12 1% 3% Sale 4% Sale 33 29 31 14% 15 28 29 17% Mar. 31 2% Mar. 2 3% Mar. 22 14% Mar. 29 28% Mar. 28 Mar. Mar. 5% Mar. 2% 11% 51% 21% 2 Sale 3 15 Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. 8% % 3% 7% 44% 21% 3% Mar. 5% Mar. 19 30 Jan. Jan. 4% Mar. 18 15% Mar. 18 15 Mar. 26 7% Mar. 31 4% Jan. 28 1% Jan. 4 9 Jan. 4 41% Jan. 5 12 Jan. 5 50 Jan. 14 5 Jan. 4 % Jan. 8% Mar. 21% Mar. 6 §* *iH 8 24 Mar. 26 41 2 2 Mar. 15 Sale 2% Mar. 22 4% Mar. 10 4% Mar. 18 15% Mar. 18 Sale 20 11 Sale Sale Sale 2 5% Mar. 10 Sale %' 2% % 3% 5 Sale American Metal.. 1,980 Sale 7% Sale Preferred 31,150 Preferred (6) * 17,900 2d pref A ♦ 40,119 9,500 Am Hawaiian Steamship... 10 Amer Hide 8c Leather_..._..* 3,300 Preferred 4,500 ....T_._—100 * 34,435 Amer Home Products..... * 77,600 American Ice Preferred 100 4,300 * 243,000 Amer In tern at Corp..... * 5,100 Am La France 8c Foamite * 22,000 Amer Locomotive Preferred... .......100 6,650 ...* 44,400 Am Mach 8c Foundry 10,900 Amer Machine Ac Metals....* Sale 6 5 22 6% Jan. 29 2% Mar. 30 5% Mar. 22 45 2 Jan. 5% Jan. 30% Jan. 17% Jan. 2 7 Mar. 11 Mar. 12 Jan. 3% Mar. 22 14% Mar. 29 28% Mar. 28 45 Jan. 6 Jan. 11 5 6 13 Mar. 22 Jan. 9 10% Jan. 16 9% Jan. 38% Jan. 14 21 Jan. 18 33 17% Jan. 14 Feb. 17 2% Jan. 7 6 12 Jan. 51% Mar. 21% Mar. 68 Mar. 6 9 8 8 8% Feb. % Jan. 19 12 Feb. 3 4 9% 44% 22% 3% Jan. 18 Mar. 7 Jan. 14 Mar. 9 6% Jan. 19% Jan. 11 14 33 30 Jan. N. Y. STOCK AGGREGATE SALES, In March. PRICES STOCKS Since Shares. 73,300 6,300 T. STOCK EXCHANGE Shares. Par. Amer Power 8c Light.. 15,300 335,900 140 460 4,500 52,700 5,800 ...* * Pro.erreu Preferred (5) Pref A stamped 7,100 108,200 Preferred 76,525 21,400 43,400 285* Sale 55* Sale 100 18* "3*566 "7", 500 100 25 35 Sale 325* Sale 955* 103 70 78 m !!H 625* 35* 24J* 100 ctfs* H % • Zinc, Lead 8c Smelt...* 2 5* 9 3 5* » tr 25* 15 ... Preferred 370 600 Andes Copper Mining Co 3,100 9,600 Sale 9 Sale 70 • * 25 Sale -.100 ... Preferred Arnold Constable Associated 100 100 .25 50 Sale 163* 100 136,100 Atlantic Refining.... Sale 25 6,900 Atlas Powder Preferred 100 1,300 6,200 Atlas Stores...............* .._....* 1,000 Atlas Tack Corp • 2,397,100 Auburn Automobile 23 ......... . . . 800 Austin, Nichols 8c Co 800 100 143 400 3,100 40 7,500 200 20 46,900 2,300 4,200 3,400 3,100 50 5,700 400 9,540 7,700 1,800 ... ..... 360 500 100 35,720 6,100 430 20 3,400 2,300 1,600 74,000 80 Mar. 11 Mar. 14 23 Mar. 14 47 Mar. Mar. 8 Mar. 8 45* Mar. 2 305* Mar. 7 2 5* Mar. 4 23 Mar. 24 105* Mar. 8 Beatrice Creamery 44 15* Mar. 5* Mar. 93* Mar. 15* Mar. 2 Mar. Mar. 53* Mar. 26 25* Mar. 2 65* Mar. 1 35 Mar. Mar. 28 35 15 Mar. 15 Mar. 16 21 145* 15 105* Sale 16 185* Sale 3 Sale 45* Sale 15* 25* 725* Sale 5* 5* 143* 145* 15 5 15* Mar. 45* Mar. 16 Sale J* 15 Sale 22 20 5* '• 5* 15* 1% 25* Sale 99 ..... 72 WA Mar. 74 Mar. Mar. Mar. 9 245* Feb. 215* Jan. 70 Jan. 10 Feb. 80 21 18 365* Mar. 3 395* Jan. 13 885* Jan. 13 5* Jan. Mar. 70 345* Mar. Mar. 5 75 Jan. 5* Jan. 4 35* Jan. 35* Feb. 9 95* Jan. 27 8 8 15 55* Feb. 25 305* Mar. 7 27 195* Feb. 23 55* Mar. 31 8 Mar. 2 Jan. 25 Jan. 8 31 23* Mar. 18 4 155* Jan. 2 895* Mar. W 4 23 11 9 Jan, 18 125* Jan. 14 9 Feb. 175* Mar. 74 11 2 Mar. 10 45* Jan. 12 8 Feb. 16 2 4 95 Feb. 26 Jan. 44 Mar. 9 2 Mar. 9 Jan. Jan. 2 5* Jan. 7 63* Jan. 15* Jan. 18 •3 Feb. 1 26 50 Jan. 26 1 2 Jan. Mar. 23 5 15* Jan. 35 15* Mar. 10 145* Mar. 9 55* Mar. 31 175* Mar. 30 23 Mar. 82 )1 15 Sale Mar. 31 15* Mar. 17 20 115* Sale 10 5* Mar. 19 15* Mar. 12 35* Mar. 8 75* Mar. 85* Feb. Mar. Mar. 45* Jan. 15* Feb. Mar. Mar. 14 Mar. 17 5* Mar. 31 Mar. 31 8 Mar. 2 Mar. 28 9, Mar. 31 >6 195* Mar. Sale Mar. 31 195* Sale 175* Sale Mar. 28 195* 195* Sale 48 25 Mar. 31 Mar. 28 165* Mar. 28 Mar. 5 Jan. 45 Mar. 1 Mar. 31 Mar. 16 Mar. 16 7 Feb. 5 Feb. 15 5 Jan. 8 60 Mar. 50 Sale 50 Mar. 30 65 Mar. 10 135* Sale 13 Mar. 19 195* 515* 5* 5* 435* 125* 15* 95* Mar. 1 Mar. 9 Mar. 24 Mar. 17 Mar. 9 Mar. 5 Mar. 9 Mar. 11 495* Mar. 28 5* Mar. 24 5* Mar. 17 37 Mar. 28 50 75* Mar. 31 5* Mar. 24 * 75* Mar. 29 Mar. * 5* Mar. 4 35 116 Mar. Mar. Mar. 3 Mar. 2 7 13,400 Budd (E G) Mfg * 650 Preferred 7%..........100 27,640 Budd Wheel * 18,900 Bullard Co * 4,400 Bulova Watch ._...* Mar. Mar. 12 Mar. 5 2 Mar. Mar. 4 Mar. 100 Mar. 8 Mar. 18 115* Mar. Mar. 1 Mar. 15 895* Mar. Mar. 7 3 2j Mar. 10 35* Mar. 75* Mar. 2 Mar. Mar. 3 2 Mar. 7\ * 1 „5* a2,y Sale Mar. 28 55* 5* 25* 95* Mar. 11 Mar. 4 Mar. 11 Mar. 31 Sale 17 Mar. 1 Debenture stock 100 Sale 55 Mar. 31 130 Bush Term Bldgs. pref.. 100 90 80 Mar. 19 5,500 Butte Copper 8c Zliic .....5 6,200 Butterlck 8,600 Butte 8c Superior Mining..10 251,200iByers8cCo • 1 35* Sale Sale 55 29 Mar. 5 Sale 18 Mar. 14 Feb. 25 Feb. Mar. * Jan. 3 60 10 95 445* 45* 625* 185* 245* 245* 3 16 50 1 Mar. 60 5* Mar. 22 33* Mar. 30 3* Mar. 4 115* Mar. 31 50 Mar. 30 Mar. 30 Mar. 19 Feb. 6 34) 5* 25* 725* 335* L16 Mar. 11 Feb. 1 5 15* Mar. 29 J* 75! Mar. 31 Mar. 9 Mar. 9 Mar. 14 Mar. 7 Mar. 7 Mar. 8 Mar. 3 Mar. 19 15 1 29 Jan. 55* Mar. 11 9 •5* Feb. 25* Mar. 11 95* Mar 31 4 155* Jan. Jan. 2 15 9 J» 30 25 Feb. 9 Jan. Jan. 15 11 Jan. 26 25* Mar. 11 13 Mar. 7 215* Mar. 9 65 Mar. 29 85 Jan. 22 8 15 13 5 7 Feb. 4 Jan. 14 Jan. 28 Jan. 14 Mar. 7 8 28 5 9 14 85* Mar. 7o 13 2 Mar. Jan. Jan. 25* Mar. 31 4 35* Jan. Jan. Mar. Jan. Mar. 2 Mar. 14 1 5 9 11* Mar. Mar. 18 10 Feb. Mar. 1 Jan. 23 55* Jan. 9 Mar. 8 35* Mar. 30 5 55* Jan. 67 19 Jan. 36 Feb. 9 1195* Jan. 75* Feb. 10 3 15* Feb. 14 225* Jan. 14 515* Mar. 9 62 Mar. 30 5 Jan. 8 Jan. 19 1!* 15* 435* 125* 15* 105* Mar. 24 18 Jan. Feb. Feb. Jan. 9 135* Mar. 16 Jan. 14 Feb. 15 61 Jan. 6 65 Jan. 22 Mar. 17 Jan. 5 Mar. 31 Mar. 29 Jan. 74 Mar. 24 25* Jan. Mar. 11 Mar. 5 Mar. 3 Mar. 11 Mar. 7 7 14 7 14 Mar. 55 Mar. Jan. Jan. Jan. Mar. 21 133* Mar. 16 75* Mar. 30 19 59 4 Mar. 31 11 Jan. Mar. 28 Mar. 12 2 4 Jan. Feb. Jan. Mar. 15 Jan. Mar. 31 145* Mar. 141 45* Mar. 2 75* Sale 25 Feb. 4 )5 Sale 15 99 Jan. Mar. 16 48) 18 Feb. 26 14 Jan. 12 Jan. 14 Jan. 2 Jan. 7 Mar. 28 74 80 2 13 14 Mar. 29 Mar. 55* Mar. Mar. 31 18 9 Feb. 85* Jan. 285* Jan. 8 L0 Mar. 28 16 Mar. Jan. Feb. 8 31 7 41 15 27 11 Mar. Mar. Mar. 31 45 13 22 Jan. 12 }0 Sale 635* Sale 2 Mar. 31 Mar. 17 Sale 100 4 Jan. 5 Sale Sale 2 Jan. Jan. 5* Jan. 2 Mar. 29 43* Mar. 22 59 Jan. 3 Sale 21 Jan. 35* Jan. 320* 10* if* Mar. 17 355* Sale 605* 615* 145* Sale 22?* Sale 16 5* Jan. 7 5* Mar. 30 25* Feb. 23, 9 25* Mar. 5* Mar. 31 9 91 95* 105* 155* 125* 255* 795* 55* 15* 1515* 5* Feb. Mar. 15 175* Sale Sale 12 75* Feb. 4 25* Jan. 7 85* San. 15 Mar. 75* Mar. 9 Mar. 5* Feb. Sale 2 5 43* Mar. 31 145* Jan. 15* Mar. 45* Mar. 85* Mar. 75 Mar. 25* Mar. 4 Feb. 8 4 Preferred..............100 20 JS Jan. 6 Jan. 7 5 1375* Feb. 19 865* Mar. 9 Mar. 23 Mar. 29 70 90 Class B common .* 100 Class B certificates 76,520 Burroughs Add Mach...._..* 7,900 Bush Terminal Co.. 14 Jan. 8 665* Jan. 105 15 22 16 71 40 100 Mar. 14 Jan. 5 9 5* Mar. 19 5* Mar. 30 25* Mar. 1 * ......... 5 Jan. 65 143* Mar. 14 Mar. 780 9 Mar. 10 Mar. H Mar. 145* Mar. Mar. Preferred 345* 20 preferred...........100 Class Anew—.. Jan. 35* Feb. 1075* Jan. 55* Mar. 10 15* Mar. 21 1015* Mar. 11 45* Mar. 15* Mar. 100 1,100 370 1,500 1 5* Sale 5* 1 25* Sale .. 56 Mar. 18 Mar. 70 a2VA 4?* 35* 9 105* Mar. 16 71 Sale 8 Preferred (7)......... 69 5 5 335* Jan. 205* Mar. 30 675* Feb. 13 50 19,900 Brooklyn Union Gas.. * 1,100 Brown Shoe, Inc * 230 Preferred 100 109,700 Briggs Manufacturing......* 5,200 Brun8wick-Balke-Coll...._.* 16,700 Brunsw'k Term 8k Ry Sec...* 13,700 Bucyrus-Erie Co 10 9,200 Con v preferred 5 180 9 15* Mar. 10 145* Mar. 9 25* Mar. 15 145* 105* Blaw-Knox Preferred 55* Jan. 90 32 Mar. 20 57,100 Bohn Alum 8c Brass Corp...* 2,900 Bon Ami class A............* 1,000 Booth Fisheries. 4 29 19 Mar. 3 Jan. Feb. 55 11 103 5 Mar. * 10 Bloom! ngd ale Bros Preferred .....100 543 240 Blumenthal 8c Co pref 100 60 Jan. ir- 3* Jan. 15MM 5* Feb. 18 15 10 " Corp......* 6,500 Brockway Motor Truck 90 Feb. Mar. 15* Sale * 4,000 Briggs 8c St ratton 305* Jan. Jan. 9 89 * 115,600 Borg-Warner Corp..... 900 Botany Cons Mills A 2 Mar. 29 75* Mar. 6)* Sale 195* Sale 100 Best 8c Co Borden Co 14 Jan. 5 13 12 * Belg Nat Rys part pref Bendlx Aviation Corp. 7% preferred 255* Jan. Mar. 29 Mar, 29 53 32 70 * ... 6 9 Mar. 7 Jan. 2 9 8 3 5* Jan. 27 185* Mar, 28 105* Mar, 28 Mar. 10 45* Mar. 115* Mar. 8 Mar. 4! 13 5x295* Mar. Mar. 100 Preferred...... Holding Brothers ist ' 19 50 50 71 Sale • 50 Beech-Nut Packing... Bethlehem Steel 39 Feb. 175* Mar. 74 9 18 2,A 50 100 Bigelow-Sanford Carpet Inc * 280' 3 4 171 21 4 25* Mar. Sale * 1st preferred........ 830 25 100 400 Burns Brothers '""800 8 895* Mar. 22 110 25 .... 200 700 28 5 75* 505* .... Preferred..... 25 5 7% preferred.. 100 30 114,600 Barnsdull Corp, class A...25 * 490! Bayuk Cigars, Inc 382,100 9 Sale 3 ... 100 45* Mar. 12 7 5* 10 Sale Austrian Credit Anstalt. Autosales ..._* 390 117,800 51,600 3 3 Mar. 18 80 5H 65* 15* Sale 5* Sale 60 35 5* * Sale Sale ...... Prior A 380 Preferred 190 300 Bar net Leather 33,500 Mar. Mar. 73 2 Mar. 25* Mar. 225* 20 Sale 5J* Mar. 5 Mar. 6 14 135* Mar. 75 17258 Mar. 45* 45* Mar. 95* 95* Mar. 84 .... 60 100 100 75* Mar. 8 715* Mar. 14 14 25* Jan. 1 31 1355* Mar. 28. 865* Mar. Mar. 23 5* Mar. 4 70 12 • ... 870 Barker Bros... ""*270 65* Sale 70 2d preferred... 9,000 If Mar. 14 Jan. 13 Jan. 2 1 28 25* Mar. 205* Mar. Sale 15* Sale 5* Sale 10 a\V* Sale Associated Oil... 280 100 65* 33* 135* 705* 23* 95* 50 Sale * 70,100 Baldwin Locomotive Preferred 100 6,070 1,090 Bamberger (L) 8c Co pref.. 100 1,800 15 Sale 15* Sale 55* 1,190 Preferred Sale M 80 * 10,500 1,700 500 19 Mar. 365* Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. 14 5 103 Mar. 5 Mar. Jan. 3 ..100 87,600 Aviation Corp.......... 180,300 27,500 183,700 14,800 15* 5* * ""166 56,900 2,640 4,500 18,100 5,000 491,200 91,000 727,804 24,200 25* Mar. 69 2% 4 Corp.....* 41,300 34,100 1,600 2,500 5,200 113* Sale .... 800 10 7 3 22 715* Mar. 10! Sale Class B 600 470 370 Mar. 281 3 70 Armour of Illinois class A..25 900 Atl G 8c W 1 SS Lines 40,600 9 4 5* Mar. 95 400 840 Mar. Mar. 35* .095* 745* 765* .065* Sale 600 270 28! Mar. 29i 2 70 92 Dry Goods 1st preferred i",66o 25* 15, if* 39 """166 ""600 215* Jan. 215* Mar. 265* Mar. 255* Mar. 95 35,400 " 7 17j 25 Sale 9,000 40 3 Mar. 15 70 Sale 90 10 2,300 Art Metal Construction 13,200 Associated Apparel Indus..* 400 Mar. 31 13 31 *295* Mar. 5* Mar 75* Jan. 345* Mar. 205* Mar. Sale 40 4,100 900 5 Sale 20 Sale Artloom Corporation Preferred 20 2,200 3H 105* Sale Sale Sale 77,600 71,900 19,600 6,200 615,800 74 4 Sale 100 41,800 32,200 10,200 1,300 420 8 12! Sale 100 Preferred 13,200 Armour (Del) pref 66,500 1,200 31 95* Sale 63* 8 16 J* Sale 71 *Y/8 Sale • Archer Daniels Mid 730 "2,406 300 25* Mar. 5* Mar. 5* Mar. 55* Mar. 30 Sale Preferred ..25 1,200 ...50 721,006 Anaconda Copper * 3,900 Anaconda Wire 8k Cable. • 24,200 Anchor Cap Corp 300 Mar. Mar. Mar. Mar. Mar. Mar. Mar. ' 495* Jan. 85* Jan. Mar .30 5 100 Sale 100 ... Writing Paper Amer 13 14 Jan. 4 120 285* Mar .31 100 Mar. 30 165* 703* 32 Mar. 29! 505* 325* Mar. 28 345* 345* Sale ngM 9 8 Mar. 19 Sale * 445* Mar. 75* Mar. Mar. 30 110 * Corp Pref voting trust ctfs I 150 isU Sale Foundries Preferred 165* Jan. 58 Mar. 31 31 53 4 Sale ......100 American Woolen.... Am 9 85* Mar. 31 8 Mar. H 85* 225* 25* 5* 183* 105* Sale 53 ..... 2,900 Sale Prices. 57 285* Mar. 31 5 101 \y* c ..... 400 108 Preferred. 27,900 208,400 Mar. 31 31 Sale 2! Preferred. .............100 350 * 8,700 American Stores 28,500 American Sugar Refining.100 Preferred 100 7,400 6,200 Am Sum Toh 3,767,540 Amer Telep & Teleg 10«> 25 32,500 American Tobacco Class B 25 421,550 Preferred ! .100 7,100 1,200 Amer Type Founders..... 100 Preferred 100 1,260 101,800 Am Wat Wks 8c El Certificates * 3,700 1st preferred .....—* 1,800 6,600 62,300 700 .... Amer Sol* 8c Chem Amer Steel Highest. Sale Prices. 165* Mar. 85* Mar. 31 Sale 10 ..... Preferred.. Lowest. Sale Prices. Sale Price. 83* Sale 31 52 Ask. 100 ... 23,100 12,800 7,500 256,356 2,000 7,000 Sale * * * 530 American Shipbuilding 610 400 145* 50 .........100 206,950 Amer Smelt 8c Refining, Preferred 8,200 2d Preferred... 6,520 7,400 American Snuff 120 320 56 13,700 American Republics..-..—* 159,400 Am Rolling Mill 25 17,100 American Safety Razor * 260 32,600 1,000 Sale * 1,800 Amer Ship 8c Co mm 300 135* 52 Ask. Highest. Lowest. * $5 preferred 500 30 Bid. March 31. Ask. Bid. Am Radiator 8c Stand San..* 500 American Seating 2,400 5,600 2,200 2,300 1,145,453 10,100 115,200 2,300 March 1. Bid. ..... 100 59,700 4,700 3,020 2,900 Jan. 2 1932. 193,600 15,500 RANGE SINCE JAN. 1. IN MARCH. Price Jan. 2. S 33 EXCHANGE-STOCKS Jan. 4p 5 19 26 61 8 Mar. Mar. 9 7 14 7 8 Feb. 19 Mar. 19 N. Y. STOCK 34 AGGREGATE SALES. Since March. Shares. RANGE SINCE JAN. 1. IN MARCH. Jan. 1. Shares. PRICES STOCKS N. Y. STOCK In EXCHANGE-STOCKS 3,100 ""Boo 8,400 1,800 14,600 1,700 I ' 1,200 2,000 717,100 y750 25,900 170 100 4,200 600 900 210 1,700 1,200 1,983,200 300 10,900 40,600 5,000 2,000 400 2,200 6,100 120 2,420 175,700 8,300 * 610 . 560 800 1,600 40,906 3,400 14,400 1,200 18,100 200 2,400 2,700 A--* Mar. 15 Preferred class A...—...50 2234 Mar. 30 3134 Mar. 28 5234 Mar. 17 374 Preferred 110 stamped........ Solv—.. ......* Conde-Nast Publlc'ns * ... 80 Preferred 340 2,170 10 520 1,000 2,700 2,200 1,050 3,000 110 5,200 2,300 59,100 15,100 150 20 3,800 8,500 100 Preferred (6%) 100 Prior pref x warrants..... ......... 12,800 Consol Film Industry Preferred 18,500 1,142,550 Consolidated Gas ... * Consol Laundries Corp.....* Consolidated Textile * Preferred... —.100 ... Corn Prod Refining.. Preferred Coty.Inc —25 100 ... 11,800 4,900 66,700 6,300 3,500 3,400 1,200 ♦ Crown Co-'. Ac Seal......—* Pref en ea... .._....* ._..._* ..—.—* Crucible Steel of Amer Preferred Cuba Co.... 8% preferred...... 10 ...... 20 5,700 Dresser (S R) Mfg 4,7001 Class B Ex-dividend. conv * 4 Mar. 11 80 75 80 Mar. 24 34 Sale 4 20 8 Sale 8 8% 1634 95 1834 ' 18 Mar. 24 Mar. 15: Mar. 22 Mar. 3 Mar. 8 6634 Mar. 16 ai ys 134 Mar. f2 434 Mar. 23 8 Mar. 15 22 Mar. 5 5 96 934 Sale 4834 ] 2934 90 H 834 7634 10 34 8 26>4 70 1334 8134 334 62 34 9 34 20 34 16% Sale Sale Sale Sale 20 I 5 534 5 1% 334 19 97 57" % 18* 8 63 3 IK Sale 13 Sale 7% a 834 834 034 734 1834 Mar. 28 2 6734 Mar. 29 „ 134 Sale Mar. 28 13 13 Sale 8 Sale Mar. 15! Mar. 28 Mar. 934 5?* 5 60 234 25 Sale 65 70 8 50 72 60 60 Sale 47 2 3 6 90 9 Sale ~ 9% 34 Sale Sale ,34 1 Sale 'x 42 % 44 Sale 3434 334 Sale 20 1934 134 134 6 Sale 34 Sale 4134 Sale 125 13434 1034 3 1334 2134 Sale 2234 1234 334 1434 25 18 134 Sale 134 M 1 8 31 4 23 1034 834 10% 934 80 69 112 Sale 59 3 334 4 034 Sale 234 Sale 583-s Sale 1 8 934 34 234 34 534 34 44 3IM 2?M 93 Sale Sale 234 134 Sale Sale 83 g* Sale Sale 92 Mar. 31 70 60 Mar. Mar. 54, Mar. 23 3 Mar. 31 834 Mar. 31 5734 Mar. 31 9134 Mar. 18 14 Jan. 18 2 Feb. 29 734 Mar. 15 12% Jan. 4 9 634 Jan. Mar. 16 Jan. Jan. 14 Feb. Feb. 23 Jan. 14 11 Mar. 24 4% Jan. 6 1234 Mar. 17 10 7 3 Mar Jan. % Jan. 2% Jan. 8 Jan. 1534 Jan. Jan. 14 634 Jan. 11% Jan. 22 Mar. 12 9 Mar. 28 734 Jan. 10 Feb. 71% Jan. 9 Jan. 13 Mar. 18 5634 Mar. 11 1534 Jan. 14 2834 Feb. 19 68 7 25 7 5 5 Jan. 15 2% Jan. 434 Jan. 834 Jan. 6 Jan. 85 22 14 22 Mar. Feb. 96 5120 9734 Jan. 6 50 45% Jan. 2434 Mar. 28 3134 87 Feb. 6 95 7 22 14 Jan. Mar. 11 Mar. 17 Mar. 29 63 80 17 20% Jan. Jan. 20 Mar. 15 Mar. 21 634 5634 1034 2434 23 Mar. 8 Mar. 9 Mar. 11 10% Mar. 19' 80 11 1034 Mar. 12 5 15 Mar. 22 10; 634 Mar. 24 3034 Jan. 7 64 Jan. 5 1134 Mar. 31 19 7 7 Mar. 17 % J an. 30% Jan. 79 16% 8 14 7 16 Mar. 9 Jan. 34 Sale Sale Sale Sale Mar. 31 7 Jan. 1 Jan. 34 Mar. 23 40 1 Mar. Mar. 24 5% Mar. 21 34 Mar. 11 40% Mar. 28 125 Mar. 3 Mar . 3234 Mar. 11 i ! 24 Jan. 37 Mar. 12 1% Jan. 2 15 34 234 2334 4934 134 Sale 23 79 Sale 80 Sale Sale 2034 Sale" 7% Mar. 21 2034 Mar. 31 75 75 80 Mar. 28 Mar. 31 Sale Sale Sale 7 Sale 3 Mar. 29 434 8 12 1 Feb. 1 6 Mar. 5 134 8% 35% 7% 31 Jan. 86 Jan. 15 14 234 Feb. 2 Feb. 8 3 1% Mar. 29 1 1% Mar. 28 5 70% Jan. " 3 15 14 Jan. 4 Mar. 31 Mar. 28 4 Mar. 15 34 6 7% Mar. 21 20% Mar. 31 75 9 5 Feb. Mar. 30 34 Jan. 30 Mar. 1934 Mar. 21 4% Jan. 7 1534 Mar. 5 Feb. Jan. Jan. Jan. J an. Jan. Jan. Mar. Mar. Mar. Mar. 12 Mar. 7 Mar. 4 Mar. 23 16 Mar. Mar. 31 80 Feb. 5 '1034 Jan. 2% Mar. 19 i Mar. 1% Mar. 29 134 Mar. 28 2 7 8 11 16 2 Mar. 10 11 4734 Mar. 4 Mar. 31 Mar. 83 3 129% Jan. 5 434 Jan. 26 1 8 5 Mar. 20% Feb. 15 34 Mar. 85 76 Jan. 125 23% Jan. 6 85 76 5 Mar. 12 Mar. 12 33 90 Jan. 5% Feb. 10 2 34 Jan. 20 Sale 85 76 434 Feb. 17 2534 Mar. 8 134 Jan. 14 7 Mar. 8 34 Jan. 13 5 37 1 Sale Sale Sale 8 4 Mar. 7 Mar. 31 6 134 Sale 5 41 2% Jan. 33 134 4734 Mar. 5 2:37 34 Mar. 434 Mar. Sale 6 29 1 33 8% Jan. Mar. 21 Mar. Mar. Mar. 33 1 18 14 8 Mar. 19 28 31 . 8 3 19% 334 15% 23 34 Mar. Mar. Mar. Mar. Mar. Sale Mar. 23 2034 1534 2% 1234 2034 ■O Mar. 3134 Jan. 3% Jan. 19% Jan. 40 % Mar. 12 3 127 22 154 Mar. Sale 8 8 55 Jan. Jan. 8 Mar. 23 »24% Jan. 72 Feb. 20 59 Jan. 6 Mar. 7 52 Jan. 6 60 44% Jan. 2 5834 Jan. 12 3 Mar. 31 5 34 J an. 11 Mar. 7 8% Jan. 5 % Mar. 23 „ 1* 13 9% Mar. 4 1 Sale 1 6 Feb. 2 6 8 634 Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. 21 Mar. ~ 19 Jan. 11 Jan. Mar. 31 4 Mar. 17 10 8 7% Jan. 20 19 Mar. Mar. Mar. Mar. 41* 2 Jan. 334 Mar. 28 1934 Mar. 31 44 Mar. 1% Feb. 24 1034 Mar. 8 8 % Feb. 734 Jan. 29 8% Mar. 15 2% Feb. 1% Jan. Mar. 334 Sale 1934 Sale 12634 12834 120 3 334 334 20 2234 2034 1534 Sale 18% 334 334 334 1234 1334 12% 23 20.% W/s 28 33 25% 134 234 3 Mar. 15 Mar. 11 34 Mar. 22 1% Mar. 28 % Mar. 23 1 Mar. Sale Sale Sale Sale 130 27% Mar. 34 Mar. 234 Mar. 4734 Mar. 1 2 Feb. 19 101 Mar. 2 95 4 77 Jan. 5 13 Mar. 31 6 Jan. 15% Jan. Mar. 7 Mar. 3 Jan. 22 Mar. 14 Mar. 11 Jan. 34% Mar. 31 Sale 16% Jan. 56 Mar. Mar. 24 Jan. 14 4 34% Sale Sale Sale 11 Feb. Mar. 2634 2134 2034 68% 6% Mar. 29 3% Mar. 29 53,% Mar. 31 8 34 Jan. 5 •19% Jan. 17 9 41% 7% 4% 68% 10 Sale Sale 10 10 40* 6 Feb. Feb. Sale 434 2234 28 Feb. 19 1034 Sale 11 Jan. Jan. 4134 1% 34 134 7% 35% 7% 24% 21 12 Mar. Mar. 30 1334 Sale 2334 Sale 734 Sale 1434 Sale 834 Sale 11 934 Mar. 95 Mar. 28 115 18 FeD. 8 Mar. 9 2 Sale Sale Sale 434 Mar. 1134 Mar. 6834 Mar. 16 85 70 Jan. 34 Mar. 22 1% Mar. 28 34 Mar. 23 Sale 34 Sale lit 4* Mar. 23 Mar. 23 34 100 20 4 2234 Mar. 16 7934 134 Sale 234 Sale 15 15 Mar. 23 35 73 Jan. 5 Mar. 31 55 15 65 53 54 iiH 18 18 15 75 834 Mar. 31 234 Mar. 19 58 Mar. Mar. 15 Mar. Mar. 8 34 10 19 33 434 Mar. 28 94 89 40% Sale 134 134 34 Sale 134'Sale 7 734 134 6% Feb. 27% Jan. 43% Jan. Feb. 70 7 Mar. 21 2234 Feb. Feb. Mar. 95 77 60 26 Sale 1 Mar. 15 Mar. 11 2 101 Mar. 96 89 69 V* Sale 27% Mar. Mar. 95 Sale olf l?A Sale 24"" 44% Sal© 334 5 9% 11 20 —- 3334 17 13 14 Feb. 6 11 15 Jan. 7% Jan. 1334 Jan. 7 234 Jan. 95 100 34 Jan. 4 4 Mar. 28 134 Jan. 7% Jan. 3 5 29 10 8 534 Mar. 31 Mar. 12 Mar. 28 Mar. 18 Mar. 2634 Feb. 4934 Fob. 3 34 Mar. 23 934 Mar. 14 634 Mar. 63 95 34 100 113 114 Sale —100 cl A..* 7 Mar. Mar. 21 Sale Sale 17 J4 34 1034 Sale 31,900 Diamond Match * 13,800 Participating 6% Pref—25 94,500'Dome Mines Ltd. --* 19,800:Dominion Stores ...♦ 22,400 Douglas Aircraft Co Inc.—.* x 1 Mar. 5 Mar. 22 63 Sale 8 9 Mar. 17 Mar. 14 9 2434 Sale 43* 8% 334 Sale 234 134 5 13 1334 100 Mar. 96 734 60 69 % Sale 13 Sale * 800 Dpvoe Ac Reynolds A.. 1st Preferred 120 Mar. 17 Mar. 9 Mar. 15 65 Sale Sale 75 5 23 11 15 3 23 9834 10 734 Sale 5a Mar. Mar. Mar. Mar. Mar. Mar. Sale 9 8% 9434 * Davison Chem 5 234 134 73a 1234 534 4 7% 70% 24 —--* 8,800 Cutler-Hammer Mfg 28,500 Deere & Co prei 12,000 Detroit Edison §28 434 Feb. 22 34 Fob. 8 5 4 Jan. 1 6634 Mar. 8 1234 Mar. 4 334 Mar. 26 1934 Mar. 17 Mar. 24 5634 Mar. 11 1034 Mar. 17 2434 Mar. 29 Jan. Prices 11% Feb. 13 Mar. 30 534 Feb. 16 Mar. 15 Mar. 7 534 Mar. 26 39 16% Sale Sale Sale Preferred....——..—100 Cudahy Packing 50 110 Curtlss Aeropl Ac Mot Co Inc * 18,100 Curtiss Publishing Co..— Preferred 7,700 235,200 Curtlss-Wright Corp ...-* Class A... 45,000 280 Cushmans Sons 7% pref.. 100 Mar. 21 5 88 43 —* 20 57% Sale IP gj* 22 ....———-* 10 17 Mar. Mar. 8 10934 Sale 10934 Mar. 28 120 Mar. 22 4934 4934 48Mar. 1 50 Sale 3134 Mar. 9 24% Mar. 28 Sale 27.34 Sale Mar. 11 Mar. 28 95 9734 90 9434 90 734 Mar. 26 10% Mar. 7 754 Sale Sale 80 Mar. 17 75 Mar. 31 Sale 94 34 75 9 10 Mar. 12 1034 Mar. 8 Sale 34 6 934 Mar. 5 634 Mar. 24 9. 3J* 25 40 40 Mar. 19 Sale 70 Mar. 31 7034 70 Mar. 9 1134 Mar. 31 1134 Sale Sale 82 8134 2934 Sale 2954 Mar. 31 41% Mar. 9 Sale 7 34 Mar. 24 634 7 634 Mar. 29 Sale •434 Mar. 7 334 Sale 334 Mar. 29 Sale 5334 Sale 5334 Mar. 31 6834 Mar. 11 Mar. 834 Sale Sale 834 Mar. 16 11 2634 2354 Sale 2334 Mar. 31 26% Mar. 17 34 Mar. 12 2134 Mar. 1734 Sale 1834 Mar. 8 17 Mar. 28 20 1734 19 Sale 64 Mar. 24 68% Mar. 14 6434 100 Cuba Cane Products Cuban American Sugar 24,900 1. . 100 — 240 70 22 —....* 940 Crown Wil P 1st pf 3,000 Crown Zellerbach No par value 100 * 100 Crosley Radio Debenham Securities """Ho 85 xl2 Sale 3 De Beers Consolidated Mines. 12,100 5,200 13% Sale -.-.--* — Cream of Wheat Crex Carpet 11,400 1,570 1,700 21,700 8,800 3,043 9,700 7 3 8 12 26 65 Continental Bakcl A.......* Class B_....... 167,200 2,020 41,300 7,900 13,600 7,800 11,730 3,100 ! 8% 6% 5% 8 Container Corp class A....20 Class B * 161,950 Continental Can... * 7,600 Continental Diamond Fibre * 10 46,700 Continental Insurance 52,300 Continental Motors......—* 234,300 Continental Oil —* 85,300 Continental Shares 81 13 Mar. 16 334 Mar. 23 534 Mar. 31 1034 Mar. " 8% 11 8 61 Pref 15 25,100 16,800 27,700 6,411 10,600 30,400 40,800 15,900 Sale 1034 Warrants Commercial Congoleum-Nalrn Inc... * Congress Cigar. * 30 Conn Railway Ac Lighting 100 6,400 Consolidated Cigar...— * 390 1-200 * ........ 6H% preferred—.—.100 Convertible preferred * 600 „ Preferred B —25 1st preferred.........—100 Preferred............—100 11,900 400 4 100 -—* 900 382,650 1,000 49,000 8,300 100 * Preferred B Columbian Carbhn 880 ; 3,000 48,400 1,900 11,100 6,200 114,000 23,400 52,300 1,340 16,500 3,800 7,300 1,200 4,330 1,600 100 Ac El PreferredlOO 9 2 534 Mar. 17 1234 Mar. 17 % 2 * 10% 834 Sale *, 15% 16 *, 95 100 100 • 10654} Sale 105,000 Comm InvTrust 156", 500 4,200 6,700 342,900 ; 11,900 6,600 6,700 1,300 3,300 10,100 10,000 4,700 11 ' Preferred. 34 Feb. 1! 7| 9 834 Mar. 31 234 Mar. 19 Investing...........100| 1.700 Columbia Pictures Corp v t c* 545,824 Commonwealth At Southern * Preferred 21,100 —• * 65,321 Commercial Credit Class A —50 4,500 Preferred 7%........—25 650 400 2",200 434 Mar. 28 7 Equipment 5 200 Cluett, Peabody & Co *240 Preferred 235,000 Coca Cola 8,900' Class A • 27,400 Colgate-Palmolive-Peet Co—* Preferred 4,900 —......-100 * 28,200 Collins Ac Alkman Preferred 100 1,100 * 7,900 Colonial Beacon Oil Co -* 10,700 Colorado Fuel At Iron Mar. 31 70 1 2,100 Clark 490 " Mar. 28 Mar. 29 _ 1 53,300 City Stores-. Class A—— 670 1,600 200 Mar. 10 .... 140 24,400 2,900 7 Mar. 17 Mar. 31 3,790 Chickasha Cotton Oil 10] 27,400 Childs Co 270 Chile Copper 25] 2,420 Christie Brown & Co Ltd.. ' 905,1001 Chrysler Corporation 16,100 City Ice Ac Fuel... Preferred 1,220 1001 520 180 Mar. —.100 51,400 Chicago Pneum Tool Preferred 8,500 650 Chicago Yellow Cab.... 198,566 35,400 Mar. 28 — 108",660 900 210 ~ 147,000 Cerro de Pasco Copp * 6,100 Certain-Teed Prod 700 7% preferred..—.100 43,100 Checker Cab —....... 179,300 Chesapeake Corp 207,300 1,700 —100 2,270 100 ...* 94,500 Caterpillar Tractor. 1,130 Cavanagh-Dobbs, Inc......* 920 Preferred.........——.100 17,500 Celanese Corp of America * 2,500 Celotex Co Voting trust certificates..* 2,500 270 Preferred...... ......—100 9,500 Centra) Aguirre Associate#.• * 4,000 Century Ribbon Mills.. 110 163,500 5,000 22,121 c Case (J I) Co Pref 7% 7,900 Columbia G Common 505,449 "2",800. * Capital Admin Co Ltd 60 City 'MOO Mills— Mar. 31 Mar. 3 Sale 2 334 Mar. 6J4 Mar. Highest. Prices. 834 Jan. 3; Mar. Mar. 30 Mar. 21 Campbell W & C Foundry.—* Canada Dry Glng Ale —* Cannon Sale 1034 Mar. Call f Packing Corp Callfnia Petroleum.,..——25 "2", 100 Callahan Zinc-Lead..10 —25 24,000 Calumet & Heel a 7,100 42,200 5,700 7,900 3,600 Lowest. Highest. Sale Prices Par. 18,500 234 44,900 3,700 EXCHANGE] Jan. Jan. 4 76 10 Mar. 31 3 11 18 9 21 3 34 Feb. 1 90 Mar. 12 5 67 7 14 14 15 Mar. 29 Mar. 7 Jan. 21 534 Jan. 15 1534 Jan. 15 - 134 ""5" iirA Sale Sale 12 im 2i% 15 Sale Sale Sale Sale 14% 1534 11% Sale 21 2234 11 Sale 1% 3 834 Sale 9834 Sale 11 9134 14% Sale 24 24% z934 Sale 15% Sale 9 18 9 734 Mar. 30! 98 734 Mar. 30 10% Mar. 98 Mar. 29 11534 Mar. 13 Sale Sale Sale Mar. 29 122 85 Mar. Mar. 16 Mar. 10 Mar. 18 1434 Mar. 23% Mar. 934 Mar. 31 15 9 Mar. 28 Mar. 28 1734 Mar. 28 8 Mar. 24 85 Mar. Mar. 11% Mar. 221 Mar. 11% Mar. 5 Mar. 16 12% Jan. 21% Jan. 735 Jan. 13 13 Jan. 734 Jan. 1734 Mar. 28 8 Jan. 14 1334 Feb. 24 1034 Jan. Mar. 24 95 Feb. 15 15% Mar. 10 24% Mar. 18 11% Mar. 18 Mar. 13% Feb. 23 Feb. 5 5 1 25 12% Feb. 17 EXCHANGE-STOCKS N. Y. STOCK AGGREGATE SALES.\ PRICES IN MARCH. STOCKS Jan. 2 51 % 323,297'Drug. Preferred... 100 — 640jl)uque8ne Light 35,700 1,797,600 90 10 90 ....* 100 ... Baton Axle A Spring.. E 1 duP de Nem A Co 92% 20 11,200 6% cumul preferred....100 23,600 Eltingon Schild.... 12,200 Preferred k%% 1»0 543,400 Electric Auto-Lite Preferred............ 45,900 Electric 29% 100 1% Sale * 1 _ 91 4 Mar. 17i 90 89 Feb. 13 1* Feb. 5j 4 10* Jan. 23 25 101* Jan. 8 101 97 Mar. 14 Feb. Feb. 3 Mar. 14 97 57 Mar. 28 924 Feb. 4% Mar. 2 5% Mar. 5 72* Mar. 31< 84* Mar. 7 110 Mar. 22 115 Mar. 28 Sale 6 Sale" 6 Mar. 16: 7% 45% Sale 45% Mar. 311 58% 103% 104 101 % Mar. 1 105 % % Mar. 3 * 4% 6k 6% Mar. 16 6% 20% Sale 20 Mar. 31 32 % 93% Sale 9334 Mar. 31 100 1% Sale 1% Mar. 1 2% Sale 97 100 Boat 96 73 111 ..... 920 Mar. 14 Sale Prices. 47* Mar. 28 55% Mar. 5 1% Mar. 10 Mar. 14 Mar. 28 Highest. Prices. Jan. 20 "~3* 3% 5 78% Sale 112 6% 7 54% Sale 101 % Sale • 1 10 Sale Price« 101 20 100 Sale I 47* Mar. 28 12 Lowest. Highest. Sale Prices. Sale Sale 1 95 • .Lowest. Ask. 48 91 1st pref._100 Durham Hos Mills pref Preferred 10 Sale 2 12 101 1% * • 2,900 Eastern Rolling Mill 338,500 Eastman Kodaa 450 Ask. Bid. Bid. Par. 1,200 Dunhill Int 1,800 Duplaa Silk ! March31. March 1. 1932. Shares. 401 RANGE SINCE JAN. 1. Price N. Y. STOCK EXCHANGE Since Jan. 1. 35 Mar. 99 3 Mar. 7 98 2 Mar. 16 Mar. Jan. 5% Mar. 5 14 18 19 19 5924 Feb. 6 105 Mar. 17 9 Jan. 15 * Feb. 5* Feb. Jan. 134 12* 20 Mar. 31 3224 9334 Mar. 31 100* 134 Jan. 6: 2* 7 Mar. Jan. 424 Jan. 45* Mar. 31 Mar. 17 Mar. 21 10! 8724 Jan. 22 119* Feb. 4! 8 Feb. 68* Feb. 6 6 Mar. 7 16 Mar. 5 8 324 Mar. 8 1524 Mar. 5824 Mar. 9 8 29 Mar. 31 64 Jan. 14 Mar. 11 28 Mar. 31 55* Jan. 14 Feb. Jan. 6 Elec & Musical Ind— 130,300 612,500 14,250 11,000 American shares 3 1— w Elec Power A Light....... Preferred certificates Preferred 3% Sale 12% Sale Sale 3% Sale 7% Sale 3 Mar. 29 11% Sale 48% 52 43% 45 55 Sale 29 Sale 29 47 Sale 28 Sale 28 26% * (6) 30% Sale 25 Sale 24% Mar. 29 % Mar. 1 % Mar. 5 7% Mar. 31 Mar. 31 Mar. 31 50 224 Jan. 4 7* Mar. 31 4 Jan. 8 15* Mar. 9 Rights 26,400 Elec Storage Battery * 5,240 Elk Horn Coal Corp... ..* 4,660 Preferred ........50 Sale % Sale % % % * — 7 1 5 3334 Mar. 34 Mar. 34 Mar. 2424 Mar. 29 * Jan. 13 * Jan. 13 33* Mar. 7 * Jan. 13 * Jan. 13 Emerson-Brant cl A Class B • Emporium Capwell Corp JX • 1,600 |6 cum preferred Preferred 13% Sale 3% 4% 2% 10% 6 6% ilH 80 100 ..........25 Preferred 7% preferred Pref ctfs of deposit 4,600 Fairbanks Morse.. 100 3,300 Fashion Park Assn.. 1,070 Preferred... 4,600 Federated Departm't Stores.* 1,100 Federal Light A Traction..15 210: Preferred 1,700,Federal Screw Works.......* 2% 1% 50,400.Federal Water Service A....* 31,900 Fidelity Phenx Fire Ins....10 470 Fifth Avenue Bus... 4% 23% 6% ....* 10 Fllene's Sons.. lOfc * Fuller Co prior pref 190 2d preferred 1,265 Preferred 8,200 General Bronre 4,100 General Cable... 1,660 Preferred 7% 8,400 Class A 750 —...» * * Class B 420 680 250 3% 18% Sale 2% Sale 60 65 16 % 25 Mar. 9 21 Mar. 5 25 Mar. 2* Mar. 23 1* Mar. 2 10* Mar. 16 2 2 Sale 1% a 6% Sale Sale 21% Sale 7% Sale 7% 7 2% 48% Preferred...... General Refractories 9 8 Co. Mar. 7 89 Mar. 31 12 Mar. 15* Mar. 8 12 Feb. 9 57 51 Sale 51 Mar. 59 Mar. 5 4 48% Sale 46* Mar. 53 Mar. 7 5024 Jan. 4134 Jan. 15* Mar. 8 59* Jan. 26 5 53 * Mar. * Mar. * Mar. 1 9 2 Mar. 4 7* Mar. 7 % Sale % 11* 7* 10 82 5% 9% 10 95 1 5 8 6* Mar. 30 7 Sale 50 Sale Mar. 29 7 Mar. 31 8 12 2% Sale 18 334 Sale 64% 16 * Sale 2% Mar. 24 17* Mar. 29 3 9 9 Mar. 8 19* Mar. 3 Mar. 16* Mar. 31 4 25 12 2% 50% 24 Mar. 23 11 Mar. 24 1 14* Mar. 18 11 7 12 Mar. 30 234 Mar. 24 1534 Feb. 10 224 Jan. 2 60 Jan. 5 1534 Jan. 4 Mar. 10 Jan. Mar. Jan. Jan. Jan. Jan. 30 24 Feb. 5 Feb. 11 11 "2* 32 14 9 14 14 15 Feb. 9 1* Jan. 4 11 17 Jan. 3 49 Feb. 8 61 8 28 Jan. 4 12 Sale Sale 35* Mar. 1024 Mar. Mar. 8 12 13 1024 Mar. 28 Sale 16 Mar. Mar. 4 11 98 100 100 Mar. 2 Mar. Mar. 11 3 97 2 Jan. Feb. Mar. 21 124 11* 334 2824 89* Jan. Feb. 1^ 13H 4 105 3% Sale 2 2 17 Sale 4 d* Sale Sale 25 30% 39% 40 24 20% 31% 29% Sale 22% 23% 32 88* Sale Sale Sale 83 Sale Sale Sale 85 Sale Sale Sale Sale 88% 4 3% 7% 3U Mar. 124 Mar. 1124 Mar. 3% Mar. 32* Mar. 89* Mar. 17* Mar. 10* Mar. 34 34 Mar. 134 Mar. 20 26 Mar. 8 Mar. 10 Mar. 22 Mar. 7 Mar. 21 9 Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. 3 Mar. Mar. 11* 2434 32* 87* 15* 7934 324 Mar. 11 2 Mar. 11 Mar. 10 Mar. 17 Mar. 3 Mar. 12 10 5 40% 6 Sale Sale 54 2% 27 Sale Sale 67 Sale 64* Sale 23 29 Sale Sale Sale 15 Sale 62 5% 44 50 Sale * 17 * 48 Sale Sale * 8 Preferred 100 Preferred ex-warrants..100 50 50 Sale 434 Sale 1234 15 15* Sale 21 / Sale x55 ! 55 52 H 1*» Sale 10* Sale 6534 Sale Sale 3* 12* Sale 13* 1124 Sale Sale 44 9* Sale 6534 Sale Jan. 14 Mar. 14 9 Feb. 17 10 11* Mar, 241 8 21* Jan. 6 31* Jan. 86 Jan. Feb. 24* Jan. 25 Mar. 37 Feb. 88 Jan. 24* Jan. 15* Mar. 79* Mar. 3* Feb. 87* Mar. 6 Mar. 1 10 1 44 8 19* Mar. 28* Jan. Mar. 75 90 24 Mar. 1434 Mar. Mar. Mar. * Jan. 1234 Jan. Mar. Mar. Mar. * 18* 6234 1% Mar. Mar. Mar. Mar. Mar. 14 Mar. 534 4834 534 1624 90* Mar. Mar. Mar. Mar. Mar. 75 Sale 13 Mar. 10 Feb. 15 Jan. 9 Sale Sale ~ 5 Sale ,7/» 2 38* Mar. 24 101 Feb. 10 26* 2 Jan. 11* 5 Jan. 40* Mar. 28, 2* Mar. 91 11 9 1 4 29* Feb. Mar. * 8 Feb. 16* Jan. 5* Jan. 40 Mar. Sale ~ Mar. 21 Mar. 1% 9 Feb. 19* Mar. n* Jan. 1 m 20 Sale 13* 19% 8 15* Jan. 15 19* Mar. 4 27 105* Mar. 11 26 Sale 14 14 16 5 Mar. 30 Jan. Feb. Mar. 15 Sale 1 Sale Jan. 3* Jan. Mar. 7 8* 17* 10* 3124 1* Feb. 13 Mar. 17 Mar. 4 Sale * 20 2 4 13 "A" Feb. Jan. Mar. 100 1,300Gould Coupler 10 Mar. 93 16,100 1st preferred 36,700 Gotham Silk Hosiery 7 80 Mar. Sale Sale 100 Mar. 18 * Jan* U * Jan. 9 1* Jan. 18 Mar. 17% Sale 7% preferred 158,900 Goodyear T A R Jan. 6* Mar. 30 29 1 % 11 3 83 6,000 Mar. 31 7* Mar. 7 1034 Feb. 19 1 Mar. 28 Sale • 9 7 94 25 5% Sale. Preferred Jan. 4 Mar. 10 3* Mar. 21* Mar. 3% 22 % 75 % Gold & Stock Telegraph..100 57,700 Goodrich (B F) » Feb. 1 Feb. 2 Feb. 3 Mar. 28 Feb. 5 95 234 45 • Mar. 31 * 34 34 724 Mar. 14 * * 7 65 6 Sale 12 10 95 4% 6 2% 3% 19% Sale 3% Sale 64% 18% Sale 2 * Mar. x 34 Mar. 4 34 Mar. 29 7% Mar. 28 Sale Sale 100 2724 Jan. 15 8* Mar. 8 Sale 13% 100 8 6 14 Sale Mar. 31 * * Feb. 6* Feb. 18 Jan. 2* Mar. 50* Mar. pref erred. .100 Brothers 20 2 29 ....* 7% preferred Mar. 8* Mar. 3* Feb. 10* Mar. 16 Sale ... Convertible No par value. 7 94 27 9% Sale 186.800 Gold Dust certificates ..._.* • Mar. Mar. 134 Feb. 10 334 Jan. 4 70 Sale 6 ....... 7% prior preferred.. 42,080 Gobel (Adolf) 390 Mar. Mar. Mar. Mar. Mar. 30 25 Jan. 8 Jan. 7 Jan. 25 Mar. 11 Mar. 9 30 3% 100 200 800 124 424 21* 734 Sale 30 33 Sale Gen Steel Castings pref * Gen Theatre Eq v t c __._* Gillette Safety Razor * Glidden Mar. 2 Mar. 13* Mar. Mar. 14 x20 8 Jan. 21 10* Mar. * Preferred Girnbel Sale 1* 16 * Gen Realty & Utilities Corp.* 4 12 33 30 3 * Mar. 20 . Mar. 89 50 94 3 * 32,824 General Public Service 43,050 General Ry Signal 18,100 11,600 6,400 710 101,800 898,300 28,700 10,700 6,830 20,400 75 20 Preferred Mar. 24 1* Jan 4 14% "8% Sale" * * 29 30 3 2 4% Sale 22,200 Preferred (5)... 22,000 Gen Outdoor Advertising 2,600 A 1,490 General Printing Ink.. 7 4 3 ilH Sale 50 25 2,400 Preferred .......100 3,852,350 Gen Motors Corp, .....10 Mar. 10 Mar. 8 Mar. 64 Sale * Jan. 5 11 12 28 334 Mar. 31 4* Mar. 23 524 Jan. 19 22 1% Sale 16,500 General Mills 85 7 34 • 27 6 95 Sale Preferred A (7) Jan. 1* Mar. 31 234 Jan. 6 3* Mar. 31 Jan. Sale Preferred A (8) 3,100 Conv preferred A 1,000 General Italian Edison 75 Jan. 100 110 Mar. 21 Mar. 31 Mar. 23 10* Mar. 31 11 — Jan. 17 Sale —* 7 Jan. 53 ..* A Elec Cl A Jan. Mar. 11 * ..... 67,400 Gen Gas 5 30 9 1124 Jan. 8 64 Sale 100 5 18 10 Preferred (7) 2,419,250 General Electric...... 108,400 Special 354,500 General Foods 234 Mar. 6224 Mar. 28 85 25 ... 29 94 80 5 8 5% Sale —* 100 734 Mar. 29 62 Sale ...—....5 69,800 General Baking Co.........5 4 6 Mar. 16 Jan. 21% * * 19,800 Gen American Investors * 3,400 Preferred........... 100 126,300 Gen Amer Tank Car...._...* 38,500 General Asphalt 3 19 Mar. Mar. c 57 6124 Mar. Mar. 3% 4% 4* 4724 1* Mar. Mar. 29 Mar. 5 8 4 27 30 J J * 2,700 Gabriel Co (The) Class A...* 3,187 Gamewell Co (The) • Jan. Jan. Jan. Jan. 55 % Sale 500 Food Machinery Corp......* 14,700 Gen Cigar Inc 4 42* 17* 3* 1* 924 20 25 51% Sale Preferred 6%..........100 10,000 Follansbee Bros .........* 310 Franklin Simon pref 93,400 Freeport Texas Co 134 Mar. 1 56 20 ...* Mar. 29 Jan. Mar. 7 75 Mar. 134 Mar. 334 Mar. 334 Mar. 46 3 13* 73,500 Flak Rubber * 7,490 First preferred .....100 1,480 First preferred conv.... 100 2,300 Florshelm Shoe class A ....* ..... 75 Mar. 16 Mar. 7 89 '92" 1,185 Preferred..............100 29.600 Firestone Tire A Rubber...10 11,900 Preferred 100 56,200 First National Stores * 7% conv preferred........* 2,700 Foundation Co * 22,200 Fourth Nat'l Investors ..1 93,700 Fox Film "A" » Mar. 5% Mar. 78 22 66,200 Foster-Wheeler Mar. 10 7 57 66 15 —100 Motor Truck.... Mar. 4 Jan. 36* Feb. 15 9 10734 Mar. 17 Jan. Mar. 31 25 Feb. 16 Jan. 12 51 Feb. 23 27 25 20 63 20 Mining A Smelt..100 Preferred 1,200 Federal 51 25* 100* 1534 44* 6124 1824 7% 2% 10* 1% Mar. Sale 3* i!M 24 18* 12 ... Gardner Motor 5 48 Mar. 17 Mar. 9 Mar. 4 2 % 1% Sale 3% Sale 3% Sale 4 29% 1% 1% ....100 54 2% 10% h* rl* Mar. 10 22 5934 Mar. 1734 Mar. Sale 1 36 Mar. 1534 Mar. 4824 Mar. Sale 6 4% 4% * 18 6 2 100 105 59% Sale 2 Ss —...—100 "33* Mar.' 8* 48 61* 100 Fairbanks Co 80 180 300 Federal Sale 54 57 * 10,800 Equitable Office Bldg ......» 8,000 Eureka Vacuum Clean • 2,500 Evans Auto Loading Co 5 1,545 '.xchange Buffet Corp......* 2,8001/alr (The) Co • 770 31* 33 33 33* 106* 117 104% 110 21 24 15% Sale 51 53% 42 7,400 Endicott-Johnson 50 1,400 Preferred... ....100 3,600 Engineers Pub Service 1,300 Preferred * 3,100 Preferred (5*%) 10 Mar. Mar. x54* Mar. 3 7 8 Mar. Mar. 3 9 14 60 Feb. 5 Mar. 7 Mar. 10 4 Feb. Mar. Jan. 8 Mar. Mar. z50 Mar. Jan. 2434 Mar. 6834 Mar. 2% Jan. Jan. 1* Mar, Mar. Mar. Mar. 14 Mar. 31 4* Jan. 42 Mar. 17 Mar. 9 16 Mar. 18 86 Jan. Jan. 1* Mar. 16* Feb. 14* Jan. 16 Jan. Mar. * Mar. 10* Jan. Mar. Jan. Feb. Jan. Feb. 7 Jan. 54 5* Jan. Jan. Mar. Feb. 6* Jan. 19* Mar. Jan. Jan. 95 Feb. 3* Mar. 28 13* Mar. 30 10* Mar. 31 1824 Mar. 44 10* Mar. 31 61 18* Mar. 43 Mar. 31 9* Mar. 31 65* Mar. 1 424 Mar. 15 Mar. 8 5 9 Mar. 10 11* Mar. 65* Mar. 8 1 3* Mar. 28 12 Jan. 5 5* Jan. 17 Jan. 14 8 9 Mar. 10 Jan. 6 61 7* Jan. 50* Jan. 5 11 11* Mar. 65* Mar. 8 1 ... 1 1% * 1 * * Mar. 29 I"~Maf."l4 * Mar. 29 1 Jan."II n. y. stock 36 aggregate sales, Price Jan. 2 1932. 1. Jan. Shares. Shares. 22,900 6,700 32,700 160 11,500 2,300 12~666 9,200 6,600 1,560 110 42,700 500 * 128,300 Graham-Paige Motors.. 17,700 Granby Cons M S A P....100 * 68,600 Grand Sliver Stores 160 Grand (F A W) Stores pf_100 • 28,300 Grand Union Preferred * 7,300 6 50 Gulf States Steel..... 7% 1% 30 8.400 27,100 3,300 9,600 * Sale Sale 8,400 Hall Printing............ 4,200 16 Preferred 10 1~666 300 1,700 800 40 420 8,500 7,900 600 2,300 9,400 5,900 11,700 3,200 31,900 23,600 7,200 29,000 15,200 * ... 25 7 ♦ 25 27 100 93 100 » 80 Sale ...» • * » 100 79k 80k 194 Sale 10k 10*4 5k 8 12634* 130 2*4 Sale 56 k 57 % 17% 18 3*4 Sale * 13 * ... 10 k 10 Preferred 100 10 82,100 Ingersoll-Rand * Preferred Sale 4 % Sale 25 nl* 24 * 20 c, Sale Inland Sale Mar. 7 13 Mar. 30 Sale Mar. 30 % Mar. *4 % 3% Mar. 8 20*4 Mar. 26% Mar. 1*1 Mar. 13*4 Mar. 31 29 20 20 20*4 27 26% 1% Sale 1434 13*4 7 Mar. 16 6 29 24 13 Mar. 70 Mar. 8 8 13*4 Mar. 30 1*4 Mar. 3 *4 Mar. 7 7 20 Mar. 12 Mar. 8 65 Steel Insuranshares Corp (Del.). New 30 3k Sale 1 .... 30% 92% 100*4 25 Sale 79 80% Sale 2 n!K m Sale Sale Sale 7 Sale 3% Sale 1 1% 19 1% Sale 34 % 34 23 22 73*4 Sale % Sale 27 10 Feb. Mar. 68 Mar. 65 Jan. 8*4 Mar. 31 11 Mar. Mar. 4 Mar. 8 Mar. 1% Mar. 7 8*4 Mar. 15 1*4 Mar. 3 2% 3 6*4 78 Mar. 9 Mar. 10 8*4 Mar. 28 10" 156 100 31,000 1,800 11,300 16,900 4,600 54",800 3.500 40,800 118,100 3,700 Insuranshares Ctfs Inc 3k * * 4,400 Intercontinental Rubber • 12,600 Interlake Iron • 7,200 Internet Agriculture Prior preferred 100 2,500 * 113,300 Int Business Machines 2,300 2,600 3,600 8,900 Internat Carriers Ltd 29,400 79,400 25,100 1,300 184,800 7,200 93,700 230,600 4 Sale Sale * ... Internat Combus Eng Preferred k 4*4 • Preferred certificates Internat Harvester, * 7% preferred 100 Internat Hydro-Elec Sys A..* Internat Match pref 25 11,200 Internat Mercan Marine : • * ' / aya Sale 108 Feb. 19 Mar. 7 21 8*4 Mar. 31 70 15 Jan. Jan. 1*4 Mar. 15 *4 Jan. 6 7% Feb. 18 10 1 300 5,800 Internat Paper & Power cl A * Class B • 2,600 Sale 12,400 10,900 6,400 22,500 580 Preferred 390 7% 100 200 1,700 10,200 70,906 240 6,070 7,200 66,500 182,800 140 270 "l",766 2.922,000 85,500 • 58 * 1 Sale 6,700 Jewel Tea Inc.... 522,600 Johns-Manvllle 17 100 3,120 Jones k Laugh Steel pref. 1C0 460 Kansas City Lt 1st pf Ser B * 2,700 Karstadt (Rudolph) * 19,400 Kay ser (J) A Co 25,500 Kaufman Dept Stores..112.50 400 Kelth-Albee Orpheum pf.100 * 126,800 Kelly-Springfield Tire 6% preferred..........100 1,160 Preferred H% 13,975 ....100 32,600 Kelsey-Hayes Wheel.. ...» 239,000 Kelvinator Co. 830 Kendall Co pref A_._.__ * 466,600 Kennecott Copper .......1* * 1,600 Kimb er ley-Clark * 3,400 Kinney (G R)........ 8% preferred...........100 10 7% preferred 100 330 Kresge Dept Stores...... * 30 8% preferred.. .....100 3,600 Kress (S H) A Co .* 210 ... 4,261,200 Krueger A Toll Co 217,700 Kroger Grocery A Bak Mar. 6*4 Jan. cum preferred. Sale 17*4 Sale 10*4 Sale 7*4 8*4 40*4 68 43 54*4 Sale 2 Mar. iva 95 Mar. 83 Mar. 8 73*4 Mar. *4 Mar. Mar. 10 Mar. 15 Mar. 3*4 Mar. 5 10 2*4 Jan. Mar. 53 8 Mar. Mar. Mar. Mar. Mar. 8 Mar. 7 Mar. 3 Mar. 5 16% 3*4 9*4 5*4 2*4 1*4 Mar. 5 3% 9% 5*4 2*4 Feb. Jan. Mar. Feb. 27 23*4 Jan. 17*4 Mar. 2*4 Mar. 23*4 Mar. 3*4 Mar. 17*4 Mar. 26 2*4 Mar. 31 24 2 Mar. 7 7 26k Mar. 7*4 Mar. 10 4*4 Jan. Jan. Mar. Mar. Mar. 4*4 Jan. 90*4 Feb. 2*4 *4 2*4 *4 Mar. Mar. Mar. Mar. 3*4 Mar. 17 % Mar. 7 5 Mar. 4 Mar. 3 1 Mar. 3 5 Mar. 31 2*4 *4 2*4 *4 19 Feb. 13 4k Jan. 14 8 Jan. 12 3* Jan. 7 19 22 9 18 9 13 14 15 15 29 18 8 9 8 28 Jan. 30, Jan. Jan. 5 10 117 0 3 Mar. 5% 10*4 Mar. 29 18% 7 *4 Jan. ih 117 Mar. 9 Mar. 4 Mar. 8 10*4 Mar. *4 Mar. 10*4 Mar. 17 Mar. 4 3 17 Mar. 2 20 25 Mar. 8 20 Mar. 311 Mar. 10 Mar. 9 Mar. 3 Mar. 9 95 Mar. 24 108 1*4 Mar. Mar. 95 101*4 11*4 21*4 3*4 Mar. 8*4 Mar. 3*4 Mar. 2*4 Mar. 474 Jan. 4*4 Jan. Jan. 31 92*4 Mar. 3 12 8 11 1*4 Jan. 9 Jan. 2 1*4 Jan. 21 38*4 Mar. 7 39*4 Feb. 19 *4 Feb. 1*4 Jan. 26*4 Mar. 26 9 Mar. 16*4 Jan. Ilk Jan. 5*4 Jan. Mar. Mar. 1*4 Mar. 10 38*4 Mar. 7 39*4 Mar. 9 134 Mar. 12 8 12 14 10*4 Mar. 10 7 130 k Jan. Mar. 5 5 57 % Jan. 24*4 Mar. 8 5*4 Mar, 8 Feb. Mar. 18 Jan. 1*4 Jan. 11*4 Jan. Feb. Mar. 29 Feb. Mar. 83 5*4 Jan. 110 Mar. Mar. 7*4 Sale 86 6 12 Mar. Jan. Jan. Jan. 21 Jan. 15; 29! Jan. Feb. Jan. 11*4 Mar. 8*4 Feb. 3*4 Mar. 2*4 Mar. 24 k Feb. Jan. 4 1*4 Sale *4 1 % *4 6*4 Sale 434 Sale 36*4 39 17*4 Sale 36*4 Sale 20*4 Sale 49 Sale 6*4 Sale 4*4 Sale 40 Sale 3634 Sale 7 4*4 1*4 19 7 20 3*4 Mar. ya a 11% Sale 3% 3% 7% Sale 25k 29 10*4 Sale 15k ' 20 9 103 110 85 53 102 36 14*1 Sale Mar. 2 Mar. 2 :24 k 8 Mar. Mar. 10 Mar. 14 Mar. 3 Mar. 7 Jan. Feb. 16 5 Mar. 30 Jan. Mar. 10 Jan. 14 15 Mar. 37 7 15 10 2 17 ¥ Mar. 16 44*4 Jan. 15 24*4 Mar. 10 65 Feb. 13 Feb. 11 48% Mar. 31 Mar. 29 5 3*4 Mar. 31 Mar. 31 3 36*4 Mar. 30 4*4 Jan. 23 5 ■1*4 Jan. Mar. 21 10*4 Mar. 31 Mar. 7 30 Jan. 4 3 1 5 15*4 Jan. 85 Mar. 31 102 12k Feb. 19 Jan. 9 Jan. 21 52 k Jan. 8 6k Mar. 16 2*4 Jan. 14 18 Jan. 14 11 55 4 Mar. 7 15 21 21 4 23 k Feb. 20*4 Mar. 90*4 Mar. 78*4 Mar. Mar. Mar. 9k Mar. Mar. 10k Jan. 2% Jan. lk Jan. *4 Jan. 11 Jan. 8k Mar. 86 Mar. 31 Mar. 10 6*4 Mar. 16 Mar. Sale 7 40 35 32 *8 Mar. 31 Mar. 10 Mar. Sale Sale Sale 90*4 Sale 88 Sale 53 102 8 25 112 Sale Sale 40 2*4 Sale 33*4 sv* 17*4 Sale 3*8 Sale Sale 37 l!£ 16 107 "34*4 7*4 16*4 Sale Vs *4 6*4 1*4 Sale 47 20 Sale 2*4 Sale 110 4*4 37 Sale Sale Sale Sale Sale 7 Mar. 9 Mar. 5 6 Mar. 9*4 Mar. 7 * Mar. 26 Mar. 31 7 Jan. 4 Jan. 12 Jan. 4 Jan. 2 7 Mar. 9 20 16*4 Mar. 2*4 Mar. 7*4 Mar. 22*4 Mar. 3*4 Mar. 10*4 Mar. 8 1 7 30 35 Mar. 5 2*4 Mar. 1*4 Mar. 45 Mar. Mar. 11*4 Mar. Mar. 29 1 Mar. Sale 10 14 Mar. Mar. 13 Sale 105*4 Sale 105*4 Mar. y\ 3 34 2*4 Mar. 30*4 33K Mar. 35*4 34 Sale *4 Mar. Sale 14*4 Mar. 110 Mar. 5 7 Mar. 6 6k Jan. 2*4 Mar. 18 25H 4!" 2!?J Jan. Jan. 15 38 Mar. 29 13 7 10 Mar. 31 Mar. 30 8*4 Mar. 18*4 Mar. 12 Jan. Feb. Jan. 14 13 110 19 5 Feb. 25 15 Jan. Mar. 28 12k Jan. Mar. Jan. Jan. 14 2 Mar. 19*4 Jan. Mar. 30 Feb. Mar. 6 16*4 Mar. 101k Feb. Mar. y» Feb. 26k Jan. Mar. 24 3 Feb. 35 84 4 1 1*4 Mar. P Jan. 7 16k Feb. 18 Feb. Mar. 31 113k Jan. lk Jan. Feb. 10 9*4 Feb. 5 1 34 Feb. 35 % Mar. 26 20 7 14 53 *4 Mar. 26 *4 Mar. Sale ily> ¥ i\ 19 Sale 102 35 37 370* 15*4 Mar. *4 Sale 20 Sale 40 27 8 lip 16 2*4 1 2 Mar. Mar. Mar. Mar. Mar. 32 12 Sale 7 Mar. 36*4 5*4 1*4 10*4 35 3 •1*4 15% Mar. Mar. Sale v ill% gg 8* Sale Mar. 18 40 Sale 84k 113k 40 10 105 20 Sale 25 Feb. 23*4 39*4 24*4 x53*4 11*4 9*4 40* Mar. 1* 33 tH 5k 12 Feb. 7 1 Mar. Mar Mar. Mar. Mar. 85 31 95k 100 81 L12 79 4 8* s¥a Mar. 5 7 2 Mar. 4*4 36*4 17*4 36*4 16*4 48% 7 Mar. 8*4 Mar. Mar. Mar. Mar. 6 7*4 5 Mar. 86 Mar. 7*4 1*4 *4 *4 Jan. 9% Mar. 7*4 Mar. 83 90 a* 15*4 Sale Sale 5*4 Sale * 5 33 37 Jan. Jan. Mar. Mar. k Feb. Jan. 9k Jan. 18*4 Mar. 13 19 22 5 23 6 19 7 9 7 9 8 14 19 23 14 9 22 23 14 7 8 24 21 26 8 100 8,300 Lee Rubber A Tire.........* 1*4 Jan. 12 2 78 Mar. 9 Mar. 10 12 130 5 8*4 Jan. 15 Mar. Mar. 12 Mar. 24 70 124*4 Jan. 72 Mar. 8 15 ....._ ........100 Preferred ...........100 * 192,300 Lambert Co 400 Lane Bryant..... No par value. Jan. 88 10 7 20*4 Sale 99 99*4 8*4 Sale 4*4 Sale 2*4 Sale 1*4 Jan. Mar. 15 Mar. 9 85 30k ... 36*4 20*4 5k 1 ........ 8 6 5 32 16 10k 57% * 100 282,850 Kresge (S S) Co 7*4 50 5,400 Island Creek Coal Preferred Sale 82% 8*4 Sale 2*4 1*4 8 79 19*4 Sale ♦ Sale 7% 4 3 52 ....100 Laclede Gas ~4,400 6k a Sale 100 preferred Kuppenheimer A Co. 103,900 7k Pref without warrants. .100 715 18* 38 360 360 56,300 1734 16*4 2354 Sale 95*4 100 20*4 ......... "1mb Sale Sale 1,800 Intertype Corp 9.600 Investors Equity........ 220 12 Sale Preferred 550 Sale Sale 120 230 Sale 1 * Preferred 1,170 Sale 11 100 1,037,562 Internat Tel & Tel 12,250 Interstate Dept Stores. 140 2,200 86,600 Sale * ......100 22,600 International Salt 72,400 International Shoe.. 32,000 International Silver 20 1,100 2,000 2,300 ........... 11,400 .......100 3.5C0 Internat Printing Ink * 270 488,912 7,850 Class C 85 Preferred 220 Sale 3 Mar. 4 14 6 .• Sale , 96 Sale Sale 4 Sale ivaSale 1% Sale Sale 1,000 1,900 2,200 1,000 4% 9 Internat Nickel of Canada..* Preferred 100 3,800 Sale 102 18 • 2% Sale 34 m 2% Sale % 1 7 12 30 Mar. 6*4 Mar. 30 5 Sale 990 Internat Paper pref 7%..100 658,300 4% Sale 150 241,500 1,100 .4" 5% % ik 6 Sale * Internet Cement 2% 16 11*4 Jan. 88 Mar. 11 Mar. 5 14 Jan. 19 20 72 Mar. 73*4 Mar. % Mar. 8 12 2 7 Rights "I~656 27k Jan. 2k Jan. 19 10 7% Jan. Mar. 24 *4 Mar. 1H Mar. 23 9 1 a 20 6 27 Mar. Sale Sale Sale Sale Sale 16 8 Mar. 19 26*4 Sale 90 % 17*4 Sale 2% Sale Jan. Feb. 20 19 26 Feb. 5 8 1*4 Mar. 29 13*4 Mar. 24 130 81k Jan. 2 1 3 Mar. Mar. 3% Mar. 22 9*4 Mar. 4 Mar. 7 13*4 Feb. 23 30*1 Mar. 8 13*4 Jan. 14 6*1 Jan. 8 35k 7 1*4 Mar. 15*4 Mar. Mar. 22 Jan. 7 11 12 25 30 Mar. 12 14 3 Jan. Jan. 9 7 3 1 Mar. 4*4 Jan. 7*4 Jan. 19 Mar. 9 53 *4 Mar. 20*4 Feb. 6*4 Mar. Sale 1*4 20 Mar. 10 11 Mar. 10*4 Mar. 55 3 It 5*4 Feb. 30 116 3*4 Sale 19*4 3% x9% 5*4 Mar. 30 31 21 24 5 5 1 *4 Mar. 30 Mar. 7 Mar. 16 Sale 54 12 9 Sale 6% 126 120 19*4 Sale 3% Sale 10% 10% 10% 1*4 33% 88 10 11 10 24 90 Sale 73 30 28 14 Mar. 7 Mar. Mai. Mar. Jan. Jan. Feb. Mar. Mar. Mar. Mar. 24 3% 1% 9 1% Sale 22 Mar. 31 2 9 65 8*4 Sale Sale Price* 4*4 *4 1*4 6*4 23M 12*4 24*4 10*4 4*4 66*4 20*4 Mar. 10 8 50 67 Highest. Prices. 30 Sale 30 105 3 14", 050 "4"200 Sale 100 14,700 Inspiration Cons Copper..20 4,300 1k 31k Sale .100 l6"506 "2"206 Sale lk Motocycle.. 14,700 Indian Refining 105,900 Industrial Rayon Corp 52,400 28,400 5*4 Mar. 1*4 3% 134 Sale 7*4 5% 10 1 *4 1% 70 70*4 75 129*4 135 129 k 128 8*4 6*4 8 8% * Motors .... 500 30*4 Mar. 1 9 3*4 Mar. 22 9*4 Mar. 4 35*4 Mar. 7 Mar. 14 50 68 126 28,400 Howe Sound 102,000 Hudson Motor Car 74,100 Hupp Motor Car Corp io'ooo 10% ,10 2 24*4 Mar. 30 1034 Mar. 28 Sale 27 Sale 8 Mar. 15 Mar. 7 7 Sale Sale 100 ... _ Indian Mar. 28 1*4 1*4 7% 1*4 70% * 77,256lHou8ton Oil of Texas 100 74,466 Voting trust certificates.25 6,900 Mar. 31 11 20 30,600|HoudaUle-Hershey cl B * 7,766.Household Finance part pf 50 1,800 7 3*4 Mar. 18 12 5 17 30 ...» 3,600 Hercules Powder 1,210 Preferred 17,806 Hershey Chocolate 16,700 Preferred 1,100 Hoe (R) & Co class A._ 7,066 Holland Furnace 17,300 Hollander (A) A Son 15,900 HomestaIce Mining 1,400 % Lowest. Sale Prices .......100 7% preferred 2,000 Hercules 600 Mar. 31 2 4% Mar. 31 % Mar. 21 1*4 Mar. 24 66 Hartman Corp class A 300 Sale" ..... 20 % 1% Sale Prices. 29 6 15 Sale 8 25 6 * Class B__ 9,700 2,190 Hawaiian Pineapple. 5,600 fayes Body 2,000 Helme (G W)_._ 3,700 3 32 Sale 4% 67% 6 20 10 .....100 Preferred.. " ""400 11 * 2,200 Hanna preferred 8,900 Harbison Walker Ref 400 13 5 10 20 Hamilton Watch 2,000 25 Sale ..100 Preferred.. 29*4 13*4 28% 12% 4% 58% 13% 1% % 3% 7 30 22 % 32 69 Sale Sale 7 18 25 Hahn Department Stores 2^ 27 % ....25 Preferred A 390 2% Sale 4% Sale 30* ..100 2,400 Rackensack Water 1,000 Sale 28 * 1st preferred a* Sale "m Preferred..............100 "4",200 Sale 3 700 Granite City Steel * • 35,600 Grant (W T) 28,800 Great Northern Ir ore prop. * 23,900 Great West Sug Preferred ..100 3,020 140 Greene Cananea Copper.. 100 ....* 120,900 Grlgshy-Grunow Co 600 Guantanamo Sugar..... * 50 Ask /la*. bid. Highest. Lowest. March 31. March 1. aid. Par. "loo ranoe since jan. 1. prices in march. STOCKS N. 7. STOCK EXCHANGE Since In March. exchange-stock: 100 160 85 44*4 Sale 4 2 V 2*4 150 89 89 "49*4 Sale 2 5 Sale 75 ..... 150 79 42% Sale 4 2 5 Sale 3k Jan. 42 2 Mar. 28 Mar. 1 54*4 Mar. 7 Mar. 1 2 28 56 k Jan. 3 k JaDU Jan. 5 2*4 Jan. 42 2 Mar. 28 14 28 8 N. Y. STOCK PRICES AGGREGATE SALES. In Jan. 2 Jan. 1. Shares. 700 28,500 47,800 T, 666 14,100 1,500 100 • 18,000 25,000 5,700 4,600 500 6,700 48,400 2,500 1,900 13,700 75,000 i Lehigh Portland 100 Lehigh Valley Coal........-* 2 Preferred 11 5% 9 —* Lehman Corn (The) I.eh 40% 42 160 298.500 4,600 90 "B"................——25 * Lily Tulip Cup Corp.. Loews Loft 7,500 4,400 1,000 3,200 ""150 250 20,500 9,800 85,700 23,000 10,800 3,400 160 1,400 237 29,500 45,200 2,600 5,300 300 10 250 100 100 * 100 800 26,089 8,500 2,600 7,000 200 12,800 130 7,200 . * 1,100 2,500 200 3,400 4,300 100 100 ..—25 —....—* 2% Sale 1% 2% 30% Sale 115% 116 % 75 83% 13 % Sale 1 1% 16 ..100 0%% preferred 0% preferred 100 21,900'McGraw Hill Pub Co * 15,700'Mclntyre Porcupine Mines..5 245,700!McKeesport Tin Plate....—• 41,300,McKe88on & Bobbins— * 13,200 Preferred 50 13,100,McLelIaii Stores class A • 530 Preferred.. 100 8 14% 2,000 MacAndrewa & Forbes Co—♦ 100 —* 75,100 Mack Truck Inc .* 105,700 Mficy • 13,200 Madison Square Garden —— 9,200 Magma Copper 2,700 Mallinson (H R) Co 10 7% preferred -.——109 ..100 2,460 Manati Sugar..... 470 7% preferred... 100 1,700 Manhattan Shirt • 2,100 Maracaibo Oil Explor 10 89,848 Marine Midland * 13,800 Marlin-Rockwell 11,500 Harmon Motor Car......—.* * 34,900 Marshall Field & Co .... 400 Martin Parry Corp 600 Mathleson Alkali'Works »st * lY* Sale aW 8 5% % 5 6,600 Mosta Machine Co 30 30 Mexican Petroleum......-100 65 85 tlOO preferred 10 800 7,400 19,900 320,400 200 4,200 3,600 4,400 4,500 3,600 450; 500 61,900; 300 74,500 1,700 290 50,000 1,900 65,600 14% Sale ~18~~ 17 35,900 1,100 Morrell (J) A Co.... 8,600 Mother Load Coalition 21,600 Moto Meter Gauge A Equip 10,800 Motor 16,700 * Products 55 3 6 7* * 191,000 Nash Motors Co 6,900 National Acme..———.—10 580 Nat Air Transport * 279,900 National Bellas Hess—* 7% preferred 100 2,600 218,700 2,400 760 27,100 67,500 2,000 National Biscuit 10 7% preferred Nat Cash 100 * Register A Nat Dairy Prod Corp —...—* National Dept Stores......_* 7% 1st preferred.......100 Nat Distillers Prod... $2 50 pref 1,700 Nat Enamel A Stamp 4,600 National Lead..... * 2,500 1,040 2,310 Preferred 150 430 Preferred 78,900 209,300 ..100 ..100 A.... ..100 B Nat Power A Light..... * 80 d" Sale 4 Sale 8% Sale 50 Sale Sale 10 8 22 7% 29% % % 21 Sale Sale Sale 1 % 1H 6 5% % Sale zl0% Sale Sale 8 17 Mar. 1 22 Mar. 8 Jan. 6 22 Mar. 8 26 Mar. 31 34 Mar. 5 J an. 5 34 Mar. 70% Mar. 11 Jan. 6 72 Feb. 68% Mar. 26 2 1 3 9% 40% Sale 123 130 8% 23% % 8 17 Sale Sale 1 Sale 18% Jk* 82 113 100 10 90 130 116 13% Sale Mar Mar 19 19 Mar 17% Mar 17 28 20 Jan. 4 Jan. Jan. 7 16% Mar. 10 1% Mar. 8 Feb. 3 18 Mar. 31 5 1 ■; 1% Jan. 6% Jan. Sale 5 20 4 21 Jan. 4 27 Mar. 2 15 J an. Mar. 1 51 Mar. 21 50 Mar. 7% Mar. 2 16% Mar. 16 59% Mar. 7 43 1 3 Mar. 22 8% Mar. 23 2% Mar. 2 3 48 30 Mar. 13 Mar. 29 Sale 60 Mar. 11 1 4% Mar. 22 Mar. 4 Mar. 5% Mar. 29 5 14% Jan. 5 Mar. 22 Jan. 8% Mar. 23 6 2% Jan. 5 28% Jan. 1 5 36 1 Mar. 14 14% Mar. 61% Mar. 111 Mar. 29 6 13 60 Jan. 9 8 21 Mar. 3 Jan. 14 Mar. Jan. 5 Jan. 15 3 9 Jan. 23% 17 2 5% Mar. 29 14% Mar. 30 43% Mar. 31 17 5 8 Mar. 93 19 Mar. Mar. 20 29 Feb. Jan. 12 12 Mar. Mar. Mar. Mar. Mar. Mar. 13 *60 16% 1% 16% 23% 4% 50 Sale 2% 30% 5 15 Sale 44% 9 k 4 15 6 m 1 4 16 31 14 14 Mar. 31 10% Sale 10 Sale Sale Sale 1% 18% 36% Mar. 28 57% 3% 2% Mar. 24| 1 6 Mar. 7% % %'Mar. 28 1 9% 9% Mar. 2 % Mar. % 9 % Mar. % 2% Mar. 26 2% 7 5% Mar. 5% 1 1 % Mar. 10% Mar. 29 11% 9% Mar. 26 11% 1% % Mar. 29 6% Mar. 28 8% % ,% Mar. 23 Sale Mar. 4 Mar. 8 Mar. 9 Mar. 7 Mar. 21 Mar. 1 Mar. 4 Mar. 9 Mar. 26 Mar. 7 15 14% Sale Sale 3% 3% 6% 1% 6% 5% _% ■ ,% Sale Sale 15 2% 15% Feb. 4 14 18 7 7% Jan. 16% Mar. 16 62% Feb. 19 5% Feb. 15 Feb. 13 23 Mar. 5 4 Mar. 14 36 15% Feb. 17 19 Jan. 62 Feb. 62% Jan. 2 3r< ziy> 15 13 2% 30 Sale 21 19% 60 98 6 % 9% 9% % 6% % 5% Sale 7% Sale 45 48 1 Jan. 2 Jan. 3 Jan. 11 25 5 Jan. 15 7 ,■ Mar. 14 12% 11% 2 14 Mar. 8 Jan. Jan. 20% Mar. 10 16 Jan. 20 Jan. Jan. Mar. 1 2 Jan. 3 Jan. Mar. 8 Mar. 24 15% Mar. 17 2% Mar. 3 Mar. 19 !H m 3 11% Mar 17% Mar 28 22 14% Mar. 3 21 7 Mar. 60 Mar. 15 40 50 Mar, 28 7 8 Mar. 1 51% Mar. 9 8% Jan. 35% Jan. Mar. Mar. 18 Mar. Jan. Jan. 38 Jan. 19% Jan. 22% Jan. Mar. 100 Mar. Mar. Mar. Jan. 60 Mar. 12 Mar, 15 60 Mar, 12 100 2% Mar, 30 3% 5% Mar, 21 6% 8 3% Mar, 31 105 11% Mar. 17% Mar. 100 9 13% Jan. 14 % Mar. 23 13% Jan. 99% Mar. 30 2% Sale 5% Sale 3% Sale 39 1% Jan. 18 1 9% Mar. 5 Mar. 24 4 60% Jan. 14 9 3% Mar. 8% Jan. 14 Mar. 2 99% 115 Jan. Mar. Mar. Feb. Mar. Jan. Mar. Jan. Mar. Mar. Mar. Feb. Mar. 14 12% Mar. 30 2% 35% 12% Sale 17% 20 115 Sale Mar. % 9% % % 2% 4% Mar. Mar. 24 34 Sale 2 121 6 lsy* 2% Mar. 14 4 5% Mar. Sale 45 12% Jan. J 36% Mar. 28 8 2% Jan. Mar. 5 Mar. 8 Mar. 2 Mar. 3 Mar. 23 16 60 Feb. 100 13 13 14 13 7 9 8 29 9 14 Mar. 15 Feb. 10 4% Jan. 13 8 6% Mar. 2% Mar. 5% Mar. 3% Mar. 10 Jan. 14 9 40 Mar. 51% Mar. 17% 1% 7% 7% 20% 6% Mar. 31 Jan. 2 Jan. 5 Mar. 23 Jan. 7 Jan. 4 23% Jan. 2H Jan. 18 18 Jan. 25 Jan. 20 80 19% 1% 20% 2 9% 8 Sale Sale 24 9% Sale 34 38 ft Sal!* Sale 5% 17% Mar. 31 1% Mar. 18 8 Mar. 31 7% Mar. 23 23% Mar. 31 7% Mar. 31 35 Mar. 24 % Mar. 2 % Mar. 11 20% Mar. 28 4 Mar. 21 17% Sale 1% 1% 8 7% 23% 7% 30 % % Sale 8 Sale Sale 35% Sale Sale 21 Sale 4 Sale 8% Sale 24 9% 16% 19% 17% Sale 3 3% 6% Mar Mar. 31 20% Mar. 10 99% Mar. 31 100% Mar. 26 Sale Sale Mar Feb. 110 3 112% Mar. 4 93% Mar. 5 19 Mar. 12 2 29 73% Jan. Mar. Sale 14 3 5% Mar 2% Jan. 1% Jan. 29% Jan. 4% Mar. 12 36 Sale 10% 21% 22 Mar 4 17% 15 18% 59% Sale i% Mar 29 16 Sale 17% Sale 3% Mar. 31 31% Mar 99% 17HSale 60 8 9 17% 16% 99% 120 % 100 3 7 7 Mar. 1% Sale "11" Mar. Mar. % 6% % 1H 1% 8 8% Sale 23% 16 im 14 3 23% 5% 11% 6% 4 21 % 9% % 23% 5% 20 Jan. 4 % 6% % % 9 21 Jan. 8 22 6 80 1% 7% Mar. 6 118% Mar. Mar. 5 Jan. \V* Sale a 10 Jan. Jan. Sale 9P 10 Mar. 23 Mar. 9 37 % Feb. Mar. 8 15% Sale 53% Sale 4 3% 6 14 Mar. I liX 40 cum 60% Jan. 16% Jan. 4 8 9 7 20 Jan. Mar. 8 7 Mar. 18 15 sly< 115 5% Motor Wheel..——— 21,400 Mullins Mfg Corp Preferred * 1,950 2,700 Muusingwear .———.* 154,100 Murray Corp...............*i —.* 800 Myers (F E) A Bros... 150 200 Wks—* Monsanto Chemical 1,019,300 Montgomery Ward & Co.....* Sale 14 17% 20 20 Preferred. ——* 1,600 33.400 Mobawk Carpet Mills * 3 •2% 30 45 55% 121 * 4,400 Minn-Honeywell Reg Co 19,000 Minn Moline Pow Implem..* 134,900 645,630 1,600 800 Sale 17 2 80 — Sale 1% 103% 105 44 400 72,200 251,100 1,200 , 11 Sale % 11,350 Miami Copper.. .6 49,900 Mid-Continent Petroleum..* * 31,300 Midland Steel Products First preferred 100 3,100 ... 4% Sale 22 2% 1% Sale 11 Milwaukee El Ry A Lt pf._100 900 9% 4% % 1 10% Sale 100 Preferred 15% Jan. 46% Mar. 24% Mar. Mar. Sale , * 7,360 Mengel Co Sale Sale % 15% 2% 3,700 Metro-Goldwyn Pict pref..27 2,800 " 3!* 1,700 5,350 19,300 11,800 1,700 Sale * pre; 11,100 Melville Shoe Corp 8% ' ..' 350 7% preferred...........100 25 27,770 May Dept Stores.... • 4,400 Maytag Co (The) Pref with warrants • 4,500 6% 14% 57 Mar. 28 3* 6 14 2 53 ... * .——25 Sale 14% Sale ... Bros 50 4% Sale 16% 18 2 2% 10% 28% 14% 15 62% 80 .... Sale 20 16 Jan. Mar. AH 15 Sale Feb. 7 Mar. 111 118 112 110% 112 89 85 93% 86% 100 14% Sale 14% 14% Sale 1 1% Sale 24 24 16 14 Sale 19 19 21 22% 70 20 47 Mar. 21 28 12 21 3% Sale 1% *4 33% Sale 19 55 * 5 46% 24% 6% Mar. 21 7% 9% Mar. 23 12% 118 Mar. 4 118% 50% Mar. 28 59% 50% Mar. 28 61% 69 65% iiH 20% i*ft 20 \iH 22 II* 25 Sale 2 Jan. 38% Mar. 31 Sale \H Jan. i Mar. 31 Mar. 17 26 a Mar. 29 7 Mar. 19 Sale 3% Sale Jan. 7 12 18 34% Sale Mar. 24 Mar. Mar. 18 Sale 70 : 68 19 18 10% 18% 12 18 15 16 * Preferred 20 20% Sale 4% Sale 540 80 "2"406 25 Blsc 200 McCrory Stores Class B 540 26.000 120 51% Sale 53 Mar. 21 Highest. Sale Prices. Prices. Sale Prices. 6% Mar. 3 20 12 Sale 65 Incorporated 600 Mandel 118 5 ^ * 19,800 Louisville Gas & Elec A 22,200 Ludlum Steel...—.———* Preferred 6,200 13,400 McCall Corp..........——* 287 Sale 31% Carbonic Incorporated Preferred... Loose-Wiles w* 20 6 Sale 17 _.......* Link Belt Co Liquid HS* 53% 55% Sale 18% 17% 13 12% 25 1st preferred 290 3,700 Lorliiard (P) pref Common 582,100 6,000 Louisiana Oil 640 118 Liggett A Myers Tob pref.100 100 Long Bell Lumber A— 1,000 12% .. V' Sale 6% Sale 9% Sale 7 Libby Owens Glass.......,-* Lima Locomotive Works Common Sale 21 ...——* A Fink 2% 50 ..... 4% Mar. 24 62% Mar. 29 1% Mar. 31 Sale Lowest. Highest. Sale Price. Sale 70 68 Lowest. Ask. 6% 5% Cem«nt.-50 Preferred March 31. Ask. Bid. Bid Par 7,600 1,130 6,100 2,100 55,450 39,000 22,100 17,400 1,500 17,300 146,800 4,700 4,180 26,800 282,000 5,500 430 March 1. 1932. Shares. 4,600 RANGE SINCE JAN. 1. IN MARCH. Price N. Y. STOCK EXCHANGE Since March. STOCKS 37 EXCHANGE-STOCKS 16 Sale 19 8% 21% 14% 7% 15% 14% 20 14% 7% 15% 14% 2% 6% 20 Mar. Mar. Mar. Mar. Mar. Mar. 29 14 2 31 31 22 2 3 Mar. 8 6 Mar. % Mar. 17 1 Mar. 18 37% Mar. 31 Sale Sale 21% Mar. 15 Mar. 2 Mar. 10 I* 3 30% Mar. 8 11% Mar. 5 35% Mar. 12 % Mar. 4 % Mar. 3 26% Mar. 2 5% Mar. 3 4 Mar. 21 19 8 Mar. 2 18 Mar. 3 Mar. 5 10% Jan. 5% Jan. 15% Mar. 14% Mar. 2% Jan, 5% Jan. % Mar. Mar. 30 Mar. 26 Mar. 26 Mar. 7 Mar. 11 1 Feb. Mar. 7 8 21 Mar. 1 Mar. 3 9 2 14 13 Jan. Feb. 25 13 14 lH J an. Feb. Jan. 14% Mar. 31% 30 2 Feb. 130 3 13 19% Jan. 3% Jan. 7% Jan. Jan. 3 5 5 4 Jan. 46% Mar. Mar. 4 Jan. 6% Jan. 19 Mar. Mar. Mar. Jan. 9% Mar. Mar.- 14 21 5 17 7 13 7 8 Feb. % Mar. 3% Feb. 17% Jan. Mar. 28 8 Mar. 12 26% Mar. 15 37% Jan. 125% Jan. 7% Jan. Mar. i« Mar. Mar. 13% 4 Mar. Mar. 11 10% 30% 11% 35% 27 7% Jan. 7 Mar. • 8 19 Jan. 2 24% Mar. 3 32% Feb. 26 Mar. 8 Jan. 92 Jan. 82% Mar. Jan. 21 8 Mar. 11 113 Jan. 125 Mar. 11 Mar. 29 101% Mar. 14 11% Mar. 31 16% Mar. 8 100 Jan. 105 Jan. 121 130 116 Sale 116 101 116 100 Sale Mar. 31 125 100 12 101 Sale Sale 2 % Mar. 11 20% Mar. 28 % Jan. Mar. il* 14 6 29% Jan. 12% 24% 14% 9% 18% 3% 3% Sale 6 7% Sale % 3% 9% "i% "2% 44 Sale 46% 37% Sale 127 Mar. 10 127% 126 136 136 126 9% Mar. 2 14% 9% Sale 10% Sale Sale 26 Mar. 31 Sale 28 26 31% 1 1 Sale % Mar. 10 % 4 Mar. 23 5 5 4% 4% 18% Mar. 30 24% 20% 22% Sale 32 30 Mar. 11 28 29 32 26% 6 5% Mar. 28 8% 5% 8% 83 82% Mar. 31 92 90% 82% Sale Sale 9 9% Mar. 11 _ 13 16% Mar. 11% Mar. 8 23% Jan. 9% Mar. 4 NatlonalRadlator——.—_.* 18,300 2,400 42,700 190 670 6,800 6,700 29,300 16,300 5,500 98,000 4,000 38,600 National 6,200 National Steel...—.———* Tea Co.. Neisner Bros Nevada Cons .... ... Cop ....... Newport Co (The) Class A 7;800 1,200 1,600 100 ... 1,200 Air Brake New York Dock....... 5% preferred "5", 200 2,900 300 360 420 14~806 N Y 28,200 N V Investors Inc.. Shipbulloing— 990 7% preferred 850 New York Steam pref 6% 940 7% 1st preferred 115,000' 188,000 Noranda Mines Ltd 284,806 18,000 20,900 960.827 • 12 Sale * 7 Sale * 3) 55 Sale * 21,600 94,100 North American 6% preferred North American Avaitlon No par value. 8 Sale 5 * 22% 7% 22% 9 19% 27 30 23 12% 13 8% Sale 3 4 4% Sale 7 10% 23% Mar. 9% Mar. 7 4 19% Mar. 28 34 Mar. 5 22 Jan. Feb. 10% Mar. 28 15 Mar. 9 Mar. 29 10 Mar. 8 10% 6% 1% 3% Mar. 28 Jan. 5 Mar. 22 Mar. 31 19% Mar. 28 7% Mar. 29 Mar. 30 8% 30 25 Sale 7 Sale 7 2% 3% 4 Sale 1% Mar. 22 3% Mar. 31 5% Mar. 4 4% Mar. 18 Sale 2 2% Mar. 2% Mar. 30 2% Mar. 7 4 2 6 4 10 34 Mar. 17% Jan. 10 Mar. 5% Jan. 6% Jan. 8 5 14 8 14 14 50 16,200 Newport Industries Inc.—.1 3,900 Newton Steel 2,600 New York Sale 6 26 50 National Surety National 21 50 100 Supply Preferred.. 2 2% 100 100 * *j !y' 8 * 1?5* 1% 3% Sale 45 Sale Ay 100 46 49 » 84 93 * 101 112 * 12% Sale * 33 46 50 » 3% 2% 3% 7 6% 20 3% 7 12 45 Sale T Mar. 1 6% Mar. 26 60 Sale 1% Mar. 24 3% Mar. 26 49% Mar. 24 Sale Sale 92 110 Sale 14 Sale Sale 14 If* Sale Sale Sale Sale 3% Sale Sale 30 Mar. 31 42% Mar. 31 2% Mar. 31 1% 5fH illH Sale Sale Sale I* Sale 5% Sale Sale Mar. 31 100% Mar. 30 Mar. 1 Mar. 7% Mar. 5 6% Mar. 26 2 Jan. 6 2% Mar. 30 Feb. 11 6% Feb. 2 6 7 2% Mar. 4% Jan. 18 8 Feb. 7% Jan. Mar. a 2 Mar. 97% 109% 17% 39% 47% 3 2 49 Jan. 57 Mar. 2 Mar. 26 90 Jan. 98 Feb. 5 Mar. 14 Mar. 15 1% Jan. 3% Mar. 100% Mar 12% Jan. . Jan. 2 Mar. 2 2 26 6% Feb. 29 109% Mar. 14 17% Mar. 15 Mar. 3 29 Jan. 40 Mar. 3 41 Jan. Mar. 1 47% Mar. 4% Feb. 2% Mar. 14 Feb. 19 3 1 38 N. Y. STOCK AGGREGATE SALES Since March. Shares. 4,000 900 1932. Far 7.000 North 2,440 North Amer Edison pref.. German Lloyd w I.. Telegraph. .50 720 Northwestern 380 4,100 5,700 10 40 RANGE SINCE JAN. 1. Price Jan. 1 Jan. 1. Shares. IN MARCH. PRICES STOCKS H. Y. STOCK EXCHANGE In EXCHANGE-STOCKS Bid. 81 5 23 Norwalk Tire & Rubber.. .10 100 Preferred % 15 March 1. Ask. 82 Bid. Sale Prices. 82 78 79% Mar. 29 4X Mar. 31 80% 6% Sale 25 Sale 1 22% 17 1 1% 26 4 % Sale 21% 27 1% Sale 14 % 17 Sale Mar. 1 IX Mar. Mar. 28 17 Prices 83X Mar. 12 6X Mar. 1 3 25 Lowest. Highest Ask 26 5% Lowest. March 31. Ask. Bid. 28 Mar. 4 IX Mar. 10 17 Mar. 28 Highest. Sale Prices. 79 Jan. 5 4% Mar. 31 Jan. 6 % Feb. 9 16% Jan. 9 25 Sale Prices- 86% Jan. 8 28 Jan. Jan. 18 21 29 1% Mar. 10 8 18% Feb. Nunoally Co 1761284 3,300 900 310",684 Ohio on Co (The) 14,800 Oliver Farm Equip Preferred A 5,800 27,500 500 900 570 49,100 Preferred 6,600 1,170 24,700 2,605 10 20,919 7,900 560 2,880 100 6% preferred 61C 5,600 * A 2,000 Oppenhelm Collins 8c Co... 1,980 Orpheum Circuit Inc PreflOO ♦ 99,300 Otis Elevator 380 110 3% Omnibus Corp v t c_. 38,800 600 5% Sale 100 Otis Steel '* Prior preferred 320 Outlet Co Preferred.... 320 9% * 10)1 Preferred..............100 39 Packard Motor Car..... 5P 300 Pan-Amer Pet 8c Trana Class B stock...........50 16 25 16 25 600 4,600 2,300 260 610 5,900 6,200 3,200 2,100 15,000 45,200 1,400 Panhand '""190 31,500 Prod 8c Ret 24,100 49,400 125 Sale Sale Sale 5 8 7 Sale 8 Sale 40 1 Mar. 7 Mar. 9 Mar. 9 Mar. Mar. Mar. Mar. Mar. 3 Mar. 3 Mar. Mar. 19 Mar. 4 Mar. 3 31X Mar. 37X Mar. 7X Mar. 7% Sale Mar. 21% Mar. z31H Sale 37% Sale 36% Mar. 19 94 Mar. 106 Mar. 5109 4 30 3X Mar. 17X Mar. 17 Sale 125 Sale Sale 5 5 Sale Mar. Mar. Sale 1 Mar. 1 Mar. * Sale Sale 10, * * Preferred 100 Penn Coal 8c Coke........50 4,800 Penn-Dlxie 5,900 __1U0 91 5 18 23 X 95 95 Sale Sale 800 L 8r. Coke... 100 1,900 Pet Milk 83,000 Petroleum Corp 88,200 Phelps Dodge 3,400 11 UX 4% Sale _• Sale 11 4 600 100 6,000 72,700 10 25 6 900 Philadelphia Co pref 6%..50 Preferred (6) new.. * 161000 37 38 35 1,700 300 200 100 65% 72 57 5% non-cum pref 10 Philadelphia Reading C 8c I.* .1,700 *j 200 Phillips Jones Corp Preferred.. 4,800 1,100 600 800 2,500 700 970 110 310 3,500 2,700 3,300 40,644 69,400 1,200 2,900 71,300 830 2,800 300 300 63,700 400 3,100 3,900 """800 45,200 2,500 22400 710 Pierce-Arrow Mot C pref.,100 Class A ♦ Pittsburgh Screw 8c Bolt Pittsburgh Steel pref 93,200 361800 X 5% X 21X 30 6% 3% 22 X 1 100 11 25 2% 3X 26 1% 12 % Sale 35 100 36 Pittston Co (The).. 4 3 25 3X 4% Sale IX IX 6% 8 5% Sale 25 8 * p'reflioo 3,200 Pressed Steel Car 7% pf__100 11,600 Common • 145,500 Procter 8c Gamble 1,580 Preferred 5% ...IlOO 12,200 Producers 8c Ref Corp 50 1,290 7% preferred 50 1,000 Pub Ser Corp of N J pf 8 % 100 283,728 Common * 1,400 7% 100 9,800 6% preferred 100 16,500 Preferred (5)..... $5 preferred w 11X Sale 5X Sale Sale 5 104% Feb. 110 Jan. 16 27 Feb. 19 Feb. 13 20 Jan. 37 41% Mar. Jan. iU% Feb. Jan. Jan. 8 1% Jan. 15 Jan. 18 14 13 19 Feb. Feb. Mar. Jan. 2 Jan. 11 Jan. 5 Mar. 2 Jan. 5 7 11 17% Mar. 18 Fob. 23 Jan. 7 11 5% Jan. % 1% 6% 2% 10 18 3 5 8 11% Jan. 4% Jan. 1% Jan. 4 2 Jan. 8 1 Feb. 17 5% Feb. 17 9 Feb. 4 Jan. 26% Jan. 5 32% Mar. 34% Mar. 80 Feb. 3 91 1% Feb. X Jan. 3% Fob. 1 7 13 13 26 8 8 Mar. 5 1% Feb. 1 1% Jan. 2 6 Mar. 22 6 Mar. 90% Mar. 28 95 84X Mar. 28101 Mar. 75 Mar. 84% Mar. 28 121 Jan. X Jan. 4 1% Jan. 11 Mar. 11 Feb. 4 3 Jan. 4 Mar. 2 11 3% Mar. 191 4% Mar. 5% Mar. 29. 7 Mar. Mar. 35% Mar. 31 41 Jan. 7 5% Mar. 29 35% Jan. 5 60% Jan. 6 67 X 93% ■IX 6X 123 X x55X 111X 96% 1 100 loo Feb. 95 12% Jan. 4% Jan. 8% Jan. 25 15 9 7 7 8 41 Mar. 10 73 97 Sale 6 24 7 Sale 8X Sale 5X Sale 6 3% 50 18 99 % Sale 33 Sale Sale ,5M Sale 6 irA jx 30 3 Sale M Sale Mar. 12 Mar. 31 Mar. 8% Feb. Mar. 10* a* 33 Mar. 39 Mar. 5 X Mar. 5% Mar. X Mar. Jan. 16 5% Feo. 20 9% Jan. 5 X 7X 1% 22X 31% 6% Mar. 8 3% Mar. 23 Jan. 11 8 41 Mar. 31 5 Mar. 17 41 9 Jan. 5 Jan. 2 Mar. 7 Mar. Mar. Jan. 7 Mar. 32% Mar. 29* Jan. 7 3% Mar. 22% Mar. 22 Mar. 3 Mar. 30 1 22 Mar. Sale 10 7 16 Mar. 28 26* Jan. 5 Mar. 29 3 2X 2 3X 2 4 3 Mar. 28 Mar. 29 X 4X OX 8X Sale 6 Sale IX Sale IX Mar. 31 l\y* 94 Sale 29% Mar. 26 Sale 91 X Mar. 31 Sale 4 Sale 5X Mar. 19 1 7X Mar. Sale 6 Mar. 29 Mar. 31 Mar. 28 1 IX Mar. 8X Mar. 15 V* 8 51% Sale 110X Sale Sale 98 Sale 80 Sale 95% Sale X 127 Mar. 31 3% 5% 1% 7% Mar. Mar. Mar. Mar. 7% Mar. 9% Mar. 8% 2% 41% 98% 1% 9% 130% 17 27 Mar. 31 10 12% Mar. 2% Mar. 36% Mar. IX Mar. 35 Mar. Feb. % Jan. Mar. 1 Jan. 4 30 Jan. 6 2 7% Mar. 8 1% Jan. 7 22% Jan. 9 31% Mar. 18 7% Jan. 14 46 Jan. 28 4 Feb. 16 24 Jan. 18 XX Feb. 15 12% Mar. 3 2% Mar. 8 40 Jan. 21 14 5% Jan. 1% Jan. 15 14 Jan. 14 4 8' 4% Feb. 6% Jan. Mar. 2 Mar. 7 Mar. 7 Mar. 11 Mar. 9 Mar. 30 Mar. 5 6 13 8 4% Jan. X Mar. 31 3 8 Jan. Mar. 29 3 7 Jan. Mar. 28 2 7 Jan. 2 Jan. Mar. Mar. Mar. Mar. Mar. 30 37 X 3 93 X 17X X 10 33 Mar. Mar. Feb. 10 Mar. 8 32 Feb. 7X 32 1 3 5 3% Mar. 23 35 X 3% 20 Jan. 4 6% Mar. 3% Mar. 3X Mar. 2 16 31 127 92% 21X Sale X X 7 24 5 6 5x 9 90 Mar. 8 10 4 40 Sale SX* 90 Mar. Mar. 8% Mar. 5 Jan. 4% Mar. 31 130 115 7 24 3 31% Mar. 3X Mar. Mar. 29 9 4 Mar. 31 6 6 1% Jan. 29% Mar, 26 9 7% Mar. 9% Mar. 8 8 11 Jan. 14 Jan. 14 42* Jan. 14 Mar, 28 103 Jan. 15 23 1% Mar. 9 91 Jan. 1 3% Jan. 8 uHS Mar. 30 Mar. 5 120% Feb. 2 7 Mar. 50% Mar. 31 60 48% Mar. 10 108 110% Mar. 31 114 95 96% Mar. 23 100% Mar. 11 80 Mar. 31 78 87 Mar. 7, Feb. 10 60 Mar. 7 Feb. 10 114 Mar. 10 100% Mar. 11 5 Jan. 7 87 Jan. 5 96 24% Mar. % Mar. 15% Jan, % Feb. 5 17 25 5% Mar. 93% Mar. 17% Mar. X Mar. Jan. 3% Jan. 4 96 Mar. 86 Mar. 7 Mar. 9 Jan. 14 % Jan. 2 50 Pure Oil 25 1,750 Preferred 193,700 Purity Bakeries...... Sale IIIlOO 59 Sale Sale Sale 9X Sale 24X 27 14X Sale ' 12 % Corp of Amer preferred 5% 050 new * 25 Sale 10 "A" Preferred B Class A 83 * Certificates 7% Sale 3X Sale pref..Tl00 166,960 Pullman Company.. 12,100 Punta Alegre Sugar Radio 8X 2% 40 _ Pub Serv El 8c Gas Sale 8 ....... 880300 37 ♦ Pipe Line 1,508,100 11,200 164,100 32 100 % preferred Sale 5% % 22% 31 5 100 Term Coal 5,000 ClasaB...... 10,700 Postal Teleg 8c Cable 65,154 Prairie Oil 8c Gas 156,925 Prairie 520400 37 X 7 5 Poor 8c Co class B • 15,100 Porto Rlcan Am Tob cl A.100 "40800 6 37% 35 Pittsburgh Coal (of Pa)...100 6% preferred 100 ... 418,600 4,500 33,900 3% 5 100 3,300 Pittsburgh United 2,250 Pref conv "50500 Sale 8X 50 s% Sale 5 ..* Phoenix Hosiery..... Preferred 1,100 Pitts " 10200 8 31X sx 10 9,900 Pierce Oil Corp 25 9,100 8% preferred .......100 43,700 Pierce Petroleum * 16,450 Pilsbury Flour Mills ♦ 2,000 Pirelli of Italy A......... 1 200 60 4X 100 10,700 Philip Morris & Co 159.767 Phillips Petroleum.... 10 400 210 16 Jan. 840000 50 5,100 4,200 10,400 8,300 7 Jan. 4% 1 Rights 42,000 34,200 2,000 Jan. 14 42 1 IX Mar. Mar. 15 20 88 % 98 13 8 Jan. Feb. 7% Mar. 3 3% 21 Jan, Jan. iS* Jan. 8 Mar. 21 Jan. % Jan. 23 3% Feb. 2 6% Jan. 5 Mar. ♦ riH 2% Mar. 40 16 Mar. 85X Mar. * 15 Mar. 109 Sale X Mar. 6 15 Mar. Jan. 16% Feb. 100 Jan. 6% Jan. 3% Mar. 17% Mai. Sale I 23X 5 2 101 2% Mar. Mar. 30X Mar. Sale Mar. 6% Mar. 1% Jan. 55% Jan. 7% Mar. 31 Mar. Mar. Mar. Mar. Mar. Mar. Mar. 5%] Sale a Sale 5 X Mar. 3 3% Sale 3% Sale 28% Sale 30% Sale 85 % Sale 2 3% 1 1% 5 Mar. X 4X 8% 3X 32X 34% Sale 7X 5 11 104% Mar. 6X Mar. 11)4 Mar. 4% Mar. IX Mar. IX Mar. OX Mar. 3 Sale 20] Preferred 1 Jan. Jan. Jan. 93% Feb. 17X Mar. 17X Mar. X Mar. 1 7 Mar. 104% Mar. Mar. * People's Drug Store Inc 10 5 3 31% Mar. 36% Feb. 41X Mar. 30 97 96% 103 100 105% 100 3% Sale 16 21% 16 Mar. 110 109 114 % 102 Sale 21X Sale Sale Mar. 21 40 42 10 8 6X Mar. Sale 34% 38 % Mar. Mar. 16X 102X 2X 7X 115 2% Sale 40 A 99,300 People's Gas 52,300 5 16% Sale 101 7% Mar. 31 IX Mar. 2 4% Mar. 5 2% Mar. 67X Mar. 1 Patlno Mines 8c Ent ctf >'""320 4% 1 Mar. * 7 Mar. 23 1 4X 15,400 Peerless Motor 34,900 Penick 8c Ford 111,500 Penney (J C) Co 3,800 Cement 7% preferred 5X Mar. 3 3% Sale 67 % Sale * Pathe Exch............. 8.200 Sale 100 .. . 4 Sale 1 ' 8% preferred. 971,527 Paramount Publlx Corp 8,700 Park 8c TUford 13,750 Park Utah Cons Mines 6,500 Parmelee Transport Co. 500 1,300 1,300 Sale 115 Sale 9% 43% 14 Sale 59% Sale 7% 10% 38 % 100 210 1,000 4,200 3,600 10 Sale Sale 25 76,219 Pacific Gas 8c Elec * 27,400 Pacific Lighting Corp 100 2,085 Pacific Mills 7,590 Pacific Teleph & Telegr_.100 .......100 329,600 359,100 3% 100 80 Sale )3% 105% 21 20% 40 500 Sale 65 8% 12 6% Sale )3 7 1% 3 55)1 19 Sale 4% Glass Co........35 14,500 Owens-Ill 75,800 300 5% 1 % new... Sale 4X Sale 4 55% Mar. 10% Mar. Sale 2% 5% Mar. 60 Mar. Sale 6 Mar. 22 Mar. 27 Sale 10 Mar. 17% Mar. Sale Rights 3% Mar. 16 5% Jan. Mar. 6% Mar. Jan. 5 10% Mar. 28 10% Mar. Sale 3X 50 15% Mar, 22 Mar. 5 9 9% Jan. 7 4 2% Jan. 4 5% Jan. 15 60% Jan. 14 15% Mar. 7 10% Feb. 32% Jan. 18% Jan. 19 12 14 Jan. 14 7 Rand Mines.. 1,900 12,300 540 """500 19 800 200 20 9,100 26,700 610 1,120 108 9,000 31,200 22",666 121",244 4,320 23,920 1,000 400 60 ""loo • Hosiery 1st preferred. 2d preferred.. Reo Motor Car No par value. 7% 12 Ji * "__Il00 3 2% 9X ....100 ... 9X Sale ♦ "100 ..... 9 Sale 15 JV* Sale 10 10X 9 3 12* Sale H Sale X 5% 2* 11 14% il* 11 20 11H 3% a 3 Sale 2X Sale 8% Mar. 3% Mar. 10 10 10% Mar. 5% Mar. Mar. 16 Preferred cov Revere Copper & * 100 Brass * Class A •' Preferred ioo II" Reynolds Spring Co .... , *' "• * 4X Sale 3g 25 30^ 8X Sale 5 5X 14% 3 5 18X 9 Sale Sale ; 4 OX 30 Sale 4X 2X 5X 18% 8 10 "3% Mar." 2 Mar. 31 3% Mar. 13% Mar. 2 Jan. 5 10 Feb. 9 12 Mar. 11 Jan. 22 2% Mar. 2 12 28 11% Mar. Mar. 2 Sale 4% Mar. 30 Sale 4 Mar. 11 Mar. 31 2% Mar. 24 6% Mar. 15% Mar. 3 9 2 Mar. 22 4% Jan. 5 8% Jan. 4 2% Mar. 24 Mar. 7 30 Sale Mar. % Jan. Mar. 2% Mar. 2 13 Sale iVA 8% Mar. 28 2% Jan. 4 Mar. h Sale Sale ...Iio Republic Steel Corp..... New Sale 2X Sale __Iioo 13,938 Reynolds Metal Co 30800 11 ....10 Preferred Cert 500 5.400 Raybestos-Manhattan.IIIIIi Real Silk 300 Reis (Robt) 8c Co 590 1st preferred 75,900 Rera'ton-Rand 11% Feb. 15 5% Mar. 12 16 Mar. 14 % Jan. 12 4 3% Jan. 3% Jan. 5 Mar. 31 3% Mar! 21 10 Mar. 3 3% Mar. 21 Jan. 5 6 Jan. 28 17 7% Jan. 4 10 Feb. 23 3 4 8 6% Jan. 14 15% Mar. 5 15 8 Feb. 3% Jan. 14 13% Mar. 24 12 Jan. 21 Jan. Feb. Mar. 5% Jan. 29 30 2 3 14 N. Y. STOCK AGGREGATE SALES. In Since March. Jan. 1. Shares. Price mm - - - - N. Y. STOCK EXCHANGE - 7,600 9,300 1,000 5,600 68",200 100,500 Reynolds (RJ)Tob cl B 10 Class A. —16 Rhine Westphalia Elec Pr Richfield Oil Co of Calif * ..... ... 680 2,100 2,400 2,900 280 117,600 1,400 200 700 2,400 52,000 10 20 Royal Bak Powder 6% pf.100 Royal Dutch Co N Y shs— 105 Rossla Insurance ....... ..10 * [lit .. 15 300 700 2,400 29,600 Preferred. 17,200 Skelly Oil Co Preferred 7,300 550 300 324,300 2,600 10,700 460 25,100 Jan. 2 Jan. Jan. 6 84 4 94 3% Jan. 5 siH 50 Sale 3% Sale 1% Sale 32 Sale Edison....25 51 Sale 81% 85% 6% Sale Sale 6% 40% 41% 7% Sale 2X 3 1% 33% 38 3 19 27 Sale Sale % % 4% 4% 7% Sale 4% Sale 63 100 2% 2J4 Sale 28% Sale Sale 3% Sale 24% 25% X X 20 % 1 8 5 Mar. 2 Sale 23 2 Mar. Mar. 3 Mar. 15 23 Mar. 38 Mar. 15 37% 39 8% Sale 2% Sale 28% Sale 1 1% 7% Mar. 2% Mar. 28% Mar. 1 Mar. 30 31 Mar. 35 zi 3 24 18 Sale % % 4% Sale 4 12% 15 % Sale 1 10 13% % % % 1% 8% Sale 2 9% Sale 53 54% 6 51 Sale Sale 7 90% 31 % 5 1 3 24% Mar. 29 10% Mar. 1 12% Mar. 29 27 26% Sale 90 Sale Mar. 31 82 Mar. 3 17% 4% 7% % 1% 8% Mar. Mar. Mar. Mar. Mar. Mar. Mar. 51 Mar. 1 24% 7% 8% 2% Mar. Feb. Jan. Mar. 19 Jan. 29 11 15 29 13 5» Feb. 13 9% 2% 37% 1 % Mar. 8 Jan. 21 Jan. 18 Jan. 12 32 Jan. 2 % Jan. 5% Jan. 4 5 5% 30% 12% 15% 4% 31 % Jan. 5 8 1 9 31 Mar. 7 9 Mar. 8 % Jan. 4 4% Mar. 26 10% Mar. 7% Mar. 5 8 Jan. 2 4% Jan. 4 10% Mar. 7% Jan. 6 96 Mar. 6 96 Mar. 24 4% Mar. 19 Mar. 79 Mar. 16 13 Mar. 14 Mar. I Mar. 3 8 9 II Mar. Mar. 7% Mar. Feb. 8 2% Feb. 8 12, 9 18 sr 7 2 12 Jan. 6 Feb. Class B 500 25 35 6,900 Preferred ...100 . 18,100 Sparks Wlthlngton 60 4% Mar. 300 2,900 200 300 200 19 Mar. 12 10 17 6 8% Mar. 31 4 40% Jan. 6% Mar. 29 Feb. 14 Jan. 1 Jan. 4% Jan. Feb. Jan. 63 8% Jan. 93,400 7,600 Preferred A..............* 213,900 Standard Gas 5c Elec 70 80 W* 66 88 Jan. 8 93 20% Jan. 6 32% Feb. 19 4 12 12 35 60 45 48 % Sale 2% Sale 35 9% 10 6 18 3% 13 X Sale 114% 120 9 6 Mar. 11 12% 19% 3 2% 3% 11% Sale 12% Sale 117 117% 117% Sale 18,600 28 Sale 28 67 Sale Sale x57 Sale 57 50 OH of N J 25 10 57 2 2% Sale 88% Sale Sale Sale % 87% 24% 9X 28 % 6 8 ilH 2* 23 Sale 2 % 86 87 Sale 28% Sale 4 7 % Sale 2% 20% Sale 2 5X Sale Sale 10X Sale Sale 85 Sale 11% Sale Sale 7,200 Sun Oil Preferred 1,310 .100 2,000 Superheate. Co (The)... ...» * 10,865 Superior Oil 9,300 Superior Steel [ioo 35,900 29 Sale Sale 30 75 Sale 80 Stone » & Webster... _ 600 • 690 89 ... 300 3,100 1,600 11 12 12% 500 1,600 1,300 8.200 11,300 12,000 349,622 183,500 11,200 69,200 400 117,100 61,900 3,600 23,900 Sweets Co of America.... ..50 * Symington Class A • Corp Tennessee Corp......... "I"* Texas "25 Texas Pacific Coal & OH. Ilio Corp (The) Texas Gulf Sulphur 11 "8 4% 12 9% X Sale 1\ 11X 12fy 2% Sale * Tex Pac Ld Tr Tem ctfs.. ...i 12 2,900 1,200 5,600 4,400 2,400 600 1.500 2,300 1,600 3,400 Jan. 11* 2 4% 4X 25% A* 16 Sale Thompson 11% 17 ...... 900 - 85,200 5,700 R) —25 Preferred... * 148,100 Tidewater A**oc Oil Preferred 6%..... 15,500 25* 8 9X IX 1 14 30 * 2 2 ..100 25 27 ..._..* 3 2,940 6% preferred 100 6,500 imken-Detroit Axle Co 19 * 266,700 Tlmken Roller Bear 83,800 Certificates of deposit 27,100 Class A— 37,100 ...* Class A certifs of deposit..* 10,300 33 900 900 Tidewater Oll 1,300 2,200 98,400 11,900 4,800 3,900 1,600 129,900 653,100 Transamerica Corp..... 800 36,600 1,900 4,700 ; 1,600 113,400 6,100 9,100 3,300 5,800 5,100 Tran 6c Williams Steel.. Tri-Continental Corp Preferred » * .........100 Trico Products Truax Traer 25 Coal..........* Truscon Steel Co 100 - 1,800 4 10 Sale 4X Sale 17%. 3X, Sale 2% 3X 6% 7 6% 7% 2% Sale 3%: 4 2% 2% 42 Sale • 10 26>| 26H 6 2% 46,700 Sale 2% 16 i% preferred 4,800 268,800 769,000 • (J 4X 27 No par value .—.100 Sale 95 105 6% 8 30 % Sale 26A 30^ lit Sal* 12% 9% 13% Sale 11% 13% 18 2% Sale 22% 21% 3% 26 1% 14 3% 29 1% 15 12% Sale 5% 6% % Sale 13% 18 2% Sale 22% 24% 3 10 7 31 38 36 4% Sale 20 Sale 5% Sale •3% 4 8% Sale 8% Sale 4% Sale 1 5% it* 100 30 : I" Sale 37% 4% Sale 16% Sale 28 31 28 11 30 30 1 5 12 5 22% Mar, 12 2 Mar. 10 Mar. 31 2 % Mar. 1 Mar. 26 6% Mar. 1 Mar. 3 21 Mar. 31 1 % Mar. 1 4% Mar. 31 3% Mar. 29 25% Mar. 17 1% Mar. 17 14% Mar. 1 12% Mar. 31 6% Mar. 12 % Mar. 31 2% Mar. 19 4 21% Mar. 7 35 4 Mar. 29 Mar. 8 Mar. 8 16% Mar. 31 5% Mar. 1 Mar. 2 Mar. 2% Mar. 50% Mar. 25% Mar. Mar. 1% Sale 1 Mar. Mar. 15 98% Mar. 8 Mar. 28 Mar. TP Mar. 11 J 20 29 Jan. 4 Feb. 10 Jan. 5 3% Mar. 22' 5 9% Jan. 95 J an. % 91 % 27% 12% 31% Mar. 14 Mar. 10 Mar. 18 Mar. 11 7 3 5 4 9% Mar. 5% Mar. 3 Mar. 4 4 5 Mar. 8 Mar. 9 Mar. 19 Mar. 14 Mar. 1 Mar. 7 Mar. 23 9% Mar. 16 36% Mar. 7 11 4 Jan. Jan. 13 9 Mar. Jan. Mar. 1% Jan. Mar. 23% Jan. 9 21 9 9 5 2 6% Jan. 14 15% Mar. 10 7,104% Mar. 31 7% Mar. 31' 13% Jan. 14 Mar. 1 27% Jan. 29 32 73 Jan. 7| 87 Mar. 16 J an. 6 % Jan. 4% Jan. 4 11 5 13% Jan. % Jan. 7% Feb. 16 4 Mar. 16 Mar. 2 Mar. 3 Mar. 5 Mar. 4 15 7% Jan. 22 3 20% Jan. 1% Feb. 4% Jan, Mar. 3 101 Jan. Jan. Jan. 2 Mar. Mar. Mar. 6 Feb. 19 Mar. 22 61% Jan. 9 Mar. 4 2 Feb. 4% Mar. 21% Mar. 6% Mar. 4% Mar. 56% 31% 1% 5% 2% 23% 50 10 4 3% Mar. 7 2S% Mar. 15 5 z22% Mar. 31 Mar. Mar. 23 9 18* ^ 15 16 Mar. Jan. Jan. 14 Mar. 311 Mar. 5 Feb. 15 119% Jan. 22 2 Mar. 41 14% 2% 11% 114% 11 3 2% 13% 26% 2% 6% x9 Jan. 6 Mar. 22 Feb. 24 Jan. 2 Mar. 1 4 Feb. Jan. Jan. 30 10 Mar. 19 Mar. 31 Mar. 31 26% 2% 16% 16% 9% 1% Feb. 16% Mar. 9% Feb. 9% % % 11% 1% W* Mar. 10 18 1% Mar. 1 9 75 Mar, 12% Mar. Mar. Mar. 30 Jan. 4 Mar. 26 84*4 Feb. 11 6 22% Feb. 7% Mar. 31 1! % Mar. 17 1% Mar. 29 11% Mar. 24 40 12 9% Mar. 3 2 48% Jan. 3% Jan. 14 3! 1 9% Mar. 19 % Mar. 31 % Mar. 22 8% Mar. 34% Mar. 8 41% Jan. 14 3 Mar. 17 95 Mar. 31 Mar. 1 Feb. Mar. 31 2; % Mar 90 % Mar 16 9 27% Mar 8 10% Mar 9 31% Mar 5%'Mar, 11 5 1% Mar 3 26 65 57 Mar. 16 Mar. 18 Mar 26 Feb. Jan. Jan. 28 Mar. 1 15 2 Jan. 3 12 5 87 5 98% Sale 9% 9% 28% Sale 10 Feb. 9 32 Sale Sale 59% Mar 10l 8' Mar. 4 5 Mar ! Mar. 16 3% Sale 5% Sale Sale Sale Sale Mar. 30 80 6% Mar. 7 8% Mar. 1 3% Mar. 28 2% 50% 25% 1% Mar. Mar 4 125 7% 32% Sale . 2 4 5 4% 3% Sale 54 51% 29% 9 26 68 1 Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar 231 Mar. 22 Mar. 5% 3% Mar. 22 10% Mar. 31! 15% 1 104% Mar. 7% Mar. 311 11% 5 Sale Sale Sale Jan. 9 2, 34% Mar 38% Mar 100 11 Sale Mar. % 86% 24% 7% 27% 5% % 1% 20% 5* 13 Mar. 31 Mar. 31 Mar. 30 2 11% 123% Sale 1% Sale 22% Sale 2 2% 4% Sale Convertible preferred....* 7,950 Thompson Products........* 11,000 Thompson Starrett .* 800 50 Thatcher Mfg 30% 1% Sale Thermoid Co... * Third Nat'l Investors....... 1 Sale Sale Sale Certificates (old)...... .100 1,500 lVi 1 ..... Telautograph o Sale ... 1,600 4,900 4,100 3% Sale 10% Sale 103% Sale Sale ...... 48% 2% 89589% 24% Sale 7% Sale 28% Sale 5 6M % 2" 1% 21% Sale 1,490 Studebaker Corp pref... —ioo * 83,681 Common.............. 166,400 810 1,700 1,000 1,900 14,500 2 % 24% Sale 10 42% a-22% Mar. 31 ?! Mar. 9% Mar. 30 6% Mar. 2. 1 Mar. 14X Mar. 28 15 3 Mar. 8 3 11% Mar. 31 14 117% Mar. 2 118 Sale Sale Mar. Mar. 20 6 63 *23% 29 3 Mar. 2% 1 33 54,400 Stewart Warner Corp. 73,700 - Mar. 69 1,500 Starrett Co (The L S) * 12,600 Sterling Sec Corp cl A • 9,400 Preferred......—...—..* 21.000 Conv 1st preferred......50 4,200 5,000 6,500 - 6 Sale 10% 6% 16% 5 Sale 736,200 Standard 300 «. 9 40 3 Mar. 2 36 55 9 Mar. 79 1% Mar. 30 28% 61X Mar. Mar. 11 7 16% Mar. Sale ... 5,200 . 40 Sale 29 Mar. 2 20 16% 9% Sale 7 13 X 3 1} 17* 2% Sale 2X 1% Mar. 23 65% Mar. 18 28 5,900 Standard Oil Export pref. 100 269,300 Stand Oil of Calif * 26,700 Standard Oil of Kansas....25 94,600 14 Mar. 16 2% Jan. ...* .... 229,800 11 19 Mar. 10 10 30,600 |4 preferred * Preferred (7%) 4,500 * Preferred (6%) 2,200 _....* * 4,500 Stand Com'! Tobacco 5,400 Standard Investing Corp—* 1,100 1,700 2,200 1,600 2,900 11 16 93 5 8 12% 12 * 2,400 Spiegel-May-Stern Co.. * 413,200 Standard Brands .......* 4,700 Preferred... • 119,500 1,000 8 4 Mar. 21 Mar. 16 5 Mar. Mar. 8 4% 7% % 1% 32% Mar. 26% Mar. 19 7% 2H 100 94 160 Spear A Co 1,100 7% preferred..........100 1,400 Spencer Kellogg & Sons * 6,400 Splcer Mfg Co.. „• 120 19 2% 12 6% 1 % 9% * 3,000 Spalding Bros..............* 1st preferred 1,290 100 500 Spang Chalfant & Co ---*. 100 5 7 *4 Southern Dairies class A...* 500 19 Mar. 24 100 ""700 13 14 Jan. 13 Jan. 18 Mar. 8 1 Mar. Mar. 9 7 Mar. Jan. 14 Mar. 6% Mar. 90 Mar. 31 1 Jan. Jan. 12% Mar. 15% Mar. 4% Mar. 2% Mar. 29 23% Mar. 29 % Mar. 7 4% Mar. 26 6% Sale 91 Sale 11 Mar. 5% Mar. 18 3% Sale 18% 20% Mar. 29 Mar. 7 10 1 4 Sale 9 30% Feb. 4 Sale 3% Sale 16% 19 12 Mar. 31 6 94 Jan. 6% Jan. 28 2% Mar. 31 27% Feb. 10 3 7 92 36 30 42 % Jan. 12 3% Mar. 29 3% Mar. 21 Sale Sale 4 Mar. 26 4 2 3% Sale 25 Mar. 23 Mar. 17 Mar. 8 Mar. 8 Mar. 8 Mar. 2 Mar. 8 Jan. 15 7% Feb. 2 Mar. 22 32 5% Sale 82 9 10% Feb. 15 59% Mar. 5 15 % Mar. 5% Mar. Sale Sale 25 c40% 9% 2% 36% 1 % 1 7 6% Mar. 31 % Mar. 4 3% Mar. 29 3% Mar. 21 ^ 10% Sale Sale 93 97% 31% Sale Sale 12 8 Mar. 5 10% Sale 9% Sale 40% 48 Mar. Mar. Mar. Mar. 93% Mar. 10 7% Mar. 9 15 % 15 14 Sale 4 Sale 15 9% 5% IX 40 Sale 89% Sale % */ 4% Sale 4 4% 5 3% 28 Sale 33 15 3 84 Sale 40 3 23 Sale^ 4% * .....100 California 4 72 * .... 8% preferred Mar. 23 75 2 So Porto Rico Sug Sou 4 39 Preferred. Socony Vacuum Corp.....25 Solvay Am Corp pref 100 13% Jan. 14 8 6 ..100 3% Feb. 84 Sale 13 5,475 692,100 7,100 31,300 1,070 71,500 5 4 ..—25 1,980 Preferred......... 13,200 Snider Packing 1,300 Mar. 7 5 ....100 .... 6 11 18 105 Mar. 400 Sloss-Sheffield Steel & Ir.100 200 4 Jan. Mar. 26 10% Mar. 59% Mar. — .... 9,100 1,900 Sale Mar. 26 Mar. 23 23 6,400 Shubert Theatre.....—...* 35,200 Simms Petroleum 19 75,000 Simmons Co ...._• 531,700 Sinclair Con OH Corp 4,800 8% preferred... 100 4 X Jan. 2 6 6% 48% 19% 85% 2% 19,700 37,300 276.500 3,500 6 % Mar. 1 2% Mar. 18 6% Mar. 8 X Mar. 30 2% Mar. 1 Sale 14 2 26 Jan. 13% Jan. % Jan. 2% Mar. 8 Jan. 6% Jan. 15% Mar. 23 33 500 2% Sale" 12 69 6% Sale 48% Sale —1 28,610 9,300 Jan. 11 20 Prices. 40% Jan. 17% Sale 36 7 .._..* .... 32% Jan. * 64% Mar. 24 9% Sale .»_* 87,300 Shattuck (G F)—. 1,024 Shell Transp & Trading... £2 91,010 Shell Union Oil * Preferred 26,100 .....100 394 4 21% Sale 25 ...l 8 Mar. Sale 3 preferred conv Mar. 68 Sale Sale [ioo ...* 40 33% Mar. 31 64% Mar. 24 Highest. Prices. 7% 42 .—* .... Sale 14 % 63 % 75 78% Sale 5 5% .190 IP SB 105 Highest. Sale Prices. 6 2% 4% Sale 6,200 Seneca Copper.....—...—* 190,800 Servel Inc............—* 1,500 Sharon Steel Hoop * 14,200 Sharp & Dohme * 6,400 % Sale Sale % Sale * .14 11 20 14 Sale 65% Sale Lowest. Lowest. Sale Prices. Ask 34 38% Sale 65% 68 12 199.400 Seaboard Oil Co of Del. 700 Seagrave Corp (The)... 411,398 Sears, Roebuck & Co 4,200 Second Nat Investors... 300 Sale Ask. Bid. Bid. Sale 620 Scott Paper 127,200 35% Sale 69 2 Ritter Dental Mfg March 31. March 1. Ask. Bid. 7 ..... 220 2 —* Rio Grande Oil 41,300 St Joseph Lead 180,100 Safeway Stores Preferred (6) 1,660 Preferred (7) 5,371 11,500 Savage Arms Corp 18,400 Schulte Retail Stores.. 708 8% preferred... ; . 1932. Par. 149",20C 16,000 Jan 1; 391,800 2,180 2,400 20,800 30,100 '2,600 16,000 RANGE SINCE JAN. 1 PRICES IN MARCH. STOCKS Shares. 124,400 70 39 EXCHANGE-STOCKS 5 3% Mar. 29 25% Mar. 17 1% Mar. 17 13 Jan. 8% 6% % 13% 2% Feb. Mar. Jan. Feb. Mar. 5 9 12 23 23 19 20 Feb. 7 30 Mar. 29 Feb. 9, 4 16% 2% 2% 6% 6% 2% Jan. Jan. Jan. Jan. Jan. Jan. Jan. 3% Jan. 2% Jan. 42 Jan. 25% Mar. 1 5 Mar. Mar. 1 Mar. 14% Jan. 98% Mar. 7% Jan. 27% Feb. 3 5 Jan. 4 % Jan. 21 Jan. 19 13% 2% 13% 26% 2% Mar. Jan. Jan. Feb. Jan. 23 16 14 17 15 6}f Mar. 8 4% Jan. Jan. 21 3 Jan. 12 16% Mar. 16% Mar. 3 5 10 Feb. 1% 14% 3% 28% 9 Jan, Jan. 30 Feb. 13 Mar. 15 x9 Mar. 18 Mar. 11 Jan. 6 Jan. 9 41 5 6% Mar. 4% Mar. 9 ~ 16 29 23 6, 18 18 13 Mar. 9% Mar. 6 Feb. Mar. 29 5 4 3 4 17 4 Jan. 14 Mar. 8 Mar. 9 Jan. 14 Jan. 12 Jan. 13 Mar. 7 Mar. 23 Jan. 20 Mar. 7 N. Y. STOCK 40 AGGREGATE SALES Since Y. STOCK EXCHANGE Jan. 1. Shares. March 1. 18,300 256,700 2,900 1,100 12,400 11% Mar. 31 11% Mar. 31 43% Mar. 17 5% Mar. 31 23 Mar. 28 98 Mar. 1 20*025 * 30,625 United Carbon 78,350 United Cigar Stores... 3,500 6% preferred 100 1,076,868 United Corp...............* Preferred 69,500 4,400 118*766 348*945 3,300 9,800 Universal Pipe & * .* 7,600 17,060 22,900 43,260 2,400 United Stores A 300 Preferred.... 140 1,900 9,400 * 100 28,000 168,534 3,400 9,100 398,134 13,000 15,700 1,000 22,100 1,600 1,427,300 58,200 1,300 55,500 66,700 24,600 54,500 5,500 5,043,610 100,100 2,800 20 170 180 370 60,300 6,200 *6*8*506 1,000 380 Sale * 100 50 1st preferred U S Smelt Ref & Mg 100 United States Steel.. 100 7% preferred.. Preferred 100 Sale ....10 • 17 100 ... 100 ..... 24 Sale 30 100 50 13,500 3,300 860 8,700 32,060 70 21,700 800! 5,100 530 2,700 7,900 127.600 12,600 547,600 600 1,100 100 3.800 Class B * 100 Convertible 9,500 400 17,800 200 Willys-Overland..... 16,600 "A"....' 7% preferred... 133,000 Worthington P 9c M 1,350 7% preferred "A" 2,550 6% preferred B 520 Wright Aeronautic 47,300 Wrtgley (Wm) Jr 2,788 14,600 8,288 54,700 30 410 • Sale 3X Sale 13X 13X 23 X Sale * 100 60 Yale 8c Towne Yel Trk 7% 8c C'ch class B preferred 3,400 Young Spring & Wire 9,800 Youngst'n Sh 8t Tube *4*266 (Blue) certificates Zenith Radio Corp 130,800 Zonite Products Corp.. N* car value 12 X 12% Sale Feb. 16 7 6% Jan. 28% Mar. 4 Mar. 23 Jan. 25 14 Mar. nW 20 Jan. 11 Jan. 11 10% 38% 1% 33% 5% 30% Jan. 15 7 8 Mar. Mar. 15 Jan. 5 Mar. 23 Mar. 9 Feb. 23 2 21% Mar. 8 94 Mar. 10 21% a* 71X 57 105 Sale 11 Jan. 60 Sale 99 93 14% Sale Sale 63 15% Sale 29% Sale 70 69% Sale 20 10% 5 8X 29X 10% 8X sex 31X 8 % Sale * 22 Sale * 1 Sale IX AX 20 12 7 12 11% 28 Sale 9 10 Sale 25% 27% % Sale 2 1% 4% Sale 23% 17% 20 100 IX 2% » 100 20 15 17 23% 1 2% 22% 24 42 Sale 18% Sale 100 32 41 20 100 25 45 24% 30 Sale 7X 50X 15 6% * 25 10 ..100 ,.* • ._.* 1 51X 13 Sale 1554 24 8% 3X Sale 8 12% Sale % »aie 7X Sale 30 5 3 Mar. 28 9 8 4 3 1 3 Mar. 21 % Mar. 3 24% Mar. 17 4% Mar. 12 86 Mar. 24 Mar. 17 Mar. 30 4 Mar. 1 27% Mar. 8 71 13 Mar. 26 17% Mar. 4 1% Mar. 21 6% Mar. 28 1% Mar. 22 2% Mar. 5 4 14% 36% 35% 88% Jan. Jan. Jan. Mar. 59 28 48% Mar. 9 27 X Jan. 23 3% Feb. 15 51% Mar. 11 8 Jan. 14 25% Mar. 4 5 Feb. 19 31% Mar. 3% Mar. 7% Mar. 65 Jan. J8* 18" 9 9 9 Mar. 14 Mar. 9 Mar. 8 Feb. 19 Feb. 19 65% Mar. 119% Jan. 130 Feb. 59 36 Jan. 8% Feb. 13 5% Jan. 14 11% Mar. 9 Mar. 3% Mar. % Mar. 10S Jan. 20 9 Mar. 11 Feb. 4 Jan. 14 Jan. 4 9 Jan. 18% Feb. 19 11% Jan. Mar. 4 30 Mar. 16 Feb. 7 Feb. 24 35 Jan. 22 Mar. 14 Mar. 2 Feb. 26 Jan. 2 % 39% 4% 88% Jan. Jan. Jan. Jan. 15 14 15 22 Mar. 17 30 Mar. 7 % 23% 3% 83% 20 37% Mar. 4 19 9 2% Mar. 4 40% Mar. 16 1 19% Jan. 29 29% Jan. Jan. 12 71 11% Jan. 5 19 Jan. 2 Jan. 5 1% Mar. 21 6% Mar. 28 1% Mar. 22 35 Jan. 5 70 Jan. 3 Jan. 5 14 66 70 Mar. 12 Mar. 16 10 H Jan. 13 25A Jan. 14 40% Mar. 16 4% Jan. 13 2 2 Mar. 22 13 Mar. 15 9 Jan. Feb. 1 7 Mar Mar, 23 Mar, 24 Mar, 22 1% 6% 13% 12% Mar. 8 Mar. 7 Mar. 11 Mar. 1 Mar. 15 1 Jan. 1% Jan. 11 3% 6% 10% % 20% % Mar. Mar. Mar. Feb. Jan. 7 Feb. 19 10 Mar. Mar. Mar Mar, 15 10* Sale 3% Mar. 1 Mar. % Mar. Mar. Mar. 9 8 8 68 68 Mar. 75 Mar. 54 Sale 54 Mar. 64% Mar. Sale 105 Mar. Sale 95 Mar. Sale 10% Mar. 2% Mar. Mar. 35 ,1 35% Sale Sale Sale 70 6% Sale 17% 20 IgK 27 Sale 26 15% Mar. 33% Mar. 71% Mar. 22% Mar. 66% Mar. 6% Mar. 22 17 Mar. 17 10% Mar. 16 Mar. 1 Mar. 30 10 22 % Mar. 17 Mar. 11 1 Mar. 3% Mar. 31 20% Mar. 17 14 14 Feb. 14 3 Jan. 18 28% Feb. 24 % Jan. 15% Jan. Jan. 22 14 70 Mar. 14 5 61 J an. 76 Jan. 11 4 53 98 Jan. Jan. Jan. 70 Jan. 12 110 83 6 Mar. 17 101% Mar. 28 16% Mar. 3 4% Mar. 4 10% Feb. 2% Mar. 4 8 33 Jan. 50 5 12 Jan. 3 19% Jan. 61% Jan. 17% Feb. 13 35% Feb. 19 72% Jan. 20 8 6 17 9 9 12 14 2 58% Jan. 47 8 % Mar . 4 17 Mar. 17 12% Mar. 17% Jan. Jan. Mar. 17 Mar. 47 Mar. *12 % Sale Sale 110 20 50 2101% Mar. 28 3 16% Mar. 3% Sale 19 21% 19% 1% Sale „ 8% 49% Sale Sale Sale 24 9 9% 15% Sale 8% 3% 15% % 8% 20 1% 1% 3% Sale 100 * 5% Jan. 18% Jan. 3 Mar. 28% Mar. % Mar. 1% Mar. 5% Mar. 20% Mar. 17 Feb. 9 Mar. 17 Jan. 12 29% Feb. 26 8% Jan. 4 21% Jan. % Jan. 1 Jan. 23 3% Jan. 12 20 Feb. 13 Feb. 19 9% Feb. 19 19 Jan. 12% Mar. 19 9 31% Jan. 12 Mar. 28% Mar. 1 Jan. 1% Feb. 5% Mar. 20% Mar. 17 ... "2% Sale 40% Sale 17% Sale 10 4 Mar. 65 10 22 Jan. Mar. Mar. 14 .. % Jan. 15 2% Jan. 5 44 7 70 6 Jan. 15% Jan. 21 15% Feb. 3 3% Jan. 27 5% Jan. 3% Jan. P 9 50 4 9 Mar. 66% 4 13% Mar. 21 3% Jan. 27 5 63 *12% 23% Jan. 10% Jan. 3 Sale 29 18 5 Sale Sale Jan. 7 Mar. 21 Mar. Mar. 105% 99% 10% 2% 90 Mar. Mar. 72 20 5 Mar. 47 80 9 28 29% Sale 49 Feb. Jan. 55% Jan. Mar. 1 47 63 48% Jan. 16 77 37 27 2 41% Mar. 7% Mar. % Mar. 6 93% Jan. 21 4 4 1% 3% 6% 10% 10 ioK* Mar. 31 Jan. 10 5 69 21 2 10% Sale 22% "ix 11% 8% Mar. 23 85 10 2 4?* * Preferred 6,200 1,002,700 Woolworth (F W). 10.000 63,300 12 X 3 5X 38 X 16% Wilson 6c Co "l~,406 Sale • 2,000 1,000 6,000 55 101 500 Wilcox-Rich Corp class A.._* 12,700 20 52 98 88 IX 600 650 Sale 2 % 9,500 10,900 3,600 253,600 19,100 1,150 * 13 13% 15 % IX 20% Vs 1 14% Sale 48 % 50 58% Sale 63 34 67 * B 37% 14 * 56*300 33% Sale * ^Macb Class 2*4*866 % Jan. Mar. 14 7 % Mar. 14 23% Mar. 2 3% Mar. 30 84% Mar. 15 20 1% Sale 3% Sale * Preferred 40 7 * Wilcox Oil 8c Gas Sale 2 .... 2,600 38,700 2 IX 5% 14% * 6.500 Western Dairy Prod A 30,800 White M'/Cor 5,600 White V/kc M Spr ctfs 18,400 White Sewing 7 37 90% 2 8% 18 * ... Sale 1% Sale • preferred Preferred-...... 17 70 1 1 Class A 69 8 100 Preferred Wesson Oil 8c Snowdrift 7,800 Westvaco Chlorine Prod 66 3 preferred....* Instr 22% Sale 70% 73 13% Sale 68% 90% 1% Sale 6% 7% 1% 1% 1% 4% Sale 19,700 Class B v t c * 378,950 Western Union Teleg 100 41,900 Westlnghouse Air Brake * 1,829,200 Westinghouse El St Mfg..50 1,630 7% 1st preferred.... 50 510 80 2% Sale 7 9% 1% Sale 31% 41 15 Sale 10% 1,870 7% preferred 100 1,190 Preferred (6)... .100 2,290 West Penn Pow pref 7%..100 1,450 6% preferred 100 300 18% Sale 70 Sale 1 ' EI 69 67 15 55 6 30 26% 5 * Weston Sale 2% Sale * 260 West Perm El Co "A" 5,700 25 % 85*4 Sale 5% 30 * Elsenlohr conv Jan. 3 46 31% Feb. 25% 4% 84% Sale * Webster $4 4 21 Feb. 11 Jan. 4 Feb. 8 1 Jan. 18% Mar. Mar. 7 Sale • Warren Fdry & Pipe Wheeling Steel Corp 9.100 2,300 .* ... 7% preferred 260 Wells Fargo & Co 4,300! 570 * Co 333,100 Warner Bros Pictures Preferred 2,530 3,700 Warner-Qulnlan 35,000 Warren Bros 280 680 * 100 preferred Walworth 2,600 Ward Baking class A 2,000 460 100 100 Detlnning..... 7% preferred 105,000 Waldorf System 1,300 4,800 700 170' . Vulcan 100 Walgreen 7 31% Jan. 17 12% Mar. 4 9,500 ""'130, 3% Mar, 31 % Mar. 3 23 5 "4.700 300 % % * 3 Preferred Mar. 26 Mar. 31 21% Feb. 1% Jan. 9 9 25% 12% Sale 7 2% 38 30 * 1st preferred Mar, 11 40 Sale * 9 9, 51% Mar. 7 38% Mar, 31 88% Mar, 30 105% Mar. 7 62% Mar, 28 65% Mar. 9 Mar. 11 127 Mar, 10 130 136 100 Utah Copper.... Utilities P 6c L"A" 1 Mar, 16 38 Sale S Tobacco Preferred 21 50 10,800 39 15% Mar, 40 5 120 900 8% 5% 11% 19% Mar, 31 Mar, 30 7 Sale Sale 36 5,940 700 2 4 Sale ...50 Preferred 100 930 84,500 7% Mar, Sale Sale * U S Rubber Virginia Iron, Coal & CokelOO 14,100 65 Mar. 28 62 100 U S Realty 9c Impt.. Mar. 5 Mar. 11 Mar. 4 Mar. 5 8 4% Mar. Prior preferred v tc 3% 51% 7% 25% Mar. 2 * t c 2,300 6% preferred 100 1,000 Virginia Elec 8c Power 6% pf * 70 Mar. 7 14% Mar. 9 15 Mar. 10 47 31% Mar. 3% Mar. 7% Mar. ' v t c 5,100 Va-Caro Chem 4,100 7% prior pref '"""70 90 2 * 7% Mar. 24 Mar. 21 20 22% Mar. 31 U S Indus Alchol...... U 2 4 9 3% Mar. U S Leather 8% 7 Mar. Mar. 28 3 * 20 Van Raalte Co 30 900 5% Mar. 31 19% Mar. 31 233,900 Vanadium Corp of America.*1 10 2,600 2% Mar. 31 47 Mar. 31 20 100 preferred.. v 9% Mar. 2% Mar. 48% Mar. 90 * 193,800 17,600 V adsco Sales Corp 700 Mar. 10 U S Hoffman Mach Class A Mar. 26 100 U S Gypsum Co 7% 9% Jan. 2 % Mar. 29 12 Prices. 13% Jan. 7 2 19% Jan. 16% Feb. 17 5 103 4 25 17% Jan. 86% Feb. 12% Mar. 31 13% Mar. 21 20 .100 24,000 U S Foreign Securities Corp. 1,800 Preferred........... 4,400 U S Freight * """700 10,500 Jan. Jan. 21% Mar. 8 94 Mar. 10 45 100 Preferred '"*466 17,800 19,100 90 Mar. 31 U S Express 1 600 Jan. 5 Jan. 5 Mar. 31 Feb. 9 20 8% Mar. 23 Mar. 31 1% Mar. 21 43% Mar. 1 19% Mar. 26 90 Mar. 21 * Leaf Tobacco 800 U S Distrib Corp 900 9% 41% 5% 20% 24 85 _._* Preferred 1,040 Universal Plct 1st ref 92,100 U S Pipe 8c Foundry 1st preferred..... 4,300 1*666 4,200 Jan. 9 90% Mar. 29 100 Preferred " 8 1 3 7 7 Mar. 15 27 15 Co—100 5,900 United Piece Dye Works... 940 16,700 2,500 Mar. Mar. Mar. Mar. Mar. Salt 10% Feb. 11 5% Mar. 23 30% Mar. 9 1 Mar. 7 18 * .... 150 10 1% 17% 10% 38% 1% Highest. Prices. 3% Mar. 1 21% Mar. 28 % Mar. 30 24 101 Go Preferred... Universal 9 Mar. 18 Mar. 1 14 ...100 United Gas 9c Impt United Paperboard 400 Mar. 31 7 Had Co..* Preferred 2,200 Mar. 26 32% Mar. 29 100 ...... 36,800 United Electric Coal.. 104,400 United Fruit... 800 11% Mar. 1 % Mar. 29 12 • 290 United Dyewood 750 Preferred 180 11,000 43,900 13% Mar. 8 19% Mar. 9 16% Mar. 3 46 Mar. 7 6% Mar. 3 28% Mar. 4 103 Mar. 23 - 260 . Salt Prices 4 Preferred 10C 940 10 United Business Publishers.* 286,100 21,400 Mar. 18 15 890 23,600 1,600 Sale Sale Prices. ^ 48,200 Union Oil, California 25,600 Union Tank Car 1,307,300 United Aircraft 6c Tr Corp..* Preferred ..50 13,200 2,000 United American Bosch Corp* 24,800 United Biscuit of Am—..." Lowest. Highest. Lowest. March 31. Par Shares. 18,500 RANGE SINCE JAN. 1. PRICES IN MARCH. STOCKS N. In March. EXCHANGE—STOCKS 1 Sale 24 27 1% Mar. 26 Mar. 23 1 Mar. 4 3 Mar. 3 45% Mar. 20% Mar. 8 7 1% Mar. 26 14 Mar. 23 % Jan. 11 2% Jan. 18 Jan. 36% Jan. 14% Mar. Mar. 9 30 25% Mar. 2 5% Mar. 28 51% Mar. 3 22 2% Mar. 1 17 Mar. 14 1% Mar. 14 4% Mar. 9 22% Mar. 2 40% Mar. 31 14% Mar. 31 31 40% Sale 14% Sale 20 30 30 35 22 Sale 22 7 4% 44% Sale 9 Sale 3 Sale 16 25 6% 12% 7^ 13 Sale 8% Sale % • Mar. 7 Mar. 31 5% Mar. 28 44% Mar. 29 8% Mar. 1 2% Mar. 28 24 Mar. Mar. 31 Jan. 25 44% Mar. 29 9% Mar. 8 4 Mar. 7 Mar. 7 9% Mar. 8 8% Feb. 10 2% Mar. 28 20% Jan. 6 7 Mar. 28 Mar. 7 12% Mar. 30 Mar. 7 9% Mar. 8 12% Mar. 30 16 % Mar. 14 8% Mar. 31 1 7 5 24 7 Mar. 28 Mar. Mar. 10 % Jan. 6% Jan. 3 Jan. 25 Jan. 13 26 1% Mar. 14 Mar. 9 Mar. 10 45% Mar. 8 23% Feb. 19 41 Jan. 30% Jan. 8% Jan. 15 11 Jan. 14 18 10% Jan. 18 57 14 12 9% Mar. 8 17% Feb. 17 24 Jan. Jan. 2 Jan. 5 9% Mar. 22 8 :Vv.' 'I- New York Curb Exchange 1 MONTHLY AND YEARLY RECORD RANGE OF PRICES ON NEW YORK CURB EXCHANGE Stock Sales. 1931. 1932. March Bond Sales. 4,524,072 14,089,000 13,611,274 Jail. 1 to March 31. 35,377,137 PRICES NEW YORK CURB EXCHANGE Since March. Jan. Shares. ___ Shares. $93,136,000 242,752,000 RANGE SINCE JAN. 1. MARCH. Price Jan. 2 1932. 1. INDUSTRIAL IN 1931. ,$77,058,000 ,204,343,000 Jan. 1 to March 31 AGGREGATE SALES. In 1932. March- Shares Bid. AND March 1. Ask. March 31. Ask. Bid. Bid. Ask. Lowest. Highest. Lowest. Sale Prices. Sale Prices. Sale Prices. Highest Sale Prices. MISCELLANEOUS 300 Abbott Laboratories com...* 100 1,200 300 475 700 125 200 700 100 200 700 50 Acetol Product*. Inc. A Acme Steel common Acme Wire Co 7% lstpf Supply Mfg class A Mar. 16 15 "334 "434 * Class B__ 425 9 334 Mar. 14 9 6 Feb. 1524 Mar. 16 334 Mar. 14 14 3 Jan. Jan. Jan. ; Feb. 3 80 6 6 Jan. Jan. 14 524 134 1234 134 Jan. Jan. Feb. Mar. 42 Feb 6 Mar. 100 com Preferred 10 4 2 1 .* Aero Underwriters Corp....* 7,600 Alfa An sco Corp Mar. 1234 334 1 15 Sale 234 12 2 234 234 800 Convertible preference...* 300 Warrants 125 Ala Gt Sou RR ordinary 50 190 Preference 50 6 Sale 6 Mar. 6 I 234 Mar. 30 3 45 Mar. 28 42 2,600 Alnsworth Mfg Corp com...* 1,700 Air Investors Inc com ▼ t c..» 30 134Mar. 18 234 100 To 6 Mar. 30 Mar. 28 1,200 200 All America General '4 231 34 Mar. 22 7* 24 Mar. 22 34 9 83 7,200 Allied Mills Inc. ...» 3-16 3 8 700 Alliance Investment com...* 200 Allied Int Inv S3 conv pref— * "moo 10 634 334 34 11 4 Mar. 19 Mar. 4 11' 8 70,035 Aluminum Co Preferred 7,100 2,800 * common 100 900 3,800 24 285 Series B 27 334 334 Mar. 23 334 1,900 5,100 "5l>| Sale' 49 Sale '3534 Sale 5134 Sale 6234 64 53 34 Sale 15 25 1834 21 Series C warrants 75 57 111 Aluminum Ltd » """loo 200 '""400 200 Series D warrants......... 1,500 200 300 ...» 100 * 1134 Ih 7f^ a11.* h1 Sale 118 -* "234 ~~5~~ 34 34 m \ 34 Corp.* com Common class B 34 34 2J4 Mar. 11 334 Mar. 1,100 34' 300 48,200 Amer Founders Corp.... 70 170 American Hardware.. 3,100 16,600 Amer Investors 9,000 Warrants 900 934 Mar. 14 com 3 1,425 Amer Mfg Co 600 Sale „34 7 Preferred X IK IX 34 Sale a '"334 Fence Sale Sale 8 9 15 46 32 45 55 15 200 122,600 3,100 4,300 ""'200 1 45 20 234 234 » com H Sale 13-16 Sale X Sale 10 Associated Rayon Corp com.* Atlantic Coast Fisheries * Atlantic Fruit & Sugar 34 34 5-16 1 134 134 7 334 334 Sale 2 1 IX 234 34 134 234 vtc * com Jan. 234 Feb. 10 8 34 934 234 34 34 34 2 3 534 Sale 3234 34 134 Sale K 34 Jan. Jan. Mar. Mar. 17 47 Feb. Feb. 26 00 Jan. 12 150 Feb. Jan. 12 110 Feb. 25 16 2134 Mar. 17 1434 Feb. 34 Mar. Mar. 7 Mar. 9 5 524 Mar. 5 234 Jan. 24 Mar. 3 6 34 Mar. Mar. 10 Mar. 21 Mar. 20 Mar. 10 234 Mar. 24 Mar. 3 Mar. 9 1 Mar. 2 20 Mar. 30 a:2234 Mar. 21 234 24 1424 1224 Mar. Mar. Mar. Mar. Jan. 10 224 Mar. 34 Mar. 8 9 40 45 9 40 45 3634 134 40 134 com pref * • 1 134 23 'lm ""§34 "934 2434 22 2434 Mar. Mar. Mar. 10 Mar. 9 Mar. 134 Jan. 24 Jan. 20 9 5 Mar. 3 Mar. 21 34 Jan. 734 Jan. 20 2 5 Jan. 12 Mar. 21 Jan. 2 Mar. 234 Mar. 34 Feb. 1424 Mar. Jan. 2 Mar. 14 Jan. 6 Mar. 11 11 Mar. 13 10 45 Mar. 45 Mar. 11 Mar. 9 534 Jan. 4234 Feb. Mar. 11 Mar. 11 Mar. 2424 Mar. 14 Mar. 16 Mar. 11 -3 1-16 34 1-16 Mar. 21 34 Sale Sale Jan. Jan. 6 Jan. 7 7 Mar. 16 224 Mar. 12 18 234 Jan. 14 11 7 3 Mar. 16 Jan. 4 3 Mar. 11 7 34 Mar. 31 Mar. 29 5-16 Mar. 134 Mar. 7 4 3 Mar. 11 22 Mar. Jan. 5 Jan. 234 Jan. 124 Jan. 11 27 1-16 Mar. 21 2 Mar. 29 34 Mar. 31 7 Mar. 29 Feb. 25 134 1 134 Mar. 17 134 Mar. 34 34 Mar 14 334 Mar. 5 134 Mar. 1 Mar. 10 Mar. 5 Mar. 8 Mar. 15 5 2 7 334 6 434 5 Mar. 29 34 334 324 734 2 4 Mar. 16 2 Mar. 16 1 4 Mar. . 334 Mar. 1 134 134 Mar. 30 124 Mar. "224 124 2 524 Sale 35 37 124 Sale 8^ 4 1 1 Mar. 29 134 Jan. 7 7 Jan. 9 Mar. 5 Mar. 8 Mar. 29 Jan. 8 Mar. 16 Mar. 16 3 234 Jan. 6 5-16 Jan. 1 Jan. 1 Feb. 25 1J4 Mar. 4 134 Mar. 15 2 9 Mar "28 "224 Mar."28 Mar. 14 524 Mar. 31 234 Mar. 11 734 Mar. 9 7 36 124 Mar. 29 2 34 Mar. Mar. 3 234 Mar. 15 824 Mar. 14 134 Mar. 10 Sale 2 9 Mar. 9 45 Mar. 18 Mar. 28 Mar. 26 Mar. 26 40 1 1 9 Mar. 9 Mar. 7 234 Mar. 21 41 9 Mar. 26 334 Mar. 3 234 Mar. 15 32 42 34 Jan. 2 134 Feb. 26 34 Mor. 14 334 Mar. 5 134 Jan. 21 "134 ""234 934 Sale ;8X Jan. Mar. 16 3 734 4 19 5 13 19 Mar. 8 Jan. 22 Jan. 20 Jan. 7 Feb. 20 Mar. 29 Feb. Mar. Jan. : Feb. Jan. Jan. ! 5 19 17 Jan. Mar. Feb. 1-16 Jan. .._* Feb. Feb. Mar. Feb. o2 new 2,800 BellancaAircraft gee page 21] 1 Mar. 16 234 Mar. 23 434 • 8,700 Benef Indus Loan Far Jootnotes 1134 Mar. Mar. 29 5134 Mar. 8 Mar. 14 147 Mar. 12 7 2 " "3"" 154 2 434 Sale 4,900 cum conv Sale 45 34 Sale 734 234 1 2 500 $2.50 4 Jan. 22 "l6"" Sale" . 334 * 100 Baumann (Ludwig) & Co— 40 Conv 7% 1st pref 100 600 Mar. * 775 Babcock Ac Wilcox Co 600 Bickford's Inc 234 Sale 34 34 1434 15 *4 38 234 1,300 Aviation Securities Corp.... 1,000 Aviation Secur of New Eng.* 100 Sale 3 3 i~X * com Conv prior partic 234 234 34 Sale 20 7 "I ... 40 6 10 10 534 5,000 $3 preferred A 17,900 Warrants 9,100 Automatic Voting Mach con 6,700 Conv prior participating..* 425 Feb. Jan. 134 Feb. Corp— Atlantic Securities com 900 Atlas Plywood 434,100 Atlas Utilities Corp com 200 18 16 19 3 10 6 American deposit recta..£1 500 Associated Laundries com 200 1,300 1,000 6 Jan. 4 24 Mar. 8 834 Mar. 29 Mar. 11 3 34 Mar. 31 34 34 30 16,400 800 334 16* Associated Elec Industries— "'"loo 334 Sale 15 100 Animal Trap Co of Am com..* 1,000 2,100 1,200 1,000 234 « 11 2,700 Arcturus Radio Tube com..* 4,680 Armstrong Cork com... * 2,500 26 15 100 """700 Sale 1 17 1,200 1,850 400 Art Metal Works 234 34 20 Anglo-Chile Nitrate Corp.., 4,900 Ex stock distribution 400 Jan. Mar. 1034 Mar. 14 19 Feb. Jan. Mar. Mar. 6 24 Mar. 22 34 Mar. 20 10 49,200 Class B v t c * 4,500 American Yvette Co com...* 400 Amsterdam Trading Am shs. 1,400 Jan. 5 4 8 8 30 00 . 8 18 common. * Amer Utilities & Gen Sale 334 15 100 200 Amer Transformer 1,900 Anchor Post Jan. Jan. 234 Mar. 18 34 Mar. 24 """34 Sale' • 100 common 25 300 Amer Phenix Corp... „.._* 1,200 Amer Salamandra Corp 50 1,700 Amer Thread preferred ..5 50 Feb. Jan. 8 2034 Mar. 115 20 425 American Meter Co i Mar. 834 Jan. 234 Mar. 15 20 % Laund Mach com 600 Amer Maize Products com 200 400 500 * 25 cl B._.* 1,420 Amer 375 125 225 ?3)f 30 Jan. 1-32 Jan. 7 Mar. 34 Mar. 22 34 K 5 . 970 400 11,500 1,000 • 100 100 Amer EI Secur partic pref..20 12,100 American Equities com 2,400 8,100 400 34 Sale 8 1-16 Jan. 1,900 Amer Dept Stores Corp 240 7% 1st pref series A 100 100 3 §6" "Mar ."17 Warrants Feb. Feb. 60 "134 "5~" 160 108 14 3 ""34 Mar.""7 '""34 Mar.""7 134 140 2 Jan. 9 3-16 5 300 34,200 Mar. 47 140 1,200 Amer Cyanamid com cl A...* 85,350 Common class B_. 15 Jan. 5324 Mar. 12 8 * 2,700'Amer Commercial Alcohol 11,700 American Corp common.. "moo 27 Feb. 324 34 3534 4934 4 cl A* _._..* $3 preferred ..... "Y.966 2 Mar. 19 10 $5.50 prior preferred... • 917 American Cigar Co. com..100 Preferred 150 ..100 100 Mar. 5 1034 700 Amer British 6c Contr 500 Amer Capital Corp Mar. 31 17 234 Mar. 18 100 Amer Beverage Corp........* 2,700 3534 Mar. 31 4934 Mar. 30 5 3,800 Araer Austin Car Com 200 Amer Bakeries cl A stock "moo Sale 17 warrants Aluminum Goods Mfg 200 American Arch Co ; Jan. 7 234 Mar. 11 434 Sale 40 : 200 Allied Motor Indus com....* ""9,856 Jan. 12 Feb. 13 Feb. 3 Jan. 2 Jan. . 524 Jan. 34 Jan. 4 36 * Corp.20 • i I [ ; 9 34 Feb. 34 Feb. 34 234 ........ 2,400 Alexander Industries ; Feb. 18 ; Jan. 23 Jan. 29 _ 534 25 ▼ t c Adams Millie Aero ... * 25 Mar. 23 20 5 224 Mar. 28 2 Jan. 4 434 Jan. 4 3334 Feb. 19 124 Jan. 2 34 Feb. 10 3 Mar. 3 234 Mar. 15 824 Mar. 14 134 Mar. 10 4 Mar. 3 34 Jan. 25 134 Feb. 13 134 Mar. 15 1-16 Jan. 5 334 Jan. 15 234 Feb. 16 734 Mar. 9 36 2 Mar. 26 9 Mar. 134 Jan. 7 634 Jan. 28 234 Mar. 15 9 Mar. 7 234 Mar. 21 4 39 Jan. 21 45 Mar. 4 Mar. 28 1034 Mar. 14 9 Mar. 26 32 Mar. 18 Jan. 7 40 1 834 Feb. 9 23 5 Mar. 26 Feb. 24 54. \ Mar. 4 Mar. 4 134 Feb. 25 1134 Jan. 14 10 Jan. 8 24 Jan. 14 42 NEW YORK PRICES AGGREGATE SALES Jan. Shares. Shares.' 1. 7 200 Lowest. Highest. Sale Prices. Sale Prices. March 31. March 1. Ask. Bid. INDUS. 8c MISC. (Con.) Par * 200 Blaunera common 3,200 Bliss (E W) & Co common—.* * 42,287 Blue Ridge Corp com Opt 6% Conv pref 45,587 50 700 Blumenthal (S) 8c Co com—* 50 Bohack (H C) 7% 1st pref 100 '"700 11,400 23,500 RANGE SINCE JAN. 1. Jan. 2 1932. March. IN MARCH. Price NEW TORE. CURB EXCHANGE Since In EXCHANGE CURB Lowest. 32 3 Mar. 31 Mar. 29 4 1* 18* Sale 3 10 89 Mar. 12 3 2X Mar. 3 99 Sale >4 Mar. 1 Mar. 30 Mar. 9 Mar. 30 27 5 Highest. Sale Prices. x9 Feb. 15 2** Mar. 31 1*5 Jan. 4 Jan. 6 17*5 Sale Prices. x9 Feb. 15 4*5 Feb. 3 2*5 Mar. 27 Mar. 3 9 4 Feb. 20 6 Jan. 86 Feb. 13 '86 Feb. 11 13 59 Jan. 15 59 Jan. 15 4 Jan. 7 2 Jan. 14 Boston & Maine RR— ■ :' v. 10 Prior preferred... ..100 -* 900 Bourjols Inc Bowman-Bilt Hotels— 300 -4 K 5** 3X 5 3X 4X 4** Jan. 7 2 Jan. 14 ' """200 preferred ..100 300 Bridgeport Machine com....* 1,400 Brill Corp class A —* 700 Class B * 300 Brillo Mfg Co common * 2,200 1,900 5,900 Brlt-Amer Tob Ord bearer_£l Amer dep receipts reg 4,400 £1 1st X 4 IX X 6X IX 3 3Vs 12X X 1 1 1*4 Feb. 13 2 7X X 14** 6^ Jan. 27 1 X Sale" xOX Mar. 15 14X Mar. 5 13** Mar. 2 xOX Mar. 15 IX Mar. 24 6X Mar. 24 IX Mar. 2 6** Mar. 24 7 2 Mar. 15 13X Mar. *4 6*5 12*4 12*5 1*5 Feb. 13 1** Jan. 14 *5 Jan. 13 6*5 Jan. 5 Jan. 4 Mar. 15 Jan. 4 15 Mar. 7 Feb. 10 13*4 Mar. 2 British Celanese— American dep receipts.. 7,900 1,110 Bulova Watch Co $3.50 con pf * 4,000 200 ll* 2lH ■ 500 100 200 600 """200 ~3"606 Burco Inc com * ...... 6% pref with warrants..50 Conv preferred \2A t* 6g 1% IX 4** 30 20 30 IX IX " Sale 26 9,200 15,700 ... Cable Radio Tube IK IX 2 2K c_* com v t X IX 2 Sale 2X IX IX X X Sale X Sale Sale 1 5 100 Campe (The) Corp com—.-* 400 Carman & Co conv A stk... 800 3,300 Carnation 11 13 10 X 17 8 17 Co common 800 Carrier Corp common * 17** 10 14 40 18 25 40 28 2 4 IX Mar. 1 IX Mar. 14 ** Mar. 13** Mar. 300 Camden Fire Ins Assn 300 Mar. 28 27 Jan. 29 Mar. 31 X Feb. 18,800 Burma Corp, Amer dep rets.. 20 3,500 Butler Bros """loo Mar. 31 18 26 Warrants 1,000 300 '26 1*4 Mar. 24 6*5 Feb. 10 X Feb. 5 "§ 13 1 3 Mar. 29 1** Mar. Mar. 29 9 1 17 Mar. Mar. 26 8 Mar. 16 Mar. 10 10X Mar. 9 8 7 IX Mar. Mar. 13*1 6 Sale 9 Mar. 10 2 1 8 11 1*4 Jan. 5 1*5 Mar. 14 ** Jan. 21 13*5 Mar. 3 2*5 Jan. 26 Mar. 29 9 1*4 Feb. 13 12 1 Jan. 25 Feb. 20 18 Jan. 29 27 Mar. 28 3-16 Jan. 15 1*5 Mar. 2** Jan. 9 9 1*4 Mar. 8 13*5 Mar. 7 2*5 Jan. 26 13 Feb. 6 18 Jan. 15 6 Mar. 26 10 Jan. 12 Mar. 10 Jan. 13 24*4 Jan. 13 16** Jan. 13 Celanese Corp of Amei 2,900 7% 1st partlc prof ..100 New 7% prior preferred.100 3,600 1,000 Celluloid Corp common * 350 1st preferred. _.....* 2,300 Centrifugal Pipe Corp—.._* 1,200 Chain Stores Develop com..* 1,100 2,125 800 100 800 2,400 3,400 Chain Store Stocks Inc * 500 Charts Corp common —* 60 Chic Burl & Qulncy RR..100 100 Chicago Rivet & Mach Co...* 540 Child s Co preferred 100 200 """160 240 4,242,765 .Cities Service common Preferred... 17,600 354,265 6,500 300 350 - mm 330 3,100 ....* * * Preferred B........ 2X 20 4 3 X 5X 13 OX 30 2X 24X Mar. 26 2** Mar. 3 Mar. 25 "3X ~~3X Sale 13** 5X Sale 13** 11 9 3** Mar. 10 Mar. 8 16 32 Mar. Mar. 25 Mar. 8 7 9 22 3 3X Mar. 10 5X Mar. 19 Mar. 6 Mar. 30 11 11 8 Mar. 30 2X 3X 20 Sale 52 X Sale Mar. 5X Mar. 14 11 9 Mar. 10 43X Mar. 24 IX Mar. 1 3 Mar. 21 45 IX IX * 2X 4 3 1-16 8 10 conv 3 X 5X 5X Sale 1.55 4 1-16 ** 1-16 Mar. 1 OX Sale "OX "8X "OXMar .""8 5X Mar. 1 2 2 1 Jan. 5 3 Jan. 14 Jan. Jan. 7 1 1 "7 X"Mar." 14 7** Mar. 18 2 IX Jan. 23 Jan. 5 5 3 4** Jan. 1*5 Mar. 5 27 5 1*5 Feb. 5 1-16 Mar. 15 1-32 Feb: IX Mar. Mar. 19 9 Jan. 30 6*5 Feb. 19 53*5 Mar. 9 4** Feb. 10 4 1-16 1-16 Mar. 10 "** "2X Jan. 19 Jan. 28 Jan. 4 3 Mar. 21 1 6*4 12** 99*4 30 Mar. 16 Jan. 9 ar. 1** Mar. 3 12 8 4 3X 1-16 Sale IX 2X Jan. 4*5 Feb. 3-16 Mar. 31 M 13*4 Feb. IX Sale 3X 3 pf_* 400 Consolidated Aircraft com..* 100 19 5*5 Mar. 28 44*1 Jan. 5 4*5 Feb. 10 41** Jan. 9 * 100 Columbus Auto Pts Jan. *5 1 mrnm mm — Mar. 30 3 17** Mar. 15 6X Mar. 5 53** Mar. 9 9 10 25 3X Feb. 27 *5 Feb. 3 Mar. 31 5X Mar. 28 49** Mar. 28 3 Sale 5X Sale 49** Sale 10 3 Jan. 26 20 Jan. 18 Mar. 7 42 4 2*5 Feb. 96** _....* Preferred BB_ 7,000 Colombia Syndicate... 1 400 Colt's Patent Fire Arms Mfg25 1,500 Columbia Pictures Corp com * Common vot trust ctfs * 8,400 400 2,700 Sale 2 150 17 X 6 48 5% Sale 45 H Sale 500 Club Aluminum Utensil """500 5X 11 90 10,800 Claude Neon Lights com 2,000 Cleveland Tractor com 200 3X 3X 16 26 3-16 15 10 Sale Sale 2X 3 0 Mar. 45 1*4 3** *4 Feb. *5 14*4 7*4 7*5 4** 2*5 2 Jan. 9 Jan. 19 Feb. Feb. Mar. Feb. Jan. Jan. 1 17 7 14 18 27 14 Consol Automatic 1,100 mmm m 12,900 200 S3.50 preferred.. * 3,300 Cons Retail Stores Inc com.* mm 400 m mm mm mm mm Merchandising v t c......* 100 Consol Theatres Ltd mm 1-16 Sale 1 1-32 Mar. 15 IX t c__* ▼ 1,500 Continental Chic Corp com.* Convertible preference—* 200 A 200 Continental Secur common.* IX 3 2 X ** X ** "I" Mar."l6 2 2 Mar. 15 2 it* *5 X *5 1*5 Jan. 18 Sale Jan. Feb. 23 Jan. Feb. 1*4 Jan. *5 Feb. *5* J an. Mar. *5 Jan. 2*4 Feb. 19*4 Feb. IK Jan. 2 19 7 15 21 16 19 2- Continental Shares Inc— Preferred series B 100 2,028 Convertible pref.......100 5,725 1,400 Coon (W B) Co common. * 100 7% pref with warrants..100 1,200 Cooper Bessemer Corp com..* S3 cum pref with warr. 3,100 Copeland Products Inc class A without warr —-_* 1,700 171,200 Cord Corp .....5 '3,700 Corporation Sec of Chic—..* 7,400 Corroon & Reynolds com—* |6 Conv pref A...........* 4,800 725 2,025 500 100 300 ( 2,200 1,000 35,000 700 2,300 1,100 Courtaulds Ltd mm mm Sale 2 3 4X 9X Sale 2X 7** 3 Sale IX Sale IX Sale 3 2 5X 10 1,800 5,200 200 300 200 Mar. 28 1 Mar. 29 5 Sale 7 Sale IX IX 2X 13 X 17 4X 3X Sale "I 2" 8 Sale 14X 15** 3X ** 1** 15** Mar. Mar. Mar. Mar. "7 1 31 18 17 24 2*4 Mar. 10 Mar. 5 Mar. 26 Mar. 14 Mar. 16 7*4 Mar. 11 2** 4** 49** 2** Mar. 12 14 Mar. 28 5X Mar. ** Mar. 2** Mar. 2 2 8 Mar. 5 18 IK Mar. 31 Mar. 28 1 4*5 Jan. 11 49*5 Mar. 14 2*1 Mar. 5 Mar. 29 5 10*4 Jan. 16 3*5 Mar. 31 ** Feb. 8 1*4 Feb. 8 7*5 Jan. 5 2*5 Jan. 3K Jan. 14 14 Jan. 19 5 49*5 Mar. 14 3*5 Jan. 15 9*5 Jan. 2 Mar. 12 8*5 Jan. 9 1*4 Jan. 14 2** Mar. 8 18 Mar. 5 14 £1 5K 100 Preferred Crocker Wheeler Elec Mfg__* 3X 4*4 Feb/ Mar. 28 Feb. 17 7 3*5 Mar. 22 14*5 Mar. 22 IX Mar. 24 14 X Mar. 22 14X Mar. 22 Mar. 28 55 50 7 5*5 Jan. 27 Mar. 28 Jan. 28 5*5 Jan. 6 6X 5X . 75 mm IX Mar. 31 4X Mar. 26 49** Mar. 14 2** Mar. 5 U X Mar. 22 Am dep rets for ord stk reo 200 25 60 Crane Co common 50 mm 2*5 Sale 50 3X Sale 3 4 "2 Mar. 3** Mar. 22 14*5 Mar. 22 IX Mar. 12 26 7 53 Crosse & Blackwell Inc— < $3.50 pref without 2,400 Crown warr...* "lK sale" Cork Internat cl A. ~1% 2 IX 1*4 Jan. 2 Feb. 2 19 Crown Zellerbach Corp 900 1,925 * $6 conv pref A 100 Cuban Tobacco 400 1,400 100 6 X % pref with warr 100 100 900 Curtis Mfg Co (Del) A stock.* 500 Curtiss Wright Airports v t c * 4,300 Curtiss Wright warrants 900 500 2,400 600 1,800 9,400 14,300 1,700 Davenport Hosiery 39,700 Dayton Airplane Englne. .100 80,500 Deere 8c Co com 74,500 De Forest Radio v t c 100 5,100 100 300 1,500 150 700 "3" 800 34,800 400 18 15 17 1,300 Driver Harris Co 30 7% preferred 13 14 X 9X IX Sale Sale Sale X 100 X Mar. 22 Mar. 29 Mar. 11 18 "I 12*5 Feb. 24 Mar. 1 1 19** Mar. 9 15 Mar. 29 Mar. 11 65 10 65 13 17 3-16 9** „ Sale 12 Sale 1-16 Mar. ** Mar. 29 ** Mar. 26 13 ** OX X 3-16 Sale Sale X ** 4 Mar. 30 Mar. 5 Mar. 31 Mar. 23 13** Mar. 15 IX Mar. 18 X Mar. 1 12** ** OX X 3-16 Mar. 11 '2X "3" 18** 8 X X X 1 Duval Texas Sulphur "2X "2X Sale 22 8 6 » ..* 3 2X 34 ox Sale 11 1 27 29 11 Jan. 4 12** Mar. 30 Jan. 6 6*4 Mar. 31 1*5 Mar. 1 X Mar. 23 1** Mar. 18 *5 Jan. 5 48 Mar. 22 2*4 Mar. 22 29 Jan. 6 9 18*5 Feb. 5*5 Jan. 4 66 Feb. 16 *5 Mar. 31 X Mar. 16 X Mar. 26 5-16 Mar. 11 48 2*4 30*4 20** 6*4 Mar. Mar. Mar. Mar. 22 22 21 31 2*5 Mar. 10 35*4 Mar. 3 22** Mar. 22 9 Mar. 22 Mar. 3 IX Sale ** X. X Sale X X ** Mar. 31 *4 Mar. 16 ** Mar. 26 1*4 Mar. 17 ** Mar. 1 X Mar. 5 X IX X X ** Mar. 29 3*4 Mar. 21 3*4 Mar. 21 1 Jan. 11 Mar. 1 9 Mar. 29 Mar. 11 65 13 ** Mar. 29 3-32 Jan. 11 14 Jan. 8 *4 Jan. 11 14*5 1*5 Jan. 15 Jan. 8 1-16 1** Mar. 18 Mar. 22 1-32 19*5 Mar. ** Mar. 29 1-16 7 X. a Jan. Mar. Jan. Mar. Mar. Mar. 10 48 common ..10 100 Durant Motors Inc—... 20 1-16 IX 3X X Sale 600 Eastern Util Invest class A_* * 500 Edison Bros Stores com 300 1-16 13** ** 8X 1** X ♦ Dubilier Condenser Corp 13** Mar. 16 ** Mar. 29 1-16 IX Sale Sale 8J00 175,200 2,600 18 10 » Dow Chemical Co com— 700 Draper Corp I " Mar." I 65 A Detroit Aircraft Corp... 40 Dixon (Jos) Crucible Co. lioo * 600 Doehler Die-Casting Sale 20 1 De Haviland Aircraft Co Ltd Am dep rets ord reg shs ..£1 34,100 10 900 10 Cuneo Press com 2 1-32 t c—* com v Mar. 13 700jCuban Cane Products warr. """ioo 13** Mar. 16 1** Mar. 18 ** Feb. 2 Jan. 11 3*4 Feb. 5 35*4 Mar. 3 22** Mar. 22 9 Mar. 3 66 Feb. 16 1** Jan. 18 J5 Jan. 12 *5 Jan. 11 66 Mar. 1K Jan. 5 3 Jan. 26 4 Feb. 18 8 1 Feb. 15 12 1 Jan. 6 2** 6*4 Mar. 31 6 Mar. 31 8*4 8*4 4*4 49*5 8 *5 Jan. 4 Educational Pictures Inc 8% 150 5,700 4,500 5.100 1,200 600 17,900 8,550 16,900 4,100 1,900 pref with com pur warr.100 com * Eisler Electric ...* Class A. Elec Shareholdings com 300 100 Class B common 100 700 Empire Corporation Class A non-vot * com —* 100 footnotes .....100 600 Fan steel Products Inc 200 Fedders Mfg Co class A see pane 54 4 Sale ,45** 65 IX Sale OX Sale IX Mar. 31 6*4 Mar. 31 6 6 AVa 45 Sale A* 49 29** Sale 29** Sale 1754 30 X 17** 2X X 18 X X 18X 3X 3*1 com 10 600 Fairchlld Aviation class A..* 400 Sale Sale 7X Mar. 31 3*4 Mar. 21 45 Mar. 29 2*5 8** 8*5 4*4 49*5 Mar. 8 Mar. 7 Mar. 7 Mar. 9 Mar. 12 U 16 IX * 3 38 Jan. 30 Jan. 4 10*4 Jan. 12 1,500 Fageol Motors Co 1,880 Fajardo Sugar. , 2X 7** 7X __* com... 1,200 Employers Re-insurance...10 200 IX 8 7X 4 42 Co—25 100 Ex-Cell-O Aircraft & Tool—* 250 1 6X 6X 3X 38 $6 cum pref with w 250 Elgin National Watch Emerson's Bromo-Sel 100 'loo .* Elec Pow Associates com 3X X 1 17** 2X 5 1 15 IX 3X 1-16 21X 3X X IX 20 Sale 5X 18*4 1* 29** Mar. 31 29** Mar. 31 29** Mar 31 29** Mar. 31 . 7-16 21 2K 15** Sale IX 1* 3X 6* l8**"Mar.~26 'l§*|"Mar."26 ** Mar. 1 15 3 Mar. 28 Mar. 2 IX Mar. 24 *5 Mar. 3 IX Mar. 7 15*5 Mar. 31 2 Mar. 12 29** 29** *5 16X 3*4 Mar. Mar. Feb. Jan. Feb. 31 31 15 8 24 Feb. 20 1 Jan. 9 14** Feb. 24 1** Jan. 27 3*5 Feb. - 1-16 Jan. 14 11K Jan. Jan. Feb. Mar. Mar. Jan. 30 Feb. 9 14 13 9 12 18 4 29** Mar. 31 *5 Feb. 15 20 Jan. 27 3*5 Feb. 24 5-16 Jan. 13 1** Mar. 7 16*5 Feb. 15 2 Mar. 12 4 Feb. 5 NEW AGGREGATE SALES ! In March. PRICES IN MARCH. NEW YORK CURB EXCHANGE Since Jan. 1. Shares. Shares. 400 700 Bid. 100 13,700 6 Ford Motor of Canada cl A..* 400 Class B 254 54 300 354 2 95* 9 ♦ Ford Motor Co, Ltd, Amer dep rcts._Ord reft £1 109,000 600 Ford of France Am dep rets.. 44,200 Sale 6 754 5h 100 200 900 Foremost Dairy Prod Cony preference 300 200 2,100 Foremost Fabrics Ck^p • com 454 "754 Highest. Lowest. Highest. Sale Prices Sale Prices. Sale Prices. 5* Mar. 31 Mar. 4 5* Mar. 31 5 24 15 54 354 15* 125* Mar. Mar. Mar. Mar. Mar. 19 4 Mar. 31 45* 5* 54 5* Mar. 24 Mar. 3 Mar. 2 Mar. 8 Sale 45* Sale 5* 3-16 35* Sale 5* Sale 15* 2 S , 3-ft 19 30 5* Feb. 24 105* Feb. 23 65* 754 54 5* Mar. 12 2 75* Feb. 15 85* Feb. 25 5* Mar. 12 15 9 4 15 Mar. 3 4 Jan. 15* Jan. 85* Jan. 165* Jan. 25 Mar. 3 65* Jan. 11 65* Mar. 1 5* Jan. 6 45* Mar. 24 5* Jan. 26 54 Jan. 6 5* Jan. 8 54 Mar. Mar. 23 15* Jan. 20 Mar. 31 4 Mar. Mar. Mar. Mar. Jan. 13 4 Mar. 23 55* 65* 5* 54 2 3 6 Jan. 25 Jan. 8 Jan. 11 1% Mar. 29 15 Mar. 3 25 Mar. 3 4 Jan. 145* Jan. 554 Jan. 26 55* Mar. 75* Mar. Mar. 30 20 154 15* 125* Sale 254 5* Sale 15* 2 % Lowest. Sale Prices. Sale 65* Sale 5* 54 54 5* 5* 54 ""5* * 8 Sale 5 Ask. 55* Sale 65* 754 354 4 15* iVs 14 5* Sale 24 Sale Sale March 31. Ask. Bid. 5* Bid. Sale 3 1,000 46,550 1,075 Ask. 14 5* 400 Fire Alio of Philadelphia.. 10 500 Flshman (I) & Son class A—* Fltntkote Co class A .....* 300 Foltls-Fiacher Inc com.....* 300 March 1. 1932. INDUS. 8c MISC. (Con.) Par Federated Capital Corp * ... ""206 RANGE SINCE JAN. 1. Price Jan. 2 1,400 1,200 6% cum preferred ...25 3,900 Federated Metala Corp .* 2,200 Flat Amer dep rets... """306 43 EXCHANGE CURB YORK 54 Jan. 6 54 Jan. 20 Foundation Co foreign shs 14,900 4,900 18,600 20,300 class ""166 254 5* 2 * A Fox Theatres class A com 400 Franklin (H H) Mfg com 150 7% preferred..... * 54 2 Sale 1 • 100 35* 800 Garlock Packing Co com _* 11,065 General Alloys Co * 19,700 General Aviation Corp com * 100 General Capital Corp com..* 200 6,000 7,300 7 3 5* 954 154 Sale 654 7 • 1 654 85* 25* Sale 354 Sale 754 Mar. 26 1" f 75* Sale 754 85* 25* 654 3-16 54 35* Mar. 14 15* Jan. 11 2 2 6 754 Mar. 15* Mar. 2 8 854 154 2 35* Sale 6 Jan. Mar. 24 Mar. Mar. 24 15* Mar. 5* Jan. 1 6 80 French Line Amer shares SO 17 Feb. 2 Mar. 14 25* Mar. 11 5* Mar. 1 754 Mar, 2 754 Mar. 24 8 Mar. 10 Mar. 15 15* Mar. 754 Mar. 26 5* Jan. 5 Mar. 25* Mar. 30 35* Mar. ~ 3 85* 25* 354 25 xl55* Jan. 5 3:155* Jan. 26 Jan. 754 Mar. 15* Mar. 2 Jan. Mar. Jan. Jan. 9 2 20 30 13 25 General Elec Co of Great Brit 4,300 13,200 3,300 American dep receipts £1 General Empire Corp ——* 300 Gen F1 reproofing com.....* 700 "i~,666 1,000 10,900 51,400 General Leather Co Gen _* * * 2 5* 9-16 ! 7-16 Sale 3 1 12 1 15* 20 2 * 195* 225* 265* 10 Sale 54 Mar. 28 5* Mar. 16 1 5* 1 159,345 18,800 350 1,350 Trading....* 3 5* Seal Electric Co......* 54 Goldman-Sacns Gold Gorham 400 13,300 * * Gotham Knltbac Mach * 854 54 3 790 2,450 Grnymur Corp * 300 Gray Tel Pay Station com * 1.510 Gt Atl 8c Pac Tea 1st pref. 10® 2,020 Non-voting common stock * 100 900 Great Northern Paper Co. .25 150 200 Greif (L) 8c Bros Inc com...* 375 7% preferred 100 54 9 50 600 " Sale 12 11 * 600 Grand Rapids Varnish ""306 25* 95* Sale Sale 2 754 Mar. 24 654 Feb. 23 54 Mar. 14 Mar. 5* Mar. 14 ,1 5* Mar. Mar. 3 8 12 95* Mar. 31 454 Mar. 1 454 Sale 1 Mar. 30 254 Mar. 17 5* Mar. 18 254 Sale 5* 3-16 3-16 Sale 654 Jan. 9 15 9 Mar. 45* Mar. 16 1 Mar. 4 1 14 5* 85* 11 9 125* 85* Mar. 1 ::::: "35* 6 . 15 35 116 1155* sale 138 146 145 147 135 10 20 21 23 18 9554 18 40 9 .... Mar. 8 1 Mar. 2 Sale 254 35* 1554 Sale 16 52 Sale 40 3 12 Sale Jan. 9 2 75* Jan. 20 5* Mar. 14 28 15* Jan. 14 16 2 Jan. 23 13 65* Jan. 13 Jan. 18 31 30 225* Jan. 454 Jan. 19 4 35* Jan. 2 5-16Jan. 16 9 19 24 954 22 Mar. 2 1554 Mar. 31 17 Mar. 9 Mar. 17 38 Mar. 17 2,300 Grocery Stores Prod v t c. _* 100 Ground Gripper Shoe com..* $3 preferred 1155* Mar. 1 117 1335* Mar. 31 150 23 Mar. 4 23 Mar. 16 Mar. 4 Mar. 30 1 115 9 Mar. 11 9 14,300 Hachmelster-Llnd Co...——* 100 6 Feb. 9 1 115* 13 5* 54 500 Hall (C M) Lamp Co.. • 100 Hammond Clock com.......* 8 15* 1 10 Sale Sale 4 15* 1 15* Mar. 10 1 Mar. 10 954 Jan. 9754 Jan. 125* Jan. 13 7 5 Jan. 7 6 15* Jan. 54 Jan. 26 13 Feb. 3 145* Jan. 22 a 54 Feb. 11 4 Mar. 31 Mar. 1 135* Mar. 1 Mar. 1 4 4 20 13 12 Jan. U Jan, 13 Sale Mar. Jan. 1 8 rh 11 14 23 Jan. 5 Sale 5* 11 Jan. 150 Mar. 11 95 14 9 25 Feb. 118 Jan. 125* Feb. 23 15* 54 Mar. 425* Jan. 1335* Mar. Mar. 11 Jan. 17 Mar. 17 Jan. 1254 Mar. 11 15* Feb. 8 54 Jan. 45* Jan. 145* Jan. 4 Mar. 98 * 1,500 Feb. 38 Sale 9 85* Jan. 11 1 38 Sale 854 Mar. 2 1254 Mar. 11 225 Grelf Bros Cooperage class A. 50 S7 preferred with warrants* 200 Mar. Mar. Jan. Feb. Mar. Jan. 854 Mar. 16 1 Mar. 30 254 Feb. 9 5* Mar. 18 Mar. 30 3 3-16 Mar. 54 7* 65* 2354 9?* 454 4 Inc— S3 cum pref with warr 900 Gorham Mfg Co com v t c 2,100 Sale Sale 9 54 Mar. 14 7-16 Sale 2 12 28 ' 100 Godchaux Sugars class B—* 100 24,445 1,600 100 11 * com pref...... ..* 25,673 Glen /tlden Coal Co 6,500 Globe Underwriters Exch..* • 75* Theatres Equip lnc cum conv 400 Gerrard (S A) Co com 200 Gilbert (A C) Co com.... Preferred 400 300 8,400 1,700 $3 Sale 16 854 Mar. 3 Jan. 5 35* Jan. 19 4 14 13 9 13 Jan. Mar. Jan. 1 14 Handley-Page Ltd— 100 3,700 100 100 ""300 100 2,000 100 pref.... 4,300 Happiness Candy St cl A...* 135 Harnischfeger Corp com Hazeltine Corp ..* 100 Helena Rubinstein common.* 1,100 Heyden Chemical Co * 400 Hires (Chas E) class A com..* 600 Horn (A C) Co com • 300 7% 1st preferred 50 6,150 50 50 200 * com 5* 5* 5* 5* 7% preferred 55* 12 5* Sale } 6 1954 15* 45* 26 8 .....101 18,600 Hydro-Elec Secur com * 8,400 Hygrade Food Prod com....* 200 550 Hygrade Sylvania Corp 100 20 255* 15* 65* 35* 3 50 Sale Sale 1 3 33 154 1054 Sale 3 35* 300 875 7% cum preferred 24 50 Interlake 3 75* Sale 25* Sale 16 2154 Internet Products com..... Cigar Machinery.. 100 (nternat Holding 8c Invest..* T266 200 9,200 Interstate Equities com....* Conv preferred 200 Interstate Hosiery Mills 3,300 Irving Air Chute 300 ...* com.... 3354 15* com * 100 300 Klein (DEmll) Co common..* 600 Klelnert (J B) Rubber com..* 2 54 Sale 15* Sale 6 345* 154 35 154 100 ~4 ~ ~6~~ 7-16 Sale 1054 11 12 4 "15* "r154 1 2 11 15 35* 4 2754 454 54 105* Sale 1 1054 7 35* 21 Mar. 8 25 Mar. 26 Mar. 16 854 Mar. 21 Mar. 29 Mar. 29 Mar. 3 8 275* Mar. 8 95 Mar. 16 2 Mar. 30 75* Mar. 31 25* Mar. 17 185* Mar. 28 Mar. 29 115* Mar. 3 354 Mar. 5 185* Mar. 28 8 Mar. 5 15* Mar. 31 Mar. 14 54 Mar. 28 15* Mar. 28 34 Mar. 2 1 Mar. 31 25* Mar. 654 Mar. 14 Mar. 25* Mar. 18?* Mar. 2 Mar. 25* Mar. 16 40 Mar. 8 15* Mar. 5 45* 5* Sale 105* 105* 354 Sale 15* Sale 2 54 5 125* 4 4 3 15* 154 54 15* 245* 154 5* 265* 15* 5* 110 Kress (S H) 8c Co spec pf..l0 400 Kruskal & Kruskal com * * 4,700 Lefcourt Realty com 4,100 Preferred 26,000 Lehigh Coal 8c Nav * 14 1754 17 X4, II 11 203 1054 Sale 300 8,700 32,400 Louisiana Land 8c Expl com.* 10 40 Ludlow Mfg Associates.....* 354 Mar. 31 5* Mar. 15 4 Mar. 15 % Mar. 15 15* Mar. 1 5 2 Mar. 23 25* Mar. 26 Sale 154 5 Sale 1# 7 175* 35* 4 1254 Sale 11 7 8 6 7 6 35* 454 35* 454 3 454 Mar. 29 100 H Shovel com..* 100 Maryland Casualty Co For footnotes see page 54 29 Jan. 13 95 Mar. 16 95 Mar. 16 8 Mar. 29 Jan. 14 9 Mar. 30 2 Mar. 29 15* 33 55* 25* 10 Feb. 10 Jan. 4 Mar. 17 185* Mar. 28 Jan. 7 25* Mar. 2 8 654 Mar. 7' 125* Jan. 15* Mar. 31 8 175* Jan. 54 Mar. 28 15* Mar. 28 29 Jan. 6 Mar. 31 1 Jan. 335* Feb. 11 115* Mar. 3 4 Jan. 11 21 Feb. 13 44 Jan, 25* Mar. 654 Mar. 7 2 14 Mar. 8 5 2 Mar. 2 19 * Feb. 6 Jan. 15 40 Jan. Mar. 25* Jan. 15 27 30 Jan. 4 2 15 8 19 Jan. 3 49 10 Sale 7 354 5* Sale 54 60 5* 38 54 1 13 Jan. 15 14 29 54 Jan. 29 7 Feb. 23 Jan. 7 1654 Jan. 554 Feb. 7 15 Mar. 30 47 52 3 J* Sale : 40 35* "I 154 2 7-16 Jan. 2 Feb. 10 Jan. 5 Mar. Jan. 5 6 Jan. 5 354 Fob. 26 5* Mar. 15 1 Mar. 17 4 Feb. 16 p 515* Mar. 1 454 Mar. 29 5 Mar. 1 2 Feb. 3 Jan. 12 2 Jan. 5 Feb. 15 85 Feb. Feb. 3 15 J an. 4 Jan. 8 25* Mar. 26 45* Feb. 554 Jan. 15 15 13 9 20 1 }* Mar. 10 Mar. 3 9 15* Mar. 30 10 Mar. 9 205* Mar. 31 154 Mar. 9 51 Mar. 28 245* Mar. 9 154 Mar. 9 5* Mar. 28 35* Mar. 1254 Mar. 105* Mar. 65* Mar. 35* Mar. 55* Mar. 175* Mar. 4 Jan. 4 Jan. 20 4 1 Feb. 10 15* Mar. 30 10 Jan. 19 854 Jan. 14 205* Mar. 31 Feb. 1 28 31 19 18 11 Mar. 29 5* Mar. 14 525* Mar. 8 12 1 2 17 5* Mar. 28 'Mar. 30 65* Mar. 18 35* Mar. 14 1054 Mar. 29 5* Mar. 525* Mar. 7 8 35* 1254 954 65* 35* 5* 3454 15* 65* Mar. 31 Mar. 30 Mar. 23 Mar. 8 5* Mar. 31 36 Mar. 22 15* Mar. 23 65* Mar. 8 Jan. 10 Jan. 10 Feb. 4 295* Feb. 154 Jan. 54 Jan. 3054 Feb. 2 12 4 13 19 Mar. 28 Mar. 31 Feb. 8 Feb. 8 Mar. 11 Feb. 9 185* Feb. 1254 Jan. 754 Feb. 8 15 5 Feb. 8 11 13 6 4 5* Mar. 14 50 Feb. 10 Jan. 5 15* ... 1,000 Marlon Steam 13 4 10 65 4 50 100 7 20 Feb. 285* Feb. 15 105* 56 1 3 2 Mar. 17 15* Sale 1X 54 * 900 Lerner Stores Corp com....* 400 Llbby McNeil Ac Libby 10 2,400 Lindsay Light Co common.10 100 Jan. 154 Jan. 21 6 105* Mar. 5 Sale S 454 Mar. 7* Mar. 1154 Mar. 7 454 5 Mar. 30 7-16 Mar. 3 3 1 Sale 22 25 Mangel Stores Corp— 6^% pref with com pur w_* 1,000 Manning Bowman Ac Co cl A.* 2,400 Mapes Cons Mfg Co • 7 4 165! 15* 454 7 Secur Jan. 5 154 Jan. 20 354 Feb. 20 25 Mar. 26! 85 13 25* 15 45* * 300 21 Jan. 75* Jan. 26 54 Feb. 29 85* Feb. 24 Jan. 8 * American shares 400 Land Co of Florida 250 Landers Frary & Clark 300 10 2 "3 8 35* 5 300 100 Feb. h Feb. 29 65* Jan. 26 25 4 800 Lakey Foundry & Mach 1,800 3,200 Sale Sale 1 Vs * 5,700 Lackawanna 5 30 Knott Corp common 200 2", 100 36 ""A "2 200 Kobacker Stores com... Kolster Brandes Ltd— 2~,166 Mar. 31 Jan. 30 6 $3 Convertible pref..... * 10 Jones & Laughlin com 100 7 ,o00 30 2 2854 15* 35* Jonas&Naumburg Corp— 5,500 254 • 300 1,300 20 * 200 200 6 18 Sale 9 Warrants 9,400 Johnson Motor Co 15* Sale Sale 6 1 100 IUternat Proprietaries A * 500 Internat Safety Razor cl B.* 8,700 7,800 Mar. 31 27 (nternat 1,200 4,000 2,100 6 14 Sale Steamship 1,100 300 4 44 100 34,128 Insull Utility Investment * 3,000 J6 2d pref with warrants.* 7,100 (nsur Co of North Amer 10 19,500 Insurance Securities Co 10 5 25* Mar. 654 Mar. 1,200 Imp Tob of Gt Brit 8c Irel—£1 1,900 Industrial Finance v t c 10 4,600 2,400 2,600 10,900 Jan. 49 100 Imperial Tobacco Co of Can.5 100 4 8 1 36 20 100 15* Mar. 29 5* Jan. 11 Mar. 24 95 255* Sale 100 Illuminating Shares A stock * Imperial Chem Industries— 100 Am dep rets ord reg 1,900 15* Mar. 29 5* Jan. 28 4 754 Mar. 10 3054 15* 40 2754 100 7% preferred... 15* Mar. 29 5* Mar. 3 Mar. 24 54 5* Houdallle Hershey Corp— Conv preferred class A....* 5,100 Huyler's Co of Del com.....* 600 8", 900 2,300 Horn 8c Hardart 15* Mar. 29 5* Mar. 4 4 5-16 * 6,250 200 5,000 Am dep rets partic -4 5* Mar. 31 54 345I Mar. 30 54 Jan. 65* Mar. Jan. Jan. 5* Jan. 525* Mar. 5 Jan. 15* Jan. 43 Feb. 15* Feb. 65* Mar. 7 20 13 8 NEW EXCHANGE CURB YORK PRICES IN rnzs. NEW YORK Jan. 2 1932. 1. Bid. Par INDUS. At MISC. (Con.) ;s. RANGE SINCE JAN. 1. MARCH. Price CURB EXCHANGE e March 1. Ask. Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. March 31. Ask. Ask. Bid. Bid. 3 Ys Feb. 16 2 3ft Jan. 24 Mar. 29 26 Mar. 16 24 Mar. 29 28% Jan. 18 Mar. 17 18 Mar. 17 18 Mar. 17 18 2% Mar,. 3 4% Feb. 10 5 43% Jan. 4 200 Massey-Harria Co Ltd com—* * .100 Mavis Bottling Co of Am >,300 Mayflower Associates Inc...* May Hosiery Mills Inc— $4 pref with warrants _* 200 800 McCord Radiator Ik Mfgvo i. 400 VIcGraw Electric Co ,000 Mead Johnson Ac Co com.. ,522 ft Sale 25 29% 18 * * 44 15 100 Merch & Mfrs Sec com A * 48 23 5 ft Mar. 1 ft Mar. 2ft Mar. 3 2X Mar. 4 ft 3 55 51X 30 53 12 % Jan. 2 3 10 1 ft Metal & Mining Shares com. Ys 3-16 ,500 Metropolitan Chain Stores..* * 200 Met 5 to 50c Stores com B 57 39% Mar. 22 52 Mar. 61 4 3X lft 8 5 2 Jan. X Mar. 19 Ys Mar. 29 Feb. X Ys Ys Mar. 5 Ys Mar. 36 5 7 8 8 27 Jan. % I Mar. 29 3-16 Ys Jan. 11 % Ys Mar. 5 ft 4 4 2% Feb. i Mar. 19 5-16 Mar. 15 3-16 Mar. Mar. Jan. Jan. 15 8 25 Ys X Sale Feb. Jan. 14 Mar. 17 Jan. 11 Jan. 14 5 10 sx 19 ft Jan. 16 „ 5 * ,200 Merrltt Chapman & Scott 6 %% preferred 300 100 ,000 Mesabi Iron 700 20 2 ft 4% ft Sale 24 27 ft * 100 Mercantile Stores Co ft Sale 26 27% Jan. 18 Feb. 25 Jan. 7 Mar. 5 Midland Steel Product— 300 $2 dlv stock 4 9 25 non cum 45 * 400 Midland United Co common.* 200, VUdvaleCo 500 Miller (I) Ac Sons com * 700 Minneap-Honeywell Reg pref 700 Miss River Fuel Corp warr. 410 Montgomery Ward & Co A..* 700, Moody's Invest Service pref.* 100 Moore Drop Forgings cl A * 634 Morison Elec Supply com 2 2% 61% 60 68 X 30 2 70 Sale' 10 6 10 6 13 12 15 12 1 10 10 1 * IK Y2 7ft 15 5 1 ft Mar. 1 ,600 Corp Nat ContalnerCorp— $2 convertible pref * Common 100 3 Ys 19% Sale 20 9 94 _..* 100 National Food Prod cl B ,800 National Investors a lYs Sale 9 98 % * 15 1 3 Ys IX Sale 20% 21X 1 3^ Mar. Sale ... A "~2% "T 15% National Service Cos com 18 i 2V, '2» I * IK Sale IK lft Mar. 10 Mar. 28 20 "lft ~~5~ 25 IX 20 12 Mar. 11 5 Jan. 20 6 Mar. 11 Mar. 10 70 7 72 Mar. 16 1% Mar. 15 Mar. 16 .000 National Union Radio com.* X 1 ft 200 Nauhelm Pharmacies pref--* X IK 4 3 M ..... 8 Ys 5K 2ft 1 ft 2ft 14 X Sale Sale 3 21 100 Preferred 2 15 18 17 * com 19 87 100 800 New Haven Clock Co lft Sale Feb. 18 2 9 3 Jan. Jan. Jan. 9 Jan. 2 5% lft 3 ft 3% 7 13 13 4 1 Mar. 8 2% Jan. 1% Feb. 10 Jan. 4 Mar. 10 22% Mar. 2 2% Mar. 2 Mar. Mar. 9 3 1 2 Mar. 9 100 15% Mar. 24 1 2ft Mar. 10 1% Mar. 26 3% Mar. 10 17 Mar. 10 com • ,800 New Mexico Ac Arts Land 1 19 22 2 7 18* B* 21X 20% Mar. 22 Ys ft 4 Mar. 5 1 X Mar. 21 3 Mar. 18 2 2% 2 Mar.~l8 23 1% Mar. 4 % Mar. 21 2% Mar. 9 22% Mar. 21 Ys Jan. 2% Jan. X Jan. 1 Mar. Jan. 2% Jan. ft Jan. % Jan. 22 Feb. 8 2 22% Mar. 21 3 Mar. 23 Mar. 23 3 Mar. 23 Mar. 11 Mar. 30 7 1 Mar. 11 Mar. 30 16% Mar. 23 79 Mar. 1 1% Mar. 12 % Mar. 1 4 Mar. 30 17 Mar. 22 79 Mar. 79 Jan. 2% 10% 1% 23% 2% 1% Feb. 20 Jan. 2 Jan. 4 Feb. 19 Mar. 10 14 34 Feb. 29 13-16 Jan. 21 Feb. 8% Mar. 1 Jan. Mar. Jan. Jan. Jan. Fod. 22 22 12 5 19 2 X Mar. 21 2% Mar. 9 22% Mar. 21 t Feb. 7 18 15 20 Sale Sale ft ft 5 ~2X"3X 10 1 1% Mar. 12 ft Mar. 2 7 Mar. 11 Jan. 1 Jan. 15 Jan. 15 4 Jan. 18 20 Sale 18 15% Jan. 7 4X X 3% 1% 3% 11-16 Jan. 2 Feb. 3 6% Jan. 2 Feb. 29 9 LOO 2 4 5% Feb. 29 Jan. 15 3 4^ 78 7* 10% Mar. 22 11 22 Feb. 11 Feb. 1 Feb. 16 23% Feb. 19 Jan. 1 IX 2 95 9 5% ;• 1 n ,500 New Process Co common ,.* 478 N Y Auction class A com...* 300 New York Hamburg Corp..50 % Mar. 1 11-16 Mar. 24 1 Mar. 14 lft Mar. 24 4 2X 6 12 K 15 Mar. 10 Jan. 14 Jan. 13 Feb. 5 26 Jan. 9 Mar. 98 22% Mar. 21 11 2% Jan. 71% Mar. 14 Mar. 17 ... 100 5 700 Neptune Meter class A * 400 Nestle Le Mur Co cl A _.* 200 New Amsterdam Casualty. 10 ,500 Newberry (J J) Co Mar. 5% Jan. 13 1 5 7 3 6 1 Mar. 11 31 Jan. 5% Feb. 8% Mar. 23 % 5 62 34 Nat Short Term Sec A......* Neht Corp com. 225 Neisner Bros pref 500 Nelson (Herman) Corp Mar. Mar. 14 9 5 Sale 150 Nat Steel Car Corp Ltd * 900 Nat Steel Corp warrants.... ,100 National Sugar Refg * 100 National Tile Co common * 700 1 26% Mar. 28 1% Mar. 21 50 Nat Secur Invest 6% pref. 100 ,000 ,900 8% Feb. 18 lft Mar. 18 5% Mar. 26 Mar. 21 1 1 3 Warrants ,700 ,800 Nat Rubber Mach com ,600 National Screen Service... 17 Sale Sale * com 22 ft 5 * 725 Nat Dairy Prod pref A ,800! ft Sale * Nat l Bond & Share too 1 Sale 2 * Mar. 11 Mar. 16 Mar. 15 5 American Co. Aviation Corp 500 Natl Bancservtce Corp. lft Mar. 18 31 3 700 Nachraan-Springfllled Corp.* ,200 National ,400 National Mar. 14 6 1% Feb. 5 10 400 Mtge Bank of Colom Am shs. 5X Mar. 26 1 Mar. 5 26 X Mar. 28 IX Mar. 21 68 Mar. 3 5X Mar. 4 70 Mar. 7 6 ft Mar. 28 Jan. 22 16% Feb. 15 Feb. 27 Mar. 1 79% Feb. 3 1% Feb. % Mar. 9 1 Jan. 20 ft Jan. 4% Jan. 9 19 4 Mars 30 3 Jan. 12 2% Mar. 17 7% Mar. 10 3 Mar. 1% Jan. 6% Feb. 4 18 2% Mar. 15 1% Mar. 31 7 Mar. 28 4% Mar. 1 Mar. 1 8 7% Mar. 18 2 8 Mar. 3 7% Mar. 18 N Y Shipbuilding Co ,400 Founders shares. ,962 Niagara Share Corp (Md)_.10 ,900 Niles-Bement-Pond com....* 2 " 2*4 2X 3 Sale 2 Sale 3 « '7 ft "7 ft 6ft 3K 7K ~3~*"3X 2ft Sale 7 3 7% Mar. 17 Jan. 5 1% Mar. 31 6% Jan. 28 5% Feb. 26 3% Jan. 13 8% Jan. 7 % Jan. 4 2% Mar. 30 12 3% Jan. 2 Nitrate Corp of Chile ,100 ,800 ,300 (Cosach) Ctfs for ord b shs Noma Elec Corp com Nordon Corp Ltd com 500 Northam Warren Corp pref.* ,400 North Ac South Amer % Mar. 5 2% Mar. 30 5-16 Mar. 10 1-16 Mar. * 5 33 26 IK Corp A* 400 Northwest Engineering -„* ,200 Novadel Agene com.........* 5 36 2X 6K 41 Ys 29 X lft 6 38 2 ft 8 34 Sale 29 ft 1 37 2X 4 34 4 4 37% Mar. 8 37% Mar. 8 Mar. 1 35 Mar. 9 11% Mar. 1 7% Mar. 17 Mar. 23 Jan..12 ft Jan. 13 2 Jan. 6 % Feb. 11 34 7% Mar. 17 11X Sale 700 Ohio Brass class B......... 1-16 Mar. 3 Mar. 8 33 1 1-16 Jan. 27% Jan. ! 1% Jan. ! 5% Jan. ! 31 Feb. 12 8 % Jan. 15 37% Mar. 8 1% Feb. 17 6% Jan. 9 36 Jan. 15 % Jan. 16 13% Jan. Ollstocks Ltd— 700 Class A without IH * warr 800 Outboard Motors cl B com..* ,300 Class A conv pref ,577 Overseas Securities Co * 2H * ,100 Pan American Airways.....*! ,200 Paramount Motors Corp.. *, ,900 Parke Davis fir Co * ,250 Parker Rust-Proof com * 175 Patterson Sargent Co com—* 50 Pender (D) Groc Co cl A 500 Class B ,168 400 240 300 ,500 600 15 ft 4% 45 18 15 * 3 K 2X Pennroad Corp com v t c ..... 6 Sale 2% 14 5 Sale 15 Mar. 4 4% Mar. 28 17% Mar. 2 Sale 40 16 ft 4ft 17 ft 40 Corp....* 10* 14* * Conv preferred A Partic Propper 600 - McCallum 16% Mar. 7 Mar. 3 6 18% Mar. 16 55 Mar. 7 12% Jan. 3% Jan. 17% Mar. 34% Feb. 16% Jan. 3 7% 2X Sale 2% Mar. 31 3% Mar. 2 com Cumulative 16% Mar. ll" 6 Jan. 31% Jan. 90 85 lft Sale lft Sale 14% 16% X Sale 10% 10 14% 36% Mar. 7 83% Mar. 30 1% Mar. 31 4 Mar. 14 36% Mar. 22 85 Mar. 8 2% Mar. 2 4% Mar. 10 Q7^ % Mar. 1 Mar. 3 ft Mar. 21 10% Mar. 9 10% Mar. 4 15% Jan. 16% 11-16 Sale 10. 4l. 83% Mar. 30 1% Jan. 10 38 32 42 3 2Vs 2X 49 15 5 19 22 18% Sale % Sale 5% 16% 16% 20 13 29 Jan. Jan. 22 15 Jan. 90 25 Feb. 11 2% Mar. 2 4% Mar. 10 8 15% Jan. 20 9 Feb. 16 Feb. Jan. 15 4 Jan. 14 1 3 1 Mar. 28 1% Mar. 10 1 Mar. 1% 2% lft 2% 2 Mar. 28 3 2 2 Mar. 3% Mar. 9 2 Jan. 42% 1% 3% 3% Mar. 7 3 33 Jan. 47% Jan. 42 Sale 2% Mar. 7 Mar. 31 42 46 Mar. '"% ""% 16 30 Mar. 3 17 Mar. 3 4 12% Mar. 4 12% Mar. 18% Mar. % Mar. 17 1 1 19% Mar. % Mar. 1 Mar. 9 20 19% Mar. 3 1% Jan. 20 16% Feb. 11 19 Jan. 5 Jan. % Mar. 16% Feb. 17 Mar. 12% Mar. .... . 19 Jan. 46% Feb. lYs 2X 2X 7 Feb. Jan. 10 ft Mar. Jan. Feb. 5 13 36% Mar. 22 1-16 Jan. 10 13 Jan. s 2% Jan. 12 13 Mar. 7 55 18% Jan. 13 1.5 Jan. Jan. 17 4 12% Mar. 1% Feb. 1 Jan. 6 lft 5% 65% ft Hosiery Co without war 2 5 K Sale X 60 * 64% K Sale lYs 2ft 5X Sale 62% 64% % % X 4 59 2% 4% 65 ft Sale . preferred....* It 70 Quaker Oats com.. 20 6% preferred Radio Products * * 100 Reliance Bronze & Steel >,400 Reliance Internat com 900 Class B........ S,900 Reliance Management A Mar. 14 102 102 2 1 ft IX 14 IX lft Sale 1 IX 2% ft 3X Sale 14 ft 18 3ft 16% Ys 1 Sale ._* 1 Sale 1 2X 18 * * 3-32 Mar. 24 3 Mar. 14 103% Mar. 17 103% Mar. 17 Corp com..* com 3 Mar. 28 4 1-16 Mar. 2X * 300 Ry Ac Utility Inv Corp cl A.10 .,000 Raytheon Mfg, com v t c * 300 Reeves (Daniel) com * 400 Reliable Stores 2ft 100 com Railroad Shares 2X 62% Mar. 28 ft Mar. 9 < 1% Mar. 19 1% Mar. 17 5% Mar. 3 65% Mar. 7 % Mar. 2 2% Mar. 2 1% Mar. 17 ft lft Ys X ft Sale 4 5 59% Jan. 5 Vs Jan. 1% Mar. 19 "I" 20% 3% 1 Sale Sale 1% ft % 1% 18 Mar. 1 Mar. 29 Mar. 30 Mar. 14 Mar. 8 2% Mar. 22 1 Mar. 1-16 Jan. 2 2% Jan. 1-16 Sale Warrants 300 Pyrene Mfg 54. 3 15 * Pub Util Holdg * Mar. Jan. ft FeD. 2% Jan. 1 Mar. 1 Inc— stock conv ._* 1,900 Prudential Investors com—* .150 $6 preferred... ...* Mill 1 ...—100 Pitts Ac Lake Erie RR 50 .500 Pittsburgh Plate Glass com 25 ,100 Polymet Mfg Corp com * 200 Powdrell At Alexander.. ..* 300 Pratt Ac Lambert ._.* Prentice-Hall Mar. 31 Mar. 17 * com ,350 100 1 7 2 1 37 ,500 Pitney Bowes Postage Meter* % Mar. ft Mar. 7 Mar. 17 2 20 Sale 3 800 Pierce Governor Co —* ,100 Pilot Radio A: Tube class A.* 1,700 .,300 Sale 14 ft IX 19 10 25 Class A •'hoenix Securities 100 Pie Bakeries Inc 200 7% preferred >,600 ,900 >,300 5X 2ft 1 75 90 IK Sale ft Mar. ft Ys 2 ... 150 ,400 ,700 n uzi __* * Pennsylvania Salt Mfg 50 Pepperell Mfg Co.. 100 Pet Milk 7% pref 100 Philip Mor's Cons Inc com..* New...' 10 !* 8.1* 2ft Sale' Mar. 23 1 27 Jan. 1 ft % 2 % Mar. 30 1% Mar. 7 18% Mar. 8 Mar. 26 14 Mar 29 Mar 30 Mar 14 Jan. X 5 Feb. 26 Mar 26 8 2 3-16 Mar. 21 26 24 1% Mar. 1% Mar. 10 . Mar. 14 6 102 78% Feb. 103% Mar. 17 103% Mar. 17 2 % Mar. 26 ft Mar. 2 Ys Mar. 21 % Mar. 1 4 Feb 15 Feb. 15 Mar. 7 Jan. 16 6 Jan. 12 3-32 Jan. 5 2% Jan. 27 Jan. 1% Jan. 1 Jan. 1% Jan. 18% Mar. 3% Jan. % Mar. 1% Jan. 3-16 Mar. 1% Feb. 3 22 14 11 27 8 2 26 14 21 5 NEW AGGREGATE SALES. PRICES NEW TORE CURB EXCHANGE In Since March. Shares. Jan. 2 500 Bid. Ask. Bid. 34 Jan. X Jan. 18 1-16 Jan. 4 21X Mar. 30 27X Mar. 100 * 700 • A IX 800 900 Rlke-Kumler Co * 12 A 11,100 Roosevelt Field Inc 7,600 Russia Internet Corp 200 Royal Typewriter com.. * 134 X 1,200 Ruberold Co 300 Russelcs Fifth Ave Inc.. Bros Co 7% preferred com.. * 100 9 1,075 Safety Car Heating Ac Ltg.100 105,000 St Regis Paper Co 10 * 1,100 Schiff Co com 30 .... Seaboard 700 300 600 Setberling Rubber com 1,100 Selby Shoe Co com 42.600 Selected Industries com 1,000 15,300 4,300 • * 13,500 Allot certifs full paid..... 2,250 prior stock * 25,400 Sentry Safety Control.. * 500 3,100 400 Seton Leather com 500 Sheaffer (W A) Pen com 8,455 Shenandoah Corp com """400 2,000 5,600 134 30 A 1,250 3,990 Smith (A O) Corp 20 100 £1 Sale m 1A Sale Sale "~X ~"~X (L C) 16,400 6,200 OX 4Vs 25A IX 2A 9X 38 118"" 20 X 200 400 (The) Corp 9,600 2,900 i~ioo 1 Mar. 22 1034 Mar. 27 5 10 36 41 X X IX * 2 Mar. 17 Mar. 10 IX Mar. 4534 Mar. 42 9 9 Mar. 17 7-16 Mar. 4 18 2134 Jan. 22 \ 334 Jan. 13 Feb. 134 Jan. 4 11 26 534 Feb. 19 1634 Jan. 29 1 34 Jan. 26 Mar. 30 1834 Mar. 30 134 Jan. 25 18?t Mar. 26 OX Jan. 434 Mar. 25 11* 2 134 Feb. 234 Mar. 4 Feb. 9 Jan. 19 Jan. 2 Jan. Jan. Jan. 29 Jan. 14 12 26 Mar. 10 10 34 Jan. 2834 Jan. 134 Jan. 14 4534 Mar. 9 30 42 Jan. Mar. 17 Jan. 1 "5-16 Mar. 1834 134 12 34 3234 Mar. 17 Mar. 1 2 Jan. 3 Feb. 19 16 Mar 20 ; Jan. 20 2 Jan. 11 Mar. 1 Mar. 9 8 Mar. 1 27 1234 Mar. 3434 Jan. Jan. Mar. X Mar. 22 Mar. 1 1 Jan. 100 3-16 Jan. 134 Jan. X Mar. Trans-Lux 934 Mar. 14 1 132 Mar. 9 9 6 19 18 15 Mar. 4 134 Mar. 26 30 34 Mar. 26 "4034 Mar.""2 134 Mar. 934 Mar. 14 734 Mar. 22 Jan. 11 11534 Feb. 6 134 134 Mar. 26 534 J*an. 9 3034 Mar. 26 Jan. 2 534 Jan. 59 Jan. 3 14 8 14 "1A IX Sale -* Pict 5 134 Jan. 22 4 Jan. 15 134 Mar. 5 Jan. Jan. "'X ""A X Vs A 2A 2 8 Mar. 29 1 X X Sale 2 10 28 10 6 Mar. A Sale IX Sale 3 34 Mar. 22 Sale 34 Mar. 23 134 Mar. 24 Mar. 11 30 934 Mar. X Mar. 7 21 Jan. 5 34 J an. 5 34 Mar. 22 4 34 Mar. 15 234 Mar. 15 13 34 Mar. 23 134 Mar. 24 6 6 5 Mar. 21 6 Mar. 21 6 Mar. 21 Mar. 23 X Mar. 19 80 Mar. 23 80 Mar. 23 134 Mar. 8 Mar. 19 7 Jan. 7 X Jan. 23 34 Feb. 1 5 Mar. 30 8 1 2 9 10 334 1134 7X 3X 5 12 X Sale 1 2A 22 X 23 A 434 Sale 154 2434 1 22 5 Sale 3 5X Sale 12 X Mar. 30 Mar. 29 5 3 1034 Mar. 11 134 Mar. 4 2334 Mar. 2 Mar. 15 Mar. 26 2 18 Sale 2054 234 Sale 17 X 23 A 2X 334 Sale 34 54 234 154 21 1 Sale 2134 Sale 2X 2A Sale X .IX Sale 16 Sale 3 3 3 Sale 2A IX Sale 2 3 2 29 20 24 17 2134 Mar. 24 2A Mar. 15 234 Mar. 29 7-16 Mar. 22 134 Mar. 21 Mar. 7 334 12J4 134 2334 5 Mar. 29 Mar. 1 Mar. 12 Mar. 2 Mar. 15 2 Mar. 19 23 X Sale 3 Feb. 20 2 9 Mar. 15 3 1634 Feb. 10 Mar. 54 Jan. 34 Jan. 30 11 11 Mar. 11 954 Mar. 34 Feb. 7 4 2 21 11 80 Mar. 23 134 Mar. 8 834 Jan. 29 34 Jan. 234 Jan. 834 Jan. Jan. 15 34 Jan. 20 Feb. 15 434 Jan. 1334 Jan. 234 Jan. 5 19 19 Jan. 18 1 9 24 2 Mar. 15 1834 Jan. 8 26 Mar. 2 3 18 Feb. 10 234 Mar. 15 2 Feb. 8 3 Jan. 6 334 Mar. 34 Mar. 234 Mar. 2 Feb. 8 4 Feb. 13 26 8 1 3 7-16 Mar. 22 IX Feb. 134 Feb. 34 Feb. 25 10 4 334 Jan. 28 4 Mar. 2 19 34 Mar. 8 2 7-16 Mar. 21 24 7-16 Mar. 21 34 Mar. 26 934 Mar. 17 1434 Mar. 26 234 Mar. 29 934 Mar. 17 1834 Mar. 2 234 Mar. 5 Jan. Jan; Mar. 13 2 2 2 34 Mar. 8 34 Jan. 11 834 Jan. 22 1434 Mar. 26 234 Feb. 9 934 Mar. 17 1814 Mar. 2 334 Jan. 8 9-16 Mar. 12 X Sale Mar. 29 1034 Mar. 11 134 Jan. 12 1834 Mar. 3 23 £ Mar. 10 34 Mar. 10 X 7 134 Mar. 5 34 Jan. 28 34 Feb. 9 34 Jan. 30 Mar. 23 25 80 * w Mar. 29 1 8 X Feb. 19 30 2 X X Sale X X X X X 2 com.. X Jan. Ltd 5A 1534 2X 15 18 2A 8X 17 2X 9 19A 2X 18 A 14 2X 2A Screen 19,400 Class A common * 9,500 Trl-Contlnental Corp Warr_. 19,400 Trl-Utlllties Corp com.. * 4,300 3,400 Mar. 4 Feb. 34 Jan. 25 X X IX Tobacco Secur Trust Co 1.600 4 5 2X IX X 8A 300 Am dep rets ord reg shs..£l 1,400 Todd Shipyards Corp. * 4,300 T r a n scon tl nen tal Air Transp* 100 500 2 Mar. 22 124 Sale 5 7X 30X 36 100 2,200 TobaccoAt Allied Stocks 2,200 Tobacco Prod Exports 100,800 Tobacco Prod of Del new 1,700 45,500 934 Feb. 134 Jan. • 300 Tenn Products Corp " Mar. Feb. 25 Jan. 16 38 3 Jan. 2 • ..50 com 4,500 Taggart Corp com • 11,900 Tastyeast Inc class A--—13,200 Technicolor Inc common—• 900 3 Mar. 22 Sale Sale 124 125 4X * 2,400 Strauss-Roth Stores com.. 700 Stromb-Carlson Tel Mfg * 745 Stroock (S) Ac Co * 16,200 Stutz Motor Car Co.— * 3,400 Sun Investing Co com * 2,200 $3 conv pref * 200 Super Maid Corp * 45,373 Swift & Co ..25 32,200 Swift International 15 2,200 Syrac Wash Mach B com * 300 Mai. 31 16 X Vs 11X Sale 29A Sale Sale IX 7 Sale 5 40 600 Stinnes (Hugo) Corp 13,400 14,100 3 734 Mar. 5 534 Mar. 16 15 30 Mar. 9 5-16 Mar. 22 com * 75 Stetson (John B) Co com...* 400 28 30 26 Mar. 1 Mar. Mar. Mar. Mar. Mar. 1834 Mar. 30 134 Mar. 3 7X Mar. 22 * *>% cum pref 500 Stein (A)Ac Co com 50 6 34% cum pref 900 Stein Cosmetics Co 6,000 800 36 25 28 17 6 12 30 Ac Corona 8,300 3,000 """300 Jan. Jan. Mar. Jan. 3-16 Jan. 1A * 11,700 Standard Mot Constr.. 100 . Vs Mar. 26 Feb. Jan. Mar. Jan. Jan. Mar. 2 IX com 5,600 50 1A Sale 1034 10 A Sale 2 Sale dep rets ord reg shs Starrett 6A A* A 15 30 19 2 18 5 X 234 £1334 134 34 834 Mar. Jan. Feb. 9934 Jan. Spanish Ac General Corp Ltd 900 Am dep rets ord bearer shs. Am dep rets ord reg shs 1,100 900 Spiegel. May At Stern eh Pf 100 950 Standard Invest pref..* 900 7-16 6 32 A * 12# lire 500 Snider Packing new w i._ 11,200 Southern Corp com... * 200 Southwest Dairy Prod com.* 200 Sale 38 25 1,450 Typewriter v t c 10,900 Snla Vlscosa Ltd 350 X * 450 Sis to Financial Corp 400 IX X 2X 534 Mar. 100 Singer Mfg Ltd 2,200 3,700 3X Mar. 29 4 34 Jan. 26 134 Mar. 7 3-16 Jan. 28 Feb. Boardman 1,000 Smith 3% Sale 1854 3934 Mar. 134 Am Sale 9 28X 1A Sale 3 334 4 Mar. 2 34 134 1234 134 34 734 3334 934 Feb. IX 534 Sale 31 31 17 1 7 30 12 15 Sale * Pub Co conv pref 1,200 3,560 Singer Mfg. 800 510 Sale Sale 1 Mar. Mars Mar. Mar. Mar. Mar. 18 27 29 "3 A "I" 8A Simmons 31 34 31 134 26 #1334 1 134 29 Vs 31 834 Mar. 2 38 6 2134 Mar. 30 3 6A Sale 2 100 Signature Hosiery com vtc--* 5,600 Silica Gel Corp com v t C * 1,900 36 36 X Sale 10 25 A * Preferred, series A A 35 Mar. Mar. Mar. Mar. Mar. Mar. 18 34 Mar * 220 IX Sale A X 7 A Sale A IX 12A IX X 7A 2 35 1 8,400 6% con* preference 50 1,250 Sherwin-Williams Co com..25 650 15 X Mar. 134 Mar. 5 10 7 1,500 Securities Corp Gen'l com..* 3,100 Seentan Bros common.. * 17,100 Segal Lock Ac Hardware com * 1,300 6,000 A A Sale 1A Sale 10 X Mar. 17 1134 454 334 Sale 1334 20 1 lVs 1 Utll bhaieti, com. Securities Allied Corp— 23,600 Non voting stock... 8,600 Sale; 2 100 Schulte Real Estate Co * 50 Scovllle Mfg Co ___25 5,000 IX 4 15 40 35 X Sale IX * 100 Ryerson (Jos T) & Son Inc..* 50 Highest. Sale Prices 1 7 300 1,900 Prices. 3-16 Mar. 21 Richmond Radiator 200 Common 31,800 Lowest. Sale Prices. Highest. Sale X Mar. 23 3-16 Mar. 21 % X X a Sale 550 Rich man 500 Lowest. Sale Prices. * com 300 200 Ask Ask. Bid. 5-16 Sale Sale ♦ 20,500 Reynolds Investing 3,700 4,700 March 31. March 1. 1932. INDUS. Ac MISC. (Ctoi.) Par 52,800 Republic Gaa Co * 15,300 Reybara Co., Inc... ...10 4,500 6,100 RANGE SINCE JAN. 1. IN MARCH. Price Jan. 1. Shares. 45 EXCHANGE CUES YORK 1A Sale 3-16 2X IX Sale 134 Mar. 14 15-16 Mar. 24 Sale 134 Jan. 234 Mar. 134 Mar. 2 2 34 Jan. 13-16 Jan. 4 34 Jan. 2A 1 7 134 Feb. 34 Jan. 23 ~"~34 14 15 15 Triplex Safety Glass Ltd— 2,600 600 Am rets for ord. shs. reg.. Tubize Chatillon Corp— Common B v t c 23,600 _.._* 11,500 1,200 1,900 5A Sale 5,600 Tung Sol Lamp Wks com...* 2,300 $3 cum conv pre# * 6A 100 Union Araer Invest 100 11,000 1,700 Union Tobacco Co 19 24 3,000 1,400 United Carr Fastener com..* 8A 2,500 $3 cum partic pref.._...._* 4,200 United Dry Docks com ._* 231,100 United Founders Corp com.* 300 United Milk Prod com 375 7% Cumul preferred "'"300 2X 11 4 3 12 Va 3A Sale 2 15 13 A Sale 1 Vs ■ * 100 Mar. 10 22 19 Mar. 26 A 10 *8 IX X 12 Sale IX Sale 134 Mar. 31 11X Sale X Vs IX Sale X IX a a Sale 1A 634 Mar. 10 534 Mar. 634 Mar. 2 16 Jan. 22 Mar. 9 9 Mar. 29 3-16 Mar. 11 19 Feb. 24 24 9 Mar. 29 2 Mar. 12 1 3 Mar. 14 134 Mar. 31 Mar. 1134 Mar. 31 34 Mar. 14 134 Mar. 31 1634 Mar. 10 34 Mar. 2 Mar. 16 1034 Mar. 16 10 15 7 5 21 1 United Chemicals Inc......* 1,700 1,400 100,800 134 Feb. 334 Jan. Mar. 23 9 Mar. 29 34 Mar. 7 * com 434 Jan. 534 Mar. 634 Mar. 20 22 19 800 United Amer Utilities com..* 600 634 Mar. 10 1 2 6 7 5X 1 Mar. Mar. 3 18 _* com Sale 3 21 1,300 Ungerleider Financial Corp.* 500 534 Mar. Sale 2 Mar. 1 1-16 Jan. 27 Jan. 12 1134 34 134 34 10 Feb. Jan. Mar. Jan. 15 18 31 26 Mar. 16 Mar. 7 5 2 13 9 Mar. 29 3-16 Jan. 26 Jan. Mar. 12 2 334 Jan. 19 1634 Mar. 10 X Jan. 2 8 234 Jan. 1 Jan. 16 Feb. 12 9 United Molasses Co Ltd— 300 200 50 200 Shoe Mach 25 com com vtc.* 2,900 U S Dairy Prod class A 750 U S Finishing > common.. ..* ...» * 4,500 United States Foil class B..* 7,350 U S At Internat Sec com....* 1st preferred:! with warr * 12,350 2,700 U S Lines Inc pref * 10 2,400 U S Playing Card com 700 U S Shares Financial.......* 100 Universal Insurance Co 20 500 Universal Pictures..... .* 1,600 2,800 9,000 Utility Equities com ._* 2,050 Priority Stock.. 7,700 Utility At Ind Corp com.....* Preferred... * 13,100 6,100 800} 21,200 Van Camp Pack 2,4001 7% pref 500 For (OctDOtflK •«*» page 54. 7 134 Mar. 9 134 Jan. 10 10 800 United Wall Paper.. 500 T.eoo Preferred 12,000 United Stores Corp 100 700 300 50 134 Mar. United Porto Rican Sugar Conv partic pref 1,300 United 1,000 2,100 1,700 1,400 5,400 1,400 ord reg_.£l 600 Unit Profit Sharing com.... 100 200 Am dep rets for 33 38 A 2 IX Sale 59 2 29 Sale ] 3 19 A 4034 Sale 2 59 X 2A 3X '20X "2IX X 18] 18 3954 36 1W 4 154 254 7 IX Sale 1434 Sale 8A com .......* Sale 25 Sale 4A 2X 2X Sale 1034 10X X Sale 1 IX 34 Mar. 134 Jan. 25 6 Jan. 12 3t Mar. 7 Mar. 14 Mar. 28 22 Mar. Mar. 14 16 1534 Mar. 29 Vs 1834 34 634 Mar. 5 Mar. 9 Mar. 16 Mar. 28 Sale 18] IX Sale Sale 2 9 A 1 9 1A ""134 "Mar."28 "234 Mar." 49 2 Mar. 14 Mar. 26 9 Mar. 29 34 Mar. 17 Vs IX 1 Mar. 19 Feb. 59 59 Mar. 28 2 4934 Mar. 14 234 Mar. 2 1034 Mar. 7 134 Mar. 10 134 Mar. 19 2 14 11 3534 Jan. 34 Jan. Mar. 3 234 Mar. 3 334 Mar. 2 34 Mar. 10 3 Mar. 59 2 1 9 Feb. 10 Jan. 1 2 2 134 Mar. 34 Jan. Mar. 11 Mar. 11 1 1834 Vs 18X '4034 Mar. 16 Mar. 11 5934 59 3734 Mar. 30 2 2 34 Mar. 16 634 Mar. 28 3 Mar. 1 5 IX 4 234 Sale 60 4 6A 37 X l8 Mar. 1 IX 234 Feb. 18 Mar. 134 Jan. 234 Jan. 34 1834 34 1534 34 6 Jan. Mar. Jan. Mar. Jan. Jan. 434 Jan. 134 Jan. 42 Jan. 134 Jan. 8 Jan. 34 Mar. 17 1 Mar. 19 4°K 2 Mar. 16 Jan. 14 Mar. 11 Jan. 60 234 Mar. Jan. Jan. Jan. 4 30 Vs Mar. 23 2 3 16 22 2 5 Jan. 16 Jan. 14 634 Mar. 23 5 234 4934 334 1134 2 Jan. 12 Jan. 14 Feb. 19 Feb. 19 Feb. 19 Jan. 2 234 Jan. 7 YORK NEW 46 EXCHANGE CURB Price NEW YORK Jan. CURB EXCHANGE In Since March. Jan. 1. Shares. INDUS. MISC. Shares. 100 Veeder-Root Inc 100 5,500 2 1932. 15,500 (Concl.) Par * Bid. March 1. Ask. 300 i.4oo Waltt 8c Bond Inc class A._* Class B 1,700 ♦ 3,900 Walgreen Co com.... ... IS 5 I" 'Yi .... 700 """266 Sale Prices. Lowest. Highest. Sale Prices. Sale Prices. 10k 10 9 k Mar. 4 9 10 3 Mar. 28 Mar. 26 Mar. 11 Mar. 26 9 Ilk Mar. 5 4k Mar. 18 10k Mar. 3 2k Mar. 31 2k 2k % Sale 1 lk ♦ Convertible preferred 700 Welch Grape Juice 1,200 Western Air Express Corp__10 3k Sale k lk "I" Mar."7 7k 10k 3k 10 Sale 400 ""'250 200 100 100 Western Auto Supply 575 W "37" 38 A * com 8 Mar. 35 52" "53 k 51k Sale Mar. 12 7 15 51 Mar. Mar. 8 Mar. 19 Mar. 8 53k Mar. 30 575 Western Cartridge 6% pref. Western Maryland Ry— 120 7% 1st pref 100 10 35 7k Mar. 28 10k Mar. 26 2 k Jan. 27 10 k Feb- 19 3k Mar. 12 "%Mar."29 3k 6 k Mar. 24 4k Mar. 30 4k Mar. 30 5 Mar. 14 4k Mar. 18 Sale 11 i?M 6k Mar. 24 3 k Jan. 5 4k Mar. 18 6 k Mar. 24 9 4 5 ig 11 2H 11 Mar. 4k Warrants 600 Walker (Hiram) Gooderhan fit Worts common 39,900 5,900 Watson (Jno Warran) Co 1,800 Wayne Pump Co com 11,800 Highest. Sale Prices. Lowest. Ask. 500 Wagner Electric Co com...15 800 March 31. Ask. Bid. 6k Mar. 24 3J4 Sale 4 300 Vogt Mfg Corp.... Bid. ' Vick Financial Corp com..10 200 200 RANGE SINCE JAN. 1. PRICES IN MARCH. AGGREGATE SALES Mar. 30 Mar, 12 k Mar. 15 Mar. 28 8 10 5 Ilk Jan. 15 4k Mar. 18 Ilk Jan. 14 Feb. 9-16 Jan. 3 6 lk Feb. Jan. 5 3k Mar. 12 k Jan. 2 2 k k 2k 35 Jan. 25 Feb. 8 Feb. 18 Feb. 2 5k Feb. 8k Mar. 12 15 Feb. 27 5 Jan. Jan. 1 3 2 5 36 k 6 29 Jan. 4 8k Mar. 12 Mar. 8 2 15 51 Mar. 8 Mar. 19 53 k Mar. 5 20 Feb. 9 30 Mar. 5 12k Mar. 28 15 15 Jan. Mar. 6 15 2 Western Tablet & Stationery 100 400 mm * t c 15 20 12 k V 20 100 Westfield Mfg Co common. 425 Westvaco Chlorine pref 100 1.100 West Virginia Coal 8c Coke.* 100 325 mm mt mm mm mm common v m 20 12k Mar. 28 Sale 58k Mar. 15 15 64 k ~ Mar. 8 66k Mar. 29 k Jan. 85k Feb. 25 W Va Pulp & Paper 6% pf.100 mm "i",io5 1,300 2,500 600 25 'Villiam* Preference. 1,300 Wilson Y 40,500 72,700 200 8k 2k com 8k 2k 20 * com 19 7 8k lk Sale k 1 18 19 10 19 k ...... Jones Co Winter (BenJ) Co. Wool worth (F W) Ltd— Am dep rets ord shares.... 100 ' (R C) 8c Co >vij.iow Cafeterias 450 700 Mar. 8 Jan. 29 15 50 Sale '"k ""k k. Sale 9k Sale Sale 10 9 Mar. 15 10 k Mar. 30 Feb. 8 7 lk Jan. 15k Feb. 5 Feb. 5 k Feb. 1 8 k 200 7k Mar. 16 10 k Mar. 9 2 k Mar. 17 19 Mar. 16 7k Mar. 28 lk Mar. 26 11 16 Amer dep rets 6% pref 30 Youngstown Sheet 8c Tube pf 9k Mar. 19 Mar. 4 10k Mar. 15 Mar. 4 9 9 1 7k Jan. 4 Mar. 2 k Feb.' 85 10k Mar. 30 k Feb. 1 10k Mar. 15 Mar. 47 1 Jan. 5 lk Jan. 25 9 Feb 4 6 Feb. 8 k Feb. 16 10k Mar. 9 2k Jan. 10 20 Feb. 17 9 47 8 66k Mar. 29 6 RIGHTS 44,900 16,100 Commonwealth Edison Pub Serv of Nor 111 i. w PUBLIC UTILITIES 200 Ala Power Co $7 1,221 290 ' ' mmmmrnrnrn — — 25 mm mm 'C'-'iV'Y 77,700 235,900 4,000 15,900 1,800 25 k Sale 2k 1 k 4k Sale Sale • mm _» Amer Light & Trac com....25 * ' m mm 1st preferred * 14,825 56 cumulative preferred..* 4,000 Appalachian Gas com • 215,500 Warrants.. 4,200 mm'mm mm 'mm 8,800 124,500 ■ mm mm m. ^ ' ' 40 mm Class 1.200 49,700 ■ — 1.000 2,400 • 675 150 33,400 4,400 2,200 86,607 10,700 3,900 Associated 4 90 k Mar. 11 80 Mar. 1 2k Sale k Sale k k Sale Mar. 30 23 8 Sale 2 k Sale 26 k 18k 20 19k 20 19 27 20 Sale Sale 23 3k 4k 3 k Sale 54 56 k 2k 5 3 k Sale 60 Sale Mar. 31 5-16 Sale 1-16 79 4k Sale 39" Sale' Jan. Jan. k Jan. 21 18 14 Jan. 5 4 Mar. 8 Jj si* Jan. 2 Jan. 2 Mar. 16 Jan. 2 Mar. 31 Jan. 6 Jan. 2 Jan. x2l Mar. 31 Mar. 5 Mar. 18 2 Mar. 24 18 Mar. 18 37k Mar. 7 88k Mar. 14 19k Mar. 3 Mar. 22 26k Mar. 31 8 2 k Sale 59 Sale 5-16 Sale Mar. 14 5 2 2k Mar. 31 59 Mar. 31 Mar. 29 k Mar. k Sale 1 4k Mar. 7 62 k Mar. 14 36k Mar. 8 5-16 Mar. 1 1-16 iff" "Mar ."18 Sale 3k Sale x2k Sale 37 k Sale 33 k 8 k Sale Sale 1-32 Sale 1st preferred. 30 Mar. 19 8k Mar. 30 IVA 20 52 Jan. 30 Mar. Jan. Jan. 1-H 2} 3k Mar. 57 40k Mar. 4 Mar. 30 3 10 5 Mar. 4 Mar. 26 100 Mar. 9 3k.Mar. 29 93 110 9k 9h 20k Sale Sale 115 Sale lOk Sale' 20 k 12 k Sale * 93 110k 10k 20k 79 Mar. 23 Mar. 26 112 13k Mar. 7 Mar. 31 Mar. 31 22k Mar. 3 Mar. 2 Mar. 84 8 8 Feb. 5 9 4 3k 28k Mar. 29 3 4] Mar. 31 Jan. 19 Mar. 7 88 __ 27 5 39k Jan. 14 88k Mar. 14 24 Jan. 14 26 Jan. 5 3k Jan. 4 4k Jan. 8 62k Mar. 14 42 Jan. 7 k Jan. 8 4 1-16 Jan. 29 87k Jan. 12 Feb. 23 Mar. 24 Mar. 31 Jan. 8 Mar. 19 Mar. 30 Mar. 29 Feb. 24 k Mar. 10 1-32 Mar. 29 Mar. 6 2k Feb. 2k Mar. 31 76 Mar. 5k Mar. 80 3k Mar. 24 x2% Mar. 31 19 Mar. 18 2 26 k Mar. 31 82 k Jan. 5 Jan. 5 51 150 Bell Tel of Pa 6k % pref.. 100 Buff Niag & East Pow pref.25 85 3 lk Jan. 88 88 30 1,125 Bell Telep Co of Canada..100 * 93 Mar. k Mar. 28 Mar. 3 20 18k Sale Telep Utilities.,* . Mar. 31 76 k Mar. k Mar. 28k Mar. 2k Mar. 15 k Mar. 2 H Mar. 16 _..* Brazilian Tr Lt 8c Pr ord 81 k Mar. 14 Mar. 86 34 k 5 A 55 preferred 24 23 Sale ... 58 int-bear allot ctfs :. 5,225 $1.60 Int-bearlng allot ctfs. 3,100 Warrants 56,700 * 275 Associated Tel & Tel cl A 1,575 - Assoc Gas & Elec, com Sale Sale 36 k 83 170 Arkansas Pow & Lt 57 pref.-* 20 3,800 57,400 Sale Sale 88 3h * com Preferred 329.400 American Superpower.... 4,600 1,000 34,700 Mar. 31 * Amer & Foreign Power warr. American Gaa 8c Elec 3 k Mar. 28 "k """h Sale 6% preferred... 25 500 Amer States Pub Serv class A 600 ; mm Sale 2k Class B 1.300 mm 24 k 25 500 13 Jan. 27 50 ...» Amer Commonwealth Pow clA 56.501st preferred...... » 50 Amer Dist Tel N J pref 100 25,800 84,600 100" 605 V. Corp ..... Class B 50 Amer Elec Power 56 pref ' — Class A U 81 76 Sale * Amer Cities Power 8c Lt 3,500 21,900 37,766 31,200 1,100 4,000 5,100 1,800 Sale 81 80 .... 3,100 Allegheny Gas Corp 1,900 Jan. IP Par pref S6 preferred 650 lk Sale 1 w Mar. 29 7 4 4k Jan. 9 Jan. Jan. Jan. 8 25 8 59 46 11 k Jan. 13 52k Feb. Ilk Jan. 10 4 93 Mar. 26 100 Mar. 9 Mar. 23 110k Mar. 26 112 8 k Jan. 4 13k Mar. 7 20k Jan. 5 22 k Feb. 27 84 Mar. 8 79 Jan. 5 Cables & Wireless— 2,100 800 mm mm mm mm m. Am Am dep rets A ord sh £1 dep rets B ord sh £1 dep rets pref sh £1 60 Carolina Pow & Lt 56 pref * 57 preferred * 75 c 1,200 Am 5,000 2,200 1,300 m. 25 200 1,000 Cent Hud G A E v t c k % Ik "Tk 14 k ik ""ik 15k 16 10 Cent 111 Pub Serv 56 pref * 20 Central Maine Pow 7% pf.100 10 10 100 Cent Pow & Lt 7% pref...100 * 2,500 Cent Pub Serv of Del com Class A. * 35,000 mmmm mrn m.m* 500 12,600 k - 25 - 800 Cent 700 mm±mrn mm 50 - - 100 300 19,200 70,600 150 200 400 150 200 1,650 100 400 10 160 lk Sale Central States Electric mm~ - 65k Mar, k 2k lk Sale * 25 Sale *7 preferred • "k "lk • com 6% preferred. 29k Sale 26 k Sale 100 83 k 116 Sale Hispano 102 Sale lk Sale Sale 83 81 k Sale 1 Mar. 2,200 300 15,400 ^m dep rets A bearer shs._ Consol Gas Utilities class A 50 225 75 400 575 1,400 5,400 7,400 40 Sale Sale lk 10k lk 43 k 52 k 26k Mar Mar, Mar, Mar Mar Mar, 102k Mar, 83 81 k Sale k 1 Sale 25 pref 1,989,800 102,400 33,700 lk 16,600 com Sale 4 ' 1.550 27.300 500 25 - 50 Par footnotes 11 102k Mar. Mar. 31 90 Mar. 5102 B preferred Feb. 1 81 Mar. 9-16 Mar. 18 5 3 55 4 Jan. Jan. 18 14 13 Feb. 29 15 25 Jan. 14 29k 2 k 10k lk Mar. 18 Mar. 17 50 Jan. 19 26 56 Jan. 5 30 Feb. 15 16 8 103 Jan. 11 24 11 90 Mar. 9 Jan. 14 k Jan. lk Jan. 15 12 5 122 k Mar. 22 k Mar. 29 1 lk Mar. Sale 2k 37 62 Sale Mar. 15 2 Sale 61k Mar. 28 2 Mar. 18 37 Mar. 15 37 7 3 59 69k Mar. 2k Mar. * Sale 7k 9 2k ~~2k k Sale 8k 58 3 22 19k * 3k Sale Sale 5 ..__...* 54k Sale" * 45 k 25 3k Sale warrants. 4k 56 5k Sale k 7 3-16 8 Mar. 24 k Mar. 1 Mar. 11 "2k ""2k 29 21 7k Mar. 24 60k Mar. 11 2k Mar. 29 8k Mar. 16 60k Mar. 11 3 k Mar 3 19 70 Sale 20 Mar. 11 18k Mar. 11 Sale 4 Sale 195 23 k Mar. 22 3 Mar. 31 175 Mar. 28 . Mar. 10 Jan. 29 lk Jan. 4 55 Jan. 4 63 Jan. Sale Sale Sale 17 57 k 40 4 45 Sale Sale 40 k Sale Sale 35 Mar. 18 50 k Mar. 7 7 9 9 17 3 Sale 17 3 42 Mar. 31 Mar. 16 k Sale IIlOO Mar. 24 17 19k 14k 17 . 28 175 5 Feb. 11 5k Jan. 14 25 Feb. Mar. 195 Mar. 13 k Jan. Mar. 32 15k Mar. k Mar. Jan. 62 Mar. 54 Feb. 9 Mar. 7 ivxar. 23 Mar. to 17 3 42 Mar. 31 45 Mar. Mar. 19 6 52k Mar. 29 50 x38 42 16k Mar. 12 18 Mar. 3 Jan. Jan. Jan. 14 7 15 7 14 19 9 14 46 k Jan. 17 52 k Mar. 29 5 Jan. 15 15 *38 Mar. 3 10 18 Mar. 24 15k Feb. 29 16 29 22 k Jan. Jan. Jan. Jan. 40k Mar. 100 22 Jan. 3k Feb. 35 Mar. 19 51k Mar 14 10 22 018 3 10k Mar. 32k Mar. 60k Mar. 16 68 1 5k Mar. 18 15k Mar. 31 40k Mar. 31 Jan. 2k Mar. 17 k Jan. 8 7 Jan. 12 Mar. 7 Jan. 14 8k Mar. 16 7 k Feb. 3 Mar. Mar. 15 99k 69k 2 k 76 60k Mar. Mar. L95 37 73k Jan. k Jan. k Jan. 4k Mar. 19k Mar. 25 36 9k 29 k Sale ..... Mar. 15 99k Jan. 12 4 k 17 55. 77 3-16 Mar. * 40 8% preferred 1 31 Jan. 4 3k Jan. 19k Jan. 5 15 Mar. 9 3 * stock 56 preferred 6% preferred. Mar. Mar. 73k Mar. 16% Sale" see page 62 k 2 185 1,300 Mar. 66 1,550 250 Mar. 52k Mar. 30 61k Mar. 31 20 k Option 45 26 Mar. Jan. lk Mar. 10k Mar. lk Mar. 43 k Mar. 52k Mar. 23k Jan. 98k Feb. Mar. lk Mar. 10k Mar. lk Mar. 31 2 55 28 70 $6 preferred B cum 28 1 61k Sale 100 com Convertible stock 55 Mar. 29 Jan. 8 k Mar. 26 k Mar. 29 19k Jan. 13 71 Gas & Fuel Assoc..* States Pr common Mar. 100 $7 preferred A New 83 ' 4k Mar. k Mar. 22 k Mar.-29 9 3 83 5 5 24 Feb. 81k Mar. 18 Mar. 18 Jan. Mar. 14 Jan. 14 16 1 65 k Mar. 94 k Jan. 11 Feb. 2 75 29 31 805 Mar. 15 14k Mar. 15 1 65k Mar. 100 6% preferred istern 64 k 230 548,200 95,000 16,300 10,800 Eastern 10 \i Amer Con Gas ELftP Bait com..* pr 4 78k Mar. 28 Mar. 1 Mar 28 lk Sale ..* Elec Ilium 19.400 Duquesne Gas Corn 100 200 2 28 Cities Serv Pr 8c Lt 56 pref. 800 Duke Power Co 1,100 mwm—-mrn lk Sale 10 Warrants 650 Cont'l G&E 7% / 4,000 150 Sale c 4 81k Mar. 15k Mar. 65k Mar. 26 25 Conn Lt 8c Pow 6k% pref. 100 22,300 3,300 450 1,000 13,100 1 Mar, 29 k Mar k Mar k Sale Sale 28 lk .100 lk - 2,500 4k 9-16 4,700 1,600 75 com Conv preferred Compania 25 mm 8c Southwest Util com.* 4,654 Community Water Service..* ' 78 k Mar 28 14 k Mar, 15 Feb. 11 70 Commonwealth 8c Sou Corp.. Warrants 301,300 118,400 2,054 lk Mar. .* Columbia Gas & Elec Corp— 6,090 5% Conv preferred 100 52,495 Commonwealth Edison 2,790 46,200 16 83 57 Prior lien preferred..._• 57 preferred ...» 7,700 Cleveland 1,700 mm 56 preferred k Mar. 76 Sale ' - k Feb. k Jan. lk Feb. k Mar. k 'lH 14 k k Mar. k Mar. Ik Mar. k NEW CURB YORK AGGREGATE SALES, PRICES IN MARCH. NEW YORK OUKB EXCHANGE Since March 1. 1932. PUBLIC UTIL. (CVmL) RANGE SINCE JAN. 1. Price Jan. 2 Jan. 1. Shares. 47 EXCHANGE Par Bid 1,200 Empire Pub Serf class A-...* 7,700 European Elec Co of Can A. 10 9,133 Option warrants 3 Ask. Sale X Sale 150 Florida Power Ac Lt $7 pref__* Lowest. Ask X IX 3-16 Sale 2 Sale 7-16 Sale X M March 31. Ask. Bid Bid. 3-16 Highest. Sales Prices. 3-16 Mar. 1 2 IX Mar. 23 )4 Mar. 26 Lowest. , Sal' Prices. Sale 1 3-16 Mar. 2 Mar. Sale Prices. X Jan. IX Mar. 23 X Mar. 26 1 X Mar. 12 69 64 Highest. Prices. $6 cum conv pref B ser ... 10,700 Hamilton Gas Co v t com 12 * 240 General Pub Serv $6 pref.. 900 Georgia Power $6 pref * 50 Gulf States Util $5.50 pref..* 75 $6 preferred * 25 25 Illinois Nor Util 6% pref.. 100 2,125 Illinois P & L $6 pref .* 27 0% preferred 100 12 32"" 60 X 79)4 76X 82 1 72 Mar. 31 Mar. 5 Mar. 30 45 7954 Jan. 25 50 Mar. *45 Mar. 11 72 65 50 62 50 Feb. 18 82 50 Jan. Jan. 21 14 65)4 Jan. 27 Jan. Feb. 3-16 Jan. 21 54)4 Jan. 65 47 45 X 48 X 61)4 3-16 Mar. 17 3 Mar. 93)4 Mar. 8 53X Mar. 29 6154 Mar. 22 93)4 Mar. 8 14 5 45 Jan. 5 7 5554 Jan. 7 8 93X Mar. 63 X Mar. 10 93 K Mar. 8 6354 Mar. 10 Jan. 5 Feb. 6154 Mar. 22 o5t 9 Indianapolis Pow At Lt— 25 6X% cum pref 100 825 Int Hydro-El $3.50 „* 7,400 Internat Util class A Class B 51,400 3,600 Warrants for class B s80 1954 Sale pref.* cony 4,300 lnternat Superpower * * 19,400 Italian Superpower cl A....* 3,500 Warrants 150 Jersey Cent P & L 7% pf__100 Kings County Lighting 25 7% cum pref aeries B—100 8,200 Long Island Light com * 620 7% preferred .100 700 6% preferred series B ..100 50 Los Angeles G Ac E 6% pf..l00 "lX Sale" 54 )4 100 Sale Sale 88 19 18)4 Mar. Sale 10 654 6)4 Sale 154 Sale X Sale * stock. 810 Interstate Power $7 pref 12 X 10 10 754 Sale 9 654 8 154 Sale 35 4254 Sale 1)4 Sale )4 1 Sale X Sale . 9 Jan. Mar. 17 9 Jan. Feb. 5 Feb. 3 254 Mar. 54 Mar. 46 Mar. 35 54 Mar. 19 1)4 Mar. X Mar. 11 54 Mar. s91 Mar, 9 s91 Mar. 9354 Sale 52 Jan. 17)4 Mar. 28 1754 Mar. 9 Mar. 10 9354 Mar. 31 101 26 Feb. Jan. s91 1/ X Feb. 9354 Jan. 80 Mar. 19 86 Mar. 11 H 17i Mar. 100 Sale 12k Mar. 97 97 2354 Feb. 54 Mar. X Mar. s91 9 8 14 Mar. 11 Jan. 16 Jan. 8 154 Jan. X Jan. 8 1)4 Mar. 28 80 93 6154 Mar. 22 s80 Mar. 6)4 Mar. 18 5-16 Mar. 12 35 Mar. 31 1 Mar. OX m Mar. 26 13 26 50 X Sale 60 48)4 Sale Jan. Jan. Mar. 30 62 7-16 56 50 57 13 Feb. 20 Mar. 31 80 Mar. 65 X 9 2 12 4 5 16 b5 c.l 250 Hartford Electric Light Sale 50 6854 Jan. X Jan. 3 66 Gen Gas & Elec— 1,900 1 3-16 Mar. 97 Jan. Jan. 2 Jan. 18 Jan. 21 Jan. 15 Mar. Jan. 9 26 3 1954 Jan. 8 Mar. 10 2 101 5 Mar. 11 86 19 100 Jan. 19 Marconi Internat Marine 1,900 61,300 Communication Am dep ret Marconi Wirel Tel of Can 6 H Sale 200 Am dep rets ord bearer shs. 100 Mass P & L Assn $2 pref * $6 pref series C A B 1 Sale 154 2)4 5)4 Mar. 18 1)4 Mar. 2 4 4X „ "5" 21 *3)4 Sale 5 454 Sale Mar. 21 400 Jan. 1754 Jan. x 1)4 Sale 7X Sale 3)4 Sale Sale 1 Mar. 29 354 Mar. 7 1-16 Mar. 1-16 Mar. 7 7 X Mar. 1-16 Mar. Jan. 7 25 Jan. 4 15)4 Jan. 8 1-16 Mar. 25 * 91)4 Sale 16 22)4 10 X 15)4 91 Mar. 2 93X Mar. 9 22 Sale 8 preferred cum Nat Public Service 200 $3.50 760 7% conv ....* Sale 65K Sale 66 com cl A.* preferred * preferred Sale 3X Mar. 22 7% preferred.. 8 Mar. 1 5954 Mar. 31 454 Mar. 31 70 Mar. 7 3.454 Mar. 48X Mar. 41 52)4 Sale 48X 102 Sale Sale 100 10 Class C warrants ;. 50)4 58)4 110)4 111 64 Sale 112)4 6)4 11-16 Sale Sale 54 2)4 2)4 254 54 200 Nor Amer Lt Ac Pr com.. * 500 Nor Amer Util Sec com • 75 Norlnd Pub Ser 6% pref.. 100 225 7% preferred ....100 6,600 Nor States Power com A.. 100 7% preferred 100 6% cum pref....100 48 Sale Sale Sale 47 Sale 5X Sale X Sale IX Sale 9X 54 54 X 1 X 75 Sale 9054 70 80 95 90 91 3,840 Pa Water A Power • 69 X *88 200 Phila Elec Co $5 pref 10 Public Serv of Ind pref Sale 25 24)4 Sale 2) 12) 5)4 45 7 6 51 j 72 Sale 24)4 Sale 28 50 6 98) 50) 52 Sale Sale 13 X 700 22 2,100 2,700 900 24 2154 Preferred....... _...* * 40 Union El Lt & Pr 7% pref.100 6,700 Union Natural Gas of Can..* 23,000 United Corp warrants 2,700 United Elec Sery Amer shs 163,600 United Gas com • 18„jOO $7 preferred * 39,300 Warrants 200,100 United Lt A Power com A...* For footnotes see Common class B • page 55. 1st pref Jan. 19 2 Jan. 20 78 Mar. 4 68 *88 Feb. 14 6 Jan. 22 16 21 Mar. 8 85 Mar. 15 8)4 24)4 22X 91)4 Mar. 17 Mar. 9 Mar. 17 Mar. 3 9 Mar. 31 Mar. 11 25 22X Mar. 17 93X Mar. 3 Mar. 3 2 3 Mar. 6 14 19 Jan 27 Jan, 27 Jan. 19 14 14 19 Jan. 80X Feb. 94 X Jan, 88 Jan. 85 Mar. 85 Jan. 96 8 X Mar. 13)4 Mar 96)4 Mar, 14)4 Mar. 97 3 85 76)4 Mar. 26 Mar. 15 5 3 Jan. 12 Mar. 3 1354 Mar. 2 6)4 Feb. 15 1* Jan. Mar. 1 17 96)4 Mar Feb. Mar. Jan. 85* 64 8 9 Jan. 93)4 Mar. 8 9f 96X Mar. 18 Mar. 31 Jan. 14 23 Jan. 2 Mar. Jan. 26)4 24X Feb. 21)4 Feb. 91X Mar. 98)4 Mar. 31 53 Mar. 15 9 3 1354 Mar. 5 Feb. 70^ 8S3°* Mar. Mar. 15 15 Jan. Jan. Feb. Mar. 91)4 Mar. 8 8154 Mar. 10 Jan. ' 3)4 Jan. 14 2 X Jan. 10)4 Mar. 15 Mar. 68 *88 ;• 7)4 Jan. Mar. 70 Mar. Jan. 15 8 22 7 Feb. 9 10 6 100 1 85 120 Jan. 1 76X Mar. 113 Feb. 80 Mar. 104 Feb. 5 1 73 X Mar. 99 Mar. 2 52X Mar. 58 Feb. 10 22 Sale Mar. Mar. 4100 Mar. 23i 22 Jan. 14 Jan. 15 80 Mar. 23 99 73)4 Mar. 52X Mar. Mar. 2 52X Mar. 11 20 Jan. 10 1554 Mar. 28 2254 Mar. 28 10)4 Mar. 2 10)4 17 Mar. 7 2254 Mar. 28 10)4 Mar. 11 1554 Mar. 28 20 21 2254 Mar. 28 10)4 Mar. 11 Mar. 21 74 Mar. 17 Mar. 23 21 70 15 18 )4 Sale IX 3)4 110% 115 Mar. 14 1 ys Mar. 14 27 Mar. 3 27 Sale Mar. 23 Mar. 21 23 24)4 Sale Mar. 29 40X Mar. 13 18 12)4 15 13 54 Sale 2 Sale 110)4 115 6654 Sale 113 Sale .......... Mar. Mar. Mar. 17 Feb. 23 Jan. 29 25 21 Jan. 29 40 Jan. 15 Mar. 14 2254-Jan. 14 44)4 Mar. 22 13 1 9115 9, 6651 Mar. 1 Mar. 14 X Mar. 21 Jan. Mar. Mar. 51 110)4 Jan. 64 17 55 21 70 18 19 16 17 17 Mar. 18 Mar. 60 65 50 Sale 50 Mar. 60 Mar. 29 154 Mar. Mar. 53 , 90 29 90)4 Sale 254 Sale 26 27)4 Mar. 354 Mar, 54)4 Mar, 27 Mar. 29 Mar, 90)4 Mar. 221 90)4 Mar. 95 15 *17 Mar. 28 Feb. 354 3 Sale 3)4 2 Sale 50 6)4 Sale Sale 2)4 43 X X 554 39)4 Sale 41 46 _ Sal Sale Sale Sale "4154 28 2)4 Sale 254 2)4 5 6 Sale 28 2)4 Mar. 45)4 Mar. Mar. Mar, Mar. 181 654 Mar. Mar. 18 7)4 Mar. Mar. 31' 42)4 Mar. 54 Jan. 20 85 Jan. Jan. 9 32 Jan. 8 19 93 Jan. 15 101)4 Jan. Mar. 31 . 6 28 Jan. Jan. _ Mar. 18 Mar. 31 15 Mar. Mar. 10 106k Mar. Mar. 454 Jan. Mar. 31 4 Jan. Mar. 10 354 Feb. Mar. 31 7-16 Mar. 24 3)4 Mar. 18 13 Jan. 12 Jan. 12 354 Mar. Jan. 22X Jan. 4 Mar. 14 Jan. 6 70 Mar. 31 *67 154 Mar. Mar. 10 106)4 Mar. Mar. 354 Mar, Mar. 3)4 Mar. 3 Mar. Mar. Mar. Mar. Jan. 14 X Jan. 14 2X Mar. 14 io; 20 101)4 Jan. 106)4 3 2)4 3)4 254 254 Sale 2)4 1)4 IX Sale 33 k 33 k Sale 7-16 7-16 Sale 3)4 454 Sale 15 9 50 Sale 18 Jan. 28 115 Jan. 40 23 85 Mar. 13 X Feb. 17 17)4 Mar. 17 Feb. 23 54 Mar. 14 1)4 Mar. 14 2754 Jan. 14 Mar. 22 21 15 21 80 2154 Mar. 22 Mar. )4 Mar. 23 X Mar. 14 X Feb. 25 2654 Jan. 2 44k Mar. 64 5 5 8 Mar. 1 2 X Mar. 14 " IX Mar. 113 2454 Jan. 9)4 Feb. 13 , 5 X Mar, ""IX Sale" 5-16 Sale * 16 cum 64 4 19 275 Tenn Elec Power 7% pref.100 25 Texas Pow & Lt 7% pref..100 400 Sale Sale Sale ""'54 3,300 Stand Pub Serv part A * 3,250 Swiss-American Elec pref.100 3,900 Tampu Electric Co 19.7001 4 Mar. Sale particorlg pref..25 Class B common 18 10)4 Jan. 72X Mar. X Mar. 54 Mar. 10 x 2654 Southwest Gas Utilities Standard Power & Lt com. 30 21 10 25 450 Southw Bell Tel 7% pref.100 2.000 Sou'west G & E 7% pref..100 11,400 Jan. 115 9)4 Mar. 54 Jan. Mar. Sale 76 15 » 25 95 100 55 7-16 Jan. 72 80 25 14,900 Southern Nat Gas Co com 4,900 Southern Union Gas 14 13 17 15 Jan. Feb. Mar. Jan. 115 5X Mar. X Mar. IX Mar. Mar. 9 Mar. 28 Mar. 24 Sale * 25 3 10)4 Mar. 15 100 25 400 Southern Colo Pow cl A 5 64 100 Preferred B. cum Mar; 64 5 4% 5% 16 Jan. 7 51X X X 8254 5954 Jan. Mar. 97 X Feb. 47 Feb. 110 Jan. 4 31 Class A. prefciassC Mar, 11 102 Mar. Sale 25 Seaboard Pub Serv 16 pref..* 160 Sierra Pacific Elec 6% pf.,100 300 Southeast Gas & Water com * 2,200 Sou Calif Edison pref A 75)4 Jan. 9 ! .100 400 Rhode Isld Pub Serv pref...* 5,600 Rockland Light A Power.. 10 5 254 Mar. 3 7-16 Mar. 15 98)4 Mar. 31 50)4 Mar. 31 .......100 7% preferred 14 50 754 * 6% preferred Mar. Mar. 6 9)4 Mar. 3 9 2,295 Railway A Light Securities.* 15,800 10,800 114 100 60 Puget Sound P A L $6 pf 25 Quebec Power Co, com. 1,300 11154 Mar. 5X Mar. X Mar. IX Mar. 1354 Mar. 2Vi 13)4 14 )4 Public Service of Nor 111... • 250 Com $100 par stock 100 125 19 5)4 Jan. 15 Fen. 3454 Mar. 48)4 Mar. 8 Jan. 23 72 97 1,475 250 Mar. 11 9954 Mar. 23 Mar. 26 2)4 Jan. 87 9 ♦ com 2 110 85 2,100 Peoples Light A Power cl A.* 2,300 Philadelphia Co 5 55 8054 Mar. * new com 1 Mar. Mar. 47 Sale 1 100 Pacific Pow & Lt 7% pref. 100 700 New first preferred... * 400 Pa Gas Ac Elec class A * 500 Pa Power Ac Light $7 pref...* IX Feb. 13 21 5954 Mar. 454 Mar. 70 300 400 Pacific Pub Ser 3)4 Mar. 22 64 150 Okla Nat Gas 6)4% pref..100 Pacific Gas Ac Elec 1st pf..25 54% 1st preferred. 25 125 Pacific Ltg Corp 16 pref * 7)4 Mar. 52 X Mar. Mar. 7-16 Mar. 50 Ohio Edison Co $6 pref * 300 .Oklahoma Gas Ac Elec pref 100 18,500 102 9954 Mar. 11-16 Sale * 253,500 Niagara Hud Pow com 31,700 Class A opt warrants 7,000 Class B opt warrants 2,000 1,060 454 Sale 20 108 100 g* 5 5X Jan. 11 IX Feb. 16 14 7)4 Sale 12 Sale 100 8.300 N Y Steam Corp com 2,475 N Y Teleo6H% pref 900 60 100 3,050 New Eng Pow Assn 6% pfd 100 650 New Engl Telep Ac Teleg..l00 250 9 30 7 13 16 Mar. 29 1 5X Mar. 5 1-16 Mar. 7% pref 4 Mar. 5)4 Mar. 13 5 3)4 Mar. 31 100 Nat Elec Power class A $6 Mar. 26 2 Nat Power Ac Light— 12,800 3,600 1 2 75)4 Jan. 554 Sale 35 Hud Pow 1st pref.* Pub Service Feb. 54 Jan. 21 2)4 Mar. 21X Mar. 5)4 Mar. Monongahela West Penn 4,000 5 IX Feb. 13 Mar. 26 s2X Mar. 23 19)4 Mar. 1 *3)4 Mar. 31 21 254 2X 19 X Sale warrants 10 Miss River Power pref 1,125 Mohawk Ac Mar. 4 2 warrants 300 5)4 Mar. 31 1 * 291,100 Middle West Util com * 3,400 $0 conv pref ser A--......* 400 5)4 Sale £1 10,400 Mass Util Associates v t c * 2,450 5% cony preferred 50 6,600 Memphis Nat Gas com * Metropolitan Edison Co— 50 554 IX 5X 1 Marconi Wirel Tel Ltd 8! 7] 53< 8 10 18 13 19 14 12 Jan. 9 Jan. 14 Mar. 5 Jan. 16 NEW 48 NEW YORK Price CURB EXCHANGE Since In Jan. 2 1932. 1. Jan. 40,500 13,300 800 250 Lowest. Ask. Ask. Bid. Bid. Class B ▼ t c 20 FORMER 1% Mar. 2 6 Jan. 14 Mar. 29 Jan. Jan. 14 29% Mar. 21 29% Mar. 21 39% Mar. 18 29% Mar. 21 Jan. 2 90 29 2 78 SX Mar. 17 Mar. 22 3% Mar. 17 78 Mar. 22 78 Mar. 3 6 30% Mar. 1 85% Mar. 14 34 Mar. 3 Mar. 14 90 Mar. 7X Mar. 26 Mar. 3 43% Mar. 22 35 Mar. 36 26% 7 6 85 25 50 ,25 50 200 Cumberland Pipe Line Liquidation receipts certifs 100 600 Eureka Pipe Line. 44% 8% 8 6% 7% 200 15,300 New.. 1,400 22,500 6 18,200 600 2,500 281,000 50,300 1,800 5,150 ...10 25 12 Sale 17 26 % * * Mar. Mar. 10 12 12 12 33 15 Sale 80 14 75 10 2 Sale 4X 4% 13 X X X A Coupon stock (bearer) 1,500 5,600 Carib Syndicate com 6,800 Colon Oil Corp common 25 9X X Sale X X 8% X X 9X X X Vot trust ctfs * 15,300 48,100 Consol Oil Corp common...* 100 Consol Royalty Oil 7,200 Cosden Oil Co common "5",§55 200 200 12,000 500 2,600 2,100 575 32,000 1 X 5,100jDerby Oil & Ret com.. IX Sale IX Sale 25 26% .__.* Sale 500 6,700 33,900 1,300 6,700 Non-votln\l class A 4% Class B * 2,700 31,200 ^Intercontinental Petrol...10 101,400|lnternat Petroleum com 3,100 Klrby Petroleum ...» 11,300 Leonard Oil Development 25 200 Lion Oil Refining 13",555 180,600 700 1,000 36,000 269,400 3,200 2,500 Lone Star Gas * * ... * • • Magdalena Syndicate MargayOil Mexico-Ohio Oil Co 300 8,100,Mlchigan Gas & Oil Corp...* 900 4,400i 3,900, I'd 9X Sale X 4 8% Sale 1-16 Sale *2% Sale 12 28% Jan. 16 Feb. 26 85 Jan. 9 11% Feb. 15 15 Jan. 12 Jan. Jan. Jan. Jan. Mar. Mar. 15 14 14 18 5 7 3 2 4 Sale 26% Mar. 16 5 5 X Sale 9X Sale SX Mar. 22 SX Mar. 21 SX SX 2X 4% o 3 3^ 3' 5 X Sale 1-16 Sale 3X 6 X 1 9 ,1 Mar. 181 5% Feb. 26 1-16 Mar. 31 7 Mar. 12 % Feb. Mar. 2% Mar. 7 X Mar. 3 2% Mar. 24 2 Mar. 8 24 Mar. 2 35% Mar. 31 Jan Mar. Jan. Jan. 6 71) 5 2, 800 100 3,500 1,500 200 200 64,100 200 200 * 5 7,800 Mar. 4 Jan. 5 Jan. Mar. 3-16 Mar. 3 1-16 Jan. 28 Jan. 8% Jan. 5 Feb. 3-16 Mar. 22 5-16 Mar. 14 % 2% 7% Mar. % Mar. 6% Mar. 1 1 1 Mar. 28 2 IX Mar. 11 ...... 100 ""555 10 * 1,500 Ryan Consol Petroleum 500 Salt Creek Consol Oil... "2 A'OO 8,800 10 10 Salt Creek Producers 8,700 18,600 1,800 2,600 500 Shreveport El Dorado. 25 22,800 Southland Royalty Co * 26,900 Sunra.v Oil 5 2,000 Swiss OH Corp 5 5,500 Texon Oil & Land Co. .....* 600 2,800 Union OH Associates......25 900 MINING 2,075 675 400 ' 2,200 Min— American shares. 12,100 Carnegie Metals 8,600 100 23,400 2,500 100 8,900 800 9.800 eft 6X X X Sale 13 X X 4x X X 2% Sale *12 1" Sale X 16 % % X a Sale Sale Sale % % 6% X X X X Mar. 23! 9 1-16 Mar, X 2% a2X Sale xl2X % X 1 IX 5-16 X 2 4 1-16 X 6X 78 % X IX X SX X X sale 7-16 Mar. 30 1 Mar. 4% Mar. 23 9 X Mar. X Mar. 21 4 6% Mar. X Mar. 22 44 Mar. 14 8 % Mar. X Mar. 26 5 1% Mar. 3% Jan. 22 5% Sale % 7% X 47% % % 1% SX 4>f 3% Mar. SX SX 3% Mar. 10 5-16 7-16 3 Mar. 18 2 Feb. 2 Jan. 14 % Feb. Mar. 3 5-16 Sale 2 Sale X Sale 1% 2% 5-16 X 5-16 Mar. 2 Mar. 1 19% Sale 19 20 17% Mar. 16 11 12 % Jan. 14 2* X Sale H % 1 % 10 205 Consol Min & Smelt Ltd 25 700 Eagle Plcher Lead Co.. 20 8,800 Evans Wallower Lead....._.* 23,800 Falcon Lead Mines 1 13,000 Golden Centre Mines.......5 1,800 Goldfleld Consol Mines....10 19,800 Hecla Mining Co 25 5,900 Hollinger Consol G M 5 30,000iHud Bay Min Sc Smelt * % 1X 2 1 X Sale 1 1,100 Copper Range Co 25 11,300 Cresson Consol G M Ac M....1 26,000 Cusi Mexicana Mining 1 20 X ..... 22} 17} 24 5-16 11^ 22 X IX X , 1 Sale % % 1% Mar. 28 Mar. 10 Feb. 10 Feb. 4 Feb. 1 Feb. 10 Jan. 2 >-16 Jan. 28 1% Jan. 7 % Feb. 20 Mar. % Mar. % Mar. 17 1% Mar. 11 22% Mar. 20 X X Sale 15-16 IX 0 55 70 58 65 X Sale Mar. 31 64 Mar. 4X X X Sale X X Sale 3 3-16 Mar. X Mar. 1 5-16 Mar. 6 X 3-16 Y 3-16 5-16 4% ~~5% '""% X X Mar. 14 Sale % Mar. 28 11-16 Mar. 1-16 Mar. Sale 4 4X 4X Sale 2 "3% ""3% 4% Sale 1% Sale X Mar. 14 " 1-16 Mar. 1-16 Mar. 1-16 Sale X 4 SX 3-16 Mar. X 4 2% Mar. 16 4% Mar. 1% Mar. 2 2 1-16 Mar. 4 Mar. 4% Mar. 2% Mar. 11 lOOltron Cap Copper.__.._____1§ '""455 600 Kerr Lake Mines 600 _ 2,760 700,Klrkland Lake G M Ltd 7,760 Lake Shore Mines Ltd Por footnotes see page 54. 4 X % 1 1 24% 5-16 Sale 3-16 26% Sale % Mar. 17 Mar. 28 17% Mar. 16 19 17 25 25 14 30 Jan. 5 Jan. 13 3 13% X Mar. 23 X Mar. 23 X Mar. 8 7-16 Mar. 7 24% Mar. 1< 26% Mar. 55 2 Jan. 4 % Jan. 5 % Feb. 10 4% Feb. X Feb. % Jan. 13 7 Mar. 16 IYa Feb. reu. 8 Feb. 24 1 X 6% 8 Jan. Jan. 15 % -Jan. % 7% X 49% % 4 16 15 4 Feb. Jan. Jan. Jan. Jan. 1 Feb. 1% Mar. % Jan. 30 6 Jan. 7 1 % 24 5 27 Jan. 30 4% Mar. 7 1% Mar. 12 3% Jan. 7 % Jan. 12 % Feb. 4 6% Jan. 21 12 Jan. 20 % Jan. 2 % Jan. 8 2 Jan. 19 X Jan. 11 ij. 1% Feb. 10 % Feb. " X Feb. % Feb. 24 23% Jan. 7 19 Mar. 28 17% Mar. 16 Jan. 21 Feb. % 17 Jan. 2 19 9 Jan. Jan. 64 Mar. 4 3% Jan. 21 % Jan. 14 7-16 Jan. 8 5% Feb. 1 1-16 Jan. 25 1-16 Jan. Jan. 14 % Mar. % Mar. X Jan. 5-16 Feb. % Jan. % Mar. 15 X Mar. % Mar. 7 Mar. 30 55 2 Mar. 30 % Mar. 17 1% Mar. 23 Mar. 15 50 7 4 14 5 27 17 11 4 Mar. 18 1 Mar. 2 Jan. Jan. Mar. Jan. % Mar. % Jan. 3% Jan. 3% % % 5% 10% % % Mar. 3-16 Mar. 16 Jan. % % 1% % X Sale 18 9 44 X Mar. 6% Mar. 5X Sale 10% 11% 9 6% Feb. 7-16 Mar. 6X Sale 10X nx 5 Jan. 29 % Jan. 2 X Jan. 4% Jan. 1-16 Jan. 9 4% Mar. 1% Mar. 3% Mar. X Mar. 2 5% Mar. 28 6 Jan. 1% Jan. 11 % Feb. 16 2% Jan. 11 3-16 Jan. 15 % % Mar. 17 8 8 11 Mar. Mar. Mar. Mar. Mar. Mar. Mar. 3 5-16 Mar. Jan. 13 Jan. 5 Jan. 14 Jan. 5 Feb. 26 2 6 % Mar. 17 % Mar. 9 % 2% 9% % 6% Feb. 2% Jan. % Mar. 4% Mar. 11 26 % Jan. 2 1-16 Jan. Mar. Mar. Mar. Mar. Mar. 1 5 2 L-16 1-16 Mar. % 2% 13% X Jan. 5% Mar. 30 X Feb. 18 Feb. 24 % Mar. 23 1% Mar. % Mar. 15-16 Mar. Mar. 17 IX 1 1 5X Mar. 17 Mar. 17 Mar. 31 3 Mar, X X X SX 11 3 Mar. 30 Sale 47% Sale 9,000. Comstock Tun & Drainage 10c 7,000 Consol Copper Mines ...1 155 '"'855 10 Voting trust certificates... 400 Chief Consol Mining.. 3",755 a STOCKS Bunker Hill & Sullivan Bwana M'kubwa Cop 200 2,400 % % Sale 10 25,900 Venezuelan Petroleum.....5 1,600 Woodley Petroleum Corp * * 14,400 •Y" Oll & Gas Co 825 500 Mar. L Sale^ Sale X SX 1-16 .... 100 Universal Consol Oil 8,200 \2X Keiter-Foster Oil Corp 100 Royalty Corp partic pref "7,855 2X * 400 Richfield OH of Calif pref.,25 100 Root Refining prior pref * 100 500 X X Jan. 15 Jan. 1-16 Jan. 1% Mar. 12 Sale 1 15-16 12 Mar. 14 3-16 Jan. 26 4 Mar. 28 1 9,000.Mountain Producers Corp.10 18,900 National Fuel Gas * 10,800 New Bradford Oil. 5 ._* 1.000 North Cent Texas Oil 14,500 North European Oil com * 10,800 Pacific Western OH Corp * 8,900 Pandem OH Corp * 3,800 Pantepec Oil of Venezuela..* 72,300 Plymouth Oil .5 10,000 Producers Royalty Co.. * 450 Pure Oil Co 6% pref ....100 7,700 IX ig Sale* 1 Class B v t c 300 Mountain & Gulf Oil Co 4,000 X * 81,700,Mo-Kansas Pipe Line 300 2,500 4,900 Class A vot trust ctfs Class B vot trust ctfs.. Mar. 12 2% Mar. 7 % Jan. 4 2% Mar. 24 2% Jan. 22 24% Feb. 29 35% Mar. 31 3% Mar. 22 3% Mar. 21 Mar. 10% Mar. 9 X Mar. 14 1-16 Mar. 1 5 Mar. 26 Mar. 8 Jan. 26 Mar. 7 2 Mar. 12 1% % 1% 1 % 25% 1 1 4| 2 20 1% Jan. 13 7 1 7 4 9X Mar. 28 X Mar. 15 5% Mar. 30 19 2 8 Jan. 26 Middle States Petroleum— 1,600 29,300 1,000 9% Mar. 9 % Jan. 15 X Jan. 7 Mar. 1 IX 7 Mar. 8% Feb. X Jan. % Feb. 2 X % 2% 2% 5% % X Jan. 8 Mar. 29 Mar. 29 Jan. 6 Mar. 5 9 9 9 3 IX Sale % 1% IX 4% % X 1 IX Mar. IX Mar. Mar. 8 8 Jan. 19 1% Mar. 5 7 2 7 20 9 18 4 . 2% Mar. 18 1* ff 17% Mar. 15% Mar. 20 13 X Mar. Mar. 18 X 2 zx 4 Jan. 9% Mar. % Mar. X Mar. 51 3% Sale X Sale 6X Sale Jan. 18 Feb. 15% Jan. 23% Feb. 9X Mar. X Mar. % Mar. 9X X X X. Sale X 37 12 2 7 X Feb. 14% Mar. 9 14 9 5-16 2 10 5 Jan. 7 9 Mar. 12 1-16 10 Sale 20 8 1 4X X Jan. 8 2 4 22 4% Jan. 27 76% Mar. 9 6% Mar. 7 4 % Mar. Sale Jan. 9% Jan. 7 4 5 34 18% Mar. 27% Mar. Indian Terr I Jum Oil Co 700 400 15 8 9 % Mar. 24 2% Mar. 1 2% Mar. 8 5 Mar. 12 X Mar. 34" Feb. Jan. Jan. 1 29 4 Mar. 17 1 28X 28 3% Feb. 11 % Mar. 19 IX Mar. 29 IX Mar. 29 4% Mar. 23 % Mar. 5 X Mar. 7 ?8 Feb. 19 Jan. 19 Jan. 5 5% Mar. 2 2 5 3 8 3 8 Sale IX IX 6 60 Sale 21 Jan. Mar. 8 Mar. 2 Feb. 18 Mar. 15% Mar. % Mar. .... ..... Mar. 9% 9% 7% 10% 9% 3 IX Sale ~2X "2X 49 8 X Sale IX Sale IX Sale 4X 4X X X X 2 T% "2 8 6 3% Mar. 31 6% Jan. 5 12% Mar. 17 100 Preferred * 48,800 Creole Petroleum Corp 2,400 Crown Cent Petrol Corp * 4,400'Darby Petrol Corp.. ...» 650| Preferred 72,100 Gulf Oil of Pa X 35 80 85 15 27 16 42% Feb. 7% Jan. 12% Mar. 17 Sale 1 IX X 7A Jan. 7% Mar. 26 Jan. Mar. 5% IX Sale 6 4 17% Mar. Columbia Oil & Gasoline— 4,600 42,500 18 Mar. 14% Mar. £1 8 4 Jan. 90 30 1 9 7 10 Mar. 17 24 24X Sale 5% 5 Jan. 35 76% Mar. 6% Mar. 5 3 2 14% Mar. 30 12% Mar. 26 17% Mar. 19 17 15 6 1 8 32 12X Sale X Sale 2X Sale 2X Sale 50 Preferred 23 39 9X 10 * com British-American Oil Co. 1,800 X X 2% Sale 10 Preferred 200 Mar. 22 30 4% Mar. Mar. 17 5 10 85 17 7% 68 74 19 30 73 % Mar. 70 7 5 SSX 39 15% Sale 13 X Sale 17% 18 25 X Sale 32 ♦ 200 2 4 Jan. 7% Jan. SX Mar. 23 10 11 14% Sale 13% Sale Class A 200 Atlantic Lobos Co Feb. 16 3% Mar. 17 7% Mar. 26 SX Mar. 10 STOCKS. 200 700 1 SX Mar. 4 SX 65 70 9 27 26,800'American Maracalbo. 9,600 Arkansas Nat Gas com 700 8X Mar. 16 SX Mar. 31 9X Mar. 1 4 SX 6X 6 25 10 25 5% cum pref 100 110 Swan & Finch Oil 7% pref.25 72,400 5,400 65% 50 Standard Oil (Ohio) com. .25 OTHER OIL 14,200 2,500 20,300 1,100 7% 8X SX Sale 9% 10X 4X Sale 100 """"15 9% 9% Sale 70 6 9 Standard Oil (Nebraska) U Sale Mar. 31 8 8 Jan. 75 26% Jan. 8 60 5 8 Standard Oil (Ind) Standard Oil (Kentucky) 8% 8% Sale Sale 45 6 30% Mar. 4 7% Mar. 26 Mar. 3 49 Mar. 8 9% Mar. 8 9X Mar. 2 7% Mar. 14 10% Mar. 9 35 34 28X 35 Sale 46 SX Sale 25 South Penn Oil 9 93 317 Sale" 100 Southern Pipe Line 90 7 10 ..... 250 So West Pa Pine Lines ibi~,§66 7 Sale 7 . Ohio Oil 6% cum pref 800 Penn Mex Fuel 33 81 SIX 45% 8% 8% ..... 4,000 47,400 SOX 87 Sale 25 100 30% Sale 6 22,700 Humble Oil & Refining... .25 * 42,500 Imperial Oil (Canada).. Registered * 1,800 10 4,600 Indiana Pipe Line... 5,800 National Transit.......12.50 ..10 1,400 New York Transit New.. 10 1,500 50 650 Northern Pipe Line.. 500 5 100 Feb. 90 28 46,100 8 13 1% Mar. 30 50 6 5 7 34 "I",355 6 1% Jan. % Jan. 85 OIL STANDARD 75% "'"555 3 1 9 IX Sale 100 31 500 4 Mar. IX Mar. 30 6 Mar. 29 39X Mar. 18 34 X 85 2,300 Buckeye Pipe Line 1,900 Chesebrough Mfg 2,800 2,100 Jan. 2% Mar. 4 13 22 100 50 1,300 100 Mar. 28 Jan. Jan. SUBSIDIARIES 8,500 11,300 63 79 IX Sale 8% Sale 13% Sale 850 Borne Scrymser Co 400 —1% Jan. X Jan. 8 Mar. 28 Sale 97 % Sale 750 "'"ioo 1 Mar. 3X Mar. 17 78 Mar. 22 98 95 * 100 West Massachusetts Cos 100 50 Western Power pref.-. 100 Winnipeg Elec Co com 20 Wisconsin P & L 7% pref.100 25 ""'ioo Sale Prices. IX Mar. 28 IX Sale IX Sale 100 7% preferred Highest. Sale Prices. 63 * ♦ Util Pow & Light com Lowest. Sale Prices 96 1% Sale 300 Utah Power & Light pref-100 50 Utica Gas & Elec 7% pf.._100 79,627 3,700 1,050 Highest. Sale Prices. March 31. March 1. Ask. Stock purchase warrants.. 75 29" loo Bid. PUBLIC UTIL. iCond.) Par U S Elec Pow com with warr_* 300 Shares. Shares. RANGE SINCE JAN. 1. PRICES IN MARCH. aggregate March. EXCHANGE CURB YORK 6 7-16 Jan. 9 1-16 Jan. 25 % Feb. 5 % Feb. 19 5% Jan. 14 5 Jan. 25 2% Feb. 16 X Feb. 5 % Feb. 9 7-16 Mar. 26% Mar. 7 5 CURB YORK NEW AGGREGATE SALES, In March. PRICES IN MARCH. NEW YORK CURB EXCHANGE Since Jan. 1. Shares. Shares. 100 1932. 3~306 1 8,900 New Jersey Zinc 25 20,500 New Mont Mining Corn ___18 1,500 N Y & Hond Kosario M 10 6,400 Nlpissing Min.-h 5 100 1,900 3,600 1,300 65,300 3,600 27,100 2,600 147,800 9,900 1,000 4,100 60,800 4,700 1,700 41,900 2,500 46,300 100 400 1,500 1,900 700 18,900 500 25,900 Ohio Copper Co.... ....1 Pacific Tin special atock Pioneer Gold Mines Ltd Shattuck Denn Mining So Amer Gold Sc Plat 100 1.8 23* 2% Sale Prices. 1 J* Mar. 7 Sale 13 3* 1 3* 33* Sale 103* 12 1334 143* 3* Sale 1-16 1 934 Sale 133* 1434 34 43* 1-16 Sale Mar. 29 Mar. 31 Mar. 21 Mar. 63* Lowest. Highest. Sale Prices. 1 Feb. Sale Prices. 134 Mar. 7 163* Mar. 26 43* 33* Sale 63* Sale 15* Sale 3* Sale 1-16 4% Sale 1-16 Sale 1H 3* 13* H 3-16 Sale 43* Sylvanlte Gold Mines Ltd.-.l 3A 4 5* 5 4 3* 5 3* Sale 3* 3 5* 3A 2 2 33* Sale 900 Yukon Gold Co 34 1A 23* 23* Sale 23* 234 11 Jan. 5 Jan. 11 23* Jan. 4 3-16 13* Feb. 25 23* Jan. Mar. 19 4 7 7-16 Mar. 17 9-16 Jan. 9 Mar. 8 134 Jan. 20 23* Feb. 17 4A Mar. 1 1 53* Mar. 8 1-16 Mar. 1 1-16 Mar. 13* Mar. 7 3* Mar. 12 334 Mar. Sale 1 7-16 Mar. 1A 3* 3* 7-16 3 1 Mar. 16 Sale 23* 1 2 134 Jan. 3* Jan. 2 6 Mar. 11 Mar. 11 Mar. 2 Mar. 24 234 Mar. 26 34 Mar. 11 6 7-16 Jan. 15 33* Feb. 6 5-16 Jan. 25 Mar. Mar. Mar. Mar. Mar. 30 8 24 14 3 23* H 3* 3* 43* 3* Mar. 16 3* Mar. 24 1-16 Jan. 6 23* Jan. 25 3* Jan. 4 Jan. 20 Jan. 2 Jan. 26 Feb. 5 Mar. 9 Jan. 9 43* Jan. 8 3* Jan. 7 3* Feb. 3 3* Feb. 4 25* Jan. 13 3* Jan. 6 7-16 Mar. 11 Mar. 11 Jan. 3-16 Jan. 23 1-16 Mar. 28 334 3* 34 34 234 1 3* Mar. 24 34 Mar. 1 5 43* Mar. 1-16 Jan. 43* Mar. 15 1-16 Mar. 28 7-16 Mar. 24 1 3-16 Jan. Mar. 21 2 Sale 334 3* Jan. 21 14 14 1 1-16 Jan. 15 8 1 7-16 Sale Jan. 29 8 17 Jan. 8yi 3* Mar. Mar. 19 9-16 Mar. Jan. Feb. 1 18 28 Jan. 93* Mar. 3,1 13 Mar. 18 4 4 22 9 34 Mar. 1234 Jan. 3* Jan. 11 Mar. VA 1 1-16 Sale Mar. 1 5 13* Mar. 2A Mar. 534 1-16 Sale ^ 34 2634 Mar. 4 133* Mar. 7 143* Mar. 21 2 7 1-16 Mar. 1 Sale 3 243* 93* 1434 3* 2 Standard Silver Lead 1 1534 Mar. 31 7-16 Mar. 17 * 50,900 Wenden Copper Mining....1 3,300 Wright-Hargreaves Ltd.. • 700 Sale 133* 5 200 Walker Mining...... 17,300 1,800 15 A 18 Highest. Sale Prices. Lowest. Ask Sale 10 1 Premier Gold Mining. 1 Quincy Mining.. .25 Roan Antelope C Mines Ltd.. St Anthony Gold Mining 1 14,400 United Verde Extension.. 3,405 Utah Apex Mining Co 2,200 March 31. Bid. Ask 6-16 22" * Teck Hughes 800 Tonopab Mining ~7~ 700 March 1. Bid. 17 .....25 800 Moss Gold Mining Ltd 4,400 Ask. Bid. ......5 5,200 Mohawk Mining RANGE SINCE JAN. 1. Price Jan. 2 MINING STOCKS (Concluded> 700 Mining Corp of Can. 400 " 49 EXCHANGE 6 BONDS $ 1,000 173,000 20,000 3,000 Abbott's Dairies 6s... 1942 447,000 Alabama Power 44s 1967 38,000 1st 6c ret 5s 1956 90,000 5e_ 1968: 1st 5s. 150,000 .1946 1st & lef 5s 95,000 1951 898,000 Aluminum Co s f deb 5a..1952 147,000 Aluminum Ltd 5s 1948 50,000 83,000 43,000 7,000 52,000 Amer 763* Sale *®erlcsn Power 6c Light !>'14.000 6s without warrants..2016 249,000,Amer Radiator deb 44a..1947 , 963* Mar. 26 963* Feb. 11 84 Mar. 9 74 Feb. 10 95 Mar. 3 873* Feb. 2 9634 Feb. 843* Jan. 963* Jan. Mar. 29 8834 Mar. 10 80 Feb. 4 91 Mar. 98 93 Feb. 10 W* 76 94J4 Sale 94 8734 Mar. 3 913* Mar. 31 6934 Mar. 31 953* Mar. 12 97 Mar. 11 74 Mar. 12 36 Mar. 23 38 Mar. 5 4 Sale 92 Sale Sale 6934 Sale 38 Sale 943* 70 9634 Aggregates 6a A...1943 529,000 Amer Commonn Pow 6s. 1940 180,000 Deb 5,4s 1953 78,000 Am Community Pow 54a 1953 144,000 Amer & Continental 5a..1943 634,000 Amer Elec Pow deb 6a 1957 1,266,000 Amer Gas & Elec deb 5a ..2028 263,000) Viner Gas & Power 6s...I'M** 358,000 5a 1953 , 545,000 86,000 Sale . 45,000 204,000 101,000 44,000 35,000 39,000 119,000 703,000 92,000 199,000 8134 Mar. 31 Mar. 22 85 Sale Mar. 26 91 82 Sale 434 Sale 2 Sale 10 Sale Mar. 21 Mar. 28 Sale Mar. 31 49 11 Sale Mar. 29 Mar. 31 23* 3834 8454 Sale Sale 30 Mar. 17 Jan. 11 15 6 9 85 Feb. 8 91 Jan. 25 9934 Jan. 22 9534 Mar. 12 983* Jan. 8 9 16 74 Mar. 12 1 6434 Feb. 35 54 Feb. 40 Jan. Mar. 1 234 Feb. 10 11 Jan. 2 Mar. 7 2 21 934 Jan. 1334 Mar. Mar. 28 28 8 Jan. 12 27 19 Jan. 5 Mar. 16 Mar. 9 Mar. 9 Jan. 22 52 34 Mar. 16 41 Jan. 27 423* Mar. 9; 883* Mar. 9j 37 Mar. 101 27 Jan. 30 77 Jan. 29 283* Feb. 523* 423* 883* 453* 243* Mar. 21 31 Mar. 12 20 373* Jan. 22 653* Mar. 31 8434 Mar. 7 82 Mar. 653* Mar. 31 8234 Jan. 87 Mar. 26 80 87 Mar. 26 67 Mar. 43 Mar. 7 Mar. 10 333* Sale 7834 Sale 3634 Sale 30 26 Sale 7734 Mar. 31 35 Sale 25 Sale Sale 7634 Sale 7834 Sale 653* Sale 863* Sale 5834 Sale 483* Sale 48 66 Sale 60 Sale Mar. 1 19 Feb. 23 ««« 8 Jan. 29 14 Rolling Mills 253,000 107,000 21,000 21,000 4,000 285,000 218,000 196,000 25,000 19,000 205,000 3,000 744,000, 195,000 120,000 33,000 Deb 44% Amer 62,000 2,000 1,610,000 7,000 325,000 1,257,000 Appalachian Gas Corp- 536,000 483,000 Conv deb 6s 3,000 Sale 2024 1941 1956 80 Sale Sale Sale 843* Sale" 973* Sale 8134 Sale Mar. 34 Jan. 4 47 Feb. 15 Jan. 7 22 Feb. 4 163* Mar. 11 163* Mar. 26 173* Mar. 11 1634 Mar. 26 8434 Mar. 1 92 1034 Mar. 9 Mar. 23 834 Mar. 10 12 Mar. 1 1034 Mar. 21 Mar. 18 84 97 Mar. 973* Mar. 23 81 Mar. 17 7 Mar. 86 Mar. 8 3 203* Mar. 4 25 Jan. 19 573* Feb. 23 Mar. 19 Mar. 28 Mar. 21 24 35 Sale 2534 Sale 30 Mar. 21 Mar. 11 1977 45 Sale Mar. 28 32 J* Sale 3034 Sale 293* Sale 29 39 Sale Sale 40 Cony deb 5s..........1950 34 Sale 34 32 Sale 32 23 1949 Mar. 21 233* Mar. 21 24 3434 Mar. 47 Mar. 21 8 28 Mar. 19 43 Jan. 28 Mar. 28 Mar. 28 Mar. 21 Mar. 28 Mar. Mar. Mar. Mar. 28 24 28 3434 3334 3334 333* 22 30 Mar. 11 Mar. 1 40 3 3 2 5234 Sale Sale Feb. 6 39 Jan. 14 24 Mar. 21 3934 Jan. 14 30 3 35 Mar. 11 Mar. 28 33 Jan. 47 29 9 3 2434 Mar. 21 4434 Jan. 14 Mar. 29 37 4 15 Mar. 4 403* Jan. 37 Mar. 15 34 30 Jan. Mar. 30 Jan. 7 37 Mar. 15 86 Mar. 10 83 Feb. 26 88 Jan. 6 3* Mar. 30 72 Feb. 16 54 Jan. 16 Feb. 10 Sale 63 Sale 62 34 Mar. 30 71 Mar. 3 62 Sale 443* Sale 443* Mar. 31 53 Mar. 4 36 Feb. Sale 2-year 6% secured notes.'33 58 Mar. 29 70 Mar. 4 58 Mar. 29 77 Mar. 17 3734 Mar. 3 35 Feb. 3734 Jan. Mar. 28 90 4 78 9634 Mar. 16 93 3* Mar. 11 943* Mar. 10 Mar. 28 Feb. 18 84 87 Sale 78 Sale 96 Sale 9534 Mar. 1955 853* Sale 89 Sale 1957 85 s94 __ Mar. 89 Sale 78 913* Sale 89 Mar. 1 91 Sale 1,000 Binghamton L H & P 5s..1946 122,000 Birmingham Elec 434s...1968 4,000 Birmingham Gas 5s 1959 Sale 9034 Mar. 3 89 Mar. 1 94 80 78 Mar. 30 80 Mar. 813* Mar. Mar. 22 Sale 10,000 204,000 315,000 10,000 70,000 132,000 913* Sale 1 95 5 70 Sale 65 Sale 923* Mar. 973* Mar. 100 Mar. 16 96 Mar. 97 Mar. 18 65 Sale 65 Mar. 68 Mar. 24 65 Mar. 31 68 Mar. 24 95 Mar. 99 Mar. 22 95 9834 Mar. 102 Mar. 22 97 Mar. 28 99 Feb. 18 102 Mar. 22 Sale 983* Feb. 1947 Brooklyn Boro Gas 5s A..1967 Brooklyn Edison 5s E....1952 66 Mar. 31 65 99 Sale 100 • 933* Mar. 23 1956 101 Sale 101 Mar. 101 Mar. 26 1939 10134 Sale 101 Mar. 102 923* Mar. 15 93 J* Mar. 23 9 100 Jan. 21 9434 Feb. Mar. 18 8834 Jan. 14 97 Mar. 24 101 18,000 55,000 182,000 87,000 24,000 190,000 147,000 32,000 2,000 20,000 31,000 195,000 765,000 52,000 346,000 579,000 332,000 350,000 94,000 7,000 49,000 97,000 668,000 2,889,000 52,000 822,000 1,476,000 635,000 2,000 4,000 130,000 44,000 23,000 90,000 87,000 28,000 8,000 Copenhagen 15-yr 6s.. 1940 1935 1951 Sale 99J4 Sale 983* Mar. 29 9934 Mar. 10 85 Sale Sale 82 Sale 85 Sale 85 70 Sale 663* Sale 723* Sale 64 Mar. 31 Mar. 28 70 Mar. 21 70 Sale 7434 Sale 1981 Cent Pub Serv deb 534s„_1949 92 Sale 623 203 Sale 1948 33 36 34 46 3* Deb 53*s__....Sept 15 1954 Cent States Pr Sc Lt 5 3*8.1953 Cent Vermont Pub Serv— 5s series A >89 Sale . . 3 Mar. 21 Mar. 31 834 Mar. 31 83* Mar. 31 3334 Mar. 31 75 15 91 Mar. 10 85 Feb. 64 Mar. 9034 Jan. 16 743* Mar. 3 70 Sale 1734 Sale Sale 3634 Sale 3834 Sale 563* Sale Sale Sale Sale 61 70 Sale Sale 60 67 9 834 333* 3534 413* Sale Sale Sale Sale s35 40 72 Jan. Mar. 31 Mar. 26 8334 Mar. 3 Mar. 10 Mar. Mar. Mar. 17 12 2 Mar. 85 Jan. 7 663* Mar. 825* Mar. 3 8234 Mar. 11 9034 Mar. 15 60 1959 Chicago Dlst El Generating 296,000 43*8 series A 1970 Deb 5Ms 72,000 1935 41,000 Chic Pneum Tool 5J*s 1942 182,000 Chic Rys 58 ctfs of dep..1927 Cigar Stores Realty— 248,000 53*a series A 1949 63,000 Cincinnati Street Ry 53*sl952 6s series R 41,000 .1955 Mar. 91 8934 Mar. 19 743* Mar. 3 773* Mar. 3 6234 67 5 3*s without warrants. 1949 Cent States Elec 5s 863* Mar. 31 663* Mar. 18 8234 Mar. 11 43$s E..1957 1955 28 Jan. Jan. Jan. 803* Jan. 843* Mar. 14 Sale 100 Feb. 5 8634 Sale 86 22 75 76 85 70 Mar. 893* Sale Central Power 5s ser D..1957 Central Pow & Lt 5s 1956 For other footnotes see page 54. 83 W* 82 733* Jan. 21 70 73 5 Mar. 24 Jan. 1 7134 Mar. 1 Jan. 773* Jan. 813* Feb. Mar. 28 9 Mar. Mar. 22 983* Feb. 25 Jan. Feb. Mar. 1935 4H» series H Cent Maine Pow 5s series D s71 7134 Sale 7034 Sale 1960 Cent 111 Pub Serv 43*s F.1967 5s Series G 1968 99 79 Capital Admin 5s A 561,000 Caterpillar Tractor 5b 81,000 Cent Arizona L & P 5s 499,000 983* Sale 22 983* Feb. 983* Jan. 733* Jan. Steamships 5s..1955 1953 Without warrant..... 905,000 Carolina Pr Sc Lt 5s 1956 181103 Mar. 18 102 7334 Jan. 5H«-—1947 20-year guar 454s.. Can Nat 9 23 6 80 8 Jan. 963* Feb. 29 93 A Mar. II 943* Mar. 10 4 94 Mar. 9 Mar. 30: 80 Mar. 30 Jan. 28! 813* Mar. 8 Mar. 22 -753* Jan. 25 Jan. 8334 Jan. 8334 Jan. Mar, 9 Mar. 30 90 93 Boston Sc Maine RR 6s...1933 Broad River Power 5s A.. 1954 Canadian Nat Rys 7s 29 66 1952 Canada Cement 23 35 Burmeiater Sc Wain Co of 67,000 6 Jan. 3734 Mar. 24J4 Mar. 21 68 ..I960 1,000 14 Mar. 21 443* Atlas Plywood 5^s_. 1943 Baldwin Locomotive Works Buffalo Gen Elec 5s 1st & ref 5s 22 23J* Mar. 21 61 67 3* 1944 Boston Con bo 1 Gas 5s 4434 Jan. 8434 Mar. 29 5^s A...1955 5s series B 3 28 194.000 Assoc Rayon Corp 5s 1950 262,000 Assoc Simmons Hard 6 His 1933 22,000 Assoc Telep Co Ltd 5s...1965 88,000 69,000 68,000 7,000 3,000 3,379,000 52.000 17,000 Mar. 24 28 Blackstone Valley G & E— 88,000 26,000 40,000 7,000 3,000 2,508,000 3,000 17,000 Mar. 2334 Mar. 28 57 34 Mar. 11 Sale 1 86 4 27 June 5 Mar. 21 Sale B Jan. 203* Mar. Sale ser 975* Mar. 23 47 Sale 1st M 6s 14 7 Sale 37 58 series C 28 Mar. 473* Sale Bell Tel of Canada 5s 26 Jan. 60 27 447.000 Jan. 133* Jan. 4 Sale 5H% notes..... 1933 58.000 Beacon Oil 6s with warr.1936 16 85 5934 Mar. 3934 .....1949 7 4 Mar. 18 83* Jan. 734 Jan. 78 97 75 Mar. 24 Sale 1968 5s registered..........1968 5 Ha 1938 '476,000 Mar. 23 60 32 5s Assoc Tel Util 18 19 92 4 Sale Assoc Tel & Tel 29 593* Mar. ...1938 43*s C registered 223* Feb Sale 34 414s series C 163* Mar. 26 8034 Feb. 10 76 60 221,000 Assoc Gas & Elec 43$9_„_1948 2,000 4Hs registered 1948 556,000 55 45 78 Sale 62,000 Mar. 10 Mar. 28 Dyeing Sc Printing— 72,000 208,000 181,000 77,000 1,000 65,000 3,000 103* 1034 Sale 55 9,000 22.000 Sale Sale Sale 1953 899,000 1,723,000 90,000 25,000 45,000 Sale 10 1634 9034 76 Jan..29 Jan. 5 67 60 7 " Arnold Print Works 6s...1941. 13,000 6s with warrants 879,000 Associated Elec 4^8 3,277,000 337,000 776,000 8 Sale 12 Sale 85 81 86 1945 Con» deb 6s series B...1945 68,000 Appalachian Power 6s 19,000 5s... _• 800,000 Arkansas Pr 6r Lt 5a 1,000 146.000 10,000 1933 1936 63*« without warrants. 1936 670,000 Appalachian El Pr 5* 1956 1,350,000 18,000 notes. Seating 6a. Mar. .30 Mar. 30 43 .1948 10.000 3,379,000 9,000 973,000 4,169,000 2,000 410,000 148.000 f 5»... Amer Solv Sc Chum 6s....1936 Assoc 12,000 371,000 s 75 Jan. 19 893* Jan. 15 89 Jan. 92 3 60 Jan. 70 1 583* 83* 83* 3034 Jan. Mar. Mar. Jan. Jan. P Jan. 33 42 Jan. 8 40 Mar. 59 Feb. 17 Jan. 22 18 Mar. 10 1534 393* 413* 563* Mar. 12 Mar. 10 Mar. 9 Mar. 1 85 Mar. 5 IW. Jan. 2 Feb. 29 Jan. 14 Jan. 14 Mar. 12 14 833* Mar. 3 90 7334 Mar. 5 773* Mar. 11 68 Feb. 8 67 733* Mar. 5 793* Jan. 25 503* Jan. 29 I 693* Mar. 28 73 45 Mar. 28 42 Sale Mar. 28 Mar. 15 45 Mar. 1 42 49 Mar. 10 40 Feb. 8 Mar. 28 Mar. 15 50 Jan. 3334 Mar. 29 5734 Mar. 30 40 Mar. 2 30 Feb. 11 40 Mar. 2 62 5334 Jan. 6 62 Mar. 3 67 Mar. Mar. 31 60 3 60 67 Mar. 3 413* Sale 40 573* Sale Mar. 22 Jan. 6 NEW 50 YOEK NEW YORK In Price CURB EXCHANGE Since Jan. 2 1932. 1. Jan. Bid. BONDS (Continued)— 124,000 4,068,000 173,000 123,000 598,000 29,000 23,000 154,000 1966 1950 353,000 Cities Service 5s Conv deb 5s 16,109,000 578,000 Cities Service Gas 283,000 Cities Serv Gas Pipe L 6v_1943 1,756,000 Cities Service P & L 526«.I952 1954 235,000 Cleve Elec Ilium 5s 5s series B 1961 163,000 5s 1939 723,000 - Ask, March 1. Ask Bid. 45 26 Sale Sale 5526 Sale 542a Sale 10024 Sale 46 Sale 4526 Sale 5426 42 96 Sale 62 Sale 5326 10022 9926 10023 Sale Sale Sale Sale Ask, Sale Pnces Sale Prices. 42 26 Sale 4526 Sale 4226 Mar. 31 s4423 Mar. 28 5523 Sale 62 Sale 5026 Sale 5423 6123 50 26 10026 9926 10026 102 26 Sale 5926 Mar. 1 65 Mar. 3 5626 Mar. 31 Mar. 1 103 Mar. 1 10326 Mar. 1 103 Bank 596« 1937 675,000 .1957 450,000 Commonw Edison 426* 5s series A 1953 31,000 5s series B 1954 13,000 4^8 series C 1956 364,000 426s series C reg 1956 1,000 4268 series E__........1960 398,000 4s series P 1981 2,762,000 586,000 Community Pow & Lt 5s. 1957 3,000 Conn Lighting & Pow 7s. 1951 ... 36,000 93 Sale 9296 43 26 88 Sale 3326 Sale 88 Sale 9726 Sale 9726 Sale Sale' 3326 8726 9626 9626 8726 Sale Sale 8026 Sale Sale 61 Sale "78 5226 Sale Sale 105 93 Sale 89 Sale 89 Mar. Sale 12 2926 Sale 2923 Sale 28 Mar. 29 Mar. 14 75 Mar. 1,163,000 Consumers Power 4J4s__1958 63,000 1st & ref 5s. 1936 2,916,000 ContinentalGflcEl 5s 1958 208,000 Continental Oil 5«s 1937 Continental Secur 5s 1942 5,000 4,000 Series A with warrants 56,000 5s scries A without warr... 3,000 Cosgrove Meehan 626s—1945 179,000jCrane Co 5s 194t> 86,000 Crucible Steel 5s__ 1940 ll.OOO.Cuban Telephone 7268--1941 2,000 Cuban Tobacco 5s ..1944 244,000 Cudahy Pack deb 5J*s—1937 118,000 5s 1946 31,000 Cumberland Co P & L 4 26 ■ '56 39*666 41,000 16,000 2,000 79,000 30,000 16,000 1,000 2,000 4,000 15,000 13,000 11,000 62,000 58,000 25,000 1,000 8823 Sale 63 Sale 7826 Sale ... 3926 Jan. 9 11 3 37 Jan. Feb. 11 22 14 24 Jan. 19 3316 8126 6616 9616 Mar. 31 6 Feb. Mar. 28 Mar. 29 i&X 93 Feb. 19 Jan. 2 6323 Sale 7826 Sale 7 1 82 Feb. 9 88 Mar. 7 88 8 Mar. 10 75 Jan. 26 2 45 5 Mar. 4 Jan. Feb. 1 1 9816 Mar. 10 93/ Mar. 22 1826 Mar. 3 3026 Mar. 9 7526 Mar. 29 8823 10026 5526 7826 Mar. 1 Mar. 26 Mar. 31 Mar. 1 9513 10126 6716 8426 Mar. 29 Mar. 23 Mar. 9 Mar. 8 73 Sale 77 77 65 Sale Sale Sale Mar. 28 50 Mar./ 9 50 77 64 Mar. 31 Mar. 28 109 9826 Mar. . Sale 8426 Sale 9726 Sale "8326 Sale Feb. 25 9926 Jan. 82 Jan. 29 93 Mar. 22 12 Mar. 29 21 Jan. 27 Jan. 5 31 72 Jan. Jan. 20 81 Jan. Feb. 8 8 3 22 20 Jan. 1(2 8726 Feb. 15 9526 10016 Mar. 26 10126 52 Fob. 8 6724 85 78 Feb. 13 9526 Sale 8 73,000 1,000 European Elec 6H«-- 12,000 9,000 595,000 13 89 Jan. 15 9 64 Mar. 28 77 Mar. 9 7526 Mar. 28 83 Jan. 4 30 Mar. 14 33 Mar. 8 Jan. Mar. 11 99 Mar. 31 1 96 Sale 58 8526 Sale 93 Sale 85 8 8326 Mar. 4 9526 Jan. 4 78 Feb. 17 Mar. 8 92 Mar. 22 Mar. 22 102 Mar. 9816 Mar. 30 102 Mar. 22 95 Mar. 30 73 Mar. 12 4326 Mar. 23 6816 Mar. 12 Mar. Mar. Mar. Fob. 15 105,000 55,000 62,000 295,000 116,000 40,000 45,000 9,000 86,000 135,000 200,000 70 Sale 74 Sale 9526 24Sale" 99 Sale 2226 Sale 10026 Sale Mar. Mar. 70 87 Sale 21 Sale 10023 Sale 9926 Sale Mar. Mar. Mar. 5 5526 Sale 41 Sale 1 4 9 9326 Mar. 15 15 Mar. 23 304,000 1,365,000 1954 Florida Power 5r Lt 5s 1934 327,000 Gary Elec 5c Gas 5s A 1956 979,000 Gatlneau Power 5s.. 6s 1941 302,000 6s series B 1941 173,000 Gen Bronze conv deb 6s.l940 119,000 11,000 General Cigar serial 6s—1932 Serial 6s 1933 8,000 Serial 6s 1934 3,000 Serial 6s 1935 3,000 Gen Indus Alcohol 6 96s. 1944 13,000 28 89 9 90 Jan. 15 9726 Feb. 5 Mar. 28 5 Mai*. 29 16,000 7~O",66O 6,000 13,000 28,000 278,000 157,000 131,000 164,000 34,000 4,000 293,000 5% 5% 5% 5% 5% serial serial serial serial serial notes.... 1932 notes .....1933 notes.......1934 notes 1935 notes 1936 Gen Pub Serv Co 5s Feb. 2 19 1 Jan. 22 2 1 Feb. 40 75 Mar. 7 2 6226 Jan. 5 75 9426 Mar. 9 726 Mar. 21 Fod. 26 96 26 Mar 11 Mar. 8 Mar. Mar. 87 21 696» series A 6,000 Gen Rayon Ltd 6s A 42,000 Gen Refractor 5s ....... 219,000 6s series B._ 496 Jan. 4 596 Jan. 4 496 Jan. 9316 Mar. 15 96 Mar. 11 Mar. 23 30 Feb' 15 9826 Jan. 4 13 10126 Feb. 23 Feb. 26 14 25 4 100 64 Jan. 62 Jan. 60 Mar. 12 98 40 Jan. Mar 30 59 Jan. 29 54 Mar 1 Mar. 11 Mar. 10 57 Mar 31 6526 Jan. 44 Feb. 10 48 6326 Mar. 17 19 6396 Mar. 17 60 Sale' 54 Mar. 57 Mar. 62 4623 Sale Mar. 48 53 53 Mar. 45 Jan. Mar. 30 99 Mar. 30 99 Mar. 30 99 Mar. 30 Mar. 12 40 80 Mar. 28 Jan. 20 49 Sale 1 Jan 4 14 • 30 23 Sale 41 Sale 40 Mar. 28 Sale 26 Sale 25 Mar. 30 3026 Mar. 80 Mar. 12 Jan. 20 1 25 Mar. 30 35 Jan. 50 Jan. 6 60 Mar. 18 17 43 2626 Sale 49 55 Mar. 28 60 Mar. 18 4 Mar. 23 5 Mar. 17 Sale 46 Sale 3326 Mar. 1 52 Mar. 12 3326 Sale 7023 Sale 38 Sale 3026 Mar. lj 48 Mar. 10 75 Sale 70 Mar. Mar. 3, 34 26 Sale 77 l| 7826 Mar. 12 81 Mar. 8 14 Sale Sale 6026 7623 Sale Sale 34 51 73 Sale Sale 74 Sale 66 Sale 12 26 Sale 1026 Sale 5223 Sale 7126 Sale 3326 Mar. 1216 Mar. 1026 Mar. 5126 Mar. 7126 Mar. 2| 45 22 16 31 1426 28 6216 29 78 66 7026 Sale 64 Sale 6126 Sale Sale 66 Mar. 31 83 67 Sale 6626 Mar. 29 74 6523 Sale 6426 Sale 33 Sale Mar. 1 70 6126 Mar. 1 68 Mar. 19 38 64 30 Mar. Mar. 9 8 Mar. 23 Mar. 10 Mar. 8 Mar. 2 Mar. 8 Mar. 10 Mar. 11 Mar. 7 10026 Mar. 12 10026 Mar. 12 8 Jan. 6* 2 Jan. 4 26 Feb. 6 2996 Jan. 14 5 Mar. 17 52 Mar. 12 26 Jan. 2 48 62 Jan. 11 7026 Feb. 9 81 Mar. 3326 Mar. 2 1126 Jan. 12 60 Jan. 17 Feb. Mar. 10 7826 Mar. 12 8 12 13 1526 Feb. 19 6296 Mar. 10 9 Feb. 51 Jan. 15 2 6926 Jan. 5 78 Feb. Mar. 31 6 6226 Jan. 4 54 Jan. 5 50 Jan. 85 74 Feb. 70 Mar. 13 Mar. 11 66 30 100 Mar. 19 Feb. 68 40 16 Mar. Jan. 7 8 10026 Mar. 12 8 8 10026 Feb. 10026 Feb. 9826 Jan. 20 9926 Feb. 98 Jan. 26 99 Feb. 17 10 Jan. 15 15 Feb. 26 9926 Feb. 9826 Sale 9823 Sale 97 Sale 9623 Sale 9726 Sale 9926 Mar. 10 10016 Mar. 30 Mar. 4 9826 Mar. 1 99 9626 Mar. 1 9826 Mar. 11 96 Mar. 5 9726 Mar. 17 6526 Mar. 12 3026 Sale 26 Sale 30 Sale 25 Mar. 2 6826 Mar. 2426 Mar. 24 63 30 8 25 6516 Mar. 12 Mar. 4 326 Mar. Sale 3 4 30 Mar. 29 40 60 Mar. 18 Mar. 2<t 35 30 Sale Sale Mar. 18 Mar. 7 3 98 Jan. 9826 Jan. 9426 Jan. 9326 Jan, 13 10026 7 10026 8 99 5 9896 18 9796 16 Mar. 22 21 Mar. 85 Mar. 19 83 Mar. 30 86 90 Mar. 12 Mar. 9 60 Mar. Sale 1626 Sale 8523 Sale '8326 Sale 3426 Mar. 31 8926 Mar. ~ 7226 Mar. 31 40 Sale Sale 3426 Sale 9126 Sale 7226 Sale 93J6 Mar. 7 77 Mar. 8 67 66 Mar. 22 70 Mar. 20 1944 2,000 Georgia Carolina Pow 5s_1952 916,000 Georgia Power ref 5s....1967 1978 61,000 Georgia Pow 5c Lt 5s 4 6526 Mar. 16 18 Jan. 8 Mar. 30 Mar. 4 Mar. 11 Mar. 17 6526 Mar. 12 32 Jan. 14 25 Mar. 2 68 26 Feb. 32 Jan. 13 4196 Jan. 13 24J6 Mar. 24 25 Mar. 24 11 70 Jan. 18 396 Mar. 3 2526 Jan. 26 8 Jan. 40 Feb. 11 29 1126 Jan. 50 Feb. Gen Water Wks Gas 5t Elec— 89,000 2,000 333,000 28,000 4 99 4526 1933 6s with warr Aug 15...1937 11,000 1943 289,000 Gen Water Works 5s A 9 Jan. 8 45 57 Gen Vending Corp— 5,000 75,000 7 9496 Feb. Mar. 10 Mar. 12 60 1931 1956 1948 Mar. Sale Sale 54 6026 Sale 4523 Sale ..1953 Gen Pub Utilities Co 6s V 7 3 Mar. 16 Fod. Mar. 28 Gen Motors Accept Corp— 62,000 24,000 62,000 53,000 Mar. 12 8026 Jan. 10126 Mar. 23 9916 Mar. 21 6026 Mar. 8 10026 Mar. 9926 Mar. 59 5626 Sale Certificates of deposit Florida Pow Corp 526s A 1979 Mar. 23 Mar. 1 Mar. 16 9126 Mar. s7 1931 Fisk Rubber 5Hs-. Mar. 12 % Feb. 1957 1st 7s without warr 7 Mar. First Bohemian Glass Wks 49,000 51,000 11,000 130,000 472,000 14 Jan. Mar. 89 Finland Residential Mtge Bank 6s 1961 232,000 428,000 Firestone Cotton Mills 5s.l948 Firestone T 5c R Cal 5s._1942 146,000 8496 Jan. 99 Mar. 22 102 9826 Jan. 28 73 6 61 Jan. 3226 Jan. 27 43 26 68 26 58 Mar. 31 1 32,000 Farmers Nat Mtg Inst 7s .1963 1933 21,000 Federal Sugar Ref 6s 930,000 Federal Water Service 5s_1954 104,000 30 Mar. 31 87 5 Without warr 443,000 4,000 European Mtge 5c Inv 712s.'50 7s Series G 1967 873,000 44,000 Fairbanks Morse 5c Co 5s. 1942 131,000 268",000 . Feb. 77 2 38 1967 1965 ; Mar 9 81 5 6H» with warrants....1953 Erie Lighting 5s Mar. 30 Mar. 31 Mar. 58 50 16 Mar. 11 92 Sale 50 11 99 97 6426 Mar. 85 19 Jan. Feb. 87 81 Sale Jan. 41 40 Mar. 29 Mar. 23 Mar. 9 Jan. 18 Mar. 102 97 38 4 94 Mar. 12 Sale 92 Feb. 8 10626 Jan. 7 Mar. 12 8 101 33 Sale 82 Sale 5 18 18 80 Mar. 1 Mar. 28 99 8426 Mar. 77 Mar. 7 Mar. 10 612-6 Feb. 18 109 10326 Mar. Mar. 9396 Jan. 84 7526 Mar. 28 Mar. 14 8326 Mar. 30 30 82 Mar. 30 Mar. 30 5 9826 Mar. 22 9826 Mar. 31 9326 Mar. 11. 19 9426 Sale 10026 Sale 5526 Sale 4 Ercole Marel Elec Mfg 28,000 1,000 Mar. 22 Jan. 8 ... 1,222,000 Edison Elec 111 (Boston 5s '33 4% notes 1932 225,000 2030 2,780,000 Elec Pow & Lt 5s 20,000 El Paso Nat Gas 6 26* A..1943 6Hs 1938 33,000 1952 212,000 Empire Dist Elec 5s 757,000 Empire Oil & Refining 5 Hs '42 14 Jan. Jan. 8126 Feb. 45 11,000 6s series A.. 1949 2,000 11,000 Dayton P & L 1st & ref 5s '41 29,000 Delaware Elec Pow 5J^s..l959 15,000 Denv 8r Salt Lake Ry 6s..1960 1946 11,000 Derby Gas & Elec 5s 102,000 Detroit City Gas 5s B—1950 6s series A 1947 339,000 58,000 Detroit Int Bdge 6 Ha—1952 626s certifs of deposit._1952 4,000 25-yr * f deb 7s__ .....1952 7,000 7s certifs of deposit 1952 5,000 Dixie Gulf Gas 6H* 1937 415,000 76,000 1,328,000 14,000 31,000 144,000 235,000 9 Mar. 11 589^ Jan. 25 Mar. 43 Dallas P & L 5s series C--I952 239,000 932*665 Sale 75 ' with warrants 125,000 1967 41,000 Duke Power Co 426*-1945 50,000 Duquesne Gas 6s 6H% notes Mar 15 1935 2,000 932,000 Duquesne Ltg 1st M 4 26s- 1957 905,000 Eastern Utii Invest 5s A 1954 44,000 36,000 13,000 14 Sale 32,000, • 15 16 5926 Mar. 65 17 103 Mar. 11 109 1981 27 26 1 Mar. 10 8 10526 Mar. 22 Mar. 12 8 101 95 424,000 63,000 780,000 104,000 4726 Jan. 5226 Jan. 29 10396 Mar. 10 Mar. 7 19 103 6116 Mar. 9526 Sale 6348 with warrants 1943 233,000 1st & coll 68 ser \ 1943 353,000 31,000 Consol Publishers 6J4s_. 1936 1941 4,000 Consol Textile 8s Feb. 99 9816 Feb. 9924 Jan. 84 1970 14s 5126 Jan. 4 5526 Jan. 2 5016 Mar. 31 9316 1952 1969 s 8 88 43^s series H Mar. Mar. 22 9826 Mar. 22 9816 Mar. 31 9326 Mar. 11 Mar. 8626 Mar. 7623 Mar. 5226 Mar. 109 Mar. 10326 Mar. 9826 Mar. 28 4326 Mar. Mar. Mar. Mar. Mar. Mar. 88 88 8024 52>£ Sale Consol Gas Utilities— 96,000 117,000 15,000 9 Mar. 17 Mar. 22 Mar. 10 Mar. 7 10 22 5H» series E 4^8 series G 1st ref Mar. Mar. 11 40 Feb. 4026 Feb. 3 Mar. 22 Consol G E L Sc. P Bait— 88,000 40,000 103,000 378,000 Highest. Sale Prices 2926 Feb. 28 Goinmeri und Privat 39,000 34,000 33,000 4726 Mar. 11 4826 Mar. 8 •V" "j ;,:V;' VV; 238,000 141,000 31,000 13,000 182,000 1,000 207,000 904,000 149,000 2,000 Lowest. Sale Prices. Highest. Lowest. March 31. Bfd 1941 6,000 Cleve Term Bldg 6s 2,000 Col Riv Longv Bridge 626» '53 19,000 Commander Larabee 6s—1941 6s certifs of deposit>___1941 4,000 1,000 RANGE SINCE JAN. 1. PRICES IN MARCH. AGGREGATE SALES, March. EXCHANGE CURB 14 Feb. 27 Mar. 12 Jan. 9 6526 Mar. 16 o 21 Mar. 19 Jan. 29 Jan. 14 86 90 3426 Mar. 31 7726 Jan. 2 71 Jan. 5 47 78 Jan. 6 70 Mar/ 7 85 80 60 Gesfuerel— 144,000 645,000 50,000 32,000 68 without warrants...1953 257,000 1,087,000 Gillette Safety Razor 5s_1940 1935 122,000 Glidden (The) 526 s Gobel (Adolf) 626s ser A.1935 With warrants 71,000 For footnotes see page 54 7726 Sale 92 76 Sale Mar. 10 6026 Feb. Feb. 9326 Mar. 2 7 9 NEW CURB YORK PRICES AGGREGATE SALES In March. 1932. 10,000 42,000 39,000 22,000 164,000 33,000 70,000 176,000 46,000 32,000 245,000 6,000 5,000 118,000 Godchaux Sugars Ask. Bid. BONDS—Continued. 4,000 RANGE SINCE JAN. 1. MARCH. Jan. 2 Jan. 1. 3,000 IN Price NEW YORK CURB EXCHANGE Since 51 EXCHANGE March 1. Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices Sale Prices Sale Prices. March 31. Ask. Bid. Bid. Ask. 65 Sale Sale Grand Trunk Ry 6%«...1936 Grand Trunk West Ry 4s 1950 96 Great Northern Pow 58—1935 99 % 96 Sale Mar. 31 65 Mar. 31 7% Mar. 21 7%s—1941 Grand (F & W) Properties— Conv deb 6s 1948 15 Mar. 65 96 Mar. Mar. 59 Sale 99% Mar. 1 7 98% Mar. 19 69 9 Mar, 1 100% Mar. 22 98% Mar. 11 97% Sale 95 Mar. 14 Gt West Power Calif 5s—1946 7 14 Mar. 31 2 Guantanamo 8c W Ry 6s_1958 Sale Sale 100 69 16 Jan. 30 Mar. 9 Jan. 100% Mar. 22 98% Mar. 11 84% Jan. 21 5 Jan. 5 97% Feb. 91% Feb. 5 14 Feb. Jan. Mar. 39% Mar. 11 25 Feb. 17 92% Jan. 92% Jan. 29 2 96 Mar. 11 Jan. 29 84 Jan. 67 % Feb. 23 75 Jan. 08O Jan. 83 68.1944 19 29 Jan. Feb. 87 55 13 86% Jan. 7% Mar. 2 Green Mountain Pow 5s.1948 Ground Gripper Shoe Mar. 31 65 15% Mar. 19% Jan. 22 Guardian Investors Corp— 19,000 171,000 82,000 61,000 15,000 5s ser A th warr. 1948 31,000 574,000 Gulf Oil of Pa deb 5a. ...1937 513,000 Sinking fund deb 5a—1947 1*56 169,000 Gulf States Util 5a 46,000 4%s series B__ 1961 6,000 117,000 5,000 1,000 92,000 241,000 28,000 60,000 23,000 63,000 150,000 56,000 16,000 49,000 250,000 16,000 1,000 139,000 344,000 121,000 215,000 60,000 129,000 317,000 87,000 43,000 6,000 44,000 20,000 3,000 Hamburg Elec Co 7a__ 1935 Hamburg El & Und Ry 5%s'38 Hanna (The M A)(Co 6a„1934 Havana Docks 7s 1937 94 Sale 92% Sale Sale Mar. 11 96 Mar. 14 82 Mar. 11 Mar. 4 Mar. 26 74 Mar. 14 Mar. " Sale 3 75 Mar. 1 71 33% Mar. 31 40 Mar. 10 30 90 33% Sale Mar. 1 91 Mar. 14 88 Jan. Jan. Feb. Mar. 22 99 Mar. 22 99 Mar. 55 Sale 47 8 55 Mar. 28 44 Sale 37% Mar. 2 36% Mar. 30 45 Mar. 28 39% Sale 38 Houston Lt 8c Pr 5a A...1953 92 Sale 91% Mar 85% 83% Sale Sale 83 6s 1978 1981 4%s series D 4%s series E 78 % Sale 779,000'lnd*polls P 8c L 5s 86 82% Mar. 1 60 Sale 73 Sale 80 % 87 % Sale Sale Sale 79 Sale 84% 74% Sale Sale 77 18 Mar. 99 Mar. 22 43% Jan. 34% Feb. 36% Mar. 55 Mar. 28 45 Mar. 28 50 Jan. 13 12 8 Feb. 51 Jan. 9 Mar. 11 89% Feb. 95 Jan. Jan. 86 Mar. 11 Mar. 10 77% Jan. Mar. 36 78 86 Mar. 10 1 63 Mar. 23 58 Feb. 63 Mar. 23 Mar. 28 33 Mar. 26 Mar. 48% Feb. Mar. 7 3 86 4 5 Mar. 23 44 Mar. 24 40% Mar. 14 Jan. 21 98% Feb. 20 101 99% Mar. 11 95% Feb. 23 37 Mar. 23 49% Jan. 14 Jan. 28 38 Mar. 24 46 97% Sale 62% Sale Mar. 22 96% Mar. 12 88% Feb. 15 96% Mar. 12 Mar. 87 85 Jan. 11 90 Sale Z2* 78 Sale Sale n I^ 78 9 99% Mar. 3 99% Mar. 11 4 Mar. Mar. 9 Mar. 31 97% Mar. 31 Mar. 31 73 Mar. 1 Mar. 30 79% Mar. 7 97% Mar. 31 5 59% Jan, 2 Mar. Mar. 28 67% Mar. 30 •s-79% Mar. 7 86 75% Mar. 10 85% Mar. 15 Feb. 23 97% Mar. 31 Feb. 29 Jan. 14 Mar. 30 88 Mar. 28 78 91% Jan. 8 Jan. 12 67% Mar. 30 83 85% Mar. 15 Sale Sale 85% Sale 82 Mar. 31 90 Sale 74% Sale 88 Mar. 14 75% Sale 74% Mar. 1 90 Mar. 95 Mar. 21 1 79% Mar. 5 64 Jan. 4 70 80 Jan. 9 90 Mar. Jan. 8 95 Mar. 21 55 Jan. 5 91 Sale 90 57% Jan. 5 79% Mar. 95% Jan. 15 6 70 Sale 67 5 67 Mar. 18 93% Sale 93% Mar. 1 98 Mar. 14 92 Jan. 15 91 Sale 91 1 93% Mar. 28 87 Feb. 2 63 48 A..1957 92 Sale % Sale Sale 89% Sale Mar. Mar. 91% Sale Mar. U 47% Mar. 26 63 Feb. 63 Mar. ll 47 Jan. 5 63 Mar. 92% Mar. 7; 82 Jan. 29 96 Jan. 9 88% Feb. 2 Mar. 9 90 Mar. Mar. 19 98 Mar. 19! 31 17% Sale 5% Sale 5% Sale Mar. 11 35 Mar. 5% Mar. 28 3j Mar. 29 15 4 5 ll 17% Mar. 3% Mar. 30 1949 Mar. 14 63 Mar. 90 Sale 5 Jan. 98 93% Mar. 28 89 98 30 % 1 71 47% Mar. 26 50 Mar. 28 Sale 63 Mar. 18 s71 B..1940 Deb 5s series A 2 Feb. Mar. 85 1955 With warrants Feb. 92 26 UH 1963 ser 7 12 44% 38 3,000 Indianapolis Water 4%s_1940 1,000; 1st lien & ref 5%s__'—.1953 38,000 Inland P & L 6a ser C 1957 Inxull Util Inv 6s Mar. 14 20 37 -.1950 ser 93 Mar. 11 96% Mar. 27" Sale' 26,000 Indiana Hydro-Elec 5a A.1958 1957 63,000 Indiana & Mich El 5a 1st & ref 5s 108,000 Indiana Service 5s 179,000 lat lien & ref 5a 7 96 58 Sale 59 111,000 Idaho Power Co 5s 104,000; Mar. 18 43% Mar. 4 43% Mar. 14 39% Mar. 11 99 82% Sale Smelt 6s_1935 Hungarian Ital Bank 7%s '63 Hud Bay Min & 352,000; 5s series C 1951 3,000;Indiana Gen Service 5s_.1948 73 99 30 Hydraulic Power of Niagara Falls 1st & ref 5s 1950 33,000 Ref & improvement 5s. 1951 68,000 150,000 Hygrade Food 6s ser A 1949 6s series B 1949 13,000 4,333,000; 254,000 96 Mar. 17 1936 5%s "19,666 1,325,000 118,000 Sale 90 Sale Sale 39% Sale 77% 75 93 93 77 70 73 94% Sale Houston Gulf Gaa 1947 44,000 Illinois Nor Utll 5s 1957 2,000 Illinois Power 5s A——1933 500,000 Illinois Pow 8c L 5 %s 1957 322,000 5%8 aeries "B" 1954 1,029,0001 6s series A -1953 1,169,000 5a series C 1956 140,000 Indep Oil Ac Gas deb 6a.-193<> 58,000 Indiana Elec Corp 6s A—1947 61,000' 6j^a series B— —.1953 7,000 78,000 78,000 315,000 2,000 1,000 15,000 Sale Sale Oct 15 1936 6%i--1943 1943 Hood Rubber 7a 44,000 13,000 2,000 178,000 57,000 232,000 289,000 62,000 52,000 53,000 178,000 31,000 94% 93% s26% Mar. 28 93% Mar. 17 Mar. 10 26 1 7 9 8 90 Mar. Mar. 19 98 Mar. 19 Mar. 11 36% Jan. 15 5% Mar. 28 5 Mar. 29 38% Jan. 14 98 31 27 Jan. 15 6 Jan. 25 Intercontinents Power Co— 2,000 100", 000 48,000 90,000 97,555 45,000 31,000 322,000 118,000 Deb 6s with warrants 1948 3,000 Deb 6s without warr 1948 169,000 Internal Pow Sec 6%8 B.1954 193,000 6V^s series C ...1955 202,000 7s aeries D ...1936 175,000 7s scries D stamped-—1936 287,000 7a aeries E 1957 199,000 7a series F 91 Mar. 1 95% Mar. 24 Sale 67% Mar. 1 72 399,000 Without 6a 6 Jan. 12 6 98 Jan. 29 2 8 78 Jan. 23 97 97 Feb. Feb. 4 4 87 Jan. 23 Mar. 9 93% Mar. 24 Jan. 75 Mar. 2 80% Mar. 28 70 Feb. 4 15 70% Sale 66 Mar. 8 71 Mar. 31 70 Mar. 29 74 Mar. 48% Sale 48% Mar. 31 50 Mar. 52% 62% 42% 47% Jan. Jan. Jan. Jan. 5 11 4 20 Sale 80 49% Sale" 7 8 71 Mar. 31 74 Mar. 51 Jan. 48 Feb.1 7 22 1936 101% Mar. warrants Debenture 12 Jan. 63% Jan. 80% Jan. Mar. 14 Interstate Iron 8c St'l 5%s '46 Interstate Power 5s Jan. 90 78 75% Sale Internet Securities 5a.-.1947 InterstateNat Gas 60 33,000 1,026,000 12 85 Sale 1951 . 18,000 326,000 145,000 Sale 67% 2% Jan. 6 91 63 % 1952 58,000, International Salt 5s 1,115,000 2,000 3 Mar. 64% Sale 49 Sale Sale Sale 64 1952 48 1,000 114,000 53,000 8,000 Interstate Public Service 17,000 6%s series B-.-.1949 409,000 5s series D .1956 352,000 4%«— 1958 17,000 Interstate Telep 5a A—-1961 20,000 invest Co of Amer 5s A 1547 63,000 Without warrants...... 181,000 Iowa-Nebraska L&P 5a..1957 19o,000 5s Series B 1961 86,000 Iowa Pow & Lt 4%» A...1958 43,000 Iowa Pub Serv 5a_.......1957 1,000 5 Ha 1959 44,000 Iowa Ry & Light 5s ..1932 2,000 1st & ref 5s A 1945 247,000 (sarco Hydro-El 7a 1952 92,000 Isotta Franchlnl 7a 1942 46,000 Without warrants 171,000 606,000 2 101% Mar. 28 69% Mar. 9 Sale 62 Mar. 31 43% Sale 42 Mar. 30 90 1957 Mar. 14 Sale 74 Mar. 65%'Sale 65 51 Mar. 28 63 51 Mar. 10 101% Jan. 7 101% Mar. 28 42 Jan. 11 Mar. 30 85 Feb. 62 9 69% Mar. 26 51 Jan. 95 Mar. 18 _ 15,000 186,000 156,000 9,000 7,000 16,000 57,000 42,000 50,000 24,000 38", 656 Italian Superpower 6a 17,000 1,000 76,000 308,000 48,000 64% 64% Sale Sale 75 Sale 71% Sale 76 1 95 Mar. 18 78% Mar. 14 64 Jan. 79 Feb. 25 Mar. 2 Mar. 12 61 Feb. 75 Feb. 29 Mar. 23 75 61 51 Mar. 65 Jan. 28 Feb. 18 7 65 67 Mar. 23 60 Jan. 67 Sale 65 Mar. 14 57% Mar. 18 59 Feb. 67% Mar. 19 76 72% Sale Mar. 28 65 Sale 75% Mar. 30 72% Mar. 17 7/% Mar. 16 77% Mar. 9 78% Mar. 11 69 Mar. 23 75 98 Mar. 99% Mar. 12 82% Mar. 12 55% Mar 2 76% Sale 71 82% Sale Sale "98% Sale' 7 82% Mar. 12 "53% Sale" 80 Mar. 5 Mar. 7 Mar. 21 Mar. 2 49 Mar. 23 45 Sale 52 45 55% Mar. 2 46 Mar. 27 38 _ Sale 30 Sale Mar. Fod. 13 19 Feb. 1 s84 Jan. 2 99% Mar. 12 34% Feb. 23 82% Mar. Jan. 60 49 Mar. 23 48 Feb. 49 Jan. 14 19 Mar. 1 27 Mar. 29 42% Jan. 16 65 Mar. 2 56 Jan. 66 Feb. 18 5 93 Feo. 4 95% Jan. 22 7 88% Jan. 77% Jan. 28 29 99 Jan. 20 86% Jan. 9 98 12 101 94 93% 83% Sale Mar. 5 94 Mar. 93 Mar. 30 96 Mar.; Sale 81 Mar. 28 85% Mar. Sale 99 Mar. 25 101 Sale 83% Sale 82% 100 5a certifs of deposlt-..1945 7,000 170,000 39,000 Larutan Gas Corp 6%8—1935 646,000 Lehigh Pow Secur 6s 2026 38% Mar. 70 7 Mar. 31 7,000 8,000 64,000 120,000 10,000 91 Mar. Mar. Mar. Mar. 94 Mar. 84 Mar. 13,000 9,000 189,000 12,000 26,000 136,000 159,000 35,000 6,000 43,000 6,000 443,000 75,000 245,000 3 Mar. 26 3 95 Mar. 1937 87 Mar. 10 90 2022 80% Mar. 29 88 Mar. 21 Mar. 2 Kansas Power 5s A 1947 80 Mar. 29 86% Mar. 11 Kansas Pow 8c Lt 5a B 1957 78 Mar. 82 n98 1942 93% Mar . Sale 81 78% Sale 82 Sale Sale 96 Jan. 90 Mar. 21 90 Jan. 87% Jan. 16 18 Jan. 14 79% Feb. 26 99 Mar. 31 75 15 84 Jan. 18 Feb. 90 Mar. 5 85% Mar. 30 95 Jan. 19 64 Mar. 29 76 Mar. 2 64 Mar. 29 82 Jan. 18 67 Sale 67 Mar. 31 Jan. 14 Mar. 10 Mar. 31 Mar. 10 82 88 2 4 67 Sale 76% Mar. 93% Mar. 96% Jan. 20 76 75 Sale Mar. 30 83 4 76 Mar. 30 Jan. 28 84 Jan. 22 56 Mar. 21 Mar. 15 Mar. 7 1955 Mar. Sale 1 56 Mar. 21 Mar. 11 86 Mar. lo 81 Jan. 13 86 80% Mar. 31 88 Mar. 7 64 Jan. 4 88 82 Mar. 31 90% Mar. 9 70% Jan. 6 90% Mar. Mar. 3 95 Mar. 23 90 Feb. 6 95 Jan. 87% Mar. 54% 5 92 Mar. 10 87% Feb. 24 93 Jan. 9 39% Mar. 10 32 Feb. 1 42 Jan. 23 83 Mar. 9 70 Feb. 6 83 Mar. 51 Mar. 16 50 Feb. 51 Mar. 16 liH 66 Mar. 12 54% Mar. 54% Sale 84 1943 Sale 83 Sale 83% Sale Koppers Gaa 8c C deb 5s. 1947 1950 1945 25 Mar. 10 80% Mar. 29 87 89 1948 8..1955 Mar. 26 85% Mar. 30 1961 6% 8 aeries D.. 5%8 series F 2 4 Jan. 16 65% Sale 1955 .1969 5a Deb 5 Ks 69 s84 92 13 Jan. 80% Jan. 82% Jan. 39% Jan. 38% Jan. Kansas Gas 8c Elec 6a Kresge (S S) Co 5s 79 2 . Kansas El Pow 6s A Klmberly Clark 5s A Jan. 72 77% Mar. 38 42,000 9,000 32,000 72,000 55,000 47,000 162,000 142,000 63,000 20,000 61,000 4o,000 615,000 397,000 98,000 63,000 Keystone Telep Co 5 Jan. Mar. 29 18,000 9,000 9,000 29,000 20,000 22,000 98,000 35,000 32,000 9,000 12,000 11,000 263,000 190,000 27,000 28,000 6a series A 80 58% Mar. 28 36% Sale 32,000 Jacksonville Gas 5a 1942 12,000 Jamaica Wat Sup 5%s A.1955 205,000 Jersey Cent P & L 5s B...1947 1,142,000 4Hs series C 1961 111,000 Jones & Laughlin Steel 5s '39 Kentucky Utilities 5s 72% Jan. 1963 Without warrants Kansas City Gaa 6s : 82 Sale 81 94 76% 91 Sale 70% Sale Sale , 9 11 9 Leonard Tletz Inc 7%a_.1946 6,000 144,000 66,000 Without warrants Lexington Util 5s 50 1952 Llbby McNeill 8c Libby 5a 1942 ties Long Island Ltg 6a 91% Sale 1945 Conv deb 5%s A 1952 Los Angeles Gas 8c Elec 5a 61 5^s series 1 1949 Louisiana Pow 8c Lt 5a...1957 Manitoba Power 5 Ho 1951 Mansfield Mln 8c Sm (Germ) pa^e 54 71" Sale' Lone Star Gas Corp 5a...1942 7a with warrants 4,000 1941 7a without warranto... 1941 3,000 481,000 Mass Gaa Co 5%a 1946 5«. 1955 273,000 I'u- footnotes 50 72 75 Sale 87% Sale" 50 Sale 94% Sale 99% Sale 85% Sale Mar. 12 78 Jan. 81 Mar. 12 77 Feb. 93% Mar. 19 Mar. 15 88 Feb. 99 Jan. Mar. 94% Mar. Feb. 70% Jan. 93% Mar. 19 84 Mar. 85 96 Mar. 96 99% Mar. 85% Mar. 9 Mar. 14 100% Mar. 22 93 Mar. 61 Mar. 14 8 91% Feb. 99% Mar. 79% Jan. 28 13 9 Mar. 14 400% Mar. 22 55 95% Sale 85 Sale 90 Sale Sale 55 Mar. 2 93 Mar. \ Jan. 4 61 Jan. Feb. 16 14 Feb. 24 33 30 Jan. 29 Sale 40 29 87% Jan. 14 97% Jan. 12 89% Mar. 31 96% Mar. 4 86% Jan. 83 90 3 82 Mar. 20l Mar. Feb. 11 90 Mar. 11 3 NEW 52 YORK EXCHANGE CURB PRICES IN AGGREGATE SALES RANCE SINCE JAN. 1. MARCH. Price NEW YORK CURT* EXCHANGE _ Since Jan. 2 Ask, 1949 65,000 Mass Utll Assoc 5s A 3,000 McCallum Hosiery 6H»--1941 1943 29,000 McCord Rad A Mfe6 s 63,000 Melbourne El Supp 734 s A '46 90,000 Memphis P & L 5s ser A..1948 114,000 Met Edison 4s series E—1971 1,000 Mich Assoc Tel 5s A„_ -.1961 3,000 Michigan Pub Serv 5s A..1947 38,000 Middle Sts Petrol 6'-$B A. 1945 2,537,000 Middle West Utll 5% notes *32 Conv 5% notes ....1933 1,958,000 Conv 5% notes..... 1934 1,772,000 Cony 5% notes 1935 1,794,000 79,000 Milwaukee G L 434®-~---1967 224,000 Minneapolis Gas Lt 4)^8.1950 197H 79,000 Minn Pow & Lt 4 >48 1st & ref 5s -—1955 29,000 63,000 Mississippi Pow 5a..—..1955 376,000 81,000 20,000 194,000 Miss Power & Light 5s...1957 March 1. Bid Ask 81X 1951 Power 5s 8134 Mar. 26 Ask 83 Mar. 15 Mar. 22 19 Mar. 24 Mar. 24 7734 Mar. Sale Highest. Prices Sale Prices. 3 8134 Mar. 26 90 Jan. 7 42 Jan. 7 42 14 Mar. 22 28 Jan. Jan. 7 60 Feb. 4 7834 Jan. 15 4 7 3 95 Mar. 15 92 Jan. 96 Jan. 14 7734 Mar. 12 80 Mar. 73 Jan. 80 72 Jan. 72 Jan. Jan. 26 68 Jan. 68 9334 Mar. 68 30 Sale 3134 2934 Mar. 16 33 Mar. 7 2934 Mar. Sale Mar. 18 57 Mar. 1 29 Mar. 2134 Sale Mar. 26 8 9 9 Mar. Mar. 26 3534 Mar. 3534 Mar. 3534 Mar. 19 Sale Sale Sale Sale 19 Mar. Jan. 36 Feb. 8934 Jan. r69 Jan. 65 Jan. 17 Mar. Sale 57 Sale 48 Sale 35X Sale 31X Sale 48 Sale 32 bOX Sale Sale '73% Sale" Mar. 24 89 Feb. 38 2234 2234 9434 7534 Sale 86 Sale 77 Sale 75 69 Sale Sale Mar. 28 Mar. 3 Mar. 24 7534 Mar. 16 8534 Mar. 4 7334 Mar. 3 77 1 Mar. 31 Mar. 31 Mar. 96 7634 Mar. 7934 Mar. 90 8 2 Sale 67 7834 Jan. Sale 14 14 26 74 Jan. 7934 Feb. 27 Mar. 14 84 Jan. 90 7734 Mar. 23 7734 Nar. 23 61 Jan. 8234 Mar. 10 65 Jan. 90 Mar. 17 84 Mar. 15 Mar. 14 8234 Mar. 10 79 5 Mar. 31 90 Mar. 17 73 Jan. 19 84 Mar. 15 Sale Sale 79 75 9334 Sale 9134 Mar. 28 9734 Mar. 9 90 Feb. 4 72 Sale 9534 2 20 18 14 Mar. 24 96 6634 Jan. 79 75 98 X 4 6234 Jan. Sale 65 76 5 Sale Without wrrrants Miss River Highest. Sale Prices. March 31. Bid. Sale 1944 Miss River Fuel 6s Lowest. Lowest. 73 Bid. (Continued) BONDS Sale Prices. 14 1932. Jan. 1. Sale Sale 70 87 Mar. 28 Mar. 2 8034 Mar. 5 15 9834 Jan. 2 8034 Mar. 5 Monongahela West Penn Pub 155,000 420,000 70,000 Service 5%» B 1953 8734 Mar. 21 5s series 87% Sale" 8834 1970 B 8734 Mar. 21 5134 Mar. Montreal LH4P 5s "A". 1951 6534 Feb. 8234 Feb. 8134 Feb. 65 Mar. 16 4934 Feb. 93 Mar. 12 2 93 8 8734 Mar. 21 Mar. 12 Morris Plan Shares Corp— Munson 29,000 18 65 634 Mar. 31 634 Mar. 31 5 Jan. 2 14 Jan. 93 Mar. 29 93 Jan. 28 21 Mar. 29 9834 Mar. 10 3334 Mar. " 21 Mar. 29 30 6s A without warrants 1947 38,000 Mar. 17 32 25 Jan. 9834 4634 3434 8434 Mar. 10 Jan. 15 Jan. 2 Mar. 9 7 Mar. 16 Steamship Line with 1937 warr 399,000 Narragansett ElecGo 5a.. 1957 1978 840,000 National Elec. Pow 5s 30,000 National Food Prod 6s.. 1944 2026 522,000 Nat Pow Ac Lt 6s4,A" Deb 58 series B 2030 978,000 1978 1,804,000 Nat Pub Serv 5s 5 634 Sale Sale 96 Sale 36 ooys Sale oaie 34 J4 78 Sale 68 X Sale 67 36 Sale 39% Sale 25 Sale 7434 Mar. 31 6134 Mar. 31 2234 Mar. 29 93% 90 Sale 76 90 91 Sale Sale Sale 9334 Sale 2334 Sale Sale 93% 33% 7434 Sale 6234 Sale Sale Mar. 8434 Mar. 7134 Mar. 3934 Mar. 13 7334 Feb. 13 6134 Mar. 31 22X Mar. 29 21 72 ^Jan. 9 45 Jan. 14 National Tea Co—■ 94,000 5% gold notes May 1 1935 2022 78,000 Nebraska Power 6s 4%s -.1981 131,000 79,000 Neisner Bros Realty 6s..1948 1956 507,000 Nevada Calif Elec 5s 619,000 New Eng G & Elec Assn 5sl947 5s. 1948 364,000 Conv deb 5s 1950 1,038,000 1,020,000 New Engl Pow Assn 5s...1948 Deb 5Ha 1954 951,000 246,000 New Orleans Pub Serv 434s '35 2,781,000 New York Edison 5s C N Y A 92 X Sale Sale Mar. 78 Mar. 8 69 Jan. 78 Mar. Mar. 98 Mar. 5 88 Feb. 98 Mar. 8934 Mar. 94 Mar. 14 88 Feo. 94 Mar. 14 Mar. 31 Mar. 28 23 Mar. 6634 Mar. 52 34 Mar 75 Mar. 61 Mar. 10 6634 Mar. 5234 Mar. Mar. Mar. 62 Mar. 8 56 Mar. 6134 Mar. 11 53 Mar. Mar. Mar. Mar. 14 57 Mar. Mar. 12 59 Mar. 23 72 X 59 X Sale Sale 75 Sale 60 Sale 6634 5234 Sale Sale . 56 59 Sale 60 X 60 Sale o vyx 5934 Sale Sale 75 Sale 1951 5334 Sale 58 Sale 57 59 " 6\X 72 Sale 99 X 6134 Sale 53 Sale s59% 8734 Sale Sale Sale 6034 Sale 7534 Sale 10034 Sale 65 67 Mar. 7134 Mar. 9934 Mar. 3 9 Mar. 21 97 Mar. 17 42 11 77 Jan. 27 Jan. 9 68 Jan. 9 6534 Jan. 9 Jan. 15 Jan. 11 9 70 8034 Mar. Jan. 60 5 Jan. 7034 -Tan. 103 8 Jan. 103 Mar. 21 Foreign Invest 95,000 5fi« A with warr ants.. 1948 2,057,000 N Y P fk L Corp 1st 44«__1967 1980 3,000 N Y State E & G 434s 1956 120,000 N Y Steam Corp 5s 5,000 N Y & Westchester Ltg 5s '54 4s ..2004 42,000 323,000 Niagara Falls Power 6s.. 1950 5s series A 1959 44,000 415,000 Nippon Elec Pow 6Hs—1953 2,000 Nor Amer L & P 5% notes '33 Serial 5% notes 7,000 1934 Serial 5% notes 11,000 1935 Serial 5% notes 14,000 1936 A .1948 160,000 Nor Cont Utll 5 1,000 534s series A reg 1948 56,000 Nor Ind Pub Serv 5s..—1966 5s series D I960 33,000 115,000 4H* E 1970 1951 435,000 Nor Ohio P & L 534s 91,000 Nor Ohio Trac & Lt 5s...1956 101X Sale 99 X Sale s 102% 60 Sale 8734 Sale 8034 Sale 60 Feb. 15 8934 Mar. 10 8134 Jan. 90 Jan. 14 8234 Mar. 30 9434 Mar. 19 80 34 Mar. 8234 Mar. 30 9434 Mar. 19 Mar. 7 98 Mar. 14 97 Mar. 82 Sale 8634 Mar. 1 8034 Mar. 31 9434 Mar. 18 97 84 X Mar. 7 84 Mar. 16 82 Mar. 57 Mar. 31 Mar. 22 S10234 Mar. 1 105 97 Mar. 7 9934 Marl 16 Sale 9434 Mar. 98 10134 Jan. 97 Mar. 14 84 Mar. 16 105 Mar. 22 10034 Jan. Mar. Sale 6 23 Mar. 26 58 Mar. 3 45 Feb. 59 Feb. 88 5334 45 Mar. 22 88 Mar. 22 88 Mar. 88 Mar. 22 7534 Mar. 22 78 Mar. 7434 Feb. 6034 Feb. 7734 Sale 74 36 Sale 37?4 Sale Mar. 22 3534 Mar. s32 Mar. 92 Sale 92 Sale 94 Sale 7434 Mar. 22 Fob. 8 35 Mar. 2 s32 Mar. 3 81 ... 78 Jan. Mar. 9 7234 Mar. 29 9134 Mar. 1 8734 Mar. 29 4 Feb. 65 40 4 4 67 2 s32 8034 Mar. Mar. 4 7434 Mar. 22 Mar. 40 Mar. 2 s32 Mar. 20 8334 Mar. 10 8234 Mar. 11 7834 Mar. 4 7234 Mar. 29 11074 8034 Mar. 81 Mar. 9 3 mar. IU 88 Feb. 9 89J4 Mar. 9 79 Jan. 6 8 2 8734 Jan. 13 Jan. 12 88 8134 Jan. 9 9634 Mar. 10 8934 Mar. 9 Nor States Power 126,000 1,162,000 5 H % notes. .—..1940 1961 _ 4Hs 8934 Sale 83 X Sale 8534 Sale 85 Sale 8634 Mar. 2 8434 Mar. 31 92 Mar. 23 91 Mar. 10 8234 Feb. 11 8134 Jan. 30 92 Mar. 23 91 Mar. 10 Mar. North Texa a Utilities— 22,000 82,000 349,000 171,000 505,000 Without Northwest Pow 6s A 1960 Ohio Edison Co 5s 1960 93 X Sale Ohio Power 5s series B—1952 95 87 X Sale 85 X Sale 8234 Pacific Gaa Ac El 1st 4 34a. 1957 1st & ref 6s B 1941 1952 1960 1st A ref 5 34s C F Pacific Investing 5s A 164,000 114,000 441,000 4,000 1,000 62,000 28,000 26,000 297,000 118,000 12,000 Sale 9334 Sale Sale 8634 Sale' 82" Sale" 91 75 Jan. 12 85 35 Jan. 23 4334 Mar. 10 9434 Mar. 8634 Jan. 27 Feb. 10 Mar. 1 9234 Mar. Sale 3 95 Mar. 1 8834 Mar. 84 7 7 34 Mar. 30 80 34 Mar. 28 Mar. 90 87 Mar. 7934 Jan. 30 7734 Mar. 30 7634 Jan. 29 50 Mar. 50 85 Mar. Mar. 4 5034 Mar. 2 5834 Mar. Mar. 1 9234 Mar. 12 50 87 102 X 10034 Sale Sale 88 Sale 52 X Sale 10334 10034 8734 Sale Sale Sale Sale 8934 Sale 10434 Sale 10134 Sale 87 10334 Mar. 10034 Mar. 8734 Mar. Jan. 11 4834 Feb. 29 1 10534 Mar. 23 10234 Mar. 22 9234 Mar. 11 l 95 Jan. 8 96 Jan. 12 8834 Mar. 11 8834 Jan. 8734 Jan. 50 Jan. 5834 Mar. 9234 1 10534 10134 Feb. 9734 Jan. 30 10234 85 Jan. 28 9234 8534 Jan. 3 28 Mar. Jan. Mar. Mar. 7 4 11 8 12 13 22 11 8434 Sale 5734 Sale 67 77 Sale Sale 6334 Sale 1 Mar. 16 8434 Mar. 1 7134 Mar. 9 4 50 64 34 Mar. 5 77 Mar. 28 s5634 Mar. 50 74 Sale 7534 Sale 7534 Sale Mar. 75 81 Mar. 14 Mar. 30 67 Mar. 4 67 Mar. 16 Jan. 6 85 Feb. 5134 Jan. 4 7134 Mar. Jan. 26 7234 Feb. 2 7934 Jan. 56 Jan. 72 50 6 60 Feb. 29 9 23 9 7834 Mar. 10 8434 Mar. 21 78 Feb. 4 86 Jan. 25 68 Jan. 16 25 Jan. 76 Feb/13 76 16 Mar. 14 8434 Mar. 10 79 Mar. 15 Dock A Warehouse Co ..1949 6s with warrants 6,000 116,000 9134 84 Mar. 24 85' Mar. 3 4334 Mar. 10 1948 Without warrants 75,000 485,000 Pacific Power A Light 5s_1955 956,000 Pacific Western Oil 634s.1943 1936 23,000 Park A Tllford 6s 342,000 Penn Cent Lt & Pow 434 s 1977 5s 1979 .35,000 Penn Sale 1954 436,000 Oklahoma Gas & El 5s—1950 16,000 Osgood Co 6s with warr. 1938 26,000 Oswego Falls Co 6s ..1941 1st & ref 4H« 4134 Mar. 26 36 Sale 1956 434" series D 61,000 Ohio Pub Serv 5s D 411,000 345,000 807,000 955,000 81 warrants...... Penn Electric 4s series F.1971 Penn-Ohio Edison 6a. Without warrants.'. 7434 Sale 7434 Mar. 75 Sale 75 Mar. 73 Mar. 3 Mar. 14 1950 8034 Sale 79 1959 5%a series B Penn-Ohlo P A L 534s A. 1954 Penn Pub Serv 6s C 93 X Sale 95 Sale Sale 1947 9734 Sale 9334 Sale 8434 Mar. 10 79 Mar. 1 10034 Mar. 11 9434 Mar. 92 Mar. 9434 Mar. 16 1954 5s series D Penn Telep Corp 5s C Penn Water & Pow 7434 Feb. 7134 Feb. 9034 Feb. 92 Mar. 85 lty> Mar. 90 Sale 90 Mar. 93 90 Sale 87 Mar. 8634 Jan. 6434 Mar. 9034 Mar. 28 6634 Mar. 17 79 82 76 Jan. 134 Mar. Penn Water Serv 5s A...1967 Peoples Gas Lt & Coke 4s B'81 Peoples Lt At Pow 5s Phlla Electric Co 5s Sale 8034 334 Sale Sale 10334 79 X 1979 Sale 1966 846,000 Phlla Elec Power 5 >4* 1972 44,000 Phlla Rapid Transit 6s..1962 Mar. 134 Mar. 104 Sale 7 Mar. 21 334 Mar. 1 10234 Mar. 23 10134 Mar. 10334 Mar. 59 Mar. 105 Mar. Mar. 29 Feb. 26 25 IP Mar. 28 70 Feb. 82 Jan. 60 Mar. 16 Jan. Feb. 90 1960 434s--1968 1 10034 Mar. 11 Mar. 21 6 Jan. 13 20 10234 Mar. 23 105 10134 Mar. 9934 Jan. Mar. 29 6834 Jan. 23 5 9634 Jan. 8 8 6334 Mar. 8 6434 Feb. 25 90 Jan. 13 85 Jan. 12 70 Mar. 8 62 Mar. 2 55 Jan. 94 34 Mar. 24 96 Mar. 2 94 Jan. 58 6334 Mar. 8 5134 Jan. 6034 Mar. 28 64 2 7 7 34 Mar. 22 79 Mar. 1 8034 Mar. 15 7734 Mar. 22 81 Mar. 10 79 6234 Mar. 26 70 Mar. 60 91 Phlla Suburb Cos GAB 65,000 143,000 23,000 73,000 65,000 40,000 4,000 130,000 42,000 1st A refunding 4 34s. 1957 Piedmont Hydro-Electric Co 5834 Sale 1960 634s class A Piedmont A Northern 5s.1954 Pittsburgh Coal 6s 1949 Pittsburgh Steel 6s 1948 A foor Co 6s 81X Sale 80 Sale 79 Sale 88 X 8334 Sale 1939 Portland Gas & Coke 5s. 1940 Potomac Edison 5s 434 s series ser E.1956 F Sale Mar. 8 4,000 Potrero Sugar 1st 7s 1947 13,000 Power Corp of Can 5s A..1957 54,000 434 s series B 1959 534 Sale Mar. 9 9234 Mar. 16 8334 Mar. 7634 Mar. 1961 50,000 Power Corp of N Y 534S—1947 273,000 Procter A Gamble 4348..1947 229,000 Prussian Elec 6s .1954 7,000 Pub Serv of N H 434s B..1957 Mar. 29 1 90 Mar. 3 81 Mar. 15 534 Mar. 534 Mar. 31 58 98 Sale 9834 Sale Sale 22 Sale Mar. 63 52 2934 9 Mar. 60 6434 9634 2034 8434 Mar. Mar. Mar. Mar. 72 10434 Mar. 1 107 Mar. 14 Mar. 10 Mar. 15 9834 Mar. 24 30 Mar. 2 8434 Mar. 30 60 91 ' Feb. 9 Feb. 11 Jan. 6 Mar. 9 Jan. 28 7534 Feb. 27 82 9234 Mar. 16 90 Mar. 9 81 Mar. 15 Jan. 14 534 Mar. 31 10 Mar. 21 63 Mar. 14 60 Jan. 22 6234 Fob. 16 72 9634 Feb. 10 100 31 5 1934 Jan: Mar. 10 58 50 8434 Mar. 30 85 Mar. 15 Jan. 9 Feb. 16 Jan. 28 Pub Service Co of N J— 100,000 Fat footnote* 6% perpetual certificates.. *ae page 54. 10434 Sale L_ Mar. 7 10034 Feb. 5 107 Mar. 7 NEW YORK PRICES AGGREGATE SALES. NEW YORK In March. Jan. 2 Jan. 1. 1,000 27,000 73,000 207,000 36,000 1,000 220,000 65,000 237,000 10,000 5,000 1932. .Bid. Ask. BONDS (Continued) $ 4,000 Pub Serv of Nor Ills 5s C.1966 58,000 4%e series D 1978 78 3* Sale 4^9 series E__ 1980 217,000 7824 Sale 4%b series P 1981 654,000 75 Sale 106,000 Pub Serv of Okla 5s D...1957 15,000 Pub Serv Subsld 5%b A..1949 524,000 Puget Sound P 8c L *%a. 1949 5s series C ..>.1950 229,000 69 % Sale 575,000 4h* series D 1950 _ 2,000 221,000 Rochester Cent Fow 5s A 1V53 1953 311,000 Ruhr Gas Co (t%a 87,000 Ruhr Housing 6^« A....1958 63,000 Ryerson (Jos T) 8c Sons *sl943 84,000 122,000 137,000 83,000 37,000 928,000 Safe Harbor Water Pr 4%e *79 2,000 Salmon River Power 5s.. 1952 18,000 53,000 113,000 11,000 336,000 200,000 260,000 419,000 29,000 7,000 37,000 5.000 317,000 389,000 60,000 62,000 142,000 116,000 14,000 9,000 26,000 10,000 201,000 36,000 1,000 693* Mar. 31 Mar. 16 50 77 77 Mar. 28 Mar. 31 763* Sale 76 Mar. 30 76 76 Mar. 31 Sale Sale 823* Mar. 31 823* Mar. 30 723* Sale 723* Mar. 30 Sale 743* 69 3* 68 68 Sale 22 823* Jan. 793* Jan. 16 19 50 813* Mar. 8 773* Mar. 9 73 Mar. 10 Feb. 25 803* Feb. 11 823* Mar. 30 67 66 11 75 Jan. Jan. 13 106 Mar. 26 106 s673* Mar. Feb. 65 Mar. 73 Jan. Mar, Mar. 2 65 Jan. 11 81 Mar. 1 113* Feb. 10 Jan. Sale 14 Mar. 14 Mar. 31 14 25 14 '33% Sale" Sale 30 Sale 30 Mar. Sale 213* Mar. 213* Mar. 393* Mar. 10 313* Mar. 11 27 Mar. 8 Mar. 7 Mar. 31 23 213* Sale Sale 75 92 Sale Sale 76% Sale Mar. 80 15 91 Mar. 31 193* Mar. 17 Mar. 29 94 Mar. 76 15 Sale 19 25 16 16 Mar. 16 22 16 20 65 81 123* Mar. 14 Sale Sale 76 2154 1 Mar. 143* Sale Sale s673* 9 Jan. Feb. 11 Feb. 9 713* Feb. 75 Mar. 9 Jan. 84 7 Mar. 26 100 8 Jan. 813* Mar. Mar. 16 83 Mar. 30 4 883* Jan. 2 2 26 30 Mar. 31 Mar. 29 40 20 Jan. 2 35 Mar. 31 Jan. 14 Jan. 9 213* Mar. 31 75 Mar. 29 27 Feb. 15 843* Jan. 7 15 94 Jan. 14 Mar. 8 913* Sale 8 893* Feb. 17 95 90H Sale Feb; 11 95 Feb. 70 Jan. Jan. 7 5 83 Mar. 30 963* Mar. 28 993* Mar. 5 88 313* Mar. 22 353* Mar. 24 413* Mar. 4 Mar. 8 253* Jan. 5 353* Mar. 24 35 413* Mar. 4 703* Mar. 19 743* Mar. 3 11 993* Feb. 13 Public Works— 25 3* Sale Southern Calif Edison 5s 1951 Refunding mtge 5s....1952 Ref Mtge 5s 279,000 ..1954 337,000 Southern Calif Gas 5s... 1937 5b.....;.......... 1957 18,000 12,000 5%e Series B ....1952 1st & ref 4H« 161,000 1961 Southern Gas Co 6 Via 1935 Without warr 30,000 1944 536,000 Southern Nat Gas 6s Without privilege 82,000 343* Sale Sale 65 67 Sale 663* Mar. 30 653* Mar. 31 67 Sale 67 40 Mar. 30 76 76 Mar. 12 Mar. 10 773* Mar. 31 643* Mar. 31 60 70% 60 773* Sale 643* -Sale 86 Mar. 14 75 Mar. 10 Mar. 1 70 Mar. 313* Mar. Sale Sale Sale 81 2 35 Mar. 23 8 6 443* Feb. 40 Jan. 42 Mar. 26 35 Feb. 9 13 633* Jan. 703* Mar. 19 65 75 6 Jan. 7 653* Mar. 31 67 Mar, 30 74 Jan. 7 643* Mar. 31 55 Feb. 18 283* Feb. 16 Mar. 12 Mar. 10 Mar. 14 Mar. 10 7 Jan. Mar. 23 Jan. 26 303* Sale 77 Sale 98 Sale 97 3* 80% Sale 97M Sale 100% Sale Jan. 11 Sale 30 Mar. 33 Mar. 4 24 Jan. 40 38 Jan. 30 Jan. 15 67 24 Sale 67 Mar. 70 Mar. 8 70 Mar. 8 75 96 Sale 743* Mar. Mar. 9 85 Mar. 9 Sale 96 85 99 Jan. 703* Feb. Feb. 99 Mar. 10 Sale Sale 97 863* Sale s953* Sale 873* Sale 1003* 953* $953* 863* Mar. Mar. 10 1023* Mar. 14 Mar. 50 94 99 Mar. Mar. 10 983* 883* Mar. Mar. Mar. 11 93 Mar. 10 83 84 863* Mar. 12 91 Mar. 22 Mar. 97 Mar. 26 81 Mar. 863* Mar. 12 77 Mar. 803* Mar. 29 68 37 353* Mar. 16 363* Mar. 17 43 Mar. 12 26 41 Mar. 11 27 52 52 Mar. 7 52 91 36 Sale Sale 1961 Mar. 3 7 Jan. Feb. 6 4 Jan. 27 Mar. 7 Mar. 22 97 Jan. 933* Feb. 753* Feb. Mar. Mar. 10 983* Mar. 11 883* Mar. 10 823* Sale 96 81 Sale 99 Mar. 14 Jan. Feb. , 95 89 29 3* 1023* 983* Feb. 933* Feb. Sale Sale Sale 95 ..... 1,000 So'west Assoc Tel 5s A Mar. 26 Mar. 4 66 1939 General 5s Sale 39 40% Sale 6s without warrants...1935 175,000 Scrlpps (K W) Co 5J4S...1943 .....1948 41,000 Serve] Inc 5s 693,000 Shawlntgan W 8c P 4HS..1967 307,000 4%n series B_. .....1968 5s series C 1970 617,000 4^s series D 1970 938,000 42,000 Sheffield Steel 5**• 1948 13,000 Sheridan Wyo Coal 6s...1947 Silica Gel Corp 6%% notes with warrants ..1932 23,000 126,000 Snider Pack 6% notes...1932 13,000 Sou Carolina Power 5s_.1957 2025 1,512,000 Southeast P 8c L 6s 864,000 66,000 237,000 Mar. 30 Mar. 16 813* Mar. 8 773* Mar. 9 73 Mar. 10 Sale Sale 79 % 90 90 Jan. 8 Jan. 9 753* Feb. 15 753* Feb. 6 693* Mar. 31 48 Feb. 8 76 100 1958 Sauda Falls Co 5s—....1955 5% G notes ...1932 1,372,000 30,000 Schulte Real Est Co 6s...1935 101,000 3 75 ■San Ant Pub Serv 5s Saxon 776,000 693* Sale 50 80 Sale 77% Sale 76 Sale Mar. 76 Sale Prices. Prices. Sale 90 Mar. 3 813* Mar. 9 813* Mar. 15 813* Mar. 11 77 Mar. 3 90 *76*" Sale" Highest. Lowest. Highest. Sale Prices. 75 St Louis Gas 8c Coke 4s._1947 217,000 73" 666 Ask. Radio-Keith-Orpheum— Deb 6s part paid 1941 Deb 6s full paid ...1941 Reliance Management 5s. 1954 88,000 50,000 31,000 16,000 Lowest. Sale Prices. March 31. Ask. Bid. 823* Sale With warrants 100,000 58,000 Rem'ton Arms 5H% notes *33 432,000 Republic Gas Corp 6s A..1945 6s A ctfs of deposit....1945 2,000 22,000 12,000 85,000 March 1. Bid. 1968 2,000 Quebec Power 5s 21,000 Queens Boro G 8c E 53*8-1952 19,000 26,000 RANGE SINCE JAN. 1. IN MARCH. Price CURB EXCHANGE Since 53 EXCHANGE CURB Mar. 26 803* Mar. 29 43 Mar. 12 41 Mar. 11 52 Mar. 7 Southwestern Dairies— 70,000 25,000 86,000 71,000 37,000 282,000 289,000 144,000 97.000 81,000 15,000 236,000 29,000 141,000 186.000 41", 600 36,000 5,000 100,000 6,000 S3,000 97,000 133,000 433,000 55,000 *41",000 2,000 6h* with warr 1938 328,000 Southwestern G 8c E 5s..1957 67,000 Southwestern L 8t P 5s_.1957 179,000 Southwest Nat Gas 6s—1945 232,000 Southwestern P 8c L 6s__2022 95,000 Staley (A E) Mfg 6s .1942 70-1,000 Standard Gas 8c Elec 6s._1935 Conv 6s ............1935 807,000 440,000 6s.........i..... 1951 6s ..1966 354,000 1939 205,000 Standard Invest 5V$s 5f without warrants 1937 49,000 734,000 Stand Power 8c Lt 6»_.__1957 47,000 Standard Telep 5J*s A...1943 Stinnett (Hugo) Corp 7s Oct 1 '36 without warr. 337,000 7a 1946 without warrants. 593,000 1,000 Strawbridge 8c Clothier 5s *48 122,000 Sun Oil 5t*s 1939 70,000 5% notes 1934 5,000 Sun Pipe Line 5s 1940 278,000 Super Power of 111 43*«~1970 6 000 6s... 1968 99,000 3,000 79,000 41,000 274,000 89,000 179,000 6,000 44,000 2,411,000 40,000 202,000 39.000 199,000 Sale 623* Sale 78 Sale 30 . Sale Sale Sale 743* 653* Sale Sale 379,000 101,000 640,000 69 Mar. 31 5 157 Mar. 31 72 Jan. 1 19 Jan. 22 34 Mar. 783* Mar. 9 Mar. 31 81 Jan. Mar. 2 70 Jan. Sale 63 Mar. 31 Sale Sale 65 Mar. 24 70 9 '62* " Sale 62 Mar. 31 783* Mar. 10 62 Mar. 31 783* Mar. 10 74 Sale 653* Sale 65 Mar. 31 79 Mar. 10 65 Mar. 31 79 Mar. 10 58 Sale 55 Mar. 31 693* Mar. 10 55 Mar. 31 73 Jan. 14 56 Mar. 30 70 Mar. 11 56 Mar. 30 71 Jan. 14 593* Mar. 24 563* Mar. 30 52 Jan. 2 53 Jan. 29 Mar. 10 '67% 64 % Sale 64% Sale 533* Mar. Sale 52 Sale 2 54 Mar. 7 J an. 593* Mar. 24 563* Mar. 30 683* Jan. 14 Sale 61 % Sale 52 Mar. 31 68 52 Mar. 31 35 643* Mar. 24 493* Mar. 4 35 Mar. 24 51 Jan. 8 31 Mar. 3 25J* Jan. 12 31 Mar. 29 Sale 28 Sale 27 Mar. 26 Sale 233* Sale 22 Mar. 29 263* Mar. 5 22 Jan. 4 293* Jan. 3 7 67 Jan. 7 67 Jan. 7 Sale 86 Mar. 96 Mar. 10 86 Jan. 5 96 Mar. 10 Sale 893* Mar. 91 Mar. 86 Feb. 2 91 Mar. 89 Mar. 90 Mar. 89 Mar. 4 90 Mar. 63 Mar. 63 Mar. 30 72 Jan. 25 Sale 23% 89 Sale 93 % 91 87 Mar. 703* Mar. 873* Mar. 66 Mar. 72 95 Mar. Mar. 14 1003* Sale 943* Sale 913* Mar. 993* Mar. 943* Mar. 101 Mar. 16 883* Sale 883* Mar. 773* Mar. 69% Sale 70 Sale 70% Sale" Sale Sale 66 94 99% 89 Sale' Sale '773* Sale" Tenn Pub Serv 5s.......1970 6 2 87 Mar. 66 Mar. 31 84 Jan. 97 Feb. 55,000 13,000 64,000 134,000 32,000 271,000 57,000 163,000 25,000 23.000 2,000 3,000 1 923* Mar. 83 83 86 Mar. 19 573* 483* 853* 223* 913* Mar. 8 Mar. 17 Mar. 11 Mar. 9 Mar. 1 4 5 Jan. 13 973* Mar. 11 923* Mar. 26, 1,000 8,000 4,000 18.000 117,000 33,000 10,000 17,000 263,000 15,000 369,000 2,000 *4*656 without warrants. Texas Cities Gas 5s Texas Elec Service 5s 58 Sale 56 1948 1960 773* Sale 42 83 % '89*" Sale 20% Sale 913* Sale Sale 55 523* Mar* 29 433* Sale 42 Mar. Sale 77 Mar. 30 18 Mar. 30 79 833* Sale 1 823* Mar. 31 91 42 74 3* Sale Sale Sale 303* Sale Sale 22 Mar. 7 94 39 Mar. 7 43 Mar. 24 Mar. 2 873* Mar. 1 3* Mar. 24 Sale n43 87% Sale 2 1979 Tri Utilities Deb 5« Sale Sale Sale 1953 1944 412,000 Ulen Ac Co 6s. 65,000 Union Amer Invest 5s A.1948 Union Electric Lt Ac Pow (Mo) 5s series B 1967 74,000 615,000 Union Gulf Corp 5s 1950 7s_1956 Without warrants 280,000 383,000 United Indus 6^1 1Q41 1st 6s ; 1945 13,000 183,000 United Lt 8c Pow 6M>s 1974 Deb 6s ....1975 373,000 89,000 53^8 ....1959 938,000 United Lt 8t Rys 5%* 1952 6s series A 1952 173,000 5s 1932 358,000 Deb 6s series A.... 97 20 Mar. 22 52 36 763* Mar. 19 95 Sale 9134 22 Sale 92 92 Sale Sale '953* Sale Mar. 923* Mar. Jan. Feb. 9 9 Jan. 4 61 Feb. Feb. 26 24 97 Mar. 9 23* Mar. 7 733* Jan. 5 3* Mar. 24 343* Mar. 9 20 Mar. 18 963* Mar. 10 1 100 90 2 91 Jan. Jan. 7 8 61 62 3* 56 Sale 21 30 58 Sale Sale 543* 80 Sale 573* Sale '55" Sale' Mar. 24 43 Mar. Mar. 33* Jan. 343* Mar. 9 713* Feb. 19 Mar. 18 963* Mar. 10 Feb. 24 100 Jan. 29 65,000 Utah Power 8r Light 5s..1944 1952 369,000 Utica Gas & EI 5s E ..1940 10,000 Valspar Corp 6s ....1937 14,000 Valvollne Oil 7s 1948 4,000 Van Camp Packing 6s 65 Mar. 28 32 Jan. Mar. 30 Mar. 30 30 Mar. 30 Mar. 24 64 Mar. 56 Jan. 30 33 66 Jan. 15 15 Mar. 18 Mar. 31 Mar. 30 Sale 80 Sale 80 Sale 993* Sale 973s Mar. 163* Sale 1 543* Mar. 17 283* Sale 23 8 21 55 11 Feb. 7 3 Mar. 24 543* Mar. 29 40 2 9 21 33 97 % Sale 15 94 613* Mar. 273* Mar. 86 15 Feb. 923* Feb. 29 Mar. 30 Mar. 28 79 Sale Mar. 18 Mar. 24 283* Mar. 31 3 613* Mar. 4 823* Mar. 2 663* Mar. 10 88 Mar. 3 993* Mar. 21 64 Mar. 12 193* Mar. 10 40 Mar. 24 303* Mar. 14 53 Jan. 8 50 Feb. 10 66 Jan. 78 Feb. 16 85 Jan. 2 55 Mar. 31 683* Jan. 14 88 Mar. 18 29 Jan. 29 40 Mar. 24 283* Mar. 31 31 Feb. 15 Feb. 4 51* 39 Jan. Mar. 3 Mar. 30 5 923* Jan. Feb. 23 80 993* Mar. 21 64 4 100 Mar. 12 14 96 80 413* Sale ..... For footnotes see page 54. 60 Sale Sale Sale 81 3* 59 26 2 483* Mar. 17 853* Mar. 11 15 Jan. 21 813* Feb. 1 853* Feb. 2 29 Jan. 5 70 1973 1942 114,000 United Pub Serv 6af .1938 4,000 U S Radiator 5s ser A 6,000 United Rys of Havana 7 His *36 52,000 U S Rubber 63*% notes..1932 Serial 63*% notes.....1933 59,000 Serial 63*% notes 42,000 1934 Serial 63*% notes 38,000 1935 Berial 634% notes 22,000 1936 Serial 63*% notes 142,000 1937 Serial 634% notes 48,000 1938 Serial 634% notes..... 1939 26,000 Serial 634% notes 38,000 1940 Serial 6s 1933 857,000 9 92 86 Hydro-Electric Co— 161,000 Texas Gas Utilities 6s....1945 40,000 20 Mar. 16 1 Jan. Feb. Jan. 1 101 943* Mar. 29 713* 3 Mar. Mar. 14 973* Mar. 11 9 $YA 1 7 15 95 5 United El Serv (Unes) 151.000 27 1 14 27 74% 64 1957 457,000 Texas Power Ac Lt 5s...-.1956 6s 2022 448,000 112,000 Thermoid Co 6s with warr 1934 4,739,000 Tobacco Prod Corp 61*8.2022 121,000 4 80 14 Feb. 25 Mar. Mar. Mar. 34 56 1956 fenn Elec Power 5s 63* Jan. 64 Mar. 31 Mar. 30 523* Sale 1940 1944 — 14 80 20 57 Jan. 63 65 75* " Sale' 65 75 693* Mar. 31 693* Sale 583* Sale 203* Sale Tenn Power Co 5s.......1962 Tern! 148,000 71 1961 272,000 4KB 388,000 Swift 8c Co 5s 5s 387,000 433,000 Syracuse Ltg 5s B 6 30 46 3* 37 % Sale Sale Sale Sale 40 Mar. 24 9 283* Mar. 28 30 Mar. 31 Jan. Mar. 15 66 Jan. 14 83 Mar. 15 423* Mar. 30 40 Mar. 24 63 Jan. 7 283* Mar. 28 83 38 Mar. 10 63 Jan. 13 30 Mar. 31 46 Jan. 31 ■ 2 Sale 65*" Sale" 28 Mar. 30 28 Mar. 30 43 J4 Mar. 29 393* Mar. 31 Mar. 29 393* Mar. 31 Mar. 31 Mar. 31 39 Jan. Mar. 29 383* Mar. 393* Mar. 673* Mar. 31 30 28 383* Mar. 14 433* Mar. 9 31 30 Sale Mar. 40 Jan. 26 21 693* Jan. 16 Mar. 10 Mar. 29 6 593* Jan. Feb. 9 75 Jan. 15 943* Mar. 11 923* Mar. 29 943* Mar. 11 $61 80 "923* Sale' Mar. 2 Mar. 14 923* Mar. 29 82 Mar. 24 12 Mar. 24 393* Mar. 28 40 Mar. 28 12 30 Jan. 83 9 Mar. 24 22 12 703* Jan. 30 393* Mar, 28 85 Feb. 20 40 Mar. 28 5 54 NEW YORK nn March NEW YORK CURB EXCHANGE Since Jan. RANGE SINCE JAN. 1. PRICES IN MARCH. AGGREGATE SALES, b EXCHANGE CURB Price Jan. 2 1. March 1. 1932. Bid. BONDS (Concluded) Ask. Bid. Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. March 31. Ask. Bid. Ask. Van Sweringen Corp— 61,000 27,000 174,000 26,000 194,000 48# Jan. 1955 91 96 78" Sale" 298,000 Virginia Pub Set 5%n A__1946 151,000 342,000 6s 1946 57# Sale 5s series B 1950 64 Sale 19 Sale Waldorf Astoria 72 Sale Sale 67 H Sale 72# Sale 66" Sale 92# Mar. 96 78 67# Mar. 73# Mar. 49 Feb. 4 98 Feb. 23 96 69# Jan. 4 56 2 Mar. 31 Mar. 1 Jan. 2 793 70; 62# Jan. 5 3 8 74 Feb. Feb. 18 10 13 Jan. Jan. 30 13 Mar. 31 Feb. 26 Feb. 3 Feb. 23 Corp— 41,000 13,000 11,000 1,000 365,000 3,000 1st 7s with warrants 1954 818,000 1937 27,000 Ward Baking Co 6s 1960 112,000 Wash Water Power 5s Western Newspaper Union Conv deb 6a 1941 160,000 2030 106,000 West Penn Elec 5s 1961 76,000 West Penn Pow 4s H 1,000 West Penn Traction 5s..1960 1957 863,000 West Texas Utll 5s A 3,000 West United G & E 5#s A 55 35,000 7,000 29,000 47,000 91,000 Westvaco Chlorine 5 Ms..1937 19,000 Wlckwire Spencer 7M>--1932 1956 66,000 Wisconsin P & L 5s E 5s series F .1958 86,000 375,000 10,000 45,000 88M Mar. 4 95# Mar. 16 71 Mar. 28 57 Mar. 30 65# Mar. 28 Sale 1942 30 88 92 1935 6s with warrants 10,000 199,000 Virginia Elec Power 5* 29,000 Virginia Power Co 5s . 10 Mar. 1 85% Mar. 22 92% Mar. 1 Sale 13 Sale 11 92# Sale" 93# Sale 23 95" Sale" Sale 21 21 Sale 61 Mar. 31 Mar. 24 90# Mar. 15 74 63 # 59% Sale 100 # Sale "50# Sale' 100# Mar, Sale Sale Mar. Mar. 14 8 Mar. 10 80 92 Feb. 24# Mar. 15 21 Mar. 31 96 5 65# Mar. 8 92 Mar. 22 74 55# Jan. 85 74 Mar. 12 6 Jan. 25 Mar .12 29# Jan. 21 66 92 Feb. 26 Mar. 22 74 65 Mar. 12 48# Mar. 31 77 Mar. 29 80 Mar. 26 1 101# Mar. 12 99 Feb. 5 45 Jan. 64# Mar. 80 3 45# Mar. 5 85# Mar. 11 Feb. 19 9 101# Mar. 12 8 46 Jan. 16 78 Mar. 14 85 Mar. 31 82# Feb. 10 78 Mar. 14 91 Mar. 31 94 80# Mar. 21 90 Mar. 3 87 Mar. 16 Mar. 18 82% Mar. 31 82# Sale 85 Sale 20# Jan. 9 90# Mar. 5 97# Jan. 12 Mar. 26 48% Mar. 31 77 Mar. 29 45 83# Mar. 12 15 90# Mar. 89 Jan. 15 88 Jan. 12 88# Feb. 9 80# Mar. 21 94 Mar. 16 91 Jan. 88 Feb. 2 93# Mar. 30 Wisconsin Pub Serv_____ 18,000 8,000 21,000 22,000 6s Series A. 1952 91 5Ms Series B 18,000 1958 33,000 Yadkin River Power 5s__1941 Sale '92% Sale' 93# Mar. 30 18 FOREIGN GOVERNMENT AND MUNICIPAL 33,000 27,000 18,000 282,000 120,000 237,000 241,000 63,000 705,000 264,000 Ag~icul Mtge Bk Rep of Col20-year 7s Jan 15 1946 20-year 7s Jan 15 1947 Baden (Germany) 7s 1951 Buenos Aires (Prov) 7Ms.l947 7s. 22 22 Sale Sale 25% Mar. 17 25# Mar. 24 26 38 % Sale 10 8 7 22 Jan. 2 35 Jan. 28 21 Jan. 4 34 Jan. 7 22# Jan. 21 30 Jan. 29 13 28# Jan. 29# Jan. 43 Mar. 11 29 28 Mar. 11 43 8# Mar. 14 Sale 35 # "41% Sale Mar. Mar. 29# Mar. 8 2 10 Mar. Mar. 7 Mar. 30 Mar. 4 36 Mar. 19 Mar. 7 Mar. 29 36# Mar. 33# Mar. Sale 1952 i Mar. 28 39# Mar. 14. 5 4 43# Jan. 28 8# Mar. 14 15# Jan. 14 26# Jan. 5 19 Jan. 6 40# Feb. 36# Feb. 10 17 53 Jan. 7 13 75 19 4 44# Jan. 35# Jan. Caucst Valley fDopt of) Rtp of 9,000 21,000 314,000 85,000 18,000 7,000 Colombia ertl 11 Sale 728,000 233,000 f 7s. .1948 Cent Bk of German State & s _ Pro* Banks 6s ..1951 6s.. 1952 71,000 Danish Cons Munic 5#n„1955 12,000 5«--. 1953 30 25 75 25 65 Sale Sale 35 75 1 55# Mar. 16 64# Mar. 29 45 Fob. 37 Mar. 18 40 Mar. 10 37 Feb. Mar. 29 64# Mar. 29 Danzig P & Wat'way Bo 23,000 434,000 225,000 63,000 53,000 75,000 external a f 6 Ms 1952 1,238,000 German Cons Munic 7s..l947 799,000 6e 1947 113,000 Hanover (City) Ger 7s.__i939 117,000 Hanover (Prov) 6#s 1949 37# Sale 23 % 20 # Sale Sale 30 27 % Sale 24 Sale 24 Mar. 31 33# Mar. Sale 24 % Sale 23 Mar. 30 Mar. 26 32 32 28 21# Jan. 9 19 Mar. 9 Mar. 14 Jan. 2 27# Feb. 20 22# Mar. 30 13 14 32 36 Mar. 9 Jan. 28 31 Jan. 68 Mar. 31 14 22# Mar. 30 27# Mar. 16 4 1 9 68 Mar. 26 18 Mar. 10 32# Mar. 24 40 25# Jan. 5 40 Mar. Mar. 29 31 Mar. Mar. 8 23 4 29 Mar. 4 2 4 4 37 37 25 Mar. 28 20# Jan. 20# Jan. 11# Jan. Jan. 23 Jan. 23 16 Feb. Feb. 25 68 Mar. 16 Indus Mtge Bk of Finland 71,000 16,000 1,000 23,000 213,000 1st mtge coll * ff 7a 1944 41,000 Lima (City), Peru, 6#t_,1958 16,000 Maranhao (State) 7s .1958 68,000 Medellin (Colombia) 7e..l951 s50 Sale Sale 68 Sale 60# Mar. 5# Mar. 9% Mar. 15 62 Sale 15 5% Sale Mar. 31 9# Mar. 9# Mar. 54 Jan. 3# Feb 9 9 8 15 . 5 19 Feb. 18 Mar. 26 9# Mar. 9 10 Feb. 16 18 Jan. 13 Vfendozn (Prov) Argentina 80,000 110,000 72,000 182,000 23,000 26,000 208,000 198,000 198,000 327,000 27,000 152,000 7Ms 1951 Mtge Bk of Bogota 7« 1947 7b Issue of 1927 (A&O) .1947 Mtge Bank of Chile 6s_, .1931 Mtge Bank of Denmark 5sl97J Netherlands 6s... 1972 26,000 19,000 8,000 15,000 2,000 2,000 20,000 Republic extl 7s 68,000 Santiago (Chile) 7s ... 8,000 Santiago (City of) 7s Sale 13# Mar. 31 Sale 63 Mar. 28 * No par value, n Sold under the rule, o 60 Mar. 1 102 Mar. 16 Mar. 16 6 Mar. 8 9 Mar. 18 Mar. Sale 7 Mar. 31 14 Mar.. Mar. 31 1 Mar. 30 Sale 7 "% Sale % Mar. 24 1# Mar. 15 % Mar. 8 Saar Basin Con Counties 1945 1949 15# Mar. 15 101 8% Sale 101 26,000 7s 1935 18,000 Saarbruecken (City) 7* .1935 Santa Fe (City) Argentine 9,000 16,000 6,000 32% Sale 24% Sale 25 13 M 62,000 Parana (Stateof), 8raz7s.'58 78,000 Rio de Janeiro 6#s 1959 42,000 Russian Govt 6Ms 1919 78,000 6M» certificates ..1919 8,000 5 M« 1921 13,000 certificates. .1921 5,000 12,000 35# Sale 20# Sale" Sale s 24 8 11# Jan. 26 Jan. 20 1# Mar. 15 Jan. 29 1# Jan. 28 Mar. 14 Jan. 18 1 Jan. 7 -1# Mar. 15 # Mar. 8 Jan. 18 1# Jan. 1# Jan. 29 26 1 4 # Feb. 23 16 Deferred Delivery sales, Mar. 26 91 Mar. 4 83 Jan. 9 91 Mar. 18 96 Mar. 23 88 Mar. 18 96 Mar. 30 38# Mar. 17 12# Mar. 15 30 Jan. 10 Jan. 11# Mar. 24 8# Mar. 30 x Ex-dividends, 17 2 104# Feb. 35 Sale 12" Sale' 1961 Sold for cash, Mar. 88 Sale 35 10# 101 89 89# Sale 89 68 8 12 y 8 2 8# Mar. 30 Mar. 21 Feb. 19 Mar. 23 38# Mar. 17 13 Feb. 18 Jan. 21 13 Ex-rights. "Under the rules" sales affecting the range were made as follows in 1932: Jan. 5, Netherlands 6s 1972, $10,000 at 106; Jan. 11, Cities Service pref. B, 10 at 5; Jan. 18, Rio de Janeiro 6#s 1959, $12,000 at 16#^Jan. 25, Stinnes (H), deb. 7s 1936, $1,000 at 31#; Jan. 27, Sylvanite Gold Mines, 100 at #; Jan. 27, Welch Grape Juice, 25 at 37#; Feb. 2, Bulova Watch pref., 10 at 12#; Feb. 4, Russian Govt. 5#s ctfs. 1921, $1,000 at 1#; Feb. 8, Public Service of Nor. 111. 4#s 1978, $1,000 at 85; Mar. 1, Kansas City Gas 6s 1942, $4,000 at 98; Mar. 7, Central Power 5s series D 1957, $1,000 at 72; Mar. 9. Union Gulf Corp. 5s 1950, $1,000 at 98; Mar. 9, United Light & Rys. deb. 6s 1973, $2,000 at 65#; Mar. 10, Shawinigan Water & Power 4#s series B 1968, $2,000 at 78: Mar. 15, New York & Steel 5s 1939, $3,000 at 103#. Westchester Ltg. 4s 2004, $1,000 at 85#; Mar. 23, Nipissing Mines, 100 at 1#; Mar. 31, Jones & Laughlin , **Deferred Delivery" sales affecting the range were made as follows in 1932: Jan. 2, Beacon Oil deb. 6s 1936 with warrants, $9,000 at 94; Jan. 2, Hamburg Elevated Underground & St. Ry. 5#s 1938, $l,000 at 29; Jan. 2, Industrial Mtge. Bank of Finland 7s 1944, $1,000 at 50; Jan. 4, Pacific Western Oil s. f. 6#s with warrants 1943, $6,000 at 51; Jan 4, West Penn Electric deb. 5s 2030, $1,000 at 53#; Jan. 5, Cities Service Gas deb. 5#s 1942, $1,000 at 61; Jan. 7, Piedmont Hydro-Electric 1st & ref. 6#s I960, 82,000 at 51; Jan. 13, N. Y. & Foreign Investing deb. 5#s 1948, $1,000 at 41 #; Jan. 15, Kansas City Gas 1st M. 6s 1942, $5,000 at 97#; Jan. 20. Southwest Dairy Products deb. 6#s 1938, $1,000 at 7; Jan. 30, Van Sweringen Corp. 6s 1935, $5,000 48; Feb. 1, Tri-Utilties Corp. deb 5s 1979, $2,000 at 3#; Feb. ^Pittsburgh Steel 6s 1948, $l,000.at 76; Feb. 8, New Bradford Oil, 500 at #; Feb. 9; at Lerner Stores Corp. com. 300at 5#; Feb. 11, Peopl^G. L. & G. 4s 1981, $1,000at 75#; Feb. 18. Associated Telephone Co., Ltd. 5s 1965, $1,000 at 81#, Feb. 29, Atlas Plywood deb. 5#s 1943, $1,000 at 33; Mar. 7, Bell Telepnone of Canada 5s 1957, $9,000 at 94#; Mar. 7, Gillette Safety Razor 5s 1940, $1,000 at 94; Mar. 9, Pacific Gas & Electric 6% 1st pr^., $2,000 at 24#; Mar. lO. Interstate Power 5s 1957, $5,000 at 70; Mar. 12, Indiana & Michigan 94; Mar.16, United Verde Extension Mining, 100 at 2#; Mar. 17, American Solvents & Chemical 6#s w. w. 1936, $1,000 at 14#; Mar. 21, Associated Gas & Electric 6s 1950, $3,000 at 24#; Mar. 29, Art Metal Works, com., 100 at l#;Mar. 30, Arkansas Power & Light $7 pref., 20 at 73. ■:v;v Electric 5s 1955, $2,000 at RECORD MONTHLY AND YEARLY SECURITIES MARKET ON THE NEW RANGE OF PRICES ON Shares March Jan. 1 to March NEW AGGREGATE SALES. In March. | 1. Jan. 1 to March 31 Louisiana Geo Explor Par. .07 .09 K IK K _* 100 Assoc Dye & Print v t c .40 Bancamerica-Blair Cap 10 Basin Montana Tunnel A—* Belmont Metals Corp 1 .60 IK —1 Bagdad Copper IK 1 Mines—$1 IK .10 17,000 Como Mines ... .1 2,300 Corporate Trust Shares..... AA. 2.000 61,500 2,000 Eldorado Gold Mines 200 Ironrlte Ironer 2H .75 .80 6 .10 Sale 2.15 2.30 M 2.35 Mar. 11 1.95 Feb 1.80 Mar. 31 3.45 Mar. 18 7,000 Patricia Birch Lake Min 1 11,500 Petroleum Conversion......5 1 1.40 Mar. 500 Public Fire Insurance......5 100 Radio Securities A.........5 14,900 Railways Coip..... .._.* 100 Reliance Internat $3 pref.. 1,000 Reno Gold Mines Ltd 1 1,300 Rhodesian Selec Tr Ltd 5 sh 100 Roxy Theatres Corp A 700 Royalties Management A * 7,900 Sanabria Television ...._* 800 Seaboard Fire Sc Mar Ins..10 1,900 Seaboard Utll Shares warr 100 Shamrock Oil Sc Gas * 119,400 Shortwave & Television....1 4,500 Siscoe Gold Mines Ltd 1 700 Splitdorf Electric..... * 300 Swedish Ball Bearing..100 kx 200 Treadwell 2K Mar. 1 1 1 4 4,000 Zends Gold Mining... ♦No par value. ....1 K Mar. 30 5K Jan. 9 K Jan. 16 Mar. 19 Mar. 14 Mar. 8 Mar. 3 .10 Mar. .25 2.10 Sale 2.70 33c .70 .25 .50 8 2.00 Mar. 1 K Mar. 14 K Mar. 1 4K Mar. 3 .22 Mar. 22 2.25 Mar. 1 "2K "9" 4 9K Sale 8 Sale 44c .37 Mar. 21 Mar. 4 .27 Mar. Mar. 5 29% Mar. 26 4 Mar. 10 Mar. 18 Mar. 10 4 5 10 34c Mar. 5 2 Mar. 23 Mar. 40c 4K Mar. 23 IK Mar. 14 4K Mar. 23 2K Mar. 19 2.20 2.18 Mar. 24 2.18Mar.~24 2.20 2.10 Mar. 28 2.25 Mar. 28 4K K 3K >ft 2.30 2.45 2.10 2.30 .30 2.45 2.11 .60 .25 .40 4 2 2.32 Sale 1H ~2% 3 1H Z* h* 2K 3K K 1H 6 H Sale .25 I J* % Sale 3H s5 i* .50 K 'h IK 5K 1-16 .52 .60 K H .65 .55 1 1 17" 27 17 27 Sale 6 4K 3K 4 Sale .40 .50 IK Sale K Mar. 26 Sale .70 Mar. 5 K Mar. 3 17K Mar. 24 6 4 Mar. 24 Mar. 29 6K Mar. 18 K Mar. 26 .17 Mar. 22 .26 .28 .17 .20 1.25 2.00 2.50 2.50 Mar. 3.62 3.62 Mar. 3.25 3.65 " 3.80 1.50 3.35 "K "M . 'ft 1 Sale 12 J .12 9 8 Mar. 18 Mar. 5 K Feb. 9 4K Mar. 23 IK Mar. 14 2.25 Jan. 4 2.18 Mar. 24 2.10 Mar. 28 .45 Jan. 6 34c 2 11 5 5 28 Jan. 17 4 IK "A 4 11 Feb. 25 11 Mar. 23 7 11 11 23 __ K Feb. 9 4K Mar. 23 2K Mar. 19 2.60 Jan. 18 2.45 Jan. 21 2.25 Mar. 28 .45 Jan. 6 .15 Jan. 15 3 K Feb. 5 Mar. 1 5 2% IK 8K 12K Jan. 28 Jan. 4 Mar. 29 Mar. 7 25c Feb. 18 1 Mar. 30 IK Feb. 10 Feb. 8 Feb. 8 K Jan. 13 IK Mar. 12 3 Mar. 9 1-16 Mar. 11 K Feb. 15 K Mar. 26 54c Feb. 16 K Jan. 28 17K Mar. 24 Feb. 18 25c IK Mar. 3 2K Mar. 5 Mar. 9 3 1-16 Mar. 11 ft 20* Mar. 3 Mar. 5 Mar. 3 Mar. 22 Feb. 18 3 y4 Jan. 6 4«/i Jan. 11 K Feb. K Feb. Jan. 2 .70 Mar. 17 15 11 5 K Feb. 5 Jan. 14 20 __ 6K Mar. 10 6 Mar. 24 6K Mar. 10 4 Mar. 29 4 Mar. 29 4 6K Mar. 18 IK Mar. 4 .25 Mar. 2.50 Mar. 3.62 Mar. 9 9 8 6K Mar. 18 % Feb. 6 .17 Mar. 22 2.50 Mar. 9 3.62 Mar. 8 3.60 Jan. 6 7K Jan. 26 K Jan. 6 3 .10 Mar. 26 1.55 Mar. 15 K Mar. 23 Mar. 7 K Mar. 7 IK Mar. 30 10K Mar. 4 K Mar. 7 .08 Mar. 28 .14 Mar. 10 Sale % Feb. Jan. Feb. Jan. Jan. 40c 11 12H Mar. 27 IK 3M 4K 13K IK Jan. 8K Mar. 29 12M Mar. 7 __ .37 Mar. 21 1.55 Mar. 15 .10 Mar. 26 7 H Mar. 5 29 5 20 Mar. Feb. Feb. 30 11 5 2 75c 4 IK Jan. 3X 1 3% Feb. 3 K Feb 23 Feb. 25c 27 Feb. 10 Feb. 11 Feb. Jan. 4 .25 Jan. 1 1.55 Mar. 15 .05 7 1 .16 5 20 Feb. 2.75 Feb. 3 3.50 2.00 10 .05 IK Mar. 12 3 Mar. 9 1-16 Mar. 11 1.00 Sale K 6K K 25c 25 23 23 1 3 .55 3.70 Sale 1 7 Mar. 30 1.25 3"? 2 6H Mar. 12K Mar. Sale Sale 8 2 29 2K Jan. IK Jan. IK K IK 3K Mar. 3 n 1 Sale IK 8K Sale 12K .20 .25 IK 2K 26 Feb. Feb. Feb. IK Jan. 5 .12 Jan. 2K Mar. 18 3 Mar. 5 4 3 Feb. 10K Feb. 4 .15 .15 .12 Sale 1 Sale 9c 7 20 17 Feb. 42c 8 Feb. Mar. 14 Mar. 8 Feb. 19 25c — IK 7K K K 2K 1.55 Feb. 9K Mar. 19 13 Feb. IK Mar. 11 1 2 30c 16 .19 Jan. 75c 27H Mar. 28 27 25 13 .37 Mar. 1. 5 2 29 Feb. K Feb. .40 .33 Sale Feb. K Mar. 30 10K Mar. 7 IK Mar. 30 33c Feb. 29 IK Mar. IK .80 K .87 .50 _ K Mar. 30 10 K Mar. ~ IK Mar. 30 8 8 2K Jan. 27 3K Mar. 24 11K Jan. 15 1.03 Feb. 13 1.00 Mar. 10 9K K K 4K 2.53 3.68 5,500 Van Sweringen Corp * 3,000 Wellington Oil of Calif cap. .1 68,200 Western Television._....._.* 10 250 Wisconsin Holding A 700 Yosemite Holding v t c * 10 Jan. .35 Jan. 4 27 21 1.00 Mar. 10 IK Mar. 30 .25 Mar. 29 3 K 650 U S Flee Lt Sc Pow tr ctf B__* .10 w_* IK -Ian. Feb. 3K Mar. 24 Mar. 16 10 .35 Sale 3K Mar. 24 . .20 Jan. 1 3 2 24 .30 Mar. 5 13 .10 Mar. 8 Feb. 1.46 Feb. IK Mar. 28 .40 2.43 3.35 300 Utilities Hydro Sc Rails w 1.15 Feb. 2 5 21 30c 2.00 2K .40 IK Jan. 2.55 Jan. K Mar. 30 7K Mar. 31 K Mar. 5 IK 2H 2.31 Sale 2H 1.80 Mar. 31 29c 1.00 Mar. 10 38c K 200 Trustee Standard Oil B 100 U S Fidelity & Guaranty 3K Mar. Mar. 16 10 1.25 * * ......* Yukon 1.40 Mar. .30 Mar. 19 6K Jan. _ Mar. 28 1 3 19 Feb. .19 Mar. 10 Mar. 30 1 2K Jan. 200 Petroleum Derivatives 164,200 Tobe Deutschmann 11,000 Tom Reed Gold Mining 2 7 IK Mar. 28 7 4 12 K .10 Jan. 2 19 13 .10 Jan. 27 M 5 * Feb. 2 Jan. K Mar. 1.80 Mar. 31 IK Mar. 18 „ 2 55 Jan. .32 6 3 24 .13 Jan. .30 K Mar. 11 Mar. 30 1 IK .65 .10 24,800 Mid-Cont Pub Serv A ...» 3,000 Moss Gold Mines Lrd 1 1,000 National Aviation A warrants 100 National Liberty Ins 5 3,500 National Plnetree Products 2,000 North Amer Trust Shs._ 1953 300 No Amer Trust Shares...1955 300 North Amer Tr Shares 1956 500 North Butte Mining .$2.50 A 3 2.00 Mar. 26 1.95 27A 2.55 .35 Jan. Feb. 22c K Mar. 15 16 5 25 2.90 Feb. _ .08 Mar. 23 .12 Jan. "".19 Mar." 10 8 Petroleum........! C-D 1.50 Feb. .35 Mar. 31 2 2K Mar. IK Jan. 2.80 Mar. 12 ".16 Mar.""l Sale 1 100 Maxweld Corp 100 "2MMar."2 31 .08 Mar. 23 27 .70 Jan. Feb. 3% ft .22 Sale Preferred.............* 200 IK Mar 9 K Mar. K Mar 35c 1.00 Mar. 28 IK 3K K 1K K 175,000 Macassa Mines Ltd.........I 200 Macfadden Publications 500 Tobacco Products 9 K Mar. 11 8K .25 .10 21,500 Keystone Cons Mines Ltd—l 16,800 Kildun Mining • 300 Kinner Air & Motor _.* 200 Leverage Fixed Trust Shs__._ 300 Metal Textile Corp K Mar. 1 .09 Mar. .03 Jan. 1 % K 13 10 _...—* 100 Merch & Mfrs Fire Insur IK Jan. K Mar K Mar. 10 .09 Mar. 1.50 Mar 8 Mar 8 8 .33 12,200 Jenkins Television.........• 700 Kelvinator of Canada.: $6 .30 ~3K Sale" Mines....—* Group No Two Oil 1 Helena Kubenstein pref.. • Hendrick Ranch Royalties..* Homestead Oil & Gas.__.--1 Howey Gold Mines Ltd 1 Huron Holding C-D w i .1 lnternat'l Rustless Iron....I Interstate Natural Gas.. • 440 .15 10 .10 Mar. Flag Oil of Del capital Fuel Oil Motors Corp 1,000 Lincoln .10 5K Sale .70 1.00 capital—.1 Ltd 1 * 10 Min Mill Sc. Pow 1 Eagle Bird Mine 300 Granada Gold 3,200 1,000 1,000 .14 Mar. .23 Feb. 3 Mar. 8 IK Jan. 29 K Mar. 10 .11 Jan. .20 Mar. 31 8' .20 Sale 100 General Water Treatment..* 100 2.00 .34 Sale .07 .11 .15 .20 2.55 Sale C.. 84,400 Globe Television & Phone..* 1,700 Golden Cycle Corp Cap 10 1,600 Sale — .13 iviai'. Mar. .45 .2o IK 8 K Mar. IK "I Tunnel..* 100 Diversified Trust Shares General 3 .19 2.20 Sale * 600 Detachable Bit of Amer Mar. 8 Mar. 70 8 Mar. 70 8 .09 Mar. K — 20,000 Detroit & Canada 7,400 1,000 8,000 67,800 2,500 2M si Highest. Sale Prices. 1.80 Mar. 31 * Baking 1st pref ..* 600 Columbia Baking. 300 .45 .30 2 .15 .32 .12 Sale .20 Big Missouri Mining 200 Columbia K 2.60 Sale 2.35 Sale .a .02 Sale Mar. 70 .12 Mar. 17 8 *4 K .03 Sale Prices. 8 Mar. "IH "2H —<5 4,500 Andes Petroleum.. .17 Sale 12 .15 Sale Lowest. Sale Prices. Highest. Lowest. Sale Prices. 70 8 1 20 100 American Sealcone 200 Am Uti lGeneral A con Black Hawk Cons Ask. Ask. Bid. Bid. Sale .15 121,000 Admiralty Alaska Gold—---1 200 Allied General $3 pref.. 25,500 11,600 9,800 29.000 1,500 3,000 Ask Bid. 7s. 1935 STOCKS Shares. / RANGE SINCE JAN. X. MARCH. March 31. March 1. 1932. Par. 5,000 $214,00® 427,00° Price : BONDS $ 5.000 1931.- ,1932. $5,000 5,000 — _ Jan. 2 Since Jan. March. PRICES IN YORK PRODUCE EXCHANGE YORK PRODUCE EXCHANGE Bond Sales. 1931. 669,591 1,301,161 1932. 499,276 1,291,221 Stock Sales. .21 Mar. K Mar. 23 7 Mar. K Jan. 7 21 Mar. 29 6K Mar. 18 IK Mar. 4 .48 Jan 6 2.50 Mar. 9 3.62 Mar. 8 3.68 Jan. 2 7K Jan. Jan, 26 13 Feb. 1.70 Feb. 18 2 25c 4 7 2K Jan. 4 10K Mar. K Jan. 20 1 A A/Tow 1 H Chicago Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON CHICAGO STOCK EXCHANGE Stock Sales. 1932. March. Shares Bond Sales. 1931. 2,295,000 5,401,000 Jan. 1 to March 31___ March 3,941,000 PRICES CHICAGO STOCK EXCHANGE Since March. Jan. 1. 6,000 11,000 eTooo 77,000 "2*666 10,000 18,000 14,000 1,000 1,000 "T666 1,000 1,914,000 2,000 9,000 1,000 23,000 12,000 49,000 1,000 125,000 152,000 8,000 1932. 6,000 Allied Owners 6s 1st mtge 5s ctf of dep..1927 58 series A 1927 series B 1,000 4s 39,500 Shares. 728 800 80 """166 400 6,900 200 300 6s 500 100 1,600 1,600 50 warrant 140 390 50 4,450 100 150 ...1949 1978 _ 1,531 American Pub Serv pref-.lOO 5.700 Amer Radio fit Tel St Corp. 100 Amer-Yvette Co Inc com * 5,550 Appalachian Gas Corp com. * com 250 Associates Investment Co..* 640 Assoc Tel Ac Tel Co $6 w w..» Class A- * 290 100 ...» com 200 300 350 3,550 150 650 45 200 50 1,550 2,765 1,500 Preferred 66% 42 88 "5", loo 83,650 1,050 1,700 1% 534 34 34 27 7 1% 234 36 % 2* '34 2% 54 63 67 49% 50 76 53* 55 78 50 • * 6% % 17% 64% 48% 1 8 Mar. 31 5% Mar. 14 334 Mar. 8 9834 Mar. 17 9534 Mar. 1 98 7 90 Mar. Mar. 15 Mar. 7 89% Mar. 23 Mar. 22 50 Jan. 38 Mar. 30 50 Jan. 934 434 3% 94% 9534 Jan. 11 Mar. 1 Mar. 8 12% Jan. 7% Jan. 334 Mar. 98% Mar. 98% Jan. 90 Feb. 29 Mar. 1 Mar. 7 8934 Mar. 23 60 Feb. 26 Mar."21 27% Mar."21 27% Mar. 21 75 75 12 27 34 30 Mar. 30 5 Mar. 3 1734 Mar. I 75 5 Mar. 3 Mar. 28 13 Mar. 2 12 Mar. 37 Mar. 16 Mar. 90 2 2 15 22 8 17 11 Mar. 7 89% Mar. 23 67% Jan. 14 27% Mar. 21 75 3 Mar. 40% Mar. 16 4234 Mar. 5 40 43 45% Mar. 7 45% Mar. 7 28 26 2 8 8 14 27 91% Jan. 28 30 Feb. 37 40 Feb. 33 Feb. 6 89% Jan. 87 38% Jan. 2434 Jan. 90 Jan. 23 54 Feb. 18 50 3 Feb. 98% Jan. Mar. 16 9 Feb. 10034 Mar. 31 40% Mar. 16 2334 Feb. 1 45% Mar. 7 4234 Mar." 2334 Feb. 4534 Mar. 15% 15% 15 Mar. 17 Mar. 23 30% Mar. 16% Mar. 11 12 10,% Mar. 17 11% Mar. 26 Mar. 17 15 Jan. 31% Jan. 17% Jan. 13 25 Jan. 20 Sale 1% 2 6 7% % 10 8 5* 6M 6 Mar. 2 2% 3 2% Mar. 5 6 5 1 23 13 Sale % % com 2% 5 1 1 Mar. 1 2 53 Mar. 3 1 3 8 % Mar. 10 2% Mar. 7 2 Mar. 53 62% Mar. 29 66 37 Mar. 31 50 55 64 37 74 76 Mar. Mar. 10 Mar. 10 Mar. 2 53 3 1 8 % Jan. 2% Jan. 5 Mar. Mar. 10 Feb. 8 54 Jan. 61 66 Mar. 10 37 Mar. 31 54% Jan. Feb. Mar. 12 Mar. 1 72 10 Mar. 11 35 Feb. 9 35 25 25 Feb. 24 43 Jan. 21 Feb. 19 Sale . Mar. 11 Mar. 4 5 10 2% Mar. 29 77 Mar. 12 12% Jan. 10 3 Mar. 10 27 26 Mar. 29 26 Mar. 29 26 Mar. 29 75 26 84% 75 75 Mar. 28 75 Mar. 28 5 7 81% Jan. 5 Mar. 28 Mar. 17 75 8 % 7 % Sale 5 % ■ 14% Sale 334 Sale 4 4% 10% Sale 75 82 9 2 % 7% % 8% 3 8% 2 334 Mar. 10 5% Mar. 14 % Sale 3% Sale" 7% 74 76 7 8% Mar. 31 '14% Mar. 2% Mar. 29 334 Mar. 3 1 4 Mar. 9 12% Mar. 5 Mar. 9 7% Mar. 31 75 Mar. 7 734 10% 12 14 10% o 734 Mar. 21 8 "m lH 7 11 13% Sale 10% 15 % 2% % Sale 1% 934 15 1% Sale 1 1% 9 % 2% 3% 11 % Sale 8 9 65 15 Sale 6534 Sale 13 Sale 13 1% Sale 55 1% Sale 34 Mar. 2 7% Mar. 24 1% Mar. 29 V* Sale 7 Mar. 31 4 80 Mar. 17 734 Mar. 21 % Mar. 2 8 Mar. 3 2.% Mar. 8 12 Mar. 7 14 3 Feb. 34 Jan. 1034 Jan. 5 5 Sale Sale 48 1% Sale 5 Sale 1% Sale 1 Sale Sale 9 1 Sale 8 5 52% Sale 1% Sale 13 % Mar. 18 1% Mar. 31 1 Mar. 9 Mar. 11 10 Mar. 23 % Mar. 1 8% Mir. 3 46% Mar. 18 1 Mar. 11 1 2 Mar. 23 1233 Mar. 10 % Sale 2% Sale % Mar. 28 1% Mar. 5 20% Mar. 28 14% Mar. 23 55 36 45 26 45 27 Sale 15 * 12% 15% 15 < Sale Sale 1% Mar. 8% Mar. 66% Mar. 2 3 2 1% Mar. 2 13% Mar. 24 1% Mar. 5 2 Mar. 1 37,% Mar. 9 27 1 Mar. 12 & 7* 10 16 10 Sale 10 Mar. 31 10 7 10 7 Mar. 31 10 10 10 Mar. 10 Mar. 3 4 1 3 1 3 15 3 6 2 2 4 10 134 1% 4 2 2 80 Jan. 1 Jan. 7% % 8% 2% Jan. 21 Mar. 2 Feb. 4 Jan. 19 Jan. 7 14 5 2 15 14 15 16 5 6 19 Mar. 31 14 Jan. 7 Jan. 16 Jan. 29 % Jan. 2% Jan. 14 7 21 Jan. 6 8% Jan. 14 % Mar. 1 Feb. 1 46% Mar. 18 1% Mar. 10 15 21 6 2 8% Jan. 69% Jan. 15 4 50 % Mar. 28 1% Mar. 5 20,% Mar. 28 14% Mar. 23 55 44 Feb. 11 2 Feb. 1 % Jan. 34 Jan, 8 12% Mar. 10 10 4 14 Mar. 31 15 34 Feb. 20 1% Mar. 31 8 Feb. Mar. Jan. Mar. 1 Mar. 29 Jan. Jan. Jan. Jan. Feb. Mar. 6 7% Feb. 1% Mar. 29 7 8 34 10% 18% 5% 4% 12% 14% Jan. 21 & Con Ry— 4 14 4 334 Mar. 10 47 Sale 45 35 % Mar. 18 2% Mar. 2 9 8% Mar. 31 7 1% Jan. Jan. 13 14 y& -— 45 1% 1% 6 28 12% Mar. 23 25% Mar. 7 3 7 6 77 2 * 3 7 10 7% ,% 7% 34 234 14 72% Mar. 23 234 Mar 29 2% * * Mar. 18 14 934 __* * Mar. Jan. Jan. % Jan. 3 Sale 100 * 10 50 4 10 1 * 20 Mar. 3 Jan. 15 Mar. 2 Jan. 21 1 % Jan. I * 6 Feb. 34 % 634 2% 27 1 .* 1% Feb. 6 20 834 .. 29 Mar. % Jan. 4 29 Mar. 19 1 Sale Sale Sale Jan. 5 13 4 Sale 52 Jan. Jan. 2 Mar. 15 Feb. 27 Feb. 9 Sale 3% 9 220 Cherry Burrell Corp com...* 150 Participation preferred 700 Certificates of deposit 250 Chicago Electric Mfg A 5 31% Mar % Mar. 5 Mar. 10 55 * Cent West Pub Serv— Class A % 2 3 1 2 5% % % 4% 2 Mar. Mar. Mar. Mar. 34 Mar. 1 1 Mar. 19 Mar. 18 % % 6% 2% % Mar. % ----- Mar. 6 12 10 .* 16,200 Cent Pub Serv Corp A * 108,050 Central S W Util com new..* preferred Mar. 18 % Mar. 15 .% Mar. 1 2% 76% 85 2 pref.._ Preferred 1 6 % 14% 8 10% Mar. 17 49 * * Convertible preferred 110 Central lnd Power pref 42 5 3 100 111 Pub Serv pref xEx-dividend 49% Mar. 4934 Mar. 8 9 14 1034 25% 24% 111 com 7,500 No par value Jan. Jan. 82 ..... .* Cent ill Secur Corp— Common 8,665 City Mar. 10 50 1,850 Castle Ac Co (A M).........10 4,450 CeCo Mfg Co Inc com * 220 Cent Cold Storage Co com_20 Chic 49 18 F 50 1,250 Convertible preferred.,. _* 15,800 Butler Bros.. I. 20 50 Chain Belt Co 11 14 11% 1% 7% % 31% Sale % % 34 % 40 40 * pref ........ 50 20 434 Mar. 33s Mar. 97 9 Sale 100 14,450 Bruce Co (E L) com 100 Feb. Jan. 9 25 31 34 % 5% 2% Sale 2 2 com 200 Bright Star Elec cl A 800 Brown Fence & Wire cl A Class B 800 Prior Hen Mar. 30 3 66% .. 12% 25 550 Borin Vlvitone Corp pref 650 Brach Sc Sons (E J) com 1,850 3,475 42 Mar. "99"" 10034 Sale" 10034 Mar. 31 10034 Mar. 31 Z "50"" 8234 37 158,750 Bendix Aviation Corp com..* 10,830 Rinks Mfg Co cl A cv pref..* 3,610 Central 49 52 1234 com Balabaa Ac Katz Corp-Common conv 45 51 96 9934 101 • pref.... 400 Canal Const Co Mar. 22 38 Mar. 3 Mar. 28 Mar. 3 Burnharo Trad Corp— 5,450 10 33 3734 .. 25 240 Bucyrus-Monlghan class A..* 100 4634 Mar. 11 Feb. 40 41% * ... 127,600 Borg-Warner Corp 450 7% preferred. Mar. 22 42 *33" American Equities Co com. 80 Amer Fur Mart Bldg pfd-.lOO 400 Baxter Laundries Inc A 300 Beatrice Creamery com """166 38 6 conv 42 534 Sale ..... Sale % 470 Blums Inc Prices. 35 91% Jan. 13 Sale 2,500 Bastian-Blessing Co Sale 4634 Mar. 11 4434 Mar. 14 6334 77 Highest. Prices Par Allied Motor lnd Inc com.. cum 9734 61 Sale 1 J7 Sale 27% 1734 IF 600 96 75 75 Sale BIdg— pref A Lowest. Prices 10 5 Sale "30" 30 20 12 200 50,200 200 61 15% conv Mar. 22 4434 Mar. 10 43% Mar. 5 8934 Mar. 23 59 28 $6 35 534 334 97 97 1949 1944 Highest. Sale Prices 90 J956 55C Allied Products Corp cl A..* 20 Sale Lowest. Sale 11 3 4 9634 43 34 Sale 8 Sale 2 9434 9534 102 1,100 10 434 5 11 770 Backstay Welt Co 300 i* 14% 200 58,150 2,500 41% 13 26 560 300 42 3£ 4833 Abbott Laboratories coin.. ♦ Acme Steel Co 25 310 RANGE SINCE JAN. 1. 10 48 Adams (J D) Mfg com 7% preferred 31,200 Assoc Tel Util Co 39 7 10 100 900 Adam# Royalty Co com * 950 Ainsworth Mfg Corp com... 10 400 All-Amer-Mohawk class A..5 1,930 38 10 47 2 1st mtge 534s 1958 United Public Serv 6# A.. 1942 2,700 Art Metal Works 3834 47 1936 STOCKS 18,100 T Sale 3734 Sale 2,000 United Pub Util 6s A____1947 1,888 2,600 1,070 4434 4434 50 96 ....1940 1,000 Nat Pub Service 5s 2,000 Pub Serv 1st ref gold 5#.. 3,000 Pub Sor Sub Corp 5%s A 18.000 Swift Ac Co 1st s f g S# Shares. 4334 12 1953 Kansas Power & Light— 1st & ref 6s C 5,000 1947 9,000 Metrop West Side 4s .1938 2,000 Nat Pole & Treating 6s__1936 39,500 1,000 Ask. ...1956 Insult Util Inv 6s IN MARCH. March 31. Bid Sale 1954 1,000 Holland Furnace 20 1,800 5s A m 208 So La Salle St ~~2~66o 7 4634 4634 1927 1st 1st mtge 434 s C 1st mtge 434s D._ 5# without Ask 50 1,000 1957 22,000 Commonw Sub Corp 5%s 1948 1,000 Great Lakes Util 5%S-__-1942 5,387,000 15,000 Bid. 39 H 4534 45% 1927 10,000 Adjustment 34,000 Comm Edison 5b series B 15,000 March 1. Ask. 1945 Chicago City Ry bt,. 1927 Certificate# of deposit. 1927 Chic City Ac Con Ry# 5a..1927 Chicago Railway# 5s ..1927 5# 3,143,000 Price Bid. 23,000 6,013,000 Jan. 2 NDS ti* 1931. $947,500 Jan. 1 to March 31-_ 11,517,200 AGGREGATE SALES. In 1932. $2,222,000 _ 1% Jan. 13 Jan. Jan. 22 3% Jan. 6% Feb. 14 19 14 Jan. 13 19 15% Jan. 11 Jan. Mar. 31 10 Mar. 31 9% Feb. 17 10 Feb. 18 1% Feb. Mar. 11 4" Mar. li 1% Feb. 16 1 4 16 Jan. 11 2 Jan. 9 2 Jan. 6 4 Mar. 11 CHICAGO AGGREGATE SALES In Jan. 1. Shares. Shares. 1.55C 1.15C PRICES IN MARCH. 9f 480 Coleman Lamp 8c Stove mm mm Bid. 50 Comm Tel Co cum 15C 690 15,800 8,250 33,950 14,500 32,050 1 610 420 40 100 Preferred... —...... * .—.* :§ V 2* m Sale Sale 4 Sale -* 2 Preferred 12 65 5 5 1 220 Decker (Alf) & Cohn 80 Dexter Co (The) com Inc...* 5 .* • - 5 200 • - - 750 50 50** 55 14 15 3,757 Foote Bros G 8c M Co.. 700 50 150 50 «. 700 General Parts Corp 150 Common 150 . new 350 20 * * H 18,600 14,550 350 .10 800 550 1,050 3,050 3,050 ... 100 Hussman-Ligonier Co com..* ------ 700 940 2,750 Illinois Brick Co 25 1,300 Illinois Nor Utilities pref.lOO 138,550 800 1,050 44,210 Af. 15,100 — mm mm — mm — Preferred series 2... .* 10 Interstate Power $6 pref.. * 300 Investment Co of Amer com.* - mm ■ 400 3,050 Iron 600 900 1,500 40 6 ..... 1 Mar. Mar. 30 55 Mar. Mar. 14 Mar. 22 5 it* Sale Sale 11** Sale 1** 1** X X va 17** Sale IX Sale 10** Sale 12** 13 2** 3** 1** Sale 10 4 4 5H 12 95 14 10** 3** 5** Sale 30 Sale .... 1** 3X 4 5X 94 J* 17 Sale 2 2** 3** 100 2** Sale Sale 4** 94 _ X 4** 8 Sale 100 2** 4** 10 11 19** 2** 7 11** 2** 1 2,250 4,120 3,3501 2,950 3,5501 4,300 360 • pref 6 50 100 400 2,200 700 250 3,110 Common. .10 1— 5** 3** Sale ii 7S Sail4 1*1 12 2X 13 3** 7,000 1 1,1801 4,3501 300 9 5 Mar. 22 505* Mar. 31 12** Mar. 31 54 Mar. " 4 8 4X 30 34 11 9 7 Sale 400 m^*»rnl>m - Convertible preferred. 10 13 501 - 200 1 — 50 7X 570 4 2.200 4,400 32,575 104,350 10** 65* 150 $6 pref. "A" 3** 45* 33 5'$* Convertible preferred. 740 120 150 160 6 1** 3,300 ; 100 Filler & Hart Inc 1*4 conv 100 nref * - 6X 6*4 iV4 —. 47** Feb. 11 6 15 Jan. Jan. 5 Mar. 22 1 Feb. 5 Feb. 3 5 Jan. Feb. 4 10 Jan. 17 24 40 10 2* Preferred 950 8 1 • 25 1 5 Ex-dividend 12 5 54 Feb. 5** Feb. 17 4 15 Feb. 4 Mar. 31 8 42 7 51** Mar. 28 42 45*4 Jan. 23 42*4 Mar. Mar. 22 Jan. 39** Jan. 18 Jan. 19 Mar. 19 14 ** Mar. 5054 Mar. 31 *4 Jan. 26 55 11 86 Feb. 2 *f Mar. 31 16 Feb. 13 12 1 1 2 Mar. 1 Mar. 10 54 Feb. 16 Feb. 15 15 Jan. 154 Mar. 7 2 Mar. 16 5 9 2 Mar. 7 11 *4 Mar. *4 Mar. 54 Mar. 11 12** Mar. 16 Mar. V Mar. 21 54 Mar. 21 5 2 Jan. 5 16** Mar.30 ** Mar. 28 1*4 Mar. 17*4 Mar." 1** Mar. 19 Jan. 18 Mar. Sale 6 854 Mar. 31 5 12 Mar. 2 7*4 Mar. 31 3*4 Mar. 23 3 1054 Mar. Mar. 22 5 4*4 Mar. 28 2 Mar. 2 Mar. Jan. 4V* Mar. 21 79** Mar. 29 7 454 Mar. 94 2 6*4 6 3*4 ** ** *4 Mar. 28 1 Feb. 20 Feb. 4 Jan. 3 2*4 12*4 2 7 9 3 Mar. 19 3 Mar. 19** Mar. 3 154 Mar. 24 Sale 2A Sale 12 31~" 55 Sale "X 454 30 5 3*4 37 6 13 III 1*4 51 8** 26** Sale 8 12 32** 7** 154 2*4 5 1 4*4 Mar. 11 9 Mar. 21 9 Mar. 3 22** Mar. 254 Mar. 9 3 39 11 X 27 9 4 31*4 1 454 34** Sale 4 4 Mar. 1 Feb. 15 8 7 7 15 5*4 Jan. 16 79** Jan. 29| 95 Jan* 6 23 18 Jan. 18 Jan. 54 Mar. 1 6*4 Jan. 14 15 Sale 3** 10 4 3 Sale Sale 8 9** 12 Feb. 10** Feb. 19 22*4 Mar. 9 10 9 24! 3*4 1 Feb. 5 Feb. 8 Jan. 14 1*4 Mar. 5 1*4 Mar. 5 4** Mar. 14 4 4 Mar. 21 1*4 Jan. 9 7 Mar. 21 50 ** Mar. 17 6** Mar. 26 3X Mar. 29 33' Mar. 15 10 Mar. 2 7 Mar. 19 3 Mar. 18 2*4 Mar. 4 12 Mar. 28 Va Mar. 7*4 Mar. 37 Mar. 31 ** Mar. 17 5 Mar. 2 7 1 9** Mar. 29 Jan. 30 10 7 11 Mar. 18 3 2*4 Mar. 1754 Mar. 4 1 Mar. 17 33 5** Mar. 26 2: Mar. Mar. Mar. 17 ~3*4 Mar."24 4 Feb. 4 5 30 8 4 Jan. 35 3** Mar. 29 454 Mar. 22 5*4 Mar. 4 Mar. 12 654 Mar. 17 Mar. 4 Jan. 4*4 Mar. 8 5 Mar. 8 Mar. 21 1 Mar. 28 14 Va Mar. 1 Va Mar. 1 5** Mar. 28 5 6 Mar. 15 1-16 Mar. 1 1 Mar. 11 Mar. 19 3 Feb. 2*4 Feb. 9 81 Jan. 6: 3** Jan. 4*4 Jan. 28* 29 Jan. 22 3 37 Feb. 18 Mar. 31! Mar. 7 14 Jan. 8 10** 754 254 18** Jan. 20 Jan. 19 Jan. 8 Feb. 24 5 Mar. 19 5** Jan. 14 Feb. 13 10** Jan. 5 2*4 Feb. 25 4*4 Jan. 8 37 Mar. 31 Jan. 25 6 Jan. Jail. 11 16 Jan. 6** Mar. 3*4 Mar. *4 Mar. 5 Jan. 25 1 Mar. 28 *4 Feb. *4 Feb. *4 Mar. 23 Mar. 1 9 4 Mar. 14 6*4 Feb. 29 6*4 Mar. 7 27 Jan. 18 5 5 14 54 Jan. 12 54 Jan. 14 Mar 1 Mar. 12 Mar. 1 54 1 Mar. 6 Mar. 15 6** Jan. 7 1554 Jan. 13 *4 Jan. 22 5! 1-16 Jan. 2l 19*4 Mgr. 12 45 Jan. Mar. 24 50 Jan. 20 Feb. 40 Jan. 4854 10** Jan. 25 Mar. 9 11 8 32** Mar." 1 25' Mar. 8 2 30 Mar. 25 Mar. 2 1 54 Mar. 4 954 Mar. 10 8 Mar. 31 7 Jan. 9* Mar. 15 5 13 154 Feb. 26 50*4 Jan. 19 50 2 Feb. 8 12 1 4} 32} 1! Feb. 19 Jan. 23 5 Jan. 11 Mar. 28 s54 13 Mar. 21 Feb. 31 *4 Mar. 4 1** Mar. 23 14 10 Mar. 9 Jan. 30*4 Mar. 4 Jan. 5*4 Mar, 28 2*4 Mar. 1-16 4 13 19 o 1 754 Feb. 10 4)4 Jan. 14 35 14 25 Mar. 2 Mar. 4*4 Mar. 14 10** Mar. Mar. 28 Feb. 14*4 Jan. 19 54 Jan. 22 25" Mar.""3 1 2 1 15 27 29 Feb. 15 4 4 4 26 Mar. 26 Jan. Feb. 25. Mar. 31 4 50 19 Mar. Mar. Jan. Feb. 31 34 14 Jan. 1 . Mar. 24 Mar. 17 Mar. 15 22 Jan. 6*4 11*4 *4 6*4 4*4 Mar. 8 21 zo 154 Jan. 6 5| 35' 5*4 Jan. 30 2*4 Feb. 25 2 13*4 Mar 21 *4 Mar. 12 19*4 Mar. 12 10 26, Feb. 12 31 Mar 37 20 3*4 Mar. 29 4 Mar. 26 11** Mar. 15 *4 Mar. 12 9 1** 554 3 40 48 *4 Mar. 21 26 2 Mar. 19 Mar. 31' 12 6 Jan. 7 7 17** Feb. 154 Mar. Mar. Sale 14** 12** 26 30 1054 15*4 17 Jan. 36 5** Sale Sale 6 Feb. 5 1 -T19 3 2 1*4 Jan. 3*4 Feb. Mar. 30 ----- 7 Sale 5 13 Mar. 6 3** Jan. 46*4 Feb. 40 4*4 35 Jan. 17 Mar. 1*4 Mar. 46*4 Feb. 40 I 12 6 Jan. 11** Mar. 9 20 Sale 11** 3* 15 31 40 :~iri "25" Sale" 45 2 Mar "~*4 Sale" 55 ■ Jan. Mar. 22 5*4 Jan. Mar. 1*4 1-16 Sale 40 5 30 Sale Sale 11*4 36 3** 5 Sale Jan. 18 154 Jan. 11 154 Jan. 12 10 7** Mar. 31 2** Jan. 2 1 254 Mar. 3*4 Mar. *4 Mar. 24 4*4 Mar. Mar. 2 Mar. 24 1 3 9 8*4 14 Sale 4 12 Feb. 12 5 Mar. 254 Jan. 22 13** Jan. 15 12** Jan. 7 4*4 Mar. 28 7 4 Jan. 7 Jan. 6 Mar. 31 854 Mar. 31 4 5 11** Mar. Mar. 29 12** 3** Va 154 Mar. 22 4** Mar. 12 Jan. 7 3** Sale 54 Feb. 17 X Mar. 21 54 Mar. 21 *4 Mar. 22 12** Mar. *4 Mar. 31 Sale ----- ** Jan. 26 1 7 16** Mar."30 ** Mar. 28 7 Mar. 29 Jan. 19 *4 Feb. 5 Mar. Jan. 2 * 32 6 5 1 600 ft 1,050 1*4 Mar. 22 9 VA Feb. 26 • 350 8 6 3*4 19 51 $7 preferred 13,700 8 No par value. 4 5 Mar. 5 Va Mar. 22 X Mar. 21 54 Mar. 21 Sale 4 354 1354 50 170 8 220 50 8 • 4** 49 42 50 400 5 Sale 13 14 100 A.. A... 400 450 2 Jan. 64 154 Mar. 18 Sale Sale — 7** "3** 23* 1-16 Sale 75 8 '' 40 10 ..... 7% prior lien... 550 8 — 30 * Preferred 6% Preferred 7% 10 mm 2X Sale 34 Sale 35 Warrants... 200 8 lidland Util 6% pr llen._l 450 mm conv. 650 _ 2 Jan. 13 28 11 Mar. ** ** X VA 10 Sale 9 21 Sale I* ''I 2Va \7X Warrants B 1,450 120 mm Warrants A 110,550 8 250 5 22 5** 6 5** Sale 1,129,7081 3,000 21,000 Sale 16 4,900 1 1,200 11** si Sale $ 4* 1,6001 180 1,200 598,450 Jan. 2 29 Mar. 22 12 1 Ya Sale 1*4 2 1*4 Sale 78** 100 ^ V<i 4** 4** 30 3K 12,2101 2,350 1 5,200 1 1,500 14 17 36 1 40 "l~360 8*4 Jan. 31 Jan. 3 1 10 f • 2 14 5 Mar. 12 —- 4** 454 79** Sale 52 V 100 1 10 Mar. Mar. Mar. Mar. 11 Jan. 22 1*4 Mar. 22 Mar. 31 42 1154 VA 1 ■hk 4801 450 Jan. Jan. 21 35*4 Jan. 5 4154 Feb. 19 4 4*4 554 1154 12 7** Sale 3*4 Sale Sale ..... 4521 1,800 3** 54 *4 6** 1 20 13 16** ** 5 4** 4X 94 ** cum 8 3 — ** ** 10** 5 15** 16 9** Sale 2** Sale 4** 100 23,2501 200 8 26 Mar. 28 19 430 8 Feb. 54 Jan. 6 9 37X 385* 41** 505* Sale 10 6 5 5** 9,100 Mar. 15 Feb. 4 Sale ::::: 2 450] 9201 13 4 2 300 260 4 13 Mar. 22 3** Mar. IX Mar. 22 Sale X X 100 Preferred Mar. 15 Feb. 29 Jan. 1*4 Jan. Jan. 13 8 2 3** 7Vs 4 3 40 20 5 122 1*4 Mar. 28 Mar. 1 Feb. 22 8 Va Feb. 2** Mar. 23 *4 Mar. 16 554 Mar. 1*4 Mar. 3** Mar. 12** Sale ** 9X 900 18 31 28 22 29 5 - Sale 850 300 50 Mar. Mar. Mar. Mar. 1** 2 2,730 600 3** ** ** 6A 6 2 Sale 8 Preferred. 5*4 Jan. Jan. 4 Mar. 15 2*4 Mar. Mar. 28 4 Sale 18 60 1,940 5 80*4 Mar. 2** Mar. 23 ** Mar. 5 1** Mar. 28 13 5 6*4 Feb. 19 12 Sale Sale Sale Sale Sale Sale 48*| 55** 3X 4 10 Jan. 5 66 5*4 Mar. 26 4 ** Jan. 5 5 1 4 2** Mar. 23 X Mar. 16 IX 13** 3** ** ** 6** 8 2 3,150 1,350 2,400 7,300 250 Fireman Mfg Co v t c—* Sale Sale 3% 15 ** 2 3** 3X IX Sale 15 Without warrants. Mar. 15 4 5 1 120 Indep Pneum Tool v t C—-* 352,600 Insult Util Invest Inc....—* •4 13 12 ..... 1,950 Hart-Carter Co conv pref...* 2,050 ormel 8c Co (Geo) com A..* 10,000 oudaille-Hershey class A..* 7.300 Class B .* Mar. Mar, Mar. 1 5 103 Jan. 27 11 X Feb. 1*4 Feb. 26 *4 Feb. 10 5 .... 41** 42** 51% ** ...... 67,400 Grigsby-Grunow Co com— 50 Ground Gripper Shoe com. 8,800 " 2 27 5 4% 20 1** 200 Greif Bros Cooperage A com * 300 Greyhound Corp com ' Sale 1 7% 53% 3X 2** A 34,700 Great Lakes Aircraft A 24,250 Great Lakes D 8c D com Mar. 654 Mar. 2 54*4 Mar. 29 14 Sale Sale Sale Sale 39 15 ..... 50 Gen Wat Wks & Elec A com.* HO Godchaux Sugar Inc cl B_. 700 Goldblatt Bros Inc com * «. 6,200 10,100 m 1% 17** 4** IX Preferred vot tr ctfs—...* — pf_* Gen Theatres Equip Corp— conv Mar. 2 Jan. Jan. 83 .5 140 Gardner-Denver Co com—.* 364 General Candy Corp A.....5 2 1 6 43 60 364 Mar. 31 27 Mar. 31 Jan. 54 Feb. 39 245 Fair Co (The) preferred—100 Fit* Simons 8c Connell Dock 950 8c Dredge Co com—_—..* 100 254 Jan. 17** Jan. 29 2 X Sale 2 100 6**% preferred.... 700 Va Mar. 29 8 *4 Mar. 15 54*4 Mar. 29 29 80** Mar. 13 2*1 t 7% preferred.—...—--100 400 8% preferred—— —100 20 Empire Pub Serv Corp A * 150 Sale Prices. 1454 Feb. Mar. 1 5** Mar. 26 ** Mar. 28 5 3 ? Sale 5 . Mar. 31 VA Mar. 1 X Mar 15 4 13 ..... IX 35 11,910 Highest. Prices. 1 3J_ 80 Eddy Paper Corp (The) El Household Util Corp.. .10 450 Empire G'flt F Co 0% pref.100 » 4 805* Sale 9 4 13** 250 - 3,600 Sale Prif*s 1*4 Mar. * Sale 6 11 1 5X Sale 3 2 * 1,375 Dodge Mfg Corp pref «— 16 54** Mar ^X Sale 103 Sale 25 100 15* 6 Sale ...... Va Mar. 29 15** Mar. 22 Sale Sale ** 65 3 12H 15* 360 De Met* Inc pref ww - 6 10 7 com 1 Sale ** 56 5* 5 Corp Sec of Chic allot ctf_—* Common Sale Sale 290 Curtis Lighting Inc com....* 100 Curtis Mfg Co com 5 20 1 % 7 116 X 117** Cord Corporation Crane Co Lowest. Highest. Sale Prices. Sale 15* 5 1 Sale 100 Cont Chic Corp common Lowest. Ask. 1 7 11** 15** 16 Sale Sale »*...» ...-5 6% prior pref A 99,950 20,815 203,950 35,500 60,950 2,880 1,470 March 31. Ask. Bid. Bid. 3 partic.. *3 X preferred 1,200 3,150 Consumers Co com 1.80C RANGE SINCE JAN. 1. 29 60 Construe Mat'l Corp com.. - March 1. Ask. 2H 17 h com* 118,550 Commonwealth Edison—100 192,550 Rights (New) 5C m Par. 131,650 Cities Service Co com.—...* 4,900 Club Aluminum Uten Co—* 87.05C mm STOCKS 340 Chicago Towel Co conv pref * 46.60C 3.50C mm Jan. 2 1932. 14,050 Chicago Investor* Corp com * Convertible preferred * 4,650 400 Chicago & N W Ry pref —100 30 Chic N S & Mllw pref 100 190 Chicago Rys part ctf ser 1.100 270 Part certifs series 2 100 2C 16C 7C 5( 57 EXCHANGE Price Since March. CHICAO.O STOCK EXCHANGE STOCK Feb. 3 Jan. 11 Jan. 5 Jan. 11 Jan. 14 Feb. 19 ' Price STOCK "EXCHANGE Jan. 2 Since In STOCKS 1. Jan. March. * 1,150 Muncle Gear Co cl "A" Com'i on * 1,900 1,750 Muskegon Mot Spec conv A.* 1,650 h 8k 90,300 4,750 National Leather 100 6 National 80 430 350 600 3,000 3,050 3,550 8,900 8,600 6,800 $3 ...*10* 2 k k Pub Service Corp— conv preferred. Trust— pref. * 15 1 2 13 Cumul. 24 k Nat Secur Invest Co com 100 650 Nat Union Radio Corp 100 44 k * cumulative pref 1934 34 National Standard com ...» 6,450 1,450 350 100 com 190 7% preferred 400 Ontario Mfg Co 50 Sale 20 5 8 5k * < 20 20 380 23 Mar. 23 •» — — — 11 14 15 — 2 100 100 1,070 1,770 6 3 85 5k Sale 5 100 6% preferred.. Penn Gas 8c Elec A * com 22 k 5k 15 k 5 2k Mar. Mar. 28 3 1 20 7 7,600 ■ 850 100 350 17,050 1,275 850 900 ' lk 35,215 Rights 23 k 2,050 Perfect Circle (The) Co » 5 4 15,450 Pines Winterfront com k * 1,450 Polymet Mfg Corp com 200 Potter Co (The) com lk * 3k 1,850 Process Corporation com.,.* 121 23,125 Pub Serv of Nor 111 com Common 100 114 1,700 6% preferred. 100 100 2,520 7% preferred... 100 104 1,590 2k 64,500 Rights Sale 3 4k Mar. 20 20 470 lk Mar. 18 9k Mar. 31 lk Jan. 13 75 Feb. 17 Mar. 31 15 5 Mar. 19 180 550 Reliance Mfg Co 2,200 1,800 1,050 50! 15 * "19" 20 19 * * k 9k Rollins Hos Mills conv Ross Gear St Tool com pref.* com 910 Sally Frocks Inc com ..* 2 100 400 Sangamo Electric Co • 14 100 260 Seaboard Pub Serv Co $6 pfd * "27" 120 550 Signode Steel Strap Co pf_30 160 460 7k lk "4,850 12,200 Common 100 ""150 800 1-16 Purchase warrants So Colo Pow Elec A 1,850 3,700 1,100 2,150 1 * 14k 25 com. Southern Union Gas South East G & W part A...* k 10 370 Southw G&E Co 7% pref.100 120 Southw Lt 8c Power pref....* 770 Standard Dredge conv pref.* 130 _ «. • — _ 70,900 Swift & Co 19,300 58,800 10 Swift International 250 stk First preferred....... 810 30 Tenn Prod Corp com 170 " l",605 4,750 Thompson (J R) com 1,150 Transformer Corp of Am 50 100 * 25 com" 310 12th St Store pref A 310 ■ 1,550 / United Amer Util Inc 9 2,550 500 United Gas Corp common 550 United Ptrs & Pubs com Convertible 300 * "9", 850 37,500 10 610 U S Gypsum Preferred ' 400 250 500 Vorsec Co part pref — 1 6,850 Vortex Cup Co Class A 2,750 3,800 6,350 9,150 Wahl Co Warchel 120 460 90 ■m - - - - - 600 230 190 150 400 7,800 400 650 2,700 * ... ..... * 38 87 Sale lk 10 12 k Sale k lk "4 k Common k k k 250 Convertible preferred { Mar. Mar. 1 4 9k Mar. 1 85k Mar. 14 1 8 8 Mar. 19 *8 .5* Sale k 19 Jan. k 4k 8k k 2k Sale Sale Sale 8 8k 7k lk 9k 2k k Sale 25k 22k 3k lk 14 k 21 4 Sale 22k Sal Sale 3k 2k 12 21k k 25 4k 8 14 Sale 21 Jan. Jan. 12 38 Jan. k Mar. 31 7k Feb. 24 26 12 20 14 8 lk Mar. 12 7k Mar. 7 lk Mar. 3 k Mar. 31 7k Mar. 24 Mar. 3 Mar. 11 k Jan. 22 k Sale 10k 10k Jan. 19 2k Mar. 7 lk Mar. 14 13 lk Mar. 31 16 1 51 Mar. 23 69 Jan. 16 Mar. 2 48 Mar. 2 59 Jan. 2k Mar. 1 k Mar. 5 12 14 18 5 7 18 31 48 2 _ 2k Mar. 11 3 4 Mar. 2 5 ii 1 6k Mar. 31 Mar. 31 Jan. lk Jan. 58k Jan. k Jan. Feb. Jan. 3 4 2 18 11 3k Jan. lk Feb. 2k Jan. 68k Jan. k Jan. 6k Mar. Jan. 4 3k Feb. 2 28 3 19 Mar. 9 2 3k Feb. 16 k Feb. 10 20k Mar. 28 25k Mar. 3 18 33 33k Mar. 28 38 44 Jan. 84 Mar. 14 88 4 3 33k Mar. 28 86 Mar. Mar. Mar. 14 95 Jan. 9 2 Jan. Feb. 10 13 Jan. Mar. 11 11 Fob. 26 Sale Mar. 22 19 l2" Mar."li 14 k k Mar. 3 2k Mar. 11 15k k 4k 4k Feb. 84 lk 8k k 2k 10 Mar. 5 Mar. 3 Mar. 11 Mar. 8 Jan. lk Mar. 24 k Jan. k Feb. 16 lk Mar. 24 Jan. 4 2k Feb. 11 1 k Sale Mar. 25 3 2 Jan. 2 9 8 Jan. 4 Mar. 11 4k Mar. lk Mar. 6 4 5 1 lk k Mar. 18 2k Mar. 7 k Jan. k Mar. 17 22k Mar. 17 4 3k 10k Sale 1 Sale 8k Mar. 24 19 Mar. 24 k Mar. 9k Mar. 28 13 k Mar. 21k Mar. 2 k Mar. 1 Mar. 2 lk Mar. 3 11 16 3k Jan. Feb. Jan. 19 18 19 8 5 Feb. 25 12k Jan. lk Jan. 14 8 9 Jan. 3 2k Jan. 19 15 19 23 k Jan. Feb. 2 19 4 Feb. 19 lk Feb. 14k Jan. 11 Ilk Feb. Jan. 10 2 22 3 22 28 Feb. 4 114 4k Mar. 21 lk Mar. 26 k 23 k Jan. 2k Jan. 20 lk Feb. 19 Mar. Mar. Mar. 9 13 21 Jan. 5k Mar. 31 4 k Jan. 4 Jan. Jan. 25 2k Mar. k Mar. 2 Sale Feb. 5 32 20 Feb. 5 15k Mar. 5 lk Jan. 15 4k Mar. 11 8 Jan. 105 Sale 3 18k Mar. 31 5 109k Mar. 30 12k Mar. 9 1 Mar. 9 9k 9 25k Mar. k Mar. 23 4 Mar. 2 2 Mar. 12 k Mar. 11 k Mar. 23 k 10 Mar. 24 13 1 Mar. 11 2 1* k 9k 5 24 13 66k Mar. Mar. 23 Mar. Jan. lk Feb. k Jan. 13 2k Mar. 7 lk Mar. 14 lk Mar. 31 k Mar. 14 Mar. lk Jan. 3 Mar. 1 2k k Jan. 12 k Feb. 14 Mar. 16 13 21 18 8. 27 Jan. 17 3k 2k 9k 10k Jan. Jan. 4k 17 k Sale 20 5 k Mar. 15 20 20 8 Jan. 19 44 18 k Sale 18k Mar. 110 116k 108 k 109 k 109k Mar. 5 k Sale 10 k Sale 5k Mar. Sale Sale Sale 8k 9 2 2k 4 Mar. 31 2k k 14 23 14 15 Mar. 28 2k 9 13 2 lk Mar. 24 Ilk Mar. 19 Mar. 24 10 k 5 21 Mar. 10 Sale 23 4 Mar. 19 1 2k 2 3k 18 Mar. 15 k Sale k 9 5 4 2 2k Mar. 11 lk Mar. 3 lk 12 k 12 12 51 6k 2 16 8 Feb. 8 i 8 k Mar. 7k Mar. 30 57 84 k Feb. 20 48 3 — Jan. 7 Mar. 31 60 — 7 k Mar. 8 9k Mar. 12 51 2 8 Feb. Mar. 24 Mar. Mar. 9 9 lk Jan. 27 k Mar. 16 6k Jan. 18 Jan. 5 k Feb. Mar. 6 103 77 Feb. 8 107 k Mar. 100 Feb. lk Jan. k Mar. 21 6 17 k Feb. 15k Jan. Jan. 2 2 1 Jan. 2 ik Jan, k Jan. 9k Jan. 7 k Feb. 15 82k Jan. 15 85 k Mar. lk Mar. 2i 1 2 4k Jan. Jan. 73 Mar. 31 125 Feb. 72k Mar. 31 115 60k Mar. 28 104k Jan. Jan. 70k Mar. 26 114 3 Jan. 1 Jan. 30 i Mar. 17 1 * 1 3 10 4 10 76 61 Sale 30 34 25 3 Sale 470 Waukesha Motor Co .... * com Sale * 1 ♦ 2 » 3 3k 4k 670 Western Grocer Co com....25 4 6 1,210 Wayne Pump Co com Convertible preferred 1,650 .... 100 Western Con Util Inc A West P L 8c Tel class A * 3k 6k 3 4 3 3 k 3k 2 3k * 10 550 Vates-Amer Mach part pref.* (Chic)..* Zenith Radio Corn com. HJx-dJvid»iid. 25 5 com * lk 10 Ilk 1 1* ----- 1 3 4 lk Feb. 11 8k Mar. 24 17 Mar. 24 23k Jan. 6 k Mar. 1 9k Mar. 28 lk Jan. Ilk Jan. 25 14 1 4 k 2 24k Mar. 29 k Mar. 24 2k Mar. 30 Sale 1 lk Mar. 2 Mar. 1 72k Mar. 10 27k Mar. 23 1 Mar. 4 2k Mar. 15 3k 2 Mar. 28 3k 4 Mar. 4 3 Mar. Feb. Jan. 34 Jan. Jan. 1 7 14 29 4k Jan. 29 21 4 6 Jan. 4 Feb. 4 7 Jan. 10 Mar. 31 49 Feb. 7 1 26 8 Feb. 26 3k Feb. 18 Jan. 15 4 2 10 Mar. 31 7k 3 k Sale 5k Mar. 29 6k Mar. 29 3k Jan. 3 3 2k Mar. 31 3k Mar. 31 3k Mar. lk Mar. 3 3k Sale 10k Ilk k Sale Sale 2k 3 Ilk 13 k Sale 10 1 Mar. 28 Mar. 10k Mar. k Mar. 13 Mar k Mar. 26 1 2 30 Mar. 28 Mar. 4 Jan. 35 10 3k Sale 3 4 73 Feb. Jan. 4k Mar. 32k Mar. 14 5 lk Mar. 1 60 5 6 3 29 24k Mar. 29 k Mar. 24 2k Jan. 30 4 61 31 3 6 lk Mar. 70 69 5 Sale 60 com 24,300 Wisconsin Bankshares Yellow Cab Co Inc 5k 3* .._* Wieboldt Stores Inc 750 Williams Oil-O-Mat ... k 2k 100 360 ..7% preferred Mar. 103 4 3k Mar. 107 k Mar. 23 k k k lk 1 X ] lk 60 No par value. k Mar. lk k * 2,500 6,200 1 5 3,075 Ward (Montgom) 8c Co cl A_* 2,450 Mar. 99 Mar. 7k Mar. 2 Corp— 250 2,182 1 k 11 27 12 k Mar. 26 lk Mar. 18 20 Ilk com 7* 36 2 • com 34,100 Walgreen Co lk 116k ._* 13 60 2k 4k 18k Sale 23 k Sale 2 100 com 5k 2 1 Sale ...... .... ^ 1-16 57 44 Mar. 95 Mar. 28 Jan. 20 2 Mar. 1 3 14 20 5k Jan. 2k Jan. 22 Mar. 3 1 8 1 2 Sale 3 Jan. k Jan. 22k Jan. 15 lk 1 ..... 2k 450 Van Sicklen Corp part A....* 300 Viking Pump Co Pref * Common 500 .* 50 - k "2l" 100 2k Jan. 5k Jan. 32 * 20 * 48,460 U S Radio & Telev com 9,650 Utah Radio Products com..* * 12,800 Utility & Ind Corp com Convertible preferred • 18,750 1,150 Utilities Pow & Lt Corp A..* Common non-voting * 1,100 13,610 1,950 —. 66 k 48 55 20 1 Mar. Mar. Mar. Mar. Mar. 15 1 1 Mar. 23 27 11 Sale k Sale 9k 9k 16^ Feb. lk Mar. 24 Ilk Mar. 19 Sale 10 12 Sale 2 69 57 * preferred 13 lk * 10 United Pub Util $6 pref 1-16 Mar. k Mar. 7k Mar. 11 Sale 1 7k lk Feb. 4k Mar. 31 7 Mar. lk k 7k 83 k 11 8 16 100 Mar. Mar. Mar. Mar. 16 21k Jan. 60 Mar. 28 19 k 7k Sale 1 k 3 14 k 22 * com 2k 12 1 J * ..* 550 United Dry Docks, Inc com.* 350 2,380 lk Ilk k 850 Unit Corp of Amer pref 550 iw*. 90 260 20 Wacker Drive $6 pref.. * 700 Union Carbide ft Carbon...* 90 w 16k 45k 94 Sale 12k H 21", 050 250 I 2k 40 • com 9* K& k 96k 101k k 20 19 20 22 Sale * 200 Sutherland Paper Co com 5,500 52 3k ' 15 21 1,000 Super Maid Corp 700 — 62 98 k 37 35 1,450 Telephone Bond 8c Share A.* 160 3,900 10 15 * 50 Standard Telephone pref...* .._.* 100 Steinite Radio Co 310 Storkline Fur conv pref....25 - • 3,950 6,100 % 25 Common 700 150 Standard Pub Service A — — — „ Sale Sale 1 lk lk 3 68k 100 k 5k 6 3 3k 3k 6 18k Sale 1,870 100 m, Sale 3 • com Sale it* Convertible preferred * Seaboard Util Shares com.. • 440 76 84 300 _ Sale 69 k Sale 8K Preferred 2,050 Ryerson 8c Son Inc 1,350 66 17 14 102 Mar. Sale Feb. 75 2 2 7 lk Mar. 23 6 Mar. 72k Mar. 60k Mar. 70k Mar. 81k com 150 Ryan Car Co (The) com 150 73 100 lk 650 Reliance Internet Corp A..* 80 3k 2 Jan. 24 15 k Mar. 5 lk Mar. 18 k Mar. lk Mar. 3k Mar. Sale 4 Mar. 28 Mar. 2 Jan. 4 42k Mar. 23 9 5k Jan. 6 3k Mar. 31 4 14 20k Jan. 8 h Jan. 4 15k Mar. 11 4 Mar. 10 27 k Mar. 16 3k Mar. 10 Mar. Sale Common. 10 850 Raytheon Mfg Co 105 Jan. Jan. 13k Mar. 28 k Jan. 11 7k Mar. Mar. 3 72 k 103 15* ilH * 150 a Sale 24 30 Sale k Sale ik 2k 23 k 3 k k Sale 97 k Sale Sale Sale 104 k 105 1 1 k lk 17 16 17 Sale lk ik lk lk 1 k Vs lk 9 k Sale 7k Sale 83 k 85 k Sale 13 k 8 8 Sale 200 1,150 107 Sale 88 k 100 k .... 350 95 k 99 105 Jan. 2 45 2 20 2 Mar. 29 6 Sale k 81,700 Q-R-S De Vry Corp (The)... * 8,605 Quaker Oats Co com Preferred 100 1,230 3,350 Railroad Shares Corp com..* 10 1,300 Rath Packing Co com 1,250 100 125 14 2 4 6 Feb. 20 k Jan. 3k 73 Sale Sale 101 125 ... 22,550 2,090 Sale Sale k k lk 5 3k 4 3 k 12 15k Mar. 12 5 Mar. 4 Mar. 28 4k Mar. 31 4 6k 25 k Sale Jan. Jan. k Mar. Mar. 28 2 14 15 k k Sale 1 3 14 Sale Sale 24 k Jan. Peoples Gas Lt & Coke— ""466 12 5k Jan. 5 40 6 5k Feb. 10 19k Jan. 2 Mar. 31 3 33 6 8 2 2 * .... 1,200 Parker Pen (The) Co com.. 10 1,010 Peabody Coal Co B com.. • 200 •» Convertible preferred 2 3 19 3 15 11 11 18k Mar. 7 5k Mar. 19 42k Mar. 4 25 Mar. 14 4 20 4 * Common. 15 lk Mar. 23 42k Mar. Oshkosh Overall Co— 370 Mar. Mar. Mar. Mar. Mar. 13 28 45 6 5 5k 2k Mar. Mar. 11 5 10 k Jan. 2k Mar. 16 Mar. 31 Mar. 19 15 Sale 15 7 lk Mar. 18 9k Mar. 31 lk Mar. 11 lk 2 9 k Sale 2 23 54 8 3k k 35k 18k k 15k 5k 9 Mar. 31 13k Mar. 28 k Mar. 15 10 Mar. 4 3k Mar. 31 13 .... 18 k 5k 59 100 com 2 18 5k 70 60 Sale lk Sale 21 Sale 2k 12 k 2 85 ..... com 50 550 Northwest Eng Co com * 120 Nor West Util pr lien pref.100 10 2 1 No & So Amer Corp A com..* 8,250 Noribwest Bancorp 200 5k 5k 1734 Nor Amer Lt 8c Power com..* 50 Nor States Pow A . "2",250 12 "s" "~6~~ 900 Nor Amer Gas 8c Elec cl A__* 200 4,500 Sale k lk 18 k 15k Mar. 15 Feb. 29 13 Jan. Feb. 2 k Mar. 1 9 k Feb. 10 Mar. 16 5 15 7k Mar. k Mar. 33 Sale 14 k k 12 k Sale 3 k Sale 33 37 35 Sale 21 lk Mar. k Mar. I 1 10 4,650 Noblitt-Sparks Ind Inc com.* » 4,550 North American Car com 3,250 2,700 7/£ y& Sale 3 2k 4 3** 2k conv. 16 Mar. 16 15 3 18k Nat Republic Invest i% k 9 Mar. 16 5k Mar. 9 Mar. 16 2k Mar 29 k Mar. 9 Sale Prices. 2 Feb. 15 k Mar. 30 k Mar. 26 -Jan. 6 k Mar. 21 k Mar. 21 15 19k Sale Highest. Sale Prices 9 ok Mar. 15^ 19 k Sale k k 7k 10 k Lowest. Highest. k Mar. 30 k Mar. 26 k k 6 5k 16 Sale Sale k % 19k 10 com lk k 15 k k 9k 9k 5 500 Nachman Sprlngfllled com.* * 350 National Battery Co pref .* 98,700 Nat Elec Power A part 100 Bid Sale Price* Sale Prices Ask. Ask Bid *k — 100 Ask. Lowest. March 31. March 1. 1932. Bid. Shares. Sharse. 500 RANGE SINCE JAN. 1. PRICES IN MARCH. CHICAGO AGGREGATE SALES. EXCHANGE STOCK CHICAGO 58 Feb. 18 2k Mar. 31 1 10 _ 4 lk Jan. Mar. Jan. 5 k Jan. 6 13 Mar. 26 lk Jan. 8 RANGE OF PRICES ON PHILADELPHIA STOCK EXCHANGE _ _ _ _ Shares _ Jan. 1 to March 31_ AGGREGATE SALES. In 1931. 1,228,341 2,923,996 1,685,067 Jan. Shares. BONDS 10,000 1,000 7,000 2,000 8,000 14,000 1,000 6,200 8,000 5,000 152,600 4,900 "5",006 4,000 7.000 1,400 1,000 2,000 i hares 1. Bid. 1,000 Adv Bag & Paper 6s 1952 2028 31,700 Amer Elec & Gas 5s 154,302 Elec & Peoples tr ctfs 4s. 1945 Certificates of deposit. 11,000 8,400 Georgia Power & Lt 5%«_1967 10,000 Interstate Ry 4s 4,000 Keystone Tel 5s 3,000 64,000 11,000 7,500 2,000 7,000 1 000 Lehigh Valley Annuity 6s Lehigh Vail Trans ref 5s.1960 Northern Penn 4s_... 1936 1966 1st 5s Phlla Elec Pow Co Phila Sub Co 4% Pub Serv El & Gas 4s 3,200 1,200 3,263 11,625 12 5,200 10 160 2,580 7,900 16 388 2,900 5,800 98** 30 30 62 132 2,852 2~7O6 3,500 32 95 84 85 600 95** 203,800 1,400 100 101 J* 100 Sale Sale 84** 85** •No par value. 4 Sale Mar. 28 W* 92 Mar. 30 Mar. 15 29** Mar. 30** Mar. 15 Mar. 26 87 Jan. 97 Mar. 3 Feb. 91 Mar. 28 93 83 100 100 Jan. Mar. Mar. Mar. Mar. Mar. 90 92** 87 97 98 95 Feb. Feb. 8* 8* & 30 Mar. Mar. Mar. 84** 85** 102 Sale 100** Mar. 101** Sale 104** 104** 103** Mar. 103** 104 103** Mar. 14 104** Mar. 23 95** Mar. 18 95** Mar. 18 Feb. Mar. Feb. Feb. Feb. 95** Feb. 84** Jan. Feb. 30** Mar. 15 92 Mar. 26 97 Mar. 3 91 Mar. 28 16 16 103** Mar 14 2 104J* Mar. 23 10 96** Jan. 2T 13 96** Jan. 12 Feb. 1 1 100 7 10 . 99 85 Feb. Feb. 8 26 91** Jan. 12 73 Mar. 10 75 Mar. 4 Feb. 8 91 Jan. Mar. 18 85 Mar. 18 Mar. 7 90 Jan. 33 M Jan. 5 9% Jan. 2 36% Feb. 20 10% Jan. 15 73 1987 ..... 90 84 9** >1 9 Sale 108 106 5** 111** 6 o J 10* 39 35% 13** Budd Wheel Co.... "II** Airport.. J...100 so! Traction of N Battery..100 Fire Association 10 ... Horn & Hardart (N Y) com..* 10 en 105 115 26** Preferred 30 7** 2** 1 in 34% 9 10 Sale "'1% Sale 13 38 14% Sale 10 26 31 Sale 100 33** _35** 10** 13** 11 2 Sale 1 3 2** 65 Sale J* Mar. 7 86 34% Mar. 29 36% Mar. 20 10 Mar. 19 9% Mar. 8 Mar. 14 109** Mar. 26 113 106 7 "3"" Sale "I"" Sale" ..10 2 "3 36** 40 Mar. 8 26 7 Mar. 11% Mar. 10 Mar. 11 2 1 1 Mar. 3 1 ** Sale 1** Mar. 8 9 5 '"2** Sale 15% Sale 25** 45 67 75 Sale 30 3% 4% 9% Sale 3% 3** 26 23 Sale 1 22% Sale 4 ""4% 3 40 42** 37 35 69% 94% 28** 108** 24 1** Shreve El Dorado Pipe L % 2 * 32 35 1 "1-16 """"% 50 Sale Sale Certificates of deposit United Gas Impt com new..* 2 35 Sale 3 Mar. 18 Mar. 12 98% 30** Mar. 9 108** Mar. 16 Mar. Mar. 23 26 Mar. 4% Mar. 19 Mar. 11 1 40 Sale 99 25 Mar. 17 1 5 14 % Mar. 22 22% Mar. 31 24** Mar. 14 Mar. 29 42% Mar. 30 98% 86 Mar. 23 Mar. 1 101 Mar. Mar. 14 Mar. 30 36% Jan. Mar. 23 Mar. 10 86 91 1** Mar. 1 60 6 59 5 40 Mar 17 15 Mar. 28 17 Mar. 7 18 Mar. 31 21% Mar. 7 8 94 Mar. 10 59 Mar. 18 59 Mar. 18 Mar. 23 Jan. *0 5 43 Sale 66 i* 45 6 48** 2% 4% 45 4 5% 47 4% Mar. 29 120* 30 5** Mar. 8 Jan. 8 11 8 22 14 14 30 5 21 26 Jan. 15 Jan. 9 Jan. Jan. Mar. 14** Jan. 17% Jan. 2% Jan. 3 Jan. 68 Jan. 3% Jan. W* 36 74 28 Jan. 1!* Jan. 7 Jan. 4 1-16 Jan. 6 5-16 Mar. 22 5 14% Jan. 6 14% Jan. 5 17** Jan. 89% Jan. 26 59 Feb. 20 Jan. Feb. 19 21 15 20 28% Jan. 20 26% Mar. 1 8 5** Jan. 35 Feb. 16 24** Mar. 14 42*1 IT8 7 101 % Mar. 31 32% Jan. 11 Feb. Mar. 30 Mar. 23 Mar. 10 Jan. % 40 7 13 Mar. 14 Jan. Jan. Mar. Jan. Feb. Jan. Jan. Feb. Mar. Mar. Jan. Feb. Jan. 2 29 4 Jan. 3** Jan. 4% Jan. 15 2 8 17 4 19 8 29 13 7 10 Jan. 11 80 ... i» % Mar. 31 6 preferred W Ter^v gr Seashore RR 8 4 Mar. 30 98 1 Mar. 2 % Mar. 16 5 Jan. % Jan. 25 92** Mar. Jan. 5 4 5-16 Mar. 22 59 Mar. 28 2 3% Jan., 8** Mar. 29 Jan. *A Sale * 24 Jan. % Sale .* 30 Feb. Jan. 91% Feb. 10 98% Mar. 12 28% Jan. 28 30?* Mar. 9 108** Mar. 16 108% Mar. 16 3 37 98 9 Jan. 3 ** 16** 88 Jan. 24 i-16~Mar. 24 91 15% Mar. 31 35 65 9 1 """% "1-16 ~""*i 19** Sale 2 7 1-16 89 16 Jan. Mar. 1-16 Mar. 24 Sale 91 60 6 Feb. Mar. % Sale 38** 40 18 1% Mar. 18 2 Mar. % Mar. 31 36% Mar. 5 15 6 1** Mar. % Mar. 31 ** Jan. Mar. ieH Mar. % Mar. 22% Mar. 24** Mar. % Sale * Common clasa B Mar. Mar. 10 72 ' ...1 new 100 98 1** Sale 3 . Mar. 22 Sale 25 Bridge.. Deve! Sale IVA Mar. Mar. Mar. Mar. 3% Mar. 8** Mar. 3** Mar. 24% Mar. 86 99 Sale 7 10 Mar. 30 63 "3% Mar. 15% Mar. 3% 39 6% preferred Utilities Corp 1 1** 2** Mar. "2** 25 Sale Sale 10 Mar. 14 25 14 14 Jan. 14 Feb. 18 3 9 14** Jan. Jan. 8 2 Feb. 3 22 33% Mar. 5 9% Jan. 13 Mar. 5 Jan. 9 6 Mar. 31 100 40 Mar. 28 9** Feb. Mar. 22 Mar. 17 65 53 ----- 38** 11 Mar. 70 31 25 26 25 30 Jan. 105 37 26"" "30"" deposit 3 90 33 Corp. Feb. 20** Feb. Mar. 10 Sale 6 112% Mar. Sale Sale Jan. 6 24% Mar. 29 6?* Mar. 5 8 J* Feb. 33% Mar. 7** Mar. Sale Sale 1 Mar. 31 28 3** 30 Mar. Mar. Mar. Mar. Sale Sale 8 Jan. & 90 96** 28** Sale 3** Mar. 2 20 12 Mar. 94** 94% 29% Sale 24 J* Sale . 2% Jan. 36 Jan. 90 18% Sale Sale 13** Mar 16 1** Mar. 5 9 Sale 30 13 Mar. 5 36 11 Sale 25 Jan. 9 90 28 50 8 10 14% 4 113 22 9** Mar. Mar. 35% Jan. Feb. 1% Mar. 30 Mar. 65 4** 14% 4% 26** 26% 1 ** Mar. Mar. 17 Mar. 3 Mar. 10 Mar. 3 25 30 3** Sale 2** 10** 3% 36% 13** Sale 92 .—-50 6 ""I**'Mar ."30 25 66 7% A 4 Ex-dividend 86 24% 6** % 107** 112% 108** 90 RR Second Mar. 6** Sale .2* Rapid Transit 7% preferred Preferred 86 25 24 36 74 Phila Insulated Wire Seaboard Mar. 18 26 22 * . Phila Shares 85 2** Mar. 22 2 38" 35% 12** Sale it* J.*> Prod pref Phila Elec of Pa $5 pref Kailroarl Mar. 18 71 85 6 6** Sale 112** Sale 25** Sale 30 28** 10** Sale pref..* Phila Dairy Phila Elec Pow pref. 22 100 ... cum 27** 34 110% 2 18* SP 10tf Bank Sec Corp 15** 26** Sale 7** 8 100 Preferred.. vl lit *V/s Sale 3% 50 Fire Insurance Electric Storage 89 86 35** Sale ♦ 100 Preferred Central 83** Mar. Par G) Mfg Co Camden Mar. 28 Mar. 29 91 Inc... ttudd (K Mar. 10 91 75 77 85 200 Victory Park Land Impt.... Warner Company * 88** 86 J* 29** 30** 91 95 Southeastern Pr & Lt 6s 2,200 90 23 1 932 U S Dairy Prod clasa A 1,600 30** Mar. Feb. 8 96** 30** Mar. 24 8 2,000 1,700 Tonopab Mining 11,800 Union Traction 200 600 32 26 Tono-Behnont 300 61",700 "87"" Sale" 97 132 Telephone Security preferred 2,900 30 Feb. Feb. 133 Tacony•Palmyra 28 800 ..... 86** Sale 31** Sale 39% "85"" "90" 800 Sentry Sufety Control....... " """800 99** ..... 28 20 Scott Paper series A... 1,630 Feb. 70 106 22 12 Jan. 14** Mar. 24 Jan. 21 Feb. 240 24 86 8 80** Jan. 24 Feb. 23 17 107 8 30** Mar. 8 5 99** Jan. 30 2 75 Jan. 14 4 88** Mar. 4 18 87** Mar. 8 Feb. 5 30 35 Feb. 5 Reading RR 1st pref 800 Reliance Insurance. 364 Scott Pater 20 90 70 Feb. Feb. 310 Reading 142 1 14** Mar. 24 68** Mar. 8 90 250 Phila Traction ctf of 1,089 90 60 14 29 Feb. 6 28** Jan. 23 Mar. 29 Mar. 8 5,809 Phila & Reading Coal & Iron. 3,865 Philadelphia Traction \5 250 9 90 14** Mar. 24 68%iMar. 8 86 16 Phila Germ & Norrist'nRR 50 358 1,300 1,760 14** Mar. 24 68** Mar. 8 Jan. 99 71,400 Pennroad Corp 50 90,600 Pennsylvania RR 700 Penna Salt Manufacturing.. 960 Mar. 107 Mar. 17 87 Mar. 14 85 890 Lehigh Valley 1,700 4,300 167 305 74 4 9 100 13,700 I nsurance Co of N A 373,000 Lehigh Coal & Navigation 67 909 68 25** Mar. 23 26** Mar. 9 Prices. 65 86 Reading improvement 4s Safe Harbor W Pow 4V$s_1979 30 Penn Cent L & P 1,450 74 27** Mar. 26** Mar. Mar. 14 Sale 1944 232 (I) Fishman & Sons——... 390 Horn ik Hardart (Phila) com.* 40 2,600 68 70"" "74" J1971 STOCKS 900 300 w Keadng Terminal 5s__ Reading Terminal 5s 125 Con 23,300 28 65 Highest. Sale Prices. 65 Mar. 14 Feb. 6 w* Feb. 16 24 24** Feb. 25 - 690 Cumbria Iron.... " 16"6oo 5%k..I972 6,800 American Stores.. 3,700 Hankers Securities pref 4,125 Bell Tell Co of Pa pref 4,300 1,800 26 Lowest. Sale Prices. Penn Cent L & P 4%s. 6,000 York Rys 1st 5s 1,400 275 600 28 28 1.000 Wil & Chester 6s— 825 4,400 14,900 26** 106 24% Highest. Prices. Mar. 14 Sale 65 7.000 Straw bridge & Clothier 5s '48 46,000 70 l",465 Ask. .. 1.000 Peoples Pass 4s T C ctf dep... 24,500 Phiia Elec (Pa) 1st s f 4s.l966 1st 4%s series 23,000 1967 1st & ref 4s 1971 10,200 533,100 192,600 9,000 13,000 1,000 5,000 1,000 47,000 Lowest March 31. Bid. —... 370 RANGE SINCE JAN. 1. ..1948 Lehigh Nav cons 4 25 Bornot 5,025 Ask - 1935 2,000 Pennsylvania 5s_ —1968 Penna Pow & Lt 4H> 1981 16,000 Peoples Pau tr ctfs 4s—1943 11,810 300 Bid. 26,000 ~4'306 1,200 Ask. Lehigh Power 8c Light 6s—: Sharer 3,000 1,100 March 1. 1932. Shares. 1,000 2,200 MARCH. Price Jan. 2 March. 40,506 $1,544,800 4,373,700 $392,300 1,518,073 Jan. 1 to March 31__. IN 1931. 1932. March. PRICES PHILADELPHIA STOCK EXCHANGE Since 1,000 Bond Sales. 1932. 530,695 Stock Sales. March 46 Jan. 9 25 11 Feb. 9 Mar. 8 Jan. 13 RANGE OF PRICES ON BOSTON STOCK EXCHANGE Stock Sales. 1932. Shares March 1,811,444 Jan. 1 to March 31-_---____„ 2,301,513 PRICES STOCK EXCHANGE Since In $ 9,000 18,000 7,000 9,000 31,000 3,000 3,700 4,000 "i",666 33,000 11,000 4,000 3,000 aer 51 Jan. 5 31 38 Feb. 15 43 Feb. 55 Feb. 23 Mar. 26 47 3 47 83 94%JMar.28 90 Feb. Feb. 23 Mar. 3 Jan. 14 84 95 91 Sale 92% Sale 17% 24 Sale 28 100 48% 8c Maine 33 Mar. 24 Mar. 15 53 Mar. 18 31% 31% 33 % 33% 53% Mar. 9 Mar. 5 Mar. 26 Mar. 24 Mar. 29 48 53 58 7 100% Sale "80"" "85" 91% Mar. 7 80 100% Sale Mar. 19 100% Mar. 3 100% Mar. 23 48% Mar. 29 48% Mar. 29 48% Mar. 29 48% Mar. 29 100% "80" l66" 24 §1 " "99% 100 76 Sale 130 124 115 Sale 72% Sale 72% 115 Mar. 28 125 Mar. 75 Mar. 10 45 16 12 58 15 — -- - Sale 3 9 100 100 ...100 51c 5 2% 75c 19% 23 15 30 33 10 55 10 45 157 135 140 94 35 Mar. 11 Mar. 28 13 Mar. 24 Mar. 14 1 .... 5 1] 20J 2 50 86 18 1% .100 ....... 1,195 Boston Personal Prop Trust 1,177 Brown 8c Co pref 1% 15 — m. — »'■ * 87 — 1.00 55c 55c 6 23% ~5~ 3 1 3 89 95c Sale 92 1.00 S* 1 19% Sale Sale a % 2% % \Y* 1 2% Sale 13 730 East Boston Land 10 3,842 Eastern Gas & Fuel Assn com 1,465 4%% preferred........ 100 3,419 6% preferred 100 6,891 Eastern SS Lines. Inc new 976 324 891 1,245 836 225 Preferred. ""2,895 64 1% Sale .... 2% Sale 1% 1% 1 1% Sale 1% 15 11 % 2% 1 2 100 * 1 56 100 70 8 ..... 1 1% Feb. Jan. 25 8 3 1% Sale 2 Sale 5 Jan. 1% 89% Mar. 50c Mar. Mar. Jan. 4 Jan. 16 62 Jan. 15 Jan. 15 12% Feb. 26 24 Jan.-7 24 92 3 153 9 50c Mar, 14 Sale 85 15% 16% 35 36 82 Sale 18 Sale 7% 4% 12 1 8 5 Sale ~80"" "95" 15% Sale M 17% 6% 3% 20% 7% 18% 8 4 Sale 39 85% Sale 16% 8 15% 4 Sale 9% 17 6 3% 3% 18% Sale 32 50 Jan. 5 Feb. 24 Mar, 18 85 Feb. 13 Mar. 3 153 Mar, 9 50c 5 4 Mar. 11 96c 19 Mar. 31 26% Mar. 5% Mar 3 90c Mar. Mar, Feb. 2 Mar, 11 5 Feb. 5 Mar. Jan. 3 21 Jan. 22 Feb. 8 Mar, 30 8 Feb. 17% Jan. Mar. 18 k Jan. 13 Jan. 15 Jan. 19 98 Mar, §8 Mar, 16 100 Feb. 1 91% Mar. 3 15% Mar. 31 95 Mar, 87 Jan. 6 100 Jan. 12 23% Jan. 22 Feb. 4 % Mar. 28 Mar. 30 2 % Mar. 10 2 Mar. 10 15% Mar, 31 19% Mar, 1 Mar. •% 1% % 1% 6% Mar. % Mar, 2% Mar. Mar. 28 2 Jan. 4 Feb. 5 Jan. 3 9 6% Feb. 29 Feb. 3 3 Jan. 14 14 Feb. 9 2% Feb. 2% Feb. 16 Feb. 5 137 107% Jan. 5 4% Feb. 3% Jan. 16 14 Feb. 19 3 15 Mar. 21 20 Mar. 14 Jan. 5 22 Feb. 19 70 Mar. 16 70 Mar. Feb. Jan. 16 Mar. 26 12 Mar. Jan. 11 4 70 10 65 8 5 Mar. 29 8 Mar. 5 Mar 29 1% Feb. 25 7 60 Mar. 3 Mar. 12 1% Mar. 10 Mar. 9% Mar. 2 63% Mar. 18 Mar. 24 7 1% Jan. 1% Jan. 11 12% Feb. 13 9% Jan. 27 1% Feb. 25 Feb. 1 7 Mar. 28 2 1% Feb. 1 Jan. 27 11 120* Feb. 64 Jan. 4 70 Jan. 28 Jan. 2 9 Jan. 14 34 Jan. 15 82 Jan. 4 Feb. 16 58 Mar. 7 8% Mar. 5 7 Mar. 23 85% Mar. 31 62 35 35 Mar. 85% Mar. 205 2 9 20% Mar. Mar. Mar. Mar. Mar. Mar. 9% Mar. 171% Mar. 7% Mar. 11% 5% 3% 18% 8 57% Mar. 30 15 Mar. 57% Mar. 7% Mar. 5 7 Mar. 4 Mar. 19 24% Mar. 2 Mar. 2 4 4% 6 92 3 153 15 Mar. 16 Mar. 23 4% Mar. 72 ..... 14 14 Mar, 14 19 135 18 173 Jan. Jan. 24 Jan. 90c 1% Mar. 60% Sale 57% Sale 16 Jan. 21 26 Mar. 30 1 Sale 5 35 4 2 8% 2 15 Jan. 130 2% \ 14 22 12 2 .... Sale 299 Hathaway Bakeries class B__ Class A 125 125 10 12% 1% Sale Sale .... 6 15 .... 8 8 ... 13 70 60 "68"" 190 583 Gilchrist Corp 24,275 Gillette Safety Razor Co * 235 Greenfield Tap & Die......25 225 11,631 Sale 68 Jan. 76% Jan. 5 130 72 Mar, 110 Mar. 28 135 109% Sale Mar. 3% 3% 3% Mar. 24 4% Mar. Sale 7 4,355 General Capital Corp.. 116 Georgian, Inc (The) A pref.. 1,415 Sale 4 60% Sale 64 6,266 Edison Elec Illumination.100 9,132 Employers' Group Assoc T C. 3,810 108% Jan. Mar, 28 14 7% 60% 31 175 First preferred.. 255 Economy Grocery Stores 10 52 10 750 Continental Securities Corn 2,725 Crown Cork Internat Corp.. 20 Jan. 32 98 15% Sale Sale Sale 1 2 22 99 95 91% 100 18% Sale 125% 116% Sale 3% 3% 3% 17 17% Sale 9 50 Brown 8c Durrel Co common. 1,230 Feb. 11 ..... 228 100% Jan. 2 48% Mar. 29 48% Mar. 29 85 Jan. 14 99 Jan. 19 99% Jan. 48 % Mar. 48KJ Mar. 35 Mar. 132% 140 100 18% Sale 65c 89,718 Amer Telep 8c Teleg 100 2,005 Amoslceag Mfg Co ...» 1,119 Bigelow-Sanford Carpet... • 270 Feb. 23 Feb. 18 Mar. 19 4 49 21 24 100 75c Preferred 24 Jan. 68 150 Amer Pneumatic Service...25 Preferred 1,455 ........50 First pre .'erred 5 50 2d preferred 20 43 60 Mar. Mar. 49% Jan. 15% Mar. 12 19% Mar. 11 21 39% Sale 10 12% 153 Preferred B ... 50 13 40 -- 1,466 Amer 8c Continental Corp 18 70 Feb. Feb. 33 35 72% Mar. 18 9% 46 100 MI SCELLANEOUS— 2,371 American Founders Corp 360 Feb. 22 Jan. 23 10 73% 100 19,829 Pennsylvania RR... 445 95 91% Mar. 20 99 117% Sale 8% 87 Norwich 8c Worcester pf.100 222 Old Colony 100 24,821 85 4 31% Mar. 9 31% Mar. 5 33% Mar. 26 33% Mar. 24 53% Mar. 29 96 Jan. 5 91% Mar. 7 15 100 Adjustment 8 17% Jan. 80 99% Pref 14,208 N Y N H A Hartford 200 Preferred 345 31 "22 """Mar ."15 Ser C 1st pref stamped..100 Ser D 1st pref stamped..100 20 25 25% Mar. 1 29% Mar. 22 91% Mar. Ser A 1st pref stamped__100 Set B 1st pref stamped 100 530 810 29% Sale ----- __ 641 East Mass St Ry Co.. 100 First preferred.........100 395 1,715 Mar. 96 219 Chic Jet Ry 8c U S Y pref 100 Common 110 85 65% Mar. Par. 194 Boston & Providence '"""27 1 5 70 Sale 1957 Class C 1st preferred 116 ""325 Mar. 91 33 Common stamped 169 10 175 83 65% Mar. 60 23 1,907 Boat 8c Maine prior pf stpd 100 12 Mar. 26 58 "83" "Mar ."26 81 90 20 STOCKS ""16 9,822 Sale 53 1940 990 4,253 58 27 21 Indianapolis Pr & Lt 5 65 30 46% 1948 4%s Highest. Sale Prices. 27 "I" "96" 1396 273 100 Prices 61 J948 Illinois Steel Lowest. Sale Prices. Highest. Sale Sale Prices. 55% .....1948 Hood Rubber 7a 130 10 122 Ask. 65 Serlea D 6a Series C Lowest. March 31. Ask. Bid. Series B 5a 15 Boston 1,096 Bid. 54% A 4H« 1948 1,253 Boston & Albany 6,042 Boston Elevated 1,483 RANGE SINCE JAN. 1. IN MARCH. 50 2,000 Kan City Mem 8c Blrm 4a. 1934 Income 5a 1934 2,000 33,000 Mt Hope Bridge Flat 6%s '57 68,000 New Engl Tel «c Tel 5a...1932 4,000 Nor Am Lt & Pr A 5%s..-1956 Series B 3,000 1956 4,000 P C Pocahontas deb 7a 1935 1,000 Sevilla-Biltmore 7%s 1937 327 March 1. Ask. 25% 24% Shares Sharet 1932. 1948 56,000 Amoskeag Mfg Co 6a 1946 12,000 Brown Co 5 M* 5,000 Canad'n Intl Paper Co 6a.l949 19,000 Chic Jet Ry & IJ 8 Yda 4a. 1940 5a. 1940 22,000 East Mass StRR 732,400 Price Bid. 69,000 61,000 6,700 3,700 5,000 1,000 1,000 587,450 Jan. 2 BONDS 1. Jan. March. $184,000 Jan. 1 to March 31. BOSTON aggregate sales. $268,550 March 719,548 1931. 1932. Bond Sales. 1931. 553,604 ■ Mar. 11 18 70 9 4 3 Jan. 36% Jan. 20 4 85% Jan. 16% Jan. 15 Mar. 171% Mar. 29 205 9% Mar. 7% Jan. 15 11% Mar. 23 5% Mar. 19 3% Mar. 26 10% Jan. 5 20% 8% 5% 24% 2% 2 Jan. 12 9 4 Feb. 8 6 81 Mar. 11 72 Mar. 11 81 Mar. 31 24 Mar. 3 18 Feb. Mar. 21 72 Mar. 7 70 Mar. 21 Mar. 31 9 Mar. 31 9 Mar. 17 2 9 Mar. 5 Feb. 13 Jan. 8 Mar. 3 Jan. 14 Jan. 7 Mar. 11 Hygrade-Sylvanla Lamp— 207 , 1,131 30 69 Com srk ... 18 Sale 65 21% Sale tr ctfs Preferred 68 1 24% Jan. 75% Jan. 4 Jan. 2 5 internat Button Hole Sew¬ 50 350 15 90 8,367 335 150 ing Machine Co.. 1© 4,260 Jenkins Television Corp 136 Llbby McNeil Llbby 786 Loew's Theatres com. 10 9 1% 3 25 8 23.489 Mass Utll Associates ▼ t c_... 592 Mergenthaler Linotype...100 2 ..... 10 Mulllns Mfg Co •No par value, a Assessment paid, 11 1% 3% 8% Sale 53 9 60c 3% 8% 2% 42 10 90c 4% Sale Sale Sale Sale 60c 3 8 80c 4 8% 2% 2% 39% Sale 60c Mar. 4 3% Mar. 16 8 Mar. 3 2% Mar. 18 39% Mar. 23 80c Mar. 4 3% Mar. 16 8% Mar. 1 2% Mar. 9 43 Mar. 16 % 3% 7% 1% 39% 24 z Ex-dividend. Jan. 2 Feb. 3 Feb. 3 Feb. 24 Jan. 5 Mar. 23 Jan. 9 9 Jan. 7 3% Feb. 3 8% Mar. 1 2% Jan. 13 1% 53 Jan. 24 Jan. 15 9 BOSTON AGGREGATE SALES. PRICES BOSTON STOCK EXCHANGE In Jan. 1. Shares. Shares. 368 Nations! Leather 22 1,053 160 Jan. 2 STOCKS New England New 922 10 80 Ask. 50c 25c Bid. 26c 60c ~~15 1654 16 March 31. Ask. Bid. 50c 30c Sale 1754 Ask. 50c 54 54 Lowest. 50c Mar. Mar. 9 Sale Prices 30c 7 15 15 17 3 Sale 2 101 Sale 98 Lowest. Highest. Sale Prices. Sale Prices. Highest. Sale Prices. 26c Mar. 14 Mar. 23 1754 Mar. 5 554 Sale Prior preferred 4 Sale 108 554 7,711 New England Tel Ac Tel 3,622 Mar. 29 1854 Mar. 15 ... 3,036 5,529 54 15 100 107 Pacific Mllla 100 20 Public Utility Holding com.. Warrants 8 854 , 54 Sale 9 54 50c Sale Sale 75c 754 25c 8 8 554 Mar. 3 2154 Mar. 10 Mar. 28 114 Mar. 29 Mar. 9 1054 Mar. 11 75c 225 1,260 Reece 2,604 4,477 2,487 545 746 6% Sale cap stk. 25 .... 875 Union Twist Drill 100 United Carr Fastener Corp 100 480 U S Elec Power Corp.. Utility Equities Corp * 200 95.50 dlv priority stk allot ctfa.. 50 451 200 Venezuela Holding Corp System Inc ....* 10 Waltham Watch class B 414 2,469 50 Preferred Sale 8 Sale 1854 Sale 30 54 Sale 20c 25c 13 25 16 11 13 954 Sale 2 854 Mar. 1 1 Mar. 17 Bros Feb. Jan. 19 1 18 Jan. 18 35c 6 6 Mar. 28 Sale 2 16 Mar. 2 854 Mar. 17 154 Mar. 17 1054 Mar. 31 754 Mar. 3 1554 Mar. 10 Sale 17 Mar. 26 19 2 17 31 32 30 35 15c Mar. 1 Mar. 23 3154 Mar. 10 5 20c 14 11 Mar. Mar. 2 Mar. 3 Mar. 14 1154 Mar. 15 154 Sale 3754 Sale 31 3154 1 154 154 Mar. 31 3754 Mar. 28 Mar. 30 254 Mar. 3 4054 Mar. 11 3154 Mar. 18 154 Mar. 8 47 K 4654 Mar. 28 4754 Mar. 28 1054 3 Mar. 14 • 31 54 3454 ..— IK IK 38K Sale 31 31K IK 43 40 19 K 1854 5 Sale IK 2,789 Westfield Mfg Co can .—- 1654 1754 10 5 1254 1654 1354 5 31 1 Mar. 3 14 554 6 54 54 Mar. 23 1554 Mar. 9 54 Mar. 23 1754 Mar. 19 10 10 25 ""354 "454" Mar. 1 354 Mar. 26 25 Mar. 1 654 Mar. 5 9 26 Mar. 28 954 Jan. 6 Jan. 12 54 Jan. 15 16 Mar. 2 954 Jan. 2 154 Jan. 20 754 Mar. 3 1554 Mar. 10 19 Mar. 2 30 Mar. 26 Jan. 4 32 Jan. 8 15c Mar. 23 20c Feb. 19 10 Jan. 3 5 13 Mar. 14 3 Jan. 18 Mar. 14 254 4054 3754 154 Jan. 9 Mar. 11 Jan. 27 Jan. 15 9 47' 21 Mar. 28 Jan. 19 154 Mar. 31 3354 Jan. 4 31 1 40 18 20 1454 Sale 13 Sale Jan. 4 Mar. 30 Jan. 54 Mar. 23 1454 Jan. 6 Nov. 7 Feb. 23 25 Mar. 354 Jan. 15 ....... stock.. Jan. 75c. 12 1254 Sale 25 "IK Sale" ... 6 " Jan. 20 11 65c 2 2 14 13 Jan. 254 Jan. 19 34 100 Conv preferred... Mar. 854 Feb. 1 6 Jan. 12 16 6 K Sale 1054 Sale Jan. 9 2154 Mar. 10 Mar. 28 116 754 Jan. 17 3 "1% Sale" ...100 Prior preferred 7,895 Warren 25 "676 31 754 12 1 Mar. Common.................. 2,628 Waldorf 50 Sale Sale 12 476 276 10 54 18 54 8 54 -- 10,181 United Founders Corp com.. 23,909 United Shoe Mach Corp 25 Preferred... 25 2,138 240 IK 10 .* 900 Tower Mfg.................5 110 3,581 7,118 Sale Sale Button Hole Mach._10 9,584 Shawmut Assn TC 12,107 Stone & Webster Inc 8,789 Swift 9c Co 5,491 Torrlngton Co Mar. 29 2 65c 16 450 Reece Folding Mach... 600 4 1854 Mar. 15 54 Jan. 41 Ry Lt & Sec Co common 220 18 Jan. 19 Jan. 98 250 41 Jan. 5c 1 K Mar. Public Service • 80 March 1. 1932. Bid. 2,048 Nat Service Co ram the tr ctfa 340 New Engl Equity Corp... 506 RANGE SINCE JAN. 1. IN MARCH. Price Since March. 61 STOCK EXCHANGE 13 Mar. 31 Mar. 1 354 Mar. 254 Mar. 7 15 13 1 5 7 Mar. 31 Jan. 54 Mar. 23 1754 Feb. 19 Jan. 10 1254 Feb. 16 25 7 15 Feb. Jan. 19 1854 Jan. 9 17 Mar. 1 7 MINING— 158 951 Calumet 9c Hecla .........25 1,250 4,730 6,205 Copper Range Go 25 9,050 East Butte Copper Mining 10 50 Hancock Consol Mining Co.. '""50 110 Island Creek Coal.. Preferred 10 2K 3K IK Sale '"140 100 393 150 3,675 14 16 95 107 25 25 ...........25 4,068 Mohawk.... 590 Nlpissing Mines 5 2.50 16,620 North Butte 200 Ojibway Mining Co.......... ..... "ioo 300 Old Dominion Co.... ....25 IK 40c IK 65c 1154 Sale 40c Sale a V* 50c 65 St Mary's Mineral Land ...25 2,080 8,100 54 654 254 IK 30 Shannon 25 4,978 10 5c 25c 3,130 Utah Apex Mining.........5 -.1 25,018 Utah Metal 9c Tunnel. 50c 75c 30c 35c 1,170 PondCr Pocahontas Co....* 25 9,563 Qulncy •No par value. xEt-dlvidend, 40c 50c 1 450 Isle Royal Copper 300 LaSalle Copper..... 154 254 154 Sale 12c ........... ... 254 254 254 Sale IK 7 Sale Sale 1454 8554 154 40c 1654 90 2 >: 65c 1654 Sale 11-16 Sale 35c 45c 50c 7* £* 154 2 10c 12 Sale 40c Sale 254 Mar. 5 154 Mar. 31 7 12c Mar. 18 14c Mar. 31 12 Mar. 31 12 Mar. 31 154 30c 90c Sale 16 54 33c 25 1 Sale 7 1 8 154 2 154 Mar. 35c Mar. 5 8 1554 Mar. 31 11-16 Mar. 30c 1 Mar. 29 154 Mar. 35c Mar. 9 8 1754 Mar. 4 K Mar. 29 45c Mar. 3 Mar. 17 1 Mar. 17 654 Mar. 15 154 Mar. 21 8 Mar. 24 2 Mar. 1 54 Sale 40c Sale 54 35c Jan. 21 Mar. 31 Fod. 27 Jan. 13 Jan. 8 27 Mar. 31 10c Jan. 8 85 154 Jan. 12 Feb. 35c Feb. 18 1154 Jan. 2 11-16 Feb. 8 30c Mar. 29 54 Feb. 9 54 Feb. 20 6 Feb. 16 Jan. 4 20 55c Sale 54 Mar. 1 35c Mar. 23 15 11 254 Jan. 25 40c Jan. 27 1854 Feb. 19 1 60c 54 154 854 254 154 5c Jan. Jan. 16 Feb. Jan. Jan. Jan. J an. 9 11 14 8 2 17 13 16 1 50c Jan. 17 4 60c Feb. Feb. Mar. 16 25c Jan. 15 45c Feb. 54 Mar. 41c 6 5c" Feb. 25 5 Jan. 354 12 Feb. Jan. 5 3K 14c 10c 50c 50c 5 2 23 85 8554 1 254 Jan. 154 Jan. 10c 9 Cleveland Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON CLEVELAND STOCK March. 1931. 28,368 36,078 98,519 Shares _ Jan. 1 to March 31 AGGREGATE SALES. 112,787 March. Jan. 1936 STOCKS 1,065 110 Apex Electric • 134 ..... * 100 1,620 72 ice 631 3 1,061 751 82 271 410 5M 20 * * * 635 78 403 Cliffs Corporation v t c 225 Columbus Auto Parts pref ..100 ...... » . 193 Commercial Bookbinding.._* Dow Chemical..... * Preferred........ 70 6% preferred Foote Burt Preferred.. 590 Halle Brothers Preferred ...... 30 Hanna M A $7 pref 318 Harbauer.. 2,862 450 1,409 10 762 1,223 3 20 20 Interlake SS • • 10 * * 10 * Lamson Sessions...... Preferred Mohawk Rubber 41 """220 100 * 10 100 .25 .... * 50 1,375 Nestle JLe Murclass "A"....* • 2,441 Nineteen Hundred Corp • 3,234 Ohio Brass "B" * 1,119 Packard Electric 825 Packer Corporation * Bros 2,765 Seiberling Rubber 125 ■ 311 Preferred _ . .... "3",703 1,120 200 Smallwood Stone * * 100 25 100 No par rftlue. 54 Mar. 7 4 23 13 21 2 34 Feb. 7 3 Feb. 10 25 Mar. 28 27 Jan. 27 Jan. 30 103 Mar. 21 100 Feb. Mar. 2 1 1334 Mar. 8 3 34 Feb. Mar. 9 10334 Jan. Jan. 4 234 Jan. aS? if* 7 354 4 3 3% 3% 7% 454 3 < 5 _____ 7 101 3 4 Mar. 1 354 Mar. 28 734 Mar. 5 3% Mar. 7% Mar. Sale 98 99 _ 3 30 3554 Mar. 11 9654 Mar. 24 Mar. 9654 Mar. 6 41 43 Jan. 12 Jan. 12 1 Jan. 6 Jan. 22 14 454 334 334 934 534 434 Jan. 754 Jan. 5 7 4 32 Sale 3434 14 Feb. Mar. Mar. 1334 Mar. 434 Mar. 1334 Jan. 3 25 Mar. Sale 1 13 734 Jan. 5 34 Jan. 18 3334 Feb. 29 Feb. 1 154 15 29 Jan. 1354 Mar. 354 Mar. 1 4 27 Jan. Jan. Jan. 13% 7 Jan. 7 6 68 Jan. Feb. 334 Jan. 2934 Jan. 9654 Mar. 36 LOO Jan. 11 Jan. 18 Jan. 22 Jan. 19 Jan. 5 Feb. 20 Feb. 17 Jan. 16 4% 79 Sale • 23% 12% 5354 8>4 10 30 1454 454 7.25 1 6 Feb. 1 36 Jan. 30 36 28 Jan. 2 28 Jan. Jan. 30 28 5% 24J4 26% 334 Jan. 22 Mar. 28 2354 Mar. 4 23 Mar. 30 2354 Mar. 4 22 2 Mar. 28 2034 Jan. 27 2 334 Jan. 2 Jan. 21 25 2354 Mar. 4 26% 2254 5554 954 50% 20 10 12 12 Jan. 23 12 Jan. 23 45 15 45 45 Feb. 27 4954 Jan. 29 60 60 Jan. 5 Jan. 5 234 Jan. 11 44 Jan. 6 12 Sale 8 834 60 "3% Feb. 35 2954 5% "3" Mar. 31 13 5254 Mar. 26 754 Mar. 24 54 Mar. 23 12 12 12 Mar. 11 Mar. 17 854 Mar. 8 Mar. 23 t>0 5054 Mar. 17 334 Mar. 2 5054 Mar. 17 Sale 1154 Mar. 31 49% Mar. 30 1134 Mar. 30 1854 Mar. 8 49% Mar. 30 1254 Mar. 10 79 454 Mar. 31 4954 Mar. 1 434 Mar. 4954 Mar. 74 3% 65 354 Mar. 14 48 52 45 1554 1554 1154 12 Mar. 31 5054 Jan. 534 Jan. 5 9 13 Feb. 20 5634 Feb. 29 854 Mar. 8 60 334 Mar. 2 50-54 Mar. 17 5 17% Sale 1334 7 145* 12 Sale Jk* 70 4% 49 54 7 Sale 74 5% 25 % 2 12% 14 Sale 4 20 Sale 16 4% 12% 434 Feb. 25 7 Jan. 12 Jan. 20 50 Jan. 20 Mar. 28 65 Mar. 28 5 7 3% 12% 1354 5% 17 15 Feb. 1 40 Jan. 9 40 Jan. 9 434 Feb. 24 5 Feb. 26 Jan. 17 13 22 7 1054 4 17 K li* 15 5 Sale 6 30 8* 15 2 12 5 6 6 80 75 654 itH "13% 100 iy> 23% 11 1134 6 30 Mar. 1 Mar. 10 65 8 Mar. 26 Mar. 17 30 5 Mar. 1 Mar. 10 534 Mar. 65 2 Mar. 26 _____ 2454 854 15 Feb. 6 15 Jan. 27 7 Jan. 29 3034 Feb. 1.234 Feb. 17 Jan. 8 Jan. 5 2934 Jan. 29 Feb. 9 454 Mar. 18 7 Mar. 26 65 65 254 Mar. 8 8 Feb. 3 20 Feb. 1 534 Feb. 1934 Jan. 334 Mar. 3 olH 120 8 254 Mar. 22 Mar. 24 Mar. 334 Mar. 3 1 115 7 Jan. 100 Mar. 754 Mar. 2 29 9 1 Mar. 2434 Mar. 8 Mar. 16 Mar. Mar. M Feb. Feb. 234 Feb. 1 Sale 20 254 Mar. 31 20 Mar. 11 4 Mar. 11 Sale Sale 97 1 97 85 2654 Mar. 23 95 3254 Mar. Mar. 29 100 Mar. 28 834 Feb. 17 Feb. 1 334 Feb. 20 18 19 100 1 Feb. Jan. 6 Jan, 834 Mar. 16 6 Feb. 7 Mar. 354 Mar. Jan. 120 13 Jan. 20 13 2434 Mar. 17 16 9 9 334 Jan. Feb. 22 8 1 Mar. 30 3 23 6 Mar. Mar. 17 1734 Mar. 2854 Mar. 95 F3b. 8 23 7 9 Jan. Mar. 29 2454 Mar. 17 1134 Mar. 3 854 Mar. 6 10 "2854 Mar. 234 Jan. Feb. 16 Sale iiH 234 Jan. Jan. Mar. 8 Mar. 26 1 1554 Mar. 30 22 32 54 4 95 Mar. 3254 Jan. Mar. 26 9 6 Sale 334 Jan. 10 Mar. 9 734 Mar. 100 22 21 1234 Mar. 28 654 354 6 Mar. 17 6 25 14 95 634 1754 4 Mar. 24 634 Jan. 20 2 25 *8* 13J4 Mar. 15 12 454 Mar. 434 9 17 334 Jan. 1034 Mar. 22 1234 Mar. 26 8 28 8 Mar. 1* * Mar. 1554 Mar. 30 3M 2 29 454 Mar. 24 22 95 17 100 Sale 3 Mar. 24 2 3 3 34 Sale 116 3 7 99% ""354 434 1554 116 120 9 434 Mar. 24 17 63 18 ... 654 Mar. 28 4 Sale ,.2« i!K 7% 12 49% Mar. 30 1154 Mar. 30 65 5 10 115 12 Jan. 185-4 Mar. 8 4934 Mar. 30 1334 Jan. 4 50 .____ 22 234 Jan. 16 5 30 30 20 6 5 12 Jan. 1 6 _____ 14 Jan. 13 Mar. 28 454 Sale 74 6 55 7 1134 Jan. 16 3% • 20 Standard OH of Ohio pref. 100 « 2 29 80 40 « 8,722 Sherwin-Williams Preferred 4,778 24 28 41 ' 310 Selby Shoe 25 Feb. Mar. 19 Mar. 17 . ......... 110 Bobbins A Myers vtc ser 1..* Preferred v t c_... 40 25 """520 Jan. 34 Jan. 6354 Mar. 22 Mar. 16 100 .... 536 Patterson-Sargent. 7 6234 Mar. 15 25 42 95 * 500 National Tool 7,733 Richman Mar. 12 41 Sale 101 13 * * 676 National Tile... 106 654 20 * Preferred Preferred 70 2754 Mar. 11 6334 Mar. 31 Jan. 24 Mar. 100 379 National Carbon pfd 817 National Refining.... 81 177 Mar. 10 Mar. 30 915 National Acme... 700' Sale 75 100 * Preferred 10 185 M'»rray-Ohio Mfg Co 170 Myers PEA Bros... 35 % Mar. 30 11 40 55 100 20 Medusa Portland Cement 333 Metro Paving Brick. 10 Mar. 19 6234 Mar. 15 1 % Mar. Jan. 41 28 220 YIcKec A G "B" 50 234 1 6354 Mar. 22 25 Sale 5 40 Sale 3% Sale "2l"" ..........100 65 Jaeger Machine 370 Kay nee 941 Kelly Island L Ik T 185 301 Sale 2 39 99 10 Higbee 1st pref erred .....100 110 India Tire & Rubber 30 2,429' 3% Mar. 39 3% 31 5 734 Jan. 5 34 Feb. 26 Mar. 10 30 25 63 % 27 3 12% 12% 7 3 15 7 66 2% 654 2 3 30 100 149 16 Mar. 2H Feb. 2 14 6 Mar. 5 100 30 Prices. Feb. 24 Sale 3 60 » Preferred 39 16 92 95 Feb. 154 Jan. 15 "4154 2 * 910 Grelf Bros Cooperage 431 9 Sale 5 100 6% preferred 525 6801 154 15% 5 52 254 Mar. 101 3% 100 200 989, 14* 28 4,880 Goodyear Tire & Rubber 52 91 34 Jan. 2% Mar. 24 70 24 11 35 ... 1,255 1,021 1,144 45 12 100 """600 40 .♦ * 170 Geometric Stamping 39 Glidden prior pref 15 Goodrich (B F) 50 10 7 5 ..... "26% ..... • 20 75 % $ 8 10054 103 69% 80 Fostoria Pressed Steel...... * 23 21 General T & R 1,800 30 11 35 ...100 * 136 Faultless Rubber 357 Federal Knitting Mills • 805 Firestone Tire A Rubber.. 10 30 Mar. 6 30 Elec Controller & Mfg. 126 Enamal Products..... 655 654 74 29% 75 100 200 Eaton Axle & Spring 50 Edwards (Win) pref /' 2% 1% % 2734 3 62% .* 3,421 13% %: 26 & Sand Brew ..100 25 208 95 Highest. Sale Feb. 16 Mar. 31 92 Mar. 31 91 7 75 1 Cleveland Worsted Mills 300 126 Sale 6 90 3 382 Cleveland Union Stkyds 20 Lowest. Sale Prices. 99 M - 1034 5 27% 10 Certificates of deposit.. 100 2,553 1,700 Cleveland Securities prior pf* 100 ..... 2534 100 Clark Fred G 296 Highest. Sale Pricet ... 40* 100 pref..» 2,547 Cleveland Elec 111 6% preflOO 33 Cleveland Ry ..180 44 3% 2% ... "24" 65 Cleveland Cliffs Iron 1,411 Lowest 2 34 Feb. 10 ...» & Fuel...... Preferred — 91 94 5 ..* Prof 4,350 1,070 Cleveland 99% "89" Ask 2 30 Cleveland Automatic Mach_* 5 234 29H ♦ .... 250 Chase Brass & Cop pfd 4,011 City Ask. Bid. Bid. ...» 695 Central United National 807 30 Ask. 100 X 97 100 25 Bessemer Limestone.. 210 Byers Machine A 100 RANGE SINCE JAN. 1. Par. Aetna Rubber...... 10 Air Ways pref 8 Allen Industries... 200 Preferred 25 70,600 Sale Prices. March 31. March 1. 1932. 12,000 Cleveland Railway 5s 1933 22,400 Cleve S W RyALt GAC5sl954 """loo 34,900 Jan. 1 to March 31 1931. 39,500 Price BONDS 1. Shares. 250 1932. 12,000 - PRICES IN MARCH. 500 City Ice Dellv Cln 6s Shares. — Jan. 2 Bid. 12,000 March. CLEVELAND STOCK EXCHANGE Since In EXCHANGE Bond Sales. 1932. Stock Sales. 34 Jan. 134 Jan. 234 Mar. 20 Jan. 2 954 Feb. 2634 Mar. 1 95 Mar. 1 Jan. 80 Feb. 31K 1% 2!h Jan. 15 Mar. 17 Jan. 11 Feb. 16 7 11 Jan. Jan. Jan. Jan. 1034 Jan. Jan. 35 100 % Jan. Jan. 85 Jan. 16 6 6 4 13 22 18 PRICES CLEVELAND AGGREGATE SALES. Jan. 2 Since In ; Shares. STOCKS 1. Jan. * • 120 Thompson Aeronautical....* 220 Thompson Products Inc _* Bid. 5 110 Standard Textile A pref 30 .stouffer Corp "A" w w 20 90 10 Trumbull-Cliffs preferred 100 Truscon Steel preferred.. 100 ' Ask. Bid Bid Ask. 20 20 20 20 25 "6# 28 -_I- Ask 1. 90" 25 6 6 7 5y2 Mar. 18 20# Mar. 24 Mar. 16 5 6% Mar. 16 5% Mar. 18 20# Mar. 24 5 Mar. 16 5% Feb. 24 20# Mar. 24 5 Mar. 16 7% Mar. 10 6% Mar. 16 80 Jan. 20 6234 Feb. 8 75 80 ■—— Sale Prices. Sale Prices Sale Prices Sale Prices Highest. Lowest. Highest. Lowest. March 31. March 1. 1932. Par. Shares. 15 20 RANGE SINCE JAN. IN MARCH. Price 8TOCK EXCHANGE March. 63 STOCK EXCHANGE CLEVELAND —-- 5% Feb. 19 Jan. Jan. 7 5 9% Feb. 29 Jan. Jan. 20 13 6 Jan. 2534 Jan. 3% Jan. 10 Jan. 9 Jan. 28 6 88# Jan. 6 6 47 Feb. 6 25 6 80 65 'yYp 32 25 290 2 9 217 Weinberger Drug...... " .....50 400 White Motor 19 —100 21 White Motor Sec pfd 510 Youngstown Sheet & T pf 100 .iv;', . 5# '23# 10 Sale 4 10# 23 * 12,042 Union Trust 1,485 Van Dorn Iron... 2,061 6# * 240 Union Metal 135 2% 9% 6 Sale 3# 10# 5 24 % ....^ 8 40# 70 40 80 103 "98" 38% 80 3% 10 2 5 Feb. 11 20 Feb. 2 Jan. 3 28# Mar. 16 2# Mar. 9 10 Mar., 3 10 16 23 23 42% Mar. 14 42% Mar. 14 Mar. 28 5 22# Mar. 7 Mar. 17 2 Mar. 10 Mar. 6 Jan. 10 Jan. 9 88 % Jan. 40 Jan. 17 10% 88# 26 88% 40 Baltimore Stock 16 22 23 23 e MONTHLY AND YEARLY RECORD RANGE OF PRICES ON Shares March Jan. 1 to March 31 - STOCK 3,500 3.000 PRICES Bid. Ask Bid. Ask RANGE SINCE JAN. 1. IN MARCH. ~94~~ Sale Lowest. March 31. Bid. Ask Sale Sale Prices 95# Mar. 30 3,000 5.600 4s sewerage impt........ 1961 7.800 4s burnt district........I960 19W 4,300 4s water loan. 95# Mar. 28 91# Mar. 95# Mar. 31 90 4s 100 ""loo 1,400 3.600 unnei 95% Sale 91 P sr is amies Mar. 4 91 Mar. 4 1,666 5,000 1,000 2.000 6,000 23,000 4,000 6,000 1,000 4,000 6,000 1,000 5% 100 Sale 101# Sale 101 93# 101# 96 98# 90# 98 Mar. 18 Mar. 30 93# Mar. 30 Mar. 31 101# Mar. 31 96 Mar. 28 Mar. 28 Mar. 16 Mar. 9 99 90# Mar. 11 Mar. 11 15 Mar. 9 Mar. 9 75" Mar."2 pfd 1936 75 80 >$8-1948 Maryland State loan 4 #8 1932 40 Sale 37 100 Sale 100 Maryland Mortgage 5 75 1,000 Wash Bait & Annap 40 Mar. 30 Mar. 31 100 i',814 2,616 99 6 10 15c 26# 15c Sale' 23 ..... 3 147 494 Preferred. 103 3# 3# 50c Sale 32 3# Sale 15c "664 4,805 ... 23 ..... 95 249 587 1,780 3,147 >: 50 968 385 212 63# Sale pref w I ser 5% preferred 100 Sale Preferred 96# ..... 97# 96# Sale 29# 50 Sale "97# Sale" 4# 30 15 Sale 30 1,208 7# 1,479 647 24 • "20 24 Roland Pk Homel'd Co pfd— 400 Silica Gel common.. 30 Standard Gas Equip common 980 United Rys at Electric U S Fidelity Ac Guar 655 5,816 ■ • 14,982 4--V 126 Table. Western Md Gash sale. 50 10 Dairy Inc pref * Sale 6 18 Jan. 25 1 96 Feb. 18 95 Jan. 25 98 Mar. 18 98 Mar. 18 Jan. 10 85 Jan. 20 66 Jan. Jan. 12 20 93# Mar. 30 2 101# Mar. 31 93# Mar. 30 100 96 Jan. tlH 96 18 Mar. 28 99 Mar. 28 97# Feo. Mar. 16 90* Mar. 11 Mar. 11 Feb. 8 Feb. 8 Jan. 20 43 Jan. 20 75 Mar. 2 75 Mar. Mar. 30 40 Mar. 31 Mar. 31 100 Mar. 31 75 2 Jan. 21 Jan. 14 Jan. Jan. 21 14 6 36# Feb. 6 55 8 Mar. 8 99 Mar. 19 6 Mar. 19 5 Mar. 5 5 Mar. Mar. 4 Mar. 8 Mar. 12 Jan. 6 12 Jan. .Tan. 22 30 Jan. Jan. 15 4 6 22 23 Mar. 1 3 Feb. 4 23 Mar. 1 Feb. 23 Feb. 16 Jan. 12 Feb. Jan. 12 2 Mar. 28 Jan. 18 Mar. 30 6 113 Mar. 30 Mar. 30 1 4 Mar. 22 18# 20 Sale 49# Sale Mar. 20# Mar. 18 65 2 Mar. 14 Mar. 19 68# Mar. 8 107# Mar. 14 103 Mar. 10 97# Mar. 26 50c Mar. 16 A* Sale aVA 5 5 17 17 Feb. 10 Mar. Jan. 55 Jan. 7 6 Feb. 12 Feb. 59# Feb. 10 Mar. 2 Jan. 25 Jan. 28 13 8 106 Mar. 4 Jan. 27 100 J an. 5 Jan. 12 96# Mar. 8 Feb. 19 2 5c Jan. 15 13 Feb. 13 Feb. 3# Feb. 5 Feb. 25 17 24 Jan. 5 Feb. 8 10 Mar. 17 Jan. 16 40 Mar. 28 Jan. 14 5 Mar. 40 Mar. Mar. 30 Mar. Mar. 4# 29# 12# 70# 7# Mar. Mar. Mar. 10 Mar. 8 Mar. 9 Mar. 7 Mar. 2 5 Feb. Mar. 19 Mar. 3 2 Mar. 2 Mar. Feb. 3 3 6 30# Mar. 10 30 Feb. 27 Mar. 10 6 1 Mar. 3# Mar. 9 10 5# 5# Mar. 5 Mar. 19 2 14 Jan. Feb. 14 8 9 Feb. 15 5# Feb. 13 5 8 Mar. 21 Mar. 24 Jan. Feb. 15 7 Mar. 20 Mar. 7 1 20 Jan. 8 Mar. 2# Mar. 20 Mar. 11 18 Jan. 26 Mar. 11 2# Mar. 24 2 Jan. 21 Mar. 24 20 21 19 3# Sale 69 6# Mar. 21 Jan. 1# Feb. 7# Jan. Mar. 20 Sale 21 Feo. 16 Feb. 92 Sale 20 68 ...... Penna Water at Power Feb. Feb. & 6 5 6 101# Mar. 96# Mar. 30c Mar. 8 30 6# Sale • W Penn P S pref...25 Ac Miners Transp 380 Northern Central 246 92# Feb. 1 99 12 116 Mar. Mar. 10 Sale Sale 8# 1st 284 Monon 415 Mort Bond at Title w 1 7,237 New Amsterdam Casualty... 82 285 11 1 93 11 1 3# Feb. 25 106 2 50 Sale 2 First Nat Bank w 1 Merch Jan. Jan. 5 8 3# Mar. Mar. ......... 2,193 1 Mar. 33 293 3# 29# 10# 5 preferred............25 preferred 25 2,150 6,031 Maryland Cas Co 961 26 Mar. 19 Mar. "I# ~~4~ 5 4 2d 2,307 12 Jan. 12 3 Mar. Mar. Mar. 2 61 61 25c 5 Guilford Realty Co...... 562 Mfrs Finance common » t..25 "640 Jan. Jan. 9# Jan. 106 10 227 10 .100 E .100 ......100 64# 70 992 622 Na par 5 4% Jan. 93 25c 70 Finance Service preferred— ""205 • * 6% preferred ser D Consolidation Coal.. 93 31 23 113 2 Sale 130 Finance Co of Am class A 70 4 8 N O pf 1,517 Fidelity at Deposit 130 Mar. Mar. 17# Mar. 17# Mar. 65 Mar. 865 Fidelity at Guar Fire Corp. 10 722 6 3 25 Consol Gas E L Ac Power 93 5 10 116 300 Davison Chemical common ...._* 342 Eastern Rolling Mill 832 Emerson Bromo Seltx Awl 105 99 25 1st prefer red.. ...100 6#% Commercial Credit 12 Jan. 37 35c 25 Preferred B 10 703 298 295 8 Mar. 19 Mar. 6 * Black 8t Decker common 1 Jan. 89# Feb. 17 96# Mar. 30 17 30 10 Commercial Credit.......—* 107 5 12 Preferred 20 765 Chew & Pot Tel of Bait pf_.10O 20 103 Feb. 100 Par. 400 Appalachian Corp.... 3,034 Arundel Corporation. 67 Atlantic Coast L (Conn)...50 10 700 Baltimore Trust Co.. 92 90 Mar. 31 1949 STOCKS. Shares. Shares. 4 Feb. 55 5s..1941 1st 6s 1 Mar. 75 Maryland Trust ctfs 5s 1,000 5,500 United Ry & El fund 5s.. 1936 2,000 Feb. 91 36# Feb. 2,000 Silica Gel Corp 6#s w w.1932 7.000 Standard Gas Equip 6#s 1932 7,000 1,000 1,000 3,500 90 4 Mar. 2 Mar. 31 1.000 Merchants Terminal 4#s 1948 1,000 Sandura Co Inc 1st 6s...1940 ' 1 Mar. 43 15 Realty Co.,.6s__1943 Gibson Island Co 6% 12 Feb. 91 65 Mar. 18 85 90 1981 1941 4s Davison 18 Jan. 85 98 85 General 4#s Danville Traction 93 95 -.1954 5,000 Consol G E L & P 4#s.._1935 3,000 3,000 2,000 2,000 3,000 Jan. 95# Mar. 31 96 2,000 Belvedere Hotel 1st 5s—1932 4,000 Benesch (I)8c Sonsconv6sl939 17,700 Century Parkway Corp6sl956 1934 v 5,000 Commercial Credit 6s 1939 4,000 Consol Gas first 5s 2,000 1 93 ...1937 .... 93 27 Feb. 14 Mar. 28 89# Feb. 17 91# Feb. 92# Feb. City 4s 1940, Public Imp 4s Harbor Jan. 90 2 93# Jan. 95# 1 6 90# Feb. 91# Jan. 26 §6# Mar."30 City 4s 1944, 2nd School.... " Feb. 93 96# Mar ."29 90 1946 School 90 Jan. 94 93 series—1954 & B (Cpn) 1952 hnpt 195) 4 2.000 4s second school loan...1948 1946 3.000 4s 2d Sewer (cpn) 4s 2nd Prices. 95# Mar. 30 90 97 ..1951 3,100 4s p ivlng loan 6,000 4s second water serial...1950 1,200 4s 2nd Sewer (coupon! ...1948 1,200 9 '89# 96 90# unpt 4s second water 100 4s 2d Mar. 91 Mar. 91 '90# 1955 1.200 4s park loan 30 Jan. 90 95# Mar. 28 90% 900 92 Sale Prices. 6 90# Feb. 90# Jan. 26 90 1961 4s dork loan. Highest. Lowest. Highest. Sale Prices. 95# Mar. 30 90 ...........1962 4s conduit 600 4s Jones Falls.........—1961 5,300 March 1. 1932. BALTIMORE CITY BONDS— s $ 158,200 Price EXCHANGE BONDS 1. Jan. Jan. 1 to March 31___ $282,600 976,300 $50,700 Jan. 2 Since In 1931. 1932. Bond Sales. March 31,161 97,300 BALTIMORE AGGREGATE SALES March. BALTIMORE STOCK EXCHANGE 1931. 1932. 22,133 63,594 Stock Sales. 6 Mar. 31 i 3 66 Feb. 8 I Feb. 48 Jan. 5 I Jan. 90 Mar. 11 Mar. 7 90 Mar. 1 51 13# 67# 50# Feb. 24 Feb. 24 3 Mar. 23 3 Feb. 29 Feb. 20 3 '50c" Sale 5# 853 Sale 4J$ Sale 35 Mar. Mar. 20 53 Mar. 3 53 50# Mar. 90 19 68# Mar. Mar. 13 69 50c 4# Mar. 85 Mar. Mar. 12 13 69# Mar. 1# Mar. 2 6# Mar. 11 85 Mar. 22 50c Mar. 31 Feb. Mar. 7 4# Mar. 29 85 Jan. 4 [ Mar. i 20 16 14 7 2 Jan. 18 Jan. 20 RANGE OF PRICES ON DETROIT STOCK EXCHANGE Stock Sales, 1932. March.. 477,129 707,992 1,176,944 Jan. 1 to March 31 AGGREGATE SALES. DETROIT PRICES IN MARCH. Since March. Jan. 1. Shares. Shares. 180 246 mm — Jan. 2 STOCKS March 1. 1932. Bid. Ask. l" ""1% 603 Auto Fan Ac Bearing com 100 Baldwin Rubber class A - * * m'mmmmm 155 Consolidated Paper com—.10 1,835 Continental Motors com 2,715 Copeland Products Inc.—. 3% 551 Crowley-Milner Ac Co com..* 4% 560 100 613 1,039 Deiael Wemmer Gilbert com 10 6,519 Detroit & Clevel NaT com..10 1,920 Detroit Edison com ...100 4,250 1,284 8% Sale 2,631 ' 13,768 319 4,191 7% 3 115 •. m. — — General Parts Convertible common. Hudson Motor Car Kermatb Mfg Co Convertible 50 Kirsch Co 1,315 1,600 110 125 10 1,677 43,208 24,080 4,344 110 5,951 120 Bankers 238 518 'mmmrnm 638 10 1,250 3,595 40 40 679 4,o90 mm mmmm 9 IK Sale Motor Products Corp com.. Wheel com 20 11c. 65c 11% Sale 7% Sale 9% 10% 1% Sale 26 Jan. 4 Jan. 9 Jan. Feb. 16 % Mar. 17 13 15 % 25c Sale 39c IK IK 2% Sale 50c 3% 65c 8 10 7% 11% 10 14 11c 22c Sale Sale 3K Sale 5% Sale Mar. 17 6 1% Mar. 4 14% Mar. 12 6 Mar. 17 6% Mar. 31 8% Mar. 2% Mar. 16 3% Mar. Mar. 98% Mar. 30 113 5 2 1 25 Jan. 25 29 Feb. 29 8 com 4% 8 Mar. 9% Feb. 9 10% Mar. 17 3% Jan. 9 Mar. 1 Jan. 11 18 6% Mar. 2% Mar. 98% Mar. 62c Jan. Mar. 23 7% Mar. 3% Mar. 2 5 2% Mar. 23 1% Mar. 24 1 Mar. 19 2 1 15 Mar. Mar. 3 15% Mar. 28 20c i% 14 7 14 K Sale 3 3% 9% 10 11c Mar. 28 % Mar. 14 Parker Rust Proof 22 Sale 5 5% 3 Sale 3 ~ 20% Sale 21% 3 2 20% Feb. 19 Jan. 12 22% Mar. 3 % Mar. 28 1% Mar. 15 15% Mar. 28 24% Jan. 14 20c. Mar. 31 % .Tan. 20 2 10 13% Mar. Mar. 28 2 1 Mar. 7 7% Mar. 4 15 1 30 4 4 9 2% Mar. 28 Mar. Mar. 17 Mar. 4 3% Mar. 15 10% Mar. 2 Mar. 15 Mar. 5 14 22 4 4 10 Mar. 1% Mar. 11% Mar. 2% Mar. 16% Mar. 5% Mar. 18 10 Mar. 28 13% Mar. 2 c 23 % 5 Sale 5% % 2 9% Sale 2% 2% 22 23 11 12 Scotten Dillon 20 % 3% K Sale 4% 2 8 Sale 2 % Sale 19 1% com * ..* ..IS com. Sale 3% Sale 45% 46 2 % 3. 2% Sale % 1 17 % 40 4 IS Second Nat Investors 20 2 y8 % Mar. 14 2 15 Mar. 24 20% Mar. 31 4% Mar. 22 8 ... 8% ....* » IS 5 Mar. 24 26 5 Mar. 2 Mar. 19 7% Mar. 31 2% Mar. 4 9% Mar. 28 2 Mar 9% Mar. 2 2% Mar. 10 21% Mar. 9 2 Mar. 3 Sale Sale 3% Mar. 31 17% Mar. 31 4 Mar. 1 * » • 3j| 11% 2 2% 5 10 Sale 2 Sale 40 Mar. 5 2% 2% % 19% 1% Mar. Mar. Mar. Mar. Mar. 17 1 17 22 16 2 Sale 18% Mar. 31 2% Mar. 17 1% Mar. 22 % Mar. 17 17 3 % 1% 11% 5% .... 4 Sale 3% 4 1% Sale 8% 4 7% 10% 18% ... 31 * Sale 16 % Sale y Ex-rights. Feb. 1 4% .Tan. 7 3% Feb. 13 10% Mar. 2 4 Mar. 32 Sale 17 X Sale 26 Sale 11% Sale 7 11%.Tan. 9 Mar. 15 10 Feb. 1 Mar. 1% 12% 2% 18% Jan. 11 Jan. 20 Mar. 4 Jan. 14 5 11% Mar. 30 2% Mar. 4 14 Mar. 28 2% Mar. 28 9% Jan. 7 13% Mar. 2 5% Mar. 18 11% Feb. 29 19% Jan. 9 15 5 9c. Jan. 5 Mar. 24 Jan. 6% Jan. 6% Jan. 21 20% Mar. 31 9 18 10c. Jan. Mar. 26 15 5 21 21 2 4% Mar. 22 6% Jan. 16 16 2 Feb. 16 5% Jan. 5 2% Jan. 5 19% Mar. 28 3 23 Jan. Jan. 14 2 Jan. 12 Feb. 2 Mar. 11 Jan. 12 4% Mar. 18 1% Mar. 1 19 72 2 % Feb. 19 34 54 Mar. 2% 3% % 19% 1% 6i% 6% Feb. 8 Jan. 15 Mar. 17 Mar. 22 Feb. 9 2% Feb. 8 2% Mar. 22 30c. Jan. 13% Jan. 6 7 1% Jan. 6 Jan. 8 6% Mar. 8 4% Jan. 23 2 1 1 Feb. 15 Mar. 14 2 Jan. 5 5 13% Jan. 3% Jan. 5 14 7 2 5 8 72 Mar. 16 75 Mar. 2 Feb. 10 Jan. 12 Mar. 21 Mar. 29 4% Mar. Mar. 16 75 Mar. 3% Mar. 2 % Mar. 24 4 Mar. 4 1% Mar. 3 10% Mar. 21 10% Mar. 21 3% % 8% 10% 19 Mar. 21 19 19 Mar. 21 19 1 10% % 1% % Jan. Feb. Feb. Feb. 12 % Mar. 16 1% Mar. 4 % Mar. 14 24% Mar. 31 10% Mar. 30 2 18% Mar. 16 5 Mar. 29 3% Mar. 31 9% Mar. 54 Mar. 21 10 % Sale 1% 1% % % com ▼ t c_* Ex-dividends, 75 Sale .... * BANKS. 33,644 Detroit Bankers .......20 30,032 Guardian Detroit... 20 1% Mar. 15 4% Jan. 12 85c 5% Jan. 19% Jan. 10 3% Sale 11 5% Mar. 19 4 14 1* i&* 1 3% Mar. 31 17% Mar. 31 8 10 Sale 3% Sale 814 Wolverine Portl Cem com..10 x 15% * 200 o Sold for cash, 2 6% 9 3 4% 100 4,975 Yosemlte Holding ..... 1 Tlmken Axle com.........IS com Mar. 31 2% Jan. 4% Jan. 2 1% Mar. 16 com— Preferred Mar. 31 % Feb. 24 3% Mar. 31 2% Feb. 24 9c. Jan. 5 3 com. Class B Jan. % Feb. — 18 % com— com Feb. 6 10K 2 ..* com Jan. Mar. 3% Mar. 28 5% Mar. 19 Mar. 28 8 3% Feb. 6 1% Mar. 24 Mar. 3 11% Mar. 30 2% Mar. 4 19 Jan. 2 14 15 55c 14 2 Mar. 23 7% .lan. 3% Feb. 27 Mar. 24 1 14 20 Feb. 16 Mar. 31 Mar. 31 Jan. Jan. 25% Mar. 27 2 8 4 7 20% Mar. 12 50c 3% Mar. 31 2% Mar. 16 6% Jan. 2 Jan. 9 29 Mar. 3 2% Mar. 1% .Tan. 13 Jan. Mar. 12 15 62c % Mar. 4% Jan. 2% Jan. 2% Mar. 23 1% Mar. 24 14 8% Mar. 5 3% Jan. 20 L20 Jan. 20 Jan. 5% Mar. 20 2% Mar. 4 5 7 Jan. 5 9% Jan. 5% Feb. 3 5% * Pittsburgh Forglngs Feb. 14% Feb. 9 "i 4 6% Jan. 10c. Jan. * Parke Davis Ac Co Feb. 1 ... Packard Motor Co 100 Vortex Cup Co common 100 Class A 212 Walker Ac Co units No par value, Mar. 26 1 11% Mar. 22 25% Mar. 19% Mar. 14 Sale 49,555 Warner Aircraft Corp com..* 8,584 13,311 12 18 com Class B Sale 10 % 3% 8 10% 9 Outboard Motors class A 55c 3% 4% 17,730 2,085 5% 6% 2% Sale IK 2% 2 2% IK 2 4 15 Vb Corp com—* 8,072 Class B 1,531 Universal Product 100 3% 2% Sale 3% 12 18 999 Universal Cooler class A 100 3 55c 15 % 5 100 Sutherland Paper com 110 Third Nat Investors com m 20 % 25c 14 Motor Reo Motor Sale Sale 6 '—...* 414 Silent Automatic 413 Square D class A mmm mmmm 14% 14% * common 500 River Raisin Paper 1,133 1,350 3% 15% 315 National Steel Co com....—* 1,075 200 100 280 OH Miles Detroit Theatre..—.10 Motor 3 5 7 3 14% * 94,166 Murray Corp common—..., 1,840 National Investors com 1 500 8,703 6,619 1,852 3 * Mfahon (R C) conv pref.. 100 Muller Bakeries class A 685 7 4 10 — com McAleer Mfg com 150 Mesta Machine 327 355 6,742 1,328 14% 3 10 200 Michigan Sugar com......10 80 Preferred.. ...10 5,270 37,140 Sale 1 % 3% 4% 3% % 1% com preferred 1,215 100 2% Sale 3% Prices. 2 4% Jan. Sale % Sale 1 .... common 4,886 Kresge (S S) Co mmmmmm — * 195 Kalamazoo Stove com......* 20 2% 9% 22 % ...... mmmm Sale 19% Sale * preferred 2,400 mmwm 6% 9 9 978 Hoover Steel Ball com 10 1,516 Houdallle-Hershey class A..* 37,326 Class B * 100 6% Sale 3 98 % Mar. Mar. Mar. Mar. 4% 6 Highest. Prices. 1 584 495 6% Sale 3 1% 16,708 Graham-Paige Motor com..* 2,984 Grand Rap Metal Craft—..* 6,629 liall Lamp com 1,825 10 3% Sale 10% 11% 12% 13% • General Motors com.......10 4,871 1,050 2,541 170 50 — Nat Investors com_.l 835 12,780 10% Mar. 17 Class B— 50 Gemmer Mfg Co class A 100 Gen Fdy Ac Machine units 50 625 Sale Mar. 30 Mar. 28 5% Ford Motor of Canada cl A..* 835 14,116 4,251 10 ii* Sale 1 9 147,637 3,561 750 2% ..... Federal Mogul common.... 114 * 2% 113 1% Mar. 4 % Mar. 17 10 Ex-Cello Aircraft A Tool.. 563 Fourth «. 61,716 Sale 3 1 55 Sale 1 Lowest. Sale Prices 2 Mar. 19 5% Jan. 8% Mar. 30 8% Mar. 23 Sale 8 * 10,949 55 220 Ya Mar. 17 11 768 Federal Motor Truck com.. 121 Federal Screw Works com—* 178 100 4 10 520 Detroit Steel Prod com ..* 210 Dolphin Paint & Var cl B—* 1,026 Eaton Manufac'g Co com—* 323 5,842 Detroit Motor Bus.. Mar. 9 10 Detroit Gray Iron Fdy com.* 210 Mar. 19 1 i% 7% 8,414 Bower Roller Bearing-...—* 31,400 Briggs Mfg Co common * 5,578 Burroughs Adding Mach * 51,581 Chrysler Corp common—* 1,392 Highest. Sale Prices. 2 1,882 13,797 2,011 12,113 - Lowest. March 31. Par. 565 Alloy Steel clan A.........* 860 Class B ♦ 100 RANGE SINCE JAN. 1. Price STOCK EXCHANGE In 1931. Shares 257,631 % Mar. 1% Mar. 1 4 Mar. 5 Mar. 12 Mar. 1 25 9 8 24 24% Mar. 31 10% Mar. 30 4 Jan. Mar. Mar. 11 25 5 15 8 8 Mar. 1 Jan. 5 Mar. 29 Jan. 14 Mar. 8 Jan. 2 1% Jan. 7 18 10 Jan. 10% Mar. 21 Mar. 21 Jan. 13 1% Mar. 1 1% Jan. 22 1% Jan. 9 37% Jan. 19% Jan. 15 14 Los Angeles Stock Exch. MONTHLY AND YEARLY RECORD RANGE OF PRICES ON THE LOS ANGELES STOCK EXCHANGE Stock Sales, March. . _ ...._ 1932. i _ _ _ _ Shares Jan. 1 to March 31__ AGGREGATE SALES. In March. $ 10,000 1,000 1,000 Shares. 200 100 BONDS 1932. 4^s Ask. Bid. 101 102 91 94 2li 1,500 850 1,500 103 RANGE SINCE JAN. 1. 77 59 75 57 56 75 67 Highest. Lowest. Sale Prices. Sale Prices. 96 96 100 102 10134 Jan. 68 78 10334 104 10434 10534 99 J4 100 98 34 9834 97 9834 94 96 95 96 96 89 87 87 H 89 Mar. 11 92 t 1961 7734 78 1968 78 80 73 75 7334 76 9634 9734 9534 9634 9634 9734 9534 963| 102 9934 10034 101 8034 82 8234 84 84 8134 8334 83 1945 71 75 76 1951 97 98 1952 97 98 98 99 78 7634 Jan. 7 7934 Jan. 7 Jan. 26 60 Jan. 26 Jan. 15 75 Jan. 15 Feb. 11 102 Feb. 11 102 9834 Mar. 2 10034 Mar. 10 Mar. 96 Mar. 18 8834 Jan. 86 80 8534 Mar. 15 Mar. 24 Mar. 24 Jan. 86 Jan. 75 Jan. 7034 9834 9734 9934 8534 7 5 8 15 22 15 14 24 334 Mar. 2 5 Mar. 7 5 Alar. 334 Feb. 454 Feb. Jan. 3 2 Mar. 24 3 Mar. 2 Mar. Jan. 21 2 53 Mar. Jan. 7 134 Alar. 11 573-a Mar. 28 2 Mar. 61 Alar. 16 Jan. Feb. Jan. Jan. Alar. 53 _____ Mar. 16 Mar. 1034 Alar. 2 17 Alar. 29 734 Alar. 31 52 334 Mar. 5034 134 5134 934 9 9 14 52 Jan. 4 Mar. Mar. 9 Feb. Feb. 8 934 Jan. Feb. 1 J an. Feb. Feb. Jan. 18 9 Jan. Jan. 834 Feb. 634 Jan. Feb. 19 Feb. 17 734 Mar. Alar. 3 Mar. 3 250 Mar. 225 14 400 900 Golden State Co Ltd 25 166 Goodyear Tire & Rub pfd.100 25 Goodyear Textile pref 100 5,800 Hancock Oil Co A 25 722 Hal Roach Studios 8% pfd.25 Mar. 200 Globe Grain Mill Mar. 29 734 Mar. 5734 Alar. 5M Alar. 29 634 Alar. 56 25 Feb. Mar. 734 Mar. 21 Jan. Jan. 3 11 Mar. 3 Mar. 21 Feb. 14 Alar. Feb. 27 1034 Mar. 1334 Mar. 5434 Mar. 1034 Alar. 250 66 7 75 85 86 78 235 Farmers & Merch Nat Bk 100 200 Gilmore Oil Co Ltd... * "2",400 Feb. Feb. Feb. Jan. Jan. 2 10034 Mar. 10 7 96 Jan. 7 Feb. Jan. Jan. Jan. Mar. Mar. 10 , Jan. 8834 Jan. 7034 9434 9434 9934 7834 4,300 Douglas Aircraft Inc * 1,100 Emsco Derr & Equip Co...I.* 500 Prices. 5 14 10234 Jan. 96 Mar. 11 11 75 42 ' Feb. Highest. Sale Z8H 60 90 68 Mar. 11 98 87 1939 Lowest. Sale Prices. 104 93 74 65 300 Commercial Discount '"500 103 93 59 1942 1.400 Byron Jackson........ 2,050 California Bank 25 400 Calif Packing Corp.. 25 1,386 Central Investment Corp. 100 16,200 Chrysler Corp ; _» 2,550 Citizens Nat Bank "20 3,500 Claude Neon Elec Prod Ltd.* 500 92* 73 6,300 Bolsa Chica Oil Corp A 10 345 Broadway Dept Store pfdllOO 1,300 102 Ask. 55 75 Shares. STOCKS Par. ,>00 Associated Gas & Electric... 300 Barnsdall Oil Corp A 25 10 IN MARCH. March 31. Ask. Bid. 71 ..1957 Pacific Electric 5s March 1. Bid. 95 77 59 5s 8,000 General 5s 3,000 11,000 Co Calif Gas 43£s 2,000 So Counties Gas 4^8 2,000 Union Oil of Calif 5s 1,900 Jan. 1 to March 31_. PRICES 1931. $155,500 232,500 $24,000 89,000 Price 14,000 So Calif Edison 5s 8,000 1,000 1932. March Jan. 2 $ 10,000 L A Gas & Electric 6s 1942 5s 11,000 1961 5,000 L A Railway 1st mtge 5s__1938 1st ref 5s 1,000 1940 2,000 Nevada-Calif Elec 5s 1956 4,000 Pacific Gas & Electric 6s. 1941 5s 1942 13,000 5s 1,000 1955 5,o66 525,718 1,834,328 LOS ANGELES STOCK EXCHANGE Since Jan. 1. Bond -Sales. >1931. 237,634 858,798 50 Mar. Mar. 66 Feb. 2 Jan. 8 18 15 Jan. 26 Mar. 22 534 Mar. 334 Jan. Jan. "i'loo 10,500 Internat Re-insur Corp 10 20 Alar. "9 Alar. 1,220 5,500 2,817 L A Gas & Elec 6% pref 10,000 L A Investment Co 1,000 MacMillan Pete Co 100 95 Alar. 10 5 Alar. 14 Mar. 31 Alar. 5 Mar. Feb. 1 34 134 234 34 Mar. 2 Mar. 18 Mar. 26 Alar. 14 Mar. 34 134 234 34 Jan. Mar. Mar. Mar. Jan. 4 Alar. 14 400 200 1,300 200 199 100 400 6,100 1,900 100 1,400 300 400 1,200 200 Monolith Portl Cem 1,300 100 400 400 50 8,000 100 "6,165 700 300 6,400 117 10 90 80 212 5,850 400 1,900 17,700 Preferred 10 3,100 Pac Amer Fire Ins Co 500 Pacific Clay Prod 16,500 Pac Finance Corp com 2,700 Preferred series C 1,800 Series A 5,060 Pac Gas & Elec com 10 3,266 Pac Lighting Corp 1,100 Pac Public Service 1,900 Preferred new 56 Pacific Tel 400 60,700 17,200 5 13,400 100 200 400 85 15 10 com new * Preferred 534 Alar. 17 634 Mar. 28 734 Mar. 16 1 9?4 Alar. 3154 Alar. 31 2234 Mar. 4 9 2434 Alar. 3734 Alar. 31 Mar. Alar. Mar. Alar. 9634 Mar. 15,506 Rio Grande Oil Co * 4 234 Alar. 948 Seaboard National Bank 522 Seaboard Nat Sec Corp Mar. 4 15 Mar. Jan. 16 Mar. 534 Mar. 634 Mar. 634 Jan. 834 Feb. 3134 Mar. 2234 Mar. 2434 Feb. 3634 Feb. 9334 Jan. 3234 Jan. 34 Jan. 234 Jan. 1134 Jan. 9634 Mar. Feb. 15 Jan. 27 734 Alar. 8 Alar. 934 Mar. 36 34 Mar. 2234 Mar. 25 Mar. 4634 Mar. Mar. Mar. 454 Alar. 134 34 34 234 Mar. 4 106 34 Alar. Alar. 25 Mar. Mar. §?* 18 Jan. 11 Feb. 17 14 Jan. Mar. 10 Jan. Mapr. 11 1 Mar, 28 Alar.21 Jan. 14 Mar. 24 Jan. Feb. 14 4 Jan. 14 Mar. 7 Jan. Mar. 21 Mar. Jan. 19 Feb. Feb. 1 Mar. Mar. 17 Feb. Mar. 14 Mar. 38 25 Alar. 26,100 Security First Nat Bank...25 3,106 Shell Union Corp com * 3634 Mar. 30 Feb. Jan. 4 Alar. 65 Mar. Mar. Jan. Jan. 5 "_25 4 Mar. 57 3 3 Mar. Mar. 28* 40 Mar. ._ 3,100 -Signal Oil-Gas A 42,906 So Calif Edison Ltd com Original preferred 7% preferred 6% preferred 16,606 534% preferred 1,600 So Calif Gas 6% Alar. 25 534 Alar. 3254 Mar. Alar. 43 ..25 Alar. 25 2734 Mar. Mar. 25 25 Mar. 25 2254 Mar. Mar. 25 A 172 So Counties Gas 6% loo 15,785 Southern Pacific Co......100 155,000 Standard Oil of Calif * com 1,400 Taylor Milling Corp 86 Title Insur & Trust Co 263,306 Transamerica Corp 44,500 Union Oil Associates 9034 Alar. 3954 Mar. 243! Mar. Mar. 88 2834 Mar. 27 Mar. Mar. 4734 Mar. Alar. 25 Mar. 534 Mar. 1134 Mar. Mar. 10 325 Mar. Alar. 11 5 Mar. 7 Mar. Mar. 534 Mar. 7 Mar. Mar. Jan. Mar. Jan. 15 Mar. 7 Jan. 14 Mar. Mar. Feb. Feb. Feb. Jan. ■|g 5 19 Feb. Jan. 17 Feb. 27 18 Feb. Jan. 4734 Mar. 234 Jan. 934 Feb. 325 4 Feb. Feb. Feb. 1334 Alar. Mar. Mar. 7 Mar. 2 Feb. 18 Jan. 4 1934 Mar. 2234 Jan. 634 Alar. Mar. * 25 200 Van DeKamp's Bakeries 25 200 Weber Showcase & Fix pfd._* Alar. 95" Mar. * 49,900 Union Oil of Calif Express 24 2634 2334 2034 2334 25 337 Union Bank & Trust Co..100 1,106 Western Air Mar. 6 13 Jan. 7 Feb. Jan. 17 15 Jan. Feb. Jan. 4 Jan. 1 Jan. Mar. 21 Mar. 2 Mar. 4 Mar. Jan. „ Alar.17 JA Jan. 92 11 Feb. Mar. 102 94 Mar. 16 Feb. 34 Jan. 34 Jan. 34 Jan. 2 6 Feb. Jan. 11 Alar. Alar. Alar. Mar. Mar. 25 Mar. Alar. 11 1 Mar. 18 Jan. 9634 Mar. Alar. 23 14 Mar. Alar. 1 134 Alar. 54 Mar. 26 Jan. 85 234 Alar. Mar. Jan. 9334 Jan. Mar. Alar. 13 Alar. 11 356 S Joaq Lt & Pw 7% pr pfd.100 92 6% prior preferred 100 90 .Seaboard Dairy Cred pref. 100 Mar. 39 3634 ,34 234 1234 * Mar. Alar. 29 Alar. .28 * 10 & Tel common.100 206 Superior Oil 20 * com 42,300 Pac Western Oil Corp * I60 Petrolite Corp * 600 Pickwick Corp com 1.10 15,900 Republic Pete Co Ltd__I_Il0 1,900 Richfield Oil Co com * 300 ""500 25 ...25 700 Pacific National Co 641 35,300 25 6% preferred 8,900 25,600 6.400 10 4,450 Pac Mutual Life Ins 10 ""§2 10 new. 300 Pac Gas & El 533% pref 2,506 l8t pref 6% 3,400 8,400 6,500 100 * 200 Moreland Motors pref 10 524 Mortgage Guarantee Co..100 55 "2",000 ~25 com.. 8 ! •; Exch. San Francisco Stock RECORD I MONTHLY AND YEARLY RANGE OF PRICES ON THE SAN FRANCISCO STOCK EXCHANGE 476,694 2,063,689 ,_Shares March__ Jan. 1 to March 31 BONDS Jan. 13,000 70,000 8,000 7,000 18,500 77,000 2,000 3,000 100 1937 ._ Calif Packing Corp 5s Coast Co G & E Co 5s_ 6", 000 4,000 4,000 "i~,666 5**s - 5*6s 17,000 8,000 6,000 23,000 27,000 4,000 52,000 2,000 2,000 1,000 14,000 1,000 6,500 "99*6 Sale" 39 45 43 50 Union Oil Co of 1,300 167 800 1,425 3,581 5,168 8,067 72 27 •2,950 100 30 4,301 15 23,016 ""~2i4 1,520 35 3,891 1,949 230 1,500 100 8 828 45 9,319 63 68 *6 1*6 18*6 100 *6 1*6 22 105 __ 397 Emporium Capwell cap 4,925 Fageol Motors com 10 12,610 Preferred 10 125 Fireman's Fund Indem cap 10 11*6 Sale 14 15 95*6 Sale 3,530 Fireman's Fund Insur cap 25 545 First Nat Corp of Portland A * 15,675 Food Machinery com * l0 Preferred series A 100 200 Foster & Kleiser com. 10 Galland Mercantile Laundry 19 85 1*6 *6 2*6 375 25 Ltd capital 1*6 30 9 *6 2 5*6 Sale 3 of Calif 20 capital-.... 10 4,064 Honolulu Oil Corp Ltd cap.* 35 Honolulu Plantation cap'1.50 *6 *1 *6 • 3 2 17 20 16 89 90 10 Sale —- 61 11*6 Sale 14 15*6 95 92 17*6 230 250 1*6 Sale 13*6 Sale 13 13*6 17 11*6 9*6 6 4 % % % % 25*6 48 20 45*6 33 8*6 9*6 8*6 ----- 1 I 32 3 *6 7 85 2*6 40 8*6 2 Sale 9 33*6 7 21*6 24*6 10 11 40 38 22*6 *6 2*6 Sale 8*6 25 Sale 65 8*6 Sale 14*6 15*6 6 19 Mar. 10 65 Mar. 10 18 27 24 22 Jan. 87*6 Feb. Mar. 26 Mar. 10 70 5 19 21 Seller 97 Seller 5 *6 Mar. Mar. 22 2 Mar. 8 10*6 Mar. 4 8 90 856 Mar. 31 Mar. 3 63 8*6 Mar. 28 12*6 Mar. Mar. 61 Mar. 14 4 Mar. 29 Mar. 17*6 Mar. 250 230 Mar. 4 94*6 Mar. 16 9*6 11 4*6 Sale *6 *6 *6 —-- 22 42*6 Sale ----- 1 31*6 3 *6 6*6 12 7*6 8*6 1*6 7*6 ..... 6*6 21 38 30 7*6 25 Sale 4*6 4*6 6*6 5*6 4*6 150 828 Investors Assn The capital.* 1*6 3 2 336 5 9 11 3 Feb. 1 65 Mar. 11 9*6 Jan. 28 1256 Mar. 11 Mar. 5 *6 Jan. 5 3 Jan. 5 19 Jan. 19 Feb. 9 101 8*6 Jan. 4 Jan. 20 Jan. Jan. 7 5 11*6 Feb. 13 13 18 6 16 Feb. 29 65 8*6 Mar. 28 15 26 Mar. 29 15 Jan. Jan. Jan. 96 Jan. 61 Jan. 91 16 Jan. 5 15 Jan. 16 9*6 Jan. 26 Feb. 11 Mar. 9 4*6 Mar. *6 Mar. *6 Mar. 4 14 Mar. 20 Mar. *6 Feb, 11 H Mar. 29 17 Jan. 8 Mar. 48*6 Mar. 42*6 Mar. 40 Mar. Mar. 8 Mar. 12 5*6 Mar. 9 8 16*6 Jan. Jan. 14 4*6 Mar. *6 Mar. *6 Mar. 20 6 9 Mar. 1*6 Mar. Mar. 13 19 Mar. 230 1*6 Mar. 13 17*6 Feb. 4 Jan. Mar. 30 245 2*6 Jan. 1*6 Mar. 24 Jan. Jan. 4 Mar. 24 5*6 Mar. 15 85 Jan. 26 1*6 Feb. 11 10*6 Feb. 4*6 Mar. *6 Jan. *6 Jan. 20*6 Jan. 48*6 Mar. 15*6 Jan. 11 Feb. 15 15 13 31 18 4 15 9 6 18 Jan. 85 1*6 26 Feb'. 11 Feb. 23 Feb. 15 35 6*6 Mar. 28 8*6 Mar. 7 29 3 Feb. 15 56 Feb. 5 5*6 Jan. 2 *6 Mar. 7 1*6 Mar. 11 *6 Mar. 7 1*6 Mar. 11 *6 Feb. 15 1*6 Mar. 11 5 Jan. 8 Mar. 14 36 Jan. 15 9*6 Jan. 21 32 L3 Mar. 30 Mar. 3 32*6 Mar. 30 3 Mar. 3 Mar. 14 33*6 Mar. 1 7*6 Mar. 24 8*6 Mar. 7 Mar. 8 31 Mar. 8 8*6 Mar. 3 21 21 9*6 Mar . 8 28 31 Jan. 7*6 Feb. 17 4*6 Mar. 28 4*6 Mar. 15 2 Mar. 4 5 Mar. 4 4*6 Mar. 15 2*6 Mar. 28 3 16 *6 Feb. 15 21 8*6 Mar. 31 Jan. 20 3 Jan. 14 4*6 Mar. 15 38 5 13 3 Mar. 1*6 Jan. 5 % Feb. 8*6 Feb. 8 21 38 37 4 Mar. 13 230 82*6 3*6 33 Jan. Jan. 25 3*6 Feb. 16 3 2*6 Mar. 9 14 91 1*6 Sale 13*6 Sale 13*6 13*6 3 162 8 *6 1*6 18*6 88 5 2*6 Feb. Mar. 11 65 7 *6 Mar. 29 2 Mar. 22 Mar, 16 8 11 114 Jan. Mar. Feb. Jan. 1*6 Jan. 8*6 Mar. 3 1256 Mar. 11 3 Mar. 31 91 6*6 21 Jan. Jan. 280 Jan. 1*6 1*6 142*6 2*6 2*6 Mar. 14*6 20 16*6 Jan. Jan. 101 Mar. 3 90 8*6 9 Mar. 8 90 90 *6 1*6 Sale *6 36 9 50 4 5 4 13 12*6 Jan. 15*6 Mar. 17 7 19 2*6 4*6 value. Feb. Feb. 45*6 Feb. 3 100*6 Jan. 102*6 Feb. 13 104*6 Jan. 92** Jan. 92 Jan. 11 2*6 Mar. 10 1 *6 Mar. 24 11 1,299 Hunt Bros Pack Co cl A __* 60 Hutchinson Sug Plant cap. 15 No par 80 63 7 62 Mar. 10 7 1 2 280 46 25 * Jan. 4 Mar. 99*6 Jan. 11 96*6 Feb. 13 99*6 Mar. 11 10 Mar. 21 99*6 Feb. 10 102 9936 Jan. 23 97 Feb. 15 Mar. Mar. 18 114 Mar, 4 2*6 Mar. Mar. 7 2*6 Mar. Mar. 150 " Mar. 2 150 56 3 '"560 Mar. 103 86 113 8*6 2 5 Ltd— Common capital Co 70 Mar. Sale 11 48*6 25 2,035 Haiku Pineapple Ltd com..20 238 Preferred.. 1 25 Hawaiian Commercial&Sugar 9.832 Golden State Ltd cap 22 "7"" *10*6 27*6 ; 156 10 10 42*6 Sale * * * * capital B 8 14 Home Fire & Marine Insur 635 14 65 300 60 65 10*6 4*6 % 2 * 472 General Paint A 375 99*6 Jan. Feb. Feb. Jan. Feb. Jan. Jan. 19 100*6 Mar. 101*6 Feb. 2 103*6 Jan. 98*6 Feb. 19 101*6 Mar. Mar. 94*6 Jan. 7 98 5 Mar. 21 13*6 Mar. Sale 277 10 8*6 Sale — 13 Hawaiian Pineapple 25 100 Mar. 21 102 65 70*6 112 114 114 2 Sale 1*6 1*6 2 3*6 146*6 151 150 2*6 2*6 Sale 1% 1*6 Sale 60 9*6 3*6 % % 650 Jan. 25 87*6 Mar. Mar. 26 86 102 15 14*6 325 10 12 9 13*6 2,662 25 52 79 1 105 8*6 Inc class A partic pref * CrockerFlrstNatBkSFcaplOO 250 1*6 17,161 Crown Zeller com vot tr ctfs * 8*6 3,509 Preference series A * 8*6 606 Preference series B * 569 15 96*6 Jan. _ 58 200 Jan. Feb. 97 6,343 common 50 72 Jan. 98*6 Feb. Sale 68 68 103 26,582 California Packing cap * 115 Calif Water Service pref__100 109,981 Caterpillar Tractor cap * 1,415 Clorox Chemical A * 4l4 Coast Cos Gas & EI 1st pf 100 Consol Chemical Industries 951 23 86 *6 101 86*6 60 *6 20 20 27 Calaveras Cement Co pf_100 4,450 California Copper cap ;__10 360 Calif Cotton Mills cap 100 295 California Ink Inc A * 648 Calif-Ore Power 7% pref.100 100 35 Mar. 10 1013-6 Mar. 24 101*6 Mar. 24 Mar. 22 97*6 Mar. 11 98 100 Preferred 430 3,397 Mar. 40 99 915 Calamba Sugar Estate com 425 Mar." 11 79 Calif 6s..1942 910 El Dorado Oil Works cap 287 99*6 1 Mar. 104 % Sale 87 8 17 98*6 100*6 99*6 96*6 98?6 4 65 Mar. 10 65 Mar. 10 100*6 Mar. 18 100*6 Mar. 18 65 97 95 *6 Jan. 93*6 Feb. 40*6 Jan. 99 102 101 Mar. 38*6 Mar. 31 Sale 65 99 13 13*6 13*6 10 280 325 100 280 102*6 Anglo & Lon Paris N B S F 100 103*6 115 1*6 1*6 1*6 Assoc Ins Fund Inc com caplO 2*6 2*6 1*6 Atlas Imperial Diesel Eng A * 147*6 150 Bank of Calif Nat Assn caplOO 145 2*| 2*6 Sale Bond & Share Ltd cap * 1*6 1*6 1*6 Byron Jackson com cap * 394 4 103 1957 5s 9,195 250 38 *6 100 100*6 Mar. 22 101*6 Mar. 7 98*6 Jan. 8 94 47 40 40 195 Anglo-Calif Trust cap 250 Mar. 79 61 36 21 Jan. 7 Mar. 18 40 6 41*6 Jan. 48% Mar. 15 95% Mar. 4 2 4 103 Sale 79 Par. 5,320 64 56 40*6 Sale Jan. Mar. Feb. Jan. 52 Mar. 45 ~99*6 Mar.11 Ry Equip & Rlty Co 6s 1938 S J Lt & Power Corp 6s..1952 310 35% 99*6 99*6 96*6 Prices. Mar. Feb. 27 101 100 93*6 Feb. 17 46 103 14.113 Alaska Juneau G M cap """"80 Prices. Mar. 12 99*6 Mar. 1 100*6 Mar. 22 1013-2 Mar. 7 101*6 Mar. 7 96*6 Mar. 2 96Vs Mar. 2 64*6 Mar. 29 67*6 Mar. 7 95 *6 Mar. 44 *6 46 101 1936 5s___1937 .1952 STOCKS 4,013 40 Sale Sale Prices Mar. 7 Mar. 18 1 101 100*6 Mar. 95 Pacific Pub Serv Co 5s 5s. "60" "64"" Sale Sale Prices. Highest. Lowest. Highest. 94*6 1955 Pacific Tel & Tel Co ----- 66 *6 64 - 99M 91*6 1942 1940 1960 1952 - - 5s Shares. Shares. RANGE SINCE JAN. 1. 39 45 100 1947 1943 1949 5*6s_... 5*6s ----- 38 4,000 Mercantile Am Rlty Co 5s 1951 1945 20,000 Miller & Lux Inc 6s 78 1935 63,000 5,000 Nor Calif Pow con 5s____1948 Orpheum Theatre & Rlty Co 6% 1946 4,000 8,000 Pacific Gas & El Co 5s...1942 6s 1941 5,000 2,000 101*6 101 Sale Ask. Bid 100 5% 2,000 1,000 6,000 4",000 Ask. Bid. 1935 Atlas Diesel Eng Co 6%__1935 Calif Gas & Elec Corp 5s. 1933 147.000 Emporium Capwell 5J6S..1942 5,000 Great Western Power 5s. 1946 2,000 Ins Exch Bldg Co 6s. ..1931-44 10,000 L A Gas & Elec Corp 5s__1939 6s 1942 30,000 54,000 1,000 Ask. Associated Oil Co 6% Calif Ore Power Co 6s_. 650,500 - Lowest. {March 31. March 1. 1932. Bid. $ 7,000 51,000 3,000 1,000 2,000 20,000 Jan. 1 to March 31 Jan. 2 Since 1. In $191,000 660,500 $190,500 March Price STOCK March. Bond Sales. PRICES IN MARCH. FRANCISCO EXCHANGE SAN AGGREGATE SALES, 1931. 1932. ' 1931. 1,085,627 3,491,099 1932. Stock Sales. Mar. 8 10*6 Jan. 5 Jan. Feb. 20 18 456 Jan. 23 Feb. 25 67 SAN FRANCISCO STOCK EXCHANGE AGGREGATE SALES. In March. Jan. 1. Shares. SAN FRANCISCO STOCK EXCHANGE Shares. PRICES 892 Jan. 2 STOCKS March 1. 1932. Par. Bid. 2,249 Langandorf United Bak cl A * 7% 40 Leighton Industries cl B vtc * ~ 4,120 Leslie-Calif Salt Co capital.* 6 168 723 L A Gas & Elec Corp pref__100 1,460 Lyons-Magnus Inc A * Ask. Bid. 96,225 Magnavox Co Ltd capital * 215 215 Magnln & Co (I) common 130 Preferred * 10 584 2,217 Marchant Cal Mach Co 100 com 10 25 Market St Ry Co 2d pref__100 36 15 :: 30 46 3,160 Mercantile Amer Realty Co 36 Preferred 6% cumul 100 160 North Amer Inv Corp com. 100 70 6% preferred 100 51 5%% preferred 100 9,940 North Amer 6% 2% Sale % Sale —7% 63% 90 1 % 2% 6% 75 3 5 5 19 ""210 2,176 Oliver United Filters Inc A__* 1,580 6% 1% 20,742 11,538 4,171 8,057 1,340 9,900 10,559 1,937 67,903 Pacific Gas & Elec Co com.25 47,598 6% 1st preferred 25 5 %% 1st preferred 13,692 25 21,495 Pacific Lighting Corp com..* $6 dividend pref 2,838 * 16,318 Pac Pub Serv com non-vot--* First preferred 22,485 * 5,793 Pac Tel & Tel Co common. 100 33 % 1,639 930 175 VA 10% 98% series 2 100 . 260 5,145 21,178 410 510 Series A preferred Preferred H 11% Sale 151 11,194 2,387 1,693 100 29,389 Shell Union Oil Corp com..* cum conv 100 Teleph Investm't Corp cap.20 130 Thomas Allec Corp class A__* 7,781 Tide Water Assoc Oil Co com * Preferred 100 1,056 1,165,818 Transamerica Corp capital * 110 Traung Label & Litho cl A__* I 17,911 Union 34,252 Union Oil Associates cap'l.25 Oil Co of Calif cap*1.25 700 Union Sugar Co common..25 100 20 Weill & Co (Raphael) 20 Sale 12% 8 Sale 35 Sale 24% 22% Sa'e 38% 93% 12 a 94 96% Sale 103% Sale Sale 20 "2% 10% 10 ~6% "7" i: % % % 6% 91 1 105 Sale 2% 104 ""§ 17 11 40 ... 9% ~ 27 9% 7% 6 Sale 19 47% 79% Sale 27% 10% 10 8 45 common 10 .- •a," (Consolidated) cl A value ser 1.50 2% Mar. 28 % Alar. 24 6% 6 65 1% Mar. 14 6 62% Alar. 28 1% Mar. 4 55 60 3 4 15 3% 10 5% 1% 32% Mar. 17 6% 93% 2% % 6 Mar. 7 58 Mar. 30 Alar. 23 Mar. 17 12 Alar. 26 Mar. 14 12 13% Alar. 17 3% 11 3 12 Sale Sale Sale .86 "2% Mar.""I 31% Alar. 24% Alar. 22% Alar. 37% Alar. 89% 2% Sale 12% Sale 92 94 94 Sale Jan. 8 1% Jan. 28 2% Mar. 4 Mar. 25% 5 Alar. 12 22% Mar. 11 9 41% Mar. 2 93% Mar. Alar. 2% Mar. 3% % 14% 12% Mar. Alar. 3 Alar. 3 5 Alar. 10 WJJ "47" 21% Alar. 29 5% Mar. 21 6 Mar. 11 6 Mar. 28 7 Alar. 28 &% Feb. 11 % Jan. 29 % Jan. 21 3% Jan. 6 Sale Sale 50 51 96 Alar. % Alar. 4% 2% 22 4% 52 6% 2% Sale Sale m 40 4% 2% 23% 4 Sale Sale Sale 6 11 19 4 11 3 Mar. 4 Mar. 3 Jan. 2 4 23% Mar. 30 Mar. 21 Jan. 13 30 47 Alar. 51 Alar. 41 Feb. 10 51 10 76 10% Alas. 76 9 Feb. Alar. 28 Mar. 28 19% Mar. 31 Mar. 10 Jan. 5 5 8% Feb. 6% Mar. 16 6% Mar. 27 Alar. 10% 37% 11% 10% 7 Jan. Jan. 18 3 7 Mar. 16 Feb. 10 Feb. Mar. Mar. Mar. Jan. Mar. 21 7 Jan. 22% 2% Alar. 22 20% Alar. 1 3% Alar. 3 27% Mar. 15 Alar. 5% Alar. 7 2 Feb. 6 27% Feb. Jan. 2 50 4% Feb. 5 2% Mar. 22 20 Feb. 4 2% Jan. 2 7 21 Mar. 22 50 3 4 14 18 23 26 29 Jan. 9 8% Alar. 30 6% Mar. 16 24% Mar. 28 4 18 14 14 18 18 3 3 5 4 8 21 6 Jan. Jan. Jan. 13 Sale 15 Jan. Jan. Jan. Feb. Feb. 5% Jan. 10 48 6 Sale Sale 29 11% 6% 9% % % Mar. 11% Alar. 10% Alar. 24% Mar. 11 10 Alar. 30 Jan. Jan. Mar. 29 10% Jan. Mar. 10 9 Feb. 16 50 40 10 Feb. 101% Mar, 31 107 5 96 89% Jan. 1 % Mar, 16 106% Mar. 10 7 28 Mar. 11 101% Alar. Sale 91% Alar. 1% % Alar. 8 ;2% Mar. 25% Jan. 5% Mar. 1% Jan. 6 Sale Feb. 16 5% Feb. 23 12% Feb. 4 15 104 7 9 8 7 7 13 Feb. 112 Feb. 102% Feb. 15% Mar. 5% Mar. Jan. % Mar. % Alar. 5% Mar. Mar. 3% Mar. 14% Mar. 6 % Alar. 8 % Alar. 7 0% Alar. 29 5 13 6 30 15% Mar. 23 95 10 % % 5% 59 Jan. Jan. 24% Jan. 41% Feb. Feb. Jan. 19% Alar. 31 10 93 Jan. Jan. 63% 1% an 10% Jan. 10 10 Sale 2 1 Mar. Feb. Feb. Feb. Feb. 11% Alar. 12 10% 6 31% 24% 22% 36% 91% 1 10% Alar. 10 26% 9 Mar. 26 Feb. Mar. ..... 13% Mar. 17 3 110 101% 1 10 104 6% % % 5% Feb. 2 Alar. 12 Mar. 17 3% Feb. 16 Mar. 14 Alar. 104% Sale 103% Alar. 15% /Sale 15% Alar. 5 5% 5% Mar. 1% 2% 10% 9 2 2 Mar. 31 14 3% Mar. 26 1% Feb. 18 Mar. 14 6 30 6 ' 6% 2% 9 100 Mar. 14 Jan. Prices. 9% Mar. 10 Jan. Jan. Jan. Jan. Jan. 1% Mar. 3% 15% 13% 4% Alar. 23 25 Jan. 61% Jan. 59 3% Mar. 30 15 Ifd Sale 38 58 8% 8% 19% Sale 40 6% Mar. 14 62% Alar. 28 1% Alar. 2 Mar. 31 9 97% Mar. 7 3% Mar. 26 1% Mar. 7 72 Sale 16 1 Mar. 30 10% 50 1% 8% Mar. 95 SO 18 Jan. 5 4% Feb. 3% Jan. 14 27% Mar. 15 11 Sale 6 Feb. 17 12 Sale 1% 4 Sale 2% 17 185 1% IS 9% 4 190 2 19% Alar. 15 15 Mar. 12 13 Mar. 15 15 10% 11% 1% Sale 12% 1% 10% Alar. 31 11% Alar. 29 12 Mar. 8 10 Feb. 5 12% Jan. 15 13% Alar. 8 11 Feb. 10 14 Jan. 15 1% Jan. 12 2 Feb. 1 98 14% Yellow & Checker Cab Co— 755 95 9% 25% 9% 24% 180 7% Jan. 1 4% 1% 9% Alar. 10 74 102 17.523 Sale 24 25 Sale 665 West Amer Finance Co pref 10 Western Pipe & Steel of Calif 8% Mar. 22 Highest. Sale Sale Prices: Prices 1 3 3% 24% 4% 9 2% Sale 24% 25% 2% Sale 14 17% 10% 11% 12% Sale 1 1% Sale 93% Sale % 1% 20 pf.100 10 Sale % 4% 60 Lowest. Highest. Sale Price. 46 46 103 350 ,\c 39% 13% 4 543 WeilsFargoBk & UnTr cap 100 4,093 9* 94% ----- 220 *• Sale Sale 4% 2% "5% "id" 100 pref 100 426 Sherman Clay & Co pr pref 100 76 Sierra-Pac Elec Co pref 100 1,326 Socony-Vacuum Corp cap'l 25 45,356 Sou Pacific Co com (cap'l).100 4,400 Sou Pac Golden Gate cl A__* Class B * 1,793 1,330 Spring Valley Co Ltd capital * 110,229 Stand Oil Co of Calif capital * 525 4 4% 11% 6% 2% 3 * San Joaq 5%% 60 ----- * Lt & Pr prior pf.100 Prior preferred series A. 100 619 200 Schlesinger & Sons cl A com * 1,005 3% 13 4 Preferred ..... Sale 25 * 1% 7% Lowest. Ask. 1 Sale 118 _. 134 55 95 93 23 120 6,938 9,384 22% 108 com 1,098 Rainier Pulp & Pap cl A com * 4,656 Richfield Oil Co of Calif com * Preferred 25 2,608 * 1,891 Roos Bros Inc common 450 626 Sale Sale 39 * 190 130 3,705 Sale 100 Cos Inc 1,456 Ry Eq & Rlty Co 1st pref 3,126 1,608 909 209,608 25% 22% 10 2 100 Phillips Petroleum Co cap--* 405 Pig'n Whistle Corp partic pf * 100 140 Preferred 17,854 Paraffine 1% March 31. Bid. 13 4 12 824 90 62 10 Oil Consol cap. 10 ■764 Occidental Insurance cap'l 10 10,052 < 12 10 23 ' 8% 1 Sale 96% 98 2% 3 1% Sale 5 7% % 8% 94 23,898 Ask 8 11 Sale 1 2,566 310 RANGE SINCE JAN. 1. IN MARCH. Price Since Sal© 98 Alar. 30 98 182 1% 16% 4% 200 1% Sale 9 2 190 Alar. 4 Alar. 30 Alar. 2 98 2 200 1% Alar. 15 15% Alar. 31 Mar. 4 Mar. 30 98 Mar. 14 175 1% Alar. 24 19% Mar. 2 Feb. Mar. 12 Mar. 30 1 200 1% Mar. 15 2 Jan. 20 Feb. 18 6% Jan. 20 15% Jan. 6 Feb. 5 29 Mar. 14 13 Pittsburgh Stock Exchange MONTHLY AND YEARLY RECORD r". RANGE OF PRICES ON PITTSBURGH 103,601 March- 340,626 Jan. 1 to March 31 Shares - Jan. 1 to March 31- 1931. $3,000 89,939 249,456 March 1932. Bond Sales. 1931. 1932. Stock Sales. STOCK EXCHANGE 12,000 $2,000 J AGGREGATE SALES. \ PRICES PITTSBURGH Jan. 2 In Since March. Jan. 1. STOCKS 10 Bid. * Ask. Bid. Ask Sale Sale Prices. Mar. 19 9% Mar. 22 10 13 Sale 10 995 751 2,016 1,191 1,750 > 25 1,438 Calorizlng Inc pref... 19,634 Carnegie Metals Co.......10 • 640 Clark (D L) Candy 200 7,247 6,712 Columbia Gas Ac Electric 1H 4% Sale 10 Sale 2 $ ,.!« 40 Donahoes Inc cl A 10 .. 1 55 .... ....* 50 McCrady Rodgers pref.. 50 * 75 McKlnney Mfg Mesta Machine.. 5 1,390 70 6,884 1,565 Nat Flreprooflng Corp pref 50 3,000 ,.2." -358 8)4 Sale 36 13 X ... 3 75 57 25 14,021 Pittsburgh Plate Glass 5,402 Pitts Screw At Bolt Corp.... * 5 5,500 Plymouth Oil 7,435 1,225 3,019 2,649 235 550 1,938 :: 18)4 Sale 7)4 10 5,493 3,219 , 1 3 3 Mar. 8 12 5 Mar. 7 4)4 Mar. 22 Shamrock Oil Ac Gas ....* Standard Steel Spring... * United Engine Ac Fdy United States Glass Co.. .1125 * 508 Vanadium Alloy Steel... 465 Waverly Oil Works cl A ...I* * 9,416 Westtnghouse Air Brake. "IIso 3,319 We8tghouse El Ac Mfg Jan. Jan. Mar. Mar. 7 7 6 25 27 7)4 Mar. 30 Mar. 31 Jan. 5 Feb. 4 Mar. Jan. 2 10% Jan. 12 Feb. 6 13 30 2)4 Feb. 29 5% Feb. 19 10 Jan. 8% Mar. 2 7 3 Jan. 25 2 Jan. 12 8)4 Feb. 13 14% Jan. 9 21 18 7 3 Jan. 8 27 8)4 Jan. 27 7 Jan. 5)4 Jan. 5 50 21 21 12)4 Mar. 26 13)4 Mar. 1 Jan. '«7 Mar. 29 10 Mar. 29 3 Sale 77 Sale 2)4 2)4 50 54 5% Sale 3 58 Sale Sale 2)4 Mar. 16 2)4 Mar. 14 3 Mar. 12)4 7)4 4 1 2 10)4 Sale 18 % 1)4 18 % 1H 1)4 14" 12 19 12 "26" 14 Jan. 13 13 Feb. 20 85 3 Feb. 20 Jan. 9 2 4 Jan. 2 Feb. 10 2 25 Mar. 29 3 80 Feb. 60 Jan. 27 Mar. 29 61 Jan. 28 9% Jan. 14 Mar. 29 78 58 Mar. 1 54 7)4 Mar. 1 5X Mar. 30 36 Feb. 6 1 Jan. 12 12 Mar. 26 5% Mar. 30 12 Mar. 26 7)4 Mar. 1 Mar. 11 14^ Mar. 7)4 Mar. 1 1 7c 6 7)4 Feb. 4 20 3 Mar. 29 6)4 Mar. 1 4 Mar. 16 Mar. 28 19J^ Mar. 29 1)4 Mar. 18 1)4 Mar. 10% Mar. 21% Mar. Mar. 4 Mar. 31 12)4 Sale' 12 23 Sale 23)4 Mar. 30 15 12 9 Jan. 15 10)4 Jan. 20 9 23 7c Jan. 6 Mar. 21 Feb. Feb. Feb. Jan. 2 9% Mar. 26 18 4 12 32 9 1 17% Jan. 5 20 7 6% Feb. 6 3 1 3)4 Mar. 7)4 Mar. 19)4 Jan. 6 32 Mar. Jan. 4 9% Mar. 26 20 Feb. 1 Feb. "3)4Mar."l6 1 42 3% Jan. 6c Mar. 11 Mar. 21 1 1 18% Mar. 25 1 Mar. 29 2 Sale 29 4 3 2 7 2 2 Mar. 3 12 Mar. 9 9 4)4 Feb. 7)4 Jan. 16 14 12 Mar. 29 1 Feb. 4 Jan. Jan. 5 15 Jan. 2 Feb. 19 1)4 Jan. 29 Jan. Jan. 6 Jan. 18 14 Jan. 20 1% Feb. 2 3 Jan. 11 12 Mar. 31 23% Mar. 30 6% Feb. 10 25 13 200 Worthington Ball Bear B._* 18 22 Jan. 1 18 4 16)4 Mar. 8 27% Mar. 23 Feb. 3)4 Jan. 10 Mar. 12 14 3 15 % Jan. Mar. 3)4 Mar. 16 Sale 3 3)4 6)4 Sale Sale Jan. 10 54 10 20 Jan. 60 60 4)4 Mar. 7H Mar. .... 3% 6% 14 29 10% Jan. 3)4 18)4 Sale 3% Sale 6)4 5 Feb. Mar. 7c 4)4 Sale 7)4 Sale Sale Jan. 3 .11 19 Jan. 10 85 6c * 200 :.0 , 1 3 1% Mar. 8)4 Mar. 16 6 56 11 14)4 Sale 7 % Sale __* 295 Pittsburgh Forging* 100 Pittsburgh Invest Security.* 1,925 7% Feb. 3 Sale 7)4 Sale 100 Petroleum Exploration....25 3,819 2,570 3,200 Mar. 11 20 1% Mar. 21 4)4 Jan. 2 6 Mar. 29 Mar. 10 40 25c 11,400 Phoenix Oil .....50 2,116 Pittsburg Brewing Preferred... 50 1,280 13 Pittsburgh Coal preferred 100 $ 1 7)4 Mar. 30 Mar. 31 12 Feb. 8)4 Jan. 2% 80 585 Koppers Gas Ac Coke pref.100 50 1)4 Sale 3 85 635 Jones Ac Laughlln St'I pf-.lOO 600 12 4 -.100 190 885 8)4 Sale Mar. 10 10 315 89,650 3 Mar. Mar. Mar. Mar. Jan. 9% Mar. 22 1 1 8 7 2)4 5)4 7)4 8% 65 .. 1,885 Independent Brewing.....150 Preferred ; 50 1,435 36,380 10 50 * 830 Lone Star Gas Mar. 29 7)4 Mar. 30 ...100 Preferred 10 1% Mar. 21 4)4 Mar. 23 6 '7)4 Sale 4X .... 495 5 5 Preferred * 120 425 Harb-Walker Refrac com...* 30 Sale 8 Mar. 7 9% Mar. 22 12 * 10 Follanabee Bros pref 4,590 Hachmeister-Lind Co 935 8 .... Sale 13)4 * Highest. Sale Prices. 50 10 Consolidated Ice 150 5 4% 830 Crandall McK & Henderson.* 1,345 Devonian Oil.............10 600 2)4 Sale Sale 7H Prices 30 10 Amer Fruit Growers pref.100 * 1,520 Arkansas Nat Gas Corp Preferred-. —....10 2,467 ._..._* 2,647 Armstrong Cork Co. -..._.--* 7,805 Blaw-Knox Co 950 Lowest. Sale Prices Highest. Lowest. March 31. Ask. Bid. 10 * 2,031 Allegheny Steal 5,060 Aluminum Gooda Mfg 480 March 1. 1932. Par. Shares. Shares. RANGE SINCE JAN. 1. IN MARCH. Price STOCK EXCHANGE 16% Feb. 15 Feb. 3 6)4 Feb. 10 UNLISTED. 447 ■ ■ 5,418 9% Jan. 20 * 271 Central Tube Co 887 Copperweld Steel...._...._* Leonard Oil Development..25 3,000 100 275 Lone Star Gas pref West Public Service v t c ..* 16,455 5 25c Mar. 29 7 Mar. Mar. 29 10^ Jan. 28 10 Feb. 30c Jan, 13 8 5 19 25c We Sale 4 Sale 3 J4 Mar. 28 5 Mar. Jan. 8 75 75 3)4 Sale 5 2 50c Jan. 3% Jan. 7 4 76 5 Feb. Feb. Jan. 23 56 Jan. 3 BONDS. $2,000 Pittsburgh Brewing As..1949 * No par value, x Ex-dividend, r 50 55 55 Cash sale. .--•r \ In the earlier part of this of of General Quotations we combine in one comprehensive whole, securities of all classes and descriptions, not only those dealt in on the exchanges, but also leading unlisted and inactive securities. The following is an index publication complete records of the dealings the country, for the latest month and for the to the calendar year to date, are on the leading stock exchanges In this department furnished. different classes of securities quoted: Public Utility 69 . Steam Railroad Stocks Bonds ...75 Public Utility Stocks.. ...73 Joint Stock Land Bank Bonds.... Joint Stock Land Bank Stocks.. 80 91 Industrial & Miscellaneous Bonds... ..83 91 —... Federal Land Bank Bonds...... Industrial & Miscellaneous Stocks... ..87 —92 ... Page Page Page Steam Railroad Bonds Textile Manufacturing Investment Trust Stocks and Bonds......74 Mining Stocks........ Title Guarantee and Safe Deposit —87 Stocks..87 Municipal Bonds—...—92 United States and Canadian Municipal 86 Stocks ..86-112 Stocks and Scrip Real Estate Trust and Land Stocks 85 Exchange Seats.... Real Estate Bonds.......................100 Insurance Foreign Government Bonds ....—....94 ———.93 Bonds ...86 . Quotations from all Stock Exchanges are as near as possible for the closing day of the month preceding the date of issue. As the New York Stock Exchange began with Jan. 2 1909 to quote all bond prices "and interest/' we have adopted the same method and no longer employ a designating mark to indicate the fact except where there to the price, he must pay is a deviation from this rule. accrued interest in addition to the price. The reader will understand, therefore, that unless the letter "/" is prefixed This, however, does not apply to income bonds bonds in default, in which cases or the price includes the interest, should there be any. The letter prefixed to bond prices denotes that the quotation is a flat price—that Is, that the accrued interest forms part of the price, and therefore the purchaser does not have to default, the price is always "flat," and no provide for it separately in making payment. Quotations for guaranteed stocks thus (d) are per share. All others are are per It should be borne in mind in the cases As already stated in the case of income bonds and bonds in designating mark is employed to Indicate the fact. Quotations for equipment bonds are based on average maturities "and dividend"; that Is, the accrued dividend must be paid in addition to the price. Stock prices marked cent except bank stock prices, which are quoted per share unless otherwise stated. use of these tables that the quotations for many Inactive and unlisted securities are merely nominal, but in all the figures are obtained from sources which are considered reliable. The folio wing abbreviations are often used, via.; "M" for mortgage, "g" for gold, "gu" for guaranteed, "end" for endorsed, "cons" for consolidated conv" for convertible, "s f" for sinking fund, "1 g" for land grant, "op" for optional. The black-faced type in the letters showing the Interest period Indicates the month when the bonds mature. NOTICE.—All bond prices are "and interest" except where Bonds. Bid. RAILROAD BONDS Adirondack 1st 4%s 1942 guMAS Akron A Barb Belt g 4s 1942. JAD Ak Oant A Youngst— Gen A ref 0s 1945 ser A..AAO Gen A ref 5 Us 1945 ser B AAO Alabama Great Southern— 1st cons g 5s 1943 ser A JAD 1st cons 4s 1943 ser B JAD Alabama N Orl TAP June— "A" deb 5s g '40 red '10-MAN "B" deb g 5s '40 red '10-MAN "O" deb g 5s Nov 1 1940.AAO 85 75 g 1995--.-_.Q-J Eq tr 6s 1932-35 (s-a)-JAJ 15 Ark A Mem By Brge A Term— 1st M 5s 1964 MAS Aroostook Nor 5s g 1947 AAO Asheville A Spartanburg—S U A Ool 1st M g gu 4s 1955 JAJ Atchison Topeka A Santa Fe— Gen mtge gold 4s 1995—AAO Adjustment 4s July 11955 Nov Stamped MAN Oonv g 4s of 09 due 55 op JAD Oonv g 4s of 1905 due '55. JAD Oonv g 4s of 1960 JAD Oonv deb 4%s 1948 JAD Trans 8 L 1st g 4s 1958—JAJ Oal-Arlx 1st Arf 4U* '62 op MAS Atl AY ad 1st gu g 4s 1949—AAO Aug Term 1st 96 95 97 101 100 102 20 7 72 93 75 78% 75 80 87 80" 11* 83 83 82% 88% 86 Series B 1/115 Bocky Mt Div 4s 1965 JAJ 74% Athens Terminal By— 1st g 5s 1937 —JAJ / 25 Atlanta A Charlotte Air Line— 125 82 51 70 MAN 91 82 .... 84% 89% 80% 38 Atlanta Terminal 6s 1939— FA A Atlantic City gu 4s 1951 JAJ 1st M 5Mb 1929 extd as 5% May 1954 4Us 1932-40 (yr)-MAN 4*4* '33-'41 O (yr)-FAA 5s 1932-37 (yr) FAA 5s 1933-38 (yr) FAA 6* *33-'35 (yr)—JAJ 16 Pittsb Lake Erie A W Va— 23 98 20*4 90% to Eq Eq Eq Eq Eq 40 75"" 83 88 „ 1st cons 4s July 1 1952...MAS Ool tr g 4s Oct 1 1952 op.MAN Oonv deb 4s 1939 op 1916MAN 80 11* 11* 60 70 Gen unif ser A 4%a 1964- JAD Eq 6*4* Feb 1936 (v«v»r) FA A ft » Basis. /This price iucludea 6.25 1st 5s 1950—JAJ Toledo A Oln Div 4s 1959.-JAJ Bangor A Aroostook— 1st M 5s g Jan 1 1943 JAJ Oons refund g 4s 1951 JAJ Medford Ext 6s 1937 MAN Piscat Div g 5s Jan 1943-AAO St Johns Biv Ext gu 5s '39-FAA Van Bur Ext 5s g Jan *43. AAO Washburn Ext 1st 5s '39—FAA Bat Creek A S 1st gu g 3s '89 JAD Bay O AB O 1stMg3s 1989-JAD Bedford Belt 1st 5s 1938 JAJ Beech Or 1st 4s g gu 1936—-JAJ 2d guar gold 5a 1936—JAJ Beech Crk Ext 3 Us 1951—AAO 1st g 5a Dec 1 1932 JAD Belt BB A Stk Yds (Ind'p'lia)— 1st ref gold 4s 1939 MAN 6.25 6.25 5.75% 5.60% 77 25% 31 19 25 30 60 98 55 90 90 Boonville St L A Sou 5s '51-FAA Boaton A Albany 5s Oct '63--JAJ 5s June 1942 JAD 5s July 1 1938 JAJ Us July 1937- JAJ 4 Us impt 1978— FAA 4s May 1 1933 gu N Y O.MAN 4s May 1 1934 gu N Y O.MAN 4s May 1 1935 gu N Y O.MAN 78 41% 55% 42% /London, 1st 57 63 60 53 75 72 52 77% B* 85 59 MAS ..MAN 4%*——JAJ FAA FAA JAJ Aug 1942 3s July 1950 JAJ Equip 5 U« 1932-1937 (yr) FA A Eq tr 6s 1932-38 (year) JAD %l 6% 6% ser 4s 6s Jan 1 69 69 69 69 69 69 65 Bost A Maine (old) 4s Feb 1 1937 57 6.50 6.50 6.50 6.50 6.50 69 65 65 65 65 65 AO 5s 1955 ser 2 m 69"" 65 65 69 68 69% 62 71 „ 1st m 4%s 1961 ser JJ AAO Eq 4Us 1933-1943 (yr)—AAO n* 1933 — Wor Nashua A Roch 4-5s 1945 4s Oct 1 1934 AAO Bos A N Y A L 1st 4s g 1955.FAA Boston Rev Beach A 65% 7.50 67 6.50% 65 85 64 51 92 7.50 7.50 70 68"" 97"" 6.50% 6.50% 90"" 60% 75 50 65 90 Lynn— 1st m 4%s July 15 1947-JAJ16 Gen m 6s 1933 JAJ 15 Brook A Mon 2d 5« 1938—-JAD Brun A West 1st 4s 1938 JAJ Buffalo Creek 1st 5a 1941 JAJ lat ref 5a 1961 JAJ Bluff Point Land A Impt—See In Buffalo Bocheater A Pittsburgh— 80 85 85 65 70 60 65 A Ml scell. General 5» g 1937 Oon g 4%s 1957 70 75 80" 91 56 75 89% 92% Eq 6s 98 99 MAS MAN K 1933 (s-aj ...FAA Buff A Susquehanna BB Corp— aer 82 1st 4a Dec 30 1963 .JAJ Burl Cedar Rapids A North— Con lat A coll tr 5a g '34..AAO 68 70 Butte Anaconda A Pac 5a'44 FAA Gain A Clear—lat 5* g 1941. JAJ 96% 85" 75 80 80 Gen M g 4a 1955— FAA Cambria A Ind 1st 4%a '68..JAJ Eq tr 5 %s 1932-38 Canada Atl 85% A Ml (year) MAN lat 4a 1955 JAJ Canada South 5a 1962 ser A. AAO Can Nat Bys 4%s 1954.MAS 15 4%s 1957 4%s 1968 4%s guar 1951. scell. JAJ JAD 35 88 40 80 85 77" 80 _ 93% 90 93 nNominal, Eq tr 4 Us 1932-45(ann).. J AD Canadian Northern— 8 F deb 7s 1940 JAD —JAJ 10-yr g 4 Us Feb 15 1935-FAA Winnipeg Term 4s 1939...JAJ S F deb 6%s 1946 88% s Sale price. 92 65" 7.50 50 85 80% 80 79% 70 6.50% • 60 87 80% 80% 80 81 JVLAS. 4%s guar 1956 ..FAA 4%s guar 1955— JAD 15 40-yr 5s guar 1970— FAA 5s guar 1969 JAJ 5s guar 1969 .......AAO Eq tr 4%s 1932-1942 (gu) MAN ... 79 k Last sale. 5s May 1943 5s Mar 1942- 79 70 85 65 . 1943. 5s May 1940 1st m 5s 1967 70 J&J 1951 5s Jan 77% 5.50% accrue* interest, 3%t Jan 1 Ref 3Us 1952 gu NYC-AAO Boston A Lowell 4 %s Feb '33. JAJ Boston A Maine (new) 5s Sept '41 4s-5s April 1947— 5s Apr 1944 5s June 1945 5s Jan 1946 100 60 Belt By of Ohatt 5a 1945—JAJ Belvidere Del 1st 3%s 1943—JAJ Big Sandy By 1st g 4s 1944-JAD Birm Term lat g 4s 1957 gu.MAS Bluff Point Land A Imp—8ee In Bolivia By 1st 5s 1927 JAJ Boonville BR Bridge 4s *41 -MAN Ask. Boston A Albany (Concluded) Bellingham Bay A British Ool— 4 70 Refund gold 4s 1941—MAN S W Div Atlantic Ooast Line Oo of Oonn— Certs Indebt 5s irredeem.JAD / Atlantic Ooast Line BB— tr tr tr tr tr Bid. Bond*. Ask. gu g Baltimore A Ohio— 1st M 4s g July 1 1948—AAO 1st M 5s Judy 1 1948.. AAO Oonv 4Ua 1933 red 1923-MAS Oonv g 4*4.8 1960 FA A Bef A gen 5s 1995 series A. JAD Bef A gen 6s 1995 series O.JAD Bef A gen 5s 2000 ser D—MAS R* 90 90" Atlanta A St Andrews Bay— 1st 6s. 1938AAO 6s 1947..AAO A us A NW 1st 5s g 1941 JAJ Augusta Union Stat 4s 1953-JAJ Bait A Harris g 5s 1936 MAN 1st 3VI West Ext g 5s 1938 MAN 21 18 11* 1st M 4%a 1944 ser A JAJ 1st M 5s 1944 ser B JAJ Atl Knox A Nor 1st 5s 1946—JAD Oonsol gold 4s 2002 MAS Eq 6s 1933-1935 (yr>—JAJ 15 Eq 4%a 1933-*41 E (yr).FAA Atlantic Ooast Line of S O— Gen 1st g 4s July 1948 .JAJ Atl A Danville 1st 4s 1948 JAJ 2d g 4s 1948 JAJ 71*4 n* 1st Bid. 79 1?* Arbor Bonds. Atlantic Ooast Line BB (Concl) Alabama Tennessee A Northern— Prior lien 6s 1948— 12 JAJ Gen income 6s Oct 1948 3 Alabama A Vicksburg By— 1st M g 5s 1974 serial A..MAN 60 Albany A Susq 3Me gold 1946 (oonv before 1916) gu AAO 75% Alleghany Corp— Ooll tr conv 5s 1944 FA A 20*4 Ooll A conv 5s 1949.—„.JAD Ool A conv 5s 1950.—. AAO Allegheny Val gen 4s 1942—MAS A1 A West 4s guar 1998 AAO Amer Dock A Impt—See Ind A M lace11— Ann Ask. marked "f" and income and defaulted bonds. 80 80% 82% 84 86% 87% 86% 86% I?* 8& 8% II iSft 98% 100% 93% 91% RAILROAD 70 BONDS NOTICE.—All bond prices art "and interest" except where ma. Bonds • . Eq tr 6s 1944 J&J Eq tr 4Ms 1932-1938 s-a-J&D Eq tr 4Ms 1940-1946 «-a_ J&D Oaro Cent 1st g gu 4s 1949- -J&<J Oaro Clinch & Ohio 5s 1938—J&D 1st cons 6s 1952 ser A.J&SD15 Equip 5s 1932-1937 f-a—A&O Eq 5s 1932-1933 s-a -J&D Eq tr 6s 1933-'35 (yrly)_J&J15 Oart & Adir 1st 4s 1981 J&D Oatawlssa cons g 4s 1948—A&O 77 86 76 74M 83 M 6.50% 88 M 6% 6% 6% 86" 50 Cent Ark & Ea 1st 5s 1940 op J&J OentrBr Un Pac 1st g 4s '48-J&D 45 Central of Georgia— 1st M g 5s Nov 1 1946—P&A Registered 31,000 & $5,000— Oons gold 5s 1945 M&N Registered $1,000 & $5,000— Ref & gen 5Ms 1959 ser B.A&O Ref & gen 5m 1959 ser O—A&O Eq tr 4Ms '33-'40«er P(yr)M&S 68 M 15"" 22 7.25 7.25 Eq tr 4Ms'32-'40serQ(yr)M&N Eq tr 5s 1932-'38 (yrly)..J&D 7.25 50 30% 25M 6.25 % 6.25% 6.25% 35 69 M 45" Mid Ga& Atl 1st 5s 1947-J&J Mobile Dlv g 5s 1946 J&J Oconee Dlv 1st g 5s 1945—J&D Ocean S S 1st 5s 1943 -J&J Oent New Eng 1st qu 4s 1961 J&J Central of New Jersey— Gen M (now 1st) g 5s 1987 J&J 75 37 Chat Dlv gold 4s 1951—J&D Macon & Nor g 5s 1946—J&J 95"" 65% 72M 85M 91 6.50 6.25 5.75 90 J&J Eq tr 6s '33-35 (yrly)—J&J15 Eq tr 4Ms 1932-*41 (yr)-F&A Gen M 4s 1987 Central Pacific— 1st ref 4s g guar 1949 5.50 75M 80 79 76 M 40M 45"" 77 F&A 11954—A&O Guar g 5s 1960 P&A m European loan 4s 1946.M&S Oent RR & Bkg 5s 1937 M&N 74 1st g guar 4s Oct Oentral Vermont Ry— 7.50 6.50% Eq tr 5s Apr 26 1932 s-a—A&O 7.50 6.50% Eq tr 5s Dec 14 '32-*44 (yr)—— 95 Ohar & Sav gen 7s 1936 J&J 60 Oharl & W Oar 1st 5s 1946—A&O Ohateaugay Ore & Iron Oo—See I nd&M isc. Chat R & South g 5s 1947—J&J 70 Chattanooga Sta 4s 1957 gu.J&J Ohesapeake Corp—See Misc Bon ds 65 58* 40 33 M 99% 1st M 5s 1945 guar.. A&O Chesterfield & Lane 1st 5s '55P&A Eq tr 6s 1932-38 (yr)—A&O 99% 1st 5s 1933 A&O 5s 1936 J&D Cleve & Mah Val g 5s 1938.J&J Clev & Marietta 4 Ms 1935.M&N Cleveland & Pittsburgh— 5.50% 5.50% 5.50% 99% Gen 97 :::: 75" 45 90 95 86% 87 98 M 80 99 81 60 M 82 m 68 84 Colorado & Southern Ref M g 4Ms May 1 *35—M&N General mtge 4Ms 1980..M&N Chicago Indiana & Southern Ry Con mtge g 4s 1956 guar. .J&J Chicago Indlanap & Louisville— Ref M g 6s 1947 series A—J&J Ref M g 5s 1947 series B J&J Ref M g 4s 1947 series O—J&J 1st & gen 5s 1966 series A.M&N 1st & gen 6s May '66 ser B J&J Equip tr 6s *33-'35 (yr)—J&J15 Monon Coal gu 5s '36 opt J&D Ohic & I O Ry 1st 5s 1936—J&J Chicago Lake Shore & Eastern— 1st M 4Mb 1969 opt 1919-J&D Ohic Memp & Gulf 5s 1940—J&J 49" 79M 42 Conn & Pass 1st g 4s 1943.-A&O Conn River gold 4s 1943 M&S 31 38 29 39 95 30 98 Connecting Ry (Phila)— 1st M gu 4s Mar 15* 51.M&815 Cuban Nor Rys 1st 5Ms '42. J&D Cuba RR 1st g 5s 1952 -J&J 1st 1 & ref g7M» '36 ser A.J&D 35 1st 1 & ref 6s 1936 85 28 32 32 32 M 95 ;3Ms 1987 M&N gold 4s 1987 M&N Stmpd non-pay Ped inc tax Gen M 5s '87 stpd Inc tax M&N G en M 4 M s'87stpd inc taxM&N Gen M 4 Ms'87 stpd inc tax M&N Sinking fund deb 5s 1933-M&N 15-year 6Ms Mar 1936—M&S 1st & ref 5s May 2037 J&D 1st & ref 4Ms May 2037-J&D lot & ref 4Mb May 2037C J&D Oonv g 4Mb 1949 ser A—M&N g 7M 59M 57 M 62 59 70 70 72 General 4Ms 1932 J&J Del & Bound Br 3Ms 1955.P&A Delaware & Hudson— Oonv 5s 1935 A&O b 66 8 b 8 b 8 1st & ref gold 4s 1943 M&N 15-yr g 5 Mb May 1 '37—M&N Eq 6s Jan 15 *33-'35(yr) J&J16 D Rfv RR & B gu g 4s 1936.P&A Del R Ter p m g 5s 1942 M&N 7% 7% 99 93 81 61 80 67 61 69 70 78 87 M 71 > 60 % 98 94 78 % 71 98 20 27M M M&N / 98" Georgia Fla & Ala RR— 15 F&A / 100" 78 Ga Sou & Fla 1st g 5s 1945—J&J Deb 5s 1952— A&O Eq tr 4Mb 1932-1939 a-a.M&N Gouv & Osw 1st 5s g 1942—J&D Gr R & Ind ext 4 Ms 1941 J&J 82 7~ 50 60M b 90 V 90 2d 4s 1936 A&O Grand Riv Valley 4s 1959--M&S Grand Trunk Pacific— 74 58 71 A&O 56 Lake Sup Dlv 4s 1955 A&O Grand Trunk Ry of Canada— Sink fund g deb 7s 1940- -A&O 56 80 85M 87 99 85 90 75M 82 78 60 17 80 6Mb 1936 69" 81 93 97 ItS U 95 97 26 37 40 July 1 1950--J&J 60 64" Eq tr 5s Dec 14 '32-'43 (yr)_—. Grays Pt Term g 5s 1947—J&D Great Northern— ; . Gen M 7s 1936 series A—J&J 1st & ref g 4 Ms '61 opt *41.J&J Gen M 5Ms 1952 ser B—J&J Gen M 5s 1973 ser O J&J 80 88 1st g gu 4s $ , 39 % 39% 23 85 68 89 56 M&S F&A Deb g 6s Sept 1 1936 87 nH 70 Grand Trunk West 4s £ 1950-J&J 70 24M J&J Mountain Sec 4s 1955 67 95 83% 95% 100 1976 ser D J&J 1977 ser E_ J&D Eq tr 4Mb 1932-1939 M&S Eqtr4Ms 1932-1940 D (yr}j&J Eq tr 5m 1932-1938 (yr)—M&S Western Fruit Express—... Eq 5s J'ne 15'32-'39 (yr) J&D Eq tr 4Mb 1932-1940.J&D Great Northern Ry of Canada Oons 4s 1934 opt to 1914—A&O Greenb Ry lstg gu 4s '40--M&N 40 89 % 83% 78 73 64M Gen 4M» Gen 4Mb Green 65 b b b 6% 7% 7% 6% 60 , Bay & West debt certs A.. / 68 87 M 91M 65 7M 20 / Deb ctfs B 5% 1 / 13 M 7 Ouantanamo & Western— 89% 1st M 6s 1958 ser A -J&J Guayaquil & Quito 1st 5s '32 J&J2 Gulf Mobile & Northern— 1st 5 Ms 1950 ser B A&O 1st 5s 1950 Series O.. A&O Gulf & Ship Island RR— 1st ref & term g 5s Feb '52. J&J Gulf Terminal of Mobile— 1st mtge g 4s 1957 gu....- J&J Harl R & Portch—See N Y N Hoboken RR & Term Co— M&S 1st lien s f 6s 1947 Certificates of deposit Booking Valley Ry— . 1st cons gold 4 Ms 1999—J&J Eq tr 5s 1932-1988 (ann)-A&O Eq tr 5s 1932-1939 (yr)—-J&J Eq tr 6s '33-'35 (yr) J&J 15 s 15 13 ^ 23 30 61 66 M — 2 2 25 8 11* 87 34 35 80 M 90 71 . 40 46M 49% 42 54 70 H & Ha rtford / / ^ 7 7 86 6 6.7S 6.75 b 6.71 ft mmm 93 5.75% 5.75% 5.75% 75 1 This price Includes accrued int. k Last sale. I In London, m Dollar per o0u francs per £20. 12 J&J / 5s 1948. J&D / Otfs of deposit J&J J&J g 69 28 1st 5s Mar 1 1964 Ala Term 1st 1st M 3s 1962 21 1 Ga & 1st 4s Feb 15 *42 Alg gu.M&N Gen 4s 1962 Can Gov gu.-J&J Prairie Section 4s 1955—A&O B.A&O 25M J&J & Ala 5s Oct 1957 genesee River 6s 1945 1st 4a Feb 25 '39 Alg gu.M&N Ref & impt 5s 1978 ser 38 50 90 93 Gen income 5s Aug '55—P&A 34 93 87 80 77 36 75 85M 62 30 24 M 7 3 92 M 65 29 9M Georgia & Florida RR— 1st M 6s 1946 ser A 76% 57 83 60 40 Ga Oaro & N 1st 5s g 1929.-J&J / Ext at 6% to July 1 1934 Denver & Rio Grande Western— 80" — 100 llH 65 81M 5 75 70 85 91 57M 70 73 6M 75 - 1st M & ref 6s 1952 58 M Eq tr 4Ms 1932-42 (yr)—M&N b Denver & Rio Grande— 1st con g 4s 1936 J&J 1st con g 4Mb 1936 J&J Denver & Salt Lake Ry— 1st mtge 6s 1950 — Inc mtge 6s 1960 / Des M & Ft D 1st 4s 1935—J&J Certificates of deposit Des Plaines Val 4M« 1947—M&S Det & Mack pr lien 4s 1995. J&D Mortgage gold 4s 1995 J&D 55 Ga Mid 1st g 3s 1946 A&O Ga RR & Bkg ref 6s 1951—A&O 4s Jan 1 1947 J&J 51 80 90 35M M&S Galv Houston & Henderson— A&O 1st M 5s 1933 Galveston Term 6s 1938 M&S a 96" 91 8 1942 7% 7% 100 88 88 85 85 90 J&J '59-J&D Inc deb 6s 1952 b Ex p mon g 5s 95 8% 8% 99M 88% 100 7% 7% Det R Tun 4Mb 1961 gu—.M&N Detroit Toledo & Ironton— b Basis. 70M 73 Delaware R.R.— 65 65 - Gen M 7M B..J&D Imp & equip 5s 1960 M&N Dal & Waco 1st gu 5s 1940-M&N Danb & Norwalk 4s 1955 J&D Dayton Union 4s 1949 J&J Dawson Ry & Coal 5s 1951.-J&J Ohic Milw St Paul & Pac RR— / ser 90 51 44 M 52 Port Dodge Des Moines & Sou— 1st 5s 1938 —_J&D / Ft Smith & West 1st g 4s '54.A&0 Port St Un Dept Det 4Mb '41 J&J Ft Worth & D O 6s 1921— Ext at 5M% to 1961 J&D From Elk & Mo V 6s 1933-A&O Deposit— 1st m 4s 1940 P&A Col & Hock Val ext 4s 1948 A&O Ool & Tol lst g 4s 1955 F&A 60 37M 70 Eqtr 6s 1933-35 (year)--J&J 15 Columbia & Port 35 M 35 (May '32 and May '37 coup). / 76 1st s f 4Mb 1977 ser O—A&O Coal RIv Ry 1st 4s gu '45 J&D 33 M 34 1st cons ref g 4 Ms 1947 J&J Gen ref gold 4s 1950 J&J 1st cons ref 4 M« *52 opt. -M&N / Amended 1st con 4Ks 1982 97% 75 10% 41 Fonda Johnstown & G loversv— 82 10 46" 6.50% , Cleve Short L 4Mb 1961 A&O Cleveland Terminal & Valley— 1st 4s gold guar 1995+---M&N Cleveland Union Terminals— 1st s f 5Ms 1972 series A..A&0 1st M s f 5s 1973 ser B A&O 85M Income 5s Oct 1982: Ohic Grt West 1st 4s 1959—M&S Gen M 1942—J&J 1942—A&O Ser O 3 M" gen gtd 1948.-M&N Ser D 3Ms gen gtd 1950--F&A Gen & ref 4Mb 1977 ser A.F&A 88 84 M 85" 105 93 M Ser A 4M> gen gtd Ser B 4 Ms gen gtd Int red to 3M% 35M 35M 85 Eq 4Mb '32-'35 G (s-a)—A&O Eq 4Mb '32-'41 H (s-a)-.M&S Fla So 1st g gn 4« 1945 J&J Florida West Sh 5s 1934 J&J / Wheeling— Oons now 62 1st & ref 5s 1974— Certificates of deposit 80 70 80 M 5.50% 5.50% 42 M 7.50 1st cons guar g 4s 1940—P&A Olev Cine Ohic & St Louis— Cleveland Lorain & 95 Chicago & Eastern Illinois— 1st consol 6s gold 1934—A&O Chicago & Erie 5s 1st g '82-M&N 60 77 H 80 98 M 63 85 84 79 57 % 48 1st cons 5s gold 1943 Florida East Coast 4Mb 85 b 90 Florida Central & Peninsula— 50 J&J J&J A 80 90 97 1st M 5s 2020 ser B Clearfield Bitum Coal—See Ind & Misc. Clear & M 1st 5s g gu 1943—J&J Cleveland Akron & Columbus— 75 4s July 1 1949 J&J Ohic & East 111 (new co)— Gen M 5s May 1951——M&N 50-yr 5s 1975 series A—F&A Oonv adj 5s Jan 2000 A&O Gen g 4s A May 1 1989. J&J Gen g 3Ms B May 11989-J&J Gen 4 M« May '89 series O.J&J Gen 4Ms May '89 ser E..J&J Gen M 4 Ms May '99 ser P. J&J Eq 4Ms'32-*43 E & P (yr)_J&J Eq 4 Ms '32-*41 G & H(yr). J&J Equip tr 6s 1933-35 (yr).J&J15 Equip tr 5s'32-'40 ser B (yr)F&A Chicago & North Western— ser 85 Gen M 4s 1958 M&S 1st & ref 4Mb ser B 1977.-P&A 1st & ref g 5s 1971 ser A—F&A Illinois Dlv 3 Ms '49 op *29 J&J 75 Oincln North 1st g 4s 1951—J&J Cincinnati Union Term Co— 75 6.50 6.50 70 Equip trust 6s Jan 15 '32-'35 (yearly) J&J15 Chicago Burlington & Quincy— 86 Oin Leb & Nor 4s 1942 M&N Cine & Musk Val 4s 1948—P&A 75 80 Eq tr 6s 1933-35 ?year)-J&J15 Eq 4Mb '32-'41 LL (s-a)—M&8 Eqtr 4Mb 1032-43 (s-a)—M&S Penn coll g 4s Peb 11951—F&A Erie & Jersey s f 6s 1955 J&J Erie & PittsburghGen gu g 3Ms ser B 1940--J&J Series O 1940 -J&J European & N A gold 4s 1933 J&J Fitcnburg 5s Jan 1 1934 J&J 4Mb Jan 1933 -J&J 71% 1st gold guar 4s 1953 A&O 0 IS L & 01st 4s g Aug *36—Q-F Oin Ind & West 1st 5s 1965-M&N Oin N O & Tex Pac Ry— in 99 60% 70 A&O 1951-J&J Oonv gold 4s 1953 ser A-.A&O Series B 1953. A&O Series D 1953 A&O Ref & impt m 5s 1967 M&N Ref & mtge m 5s 1975 A&O 112 Cincinnati Hamilton & Dayton— General 5s gold 1942 J&D 2d mtge gold 4 M* 1937 J&J Cine Ind & St L Sh Line Ry— 1950-J&J 1st & ref 5s 1965 —A&O Erie— Prior lien gold 4s 1996 J&J Gen lien gold 4s 1996 J&J 100 Gen gold 6s Dec 11932—Q-M &J Consol gold guar 4s 1952—J<S 1st & ref 5 Ms 1962 A M&S Choc & Memph 5s 1949 J&J Choctaw Oklahoma & Gulf— Consol gold 5s 1952 M&N 103 M 1st 6s 1910 ext at 4% Income 5s 2862 100 110 98 90 72 90 El Paso & R 11st gu 5s El Paso & S W RR— 75 72 M 90 __ M&N Elmlra & Williams port— 98 90 M 68 Elgin Jol & East 5s 1941—M&N 40 27 Guar gold 5s 1944 Chicago & Western Indiana 1st M 4 Ms 2020 V 93 1963--J&J J&D 1st M 6Ms series O East Tenn Va & Georgia— Consol lstg 5s 1956 81 39 Chic Un Stat 1st 4Mb 1963—J&J 1st M 5s 1963 series B J&J 87 95 6.50 6.50 / 52 M 6.50% 6.50% 6.50% 6.50% 6.50% §5" M&N 1935 5s _ IP 70 6.50 Chic & Alton 1st 3 Ms 1950—J&J RR refunding g 3s 1949--A&O / 70 47 M General 4s gold 1993 .J&D Gen M 5s ser B 1993 —J&D Ref & imp M 6s '41 ser O..J&J Ref & imp M 5s '63 ser D_. J& J Ref & impt 4 M» ser E 1977-J&J Cairo Div 1st g 4s 1939—J&J O W & M Dlv 1st 4s g *91 -J&J St L Div 1st col trg 4«'90 M&N Spr & Col Dlv 4s 1st g '40.M&S White W V Dlv 1st 4a *40-J&J Equip to 6s 1932-1935 Clev Oolum Oin & Indlanap— Gen cons gold 6s 1934 J&J %y< — 7.60 7.50 7.50 7.50 1st & ref g 5s Dec 1 *60 opt J&D Inc mtge 5s Dec 1 1960--M&S 91 Eq 6Ms 1932-35 (ann) J&D Craig Valley 1st 5s g 1940-J&J Potts Creek 4s 1946-J&J R & A Dlv 1st con g 4a '89-J&J 2d con g 4s 1989 J&J Warm Spr Val 1st 5s g '41.M&S Elevator Co g 4s gu 1938--A&O West Poc Corp 1st 4Ms'45 P&A Ohesapeake & Onlo Northern— 7.50 J&J15 Ohic Terre Haute & Southeast 100M M&N 1992—M&S Ref&Impt 4Mb 1993 serA A&O Ref & impt 4Ms '95 ser B J&J Eq tr 4M® '32-40 W (yr).A&0 Eq tr 5s 83-'38 (yr) M&S15 Eq tr 5Ms *32-*37 (yrly)—J&D Eq tr 6s 1933-35 (yrly)_J&J15 - 44 30-yr. conv.4Ms i960—-M&N Eq 6s Jan 151933-'35 (yr) J&J15 Eq tr 5s 1932-38 (s-a)——J&D Eq tr 5s 1932-*34 (s-a)—A&O Eq 4Ms '32-*42 O (yr)—-J&J Eq tr 4Ms *32-*45 (s-a)...J&D Chicago St Louis & N O— Con g 5s June 15 '51—J&D 15 Con g 3M» June 15'51 J&D. 16 Mem Div 1st 4s 1951 J&D 98M 1st gold 5« 1937 J&J Dutchess Co RR 4Ms 1940..J&D Eastern Ry of Minnesota— Nor Div 1st g 4b 1948 A&O Eastern Tenn & West N C— 53 H 31 97 M Gen g s f 5s Jan 1 1941 J&J Duluth South Shore & Atlantic— 68 Chesapeake & Ohio— 1st cons g 5s 1939 General 4M* sold 6.75% 6.75% 6.75% 6 75% General gold 4s 1988.-——J&J Ref g 4s 1934 opt to 1911—A&O Sec 4M* 1952 ser A M&S Eq 6s 1933-'35 (ann) 48M 7.75 Detroit & Toledo Shore Line— 1st gold guar 4s 1953 J&J Dul & Ir Range 1st 5s 1937.A&O Duluth Mlssabe & Northern— 6.75% 6.75% Chic St L & Pits 1st 5s g 1932A&0 Ohic St Paul Minn & Omaha— 25 95 Bid. Bonds. 7.75 7 75 7.75 7.75 7.75 Eq tr 5s '32-'35 ser M (yr) .J&D Eq 5s '32-'38 O (yr)——J&D Eq 6s Jan 15 '33-'35 (yr) J&J15 Eq 6 Ms 1933-36 ser J (yr) M&S Eq 6Ms 1932-36 K (yrj—A&O Eq 4Ms'32-'42 (yr.) ser A jM&N Ohic R I & Pac Ry— 6.50% 6 6 Ask* Chic & North Western (Concl.)— _ 20-yr coll tr 4 Ms 1946 M&S Coil tr 6s Apr 16 1934 A&O Ooll tr 6s 1954 -J&D 8 f 4M» Dec 16 1944—J&D16 Ooll tr 4Ms 1960 -J&J Bid, Bonds Ask. 85 Canadian NW 4Mb Oct 221943.. Canadian Pacific— Oons deben 4s perpetual. _J&J marked 'T* and income and defaulted bonds. n Nominal, r Canadian price, s Sale pries. RAILROAD ifOTIOE.—All bond prion* are "and Interest" except Bonds. Bid. Holidays burg Bedford & Oumb 1st M r 4s 1951 guar J&J Housatonic con 5s 1937 M&N Houston Belt & Term 5s 37-J&J Houston East & West Texas— 1st 5s g May 1 1933 1 st gu g 58 Mar 1933. 88 91 88 91 954 974 M&N Houston & Texas Central— 1st lien g 5s 1937 Hu lson & Manhattan— ^.J&J 1st gold 5s 1957 opt 804 Col tr L N O & T g Ref mtge 5s 1955 Ref g 4s 1955 584 80 584 J&J A&O 4s '53-M&N —M&N Lousiana & North Western— 1st M gold 5s 1935 _ A&O 1st mtge gold 5s 1940 J&J Louisville & Jeffersonville Bridge Guaranteed gold 4s 1945—M&S 50 41 !;:v 38 50-year gold 5s 1937——M&N Unified gold 4s 1940 -J&J 1st & ref54a 2003 ser A—A&O 1st & ref 5s 2003 ser B A&O 1st & ref 44s 2003 ser C-.A&O Eq tr 44s 1932-37 (year).J&D Equip 64a 1933-36 (year) M&S Eq tr 6s 33-'35 (yr) J&J15 Atl K & Cln Dlv 4s 1955- -M&N Pad & Mem Dlv 1st 4s '40-F&A S E & St L Dlv 6s 1971-M&S 2d mtge 3s 1980 M&S Mob & Mont 44s 1945—M&S Southern Ry joint Monon coll gold 4s, 1952 J&J L & N Term 1st g 4s '52 gu J&D Macon Dub & Sav 5s 1947—J&J / Macon Terminal 5s 1965 J&J Mahon C RR 1st 5s 1934-— J&J Maine Central— " 1st & ref 44s 1935 J&D 1st & ref 5s Dec 1935 J&D 1st & ref 6s Dec 1935 J&D Manila RR Sou Lines 4s'39_M&N 4s 1939 ext to 1959 Philippine Govt gu M&N Sinking fund g 7s 1937--M&N Manitoba S W Col 5s 1934—J&D ManitowGB&NW3 4s'41 J&J Md Del & Va 5s 1955 gu F&A / Maryland & Pa 1st g 4s '51-M&S Mason City & Ft Dodge— 1st M gold 4s 1955 J&D / Memphis Union Station Co— 1st g gu 5s Nov 1 1959 M&N Meridian Term 4s '55 guar.M&N 16 Mexican If 55 37 654 374 8.50 8.50 8,50 8.50 8.50 8.50 8.50 8.50 8.50 56 iF WA 75 J&J J&J -J&J 70 78 75 85" A—J&J 85 95 . Indianapolis Union— Gen & refg 5s 1965 ser Series B Ref & impt 44a 1980 J&J Indianap & Lou 1st 4s 1956--J&J Interboro-Met \ See Public Utility Inter :::: 724 Rap Tran J Securities. Ry— 1st M g 6s 1952 series A—J&J Adj M 6s July 1952 ser A-April tnu mat-Great North 1st M 5s 1956 series B 36 12 26 8% 37 25 -F&A J&D / / M&S / Ctf of dep f la Minn & N W 1st 3 4s 1935 Jf&J 34 , 39 35 224 28 34 24 4 7 Certificates of deposit 1st & refg 4s 1951 ;=~ 5 14 14 65 Jacksonv Gainesv & Gulf— 6s 1951 A&O Jacksonv Ter 1st 5s gu 1939 J&J Ref & ext 6s 1907 J&J Jamestown Frank & Clearfield— m 1st g 4s 1959 guar • 1 1 1 68 J&D .... Michigan Central— Ref & impt 44« 1979 ser O-J&.T 1st 5s Kal &S H 1939 M&N 1st mtge M Air L 4s 1940-.J&J 1st g 4s Jol & N Ind.l957J&JlO 1st g 34s J L & Sag 1951-M&S 1st gold 34s 1952 M&N Middlesex Val 1st 5s 1942-M&N 80 ext at Midland 98 Assented Milwaukee 70 ^ 55 85 63 75 75 66 624 98 98 93 854 mmmm 85 95 97 85 60 6.50 6.75 6.75 6 80 8g g* 94 96 56 624 604 81 73 12 70 75 57 60 60 524 644 624 60 994 35" L E 76" 75" 62 75 80 Con g ref 34b 1997 75 J&D Lehigh & New England— 93 1st M gold 5s 1945 J&J Gen mtge gold 5s 1954 85 J&J 7% Eq tr 4 4s 1932-'42 (yr)__A&0 b Lehigh Valley Harbor Term Ry— 1st mtge 5s 1954 F&A Lehigh Valley— 83 1st 6s ext gold 4s 1948 J&D 104 Oon M 6s ann lrred J&D 82 Con M 44s ann lrred J&D 45 Gen cons gold 4s 2003 M&N Gen con gold 44s 2003—M&N Gen con gold 5s 2003 id" M&N Lehigh Valley Goal—See Ind & M lsc. Lehigh Valley Ry of New York 76 1st 44s gold 1940 J&J 85 Lehigh Vail Term 5s 1941 A&O Lehigh & Lake Erie— 1st 44a 1957 guar M&S 76 .... 86 50 494 65 f 1957—J&J A&O 6% g notes *15 ext to '33--J&D 6% g notes £ '15 ext to '33. J&D Nat RR 5f Mex pi g 44s '26 J&J 1st cons gold 4s 1951 A&O National Transc Branch Lines Co -A&O M&N 1st Msf 44» 1955 Naugatuck 1st 4s 1954 New Brunsw 1 st g 5s 1934—F&A Cons deb 4s perpetual J&J New Eng cons 4s 1945 gu J&J Consol g 5s July 1 1945---J&J N Hav & North 4s 1956 gu—J&D J&J J&J 1933 544 1 IK 1 1 1 614 98 76 614 IF 65 21 40 65 A—A&O A&O :::: 324 M&N A--F&A £84 Ref g 34s July 1 1997 J&J Deb g 4s '34 tax-exempt.M&N 5 85 754 554 704 31 548 1954 series A—A&O 1st 5s 1956 series C F&A 1st M 44s 1956 series D-.F&A Eq trust 44s 1932-42 A&O Newport & Cincinnati Bridge— 1st M g 44s 1945 guar—_J&J Newp & Rich? 1st 5s '41 gu.-J&J N Y Bay Ext R 1st 5s g 1943-J&J New York Bkiyn & Manh Beach 1st gold 5s 1935 A&O New York Central RR— 82" 944 tax-exempt..-J&J 814 Conv deb 6s 1935— Cons mtge 4s 1998 ser New York Central & Hud Rlv— 55 694 30 F 14 304 304 7% 81 77 44« 3d ext 1933 M&S N Y & Gr Lake gu g 5s 1940.M&N N Y & Har 1st g 3 4s 2000—M&N N Y & Jer 1st g 5* *32 opt—F&A N Y Lack & Western— 1st & ref 5s 1973 ser A M&N 65 6.50 6.50 6.50 6.50 6.50 6.50 78 57 32 8% 8% 88 90 85 72 40 73 IP 30 25 73 1st &ref44» 1973 ser B.-M&N NYLE&WC & RR—See Ind & Misc. N Y L E & W Dock & Impt—Se e Ind & 67 72 N Y & L Br gen 4s 1941 General gold 5s 1941 RR—* __J&D Eq tr 6s 1933-'35 (year)_J&J15 Mo Kan & Okla, 1st 5s '42—M&N *32-'45-M&N 1937--A&O NY & E 1st 4s ext g 1947—M&N 76 66 6.50 6.50 6.50 6% gold notes 1932 A&O Ref 54s 1974 *er A A&O Ref 44s 1978 ser C_ M&S Equip tr 4 4s 1932 *44 (yr) F&A Equip tr 5s 1932-'38 (yr)—F&A New York Connecting RR— i*t M 44s 1953 series A—F&A 1st guar 5s 1953 series B—F&A 8% 8% 8% 8% 59 654 664 M&N 15 44s *36-'32--J&J NYC RR eq 44« 20 88 6.50 NYO&St L l«t g 4s 60 634 Eq tr 7s '32 '35 (year)—A&015 Eq tr 6s '33- 35 (year)__J&J15 NYC L eq 5s '32-'37 (yr).J&D NYC L eq 5s 32 '39 (yr).J&D NYC L eq 44s 32-'37(yr)M&S NYC Lines eq 4 4 s Mar 15 1932 to 1939 (year) M&S 15 NYC Lines eq 44s '33 *35 J&J NYC Lines eq 44s ,32-'40 NYC RR eq J. J&J 1st gold 4s 1990 Ref & impt 4 4s 2013 A.—A&O Ref & impt 5s 2013 O A&O (yearly) 27 '41opT6-M&N 1942 L S coll tr g 34s 1998 F&A M C coll tr g 34s 1998—F&A -J&J M&S J&D15 b Deb 48 65 A9 5/£ O Ay* 654 374 40 734 734 95 98 / Mo Pacific RR (new company)— 1st & ref 5s Jan 1965 A F&A 41 45 1st & ref 5s 1977 ser F_— M&S 39 40 85 M&S M&S 604 NY & NEBos Ter 4s 1939. -A&O N Y New Haven & Hartford— Deb 0s Jan 15 '48 conv—J&J16 Deb 4s May 11957 M&N Deb 4s July 1 '55 non-conv J&J Deb 4s 1950 non-conv M&N Deb 4s 1947 non-conv M&S 794 Deb 34s March 1947 M&S Deb 34« 1954 non-conv—A&O Deb 34s 1950 conv —J&J 15-year secured 6s 1940 1st & ref 4 4s 1967 1054 A&O J&D 86 IF 55 524 534 504 89 664 Equip tr 44s Sept 15 1932 to Mar 15 1945 (e-a)„M&S 15 tr 44s '32-'46(yr)-J&J b Hari Rlv & Pt Ohes 4s '54 M&N 794 New Orl & Nor East 6s 1915, 1st 5s 1954 series B 44 Prior lien 5s 1962 ser A J&J Prior Hen 4s 1962 ser B J&J Prior Hen 44s 1978 ser D-J&J Adj M 5s Jan 1967 ser A—A&O M K&TofT 1st5sgu 1942M&S Mo Kan & Tex (old company)— /This price iucludes accrued interest. 72 7.50 Eqpt (/Basis. 93 „ 1st M J&J Missouri-Kansas-Texas 107 82 22" 874 Non-cum Inc 5s *35 ser A&O 90 85 95 New Orleans Texas & Mexico— 20 Mlnneap Term 34s '50 opt-J&J Mississippi Cent g 5s 1949 J&J Mo-Ill RR 5s 1959 J&J 6% 60 (year).A&O Eqtr44s 1932-'37 M&N Ref & impt 44s "52 ser A„ J&J New Orl Term 1st 4s 1953—J&J 10 97 904 11 55" Extended at 5% 1940 21 f 4s 8% Nash F & S 1st gu g 5s 1937—F&A National Rys of Mexico— 1st & con & coll tr g 5s 1951 A&O New Orl Gt Nor 1st 5s '55.-F&A — 78 39 s Constr'n44s 1955 ser B-M&N Nashville Chattanooga & St L— 1st M 4s 1978 ser A F&A New Lon Nor 1st 4s 1940 404 1st Ch Ter 15 New Mexico Ry & Coal Go— 1st coll tr g 5s Oct 1 1947- A&O TF tr 44s 1932-'36 (s-a)-M&N b tr 5s 1932-33 (s-a) M&S b tr 6s 1932-'35 (year).-M&S b MStP&SS M & OentTermRy— Lake Shore & Mich South— 30" 244 134 - J&J s-a 534 60 M&N Constr'n 5s 1955 ser A Gen 5s Jan 1 J&J tr 4s *32 \38 J&J 2000—-J&D 65 J&J Eq Eq Eq Eq 244 8% 8% N J June 1st 4s gu 1986 F&A N J & N Y 1st m 5s 1950-M&N :::: 1st ref 54s 1978 ser B 25-year 54« 1949 92 Mont Wyo & So 5s 1939 101 97 Minn St P & Sault Ste Marie— 90 — M&S Consol gold 34s 2002 M&S Monongahela Sou 5s J955--A&O Mont Cent 1st g 6s 1937 J&J 1st guar gold 5s 1937 J&J Prior Hen g 44s s Gen mtge 4s 1977 644 39 Certificates of deposit 1st refdg gold 4s 1949 M&S / Ref & ext 5s Feb '62 ser A-Q-F Certificates of deposit 85 M&S 1st mtge 5s 1935 Morris & Essex 34s 42 1st 7s *27 ext at 6% 1932—J&D 1st consol gold 5sl934 M&N 65 i r it „ 1st ref 6s 1946 series A_. 60 63 M&S Impt 4Mj8 1977 Eq 44s *33-'41 O (yr>-J&J15 Eq tr os 1932-'38 (e-a) M&S Eq tr 5s 1933-39 (year)„__.T&J Montgom Dlv g 5s 1947--F&A 724 75 lst34sl941_J&J gold 4s 1938 1st cons gold 58 1938 1st cons 5s 1938 gu lnt 2d M gold 4s guar 1949 Ref & 39 — - 1938—M&S 90 82 1910 Sparta & NW 1st 4s 1947M&S cons Ohio, gen 4s M&S Montour RR 1st 5s 1963—F&A Morgantown & Klngwood— Minneapolis & St Louis— Jan J&J (1884) Mil&State Line 86 J&J July I 1941 75 Northern— 1934 J&»; Gen M g 4s 1945 Small Moh & Mai 4s 1991 98 Mil 664 93 70 1st M 44s 1901 (sterling)-J&J accr lnt at exch rate 4.8665 2d gold 5s 224 J&D 1st & Det Rlv 44a 1932—F&A Lake Erie & West 1st 5s 37—J&J 21 90 to Kansas Oklahoma & Gulf— — & Small 394 394 ^ Sept / Millen & Southw 5s 1955 M&S 1961 38 Series B 99 1932-1956—J&B Equip trust 5s 1933- 40(yr)M&S En tr 44s *32-'44 F (yr)--M&N Mo Pac (old)—Gen 4s 1975 M&S Eq 64s 1933 "36 (year)_.F&A Eq tr 6s *33-'35 (year)__J&J15 3d 7s ext to July 1938 at 4% M&N Mob & Birm pr lien 5s 1945--J&J Secured 5s 1938 A&O Valley—5s 1943 75 50 City Sou—1st g 3s 1950 A&O Apr 1 1950--J&J Eq tr 0s 1933-35 (year)J&J 15 Eq tr 54s 1932-38 (year) M&S Kansas City Terminal Ry— 1st g 4s 1960 opt 1930 J&J Kan C & Pac 1st 4s g 1990—F&A / Plain 1004 85 1st ext 44s 1934 (1880)—J&D Cons 6s 1913 ext at 44% Ref & Ixnpt 5s Stmpdaccrint at rate 4.8665 994 A&O 50 Kan Inc 6s series B Jan 1949 6s 1st 96 75 list M 5s 1978 J&J Kentucky Cent 4s g 1987 J&J Kentucky & Indiana Term RR J Adj M Apr 1 '53 ser A 55 M&S Sept / ; N of 5% to 1940 & ref 5s Mob & 25 6s 1933 M&N 2d M adj Inc «s 1933 M&N / 20 Midi RR 4% franc bonds (Foreign series) 1960 J&D h $314 Midland City Ft Scott & Memphis— Ref g 4s 1936 guar A&O Income 5s Mar 1934 95 Mlddletown & UnionvUle— Kan K O Mem & Blr 4s 1934 83 International— Sept 1 1914 coupon on Sept 1 1914 coupon off Mexican North lpt 6s 1930-J&D / J&J Va 5s 1955 954 100 100 1st M lopiln Union Station— 1st g 44s 1940 guar op—M&N K A & Gr R 1st 5s" 1938 J&J Kal & W Pig n g 5* 1940 J&J Kanawha Br & Ter 5s 1918—A&O Kana & Mich 1st 4s 1990 A&O Eq tr 6s 1933-35 (yr) J&J 15 Kanawha & W 95 — - Prior Hen 44s 1947 M&S / 1st con gold 4s 1977 M&S / Asst (cash warr & coup) 7% 294 6% notes 1936 1st 1& ref 64s 1947 Iowa Cent 1st g 5s 1938 1st 98 _ 37 Eq tr 4,4s 1932-42 (yr)„A&O b Internat Rys (Central America)— 1st M 5s 1972 opt —M&N 1st col tr 6% notes 1941-M&N - 36 26 J&J J&J 1st M 5s 1956 ser O 93 _ 50 414 A&O Ind 111 & la 1st g 4s 1950 844 87 Louisville & Nashville— 39 J&J 40-year 44s Aug 1 1966--F&A Eq tr 44s 1932-1939 K—F&A Eq tr 44s 1932-1940 L—A&O Eqtr4K8*32-,41M (a-a).M&N Eq tr 44s 1932-41 Ser N-A&O Eq tr 44s -32-'36 (yr) O.-J&J Eq tr 5s 1932-38 ser J—-M&N Eq tr 6s '33-'35 (year)-.J&J 15 Equip 64s 1933-1934 (yr)_F&A Equip 7s 1932-1935 A&O Cairo Bridge 4s g 1950—J&D Litch Dlv 1st g 3s 1951—-J&J Louisv Div 34s g 1953—J&J Omaha Div 1st 3s g 1951 —F&A St Louis Div 34<» g 1951—J&J St Louis Div 3s g 1951 J&J Sp'fleld Div ext 34s 1951 J&J Western lines g 4s 1951 -F&A Genl mtge 4s 1957— Gen mtge 434s 1957 82 Louisville Henderson & St Louis— 414 584 Gold 64s July 1 1936 Id Blra & W ext 4s 1940 Indiana Harbor Beit RR— 100 70" 924 784 (Concluded) 1978 ser G.—M&N 1980 ser H—A&O 1st & ref 5s 1981 ser I—-F&A Conv g 54b 1949 ser A—M&N 1st Secured 54s 70 35 1st M 5s 1969 £ opt 1918- M&N Ser B 5s(£100 & £200)*63J&B Series C 44s 1963——-J&D gold 5s 1934—-J&D 5s 1937-M&N Equip tr 5s 1932-39 (yr)—A&O Equlptr 6s 1932 (yr) F&A Montauk Ext 5s 1945 J&J North Shore Branch— 1st cons 5s g Oct 1 1932—Q-J L I City & F con 5b 1937—-M&N Debenture 59 Mo Pacific RR 1st & ref 5s 90 Louisiana & Arkansas— Pur lines 1st g 34s 1952--J&J Jt 1st ref M (IC&OSL& N O) 5s 1963 ser A J&D • . M&S A&O 56 81 J&J '51-A&0 1st M £48 1951 Tr bonds £3 ^s 1950 Coil trust gold 4s 1952 76 Debenture gold 3d M consul 5s Mar 31 '40-A&O Illinois Central—1st g 4s '51-J&J 1st M £3s 1951 81 IF F&A Adj inc up to 6% Feb '57-A&0 1st M 44« 1957 conv F&A Huntingdon & Broad Top— 1st M ext 6s Mar 31 '40A,A&O 2d M ext 6s 1940 ser B—F&A 1st gold 34s 1951 Main L ext 1st g 34s 100 824 -—-J&J Long Dock 6s con g 1935—A&O Long Island—Unified g 4s'49M&S Refunding g gu 4a 1949—M&S Gen mtge gold 4s 1938 J&D 4s gold 1932--; —J&D 1939 guar 1st gold 4s 83 Bid. Bond* Ask. Lehigh & N Y 1st 4s 1945--M&S Lehigh & Wilkes-B Coal—See Ind &Mlsc. 75 Lex & East 1st 5s 1965-—--A&O 79 Litchfield & Mad 1st 5s 34-M&N 66 Little Miami guar 4s 1902--M &N Little Rock & Hot Spr West Ry— 81 M&N Bid. Bonds Ask. 71 BONDS where marked "t" and Income and deraultert bonds. /» Dollars per 1,000 franc bond. A: Last sale. I In London, n Nominal, s 8% 8% 70 4 Sale Drice. 7% 82 4 n RAILROAD BOTIOI -Ak Bid, Bonds New York Ontario & Western— Ref 1st g 4s June 1992 MAS _ 53 Stock trust ctft 4s 1948 N Y Pro v A Bos 4s 1942 N Y & Put 1st 4s g 1993 N Y Susq & Western— 1st refunding 5s 1937 2d mtge 4Hs 1937 Gen mtge 5s g 1940 Term 1st g 5s 1943 J&D A&O 54 44H 93 88 82 81 Phila Wllm & Bait— Debenture g 4s 1932 43 do 70 J&J F&A F&A 73" 40 H do 25" 98 N Y Westchester & Bos Ry1st M g 4H» 1946 guar....J&J 45 55 H 101 101H M&N F&A 4Hs ier J 1904...M&N 4s ser D 1945 M&N 4s ser F 1953 J&D Ser C 1942 Ser I 1963 do do do Nord Ry f 6H« I960 A&O Norfolk & Oar 5s 1939 ..A&O Norfolk Southern— 1st & ref g 5s '61 opt '15—F&A Norf & South 1st 5s 1941.M&N 14H 36% 15 51 102H F&A 99 % New River 1st 6s 1932 A&O N & W Ry 1st con 4s '96--A&O 87 Dlv 1st lien & gen g 4s July 1 91 1944 opt Jan 1 1929 J&J N & W Pocahontas 4s *41. J&D 91 Eqtr 4 He 1932 (yr) M&N ' Ed tr 4Hs 1932 (yr) A&O TEq tr 4Hs 1933- 35—- J&J * 9§% J&J Gen & ref 5s 1974 ser A...M&S 5.50% 5.50% 100 100 Nor Ma ne Seaport 5s 1935.A&0 Nor Ohio 1st gu 5s g 1945—A&O Northern Pacific— 55" Prior lien g 4s Jan 1997 Q-J Gen lien g 3s Jan 2047 Q-F Ref & imp 4 Hs 2047 ser A.J&J Ref & Imp 6s 2047 ser B._. J&J 80 66 69 Ref & imp 4s 2047 ser O... J&J Ref & imp 5s 2047 ser D.._ J&J Eq tr 4 Hs 1932 (yr) F&A16 b ^ 76% 55% 70 Bq tr 4H» 1932'40 (yr)M&S15 7% 7% 97% 96% b No Pac Ter Co 1st 6s 1933.-J&J No Ry of Oal 5s g gu 1938—A&O North Penna ext'd 4s 1936-M&N Gen g 3 3-10s 1953—....J&J Ohio Connecting 4s 1943—_M&S O Ind & W g 5s Apr 1938 Q-J Ohio Riv RR—1st g 5s 1936. J&D Gen gold 5s 1937A&O Old Colony RR 4s 1938 J&J 3 Hs July 1 1932 J&J ^ W> 72 6% 92 72% Northwestern Terminal RR— 1st M 5s 1977 f Norwich & Wor—4H« 1947.M&S Ogd & L Oh 1st g gu 4s 1948-J&J 1st M 5Hs 1944 1st M 5s 1945 series B 59 82 70 22 26 90 47 48 H 79 ■86." 78H 5s J&D If 96 85 90 98 90" 78 H 8 79 103 H 96 "i" ~5" 30 40 75 83 85 70 60 52" 47% 82% ■.. -- 70 80" 80 82 90 70 85 85 — «» — Mi " 79% 83" ~5" 80 10 25 25 60 90" 100 " 73 70 76 68 80 6.25 Phlla & R—2d 5s g 98 6% 6% 6.25 mi 85 89 92 98 H 100 J&D J&D 75H 79H 95 J&D 76 82 70 H 77H 84% 88 90 88 99% M&N 83M Con M 3 Ha g £ 1945 J&J If 73 Deb 4Hs 1970 A&O 64H Eq tr 5s 1933-38 (yr) 6 M&S b Gen equip 5s 1932-39 (yr) A&O b 6 vg F&A 1932-39 (yr)—_A&O *8% Peor & East cons 4s 1940—A&O 2d cons inc 4s 1990 / Apr Peoria & Pekin Union Ry— 1st g 5H« 1974 series A—.F&A 52 2% Riv & Gulf Dlv 4s 1933—M&M St L Peo & N W 5s 1948 J&J St Loul*-San Fran (reorganized). Prior Hen 4s 1950 series A—J&J Prior lien 5s 1950 series B—J&J Cons In 4 Hs 1978 ser A.-M&S Eq tr 6s 1933-*34 (yr)—J&J 15 b Eq tr 5s 1932-,37(year)—M&S b Eq 4Hs 1933J41 BB (yr)_F&A b St Louis Southwestern— 1st g 4s 1989-- Eq tr 5%a 1932-1939 (s-a) M&S b Equip tr 4Hs 1932-1945—J&J b 65% 5.25% 5.25% 5.25% 53 6H M&N 2d g inc 4s Nov 1989 J&J 1st consol g 4s 1932 J&D 1st term & unif 5s 1952—J&J JSP 100 84 H 83 65 67% 96% 23% 23% 29% 25 17% 8% it 19 ' 7 7% 60% 65 42 47 20" 5l" 8% 8% 7% 7% 97% 99 % 85 95 76 80 96 H 98% 85 75 90 53% 50% 95 98 98 Salt Lake City Un Dep & RR— 1st M 5s 1938 M&N S A & Ar Pass g gu 4s 1943-J&J 85 97% 98 H rued Interest, M&N 1910—J&J 61 59 61 77 It 15 11 7% 98 76 Stamped Federal Tax Southern Railway— 1st consol gold 5s 1994 .J&J 77% 37% 42 47% 8% 8% 8% 50 50 26" 40" 95 A&O Tampa North 1st 5s '36 op.J&J Temfskamlng & Nor Ont Ry Cora i 5s 1953 Deb 4s 1939-1968 F&A Tennessee Central Ry— 1st m 6s 1947 ser A —A&O Term RR Assn (St Louis) 1st gold 4H» 1939 -A^O 1st consol gold 5s 1944—F&A f g 4s *53 op *10--J&J Terre Haute & Peor 5s 1942-M&S s Texarkaha & Ft Smith 1st m 5H« 1950 guar -F&A Texas City Term 6s 1941-J&J26 5i 1943-—-J&J Texas & Pac 1st 5s 2000 J&D 2nd Inc g 5s Dec 2000 Mar Gen & ref 5s 1977 ser B—A&O Gen & ref 5s 1979 ser O—A&O Gen & ref 5s 1980 ser D—.J&D Texas & N O con Bq tr 5s 1932-1939 -M&N Eq tr 4Hs 1932-42 (yr)—A&O Eq tr 4Hs 1933-43 (yr)—.F&A 75H 32 93 90 74 62H 36 65 85 37 H 62H "8% 8% 8% 79% Eq tr 6s 1933-1935 (yr)-J&J15 Toledo Peoria & Western RR lstrn. 6s 1952 Toledo St Louis & Western 1st gold 4s Apr 1 1950- A&O gu—M&N 1st gold 4s June 1 1946—-J&D Consol m4Hs 1966 ser A—F&A J&D Stpd as to Dec 1 '30 int and S570 ret of principal 1st ref gold 4s 1952 A&O / bond, k Last sale. 96 J&J 58 80 TolWalh Valley & Ohio— 1st g gu 4H" 1933 ser B—J&J Ulster & Del h Dollars per 1,000-franc 76H West Dlv 1st 5s g 1935—A&O Gen gold 6s 1935 J&D 8t Mary's Div 4s g 1951—F&A 1st g gu 4s 1942 ser C M&S Toronto Hamilton & Buffalo— A&O 1950--A&O 1st M g 5H» 1964 —M&S Tol Can Sou & D 1st 4s '56--J&J Tol & Ohio Cent 1st 5s 1935-J&J Tol Term 1st 4H« *57 San Fran & San Joaquin Val— 1st g 5s Oct 1 1940 San Fran Terra 1st 4s 1st con g 5s gu 1937 1st ref g 48 1955 op Gen ref 95% 99 % 95% Pacific Ext 1st 4s £ 1940—J&J St Paul Union Depot— 1st & ref 5s 1972 J&J . 89% J&J J&J 1st cons red to 4Ma g 1933-J&J Montana ext 1st 4s 1937-J&D 1st consol g 4s 1933 1st consol g 6s 1933— 90 . t lO 53 56 91" 85 Southern Pacific RR Oal— 1st 50 H 72 94 2d 5s 1918 ext to 1938 94 Q-J Bait Gent 4s 1951-M&N Phila Bait & Wash 4s 1943—M&N 85" Gen 5s 1974 series B —F&A Gen M 4Hs 1977 ser O J&J 78 Phila Newt & N Y 3s 1942—A&O 70 Phila & Read O & I—See Ind & M Isc. — Tamoa & Gulf Coast— 72' 63% 72H 53 H 47% J&J 15 Perkiomen 1st 5s *18 ext to '38Q-J 54 72 (C P) Aug 1 '49 J&D (Oregon Lines) A M&J Conv g 5s 1934 ——j&D 40-year 4%b 1968 M&S 50-year 4%a 1981 M&N l%a 1969 with war M&N Equip 7s 1932-1935 (yr) J&D Equip 5s 1932-1939 (yr).. M&N Equip tr 5s 1932-38 (yr). -J&D Eq tr 4 Hi 1932-40 (yr)„ J&D Eq tr4H« '32-41 (yr) J&D Pacific Fruit Express equip 7s June 1 1932-1935 (yr)-J&D Eq 5s '33-'39 C (yr) M&S Eq 5s *32-'41 D (yr) A&O Tex Pac-Mo Pac Term RR— 51 Eq tr 6s '33-'35 (yr) 41 1st 4H« 1977 68% 5 1st consol g 4s 1988 J&D St Paul East Gr Tr 4M? *47—J&J St P & K O Sh 4Mb 1941—F&A St Paul Minn & Manitoba— J&J 1st g 5s July 1956 Ser A—J&J 1st g 4s July 1956 ser B-J&J 1st 4Hs 1980 ser O M&S 70 Coll tr 4s 48 93 St Paul & Duluth— 65% . 12 82 Pacific Co 41H ml 88 52 89 84 Southern 70 43 72 96 St Lawr & Adirond 5s 1990--J&J 2d gold 6a 1996 -A&O St Louis Iron Mt & Sou— 77 . 55 80 98 77H 98 60 f 6s g 48 93 Richmond & Mecklenburg— 1st g 4s Nov 11948 7 VN Rich & Peters 4Hs 1940 77"" 95 Apr 12 *37-A&O 12 Sioux City & Pac 3%a 1936--F&A Somerset Ry 1st & ref 4s '55-J&J 1st M 4s July 2 1950 J&J South Bound RR 1st 5» 1941 A&O S & N Ala cons M g 5s 1936-F&A Gen cons gu g 5s 1963 A&O So l'.ic Coast 1st g 4s 1937.-J&J Southern 111 & Mo Bridge Co— 1st M g 4s 1951-M&N South Indiana 1st g is 1951 -.'F&A So Pacific Branch L 1st 6s '37A&O s 52 1940----A&O Equip 6s Jan 15 '33-135-J&J 15 48 87 78 74 1% y.!? 42 80 St Johns & L Cham 5s 1944-M&S St J Gr Isl 1st g 4s 1947—J&J 70 73 H 2 Develop & gta M g 4s '56-A&0 Develop & gen 6s 1958—A&O Develop & gen 6%a 1956-A&O Eq tr 6s *33-'35 (yr) J&J 15 6 Eq tr 5s 1932-39 (s-a) M&S b Eq tr 4H« Oct'32-'39 (s-a) A&O b E Tenn reorg lien 5s 1938 M&8 1st Mem Dlv g 5s 1996 J&J St Louis Dlv 1st g 4s 1951-J&J Aiken Br 1st g 4s 1998 J&J L & N So Joint g 4s—See L & N Mobile & O coll tr 4s '38.M&S Spartanburg Un Col 4s *95- -J&J Spokane Falls & Nor 6s '39--J&J Spoa Internat 1st g 5s 1955.J&J Staten Isl Ry 4Hs 1943 J&D Stephenv N&S Tex 5s '40 op.J&J Suffolk & Car con 5s 1952 J&J Sun & Lewis 1st g 4s 1936 J&J Sunbury Hazleton & W-B— 2d mtge inc 6s 1938 coup-M&N Saratoga— 6% g bds May 1 1941—M&N Rich Fredericks!) & Potomac— 2d 1st 4H> 1997 ser A.J&J & 2% F&A 6s gold July 1 1925 ext at 5% to July 1 1945 J&J W& N A tr ctfs 4s red 105-Q-M Jer Cent g 4s '51 op '06—A&O 1933—A&O Imp M ext g 4s 1947—A&O Cons ext gold-4s 1937--M&S Term 5s g gu May 1 *41. Q-F 1st gu 6s 1935 ser B Certificates of deposit Shrev Bdg & Ter 5s '55 gu-.F&A Sierra Ry of California— .... Reading Company— rer 12 Ry— 75 Ral & Southpcon 5s 1965---J&D Raleigh & S W 1st 4s 1936—J&J Rarltan River 1st g 5s 1939--J&J Florida 1931-J&J Seacoast RR of N J 5s '48-A&O Shamokin Sunbury & Lewlsb'g 82 Port Reading 1st gu 5s 1941—J&J Ports Gt F & Con 4H* 1937.- cD Potomac Val 1st gu 5s g 1941 J&J Prov Sec deb 4s 1957 gu M&N Prov Ter 1st g 4s gu 1956---M&S Prov & Wore 1st 4s 1947.-A&O Ral & Cape Fear 1st 5s 1943M&8 Ral & Charleston 4s 1956—F&A Consol 4s 1956 F&A Ral & Gaston 1st 5s g 1947—J&J 2 1st gu 6s 1935 series A. —F&A Certificates of deposit - Seab & Roanoke 5s ext St Clair Mad & St Louis Belt— Alton Bridge 1st g 4s '51--J&J 60% F&A 95 100 % 100 70* M&S F&A / This price include*. - 78 M&N 4Hs g 1960 b Basis. - k Atlanta-Birmingham Dlv— 1st g 4s May 1 1933.,—M&S / A&O M&S Rock Island-Frisco Term Ry— 1st m 4Xb 1957 J&J Rutl Can 1st g gu 4s 1949 J&J Rutland con 4%a 1941 J&J 92 Peoria Ry Ter 4s '37 gu op Pere Marquette Ry— - 4H 5% secured notes 1931—F&A Equip tr 6s (s-a) 1932-37-F&A Eq tr 5%a 1932 (s-a) A&O Eq tr 5s 1933-1940 (s-a)-J&J Eq tr 4 %n Jan 15*33-40(s~a) J&D Scab-All 89 1st coll tr 4s 1949 op R I At & La 4%a 1934 |9H 4Hs 77 100 90 B——F&A C—-J&D 1977 ser D J&D Portl (Me) Term gu 4s 1961-J&J Guar 5s 1961 J& J Richmond-Washington Co— Coll tr g gu 4s 1943 opt- : 7 7 Rio Gr June 1st gu 5s 1939— > Rio Gr So 1st g 4s 1940 u&J 1st g 4s guar 1940 —J&J / Rio Gr West 1st 4s 1939 J&J 101 Gen g 5s Dec 1 1968 J&D Gen m 4Hs 1981 ser D...A&O Bq tr '« 1st 4Hs Richmond Term 1st 5s 1952 M&M M&N 4s gold 1948 sterling stamped dollar bond 15-yr 6Ha Feb 1 193640-yr 5s 1964— 87 93 % 85 70% 1st gen 5s 1974 series 91 103 Con M 4s gold 1943 do 4s gold 1948 Gen g 4Hs 1965 77 1st M 5s 1962 series 15 90 100 Cons mtge 4 Hs 1939 A&O Cons mtge 4s 1939 A&O Penn Ohio & Detroit RR— 1st & ref 4Hs 1977 ser A..A&O Pennsylvania RR— do 78 40 m 93" - ^ 81% _ 95 94 80% Sec K 4 Us 1963 M&N Pa&NYCanal con 5s 1939. A&O • 80H 40 1958 ser A J&D 4He 1959 ser B A&O 1st M 4Hs 1960 aer O —A&O Pitts Young & Ash— 1st gen 4s series A 1948—J&D 100H 86 „ do 86 H 1st 99 Pennsylvania Company— tr ctfs g 3 Ha 1941 tr ctfs g 3Hs 1942 tr ctfs g 3Hs 1944 Certificates of deposit 93 1st m 4Hs 96% 87 Paris-Orleans extl 5Ha 1968 M&S 95% 0% franc bonds (foreign series) red to 1956 —J&D h $37 H Paterson Ext 1st 5s 1950 J&D Paulista Ry 1st 7s *42serA M&S15 5l" „ Pittsb Term RR & Coal— 1st g guar s f 5s 1942 -J&J Pitts Va & Char gu 4s 1943 M&N Pitts & West Va Ry— "5" 81H 11H 11H 11H Adj mtge 5s Oct 1 1949—F&A Ref gold 4s 1959 opt A&O Certificates of deposit 1st & cons 6s 1945 ser A—M&S Certificates of deposit 90 Eq 5s (J&J) 1932 aer J ...J&J Eq 4Hs 1932-'45 (s-a) ..M&N Pan American 1st 5s tr ctfs g 4s 1952 tr ctfs g 3Hb 1937 - 95 Stamped Cons mtge 4H* St L R E 1st 5s 1938 M&N Oardelet Br 1st 4Hs 1938-A&0 Paducah & 111 1st 4 Ma 1955-J&J Gu Gu Gu Gu Gu f g 5s 1959 Rensselaer _ S f extl 7s 1958—.M&S15 96 Gen & ref 4 Hs 4997 ser B..J&J Oregon-Wash RR & Nav— 1st & ref g gu 4s '61 opt—J&J Pacific Coast Co—See Misc Bonds Pacific Coast Terminals Ltd— 1st M s f 6 Ha 1948 F&A / Pac of Mo 1st ex g 4s 1938--F&A 2d ext 5s gold 1938 —J&J „ 96 95 49 s Gen & Ore RR & Nav cons 4s 1946. J&D Ore Short Line 1st 5s 1946—J&J 1st cons guar 5s 1946 J&J 34 op. .J&J Paris-Lyons-Mediterranean RR— Ext s f 6s 1958 F&A15 95 95% J&D A&O J&J 1st P S & L E 1st g 5s 1940 Cons 1st g 6s July 1 1943- J&J A&O «&0 1st M g 5s 1934 Sav & States 1st g gu 5s 1953-J&J Scioto Val & N E 1st 4s 1989 M&N Seab Air Line 1st g 4s 1950-A&O 97 F&A J&D perp G 100 101 Pitts & Lake Erie 1st m 4Hs 1950 series C___J&J Ont & Que deb gu ser 99 99 M&S 1st g 5s 1942 Sault Ste Marie Bridge— 1st M s f 5s July 1 1937 Sav Fia & W 1st 6s 1934 20 _ 91% 93% 5.50% 104 Interest red to 4 H % 4* aer H 18 Eq tr 6Hs 1932-35 (yr)—A&O Pitts McK & Y 6s 1932——J&J 2d 6s guar 1934 -J&J Pitts Shaw & N—1st g 5s *49 F&A Gold 4s Feb 1 1952——F&A 6% receivers' ctfs 1927—-F&A Pittsburgh & Shawmut— Impt & exten 6s 1934 64 4s do 80 1st gen g 5s 1954 opt J&J Norfolk Ter 1st gu 4s 1961..M&N Norfolk & Western Northeast of S O 6s 1933 Northern Central— 1957.—M&N I960---F&A do 3H""er E 1949—F&A Gen M 5s 1970 ser A——J&D Gen M 5s 1975 ser B A&O Gen M 4%s 1977 ser O.— J&J do s J Con g gu 4H* ser A 1940-A&O do Ser B 1942 A&O 33 60 . Bid. Bonds Santa Fe Prescott & Phoenix- A&O Pitts Oln Ohic & St Louis— M&N Ask. . Philippine Railway— 1st p 4s 1937 s f opt gu-—J&J Pine Creek guar 6s 1932—--J&D P B & L E con g 5s 1947 J&J Pitts Char & Youghiogheny— Gen mtge gtd 4s 1932.- -A&O 79% 60 A&O Bid. Bonds Alt. 4 1% 90 86 80 79 Registered $5,0)0|0 only— —- Gen M g 4s 1955 red J&D N Y Pa & O p 1 4H« 1935-M&S N Y Phil & Nor—lit g 4s *39 J&J Income 4s Jan 1 1939 M&N BONDS except where marked "f ' and Inoome and defaulted bonds. bond prices in "and interest cons 2 In London, n 79 64? 75 5s 1928 Nominal, r 48 41% Sale price. RAILROAD HTOTIOX ■All bond prtcei art Bonds and Stocks. Bid. Union Pacific¬ ist ry & land gr 4* g 1947 J&J 1st & ref 4a June 2008 M&S 1st & ref 5a June 2 2008--M&S 40-year 4%s 1907 J&J 40-year 4a 1968 J&D rr Bangor Aroostook com Beech Creek (guar 0.25 0.25 6.25 *&0 79% 5.50% 5.50% 115 117 5.50% Boston & Maine com (stpd)-.lOO 6 8 5.50% 1st preferred O unstamped-100 1st preferred D unstamped .100 75 80% 80% 1 Canada Southern - "2% 1% 80 Co— 38 85 Virginia Mid 82% 95* 50 37 79 38 lat M gold 5a 1962 opt—.M&N 85% 86 1st m 73 87H 6% 6% gen 5a 1930 —M&N Va & Southwest 5a 2003 J&J 1st cons g 5a 1958— A&O Virginian Railway— 4%s 1962 ser B—M&N Eq tr 4%s 1933-1940(yr)._J&J b Eq tr 5a 1932-1938 (yr)—M&N b Wabash RR—1st g 5a 1939.M&N 2d gold 5a 1939 F&A - Deb mtge 6a series B 1939. J&J 1 1st lien term gold 4a 1954.J&J Ref & gen 5 Ha 1975 A M&S Eq tr 0a 1933 35 (year).J&Jl£ 7% 7% 71 72 35 50 70" "8% 10 90 90 * 1932-42 (yr) A&O ext iBt « 5s '41. J&J 72" M g 48 1939-J&J Toledo & Chic 4a g 1941.-M&S Omaha Dlv 1st 79 32 55 46% 70 32 40 9 *41.A&O Common stamped 5% Mississippi Central 140 24 28 45 40 14% 63 If* 66 58 62 62 65 30 30 32 26 26 28 47 % 12 .... 7 8 New York Central RR- Dividend payable in London.. 100 i8- 105 F-5.F. 100 86" Washington Co Ky.lstg guar 3Ha Jan 1954 op 1424—u-J&J 3 Adjustment preferred 72" 78" jd 3 d 57 32 60 34 5 83% 1 70 75 12 19 ) d 115 i 56% 1st & ref 5 Ha 1977 ser A—J&J West N Y & Penna 5s 1937..J&J 58 59 • 60 96% 9S 78 80% RR preferred ] Dayton & Mich com (guar). Preferred (guar OH&D).. Delaware & Bound Br (gu® C)- lat M 5a 1940 aeries A M&S Eq tr 5H» 1932-38 (yr).rJ&D 38 40 85 95 Delaware & Hudson Co fci Delaware Lack & Western, West Ry of Ala 1st 4Ha *68 A&O Weat Shore lat la 2361 J&J W Side Belt lat g 5a 1937-M&S 67% W Va & Pitta 1st 4s 1990—A&O RR— 1st consol gold 4s 1949—-M&S Ref M 4Ha aeries A 1966.M&S 71 50 Delaware- 16 66 16% - 75" Denver & Salt Lake. d 55 60 — mm - io" 75 80 58% 93 4s 1940 F&A White & Black River Valley— lat 5a 1980J&J 95" Preferred East Penna (guar Elrnira & W'msport? (guar) Preferred (guar Nor Cent). Erie—Common 65 - % % ] — d 35 53 40 50 6% 55 7 70 Wichita Falls & Northwestern— lat 5a Jan 1939...J&J 8 d 50 8 60 50 55 4 22% 75 J&D 80"* 80 Gen g 5a Aug 1 1932— Wll & Wei gen g 5a 1935 J&J 92" Gen mtge g 4a 1935— J&J 90 Wlnaton-Salem Southbound— lat gold guar 4a I960 J&J Wlnaton-Salem Terminal Co— 78 Q-F 65 1st preferred 2nd preferred St Louis-San Francisco Ry 142" com Alabama Tenn & Nor Preferred com - 50 d 50 d 100 100 Alabama & Vlcksburg— 100 Albany & Susquehanna (guar) 100 Alleghany Corp (t) Pref (with 530 warrants) 100 Pref (with $40 warrants)—100 Pref without warrants .100 $40 warrants Allegheny & West (guar.)-—100 Atch Top & Santf, Fe 100 Preferred 100 Atlanta Birm & Coast pref—. 100 Atlan & Char Air L (guar) 100 Atlanta & West Point 100 Atlantic Coast L Co of Conn..50 Atlantic Coast L RR com 100 Atlantic 1st (eased lines rent tr — Augusta & Savannah (guar)..100 b Basis. 25 140 1 d 1 2 2% 2 160" 4 9 30^ 18% d ... Southern Ry common.. Preferred Mob & Ohio stk tr ctf* 100 100 Southwestern of Ga (guar) 12% Tennessee Central Ry com 15% 28% d Preferred vtc Illinois Central Southern Pacific Co 46 12 Huntingd & Broad Top vtc. 22 25 23 100 (t) 100 .... — * L T* Convertible preferred 32 Texas & Pacific ~3" 100 & 52 Iowa Central. % 125 175 85 SO 100 7 15 87 100 Preferred ---100 United N J RR & Ca»ial (gu)-100 Utica Chen & Susq Val (gu)-100 Utiea Clinton & Binghainton.100 Valley RR (N Y) (guar) 100 % 75 _. 100 Union Pacific—Common 7 Vermont & Mass (guar) Vicksb Sbrevep k Pac com 100 100 55 if* 179 72 15 75 75 14 60 x 7% 17% 63 Virginian Railway com. 100 45 10 Wabash Railway Preferred A 100 2 100 d d 9% - - - - d 70 73" d 31 34 / Preferred 100 ... Preferred B_. 100 Warren N J (guar D L & W)_ 50 Western Maryland Ry com...105 1st preferred 2% 2 45 4% 100 100 100 100 25 West. Jersey & Sea Sh—Corn. 50 Wheeling & Lake Erie Ry 100 Prior lien stock 7% -.100 45 - 2d preferred Western Pacific RR Corp Preferred 19 82 58 / This price includes accrued interest (nternat Rys (Cent Am) coml Com vot trust ctfs.... K O St L & Chic—Pref (gu) —100 % Troy & Gr'bush (gu NYC).. 50 Tunnel RR of St Louis 100 25 52 85 Deposit roceipts— 75 Id 72 4 Seahoard xYlr Line common... 100 Preferred 100 Sharon 50 65 18 3 Saratoga & Schenectady (gu> 60 d 5% 40 12 150 50 50 87 14 03% 60 140 50 50 18 Little Miami original guar—Spec guar betterment stk.. 75 63% 72% 132 11 19% F Lackawanna RR of N~J! F d 95 103 120 . 100 43% 4 40 23 103 8 Preferred 311! Hartford & Conn Western.... 1 150 8% 22% 21 2 :::: 20 35 9 100 30 89% Par 40 110 5% 5% 10% 10% .100 : Preferred 13% 127 43 — ,; Deposit receipts Stk tr ctfs—See RR Securs Co Ala Great Southern Preferred 100 100 100 0% preferred- .... Great Northern Ry—Pref lat M gold 5a 1960 A&O Wla Cent Ry—lat M g 4a '49 J&J 31H 35H lat & ref 4a 1959-A&O 17 Marshfleld & South East Div pur mon lat g 4a 1951—M&N Sup & Dul Div 4a 1936—.M&N 33 28 H Worcester Nash & Roch—See Bo ston & Maine. Yosemite Val a f g 5a 1936..J&J RAILROAD STOCKS. 57 110 St Louts Southwestern d f 75 135"" Georgia RR & Bank Co (gu).. Georgia Southern & Flo*4da_. 7 Roch & Genesee Val RR 100 Rome & Clint (gu D & H) —100 Rutland pref 100 St Louis Bridge 1st pref —100 5 15 23"" 70" - 7 — 8% )d Erie & Kalamazoo (guar) Erie & Pitts (guar Pa RR) lat & ref g 5a 1940 opt J&J Wichita Union Terminal Ry— lit g gu 4%s 1941 opt M&N Wilkes & E 1st g 5a 1942—-J&D W1U& S F lat 5a g 1938 J&D Wilm & Newb 4a 1947 F&A Wilm & Nor lat 5a 1927 extended 100 4% 111 Cent stk ctf 1952—1000 Reading Company 50 1st preferred 50 2d preferred 50 Rensselaer & Saratoga (guar). 100 Rich Fred & Potom—Com—100 Dividend obligations 100 6% guaranteed 100 7% guaranteed-. 100 % 50 )d 100 Railroad Securities Co— "% )d 1 - 15% 2% 65 -100 com Pittsburgh & Lake Erie 50 Pittsb McK & Yough (guar)-- 50 Pittsb & West Va common 100 Pitts Youngst & Aaht pref.—100 Prov & Worcester (guar) 100 4% ~ Wheeling Terra J&J — 50 Ref gold 5s series B 1966.M&S Eq tr Ca Jan 15 1933-35 —J&J 2d 5s 1936 17% , Wheeling & Lake Erie 99 Preferred--. 50 Pitts Cine Chic & St Louis—100 32 _ 68 Pitts Ft W & Chic com (gu)—100 Preferred (guar Penn RR) —100 v 30 3% )d yd 14 50 Prior preferred 9% 100 Phila Germ & Norris (guar)-. 50 d 109 175 Phila & Trenton (gu Pa RR).10() 28 Pittsburgh Bess & Lake Erie— 50 30 145 70 Eastern Marquette Ry Preferred 20~" 27 62 135 68 ; 80 20 Pare d , e 40 Peoria & ^ id Cuba 73 4%% to 1977 — 10 Gen mtge gold -4a 1943 A&O Income g 5a Apr 1943.--Nov ] / Western Pacific RR Corp— 95 68 50 9% o Preferred 76 1 ■ ~8" j' 7 1 108% 50 60 (t) Peoria & Bureau Val (guar).-100 110 92 89 12* Paterson & Hudson River—;» 18 8 73 40 Patereon & Ramapo Pennsylvania RR Pennroad Corp vtc 13% ) 1st 4 Ha 1947 .....-rF&A West Jersey & Sea Shore—' " Oonsol gold 4s 1930 J&J Cons 3Ha g aeries B 1936.-J&J West Maryland 4a 1952 A&O — 85 § 4% dl06 55 Ogden Mine RR (gu Cn N J) .100 95 Old Colony (gu NYNH&H).-100 WHO Ontario & Quebec 100 Oswego & Syrac (gu D L & W) 50 d 50 50 Passaic & Del Ext 100 Cleve Cine Chicago & St L... 90 25% Id 37 100 .... North Pennsylv (gu P&R)— 50 Norwich & Worcester pref—100 90 3 85 -100 100 100 North'n N H (guar B & M)—100 Northern Pacific Ry 100 North RR of N J (guar Erie) .100 Northern Securities Co stubs 52 3 i 14% 50 i 120 No Carolina (guar So RR)- _100 Northern Cent (guar Pa RR). 50 140"' 80 45 80 3 Washington & Vandemere— g lid" ) 55 28 100 Norfolk Southern Norfolk & Western Ry 3 — 76% 4% IF 100 N Y Ontario & Western 6% 10% 8% 15H 12% 11% 100 Cleve & Pitts (guar Pa RR) Betterm't stk (guar Pa RR) Wash Term Co—3Ha 1945.-P&A 1st gold 4a 1945 guar P&A 4% 11% 100 7% preferred 2% iF iF __ — N Y Lack & West (guar) N Y New Haven & Hartf 8 70 2% 100 Preferred 100 Chic R I & Pacific common.. .100 7 % preferred—# %. 100 (gu) com Preferred 3 2 100 50 6% preferred N Y & Harlem 3 65% 1% 5 N Y Chic & St Louis com 45 (t) Preferred. iH 9 100 100 100 100 New Orl Texas & Mexico 12 1% 2% 7% — com 100 Preferred 100 Chic Ind & Louisv common...100 Preferred 100 Chic Milw St P & Pacific- 6% preferred—LT. Chicago St Paul Minn & O.. 47 100 New London Northern New Orleans Great North 5 Chicago Great West Preferred 30 National Rys of Mex 1st pref-100 2d preferred-.-...——...100 63 18 . Chic & East Illinois common. 10C' Preferred 100 Chicago & North Western. 5 d ' 50 Cayuga & Susq (gu DL&W). 30 Central of New Jersey —100 Chesapeake Corp ;—(f) Chesapeake & Ohio common. 25 Chicago Burl & Qulncy 100 Common 700 d Preferred-i. -00 Mobile & Birm pref (guar) 100 Mobile & Ohio—See Southern Ry Morris & Essex (guar) 50 Nashv Ohatt & St Louis 100 Nashv & Decatur (gu L & N). 25 T% Preferred * Last sale I In Loudon n Nomtual .«Sale uric* y 6% Ex-rights, 50 11 ■ 1 20* 475 30 Mo-Kan-Tex RR com—(no par) Preferred i i --v* -.—-100 Missouri Pacific com 100 132% 100 - 17% 45 100 4% leased line ctfs ■s 6% 6% 4s Mar 1948 Q-M Wash & Oolum Rlv 4S-1935-.J&J at 45 (guar)_5o 14 Ref & gen 5a 1976 ser B..F&A Ref & gen 4%s 1978 ser O. A&O Ref & gen 5a 1980 ser D..A&0 Warren lat refg 3 Ha 2000—F&A WabaahRy— 21 25" 100 Id Oatawlssa RR—1st pref 2d pref (guar P&R) 35 10 x 100 d 400 d Minehill & Schuyl Hav (gu)— 60 Minneapolis & 8t Louis 100 Minneapolis 8t P & S S M—100 Preferred. 100 12% 10 Oaro Clinchfield & O com 4%.100 70 70 50 10 -.25 Preferred — Preferred 15 100 Canadian Pacific 30' 100 100 100 50 10 preferred A stamped 1st preferred B stamped 1st preferred O stamped 1st preferred D stamped 1st preferred E stamped. Preferred stamped Bost & Prov (guar Old Col)—.100 Boston Rev Beach & Lynn—100 Brunswick Ter & Ry8ec Co—(t Camden & Burl Co (guar)..—2 75 OB a* — Maryland & Pennsylvania Massawippi Valley Ry Michigan Central Midland Valley com 12 C 1st F&A Preferred 40"" 90 15"" B unstamped-100 40 90 —100 100 Maine Central 20 preferred E unstamped-100 Pi hr pref 02% 60 50 All. 35 100 100 Louisville & 1st preferred A unstamped-100 91 34 g 01% Bid. Par. Ooal(gu) 50 (guar)—100 Louisv Hend & St L pref Nashville-. Mahoning Coal RR Pref (guar L S & M 8) 70 33 Preferred 1st preferred M&N 23 65 30 M&S & Pacific— 3Ha 20 50 100 Pr lien 0a '15 ext 5% '40—M&N Gen 5a May 1 1941 M&N &q tr. Ret Preferred N Y O) 60 Belgian Nat Rys Co American shares partlc pref. Boston & Alb (guar N Y 0)— 100 90 J&J July 1914 coupon on. r July 1914 coupon off r 1st gold 4Ha 1934 assenting... 1 Vermont Vail lat4Ha 1940—A&O VickaburgShreveport 19 83 6.25 rr.G^n™l8t.g 3^8 Mar 1 '51-M&S 1st MafCa 1958 18H 80 Utah Fuel—See Ind & Misc. Utah & Northern— 1st 7a '08 ext at 4% to *33-J&J Uilca Clin & Blng 5a 1939.—J&J Vlcksburg Bdge & Term Stocks. Lit Schuyl Nav RR & Louis & Mo Riv pref Ask. 100 98 United N J Kit & Canal CoGeneral gold 4a 1944 M&S Series B 1957 Vera Oruz& Pacific RR— 1st gold 4 Ha 1934 opt Bid. 13 H w* 75.. 73 STOCKS 13 % 80 99 Union Terminal Co (Dallas)— Vandalla RR— Cong 4s 1955 aeries A Par. 02% J&D 1.,t ?£8T1942 OP* 1922 Stocks. Ask. 92 Eq tr 4%» *32-'38 (yr) M&N '«(* 4%s Sent 15*32- 39-M&S 15 Eq tr 5a 1932-*37 (yr) M&S tL7§ 1932-*35 (yr) AND Bait & Ohio—Common—.—100 — n BONDS "and interest" except where marked "t" and Income and defaulted bonds. 5 1% 3 100 t No par value. 800 Btooks and Bonds. Per J American British & $0 2 S3 preferred * _-(T) F&A Preferred * cl A s 23 10C (f) Class B 24 2* American & Continental Corp Series B 2% Fourth Nat'l Investors w 2H (t) J&J Preferred (with warrants) ..100 Deb 5s Feb 1 1952 without warr General American Shares class General Equities 12 8 1 $3 preferred 35 40 1* 2* * Amer Insuranstocks Corp (t) Amer Investors Inc com B 12* 1* Warrants 2* 2* * * (f) Preferred ._ "3* Associated Stand. Oil Shs M Atlantic & Pac Int com w w__(t) Preferred w w 50 17 Guardian Investors com Huron Holding Scrim 2* (t) com Warrants Preferred * d Atlas Utilities common * d $3 preferred A__ 17* 5* 23 35 37 5* 1* Warrants Aviation Sec Oorp of N E 2 .(f) IX Bancamerica-Blair Corp Bancomit Corp com Bankers Nat Investing com A i Bankers Sec Corp of Am 16 H) 17 1* (+) 3* Corp Basic Industry Shares Beacon Participations Inc A__ British Type Investors ( Capital Administration cl A Class B 1.10 5* 5 ( * ( 22* 71* 71* 13* * 18* * 0% cum pref ser A 50 5a series A 1953 with warrants. Without warrants Cent Nat Corp class A Class B Century Trust Shares Chain & Gen'l Equities Inc.... 1.20 1 24* 75 75 16 1* "8 22 0*% Pref 20c" Chain Store Invest Corp new.... Preferred 20" Chartered Investors Preferred 42 ... 4~~ 2 ... 46 * Chelsea Exchange Corp cl A Class B Preferred 25c. Debenture 5s May 1 Without warrants 50" 55 50 1942 55 7 2* 3* 1 2 10 (t) 1 1 * (t) 6*% preferred 100 6% preferred -100 Debenture 5s 1947 J&D Internat Securities Tr of Amer— Secured gold 6s 1933 Secured gold 6s 1943 Secured gold 5s 1933— Secured gold 5s 1943 Investment Co of Am com —(t) 100 7% preferred (t) Investment Trust of N Y coll A.. Invest Trust Associates com._(t) Invest Fund of N J Investors Equity common Debenture 5s series A 1947 (t) B 1948 with warr.. -iH Corporate Trust shares old series. 1.95 AA 1.90 Accumulative series 1.90 Series B O ... ........... Low-Priced Shares National * "5" "5* 5* 5 * «+) -—-100 Investors. Preferred... Corp— 72* National Re-Investing 14 17 Nat'l Short Term 80 84 National Trust Shares.... 14 17 Nationwide Sec Co tr 75 80 New Jersey 5*s 1938 drum & Forster Inc B_. 8%preferred 10 ....100 7% preferred 3* Cumulative Trust Shares Deposited Bank Shares ser NYDeposited Insur Shs ser A Deposited Bank Shs N Y ser A__ 2.90 V 3* ~W\ X 2* 3* 0* 2.35 C shares 4* shares ctf B. Bankers Securities... Shares N Y Bank & Trust Niagara Snare Corp (Md) Conv deb 5 *s 1950 North & South Amer Corp North American Trust 2.65 4* ----- cl A(t) ----- * 20] 21 (t) Old Colony Invest Trust com.(t) Debenture 4*s Feb 1 1947-— Debenture 4*s * Last sales * not per cent, t New stock 50 50 60 * 11* 7* 12* 12* 47 48* 83 Ex-w arran t8_ 12 3.70 3.25 4 "ji 55 58 1939 F&A 15 Standard Oil Trust shares A — 83 86 83 1 86 10 15 4* Sterling $1.20 $3 "i* 55 ~eF° 55 59 55 8 (t) B preferred conv 1st pf IX 20* 2* 2* 50 cum Super 4* ■-- Sec com A Common 3 3* 3* 3 41 State St Invest Corp 86 83 3* Class B 86 Corp of Amer class A Class B Class C 5 _ . —— . .............. - Olftss 4* ^ 14 Investors...._(t) Trl-Contineotal Corp —(t) 6% cum pref 100 Third National Warrants 2* 48* - Trusteed Amer. Bank 65 ~3* shares Series A, Trusteed NY (5 m Bank shares Trustee Stand Invest ser 2 O 1.95 Class D "3* "2* 2X 2* 2* 2* 3* 2* 17* * 28* 4* 2* 2 15* * 27* 3* - Trustee Standard Oil Series B Trustee Standard shares A— "2* 2* Twentieth Century Fixed United Founders 2 — U S & British Internat Class B_. Preferred lX<i, S 47* ctf A— J3* 5* U S Elec Light & Pow tr Trust ctfs ser B 3* U S Elec Pow Corp com w 15c 30c Warrants. 4* U 8 & Foreign 2 69 1* 2* * 4 M&N 1948 1* "i t. class A.( - 3* 1 common.—(t) 1-70th_ United Bank Trust Deb g 5s 67 2* 8% Tr- United Fixed Shares "I* "I* "2* Two-Year Tr shares .... 1* 1 * 5* 3* m —— Util Shs Trust Shares of America United Insur Trust. 2.45 war(t) ...— m_(t) Securities com_( 4lM —(f) $0 1st preferred r~(t; U S Overseas com with war Certificates of deposit U S Shares O 3 2.10 2.10 2.30 H 2.30 6* 6* — F A 2 * 1* 1 ; 11 (t) (t) Deb 5*s "7* 6* 3* 2 Bond & Share— Common B 3* Universal Trust Shares Utilities Hydro & Rails 4 u Ex-liquidating 4* 4 m 50c. 1* Shares dividend, v Ex-stock dividend, 6* 3X 2* - Utility Equities Corp com—(f) $5.50 priority stock. Dec 15 1952— Price per share 3.90" 6 $3 preferred allot certificates_ _ Spencer Trask Fund Inc (t) Standard All Amer Corp Standard Amer. Tr. shares-...— Standard Ooll Trust shares Standard Holding Corp cl A__(t) Standard Investing Corp com.(t) $5.50 preferred (t) Deb 5s Mar 1 1937 with warr— 2". 15 shares No Am Utility Securities com Eastern Utilities Investing Corp— Common A (t) Deb 5s 1954 with warr MAS 15 Sec com A..(t) Class B 7 Trustee Shares A_.__ B shares 3* X 3~50 (t) 1942 1952 1952 Common A IX Warrants.. Credit Alliance class A t No par value * 1* * 1 3* Shares Major Shares Corp—— Investors.i "§" Metal & Mining Shares com—(t) 1* Mohawk Investing Corp Mutual Investment Trust 2.05 Mutual Management com—----2.05 Nat Industries Shares ..——-- Corporation Secur Co of Chicago Common (t) drum & Forster Insursh B Southern 39* — 6s with warrants Shenandoah Corp common—(t) Convertible preferred .50 2 ii 42 Trustee sh_ Association (+) 5s 2.24 38 (stamped) 4*s 13* 6* Massachusetts (t) 100 100 _ 5 12* Series 2* 12 100 Continental Shares Preferred B Convert ible preferred: 1* 7* 7* (t) Ctfs insuranshares & Gen Mgnt Insurance Securities Co —(t) Convertible preferred....—-50 Leaders of Industry—Series A— 2 Continental Metropol Corp.. Continental Secur Corp com_.(t) (unstamped) Shawmut Bank Inv Trust 2.15 Investors Trustee (t) (t) Allotment ctfs Joint Investors class A Colonial Investors shares Commonwealth Trust Shares 2* $5.50 prior stock 1.90 ser 2* 5X .... — .... — Selected Industries com Incorporated Investors (t) Incorporated Investors Equities. Independence Trust Shares —(t) Indus & Power Securities Co.-(f) Insuranshares Co. of Delaware..1 Without warrants * 12 6 85" Selective Cumulative Shares Selected Income Shares 10 4* $6 preferred Selected Amer shares * * 17* Deb 5s 1 14 40" J* 30 I Securities Corp General com $7 first preferred 46 Common B 4 "7* .... unit ctfs(t) —-——( Preferred 4* 15* 1* __(t) $5.50 pr pref without warr_.(t) Deb g 5s Jan 1949 F&A Deb g 6s 1940 B with war J&J Int Sec Corp of Am com A (t) 4 * 44" A. $6 pref 2d ser with warr 3* 2* 3* 6% preferred Second Nat Inv Corp 8 6 J* rnsull Utility Invest com Preferred Banklnstocks Holding Corp (T) Bankstocks Corp of Md cl A—(t.) Class B 50 Preferred * 15 Shawmut (t) 10 21 .v.: IX Corp A com__( ——( B com 25 Insuranshares 13 50 Selected Management Corp——. Hydro Elec Sec com 5% preferred class B Illuminating Shares class 15)1 6% preferred units ... Royalties Management A Allotment ctfs $0 units $3 units $7 preferred — Debenture 5s series A 1948 Gude Wlnmill Corp 17* Units D 1956 (t) (t) Preferred Amer. Util. & GenT Corp A Class B v tc 20" 18" (t) Convertible preferred Amer <ft Overseas pref Diversified 10 Preferred Guardian Investment 7.60 — Representative Trust Shs Common pref— Exchange-(t) Granger Trading Corp — Greenway Corp com Preferred Research Invest common—..... * Pref. allot, ctf. 25% 1st 13* 7.10 com A(t) .............-(t) Common B 2* 50* 14* Globe Underwriters & Reliance Internat Corp 4 s (t $6 pref with warr German Credit & Invest. 170ths 1-16 13 s ...—-— Second Int Sec 86 first preferred Gen'l Realty & Utiities com— 3* * (t) preferred Warrants General Public Service com..— 7* Amer & Gen Sec com class A_( Common class B A 3* w(t) warrants, (t) Common without — 11 Convertible preferred 140ths Banal cilia class A 7 — A.. — - Public Utility Holding com w S3 10* 10 Power & Rail Trustee shares...— 19* 67 10 11-16 Securities Trust(t) Public Service Tr shs ser 49 9-16 . _ _ . Power & Light Warrants ~3X General American Investors.. eP 5( 5( 10* 2* 6* 5* 17* 3* Class B n4 . Atlantic Securities w—(t) Fundamental Trust shares A—- Amer Founders Corp common Warrants. 6% preferred 7% preferred Preferred Warrants J* 48 6s 1943 Amer. Oomposlt Trust Shares-Amer Elec Sec partic pf 2.75 T" 66 5 Phoenix Sec Corp.. * —.16 47 pf_100 CD Deb 5s 1948 without warr..J&J Petroleum Trading Corp A...... Second preferred 2.40 Financial Investing N Y First Invest Co of N H pref A(t) Five Year Fixed Trust sharesFixed Trust Shares series A 8* * Overseas Securities 13* * Pacific investing Corp 1st 49 10 Proforrod 40* (t) (t) - $6.60 prior pref American European Secur.. Coll tr ■ f 6s 1958 ser A 4* M - Equity Trust Shares A Federated Capital Corp com I's* 44 X Amer Cities Pow & Lt (f) Units Cont com_(t) preferred Deb g 6s 1953 Amer. Capital Corp A Class B com.(t) 7* 11* shares——(t) 1st serial trust pref with warr Equity Inv common Am Bank Stk Tr 8hares Trust Associates— Old Colony share 5 Oil Shares units................ *6 conv 2* 10 6* share. ""* Elec Shareholdings Corp 11 8 Ask. Bid. Par. Per Preferred 35 30 Stocks and Bonds. Ask. Bid. Per Equity Corp com... Stamped.. JX 38 33 preferred—- $3 convertible Par. share ABC Trust series E aldred Invest Tr 4*s Dec 1907-1968 All Amer Gen Corp 20 Alliance Investment Uorp—_(t) Allied Int Investing Corp com.(f) Stocks and Bonds. Ask. Bid. Par. bonds. marked "f" and Income and defaulted "and interest" except where NOTICE.—-All bond prices are 1* 47* x Ex-dividend. : ' : Utilities Public (Includes etreet and electric railways, gas, electric power, water, telegraph, telephone and bridge companies.! ■OTICK.—All bond prlota art "and Interest" except where marked "f" and (noome and defaulted bond». Bonds. Adriatic Bid. Electric Oo Bonds. Ask. Extls f7s 1952 A&O 80* Alabama Power 1st 5s 1946 -M&8 lst&ref 5s 1951 J&J 95 91 1st & ref 5s 1956 M&N lst&ref 4 *s 1967 J&D 1st & ref 5s 1968 M&S Alabama Water Service Oo— 91 1st mtge 5 82* 94 92* 92* 69 gu 61 B eaver Va Tr gen g 5s 1st conv m 5s 1950 24 WA ' 35 75 85 35 37 3 4* 11 33* 77* 78* 31* 1st mtge 5s 1958 A&O Berlin Olty Elect 6*s 1951—J&D Sink fund deb 6*s 1959—F&A Deb 6s Apr 1 1955 A&O 34 Deb g 5s 2030 M&S Amer G & E deb 5s 2028—.M&N Amer Gas & Power Oo— Sec deb 5s 1953 M&N Secured deb 6s 1939 J&D American Natural Gas Corp— Deb 6*s 1942 with war._A&0 95 - 3* s 9 34* 80* s s 26 29* 35* Binghamton (N Y) Gas 1st 5s 1938 A&O Binghamton (N Y) L H & P— 1st ref 5s Feb 1946—A&O Birmingham Elec Oo— 1st & ref 4 *s 1968 M&S Birmingham Gas 1st 5s '59 .M&N 4*% notes Oct 1 1932 Birmingham Water Works Oo— 1st m 5*s 1954 ser A A&O 27 36* 3* 65* 4 66* 57* 59* 39 40 97 98 101* 99* 102* 102 103 99* 99* 25 ! 30 20 15 65 94 92 65 93 67 90 5s March 60 63 M&N Appalachian Power 5s 1941J&D 7% gold bonds 1936 F&A Deb gold 6s 2024 J&J 90 90* 1st & ref 5s 1956 Appalachian Gas Oorp— Oonv deb 6s 1945 ser A..M&S Oonv deb 6s 1945 ser B M&S Ardmore St Ry—See Phila Oo, Arizona Edison 1st 5s 1948 J&J Arizona Pow 6s '33 opt *13.M&N 1st 1 & unif 6s 1947 ser A. M&N Ark & Mo Pow 1st 6s 1953—J&J Deb 6*s 1935 M&N Arkansas P & L 1st 5a 1956. A&O Arkansas Western Gas Co— 1st 7s 1939 with warr 97* Extl 1st 10W 55 53 55ii 46 54 81* 82 J&J 35 50 Arkansaw Water 1st 5s 1956. A&O Ashland (Wis) L & Pow St Ry. 1st M gold 5s 1939 J&1 77 98* 94 95 Ashtabula Water 5a '56 75 83 .—A&O Assoc Elect 4*s 1953 J&J 5s Jan 11961 J&J Associated Gas & Elec Co— Oonv deb 5 *s 1977 F&A Oonv deb 6s 1999 Oonv deb 4 *s '48 with warM&S 90 84 79 88 82 89 96* 91 93" 89 M&S 98 F&A 97 98* 66 70 78 J&J 15 A&O F&A s 46 56 30 30* 27 25* 26 27 28* 26* 29* 26* 39 deb 5s 1942A&0; M&S O.M&N A&O Associated Telep & Teleg Oo— Deb 5*s 1955 ser A M&N 42* 48* 44* 60* 63 Atl Oons St RR—See Ga Ry & El Atlanta Gas L 5s g 1947 J&D 4*% notes Mar 15 1933.M&S Atlanta Nor Fly—See Ga Ry & El Atlanta Wat. El & Pr 5s 1943 J&J Atlantic Ave RR—See Bkn R T. Atlantic Olty El 5s 1938 M&S M&N lst&ref 5s 1956 A&O Atlantic Olty (N J) Gas— 1st g 5s Jan 1 1960 opt '20- J&J Atlantic Oo Wat 5s '58 AM&S Atlantic Pub Serv Oorp— 1st lien 5*s 1953 ser A Deb 6s 1943 7&A F&A / Aurora Elgin & Chicago RR— 1st & ref g 5s 1946 opt J&J A E & O Ry 1st g 5s *41 A&O 15 Bait & Ann S L—See Md El Ry B Sp Pt & Ohes—See Un Ry & El Bait Traction—See Un Ry & El Bangor Hydro Elec 5 *s '49.M&S 1st Hen & ref 5s 1955 Bangor Ry & El 1st 5s '35—J&J 95 44 62 63* 98 f3is 60 - l»t gold 5s 1942. —F&A Buffalo Ry—See Internat Ry— Burlington (Vt) G L 5s 1955.J&J Burlington (la) Ry & Light— - 94 97 96 93 75 1st s f gold 5s 1932 opt...M&S Butler Water 5s 1957 A A&O Butte El&P 1st s f 5s "32-'51 J&D Oalifornia Electric 98* •' 88 92 78 95" 98" / This price includes accrued interest 102* 88 92 w2mgo,d 73 76 80~~ 1942 A&O &aLt l8t 5a 1943.A&O Water Service 5s 1958.A&0 O&lumet Gas & Elec Oo— 1st & ref 5*s I960 ser B..J&J Oalumet & South Chicago Ry— M rehab g 5s *27 op '12F&A / *£Ust sale, « f dATwift. Nominal, A 13 J&J 12 24 41* 41* Feb 1927 7 7 J&D 4 4 5 5 May 2 2 15 13 J&J f / J&D 4 §2~" 99 89* 95 57* 60 42* 43 Deb g 5s 1963 with warr.M&N Without warrant 97* nf 68 23 r 43 Deb 5a 1969 with 101* op s f—M&N 96 I ser Oitles Serv deb 5s Jan '66—M&S Deb g 5s Apr. 1958 A&O 1st & ref 6s 1942 ser B J&J 1st & ref 5*s 1955 series O F&A alif 41* 72* M&S 1st ref 6s 1947 series A J&J Cincinnati Street Ry— 1st m 5 *s Apr 15,'52 ter AA&O 1st 68 1955 ser B A&O 96 California-Oregon Power— I 5 4 38 Chris & 10th Sts RR—See NYRys 100 ~ 1 / Generating— Cicero Gas gen & ref 5s 1932.J&J Cincinnati Gas & Electric— 1st M 4s 1968 series A A&O CIn Newport & Cov L & T— 94 ™ 15 J&J Certificate of deposit Oorp— —I 67 M&S f g 5s Jan 1 1927-A&O 1st & ref 6s 1953 ser A Adjust deb 6s July 1963 99 CO] « 5s L% 6s 1933.M&S trt* '37 86 100* Certificates of deposit Chicago Rapid Transit Oo— 1st & ref 6*s 1944 J&J 102 1st s f g 5s *48 op aft '12..M&S Power 1st 5s I960—A&O Oalifornia Gas & Elec 95 88 Certificates of deposit 101* 101* 75 35* 35* 35* Certificates of deposit. Pur mon 4-5s Feb '27 opt.J&J Generating— 25 s Series B 103* 98 88 34 Chatt Rys 1st cons 5s '56.M&N Ohes & Pot Tel of Va 5s '43.M&N Chester Water Service Oo— Chippewa Power 6s 1947 80" Oalgary 85 Oons M 5s ser A Feb '27-.A&O Certificates of deposit 96 95 18 34 _ 101* 96* 42* 16 1st & ref 5*s 1956 A&O 6% notes 1932 A&O Chicago Railways Oo— 1st M gold 5a 1927 opt.F&A Ctfs of deposit 47* 104* 101* 101* 33* 35* 41* i, AdJ Inc 4s Feb 1927 opt 1st ref 5s April 1 1939 J&J Gen & ref 5s 1956 ser A..F&A Gen & ref 4 *s 1981 F&A Buff & Niag El L &~Power— 34* A—M&N O 1st & ref 6s 1955 80 Phila'Oo Brush Elec Oo 5s 1952—....A&O Buff & Erie Ry 1st 6*s 1954-J&J Buff Gen Elec 1st 5s 1939-F&A 33 43 warr Oonv deb 5s 1950 Olties Service Gas Oo— 1st M M&8 J&D 43 45* pipe line 5*8 1942.M&N 55* 81* Cities Service Gas Pipe Line Co— 1st M 61* 80 85 Cities Service Power & Light— Deb 5*s 1952 M&N 37* 37* 39 39 pipe line 6s 1943 Deb 5*6 Canadian price Oltizens Gas 1949 Sale price. J&J J&D 50* 48* (Indianapolis)— 1st. & ref gold 5s 1942 i 9 10 Oorp— .-.A&O Chic North Shore & MIlw RR— 1st mtge gold 5s 1936 J&J 70" 140 95 60 -v 34 «er 1st M 4*s 1970... Deb 5*s 1935 108 J&D BrownsviHe Ave—See Lt 1st M & 1st lien 5*s 1953. J&J Chic Dist Elec 55" 1st lien & ref 6s '47 ser A.M&N Conv deb 5*s 1936 J&J Deb 5s 1950- & Certificates of deposit Chicago Olty Ry 1st 6s '27—F&~A Certificates of deposit 73 45 7 Central States Utilities Corp— 10 yr sec 6s 1938 J&J Central Traction—See Phila Oo Oent Vermont Public Serv Oorp— 1st & ref 5s 1959 ser A A&O Central West Public Service Co Coll tr 76 104* 8* Chicago City & Connecting Ry 88 100 55* lairgo!d i* Jan 1 1951-J&J , 49* - 100 85 58 Bklyn Un Gaalst cons5sg*45M&N 45 - 87* 99* Pow 1st 4*s 1958 series A Chic Aurora & Elgin RR— 1st & ref 6s 1951 103 74 _ 95* 74* Stamped guaranteed OWtifir'nt.pui —J&J RR. Nassau Elec 1st 5s 1944—A&O 85 50 102* 99* ser E 1952 ...J&J Transit Oorp f 6s 1968 ser A J&J „ Atchison Ry, Light & Power— 1st 5s Nov 1935 M&N Athens (Ga) Ry & Electric— 1st & ref s f g 5s '50 opt '15 J&J 65* Kings Oo El 1st 4s 1949—F&A Stamped guaranteed... 84* S Bk /. 63 58 Charleston Cons Ry Gas & El Oonsol gold 5s 1999 M&S Chattanooga Ry & Light— 1st & ref g 5s 1956 op '16—M&N 94 & States Series 99 99* 1st ra g 5s 1941 (stpd)—J&J 1st con 5s July '41(stp)M&N Bklyn Un Elev 5s 1950—F&A 42 ...M&S : J&J A 194Q— 68 80 Central Ry—See Un Ry&El (Bait) Central States Elec Oorp— Oonv deb 5s 1948 J&J Deb 5*s 1964 with war M&S15 1st 1 coll 5*s 1956 Series B 1= 30 25* 40 M&N 6*% notes 1932 F&A Brooklyn Rap Trans 5s 1945 A&O Eq ult Trust ctfs of deposit 1 1st ref gold 4s 2002 J&J / 3-year 7% notes 1921 J&J * Cent Un Tr temp ctfs dep. Temp ctfs dep stamped Bklyn Bath & WE5s '33..A&O Brooklyn Queens Oo & Sub— 47 54* 34 ser 5s 66* 75 60 Cent Pow 1st 5s. 1957. ser D J&J Oent Pow & Lt 1st 5s 1956.-F&A Cent Pub Serv Oent 64 5s 65 67 Corp— 81* m 75 72* lst&ref 4*s 1981 ser H Oent Indiana Gas— Oonv deb 5 *s '49 with warF&A Without warrants Bklyn-Manhattan warrants Conv 5V*s 1938 M&N Associated Pub Utilities Oorp— 1st lien 5s 1947 ser A J&J Deb 6s 1958 M&N Associated Telep Oo Ltd— ft Basis. 100" 81* 92 m 1st mtge 4*s 1967 ser F..J&D 1st & ref 5s 1968 ser G—M&N 99 72 98 80* Gen 71* 98 65 32* Gen 70* 75 88 I 23 100* 72* 31* 80 100 M&S 62 87 M&S F&A Bklyn Olty & New RR—See O I Bklyn Olty RR 1st 5s 1941..J&J Eq tr 5s *33-'35 ser A J&J Brooklyn Edison Oo— 42 36 58 104 1st m 5s Mar 6 1938 Gen & ref 5s 1967 P 37 45 19 90 82 Brooklyn Borough Gas Oo— 94 106 42 34 96 86 Bronx G & E 5s 1960 85 66 101 3-yr 5*% notes 1933 F&A Oent Hud Gas & Elec Oorp— 80 1st & gen 5*s 1961 ser F..J&D Cent Ohio L & P 1st 5s 1950 A&O 1st & ref 5s 1954 Ser A—.M&S 11* 10* 82" 100 98 10-yr s f 6*s 1934 M&N Bway & 7th AveRR—See NY Rys Bway Surface RR—See N Y Rys 79" 77* 1 88 British Ool Tel 5s 1960— Broad River Power Oo— 98 103 i 101 M&N M&S f 6s 1953 1 99 Bridgeport Gas Lt 4s 1952..J&J s I 20 63 Cent Ark Pub Serv Oorp— 1st I & coll tr 5s 1948 ser A F&A Cent Orosst'n RR—See N Y Rys. Cent Dist Telep 1st 5s *43—J&D Central Gas & Electric Oo— First lien coll trust 6s '46.M&S First lien coll tr 5*s '46..J&D 1st, & ref 5s Jan 1957 Cent Ills Elec & Gas Co— 28 H 96 Brandenburg (Germany) El Pr— Appalachian Elec Power— 001 l-*l 1 1 61 Cent MainePr 5s '39 op *19 M&N 1st & gen 6s 1942 ser B—J&J 1st & gen 5s 1955 ser D J&J 1st & gen 4*s 1957 ser E.J&D M&N 7s Sept 1947 4s Aug 1 1932 F&A 89" 99" 97" 91* '47..F&A 1944 70 72 Carolina Mt Power 6s 1935. J&D Carolina P & List 5s 1956—A&O Cedar Rap Mfg & P 5s '63.-J&J Central Arizona Light & Pow Oo 1st mtge 5s 1960 J&D Ref mtge 5s 1957 M&S Central Indiana Power Co— 1st & ref 6s 1947 ser A J&J 97 "72* .J&D 97 92 B 86 91 72 66 86 95 ser 67 69 24 1st & ref 5s 1951 F&A Oeut D1 Light 1st & ref 5s '43A&0 Central Illinois Public Service— 1st & ref 5s 1956 ser E...M&N 86* Boston Elev A&O 32 85 5s 1954 m Boston Oon G.-w deb 6s M&N 98 78 Mtge & col tr 5s '51 ser A.A Mtge & col tr 5s '52 ser B.A&O Bleeeker St&FulFy—See NY Rys Bloomlngton Dec & Champagne 1st & ref 5s 1940 M&N Blue Lakes Wat 1st 6s '38..M&S 102* 99* 102* 95 J&D 1st 97 1st & ref 5 *s 1954 31* 1st mtge 5s 1957 ser O F&A Blackstone Val G & E 5 s "39-J&J 1st 6e 1948 J&D Ana & Pot R RR—See W Ry&Ei. 2-yr 6% notes 1933 32 29* Works Androscoggin Elec let, 6s '34 A&O Androscoggin Water Power— ser 80* 34 29" 1st mtge s f 6*s 1956—-A&O West End St 5s 1932 5s May 1936. Oonv deb 6s 1941 Oonv deb 5*s 1944 100 Berlin Elec Elev & Underg Rys— Annap & Chesapeake Bay Pow— 1st M 5s 1965 Assoc Telep Util 102* 1U2* 27 Ry 4s 1935 M&N Deb g 4*s Oct 1 1937—A&O Deb g 4*a Nov 1 1941— M&N Deb g 5s Dec 1942 J&D Without 91* 102* 102* 1st & ref 5s 1960 ser O A&O Beloit Water, Gas & Elec Oo— 1st g 5s 1937 M&S Bellows Falls Hydro-Elec Oorp— 1* 33 Oonv deb 4*s 1949 Cons ref deb 5s 1968 Oonv deb 5s 1950 7 92 91 J&J 1st & ref 5s 1948 ser B J&J 1st 6s 1945 i 90* .J&D Ask. Capital Traction (Wash, D O)— 1st g 5s June 1 1947. J&D Carbondale Ry 5s Nov 1933..J&J Carollna-Ga Service Oo— 6* % notes '32 with warr J&D 38 91 1st mtge 5s 1960 ser O—M&N Bell Telep Oo of Pennsylvania— Amer Elec Pow deb 6s '57 M&S 15 Amer & Foreign Power Oo*— Amer W W & El 5s 1934 Deb 6a 1975 Ser A Deb 5s 1975 ser B 76 10 f A&O Bid. Canadian L & P 5s '49 op '14 J&J Oanal&Claib RR—See NO Ry&L Canton-Akron Oon Ry 5s '33 J&J Canton Elec Co 5s 1937 M&N 55 1953 M&N lstg 5s 1957 ser B 53 33 Deb g 6s 1952 ser A F&A Deb g 5*s 1953 M&N Oonv deb 6s 1940. M&S Amer Community Power— Deb 5*8 Nov 1 1943—M&N Oonv deb 4*s 1939 J&J 35-yr deb 5s 1965 F&A American Utilities Oo— 1st lien & ref 6s 1946 J&D Deb 0*s 1941... M&N A&O Bell Telephone of Canada—... 1st g 5s 1955 ser A —M&S Amer Commonwealths Power— Deb 6s 1938 J&D Amer Telep & Teleg— Oonv g 4s '36 conv aft '09.M&S Ooll trust 5s 1946 J&D Deb sf 5s 1960 -J&J 74 ^ A&O Elec Ry P&A 15 Am Pow & L deb 6s 2016—M&S Amer States Public Serv— 1st I 5*s 1948 ser A M&N F&A A&O Beauharnols Power Oorp— Ooll trust s 16s 1959 w w—A&O 65 31 Deb 5*s 1953 1964——J&D 1st 7s 1953 Deb 8s 1953 72 Bonds. Rlv Bdge Oo— Bear Mt Hud 87* Ask. Oamden & Sub Ry—See P S Oorp Canada Nor Pow coll 5s '63-M&N , . Oon g 4*s 1933 *s 1st M 5s 1959 ser B 86 1st M 5s 1957 ser A .J&J Albany Ry—See United Trac. Alleg Bellev & P—See Phila Oo Allegheny Gas Oorp 6 *s'43 M&N Alton & St L Bridge 7s 1947 M&N Deb 7s 1942 Alton Water 6s 1956 Altoona & Logan Val Bid. Oo— Baton Rouge Electric (Italy)- J&J 88 NOTICE.—All boad prices Bid. Bonds Citizens L H & P Tract—See 94 96 Phlla Co City Elec San Fran 6s 1937—J&J City & Sub Ry—See Wash Ry & El City Water (Chattanooga)— 1st M 6s 1954—-----J&D 1st M 6s 1957 series 0-—M&N Clev El 111 1st 5s *39 op '24.A&0 100 78 78' 100% 100 series A—M&N 100 Gen M 5s 1961 series B—A&O Oleve Pains & East Oon 5s 1918— Ext at 6% to 1933 A&O f Vl" Oleve Ry 1st 1933 ——--M&J Oleve Southw Ry & Light— Gen &con 6s 1954 M&S f — Clinton W W 1st 5s 1939 F&A Coast Cos Gas & Elec— 93 1st M 5s 1960M&N 9244 Colorado Power 1st 5a '53--M&N Columbia Gas & Eloc Corp— 7644 Deb g 5s 1952 --M&N 794* Deb g 6s 1952 —A&Olo 77 Deb 6s Jan 15 1961 -J&J 15 Columbia (S C) Ry Gas & El Co 77 1st M s r g 5s 1936 J&J Columbus Dela & Marion Elec Co 75 1st & ref 5b July 1937 J&J 76 1st & ref 6s (strnpd) 1937--J&J Columbus (Ga) Elec & Power— 96 1st & ref 6s 1947 ser A J&D 92 1st & ref 5s 1954 ser B—-M&N 954* Columbus(O)Gas 1st 5s g *32.J&J Columbus (O) Interurban Ter Co 1st guar 5s 1935 -—-J&D / .... Col Lon & Spr Ry—See Ind C & E Gen M 6s 1954 BR—See NYRys Columbus (Ga) Pow 5s *36—A&O Columbus Ry Pow & Light— 1st ref 4%s 1957 ser A J&J Col Ry 1st 4s *39 opt *14—Q-J Col St Ry 1st 5s g 1932—-J&J 83 83 102% 102 102 92" Cross St 1st 5s g 1933——J&l Commonwealth-Edison Co— 94% 94% 78 83 IVUt UUl'i^S BDl 1960 ser E A&o 1st M 4s 1981 ser F.. . M&S 344% notes July 30 1932 Commonwealth utilities Corp— Conv deb 6a 1938— M&N Commonwealth Wat 544s A 1947. 1st M 5s 1956 ser B F&A 5s 1957 ser C—F&/ Community Power & Light Co— Col M 5s 1957 M&S Community Water Service Co1st mtge Deb g 6s 1946 ser A Deb g 544s 1946 ser Oonestoga Trao J&I B M&L 1st 4s 1950--J&J 1954 ser B—F&A 1956 ser O—J&J Connecticut Power 5s '63— 1st & coll trust 5s 1956— Conn Ry & Lt 444s 1951 optional-_ Conn Ltg & Pow 5s '39——J&J Conn Riv Pow 1st 5s 1937--J&D Oonnellsv Wat 5s Oct 2 *39—A&O 1st & ref 544s 1st & ref 4 44 s .A&O Consolidated Cities L P & Tr— 1st Hen 5s 1962 stamped--J* Oonsol Gas of Bait 5s 1939--J&J Gold 5s 1951--. Gen g 444s A&O Apr 1954 88% 8644 8644 77% 87% 93 97% 95 96" 85 90 85 90 88 78 Extl a f 5s Feb 15 1954-F&A15 1948-M&N St Ry—See Ool Ry & Council Bluffs Gas 5s Crosstown Oross St Ry—See Int Tr (Buff) Cuban Telep conv 5s 1951 ..J&J J&D 1956 1st M 5s 1959 444s Dakota Central Telep Co— 1st gold 6a 1935 Dallas Gas 1st 6s 1941— Dallas Pow & Lt 6a 1949 1st g 744s 1949 ser 1st g 5s 1952 ser O J&J J&D A&O J&J J&J —J&J 1st gold 544s 1954 ser D ..J&J Dallas Ry & Ter 1st 6s 1951-J&J B Danville Tr & Pow 1st 6s '41-J&J Co— 1st M g gu 5s 1933-1937—M&S Derby Gas & Elec Corp— 1st lien 5s 1946 - b F&A Co— series A—-M&S series B — .M&S Ry 5s 1936 J&J 85 9% 8644 25**" 23% M&S Tunnel—_ M&N 6 448 1948—M&N 97 98% 18% 1% 20 Oonv s f deb lst m -J&J 1st m 5s 1950 series B A&O Detroit Edison 1st g 5s 1933-J&J Gen & ref 5s 1949 series A-A&O Gen & ref 5s 1955 ser B„J&D Gen & ref 5s 1962 ser O—F&A 2% '•934* 93 10244 94 58" 111 104 96 100 100 92 94" 92% 97 98 94 96" 80 49 10144 95 51 102 96 100 106 99 97% 9144 E St L & lnterurb Wat 5s '42 J&J -J&J lst m 5s 1960 ser D F&A East St l<ouis (111) Lt & Pow— lst 5s 1940 -J&D Easton Cons El 5s 1949 M&N East Palm & Beth 6s 1939.-J&J Economy Lt & Pow (Joliet, 111)— 1st m s f gold 5s 1956 J&D 1st m 6s 1942 10444 94% 30 15 Edison Elec I lium of Boston— 34 59 60 46 4% notes Nov 1 "32 M&N 3-yr 5% note Jan 15 *33-J&J 15 444% notes Oct 1932——A&O Ed El UJ(Bkn)See KingsOoEL&P Edison El 111 (N Y)—See NYfl Galesburg Ry Ltg & Power— Oon 5s Oct 1934 J&D 92% 80% Electrical lst M 75 Electric 88 92 96 100% 101% 93% 54% 28 70 50 101 94" 5544 29 74 55 Lt. 61 65 82 s Pow 1st m 1014* 100 101 94 95 101% 105% 94 96" 98 100 46 48 A&O 70 30 New bonds _ 3 1954 M&N, Gatlneau Pow lst 5s 1956—J&D Debenture gold 6s ! 041 J&D 1 •> Deb 6s 1941 series B A&O General Gas & Elec OorpGen 5s Nov 1 42 24 93 73% 6 —— 5% notes Aug 15 '32—F&A15 5% notes Aug lo '33—F&A15 5% notes Aug 15 '34—F&A15 5% notes Aug 15 *35—F&A15 General Public Service Oorp— Conv deb 5s 1953 J&J Conv deb 544s 1939 J&J General Public Utilities— 32 lst lien & col 5a 1943 ser 29% 31 Oonv deb 6s 1931 ser 16 ser m — wmm, 17 30 Gt Falls Pow 1st 5s '40 Great Lakes Power 26" 78 86 89 74 76 91 93 80 ojp—M&N 100% 99 34 31% 40% 33 32 33 32 33 41 26* 15* 13 15 6 Oorp— F&A *67 ser A J&J Greenwich Wat & Gas System— Ool tr 5s 1952 ser A A&O Ool tr 5s 1952 ser B_. A&O Guanajuato Power & Elec— 5s 1950 ser A J&D 6 %• *43-J&D Mountain Empire District Elec Oo— lst & ref m 5s 1952 M&S Empire Gas & Electric Oo— Glen & ref 6s ser A 1952—J&D Empire Gas & Elec and Empire Coke jt Ist&ref 5« '41 opt .M&S Empire Public Service Corp— Deb 6« 1950 w w 1950 J&J / Brcole MareHi Elec Mfg Oo (Italy) lst ■ f 6%s 1953 with war M&N s >^01 • 44% 1 1 100/" 30 100 96 98 87 89 1 93 95 6244 6244 64 67% 87 92 A&O 72 78 ^ A&O Deb g 544s M&S 1951 TIest Man & Fair Pass Ry—See Home Telep & 81 40 42 7744 78% P 70 72 85% 87% 90 92 73 s 33% 10044 33% 101 20" 25."*. 6% 9% 88 11 R T Teleg(LosAngeles, -J&J J&J Oal) 1st 5s 1933- 85 & Tel of Spokane— 88 Home Tel s 59 58 lst M g 5s May 15 '36-M&N 15 Houston El Oo 1st 6« '35—J&D 96 s M&S 40 Houston Gas & Fuel 5s 1932 56% Gulf Gas— lst M & col 6s 1943 ser A,-A&O 5744 Deb 6%s Hons 80 5 1943 with war. _A&O Home Telep 5s 1935. -M&S Nominal, 37 40 98 9l" 85 86 83 83% 50 lst 65 r Canadian price, 40 90 m coll 6s ! n 45 38% 43 with warr.J&D Hudson Oo Gas 5s g 1949—M&N V;' 54 41 - Houston Lt & Pow lst 5s *53 M&S 1 st Hen & ref 4 44 s '78 ser D M &N lst lien & ref 444s 1981 ser E.. Houston Natural Gas Oorp — 83 —- 98 38 Houston Hunt'g'n Wat 1st M 6s '54 1st M 5s 1954 ser B 9 56 A&O 1932 A.M&S lst M & ref 444s 1961 B—J&D Hackensack Wat 4s '52 op '12J&J Gen&ref5sJunel5'77 A—J&D15 Hamburg (Germany) Elec Oo— Extl g s f deb 7s 1935 M&N Hamburg (Germany) Elev Undergrouna & St Rys 5l4« '38 —J&D Harrisburg Gas 5s 1970 M&N Havana Elec Ry, Light & Power Gen M 5s 1954 series A—M&S Havana Elec Ry 5s 1952—F&A 15 k Last a ale. 35% 6 Power Helena Gas & Elec lst 6s '52M&S J&D Deb 644s 1938 f TRIs price includes accrued Interest. 33% Gulf States Utilities Co— 8 77 62 82 1942—M&N 1935!—F&A Great West Power Oo of Oallf— Grt West Pow Oo 5s 1946-J&J Green Bay Gas & Elec Oo— lst & ref 5s 1935 M&N lst lien coll tr 544s Great North Pow 5s lst M & ref 5s 1956 ser 32 8344 60 17 1932-1944 6s Gulf Power lst 5i 1968 97% 83 85 6s 96 100% Ltd— lst mtge 5s 1948 Greenwich Wat 4%s 99% 100% 17 99% Great Lakes Utilities Oo— Green 99k 18 16 M&N lst M 23"" J&D Oorp— 6% notes 1933 A.J&D A—J&D Oonv deb 6s'1944 ser B—A&O Georgetown Gas Lt lst 5s '61 F&A Ga Row & Ips—See B & N St Rv Georgia Power 1st 5s 1967--M&S 10 Georgia Power & Light Co lst mtge 5s 1978 J&D Georgia Ry & Elec— 73 Atlanta Cons St 5s 1939—J&J 66 Atlanta Northern Ry Oo— lst guar 5s '54 op '90—J&J Gesfurel 6s 1953 J&D 98" Grand Rapids Ry lst 7a '39 M&N 95 Great Cons Elec Pow (Japan)— lst M 7s 1944 -F&A 38 lst & gen 6%s 1950 J&J 36* -m> 77 35 Conv General Water Works . 66% s 76% 30 A '56 A&O 1st. M coll tr 6 448 *er 102 " 654* 97 95 66% 654* 6444 30% " b Basis, 15 ----- 1st refunding 5s 1945 El Paso Nat Gas lst 101 f g 96 96 644 % secured notes L 931--J&D 6% secured notts 1931 J&D El Paso El Oo— 85 60 Ry— lst m 6s 1945 f 644s 52% 56 714* Old bonds (Germany)— Corp Elec 5s 1954 opt Gulf Public Service Oo— 1950 M&S lst sink fund 6%s 1953---A&O Electric P & L Deb 6s 2030.F&A Electric Public Service Co— Sec g 6s 1941 ser A A&O Sec g 6s 1941 per B A&O Sec g 544s 1942 ser C A&O Deb 6s 1936 J&D Deb 6s 1937 A&O Electric Public Utilities Co— 15 -year sec 6s 1942 J&D / Eliz Plainf & Cent J ISee Public Eliz& Trenton RR / Serv Oorp. Elmlra Water, Light & RR— lst & con g 5s 1956 M&S lst s J&J 1934 Gary Elec & Gas Oo— lst lien col 5s 1934 ser A J&J Gas & El of Bergen Oo 58'49-J&D Y Rys Devel of Ontario— lst 5s 1933 ------------Elec & Peop—See Phlla Rap Tran 70 Galesb Ry & L 5s Galveston-Houston "1% Eighth Ave RR—See N 77% 4544 37 42d StM& StN Av — See 3d Av Ry 100% 100% 100% _ J&J 66 30 -J&J / lst M g 5s 1930 guar 102 „ 6% conv notes 1932 E. Kootenay Pow 1st 7i '42. A&O East Prussia Pow 6s 1953—J&D Florida Public Service Oo— lst M 6 4s 1949 F&A lst 6s 1955 series B A&O Florida Telep lst 6s 1945-—A&O Ft Pitt Traction—See Phlla Oo Ft W Van Wert & Lima Trac— 86 84% 91% 4448 1961 ser D-F&A Detroit International Bridge— Lst m s f 6448 1952 F&A 44 S f deb g 7s 1952 F&A Det United 4%s 1932 opt—J&J lst m & c< 11 tr 6s 1929 J&J f 15 Det & Pt Huron Shore Line— lst gold 5s 1950 J&J f Dixie Gulf Gas Co— 74 1st 644s 1937 A with war .M&S 39 Dominion Gas & Elec 644s 1945— Dortmund Muuic Util (uermany) 19 20-yr s f 6 %8 1948 A&O D D E B & B RR—See Third Av Ry. 90 Duke Power—lst 4448 1967-J&D Duke Price i'ower Co— 70% lst m s f 6s 1966 ser A—M&N „ —J&J J&J 544s 1956 ser B Florida Pow & Lt lst 5s '54—J&J 644% notes 1935 M&S15 Duquesne Light—See Pkila Co Duquesne Trac—See Phlla Co Eastern Connecticut Pow Co— 100 1st m s f 5s 1943 series A_A&0 Eastern Mass Street Ry Co— 28 Refm 4443 1948 A J&J 29% Ref m 5s 1948 B ...J&J 31 Ref 6s Jan 194S ser O—M&S15 31 Ref 6s Jan 1948 series D.A&O 35% Ref 6s Jan 1948 serios E.M&N Eastern Michigan Rys— 5 lst mtge coll tr 7a 1958 J&J / % Adj 6a 1958 —J&J / Eastern Shore Pub Service Co— 71 1st m 5%s 1947 ser A M&S 64% lst M & lst lien 5s 1955 B M&S Eastern Wisconsin Electric Co— 90* lst Jien & ref 6s 1942 J&D 95 lst lien & ref 644s 1948-M&S 93 Sheboygan Elec 5s 1946--J&J East Coast Utilities— 35 lst coll 544s 1937 ser A..F&A Conv deb os 1933 ser A. .M&N / 14 .... Florida Power Oorp— lst m 544s 1979 ser A 96 Detroit City Gas Co— 1st m 6s 1947 series A 1957—-M&S lst lion col tr 5 44s 80 M&N 1st m s f 6s 1953 76 J&J gold notes 1932 6% Federal Water Service Oorp— Conv deb 5%s 1954 -M&N Federated Utilities Inc— Des Moines & Cent la Elec m J&D 724-8 7344 Fed St & Pleas Val—See Phil Oo 59 39 110 Federal Public Serv Corp— lst 1 6s 1947 7%% 56 37 J&D Cumb'lana T & T os 1937 6% notes Oct 1 1933 Denver Tramway Terminals Light & Traction— s f g 5a 1942 opt M&9 Stamped-lst lien g 6s 1942 stpd M&S Debenture 6s 1954 Bor B—J&D lst 22 19 80 J&J Duquesne Gas Oorp— lst conv 6s Mar 15 1945-M&S15 1st lien & ref 7%s 1941—M&S Cumberland Oo (Me) Pow & Lt— 1st. Tramway Corp— 54 Consumers Power Oo (Mich)— J&J Pa tax.- 43 46 '16 Denver as to 50 46 01952-.M&N 1958.M&N Contln Gas & El deb 5s 1958 F&A Cooper RivBrl'ge » nol8t6s'6bM<£; N Copenhagen Telephone Oo— Federal 97% 92% 91 42 1955 Deb 4s 1956 guar lit lien & unif 444» 96 91 Gen & ref (Bait)— lstl &unlf5s ser 94" 1st m 5s 1956 97% 974* Deb 4s 1955 1st & ref 5s 1936 op 9944 90 Detroit & Canada 100 98 Feb 14 1935—-J&10444 1st ref 514s 1952 ser E—-M&S 9844 lit & ref a f 4 % > 1969 ser G M&S 95% 1st & ref s f 4 44s 1970 ser H J&J 90 lit & ref 4« 1981 J&D 110 Oonsol Gas N J 6s « 1936 J&J Consolidated Gas (N Y)— Deb 544s 1945--. 103% F&A 94 20-yr deb 444a 1951 J&D Underlying cos—See N Y G E L H & P. Oonsol Gas Utilities Oo— 29% 1st & coll 6s 1943 ser A.-.J&D 13% Conv deb 644s 1943 ser A.J&D Oonsol Hydro-Elec Wks of Upper 33 Wuerttemburg 1st 7s '66—J&J 46 Oon Ry (New Ilav) deb 4s '64 J&J -J&J A&O J&J Consolidated Telep of Wise— 1st M 644s 1942 ser A M&N Cons Tr (N J)—See Pub Ser Corp Consolidated Water of Utlca— 1st M 5s 1958 M&N Consumers El L & P (New Orl)— 1st M 5s 1936— J&J Consum L H & P Oo (Ell*, N J)— 5s 1938 J&D Fall River Elec Lt lit 1945—J&J 94 io5" Gen g 444s Deb 4s 60 70 99 — Consol Gas Elec Lt & P lst g 5s 1938 opt 1913 A&O Falrmount Pk Tran* 5s '37--A&O A&O Denv Gas & K1 1st g 5s '49--M&N 1st. & ref 5s 1951--M&N 80~" 98 41 Evansv G & E L 5s '32 op '12J&D Fairmont & Clarksburg Trac— 91 — 5s, 1938 Des Moines Gas Co— 98 30 41 Without warrants--- 67% 65 9644 90 1st 99 * ' 93 Des Moines Elec Co— 90 53" Conn Light & Power— lst&rofsf7a '51 ser A—M&N 100% A&O Erie Ltg lst m 5s 1967 A&O Erie & Suburban Ry 5s *41 -A&O Europ'n Elec Oorp (of Oanada) Deb 644a 1965 w w F&A f g 5s 1941 s 89" 80 80 23 A&O Rys—lst 6s 1954 Erie El Motor 85 S F 6s 1937 opt 99 98 Erie 86 96 J&J J&J 1st M 444s 1969-1st M 44*s 1969 S F 5s 1937 opt Des Moines City 97% IVl Eqult G&E Utlca 5s 1942.A&0 84 98 Bid. Bonds. Ask. R Tr. Delaware Elec Power Oo— Deb 544s 1959 J&J Delaware Power & Light Oo—„ 1st M 444s 1971 J&J 78 8744 1st M col 4%s Darby Med & Ohes Ry—See Phlla Davenport Water 5s 1961 —J&J Dayton Ltg 1st 5s '37 op T2-M&S Dayton Pow & L 1st 5s '41.-J&D Day 8p & Urb—See Ind Ool & E Defiance (O) G&E 5s 1942—M&S Gen & ref 5s 1950 ser A 8044 97 Bonda, Stamped 3 "f" and Income and daiatolted bonis Bid. Denver Cons Tram 5s 1933- Oolum & 9th Av 96 '*»od intoroit" except where marked Ask. (Johnst'n, Pa) 1st g 6s 1934 opt 1914--M&N Citizens St Ry—See Ind Tr & Ter Citizens are BONDS UTILITY PUBLIC 76 s Sale price. AM&S M&S 100% 106" 94 96 85 90 UTILITY PUBLIC larOTIO*.—All bond prloes Bonds. Bid. Hydraulic Power of Nlag Falls— lstr& refundlngfts 1950—J&J Ref & impt 5s 1051 A&O Waho Power 1st 5a 1947 J&J IU Bell Telep 1st 5s 1956—J&D Illinois Cent Trac 5s 1933.—J&D Illinois Commercial Telep— B.._M&S 1st mtge 5s 1960 „ ser IlJ-Ky Bdge 0%s 1947 M&S Illinois Northern Utilities Co— 1st & ref 5s 1957 opt A&O Illinois Power & Light Corp— Ask. 100 101 1st M 102% 102% 68 71 1° 14 84 87 J&D 67% 8 f deb5%# 1957 M&8 62 Jamaica Water Supply < *o— 1st gold 5%s series A 1955-J&J ' 63 J&D 79 James River Janesvllle 97% 1st lien coll 5% M&N 1938 . Dayt Spgf & Urb 5s '28--M&N 1st M 5s 1951 series O—M&S Indiana Gas Utilities 6s 1946 J&J Indiana General Service— 1st M 5a 1948. Indiana Hydro-Elec Power— . 50% 1st mtge 6s 1958 J&J A...M&N ser 1st & ref 5s 1955 92 94 65 67 98 100 Gas & O—See Peo G L&C Pr 1st 17 Hi '41 A -M&N 102 45 1st 1 & ref 6s 1963 F&A 43 6% . J&D conv notes 1940 Indlanap Columbus & Sou Trac— 1st M g 6s Feb 1 1948 F&A Indianapolis Gas 5s 1952...A&O Indlanap & Martinsv Rap Tran— J&J / 50 25 10 3 86" Indianapolis & Southeast Trac— 1st M g 5s 1935 J&J / Indianapolis Trac & Term Co— . 1st s f gold 5s Jan 1 1933-A&0 Indlanap St Citizens St gen 4# 1933—-J&J 5s g 1933 M&N / Indianapolis W W Sec Co— Secured 5* 1958 J&J con 4%s 1940 opt-.J&J 1st lien & ref 5%s 1953—M&S 1st lien & ref 5s 1970 M&S Inland Gas 6Hs 1938 Inland Pow & L a s f 6s 1941 ser B Col tr 6s 1957 ser O Deb sf 7s 1935 M&N A&O -J&D Inland Telep 1st 6s 1948.—A&O Inland Utilities Inc— Conv deb 6s 1934 J&D Inter borough-Metropolitan Co— Col fcrus g 4 %• 1966 A&O g 5s '35 opt '08. J&J 1st 1 & ref 54*8 1955 ser A.J&D 1st & ref g Rapid Transit— os '66 op tax-ex. J&J Stamped 6% notes 1932 i A&O Conv g 7% notes 1932— M&8 Intercontinents Power Co— Debs 6s 1948 with warr J&D International Hydro-Elec System Conv deb 6s 1944 A&O — International Power Sec Com— Coll trust 6%s 1954 ser B.J&D 6%% 7 10 60 65 90 100 103 ~8~~ 12"" 32" 39"" 30 40 Buff Trac Cross St. 12 % 37% 54% 54% 38% 72% 41% 44% 95 96 5 s 5 E 1st 5s 1948 Ry 1st 6s g 79% #70 J&D '32..M&N 1st M 5s gold 1936 J&J Internat Ry ref 5« '62 op.M&N International Telep & Tel eg— Deb g 4%s 1952 ..J&J 4%s 1939 J&J F&A Interstate Nat Gas 6s 1936..J&J interstate Power 1st 5s '67—J&J Deb gold 6s 1952 J&J Interstate Pub Serv Oo— Deb 5s 5 3% 1956 1st & ref 6%s 1949 ser B—J&J 1st & ref 5s 1956 ser D J&D 1st & ref 4%s '68 ser F—M&S Interstate Rys 4s 1943 F&A 6 1961 1st mtge 6s 1934.J&J Iowa-Nebraska Lt & Power— 1st lien & ref 6s '57 ser A.M&N 1st 1 & ref 5s 30% 32% 32 34 37 34 38% 34% 43 H 44 89 91% 75 76 65 63" 70 70 76 75 76% 74 78 73 77 70 51 78 82 1st & ref 6s 1943 1st & ref 5%s 1950Deb 6s 1950 ser A F&A J&J! M&NI Gen gold 5s Fob 1 1933.-.F&A Sand Frem & Sou 5s 1936-J&J 98% 99 83 86 80 79 85 80 . 8734 82 i 85% 87 1% 3 60 57 98 98"" IV* 30 37% 35% 71 97 40 1st lien & coll tr 6s '53-M&8 Manila Gas Oo— 1st lien coll tr 5%s 1937--A&O 83 85 98" 96 42 Manila Elec RR & Ltg Oorp— Manila Sub Rys 1st 5s 1946-M&S Manitoba Power Oo Ltd— 1st M ■ f 534s '51 ser A...J&J 82 81 81 96 1st M s f 5%a 1952 ser B..J&J 80 r 55 58 r 55 57 Mannheim & Palatinate Elec Cos 15-year s f 7s 1941 J&D Manuf'ra Wat (Pa) 5s 1939.J&D Market St El Pass Ry—See PRT Market St 27 30 100 101 Ry (San Francisco)— 1st s f 7s 1940 ser A__.__.Q-J Maryland Electric Rys— 9134 9134 1 1 46 Guaranteed 6s 1933 -A&O 1st & ref 6%s 1957 ser A..J&J 1st & ref 6%s 1962 ser B..J&J 50 49 52 93 96 Bait & Ann 8 L 5s 1940—F&A Maryland Light & Power— 1st M 5%s 1950 ser A J&J Massachusetts Gas— 20-year iif' 5%s 1946 J&J 89 90 M&N 83 85 89 91 76 78 66% 6534 68 Sink fund deb 5s 1955 Mass Utilities Associates— S f deb 5s 1949 ser A 65% Ma ss! I Ion 1st 68"" 70 120% 94% 32 32 80 81 A&O Elec & Gas— 5s 1956 j&J McGav & Mt V—See Nash Ry&L Memphis Power & Light Co— I 1st & ref 5s 1948 ser A J&J 1st & ref 4%s 1978 ser O-A&O Memphis St Ry con g 5s '45-J&J / M&S 12234 Meridian Lt & Ry 5s 1944Meridionals Electric Oo— 1st s f 7s 1957 ser A 1034 20 80 A&O Metropolitan Edison Oo— 97 9934 98% 94 107 M —j 86 115 9634 1st & ref os 1953 ser O 1st M 4Mb 1968 ser D 93% J&J M&S 1st M 48 1971 ser O M&N Met Street Ry—See N Y Rys Metropolitan West Side "L" 1st gold 4s 1938 F&A Exten gold 4s 1938 J&J 74" 78 15 20 93% 94 1st M os 1961 --.A&O Mich Elec Ry 5s 1948 J&J Jack Cons Trac 5s 1934—M&N Michigan Gas & Elec Oo— 78% Michigan Associated Telep Co— 67% 95 85 78 Mexican 33 28 31 ElL 1st M g 5s *35-J&J Mex Lt & Pow 1st 5a '33 s f.F&A 5 69 73 I8! h r.6f ^ 1943 1st M 5s 1 3 3 ' 8 83 J&D 74 77 ^!^gan £,gh£ l8t 58 I946-M&S 35 80 97 M&S 1956 18 18 Tol Frem & No 6 lis 1925— Extended at 6°£ to 1933 J&J Michigan Nor Pow 1st 5a '41 _J&J Michigan Public Service Oo— 93 25 35 Lake Shore Power Co— 1st and ref mtge 6s 1950-— J&J A&O 65 67 58 65 1st g 5s 1947 ser A Middle West Utilities Co— 6% conv notes 1932 J&D 35 38 J&D Lake 8t Elev tiK—See Chic & O &k PkE lec Lake Superior Dist Pow— 1st M & ref 5s 1956 80 J&D Lawrence (Mass) Gas & Elec— 1st M 4Mb 1940 B.—F&A ser Ry. F&A 69 1st M 6s 1944 —M&S Lexington Util 1st 5» 1952 .F&A conv notes 1933 conv notes 1934... 70 2134 22% 21 22 J&D 21 22% Ry— 3 1938...M&S 42 Mlllv Etna & Sharps—See Phil Co Milwaukee Coke & Gas Co— 1st M s f 7%s 1933 50 40 100 F&A 30 32 32 35 Milwaukee Elec Ry & Light— 1st & ref 5s 1961 ser B 1st M 5s 1971 Milwaukee Gas - J&D J&J M&S *34 op.-J&D 75 78 Minn Gen El 1st 66 76 Lexington Wat ref 534s 1940-F&S Lexington Wa Pow Co 1st 5s'68J&J 88% 86 78 50 52 Conv deb 5%s 1953 .J&J Lincoln Gas & Elec 5s 1941. J&D Lincoln Tel & Tel— 1st. M 4Mb 1961 ser A J&D Lindell Ry—See United 18 21 1st M 4J4« 1950 J&J Minn St Rys—See Twin O'y R T Minnesota Nor Pr jt 6s 1934.A&O Minnesota Tower & Light Co— 93 1st & ref 6s 1955 1st & ref 434s 1978 89 >' 94% 100% 75 76% Long fsli Lighting 5s 1st ref 6b 1948 1st & ref 5s 1955 1936—M&S ..J&J Secured g 6s 1945 45 1st & ref 5s 1955 55 -—M&S Mississippi Power & Light— 1st M 6s 1957 J&D 95 91 «•' 81 84 66% Mississippi River Fuel Corp 1st s f68 1944 with warr F&A 15 67% 91M 99% 92" 101 93 ser Mississippi Rlv Pow 5a '51—J&J Deb 5a May 1 1947 Missouri Power & Light— 95 r Co,nv,£e,b g 5^9 '52 ser A.A&O Lorain Telep 1st 5s 1958 Los Angeles Gas & Elec Corp— 1st & ref g 5s 1939 80 85 70 75 65 50 60 1934..-J&J *Lastsale. nNomlnaL r 99% 94% 101 99 A—F&A Mo Rlv Sioux City 1st » f 6s 1953 101 98 103% 100 99 100 103 104 99% 99% 100% 101 Canadian urice M&N 1st M 5Mb 1955 ser A M&S 1st M 4Mb 1958 ser B M&N Missouri Public Service Oo— First mtge 6s 1947 ser 102% 94% 90 opt..-M&S 65 91 94 77 79 75 77 79% 81 s Sale price 80 81 76 Without warrants._ 100 J&J 1st & gen 5s 1961 M&S Gen & ref 6s 1942 ser D__M&S Gen & ref 5 34s 1943 ser F M&S Gen & ref 5%s 1917 ser E J&D Gen & ref 6s 1942 ser G ..M&S Gen &ref5%s 1949 ser I.A&O Los Ang G & E 5s J&D M&N 63 Mississippi Power Oo— Rys(StL) Little Rock G & F 6s 1937-M&N Little Rock Ry & El 5s '33...A&O Ref & ext g 6s 1938..-...A&O Lockhart Power 534s 1950.-F&A Lombard Flee Co (Italy)— 1st extl 7s 1952 with warr. J&D Without, warrants... Lone Star Gas a f 5s 1942 ..M&N os 90% 89% 94 Minneapolis Ga% Light Oo— 76 103 ' Light Co— 1st M 4Mb 1Q67 98" "j&D 1st a»dref mtge 4 34s 1932. J&J Midland Natural Gas Co— Conv deb 6s 1935 j&J Midland Util deb 6s 55 Leipzig Overland Pow 6%s '46~ Lex Ave & Pav Fy—See N Y Rys Lex (Ky) Ry—See Ky Tr & Term Lexington (Ky) Tel— 5% 5% 5% conv no'es 1935 Middlesex & Boston St 92 1st M g 5s Dec 1935 opt.-M&S l3t M g 4s Dec 1935 opt- .M&S Cons gold 4s 1935 J&D Ref & impt g 5s I960.- -J&D 88 46 90 ;■ 88 12 72% 81 101 104 12 /This price includes accrued Interest. 75 62 1st col&ref5 Mb 1960 ser D F&A 69" 5M% gold notes 1935 F&A Lake Erie Pow & Lt 6s 1946 A&O 90 Lake Roland Elev—See Un Rys & Elec. Lake Sh Elec 1st con g 6s '33 J&J 25 Ironwood & Bessemer Ry & Light! lsts f g 5# '36 opt after '15.F&A! ft Baals 5s 1951 F&A Debentures 6s 1948 F&A Laclede Gas Lt ref 5s 1934.-A&O 1st M coll tr 5%s '53 ser O F&A 53 Istratge5%sl95» M&S Iowa Ry & Lt (Cedar Rapids)— 1st & ref 5s 1932 ser A —M&S 1st & ref 5s June 1946 B—.J&D 1st & ref 5%» Oct 1945—M&N Iowa Southern Utilities— A&O — 99% B..M&S ser 88 81 Lehigh Power Securities— Deb g 6s 2026 ser A Iowa Pow & Lt 1st 4%s 1958 M&S Iowa Pub Serv 1st 6s 1957—J&D DeD 5s 1968 M&S 1961 88 84 Lehigh Valley Transit— 75 A&O 84 78 72 70 Iowa Electric Co— 9534 2934 102 75 64 14 92)4 28 M&N 82 Interstate Telep Oo— 1st M - 1st M 5s 1978- 50 98" 75 v 15 Kings Co E L & P 1st 5s *37.A&O Purcb money 6s g 1997 A&O Edison El HI Bklyn 4s '39-J&J Kings Co Elev Ry—See Bklyn RT Kings Co Gas & 111 1st 5s '40-A&O Kings Co Ltg 1st ref 5s *54--J&J 1st ref 0%s 1954 J&J Kingston Gas & Elec 1st 5s'52_ Knoxv Gas 1st 5s '33 opt '13-A&0 Kokomo W W 5s 1958 J&D Lackawanna & Wyoming Val RR 92 90 99 100% 103 85 1st g 5a 1936 J&D Madison G & El 1st 6s 1940-A&O Gen & ref 5s 1950. M&N 56 75 \\M BuiT & Lock 1st g 5s 1938—J&J Buffalo & Niag Falls Elec Ry— Conv deb 55" 18 Unstamped ser 78 6434 1st 59" bonds 1965 serOJ&D Sec 7b 1936 D (with war)..J&J Sec 7s 196/ 70 55 , 44 30 98 1st & ref 6s 1954 —M&S Debenture 7s 1944 J&J Macon Ry & Light 1st 5s '53-J&J Madison Co (111) Light & Power— Keystone Pub Serv— 20 sec Sec 7s 1952 J&J 16 International Railway (Buffalo— 83 63 46 15 Guar Trust certif of deposit.. Interborough J&D J&D J&J 1st 1 & ref 6s 1951 ser B f 6s '30 A M&S Coll tr 94 M&N Key Tel 1st — Indianapolis Water— 1st At ref. g 92% 82% Mad Rlv Pr 1st 5s *35 gn op_F&A Manhattan El con 4s g '90-.A&O 2d gold 4a 2013 J&D 1st M 5s 1969 ser I Keokuk Elec 6s 1945 92 42 40 92 1st M 5s 1961 series G—F&a 91% 35 25 f 7s 1948 Luzerne Oo (Pa) Gas & Elec— 1st ref&imp g 5s*48 op'13 A&O s 95 1st M6Hs Sept '48 ser D M&N 1st M 5%s 1955ser F A&O — 98 27 f g 6%s 1944 1st M Kentucky Utilities Co— — 91% 27% Luneburg Pow L & W W 89 1 st M 6s 1957 ser B ; .M&N I 1st & ref. 6s 1947 ser Oi—F&A Kentucky Fuel Gas Corp— 1st 6lis 1942 with warr..J&D Conv s f deb 0%s 1938---J&D K'y Hydro Elec Co 1st 6s '49 J&D Kentucky Power & Light Oo— 1st m 5 %s 1948 ser B M&8 Kentucky Traction & Terminal— 1st & ref gu 5s '51 opt '14-F&A Lexington Ry 1st 5s 1949.J&D Indlanap Nor—See Un Tr of Ind Indianapolis & Northwest Trac— 1st g 6* 1923 ext to 1933..M&S / Indianapolis Power & Light— 1st M 5s 1957 ser A J&J s 98% 92% 100 Madison Rys 1st g 5s 1936-.M&N j r 1st g 5s 1932 opt.. 95 83" Deb gold 6s 2022 ser A..M&S 50 Indiana Union Traction— 1st g 5s July 1 *33 op '08.A&O Indiana Nor 1st g 5s 1933.A&0 2 SO 1st mtge 4%s 1980 J&D Kansas Pow 1st 5s 1947 M&S Kansas Power & Light < Jo— 1st M 6s 1955 ser A M&N 90 95 unstmpd-.A&O F&A 1936 1st M 5s 1951 Kansas Gas & Electric— 95 100 Ry & Lt 1st 5s '4 3._J&J Service Corp— 1st & ref M 5s Jan 11950—J&J 96% Louisville Ry 2d 4%s 1940. .M&S Gen M 5s I960.. F&A Lower Austrian Hydro-Elec— 1st 1st mtge 434s 80 93 Indiana & S W Gas & Util— 18 1957 ser B..J&J 1st M4Ms 1961 F&A Kansas City Pub Ser 6s 1951 J&J Kansas Elec Pow 6s 1937—J&D w 75 88 f g 6s 1940 1st M 6s 1942 F&A Kansas City Power & Light—■ 85% 90 75 86% a 67 1st & ref 5s 40 84 85% 1st & ref 434s 1961 ser O.F&A Deb a f 6s 1937 aer A A&O Louisv Ltg 6s '63 94 15 59 77 1st & ref 22" 92 57 75 1st mtge 5s 1957 J Louisville Gas & Elec Oo (Ky) 1st & ref 6s 1952 ser A M&N 19" J Los Angeles Ry 6s 1938 -A Louisiana Pow & Light Oo— Kanawha ValTr 1st M5s '46.J&J Kansas City Gas 1st 5s '46--F&A 1% 35 M&S Ind Nat Indiana Indiana Indiana 31 Elec Oo— 1st M 6s 1943 Indiana & Mich El 5s 1957..F&A , 54% 30 Ask Los Ang Pac Oo—See Pac EIRy Los Ang & Pasad—See Pac El " Los Angeles Railway Oorp— 25 Kanawha Trac & Elec Co— % Electric Corp— 1st M 6s 1947 series A—M&N 1st M 6%s 1953 series B..F&A . 70 48% Gen & ref g 5s '26 op' 11..M&N Indiana 52% ; Bid Bonds. 23% J&D 1st & ref 5s 1932-19<J5 J&J Jersey Central Pow & Lt Corp— 1st & ref 5s 194.7 ser B —F&A 1st M 4%s 1961 ser C J&D Jer City Hob & Pat—See 1* S Corp Johnstown (Pa) Trac 5s *43—J&J Johnst Pass Ry 4s 1931--J&D JopJIn W W 1st 5s 1957...-M&S „ 68 Bridge Corp— 195S-. J&J 1st sink fund 0%s Deb g 7s 1943 1st 6s 1944 J&D Illinois Valley Ry 1st 5s '35-M&S Indiana Columbus & E Trac— f 7s 1952 77 Ask. . 69 1st 7s 1936— , s 25-yr * f 5 %• 1953 ser A—M&S Italian Superpower Corp— Deb 6« '63 (without warr). .J&J iackson Cons Tr—See Mich E.Ry Jackson (Mich) Gas 5s g'37_ A&O Iacksonv (Fla) Gas s f 6s *42 J&D Jacksonville Trac lBt 5s '31-M&S / 72 Illinois Water Service Co— 1st mtge 5s 1952 series &—J&.T Indiana Central Telep Co— Bid, (Italy M&N siand Gas & Electric— 95 78 70 .. BONDS where marked "1" end income end defaulted bends. Bonds. 99 92 1st & ref 6s 1953 series A__A&0 1st & ref 5%s 1954 ser B—J&D Illinois Power lot 5s 1933—J&D wxeept Isarco Hydro-Elec Oo 1st & ref 5s 1956 ser C ri "inrt Interest" «nrs 80 92% 93 82 85 83% 72% 75 60 63 6S 63 85 Bdge Co— M&S 15 NOTICES.—AH bond orica* are "and Bid Bonds. interest" except wber* Ask BONDS UTILITY PUBLIC 78 but Bonds. Mobile Gas Imp & ref 7s '51-J&D Mob Lt & RR 1st g 6s '37—J&D N Y Municipal Ry 5s 1966---J&J N Y Power & Light Corp— —M&S 1st mtgo 4%s 1967 A&O N Y & Queens Gas 1st 5s '34 F&A N Y & Queens Co Ry 4s '46-A&0 Cons g 5s 1941 Monmouth Cons Wat 5s '56-J&D Monongahela Light & Pow Co-— 1st M 5s 1949 -,rrf&D Monengahela St Ry—See Phil Co Monongahela Valley Traction— 1st M g 5s 42 opt '22 J&D Monongahela Valley Water— 1st M 5I960 series A—J&J Monongahela West Penn Pub Ser 1st lien & ref 5 %» ser B '53 F&A Montana-Dakota Power Co—• 1st m 5%a 1934 —J&J 75 98 70, 81 101 80 18—J&J —J&D 5%s 1957-M&N 1st & ref s f 5s '43 op Deb g 5s 1962 ser A Montreal Isl Pow Montreal Lt flt & Pow 1st ref & coll tr 5s 75 91H 72 94 - Second Av recei* ctfs 1914 Sixth Av RR pur M 5s '65-J&J 90 63% 70" 62 91% 73 78 76 81 1st M 6s 1935 ser A——M&N Municipal Serv coll 6s 1956-F&A Muskogee Elec Tr 5s 1934--M&N f Mutual Telep (Pa) 1st 5s '45. A&O Narragansett Elec Co— 1st M 5s 1957 ser A —J&J Nashville Railway & Llgnt— Cons g 5s 1953 opt 1908—J&J Ref & ext gold 5s 1958 J&J McGavock & Mt Vernon— 2d series 6s July 1937—J&J Nashville Gas & Heating Co1st M gold 5» 1937 guar—M&N Nassau El RR—See Bklyn R T Nassau & Suff Ltg 5s 1945--F&A Nat Elec Pow Co deb 5s 1978 J&J Nat Pow & L deb 6s 2026 A-F&A Deb 5s 2030 ser B —M&N Nat Public Service Corp— Debenture gold 5s 19 <8—F&A Nat Toll Bridge 6s 1939 - J&J Nebraska Pow 1st 4%s 1981-J&D Deb 6s 2022 —M&S 90 95 58 60 1956—A&O 1941 J&J Newark Gas 6s Apr 1 1944—Q-J Newark Cons Gas con 5s 48_J&D New Bedford Gas & Edison Light Debs 6s July 3% notes June 15 1932—J&D15 (Can) Pow Co— 1937 M&S New Castle (City of) W 5s'41 J&D 8 f 5s 1932 — -J&D New England G & E Association Deb g 5s 1947 M&S Conv deb 6s 1948 -J&D Oonv deb 5s 1950 M&N New Eng Pow Assn 5s 1948.A&O Deb 5Mb 1954 J&D 99% 1st —- 90" 93 H 93 89 98 93 99 5% notes Dec 1932 J&D New Eng Pow 1st 5s 1951—J&J New Eng Tel & Tel— 99 1 1932A&O series A -J&D 1st 4%s 1961 ser B M&N New Hampshire Pow 6s Dec.1943 N J & Hud Riv Ry & Ferry— 1st gold 4s 1950 opt N J Pow & Lt 1st 4%s New Jersey W ater 95 F&A, Electric— 1 Consol & refg 5s 1933 J&J New Mexico Power— 1st M 5s 1958 --J&J New Milford Pow 1st 5s '32-F&A New Orleans Pub Service Co— 1st & ref 5a 1952 series A—A&O 1st & ref 5s 1955 series B—J&D 24% M 71H 61H 25 90 X 90 74 4Hs 1935-——-----J&J Inc 6s Nov 1949 ser A—J&D New Orleans Ry & Light Co— Canal & Claib 1st 6s '46—M&N NOCy RR—Gen g 5s '43-J&J N O Oy & Lake 5s 1943—J&J NO&Carroll con 6s Feb'33-J&J N O Pow House Co 5s '41-J&J St Charles St 1st g 4s '52—J&J Newp News & Haxnp Ry G & E— 1st & ref 5s 1944 J&J Newp News & Old Pt Ry & El Nov 1 1938 M&N Gen g 5s Afar 1 1941—_M&8 New Rochelle Wat 5%s '51-M&N N Y Cent Elec 1st 5 %s'50. M&S New York Edison Co— 1st lien & ref 6%s 1941—A&O 1st 1 & ref 5s ser B 1944—A&O 1st 1 & ref 5s 1951 ser C—A&O N Y Gas Elec L H & P Colit g 5s Dec 1 1948 J&D Pur mon coll tr 4s 1949—F&A Ed El 111. N Y. con g 5s '96 J&J Equitable Gas 5s 1932—M&S New Amster Gas.5s 1948—J&J NY&ER Gas 1st g 5s '44—J&J Con 5s 1945 —J&J NY&Westch Ltg 4s 2004—J&J Deb g 5s 1954 op guar.-J&J 1st g 5s f This price includes 95 92 66H 1st M & ref 7%s '46 ser Oonv 1st & ref 5sl954 99 104% 68 71 1st & ref 5s Salisb & 5%a 1948 Id" 62 96 98" .A&O Omaha & Council Bluffs 8t Ry— Ext 6s 1936 J&J Ontario Pow 6s '43 op to '13.F&A Ontario Power Serv Corp— 94^; 84 i,—* IN 97 58 y2 53 00 1st M & lien 5%s 94 88 79 99% f 85 87 98 101 lly' 101% 97% 39 72 83 89 66 68 38% 99 76 75 77 75 65 76 % 66 76 103 87 89 90 92% 98% 96 % 90 75*" 83 85 92 95 75 85 80 83 109 % 109% 101 103 100 100% 101 % 106% 91% 92% 112% 104 81 83 95 98 95% 93 92 99% 29% 29% 31 1946 M&S North El Co & Nor Pap Mills— ..M&N 1st M 5s 1934-1947 91 93 ref 5%s 31 67 53 85 90 London, Serv M&8 86 88 69" 73% 94 95 88 93 90" 92" M&8 n Pacific Teleph & Telegraph— 1st & col tr s f g 5s 1937—J&J 2 Ref M 5 s 1952 series A—M&N 93 80 83" 94% 94% 84 86 96 98 94 96 87 88 98 100 82 84 95% 104 84 89% 85% 90% 8 11 85 90 81 87 81 87 34 A&O El Ry Pub Serv Corp Paterson & Passaic Gas & Electric consol gold 5s 1949 M&S Pawtucket Gas 4s 1932 M&N Pecos Valley Power & Light Co. 1st m 6 Hb 1937 ser A M&N Parr Shoals Pow 5s 1952 96% 89% 89 90 100 18 16 s 86 101H 100H 87 Pasa & Mt Lowe—See Pac 34% Deb 7s 1942 Peninsular Tel Co 1st J&J 5>^s '51 J&J Light & Power Co— 1st & ref 4Hs 1977 M&N Penn-Ohio Edison Co— Deb g 6s 1950 ser A__—M&N 98H 87 74^ 71 Without warrants Deb 5Hb 1959 ser B F&A Pennsylvania Electric Co— 1st & ref 5s 1954 ser D J&D 1st & ref 4s 1971 ser F— M&N 3H% notes Aug 1 1932 — F&A Pennsylvania Gas & Elec Corp— Deb gold 6s 1976 ser A—M&S Pennsylvania Gas & Elec Co— 1st 1 & ref 5 Ho '55 ser A—M&S 1st lien & ref 5s 1958—M&S Canadian price. 64 95 40 63 —-J&D Deb 6s 1940 Pennsylvania-Ohio Pow & Lt— 1st & ref 5H« "64 ser A—J&J Penna Pow Co 1st 5s 1956—J&J Pennsylvania Pow & Light Co— 1st M 4Hs 1981 —A&O Pennsylvania State Water Corp—1st lien 5H« 1952 series A-M&S Penn Tel 5s 1960 ser O.------Penn "Water & Power s f 5s 40J&J 1st ref 4H» 1968 ser B M&S 36% r 98 Penn Centra I 38 Nominal. 102 88% Paterson Ry—See 85 94% 101% 104% 94 77 Pacific Public Service Co— 5-year 5% notes 1936 91 100% 101% 101% Pacific Power & Light Co— 1st M 6s 1955 F&A 50 B I960.-J&J 1st & ref 5s 1966 ser C M&N 1st & ref 5s 1969 ser D M&S lst&ref m 4%a 1970 serE.J&D North Ind Gas & El 6s '52.-M&N Northern Indiana Ry— 1st M 5s 1960 Northern N Y Utilities Inc— 1st M & ref 5s 1963 J&J 1st lien & ref 7a 1946 A M&N 1st lien & ref 6s 1947 B.-.M&N 1st 1 & ref 6s 1943 G M&N 1st 1 & ref 5Hs ser D '49..J&D 1st 1 & ref 5s 1955 ser E..J&D Watertown L & P 5s 1959-J&J Northern Ohio Pow & Lt— Gen & ref 5%a 1951 M&S Northern Ohio Telep Co— 1st s f 5%s 1957 ser A F&A Northern Ohio Trac & Light— 1st consol gold 5s 1933...J&J 1st consol gold 4s 1933--.J&J 1st lien & ref 5s 1956 F&A Gen & ref 6s 1947 ser A___M&S Northern Penna Power Co— 1st & ref 5s 1956 ser A—J&D Northern States Power Co— 1st & ref 5s 1941 —A&O 1st & ref 6s 1941 ser B—A&O Refunding 4%s 1961 A&O 5%% notes 1940 —J&D Northern Texas Elec Co— Coll tr s f g 5s 1940 opt—J&J Northern Texas Traction Co— 1st g 5s 1933 opt 1913- —-J&J Northern Texas Utilities Co— 1st s f 7s '35 with war J&J Without warrants Northern Utilities Co— 1st lien s f 6s 1943 ser A„M&N S f deb 6%s 1943 M&N 69 78 76 90% Guaranteed Pacific Northwest Pub Oonv deb 6s 1950 Northern Elec Co Ltd—See Misc. I In -J&J 61 Pacific Co— '43--M&S Pacific Gas & El ref 5s '42—J&J 1st & mf M 6s 1941 ser B..J&D 1st & ref 5H® 1952 ser CLJ&D 1st & ref 5* 1955 ser D J&D 1*; & ref 41957 ser E__J&D 1st & ret 4Hs '60 ser F J&D Pacific Light & Power Corp— Pac L & P Co 1st 5s 1942.J&J 101 Last sale. 78 L A Pa R R Cal 5s 75 '15. J&p Northeastern Public Service— 1st 1 & coll 5%s 1961 Gen'l 1 & coll 5%s 1961 Northern Conn Power Co— * 93 76 r Water Co— s Los Angeles 94 1st & cons s f 5s '48 op accruea interest*. 91 J&J 5s 1946 ser E 1st ref g 4s 1950 opt *15. 1st & ref 5Ha ser 65 98 59 A&O (Minn)' 1970 Pacific Elec Ry g 5s 1942 Northern lnd Pub Serv— 98 91 95 f 5Hs Ozark Power & 70 1st & 90 Gen M North Shore Electric Co— 1st '65.T&D A&O • Otter Tail Power Co 96 '20—A&O 55 71H f 5s 1952— M&S Pac fic Coast Power 5s 1940.M&S 82 37% 75 Ottawa Valley Power Co— 1st gold 5s 1937 opt.. F&A North Calif Pow 5s 1932...J&D 100% 88 M&S Ottawa Trac 1 st 5H» July 96 North Shore Gas Co of Illinois— 96 90 Ottawa L H & Power— Ref & coll tr 5s 1957 ser A. A&O 100 65 1957—M&N 53% 58% 55 -J&J '16.-M&N Extl sink fund 5s 1963 15 94 80 A. 61 24H Oregon Elec Ry 5s '33 opt. .M&N Oregon-Washington Water Serv— 1st M 5s 1957 series A J&D Oslo Gas & El Works (Norway)— 80 5 Corp— 57% 100% f 5%s 1950 1st M 60 68 Orange & Pas Val R—See P S Corp Orange & Rockland Elec Co— 1st m 5» 1958 ..F&A 51 North Jer St Ry—See P S Corp North Penn Gas Co— 1st & ref g 5s '40 op s 23 - 1st gu g 5s '45 op bef 100 77% 77 (Hcboken. N J) 5s 1938.-A&O 53 57% 58 1948 ser Ontario Transmission Co Ltd— North Hudson Lt H & P Co 52 X m 1st sf6s 1947 85 A&O ser B ser 45 46 — Spencer 5s 1945.M&N 1st coll & ref F&A 5s 1948 in 80 - 62 91 J&J North Continent Utilities J&D 36H 1st i 9J W & Elec Corp— ser \ ..M&N 1956 29 —-J&J Electric— 80 H 1st North Carolina Pub Serv Co— 98 % 66 A——F&A Oklahoma Ry 1st & ref 5s '41-J&J Old Dominion Pow 5s May 15 '51 Omaha & Coun Bluffs Ry & Br 50 6s 1938 1st & ref 5s 1934 opt 97H 99"" 1st M 5s 1950 M&S Debenture gold 6s 1940 M&S Oklahoma Gas Util 6%s 1934 Okla Natural Gas 6» 1946 A-.J&J 97 82% 5%% notes Dec. 1 1932—J&D i65% M&S D ser 1st 6%s 1943 (with wax) Oklahoma Gas & 77 North Boston Ltg. Properties— 106 86% 100 H 101 90H A_A&O Ohio Water 6s June 1933. 1st %% notes 1932—A&O A&O A&O A&O 5% notes 1936 A&O sec IOO HO / Ohio State Telep 5s 1944 J&J Ohio Val Elec Ry 1st M 5a '46J&D Ohio Valley Gaa Corp— 105 % 86 89 1957 ser A__M&S North Amer W 68 83 1 83% Serial 5% notes 1933 Serial 5% notes 1934 Serial 5% notes 1935- 80 1 1st & ref 7s 1947 ser B F&A 1st & ref 6s 1953 series O.M&S 7% i Serial 4 Serial 10 97 Oklahoma Power & Water North Amer Light & Power Co— S f deb 5%s 1956 ser S J&J 35 91 75 5 D.J&D J&D Deb g 6s 2024- 93% Ohio Public Service Co— if* 91 Deb 5%a 1963 ser B...F&A15 Deb 5b Nov 15 '69 ser C M&N15 26 94% 92% 72 Ohio L & Pow 1st os 1944 Ohio Pow 1st & ref 5s 1952 B J&J 80% 104 % F&A Deb 5s 1961 Conv deb 5s col tr 5%s 1953 »er_A J&J 1st 5s 1957 A&O m . — o Basis, §5" 98 Co. 62 M _ Gen M 55 96 F&A Ohio Elec Pow 1st M 5s 1957 J&D Ohio-Kentucky Gas Co— 1st ■ f 6%s 1943 ser A J&D 1942 1st. 91 76 S Norf & Ports Bdge 7s 1942 Norf & Ports Tr—See Va Ry & P Norf Ry & Lt 1st 5s 1949.-M&N Norfolk St 1st g 5s 1944--J&J 97 22 36 *60—A&O Ohio Edison North American Edison Co— Co— 1st M 5s 1950 New Ijondon Gas & 54 50" 94 Niagara Lockport & Ont Power— 1st & ref 5s 1955 series A.A&O 100 _ 5s gold Oct 1st 5s 1952 17 60 io~" 102 M&N 73 93 5 Niagara Falls Power— 1st & cons 6s ser AA '50--M&N 102 71 J&J A 1957 12 7s 9434 1st M 5s 1951 95% 95% 1st M 5s 1956 Chester Ltg. N Y & Suburban Gas—See West 99 % 99% N Y Tel 1st 4%s '39 tax ex.M&N North American ser 57 1% 94" Nippon Elec Pow Ltd (Japan)— 1st uitge 6%s 1953 J&J 94% 5s m 92 i* M&N —M&N M&N 41 38 --MAN 79 1st con 6%s 1962; _M&N Certificates of deposit N Y Water Service Corp— 1st M 5s 1951 ser A 40 33 Co Ltd— 6s '60 serA.J&J Ogden Gas 5s 1945 89 J&J M&S 4%s 1980 49 Ohio Cent Telep 1st 6s *47—J&J Ohio Cities Water Corp— 3 96 A&O N Y Steam 6s 1947 Power conv 1st & consol 5s 1960 New York State Rys— 1st con g 4%s *62 op *13--M&N Certificates of deposit New Brunswick 1st M 6s m f m s 1st & ref 4%$ 1956 ser 1st m 5%s 1962— 1st m 6s 1952 96% 47 M&S '45--A&O 22" — N Y State El & Gas Co— 75 3 Nev Calif Elec 1st 5s 3% 91% 84 62 27 95% 1st M s f 5s 1958 ser A— -J&D Oberpfalz Elec 7s 1946 Ocean City Costal Higliw Bdge— M&N 65 27 f 7s 1952 2% 1% A__M&N 82% 1 s 25" 15"' - 26 Deb 1% 12" J&J Ry 5s 1962 1st ref M 6s 1951 ser 1st ref 6s 1952 6%s '57-J&D ——J&D Mt Wash St Ry—See Phila Co Muncie El L 1st 5s '32 op 12-J&J M & U O Tr Co—See Un Tr of Ind Muncie W W 5s Oct 2 1939-A&O Municipal Gas Co (Texas)— Mt Hope Bdge 1st 50" N Y & Richmond Gas Co— Telep 5s 1938-J&J Mountain States Power Co— 1st & ref 5s 1938 ---J&J 1st M 6s 1938 series B J&J St 20 Northwestern Pub Serv Co— -- 35 34th St Crosst 1st 5s *96--A&O 23d Ask. Northw Teleg—See W U Teleg Nova Scotia Light & Power Co— Third Ave—See under "T" 1970 serB M&S Montreal Lt Ht & Pow Co— Gold 5s 1933 opt 1913 A&O Mount Home 2% % 1 '50-J&J Bway & 7th Av cons 5s '43 J&D Certificates of deposit Col & 9th Ave 1st 5s '93—M&S Lex Ave & P Fy 1st 5s '93 M&S / 1st ref col & sf 5s Montreal Pub Service Corp— 1st & ref 5s 1942 M&S Montreal Tramways— 1st & ref g 5s 1941 opt-—-J&J Gen & ref 5s 1955 series A-A&O Gen & ref 5s 1955 ser B_—A&O Gen & ref sf 4^s '55 ser O A&O Gen & ref s f 5s 1955 ser D_ A&O Morn side El St Ry—See Phila, Co 43% Bleeck St & F F 1st 4s 88H 1st 43% Adj Inc g os Jan 1942 A&O Bankers Trust ctfs of depofl. 67 ,76 % 45 1st 64 Consol— 1951—A&O Northwestern 42% 1% Railways— 71M Power— Montana 87 % 1st rntge 5a 1941 opt Union El (Loop) 5s g 1st R E & ref 4s '42 op 'J6.J&J Guar trust ctfs of deposit— 85 Northwest Louisiana Gas— 1st M 61933 with warr_J&D Northwest Elec 1st 6s 1935-M&N Northwestern Elevated (Chic)—■ 1965-Apr Adj income 6s Jan 1 New York bia Bonds Alt 87% Stein way Ry 1st 6s 1922—J&J New York Rys Corp— Prior Jlen 6s 1965 ser A—J&J 75 and income and defaulted borai* marked s Sale price. 97 95 86 H 62 H 90 89" 93 UTILITY PUBLIC ttOTin*. Ail bond prices Bid. Sonde. Pensacola El Co 1st 5s '31 ._F&A Peoples Gas (N J) 1st 5s '68-J&D People's G L & Coke, Chicago— 1st cons g 6s 1943 A&O Refunding gold 5s 1947—M&S 1st & ret 4s 1981 —-J&J 334% notes 8erlal 414% Serial 434% Serial 434% Serial 434% July 30 1932 notes 1933 F&A notes 1934 F&A notes 1935 F&A notes 1936 F&A Chic G L & C 1st 5s 1937--J&J Oonsum Gas 1st g 5s *30—J&D lnd Nat G&O g 5b '36 gu_M&N Mutual Fuel Gas g 5s '47 M&N Peoples Light & Power Corp— 1st Hon 534s 1941 J&J Conv deb 5s 1979 J&J People'B Traction—See Phlla R T - Peoria Bloom & Champ 1st gold guar 5s 1936 Peoria W W Co pr 1 5s 1st con 4s 1948--- Trac— M&N ar« Ask. 83" 10634 9734 95 92 88 92 85 90 9934 74 77 70 106 85 55" 62 33 99 1st & 77 82 25 35 Ft Pitt Trac 1st 5s 1935—J&D Mlllv Et & Sh 5s 1923 M&N Morn'slde El St Ry 5s '35 A&O Mount Washington St Ry— let & coll tr gu 5b 1933-A&0 Pitts Alleg & M gen 5s '30 A&O 1st M 534® 1948 Secured conv 6a 9534 35" 40 60 80" 90 95 93 A&O 60 70 1927-— A&O 60 20 30~" 25 35 60 25 28" 20 30 10134 Rhine-Ruhr Wat Extl deb 6® 102 92 Direct Philadelphia Elec Power Co— 1st mtge 5Hb 1972 F&A 10334 Philadelphia Rapid Transit— Ooll tr g 5s 1957 opt s f—F&A 8 f guar As *62 opt 17 M&S 6s geld 1963 M&S Intmrefi" 1044 J&J Eq 534s 1932-1933 Darby Media & Ohes St Ry 1st 4Hs *36 opt "16 gu—J&J Hest Mantua & Falrm 6Ha '34 ... Street Market Elev P&S3 8erv 2534 9034 7% 10434 60 People's Traction Co— P P Ry tr ctfs 4a '43 -F&A W Phlla Pass 2d 6s 1920— Ext at 534% to 1956-M&N Phlla Subur-Oountlea Gas & Elec 1st & ref 434s 1957 M&N 6l" 75 90 98 1st M 5s M&N A&O —-M&N 1969 5s 1st M 434s 1970 —A&O Phlla & W Ohes Tr 4h 1964—J&J 5 94 97" 8234 8834 80 87 Deb 98 50 60 23 V-K 9t> 87 86 90 22 30 Rochester 5934 61 102 PMcK & Oon—See W Penn Rys Pittsburgh Suburban Water Serv 1st 1 & ref 5s 1958 M&S PlttBbuigh Trac—See Phlla Co Pittsburgh Rys—See Phlla Co Piattaburg G & El 1st 5s 1939—— 58 64 3334 uo— 1st & ref 4 34s 1960 M&S 4% notes Jan 1 1933 J&J Portland (Ore) Gas & Coke— 1st & ret g 5s *40 opt '20—J&J lstl'n & gen 434® 1«40—-J&J Portland Gas 1st 5s 1951-F&A Portland (Me) RR 3.Ws 1951-J&J 1st 1 & con m 5s 1945—M&N 70 80 68 95 8634 8834 -J&D Postal Teleg & Cable 5u *53—J&J 73" 1st mtge 5s 1966 ser E _M&N 1st M 434® 1961 series F—A&O Potomac El Pow Cons M g 5s 1936 guar--J&J 2134 22 80 Gen lien & ref 6s 1953 A&O Power Corp of Canada Ltd— Conv deb 434s 1959 Ser B-M&S Power Corp of N Y— 54 634s 1942 Ser A.M&N 1st M s f 6s 1942 Ser B—M&N Deb gold 534 s 1947 M&N 92 M Power Gas & Water 8ec Corp Ooll tr 5s 1948 with warr-M&N Power Secur coll tr 6s *49—J&D 1949 F&A Providence Gas Co 1st 534* 1942 Prussian Elec 6s 1954 Public Elec L Co & (St Albans. Vt) June 1st 534s 1956 A&O Public Service Co of Colorado— lit & ref 6s 1953 series A—M&S Ist&ref 534s'54 series B.M&S Deb 6s 1946 M&N Public Service Co of N H— 62 20 o 10634 58 70"" 22 70 72 65 70 105 102 2034 70 2334 75 9234 9834 98 80" 80 8134 1st & ref 5s 1956 ser A__M&N 88 1st & ref. 434® 1957 ser B.A&O Public Service Co of Nor 111— 81 85" 1st & ref g 5s 1956 op '21--A&O 1st & ref 5s 1966 series O-M&N b Basis, f This price includes accrued interest, fished on Montreal and Toronto Exchanges. / k Last aale. I In London, J&D n 9<jr A— ser 86" 18 2134 Pctan 1950 88 ja-i 85" 72 olF&A ser 85 80 E&.A 90 83 M&iS B_ 74 1943..Ij&D 85 M&N 67 1957 67 J&j o2— 98 9734 9934 93 95 100 94 7534 Corp. aer A. J&J 80 ^nc& fscf* 1960 ae* b-j&j 80 85 85 F&A S T^iaBK ^I'T0]49 1938 97 90 69 96 34 Oonv 6s Dec 15 1932—J&D16 8outh Carolina Power Co— 1st lien & ref 5s Water 85 90 A—M&S 35 40 7434 75 Southeast P&L deb 6s 2025 -M&S Southeastern Gas & Water Co 1st lien 6s 1944 J&D Southern Bell Telep & Teleg— let s f g 5s 1941 opt 1916 -J&J Sou B vard—See Third Ave Ry Southern California Edison— Gen g 5s Nov 1939 opt—_ J&J ei I? 6s 1944 F&A Refunding 5s 1951.. J&J Refunding 5a 1952 M&S Refunding 5s 1954 J&D Southern California Gas Corp Collateral trust 5s 1937--M&M 17 20 101 101 10134 > 10234 d 2034 24 34 86 89 82 90 85 .i 92 91 & Light South Oa! Gas C° 6s I960 1st & ref 6s 1958 series O 1st & ref 534s 1952 Ber 45 79 88 88 90 92" 9634 92 98 95 95 M&S South Calif Telep 1st M 5s 1947 Southern Canada Pr Oo Ltd 1st M 5s 1955 ser A A&O Southern Cities Pub Serv Co Oonv deb 6s 1949 M&N Southern Oitieo Utllltlea Co— 1st lien & coll 5s 1958 A&O S f deb 6a 1958 aer A..—F&a Southern Colorado Power Co— Ist M 60 55 8 f deb 82 83 79 85 83 99 95 98 88 s 72" 8434 8234 98 9134 95 1734 19 20 22 19 22 89 84 87 634® 1936 ser M&N 80 81 A—A&O 65 75 Utilities, Inc— 1st M a f 634a 1939 aer A.M&S Southern Natural Gas 50 53 f 0s 1944 with warr 37 39 Corp— 1st s Without South N E J&J privilege Telep 1st 5s 1948-J&D Deb g 58 1970 So Ohio Elec 6s 1955 J&D .—J&D 1st g 5 34 a,1959 aer D J&J Sou Pub Utll lat 6h 1943---.J&J Southern Trac—See Phlla 36 10234 102 92 86 IstM 5s 1961 —.A&O Southwestern Bell Telep— 1st & ref M 5s 1954 ser A. F&A Southwestern Gas & Elec Oo— 1st mtge 5s 1957 ser A J&J 5 Sale price, 94 88 97 25 30 Oo. Southern United Gaa Oo— 1st lien 6s 1937 with warr A&O Southern Wise Pow 5s 1938 .A&O Southwestern Assoc Telep Co— Canadian price. 40 104 104 95 10034 69 65 r 99"" 9534 M&N — Nominal, 8734 (Oaflf) 434s 1968 Southern Gaa R T. 9634 9634 9634 8534 J&j Southern Gas Oo— 1st 6 34a 1935 ex-warr — 96 M&S 1st g 6s 1947 series A Southern Counties Gas 9 9634 9534 Im&N J&D B..M&S 1st & ref 5s 1957 1st & ref 434s 1961 100 98 103 10134 ervlce. Salisbury & Spencer—See No Car o Pub S Salmon Riv Pow gu 5a '52 op F&A 103 97 Salt Lake Term 6s 1935 41 J&D 35 Salt River Val Water Users Assn 6« 1938 75 F&A 70 Stewart Mt Power 534® June *« 1932-1958 70 _...A&C 60 San Angelo Telep 1st 5s 1958 F&A 75 68 San Antonio Public Service— 1st ref 6s 1952 series A 99 J&J 86 434 % notes 1932 83" J&J Sioux City Serv 6s 1951—IIJ&j Somerset Un & Middlesex Ltg— Mtge g 4a Dec 1 w J&J 1st g 5s 1939 opt 1914 M&8 lat & ref 5a 1947 ser B„_M&« 95 90 f 6lis *4.fiFA-a South Ferry—See N Y Rys South Jer G E & T—See Pub Sbtt South Pittsburgh 1 1st s f 634s Oct 15 '47-A&016 1st & ref 6s 1958 ser B J&J San Antonio Tr 1st 5s '49-M&3 San Antonio G & E 5s 1949-M&S San Diego Oonsol Gas & Elec— 9234 E& Oo^ 1st M 5s 1955. . 7834 o & 1st lien & ref 5s 1960 St Louis Public Service— Conv 6% notes 1933 J&J St Louis Spring! & Peoria RR— Gen & ref 6s 1952 60" 1942—M&Slh / / —- J&D 1st & ref gu g 6s '39 opt—J&D St Paul City Ry—See Twin City St Paul Gas Light— Gen gold 5s 1944 M&S 40 '32-44.J&J South Bay Consol Water— 1st ref 5s 1950 So Oar Gas & El 6a 93 „ 95 1st 5a, City Ga. III 97 St LouIs-MIbs Riv Bridge— 101 10434 B 44 4234 11334 A&O lat m 6a I960 97 St Louis Co Gas 1st 5s 1951 (Mo) Water Oo— 1st M 534® 1945 ser A J&D ser Co. (Japan)— 6*4s 1952—J&D 1949 8er'es B . }9J Gs 194£ 09 1949 43 St Louis Co 1st M 5s 1945 ec Lighting Co— 1st St Joseph Ry, Lt Heat & Powerlet g 5s Nov 1 1937-----M&E Ist&ref 5s 1946 J&J St Joseph Water 6s 1941-—A&O Potomac Edison Oe--~ Shore Sllealan Elec Corp 70 41 8t Clair County (111) Gas & El— 1st cons guar 6s 1959 M&? 8t Joseph Gas—1st 5s 1937—J&J Telep 6s 1944 66 □it Corp 634s *53 A—A&O 93 64 Sioux 92 63 78 A_..M&S Sierra & San Francisco Power— 1st g 5s 1949 opt F&A 2d M 6s 1949 series A——J&J 75 75 M&N 5634 67 6734 74 O Sierra Pacific Power Co— 1st & ref 5s I960 ser 1st ref 4348 1958 ser A M&N Rome (Ga) Ry & L 5s '46--A&C Rome (N Y) Gas. Elec Lt & P— 1st ref 5s 1940 5534 65 62 F&A Shreveport Rys 38 Telep Corp— Rutland Ry Lt & P 1st 5s'4G_M&S Safe Harbor Water Pow. Corp— 1st mtge s f 4 34s 1979 J&D St Charles St RR—-See N Orl Ry Co— aer B—M&N 1st mtge 5s 1951 33 Rumford Falls Pow 4s 1945-A&0 Gen M 434® May 1948—-M&N Pomeraula Elec. 6s 1953 1946—M&S 31 98 Ruhr Gas 90 66 ?TJV?aa ,Water & Power 50 3134 Ist&ref 5a 1946 ser B A&O 1st & ref 4*4s 1953 ser C..J&J Roch Tel Co gen 5s 1933.A&O Rockford Elec Co 1st 5s '39.M&S Rockland Light & Pow— 1st M 5s 1938.— 64 — 1st elnk fund 40 2d 5s g 1933 ctf dep.—J&D J Rochester & Syracuse tiK— 1st M conv 6a 1957——M&N f 6s uk 1 0011 trJ.X* aer D '70—A&O Sheboygani E ee-See East Wis El Shenango Val Water 5s 1956A&O Shinyetsu Elec Pow 100 93 a ser 98 85 40 1*1 col tr 4X8 '68 co) tr 5a '70 1st 22 Rochester Gas & Elec Corp— Gen M 53ia 1948 series O.M&8 Gen mtge 4 34s 1977 ser D.M&8 3% notes July 15 1932—J&J 15 Roch Ry & Lt 5s '54 opt J&J Roch Ry cons 5s sr 1930 A&O Certificates of deposit / 55 30 30 1st Mi cols f 4 Xa '67SerA A&O 30 35 69 27 1936— F&A Second Ave—See N Y Rys. Second Ave Trac—See Phlla Oo— Seneca Pow Corp 6s .... 28 27 30 85 25 1st M g 5s 1939 opt 1914—M&S Seattle Ltg 1st 5s '44 opt '10.M&S Ref g 5s 1949 opt 1914A&O 6334 25 79 90 §g « 1932.M&N 6834 T&A 1936 SSf,anwTrac l8t 09 o 74 Union— M&N 7734 7734 Seattle-Everett Traction— 68 J&J 1003* 9934 IZ.Jffl 77 m sec. notes UUb F&A 61 Pitts Alleg & Man—See Phlla Co Pitts & Charlerol—See Phlla Co Incomes 97 W W 5s 1960 J&J Rochester Central Power Corp— Deb g 6s 1963. M&S 58 :::: Water Oo— 7234 Roanoke 57 101 1st 9534 Uf Scran ton Gas & 1st & ref 5s 1967 ser aI_ F&A Scrantan Ry—1st 5s Nov '32. J&J 1st & ref 5a 1947 70 1st & refer 634* 1960 ser A A&O Rico 28 Roanoke G-L 534s 1951 F&A Roauoke Ry & El 6s 1953—F&A Piedmont & North 1st 5s 1954. J&J Pitts & Alleg Telep 1st 5s 1949— Porto 27 56" Phlla & West Ry 6s 1960 J&J Piedmont Hydro-El Co (Italy)— Portland General Elec 25 2534 71 96 87 85 . 1955. M 80 T~m. ? 40 48 Phlla Sub Water Co— 1st M 4*4s 10«7 83 75 434a 1958 M& Scranton-Spg Brook Water Serv- 69 45 98 96 95 l®t lst g 5s 1935J&J Rio Grande Valley Gas Oo— 1st M 7s 1937 ser A .A&O Riverside Trac—See Pub Ser Corn 29 __ 1st 38 1st M 6a 1957 -M&N Richmond (8 I) Lt & RR— 1st coll tr g 4s 1952 -Jet.* Rio de Janeiro Tram Lt & P- 57 70 92 Richland Public Service— 1st & ref 5s 1937 —A&O Richmond (lnd) W W Corp— 27 58 9734 9634 91 6s 1952 M&N Con m Rs 1953 with war.-F&A Cons 6s 1955 with rights.-A&O K$ 1st g gu 4s 1955. M&N Union Traction— Elec & Peo 4s tr ctfs '45- A&C 9734 96 X M&S 1938 Mtge g 7s 1950 98 Phlla & Garretsford St Ry— 1st 5s 1955 F&A a&C - 100 Rhine-Westphalia El Pr (Germ'y) 89 9734 8934 - m 94 92 ser ist m^l194? <»Pt 1919-ma* a J&D F&A A&O Corp— M&S 1953 4Kb 1967 M&N lst& ref 4s 1971 J&A 1st Hen & ref &ref7343l941 Schuylkill Trac 1st 5s 1943 97 Puget Sd El Ry 5c 1932 F&A / Quebec Power Oo 1st M & coll tr s f 5s 1968 .J&D Queens Bor Gas & El 5s '62-J&J Ref 5s 1955 M&S Ref 434s 1958 M&S Oonv g deb 6 34® 62 ser A.A&O Railway & IJght Sec os var Rap Tr 8t Ry—See Pub Ser Corp Reading Trac 6s 1933 J&J 60 85 Plttsb West End Trac con 5s '38-J&J Phlla Elect 1st 5s 19e6 A&O 1st M 4s 1936 -A&O 101 &ft 1910 JAL a.-a&c 1st & ref 6s 1945 ser B___A&C Savannah Elec Co 5s g '52. J&.1 ~*yre (Pa) Elec 5s 2947 A&C Schenectady Railway co— 81 - 60 Brownsv Ave 5s 1926--F&A Pitts & Obarlerol 5s '32—M&3S 5s '50 A&O 2d Ave Tr 1st 5s 1934 J&D Gold 5a July 1933 J&J United Trac 5s 1997 ctfB__J&J 35 1st & ref 434s 1950 ser D-J&D Pitta & Blrm Traction— So Trac 1st & coll tr g 43 lBt col tr conv 634« 1948—A&O Puget Sound Power Oo— 1st g gu 6s 1933 opt -J&D Puget Sound Power & Light— kBt & ref 5*48 1949 J&D 1st & ref 5s 1950 ser O— M&N 60 75 ref 434s 1967 1st & ref 4V4» 1970 1st ref 4s 1971 Public Utilities Consol 60 25 98 1st 9 Oo Ltd— 1st s f 5s 1955 ser a ;a&C Savannah Elec & Power oo— 100" 49 Public Service Elec & Gas Oo— 85 9534 Sauda „ Ry 5s'55 J&D Nor Jer St Ry 4s 1948—M&N Of & Pass Vaf 1st 5s '38—J&D Patarson Ry— 2d 6s '14 est 5% to *44-A&C Riverside Trac 5s 1960—J&C So Jersey Gas El & Trac— Guar g 5s Mar 1 1953—M&b Ry. 9934 9934 Joaquiu Light & Power— ^HtJ*?.19i5 Falls * 81 Elizabeth & Trent 6s "62-A&C J O Hob & Pat 4s 1949. -M&N 65 84 Central Trac 1st 5s 1929--J&J Sau 34 45 50 107 87 61 El Not callable San Francisco Bay Toll Bridge— 1st m sink fund 634s "57.m&p If 47 Deb s f 7s 1942 6 jv4&p / San Joaquin Lt & Power Corp— Unit & ref 6s 1952 ser B_.M&S 104X Unif <sc ref 5a 1957 ser d...J&. 92 60 100 P S Newark Term J&D Alieg Belle & Per 5s 193S-A&0 Ardmore Street 5s 1953--A&O DuquesneLt lEtM434s'07AAO 1st M 434s 1957 M&S Duquesne Trac lBt 5s *30--J&J Fed St & P V 5s May 1 '42-J&J 68 1st 6s 1933—J&D Philadelphia Company— Pitts Trac 1st 6s 9234 Ells Plainf & Cent Jersey Ry 1st g 5s Dec 1 1950— ..J&C 90 Rys 5s 1953 9034 F&A Cons Trac 3534 86 m&N 93 1932 5s 100 91 60 f 5s 1955 Sandusky Bay Bdgelst6 34 s *42 j & J Sand Frem & So ry—See Lake Sh San FranG & e434e 1933—m&n Camden Sub 1st 5s 19404.J&* 9634 91 3434 m a 7834 76 1st mtge 5s 1951 ser C_—-M&S First mtge 5s 1957 ser D.M iN Public Service Corp of N J— Trust certs 6% perpec—M.&, 9534 88 95 1st 80 7434 75 90 Debenture 79 9734 97 X 76 Did Diego Water Supply oo— 4% notes July 30 1932--Public Service Co of Oklahoma— 9834 90 Secured gold 5s 1967 Bonds. Ask. San ittb re!4X* 1978 ser D.M&N 1st & ref 434s 1980 ser E—J&J 1st & ref 4 34s 1981 ser F—A&O 112 75 M&N M&N M&N F&A Bid. Bonds. 86" 79 BONDS where marked "t" and Income and defaulted bonds. except Pub Service Co of Nor 111 (Con)— '48—M&N 1st con 5s 1948 Deb 4s 1950-1st & ref 5s 1950 "and interest" z 101 69 5* 69 Minimum price estah- PUBLIC 80 OfOTIOK—All bond prices are Bid Bonds Ask. STOCKS BONDS AND UTILITY 'and interest except merited "f" end Income end defeulted bonds. whera list M 5s-1957 ser 1957 ser 1st M r>t- Southwestern 57 B—---F&A Natural Gas Oo— & 30 91 80 83 99V* lat M 5s '46 op *21 aer A-MAS ist M 6s 1963 series E .MAS Third Ave 20 10 '32.JAJ JAJ City 5s 1936— JAJ Un Water 64 Vi 55 70 75 25 32 51V* 50 53 35 40 97 O lat M g 6a - _AAO 100 95 54 Light A Power Oo— Deb g 6Vis 1974 MAN 1st 1 A consul 5Vis 1959—AAO Deb g 6s 1975 MAN nited Lt A Rys 1st 6s *32--JAD lat 1 A cons M 6s "52 ser A-AAO Deb g 5Vis 1952 FAA 98 Vi 102 Deb 6s 1973 65 67 97" 99 80 54" United Rys tr ctf9 4s '49-JAJ nlted Public Service Oo— Ooll tr 9s 1942 ser A AAO t 100 11 7 6 67 Vi 30 68 Vi 100V* 84V* 101 89 75 85 79 82 535* 54 V* 85 90 94 96 85 MAI 92 Extended to 1934 at 6% 4 4 75 175* 18Vi 26 28 25 1942— -------MAI Texas Pow A Lt 1st 5« 1837 -JAI Deb g 6s 2022 ser A _ J&« lat A ref 5s 1956--——-MAI Third Avenue Ry (New York)— 27 4 6 34 JAJ 92" 82 Vi f 84 48 i 35V* 1 91 21 > By 1st 6s 1946—**&o l 1st 5s '79-FAA "oho Electric Power (Japan)— 5 1st s f 7s 1965 ser A.__MAS] 3-yr 6% g notes 1932 J& ' "okyo Elec Light Oo (Japan)— 1st g 6s 1953 series J&DU "oledo Edison 1st 5s 1947--MAS "ol Frem A Norw—See Lake ai— "ol G E A H con 1st g 5s "35-. "oledo Light A Power Co— 6 1 62 1st g | 60 65 65 a* s. 55 98V* 98 Vi 49 Vi 90 El Ry 49 Vi 93 91 99V* IVis 1941 72 Vi 73 80 V* 81 Vi 82 106 Vi 104 98 100 fil JAD15 _A&0 warr 95 aer 93 B_... JAD FAA J&J Norf A Ports Tr 5s '36---JAD 87 1st g 5s 1956 opt Certificates 37 101 Ji 99>i ser 17 92 90 95 95 V* 96 Vi 71 Vi Ry—See N Y Rj Rapid Transit Oo— 1st M 5 34 Vi Via 1963— 1st M 6s 1955 50" Guaranteed rin States Gas A Electric— 1st A ref 5s Oct 1953 4.A 1st 1 A ref 5 Vis 1945 Ser A.M& vln Statec Natural Gas Go— Oonv deb 6s 1933 FA rrol 1 92" 50 69 7 Hydro-Elec Pow Co— If utimr A ™ 1 (IK K. f x MA-I 53 45 Vi id Igawa Elec Power 47" n)— 63 22 95 95 40 50~" 82 93 96 81 80 83 83 100 84 86 85 90 91 r 66 68 84 86Vi 97 99 83 Vi 84 855* 1st & ref 5s June 15 '57-JAD15 1st M 4Via 1961 JAJ Wisconsin Minn Light A Power— lat & re! 5b 1944 opt '19—MAN Gen A ref 7s 1947 JAJ Wisconsin Power A Lightlet 1 A ref 5s 1956 ser E—MAN 1st Hen A rer 5s 1958 ser F JAD Wisconsin Pow. Light A Heat— 1st A ref 6s 1946 JAD Wisconsin Public Service Oorp— 1st 1 A ref 0s 1952 ser A....AAO s 1st & ref 5Vis 1958 JAJ 91 86 s 92 Wise Pub Service Oo— 1st A ref 5e. 1942 JAJ Wisconsin Ry Light A Power— 1st & ref 5s 1933-F&A Wiscon RIv Pow 1st 5s 1941 MAN Wise Vai El 1st A ref 5« '42M&N 1st s f « 4V<s 1943 75 80 63 Vi 86 92 J&J if* 99Vi 93Vi Youoga-Shar Ry A LI —See MaUA Youngstown A Suburban Ry— 1st mtge 5s 1938 MAS Zanesv Ry L A P—See Ool New & 925* 85 89 9 1 Ry A L. Zanesv 66V* 62 PUBLIC UTILITY STKS. 99 Vi Alabama 95Vi preferred.., (t) $5 preferred (fj Allegheny Gas Oorp (+) Allegheny Traction—See Phlla Oo Araer Oities Pow A Light cl A .50 Power S7 Par 78 81 70 pref—100 S3 75 65 60 — m mm m Class B 10 10 Amer 87 100 v* X A V* first preferred _(+) 63 67 65 Amer Elec Power $ MAN 60 Amer A. Preferred ,--100 I » or (f) 4 Foreign Pow c«rm (no par) 55" 49 52" Warrants-..-Atrnr Gas A Elec com—(no par; 62 lOOVi 93 Vi 63 lOOVi 95 mm m . 49 93 95 25 15 15V* 18 4 7 V* 18 1 2 Vi 1 26V* 8V* 18Vi 2Vi 26 Vi 87 Vi d American Light & Traction Preferred Amer Natural Gas com.. $7 cum conv pref (t, (f, preferred 85 pref aer A $8 Watert'n LAP—See No N Y TJti. 25 1 25 d (t) m -. Amer Power A Light com (t, (t Stamped 4Vi 4V* 4 $6 preferred (t) Auier Gas A Pow $6 lat pref--(t) i 4Vi 4Vi 9 5l" .. Preferred (no par) $7 second pref series A—-_(t) $6 cum pref (t) 87 51 Vi 81 Vi 4 1 i $0 Vi first preferred-, (fj i Option warrants d Amer DlsTel of N J com (no par) FA-4 JAJ , com B 103 99 80Vi V* Vi .60 Oominonw'Jtha Pw Common 97 Oity A Sub 5s g 1948 F&A Washington A Suburban Cos.— Ooll trust 5 Vis 1941 MAS Washington Water Power Co— 1st ref 6s 1939 op __JA0 lat A gen .5s 1960—^ JAJ Waterbury Gas Light Co— 1st mtge 4 Vis 1968 MAN Waterloo Oed Falls A No Ky— 1st M s f g 6s 1940 op '15—JAJ Certificates of deposit I— 18Vi 90 53 101 Guaranteed 66 99V* 96 Vi AAO Waah Ry A EI g 4s 1951 JAD Anacost A Pot 5s 1949.--AAO 94 62 95Vi AAO - 94 Vi 91 61 72 V* 91 — B 58 80 York Rys 1st M g 5s *37 opt. JAD Youngstown A Ohio River— lat M g 5s 1935 opt 1915—AAO f 16 15 M&b f / 2 Washington Bait A Ann El— 1st M 6s Mar 1941 op 6 M&S Otfs of deposit 6 Wash'n (D O/ G L 5s I960—MAN lOOVi 6s M 1933 series A 99 V* AAO 4>i% notos 1933 Washington Gas A El Oo— 1st sfSVis 1947 33 Vi 28 Wash Alexandria A Mt Vernon— 100V* 64 Vi 56 V* Yadkin River Pow 1st 5a '41.AAO Yonkers Ry—See Third Ave Ry York Haven WatAP lat 5a'5lJ&D 31 13 / 82 H .83 50 . 29 Vi 27 Vi FAA Virginia Ry A Power— 1st A ref g 5s 1934--- 78" 62 1st mtge 5Vjj ) 1942 MAN Worcester A Oonn Eastern Ry— Wthout warrants Utilities Public Service Oo— Oonv 8e 1933 JAD 8fl m 1936 Street 76 79 ' rin Oity 32 68 73 Vi MAS Deb 5s 1959 with 1st A ref 5s 1950 Deb s f 6s 1946 Teleg— 101 98 D 10-yr sec conv 5Vis 1942._MAS Virginia Public Service uo— 1st A rer 5Vis 1946 serA._F&,\ 35 Ry con g 5s "2 — ser SO 80 V* 58 Vi ..JAD Wichita RR A Light 5s 1932 Wichita Water 6s 1949 MAS 1st M 5s 1956. ser B F&A 1st m 5s I960 ser O MAN W'msport Gas—1st g 5s '39-FA A Wllltamsport Water Oo— 1st m 5s Aug 1952 ser A.-MAS Wilmington A Chester Traction— Ooll trust 6a ext 1933—_AAO Winnipeg K1 Oo 1st ref 5a *36 JAJ w> m «. - . 66 FAA Utilities Service 6s 1953 Virginia Pow 1st 5s 1942._JAD Va Elec A Pow 1st 5« 1955.. A AO 67 53 Vi 85 97 d m'm'm '.'mm 25 Utlca Belt L 1st g 6s "39 -MAN Utilities Power A Light Oorp— Deb g 5Vis 1947. -J&D 60"" 45 45 e 5 Vi .s 1949 Gen M i os 1956 . 3 Cro«stown—See NY Ry NY Ry Mde Water Power Geu .-! ! fr:::: 58 55 St ■ , 90^ 50 ri-State Telep A 45 5 1st 1 A gen M 4Vis 1944-FAA tica El A P 1st 5a 1950.—JAJ 45 renton 35 99 1st 1 A gen M 5a 1944 liH 79 1st g 5s 1952 opt 1919 JAD Wisconsin Hydro-Klec (Jo¬ ist M 5h 1947 AAO Wisconsin Michigan Power Oo— 33 28 Unterelbe Power A Light Co^ S f M 6s 1953 AAO Utah GaiA Coke 1st 5s 1936-JAJ Utah Lt A Tr 1st 5s 1944 A__AAO tah Power A Light Oo— Deb 6s May 1 2022 MAN 79 83 1954.. ..AAO Wisconsin Electric Power Oo— lat M 5s 1954 ser A F&A Wisconsin Gas A Electric— United Utll 1st 6a '43 op '18.JAJ 78 50 71 Vi Ref M 6s 83 Vi 8 I deb 6s Yonkers 35 gnit Tr (Plttsb)—See Phila Oo 4 1 f Service Oo— let mtge 6s I960-J&Texas Gas Util. 6s 1945— Texas-I^ouiHiana Power Co— let 6s 1946 series A--—-JA, let 6 Vis 1960 series B—MA thirty-fourth St 5Vi 12 — Texas Electric O 30 i: 95 Albany Ry con M 5s g *30-JAJ Gen g 5s 1947 JAD Troy Oity Ry 5s g 1942.-AAO 44 68 48 1941 opt ..MAN White Line St Ry 6s 1935 95 Oity A Sub Pub Serv 5s *34-JAJ laited Traction (Albany)— Oon g 4 Vis 2004——J—JAD 75 1 68 64 let M ,5s 75 Eq 7 Vis Feb 15 1936 —FAA 15 Lilt Rys (Phiia)—See Unit P A laltud Kys of St Louis— 1934 99 65 Wheeling (W Va) Electric Oo— Lake Uo El 1st 6s '42-MAS /nlted Hallways of Havana— Gen g 4s July 1 33 97 >i 5Vi % notes Nov 15 1932-MAN Westphalia United El Pi (Gerua) lat Maf 6a 1953 —JAJ Whatcom Oo RyALt 5s "35.MAN 30 1 Texarkana W 1st 6s 58-—-FAi Texas Oities Gas 1st 6s 48—MAI Tex Elec Ky deb 6s 1942 JA. 1st A ref 5s 1947 - - - ——JA, Tex Trac 1st 5s 1937 opt.-JA. ser 35 No Bait l)Iv 1st 5s '42--JAD Cent Ry coii M g 5s 1932-MAN Ext A Imp 5s 1932... MAS Traction A Light- M 33 32 Rys A Elec (Baltimore) g 4s 1949 M&b 1st con M 6s 1949 _MA£ Income g 4s 1949 op '29.-JAD / tnc funding g 5s 1936.-..JAD Bait Sparrows Pt A Ches— 1st g gu 4 Vis 1953 F&A Terre Haute ifa 12 35 Baltimore Traction Oo— 19£6—-—-J&l log Western Utilities Corp— 1st ooll tr s f 5Vis 1948 Tnlt 99 43 30 — 14 9 32 6 Vis 1933 with warr AAO (nlted Pub Utll 6a 1947 A—AAO 1st Hen 5 Vis 1947 ser B AAO 1st lien 6s 1947 ser O AAO lOOVi 55 Vi 58 1st consol Taxnpu Electric Oo— 1st M g 5s 1933 sif ou.—J&D Telephone Bond A Share Co— Deb 6s 1958 -—-—J&D Tennessee Eastern Elec Oo 1st M 5s 1943.— -F&A Kef m 6s 1955 MA£ Tenesssee Electric Power—_____ 1st A ref 6a 1947 ser A—JAI 1st A ref 5s Teen Pow gu 6s 1962 opt—M&i Tennessee Public Service— 1st A ref 5s 1970---A&< Tenn Water 1st 5s 1946—-MA! Ternl Hydro Elec 6Vi« 1953---- Gen ref 54 Vi 99Vi 99 V* nlted Power A Light (Kansas)— 1st mtge 5s 1947 aer B FAA aited Power A Tran— ) Syracuse Lake Shore A 1st M g 6s "47 opt 17—MAN / 99V*' Syracuse Lighting 6s g 1951-JAD 99 Vi 1st A ref 5Vis 1954------FAA 4 Syrac Hap Tr 1st g 5s 1946-M&S / / 1 2d mtge g 5s 1930 Taiwan Elec Pow.—See Foreign G ovt. 97 aited 33 Vi 101 Apr 15 1941 iilteu Gsh A El (8 F) 5s'32_J&J nlted Ilium Co New Haven— lat 4s Feb 1 1940 FAA Ry. 3lVi (Italy)— f 7s 1956 ser A.-JAD W ithout warrants 44 50 Vi 41 Vi Mut Un6s exi at 5%to'41.MAN Northw'n gu g 4 Via 1934—JAJ 55 B-_ nlted Elec Serv s 50 AAO A J&J 6s Jan 1946 ser G 66 42 94" 91 Gen ref M 4s Jan Extl 1st aer Virginia Gas Oo— s f 6Vi9'37 with war.JAD west Va-Ohfo River Bridge— 1st M 6 Vis 1952 —J&J / Westerly LAP 5s 1937..---JAD Western Mass Cos— 4Vi % notes Sept 15 '34.MAS15 Western N V Utilities 5s 46..JAD Western N Y Water Oo— 1st M 5 Vis 1950 MAN lat M 5s 1951 MAN Western P L A Telep— 1st 1 coll 6s 1948 ser A FAA 2-yr 6% notes Feb 15 "33-FAA Western Puoltc Service Oo— 1st A ref 6Vis 1960 FAA western T A T colltr g 5fl *32 J&J Western United Oorp— Ooll tr a f 6Vis 1955—-JAD Western United Gas A Elec Oo— 1st 5Vis 1955 Ser A JAD West Un Teleg coil tr 5s 1938-JAJ Fdg A R E M 4Hs g '60—MAN 3Vis Aug 1 1936 -FAA 25-year g 5« 1951 JAD 30-year 5s Mar 1 I960_MA3 1st 100 ser 76" West Gen ref M 5s Jan 1951 ser A— 55 1st M 5s 1957 62 60 ts Jau 1946 ser B 1951 loovi 91 73 West Texas Utilities Oo— Wks Oo— in 101 loovi Peuu Tr 1st 5s 1960.-JAD Phlla Pass Ry—See Pnlla R T VV 100 Prior lien 101H lOOVi West 3 1st Hen 6 Vis 1942 MAS 16 nit Elec Oo of N J 4s "49 .-JAD uitad Klec Rys (Provldeuce)— 63 58 Vi 58 100 Vi 1st M 5 Vis 1953 series F__AAO 1st M 6s 1956 series O—JAD 1st M 4a 1961 ser H / AI Ry nlon Water Service Oo— First lion 5 Vis 1951 ser A-MAN 100 61 56 Vi —JAD M g 5sl954 W W Oorp— 100 Vi 1932 Prior Hen M 7s 1946----AAO Suburban Gas Oo ?£-Philadelphia 1st s f g 6s Apr 1 62 op 07 AAO Super-Power Oo of 111 1st 4 V^s 1968 -M&S 1st M 4 Vis 1970 MAS 1st M 6s 1961 --J&J} Syracuse Gas g 6s 1940-—-J&J lst con 100 Kiev to alon Stettin Pub Utll Terre Haute W N Indianap North 5s 35 90 F&A 15 1932—J&D15 N A & Queens RR—See Ry—See Mnn A Island Edison Corp— 3% notes June Kiev "l05" West End 8t Ry—See Boston El West PennElec. deb 5s2030-AAO West Penn Power— 1st 5s '19 ext at 6% A&O Stelnway By—Bee 46 100 Vi 71 44 6% conv notes 1935-AAO Standard Power A L Corp— Deb g 6b 1957--—-—---FAA Standard Puollc Service Oorp— 1st lien 6a 1948 ser B J&D Standard Telephone Oo— 1st 1 col tr 6 Vis "43 ser A-MAN Staten nlon 69 1933 —A AO 1966 64 nlon Springf A N B Tr 6s 1W6---JAD Springfield (O) Rylst 6 s 35 MAS Standard Gas A Elec of Delaware Debenture 6s 22 ser B._F&A nlon Klec L A Pow of Illinois— 1st g 5 Vis 1954 serA J&J 60 Springfield i Mo) Gas A 1st nitgo 5s 1957 ser A---J&D Springfield (O) Lt. H t A Power 6% g notes 1935--— Debenture 6s 1951--- lOOj 1003 ASk 100 Vi Westchester Lt 1st g 5s '50--JAD N Y <4ub Gas —1st g 5» ,49_MA'a Genl tntge 5s 1967 20Vi a 6s 2022 series A—-M&» Southwestern Public Service Oo~lst M s f 6s 1945 aer A— J&J Southwestern State* felep Colst M 6s 1948 M&S Southwest Gas Oo— «*.rM 1st tin 6Via "37 with warr. MAN Spg Br'k Wat 1st ref 6s 05-A&O Deb g General A ref 5s 59 , 1st s f 6s 1945 Southwestern Power nlon El Lt A Pow Oo of St L— 1st g 6s Sept 1 1932 stpd-MAS Ref A ext os *33 op aft 18 MAN Bid Bonds and Stocks. Ask. Bid Bonds. ' A Pow Oo-— A F&A Southwestern Light 4 $ 10 18 15 19 —, ""V* d 30 8V* 31V* 4 25Vi 28 4 8Vi d Waukesha Gas A Electric Oo— 1st 5s 1959— JAJ Westchester Elec—See 3d Av , 0 MaMiUr d Price per snare not per cent, ' Ry 1 f Flat price. K Last wale (In Lioniiuu. n Kouiluai r Canadian prlc«. * dale price. t New stock 81 PUBLIC UTILITY STOCKS where marked 'T'and Income and defaulted bonds. SfOTEOB.—All bond prlcos era !'aa<! interest" except Bid. Par. Stocks. | Ask. Amer States Sec. pref.100 A (t) com d d 2 —( Amer Superpower Oorp com ..( First preferred ( 25 40 ....... Preferred $0 series American Telep A Teleg Amer Wat Wks & Elec d 2 d 58 ( .100 25 62 m (t) Appalachu Ian El Pow 7 % pref.100 d Appalachian Gas Corp com 90 d 4 _ _ „ 07 pref ser A Edison 6%% pref conv Arizona % d .. —. 70 92 5-16 Preferred 50 100 Arkansas Natural Gas Oorp.—t Class A corn.. (t) P it H 10 Arkan A Me Pew Arkansas Pow A Associated Gas A Common class 7% pref 100 Lt $7 pref—(' Elec com.. ( A——(t) Original preferred 04 preferred..... $5 preferred..... $0 preferred Sdfi preferred-.. $7 preferred--... Debenture rightsCommon rights 80 1% 1% 4jJ 30 85 24 27 35 45 h* 35"" 33 S8 int bear allot ctfs..... .... allotment certificates Associated Pub Utilities com-(f) 7% pref. (t) t 734 8% 99"" l6F" 29 Bangor Hydro Elec com 26 104 7% preferred... 10C 92 0% preferred.—. —10( 70 Baton Rouge Elec Co $0 pf (t) 55c Beaubarnols Power, pref 91 Bell Telephone (Canada) 10C Bell Telep of Pa 6% % vf 110% 100 67 BInghamton L H A P $0 pf— (t) 84 Birmingham Elec S7 pref (t) 72 $0 preferred-. (f) Birmingham Gas $0 pref (f) 99"" Blacks tone Val Gas A E pref—50 d Bleeck St A Ful Fy—See N Boston Elevated BR com Brazilian Tr Lt A Pow ord 72% 100 (t) hi* (t) 20 (+) 27 96 Oonsol Gas Utll class A — Brooklyn Union Gas—.(no par) 76 Buff Niagara A East Pow pref.25 21 6 25 78 % 84 91 15 19' 18 77 70 79 90 100 58 43 60 60 54% 61% 78 98" 58m I Eastern Texas Elec Co- 40 10 Central Pow A Light 7% pref-100 Cent Pub Serv (Del) com Class A 92 60 45 75 85 2 87% 90% 94 78 50 58 70 $7 preferred. prior pref 5 preferred Elec Power A Light Corp.. Allot ctf for pref 70% paid Second pref ($7) 00 cum pref It 17 1% 1H % "l% d d 100 (t) d pf (t) d Cent Vermont Pub Ser S6 pf (t) d Ohes A Poto Tele of Bait pref-100 Ohlc City A Con com part ctfs.(t) Pref partic ctfs (no par) — Central States Pow A L S7 10 — % 2% deposit 2 Chicago City Ry 100 Certificates of deposit Chic Dist Elec Generat S6 pref (t) d Chicago Rys partic ctfs series 1__ Series 2 10 1% % % Series 3 Ssriss1*4 Rap Tran com 100 Certificates of deposit Prior preferred—.—.—100 7.2% prior pref ser B 100 Chris A 10th Bts RK—See NY Rys Cincinnati Gas A Electric pref 100 Chicago 90 3 6 57 61 no% 98 79m 82% 85 "m 3-16 .1 .* sm Pow"Oo~com~A"(t) "m Mm", international Ry Internat (f) d d Superpower- Class d d B a Purchaser also pays accrued dividend, s Sale price. Montreal or I New stock, u Toronto Exchange. d ex war 34% I talian "9% _ pref—100 % Superpower! I... V Warrants % 70 81 2% American shares Jamaica W iter Supply ~3'm ' Italo Argentine Elec 84 60 Jersey Cent Pow Oo^-" a Lt 22 18 25 5%% preferred 22 23"m 24 pref— II55 7%prefl00 6% preferred s v Old stock, • Without par value. to 48m 90 100 80 --II.100 70 Kansas City Power A Light— 2% it* r 175 173 80 35 38 42 40% 7% .(t) 27 11 1st pref 00 series B .(f) Kansas City Pub Serv com (t) Preferred (f) Kansas E lee Pow 7% pref 100 Kansas Gas A Elec 7% pref-. 100 Kentucky Hydro Elec 7% pf—100 Kentucky Securities Corp 100 Preferred (0%) 100 Kentucky Utilities, pref 100 Junior 16% 29 J* 21m 24% 29 m 2% 3% —- 86 93 30 38" 45 55 preferred 17 iS* 39 41 3-16 % 15 42 17m 48m 48 52 45m 60 20 ~2 30 140 145 2 Keystone Telephone preference 50 Kings Oo Ltg 7% pref 100 5% preferred 100 Laclede Gas Light 100 Preferred 90 250'" 53 66m 97 68 75 65" 65" Lincoln Telep A Teleg com...100 108 Lone Star Gas Corp..... 5% ...(f) d Preferred 100 d Long Island Lighting com (t) d 7% preferred ......100 0% preferred100 Louisville Railway Oo... 100 Preferred —100 Lowell Electric Light Lowell Gas__ ...25 92m 79 93 76 ism 1 4 45 45 25 Lynn Gas A Elec Oo 2o d 104 16 Mackay Companies pref.....100 Manhattan Elev Ry (N Y) 38m 100 Modified guarantee. 12 100 Marconi Wirel (Canada) 1 d Market St Ry (San Francisco).100 % Preferred Prior 100 ... .... preferred.. Second preferred 100 Mass Power A Light Associat'n— Common with warrants 24 27 31 Common without warrants 18 21m Preferred 55 62 Warrants 2 1 21 ..... 3c. v to... 50 2% 21 Jfc Last sale. I In London, n Nominal, r Canadian Ex-dividend, y Ex-rights, z Minimum price established h Ex-stock dividend. x m si* 100 Lake Sup Dist Pow 7% pref--100 Lake Sup Diat Wat A Imp pref— Lexington Utilities 0V*% pr..100 29 Ex-100% stock dividend, 90 50 Los Angeles GAB Corp, pref.100 Louisiana Power A Light $0 pf (t) Loulsv Gas A Elec com cl A..(t) 1% d Price per share, not per cent, Ex-warrants, 6% 6$ d 3 % conv partic preferred on 16" 1 3 95c. A ......-(f) d 19 20 v t c Maes Utilities Associates price, (t) a ~ Units 5 4m Option warrants Fairm't Pk A Hadd Paw Ry—See Phila R T. Preferred ($0) ■— — Internat Hydro-El sm Syst A.-.(t) Internat Ocean Teleg 50 (guar)..100 Internat Power com tt) dr Preferred "" 100 r 07 preferred Fall River Elec Light.........25d Fall River Gas Works 25. d Federal Light A Tr com —15\d — Warrants new for cl B stock- d Interstate Power pref 07 (t) d Iowa Southern Utll. 7% 4 European Elec class A 20 75 d Internat Power Securities $6 preferred 55c. 100 a ctfs"—100 International Telep A Teleg International Utilities A Preferred series B 6% 100 Empire A Bay State Teleg..—100 Empire District Elec 6%pf—100 Empire Gas A Fuel Oo pf 8%-100 Preferred 7% 100 6%% preferred -100 d 6% preferred 100 Empire Power Oorp partic stk.(t) 00 preferred (t) Empire Pub. Serv. com. A (t) Engineers Pab Serv com—(t) 05 conv pref (t) 05 m pref (with warrants)—(t) 06 preferred (t) Erie Lighting prof (no par) Erie Rys (t) 7% pref —100 Essex A Hudson Gas ioo n Indianapolis Gas H~" 50 Indlanap Pow A Lt d%_% preflOO Indlanap A Southeast Tr pf_.100 _ .... 70 - 6 s f with war... o!2na ®?"vlc8 Oorp com—100 Intercontinental 57 83 104 97 A— 3 « By-^oducts Ctf of deposit 50c. (t) d ...(t) d Optional warrants d Eliz A Tren KB—See Pub S Oorp El Paso Elec Oo (Del).^.(no par) d Preferred series A 7%—-.100 ser 61 13 60 B 48 45 11*ffiSaTwa8M7°»----lw 78 —- com Oorp 7% preferred. ...——100 0% cum pref (without warr).100 :!J t 51" 100 d 47 /+) d Interboro R T vot trust d 96 145 98 80 pref—166 0% preferred Edison Elec Ilium (Brockton).25 Eighth Ave RR—See N Y Rys Electrical Securities, 5% pref-100 Electric Bond A Share (t) 0 preferred 5% Central States Elec it! _ East Kootenay Pow Ltd. ' Pr6f6rr6^l .100 East Read'g eF—See Read'* Trac Ediaon Elec Ilium (Boston)-.100 1 — S7 preferred com. i 58 52 Eastern Util Assoc Conv stock 103 m (f) 1UU ... 140" Gas A 2m (t) d — 25 {MfoisNorth Utilities 0% pref 100 }!! £ower Secur 1st pref.100 Indiana Consumers u 92 100 07 pref without warrants 06 prer— 42m 31* Houston Ltg A Pow pref 7%-.100 Houston Natural Gas d pref (1 Stock purchase warrants"." Hudson County Gas I..100 Idaho Power 7 % pref loo d . 58 d 41 26 6% preferred..- 97 % m 52 11-25 ..... 50 preferred-- 2 26m I——25 common Illinois Pow. A Lt. 6% 108 89% 20 2fl Preferred or Havana Elec Ry com——— t Preferred ion Haverhill Elec Light. 25 Haverhill Gas Light "" 25 Holyoke Water PoweF——loo Houston Gas A Fuel pref 62 106 102 Eastern N J Pow 0% cum preflOO East Shore Pub Serv 0 % % pf (t) d Eastern Shore G A El 8% pf-25 d Eastern States Pow Cor com(BMt) d 72 Cent Pk N A B RR—See N Y Rys Ctfs of 47" 41 Preferred B stock-...-.—100 Adjustment stock .100 Eastern Michigan Rys (t) d 100 58 Water..""" 100 44 d Duquesue Gas Oorp com (t) Duquesne Light—8ee Phila Co— Eastern Mass St Ry com——100 First preferred stamped..—100 48 (t U% 102 10< Central Illinois Light 6% pf—100 90 Cent 111 Pub Serv pref [no par) d Cent Indiana Power 7% pref_100 Central Maine Pow 0% pref—100 70" 80 7% preferred—— -—-100 Cent Miss Val Elec Prop pref_100 60 6% conv pref —— So opt conv pref (ser 1929) 7-16 55 a (t) d Preferred 65" 46 .—.—(f) dr 14 .100 r 88 --------- 3% 3% % Detroit Edison ..——100 Duke Power...—— —100 76 0% preferred Warrants.... Electric Light §!** gMtford Gas Hartford 05 Duluth-Superior Trac Co—.100 Cent Hud G A E com vtc Utll Preferred Hamilton Gas 54% .100 Derby Gas A Elec $7 pref Detroit A Canada Tunnel 21% 85 Cape Breton El Co pref—...100 Capital Trac (WaBh, D O).—100 Carolina Pow A Light $7 pref (t) $0 preferred (+) Central Ariz L A Pow pref—100 Cent Arkan Pub Serv Oorp pf 100 Cent Crosst RR—See N Y Rys Central Gas A El Co $0m pref.(t Cent A 8 W 81 52 48 com (t) Preferred ... Preferred.. 80 78 80% Dayton Power A Light 0%preflOO Denver Tramway com-. (t) d 9 55 82 (t) 100 .100 Calgary Power 0% cum pref Calif-Oregon Pow 7% pref 0% preferred series of 1927-100 0% preferred 100 Calif Water Serv pref 100 Can Hydro-Kl Oorp 0% 1st pf 100 Canada Nor Pow com Hackenaack 77 Preferred 100 Cumberland Oo(Me)P A Lt pf 100 Dallas Power A Light 7% pref 100 44% 71% 65 (SUM)—100 55" 1^ 71J 54 7% prior preferred 100 Continen Pass Ry—See Phila R T Cuban Telephone com 100 33 SIaiW ,J\kIeg urn 50"" Consumers Pr (Maine) pf6%_100 6.0% preferred .100 $5 preferred (+) Continental Gas A Elec com., (f) 42 warjm IX* Cons Trac (PIttsb)—See Phila Oo Consumers Gas (Toronto)—.100 72% 10% d m preferred.._ (t) 11% Class B v t c (t) Cons Trac of N J—See P S Oorp 24% <t dr 5% Broad River Power 7% pref—100 B'way A 7th Av RR—See N Y Rys 21 * Brockton Gas Light Co vtc—26 d Brooklyn City RR 10 d 43 % Bklyn-Manhat Transit.-(no par) Preferred series A 68 (no par) 7% Bklyn & Queens Transit com_(f) Preferred 52% (t) .... ge?rgla Power 00 1 86 75 5 d A. com 7% preferred— 96% pf(with com purch 101 40 74 112 Wks A Elec 69 83 6% cum pref series D 100 5%% preferred series E 100 5% preferred series A.. .100 Consolidated Gas (N Y) com—(t) $5 preferred ...—(t> 97 24m pfd—'+* 39 39 93 Preferred 100 Cons Gas E L A P (Bait).(no par) 80 60c 29 dr 24 Class B $5 first pref_. 100 % Connecticut Elec Serv com—(t) Connecticut Power .-25 Connecticut Ry A Lighting...100 30 109 Y Rye Bridgeport Gas Light Bridgeport Hydraulic Co— Brit Col Pow Corp A-. 50 100 Flrzt preferred 6% 25 11m 12 Amer shs for ordinary stock Gen 1 Public Utilities 07 35 Community Water Ser com ...(f) Coney Island A Bklyn RR...100 3 it* 21 cum conv pref ser A (t) pref ser B (f) Gen Italian Edison Elec Oorp— Community Power A Light— $7 first pref 100 Associated Telep Utll com A— 06 pref with war.......... $7 pref Atlantic City Elec, $0 pref (t) im conv 27m 26% (f) 90 Preferred class A 7% (t) Preferred class A 8%—.. (t) —100 Oom'wealth Utilities cl B AssoclatedTelp A Teleg (06) pref (t) 30 100 $6 - — 35m 00 0% preferred— —..100 Cleveland Railway.. ......100 Certificates of deposit Coast Oo Gas A El 1st pref—100 Oolum G A El Oorp (Del) com (t) 0% preferred series A ..100 5% preferred series B 100 Columbus Del A Marlon com.(t) 7% preferred 100 Columbus Ry PAL 1st pf A 0 % 100 Preferred ser B 6 %% 100 Common wealth-Edison Oo—100 Com'wealth Pr Oorp 6% pf—100 Commonwealth A Sou Corp comt Optional warrants $6 Pref (f) 35 20 —II 100 Preferred 05 65 (t> 100 Gas A Elec of Bergen County. 100 Gen Gas A Elec (Del) com A .(t) Common class B (t) d — 20 39 Foreign Light A Power unit*— (t) Franklin Telegraph (guar) 100 Qalveston-Houaton Eiec Co—100 Preferred Oleve Elec Ilium common JY ... 5% 50% City Pass Ry—See Reading Tr City Ry (Dayton, Ohio)..—100 20 18 "o% 49% Citizens* Pass Ry—See Phila R T Citizens TractIon-+-8ee Phila Oo 54 Preferred (8%) 64 (f) 7% preferred —100 Citizens Gas (Indlanap) com—25 d 6 15 19 iS preferred Florida Power A Lt 07 pref Florida Pub Serv 7% pref 14% 10 —.—..100 Cities,Serv Pr A Lt 00 pf 25 Arizona Power—..........,.100 Preferred (7%) 100 Preferred Preferred B— Preferred BB A .( preferred Fjtchburg Gas A Eiec Light—60 Cities Service com............_t Preferred —.—..100 26 % 22 Bid. Par com 07 Cincinnati Street Ry..— 50 Clncln A Suburb Bell Telep...50 liom 20 d Com voting trust ctfs $0 1st preferred-... jx 60 liom (t) com $6% Preferred -—-——-2 Cincinnati Gas Transp—....100 Cine New A Gov Lt A Trac...100 Preferred .—.100 5 d $6 preferred Stocks. Federal Water Service Cincinnati Oar Oo class B ( Amer States Pub Serv A Ask. Bid Par. Stocks. Amor Public Service 7% 82 public utility stocks far Stocks. Bid. 334 Memphis Natural Gas Memphis Pow A; Lt. 7% pf-no A" par Metropolitan Edison Oo com Ask. 434 98 101 40 ' 60 75 war—( 72 I $0 cum pref without 80 7034 07 preferred00 preferred series O Middle West Utilities 134 31 34 Warrants A--...— Warrant B . Stock*. Conv pref A Warrants —-- , _ 25 100 100 0% prior lien—— 7 % preferred class A- 1434 20 6% preferred class A---—100 Milw. Klec. Ry. & Light— 6% pref. series 1921 --190 97 100 88" 70 84 pref-——100 Misslssippi RIv Pow 109 85 75 35 d 87 45 86 34 80 pref——100 Mohawk-Hudson Power lsfcprf(t) Second preferred—-——--.-IT) Monongahela L A P—-See PhilaOo Monongahela St Ry—See PhilaOo Monon-Weat Penn P 8 7 % pf-26 Montreal L H & Pow. Oons_(t> Montreal Telegraph --40 Montreal Tramways, com 100 Mountain States Power. com.Ct) Missouri Pub Ser 7% 19 94 21 534% preferred series O 26 6% preferred series B......25 7% preferred series A 25 Sou Calif Gas Corp 00 34 pref—(t) Sou Calif Gas Oo 6% pref 25 Southern Canada Power-.—(t) 13 9534 125 16 88 65 Penn Central Lt A Pow $5 oref(t> d Penn-Ohlo Edison 7% pr pf_.100 55" 84 3 4 10 14 6 12 1134 5934 434 (t) (t) Pennsylvania Water A Pow.-(t) People's G L A O (Ohic) 100 Peoples Light A Pow com A—(t) Phlla Oo (Pittsburgh).. 50<* Oom 25 10 Citizens 105 45 75 97 10 70 92 30 50 100 90 70 40 30 35 4724 4834 ~4~~ ( 35 50 5134 84 85 6734 1334 55" 5754 6734 35 37 5754 67 34 18 9734 2934 434 934 80 35 15 25 112 50\d pd)_50\d 50 d 79 Philadelphia Traction 60 d Ridge Ave Pass (028 pd).. 60d 2d A 3d Sts Ry guar 50id 13th A 16th Sts Pass Ry..._50id Union Pass (030 5-0 pd). ...50 d Union Traction (01734 pd)—50|d West Phila Pass guar 50 d Phila A Western By com 50 d 24 75" 07 preferred ser A (t) d dividend pref— 92 (t) Y Telephone 014% pref—100 11234 10 Slagara A Hudson Pow —— 534 Option warrants A Option warrants B—— 134 ds 7-16 Option warrants O North American Go com C t) 30 0% preferred 60 4234 North Amer Edison $0 pref—(t) North Amer Light A Pow 9 (f) Nor Amer Utility Sec—Com. (t) 1st preferred (f) Nor Bust Ltg Prop com (t) 36 Potomac Elec Pow 6% Power 26 72 72 55" 70 80 50 14 16 52 20 92 ~6" 434 76 78 112 11034 105 | z 100 Power Securities com 30 50 Oorp of Canada com., (t) Preferred 50 10034 3634 89 10 (no par) 1834 1734 2034 1934 70 73 61 554 ib 100 58 Public 8erv. Oo. of N.H. 06 pi_(t) 78 Public Serv Oorp of N J..(no par) 51 0% preferred 84 52 ?6°I 78 8% preferred— 7% preferred 6% preferred 05 preferred (+) 79 81 11 Consolidated Trac of N J. .100 22 26 90 43 Rapid Transit 8fc Ry Go 100 So Jersey Gas A Elec Trac..100 Pub Serv El A G 05 pref (t) Public Serv of Ind $7 pref (t) — 41 134 123 100 133 105 100 100 06 preferred 234 11734 140 9334 145" 9534 (f) 12 17 Public Service Oo of Nor 20 ill—(tj 73 14 50 65 69j4 70 90 54 56 46 5334 6334 5534 44 6% preferred. 100 7% preferred 100 Public Service of Okla 7% pref 100 —.—1UU 6% preferred.100 Puget Sd Pr A Lt 06 pref. ef—...(f) $5 preferred (t) r — 100 Northern N Y Util pref 100 Nor Ontario Power Go 6% pref 100 Nor States Power 88" 90 55 59 Nor States Power (Del) com 7% preferred... 100 72" 76" 100 87 90 100 100 77 (Wis) pref. 100 $7 preferred (+) Ohio-Kentucky Gas ^ 81 91 83 Roch — Telep 0634 Pref Rockland Light A Power 93 54 100 Rocky Mtn Motor com A 90' 70 St L 100 Louis County Water pref.100 60 65 St Louis — 34 86 90 4 par value. 20 2334 23 9 30" 65 70 51 55 51 55 10034 Pub Serv- 4~ 10234 v Old stock, x Ex-div. .100 -.100 Tri-Oity Ry A Light pref.—100 85" 74 75 63 65 100" Trl-State Telep A Teleg (t) Preferred 10 23d Street—See N Y Railways Twin City Rapid Transit (t) 834 Preferred 100 Twin States Nat Gas partlc A _(t) d Union Elec L A Pow (111) 0% pf. Un El L A Pow (Mo) 6% pf—100 7% preferred i cum 5 7 3334 234 (t) 134 27 7-16 18 (f) 86 pref (non-vofc). 88 United HI Oo of New Haven. United Lt A Pr com A. Common B — 6% cum. 07 434 ... 2834 1st pref United Pub Serv 1 92 234 15 loo" United Gas A Elec Oorp pref.100 United Gas A El of NJ 5% pf.100 United Gas Oorp com (t) 07 pref series A Warrant*. United Gas A Impt vot. i* 934 10534 100 03 cumulative preferred Warrants 101 80" (7%)—100 100 100 29 com.. d United Pub Util 00 pref. United Rys A El (Bait) "134" "3" d preferred 14 17 6l" 64" 96 5 99" d (t> 07 preferred (f) 06 preferred (t) utica Gas A Electric 7% pref 100 Utilities Power A Lt Ol A (no par) New when Issued (no par) 4 d d d A U 7% cumul pref —100 d Virginia Elec & Power com (t) $6 preferred (f) d Virginia Pub Serv 7% pref 10U Wash Bait A Annapolis— 50 Preferred 5 6 134 134 - - - - 23 26" 8434 8634 50 90 Washington (D O) Gas 20 d Washington Gas & Elec 7% pflOO d Wash (D O) By A El com 280 100 290 87 91 Preferred —.100 Preferred —100 Western Union Telegraph West Penn Elec Co Class A 7% cum preferred 0% cum pref West Penn Power 7% 0% preferred Winnipeg Elec Co Preferred 100 100 100 pref <t) d York (Pa) Railway* Preferred ——— "34" "I" 30 89" 3534 60 65 63 98 if) dr 434 50 d 50 d 68 54 108 9934 434 50 r 100 common mm 29 5334 10534 100 100 100 35 100 Wisconsin Pub Ser Oorp7%pflOO Wisconsin Telep 7% pref 100 90 San Joaq L A Pow pf A 7%—100 i 7% prior preferred........ 100 6% prior preferred Y) 7% preferred (t> (t) Preferred series A :82 —— Wisconsin Power ALlght0%pflOO Preferred d Price per share, not per cent, u Ex-warrants, 25 10 d 25 d 66 92 : 99 Washington Water Pow Co 100 d Wayne United GasWestern Massachusetts Oot-.(t) d Western Power Oorp 100 d d 11 85 .ew 8fcock. (t) Without d 27 100 18 83 2134 Purchaser also pays accrued dividend, Exchange, 1734 22 .100 Oklahoma Gas A Klec 7% pf__100 Okla Nat Gas Oorp 034 % Df—100 58 Rochester Central Power 81 107 34 65 52 d (7%) .100 0% preferred Ohio River Edison 7% pref Ohio Valley Gas common 48 (t) d Class A 72 75 55 (t) d 6% preferred 100 Rochester G A E 7% pref B—100 8% preferred series O 100 8% preferred series D 100 ... Power 6% pref Ohio Public Serv pref A a 70 79 104 Quebec Power common i-—__(t) Queensboro Gas A El 6% pf 100 Radio Oorp of Amer (t) cum pref A 50 uyo cum pref B (t) Rap Tran St Ry—See P S Oorp Rhine-Westpb Elec Pow Amer shs Rhode Isl Pub Serv pref— (t) 80 Light 7 % pref.100 Third Avenue By (N Class B 100 .... 2734 8934 Utah Pow & Lt ci A 9734 7% preferred— —100 Nor Indiana Pub Ser 0% pf—100 7% preferred. 034 % preferred Northern Mex Pow A Dev comlOO 52 97" 9934 26" (t) Tennessee El Pow 1st pf (7%) 100 1st preferred (6%) 100 Terre Haute Tr A Lt pref 100 05 Providence Gas (free stock) Certificates of deposit Public Serv of Colo 7 % pref—100 96 113 85 100 - 0% preferred 5% preferred 88 100 "234 234 Union St Ry (NewBed.Mass).100 United Oorp (t) pref. .100 534% preferred d Toledo-Edison pref A 13 50 d Porto Rico Telep com Postal Teleg A Gable 7% pf_100 Potomac Edison Oo 6% pref.100 15 17 50 d Telep 07 pref (t) d Sub R T 8t Ry—See Phila Oo Superior Wat LAP pref 100 Swiss American Elec pref Syracuse Ltg 0% preferred—100 634% preferred 100 20 23 77 16 d Texas Power A Gray's Fy (025 pd)—50,d n 4834 Tex-Loulslana Pow 7% pref—100 Phil A 100 28 4234 14 Pub Serv com Class A partlc stock Standard 14 75 Preferred 26 d 65" 70 Pittsb A Birm Tr—See Phlla Oo Portl Elec Pow 6% pf 100 Portland Gas A Coke, 7% pf—100 ... 10 15 Piedmont A Northern Ry "7" 8* 60 d com 55 44 "54 ~6" 2234 5334 d A Lt 8% preferred Tampa Elec Oo Frandrd A Southwark Pass.60 d 105 40 German town Passenger 60 d 34 Pow 35 3234 3234 Standard 9634 2834 334 Phlla Oity Pass Ry (02254 pd)50 d Phlla A Darby Pass Ry 50|d 100 31 Free utock d Units 10 63" 17 91 25 d 49 70 31 60 25 10 85 40 46 d d I Preferred 35 10 9234 80 12" 114 34 Standard 10 60 89*4 126 Springfield Gas A Elec pref. t d Springfield (Man.) G L Co vtc.25 d Monongahela Lt A Pr_. 50 « Monongahela St Ry 50 d Pittsburgh A B'ham Tr__ 50 d Sub Rap Tran St Ry.. 50 d United Traction pref ..60 d Philadelphia Elec Oo 05 pref__(t) ^ Phlla Elec Pow pref 26 d Philadelphia Rapid Transit—_.50!d 7% preferred 60^ Preferred 123 70 70 25 Class B Green A Ooates Sts (016 Hestonville M A F com 87 11234 x 74 (t) Preferred 40 18" 72 85 (T) com preferred 96 102 15 0034 12 60 100 100 734 Southwest Gas Util 5 30 (t A2d St A Grand St Ferry—10 Sixth Avenue old —100 Twenty-third St guar —100 N Y A Queens K1L AP com—(f) d Preferred 100 108 N Y A Richmond Gas0% pref 100 75 New York State Rys. com 100 Preferred -—10G N Y Steam Oo coin (t) d 46 Ohio 13 20" 5Qd Oontlnen Pass Ry (029 pd)..60 d Falrm't Pk A Hadding'n 50|d 15 IV* 88 So Jer G El A Tr—See P S Corp. 36 d 30 .... 25 —100 25 Passenger guar 22 88 r 15 Federal St A Pleasant Yal—.25 Citizens 18 ar 10 Duquesne Light 6% 1st pf.lOOi 35 27 27 35 100 Traction 8S* 28 d Springf (Mass) St Ry Cos pf—100 Spring Valley Oo —20 d Standard Gas A Elec com (no par) d d 07 cum prior pref d >4 cum preferred d 06 prior pref (t) » 60 d 60 d (t) d 50 d Consolidated Trac pref 40 32 .100 (t) 91 50 d ... Allegheny Traction 3 — Telep pref...... 24 26 d 60 d new $5 preferred 0% cum preferred 06 cum pref 39 22"" 80 32 05 preferred 103 Preferred —.100 Northwest Electric 0% pref...100 Preferred 7% 100 Northwest Bell Telep 634* pf_100 Northwestern Teleg (guar) 60 Nova Scotia Light A Pow com(t) d d —10 d (t) d Southern Col Pow com A Preferred Teleg (guar)—.25 Southern Indiana G A E 6%pf 100 7% preferred —100 Southern New Eng Teleo 100 90 preferred 2934 23 % 23 South A Atlan (t) $6 preferred 6Om —( Ohio Edison $6 pref 7% preferred 06 prior preferred 8 2834 d t) d Southwestern Lt A Pr com A..(' Common class B preferred (t convertible preferred (t prior pref England Telep A Teleg—100 N Kng Wat L A P Aaso 0% pf-100 New Haven Water 60 N J A Hud Riv Ry A Fer pref. 100 New Jersey Pow A Lt $o pref (t) New Orl Pub Serv. com (t) 7% preferred 100 N Y Gent Klec Oorp 7% pf—100 N Y Mutual Telegraph 26 N Y Power A Light Oorp $0 pf (f> 7% preferred 100 N Y Rys Oorp 07 Pref-(t) Bleecker St A Fulton Ferry. lOu B'way A 7th Ave guar 100 Christopher A Tenth Sts 100 Eighth Avenue 100 Ohio Bell 100 OItfes"UtIfitlei"com.( Southern 87 76 "334 com... common PrafarrAri 55" 5 26 d South Oallf Edison 99 $6 $6 $0 New Northern Tex Klec Oo d Warrants 24 80 97 pref 100 6% preferred 63 86 74 New England Preferred 58 Pennsylvania Pow A Lt 07 pf- (t) (t) 100 6% preferred d 58 108 --- com (t) Southwestern Bell Telep pref. 100 Southwestern Gas A El 7% pf_100 1UU 40 North Continent Util Participating preferred 70 Glass B— Preferred 32 1934 73 6 — New 30 " Penna Gas A Elec Oorp $7 pref 80" 1534 68 com. 68 — §7 preferred .(f) d (V d Lt Participating class A stock..,. e-(t) 100 Nevada-Oalif Electric, com—100 Preferred 100 Newark Consolidated Gas 100 New Kng Gas A El Assn $6 pref— 0534 preferred stamped (t) Pub Serv com $7 prior preferred 31 "234 06 33 70 A Penna Gas A Elec Co 7% pref.100 100 d warr)—(t) d Glass O 2934 "234 Penn-Ohlo Pow A Lt 7% pref.100 _iuu 7934 Preferred (07) Preferred (t) d 1234 94 Pacific Telep A Teleg 100 d 10034 Preferred 100 90 Paterson A Passaic Gas A El. 100 86 Pawtucket Gas pref 100 d 14 Peninsular Telep Oo com (t) 86 Preferred 100 06 preferred Warrants Warrants B 60 7434 70 Pr 21 d _ 10 Somerset Un A Middlesex Lt.100 7 (t) ;d New Eng Pow Assn com Preferred New England Power, Co. Southeastern 125 100 6% preferred 100 National Power A Light com—(t) id $0 preferred [y d Nat Public Serv Corp A cons—(t) d — ICO 2 d 7% preferred Unstamped 37" dr!12 50 7% pref 3334 2534 47 53 0334 conv pref (with Nebraska Power, pref 3334 2434 12 75 100 (t) d (N Y) Shawlnlgan Water A Power ..(t> d Sioux cfty Gas A El 7* pf—100 Sierra Pac Elec pref .-100 8 36 106 Glass B common (t) 06 preferred Second Ave RR Oorp d —100 Preferred 65 dr 45 Tel.—100 7% d Preferred Pacific Pow A Lt 7% pref Pacific Pub Serv ser A com 84 Municipal Service preferred — <t) Nassau & Suffolk pref --100 National Klec Pow cl A -(t) Mountain States Tel A com Common non-voting.. 80 6% pref. series 1892-1897- -100 Milwaukee Gas Light 7 % pref.100 Milw IN or Pow new ----------Minnesota Pow A Lt 7% Pj—100 Miss Power & Light 0% pref___-_ 25 <t) d (t) d T) d Preferred ($0) Pac North went Pub Serv Prior preferred II" lien—100 Midland Util 7% Prior 8 Lighting Oorp 95 55 03.25 conv pref with warr—(t) d 100 18 A Pacific Ask 85 0% preferred... 100 Seaboard Public Service Oo— .... 354 Bid. Pat Stock*. Savannah El A Psw deb Btk.-lOO Ottawa Light Heat A Paw... 100 Preferred .......100 r Ottawa Traction 100 r Pacific A Atlantic Tel (gu) 25 d Pacific Gas A Electric 25 d First preferred (6%) 26 d First preferred (534%) 3 2 United Go com Ask. Om A Ooun Bluffs Ry A Bdge pf. Omaha AOooncU Bluff* St Ry 100 Preferred 100 Midland Nat Gas class A Midland Bid. Par 74 76 79 80 1 109" I-8 1 1 —4 50 30 10334 94 h Ex-stock dividend, k Last sale. I In London, n Nominal, r Canadian u fix-rights, z Minimum price established on Montreal or Toronto Stock Under the heading "Industrial and Miscellaneous Securities" under the previous two ever, we put "Textile Safe Deposit include all issues which do not appear we headings, namely "Railroads (Steam)"and "PublicUtilities." In the case of stocks, how¬ Manufacturing," "Insurance," "Mining," "Real Estate and Land," "Title Guarantee and Companies" under separate heads, then follow with the rest of the "Industrial and Miscellaneous.1! HOTICI.—-All bond prioss ars "and Interest" exoept where marked "f" and Income and defaulted bonds*./ { Bonds. Bid. Bonds. Atk. INDUSTRIAL AND Beneficial Indus Loan MISCELLANEOUS BONDS. 9634 1st M 5s 1953 ser A J&D Abraham & Straus Inc— Deb 6 H» 1943 with wart—A&O 3434 35 8334 8434 Acadia Sugar 5s 1946 ----Adams Exp coll tr g 4s '48-M&S Ooll tr g 4s 1947 J&D Alax Rubber s f 8s 1936 J&D Alabama Oons Goal & Iron—- 78 _ 1st cons 70"" 66 M&S Wrapping Oorp— Deb 6s 1926 ser B Albany Peri: 1st M coll tr 6s 1948 A&O Deb gold 5s 1937 M&N Alpine Montan Steel Oorp—■ 1st a f 7s 1955 MAS 91 65 64 Borden Mills 1st 25" 35" 10 Boston Store (Ohlc) 5s 1938—— Boston Term Go 334s 1947.F&A 95 80 Botany Oonsol Mills 634s '34 A&O Bridgeport Brass— Oonv deb 634s 1939—-1— J&D Brown Go 1st 534® 1940—A&O 1st 534s I960 ser B M&S Buffalo A Susq Iron 5s 1932 J&D (Burmelsfcer & Wain (Copenhagen) 15-yr s f extl 6s 1940——J&J Bush Term 1st 4s 1952——A&O Cons g 5s Jan 1955 J&J Bush Term Bldgs 1st 5s '0O-A&O By-Products Coke Oorp— 1st M 534s 1945 ser A M&N Oady Lumber 034s 1939 —M&N / California Packing Corp— 1234 97 82 15 27" §5"" 27 30 "i" s f 6s 1934— F&A RR. 1034 1034 1334 1334 32 3734 3034 3034 32" 32 82 83 50 Aluminum Go debs 5s 1952.M&S 92 f debt 5s '48-J&J 69 9234 72 78 83 25 35 Canada 23 33 American Beet Sugar Go— Oonv s f deb 6s 1935 Amer Ohatn deb 6s Amer & Continental Amer Oyanamld deb Amer Ice Go deb 5s ' F&A 1933—A&O 5s 1943 6« 1942.A&0 1953—J&D _ 1934 7834 75 68 78 54 6734 55 68 69 5-yr 834% notes 1931—J&D 1939-A&0 10 534 634% g notes Apr 1 1934.A&O American Meter 6s 1946 ... American Piano 6s 1935 ----Amer Radiator deb 434s '47 M&N American Rolling Mill— 5334' J&J 27 8634 _ Sinking fund deb 5s 1948—J&J 434% notes 1933 .—M&N Amer Seating conv 6s 1930—J&J Amer Sendee deb 634® 1934.-J&J Amer Smelt & Ref 5s 1947..A&O Amer Solvents & Ohem Oorp— S f deb 634" 1936 with warM&S Amer Sugar Refg 6s 1937—J&J Amer Thread 1st 534® 1938-M&N 4834 59 43 3 8534 1634 101X 0134 4s 1951—F&A 89 Amer Type Fdrs deb g 6s '37-M&N Deb gold 6s 1939 M&N Deb gold 6s 1940--—----A&O Amer Wire Fabrics 1st 7s 42M&S 99 Am Tobacco deb 90 1 7034 38 *39.J&J J&J 35 Amoskeag Mfg 6s 1948 J&J Anglo-Chilean Gone Nitrate— 56 Amer Writ Paper s f 7-6s 1st 6s 1947 — _ Armour & Go of Delaware— 83* 1st mtge 6s 1941 Oomm'l Credit 6s 1934 gold 434® 1939 opt——J&D Armstrong Cork deb 5s 1940-J&D Arnold Print Wks 6s 1941.-A&O Asbestos Oorp of Can 5s 1942. J&J Asbestos Oorp Ltd 1st 6s 1941.J&J General 6a. 1956-———J&J Associated oil 6% notes '35-M&S Associated Simmons Hardw Cos 634% gold notes 1933 J&J Atl Fruit & S8 deb 7s '34—J&D Certificates of deposit Gtfs dep stpd stk Instead of bds Atl Gulf & WIndies SS Lines— Ooll tr g 6s Jan 1 1959 J&J Atlantic Refln deb 5s 1937—J&J Atlantic Steel 1st s f 6s 1941.J&J 7834 Atlas Plywood Corp— Oonv deb 534® 1943——M&N Autocar Go. 1st 7s 1937-—M&N 79 57 65 10534 32 33 Without warrants Bavway Terminal— 1st m 634s 1946 Beacon Oil deb 6s 1936—. J&J Beattle Sugar 734s 1943 & O 6s '44—J&D Beld'g-Hem'way6% notes *36 J&J Belgo-Oan Pap 1st 6s 1943.J&J 934 .V:' : v • . 38 40 92 9234 7934 5434 Domin Coal 5s "40 op *10—M&N Dominion Glass 6s 1933—- J&D2 Domln Iron & Steel— Con 5s '39 (currency series) M&S Dominion "Tar & Chemical Co— S Deb s f 6s 1949 ser A J&J 2 96 r 84 Driver Harris Co— 1st mtge sink fund 6s 1942-J&D Eastern Cuba Sug 7 34s 1937 M&S 45 96 -5 434 10 20 Ctfs—F&A 034s 1931-J&D 97" Empire Oil & Refg Co— 34 35 1st & col tr 534s 1942—A&O Ermita Sugar 734s 1942 ErnestoBreda 7s'64 with war F&A 8734 7%notes 1931 with warr_. J&D Without warrants 12 9134 9234 73 1st 17s 1967 serO Fabrics Finishing Corp— 5434 55 1st m conv s f 6s 1939 Fairbanks Morse & Co- 83 9234 3 5134 30 2934 26 M&S J&J / .— 53 Sink fund deb 5s 1942——F&A Famous Players Canada Corp— 1st s f 6s 1948 ser A Without warrants 70"" 2134 24" 34 34 36 74 60 4634 European Mtge & Invest— 1st 1 734® 1950 ser A M&N 1st 1734® 1966 ser B F&A 65 66 . J&J A&O 20-year deb 634® 1948—A&O Farmers Mfg Oo 7s 1043—M&S Federal Sugar 7s 1933 Federated Metals s r 7® '39 J&D Fiat s f deb 7s 1946 -J&J 15~ 3 75 8034 Firestone Cotton Mills 5s "48M&8 '>?: 74 Firestone Tire & Rub (Can) 7s 1937 Firestone Tire & Rub of Calif— 7634 Sf 5s 1942 M&S 2034 Fisk Rubb Co 1st 8a 1941—M&S 65 / 25" 9334 95*" 91 9634 Fisk Tire Fabric 634s 1935—-J&J Fleischer (S B & W B) 6s 1939— / Certificates of deposit / 8834 8934 Flour Mills of America Inc— Conv g 634% notes 1940-A&O 3234 36 Foreign Power Secur Corp— M&N 1st col tr 52 6s 1949 ser A J&D Fox Film Corp deb 6s 1930&A&O 10534 40 Framerican Ind & Dev Corp— Deb 734s 1942 J&J 66 62 M 105 conv —— — 83 89 91 Francisco Sug 734s 1942-M&N15 Fraser Co deb 6148 1942 A&O French Nat Mail SS Lines 6s '52 16 Frlck-Reld Supply 6s 1943—J&D 67 74 78 Fruit Growers Express— 12 16 Equip 5s Oct 15 1932-1938 7% Oonsol Tobacco 4s 1951 95 Deb 5s 1943 with warr—J&D Continental Oil Oo— Deb 534s 1937 M&N Continental Roll & Steel Fdy— 75 83, 9934 10034 934 1st M conv 15 3 7834 80 88 75 15 i 22 9534 98 * 78 -— Consumers Co 1st 6a 1940-— J&J Container Oorp 1st 6s '40-J&D15 78 4 ^ Gannett Co deb 6s *43 ser A. F&A Oarlock Pack Co deb 0s '39.A&0 onsol Publishers, Inc— Osnsol Coal 434® 1934 opt—M&N 1st & ref b f g 5s 1950J&D 33 a 87 88 J&D Continental Sugar 7s 1938—-F&A Corn Prod Ref 1st g 5®1934-M&N Corporation Securities Co— 5% serial notes 1932—-M&S 5% serial notes 1933 M&S ■6% serial notes 1934——M&S 5% serial notes 1935-—-M&S Oosgrove Meehan Coal 934s 1954Crane Co 6% notes 1940F&A Credit Alliance Oorp— Deb 534s 1938 witn warr.M&N Crowley, Mliner & CoDeb s f 534s 1937 M&N a f 6s 1940 Crown Cork & Seal Co, Inc— 20-year sink fond 6s 1947—J&D ''/v:/;ik ' ■ j Gelsenkirchen Mining Oo— n 85"" / This price Includes accrued interest I In London, n 34 M&S 6-yr 6% notes 1934 42" 1934 3334 20 3434 Genera! Amer Tank Oar Corn— 30 32 1134 15 Equips 3491932-1934 -M&N Equip 434s 1942 — -F&A Eq ir 434s 1932-45 J&D Gen Amer Transports System— Eqtr 434s 1932-'40 (yr)—M&S b Gen Baking deb 534® 1940.-A&O General Bronze deb 6s 1940M&N 8034 83 32 -334 10134 General American Investors Inc— ; 102 General Cable 7634 F&A Deb 5s 1952 ex warr 40 534 90 7.50 7.50 95 32 Oorp— 1st mtge s f 534s 1947 ser 4534 A.J&J 434 534 General Cigar serial 6s 1935-J&D 100 4 5 Gen'l Elec 334s 1942 opt—F&A Gen Elec (Germany)7s'45.J&J15 Deb 034® 1940 J&D 35 4 5 4 5 5 75" 75 7634 7134 Deb s f 6s 42"" 32H M&N 1948 General Indus Alcohol— Oonv deb 0 34s 1944 M&N General Laundry Mach'y Corp— Deb 034s 1937- 52 V General Motors Acceptance Corp Sink fd gold deb 0s 1937—F&A 8234 88 7534 Deb 6s 1940 with warr—-M&S k Last sale. 70 , 38 ■ , ■.« 4 Eastern Steel 5b 1931 10-year coll tr 6 Ha 1930—-J&J vonsol Textile 1st 8s 1941 J&D 94 36 , 35 Dodge Bros deb 6a 1940 M&N Dodge Mfg l«t 7s 1942 J&J Dold (Jac) Pack let 0s '42-M&N Dominion Cannera 1st 6s '40 A&O Elk Horn Coal 1st <334 % notes April 15 1930-A&O Oonsol Mach Tool 7s 1942—J&D / b Basis. 62 f 0s Oct 15'60 A&016 8634 9134 89 7234 Stock Exchanges a Certificates of deposit — Consolidated Laundries— — Beech OreeK O 55 ' 65 M&N 90 6% note'32(Am part ctfs) M&S Deutsche Rentenbank— ' Balaban & Kats Oorp— 534% notes 1932 M&N 634 % notes 1933-38 M&N Baldwin Locomotive Works— 3-yr 534% notes 1933—M&S 1st g 5a 1940 —.—M&N Baraqua Sugar (Oomp Asucarera Baraaua> 734s 1937—-J&J 15 Certificates of deposit Batavian Petrol 4 3$ a gu 1942 J&J Bates Valve Bag Oorp— Deb s f 6s 1942 witn warr.F&A Second stamped Denver Un Stk Yds 5s 1940—J&J Deutsche Bank (Berlin)— Stamped Deb g 534s 1948 ser A..M&S Computing-Tabulating-Rec Co Sinking fund gold 6s 1041-J&J Connecticut Coke 5s 1948--M&S Oonsol Agric Loan 634s 1958 See Ger & Com Bks (For Govts) 14"" 12 J&D / 5 34 % notes'37 (Am part ctf)M& N Commonwealth Subsidiary Oorp- 69 56 57 65 85 Corp— Conv deb 534 s 1949 F&A Oommers-und PrivatrBk(Germ'y) _ 6734 90 .... Ooll trsf 534® 1935 J&J Oomm'l Invest Trust Oorp— Conv deb 6s 1948 M&S 16 10 ii 8134 104M F&A Donner Steel 7s 1942 J&J Dow Chemical 6% notes '40.F&A Deb 5s 1953 with warr...J&D Without warrants 10 1 4 A J&J estate_ 1st 1st M 534® 1943 ser Armour & Go—Real / ---• 2834 Deb 7s 1945 M&N Antilla Sugar 7 Ha 1939 A——J&J Certificates of deposit......— — OO Dominion Textile 6s 1949 Donnacona Paper— 1st s f 634* 1948 ser A __ Caterpillar Tractor 5s 1935 Central Foundry May 1931-F&A 5834 Central Steel 1st 8s 1941— M&N Certain-teed Prod Oorp— §5" Deben s f 534® 1948 M&S 87 Cespedet Sugar 1st 734® '39-M&S Chapin-Sacks, Inc— 50 Coll tr sink fund 7s 1934-J&D 60 Chateaugay Ore & Iron— 44 Guar gold 4s 1942 J&J 5 Chesapeake Corp— 86 Conv col 5s 1947 M&N15 Ohlc Jet coll tr ref g 4s *40-A&O 25 Ooll trust ref 5s 1940 A&O 10134 Chic Pneumatic Tool Co— 9334 Deb s f 534sl942 A&O Chicago Stock Yards 5s 1901 Childs Co deb 5s 1943 A&O 9334 Clearfield Bit Coal 4s 1940-J&J 77 Small series B 1940-——J&J 42 Colon Oil deb 6s 1938 J&J Col Fuel & Iron a f 5s 1943—F&A 30 Oolo Indus 1st 5s A & B 1934 F&A Columbia Sugar 734s 1932 f: 60 Osmmander-Larabee Oorp— 58 93 §5" 3534 mmmm American Metal Go Ltd— 78" r ' 12 10334 6434 7334 69 5a Wayagamack series.. Capital Admin Corp— Amer La France Fire Eng Go— Am Macn & Fdy s f 6s 60 .... 1956 M&S Canadian Power & Paper— 25-yr guar ser 6s 1937 ser DD De Bardeleben Coal 1st mtge 6s 1953 Farm Ln 6234 6834 Amer International Oorp— Oony 6Mb 1949 .—J&J 8234 SS L deb 5« '43-F&A15 1st M 6s 1949 Canadian Nat Steamships— 6934 Amer IG Ohem Oorp— Oonv deb 534® 1949 .....M&N 65" 8234 J&J M&N F&A Oamagney Sugar 7s 1942 A&O 15 Can Cement 1st 534« 1947-M&N 30 77 52 P 98 Dairymen's League Co-oper Assn w Oons deb 5s 1940 . 1H Certificates of deposit Stmpd with stk purch warr Certificates of deposit Oudahy Pack s f 5s 1040 J&D Dery (D G) 7s 1942 stpd—M&8 Oalif Pet deb 534s 1938 Oonv ■ f deb 5s 1939. Amalgamated Sugar Go— 1st s f 7s 1937 A&O Amer Aggregates Oorp— . Deb 6s M3 ser A with war.F&A Without warrants Cuban Dominican Sugar Co— let lien s f 734s 1944 M&N 0s 1935 1st & gen m 6s 1941 sot A.A&0 Oanad Oons Rub 6s 1940—A&O Canadian Cottons 5s 1940—J&J2 Canadian Internal Paper— s 234 J&J Cuba Cane 8ug deb 7s 1930. -J&J Oonv deb 8s 1930 J&J Sink fund deb g 534" 1937 A&O Ouyamel Fruit 1st 6s 1940 -A&O „ .1. & 48 Aluminum Ltd 9634 95 i Alberta Pacific Grain 6s, 1946 Algoma Steel 1st 5s 1962—.A&O Allied Packers deb 6s 1939—J&J 1st M & coll tr 8s 1939 J&J Allls-Ohalmers MfgOo— 9234 , 234 61 M&N M 6s 1933 Ala Steel & Shlpbldg—See Tenn Alaska Gold Mines deb 0a'25M&S 9534 Purch money 5a Bid. Bonds. Cuba Cane Products— Deb 6s 1950 78 91 1936-—J&J Penn-Mary Steel 5s 1937-J&J Bluff Point Land Impt Go— 1st mtge guar 4s 1940 J&J Bohemian (First) Glass Works— 1st 7s 1957 without warr—J&J 99 AsA, 7534 1946——-M&S Oonv deb 6s Beth'm St 1st 1 & ref 5s '42.M&N Abbotts Dairies deb 6s 1942.M&S Abitlbi Pow & Paper— Alabama Mills 1st 6.4s *43 A A&O Bid. Oorp— Nominal, SS^ 70 a 5% serial notes 1933 —M&S 5% serial notes 1934— M&S 5% serial notes 1935———M&S 5% serial notes 1936 —M&S Gen Petrol 1st 5s Aug 15 1940 Minimum price established — on 10134 100 9834 9734 97 100 Montreal or Toronto & MISCELLANEOUS INDUSTRIAL 84 m — m *m _ » m . lii _ . €t£ft ..IUaJ . . . Ask. Bid. Bonds. 24 28 60 52 3 1948 w w_ JAD General Refractories Oo— 2-year 5% notes 1933 M&S Gen Stl Oast 1st 6)4s 49 WW JAJ Gen Bayon deb 6s 63 53)4 3)4 " Razor— Debentures 5® 1940-.----AAO Glidden Oo5M% notes'35 J&D Gobel(Ad f)6 H% notes 'SS M&N Godchaux Sugars 7)4* 1941—— Good Hope at A Ir Wks (Germy) Gillette Safety 91 % 9154 72)4 74 67 fiQ 65 70 27)4 32 75 lt% 4454 74 7JX 24 52 Ground Grlpper Shoe 6s 1944—— Gulf Oil of Pa deb 6s 1937—JAD 94 sinking fund deb 5s 1947—FAA Gulf States Paper Corp— 1st s f 6Ha 1943 with war.JAD Ha 42 JAD 9454 93)4 92)4 33)4 _ 70 Printing Co— 1st m A col tr 5)48 47 Inti MAN Ham-Am Line 6H® eQ 32- 40 JAD Hanna (M A) Co deb 6s '34.FAA Hansa Steamship Lines Hall (P W) 75 35)4 70 90 75 45 93 1154 15 * 37 101 40 45 85 88 84 88 4% 89 9954 JAJ 1933 1st A ref 6s 1934... 1st A ref 5s 1944 1st A ref 5s 1954 i-. FAA FAA FAA FAA FAA 1st A ref 5s 1964™ 1st A ref 6s 1974- 55" <01 I 1st M s f 6a 1942. AAO Iggett A Myers g 7s 1944..AAO Gold bonds 5s 1951. FAA vyvuuuj vvoi |■ warr—AAO Harpen Mining Corp— 32 09 5-year 5% notes 1936—-A&O Hayoca Corp 6s 1937— —— Haytlan Corp 8s 1938---------Hoe (R) A Co 1st 6)4* A.'34 A&O Holland-Amer Line 6s 47-M&N Hollinarshead (RM> Oo 7s *38 FAA f 60 Holly Sugar 6s 1943 Hood Rubber 7s 1936—---JAD Cony 5 H % g notes 1936A&G 15 Houston Oil Co of Texas— 10-yr see • f 5H« 1940—-MAN Hudson Bay Min A Smelt 6s Hudson Coal 1st 5s 1962 A—« Hudson (J L) Co- 24 65 II" 28" 15)4 10 30 27 53)4 43)4 46 55)4 57 58)4 3lH 32" 98)4 l605i 9854 Deb g5s 1937-AA< Hungarian Disc A Exch Bank— 35-yr s f 7s 1963 J&< Hungarian-Italian Bank Ltd— Sinking fund 7 Hs 1963—AA( ay grade Pood Products Corp. - 100)4 988 27 32 41 44 43)4 45)4 57 62 90 97 95 98 25)4 26)4 83 87 __ MASH Conv deb 6s 1939 Indian Refining Oo— 6H % notes 1932 -J&E nd Limestone 1st s f 6s '41 MAN Inland Steel 1st 4)4s 1978—AAC 1st m s f 4H« 1981 ser B..F&A Interlake Iron Corp— 1st m 5s 1951 ser B ...MAN Internet Agricultural Corp—_ lit A coll tr a f g 5s '32 op MAN Stpd ext to 1942 MAN International Cement— Conv deb 5s 1948 MAN 85 12 78)4 82 78 7954 44 • 90 45 ffl* 100 33 50 57 58 24 24)4 25)4 International Match Corp— f 6s 1947— MAN Cony deb 5s 1941.———JAJll i Deb • 24)4 Internat Mercantile Marine— 48)4 lit A ref s f 5s1947 ser A—JA. Ref mtge 6s 1955 ser A—MAI 30)4 uci ob juauftuiiu ot 67 6954 International Securities Corp— Deb g 5s 1947 -JAI Interstate Iron A Steel Co—__ 1st M • f 5Hs 1946 ser B.MAN Investment Oo of Amer— Deb g 5s 1947AAC Without warrants.. Island Oil A Tr 6s 26 ctfs dep... ./ laotta-Praschlni 7s 1942 with wai 51)4 31)4 65 internat Power A Paper— ■ 1st M 6s 1968 JA; Internat Salt g 5« 1951 op—AAC Without warrants 50)4 51 73 40 44 97 97 100 3)4 3 80 34 36 56 61 77)4 7854 50 A&O Massey-Harria Oo 6a 1947..A AO McCord Rad A Mfg— Deb 6s 1943 with warr...FAA McCrory Stores 5)4 a 1941.JAD15 50)4 McKesson A Bobbins Ino— 20-yr conv deb 5)4s 1950-MAN Mead (The )Oorp— 1st M 6s 1945 with warr.-MAN Merchants Refrig 6s 1937 ... Metropolitan Chain Properties— 1st conv. s f 6s 1948 MAN Metropolitan Wat Sew A DrainBoard ■ f 5%a 1950 -AAO Mlag Mill Mach'y 1st 7s 1956— 4954 50 94 97 24 20 Middle States Oil 7% notes Middle States Petrol 634* 1945.. Mldvale Steel A Ordnance— Conv s f 5s 1938 MAS Miller A Lux Inc 1st M 6s'45 AAO 94)4 38)4 7% gold notes 1935 AAO 3 Minnesota A Ont Paper 6s '48 JAJ 3 1st a f 6s 1950 MAN Monon Coal—See Chic Ind A L Ry. Monsanto Chemical Works— 90 1st s f 534s 1942 —MAN 20 52 65 100 58 with Murphy (G O) Co— 8034 80)4 1940— 21 23 12 6)4 Nat Acme Oo 1st 6s 1942...JAD Nat Dairy Prod 5)4* 1948—FAA National Fire Proofing CoDeb s f 5)4* 1947 MAS Nat Food Products 6s 1944 National Radiator Corp— 90" ii 64" OH a vfirc AAO 80 OH 90 JUUUIUOT OB ser A / 77 18 22 90 Koholyt Corp 6)4« 1943... 28 6 5354 32)4 N Y Evening Journal— 1st m A coll tr 6)4s 1932. 87 82 76 > Ctfs of deposits.. Keaeger A uuiwo, J X uu ILC UltlUUU! and Toronto Stock Exchanges. 55" 39 95 78)4 78" 58 65 67 66 Deb 5%s 1948 with 1 N Y A Etob Fy 5s May' 60 Hoboken Ferry 5a 19 N Y A N J Ferry—5s 70 70" NYLSAWOA RR- 90 80 66 % New York Trap Rock Corp— 1st M s f 6s 1946 J North Amer Car& >& 84)4 19)4 6754 9% 9% ?8 20)4 North German Lloyd— 20-yr sf 6* 1947— 26 28)4 93 18)4 95 82 30)4 95 b 9% 90 Ref A Imp 534s *'fl Nova Scotia SAO k Last sale, n Nominal, 75 80 14 1854 13)4 Certificates of deposit Tranap Co— S f 0s 1934 Panhandle Corp— 101)4 MAN 2-yr 6% notes Mar 15*33 MAS15 Paramount Fam Lasky Corp— 20-yr s f g 6s 1947 JAD Paramount Publix Corp— Sink fund 534s 1950 FAA Park A Tllford s f 6s 1938—JAD 40 10 72 15 78 39 Path Ex deb 7s '37 with war MAN Pea body Coal Oo (Oonsol Oo)— 1st • f 5s 1953 ser A MAN Penlck A Ford 6)48 1943 JAD Penna O A O 1st 6s '32 op—JAJ Penn Mary Steel—See Beth Steel Pennsylvania-Dixie Cement Corp 1st m s f 6s 1941 ser A.MAS15 Penn Dock A Warehouse Oo. L'hold ■ f 6s 1949 w w—.FAA Pennsylvania Glass Sand Corp— 1st M s f 6a 1952 JAJ Penn Greyhound Lines, Inc— 5)4% notes 1932-1935——AAO Phila A Read O A I 5s 1973..JAJ Conv deb 6s 1949 MAS 45 39 Parmelee Transportation Co— S f conv deb 6s 1944——..AAO Pierce OU 8s Dee 151931—JAD15 Pine Hill Collieries 1st 6s 1942—. 41 §5" 41)4 43 82 85 95 .97 67 41)4 67)4 4154 54)4 56 .... Io"' / 15" lOO" 99 ft* 40 88)4 Pittsburgh Coal Oo— Sinking fund deb 6s 1949.F&A 78 80 50 Pittsburgh Screw A Bolt Corp— Deb » f g 5)4* 1947 JAD 60 70 -FAA 80 84 s f 6s 1948— 60 JAJ 80 Port Alfred Pulp A Paper Corp— 1st M s f 5)4« 1957 ser A.MAN Port Arthur Canal A Dock— 1st 0a 1953 ser A FAA 1st M 6s 1953 series B FAA Porto Kican Amer Tobacco— Conv 6s 1942 JAJ Potrero Sugar 7s 1947-MAN15 Without warrants .... 85 r 79) 79 35 38)4 "5" 12 JAJ 68 50 75 53 Procter A Gamble 4)4sl947 97)4 98 H Provincial Bank of Westphalia 6s 1933. Prudential itefg 1st 034« '43. JAD 85 95 5 T Pressed Steel Oar 6s 1933 Protestant Church of Germany— 734* 1946 4 1 4 AAO 1 3 72 73 66 73 86 75 90 97 S f conv deb 6s 1944 88 5.75 5.75 7% 5.50% 5.50% AAO Reliance Mgt Oorp5s 1954—FAA Remington Arms 0a 1937—-MAN 534% notes 1933 MAS Remington Rand, Inc— Deb 534* 1947 with warr.MAN Republic Brass 1st 0s 1948-JAJ Repub Gas Oo (formerly Saxet Oo) 1st lien cnll 6s 1945 J&D15 Certificates of deposit Republic iron A 8t*l os 1940 AAO Ref A gen 534* '53 ser A..JAJ Republic Motor Truck Co, Ino— Deb 6)4* 1937 with war..JAJ Revere Copper A Brass— 1st inc 6s July '48 ser A—MA Reynolds Invest 5s 1948 Rheineibe Union 7s 1946 JAJ Rhlne-Maln-Danube 7s 1950 MAS Richfield Oil of California Col tr 0s 1944 ser A MAN Ctfs of deposit Rlma Steel Corp 1st s f 7s '55 FAA 6454 7454 71 z¥x 78 44 45 14)4 14 80 58)4 60)4 30 35 56 24 25 70 27 29 39)4 41)4 14 118 16)4 32)4 38 Rlordon Pulp A Paper Ltd— 1st 6« June 80 1942 JAD30 Recti A Pitts O A I 5s *48—MAN Rocky Mtn Fuel 5s 1943 Rogers-Brown Iron 5s *32-'40-JAJ Gen A Ref 7s 1942 —MAN 1454 s 65" 70 40 82 Stamped.. 95 I 62)4 64 r r 10134 44 ..... — Toll— I if 78 82 85 92 90 > 75 Pan-Amer Petrol A Radio-Keith-Orpheum Corp— Part pd ctfs (for 6% deb and 75 common stock) 50% paidRailway Express Agency inc— Serial 5s '32-'38 (s-a) MAS 60" Series 5s *39-'49 (s-a) MAS Reliance Bronze A Steel Corp— 76 C oppers Gas A Coke Oo— r 65 72 65" 50 56 45 30 40 67 63)4 10-yr 5)4% • f notes "37—FAA 10-yr s f 5)4 % notes '40-MAS Purity Bakeries 5s 1948.....JAJ Quaker City Tank Line— 5Hs 1932-1938. 76)4 New Niquero Sugar 7s 1932 New River Oo 1st 6s 1934— 80 86 JLUOO Pacific Western Oil Go— S f deb 634* 1943 with warMAN Chase Nat Bank ctfs dep 7o gold notes 1930. Pure Oil Co— 5:: , MAN National Theatre 634> 1942 / National Trade Journals Inc— 80 4554 MAAXUf 14 90 Kimberly-Clark Corp— 1st mtge 581943 36 Empire Tr certificates dep.. Bankers Tr certificates dep XVf 75 75 36 20 ....... ........... — 9 Kentucky Rock Asphalt— unjjBtuuo 94)4 33 FAA National Steel Corp— 1st s f 5s 1956 National Tea 5s 1935 50 34 Punta Alegre Bug s f 7s 1937 JAJ Oomm'l Nat Bank ctf dep... 89)4 f 634s 1947 53 51 54 Price Bros A Oo 1st 6s '43 A.FAA - 75 85 50 61)4 7J" 78 50)4 20 49 u U Murray Body 1st 6)4s 1934. J AD Namm (A I) A Son—See Mfrs Tr Co""" Nassau (Ger) Landbank 634s 1938 s 57% 49 1834 Exp Eq—See So Pacific Oo. 6534 Pacific Invest deb 5s 1948 JAJ 1st gold 5s 1957 op Poor A Oo 08 1939 40)4 warr 22"" 5634 Pittsburgh-Westmoreland Coal Steamship Line— Deb 6?4s 1937 98)4 1st i f g 5s 1947 opt......MAN Pocahontas Oonsol Collieries— 95 77 H Secured 6s 19371———JAJ r 20"' 86 Pao Fruit Pitts Steel (Societa Gen Ind Minerarla, Italy)deb 7* *37 JAJ 76 72 18)4 im\j 3854 6 N Y Dock Co—1st g 4s *61-] 15"" 65)4 If* Montecatlnl Without warrants Morris A Co 1st s f 434> '39-JAJ Mtge-Bond Oo 4s ser 2 '68.AAO 18 PiUsbury Flour Mills 6s 1943 AAO Pirelli Co of Italy con 7a '52MAN Plttsb Brewing 6s Feb 4 '49—JAJ 6 New Eng Na av—SeeN YNHAH RR. s ilH 24 82 Phillips Petroleum Oo— Sink fund deb 5Ha 1939-JAD Pick (Albert) A Oo deb 0s *36 JAJ Pierce Butler A Pierce 0)4« '43— 27 45)4 65 75 muw 80 Newberry (J 64 "6)4 6 78 Mfrs Tr Co ctfs of partic in A Namm A Son 6s 1943 JAD Marlon Steam Shovel— Kapetnna Service Corp-— Sink fund 7s 1938 MAI Karstadt (Rudolph) Inc— Muuau 100 100 97 Mansfield MinASmelt 7s '41 (ww) Manufacturers'Finance Oo— Col tr 6% notes 1935 AAO Munson JAD —— ... Ontario Steel Products— 1st s f 6s 1943 JAJ2 Oregon-Am Lumber 6s 1942AAO Oriental Devel Oo Ltd— Extl deb 6s 1953 ..MAS 15 Extl deb 534* 1958 MAN Osgood Co deb g 6s 1938-i—JAD Oswego Falls Cora 6s 1941— Otis Steel 1st 6s 1941 ser A.MAS Pacific Coast Co g 5s 1946—JAD 321 86 H 6% conv notes 1938 MAN Certificates of deposit Nat Union Mtge 6s 1946—. 99 uo 102 106)4 ..... Journal of Commerce 6H> 1937— 117 10554 Magnolia Petrol Deb 434s 1933 FAA Deb 434 s 1934 FAA Deb 434s 1935 .FAA Manatl Sugar 1st 734a '42..AAO 1 Stpd Oct 1931 coupon Deb 1st M coll trust 6s 1941..AAC international Paper— v B Ask. 20 r 100 r loo r 100 Palmer Corp of La 1st 0s1948J AD Pan Amer Indus Corp 1st 7* 1937 with com—....... Pan Amer Petrol Oo (of Calif)— 1st conv s f 6s 1940 J&D15 xP1A- lard (P) Co g 7s 1944..AAO ins Steel 1st M g 8s '40 MAN Deb 6s 92)4 42)4 39)4 23 8554 With warrants.. Independent Oil A Gas— ■ 1 101 1st mtge s f 6s 1947 .... I 1 11554 / JU 40 0t11011111yi£tvli Certificates of deposit. 6s with war for Am shs—JAJ Hartford Times 6s 1943 ..... Hawaiian Pineapple Co Ltd—■ ■ 84 ■ 20 54 16 6%notes'33MAS 10-yr 6s 1939 with 40 40 "r Gulf States Steel deb 6 11 83 83 Great Lakes Paper Co Ltd— 1st s f 6s 1950 ser A—---MAS / GreyhoundOorp 10)4 Deb g 5 Ha 1942 AAO ehigh Coal A Nav fund 4s '48 JAJ Cons s f g 4)48 1954.....JAJ Cons s f 4%a 1954 ser 0.. JAJ ehlgh Valley Coal— 1st 5s gold guar 1933— JAJ 1st 40-year guar Int red to , 7s Oct 15 1945---A&015 Goodrich (B P) 1st 6 )4* 1947Deb g 6s 1945—— Goodyear Tire & Rubber— 1st mtge coll tr 5s 1957—MAN S f g Bid. Series O........ Old Ben Coal 1st 6s 1944 FAA Oneida Community Ltd— S f 634 % notes 1939 with w JAJ 46 warr.MAN Nitrate Oo— 1st conv 6s 1954 with war..JAJ Uautaro /Awrence Portland Cement Co- Cable 7s 1945-German Bldg 3c LandBk 6)4s 1948 G esfurel—See Public Utilities German Atlantic bonds* O'Gara Coal 6s '55 op aft'08 MAS Series Bryant Inc— 8 f deb 6s 1940 with dU Ogilvle Flour Mills 6s '32 let A coll tr gold 6« 1944.. JAD Gen Theat Eq deb 6s 1940-A&O Gen Vending 6s 1937 w w...FAA AMil MAtVtA Bonds. .... mm BONDS (M Ask. Bid. Bonds. Aifr./I "f" And Income and defaulted HOTIOI.- 25 35 Canadian prices, t Sale price, su f Minimum price established on Montreal INDUSTRIAL & Bid. Bonds. — 90"' 20 74 40 25 21H 23H 66 _ 30 awv J&J Ryerson (Joseph T) 4c Sous— Sink fund deb 6a 1943 M&N St. Joseph Lead Go— Oonv deb 5Hs 1941 St Lauia Gaa & Ooke Oorp— 1st M a f 6 s 1947 J&D St Louis Refrig & Gold Storage— 6sl942 St Maurice Valley Oorp— 79 82 15 16 90 80 1st extl a f 7s 1946 F&A Gen & ret 6Xa 1951——M&N iW 45 50 87 Guar sif 6Hs 1946 ser B. A&O 60 fcrfppa (R W) deb 5Hn 1943 F&A Scufifn 60 34 Steel 1st 6s 1941 A&O Securities Oo N Y 4s con«..M&8 _ P 36 50 61 66 50~" 40 S^nrlty Mtge 6a Sept 1 '45 ser B 6% bonds Apr 1 1946 ser F Seneca Copper 7s 1933 Sorrel Oorp (new) 6s 1948 Sharon Steel Hoop— 5Hs 1948 ser A F&A 53 53 lo"" 5 66 H 73H 36 38 58 58 59 X Deb a f 5a 1947 M&N gob s f 6s 1949 with warr.A&O 59X Shell Pipe Line Oorp— 62 JDebsf 6a 1952 Sheridan-Wyoming Goal M&N Go— 1st. f 6s 1947— „„J&J Shults Bread 1st 6s 1940—-M&S .. 1 65 i i i i OS ICO Siemans&Halske 10-^78*35—J&J Siemens & Hal-Siem-Schuck— Deb g a f 6Hs'51with warM&S 1 1 98"" 59 gkeUv OH deb 6X» 1939—M&S 59 101 % 88X 89 97 95 69H 101H J&D 55 60 6% conv gold notes 1932. M&N 30 32 25 101 65 30 94 75 40 6% gold notes 1942 M&S Southern Advance Bag & Paper— 84H 1st s f 6s 1947J&D Southern United Ice Oo— 6s 1947 with warr ...A&O 52 „ 85 54 A&O Spruce Falls Power & Pap, Ltd— 80 (s-a)—A&O Staler (A E) Mfg 1st 6s '42.M&S Stand Oil (N J)deb 5s Nov 151946 Stand OH N Y deb 4«s,61 J&D15 Stand TextOe Prod 6 Ha *42 M&S Btarrett Invest sec 6s I960..A&O Steel Oo of Can 6s 1940... J&J Steel & Tubes deb 6a 1943..M&S Stlnnes (Hugo) Oorp— Gen 7s *36 (without war).A&O Stlnnes (Hugo) Industries— Deb 7s 46 (without war.)A&O Strauss (Nathan) Inc 6s 1938 65 90 68 101X 55X 76X 75" 77X 22H 95X 95X 90 97X 95 75 78 99 90 99H 99 H 102 H 91X 27 28 X 23 24 70 72 49 H 52 X Strawbridge & Clothier— M&S Titusville— 1st 100H 17H 19H 89 65" 70" 34 35 Nominal, r 42 10 —- 21 22 99 X 99X 55" 58 H 10 10 10 18" 65 12 3X 2X 5 2H 6 2X 2X 55 60 89X 90 84 84H 64 64 10 14 52" IIO • • . t. 88 91 68 X 70 67 _ J&J .A&O 65X Exch—1,3758100.000 NY Cotton Exch— N Y Oof & Bug Ex. N Y Curb Exch__Baltimore Stk Exch Boston Stock Exch. Buffalo Stk Exch.. 66" 40 X 42 26X 32 27 28 30 Kan City (Bd of Tr) Los Ang Stock Exch 29 Los Angeles Ourb Ex 27" 35" LoulsviHe Stk Exch aMUw Grain & Stk Minn Oh of Comm. Minn-St P Stk Ex. 20" nx Valvoline Oil 7s 1937 ..M&N Vanadium Oorp. of Amer.— Oonv deb 5s 1941 .A&O Van Camp Pack.—6s 1948 Van Slyke & Horton 7s 1938— Vertlentea Sugar lat 7s 1942.J&D Victor Fuel 1st s f g 5s 1663..J&J Va Iron Goal & Ooke 6a '49.M&S 19H Montreal Stock Ex. 15 New Orl Cotton Ex New Orl Stock Ex. 56 450 344 550 87 139 36 ,1.600 14.500 4,000 30,500 A rOmaha Stock Ex . 217 74 88 29 284 650 62 66 600 70 28 600 92 4 10 48 6 22 5,750 130 1.250 17H 85" 24 90 25 1,250 500 30.000 2,500 750 206 Plttsb Stock Exch. ePortl'd Stk&Bd Ex 115 19 St Louts Exchange. Salt Lake Stock Ex. San Fran Stk Ex... 60 2,000 cl.000 15.000 500 3",500 San Fran Ourb Ex. 20 20 6,600 4,000 8.500 5.000 Phlla Stock Exch.. 45 1,400 3,606 9.000 Chicago Bd of Tr—1.592 6.700 Chicago Stock Exch u470 u4,000 Cincinnati Stk Ex.. 50 12.000 Cleveland Stk Exch 41 1,600 Columbus Stk & B. 12 500 Denver Stock Exch. 19 to Detroit Stock Ex 90 tol0.500 Ft Worth Gr & Got 66 f 1,000 Hartford Stk Exch. 20 t3,500 65" Universal Pipe & Rad 6s '36-J&D Universal Winding Oo 7« '87-J&J Commerce ofn Milwaukee changed Its fcDast sale, 34 63 No. Last Sale N Y Stock Seattle Stock Exchl Seattle Ourb & M.f Toronto Stock Exch Washington Stk Ex (Wheeling Stock Ex Winnipeg Gr Exch. wmb0£ __ F&A f 5s 1978 ser A N Y Produce Excb.l ,577 83H M&S m ■ 15 Esch-Dudelange a f 7s '61. A&O United Stores Realty 6s'42.A&0 J&D16 J&J a 1st m 6s 1970 ser B 6Hs 1947 with warrants— J&J United Steel Wks of Burbach Without warrants Ward Baking6s 1937 WarnerBrosPict 6a 1939 0H% notes 1934 Youngst 8h & Tube— 100 19 — loix 33 37 60 EXCHANGE SEATS. 8 84 Walworth Oo 1st 6a 1945—A&O Deb 6Hs'35 ser A with war A&O 26 Wilson & Oo Is* 6s 1941 A&O Winch Repeat Arms 7 Hs *41 .A&O / Certificates of deposit —..... / Wither bee Sherman 6s 1944-.... Wood (Alan) Ir & St 6s 1944 Woodward Iron 6s 1962 YeUow Mfg Accept Oorp— 20 J&J serial notes 1932 M&S serial notes 1933—M&S aerial notes 1934—M&S aerial notes 1936—M&S serial notes 1936—M&S serial notes 1937 M&S ser la notes 1938—M&S 6H % serial notes 1939 M&S 6X% serial notes 1940—M&S 3-yr 6% notes 1933——.J&D Deb » f 6s 1940 M&N Wlckw Spencer Steel 7s *85— J&J f Certificates of deposit—— f Wlckwlre Spencer Steel Oo— Pr lien & coll 7s Jan 1935-M&N Certificates of deposit——— f Wieboldt (W. A.) & do. 5Xa *89. Willys-Overland 1st 6Hi *83 M&S 16 6H% 6X% 6 X% 6 X% 6H % 6H% 6X % 914 10 _ 17 USA British Interna t Ltd— Deb g 5» 1948—— ..M&N U S Printing 6% notes *35—A&O U S Radiator deb 6s 1938—F&A U S Robber— 1944..——F&A White Eagle OU & Ref Oo— S f deb 6Hs 1937 M&S15 Without warrants.. Wheeling steel Oorp— lst&refsf 5Hs 1948 ser A. J&J 1st & ref s f 4X& '63 ser B.A&O White Sew M 6s '36 with W— J&J Without warrants ----- (Germany)— F6Hs 1951 with warr.J&D O — 29 103 Western Elec deb 6s 1944—A&O Western Newspaper Union— Oonv deb 6s 53" 97" 55 22 H Feb 1 1935 Ser O A&O 70 a 10-yr deb 7s 1935 ex-warr M&N Ulen & Oo deb 6a 1944 F&A Union Gulf Oorp— OoUtrsf 5sl950 J&J Union OO Oo of California— 6a May 1 1942 Ser A F&A Valspar Oorp.conv.deb 6s'40 F&A 24 24 r ♦. 75 59 Deb 6a 1945 A&O Union Refg Tr Eq 5s 1932-1940.. On T'k Oar eq 4Hs '32-,36-A&0 United Biscuit of Am 6s '42.M&N United Drug5s 1953 M&S15 6a 1932 A&O 6a 1933..— A&O Unit OU Prod 8a '31 ctf dep J&J25 United Industrial 1st 6s 1945. J&D M&S 5H% notes 1937 M&S Webster O&O 1st g 5s '42 ou M&S W Va Goal & Oo 1st 6s 1950-J&J / / Otfs of deposit —— 26 1953—M&N15 1st & ref 6s 1947 Ser A Solvay Amer Inrest Oorp— Btruthers Wells QHa 1943— 20 100 92 64 H s Stpd (July 1930 coup on) 1939. / Warren Bros Oo— Oonv s f deb 6s 1941 Series Smith (A O) Oorp 6Ms '33,M&N Smith (Howard) Paper Mills Ltd f 6s 1948 90X United Steel Works 96 H s 89X 21 5 a. 1st 90 f 6s 1940.M&N Oonv deb 6Hs Trumbull Steel 38 1<tar &H8 J038 ,er A J&J Sinclair Pipe Line s f 6s '42—A&O 5Hs 1932-43 89 Oo— Deb 6Ks 1941 —M&N United Porto Rlcan Sugar Oo 6X % notes'37 A with war M&S United Steamship 6a 1937..M&N 92 X m Goal 38 1st 1 coll 7s ser A 1937.M&S16 1st Hen coll 6H«'38 ser B.J&D Sinclair Crude Oil Purch Co— 6«s 1938 B—M&S Texas Oorp deb 6s 1944 A&O Thermold Oo 6% notes 1934-F&A Tob Prod 6Ms 2022—... rraylor Bng & Mfg 8s 1936——.. Trl-Utilltles Oorp— Oonv deb 5s 1979 M&8 Truax-Traer 65 65 Without warrants—, 28X Oonv deb 6s 1939.. M&S 102 Warner Sugar Ref 7s 1941—J&D — Warner Sugar Oorp 1st 7* *39 J&J 1 /•:::: 1941 -A&O Oonv deb 6s 1944 ser 47 Simmons Oo 6a Nor. 1 1944 Sinclair Oons Oil Oorp— }•<; i f 5Ha 1953 A 1951—J&J 33 war A&O Snider Packing Corporation Tenn Coal I & RR 6a Tenn Oop & Ohem 6s ' Oorp— 1st Taylor-Wharton I & S 6s '42M&S 1st & ret 7 Ha 1946 Ser A..J&J Teita (Leonard). Inc— 7Ha, 1946. with warrant 36H 45 Sgesian-Am Oorp 7a 1941..F&A Silica Gel „ note July 1 1934——J&J Line 6s 1940 Susquehanna Silk Mills— 8 f deb 5s 1938 J&D Swift & Oo 1st s f g 6s *44—-J&J 10-yr 5% notes 1940—M&S 5% S f g 5s §K®ff!£d«8te&A$B *948—M&S Shell Union Oil Oorp— ~ 4X Warner-Quinlan Oo— Without warrants 40"" 26H 28X 34X 5% gu notes July 16 ^S-J&J 15 Schulco Co 6Ha 1946J&J 5 yr 6% notes'32 with IX M&S 1st M serial fls 1932-1942.M&S Sun Maid Raisin 6 Ha 1942-—Sun OU deb s f 5Hs 1939—M&S r JAft®®11 ■ fAHa'67, B M&S LBky Mt & P 6s '66 stpd.J&J St. Regta Pap 6 Ha ,32-*34—J&D Santa AntfRug 8a 1931 A&O f Saxon Pubwas (Germany)— M Sugar Estates of Orients— 1st sf 7s 1942 Bid. Bonds. Warner Oo 1st 6s 1944——A&O With warrants..... Sun Pipe St ^ Ask, Sugar Pine Lumber Oo— Ruhr UUemicai 6s 1948 Ruhr Housing 6 Ha 1968 » Bid. Stuti Motor Oar 7 Ha 1937- A&O m. 86"" Root Glass Co, 1st 6s Royal Dutch Co— Deb 4a 1046 with warr Rueping (F) Leather 6s. where marked Mf" and income and defaulted bonds. Bonds. Ask, mmm. 85 MISCELLANEOUS BONDS NOTIOB.—All bond prices are "and interest" except 61 75 2*660 300 t— .. 94 25,000 62 40 20,000 1,500 11.000 8,250 13 465 8.250 name on Jube 10 1931 to Milwaukee Grain & Stock Exchange, b Basis. / This price Includes s Sale price, u For new membership. Last sale of old membership, 8110,000. The Canadian prices, r^.Chicago Stock Exchange increased ohe number of members from 235 to 470, a 100% membership dividend being declared, each present 1^2 d ie1! P* ,e Curb membershlpg not included, tr Detroit Stock Exchange declared a 100% membership dividend, inn#i5?Di£?1M^Pomr^5 ^ 90-^Pr®?e"t ex-thi*. 100% dividend, f Sale Jan. 20 1931. t Price for combination membership in San Francisco and 8an Francisco Curb Exchange. § Prices of Wheeling Stock Exchange memberships are fixed. No open market. Original price 8250, n^0°a^va?UMembership of Ft. Worth Grain & Cotton Exch. is limited to 90. Exchange buys certifs. in order at 8850 when funds are ®tlock Exchange voted Dec. 27 1930 to liquilate and dissolve, t Portland Stock & Bond Exch. tempoarrily suspended on Feb. 1 1931. Last sale above given is previous to k ni nnn « . suspension. Industrial and Miscellaneous Stocks Stocks. Per Stocks* Ask. Bid. TEXTILE MFG. STOCKS. 150" Print—J Am Linen (Fall R)J American Mfg—100 15"" 15"" 44 100 Amoskeag Mfg Amoekeag Oo pref__ Aiudroicog M (Me) J Appleton Co (Mass)! Arlington M (Masa)J Assoc Textile Cos.-t 54 35* 35* 26" 35" 25* iS* Mfg (FR)J Beacon Mfg, (NB)_J Preferred 100 Berkshire Fine Spinning Oo—(t) 7% cum pref..l00 Blgef-Sanf Oarp't t Preferred .100 Boone (Daniel) 15 M "3" (Mass) >n _ . .. . 70" • "3"" 2 Whitman "4"" Preferred Wiimsb's Mills pf 100 York Mfg (Me).100 M 1 Dartmouth Mfg Oori 1?* 75* Preferred. 675* 225* 70 Preferred Preferred "ji wwuwai Soonold M (N BJ— Preferred 4 75* Per 100 A.. 45" 53 & 5I5* so" . 26" 4 "v 25* Ipswich Mills 1Q( Preferred 10( KUburn M (N B)__ J King Philip M (FR) Aancas't M (Mass). "5" 97" 35 i§( 101 50 55 Mass Outt Mills. 10i MerchMfg iFB).. 1* "8"" Merrimack Mfg 5 27 *jarDeii_(i 32"" 'mrnmmm io 4 10 30 1 2 Nashawena 55* 65* M*"7l0 315* 175* 42 Fire 10 115 .... Naumkeag (Mass)' 13 15" it Newmarket Mfg Co (NH)...„io Nonquitt M(NB) Nyanza M 10u Osborn Mills (FR).l Otis Co Pac Mills (Mass) 100 39" 75* Pamaquld M 20 Pepperell Mfg (Mejl Pierce Mfg (NB)J Pilgrim Mills .... 45" 8 10 40 Fire 10 (Fire) 10 it* Insp & Ins 130 70 National Phoenix 56 42 25 27 ..10 Lincoln Nat Life. .10 Travelers' 100 15 25 45 48 15 55 65" 13 40 20 50 600 66 70 West Coast Life Washington. 100 275 150 20 30 40 145* 15 Fireman's Union National 5 MARINE INSUR ANCE SCRIP. Per f / / cent 101 98 98 97 101 101 MINING STOCKS. Juneau Gold Zinc 10 25 Lead 140 25 Preferred 25 AnacondaOopMIn 50 Andes Copper M.(t) Milwaukee. .... N W National..... Old Line Life 155* 15 A 11 nx Arcadian 80 90 20 Arizona Globe Oop_l Bonanza Dev Co.10 225* 65* 45* 25* 5c. Arizona Oom'cial—5 195* 25* 19 Wisconsin Nat Life- Cons 25 15c. Bunker Hill ASullIvahM&O 10 Vot. tr. ctfs Minneapolis. 60 Nor'west F & M — 19 Butte 52 20 57 25 Newark. Callahan American 75 Firemen's 68 68 40 35 Marlon Mfg NO 100 Marlboro O M (SO) J Mills Mills pref J 65 6 40 Ins 10 84 13' 65 18 60 23 400 20" Norris Cot Mills Orr Cot M (8 C).100 30 10 13 H 16 New York. American Alliance. . Amer Equit com 6 Amer Reserve..-.10 Bankers A Ship..25 City of New York 100 Continental ..10 Fidelity-Phenlx 10 Globe A RutgerB.100 14 95* 15 125 21* .10 50 1354 30 40 Hanover I10 Home.. 10 195* 17 5* 110" 52" 16 4 47 20c. 2 25c. 5c. 15 De Beers Cong M }?* Dome Mines.... (t) East Butte ' 95* Federal M A Sm.ldi) Preferred 100 20"" 35"" 25 50 65 Great American Hamilton Pickens Cot Mills Piedmont Mfg (8 C)J OressonOonGMAMl Crown Reserve 1 Stamped 30 Phillips Buttorff M.J 56 J* Davis-Daly Copper 1 25" 120" 52 Cop Range Con. 100 Pan Amer Life 56 Pelham 90? Lead & ZInc_20 Con Mln A Smelt..25 52 20 85* 115* 25 25 6 Mining Oonsol Copper Con New Orleans. 90 50 21 X 1 t Chile Copper.. Cliff Security 5* X Metals... Oerro de Pasco.. New Haven. IV 1 Zinc-Lead 10 Carnegie 50 Lancaster O M 10 Lane Cotton Mills LaurensO M (SO) J Limestone O AM 22 Calumet A Hecla.25 OX 95* 73 61 ...5 —10 24 173 10 Sup Oo 60 .. 20 Cop A Z Co 5 Butte A ... 6% preferred. 2.50 38 2.95 (Los Angeles) Smelting Liberty 50 Loulsvllle^FlreA Mar 13 40 MIUs Poe. F W. Mfg (SO)J Stiverslde A Dan Rlv 125* 355* 45 Pacific Mutual Life, Mining—.. Algomah i Firemen's 25 Panola 80 25 11 Amer 40 Cotton Mill Ol Apref(par 52 5*) Mills 40 21 Adventure Oons—25 Ahumada Lead Oo.l Louisville. 35 Gossett Mills Grantevdle Mfg .100 25 38 44 Alaska Am Central Life. .50 ! 15 275* 470 Indianapolis. 40 60 Pocasset Mfg (FR)V 25" 450" 25 45 Pacolet Mfg (8 O)—1 Preferred 100 10* 41 55 36 119 1929— 38 75 13 Monarch OM(80il Musgrove Mills Newberry O M (80)1 Ninety-Six MIUs 109 Atlantic Mutual— 10 69 9 36"" Quissett Mills (NB), Preferred.. ioo 46 A ....10 Surety Aetna Life.. Conn Gen 45 33"" 245* 165* 44 365* Aetna Casualty Gainesvllle Cot Mills Glen wood Mills 35 5 40 Life Insurance. 100 15 Preferred 225* w* 38 90 Moilohon Mfg pref.. "15* 10 Harcf Steam Boll 46 52 6 25 American Automobile Ins.—10 45 Preferred: Judson Mills A..100 Preferred B...100 8 11 10 w Corcoran ........60 Aetna Hartford King (J P) Mfg (Ga^ I 1< 29 5* 39" 40 inman Narragansett Mills Preferred (Fire)——10 Hartford. 39" mission Co pfd Industrial O M pref. 5 Cent States Life Springfield,M&bs. 100 15 20 Greenw'dO M(S O). Grendel Mills Preferred 20 Hamrlck Mills 55 Sprlngf Fire A M.25 Oamden Fire 10 Kartsvllle Cot Mills Hunter Mfg A Com Mt V.Wood Mills 140 29 135* Gluck 16" 27 350 12 5* 62 60 Gaffney Mfg (S 0)._ 13"" 320 130 Camden. 40 68 ~7" Florence Mills 7 % preferred 55 Virginia F A M—25 Deposited stock-. Calif-West State Life Firemen's Fund-100 10 5* Brooklyn—See N Y 70 10 35 Preferred Lockwood Oo (Me). Luther Mfg (F B>.. Manomet M (N BJ_ 4 Ban Francisco. 3 20 Eagle A Phenlx.100 Easley Cot M, pref Enterprise Mfg(Ga) 12 40 Home Fire A Marine ......100 Oolum Nat Lifo.100 Mass Bonding 25 600 125 Preferred Clifton Mfg (S 0)100 Olinton Cotton MUis 7 4 Life.....50 26 8t» Paul* Minn* Boston 60 Oowpens Mills Dallas Mfg (Ala).100 Oarl'g'n Mfg (8 C)_J Drayton Mills...100 Dunnean Mills..100 4 245* Occidental 25 Ohiquola Mfg.. 28"" 1930 1 10 (t) Bt. Louis. 20 Boston. 20 Oh Ob nee Mills "35* 4 Richmond. 50 Oolumbus Mfg (Ga) Oonverse (D E)_100 * Hill Mfg Co (Me)Holmes Mfg (NB).. Preferred loi Hoosac Cot Mills pf | ..... 25 r 4 10 35* Providence. Prov Wash'ton.. 100 Fidelity A Guaranty Fire Corp 10 share. 15 7% preferred..... "15* 34 Harmony Mills pf__. Hathaway Mfg (NB) Ji ou 25* St. Paul F A M □had wick-Hoskins26 A iBiwr 10 Merchants Baltimore. Baltimore American Jalhoun Mills..... Cannon Mills (t, xreierrea Victory 10 Guaranty Penmans.Ltd com(t) Proferred 100 5 Baaumont Mfg 255* Preferred........ *»unc« jf'm 105 INSURANCE STOCKS. Class B (Bait) Preferred 96 Mo State 500" Bibb Mfg Brandon Corp n M. 4 3 Life— Continental Life..10 65* . Avondale MIUs Simond M (Mi ▼erett M (H Preferred 10 100 J 100 Preferred Montreal Cottons Arkwrlght Mills.... Belton Mills (SO)— Preferred 2 V-U Lawton Mills Reliance Rhode Island....(t) Ltd.-J Cottons,Ltd.100 Preferred 100 Domln Text. Ltd- (t) Abbeville C M (SO) Edwards Mfg ( „ Phila Canadian Mills. (NB).i Anderson O M (SO).. Arcade Cotton Mills Arcadia Mills...100 7 8 6 15 100 75" Southern Mills. * 37 5 Casualty—10 40 □an Wamsutta M (N B) I Weetamoe M (FR) J Westfleld Mfg com. 50" sS8 Philadelphia. 38 80 Oan Convert, Utlca Steam & Moh Val Cot I 35" * 22 Mfrs _ 40~" Gt Falls Mfg (N H) i Grinned Mfg (N B). Hamllt W (Mass).. 80 Mfg.100 West Point Mfg. 100 Whitney Mfg (SO) J Woodslde Cot M.100 Preferred 100 100 100 12 40 21 205* 60 pf Wallace Mfg Co—— Mills Pr eferr ed "2" ;• 16"" 20 10 60 100 Oot'n & Wool'n UticaKnit Oo 16 13 10 States Puritan •oy ... wMb*AV T t Preferred J 15" 500 Union Cot Mf (FR) J 100 ixlUlM ID "75* 115* 60 Fire Association..10 Ins Oo of N A 10 17 95 Ware Shoals "§ 3 14 88 11 Bourne MUis (FR)_J Bristol Mfg (NB)—J City Mfg Oo (NB).. Conn M com A... Common B_. Preferred 30 Mfg (FR) Boss Mfg com 400 Boston Mfg pref.100 Cameron Mills Charlton Mills ... ___ 13 .100 100 Cotton (Utlca) share 11 Stuyvesant ......25 UDlted Westchester Spartan Mills (SO) J Union-Buffalo Mills. 1st pref ...100 2d pref ......100 Vlctor-Monag Co—J Preferred -100 27 70 Boott Mills (Mass). Border O Mfg (FR). Brookslde CJ.M Cabot Mfg Co Ask Per 25 10 Process common— ...100 kenandoah Pacific Fire 40 & Print Wks com. Preferred ........ Preferred Stocking Mid (FK)-100 Bid. Par New York (Cone.) North River 25 Rossla Ins.......10 Southern Franklin— 68 Woolen Mills 25 Booth Mfg (N B)_J Preferred. Preferred. haw hove 9 15 Southern Worsted ' '-■u2v;i 35 27 100 common 6 15 95 24 tiawmut Cot Mills 14 8 ll 100 tiarp Mfg (N B)___J Preferred. 100 10 Bates Mfg (Me) .100 wwuou 100 ilmon Falls Mfg Co (N H) 100 vFR) t Preferred Barnard 160'" share. Sibley Mfg (Ga).100 Southern Bleachery 100 (F R) Arcadia M Algonquin Per Saxon Mills R) Mfg igamore Btooks. Ask. Bid Par Stocks. Ask. share. •* par Preferred Bid. Per Co (F Horth. Mills. Par ihare. 230 135 20 22 240 145* 150 205* 185* Home Fire Securs.10 - 10 First National Cop ($3.75 pd)—6 Franklin 25 Golden Centre Goldfield 2c. 50c. 15c. 8 5 105* Oonsol Mines..... 12c. 8c. 1 Granby Cons MSA Power 55 58 20 Knickerbocker "45* Granlte-BI-Metalllc 10 Merchants Fire Asso 9 10 (St Louis) 10 Greene-Cananea.100 7 50 Common 10 National LIberty..5 New York 5 Northern 25 21 23 Guanajuato Cons..5 5 45* ...100 ..... Lincoln "§5* 4 6 38 4! 7 42 Hancock Cons...20 Hardy Coal... 1 Hecla Mining...25c 13*" Yoc". 40c". 1 COI 35* ' : * In liquidation, k Last sale. $1,000. stock. X a Purchaser also pays accrued dividend. 6 Assessment paid, m First installment paid, n Nominal. 0 u Ex-rights, r Ex-stock dividend, t Without par value, I Par value $100. Ex-dividend, changes- c Par value $700. d Price per share, not per cent, h Par value Ex-liquldating dividend, r Canadian price, s Sale price, t New z Minimum price established on Montreal and Toronto stock s*~ INDUSTRIAL Stocka. Bid. Par Stocka Ask. r 10 4.95 125 i 20 Cap Copper. 10 Island Creek Ooal.l Preferred 1 Isle Royale Cop..25 Jerome Verde 2^. x sin 28X La Salle Copper..25 30c. 6 2M Casualty (Bait) 10 60c. Northeast Surety— RET Ins( Wash) 100 11M 14 M 2% 95c. 6 15 26 1 Title Gu 90c. 6M 15 2% 1.10 lMc. 3c. 2 42 M (t) North Butte 15 North Lake §6 North Star Mines .10 Ohio Copper ..10 75c. INDUSTRIAL AND MISCELLANEOUS 7% 1% 7% preferred. .100 6% pref .100 ;'■> 6 17 X Abraham 8c Straus _t 93 7 % preferred 100 . Acme Steel 25 Adams Express._ (t) d "4M 67 27 82 26 M 7% pf w w 100 Addressograph Multigraph Corp—(t) d Advance-Rumeiy (t) Aeolian Co pref. .100 n 79 15M 98 tA Adams Mlllis—(t> , 3 35c. 25c. "X 50c" %Vv> 50c. 28 Am Solv & 1 M 98 5M 1 1 1M Pocahontas Premier Gold M 7 50X 61M "6 H IX 1M % 5c. 25c. Shattuck Denn t Silver King Coal'n.5 Be Am Gold A Plat.l -a* Utah Metal 8c Tun.) 35c. 40c. M 3-16 25c. X 6% pref 1 15c. ... 3% l 100 3 90 37 52 16 a 16M Amal Leather a 75 30 70 a a 85 80 a 25c 13 Bank Note...10 5M 6 — 12M 850 1 a 400 Am Can Amer 40 a w a 25 Preferred Am Caramel 40 a a 20 a 2500 a 50 a 45 IX 1st preferred.. 100 7 2d 7 Trust sub shares.1 GUARANT EE & SAFE DEPOSIT 8T OCKS. 35M 211 37 213 Am Title — 7 10M Am 25 i t • I i i i Am Hardware II" 10X 72 SS.1Q d Am Hide 5c Leath (t) d Preferred .100 Amer Home d Amer 4^ IX 2X UX Byers (A M) com—t Preferred 100 Calif Pack Corp—t 20 Campbell X d X % d X v 1 - 2% 3" 8 9 d 2 5 45 0 -S id Preferred 1C d Baldw Loc Wk«_( Preferred 1( Baltimore Tnbe.H - - - ~5M 18 5 30 2 82 td 35 ) 85 2 4 25 32 19 d 1 20 61 ) d 9 Canada it Last sale. Wire 5c Cable A ! Par value $100. x Ex-dividend, (t) dr 47 (t) Brewing—(t) v Ex-rights, (t) dr 10 12M 12" 13" fl dr 85 Preferred——-100 r 6 Canadian Oar & F(t) dr Preferred.. 25 dr 14 d 4 Canadian Oelauese 44 Preferred 100 Canadian Eagle OU_ d Can Fairbank pf.100 r Can Fdys 8c Forg— Class A Ct) dr 10 cent, 60 X Can Dry Glng Ale.t 10M Canada SS Lines.-t dr 2X 7 Preferred 100 r Canadian Bronze - 5% 17 5 per lH 5X ox Canada Cement. 1.00 Preferred 100 Can ad c. 46 par Wyant 8c Fdry—(t) Class B 44 X d Price per share, not Cannon 13 d 11M 18X 57M 25 d Calif Petrol d IX _— 3M (t) Butterlck Co 73 d 10 d Prod—t Hosiery 25 Amer Ice Co (t) 6 % non-cum pf100 81 Butler Bros 20 Butler (James) com. dn Preferred 100 d j 5 42 Am-Hawalian 52* 100 Bldgs pref Balaban 5c Katx— 22 1 Bush Terminal IX d V t "I'M ctfs—(t) 7% cum pref 100 Burr Add Machlne(t) 7% debenture.lOO 100 20 n Vot tr - 71 ~3X 2 Cora class B—(t) 'd .. 2X 4M d 16 UX d 26 d d Burns Bros com A(t) d Vot tr ctf (t) d 18M d Autosales Corp Preferred io" (t) IX 10 12 9 16 U" 5 "ox d (t) d (t) Eh-ef erred 100 Burden Iron pref— 72X % U% OX n d d BuloVa Watch—(t) d 2 4X 1% Srlce. t New Toronto stock and curb exchanges, (t) Without u Ex-cash and stock dividend. v Ex-stockvalue. dividend. iontreal and stock, 7X X d Powder Austrian Credit American sbari 140 2 24 30M 3X Bush TermOo com (T) 5M 3M d —100 Budd Wheel Bullard Co ) d Fork 8c Hoe_(t) A Purchaser also pays accrued dividend, 50 ) Dept Stores—(t) ""M pref 7%—100 Enc Tiling (t) d 2X Express 100 110 Co .10 $2M conv. pref—6 Budd (E G) Mfg.(t) Preferred id Amer Hard Rub. 100 50 IX 4M 50 id 1st Am Bucyrus-Erie Pipe L—50 Bunte Bros id Prior A. "3M 34 115 60c. IX IX 20M .....20 d (t) d 100 7% cum pref. .100 id 30 ct l3A 6 Buckeye : New Am 100 (Washington) 5 d Commonwealth— Casualty Phila.10 d Empire Title&GulOO Fidelity 8c D (Md) 50 d Franklin Surety. Guaranty Title & Mtge Home Title Ins (NY) Kentucky Title Co Preferred inn Lawyers' M Co—20 t 100 2d pref 100 Brockway Mot Tr(t) 7%cumconvpf100 Brown Co pref—100 Brown Fence & Wire Com B (t) Conv A pref. — (t) Brown Shoe 6M r fl 50 s 9M 10M 15M 13M 1X SteellOO 15c id Preferred..—1( Colortype.(t) Brit Empire 1st pref 23 U Commercial Ordinary bearer £l Brit Col Pack Ltd(t) Preferred Atlas Stores..—(' ><* 25 Amer 9 8X 14M Brunswick-BalkeGollender (t> d Preferred 100 80 5X ■» preferred.-T Cigar —100 100 Preferred Bond 8c M Guar. .20 2 50 25 Atlas 1 Preferred Amer Coal Class B 6 25 61X 90 (T) Regr 3 d Am Credit Indem.26 d Amer CyanamidA(t) TITLE 9/1 IX i 100 100 v 3 4 d 13 86 Chain com— (t) Alcohol com IX J*- G'ds—1 d 3^ 100 Am Chicle * 95 40 .100 125 (t) Amer preferred_.100 Texas Pacific Land a 120 Pref (with common atk warrants).. 100 Am 1% 92 25 Prior New Orleans Land 10 New York Investors Common (t) d Columbia Com CI B TH. 100 7% pref IX 37 100 3M Preferred Am 4M ox 9* Brit-Am Oil Corp (t) \d Am Oar 8c Fdy — 35c. 2% ox Canadian 15" 10 1M 61M 1 6 3 —t -25 a Bristol Brass 14 75 1M % IIII preferred— Second preferred. Bridgeport Mach. (t) Briggs Mfg (t) Brlggs & Stratton (t) Brill Corp cl. A—t 6 15c. Dry 70 16 80 Class B d Assoc 6 12 (t) d 100 Brit-Amer Tob regfl d Properties a X (t) d Midt d (t) 7 5 9 Atl Gulf 5c W lad 100 a 3X 13X 70% Associated .26 Preferred 25 1 8 6 Preferred 27 X 2X 3% 38 Z7X IX Bowm Bilt Hotels— 10 — 23 70 II* — 328 % 25 d Traveler Corp Boston Woven Hose 24 Cap m d $6M conv Dref.ft) d Anchor P 8c Fence(t) d Appalachian Corp— Associated Apparel Industries (t! Am Brown Boverl El See N Y Shipbldg City*R E T (O)—500 Congress St Associ¬ ates (Boston) 1 Copley Sq Tr (Bos) .1 Devonsh Bldg Tr(B)I t c mm - — X preferred--100 Borg-WarnerOorp 10 d Borne. Scrymser..25 d 20 3M 24M $6 pref v t c (t) d Anaconda W & 0_(t) d 3* 2 64 100 25 a mm d Arundel Corp (t) Asbestos Corp Ltd.t Preferred 10C 10 26 Botany Cans M. A50 d Art Metal Constr.10 M 42* Preferred..50 Am Beet Sugar —(f) a v — 49 M & Rubber com. 78 107 X 30 Armstrong Cork—t Arnold, Constable..t Artloom Onrp. 1 7% pref 100 12 6% Preferred 32 a Pap ■ Boston-Herald 77 r d (1 Preferred 15 12X A-(t) Chic R E TTus's 1000 75M 77M 107M 100 deferred 50c 10 Common 85 .... Preferred.... .100 Armour 8c Co (111)— Own Oi A 25 X Preferred 100 American Book—100 Am Brake Sh 8c F 50 a a Am Borden Co. Armour 5c Co of Del 10 M American Arch. .100 Amer Bakeries Preferred 16" 5 1st preferred—100 Corn 1 30" , 3M 63 48 First 60 t 45 a 2X Preferred.. 100 Am Wool (Mas*) .100 20 Amalg Laundries pf a 10 4 13X 13% Bon Ami com A—(t) d Common B__ t d Booth Fisheries—(t) d 100 Common t d (Delaware) 1 Amer Agric Chem— (Conn) com (t) $6 cum pref—.(f) Amer Airports (t> d Per share. Bohn Refrig pref. 100 69 .(t) d Brass 3X 100 Preferred A P W Paper Ar cher-Daniels Amer Agric Chem— REAL ESTATE TH * LAND STOCKS 21X 64 Anchor ox 7% 80 100 . 74 M 49^ Aluminum Co com.t 6 % preferred—J 00 Aluminum Ltd t Alum Goods Mfrs Preferred Am Wr 116 35 Amerada X X 20^ 7% 1st pref—100 Bohn Aluminum A 1st Amej^ Wringer 4 74M U2X 90 25 Am Vitrified Prod .50 4M Preferred 7 %—100 Amal Sugar com t 2 3X 10 (t) Aloha Portl Cem_(t) Preferred 100 3 M 36 M 4M k IX 3 !M 80 34 H Amer Wind Glass Allegh Steel com.(t) Alles & Fisher (t) Allied Cbem A Dye Corp t 7% pref .100 Allis-Ohalmer* Mfg 60 32"" Asbestos 40 1M with $30 warr.. Superior 8c Boston 10 Teck-Hughes G M_1 Tennessee Corp Tonopah-Belmont. Tonopab (Nev) Tonopah Ext Mln.l Trinity Copper 6 United Verde RxtSOc Utah-Apex 6 Utah Copper Co..10 25c. _6M 50 28" 80 50 60 Blyn Shoes Inc 10 Bohack (H O) com.t d 70 Type Found. 100 16 55 Blumenthal (S)— Inc 7 % pref 100 22 M Am Sum Tob 1 American Synthetic Am 7 2M Bloomlngdale Bros.t d Pref cum 7%—100 d 36 33 103 34 Preferred——100 Common 25 Bloch Bros Tob—25 Preferred 100 95M Am Therm Bottle At 85" With $40 warr.. Without warr 10 34 Am Tobacco com.25 Common B 25 2" Alleghany Corp.. (t) 5M_% preferredlOO 7J4 10 X 55 Am Thread pref...5 Air-Way Electric Appliance. (t) 7% preferred. .100 2 8 Blauner's (t) Blaw-Knox Co—(t) Bliss (E W) Co..—t Preferred 50 32 M 100 Preferred 66 25 d Preferred 2d preferred—10 . 12M Preferred 45 5 d Preferred (t) d Black & Decker, .(t) d 4 18 X 10A F'dries.(t) 12M M 2% Air Investors com (t) Preferred (f) Alexander Ind com.l 8 AX 28 2X 18 Preferred 100 American Stores. t American Stove. 100 Am Sugar Refg—100 (t) Affiliated Prod— 8% partlc pref... Quincy 26 Rand Mines. Ltd Bt Joseph Lead...10 Bt Mary's MineralLand... 25 San Toy.. 1 24 5M IX Alaska Pack Pond Creek— 22 X 63 X (t) 100 Aetna Rubber Preferred si* t . (f) Class B Ain Steel 19 17 (f) Bethlehem Steel, Birtman Elec Co 1M Chem—t Preferred Warrants com20 108 MX 25 100 Preferred. ■'AM Air Reduction—.(t) 5 2 3 second pf-100 Am Snuff 33 x Inc—it) 7% cum pref—100 Blckfords com—(t' d d $2M cum pref.(t d Billings 5c Spen—2 30 Preferred... ...IOC 12 M 1 8 14 10S* pref.. 100 6% pref ser B.100 Am Safety Ranor (f) American Screw.10i> Amer Seating v t c.t Amer Shipbldg—(t) Amer Ship AOora(t) ImSmelt ARefg.(t) 6% 11X 2M cum Amer Repub Oorp.t 3 Best & Co IX Am Rolling Mill..25 64 .100 5% preferred. 2M 55 7 20 70X 38M Beldlng Hem'way(t) Belgo-Can Pap pflOO Bellanca Aircraft.! t) Bendix Aviation, (t) Beneficial Industrial Loan pref (t) 50c. 1 Amer Radiator & Stand Sanit-.-(t) 8 d 7% preferred .100 Amer Pneu Serv—26 1st preferred—.50 Preferred ..—50 11 4M Beech-Nut Pack. .20 29 Aero Supply Mfg— Class A (t) 1-16 Chicago T 8c Tr-100 City 8D( Alb,NY) 100 2 U% 9M 10c. Min 25 Old Dominion Co.26 Ontario Silver Min Patino Mines & Factory Bldg Tr (B)Z Fifty Associates (B). Hotel Tr (Boston)..! Kimball Bldg Tr(B)i 18 3 1M 3X 28" Aeolian-Weber Piano 8c Plan—100 Preferred 100 30c. OJibway Preferred East Boston Co (B). Essex St Tr (Bost).i 17X 2X t Bayuk Cigars 10 . X 15X Boston Wharf Co..! Bromf Bldg Tr (B).J Business R E Tr (B)Z Cent Bldg Tr (B)._I (f) Am Macb A Met 11M Barnsdall Corp Class A voting 25 d 7% 1st pref—.100 dx 47,. 23 M Beatrice Cream. .50 d 6 Amer News. Amer Piano— New class A.. Tr(StL) 100 . 'A 3% 9X Bos R E T (Bos). 100 Bos Stor W h'se (B) .1 15 41 if* r 3% Newmont Mining. 10 Albany Tr (Bost)100 Alliance Realty Bedford Tr (Bos) 100 BerkeleyHotelTr(B) Bd of Tr Bid Tr (O ).l BoaGr'd R'T Tr (O)i UX 40 .. 6% preferred-,.100 American Meter—t —— 29X 17 Nlpisslng Mines ...5 Gold 160" Union Guar«Mtgl00 43 Mc. New River Co 100 Preferred 100 N Y & Honduras Rosarlo Wenden Copper 20 d Locomotive, t Preferred 100 Amer M&ch 8c Fdy.t 24 M 15 t 100 Preferred 2M IX (t) 100 6M% pref Barnet Leather Vot trust ctfa—(t) Amer Metal Co..— t 145"" State Title Mtge—Suffolk Title&MtgeTitle & Inv Md—60 d 42c. Park-Utah— Oonsol Mines Barker Bros 5M Amer 14M d Ask. Per share. ' 30 5X X 2M Laundry Machinery . MetberlodeGeal n( t) Nevada Cons Oop(f) New Cornelia Cop.6 New Dominion A..1 New Quincy Yukon 3% 2 Nat Title Guar 60 25 Foamlte Oorp.(t) Preferred 100 Bia. Par share. Amer Abitibi Pow & Pap.t d MclntyrePercuplneS Copper 6 South Lake ~l~X AbbottslAlderney Dairies pref 2d 100 Miami Beneca Cop Min Shannon [ ~5~~ Stooki, Ask. USFidelAGu(Md) 10 Wash Cons Tit pf-60 7 Magma Copper Co. t Mason Val Mines—5 Mass Cons 25 Mayflower Old Col 26 Enterprise 2 Amer I G Chem A.¬ d Am Intern Corp. (t) d Amer-La France . I 7X 50c" Kerr Lake 6 Lake Copper.....25 Lake Sh Mines Ltd 1 r La Rose Mines,Ltd.5 Noranda 10 1M 50c Keweenaw.. 25 Kennecott Copper.t Mining Corp of Canada Mebawk. Moss Gold M— Lawyers Westchester Mtge. 8c Title-100 Maryland Oas Co .25 Mtge Bond & Title com (t) Nat Surety Co—50 60 5.05 6c. i Bid. Par, 87 STOCKS Ter New Amsterdam Inspiration Cons Copper Iron S* Stocks. Per share. 128 9M Ask. Bid. > Par Per shaw. Helvetia Copper .25 Holllnger Mines 5 Homestake Mln.100 Howe Sound Oov t ct Hudson Bay Mln & Smelting (t) Indiana Mining..26 MISCELLANEOUS & Class B n Nominal, (t) r dr mmmmmmm 6X 14% 8 48 1M X 60 2 6 6X 9 Canadian price, s Sale t Minimum price established on 88 INDUSTRIAL Stoaks* Bid. Par Stocks* Ask. Class b (t) dr 65c Can Locomotive. 100 60c Preferred 6 100 Can Power & Paper. 70c Carlb Syndicate..25 Carnation Co. (t) d 7% pref Case (J I) Stpd ctf Cons Ice 54 Preferred 100 100 II* 100 Co.. 100 "§54 2 54 854 354 18 M 100 OelaneseGorp 354 354 Oelotex Co com Vot trust ctr 1st preferred lK 25* $7 15 7% pref 100 Celluloid Co com pref Agulrre Associates ( Central Airport .( Central O A O It. Preferred 100 11 I* Centrifugal Pipe t Century Rib Mills.t 3K s!A 15* Preferred 100 Cert'n-Teed Prod. t _ 7% pref erred.. 100 com. Oont'l Oil Cosg-Meeh Coal. Coty Inc Chesebr'gb Mfg..25 d Cream of Wheat Creole Petrol Crex Carpet Crock-Wheeler 6 81 2 Pref B Preferred 100 20 11H t 3 100 8 OhrlstleBrownAOo. t (f) d if 1054 ml 16 62 2J7A 67 75 80 54 Olty & Sub Homes.. 9{ar^E(l Co com_ (f) ml 8 Claude Neon Lt Olev & Buff Tr._Ioo Clave Tractor (f) d Oleve Cliffs Iron— ^Preferred 854 154 2% ft) d nl«5eln Quarriesl00 d Preferred... inn Osca-Oola Oo_.I—t "II 30 d I* d 10954 4954 90 d 754 27Mi 94 54 8 20 Color Pictures 9 54 n 6 s 40 Patent Fire Arms Mfc Bak 1st 54 1054 IK m 754 com. preferred. 954 3* . 2d pref X 1 com (f) d 20 d Denv Un StkYds.(t) d Preferred 100 Derby O & Ref com t d Oolum Carbonvtcft) Commercial Credit t Class A (non-vot)t d com warrants) 66 _ Aft 23 54 25 6% convcl A Commercial 4?™1 Invest Tr. t 7% 1st pref...ioo Oonvprefopt.ert 054% 1st IVA mi 1954 97 6854 69" 9254 95 by 7 Osnde Nast Pub.(t) CoDgoIeum-Nalrn.. t Preferred Congress ioo JK 98 Olgar.—f 9% ~9A 7 S®^°J,C&r Heat. 100 154 13* 7 45 Consol Aircraft. . 1 CIgarOorp. (j) 2 : 654%pfex-warl00 7% preferred.. 100 Cons Film Indus..t 12 cum u 10 654 854 54 654 854 54 30 90 100 IX 2 "54 "54 3 354 9154 ll" 13 15 24 54 6 80 85 14 45 254 12 27 r 66 3 854 d 27 100 Federal Mot Tr___t Fed Screw Wks..(t) d Federated Dept Sts Federated Metals.., d 21 18 2 23 3 IX 11 IK UX 5X 6K 7K 7 20 (t) 7 754 754 89 94 d 5 8 d 5 Finance Co of Amer com A.. ^ FlrestoneTARub 57 65 48 48 54 30 d 1 Duplan Silk f d 8% cum pref. .100 10 90 154 12 87 1554 8054 354 654 1954 75 9 1 654 20 80 54 5-16 15 ~3X 19 Glen Alden Goal d 11 8 Glldden Co d (f) Gimbel Bros. Preferred 1 100 Preferred 100 Gobel (Adolf) Co.. t GoldmanSacbsTrad . 5X 254 1654 9054 354 1254 Gold Dust Corp vtc $6 cum conv pfd. Goodrich (B F) Preferred Goodyear Rubber 1 Tire A 1154 4454 (t) 97 1st pref (f) Goodyear T A R 01 California pref... Goodyear T A R of Canada pref 100 com., Gorham Inc com 554 4054 9054 A.t S3 pref with war.T Gorham Mfg com(t) Gotham 811k— Hosiery (voting).t d 7 %pf( with war )100 Without war 100 d Gould Coupler A., t Graham-Paige Mot t d Grand (FA W) 6-1025c Store com_(t) d 654% conv pf.100 Grand(F A W)8Ilver Preferred Gt Atl A rue Pac vot 954 6554 954 6754 "54 "154 254 254 d d t "3" 2 d Stores X 7 2954 13 54 25 54 754 32 18 1 2554 154 9 d 12 100 Tea xtta (t) com + 132 100 115 Non vot com Preferred 1 Gt Lakes Tow 100 Preferred 100 Gt Nor Ore Prop (t) d Great Nor Pap 25 d d Great West Sug_(t Preferred 10 mmmmm 1254 Grlgsby-Grunow.. (f 18 22" 454 6854 d First Nat Stores. _~(t) d First pref 100 48X 4854 Gruen Watch d 16 Preferred 100 Fisk Rubber com__t d 1st preferred—100 1st pref conv pflOO 90 Gulf Oil 7 d Preferred 100 Guantanamo Sug__t Preferred 100 55 75 454 6754 1 53 «% Pref.. Bros.(t) Mach'y .(+) Preferred d 454 6 d 6 8 d 454 454 12X 13 '454 "5 54 comt d d 50 7 95 Motors.. 9 154 1454 .... "254 100 d 9 954 25 254 3 Ha miner mill 6% cum t 30 Paper lft d 75 pref. .100 Hanna (M A) 1st 57 cum. pref (f) Happiness Candy Stores class A-.-t d Harbauer Co (t) d 65 7 11 Hart.man Corp cl A't d "l54 d 154 .... 1654 m'mm «• 54 Class f B Marx 8 954 "354 154 43 100 Haakelite Mfg com.. d 25 25 1 11 12 Preferred Hawaiian Com «•<«•*• Gardner Denver c(t) d Preferred 100 Gardner Motors. 25 11 10 14 78 82 Gen Am Tank Oar.t d Gen Asph com (t) d Gen Aviation 1st pr_ 29 29 K 1054 1554 9 20 — 20 (f) d .... d 4 78 A ..25 d 3054 1154 Gen Sugar 4 10 d d Hathaway Bak A(t) ClassB vot tr ctf (t) ' d 5 Hart, Scbaffner A 17 .... .... 54 X .... Harb-Walk Ref— New pref (t) d 8 Hamilton Watch.(t) 56 pref 100 Common....... f d Preferred 100 " (f) d II (t) 10 2 54 154 Gabriel Co. clA—-t d Preferred 100 _t dr 75c. Fuller (G A) Co— preferred • » 5 100 Fraser Cos com 2d 20 (W 8) common 654 • t (HH) Mfgt Gamewell Co.. 5 154 1354 Hamll-Br Shoe d pref.._(f) Partlc pref 54 3454 654 Printing vtc Ford Mot of Can 100 Class A + d Class B f Ford Motor Franceconv Preferred Hall 1 6 Hale A KUburn__ 100 __ Ford Co Ltd— Guar Tr rcta <7 95 7* 18 54 54 354 3354 Corp 10* Z/y 82 100 (t 14 26 Gulf States St'l— (f) 1st preferred..100 Hahn Dept Sts..(t) 654% conv pf.100 "X Flor8heim Shoe comt - . 10 d 8% pref FIshman (M H) Fuel Oil 101 3254 d pref. 12 9 9 654 3454 6454 154 95 50J4 10 d d 9 3454 mmmmmrn 6% 1st pref—100 Freeport Tex Co...t d 5 11 "d Grnfld Tap A Die. + Preferred 100 Common B 7 99 6% cum pf A__ 100 Art t d Gilchrist Co Gillette Saf Ras. (t) d Preferred 100 Gray A Dudley—10ft .. d Franklin 1754 854 554 Gen Tire A Tub. .25 d d .... a a Oonvpref vtc.(t) d d 354 54 20 t a $6 preferred Gen Theat Eqvtc.t S3 pref ( Granite Olty Steel ( Grant (W T) ( 2X 1554 d com Grand Union Oo.( 3 9854 Gen'l Stk Yd Grat A Knight d {Bait) General Refrac t d Gen Steel Cast com f d $6 preferred...(t) d IX 24 K 1754 50 pfwlthwarr.(f) Gen Ry Signal com t d Preferred 100 5K 54 5 Aviation... d Preferred Internat.(t) 23 Fox Film clA Fox Theatres A 33 Dunhiil d 2 54 6 ■- r Drug. Inc (t) d Dry-Ice Holding.... d d Foundation Co,„ + d Foundation Co(Oan) dr 30 B 6 Fostorla Glass.. .100 110 r (t) d t d f d dr 57 Dow Chem com Preferred Dow I3rug_ 2 1954 5054 A Coal B d IK 15 54 Dominion S tores _(f) d Donnacona Paper (f) dr 854 Douglas Aircrf __(t) d 17 Douglas Shoe pf.100 Dresser (9 R) A 1 Foster Wheeler., (t) d z r 1 d 100 29% t d Follansbee 52 9 254 Domin Rubb pf.100 Dom St Corp pf.100 Federal 35 7 54 14 54 r sH 1554 6 K% cum pref 100 6 d Glasa..l00 Preferred 100 Dom IA 8 pref-.100 254 354 Filene's Sons 154 10 Dominion 4 78 2 Flat Am dep rets... d 5th Ave Bus Sec. t d 3 30 54 59 2H 854 Cons Coal of St L. 100 154 d Preferred Preferred (f) d Dominion Bdge.300 r Class IX IK 354 d Faultless Rubb Food Driver Harris Co 100 d Preferred 100 64" partj>f__t *18 45 20" 17 53 "3 K 24 Dom Coal pref. .100 6 X 100 Preferred- Dominion Steel pref with warrants ...100 80 7K 7 f d Doehler 64 54 75 2X 1034 Fay A Egan com.100 Preferred 100 76 1454 ..100 854 & £Fef «IB—25 054% cum pref 100 n X 85 6K% pref (with 30 K 1854 1854 1-16 d 2 ... 6X cuinlst pf_.25 /% IX 84 d 29 54 9 IK 154 A Raynolds Inc 1st pref 100 7 8X 17 54 ~2 Devoe 100 DiGiorgio Fr't unitsDixon (J 654 21K t Detroit Aircraft _(t) d Det A Olev Nav__60 d Preferred Ctfsdep 20>f 54 Dictaphone com_(f) d Columbia Pic comlf Common vtc j "i" 2% 7% preferred De Forest Phonofllm Diamond Shoe ...100 25 d Fajardo Sugar. ..100 Players Can Corp com-.(t) Voting tr ctfs Fanny Farmer Candy Shops pref t Fashjon Park Atso.t 7% cum pref 100 76 d Amer shares Preferred ii* Famous Debenhams Sec™ Diamond Match, (f or 6 5 1 Fairchild Avla A 34 ~6 Dayton Alrpl Eng(f) Preferred 1-16 d 25 Colt _ D H Holmes Ltd. 100 Davison Uhem t Deep Rock Oil ARef 7% pf—100 d 75 gttSSSSft t d pref-.(t) d $8 cum pref f d Cutler Hammer. (t) d cum Deere A Co 2754 (t) d Warrants Oushman's Sons 109 54 49 54 1854 Colgate-PalmolivePeet CurtlssWrlghtCorp t d Conv A (f) d 100 1654 Co t 34 d Preferred 3254 1854 5X Fairbanks Morse. _t d - *■»•»■•■• 33 110 28 X Ctfs of deposit. 8% non-vot pf_100 Ctfs of dep.. 100 X % com Decker (A) A Cohn Common A t d Preferred A 100 40 95 Class A c+) d Cola Intern I (|) d d 40 31 100 Preferred Fairbanks Curtis Pub com-.(t) d $7 preferred (t) d d Ourtis-Reld com 7% 354 31 100 d 10454 d 18 Corp (The) Chic Fair Oudahy Pack 50 d Oumberl Pipe L rets d CurtissAerop Expt Curtlss Fly'g Serv (t) 2\h AAv 27 54 2 oS^SbSdF.1.0.? 54 d Oorp.(t) Exch Buff ~ , 2454 Oity 29 54 Eureka Pipe L..100 d Eureka Vac Clean, t d Evans Prod 5 d 34 X K (t) d Preferred ^ Cuban Tobvtc 100 29 54 4 35 95 10 7% prior pref.1 Globe-Wernicke .100 mi d Seltzer class A Class B Cuban Dominican Sugar Tr-.7 Eqult Office Bldg(t) 10 Preferred 100 Cuban Cane Prod (t) 14 d 100 ft) d Emp Capw 100 Cuban-Am Bug t 32 8* Preferred.. 100 Cuba Cane Sugar... 2 54 954 54 54 (t) d iH }P 100 Preferred.. Cuba Co.. 100 OIn Un Stk Yds City Ice & Fuel (t) (t) (f) Crucible Steel 554 d 354 Emerson's Bromo Preferred Vot tr ctfa 92 BrantclA.(t) Class B__ 3054 154 28 25 Endicjtt-Johnson.50 d Pref A Preferred I "25 Chic Wllm A Frank com 105 d d (f) d 2nd pref 854 50 d Preferred Ely Walker D G..25 d 1st preferred—100 2d preferred..100 Orown-Zellerbach '3 Chrysler Corp Oln Tob Wareh J* 9 Emers T Ink—(t) Gibson 24 2 15 3 54 t d 3K Crown-Wlllam Papet 1st preferred t d 90 154 1454 Elgin N Watch—25 d Elk H Coal Oorp.-t d 4 Preferred d Eloc Stor Batt i8 K 100 , % 654 2054 97 • d f - 6 75 20 K t d t d t d $6 6 42 54 454 20 54 (t) d Boat Indus Am shs 45 654 100 Elec Cont & Mfg Elec A Musical— 100 Preferred 10L Crown Cork Int A (t) Crown C'k A Seal (t) 80 70 ~ Preferred Electric ~3X Advertising A Gen'l Print 4 1* 13 Outdoor— Com vtc 73 ■ 105 85 75. Gen Foods Corp.(t) Gen Laund Mach„ t General Mills f d eneral 18 .... _ Preferred OroweUPubllsh'g (f) d 9 .. Chic Yellow Cab Chllds Co com % Orosse&Blackwellft) d 7 70 Preferred n 6 Ohlckasha Cot 0.10 d 8 Chic June Rys A Un St Yd stpd. 100 153 Preferred 100 87 Coal 130 25 d Preferred 90 39 32 254 6% cum pref. .100 Motors—10 5% pref...—(t) d 8 s V4 Special 6% stk.10 General 4 16 d Magneto preferred -100 Elclngon Schild _.(t) d 6^%lst pref. 100 Electric Auto-lite (t) d Elsemann | Crane Co com 35 100 it* 1?* Gen Flreprooflng—t Preferred .100 5 X —(f) y Preferred X *.*• 10 354 754 80 Kcon Groc Stores.(t) d Edison Bros Sts. (t) d UK — 20 7254 HI 100 554 Eaton Axle A Sp__t d 120 t 100 » 3 8 Preferred \K Preferred 100 General Electric, (t) 16 454 954 x 2 100 Gen Cigar common t 6K d 10354 t f (t) Cable Class A 3 d General 21 d Gen Bak Co pref Gen'l Bronz 7% pref Eastman Kodak—t d 554 100 5 — pref......100 Non partlc pref... 11 40 54 Preferred ... 1st 23 Preferred Oosden Oil 104 17 t d Eastern SS Lines. .5 d *11 Co ntWd Screw com 10 Mfg Prior pref East Roll Mill 3A 40A (f) Equities Eastern ~~54 90 Preferred 100 Chase B&Cop pf 100 Checker Cab Mfg (t) d ~ d Eagle Lock 25 Eaglo-PIcher Lead 20 d Orosley Radio Special pref 100 Chapman Valve.100 d "" (Del) d ..... Eastern Oont'l Oil (Me) v t c Oont'l Shares (vot) + 154 100 100 Chestnut A Smith X TVs f Cont Bkg A (vot) (t) Class B (Vot) —(t) Pf (8 %) (non-VYlOO Continental Can ._t Cont Dlam'd Fibre.t Continental Mot—t Champion Coated Paper Preferred 854 1 Class B Per share. 45 X 45M 103X K Durant Motors—(t) d Durant Mot. (Can.) d Durham Duplex Raz Prior pref with cl 5 B coin war. .100 Durham Hosiery. 50 d Preferred 100 A Co com Preferred.. 10 Corn Prod Refg—25 Central Cessna Aircraft 100 6% prior pref. 100 7% 1st pref 100 Warrants Container Corp A.20 400 Caterpillar Tract, (t) d Oavanagh-Dobbs Inc Common (t) d 654 % pref with warrants de N 20 Deben stock..100 DuPont (E I) "X Consumers Co com 5 Co Preferred.. share. Cons Coal of Md.100 100 Bid. Par Per share. (Pittsb).60 d 8% pf with war 100 Consol Textile t Stocks. Ask. Bid. Par. Stocks* Ask. per Preferred 50 d Cons Laundries..(t) Consol Retail Sts_.t Case Lockwood A Brainard Bid. Consol Dry Goods, t d Preferred.. 100 75c 54 Par. Per Per share. Canadian Gen El 100 Preferred 60 dr 55" 1 Can Indus Alcb. (t) d 75c STOCKS MISCELLANEOUS & Baking (new).. .... 354 HawalianPlneap'le20 Hayes Body f Haytian Corp of Am d d d Hazel-Atlas Glasa.25 d 554 X — 40 10 154 154 41 354 16 a Purchaser also pays accrued dividend, d Price per share, not per cent, k Last sale, n Nominal, r Canadian price, s Sale price, t New stock. Ex-cash and stock dividend, v Ex-stock dividend, x Ex-dividend, y Ex-rights, z Miuimum price established on Montreal and Toronto stock and curb exchanges. t Without par value. Stooka. Bid. Par. Stocks. Ask. Per Per share. 7034 128 Preferred 100 Hercules Motors, (t) d 634 Hercules Powd— (f) d 22 • 75 135 8 24 Kelly-Springf Tire (t) d 6% cum pref—100 8% 2d pref...100 88 90 felsey HayesWh'l (f) d d 18 23 ielvlnator d 7234 73 d Preferred 73 75 100 Herr-Hall-Marv Oorp.(f) Kendall Co$0 pfd(t) d 30 31* pref— d Investing K1 tnberly-ClarkCorp t d Common 3 fleld Co 1st preferred... 55 2d preferred 30 Preferred 18 15 King Royalty 33 HlbernlaSe Hoe d (R) Ac 34 "X 634 Hollander (A) A; Son (ti d 634 1034 6> 3 dinner Airplane Ac M d Kinney (G R) Inc—t d Preferred 100 Hat com—(t) d Kobacker Sts com(t) d Cum pref 7%-100 HornAcHard't(NY) t 2h" 2734 10734 11234 d Holly Bug Co Preferred... d 10 96 HoudalUe-Herahey 0,. Class B f Household Fin pf.50 Houston Oil (Tex) 25 d 3X dx £4 d 55 334 4 d New Howe Scale com I d Preferred 100 Hudson Mot Gar__t d Humble Oil Ac R..25 d 334 5 34 44 3 „ 134 Hydraulic Pr Br. 100 534 3 50c 17" 20~ 434 2 Ltd (t) Registered shares, d Imperial Tobacco of Canada com 5 dr Imperial Tobacco of Ot. Brit Ac Irel'd d Indepen Brew'g 50 d Preferred 50 d - 15 8 5X 2.25 8 734 8 234 334 10 IX Oorp.t IX 5 pref 100 Industrial Rayon (t) d Ingersoll-Rand ..(f) d Preferred luu 35 37" 26 27 27 Inland Steel Intercont Rub 17 Corn—T Int Cigar Mach f Int Combust Eng.. t Preferred. (t) Pref ctfs of dep Int d 26 d Int X 3 10 34 5 7 95 96 1034 1134 7 ,P 1434 10 Int Pap Ac Pow A II Class B Class C 6X Xx SB 100 -t 36X -t 36X Preferred Inter Silver 100 100 100 Preferred. IntTextBook newlOO Interstate Dept Sts. Pref with warr 10. w. 100 Intertype Corp t Irving Air Chute, (t) 5 6 Lehigh Valley Ooait 6% cum conv pf 50 Lehman Corp (t) Lehn Ac Fink Prod.t i* 39 7 50 25 100 120 5334 19 Wks.t 10 10 10 10 10 Link Belt OoA...(t) Lion Oil Refg t 12 3 Liquid Carbonic 18 T id Brothers 834 2634 Locomotive Fireboxt Loew's Inc t 69 17 18 ..100 t 1st preferred..100 preferred..100 Lord At Taylor. .100 1st preferred. .100 103 Preferred 334 18 N J Zinc N J Worsted t d d Mesta Mach 5s Met Chain Stores(t) d 1134 1434 New pf ser '28.100 Metrop Dairy Prod. d I to 50c Metropol 5 vo OUC II-I Miller (I) 6 t d First 20 1734 X 134 9934 N Y 115 3234 30 1034 d d d d 1834 17 134 634 734 15 10 43 33 Ohio d 734 Okonite pref Oliver Farm Equip, t d 6% pr pf w warr.t d 3534 30 5 234 234 834 (t) d 34 2l' 8 d 19 d 3 Nash Macy(R H)Oo Inc.f National Baking, (f) d Preferred. 100 Mad 8q Gar v t c (t) Malllson (H R) 32 1634 8654 1634 90 100 100 Mandel Bros lno.(t) Manhattan 8hlrt.25 Manlschewltz (B) (t) Preferred 100 50 53 Jordan Motor Oar.t 68" 72" Com 69 71 Preferred Karl-Keen Mfg v t c —25 d 25 d 2d preferred 25 d Maple Leaf Mill, (t) dr (Rudolph) X 1st 2d Manning Bowman Ac Co class A—(t) d Class B _(f) a Mfrs Finance. Bait— X 50 Preferred 100 ... 3 Nat Carbon pref. 100 Nat Casket com.(t) d Preferred $7—it) 10 ... 2 12 Kayser (Jul) As Co.t Keith-Albee Orph(t) 734 7 % preferred. . 100 Keith (Geo E) Co— 20" 35 30 40 11* 32 36 034 10 Corp v t c t d Marmon MotorO—t d 10 103 1034 X 1 Cum pf $2 w Warrants —t d _ d 234 3 d Packard Motor—-10 d Palrpoint Corp ..100 Pan Amer Indus _(t) d Pan Am Petrol At 434 334 "2" Transp com 50 xd 16 Com Class B—50 xd 16 1 Panhandle P Ac R--t d 2} 37] Preferred ——100 d Cos — 136 Paraffine 1534 Paramount-Publix Corp (t) d Parke, Davis Co—t d Parker Wylie Mfg— Preferred Park Ac Tilford Ino.T d 120 49 Parmelee "334 1 d 34 334 Peck, Stow Ac Wile 25 d 1 834 7% pref 1 t d Peerless Cement 434 2034 534 Ino—(t) Pref class A—(t) 2634 ilH 634 1734 Trans, (t) d Pathe Exch 100 Peerless Mot Car.50 d W.25 "3" Pender(D)Groc'y A Nat Family Sts Inc (t) MaracalboOIlExpl t Marine Midland.. 10 Marlln-Rockwell xd 1634 Pacific West Oil. (t) d ioli 26 10 -—100 zdlOl Pac Portl Cement. Preferred 94 Nat OaBh Reg Nat Enam AcStpg.I T) Pref class B 634 A.(f) Nat Dairy Prod—t Nat Dept Stores... t 1st preferred..100 Nat DIst Prod—.(t) 116 334 ---- com—(t) d 40 102 Preferred 100 Owens-Ills Glass .25 d 2134 Oxford Paper pfd 0 % "I" Pacific Coast Co. 100 d 3 1st preferred 100 1 2d preferred. .100 preferred—100 preferred-.100 4 34 ... • Pr lor pr ef (vot) .100 Nat 100 Manatl Sugar Preferred 434 Outlet Co — BeUas-Hess.(t) d II" Preferred 100 Nat Biscuit 10 d 37 126 Preferred 100 Nat Breweries t Preferred—... 100 Nat Candy (t) d f Preferred 30 6 3 1 34 3 5 Otis 8teel 1634 1434 334 >■734 334 1434 2% 734 70 70 7 preferred—100 Elevator.— (t) Otis Preferred 8 734 434 82 "7" 65 60 d 8% 20 Co 14 75 10 Preferred 100 Oppenhelm Collins, t d Orpheum Circuit—1 d 40 34 20 85 9 87 $3 conv partle—t d 19 Olympia Thea pref— 334 Omnibus Corp v t c.t d Preferred A—100 6534 Ontario Steel Prod(t) dr 934 834 4 Myers (FE) Ac Bro(t) Motors (t) d Nat Acme Co 10 d Nat Air Transport— Nat Aviation—.(t) d Preferred it) Mack Trucks Inc (t) MacMarr Strs pr 100 100 100 Preferred 734 185 10034 65 Preferred——100 Oil (t) d 24 2334 z 77 Ohio Seamlesa Tubet d 234 134 Macfadden Pub—(t) 7 3% 134 1434 12 preferred..—. 2nd preferred 13 4 96 1st d 3 434 Units 90 3634 634 Ogilvie F1 Mills—(t) d Preferred 100 r 100 'mm mm' Ohio Brass pref—100 Class B 834 1 d 100 Preferred 19 i 100 Preferred 40 A™ com_(t) Rubber —.—10 d 2 18 t d 1 d O) 334 234 4934 334 d N'West Yeast—.100 Norwalk Tire At 3734 (G 834 25 Northern Pipe Line New Ward common 6X 20 Nye Incinerator Munslngwear lnc_-T d 100 X 634 134 North German Lloyd d Amer shares 15 Monsanto Ch Wks.t d pref—(t) Municipal Service (t) 24 4 100 $7 conv 98 _ North Ac Judd Voehrlnger com(t) d Preferred —100 Mohawk Rubb-(t) d 25 X 334 80 634% pref d Ohio Leather A 534 94 Nor At W Stboat-100 a; 137 d 234 No Amer Aviation. Mock Judson Ac A , 534 22c 11c Pref 6 34% Co common 79 234 234 5 1 Mullins Mfg 100 (t) -P'd.(t) d Mot Wheel Oorp.(t> d Mount'n Ac Gulf Oil 1 d Mountain Prod 10 d io5" File— 5 At Machinery.. 100 , Moto Meter G At E. t d Motor Products t d 111 Transport'n.10 Nicholson Morse Twist Drill X 10 d N Y Transit 60" (t) d Preferred .100 N'west Eng 100 Minneap-Honeywell Regulator (t) Mlnneap-Mollne Power Implem t $6.50 cum pref t Mo Portl Cement.25 «234 75 pref 7%-100 % pref 5 common 100 d 100 N Y Shipbuilding- d Founder Shares (t) d d 7 75 (f) d Sons Ac 13 100 pref—100 N Y DockPreferred NY Merchancom(t) d 100 Drug 7 "934 Flrstspref Mich Steel Tube.(t) d com Land—1 d t d Arlxona N Y Investors Inc(t) d Second 34 100 xd 98 Michigan Sugar—10 d Mid-Cont Pet...(f) d 25 d pref— N Y Air Brake "434 1 d 100 d Preferred 100 Metro-GoldPict pf 27 d Mex Eagle Oil 5 d Mex Seaboard Oil t Mexican Petrol..100 d Products 23 New Mexico Ac t d Preferred 1 1934 2134 7 30 100 634% pref 8% cum pref. .100 n Murray Corp (t) d Murray Ohio Mfg -t d Johnson Tin Foil 1st preferred—100 59 $6 34 cum convpf t Mac And Ac Forbes (t) i* 6 20 55 14 40 Kaufman Dep St Com..—---12.50 Departure Mfg pref 100 New Engl Grain Products pf—100 New Hav Cl com.25 d 25 5 Kaufman (C A). 100 Newport Indust—1 d 1 d New Bedford Cord¬ age com 10 d Newton Steel 35 B 7 "2" New T A II" Co Preferred 100 New Bradford Oil. _5 d (t) d 434 Inc Amer shares.. 10 J) (t) d 7%-100 Preferred 234 3534 3934 70 Murphy 19 J 49 Shipbldg pref. 100 KOStk Yds Me.100 Preferred 100 75 Ludlow Mfg Assn (t) Ludlum Steel t 17,. 4934 67 2 (J Common. 30 Class Maddux Air L units. Jones As Laughlln Steel 7% pref. 100 1334 Louisiana Oil Ref (t) 44 X 100 67 1234 Neisner Bros (t) d ; Preferred 7%-100 734 20 Amer dep rets Preferred. 100 Johnson Dry Dks & 5134 - 3 37 104 3 Warrants Jessup & Moore Pap. First pref.. Jewel Tea (t) Jnhns-Manv Ino.(t) 48 Newberry Morrell(John) Ac Cot d Morrls(Phll.)AcOo 10 d Morris (Philip) Cons Common t d ... Long Bell Lum A (t) Loose Wiles Bis 25 d 634% pref Nat'l Transit—12.50 d Natomas Co of Cal common 100 Nedlck's Inc com(t) d 9 834 234 3034 Corp Prior pref Nat Tea com 334 334 d 100 1 d Preferred 6 60 Preferred 100 Merch Ac Mfrs Sec— Com A t d — Class Pf without warr(t) Warrants... 2d 45 common (t) 1st pf 6% 100 Mengel Co (t) d 7% cum pref—100 Mercantile Stores(t) d Montgomery $634 cum pref with purch wart 1st pref.. Loft Inc 55 Miller Wholesale X :1 Preferred 5034 534 44 d 58 8%-100 Preferred t Miles Det Theatre 10 d 7 52 Locom d 1834 First pref Mldvale Co Libbey-Owens-Fordt Lindsay Light d 15 Nat Sugar Refg.. Nat Supply Co Midland Steel 2034 Lib McNeil Ac Lib. 10 Lima Nat Steel 1734 Preferred .6334 preferred—100 Lorillard (P) 25 39 Fraschlnl— Karstadt 234 1134 Leh Coal Ac Nav_(t) Leh Portl Cement 50 Preferred..—100 2d Warrants Ac Metal 13 B 18" Metrop Pav Brick, t d Loew's Ohio Theatre 86 9J4 Internat Shoe. 2834 Loew's Boston Th 25 9X 434 Internat Salt liotta 434 3 (f) t war) Pf without 434 234 7% 20.. 9934 7H Int Ptg Ink com Preferred (with com 99 3 e* Int Petrol 5 66 Lit —100 Preferred 4 64 -100 15 Shoe com m d 1734 6% preferred—100 d Mead Johnson Ac Cot d i Common 2634 26 d McKesson Ac Robb— Common t d Preference A 50 d Stores Lockheed Aircraft— 10c 2034 7% cum pref..100 InterPaper7 % pf 100 4334 d Preferred .... d Partic pref 35 Int Mercn Mar., (t) Int Nickel (Canada) t "134 4234 d Lily Tulip Cup.-(t) «"234 Preferred 10< InternatT Match— "34 t d Lane Bryant Inc com d Lanst Monotype 100 d Common 9 3 50 d (t 534 Lig Ac Myers Tob.26 1 234 Mesabi Iron 534 100 — Nat Ref com Preferred d Merck Corp pref. 100 100 Preferred Educational— Harvester 21 WoodB Liberty Baking 17 Publishing com.60 d Preferred the 16 Nat Shirt Sh com(t) d Preferred Pref without warr. 19 „34 2 d d of Milling 1534 Merg Linotype.. (t) dx 40 Merrimac Hat Co— 15 Common Larner Stores 9034 A u Lake Nat Paper & TypeNat Radiator com(t) d Preferred it) d Transportation (t) d 1834 Lee Rub At Tire—*_T 1 100 Int Cement Laclede Steel 15 cl B.t d cm 34 30 Mtg Ac Inv pf.10 1434 9934 35 McKeesport T PI (f) Melville 1 lA 3X Merchants At Miners Cement 4 Inter Button Hole Sew Machine.. 10 dx Int. Carriers Ltd (t) d X Lawrence Portland 19 (f) t d (t) d Interlake Steamsh( t) d Int Agr Cor com t d Prior pref 100 Int Business Mach.t d X Lago Oil Ac Trans, (f) d Lake Sup Corp..IOC d d Ctfs. of dep Preferred 7 Interlake Iron 1434 d (t) d 50 d Lamson Ac Hubb'd 17 Cum 3534 1034 100 Preferred Lambert Co gM U* Indus Accep 1st pref 1434 107 Landers. Frary Ac Clark —25 d 7% preferred-.100 Indian Ref com 134 d Lakey Fdy Ac Mach t 8 Indep Pneum Tool.t d India Tire As Rub_(t) d Indiana Pipe Line 50 d Indian Motocycle t d 55„ 58 3 3034 Per share. National Leather. 10 d Nat Licorice com 100 Preferred 100 d Nat 2 McLellan Sts com(t) d Krueger Ac Toll Amer Preferred 18 734 .... 40 634 634 34 334 34 Pf (7%)(non-v) 100 2 Bid. Par. Stocks. d McGraw-Hill Pub.f d 2 Ask. share. d 134 14 10534 3334 Kress (SH)AcOo (t) d 9X 6% pref 10 d Kroger Grocery Ac 1434 Baking common t d Kupp'h'mer (B)—6 d 134 Kresge (8 S) Co— Com (Vot)—10 d ctfs 20 kronen May (The) Dept Stores Co com..25 Maytag Co t 1st $6 pref (t) $3 con cm pf— (f) McOallOorp (f) McOrory Sts (vot).t 1134 100 Lackawanna Sec 35c Preferred 100 Ideal Cement.... (t) d Illinois Brick... 25 d 111 Pac Coast.. Preferred Imperial Oil 4534 23 4, 100 Kresge Dept Stores t d Preferred Maxweld Corp.. f) Mathi'son Alkali.60 d Preferred 100 1 Preferred——100 20 . Hupp Motor 10 d Hutch Bug Pltn 25 d Huylers Inc + d T% preferred. 106 Knox Preferred MarshallFleldAc Co.t Martin-Parry Cor.T d Massey-Harris (+) dr 10 Koppers Gas & Coke Preferred 100 Horn & Hard't (Phil) t % Bid. Par. Per Non vot 100 10 Holland Furnace.. . 4^ 20H 234 7% Kent Garage- Heywood-Wake- „ d "134 37 Stocks. Share. Kellogg Switch As 810 Preferred 100 Helme (Q W) Co Common... 25 Ask. Bid. Par. 89 STOCKS & MISCELLANEOUS INDUSTRIAL d mm B d mmmm Class mm mm Nat Fire-Proofing 50 d Preferred Nat Fuel Gas 50 d (t) d Lead—100 100 7% pref A .100 6% pref B National .... 734 12 90 80 116 120 100 101 d Price per share, not per cent, k Last sale, n Nominal, r Canadian price, s Sale price, t New stock, u Ex-cash established on Montreal and Toronto ndstock dividend, v Bx-stock dividend, w Ex-100% stock dividend, x Ex-dividend, v Ex-rights, z Minimum price < itoek and Curb Exchanges, t Without par value. a Purchaser also pays accrued div. . 90 INDUSTRIAL StOC&8. Ask. Bid. Per Penlck 4: Ford Preferred Penney (J O) t d Stocks. Riverside Silk Mills Robinson (D wight P) 24:% 30 % 87 3% 6% Rogers Peetcom_100 5 Pennroad Corp 1 Peoples Drug Stores Common (t) 6%% cum pref_ 10 Pet Milk (t) Pet Corp of Am Petroleum Convers'n Petrol Derivatives-- 7 d 2% 2X 16% 90% 20 d d 11 11% 4% d 3 6 d 3 6 Ph elps-Dodge—--26 d Phlla Dairy pref 5% with warrants d Phlla Insul Wire—-1 d "^hll 9c Read O* 1-1 d 75 25 30 3% Phillip-Jones Oorp-i d Preferred 100 ' ' 6 ** , 7 - - "5% Preferred Sa t Creek Con OR 10 Salt Creek Prod 1( Preferred 5 7 9 T* i 20 18 % sa Scruff Co 3§* (t) d 100 45 13 2% 37% 100 Porto Klc A Tob— Prairie Pipe L Preferred "3" 3 100 100 4 1 fP 6% &K Serve! Co 16 d 30 1% 5% 1% 8 25 70 r 31% 18% 39 18 3 Corp_60 1% 8 First pref 100 Pure OU Co— 25 " 6% preferred. .100 8% preferred—100 pref PyreneMfg. 36 - (t) d (t) d „ 17 g 17% % J" 53% 10% 48 10 d (+> d lGu Radte-Keltb-Orph _t a. Real Silk d 9 Machine 10 dx 8% Reece Fold Mach-10 dx 1 Reeves (Daniel) Inc 6% % pref 103 Regal Shoe 65 pref-100 Rels (Robt) & Co—t lit pref (Ohio) 100 1% Reliance Mfg % (Ohio) t d Remington Arms 6 t d „ 2d pref Ree Motor Car Vofc tr ctfa ~7"" Co.io d 4% 92 Skelly Oil 25 d 6% cum pref.. 100 d Sky Specialties.-. Sloss-Sbeff 8 & I.10G Preferred. 100 Smith (LG)<k Corona j 1% 3% 18% 5 4 6 10 Typewr'r com. (t) Smith (A O) Corp(t) d 30% 20 „ 1§* 115* 28 Corp w 1 Solid Carbonic.- d % % 8% 2% d ""% d 4% j d 10 % 2% 5% d d iV* 4 7 28% 8% 8 65% 66% 10 d Dry Gds.t d Pref Richman Bros (t) Richmond Had— (t) Preferred 50 Rio Grande Oil— (t) Ritter Dental Mfg_t D Southern Class «« « 60" d % % % 23% 1% d ~2% "2% d % % d d d 22 Ice" Uti'lA(t) B % S west Pa P L % 2% 100 50 d Spencer 100 d Kellogg", (t) d Trico 20 12 14 6% 2% 24% 9 37% 4% 17 24 Products._(t) oA 5 19 "3% 5 10% % 12% 6% 12c. _(t) 100 PCorp.. (t) Union Oarb 9c Carb t (t) 5 43 1% 18 115 J% 28 3% 9% 28% 11% 10% 11% 11% 15 15% 92 39 Unit Aire 9c Trans, t 11% 12 10% 45 66 Pref with warr.50 Unit Amer Bosch, 45% 6% 12 United 1% % 17% 9% 45 2 29 10% A 5% Biscuit— of Am 100 Preferred U S Stores A (f) pref 100 com 7% conv pref-1 United Business Publishers t d Preferred 100 United Carbon vtc t d 39" 88% 100 com 15% 37% d t d 23"" 62% 100 UdIv Leaf Tob— (t) d Preferred 100 124 Unlvers Pio 1st pflOO d Univ Pipe Sc Rad—t d Preferred .100 d Utah-Idaho 38 Preferred Sugar.8 Vadsco Sales Corp Common (t) d 7% preferred-.100 Valley Mould 4: Iron common (t) d Preferred 7% cum Van Camp t 80 d 90 41 8 % 17 3 25 13 % 30 5-16 % 1 23 4 6 Va Iron O 4; O—100 15 Preferred _100 22 Vulcan DetlnninglOO Preferred 70% 100 WAbasso Cotton, (f) dr 7 Wagner Elec 15 d — m 100 d .. • .. d 10 (t; d { d 2% 13% 9 (t) com _ d pf .100 « M *• «« 68% Walker Dishwasher t d 4 Waltbam WatchB (t) d Prior pref 100 30 100 (f) d Com Class B Preferred t 100 Warner AircraftBros (t) d 5 10 1% 6% 1% 33% % PIct— Common 1 2 Preferred t 7 Warner-Qulnlan Co ... Warren Bros 1st pref new Conv pref (t) 1 (t) (t) Warren Fdy Sc Pipet Washburn Wire— (t) Washington 1 3% ih Oil--10 24% 98 25 110 $7 preferred —100 WelchGrape Juice (t) Preferred Wesson Oil Sc Snow¬ drift v t c (t) 12 4 25 13 f Western Air Express West Auto 3 --- 100 14 conv pref Supply— Common A % 25% 1 12% 1 7% prior pref-100 6% part pref.-100 cum % 9 2% t 1st preferred--100 Venezuelan Petrol-/ Warrants 63% 20 % 25 Va-Caro Chem— Common 3o" 136 19% pref.-106 Pkg— (t> Preferred Van Raalte Co 39% 83% 15 100 Corp 16 40 U Webster Elsenlohr25 com—(f) (t) 7 U S Sm Ref 4; MIn.50 d d Preferred 50 U S Stamping 100 d U S Steel Warner 15 33 4 7% 4 Ward Baking Corp— Com Class A 1 d 10c Union OU of Calif _25 Un Oil Assoclates-25 Un St Yds So OralOO Union Tank Oar. Class 5 Preferred Walworth C« 6% 90 9% (t 26% 1% 95 2% 4% ,.vlol> 75 1 Union Tob Common Corp 5% /p; 25A 4% 2 63 d 20^ 12% Walgreen Co 2% . 38 Un B4 Pipe 4; Foundry 22 j pf.lOO! Waldorf System 4 1 19 —— 'dx 13% 1st pref (t) 14% U 8 Playing Card. 10 d U 8 Print & LItho— 6%% Ulen & Co common. Fisher cum pr 32 Furnace pref—100 Truscon Steel 10 Tubize Chat pref B. Preferred Unexcelled Mfg 7% 18% d Forging—td 5% a 20 Class B 2 yi 1% 8 Preferred 100 U S Hoff Machln'yt d U S Ind Alcohol, (f) d U S Wa!tt&BondIncA(t) 'Union Cigar 9% "1% 5-16 14 82 d (t) 100 d t d 25 Van Camp Milk Co 1% U nderwood Elliott 54% 60 100 — J d d d Truax-Traer Coal(T) 1% I - —— Common.. + Spear 9c Co.—II~~t d OA 65 100 U S Finishing Preferred U S Freight- Preferred ""% Trumbull-CUffs (+) d Spalding (AG)4;Br( t) dr 1st preferred.-100 Spang Chalf't 4: Co t d t Price per share, not per cent* d d Southern Pipe L. 10 d Southern States Oil. South Penn OU— 25 d Pref 8 6 J So Porto RlcoSug (t) d 3% • River Raisin Paper t d and curb exchanges, UO Preferred 100 100 Richfield Oil of Calif Common 25 Pref with warr. 100 50 Southeast Exp.. 100 40 Southern Air Transp dn 2 South Dairies A t d 9 f !ib 3 d d 5%6 3b 4 16% _ 36" 8% 4% 7 ^ Trent Process (+] d 2% 22% , Steel U 8 Envelope Preferred Vanadium 18 o/s Transamerlca Corp. d Transue 4: Williams 13^ Solvay Amer Inv—" Republic d Vot trust ctfs « 12% TorrlngtonCo— (t) dx Trans Air Transp.. t d 20% 2 d _ Stock — 122 d 2% RoU Bear, td Tobacco 4; Allied , d , 2 3 100 .35^ 82% 1% 5 60 d t Preferred 29 26 d Tlmken-Det Axle, 10 d Tobacco Prod—.(t) Clasa A_ (t) 94 Dividend ctfs C 126 |Tob Prod Expts—t 2% Todd Shipyards + 11% 2% 21% 32 3% d 'TImken , 100 21 + d 64% 6% 6% preferred—(t) Socony Vacuum 2 7% 4% 4; 12 100 100 10 Gas (t) Republic Steel (f) Preferred 100 Revere Cop & Br„t Class A T—t 7% cum pref—100 Reynolds Met-—(t) Reynolds Spring \ Reynolds Tob 10 B common Rice Stix d 12% . Pref (non-vot) 1001 45 t Smyth Mfg Co.—25 d 9 % Tide Water Oil Snider Pack 2% d 1% 15 d d d Tide W Assn Oil--+d Preferred 100 % % 53 48 100 RemVn Randcem.t 1st pref 4% 10 8 pf.lOO Preferred 75" Conv pref (t^ Thayer-Foss pref 100 Thermold Co (t» 7% cum pref-.100 Thompaon-Starret -1 83% pref (t) Thompson (J R)_-26 Thompson Prod A-+ (f) d f nger Mfg Ltd.. .£1 Mfg ioo Singer 9% 1% 3% 28% % cum cv 10 8% t xd b ThatcherMfg(vot) (t) d 98 4 Co pref 100 Sinclair Cons Oil f Button-Hole pref- ~9% 1 4 101 8 29 ! 58 B—(+) d d (t) Common 1st pref U 8 Dlstrlb U S Tobacco 30 ^ 1% 45% $6 preferred ( U S Bobb & Shut.100 Preferred 100 d U 8 Dairy Prod A (t) 1st 2 5 — 10 d Corp 98 100 J- d U S Shoe com—_t Preferred 100 % Tex Pac Coal4O11.10 d Texas Gulf Sulph (t) d Textile Banking—-c d Silver (Isaac) 4; Bros (Franklin) 3 15 13 iiH 97 r Simon 2 28 d (t) 8har_(tj t (t) 1st preferred—100 J* d - 1 d (t) Preferred U 8 Realty 4; Imp US Rubber 5 i 3 25 d 3% 3% 9% d 1 : 81 85 100 com Preferred Tennessee Prod pref. Texae Oorporatlon25 d ~4% 18 Simmons Co Slroms Petrol w nu 9 3% 21% 27% d Preferred-.,-100 '7% iH deferred—100 Technicolor Inc—(t) « [Telaot'g'ph Corp—1 d 12 Can—ft) dr common A Preferred Common 2% Id 22% United Porto Rlcan U 8 2% % d 1 d t Leather vtc. (t) 12% 5 10% d -f d Common vtc 10% 7% 105 17% 21% — 25% 10% Shubert Theatre, (t) d Silica Gel Corp—i 58 Preferred Raybestoa-Manhat 24 6% vreiAA_—10f Sher-Wins 10% Iron 4; Steel com. 1ld d Shippers Car Line A_ "4% Quaker Oats Hosiery M (vot)10 Pref (voting)..100 Union Oil— & % % conv pf. 100 Sherw-Wllliams 21 9 60 3% 2% 83.60 conv pref-Ii d Shafctuck (Frank G)1 d (t 2 1 7 30 1 Taylor Milling Taylor-Wharton d Sharon Steel Hp- (t) d Sharp 4: Dohme j d SbeJJ Transp 4, Tr £i Shell 12% B Preferred 3% 50 _ d Pullman Inc (t; d Punta Alegre Sug_60 Otfs of deposit _50 Purity Bakeries. 9 32 95 60 com 3% 60 vtc—(t) d 8tores 3 20 io< Pfeferfed vto-100 Shaffer Q, 15 7% , cum Class 2% ~9~~ 7 103 Taggart Corp com-+ Taylor-Colquitt Co ^ 20 100 U S Gypsum 5 Symington Co — d M i 16^ ~8% Preferred United Fruit U 8 Glass Preferred 25 10 Sweets Co of Am.50 Swift & Co 25 d6 Swift Internat 1--15 d 20A Syracuse Wash Mach 28% 15 18% 5% 20 3% % 7 10% com Common d Preferred-, 30( Sellers (G I) 9c Sons Sheffield Steal 94" 100 Publication Corp (t) t Co pref _. 2nd pref 2% Segal Lock & Hard- Seiberllng Rubb Preferred 100 r <st Gamble.- (t) a 3i 8 % Preferred 100 150 1st pref w* 60 23 15% 37% 17% 1% 8% 2% 15 d United El Coalvtct Un Eng & Fdy 1 Class A 22% 80 pref--100 11% Superheater Co 1 « % Superior Oil-—---J a Super PortlCemA(t) d Common B (f) » AU, Superior Steel—101 4% Swallow Air plane, j- an ---Swan & Finch Oil.25 d 1% — d Proc „ 12 "2 ware com__.(t) Preferred 50 d 25 Lambert._1 (t) Price Bros 1st d 15 < . Oil 6% . r Pressed Steel Car Reece Sun lot Co common. Class A__ (f) d Class B —( t) Prairie Oil 4; Gas _2o cum 59 88 _ 7% pref 88 53 Scullin Steel d / + Seaboard Oil (t) d d Seagrave Corp , Sears, Roebuck &' " 3 50 "2% t 4 82 d (t 3% 55 % 5 Preferred 10C d Scotten-Dillon Co 10 d Scott Paper 1 Scovil] Mfg d 2 1% dr 22 Strawbrldge 4: Cloth 6% preferred—100 7% preferred Stromberg-Carls Tel Studebaker Oorp.._i Preferred 10C Stuti Motor Oar—1 Sugar Estates Orlente pref 100 Sullivan Mach'y.(t) Schulte United.-(f) d 105 Cord-100 Preferred Gas abovecom. Preferred Poole Eng & Mach A Class B Poor & Co class B.(t) d Port Alfred P & P_. r , 3% 7% preferred—100 Schulte Retail St Plimpton Mfg ColOO 45 10C Savage Arms ft) Savan'h Sug com t Preferred 100 Saxet Co—See Ro¬ 7% 35% Pittsb Term CoallOO "■:* % Preferred 10 —100 Pitts United Corp 25 d 1% 7% conv pf 100 34 Plttston Co 1 (t) d 5% pref Prod & Ref 100 32 4% % 1% Stlunes (Hugo) Corp 1 d Stix Baer 9c Fuller (t) d 100 31 5 d |Stone 4; Webster (f) 3% 16% d d Stetson (J B) (t d Preferred 2i d Stew-Warn Speed-10 d 52% 12 d 25 dr 25% 7 Preferred- 85 50 Preferred Pittsb Steel pref-100 Pratt & 0% Prod. Untd Publish pf 100 dx 36 Untd Sh Mach Oo25 dx 31 Preferred 25 : % United Stores com 1 , Oomp__l00 ^Preferred Pittsburgh Steel Fdy Plymouth 70c 80 St Regis Pap, com.i 100 Preferred r 17 (Pa)—100 com 45 10* 100 0% pref- United Dyewood.100 Preferred 100 Untd Profit 8 d share. • Preferred m + mm Stanley Co of Am (t) Stanley Works 25 Starrett(L S) Oo_(tt Starrett Corp—(t) Preferred -25 'Steel Co of Can— (t) St Maurice Val Corp PIttsb Brewing—50 d Preferred 60 d Preferred 100 15 (t) d Pirelli Co of Italy Am shs 500 lire— d Pitts Coal 90 United Cigar Stores of America —(t) d Sugar 90 Preferred A 100 Stand Tank Car 1 d Preferred- ——100 Preferred A—100 Preferred B 100 85^ 89% Nat Stk Y__ 100 St L Rocky Mt 9c Pacific Co 10C 300 Pittsb Oil & Gas.—5 PIttsb PI Glass-.25 Pitts Screw &Bolt(t) 10( Screw. 100 |Stan Text Prod—100 §fkOMOo7%pfioo st L Cot % 6 Pillsbury Flour Mills common 89% 33 Rref class Ja . 89% 83 r 28% 28 25" com 15 Standard . Per Par Unit Paper BoardlOO Unit Piece Dye com t 18 25"" 40 dr 65c. A___50 dr 2 St Lawrence Flour 13 17 85 6 49 7% 28% 24% 20 36 34 % 5% 17% iH 23 4 Mills 3% 11% 119% 2% 24% 15% 8% 75 istand Bid. Stocks. DIv ctf—See Tob 11% 117% OU (Ohio)—25 16 6 16 5% preferred.. 100 Stand OU Expt pflOO 35 6 33 d 12% 2% 55 3% 10% d Preferred 5 % 105 Rubel Ice & Coal— Preferred 31 100 Pierce-Arrow Mot Oar Corp t Preferred 100 Pierce Oil Corp 26 d Preferred 100 Pierce Petrol --t 2 Ruberoid Co 10€ Rumidor Corp com t Safety Oar H 9c L100 Safeway Stores._(t) d 6% Pref 100 7% pref ion St Joseph Stk Yd 100 5% 3% '*■» 3 d Royal Dutch Co N Y 26 - Preferred Pigg Wlgg Corp—t 3% Stand Oil of N J—25 , 5 1 Preferred A Royal Bak Pow_."f Preferred 10C 5% 67 Phillips Petrol f d Phoenix Hosiery—b Common 95 4 % 2% 80 4 Preferred Roosevelt Field -lit Roxy Theatre units. d 2% d 2 d 1% 3% 1% 3% 40 n 6 6 Sptcer Mfg Co— (t) 83 cum conv pref t Spiegel-May-Stern-1 Splitdorf-Beth El Standard Brands (t) $7prefserA 1 Stand Com Tob— t Stand Oil (Cal) —(t) Stand Oil (Ind)—25 Stand Oil (Kan)„25 Stand Oil (Ky)_—10 Stand Oil (Neb)__25 — Rolls-Royce Am 45" 25% 12% Ask. Per share. Par 50 100 Rocky Mt Fuel—100 Preferred 10G 5 Pa-Dixie Cement--1 d Series A pref—100 Penn Glass Sand pfPenn Salt Mfg—50 d Bid. Stocks. 12 Preferred 2 Penn Goal 9c Coke 5u d Penn Traffic Penn-Mex Fuel First preferredlOO Rock wood Co (f) d 31 86% d 11% _ Co Common 6% cumcl ApflOO Ask. ~Per\ share. Par 100 STOCKS MISCELLANEOUS Bid. share. 24 & (t) d 22% 35 90 10 47 INDUSTRIAL Stocks. Ask. Bid. Par West Dairy Prsd At Glass B v ft o—(t) W't'n Md Dy Go (t) Prior pref 50 Per 10% 2% Bid. Stocks. Part share Wheel Steel Oorp 100 Preferred 100 11% 2% MISCELLANEOUS & 50 White Motor Per Ask. 9 6 pflOL 12% White Sew Mach (t; Preferred (17 1 West'hse El A Mf.CO Mf 1st preferred-,—50 Westland Oil___ (t) 23% 00% W* 70 White Rk Mln Spgn-t Plrst pref 100 Westmoreland Coalf ~5~" Westmoreland, Inc.f Weston El Instru—t Glass A t W Va Pulp A Pap—t Preferred 100 Westvaco Chlorine Products... t d Second pref_. 100 Whitman II 6 6% 11% 16" Whlttelsey Mrg—50 (H P) Oil A Gas (t) d Wilcox-Rich Oorp— Gloss A (t) Wilcox A Glbbs C& 14 16 87 9 Willys-Overland . Preferred Bid. Bonds. Burlington4Hs 1957 opt *37 4%b Feb 1957 opt '3? FAA 5s Feb 1953 opt 1933 FAA 5s Dec 1963 opt 1933 JAD California—5s 1951 opt 1931-MAN 5s July 1959 opt 1936 JAJ 5%b Nov 1951 opt 1931-.MAN Central HI—5a *53 opt *33—JAD 5s July 1 1953 opt 1933—JAJ Central Iowa—5s *o3 opt '33-AAO 5a May 1 1942 opt 1927-MAN 4Hs Nov 1 *62 opt ,32—MAN Chicago Joint 5Hs'hi opt'31MAN 5 s 1951 opt 1931... MAN 5 s 1952 opt 1932 MAN 5s 1963 opt 1933 MAN 4 Ha 1952 opt 1932 MAN iHa 1963 opt 1933 -MAN 4Kb 1952 opt 1932 MAN 4Ha 1964 opt 1934 MAN 4%a 1965 opt 1935 AAO Dallas—5s 1953 opt 1933—MAS 5s 1954 opt 19345s 1963 opt 1933 - AAO JAJ JAJ 5s 1966 opt 1936 AAO 5Hs 1951 opt 1931 MAN Dayton-Agric 5s *64 opt '34—JAJ Denver—5s 1954 opt 1934--JAD 5s 1955 opt 1935 FAA 5s 1956 opt 1936 FAA 6%a Nov 1951 opt 1931—MAN Des Moines—5s *52 opt *32. MAN 6s May 1953 opt 1933—MAN 5a 1965 opt 1935 5s 1966 opt 1936 5s 1963 20 30 t d A Mach 4% 3% (f) -25 d "l% 14 100 d Preferred A 101' Preferred B—100 Wright Aeronaut!, t d Wrigley (Wm) Jr._t d Wurlltser (Rudolph), 20 19 Common 7% 45 45 40 45 45 50 v; 50 Bonds. Bid. 40 44 45 50 45 50 38 38 43 38 38 34 39 31 35 41 37 37 74 77 76 80 86 55 92 55 58 33 41 37 45 41 45 36 36 55 55 55 55 55 55 58% 76 76 opt 1933—MAN 5>*s Nov 1951 opt 1931—MAN Fremont—5s 1953 opt '33-JAD 5s 1952 opt 1932 MAN 4%a 1965 opt 1935 JAD 4%a 1966 opt 1936 AAO Greensboro (NG)5s*53 op'33 AAO 5s Dec 1955 opt 1935 JAD Greenbrier 5s 1964 opt 1934-AAO os 1965 opt 1935 JAJ 5s 1957 opt 1937 MAS 72 48 57% 57% 57% 60 53 56 57 61 57 61 57 61 58 62 41 45 41 45 45 47 36 40 AAO JAJ FAA JAD FiratofChey—5s'52 opt *32 MAN Firstlof Olev—5s*53 opt '33-MAN 36 40 36 40 36 40 36 40 lstofFtWayneSHs'Slopt'SlMAN 53 55 52 55 59 64 57 57 59 57 59 20 25 20 25 20 25 20 25 20 25 46 51 46 51 46 51 46 51 50 5s 1955 opt 1935 5s 1943 opt 1928 5« 1942 opt 1927 MAN MAN —JAJ JAJ 4Mb 1965 opt 1935 4Mb 1966 opt 1936 4M« 1967 opt 1937— JAJ Louisville—6s 1952 opt 1932MAN 5s Nov 1953 opt 1933 MAN Maryland-Va 5s*55 opt '35-MAN 5s 1956 opt 1936 JAD 5s Apr 1957 opt 1937 AAO Minneapolis Trust— 5a Nov 1952 opt 1932 MAN Mississippi 5s *55 opt '35 FAA 5M« Nov 1951 opt '31—MAN New York 5s *52 opt *32 JAJ 5s 1953 opt 1933 —JAJ 5a 1955 opt 1935 JAJ 5s 1956 opt 1936— MAN N Y A Pa—5s '53 opt '33—JAJ N Y A N J 5s 1953 opt '33—JAD 5s 1954 opt 1934 MAN 5s 1955 opt 1935 JAD 5s 1958 opt 1936 JAD No Oaro—5a '53 opt *33—-MAS 5s 1952 opt 192 L. MAN 5s 1955 opt 193 J FAA 6s 1956 opt 1938 MAS 5s Apr 1957 opt 1937--.—AAO Ohlo-Penna 5s 1954 opt 5s Jan 1958 opt 1938- 1931 JAJ —JAJ Oregon-Wash 5s '52 opt' J2-MAN 5s Oct 1953 opt 1933 .AAO — 58 55 50 55 43 48 48 43 53 58 53 58 53 58 58 53 5sl968 opt 1938 Ill-Mldweac—5s '53 op 5s 1954 opt 1934 '33-AAO JAD MAN 45 4Ms Mar 1958 opt 1938.-MAS 45 4 Ms 1956 opt 1938 -MAN 45 Iowa 4M8 1955 opt 1935 AAO 42 4 Ms 1956 opt 1936 FAA 42 5s Nov 1951 opt 1931 MAN 40 Kentucky—5s *52 opt '32 MAN 40 5s 1954 opt 1934 JAJ 40 5s Jan 1957 opt 1937 JAJ 57% Lafayette—5a 1953 opt '33-MAN 57% 4Ms Nov 1957 opt 1937-MAN 57% Lincoln—5s 1951 opt 1931-MAN 41 1% 1% Yale A Towne 25 d Yellow Tax! (N Y)— d Yellow Truck A Coach MfgclB-10 d 38" , 6 4 40% 40~A 83 87 14% Young (Edwin H) d Drug units Young (J S) Go—100 Preferred 100 Young (L A) Spring A Wire. (t) & Youngstown Sheet 20 30 20 24 Preferred Zenith Radio 7 4% 44 46 A Tube Bonds and 100 (t) d d 3 or 98 6% 41 46 41 41 46 46 37 40 32 36 5a July 1956 opt 1936—JAJ Pennsylvania 5s '53 opt '33-MAN 5s Feb 1955 opt 1935——FAA 5s I960 opt 1936 —AAO 5s 1907 opt 1937 MAS Phoenix 4%s '61 opt *41--—JAD 5s 1961 optional 1941 J&D 58 58 58 58 58 68 58 68 58 58 58 <54 54 54 54 66 71 33 46 46 46 33 33 33 33 30 San Antonio— 57 51 61 May 1953 opt *33—L-MAN os 1953 opt 1933 MAN 5s 1954 opt 1934 MAN 5s 1956 opt 1938 JAJ 5s 1957 opt 1937 JAJ 5s Mar 1958 opt *38 MAS Shenandoah Val 5s 45 op "35 JAD So Minn 5Ms '51 opt '31—MAN 5s May 1953 opt 1933 MAN 5s 1952 opt 1932 MAN 5s 1964 opt 1934 MAN Southwest (Little Rock, Ark.)— 5s May 1956 opt 1936 —MAN 5s May 1957 opt 1937—MAN 55 55 5s Aug 1955 opt 1935 FAA Union (Det) 5s '54 opt '34—MAN 5s May 1955 opt 1935—MAN 59 Tennessee— 51 67 75 60 80 70 55 55 55 58 53 57 57 90 60 60 60 63 58 61 61 51 55 53 58 53 58 63 67 1956 opt 1936 5s 1957 opt 1937 63 67 4 %a 1955 opt 63 67 JAJ JAJ JAJ JAJ JAJ os 1935 4%s 1956 opt 1936 4%a 1957 opt 1937 Union Louisville, Ky— 59 59 59 59 59 52 20 20 20 20 41 41 41 52 52 52 52 45 45 45 58 65 45 50 5s 1952 opt 1932 MAN 46 51 53 52 5s Nov 1954 opt 5s 1957 opt 1937 1934—MAN 48 —FAA 53 48 52 45 48 48 52 48 52 VIrglnla-Oaro 5s '53 opt '33-MAN 5s Aug 1954 opt 1934FAA 5s May 1957 opt 1937—MAN 5s 1956 opt 1936 -FAA Virginia—5s '53 opt '33-MAN 48 52 52 48 52 5s Nov 1 1951 48 52 5a 1955 opt 1935 48 40 52 53 45 45 45 55 55 55 52 35 35 35 35 35 opt 1931-MAN JAJ Par STOCKS 40 Atlanta. 40 Atlantic 40 Chicago 40 Dallas Denver 52 55 55 39 44 First Oarolinas 39 44 Preemont -.100 100 — 100 100 100 100 Des Moines Kansas City ...... —... ..... Kentucky— —-100 , 100 Lincoln North Carolina Oregon- Washington Potomac St Louis 100 San Antonio 5 South Minnesota.........—10( Virginia 1 — —f i i i i i 7% 40 St Louis—6s 5s i i 38% % 8 46 *33—JAD 5s 1952 opt 1932 MAN 5s 1943 opt 1928 JAD 5b Mar 1954 opt 1934 MAS 5s 1955 opt 1935 MAS 4Ms 1956 opt 1936 JAJ i 13 Potomac 5a 1954 opt 1934--JAD 5s 1956 opt 1936 JAD 5s 1957 opt 1937 FAA 5s Jan 1958 opt 1938 -JAJ 1953 opt ?3% 25 12% Pacific Coast Jt Stk Land Bk— Portland, Ore—5s'53op'33 JAJ 5s 1954 opt 1934— MAN 5s 1955 opt 1935 MAN 5s 1958 opt 1936 JAJ Los Angeles—5s '53 opt '33 JAJ 5a Mar 1957 opt 1937—MAS San Fran—5s *53 opt '33—JAJ 5s Mar 1954 opt 1934—MA8 10 19H Bid. Stocks. Ask. share f (unstpd.). d Zonite Products 9 16 100 Preferred m«mmm 5s Sept 1957 opt 1937—MAS Salt Lake O—5s *53 op *33 JAJ 5s Nov 1953 37 36 68 70 43 67 43 51 65 43 33 38 FAA 47 74 70 38 5s Feb 1957 opt 1937 Fletcher 4 %b 1954 opt 1934 51 51 4Hs 1955 opt 1935 4%a Nov 1957 opt 1937-MAN 65 43 MAS Sept 1954 opt 1934 51 77 77 41 70 43 ... 47 47 47 74 43 27 Ask. MAN MAN 65 37 45 first New 5s 1% 3% 1% 3% 24 Per 100 First Trust of Dallas— 45 40 Bid. Par share preferred.ipo 50 40 Per Worthlngton Pump 50 45 43 1933——MAN 4^s May 1957 opt 1937-MAN 4%b Nov 1957 opt 1937—MAN First of Minn—5s *51 opt'31 MAN 6s 1952 opt 1927 MAN 5s 1952 opt 1932 MAN 5s 1953 opt 1933 MAN 5%a 1951 opt 1931 MAN First of Montgomery 5« *54 opt *34 5s 1966 opt 1936 AAO 5s Apr 1967 opt 1937 AAO 5s Dec 1967 opt 1937 JAD 32 45 55 46 40 41 5s Nov 1953 opt 28 45 52 43 MAN 5s 1954 opt 1934 5s 1955 opt 1935 5a Feb 1956 opt 1938 5s Jane 1956 opt 1936 99 f — Preferred 100 Wolverine Portl O 10 d Woods Mfg 100 T Preferred 100 r Woodward Iron. 100 Preferred 100 Woolw'th (F W)-_10 d Worcester Salt. 100 Orl 5s '44 opt '34MAN first Texas—5s '42 opt '32-MAN 5s 1943 opt 1933 MAN 5s 1965 opt 1935 MAS ">• lUOtt opt 1936 AAO First Trust of Chicago— 4%b Feb 1958 opt 1938—FAA 4%a Dec 1955 opt 1935—AAO 4%a July 1954 opt 1934 JAJ 55 5Hs Nov 1951 opt 1931—MAN 1933 26 90 21% 19% 1% Ask. 52 First Oarolinas—5a 52 opt'32M AN opt 22 115 100 Glass B 10% Agricultural—5s '53 op '33-MAN 5s Nov 1952 opt 1932— MAN Arkansas 5s 1952 opt 1932-MAN Atlanta—5s 1952 opt 1932—JAD 5a 1957 opt 1937 JAJ 5s 1955 opt 1935 MAN 5s 1958 opt 1938 MAS Atlantic—6s 1953 opt 1933—MAS 5s 1952 opt 1932 MAS 5a 1954 opt 1934 -JAJ 5s 1955 opt 1935 —JAD 5s 1957 opt 1937— MAS 5s 1953 opt 1933 MAS Bankers—5s *53 opt *28 JAJ 5s May 1952 opt 1932 MAN 5a Nov 1953 opt 1933—MAN i%B 1955 opt 1935 JAJ % 1% % Wilcox 20 85 Wmpf_10< Glass A 9% 88% 80 12 White Mot Sec Wilson A Go 27 9% Westing Air Br p'ke(f) Preferred Par Stocks. Ask. Bid. Stocks. share 91 STOCKS 20c z% 8% United States and Municipal Bonds In reporting below prices for State and municipal securities, we give bid and asked however, is to quote municipal securities on the basis of the return they yield per annum. prices we quotations wherever they can be obtained The custom Therefore In most cases It will be found that instead of actual have inserted in the column headed "To Net" certain figures to Indicate the interest rate at which business in the bonds is being done. Thus 4.35% means that the particular security can be bought or sold at a price that will yield the purchaser or seller 4.35% per annum to the maturity Where two figures appear, as for instance "4.25 % to 4.35%the rate of return varies according to the maturity—the shorter maturities yield¬ of the issue. ing the lowest rate, and the longer maturities yielding the highest return. In State and municipal bonds the custom has always been to quote them "and Interest." That Is, the accrued interest must in all Note.—Owing to the present demoralized condition of the municipal bond markets, brokers and dealers find it difficult, and in cases be added on. many cases, almost Bid prices, especially for the smaller municipalities, are practically out of the question and sales or matter of bargaining between buyer and seller. In fact the absolute lack of demand often causes good bonds to be offered at almost mpossible to make quotations for municipal bonds. terms are any simply a price. ' ';'' ' ; Yield Basis Bonda. Bid. Ask. UNITED STATES—See also pa ge 18. First Liberty Loan— J&D 100*3i 8M% ofl932-1947 100331 99163j IOO'I, 2d conv 4 M% '32-'47-J&D Fourth Liberty Loan— 9928« iob~63i~ 100231 4M% of 1933-38 A&O 1002J3» 1002*31 Treasury 4Mb 1947-1952 A&O 102 3"ll 1032si 100*3, Treasury 4s 1944-54.-—J&D 100231 972231 97l63i Treasury 3Ms 1946-56—M&S 94231 94*83, Treasury 3Ms 1943-47..J&D Treas 3 Ms June 15 '40-'43J&D 94203, 95*31 94 2631 Treas 3 Ms Mar 15 '41-43 M&S 95*31 Treas 3 Ms 1946-1949 90273, 91*31 J&D Treas 3s 1955 opt '51 -M&S15 88 283i 89*31 2s Fan Can Nov 1938 102 M Q-I 102M 8s Panama Oanal 1961—Q-M 95 97 8s Conversions 1946-47—Q-J 95 97 - U 8 Treas ctfs of Indebtedness 1001231 100**n 3Ms Oct 15 1932 99l73i IMS Sept. 15 1932-.M&S16 99*9m 2 H% June 15 1932 8% Sept 15 1932 3 Ms Aug 11932 3 M % Deo 15 1932 3 Ms Feb 1 1933 10083i 100**3, 100*633 100**31 100**31 100*33, 100*631 1002231 100 268, 100»2„ 1002633 100**3, 3Ms Mar 15 1933 Instrumentalities of U 8 Govt Federal Land Bank—Farm Bonds. Bid. 82 Bonds 84 82 84 4 Ms 1956 opt 1936—J&J 4Mb Jan 1957 apt '37 J&J 41957 opt I937.M&N 4Mb 1958 opt 1938.M&N 83 6s 1941 opt 1931—M&N 83 83 83 93 85 85 85 85 94 98 99 is is (s Is 1933 opt 1932 -J&D 1942 opt 1932.M&N 1943 opt 1933 J&J 1953 opt 1933 J&J 1955 opt 1935 J&J 1956 opt 1(36 J&J 1953 opt 1933 J&J 1954 opt 1934—J&J 6a Road A&O 6 6.50 77 1935 87 87 89 86 88 86 88 89 87 to 5% to 5% to 5% to 4.75 to 4.75 to 4.75 to 4.75 to 4.75 to 4.75 94 94 94 100 100 100 to 5.15 to 5.15 to 5.15 to 5.15 to 5.15 to 5.15 to 5.25 to 5.25 to 5.25 6 5.50 to 5.25 90 98 85 91 80 91 6 6.25 6 6.25 5.50% 5.50% 6.25 5.50% 6.25 5.50% A&O 6 4s 1937-1941 A&O 6 6.25 4s 1942-1961 A&O 6 6.25 4Ms Pub Imp 1932-37-A&O 6 6.25 4 Ms 1933-1930 A&O 6 6.25 4Mb 1937-1960 A&O 6 6.25 4Ms Pub Imp 1932-1937— 6 6.25 5s Sewers Sept 20 '41— M&S 6 6.25 Gadsden 6% Impt 1933-38—. 75 5s Schools 1932-40 75 HuntsvtUe 5s Funding 1942-. 6s Pub Imp 1936-1938 68%" Jefferson County— 4Mb Ot H'se 1934-43—M&N 6 4Ms Ref 1934-1961—A&O to 5.25 to 5.25 6 5.50 A&O 6 / Flat price, 85 85 6M "70" 70 70 70 70 70 70 70 70 73 73 73 5.50% 5.50% 5.50% 5.50% 5.50% 5.50% 5.50% 85 85 '7% 6% "80"' 80 80 80 80 80 80 80 85 85. 85 abizona So. San 98 83 83 t In Londso. n Joaq Irrlg Dlst 5M*— 52 95 "96' 93 96 canada—See page 94. colorado Prescott 5b 1948 J&J Roosevelt Irr Dia 0s'45-'53J&J 0s 1938-1957 J&J Tucson 5s Water I960-—-J&J 4Mb W Mar 10 97 95 Colorado 96 to 4.30 to 4.30 tc 4.30 to 4.30 to 4.30 to 4.30 to 4~80 45 40 to 4.75 CONNECTICUT •4s July 1936 J&J •5s July 1 1936 J&J Bloomfleld 4Mb 1933-—A&O 4 Ms 1934-1952 A&O J&J Branford (T) 4Ms'32-'50. J&D to 4.75 to 4.60 4.25 Bridgeport 4Ms 1932-65.J&J 4Mb High Sch 1933-63-J&J •4 Ms Sewer 1933-40—-A&O 4Mb 1932-1957 A&O ♦4s 1933-1968 F&A 8Mb Improvt 1932-41-J&J *5s Construc'n 1932-49 J&D 425 4.25 4.25 Bristol 4Mb Water 1939—J&J •5s July 1 1932-55 J&J •Cheshire 4Mb 1933-45—J&J to 4.60 4.25 4.25 4.25 4.20 4.20 4.20 4.50 Danbury 4s 1940 taxable. J&J to 4.50 4.25 4.25 „ 99 48 101 52 35 45 99 101 47M 39 Los Angeles 4Mb 1932-51-J&D 6 4.50 4s Water 1932 to 1945.M&N 6 4.50 4s 1940-1945 4s 1946-1962 ■ 3Mi Water 1932 to '41.A&O 6 4.50 4 Ms 4Mb 4Ms 4Mb Water 1932 & '33-A&O Water 1934-'40—A&O Water 1941-70-—A&O Sch 1932 to 1944-J&D 6 4.50 4Ms 1932-1968 .J&J 6 4.50 4Mb 1933-1969 M&S 6 4.50 5s Municipal 1932-61—F&A 6 4.50 5Ms Harb Imp '32-'61M&N 6 4.50 Los A C 8 D 5Ms*'32-34 M&N 6 4.50 5M« Not 1935-00 M&N 5b 1932-1934 F&A 6*4.50" 6B 1935-1964—F&A 4s 1932-1934J&D 6 4".50' 4s 1935-1936 J&D 4s 1937-1945J&D 4a 1946-1961 J&D Los Ang Oo 4jMs '33-'49 F&A Merced Irrg Dlst 6s / 30 Modesto Irrlg Dlst 6s 92 Oakdale Irrlg Dist 5s / 38 Oakland 5Mb 1932-43—-F&A 6 4.50 4Mb Mun Imp '32-'43.F&A F&A 4Mb 1932-1905 Oakland 8 D 4s 1932-44—J&J Orange Oo 5e 1933-45—M&S Pasadena 4s Jan 1932-42- J&J 6 4.50 4Mb Wat Pl't '32-'36—A&O Redlands 5s 1932-51,— J&J15 6 4". 50" Riverside 5s 1932-'53 J&D 6 4.50 Riverside Oo 5s '32-*54—M&N 6 4.50 Sacramento 4s Jan '33-*45 opt 4Mb Sew & Dr 1932-34^ Sacram'to Oo 4Mb '32-'40 J&d San Diego 5s WW *32-'54 a&o 6 4.50 5s Water 1932-03 J&J 6 4.50 5s Municipal 1932-1900 J&J 6 4.50 _— „ y Per £20. to 4.80 to 4.80 °80 to 4 4.25 to 4 to 4.75 to 4.60 to 4.60 to 4.60 to 4.60 to 4.60 to 4.60 to 4.60 to 4.60 4Mb Sch 1950-59 to 4.50 to 4.50 to 4.75 to 4.75 to 4.75 M&N 4.50 Bast Hartford Fire District¬ 's Ms 1932-1951 M&N 4s Water June 1933—-J&D 4~80 4.60 Glastonbury MMs '33-58. J&J 4.60 Greenwich »4Ms 1932 33-J&J *4 Ms 1934-1942 tax exra't. 4Mb 1932 M&N 4 Ms 1933-1934 4.60 ___ 4.25 •4Mb 1932-65 J&D 3Ms Fund 1941 tax'le.A&O East Hartford (Town)— 4 Ms Sch 1932-30 M&N 4Ms Sch 1937-49..—-M&N to 4.75 to 4.75 to 4.75 4.75 to 4.40 to 4.75 4Ms 1935-1951 S D 4Mb 1932-1900— •Hamden 4 M ■ 1932 M&8 Hartford 3Ms Bdge '55—J&J •4s Water June 32-'39 J&D •4s Water 1940-45 J&D •4s Water 1932-1938 to 4.40 Greton to 4.40 to 4.40 to 4.60 to 4.40 to 4.60 4.80 to 4.80 to 4.50 70 .50 to 4.75 I 4.80 4.80 to 4.80 to 4.80 to 5% to 4.90 to 4.80 4 80 So 4.80 4.80 4.75 42 to 4.75 to 4.60 to 4.75 to 4.75 to 4.65 to 4.80 to 4.80 to 4.80 to 4.80 to 4.75 to 4.75 to 4.60 to 4.40 „ to 4.50 6 to 4.75 6 to 4.75 6 to 4.75 6 to 4.75 6 to 4.75 _,$■ West Middle 1937-.F&A 6 to 4.80 31 95 M&S to 4.75 SSSS^SS^SSSS^^. to 4.75 •4Mb Northeast 1959.J&D 4Mb 2d North 1944 J&J 8Ms South Sept 1955-M&S 4 Ms Southwest 1944—M&N •4 Ms Wash't'n '41-'47-J&J to 4.80 to4~80 •4 Ms 1935-1938 •4Mb 1939-1960 M&S 4 Ma Munlc Bldg 1933 M&N Hartf'dSD •4Ms'32-,47-M&8 to 4.75 . Manchester *4^a '32-'33M&N 6 *4 Ms 1934-1944 M&N 6 Manchester 9th School Dlst— 4Mb 1932-1951 M&N to 4.75 to 4.75 to 4.75 - 4Mb 1932-1949 M&N 6 to 4.75 Meriden (City) 4M 1934-1943 J&J Meriden IT) 4s '32-*35—M&N MfddJetown 4s 1932-35.M&N New Britain (O) 3 Ms '32.J&J 4s Munlc Bldg 1948 -J&J 4s 1932-1952 F&A ♦4Mb School 1932-'40.F&A •4 Ms School 1940-'52-F&A 4Mb Water Aug 1941—F&A 4MB 1932-1909 —F&A •4Mb Sch Aug '32-'43.F&A •4s Park 1932-1943—-F&A Now Hav (O) 3 Ms '32- 35A&0 ♦4s Apr 2 1940 tax-expt.A&O 6 to 4.40 0 to 6 to 4.75 _ 4.75 4.75 to 4.50 6 5% to 4.50 6 5% 6 4.75 6 4.75 to 4.50 6 to 4.50 6 il 6 5% 6 5% 6 4.70 4M«J Paving Mar 1930-M&8 6 to 4.50 to 4.50 to 4.50 to 4.50 to 4.75 to 4.40 4.70 to 4.40 •4 Ms 1943-1952— 6 4.70 •4Mb Paving Aug *37—-F&A 6 4.70 •4Mb Mch 15 '33-'35-M&S15 6 4.70 to 4.40 •5s •5s '30-'37-'39-'4O-'41—A&O b 4.75 1932-1951 J&J 6 4.75 to 4.70 • Tax firee In Connecticut. % 45 , 4.50 4?40 100 J&J J&J Bjdg Sale price, to 4.10 to 4.10 - M&N - 3 4.50 4Mb Ref Wat 1932-34-J&D 6 4.50 4Mb Ref Wat 1935-67-J&D " 4.50 4Mb Water 1962-1905-J&D 4.50 S D No 1 4Mb 1934-53-J&J 4.50 8 D No 11 1932-1947—J&D 4.50 4s July 1941-1945 J&J Durango 4_Ms 1944 4Mb M&8 "4.90 MoffatTun ImpD5 M S44-6SJ & J 98 5 Ms 1947-1950 J&J 40 5 Ms 1964-1973 J&J 40 5s 1974-1983 J&J / 35 PuebloOo SDNo2O4Ms32M&0 6 4.50 '38..H&S10 Jan5'33-66J&J 4Mb Highway 1936-'48-J&J 30 4Mb 1933-1947— F&A 4Mb Olympiad 1936-71- J&J2 4Mb Jan 2 1933-1936 J&J 2 s 1935-1930 —F&A s 1937-1940 F&A 1941-1947 F&A _s 1948-1952 F&A 4s Harb Imp 1985 opt "50-J&J 4s Jan 2 1941-1943 -J&J2 4s Jan 2 1944-1948 J&J2 Alameda 4s 1932 to 1941.J&D 4Mb Mnn Imp '33-'48-a&0 Alta Irrlg Dist 5s Bakersfield 6s 1932-'52—A&O Berkley 5b 1942-1951 J&J 5a School 1933-1955 J&J Brentwood Irrlg. District 6s— Citrus Heightslrrig Dlst 6s Oonsol Irrlg Dlst 5 Ms East Bay Mun Util Dlst— 6s 1935-1974— J&.T Imperial Irrlg Dlst 6s '38.J&J Neminal. 8pgs4s Mar 11941-1 4Mb 1932-1939 J&J 6 4.50 Denver (City and County)— 4Mb Water 1944 J&J 6 4.50 4Mb Highway 1938-48—-J&D 4Mb Highway '38-'58—-m&N 4mb Pens Notes 1932-'51 A&O 6 6.75 6.50% 4 Ms Highway 1935-65 J&J 5s 1930-1962 M&S "79"" ""§5" Hot Springs 4Mb '82-'50-M&8 Little Rock 4Mb 32-40—M&N 4mb Unfv 87 50 100 96 57 82 45 101 "99 65 Net. 100 100 90 95 1982-1900——— 6 4.50 4Mb Wh & Har '33-'52.J&Ji 5 4.50 6 4.50 4Mb Water 1932-1904 3Ms g July 1 1933-44—J&j 6 4.50 83 60 Irrlg Dlst 5s West Side Irrlg Dlst 6s 6s March 1933 Mar 6s Highway 1947-51-J&J15 Navajo Co 4mb June 15 *32-'30 Phoenix 4Ms160 opt *30—J&J 4Mb 1933-1950 J&J 4mb Court Hse '32-'48-J&D 6s Jan 1 1940 J&J 5s Jan 11954 opt 1934—J&J 5s W W 1933-1950 J&J Phoenix Un H s D 4mb 1948 Ask. j&J j&J Turlock Maricopa County 0 D No 1 5s School 80 Bid. 4Mb Water '57. *5», "59-J&J 4Mb 1932-1951 J&J 4.50 to 4.60 4Mb 1932-1951 M&N 4.50 to 4.60 4Ms Water 1938-1977-J&J San Joaquin Ce 5s "33-"49-J&J 6 4".60" to 4.75 Santa Barbara 5s '33-41-JanlO 4Mb gold Ang 1943 F&A 85 85 75 to 5.15 8Mi Renewal cl 01956—J&J 6 5.50 4 Ms Harbor imp 1934-73 6 5.50 4MB 1952 M&S 6 5.50 4MB 1956 & 1959 M&S 6 5.50 6 Basis, 5s Water 1933-1951 5s Water 1952-1909 california ALABAMA 4H Sanitary Sewer 1922-44 6% 82 75 75 75 75 ——- 89 - 4Ms Refunding 1937—A&O 4Mb Water & Sew '39-J&J Mobile Co— 4 Ms 1932-1948 5s School 1936-1945--4 Ms R & B 1932-38—J&D 4 Ms 1939-1958 j&D Montgomery Pub Imp 6a 1934 5s Pub Imp 1932-1938 75 — 5M« 1945-1904 5 Ms 1950-1969 5s 1949 opt 1929 88 86 4Mb Jan 1945 4Ms Nov 15 *32-'05-M&Nl5 4Ms Nov 15 1936-58—M&N 4s May 15 '46 opt '30-m&N 4s Ang 1947 opt 1937—F&A Philip Isis 4Ms 1952 J&J 4Mb 1950 4HS 1957 M&N is g L Pur '34 opt *14—Q-F 4s P Wks & Imp 1935—Q-M is Impt 1936 opt 1916.F&A Porto Rico 4Ms 1933-34—J&J 4M« 1987-1940 J&J 4Mb Fund 1932 & 33-.J&J 4Ma Funding 1934-'40.J&J 4s Jan 1 1944-1950 J&J 4s gold 1932-1960 J&J il July 1954 Mad'son Co 5s Refunding 194C Mobile 5a School 1943 J&D 5s Refunding 1949 M&S 78 Bonda. San Dieguito Irr Dist 6s San Francisco (City & County) 6% To or Net. Little Rock S D 4s '32-'55M&S St Francis Lev D 6s 1947-J&J 89 87 Honolulu (City & Oountyj5s Pub Impt 1956—J&D 15 6 5.50 5s Jan 15 '33-'56-..J&J 15 6 5.50 6s 1932-1956 J&D15 6 5.50 Haw ail/Terr ,4 Ms '49-M&8 15 6 5% 4s 1934 4s 1935-1930— Morgan Oo 5s 1938-52 Tuscaloosa 6s Pub Imp '32-'35 5s Pub Imp 1935--5s W W 1939-1957 Tuscaloosa Oo 6s Bridge 1941fia Road 1957 5Ms serial 4Mb Fond 1941-50 TERRITORIES & U. 8. PO 8SES3ION8 iMs *36. '42, '46, '49—M&S 4sPub Highway 1949-51-M&S 6s Ala State Bridge Corp'35-'40 Anniston 5Ms 1939 5s Schools 1932-1947——-.. Bessemer 6s Pub Imp 1932-38. 5s Funding 1947 Birmingham 5Ms Pub Imp 1932-35 -M&S2 4s April 1 1933 A&O 6 6,50 Montgomery Co 4mb 1957-59 Yield Basis To Ask. arkansas Loan 4s Nov 1 '57 op '37-M&N 4s 1958 opt 1938—-M&N 4Ms is is is •'\"V"*-.--y';--: or Net. 6s Road 1951 Oonv 4% of 1932-47—J&D Oonv 4M % of 1932-47 J&D • Yield Basis To or to 4.40 to 4.40 to 4.40 to 4.40 % STATE MUNICIPAL AND Yield Basis Bid. To Ask. Now London 4s 1933 A&O •4Kb Imp 1933-1935—MAS 4Mb Park July 1942 J&J •4Ms Water 1958 F&A 5s Dec 1 1937 J&D Nsrwalk (G)4a 1954-1964 •1Mb Scb Mch 1933-1968— •4Mb ImproTl '32-'39--J&J 3 Ma 1933-71 A&015 3Ms Sower 1947-70- J&D15 5a 1933-71 A&015 Norwalk (T) 4Kb 1942—J&D 4Mb 1936-1968— Norwich 4 Ms water 1939-M&S •4Ha 1932-1964 M&815 4Mb Refunding 1038--A&O •Plafnflald (T) 4 Ms *33-'57A&0 Putnam (T) 4 Ms *33-'46-A&0 •Rldgefleld (T) 4Mb Jan 1 '43 Stamford (O) 4s 1942 MAN Stamford (T) 4Mb '33-*45 J&J •4M Sch 1932-1965 MAN 4Mb High Sch 1932-'59 J&D Stonlngton 4Mb *1933--A&O Torrlngton *5Mb 33-'85-J&J •5Ms Fund 1936-*41 J&J 4Mb July 1 1939 J&J 1932-46 4.75 to 4.75 to 4.75 to 4.75 to 4.60 to 4.60 to 4.70 to 4.60 to 4.60 to 4.60 to 4.60 to 4.60 to 4.60 to 4.60 to 4.60 to 4.70 to 4.70 to 4.70 to 4.50 to 4.50 to 4.50 to 4.50 470 to 4.70 to 4.70 Wallingford (Town) 4M* 1933. '31. '43.'41. '53 4s Argentine Re pub— Internal 5s(of *09) 1945M&8 63 M 4b £ loan of 1897--——A&O I 68 Xxt 6b of '23 1957 A—M&S 51M 1st g 6b 195$ Ser B J&D 51M Sink fund gold 6s 1959-J&D 51 % Extl a f 6s Oct 1959—A&O 51M Extl s f 6s 1960 M&N 51M Extl s f 6s 1900 A&O 51M Ext > f 0«(State Ry)'©0 M&B 61M Extl 0b sanlt wka 1901-.F&A 51 % Extl 6s pub wks 1901-M&N 51M ■xtl 5M« pub wka '62.F&A 47 Australia (Commonwealth)— Ext 6b July 15 1955-J&J16 60M Extl 6b 1967 M&S 60 M Extl 4Mb 1950 -M&N 55% Austrian Govt s f 7s '43-J&B 96 Int a f 7s 1957 J&J 50M Bavaria (Ger'y) 0Ms 45-F&J 36 Belg Govt extl 6Ms 1949 M&S 92 External s f 6s 1955 J&J 85 Extl sf 7s 1955 J&D 97M Stabillz'n loan 7s 1956M&N 98M Bogota (Mtge Bk) 7b May *47 24M 7s Oct 1947 ——A&O 24 M BoliviaCRep) Ext 8a 47-M&N 7M Extl 7b 1958 J&J 5M Extl s f 7s 1969 M&g 5M Brazil 8% ext 1941 J&D 26 M 7s Cent Ry elec 1962—J&D 21 % S f 7 Mb (coff.sec.'22) 195270 Extl s f 6Ms(1926) '67-A&O 23 M Extl b f 0Mb(1927) '57-A&0 23M 5b of 1195 / 15 6b of 1913 f 15 4Mb of 1883 f 14 4Mb of 1888 / 13 4b of 1900 / 14 to 4-.70 J&D to 4.70 Water bury— 4s Water 1932-1939—J&J15 to 4.70 4a Water 194O-1905-J&J16 to 4.60 4Mb Olty Hall '32-'63—J&J 4Mb July 15 1932'00-J&J16 •4Mb Water 1933-44—J&J16 •4M BdgetSt.&c.'4<M)4J&J16 •4MB 1946-1953 J&J 16 •4Mb Water 1935-*64—J&J - to 4 70 to 4.60 to 4.60 to 4.60 to 4.60 to 4.60 •4MB 1932-1934 J&J16I& 5f Water 1932-1951—M&N to 5s Water 1952-1971-M&N15 4b Bf 19104a of 1839 4.75, 4.85 4.60% to 4.60 % — West Hartf'd 4H» 1943—J&D to 4Mb Mar 16 1933-'48-M&8 W HavUSD»4 M s'32-'56 .MAN to 4.60 Weatport 4 Ms 1935-1944 to 4.60 Windham(T) 4Mb '33-'36-J&J % to 4.60 Weston (T) 4Mb '32-'45-M&N to 4.70 4b 1933-1934 4a 1935-1937 J&J J&J J&J J&J 4s 1938-1942 4b 1942-1952 to Extl 4.60 4.20 4.20 5 5 4.50 4.50 4.60 4.60 4.50 4.50 4.50 4 50 S&O A&O A&O Extl 9 9 6b Rer & Impt '33-*56 var__ Dade Oo 5a Oct 1947-'54 A&O 5a 1932-1937 J&J Dade Co Spec Sch Dist No 9 1932-1935. Duval Oo 5Mb'32 op'12 M&N 5b Armory 1944 J&J Jackoonville 5a Jan 1 '38. J&J 5b Jan 15 1934-45—J&J 15 — 5Mb Jan 15 1934-45-J&J 15 4Mb Feb 1937 F&A Jackson* 8 D No 1 5s Apr '45 Lakeland 6s. Miami 5 Mb 1932-35 13 13 13 70 80 75 85 42 52 94 94 98 98 92 90 90 90 88 96 95 95 95 93 38 44 46 46 46 48 O&A 46 48 4Mb 1936-1938 A&O 4Mb Munlc Imp'32-'55M&S 6s School 1940 J&D 46 Extl 48 46 82 48 M&S M&S 6a 1932-1939 5B 1940-1956 5a 1933-1935 Miami Beach 5 Ms 1932 48 48 66 5Ms 1933-1935 M&N 82 86 5 Mb 1936-1939 M&N M&N 82 86 82 86 5 Ma 1940-1950 Orlando 5Ms 1931-1952 Orange County 5s 1944—J&J 6b 1952-1953. J&J Palm Beach 6s 1931-1952 55 65 62 Psnsacola 4Mb ref 1941—A&O 65 75 75 78 70 • % School 1932-1951—J&J Pinellas Co 6s 1940 St Augustine 5b 1955 J&J 65 70 40 40 40 35 35 50 60 50 40 35 40 F&A •fllmpt 1932-1937 Bt Petersburg 5 Mb 1949..J&J 5Ms 1932-1953 J&J 5 Mb June 1954 J&D 6b 1931-1938-— Tampa 5s June '55 op '25 J&J 5b W W Purch '32-72-F&A 4Mb Impt 1932-37 J&J 65 75 40 35 18 Certificates FOREIGN GOVTS. Agrlcul Mtg Bk (Colombia) Guar b f 6« 1947 F&A Guar 8 f 6b 1948 A&O 20-yr 7a 1946 A&O 20-yr 7b Jan 15 1947 J&J Akershus (Dept of). Norway— 5b 1963 M&N Antioqula Col (Dept of)—• Extl a f 7s ser A 1945—J&J Extl s f 7s Ser B 1945—J&J Extl s f 7b ser O 1945... J&J 80 80 22 25 /12 Went Palm Beach 6s 1931-'40 70 70 70 18 26 M 27M 28 28M b 26 s — 26 M F&A 7s 1948 s s. It 27 31 ft f 6s Sept 1961—M&S J&J M&8 f. 6s 1963 M&N Chili Mtge Bk 0Ms *57 J&D31 S f gu 6 Ms Jne 30'61.J&D 31 8 f gu 6s 1961 A&O 0b 1902 M&N Chinese Government— 60 M tri 96% 51M 41 92 M 86 98 98M 26 M 26 % 8M it* IS" 12 12 13M 12 5M 22 85 24M 25 17 17 17 15 16 15 15 100 33 UP 19M It* 38M H* 37 16 1IM It 12M 1234 Extl s f 7s ser D 1945—J&J Extl b f 7s 1957 1st ser. A&O Extl b f 7b 1957 2d ser.A&O Extl a f 7b 1957 3d ser.A&O b f 8s 1951 f 8s 1952 A-A&O B-A&O Denmark ext 6s 1942 J&J Exfl 5 Ms 1955 F&A Trust rets 4Mb 1902-A&O15 ser ser Dominican Rep 5Ms '42.M&8 6M» Oust Adm 1940—A&O 2nd ser 5Ma 1940 A&O Dutch E Indies 6e 1947—J&J Ext sf 6sl962 M&S Extl 5Ms Mar 1953—M&S Extl 5Ms Nov 1953-M&N Estonia (Rep of) 7a. 1967-J&J Finland (Repub) 6s '45—M&S 6Mb Mun loan '54 cl A A&O Class B —A&O Extl B f 7s I960 M&S Extl s f 0Ms 1956 M&S Extl a f 6M® 1958 F&A France (Republic of) 4s 1917- German Prov Bks (Cons 58 & p & 1.000 guilders, u 14M 21M 40 36 M 95 New South Wales (Australia)— 5s extl b f 1957 F&A Extl b f 5fl 1958— A&O Met Wat Serv & Dr Board 8 f 5Ms 1950 A&O Extl sf 6a 1944 F&A 6s Ext Oct 15 1952.A&016 40-yr b f 5Mb 1905 J&D 35-yr extl b f 5b *63—M&S15 - 52 100% 55) 55) 56 45M 48 81M 81M 77 M 80 75M 78 77 J&D 70 Guar b f 5a 1970 J&D Panama (Rep) ext5Ma'53J&D Extl Bf 5s 1963 M&N15 70 93 75 80 94 Extl f 5s 1967 s s 58 Brazil ext s f 8s 1946—A&O 7s extl s f 1960 Extl a f 7b 1967 Extl b f 6s 1968 M&N J&D J&D 6 Ms 1959 Rumania (Monopolies) J&J 89 San Paulo 70 66 90 Ext'l 8s 1950 J&J Extl water 7s I960—M&S 63 59 65 7s 1946 99 103 M 85 % 83 Va 68 M 69 44 48M it 90 85 M 87 M 77 35M 37 52 57 s f 5M , 61M 8M 9 12M 6 6 ot 58 Vs 57 59 59% 58 25M 82 P 56 M 65 10 8 9 8 5M 85 \t 10 9 10 49 M % 25" 22% (Brazil) State of— 8% external loan 1936.J&J Extl 8M 26 40 8M 84M §4M 71M 65 61 85 64 101M slOlM Norway Municipalities Bank— 39M (per 1.000 mllrela)__ 6s(of 1928) '68-J&J Sec s f 78 1940 A&O Santa Fe (Prov) 7s 1942-M&S Sant&nder (Dept) Colombia Exc s f 7s 1948 A&O Saxon State Mtge Institution Sink fund 7s 1945 J&D Sink fund 0M«» 1940—J&D Serbs Croats & SIov (King of) Ext 8s 1962 M&N 37 18 12 it 10 18 15 12 57 M 40M it 5 9 12 41 48 38 M 40 36 41M 37% J&D Siiesian Landowners A»n- 42M 43 M (Bank of the) 1st 0b '47F&A Styrla (Prov of) 7s 1946—F&A SwealshSMs ext 1954—M&N Switzerland 5 Ms Ext *46-A&O 24 M 37 26 40 Extl 7a 1962 aer B Silesia (Prov) Poland— Extl a f 7b 1958 M&N ' 83 102 M Taiwan Electric Power— 50 1!M 54 M 56 Tolima (Dept of) 7a '47-M&N 48 10 50 48 53 Upper Austria (Prov) 7b'45 J&D 36M 50 Extl b f 6 Mb 1957—-J&D 15 Uruguay 8s ext 1940—F&A 25% SfSMs 1971 Extl f 0s 1960 Extl sf 6s 1904 J&J 56 11 33M 42 116" 117 115M 117M 38 38M 58 M 59 M&N 30 32" M&N 29% Venetian Prov Mtge Bank— S f 7s 1952 ser A A&O 30% 84 M 91M 71 % 75 26 60 M 75 98 23 23% 22 H s FOREIGN CITIES. Ac. Antwerp (Olty) extl 5« *58J&D s f 7s 1961...J&J Baden Extl Bergen. Norway— 22 24 M 45 55 30 40 25M 28 pe 13 11 ■ 86 Communal rubles Gat 1,000 francs, 11 10M 56 56 55 0b 1952 M&N Dollars 1M 50 Extl J&D par % "TH Agric Loan) 6 Ms iinrf"rXPjim 1.000 lire flat, 9 Dollars Dollars per 2 10 M Qreek Govt sf 7s 1964-M&N Sink fd 6b 1968 F&A . 5 1 Peru Gras(Mun)Austria 8s*54 M&N I F01 5 4 13M 5% National Loan not rod before Jan 1931—Q-F ifl German Govt Internat— 5M% loan of 1930-65-J&D German extl 7s 1949—A&016 4 5a June 30 1955— J&J Netherl'ds 6s '72 (flat)..M&S 6s 1972 series B Ext 0s 1954 A&O 5M % Ext Ln Dec *21—J&D Salvador (Repub) 8s 1948J&J 50 5 r 1 1 65 Institute 7b 1959 F&A Russian 6 Ms June 18 '19-J&J 87 4M 52 78 35 35 89 85 4 4 60 73 83 M 82 H >;>, 4 3% Newfound 0Ms 1936—J&D30 6Ms 1939 -J&J 6Mb 1942 & 1943— J&J 90 75 98 97 2% O i r 67 A&O 20 22 M ■ 9M 39 % f 7b 1957 Queensland (State) 7s '41 A&O Ext g 6s Feb 15 1947 F&A15 Rio Grande Do Sul (State) Ext 85 36M i 24 Ext 57*/ 53 36 27 13 M 8M 61 69 H 60 % 63 Secured Colombia Mtg Bk— 20-yr s f 6M« 1947——A&O Sink fd 7s(of 1926) '46 M&N 10 10 Minas Geraea (State) Brazil Extl 6Ms 1958 M&S Extl 6Mb 1959 ser A.M&S Mtge Bank of Denmark— Exch b f 6s 1972 ser IX J&D J&J 5Ms PubWksJune30 '45J&D 6Ms June 30 1932.J&D 31 5Ms Dec 31 1932—J&D 31 5Ms June 30 1933—J&D 31 Serial 5 Ms 1932 J&J Serial 5 Ms 1933 J&J Serial 5Ms 1934 J&J Oundinamarca Dep(Oolombla) Extl s f 0Ms 1959 M&N Czechoslovak Republic— 95 82 73 6 f £100 and £200 pieces-— Internal silver 5s Internal silver 3s M&S15 5i premium 1920 I £100 and £200 pieces Treas 0 % notes *23 ext to '33 £20 pieces f.8s 1950 "Extl" g 6a 1949—-F&A "Extl" a f 5Ms *53—J&J16 64 100 90 M $43 $43 32 M Parana (State of) Brazil 7s 58 Pernambuco (State of) BrazilExtl fi f 7s 1947— M&S 12M 12M 11* ?8S 23 I (£20pieces)! Prussia 6Ms 1951 6% Natl loan of '20-J&D 16 7s ext of 1924-1949 J&D 7Ms External 1941 J&D 9 (U S of)— External 5s of 1899 4s of 1904 Extl 4sof 1910 I8M Costa RIca(Rep)ext 7s61M&N Cuban 5s 1944 opt 1911—M&S "Extl" g 4 MS 49 opt—F&A 24 J&D 30 26 % 21 47 M&N ■ ( 1951 87" 63 11 sf7s 1958 7^8 Mexico Hukuang Rys 5s £—J&D16 / 11M 6s of 1896 £ red 1933— A&O 4Mb of *98 £ red '44—M&S I 85 Colombia Rep 6b 1961 23 J&J Extl b f 6s (1928) 1901-A&O 23 Oordeba (Prov) Argentina— Extl s f 7a 1942 J&J 46" Mtge Bank of Jugoslavia- _ 61% Ext 74M 76% 12M 1134 It 22 M Mendosa (Prov) Argentina—_ sec b f 7b 1959 M&S Nat Loan extl 0s 1960 J&D Extl s f fls 1961 A&O Poland (Rep of) 6s 1940-A&O Stab'n 1 a f 7b 1947-A&O 16 Sink fd 7s (of 1927) '47 F&A 22 _ 5M 27M 30 00) Irish Free State 5s I960-M&N 72) Italy (Kltigd) extl 7s '51.J&D 90 5% IntConsol J&J U$42 Prestlt* Lit tori e 5b u$42 Ital Ored Consortium for Pub wka ext 7b A '37.M&S 80 Pub wkB ext 7b B '47.M&S Pub UtU Credit Bf 7b *52 J&J 72M Japanese GovernmentIs £ *54 opt '10-J30 & D31 I 57 8 f 6Ms 1954 68 M F&A Extl s?5Ms 1965 59 M&N Oriental Dev Oo 6s '53-M&8 56 M Orient Dev Co 5Ms '58M&N 49 M Lower Aust(Prov)7MB '50J&D 44 M Maranhao (State Brazil Norway ext 6s 1943—F&A 15 37M Net. 68M - 13 35 Ask. 22M Hungarian Land Mtg Instit'n Mtg 7Ms 1961 ser A—M&N Sf 7Ms 61 ser B($ bds)M&N Hungary (Kingd) 7Ms*44 F&A Industrial Mtge Bk of Finland 1st M coll 7s July 1 1944 12 5 Bid. Gold 6b 1940 A&O Hanover (Province) Germany Harz W W 0Mb 1949 F&A 30 14M Bonds. Hamburg (State of) Germany 25 J&D Extl Ry ref 6s 1901 Extl Bf 0s 1962 48 46 M&S sec 99 % Net. Haiti (Rep) 0% Ex*52 A.A&O 38 42 M Ser A Int ctfs '38-A&O 15 Chill (Rep) ext 7s 1942.M&N Extl s f 6s I960 A&O Extl s f 6s Feb 1961 F&A Extl FLORIDA. A&O Cent Agrlcul Bank (Germany; Farm loan 7a 1950—M&S16 Farm loan 6s 1960—J&J15 Farm loan 6a 1960 A&016 4 50 4.50 Oeral Gables 5Ms'31-'66_A&0 6b Impt 1931-1938 J&J f 7s 1952 Bulgaria (Kingd) s f 7s '07 J&J Sec s f 7 Mb stabilization Joan 1968 M&N 15 Oaldas (Dept of) Colombia External a f 7M» 1946-J&J Cauca Val (Dept of) Colombia 7Mb 1940 A&O 4.50 4.50 A&O 4a 1936-1937 4b 1938-1941 4b 1942-1948 s Extl 7Ms 1947 Ext s f 6M§ 1901 4.60 DELAWARE. 4MB '60 opt any date 105. J&J 4MB 1961 opt '22 at 105—J&J Dover Spec 8 D 5s *33-'48 A&O Kent Oo 4Mb 1945-196Q-M&S NewOastleCo 4Mb '32-'84J&D 5Mb 1936-1944 J&J SuBsexOoSs 1933-1970 —J&J 4Mb 1934-1953—*. A&O WHm'gton—4Mb 'S2-*37-A&O 4MsBldg—Oon'53-,62 M&S 4M« 8 F 1960-63 («-a)-A&0 4Mb 1936-50 (s-a) A&O 5b 1947-1949 British—Cons 2Mb op '23 Q-J 4Mb War Loan *32-'45 J&D F&A 5Mt f Feb 1 1937 4s fund 1990 opt 190O-M&N 5« war loan *47op'29—J&D Buenos Aires(Prov)6fl '01M&S 4.70 to / 13 - Bremen (State) 7a 1935—M&S to 4.70 to 1/ 13 To or Ask. _ to" Yield Basis or Bid. Bonds. Net to 4.75 to 93 Yield Basis or Bonds BONDS to Extl s f 5s 1960 M&S Extl s f 5s Octl5'49-A&Ol5 Berlin 0Ms 1950 A&O 6s June 15 1958 J&D 15 21 n Nominal, p Per £20. r Canadian price, a Sale p:ic Dollars per 500 francs. 9 Per £200. t Per £300 bond. MUNICIPAL BONDS AND STATE 94 10234 4034 4034 4734 4434 4434 22 Exti s f 7s 1900 ser 23 M 50 3834 70"" 38 A&O Oall(Colombia)s f 7s '47-M&N Carlsbad (Oity) e f 8s '54-J&J LoanA—MAS 49 45 f 6a 1960 ser 03 Chilean Cons Municipal machine P Q 5s 1954 10 17 80 90 -5 ; 10 9 Chrlstiania (Norway)— 71 80-yr s f 0s 1954 M&S 30-year e f 6s 1955—J&&N OologneGerm'y 0 M*'50 MA 8)5 Copenhagen 4s of 1901-M&N 0s June 1 1952 - J&I> Extl g 4M» 1953 M&N Oardoba (City) Argentine Rep 33 100 69 65 6034 24 7s extl b f 1957—-—F&A s f 7s 1937 M&N 15 2434 5934 36 Danish Cons Municipal Loan : 85 5s Nov 1 1909 72 60 s 75 64 % 35 7a ...A&O 1935-1945 E-xtls 16348 1953! M&N GermanOons Munic 7s'47F&A 2034 Cons munic 6b Hanover (City) Extl conv 7s 1947—J&D Germany 21 1939——M&N Havana—1st 6s 1939 2634 2d 0s Heidelberg (Germ)7Ma'60 J&J Helslngfors (City) Finland— Extl sf 634s 1960 A&O Hungarian Cons Munic Loan • f g 7348 1945 J&J Extl s f 7s Sopt 1940—J&J 2634 2234 2234 25 Lelprig(City of) 7s 1947—F-A Lima (Oity) Peru— Extl s f 634» 1958—M&J Lyons (City) 6s 1934--M&N Marseilles (City) 6s '34-M&N Medellin (Munic) (Columbia) 7s extl Dec 1 1951 634s 1954 Milan (Italy) est 0348*52-A&O Montevideo (Oity) 7s '52- J&D Extl s f 6s 1959 ser A-M&N 27 29 Kuremburg extl 6s 1952-F&A Oslasf 5348 1946 F&A Porto Alegre (Oltyk Brazil— Sinking fund 8s 1961—J&D 8 f 40-yr 734a 1996 —-J&J Prague (Greater) Oity— 734s loan of 1932-62—M&N Rio de Janeiro 8s 1940—A&O Extl s f 634s 1953—F&A 7b 1980 (per 1000 milreis)-. 5s of 1904 — 3134 102 834 10234 102 10234 15 17*t 1034 12 18* da .1940-1950 1932-1934 5s 1935-1939— 5s 1940-1949 5s 1950-1959 5s 1034 5 15 20 25 73 91 ; I■ s 95 58 4a £ 38 , 101J4 Bydney (City) N 8 W— 25-yr s f 534» 1955—F&A Tucuman(City)Argentlne Rep 4634 17 f beg '17-52.M&S Extl sf 534s 1961 A&O Trondhjem (City), Norway— Extl sf 534s 195? M&N Vienna (CO extl 6s '52--M&N Warsaw (Oity) 7s 1958-F&A Yokohama extl 0s 1961—J&D 4134 4334 52 5234 55 5934 23 60 43 53 93^1 -79 87 93 H 88 94 96 91M 9iiM 91 92 91 4.50 4.50 4.50 70 75 75 75 75 70 75 70 75 75 75 70 75 4M» 1933 A&O 4 Ms 1934-1936 A&O 4Mb 1937-1950 A&O Chicago Sanitary District— 4M» 1933—M&N 4 M& 1934-1938 M&N 4 Ms 1939-1948 -M&N 4 Ms 1932 J&J 4M« 1933-1936 -J&J 4 Ms 1937-1949 J&J 4 Ms Jan 1 1950—-—-J&J 4s 1932 1945.J&J 70 75 70 75 70 75 1933-1937 58 65 58 65 58 65 58 65 58 65 08 65 65 65 58 58 70 75 70 —M&N M&N 70 Ohlc West Park 4s 1930-41... 58 75 75 75 75 75 63 '32 '40—-A&O 4 Ma For Pres '32'43-J&Jl0 4 Ms 1935-1943 -J&D 4s: Ser M 1932-1933—J&D 60 65 58 58 63 58 64 4s Forest Pres '32-'34-A&0 63 75 75 58 63 J&D 1932-1947 Cook Co 68 68 70 70 4 Ms 70 64 Elgin Sanitary Dlst— 5s 1932-1944 Evanaton S D No 76— 4Mb 6.50 M&N 525 1935-1948 Granite Oity 4 Ms 5 1934-48 Jackson Co 4M" 1939-1944 — Lake Co 5s road 1932-35-F&A 5.50 F&A 4.75 5 5a Road 1936-49 Moline 4Mb 1932 River Forest S D No 90 5 J&J / 40 1932 1947 Springfield Sanitary District— 4Mb 1932-1944 J&D 4 Ms A&O A&O A&O A&O J&J J&J INDIANA 50 5.50 (see footnote k) 4.75 5 4.60 '33-M&N 10 W W '32 '75 A&^ Cass Co 04s '32 Elkhart 4 M" 6 7-/o 6 7% 6 7% 6 7% Evansville *4s ref 1942 J&J Fort Wayne— i 634% 4 Ms 1933 to 1941 1942 to 1946 ■ 14 1947 to 1957— 4.60 4.60 4.60 A&O A&O A&O 4.75 *Fort Wayne Sch D 5s 1933 434s 1942 and 1967—-F&A 4a St Imp 8ept 9 '32-M&S9 Verdun deb 5s 1954 5.50 *Gary Sch Oity 4 Ms Oct 1943 Hammon (City)— 75 80 73 76 73 76 73 Winnipeg, Man. 5s *44--A&O 4 34s non-call 1944 M&N 4348 June 1 1946— J&D 434s Jane 15 1950 J&D15 4s Aug 1 1946 —F&A15 76 4b O H *3 Mb £ 4.15 to 4% 4.40 to 4.50 4.50 to 4.25 4.50 to 4.50 to % 4.50 4 25 % 4.25 % to 4.25 % 4.50 to 4.25 4.50 to 4.50 4.60 to 4.25 to 4.25 95 91H 93 93 91 88 89 Columbus—5s 4.50 to 4.25 87 75 88 89 Oordele 5s W W 5% to 4.25 4M 4M 4M 4M D— 4M 4M 4M 11946—J&J *3Ms July 11941. J&J *5s Oct 20 1932-39.A&O20 4.75 Logansp't *4 Ms '32-*37 J&D15 *43-M&N *4Mb W W Dec *43—J&D *5 Ms 1941 —M&S South Bend School City— 4Ms Impt 1939-1948-F&A 4M So Bend *4 Ms W W 4 M 4M *M 4.75 to % 4M City Hall 1939 -J&J * Indianapolis S *4s Bldg Sept 4% 4.50 5.50 1942-1958—-J&J30 Indianapolis— *5 Mb Track Kiev *33 '47 J&J *4s Fire Dept J'ne 1 '41 J&J *4 Mb Sch J ne 15 '40J&D15 *4 Mb 1932-1955 J&J *3 Ms Hospital 1936 -J&J GEORGIA 434s ref 1935-1945 J&J 334s Tan 1933-1935 J&J Albany—5s 1945 J&D Athens—434s June 30 1943_. Atlanta—4348 Jan 1 1940-J&J 5s Water 1933-'37 J&J 5s Water 1938-'51 J&J 434s 1933 1956 J&J 3t4s July 1 1933 J&J Augusta—434s Flood '42M&N 4s refunding 1934 J&J Olarke Co 5s 1932-41 J&J 70 70 70 68 4s 4s 1935-50 J&J F&A 5.10 Ohtc Line Pk 4s '32-'48 M&N 4s 1932-59 57 78M 4.60 450 68 4s Sept 3 1937-'41 J&D J&D J&D J&D A&O A&O A&O J&J 4.75 J&J F&A 4s 1933-1937 84 61 42 CANADA Halifax N 8 4s July 1945 6s Jan 1951. ! ! 20 Dominion of Canada— 80-yr 4s Oct 1 1960—^A&O 434 s Feb 1 1930 F&A 5s refdg Oct 15 43-A&O 16 5s Mar 1937 M&S M&N 6s May 1952 634b Vict Ln Nov '33.M&N 634b Vict Ln Nov '34.M&N 534a Vict Ln Dec '37-J&D 634s renew Nov 1932. M&N 5s N Serv Nov 15 '36M&N15 5s N Serv Nov 15 '46M&N15 Alberta (Prov of) 5s '60A&O16 434s Jan 15 1957 J&J 434s Jan 15 1942 J&J15 434s July 16 1958 -J&J 434b Apr 1 1901 A&O 434s June 11967 J&D 43is Apr 1 1935 A&O Brit Ool (Prov) 5s '48-J&J 15 5s Apr 25 1954 A&O 25 434 s 1932 J&D29 434b 1933-1940 J&D29 434s 1947-1956 J&D29 4 34s sf deb Jan 23 '69 J&J23 4MB deb 1930—F&A15 Calgary 5s 1933 J&J 6s June 15 1935 J&D 15 6s July 11945 J&J Edmonton (O) 5s ^S&'SO A&O 5s s f 1955 & 1900—-A&O ! , f&D Tokyo (City of) 5s of 1912— 1938-1939 1940-1941 1942-1945 1946-1961 July L 1.948 534a 1952 5s 1940 & 1941 var 6s 1945 & 1946 var 5s 1950 & 1951 var 6s Jan 15 1970 14 47 77 Vancouver, B C.534s '39 A&O 67 11 10234 1933-1934-1935 1936-1937 834a July 1 1944-45 1234 Bolssons (City). France— Nov 14 '30—M&N 434 s 434s 434» 434s 434s 434s 434s 4.75 - 82 434s 1955 434s Mar 15 1960—M&8 •. 4s Nov 15 1935—-M&N 15 4s Nov 15 1957 M&N15 Toronto 6s 1932-1940 J&J ; 4.75 4s 63 ! 5 .50' 5.50' 4.75 4.75 88 25 9934 97 5.50 F&A1 F&A 4 Ms 1932-1944 F&A 4s May 1 1932-1935 M&N 4« Highway 1932-1940—May 4» Highway 1941-1943--May 4s Highway 1945-1954—M &8 4s 1945-1956 M&N 4s 1945-1958 .-.-M&N Bloomington Township H 9 Dlst No 200 4 Mi *3G-'46 Champaign County— 5s Road 1932-1943-M&N Chicago 4s '33 to 1935-.-.J&J 4s Jan 1937 1939' J&J 4s Jan 1033-1941 J&J 4s 1933-1934 J&J' 4s 1935-1930 J&J 4a 1937-1950 J&J Chicago School District— 84 17 93 98 98 F&A 4s 1940-1945 var 70 1034 Ref 1936-1939 Chic So Park 4s *32 -'39 var— 1943 (non-call)-.J&D15 1959 (non-call) M&N 414s July 2 1945 J&J2 15 "80" *32-'60—J&J 5a July 1 1932 1950 J&J 434« 1934. 1935. 1944-J&J 434s 1932-1937 J&J 4 34 s 1938-1942 .J&J 434 s 1943-1960. —J&J Quebec (Province)— 4 34s 1950 opt 1945—M&8 2 4 348 s f 1961M&N Quebec Oity 334s 1933 J&J 5s S F (non-call) 1990 M&N Saskatchewan (Province)— 5s 1134 934 78 Hydro Elec Pow Com— 5s Jan 1 1935 J&J 2 4mb Jan 1 1970 J&J 2 Ottawa Oity 6s '32-'45 J&J 5s 2534 "78"" QQ 68 2234 99 , 100 - 24 „ ann s 73 "75" 2234 72 1952—A&O 8734 '04-M&N Saarbrucken (City) Germany Ext 7s Mar 31 1935— A&O 47 Extl a f 6» 1953 J&J Santa Fe (City) Arg Rep extf 35 7s 1945A&O Santiago COIty)Ohile7s'49 J&Ji f 1134 Extl s f 7b 1901 M&N r 15 Boo Paulo Brazil 8s 1952 M&N 1234 Extl s f 6 34s 1957—M&N 16 Red "73" 67 Rotterdam (O) ext 6s Secured 7s 1951 87 70 Rome extl a f 634s Ext g 0b 85 to 6% 1944 M&S b 6.50 to 6% Jan 15 '33-'47~J&J15 b 6.50 to 6% Jan 15 '48-'57-J&J16 6 6.50 1932 M&N15 1933-*34 M&N15 to 6.50 % 1935-*38 M&N15 67.50 to 6% 1939-70. M&N15 6 6.50 4s 1941 M&N 6 6.50 to 6% 6 7.50 to 6 % 4a May 15 1932-43-M&N 15 to 5.75 % O.IO,~/0 4s May 15 1944-57-M&N 15 6 6 25 to 5.50 % 4s May 15 1958-68-M&N 15 6 6% 6a Munic Imp 634 82 434s 434s 434s 434s 434 s 434s 4 34s 49 2434 81 77 2334 Q-J Q-J A&O 94 A&O 6 5.75 A&O 6 5.75 100 ILLINOIS 96 2434 1934-1935 100 4Ms Aug 1 1932-38 4 Ha 1932-1943 97 24 Ref 4.50% 4Serv Ootnp 1932-43 73 73 2534 22 A&O 4Ms Ref 1940-1945 Boise City 8 D 6s 1940-—J&J 6 5.75 94 35 1933 s Deb 434 s Sept 15 52 M&S15 Deb 434s 1960 M&N15 Ontario (Prov) 6s '43- M&S16 ^ Ref s 93 40 25 s 91 50 27 5Ms Inapt 1941 A&O 6 5% 98 4>4b Cap Bldg 1933-39—J&J 98 4Mb May 11932 opt 1921.J&J 98 s Highway *35 opt '25 .J&J 96 s Highw 1937 op *27 J&J — Nova Scotia (Prov) 5s 1934FV A Deb 5s 1960 M&S 4134 35 M&N *33_J&J 43is non call 1958.M&N 15 434s s f Apr 15 1961 A&015 434s 1955 i M&S North Vancouver 5s '00—J&J 38 4034 Brunswick 334a Net. 80 Harbor Commissioners— 3Tew Ask. IDAHO 75 75 88 82 To or Bid, Bonds. Net, 90 75 70 70 81 Q534s '30-M&N (Prov)6s 1944J&D2 434b May 1 1945 M&N 434s Dec 15 1066 J&D15 ioncreal 6s Dec 1 1945-J&D 5s a f Nov 1 1956 M&N 434 s May 1954 4 34s Jan 1944 J&J 434s 1932-1933 A&015 434s 1934-1935 A&OIS 434s 1930-1939 A&OIS 434s 1940-1951 A&015 434s June 1 1971 J&D 4s May 1 1933 £ M&N 4s May 1 1944 M&N 3 34a refdg May 1939-M&N Mefcrop-Oo 4 34s *53, '54 &'61 434s May 1 1965 M&N 3434 90 68 ! 85 danttona 75 75 Extl 534 s 1956 -M&N 6e 1953 F&A Dansig Port & Wat Ways Bd Extf s f 634s 1952 J&J Dresden (Ger) extl 7s '46 M&N Frankf't (Ger) 7sl932_ A&O 7s 1933-1934 A&O J&D Ask. tfaisonneuve 102" Exten 0H» 1900 ser BJ&J Extl s f 0s 1960 Ser 02 A&O s Bid. Bond«. Net. 10 9 Bogota (City) extl 8s '40-A&O Extlsf 6M« 1947 A AO Bordeaux (Oity) 6s '34—M&N Brisbane (Oity) Australia— 80-yr t f 0s 1957 MAS 8 r 6« 1958. F&A 20-yr s I 0s 1950.. J&D Budapest (Oity of) Hungary— Extl • f 6s (of 1927) '62-JAD Buenos Aires, Argentine Rep. Extl Ask. To or To or Bonds. Yield Basis Yield Basis Yield Basis Bid. 69 72 1932-44—J&J *33-'38—J&J 4 34s Refunding 1939—J&J 8ibb Co 434s 1948-49—M&N 72 75 Qrlsp Co— 69 72 72 69 72 82 85 Hydro-Elec 5s *33-*57-F&N Dougherty Go 6s "33-'48 M&S Macon 4 34s W W 1932-30-J&J 4s Pav & 8ew '33 to '39-J&J 75 80 Marietta 5e W W 69 75 81 81 75 70 70 80 Pulaski Co 1939—F"&A 5s 1932-48——J&J 6 4.50 90 a to to 4.50 to 4.75 4.50 4.50 4.50 4.75 to 4.50 4.25 to 4.40 5% SO Ware Co 6s Road 4.40 to 4.60 80 Watklns S D 6s 5.50 to 80 Woodbury 6s 5.50 to J&J to 4.25 to 4.25 to 4.25 to 4.60 % 5.25 4.75" to 4". 50 6% 6% (See Oklah oma). IOWA 4.25 4.40 4.20 TERRITORY 4Mb 1932-1933 ——J&D 4Mb 1934-1940 —J&D Burlington 4Ms '32-'33-M&N OedarRapids 4 Ma *49-'63M&N Davenport Indep Sch Dist— 4M 1939-1940M&N 4 Ms 1940-1941 M&N Des Moines 5s '32-*57 J&J to 4.25 85 1932-49-J&J 1932-50-M&N 1932-49—J&D INDIAN 100 Rome4sMunlcbldg'33- 39A&O Savannah—434s ref 1943-J&J 434s Drainage 1944—-F&A 434s Refunding 1959—F&A Spalding Co—5s 32-'49—J&D Swalnsboro 0s 1932-50—A&O Valdosta 5s 1933-1942.—-Jan 85 1 4.50 1 6 4.75 to 6 4.60 to 6 4.75 to 6 4.60 to 6 4.50 to 6 4.50 to 6 4.75 6 4.75 to 4Ms W W 1932-42—.J&D 6s Gen Oblig 1932-40—J&J 6 4.90 Oes M Ind 8 D 4Mb *32—J&J 6 5% 4 Ms Sept li 1945. M&S 6 4.60 6 4.85 4Mb 1644 4s Sept 1 1945— M&S 6 4.85 Port Dodge 5a Fund '39—A&O 6 4.80 Fremont Go 5a 1932-35—J&J 6 5% 4.50j% 4.40,% 4.40 % to 4.60,% 4.60,% to 4.80i % to 4 75 % to 4.45 % to 4.75,% to 4.75 % to 4.60 to Marshalltown Ind S D— 5a City Hall 1932-39—M&N 6 4.80 4.60 % 4.40% 4.60 % to % 4.90|% 4.60 % Hamilton— 4s Elec L & P 1941—A&O b Basis, f Flat price, n Nominal, k Tax-exempt under a law .approved that date by State or municipal corporations are tax-exempt, and these sell on 1909, bonds issued after that date by municipal which went Into effect Sept I slarch 9 1903- and which want into effect April 23 1903, bonds issued after * better basis. 0 Tax-exempt, under a law approved March 13 1909, and corporations are tax-exempt and these sell on a better basis, s Sale price MUNICIPAL AND STATE To or Ask. Yield Basis Yield Basis Yield Basis Bid. Bonds. 4.75 5s Pub Belt 4«s Water 1943&*44~A&0 6 4.85 Ottnmwa 4 Xs Jane 1936 to 4.75 5s Pub Belt Polk Oo 454s 1932 A&015 6 5% 6s Fandlng 1932-36 J&J 6 5% Sioux Olty 0s '35-*46—F&A15 6 4.80 6s Ref Aug 16 1940--F&A16 6 4.80 to 4.75 434 s 1933-39 4X* 1940-49 4.75 4^*1950-59 M&S M&S J&J 1941-J&J 6 Arlington 4s'32-'42(tax ex)J&J Attleborough— 3Xa March 1935 M&S 6 8everley 4s '32-*80(tax ex) A&O 6 4s 1932-1945 (tax ex)-M&N —J&J J&J J&J 1932-33—J&J 6s Police Fund '32-'33-M&N 454s Sewer 1932-47—M&N Sioux Olty 8 D 6s 1941 J&J 6s Fire 6 Fund 6 5% 5% to to to 4.75 95 85 3s gold July 1 1939 3a gold Water Jan 1 J&J 1932-1977——-A&O 4s Floating debt 1948-A&0 4s Oonstltational 1942-J&J 4s Public Impt 1950 opt 1942 (old Issue) J&J 4s Pub Impt '42 opt '2S.J&J sl960-67 to 4.60 4 H to 4.60 4Xs to 4.91) to 4.9!) 6 4.70 to 4.50 6 4.80 to 4.60 93 X 94 % 85 88 X 95 92 4Xs Sept 1 1981 M&S 4X8 Tun 1960 tax-ex__A&0 4Xa Dec 1976 J&D 4s July 1930 J&J 48 Apr "33-'37 (tax-ex).A&O 4s 1932-1939 (tax-ex)—J&J 4s Tunnel & Sub 1948-J&D 4s Sub 1957 tax-ex A&O 4s Sub 1958 tax-ex J&J *« Tub & Sub'69 tax-ex J&J 3Xa 1932-1951——M&S 8Hs Jane 1 1932 J&D 8X8 June ! 1934 J&D BXsJuly 1 1935J&J 8Hs June 1 1943 J&D 3Xs Jane 1 1944 J&D 3Xb Jaly 1 1945 J&J Sraintree—4* 1932-1941J&J15 6 88 1932-1939 J&J 1940-1949 J&J 1950-1959 -J&J 4X« 1934-1961 A&O 4X* Sept 1 1932-1908.M&S Orleans Parish Sch Board— 6s 1936-1944 J&D 5s 1945-1967-———-J&D PlaQuemlne Parish E Bank— 5s Oct 1952 opt 1942—A&O '•ntchartraln District— 5s July 5s July 6 4.60 454* 1932-1933 J&J 454® Soldiers Oompen ,34-'52 6 4.40 4s Soldier* Oomp 1953—J&J 6 4.40 4s Soldiers Oomp 1954—J&J 6 4.40 6 4.90 Crawford Oo 454s 1939 4.30% 4.20% 4.20% 4.20% 4.75% Hutchinson— 454s Pub Bldg '61 op '81 J&J 6 4.70 6 4.70 454s 1933 6 4.70 454s 1939 Kansas 6 4.80 OIty~5~s~1942——IfaA 454s Wat A Light 1944-J&J 6 4.80 454s Wat Plant Pur *39 J&J 6 4.80 454s Imp July 18 *49—J&J 6 4.80 4.50% 4.50% 4 50% 4.60 % 4.60 % 4.60% 4.60% 88 D 6s 4.60% 4.60% 4.60% Shraveport— 5s 1933-1936 Leavenworth Oo 5s 1935 McPherson 454s 1945 Reno Oo 5s 1941 Saline Oo 4 Xs 1945 6 4.80 - 4.70 4.60 - - 4.65 Sedgwick Oo 454s 1940 6 4.60 Shawnee Oo. 4X» 1944 Topeka 454s 1932-1933—F&A 6 4.60 45$s 1948 Topeka 8 D 4 54s 1932-46 6 4.60 Wichita 454a 1932-36— Wyandotte County— 454s Bridge '33 to '41—F&A 454s 1932-1939 454s 1940-1945 6 4.70 6 4.70 — 6 4.80 6 4.80 6 4.80 92 85 3Xs 85 F&A 88 90 88 90 88 90 1 to 4.10 6 KENTUCKY M&S M&S —M&S M&S M&S 1932-1933 1934-1935 1936-1937 1938-1939 1940-1951 co to % % 4.10 4.10 to 4.10 6 4.20 to 4.10 6 4.20 to 4.10 b 4.20 co 4.10 6 4.20 co 4.10 6 4.20 co 4s 1935 & 1940 J&J 5.50 M&S 454* S I *42. *47 A "52—M&S Bowling Green—5s 1955-J&J Ashland—5s 1933-37 5.50 5.50 Covington— 454s Fdg 1932-48 4.80 F&A A&O 454*1935-1950 454* WW 1932-51 J&J 4s Fdg 1952 opt '42—-F&A 454s 8chool 1932-69 Crittenden County— 554* Fdg Feb 1,39-'49-F&A Henderson County— 454s R&B Oct l'34-'56 A&O Hickman—6s Fdg 1949--M&S Lexington—4s 1945-.-.-F&A 5s 8 D 1938 J&D Livingston County— 554s R&B Fdg Marl*49A&0 Louisville—6s Sch 1962-A&O 6 4.50 4.80 4.80 4.80 4.80 — 454§ Hospital 1951-.-.M&S 454s Bridge Rev *48—M&N 454s Ref 1965 J&D 4 54s Jan 1 1970 J&J 454s Sewer 1969 4s Ref July 1 6 4.50 6 4.50 4s Sewer 1965 1970 4.35% 4.35% 4.35% 4.35% 4.35% 101.81 4.40 4.35% 6 4.50 F&A 6 4.50 6 4.50 4.35% 4.35% 4.35% .35% 6 4.50 Sewer 4s O 1932-1970—A&O 1942-1952 F&A15 Atchafalaya Levee DIst— 5s Sept 1932-1972—M&S15 5s Diat ref & Imp "49--M&S 5s 1933-1969 F&A Baton Rouge—6s '33-'54-M&S Bossier Dist Levee 5s '64- A&O 5s Nov 1958 M&N Caddo District Levee— . 5s 1951 opt 1941 J&J Fifth District Levee— 5s 1950 opt 1940— J&J 5s 1952 opt 1942 J&J 5s Oct 15 1962 op *52—A&O 5s Oct 15 1963 A&015 5s 1957-1967 —A&015 5s 1959-1969 —F&A15 5s 1972 — Lafourche Basin Levee— 5s Jan 1954 opt 1944—J&J 5s Jan 1937 opt 1928—J&J 6a 1956-1970 -A&O Lake Borgne Dist Levee— 5a Dec 1952 opt 1942—J&D Annex 1954 4s Parks 1955 95 90 90 90 85 _ 85 95 5 4.30 6 (tax6 5% 5% 4.50% 6% 5.25% 6% 5.25% 3Xe Water '32 Co *34—J&D Newton 4s 1935 F&A North 97 to 4.40 5 4.50 Audover— 58 1932-'34 PIttsfield— (tax-ex)— _J&J 6 5% 4.40% 4.40 4.50 4s 1932-1937 tax-ex.. J&J 15 98 97 ^omerville 4s Dec 1 1934 4s M&8 92 to 4.40 Tax exempt.. 4&lem 4s Jan 1 "33-'54 tax-ex. 5% July 1 1932-35 4s July 1 1948-50- 94 Springfield 3Xs 1935 4s 1935-'44 (tax-ex) 4Xs 1934 tax-ex to 4.50 % to 4.50 % Wakefield 4s to 4.50 % 4.40 4.57 A&O J&J J&J J&J 6 4.25 F&A M&N Waltham 3Xs to 4.50 % 5 4.50 IXb JHs 3 Ha 3Xs 4s 1933 Warren 5 4.65 4.40 4.30% 416 4.50 4.50 Winchester 4s 1939-1943 A&O 4.50 94 See Foreign Govts, page 93. 98 6 4.60 6 4.60 6 4.60 6 4.60 6 4.60 6 4.60 1932-'58-J&J 4.50 4.50 MEXICO 4.40 4.40% 6 4.60 6 4.60 4.50 4.65 4.40 4.40% 4.40% 4.40% 4.40% 4.40% 4.40% 4.40% 4.40% 4.40% 4.40% 4.40% 6 4.60 5.50 4.50 Water District— MICHIGAN (See foot note o) 5Xs July 15 1941 5Xs Oct 15 1941 5X« Highway 1941 5s Highway 1940 IXs Highway 1943 J&J16 A&015 J&D —.J&D F&A IXs Highway Impt 1937 A&O to Highway Impt 1942—A&O Ann Arbor School District— 4s Sept 1935 Creek— A&O Battle 93 4s Olty 91 Hall 1933-30—F&A Battle Creek S D— 76 4.50 F&A 4Xs 1933—— 4Xs 1934-1937... 4Xs 1938-1949 Bay City 4s 1934 99 F&A F&A J&J oHs W W 1932-1951—M&S Bay Olty Union S D— 00* 1930. J&J Dearborn 5s 1936....—. Detroit— o6b Pub Serv gold July 1 1935 J&J 1956 ref (t*x-exem).J&J 1937 reg (tax-exem).J&J Water 1942 J&J A&O 1932-45—F&A F&A 1932-1960- 4Xs 1933-1953 F&A va tor town—4s 1932-34.-J&J Wellesley (Town) ... 4s Mar 1 1933-1940—M&S 4.50 A&O M&S J&D M&N M&S J&J 4Xs 1933 4 4.25 4.25 4 4 4.25 6 Baal*, f Flat price, n Nominal, o Tax-exempt; under a law approved March 13 1909. and which that date by municipal corporations ar* tax-exempt and these, accordingly. sell on a oesiet basis. 4.40 % Newburyport— 95 M&N 1945-1971 1* Water registd 85 to 4.40 M&N (tax-ex)..M&S 6 1933-'35 5% 93 6 4.50 MASSACHUSETTS Is 1932-52 (tax-exempt)—Var 85 1932-41 Sewer exempt) 5s 1969 _ 5% Qulncy 3Xs *33 to '39—A&O J&D J&D A&O M&S 4* Regis'd stk 1946-57.M&N 4s 1933-1944 A&O 4s 1956-1965 M&S 4s 1972-1975 M&S 4* 1933-1957 A&O BXsImpt 1940 J&J 8X8 Mar 1945 M&S 3Xs Refunding 1952...J&J 3Xs Sewage Impt 'S9.A&0 Cumber'd 4Hi W W '41-A&0 Hagerstown— 5s Water 193S-19S7 A&O 4X8 1936-1986 A&O Montgomery Oo 4 X" 1939-1968 M&N Washington Sub San DIst— 4X8 Sewer g 1973 J&J 4s 80 (tax-exmpt).M&N to 97 4s Aug 1 1991 F&A 6 4.60 4s School 1933-1939—-M&N 6 4.60 85 85 5 4.40 4.40 Taunton— 4s Mar 1 1961 F&A15 1938-1941 6 4.30 5.25 New Bedford— MARYLAND Is F&A15 [a 4.75 5 J&D X*'32-43 (taxexmp) A&O 4s 96 4Xs Mar 1 1933-*55—M&S 4Xs Mar 1 1955 M&S 4s Aug 1 1951 F&A 6 4.60 J&D 15 J&D 15 J&D 15 J&D 15 J&D 15 J&D 15 F&A15 4.40 m——» 5% 'outh Portland Sewer Dist— 5s registered 1940 6s Port Oomm'n *33-"59—J&J 5s Highway Dec 15 '35-49 J&D 6s Dec 31 1938— J&J (s 1935-1937 97 to „ 5s Water 1961 High 1934 High 1935-36 High 1937-39 High 1940-45 High 1946-49 High 1950-55 1933-1934 97 H *33-'45 tax ex.A&O 4s High Sch 1936 tax-exem. 'ortland Bridge Dist (taxable) 6 LOUISIANA. 454s 454a 454s 454» 454s 454 s la NJ 4s 4.75 4Xs Aug 15 1932-33—F&A16 6 4.75 4Xs Rd & Bdge '32-*40 J&D15 6 4.75 4Xs 1932-1942 J&D16 4X8 1932-1942 J&J 6 4.75 Annapolis 4Xs W W '42-A&O Baltimore—5s 1933-1946 M&8 5s 1932-1961 A&O 5s Gen. Imp. 1943-45—M&S Warren Oo—454s ,34-'59-J&J 5 4.40 4s 1933-1937 tax-ex...F&A 4.35 J&D 4.75 5% to to 4s 1932 1950 Waterville 3Xs 1935 % J&J 3Xs 1932-1942 tax-ex.M&N Milton 3Xs 1932 F&A to 4.35 Funding 1938 Funding 1948 Saco 4s April 1939— to 4.40 Medford— 6 4.70 4s 4.65 5% River— 5% 6 4.25 4s 4.65 4.65 to 4 3Xs July 1932 to 1939-M&S Water District— 4.60 4.65 5 4s 1940-51 (tax-exmpt)M&N Maiden 4s *32-'44 (tax-ex) F&A 6 J&J J&J 'ortland 5.50 4.75 4.65 4.65 5% 6 4.70 1932-1939 1952-1958 July 1 1941-1950 4s "35-'39 96 District— 93 4s Ref May 1 1959—M&N tlttery Water District— 6 4,70 5s Jantl933 to 1938 J&J 4.35 Paducah— 454s w w High Sch Dist— 4X« 1932-1945M&N 6 4.50 lardiner Water District— 96 4s 1934 (taxable) J&J 4s July 4s July 4.40 4.65 co Portland— 4". 50 6 354s Ref 1943 J&J 6 4.50 3s Sew & Park 1941 J&J 6 4.50 McCracken Co—6s 1933-M&S Owensboro—5s 5 6.10 F&A —J&J 4s Lou W Oo 1959 1 6 4.50 99 trewer Water 4.40 4.65 4Xs 1932-34 (tax-ex) _M&N 4X8 1937 (tax-ex) F&A Lynn— 4.40 >ld Town Water District— F&A 1937 4s Sewer 1947 4s Jan J&A J&J 6 4.50 5.60 to 97 94 4X» Ref 1932-1950-— 6 4.50 tiddeford 4s 1932-35—M&N 6 4.50 tennebec 4.65 4.40 4Xs 1933-1937 M&S 4Xs 1938-1941 -M&S 4Hs "32-"34 (tax-ex)_.W&N 4s 1932-'55 (tax-ex).__M&N Franklin (Town) 4Xs 1932-44 M&N Gardner 4s wafc '32-'34—M&N Holyoke— 4Xs '33-*50 (tax-ex)..F&A 4Xs *32-'41 (tax-ex)...J&J 4s June 1 1933 tax-ex__J&D 3X8 Dec 1932 98 96 6 4.20 Belfast 6s WW Jan 15*33-'61 J&J 15 4.65 4.65 L*well— tax-ex—J&J Augusta 4s Oct 151932-55A&0 tangor— 4s Ref Wat *35 (taxable).J&J iath 4* Ref 1941 tax-ex_J&D 4.40 4.65 4.65 5.25 4.10 Auburn— 454* Bridge 1950 % 4.65 4.75 4s to 4.10 3Xs 3Xs 3Xa 3Xs 3Xs Water 1932 Sept 1 1958 Fail la 4.65% 4.65% 4.65% % Everett— 6 4.20 '33-'54-A&O 4.50 to 4.25 M&S 4s 4.20 1 1932-1953 M&8 6 4.20 HIghw & Bdge *35-39 M&N 6 4.20 to Highw & Bdge *40-44 M&N 6 4.20 to State Pier 1933-1942-M&8 5s Hway & Bdge to 4.60 3Xs May l 46 (treg).M«N 3b Bridge 1941 F&A MAINS Is Sept 5% 5% Chelsea—4s Park 1930—A&O J&J 5* Jan 1957 to 4.25 % Cambridge— 4s Oct 1 1940-1949——A&O 4X* May 2 1932-67—M&N2 fensas Basin Levee District— 4.70% 4.50% 4 50% 4 50% 4.40% 4.40% 4.40% 4.50% 4.50% 4.25 5% A&O M&N 4* 1932-1947 tax-ex _ 5a Wat Wks Rlv 4.60% 4.60% 4.25 Brockton— -.5 1932-1969—J&D '33-'40M&S 4Xs W W& Sew'32-'54-J&J Dec 5s 4.75 475 85 B B District— 5s 1950 Series B A&O 5s Mar 1953 opt 1943-M&S 5s 1905 Series D— F&A Leavenworth— 454s Water 1933-1947—J&J 95 M&N J&J 1944 5s July 1968 4 25 4.25 . ted River A & Board of Education— 454s 1933-1963 F&A 64.80 454s 1932-1953 J&J 6 4.80 Sch DIst 454s 1933-64—J&J 6 4.80 88 6s July Net. Boston— Orleans District— KANSAS. Ask. 3X8 gold July 1944— 3s Met Sewerage 1930 1950-59—J&D New Orleans 5s A&O 6 4.85 Bid. Bond*. Net. 85 Octl932._A&O RR *39-'49-J&J 6 4.85 Ask. To or To or Bid. Bond*. Net. Marshall towa¬ rd Water 1932-42 95 BONDS 1933-51—J&J o5Xs Nov 1 1945 M&N o5Xa Pub Utll '33-'51.J&J 5X* Sewer 1933-1951—J&J 5s Pub Impt 1933-51.—J&J o5s Jan 15 1930-42—J&J15 o4Xb Pub Lib 1948.J&J16 4X8 Jan 1 1933-1942 ..J&J went into effect Sept. 11909. bonds issued after STATE 96 o 0 o Ask. is • M&N J&D ——J&J M&S -M&N 04b May 15 1958—M&N 15 o4a May 11961M&N oFlint 4X» *32-'54—M&S16 4H* 1933-1937 J&D o4s School 1946 6a May 2 1944 5s July 11953 87 1933-1954 -M&S 4H' Mar 11935-1989 Grand Rapids 5s 1933-34. A&O 4 Us Flood Protec '33-M&S 4Xs Oct 1 1934-1938—A&O 4Xs 1932-1953 F&A 4X« 1932 F&A 4Xs 1933-1935 F&A 4Xa 1936-1942 F&A 48 1932-1953-... 4s 1943-1960 F&A 3Xs 1932-1933 F&A 8n« 1934-1937 F&A 3ns 1938-1941. F&A 3X> 1942-1961. F&A GrandRaplds SchooiDlstrlct— 4X 1932 1943 M&S Highland Park— o4Xb Sept 15 1934.-.M&S o4tts April 151957.— Jackson 4 Us 1932-47-A&016 4Xs Gen Impt '32-'54.M&N Jackson XJn SD 5s „ 89 5s 5s Kansas 4Xs 4Xs 4Xs 4Xs 4Xs 4.35 4.35 4.35 4.35 4.35 J&J 4.35 6 6.*.. b b — . b 4.50% 4.50% 4.50% 4.50% 4.50% 4.50% .. St Louis 4"x~s"Bridge" ~35 4.50% b b b A&O 6—- 3Xs 1932-1941 M&N b 8Xs Water Wks 1932.. J&s 6— Ramsey Co 4X> '32-'50_F&A 6— 4Xs Dec 1 1935-1950-J&D 6—. 4Xs Rd&Bdge *38-'44 M&N 6— 4Xs Rd&Bdge *33-'37 M&N 6. 4Xs Rd&Bdge "32-'43 J&D 6—. t Paul— 6s Sc July 1 '51. J&J b 4X8 W W 1932-42—A&O b 5s School July 1 1951..J&J 6... 5s Gen'l Impt 1933-62. J&J 4Xs July 1935 J&J b is Sewer July 1 '43—J&J b is Water Aug 1 '43.F&A b a July 1 1955 J&J b [■1933-1937 J&J b [a 1938-1959 J&J b 4.75% 4.75% 4.75% 4"B5% 4.70% 4.70% 4.70% 66X% Lincoln Co 5b *33 op Douglas County— 5s Highway 1942A&O Grand Island Sch District— 4Xs Ref 1932-10. opt 1930 Holdrege S D 5s 1939-52—J&D 6 670 6% 6% 6% Nominal. "95* 100 94 87 90 93 93 4Xs School 1932 4Xs School 1933 F&A to 6.50 F&A to 6.50 4X« School 1934-66—F&A 98 X 98 4.65 5 4.80 5 4.60 4.60 4.60 4.65 4.60 5s 1948 J&D Omaha SD 4 Xs Mayl'55 M&N Scottsbluff— 4Xs Ref '42. opt '82.M&N School District— 95 5Xs 1942. opt 1932—A&O York School District— 98 Scottsbluff d Now paid by N. Y. City. to 6% to 6% Bergen Co 5Xs '82-'34—J&D «Xs Dec 1 193M942. J&D 5Xs Dec 15 1932-60-J&D15 to 5.75 to 5.75 - to 5.75 6s Dec 1944 to 5.75 —_J&D 5s Dec 15 1932-1955. J&D 15 4Xs 1933-1939 A&O to 5.75 to 5.75 to 5.75 4Xs Aug 1932-1938—F&A 4s Court Hse '33-'38—A&O to 5.75 Bloomfleld-— 4Xs Dec 15 1932-64—-J&D 6 6.25 4Xs 1932 J&D15 6 6.25 6.25 4Xs 1933 to 1969—J&D 15 to 5.50 to 5 50 to 5.50 Bridgeton (City)— to 4Xs 4Xs 4Xa 4Xs 4Xs 1932-1933 J&D 1934-1935— J&D 1936-1942 J&D 1943-1949 J&D 1950-1954 ..J&D 4 Xs 1955-1958—-—J&D Bogota (Boro) 5s *32-*33- J&D to to to 4Xs 1932-1940 to 6% 6% 6% to 6% to to J&D to 5.75 to 5.75 to 5.75 5.75 5.50 to to 5.50 to 5.50 1 to _ 4Xs 4 Xs 4Xs 4Xs 4Xs 1932-1946.J&D 6 6.50 to to 5.50 % to 5.50 to 5.50 to 0 6.50 6 5*75" to 6.50 to 6.50 to to 6% 0% to 1 6% to 5.25 to 5.25 to 5.25 to 5.25 to 5.25 to 5.25 to 5.75 to 5.75 to 5.75 to 5.75 to 5.50 to 5.70 % 5% 5.25 to 6 5.75 6 5.75 to to 6 5.75 to 6 5.75 to to 5% 4 to 5% 6% 6 6.50 1932-1960 1 5.50 % to 6.50 J&J 1932-1933 M&S15 1934-1935— M&S15 1936-1949— .M&S15 1950-1960 .M&S15 Road 1932-1936—F&A Fairview—5s 6% 6% 6% 6% to 6% .. 4s Hospital 1946 F&A 6 5.75 3.65s Park *33 to '35—F&A 6 5.75 Essex Fells (Boro) 5s July 28 98 M&N J&J to 6.50 Belleville 5s 1934 & '44.M&N Belleville SD 5s '32-'44M&N Essex Co 4X8 Road '35—F&A 6 5.75 6s Apr 1 1932 A&O 4.60 4Xs 1940-50 J&J Omaha 4X> ref 1933.. J&J 4Xs Wat wks Dec 15 '41 J&J 4Xs 1936-55 to 6.50 to 6.50 Englewood—4s Sept '35.M&S 98 7% to 0.50 — 98 Lincoln School District— 4Xs 1932-1953 M&N McOook Fund 5s '34r-43.F&A Norfolk 4X« ref 1945optM&S North Platte Sch Dist— 4X> May 11956 to to 6.50 J&J F&A i Xs 1942-1969 J&J 6 6.25 Camden Go 4Kb 1933..F&A 6 6-25 4Xb 1935-1957— J&J 6 6 25 4 X8 1932-1964 6 25 F&A 4Xs 1932-1934 6-25 J&J 4.80 4Xs 1935 & 1936 6.25 J&J 6 25 4Xa 1937-1970 J&J 4s 1944 6 25 4.40 J&J 4.40 Cape May—lis 1934— ..J&D 6 7.50 4Xs School 1933-1951.M&S 6 7.50 4 X8 1933-1952 M&8 6 7.50 Cape May Co 5s 1933—-M&S o 6.60 100X 99 5s 1934-1935 M&S 6 6.50 98 5s 1936-1940 —.M&S 6 6.50 99 East Orange 4Xs '32-'45.F&A 6 6.25 102 4Xs 1932— J&D 6 6.25 100 4Xa 1933-1969 —J&D 6 6.25 5s Sewer 1933-1960..—J&J 6 6.25 4s 1934 5.50 A&O 6 6.25 90 4s Water 1933 5.50 J&D 6 6.25 96 Elisabeth—4Xa 1955—J&J 6 6.50 97 4Xs 1933 A&O 6 6.50 96 A&O 6 6.50 4Xs 1934-1957. Kearney— 4Xb Sch '44. opt 1929.J&D to 6.50 4Xs Jan 1 1933— 4Xs 1932-1953 4Xs Funding 1945 6s 1934-1972— BeatriceRef 5s '44 opt '34 A&O Beatrice S D 5s 1932-54-F&A to 6 50 Bayonne 5s 1933-1948—J&J 5Xf» Dee 1 4.70 4.50 4.50 99 96 7\ to 6.50 - 4Xs School 1943 A&O 6 6.25 4Xs Water *32 to '60.M&N 6 6.25 NEBRASKA _ 4.50yo 4.50% J&J *27—J&J Phillips CofisDec '35 cp'83J&J 4.75 4.50% 4.50% 4.50% 5% M&S A&O &6X% Kalispell 5s 1933 4.70. 4.75% 4.50% South St Paul 5Xs ref '33.J&J b 5Xs Sewer '35 to '39—J&J 4xs Wat & Sew '33-'50-J&J 4.5C 4.50 6B to V to 4.35 4.35 4.35 Great Falls— 4.70% 4.70% b b 1941 J&J Daniels Co 6s 1933-1942— 4.60% 4.50% 4.50% 4.50% 4.50% 4.50% 4.50% 4.50% 4.50% b b 1941—-J&J lis Educational 1944 J&J tilings ds 1934 op 1929—J&J Butte 5s 1933-1936 J&J 7% to 7' to 7' 4.35 4.35 MONTANA Xs Educational to to 7( „ 4.35 4.35 7% to 7% to 7% Bound Brook I Xs '32-'42 J&D Brtgantlne 5X« Sew '33..J&J Camden 5Xa 1932-01—F&A 6 6.25 4.35 7% to 4.35 4.35 — 4.50% 4,50% 4*50% 4.75 A&O & Imp . .40 6— 4.75 4Xs Public Bldjg 1932-1943-— -J&J 4Xs 1935-1939 F&A IX s 1940-1953 F&A 4Xs W W 1932-1945—A&O 4Xs 1933-1948M&N 4Xs 1941-1948 M&N 4s 1936 M&N 4s 1937-1940 M&N 4• 1941-1945 M&N 4s 1946-1951 M&N Springfield 4Xsl934r49.M&N University City— 4Xs 1932-1943 M&N 4X8 1942-1949 J&J16 4.50% 4.50% 6. 4.75 4.75 4.75 St Joseph 4 Xs 32-*45—M&S St Joseph 4X> ref 1951 St Joseph S O 4Xs 1935 4s 1940 .75 .65 .60 .50 n 4,35 J&J J&J J&J J&J J&J to 0.50 F&A 4.35 -J&J 1940-1950— 1933-1950 1933 1937—. 1946 to 4.10 ...F&A F&A Atlan Co. 4Xs 1933-35-A&O 4XsBrldge 1936-57. A&O 4.10s 1932-1934 M&N Audub 8 D 6s "32-'40—A&O 4.35 4.35 City S D 4s 1932.-J&J to 4.10 to 5s 1940-1947 5a 1948-1968 4.35 4.35 3Xs 1941-1951 - J&J 5s 1941 5sStlmpMay2'37-"4lM&N2 6. J Flat price. J&J 4s 1941-1951 6s Bridge 1932-40 M&N 5Hs Bridge 1932-40..M&N 4Xb Sanitorium "32-'42_ J&J 4Xb Hospital *32-'41-M&N Minneapolis 5s 1932 J&D 5s 1935. '36. '40. '43. '45. "46. *47. *48. '49. '5Q.J&D to... 6 Basis. J&J 1935- 4s Auditorium 1932-1970 Hennepin County— J&J J&J 4.35 4.35 4.35 4.35 4.35 4.35 4.35 4.35 4.35 4.35 4.35 4.35 4.35 J&J - 5s water 1939 5Hs 1936. 1931. 1940.A&O 4Xa Feb 1 '40 op '30—F&A 4s 1934 opt 1924 A&O MISSISSIPPI 5X8 Impt 1933-1946 5Xs April 1933-1934. 4Xa 1932-1950 4Xs 1932-1934 4Xs Impt 1953- 4.35 4.35 —J&J - 1939 4Xs Dnluth Ind School DIst— 1 A&O ...A&O .A&O ..A&O sewer 4.50 4.80 4Xs 1940— J&J 5s bridge & road J&J 4Xs Jan & July 1942—J&J 4Xs 1932-1954J&J 4Xs 1932-1943 J&J 4Xs 1933-1955—. A&O J&D 4X« 1932-1947 4Xs Airport 1932-'54-A&0 4s Airport 1936-1951. MINNESOTA 4s 1933 1935— 1935 5s 1935-1939 4.50 to 4.10 to 6.50 June 1 1932-66.J&D 4.40s 1933-1954 M&S 5s 1933-1934 F&A 4.50~ to 4.10 to 4.10 to 6.50 —M&N 4Xs 4.25 to 4.10 to 4.10 to 6.50 M&8 4X» 1932-1970. to 4.10 to 6.50 Atlan City 4Xs 1932-38—J&J 4Xs 1938-1958 J&J 4Xs Paving 1938 J&J 4Xs Jan 1 1945 J&J 4.50% 4s Various 1932-1970-M&N 4Xs July 15 1943 J&J15 4Xb Dec 1 1939 J&D Dulnth 4Xs 1932-1947—J&J 4 Xs 1932-1942 M&N 4aWater & Light 1936. A&O 4s 1932-1946 J&J 4X». 1951-1960 . 4.25 M&N J&J 4s Saginaw 4Xs sew "32-'33_J&J ,4Xs Sewer 1932-1949-F&A 4Xs Sewer 1932 _J&D 4Hs Sewer 1933-1951—J&D 4XsWat Jan 2 'SS-'SO.J&J .Wayne County— 4Xs bldg&bdge *82-'89M&N 4XB 1942-1949 A&O 4Xs 1932-1941 A&O Wyandotte 4Xs 1934—J&D 4s 1934-1935 4s 1936-1939 4s 1940-1961 4.25 4.25 4.25 4.25 4.25 4Xs 1934-1950— J&J 4Xs 1936-50— J&J15 4Xs 1949 J&D Joplin Sch DIat 4Xs 1943-'48. Kansas City 4 Xs 1933—M&S 4Xs 1935 —J&J M&8 4s 1944— 4.30 Asbury Park (City)— 4Xs 1935-1939 M&N 4Xs 1934-1953 M&N 4X8 1930-1946 —M&S 4.25 - lackson Co 4s 1933-'51 5Xs Sewer 1932-1942 F&A 6s Wat Impt 1932-35—J&D 6s Wat Impt 1936-60 J&D 1932-1935 Apr 1933 & 1934. A&O Apr 1935 _...A&0 Apr 1936 & 1937.A&O Apr 1938-1939—A&O 4Xs Apr 1940-1952—A&O 4X8 1933-1937... A&O 4Xs School 1932-1941 4Xs 1933-1934 A&O 4Xb 1935-1940 A&O 4s School Jan 1 1935—J&J 4s Improvement 1942.J&D 4.30 .... 4s Nov 1 1948-1952 JXs 1948-1952 NEW JERSEY , 4X8 1943-1946 M&S 4s Road 1933-34 Ser D..M&S Is 1943-1947 M&S 4s Road 1944-1948 A&O Muskegon S D 5s 1942—July Pontiac—-4Xb *33-'47—M&S 4s 1941-1967 4s 1941-1945 3Xs Inst Constr 1942-'49. J&J b 4.20 3Xs Inst Constr 1950-'66.J&J 6 4.20 a Koad & bdge 1933-J&J 6 4.20 8 Road & bdge 1938—J&J 6 4.20 s 1940— J&j 6 4.20 • Highway '54 opt 4.20 '39-J&J Xs 1955 opt 1940 4.20 J&J i Road 1950 j&j 6 4.20 4Xs Road 1948-1950—M&S 4*8 1933-1937 a&o 4XB 1938 & 1939 A&O - 4Xs 4Xs 4Xs 4Xs 4Xs M&S MISSOURI 4Hs 1937-1945 M&N Lansing o5s 3932 J&J15 o6h Jan 3 1933 J&J3 04 X b Jan 3 1933-'36—J&J3 4Xs 1937-1946 —J&D Muskegon 4X* 1933-'44„ J&J 4s May 1 1934 M&N 4s 1932-1933 F&A 4s 1934-1938 -F&A 4s 1939-1961 F&A 4Xs 1946-1951 _ Pembroke 4a '32-'34 F&A Stratford 5s May 1933-1954. F&A 6s Pub Imp 1932-48...F&A Yasoo-MIss Delta Levee DIst5s 1932-1954 M&N 4Xs July 1949 -J&J 4s 1952 optional 1922..J&J M&N 1932-1936 vianchester— 4s 1932-1934 4s 1935-1940 Vtfksburg 5s St 1932 5s March 1932-1931 J&J J&D Highway 1934-43 M&S 4Xs May 14 1932-1933 4X« Highway 1934-43—J&D Concord 4X* 1942 J&D 4Xs*38. '40,'42. *44.M&N Keene 4 Xs 1932-1942 M&N M&N J&J 4Xs Sept 1934— NEW HAMPSHIRE a Net. Ask. 4s Mississippi Levee District— Flint U nlon Schoo IDist— To or Bid. Bonds 4s July 1932-1948 4s June 1932-1938 Meridian 5s Dec 1 1939..J&D 4Xs School House 1941 J&J £o5b (Mar 15 & Apr 1) *33-'50 4 His Yield Basis Net July 1 1938-J&J 5Xs 1933-1964—.A&O 5s June 1 1932 ..—J&D 4Xa 1933-1952 4Xs 1932-1952 M&N /ones Co 6s 1932-1942—.M&N 1944. School Ask. lackson 5Xs M&N 15 1933-1934—M&N16 1932 [a 1935-1960—M&N15 4a Bid. Bonda. IXs Flood l932-'63_ A&O 4Xs July 1 1932-1935 J&J 4Xs July 11936— J&J 3Xs State 1934 opt 1914—J&J Greenville 5s fund '43-'60 F&A BIloxl 5X8 1933-1948 A&O Harrison Co 6Xs 1940-60 F&A 4Xs 1932-1933 M&N 4Xs 1934-1935 -M&N 4X« 1936-1937——M&N 4^^1938-1951 [b 1942-1952 is Jan 1 1957 BONDS To or Net. 1943-1957--J&J 4X« Jan 1 o MUNICIPAL To or Bid. Bond* AND Yield Basis yield Basis to 6% 6 7.50 to 650 GloucesterCity4 Xs*32-00J&D 6 7.50 to 6 50 5Xs Water 1937-1955 Gloucester Co— 6 7.50 to 6.50 4X8 Bldg&Rd"32-*45 J&D2C Hackensack—4X« 1942.F&A 4Xa Tmp 1933-1942— J&.l 6s 1933-1954 ..F&A Hoboken—4Xs 1940 J&J 5s School 1933-1954 J&J Hudson Co—4 X8 1948—A&O 4Xs May 1 1950 M&N 4Xs 1932 M&N15 4Xsl933-1978 M&N15 4s g Park 1954 & '59..M&N 4s gold refunding 1935-F&A 4Xs July 15 *32-'34..J&J15 4Xs July 15 '35-74... &J15 6 1944 7% to 6% 6 6.25 to 5.50 6 6.25 to 5.50 & % 5.50 6 7% 7% to to 6% 6% 6 6.50 to 6% 6 6% to 5.50 6% 6% 6% 6% to 5.50 6% 6% to 5.50 to 5.50 to 5.50 to 5.50 to 5.50 state municipal and Yield Basis To or Bonds. Bid. Hunterdon County— 4Ms 1933-1934 Ask. to to Irvlngton 5s School '03—J&D & 6% 6% to 5.75 j&d 6 to 5.75 j&d 6 to 5.75 J&D 6 Jersey City KKr 1942-53 A&O & 6s Aug 1 1935 F&A 6Ms Dec 1 1932-1933—J AD 6 to 5.75 1932-1933 1934-1939 4Mb . 4Mb 1940-1959 to 5.50 - 100M - 5a 1932-1969 4Mb School 1932-58 J&D 4Mb School 1945 J&J 4Mb Water 1961 A&O 4Mb 1932-1966J&D 4a Refunding 1949 F&A Keansburg 6M® Kearny 4Mb 1936— F&A 4Ms Water 1932-1962.M&N 4Mb Water 1932-'34-J&D15 4Mb Water 1935-70-J&D15 4Mb Sch Imp* '32-"52-J&D 5 Ms 1933-1949 J&D 5 Ms 1950-1970 J&D Lodi—5fl 1933-1947 J&J Long Branch 5s 1943 M&N 4a June 11935 -J&D Lyndhurst 5a 1932-1957—J&J to 5.50 b 6 b 6 b b b b to 5.50 to 5.50 to 8% » 6% 6% 6% 6% 6% 7% 7% 6.50 6.50 to 5.25 5.75 to 5.25 5.75 A&O to 5.50 5.75 J&D15 to 5.50 6.50 Mercer Co—4Mb 1933...J&J 8s Road 1933 .J&D 8Mb April 1941 5Ms July 1 1937 to 5.50 to 5.50 ?! Maplewood (Township) 1 4s 1932-33 -J&D15 4s 1934-35 J&D15 4s 1936-67 to 5.50 6 ..... „ to 5.50 A&O b to 5.25 to 5.50 5.75 to 5.25 5.75 to 5.25 Middlesex Co 4Mb '33-'34.J&J 4Mb Fund July 1932-1939— 6.50 6.50 to 4Mb Road 1933-44 Monmouth Co— 6.50 to 6% 6% 6% J&J „«■ Road&Bdge-,32-'34 F&A 4Mb Mar F&A2 6.50 *33-'50—M&S 4Mb Rd&Bdg *32-'51F&Al5 Montclalr 4Mb Sch 1041-A&O 4Mb High Sch Bldg '44.J&D 8Mb School 1932 J&J Morris Co—4s *35 opt *05.J&J 4Mb 1942 opt 1922 J&J 3Ms 1933-1934 J&D 15 3 Mb 1935-1938 J&D 15 3 Mb 1939-1949 J&D 15 Morrlstown 4Mb a32-'42—J&D 4b 1933-1936 M&N 4s 1943-70 to to to to to to to to 5% 5% 5% 5% 6% 5% 5% 5% 5% 5.75 to 5.75 to 5.25 M&N 6 6.50 M&N 6 6.50 Union Township Sch Dlst— 4Ms 1932-1968 —J&J 6 Vallsburg—See Newark. to 6.25 % A&O 4MB 1933-1966 West New York 5s 1936 M&S West Orange (T) 6s '38- M&S __ 6 6.75 6 7% Woodbridg® 6s 1933—A&O 5 6 8% to 5.75 to 6.25 % 5.50 to 7% NEW MEXICO to 5.25 4Mb 1933-1950 -J&J to 5.25 4Mb 1933-1950 95 95 95 95 90 "97" "95* loo" 95 5 75 to 5.26 Middle 5.75 to 5.25 to 5.25 Diafc 5Mb '34'73 F&A Socorro Co 5a '41 op '21—A&O 5.75 5 75 575 5.75 5.75 5.75 5.75 Rio Grande 97 85 to 5.25 7% to 5.25 to 6% to 6 to Ai to to 75 75 6 6% 6% 8% 8% 6% 6% ?! b 6.25 b 6.25 b 6.25 7% 7% to 575 to 5.75 to 5.75 to 5.75 90 92 - 6% to 5.75 to 5.75 6.25 6.25 6.25 to 5.75 6.25 6.25 7% to 5.75 to 6% to 5.75 to 5.75 to 5.75 7% 4a School 1959 M&N 4Mb 1932-1962 various Rahway 4Mb 1932-34 4Mb 1935-1936 4Mb 1932-1934 4Mb 1935-1936 Ramsey 5b Water 1932-1940— to If II 5.2& to 5.25 to 5.25 to 5.50 to 5.50 5.50 to 5.50 to to 5.50 Red Bank (Borough)— 4Mb 1932-1953 M&N Rldgewood 4MB1932-02.M&N 5M§ 1932-1939 J&J 4Mb 1932-1968 M&N Riverside 6e 1932-1933—A&O Sea Isle City 5s 1942 F&A Somerset Co 4 Ms 1932-49 J&D 4Mb 1932-1933 —..J&J 4Mb 1934-1952 J&J to to to to to to 6% 6% 6% 6% 7% 8% to 5.35 to 5.35 to 5 35 South Jersey Port District 4Mb Marine Term 1934-73- b 6.50 to 5.50 6% 6% 6% 6% 1934-1947__F&A 6% 6% 6% 6% 6% 6% —J&J J&J Huntlngton(T)4B '33-'52_J&J Isllp (T) 4s 1933 M&S 4s 1934-1935 —M&S 5.25 5 to 5% to 4.80 to 4.80 ! to 4.75 ! to 4.35 &0 to 4.75 to 5.25 to 5.25 to 5 25 to 5.25 7b to 5.25 % to 5.25 % % to 6% 6% to 6% to 6% to to 5.50 to 5.50 to 5.50 to 5.50 % % % % to 5.50 % to 5.50 to 5.50 to 5.50 to 5.50 1 to 5.50 to 5.50 4 5.75 5.25 Ithaca—4Mb Water 1942-J&J 4Mb 1940-1954 -J&J to 5.50 to 5.50 to 5% 5.25 to 5% 5 25 — Jameet'n 4s Mar 20 1943 A&O 4Mb 1932-1933—,-A&015 to 5.25 5% to 5% 5.25 4MB 1934-1940——A&015 Jamestown S D 5»'32-'39_ J&D 6 5 25 to Johnstown 4Mb Deo 1932-"374 Kings Co 4a May 1 '32-'44— 5.25 5.25 to Kingston 3 Ms g '33-'30—A&O Lackawanna 4 Ms'32-'54 M&N 5.25 to 6% 5.75 Leckport 4 Ms 1932-1944 4Mb 1943-1949 5.75 6 5.75 4Mb Sch 1932-1944 4.40a 1943-1949 M&S 5.75 5s 1933-1942 -M&S 6 5.75 to to 5% 5% 5% 5% 5% to 5.75 to 5.50 to 5 50 to 5.50 to 5.50 to 5.50 Long Beach 6M® '32-'0O-M&N 5Ms 1933-1934 J&D 5M« 1935-1940 J&D 5Ms 1941-1960 J&D M amaroneck (T )4 M b'32-64J & J 6 Mnmaroneck Un F S D No 1— 102 102 5Mb May 1 *32-'52 3.90s 1937-1939 3.90b M&N —J&J 1935-1936 3.90s 1940-1964 S J&J J&J 3Ma 3M« 3 Mb 3 Mb 3Ms to 5.60 to 5.50 J&D 6% to 5.5 5.75 to 5 5 4.35s Sewer '32-'39 Monroe Co 4s 1933-44 96 96 96 96 4.50 to 4.35 % to 4.35 % 4~40 % 5 to 4.35 to 5.50 6% 6% 6% Middleport 4.36b '32-'42-J&D to 6% .to 5.50 F&A 3.90 Co Bldg '34-'60—F&A Mlneola (V) 4.40s 1933-68 J&J Mt Vernon 4Ms *83-43—A&O 5Ms 1933-1934 A&O 5Ms 1935-1941 A&O 4Mb School 1902-73—M&N 4« Sewerage 1050-55—M&N 5a Jan 2 1938 J&J Nassau Co—5b '33-'39 M&> 4s St Inst Bldg "32-*53 M&S 6 3.90 4b Apr 15 1940-1955—.A&Ol5 6 3.85 St Ins Bldg *33-78 .M&S 6 3.80 Mar 15 1933 M&S 15 6 4.10 Mar 15 *34-'35—-M&S 15 6 4.10 Mar 15 '36-'39—M&S 15 6 4.10 Mar 15 *40-'81—M&S 15 6 3.80 3 Mb Mar 15 1933 M&S 15 6 4.10 3 Mb Mar 15 '34-'35—M&S 15 6 4.10 3 Mb Mar 15 *36-'39—M&S 15 6 4.10 3 Mb Mar 16 *40-'81—M&S 15 6 3.75 3s g Jan 1 1950 J&J 93 3b g July 1 1968 J&J 93 3b g Canal Jan 1 1959..—J&J 93 3b Canal 1957-59 J&J 93 Albany Co 4Mb 1936-38.M&N 4Mb 1932-1960 M&S 5% 3 Mo Fund 1932-1941—M&N 5% Albany 4Ms *32-'33 M&N 4MB 1934-1939 M&N 6 4.75 1940-1969— M&N 6 4.40 Water 1932 M&N 1932-1954 J&D 6 5% 1932-1935. J&D 6 5% 1936-1970 —J&D 6 4.50 unlc & Sch *33-'63-J&J s 1932-1933 J&D s 1934-1935 —J&D s 1936-1939 J&D 6 4.50 s 1940-1971 J&D 6 4.35 Alb Pt Dlst 4 Mb '32-71—F&A 4Mb 1933-1972 M&N Allegany Co 4Ms'33-'36.M&S Amherst 4Mb 1933-'55— M&S 5 Ms 1932 M&N 5 Ms 1933-1936 M&N 5M« 1937-1947 M&N 1935-1965 4s 1936-1937 M&S 4s 1938-1951M&S Irvlngton 4.10s '32-*30—A&O Canal 1964 —J&J 109 105 Canal 1905 J&J 105 Highway 1965 M&S 103 Barge Canal 1945 J&J Bonus 1933-1939 A&O 6 4% 4Mb Bonns 1940-1949 A&O 6 3.90 4b Canal Term 1942 J&J 101M 4s Canal Term Jan 1940—J&J 101M 4b g High Imp Mar 1958 M&S 102 4b g High Imp Sept 1958 M&S 102 4b High Imp Mar I960..—M&S 102 4a Canal Imp July I960..J&J 102 is Canal Imp Jan 1961...J&J 102 4a Canal Imp July 1901..J&J 102 4a Highw Imp Mar '61—M&S 102 (a Palisade Park 1981 M&S 102 4a Canal Jan 1902 102 J&J 4i Highw Imp Mar '62—M&S 102 4s Canal Imp Jan 1907—J&J 102 4a Bldg constr *32-'39...M&S 6 3.85 4b Bldg oonatr "40-'49—M&S 6 3.85 4s Grade Cross &c '32-33.M&8 6 3.95 4s Grade Cross &c '34-30.M&S 6 3.95 to 5.75 5.25 to 5.50 Sornell 4Mb 4Mb 4Mb 4Mb 4Mb 4Mb 4a Palisades Park 1967—M&S 6.50 6% Hudson Rlv Regulating Diet— 4 Ma 1932-1934 J&J 5s Jan & Mar 1 1930-1945—.. 6 4.10 5b Jan 1933-1935 J&J 6 4.15 6 4.10 5s Jan & Mar 1946-1970 4Mb Highway 1963 M&S 109 Imp Mar *67—M&S .50 6.50 6.50 to 5.50 % Haverstraw 4.12a *32-'37 M&S 5 6.50 6 4.15 4a Highw to 4,75 to 4.30 6% 4.70a M&S to 4.30 J&J 6 - 6% 6% 6% 6% 6% 4Mb 1932-1951 M&N b 5.50 4.40s 1932-1950 M&N b 5.50 Garden City 4 Mb 1932-52-J&J.6 5.50 Greenburgh (T)— J Hemps tead(T)4 Ms'33-'59A&0 Hempstead 4Mb 1932-65 M&S Hempstead UnPSD No 1— 6s 1933-1954 M&S Oonser- 6% to 4.20 Ser'32-45M&N b 5.50 4.20 sewer 1946-190O-M&N 6 5.50 Freeport 4Mb 1935-1965 NEW YOBK. 5b March 1933-1935 /u I30 5 *33-'35 F&A 5 6.50 4Mb 1936-1980 F&A b 6.50 to 5.25 to 5.25 to 4.35 to 4.30 4.75 4.50 Harrison (T) 4Mb to 5.25 to 5.25 5% Groton 6s Wat tS3-*50..M&N 6 6.50 97 92 90 f?35 to 4.50 Greenburgh U 8 Sch Dist No 9 4.40s 1933-1965 -J&D ft 100 J&J to 5.25 to 4.40 to 4.35 J&D 4b 1934-1951 1935-1940—J&J 5Ma Highway 1935-1940-J&J 4Mb Ref 1953 opt 1933-J&J 4Mb Deo 16 1952 opt '22.J&D 4b Fond 1939 opt 1919—M&S 4s Highway 1932-1944—J&J Albuquerque 6s W W 1962J&D 6a Highway 5 4.50 to 4.75 J&D J&D 4Mb 1939-1959 J&D & 4.40 4b 1945-1953 M&S Essex Co 4b 1933*1950—M&S 5 5% Franklin Co 4Mb '33-'40-M&S b 5.50 to 5.75 to 7 7 5.50 5.50 4.75 25 5 4Mb 1936-1938 (Bore)— s 4.85 4Mb Water 1932-'45—A&O 6 4Mb Apr 1 1933-1935—Erie Co 4Mb 1932-1933— ii to 4.75 4.80 4MB 1934-1935 5Ms Mun Bldg '33-'58-A&0 6 5 F&AI M&S! 4Mb 1935-1958 Elmlra—4s 1935 Ventnor City— 5.75 b 6 b b 7% 5 5 1947-1954 East Cheater 4Mb "33-'34 F&A 5.50 Net. M&S M&S 1938-1940 4s to 5.50 5.75 b b to Ask. - 4s to 5.50 to 5.25 4s School House 1934..J&D b 6.25 Passaic 4Mb 1933-40 m&s b 6.50 5Mb Gen Imp *32-'44—J&D 6 6.50 5 Mb Gen Imp '45-"51—J&D 6 6.50 5« Imp 1932-1941 M&NI6 6.50 5« Water 1935 M&N b 6.50 4Mb Refunding 1944..M&N 6.50 4Mb Water 1939-70 J&J b 6.50 Passaic Co 4Mb 1932-1936 J&J b 6.25 4Mb 1937-1946 J&J b 6.25 4Mb 1932-1908 J&D 6 6.25 * -A&O 6 6.50 4b Oct 1 1942 4s Park 1932 4s Park 1933-1937 5.75 4Mb Impt May 151938-'56. b State — to 5.25 9% 9% 5M" '32-'34—M&N 6Ms 1935-1959 M&N 4Mb Feb 1 1945 F&A 4Ms 1932-1967 A&O 4s N O Hall 1932 J&J Perth Amboy 4Mb Apr 1944-_ 4Mb Water 1933-34..M&S2 4Mb Water 1935-64—M&S2 4Mb School 1933-1960.A&O 4Mb School 1938 5b Feb. 1936-1977 F&A Plalnfleld—4s 1932 lo'84-J&D " 5.75 5.75 ?! Paterson it 5.75 5Ms Noy 15 1P32-39.M&N b J&d 4Mb 1934-1950 j&d Orange— 5b Water 1931 ....F&A 4Mb School 1943 J&D 4Mb Sewer 1032-1964.A&O fif 7% 7% to _ to 5.50 1932-1968 J&D 6 6.50 to 5.50 Sch 1941—-F&A 6 6.50 to 5.50 M&N 6 6.50 to 5.50 4Mb Imp & Sch'32-'38-J&D 6 6.50 to 5.50 4 Mb Imp & Sch *39-'60_ J&D 6 6.50 to 5.50 Sussex Co 4Mb '37-'44__-M&S 6 6.50 to 5.50 4b Impt 1932-1955---M&N 6 6.50 to 5.50 6 7% to 6.25 Teaneck (Twp) 6Ms 32 38 Tenafly 4Mb 1933 F&A 6 7% to 6.25 to 6.25 4MB 1934-1993 F&A 6 7 to 4.70 Trenton 5M« 1932-1951-A&O 6 5 5s School 1934— A&O 5s School 1935 A&O 5s School 1936-1937—A&O 6 5.10 to 5< 5s School 1938-1939—A&O 6 4.90 to 4.S 5s School 1940-1955—A&O 6 4.75 to 4.70 to 4.70 4Mb Water 1943 A&O 6 to 4.70 4MB 1933-1939 F&A to 4.70 5 4MB 1940-1960 F&A to 4.70 5 4Mb 1933-1934 F&A 5% to 4.70 4Mb 1935-1960 F&A 4s Oity Hall 1939 5% to 4.70 J&D Union City 4Mb '32-'64—J&D 7%. to 6.25 Union Co 4Mb 1937.. M&S 6 6.50 to 5.50 6s Sept 15 1937--M&S 15 6s March 15 1938.M&S 15 4Mb 1942 M&S 6 6.50 to 5.50 6 6.50 to 5.50 4Mb Oct 15 1932- 52—4Mb Road&Bdge'33-47 F&A 6 6.50 to 5.50 4Mb Park 1932-'35-J&D15 6 6.50 to 5.50 4Mb Park 1930-*37—J&D15 6 6.50 to 5.50 to Nutley 8 D 4Mb *33-'42. F&A b Ocean Co 4Mb *32-'33 J&D 4Mb 1932-1967 4Mb Summit 4 Mb 4b 1933 To or Bid. Bondi. Amsterdam 5s Wat 1932-37 Auburn—4Mb 1932-1934J&J Blnghamton—4s '33-'36-F&A 4Mb 1932-1971 var. 6 5% 3Mb Bridge 1935 -F&A Brighton (T)5b 1932-1942M&N 5b 1932-1952 J&D Brooklyn—d—3 Mb *33-'37J&J 8Mb gold 1930 -J&J Broome Co 5s 1933. M&S Buffalo 5Mb 1944 J&D15 5s 1932-1934 M&N w 5% 5s 1935-1950 M&N 6 4.75 4MsJune 15 1904 J&D15 4MB 1932-1908 J&D 4MB 1932-1938 J&J 4Mb 1938-1967 A&O 6 4.50 4s 1933-1948 A&O 5% 4b June 15 1900 J&D 4s 1932-1958 J&J 6 5%" 8Mb Water 1932-35 M&S 6 5% 3 Ms 1935-1964 M&N 6 4.75 Oohoea 6s Ref Wat '32-*45 J&J 5 Ms 1932-1939 M&N 5 Ms 1940-1949 M&N 5 Mb 1950-1960 M&N Columbia Co 4 Mb '33-*35 A&O 4MB 1936-1959 A&O Corning 5 Mi 1933-'0O—M&S Cortland Co 4Mb *32-'51-J&J 5.25 Delaware Co 4.20s'32-'52 A&O 5% Dutchess Co 4s '33-'34 M&S 4s 1935-1937 M&S 5"50 5 Ms 1933-1934 M&S 6 6 Ms 1933-1950 M&S 6 Wes wield 5s June 15*32-'0O J&D 6 6.75 575 F&A b to Vlneland to 5.25 5.75 5.75 5.75 5.75 Ocean City—5a 1944..—F&A b to 5.50 6 6.50 6 6.50 M&S J&D 1932-1909— to 5 25 to 5.25 4Mb 1943-1967 '32 to '44 J&J 1933-1962— 7% 8Mb Track Elev 1954-F&A Vallsburg 4Mb 1934...J&J New Brunswick 4 M •32-57F& A 6.50 4mb 8ch & Wat 32-*69 j&d 6.50 4Mb 1932-1967 6.50 J&D North Arlington (Borough) 5 Mb Impt 1933-1935 b 8% 6s Impt 1933-1935 b 8% North Bergen 5a 1941 50 j&d 6a School 1932-58 50 M&8 „ 6s 4M» 6 6.50 to 5.75 ——J&D J&D ...J&D J&D ..J&D To Net. Ask. 8% 5.75 —M&N M&N 6% 6% Bid. Bonds to 5.25 5% 4b Sch House 1959 opt 1949 4b Pas Val 8ew'61 op'51 J&D 4s 1936-37— 4s 1938-42 to 6% 6% Newark—4Mb 1944.....f&a 6s 1933-1935 M&S 6s 1936-1972 M&S 6Ms Oct 16 '32 to 69 A&015 5b 1932-195* J&J 4Ms 1933-1969 M&815 4Mb Dock 1959 .F&A 4Mb Apr 15 *32-*61_A&016 4Mb School Dec 1 '45—J&D 4s 1932-33 4s 1934-35 to 6.50 15 4b 1937-1940 4b 1941-1969 to Yield Basis or Net. Sou Orange—-4b J&J 6 4Mb road & bldg '35-'40 J&J 6 4Mb „ 97 bonds Yield Basis i to 4.35 % to 4.75 % to 4.35 .30 5 4.75 to 4.40 to 4.40 5.25 5Ms 1937 4Mb 1933-1934 4Mb 1935-1944 4Mb 1932-1940 4s 1032-1939 M&S 15 A&O A&O M&8 M&N —J&J 3Mb 1944-1950 3Ms 1951-1961 J&J Newburgh 4Ms *33-'34—F&A 4 Wat Imp 1042-62 J&J 4Mb Wac Imp 1932-41-J&J New RocheUe 5s *32-'50 M&N 4Mb 1933-1934 M&N 4MB 1935-1936 M&N 4MB 1937-1944 M&N 4 Ms 1945-1905M&N 4Mb 1932-1934 M&N 4Mb 1935-1963 M&N 8Mb 1932 to 1033 J&D to 5.50 to 5-50 5.75 5.75 to 5-50 6 4.90 to 4.50 6 4 90 6 4.90 to 4 50 °?o to 5.50 to 4.50 I % 6 4 90 to 4.50 % 6 4 90 6 4.90 to 4 50 % to 4.50 65M% to 5% $ 5.20 65 M% to 5% %• 6 4.90 to 4.50 % 6 4 90 to 4.50 % 6 4.90 to 4.60 6 4.90 to 4.50 6 4.90 to " 4.50 5.25 to 4.75 5.25 5.25 5.75 5.75 5.75 5.75 6 5.75 6 5.75 to 4.75 6 5.75 5.75 to 4.75 to % 5% to9 5% to 5% to 5% to 5% to 5% to 5% to 5% 5.25 5 7 7 7 7 Subject to taxation. By an amendment to the constitution of Ohio adopted Sept. 3 1912, bonds issued after Jan. 11013 by municipalities In that subject to taxation. Bonds Issued prior U Jan. 1 1913 are exempt from taxation 6 Basis, d Now part of N.Y. Oity. /Flat price, n Nominal. are MUNICIPAL BONDS AND STATE 98 Ask. 100 M 100 K 100 ys 100 M 101 90 M 92 90 M 92 M 92 M New York City— Jan25'35 J&J 25 Jan25'36 J&J 25 6s Corp stk Jan25'37 J&J 25 4mb june 1906— j&d 0g Oorp stk 6s Corp stk M&S M&N 4mb 1903 4Mb May 1957 4m Nov 1957 4 Ug 4MB 4 Hi s 4m 4Mb M&N Corp stock 1907—J&J Corp stock 1932—J&J Corp stk 1971 ...J&d 16 Oorp stk 1932-1935j&d Corp stk 1930-79-J&d 4mb Jan. 1 J&j 1977 91M 91M 90 M 5s Dec 15 1944-1948 92 M 91M 5.50% 913^2 \ 6% 5.50% 6 5.50 5.15% 87 M 86 6% 5.50% 86 M 88M 86 M 86 M 88M 88 M 86 M 90 83 6% b 6% 4mb Water 1932-45 A&O 6 6% 4Mb Water 1946-64—A&O 4Mb 1947-72 J&J Oneida—4s Water *40-'45-J&J 4MB Water 1933-39 J&J 6 5.50 Onondaga Oo-4Ms '32-47A&O 6 5.25 3.70s 1933-1951 A&O 6 5% Ontario O© 4t "32-*51—M&N 6 5.25 Ossining 4Mb 1932-42—M&S b 6% 4mb Water 1933-1909.A&O 6 6% Oswego—5 M» 1932-46—M&N 6 5,25 Oyster Bay Wat Dtst— 4s 1936-1950 J&J Pelham (T) Un Fr Sch Dlst — 4Mb 1949-1953 M&N 4Mb 1933-1934 M&S 4MB 1935-1938— M&S 4Mb 1939-1946 M&S 4Mb 1947-1953 M&S 4Mb 1954-1960. M&S Putnam Oo 4Mb '33-'51-A&O 4s 1933-1934 F&A 48 1935-1954 F&A Rensselaer County— 4Mb Highway 1932 F&A 4Mb Highway 1933-36 F&A 4Mb Highway 1937-58 F&A Rochester 5s 1933-1951 -F&A 5s 1933-1936 F&A 5s 1937-1938 F&A 5s 1939-1962 F&A 6s 1934 & 1935 -M&S 4Mb Jan 15 1933 j&J 4Mb Pub Imp '32-"48—F&A 4Mb 1933-1934— M&S 4Mb 1936-1959— M&S 4s Imp Sch &c *33-'47—J&J 3s 1941-1951 3s 1952-1971— July 1954-'58—-J&J (Oity of) 4M* —J&J 4Mb Sewer 1932-1953—J&J 5a Water 1932-1950 J&J 5Ms Water 1932-1950—J&J Troy 6s 1932-1940 reg—A&O 4MB 1933-1950 A&O 4Mb Feb 16 1933-1957—4 Ms 1932-1970 -J&D 4MB 1932-1966 J&J 3Mb Water 1932-30 J&J Utica—4 Ma 1932-35 M&N 4Mb Pub Imp '32-'45-J&Jl5 4.20s 1933-1937 F&A 4.20s 1938-1949 F&A 4.15s 1932 M&N 4.15s 1933-1950——M&N 4.10s 1933 1946 A&O 3.90s 1933 1948 F&A 3 Ms May 15 5 4.50 4.25 5 4.75 4.50 4.25 4.25 6 6 6 6 6 5% to 5.50 5% to 4..'50 5% 5' 5% to 4.50 5% to 4.50 % to 4.50 % to 4.40 % 4.50 5 to 4.40 5% 5% 5% to 4.40, to 4.30 % to 4.75 % to 4.30 % 5% 4.50 '32-'35—M&N yo 450 4.75 Warsaw Union Fr 8 D No 10— 4Mb 5.25 1932-1942— Watertown 4Mb 1942 Oct J&J 6 4.60 r to 4.60 to 5.50 % to 5.50 5%40 5.40 5.10 to 5.10 to 5.40 to 4.30 to 4.75 to 5.25 to 5.25 % to 4.80 % 5.10 to 4.50 to 4.50 % 4MB 1932-1953— J&J 6 5%r 5s 1932-1945 J&J 6 5% to 4.75 % 4.75 4s May 1938 M&N Westchester County— 5.50 5Mb 1932 reg -J&D 4.50 to 4.30 % 5B 1939-70 -J&D 5% to 4.30,% 5b June 1 1932-54 J&D 5% to 4.301% 4Mb San Sew '33-*82—J&J 14.30 4M« Parkway 1962-80-J&D 4Mb Co Blda 1933 44 .A&o & 5% to 4.30 % 100 4Ms *44, '45,' 56 & '69 J&D 48 Oo Bldg 1933-68 M&.> 6 5% to 4.25' % 4s 1932 to 1935 F&A 6 5% to 4.25 4s June 1 1959-1964—J&D & 3Mb 1933-19343Ma 1935-1939 3Ms 1940-1951 3 Ms 1952-1980 3Ms 1933-1934 3Ms 1935-1945 3Mb 1946-1951 3 MB 1952-1963 J&D J&D 6 4.75 J&D J&D J&D J&D 6 4.50 J&D J&D 5 % i to 4.50 4.25 4.25 4.75 4.25 to 4%20 4.15 4Mb 1936-1959 (reg)—M&S to 4.60 to I it A&O 6s Feb 11937-1939 A&O 6s Feb 11940-1952 A&O 6M* 1H >3-1901—-A&O 5s 1932-1961 A&O 4Mb July 1 1932-62—A&O 4M« Feb '33-'36—i—A&O 4Mb Fob '37-'49 A&O 4Mb Mar 1 '33-'5fl—A&O 4Mb Feb 1933-1930—A&O 4Mb Feb 1937-1949—A&O 4s 1933-1958 -F&A 6s 1933-1938 -A&O to to 5% 4.50 north 4.40,% 68 July 1961- to to 4.40 4mb 1933-1962— to 4.30 4 mb 1934-1935 4.75 to 4.25 4mb 1936-1939 4mb 1940-1954 4mb 1967-1968 6 5.25 to 6 5.40 to 6 5.25 to 6 5.25 6 5.25 to ----- 6 4.75 to 4 to 6 5.15 6 5.25 to to to 5 . 6 5.25 to 4.85 % 6 5.25 to b 5.25 b 5.25 4.10. % — b 5 b 5 25 48 1932-1939 & 5 25 6 5.25 4s 1941-1954 b 5.25 4s 1967-1968 6 5.25 to 5.25 Asheville— J&j / 38 j&J / 38 6mb Street 1933-36—f&a / 38 5s 1933-1969 to 4.35 5 Ms „ li% 4.75% 4.75% 4.75% 25 4.75% 25 4.75% 425 5% 1932-1957 5Ms 1935-1969 m&s 4 ms 1932-1965 m&n 4mb 1933-1962 a&o Buncombe Co 5s *32 -'46—j&d 4.75% 4.75% 4.75% 4.75% 43 43 43 to 5% 1933-1953F&A Saranac Lake 4.45s'83-'39F&A Saratoga Co 5b 1932-1941 4Mb 1932 M&S 4Mb 1933-1955——M&S 4b Sept 11945-1954 M&S Saratoga Springs— 4Mb Park 1933-40 A&O Scarsdale 4Mb 1932-45— J&D Schenectady 5s 1932-33 —J&J 5s Dec 15 1932-1941 ---J&D -J&D J&J a&O a&O -a&o / / / / 4mb Funding 1939—m&s / 6s Bridge 1933-37 a&o / Charlotte! mb '32-'48—m&n 4mb 1932-1970 m&n 4mb 1934-1935 m&n 4m» 1936-1941 m&n 4mb 1942-1946 m&n 38 38 38 36 36 36 43 80 90 80 90 90 4mb 1947-1955 m&n 4mb 1956-1979 m&n Durham 4ms 1932-1940—j&j 4mb 1942 to 1906— — 5b Water 1933 to 1945-J&J to 5.25 80 . 80 80 80 80 b 6.25 b 6.25 b 6.25 Durham County— 4mb 4mb 4mb 4mb 1933-1934 1935-1937 1938-1939 1940-1951 j&d j&d j&d j&d 43 43 42 42 42 90 90 90 90 5.75% 5.75% 5.75% 5.75% b 6.25 b 6.25 hf% 5.75% n Nominal. .m&n m&n 4mb 1943-1947 m&s 5a Fund June 1959 j&1 Raleigh 5a Munlc Bldg "39j&j 5s Impt June 1 1944—j&d 4mb 1932-1987 a&o Randolph Oo 4mb *33-*47.f&a 4mb 1948-1959 f&a Rutherford Oo 5b '32-752—j&j Salisbury 0s Impt "32-'35 j&j 6b 1932-1941 m&n Wilmington— 5s Ref & Impt 1955 a&o 4ms 1932-1962 a&o 4 mb 8 Wat & Sew '48- - 1 a&o 7M 4mb Pub Imp 1933-190oj&j 6.50 Winston-Salem 5s 1932 —j&j! j&j 6.50 m&s m&n15 j&j j&j j&^ 6.50 5a 1933-1938 5s Sept 1932-1947 4mb 1932-1958 4mb July 1 1942 4Mb July 1 1952 4mb 1932-1973 6.50 6.50 6.50 6.50 north dakota 5s Farm Loan 1935.1940.194/ and 1950 j& b 5.50 b 5.50 5Ms 1945 & 1948 ser o—-j& b 5.50 5Ms July 1932-1933 j& b 5.50 ims July 1951 & '55 j&j b 5.50 1mb Jan 1957 j&j b 5.50 Grand Forks 5s—May '32-'3> OHIO {See footnote *) 5.25% 5.25% 5.25% 5.25% 5.25% 5.25% b 6.50 a&< 4mb 1932 1932-1940 a&c *6a Water 1932-1953—a&c *5m» 1933-1937 j& *5ms 1938-1951 j& •4mb 1932-1947 a&c *4 ms 1930-1955 a&c •4mb 1932-1940 •4mb 1932 1939 a&o •4 m> 1940-1952 a&o 4mb 1932-1933 a&o 4Mb 1934-1937 a&o 4mb 1938-1956—---a&o 4s Water Works 1942--a&o •Allen Oo 5Ms 1933-'50.a&(> Alliance 4Mb 1932 j&l •5s Water Dec 15 1932 195 Ashland ♦smb 1932-44-a&o Cambridge—4mb '33-'34-j&. ♦Akron 6s to b 6.50 to b 6 50 to 6 6 50 to 6% 6% 6% 6% 6% 6% 6.50 to b 6.50 to b 6 50 t0 b 6.50 to 6% b 6.50 to 6% b 6.50 to 6% b 6.50 to 6% b 6.50 to 6% b 6.50 to 6% b 6.50 to b 6% 550 550 550 5.75 5.75 5.75 5.75 5.75 __m&fc •5s Sewer 1953 •5s Sewer 1932-37 m&£ Canton—»5s Sew 1953--m&s •5 Ms Fund 1932-37—j&d •0s Water 5 75 1944-1959—a&o 525 525 525 •Canton s d 5s 1954—-a&o?- •4mb Dec 5 1939-42—j&d •4.40s 1950 6 4.60 Cincinnati—*5xs 1941-m&s — *5Mb Imp Feb '40. '51 F&a j&j •6s July 1 1965 4s to 4.50 to 4.50 6 4.60 '37-m&8. to 4.50 to 4.50 1932-1956 4.65s g •4mb 1930-1950 *4s 1932 & 1933 3 Ms 1932-1956 Cleveland 8 d— to 4.50 to 4.50 to 4.50 to 4.50 to 4.50 to 4.50 to 4.50 to 4.50 4.50 5.50 to to 5.50 5.50 5.50 to 5 50 to 5.50 to 5.50 to 5 50 to 5.50 to 5.50 to 5.50 to 5.50 to 5.50 to 5.50 6 5 25 to 5.50 m&s —a&o 6 5.25 to 5.50 a&o 6 5 25 to 5.50 a&o 6 5.25 to 5.50 6 5.25 •5ms Pub Hall 1970—j&d •6s w w 1936-1908—j&d 6 5.25 •5s 1932-1935 a&o 6 5.25 *59 1936-1940 a&o 6 5.25 6 5 25 •4Mb Grad Oros *32-'54 a&o 6 5.25 •4Mb Paving 1932-34—j&d 6 5 25 •4mb St Imp Feb 1 "34-f&a •4Mb March 1949 m&s 6 5.25 6 5 25 •4Mb Fire Dep 33-'55-a&o 4Mb Clark av Bdg *42-a&o 6 5.25 4Mb Park 1938—.. a&o 6 5 25 •4mb 1932-1935 m&s 6 5.25 ♦4s 1934-1955 6 5 25 •4Ms 1932 to 1935 4s July 1 1932 j&j 6 5.25 •68 1932 to 1935 j&d 6 5.25 Cleveland Heights s d— •6s 1932-1959 —a&o to to to 'to 5.50 „ to to 5.50 5.50 *0s 1949-57—m&s 1933-1935 m&s 1936-1938 m&s •4 Ms 1932-1953- •4mb •4mb s-a ...f&a 5.25 5.25 s-a f&a 4a Wat w *45 opt '20—m&s 4Mb 1933-1955 5.25 j&j 8mb 1932 opt 1912 Columbus s d— j&d19 6 5.50 to 6 Cuyahoga Oo •0s*32-'39_a&o •5s 1930-1939 a&o ♦4Mb 1932-1935 a&o •4Mb 1936-1944 a&o 1932-1943 a&o 6 5.50 to 6 vo 6 5.50 6 5.50 to 6% 6 5.50 to 6% to 6% to 6% •6s 1943-1952. to 6% ■ Road 1932 6 5.50 6 5.50 Road 1933-1934 6 5.50 to 6% s Road 1935-1936 6 5.50 to s Road 1937-1938 Road 1939-1941 6 5.50 to 6 5.50 to 4b "1932-1941 1 5.25 5.25 5.25 5.25 5.25 5.25 Columbus 4mb 1932 % to 4.50 6 4.60 6 4.60 a&< '4m8 Sewer 1955 to 4.50 6 4.60 6 4.60 j&j •4Mb July 1943 s '3.W f piat price 7M 1937-1951—f&a a b 6.25 b 6.25 4a Oct 151932-1944 -A&015 b 7M 7M 7M 7M - b 5 25 & 5.25 4s1934-1935- 6 j&j 60 m&s 6 4.60 6 4.60 Feb 1937 f&a o.30 % 6 4.60 3mb Water '45 op '25—f&a -—5.25 6 4.60 8s Water 1939 op '19-f&a 5.25 Cino 6 4.60 8 d *4Ms 1934—a&ol 5% 6 4.60 4mb 1932-1933 m&s 5% 6 4.60 4mb 1934-1952 m&s 5.10 % 4s 1936 opt 1900 m&fi 6 4.60 15 6 4.60 3Ms 1940 opt 1912—-a&o 5% I 6 5 25 Claveland *5Ms 1940-70-j&d 5.10 % *6a 1932-1933 j&d 6 5.25 to 4.40 6 4.40 60 60 - •4Mb Sew Sept 3 ...---'5.50 carolina 6 4.50 5% to 5% to 4.50 6 5.25 5% 5 5% 15 *32-'42J&J 6s Feb'l 1933-1936 6 4.75 6 5.50 4.75 5Mb Sch 1933-1930—A&O 3.90s 1933-1954 -F&A 6 Wolcott 4Mb Jly Vonkers— 85 5 5Ms highway 1934-'53-F&A to 68 4mb 1932-1933 m&n 4Mb j934-1957 m&n High Point 4mb 1933 *48 j&j 5s Wat Serv 1932-1909 j&d Iredell Oo fia Aug 1 '42-f&a 4mb 1933 1939 a&o 4mb 1940-1950 a&o Lincoln Oo 5s 1943 & '48-j&j 5 to 4.75 3Ms May 15 *36-'51—M&N Warren Oo 4Mb 1932 '50. F&A 4.40s 4Mb 1933-1934 4.15b 1933 4.16s 1934-1939 4.16s 1940-1960 /0 4Ms 79 68 Water Works 1954--j&j Pitt Oo 5s 1932- 30 to 4.40 4.75 6 6 b 6 b f&a 4mb 1933-1965 Greenville 5s w w '58—f&a Guilford County— to 4.25 Hconderoga S D No. 6— 80 Rye(V)5s Mar 10 '33-'38 M&S Rye & Har'ion Un Fr S D No 6 — 3a 1937-1940 68 68 6a Ref Nov 1950 to 4.25 5% F&A 6 w—f&a j&j Mecklenburg oo— J&J15 J&J15 J&J15 -J&J15 J&J15 3s 1934-1936. 80 to 4.70 4Mb *32-*38 (reg) F&a15 4Mb 1933-1946M&S 6 5.50 Rockyille Centre (V)— 4.15b 1932-1952 J&D 6 6% Rome 5Ms 1933-1941—A&O 6 5.50 4.30b 1933-1948 . 3s 1932-1933 5.50% 5.10% 6 5.50 6 5.25 8Mb Ref 1933 opt 1913-J&J Rockland Oo—-4s o2-'34_M&8 6 5.50 4.30* 1932 1932-1946 4Mb 1933-1963 5b Bridge 5 Net. 4mb '39—m&n Greensboro 5s 1942 4s Ask. 6 6.50 Co 4mb '32-'58_j&d Forsyth Granville Oo to 4.50 White Plains— 1934 6 4.90 Port Jervis 4mb 1937-1966 Port of N Y Authority—N YN j Bdge 4mb '33-39-M&S 4Mb 1940-1946 —M&S 4Mb 1939-1943 M&N 4Mb 1944-1948 .M&N 6s 4.75 M&S 1933-1942 J&D J&D 6s 1933 I May 16 1932-1938 Tona wanda - Poughkeepsie 4Msl932-52J&D 6 5.25 4b School 1934-'59 M&S 6 5% Port Chester 6s 1932 J&D to 4.75 5% J&J15 J&J15 3 Ms 1937-1940—--J&J15 3Ms 1941-1951— J&J15 5.10% 5.10% 5.50 5.10% 6 5.50 5.10% 6 5.50 5.10% 80 77 M J&D 4.75 ------ 6 3 Ms 1932-1933 3 Ms 1934-1936 5.50 5.50 77M 77 M 76 5 4.40 4.35 *33-'45-A&0 5 Mb 1932-1960 4s 85 5.50 5 4M» June 16 '32-34-J&D15 ----«Ms 1932-1944 M&N 6 5% 4.20s Dec 15 1932-71 J&D15 6 5% 4s June 15 1932-"44—J&D15 6 5 85 8Mb exempt 1955 m&N 3 Mb stock Apr 1 1954-a&o Niag Falls—5Ms *41-'48 M&N 4.15s Sewer 1965-70--M&N 4.10% Sewer 1935-50--J&J 4mb Wat Mayl'41-'48 M&N 4mb Repav "32-'33 reg M&N 4ms Sew "39-'40 reg—M&N 3.95 Nov 1 1961-1970-M&N 8Mb 1942-1945 M&N 3s May 1 1935 M&N NIagFallBSD—4 Mb'32-'34F& a 6 5.50 4Mb 1936-1960 F&A No Hempstead 5s '33-34 j&J No Hompstead S D No 7— No 1 4.60s 1944-1966. 6b 85 83 4.75 F&A 3M 1932-1951 85 83 5 A&O Syracuse 4Mb 1932- 35 VarlouB H-- 5.50 5.25 A&O Sullivan Oo 4Mb *|§m 82 4a Various 4Mb 1934-1942--North Tarrytown (6) 4Mb Oct 1932 4Mb 1933-1957 1 |6M 1966——M&N 4a Various May 1957-M&N 4a Nov 1958 M&N 4s May 1969 M&N 48 1932-1937 M&N 4s 1938-1967 M&N 8Mb 8 exempt 1941—M&N 8MB exempt 1942 M&N 8mb k t 1948-1950.-m&N 8Mb g exempt 1952—m&N 8Mb K exempt 1953—m&n 3 Ms g exempt 1954—M&N 8Mb g Water ex '54—M&N Solvay 4Mb 1932-'40—F&A SomerB <T1 4Mb *32-'53-M&N Southampton 5s '36-'43-M&N 5s 1944-71 M&N Steuben Oo 4Mb '33-'37—F&A Suffolk Oo 4Mb 1932 J&J 100M Bch & Var '32-'89-J&d I960 opt 1930 M&S I960 M&S Mar 1 1962 m&S Mar 1 1904 m&s 4mb April 1935 a&o lb April 1 1960——a&O 86 (t Apr 15 1972 a&016 %VA 87 M 86 s Rap Tr & Wat 74 J&D b 5.50 6.10% is Feb 15 1932 60 FA A IB 4Mb Feb 15'4M966-F&A15 b 5.50 6.10% 87 M 86 4mb Feb 15 1976 . F&A15 4MB Nov 15 '32-'68-M&N15 6 5.50 5.10% 86 4MB NOV 15 1978-M&N15 §7M 84 M 82 M 4s Oct 1 1980 -A&O 84 M 4s May 1977 M&N & 93 92 4b Various 1930 M&N 85 82 4a Nov 1955 M&N 4Mb 4Mb 434i 4mb 4mb 4.60 4.75 4 50 5.25 J&J Schenec Oo 4Mb '42-"5# 5s Dec 15 1933-1943 To or Bid. Bond* Net. Ask. Bid. Bonds Net. Bid. To or To or Bonds Yield Basis Yield Basis Yield Basis a&o 6 5.50 6% 6% 6% to 6% STATE MUNICIPAL AND To or Bid. Bonds. » Ask. to to W W 1932-1948—JAJ 4.25 4.25 4.25 4.25 - 1932 1933 4*8 J&D2 JAD2 1934-1940——JAD2 *4 *s W&88epl0'32-35M&S10 5s 1932 1935--—.—-JAD to 5.50 to 5.50 to 5.50 to 5.50 to 5.50 to 5.50 6 6 5.25 5.25 5.25 '32-*42 —J&D 5.75 575 5.75 5s ref 1936-1941 A&O Newark *4*a 1932-41— A&O 5.75 5.75 Portsmouth—6s 575 AAO '33-'36—J&J Portsmouth City S D— 5.50 4*8 1932— 4*a 1933-1950 Springfield *5a 1932-1934 4*a 1932-1935 -MAS 4*s St Imnt 1933-39—MAS *4*8 1933 1949 MAS 4s 1933-1955— MAS SprlngFd 8 D ♦5s'32- 39.J&J2 Steubenvllle *5b 1933-35.KAS 5.50 5.20 5.20 5.20 5.20 — 5.20 6 6 Summit Co— ♦5a Road Imp '32- 35. A&O •4*8 1932-1937 ♦4* 1932-1940 A&O 6 Toledo ♦5s W W *37-'44.FAA *6s SeDt 1932-1942—MAS 5s 1932 1933— J&D 15 ♦6s Pub Wharf I960—M AS ♦5s Sewer 1949 MAS 6 4*s 1932-1954 M&S15 •4*8 Wat 1932-34 JAJ ♦4*8 1933-1953 -MAS 4*s Bdg 1933 A '38—F&A 4*s 1932-1953— 4s Park July 1 1942—J&J 6 6 . 6 1932-1960--- - Lancaster Co 4*8 A 4*8 6 3.60 90 to 3.85 to 3.85 93 6 4.75 6 4.65 6 4.50 0 4.60 6 4.60 6 4.60 6 4.60 6 4.60 85 85 85 ... SOUTH CAROLINA. to 4.o5 i4s Refund 1952 opt 1932-_ J&J 4*s ctfs Indebt <J9-'53--J&D Aiken Co 4*a 1937-1945 Anderson Co 4*8 1933 --F&A 4*a Highway 1934-37-F&A 4*8 Highway 1938-43-F&A Charleston—4*s Jan '62-J&J 4s Refg '38 (tex-exem)_J&J Charleston Co 6s 1937 J&J Cheraw 5s '52 opt '32 July 1 Ciarendon Co— 8a May 15 '36-'40—M&N15 Columbia 5b Ref 1941 MAS 4*s Water 1945 -JAJ Greenville—5a St 1942 J&J to 4.40 4.40 4.40 to 4.40 to 4 40 to 4.40 90 90 90 to to 90 85 M&S 6 4.60 6 4.60 6 4.60 6 4.60 3*a Sewer 1934 5% 575 5.75 575 5.25% 5.25% J&J 6 5.50 6 5.50 6 5.50 6 5.50 6 5.50 6 5.50 — 1 1940 1955— 4s Nov 11960 J&J 6 5.50 6 5.50 4a July 26 1972 3*8 July 1 1934 J&J Phlla 8 D 4*a *32-'43—J&J 4*a 1941-1959 MAN 4*s Apr 15 1939-58-A&OI5 4a 1932-1942 JAJ 4a 1937-1950 J&D Pittsburgh—4*8 *32-'50 J&D 4*a 1935-1937 M&S 4*a 1938-1946 M&S WIlkea-Barre— 4a 1933 to 1935- 101 100 101 6% Tulsa— to 5 50 FAA 6 5.75 5*8 Wat A Park'33-'49 FAA 5 *8 1933-1939 FAA 6 5.75 to 5 6 5.75 to 5 50 F&A 6 5.75 4.40 to 4.40 4.40 to to 4.40 to 4.40 to 4.40 to 4.40 4.40 to 4.40 4.40 4.40 4.40 4.40 to 1933-1947. 6s Feb 11933-1939 — to 4.90 l*s Oct 1 1952 latorla 6s 1953 AAO AAO F&A A&O 6 4.50 JAD 6*a 1932-1949 JAJ 1934 MAS Clatsop County 5s 1934-AAO Baker City 5s Columbia Co 5a *33-'34.A&0 Eugene 5s 1942 M&S Multnomah Co 4*s '32.JAD 4*8 Bridge 1932-1944. J AD 4*s 1949-1956 F&A 4s Bridge 1945-1955—JAD 5a Boad 1932-1939—-MAN Multnomah OoSDNo 1— '32-39..JAJ15 15 *40-'45 JAJX5 4*a July 15 4s July 95 to 6.10 6%I to 85 to 6 25 to 6.75 —MAS 6 6 50 to 0.30 to % 6.30.% as 95 95 r_ uw u.uu to 6.50 % 7o to 6.50 % 6.50% 6.50 % to to to 6.50 to 6.50 to 6.40 85 DAKOTA Ss Mar 15 1933-35 5b June 1 1932-39 5s Jan 15 1934-40 M&S15 JAD JAJ15 5*8 Jan 15 1943 J&J16 !*• Rural Credit 1839—JAJ Corson Co 5a fd 1932-47-M&N to 4 90 to 4.90 to 4.90 to 4 to 4 90 90 to 4.90 Jackson Co— 4.90 4*s fund 1932-47—M&N 15 to 4.90 Perkins Co 4 *s fd *36-'47 J&D 4 90 Stanley Co 4*s fd '43-'48 JAD 9i»ux Falls S D 5s 1935—A&O 5*8 Dec 11840 JAD to to to 4 90 4 90 to 4 93 to to 4 30 4.40 to 4 90 o TENNESSEE 4*s highway 1939 JAD 4*8 bridge 1945 J&J 4*s refdg July 29 1955—J&J t *s July 1 1945 J&J 4*s highway 1939— J&J ts refdg July 29 1955 JAJ 5s Memorial Aud'm 1961.JAJ Carter County— 5a funding Jan 1 1959-J&J 5 *s Road 4.30 t-o 4.30 to 4 .50 6 4.60 to 4.40 6 4.60 to 6 4 60 to 4.40 4 40 6 4.60 6 4.60 ro 4.40 to 4.40 6 4.60 6 4 60 to to 4.40 4.40 6 4.60 to 4.40 6 4.60 to 4.40 to 4.40 „ 625 to 5.751 ta 6.25 to 5.75!% 6.25 to 5.75; % 6.25 to 5.75 % 6.25 t° 5.75 % 6.25 to 5.75 % 5.75 to 5.50 % 60 65 60 65 Chattanooga— 4*8 School 1956 4 AAO 6 5.50 to 5.25 5.50 5.50 to 5.25 *s Memorial Aud '52M&N 5s Hospital 1954 Cocke County— MAS 4*8 Road July 15 '47—J&J to 4.40 to 4.40 70 80 80 4*8 Highway 1947 JAJ 6 4.75 5% Co Memorial '32-'50JAJ 6 4.75 45 Dyer Co 4*8 1955 Fayette County— 60 4*8 Road 1958 JAJ to 4.40 to 4.40 to 4.40 to 4.40 % to 5.25 70 Cumberland Co 5s 1956—J&J Davidson County— - 1965 5% Highway 1947—J&D 4.30 MAS 6— ——J&D 6—— 3*8 gold S H 1934—J&J 6 Cranston 48 Sch 1933-'68—J&J 6 5.25 4.30 4.30 1 to 4-75 % li June 1 1977 [a H'way '36-'49 (a-a).AAO Highway 1932-42 95 88 to 4.65 to 4.65 55 70 6% to 5.50 % Gibson County— 4s Oharlt Inst Highway '33-Apr'44 AAO 1932-1944 (a-a) AAO Is Highway 1932-41 la Aug 1 1932-1933 88 6 6.50 6 6.50 Giles County— [a H'way "32-'35 (s-a).AAO „ 7% to 6 75 SOUTH to 4 90 6 5.50 6 4.60 6 4.70 JAJ 6 4 60 4*8 Imp aer I '82-'38-AAO 6 4 60 4*8 1933-1940 J&J 6 4.60 4*11 Inapt 1940-1945-JAJ 6 4.60 York 4*8 1932-1943 F&A 6 4.60 York Co 3*8 1932 MAN 6 4.60 to to 6 50 $s Rural Credit *83-'40—A&O 58 Sept 1941 MAS RHODE ISLAND a is 7% to 4 90 OREGON i 6 7.25 to 6.20 to 4 90 to 4 90 to 5 50 5a % 50 85 102 99 4.40 to 5% 85 80 to 4 90 6 5.50 6 5.50 6 to 6% 6% 6% 6% to 80 9partanb*g Oo4*s "37-47M&S 6 6.75 4 *s 1932-1950 M&N 6 6.75 Sumter Co 5s *33-*52 J&J 6 6.75 York Co 4*8 1933-50——J&J 80 to 4.40 to 6 6.40 4*8 1935-1941 MAS 6 6.50 Richland Co 5s 1933 90 JAJ Rock Hill 5s 1951 opt '81-J&J 90 Spartanburg 4*8 1935—AAO 6 6.75 4*8 Water 1933-1939—JAJ 6 6.75 4*s Water 1940-1965-JAJ 6 6.75 6 6.75 5e Sept 1 1939 6 6.75 5s Nov 1 1943 to 4.40 to to Marion Co— 4.40 to 6 6.40 6 6.40 to 6.10 4**1933 1934 to 85 to Lancaster 8 D—5a 1941—J&J 6 7% 6s July 1946 JAJ 6 7% to 4.40 to 4.40 to 85 80 4*a Highw 1933 1945-F&A 6 6.50 Greater Greenville Sewer Dist 82 4*8 1967 MAN Kershaw Co— 5a Highway 1933-1946.FAA 6 6.20 to 4.40 to 80 6 6.50 5s Water 1958opt '3S-F&A Greenville Co 4*8 40-*55-J&J 6 6.50 to 5 50 b 5.75 to MAN 6 4.60 481932-1933 5.25 4.10% 100 6 5.50 6 5.50 6 4.60 J&J 6 4.60 1933 & 1935 A&O ScrantonSD4a 1932 A 33AAO 4*s 1933-1956J&J Wash'n Co 4*a '33-*34—M&S 65*% 5.25% 65*% 5.25% 6 5% 4.80% 6 5.50 6 5.50 J&J 6 5.50 —JAJ 6 5.50 J&J 6 5.5 > 4a Oklahoma Olty— 90 to 4 40 to 4.40 4*a '32-'38 taxable.-M&N Reading 5s Impt 1943-49-J&J Schuylkill Co— 4*a 1932-1955 J&J SCTantou 4*s *32-'41 F&A 5a 1932-1950 F&A i 4s 1933-1937 —.MAS 96 to 4.40 McK'p't 8 D 4*8 '32-' Mercer Co 5*8 -32-*47—F&A 6 4.60 Norristown 8D 4*81943-J&J 6 4.60 ID 4'i Philadelphia 4a 1937 JAJ 6 5.50 4a 1933 to 1939 3.90 % 4.40 to 4.40 4s Feb 10 5.75 575 575 to Lancaster S D 4s May 1945 Lo war Mer lonT wp4»-4 * a, 4 4a Jan OKLAHOMA 5*8 July 1946 5% II 98 to 4.70 Lancaster— 6 6 6.25 1933-1950 -. to 3.85 97 b 4.60 6 6 6 5<£ — Erie—4*8 Sch 1933-'39.A&Oj6 4.60 4*a 1932-1933—; F&A 6 4.60 4*s 1934-1960 F&A 6 4.60 Erie S D 4a 1933 1938—FAA 6 4.60 4*s 1932-1937A&0&4-60 4*a Jan 1 1936-1940-— 6 4.60 Fayette Co 4s road 1936-AAO b 4.60 Harrisburg— 4s Pub Imp '33 to '38-M&8 b 4.60 4s May 15 1932-1953—---. 4s 1932-1942— -FAA 6 4.60 leanetto 4*s 1932-1956-M&S 6 4.60 Lackawanna Co 4a 1944-F&A b 4 60 6 6 4*8 Oct 16 1932-33—AA016 6 4% Muskogee 5s Sew 1936—M&S 94 6& 5% 5% —. JAJ 6 4.60 4*s 1935-1940 JAJ 6 4.60 Cheater 8 D 4*s *32-*47-'42-. ;6 4.60 5a Jan 1951 6 A&O 6*8 1934-1940 JAD M&S 4*8 Sewer 1936 FA A 4*8 Water Works 1941.J&J Okla City 8 D 4r 1933—JAJ Okla Co 4*s 1932-1933-JAD Okmulgee 6s Mar 16 1943 to 3.60 t 6 3.60 Cheater 4a'37 op* 17 tax-ex 4*8 May 1948— J&J 4*a Nov 1 1948— J&J 4*f Sept 16 1975—JAJ 4*a I960 4*» Dec 17 1978 J&J 4s July 1939 J&J 4a July 1942 JAJ 6 Youugstown— ♦6s Bdge 1932-41.....A&O •58 Police Bdg & St 1932:. *4*8 1932-1957—. A&O Youngrtown School DIat— •4*8 1944-1947 M&S 6 5.50 •5s 1932-1944 M&S 6 5.50 Zanesvllle—*5s City Hall & Market 1932-1939 MAS Zaneaville S D ♦5s '32-'43AAO 5 5% 4.90 6s Fund 1936-1961—MAN 4*a 1932-1907 J&D 4*8 Funding 1944—MAN 4*8 1932 1967. -J&D 4*a June 1932-1957—JAD 5« 1932-1936 MAN— 5«1937-1942 MAN 5s Funded 1933-1959—A&O 4a Funding 1947 AAO 115 113* 6 3.65 6 3.60 t 6 4 *8 1932-1956 AAO •6s 1932-1960— M&N Warren Co 6s 1932 -34—M&S 6 5s Water 1936—— 4s 4.90 J&D J&D J&D AAO J&D 4» Oct 1 1964 S D 5*8 '35. 40. '45. *60 J&D 6 4.60 ftraddock 4*s '32-'44—M&N 6 4.60 4a 1932 to 1936 M&N 85 Cambria Co 4*s *32-'45 b 4.60 6 Toledo Scb Dirt— *4 * 8 48 May 1962 4a Water 1962 Bethlehem 6 A&O *5a F1 Emerg 4a July 1956— 4s May 2 1957 4« Ref 1936 opt 1916—-JAJ 4s Highway '37 opt '32-J&J Jdtoona S D 4s '33 to '35-AAO to 5.50 Mahoning Val. San. Dtst— 4*s water 1933-52 AAO Marietta—•4*s '32-*33-JAD Martin's Fy *58'32 '44—M&S Miami Oonaervancy Dlac— 5*9 (1 to 5 yr mat'y)— JAD 5*s (5 to 10 yr mat'y).JAD 5*s (after 10 yeara)—JAD Montgomery County— 5s ref 1932-1933— 5s ref 1934-1935 5b July 1 1951 Series O..J&J 4*a Dec 1 1951 opt*36.-JAD 4*s 1934. 1939 1944.1949J&J 4b Highway 1932. 1935. 1937 '40. *42. "45. '47, *50.'52— is Highway 1941, '43. '46. ■ 43. '51. *63 MAS UJegheny—4a 1937 MAN Ali<wbenrCo 4 *« *43 .-M&N 4*s 1933-1937A&O 4*s 1938-1940 A&O 4*8 1941-1962———A&O 4*a 1932-1906 — — A&O 4*» July 1932 1958—-J&J 4*« 1940-1959 -J&J 4a Bridge 1942 -F&A 4a 1933-1958 M&S Utoona—4s *34 opt *14—J&J — 6% 6% 6% 6% 6% 6% 6% Net. Weonsocket 4*8 Fd *41-JAD 6s Fund 1932-1936 MAN •6*8 Hos&Bge 33 '36 FAA Hamilton Co *4*8 1943.FAA 4*8 5% MAN Salem—5s Sewer '32-'33 Fostoria *«e W W '33-'40 MAS Franklin County— 4*8 4s Oct 11954 to PENNSYLVANIA •4* a Oct 1 1939 A&O •4*8 Sewer 1932-'454a C H June'36 op '10,JAD Ironton HHb W W '38—JAD Lakewood — "4*8 '32"39A&Q *4*8 Oct ' 45— A AO •5s Park & Imp "32-'41-A&0 •Lawrence Co 5a 1934..-MAS Lima »5*a 8ewer 1932-1947. •58 Sewer Feb 15 *33-'51 Lorain 5s 1932 J&J Lucas Co 4m O-H 1944—MAS Ask. JAJ A&O J&J MAN 2 MAN JAD 4a Jan 1 1945 6 5 25 Port of Portland 4s 1934—J&.I 5.50 5.50 Elyria 4a 1932 to 1938—.JAD ♦4*s 1932 1952-—-MAS •5s -MAN 1936-1955—-MAN 4s Water 1939-1958—-J&J 4s Water 1940-1959—FAA Pt of Astoria 5a Befg 1955. JAJ Pt of Coos Bay Harbor 5s—— 1932 1933-1937 4 *8 1938-1959 4s Water Jaa 2 1936 -A&O 4s Water m •5s St ImpC 1933-35.-AAO 6 5.20 East Liverpool—4b 1940- J A J 6 5.20 4*a 4*a MAN —MAN 4a Water 1937 6 5.59 MAS 6 5.50 4*s 1941-1961 MAS 6 5.50 Dayton 8 D 6*s *41-'61 MAS •5s Mar 16 'S3-*40-.ll&S16 East Cleveland— 1932-50-M&N 4*a Dock 1943 4*a Oct 1932-47 4*s 1933-1960 •4 *8 1932-1940 To or Bid. Bonds. Net. Providence— 5s Harb Dev *4*8 WW Imp 1940..JAD 6 5.50 1933-39--A&O Ask. Portland— MAN 6 5.50 1944-J&D 6 5.50 •58 W W Imp 1945 F&A 6 5.50 •4Hs Edge 1932-1951.MAS 6 5.50 Bdge Yield Basis To or Bid. Bonds. Net. Dayton—5a 1932 •5*s W W Imp •4*s 99 BONDS Yield Basis Yield Basis iHar I*' "S3-73-M&S15 5s 1933 & 19345s 1935-1942 to 4.35 % 6 5 25 -A&O 6 6% t to 4.75 % o 5.75 5°.50 —A&O Johnston 4*s 1935-1940 M&N N Prov'ce 4s June 15 '47-J&D 5.25 to 4.75 Newport—4*a '33-'39—MAS 6 5.25 to 4.75 6*s June 1 1932-1953 b 4*s May 1932-1942—MAN 4*a Mar 1933-35M&S 4s May 15 1948 M&N 3*b g High Scb 1954-J&D Pawtucket—4*s 1950—-J&J 4*8 Sewer 1952 J&D 4 *8 School 1954 M&N 4« Water 1937 M&N 6 5.25 to 4.75 1 5.20 b~5~25 T.75" b 6 6 6 6 5.25 4.75 1 4% Road 1933-1958—J&J Hamilton County— 4*% Refunding 1957-AAO 5% Bridge 1944 Jackson— 4* % Ref 1933-1948 JAJ Johnson City— 5*s Impt 1932-1946—J&D Knox Co 5s Pike & Bridge May 1 1932-1940 MAN 6 6.10 to 6 5.50 6 5.50 to 5 25 6.25 6% to 5.25 to 60 70 6 5.50 to 5.25 7% tp 6.25 Knoxvllle— 4*8 Impt 1932-39——F&A 4*8 Park 1933-1935—A&O M&S 6s 1933-1937 5s 1938-1951 M&S 3 6% to 6.25 to 6.25 i 5* % Fdg Sept 11950.MAS Madison County— 4* % Highway '32-'49 JAD 6 6.50 to 6.25 to 6.25 to 6% % 100 STATE AND MUNICIPAL Yield Basis To or Bid. Ask. Memphis 6a July 1954—J&J 5s River Term "33-'48>A&0 4Ha Water 1932-1962.-J&J 4Ha Water 1949 J&J 4Ks Park 1959 A&O 5.50 5.50 5.50 5.60 5.50 5.50 5.50 5.50 to 5.25 San Antonlo—6s 'S2-'53-M&8 5 5.75 to 5.25 6HB W W 1932-'35—M&N 5Ks W W 1936-'65 M&N 5s Sept 1932-1953 M&S 5s Sept 1932-1959 5s St Imp DIst No 2 1943— 4Kb 1933-1967 -.J&J 4 Us 1932-1968 F&A San Antonio 8 D 5s *58—F&A Tarrant County— 4Kb Oc* 10 *32-'33—A&O10 4Ke.Oct 10 *34~*59—A&O10 Waco—5s Sewer 1937—-J&J 5s Water-Works 1942—J&J 4Kb Water 1937-1968—J&J Wichita Falls 6s 1950—-M&N 5Ks 1932-1940 -M&N Feb 10 i960-—F&A10 4Us 1932-1955 M&N 4Us 1932-1960 J&D 4Ks 1933-1946 F&A 10 -J&D 4s water 1933 M&N 4s 1932-1954 M&8 Montgomery Oo—5s Cumber¬ land River Bdge 1953-F&A Nashville 6s 1933-1942—A&O 5s March 1933-1960—M&S 5s Memorial Sq '32-'50-—- 4Ks Hospital '33-'56—J&J 4Kb 1935-1968 M&N 4 Ha 1932-1967— -J&J —M&S 4 Ha 1934-1948 4s 1933 Polk Oo 5s 1932-46 Robertson County— Net, to 5.25 to 5.25 to 5.25 to 5.25 to 5.25 to 5.25 5.50 5.50 5.20 5.20 5.20 5.20 5.20 5.20 6.20 6.20 75 J&J 4 Ha High Sch 1940 M&8 J&D 4Kb Road 1948 ——P&A 5 6% Shelby County— 5.30 4s Courthouse 1957—A&O 5.30 5s Aud Mkt H'se '49-M&S 4H% Jail 1940-1951—M&S 5.30 Smith County— 5U« Fdg 1935-1958 J&J Tipton County— 4Ha Road July 2 *32-'58J& J Washington County— 5% Fdg June 1 1954 J&J to 5.15 5.15 6.50 6.50 6% to 5.75 % 85 89 5.75 5.25% 5.75 5.25% 5.75 5.25% 5.75 5.25% 4Hs 1933-1953 J&J 4 1954-1958 J&J 5.75 5.25% Beaumont 5s '52 op '82—A&O 6 7.25 6.50% 5s Water Works 1954-M&S 6 7.25 6.50% 5s 1933-1939 A&O 6 7.25 6.50% 5s 1940-1965 A&O 6 7.25 6.50% 4Kb 1932 J&J 6 7.25 6.50% 4Kb 1933-1935 J&J 6 7.25 6.50% 4«s 1936-1970 J&J 67.25 6.50% 4s 1942 opt 1922 J&D 6 7.25 6.50% 5Hs Inapt Apr 10 1956-1965 6 7.50 65 85 65 76 76 65 6 5.60 95 95 85 85 85 85 85 6 5.75 6 5.75 6 5.75 6 5.75 6 5.75 1941——J&J 6 5.75 to 4.60 5 4.50 to 4.60 5 4.50 to 4.60 4s 1946-1950 ———M&N Spokane— 4Hb Park 1962 J&J 4Us Bridge 1932-30—J&J Tacoma—5s 1932-33 J&D 4Us Water '39-'43(s-a)_J&J b 4.75 6 4.75 to to 5% 5 4.75 to 5% 5 4.60 5 4.60 to 4.80 to 4.80 5% 4USE1L&P *42-'46(o-a)-J&J 5 4.60 5 4.60 5 4.60 to 4U$E1L&P '34-*61(s-a)A&0 4.60 WEST 4.80 5.25% 5.25% 5.25% 5.25% 5.25% 4Kb Ref Aug 1942 6 4.60 to 4.80 6 4.60 1932-1934—J&J 5s Highway 1935-1946 J&J 4Kb July 1946-1948-J&J 4 Ha 1945-1954 —J&J 4Us 1932-1934 J&J 4 Us 1935-1943 -J&J to 4.80 6 4.60 to 4.80 90 80 98 98 98 5.25 5Ks Road 1932-'54-A&010 Oo 4s *47 op *17 A&O 70 Harris 93 4Ks Apr 10 '32-T56-A&O10 4 Us Road Apr 10 '32-'60-. Houston—5s Sewl939—M&N 5s Ref Oct 16 '41op'31-A&0 5s Mun Imp *33-'36 F&A 4Ub Sept 1932-1952—M&N 4Ks Oct 26 '38 op '28-A&0 is 1932-1957 J&J is Imp 1934-35 (s-a).J&J is Impt 1936-39 (s-a).J&J 93 93 6 5.75 6 5.75 6 5.75 6 5.75 6 5.75 6 5.75 5.25% 5.25% 5.25% 5.25% 5.25% 5.25% 5.75 5.25% 5.75 5.25% 6 5.75 6 5.75 Houston 8 D 5s Feb 19521—1 6 5.40 4 Us 1937-1951 —J&D 6 5.40 Palestine 5s Sch Aug 1 1934, 6K 5.25% 5.25% 5.25% 6% Port Arthur— 70 82 to 6 4.40 to 4.35 6 4.40 to 4.35 4.35 4.40 3 Us 1951 & 1952 3 Ha 1943-1952 Charleston 4Kb '41 opt '27 J&J Charleston S. D. 5s '32-*34J&J to to to J&J .J&J J&J J&J to 5.10 A&O to 5 .10 5s 1935-1953— 80 A&O % to 4.50 to 4.50 Lee County 5s 1933-41—-J&J hynchbg4Ks Pub Imp'39J&J 4Kb Pub Impt 1946 4Kb Water 1951 ft 4Ha Feb 1953 F&A 4s Street Nov 11941— M&N Norfolk—6s Oct 11950—A&O 5 Kb School Oct 1 '51—A&O 5i Municipal 1949 F&A - 5% 6% 6% 6% 6% 6% to 5 to 5 to 5 to 5 to F&A 4Kb Munfc Impt '42-M&8 4Kb Renew Apr 1 "41-A&O 4Kb Imp July 1940—-J&J is Impt March 1936—M&S Petersburg 4Kb 1952—A&O Portsmouth—5Ks 1951—F&A 4Kb Imp Oct 1 1942—A&O 4Kb Sch & Sew 1938—J&J 4KB 1932-1954 J&J 5s Water 1948 J&D Richmond—4Kb 1949 J&J 4Kb 1958 J&J 4Ha July 11964 J&J 4Us July 1 1941 J&J 4Us July 1 1985 J&J 4s 1933 to 1943 J&J 4s 1941 J&J 4s Elec Light 1942 J&J 4s 1943 J&J Roanoke 4Kb Ref 1936 J&J 4Kb Street Impt May 1940 4Kb Pub Bldg 1941—M&N 4Kb Pub Bldg 1944—M&N 4Kb Apr 1952— A&O 4s Street Impt 1936——J&J — i 5% Newport News 4K> '4S.J&D 5 4.7! to 6 6 5% to HI I 5 to 4j to 4.50 4.50 to 4.50 to 4.50 to 4.50 6 4.55 6 4.55 to 4.45 6 4.55 6 4.55 to 6 4.55 6 4.55 to 4.45 6 4 55 6 4.55 to 4.45 4.45 to 4.45 to 4.45 to 4.45 to 4.45 6 4.55 6 4.75 to 6 4.75 6 4.75 to 4.45 to 4.60 to 6 4.75 6 4.75 to 6 4.75 to to 4.95 to 4.95 to 4.95 to 4.95 WISCONSIN Appleton 4Kb 1932 F&A Chippewa Oo 4Kb '32-'34--Dane Oo 4U* 1934. M&N Eau Claire 4Kb W W '33-'44 Fond dn Lac 4Kb *33-'35-Mar Green Ray 4Kh 1933 J&J 4 Us1 1932-1947 6s W W 1932-1935—M&N 6s W W 1938-1980—M&N La Crosse 4Ks '32 op '22-F&A Madison—4Kb 1932— J&D 4Kb 1933-1937 J&D .4Kb 1938-1949 J&D 5 to ft to 4.95 % ft J&J to 4.95 to 4.95 Parkersburg— 4Kb June 1 1933 J&D Wheeling 5s W W '32-'52-J&J 4s Ref 1932 to 1936—July J&J 4s Ref Oct 1934 J&J 4s Pub Impt 1939-1959- J&J Municipal 1969 to 4.95 to 4.95 ^24 4.75 4.75 to 4.50 5.10 to Mercer Co 5a '44 op A&Olfi Morgantown 5s 1932-48—J&J 99U 99 H 5% to 4.50 5% to 4.50 5% to 4.50 5% to 4.75 5 H to 5% 5H to 5% F&A to 5.10 Clarksbg S D 5s '41 op '21M&S Hancock County—5s Grant Road DIst '46 opt '32-M&N Huntington 5s 1944— Oct 5s Ind Sch D '33-*34—J&J Martlnsburg 5s '43 op '29 Dool 81 4.60 4.60 100 4Kb 1932-1939 J&J 4Kb Park 1932-1935—J&J 4Kb 1932-1945——..J&J 4s 1932-1936 J&J 4s 1937-1944 J&J Milwaukee County— 4 Us Ot H'se *32-'34 M&N16 4Us Ot H'se'35-'50 M&N16 4Ks Sew Mar 12 '36-*45— 4 Us court h'se '32-'35J&D16 4 Us court h'se '36-'49J&D16 Oshkosh 4K's 1932-34 F&A Racine—4 Us '32*-57 M&N 6s 1932-1941 F&A Racine Co 6s 1932-1940—J&J 4K» 1934-1947 Superior 4Us Sch '32-'44-J&J Wausau 4Kb 1933 A&O Wood Co—5s 1934 A&O 5s 1937 and 1938 -A&O WYOMING 4s Road 1951 opt 1941 Natrona Oo S D No 2— 5s 1932-1944 A&O 6 4,90 Sheridan 6s Mar 151952-M&S FOR REAL ESTATE BONDS USUALLY GIVEN HERE SEE PAGE 111. 99 Marshfleld 4Kb 1932 —J&J Milwaukee—5s '32-*40 J&J" 5s July 1932-1940J&J to 4.60 4.60 4.60 7o 4.30 4.30 4.30 to 4.30 to 4.30 to 5.10 to 5.10 „ 4.40 b 4 .40 J&J 4s 1939-1950 4s July 1948-1952 Henrico Oo Sch 5s *33-'50 J&J 4Kb June 11957 J&D 5s 85 VIRGINIA to 4.80 5s Highway 4Kb July 1 1939-1950-J&J Fairfax Oo 4Us 1945 ..F&A2 94 to 5.25 J&J 4s Water 1944-46 4.80 to 4.80 to Danville— 94 94 80 6 Seattle School DIst No. 1— 5 4.50 iHa ctf Indebt 1933-37—J&J Albemarle Co 5s 1943 J&J Alexandria 6s 1932-1956.A&0 Arlington Oo 5 Us '33 - 54-F&A Bristol 5 Us Sch *34-'53 Charlottesville 5s 1962—M&S 5s Water Impt 1953 J&J 94 90 90 6 to 4.60 to 4.60 je"Rlddleberger" 1932-—J&J 3s Funded debt 1991 J&J 4Us ctfs Indebt 1932 J&J 100 94 90 90 6 to 4.60 5 4.50 5 4.50 5s 1935-1952 5.40 100 80 F&A 92 Clarksburg 5s '32-'34 5.40% 5.40% 5.40% 6 5 60 5.40% 6 5.60 5.40% 6 5.60 5.40% 4Hs Grad,&c/49 op'29A&0 1933-1970 - 6.50% 5 4.50 Bridge 1933-1938 M&N Bridge 1939-1949 M&N 1932-1934 M&N _s 1935-1950 M&N Pierce Co 5s Sept 1 '32-37Se Port of Seattle 5s '83-'55 M<! 4Kb Jan 1933-1955 J&J Seattle—6s 1933-41 A&O 5 Kb L & P 1933-43 M&N 5s Light & Pow 1942-56A&O 4H Lt & Pr 1939-'58 M&N 4Kb Light ext 1933 J&J 4K» 1932A&O 4Hs 1933-1940 A&O 4Kb 1941-1955 —A&O 4 Us 1933-1935 A&O 4 Us 1936-1957-A&O s s VIRGINIA 6 5.60 6 5.60 6 5.60 Galveston County— to Bd Apr 10 *51op'31 A&O Grimes Oo. 5Ks April 1 1941 J&J 5s Capitol Bldg 1934 J&J 4Kb Capitol Bldg 1934-A&0 4Ks Road 1939 J&J 4Kb July 1 1939 J&J 4s Capitol Bldg 1934 J&J Ogden 4H% 1932-1945— 4Kb Refunding 1932—J&D 4Kb Ref Wat 1933—M&N Salt LakeOlty— 5s Refunding 1941 J&J 4Kb May 1 1934 M&N 4Kb refunding 1934—M&N 4s Ref 1933-1935 A&O 4s Ref 1936-1945 A&O 4s Ref 1946-1965 A&O Salt Lake City S D— 4Kb Aug 1 1933—F&A 4s May 1 1949 M&N Salt Lake Co 4Us 1941 4.50 5s Road 1935 —.F&A 4 Us Bridge 1932 M&N 6.50% & to J&D 5Ub Water 1934-193S.M&S King Co—5s Ct H 1933—May 5.50% 5.50% 5.50% 5.50% 5.50% 6.50% 6 .50% 6.50% 6.50% 18 to 4.60 to 4.50 III Everett— 5s June 1936 76 76 65 Galveston—5s 1932-1935-J&J 5s Grade Rata 1944 A&O 5s School 1932-1954—M&S 5s 1933-1956 A&O 4Kb Grad. &c. '48op'28 J&J 5s 5 5.75 5 5.75 3Us 1932-48 J&D 4Kb Oct 1 1932-1949 A&O Mlddlebury 4s *41op'21.M&N Rutland 4Us 1946-48 J&J 7% 75 -M&S *39,'44, '49. '54. 59, *64— 5 5.75 to 4.60 —- Cameron „ 5.25% 5.25% 5.25% 5.25% 5.25% 5 5.75 Ask. 6 4.75 6 4.75 M&S J&J Washington no sch'34-,39 J&J WASHINGTON 6s Gen Fund 1932-1940—J&J Clarke Co 5s '35 opt '25-Jan 1 VERMONT. Brazoria Co— js Im^1940-55 (s-a).J&J 5 5.75 UNITED STATES—Bee pages to 6% 75 ^ 5.25% * 6% 75 4Ha '33-'58-M&815 Austin 5s 1932-1942 J&J 5s SchBlg&Hos '52op'32J&J 4Hb 1933-1961 -J&J Refunding 5 5.75 UTAH. Abilene 5s Feb 15'59-'65—— 4s 5 5.75 Bid. Staunton 6s 1932-53 5s 1957 Taiewell Oo 5s 1933-46 5.25% 5.25% 5.25% 5 5.75 or Bonds. Net. to 5.50 to Amarlllo .... Ask. to 5.15 to TEXAS. 5s Road Mar 151933-1957— Cleburne 5s WW'52op'32 J&J Corpus Christ! 5s fd r67_F&A 6s Water 1932-1959—-F&A Dallas 5s 1932-1960 M&N 4Hs 1932 M&N 4 |81933-1970 M&N s July 11932-1949—J&J 4 M&N 4,_ s 1932-'45 4 Us 1946-'65— M&N 4s School 1932-1951 J&J Dallas Co4HBSeptl0'51 Apr 10 5s Vlad't & Bridge Feb 10 1954 opt 1924 Apr 10 El Paso 5s W W Purch'50 A&O 5s Fund 1951 opt '31—M&S 5s School 1955 opt '35-.J&J 5s Impt Aug 1 1948—.F&A 4 Ha 1933-1960 A&O Pert Worth 5s 1951 A&O 5s 1932-1934 J&D 5a 1935-1959 J&D 4Hs 1936-1971 F&A 4 Us 1936-1964 ...F&A Bid. Bonds. to 5.50 % 6% White County— 5K% Highway 1955—M&S County-— 4K§ 1934-1942 Yield Basis To or Bonds. 4HL1932-1955 BONDS Yield Basis 4.75 % 6 6.50 6% 97 99 % Banks & Trust Companies STATE AND NATIONAL BANK STATEMENTS Quotations In this department ainear as are given per share, not per cent, exoapt for stocks of possible for the closing day of the month preceding date of issue, though often are Canadian Institutions, nominal. An asterisk sales. and are (•) denotes Flgares of deposits, capital and profits for the national banks are from the Comptroller's last call; for all othe: Insti¬ the latest obtainable, direet returns being procured by us where no periodic statements are required. For the Clearing House banks of New York, Philadelphia and Boston, deposits are taken from the latest weekly statement. tutions they are National hanks Dec. 31. Par. Deposits. Bid. Dec. 31. Cross Surplus & Profits. Capital. Ask. State Institutions CALIFORNIA Deposits. Par. Bid. Nomi nal. Birmingham— BIrming'm Tr & Sav. $ 1.332,653 200,000 53,386 100,000 104,782 First National Bank5.000,000 5.058,632 Southern Bk & Tr Co d 500,000 i 57,039 $ 1.00*0,000 100.000 26,917 100 share. 100 350,186 Woodlawn-American Bank... Per 17,130,346 638,011 1,290,432 45,940,692 901,680 Ensley(The) Nat Bk Industrial Sav Bank. National Dec. 31. Cross Surplus & Profits. Capital. national Banks Dec. 31. State Institutions ALABAMA 100 190 225 100 25 50 65 125 1,000,000 1.000,000 600,000 1,767,436 1,319,123 115.800 500,000 1.000,000 200,000 130,637 15,771,778 12,015,145 1,016,950 $ $ $ 3.000,000 5,052,902 69,843,809 2,000,000 540,000 8,290,337 Security-First NatBk 30,000,000 23,052,834 479,012,864 Union Bank & Trust. 5,000,000 2,377,853 27,435,576 Wilshire Nat Bank.. 200.000 29,853 618,330 135 100 20 Per share. 225 100 300 39 100 56 61H "25 62 325 100 Oakland— Central Sav Bank Central Nat Bank First National Bank. Farmers & Mer Sav. Mobile— First National Bank. Merchants' Nat Bk_ Amer Nat Bk&Tr Co Loa Angeles (Concl.) Farmers & Mer. Nat- Seaboard Nat Bank- 100 Ask. Nomi nal. 1,200,000 1,200,000 1,000,000 300,000 2,925,287 2,838,800 205,503 195,192 39,281,709 26,061,347 3,890,959 6,618,262 300,000 500,000 1,000,000 100,000 300,000 305,595 205,523 1,117,292 9,202 256.598 3,524,676 5,668,614 10,729,857 1,343,067 2.573,688 2,000,000 500,000 450,000 50,000 200,000 582,647 556,072 838,531 109,668 103,763 18,255,515 15,770,717 20,644,460 1,286,075 3,633,738 100 2250" 100 2175 150,000 100,000 150,000 102,717 276,286 436,656 2,136,581 1,512,629 2.544,412 100 1,000,000 500,000 600,000 lOO.OOd 1.055,524 798,352 340,444 65,502 24,226,712 11,134,024 4,783,441 1,505,436 100 100 350 325 100 100 100 Pasadena— Montgomery— Alabama Nat Bank. First National BankUnion Bank & Tr Co 2,024,102 12,270,600 1,254,439 887,639 82,250 100 100 11 11 10 10 120 15 15 Citizens Coml Tr & S First National Bank. First Trust & Sav Bk Pasadena Nat Bank. Security Nat Bank.. Selma— City National Bank. People's Bk & Tr Go. 400,000 100,000 i 200,000 100.000 Selma National Bank Selma Tr & Sav Bank 229,101 76,695 225,075 143,649 2,179,943 661,961 1,095,981 1,441,522 1196 California Nat Bank. 100 1300 Capital Nat Bank 100 1300 California Tr & S'Bk . State Institutions ARIZONA American Nat Bank. San Bernardino N Bk San Bern Co Sav Bk Dec. 31. Nomi nal. Bisbee— Per 200,000 250,000 121,004 266,734 2,472,722 3,085,653 share, 100 100 San DiegoFlrst Nat T & S Bk. San Diego Tr & S Bk Security Tr & Sav Bk United States Nat Bk Phoenix— 250,000 300,000 500,000 250,000 1.050,000 VaUey Bank & Tr Co 81,698 361,702 573,358 328,749 604,749 3,847,118 4,285,053 4,737,870 3,849,573 10,268,470 100 400,000 First Nat Bk of Ariz. Phoenix Nat Bank.. Phoenix Say Bk <& Tr 99,479 454,883 354,295 20,292 7,745,240 100 25 25 25 National Bank 10,000,000 Bank of Calif, N A._ 8,500,000 8.408,152 113,718,870 9,260,010 93,212,829 Bank of Canton Ltd. 300,000 30.464 "",288 Bank of Amer Nat Tr & Savs Assoc 50,000,000 54,290,312 749,796,772 Bank of Montreal 1,000,000 201,626 3,066,264 Canadian Bk of Com 1,300,000 504,001 2300 a 100 100 25 25 100 c 13 H 80 15 85 90 110 100 100 112 114 100 150 152 74£j, 250,000 n 250,000 100,000 i 4,595,976 4,882,258 1,007,592 City National Bank- 625,000 67,050 Crocker First Nat Bk The San Fran Bank. 6,000,000 1,000,000 1,000,000 4,289,496 5,050,000 455,278 Pacific Nat Bank Banks State ARKANSAS Dec. 31. American Trust Co Nomi nal. Per 200,000 First National Bank Merchants Nat Bank 2,649,656 6,936,539 6,528,495 100,000 600,000 350,000 500,000 200,000 52,494 147,055 216,299 361,343 401,078 836,177 7,006,346 3,271,066 8,264,867 3.560,989 25 71,013 590,045 1,200,757 5,476,021 share. 500,000 Peoples Trust Go Union Trust Co W B Worthen Co • 75 25 80 25 15 18 100 120 200 125 100 40,865,997 600,000 500,000 906,067 72,054 7,652.662 2,164,477 200,000 150,000 750,000 53,385 219,014 373.580 1,185.664 25 2,979,913 9,126,931 200,000 1,000,000 594,812 1,140,119 2,780,464 9,466,137 100 61,000 1,899,570 100 Farm & Mer Sav Bk. First National Bank. 25 100 375 First National Bank. Stockton S & L Bank Union Safe Dep Bk & 375,000 i I CALIFORNIA State Institutions Dec. 31. CANADA Nomi nal. Long Beach- Los AngelesBank of America California Bank California Trust Oo. Cltlzens Nat Trust & Bank— 300,000 1,000,000 100,000 225.000 Per 131,686 634,191 160,146 195,731 3,843,332 11,316,620 * 100 100 2,350,727 100 a 2,282,236 4,880,527 772,619 5.000,000 10,902,182 49,423,958 90,459,789 "25 20 Sale price. Owned by the California National Bank. Owned by the San Diego First National Co. d Closed Jan. 21 1932. 63 53 e Trust deposits. 1 ""58"" 100 96,762,414 See Sept. 29 1931, 2 Last sale price, 55H n June 30 1931. x Ex-dividend. \ {Page 111) 6 Last sale in 1929. c 4,000,000 5,000,000 1,000,000 ( share. 20 none 277" 300 100 Santa Ana— Commercial Nat Bk. Trust National Banks Dec. 31. 200 60 25 100 20 25 /300 Stockton100,000 200.000 Simmons Nat Bank. Farm & March Tr Co 100 1,948,436 250 Pine Bluff— OottonBeltBk&TrCo 185 100 1,500,000 First National BankSan Jose Nat Bank.. 25 100 100 240 San Jose- 100 25 Little Rock— Twin City Bank.... Bankers Trust Co Crocker First Federal Trust Co 100 500.000 70,522 727,773 560,077 9,000,000 8.236.426 150,547,422 1,225,000 320,643 8,553,540 10,000,000 12,571,172 220,205,171 Anglo-Calif Trust Co 1,500,000 3,140,351 76,251,325 Yokohama Specie Bk 31. 26 100 13,647,406 100 1,607,434 67,228,652 loo 147,010,611 1000 7,215,842 100 Wells Fargo Bank & Union Trust Co. Institutions Dec. Port Smith- City National Bank Savings Z100 100 San Francisco— Anglo&London-Parls 20 Tucson— Consolidated Nat Bk Phoenix S B & Tr Co Sou Arizona Bk Ac Tr United Bk & Tr Co.. National 100 SanBernardino— National Banks Dec. 31. The1 Arizona Bank... 25 100 100 Sacramento— 100 100 Citizens Bk of Sacra Merchants Nat Bank Bank of Bisbee Miners & March Bk. 100 100 325 National Banks State Institutions COLORADO Dec. 31. Capital. Surplus & Profits. COMPANIES TRUST AND BANKS 102 Dec. 31. Cross Surplus Gross Bid. Par. Deposits. Profits. Capital. Ask. Bid. Par. Deposits. Nomi nal. Per Colorado Spgs.— 50,000 100,000 300.000 300,000 150,000 - c Exchange Nat Bank. First National Bank. Colo Title & Tr Co.. 204,822 143,179 304,459 396,187 78,178 share. 2,071,138 1,664,672 5,567,996 6,305,612 1,580,677 100 100 Washington— ...... 100 Departmental Bank. 100 District Nat Bank. Federal Amer Nat'l _ lor Per $ ■ Columbia Nat BankCommercial Nat Bk_ Bank of Oomm & Sav *5 % Ool orado Sa v BankColorado Spgs Nat B 1,000,000 100,000 106,040 1.000.000 Bank & Trust Co. Denver— American Nat Bank- 500,000 480,519 Central Sav Bk & Tr 500,000 1,000.000 50,000 1,500,000 1,500,000 200.000 250,000 550,000 120,000 500,000 109,988 1,601,654 115,000 1,289,343 Guardlan Trust Co.. International Tr Co. 2,358,130 31,993 125,923 1,913,389 91,260 1,761,785 6,107,461 3,014,770 36,415,995 Mt Vernon Sav Bank 65 225,000 500,000 400.000 150,000 400,000 Wash- 1,050,000 85 Liberty Nat Bank— 40 60 100 200 250 Lincoln Nat Bank McLachlen Bkg Corp 623,000 24,031,552 "loo 38,630,307 100 604,039 100 1,434,582 100 18,189,646 100 654,456 100 11,554,364 tor 125 155" Nat 250 300 Nat Capital Bank Nat Metropol Bank Bank of 25 40 Riggs National Bank Second Nat Bank.. Secur Sav & Com Bk 200,000 800,000 3,000,000 750,000 300.000 300 400 Wash'ton Sav Bank. 100.000 Amer Secur & Tr Co. 3,400.000 1,000,000 2,000,000 2,000,000 50 75; "200"" 225" Nat'l Sav & Tr Co.. Leadville— 100,000 Carbonate Amer N B Pueblo— First National Bank. 500,000 30,000 100,000 100,000 Minnequa Bank Western Nat Bank- Pueblo Sav & Tr Co. 25,099 1,063,724 Munsey Trust Co lot Union Trust Co 1,035,588 14,253,212 139,137 105,211 1,893,453 1,840,432 4,686,656 U S Savings Bank Wash Loan & Tr Co. 100 1,284,395 2,000,000 100 100 623,639 675,210 209,295 38,630 602,966 250,000 Franklin Nat Bank- Colorado Nat Bank. Colorado State Bank Denver Nat Bank First National BankSouth B'way Nat Bk Stock Yards Nat Bk. U S National Bank.. Ask. Nomi nal. . 150,562 330,000 788,228 229,096 150.000 100,000 541,311 347,519 10,639 4,158,897 2,968.355 1,536,534 1,187,592 249,807 1,000,000 2,550,064 share. 425 200 325 10 10 "196" 210 42 H 100 16,514,116 4.608,186 3,033,148 1,143,598 274,504 1,578,554 3,991,937 375 183 100 100 4,534,885 13,867,973 1,756,857 1,276,054 7,824,049 45 100 195" 210" 100 100 6.436,041 2,056.999 400 440 180 220 100 3,732,794 9,366,433 1,574,621 17,267.697 54,054,230 6,231,595 5,924,501 100 100 604,056 30,552,707 13,949,047 4,338.267 8,693,617 2,483.894 16.409.944 10 175 275 250 310 350 100 100 100 100 100 360 195 165 435 100 "299" 100 500 315" 375 400 100 100 191" 200" 530 630 100 400 440 100 100 267,472 100 100 Institutions Stats National Banks FLORIDA Dec. 31. Dec. 31. Nomi nal. National Banks CONNECTICUT Dec. 31. State Institutions Dec. 31. Nomi nal. Per Bridgeport— First Nat Bk & Tr Co 1,000,000 Black Rock Bk & Tr. 125,000 1,750,000 300,000 300,000 200,000 100,000 300,000 Bridgep't City Tr Co Amer Bank & Tr Co. Comm'l Bk & Tr Co. Fairfield Trust Co_. North End Bk & Tr. West Side Bank 1,721,293 54,169 1,961,573 229,824 90,274 217,303 121,992 351,592 17,177,757 1,128,960 22,290,076 6,207,307 3,078,818 1,147,144 1,484,609 3,489,353 20 100 25 100 share ...... 90 125 ..... 100 ______ 100 100 100 150 ...... 25 75 150 100 ...... 100 Jacksonville— d3,000,000 Atlantic Nat Bank Barnett N B of Jack. 1,500,000 100,000 Citizens Bank Per 25,932,114 14,881,258 109 759,805 100 14,764,237 25 100,000 64,099 1,099,954 25 100.000 1,200,000 100.000 50,000 524,703 164.647 14,830,215 100 400,000 107,289 1,752,847 300,000 145,003 2,681,090 10U 200,000 100.000 206,859 64,-317 1,979,544 1,864,884 100 800,000 200,000 237,768 156,543 3,452,384 2,654,984 100 25,000 100,000 103,215 87,877 560,229 1.655,629 100 Florida Nat Bank— 01.500,000 Lakeland— Florida Nat Bank... share. 10 611,979 1,136,865 27,272 938,212 0 Miami— Bk of Miami & Tr C< First National Bank. First Tr & Sav Bank. Florida Nat Bk & Tr 0 Miami Beach t 100 245,740 First National Bank Hartford— 437,648 1,181,449 1,382,147 132,287 5,202,520 265,021 2,921,725 6,419,759 11,975,415 1,565,788 37,192,785 200 100 First National Bank. 600,000 150,000 1,150,000 Glastonbury Bk & Tr 100,000 Hartford Nat Bk & T 4,000,000 Industrial Bank Phoenix St Bk & Tr. 100,000 1,600,000 o 250,000 2,510,878 23,927",074 100 382,716 3,000,000 200,000 4,061,379 256,827 25 90 100 800 250,000 261,691 138,551 67,224 862,936 248,270 3,883,601 27,404,543 3,670,950 2,508,220 1,727,099 ion "25 75 450,507 50 9,581,018 1,983,382 1,302,555 100 100 Capitol Nat Bk & Tr Conn River Bkg Co. Bankers Trust Co Hartford-Conn Tr Co Park Street Tr Co Riverside Trust Co. _ 125,000 100,000 500,000 200,000 100,000 Slmsbury Bk & Tr Co So End Bk & Tr Co. Travelers Bk & Tr Co West Hartford Tr Co Windsor Trust Co 130,323 30 500 ioc 100 First Nat Bk & Tr Co 145 60 115 26 10 Orlando— 100 Florida Bank g Pensacola— American Nat Bank. 225 Cit & People's Nat Bk St. Augustine— People's Bk for Sav. St Augustine Nat Bk h . • 75 200" 25 St. Petersburg— Florida Nat Bank First National BankFirst Sav & Tr Co... 220 200,000 500,000 200,000 100,000 100,000 Home National Bank Meriden Nat Bank. Meriden Tr & S D Co Puritan Bk & Tr Co. 438,717 481,164 «145,484 77,509 244,396 1,416,335 5,452,493 1,760.321 5,651 100 100 150 1,776,438 100 225 100,000 First National Bank 488,266 1,660,508 1,598,394 2,102,946 18,776,490 17,896,853 8,062,580 8,541,685 3,986,944 9,092,041 12,504,763 100 100 25 '' 40 100 50 100 100 r 200,000 108,984 2,034,277 25 1,250,000 1,500,000 500,000 677,473 1,030,149 U247.556 10,512,198 12,503,033 1,506,707 100 100 39,610 2,554,937 100 0 Tampa— Exchange Nat Bank. Meriden— 100 ion West Palm Beach West Palm Beach At¬ lantic Nat Bank. d 100.000 New Haven— Amer Bank & Tr Co. First Nat Bk & Tr Co 61.260,000 300,000 500,000 Mechanics' Bank Merchants Nat Bank New Haven Bk N B A Nat Tradesin Bk & T Second Nat Bank Un & N Haven Tr Co 1,600,000 500,000 750,000 1.458,700 622,658 2,242,179 363,559 1,543,128 1,965,344 300 350 180 200 300 "£5 45 180 110 230 250 240 260 300,000 200,000 300,000 150,000 WInthrop Trust Co.. Dec. 31. 130 100 100 Dec. 31. 100 Nomi nal. 623,219 5,134,252 First Nat Bank Fulton Nat Bank 100 153,981 336,166 97,947 2,881,297 1,345,773 1,190,842 .100 Ga Sav Bk&TrCo.. Trust Co of Georgia. 100 Per Atlanta— American Sav Bank. Cltiz & So Nat Bank. National Bank Union Bk & Tr Co GEORGIA 200 New London— Nat Bk of Commerce New London City Institutions State National Banks 335 55 100 250,000 56,210.819 share. 100 135,712 200,000 5,000.000 r3,333,156 5,400,000 6,643,520 611,456 1,000,000 566.217 500.000 2,000,000 3,005,819 73,919,215 14,344,974 3,257,226 11,463,832 675,727 1,000,000 5,000,000 r3,333,156 177,405 400,000 7,098,406 56,210,819 2,879,623 863,838 139,423 71,530 314,046 220,089 6,042,875 100 140 150 1,625,001 1,013,189 1,833.167 1,338,217 100 100 100 90 110 75 85 150 180 100 75 85 5.000,000 r3,333,156 263,390 500,000 104,558 50,000 56,210,819 7,099,622 533,366 HO 10 13 14 5,000,000 r3,333,156 142,061 600,000 238,865 700,000 91,158 300,000 56,210,819 4,556,018 2,006,006 908,516 no 10 13 14 28 25 169 100 100 « Augusta— 100 Georgia RR Bk & Tr Cltiz & So Nat Bank. Nat Exchange Bank. e 100 HO 14 13 90 100 Norwich— Thames Bk & Tr Uncas-Merch Nat Bk 1,100,000 200,000 432,081 136,511 3,850,594 1,252,405 100 Columbus— Columbus Bk & Tr__ 100 850,000 300,000 100,000 200,000 200,000 Fourth Nat Bank Home Savings Bank. Merch & Mech Bank Stamford— First-Stamford Nat'l Bank & Trust Co. 1,000,000 People's National Bk Fidelity Title&Tr Co 150,000 200,000 700,000 Stamford Trust Co.. 1,351,813 5121,065 1,409,661 1,770,023 8,512,645 2,462,788 4,940,207 8,067,745 100 200 100 125 250 150 100 100 "225" 250" First NatBk of Ool__ Macon— Cltiz & So Nat BankFirst Nat Bk & Tr Co o Macon Savings Bank Water bury— Cltiz & Mfrs' Nat Bk 600,000 Water bury Nat Bank Colonial Trust Co 500,000 Water bury Trust Co 1.000,000 300.000 879,336 604,427 3,110,000 603,290 10,214,278 4,635,918 6,874,680 3,106,218 200 100 50 70 80 100 350 400 100 200 100 Savannah— Cltiz & So Nat Bank. Liberty Nat Bk & Tr 3 Savannah Bk & Tr__ Citizens Bk & Tr Co. * 10 14 13 10 10 12 100 100 100 100 Sale price. t Branch of Savannah. a National Banks DELAWARE Dec. 31. 6 First National Bank & Trust Co. absorbed the East Trust Co. on March 1 1932, and assumed the payment of other indebtedness. State Institutions Dec. 31. c Farmers' Bank Industrial Trust Co. Union Nat Bank Delaware Trust Co.. Equitable Trust Co. Security Trust Co Wilmington Tr Co.. 210.000 500,000 2,000,000 203,175 1,000,000 1,500,000 341,357 2,770,779 360,767 908,950 625,474 3,045,796 1,121,000 1,688,532 4,000,000 10,547,727 1.650.966 27,965,683 2,132,179 3.532.967 7,826,384 9,466,862 9,663,851 23,517,410 The City National Haven Bank & all deposits and Bank of Colorado Springs wos acquired on Feb. 16 1932 by the Colorado Springs National Bank. d Member of the Atlantic Group in Florida. e Affiliate of the First National Bank of Atlanta, Ga. Wilmington— Central Nat Bank- Affiliate of the Hartford National Co. 100 0 50 Member of the Florida National Group. . h Affiliated with the Barnett National Bank 1 Last sale. 50 25 r 100 25 90 100 300 50 225 Combined statement, s of Jacksonville, Fla. June 30 1931. t Trust funds. x Sept. 29 1931. Ex-dividend. V Ex-rights. u , A. ; • ; ; National Banks TRUST AND BANKS National Banks Dec. 31. IDAHO Dec. 31. Ask. Bid. Par. Deposits. Stats Institutions Dec. 31. ILLINOIS Gross Surplus & Profits. Capital. 103 COMPANIES Gross Surplus & Profits. Capital. Deposits. Bid. Par. Nomi nal. Boise City— Boise City Nat Bank « 375,000 300,000 150.000 First Nat of Idaho.. First Security Bank. $ s Per 8 108,215 324,487 289,444 Elgin— share. S Elgin Nat'l Bank First Nat'l Bank.... 100 3,160,823 7,446,830 4,276,411 100 25 Ask. Nomi nal. 100,000 300,000 100,000 300,000 Union Nat'l Bank Elgin City Bkg Co.. $ 124,542 198,021 159,039 311,622 , S . share. Per 981,857 2,181,996 1,241,214 2,627,930 inn inn 100 100 ... J oliet— First National Bank. 1,040,000 418.420 10.863.966 200,000 600,000 2.000,000 660,000 73,183 700,435 2,065,609 1,157,528 1.306,187 6,447,035 19,141,546 ion 8,937,678 20 300,000 300,000 500,000 200,000 271,359 67,294 162,793 139,699 2,665,387 2,749,375 3,154,386 3,193,055 200,000 300,000 125,000 500.000 113,873 937,651 2,821,002 2,218,364 4,194,183 20 National Banks ILLINOIS Dec. 31. Peoria— Institutions State Dec. 31. _ Nomi nal. Aurora— Aurora Nat Bank... Per 300.000 200,000 200.000 300,000 200,000 First Natl Bk in Auro Merchants Nat Bank Old Second Nat Bank 128,964 235,922 249,192 182,505 240,459 150,000 100,000 300,000 200,000 150,000 250,000 B'way Tr & Sav Bk_ 277,128 o28,770 0388,265 *,179,612 _ ------ nn 20 share Quincy— 100 1,007,957 3,737,670 1,738,144 1,725,121 Bank of Peoria. Cent Nat Bk & Tr Co Com Mer Nat Bk & T First National Bank. 100 100 Hlinois State Bank.. State St Bk&Tr Co. State Savs Ln & TrCo 100 Mercantile Tr & S Bk 100 100 mum mm mm 100 50 100 Rockford— BellevilleBelleville Bk & Tr Oo Belleville Nat Bank. Belleville Sav Bank. First National Bank. St Clair Nat Bank.. Fidelity Trust Co.— 398,451 186,455 1,440,669 343,491 3,389,492 3,488,923 1,468,041 250 Commercial Nat Bk. Forest City Nat Bk. Swedish-Am Nat Bk. 100 450 Third Nat'l Bank... 100 200 100 100 100 98,890 190,107 219,801 312,846 62,587 514,166 122,331 858,605 1,011,106 1,192,686 3,608,619 {/l 00 lot 100 too Chicago200,000 200,000 200,000 500,000 100,000 500,000 300,000 100 100 Springfield— 100 First National Bank. Illinois Nat Bank Adams State Bank., o Aetna State Bank... 377.149 380,227 455,897 125 135 if J[ 100 10,726,939 2,514,860 100 115 100 90 82 84 50 14 110 100 118>2 119 X 4,404,308 1,495,519 1,227,621 ' 582,454 4,065,718 13,909,325 100 100 1,251,085 10C 100 100 120 Cosmopolitan St Bk. 01,000,000 Cottage Grove St Bk 200,000 100 15 100 216.043 300,481 512,530 280,050 110 100 Ridgely-Farm's S Bk Springfield MarineBk First State Tr & S Bk 5,324,782 4,195,329 5,647,238 6,890,979 4,197.890 110 130 Central Mfg DIst Bk 600,000 687,287 7,065,954 Central Republic Bank & Trust Co. 14,000,000 <*12023 590 160,198,332 Chic Bank of Comm. 1,500,000 <* 816,924 7,528,720 Citiz State Bk of Chic 750,000 760,183 4,302,197 Oont 111 Bk & Tr Co. 75.000,000 <*70660 334 662,254,649 309.254 500,000 300,000 600,000 500,000 500,000 Alliance Nat Bank.. Austin State Bank.. Beverly State Sat Bk Boulevard Bridge Bk Bowmanville Nat Bk Division State Bank. Douglass Nat Bank. Drexel State Bank.. Drovers Nat Bank.. First Englew St Bk— 300,000 250,000 500,000 1,000,000 0 200,000 697,132 153,814 370,130 5,862 394,946 <*780,201 231,362 614,820 First National Bk... 25,000,000 <*27773 401 411,141.716 First Union T & S Bk 10.000,000 <*5,719,044 186,497,411 First Nat Englewood 200,000 <*758,003 5,252,853 Halsted St State Bk. 200,000 449,245 1,810,137 Hamilton State Bk.. Hyde-Park-Ken wood Nat'l Bank IO Bank & Tr Co Jackson Park Nat Bk Jefferson Park Nat.. Kaspar Amer St Bk. Lawndale Nat Bank. Lawndale State Bk._ Logan Sq St & Sav Bk Mad Sq State Bank. Metrop State Bank.. Midland Nat Bank.. Mutual Nat Bk of Ch Nat Bk of Woodlawn Nat'l Builders Bank. North Ave 8tate Bk. Oak Park Tr&Sav Bk Peoples Nat Bk & Tr Personal Ln & Sav Bk Phillip State Bk & Tr Pioneer Tr & Sav Bk Prudential St Sav Bk Reliance Bk & Tr Co Ravenswood Nat Bk Rogers Pk Nat Bank Sears-Com State Bk. Second Security Bk. Security Bank...... Skala State Bank... So Chicago Sav Bk South Shore State Bk State Bk of Clearing. State Bk of W Pullm Stock Yards Nat Bk. Stk Yds Tr & SaV Bk Straus N B & Tr Co. Terminal Nat Bank. Union St Bk of S Chic Universal State Bk.. Univ St Bk of Chic.. Upper Avenue Bank. Uptown State Bank. West Irving State Bk West 31st State Bk.. Western State Bank. Amalg Tr & Sav Bk. Banco di Napoli Tr. Bway Tr & Sav Bank ObatUeldTr & Sav Bk Chic City Bk & Tr... Congress Tr & S Bk. Oommonw T & S Bk. Devon Tr & Sav Bk. Drovers Tr & Sav Bk East Side Tr & S Bk. Harris Tr & Sav Bk. Home Bank & Tr Co Howard AveT&SBk Lake Shore Tr & S Bk Lake view Tr & S Bk. Liberty Tr & Sav Bk 200,000 42,264 356,708 800.00C 461,591 300.00( 112,465 200,000 56,384 300,000 197,692 1,600,000 <*1,004,353 350,000 285,833 500,000 202,407 200,000 129,619 200,000 200,000 235,000 250,000 115,701 300,000 266,347 4,198,936 1,090,621 1,091,405 1,959,338 5,565,99. 4,577,418 1,868,757 1,061,390 1,096,000 861,221 723,604 2,932,268 ...... 300,000 500.000 600,000 1,000,000 1,000,000 2,000,000 500,000 750,000 200,000 750,000 200,000 100,000 126,511 193,940 270,466 725,762 380,684 1,185,263 238,390 732,208 150,076 802,058 39,454 *92,894 2,359,947 4,719,010 3,372,628 5,190,442 6.916.6S3 6,861,870 2,673,171 4,167,533 1,079,325 4,414,059 977,066 1,024,072 200,000 350,000 700,000 200,000 800,000 200,000 100.000 200,000 2.000,000 337,500 1,000,000 750,000 21,637 353,253 524,701 51,616 665,000 122,604 90,134 48,929 <*563,582 <*643,120 <*700,000 339,871 1,944,614 3,924,475 5,276,847 687,174 3,653,085 775,781 915,422 481,131 250,000 200,000 300,000 300,000 500,000 200,000 100,000 350,000 *191,893 200,000 300,000 200,000 200,000 1,600,000 500,000 200,000 200,000 350,000 291,931 264,046 100,226 117,944 51,439 36,637 322,873 151,277 100,569 50,466 38,287 2,007,356 67,795 124,108 119,787 <*825,377 200,000 162,419 6.000,000 <*7,625,580 750,000 a271,700 200,000 20,630 600,000 437,704 500,000 1,396,465 1,000.000 77,587 13,336,300 7,000,590 11,382,303 5,271,014 2,363 ,531 1,080,597 1,639,771 2,860,730 2,816,885 485,906 380,599 1,377,864 2,281,785 1,064,071 720,077 100 101 National Banks too 100 120 105 125 195 Savings Bank Mid-City Tr & S Bk. Northern Trust Co.. Peoples* Tr & Sav Bk Pullman Tr & Sav Bk Unit Am Tr & Sav Bk W Side Tr & Sav Bk. Woodlawn Tr & S Bk 1,000,000 600,000 500,000, 604,508 450,312 691,933 1,000,000 640,381 3,000,000 <*8,061,884 2,500,000 <*1,550,713 500,000 337,770 750,000 *322,010 1,000.000 469,398 600.000 372,858 697,191 178,598 459,820 368,021 500,000 100,000 500,000 500,000 9,235,518 1,094,727 8,110,889 8,972,904 100 lot 10( 100 250 260 28 30 1,104,003 1,985,747 639,035 200,000 1,254,643 10,589,953 23,435,396 3,047,752 1,300,000 4,813,905 200,000 607,329 4,460,275 100 Fletcher-Am Nat Bk 3,600,000 Fountain Sq State Bk Indiana Nat Bank.. 1,725,483 109,067 2,808,090 135,102 35,000 37,019,578 707,142 36,207,245 100 2,000,000 100 115 People's Tr & Sav Co GaryGary State Bank iot 2 15>i 17 100 10 30 "35" 100 10e "90 loo" 100 100 115 125" *200"" 220" 100 101 90 85 100 95 Live Stock Exch Bk. Marion Co State Bk. Merchants' Nat Bk__ People's State Bank. Aetna Tr & Sav Co— Bankers Trust Co Fidelity Trust Co Fletcher Trust Co.. Indiana Trust Co Security Trust Co 90 165" 20 100 Union Trust Co United Labor Bk&Tr 105"" 116" 100 25 100 100 100 20 40 "25" 20 22 20 28 120 25 *350 loo"" U5~ 31 34 iso" 175" 100 100,000 200.000 50,000 1,250,000 200,000 250,000 500,000 100,000 1,500,000 1,000,000 200,000 600,000 112,500 2,250,344 383.362 57,485 592,285 185,428 1,627,717 1,552,685 563,500 2,505,257 22,500 100 100 571.524 100 665,669 13,952,168 2,083,301 1,490,696 1,624,579 1,464,044 26,996,227 10,407,991 3,463,661 10,765,859 332,850 100 100 105 130 215" 245"" 95 "275" 100 100 100 100 90 100 197* 100 100 100 100 200 220 200 500 South Bend— loo ion 100 20 20 Indianapolis— Citizens Nat BankCitizens Tr & Sav Bk First Bank & Tr Co. Merchants Nat Bank St Jos L'n & Tr Co.. 700,000 800,000 351,191 4,823,036 4.110,129 3,860,421 1,151,674 3,653,121 500,000 600,000 500,000 614,244 505,347 806,437 5,700,126 6,705,719 5,884,474 500,000 600,000 250,000 318,962 241,600 143,015 53.248 100 100 100 100 100 Terre Haute— First McKeen Nat'l Bank & Trust Terre Haute N B & T Terre Haute Trust. _ 100 230 100 230 10C 235 240 250 100 20 100 20 15 >2 "17 110 9 ion loo 90 100 100 110 125 National Banks 120 100 100 110 100 125 150 "95" 155" 10'i 100 Nomi nal. Per Farmers & Merch S B First Iowa State Ced Rap SB&Tr Co. 100 People's Sav Bank.. 225" 255* 500,831 100 85,900,074 6,236,073 321,186 6,848,980 6,415,701 6,043,051 100 100 100 100 100 Amer Tr & Sav Bk— 300" 80 90 300 350 90 100 110 145 120 295 85 300 95 * 5,500,000 1,133.602 100 600,000 467.355 6.364,114 100 200,000 200,000 500,000 187,946 63,275 1,057,178 92,546 216,890 2.822,329 1,826,722 19,720,406 100 100,000 200,000 Sept. 24 1930. 2,040,321 2,033,489 Sale price. a 295" 685,000 052,279 ' <* March 30 1932. g Affiliate of the National Republic Bancorporation. i June 30 1930. k New stock. 100 100 135 100 100 100 I Last sale. o Sept. 29 1931. s June 30 1931. 100 * Trust 8.956,420 100 4,20^,953 100 100 Rapids— Iowa State Sav Bk_. Merchants' Nat Bk. 105 300,000 50,000 Tr & Sav Bank— 100 90 Institutions Dec. 31. Burlington— Amer S Bk & Tr Co. Cedar 100 State IOWA Dec. 31. 10 100 100 100 100 7,400,971 88,157,828 22,600,541 3,452,812 3,860,551 240 1,750,000 500,000 300,000 300,000 375" 558,588 6,362,187 225 1,250,000 350 9,045,979 2,456,257 827,156 893,227 5,747,900 9,020,221 4,099,000 325 100 Fort WayneOld First Nat Bk &Tr Citizens' Trust Co._ Dime Trust & Sav Co 10< share• 100 1300 100 Lincoln Nat Bk & Tr 100 100 Madison-Kedzie Tr& Mercantile Tr & Sav. Merchandise Bk & Tr Per Old Nat'l Bank 135 192 Dec. 31. - Nomi nal. _ Citizens Tr & Sav Bk National City Bank- 100 • Evan8ville— Citizens' Nat Bank. 100 State Institutions INDIANA Dec. 31, 10C 10c deposits. x Ex-dividend. y Ex-rights. --v "• '/••' 100 100 100 100 share. AND BANKS 104 National Banks Surplus & Profits. Capital. COMPANIES •State Institutions National Banks Dec, 31. IOWA Dec. 31. TRUST Dec. 31. Par. Bid. Capital. Ask. Institutions Dec. 31. Gross Surplus & Profits. Cross Deposits. State LOUISIANA Bid. Par, Deposits. Noml nal Ooun Bluffs Sav Bk. Flrst National Bank. State Savings Bank. Per % $ 120,000 150,000 300,000 150.000 Council Bluff®— City National Bank. share. New Orleans- 1.000,000 631,958 11,159,621 100 6.075,000 3.136.332 53,277,381 15 202,500 American Bank & Tr 100 100 1.569,345 3,065,675 3,195,039 3,212,208 95,306 205,929 84,164 210,501 64,645 1,212,489 5,626,565 3,707,627 1.784,259 14,939,050 72,433,535 49,527,526 5.626.565 72,433,535 25 568,754 592,427 736,791 183,668 13,480,157 5,958,395 15,624.887 5,106.170 100 Canal Bank & Trust 100 Oo Continental Bank & 100 Trust Oo 750,000 Int-State Tr & B Oo. Davenport— a65,544 141,142 1,308,953 1.374,788 1454,370 24.798,550 100 Whitney Nat Bank.. r2.800,000 2,500,000 Hibernia Bk & Tr Oo 100 Whitney Savings 1,000,010 150,000 250,000 271,679 7,156,516 2,531,514 9,998,554 100 h2,000,000 1,161,207 50,000 Home 8avings Bank. American Trust Oo. i Union Sav Bk&TrOo 100.000 1,600,000 Trust & Bank— rl ,000,000 Shreveport— 1,000,000 First National Bank. 500,000 Oity Sav Bk & Tr Oo 1,000,000 Commercial Nat Bk. 700,000 Cont'l-Am B & Tr Oo Dea Moines— Bankers Trust Oo... Oap Oity State Bank Central Nt Bk & Tr Oo Iowa-Des Moines Nat 111,035 309,393 100,000 50,000 500,000 150,000 University State Bk. Valley Nat Bank Valley Sav Bank a83,716 2,117 227,604 261,370 116,918 347,040 48,722 270,844 172,586 215,670 249,085 317,319 172,137 3,002,192 5,559,351 6,863,004 5,663,950 2,594,143 First National Bank. Amer Tr & Sav Bank Iowa Trust & Sjav Bk 25 "l66 100 100 100 1 10 National Banks State MAINE Dec. 31. Institutions Dec. 31. Nomi nal. 100 100 100 &200.000 Toy Nat Bank Security Nat Bank.. Woodbury Oo Sav Bk 200.000 250,000 100,000 100 100 h. — 100 100 100 State Institutions Dec. 31. KANSAS 300,000 400,000 100,000 Trust Oo Bangor— Merchants' Nat Bk. Eastern Tr & Bkg Oo Merrill Trust Oo Portland— Oanal National Bank First National BankPortland Nat Bank- 10 Fidelity Trust Go... Oasco-Mercantlle Tr National Banks Dec. 31. Per Augusta— First Nat Granite Bk Augusta Trust Oo— State Live Stock Nat Bank 100,000 175,000 255.719 939,896 1,035,556 600,000 600.000 425,000 1.000,000 770,000 551,232 500,302 National Banks Exchange Nat Bank. First National Ban 57,731 M90.000 162,696 150,000 150,000 250,000 . 300 450 375 100 110 100 105 50 150 100 130 50 120 110 165 150 5,456.316 100 7,493,973 20,606,944 100 4,877.703 7,962,191 10,673,154 30,212,657 19,252,763 100 State MARYLAND . 302,496 138,740 78,082 175,611 750,000 200,000 200,000 100,000 s. Institutions Per People's Nat Bank.. . Riverview State Bk. 134,328 150,000 150.000 50,000 1c «231,087 20,800 1,058,520 3.952,021 1,148.906 5,584,663 2,710,937 100 993,078 101,550 429,868 102,694 424,132 7,367,317 1,868,819 4,107,284 2,145,460 3,417,398 100 20 Mercantile Bank... 170 125 First National Bank- 4.000,000 Nat Oent Bk of Bait. 400.000 100 230 250 Nat Marine Bank— 600,000 700.000 itio 2,669,707 2,792,520 880,000 100 Baltimore Trust Oo. Colonial Trust Oo... rnmmtrnmmmm Equitable Trust Oo. Fidelity Trust Oo... Maryland Trust Oo. Mercantile Tr Oo— 100 Topeka— Central Nat Bank.. 500,000 d . 400,000 d k 200,000 50,000 k k 50,000 200,000 500,000 100,000 50,000 a State Savings Bank. 174,394 207,761 61,799 71,705 15,933 154,969 554,613 52,480 68,002 6,757,625 1,326,410 1,264,280 1,070,681 458,671 4,147,924 11,273,085 1,511,003 1,182,854 100 Real Estate Tr Oo_. "loo Safe Dep & Trust Oo 100 Title Guar & Tr Oo.. 100 100 Union Trust Oo 100 100 100 .. 1,000,000 1,000,000 . . k 100,000 200,000 200,000 100.000 k t National Banks Dec. 31. 1,094,416 612,158 31,747 60,150 66,106 29,618 17,742,151 11,873,509 1.763.297 1,433,884 1.408.298 545,323 Peoples Bank 100 100 100 Flrst Nat Bank 200 250 100 Farm & Mech N Bk. 100 Frederick Oo Nat Bk 100,000 200,000 125,000 150,000 100 Fr'k Town Sav Inst. 150,000 Citizens' Nat Bank.. Oomm'l Bank of Md Per share. 84,966 415,518 554,517 406,445 345,048 1,405,977 3,017,944 5,588,250 4,700,477 2,150,243 100 300,000 305,935 2,468,093 100 200,000 1,000.000 206,251 1,078,746 289,279 ul30,096 270,599 1,450,615 11,225,837 2,320,121 2,181,754 2,939,595 25 10 20 50 125 150 Peop-Lib Bk & Tr Oo OovingtonTr&BkgOo 100 100 100 100 Dep & Tr— 2,000.000 Columbia Trust Co.. 100,000 Exchange Trust Oo.. Day Trust Oo__ 1,500.000 2,500,000 385,679 3.798.051 251,159 1,005.037 278,094 500.000 200.000 500.000 500,000 140,575 102,611 269,953 784,119 1,000,000 Old Oolony Trust Oo e5.000.000 State Street Tr Oo__ 3,000.000 U S Trust Oo 2,500,000 100.000 Winthrop Trust Oo__ Beverly300,000 Beverly Nat Bank.. 3,016.786 5.256,393 3,744.377 2,789,992 166,369 9,614,000 cl ,354,302 16,957,401 c2.422.641 cll.4S9.882 4,751,230 2,065,862 c4,230,298 2,531,098 8,007.207 26.089,227 5,570,760 c58,375,736 cl6.888.431 2,768,442 411,508 67,540 3,791,834 cl,461,836 1,000,000 614.730 750,000 Banc Oom Ital Tr Oo Bank _ 125 175 & Trust Oo First Nat Bk & Tr Oo Second Nat Bank 150.000 Union Bank & Tr Oo 150,000 500,000 Security Trust Oo 100 28.5 300 100 290 300 100 400 450 Boston S Harris Forbes Tr Oo. Jamaica Plain Trust. o KidderPeabodyTrOo Lee HIgglnson Tr Oo New Eng Trust Oo__ Louisville— Co. 1,000,000 United States Tr Oo. 525,000 60,000 d2,085,365 1,794,840 1,536,640 2,162,962 154,668 1,441,793 501,983 78,576 600,000 384,084 100,000 100,000 100,000 10 216,633 426;187 283,171 200,000 Bank of Commerce.* Citizens' Union NB. /1,000,000 Fidelity & Colum Tr. First National/Bank- 2,000,000 1,000,000 Liberty Bk & Tr Oo. 1,000,000 300,000 Security Bank KentuckyTitle Tr Oo g1,000,000 Lincoln Bank & Tr.. 750,000 100,000 Stock Yards Bank 34,688,507 10UL / 4,769,219 100/ 23,502,426 100 10 17,413,585 1,880,694 100 100 a 3,164,911 8,122,717 100 854,342 100 175' 10 6,694,335 1,300,629 100 400 300 54 Newport Nat Bank. _ Central Sav Bk & Tr 15 10 30 240 55 30 10 18 20 30 3 50 25 40 100 35 25 150 23 10 300 50 100 85 110 100 590 605 90 100 440 100 25 50 65 100 250 300 50 100 110 25 15 100 Per share. 14 15 36 270 46 26 37 "49"" 27 83 87 80 100 100 t280 100 165 100 25 30 100 100 100 100 100 100 100 100 100 t c 100 25 t240~ 10 26 > "V .i'-tr 100 200 100 200 * 265" Sale price. • t Stock has to be offered to board of directors. a 1,282,897 3,318,010 1,514,284 100.000 Beverly Trust Oo NewportAmerican Nat Bank- 25 175 75 25 100 1932 Boston— Deposits of Nat. Banks date Mar.30 10 81,821,000 Atlantic Nat Bank.. 9,875.000 6.210,971 20 First National Bank- o44500000 33,419,184 460.451,000 100 6,351,468 48,625,000 Merchants' Nat Bk. 3,000,000 20 18,961,000 Nat Rock Bk of Bos 1,500,000 3,903.149 25 Nat Shawmut Bank. 20.000,000 11,806,722 137.820,000 25 44.944.000 Second Nat Bank 2.000,000 d4,175,468 Web & Atlas N Bk_. Lexington— Bank of Commerce. 65 miiSZ!z?n** MASSACHUSETTS 60,000 200.000 500,000 650,000 200,000 First Nat Bk & Tr Oo 125 50 Nomi nal. Covington— Citizens' Nat Bank.. 631,419 761,876 659,314 851,159 4,432.971 417,851 2,430,217 170 100 Dec. 31. Nomi nal. Cent Sav Bk & Tr Oo Liberty Trust Oo— Frederick— State Institutions KENTUCKY 128,601 242,843 124,049 6,285,279 Cumberland— Second Nat Bank First National E 450,923 468,678 750,000 6,250,000 400,000 1.250.000 1,000,000 d2,277,189 2,500,000 2,720,000 1,500,000 4,104,325 209,477 600,000 2,000,000 3.894,706 1,044,209 600,000 Commercial Sav Bk. Wichita— Fourth Nat Bank... 35 83,499 442,632 107,107 395,328 604,257 120 160 115 Park Bank k 400 6.599,683 115 100 Leavenworth— 10 50,000 200,000 100,000 500,000 500,000 200,000 100,000 100 Western Nat Bank.. share. 100 100 50 2,500.000 1,000,000 300,000 200,000 100 9,410,329 2,020,017 2,207,569 1,919,202 100 Dec. 31. 10,026,368 6,590,779 2,947,271 5,314,409 2,916,581 69,325.811 4,701,243 3,987,966 4,683,371 6,452,861 60,930,286 1,579,203 18,019,044 16,581,966 31,901,546 18,371,329 1,413,081 14,029,176 5,608,470 57,750,149 .Oommonw'lth Bank. 1 550 100 Nomi nal. Baltimore— Bait Oomm'l Bank.. Calvert Bank.. Canton Nat Bank— 935,730 100 1,350,000 2,591,254 '165 Kansas City— Louisville Trust 932,539 1,679,715 867,112 share. 5,767,554 15,969.511 3,649,948 Nomi nal. Per share. Hutchinson— Citizens 355,598 1,076,279 310,656 1.000,000 Dec. 31. American Nat Ban_. 60 35 30>* 100 Sioux City— First National Bank 11 10Q *160 55 25 Dubuque— Oonsol Nat Bank 160 10H 100 h 5,848,867 5.083,596 896,245 1,854,808 400,000 Home Savings Bank. 100 26,994,707 1,553,167 363,882 4,099,813 3,235,048 500,000 200,000 50,000 300,000 Bk & Tr 100 Ask. Nomi nal. Per share. June 30 ' 1931. 100 6 Affiliate of American Com. too c 100 & Sav. Bank, Includes savings deposits. d March 31 1932 e Affiliate of First National Bank of Boston. / Citizens Union Fidelity unified certificates. National Banks Dec. 31. LOUISIANA g State Institutions Affiliated with the First National Bank of h Member Northwest Dec. 31. Louisville. Bancorporation. i Trust funds. Nomi nal. 5,190,539 6,294,592 100 share. 1250 100 300 3,394,310 "25 Per Baton Rouge Bank of Baton Rouge Louisiana Nat Bank Louisiana Tr & S Bk. Union Bank & Tr Oo 250,000 300,000 100,000 150,000 494,570 r539,653 1 XicLStj sale r •> 281,127 ~'• o The First National Bank of Boston has acquired the Jamaica Trust Co. of Jamaica Plain (Boston), subject to the approval of the holders, Consolidated statement. t Opened u for business on Jan. 30 1932. Sept. 29 1931. Plain stock¬ BANKS AND TRUST National Banks Dec. 31. Capital. Surplus & Profits. Bid. Par, Ask. State Institutions MINNESOTA Gross Deposits. 105 COMPANIES Capital. Dec. 31. Gross Surplus & Profits. Nomi nal. Brockton— Per $ 5 Brockton Nat Bank. Home Nat Bank share. $ Per 100 Bank of Comm & Sav 100 City National Bank 491,040 c6,070,303 2,609,192 cl2.l05.495 1,613,514 cl7,171,946 100 10 700 10 11 20 90 95 Duluth Nat Bank First & Amer Nat Bk 565,719 4,752,611 1,979,925 26,620.053 150,000 1,500,000 1,000,000 Central Trust Co Harvard Trust Co... 100 600,000 1,000,000 100,000 150,000 172,794 3,629,116 545,381 33,936 34,132 7.635,369 100 850,616 East Cambridge Lechmere Nat Bank- 100 673,088 100 228,172 1,894,057 of Duluth Northern Nat BankPioneer Nat Bank 232,986 1,034,760 179,000 5,365,365 c7,944,712 02,999,249 100 100 100 400,000 1,200,000 300.000 100 100 i Minnesota Nat Bank Western Nat Bank- 100.000 share. 100 <3,000.000 55,821 531,598 87,642 2.208,273 200,000 600,000 200.000 . Cambridge— Cambridge Trust Co Ask. Nomi nal. Duluth— 7,142,359 7,117,429 598,995 685,803 600,000 500.000 Bid. Par Deposits. Minneapolis— Fall River- Blooming'n-Lake NB b Fall River Nat Bank Durfee Trust Co Fall River Trust 100 110 165 100 100 180 110 Fitchburg— Marquette Nat Bank Safety Fund Nat Bk. Gloucester— Cape Ann Nat BankGloucester Nat Bank Glouces S D Tr Co.. 829,095 500.000 277,740 100,000 239,335 150,000 100,000 200,000 a 100 5,892,306 3,092.092 1,650,000 Midland NatBk & Tr Minnehaha Nat Bk. Northwest'n Nat Bk Produce State Bank. 100 10 C4,436,214 275 20 50,000 Third N'west'n N Bk < 4th Northwest Nat'l- < 1210 100,000 200.000 200,000 240,000 256,240 117,298 871,709 275,616 2,652,265 2,384,609 2,803,436 1,365,588 10., 100 100 252H 100 xl20 400,000 100,000 750,000 Merrimack Nat Bank 200,000 <1,000,000 100.000 <5,000,000 6 100,000 6 2d Northwest State. < HaverhillEssex National Bank First National Bank. Haverhill Nat Bank. 200,000 Central Nat Bank 100,000 Fifth No'west'n N B. 100,000 First National Bank- 66,000,000 First Minneap Tr Co 61,000,000 238,615 217,946 700,284 7,775,106 100 100 175 2,497,062 13,867,740 200,000 100,000 200,000 Minn Loan & Tr Co. <1.000.000 Marquette Trust Co. h 1,871,867 1,503,865 <—- 71,125 72,311 22,073 5,703,536 817,343 89,526,697 22,147,905 1,839,092 14,431,264 1,491,558 92,610,691 1,193,684 1,066,674 1,061,925 70,000 523.624 28,895 2,259,291 36,655 44,419 39,354 165,312 70,000 1,859,465 < 6— &— 100 <— WA 50 5— 15 <.— 1,151,941 2,859,513 <— 2,453,766 h— 18,918,066 <... Rochester— First National BankUnion Nat Bank... 200,000 50,000 4,462,987 plOO 1,412,892 100 200,998 67,127 Holyoke— Holyoke Nat Bank.. Park National Bank. Hadley Falls Tr Co.. Lawrence— Bay State Nat BankMerchants' Trust Co 600,000 300,000 309,252 461,166 7,514,521 7,101,638 100 300.000 251,308 1,967,925 100 738,059 219,869 10,691,743 c3,689,340 358.878 480,069 281,764 580,333 644.879 900,846 4,498,074 3,452,840 4,145,165 2,619,999 3,154,185 6,562,622 500,000 1,500,000 500.000 630,444 1,756,324 374.162 200.000 136,336 200,000 250,000 323,683 564,922 100 Twin Cities Nat Bk. First Trust Co Lowell— Appleton Nat. Bank. Union Old Lowell National Bank Lowell Trust Co z 1,000,000 240.000 v 191 60 50 1200 100,000 1,000,000 National Banks Natlonal City Bank. Essex Trust Co. Lynn 8 Dep & Tr Co Security Trust Co 100 130 Institutions State Dec. 31. 190 100 130 100 390 20 Nomi nal. 190 100 80 Per Jackson 300,000 100,000 100.000 300,000 750.000 7,539,290 100 170 6,885,344 5,249,151 20 23 25 38 2,172,276 100 100 3,846,669 c5.312.585 175 25 40 50 Depos Gu Bk & TrOo Jackson-State NBk. Merch Bank & Tr Co MeridianCitizens Nat Bank- Peabody— First National Bank. Mer & Farmers Bank 2,150,045 932,466 1,416,288 25 171,208 130.723 60,112 2,301,554 2,742,192 1,723,434 543,682 381,618 4,926,085 4,160,837 share. 100 500.000 300,000 Citizens Sav Bk & Tr 304,984 44,084 53,699 184,192 983,840 150,000 400,000 100,000 Capital Nat Bank New Bedford— Warren Nat Bank... 100 p— MISSISSIPPI Dec. 31. 200 100 783,937 pl.552.321 20,000 288,365 70 Lynn— Central Nat Bank Manufac'rs Nat Bk_ First National Bank. Merchants' Nat Bk_ Safe Deposit Nat Bk 100 £00 100 1000 17,564,441 3,665,012 670,697 428,691 5,236,626 101,695.889 100 78,293 2,113,927 5,486,320 212,386 153,291 4,257,849 <--- 100 200,000 200,000 300,000 250,000 100,000 200,000 St. Paul- American Nat Bank. 500.000 Commercial State Bk 50,000 First National Bank. 6,000,000 First State Bank V 100,000 EmpireNatBk&TrCo < 350.000 Stock Yards Nat Bk. < 350,000 100 100 100 4,328.151 5,533,093 100 125 100 Salem— Merchants Nat Bank - Naumkeag Trust Co Springfield— Springfield Nat Bk. 1,000,000 2,010,188 1,500,000 3,052,764 28,346 350,000 1,000,000 ol.625.000 1,906,329 1.000,000 88,312 150,000 Third N Bk & Tr Co West Mass Bk & Tr. Springfield S D & Tr. Union Trust Co West Springfield Tr. Merch NatBk&Tr Co 29,526,606 3,092,891 9,758,323 13,056,400 1,861,194 287,631 349,750 Vicksburg— First Nat & Tr Co 10 1,312,903 c4,431,003 16,007,667 250 280 100 25 25 25 250 225 30 10 100 20 100 National Banks "95" 90 State Institutions MISSOURI Dec. 31. Dec. 31. 110 Norn inal. Taunton— Per Kansas City— Machinists' Nat Bk_ Bristol County Tr 200,000 300.000 100 Baltimore Bank 100 Broadway Bank City Bank & Tr Co— Worcester— Columbia Nat Bank. Mechanics' Nat Bk.. 500,000 Worcester Co Nat Bk el.888,150 WorcesterBk&Tr Co 3,800,000 Bkandla Bk & Tr Co 200,000 696,512 1,718,653 4,428,438 114,150 12,839,766 27,008,543 28,902,433 1,738,578 300 100 Community State Bk Drovers' Nat Bank- l 30 20 31" 10 East Side Bk of Com Fidelity Nat Bk & Tr Fidelity Savs Tr Co. First National Bank. Inter-State Nat Bank LInwood State BankMain St State Bank. Merchants Bank National Banks MICHIGAN Dec. 31. Missouri Sav Bk & State Institutions Tr Park National Bank Dec. 31. 100,000 100,000 300,000 500,000 100,000 600,000 200,000 4,000,000 500,000 2.000.000 500,000 100,000 100,000 200,000 100,000 50,000 Produce Exch Bank. Nomi nal. Per Bay City— Bay City Bank z 400.000 299,786 share. Traders' Gate Nat'l Bank 400,000 Bank Stock Yards Nat Bk. People's Commercial & Savings Bank- 500,000 1.064,954 Westport Ave Bank- ion 7,763,079 West Side Bk of Cora Union Av Bk of Cora Detroit— Commerce Trust Oo. Oom'wealth-Oom'l State Bank 1,000,000 1,281,786 Detroit Savings Bank 2,623,990 1,500,000 First Wayne Nat Bk 25,000,000 32,465,481 Guard Nat BkofCom 5,000,000 6,500,000 Highland Pk StateBk Norw'st'n State Bank United Savings Bank Bankers Trust Co Equitable Trust Co . Detroit Trust Co Highland Park Trust Un Guardian Tr Co. 1.000,000 25,000 1,000,000 1,000,000 1,000,000 /3,000,000 s 500,000 s5,000,000 2,268.980 55,000 1,032,508 869,488 591,613 5,013,604 332,486 3,251,947 100,000 100,000 300,000 100,000 100,000 100,000 6,000,000 Mercantile Trust Co. "25 A "27" / 11 H s UH 100 23,823,599 300,000 200,000 Pioneer Trust 267,500 Home Trust Co 100 13,099,724 38,878,411 1,092,500 12,610,191 "20 -L 394,741 100 2.779.597 35,046,992 f 1.313.598 s Co— St. JosephAmerican Nat Bank. Burues Nat Bank First National BankFirst Trust Co St Jos Stock Yds Bk. Tootle-Lacy Nat Bk_ — Empire Trust Co 9 75 75 Missouri Vail Tr Co. 90 240 65 100 290 150 100 165 85 110 120 65 75 325 350 285 200 100 125 120 150 190 210 500 150"" 125 110 120 200 225 160 200,000 200,000 500,000 100,000 350,000 200,000 200,000 100.000 7,706,877 100 140 759,153 581,359 100 80 100 134,388 40,490 11,393 265,161 153,943 3,123,365 1,295,780 43,806 109,678 3,032,782 217,802 132,802 201,392 838.623 812,943 85,217,945 3,393,840 2,079,984 4,102,198 306,342 168,405 428,950 126,733 2/195,285 220,824 122,138 101,016 7,244,260 3,233,664 4,793,363 2,690,681 3,255,148 5,314,515 1,899,917 1,023,485 100 93 75 "225" 100 100 150 677,479 812,117 1,077,298 1,081,007 5,751,481 8,348,839 11,292,740 J 15,406,314 160 175 180 210 100 120 130 100 100 110 *375"" 100" 100 100 100 100 100 175 200 200 1190 *— 100 100 200 250 100 20 6,414,612 18,184,825 15,665,434 25,850,730 991,616 1,751,077 1,495,505 20 750,000 500,000 1.200,000 438,063 646,688 1,106,191 2,166,872 830,494 513,996 565,310 1,250,000 500,000 1,143,590 431,895 12,482,516 4,227,452 100 Tr Co........— si .250.000 1,974,738 12,193,051 s... 500,000 400,000 1,000,000 Un Ind Tr & Savs Bk s2,000,000 First Nat Bk & Tr Co Genessee Co Savs Bk Grand * 20 s" UH "II Grand Rapids Tr Co. Michigan Trust Co.. s s... 20 People's Am State Bk Second Nat Bank & 3 5 "40" ~60"~ 30 price. 30 20 Includes savings deposits. e Affiliated with the Worcester Bank & Trust 35 , Co. /Member of the Detroit Bankers Co., Detroit, Mich. g Trust deposits. V •: h See Marquette National Bank. i Member of Northwest 30 v .. 35 50 Saginaw— Bank of Saginaw—_ Reopened for business on March 23 1932. b First National Group. C Rapids— Sec Bk. 850,000 Grand Rap Nat Bank si ,000,000 Grand Rap Sav Bank si .000,000 Old Kent Bank 2,000,000 Amer Home Union Bank of Mich. Sale a ... Bancorporation. /Last sale. March 31 1932, o p Member of the First Bank Stock Corp. s Member of the Guardian Detroit Union Group, Inc., Detroit. v Sept. 29 1931. Ex-dividend. X y z March 25 1931. reorganization. In process of : 250 200 100 Flint— Clt Com & Savs Bk_ share. 90 City Southeast State Bk„ Sterling 10(1 5,160,113 200,000 100,000 Plaza Bank of Comm 100 948,681 767,542 100 9,311,346 100 3,337,997 100 100 599,557 5,387,252 100 1.264,846 100 42,331,084 1100 6,613,612 54,121,116 100 5,919,406 100 100 885.622 1,256,358 100 2,110,305 100 3,680,705 100 100 869,877 995,505 100 2,184,656 100 38,548 69,875 830,579 51,031 33,534 352,169 239,821 1,236,236 537,455 3.469.329 1,012,693 47,196 66,274 136,536 200,000 10,194 35,242 110,595 , . BANKS 106 National Banks Dec. 31. AND COMPANIES TRUST National Banks Dec. 31. State Institutions Dec. 31. MISSOURI Surplus & Cross Profits. Deposits. NEW JERSEY Capital. Par. Bid. Capital. Ask. Surplus & Profits. Cross Deposits. Bid. Par. Per $ 8t. Louis— Baden Bank Boatmen's Nat Bank Bremen Bk & Tr Co_ Cass Bk & Tr Oo Cherokee Nat Bank- First National BankGrand Nat'l Bk 250,381 200.000 2,500,000 400,000 300,000 200,000 12,100,000 700,000 1,205,598 616,490 422,740 67,451 7,931,436 u 174,314 255,701 200.000 151,845 500,000 Jefferson Bank Jeff-Gravols Bank-_ 100 100 2,150,000 vl,825.721 42,284 148,804 331,570 63,153 56,674 50,000 Lemay Ferry Bank__ 200,000 500,000 200,000 300,000 Lowell Bank Manchester Bank Nat Bridge Trust Oo Plaza National Bank Scruggs. Vandervoort Barney Bank v 163,306 353,777 238,836 199,829 57,380 690,077 51,182 587,154 124,711 90,977 200,000 350,000 600,000 200,000 200,000 500,000 300,000 1,000.000 200,000 SecNBS&Tr Oo_South Side Nat Bk__ South'n Com & Sav. 8t Louis Nat Bank.. Tower Gr Bk & TrCo Twelfth St Nat Bank United Bk & Tr Oo__ Water Tower Bank__ 200,000 200,000 / 200.000 Chippewa Trust Co. Chouteau Trust Go_- Easton-Taylor Tr Oo 75,537 130,207 63,112 139,510 159,546 200,000 300.000 Guaranty Bk & Tr.. Laclede Trust Co Lindell Trust Co 300,000 105 10,000.000 350,000 Miss Val Trust Oo 6.000.000 200,000 200,000 500,000 200,000 100.000 200.000 Mound City Tr Co North St Louis Tr Oo Northwest'n Tr Co__ Savings Trust Oo Webster Groves Tr__ West St Louis Tr Co. 61,000 150,902 1,048,514 v 109,377 172,581 154,861 Peoples Bank 100,000 50,000 300,000 100,000 - Union Nat Bank Southern Missouri Tr v 3,119,486 100 Bayonne— Bayonne Trust Go_Mechanics' Trust Oo 400,000 500,000 602,966 655,125 9,042,153 7,545,162 100 50 100,000 150,000 200,000 150,000 169,614 4.06,819 232,500 179,354 1,676,410 3,163,039 1,395.677 1,414,001 100 100 1,500,000 1,200,000 1,050.000 2,610,375 4,033,093 100 100 100 100 100 1,800,145 67,857,406 1,480,582 2,087,247 7,882,420 3,300,000 1.451,863 2,095,084 1,200,000 753,435 8,889,947 1,008,000 MONTANA 100 398,069 Bridgeton— Bridgeton Nat BankCumberland Nat Bk_ Farm & Mer Nat BkCumberland Tr Oo— 100 100 100 100 100 100 Camden— FirstOamNatB&T O 100 Camden S D & Tr Oo 100 West Jersey Trust Oo 20 100 230 330 150 20 100 -I IZVl 200 150 25,479,673 30,600,951 5,160,137 25 25 20 1,977,675 8,527,577 19,684.022 100 275 726,256 1.976.240 100 500 25 40 5.531,964 13,487,820 4,960,023 7,944,511 11,089.790 100 175 50 100 100 150 25 80 12,473,116 1,121,126 3,218,121 25 47 100 25 4,306,131 100 1.288,577 100 140 10(X East Orange- 100 100 Ampere Bank & TrCo 100 Essex Oo Trust 100 Sav Inv & Trust Co__ Oo. 150,000 500,000 1,500.000 101.573 50 ion Elizabeth— 100 107 National State Bank Central Home Tr Oo Elizabeth Trust Co_. 500,000 700,000 500,000 620,000 150 Union County Tr Oo 750,000 296,720 979,757 286,933 376,041 905,781 625,000 1,000.517 100,000 300,000 800,000 82,287 182,888 547,576 500,000 1,600,000 400,000 1,250.000 3,400,000 2,000.000 150,000 5.700,000 400.000 161,171 ,769,359 209,453 ,367,405 ,723,057 .035,000 79,124 ,308,876 228,091 19,859.250 3,971,913 30.241.344 56.372,497 26,806.861 815,726 74.183.841 1,939.690 200.000 262,911 2,810,227 100 100 Elizabethport BkgCo 105 100 127 175 165 175 180 210 100 Hoboken— First National BankColumbia Trust Oo-_ Hoboken Trust Co-. Jefferson Trust Co-- 100 100 100 100 100 100 175 200 100 125 175 100 200 275 100 140 175 Jersey City— Journal Sq Nat Bank First National BankFranklin Nat Bank-. Hudson Co N B Commercla Tr N J__ N J Title Guar & Tr North Bergen Tr Co. West Bergen Tr Co__ Dec. 31. 100 300,000 Trust Co of N J Nationa I Banks 8,292,897 1,293,552 12,300,897 5.563,115 Asbury Park— AsburyPkNatBk & Tr Oo- 100 2,859,753 10,881,401 6,896,197 3,031,186 1,842,807 9,865,046 1,325,520 7,734,216 1,465,393 1,637,145 1,091,851 1,539,623 1,716,152 1,448,923 2,047,442 60,000 47,564 410,165 42,000 100 100 25,844,131 1,182,155 3,217,320 4,790,554 1,185,178 1,246,240 SpringfieldCitizens' Bank 839,959 221,399 1,421,445 221,462 share. 100 1,141,557 Equitable Trust Oo- 6.367,216 102,045,467 103,544 3.249,631 600,000 Per 9,827.509 100 100 Guarantee Trust 45 100 Mercantile-Com¬ merce Nat'l Bank- $ 1,830,511 727,267 120,000 1,000,000 200,000 Bankers Trust Co— 20 MercantileOommerce Bk & Tr Oo $ 300,000 400,000 Atlantic City— Atlantic City Nat Bk Boardwalk Nat Bank Chelsea - Second Nat Bank & Trust Co. 100 100 Lafayette South Side Bk & Tr Co_ share. 100 2,430,296 24,242,517 5,587,056 4,836,614 1,688,428 167,285,365 3,377,487 2,900,557 3,953,109 Ask. Nomi nal. Nomi nal. State Institutions Long Branch— Dec.til. Long Branch Bkg Co 2,694,448 100 25 52 40 45 100 25 37 42" 25 78 85 25 55 60 100 26 *47* 51" 100 275 Morristown— 100 American Trust Oo__ 200,000 250,000 200,000 327,679 278,242 230,024 100 Morristown Trust Oo 1,000.000 522,434 6,184,060 7,156,217 1,826.650 9.804,140 100,000 200,000 200.000 25,458 438,179 212.398 401,709 1,950,266 j.,140,942 600,000 1,200,000 374,275 825,270 150,000 225,000 134,846 51,699 Nomi nal. Billings— Per Midland Nat Bank-Montana Nat BankSec Tr & Savs Bank. 300,006 Metals Bk & Tr Oo_ 0 600.000 First National BankNational Iron Bank. 3,751,776 1,278,637 2,064,260 755.427 56.818 12,161,572 100 Mt Holly Nat BankUnion Nat Bk&TrOo 979,414 100 Farmers' Trust Oo__ 15,087,333 Mt. 200,000 v 50 100 100 627,458 100,000 Butte— First National BankMiners S Bk & Tr Oo share. 125,000 104,582 122,900 200,000 150,000 Holly— 25 25 50 190 100 150 8,271,494 9,700,845 25 36 38 25 11 13 937,594 100 854,906 100 275 85 2.549,247 35,743,451 8,056,965 1,344,286 690,545 13,822,942 712,456 42,455 6,870,068 1,062,155 u 262,829 1,302.674 5,002.068 40,352,571 9,138,185 150,764,638 3,406,964 16,627,429 217,356 1,501,826 2,953.106 219,433 972,853 2,253,949 1,546,665 6,780,259 100 200 100 450 Newark— Helena— First Nat Bk & Tr Co Union Bank & Tr Oo Lincoln Nat Bank 300,000 250,000 e 525.927 249,854 9,470,506 3,501,739 Franklin Wash Tr Oo Marzano State Bk & TrCo Mt Prospect Nat Bk. Nat Newark & Essex Banking Oo National Banks Dec. 31. National State Bank N JNatB&T Co- NEBRASKA 3.000,000 500,000 2,800,000 Central Bk & Tr OoClinton Trust Co Nomi nal. Lincoln— Continental Nat'l Bk Per 200,000 850,000 300,000 e First National BankNat Bk of Commerce 218,264 322,969 189,832 5,567,328 12,130,446 5,413,781 100 10<> share. 125 175 200 250 Omaha— First National Bank- Live Stock Nat Bank Omaha Nat Bank Packers Nat Bank-. Stock Yards Nat Bk_ Union State Bank__ 1,250,000 450,000 1,250,000 200,000 e 750,000 200,000 el,100,000 767,173 158,302 1,246,934 v 112,252 338,381 40,662 883,823 20,764.808 4,711,649 28,215,881 2,586,921 6,676,341 1,174,071 20,543,637 100 100 too 100 140 290 305" 100 130 150 Columbus Trust Oo_ Federal Trust Co Fidelity Union Tr Co Merch & Newark Tr_ So SldeNB&Tr CoUnion National Bk__ United States Tr Co. West Side Trust Co. 150.000 700,000 400,000 4,056,250 6,666,675 2,500,000 300,000 375,000 600,000 1,075,000 New Brunswick Cits Nat Bk of N Br_ Nat Bank of N J IIH 25 35" 35" 25 25 30 35 25 52 25 98 56 103 25 50 55 25 55 100 25 25" "25"" 25 I) 75 100 100 100 <225 100 275 172,870 513,841 35,569 227,032 4,194.988 5,895.004 100 150,000 56,207 1,268,461 100 100.000 Huds Tr Oo Un City Woodcliff Trust Go_ 100,000 350,000 1,000,000 1,000,000 150,000 52,667 510,764 1,354,244 302,114 341,624 1,058,350 3,355,205 63,852 1,579,123 100 100 6,900.157 5,763,729 100 2,286,857 100 1,330,098 ai00 25 6,938.778 25 26,242,561 1,096.694 100 Passaic— Passaic N Bk&Tr Co People's Bk & Tr Oo. U S National Bank-- 1,350,000 13,546,858 3,691,584 1,693,032 7.408,920 2,000,000 1,000,000 1,703,004 1,011,558 26,307,718 18,593,411 250,000 500,000 200,000 100,000 300,000 Peoples Nat Bank Middlesex TG&T Co New Brnnsw Tr Co__ North & West Hu dson— IstNat Bk of Un City 300,000 First N Bk, West NY 300.000 Hamilton National^Banks NEVADA Liberty National Bk Guttenberg Nomi nal. Per Bk of Nev Sav & Tr- First Nat Bk In Reno Reno National Bank Riverside Bank United Nevada Bank 100,000 200,000 700,000 50,000 400,000 64,487 69,243 200,763 81,535 118,780 4,069,858 4,803,272 4,523,469 1,359,799 2,499,295 share. Merchants Trust Oo_ 500,000 800,000 Oommonw'lth Tr Oo Gutt'b'g Bk & Tr Oo 100 PkTr Co Weehawken 100 WeehawkenT&TitOo 100 100 100 372,368 100 200 100 225 100 Bank of Weehawken State^Institutions Reno— Nat 300,000 1,003,431 a 25 25 * Nomi nal. Per Manchester— Amoskeag Nat Bank Manchester Nat Bk_ Merchants Nat Bank 200,000 150,000 150,000 916,896 493,890 82,290 5,153,451 2,840,775 2,625,618 100,000 300,000 300,000 437,536 590,933 534,302 4,263,866 5,268,713 6,715,371 100 330 100 250 100 250 6 Includes security stock. e Member of Northwest Bancorporation. /March 25 1931. 100 100 Q Member First Bank Stock Corp. I Last sale. t New stock. 250,000 New Hamp Nat Bk_ 100.000 151,058 150,193 3,378,777 1,152,910 100 u June 30 1931. v Portsmouth— First National Bank- Affiliated with the Trust Co. of New Jersey, Jersey City. 100 Nashua— Indian Head Nat Bk Nashua Trust Oo__ SecondNat of Nashua share. Sale price. a NEW HAMPSHIRE Sept. 29 1931. x Ex-dividend. 100 V Ex-rights. " 210 10 x 25 80 National Bank Dec. 31. NEW JERSEY Capital. Surplus A Profits. National Banks Institutions State NEW YORK Dec. 31. Dec. 31. Surplus A Profits. Gross Ask. Bid. Par. Deposits. 107 TRUST COMPANIES AND BAMS Capital. State Institutions Dec. 31. Gross Deposits. Nomi nal. Nomi nal. Plainfield— % 250,000 2,000,000 300,000 1,000,000 1.400,000 1,360,046 4,251,094 306,907 1,801,288 2,108,739 100,000 200,000 100.000 471,001 508,392 Nat Bronx Bank 25 22,867 825,000 561,849 600.0001 765,020 750,000 43,046 100,000 39,609 100,000 2,044,068 600,000 1,479,512 11,197,015 1,039,848 4,888,533 14.192.780 16.307.781 2,121,888 27,215,105 1,792,634 302,590 10,722,448 3,581,931 9,881,434 577,597 352,069 16,918,305 Mid-City Trust Co— Plainfleld Trust Oo__ __ National City Bk Nat Safety Bk & Tr Co 100 Penn Exchange Bank Public Nat Bk&TrOo 100 100 Schroder Paterson— 200.000 680.000 50,000 300,000 1,200,000 750,000 500,000 1,000,000 100,000 75,000 600.000 Broadway Bk & T Co First National Bank- Haledon Nat Bank.. Labor Nat Bank Paterson Nat BankSecond Nat Bank Nat Bank of Amer— Paterson Sav Inst Prospect Park Nat Bk Westside Nat BankCitizens' Trust Co— Franklin Trust Co— Hamilton Trust Co— Merchants Trust Co. Security Trust Co U S Trust Co. - 104,586 847,457 24,913 154.513 1,197,036 1,573,989 280,359 2,889,809 109,007 20 380 140 100 100 100 H'nover CapitalTrOo Trenton Banking Co Trenton Trust Co 100 25 First Nat Bk & Tr Co Woodbury Trust Oo- ioo" 25 90 100 100 100 200 20 100 340 11,651,730 39,223,985 2,444,214 14,507,802 21,961,741 100 I 500 50 I 180 2,223,836 2,090,200 1,137,562 10 50 National Banks 410.605 NEW YORK Dec. 31. 758,000 1,000,000 c531,494 500,000 2,000,000 2,101,333 Banco di Nap Tr Co. C820.445 1,000,000 Bk of Manhat Tr Co 22,250,000 C44436.285 Bank of Sicily Tr Co c418,642 1,600,000 Bank of N Y & Tr Co 9,730,679 6,000,000 Bankers Trust Co_ 25,000,000 C76307.946 Bronx County Tr Co 517,400 1,550,000 Cent Han Bk & Tr Co 21,000,000 C75023.475 Chemical Bk & Tr Co 21,000,000 C44895.117 City Bank Farmers' Trust Co 10,000,000 10,941,670 Clinton Trust Co 529,100 500,000 Continental Bk&TOo 4,000,000 c6,751.479 Corn Ex Bk & Tr Co 15,000,000 22,549,500 112,700 500,000 Corporation Trust Co 4,000,000 3,131,800 County Trust Co 6,000,000 c3,183,412 Empire Trust Co Fulton Trust Co 2,000.000 3,085,139 1,000,000 1,000,000 Fiduciary Trust Co.. Guaranty Trust Co.. 90,000,000 Cl94.963.334 Hellenic Bk Tr Co__ C513.310 1.000,000 Hlbernla Trust Co__ 3,000,000 846,500 50,000,000 €75564,936 Irving Trust Co J Henry Schroder Tr 534,518 700,000 3,000,000 2,400,000 Lawyers' Trust Co Manufacturers' Tr__ 32,935.000 C27122.936 Marine Midland Tr. 10,000.000 c7,021,999 900.000 604,300 Mercan Bk & Tr Oo. New York Trust Co. 12,500,000 C26928.646 Title Guar & Tr Co. 10,000.000 21,208,096 309,309 Trust Co of Nor Am.. 500,000 1,428,700 Underwriters Tr Co. 1,675.000 U S Trust Co of N Y 2,000.000 27,005,358 Bk of Athens Tr Co. Banca Com It Tr Co 140 100 100 185" 50 50 I 160 10 State Institutions . Dec. 31. Nat Com Bk & Tr Co N Y State Nat Bank- First Trust Co 166,354 1,462,699 5,192,910 2,334,381 2,146,782 2,782,823 3,359,621 40,150,349 40,914,763 33,330,046 190 100 4 25 10 7 15 25 23 25 '25 10 100 1 450 100 210 230 4.151.600 4.214.601 12,700,325 3,524,315 66,686,285 6,539,012 105,769,792 467,795,716 17,205,800 476,868,567 251,013,984 100 First National Bank 10 Nat Exch Bk& Tr Co WA 20 20 57** 18 138 134 33** 31** 10 28** 18** 365 345 20 100 31,909.515 239,008,800 20 62,600 100 20,080,100 58,726,359 16,552,752 3,486,700 892,931,648 3,894,256 14,076,248 363,553,729 4,225,864 17,576,455 10 50 35 15** v Ith 54 22" 25 x 20 26** 24 J* 20 255 230 100 'loo 268" 273"" "lOO "34" 100 20 372,329,052 48,379,192 < 20 39" 18 10 v 19 28** 30** "5" 5,929,900 82 237,048,169 ""25 40 20 41.629,468 100 3,351,771 20 5,920.700 100 1480 63,542,542 85 43 70 9 .... 1580 3,682,600 100 1,498,989 3,316,594 1,002,685 2,154,733 3,528,714 1,623,876 4,424,783 27 25 8,989,722 45 20 58.850.025 55 20 18,250.487 42 25 18,814,784 101 20 41.883.026 100 1400 36,055,048 50,392,424 <— 100 300 350 I 160 100 C608.485 739,388 1,464,189 10,775,007 7,102,892 15,961,171 100 1,200,000 dl,049,138 1,199,281 750,000 324,749 800,000 5,400,000 6,070,399 2,500,000 2,817,940 7,119,685 7,000,344 6,338,046 65,217,572 32,021,624 20 1,758,992 200.000 918,764 564,440 147,934 26,675,996 8,294,594 6,519,423 3,835,802 100 2,000,000 600,000 3,219.630 920,292 45,800,799 6,148,578 5 15 18 20 46 50 500,000 300,000 500.000 423,524 152,776 1,032,546 6,602,279 3,578,156 9,718,942 100 500,000 1,500,000 850,726 1,455,551 9,937,881 100 19,988,134 20 Nom. 70 55 400,000 2,275,552 12,304,189 5,131,842 11,879,991 20 New Rochelle Tr__ 285.294 733,851 321,432 1,322,114 20 Huguenot Tr Oo__ 300,000 500,000 450,000 250,000 200,000 229,738 379,885 1,458,623 2,648,868 100 100,000 909,160 9,321,402 50 200,000 168,555 2,936,159 100 500,000 300.000 250,000 200,000 410,040 362,287 295,029 228.749 400.000 7,373,316 6,469,860 100 200,000 600,000 750.000 707,391 719,271 663,669 8,418,363 100 100 9,255,491 8,076,735 i—- 700 Citizens Trust Co.-. i 145 Schenectady Tr Co.. 30 50 65 47 110 1700 300 ank A Tru si Co. retur Nat. banks People's Nat BankBrooklyn Trust Co— Kings Co Trust Go— 16** 20 300,000 300,000 750,000 Dec. ns Lincoln Nat Bk & Tr Merch Nat Bk & Tr_ date Dec. 31. Salt Springs Nat Bk_ First Trust & Dep Co 31 745 ,800 23,500 200,000 180,981 1,769 ,132 200,000 155,600 1,727 .900 300,000 781 ,800 68,100 500,000 2,146 .600 387,800 500,000 3,635 ,516 428,192 1,450,000 2,523 ,557 1,000,000 1,307,073 5,956 ,400 269,400 500,000 8,200,000 C12996.991 101,987 ,520 500,000 6,562.497 30,909 .167 1305 100 100 105 Syracuse— Kingsboro Nat Bank Lafayette Nat Bank- "26 ** 100 46,830,430 2,038,500 Schenectady— Fort Greene Nat Bk. 180 170 100 "20 1,000,000 2,000,000 Central Trust Co 600,000 Genesee Vail Tr Co__ 1,000,000 Roch Trust & S D Co 1,000,000 300,000 Security Trust Co <5.000.000 Union Trust Co Union National Bank Flatbush Nat Bank- 75 5 100 RochesterFirst Nat Bk & Tr Co Lincoln-Allia Bk & Tr 487,790 429,587 Binghamton— City National Bank. Bklyn ** 168,400 400,000 150,000 Auburn Trust Co— Citizens Bk of 13 100 300,000 Jamaica Nat Bank.. I 750 100 100 Nat Trust Co- Bensonhurst Nat Bk 42** 25 200 Auburn— Brooklyn—State B 44 40** Mutual Trust Oo- 200,000 250,000 1,500,000 2,000,000 1,000,000 Mech & Farmers Bk_ Marine Midld Tr Co. 37 20 Bk & Tr Co. share. Per Central Bank-- Bank & 50 Jamaica, L.I.— Nomi nal. Albany— Auburn-Cayuga *2,998,200 501,300 123,800 *1,504,800] 8,876,400 63,397,000 2,515,550 <15,117,903 *8,123,886 1,519,033 *2,953,300 379,000 *345,900 37,500 Anglo-South Am Tr_ 170 50 1.428,600 912.500 8,250,000 6,000,000 1,500,000 660,000 b 500.000 share. Per $ *4,476.800 316.900 525,000 124000000 101347466 1123500000 Trust co. returns da te Dec, 31. 160 Mechanics' & National Bank Wash Nat Bank 240 80 50 Woodbury— Farm Bkg Corp. Sterling Nat B & T— Trade Bank of N Y„ 230 100 Trenton— Broad St Nat BankFirst-Mech Nat Bk- N. Y. City (ConcJ.) share. Per 100 Plainfield Nat Bank- State Trust Co $ 102,167 92.865 75,697 1,303,606 232,125 5,613,620 1,292,845 919,660 17,241,126 3,725,004 400.000 175,000 200,000 650.000 150,000 First National Bank. Ask. Bid. Par Syracuse Trust Oo„ 100 23 25 20 30 35 20 22 25 20 2t 23 25 38 42 100 100 Troy— CO Manuractur Nat Bk. 100 100 54 8 25 25 14** 100 "64"" 12 National City BankUnion Nat Bank 19** Troy Trust Co <1,500,000 600,000 300,000 25 103 60 25 50 '115" 200" 200 205" 100 100 2250 Utica— 215 2350 First Citizens Bk & T Oneida Nat Bk & Tr_ Buffalo7 25 119,008 1,822,232 300,000 5,500,000 8,851,202 58,306,830 100 50 55,893 1.278,235 200,000 25 Mfrs & Trad-Peop Tr 6,000,000 C13012.139 88,497,082 Matrine Trust Co i 10,000,000 C15565.466 174,624,986 i 20 East Side Nat Bank. Liberty Bank 353* Lincoln Nat Bank 273* 103* Watertown— 8 20 50 Jefferson Co Nat Bk Watertown Nat 28** 10>* Bk_ North'n N Y Tr Co. Westchester Co— Elmlra— Chemung Can Tr Co First Nat Bk & Tr Co Ithaca— 800,000 1,237,500 2,207,166 1.407,965 9,723,198 11,276,335 90 20 100 Tompkins Nat Bank Ithaca Trust Co Mt. Vernon—1st N_. Mt Vernon Tr Co. 25 New Rochelle— Central Nat Bank- i First National Bank. 250,000 200,000 400,000 417,441 281,411 401,403 3,732,082 2,293,727 7,266,609 100 Nat City Bank 500 100 400 25 125 Ossining—1st Nat Bk & Trust Co Jamestown— Bank of Jamestown. The First Nat Bank Nat Ghautauq Co Bk Union Trust Co 832,500 153,300 500,000 600.000 1,125,822 534,097 n614,002 440.786 80 25 15,864,800 4,997,205 100 25 10,002,421 3,480.339 <100 90 550 75 85" Rondout Nat BankState of N Y Nat Bk Kingston Trust Co. 200.000 200,000 150,000 150,000 250,000 450,378 248,607 183,926 369,995 831,557 744,397 3,878.484 1,425,044 3,422,666 8.132,629 100 100 Rye—Rye t 100 National BkOolumbus Bank Oomm'l Nat Bk & Tr Dunbar Nat BankFifth Avenue Bank,. First National Bank. Gimbel Bros Bank Grace Nat Bk of N.Y Harbor State Bank— Harriman N Bk & Tr 22,500 *6,233,900 650,000 239,251 1,500,000 *3,684,468 143075000 1091705000 148,000, 2,986 *281,802 200,000 7,000.000 9,235,612 43,139,000 227,700 *1,512,300 500,000 500.000 c3,630,511 33,222,882 10,000,000 112537242 274,654,000 103.800 100.000 *730,000 1,500.000 1,610,200 *18,292,100 C768.060 ell1,683 200,000 2,000,000 2,863,200 29,930,000 100 Trust Co.. *6,813,687 *1,257,400 *1,842,000 25 100 Nat Bk of Yorkville. 2,250,000 400,000 600,000 540,680 119,800 197,300 20 '175" 185 100 6,378,623 20 4,403,645 100 20 300 325 100 225" 250 583,683 6,775,006 100 500,000 3,004,111 1,957,649 5,099,551 8,647,491 100 100 1,000,000 1,183,253 20,269,175 25 400.000 300,000 568,184 1,702,180 10,468,246 9,707,852 20 25 100 Bank & 115 36** a Sale 148 of the former. 1640 1932 the shareholders voted in favor of voluntary 25 1340"" c March 28 1932. 1932. d March 31 55 1440 < Controlled by Marine 3 5 30 70 40 ■ liquida¬ tion of the bank's affairs. 500'" 100 National Bank» 1932 under title - b On March 29 zl400~ 1500" 100 price. Peoples National Bank & Trust Co. and the Plaza Plains, N. Y., consolidated on March 9 both of White 100 100 2,000.000 Westches'r Tr Co_ 150 "140"" 100 1540 100 Trust a'300.000 Yonkers Nat Bank & Trust Co 35 34?* Bank Peoples N B &T Co West Title & Tr Co County Trust Co. Yonkers—First Natl * 100 20 100 100 arryU/wn Citizens Liberty Nat Bank & Merchants Bank 80 65 250 20 White Plains— 100 Deposits N ew York Ci It/ banks are repo rted ne * and Dec. 1932. Sur plus and pr ofits are of date are 31'31 of April 2 A divi dend r ecord for National and Dec. 31 19 31 for Stat e banks. of banks and trust companies in New Yo rk City and Rroo klyn m ay be found in our"Rai Iway Secti on, pages 148, 149, 1 50,1 51. Chase prices 4,385,023 2,531,255 Nat Bk N B&TrCo 100 New York City- Amalg Bank of N Y. Bank of Yorktown— Ossining Trust Co. Peekskill— Westches Co Nat_ Pleasantville— Mt Pleas B&TrOo Port Chester—1st N_ 530 KingstonFirst NBkofRondout Nat'l Ulster County Bank & Trust Oo_ 50 25 Midland Corp. I Last sale, n June 30 * Dec. 31 1931. 1931. v New stock.- x Ex-dividend. '■'< V,>\7-T;" v;--v 108 BANKS AND TRUST COMPANIES National Banks Dec. 31. Capital. Surplus & Profits. OKLAHOMA Par. Bid. Capital. Ask. Dec. 31. Gross Surplus & Profits. Gross Deposits. State Institutions Deposits. Par. Bid. S 130,931 % 300,000 Asheville— Flrit Nat Bk & Tr Oo . $ 2,729,524 Per share. $ 100,000 50,000 $ 108,674 67,745 2,304,255 1,087,639 100 State Bank... McAle8ter— ■ First Nat Bk of McA 100.000 43,684 2.023.718 160 Muskogee— Citizens National Bk Commercial Nat Bk. First Nat Bk&TrOo 100,000 300,000 500.000 38,533 152,261 224,907 1,254,788 3,912,514 5,324,847 100 Oklahoma City50,000 Capital State Bank.. 200,000 City Nat'l Bk&Tr Oo 5,000,000 First Nat Bk&Tr Co 300,000 Fidelity Nat Bank.. Liberty Nat Bank— nl ,200,000 500.000 Tradesmen's Nat Bk 57,466 100,886 2,104,979 120,834 568,203 171,668 679,451 3,704,146 40,003,207 4,745,755 12,801.369 7,559,373 100 100 125 100 200 20 40 150 150 225 225 50 546,785 1,302,396 62,930 2133,141 473,855 33,669,379 23.642,232 3,533,147 3,729,066 1,933,388 Guthrie— First Charlotte— Charlotte Nat Bank. Commercial Nat Bk. Mer & Farm N Bk.. Union Nat Bank American Trust Co.. 715,747 500,000 500,000 671,327 200,000 600,515 300,000 665,643 1,257.442 1,200,000 1,000,000 *1,111,727 Independ'ce Tr Co.. Durham— 3,083,891 2.912,259 2,069,141 3,221,199 17,938,144 5,162,789 100 100 100 100 100 100 ■ _ First National Bank. 100 95 175 270 100 iiso" 154" 90 95 Ask. Nomi nal. Nomi nal. S Per share. '■**»*» 100 V „ v..... 100 10Q ' 100,000 120,000 100,000 Citizens' Nat Bank. Fidelity Bank Home Savings Bank. 2110,523 1,142,758 108,225 753,415 9,099,330 1,372,646 100 100 25 25 ""40"" 250 45 Greensboro— No Oar Bk & Tr Oo 2,500.000 21,795,297 30,144,827 10 4.248.959 100 ..... 100 100 100 225 175 275 Baleigh— 400.000 Page Trust Oo 201,682 Tulsa— Exchange Nat BankFirst Nat Bk & Tr Oo Fourth Nat Bank... Nat Bk of Oom'erce. Exchange Trust Co. Wilmington— 100,000 300.000 People's Sav Bk & Tr Wilm Sav & Tr Co.. 283,593 591,189 1,853,642 4,449,974 25 10 287,046 5,934,717 3,000.000 2,500,000 e 250,000 200,000 20 25 24 20 20 20 18 18 20 20 20 100 20 100 1.000.000 -(P) Wilson* Branch Bkg & Tr Oo 400,000 u OREGON Winston-Salem— Farmers N Bk & T Oo Wachovia Bk &Tr__ 144,542 2,402,496 500,000 2.500.000 1,913,873 42,326.902 sta"^Tiom 100 100 Nomi nal. Per Eugene— 150,000 200,000 100.000 26,013 246,228 59,540 400,000 100,000 100,000 200.000 a2.500.000 a 500.000 it 50,000 k 200.000 300,000 *4.000.000 128,639 47,191 30,741 331,006 1,660,269 674,449 11,302 59,564 82,363 3,364.654 6,948.839 1,000,000 1,000,000 50,000 450,000 400,000 500,000 500,000 400,000 1,847,749 2,561,521 139,035 1,340,904 563,172 505,278 1,283,511 516,433 8,996,518 7,514,261 1,123,139 5,407,090 2,119,329 1,621,826 5,030,938 2,297.693 150,000 250,000 249,300 460,977 613,510 328,400 5,061,284 2,868,625 1,230,000 100 10 125,000 300,000 300,000 500.000 500,000 300,000 216,200 443,804 1,609,200 712,023 1,031,285 1,205,647 1,151,414 59,426 2,127.812 8,748,502 7,231,411 10,816,143 9,442,077 9,462,668 1.126,536 100 100 100 100 100 50 100 50 500 200 242.050 300,000 400,000 937,800 300,000 400.000 250.000 172,157 891,744 902,167 1,770,008 889.662 1,212.729 283,361 2.275,996 2,933,865 3,332,036 8,093,153 6,120,920 4,984,344 2,571,569 50 26 25 20 200.000 400,000 300,000 1.062,500 200,000 760,330 820,898 745,121 2,547,999 605,022 6,822,659 5,637,679 4,893,601 15,011,642 4,391,740 United States N Bk. National Banks Dec. 31. Portland— NORTH DAKOTA Amer National Bk.. Nomi nal. Per share. Fargo— Dakota Nat Bank 150,000 50,000 <300,000 (7250,000 150,000 Fargo National Bk.. First Nat Bk & Tr Oo Merch Nat Bk&TrOo Nor A Dakota Tr Oo National Banks Dec. 31. 152,707 82,411 257,672 70,654 3128,944 OHIO 2,327,499 100 828,096 100 6,795,402 <— 2,791,246 d_— 679,674 100 . I 200,000 7.500,000 - 3,483,096 2,816,375 561,120 6,046,512 50,422,061 share. 100 50 100 100 100 50 First National Bank. . 2116,099 1,617,369 Dime Sav & Tr Co.. 2,549,844 11,583,965 100 100 Penn Trust Co 100 1400 jUn.iX/ n 1,110,832 344,717 u 275,447 5,047.916 6,686,209 3,266,144 1,663,809 45,455.306 100 100 300,000 u 368,401 500,000 1,285,799 150,000 311,264 328,302 200,000 1,800,000 «2,896,440 1,000,000 1,060,737 250,000 519,356 250,000 124,948 1,250,000 Ml,431,604 4.000,000 u4,238,420 4,869,373 6,755.827 2,421,128 4,445.179 30,664,618 9,337.238 4,277,584 3,232,850 12,380,136 51,909,920 100 5.000,000 w6,770,583 77,296,685 100 400.000 150,000 100,000 6.000,000 > vi First National Bank. - . . J > Prov S Bk & Ti Second Nat Bank... - . J - > - Fifth Third Trust Co.. * no" 35 39 ... I 500 10 465"* 100 Central Trust Co grj0 Bank of Erie Tr CoFirst National Bank. Marine Nat Bank III1 400"" 100 50 Second Nat Bank... Erie Trust Oo Secur-Peoples Tr Oo. 100 Union Trust Co—.. 10 260"" 100 100 Z30M I 249 mmmmmm 50 010 mmmm m rn.rn.m~m. 80 mm 10 mm mm mmmmm 60 50 mmm m share. 390 115 190 56 115 12 X 550 150 I 300 ' 50 I 210 100 125 700 250 275 200 150 125 190 15 20 75 Harrisburg— Allison-Fast End Tr. 100 10 100 Per 100 25 Altoona— First National Bank. Altoona Trust Co . VUlUlllUldr Mer-OIt Nat Bk & Tr Ridge Ave Dep Bk. Second Nat Bank.. Cincinnati. 135 Nomi nal. Lehigh Vail Trust Co 200,000 500,000 . "lio" Allentown— Allentown Nat Bank Allentown Trust Oo. Oanton— Cent Sav B & T Oo. • Dec. 31. Per > First National Bank. 100 100 883,431 a... 1,122,594 &— 5,626.288 *— 33,857,022 100 />225,556 a... 323,811 k 1,599,384 k 3,607.285 100 20 68,771,753 State Institutions Nomivnal. 408,162 284,101 32,000 408,194 2,642,848 350.000 200,000 100,000 Bk of East Portland. a b G W Bates & Oo Citizens Nat Bank.. k Security Sav & Tr Oo Live Stock State Bk. Peninsular Nat Bank Portland Tr & Sav Bk United States N Bk. Akron— r share. 698,417 3,595,785 1,558,623 Bank of Commerce.. First National Bank Harrisburg Nat Bank Central Trust Co.— Commonwealth Tr Co Dauphin Dep Tr Co Harrisburg Trust Co Union Trust Oo 166 100 Cleveland 100,000 100.000 334,488 25,000 3,862,631 209,048 100 5,000,000 250,000 500,000 2,000,000 200,000 13,800,000 7,000,000 Union Sav & L Co.. 900,000 22,850.000 /4,212,663 64,282,280 2,941,254 10,395,958 31.435,364 4,317,801 20 Central 500 United Bank. 531,113 670,645 1,802,979 215,835 11.352,498. 10,056,106 749,205 U14278924 27Vj 100 100 100 30 145 320 200 100 2,132,159 170" 100 100 245 25 24 26* Columbus250,000 1,200,000 ) ) 50,000 c 200,000 2,000,000 100,000 100,000 c4,000,000 > c Huntington Nat Bk. ) - 3 77,805 1,906,404 95,984 74,659 2,079,881 435,348 58,961 3,633,127 3,069,250 18,728,607 955,489 1,714,150 25,004,168 2,851,966 868,606 42.212,852 & Nat Northern Tr & S Co 10 c Oentral-Penn Nat Bk City National Bank. Commercial Nat Bk. Corn Exch Nat Bank & Trust Co Erie National Bank. First National Bank. Gimbel Bros Bk & Tr Nat Bkof Ger & Tr Oo North Broad Nat'lBk 100 J 00 Nat ] a 200.000 141,284 2,809,678 100 400,000 1.000,000 351,751 870,602 6,992,812 15,893,075 100 100 x 150 Bank Trupt Co.. 1 • 1 1 1 1 - 125 150 i> ii 500,000 600,000 200,000 600.000 7175,000 5.000,000 501,883 1,222,390 118,390 330,605 87,500 3,551,977 1,000.000 382,392 150,000 156.156 £ - - - 4,645,227 10.274,345 575,392 3,022,612 50^575,369 7 4,550,000 500,000 3.111.000 9,716,850 67,867,000 168,160 r 1,073,007 7,727,455 55,613,000 2,037,291 171,158 570,975 163,524 846,357 6,850,000 365.051 16,210 r 4,190,079 23,510,000 2,120,320 rlO,338,380 417,351 250,000 r 20 50 51 200,000 300.000 350.000 200,000 1,000,000 400,000 250.000 100 100 "260" 270"" "50 50 ""55" "65" 10 100 10 "295" 3057" 45 50 20 20 ""36"" "33"" 71 Feb. 5 1932. Affiliated with the Exchange National Bank of Tulsa, Okla. sJan.7 1932. t Opened for business on March 28 1932. March 30 1932. Stock held entirely by Exchange National Bank. x Ex-dividend. v - 1,250,000 ul ,336,057 6,674,397 2,348,027 18,519,800 100 100 100 100 Group. I Last sale. u k 200 y z Ex-rights. Sept. 29 1931. 46 10 Sale price. Controlled by Transamerica Corp. n 50 32 6 6 Member West Coast Corp. c Member of the BancOhio Corp. d Member First Bank Stock Corp. e 37 10 h Trust funds. Youngstown— 1260 10,321,000 i Member Northwest Bancorporation. 7c Controlled by the United States National 100 100 100 15 I.I til* 1120 168 1185 162 1.749,675 f March 31 1932. 9 New stock. Toledo— • 1 • . - 1 1 10 60 1 • > 2.000,000 63,507 r 200,000 773,304 500,000 4,755,000 2,010,748 Philadelphia Nat Bk 14,000.000 29,878,647 224,927,000 c 1 aiional ban ks date April 219 32. 43 096,000 in 36 3.040.000 9,356,937 28 1,125,000 1,036,249 4,728,000 100 Northeast Nat Bank NorthwNatBk&TCo 100 20 20 50 Philadelphia—De posits of N * Trust Oo Third Cones toga Nat Bk— Fulton Nat Bank Lancaster Co Nat Bk Farmers' Trust Co: Guardian Bk & Tr Oo Kensington Nat Bk. Lehigh Nat Bank Market St Nat Bk_. 100 Dayton— Merchants' Lancaster— 73 H BANKS AND TRUST COMPANIES National Banks Surplus & Deposits. Ask. Bid. Par Philadelphia $ 65,000 600,000 300,000 300,000 300,000 Roosevelt Bank Second Nat Bank-— Sixth Nat Bank Southwestern Nat Bk Tioga Nat Bk & TrCo Tradesmen'sNational Bank A Trust Oo- $ $ 112,353 1,730,893 341,811 s 298,377 103,650 s Banca Com It Tr Oo. Broad Street Trust-Chestnut Hill T A Tr Per share. 1,604,486 ' 10 100 100 29,010.000 1,005,458 ' 9,596,597 4,838,000 »1,816,000 1,148,083 100 26"" "23" 80 85 5,341,597 16.108,929 929,512 10,528,694 5,040,440 Northern Trust Co— Nor Phila Trust Co. Penn Oo for Insur on 1,420,449 2,339,774 250,287 4,094,670 1,612,892 215 225 32 10 29 23 10 3.500,000 1.375,000 600,000 500,000 500,000 5 435* 100 100 10,074,997 6,093,630 8,230,533 Media-69th St Tr Oo 425* 801,856 1,300,000 2,203,352 1,000,000 1,662,733 375,000 sl.259,337 Mitten Men A Mg't Bk & TrNinth Bank & Tr Oo North Oity Trust Oo 23 82,843,009 604,136 2.987,920 12,390,546 8,400,000 27,581,848 190,761,444 800,000 494,144 481,093 3,200,000 17,298,396 30,551,993 3.131,200 2,357.425 6,849,188 Provident Trust Real Est Tr Oo 25 10 91 93 10 20 22 10 17 7,500,000 13.765,497 50 50 100 137,498 559,876 3,199,362 1,005,168 3,129,191 Braddock Nat Bank 500,000 1,000,000 Diamond Nat Bank- 600.000 Savings Bank d Duquesne Nat BankFarmers Deposit Nat 500.000 6,000.000 100.000 Fifth Avenue Bank.. First National Bank. 6.000,000 300,000 200.000 200,000 172,700 600.000 7,500.000 200.000 Forbes National Bk. Fourteenth St Bank. Freehold Bank Iron A Glass Dol Sav Keystone Nat BankMellon Nat Bank Nat Bank of America Ohio Valley Bank 100.000 Union National Bank Union Savings BankWestern SAD Bank 2,000.000 1,000.000 250,000 700.000 2.600.000 1.500.000 125,000 1.320.000 2.000.000 165,400 150,000 Allegheny Trust Co. Colonial Trust Oo Oom'wealth Trust Co Dormont SAT Co. Farmers Deposit Tr. Fidellty Trust Oo Hazlewood S & T Oo Hill Top S A T Oo.. Manchester Savings Bank & Trust Co. 250,000 500,000 Penn Trust Co 50 12 20 23 500' 70 42^ 43 X 52 57 267,093 3,522,476 17 Bi" 63 190" 250 45 3100 210 100 /160 75 10 100,000 510" 50 25 10 12 90,397 3,002,488 50 273,275 1,525,549 120 50 304,802 50 5,599.870 .50 49 1,021,865 7,794,324 50 1,413,050 130 3,073,929 170 2,723,916 10,858,723 100 9,950,996 124,617,960 100 235 40 186,121 25 978,875 5,000,000 11,746,970 91,936,347 1000 2900 1.000,000 1,489,656 23,971,341 100 195 15 10 50 100 100 100 ioo 445"" 450" 98 101 35,838,840 10 15 16 50 175 100 200 493,206 377,684 2,333,668 3,875,075 50 National Banks Dec. 31. SOUTH CAROLINA Nomi nal. Per share. Atlantic National Bk Citizens A Sou Bank Carolina Sav BankMiners A Merch Bk. 200,000 500,000 200.000 South Caro Nat Bank So Oarollna State Bk L.500,000 750.000 154,416 471,346 171,125 37,801 1,613,350 297,959 Oo 5,822.867 16,839,767 78,666,710 500.000 1.088.407 7,527,844 150.000 281,311 905.929 400.000 154,500 3.593.067 125,000 328,788 1.774.195 1.500.000 3,992,442 153,284.518 1.000*000 898,602 5.861.375 125,000 663,404 4.072.196 125,000 206,584 1,213,793 Potter Title A Tr Co. Provident Trust Co. Real Est Sav & Tr Oo South Hills Trust Oo Union Trust Oo Washington Tr Co.. West End 3 B & Tr— William Penn Tr Oo. "80 140' 100 100 200 1 iis" 150" 100 50 150 230 70 100 100 140 160 100 150 355,000 500,000 200,000 218,496 3,940,620 3,347,848 100 200,000 200,000 50,000 326,449 465,551 129,912 1,526,130 2,433,843 2,179,795 9 215.370 63,623 19,093 4,205,583 2,902,922 165,461 100 100 100 42,040 41,941 118,161 408,779 1,318,287 100 50.000 3,335,170 0100 3,769,258 0100 2,338,915 100 100 347.327 21,509,698 100 100 8,125.160 305"" 250 135 100.000 2.212,064 11,028,754 60 350" 100 100 100 100 100 100 100 100 50 100 100 100 50 125 Readg Nat Bk & Tr Oo 1,000.000 1.500.000 2.000.000 1,170,300 Colonial North EasTr Pennsylvania Tr Oo. Reading Trust Co.. 8,968.041 4,779,189 10,256.978 5,088,843 6,094.731 10.808.810 6,580.517 4,647,097 128,738 411,173 283.404 835,451 602,722 238.034 365,939 600.000 Berks Oo Trust Co.. 1,160,535 342,403 1,607,038 1,041,416 1.353,753 2,428.844 3,588.973 55,453,400 730,066 2.846,648 1,435,048 3,984,107 9.774.081 3,640.769 2,820.609 Ridge Bank. 200.000 600.000 200,000 400.000 1,000.000 500.000 250,000 Nor. Scr'onBkATrOo Bank South Side Bk & Tr. Third Nat BkATrOo Union Nat Bank West Side Bank Bank-Lincoln al,500,000 250,000 1,744,572 176,360 Pennsylvania Tr Co. / 13,299,692 2,918,999 150 250 175 225 — Second Nat Bank W-B Dep A Sav Bk. Wyoinlng Nat Bank. 750,000 250,000 2.500,000 1,000,000 499.000 500.000 2,158.854 366,153 7,043.816 3.202.217 1,705,371 1,015,483 s 600,000 250.000 Lycoming Trust Oo_ 2,000,000 c 267,975 371,339 310,164 loo" Oorn Exch Sav Bank First Nat'l Bk A Tr. 150 125 250 Security Nat'l B A Tr 100 First National Bank- Industrial Nat Bank. Western Nat BankYork Oo Nat BankYork N Bk A Tr Oo. Guardian Trust Co- 250,000 150,000 500,000 125,000 225,000 300.000 500,000 500,000 750,000 255,732 456,512 657.938 232.014 520,116 974.383 577,349 756.793 1.615,942 85 20 i 20 150 165 25 100 50 85 961,237 100 100 4,045,077 4,574,270 100 125" "IB" "20"" National Banks Dec. 31. 95 "90* 20 100 TENNESSEE State Institutions Dec. 31. Nomi nal. Chattanooga— 50 20 41 44 175 Per Amer Tr & Bkg Go— First National Bank. Hamilton Nat Bank. 300 625.000 share. 2,500,000 2,000.000 1,018,917 2,170,957 1,357,529 5,486,794 17,511,866 19,331,976 2,000,000 203,125 500,000 746,175 122,200 173,476 17.181,661 325,000 5,472,494 3,000,000 1,000,000 50,000 2,847,264 1,231,063 77,824 26,754,029 21,357,646 1,305,087 3,500,000 700,000 4,498,022 1,598,704 10 19,922,757 5,228,749 ilOO 13M 13M 39.127,624 11,714,194 5,040,727 7,210,993 8,594.429 6,605,490 35 43 100 325 20 100 25 30 125 130 — • — 250 100 200 100 90 100 200 100 5000 80 100 50 250 160 300 5500 120 Knoxville— East Tennessee N Bk Oomm'l Bk A Tr Oo. HamiltonNationalBk 90 140 50 500 900 30 100 10 14 15 10 10 25 30 19 20 10 10 10 12 13 95 100 20 13 15 100 127 132 Bank or Com A TrCo First National BankState Savings Bank. 100 150 152 100 265 270 100 305 105 19 20 42 44 25 100 Memphis— 300 50 Nashville— American Nat Bank. Nashville A Amer Tr 3,000.000 3,410.957 1,000,000 743,074 300.000 536,001 Oommerce-Union Bk 800.000 1.036.109 Nashville Trust Co.. 5 800,000 ul ,272,803 Third National Bank 600,000 227,631 Broadway Nat Bank l10 25 10 75 36 125 100 85 34 (M 135 90 100 50 26 70 50 26 National Banks Dec. 31. 140 State Institutions TEXAS Dec. 31. 140 25 75 100 175 25 140 Nomi nal. Per share. Austin— 8,259.301 1.628.466 100 50 400 90 50 125 100 25 600 50 125 60" 135 American Nat Bank. Austin Nat Bank 300,000 Republic Bk A Tr Oo Security Trust Co Texas Bank A Trust- 10 3,368.795 2.023.722 20 10,475,115 10 2,541,908 2,464.303 5.692.015 1.252.829 3,283.527 3.876.929 3.165.903 3,015.706 6.685,015 100 10 16** 18 200.000 400,000 200,000 300.000 500,676 863,160 46,353 450,577 83,836 3,831,695 8,003,267 1,344,683 6,384,575 2.147,257 547,121 220.803 813,547 11,972 4,544,426 2,248,630 7,243,615 841,980 3,054,443 100 100 100 100 Beaumont— American Nat Bank- 250,000 City National Bank. 250,000 400,000 125,000 250,000 First National Bank. Secur St Bk A Trust Texas National Bank 212,660 * 100 100 100 100 100 Sale price. Dime Bank-Lincoln Trust Co. consolidated with the First Natlona Bank, both of Scranton. Pa., on Feb. 1 1932, subject to the approval o the respective stockholders of the institutions. b Member of First Security Corp. 18 25 d A mutual savings bank. with First National Sold > 1 100 230 e / Hyde Park National Bank of Scranton acquired by the Pennsylvani; 200 100 20 28 25 100 Trust Co. 240 0 48 1 25 25 100 a York— Oent'l Nat BkATr Co Drov A Mech N Bk. 70 Nomi nal. Per share. 125,000 100,000 200,000 250,000 Williamsport— First National BankWill lams port N Bk_. 250 20 100 21,841.825 12,620,198 4.706.584 5.462,715 400,000 500.000 60,000 Sioux Falls— Citizens Nat Bk A Tr "80" Wilkes-Barre— First National Bank- 10 350" Scranton— First National Bank- fl5.000.000 235 17 100 Spartanburg— Central Nat Bank First National BankSouthern Trust Co.. Union Planters' Nat'l Bank A Trust Oo. PennNatBankATrCo Hanover Bk A Tr Peoples Nat Bank Piedmont Sav A Tr. 175 '250* First National Bank. Manhat S Bk A Tr Co 500,010 1.000.000 100 Greenville— 100 250" 50 Reading— Farmers' Nat Bank & Trust Oo Oo Central Union Bank. Nat Loan A Exch Bk 250 50 50 100 Workingman's Savgs Bank & Trust Co. 225 50 Pittsburgh York Trust Co 60 ♦107 60 ♦105 100 ♦212 8.528,698 697,345 Columbia— Oity Dep Bk A Tr Oo Miners Bk of W-B Ask. 200,000 120,000 600,000 850,000 450.000 1,500,000 4.000,000 125,000 High St Bk A Tr Oo Mechanics' Nat Bk. NatBankof ComATr Phenix Nat BankProvidence Nat Bank Industrial Trust Go. Lincoln Trust Oo__I Rhode I Hos Tr Oo. Unlon Trust Oo-.— Woonsocket— Woonsocket Trust Oo 385,000 3,216,743 241,624 1,354,324 53,736 436,187 226,022 1,740,764 1,213.391 11,801,793 1,552,568 15,545,605 1,936,254 15,643,555 3,782,997 46,131,802 1,184,027 6,151,456 7,840,855 50,449,398 233.068 1,790,359 9.431,863 73,649,074 318.357 5,327.607 131,312 3,866.957 1,089,644 893.906 592,123 3.772.633 1,198,296 5.849.570 17.262.109 191,911,745 532.528 5,085,408 139,237 1,472.533 5,609.427 26.835.723 3,008,330 30,903.561 725.358 2.866.766 1.101.406 6,239.061 4,378.548 22.312,966 1,991,804 11,946,033 154.861 2,143,663 994,221 43.653 8,045,591 16,857.359 403,156 2,487.268 420,324 2,238.032 100,000 100.000 268,678 125,000 _ Bk. of Amer. Tr. Oo. Bank of Secured Savs Trust 397,123 500,000 Blackstone Can Nat 105 PittsburghArsenal Bank— Dime 300,000 120,000 300,000 18 Land Allegheny Vai Bank. Providence Bank A Sav Co.— Newport Nat BankNewport Trust Oo Charleston— Lives A Grant Ann Tr A Safe Dep Oo Penn W'h'g & S D Oo Green Bid. Newport— Aquidneck Nat Exch Columbus Exchange Trust Oo 20 50 50 Integrity Trust Co— Kensington Security Bk A Trust Oo 145 910,216 4,000,000 16,829,168 882,260 4,276,878 Liberty Title A Tr Oo 135 50 1,500,000 GIrard Trust Oo Industrial Trust Oo. Tr Par Nomi nal. Per share. 25 6,929,942 14,847,697 79,715.662 11,587,408 47,240,715 People's Gross Deposits. Providence— 3.300,000 5,263,122 200,000 168,948 1,000,000 535,818 1,000,000 585,900 250,000 197,315 Fidelity Phila Tr Oo 6,700,000 22,794,074 Finance Oo. 1st pref. 12,600,000 58,112,192 2d preferred Frankford Trust Oo. 600,000 2,203,666 Germantown Tr Oo. 1.400,000 4,306,088 Wyoming Bk A Tr__ Dollar Surplus & Profits. Capital. Nomi nal. {.Concluded.) Estate TAT Oo RHODE ISLAND s'aVeTiT.1'0"' Dec. 31. Gross Profits. Capital. Real National Banks PENNSYLVANIA ^JSUST*. Dec. 31. 109 30 77 35 Jan. 12 1932. Affiliated with the Citizens A Southern National Bank of Savannah, Ga Capital stock trusteed for benefit of stockholders of Union Planter National ...... on Bank. Bank A Trust Co. I Last sale, r Dec. 31 1931. s Sept. 29 i931. t Branch of the Central Union Bank of Rock u ic June 30 1931. Ex-dividend. t No par. Hill, S. C. National Banks National Banks Insntuiiom State TEXAS Dec. 31. COMPANIES TRUST AND BANKS 110 State Institutions VIRGINIA Dec. 31. Dec. 31. Dec. 31. \ Bid. Par. Deposits. Capital. Ask. Gross Surplus & Profits. Gross Surplus & Profits. Capital. Bid. Par. Deposits. Ask. Nomi nal. Nomi nal. 20 6,541,642 150,000 35,713 520,207 67,416,046 1,715,467 14,331,924 1,000,000 100,000 100,000 125,000 3,037,278 430,779 886,771 49,336 5,061 25,000 41,449,884 4,314,074 11,194,821 1,216,047 747,071 796,385 300,000 300,000 180,308 1,033,156 100,000 750,000 1,100,000 2,500,000 200,000 100,000 58,873 373,153 1,228,917 2,560,529 111,635 37,077 524,072 6,201,852 20,803,032 28,872,277 3,388,395 466,225 4,000,000 Trust Co 150,000 Nat Bank of Comm. Dallas Bank & Tr Co Co Bk Bank & Tr Co Oak Cliff Bk&Tr State Trust & Sav 20 250 33 260 20 35 Bank- State National Bank Fort Worth— Amer Bank & Tr Co. Contlnental Nat Bk_ First National Bank. Ft Worth Nat Bank- Stockyards Nat Bank Union Bank & Tr Co 2,500,000 2,000,000 100 135 inn 150 50 20 22 Hutchings-Sealy 4,008,397 2,702,367 10 12 50 50 290,788 750,000 368,852 500.000 250,000 118,739 92,847 209,903 5,416,876 lot 1,537,649 205.036 145,875 16,735,920 6,000,096 7,865,544 34,901,921 1,525,392 792,774 2,500,000 2,016,529 28.211,316 200,000 750 000 493,930 506,437 1.000,000 1,289,429 1,901,643 2,268,113 4,640,742 American Nat Citizens Trust Co— Merch & Farmers Bk Richmond— Bank 100 American 100 :■500.000 & Trust Co 20 Bank of Comm & Tr 20 100 Central Nat Bank— First & Mer Nat Bk_ Mech & Mer Bank 100 State-Planters Bank & Trust Co Sav Bank & Tr Co__ Un Bk & Fed Tr Co_ 100 100 392,466 233,078 7,879,276 8,834,835 100 100 12,409 844,453 111,800 225,131 1,153,974 2,205,287 261,633 875,000 660,461 35,426,515 2,882,540 6.721.511 17,338,344 20,252,647 5,424,799 13,355,298 100 100 750,000 201,167 363,678 1,063,673 678,414 280,705 25,584,446 1.936.512 134,340 5,865,943 5,829,893 3,447,670 100,000 100,000 820,950 346,861 3,125,765 2.002,482 2,000,000 943,540 59,181 53,966 1,212,615 213,723 524,461 10,476,885 2,060,939 2,326,692 17,423,903 2,215,071 10,370,548 Virginia Trust Co 3,500,000 600,000 1,000,000 3,000.000 200,000 154,500 713,928 1,103,716 3,453,486 Roanoke— Houston— Citizens State BankFirst National Bank- City Bank & Tr Co. Houston Nat BankSecond Nat'l BankNat Bank of Comm. State National Bank Union National Bank South Texas Com 500,000 ol .000,000 1,000,000 1,000,000 600,000 1,000,000 mercial Nat Bank. 1,500,000 Federal Trust Co Fidelity Trust Co— Guardian Trust Co„ Houston Land & Tr_ San Jacinto Trust 75 190 200 20 18 100 100 1.000.000 576,457 300,000 61,149 1,464.423 1,000,000 800,000 100 100 200 100 National Banks Nat Bank of Comm. 300,000 1,200,000 350,000 600,000 100 300" 150 100 90 100 10C > 10,521 135,080 474,585 2,601,913 ioo 900 450 475 First National Bank- 250,000 1.000,000 231,264 252,670 27,495 65,415 6,504,137 10,297,152 100,000 100.000 First Trust & Sav Bk National City Bank. 523,395 647,627 State UTAH "loo 100 100 Ftrst 100 100 8.810,000 150.000 2,500,000 r 600.000 f 300,000 200.000 500,000 400,000 25 75 100 ------ 100 200 100 100 100 75 75 100 100 400,000 600,000 First Nat Tr & S Bk_ OldNatBk&UnTrOo el.500.000 25,000 Security State Bank. 8pok & East Tr Co_. el .000.000 1,000,000 Spokane Savings Bk_ 200,000 lOli 100 160 15>4 100 ft share. Tacoma— Nat Bank of Tacoma i 1.000,000 600,000 Puget Sound Nat Bk 200,000 Puget Sd Bway Bk— n 285,993 500,000 530,039 851,477 199.765 793.911 9,671,089 1,879,221 1,740,817 18,307,289 115 125 150 100 220 230 ton 220 230 100 125 135 100 150 160 100 115 Institutions State Dec. 31. Dec. 31. 1,103,981 497,517 2,189,933 4,422,694 3,066,114 18,722,735 856,663 10,819,688 12,869,933 1,804,948 13,690,770 2,703,077 535,804 31 30 150" 155 50 r 50 80 60 80 100 125 4 5 100 100 20 100 F 100 I. 15" 12 25 !0O 100 ion 100 WEST VIRGINIA »H£2 Per 100,000 200,000 100,000 Burlington— Chittenden Co Trust Ho war dNat Bk<feTr Co Merchants Nat Bank Burlington Trust Co. 144,026 231,082 88,026 3,928,141 5,326,957 2,060,829 Charleston Nat Bk— Kanawha Bkg & Tr_ Kanawha Valley Bk_ Nat Bank of Comm. Center Wheeling Sav Citizens Mutual Tr 1 Co 5,314,660 3,813,531 754,500 6,244,744 100 100 100 225 (7104,659 1,574.880 10 572,230 5,082,018 10< 1,142,687 4,240.806 4,628,734 1,267,754 12,568,327 3,480,318 6,974,201 197,311 84,877 148,336 220,427 3,280,707 2,912,921 1,921,461 4,694,130 IOC 125,778 271,562 886,802 3,176,175 347,453 1,951,108 1,732,969 600.000 d 1.165,600 Security Trust Co.. Wheeling Bank & 10C 10C 4( 300.000 500,000 851,223 100,000 500,000 500.000 100,000 100 Trust Co 10( * Sale price. a New stock. 10C LOO 10< ft Member of First Security c Member Rutland Trust Co.-. 942,426 1,021,082 S380.820 1,346,020 Dollar Sav & Tr Co. Nat Exchange Bank. i So Side Bk & Tr Co. 100,000 100,000 100,000 100,000 50,000 Killington Nat Bank Rutland CoNat Bank 22,968 105,637 262,625 88.824 31,012 581,277 626,663 157.823 2,978,326 575.000 Sav Bank Nat Bank of W Va 100 100,000 150,000 150,000 100,000 Rutland— Central Nat Bank— Clement Nat Bank— 171,166 167,399 247,907 of the Marine Corp. Bancorporation. d March 31 1932 IOC 100 e Member of the Northwest Bancorporation. 10C toe g Sept. 29 1931. i Member First National Corp.' I Last sale, National Banks VIRGINIA State Institutions n Dec. 31. Feb. 8 1932. Joseph F. Meyer interests. o Nomi nal. Per share. Lynchburg— 1.000,000 629,876 5,673,763 100 1,000,000 631,899 483,170 123,730 8,484 521,635 3,319,395 2,833,211 1,083,425 100 498,213 3,945,797 20 Lynchburg Nat Bank 500,000 150,000 100,000 300,000 135 1,589,396 88,851 1,419,001 264,800 100.000 Capital City Bank- 100 1,392,453 14,692,322 3,535,826 12,956,012 200,000 1,062.500 500,000 1,000,000 200.000 50,000 500,000 200,000 Half Dollar Trust & 100 372,876 392,117 157,763 534,891 Montpelier— Montpelier Nat Bank Montp'r S B & Tr Co share. 100 200.000 600,000 150,000 250,000 Capital S B & Tr Co First National Bank. share, Per Charleston— Wheeling— Barre Granite S B & Tr Co People's Nat Bank.. Quarry S Bk & Tr Co share. 60 25 100 100 —————— —————— 185 — — — — (p) 100 100 State Institution- Nomi nal. Lynchburg Tr & S B_ 400 — — 16H 5130 9,879,027 VERMONT Dec. 31. Trust Co — Nomi nal. 600,000 750,000 500,000 1,000,000 300,000 1.500,000 National Banks & — 165 Charleston Trust Co People's Nat Bank— Oom'l Tr & Sav Bank Mutual Sav Bk & Tr - - 80 — - 100 834,339 253,315 48,609 Spokane— American Bank Central Trust Co First National Bank. - 200 100 100 143.678 47,299 525.690 87,392 520,006 121,479 249,914 100.000 Peoples Exchange Bk Dec. 31. - 300 100 33,642 61,266 338,657 1,200,000 Seattle Trust Co NaUvtial Banks Security National Bk Utah State Nat Bank Zion Sav Bk & Tr Co Utah Sav & Trust Co Walker Bk & Tr Co, 26 90 24H ------ Salt Lake City— Gontl Nat Bk&Tr Co 230 Institutions 3,763,730 3,669,650 6,703,466 153.527 264,772 237,012 300,000 250,000 500,000 Savings Bank- b 25 25 2,176,917 clOO 71.555,118 1 20 1,718,107 i 20 27,927,821 c 25 100 15,462,658 ioo 10,807,922 2,464,706 2,227,809 10(1 100 2,230,361 20 3,939,988 clOO.OOO W Seattle State Bk__ Per First National Bank- b — ------ 94,895 2,158,280 28,351 1,631,206 834,449 340,731 94,690 53,189 70,333 167,907 C200.000 Bank First Security Bank- of Commerce Nomi nal. Commercial Sec Bk_ 37 — 1,359,395 1100 5,580,818 100 500,000 Commerce First National People's Bk & Tr Co Peoples First Ave Bk Sumitomo B of Seattle Tow-er Savings Bank University Nat Bank Washington Nat Bk Dec. 31. Ogden— 10< 34,569 100,000 Washington Trust Co National Banks Dec. 31. 30 35 2r Per Seattle— Ballard First Nat Bk Canadian Bk of Com Pacific Nat Bank— 100 100 Waco— Citizens' Nat Bank- 30 ------ Nomi nal. 100 100,000 500,000 Houston 26 ------ 120 100 100 National Bank ofFort Sam 2 5.659,730 774,291 19,522,952 1,916,074 WASHINGTON Nat Bk of Commerce c2.500.000 300.000 23 20 160 San Antonio— Alamo National Bank Commercial Nat Bk. 90 175 100 438,079 Central Nat Bank of Merchants Nat'l Bk_ 100 200 Port ArthurFirst National Bank- 95 ------ too 200 100 Colonial Amer Nat B State & City BankFirst Nat Exch Bank Mountain Trust Bk_ Dec. 31. 400,000 200,000 600,000 1,000,000 500,000 550 100 579,090 2,259,247 Portsmouth— Bank- 135 100,000 3,000,000 U S National Bank.. 25 700,000 500 760,000 1,000,000 National Bank 100 25 Co Poll'd & Bagby Tr Co 312,570 118 100 PetersburgFirst Nat Bk & Tr 100 7,836,915 4,437,511 355,081 200,000 200,000 100 Petersb Sav & AmTr 100 Galveston— City National Bank- 19,819,768 10,830,872 3,902,553 600.000 __ First National Bank- 767,574 745,946 301,711 500 100 38 El Paso— El Paso Nat 31 3,130,002 2,458.597 100 552,608 S Norfolk Nat Bank of Com & Trusts— Seab'd Oitiz Nat Bk Virginia Nat Bank 20 100 share. 100 $ 151,839 125.000 Mer & Mec Sav Bk— Merch & Planters Bk 13~ Per $ 250,000 Norfolk— 35 150 12 4,102,572 12,420,336 2,000,000 share. 33 100 8,000,000 BankLiberty State Bank-Mercantile Bk & Tr_ Republic Nat Bank & Texas Per $ $ Dallas— First National 100 Controlled by the p All stock owned by the Kanawha Valley r Member s Trust v Traded in x Ex-dividend. y Ex-rights. People's Corp. funds. as 10 100 Old National Corp. Bank, *■ — — — -- — 150 27 25 50< 150 130 10( 190 10-' 10' — - — — — —' 10' 220 —— 210 — 275 240 lot „ 275 m-m. BANKS National Banks Stale WISCONSIN Dec. 31. „ COMPANIES 111 Institution* Dec. 31. Canadian Bank Statements Cross Surplus & Profits. Capital. TRUST AND Ask. Bid. Par Deposits. Returns are all of Jan. 30 1932. Prices are per cent, not per share. Nomi nal. La Crosse— $ 500,000 50,000 500,000 60.000 Batavian Nat Bank. Exchange State Bank Nat Bk of La Crosse _ Securlty Savs Bank State Bk of La Crosse Per 483,080 109,753 484,493 28,607 136,151 100.000 share. 2u 3,979,704 804,682 4,781,923 915,889 2,057,231 10< «... 10' ioc Milwaukee— Amer State Bank... Badger State Bank- 200.000 d 57,907 210,396 392,714 6,412,487 53,385 2,178,814 125,628 1,048,234 136,139 2,502,866 173,082 2,455,936 9.074,747 143,964,461 270,125 1,599,983 29,632 938,580 92,065 1,058,890 64,380 814,148 129,598 1,114,065 122,395 837,813 1.246,388 16,080,869 2.504,089 29,076,704 229,718 2,718,312 353,912, 1,457,234 378.676 2,490,224 373,633 12,189,585 209,973 2,769,347 54,216 1,180,645 255,540 2,236,542 145,726 1,075,076 400,000 200.000 100,000 300.000 Bay View Natl Bk— d Citizens Bk of Mil- d City Bank East Side Bank.. d 200.000 First Wise N Bk d 10,000,000 Home Savings Bank. 200,000 Holton St State Bk. 100,000 Kilbourn State Bk__ Layton Pk State Bk. Liberty State Bank.. Lincoln State BankMarine Nat Exch Bk Marshall & Ilsley Bk Mer & Farmers St Bk 100,000 50.000 150,000 100.000 2,200.000 1,500,000 d 200.00 ' 400,000 200.000 Mllw Ooinm'l Bank. Mitchell St State Bk. Nat Bk of Commerce dl .000.000 North Ave State Bk. d 200,000 Northwestern Nat Bk Park Savings Bank- I 200.000 200,000 200,000 200,000 200,000 400,000 200,000 200,000 400,000 300,000 Security Bk of Mllw. 16th Ward State Bk. Sixth Wise Nat Bank State Bank of Mllw. ! ! TeutoniaAveStateBk Vliet St State Bank West Side Bank Wisconsin State Bk. First Wise Trust Co. I 70.336 71,970 70,695 165,459 a 471,691 598,98° 120 131 4.5 Bid. Par. $ 8 $ ' Bank of Nova Sootla 12.000.000 24.000,000 188,158,822 Ask. Per 258 100 cent. 261 10* 20 !0. OOK 200 36 150 20 lot ONTARIO 40 20 30 175 33 20 40 50 Toronto— Per d Bank 20 Can Bank of Comm. 30,000,000 30.000.000 435,494,733 Dominion Bank 7,000,000 9,000,000 10' of Toronto ' Imperial Bank of Can i 6,000,000 9,000,000 7.000.000 8.000.000 87,183,623 cent. 178 163 lOf 171 100 200 204 100 91.75S.586 97,924,001 101 10t 101 136 142 182 168 165 d 174" d 175 20 10' 200 28 ~d QUEBEC d 20 20 55 60 "80" 90" Montreal— d Per Bank of Montreal hi 2 *0 36,000,000 38,000,000 578,717,322 7,000,000 7.000,000 104,963,473 500,000 500,000 3,216,505 Provincial Bk of Can 4,000,000 1,500,000 37,939.420 Royal Bk of Canada J 35.000.000 35,000,000 559,678,013 Banque Oanadienne. Barclays Bk (Canada) WYOMING Dec. 31. Deposits. 50 d d 20 Halifax— * National hums Cross Fund. Capital. I0( 2,485,766 1,305,080 2,336,526 3,379,776 H.158,013 205,332 Reserve d d 786,701 1,223,874 566,223 835,447 1.000.000 100 cent. 100 LOO I0f '117"" 120" 183 187 Sale price. d Unit of the Wisconsin Bankshares Corp. Member of the Northwest Bancorporation. e I Last sale. Cheyenne— Per share. American Nat Bank. Stock Growers N Bk. 250.000 232,775 213,929 300.000 2.809,970 3,821,058 100 . -m-m «• — 100 0 ' x Bonds. BU1. Ask. Allerton Oleve Bldg 0Ha 1945— Certificates of deposit Bid. 1st Biltm-Commodore 1st 7s *34 M&S BIng A Blng deb 6 Ha 1950.M&S 45" 60" 8 30" 45 58 Harrlman Bldg 6s 1951. 65 30 — Lafayette Hotel J&J 35 40 B'way Barclay Office Bldg 6s 1941 38 La Salle Hotel 5 Ha 1940 Lefcourt Manhat Bldg 5 Ha 1941Liggett Bldg 1st 1 h 5 Hi " Lincoln Bldg 5Ha 1953 Broadway Bldg (N Y) 5Ha 1950Bway Mot Bldg (N Y) 88'48.F&A Bway A 38th St Bldg 7a 1945.Bway A 41st St Bldg 6 Ha 1944.. Bryant Pk Bldg (NY) 6Ha'45J&J Budd Realty ds June 1941 6s Sept 1941 Bush Term Bldg lat 5s 1960.AAO Ohanin Bldg 6 Ha 1945 52" 55 70 73 33 41H 24 29 68 s f 6s 1944.. / 82 H Cheaobrough Bldg 6a 1948—A AO 66 2b 35 43" 45" 33 H 34 Sept 15 1935 M&S 6th Ave & 55th St 8Hs 1945 1512 Spruce St m 6s 29 H 80 40 43 Exchange Place Bldg 6a 1938 1st 68 (Brooklyn) Dept of Labor Bldg. Wash. D O— 5 Ha June 1 1932 J&D Detroit Hotel 6 Ha 1932-41-MAS Dodge Bldg 6Ha 1943 Drake (The) 6s 1939 Kdgew Bob Apart 6s '31-"44_A&0 Eighty Fifth Ave 6s 1940 11 West 42d St 6Hs 1945 Eppley Hotels 6Ha 1941 J&J Eqult Office Bldg (N Y) 5s 1952Ferry Sta P O (San Fr) 6a 1934- 44 40 50 65 75 30 22 H 29H 37 26 26 35" 66" 73" 3° / A&O 50 Bway Bldg (N Y) 6a '48-M&B 1600 Walnut 8t (Phlla) lat 8a'47 40 Wall Street Bldg 1st 6s 1958— Fax Det Theatre 6a 1942 A&O 1 Fox New Eng Thea 6Ha '43.F&A 40 35 35 42 12 18 61 Fox Theatre & Office Bldg 1st a f 6Hs 1941 M&S / Fox St Loala Theatre Bldg— lstsf 6Hs 1942 A&O Fuller Bldg (G A F Realty Corp) 1st 1 f 5Ha 1949 -J&J 6a 1944 Fulton-Flatbush Bldg 6a '48.J&J / Certificates of deposit stpd f Ctfs of dep unstpd f Garrett Bldg (Chic; 51931-40 / Gen'l Motors Bldg 6s 1948 George Washington Hotel 6s 1944 Grant Bldg (Plttab) 7a *47—F&A ilH 55 J 12 16H 12 38 38 35 4 15H 24 17 70 35 34H 36 f 6Ha '48 with war. a 5H 45 H 38 52" 53H 45 Lords Court Bldg 5Ha 1942.J&D Louisville P O 5 Ha Jan 11943 J&J Mack Trucks R E Sec 6a 1930-40 55 Madison Clark Bldg. Chic— lat m leasehold 8s'31-'42 M&S15 Manhattan Co Bldg— 1st m & leaseh if 6a '68—M&N Master Printers Bldg 6Ha *46. J&J / Mercantile Arcade Bldg (Los Ang) lstsf 5Hs 1953 J&D Mercantile Properties, Inc— Secsf 6Hb 1946 J&J Minneapolis Parcel P O— 6* July 1 1942 J&J Morton Hotel 1st 6s 1938...F&A Munaon Bldg (N Y) 6H«'39.M&N Nat Hotel or Cuba 6s 1959.M&S Nat Press Bldg 5 Ha I960 A&015 Conv Bros 58 H 59 35 38 50 57 / 57 20 40 35 6H« 1948 38 9 6 Realty, Inc— f deb 6s 1948—-J&D15 27 N Y Athletic Club 6s 1946 1900 Rittenhouse Square 6s 194419th & Walnut Sts 6s Norfolk P O 6s Mar 1 1935.M&S North Station Indus Bldg (Boat) 42 1st m s f 6s 1948 One E 55th St Corp 30 s aaa Office Bldg 1st 8 Ha '48 M&N Postum Bldg 8Ha 1943 M&N 35 43 20"' 50 55 93 38" 42 35 32 38 37 30 17 22" 31 33 90 35"" 6s 1946 Savoy-Plaza Corp 6a 1945—J&I' Deb g 5Hs 1938 J&J* Schulte R E Estate 6a 1935-J&L Without com stk Sevllla-Bllt Hotel 7Ha'37—MAN Shelburn .Inc (AtlOy)6 Hs'40 JAJ - Sherry-Netherland Hotel 5 Ha 548 Shubect Theat deb 6a '42.JAD15 f Sixty-One Bway 5 Ha 1950—A AC Gen mtge 7a 1945 Standard Bldg Corp 6a 1948-AAO Stanley Real Est 5Ha '45 JAD Straus Bldg 6s 1931-1941 State & Wash Bldgs (Chicago)— 1st sink fund 5s 1948ser AJn&S 10 40 16 / 42 35H 35"" 35H 26"" 24" 18 23 62 H 46 64H 48 H 86 73 88 76 55 20 23 15 60 60 10 East 46th Street Bldg 6s 1940Textile Bldg 1st 6s 1958 M&N 21 23 H 41 43 Transp'n Bldg(Ohic)0Hs'41M&N Trinity Bldg 5 Ha 1939 JAD 208 South La Salle St Bldg Corp— 1st s f 5Hs 1958 M&N 2100 Walnut St 6s Tyler Bldg 6s 1953 A&O Un Masonic Temp (Oh) 0H# 1949 Un Post Offices 5H® '35-F&A15 Vanderbilt Ave Bldg Corp— 1st leashold 6Hs 1944—J&J 15 Van Swerlugen Co 0s 1935 F&A Varick St Sta P O (N Y) 6a 1941 Wadaworth Bldg(NY)0a {53.A&0 Waldorf Astoria 1st lien 7s 1954M&S Wanamaker (John)Phila.,£Hs'49 45 52 50 55 62 65 1st & ref 0Hb 1938 1st & ref 6Hs 1948 M&S / M&S / M&S / 63 H 69 Wardman Realty & Construction Deb g 6Ha 1938 M&S Washington Bldg 6s 1940—J&D Westlnghouse Bldg 6s 1931-39— White Motor Realty 0s 1931-40Woodbridge Bldg 5Hs '41--A&0 40 41 Mortgage Participation Ctfs. 70" 72"" '7" i'2~" 18 25 16 35 20 39H Lawyers Mortgage 5Ha 1932 N Y Title & Mtge5H» 1932 5Hs 1933 5Hs 1936 5Hs 1940 35 40 Title Guar 40 50 78 X 84" / 4 95" 97"" 40* 41H 20 20" 45" 16H 32 50 38 65 58 61 11H 97 H 99 12H Wardman Real Estate Properties 1st & ref 0Hs 1931 ...A&O 48 Taft Realty (New Hav) 6s'40A&0 55 n Ask. Sink fund 5s 1948 ser B M&S Stevens Hotel (Chic) 6a 1945.J&J 75 6Ha *45.J&D 56H 111 John St Bldg 6a 1948— 9 165 Broadway Bldg 5 Ha '51 F&A 16 One-Seventy Bway (NY) 8 Ha '49 One West 39th St Bldg 7a 1945— 19H Palace HoceKSan Fr) 6s '45.F&A Param Bway Oorp 5Hs*51—J&J 15 Paramount Theatres 6s 1945.J&J Park Ave Bldg 6s 1941 39 Park Lane Oorp 6Hs 1943 1 40 Park Lexington Co 6 Ha '53—J&J 40 Park Row Bldg 6a 1943 -A&O / 7 Pennsylvania Bldg 6a 1939—M&N / 18 Pitts Hotels Oorp 1st 5H«'48MAJ Pittsburgh P O Serv Station— 1 5Ha Dec 1 1938 J&D 21 47 85 Neisner 35 (Phlla) 1943 17 25 48 65 82 H 75' 10 34 70" 6s 1940 Dallas P O 6a 75 Saks Realty 6s 1931 6s 1932-1945 70 60" Court & Remsen Sta St Charles Hotel (Atl Cy) 6 Ha *45 St George Hotel 5 Ha '32-'43 M&N 25" Without warrants Chelsea Hotel 1st 6s 1945—J&D s 55 23 Lincoln 42d St Oorp— 1st mtge s f 5Hs 1953 Deb 6s May 1 1941 •J&D Real Estate Board Bldg 7a 1946 Realty Assoc Sec Oorp 6s '37.JAJ 6s 1939 jg43 Roxy Theatre 6 Hs 1931-1932—— 0Hs 1935-1940 Russeks 5th Ave Bldg 0s 1944 18 H 43 58 Oh Av Sta P O 5 H» Novl5*32M&N Chic Beach Hotel 6s 1941—JAD 40 20 «... Bid. (Chicago)— 70 35 52 Chrysler Bldg 6a 1948 Cigar Stores Realty Holdings S f deb 5 H« 1949 ser A—J&J Oleve Term Bldg 6s 1941 Colton Manor 1st 6s 1937—J&D Bonds. 25 / 30 39 Bowman-Blltmore Hotels 7s 1934 67 22 18 High bridge Station P O, N Y— 5 Ha Dec 1 1938 J&I Hotel Lexington 6s 1948 Insurance Center Bldg 6Ha 194: 6s 1950—— J&J 60 65 Boston Parcel Post Station— 8-year 6% notes 1931 .. Ask. 70 Boston Post Office Serv Station— 6H» July 1 1938— ~ 35 25" A&O leaseh 5s 1946. m 25 6H 1935 Bonds. 55 21 Barclay Hotel 6 Ha 1945 1 funds. Ex-dividend. Quincy Station P O Allerton 65th St Oorp(NY)5Hs*47 Allerton N Y Corp 5Ha '47-J&J Oonv deb 6s 1942 -J&J 1 Atlanta Post OfTIce 5 Ha 1937 M&S 5Ha Oct Minimum price. t Trust -- 11 90 95 71H 77 95H 96 H 96H 1 &Tr5Hs 1932 5Hs 1933 5ys 1934. 5Hs 1935 8 94 97 94 - —_ 94 94 94 H 95H Dec. 31 Par Capital. 1931. NetSurplus Reserve. Bid. Per Fir* & Marine—* 7.600.000 14,275,207 3.000.000 2,698,033 3.000.000 3,113,920 687,261 750,000 622,124 1,000,000 1,000,000 4,119,597 385,977 100 000 530,836 1,000,000 6.687.480 6,574,038 1,155.000 1.000.000 1,259,277 *42,749 C2.341.750 5.000.000 4,925,294 480,897 1,500,000 1,529,301 1.000,000 3.000.000 6,744,708 602,131 1,000,000 2.000.000 4,970,210 10 (Hartf)-Agrl cultural (Watet n) Amer Alliance 'N Y). Aetna Insur 26 10 10 (NY).. Amer Constitution _ _ _ Amer Equitable (N Y) 20 (Wash'ton) Fire(NYc) 100 20 Amer Colony Amer Fire Amer Home 5 6 (Newark) Amer Phenix (N Y)_- (t) 10 Amer Reserve (N Y). 60 Amer Salamandra—-10 Automobile Ina (Hartf) Baltimore Amer (N Y) 2 ^ 26 Bankers & Shlpp (NY) 100 Boston (Boston) Buffalo Ins Co (Buff) 100 6 Camden Fire (Camden) Carolina (Wilmington, Amer Inaur N.O.) Central Fire 476,844 681,635 10 (Balto)-. 600,000 10 etojre Olty of New York (N Y) 100 10 Colonial States (N Y)_ Oommonwealth (N Y) 100 10 Continental Ins (N Y) Corcoran (Wash'ton). Cosmopoi n Fire (NY) Eagle Fire (Newark). Federal Ins (Jor City) Fldelity-Phenix (NY). Fire Assoc of Phlla— 60 (Wash'ton) Fund (S F). 20 Flremanslns (Newark) Franklin Fire (Phlla). Glen Falls Insurance (Glen Falls N Y)— Globe & Republic 10 Fireman's Firemans 10 10 10 10 10 25 6 826,140 1.000.000 1,500.000 I,304,085 24,779 200,000 1.000.000 2,343,969 19,495,958 16,721,760 332,875 100.000 742,690 200,000 566,253 1.000.000 2.000,000 6,791,533 13.859,299 13,135,441 5,600,000 3,152,096 164,047 200.000 7.500.000 9,930,873 18.795,380 13,510,822 3,000,000 3,036,412 14 ton 15 914 (Providence)— 9 ?* 18* (a) H" 320"" 10 4 10 65 350 10 25 1334 14^ Stuyvesant Fire (N Y, Transport'n Ind (NY! 1634 8 125 "482",839 2;411,430 20,095,632 9,493,985 214,782 13,327,592 9,534,666 5,743,198 63 ,85- 1234 1434 252 1,299,941 2,406,784 3,816,195 689,437 20,319,234 14,258,593 1,913,220 250,668 1,000.000 678,802 1,355,848 1.000.000 709,082 1.000.000 1,200,292 13?* 10 103* (Philadelphia! - 25,345,537 1,809,805 "if* 38 17 34 60 Lincoln Fire (N Y)~». 5 600.000 1,000,000 1,000,000 26 Lumbermen's (Phlla). 5 Majestic Fire (N Y)— 26 Mechanics Ins (Phlla) Mercantile Ins (N Y). 100 10 Merch Fire A«sur (com (New York)--ipref 100 Merchants & Mfra l ire 100 (Newark. N J) Merchants Insurance (Providence) ... Michigan F & M (Det) National Fire (Hartf). National F & M (N J) Nat'l Liberty (N Y)Nat'l Union (Wash).. Nat Union Fire (Pitts) Brunswick Fire (New Bruns. NJ).. New England Fire (Pittsfleld, Mass)-. New Hampshire Fire (Manchester, N H). New Jersey Insurance (Newark, N J) New York Fire New York Hamburg. North River Ins (N Y) Northern Ins Co (NY) Northwest Fire & Mar 60 10 60 2 6 50 250.000 2,152,975 2,670,904 4,150,635 40 1034 0 10 50 (&) 1634 1734 26 ) Gr 1,260,953 1,748,403 19,391,157 105,930 8,480,982 102,177 8,679,335 20 H 22 200.000 3,000,000 1,000,000 7.500.000 1,200,000 l.ooo.oou 7,425,400 2,603,226 3,047,461 1,148,567 751,893 10,184,859 3.500.000 750,020 1.500,000 6.000,000 2,552,820 850,000 1,969,932 3,252,233 6,867,443 1,042,744 2,3Q5,75S 6,650,301 3.200.000 2.500.000 4,697,554 6,775,205 (a) 36,246 1.250,000 818.682 40 ""26" 31 15 18 1 ------ 16H 4H 18 I* 49 54 5 2,929,111 3.000.000 4,127,023 8,609,354 9 1 7H 10>* 40 44 4 6 1X 2j* 8 5 1,000,000 1,859,095 1,096,629 2,776,851 ) (Phila) ——Maryland Oas (Bait). Mass Bonding & I: (Boston)National Oas (Detroi ) 10 2,600.000 5.000,000 828,919 2,991,748 648,223 5 12,209,151 5 9 4,000,000 750.000 4,086,137 27 29 737,664 10 12 National Surety (NJT • New Amsterdam 60 15,000.000 4,000,000 500,000 7,639,739 10,552,643 10 4.500.000 2,500,000 6,172,404 5 875,000 2,184,073 2,217.532 Stand Accident (Mich ! 50 760.000 1.000.000 2.500.000 750.000 822,725 668,167 1,210,305 1,100,000 1,649,418 ! 5 10 6,250,041 2,531,813 10 10.000.000 4,732,260 16,568,710 nitv (Phlla) 14 18 3534 3*4 37 434 10 ..... Manufacturer* <Ncw 4 10 25 10 (Baltimore! 1 t 10J4 — ... ; 10?* 18 f- Accb Preferred OOn.onn ^ ., Public ¥" F 10 .. yorki 15)4 19« Indem: (Newark) Seaboard Surety ( . 1212 (NY)., 4* 338,861 2?* 40 90" 10 15 7 4X iy< 4 Policy "34K '3634 Reserves. Life- ----- ) "434 14 H 27 10 15.000.000 14,075,380 342,968,183 25 15,032.660 6 8 130 140 45 48 9 11 60,883.894 550 650 15 6 Louis) 400.000 397,701 Columbian Nat'l Life 1.000.000 720,987 1,504,763 10 400.000 217,795 369,419 1434 1634 12 18 10 10 2.000.000 3,000,000 500,000 100 1.600.000 6,216,562 10 (Boston) ) wunuduhaj 1,538,332 37,149,334 5,561,032 123,640,902 544,079 14,958,486 10 2.500.000 5.000.000 1,000.000 1.000.000 10 700.000 100 ) ±j; Kansas City Life (Kan 10 3.000.000 8,373,149 4,974,184 3334 3834 20 1.000.000 20 1,000.000 69,823 1,730,427 2,463,812 17 10 590,948 2,695,556 1,713,941 6,165,948 1,758,494 n 26 4,000.000 2,000.000 (a) 8,451,259 3,805,406 6 11 W* 38 10 7 1134 123* 42 . Pan-Amer Life (N O). Phila Life (Phlla)-.. a 19 1,000,000 752,308 622,605 2,000,000 1,000.000 3,127,125 6,218,225 78 1,639,723 1,533,437 621,676 849,832 2,853,320 481,269 11 . - 25 10 25 1.000.000 10 1.000,000 88 18* 60 Western States 100 100 2,000.000 100 20.000,000 1 750.000 3,500,000 73.451,583 1,040,652 139,304.871 127,600 21,213,758 2,289,484 25,464,957 290,149 11,867,984 *31751490 394,104.675 22,313,717 537.068,053 298,305 18,823.231 45 6 13?* io"" 16 12)4 400 500 475 2.50 495 2.95 c 10 1,000.000 *1,000,000 21,422,186 V." v & 320,000 no par shares, c Including 400 shares ao par general management stock carried at $2,000. f All stock owned by tock e Ex-stock dividend, v Ex-rights, t No par value. Q All stock owned by North British & Mercantile Co. ft Last sale, t New stock, 1930 figures. Holding company December 654,647 6,385,697 1,278,237 1,468,733 5 National Surety Co. * 55 400,900 10 . 250,302 1.000.000 440.244 1.000,000 5.000.000 10,159,679 325,346 500.000 4.000.000 2,279,770 350,357 100.000 1,507,953 2,750.000 "I" 1,265,986 6,715,606 Indemnity Amer (New York). U S Casualty 10 (Minneapolis)—... a 10 1234 PC- North wester nNational Occidental Ins (S F)„. Pacific Fire (NY), i.. Phlla Nat (Phila)—. Ind)_. (Hammond, 16 New (Milwaukee) Hi n 20J4 83,996 2,712,454 2,670,904 5 lndiPniia Continental Casualty Oonstltu 123* a* 1,849,096 600.000 1.000.000 3,000,000 II,400.787 1.000.000 1 1.000.000 Consol Ind & Ins (NY ) EmployeruRe-ins(KO Fidelity & Dep (Bait). 21 143,311 64,623 2,028,776 200,0011 10 25 Atner Surety (N Y! Excees Ins (NY) 1,755,914 496,023 25),783 1,117,446 839,365 147,123 626.243 2,152,975 60 . (N Y). Lloyd's Casualty 10 12.000,000 27,670,843 5 1,000,000 1,990,602 Lafayette (New Orl)Liberty (Louisv, Ky). '2)4 1,034,681 3,022,412 138,714 150 Amer Knickerbocker (N Y)_ 452,659 \1,714,835 236,308 305.122 r Amer Reinsur 1434 Hudson Insur Co of Nor 21 190 40 45 1034 222 (Philadelphia) 100 20 160 f Casualty & Surety 7 30 44 28,081,609 17,143,312 932,730 1,007,200 445,596 4,771,405 1,022,074 35,440,876 38,710,887 2,485,125 591,558 1,055,112 16 4 470 100 9 79 69 22 14,732,004 10,066,950 Fire "2l" "23" 50 21 4H 115 110 450 10 25 30 --„ 9,050,140 12,404,590 500.000 2,000.000 10 - Virginia F & M (Rich¬ mond) ' 7 4 1,563,098 J 2,192,922 9|* 4o 1.000,000 20 Victory Ins (Phila) 5)4 8X IS"" Iff" 2 1.000.000 1.000.000 1.000.000 6 150 3H 13 100 "i9iz "20~" 5 3 "215,931 110 135 4 6.000,000 1.000.000 5,034,267 2.000.000 6,000,000 1,349,975 100 7.000,000 (New York) 10 16,300.000 Great Amer Ins (N Y) 750.000 GuarantyFIre (Prov). 2.000,000 Halifax (Hallfax.N.S.) "lo 60 1,000.000 Hamilton Fire (N Y)_ 10 4,000.000 Hanover Fire (N Y)— 10 1,000,000 Harmonla Fire (Buff). 10 12,000.000 Hartford Fire (Hartf). 10 24,000,000 Home (New York)— 1,000.000 10 Home F Jfc M (S F)__. 10 500.000 Homestead Fire (Bait) of Pa 13,838,024 25 9 26 5,028,050 806,036 408,110 1,828,605 7,085,007 St Paul F A M 'St P! 34 10 666,430 4,245,940 11,492,439 894,732 26 ti 315,623 Rochester American 1734 7 Incur (Hud¬ son (NY) Importers Sc Exporters (New York) Insurance Co of State 1,224,943 1,000.000 1,500.000 3,119,921 4.000.000 10,364,343 538,900 1,000,000 2,000.000 2,322,133 46 24 }4 355,747 1,640,465 3,026,702 10 32 243,053 727,406 1,633,944 1,003,252 26 7,244,542 3,333,393 10 250,000 2,000.000 2,000.000 44 4,789,108 2,568,888 (Rochester). Rossialns (Hartford). 17 15 634 4,979,760 "l2y2 893,931 92,112 2,592,756 24.559,657 33,215 8,284,081 1,171,674 366,929 ....... 6 5,287,955 1,235,742 2,412,166 5,274,730 2,242,081 3.000.000 1.000,000 1.000,000 Per Store 10,928.478 10 6 Ask Bid. Washing¬ - 1034 275 : 6,000,000 19,548,552 oo Providence 5,736,570 2,464,131 Globe & Rutgers $ 10 8* 5.000,000 1,000,000 10 Reserve. $ $ Fire & Marine— 10 Voting trust cfcfi--- s Premium 1931. Capital. 10 21,068,136 5,474,692 1,779,423 898,581 274,758 5,181,252 65,347 457,315 13,460,665 1,800,317 Par Ask. Unearned Dec. 31 Unearned Premium NetSurplus 9;. STOCKS INSURANCE 112 /