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BANK
RECORD
■ CO.

U.

S.

FAT.

OFFICE

FEBRUARY IN RETROSPECT
Page

Commercial

and

Financial

Cotton

Events

1

10

—.———

Course of the Stock Market

14

Dividend Declarations

-.13

Federal Reserve Bank—Brokers' Loans .16

Foreign Affairs

5

Page

Hides and Leather

...

Iron and Steel Trade.

...

Money Market
New

-.15

Security Issues

—

Petroleum and Its Products
Rubber

—

....
—

Foreign Exchange

17

—

Textiles

10

—

United

States

Treasury Financing.

12

11
10

10

—

Grain—Coffee—Sugar

9

8

—12

INDEX TO STOCK EXCHANGE QUOTATIONS
Page

Baltimore Stock
Boston Stock

Exchange

......67

Exchange.

.68

Chicago Stock Exchange—.....
Cleveland

Stock

Detroit Stock

64

Exchange

66

Exchange

..60

...

Los Angeles Stock Exchange

64

Page

New York Curb

Exchange

New York Stock

New York Stock

Exchange—Bonds.
Exchange—Stocks.

Philadelphia Stock Exchange

19

—

31

—

61

—

Pittsburgh Stock Exchange
San Francisco Stock

41

—

69

—

Exchange

62

—

INDEX TO GENERAL QUOTATIONS
Page

Banks and Trust

Companies—

v:

■■

:

Page

Municipal Bonds—

Domestic

..100

Domestic

Canadian

..111

Canadian

Exchange Seats...
Federal

Land

Bank

._93

...83

Public

...91

Bonds

Foreign Government Bonds

Public Utility Stocks

...92

Industrial Bonds

.

Industrial Stocks....

-

-

81

...84

...

Insurance Stocks

...

Investing Companies Securities

—

99

...72

Joint Stock Land Bank—
Securities

..91

Mill Stocks—see Textile Stocks-

Mining Stocks

73

78

Railroad Bonds

67

Railroad Stocks

71

Real

Estate Bonds

-112

Real Estate Trust and Land Stocks

84

Textile Stocks

84

Title
..111

....

Utility Bonds..

Guarantee and

Safe

Deposit

Stocks

%.....84

United States Government Securities..91
—

84

United States Territorial Bonds

91

Sf

'ill

Ti'il
u>

lyCazrcii 4,

1938
1

WILLIAM

B.

William

lill




DAHA

COMPANY,

Street, Corner

of

Spruce

PUBLISHERS

Street, New York

\

jgafe Bc^osit and Jrnst Co.
—OF BALTIMORE—

Capital $2,000,000
Surplus and Profits $4,196,364
CINCE 1876 this Company

has devoted itself

Vexclusively to the management

and conser¬

estates—specializing the whole effort
highly trained organization in this business.

vation of
'

of its

companies in the
has never engaged in general
banking, selling securities, etc. Its Directors are:

It

is

one

country

of

the few trust

which

Edwin G.

Baetjer

Venable Baetjsr A Howard

.

Charles H. Babcock.. .Reynolds A Co.
William G. Baker, Jr. -Baker, Watts A Co.
Howard Bruce.

Chairman

.

more

George C. Cutler

of Board of Balti¬

National Bank

_President of
Trust Co.

E.

Asbury Davis.—

_President

Safe Deposit and
of Baltimore

United

of

States

Fidelity and Guaranty Co.

Lyman Delano

.

Chairman of

Board of Atlantic

Coast Line R. R. Co.

Robert Garrett
Norman James

J. Edward Johnston

Blanchard Randall...
Charles E. Rieman—

r-




.

.

_

.

Robert Garrett A Sons

Fresident of James

Lumber Co.

Capitalist
Gill A Fisher

-Pres. of

Western Nat. Bank

BANK/QUOTATION
RECORD
REQ.

NEW YORK, MARCH 4,

VOL. 11

•Bank

The Bank and Quotation

Record is

Terms for the Chronicle

815 per annum within the United States

are

in South

Cuba, and

(except Argentina), Spain, Mexico and

America

$20 in other foreign countries.

Bank and Quotation Record is $10.00

The subscription price to the
a year.

$1.00

Single copies are sold at

Postage outside of United States extra.

continued

work

63

recommended

ture.

cessions to it, they

refused to drop the

basket"),

which

surtax

(Closely held corporations.

on

of

ture

LONDON OFFICE—Edwards & Smith, 1 Drapers* Gardens,

imposes

E.G.

Senate

$800,000,000,

section ("third

new

undistributed

special

a

William

ings

during

of

mechanism

a

of

regulation

of

AND

Exchange

FINANCIAL EVENTS

The

of the

enactment

Administration's

hours

farm and housing

legislation and

attempts to clarify its economic poli¬

cies in dealing with the present business recession were the

law

the

with

after

past month.

its

the

in

of

action

that at the request

a

the

bill.

Chair¬

Corporation, announced

of President Roosevelt the

Commission.

measures,

Consideration

of

Securities and

two

special

session

National

1934,

last

the

and

year,

started

by

the

on

standards of

wage

Labor

House

the

during the

based

other

Recovery Administration code

was

and

wage

resembling that passed by the Senate

one

and recommitted to the House Labor (Committee

Committee

on

24.

Feb.

Feb. 3,

on

on

of the measure, Jesse H. Jones,

passage

10

became

measure

congressional

of the Reconstruction Finance

Feb.

activities

governmental

The housing

by President Roosevelt

approval

completion

Following
man

on

developments

important

more

during

The

over-the-counter

brokers and dealers, under supervision of the

REVIEW OF FEBRUARY—COMMERCIAL

expendi¬

month.

the

the Maloney bill, which provides for the establish¬

on

ment

held

were

profits

Hearings on the Ad¬

Banking and Currency Committee conducted hear¬

WILLIAM B.-DANA

COMPANY, Publishers,
Street corner Spruce Street, New York

struc¬

in the present tax

changes

Although the committee approved of five minor con¬

ministration's naval bill, which calls for increased

per copy.

CHICAGO OFFICE—208 South La Salle Street.

the

important

on

The House Ways and Means

Committee held hearings on the report of its subcommittee
which

and U. 8. Possessions and Territories; $16.50 in Canada; $18.50

committees

legislation during the month.

of the companion publications

one

1879.

NO. 3

1938

Congressional

Quotation Record

and

•f the Commercial & Financial Chronicle and is issued monthly.

and Central

OFFICE

PAT.

1928, at the Post Office at New York, N. Y., under the Act of March 3,

Second Class Matter, March 9,

as

8.

COMPANY, in office of Librarian of Congress, Washington, D. C.

Copyright in 1938 by WILLIAM B. DANA
Entered

U.

than

More

Nation

500

convened

executives

in

smaller

of

Washington

on

business

of

the

Feb. 2 at the instance

of President

Roosevelt, and, after heated sessions, 23 recom¬

mendations

were

submitted

President

the

to

Feb.

on

4.

Following the presentation of the recommendations, White

RFC had organized "The National Mortgage Association of

House officials intimated that the President thought some

Washington,"

$10,000,000

of

paid-in surplus of $1,000,000, in order to complete the

he

and

with

paid-in capital

a

stock

of

machinery for making available immediately the facilities
and benefits of the

With

action

Federal housing law.

new

been

having

completed

by

signed the farm bill

Feb. 16.

on

the

House

on

it calls for

benefit

conserve

and

make

the difference

up

of corn,

increase

soil

for

payments

fertility;

is called

practices

parity

payments

power

these products would have commanded
War,

pluses

off the

loans

when

market

designed

prices

storing them for future lean years.
his

that the

the

signing of

additional

authorized

revenues

Manifesting

Congressman
on

cost

sur¬

relief

of such legislation,

concern

over

the

effects

Speaker

during

the

projects during the fiscal

supporters

Other

of

the

New

Progress

Administra¬

fiscal

behalf

was

on

The

year.

of

carry out

the
was

WPA

passed

Feb. 23.

its

up

the $250,000,000 emergency

action

Senate,

of

on

Congress

included

the

Feb. 16 and by the House

Secretary

The bill would

assets"

from

early relief expenditures

President Roosevelt

on

Feb.

4

signed

by
the

resolution making appropriations available for the
adminis¬
tration of the

Administration's

the

18

Feb.

on

issued

statement prepared

a

System,

and economists

of various
a

prices

for him

"balanced"

which

would

promote

a

executive

de¬

"balance" of commodity

expansion

of

production and thus increase income and employment.
In his remarks to

reporters, when issuing the statement,

the President ruled out inflation and further dollar devalua¬

tion

as

methods by which he would bring about a readjust¬

of prices.

ment

Incidentally, the statement, in seeking to

Sugar Act of 1937.




sarily being aimed at.

between
of

the

Secretary

announced

country

Morgenthau,

on

Feb.

Chairman

System

and

Marriner

other

11, the Treasury

on

fiscal

Feb. 14

revision of its gold sterilization program, retro¬

a

active to Jan.
this

to the nature of the confer¬

as

Reserve

Federal

officials which started

few

r

Terminating speculation

1, to the extent that only gold which enters

over

and above $100,000,000 in

any one

quarter

will be sterilized in the future.

The

abandoned by

15, authorizing the cancellation by the

Deal.

Reserve

ences

permit the RFC to "write off" about $2,700,000,000 carried
the

of

partments, in which he called for

letter

a

Feb. 21 when the Senate de¬

on

,aside to take

"recoverable

RFC lending

Eccles, Chairman of the Board of Governors of the Federal

Eccles

of the Treasury of obligations of the RFC.

as

resume

by Secretaries Morgenthau, Wallace and Perkins; Marriner

appro¬

Feb. 16 and by the Senate

passage of a bill by the

Feb.

clarification

attempted

President

recom¬

ending June 30

year

Wagner-Van Nuys anti-lynching bill

on

some

business.

an

$250,000,000 be

present

recommendations

resolution.

in

Feb. 18 in directing

heretofore conflicting pronouncements on price policies, the

of the House,

additional

an

in

relief

and

employment, the President in

the

cided to lay it

In

the President

Council

neces¬

$250,000,000 to

Administration

warned

increase

on

Jones, Chairman of the RFC, to

aid

to

That
the

a

Bankhead,

on

of

respects, declared that the "1926 price level" is not

Administration's bill appropriating

by the House

advice

the

would be needed to give it full effect.

Feb. 10 that

President's

possible of fulfillment, but

clarify the Administration's price policy in at least

on

projects

Jesse

low,

statement issued

President Roosevelt

priated to help in financing Works
tion

a

and

impracticable.

as

that

increased

business recession
to

the bill,

the

keep

exceedingly

are

In

before

to

provisions for "parity" payments would

present

mended

to

wheat, rice, tobacco and cotton, and the purchasing

World

with

that

between prevailing market prices

and commodity

others

anxious to follow

was

The Act, which is desig¬

Adjustment Act of 1938,

the most comprehensive system of crop control in American

history;

constructive

were

regarded

respects was indicated by his action

,Feb. 9, and by the Senate on Feb. 14, President Roosevelt

nated the Agricultural

them

On

the

last

of

day

Court handed down

a

the

month

number of

(Feb.

28)

the

decisions, in

Supreme

one

of which

it upheld the power of the National Labor Relations Board
to

order

the

disestablishment

of

company

unions

of

the

Pennsylvania Greyhound Lines, Inc., and the Pacific Grey¬
hound
tion

Lines, Inc.

of

a

lower

On the
court

same

which

Milwaukee meat shops.

day it vacated

had

injunc¬

an

prohibited picketing

The Supreme Court also

on

dismissed the appeal of employees of the New York
Transit

Corp.

against

a

closed

of

Feb. 28

Rapid

shop contract between

the

corporation and the Transport Workers Union of America.
Other of the
were

a

more

important of the Supreme Court rulings

unanimous decision

on

Jan. 31 holding that District

not empowered to

are

the

which
smallest undertakings to
between %% and 1% on large ones.
The premium on all mortgages will
be levied on the diminishing balance of principal and not on original face
value, which constitutes a major change from the present Act.
The revised Act also provides that premiums assessed against old insured
at

Labor Relations Board inquiring

National

against $836,061 of reinsurance premiums written in Con¬
necticut on California policies was upheld; and a unani¬

holding that a State can constitutionally
limit the width and weight of interstate automobile trucks
decision

mous

Roosevelt

Congress Passes

President Roosevelt

Arminis-

Feb. 16 signed the new

on

$440,000,000 farm bill [known as the Agricultural
Adjustment Act of 1938], and officials of the Department
of Agriculture immediately made plans to put the new cropcontrol law into operation.
Passage of the bill in compro¬
mise form by the House of Representatives occurred on
Feb. 9 by a vote of 264 to 135.
The Senate approved the
compromise version on Feb. 14 by a vote of 56 to 31.
Presi¬
dent Roosevelt, in a statement issued as he signed the
measure, assured that it would be put into operation as
quickly as possible. At the same time he warned that if all
benefit payments specified in the bill were to be made, a
tration

fund

the

In this refer¬

available for administration of the measure.
it

ence

made

and

for soil conservation

allotted

than

additional revenue other

from

be created

must

$440,000,000

assumed that the President meant the enaction

was

mutual

a

taxes on certain commodities—notably wheat
and cotton—listed under the new law.
of processing

The bill went to conference after it

passed the Senate on

from

the

of

action

House

at the

came

end

the

No member

permitted to change any section of the bill which a joint Senate-House

was

drafted

committee

from

separate

measures

which

Senate

the

and

House

passed at the end of the special session of Congress last December.
The

work.

Continuation

1.

with

Controls

2.

grower

3.

of

farmers

the

for

in

voting

beyond

crops

Although

used

tobacco,

cotton,

Secretary Wallace

withdrawn

Acreage

4.

soil

who
con¬

crops.

of

amount

if

fanners

substituting
rice,

or

corn

wheat

that protective

estimates

a

sup¬

heavy fines for sale of above-quota
The quota scheme becomes inoperative, however, if more than

production.

dairy feed

the

on

to

payments

Agriculture in

of

referendum reject it.

a

soil-depleting crops may
farmer's normal needs.

from
a

not be used

for

is placed on the amount of money that can be
program, Administration sponsors say it will not cost

limit

no

new

$500,000,000 which has been appropriated recently for other

more

than the

farm

programs.

A

6.

It

announced

was

starting

for

wheat

a

crop

The signing by Federal Housing Administrator
McDonald of the charter creating the National

$1,000,000.
Stewart

Mortgage Association was made known on Feb. 19.
The
directors of the Association are: C. B. Henderson and Emil
directors of the RFC; Robert Y. Fleming, Presi¬
National Bank, Washington, D. C.; Claude

Schram,

dent of the Riggs

Individual

7.

Machinery

organization of "The National Mortgage Association of

benefits

and

in

invest

The

the

of

first

sell

set

up

markets

and

be

to

established

in

four

sectors

of

the

country.

Adoption by Congress of Conference Report—Lodge "Prevailing

President

report on the Administration housing bill,
signed the bill on Feb. 3.
Final congressional

the

the

or

of

40;

on

House without

a

Jan. 21 the report was agreed to by
record vote.
The measure was sent

to conference on Dec. 21

last, after its passage that day by

Senate, following its adoption by the House on Dec. 18.
Agreement by the conferees on differing provisions of the
two bills was reached on Jan. 20.
A bitter contest developed

the

Roosevelt

President

also would

to encourage new home building and

banks

from

participating in the program.
In the Senate, where the conference report was adopted
on Feb. 1, all party sectional lines were wiped
out in the
dispute over and final agreement to exclude the "prevailingamendment."

in its

Washington advices, Jan. 20, said, in part:
for

a

as

As agreed on

for the small crop loans.

of

$3,000,000,000

predecessors, which

undertakings,

it will put

small

and

houses




a

also

dividend corporations up

Cancel

Obligations of the RFC—House Also Passed Bill Fixing Per ma*

Capital of Commodity Credit Corp. at $100,000,000

nent

Senate have passed a bill spon¬

Administration authorizing the cancellation
by the Secretary of the Treasury of obligations of the Re¬
construction Finance Corporation.
The bill would permit
the RFC to "write off" about $2,700,000,000 carried as "re¬
coverable assets" from early relief expenditures by the New
sored

the

by

which added:
The

Treasury
About

of

to

The

and

Jesse H. Jones In view

carrying the expenditures

on

balance

the

to

went

reduces

fund.

general

Treasury'6

the
also

advanced to the Works Progress
other emergency agencies Bines

money was

provided that any repayments of the loans to RFC ars

measure

bill

number of

the

RFC

directors from

seven

to

five.

only five posts now occupied.

are

The bill

Senate

RFC Chairman

bookkeeping practice of

as

into

go
The

There

the

recoverable.
$1,600,000,000 of the
books

Administration
1932.

requested by

was

measure

criticism

of

on

Feb.

was

passed by the House on Feb. 15 and by the

Feb.

15

16.

There

was

also

House

the

roll call in either case.

no

passed

bill to maintain the

a

Commodity Credit Corporation's capital at $100,000,000 and

borrowing power up to $500,000,000.
on Feb. 16, Senator Vandenberg indicated
follows the list of the items included in the $2,700,000,000

giving it

In the

a

Senate,

"write off":
The items covered in this bill,
funds expended for

exclusive of $1,800,000,000 that represents

relief and for relief purposes only are

as

follows:

$124,741,000 represents the capital stock of the home-loan banks;
$200,000,000 the capital stock of the Home Owners' Loan Corporation;

$2,600,000
stock land

loans

is

made

the

by

Bank

Land

Commissioner to

joint-

Farm Mortgage

Corpo¬

banks;

$200,000,000

the

capital

$40,500,000 represents
to

Credit

create

a

of

stock

the

money

Federal

of

to

were

mortgages
confined in

made

for

scope to

housing

con¬

relatively small

large government guarantee behind mortgages
those
a

by limited
value of $5,000,000 for single operations.
financing housing

operations

advanced to

revolving fund used in

part

the Farm Credit Administra¬
to

loans by the Secretary of Agriculture;

crop

capital

for

stock

of

Credit

Commodity

$10,000,000 for capital stock of Disaster Loan
$7,500,000

$10,000,000
create

establish the Production

Corporations;

$115,000,000 for

$97,000,000

maximum

Unlike its

conference.

to

sent

was

House and Senate
on Jan. 28, and in form thus agreed to was signed by the
President.
In indicating the amount of the appropriation
involved, Representative Taylor of Colorado, one of the
conferees on the part of the House, stated that $39,750,000
was for payments in connection with sugar and $34,000,000

tion

rewritten in conference will make available Federal insurance

struction.

on

it

ration ;

Detailing the provisions of the bill the "Times,"
The bill

resolution mak¬

by the conferees, it was adopted by the

as

wage

of which

result

plaining, according to Washington advices to the New York
"Journal of Commerce," that they thought inclusion of such
a
limitation in the bill would work against aims of the
deter

for

Resolution Making Appropriations
of 1937

Signs

administration of the
Sugar Act of 1937 and for crop production and harvesting
loans.
The resolution passed the House on Jan. 21 and on
Jan. 26 it was passed by the Senate in amended form, as a

inserted in the bill in the
Senate requiring that the prevailing wage shall be paid on
all construction work undertaken under its provisions.
The
amendment was eliminated in conference, the conferees ex¬

program

National Mortgage Association

Administration of Sugar Act

On

the so-called Lodge amendment

on

of other national mortgage associations,

increasing the capital stock of "The

for

Washington."

legislation occurred on Feb. 1, when the con¬

report on the bill was adopted by the Senate by a

of 42 to

vote

requested that we hold in reserve an additional

$40,000,000 for the capitalization

of the conference
the President

ferees'

against them.

also

has

Deal, said United Press accounts from Washington, Feb. 16,

Wage" Amendment Dropped

Following the adoption by both the House and the Senate

on

new

mortgages

debentures

its

Washington"

immediately the facilities
Federal housing law, and this Association will
insured by the Federal Housing Administration
making available

for

machinery

the

In his

10 Mr. Jones said:

announcement of Feb.
The

of the RFC.

assistant to the Chairman

Costello,

Both the House and the

$10,000.
by which Secretary Wallace can try to develop
for
the Nation's major commodities.
Research

President^Roosevelt Signs Administration Housing Bill Following

action

General Counsel of the RFC, and W. C.

Hamilton Jr.,

E.

insurance

payments under new Act will be limited to

0.

uses

paid-in surplus of

paid-in capital stock of $10,000,000 and a

Authorization for the creation of a $100,000,000 corporation to

laboratories

Finance Corporation, that at the re¬

quest of President Roosevelt the RFC had organized "The
National Mortgage Association of Washington," with a

provide insurance for other crops.

new

Feb. 10 by Jesse H. Jones, Chairman

on

of the Reconstruction

Congress Passes Bill Authorizing Secretary of the Treasury to

appropriation

$20,000,000

program.

Washington-—Com*

Facilities of New Federal

Housing Act

ing appropriations available for the

dangerously high, with

plies will be
one-third

Department

market

may

Act

Conservation

Soil

of

the

for soil-depleting

crops

Association of

pletes Machinery f or Making Available

On Feb. 4 President Roosevelt signed the

principal provisions of the revised bill follow:

serving

dividend company operations.

for limited

Formation of National Mortgage

apply marketing regulations to wheat, corn, cotton, tobacco and rice.

cooperate

family dwellings qualified for

by individuals or regular corporations,
insurance of 80% of value of
The limit rises to $5,000,000 under the same con¬

to $200,000 and provides for

chinery by which Secretary Wallace, with the approval of farmers, could
The

insure up

*

would continue the Soil Conservation Act and set up ma¬

program

may

built

when

insurance,

completed

ditions

of four hours of debate under

procedure which many Republicans described as a "gag rule."

fund which

50% if authorized by the President.
of the bill, as compared with the old National Housing

$16,000

and

The

rates.

for establishment
to $2,000,congressional authority, with the right to increase

insurance

Act, advances the limit of value of multiple

advices from Washington said:

Dec.

on

the

on

section

new

completes

and the House

17,

mortgage

total by

10.
The newly-enacted
measure provides
for control of production of five crops,
viz., cotton, wheat, corn, tobacco and rice, with a view to
stabilizing prices.
Under date of Feb. 9, Associated Press
Dec.

"premium charge,"

plus annual

1% of the principal

of

000,000 of mortgages on
that

mortgage

Compromise Measure

6%

rate of

interest

^4

approved by the conferees, the revised bill provides

As
of

A

New Farm Bill After

Signs

from

mortgages shall be brought into line with the new

passing through its territory.
President

uniform

a

varies

State tax on insurance premiums

2.6% California

designed primarily to make available ample funds for housing

The bill is

enjoin hearings held by the
into alleged un¬
fair labor practices by companies subject to the Wagner
Labor Relations Act; a decision in which the protest of the
Connecticut General Life Insurance Co. against assessment

Courts

of

REVIEW

MONTHLY

2

a

for stock of regional
was

mutual

advanced

to

agricultural

the

mortgage-insurance

Federal
fund

;

Corporation;

Corporation;
credit corporations;

Housing

$15,000,000

Administration
for renovation

to
and

March, 1938]
modernization

loans

MONTHLY

and

insurance

by

FHA,

of establishing and operating the

expense

$16,000,000 for

and

new

FHA, and

4.

Senate Laya Aside Anti-Lynching Bill—No Further Debate on Meat"

the

urge

encouragement of the

We ask that

faithful

rations.

3
of private capital

in

employer and employee alike be held responsible for the

observance

of

We urge that

balanced

as

soon

mutual

labor

agreements.

governmental expenditures be curtailed and the budget

possible.

as

Expected at Present Session

ure

investment

enterprises.

3.

of operating regional agricultural credit corpo¬

expenses

We

2.

the

for

$32,600,000

REVIEW

Nuys anti-lynching bill was abandoned
by its Administration supporters on Feb. 21 when the Sen¬
ate, by a vote of 58 to 22, decided to lay it aside to take

As to the recommendations, White House officials were
reported as stating on Feb. 4 that the President thought a
large majority of them were constructive and possible of

the $250,000,000 emergency relief resolution, thus ending
30-day filibuster by Southern Senators which had blocked
legislation during the present session except for the adop¬

fulfillment.

The Wagner-Van

up

The

a

and

tion of the Farm and Housing measures.
Senator Wagner
said later that he would again press his fight for the anti-

lynching

at

measure

half

a

the

conference

two-day

One
small

future

The Associated Press also said:

recommendations

of

.

the

...

"little

fellows"

recommendations

business

to

men

read

were

.

consult

President

at

hour

an

Chairman of

Cleveland,

permanent Advisory

a

the

of

business.

of

for

was

with

the

to

by Chairman Fred Roth

session of

Council of

government.

time, but it was not
believed that it would again be the subject of extended de¬
bate during the present session of Congress.
The motion to

Secretary Stephen T. Early told newspaper men after the White House
meeting that the President personally did not want to name such a commit¬
tee, but asked Mr. Roth and his colleagues to advise with Secretary Roper

shelve

with

the

Leader

some

anti-lynching bill

offered

was

Barkley who, in asking that the

by

Democratic
be laid

measure

aside, explained that there appeared to him to be no chance
of obtaining unanimous consent to limit the anti-lynching

The
tion

argument to one hour, had been defeated.
defeat of the anti-lynching bill was seen by con¬

gressional leaders

against

The

46.

was

vote

invoke

cloture

was

42 and

Defeat of the first cloture motion in

tion with this bill

by the Senate occurred

motion by Senator

rejected by

was

to

on

Feb.

on

While

ending June 30.

year

The House passed

16 by a vote of 353 to 23.

Press accounts from
is

the major

elimination

denied

Washington

changes in the

by the Senate of

relief to

that

Following the

aliens who

on

measure

House

a

have not filed

Feb. 23 said:

adopted by the two chambers

amendment

which

would

will

The

application for first naturaliza¬

amendment

an

by Senator Lewis B. Schwellenbach

over

12-month

a

In earlier
from

period.

appropriation

Approximately $500,000,000 of the original

Senate sessions efforts to increase the amount

the

$250,000,000 asked for by President Roosevelt on
Feb. 10, in his letter to
Speaker Bankhead, were defeated.

bill

so

the

cost

Feb. 23 sought to amend the

on

to force most communities to contribute

as

letter

my

it

is

25% to

employment."

heretofore

of

you

Oct.

wish that

my

which you

to

increase

or

have

we

to

The

18

made

permit

credit

make

you

In

lending

your

loans

emergency

available to

of
all

authorized to lend, especially loans

are

employment.

statement issued

by Chairman Jones,

ing the managers of
that

qualify under

increase

employment.

While

Act,

stating

than

more

especially

and

This includes all

that the

000,000 for loans,

$200,000,000

Feb. 18, with

agreement
was

to

House

the

today,

instruct¬

we are

maintain

will

or

little and big.

$1,500,expect

not

$300,000,000 would be used.

or

Committee

Ways and

revision

following

week.

House

the

by

on

26

Feb.

would be reported

measure

by

MeanslCommittee

bill

announced

was

indicated that the
the

that

that he did

said

the tax

on

loans

types of business,

Tax Revision Bill Completed by House

when it

of

RFC has approximately

Mr. Jones

Ways and Means

me

32 loan agencies to accept applications for loans

our

our

reading of the 334-page hill

remains.

Senator Austin of Vermont

increase

or

In connection with the President's letter to

have

(Bern., Wash.), calling for repeal of the Woodrum amendment to the 1937
Relief Act, which provides that the WPA must
distribute its available
funds

modifications

maintain

Final

The Senate also added

accordance

respect to the above, said, in part:

tion papers.

$1,500,000,000

maintain

deserving borrowers
,

Senate action, the bill was returned to the House for con¬
in the Senate amendments.
As to these, United
of

the

character,

currence

One

will

on

during the fiscal
the bill

that

various

Feb. 23, by a vote of 67 to 1, passed the
Administration's bill appropriating $250,000,000 to
help in
financing Works Progress Administration relief projects

In

President's letter said:
authority since

Congress on $250,000,000 Relief Bill—Emergency
Appropriation for WPA Asked by President Roosevelt

Senate

loans

connec¬

Jan. 27, when a

Action®by
The

Washington earlier in the month.

the 32 loan agencies of the Corporation had been instructed
to accept loans "that qualify under our Act, and especially

that

of 51 to 37.

in

instructions, Jesse H. Jones, Chairman
of the RFC, announced on Feb. 18 that the managers of

Neely of West Virginia to invoke cloture

a vote

resumption of lending activities by the Reconstruc¬
Corporation was authorized on Feb. 18 by

with the President's

bustering which opponents of the measure have conducted
for the past six weeks, in an effort to
prevent a vote on the
bill.

Outgrowth of Small Business Men's Con¬

as

Finance

ence

time rejected an attempt to invoke cloture and to halt fili¬

actual

up.

President Roosevelt, the President's action, it is assumed,
having been inspired by the small business men's confer¬

Feb. 16, when the Senate for a second

on

setting it

ference

Senator's

Virtual

to

Action Regarded

debate and said he had done all he could to get a vote on it.
He noted also that two motions to invoke
cloture, limiting
each

view

a

Resumption of Loans by RFC Authorized by President Roosevelt-

Completion

of the
made

the committee was

known on Feb. 21, when it approved what is termed a
Treasury sanctioned compromise of the "third basket" tax

imposed
the

closely held

on

corporations

under

1-B

Title

of

bill.

On Feb. 24

Representative Vinson, Chairman of the sub¬

what similar change had been

committee of the House Ways and Means Committee, which
drafted the bill, stated that the highest tax applicable to

who

any

of

WPA projects in

cash

or

materials.

A

some¬

attempted by Senator Bailey,
introduced an amendment to require cities to
provide
25% in cash unless the President found that certain local
communities

unable to pay that much.
Feb. 22, by a vote of 53 to 22, defeated an
amendment sponsored by Senator Bone to increase the
ap¬
propriation from $250,000,000 to $400,000,000.
The
were

The Senate

also

Senate,

Feb.

on

Sdnator

on

22, rejected, by

Hale

reduce

to

voice vote,

a

an

the

amendment by
to $200,000,000.

appropriation
The House, before
approving the bill on Feb. 16, rejected
proposed amendment

which

would

have

increased

the

a

20%.

President

Twenty-three recommendations
dent Roosevelt
ness

men's

on

were submitted to Presi¬
Feb. 4 by a committee of the small busi¬

conference,

which

opened

in

Washington

on

Feb. 2.

Called by Secretary of Commerce Daniel C.
Roper,
at the direction of the
President, more than 500 executives
of

smaller

businesses

of

the

Nation

were

invited

to

par¬

ticipate.
one

Among the recommendations to the President was
advocating "the establishment of a permanent Advisory

Council

for

small

representation."
fication

business

ernment

and

with

equal

regional

Repeal of the undivided profits tax, modi¬

of the capital

Securities

interests

gains tax and of regulations of the

Exchange Commission, curtailment of

expenditures and loans to business

are

the

among

recommendations, which follow in part:
1.

A.

In

matter of

Enable

necessary
B.

the

Set

the

finance,

American

we

make these

E.

Vinson

$5,000 would
for

tions

said,

corporation

any

is 14.1%,

while

12%% at the most.

pay

property

depreciation,

A

he

banking system to make insured loans for

all

with

those

$25,000

earnings of

with

net incomes

up

to

provision for permitting deduc¬

allows

continued,

"very

material

relief."
"This

tax

closely held

on

or

family corporations—called the 1-b tax—is

generally misunderstood,"

he said.

of

applied

income

net

income

second

to

which

and at

it

no

is

"While

time would

it

possibly be what

20% tax."

Hearings

on

the rate is

is materially reduced

20%, the amount
the original

from

folks consider

some

1

the bill before

House committee

the

were

concluded on Jan. 25.

Joseph P. Kennedy Sails for England to Assume Post
States Ambassador

Joseph P. Kennedy sailed for England
United States liner Manhattan to
Ambassador

to

as

United

Great Britain

to

on

assume

his

Feb. 23
new

on

the

duties

as

Great

Britain, succeeding the late Robert
W. Bingham, whose death occurred in Baltimore on Dec. 18.
Mr. Kennedy was nominated on Jan. 7 by President Roose¬
velt

as

Ambassador to the Court of St. James.

confirmed the nomination
new

duties Mr.

Kennedy resigns

States Maritime Commission.

on

Before

Feb. 18.
his departure for

the President

The Senate

In taking

over his
Chairman of the United

as

His letter to President Roose¬

tendering his resignation

public

13.

Jan.

on

from

that office

London

President Roosevelt at his Hyde Park

recommendations:

up

a
are

government agency to render this service wherever financial
unable

Modify Securities and

amount

of

exemption to

protection of

Emory

S.

had been staying for a

Land Appointed

Commission—Succeed

or

unwilling to function.
C. Modify the capital
gains tax to give the taxpayer credit for iosa
against years of gain.
I
D. Repeal the undivided profits tax.
the

Mr.

Associated Press accounts fur¬

top rates.

new

was

made

Mr.

Kennedy visited
(N. Y.) home, where
few days.

purposes.

institutions

for

Thus, he said,

less,

or

velt
gov¬

The biggest
bill for ordinary corporations is
there is a 40% differential between

new

ther quoted him:
The highest tax proposed for

a

Conference of Small Business Men Held in
Washington at Instance
°f
President Roosevelt—'Twenty~three Recommendations
to

proposed in the

the old and

ap¬

propriation to $400,000,000.
Except for the House provision
aliens, the bill was favorably reported by the Senate
Appropriations Committee on Feb. 18.

on

corporation under existing law is 32.4%.

rate

investors.




Nominated
years

Exchange Commission's regulations to increase
$500,000, but require reasonable information

as

Chairman

Joseph

P.

of

United

States Maritime

Kennedy—Max

O.

Truitt

Member of Commission

Appointment of Rear Admiral Emory S. Land, a member
States Maritime Commission, as Chairman
succeeding Joseph P. Kennedy, new Ambassador to Lon¬
don, was announced on Feb. 18 by President Roosevelt.
The President on Feb. 21 nominated Max O. Truitt, C# eral
of the United

MONTHLY

4
•

EEYIEW

Commission for the remainder of the

weight

The Senate confirmed the nomination on Feb. 23.

Kennedy.

Re-Insurance Premiums

which it
The

taxed

1,

carried

was

The

Connecticut.

company

had already

tax

on

a

Court

The

carried
privilege granted by the State."
done,

business

property,

company

said

that

transactions

or

to the reinsurance

or

had

California

discharging

no

or

privilege

not dependent

or

of

the

to

been

Federal

Constitution.

Two

to

decisions

other

Justice

which

Jan. 31, in

Supreme Court,

sole dissenter, were referred

the

follows in United Press accounts:

as

Justice Black

in

reinstatement

dissented

also

reconsider the

must

the

of

Black was

action of

claimed she
Black

entitled to

was

held the

a school teacher, seeking
Teachers' Acts of 1927 and

Dorothy Anderson,

permanent post under the 1927 law.

Justice

invaded Indiana State rights.

majority

Senator

The former Alabama

Indiana courts

contract was not renewed under the 1933 Act,

a

fringed in these patents.
parts

in general

were

use

Are Not Empow"
Enjoin Hearings Held by NLRB Under Wagner Act

ered to

Court on Jan. 31, ruled
unanimously that Federal District Courts are without au¬
thority to enjoin hearings conducted by the National Labor
"Relations Board inquiring into alleged unfair labor procUnited

Tbe

States

Supreme

subject to the Wagner Labor Relations

tices by companies
The

ruling grew out of legal action brought by Bethlehem

Va., Shipbuilding

and Newport News,

Shipbuilding Co.

in

Commission

Railroad

decision by which the Court upheld the Texas
rate case involving gas consumers in Laredo,

a

Justice Black challenged the reasoning of some of his associates
accused them of usurping authority denied them by the Constitution.
Tex.,

Pierce Butler.
.
.
was rendered by a vote of

6 to 2, with Justices

decision

Court's

The

and

filed by Justices James Clark

Equally bitter was the dissenting opinion

McReynolds and Pierce Butler dissenting.
Seven-Month Strike of Seattle "Star"

"Star"

settled

was

on

Employees Ends

of the Seattle
Scripps League of

employees

of

strike

seven-month-old

A

Feb. 4 when the

announced a one-year agreement with the
Newspaper Guild, providing for reinstatement of
all strikers at the same wages as of July 2, 1937, the day

Newspapers
American

except that after three

Guild called the strike,

before the

of those receiving
The contract with the Guild did not

months the management will discuss pay
less than

$25

week.

a

five-day, 40-hour
week to 15 weeks
to 10 years' service or more. The National

&

week, with dismissal pay ranging from one
for

employees up

Publishing

Both
labor

sought

action

enjoin Board

to

on

complaints

of alleged

practices at their plants on the ground that they operated

intrastate

thus

and

commerce

were

the

not within

District

Federal

Massachusetts

The

of Appeals

Court

Board's

the

and

unfair

solely in

jurisdiction.

First

Circuit

Court

The

Board.

Bethlehem

after

vehicle

the

as

Under its terms, all strikers
activities will be brought to

but it

position,

of the

used

Federal

of

power

Justice

President
in.

Reed,

Foreman

by

read

was

Louis

Roosevelt's

D.

Brandeis

second

shortly

appointee

to

No

change

made

is

"Star"

The

management

Upholds Law Limiting

Supreme Court

Consumers in Laredo,

from Other Justices in Cases Affecting Gas

Texas, and One Regarding Instructions by Lower Court to Jury

Supreme Court, in a unanimous ruling,
Feb. 14 that a State can constitutionally limit the

The United States
on

width

and

weight

of interstate automobile trucks passing

Justices Cardozo and Reed did not

through its territory.

participate in the decision, which was read by Justice Stone.
The Court sustained a South Carolina statute limiting truck
widths to 90 inches and gross

weight to 20,000 pounds, thus
nullifying a decision by a three-judge Federal court, which
had enjoined enforcement of the law.
The Department of
Justice, which intervened
law

was

an

the case, contended that the

in

"unreasonable burden"

on

interstate commerce.

Associated Press Washington advices of Feb. 14 summarized
the opinion as
Justice
forbid

not

to

0,

follows:

regulation

set

opinion,^ declared the Constitution does
by

up

Sout^i Carolina.

Stone

said

the

constitutional

grant

of

receive

to

are

total of

a

to

Congress

to

commerce.

He said it had been

"the

regulation

state

commerce,

of

lower

interstate

recognized that there

were

matters of local concern,

which unavoidably involves some regulation of inter¬
which, because of their local character and their

but

number and diversity,
Trie

court

hauls




provide for

not

a
,

$29,479 in back pay.

may never

found
were

that
96

be fully dealt with by Congress."
85% to 90% of motor trucks used

from

inches

wide

and

weighed,

Crucible Steel Co. and in Seattle, Wash.,

and Portland,

,

Ore., Ended

important strikes throughout the country reduced
minimum recently, several of the largest walkouts were

With
a

settled by

agreement.

On Feb. 2

a

week-old strike of 500

employees of the Crucible Steel Co. at Jersey City, N. J.r
ended when
the
Steel Workers
Organizing Committee,
affiliate of the Committee for

Industrial Organization, an¬

had agreed to reinstate most of
discharged three weeks before as an

nounced that the company

150

the

workers

Settlement of a strike of 3,000 members of
Crucible

economy move.

the S. W. O. C. at the Harrison, N. J., plant of the

Steel Co.

was

announced

announced

on

Jan. 18 when the management

sanitary conditions at the plant would

that

be

improved and seniority rights would be established.
An

eight-day tie-up of the port of Seattle, Wash., ended '
13 when

Jan.

longshoremen and shipowners agreed to sub¬

mit differences to arbitration.
The

Ore.,

printers of the
on

won

20

Jan.

small

on

three daily newspapers in Portland,
to accept a proposition from the

voted

wages,

pay

Strike of Street

power

regulate interstate commerce did not "forestall all State action" affecting
interstate

does

hours and arbitration.

The strikers

increases.

The decision was

Justices Cardozo and Reed not participating.

Justice

agreement

recognized as
bargaining agency for the editorial, business office and
departments.
The Guild announced strikers returning to work

publishers

Stone, who read today's
the

the

collective

advertising

to

Width and
Weight of Trucks in Interstate Commerce—Justice Black Differs

held

said

guild or closed shop, but the Guild pointed out that it was

dissent.

participate.
United States

shall be no

during the first six months.
effect at the time of the

the wage scale in

in

Strikes in New Jersey at
no

...

strike.

opinion, Justice Brandeis indicated that
Justice Cardozo, who is ill, did not

In delivering the
was

end.

had been sworn

Supreme bench,

there

will be reinstated on Monday and all strike

an

discharges for economy reasons

the

courts

ordered the Star

had

agreement, which is effective for a year, provides there

The

sole

decision

Stanley

this

defining the

for

Act.

Labor

Court's

The

upheld

tribunal today

high

case

the

under

do not have authority to halt proceedings

Federal courts

that

case

12

of Seattle,

Co.

ing the settlement, said:

ing Workers of America, a Committee for Industrial Organization affiliate,

alleged unfair labor practices at Bethlehem's Fore River, Mass., plant.
The Fourth Circuit Court of Appeals held in the Newport News Co.

Dec.

on

Wash., to reinstate 20 striking
Despite the strike the paper
employees, all Guild members.
resumed publication after a few days.
The Seattle "Post-Intelligencer" of Feb. 5, after announc¬

enjoined the Board from further proceedings in connection with

investigating complaints by the Industrial Union of Marine and Shipbuild¬

Board

Relations

Jan. 31, which added:

in

in
14,

'

Labor

7

because, he

the case involving the gas consumers
Press advices from Washington, Feb.

to

Agreeing with the 6-to-2

Dry Dock Co., said United Press advices from Washington,

the

contesting a

provide a closed shop, but it specified a

Act.

of

lower court should

judgment transfers jury functions to

in my

United

Laredo,

Justice Black took the position that some of the
before the patent rights were granted.

United States Supreme Court Holds District Courts

.

a

company,

the government had in¬

and found that

"joy sticks"

airplane

on

insurance

an

"a general rule governing

adoption of

any

McReynolds and

ing which upheld the validity of patents held by Robert Esnaut-Pelterie of
France

that

he

Referring

:

again dissented in the rul¬

(Justice Black)

Supreme Court held that

jury

a

said:

Court's decision that

involving the Indiana

suit

a

The petitioner, whose

1933.

the

in

.

the

Montana

was

criticized

As

believe the California tax in this case had

proved beyond all reasonable doubt to be in violation of the

.

instructed

eral courts which

Constitution.

States

United

Justice Black said he did not

.

case

trials in Fed¬
judges." ...
closed, Justice Black objected to any rule that "gives parties a
trial by judge," but does not entirely preserve the constitutional right of
"trial by jury."
He could not agree "to a conclusion which, I believe,
takes away any part of the constitutional right to have a jury pass upon
the weight of all of the facts introduced in evidence."

belief that

of the Fourteenth Amend-

the protection

not entitled to

are

any

upon

Texas" were protected by the Fourteenth Amend¬
Texas of power to fix utility rates

in

law, and even though this insurance company, not
a
Montana corporation, was able to take the matter to a Federal court,
the insurance contract was written in Montana.
it

said,

He

dissenting opinion, Justice Black bluntly announced his

a

corporations
rhent

were

the Texas Railroad
Here, Mr.

where "the rights of this Delaware corpora¬

Justice

authority granted by the State.

In

contracts

an

for Laredo.

Co.

Gas Public Service
see

indemnity policy, must prove suicide by its client.
Black held that the Court instruction was proper,

double
.

and that acts in the course

performing

State.

have

not

or

relationship to the life insurance

contracts,

the

within the State,

on

the

the second

In

arguments,

that this amendment deprived

or

inside

actually written in California.

his

the Court upheld rates imposed by

United

the

doing business

ment

follows:

as

emphasize

to

italics

in the Court.

case

on

these cases

employed

Black said that he did not
tion

in

on

the first

In

Commission

in

majority opinion said "the tax cannot be sustained, either as laid on

The

a

Feb.

objected to the tax on the ground that the

company

its life insurance

on

of

also stated:

insurance

paid taxes

Journal"

described
he

cases

unusual practice

Con¬
noted in Washing¬

This was

Street

"Wall

the

to

was

life

business

as

California policies.

on

advices

ton

both

In

against $836,061 of reinsurance premiums written in
necticut

in two other

Court rulings on Feb. 14.

"Times"

York

Court case in which it protested against assessment
the 2.6% 'California State tax on insurance premiums

preme
of

.

In one case he con¬
curred in the result but expressed opinions in which the
majority did not concur. In the other case he was the soledissenter.
A Washington dispatch of Feb. 14 to the New

Su¬

Life Insurance Co. won a

;

,

Supreme

California Policies

on

Connecticut General

this,

as

Black differed from bis colleagues

Justice

Upholds Application of Fourteenth
Amendment to Corporations—Rules in Favor of Connecticut
General Life Insurance Co., Opposing California Assessment on

United States Supreme Court

The

low

as

inches.

96

States, it said, prescribed a gross
and none other had a width limitation below

Only four other

20,000 pounds.

than

member of the
unexpired term of Mr.

Counsel of the Maritime Commission, to be a

when

loaded,

more

Car and Bus

Operators in

Twin

Company Agrees to Maintain Two-Man Crews
A

one-day strike of

street car and

on

Cities Settled—

Certain Routes

bus operators which

virtually paralyzed public transportation in St. Paul and
Minneapolis was settled on Feb. 15 by an agreement be¬
tween the Amalgamated Association of Street Railway Em¬
ployees and

the Twin

City Rapid Transit Co.

Under the

agreement the company said it would retain two-man crews
on

certain
I

lines

where

it

had

planned

to

substitute one•

■

I

MONTHLY

March, 1938]
service,

man

and

promised

days'

30

union

the

give

to

Puerto Rican Dock Workers' Strike Terminated—C. /. O. and A. F, L.

Settlement

Term

Labor—Wage

Victory for

Scales of

Stevedores Increased

A

six-week

had

of

strike

Puerto

in

stevedores

Feb.

10

after

which

Rico,

paralyzed all port activities since Jan. 3,

ended

was

labor

what

representatives termed an out¬
standing victory.
The walkout had made it impossible for
freight ships to load or discharge cargo.
Leaders of the
American

Federation

Labor and

of

for

Committee

of the

Industrial Organization cooperated in organizing the

strike,
which was conducted with complete orderliness.
Governor
Blanton H. Winship of Puerto Rico said in a broadcast on
Feb. 10 that employers and labor now must work together
to

demonstrate that the island

deserves

more

ment

indicated

were

Juan

Feb.

United

in

Press

industries to

Terms of settle¬

provide work for the thousands of idle.

accounts

from

San

that longshoremen and
ship workers returned to work on that day under a com¬
on

10,

which

stated

promise wage scale pending arbitration of their dispute.
Cuban

that

tions

of

""

sidered

yet

Such

applications will continue to be

con¬

their

on

merits, along the lines laid down in the
committee's terms of reference and with regard to the gen¬
eral

policy of the British Government.
Greater latitude,
however, will be allowed until further notice respecting ap¬

plications not falling within the class I mentioned.

particularly to the raising of
basis in behalf of British

new

money

borrowers

on

from any

Empire for the purpose of acquiring assets

I refer

long-term

a

part of the

developing
enterprises in foreign countries, and to transactions envolving large blocks of foreign-owned securities."
The desire
or

of the British

Government, it was emphasized, is to encour¬
expansion" of international capital transac¬
Short-term
foreign lending of a non-commercial

"suitable

age

tions.

ruled out definitely

was

by the Chancellor.

American Foreign Policy

•

public works bonds, in default since 1933.
The
President vetoed the bill on Feb. 10; it had been passed by

the Cuban Senate

Senate, by
session

House

on

Feb. 7.

The

vote of 28 to 5, overrode the veto in a night

a

which

the

on

Feb. 5 and the House

on

lasted until

6

a.

Sunday,

m.

Feb. 13.

The

day overrode the veto by a vote of 122

same

16.

President Roosevelt's

decisive

stage.

diplomatic

Feb. 21

On

a

group

of British trade and

headed by Arnold E. Overton, Second
Permanent Secretary of the British Board of Trade, arrived
experts,

in Washington to begin formal negotiations on

accord

between the

colonies.

its

It

is

the proposed

States and the United Kingdom

United

through

the

treaty

with

Great

Britain that Mr. Hull hopes to achieve a real and sweeping
reduction of tariff barriers, and the course of the discus¬
sions

thus

will

of

American

last

cern

month

pursued by
voiced
were

the program and

Speaking at

Des

make it acceptable throughout the Nation.
Moines, Feb. 19, before a convention of

the National Farm

Institute, Mr. Hull assailed the "sinister
propaganda" which attempts to wreck the "most important
policy which our country can pursue to promte its economic
well-being and peace."
He emphasized especially that the
is not harmful to American agriculture.

program

war

disquiet

caused

revealed

on

the rapidly

The

«

nation-wide

a

apprehensions

were

the naval bill, but they also

on

scale

on a

by

debate

to

as

the

developments

were some
answer.

definite

before witnessed.

never

such

require

proper

The vague

understandable

is

specific questions raised which

The

rumor circulated with great
persistence that the British and United States Governments

a

eye to

see

eye

of

matters

the naval question, and possibly on other

on

international

importance.
In public .hearings,
February, it appeared that consultations between

early in
British

and

American

naval

have

experts

late, but details of such conversations
miral William

taken

were

D. Leahy, Chief of Naval

place

of

refused by Ad¬

Operations.

This

resulted in formal questioning, in the Senate, of the inten¬
tions of the State Department with respect to the naval

aspects of foreign policy.

Secretary of State Cordell Hull sent a communication to
Key Pittman, on Feb. 8, in which the questions

Senator

in

answered

were

In

response

definite

a

and

the query

to

uncompromising

whether any

alliance,

agreement or understanding exists or is contemplated with
Great Britain, as to war or the possibility of war, the
is no, Mr. Hulk wrote.
A similar reply was made
question whether there is any understanding, express

answer

to the
or

implied, for the

junction

with

any

promising negative
to

the

police

Feb. 23 by the Hungarian Minister to

to

regard

enough, but there

question

fears

or

the United

of

supplied by

was

there

States

And

nation.
is

by the American

an

navy

equally

Mr. Hull in

any

in

response

understanding

navy

of

con¬

uncom¬

for

particular

any

Even these assurances failed to dispel
"parallel thinking" at Washington and London

oceans.

that

might

use

other

whether

patrol

or

waters

Hungarian Debts
was

with

in

apparent

manner.

Canada
enlarged materially in the new conversations.
The
Secretary continued also his strenuous endeavors to justify

with

occasioned grave con¬
the foreign policy being

policy to be followed in these days of rapidly changing alli¬
ances, of foreign wars that are undeclared, and of prepara¬

pected that the scope of the existing treaty with
be

immense expansion

an

together

the Administration.

mainly in hearings

raised

of

crusade for

armaments,

changing picture of foreign affairs,

exceptional interest.
Mr. Hull
also continued quietly to better the arrangements already
in effect.
Early in the month he issued a preliminary
notice of a fresh reciprocal accord to be negotiated with
Canada, with public hearings to begin April 4.
It is ex¬
prove

naval

tions for

Trade Treaties

The reciprocal trade treaty program of Secretary of State
Cordell Hull entered in February a delicate and perhaps a

It

not

investments.

Defaulted Public Works Obliga¬

Cuban

will

has

foreign

organizations.

character

Congress has passed the bill to provide for the settlement of

and

time

arrived for indiscriminate ap¬
"I refer particularly," he
explained, "to those applications in behalf of foreign govern¬
ments, foreign local or public authorities, or State controlled

Over the veto of President Frederico Laredo Bru the Cuban

to

the

Congress Overrides Presidential Veto of Bill Providing for

New Issue of Bonds to Replace

the

treatment of applications.
In response to questions
by Members of Parliament, Sir John Simon remarked

put

proval

,

5

determine, and possibly will be made clear chiefly through
the

notices of similar changes in the future.

Leaders

REVIEW

embroil

days previously at Washington.

United States in a war, and Mr. Hull
explicit in an exchange of letters with
Representative Louis Ludlow of Indiana, published Feb. 13.

provoked widespread interest, as it is the first
made by any of the numerous States that defaulted com¬

policy of the United States is neither extreme international¬

Washington,
ment

John

the

of

Pelenyi, that a formal offer of settle¬
Hungarian Government's debt to the United

States had been made
The

pletely
sion

some

offer

on

intergovernmental obligations during the depres¬
In this connection it is always necessary to

of 1929.

tried

be

to

the

more

In these communications Mr. Hull declared that the official
ism

extreme isolationism.

nor

quite proper, and

even

Conferences

procedure

on

considered

were

parallel lines

was con¬

Hungarian announcement followed

sidered admissible, by the State
Department, with the reser¬
vation that independence of action always remained.
The
trend
of
European events later in February doubtless

in which it

changed

note

that Finland, alone among the debtors, continued to
observe its pledge and to meet all payments due.
The

war

a period of uncertainty,
reported from Washington that the entire
debt problem once again was under consideration.
Mr.
was

Pelenyi made it clear that the offer he transmitted appar¬
Under this proposal the 1924
settlement would be ignored and all payments made to date

ently occasioned! all the talk.

would be credited to

siderable reduction

principal.

This would occasion

a con¬

of the

original debt of $1,685,835, and
the remainder would be paid in 30 annual instalments of
about $39,000 each.
Mr. Pelenyi stated officially that his
government wished to clear its obligations and had
tion

of requesting

prohibits to

war

no

inten¬

fresh credits, such as the Johnson Act
debt defaulters.
Washington dispatches

cedure
on

the

In

official opinion
parallel lines, and

even

on

matter

in

as

to the advisability of pro¬
will doubtless be heard

more

coming months.

particular the foreign policy of the United States
Government deserves commendation,
for every effort is
being made to augment the "Good Neighbor" policy with
one

regard to Latin America.
suggests

the advisability

The trend

of

the

of

events

continuance

in

of

Europe

this

pro¬

gram, and abandonment of

"quarantine" endeavors directed
against certain unnamed countries.
Washington dispatches
made it clear

closer ties

on

with

a

number

Latin

suggest that the proposal was not received with any marked

by the Administration.

cordiality in Washington, possibly because of the excellent
example of continued full payments by Finland.
In con¬
trast with the complete neglect of intergovernmental obliga¬
tions by the British, French, Italian, Belgian and other
governments, however, there would seem to be much to
commend in the'Hungarian offer.

of occasions

America

are

in

February that

regarded

as

desirable

unconfirmed reports of

British Foreign Loans

Modification of British restrictions

on Empire
lending to
foreign countries was announced in the House of Commons,

Feb. 1, by
it

was

Chancellor of the Exchequer Sir John Simon, but

indicated

at

the

same

time

that

controls

continued through the Foreign Transactions

mittee.

The

will

be

Advisory Com¬

real extent of the modification is difficult to




There

were

even

some

and
plans for a military alliance embrac¬
ing most of the 21 American republics. The merits of such
proposals are debatable, for it hardly can be contended that
there

is

any

real

threat

of

vague

military

action against the
Asiatic countries.
President
Roosevelt, however, took occasion to enhance the relations
with Latin American States by
sending six United States
airplanes on a rapid and impressive flight to Buenos Aires,
Americas by any European

for

of

or

participation in ceremonies attending the inauguration
Roberto

Dr.

M. Ortiz as President of
Argentina, on
The swift airplanes carried a letter to Dr.
Ortiz
in which Mr. Roosevelt expressed the "earnest
desire to
assist in the furtherance of a constructive and
fruitful
Feb.

21.

policy

of inter-American

cooperation."

MONTHLY
Naval Armament*

Several

important illustrations recently have been sup¬

plied of the manner in which the leading nations are plung¬
ing headlong toward a destructive and costly naval arma¬
ments race.
One of the most highly significant of these
events was the introduction of an Administration bill late
in January for a rapid increase of American naval strength.
President Roosevelt sent a special message to Congress to
.

emphasize the matter, and a hot debate on the question
soon
developed.
In his message the President dwelt at
length on the peaceful intentions of the United States, and
in this respect he followed the best traditions of all coun¬
tries that are increasing their armaments by leaps and
bounds.
The armaments increases now in progress else¬
where
and
the wars that
are
being waged impelled
the
President to report that our national
defense is
"inadequate for purposes of national security and re¬
quires increase for that reason."
The need for protecting
two coasts and the question that remains regarding the

REVIEW
Foreign Secretary viewed matters differently, and a Cabinet
England at a most unfortunate moment.
Some weeks or months must elapse before the smoke clears

crisis developed in
and the

problem can be seen in its entirety.

Prime Minister Chamberlain took the direction of

British

policy most decidedly into his own hands, as the prevailing
diplomatic winds in Europe began to shift. It was quickly
made clear that he preferred a realistic policy, which seem¬
ingly did not suit the idealistic yohng Foreign Secretary.
Prolonged Cabinet consultations were reported toward the
end of February, and the subsequent events in England
supply the best indication of what actually happened in
Europe as a whole during February.
It is important to
note that virtually unanimous support was given Mr. Cham¬

Unfortunately, clashes of
personalities obscured the essentials, to a degree. Tumultu¬
ous sessions in the British House of Commons took place,
and charges were hurled about in a reckless manner.
The
Labor Opposition introduced a motion of censure, intended
But the
Panama Canal were cited in defense of the proposals.
The to bring about the fall of the National Cabinet.
realistic attitude prevailed in the end and Mr. Chamberlain
most important recommendation was for an increase of 20%
was supported on the question of confidence by a vote of
in naval authorizations, and for the building of two battle¬
330 to 168; which ended the crisis in England and estab¬
ships and two cruisers, over and above the present author¬
lished a new and brighter outlook for peace in Europe.
izations.
Air force additions, army improvements and
Reports were current for months that irritations within
equipment advances all were urged.
The program was at
the British Cabinet were hamperinjg the development of a
first unofficially estimated to involve outlays of $800,realistic policy, and it was known rather definitely that
000,000 in this and succeeding years, but it soon was estab¬
Foreign Secretary Anthony Eden entertained an abhorrence
lished that the cost would be nearer $1,200,000,000.
for dictatorial government which, though excusable, inter¬
The problem of naval armaments was rendered a little
fered with his endeavors as Foreign Secretary.
The extent
more precise and interesting by notes to the Japanese Gov¬
of the problem thus posed was not disclosed, however, until
ernment, dated Feb. 5, in which the United States, British,
Captain Eden resigned and provoked a flood of statements
and French Governments requested information from Tokio
and counter-statements within and without the House of
by Feb. 20 as to whether building of vessels is in progress
Commons.
A good deal of incidental light was thrown on
or contemplated in excess of the qualitative limitations of
the London naval treaty.
These notes were dispatched the European political problem, but still other factors were
mentioned briefly and not cleared up.
More important than
after a long series of unofficial reports indicated that
the clash of the British Ministers, however, is the fact that
Japan actually is constructing vessels larger than any other
new explorations toward an adjustment of grave interna¬
navy possesses.
Consultation was specifically welcomed,
tional difficulties promptly were undertaken.
The Italian
even if Japan is exceeding the limitations set at London for
Government at first, and then the German Government,
signatories, as limitation of some sort was held desirable.
The

Japanese Government replied on Feb. 12 in a most
equivocal manner that revealed nothing, officially.
It re¬
mained uncertain, however, whether Japan did not care to
supply the desired information or merely resented being
called brusquely to account, with a time limit set for the
answer.

Reverting to the attitude adopted at the London Confer¬
of

1936, the Japanese Government argued that quali¬
are useless if unaccompanied by quantita¬
Blandly disregarding the opinions of other
countries regarding the China episode, Japan declared that
it is prompted by a spirit of non-menace and non-aggres¬
sion, without any "intention of possessing armaments that

ence

tative limitations
tive limitations.

would

menace

other countries."

It

was

suggested

rather

pointedly in the note that there is no logical reason for the
assumption elsewhere that Japan entertains a scheme for
constructing ships larger than the London treaty permits to
its signatories.
No advantage was seen, however, in formal
negotiations on the matter, although the usual readiness
was expressed to engage in discussions on the basis of the
Japanese ideas of naval limitation. The note was accom¬
panied by informal hints that Japan is not actually exceed¬
ing the qualitative limitations of the London pact, and it
was indicated by the Japanese Foreign Office that infor¬
mal inquiries probably would be more fruitful than the
formal notes.
There was no tendency in the official circles
of the United States, Great Britain and France to pursue
the matter in the manner suggested by the Japanese.
The
Japanese obviously were concerned over the cold reception
accorded their declarations, and on Feb. 26 Foreign Minister
Koki Hirota indicated at Tokio that formal steps for naval
limitation were again under consideration by the Japanese
authorities.
Challenging comments in the United States
and Great Britain, to the effect that the resources of these
countries are sufficient to enable building programs with
which the Japanese could not hope to compete, doubtless
stimulated some second thoughts on the

^natter at Tokio.

European Appeasement
Distinct progress was made in Europe last month toward
the generally desired aim of European appeasement and

conciliation,
Cabinet

but

conflicts

developed

within

the

British

the question of procedure,

on

berlain by the British Cabinet.

signified intentions of removing obstacles to a better gen¬
eral understanding.

All this, of course, represents a further
for the militant dictatorships of Europe.
The
alternative, in the reasoned opinion of Prime Minister
Neville Chamberlain, might well have been war.
AngloFrench friendship is not in the least impaired, it was indi¬
cated, but it may be that the rapid alignment of Europe
into two camps of democratic and authoritarian States, each
drifting toward war, now has been halted.
A British Cabinet meeting on Feb. 19 supplied an indica¬
tion of serious doings, and after it ended the rumor spread
triumph

rapidly that Captain Eden would resign.
ment
of

of the resignation followed

on

The announce¬

Feb. 20, in the form

and

friendly exchange of notes by Prime Min¬
iCaptain Eden. The latter tendered
his resignation with understandable regret, and Mr. Cham¬
berlain was equally gracious.
In the House of Commons,
on Feb. 21, the differences began to be aired in earnest, and
a

warm

ister 'Chamberlain and

the statements and counter-statements were somewhat less

complimentary.
Captain Eden made it clear that in the
pursuit of peace, wide disparities as to method have devel¬
oped in the Cabinet. He utilized the Italian problem by way
of illustration, and stated that in his own opinion the Rome
Government ought to agree in advance to certain with¬
drawals of troops from Spain and to other conditions before
Great Britain enters into negotiations with Italy.
And in
the last few weeks fundamental differences

arose upon one
of the most important decisions in foreign policy which did
not concern Italy at all, he said.
"It is the traditional

method of diplomacy to prepare for conversations before
they are formally opened," Captain Eden pointed out.
"It
is seldom right to depart from that traditional method
which has been tested by time and experience.
It is cer¬
tainly never right to do so because one party to the negotia¬
tions intimates that it is now or

generalizations also

were

never."

uttered.

Some persuasive

"Of late the conviction

steadily has grown upon me that there has been too keen a
desire on our part to make terms with others, rather than
that others should make terms with us," Captain Eden said.
"This never was the attitude of this country in the past.
It should not in the interests of peace be our attitude today."
Prime

Minister

Neville

Chamberlain

entered

upon

a

and the resignation
of Foreign Secretary Anthony Eden resulted.
The European
problem of war or peace was posed in connection with a

longer and

number

viewed in widely different ways in different countries, and
called for the exercise of a little determination and good¬

these

of

was

highly

important

occurrences.

the step taken by the German

Chief

among

Chancellor, Adolf

Hitler, to gain virtual control of the destinies of Austria.
The real

significance of this

move

is still to be determined,

but it is evident that German power and influence in Cen¬
tral and Southeastern Europe will be augmented

greatly.
problem of the long-continued animosity of the British
and Italian Governments apparently was examined anew in
the light of the German move toward expansion.
The ques¬
The

tion

of the

so-called

Rome-Berlin

axis

necessarily figured

in the matter, as did the diplomatic question of
recognizing
the Ethiopian conquest by Italy, Anglo-Italian relations in
the Mediterranean, and the Spanish insurgency.
On these

the British Prime Minister, Neville
Chamberlain,
apparently determined to take a realistic attitude, but his

matters




detailed statement, which obviously was
tempered by a desire not to wound his younger associate.
He remarked drily that the same facts sometimes are
more

will, so that grievances and suspicions can be cleared away.
conversations with Italy were detailed
at some length, and Mr. Chamberlain took
exception to Cap¬

The approaches to
tain

Eden's statement

attitude
the

the

the part

communications

Italian

that

on

Government

that

there

of Italy.
Which

which

was

a

"now

or

never"

"There is nothing in any of
passed between us and the

in

my

judgment would justify

description," the Prime Minister said.

He disclosed

receipt of a communication that morning from the
Italian Ambassador, to the effect that British proposals for
the withdrawal of foreign volunteers from Spain and the
granting of belligerent rights were acceptable to Italy.
The
emphasis on Spain was explained by British insistent that

MONTHLY

March, 1938]

of the Spanish question must enter into any
adjustment
"I have never been more completely
convinced of the Tightness of any course that I have taken
settlement

general
I

than

the

Cabinet

"What
ment

which
yesterday," Mr. Chamberlain continued.

today of the Tightness of the decision to

am

came

seeking to do is

are

we

to get a

general appease¬

The

will give us peace.

throughout Europe which

EEYIEW
handed by Dr. Schuschnigg to Dr. Arthur Seyss-Inquart, a
leader of the outlawed Austrian Nazis.
Dr. Guido Schmidt,
who also is sympathetic to German aims, was elevated to
Foreign Affairs Minister.
Michael Skubl, the Vienna police

chief,
and

Secretary

made

was

attached

security

in

matters,

The Nazi

Seyss-Inquart.

Dr. Ludwig Adamovitch

sympathizers,

and Ludwig Raab,

appointed Minister of Justice and Minister of Com¬
merce, respectively.
A number of minor posts also went

Europe must depend upon the attitude of four
major Powers—Germany, Italy, France and ourselves.
For
ourselves we are linked to France by common ideals of

were

democracy, liberty and parliamentary government.
France
need not fear that the resignation of my right honorable

before

signifies any departure from the
with France."
On the other
side are Italy and Germany, also linked by affinities of
outlook and form of government, Mr. Chamberlain said.

prisoners in Austrian jails.

And the

question is whether these two pairs of nations are
to drift into war, or are to try to understand each other's
aims and objects and avoid a conflict by means of a general

German

settlement.

it

of

peace

friend

It

this issue

upon

of closest friendship

policy

Nazi

to

adherents.

the

described
that

be

the

next

in

the

on

Former Prime
Minister Lloyd George, and former Admiralty Lord Winston
Churchill, were among the bitter critics of Mr. Chamber¬
lain.
But the upsurge of sympathy for Captain Eden did
not greatly affect the vote on the Laborite motion of cen¬
sure.
The Conservatives lined up as a solid block for the
government, and some Liberal Members also voted for Mr.
Chamberlain.
The answer of the Parliament was definite,
and

it

be added that much of the press in England

may

tended

realistic

favor the

appraisal of the Prime Min¬
ister.
Lord Halifax, who went to Germany on a diplomatic
mission last year, was entrusted for the time being with the
Foreign Secretariat
Mr. Chamberlain is retaining close
control until it is determined whether a Foreign Secretary
to

be

can

appointed who

Commons

for

answerable

directly

is not

the

to

17

Diplomatic repercussions of these developments
stantaneous and direct.

The Italian

in¬

were

Government promptly

modified

some of its open expressions of antagonism toward
England, and conversations were started regarding general

terms

Earl
don

of

settlement of all outstanding difficulties.
The
Perth, British Ambassador to Rome, left for Lon¬

of

Feb. 23 to receive

on

instructipns

the negotiations,

on

and

hardly

These

interest

On

Feb. 24

German Government

it

reported

was

in

London

British plan for Spanish volunteer withdrawals.
dors

inaugurated
The

the basis of the

on

French

Government

changes in British views.

and

people naturally were con¬
cerned, and debates as to the foreign policy of that country
also started.
Premier Camille Chautemps offered his resig¬
nation on Feb. 24, at a Popular Front
caucus, but it was
refused and M. Chautemps will carry on.
Additions to
French

defense forces were authorized
by the
Committee of the Chamber of Deputies.

Affairs

Foreign

Germany and Auttria

Diplomatic
one

Nazis

in

around
small

The

German

Europe

another

in

eased

were

when

in

German

the

and

and
established an ascendency over the
State that reduces it to a virtual satrapy.

moves

other

is not

were

unopposed by Great Britain,
"guarantors" of Austrian independence,

clear whether the

dently by Germany
ments

Central

mid-February cut through the diplomatic fences

German

it

of

augmented

Austria

France
but

problems

and

sense

reached

or

steps were taken indepen¬
whether they merely fulfilled agree¬

beforehand.

The events

were

surprising to

the

laity, for the German internal crisis of Feb. 4 left the
impression that no adventures in the foreign field would
be attempted for some time to come.
The first indications
of a change in Austro-German relations was
supplied on
Feb. 12, when it appeared that the Austrian
Chancellor,
Kurt

Schuschnigg, had paid a hurried and secret visit to
Adolf Hitler, at the Berchtesgaden home of
Hitler in the Alps.
Only a brief official statement
issued regarding the conversation, which was
purported

Chancellor
Herr
was

to

have

been

standing
change in

occasioned

by

a

were

admitted

Hitler

on

Feb.

presented

16.

It

border reinforced the German

in

the

was

his Austrian

ultimatum, and further rumors
that important concentrations

The

to

questions.
The practical result
the Austrian Cabinet, to which

Herr

remain

desire

were

of

small

hours of

was

Nazi

all

a.

out¬

decided

adherents

widely rumored that
counterpart with an

circulated to the effect

German

troops

on

the

demands, but such statements

unsupported, as yet.
Cabinet changes

Austrian

discuss

were

effected

hurriedly

Feb.

16, which in itself lends color
that Chancellor Schuschnigg was given three days
for capitulation.
The Ministry of the Interior, which carries
to reports

with it the direction of the Austrian security




services,

was

controls

will

be

Hitler

intentions

spoke

increased

was

length

at

before

the

immensely.
subservient

of foreign

and

to antagonism to the
Versailles settlement and the
League of Nations.
The German leader called loudly, how¬

for the self-determination of the 10,000,000 Germans

ever,

in Austria and Czechoslovakia.
it

after

For this and other reasons

accepted that German policy will be directed here¬

was

to

the

isolation

Czechoslovakia

of

and

the

inclusion

of that country within the German orbit of influence.

The

countries of Southeastern Europe necessarily must recognize
the extension of German influence, and some of them have
done

The attitude

already.

so

but

it

of Italy remains undis¬
plausibly that some pre-

conjectured

is

arrangement between Berlin and Rome made the

possible.
The
Nazification
lines that

ties.

plainly

measures

Austria proceeded rapidly, along
dictated by the German Nazi authors

of

were

Chancellor Schuschnigg and his associates in

organized Cabinet issued
that Nazi activities
Front

and

the

re¬

series of statements to the effect

to be

are

all

a

permitted within the Father¬

other

institutions,
while Austrian
financial and economic policies would be upheld and Ger¬
affairs.

It

German

istry

began to scurry all over Europe, and it was evident
new
and intensive series of exchanges quickly were

that

Berlin

to

Hitler, and

20, but he supplied no fresh indica¬
policy.
The address was devoted in good
part to restatements of the German demands for colonies,
tions

Johan

Ambassa¬

hurried

Chancellor

German

that

the

the Nazi spokesman

Cabinet,
with

will

within

Nazi Reichstag on Feb.

the

on

doubted

German

Chancellor

the

that

inclined to look with favor

was

Austrian

and Austria

Austria

of
as

widely rumored

was

subsequent alterations
policy, seemed to insure further diplomatic
Germany in the "Drang nach Osten," and

by

in

many would

cussed.'

it

Germany

changes, together with the

desire

participate with England and France in the ad¬
of the Suez Canal will figure in the talks,
while naval parity in the Mediterranean also may be dis¬

between

Seyss-Inquart,

be

to

British

the

land

to

In Berlin these incidents were

conversations

for

it is interesting to note that he gave the fascist salute
when he departed.
London dispatches suggest that Italy's

ministration

amnesty

augmented and tightened with the utmost rapidity.

closed,

his actions.

Dr.

reconstructed

endeavors

unpleasant personal references were not lack¬

which

general

that a

the alignment

step in

orbit.

Feb.
is

union

customs

a

from

ing, took place in the Commons on Feb. 22.

completed

changes were hardly

informed

was

"cold Anschluss," and

as

of

may

These

country

decree had been issued, setting at liberty the many political

be significant that Captain Eden was long and
loudly cheered, whereas Prime Minister Chamberlain was
heckled and had to face a hostile House.
A bitter debate,

'

State

of

staff of Dr.

the

to

trade

admitted
to be

are

Fischboeck,
of

changes
little

and

views

cities, while anti-Semitism began to
definitely.
The clearest indication of Ger¬

was

German accord
of

auspices.

but the Austrian Nazis paid
demonstrations were organized in

other

Franz

wealth

matters

on

huge

as

rather

Vienna,

as

to itensify Austroprominent Nazi, Dr.
consultant to the Min¬
a

contemplated,

were

Vienna

efforts

pertaining to trade with
Chancellor Schuschnigg declared that no further

heed,

appear

that

made, and
named

was

Commerce

Germany.

man

refrain from interference in Austrian internal
was

supplied

by the German Ambassador to
Papen, who declared that the Austro-

von

only the first step toward a "common¬
in
Middle Europe"
under
German
Chancellor Schuschnigg addressed the Austrian
was

nations

Parliament on the matter, Feb. 24, and he assured his
countrymen that Austria will remain free.
In the Berchtes¬
gaden agreement, he said, the German Government
recog¬

nized

the full sovereignty of
Austria, and each country
agreed not to influence the other's political structure.
But
the speech was interlarded

safeguarding the destinies
thing

with references to the need for

of all

was said about the Cabinet

at the dictation

The

German

occasioned

Germans, and hardly any¬
changes that were effected

of Austria's powerful neighbor.
on
the Central European

diversion

intense

interest

as

to

the actual

front
intentions of

the Hitler

regime, for the statements in Herr Hitler's book,
Kampf," about German expansion eastward in
Europe naturally were recalled. The interest was increased
by announcements that Herr Hitler would address the
Reichstag on Feb. 20, but in the lengthy address on that
"Mein

day the German leader failed to clarify the German attittude toward Austria, and he also furnished
no clew as to
the

next

cerned
nomic
many

surprise

with

moves.

internal

progress

questions

of

Most

of

the

address

was

affairs, and especially with

the Reich.

raised

abroad

In

obvious

about

the

the
to

answer

con¬
eco¬

the

governmental

changes of Feb. 4, Herr Hitler maintained that there are
no
schisms between the National-Socialist
State and the
armed forces of Germany.
The League of Nations was
assailed both in general and in
detail, but nothing new was
said on that subject.
Collaboration with other

countries,
nevertheless, was held desirable by Der Fuehrer, with the
single exception of Soviet Russia.
In this connection Herr
Hitler j sharply assailed the then British
Foreign Secretary,
Anthony Eden, who was accused sarcastically of not shar¬
ing the views as to Bolshevist plans proclaimed even at
Moscow.
Japanese aggression in the Far East was con¬
doned by Herr Hitler on the specious

pretext that

a

Japa¬

nese
setback would benefit only Soviet Russia.
In this
connection the German spokesman declared that
recognition

puppet-State

Japanese

by the Reich Government to the

is to be extended

to Spain, the
maintain that the duly constituted

regard

With

Manchukuo.

of

German leader tried to

government is a mere extension of Moscow,
that further support would be extended to

and he hinted
General Fran¬

cisco Franco and his revolutionaries.

expansion aims and German relations with the
of Europe were treated rather vaguely

German

countries

leading

He declared that the German demand for
will be pressed with ever increas¬

by Herr Hitler.

the restoration of colonies

ing vigor from year to year, and he denied specifically that
the claims can be stilled by the granting of credits.
With
the

exception

Germany has no

problem,

the colonial

of

quarrel with England, the Chancellor stated, and he empha¬
sized again that the Reich has no demands for territory
make against

to

The free press of England and

France.

policies seemed to
exercise the German spokesman to an amazing degree, for
a
large part of the speech was directed against the "ex¬
cessive misinterpretations" of the foreign press.
Much was
made by Herr Hitler of the 10,000,000 Germans in Austria
and
Czechoslovakia who, "against their own free will,"
were
prevented by the peace treaties from joining the
Reich politically after 1918.
Just as England stands up for
her interests all over the globe, present-day Germany will
protect the German peoples of her neighboring States, Herr

its

declared.

Nazi

of German

criticisms

sharp

Hitler

With reference

the racial and cultural

to

Austria, he dwelt

on

ties, and he extended fullsome praise

Schuschnigg for his "cooperative spirit," but he said

to Dr.

nothing of the real German intentions.

strengthened,

will

be

who

closed

on

the

according

to

the

The German army
German dictator,

usual note of pacifist intentions.

Internal stresses occasioned

administrative affairs

on

a

decided change in German

With characteristic abrupt¬

Chancellor Adolf Hitler reorganized the Cabinet and
the army command completely, and the event gave rise to
rumors
of serious dissension within
the higher circles.
ness,

apparently were adjusted without further
as the changes were accepted
quietly and the ordinary routine continued to prevail.
Sev¬
eral decrees relating to the Cabinet and the army were pub¬
lished on Feb. 4.
One of these relieved Baron Konstantin
The

differences

ado

by the German leader,

von

Neurath

of

his post

Foreign Minister

as

and trans¬

portfolio to Joachim von Ribbentrop, the Ger¬
man Ambassador to London.
But there was created at the
same time a Cabinet Council for advising Chancellor Hitler

ferred

reported on the fol¬

day that Chinese airplanes were headed for the
island of Kyushu, southernmost of the principal islands in
lowing

the Japanese group,

Mean¬

but the planes failed to appear.

Japan regard¬
ing the costs of the conflict and the eventual end of the
military expedition.
Early in February opposition was ex¬
pressed in the Diet to the policy of keeping the Japanese
people uninformed on real developments. Late in the month
the government attempted to force through a measure for
complete control of all phases of Japanese economic life,
but the bill produced an uproar in the Diet.
There were
no important incidents affecting other nationals in /a diplo¬
matic sense, but this did not stop the flow of .Japanese
apologies.
A sort of blanket apology was transmitted to
while, increased restlessness was reported in

Washington, to cover admittedly

State Department in

the

disgraceful activities of the soldiers who entered Nanking
and despoiled
that former capital of China.
Budgetary
estimates of the cost of the China expedition continued to
increase in

Japan.
Rumanian Cabinet

political dissension in Rumania were

Rumors of growing

confirmed, Feb. 10, when the fascist and highly
Semitic regime of Premier Octavian Goga resigned,

antiand

King Carol commissioned the Church Patriarch, Miron
Cristea, to form a successor regime.
It seems inevitable
that any change would bring about a modification of the
absurd anti-Jewish campaign instituted by Dr. Goga, and
for this and other reasons the developments were viewed
satisfaction

with

indicated

Recent reports have
brought virtually to

in most countries.

trade in Rumania

that

was

This
reasonable solu¬
tion of the political problem.
Dr. Goga, it will be recalled,
polled very few votes in the national plebiscite a few
months ago.
Another election is scheduled for March 2,
and it was generally assumed that the Goga regime would
be unable to gain the required 40% of the ballots to remain
in office, despite some curious changes in the election ma¬
chinery.
Any government now formed obviously will be
of the stop-gap variety.
King Carol virtually assumed the
dictatorship of the country when he forced Dr. Goga out
of office, and it may well be that the anti-Semitism will
not be relaxed entirely, for Patriarch Cristea has voiced
anti-Jewish sentiments of late.
The new regime is one of
personalities, responsible directly to the King.
standstill

its excesses.

and

regime

Goga

the

by

doubtless increased the pressure for a more

Feb. 4, but the real significance

of the moves is not yet clear.

hensions increased sharply when it was

a

German Crisis

on

REVIEW

MONTHLY

8

that

foreign affairs, and Baron von Neurath was

placed at

Close associates of Chan¬
cellor Hitler and a number of army leaders will join Baron
von Neurath in the Council.
The Ambassadors to Austria,

Spanish Civil War

months of desperate and costly fighting,

After nearly two

the

of General

forces

insurgent

Francisco Franco finally
troops out of the

the head of that advisory body.

succeeded

Italy and Japan were recalled at the same time,

city of Teruel, which the loyalists took in a surprise attack
just before last Christmas.
The significance of this move
remains to be determined, for it is known that the place

and the

The army reor¬
ganization was no less startling, for Chancellor Hitler re¬
lieved of their posts both War Minister von Blomberg and
Colonel-General Werner von Fritsch, Commander-in-Chief.
A dozen other army and air force commanders of highest
rank were summarily dismissed, and it developed subse¬

has

quently that lesser commanders also were forced to resign
"for reasons of health."
Chancellor Hitler assumed per¬

south

successors

sonal
and

have not yet been announced.

direct

and

this

Command

The latter is to be equal in rank to a Cabinet

and is to be Chancellor
The

Hitler's personal chief

chief command of the army was entrusted

of

staff.

to

Colonel-General

Hitler's

of all German military forces,

authority he promptly delegated to a "Supreme
of the Armed Forces," headed by General Wil-

helm Keitel.

Minister,

command

Walther

von

Brauchitsch.

Chancellor

personal favorite, General Goering, was promoted

regarded on
gain by
the insurgents may have more importance on that basis
than in a military sense. • Huge armies were locked in the
struggle, and the cost in men and materials must have been
and

throughout February in the north central area
of China, where the invading Japanese were struggling to
consolidate the northern and central regions conquered
since last

under

the

July.
direct

The Chinese armies of about 400,000 men,
command of Generalissimo Chiang Kai-

advancing
Japanese troops, less with the aim of preventing contact
between the separated invading armies than with the idea
of making the war costly for the aggressors.
The east-west
Lunghai Railway formed the base of operations for the
shek, fought desperately in the area between the

Chinese defenders of their homeland, while Japanese

forces

attempted to cut the line and make the position untenable.
First moves in such directions gave the appearance of easy
success

for

the

Japanese, but by the end of February it

appeared that bitter resistance was being made and the
entire Japanese campaign thus rendered precarious.
Gen¬
eral Iwane Matsui and several other high military leaders
were

of
The Chinese, meanwhile, continued methodically \

recalled to

success.

Japan, possibly because of

their lack

to prepare still another defense line around Hankow, where
a further battle is expected to develop if the Japanese win
the Lunghai
To
nese

a

indirect

on

engagement.

mild degree the Chinese carried the war into Japa¬

territory, on Feb. 23, by means of an airplane bombing

in

created

were

the

front which

Aragon

of the

salients

Teruel, but these were not of much concern.

ended at

The

insurgents attempted late in February to attack the coast
cities that

fleet

held by the

are

ordered to

was

loyalists, and the small Spanish
a number of places.
To all

bombard

this resulted unfavorably for the insurgents,
loyalists claimed to have driven the ships off by

appearances
as

the

Two of the cruisers which comprise the
were reported in tow back to
Majorca.

airplane attacks.

main fleet of the insurgents

the base

on

to

Both Italy and Germany were reported to have
British

a

Spain

plan for

the

and

belligerent rights

of

this actually will

atmosphere

thickened

loss of 11 lives.

General

On Feb. 1 the inter¬

because

chant ship Endymion was sunk in the
a

to

break the long dead¬

intervention is still uncertain.

on

national

agreed

the withdrawal of volunteers from

granting

Whether

Franco.
lock

developments may have been more impor¬

February than the actual military incidents of the

tant in

in progress

diversions

Occasional

tremendous.

International

of recent military history was

It was

importance.

sides, apparently, as a sort of symbol, and the

war.

One of the largest battles

strategic

great

no

both

to the rank of Field Marshal.
Sino-Japanese War

in forcing loyalist

Feb. 22

on

the

British

mer¬

Mediterranean with

The British Government was aroused by

the attack, and

a

four

and

number of British warships sped to the
Mediterranean to augment the anti-piracy patrol.
The
French Government quickly agreed to participate in the
augmented safeguards, and Italy also came in.
A subma¬
rine was responsible for the sinking of the Endymion, and
there has been no denial of a loyalist charge that General
Franco had received as gifts from Italy an assortment of
destroyers

latter

vessels that

submarines.

It

the British ship,

was

one

of

the

according to the

The British Government warned General Franco

loyalists.
that it

two

sank

no

longer would tolerate attacks

on

neutral shipping.

Steel Trade—Non-Ferrous Metals

The

steel

trade

continued

operations

on

recent low pro¬

duction schedules, with prices of steel scrap weaker.

negotiations

in

the

steel

industry terminated Feb.

statement to the effect that the terms

expired

March

1,

1938,

have

been

Wage
9 in a

of the contract that

continued,

though pro¬

expedition in which 12 ships dropped bombs on important vision has been made for a conference on 10 days' notice
military centers of the island of Formosa.
Japanese appre-j for the purpose of negotiating changes in the agreement.




MONTHLY

March, 1938]

lowered $4
reaffirmed for
the second quarter, with the exception of some adjustments
which will iron out the price relationships of sheet mill
products closely allied with cold rolled sheets.
In its issue
of Feb. 24 the "Iron Age" remarked that "clarification of
the steel price structure, which many buyers had been
awaiting, has not aided business broadly, although a few
companies have had the best volume of orders in weeks.
Improvement has not been sufficient to raise the steel
ingot production rate for the industry as a whole, since
some plants have recently been making raw steel in excess
of finishing mill requirements.
Although some of the in¬

roiled sheets almost simultaneously

Cold

a

were

ton, otherwise all present prices have been

business of the past

creased

week emanated from automo¬

bile

companies, not much improvement in purchases by that
industry is expected immediately, despite rising motor car

production, because of inventories that are still excessive.
Building construction, usually affected by the approach of
the outdoor season, is experiencing no upturn."
"Steel"

9

REVIEW
tion of unfilled orders to gross

highest reported

stocks of softwoods was the
October.
All items except

early

since

stocks in the week ended Feb.

19

were

lower than during

the corresponding week of 1937.
National production reported for

the week ended Feb. 19,
1938, by 7% fewer mills was 0.6% below the output (revised
figure) of the preceding week; shipments were approxi¬
mately the same, and new orders were 3% above orders for

the week ended Feb. 12.
In

the

as

Feb. 19,

ended

week

and orders

1938, production, shipments

reported by 417 softwood mills were, respec¬

tively, 31%, 40% and 10% below similar items in the corre¬
sponding week of last year. The 1937 week was the second
after the close of the marine strike.

>

1938, a total of 503
137,201,000 feet of hardwoods and softwoods
combined; shipped 154,277,000 feet, and booked orders for
190,468,000 feet.
Revised figures (number of feet) for the
four preceding weeks follow :
During

the

ended

Week

Feb.

19,

mills produced

of

Cleveland, in its summary of the iron and steel markets,
Feb. 28 stated, in part:
"Leading steelmakers report
February sales as 20% to 25% above January, immediate
shipment generally being specified, indicating reserve stocks
are low.
Slight improvement in buying of steel is noted by
producers, the increase being well spread over various lines,
light products predominating."
The "Iron Age" composite
price of steel scrap declined during the month as follows:
On Feb. 8 from $14.00 to $13.02 a gross ton; on Feb. 15
to $13.83, and on Feb. 21 to $13.67.
At the close of February
of 1937 steel scrap was quoted at $19.92 a gross ton.
The
"Iron Age" composite prices of finished steel and pig iron
continued unchanged at 2.605c. a pound and $23.25 a gross
ton, respectively, as compared with 2.330c. for finished steel
and $21.25 for pig iron at the close of February of last

No.

on

The

operating rate of steel companies having approxi¬
mately 98% of the steel capacity of the industry, according
to the American Iron and Steel Institute, was scheduled at

30.4% of capacity for the week beginning Feb. 21 as com¬
pared with 31.0% for the preceding seven-day period, 30.7%
for the week beginning Feb. 7,30.5% for the week beginning
Jan. 31, and 32.7% for the week beginning Jan. 24.
At the
close of February, 1937, operations were reported to be at
82.5% of capacity.

the rate of

As to non-ferrous

"Metal and Mineral Markets"
reported in substance as
follows:
Domestic trade in non-ferrous metals was quiet
during the week ended Feb. 9, which brought about a reduc¬
tion in prices for both lead and zinc.
The copper market
during that period was featureless, except for a good de¬
mand abroad, particularly for near-by delivery.
Demand
for copper during the week ended Feb. 16 remained quiet,
metals,

during the month under review

but there was some improvement in advices from fabricat¬

ing centers;
inactive.

lead was in fair demand;

zinc and tin

During the week ended Feb. 23 traders in

ferrous metals took

constructive view

were
non-

of

European
and domestic developments; London prices moved steadily
upward, particularly in copper, despite the political tur¬
moil; sales of major non-ferrous metals were well above
the average

active

on

a

more

of recent weeks.

Feb.

23.

Demand for lead turned quite
Copper consumers during the earlier

hand-to-mouth buying
policy, with sales totaling 2,951 tons during the week ended
Feb. 9 (as against 3,121 tons in the previous week), and
3,328 tons in the week ended Feb. 16. Copper sales in the
domestic market for the week ended Feb. 23 totaled 7,813
tons, the undertone of the market at the close of that period
being steady. Lead buying was sustained in greater volume
during the last week, with sales totaling 7,726 tons as
compared with 3,300 tons in the week ended Feb. 16 and
less than 1,000 tons in the week ended Feb. 9.
Sales of
common grades of zinc for the week that ended
Feb. 23
of the month

part

continued

their

totaled

more than 2,500 tons, while sales of prime western
reported by the industry for the week ended Feb. 19
amounted to 1,814 tons.
Undelivered contracts for prime
as

western

at Feb. 19 stood at

37,072 tons against 38,181 tons

week previous.

Sellers of tin experienced improved busi¬
during the week ended Feb. 23 compared with the
previous seven-day period. Announcement was made by the
a

12

Production

Shipments

542

137,962,000
137,339,000
140,151,000
136,072,000

154,184,000
179,228,000

-

540

Feb.

5

Jan.

29

534

Jan.

22

541

—

178,888,000
166,037,000

Received

185,022,000
180,616,000
198,023,000
185,077,000

All

regions but Southern Cypress, Northern Hemlock and
Northern Hardwood reported orders in excess of production
in the week ended Feb. 19, 1938.
Western Pine and North¬
ern Pine were the only regions to report shipments above
output.
All regions reported orders, shipments and pro¬
duction below similar items in the corresponding week
of 1937.

Hide*, Leather and Footwear
The First National Bank of Boston, in its "New

year.

zinc

Feb.

Orders

of

Mm

Week Ended

ness

International Tin Committee

on

second

of capacity.

quarter

will

be 55%

Feb. 18 that quotas for the

Domestic copper

prices held at the 10.00c., Valley, level, which was equiva¬
lent to the lowest price reached in 1937.
Lead at New York
declined

on

Feb. 8 from 4.90c. to 4.75c., and on Feb. 10 was

England
Letter," under date of Feb, 28, comments upon these markets
as

follows:
"Production of spring shoes thus far has averaged about

33% below last
the

is not

run

year,

and the outlook for the remainder of

clear.

Heavy leather prices have fallen to

low levels for the

movement, and hides have declined
proportionately.
"Shoe production in January is estimated to have totaled
less than 25,000,000 pairs.
February, with a smaller num¬
ber of working days, is not expected by the trade to show an
appreciable increase, although many of the old-established
producers are running at full capacity.
Retail sales of
footwear held up satisfactorily through the year-end and
stocks in the hands of distributors were reduced to approxi¬
mately the level of a year before.
Sales in January, how¬
ever, declined sharply, and February has shown little im¬
provement.
Moderate quantities of women's colored shoes
are being purchased to dress up present stocks, it being the
trade's intention to promote spring models before switching
to summer shoes.
Factories have just recently begun to
new

almost

white

cut

leather, whereas last year they made summer

models along with spring shoes as early as December.

delay is attributed to

a

This

general unwillingness to make com¬

mitments beyond urgent requirements, and to the existence
of

moderate carryover of white shoes from last summer

a

when

overproduction was in evidence.
"The seasonal demand for colored calf leather has

sus¬

tained

prices close to the January level, and some tanners
are being forced to capacity to make prompt delivery on
these special styles.
This call for side leather has recently
spread to heavier grades for men's shoes.
Patent leather
also has shown some improvement, whereas kid and suede
quiet.

are

"Sole leather has reflected

more Clearly the general de¬
production, and tanners in this line continue
about 35% curtailed.
Many orders have been filled from
inventory, and prices, which are mostly nominal, have
fallen to the lowest level since early 1935.
From the shoe
manufacturers' viewpoint, the rapid decline in heavy leather

cline in shoe

prices is encouraging, since it is paving the way toward a
resumption of profitable operations where volume produc¬
tion

be booked.

can

"While total stocks of hides

supply
usual

are not abnormally large, the
be concentrated more heavily than
packer hands.
Prices dropped precipitately on a

continues
in

to

moderate volume of trading from 11c. for light native cows
in early
lowest

January to 8c. in

level

in nearly

tyie first week of February, the

three years.

The domestic futures

exchange as well as the spot market in Buenos Aires fol¬

further reduced to 4.50c., or to the lowest price since 1985.
Zinc at New York on Feb. 8 was lowered 25 points, or from

lowed

5.35c.

days, in response to 'President Roosevelt's comments on com¬
modity prices, and packers lifted their quotations on actual

to

5.10c., the lowest quotation for this metal since
Sept. 17, 1935, when it was priced at 4.97%c.
Tin at New
York moved irregularly up and down during the month and
closed on Feb. 28 at 42.12%c. as compared with 40.50c. at
Jan, 31 last

somewhat parallel course.

hides.

The lumber industry during the week ended Feb.

19, 1938,
41% of the 1929 weekly average of production and
47% of average 1929 shipments, according to reports to the
stood at

National Lumber Manufacturers Association from regional
associations covering the operations of important hardwood

and softwood mills.

Production was about 48% and ship¬
53% of the corresponding week of 1929. Rela¬




At the middle of the

The Buenos Aires market also improved on a good

volume of European

buying."
Grain*

—

Lumber Movement

ments about

a

month, however, the exchange rebounded a full cent in two

Domestic wheat prices fluctuated more or less erratically
and within narrow limits during the past month.
A small
forward movement was followed

by a reaction and subse¬

steadiness.
Despite a slow export demand, prices
forlvheat displayed an undercurrent of strength during the
quent

early part of the month.

This was attributed to unfavor¬
in the winter wheat belt which
indicated that crop progress was becoming an increasingly
able

growing conditions

MONTHLY

10
factor

important

The

movements.

price

determining

in

in large areas in the Southwest was confronted with
the threat of severe damage by drought.
While it was ad¬

crop

mittedly too early to indulge in "crop killing" predictions,
the fact remained that moisture developments had furnished
evidence that yields in many

sufficient

would likely be less than

average.

important sections

These areas comprised

the Texas and Oklahoma

Panhandles, western Kansas and
Nebraska, and eastern Colorado.
Buying was also stimu¬
lated by talk of inflation and efforts on the part of the
Federal Administration to bring about a higher price level
for
many
commodities.
Subsequently, reports of good
moisture

over

wide

areas

prices reacted. However,
in the dry areas of the
Southwest and continued indifference of export demand,
offerings were well absorbed and prices again became
steady.
Buying was in evidence on all recessions, and this
buying generally was attributed to the steadiness in all
commodities, as well as the better tone of securities.
The
lower level of prices also resulted in a better demand for
export account, and it was predicted in some quarters that
the export demand for United States wheat would improve
during the next few months.
It was pointed out that ex¬
portable supplies of Canadian wheat were gradually becom¬
ing exhausted, making it a foregone conclusion that im¬
porters will have to turn to the purchase of United States
hard winter wheat in increasing volume.
According to
reliable statistical authorities, no country appears to have
a
burdensome surplus this season, with the exception of
the United States, and the latter is expected to carry over
about 200,000,000 bushels against 91,000,000 bushels at the
end of the 1937-38 season.
This extra 109,000,000 bushels
is expected generally to be about the entire surplus to be
beneficial moisture

the

carried

over

current

season.

into

world

the

carryover

the

at

of

end

the

The latter is expected to aggregate around

625,000,000 bushels, the smallest in some years with the
exception of last season.
The farm bill became a law, but
no one appeared to have the temerity to express an opinion
its

to

as

the

trend

throughout

steady

effect

ultimate

followed

of

30; 10%@10^c. Oct. 30 (Oct. 31 was a Sunday), the
as
Sept. 30; 10%c. Aug. 31; 10%@10%c. July 31;
10%c. June 30, the same as on May 29 (May 30 fell on a
Sunday and May 31 was a holiday); 10%@10%c. April 30;
10%c. March 31; ll%c. Feb. 27, and 10y2@10%c. Jan. 30.
No. 7 Rio was quoted on Feb. 28 at 5%c., the same as
Nov.

same

the

on

wheat,

Corn

market.

and

rye

while oats held generally
In regard to corn, while

the month.

Oct. 30
as

May 29; 9%c. April 30; 9%c. March 31; 9%c. Feb. 27, and
9%c. Jan. 30.
Rubber

an

In view of the poor crop in the

it

ever,

was

expected that

this

country

Argentine, how¬
would

be

called

furnish corn for export during the remainder of
year.
In Chicago the May option for wheat
Feb. 28 at 93%c. as against an opening price
of 93 %c. on Feb. 1.
At Winnipeg the May wheat option
closed at 127%c. as against an opening of 125% c. on Feb. 1.

upon to
the

current

closed

on

May

corn

with

an

31c.

Feb. 28 at 59c.

on

Feb. 1.

on

compared
May oats closed at

compared with an opening of 31%c.

closed at 74%c.

rye
on

as

in Chicago closed

opening of 58%c.

compared with

as

an

Feb. 1.

May
opening of 73%c.
on

Feb. 1.
Sugar

The sugar "futures" market ruled generally quiet during
the past month, and while temporary rallies occurred at

times,

the

trend

of

prices

slightly downward.
The
for the speculative neglect of this market was the

reason

was

fact that domestic sugar has been controlled most effectively
under the quota system.
Furthermore, settlement of the
stevedores'

strike in

Puerto Rico assured heavy

shipments

from that island to the United States, which had a tendency
to curtail speculative buying.
According to reports, grind¬

ing is

well under way in Cuba,

said to be

some

mills

are

delaying their operations because of unsatisfac¬

tory sugar content of the
raw

although

Demand from refiners for

cane.

quiet, while withdrawals of refined

sugars was

likewise rather poor.

oped around the middle of the month
President

were

A flurry of bullish enthusiasm devel¬

Roosevelt's

desire

on

the

theory that

for

moderately higher com¬
easily achieved in domestic

modity prices could be most
sugar because of the quota control, but this enthusiasm
was quenched when the President later stated
that there
would

be

no

change in the Administration's

Sales of Cuban

raw

sugars

policy.
during the month consisted of
sugar

the

following, all c. & f. exclusive of duty:
On Feb. 1,
prompt shipment at 2.28c., and February shipment at 2.27c.;
on
Feb. 2, prompt shipment at 2.25c.; on Feb. 7, prompt
shipment at 2.27c., and Feb. 24, May shipment at 2.25c.
The

wholesale list price for refined, immediate delivery,
quoted from 4.65c. to 4.75c. throughout the month.

was

Coffee

to

offerings, and the outlook
Brazil

and

the

more

fore,

inclined

were

would

come

to

to

Reports
an

increased

competing producers.

liberal supplies are

requirements.

for

was

coffee from the interior of Brazil
and

shipments

Shipments

of

gradually increasing,
in prospect.
Roasters, there¬

confine

that

are

their

coffee

purchases

producing

to

actual

countries

agreement which would result in stabiliz¬

ing prices above current levels

were

received with

skepticism

in the local market.

No.

7

Santos
c.

Jan.




was

31,

the

on

same

were

of general business activities as

state

United

of

reticence
of

excess

an

factories

tire

by another mild
the continued low
reflected in the pro¬

however,

Main depressing factors

nounced
and

followed,

developed,

reaction.

enter

to

to this

Kingdom and

the

market,

afloat both to the
The firmer trend

consignment rubber
country.

prevailing during the second half of the month was due,
firstly, to reports from abroad stating that the Interna¬
tional
Rubber
Regulation Committee had virtually ap¬
the plan for continuation of the control scheme
years, and secondly, to the better tone in other

proved

five

for

commodity markets engendered by the statement of Presi¬
dent Roosevelt with regard to attaining a better balance
of prices.

Slightly improved reports coming from the auto¬
stressing the somewhat better demand
for used cars, also served to support prices.
In the closing
days of the month sentiment was adversely affected by the
renewed withdrawal of factory buying, and also by the
mobile industry, and

Malayan census figures for January showing a sharp in¬
crease in stocks notwithstanding a sizable decline in pro¬
duction.
Ribbed

smoked

sheets

for

delivery were quoted at
14%c. asked Jan. 31; 14%c.
asked Dec. 31; 15%c. asked Nov. 30; 15 ll/16c. Oct. 30
(Oct. 31 was Sunday); 17%c. Sept. 30; 18%c. asked Aug. 31,
the same as on July 31; 19%c. asked June 30; 20%c. asked
May 29; 21 3/16c. asked April 30; 26%c. asked March 31;
22c. asked Feb. 27, and 21 %c. asked Jan. 30.
14%c.

spot

28 against

asked Feb.

Textiles

The

textile

directions

trades

signs

of

continued

inactive,

impending

an

although in

moderate

some

seasonal

im¬

Retail business remained dis¬
appointing in most sections.
Slackening industrial activi¬
ties and materially reduced
payrolls retarded consumer
buying, particularly in the industrial areas of the country,
with adverse weather conditions furnishing a contributing
factor in affecting the volume of sales.
In certain agricul¬
provement were in evidence.

tural

sections business held up

fairly well during the first

part of the month, but later in the period less satisfactory
reports were received from those districts.

Numerous

pro¬

motional efforts

accompanied by drastic downward revisions
in prices served to somewhat counteract adverse basic fac¬
tors, although the response of the buying public to these

promotions

did

not

continued

trade

up to expectations.
Wholesale
disappointing showing, reflecting in

come

its

growing measure the cautious attitude of retail merchants.
While price reductions for a number of

staple items stimu¬
replenishment purchases, the total volume of business
showed large losses as compared with last year's figures.
However, with the inventory position in better shape, a
moderate improvement in trading is looked for, once general
lated

business conditions show
in

February

followed

turn for the better.

a

Raw cotton

gradually rising trend, virtually
throughout the entire month, with prices reaching the high¬
est levels since the early part of last September.
Chief
causes for the upward movement were the final enactment
of the

farm

new

a

bill and

the

statement

of

the

Chief

Ex¬

ecutive

forecasting renewed efforts to raise the level of
commodity prices in general.
Although the current state
of

domestic

continues
the

new

and

ment
to

well

as

leave

to

as

foreign

much

to

consumption of the staple
desired, the provisions of
sharp curtailment in acreage

be

farm Act aiming at a

production, and also designed to impound the
loan

induce

abroad.

stocks

of cotton for

considerable

While

an

govern¬

extended

period, served
buying both here and

speculative

conservative

quarters remained somewhat
skeptical regarding the permanent efficacy of the present

governmental

measures, it was generally admitted
that,
being, considerable influence must be attached

for the time

to

these

particularly if viewed in conjunction with
of the Administration to bring about
a
"balanced price structure," generally interpreted as por¬
tending determined measures to raise the level of prices,
steps,

notably

for

advance

Feb.

28

Feb. 28 at 8%@9c.
as

on

Dec.

31;

against

7%@7%c.

agricultural

products.
Spot cotton here in
8.51c., Feb. 1.
From that point a gradual
carried the quotation to 9.37c., Feb. 23, and on

New York

was

the

price stood at 9.27c.

benefited to
raw

a

the

Business in gray cloths

moderate extent from the better tone of the

On

market.

cotton

ceeded

current

several

occasions

sales

far

ex¬

curtailed

production, but no sustained
buying movement developed, largely in view of the con¬
tinued slow absorption of finished goods in distributive
channels.

quoted

Later in the month a moderate upward

irregular trend.

movement

the outspoken intent

Only moderate activity prevailed in the market for coffee
"futures" during the past month. While there were
sporadic
rallies, prices ended lower.
Roasters showed indifference
from

early in the period under review followed

rubber

Crude

receipts from the country were relatively small considering
the size of the crop, there was a falling off in the export
demand.

31, against 6%c. Dec. 31, the same as on Nov. 30; 9c.
(Oct. 31 was ,a Sunday); 9%c. Sept. 30, the same
on Aug. 31; 9%c. July 31, the same as on June 30; 9%c.

Jan.

of the winter wheat belt prompted

scattered liquidation under which

despite

REVIEW

were

Print

quoted

at

cloths

3%c.

changed from Jan. 31.

at

Fall

River

throughout

for

the

28-inch

month,

64x60's

and

un¬

The price of 27-inch cloth, 64x60's,

MONTHLY

March, 1938]

REVIEW
in

the

far

stood

of

the Central

Committee of California Oil Producers.

unchanged at 394c., and Osnaburgs on Feb. 28
6%c., the same as Jan. 31.
The report of the
Census Bureau, Issued Feb. 14, and covering the month of
January, continued to show sharp losses in the United
States consumption of the staple as compared with last
year.
The amount consumed in January was given as
434,749 bales of lint and 44,892 bales of linters, compared
with 433,058 bales of lint and 46,462 bales of linters in
December, 1937, but 678,786 bales of lint and 62,959 bales
of linters during January, 1937,
/
The woolen goods market had a spotty appearance.
In¬
terest in men's wear fabrics continued at rather low levels,
at

clothing manufacturers, influenced by slow retail sales,
extending their purchases beyond immedi¬

as

refrained from

Business in women's wear fabrics, on

ate

requirements.

the

other hand, remained fairly active and, fortified by a
substantial accumulation of unfilled orders, a num¬

rather

proceeded to increase production schedules in

ber of mills
this division.

Japanese double extra 13-15 deniers were quoted Feb. 28
$1.65@$1.70 against $1.65@$1.70 Jan. 31; $1.50@$1.55
Dec. 31; $1.55@$1.60 Nov. 30; $1.71@$1.76 Oct. 30 (Oct. 31

at

Sunday); $1.86@$1.91 Sept. 30; $1.85@$1.90 Aug. 31;
$1.82@$1.87 July 31; $1.89@$1.94 June 30; $1.77@$1.82
May 29; $1.77@$1.82 April 30; $1.97@$2.02 March 31; $1.80
@$1.94 Feb. 27, and $2.00@$2.05 Jan. 30,
In the case of the 20-22 deniers Japanese crack double
extra were quoted at $1.59@$1.64 Feb. 28 against $1.48@
$1.53 Jan. 31, the same as on Dec. 31, against $1.49@$1.54
Nov. 30; $1.59@$1.64 Oct. 30 (Oct. 31 was a Sunday);
$1.62@$1.67 Sept 30; $1.79@$1.84 Aug. 31; $1.78@$1.83
July 31; $1.85@$1.90 June 30; $1.73@$1.78 May 29.
was a

Petroleum and /(« Product*

The

all Texas oil fields, which
27, saw daily average crude
oil production slide off to the lowest levels in nearly a
year, to furnish the most interesting development in the
domestic oil picture during February.
The initial week of February witnessed a dip in the daily
average output of crude oil to 3,316,000 barrels—the lowest
in nearly a year—and despite the fact that production

shut-down

Sunday

remained

showed

of

effect until Feb.

in

some

broadening

in

the

remaining

weeks

of

the

month, the daily average held far below the total recom¬
mended

by the United States Bureau of Mines.
saw
the Oklahoma Corporation Commission

Mid-month
back

the action of the Texas Railroad

up

Commission in

paring production in an effort to bolster the Nation's crude
oil

price structure, ordering a reduction in the daily allow¬

able

Oklahoma

for

of

barrels to 500,000 barrels,
the Oklahoma quota
some 70,000 barrels below the total suggested for that State
by the Bureau of Mines.
The monthly forecast of probable market demand issued
by the Bureau of Mines late in February put the estimated
March daily average demand for crude oil at 3,391,000
barrels.
The new total is 46,000 barrels less than the

retroactive

Feb.

to

1.

35,000

This brought

national quota suggested for the month

just closed, and is

51,100 barrels under the total recommended by the Federal
agency in March of 1937.
allowables

Lower

were

with

Texas's

share of

recommended

California

Oklahoma,

winning
Louisiana held unchanged while Kansas
increase.

for

Texas

a

slight

was

given

the national crude

and

increase.
a

oil

nominal
market

forecast at

1,344,900 barrels, against its February total
1,365,700 barrels and the current State quota of 1,405,240

was

of

Bureau of Mines estimated

requirements

daily average crude oil
(in barrels) by States as follows:
March
March
February
February
1,844.900 1,365.700 Arkansas..........
38,200
36,800
694.600
693,700 Illinois
30,700
29,900
547,700
669,700 Kentucky
13,900
14,500
239,400
239,400 New York
13,800
14,000
176,700
176,400 Montana
13,300
12.400
105,100
105,100 West Virginia
9,700
10,000
51,600
9,100
9,000
62,800 Ohio
49,700
50,400 Colorado
4,600
4,400
46,400
51,800 Indiana
2,300
2,200

Texas
California
Oklahoma
Louisiana
Kansas.New

Mexico

Michigan

..........

Pennsylvania.

Wyoming

...

March

.......

production allowable orders issued by the Texas

Railroad Commission late in the month put the new quota
at 1,300,506 barrels, which is 109,354 barrels daily under
the Bureau's recommendation for the month and nearly
405,000 barrels less than the February order. Of the total
daily allowable production, 55,970 barrels will be exported
it was pointed out
The Commission gave no indication as to whether or not
the
Sunday shut-down would be continued throughout

March.

It

indicated, however, that any decision of this
nature would wait upon the action of the other major oil
producing States.
Oklahoma had not acted by the end
of February to set its March allowable, but it was thought
that the Corporation Commission there would continue its
support of the market by keeping output down to market
was

demand.
After
of

the

excess

petroleum at the close of
421,000 barrels over the previous
period to 301,915,000 barrels, the Bureau of Mines reported
late in the month.
This compared with 303,679,000 barrels
held on Jan. 15 last, indicating that the full effects of the
lower production of crude in the major oil producing areas
in the Nation were yet to be felt in the crude oil holdings
Stocks of domestic and foreign

the Feb. 12 week were up

a

as

whole.

Proven
new

petroleum resources of the United States hit a
high as of Jan. 1 last, at 15,507,268,000 barrels, accord¬

report filed with the American Petroleum Institute
on Petroleum Reserves.
The estimate
makes no allowance for possible reserves in untested areas,
the report pointed out, representing only the amount of
crude oil which may be extracted by present known meth¬
ods from fields now completely developed or drilled, or
sufficiently drilled and explored to permit of reasonably
accurate calculations.
The new high represents a gain of
2,443,868,000 barrels over the total reported by the com¬
mittee for the corresponding 1937 date, and is more than
3,330,000,000 barrels in excess of the estimate on reserves
as of Jan. 1, 1935.
"We realize that your report concerns only those reserves
which are proven, or definitely known, and does not take
ing to

a

its Committee

by

into

consideration

the millions of

the

acres

dipping sharply in the Feb. 5 period, in reflection
decline in domestic crude oil production,

weekly

of domestic and foreign crude showed an upturn
during the Feb. 12 period—latest reported by the Bureau
of Mines—when a sudden jump in stocks held in California
offset declines in other areas and in holdings of foreign
crude oil.
California has been producting crude at a rate
stocks




additional

of land

as

reserves

available

from

yet untested, but regarded

favorable from the geological standpoint

for the accumu¬
congratulatory letter from Axtell J. Byles,
President of the Institute, to the committee, stated.
"How¬
ever, your estimate truly is indicative of the vast extent
of this Nation's assured supply of petroleum and its prod¬
ucts, and both the Nation and the industry should be grate¬
ful, not only for your work, but for this reliable assurance
of an abundance of supply.
"It might be advisable for refinery experts to survey and
report upon the contribution to abundance of supply from
the improvements in refining technique whereby greater
and growing proportions of useful products are extracted
from a given quantity of crude oil, and the volume of raw
material needed to accomplish a given amount of work
correspondingly is reduced.
We believe that an equally
accurate and exhaustive survey in this field will give equally
definite assurance that there is no logical basis for a scare
as

lation of

oil,"

a

of scarcity."

Not

only did the Nation's proven reserves of petroleum
high during 1937, but production and use of
petroleum
products
also
soared
into
record-breaking
heights, according to official reports issued during Febru¬
ary.
Shipments of American crude oil in the export mar¬
ket during 1937 spurted 30% to 67,686,000 barrels, with the
hit

a

new

rise in demand from the Far East playing a major part in

this improvement.
An increase of
line lifted the total to 37,974,000

31% in exports of gaso¬
barrels, while gas and
21% to 45,238,000 barrels.
Do¬
mestic production of crude oil during 1937 was up 16% to
1,277,653,000 barrels.
Domestic, consumption of gasoline
touched a new peak, rising 8% over the previous record set
in 1936 to a high of 518,760,000 barrels.
Gas and fuel oil
consumption set a new high at 441,814,000 barrels, up 7%.
In the legislative field, the oil industry learned of an¬
other probe of its practices when it was disclosed in midmonth that the Department of Justice was investigating
charges that major companies were "manipulating" prices
fuel

oil shipments gained

of crude oil in the East Texas field in violation of Federal

anti-trust statutes.

barrels.
The

of

recommended totals

remained

The

Federal

Bureau

of

Investigation,

the request of the Department of Justice, now has agents
in the field making the investigation.
on

First reports from the Capital indicated that the Depart¬
of Justice is engaged only in a preliminary survey

ment

to determine the accuracy of

complaints made by the inde¬
pendent refiners that the major companies have been sell¬
ing crude oil to each other and to company-affiliated refin¬
ers at a lower price than to independent refiners.
W. B.
Watson Synder, a special assistant to Attorney General
Cummings, is in charge of the probe, under the direct super¬
vision of Assistant Attorney General Robert H. Jackson,
division head.

It also

was

indicated that the investigation

will be confined to the East Texas field.

Off-the-record

however,

was

comments

of

many

that the independent

East Texas
refiners

oil

were

men,

able

to

obtain all the crude oil they needed, but that they couldn't
pay the current price for crude and show any profit in
the face of the declining tendency of the Nation's bulk

gasoline price structure. With current stocks of motor fuel
at an all-time high and the seasonal spurt in
consumption
about

a

month away, it is likely that further pressure upon

gasoline prices will be felt, with a corresponding
upon the national crude oil price structure.
From Washington

came the

news

pressure

late in

February that
Representative John M. (Coffee, of the Sixth Congressional
District of Washington, had introduced a bill before the
House of Representatives asking for the repeal of the Connally hot-oil measure on the grounds that it tended to aid
the major companies to set up monopolistic agreements.
California came the news that Governor Merriam
tentatively had set March 7 for the special session of the
From

Legislature, and that oil legislation

was first on the agenda.
From Mexico there was no official decision upon the
fight

\

12

MONTHLY

between

the major

the month closed

oil companies and the unions, although
a
fighting note as representatives of

on

foreign oil companies criticized leading Mexican labor lead¬
ers for
forecasting that the {Supreme Court would find hi
favor

of the unions.

There
In
stant
to

were

march

of

stocks

of

all-time record

new

contra-seasonal

posted during February.
branch of the industry, the con¬

finished

and

unfinished gasoline

highs shared interest only with the

expansion stocks of

gas and fuel oil which
became evident during the final part of
February.
Stocks of gasoline on Feb. 19 week—latest to be
reported

by

American

the

barrels,

a

barrels

Petroleum

record

new

than

more

was

Institute—were

high

barrels.

of

the

The

held at the

mild

Nation cut

try sets in.

gold fund amounted to $1,223,249,465.
Secretary Morgenthau announced on Feb. 3, following

year ago.

winter

which

demand for fuel

has

oil

ruled

far

over

below

the
now

brought liquidation into the markets.
whether it

or

until

spread
will

general

a

Whether

reduction

the

move¬

inevitable,

is

be corrected when the spring

expansion

in

consumption of motor fuel is felt in the markets is
problematical.
Weakness in fuel oil prices is customary
the

as

ahead

spring
of

Full

the

approaches,
normal

effects

of

but this

it

year

has

developed

time.

the

weakening of the wholesale gasoline
forcibly shown in the East Texas field
during February, when the sixth refinery eligible to ship
products in interstate commerce was forced to close its
price structure

doors.
Oo.

was

was

The Longview plant of the Danciger Oil &
Refining
the sixth refinery to close since Dec. 15.

Representative price changes, showing the trend of
refined products markets, follow:

the

Nation's
Feb.

to 7 cents a

for, 65-octane gasoline, refinery, were reported
gallon, from 6% to 7 cents a gallon in New York

Harbor.
Feb.

$200,000,000

FEBRUARY

FINANCING

to

once

the

at

taxes

TREASURY

the quarter date.

on

Feb.

10 for

appropriation of
$250,000,000 for the relief of the unemployed, the announce¬
ment by Secretary of the
Treasury Henry Morgenthau Jr.
Feb.

on

14

that

$100,000,000

additions

quarter

a

resumption by the Treasury
of sales of
Also

extra

an

deserving

to

the

would

gold
be

not

on

an

stock

of

and

is

the

the final day of the month

$50,000,000 of discount bills each

of mention

than

less

sterilized,

the

fact

week.

sales

of

month

bonds into shorter-term issues

so

tive

Bankhead,

not

request, in

these

since

in

January

the

were

offered

would

as

to

hold

back

the

its

a

outlay

relief.

on

The

available at the beginning of the
year, the President stated,

permit employment of an average of only 1,700,000
persons for the six months ending next June 30, whereas
the number of the Works Progress Administration rolls cur¬
rently was 1,950,000.
"This estimate of $250,000,000," he
"will

permit the

continued

employment

next five months of the number now on such

provide

reasonable

a

measure

for

maturity value of sales in January was $133,000,000,
$3,000,000 more than in January, 1937.
Up to
sales of the baby bonds since
March, 1935,
amounted to $1,501,000,000 maturity
value, of which $635,419,200 were sold in 1937.
31 total

Jan.

Secretary Morgenthau stated at his
28 that the Treasury would not

Feb.

March 15.
would

on

mittee

He said that

ceeds

bills,

of relief for those who have

Feb. 10 that the

on

would

not

$250,000,000 appropriation for relief
require immediate financing operations by the

government.
In
ury

Feb.

an

the

meet

4 the

issue of

new

Administration farm

bill

became law

on

Feb.

16

with the affixing of President Roosevelt's
signature.
The
bill provides for the allotment of
$440,000,000 for soil con¬
servation.
With the exception of the

provision for "parity"

payments, the President said in

a statement on Feb.
16, the
farm bill does not entail
any greater annual cost than
the sum authorized under the Soil Conservation and
Domes¬
new

Allotment

increase
such

Act.

^Parity payments," he added,

the present authorized
cost, and in

"would

order to make

payments, it would be necessary to provide additional

revenue

While

needed
the

increase the

to

finance them."

$250,000,000

appropriation
Treasury's need for cash, the

policy will tend to




conserve

the

on

for

some

the

in this article, would be

suf¬

Treasury's needs.

Federal

Intermediate Credit Bank System

$31,500,000 of 1%% consolidated debentures

at a slight premium over par value, of which total
$7,000,000
will mature in five months and
$24,500,000 in nine months.

The securities

dated Feb. 15, on which day

were

$26,950,000
leaving $187,000,000 outstanding.
Treasury bills sold on a discount basis are
given in the following tables:
of the debentures matured,

The details of

Bills

Bills

Offered

Dated

Amount of
Mature
,

Jan.

27 1938

2 1938

Feb.

May

91 days
91 days

4 1938

Subscrip¬

Offering

tions

$50,000,000 $184,593,000
50,000,000
150,294,000

Feb.

3 1938

10 1938

Feb.

16 1938

May 18 1938

91

days

50,000,000

Feb.

15 1938

Feb.

23 1938

May 25 1938

Feb.

24 1938

Mar.

2 1938

June

1 1938

91 days
91 days

Feb.

24 1938

Mar.

2 1938

June 16 1938

106 days

50.000,000
50,000,000
50,000,000

Feb.

9 1938

May 11 1938

for
new

relief

146,823,000
141.485,000
230,782,000
160,894.000

To Redeem

Bills

Subscrip¬

Offered

tions

Jan.

27 1938

Amount

Average

Accepted

1

Price

Yield

99.979

0.084%
0.080%
0.078%

Feb.

15 1938

$184,593,000
150,294,000
146,823,000
141,485,000

50,276,000

99.977

Feb.

24 1938

230,782,000

50,137,000

99.978

Feb.

24 1938

160,894.000

50,042,000

Feb.

3 1938

Feb.

10 1938

would

gold steriliza¬

Treasury's cash.

Mr.

$50,060,000
50,144,000

99.980

50,063,000

99.980

Maturing
of—

Issue

0.092%
0.086%
0.058%

99.983

NEW SECURITY ISSUES

$50,014,000
50,027,000
50,044,000
50,019,000

j 50,030,000

IN FEBRUARY

New financing in the domestic market for the
month of

February, while

very

light in volume,

showed

moderate

improvement

over

dearth of

issues coming into the market
emphasizes the
the part of business and

new

reluctance
any

on

the

total

emissions

for

January.

The

industry to initiate

project of importance at this time due

to present un¬
The most prominent issue of size to enter the

certainties.

market in

telling of the financial obligations laid on the Treas¬
by the legislative arm, it is necessary to point out that

the

conference

form of exchange securi¬
3% notes falling due on that
details of the financing would be worked

be issued

referred to previously

On

press

raise any new money

March 3 when he conferred with the Executive Com¬
of the Federal Open Market Committee.
The pro¬
of the baby bond sales and the issues of new
money

the

rolls, and will

recently become unemployed and are in need." The indica¬
tion thus given that the burdens which the
Treasury would
have to bear were increasing did not cause the market for
Treasury issues to falter.
In fact, Secretary Morgenthau
said

any

The

funds

would

declared,

1935.

Feb.

letter to Representa¬
for a $250,000,000 relief appropriation did

increase

largest for

in March,

catch

tration

tion

bonds

they were first

about

or

the market unawares.
With the sharp rise in
unemployment since business began to turn downward last
fall, it had been inevitable for some time that the Adminis¬

tic

It was stated at the Treasury

that, owing to the

advance in the longer-dated obligations.

President Roosevelt's

mature

total

continued strength of the government securities
market, the
Federal Reserve banks shifted out more of their Treas¬
ury

will

The sale of United States savings bonds—the so-called
baby bonds—continues to be an important source of cash
for the Treasury.
The Treasury announced on Feb. 6 that

sold

of

realized

be

bills

depend on the March 15 income tax collec¬
Treasury has $455,175,000 of 3% notes falling
due on March 15 and $450,000,000 of
special tax date bills
maturing immediately thereafter.

by President Roosevelt

record

would

extra

The

tions.

ficient to

the

cash

The

bill sales would

out

STATES

of

bills.

$50,-

that the amount of money that would be realized from the

date and that the

UNITED

of

additional

an

He indicated that from

15, and their maturity will restore at
money market the sums collected in income

not more

THE

System, that the Treas¬

offer

to

a

ofjhe Open Market

directly after June

Treasury financing in February three
developments stood out prominently, namely: the request

In

sale

ties

OF

begin

$300,000,000

to

the

and tank

H-cent a gallon cut in tank
and tank wagon prices of gasoline in Virginia, effective Feb. 23.

28

000,000 of discount bills every week.

car

J^c. in Arkansas, effective Feb. 15.

Federal Reserve

Feb.

on

in Tennessee and Louisiana and

Feb. 21—Standard of New Jersey posted a
car

of the

would

ury

on

14—Standard of Louisiana posted reductions in tank

wagon gasoline prices up to

than

Committee

8—Tank-car prices

cut to

At the time of the announcement the inactive

meeting with the Executive Committee

through

Weakness in both gasoline and gas and fuel oil prices—
both in the bulk and retail markets—became evident
during
the month as the pressure of constantly
expanding stocks
will

Thus the Treasury's work¬
balance will not be eaten into by gold purchases
unless another large import movement of gold to this coun¬

ing cash

89,774,000

a

expectations, and the resulting overproduction
being shown in the rising trend of stocks.

ment

with the Federal Reserve banks.

15,000,000

time

same

early
is

1936, by beginning again to reimburse itself for its outlay
buying newly-mined, scrap and imported gold up to $100,000,000 every three months by depositing gold certificates
in

at

Stocks of gas and fuel oils showed contra-seasonal
gains
two consecutive weeks, and on Feb. 19 stood at
119,-

most

In other words, the Treasury has eased the gold
policy that had been in effect since Dec. 22,

sterilization

approximately

and

for

948,000

Morgentliau's announcement of Feb. 14 set forth that "gold
acquired by the mints and assay offices after Jan. 1, 1938,
will be included in the inactive gold account
only to the
extent that such acquisitions in any quarter exceed $100,-

000,000."

crude oil prices

no

refined products

the

EEYIEW

February

Appalachian

was

Electric

the

Power

$67,000,000 offering of the
Co.

Two

other

companies

which disposed of their securities during the
month, through
private sale to banks and insurance companies, were the
New England

Telephone & Telegraph Corp., the amount
being $20,000,000, and the Pacific Gas & Electric Co., total¬
ing $15,000,000.
In addition, the United States Steel
Corp.
on

Feb. 1 announced that it had obtained loans
from New

York, Chicago and Pittsburgh banks
aggregating$50,000,000
and maturing in one, two and three
years.
Below we give
the larger offerings in
February:
PUBLIC UTILITY FINANCING
15,000,000 Pacific Gas & Electric Co.—The company has sold
privately
$15,000,000 1st & ref. mtge. 3bonds, series I, due in 1966.
The bonds

were

disposed of at private sale

insurance companies and
issue

is

to

one

bank.

to

a

group of fire

The purpose of the

new

replenish working capital and provide additional

funds for construction purposes.

$67,000)000 Appalachian Electric Power Co.—Bonbright & Co., Inc.,
on Feb. 2 headed a nation-wide underwriting group of 60 in¬
vestment houses offering an aggregate of $67,000,000 bonds
and debentures of the company, consisting of $67,000,000 first
mortgage bonds, 4% series due 1963, and $10,000,000 sinking
fund debentures, 4H% series due 1948.
The bonds were
priced at 9854 and the debentures at 10054, exclusive of ac¬
crued interest.

also from individuals and banks in various parts of the country.
The sale of the $10,000,000 of 454% sinking fund debentures

had been slower, due to the fact that major efforts were con¬
centrated on the sale of the bonds, but the bankers announced
Feb. 3 that subscription books on the debenture issue had been

closed, the issue having been oversubscribed.

20,000,000 New England Telephone & Telegraph Corp.—The private
sale of $20,000,000 first mortgage 354% bonds, due Feb. 1,
1968, at par to seven insurance companies was announced
Feb, 1 by the company.
The new $20,000,000 bond issue will
increase the company's funded debt to $95,000,000.
There
are
outstanding at present $35,000,000 first mortgage 5%
bonds, series A, due June 1, 1952, and $40,000,000 first mort¬
gage 454% bonds, series B, due May 1, 1961.
It is believed
that proceeds of the new financing will be used to pay off part
all of advances from the American

Telephone & Telegraph

Co., which stood at $17,800,000 on Dec. 31, 1937.

was

Corp.—Additional dividend of 70c.

paid

on

a share on the common stock
An interim dividend of 30c. was paid on Jan. 3, last.

Feb. 28.

Maryland Fund, Inc.—Extra distribution of 254c.
a

semi-private sale by a syndicate under the joint
management of John Nuveen & Co., and A. O. Allyn & Co.,
Inc., both of Chicago.
The bankers paid a price of par for
$23,788,000 as 354s, due semi-annually from 1938 to 1949,
incl., and $9,900,000 354s» maturing in six month intervals
1949 to 1958, incl.
A nation-wide banking syndicate
participated in the marketing of the obligations, with the
354s being priced to yield from 0.50% to 3.05%, according to
maturity, and the 354s on a basis or from 3.10% to 3,25%.
The bonds are not subject to call prior to redemption and are
part of a total authorization of $60,000,000.
Of the amount
currently sold, about $21,217,000 were issued to provide for
the redemption of a like amount of highway securities pre¬
viously issued and outstanding.
The State has already an¬
nounced its intention to redeem the original debt on April 1,
from

5,000,000 Louisiana (State of) highway bonds, comprising $2,791,000
4s due from 1942 to 1956, incl., and $2,209,000 354s. maturing
from 1957 to 1961, incl., were awarded to a group headed by
Lazard Freres & Co., New York, at 100.012, a net interest
cost of about 3.72%.
In the reoffering, the 4s were priced
to yield from 2.50% to 3.70% and the 354s to return the
investor 3.65%,

1,600,000 Duval County Road District No. 1, Texas, 5% road bonds
were purchased by the Mercantile Commerce Hank & Trust
Co., of St. Louis, and associates.
1,203,000 New York, N. Y., 4% rapid transit subway bonds, due
$500,000 in 1957 and $703,000 in 1958, were purchased by
Barr Bros. & Co., Inc., New York, at a price of 121.159.
The
bankers made no formal reoffering of these bonds, which,
incidentally, were included in the total of $3,6372800 awarded
by the Reconstruction Finance Corporation on Feb. 10.
1,031,000 Maryland (State of) 2% certificates of indebtedness, matur¬
ing from 1941 to 1953, incl., were awarded to an account headed
by Goldman, Sachs & Co. of New York at 101.30, a basis of
about 1.89%.
Reoffered to yield from 1.10% to 2%, accord¬
ing to maturity.
i
CHANCES IN FEBRUARY

Ohio State Life Insurance Co.—Extra dividend of 20c.

divided
the

into

two

sections,

namely

"Favorable

Changes"

"Unfavorable Changes," gives the more important of

changes:
FAVORABLE

CHANGES

American Lace Mfg. Co.—Special dividend of 50c. a share on the no par
common stock was paid on Feb. 8.
This compares with a dividend of
25c. distributed on July 20 last.

Asbestos Corp., Ltd.—Initial quarterly dividend of 50c. a share and an
extra dividend of 50c. a share on the common stock, both payable Mar. 31.
Brookline Oil Co.—Dividend

on the $1 par common
1 cent a share to 2 cents a share on Feb. 15.

stock increased from

Budd Wheel Co.—Participating dividend of 25c. a share and a regular

quarterly dividend of $1.75 a share on the 1st pref. stock, both payable
March 31.

'

Bunte Brothers—Dividend on the common stock increased from 50c. a
share to $1 a share, payable Feb. 21.

Canadian Pacific Ry.—Dividend of 2% on the 4% non-cum. pref. stock,
par £1, payable April 1.
A dividend of 1% was paid on
the latter being the first dividend paid since Oct. 1,1932.

April 1, 1937,

Chickasha Cotton Oil Co.—Special dividend of 50c. a share on the com¬
mon stock,
payable March 1. This will be the first dividend paid since

July 1, 1936, when a regular quarterly special dividend of like amount
was

distributed,

Churngold Corp.—Dividend
share to 20c. a share,

Cosmos
lar

on the capital stock increased from 15c. a
payable March 30.

Imperial Mills, Ltd.—Extra dividend of 25c.

a

share and a regu¬

quarterly dividend of like amount, on the no par common stock,

both payable Feb.

15.

Crowley, Milner & Co.—Initial dividend of $6 a share on the 6% noncum. pref. stock was paid on Jan. 20 last.
De Havilland Aircraft

Co., Ltd.—Extra dividend of 254% &nd a final
registered stock, both payable to holders

dividend of 10% on the ordinary
of record Jan. 19.
Dr.

Pepper Co.—Directors declared four dividends of 25c. a share each on
no par common stock, payable the first day of March, June, Sept.
and Dec.
Previously, regular quarterly dividends of 20c. a share were

the

distributed.

Kodak Co.—Dividend on the no par common stock reduced
from $2 a share to $1.50 a share, payable April 1.
Gatineau Power Co.—Initial dividend of $1.25 a share on the new 5%
preferred stock, payable April 1.
(James) Hanley Co.—Initial dividend of 8754c. a share on the 7% pref.
stock, payable March 1.
Imperial Paper & Color Corp.—Dividend on the $25 par, common stock
increased from 50c. a share to 75c. a share, payable April 1.
International Products Corp.—Dividend of $6 a share on the 6% cumul.
preferred stock, par $100, payable Feb. 15. This dividend clears up all
accruals on the preferred stock.
4
Eastman




on

a

a

share in addi¬

tion to the regular quarterly dividend of 25c. a share on the $10
par,
common

stock; both

were

paid

on

Feb. 1, last.

Ontario Mfg. Co.—Dividend on the no par common stock increased from
25c. a share to 50c. a share, payable April 1.
Penick & Ford, Ltd.—Dividend on the no par common stock increased
from 25c. a share to 50c. a share, payable March 15.
,

Sheep Creek Gold Mines, Ltd.—Extra dividend of 1 cent a share and a
quarterly of 3 cents a share on the common stock, both payable April 13,
Previously regular quarterly dividends of 2 cents a share were distributed,
Sioux City Stock Yards Co.—Dividend of 37He. a share was paid Feb. 15
the common stock.

on

A regular quarterly of like amount was paid on

May 15 last.
Southeastern Greyhound Lines—Initial dividend of 30c. a share on the
6% non-cum. pref. stock, par $20, payable March 1.
Union Premier Food Stores, Inc.—Common stock placed on a $1 annual
basis with declaration of the first regular

quarterly dividend

Three cash dividends of 20c. each

share, payaole April 1.
1937.

of 25c.

were

a

paid in

Line, Inc.—Initial semi-annual dividend of $2.50

share on the

a

5% first pref. stock became payable on Feb. 15, and an initial dividend
of $1 a share on the common shares on March 1.
Woolf Brothers, Inc.—Dividend of $1.20 a share on the class B partici¬
pating preferred stock became payable Feb. 5.
This compares with
an initial dividend of $1 a share
paid on this issue on Feb. 23,1937.
York

Knitting Mills, Ltd.—Initial semi-annual dividends of $3.50
paid on the 7% 1st pref. and 7% second pref. stock.

Acme Steel Co.—Dividend

a

share

$1

share to 50c.

a

a

on

CHANGES

the $25 par common stock reduced from

share, payable March 12.

Acme Wire Co.—Dividend on the $20 par, common stock decreased from
$1 a share to 50c. a share and became payable on Feb. 15.

Allen

Industries, Inc.—Directors deferred action "for time being with

respect to declaration and payment of regular quarterly dividend normally
payable March 4, or account of prevailing unsettled business conditions.
A

regular

dividend of 25c.

quar.

Allis-Chalmers

Mfg.

a

share

was

distributed

Co.—Dividend of 3754c.

on

Dec. 4, last.

share in the no par
stock, payable March 31.
This compares with $1.50 a share
paid on Dec. 22 last, and $1 on Sept. 30, last.
Aluminum Goods Mfg. Co.—Dividend on the no par common stock
a

common

reduced from 40c.

a

share to 25c.

American Chain & Cable

a

share, payable

April 1.

Co., Inc.—Dividend of 25c.

a share on the
stock, payable March 15.
Dividends of 50c. a share were paid
preceding quarters.
American Electric Securities Corp.—Dividend of five cents a share on
the participating preferred stock, payable March
1.
Previously, a
dividend of 754 cents a share was distributed.

in each of the three

American Steel Foundries Co.—Dividend of 25c.

stock, payable March 31.
paid during 1937.

common
were

Anaconda

Copper Mining Co.—Dividend

decreased from 50c.

a

share to 25c.

a

share

on

Four dividends of 50c.

a

on

the

a

no

par,

share each

the $50 par, capital stock
March 28.

share, payable

Arnold Constable Corp.—Dividend on the $5 par, common stock reduced
from 25c. a share to 1254c. a share, payable March 21.
Beneficial

Loan

par common

Society (Del.)—Dividend of 12 54P-

stock, payable March 1.
on Sept. 1, last.

a share on the no
This compares with 15c. paid on

Dec. 1 and 20c.

Bigelow-Sanford
dividend

Carpet Co.—No action taken on the payment of a
ordinarily due at this time on the no par common shares.
a share was paid on Dec. 1, last.
.

One of 50c.

Bireley's, Inc.—Directors
on

the

common shares

on

Jan. 18 took no action .on the dividend due '
ended Jan. 31, 1938.
A regular
share was paid on Oct. 25, last.

for the quarter

quarterly dividend of 15c.

a

Birmingham Fire Insurance Co. of Ala.—Dividend on the common
stock decreased from 40c. a share to 25c. a share, payable March 31.
Bond & Share

Unfavorable changes in dividend declarations in Februaryoutnumbered the favorable changes.
The following list,
and

regular

share

common

>C:

DIVIDEND

a

& Accident Insurance Co.—Directors have declared
stock dividend of 33 1-3% on the common stock, payable March 1,
\

UNFAVORABLE
were pur¬

at

1938.

a

National Life

MUNICIPAL FINANCING

'

share and

were

not revealed in the announcement.

$33,688,000 Mississippi (State of) first series highway bonds
chased

a

share, both payable March 15.

Midwest Piping & Supply Co., Inc.—Extra dividend of 40c.
the common stock, payable Feb. 24.

Wilson

$60,000,000 United States Steel Corp.—At the close of the regular weekly
meeting of the finance committee on Feb. 1, the corporation
stated that it had borrowed from banks in New York, Chicago
and Pittsburgh $50,000,000, maturing in one, two and three
years.
The corporation has arranged for these loans in an¬
ticipation of substantial outlays to be required for new construction under way.
The rate of interest to be paid on the
was

Lionel

United Drill & Tool Corp.—Initial quarterly dividend of 15c. a share was
pqid Feb. 1 on the class A stock.

INDUSTRIAL AND MISCELLANEOUS FINANCING

loans

Leslie Salt Co.—Two dividends of 65c. a share each on the capital stock,
one payable March 15 and the other
payable June 15.
Previously,
regular quarterly dividends of 50c. a share were distributed

quarterly of 6c.

Boston
Corp.; Tucker, Anthony & Co.: Oofrin & Burr, Inc.; Brown
Harriman & Co., Inc.; Smith, Barney & Co.; Blyth & Co.,
Inc.; Mellon Securities Corp.; W. C. Langley & Co.; Harris,
Hall & Co. (Inc.), and Jackson & Curtis.
Bonbright & Co., Inc., announced Feb. 2 that the offering
of $57,000,000 bonds had been heavily oversubscribed and the
subscription books closed.
The offering, according to the
announcement, has been very well taken and met with a good
response, not only from the larger institutional investors, but
Other members of the offering group were: The First

or

13

MONTHLY REVIEW

Mabch, 1938]

Trading Corp.—Directors at their recent meeting took

no action on the payment of a dividend on the 6% preferred stock.
distribution of 37He. a share was made on Dec. 1,1937.

A

Bridgeport Brass Co.—Directors

on Feb. 18 took no action on the divi¬
dend on the company's no par common stock.
A dividend of 10c. was
paid on Dec. 17, last.
Bunker Hill & Sullivan Mining & Concentrating Co.—Directors re¬
cently decided to discontinue the payment of common dividends for the
time being.
A dividend of 37He. a share was paid on Nov. 10, Sept. 1
and on June 1, last.

Chicago Rivet & Machine Co.—Dividend of 15c. a share on the new
$4 par common stock, payable March 15.
This compares with 50c.
paid on Dec. 15, last.

Chrysler Corp.—Directors
this time.

on

Feb. 24 decided not to declare a dividend at
13. last.

A distribution of $3 a share was paid on Dec.

City Ice & Fuel Co.—Directors recently decided to postpone action on the
payment of a dividend on the common shares until their March meeting.
A regular quarterly of 50c. a share was paid on the common stock on
Dec. 15, last.

-

Clark Equipment Co.—Directors on Feb. 15 took no action on the pay¬
ment of a dividend on the no par common stock ot this time.
A special
of $3

a

share payable in $100 par, 7% cum. pref. stock was paid on

Dec. 1, last.
Collins & Aikman Corp.—Dividend of

50c. a share on the no par common
This compares with $1 paid on Dec. 1 and on

stock, payable March 1.
Sept. 1, last.

Compressed Industrial Gases, Inc.—Dividend on the common stock
reduced from 50c. a share to 25c. a share, payable March 15.

Congoleum-Nairn, Inc.—Dividend on the no par common stock reduced
from 50c. a share to 25c. a share, payable March 15.
Continental Steel Corp.—Directors on Feb. 15 decided to defer action on
the common dividend until their March meeting.
A quarterly of 25c.
a share was paid on Dec. 24,1937.
Detroit Harvester Co.—Dividend on the common stock reduced from
25c. a share to 1254c. a share, payable March 1.
Duke Power Co.—Dividend on the common stock decreased from $1.50
a share to 75c. a share, payable April 1.

(E. I.) du Pont de Nemours & Co., Inc.—Interim dividend of 50c. a
share on the common stock, payable March 14.
This compares with $2
a share paid on Dec. 14 last.
Eastern Utilities Associates—Action on the payment of a dividend on the
convertible preferred stock at this time was deferred.
A dividend of
10c. a share was paid on Dec. 16 and on Nov. 15 last.
Electric Auto Lite Co.—Dividend of 25c. a share on the $5 par common
stock payable April 1.
This compares with 40c. paid on Dec. 27 last.
Elgin National Watch Co.—Dividend of 25c. a share on the $15 par
capital stock, payable March 15.
This compares with $1.50 paid on

Dec. 15 last.
General Motors

Corp.—Dividend of 25c. a share on the par $10 common
This compared with $1.50 paid on Dec. 13

stock, payable March 12.
last and $1 paid on Sept.

13 and

on

June 12 last.

Globe Wernicke Co.—Dividend on the common stock reduced from 25c.
a

share to 10c.

a

share, payable March 15.

14
Goodyear Tire & Rubber Co.from 50c.

.

EEYIBW

MONTHLY

share to 25c.

a

Dividend on the common stock reduced
share, payable March 15.

a

Shepard-Niles Crane & Hoist Corp.—Dividend of 50c. a share on the
common stock, payable March 1.
A distribution of $1.50 was made on
•

Group No. One Oil Corp.—Dividend

the no par capital stock reduced
share, payable March 31.

from $100 a share to $50 a

on

Hamilton Watch Co.—Dividend of 25c. a share on the no par common
stock, payable March 15.
This compares with 75c. a share paid on
Dec. 15 last and 60c. paid on Sept. 15 last.
Harbison-Walker

Refractories Co.—Dividend

stock decreased from 50c. a share to 25c.

the

on

no

common

par

share, payable March 1.

a

Hecla Mining Co.—Dividend of 10c. a share on the capital stock of 25c.
par value, payable March 15. This compares with 25c. paid in each of
the preceding quarters.

Southern

of Philadelphia—Dividend

stock reduced from $1 a share to 75c. a share, payable March

Jaeger

Machine

Co.—Directors

dividend

on

the

paid

on

took

action

no

United Elastic Corp.—Dividend of 10c.

a share on the no par common
stock, payable March 24. This compares with 15c. paid on Dec. 24, last,
and 20c. on Sept. 24, last.

United Printers & Publishers, Inc.—Dividend of $1 a share on the $2
cumulative convertible preferred stock, payable Feb. 24.
This dividend
covers

Kennecott

no

of

a

of

One of $1.25 a share

par common shares at this time.

share to 25c.

a

on the no par
common
share, payable March 31.

a

Kingston Products Corp.—Directors took

stock

action on the common
stock dividend usually payable on March 15. A regular quarterly dividend
of 10c. a share was paid on Dec. 15, last.
no

Lehn

& Fink Products Co.—Dividend on the $5 par common stock
reduced from 62He. a share to 30c. a share, payable March 14.

Llbbey-O wens-Ford Glass Co.—Dividend
common

stock,

payable March

15.

of 25c.

This

share on the no par

a

with

compares

paid on

$1

Dec. 15 and $1.50 on Sept. 15, last.

Lock Joint

1

Pipe Co.—Monthly dividend

the common stock reduced
paid on Jan. 31, last. Other

on

from 75c. a snare to 67c. a share and was
dividends of 67c. a share and 66c. a share

also declared on this

were

issue, payable Feb. 28, and March 21, respectively.
Magma Copper Co.—Dividend of 35c. a share on the $10 par common
stock, payable March 15.
This compared with a year-end dividend of
$1.25
and

a share

paid on Dec. 15 last
15, 1937.

March

50c.

ana

ergenthaler Linotype Co.—Directors
declaration of

dividend on the

a

Dividends of 50c.

this time.
of 1937.

1, 1938, thus clearing

dividend

on

quarterly of $1

Copper Corp.—Dividend

reduced from 50c.

a

a

no

share

a

on

Sept

15

P

1

Feb. 15 deferred action on the
par capital stock ordinarily due at

Michigan Steel Tube Products Co.—Directors

Feb. 10

on

each

quarter

deferredactlon

THE STOCK MARKET

COURSE OF

advance

last

since

ment in

prices on

and when the

last

market made

November

in the

Morris Finance Co.—Dividend of $2.50

a share on

the class A common

and one of 50c. a share on the class B common
stock, both payable March

31.

Previously a regular quarterly dividend of $3.25

a

shSre

on the class A shares and a regular quarterly dividend of
A5c.
the ciass B shares.

Motor

was

paid

share on

a

Corp.—Dividend of 20c. a share on the common stock
payable March 10.
Previously regular quarterly dividends of 40c. a
distributed.

were

Munsingwear, Inc.—Dividend
reduced from 75c.
New

Bedford

on the common stock of no
par value
share to 25c. a share and became
payable Feb. 21.

a

Cordage Corp.—Dividend

on the $5 par common Stock
reduced from 50c. a share to 25c. a
share, payable March 1.
Newmarket Mfg. Co.—Dividend on the no
par capital stock reduced from
$1 a share to 50c. a share and became payable on Feb.
15.
Newmont Mining Corp.—Dividend on the
capital stock reduced from
75c. a share to 50c. a share, payable March 15.
New York Air Brake Co.—Dividend on the
no par common stock decreased
from 50c. a share to 25c. a
share, payable March 1.
New York Transit Co.—Dividend of
15c. a share on the $5
par capital
stock, payable April 15.
This compares with 60c. a share paid on
Dec. 28, last and 25c. on Oct. 15, last.
y

Noblitt-Sparks

Industries,

Inc.—Dividend

on

stock reduced from 75c. a share to 25c. a
share,

Otis

Elevator

from
„

40c.

60c.

a

Co.—Dividend
share to

15c.

a

the

on

no

par

the

no

par

common

payable March 31.
stock

common

Paraffine

decreased

share, payable March 21.
A dividend of
on Sept. 25 last and 60c. a share on
of
50c. a share on the no par
Four quarterly dividends of $1 a

no action on the common dividend
One of 25c. in cash and 75c. in debentures was

Pennsylvania Gas & Electric Corp. (Del.)—Directors
of the dividend due

of

37He.

share

a

on

the class A stock at this time.

paid

was

on

this issue

Pennsylvania Salt Mfg. Co.—Dividend

omitted payment

A regular quarterly

Dec. 1, last.

on

the $50 par,

on

common

stock

reduced from $3 a share to $1.25 a share,
payable March 15.

Peoples Gas Light & Coke Co.—No action
i

on dividend to be considered
until later in the year according to a statement of the chairman of
the
board of directors made on Feb. 23.
A distribution of $2 a share was
made on the capital stock on Dec. 10, last.

Pepperell Mfg. Co.—Directors
payable at this time

on

dividend of $3

Feb. 4 omitted the dividend ordinarily
$100 par
capital stock.
A semi-annual
paid on Aug. 16, last.

was

from 35c.

a

share

on

a

share to 10c.

$25 par
capital stock reduced
share, payable March 10.

a

on

the

Pittsburgh Metallurgical Co.. Itnc.—Dividend ordinarily due
„

time
was

at this
A regular quarterly of 25c. a share

on the common stock omitted.
paid on Dec. 15, last.

Rapid Electrotype Co.—Dividend
from 60c.

a

share to 40c.

a

.

the no par common stock reduced
share, payable March 25.
on

Raybestos-Manhattan, Inc.—Dividend
reduced from 50c.

a

a

share

were

on

the

no

par

common

stock

share to 37 He. a share, payable March 15.

Reynolds Metals Co.—Dividend
payable March 1.
During the
25c.

of 15c.
year

share

a

on

the

stock,
1937 four quarteriv dividends of
common

distributed.

Roberts Public Markets, Inc.—Dividend
usually payable on the common
stock on a April 1 to be omitted.
A regular quarterly of 20c. was paid
on Jan. 1. last.

Schiff Co.—Dividend
to 25c.

a

on

the common

Selby Shoe Co.—Dividend
payable March 5.
on May 5, last.

of 25c.

a

share

on

the

50c.

a

the $5
of

par

stock,
Dec. 6. Aug. 5 and

on




the class

a share was paid on
Dec. 22, last, and a stock dividend of l-20th
each share of $1 par class B stock held on

on

(Frank G.) Shattuck Co.—'Dividend
share to 10c.

on

A quarterly dividend of 22c.

class A stock

share of class A stock
the same date.
a

index

a

50

of

of

that a

stocks

new

York
of
be

New

the

by

compiled

"Times" amounted to 6.19 points, following an advance
0.27 of a point in January.
But the price rise must
off against the volume of

set

trading to get a true gauge

performance.
The share turnover came to
only 14,526,094 shares in February, the smallest volume of
dealings for any month since February, 1935. The February
transactions compared with 24,151,931 shares in January
and with 50,248,010 shares in February, 1937.
On only
two days during the month did volume amount to as much
as 1,000,000 shares.
An even greater degree of slack trading was observable
in the bond market.

Bonds traded

on

the New York

Stock

Exchange had a total par value of $127,593,000, a new low
since August, 1928.
The total compared with $165,910,000
in January.
Turnover in United States Government issues
fell to $11,014,000 from $16,353,000 in the previous month.
But in bonds, as in stocks, the course of prices was upward,
with some of the second-grade issues experiencing especially
vigorous advances.

Taking up in detail the behavior of stock prices in Febru¬
one finds that most of the strength was in the indus¬

trial shares,

hold

and that the rails could do scarcely any more

their

The

railroad

equipments, however,
Among the
industrials, the greatest strength was displayed by the
manufacturing, store, copper, and oil shares.
The utility
stocks alone among the major stock groupings were unable
did

own.

considerably

better than their customers.

to better their market

standing during the month.
Utility
bonds, too, were less in demand than corporate issues gen¬
erally.
There
in

stock

question whether the fairly sharp gain

some

was

prices was attributable to

ment in business

conditions

sentiment

in

the

Commission's ban

or

to

on

the

common

share, payable March 21.

stock reduced from

market.

against

The

a

some modest improve¬
change in the technical

Securities

and

short sales, except at

Exchange
price at

a

least Ys point above the last previous sale price in the case
of round

lots, became effective

on

Feb. 8, and it is possible

that the rise in prices simply met with less opposition from
shorts than would normally be the case.
In its Feb. 8
short selling regulation the SEC made an exception of odd

lot dealings, but when, toward the close of the
month, the
weekly figures on odd lot transactions showed a larger
amount

of

sales

than

invariable rule—the

purchases—contrary

Commission

let

it

be

to

selling rule

was

very

the

known

would look into the matter at once to see if the

almost
that

it

spirit of its

being violated.

low volume of stock dealings indicated

that speculators and investors
into optimists overnight.

were not being transformed
Certainly the clouded outlook for

business still

purchases.

s

15c.

making.

the

share

no par common

This compares with 40c. paid on

AaS£ B dividends.

the price advance, how¬
bull movement was
The increase in average prices, as measured

might conclude

one

Certainly the

Serrick Corp.—Directors on Feb. 18 decided to defer action
t

by

short
stock reduced from

share, payable March 15.

Scranton Lace Co.—Dividend on the common stock reduced from 60c.
a share to 25c. a
share, payable March 31.

l

ever,

the

Phelps Dodge Corp.—Dividend

Feb.

on

of the month.

Looking at the bare record

than

,

usually due at this time.
paid on Dec. 15, last

began

ary,

Companies, Inc.—Dividend

common stock, payable March 28.
share each were paid during 1937.
Parker-Wolverine Co.—Directors took

which

continuity than any which had developed in the last seven
months, and substantially all of the gains were retained

a share was paid on this issue

Dec. 20, last.

rise

of

community
4 had more

investment

the

of the market's

Wheel

share

The

heart.

at about the lows

stand

a

December

and

Modine Mfg. Co.—Dividend of 50c. a share on the

no par common stock
This compares with $1 paid on Dec. 20 last and 75c.
1 and on Aug. 2, last.

considerable

July.
There was a trace of unsettlethe second and third days of the month,

right through to the end

Nov.

A regular

FEBRUARY, 1938

DURING

The stock market enjoyed last month its most

(I.) Miller & Sons, Inc.—Dividend of $2.25 a share on the new
8% cum.
pref. stock, par $50, payable Feb. 23, and a dividend of $2.50 a share on
the old 6H% pref. stock, payable Feb. 21.
The previous payment on
the new pref. stock on Feb. 16, 1937, amounted to
$10.75 a share.

on

the declaration

on

Wagner Electric Corp.—Dividend of 25c. a share on the $15 par common
stock, payable March 21.
This compares with $1.25 paid on Dec. 20,
last, and 50c. a share on Sept. 20. June 21, and on March 20, 1937.
Willson Products, Inc.—Dividend on the $1 par common stock reduced
from 25c. a share to 15c. a share, payable March 10.
Youngstown Sheet & Tube Co.—Directors on Feb. 17 took no action on
the payment of a dividend on the common stock ordinarily due about
March 20. A dividend of 75c. a share was paid on Dec. 20, last.
Youngstown Steel Door Co.—Dividend of 25c. a share on the no par
common stock, payable March
15.
A dividend of 75c. was paid on
Dec. 15, last and one of $1.25 a share on the larger amount of shares
outstanding on Sept. 15, 1937.

took

payable March 20.

action

common stock ordinarily due at this time.
share was paid on November 15, last. *

the payment of the common dividend
ordinarily due at this time.
Dividends of 50c. a share were paid on Deo. 10 and
Sept. 10 last.
Midvale Co.—Dividend of 75c. a share on the no par capital sroek navable
April 2.
This compares with $2.50 paid on Dec. 18 last.
'
on

no

the

a

on

share were distributed in

1, 1937 and the 50c.
all acruals on this issue. >

up

Van Raalte Co., Inc.—Dividend of 50c. a share on the $5 par common
stock .payable March 1.
This compares with $1.37 H paid on Dec. 1 last,
and 75c. on Sept. 1 and June 1, last.

June 15

'

distribution

the 50c. disbursement due Oct.

due Jan.

Utica & Mohawk Cotton Mills—Directors took

Nov. 24, last.

was

stock

5.

Dye wood Corp.—Directors on Feb. 15 took no action on the
payment of the common dividend ordinarily due at this time.
One of
25c. a share was paid on Jan. 3, last and each three months previously.

15.

the payment

on

reduced from

common

United

the no par common

on

on the $10 par capital
share payable March 1.

a

Roller Bearing Co.—Dividend on the no par
reduced from 75c. a share to 25c. a share, payable March

Interlake

Investment Corp.

share to 15c.

a

Timken

,

Steamship Co.—Dividend of 25c. a share on the common
stock, payable Apru 1. A dividend of $2.50 was paid on Dec. 20, last,
and $1.50 on Oct. 1, last.

stock decreased

Pipe Line Co.—Dividend

from 25c.

Standard Brands, Inc.—Dividend on the common stock
20c. a share to 15c. a share, payable April 1.

"*

Holophane Co., Inc.—Dividend on the no par common stock reduced
from 50c. a share to 30c. a share, payable March 1,
Humble Oil & Refining Co.—Dividend on the no par common stock
reduced from 62He. a share to 37He. a share, payable April 1.

Dec. 1, last.

Simonds Saw & Steel Co.—Dividend on the new no par common shares
decreased from 80c. a share to 20c. a share, payable March 15.

stock
that

market
could

was

The
be

counselor

of caution in making stock
background against which the
only negatively encouraging.
The most
a

business

was

said

was

that

the

business

trend

line

was

flattening out after the violent drop in the last four months
of 1937, and that the trend of bank credit also
suggested
that the period

of heavy liquidation

was

over.

MONTHLY

March, 1938]
Wliile

the

future

with

fraught

still

was

without

not

was

ing Administrator Stewart McDonald on Feb. 19.
Here at
was a concrete effort by the Administration to stimu¬

last

late recovery in

the construction industry.
Representative Bankhead, on Feb. 10, Presi¬
dent Roosevelt asked Congress to appropriate $250,000,000
In

letter to

a

for relief through

the Works Progress Administration dur¬
ing the remainder of the fiscal year.
It had been known
that the Administration would expand its relief expendi¬

relief money asked
for was small enough, relatively, to indicate that Mr. Roose¬
velt had not yet gone in for pump-priming in earnest.
Con¬
tinuing the Administration's moves in sequence, it should
be pointed out next that on Feb. 14 Secretary of the Treas¬
ury Henry Morgenthau announced that in the future gold
tures,

and

would

the

stock

in

sterilized

be

not

additional

of

amount

additions

until

monetary

the

to

He admitted
quite frankly that he hoped that the move would stimu¬
late a rise in the more sensitive commodity prices.
Then
Feb.

on

18

$100,000,000.

quarter exceeded

any

Roosevelt issued

President

statement further

a

clarifying his views with respect to prices.
He declared
that prices of different groups of products "must be brought
into balanced relations to one another" and that, for the
moment, the objective must be to reverse the deflationary
trend that had been going on for

ther

the last six months. Fur¬
devaluation, he stated quite definitely, would

dollar

Feb.

4Ms
3 Ms

Treasury 3s
Treasury 3Ms

Treasury 3Ms
Treasury 3 Ms
Treasury 3Ms
Treasury 3Ms
Treasury 3 Ms
Treasury 2%b

Treasury 2Ms
Treasury 3Ms

Treasury 2Mb
Treasury 2 Ms
Treasury 2Ms
Treasury 2 Ms

7 108.10 Feb.

26

108.6

112.20 Feb.

9 113.6

25

113.6

7 111.21 Feb. 28

111.21

107.30 Feb.

8 108.22 Feb. 28

108.20

104.7

1943-1947
1951-1955
1946-1948
1940-1943
1941-1943
1946-1949
....1949-1952
1941
1944-1946
....1955-1960
-...1945-1947
1948-1951
1951-1954
1956-1959
1949-1953

7 104.30 Feb.

25

104.25

105.17 Feb.

8 106.4

Feb.

28

106.2

106

105.29 Feb.

4 106.8

Feb.

25

106.8

107.3

106.30 Feb.

10 107.13 Feb. 26

106.13

106.6

Feb.

7 106.28 Feb. 26

106.8

106.3

Feb.

8 106.22 Feb.

26

106.16

107.11

107.5

Feb.

8 107.20 Feb.

24

107.18

107.24

107.13 Feb.

Feb.

28

108.3

lending

operations.

which he placed on
Jones

said

that

Thus he withdrew the restrictions
RFC loan activities last October.
Mr.

the

Corporation had about $1,500,000,000
available for lending, but he did not believe there would be
any demand for a considerable part of it.
It remains to
be said that the 30-day filibuster in the Senate over the
Wagner-Van Nuys anti-lynching bill was ended on Feb. 21,
thereby giving rise to hope that the Senate might be pre¬
pared to act promptly when the long-delayed tax revision
laid

was

its doorstep.

on

As to the fluctuations in individual stocks, United States
Steel

Feb. 23 at

Feb.

at

the

Feb.

4

at 49%

and at its highest

57%, with the close Feb. 28 at 54%^

was

4

lowest

its

at

was

ferred,

Steel,

pre¬

Feb. 1 at 109 and at its lowest

at its highest

104%, with the close Feb. 28 at 108. American
rose from 127%
Feb. 4 to 140% Feb. 23, with

& Tel.

Tel.

7 108.7

7 102.25 Feb. 25

107.11
106.25

102.18

102.8

102.2

Feb.

104.13

104.2

Feb.

7 104.23 Feb. 25

102.12

102.7

Feb.

4 102.25 Feb.

26

102*21

101.15

101.7

Feb.

7 101.30 Feb. 25

101.25

101.6

101.4

Feb.

2 101.22 Feb.

101.19

28

7 100.10 Feb. 25

100.8

103.11

103.1

Feb.

7 103.22 Feb. 25

103.18

1944-1964

104.6

104.2

Feb.

3 104.22 Feb. 28

104.22

3s

1944-1949

103.28

103.20 Feb.

8 104.8

3s

..1942-1947

103.31 Feb.

2 104.17 Feb. 25

1942-1947

102*26

102.20 Feb.

8 103.6

Feb. 24

3s series A

1944-1952

103.28

103.23 Feb.

8 104.7

Feb. 25

2Mb series B

1939-1949
1942-1944

101.29

101.24 Feb.

7 102.14 Feb. 25

101.22

101.14 Feb.

99.25 Feb.

100.1

1945

Federal Farm Mortgage—

3Ms

2Mb

25

Feb.

104.6

104.17

Home Owners' Loan—

2Mb series G

25

Feb.

Range for February,

Opening
Feb.

Argentine external 4Mb

1955

106

2
3

93 M

106M
82 M

106 M Feb.

105M Feb.
4
107M Feb. 14

101M

100M Feb.

101M Feb.

1

101*'

112M

111M Feb.

113

3

111M
32M

33

77M Feb.

32

Feb.

34M Feb. 23

Feb.

27

26

Feb.

Feb.

23

72

72

Feb.

76

Feb.

10

74

57

55 M Feb.

62

Feb. 28

62

27

1965
1954
1965

5 Ms

94M Feb.
106M Feb.

89M Feb.
105 M Feb.

107M

(Govt) 7s
1957
Belgium (Kingdom) 6Ma
1949
Brisbane (City) 5s
1957
Canada (Dominion) 5s
1952
German (Rep) 7s stamped--.1949
German (Govt) Internat 5 Ms
stamped

102.2

Price

104 M

Austrian

Japanese Govt 6 Ms

102.10

Feb. 28

Highest

Lowest

1

93 M

1971

Australia 5s of 1925

104.4

Closing

1938

Price

Foreign Bonds

(State) 5s_1957

102 M

Norway 4s
1963
Queensland (State) ext 7s
1941
Rome (City) external 6Ms-_1952

102 H

New South Wales

102.8

108M
71M

104M Feb.

101H Feb.
102M Feb.
107 M Feb.

108 M Feb.

Feb.

71M Feb.

65
/

Opening

28

3

103 M Feb. 16

3
1

102M
103M
107M
67

.

Range for February,

Closino

1938

Price

Price

Lowest

Feb. 28

Highest

■

*

Feb.

18, in a letter to Jesse H. Jones, the President
requested the Reconstruction Finance Corporation to resume

bill

Feb.

105.28

Feb. 1

On

Feb.

Feb.

111.5

Railroad and Industrial Bonds

be avoided.

117.20

107.15 Feb.

112.26

..1944-1954
1946-1956

3Ms
Treasury 3Ms_.

18 117.21 Feb. 28

Feb.

117.2

Feb. 28

Highest

Lowest

1

...1947-1952
1943-1945

4s

Treasury 3s

Sale

Sale

Government Bonds

its

Treasury
Treasury
Treasury
Treasury

Last

Range for February, 1938

First

uncertainty,

developments which might
have an important bearing on the course of business.
Con¬
gress finally succeeded in passing some major bills, and
the Administration finally began to show its hand in the
matter of a definite policy for dealing with the recession
in business.
On Feb. 1 the Senate adopted the conferees'
report on the Administration's housing bill, and on Feb. 4,
receiving President Roosevelt's signature, the measure be¬
came law.
On Feb. 12, at the request of Mr. Roosevelt, the
RFC agreed to supply the capital for the first National
Mortgage Association to be formed under the new Act. The
charter of the new association was signed by Federal Hous¬
February

15

BEVIEW

close Feb. 28 at 137.

General

Electric

ippved up from

30% Feb. 4 to 42% Feb. 23, with the close Feb. 28 at 40%.

66 M

Bost A Maine 1st 5s

ser

66 M Feb.

1

71M Feb. 26

47 M Feb.

7

56

107 M

Allegheny Corp coll trust 5s. 1944
Amer A Foreign Power 5s___2030
Atch Top A S Fe gen 4s
1995
Baltimore A Ohio 1st gold 4s. 1948
Convertible 4Mb
1960

107M Feb.

25 M
42

A-C.1967

Brooklyn Union Elev 5s
Chesapeake A Ohio 4Mb

62 M Feb.
23 M Feb.

40M Feb.

63

18
9

71
56
109 M
63 M

4

28M Feb. 15

25 M

4

45M Feb. 11

43

Feb. 21

75

1950

Feb. 28

1 110M Feb.
4
66
Feb.

77

Feb.

2
120

8 128

Feb. 28

10M Feb.

3

13

Feb. 23

12

Feb.

7

61M Feb.

1

66

Erie ref A impt 5s of 1927—.1967

61M
17M

6M Feb. 23
68
Feb. 15

Great Northern gen 4Mb
111 Cent St LANO 5s

1977

118M

1992

11

Chic Milw St P A Pac 5s A..1975

117

Feb.

"

Chic ANW 4Ms series A...1949
C C C A St L 4Ms series E..1977

5M

5

15% Feb. 28

18M Feb.

2

Feb.

5M

15M

25

82 M

81M Feb.

3

88

1963

36 M

36 M Feb.

1

Internat Paper 5s'ser A A B.1947
Kan City Sou ref A lmpt 5s. .1950

86M

85M Feb.

16

43M Feb. 11
87 M Feb. 28

56

55

Feb.

3

Lehigh Valley (Pa) cons 5s..2003
Liggett A Myers Tob 7s
1944

30M

29

Feb.

Mo Kan Tex cum ad) 5s
New York Central 3 Ms

1967
1946

19M

41

87 M

64 M

8

64M Feb. 23
32M Feb. 14

129 M Feb.

2

130M Feb. 19

129M

19

Feb.

3

22

31

82

Feb. 23

85

23 ^21M
Feb.
2

N Y C A St L 4Ms series C—1978

46 M

45

Feb.

4

52

Feb.

25

N Y N H A H 1st ref 4MB—1967
N Y Ont A Western ref 4s—1992

22

21

Feb.

4

22 M Feb.

2

Northern Pacific 4s

Feb.

irnrnmm

14

47

21M
9M

8M

8M Feb.

4

1997

86 M

85M Feb.

4

92M Feb. 25

Pennsylvania RR deb 4M8-.1970
Conv deb 3Ms
1952

81M

81M Feb.

1

90M Feb. 25

92 H
89

81

80M Feb.

4

84M Feb. 26

84M

Warner Bros Pictures 6s

71

65

73 M Feb.

66

85 M

85M Feb.

1939

Western Maryland 1st 4s—.1952

Feb. 21
1

10

Feb.

10

90M Feb. 25

88 M

Allied Chemical &

Dye was at its lowest Feb. 4 at 156 and
at its highest Feb. 26 at 171, with the close Feb. 28 at 168.
Westinghouse Elec. & Mfg. rose from 87% Feb. 4 to 100%
Feb. 23, with the close Feb. 28 at 90%.
Co.

N.

of

with

Y.

the close

York

Central

highest

Feb.

Delaware

&

with

the

from

72%

79%.

23

28

at

at

at

In the railroad list, New

lowest Feb.

19%,

Feb.

21%.
with

rose

from

28 at

Consolidated Edison
Feb. 25,

Feb. 4 to 22%

from 20%

its

Hudson

3 at 15%

and at its

the close Feb. 28 at 18%.
13% Feb. 3 to 17 Feb. 23,

16%.

Union Pacific

moved up

Feb. 4 to 81 Feb. 15, with the close Feb. 28

Southern

19%.

up

Feb.

was

close

and at its
at

moved

Pacific

was

at

its lowest

Feb.

3

at

at

16%

highest Feb. 25 at 20%, with the close Feb. 28
Baltimore & Ohio moved up from 8% Feb. 3 to

10% Feb. 25, with the close Feb. 28 at 9%.

Chesapeake &
31% Feb. 5 to 37% Feb. 25, with the close
Feb. 28 at 35%.
Southern Railway was at its lowest
Feb. 4 at 10% and at its highest Feb. 25 at 13%, with the

Ohio

rose

from

VOLUME OF BUSINESS ON THE

1938

STOCK EXCHANGE

Stock sales—No. of shares

14,256,094

Bond sales (par value)—
Railroad and mlscell

96,374,000

$

50,248,010

United States Govt

11,014,000

Total bond sales

127,593,000

285,459,000

State, munlc. A foreign-

20,205,000

in

many

years

and

reflect

a

sharp

contraction as
February

with the totals for January last and

Corporation bonds of high grade tended up¬
ward the first 10 days of the month, and then settled back
one

year ago.

$

317,277,000
31,447,000
21,857,000

142,769,000

370,581,000

220,256,000

29,248,000

48,239,000

Jan. 1 fo Feb. 28—

Stock sales—No. of shares

38,678,025

Bond sales (par value)—
Railroad and mlscell

$

225,355,000

State, munio. & foreignUnited States Govt

40,781,000
27,367,000

Total bond sales—

293,503,000

108,919,426

1938
Month of February—
Stock sales—No. of shares
Bond sales

2,718,510
$

(par value)—

33,813,657

128,086,137
$

$

496,725,000
86,136,000

..

$

721,808,000

337,950,000

69,935,000

45,285,000

54,975,000

69,897,000
142,955,000

628,146,000

846,718,000

550,802,000

VOLUME OF BUSINESS ON THE

Total bond transactions in February touched their lowest

compared

14,404,525

60,884,392
$

$

229,157,000
36,655,000
19,647,000

CURB EXCHANGE

close Feb. 28 at 12.

level

1935

1936

1937

Month of February—

1935

1936

1937

15,344,284

2,921,597

20,712,570
$

$

8

97,939,000
1,756,000
1,152,000

92,271,000
2,030,000

603,000

39,614,000
1,241,000
1,544,000

23,133,000

42,399,000

100,847.000

95,236,000

6.893,289

34,873,631

21,976,000

Domestic

554,000

Foreign government...

Foreign corporate..--.

935,000

at

prevailing levels to close the month without further
change.
Corporate securities of secondary, and lesser grades
reflected early

weakness, but in keeping with the trend of
prices, advanced in a modest manner the remainder
of February.
High-grade railroad issues continued to re¬
main below the levels existing early in 1937, while public
utility and industrial bonds, on the other hand, have recov¬
stock

ered

much

lost

ground, and

have

their high point of recent years.
bonds

have

been

variable,

vancing the second
larity,
close

and

the

in

the

month

at

week,

practically approached
United States Government

opening

the

followed by

a

month
period

lower, ad¬
of irregu¬

last days revealing much strength
substantially higher levels.

In the following taWe we show, as

to

Total bond sales
Jan. 1 to Feb. 28—

Stock sales—No. of shares

$

Bond sales (par value)—

$

'

1

40,490,150

6,695,346
$

$

224,286,000

198,164,000

4,124,000

4,105,000

1,224,000

95,968,000
2,981,000
3,539,000

2,228,000

2,252,000

50,143,000

102,488,000

230,638,000

204,521,000

47,827,000
1,092,000

Domestic

Foreign government—

Foreign corporate
Total bond sales

THE MONEY MARKET DURING

FEBRUARY, 1938

Foremost in importance to the money market during

past

month

Feb.

14

was

the

concerning

a

announcement
modification

by the

Treasury

the
on

of its gold buying pro¬

Retroactively to Jan. 1, 1938, gold acquired by the
assay offices will be included in the inactive

usual, the fluctuations

gram.

for the month in the different issues of United States Gov¬

mints

ernment

gold fund only to the extent that such acquisitions in any
one
quarter exceeded $100,000,000.
As a result of this

obligations,

and

of domestic corporate and




considerable number, likewise,
foreign government bond prices:

a

and

16

REVIEW
RATES FOR MONEY AT NEW YORK

change, approximately $30,000,000 of gold accumulated since
the
first of
the
year were
immediately "desterilized."
/

Week Ended

,

While the new procedure

implied a partial reversal of the
Treasury's previous moderately deflationary policy adopted
in December, 1936, and designed to prevent commercial bank
reserves from being affected
by the acquisition of newlymined domestic gold and gold imports, no great

immediate

Feb. 5

the month

maturities.

On

Feb.

25

announcement

made

was

of

statement

announcement

was

that

followed

the

Feb. 28 by the further

on

Treasury's

mid-March financing
would be restricted to the exchange of maturing $455,000,000
of 3% notes and that no additional funds would be sought.
Gold imports during February were limited to $1,375,000,
of

which
amount
$1,100,000 came from Australia and
$275,000 from India, and the net increase in the monetary

gold stock of the country amounted to approximately $18,000,000, while the inactive gold fund, owing to sales to the
stabilization fund and to foreign
about

accounts, was reduced to
Discount holdings of the 12 Reserve

$1,213,000,000.

banks

declined
from
$11,470,000 Jan. 26 to $9,920,000
16, but subsequently increased to $10,148,000 Feb. 23.
Bills bought in the open market remained
virtually sta¬
tionary at the previous low figure of $548,000.
Total mem¬

Feb.

ber

bank

receded

reserves

$7,240,498,000

Feb.

member

reserves

Money

bank

rates

abundance

23,

from

while

surplus

total

the

continued

again followed

of

$7,295,871,000 Jan.

an

bank

to

volume

average

of

26

to

excess

$1,400,000,000.

trend, reflecting the

easy

the

and

reserves

1

IX

4

IX

Four months

IX
IX

IX

IX
IX

Six months

IX

IX

IX

IX

1

1

1

1

l@ix
l@ix

1@1X
1@1X

IX
IX

Commercial paper:
Double and single names:
Prime 4 to 6 months...

Good 4 to 6 months

■

continued

as

Trading in bankers' acceptances was of negligible volume,
few bills were offered for resale.
Total outstanding

acceptances, according to the monthly survey of the Accept¬
ance Analysis Unit
of the Federal Reserve Bank of New

York, published Feb. 10, were $325,804,395, Jan. 31, com¬
pared with $343,065,947 Dec. 31, 1937, and $387,227,280
30, 1937.
Import bills decreased from $117,248,428

Jan.

31

Dec.

to

$106,024,634 Jan. 31; export bills from $86,$82,194,997; domestic warehouse credits from
$69,999,661 to $67,123,043, while domestic shipment bills
increased from $7,688,659 to. $7,832,900, and bills based on
goods stored in or shipped between foreign countries from
$59,494,458 to $59,793,442.
Rates for bankers' acceptances
stood unchanged at %% bid and 7/16% asked for 30-day,
60-day and 90-day bills; at 9/16% bid and %% asked for
120-day bills, and at %% bid and 9/16% asked for bills

764,838

to

running 150 and 180 days.
The New York Federal Reserve
Bank, in its "Monthly Review," discussed conditions in the
for

market
"The

bankers'

acceptances as follows:

acceptance market has remained very quiet during

the past month,

the principal accepting banks have con¬

as

tinued to be well supplied with excess reserves

fore, have had

1.04%,

levels that "have prevailed for several months.

to
to

longer-term

on

Treasury

1.13% to
2.46%

bonds

from

2.43%, and those on 91-day Treasury bills from 0.10%
0.09%.
On the Stock Exchange the rate for call loans

remained at 1%, unchanged
•CALL LOAN

RATES

'

Low

High

Renewal

1...

1

1

1

Feb.

Feb.

2...

1

1

1

Feb.

16...

1

Feb.

3...

1

1

1

Feb.

17...

1

4

Feb.

1

,

Low

High

Renewal

1

1

1

1

1

1

1

1

1

15...

1

Feb.

18...

1

Feb.

6

Saturday

Feb.

19...

6

Sunday

Feb.

20...

7...

1

1

1

Feb.

21...

8

1

1

1

Feb.

22...

Feb.

9

1

1

1

Feb.

23...

Feb.

10.

_.

1

1

1

Feb.

1

1

1

1

1

24...

1

1

1

25...

Saturday

Feb.

26...

the volume of bills outstanding at the

on

small

decline

bills

in

drawn

13...

Sunday

Feb.

27...

Feb.

14...

Feb.

28...

PRIME BANKERS*

1

As

heretofore, owing to the low state of
activities, hardly any new loans were negotiated,
being confined to the occasional renewal of

transactions

mm

.

mmm

Xa7 it

h taX

Xaht

Xa7 is

Xa7 it

htaX

Xaht

Xaht
Xa9 it
Xa9 is

Xaht

.

Xa7 it

Xaht

4

Xa7is

Xaht

mmmm

Xa7 it

Xa7\t

9itaX

Xa9 ii

Xaht

>

9i taX

7

mmmmm

Xa7 it

Sunday
Xa7it

Xaht

Xa9 it

8

mmmrnm

Xaht

Xa7it

Xa7i 6

9i taX

Xa9 ii

Xaht

9

mmmrnm

Xaht

Xa7 n

»i taX

Xa9n

Xa7 is

Xa71#

Xa7it
Xaht

htaX

Xa9it

Xa9 it

mmmmm

Xa7 it

Xa71«

Xa7 it

htaX

Xa9\t

Xaht

Xa11«

10

Saturday
Sunday

14

1—

Feb.
Feb.

mmmrnm

Xa7 it

Xa7 it

Xa7 is

»i taX

mm mm

Xaht

Xa7\t

Xa7it

htaX

Xaht

Xa9it

Xaht

Xa7it

Xa7it

8ibaX

Xaht

Xa9it

3...

Feb.

4...

Feb.

1 Yt

IX

7—

Feb.

8...

Feb.

9...

IX
IX
IX
IX

IX
IX

.

6...

Feb.

1M

5

Feb.

6 Months

Feb. 11

IX

IX

IX
IX

IX

Ui.

IX
IX

IX
IX

Feb. 16...
Feb. 17—

18—

IX

IX

IX
IX
IX
IX
IX

IX
IX

23

IX

IX
IX

IX
IX

IX

20

IX

IX

IX

IX

IX

Xa9it

htaX

Xa9it

Xaht
Xa91»
Xa9 it

mmmrnm

Xaht

Xa71«

Xaht

Xa9\t

Saturday

Sunday

Feb. 24...

IX

IX
IX

Feb. 25—

IX

IX

IX
IX
IX
IX
IX

IX

IX

except for amounts in excess of $100,000,000 a quarter. The
significance to the Federal Reserve System of this announce¬

IX

IX

ment

IX

IX

IX

IX

IX

IX

IX
IX
IX

IX

IX

IX

RETURNS

IX

IX

IX

The chief

IX

IX

is

The
way:

month.

Rates

remained

un¬

changed at 1% for average grade prime fo\ir- to six-month
paper, and at %% for choice names running three months
or
less to maturity.
Under date of Feb. 15 the Federal
Reserve Bank of New York announced that returns received

commercial
open

Jan.

paper

market

dealers

showed

commercial

a

paper

total

of

$299,-

outstanding

on

31, compared with $279,200,000 at the end of December,
1937, and $243,800,000 at the close of January, 1937.




RESERVE

LOANS IN NEW

YORK

influence brought to

new

that the
of

BANKS-

CITY

bear

confining of sterilization to large import
a slow but sure further

gold will make for

expansion in member bank

Commercial paper continued in active investment demand,
but available offerings appeared to be somewhat smaller

previous

FEDERAL

in

movements

Sun day

the

THE

on the banking
February was the announcement by Secretary
of the Treasury Henry Morgenthau Jr., on Feb. 14, that,
beginning Jan. 1, gold sterilization would be discontinued

position

IX

Satur day

Feb. 27—

OF

BROKERS'
IX
IX

Holi day

during

9i taX

Xa7n

IX
IX

IX

IX

300,000 of

h taX

Xa7it

IX

IX

from

Xa716

Xa7 it

IX

Feb. 23...

than

Xa7it

Xa7it

IX
IX

Sun day

Feb. 28—

Xaht

28

Satur day

Feb. 26—

Xa9it

Xaht

IX
IX
IX
IX

Feb. 20—

Feb. 22...

Xaht

9i taX

mmmmm

Sun day

IX
IX
IX
IX
IX

IX

9i taX

Xa7 it

IX
IX

IX

IX
IX

Sunday
Xa7\t

Xaht

mmmrnm

Satur day

IX
IX
IX
IX
IX

Xa9it
Xa9 it

Holiday
Xa7 is

27

IX
IX

Xa9n
Xa9it

Xa7it

Xa7 it

mmmrnm

26

IX

IX

taX
9i taX

Saturday

25

Feb. 19...

Feb. 21...

Xa7it

Xa716

22

IX

Xaht

Xa7 is

Xa7 is

Xaht

+ rn

24

Feb. 13...

Feb. 15—

Xaht

'mmm

21

IX

Sun day

1X
IX
IX
IX
IX

Feb. 12...
Feb. 14...

mmmrnm

Xaht

'

18

Satur day

Feb. 10—

Feb.

5 Months

19

2

Feb.

4 Months

*

m

16

17
90 Days

Xa'it

■mrnmm-m

15
Mixed Collateral

Xaht

Saturday

6

13—.

RATES

htaX

5

12

OF TIME LOAN

Xa7 it

Xaht
m

11

accommodations.

60 Days

ACCEPTANCES

)

1

1

1

Time loan rates on security collateral remained
purely
nominal, at 1%% for 60- and 90-day loans, and 1%% for

30 Days

ware¬

30 Days
90 Days
120 Days
60 Days
150 Days
180 Days
Accepfces Bid & Ask Bid & Ask Bid & Ask Bid & Ask Bid A Ask Bid & Ask

3

on

domestic

previous, the reduc¬

Secured by

Feb.

2

Rates

year

Call Loans

Sunday

DAILY RECORD

finance

to

Compared with the

outstanding amounted to $61,000,000, of which
$35,000,000 represented a decline in import bills."

Saturday

older

the

was $17,000,000,
of which $11,000,000 was in
import bills, which in the past have usually shown January
reductions only in years of declining business activity.
Ex¬
port bills also showed a moderate reduction, and there was

1

Feb.

12...

market

at

Reports from

a further decline, which apparently
partly seasonal in character.
The reduction in

only

1

1

11...

180-day loans.

remained

1

Feb.

1

rates

January showed

1

1

Feb.

1

Market

Holiday
1

.

Feb.

1

funds.

tion in bills

Sunday

Feb.

end of

house credits.

Saturday

Feb.
Feb.

accepting banks

a

*

1

additional

and, there¬

occasion to sell bills in the market to

no

total volume

NEW YORK STOCK EXCHANGE

Feb.

obtain

was

since May, 1936.

ON THE

IX
IX

Five months

IX
IX

slackness in general business activities.
Average yields on
three- to five-year* Treasury notes receded from

those

IX '

IX

IX
IX
IX
IX
IX

Sixty days

a

Treasury bills to mature during the June tax
period and to be issued in weekly amounts of $50,000,000,
but this

1@1

1

Thirty days

series of

new

1@1

1

Ninety days

weekly issues of $50,000,000 of 90-day hills in replacement
of

1@1

1

.

confined to four

was

Feb. 26

1@1

Range lor week (mixed & Industrial collateral)
Week's average (mixed & Industrial collateral).
Time loans (mixed and industrial collateral):

year

ernment financing during

Feb. 19

Call loans on Stock Exchange:

importance was attached to the move, in as much as the
inward tide of gold has virtually ceased for the time being,
and the increase in legal reserve requirements enacted last
has sharply reduced the possibilities of bv.nk deposits
of gold in their relationship to the reserve position.
Gov¬

Feb. 12

made

new

banks,

will

excess

build

The Treasury will
in

months

credit

policy

reserves.

excess reserves in this
reimburse itself for expenditures
up

acquiring up to $100,000,000

by

depositing

which
on

will

in

of gold

gold

certificates

turn

give

the

with

every

the

Treasury

a

three

Reserve

deposit

their books;

and the deposits created in this way,
when spent, will pass into member bank reserve balances.
As member banks already have substantially more reserves
than

they need, the additions to reserves will tend to en¬
large the oversupply.
Creditwise, the policy will insure the
continuance of easy money conditions and will exert a mod¬
erately increased pressure on member banks to expand
their loans

and

investments.

*

•l—Wc;

March, 1938]

MONTHLY

REVIEW

17

Without delay, the Treasury and the Federal Reserve
System put the new policy into effect.
The Treasury daily

compiled by the New York Stock Exchange decreased $18,408,226 during the month, the total of these loans on Feb. 28,

statement

1938, amounting to $579,011,814 as against $597,418,040 on
Jan. 31, 1938.
On Feb. 27, 1937, these loans aggregated
$1,074,832,139.

tificates

banks,

Feb.

of
had

15

been

showed

that $46,000,000

deposited

with

of gold cer¬
Federal Reserve

the

representing all of the newly-mined, scrap and im¬

ported gold acquired since the first of the year as well as

approximately
tion.
of

The

Feb.

$13,000,000 for National

Federal

16

Reserve

showed

banks'

effect

the

of

condition
the

statement

policy

new

as

the

on

banking position.
In the week ended Feb. 16 the gold cer¬
tificate holdings of the Reserve banks were shown to be

$47,503,000.

up

The

the Reserve banks

deposit credits which

Treasurer—General

Treasury's

by

given

were

reflected in the items United States

were

Account

Other

and

Deposits.

The

deposits increased $31,014,000 in the week,

own

while other deposits, in which the balances of the stabiliza¬
tion fund are carried, increased $21,371,000.
Simultaneously
the

monetary

gold stock increased $25,000,000, that being
the
net
gain
resulting from purchases of newly-mined,
scrap and imported gold and gold exports in the year to.
Feb.

16.

gold

changes

in

certificate
the

The

banking
and

reserves

Feb. 23

Member

in

reserves

traceable

were

from

banks

total

a

period of

a

aside

$30,000,000 of

suriilusage declining to

losses

were

statistics,

transactions.

373,000 of actual
with

the

lost

the

$55,-

excess reserves,

of $1,410,000,000.
the

to

increase

of

$30,000,000 in currency circulation, the rise of $37,719,000
in the Treasury's deposit with the Reserve
banks, and the
increase of $47,000,000 in non-member deposits and other
Federal
offset

gold

Reserve

in part

stock

Federal

accounts.

These losses

of

reserves

were

by the $29,000,000 increase in the monetary

and

the

Reserve

$11,000,000 rise in

credit

in

Treasury currency.
decreased $3,000,000.
Bills

use

Sterling exchange continued exceptionally firm in Febru¬
ary, a characteristic of the market which had been manifest
since November.
Frequently
was

quoted

discounted for

member banks

of

unchanged

was

as

$1,322,000 to

to total amount,

a

total

was

advances

by

Two outstanding factors contributing to
firmness of exchange on London were the continuance
of the downward trend of business in the United
States and

the

great

ation.

uneasiness

banks

movement of

funds

there

away

from

was

asking

others

for their

in

the

Federal

second

London

and

continued

cooperation

mcerest

in

As

a

were

American

be

there

by

in

the

banking

a

culture
loans

and loans

actually

showed

amounted

business

which

to

an

increase.

was

early

high

The

The

principal

I

banks

in

101

16,

had

investments.

cities,
a

in
decline

the
of

four

I

I

I

I

I

Loans to commerce,

to brokers

and dealers

Feb.
Feb.
Feb.

Feb.
Feb.

Checks-

1..

3.27^a3.28^
2.. 3.26^a3.27
3.. 3.26 H a3.27^
4.. 3.27^a3.28
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Cables

8-

3.27^a3.28Ji
3.27Ha3.27*A
Feb.
9- S.27Ha3.28H
Feb. 10- 3.27Ha3.28H
Feb. 11- 3.29^a3.32

3.28Ha3.28H
3.27%a3.28A
3.28
a3.28%
3.28Ha3.29^
3.30
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Feb. 12-

Feb.15-.
Feb. 16..

Feb. 17Feb. 18Feb. 19-.

Feb. 23-

Feb. 25-.
Feb. 26-

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Cables

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4.53Jia4.55H

Feb

5?

o»

Checks

Fengo
Cables

4.52 Jia4.55

Feb.

4.52Ha4.55

Feb.

40.36a40.37H 40.36Ha40.38 18.90

4.53

a4.55 H

Feb.

40.37 Ha40.40 40.38

4.64Jia4.55H

Feb.

40.29

Feb.

SUNDAY
a40.38 40.34 Ha.38H 18.92
al8.93 18.92 Hal8.94
40.36 Ha40.38 40.37a40.38H 18.92
al8.94 18.93
al8.95
40.36 Ha40.38 40.37a40.38H
18.92
18.92 Hal8.93
40.37
a40.38 40.37Ha.38H 18.93
al8.94 18.93Hal8.95
40.40
a40.45 40.41
a40.46 18.93Hal8.97 18.94

23.20Ha.21Ji 4.53Ha4.55
23.20a23.21

4.53

a4.55

23.19a23.19Ji 4.53
a4.56
23.20a23.21H 4.52 J4a4.56H
23.21 Ha.24Ji 4.53
a4.56

Feb.

040.39 40.33

a40.38 18.90

Feb.

Feb.
Feb. 10

Feb. 11

I9.83al9.93

al8.93 18.90Hal8.94
a40.41 18.90Hal8.92 18.91
al8.93
a40.40 18.92
al8.93 18.92 Hal8.94

I9.83al9.93

I9.84al9.93

a40.36

SUNDAY
a40.47 40.44Ha.47 H 18.95
18.99 18.96
al9.00
40.47
a40.49 40.47 Ha40.50 18.97
Hal8.98 18.98
al8.99
40.52 Ha40.55 40.53a40.55H 18.97
al9.01 18.97 Hal9.02
40.53Ha40.55 40.54
a40.56 18.97Hal8 99 18.98

Feb. 15

23.25Jia.26H 4.53Ha4.56

40.44

Feb.16

Feb.17

al9.00

Feb.18

40.52 Ha40.56 40.53a40.56H 18.97Hal8.99
18.98
al9.00
40.46
a40.48 40.46 Ha.48H 18.97
al8.98 18.97Hal8.99

Feb.19
Feb.20

23.21Ha.24H 4.52Ha4.56

HOLIDAY

19.82al9.95
19.84al9.93

19.84al9.93
19.84al9.95

19.85al9.95

19.84al9.94

19.86al9.95
19.85al9.95

I9.85al9.93
19.85al9.94

I9.85al9.93

SUNDAY

Feb.21

40.40

a40.45 40.40 Ha40.46

Feb.22

18.95

18.96

I9.84al9.93

HOLIDAY

23.24Ha.25H 4.54Ha4.56H

Feb. 23

23.23 Ha23.24 4.53Ha4.56
23.24a23.26
4.54
a4.56 Ji

Feb.24

40.47 Ha40.50 40.48a40.50H
40.43 Ha40.46 40.44a40.46H

Feb. 25

40.45

23.26a23.26Ji 4.54

a4.57

Feb. 26

40.48 Ha40.50 40.49a40.50H 18.93

23.24i2a23.25i2 4.53Ha4.56

Feb. 28

SUNDAY

19.83al9.93

I9.83al9.93

HOLIDAY

Feb.13

23.26Jia23.28 23.27a23.28H 4.54
a4.58
23.30a23.31
23.30 Ha23.32 4.54Jia4.58
23.29Ha.30H 4.54Ha4.57
23.28a23.29
23.28 Ha23.30
4.54Jia4.55H

18.90Hal8.93
18.89Hal8.92 18.90
al8.93

al8.98

Feb.12

23.29a23.30

Checks

al8.92

40.34

Feb.14

a23.2i

Cables

Hungary

40.34Ha40.37 40.35
40.33Ha.35H 40.34

23.23Ha.26H 4.53 Jia4.56H

a3.26H 3.26Ha3.26M 23.24a23.25
3.25Ha3.25H 3.25>ia3.25 % 23.23a23.23H
3.26
23.23 Jia23.25
a3.26H 3.26Ka3.27
3.26Xa3.26H 3.26 5^ a3.27
23.25Ha23.26




fS

hmhQH

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Cn Cn Cn Cn Cn

I

Schilling

23.20a23.21Ji
23.19 Jia23.20
23.18 Jia.l9Ji
23.19 Jia23.21

3.26«a3.27H 23.24

(5

Austria

3.26

3.26^a3.27

ft

Germany

3.28Ha3.28^ 23.25a23.26

Feb. 27Feb. 28..

ft

Reichsmark

a3.28H 3.28^a3.28J^ 23.21a23.24

Feb. 22-.
Feb. 24..

ft

Escudo

SUNDAY

3.28

ft

o* cr cr cr crcrcrcr cr

OF FOREIGN EXCHANGE

SUNDAY

3.29?^a3.30M
3.28^a3.29^
3.28J^a3.29 H
3.29
a3.29 A
3.28J4a3.30H

Feb. 20..

Feb. 21-

ft

and

HOLIDAY

3.29Ma3.30^
3.28^a3.29
3.28^a3.29M
3.28}^a3.29
3.28
a3.29^
3.28Xa3.28y&

ft

Portugal

Checks

shown

January

>t0H-OCD00-JC50»4i.Wt0t-*

Feb. 23, declined

3.28tfa3.29H 23.18Jia.l9Ji 23.18 Ha23.20
3.27Ha3.28H 23.l7a23.18
23.17Ha.18H
23.18 Jia.l9Ji 23.19a23.19Ji
3.27Ha3.28
23.21a23.22
3.28Jia3.29
23.21Ha.22H
23.21a23.22
23.21 Ha.22H
3.28Ma3.29

Feb. 13Feb. 14-

ft

H*

loan

SUNDAY

7..

Feb.

was

in

53)

page

ft

Franc

^

6-

Feb.

(6

Switzerland

Franc

:

on

ft

o

by the reporting New York

DAILY RATES

as

released

points

business

I

X

►-"* £

e»

o»

industry and agriculture

to

high

whole

trj trj hej t=ej ^ *J hj hj btj trj trj trj

ft

Cn Cn Cn Cn Cn Cn

Oi

banks, in the four weeks from Jan. 26

France

statistics

Jr* V-

The weekly reporting
from Jan. 19 to
loans

the

the

on

cn

$46,000,000, and total loans decreased $145,000,000.
The banks in 101 cities bought $17,000,000 more direct
gov¬
ernment securities, $20,000,000 more
government-guaranteed
securities, and $54,000,000 more other securities.

Feb.

I

a ft ft
Cn Cn Cn Cn

declined

Loans

and

would

to K3 W tO>-

weeks

$54,000,000 in total

an

here, fears

business

level in Great Britain,

statements

b

acquired, it was disclosed in an
announcement on
Feb. 1, was a $50,000,000 advance to
United States Steel, in which New York, Chicago and Pitts¬
burgh banks participated.
Total loans of the reporting
New York banks, however, decreased
$75,000,000.
They
bought $15,000,000 more government-guaranteed securities
and $52,000,000 more other
securities, and sold out $23,-

Feb.

showing

lines of British trade
from

but

Cn

banks

000,000 of direct government issues.

British

recession

a

to to to to to to to to to I- I
00>*J OSOi^WtOH-'OtCX

these

new

foreign

reported that

recession

some

autumn,

crccro'o'o'o'o'o'o'crcro'crcro' cr cr o*

District

in

In

(Continued

and agri¬

rise

that

_

$12,000,000.

the

industry

was

of

Amsterdam.

and

again

were

business

the

ftftftftftftftftftftftftftftftft

"in

to commerce,

trend

London

February.
Year-end statements showed that British
deposits and bank clearings reached record levels in
1937,

reporting New York City banks declined only $31,000,000
period,

reported in banking

and

which proceeded
rapid rate in the last four months of 1937, had passed
more violent phase.
The total loans and investments of

this

to

London

in

undoubtedly

continued at

at a

in

was

securities.

adversely affected.

reached

review that the liquidation of bank credit,

the

It

investors

of

consequence

widely held

also

bringing these
facilities to the attention of those who might be interested."
Indications appeared during the four-week period under

its

r:

noticeable

a

York

Continental

decreased

Reserve

monetary situ¬

'

<

.

However, toward the end of the month it

endeavoring to increase their industrial advances.
George
L. Harrison, President of the Federal Reserve Bank of New
York, sent a letter on Feb. 16 to banks, financing institu¬
and

even

New

a

tions

French

;

\

gold to New York.

that

credit, the Federal Reserve authorities have been

more

the

to

as

"/•

$412,000 and commitments to make advances were lower
by $310,000.
In view of the clamor of small business men
for

felt

V v.

The business depression here was reflected in the
practi¬
cal cessation of the movement of
foreign funds to American
securities.
This was best seen in the
extremely meager

but Treasury bond

Reserve

the

the

the

holdings declined $12,S90,000 and note and discount bill
holdings increased $2,890,000 and $10,000,000, respectively.
Industrial

from

transfers.

The System's portfolio of government securi¬

$10,148,000.

ties

declined

during the month the pound
high which it touched on
quoted in New York at $5.03 1/16 for

far

not

Nov. 8, when it
cable

circles

The four weeks from Jan. 26 to
minor

COURSE OF STERLING EXCHANGE DURING FEBRUARY

redemp¬

bank note

Feb.27

18.94

18.95

18.93
18.94
a40.47 40.45Ha.47 H 18.91
al8.94 18.92
al8.95

al8.95 18.93Hal8.96

19.85al9.93
19.84al9.93

19.84al9.95
19.85al9.93

SUNDAY
..

40.46Ha40.48 40.47a40.48H 18.94

al8.95 18.94 Hal8.96

19.84al9.93

18

MONTHLY

REVIEW

DAILY RATES OF FOREIGN EXCHANGE—(Concluded)

Netherlands

Poland

Greece

Belga

Guilder

Zloty

Drachma

Checks

Cables

Checks

Cables

1..

55.90

a55.93

18.98al9.01

Feb.

1

.91 Ka.92

55.84 Ka.87K

18.97al9.01

Feb.

2

.91

.91 Kfl-92

Feb.
Feb.

6-

Feb.

7..

Feb.

8..

Feb.

9.

Feb.
Feb.

Feb. 10.

Feb.11.

55.71

55.71

16401s2% premium

55.79

18.97al9.01

Feb.

3

55.89

a55.91

l8.97al9.01

Feb.

4

.91K0.92

.91Ka.92K

i

55.89

Ka55.9l

18.98al9.01

Feb.

5

.91Ka.92

.91Ka.92K

Feb.

6

*1280*64% premium
SUNDAY

1640*64% premium
1320»64% premium
»i2so132% premium

55.24

—

e

55.79

<a132% premium

55.63o55.79
55.63

C55.90 55.88 Ka55.9l
a55.90 55.88 Ka55.91

18.97al9.01

Feb.

7

.91 Ka.92

18.97al9.01

Feb.

8

.91K0.92

.91Ka.92K
.91K0.92K

a55.89

18.97al9.00

Feb.

9

.91K0.92

.91K0.92K

055.92

18.97al9.01

Feb.

10

.91 Ka.92

.91Ka.92K

1640132% premium

55.10o55.24

055.97 55.93 Ka55.98
HOLIDAY

18.98al9.01

Feb.

11

.91Ka.92

.91Ka.92K

54.95

Feb.

12

*820*64% premium
HOLIDAY

55.88

55.88

55.87 Ha.88H 55.88
55.88Ha55.91 55.89
55.93

Feb.12.

1«40,ii8% premium
5«40*ii8% premium

Ka.92K
.91Ka.92K
.91K0.92K

55.85 Ka55.87

SUNDAY

16.94Kal6.96 16.94Ka.96K
16.96
al6.97 16.96 Ka.97K
16.95Kal6.96 16.95Ka.96H
16.95Ka.96K 16.96al6.97K
16.98Kal6.99 16.98Ka.99K

Checks

Checks

.91

Ka.92

Peso

Dolla

Cables

2-

l6.93Hfl.94K 16.94al6.94K 55.89 Ha55.92
16.93al6.93K 16.93Ka.93K 55.84a55.86K
3.. 16.93al6.93K 16.93Kal6.94 55.85
o55.8B
4.. 16.94al6.94H 16.94Kal6.95 55.88
a55.90
a55.90
5.. 16.94 Hal6.95 16.95al6.95K 55.89

Feb.
Feb.

Checks

Checks

Colombia

Canada

Belgium

55.10

SUNDAY

Feb.

13——

18.99al9.01

Feb.

14

.91 Ka.92

.91K0.92K

*320*64% premium

54.95

Feb.15-

O56.04 55.97 Ka56.06
al7.00 55.97
16.98Ka.99K 16.99
a56.10
16.99
al7.00 16.99Ha.00K 56.06Ka66.09 56.07

18.98al9.01

Feb.

15

.92

a.92K

*640*16% premium

54.89

Feb.16-

17.02

al7.03 17.02Ka.03K 56.14Ka56.16 56.16a56.l6K
a56.12 56.10Ka56.13
17.02al7.02K 17.02 Ka.03K 56.10
a56.15
17.01
al7.02 17.01 Hfl.02K 56.02Kfl56.14 56.03

I8.98al9.01

Feb.

16

.91Ka-92
.91Ka.92K

*i60564% premium

54.80

18.97al9.00

Feb.

17-.

.92Ka.92K
.92Ka.92K

*160® 12 8% premium

54.89

18.97al9.01

Feb.

18

.92

a.92K

*6407i28% premium

54.89

a56.00 55.96 Ka56.01

I8.97fll9.01

Feb.

19

.91K0.92

.92

0.92K

54.65

Feb.

20

*320*64% premium
SUNDAY

Feb.

21

.91Ka.92

.91K0.92K

*640*128% premium
HOLIDAY

23

.91Ka.92

.91Ka.92M

*640*128% premium

54.65

.91

.91K0.92K

Par

54.65

*64% disc, o par

54.65

*64% discount a par

54.65

*ii8% discount a par

SUNDAY

Feb. 13-

Feb.14-

Feb. 17-

Feb. 18Feb. 19-

16.99al6.99K

16.99 Hal7.00 55.96

SUNDAY

Feb. 20Feb. 21-

16.98Ka.99K 16.99

a55.95 55.89Ka.95K

al7.00 55.89

18.97al9.00

Feb. 22

HOLIDAY

Feb.22.
16.98

Feb. 23.

16.98K

Feb.25Feb.26.

18.97al9.00

Feb.

a55.96 55.93 Ka.96K

18.97al9.00

Feb.

24

O56.00 55.96a56.01K

18.98al9.01

Feb.

25

Ka.92
.91Ka.92

a56.01 56.00 K a-OIK

18.97al9.00

Feb.

26

.91Ka.92

.91Ka.92K
.92
a.92K

Feb.

27

Feb.

28

.91Ka.92

.91 Ka.92K

55.95Ka56.01 55.96

16.97al6.97K 16.97 Kal6.98 55.93
16.98al6.98K 16.98 Kal6.99 55.95
l6.98Kal6.99 16.99al6.99K 56.00

Feb.24.

a56.03

SUNDAY

Feb.27-

16.97i2al6.98i2 16.98al6.99

Feb.28.

a55.99 55.98 Ka56.00

55.98

18.97al9.0l

Denmark

Sweden
Krona

Cables

Cables

Checks

25.83 K
22.37a22.37K 22.37Ka22.38
25.81
025.82
22.35
22.35K
25.81 Ka.82K
22.36
22.36

F3b.
Feb.

a22.38 22.37 Ka22.39 25.83
a22.38 25.83
22.36Ka.37K 22.37

a25.84

22.37

Feb.
Feb.

a25.84

25.84

2.21Ka2.2lK

Feb.
22.36 Ka22.37 22.37
22.36 Ka.37K 22.37

Feb.
Feb.

a22.38 25.82 Ka25.84
025.84
a22.38 25.83

22.36a22.37K 22.36 Ka22.38 25.82 Ka25.84
22.37a22.38K 22.37 Ka22.39 25.83Ka.85K
22.41a22.41K 22.41 Ka22.42 25.87a25.88K

Feb.

Feb. 10
Feb.11

025.85

83Ka.84K
83

a25.85

,84

025.86

,87Ka25.89

2.21Ka2.21K
2.21Ka2.21K
2.21Ka2.22
2.21Ka2.22
2.21Ka2.22K

Feb.

33.40o33.42

33.41o33.43

5.84o5.89

5.85O5.90

5.16o5.19

Feb.

33.38

33.39

5.8105.89

5.82o5.90

5.1605.19

Feb.

33.39

33.40

5.8105.89

5.82o5.90

5.16o5.19

Feb.

33.41o33.42

33.42033.43

5.80o5.89

5.81o5.90

5.1605.19

Feb.

33.40033.41

33.41o33.42

5.80a5.89

5.81o5.90

5.160.519

SUNDAY

Feb.

33.40a33.41

33.41o33.42

5.80O5.89

5.81o5.90

5.16o5.19

Feb.

33.40a33.41

33.41o33.42

5.80O5.89

5.81a5.90

5.16o5.19

FeD.

33.40

33.41

5.80O5.89

5.81a5.90

5.1605.19

Feb. 10.

33.40033.42

33.41a33.43

5.82o5.89

5.83a5.90

5.1605.19

Feb. 11.

33.46

33.47

5.8305.89

5.84O5.90

5.1605.19

HOLIDAY

SUNDAY

88

Feb. 14.

33.46

33.47

5.83o5.89

5.84O5.90

5.16a5.l9

a25.93

91 Ko25.94

2.21Ka2.22K

Feb. 15.

33.51o33.52

33.52o33.53

5.83o5.89

5.84O5.90

5.1605.19

22.48Ka.49K 25.95

025.96

95Ka.96K 2.22Ka2.23
93a25.94K 2.22Ka2.22K

Feb. 16.

33.56a33.57

33.57a33.58

5.81o5.89

5.82O5.90

5.1605.19

Feb.17.

33.64

33.55

5.8405.99

5.85O6.00

5.16o5.19

89

2.21Ka2.22K

Feb.18.

33.50a33.54

33.51o33.55

5.83o5.99

5.84a6.00

5.1605.19

86Ka.87K 2.21Ka2.22K

Feb. 19.

33.46

33.47

5.83a5.89

5.84O5.90

5.1605.19

5.8505.95

5.1605.19

22.43Ka22.46 22.44

Feb.16

22.48

a22.49

Feb.17

22.45

o22.46 22.46

Feb. 18

a22.44 22.42 Ka22.45 25.88 Ka25.91
025.87
022.42 25.86
22.39Ka22.41 22.40

a22.47 25.92 Ka25.94

22.42

O25.90 2.21Ka2.22K

025.92

33.38o33.40

Feb.23.

33.45033.46

33.46033.47

Feb. 24
Feb. 25

22.40

Feb. 27

a25.88
a22.42 22.40Ka.42K 25.86
a25.89
022.43 25.87
22.41 Ka22.42 22.42
SUNDAY

84Ka.86K 2.21Ka2.22
86Ka.88K 2.21Ka2.22K
87Ka.89K 2.21Ka2.22K

Feb. 24.

33.42o33.44

Feb. 25.

33.45033.47

Feb.26.

33.47o33.49

33.48o33.50

Feb. 28

22.40

22.

HOLIDAY
5.85o5.94

5.8605.95

5.1605.19

33.43a33.45

5.8405.94

5.8505.95

5.1605.19

33.46033.48

5.85a5.94

5.86o5.95

5.1605.19

5.8905.94

5.90a5.95

5.1605.19

5.90a5.95

5.1605.19

SUNDAY

Feb.27-

a25.88 26.86 Ka.88K 2.21Ka2.22

a22.4l 22.40 Ka.41K 25.86

Feb.21.
Feb.

HOLIDAY

22.40a22.40K 22.40 Ka22.41 25.85Ka25.88
a25.86
O22.40 25.84
22.38Ka.39K 22.39

5.8405.94

33.39o33.41

86a25.88 K 2.21Ka2.22

a25.86 25.83 Ka.86K 2.21Ka2.22

22.37Ka22.39 22.38a22.39K 25.83

Feb. 22

SUNDAY

Feb. 20.

SUNDAY

Feb. 20

Feb. 26

Checks

a25.89

22.41

Feb. 15

Feb. 23

Cables

a22.42 22.41 Ka22.43 25.87
a22.47 25.91

Feb. 14

Feb. 21

Checks

Feb.13.

SUNDAY

Feb.13

Peso

Cables

Feb. 12.

HOLIDAY

Feb. 12

Feb. 19

83

54.65

Chile

Milreis

Peso

Feb.

SUNDAY

*«4% premium

Checks

Checks

,81Ka.82K 2.21Ka2.21K
,82
a25.83 2.21
a2.21K
,83Ka25.85 2.21Ka2.22
,83Ka.84K 2.21Ka2.21K

a

Brazil

Argentina

Markka

Checks

\:

54.65
,

SUNDAY

Finland

Krone

Feb.

,91Ka.92K
.91K0.92K
-

Feb. 28-

33.46

33.47

5.8905.94

Czecho¬

Norway

Spain

slovakia

Bolivia

Ecuador

Uruguay

Venezuela

Peru

Krone

Peseta

Koruna

Boliviano

Sucre

Peso

Bolivar

Sol

Yen

Cables

Checks

Checks

Checks

Checks

Checks

Checks

Checks

6.11

3.51Ka3.51K
3.51Ka3.5lK
3.61Ka3.5lK
3.51Ka3.51K
3.51Ka3.51K

Cables

Checks

Feb.
Feb.

Checks

6.11
6.09

Feb.
Feb.

6—

Feb.

7— 25.17Ka25.19 25.18a25.19K

6.08

Feb.

8- 25.17Ka25.18 25.18a25.18K
a25.19 25.17Ka.19K
9~ 25.17

6.10

a25.20 25.18Ka.20K

6.11

025.24
Feb. 11— 25.22Ka.23K 25.23
HOLIDAY
Feb. 12—
SUNDAY
Feb. 13—

6.07

Feb.

Feb.

6.11

,4— 25.18

6.11

SUNDAY

Feb. 10— 25.18

Feb. 14— 25.22o25.24K 25.22 Ka25.25
025.28
Feb. 15— 25.25Ka25.27 25.26

6.10

3.51Ka3.51K
3.51Ka3.51K
3.51Ka3.5lK
3.51Ka3.51K
3.51Ka3.5lK

3.50

7.32

65.95a66.00

31.00

2.

3.50

7.32

65.88a66.00

31.00

Feb.

3.

3.50

7.32

65.90a66.00

31.00

Feb.

4.

5.00

7.32

65.95o66.00

31.00

Feb.

5-

5.00

7.32

65.95a66.00

31.00

6.

Feb.

7.

5.00

7.32

65.93066.00

31.00

24.37a24.50 29.03o29.04

Feb.

8.

5.00

7.32

65.94a66.00

30.50

Feb.

9.

5.00

7.32

30.50

24.37o24.50 29.03a29.04
24.37a24.50 29.03o29.04

Feb.10.

5.00

7.32

Feb.11.

5.00

7.32

65.93066.00
65.95066.00
66.00a66.08

6.09
6.08

o25.31 25.30Ka.31K

6.08

a25.29 25.28 Ka.29K

6.11

Feb. 18- 25.24

025.26 25.24Ka.26K
o25.22 25.21 Ka25.23

6.08

6.11

:•

30.50

24.25a24.50 29.02a29.03

30.50

24.25a24.60 29.03fl29.09

HOLI DAY

Feb.14.

5.00

7.32

66.00o66.07

30.00

3.52

03.52K
3.52Ka3.52K
3.52Ka3.52K

Feb.15.

5.00

7.32

66.00o66.17

30.00

Feb. 16.

5.00

7.32

Feb. 17.

5.00

7.32

66.00o66.26
66.00o66.21

30.00

3.52Ka3.52K
3.51Ka3.5lK

Feb.18.

5.00

7.32

66.00o66.22

30.00

Feb.19.

5.00

7.32

66.00a66.05

30.00

6.08

3.51Ka3.5lK

025.23

6.06

Ka25.22

6.06

Feb.21.

30.00

24.25o24.50 29.03o29.06
24.25a24.40 29.04o29.07
24.25a24.50 29.07o29.12
24.37a24.50 29.05o29.07
24.37a24.50 29.06a29.07
24.37a24.50 29.03o29.07

SUN DAY

Feb. 20.

SUNDAY

M

SUN DAY

3.51Ka3.51K

025.21
Feb. 21— 25.18Ka25.20 25.19
HOLIDAY
Feb. 22-

24.37a24.50 29.03o29.07
24.37a24.50 29.04a29.09

24.37a24.50 29.05a29.06
24.37a24.50 29.04a29.06

SUN DAY

Feb.13.

No

Quotations

Feb. 17— 25.28

Feb. 20-

1_

Feb.

Feb.12.

Feb. 16- 25.30

Feb. 19— 25.21

24.37a24.50 29.04o29.07

Feb.

Feb.

025.19
1— 25.17Ka.18K 25.18
a25.17 25.16Ko.17K

2- 25.16

3- 25.16Ka25.17 25.17o25.17K
a25.19 25.18Ka.19K
025.19
5- 25.17Ka.18K 25.18

Feb.

Japan

</'.

7.32

65.95a66.00

7.32

66.00o66.04

5.00

7.32

5.00

7.25

5.00
5.00

5.00

30.00

24.37a24.50 29.02o29.06

HOLI DAY

Feb.22.

6.05
6.04

Feb. 28- 25.22a25.22K 25.22 Ka25.23

6.06

3.51Ka3.51K

Feb. 25— 25.21 Ka25.24 25.22
Feb. 26- 25.23
Feb. 27-

Lei

Lira

5.00

Feb.24.
Feb. 25.

Feb.26.

Feb.28-

Peso

Checks

Checks

1.25ol.27

Feb.

3-

2.34Ka2.36
2.33% a2.36
2.33Ka2.35K

Feb.

4—

Feb.

5-

1.25ol.26

1.25ol.26
1.25ol.26

2.34

1.2501.26

2.34Ka2.35K

02.36

9—

5.2605.26 K

Feb. 10—

5.2605.26K
5.2605.26K

.74Ka.75
.74

a. 75

Feb. 12—

.74Ka.75
.74Ka.75
.74Ka.75
HOLIDAY

Feb. 13—

Feb. 18—

5.2605.26K
5.2605.26K
5.2605.26 K
5.2605.26K
5.2605.26K

Feb. 19—

5.2605.26K

5.26Ka5.26K
5.26Ka5.26K
5.26Ka5.26K
5.26Ka5.26K
5.26Ka5.26K
5.26Ka5.26K

5.2605.26 K

5.26Ka5.26K

Feb. 23-

5.2605.26 K

Feb. 24Feb. 25—

5.2605.26K
5.26a5.26 K

Feb. 26-

5.2605.26K

5.26Ka5.26K
5.26Ka5.26K
5.26Ka5.26K
5.26Ka5.26K

5.2605.26 K

5.26Ka5.26K

Feb. 14—
Feb. 15—
Feb. 16-

Feb. 17-

Feb. 21—

58.75o58.80 37.85o37.86

56.02

50.00

58.63o58.75 37.82o37.83

55.97

Feb.

3. 31.28o31*ie

60.00

58.68o58.80 37.82o37.84

55.98

Feb.

4. 31.28a31*i4

29.56o29K
29.56o29K




5. 31.25031*14
6.

56.02
56.01

56.02

Feb.

7. 31.28o31*i4

29.57029**42 49**i6o50.00 58.67a58.80 37.83a38.87

Feb.

8. 31.25o31*i4

29.57029**62 49**16050.00 58.68o58.80 37.84o37.87

2.34Ka2.36

Feb.

9. 31.25031*14

29.57029**12 49**14050.00 58.67o58.80 37.84o37.87

1.25al.26

2.34

02.35K

1.25al.26

02.36

Feb. 10. 31.25o31*u

29.57029**62

2.34Ka2.36

Feb. 11. 31.34o31K
Feb. 12.

29.63o29*«i4 49**16049**16 58.78058K
HOLI DAY

Feb. 13.

1.25al.26

2.34

a2.35K

Feb. 14. 31.34031K

1.25ol.26

2.34

02.36

Feb. 15. 31.40o31»i4

1.25al.26

2.34Ka2.37
2.34Ka2.36

.73Ka.75

1.25al.26

.73Ka.75
.73 Ko.75

1.25al.26

2.34

1.25al.26

2.33Ka2.36

1.25al.26

2.33Ka2.36

1.25al.26

.73Ka.75

49**16050.00 58.70o58.85 37.84o37.86

29.58029**16 49**14050.00 58.68o58.80 37.83037 89
SUN DAY

2.34

a2.36

49**16

58.68o58.80 37.85o37.90
37 91037.96

56.01

56.00
v

56.03
56.10

SUN DAY
58.78058**14 37.94o37.97

56.16

58.86o59.00 37.96o38.00

56.25

Feb. 16. 31.43o31K 29.65o30.00 49 H a49K 58.95o59*ia 38.02o38.05
Feb. 17. 31.44o31**i4 29.70a30*ta 49K 049.85 58.92o59*i4 38.00a38.01
Feb. 18. 31.46031K 29.68o30.00 49K 049.85 58.92o58.96 37.98o37.99

29.61o29**i4 49K o49K
29.66029**32 49 % a49H

56.30

Feb. 19. 31.39o31»ie

56.26
56.18

37.90a37.91

56.12

Feb.20.

29.62a29**ie 49K 049.85 58.80O58K
SUN DAY

Feb. 21. 31.37o31K
Feb. 22.

29.58029**16 49K 049.85 58.69058 K
HOLI DAY

37.86a37.87

56.10

Feb. 23. 31.38031K
Feb. 24. 31.37031K

29.58029**61 49H 049.85 58.78058 K
29.56029**62 49H 049.85 58.73058 K

37.90o37.91

56.11

37 85o37 87

56 10

1.25al.26

2.33Ka2.36
2.33Ka2.36
2.34Ka2.37

Feb. 25. 31.38o31K

56.16

1.25al.27

2.34

a2.36

Feb.26. 31.38a31»i6
Feb. 27.

29.56O29»*4» 49K 049.85 58.78o58.95 37.89o37.93
29.66a30.00 49H a49.85 58.81o59.00 37.91o37.93

1.25al.26

2.33Ka2.36

Feb. 28. 31.38o31»i6

1.25ol.26

SUNDAY

Feb. 27—
Feb. 28—

Feb.

a. 75

.73Ka.75
.73Ka.75
.74Ka.75
.73Ka.75

Checks

50.00

29.58o29**i6

2.34Ka2.35K

HOLIDAY

Feb. 22—

Checks

Checks

29.58o29*«i6

Checks

.73Ka.75

.73Ka.75

Checks

Checks

1. 31.31031K

1.2501.26

SUNDAY

Feb. 20—

Guilder

2. 31.25o317u

.73Ka.75

.73

Java

Rupee

1.25al.26
1.25al.26

SUNDAY

Feb. 11—

India

Dollar

Settlem'ts

Feb.

Feb.

SUNDAY

24.37a24.50 29.02o29.04

Feb.

Checks

.73Ka.75
.73Ka.75
.73Ka.75
.73Ka.75
.73Ka.75

Feb.

Straits

Islands

Cables

5.26Ka5.26K
5.26Ka5.26K
5.26Ka5.26K
5.26Ka5.26K
5.26Ka5.26K

30.50

SUN DAY

Shanghai

5.26Ka5.26K
5.26Ka5.26K
5.26Ka5.26K
5.26Ka5.26K
5.26Ka5.26K

5.2605.26 K
5.2605.26 K

66.00a66.06

YuanDollar

Checks

8-

24.37a24.50 29.03a29.05

7.25

Dollar

5.2605.26 K

7-

30.50

Hongkong

5.2605.26K

6-

66.00o66.10

Dinar

1—

Feb.

24.37o24.50 29.03a29.05
24.37a24.50 29.02o29.05

7.25

Yugoslavia

2_.

Feb.

30.50

Lev

Feb.

Feb.

30.50

66.00o66.08

Bulgaria

Feb.

5.2605.26K
5.26o5.26M
5.2605.26K

24.37a24.50 29.03o29.05

65.99a66.00

Feb.27.

Rumania

Italy

Feb.23.

30.00

Philippine

025.25

a25.24 25.23Ka.24K
SUNDAY

3.51Ka3.51K
3.51Ka3.51K
3.51Ka3.51K
3.51Ka3.51K

Feb. 23- 25.21 Ka25.22 22.22
025.21 25.20
Feb.24— 25.20

56.16

SUN DAY

29.63o30.00 49M 049.K 58.81059.58 37.90o37.93

56.14

.

BOND PRICES DURING FEBRUARY 1938

RANGE OF
*

Bond Sales

1938

February
Jan. 1 to Feb. 28

Stock Sales

1937

NOTICE—Cash and deferred delivery sales are disregarded in the
outside of the regular monthly range are shown in a footnote in the

:

February

$285,459,000
628,146,000

.$127,693,000
293,503,000

19 to 40 furnish

pages

February, 1938, and the
embrace every

range

security dealt in

complete record of the transactions

a

They need

since Jan. 1.
on

1937

,

14,526,094
38,678,025

50,248,010
108,919,425

month's range unless they are the only transactions of the month, and when selling
month in which they occur.
No account is taken of such sales in computing the
■

on

_

Jan. 1 to Feb. 28

range for the year.

The tables

1938

,

Shares

no

extended introduction,

/;

the New Fork Stock Exchange during

on

as

they are self-explanatory.

The tables

We give bonds first, using the classification adopted in the official list.

the Exchange.

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
are at a

adopted by the New York Stock Exchange in 1909, all quotations for interest-paying bonds
price to which accrued interest must be added.
The exceptions to the rule are income bonds and bonds on which

interest is in default.
sent

one or more

Sales in

a

quoting bonds became effective Jan. 2,1909.

N.

T. STOCK

Quotations after decimal point

repre¬

point.
PRICES IN FEBRUARY

Price

BONDS

February
Value

This method of

32ds of

EXCHANGE

It

RANGE SINCE JAN.

1

Jan. 3

Feb. 1

1938

5 a.

Bid

Ask

Bid

Feb. 28

Ask Bid

Ask

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

U S GOVERNMENT BONDS

155,000 Treasury 4 M«
2,000
Registered.

Oct 15 1947-1952 A O
A

.......

189,000 Treasury 3Ms—-----Oct 15 1943-1945
6,000
Registered
359,000 Treasury 4a
Dec 15 1944-1954
2,000
Registered.....——

47,000 Treasury 3%t
Mar 15
Registered......
255:655 Treasury 3H*—June 15
Registered.......
84b:6oo Treasury 3s...—...Sept 15
2,000
Registered—.....—.
296,000 Treasury 3s—...Juae 15

1946-1956

J

116.22 Sale

117.4

10774

107718 167.26 10876

117.18 117.20 Sale

117.2

Feb.

117.21

Feb. 28

Jan.

117.24

Jan.

117.7

Feb.

117.7

Feb.

7

117.7

Feb.

117.7

Feb.

7

107.15

Feb.

108.10

Feb.

26

107.2

Jan.

108.10

Feb.

26

107.14

Feb.

107.25

Feb.

21

107.14

Feb.

108.1

Jan.

18

Sale

112.20

Feb.

113.6

Feb. 25

112.2

Jan.

113.11

Jan.

20

113

Feb.

113

Feb.

25

112.17

Jan.

112.17

Jan.

13

Sale"

111.5

Feb.

111.21

Feb. 28

110.27

Jan.

111.22

Jan.

18

107.18

Jan.

O

A O

Sale

Sale

D

J

D

J

112

112.11

112.26 Sale

110.9

110.29

110.31 111.17 111.21

113.6

D

M

8

M

D

J

157.18

Sale

107.31 108.14 108.20 Sale

107.30

Feb.

8 108.22

Feb. 28

108.22

Feb.

28

107.15

Jan.

108.12

Jan.

18

104.4

Sale

104

104.25 Sale

104.7

Feb.

104.30

Feb. 25

104

Jan.

4 104.30

Feb. 25

104.21

Sale

104.11

Feb.

14 104.21

Feb. 28

104.11

Feb.

14 104.21

Feb. 28

Sale

D

1951-1955

M

S

105

M S
J

D

J
Registered.............
...—.
71,000 Treasury 3M
June 15 194643 J
2,000
J
Registered.......

D
8

105710 Sale"

105.28

Sale"

106.2

106.9

106

Sale

106.8

D

145,000 Treasury 3Hs.......Msr 15 1941-1943 M

1946-1948

18

8

1943-1947 J

.....——

116.22

—

105.17

Feb.

8 106.4

Feb. 28

105.6

Jan.

4 106.11

Jan.

19

105.29

Feb.

106.8

Feb. 25

105.29

Feb.

106.13

Jan.

19

105.28

Feb.

14 105.28

Feb.

14

105.28

Feb.

14 106.3

Jan.

12

106.30

Feb.

10 107.13

Feb. 26

106.30

Feb.

10 107.13

Feb. 26

D

Sale

io?" Saie"

10773" sTle"

bale

107.11 Sale

143:665

M 8
Registered.....—
...
Treasury 3M«
June 15 1946-1949 J D

105.28 Sale

106.13 Sale

106.25 Sale

106.6

Feb.

7 106.28

Feb. 26

IcB' 28

Jan.

3 106.28

J

D

308:665

Treasury 3M>——Dec 15 1949-1952 J

I>

105.22 Sale

10678" Sale"

106.16 Sale

106.3

Feb.

8 106.22

Feb. 26

105.19

Jan.

106.22

J D
Registered.............—
Treasury 3M«
Aug 1 1941 F A

105.20 Sale

806:665

107711 Sale"

107718 Sa"le"~ 10775" Feb"."!

107.24 Sale

108.3

Sale

107.13

108.2

Sale

107.10
102.2

Feb.

102.2

104.24 104.2

Registered.............

Registered

...

....

F

107.4

Sale

107.3

Sale

Jan.

15

Feb. 26

105.20

Jan.

3 105.20

Jan.

3

107.20

Feb. 24

107.4

Jan.

3 107.22

Jan.

18

Feb.

108.7

Feb. 28

107

Jan.

Feb.

108.2

Feb. 28

106.30

Jan.

108.2

Feb.

102.25

Feb.

25

101.25

Jan.

102.25

Feb.

Feb.

102.15

Feb. 23

101.24

Jan.

102.15

Feb. 23

Feb.

104.23

Feb. 25

103.25

Jan.

104.29

Jan.

20
20

A

253,000 Treasury 3M>—..—Apr 15 1944-1946 A O
9,000
Registered...........
1,102,000 Treasury 2Hs
Mar 15 19554960 M 8
12,000

L.

Registered

106.30 Sale

101.30 Sale

10278"

Sale"

102.18 Sale

101.24 Sale

346,000 Treasury 2Mb.....Sept 15 1945-1947 M S

697:555

Registered...........
Treasury 2 Ms
Sept 15 1948-1951 ms
Registered
—

641:665

Treasury 2M>

366:555

Treasury 2M*--

879,666

Treasury 2Ms......Dec

103.26 Sale

164713 S~a~le~

104.9

102.1

108.7

Feb. 28
28

25

102.12 Sale

102.21 Sale

102.7

Feb.

4 102.25

Feb.

26

101.30

Jan.

102.29

Jan.

j~D 166731 Sale"

101715 Sale"

101.25 Sale

101.7

Feb.

7 101.30

Feb.

25

10173"" Jan7

101.30

Jan.

19

m"§

101.6

1017l9

Sale

101.4

Feb.

2 101.22

Feb. 28

Jan.

4 101.22

Feb.

28

Sale

Jan.

4 100.10

Feb.

25

Feb.

24

Sale

—

June 15 1951-1954

Registered.........

Sept 15 1956-1959

100.30 Sale

bale

100.26

Registered.......

1,000

j"d "55723 Sale"

i667l" Sale"

100.8

Feb.

25

100.4

15 1949-1953

Feb.

Feb.

24

103711 Saie"

99.27

102717 Sale"

103718 Saie

103.1

Feb.

7 103.22

Feb.

25

102.14

103.10 104

104.6

104.22 Sale

104.2

Feb.

3 104.22

Feb.

28

103.28

Jan.

28 104.30

Jan.

19

103725 Sale"

103.28 Sale

104.6

103.20

Feb.

8 104.8

Feb.

25

103.15

Jan.

27 104.12

Jan.

18

103730 Sale"

103725 164.8" 104717 Sale""

103 73~1

Feb".

25

103.22

Jan.

27 104.26

Jan.

19

102726 Sale"" 103"

103.8

102720" Feb".

Registered-.....—.

897,000 Treasury 2Ms...........Dec 15 1945 J
J
Registered...............—...
Federal Farm Mortgage

98.000

3M»
Mar
Registered....

254,665

3s

244:666

3s

D

Feb.

7 100.10

24 100.4

99.18

Jan.10 100.4

4 103.22

Jan.

Feb. 25

D

Corp—
15 1944-1964 m s

Sale

.....

May 15 1944-1949 M N

Registered

99.25

Sale

....—

Jan 15 1942-1947 i

j

104.17

Feb.

103.6

Feb. 24

8 104.7

Registered...

188:665

Mar 1 1942-1947

2M«

m"s

102718" Jan7"27 1037l7 Jan7"l9

Home Owners Mtge Corp—
3s Series A

May 1 1944-1952 MN

103.25 Sale

103.28 Sale

104.4

Sale

103.23

Feb.

1,063:665

2Mb Series B
Registered

Aug 1 1939-1949 FA

161725 Saie"

101.29 Sale

102.10 Sale

101.24

Feb.

622:606

2Mb series G

July 1 1942-1944

101722 Sale"

10272" Sale"

101714 Feb".

388,000

Registered.

Feb. 25

103.19

Jan.

17 104.15

Jan.

19

102.14

Feb. 25

101.19

Jan.

27 102.14

Jan.

19

102.8

Feb.

25

10176"" Jan7~

Feb.

16

22 M Feb.
Feb.

16

16M Jan.
17% Jan.
100M Jan.

....

j"j

101.6

Saie

3

10278" Feb."25

FOREIGN GOVT. & MUNICIPALS

Agricultural Mtge Bank (Colombia'—
♦Gtd sink fund 6s............1947 f A
11,000
♦Gtd sink fund 6s—..........1948 A O
28,000
......1963 M N
54,000 Akershus (Dept) extl 5s
J
15,000 •Antloquia (Dspt of) Col 7s A—1945 J
♦External s f 7s ser B..........1945
22,000
♦External s f 7s ser G..........1945
14,000
♦External s f 7s sen D......
1945
22,000
♦7s 1st series.................1957
16,000
♦7s 2d series..................1957
28,000
♦7s 3d series
......1957
14,000
1958
30,000 Antwerp (City) extl loan 5s—
Argentine Nation (Govt of)—
Sinking fund external 4 Ms
1971 mn
352,000
S f external cony loan 4s—Feb 1972 F A
470,000
S f extl cony loan 4s...Apr 1972 A O
307,000
.......

For footnotes see page

0



A

30.

13

25%

13

22

100 M 101%

5M

6

19M
19M
102

5

6M
6M
6M

98 M

21M

6M
6M

5

25 %
Sale

22%
22%
7%

Sale

6%
6M
5%
5%

6%

5%

6%

6%
6 %
m

35

Feb. 14
21M Feb. 24
21

100 % 100 M 100 M Feb.
7 M
7 M

7M
6%

Sale
7%
8
Sale
8M

6% Sale
5%
8

99 M

Sale

96 M
88 M

Sale
Sale

93 M
83

Sale
Sale

Sale
84 M Sale

88 M

Sale

83

Sale

84

6M
6M
6M
6%
6M

5%
5%
99 M

93 M

84 M

22

3 102

8
7 M
Feb
1
Feb.
7Vs
8
Feb.
7%
9
Feb.
7%
3
Feb.
6%
5
7
Feb.
7 "
Feb. 11
1 100 M
Feb.

89M Feb. 17

Feb
Feb.
Feb.
Feb.

1

Jan.

27

6

Jan.

7}

Jan.

10

26

6

Jan.

7

26

6M Jan.

7!

6

7\

Feb. 20
Feb. 26
Feb. 28
Feb. 26
Feb. 24
Feb. 20

26

Feb. 26
24

Feb.

26

Feb. 25

80

Feb.

17

80

Feb.

17

84

Feb.

Feb. 16

22M Feb. 10

25

Feb.

94M Feb.
84M Feb.

22

2
2
2

102

Jan.

6M Jan.
5% Feb.
5% Jan.
99

6
7
7

Jan.

89 M Feb.
80
Feb.
80
Feb.

100M Feb. 25

17

96 M Jan.
88M Jan.

17

88M Jan.

17

3
3
3

N. Y. STOCK EXCHANGE—BONDS

20
Sales in
Value

-

'&

|t

276.000
123,000
1
196,000
! 318,000
10,000
■'2 49,000
•

!-

69,000
■63,000
20,000
30,000
28,000
169,000
228,000
165,000
93,000
37,000
..
27,000
'

Government

Foreign

Price

(Co»i<*««4)
July 15 1955

PRICES IN

1938
Bid

Ask

Bid

Ask

Ask

Bid

104)4

Sale

106

Sale

M S

104

105

106%

Sale

106% Sale
L0554 Sale

1956

M N

100)4

Sale

101

Sale

101

1957

J

J

103

Sale

K

A

22
2054
iu654 Sale
104)4 Sale
114)4 Sale
9954 100)4
18
23)4
20% Sale
21)4 Sale
19)4 Sale
16% Sale
19
16%
99 % Sale
9 9 \s
99%

of 1928
f 7s....

External g
Austrian Govt s

♦Bavaria (Free State)

ext!6H>—1945

J

J

M S

Belgium 25 year external 4HS---1949
i
External s f 4s—............1955

J

J

D

External

s

1955

f 7s

M S

Bergen (Norway) extl 5s
—1960
♦Berlin (Germany) s f 614s
.1950 A C
J D
'External sinking fund 6s.....1958
♦Brazil (U S of)

♦Ext

external 8s.....1941

19S7
1957
♦Cent Ry 30-year g 7s........1952
Brisbane (City) s f 5s.......—..1957
Sinking fund gold 5s .........1958
20-year a f 6s
1950
f g 6)4* of 1926...
♦Extl s f 6Hs of 1927
s

I

D

A

O

A

O

J

D

104)4 Sale
19%
22

107)|
107

115
101

19%
20%
18

\16%
16%

i-

'16

t

A

J

D

102%

Sale

102

22%

Sale

22% 23%
|70)4 106
60%
79

80

106

M

S

70

85

F

A

70

M

S

F

A

A

O

60%
63%

82% Sale
24

20

m% 107% 106%
106%. 107% 106
112%
L1254 Sale
101
L01)4
20
21% 2154
23%
21% 24% *20)4
Sale
Sale
117)4
19% 20
19
Sale
11554
Sale
11554
18% Sale
Sale
Sale
1554
18% Sale
101
Sale
100)4
Sale
101
[00% 10054 100
102% 102
102% L02

P

3,000 ♦Budapest (City of)
2,000 ♦Buenos Airs •(Prov)ref.ext'ls f 6s
♦Stamped........
........
5,000
1961
4,000
♦6)4a stamped
...
1977
264,000
Readjustment 454-454*—
1976
Refunding s f 4)4-4)4*
74,000
Extl readjust 4%»-4%n.m--—-- 1976
33,000
1975
Extl s f 4)4-4)4 $ bonds
90,000
16,000
3% external s f S bonds...... 1984

.....

MN

69% Sale
69% Sale
69)4 Sale
72% Sale

J

J

53

Sale

69
66% Sale
;47
Sale

1967 J

J

31 %

Sale

'3154

33

Sale

Sale

163% Sale

|65)|

20%
Sale
74

85
65
65

*7454
63% Sale
61%
64
60
65%
64%
67%
49% Sale

10654 Feb.

3

106% Feb.

2

102
105

Feb.

3
4

Feb.

22

Feb.

Feb. 19 107

Feb.

10 107

Feb.

Feb.

Feb. 23 11554 Feb.
Feb. 24 102% Feb.
Feb.
5 23% Feb.

Feb.
Feb.
Feb.
Feb..
Feb.
Feb.

8 22%
4 21
4 19
4 18%
4 18%
4 101%

Feb.
Feb.

Feb. 21
8 101
8 10254 Feb. 24

Feb.
Feb.
Feb.

Feb.
Feb. 25
Feb.
1

74

47

Feb.

9

219,000
78,000
171,000
189,000
169,000
285,000
10,000
16,000
27,000
38,000
14,000
68,000
180,000
114,000
157,000
90,000
49,000
188,000
71,000
31,000
85,000
42,000

■

53,000j
H-Boo
189,000
141,000
5,000
6,000
5,000
115,000
83,000

♦Secured

s

f 7s—.—

1968 M N

♦Stabilization loan 7%*

A O
Canada (Dom) Gold 4s.......... 1960
.1952 M N
30-year gold 5s
...

—

30-year 3s

1945 F
1961 J

A

1944 J
1967 J

J

i

Aug 15

10-year 2)4s
25-year 354*
7-year 254*---—

J

J

J

♦Carlsbad (City) a f 8s.......... 1954
♦Cent Agric Bank (Ger) 7s—.— 1950 M S
J
♦ Farm Loan s f 6s
1960 J
............

♦Farm loan

s

f 6a

1960

.........

♦Farm loan 6s series A.....— 1938

V

O

A

O

♦Chile Republic exts f g 7s..... 1942 ftl N
♦External sinking fund g 6a .. 1960 A O
1961 F A
♦External s f

Feb

gold 6s

J
J
♦Ry ref extl s f g 6s.......Jan 1961
M S
a f 6s Int ctfs
...Sept 1961

♦Extl

1962 M

♦Extl sinking fund 6s
♦External sinking

♦Guar

s

1963

fund 6s

of gu S f 6)4s

♦Chile Mtge Bank

I gold 654*

8

.

.....—

M N

1957

I

D

1961 J

D

1961 A C
♦Guaranteed s f gold 6s
♦Guaranteed sinking fund 6s_. 1962 M N
1960 M S

♦Chilean Munlc Loan 7s

J
D
♦Chinese Hukuang Ry 5s....... 1951
m e
♦Cologne (Germany) a f4)4s___. 1950

Colombia (Republic
♦6s of 1928

♦Extl

s

88
36

26

;

Sale

3254

32
3354

36

6554 Feb.

4

67

2

60% Feb. 21
61% Feb. 19
8
6354 Feb.
47
9
Feb.

Sale
10854 Feb. 26 110
Sale
111% Feb. 18 113
3 10154
Feb.
101n 101% 101
1 102%
Sale
101
Feb.
102
100% 100% 100)4 Feb. 23 101
1
96
Feb.
9654 Sale
9654
4
61
z62
Feb.
62%
50H

Feb.

111

Feb.

3

Feb.

15

100)4

101

Sale

Sale

10054

Sale

Sale

96

59
Sale

34

Sale

5954

'38%

U*

34

31%
16% Sale

*29

33

Sale

16%
17)4
16% Sale
16%
17)4
16%
17)4
16% Sale
14%
15%
14%
15%
14%
15%
15
14%
12
10%
20

33

31%
31%
30%
1754
17%
1754

11754 Sale
47% Sale

117%

'l 754
k Vi

m

Sale

30
30

Feb. 14
5
Feb.

33
32
Sale
Sale

Sale
Sale

Sale

m
it*

35

Sale
Sale

Sale

16)4
Sale
Sale
14

Feb. 17
4
Feb.
4
Feb.
3
Feb.
4
Feb.
3
Feb.
4
Feb.
4
Feb.
1
Feb.
1
15% Feb.
1
15% Feb.
1
15)4 Feb.

2954
17%
17%
1754
1754
1754
1754
17%
15%

1254 Feb.

11

37

Feb.

11

Feb.

14

Feb.
Feb.

11

Feb.

2

Oct 1961

f g 68

Jan

♦Sinking fund 7s of 1926

1961 J

1947 F
1952 J

♦Sinking fund 7s of 1927..

29,000

A

O
J

12)4
13

1947 A O
1946 MN

654*-

♦Colombia Mtge Bank

Copenhagen externa) 5s
Gold 4)4s
——
♦Cordoba (City) 7s
—
♦ 78
.......
stamped
Cordoba (Pro?) Argen 7s

A

D

1953 VI N
1957 F

A

1957 F

A

1942 J

...

.....

Sale

22
20

23%
99% Sale
97%
97%
52%
54
53)4 Sale

J

—.1951 M N
2,000 ♦Costa Rica (Rep of) 7s
M 8
1944
26,000 Cuba (Rep of) 5s of 1904
5a ext debt Ser A of 1914
1949
17,000
4)4s external loan—...—...1949
3,000
30-year s f 5His
1953
55,000
♦Public Works 5)4s
June 30 1945
1,672,000
59,000 Czechoslovak (Rep of) extl 8s... 1951
Sink fd 8a sar B
1952
18,000
118,000 Denmark 20-yr external gold 6s .1942
External g 5)4s._...
1955
120,000
External g 454*
..........—1962
275,000
Deutsche Bank Am part ctfs 6a
1932
M S
♦♦Stamped extd to Sept 11935.....
22,000
M S
1942
19,000 Dominican Republics f 5)48.*.
1st ser 5Xs of 1926
1940 A O
2,000
A O
2d series sinking fund 5)*s
1940
5,000
M S
Customs Adm 5)4s 2s ser......1961
22,000
A O
5)48 1st series
..........1969
2,000
A O
5)48 2d series...............1969
5,000

Feb.

17

17% Feb.
17% Feb.

2

18

86

MX

Sale

23

lip

100H
98

95

102%

Sale

71%

Sale

22
24
24
Sale
Sale

Sale

23

2254 Sale
2254
23
101% Sale
100% Sale

Feb.

18

Feb.

23
26

17% Feb.

24

17% Feb.

16

16

Feb.

17

15% Feb.

Feb. 21

ai)4 Jan.
32% Jan.

Jan.

11

Jan. 10
Jan. 10
7
Jan.
1
Feb.
Jan. 12
Jan. 12

7854 Jan.
Jan.

P
P
B*

10

Jan.

3

7

7

Jan.

3SK Jan.

36

Jan.

3

30

Jan.

11
8

2954 Feb. 17
16 54 Jan.

3

16%
16%
1654
1654
16%
16%
1454

3

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

7

Jan.
Jan.
Jan.

17

3 110
Jan.
Feb. 18 11354
Jan. 28 10154
4 102%
Jan.
3 101
Jan.
3
95% Jan.
9654
59
Jan.
6
62%

2954 Jan.

8
17
11

Jan.

25

108%
111%
10054
100%
9954

14

4

3
4

Feb.
2
Jan. 20

Feb. 15
Feb. 11
Feb. 14
Jan. 20

Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
18% Jan.
18% Jan.

16

37

10

31%
31%
31%
18%

20

ilg

26

15
25
25

25
25
25

Jan.

25

3

18% Jan.

25

4

18%

4

16

12

16

Feb. 17
Jan. 25

15

12

16

15% Feb. 26

12

16% Jan.

15
7

6

14

Jan.

26

21

Jan.

24

16

Feb.

14

Feb.

24

21

Feb.

8 z2l

Feb.

8

19% Jan.

i7

1454 Feb. 28
1454 Feb. 28

1254 Jan.

4

Jan.

3

23

82

58

60% "53~" Sale
88
87% Sale

8354

30

2154
103%
103%

Sale

Sale"

13

19

1754 Jan.
16% Jan.

11

52
84

20

Sale

20

Sale

103

Sale

alOl

102% 104

105

104

103

106%

105

Sale

105%

Sale

101

10154

103

Sale

Sale

101)

Sale

100
103

Sale
Sale

94

68

85
89

Feb.

28

28
18
28
28

Feb.

3

28

82

581
871

22
Feb. 28
7 104
Feb.
Feb. 24 11054
1 zlOO
Feb.
Feb. 23 106
Feb. 11
78%
23 104

94
Sale
Feb. 23 10254
1 10654
105% Sale
10554 Feb.
10254 102% 102)4 Feb. 25 104
7 102
101% Sale
10054 Feb.

75

85

86%

66%

65

Sale

86%
64%

94
69

89

50
50

65

60

61

60

63

50

64

63

Sale

60

50

59

60

50

56%

60

62

50

59

60

62)4

f 7s .—..1945 MN
1st 8 f 8s A...1948
J

♦Certificates of deposit

J

17,000
J
J
23,000 Estonia (Republic) 7s—........1967
M S
38,000 Finland (Rep of) external 6s....1945
M N
20,000 •Frankfort (City of) a f 6)4a—..1953
J D
59,000 Fiench Republic 7)4* stamped..1941
7)4a unstamped
.....1941
80,000
j~D
External s f 7s stamped
1949
77,000
7s unstamped
—1949
25,000

34%
99% 100
107
108
21%
102% Sale
92%
98
100

99% 102

Sale

Feb.
Feb.

9

Feb.

23

Feb. 15
Feb.

1

Feb.

4

Jan.

24

52

Feb. 23
Jan.
6

17% Jan.
10254 Jan.
106

24
Jan. 31
3
7 104
Feb. 23
Feb. 24 110% Feb. 15

9654 Jan.
10254 Jan.

18 100
6 106

Feb. 15

68

Feb.

Feb.

3

85

Feb. 10
Feb. 14

89
105

Feb. 23 104
Feb. 23 105

Feb.
Feb.

2

25,

Jan.

101% Jan.
9954 Jan.
83

Jan.

11

3

Jan.

Feb.

7854 Feb.

28
4

15

Jan.

24

Jan.

25

10654 Feb.

14

5 104

Feb.

2

3 102

Feb.

25

Feb. 26

90

Feb.

9

5

90

16

66

Feb.

26.

57

Jan.

7

66

Feb.

23

62

Feb.

60

Jan.

19

62

Feb.
9
Feb. 26
Feb. 23

63
61
61

60

17

63

60

Jan.

19

64

Jan.

11

6254 Feb.
6054 Feb.

55

Jan.

6

64

Jan.

15

18

13

62

Jan.

20

60

21

62

Feb.

3
24

5854 Jan.

62%

Feb.
Feb.
Feb.
Feb.

23,
1!
Feb.

6

62

Feb.

24

19

Feb.

8

20

Feb.

8

28

23

Feb.
Feb.

16

2654 Feb.

60
60

Sale

18

18

Feb. 28
Feb. 28
80
Jan. 24
62% Jan. 20
90
Jan. 17

61

19

99

28

Feb.

23

9954 Jan.
97% Jan.

Jan.

60

Sale

108

28

Feb.

8

2254
2254
25 101%
4 100%

17

63% Feb.

60

26%

Feb.

10

60

94

18

25

1454 Feb. 28
8
1454 Jan.

80

Feb. 23
Feb. 10

Feb.

13

Feb.

2254 Feb.
22 54 Feb.
101% Feb.
100% Feb.

Feb.
Feb.

9954 Feb.
9754 Feb.

104

Sale

103

Feb.

21% Feb.
21

10354 10754 106

10454 107
73

1254 Feb.

82

75

105

99%

1454 Sale
1454 Sale

Sale
Sale

100

103

103%

♦Dresden (City) extl s
El Salvador (Rep)

23

18

_

3,000

16

31% Feb. 21
Feb. 18
31]
8.
31% Feb.

Feb. 25

35

"20""

18%
1354
1354

33

Sale

1754
1754
Sale
al754
17 54
1754
Sale
1554

Sale

14)4

Feb.

Sale

Sale

40

36

Sale

Sale

21)4

17

38

38

16%

2

108

9
__

Jan.

60

Feb. 26
8

4

18

Feb. 28

3

33% Feb.

15

85

2

32

13

Jan.
Feb.
Feb.
Feb.

23

24

Feb.

Jan.

19

Feb.

Feb.

49% Feb. 28

2

4
Feb.
Feb. 26

Feb. 16
7254 Feb. 26
73% Feb. 24

Feb.

Sale

Sale

19%
Feb.
3 101%
Jan.
4 10154
Jan.
Jan. 26 102%

64

Sale

Sale

1554
9954
9954
101%

64% Feb.

10954
11254
101%

Sale

l30
130

26
26

7
3154 Feb.
32% Feb. 23

3

of)—

46,006

■

108)4
112%
100)4
100%
99%

33

Feb.

Jan.

81

Feb.

Feb. 21
60% Feb. 21
61% Feb. 19
8
6354 Feb.

4 102

20

85
74

60

3

100

7

22% Feb.

Feb.
Feb.

3 10654 Feb.
4 10654 Feb.

Feb. 28
24

19
16

7254 Feb. 26
73% Feb. 24

20
81

Sale Prices

10454 Jan.
10454 Jan.

77% Feb. 23 105%
2054 Jan. 29 2254
26
14 10654 Feb. 19 108
3 10754
25 104 54 Jan.
4, 112% Feb. 23 11554
Jan.
4 102 54
9 100
1954 Jan. 27
2354
18
18% Jan. 24 22%
25
23
17% Feb.
4
25
1954
1554 Feb.
4
25
19%
1554 Feb.
a
28

Bulgaria (Kingdom of)—

45,000
58,000

1

Highest

Sale Prices

Sale Prices

Sale Prices

10554 Feb.
4
10554 Feb.
8
101
Feb.
1
77% Feb. 23
2054 Feb. 21

Sale
107%
115%
102)4

VI

101)4
100%

Sale

Lowest

Highes„

Lowest

Feb. 28

Feb. 1

External loan 5a of 1927.......1957

Australia 5s of 1925

RANGE SINCE JAN.

FEBRUARY

Jan. 3

EXCHANGE

N. Y. UTOCK

J
D
6s.......— 1962
1961 M S

7,000

•

b|

BONDS

February
■

2354

3

51

Jan.

8

19

Feb.

8

20

Feb.

1

23

Feb.

16

30

Jan.

99

Jan.

20 100

Jan.

14

Feb. 26 108

Jan.

24

1 100

Feb.

4

106% Sale
106% Feb. 26 108
19
5
21
20%
22%
19% Feb.

Feb.

1

100

99

108
105% Sale 107
97%
99% 100
105% 108% 106% 108
100% Sale
9854

105

Feb.

96% Feb.
105% Feb.
9954 Feb.

Feb.

15

Feb.

26

Feb.

14

5 10754 Feb.

26

11 108
5 100
2 100%

24

Feb.

.1

Feb.

23

106)4
19%
10254
96%

21
Jan. 29
3 108
Jan.
Feb.
5 100
105
Jan. 12 107%
99% Jan. 24 100)4

5

Jan.

10

Jan.

25

Feb.

14

Feb. 26
Feb.
1

German Gov't International—

i

V

357,000

85,000

151",666
13,000

.....1965
1965
+5)48 stpd (Canadian holder) -.1965
♦German Republic 7s stamped..1949
♦7s unstamped.........
1949
♦35-year 5)48 stamped

J

D

♦5)48 unstamped

German Prov &

Communal

25%
21%

25%
23

20
A

O

27

Sale

27

23%

Sale

22%

20

Sale

2454

Feb.

11

23% Feb.

5

2454 Feb. 23
34% Feb. 23
27% Feb. 25

26

28

25% Jan.
2254 Jan.

4

28

5

24% Feb. 23

5

Feb.

23

20

30%

31%

33

27

25

32

Feb.

7

35

27

Feb.

7

23

35

Sale

25

Sale

24

27

25

Feb.

2

32%

30% Jan.
26

Jan.

20

34% Feb. 23
27% Feb. 25

Jan.

25

29

Bka—
J

O

♦(Cons Agric Loan) 6)4s ser A.1958
4,000
MN
3,000 ♦Greek Govt secured 7s.........1964
♦7s part paid...............1964
44,000
P" A
•S f secured 6s............—1968
4,000
♦6s part paid
..........
1968
16,000
12,000 Haiti (Rep of) 6s series A........1952
1946
16,000 ♦Hamburg (State) 6s
3,000 ♦Heidelberg (City) extl o f 7)4s._1950
...I960
26,000 Helslngfors (City) ext 6)4s

30

20

29%

29

Feb.

2

25

3254 Feb.

9

29

Feb.

1

30% Feb. 14
26% Feb. 28

17

28

Feb.

9

27

25

26

Feb.

4

24

Jan.
Jan.

17

70

Feb. 17
Feb. 25
Feb.
1

27

7454 Feb.

85

Jan.

1
22
Feb. 25
"26" 1954 Feb.
17% Sale
1754 Feb. 28 1754 Feb. 28
10454 105% zl0454Feb. 10 105% Feb. 24

19

Jan.

22

Feb

27

26% Sale

26
22

28

27

29%
2854

26

2554
70

Sale

22
19

19%

Sale

105

28

27

Feb.

2554

24

Feb.

Feb.

1

2954
Sale

87%
19

3054 Feb. 14
2654 Feb. 28

22%
7354

3054

29

19

104%

20

70

25

,

6

Jan.

32% Feb
3054 Jan.
29

17% Jan. 25 1754 Feb
104% Feb. 10 105% Feb

Hungarian Cons Municipal Loan—
♦Secured

s

♦Secured

26,000

s

f g

7)4*--——1945

f g 7s.

1946
M N
♦Hungarian Land M.ge 7)4s A..1961
M N
•S f 7)4* series B
1961
Hungary (Kingdom of)—
7)4s extended at 4)4% to
1979 F A

24,000
1960
1,000 Irish Free State external 5s.;
356,000 Italy (Kingdom) external 8 f 7s. 1951
116,000 Italian Cred Consortium 7s ser B 1947
1952
137,000 Italian Public Utility s f g 7s
1954
367,000 Japanese Gov extl s f 6)4s
Extl sinking fund 5)4*
1965
265,000

45,000 ♦Jugoslavia (State Mtge Bk) 7a..1957
♦
Leipzig (City) external s f g 7s. 1947
10,000

17%
17%
18
18

57%

F

A

D

80

M




30.

17

1854
1954

Jan.

5

19

16

18% Feb.

5

Jan.

28

18% Jan.

Feb.

11

18% Jan.

25

18

11
25

Jan.

Jan.

18
50

59%

115

Sale

18

18

18

56

115%

5154 Feb. 23 59% Feb. 16
115% Feb. 26 115% Feb. 26

80

Sale

80

Sale

75

Feb.

7

81

78

Sale

74

Sale

78

Feb.

23
1

5154 Feb. 23 59)4 Feb. 16
4 115% Feb. 26
114% Jan.
75
Feb.
82
7
Jan. 19
71% Feb. 10 80% Jan. 21
8
59% Feb.
65% Jan. 12

8

75
62

67

60

62%

Sale

7154 Feb.
5954 Feb.

10

J

8

6454 Feb. 24

F

A

77

Sale

72

Sale

74

Sale

72

Feb.

1

76

Feb.

10

72

Jan.

21

81

Jan.

4

64% Sale

57

Sale

62

Sale

5554 Feb.

8

62

Feb.

28

49% Jan.

12

64)4 Jan.

4

42%

4254
2054

43

Feb.

2

44% Feb. 21

M N

A

O

F

A

7)£a......_1950 J D
.1954 J D
41" 066
MN
24,000 ♦Mexican Irrig Assenting s f 4)4* 1943
9,000 ♦Mexico(U S)external 5s of 1899£ 1945 Q J
♦Assenting 5s of 1899.........1945
42,000
•Assenting 5s large...............
25,000
♦Assenting 5s small...............
14,000
For footnotes, see page

19

1954
1954
57

18

17

J

80

.....

22

Lower Austria (Prov)

♦Medellin (Colombia) 6 >4*--

59

19
20

18%

19%
19%

113

J

19

23%

43

Sale
104%
754
2% Sale

20

Feb.

4254 Jan. 21
20% Feb.
8

2%
3%

254

5

""354

9

22

Feb.

25

654 Feb.

2

8

Feb.

26

254

2

Feb.

15

254 Feb. 28

2

Feb.

4

Sale

4

Feb.

28

4

Feb.

28

Sale

254 Feb. 21
8
254 Feb.
254 Feb. 26

4

Feb.

28

3%
2%
254
2%

Jan. 25
Feb. 21
Feb.
8
Feb. 26

.....

7

6

2%

2054 Feb.
9%
Sale

4

104%
6

2%
2%

6354

-

44% Feb. 21
22

Feb. 25

90

3% Sale

3% Feb. 28
254 Feb. 26

6% Jan.

5
15

8""Feb".~26
254 Jan.
4

Fel

4

Fel

3)4 Fel
254 Fel

12
"

March, 1938]

31

N. Y. STOCK EXCHANGE—BONDS

Sales in

Price

PRICES IN FEBRUARY

February

BONDS
n. t. stock exchange

1938

RANGE SINCE JAN.

1

Jan. 3

Value

-

FOREIGN GOVT (CotUluM)

Feb. 1

Ask

Bid

Bid

Feb. 28

Ask Bid

Lowest

Lowest

Sale Prices

Ask

Highest
Sale Prices

Sale Prices

Highest>Sale Prices

Mexico (Continued)
♦4« of

61,000
10,000
23,000

1904

.1954 J

88,000
76,000
1,000

9i"666

2% Sale

2

Feb.

8

3

Feb.

28

2

3

Sale

3

Feb.

28

3

Feb.

28

3

2%

Sale

1% Feb.

16

2% Feb. 28

Aaventlng 4a of 1904...

aaaant

80,000

(larfa) 193.1 r

♦♦Small

6,000
37,000
305,000
170,000
110,000
57,000
150,000

♦Sec extl

a

f

♦Secextl

a

f

6% 8
6% a

New South Wales ext 1
a

f

J

D

1959 MN

195v P
1958 A

| 5a

f 0 5a

A

20-year external

'64X

Sale

9}

Sale

9

f 6a. Aug 15 1944 F A
Extl sinking fund 4Us
.....1956 M S
External sink fund 4%S—.1965 A O
48 a f extl loan
1963 F A

60

55

101%
Sale
Sale

106%

Sale

104 %

Sale

ext a f 5s

102 % 103
102 X Sale
102 X 104 H

1970 J

D

20

Sale

20

53

Sale

61

Sale

50

A O

101

103%

101X 105

S

O
O

16,000

80 X
59 %

............1950

J

1961

D

....196b

J

Prague (Greater City) 7Ho
1952 MN
♦Prussia (Free State) ext af 6H—1951 M S
1952 A O

aer

♦Rio de Janeiro (City of) 8a
♦Extl sec 6H«

12,000
5,000
160,000
176,000
109,000
2,000

138,000
62,000
52,000
19,000
46,000
93,000
28,000
167,000
31,000
14,000

46",000
98,000
197,000

11

108

1946 A O
D

♦7s Municipal loan

1967 J

Rome (City) external a f 6Ha

D

A

O

♦Roumanla (Kingdom of) 7a.....1959 F

36 X

J

Sao Paulo (City of)—♦8s extl secured a f

♦6%a extl secured

a

1953 I

.........1952 MN
f_.

....1957 M N

•♦8s

extl'loan of 1921

1936
1950

♦8s external....

J
J

♦7s extl Water loan........... 1956 M S
♦6s extl Dollar loan
1968 J
J

Sec

8

I g 7s

1940 A O

♦Saxon State Mtge Inat 7a.

1945 J

D

♦SFg6Ha
Dec 1946 J D
Serbs Croats & Slovenes (Kingdom)
♦88 secured extl..............1962 M N
♦78 ser B sec extl
1962 M N

Tokyo City loan of 1912
External

a

a

♦Exter

a

f 6a

A

...

...

3H-4-4H% extl readj
4-4%-4%s extl readj
3%s External readjustment

1979 MN
1978 F A
1984 J
J

Venetian Prov Mtg Bank 7a..... 1952 A O
Vienna (City of) 6s
.....1952 MN
♦Warsaw (City) external 7s.._...1958 F A

Yokohama (City) extl

a

f 4a...... 1941 I

l>

20

Fee.
Feb.
Feb.
Feb.

3
9
15
9
15
24
16

11X
47%

30

g*
IF
X03H

59 X

101

53 5.
50

10
12

7% Feb.
10% Feb.
9% Feb.
9% Feb.

9

4

Feb.

25

11

Feb.

65

Feb.

28

81

Feb.

28

60%

Sale

10% Sale

Feb.

8% Feb.

8

11% Feb. 25

8

11

Feo.

25

25

60% Feb. 28

49%
49 X

100
Sale
60X Sale

9

Jan.

29

14

90

24

20

22

20

Feb.

7

22% Feb. 28

19
19

Feb.
Jan.
Jan.

24

22

27

22% Feb. 28

10

Feb.
Feb.

107% Sale 107% Feb. 24 108% Feb.
109
Feb.
109% 112
1 109% Feb.
23
Feb.
25
Feb.
2
36% 25
15

9% Sale

3
3

10%
9

Sale
12

13%
25
12% Sale
12
12%
10%
20
Sale

25

Sale

Sale

Sale

101% 105
58
55%
51%
Sale

58% Sale
101

Feb.
Feb.

4

9% Feb.

18

8

5

13 108% Jan.
8 109% Jan.

7

25

Jan.

Feb.

5

12

4

10% Jan.
12% Jan.
10% Jan.

25

Jan.

11% Feb. 26
9% Feb. 25

10
8

9% Feb.

4

12% Feb. 26
9% Feb. 25

18

Feb.

8

Feb.

4

Feb.

5

10

8

Feb.

5

4

9% Feb.
71% Feb.

8% Jan.

8% Feb.

Feb.

Feb.

25
25

21
19
7

Jan.

Feb.

2

8

12%
9%
9%
9%
34%

Feb. 28
4
Feb.
Feb.
3
Feb.
3
Feb.
9

10% Jan.
10% Jan.

7
8
11
11

1

65

Feb.

28
7

73

Jan.

19

10

28

Feb.

28

38

Jan.

5

8% Feb.
8% Feb.

16

11% Jan.
10% Jan.

7
11

23

102

23
25

Feb. 28
4
Feb.
Jan. 29
Jan. 14
9
Feb.

24% Feb. 19
24% Feb. 19

23
24

Feb.

18

Jan.

10

32% Feb.
32% Feb.
60% Feb. 28

30% Feb.

3

31

54% Feb. 21
25

26

Feo.

18
19

30% Feb.

3

31

7

Feb.

Feb.

41

Feb.

24

23
23

Feb.

25

103% Feb. 18 104% Feb.

3

1

51

Feb.

3

55

Feb.

40

Feb.

5

48

Feb.

25
28

53

Feb.

2

59

Feb.

28

101

Feb.

17 104
51
8

Feb.

2

Feb.

Sale

50

Sale

45% Feb.
42% Feb.

50

49

Sale

45

48

49%
46%
39%

Sale

40% Feb.
7
45% Feb. 17

it*

16% Feb.
12% Feb.
12
Feb,
11% Feb.

8

12%
9%
9%
9%
34%

51

Feb.

7
3

28
Feb. 28
50
49
Feb.
2
49% Feb. 28
47
Feb. 25

40

Feb.

Sale

75

Feb.

100

Feb.

Sale

79%

107% Jan.
106% Jan.

18

8

24% Feb.

30

32% Sale
59% Sale
21
31%

48

10

8% Feb.

29%

Sale
Sale

53% Feb.

60

Feb.

1

Sale

55

65

Feb.

25

2

42% Feb.

16% Feb. 23
13% Jan* 10
Jan.
7
11% Jan.
4
4
47% Jan.
13

24% Feb.
24% Feb.

19
19

7

33% Jan.
33% Jan.

54% Feb. 21

60% Jan.

11
11
18

25

26

Feb.

23

7 104% Feb.
Jan.'
57
11
Feb.
48
5

28

Feb.
Feb.

103% Jan.
48% Jan.
40

Feb.

47% Jan.

,1

12

Feb.

17

45% Feb.
42% Feb.

8
7

45

3

101

Feb.

7
40% Feb.
45% Feb. 17

11

40

Feb.

14

75

Feb.

2

Jan.

3

3
3

104^
It*

Jan.

19

Jan.

10

i*

Jan.

8

47

Feb.

25

42%

Feb.

Jan.

2

8

Feb.

11

Jan.
Jan.

13
6

Feb.

25

85

Sale
Sale
Sale

24

26

98% Feb.

7

32 X
57 X

60

Feb.

6

5

32

55

10
7
14

24

Sale

100

6

Feb

32

80

99 H
58 X

8
19

Jan.
Jan.

Feb.

23%
23%

46

65

Jan.
Jan.

Feb.

39

53 X
55

Jan.
7
Jan. 10
Jan. : 8

9

9%
10H
37X Sale

50

4
9%
Feb.
8
11%
Feb.
8
11%
Feb.
Jan. 31 "11%
57
Feb. 21
67%
75% Feb. 21 82%
62
54% Feb. 21

7%
10%
9%
9%

4
27
4

90

17
17

Sale

42% Jan.
39% Jan.

20

10% Feb. 28
9% Feb. 26

48%
47 X

14

Sale

9

16

M Sale"

19 104% Jan.

27

21% Sale
22% Sale

98

10% Feb. 28

Feb.

15
14

11% Jan.
10% Jan.
98% Feb.

18

8% Feb.
8% Feb.

Sale

Feb.

42% Jan.

19

Sale

5
3

34

29%

103

26
28

100

4

43
Sale

Feb.
Feb.

1

17

104%
50 X

61

39% Feb. 23

30

58%
31H

21

12

19 103% Feb.

28

Sale

31

Jan.

14

Feb.

33

Jan.

51

Feb.

z28

19
19

20

Feb.

21

25
Sale

16

3

57

Sale

17 104% Feb.
3 103% Feb.

103% Feb.

75% Feb. 21
54% Feb. 21

10 X

28

47% Jan. 12 55% Jan.
101% Feb. 19 103% Feb.

Sale

14

12 107% Jan.
7 106% Feb.

Jan.
Jan.
Jan.
Jan.
Jan.

26

Sale

10

9

19

24

103% 101% Feb.

3

Feb.

Jan.

io°?*

28

28

13
Sale
48 H

105%
106%
104%
102%
102%

3

Feb.

30%

m
11%

3

Feb.

4

Feb.

Sale

12
8%
8X Sale

Jan.

100% Jan.

Feb.

29%

10H
9% Sale

101

Jan.

55

7

10

4

10
20

20

61

30

20 X

26

Jan.

21

81

36X

Feb.

Jan.

Feb.

65

Sale

10%
11
61

Feb.
Feb.

80
Sale

98

7

60

53

Sale

Sale
Sale

Jan.

8
20

Feb.

51

10% Sale
10% Sale

11
10

8% Feb. 21
8% Feb. 18

Jan.

56

Feb.

51X

O

107%
106%
104%
103%

105
Feb,
103% Feb.
102% Feb.

Feb.

65

J

F

107

Sale

1952 M S
M N

104% Feb.
103% Feb.

67

..1971 J
A

Feb.
Feb.
Feb.
Feb.

12% Sale
9% Sale
9% Sale
9%
11

104 X
Sale

1966 M N
.........1964 M N

....

22

101%
101%
106%
106%

11X
Sale
Sale

108% Sale
109

1

11X Sale
8% Sale
8%
9X
8%
9X
71% Sale

Sale
10 X
10 H
Sale

A

f 5H« guar........1961

f 6a

96

26

Feb.

40

9X
9X
9X
X

A

Trondhiem (City) 1st ext g 5He_.1957
♦Uruguay (Rep) external a f 8a..1946
♦Ext

59

67

57% Jan.

102% Sale 100
40%
47
39%
40% 34

8%

3

7

3

3% Jan.
8
2% Feb. 28
3% Jan. 18

Sale

iSfg

11

8

25

60

12

F

1955

5s..

78

10

1

11%
12%
8% Sale

..1946 F

Sydney (City) a f g 5He
Taiwan Elec Pow 5He..

9%
9X
63}

18

Feb.

60% Feb.

8

10% Feb.
10% Feb.

Feb.

Feb.

15

12

....

♦Silesia (Prov) extl sink fund 7a. 1958 J D
♦Slleslan Landowners Aaan 6a
1947 F A

7
11

Sale

3

66% Feb.

Sale
Sale

A

1952

Sale

20X
20 X

Sale

24

9%

1966 MN

103;
40%
36 X

8X
8X

107% 112

10 X

1968 J

....

Sale

10 X

X

52 H

102 X

98%
21
Sale

9X
95

20 X
20 X

1946 A O

IfStyrla (Province of) 7a....

4~9",666

10

1953 F A

Rio Grande do Sul (State of)—
♦8s extl loan of 1921

♦6s extl a f g
♦7s extl loan of 1926

A1950 M S

San Paulo (State of)—

33,000
112,000
50,000
53,000
117,000

10%
15%
Sale
Sale
Sale
Sale
Sale

65 %

O

♦Saarbruecken (City) • f 6s

11,000

9

11%

♦Natloaal loan ext a f 6s...
1961
♦Poland (Rep of) g 4a._.
1940
♦Stabllls loan 7a of *27. Oct 15 1947

Queensland (State of) ext a f 7a..1941 A O
25-year extl a f 6a
Feb 15 1947 F A

35,000

"35% "46"

9%
9%

♦Rhine-Main-Danube deb7s

Sale
105
105% Sale
103 X Sale
103X Sale
103 X Sale
102X Sale
102% 104% 102% 103

Sale

1947 M

♦8 f gold 6a

Sale

19

42,000
9,000
1,000

30,000
223,000

7

60

102%
102% Sale
106 X 106%
106% Sale

55 X

D

f 8s

Sale

60

1960

a

Sale

107

50
Sale

B

5,000
18,000
47,000
18,000
44,000

27,000
86,000
78.000

8

8% Feb.
8% Feb.

10%
10%
55%

58 H

A

MN

1959 M S

f 6a..

ext a

10

F

1953 J D
a f 5s se* A
May 15 1963 M N
♦Stamped (assented)....... 1963 MN

♦National loan

102%
103 X
106X
106 X

10

9

16

3% Jan.
Feb.

60% Feb.

Sale

Sale

M

Panama (Rep) external 5H«

♦Pernambuco (State of) 7a
♦Peru (Rep) Sec a f g 7a

jx

8
28

8

Jan,

3

Feb.

Feb.

1 % Feb.

6

64

OH

8%
60

a

♦Nuremberg (City) external 6s.. 1952
Oriental Development 6s........1953
External deb 5 He
1958
Oslo (City) 4H> extl sink fund.. 1955

66% Sale

10H
64%

55
55
101

18$

ext a f 6s„Aug 15 1943 F

♦Porto Alegre (City of) 8a
♦Extl loan 7%s

14.000
190,000

3

6

3

1958 1M f*
1959 M S

...1952

.....

Norway 20-year

♦External

2%

5<h

1%
O

♦Extl

76,660

3X

j

♦Montevideo (City) 7s.....

External

2%

amall

Milan City (Italy) ext loan 6%s—1952 A
Minas Geraes (State of, Brazil)—

Municipal Bank

15",666
201,000
42,000
44,000

D

Hi«entlnl 4a of 1910

♦6a aeries A

48,000
102,000
135,000
90.000
150,000
218,000

...1954 J

♦Assenting 4a of 1910 larfa......

♦

♦♦Treaa 4a of *13

~2",666
265,000

D

65

Feb.

53% Feb.

100
62

53% Jan.

65

62%

RAILROAD AND INDUSTRIAL

COMPANIES.

74,000

♦{♦Abltibl Pow 8c Paper 1st 5a...1953

1

20,000
10,000

Adams Express coll tr g

M

61,000
2,000
4,000
50,000
2,000

4a__....1948

1

53 X

S

93%

4%s stamped

A

98 H 103 X
82

.........1946

112%
103%

AlaGt Sou 1st cons 5s s«r A......1943

First

cons

4s series B

.1943

57

100%

101

92%

60

Albany Ac Susq 1st guar 3Ha. ...1946
Allegheny Corp colLtr conv Is..1944
Collateral and convertible 5a..1949

r>

♦Collateral Ac convertible 5s...1950

(

Sale

♦58 stamped.....

9,000
23,000

551,000

Allls-Chalmers Mfg conv 4s...... 1952 M S

11,000
198,000
25,000
240,000
48,000

Alpine Montan Steel 7s...

...1955 M

S

M

S

Amer Ac Foreign Power deb 5a...2030
American Ice s f deb 5a
.....1953 J

D

American IG Chemical SHs
—1949 (VI N
J
Amer Internet Corp conv f%t—1949 J

Sale
Sale

90

80 X
103 X

Sale

8H
Sale

98

56 H

Sale

96

99

Sale

57
67

54% Feb. 23
94

Feb.

1

Feb.

94

Feb.

9
28

Feb.

Feb.

15
1
4

101% Feb.
76% Feb.

4

104

Feb.

23 105

Feb.

28

102% 104% 101

Feb.

1 103

Feb.

11

46

Feb.

47

Feb.

5

Sale

57

"40""

Jan.

11

93% Feb. 28
Jan.

14

99

Jan.

Jan.
95
7
94% Jan.
20 wix Feb.

26

90

52

Feb.

76% Feb.
104

Feb.

99% Jan.

4

28

77

Jan.

12

23 105

Feb.

28

31

Jan,

6
4

4

103%

86f

71

Sale

59

Sale

53

59

Feb.

1

63

Feb.

18

45

38

45

Sale

32

Sale

41% Feb.
28% Feo.

9

31%

41% Feb.
33% Feb.

10

64

33

28

26

54

Jan.

5

57

Jan.

Jan.

Jan.

18

Jan.

18
31

90

65

76

Jan.

12

59

Feb

67% Jan.

14

5

75

106" ""Feb".

Feb.

Jan.

90

70

46

57

26

49%

86

106%

82""
103%

103

103 X
95

Sale

Feb. "'4

Feb. 28

Sale

83X
108

Sale

52%
53% 52
93% Sale
93%
93
94
92%
100
101% Sale
74% 76%

66%

Sale

o

a

97
77

47
40

O

55%
Sale

98"" 112% io5~"

67

Albany Perfrated Wrap Paper 6s. 1948

.........1950
o
Allegh Ac West 1st g gu 4a
1998
Alleg Valley gen gu 4a..
.....1942 M P
Allied Stores Corp deb 4HS.....1950 A O
4H> debentures..............1951 F A

59.666

94

92

90

Adriatic Elec Co external 7a.....1952

54%

03%

D

6s with warrants assented....1948

55,000
75,000
1,000
229,000

Sale

Collateral truat 4s of 1907..... 1947

1?lH
88
Sale
Sale

101

48%
92
104

99
Sale

Sale

92% Sale

112X Sale

113% Sale

101X
101 %

Sale
Sale

101

103

109

106

51%

66% Feb.

1

4

106

Sale

85%
84%
104%

Sale

85% Feb. 23

Sale

82

Feb.

Sale

102

Feb.

95

71% Feb. 26

87

•

92

Feb.

Feb.

4

84% Feb. 28
4 104% Feb. 28

Sale

Sale

37% Jan.
28% Feb.

i

3

41 %" Feb.

9

4

35%

Jan.

11

Jan.

7

107" ""Feb". 16 105% Jan. "26

1

94% Feb. 28 100
56
Sale
56
7
47% Feb.
Feb.
92
8
95% 95
95%
103% Feb.
5 104%
104% Sale
92

9

109

85% Feb. 23
82
102

Jan.
Feb.

92% Jan. 15
Jan! 14
4 105% Jan.]
6

29

87

Feb.

11

Feb.

28

Feb.
Feb.

7

95

17

103

Jan.
Jan.

31
99
Jan.
27 104% Feb.

Feb.

2

92

Jan.

28

98% Jan.

17
22

17 113% Feb.
4 102
Feb.

3

113% Jan.

20

26

28

95

Feb. "11
94% Feb. 28 100
46
Jan. 28
58% Jan. 15

22

Amer Tel Ac Tel—

20-year sinking fund 5H*
453,000
1943 MN
3debentures..............1961 a b
547,000
3%» debentures...............1966 J D
473.000
J
20,000 ♦Am Type Found s. f. debs 2%-5s. 1950
44,000 Amer Water Wks & Elec 6s aer A. 1975 MN
297.000 Anaconda Cop Mln a f deb4H* ..1950 A O

94
104 X

Sale

Sale

Sale

100% Sale
92

103%

Sale
99

Sale

113%
101%
101%

Sale
Sale
Sale

112% Feb.
100% Feb.
100% Feb.

104
96

106
Sale

104
93

Feb.
Feb.

104%

Sale

103

Feb.

2 101% Feo.
16 106
Feb.

1

26
1

104

Feb.

92

Jan.

97

Feb.

19

4 105

Feb.

23

7

112% Jan.
100% Jan.
100% Jan.

102% Jan.

28 102

Feb.

26

28 101% Feb.
16 107
Jan.
31
97
Feb.

26

26 105

13

Jan.

10
19

AngloChllean Nitrate—

♦Sinking fund Income deb.... 1967 Jan
55,000
July 1995 Q J
8,000 Una Arbor 1st g 4a
2,000 Ark Ac Memp Bdge At Term 1st 5s. 1966 M P
353,000 Armour Ac Co 4s e f ser B (Del)—. 1955 F A
J
1st M s f 4s ser C (Del)
201,000
1957 J

For footnotes, see page 30,




28 H
35
93
86 X

31

26

30

29%

29%

27

Feb.

7

27

Feb.

7

31

42

38%

50

35

40

39% Feb.

10

41

Feb

2

39

Jan.

21

41

Feb.

93

99

96

99

98

Feb.

7

98

7

98

Feb.

7

98

Feb.

7

90

Sale

89

Feb.

93

26

88

Jan.

4

95

Jan.

10

90

Sale

3
12

Feb.
Feb.

86% Jan.

3

94% Jan.

10

88
86X Sale

91% Sale
92% Sale

89% Feb.

29% Feb. 25

93% Feb. 26

Jan.?

5
2

22

N. T. STOCK EXCHANGE—BONDS

Sales in

1*

February

BONDS

Value

Bid
Atchlnaon Topeka

448.000
36,000
896,000
15.000
54,000
9,000
599,000
24,000
10,000
48,000

Feb. 1

1938
Ask

Bid

1995

Gen g 4a

A O

.July 1 1995

No?
MN

9,000 Baldwin Loco Wka As Stpd......l940
206,000 Bait 8c Ohio 1st g 4s
July 1948
446,000
Refund Ac gen 5s set A.........1995
248,000
1st gold5s.
July 1948
476,000
Ref and gen 6s,seriesG....... 1995
110,000
PLBAfc WVaSysrefg4s
1941
249,000
Southw Dl? latSHs at 5% ....1950
40,000
Tol Cln Dl? 1st 8c ref 4s ser A..1959
282,000
Refunding 5s series D........ 2900
1,285,000
Con? g 4%a
1969
344,000
Ref Ac gen 5s series P..
1996
3,000 Bsngor Ac Aroostook RR 1st g 5s *43
16,000
Con ref mtge gold 4s.. ........1951
51,000
4s stamped...................1951
1,000 BattleCreek Ac Sturgisgu 8s....1989

252,000
61,000
27,000
43,000
26,000
6,000
45,000
10,000
3,000

Adjustment a 4i„_.

Beech Creek Ex ten 1st g 8Ha.. .1951
72,000 Bell Telephone of Pa 1st 5a B.
1948
46.000
First Ac ref 5s series G
1969
:

Belrldere Del

cons

Ask

Ask

gtd g J%a

1943

19,000 * Berlin City Electric deb 6 %a
1951
142,000
♦Deb sinking fund 6%e .......1959
42,000
♦Debenture 6s................1955

1

MX
103

102%

D

100

106%

M
J

8

D

J

111%
113

106

J
D

85
71%

M N

81%

MN

72

J

28

Sale Prices

Sale Prices

20

54%
17%

A

Sale
Sale
Sale

O

D

A O
J

Sale
78
Sale

D

MN
J

J

J

J

59%

63

M

S
A

Sale
Sale

M

S

Sale

I

J
J

Sale

104""

J

J

109

103

J

D

i8*

J

188

A O
1
J
J

Sale

101%

Sale

29% Sale

82%
74
31
Sale
55
36
88

63% Sale
Sale

31

66% Sale

34% Sale
54
56%
42

35

30%
25%
30%

29
23 »
23 %

D

FA

A O

Sale
111

Sale
42
Sale
Sale
Sale
111

110

AO

J

88%

Sale
Sale
Sale
Sale
28
Sale
Sale
92

&

F

f

88

Sale

Sale
Sale
67
32% Sale
55
Sale
Sale
42
28% Sale

110% Feb. 18
9
103
Feb.
103
Feb. 10
100
Feb. 24

100

Feb.

100

100% Feb. 18
10

101%

104

103% Sale

64

_

106

Jan.

Jan.
98% Jan. 29 103
99% Jan. 27 103% Jan.
Jan.
21 102
99% Feb.
97
Jan. 27 104% Jan.

100

2
Feb.
Feb. 16

102
110

110% Feb. 21

Feb. 19
1
Feb.
2
Feb.

80% Feb. 26
70
27
24

Feb. 18
4
Feb.
Feb. 10

53% Feb. 14
17

85

Feb. 15
Feb. 15

Feb. 19
Feb. 23
Feb. 15

89
89
73

82% Feb. 15
1
Feb.
Feb. 19
2
Feb.
Feb. 15
Feb. 25
Feb. 15

72
30
28
55
20
85

99% Feb. 18
4
62% Feb.

99% Feb. 18

4

36% Feb. 15
9
69* Feb.
38
Feb. 15
Feb. 14
60

28% Feb.
66
Feb.
31
Feb.
50
Feb.

4
4

39% Feb.
Feb.
Feb.

3
4
4

23% Feb.
28
110
103

4

Feb.

66

8

35
27

101

Feb.

108% Feb.

103% Feb. 28
Feb. 25

48

Sale

27% Feb.

1

Feb.
Feb.

1
1

Jan.

1 103% Jan.
9 112% Jan.
Jan.
29 112

Jan.
Feb.

89
83

70
76
69
26
24
17
85

88

31
60
20
85

99% Feb.
59% Jan.
28% Feb.
63

10i

Feb.

42

Feb.

34% Feb.
28% Feb.

MX
48

Feb.

Feb.
Feb.
Feb.
Feb.

1
1
14
15
15
21
1
11
25

Jan.

45

Jan.

70

38% Jan.
35

27

Feb.
Feb.

il*

23% Feb.
27% Jan.
103

22
22

Sale
Sale

20

24

28%
24%
26

30

22

Sale

22

28% Feb. 25
28% Feb. 25
26
Feb. 25

Feb.
Jan.
Feb.

Jan.

Jan.
Jan.

17

15
7
7
Feb. 15
Jan.
Jan.

Jan.
Jan.

Jan.

15
3
7
3
3

Jan.

4

Jan.
Jan.
Jan.

3
10
7

Jan.

7

7
11
Jan. 17
106
Jan.
4
108
Feb. 25
48
Jan.
7
100
2
119% Feb.
Feb. 10
128
39

26% Jan.
6
20% Jan. 25
21

5
3
14
6

Jan.

Jan.

112% Jan.

107% Jan.
103
48

4

Jan.
82% Jan.

30% Jan.
46

12

Jan.

P

Feb.
Feb.

11
14

Jan.
Jan.

53% Feb.

if
■f

Jan.

,

Jan.
Feb.

4

Jan.

97

MX
94

Jan.
Jan.
Jan.
Jan.

>

3
Feb.
35
Feb. 21 110
Feb. 16 104

50
100

9

106

"93
99% Jan.
"93%
Jan.
Feb". "3 ll9% Feb. 2 118
118% 120% 119% 120% 119
7 128
Feb. 10 126% Jan.
127% Sale 127% Sale 126% Feb.
27% Sale

Jan.

Feb. 10 101

97
89
85
71

27 110% Feb. 18

105% Feb. 28 101% Jan. 28 106% Jan.

102% Feb.

116
95

116
97

Sale

Feb.
Feb.
Feb.
Feb.
Feb.

Feb.

Sale Prices

Sale Prices

107%
99%
99%
99%
98%

Feb,
102% 101
111
108% Feb.
Feb.
110% 107

103

J

J

Sale
Sale

100
Sale

94%

M S
J

Sale

109%
107% Sale

J

J

Sale
Sale

107% Sale
100
Sale
Sale
MX 101
97
98
99
100
103% Sale
Sale
101

MN

2,000

Highest

1

Highest

Lowest

Lowest

Feb. 28

8c Santa Fe—

Stamped 4s__........July 1 1995
Con? gas of1999...
1955
Con? g 4a of 1995
1955
Con? g 4a of 1919
1969
Con? deb gold 4He
.1948
Rocky Mt dl? 1st 4a A
1965
Trana>Cont Short Lino 1st 4a gl958
Cal-Artx 1st Jc ref 4%a a or A ...1962
Atl Knox A No 1st g5a..........1946
Atl Ac Char Air Lino 1st 4Hi A.. 1944
1st 30-year 5a serB.........
1944
Atl Coast L 1st cons 4a
July 1952
General unified 4He series A..1964
10-yr coll tr 5s..
May 1 1945
L 8c N collet gold 4a
Oct.. 1952
Atlantic 8c Danrille 1st g 4s
.1948
Second 4a
...1948
Atl Gulf Ac WISS Line coll tr 5s.l959
(♦ Auburn Auto'blle con? deb 496* '39
Austin Ac NW 1st g As guar...—1941

......

RANGE SINCE JAN.

PRICES IN FEBRUARY

Price
Jan. 3

N. T. STOCK EXCHANGE

(

25

28% Feb. 25
28% Feb. 25
26
Feb. 25

Berlin Elec Ele? Ac Undgrd Rya—

11,000
61st 6%a
1956
224,000 Bethlehem Steel 4%a series D.
1960
277,000
Cons mtge 3Ms series E.......1966
1,327,000
3% 8 s f con? debs
1952
1,000 Big Sandy Ry 1st mtge 4s..
..1944
246,000 Boston Ac Maine 1st As ser AC...1967
54,000
1st mortgage 5s series I1......1955
38,000
1st g 4%a series JJ
1961
12,000 t♦Boston8c NY Air Line 1st gu 4sl955
8,000 Brooklyn City RR 1st 5s........1941
202,000 Bklyn Edison cons mtge 3% a
1966
541,000 Bklyn Manhattan Transit 4%a..l966
...

33,000
162,000
40,000
77,000
115,000
26,000
29,000

Bklyn Queens Co Ac Sub gtd 5s..1941
1st 5s stamped...............1941
Brooklyn Union El 1st 5s
1959
Brooklyn Union Gas Co 1st g 5s .1945
1st lien Ac ref 6s ser A.........1947
Debentures gold 5s
1959

1st lien 8c ret 5s series B.......1957
Brown Shoe at deb 3MS.........1950
Buffalo Gen Elec 4His ser B
..1981
Buffalo Niagara Elec 8 Ms ser C..1967
180,000 Buff Roch Ac Pitts cons 4%a
.1957
4,000 *!♦ Burl Ced Rap 8c Nor 1st 6s
1934
.

...

♦Certificates of deposit.......
(Buah Terminal Co 1st 4s...
1952

34,000
Consol 5s...
1955
4,000 (Buah Term Bldgs 1st 5s gu
1960
21,000 Calif Packing con? deb 5s......1940
Camaguey Sugar Co—
32.000
*i»t 7s ctfs of deposit
5,000 Canada Sou con gu 5s ser A

122,000
91,000
257,000
38,000
54,000
40,000
63,000
70,000
424,000
84,000
92,000
170,000
140,000
2,000
128,000
104,000
9,000

18
* 24
100 % Sale

92% Sale

A O

A O

M S

43

MN
A O
F

A

J

J

MN

MN

n*
<8*
lo£H

A

Sale

Sale

110
108

MN
MN
J

Sale

60
Sale

J

F

Sale
Sale
Sale
12
44
Sale

75

D

Sale

MN

Sale

106%

Sale

110

Sale

J

D

8%
7%

O

A O

.

J

F

J
F

Sale

M S

113%

J

J

J

J

Sale
Sale
Sale

M S

J

J

Sale
Sale
72

i

101%

J

108

J

90

MN

F

A

75

1948
(♦Cent of Ga Ry 1st g 5s
No?. 1945
34", 000 ♦Consol gold 5s.. ............1945
♦Ref At gen 5%a series B......1959
7,000
♦Ref Ac gen 5s series C........1959
22.000
♦Chat Dl? pur money g 4s....1951

I

D

F

A

Sale
65

61",000
>

1,000

170,000
575,000

12%

O

7%
Sale

55
106
98
107

"l'ooo

Guar 5s

♦♦Can RR At Bkg of Ga col tr As.1937
5s extended to May 11942.........

"l'ooo

2d con gold 4s.............1989
Warm 8prlnga Valley 1st g 5s .1941

For footnotes, see page 30.




Sale

"Bf

31

Sale

25

29

9 103
Feb.
Feb. 25 69

97% Sale
104

71
MN

MN

J

109]
1075

Sale
Sale

Sale
108

45

41
12
44

Feb.
2
Feb.
8
Feb. 16
Feb.
1

Feb. 10
Jan.
3
Jan. 15
Jan. 15

36% Feb. 15
8% Feb. 14

3
78% Jan.
17 108% Jan.
28 106% Jan.
Jan.
25
73
26 95% Jan.

Feb.

Sale

118% Feb.

Sale

117

M
'SB

Feb.

Sale

114% Feb.
115% 113% Feb.
Sale
Sale

123% Feb.
83% Feb.

17
10% Feb.
9 105% Feb.
1

9
Feb.
8
1 104% Feb.
114% Feb. 17 113% Jan.

1 117%
1

120%

2 120%
8 118

7 115%
2

115%

24 125
16

Feb. 28 115%
Feb. 23 118%
Feb. 28 118%
Feb. 17 116%
Feb. 16 113%
Feb. 14 113%
Feb.

7

88% Feb.

1

123%
83%

114% Feb. 28

100%
112%

101% 100% Feb. 15 101% Feb. 23
Sale

113

Feb.

5

17

92

92
73

10
5

Sale
25
63

3.4%

75
26
63

22

25

11

12*

10% Feb.

m

7

6

9

5%

6

19
12
13
17
28
23
28
17
16
14
15
18
24
28
12
14
18
12

114%

Sale
Sale

91% Sale
101%

"62%
61
116

Sale

86%
120

58% Sale
Sale

il*

70% Feb. 10
Feb.

4

73
26

Feb.
1
Feb. 25

Jan.

Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Jan.
Feb.
Feb.

4

120% Feb.

4

120% Feb.

29 118
15 115%
27 115%
27 125%
16
89
15
103%
22 114%

Jan.

17

70% Feb. 10
5

Feb.
Feb.
Feb.
Jan.
Jan.
Jan.

Feb.
Jan.
Jan.

Feb.
Jan.
Jan.

17
6

76% Jan.

21

Feb.

Feb. 25
Jan. 25

Jan.

50
10

Jan. 25

26
50

Jan.

12% Jan.

3

12

Feb. 17
4
Feb.

7
7

15
Feb. 17
Feb. 23

10

Feb. 23

10

Feb. 23

10

3

102
63

4

Jan.

56

20

7
6

Feb.

Jan.
Feb.

Jan. 28 117% Feb.

13

Feb. 17
7% Jan. 12

5% Jan.

7

5% Jan.

23

106%
60
68% "75"
107
105%
98% Sale
MX
107
104 Ji
38
51
35%
25% 39%
29

53

8
15
4

Jan.

9 109

29

Jan.
Jan.
Jan.

13% Jan.

15 104
102% 100% Feb. 15 102% Feb. 25 100%
Sale
Sale
18 99
94% Feb. 18 96% Feb. 10
94%
55
45
4?% 47% Feb. 18 47% Feb. 18 47% Feb. 18 47%
10 100% Feb.
Sale
100
98% Feb. 10 101%
98% Feb.
1
Feb. 10
101% 100% 101
99% Feb. 17 102
99% Feb. 17 108
89
86
86
7 89
89
81
Jan. 11
Feb. 17
82% Feb.
82%
Sale

l\x
25

19
14

17
8
20
Feb. 18
6 107
7 111% Jan. 18
106% Jan. 18 106% Jan. 18
Jan. 10
30% Jan. 19 44
Jan. 15
9
10
8% Feb.
102
66

85
Jan. 11 85%
3 42
37
Jan.
3 39% Feb. 11
Feb. 28
Feb. 14 50
43% Feb. 14 61
4 104%
Feb.
5 104% Feb. 14 103% Jan.

Sale

113%

106

Sale"

40

45% Feb. 11

Feb.

Sale

Sale

M
115
75

I62"" Feb".

18 107

Feb.

Feb. 23
Feb.
Jan.

10

112
70

108% 107% Feb. 24 107% Feb. 24 107% Feb.
2
Sale
97
Jan.
99
Feb. 24
97% Feb.
105% Feb. 16 107% Feb. 24 105% Feb.
"65""
35
Jan.
Sale
29
Feb.
29
Feb.
32% Feb.
26
1
30
27
Jan.
29
Feb.
29
Feb.
2 105% Feb.
105% Sale 102% Feb.
102% Jan.
86
Jan.
88% Sale
88% Feb. 28 93% Feb.

SB*
li*
29
105%

Feb. 23
10
11
17
Jan. 24
Feb. 24
Jan. 13
Jan.
Jan.
Jan.

Jan.
Feb.

12
1

Feb. 24

97% Jan. i3

99

65

Sale

62

87

62% Feb.
64

Feb.

116% Sale

116% Feb.
57% Feb.
104% 104% Feb.
104% 105
104% Feb.
67
104

Sale

105% Sale
120
Sale
117
118% Sale
96
Sale
93% Sale
93%
96%
92%
96
96% 93%
109% 105% 108
106

Feb.

113%

Feb.

115

3

Sale

9

Jan. 21
Feb. 11
Jan.
4

Feb.

Feb.
Feb.

1

65% Feb. 26

16
64
Feb. 16
15 116% Feb. 15
3
67
Feb. 28
23 106
1
Feb.
25 105% Feb.
1
8 120
Feb. 28
3
97
Feb. 17
3
97
Feb. 17
18 106
Feb. 18

59% Jan. 27
64

Feb.

74%
64

116% Feb.
56

Jan.

104% Feb.
104% Feb.
117

Jan.

90% Jan.

91% Jan.
106

Feb.

67
106
106'
121
97
97
106

Jan."15
Feb.
Feb.

16
15

Feb. 28

24
19
6
17
Feb. 17
Feb. 18
Jan.

Jan.

Jan.
Feb.

106

3

Sale
93
90
123

Feb. 26
Feb.
9

113% Feb.
115% Feb.
118% Feb.

103

1941
MN 116
5,000 Central Steel 1st sink fund 8s
593
124,000 Certafn-teed Prod s f g 5Ms A...1948 Mf 8
29,000 Champion Pap Ac Fibre deb 4 Ms. 1950 M S 105 J
77,000 Ches At Ohio 1st cons g 5s.......1939 MN 105 J
General gold 4M>...
1992 M S 119J
71,000
Ref At lmpt mtgo 3M* ser D....1996 MN
95!
178,000
Ref At lmpt mtf*e 3%a ser E....1996 F A
95%
101,000
Craig Valley 1st g 5s
J 106%
..May 1940
1,000

Potts Creek Br 1st 4s.........1946
R At A Dl? 1st con g 4s........ 1989

102
66

Sale

9%

107*

32

104% Feb. 21 102% Jan. 28 104% Feb. 21
Jan. 13
57
Feb. 17
48% Jan.
3 61

Feb.

101% 104% Feb.

1143%

"8%

42%

I960

Sale

9

14

"69ji

34% Jan. 19
35'" Jan. 18

9

23
13
28

103%

Through St L 1st gu g 4s.....1954

374",000

Feb. 11
Feb. 25
Feb. 23

74% Jan.
106% Jan.
Jan.
Sale
Feb.
66
Sale
91
90% Feb.
90% Feb. 26 93% Feb.
3
4 107
107
106
Feb. 18 105% Jan.
105% Feb.
1 110% Feb. 24 110
Jan.
Feb.
110% 110% 110
102

25

General 4s...
........1987
Central N Y Power 3% 8
1962
Cent Pac 1st ref gu g 4s........1949

51

Feb. 10

Feb. 25
Jan. 14
Jan. 10
Feb. 28
Feb. 24

60

23
15
28

Illinois Light 3%a
1966
(♦Central New Eng 1st guar 4S..1961
Central of N J gen g 5s.........1989

45
40
10
43

103% Feb.

Sale
119%
119% 120%
117% 117%
Sale
115%
Sale
114%
124% 124%
Sale
84%

69%

MN

85,000
53,000 Central

40

Feb.
Feb.
Feb.
Feb.

45% Feb. 11

Feb.
Feb.

Sale

113%

J

General mtge 5s...
1941
Cent Hudson G & E 1st Ac ref 3%a *65
Cent 111 Elec At Gas 1st As....
1951

9

Sale
10

Sale

116%

A

♦Macon Ac Nor Dl? 1st g 5s
1946
♦Middle Ga Ac Atl Dl? pur m 5s_ 1947
♦Mobile Dl? 1st 4 5s.
1946
Central Foundry 1st mtge 6s.... 1941

16
58

104% Sale
53% Sale

13 %
Sale

Sale
Sale
119
119

A

10
41

3 24%
8 102 %
1 95%
4 88%

40% Feb.
42% Feb.
37% Feb.

.....

J

A O

112

Carriers Ac Gen Corp deb 5s w w.1950
Carthage Ac Adlr 1st gu g 4s
1981

Sale

iiH m

94% Feb.

30% Sale
30%
8%
9%
8%
7%
9
85
84
37
"35% 38% 37% Sale
54
50
Sale
43%
104% 103%
103% 104% 104
32

MN

J

Sale

25 22% Feb. 3 24%
3 103%
26 100% Jan.
3 95%
18 92% Jan.
Jan. 27 88%
84% Feb.
28 84
107% Feb. 24107% Feb. 24 107% Feb. 24 107%
22% Feb.

101 % Feb.

105%

1947

"9",000

108
Sale
69
93% Sale

102

110%

J

43

60

A

J

88%

29%
Sale
Sale

Feb. 21 77
78%
75% 78% 75
106% 106% Feb. 18 108
107% Sale 106

A

A

94%

44%
77

F

D

15,666

10
45
Sale

F

J

1,000

47%
Sale

44%

MN
J

20

102%
107%

A O

Collateral trust 4%a
...I960
(♦Carolina Central 1st gu g 4s.. 1949
Caro Clinch 8c Ohio 1st 5s.
1938
1st Ae con g 6s series A.Dec 15 1952

Sale

108

10

Canadian Pac 4% deb stock....
Collateral trust gold 4%a
1946
5s equip trust ctfs
1944
Collateral trust g 5a..........1954

42,000 Celotex Corp deb 4%a w w
10,000 ♦Cent Br Un Pac 1st g 4s

1.02% Sale
94% Sale
86%

D

J

1942 A O

1962
Canadian Nat Jold 4Ms....
1957
Guaranteed gold 5s
July 1969
Guaranteed g 5s
Oct 1969
Guaranteed g 5s
1970
Guar gold 4%a
June 15 1955
Guar g 434s
..1956
Guar g 4%a
1951
Canadian Northern guar 6%a
1946

.

J

A O

J

M 8

a
107%

113
114

107% -J—

8 113

Feb.

8

112% Jan.

26 115

Jan.

11

March, 1938]
Sales in

N. Y. STOCK
Price

$
40,000

360,000
184,000
657,000
226,000
334,000

1938

Feb. 1

Feb. 28

Sale
Sale

Sale

Illinois Division 4s............1949
General 4s.......
1958

j

j

m 8

Sale

1st Ac ref 454s sorlos b.........1977
1st Ac rof 5s sorlos a..........1971

f

a

Sale

f

a

Sale Prices
21
Feb. 21

Sale

j

1949
1949

.....

j'900

j

j

j

mn

j

j

18,000
38,000
45,000

638,000

20,000
182,000
25,000
143,000
88,000
78,000
14,000
123,000

j

26
26

j
a

a o
mn

♦Stpd non payt Fed Inc tax. 1987
•Stpd gen 454* non-pay Inc taxl987
•Gen 5s stpd non pay Inc tax.1987
•General 4
s stamped........1987
'•15-year secured 654a— .....1934
•1st At ref g 5s...
...May 3937
'1st at ref 4kb stamped
May 3937
'1st Ac ref 4 k*ser g. ......May3937
♦Conv 4h* series a
..1949

mn

mn
mn
m

8

j

d

j

d

j

d

mn

f

a

j

j

112
Sale
37

ao

ii*s
if

n

.1951

j

d

.Jane 151951

i

d

4,000
Memphis DIv 1st 4s...........1951
1960
35,000 Chic t h Ac s'eest lot Ac ref 5s
Income guar 5s........Dec 1 i960
23,000

j

30
41

1154 Sale
354

W

Sale
Sale

Sale

18
Sale

"16""
17
16
18

1854
Sale
Sale

23*

a1?**
Sale

Sale
1054 21
1054 Sale
Sale
10
Sale
6

Sale
47
854 Sale
Sale
7

d

•Convertible gold 454*——1*4*

{•Choc Old Ac Gulf consol Ss

1952

314*—1966
3Mis.................1967

Cine Gas Ac Elec 1st mtge
1st mtge

20
Sale

1154
Sale

16

15

Feb. 25

Feb.

8

12

Feb.

Feb.

m 8

854 Sale
654 Sale
fl454 s >e
4h

50
18

7254

5454 Sale

10754

109
109

Sale

m s

10454 105

j

j

m
a

o

mn

a

f

d

Feb. 25

7

754 Feb.

23

100
92

f?
103
105

2854
3454
3354
3454

32
32

Feb.
Feb.

13

1054 Feb.

454 Feb. 23
7
1654 Feb.
1754 Feb. 2

354 Feb.
15

Feb.

1554
1554
1554
1754

Feb.
Feb.
Feb.
Feb.

22

19

Feb. 18

17

Feb.

7

4354 Feb.
17
Feb.
15 54 Feb.

Sale
8

7854 Feb.
754 Feb.

4

Feb.

2

22)4 Feb.

1

1154 Feb. 15
1154 Feb. 14
1154 Feb. 14
654 Feb. 23

8
7

8

Feb.

Sale"

754 Feb.
454 Feb.

4
1

8354

Sale
Sale

Sale
58

3454
Sale

107

5554
48

7854
59
Sale

106

10654
10854 Sale
10554 Sale
10254 Sale
88

Sale

80
57

Sale

Feb.

Jan.

15

Jan.

22

1454 Jan. 31
15 k Jan. 26
4
1554 Feb.
17
Jan.
3
1654 Jan. 25
18
Jan.
3

1054 Feb. 25

Jan.

28

4354 Feb.
1554 Feb.

8
7
7

17
8

654
754
654
454

Feb.

4
Jan.
3
Jan.
Jan. 26
Jan.
6
Jan.

5
3
3
3
3
11
12
3

Feb. 23

Feb. 25

Feb.

10
12
7
15

Jan.

17

Jan.
Jan.
Jan.

14
15
17
14
8
1354 Jan.
454 Jan. 12
Jan. 13
18
1854 Jan. 13
Jan. 13
Jan.
8
22
Feb.
2
18
Jan. 18
22
Feb.
1
Jan.

Jan.

Jan.
Feb.

It ft

1054 Jan. 28
3
354 Jan.

12

Feb. 25
Feb.
8

15
12

8

5

554 Feb. 23

Jan.

Jan.
Jan.
Jan.

5
1454
3
754
6
754
85
Jan. 18 8554
112
Feb. 15 112
2654 Jan. 31
25
Jan. 28 30
3
36
2854 Jan.
5
2854 Jan.
5
28
Jan.

29
3

19

8
Sale

12

Jan.
Jan.

1054 Jan.
554 Jan.
554 Jan.

Jan.
Jan.

1

Sale

1254 Jan. 21

10
10

7
3

Sale

27 109
9354 Jan. 27 105
Jan. 28 109
Jan. 28 90
Jan. 27
17
Jan. 26 16
Jan. 20 108
Jan.
6 2254

Feb.
4
Feb. 11
Feb.
9
Feb. 10
Feb. 10

Feb.

57

Sale

754

Sale Prices
Jan.
8

26 j

Jan.

4454 Feb. 14
1854 Feb. 21

3
2

5

Feb. 25

1054 Feb.

1054 Feb. 25
10

Feb. 15
Feb. 23
Feb. 14
Feb. 16
Feb. 11
Feb. 14
Feb. 23

99

P
12

Jan.

115
115
7

Jan.
Jan,

Jan.

51
Jan.
1954 Jan.
1854 Jan.
954 Jan.
854 Jan.
10
Jan.
854 Jan.
554 Jan.

12
12
12
11

18
10
13
8

8
12
8

10

7854
86

66""

105

o

8

1454 Feb. 25

112
32

3154 Feb.

HP*

Sale

"854

80"

j

a
j

2

Feb.
Feb.
Feb.

27
27

Sale

Sale

64
5754 Sale
4754 Sale

105

Sale

86

Sale

6654 Sale

mn

10154

102

10754 10754

108

mn

108

10854 Sale
Sale

106

86

3

7854 Feb.

Jan.

3

58

3

7854 Feb.
5454 Feb.

16' 67

4
3
7

47

48

1

44

Jan.

19

3

105

Feb.

105

80

Feb.

8

Feb.

Feb.
Feb.

10654 Feb.
10854 Feb.

Feb.
Feb.
Feb.

10854 Feb.
10354
9154
8854
6854

Feb.
Feb,

5654 Feb.

Feb.
Feb.
Feb.
Feb.

87
80
56
14

110

Feb.
Feb.
Jan.
Jan,

Jan.

3

10954 Jan.
10554 Jan.

13

100

Jan.

13

3

5
9254 Jan.
6854 Feb. 15
14

10254 Jan.
107

Jan.
5454 Jan.

10754 Jan. 28

10854 Jan.
10554 Jan.
10254 Feb.

iftb

m n

4

7854 Feb.

37
1254
3454
Sale
10354 Sale
10354 Feb. 1 10454 Feb. 25
10654 108
10754 10854 10754 Feb. 23 10854 Feb. 25

1943

Jan.

7854 Feb.
3
5454 Feb. 16

10854 10954 10854
108
Sale
10554
10354 Sale 10254
87
8854 Sale

5s series c guar
1957
1st mtge guar 354b series d....1971
Clearfield at Mahoe 1st gtd g 5s.. 1943
CCCatStLgeng4s
1993
General 5s series b__—.......1993

Cln Leb at n 1st con gu g 4s

Feb.

1054 Feb.

10*

Sale

50

ity'

19
Sale

Sale

88

d

i

ywo
37,000

7554 Feb. 16
22)4 Feb. 23

112

3354
3354
3454

16

•'Sec. gold 4k« series a
1952
•Certificates of deposit.........

1st mtge 354* series b.........1963
149,000
354 a guaranteed
.........1951
80,000
365,000 Chicago At Western Indiana 4s..1952
1st & ref mtge 4)4* 8er d
1962
151,000
1943
119,000 c'hllds Co deb 6s

4

6

2954
3954

mn

Chicago Union StationGuaranteed 4s...............1944
11,000
1st mtge 4s series d...........1963
47,000

Feb. 28
Feb.

1454 Feb. 25
654 Feb. 17

2854 Sale

mn

Chic s l Ac n o gold 5s
Gold 3

1654 Feb. 23

4

86

27
2054

1987

•{♦Chicago Rye 1st 5s stamped
Feb 11937 25% part paid
1937
{♦Chic ri At Pacific gen g 4s
1988
•Certificates of deposit.....
••Refunding gold 4s..........1934
•Certificates of deposit.....

Feb. 15

8

j

11989
11989
662,000 {♦Chic Mil St pac Pac mtgeis serAl975
♦Conv adj 5s......
770,000
JTanl 3949
68,000 {♦Chic & No West genius
1987

70,666

1754 Feb. 23

18

1054
20
1054
1054 37
554 Sale

j

•Gen g 4^o series r....May
•Gen 4ms series p......May

.....

90

3

73

80
Sale

d

♦General 4s

4

o

j

1949

250,000
56,000
2,000
165,000

/Feb.

1454 Feb.

20

j

174,000 •Chic Mil Ac St p gen g 4s set a—198*
•Gen g 354* series b
45,000
May 11989
•Gen 454s series c......May 11989
45,000
8,000
3,000

4 103

90

12

Sale

j

Feb.
Feb.

9954 Feb.

9054
Sale

Sale

m s

2,000 {•Chic Indlanap Ac Loulsv rf g 4sl947
1,000
•Refunding gold 5s ser b
1947
1.000
•Refunding 4s sorlos g........1947
'1st Ac general 5s series a..—.1944
16,000
•1st Ac gen 4s series b
18,000
Map 1944
Chic Indiana Ac Sou 54-jrr 4s ...1954
Chic l s At Bast 1st 4 ms

Feb.
4' 107
Feb. 15
Feb. 24
9854 Feb.

103
95

15
mn

Sale Prices
21
Feb. 21

Sale Prices

2354 Feb.

14

Sale
Sale

Highest

Jan.
9954 Jan. 27 107]
10154 Feb. 4 10354 Feb. 15
10254 Jan. 26 11154 Jan.
10554 Feb. 19, 10754 Feb.

Sale
Sale
Sale
Sale

Sale

a o
mn

..

Lowest

Highest

Lowest

Ask

Ask
a o

j

Chic & Alt rr ref g 3a
Chic Burl Ac o iii Dlv >»!..

141,000 {•Chic

~2~66o

1

Jan. 3

•{♦Chic Ac b 111 1st cons ft 4s.
...1934
Ac k 111 Ry (now co) g 5s —1951
'Certificates of deposit.......
29,000
9,000 Chic Ac Brio 1st gold 5s
1983
665,000 {•Chic Gt Western lot 59-jr 4s... 1959
,

RANGE SINCE JAN.

PRICES IN FEBRUARY

BONDS
m. 7. stock exchange

February
h Value

23

EXCHANGE—BONDS

Jan.

5

10454 Feb. 25
10854 Feb. 25

Jan.

102

Cincinnati Union Terminal—

50,000
118,000

52,066

68,666

1st mtge g

j

j

d
d

J

j

13,000

Ref at lmpt 4 hs series b. ...... 1977
Cairo Dlv 1st gold 4s. .........1939

1991

St Louis Dlv 1st coll trust g 4s.1999

mn

73j
102!

J

~6~,66o

Cln w At m DIv 1st g 4s

j

j

1949 m

Spring Ac Col Dlv 1st g 4s
w w Vol Dlv 1st g 4s

1944

25,000 Cleve-CUffs Iron 1st mtge 454«—1950
18,000 Cleve Elec Ilium 1st m 3 jis
1965
Clev Ac Pitts gen gu 4Hs ser b..1942
Series b gu 35*8——
.....1942
Series a gu 4Ms——.......1942
6,060 Series c gu 3548——.........1948
44,600 Series d gu 354s
1950
General 414s aeries a....—..1977
•_
Gen Ac ref. mtee 4us series b.. 1981
18,000 Clev Short Line 1st gu 4Ms......1961
166,000 Clev Union Term 1st gu 554* a..1972
192,600
1st s f g 5s series b guar
1973
165,000
!•* • f 4ms series c
—.—1977
Coal Riv Ry 1st gu 4s
—..1945
....

Sale

10054
9054 Sale

j

8

j

a o

a o

110
10454

10954
10554 108

a

105

f

a

j

j

10654
10554
10454 106
10554 107
10154 104

a

o

o

a

o

a

o

j

d

36,000 Colo Fuel Ac Iron Co gen s f 5s..1943 f a
32,000
'5s Income mtge.......—.....1970 a
53,000 Colorado Ac Southern 454s ser a.1980 m n
173,006 Columbia Gas Ac Elec deb 5s.... 1952 mn
7,600
Debenture 5s ........Apr 15 1952 a o
136,606
Debenture 6s
...Jan 15 1961
Columbia Ac Hock Val 1st ext g 4s *48 a o

91

10954
9954
59

236,666
2k* debentures...........—1942
78,006 Commercial Invest Tr deb 354*~1951

107

105

296,060
50,060

1st
1st
1st
1st
1st
1st

mtge g 5s series a
mtge g 5s series b
mtge g 4)4* series c

.

mtge g 454« series d
mtge g 4s series f
mtge 354« series h

1956
1957
1981
1965

101

J

11254
11254
11254
11254
10854
10554

j
s

Conn Ac Passum Rlvs 1st g 4s
1943
2,000 Conn Ry At Lt 1st g 4ms
.1951
3,660
8tamped guar 454*...........1951
53,600 Conn River Power s f 314* a.....1961
270,000 Consol Edison (n y) deb 3)4*—1946
217,066
3h* debentures..............1956
Consol Hydro-Elec Works of Upper
13,000
'Wuerttemberg 1st 7s.........1956 j
67,000 Consol Gas Co deb 4 ms
1951 j
686,006 Consolidated oh conv deb 3h*—1951 j
16,666 {'Consolidated Ry deb 4s...—.1954 j
22,000
'Debenture 4s...........jatj 1955 j
'Debenture 4s..—.......aaco 1955

5,000

a

78

Feb~.2§

101

Feb.

8754 Feb.
8154 Feb.
75

Sale

9554 Sale
9954 Sale

10954

78 54 "Feb. 18

106

Sale

60
41

9854 Sale

10054 Sale
10354 Sale

10054 Sale
10454 Sale

113

113

11354
10854

Sale
Sale
101

106

101

10754
10654 10754
10554 Sale
10354 Sale
103
10354

89
84

j

Feb.

Feb.
Feb.

14

65

Feb.

2

8

95

4

92

Feb. 23
Feb. 23

8554 Feb.

8

93

Feb.

24

Feb.
Feb.
Feb.
Feb.
Feb.

3

d

10654 Sale

d

97
16
16

j
j

o

97

1654

20
107

Sale
215

100

295

11

—

11

Feb.
Feb.

10054 Feb.
10354 Feb.

100

Feb. 24 11354 Feb.
Feb. 10 11254 Feb.
8 112
Feb.
Feb.

Feb.
Feb.
Feb.

2

106

60
39

Jan.
Jan.
Jan.

8854 Feb.

8

Feb.

4

90

11154 Feb. 14

10954 Feb.
Jan.

9554 Jan.

9954 Jan.
102

Jan.

3

Feb. 16
Feb. 26

Feb. 25
Feb. 16
Feb. 15

1

2

10

99
98

14
18
15

Jan.
Jan.

10954 Feb.
Jan.

28

3
12

4

9854 Feb. 28
3 10054 Feb. 28
4 10454 Feb. 28

Feb. 24
Feb.

11054 Feb.

4

Feb.

29 108

11354 Feb.

10 113
8 112

Jan.

4
28

Feb.

2

11054 Jan. 27 11154 Feb. 14
10554 Jan.
104

Jan.

28 108
Feb. 28
28 10654 Feb. 25
12 101
Jan. 12

10054 Jan.
Feb. 19 10751 Feb. 19, 10754 Feb. 19
5
Feb. 17 10751 Feb. 17 10754 Jan.
1 10651 Feb. 28 105
Jan. 26
Feb.
Feb. 26 10551 Feb.
2 10354 Jan.
5
Feb. 11 10351 Feb.
3 10154 Jan. 28

26
2054 Feb. 11 2154
4 107
Sale
10654 Feb.
1 10054
97
Feb.
Sale
9
15
Feb.
16
1654
8
15
Feb.
1654
1654

65

4

4754 Jan.

8
8554 Feb.
9654 Jan.
11254 Jan. 28 11254 Jan.

112

2 108
Feb. 28
2 10654 Feb. 25

Jan.
Jan.
Jan.
Jan.

4 10154 Feb.

7
19

112

2

20

7
4
4
12

23 106
28
28
28

Jan.

11154 Feb. 17

Feb. 18 10454
Jan. 27 10554
29 10254
Jan. 28 9254

72

Feb.

10954
10754
9854
10054
10454

Jan.

25

100

90

10854
10754
10754 10754 15754 10754
Sale
10654 10654 10554
105
Sale
10454 Sale 104
10254 Sale 10254 Sale 102
26

3

7854 Feb. 18

7954 Jan.

8854 Feb.

107
107!

17

7354 Jan.
10254 Jan.

Jan.
10654 Jan. 26 108
10654 Feb. 14 108
Jan.
10654 Jan. 25 10654 Jan.
101
82

Feb.
Feb.

4454 Feb. 10

11254 Sale 112
11254 11254 112
1U54 11154 11054
112
111
11054
10754 Sale
10554
10554 10654 104
9q

9054 Jan.

28
Feb. 25

11054 Feb.

4

10754 10754 106

9754 Sale

114

Feb.

27

78" "Feb" 23

105

18 10154 Feb.
3
96
Feb.

10954 Feb.

10754
10754
10654
10554
10354

Beb.

19
17
Feb. 28
Feb.
2

Feb.

Jan.

3

2054 Feb. 11 2154 Jan.
4 10754 Jan.
10654 Feb.
96k Jan. 28 10054 Feb.
15
Feb.
9
1754 Jan.
8
15
Feb.
16k Jan.

10
3

25
17
13

1654

'Debenture 4s...._...........1956 j

j

16

18

12

18

J

J

5054

5754

45

Sale

37,600 'Consolidation Goal s f 5s.......1960

8254 Feb.

10654 10654 Feb.
10654 Feb.
10654 Feb. 14 10654 Feb. 14

Sale
105
Sale

114

m

§554
82

64

102

j

Jan.

1

112

109
107

109

26 10854 Jan.

104
99

Sale

9054

J

o

Jan.

56
101

Sale

Sale

j

d

78

7954 Feb.

10054 10054 Feb. 24 10154 Feb.

Sale

d

a

2

68
Feb. 15
6154 Feb.
10154 Feb. 25 10154 Feb. 23

Sale

60

j

1953
1954

86
Sale

Sale

Sale

a

10754 Jan.
10454 Jan.

10754

Sale

10254

4454 Sale

St*

Feb.

10754 Feb. 14

105

Commonwealth Edison co—

41,000
45,000
12,000
21,000

104

10654

165"

f

1,000 Columbus at Toledo 1st ext 4s...1955
161,600 Columbus Ry Pow Ac Lt 4s......*965 mn
183,666 Commercial Credit deb 3)4*——1951 a o

"78"

10454 100

10654 Sale

108

109

10754 Feb.
10554 Feb.

10554 Sale 10554 Sale 10554 Feb. 28 10554 Feb.
10954 11054 11154 11154 11054 Feb.
' 11154 Feb.

_____

a

8154

W*
66

99

10454
11054 Sale

Sale

10154 102

"§554
80

100

f

Sale

9254 10754
6154 Sale

100

mn

j

'7954

Sale

104

10054

MU
ab J4

10154

j

mn

j

.....

Sale
Sale

106

1554 Feb.
45

9

Feb. 28

1554 Feb.
5054 Feb.

1554 Feb.
45

Feb.

9

1554 Feb.
54

Jan.

9
13

4 107

Jan.

12

28

Consumers Power Co—

51,000

mn

55,666

mn

125,000
80,000

mn

1st lien Ac unlf mtge 3 ms.—1965
1st lien Ac unlf mtge 3hs......1965
1st mtge 354«
1970
1st mtge 3)48
-.1966
17,660 Container Corp of Am 1st • f g 6s.1946
13,000
Deb gold 5s
1943
^Copenhagen Telep extl s f g 5s. 1954
23,000 Crane Co s f deb 354*
...1951
43,0001Crown Cork At Seal s f 4a
1950

36,060JCiown Willamette Pap 1st s t g 6s 1951

mn

10654 Sale
10354 Sale
10154 Sale

98h

100
105

86

'8854

j

d

j

d

f

A

10054 101

v

a

mn

100
106

j

10354 104"

j

10654
10454
10354
9954 10154

Sale
89

102

8754

Sale
10554 Feb.
109
10254 Feb.
10354 10154 Feb.
Sale
9954 Feb.
Sale

89

102

4 107
Feb.
9 10454 Feb.

10254 Jan.

5 10354 Feb.
3 10154 Feb.

10154 Jan.
9954 Jan.

Feb. 25 10454 Feb.
89
Feb.

8454 Feb. 15

10054

Sale

For footnotes, see page 30.




Sale
Sale
Sale

V

Feb.

Sale

102

Sale

Sale
106

105!
104]

Sale
10554 Feb.
Feb.
10454 104

101

102
106

Feb.
Feb.

10454 Feb.

10554 Feb.

11 10454 Feb. 25

31 10354 Feb. 23
27 10154 Feb. 23
102
Feb. 25 10554 Jan. 13
Jan. 14
8454 Feb. 15 91
I009u Jan. 10 lOO'htJan. 11
6 102
Jan. 20
9954 Jan.
10554 Feb. 10 10654 Jan. 26
4 10454 Jan. 19
10354 Jan.

24

n. t. stock

exchange-bonds
=

■

Sales in

bonds

February
Value

STOCK EXCHANGE

si

171,000 Cuba Northern Rja lat 5%«
1942
170,000 Cuba RR lit 89'jr g 5i
........1952
65,000
7%s aerlea A extended to.....1946
6a aerlea B extended to.......1946
20.000

D

36%

J

42

40

D

37

49 %
46

......

....

.......

Detroit Edison

42,000
39,000
70,000
45,000

204"666

106% Sale
103
104 %
106 %
106
107 %
107 %
Sale

12

15

5%
5%

7

8%

9%

3%
8%

4%
40

7

112% 113 %
108 % 109
Gen Be ret mtge 4a aerlea P.....1965 AO 109% Sale
Gen & ret mtge 3%s aerlea G..1966 M S 105
105 %
D
♦Detroit Ac Rack lat lleng 4a.... 1995
70
38

Raatern Ry M No Dlv lat g 4a..... 1948 A O
Eastern Tenn Va AC Ga 1st g 5s
195t> MN
..

..1939 J
.1995 3

Ed El 111 Bkn lat con g 4a
Ed El 111 N Y lat cona g Aa

Electric Auto Lite

conv

deb 4a... 1952 F

J
3
A

...1941 M N

Elgin Jol Ac Eaat lat g 5a
EI Paso Nat Gaa

4%e aerlea A....1951 3 D

55
38
108 % 110
Sale
103

2o"65o

12% Sale
13%

2%

4%
80

108

7%

15
Sale
7
Sale

6

10

3% Sale
10

Feb.

54% Feb.

Sale Prices
43
Feb.
9

5
4
4
27

Jan.

47

5

54% Feb.
58% Feb.

9
3

52

MX
108

106% Feb.
107% Jan.
11% Jan.

14% Feb.
5% Feb.

Feb. 14
Feb. 15
Feb. 17
Feb. 25
Feb. 17

16
8

Feb.

7]
103

8% Feb.
3% Feb. 28
Feb. 24

103
106

Feb.
Feb

9

28

1

103% Feb. 28
107% Feb. 23
108% Jan. 19

Jan.
Jan.

108%

Jan.

15
16

Feb.

5% Feb.

8

24
14

Feb.

Jan.

13

15

Feb.

17

Feb.

Feb.

8% Feb.

10% Feb.

25
17

5

3% Feb. 25

3

Feb. 24

42

42

8

7

Feb.

107% Jan.

105% Feb.

9

107% Feb. 14

107% Feb.
15

42

41
45

106% Jan.

Feb.

5

40

Feb. 28
103% Feb. 28
107% Feb. 23
108

107% Feb.
12

Jan.
Jan.
Jan.
Jan.

36

9

107% Feb. 15

Highest

|

Sale Prices

8
7

52

108"" 106% FeD.

14K Sale

15

5%
7%
5% Sale
8%
9

17

m

3
3

a

1942 M

f 5a

Jan.
Feb.

7
24

3% Feb. 25
42

131%
98% Sale
109
110
103
Sale

-----

28,000

1st lien a f 6s stamped........1942
2,000
36-year deb 6s series B..
1954
10,000 Flat deb a f 7a.
1944
{♦Fla Cent Be Peninsular 5a
1943
15",600 t*Fla Eaat Coast lat 4%i
1959
♦1st At ref Aa aer A
1974
84,000
♦Certificates of depoalt
4,000
♦{♦Fonda Johna Be Glov ref 4%e.l952
....

M

♦Certificates of deposit.......

1941

—

f

Sale

To*

S

3

D

3

3

D

1947 J
1945 J

J

3

..1946 3 D
1948 MN

Sale

62

22%
22%
90
Sale

Sale

15%
15% Sale

Sale

62

58

11*

99
60

94%

101
86

95%
60

57%
60
6% Sale
6
Sale

17%

1%

2%
104

——

166"

96%
95
60

94%
40%
45

100

82
95
60

58

98% 100

106

Feb.

24

Feb.

2

2
4%
104
104

65

90

Feb"
Feb.

Feb.

106

50% Feb.
25% Feb.
20
Feb.
21% Feb.

1 103%

Feb. 16

7

Feb.
Feb.
Feb.
Feb.

4
5
14

102% Jan.
21% Jan.
Jan.

37

5

Jan.

5

Feb. 23
Jan.

29

55%
30%
22%
23%

Jan.

109

3
3

21%
21%
15%
15%

Feb.
Jan.
Feb.
Feb.

36% Jan.
21% Jan.

2
2

67

Jan.

98% Feb. 24

95

Jan.

Feb.

7

61% Feb.
2
Feb. 24
95% Feb.
3

60

Feb.

43

98% Feb.

3
6

26

Jan.

3

3

Jan.
Jan.

3

101% Jan.

13

61% Jan.
4 102% Jan.

20

6

7

Feb.

24

92"' Feb".

24

92

Jan.
Jan.

42% Jan.
105
85

54% Jan.

4 100%

17

Jan.

12

" 97 % "Jan"

l9

97

'

92~~~Feb~

24

99
82
95

" Feb.
Feb.
Feb.

3
2
4

97

Feb.

9 100

80

Feb.

3

83

Jan.
Jan.

25

94% Jan.

4

95% Jan.

25

Feb" "14

58

Feb".

24

57

55
58

57

97

"94% Feb"."l5

2

a*

5% Feb.

4

6% Feb. 25

6

Feb.

2

6

Feb.

2

Feb.

26

2

Feb. 26

1% Feb.

10

1% Feb. 10

2

6

Jan.

"\7
10

2

14

29
4

7% Jan.
6% Jan.

Feb.

26

1%
103%
104%
49%

Feb.

5% Jan.
5% Jan.

Feb.
Jan.
Jan.
Jan.

58

11

9%
2%
4%

Feb.

2

1% Feb.

104
-

5
16

51

8

Feb. 24

Jan.

53

97% Feb.

92

10
26
19

70% Jan.

62

98% Feb.

19
10

Feb.

Jan.

15

60

Jan.

Jan.
Jan.
Jan.
Jan.

20

47

11
10

Feb.

58

1

7
17

25Hi Jan.

11
24

18% FeD." 2
18% Feb.
9
Feb.
Feb.

Feb.
Jan.

103% Feb.

5 109

102% Feb.

65

9

101

6 104
3 23

28 108% Jan.

27 107
80
Feb.
3 90%
102% Feb. 16 103%
131% Jan. 26 131%
97% Jan.
5 101%

15% Feb" 28
15% FeD. 28
Feb. 21

60

3

1%
1%

Feb. 19

17 100% Feb. 28
15 109
Feb. 15

Feb.

2%

1%
1%

29

Jan.

Feb" 23 109" Jan" "12

106% Jan.

80
Feb.
94% Feb.

9%

101

Jan.

106

3
84% Feb.
Feb. 16 103% Feb.

85
95

2%

Feb. 23
Feb.
1
Feb. 17

Feb.

94%

80

6

42% Sale

48

93%

6% Sale
6%
5%

89%

38%

92

6%

60

42

98% 100

5%
5%

109

117% 118
100% Sale
97
993
38% 43

65
Sale

100
63
61
"60"" 63
Sale
99
100% Sale
94
95% 96% 92
96
90% 95

"95% "98"

3~ "3

1938 A O
1949 3 D
A.1952 F A

Sale

101% 102
95%
97

MN

3

Sale

65

3

f

M S

17% Sale

Sale

58% Sale
92%

43

42%
105

1956 MN

---

Sale

20

Francisco Sugar coll trust 6f

85,000 General Cable 1st a f g 5Ha A
10,000 ♦General Elec (Germany) 7q
♦Debenture 4H*
7,000
♦8 f deb a 6s
11,000

Sale

22

60%

3

7Ha.-1942 3

aer

Sale

28

Sale

60%

75,000 Galv Hous Be Hend 5H« A
Gaa Be Elec (Bergen Co) Aa..
Gen Amer Investors deb Aa

51*

Sale

O

♦♦(Amended) 1st cona 2-4s
1982
Proof of claim filed by owner... MN
Port St U D Co lat g 4%s.
Framericlnd Be Dev 20-yt

37
110

20

....

Proof of claim filed by owner..

53
51

Feb.

Feb. 23 106
102% 105
103% Feb. 17 104
22
9 22%
23% 21% Feb.
Sale
1 108%
Feb.
108

26

5s International aerlea......1942 MS
First lien a f Aa stamped...... 1942 M 8

105

112% Jan. 27 113%
107% Jan. 27 109
109% Jan. 27 110%
104% Jan . 10 107%

"40"

33
106

56

S

Sale

2
2 113% Feb.
4 108% Feb. 23
7 110% Feb. 23
7 107% Feb. 23

33

"55""

O

1953 A

4a Serlea D

35
35

113% 112% Feb.
109
107% Feb.
Sale
109% Feb.

106%
80
50
50
81% 80
103% 106% 101% 106% 102%
131%
131%
100% Sale" 100% Sale" 99%
111% 109%
109
105"" 102%
102% Sale 103
92%
90%
95%
95%
90
103% 102% 103%

98

O

113% 113
107% 108%
107.
109%
109% 110
105
105%
112 J

107%
89 %
95 %
103% 106%

103%
70% Sale

135,000
14,000 Pederal Lt At Tr 1st

14",000

hill

54% Feb.
58% Feb.

Feb. 15

107% 105% Feb.
106% 107% 107
52
Sale
49% Sale
49% Feb.
Sale
108
107
Feb.
107%
Feb.
104%
103% Sale 103
106% 107% 107
107% Feb.

22
Sale

103% 104

♦3d mtge 4^s......
....1938 M S
Ernesto Breda Co lat mtge 7a.... 1954 F A
Palrbanks Morse deb 4a.........1956 3 D

13,000

49

Sale

3

3
♦Brie At Jeraey lat a f 6a......1955 3
3
♦Genesee Rlv RR 1st a f 6s
1957 3
♦N Y Be Erie RR ext lat 4a
1947 MN

6,000
1,000

40

Lowest

Highest
Sale Prices
43
Feb.
9

37
Feb. 28
46% Feb. 23
52% Feb. 25

211

3

♦Ref At lmpt gold Aa aer 1927 ..1967 If N
♦Ref Ac Imp Aa aer 1936........1975 A O

14~6oo

48%

52%
48%

48

106 J

O

.....

77,000 {♦Erie RR lat con
♦lat conaol gen Hen 4a........1994
412,000
♦Conv g 4a 8er A ............1953
151,000
♦Serlea B
1953
86,000

616"o56

44

Sale

38

a46% Sale

104"

B.194Q
1946
Ac prior lien 4al996

Aa stamped

728,000
27,000
30,000
2,000

Sale

Lowest
Sale Prices

Sale

21%

O

Erie Be Plttsb gen gu g 314* hi
Series C 3Hi

conv

40
Sale

55

Ask

107M Sale

1965
1965

El Paso&SW lat Ac ref Aa

♦Gan

Ask\Bid

391
47 j

107%

12

Gen & rel 4%b seriesD
1961 F A
Gen Ac rel Aa aerlea B..........1952 A O

5,000
35,000

107 & Sale
51% Sale

Bid

—

D
♦Second gold 4a...........—1995
6,000 Detroit Term Ac Tunnel lat gu 4%s '61 M N
D
76,000 Dow Chemical deb 3a........—1951
8,000 {♦♦Dul So Shore Ac Atlantic g 5a .1937 3 3
164,000 Duquesne Light lat M 3%s
..1965 3 3

9,000
6,000

39%

38%

D

22,000 Dayton Pr Be Lt lat Ac ref 3% ■—1960 A O
200,000 Del A Hud lat Ac ref 4a
1943 MN
J
6,000 Delaware Pr Ac Lt lat M 4%*——1971
J
10,000
lat Be ret
.1969
J
3,000
lat mtge gold 4%«
1969
12,000 Denver Gaa Be El lat Ac ref 5a....1951 M N
M N
4,000
Stamped aa to Pa tax
J
146,000 J ♦♦Dan Be Rio Gr lat cona g 4a ....1936
3
18,000
♦♦Conaol gold 4Ha
t93i
41,000 {♦Denv Be R Gr West gen Aa Augl95f F A
96,000
/♦Assented (subject to plan).....
♦Ref Be Imp mtge Aa aer 0......1979 AO
57,000
{♦DesMoines Be Ft D lat gu g 4a..1935
3,000
Cert If lea tea of depoalt........
5,000 {♦Des Plain*"* Val let guar 4%s•-1947 M

Feb. 28

Feb. 1

Ask

Bid

V

RANGE SINCE JAN.

PRICES IN FEBRUARY

Price
Jan. 3
1938

103% Jan.

103%

104% Jan.

43

Sale

42" "Feb".

2

45

Feb.

14

42

Feb.

95

Sale

85

Feb.

15

97

Feb.

19

60

Jan.

119% 118%
101% 102% 101% 102% 101% Feb. 11 102% Feb"."l6
4
97
Feb. 25 OQJU Feb.
98% 99% 96% 98
99% Fflh.
4
Feb.
45
Sale
1
45
Sale
42% Feb.
9 45
Feb. 21
45
Sale
44
Feb. 23 45
44% Sale
45
Sale
Feb.
1
45
Sale
42% Feb.
4 45
""

20

97

Feb.

10
17
13

18
19

102% Jan. 20
07
TTflh
97'" Feb. 25 99% Jan. 15
1
Feb.
40% Jan. 10 45
Feb. 21
40% Jan. 10 45

100% Jan

Feb.

1

103% Jan.

12

26 102% Jan.
26
97% Jan.

10

31
25

21

Feb.

12
1

Jan.

11

25

Jan.

12

25% Jan.

13

25% Jan.

13

Feb.

4

Jan.

39

4

Jan.
Jan.
Jan.
Jan.
Feb.

4

45

General Motors Acceptance Corp—

189,000
140,000

256"600

16-year debenture 3s..........1946
15-year debenture 3%s—...—1951
Genera' Public Service deb 5Ha_1939
Gen Steel Castings 1st 5H* w W..1949

F A 102% Sale
F A 102
Sale
J J
96
J J
50
Sale

3,000 {♦Ga Ac Ala 1st cona 5a....Oct. 1945 J
♦{♦Georgia Carolina & NorthernExtended at 6% to July 1 1934.....
2,000

J

♦Good Hope Steel Be Iron see 7a. 1945

227,000 Goodrich (B F) Co conv deb 6s.. 1945
1st mtge 4%s
172,000
1956
361,000 Goodyear Tire Ac Rubber lat 5a..l957
12,000 Gotham Silk Hosiery deb As w w.1946

3
J
M N

M

8

Gout Be Oswegatchle 1st 5a
1942 3
ex lat gu g 4% s—1941 3

91% Sale
94% Sale
103% Sale
87

D

Grand R Ac I

25", 000 Gt Cons El Pow (3 a pan) 7s
1944
lat Be gen a f g 4 Ha............1950
216,000
Great Northern Ry—
lat At refund 4Ha Set A
202,000
1961
Gen mtge AH* Ser B..........1952
142,000
Gen mtge 5a Ser C...........1973
34,000
Gen 4H* Serlea D............1974
53,000
Gen 4%* aeries E............1977
96,000
Gen mtge 4a series G..........1946
1,003,000
Gen mtge 4s series H.........-1946
219,000
Gen mtge 3 % s series I
121,000
1967
1,000 ♦Green Bay Ac Wist dab ctfa A......
♦Income debenture ctfa B.........
18,000

J

104%
106%

D

80

F

A

71%

3

3

70

111% Sale

3

104
98

3
J

M

J
J
Fab

50

105%

Hock Val lat con g

"82""
60%

1952 J

13,000 Gulf States St'I 1st mtge 4H*-.—1961 A
72,000 Gull' States Utilities 4s series C..1966 A
10-year debenture 4H*—.....1946 A
39,000

♦Harpen Mining 6a

1953 J
...........1949 3
J

84

92% Sale

26

103

91

92

68% Sale
65
67%

80
71

67%

Sale

107

94% Sale

103

106

92
Sale

77
70

95% Sale
90
87%

Sale

Sale

89

Sale

Sale

Sale

Sale

Sale

60

62
Sale

9%

"90"

"95"

Sale

!?K
54
9

20% Feb. 17

Feb.

4

93% Feb.

1

68% Feb.

5

Feb.

15

65

Sale

65
Sale

90

Feb.

81%
81%
93%
86%
73%

Feb.
Feb.
Feb.
Feb.
Feb.
59
Feb.
8% Feb.

73
68

99

Sale

118% Sale

20

90

94% Jan.
103% Feb.

76% Feb.




30.

10

Jan.

11

3 99% Jan.
8 105% Feb.

24

11

i06%"Jan"l9

98

80

106%

Jan.

19
4

Janr"l9

65

Jan.

13

73

Feb".

24

Feb.

65

Jan.

12

70% Jan.

4

4

5 107% Feb. 15
1 103

Feb. 28
Feb. 26
Feb. 17
Feb. 25
4 100% Feb. 25
4
93
Feb. 14
2
81
Feb. 28
25 59
Feb. 25
9
10
Feb.
1
9

96
3 *88
3
88

27 111% Jan.
Jan.
91
Jan. 28 104
9 99% Jan.
90
Feb.
81
Jan. 31 90% Jan.
80% Jan. 27 89% Jan.
93% Jan. 28 103% Jan.
Jan.
84% Jan. 28 95

104% Jan.

72% Jan.

31

81

Feb.

Jan.

26
6

60
10

Jan.

Jan. 20
Feb. 26

59

8% Jan.

81

77

75

Feb. 26

81

Feb.

10

81
75

90% Jan.
85
86

3
3
10

11
5

10

10
28

Jan.

25
12

84% 83
83
Feb.
100% 103% Sale
100% Feb.
102% 102% 102% 103% 102
Feb.

108% Sale

108%

20
115
55
25

117% Sale
54% 58
37% 40

81"

Jan.

20

82

Jan.

3

27

91

Jan.

6

Jan.

7

8

92
88

Jan.

7

91% Jan.

108% Feb.

8 85
Feb. 17
2 103% Feb. 28
14 102% Feb.
7

1 108% Feb.

1

Feb.

83

102

2 103% Feb. 28
6
Feb. 14 103% Jan.

108

Jan.

100% Feb.

18 108% Feb.

20

Sale
58
40

115
58

Feb.
Feb.

38% Feb.

il8"""Feb."25 ll5"""Jan'"3l 119% Jan.
58

Feb.

2

38% Feb. 17

55
37

Jan.

Jan.

V.

For footnotes, see page

57% Jan.

Feb. 24

90

85

102%
101%
95%
46%
20%

104%

Sale

91

18

9,000 Hoe (R) Ac Co 1st mtge..........1944 A O
1,000 {♦♦Houaatonlc RR con g As.....1939 MN

90
95

Feb.
107% 105
Sale
94% Feb.

Sale
Sale

107%
J

20% Feb. 17

Sale
4
97
Feb.
98
Feb. 17
95% Sale
Sale
104
8 105% Feb. 24
104% Sale
103% Feb.
78
85
85
Feb. 25
76% Feb. 11 80
96% 85" 96%
106
106%
106% Feb.
7 106% Feb". "7

Sale

101% Sale

lat Is

4H*--...... 1999

Sale

22
19

91%

Gulf Ac Ship Island ref As...Feb 1952 3

Hackanaack Water

23%

-

Sale

J

J

Greenbrier Ry 1st gu g 4a
194C MN
Gulf Mob Be Nor 1st AH* *•« B...1950 A O
lac mtge gold 5s series G......I956 A
18,000

1,000

20
20

88% Sale

8%

17", 656

—

80

73
Sale

3

Feb

Stamped

25

18

Grays Point Teim 1st go g Aa ...1947 3

'i',666

30

19%

103% Sale 103% Sale 103% Feb. 21 103% Feb.
8
102
Sale
102% Sale
102
Feb.
1 102% Feb. 26
97%
99%
Feb. 24
48% Sale
50% Sale
46% Feb.
4 56
21
Sale
22
50
Feb.
1
20% Feb. 25 21

!

14

Jan.

6

38% Feb.

17

60

26

N. Y. STOCK

March, 1938]
Sales in
Value

$
56,000
195,000
16,000
132,000
411,000
101,000

Ask

Bid
1940 M N

Houston Oil sink fund

108'

D

Hudson Coal 1st s f 5s series A.. mi J

30%

Gas 1st 5s—... 1941 M IS
A
Hudson 5c Manhat 1st 5c ref 5s A. 19*" P
a
r
♦
Adjust Income 5s
..Feb 1957

120

Hudson County

1970 A

Illinois Bell Telep 3%a «er B.

195

1st gold 3Hi

52 %

>

1

J

93
93

98

195'

A

C

M

*

A

......

1st gold 3s

Sale

121%
54

120

121

52%

Sale

19

Sale

107% 108
75

99

88
88

0

54""

Sale

M N

47%

Sale

>

I

"40%
40

Refunding 5s................
44-year 4%«
..........
Cairo Bridge gold 4s..........
Litchfield DIt 1st g 3s

48

45
47

Sale

48

Sale

40%
51%

Sale

31

Sale

37

•

1

Sale

1

Omaha DIt 1st g 3s

82
65

80

"59%

40% Jan.

28

54

Jan.

3

47% Feb. 25

38

Jan.

28

49% Jan.

17

Feb.

1

42

10

36

5
4

52% Feb. 25
38% Feb. 25

Feb.

25

"59%

195

F

A

80

80

1951

J

J

75

74%

Gold 3 Ms
Sprlngf DIt 1st g 3JJ*

195

1

— .......

Weitern Lines lcr g 4s........ 195

J

I

80

80

,

F

A

~llooo

Jan.

21

72

Jan.

21

73

Jan.

4

75

Jan.

4

95

95

90

80

72%

50

79%

50

111 Cent 5c Chic St L 5c N O—

477,000
119,000
113,000

45% Jan. 11
55% Jan. 17
38% Feb. 25

74%
79%

195'

27

26
19

80

St Lou DIt 5c Term g 3s

Jan.

45% Jan.
28% Jan.

72

Feb.

98%
81%
79%

81%

65

48

1

37

55

80

103%
J

I

4

Feb.

47% Feb.
29% Feb.

Sale

I

Feb.

40

Sale

55

1951

Joint 1st 5t ref 5s

44

196
Illinois Steel deben BJs
......194«
Ind Bloomtngton 5c W 1st 4s.—_194«
(nd 111 5c la 1st gold 4s
195*
t+Indlanapol 5c LouIst 1st gu 4sl95«

Sale

39

19t>

A

ser

4%a series C

Sale

al06%

Sale

36%
33%
107%

Sale
Sale

41

Sale
Sale
Sale

37

107%

J

12%

VI

P

F

A

100%
104%

Sale

78
13

96
25

87

13

35% Jan. 31
Jan.

31

106% Jan.

33

4

Ref & lmpt mtge

539,000

39,000
191,000
231,000
29,000
132,000

Inland Steel

3Hi

198*
...196!

B

ser

3% a series D

21

90

Feb.

21

Jan.

17

12% Jan.

Feb.

90

90
20

Sale
Sale

16%
46%
49%

Sale"

72

llnterboro R T 1st 5c ref 5s.....196'

..193,
....193.

A

VI

<
«•

♦Certificates of deposit.....
Interlake Iron

deb 4s...... 1947

cony

Sale

104%
48

A

O

VI

!-

55
Sale

17%
51%

8

Jan.

8

42

3

87

Feb.

21

13% Jan.

20

90

5 100% Jan.

48

Sale
Sale

Sale

56%
54%
Sale

53

"75""

r

80

Feb.

50

Feb.

48

Jan.

7

17

Feb.

20

Feb.

17

16

Jan.

5

23

50

19

18

Sale

25
5
55% Feb. 23
51% Jan. 17

Feb.
Feb.

58% Feb.

28

5

58% Feb. 28

55

Feb.

18

49% Jan.
49
Jan.

6

55

Feb.

81

Feb.

24

72

Jan.

3

81

3 100% Feb.

9

100

Jan.
Jan.

105% Feb. 24
55% Feb. 23

104% Feb.
47% Feb.

Sale
Sale

47

♦Certificates of deposit........

♦♦10-year 4% notes
♦♦10-year 7% notes

99%
105%
52%

100

...

49

46% Jan.

107% Feb. 24

102

104

::::: "§6%
J

43% Feb. 11
40% Feb. 17
107% Feb. 24

36% Feb.
33% Feb.
Feb.

107

Sale

Indianapolis Union Ry—

148,000

10

53%

35%

J«*

12

41

50%

0

195.

93% Jan.

7

YIN

Lou I st DIt 5c Tor g 3%«

17

Jan.

Sale

60

"37%

Jan.

88

M N

Sale

17

98

17

195'

■44"

Jan.
Feb.

"93""

Sale

62%

A

Jan.

Jan.

19a

Coll tr g 4s

17

56

3
27 109

2

98

195.'

167",600
82,000
407,000

Feb.

18% Jan.
106% Jan.

99
93

93

1955

51

4 101% Feb. 25
3
4 30% Jan.
5 120% Jan. 10

92%

99

99

Sale Prices

Sale Prices

99% Jan.
21% Feb.
119% Feb.

95

99

103

195

........

Purchased lines 1st 3%a

Ask,
Sale Prices
I Sole Prices
1 101% Feb. 25
100% 101% 99% Feb.
4
23% Feb. 24
21% Feb.
22% Sale
5 119% Feb. 15
119% Feb.
120%
55
Feb. 10
51
Feb.
53% Sale
22
Feb. 10
Sale
18% Feb.
109
Feb. 10
107% Feb.
108% Sale

Sale

22

18%
107% 108%

O

sterling—........ 195
195';
Collateral trust gold 4s...

Extended 1st g SHI*.—

99%

Sale

Highest

Lowest

Highest

Lowest

!

Ask Bid

Bid

Sale

Sale

J

Feb. 28

1

Feb.

1938

n. y. stock exchange

Refunding 4s_—

1

Jan. 3

Illinois Central 1st 5 4s......... 195'

18,000
128,000

JAN.

RANGE SINCE

PRICES IN FEBRUARY

Price

BONDS

February

25

EXCHANGE—BONDS

50

73% Feb.

16

100% Jan.
103% Jan.

31 105% Jan.

47% Feb.

4

Jan.

13
18

Feb.

24

19 100% Jan.

22

19% Feb.

11

Jan.

10

Int Agrl

5,000

77,000
174,000
21.000
42.000

242,000
77,000
79,000
145,000
3,000
14,000
265,000
769,000
449,000

Corp 1st 5c coll tr 5s—
Stamped extended to

194,

...1952

{♦Internet Gt Nor 1st 6s A

♦AdJ mtga 6s series A.July 1 195.

100% 100%

J

J

A

O

17

195<
♦1st gold 5s series C
195<
Internet Hydro El deb 6s.......1944
s

Sale

19

5%
16%

♦1st mtge gold 5s series B

Int Merc Marine 1st

Sale
28
17

42

1947

86%

Sale
53%
Sale

70

Sale
" "

68%

Refunding 6s series A
..1955
Int Rys of Cent Amer 1st 5s B...1972
First Hen 5c ref 6 Vis

Sale
5

28

19%
4%
15%
15%
65%
46%

&
79

62%

Sale

86%

Sale

78

Sale

80%
89%

85
Sale

80%

Sale

18%
19

Sale
Sale

Sale

19% Feb. 11
5% Feb. 25

17

Feb.

3

18

Feb.

14

15

Jan.

18*

16%
59%
38%
85%
76%
80%
89%

83

Sale

Sale

16

17

Sale

17
40

17% Feb.
4% Feb.

Sale

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

5

18

Feb.

2

15

Jan.

19

4

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

28

16

66%
46%
87%
79%
80%
91%

4

4

10

3

80%

86

57%

Sale

55

Sale

52

Feb.

4

Sale

88

Sale

58%
87%

Sale

89

Sale

84% Feb.

9

61

Sale

57 %

Sale

62

Sale

56

95

.1047

(nternat T 5c T deb g 4 %•
1952
Conrertlble debenture 4%a.„-193'
Deb gold 5s

102% 100% 100% 100% Feb.

4%
15%

1941

f 6s

Intern Paper cony 5s series A

100

1955

94

90

1

4% Feb.

Jan.

8

Jan.

8

Jan.

12

28

59% Feb.
38% Feb.

Jan.

5

28

84

Jan.

28

70

Jan.

94% Jan.
83% Jan.

18
26

3

8

58% Feb. 25
88% Feb. 26
62% Feb. 25

Feb.

3

2% Feb.

15

3

Feb.

23

Feb.

28

72

Feb.

2

8

80% Jan.
87% Jan.

82

Jan.

94

Jan.

7

52

59% Jan.

14

90

Jant

14

63% Jan.

14

Feb.

84% Feb.
56

Feb.

{Iowa Central Ry—

7,000

1951

♦1st Ac ref 4s

S

M

M

Kanawha Ac Mich 1st gu g 4s.....1990

A

1

{♦♦K C Ft S 5c M ref g 4s
♦Ctfs of dep (Bankers Trust)

1936

A

<

Kan City South 1st g 3s....

1950

3,000
26,000
5,000

Kansas Gas 5c El ist mtge
♦Karstadt

A

4%a.„1980

w w

stpd (par $645) .....1943
stpd (par $925)
1943
(par $92f)_...1943
Keith Corp (B F) 1st ser g 6s....1946

slooo

<

I

I

M

v

!

.1997

Purchase money 6s

....

Kings Co Elerated 1st g 4s
2.000

!

M

.

Feb.

24

29% Feb. 10
27% Feb. 26

24% Jan.

4

23

Jan.

5

11

65% Jan.

64% Feb. 23
Feb. 21
3 106% Feb. 28

Feb.

31
3

104% Jan.

27

Feb.

3

"64%

Sale

108

Sale

106% Feb.

104

37
18

104% 106%
37
47%

Sale

47%
16%

55

4
1

70

Feb.

1 108%

104

Feb.

47%

41

Feb.

19% Feb. 24
24% Feb. 19

16

41

Feb.

16

27

23

30

25

20% Feb. 24
24% Feb. 19

25

85%

108%

Sale
98%

21

85

82%
100

83%

90

Feb.

83

3

84% Feb.

21

96

98

104
41

Jan. 24
Feb. 16

17
12

Feb.

24

90

29%
27%
71%
64%
108%
106%
41

Feb.

10

Feb.

26

Jan.

13
23

Feb.
Jan.

4

Feb.

28

Feb.

16

14% Jan.
23% Jan.

10
13

20% Feb. 24
24% Feb. 19

Jan.

17

27

82% Jan.

25

84% Feb.

17
21

3 108% Jan.

3

108% Jan.

107

-

98%
.....

55

5

78% Jan.
98% Jan.

27

17

23

27

82%

A

«

75

J
J

101.666
115.000

Kresge Foundation coll trust 4s. 1945 J
1947 F

107%

u

83%
108

104%
I

98

N
J
A

III" "97""

Jan.

i

97%

101

100% 101
98%
99
85%
86%

71

99%

151%

151%

151%

.1949 F

3J^s collateral trust notes

5

90

16

Sale

37
14%

91% Feb.

90

Jan,

3

95

.1954

1st 5t ref 6 %■

69

28

16

24% Feb.
24% Feb.
65% Feb.

29%
27%

Feb.

24

24

Sale

:::::

.1954

Kings Co Lighting 1st ref 5s

28%
25%

61

15

Feb.

5

Feb.

90

2% Feb.

95% Feb.

91% Feb.

94%

106%

98

Kinney (G R) 5%s extended to.. 1941 J
Koppers Co 4s series A...........1951 M

57.000

56

93%

61

78

Sale

.1961

Plain...

*6,006

65%

Sale

61

23

1
M N

4% a unguaranteed............1961
Kings County Elec Lt 5c Pow—
2,000

70

28

22

2%

62
58%
108% 108%
105% 105%

1961

............

Sale

Sale

34
Sale

69%

Kentucky Central 1st gu 4s.....1987 J
Kentucky & Ind Term 1st 4%a„„1961:J
Stamped.......

94

92%

27

w w

♦Ctfs

Sale

91

♦With warrants

"

97

25

(R) Inc 1st Mtge 6s...194?

♦Ctfs

P

Apr 111950 I
1960 1

Ref Ac Imp 5s

Kan City Term 1st 4s

73%

79

7,000 Tames Franklin 8c Clearf 1st 4s._195«
90,000 Jones 5c Laughlin St'l 1st M 4%a_1961
1,000
37,000
11,000
67,000
286,000
208,000
50,000

3

2%

2%

80

75

Feb.

153

15 155

Feb.

23

Feb.

19

Feb.

11

155

Feb.

78

Jan.

23
11

Feb.

100% Jan.
103% Jan.

6
17

100% Jan.
98% Jan.
86% Jan.

Jan.

22

26 100% Jan.
4
92
Jan.

31

153
71

80

97% Sale
97% Feb. 19 97%
101
103%
99% 103% 101
Feb. 11 102
98
98
99%
99%
101% Sale
102% 102% 101% Feb. 21 102%
99
Sale
100
Sale
99
Feb.
1 100%
91%
92
91% Sale
90% Feb.
3 91%

Feb. 26
Feb.
Feb.

Feb.
Jan.

97% Feb.
101

5 103

14

{Kreuger 8c Toll class A
94.000
118.000
104.000
39,000
16,000

♦5s

Uniform

ctfs of deposit....1959 M

Coll 5c ref
Col

Ac

6)4* series C

ref

g

5H*

ser

S

28

28%

1939
.....

85

1953

Laclede Gas Lt ref ext 5s

57

88
Sale

57%
49%
49%

Sale
53%
62

.1960

D__

.194?

Coll tr 6s series A

....

.1942

Collateral trust 6s series B

31

30%

31%

87

88

85

5s 1937 extended at

174,000
40,000
5,000
1,000

2.000

95%
102

31 9175
Coal Ac NaT 4Hs ser A....1954
sink fund 4Hs ser C__._..1954
.1965
5c New Eng RR 4s A
.1945
Ac N Y 1st gu g 4s
.1944
Valley Coal 5s

Cons

Lehigh
Lehigh

30%
73

66%
31

.1954

.1964

31

First Ac ref sinking hind 5s.....1974

22

15.000

Leh Vail Harbor Term 1st 5s.....1954

20,000

Leh V (N

410,000
196,000

55,000

1st Ac refunding 5s

♦Secured

Gen

....

cons

71%

6% gold notes.......1938

62

......

29%
31%
38%

.3003

18,000
36,000
75,000

21,000

16",000
6,000
43,000
40.000

112,000
8.000
286.000

Gen consol 5s

.....

.1965

Lex At East 1st gu 5s

Liggett Ac Myers Tobacco 7s

1944
1951

5s

A
F

Liquid Carbonic 4s conr debs... 1947
Little Miami gen 4s series A ....1962
Loew's Inc s f deb 3%a
1946
Lombard Klee 7s series A........1952

J

4s............1938
...1949
Guar ref gold 4s............ ..1949
48 stamped
...1949
Lortllard (P) Co deb 7s
1944
Long Island gen g
Unified gold 4s

83
94

Sale

29%
56%

40

Sale
35

82%
Sale

Sale

12
13

25

Feb.

Feb.

16

58% Feb. 26

55

Feb.

60

Jan.

12

49

52

48

Feb.

10

52

Feb.

4

48

Feb.

53% Jan.

17

49

62
89

Feb.

16

89

Jan.

90% Jan.
95% Jan.

4
13

59

Feb.

M

N

F

A

J

C

a

<

I

1:

%A

M

Sale

64

i

100%
83%
85%

93

Jan.

27 102

29% Feb.
55% Feb.
55% Feb.

2

31% Feb. 26
58% Feb. 21
56% Feb. 28

29

Jan.

14

26

92

Feb.

66

Jan.

65

Sale

95% Jan.

&

Sale

27%

30

23

34%

Feb.

Feb. 26

92

41%

94

Feb.

40

Feb.

99% Feb. 28
7
40% Feb.
30

Feb.

27% Feb.
27% Feb. 16 27% Feb.
3100
Feb.
99
Feb.

99%

Sale

58

Sale

50

57

55

46%
23%
25%
30%

Sale

48

54

45

23

Sale

Jan.

3

32% Jan.

10
7
17
12

1
55% Feb.
55% Feb. 14

71
65

Jan.
Jan.

26

95

Jan.

Sale
Sale

29

76

10

Jan.

100

Jan.

11
21

62

Jan.

3

45

Feb.

3
8

32

Feb.

14

29

7 115

Feb.

28

ll3%"Feb'.""7

130% Feb.

19

Jan.
129% Jan. 18 131
3 126
Jan.
122% Feb.
104% Jan. 26 106% Jan.

4

58

Feb.

50% Feb. 23
7

W*
32

Jan.
Feb.

Jan.

Jan.

3

40

21% Jan.
23

12

40

55

Feb.

25%
31

5

Jan.

39% Jan.

1

4

Sale

16

99% Feb. 28
45

31% Jan.
27% Feb.
27% Feb.

50% Feb. 23
25% Feb. 25
26% Feb. 25

23

Sale

28

Jan.
Feb.

Feb.
Feb,

22% Feb.
23% Feb.

Jan.

12

70%

74%
115

1

14

92

13

44%
Sale

30

115

Sale

113% Feb.

129%

Sale

129% Feb.
122% Feb.
104% Feb.

124

Sale

123

Sale

105%

Sale

105%

Sale

98%
61%

Sale

124

Feb.

1

106

Feb.

2

118

Jan"~4
5
19

11

108%
Sale

62%

Sale

100% Feb.
85
Feb.
91%
86
Feb.
89
86
88%
86
Feb.
88%
86% Sale
Feb.
Sale
128% 129% 127
Sale
115% Feb.
116% 118
68% Feb.
Sale
77% Sale

100%,
85

86

84

129

127"

1951 F
Louisiana Ac Ark 1st 5s aeries A..1969 I

A

120

122

120

i

72

86%

68%

Sale

98% Feb.
61
Feb.

16

99% Feb.\\ 1

"91%

96% Jan.

3

Feb.

23

100%, Feb.

61

Feb.

7

75

63

73

75

100%

S:*le

97% Feb. 24

99%
30

127

-

1

95

40

"86""
87

56%

Sale

-QQ" 101
•

59

Sale

129% 130

104% 106
107%
y?*
96% Sale

16

Feb.

Sale

94

112 %

124
D

Feb.

94

93%

97%

40

Sale

22

89

Sale

89
...

91%
59%

A

30.

Sale
56

«»




25

Feb.

Sale

A

For footnotes, see page

31% Jan.

56

95

95%

M

5s

6

55

62

130% 132

.2003

Long Dock Co 3 %a ext to.......1950

142,666

Jan.
Jan.

60

58

Sale
Sale
84%
117% 124

.3003

4%a

Leh Vail Ter Ry 1st gu g 5s......1941

20", 000

62%
Sale

.1944

Y) 1st gu g 4%a

Leh Val (Pa) gen con g 4s

28

Sale

58%

52

80
95

94

1,000
12,000

4,000

99%
Sale

65

..........

1st Ac refunding 5s

95

29%
70%

♦1st mtge income reg—Dec

Lehigh

59,000

91

1941

Lake Shore 8c Mich Sou g 3H*-..1997
Lautaro Nitrate Co Ltd—

Lehigh

3

87% Feb. 24

90% Jan.
61% Jan.

.

'

1947

3% to

2d gold 5s

96". 600

30% Feb.

85
56

Sale

Lake Erie 8c Western RR—

1.000

16

Feb.

19
1

Sale

56

Fen.

30

86

30%

Jan.

12

10 100% Jan.

85

Feb.

14

87

Feb.

85

Feb.

23

86

Jan.

87% Feb. 25
128% Feb. 21

85

Jan.

127

Jan.

120

Feb.

1

79% Feb 26

115% Feb.
60% Jan.

99% Jan.
63% Jan.

19
18

Jan.

4

90

17
12
12
§§^ Jan. 12
6
88
24 128% Feb. 21
4 122% Jan. 17
26 79% Feb. 26

28 100% Jan.
14
Jan.
86
4
Jan.

26

N. Y. STOCK EXCHANGE-BONDS

Sales in

Value

Price

BONDS

February
N. Y.

PRICES IN FEBRUARY

RANGE SINCE JAN.

1

Jan. 3

STOCK EXCHANGE

1938

Feb. 1

$
Bid
Ask
67.000 Louisville Gas & Elec 3%s
1966 M S H03H Sale
43,000 Lou & Jeff Bridge gu g 4s......1945 M S 106 % 109%

Bid

Ask Bid

103

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

Feb. 28

Sale

Feb. 26
Sale
102% Feb.
2 104
Feb. 23 106% Feb.
106% 105
3

104

105% Sale

Ask

106

102% Feb.
2 104
105
Feb. 23 107

\

Feb.

26

Jan.

10

Jan.

3
5

Louisville & Nashville RR—

655,000
45,000
82,000
15,000
80,000

~3~666

Unified gold 4s
1st Ac ref 5s series B
1st Ac ref 4%a uerles C
1st & ref 4s ser D

1940

105

2003

100 H

2003
...2003

93
87 %
77 %

Paducah Ac Mem Dlv 4s

1946

1980

2003

1st Ac ref 3%s series E

3.000
Mob Ac Montg 1st g 4%a
.....1945
14,000
Soutb Ry Joint Monon 4s.....1952
24,000
Atl Knox Ac Gin dlv g 4s
1955
9.000 Lower Austrian Hydro-Elec 6 %j- 1944

♦{♦Manatt Sugar 1st

s

MN
F

X"

I12""

J

0

Sale

Sale
84 %

92%
111

89
55
40
40

99 %
Sale

91**
57
48

42%

♦Mex Internet 1st 4s asstd.

Jack L Ac S gold
1st gold 3

3%a

Sale

102%
6
2

1951

M

2%
20

87

1940 A

O

B1961 J

D

100%

..1971 J
{♦♦Mil At Nor 1st ext 4%s (1880)..1934 J
1st ext 4%s
1939 J

D

60

D

J

Con ext 4%a_
1939
1947 MS
J
{♦Mllw Ac State Line 1st guar 3%al941 I
{♦Minn Ac St Louis 5s ctfs
1934 MN
—

15,000 {♦Mil Spar At N W 1st gu 4s

♦1st Ac refund gold 4s
♦Ref Ac ext series 5s A..

1949 M

cons

5s

♦1st

cons

st

Chic Term

M
s

Cent

Ac

25

45

90
81

107%
80

Jan.

6

Jan.

11

Jan.

12

Feb.

17
3
11

Jan.
Jan.
Jan.

6

Feb.

17

18 101% Feb.
28
29

25
100% Feb. 26
91% Jan. 13

17

Jan.
Jan.
Feb.
Jan.

19
6

41
24

17

22% Jan.

3

41% Feb. 10
32% Jan. 13
31% Jan. 13

Jan.
Jan.

6

85

Jan.

70

24

70

Jan.

6
24

76

Jan.

11

90

Feb.

16

84

Jan.

3

Feb.

72

J8»

90

88

90

85

80

70

80

55

Jan.

45

Jan.

4
6

99

"99"

25
85

45

5
4
2

41 % Feb.
32
Feb.
31
Feb.

10

5
4

25

"67""

87
90
Sale

Feb.
89% Feb.
96% Feb.
81

3

90

2 97
8 100

Feb. 16
Feb. 10
Feb. 28

96% Feb.
107% Jan.
101% Jan.
5% Jan.

15
100

100

100

>ft

102 % J an.

23%

16%

Sale
Sale

77

99

95

99

100

77

IVi
Sale

19%
Sale

97
8 100

Feb. 10
Feb. 28

5 108% Jan.

12 103% Feb.

21

14
8

6% Feb. 18

100
95

25
55

A*
"13"" Sale

1938

100

Feb.

99% Feb.

3
25

17% Feb.
101% Feb.

17 101

Feb.

9
8
1

60

"ill

6% Sale
3
2%

8

15% Feb.

Jan.

8 101

Jan.

10 103
Jan.
20
89% Jan.

87% Jan.
3
19% Jan.
15% Feb.
Jan.
100
Feb. 25 102
3 101% Jan.
99
Jan.

10
13

4
12
11

19

51

it*
5%

S

99% Jan.
97% Jan.
84% Jan.

28

3%

S

21

27

1949
1978

&

25

26

Sale
30

1946

P

4 101% Feb.
3 100% Feb.
86
Feb.
55
Feb.

Feb. 11
Feb. 16

28

28%

♦1st Ac ref 6s series A......

8t

107% Feb. 16
z98% Feb. 17

Feb.

78

30

29

♦15-year g 5 Hs..
♦1st ref 5 Ha aeries B

{H

4

29

Jan.

93% Feb. 28

111% Feb. 10 112
1
80
74% Feb.
106% Jan. 28 111%
98
Jan. 12
98%

Sale

5s gtd as to Int..... .1938

...

17
17

Feb.
Feb.

...1962

♦1st

Feb.

41

163,000 {♦M St P Ac S S M 4s stpd guar...1938
37.000
83,000
19,000
18,000
67,000

1

20

40%
40%
15%

ser

Feb.

Feb.

102%
85%

8*

4^1 series C

26 105
8 102

28

70
44

16

103

J

8,000 {♦Midland of N J 1st ext As
197,000 Mllw EIRy Ac Lt 1st At ref 5s
117,000
1st mtge gold 5s

Feb.
Jan.

100
89

1979 J

Ref Ac Imp

Feb.

85% Feb.
83
75

40
40

85
89%
97% 100

96%

S

..—1952 MN

106% 111

78

Feb.
2 108% Feb. 23
108% Sale 108% Sale 108
8
102% 104
102% 104
102% Feb. 25 103% Feb.
6
6%
6
Feb.
3
6%
6%
6% Feb. 18
2%
5%
2%
2%
2%

108
101

l8

80

111% Feb. 10

"72~"

8

♦4s (Sept 1914 coupon on)
1977 M S
♦Mlag Mill Mach 1st s f g 7s
1956 J D
Michigan Central-Detroit At Bay
J
City Air Line 4s
...1940 J

82

76%
Sale
98%

0

1977 M S

12%

25

5%

23
Feb. 23
Feb.

95

43

70

30
38

IS*
70

A

Feb.

Feb.

90
80

98

78

100% 100% 101% 100
98
98% Sale 100% Sale
85% 86
84%
54
60
49
55
52%

70

75,000 Metropolitan Edison 4^« ser D..1968 M
32,000 Met Water, Sewer Ac Drain 5% a—1950
A
6,000 ♦{♦Met West Side Elev (Chic) 4s.l938 F

Sale

78
77

100

85

66H

87
80

101% Jan.

105% Jan.

--K--

72

84 %

Feb.

93

99

22,000 Marlon Steam Shovel s f g 6s
1947 A C
44,000 Market Street Ry 1st 7s
Apr 1940 Q J
47,000 Mead Corp 6s with warrants
1945 MN

Feb.

Feb.
Feb.
Feb.
Feb.

72

J

83

77

111%
74%
106%
98%

1959 M N

1st ext 4s

Feb.

85% Feb.

85

111%

74% Sale
105% 113

28%
25%

{♦Man G B At NW 1st gu 3%a. —1941 1

80%

98

99
99

95

90

87

1
103% Feb.
97% Feb. 24
93% Feb. 28

102% Feb.

107

1939 M N

Manila El Ry Ac Lt 1st 5s
Manila RR South Lines 1st 4s

15.000
16,000

90

77

25
233
22 % Sale
12%

2013 J D
1953 M S

♦2d 4s

~2~, 006

83

ill

A

1942 A O

f7H>

vCertificates of deposit.......
115,000 {♦Manhattan Ry (N Y) con g 4S..1990
33,000
♦Certificates of deposit

90

80%
96

M S

J

43,000 McCrory Stores Corp s f deb 5s__1951 M N
136,000 McKesson A Robblns deb 5%a
1950 M N
21,000 Maine Central RR 4s series A
1945 J D
5.000
Gen mtge 4%a series A
1960 J D

~8~666

Sale

Sale
103% Sale 103
97% 97% Sale
85% Sale
93% Sale

107 H

St Louie Dlv 2d gold 3s

Sale

67

8

13%
Sale

4%
71%

60

1

"26"""Feb."23

Feb. 28
Feb. 10
4
Feb.
3
Feb.
4
Feb.
2
Feb.
4% Feb. 15
15
3% Feb.

6% Feb. 28
2% Feb.
3
3% Feb.
4
L4
Feb. 16
8% Feb. 17
14% Feb. 18

17% Feb.
6%
2%
3%
9%
6%
10

62

Feb.

28
1
Feb. 26
Feb.

Feb.

7

60
20

Jan.

15% Jan.
5% Jan.
2% Jan.

21

Jan.

31

3

3

Jan.
4
Feb. 23

6% Feb. 28
Jan. 11

3

3% Feb.

4

Feb.

16

8% Jan.

5

14

6 —Jan.

6

9% Jan.
3% Jan.
3% Feb.

12
6
15

8% Feb. 17
14% Feb. 18
5% Jan.
4
5% Jan.
3

60% Jan.

10

67

Feb. 26

Term
1941 MN

f 4s

66,000 {♦Mlssoori-Illlnols RR 6s
139,000 Mo Kan At Tex 1st g 4s

A...1959 J

J

1990 J

D

Prior lien 5s series A......

1962 J

J

40-year 4s series B

1962 J

J

40

Pr Hen mtge 4Ha ser D

1978 J

J

38%

1967 A

O

77,000
13,000
231,000
517,000
79,000
236,000
29,000

♦1st Ac refund 5s series A.....1965 F

S

314,000
219,000
5,000
339,000
28,000

♦Convertible gold 5 Ha
♦1st ref gold 5s series H
♦Certificates of deposit

ser

34
67

47

68%

Sale
Sale

28

Feb.

3

63

54% Feb.

3

Sale

48

Sale

Sale
42

40%
39%
21%

42%
45%
Sale

40% Feb.
34% Feb.

4

24

Sale

29% Sale
56% Sale

28%

Feb.
3
Jan. 27

30% Feb. 23
65% Feb. 17

28

48% Feb. 24
42% Feb. 24

37% Jan.

53

34% Jan.

8

67

4

Jan.

Mlssour-Kansas-Tszas RR—

245,000
101,000
14,000
153,000

♦Cum adjust 5s series A

Jan

45% Sale

23

Sale

49
Sale

41
35
37

19%

Sale

3
2
3

45
22

Feb. 26
Feb. 23

Feb.

7

25%

Feb.

Feb. 26
23
7% Feb. 23

40
19

Feb.
Feb.

21

31

Jan.
Jan.

25
25

48% Feb. 24
42% Feb. 24

25

45

18 % J an.

26

23% Jan.

12

19% Jan.

19

Feb.

26

Jan.

26

&
23

Feb.

26

6% Jan.
19% Jan.

8

4

35

Feb. 26

{♦Missouri Pacific RR Co—
♦Certificates of deposit
......1975 MS

♦General 4s

♦Certificates of deposit....
♦

1978 MN

1st Ac ref g 5s ser G...

♦Certificates of deposit

♦1st At ret 5s

ser

7%

Sale

19

Sale

6

% Sale

Sale

24

Sale

22

19% Sale
22% Sale
17%

18% Sale
18

5%

A

19%

1980 A

Sale
Sale

Sale

5

22% Sale

18
1981 UN

I

July 193S

{♦Mobile Ac Ohio gen gold 4s
♦Montgomery Dlv 1st g 5s

20%
19

...

j

xv38 M S

1947 F

A

72,000
11,000

♦Refunding At Improv't 4Ha —1977 M
♦Sec 5% notes
....1938 M

18,666

1991 M S
Monongahela Ry 1st M 4s ser A..1960 M N

S
S

Mohawk Ar Mai 1st gu g 4s

21%

Sale"

21

Sale

18%
68%

75

17% Sale
12%
16%
12%
17
.....

107

22%
23% Sale
22%
5%
6

---

24

Sale

22%

88

j

18% Feb.

22%

Sale

6%

26% Sale

1949 MO

♦Certificates of deposit
Mo Pac 3d 7s ext at 4%

18

22% Sale

18

1977 M N

♦1st At ref 6s series F

20% Sale

78
Sale

.....

24

Sale

22% Sale

88

68%

75

4

6% Feb.
20
Feb.

3

18% Feb.

4

Feb.

3

20

9
20% Feb.
4
4% Feb.
4
20% Feb.
23
Feb. 26
4
20% Feb.
9
20% Feb.

1st mtge 4 Ha
68 debentures

1960

92

1965

Montana Power 1st Ac ref 3%a

90
100

1966

Mont Tram 1st Ac ref 5s series A. .1941

General At refunding 5s A.—.1955
Gen At ref 5s series B
...1955
Gen At ref s f 4Hs ser C
—..1955
Gen Ac ref

s

f 5s

ser

79

2000
1955 MN

1955 MN

1947 MN
1941 MN

Mutual Union Tel 5s

Nashville Chat Ac St L 1st 4s A..1978 F
Nassau Elec guar gold 4s stpd
1951 J

Sale

100%
77%

82%
75%
71% Sale
60
Sale
49% Sale

A

J

National Acme 4 Ha extended
1946 J D
National Dairy Prod deb 3%a w w *51 M N
Nat Distillers Products deb 4Ha-1945 M N

16

19%

13

16,000
e

8,000
35,666

14

14

Sale

14%
70

13
58

102

104

104

14""Feb. 26
13% Feb. 23

Feb.

3 104% Feb. 21

102% 102% Sale 101% Feb.
92
94
90
92% 92
Feb.
91
Sale
91
Sale
90% Feb.
100% Sale 100% Sale 100% Feb.
78
73% Sale
73
Feb.
79
73% 79

102% Feb. 25
92
Feb.
7

113% 114%

65% 71%
22%
24
97% 100%
99% Sale
105

Sale

73%
61
57
51

297,000

"2",000

113% 114

Sale

63

65
56

14%
62
107

"ll% Feb.
102

66%
Sale

22%

Sale

63%
67
24% Sale

97

100

97

Sale

99
103

Sale

"2".66O

4

ifjJ*
1%

91% Feb.
101

2

Feb. 23

73% Feb.

1

100

100% Sale
104% Sale

Feb.
Feb.
Feb.
Feb.

1

66% Feb. 26

1

58

17

Feb.

5

53% Feb.

3
4

19 113% Feb.

1
67
63
Feb.
1
28
22% Feb.
96% Feb. 15 97%
8 100%
98% Feb.
1 105%
103
Feb.

4
17
Feb.
4
Feb. 28
Feb. 26
Feb.
Feb.

J
warr Ac rets No 4 on... 1926 J
♦4s April 1914 coupon on
...1951 A O
♦4s April 1914 coupon off
1951 A O
♦Assent warr At rets No 4 on. 1951
Nat Steel 1st coll mtge s f 4s.....1965 j'iS

{♦Naugatuck RR 1st g 4s

D

2%
1%
1%
1%

For footnotes, see page 30.

1945 J

J

J

2%
——

2%

107

Sale

117
20

119%

1954 M N

Newark Con so) Gas 5s...

♦Cons guar 4s..

5

Jan.

10

25%

Feb.

25

23

Feb.

26

26

18

Jan.

25

19%
18%
4%
19%

Jan.
Jan.
Feb.
Jan.

4

25%

Feb.

3

23

Feb.

23

Feb. 26

19% Jan.
18% Jan.

4

26

6% Jan.

11

25%

Feb.

26

23

Feb.

4

25%

Feb.

26
26

3

23

Feb.

26

21% Jan.
14% Jan.
14% Jan.

12
11
8

3

Jan.
Jan.

27
29

11% Jan.

26

17
11

102

Jan.

22 107% Jan.

101% Feb. 14 104
90
Jan.
5 94%
88% Jan.
7 92%
99% Jan. 12 101
73% Jan. 31 73%

Jan.

5
20

Jan.
Jan.

18
15

Feb.

23

Feb.

1

80

25%

56% Jan.
54% Jan.

27
27

48

Jan.

24

Jan.

29

113

61

71% Jan.
62

3

Jan.

19

55% Jan.
Feb. 19 113% Jan.

15
19

68

Jan.

5

Feb. 17
22% Jan.
5 28
96% Feb. 15 97% Feb.
4
101
Jan. 19
98% Feb.
8

103

Jan.

24 106

Jan.

6

13

4

1%
2%
1%

2%

2% Sale
2% Sale
2

2%

2%

3
Sale

2%
2%

3

Sale

1% Feb. 18
2% Feb. 23

2% Feb. 28
2% Feb. 23

1% Feb. 18
2% Feb. 23

10

2% Feb. 28

1% Feb.

1% Feb. 23
1% Feb. 15

3% Feb. 28
1% Feb. 15

1% Feb. 23
15
1% Feb

1% Feb.

4% a—

♦Assent




"2%

61
56

51% Sale
50
112% 114% 113

1%
1%

J

...

1948 J
{♦New England RR cons 5s guarl945 J

18

80

86
Sale
Sale
Sale

J

...

38",000

26

11% Feb.

J

♦Assent warr Ac rets No 4 on. 1957
♦4s AprU 1914 coupon on
..1977 AO
♦4s April 1914 coupon off
...1977 A O
♦Assent warr Ac rets No 5 on. 1977
Nat RR of Mex prior Hen

102,000
1,000

Feb.

14

11
11

National

Rys of Mexico—
♦4%s Jan 1914 coupon on. ..1957 J
♦4%s July 1914 coupon on ..1957 J
♦4Hs July 1914 coupon off —1957 J

23

Feb.

—...

1955

D

95,000 Morris Ac Essex 1st gu 3 H»
38,000
Constr M 5s ser A
98,000
Constr M 4Ha ser B
6,000 Mutual Fuel Gas 1st gu 5s

17,000
19,000
4,000
510,000
209,000

102% Sale

25
Feb. 26
23
25% Feb. 26
Feb. 26
23
Feb. 26
6
25% Feb. 26
Feb. 26
23
25% Feb. 26

25%

88
74%

Monongahela West Penn Pub Serv—

133,000
11,000
160,000
34,000
10,000

3

26

1%
1%
1%
1%
104%

Sale
80

65
116

I.

1%
1%
2%
107
30

Sale

107

116% Feb.
39% "25" ""Feb".

Sale

"47%

33

29%

"49%

"25%

23

2% Feb. 28
0x8
3%

Feb. 28

1% Feb.

15

16

1% Feb.
104% Jan.

2% Feb. 28
31 107% Jan.
5

116% Feb.

116% Feb.

116% Feb.

3

29% Feb.

"25" "Feb".

"29% Feb".

23

Feb.

19

68

119%

52

2% Feb. 28

1% Feb.
104% Feb.

10

Feb. 28
Feb.

March, 1938]
Sales in

BONDS

February '
Value

N. Y. STOCK

12,000
43.000

45,660
24,000
8,000
147,000
60,000
40,000
19,000
8,000
3,000
1,000
19,000
30,000
7,000
1,000

N«w England T Ac T W-yr
A
1952 J D
lat a 4 34* series B
.......1961 UN
N J Junction RR gu lat 4a......1986 F A
N J Pow & Light lat 4)4*..
1969

Ask

12234 12354
121

Sale

107

10734

57

N O Ac N'eastern ref 4 34* series

45
97

A.1952

New Orleans T S lat Ac ref 5a A...1952 A O
1st & ref 5s series B...........1955 J D

guar...l953
1935
.............1954
♦Certificates of deposit.........
♦1st mtge gold 5a aeries G.....1956 F A
♦1st 4Hs series D...
—.1956 F A
♦First 51{s series A...........1954 A O
♦Certificates of deposit.......
Npt Ik Cln B pen gu g 4Ha .....1945 J
J
—

40

—

—

—

76

—

51

34
33

"3134

36
54

3434

"3134

49

33

45

78

10634

95
Sale

Lowest

Highest

Sale Prices

1

Sale Prices

Sale Prices

Highest

3734

4234
Sale

90
63
30

92

35

3234

Sale

42

"it*
ii*

65
34
36
38

3734

&
36
36

Feb.

1124

107)4 Feb.

2

41*

Feb.
Feb.

1
9

8854 Feb.
8934 Feb.
5754 Feb.

92

Feb. 26

29

Feb.

35

Feb.
Feb.
Feb.

31
36
32
35

40

31
35

Feb.
Feb.

II*

32

Feb. 25

Jan. 31
10634 Feb. 15 108
6
60
Jan.
6434 Jan. 27
40

Feb.

7

8854 Feb. 7
8934 Jan. 31

50

26
24

52

Jan.

28

Jan.

24
7

18
15

30
31

Jan.

28

76
31
36

Feb. 15

32

14

3434 Jan.
2834 Jan.
32

Feb.

17

3534 Feb. 21
11034 Feb. 17

32

11034

Jan.
Feb.
Feb.
Feb.

14
8
4
5
24
18
15
17
25
17
21

Jan.

k.8

Jan.

3

Jan.

9834 Jan.

37

Feb.

Feb.
Feb.
Feb.
Feb.
Feb.

12234 Jan. 31 12434 Jan. 27
12034 Jan.
8 12234 Feb. 10

3354 Feb. 25

3134 Feb.
3334 Feb.
11034 Feb.

11034

Feb. 25

4 12234 Feb. 10

10634 Feb.
60

60
92

116""

11034

Highest

121

Sale

34
3034
3334 Sale
4034

3534 Sale

1

12334 12534 12334 Feb.

55

42

3054

108
Sale
45
Sale

Ask

30

91
91
60

Sale

9634 Sale
—

Ask Bid

1.2334 Sale
12034

107""

Lowest

Feb. 28

"95""

65
52

{♦♦N O Tex & Mex Income 5s
♦First 5s series B

Bid

95

New Orleans Great Nor 5s aer A.. 1983

New Orleans Term 1st 4s

Feb. 1

1938
Bid

%

RANGE SINCE JAN. 1

PRICES IN FEBRUARY

Price
Jan. 3

I?
■5*

H. Y. STOCK EZCHANQS

27

EXCHANGE—BONDS

13
27
37
31
Feb. 17 3534
Feb. 17 11134

Jan.

Jan.
Jan.

Feb.
Feb.
Feb.

New York Central RR—

193,000
159,000
271,000
398,000
210,000

133,000
36,000
338,000
66,000
15.000

Consol 4s series A........... .1998 FA

82

10-year 354* secured a f...... .1946 AO
Ref At Inapt 4 Ha series A..... .2913 A O

91 VH

Sale

6454

7334
8234

Sale
Sale

Feb.

1

Sale

7234 Feb.

3

8734 Sale
8934 Sale
5434 Sale

8934 Sale
9134' Sale

8734 Feb.

Sale

53

77

7634 Sale
7334
75

76

Sale
Sale

74

.1997

J

Debenture 4s of 1912...........1942

J

9334
9434
9534
9634
6434 Sale
8134
8554
75
8554

A......,2913 A O
Lake Shore coll g 3 Hs........ 1998 F A
1998 F A
Mich Cent coil g 314s.
Ref A impt. 4)4* aeries

..—..

58

Sale
75

60

88

3

1
Feb.
7
Feb.
4
Feb. 26

7634 Feb. 15

71

85
62

Febk 23

65

71

83

...

Sale

82

74

O

NTCftHRg mtge 3)4*

58

4

5334 Feb.

.1952 MN

.2913 A

—

I4* IfH

Sale
Sale

7134 Feb.

Sale
Sale

55
60

Ret 8c Inapt 5s series C
Con? secured 334a

7434
3434

82

Feb.

2

82

Feb.

18

51

Jan. 25
Feb. 23
Jan. 28

6734 Feb. 23
7734 Feb. 24

58

Jan.

28

9134 Jan.
5
6554 Jan. 11
73
Jan. 11

71

Jan.

28

84

Jan.

9454
9834
6534
8254

Jan. 13
Jan. 13
Jan. 11
Jan. 17

84

Jan.

11

Jan.

3
3

9134 Feb. 11
9134 Feb. 28
6134 Feb. 18

8534 Jan. 28
88

Feb.

7

5134 Jan. 28

10

Feb.

10

Feb.

10

60
52

Feb. 15

50

Feb. 25
6434 Feb. 15
79
Feb. 28

43

Jan.

19

74
62

57

Jan.

24

77

Jan.

7734 Feb. 19

90

Jan.

3
3

8754 Feb. 16

73H.Feb. 10

79
74

83

9534 Jan.

6

Feb. 26
7334 Feb. 10
76

New York Chicago & St Louis—

251,000
415,000
113,000

Refunding 6)4* aeries A...... 1974 A O
Refunding 4)4* series G...... 1978 M S
3-year 6s.._..........._.Octl 1938 A O

1946 F A
4s collateral trust
29.000
1947 A O
1st mtge 334* extended to
59,000
176,000 N Y Connecting 1st gu 4)4* A... 1953
1st gtd 5s series B.._......... 1953
7,000
11,000 N Y Dock 1st gold 4a.............1951
.1938
Serial 5s g notes....
156,000
Certificates of deposit.
38,000
ll965 A O
114,000 N Y Edison 334a series D
.1966 A O
1st lien & ref 334* series £..._.
64,000
........

......

.....

74
62

Sale

77

Sale

90

Sale

10754 10834
10934
4834 Sale
46
4734

104

10534

II*

90
Sale
Sale

Feb.

Sale

45

58

Feb.
Feb.

5634
47

5834

79

Sale

85

7834

"8334

52

6034 Sale

Sale
4634 Sale
Sale
60
53

Sale

Sale
Sale

10634
10634 Sale

49

52

103
103

49
Sale
Sale

4654 59
47
5634
10334 10434
10334 Sale 10334

123

12334

60
Sale

122 H

43

.

m

7734 Feb.
85
104

Feb.
Feb.

10634 Feb.

10534 Feb.
4634 Feb.
44

15

10634 Feb. 28
55

Feb.

Feb. 26

6234 Feb. 28
5834 Feb. 28

Sale

4334 Feb.
Sale
10334 Feb.
10434 10334 Feb.

10434 Feb.

25

Jan.

Jan.
Jan.

22

26

Jan.

Jan.
7
27 108
4
1 10934 Jan.
Feb. 26
55
3
4
44
Feb.
6234 Feb. 28
9
5834 Feb. 28
4334 Feb.
10254 Jan. 29 10454 Jan. 19

104

10534 Feb.
4634 Feb.

10434 Feb. 24

103

Jan.

3 10434 Feb. 24

12434 Feb. 28
11434 Feb. 28

122

Jan.

28 12434 Feb. 28

N Y 8c Erie—See Erie RR.

43,000
45,000

.1948 J D
M Y Gas El Lt Ht k Pow 5a.
.1949 F A
Purchase money coll tr g 4a...
♦N Y & Greenwood Lake 5s

15,000 N Y
6,000 N Y

....

.1946 MN

.2999 M N
8c Harlem g 3Ha
Lack 8c Western 4a ser A... .1973 MN

11354 11454
84

...

10234

..

—

—

—

—

102

65

93 U
100

.....

M

S

{♦N Y & N Eng (Boat Term) 4s.. .1939

A

O

Non-con* debenture 4a..... .1947 M

"99"" 166)4

8

9234

.....

.....

95

9734

Feb.

11354 Feb.

11334 Jan.

4 11454 Jan.

17

40

102
75
90

101
64

Feb.

16 102

70

Feb. 24

Feb. 16
Feb. 25

101
64
93

Feb. 16 103
80
Feb. 24
93
Jan. 22

Jan. 26
Jan.
5
Jan. 22

7934
9734
99

99

100

123

83

85
85

J

N Y A Long Branch gen 4a.... .1941

5834 22
10234 100

85

Guar 4H* series B........... .1973 N N
.1942 M N
N Y L E A W Goal A RR *34*
♦Dock A Impt lat 5s......... .1943 J

-

12334 12334 Sale
11434 Sale
11434 Sale

{♦N Y New Haven A Hartford-

9,000
6,000
19,000
25,000
41,000
25,000
151,000
29,000
38,000
144,000
12,000
106,000
24,000

♦

15

....

♦General 4s.

1634
22
33

934

....

........

.1955 J

22

9,000
17,000
52,000
102,000
86,000

"834
534

D

N Y A Queens El Lt A Pr 334*- .1965 MN
New York Railways Corp—
J
J Prior lien 6s stamped....... .1958 J
M Y Ac Rlcb Gas 1st 6s A........ .1951 M h
New York Steam 1st is ser A... .1947 M N
1st mortgage 5s.............. .1951 MN
1st mortgage

5s.............. .1956 MN

81,000 {♦♦N Y Susq A West 1st ref g 5s..1937 J J
♦♦Second gold 4Hs............1937 P A
9,000
♦General gold 5s..............1949 F A
11,000
♦Terminal 1st gold 6s. .........1943 M N
39,000
.1939 MN
122,000 N Y Tel 1st A gem f4Ks
Ref mtge 334s series B.........1967 J
J
139,000

12,666

N Y Trap Rock 1st s f g 6a........1946 J
6s stamped....................1946

39~,666

1941 MN
♦{♦Norfolk A South 1st g 5s
Norfolk A West Rv 1st con g 4s—.1996 A O

155,000 North American Co deb 5s.——.1961

12,000
78,000
92,000

F

North Am Edison deb 5s ser A... 1957 M
Deb

5)4s ser B
Deb 5s series C-...

Aug 15 1963

F

A
8

A

..Nov 15 1969 MN

North Cent gen A ref 5a ser A... 1974 M
Gen A ref 434s series A....... 1974 M

8

e

Feb.

33

834 Feb.

7

2134

Sale

21

"934

77
Sale

7534 Feb. 16
4
834 Feb.
3
634 Feb.

17

1234

P

Sale

29

Sale

106

Sale
92 54 Sale
90
96 H
106
107
106

634

634

105 54
16

Sale
Sale

16)4
10 34
47 34
34
106 54 Sale
104 54 105 H

"A%
43

4H

Sale

734

10834 Sale

Sale

123k Sale
634
1034
7

40

41

10634 Sale
10434 Sale

9834 Sale

,1234 Sale
-

934
12
734
10
4034 Sale

106

Sale

10534 Sale

106

98

Feb.

Feb.

70

10034 102
10034 104
10234 10334 10434 Sale
9934 Sale
9934 100

11934 125
11534 119

13*
48* II*
11

115

Sale
Sale

125
118

21

Jan.
Jan.'

161

Feb.

16
20

Jan.

10
6

Jan.

4

29

Feb. 23
7
Feb.
4
Jan.
Feb. 16
4
Feb.

35
12
23
79
8

834
2034
7534
854

SS

Jan.

2334 Jan.
Jan.
Jan.
Jan.

Feb.

13
11
14
17
8
13
12
11
14
12
7
17
18

Feb.
Feb.

7
14

Feb.

18

6

Jan.

4

10854 Feb. 26

1

106

Jan.

28

10854 F~eb". 26

3
Jan.
Feb. 18

9954 Feb. 26

1

Feb.

11

10

634
4034
10534
10434

1354 Feb. 10
1034 Feb. 11

8
Feb. 17
7
Feb.
Feb.
2
Feb. 23 42
2
Feb. 18 10634 Feb.
1 10534 Feb. 17
Feb.

~64~~~Feb". "l

,J*4
103

10834
9334 Sale

Jan.

i034 Jan.
Feb.

9454 Jan.

4

Feb.

8 10654 Jan.

Feb.

4 10634 Jan.

21
7

8 106

10

Feb.

934 Jan.

28

10

Feb.

11

6

Jan.

28

Jan.

16

Jan., "3
1134 Jan. 19
834 Jan. 12
43
Jan. 17
107
Jan.
7

4034 Jan. 31
10534 Feb. 18
7 10554 Jan. 22
10454 Jan.

80

67

IJfg

Sale

Jan.

P

8

3

534
534
554
454 Feb.
10534 10534 106
10454 Feb.

103
103 H
100

Sale

1934 Jan.

1534 Jan. 27
1634 Feb. 23

79
10

1054 Feb.

Sale

106 54 Sale
107 H Sale
Sale
95
Sale
98
10
a1^
10
Sale
47
70
1193^ Sale
Sale
102
Sale

4

2
1634 Feb.
1534 Jan. 20

"63"

"64""

Sale

2

1ft

Feb. 28

Feb.

Feb.

Feb.
4
Feb. 23
Feb.
3
Feb.
2
Feb.
2
17
1
2234 Feb.
Feb.
33
1
W* Feb. 25
2
2234 Feb.

If*

9934 Feb. 26
9254
2
77
8834 70
7434 Feb. 18 8354 Feb.
7434
8 10634 Feb. 16 104
104
Feb.
Sale
10534 107
4 10534 Feb. 16 10434
10434 Sale
10434 Feb.
10434 Sale
8 10534 Feb. 16 104
Feb.
104
10434 Sale
10534 104
98
80
106

80

79
69

Sale
25

9

10
Sale

Sale

II*
20

1634

1834

9434

68"

.....

29

1934
25

"65""

69

D

135,000 {•♦N Y Westches A Bos 1st 4)4*..1946 i"~J
85,000 Niagara Falls Power 334*---.----.1966 M S
16,000 vlag Lock * Ont Pow 1st 5s A....1955 A O
95,000 Niagara Share (Mo) deb 534s.-.-.1959 MN
78,000 Nord Ryaextls f 634s...........1959 A O
87,000 ♦{♦Norfolk South 1st A rei 5s A..1961 FA
♦Certificates of deposit
68,000

Sale

17

Feb.
Feb.
Feb.
Feb.
Feb. 10
Feb. 10

Sale

1634
1634
1634
1634
1634
1634
2034

82

{♦N Y Pro? A Boston gen 4s... .1942 A O
N Y A Putnam 1st con guar 4s. .1993 k O

22,000

II*

....

.1957 MN
♦1st A ref 434* ser of 1927.... .1967 J D
♦
-farlem RAP? Ghes >st 4s.. .1954 M N
.1992 M S
t*N Y Oat A West 1st g 4s
♦Debenture 4s

18
18

W*

.1966 MN
♦Convertible debenture 3H*- .1956 J
J
♦Convertible debenture 6a... .1948 f
J
♦Collateral trust 6s.......... .1949 A O
♦Non-con? debenture 4s.

1234

1634
1634

♦Non-conv debenture 334s... .1947 A O
♦ Non-con v debenture
3)4*--- .1954 A O
♦Non-con? debenture 4s..... .1955 J
J

1934

67" "Feb"

23

8

104 *4 Jan.

10754 Feb. 28 10834 Feb. 14
4 94
Feb. 24
9234 Sale
9134 Feb.
4
9
98
Feb.
9734 Sale z9634 Feb.
12
Feb.
4
1434
1634
1634 Feb. 23
15
Sale
4
934 Feb.
1534 Feb. 17
53

70

115

10754
9134
9634
1034

Feb.
Feb.

10034 Feb.
103

Feb.

9834 Feb.

"7

Feb".

11

7 10334 Feb.

16

118 34

9 101
Feb.
2
3 10434 Feb. 26
Feb. 25
16 100

125
118

"29

70

Jan.

3
654 Jan.
Jan.
28 107

13
11
5
18
25

Jan. 24 10834 Jan.
Jan.
4
Feb.
Jan.
4
Jan. 31
Feb. 23
5
Jan.

II4

934 Feb.

4

Jan.

\m Feb.

27

11734 Feb.
10034 Feb.

Jan.
53
7 119 J4 Jan.
Jan.
7 104

10034 Feb.

9 104

51

117;
100 j

Jan.

434 Jan.

15

10634 Feb.

10734 Sale

ali754 Sale
10234 Sale

64

534 Feb. 19

4

Jan.

17
13
3
11

5

Jan.
7
Jan. 24 105
9834 Feb. 16 10334 Jan. 12

101

11654 Jan. 28 II654 JanT"28

{♦Northern Ohio Ry 1st guar 5s.
Oct 1 1934 and sub coupons... 1945 A O
♦Oct 1937 and sub coupons.... 1945

70

.

..

32,000

♦Ogden A Lake Ch 1st guar g 4s. .1948
1948
♦4s stamped.........
1943
Ohio Connecting Ry 1st 4s
Ohio Edison 1st mtge 4s......... 1965
1st mtge 4s................... .1967
...

258.666
158,000
131,000

161",000

70

J
Q f
Q
J

J

J

J

J

J

A

O

J

J

j: j
M

8

MN

M S

1972 J
J
1st mtge 334*——
Ohio Indiana A West 5s...Apr 1 1938 Q-J
{Ohio Pub Service 7s series B... 1947 F A
Oklahoma Gas A Elec 334*...... 1966 J D

.1946 J D
4s debentures.....
81,000
40,000 Ontario Power N F lat 5s........ .1943 F A
15,000 Ontario Transmission 1st 5s..... .1945 MN
132,000 Oregon RR A Nav con g 4s..... 1946 J D
.........

4 000

Oregon 8hort Line 1st con g 5a.. 1946 J

...

....

For footnotes,seepage30.




70

....

60

70

8634 Sale
5634 Sale

9254 Sale
6154 Sale

8534 Feb.

4

Feb.

4

62

Feb. 26

50

68

67

6334 Feb.

4

70

Feb.

18

62

Jan.
Jan.

Feb. 10

71

Jan.

Feb.
Feb.
Feb.

6434 Jan.

Sale

7934 Sale
70
Sale
7134 Sale

98
80

102

10234

J

11

13
12

10

10834
10234
10134
9634

1034
9

108H
Sale
Sale
Sale

109»n
10134 Sale
9934 10134

Sale

55

9254 Feb. 25

4 8334
Feb.
8 74
6934 Feb.
7 78
6934 Feb.
10134 10234 10134 Feb. 21 102

8034 Sale

78

74
75

17
17
8

14
Sale

I6634 Sale"
9934 Sale
9534 Sale

11

14

1034 Sale

7934 Jan.

64

Jan.

10134 Feb.

10334 Sale"
10234 10234
973* Sale

13

834 Feb.

1034 Feb. 14

4

10334 Feb. 28
10234 Feb. 25

9934 Feb.
99 34 Feb.
9434 Feb.

98

Feb. 26

Sale
113

Sale
116

~ 11734

.....

99

10034
11234
11134
10654
113

11434
Sale
Sale

It*

103

100
72
45

Sale
Sale

x8ft

Sale

10034

11.3 34 11234
Sale

Sale

Sale

16934

ism

Feb.
1
Feb. 24 -00 34
11234 Feb. 28 11334
1 113
11134 Feb.
10634. Feb. 10 10834
99

m

99

If*

Sale
Sale

72
47

Feb.

Feb.
Feb.

1

9

Feb. 23

Feb. 15 10654
4 11334
Feb.
2 11534
Feb.
Feb. 11
9934
2 100
Feb.
Feb. 24
6734

47

Feb. 28

11534
11534
10534
100*32

2

Feb.

28

10754 Sale

10934 Sale

10754 Feb.

1

Sale

10434 Sale
10034 Sale

106

Sale

10434 Feb.

1 10634 Feb.

10234 Sale

10034 Feb.

1 10234 Feb. 26

53

II*
nit!

.7354

115
11334 Feb. 11
2
11534 Feb.
11634
Feb.
4
10334 Sale lOli
Feb. 23
10034 99Jl32 10054 100
Sale

Sale

Feb. 28

Sale

Sale

834
10834
9954
9934
9434

76

Jan.

7
12
13

§5*

Jan.

11

Jan.

10
14
8

9354 Jan.

27
27
27
26

Jan.

27
79
27
80
21 102

Jan.

Feb.

Jan. 10
13
Jan. 10
Jan. 18
Feb.
4 12
3
Jan.
3 108H Jan.
Feb.
2 10334 Feb. 28
Jan. 26 10234 Jan. 18
Jan. 19
Feb.
2 98

1097» Jan.

-

1st guar cons 5s stamped...... ,1946 J
J 117*;
1,000
249.000 Ore-Wash RRANav 1st Aref 4s... .1961 J J
tOslo Gas A Elec extl s f g 5s.... ,1963 M S
6,000
1962 J
J
44,000 Otis Steel 1st mtge 434* A
1946 J D
1,000 Pacific Coast Co 1st g 5s..
,1964 J D 10934
166,000 Pacific Gas A El 4a ser G
1st A ref mtge 334* ser H...... .1961 J D 10534
144,000
1st A ref mtge 334* ser I
1966 J D 10134
327.000
....

70

J

J

.....

9234 Sale
6234 Sale
73
77
8734 Sale

J

J

.....

6634

70

♦Stamped as to sale of April 1 1933
to April 11937 ind- coupons. 1945

448,000 Northern Pacific prior Hen 4s— 1997
Gen lien ry A Id gt 3s
Jan 2947
262,000
Ref A Impt 434s Series A..... 2947
142,000
Ref A Impt 6s Series B....... 2947
628,000
Ref A Impt 5s Series G....... ,2947
37.000
Ref A Impt 5s Series D....... 2947
74,000
7,000 1 Northern Ry of Calif guar 5s... .1938
.1944
N'western Teleg 434s extended

70

10954 Feb.

I

24
26

Jan.
Feb.
Jan.
Jan.

Feb.
Feb.
Jan.
Jan.

11 109^32 Jan. 11
31 10234 Feb. 28
24 10054 Jan. 25
3
4
10
11

11334 Feb.

9

113

Feb. 23

110

Jan.

11634 Jan.
28 11834 Jan.
27 10654 Jan.

10
17

10
13

3
Feb. 23 10034 Jan.
Jan.
4
7434 Jan. 10
Jan. 18
50
45
Jan. 26
10754 Jan. 27 10954 Feb. 24
10454 Jan.281 10654 Jan. 19

10054 Jan.

24 10234 Feb. 26
I

N. Y. STOCK
Sales in

N. Y. STOCK EXCHANGE

1938

Pacific Tel Ac Tel

334«

Ask

Bid

Ask

Ask Bid

103

.1966

10234 Sale

103

103

109

103

100

Sale

10034 101

.1966

B

ser

Ref mtge 3^8 series C..

54,666

Paducab Ac Illinois lsf s
Panhandle Eastern Pipe

11,000

Paramount Broadway Corp—
1st mtge s f ft 3s loan ctfa..... .1955 F

f 4 Ma.
L 4s A. -1952

88

109

99
A

5934

J

9134
7134

63

78

Sale

6634

85
Sale

5934

61

78

1

Feb.

Highest
Sale Prices
82
Jan.
6
29
70
Jan
19
19
25 10434 Jan. 1(
1.
10
1.
3
28 10434 Jan

Sale Prices

Sale Prices

Sale Prices

78
Feb.
7534
85
6634
84
Feb.
10434 10434 103
10434 Sale 10234 Feb.

.1*38

....

Lowest

Highest

Lowest

Feb. 28

.1956

2d extended Hold 5s

108,666

Feb. 1

9234
10334 10434
104 34 Sale

82

.1938

Pacific RR of Mo lit est 4s

112,000

1

Jan. 3

Bid

4,000

RANGE SINCE JAN.

PRICES IN FEBRUARY

Price

BONDS

February
Value

EXCHANGE—BONDS

78
70
103

1

24
1 10434 Feb. 16

1 10434 Feb.

Jan
Jan.
Jan.

10234 Jan.

109

9934 Feb.

Feb.

24

9934 Jan.

Feb.

24

Feb.

17

58

Feb.

24

6134 Jan.

19

9234 Feb. 26
7434 Feb. 18

90

Jan.

4

9734 Jan.
7434 Jan.
9234 Feb.

17
15
1

70

Jan.

26

28
13
21

1 101

Sale

59

58

Feb. 24
Feb.

Feb.

60

7 101

Paramount Pictures Inc—■

84,000
90,000
37,000
5,000

~"i",666

s

f debenture 6s............. .1955 J
.1947 M

334s

conv

debenture

8

...

s

92

Sale

9134

Sale

72

Sale

73

Sale

88
42

Sale
9034
44

72

92

Sale
7334

f 5His.. .1968 M 8
.1944 A O
Parmelee Trans conv deb 6s
Paterson 5c Passaic G 3t E 5s
.194? M 8
•Paulista Ry 1st 5c ref 7s ser A.. .1942 M 8

Paris-Orleans RRExt

91

40

41

118

122
75

11834 12134
70
74

3
1

Feb.

70

7134
8834
3834
11834

1

Feb.

8834 Feb. 26
39
Feb.
8

11

'Feb'.'"23

Feb. 23

Jan. 27
Feb. 26
Jan.
Jan.
3 45
Jan. 21 11834 Jan.

70

Jan.

Pennsylvania Co—

:■

Guar 3^s coll tr ctfs ser B
1941 F A
Guar 5 334* tr ctfs series C...1942 J D
Guar ft 3Hi tr ctfs series D
1944 J D
40-year guar tr ctfs 4s Ser E..1952 MN

5,000
5,000
10,000
6,000
210,000
22,000
3,000

.....1963 F

28-year 4s
Penn Dixie Cement 1st 6s A

1941

103
104

10234 103

A

100

Sale

80

Sale

D

9
10534 10334 Feb.
10134 10334 103
102
10334 Feb. J4
10234
2
10334 10334 Feb.
10334
10134 101J4 Feb. 17
10234 104
3
94
Feb.
9534 Sale
9534
97
3
82
77
78
8334
7734 Feb.
103 34 Feb. 16
104
Sale
10334 105
.....

M S

434a..1960 J

Penn Glass Sand 1st mtge

10234 10334

103

26

10354 Feb.
103 34 Feb.
10334 Feb.

9

5 10334 Jan.

14

8 10334 Jan.

Feb.

25

10134 Jan.
10234 Jan.
2 10334 Jan.
104
Feb. 15 10134 Feb.
94
Jan.
9634 Feb. 15
83

77

10334 Jan.
104

Fen.

10034 Jan.

Jan.

83

10

8

15

13

Feb.

25

104

Feb.

1

10334 Feb.

104 34 Jan.

20

1 102

Feb.

10

9734 Jan.

29 10434 Jan.

6

9934 Feb.

5

9234 Feb.
10834 Jan.

Penn Ohio Ac Detroit RR—

1st 5c ref gold 434a series

70,000

Penn RR consol gold
Consol gold 4s

69".666

Gen mtge

145,000
243,000

354 s series C

1970

1952
1943
1947 M S

...

Peoria 8c East 1st
♦Income 4s

cons

1940 A O
1990 A O

4a...

(flat)

Peoria 8k Pekln Un 1st 534» A...1974 F
Pere Marquette 1st 5s series A...1956 J

A

1956 J
1980 M

l*t g 4)4* series C

Phelps Dodge

conv

A

114

Sale

113

11634

95

Sale

102

11134 Sale
9034 Sale
10134 Sale
10034 Sale
8734 Sale
11534 11634
10934 Sale
61

""534
.105
80 34

934
107

76

90
Sale

10234 Sale
10934 11034
114
12334

J

103

114

1981 J

D

109

115

gold 5s.1967 J

D

Sale

J
f 4s 1937 J
Plllsbury Flour Mills 20-yr 6s
1943 4 O

9334
10634
1634
434
1034
10834

1952 M N
1952 M 8

73"

1967 M

8

1973

Phlla Electric 1st 8c ref 334*
{♦PhMa Ac Read C 8k I ref 5s

J

J

1949 M

♦Convertible deb 6s

t'♦Philippine Ry 1st 30-yr

8

s

Pirelli Co (Italy) conv 7s
Pitts Coke 8k Iron conv 434« A

P C C & St L g 434* series A
.1940 A O
Con 434a series B guar g..... .1942 A O

5,000

"2,006

32.666
33,000
125,000
10,000

69,000
.2,000
2,000

5,000
575,000
67,000
16,000

62,000

27,000
53,000
151,000
14,000
128,000
53,000
162,000
156,000
189,000
117,000
7,000
24,000

Sale
11

1st mtge 434s series C........
Pitts Y 8k Ash 1st gen 4s ser A.
1st gen 5s series B
1st gen 5s series C...........

.1977 J

J

.1943 MN
.1958 J D

.1959 A

O

.1960 A O
.1948 I D

.1962 F

10834
11034
11034
11034

-C-

ill*:::

52

10934 11034

Pressed Steel Car deb 5s
1951 J
{♦Providence Securities deb 4s gul957 M
{♦Providence Terminal 1st 4s... 1956 M
**

D

J

J

s f g 5s
1948
{♦ Radio Keith Orph pt pd ctfs
for deb 6s 8k com stk
(65% pd)
♦♦Debenture gold 6s....
..1941

76

J

534

N

84

1997

81

10
Sale

M

8

11234
78

Sale

106

Sale

80

Sale

J

9934 100
32
2634

J

19

22

30

Sale

♦Direct mortgage gold 6s
1952 M N
♦Cons mtge 6s
1953 F A
♦Cons mtge 6s with warrants.. 1955 A O

28

30

28

30

28

30

~4",606

deb .......1952 M

8
J

104

A

45

93,000

{♦Rio Grande June 1st guar 5s
1939 I
♦Rio Grande Western 1st g 4s
1939 J
♦ 1st con 8c
coll trust 4s series A.1949 A

62,666

Rochester Gas 8c El 434* aer D...1977 M S
Gen mtge 5s series E
......1962 M 8

35,000

♦{♦Rock I • Ark 8k Louis lat434s ..1934 M 8
1948 A

1,000 ♦Rutland-Canadian 1st guar g 4sl949 I
♦4s stamped
I.OOOJ
...1949 J

178,000
78,000
16,000

Safeway Stores

s

O

O

J

footnotes, see page 30.




"55"

26

D
J
_

6834

4034
15 34

85

Sale

64 34
107 34

"87""

11934
103 34
'0934
9034
9834
9834
8434
11634
11034

Feb.

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

9

3
21

7
25
8
9

72

7534 Feb.
6634 Feb.

15
10

66

Feb.

2

Feb.

10734 Feb. 24
10934 Feb. 24

Feb.

115

Feb.
Feb.
Feb.
Feb.
Feb.Feb.
Feb.
Feb.

11034 Feb. 21
1
10834 Feb.
1
9034 Feb.

Feb.

107

10834 Feb.

Feb.

Feb.

5

24

1834 Feb. 18
634 Feb. 21
31
109

Feb.

106

87

Feb.
Feb.
Feb.

17
1

17 10834 Feb.
1 11034 Feb.

3

10
3
3

11634 Jan.
11234 Jan.
60

ll
10

22
17

Jan.

8

834 Jan.

14

107

Jan.

18
4

Feb.

8034 Jan.

63

Feb.

7534 Jan.

62

Feb.

76

105

Jan.

5
Jan.
3
102
Jan. 28 10734 Jan. 10
107
Jan. 28 110
Jan.
8
114
Feb. 19 115
Feb.
5
10734 Jan. 31111034 Feb. 21
107
Jan. 25,109
Jan.
5
3
9534 Jan.
8634 Feb.

10734 Jan.
20

1434 Feb.
434 Jan.
11

3?*

Jan.

80

Jan.

19

Jan.

19

Feb.

21

Feb.

109

Feb.

12

10834 Feb.

Jan.

17
31

87

Feb.

28

10834 Jan.
11034 Jan.

10834 Jan.

108

28

Jan.

Jan.
10134 Jan.
10134 Jan.
89
Jan.

Jan.

Feb.

6

U,K Jan.

Jan.

Feb.

7
3

11134 Feb. 19
3
9534 Jan.
12034 Jan. 12

Jan.

6

62

10834
10934

95

105

1

63

Feb.

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
9534 Jan.

17

72

108

10834
8834
11734
9934
10534
8034

Feb.

Feb.

28

70

84

Jan.

834 Feb. 26

55
107

Feb.

Jan.
10934 Jan.
114
Jan.

Jan.
Jan.
Feb.
Feb.

9

Sale

Sale

109

7934
11634
10934
5234

26

Sale

6
5

107

l07"" l09'

109

122

110

120

109

Feb.

16

107

Feb.

4 117

Feb.

4

117

Feb.

107" "Feb. 17
117

Feb.

i7

109

Feb.

16

4 117

Feb.

4

110

10734
10834

Sale
Sale

100

Sale

104

108
50

4934
4934
10834
9934
9934

i 1234 Jan"""6

107

Feb.
Feb.
Feb.

10534 Jan.
10434 Jan.
Jan.

27 11234 Jan.
26 104 34 Jan.

14

98

]91* "45""
42

Feb.

106

Jan.

28 108

Feb.

10

5534 Jan.
5534 Jan.

21

1 10934
10934 10734 Feb.
10734 Sale
10734 Feb. 28 10934
4 10134
101
10134
9934 Feb.
108
Feb. 10 108

4934
4234

42

42

10834
11534
9934

53
Sale
106
4734 "45""
1334 Sale
1434
10434 Sale
10434

4934

103 34
44

80

534

Sale

834

"84"" "8434

75

42
42
108

Sale

Feb.
Feb.
Feb.

27

Feb.

18

42

Feb.

18

46
Feb.
3 108
Feb.
28 11534 Feb.

11

42

Feb.

19

3

108

Feb.

3 10934 Jan.
28 11534 Feb.

18
19

42

634

11534 Feb.

1
5434
4934 Feb.
10234 Feb. 26 10434
43
Feb. 19 4434
5134
Sale
3
16
1234 Feb.
105
10534 10434 Feb.
80
Feb.
8234
8034

Sale

103

'

87

28

11534 Feb.

Feb.
Feb.
Feb.

25

Feb.

24

4834 Jan. 27 55
10234 Feb. 26 104 34
43
48 34
Feb. 19
18
5
1234 Jan.
10334 Jan. 14 105

8

9

Feb.

8

Feb.

3

4

21
17

28

Jan.

15

Jan.

8
10

Jan.
Jan.

5

Feb.

8

Jan.

8

82

Jan.

534 Jan.

8

Sale

8434 Feb.

2

8734 Feb.

14

10834
934

78

10534
80

19

1034

23
Sale

24

2534
2634
2534
9134
10434
40
42

2?*
11

1734
1034

J

14

J

1234

1947 J

D

....

1

67

Feb.

23

Feb.

8834 Feb. 24

Sale

83

Sale

97

Sale

90

Feb.
Feb.

4
1
3

Sale

Sale
Sale
32

70

66

7

8

Jan.

18
10

80

84

Jan,

66

Feb.

16

6034 Jan.

27

3

8734 Feb. "14

8234 Sale
10534 Sale
8234 Sale
10034 Sale
3534 Sale

78

Feb.

99

97

Feb.

28

90

84

101

Feb.

32

Feb*.

32

2934
3034 Sale
3034 Sale
3034 Sale
9634 Sale

2734
2634
2634
9134

Sale

25

104 34
"52 34 47
45
31
Sale
42

17

Sale

Feb.

10634 Feb.
8334 Feb.

10434 Feb.
7934 Feb.

Feb.

15
5

Jan.

28

93

Jan.

28

Jan.

9334 Jan.

11
4

3

97

Jan.
Feb.

28

118

4

28

99

9

Sale
14

1134

Feb. 15
4
Feb.
8
Feb.
1
Feb.

22

IS*

1234

1034

28

28

26

Jan.

17

28

2634 Jan.
9034 Jan.

20

*

28

Feb.

4

1

4434 Feb.

18

18

16

Feb.

8

18

24

50

Feb.

9

Feb.

21

Feb.

12

Feb.

10

12

3234

1034 Feb.

16

15

15

Feb.

23

15

11

10

Feb.

4

Sale

101

Sale

101

Feb.

Sale
10934

101

Sale

102

Sale

101

Feb.

10734

10734 Feb.

94

94

94

9734

9834

96

1
1

9

27

Jan.

25

30

Jan.

3

2734 Feb.

15

3034
3034
3034
9634

Feb.
Feb.
Feb.
Feb.

28
28

50
41

Jan.

3

"47" "Feb". "28
Jan.

21

4034
1534
11834
10834

Jan.
Jan.
Jan.
Jan.

4

9

Feb.

1

25

26

Jan.
Feb.
Jan.

27

n»
is*

Feb.
Feb.
Feb.
Feb.

10

1234 Feb.

16

2034 Jan.

10

10

Jan.

4

1034 Feb.

16

934 Jan.

8

Feb.

23

12 34 Jan.

24

934 Jan.

28 10234 Feb.
1 10234 Feb.

5

Feb.

101

Feb.

23

10034 Jan.

3

10734 Feb.

Feb"."

11

8 110

Feb.

1234 Feb.

28
28

4434 Feb.
2034 Jan.

28 119

934 Feb.
2234 Feb.

15 108

21

Jan.

41

10234

28
28

Feb.
Feb.
Feb.
Feb.

"

28

Sale

7 101
Jan.
7
3534 Feb.
24
Feb.

3034
30 34
3034
9634

Feb.

15

11
19
11

20

4234 Feb.

20

Feb.

2834 Jan.

12

28

!!*
1034

Jan.

Jan.

8734 Jan.

16 10834 Jan.
88 34 Jan.
29

29

Feb.

27

"47 "

Jan.

24

11834
Sale

75

78

116"" 10834 10934 10834 "Feb". 17 lio" "Feb". "2

10634 108

75

4

10434 Feb.

15

3534 Feb. 28

2034 Feb.

"2934

Feb.

7934 Jan.

Feb.

114"" Feb". "9 11134 "Feb". "4

11134 Feb.

24

30

88

81
82

110

21

10

I

108

Feb.

3

81

18

3234

10134
10034

73

6334 Feb.

9934 100

?7*

IK"
11

16

Sale
Sale
Sale

66

U2"' 11234 11234 Sale

2134

119

Feb.

6534
8834
8734

70

110

42

J

Saguenay Pow Ltd 1st M 434s...1966 A O
St Jos 8k Grand Island 1st g 4s..1947 1
J
St Lawr 8k Adirondack 1st g 5s..1996 J
J
2d gold 6s
1996 4 O

For

9034 Sale

1941 J

g 434s...1941

f deb 4s...

10834
10834
10834

110

J

cons

'8134

91

92

1946 J

♦434« stamped.....

a*

Sale
10334
10934 11034 108
114
115
11434
108
10934 10834
10734 10834 10734
8634
8934 Sale
Sale
107
10534
1434
1634 Sale
Sale
6
434
Sale
1634 Sale
1414
Sale
10834 Sale 10834
10034
10034

83

A

Richmond Term Ry 1st guar 5s..1952 J
♦Rlma Steel s f 7s.
1955 F

2,000'

Sale

Sale

1954 MN

1961 F

Richfield Oil 4s

19,000

6634
Sale

Sale

1953 I

♦Rutland R R 1st

Sale

6134
8334

1956 MN

♦Ruhr Chemical 6s

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

12034 118
Sale
10134
Sale
Sale
10734
Sale
Sale
89
8134
Sale
9634
9834 Sale
Sale
Sale
98
9634
Sale
8034
8434 Sale
118
117
11834 11634
Sale
11034 110
10934
Sale
56 •
50
5234
7
Sale
634
107
10534 107
10534

10754 109
11434 116
10834 Sale
10834 Sale
9034 Sale
10534 Sale
1634 Sale
454 Sale
23

94

Feb.

10334
10834

73

♦Rhine-West Elec Power 7s..^..1950 MN

9.0001

119

90

J

J

20,000
9.000
32,000
40,000

30",066

Sale

Sale

75
9SK
7434 Sale
9334 Sale
9234 106

D
O

W..1956

5134
Sale
Sale

4&S..1956 J

conv

104

11134 Feb. 23
11134 Feb. 19

10934 Feb.
11034 Feb.
90
Feb.

101

D

1951
1997

♦Rhelnelbe Union s f g 7s
♦Rhine-Ruhr Wat Serv 6s

7534
6334
6434

9234 Sale

14

8
°

Rensselaer 8k Saratoga 1st gu 6s. 1941 M N
Republic Steel Corp 434s ser A..1950 A O

Gen mtge 434* series C
Revere Copper & Brass 1st

45

J

purity Bakeries Corp

Gen mtge 434■ series B
Purch money 1st 534a conv

9234 Feb.

D

1234
10434

w

6

60

t'♦Postal Teleg 5c Cable coll 5s. .1953 J
Potomac Elec Power 1st M 334S..1966 J

Remington Rand deb 434a

55
105

...

5034 Sale
10334 10434

Gen 8k ref 434s series B

11634
10934

Sale

.....

117

105
Sale

...

Portland General Electric 434*—1960 M S
1st 5a 1935 extended to 1950....
J
3
Porto Rlcan Am Tobac conv 6s..1942 i
J

Read Co Jersey Cen coll g 4s
Gen 5c ref 434s series A

9734

99

—

A

.1974 J
.1977 J

!!*
97H

109
80

11634
11234 115
11034 11634
10434 Sale
108 34
5034
78
5034
59

........

10834

16634

Con 434s series J guar....... .1964 MN
Gen guar 5s series A
.1970 I D
General g 5s ser B
.1975 A O

1st 434a aeries D_.

433,000
30,000

Sale

110

.

"7",066

Sale

Con 4s series F guar g
.1953 I D
Con 4s series G guar g....... .1957 MN
Con 4s series H guar g....... .1960 F A
Con 4>4s series I g
.1963 F A

General 4 34s series C
Pitts Va 5c Char 1st guar 4a
Pitts 8k West Va 1st 434s ser A
1st mtge 434* series B
...

90

118

Sale

Feb.

10134

101

111
109
10834 111
10934 Sale
11134 Sale
10934 11634 11034 112

12034

1977 J

General 434« series D
Phlla Company secured

Con 4>4a aeries C guar g
.1942 MN
Con 4s series D guar g....... .1945 MN
Con 334a series E guar g
-1949 F A

•

Sale

84

8

1974 F

...

2,000
2,000

J

1952 J D
1943 M.N

3 Ha deb

Phlla Bait 8k Wash 1st g 4s
General 5a Series B
Gen g 4Ha series C

25~, 606

99

J

1st 4s Series B

1,757,000
19,000

10034 Sale
10934 11034

120

Gen mtge 434s series E........1984

Peoples Gas 8t Coke 1st 4s
Refunding gold 5a

Sale

106

General 434s series D.........1981
Con? deb 33*8

99

O

A

General 5s Series B...........1968
Debenture gold 434a
1970

12,000
21,000
5,000

: 184,000

M N

Consol 4H> Issue of 1915......I960
General 4 3* a Series A.........1965

72,000

•

4s........1943

.......1948 M N
Stamped dollar bonds...... 1948 M N

13,000
170,000
47,000
579,000
200,000
338,000
450,000
253,000
380,000
1,000

143,000
17,000
207,000
368,000
7,000
15,000
9,000
16,000
250,000

10334 10434

434s series B
..........1981 J
Penn Pow 5c Lt 1st M 434*——... 1981 A O

640",666

■'

1977

A

\

28 104
4

Jan.

11

10234 Feb. 23

15 109

Jan.

19

March, 1938]
Sales in

1938

Feb. 1

Ask

Bid

Bid

Ask Bid

Ask

At Gulf Dl» lit 0 4i__-193.< M N
♦Certificates of deposit

&

67
80

58

54%
i5%

Sale

67

15

194*

"j

1955

J

65

73

60

77

1950

J

13%

Sale

13

Sale

12%

Sale

Jo2*

13%
Sale

10%
12%
10%
10%

Sale

10

15
13%
14
14
Sale
62%

35"666

♦Prior Hen 4a aeries A

♦Certificates of deposit
♦Prior Hen 5s aeries B

1950 J

♦Certificates of deposit..
♦Con M 4%s aeries A

"j

1978 MS

♦Certificates of deposit stamped
{St Louis Southwest 1st 0 4s
1989 MN
♦2d gold 4s income bond..Not 1989 J
♦♦1st terminal & unlf 5a......1952 J

J
J

1990 J

J

4a.. 196* J

D

{♦St Paul B Grand Trunk 4%a .1947 I
{•St Paul & K C Short L guar 4%«194i F

J

♦Gen & ref 5a series A
St Paul 8c Duluth 1st

consoi

A

11%

65*
29%
20 %
15%

35*

II*

96

9% "25"
8% Sale

St Paul Minn & Manitoba—

9,000
13,000
82,000
58,000
12,000
3,000

15~66O
2,000

J

tPaciflc Ext sterling guar 4s.. 1940
St Paul Union Depot 1st 5s guar. 1972 J

101

J

118* 119

J
San Ant 8c Aran Pass 1st guar 4s_l94?
J
San Antonio Public Serr 1st 6s A. 1952 J
M N
San

109%

Santa Fe Prose Ac Phenlx 1st 5s..l94? M

S

194t

{♦Schulco Co guar 6Ht
♦Stamped

J

1946

AO

J

.....

♦Guar sinking fund 6 %a B

19,000
144,000
3,000
403,000
53,000
3,000

87,000
4,000
288,000
31,000

1989
♦{♦Seaboard Air Lino 1st g 4s ..1956
♦♦Stamped 4s
1950

M N

15%
4%

A

4%

2,000
34,000
209.000

S

75,000
173,000
9,000
157,000
68,000
42,000

$9,000
64,000

1952 J

D

4%

81*
77%
75 %

1951

Skelly Oil debenture 4s

97

Sale
Sale

21

Sale

113%
13%
15

3%
6%
4%
9%
8%
22

9%

1961

4

101%
66

54%
98%

61%

63% "68"

98%
68%

7% Feb.
100

80

97%

100

Sale

92

Sale

1st mtge pipe line 4%«
1951
Sou Pac Co 4s Cent Pac coll Aug. *49 J
1st 4%a (Oregon Lines) ser A..1977 M

97%

Sale

66%
75%

Sale

Sale

M

61%

Sale

59%

"75"

107%
107%
93%
90%

Jan.
Jan.
Jan.

Feb.

24

Feb.
Feb.

24

12

Feb.

8

Fee.

25

Feb.

23

4

Feb.

24

10% Jan. 29
9% Jan. 28
4
9% Feb.

3

Feo.

25

50

8

10
4

8
1

Sale
Sale
Sale
Sale

Feb.

93

75

"25"
Sale

4%

11
0

Feb.

4

Feb.
2 117% Feb.
1
74% Feb.

7
14

Feb.

9

Feb.

23

108

8 110% Feb.

16

110

4 100%

21 110
4 110

15

100

116% Feb.
69% Feb.
109% Jan.
Feb.
Feb.

7

5

Jan.

62

Jan.

5

18% Jan.

15

68

Jan.

28

15

Jan.

10

Jan.

10

Jan,

12

Jan.

10

Jan.
11% Jan.
67% Jan.

10

Jan.

25

m
11*

12
17
32% Feb. 25
24% Jan. 13
Jan.
7
17
Jan. 21
98
5
9% J an,
9% Jan. 15

102%

2 118% Jan.
1
81% Jan.

4

110% Jan.

25

6

4

Jan.

6

8 112% Jan.
Jan.
20

4
31

4 110

17% Jan.

8

8%
Sale

9%
24%

5%
Sale
Sale

6%
8%
7%
19%

Feb.
Feb.
Feb.
Feb.

4% Feb.

1

3
4

2

3

10
4
11

Jan.

Jan.

26

10% Jan.

7% Jan.
19% Feb.

26

Jan.

11
10
10

5

10
14

Feb.

11

4% Feb. 11
101% Feb. 28

4% Feb.
98% Feb.
58
Feb.

66
7

Feb.

19

69

Feb.

26

21% Feb. 21
75% Feb. 28

87
Feb. 15
3
99
Feb. 25
17
3 106% Feb. 25

8

4

Jan.

Jan.

3

28

5% Jan.

10

4% Jan.

7

2

11

69

61% Jan.

77% Jan.

107% Jan.

1
4

92

08% Feb. 21
64
Feb.
9
69% Feb. 25
58% Feb. 24

95
52

Jan.

18

120% Jan.

Feb.

107

7

19
4

108

104

101% Jan.

95% Feb. 26
91% Feb. 17

3

Jan.

99% Jan.

88

105% Feb.
114

Feb. 26

21% Feb. 21

20% Feb.
.72% Feb.
79% Jan.
97
Jan.

4

Feb.

22

28 101% Feb. 28
12
66
Feb. 19

3

59

26

Feb.

1 108% Feb.

Sale

11
11
27

Jan.

14 108% Feb.

Sale

9%

25

Jan.

28

3

8

Jan.

4

Feb.

3

Jan.

28% Feb.
27

97

1

1 104

23

54

4 117% Feb.

Feb.

66%
57%
56*

17% Jan.
4% Jan.
8% Jan.

4

95

60

Jan. 27
3
Feb.
Jan. 28
4
Jan.

Feb.

6

7

98%

Jan.

12%
3%
5%
6%

Feb.
Feb.

89% Feb.

Sale

14

Jan.
27 114
29
14% Jan.

Feb. 10
Feb. 11
Feb. 10
Feb. 23
Feb. 15
2
Feb.

Sale

Sale

Jan.

4%
8%
7%
9%
8%
19%

10

59

11

14

10

95%

4

Jan.

16

72% Feb.

63%
55%

18

Jan.

3

63% Feb.
20% Feb.

Sale

Jan.

3

72

Sale

17
25
27

10

Sale

92

7
11

20% Feb.
28% Feb.

18

14
Feb.
13% Feb.
3% Feb.

102% Feb.
107% 108% 107% Feo.
108% 109% 107% Feb.
92
Feb.
94
96

104

Feb.

9% Jan.
7% Feb.

11

24

93

3

8
26% Feb.
18% Jan. 26
4
14% Feb.

Feb.

7

Feb.

26

23

32% Feb. 25
22% Feb. 15

9% Feb.

11

Feb.

91%

Sale

14%
12%
14%
12%
13%

4

Feb.

Sale
82
Feb.
87
83
86%
Sale
97% Feb.
98% 99
98%
105% Feb.
106% Sale
106% Sale
Feb.
112% 115% 114
117% Sale

102%

16

64

114

20

27

20

101% 102%
107% Sale
107% 107%

1965
Southern Colorado Power 1st g 6s '47
Southern Kraft Corp 4#s...
1946

5%
Sale

Sale

55

26

12
Feb.
10% Feb.
10% Feb.
9% Feb.
50
Feb.
26% Feb.
18% Feb.
14% Feb.
93
Feb.

32%
32%

4% Sale

67

118

1962

Southern Calif Gas 4%»
1st mtge & ref 4s

4%
3%

106% Sale

Socony-Vacuum Oil deb 3%«
1950
South Ac Nor Ala gu 5s..........1963

|Southern Bell Tel Ac Tel 3%»

4

Sale

18

14

21

17% Feb.

26

8

21
v

17

60%

1947

deb 4s

Sale

Sale

Sale

J

♦♦Siemens Ac Halskesec s f g 7s.. 1935
M 8
♦Debenture s f 6%«
1951
♦Silesia Elec Corp 6%s._ .——.1946 F A
SIlesian Am Corp coll tr g 7s
1941
con?

Sale

4%

Shinyetsu El Pow 1st AHs

Simmons Co

14

17%

Sale Prices

24
28
6
31

11% Jan.
10% Jan.

8

193?

1951 M

3%«

J

49",005

p

22

"14""

3%
6%
6%
8%
8

Sale
Sale

♦Certificates of deposit
Shell Union OH deb

I*

9%
14

14

Jan.

65

11% Feb.
10% Feb.

Feb.
103
100
117% 116% Feb.
116%
69% Feb.
70"" Sale "74% Sale
109% Feb.
109%
109% Sale
Sale
108
Feb.
110
109
108
110
Feb.
111
110%
28
19% "22"
18%

111

~15%

34*

100% 103

32%

4

♦Certificates of deposit....
Series B

8%

28

14

Feb.
57% Feb. 28
2
16% Feb.

58

57

61 % Feb.
60
Feb.

"24" "

9

28

14

M*P

l%y*
93

20

115

Sale

Sale

20

24

A

♦Certificates of deposit

64%

30

O

♦♦Atian-Blrm D1t 1st g 4s.May 193:
{Seaboard.All Flo 1st 6a A
1935

Sale

32%

O

O

10

27

A

....194'

7% Sale

Sale"

20%

1959

6s series A

24

10%
12%

27

F

♦Certificates of deposit....

8

13

13

i°5*

20

A

♦♦Refunding g 4s
cons

15
16

Oct 1949

♦Adjustment 5s

♦1st Ac

109

20

♦Stamped

,

82 %
110

112%

1965

Sclo Vail & N E 1st guar g 4s

2,000
42,000

102

J

J

Diego Cons G & El 4s

27% Sale
18% Sale
15% Sale

100

1

1

Highest

Sale Prices

Sale Prices

Sale Prices

68

12%
11%

{♦St L PeoAt NWlitSi

Sale

60%
Sale
20

57%
17%

60
17

{♦St Louis-San Francisco Ry—

58

60
20

Lowest

Highest

Lowest

Feb. 28

St L Rky M Ac Pac 5a stmpd

226,000
100,000
65,000
39,000
339,000
137,000
46,000
30,000
43,000
109,000
4,000

RANGE SINCE JAN.

PRICES IN FEBRUARY

Jan. 3

8t Lou it Iron Mtn & South—

54,000
6,000
8,000

29

EXCHANGE—BONDS

Price

BONDS
n. 7. stock exchange

February
Value

N. T. STOCK

Feb. 28

108% Jan.
108% Jan.

Jan.

18
19

Jan.

3

100

Feb.

89% Feb.

93% Jan.

8

98% Jan.
69% Jan.

10

60

Feb.
Jan.
Jan.

49

Jan.

63% Jan.
63% Jan.

Southern Natural Gas—

61,000
26,000
371,000
417,000
554,000
518,000
223,000
262,000
321,000

A

Gold 4J4«--Gold 4%«

1968

May 1 1969 M N

Gold 4%a

1981

San Francisco Term 1st 4s.
South Pac RR 1st ref guar 4s
4s stamped

347",656
843,000
322,000
478.000

"l',666
32",666
73,000
88.000
22,000
71,000
347.000
14,000
115,000
54,000

5,000
20,000
153,000
24,000
58.000
190,000
77,000
258,000

ib"66o
90,000
79,000
64,000
3,000
167,000
254,000
10,000
222,000

M

...1946 J

10-year secured 3^s

1950

A

1955 J

N

J
O
J

61

Sale

61

Sale

83% Sale
103% Sale
92% Sale

8*

Sale
Sale

77

Sale

52

72

Sale

70

§8*
80

Sale

Sale
Sale

P

Sale

63% Feb.
52% Feb.
52% Feb.

Sale

Sale

Sale

83

..1994 J

Sale

{•Spokune Internet 1st g 5s....1955 J
Staley (A E) Mfg 1st mtge 4s.....1946 F
1961 J
1943 J
deb 6s. .1945 J

Swift Ac Co 1st M 3%s

1950 M

Tenn Coal Iron At RR gen 5s
Tenn Copper <t Chem—

1951

J

J

"60""

"79""

18*
60

64

Sale

99

103

■,

Sale

73

5-

Sale

Sale

Sale

105% Feb.

1 107

121

125

119% Feb.

97

100

101

81

Sale

J

120% 122

106
115

14
Sale

Sale

Sale

105
114
Sale

108

114
Sale

95
62

95

79

110

78%

1980

Tex Pac—Mo Pac Term 5 %a A—1964 M S
J
1960 J

96
31

Third Ats 1st ref 4s

Sale

Sale

104%
116%

102%
114% 111%
Sale
78%
Sale
78%
87
78%
103% 102
Sale
29%
Sale
6%

Sale

79%
79%
103%
32%

Jan 1960 A

O

7

Sale

1937 J
1952 J

J

72%
100%

85

75

Sale

Sale

J

3

63

Jan.

3

Jan.

26

64% Jan.

3

52

Jan.

15

60

Jan.

10
4
6
12

Feb.

98

77

Feb.

104% Feb.

24

Feb.

70

97% J an,
80

Feb.

107% Jan.

109% Jan.

Jan.

103% Jan.

17

Feb.

12% Feb.
102% Feb.

14

Jan.

21

105

Jan.

8

15
3

Feb.

Feb. 25
Feb.

101

100

101% Feb. 25
100% Jan. 28
72% Jan. 12

Jan.
Feb.
Jan.

69% Feb.
Feb.

18

105% Jan.

9 119% Feb.

9

119% Feb.

4 100

Feb. 24

Feb. 24

82% Jan.
106% Jan.

14

Feb.

11

Ill

Jan.

114

102

Jan.

108% Jan.

11

15

17

77

Feb.

reu.
Feb.
Feb.
Feb.
Feb.

Feb.

102
29

8

10

8 116% Jan.

12
12
11

Jan.

Feb.

102

Feb.
Feb.

32

Feb.

85% Feb.

Feb.

III
108!*
34

Feb.

Jan.
Jan.
Jan.

14

Jan.

25
13
13

Jan.

8% Jan.
72% Feb.

6% Jan.
71

72% Feb.

13

Jan.

81

Jan.

Feb.

114% Feb.

4

106% Jan.

Feb.

104% Jan.
11
111%
78%
78%
78%

Feb.
Feb.
Feb.
Feb.

8

100

Feb.

11

Feb.

102

18

20

107

Feb.

Feb.

71
Feb.
100% Feb.

95

Feb.

9 121% Jan.

70% Jan.
104% Feb.

Feb.

85

62

15

80

86

95

Feb.

Feb. 25

2 106

4

Jan.

Feb. 24
Feb. 28

8
26

Feb. 28
3
Feb.

1
72
Feb.
79%
104% Feb. 25 105
112% Feb. 23 114
4 106
103% Feb.

Sale

1977

47% Jan.

27

45

97% Jan.

105%

106%

26

42% Jan.

72

"64%

63

58

3

7

Sale

105

Jan.

Feb.

1 108%
108% 107% Feb.
2 103%
Sale
101
Feb.
14
2
12% Feb.
15%
Sale
102% Feb. 23 104%
Sale
2 101%
100% Feb.

101
Sale

J

83

Feb.

100%

8

27

55

100%

1979

♦Adjustment Income 5s
♦♦Third Ate RR 1st gold 5s

Jan.

Jan,
Jan.

7

94%

97%

12

2000

Tidewater Assoc Oil deb 3 Hs

lEr

93

73% Jan.

Feb.

70

60

107% Sale
100% 101%

108%

....1951
.......1943

D

Jan.

65

100

.....1044
1953
S Ry 5Ht A guar.1950

ser

Jan.

4

4

D

...

Gen Ac ref 5a

63

11
10
13
11
10
5-

Jan.

83% Jan.
104% Jan.

Jan.

97

65
35

D

A..1
StLlatg4%a„„l'-^

B

67

Feb. 15
Feb. 15
Feb. 24
Feb. 25

104

First cons g 5s
Gen ref s f gold 4s

ser

76

48% Jan.
48% Jan.

69%
44%
54%
55%

13}
101}

J

......1944

Gen Ac ref 5s aeries C.....

11

A

Tenn Elec Power 1st 6s series

Gen ref 5s

Sale

80

Bast Tenn reorg lien 5s
1938 M S
Mobile 8c Ohio coll tr 4s
1938 M S
Southw Bell Tel 3%a series B....1964 J D
S'western Gas Ac Elec 4s ser D...1960 M N

T exas Ac Pacific 1st g 5s

Feb.

55

Sale

Texas Corp deb 3%a
T exas At N O cons g 5s

3

4

Sale

Sale

1 exarkana Ac F

Feb.

37% Feb.
47% Feb.
49
Feb.

Sale
Sale

50%

Cone deb 6s series B

23
9

Sale

39
48

64% Sale

Term RR Assn of

Feb.

58%
58%
75%
1 100%
1
84%

28

63

con?

23

Feb.

3

Feb.

47% Sale

♦Studebaker Corp

Feb.

4

65

1956 A
...1956 A

Derel Ac gen

Standard Oil N J deb 3s.
Staten Isl Ry 1st gu

97.% Feb.
Feb.

77

4

Sale

Sale

series A.....1956 A
Memphis D1t 1st g 5s.........1996 J
St Louis D!t 1st g 4s
1951 J

Dexel Ac gen 6s series A

Feb.
Feb.

1

98

...1955

Southern Ry 1st cons 5s...
Dots! Ac gen 4s series A..

Sale

Feb.

102

100% Jan.

3

Jan.

12

Tokyo Bloctric Light (Ltd)

873,000
35.000
1,000

"2",500

June 15 1953 J
3%a '60 J

1st M 6* S Series..

Toledo At Ohio Cent ref At imp
Tol St L Ac West 1st g 4s
Tol W Va 8c Ohio 1st guar 4s
Tor Ham 8c Buff 1st 4s

D
D

1950 A O
C..1942 M S
1946 J

1,000
76,000
11,000
1,000

Trenton Gas At Elec 1st 5s
1949 M
Trl-Contln'l Corp con? deb 5a ser A*53 1

35,000
91,000

20*666

Sale

88
104

8

J

107% 108

Tyrol Hydro-Elec Power 7J4a.—.1955 M N
Guar

sec s

f 7s

—

1952 F

52% Sale
96% Sale
70

92

A

Sale

Sale"

35-year 3Hi debenture........1971 MN
United Biscuit (Amer) deb 5s... 1950 A o

94%
Sale

O

Sale

For

footnotes,




see page

30.

14

80

72

80

Jan.

118% Feb.
104% Feb.

118% Feb. 28

Feb.

7

94

93% Feb.

8

93% Feb.

Feb.

108% Jan.
97
96

Feb.
Jan.

70

Jan.

105

Jan.

Feb.

117% Feb.
108% Feb.

117

Feb.

19

105% Jan.

108

Jan.

112

28

108% Jan.

114^
107 $4

Jan.

116

Jan.

Feb.
Fod.
Feb.
Feb.

Feb.
Feb.

Fen.

3

106% Feb. 11
114% Feb. 18
96

Feb.

17
95% Feb. 23

106% Feb.
77

Feb.

5

23

20

103% Jan.

3

106% 106
Sale

28

Jan.

28

Sale

74%

70

103% Jan.

Feb.

Feb.

9i:

12 63 % Feb. 18
Jan.
8
29 102

1 107% Feb.

Sale

Sale

115%

7

49% Jan.
96% Jan.

Feb.

Feb.

Sale

Sale

United Cigar-Whelan Stores 5s.. 1952 A

71

Feb.

Sale'

Sale

June 2008 M 8

Feb.

97

Sale

107%

34-year 3Hs debenture........ 1970 A O

70

18
8

Feb.

105%
9%
117% 117
108% 106%
Sale
110%
107
105%
Sale
113;
92 J
96%

118

1947
..June 2008 M 8

7

2 103% Feb.
2
Feb.
Feb. 28 118% Feb. 28
2
Feb. 18 106% Feb.

93% Feb.

Sale

9%

18

Feb. 24

94

Sale

Union Pac RR 1st At land gr g 4s.

......

Feb.

,

99

94

Sale

1962
♦{♦Union Els? Ry Chic 1st 5s
1945
Union OH Cal 30-yr 6s ser A May 1942
3Hs debentures
.1952

"9%

63% Feb.

52% Feb.
96% Feb.

90

100

Sale

Union Electric (Mo) 3%a

First At refunding 4s
1st Hen 8c r«7 5a

Sale

98% 100

75
65
103% 105

92

Sale

63

75
70
107%
103% 103%
116%::::: 118% Sale 118%
106
106% 104% 105% 104%
.....

103%
117%

D

UJigawa Elec Power secured 7s..1945

80,000
205,000
228,000
3,000
43,000
172,000
69,000
265,000

60

101% 102

104
113

Jan.
Jan.

89% Jan.
90% Jan.
105% Jan.
9% Jan.

26
,

7
7
17

18 80
Feb.
3
28 107% Feb. 28

118}i

96

m
77

Jan.

Jan.

14
8
3
3

Feb.

14
17

Feb.

23

Jan.
Feb.

23

3

30

N. Y. STOCK

Sales in

1938

•♦July 1914 coupon off..

Va 8c Southwest 1st guar

.......

Plrst

cons

25.666

J

J

34

M

8

Sale
Sale

Sale

29)6

83

809.000
94,000
25.000
45,000
78.000
155,000
158.000
186.000
32.000
52.000

114,000

...1945

1

D

MN
M

8

M

8

MN
F

A

J

J

105

J

M
M

Sale Prices

Sale

84)1

Sale

50

Sale

50)6
50)6
87

89)6

Sale Prices

Jan.

13

Feb.

Feb.

3
18

3

Feb. 28

103

Jan.

Feb. 23

27
27

Jan.

Feb.

23

Feb. 28
Feb. 23
Feb. 25

Feb. 24
Feb. 26

88

Feb. 25

1)6 Feb. 11

2

Feb. 28

Feb.

Sale Prices

76
Jan.
4 8156
108)6 Feb. 10 109
Feb.
5
24
Feb. 18 27
Feb.
Feb. 23 107
112)6

Feb. 17

8

82

Highest

Jan.

25
22

Jan.

Feb. 23
106)6 Feb. 28
32)6 Feb. 23
Feb. 23

32

27)6 Jan. 18
78X Feb.
4
79)6 Feb.
7
50
Jan. 11
50

Jan.

12

3256 Feb. 28
86)6 Jan.
4
87)6 Jan.
3
5056 Jan. 11
5056 Jan. 11

81

Jan.

28

88

Feb. 25

1)6 Feb. 11

2

Feb. 28

110

65
Sale

9)6 Sale
10856 Sale
35

45
40

69)6

S

101

4

O

12)6

V

o

F

A

J

J

Sale

20

17)6

fi"

.....

Sale

118

121)6

Sale

J

O
8

97)6
18)6
Sale
Sale
Sale
Sale

4H* go;d._....._1950 MN
D
1951
1960 M S

♦Westphalia Un El Pow 6s__
West Shore 1st 4s guar.....

Registered.............

2361 I

J

23

J

75)6 Sale

J

"3.666

Wheeling 5c Lake Erie Ry 4s D..1966 M S
Wheel 8c L Erie RR 1st con g 4s.. 1949 M 8

158.000
2,000

67
107

Wheeling Steel Corp 436• ser A..1966 F A
White Sewing Machine deb 6s...1940 MN

75

11

:E"hh
10)6

10

75

109
105

121
101
118
109

107

85

Sale

7856
Sale
39
70
91

103)6
69

76
66

3656

Sale

92)6 100

J

12)6

44)6

12)6

20

Jan.
55)6 Feb. 15 61
102
Jan. 24 105 M Feb.

1

57)6 Feb. 28

5156 Jan,

67)6 Jan.

2656 Feb.

6

30

26)1

27
Jan. 25

35

30

Jan.

27

30

12

12

18
4
19

9

Sale
Sale
Sale

19

IV*

39
70
91

34

97
20
Sale

61)6 Sale
Sale

65 H
62

Sale

67)6
Sale

10

Feb.

10

12)6 Feb. 24

109

Sale

Sale

92

Jan. 29
Jan. 20
956 Jan. 27
10
Feb. 10
856 Jan. 27
10

14]

9

73)6 Feb. 10

65

11

13 J

Jan. 27

Jan. 10
Feb. 23
Jan. 13

11]

Jan.

13

Feb. 21

40

34

Feb.

4
Feb. 25
3
Feb.
1
Feb.

Feb.

Feb.

4

1
4

19

1856
5956
6156
60)6

Feb.
Feb.
Feb.
Feb.
21)| Feb.
64)6 Feb.

5856 Feb.

121)6 Feb.

1 109 J6 Feb. 18
2 108)6 Feb. 23

87

Feb.
Feb.
Feb.

10956 Feb.

Feb.
Feb. 25
Feb. 11
Feb. 21

Feb.

Feb.
Feb.

Feb. 18

Feb. 25
Feb. 25
Feb.
2
Feb. 24
Feb. 14
Feb.
2

7
7
4

18
24

Feb.
1
Feb.
2
Feb. 28
Feb.
2
Feb. 15

15

10
9
9

105)6

91)6 100

1456

Feb.
Feb.

85M Feb.

ni)6 105

Sale

70

13)6 Feb. 21
11)6 Feb. 23
1156 Feb.
4

,

Jan.

12
10

.

65

62

Sale

-§rr

3
Feb. 10
10)6 Feb.
1
10
Feb. 10
956 Feb.
3

Sale

61
24

66
62

3
12

1056 Feb.
4 1156 Feb. 23
10
Jan. 26
13
Jan. 14
10
Feb. 10
10
Feb. 10
9
Jan. 26
10
Fet. 10
10256 Feb. 21 10356 Feb.
2 10256 Feb. 21 104)6 Jan. 19
Feb. 24
70)6 6556 Feb.
4 70
64
Jan. 14 70
Feb. 24
7856 Feb.
8 82
75
Jan. 28 82
Feb.
8
Feb.
8

Sale
22

Jan.

1156

Sale

17

Feb. 24

Sale"

Sale

93
111)6 105

19)6
63)6
66)6
66

10)6 Feb.

10756
10954
10956
105)6 105
10556 105
127)6 12156 123)6 12136
Sale
Sale
102
10156
121
118.
11856
Sale
109).
10956
Sale
107
108)6 109

85 M Sale
Sale
88

"l9)6

Sale
45

110)6 108

110)6

41

Feb.

52

10

11)6

9)6

105)6

MN

...

-16"

Sale

♦Assented..—

1953 J
2361 J

108)6

108

Feb. 17
14
Jan.
Feb.
2 10956 Jan.
Feb. 10 45
Jan.

94

69)6

10)6 Sale

107

121)6

9

40„

Hh

8
9

51

40

28
25

99)6

102]

M

55)6 Feb. 15 58)6 Feb.
1 105)6 Feb.
10456 105)6 102)6 Feb.

28

71
34

Sale

Feb. 17
10)6 Feb.
9
Feb.
2 109)6 Feb. 24
Feb. 10 41)6 Feb.
5

60

60
94
45

Sale
Sale
70

107!
109!
1053
1213

9
108
41

90

52

Sale

66

109!
107!

A

72)6

28

70
80

J

J

42

10

8
J

40

57)6 Sale

104"" 103)6 Sale

A O

{♦Wlckwlre-Spencer Steel 1st 7S.1935
J
Ctfs dep Chase Nat Bank...

13
13

109)6 110

52)6 Sale

Sale
11

12)6 Sale

42

55)6
63
102)6 Sale

94
25

FA

334> series I..........1966 J

5s

84)6 Sale

82
50

43

8

Peno Power 5s series B....1963 M
H.........1961 J

Gold 5s

Sale

~67)6 Sale
34
60)6

A O

1st mtge g 4s series

Gold

3256
8256

103

59)6

J

I

r

Western Union

29)6 Sale
Sale

Sale Prices

76
Feb.
3 80)6
108)6 Feb. 10 109
Feb. 18 2556
26)6 24
107
Feb.
4 112)6
Sale
10456 Feb.
106)6
2856 Feb.
8 32)6
35
28)4 Feb.
8 32
2856 Feb.
8 3256
Sale
78)6 Feb.
4 83
Sale
79)6 Feb.
7 85
Sale
50
Feb.
Sale
50)6
50
Feb.
Sale
50)|

Sale

J

gold 5s.......1950
Gen mtge 3Hs....
1967

Maryland 1st g 4s.........1952
Plrst 8c ref 5Hs series A......1977
West N Y 5c Penn Gen gold 4S...1943
{♦Western Pacific 1st 5s ser A...1946

112
L06

31)6
31)6

80

8)6
10
109 56 Sale
45
50

J

Westchester Light

1st mtge

Sale

Ask
Sale

Lowest

J

J

5

West

1?!*

25

J

J

1st 49-year guar 4s...........1945
Wash Wat Pow 1st ref 5s
.1939

West

76

Sale
Sale

110

{♦Warren Bros Co deb 6s
1941 M 8
Warren R R 1st ref gu g 3H«— ..2090 F A
Wash Cent Ry 1st g 4s
1948 Q V

3Hi..

107
105
30
30

Highest

109)6

Warner Bros Pictures con? deb 6sl939 M S

Wash Term 1st guar

7.000
6,000
6,000
105,000
13.000
8.000
14,000

Ask 3id

Sale

Sale
Sale
Sale
Sale

♦Certificates of deposit.........
12.000
167.000 Walker (Hiram) G & W deb 4)4s. 1945 j"D
1955 A O
70,000 Walworth Co 1st mtge 4s
6s debentures................1955 A O
15,000

335,000
156,000

77

Lowest

Feb. 28

108)6

Sale
30

5s....3993 J

{♦♦Wabash RR 1st gold 5a
..1939
♦Second gold 5s
...........1939
♦1st lien 59-year gold conn 4s. 1954
♦Dot 5c Ch Ex 1st g 5a.....
1941
♦Dea Moines Di? 1st g 4s
1939
♦Omaha Dl? 1st g 3Hs
1941
♦Tol 5c Chic Dl? 1st g 4s
1941
{♦Wabasb Ry ref Ac gen 5H» A..1975
♦Certificates of deposit.........
♦Ref 8c gen 5s (Peb '32 coup) B.1976
♦Certificates of deposit.....
♦Ref 8c gen IHi series C
1978
♦Certificates of deposit.....
♦Ref 5c gen 5s series D........1980

Bid

8

5s.................1958 A O

385.000 Virginian Ry,lst 8c ref 356« ser A. 1966

90,000

8

M

1934 J

♦♦Vera Crux 8c Pacific 1st 4)6s

34.000
3,000
47,000
4,000

M

Vanadium Corp (Am) con? 5s...1941 A O
Vandalla consol * 4s A.........1955 F A
Consol 4s Series B............1957 MN

43,000 ♦Vertlentes Sugar 7a ctfs.......1942
46,000 Virginia El & Pow 4s ser A
1955
3,000 Va Iron Coal 8c Coke 1st g 5s....1949

82,000
71,000

Feb. 1

Ask

$

"T.Soo

RANGE SINCE JAN.

Jan. 3

137,000 United Drug Co (Del) Si
1453
6,000 UNJRRSc Canal Go gen li
1944
16,000 ♦{♦United Ryi St L let g 4a
1934
13,000 U S Pipe 8c Fdy con? deb 3)6s
.1946
344,000 CJ 8 Rubber let 8c rof 5a aeries*A.. 1947
70.000 ♦United Steel Wka g 6Ha ear A—1951
♦6 )4» aeries G-32.000
.....1951
22,000
♦Sinking fund deb 6Ma aer A-.1947
130,000 Utah Light & Trac 1st 8c ft 5e__1944
229,000 Utah Power 8c Light 1st 5s
...1944
93,000 inutilities Pow 8c Ltg deb g 6HI.1947
♦♦Debenture 5s...............1959
172,000

30,000

PRICES IN FEBRUARY

Price

BONDS
N. Y. STOCK EXCHANGE

February
Value

EXCHANGE—BONDS

94)6

108
89

Feb. 26 108
Feb. 26
Feb.
4
91)6 Feb. 15

92)6 Feb.

4

92)6 Feb. 10

105
101

Jan.

Jan.

79)6 Jan.
43)6 Jan.

3

4 10956

31
3
28
26

Feb.

105)6 Jan.
123
1021

Jan.

Jan.

10
21

4
12
27
13

116
Jan.
Jan.
4
120!
1 110!
Jan. 27
10956 Feb.
106 H Jan. 28 108)6 Feb. 23
84

Jan.

26

87
105

Feb.
Feb.

4

18

Jan.

17

7
3

Jan.

4

61

Jan.

3

5956 Jan*

21

5

59)6 Jan.

93

M

3

2056
64)6
5856
.05)6
108

85

20

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

10
5

27
15
7
12

Jan.

70

12

Jan.

11

Jan. 31 24
9
Feb.
IV*
9
63
Feb.
Jan. 27 105)6
Jan. 27 11056

Feb. 28
Jan.
3
Feb. 15
Jan. 27
Jan.
4

Jan.

Jan.

91)6 Jan.

93

3
6

15

92)6 Feb. 10

44)6

{♦Wlckwlre-Spen St'l Co 7s. Jan 1935

4,000
30.000
44,000
159.000
50,000

Ctfs dep Chase Nat Bank...

{♦Wllkea-Barre 5c East 1st gu g 5s 1942 J

J

5.000

2,000

"2.666

J
O

1960 J

J

{♦Wisconsin Cent 1st gen g 4s..1949 J
♦Certificates of deposit

J

Winston-Salem S B 1st 4s.

65,666

65l Sale

D

Wllmar 8c Sioux Palls 1st 5s..._.193fl J
Wilson 8c Co 1st M 4s ser A.....1955 J
Con? debenture 3)6*
......1947 A

16)6
6)6

101 & 101)6
100
Sale

556
6
100% 101
98
83

78J6 82)6
10856 109)6
15)6 Sale

Sale
Sale

10756
13)6 Sale
12

20
8

14

7)6
6)6

9

956

956

82

Feb.

2

4
13)6 Feb.
13)6 Feb. 15
6)6 Feb. 10

84

Feb. 23

14)6 Feb.
5
13)6 Feb. 15
7)6 Feb. 26

82
109

18

Jan.

101$

Jan.
Jan.

7]

11
14

4

100]

Jan.

Jan.

85

Jan.

Jan.

109]
15]

Jan.

14]

Jan.

3
5

8]

.Jan.

10

13)6 Jan.

13)6 Feb.
6)6 Jan.

Jan.

3
10
4

9

456

♦♦Sup 5c Dul DI? 5c Tar 1st 4s. 1936 MN
.♦Certificates of deposit...
{♦Worcester 5cConn East Ry 4 36s 1943

4
13)6 Feb.
1456 Feb.
3
13)6 Jan.
5
Feb.
2
5
Feb.
6)6 Feb. 10
100273*Feb. 23 10133Z Feb.
7 100"«Feb.
3
98
96H Feb.
Feb. 21
96)6 Feb.

5

Feb. 21

5)6 Feb. 18

5

Feb. 21

5)6 Feb. 18

Youngstown Sheet 5c Tube—

235,000

1st mtge s f 4s series

C.........1961 MN

t Accrued Interest payable at
sterling.

•te of $4.8484 to the £

the
'

exchange
,

96)6 Sale

a

the

9856 Sale

99

Sale

97

Feb.

Deferred delivery sales, only transactions of
current month, and not included in year's

range.

{ Companies reported as being in bankruptcy,
•celvership, or being reorganized under Section 77
of the Bankruptcy Act, or securities assumed by
such companies.
*

Negotiability Impaired by maturity.

♦

Bond selling flat.

1 Called for redemption.




n

Under the rule sales, only transactions of the

current month and not included in year'srange.
r

Cash sales, only transactions of the Current

month, and not included in year's range.
x

Ex-interest.
The

following cash sales were transacted
during the current month and are not included
in the monthly or yearly range:
e

No sales.

3

z

99

The

Feb. 28

9656 Jan.

3 100)6 Jan. 20

following deferred delivery sales

were

transacted during the current month and are not
included in the monthly or yearly range:
Carlsbad 8s 1954, Feb. 21 at 54.

Cologne 6)6s 1950, Feb. 5 at 21)6.
Cuba 4)6s 1949, Feb. 28 at 101.

Helsingfors 6)6s 1960. Feb. 8 at 104.
Lower Austria 6)6s 1944, Feb. 3 at 99.
Nord Rys. 6)6s 1950, Feb, 25 at 96)6.
Rumania 7s 1959, Feb. 17 at 2756.

Tyrol Hydro Electric 7)6s 1955, Feb. 19 at 90.

New York Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF STOCK PRICES DURING FEBRUARY 1938
Stock Sales

1937

1938

February

Shares>

14,526,094

—

38,678,025

Jan. 1 to Feb. 28-...
In accordance with

a

ots except in the case of

rule of the Stock Exchange, effective Oct.

stocks which sell only in

1938

1937

$127,593,000
293,503,000

$285,459,000
628,146,000

Bond Sales

February

50,248,010
108,919,426

Jan. 1 to Feb. 28

3,1915, all stocks

are now

quoted dollars per share. Prices are on a basis of 100-shar

small way.

a

NOTICE—Cash and deferred delivery sales are disregarded in the month's range, unless they are the only transactions of the month, and when selling
outside of the regular monthly range are shown in a footnote in the month in which they occur.
No account is taken of such sales in computing tho
range for the year.

AGGREGATE

■

SALES

.

i

February i
Share*

Par

1938

3,400 Abbott

Laboratories.....—*

\Dmham St Straus

"2",500

19,300
1,500
2,400
2,500
20,800
4,800

44,400 \dams Express
......*
4,300 Adams MUlls
...........*
7,800 Addressograph Multlgraph 10
4,500 Advance R umelr—
43,200 Air Reduction Inc..... ....*
24,700 Air-War Rlec Appll Corp...
Alabama Ac Vicksburg Ry.100

Steel

25

Co
....

72",100

215,966

17",600

50,766

Juneau

Masaa

Gold

Mln.10

Feb. 1
Ask

Bid

37*4

43*4
43 %

Sale
8*4 Sale

19

Sale

20

Sale

A*

49
1

Bid

37*4

*

....

*T605

Acme

1

Price
Jan. 3

N. T. STOCK EXCHANGE

1,300

RANGE SINCE JAN.

PRICES IN FEBRUARY

STOCKS

Since
Jan. 1
Shares

In

,

a

\X

Sale
Sale
72

11*4 Sale

33

37 X
40

41*4 Sale
9X Sale

21*
4^

Feb. 28

Ask Bid

a2(?^
Sale
Sale
Sale

Sale

33
36

9*4
20 X

21*4
2

52 X

IX Sale
66

12*4

Sale

Ask

UN

Highest
Sale Prices

Highest

Sale Prices

Sale Prices

36X Feb.

4

39X Feb. 23

36X Feb.

4

39% Feb. 23

Feb.

3

36

Feb.

3

52

8X Feb.

4

41X Feb.
1
10% Feb. 23

8X Feb.

4

ION Jan.

10

18

19

3 x20% Jan.
Jan.
6 23

20

40
44 X
Sale

36

Sale

19

Feb.

Feb.

20

Feb.

Feb. 24

22 X

A*
Sale
Sale

60

Lowest

Lowest
Sale Prices

72
Sale

Jan.

JanT'li

IX Feb.
45X Feb.

23

19 X Jan.
1 % Jan.

23

Feb. 25

45X Feb.

4
3

Feb.

3

58 X Jan.

Feb.

2

Feb.

1

Jan.

3

IX Jan.

10
7

11X Feb. 25

13 % Feb.

2

10X Jan.

6

13*4 Feb.

2

Feb. 25

IX Jan.

7
12
12
12

1

Feb.

1

2

24

Albany & Susquehanna..100

800

26,900 tilled Chem Ac Dye....
5
2,400 Allied Kid Co
*
20,400 Allied Mills Co Inc
110.600 Allied Stores Corp.........*
3.600
5% preferred
......100
145,800 Allis Chalmers Mfg ........*

800

7,500
700

5,200
330

11,200

300

1,800

10

5,100
11,800
17,700

190

440

26,900

9,900

50,600

6,300
5,300
4,700
2.800
9.300
1.000
2,600
3,100

11,900
17.200

6,000
4,300
26,500
2,300
6,200
8,300
»1,700
14,300
63,800

700

6,100
14,100
1 9,600
44,300
I

-

44.800
13.300

11,000
95,300

6,100
2,900
3,000
1,290
85,300
1,800
1,600
160

68,400
2,100
1,600
1,400
400

69,800
4,300

19,700
2,900
9,500
36,900
400

6,100
10,600
31,500

....20

Amer Crystal Sugar

Co

10
100

6% 1st preferred

Amer Encaustic Tiling.....1

300

preferred A......—...*

$6 preferred.....-..—..—*
Am Hawaiian Steamship...10
American Hide At Leather

..

1

......50

6% preferred...

Amer Home Products—.....1

American Ice

0%
Amer

*

—.—

preferred—.—..—100
internat

7.*
159,£
8 *4
12 *4
6 *4
47
46 X

Sale

21N
Sale

Sale

240

0% Conv preferred—...100

.

.

............100

American

Stores...———*

i% preferred..—.......100
American Type
Am Wat

Founders...*

Wks At El

Preferred
Amer Zinc,

...

•

..100

Lead Ac Smelt...1

$6.50

For footnotes see page

40.

conv

171

Feb. 26

156

Feb.
Feb.

9

17

8

14

Feb. 23

11

Feb. 23
Feb. 25

42

Feb.

Jan.
Jan.
Jan.
Jan.

Feb. 23

38

Feb.

Jan.

11*4 Feb.
2*4 Jan.
18*4 Feb.

Jan.

Sale

42

Feb.

Sale

38

Feb.

47

Sale

11X Feb.
2*4 Feb.
18X Feb.

Feb.

7
49

Sale

40

122

Sale

Sale

165

Sale

Sale

40*4

Sale

48
Sale

Sale

130

25
6 *4
Sale

k

Sale

80

5)1
176

87
Sale
8

14% Feb.
2*4 Feb.
20
Feb.
72 X Feb.
63
Feb.

92

Feb.
Feb.

57
55

31X Feb.

163

7054 Jan.

8
15

Jan.

Feb.

8

19*4 Feb.

i Jan.

12

Feb.

Jan.

15

12*4 Feb.
89*4 Feb.

i Jan.
i Jan.

17
24

Feb.

25

37

12 X Feb.
89*5 Feb.

97

Jan.
Jan.

I Feb.
2
] Feb. 23

120

98*4

Jan.
Feb.
Jan.

Feb.

Feb.
Feb.

76

Jan.

Feb. 24
I Jan.
3

L63
Feb.
19 X Feb.
37
Feb.

L20

11
11
12
Feb. 21

Jan.

49*4 Jan.
30*4 Jan.

Feb.

52

6*4 Jan.

11

15 % Feb.
97
Feb.
104
Feb.

Feb.

95

300

mm

25

19 X Feb.

7

19

6*4

mm

Sale

1
8

8*8 Feb. 21
13X Feb. 23
14% Feb. 25
8
80
Feb.
9
4% Feb.
3
5
Feb.

mm mm —

\XA

Sale
Sale

6*4 Feb.
10X Feb.
13 X Feb.

78X

Sale

78

3X

Sale
9

4

172

3

Feb.

19

3*4 Feb.

4

5

3

Jan.

3

Sale

18

Sale

Sale

9

Sale

3
3% Feb.
16 X Feb. 11
4
7X Feb.

Sale

12

Feb.

Sale

10

Feb.

3
1

3

8*4

Sale

10*4
cM*
3*4 Sale
22

24

33*4 Sale

IN

230*
35

Sale

iF

15
6

Sale
Sale

3*4 Sale

4

Sale

30

119
101
26 *4
J2?*
5*4 Sale

38)1

Sale

30

Sale

12*4 Sale
157

165

Sale

Sale

3
20

Feb.
Feb.

Sale

34

X Feb.

IX Feb.

Sale

16

15*4 Feb.

5% Feb.

A*

3
3
1
3
4

Sale

16*3

Feb.

Sale

56

Feb.

Sale

12 % Feb.

4

3% Feb.

3

at*
Sale

29

Feb.

Sale

25

4% Sale

22

25X Feb.

It*
iFH

Sale

71.

Sale

Sale

18*

65

Feb. 23

Feb.

17 X Feb.
68 X Feb.
18
Feb.

3

Jan.
Feb.

i Jan.

13

Jan.

13

] Jan.

Feb.
12*4 Feb.
3*4 Jan.

iJan.
I Jan.

17

Jan.

12

Jan.

26
28
23
23

14
25

Feb. 25
Feb. 25
Feb. 23

12

11*4 Feb.

Feb.

23

Jan.
Jan.
Jan.

Jan.
Jan.

44*4 Feb.

50*4 Feb.
131*4 Feb.

9

Feb.

9

4

Feb.

23

51

Sale

Sale

Sale

Sale

Sale

Sale

109*4 Sale
16*4
18*4

117*4
18 X

Sale
Sale

Sale
144
60 *4 Sale

3
9*3 Feb. 26
1
26 X Feb.
4
110
Feb.

22 X Feb.

31

Feb. 23

10*4 Feb.

9

Feb.

17

30

121

4 140*4 Feb. 23
127X Feb.
62*3 Feb. 21 65*4 Feb. 2

Sale

Sale

66
Sale

65 X
Sale

139

Sale

139 X 138X Feb.

Sale

Sale

Sale

Sale

Sale

Sale

88
Sale

80
Sale

78
Sale

64

Feb.

5*3
8*3

4

Sale

Sale

Sale

Sale

Sale

32
Sale

38
Sale

40
Sale

Sale

Sale

Sale

27 X Feb.
36
Feb.

18
Sale

15*4 Feb.
105*4 Feb.

8

35*3

Feb.

35*4 Feb. 23
41*3 Feb. 23
18

107

'

Feb. 23
Feb. 18

11
12
17
9

Jan.
Feb.

Feb. 23
Jan.

10

Jan.

18

25

Jan.

11

Jan.

127*4 Feb.
60*4 Jan.
63*4 Jan.

I Feb. 28
i Jan. 17
Jan. 10
Jan. 10
,

Jan.

11

I Feb. 15
iJan. 21

iJan.

12

Jan.

17

Feb. 23
7*4 Feb. 23

12

Jan.

22*4 Feb.
8*4 Jan.

77X Feb. 21

5*3

12

Jan.

50*4 Jan.
130
Jan..

14 139*4 Feb. 15
7
Feb. 25
10*4 Feb. 23

3
Feb.
8
Feb.
76
Feb. 14
3
4% Feb.
3
27*4 Feb.
6*2 Feb. 3

28 *4 Sale

Feb.

69

15
15

Jan.

Feb.

113*4 Feb. 28 108*4 Jan.
17
Jan.
xl7X Feb. 28 17 X Feb. 16

Sale

Jan. 11

Jan.

9

133 X

Jan.

17
10
28

Feb.

128

iM

12
12

Jan.

66

121

Sale

Jan.

28
Feb. 15
Feb. 23
Feb. 23
Feb. 28

101

Feb.
Feb.

25

4

preferred-.—..*

18

26
22

Feb.

X Feb.

Sale

Jan.
Jan.

Feb.

44

15

Jan.

Feb.
Feb.

3

Sale

ilH

Jan.

4

Jan.

48

$

103
25

10
12
25

17*4 Feb.

Sale

4

Feb.

24

44 X

80

29

Feb. 28

I Jan. 11
I Feb. 23

Feb.

4

ill8
$

56

!

14
Feb. 26

4

Feb.

20*4

14

Feb. 25

33*4 Jan.
1*4 Jan.
15*4 Jan.
5*4 Jan.
16*4 Feb.

13*4 Feb. 25
8
4*4 Feb.
35*4 Feb. 23

Feb.

j Jan.
'

20

Feb.

Sale

; Feb. 25

17
22

18

10
28

¥

16*4 Jan.
7*4 Feb.

Jan.
Jan.

21

Sale

Sale

i Jan. 13

i

28

Sale

50

Jan.

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

11

131

Jan.

3*4
22*4
36*4
2*4
17*4
7*4
23*4

29

51

Feb.

3

18

Sale

133 X

5

Jan.

Sale

125

12

Feb.

10

124

18

10

29

129

12

Jan.

'Jan.

i

Feb. 17

3
4

UA*
49

Jan.

Feb.

3*4 Jan.

78

165

Sale

17

[ Feb.
7
I Feb. 21
i
Jan. 15

11

11 % Feb.

Sale

66

Jan.

Feb.

169 X

18

6

10*4 Feb.
13*4 Feb.

12

115

17U Sale

19*4 Feb.

Feb. 25
19X Feb. 25

Feb.

26

4

25

10*1

Feb.

Sale

3
8

Feb. 25

4

Feb.
Feb.

Sale

4
26

103

7

177

Feb.

Sale

15

X Feb.

300

3

Glass Corp*

Anchor Hocking

8

Feb. 23

11X Feb.

14*2

11

7*4 Feb.

55

93

10
19
12
11

12

57

97

Feb.
Jan.

24

Feb. 23
Feb.
2

Sale
Sale

95

17
17
10

14
16
18

Feb.

13 X Feb.
15 X Feb.

12

8

22

Sale

Jan.

Feb.

Sale

150

Jan.

12

11*4 Feb.
6*4 Feb.

13 H

Sale

163*4

48

Amer Steel Foundries......*

$5 prior conv prsf—.....25
Anaconda Copper
.——50
*
6.000 Anaconda Wire Ac Cable




167
Sale

12

Jan.
Jan.

11*4 Jan.

25

Sale

Sale

78

30

ri3.700

80

33

125*4

Sale

Jan.

Jan.
Jan.

25

Feb.

14

53*4 Sale

Jan.

Feb.

14

Sale

Sale

13]
15]
7]
154*4

15

Feb.
Feb.

Sale

60
55
13

123*4

si*

Feb.

Jan.
Jan.
Jan.
Jan.

12

19*
70*

58 X
Sale

American Metal............*

$6 1st preferred..........*

7.800

2*4 Sale
r20*4 Sale

12*

American Woolen..........*

1,700
3.600

Sale

Sale

700

347",565

12

48 X

Sale

1.400 Amer Sumatra Tobacco.....*
133.500 Amer Telep At Teleg—100
9,300 American Tobacco...—...25
Class B——
25
37,700

25.600

55
Sale

asx
Sale
7X Sale

13

5.400 American Sugar Refining. 100
Preferred
...100
2,800

134.700
1.000
362.700

42 X

Sale

63

Preferred

16
Sale

Sale

.......100

Am Mach Ac
Amer

\iH

Sale

Foundry..—...*
Machine At Metals..—*

Preferred

Sale

Sale

18
60

.........

-

5,000
31,100
127,400

13*4

15

Sale
8*4
Sale
9*4
Sale
Sale
49*4
Sale
Sale

17,>4

19

Corp.....—*

Amer Locomotive

90,200 American Rolling Mill.....25
11,200
4*4% conv preferred—100
L 5,500 Amer Safety Razor......18.50
7,700 American Seating Co—. _.*
C*6,100 American Ship Building....*
204,200 Amer Smelt At Refining, —*
Preferred
........,184
2,500
3,200 American Snuff ———-25
320
6% preferred...........100

127,500
7,200

14

15

11

Sale

1

IX Feb.
11*4 Feb.

20

Power..—.—*

$7 preferred—
2d

13

Sale

Alleghany

Am Com Alcohol

Am Ac Foreign

IX Sale

Sale
15

13

Colortype—....10

4,640 American News Co new...
135.500 Amer Power At Light—....—*
$6 preferred
26,000
......
*
$5 preferred...—...
—*
31,600
179.400 Am Radiator Ar Stand San..*
60

31",256

'

11

County, N J....—.....25
American

500 Am European Securities
*
10 American Express Co
..100

100

14J00

"l"640

of

Co

Coal

Am

10

2,300
5,500
8,400

6,300
27,100
2,900
5,600
2,800
15,000

13

........

510

17,300
1,000
16,800
2,400
19,500

.

1*4 Sale

8.000 Alpha Portland Cement
•
13,100 Araalg'mLeathe>Cos,IncNewl
1,800
6% cum preferred..
50
22,100 Amerada Corp.......
3,100 Amer Agric Chemical (Del)
23,600 American Bank Note......It
1,270
6% preferred............50
23,400 Am Brake SAP
770
5*4 % conv preferred
100
38,400 American Can...........-26
Preferred. .....——lOt
1,300
*
35,400 Amer Car Ac Foundry....
Preferred
100
4,600
41,000 American Chain Ac Cable..
400
5% preferred...—......100
2,600 American Chicle.........—*

1,900
6,100

V

.....

24,600
2,200
Pref series A $30 ex-war .100
1,300
$2.50 prior conv pref....
4,500
33,200 Alleghany Steel
.........*
1
7.000 Allen Industries Inc

9.900
1,300

1,100
13,300
1,300
11,100
1,900
4,800
35,300
2.300
63,100

Corp
Pref series A $30 warr'ts .100
Pref series A $40 warr'ts 100

Allegheny

20

j Jan, 12
Feb. 23

4*4 Jan.
34
Jan.
27*4 Feb.

iJan.

10

Jan.

10

I Jan.

11

Feb.

Jan.

15*4 Feb.

Jan.

11
15

i Jan.

3

36

103

Jan.

32

N. Y. STOCK EXCHANGE—STOCKS

AGGREGATE
In

February
Share*
500
100

SALES

1938

40

"""900
50,300
6,000

Preferred...

2,200
3,300

...........

100

2,600 Armour (Del) 7% pref
100
131,100 Armour of Illinois
.....5
8,800
$6 convertible preferred..*
300

12",300

14%
3%

Sale

Sale
65

96
Sale

7% preferred...........100

35.700 Armstrong Cork Co........*
5,400 Arnold Constable Corp.....5
8,900 Art loom Corporation
....*

28

42*266

Associated Dry Goods......1

900

6% 1st preferred.......100
7% 2d preferred........100

300
"

'*"'706

i",66o
320

132,500
12,200
36,900
4,100
5,000
53,600
3,800
26,900
6,300
3,600

70
78

5% pref with warrants.. 100
5% preferred ex-warr
.100

59,700
7,900
17,800
1,100
1,700
24,900

Sale

Associated Investment Co..*

260
20

2,200

10,700
2,400
1,500
330
4,100
4,100
600
100

17,500

40

28

120
98

96% Feb.
5
5% Feb. 28

J*

6% Feb. 23

4
4

4%

30% Feb.
6% Feb.
3% Feb.

4

34% Feb. 23
7% Feb. 25
4% Feb. 25

7%

6% Feb.

4

7% Feb. 23

7

Sale

80%

55

66

Feb.

&
32

32

74
72
32

63

Feb.
Feb.

77%

Sale

P

Sale

25% Sale

100

Sale

At) GfcWI SS Lines

5% preferred...........100
Atlantic Refining.....
25
4% conv pref series A...100
Atlas Corp
6% preferred............50
Atlas Powder.

>0%

33%

Sale

Line RR

Feb. 28

3% Feb. 24
29% Feb. 24

44

100

Coast

1

46
50

5% preferred...........100

Atchison Top A S Fe
Atlan

Feb.

Sale Prices
14% Feb.
2

Feb.

10

Highest
Sale Prices
19
Jan. 11

Sale Prices

12% Jan.
5
3%
3% Feb. 24
25% Jan. * 6 30%
119
Jan.
6 120%
95
Jan.
4 100%
6%
5% Feb. 28
Feb.

28

72

90
Jan.
30% Jan.

12
28

39

6% Jan.
3% Jan.

44

Feb. 24
Jan. 13
Jan. 14
Jan. 18
Jan. 10
Jan.

12

94% Jan.

31

Jan.

12

5
3

7% Jan.

21

5% Jan.

13

6% Jan.

3

8% Jan.

Feb.

7

85

Preferred..............100

"8", 700

13% Feb.
3
3% Feb. 24

26

■

Archer Daniels Mid.........*

Lowest

Highest

Sale Prices

Bid

3,900 Andes Copper Mining Co..20
100 A P W Paper Co....

Lowest

Feb. 28

Feb. 1

Par

2,900

1

Price
Jan. 3

Shares

1,400

RANGE SINCE JAN.

PRICES IN FEBRUARY

STOCKS
N. 7. STOCK EXCHANGE

Since
Jan. 1

Sale

Sale
Sale
Sale

Sale
114

.....

450
5% preferred...........100
7,000 Atlas Tack Corp
*
25,300 tAuburn Automobile......
1,900 Austin. Nichols Sc. Co
370
$5 prior A.......
77,600 Aviation Corp (Del) The....3

Sale*
it*

.....

.........

66
6

Sale
Sale

7

10%
12%
23% Sale
106% 110

7% Sale
40%
45%
116% 119

8*

6

4

2%
17

Sale
Sale

3
18

Sale

3% Sale

Sale

Sale

7

68

Feb.

4

Feb,

Feb.

1

Feb.

Feb. 24
Feb. 15
Feb. 25
Feb. 26
Feb. 25

60% Feb.
20% Feb.
5% Feb.
9

20%
104%
7%
39%

Feb. 23
Feb. 15

Feb.

Feb.
Feb.
Feb.
Feb.

42

Feb. 24
Feb. 26
Feb. 21
Feb. 16

Feb.

110

Feb. 21
Feb. 24
Feb.
1

Feb.
Feb.
Feb.

5
4

Feb.

18

2% Feb.

Feb.

2

6% Feb.
3% Feb.

Feb.

2

Feb.

9

66

"32" Feb.'

69

35

Jan.
Jan.

72
42

Jan.

60% Feb.

72

Jan.

27)

Jan.
Jan.

20% Feb.
5% Jan.
9
Feb.
20
Jan.
104% Feb.

42

12
11

107

43*

Feb.

Jan.

48
115

m

Jan.
Feb.

10

Feb.

4% Jan.
3%
2%
16
3%

Jan.

22
12
14

Jan.

7% Feb.
39% Feb.
105

10

80% Feb. 24

Feb.
Jan.
Feb.

74
72
32

12
12

21

Jan.

8

Jan.

10
11

Jan.
Jan.

11

Feb.

21

Jan.

12
12
19
25
10

Jan.

Jan.

Jan.

20% Jan.
4% Jan.

Jan.

Baldwin Locomotive Works .*
Assented

72,500
56,100
11,900
300

470

53,000
2,600

130

10

112

1st preferred...........100

9,600 Belding-Hemingway

4,100

20,700
7,000
3,500
236,800
5,400
3,900
2,900
5,300
15,400

86,500
16,000
13,200
739,400
11,900
10,600
6,400
10,300
37,400

Best & Co

•

Bethlehem Steel

Corp (Del).*

5% preferred............20
7% preferred.
.......100
Blgelow-Sanford Carpet Inc *
Black Sc Decker Mfg Co
Blaw-Knox...

*

20

94,700
1,900

304,400 Boeing Airplane Co
.....5
5,700 Bohn Alum Sc Brass Corp
6

1,900
18,100
26,800
5,500

.........

1,680
4,100
46,600
64,600
8,000
2,100

500

3,100
1,900
5,400
19,400
4,100
5,900
200

2.400
7,300

3 %

96,800
96,900
30,100
221,000

1,300
1,200

"3"600
280

1,500
10,300
170
600

8% Sale

*

._.*

Burlington Mills Corp......l
Burroughs Add Mach
•

22% Sale
3%
4

"17"

Sale

8% Sale
21% Sale
28
Sale
29%
32%
1% Sale
6%
7%
9% Sale

Sale

lit
4

18%

8% Sale
7% Sale
75

4% Sale
40

46
3% Sale
26% Sale
15% Sale

7% Sale
17

Sale
Sale

2

7% Sale

Pref ctfs of deposit

100

conv preferred.......30

Butte Copper Sc Zinc.
..5
Byers Co.
•
Parttc preferred
.....100
....

.................

Byron Jackson Co..........*

18
3

19

3%
8% Sale
36%
15% Sale

30%
19

Calif Packing Corp..

5% preferred

12% Sale
7% Sale

50

Callahan Zinc-Lead
...1
Calumet Ac Hecla Cons Cop .5
Campbell W 3c C Foundry...*
Canada Dry Ging Ale
...-5

Central RR of N J........100

6,400 Central Violeta Sugar Co..19
1,300 Century Ribbon Mills.
*
130
Preferred.............. 100
.....

Sale

47%

52
1% Sale
6% Sale

10% Sale
13% Sale
37%
48

7% Sale
29
Sale
4%
5%
36% 45
90

14%
4

80

20

Sale
> Sale
i

98% Sale
47

Sale

99% 100%
14

Sale

5% Sale
42

12% Feb.
34

Feb.

92
19

Feb.

Sale
Sale

20

62
Sale
3% Sale

56
28

Sale
40

Sale

8%
77
5%
47%
4%

Sale
Sale
Sale
Sale

80

17

Sale

19% Sale

32

11*

3%
87
L02

88
95

3
4

7% Feb.
7% Feb.

3
4

Feb.

18

4% Feb.

3

Feb.

3

4% Feb.
25% Feb.

4
4

16
7

3
8

16% Feb.
2% Feb.
7% Feb.

3
3
3
2

Feb.

4

3

Feb.

8% Feb.
Feb.
Feb.

4

Feb.

4

Feb.

97

3

7% Jan.

Feb.
Feb.

82

Feb.
Feb.

10% Jan.
16% Jan.

Feb.

29

Feb.
Feb.

50% Feb.

Feb.
Feb.

3

Feb.

10
Feb. 23
Feb. 26

Feb.
9
Feb. 25

Feb. 25
Feb. 10
Feb. 23
Feb. 23
Feb. 23
Feb. 26

Jan.

7% Feb.
7% Jan.

13
11
24

3

41

Jan.
10
Jan.
9% Jan.

81% Jan.
6% Jan.
54
5
31

2

Jan.

3

7

Jan.

3

6% Jan.
19
3

Jan.
Feb.

8% Jan.

36

Feb.

15% Jan.
19

Jan.

Jan.

10
10
11
12
11

Jan.

26
Feb. 23

25

Feb. 10
Feb. 21
Feb. 16
Feb. 24
Feb. 25

Jan.

6% Feb.
29
Jan.
4% Feb.

3% Feb.

14
92

18

18

55% Feb.

7

62% Feb. 26

27

2

28
4

Feb.
9
Feb. 23
2

23
21
24
19

Jan.

98% Jan.
39% Feb.
100% Jan.

Feb. 23

Feb.
3
Feb. 11 104% Feb.
3
Feb.
11
Feb.
3
Feb.
7% Feb.
Feb. 28
4% Feb.
Feb. 24 103
Feb.

4% Jan.
11% Jan.
36% Jan.
19% Jan.

10

79

17

23

6% Jan.

76% Jan.
15% Jan.

102%

Feb.

Jan.
Feb.

Jan.

Jan,
Jan.
Feb.

Jan.

18
10
11

15

Jan. 10
Feb. 23
Jan. 11
8% Jan. 10
36
Jan. 15
oZK Feb. 25
Jan. 28
86
Jan. 17
18
Jan. 11
4% Jan. 12
97% Jan. 20
109
Feb. 16
55% Jan. 10
102% Feb. 25
Jan. 12
19
44

A§*
94

25%

Jan
Jav,

12

7

55% Jan.

62% Feb. 26

26

28

Jan.

3% Jan.

100% Feb.
9% Jan.
6

Jan.

4% Feb.
95
Jgn.

Jan.

4% Jan
105
11

!M
103

Jan

Jan.

3
12
25
10

Jan

10

Jan

20

Feb.

19

For footnotes see page 40.




12

8% Feb. 25

24
49
2

13% Jan.

11

20

16
22

1% Jan.
10

8

12

3
11

2

7% Feb. 25

109
50

Jan.
Jan.

10

27

Jan. 12
Jan. 11
Feb. 26
Jan. 10
Jan. 15
Jan. 17

12% Jan.

Feb. 26

22% Feb.

100

13

Jan,
21% Jan.

15

4

4

13
13

18% Feb. 25
2% Feb. 24
8% Feb. 24

Feb.

3%
100%
9%
6%

Jan.

20
9

Feb. 23

10

2% Jan.
9% Jan.

20

8% Feb. 25

13

11
20
13
20

8

Feb.

4
96

39% Feb.
100% Feb.
14% Feb.

3

3% Jan.
3
24% Jan.
3
15% Jan. 27

17% Feb. 25

81% Feb.

6
3

3

7

12

12

37

4% Jan.
Feb.

22M

16% Jan. 26

Feb. 26

9% Feb. 26

80% Feb.

101% Feb.

13
19
28

13% Jan.

18

49% Feb.

3% Feb.

17
17

34

3

Feb.

37% Jan.

Feb.

4

25% Feb.

49% Feb. 18

Feb.

16

10% Jan.
26% Jan.
30% Jan.

30

1

Feb.

35% Jan.

11

6
13

1% Jan.
6% Feb.
8% Jan.

40

20

10

7% Jan.

78

15

Jan.

Jan.
Jan.

19% Jan.

35

Jan.
Jan.

11»
50*

4% Jan.

14% Jan. 27

1

12

5

18% Feb.

15% Feb. 24
19% Feb. 23

18

4

Feb.

*6% Feb". '18 "7% "Feb".

108 %

3

Jan.

Feb. 21

% Jan.
16% Feb.

44

4

5%
97%

Jan.
Jan.
Jan.
Jan.

Feb. 25
19% Feb. 23
22% Feb. 23

16% Feb.

%

12

44)

28

3
3

77

104%

Jan.

Jan.

11% Feb.

Sale

100
Sale

Jan.

23

9% Feb. 23

Sale

Sale
104

30
92

17% Jan.
21% Feb.

Feb. 24

Feb.

Feb.

12

5

25% Feb.
4% Feb.

2

Feb.

17
11
15
23
28

28

3% Feb. 8
10% Feb. 23

7

ll'i

28

3
3
3
Feb. 10
7
26

9
2b

21

3

33% Feb.
4% Feb.

3
3
4

14

7% Feb.

6%
45

4 103% Feb.
3
8% Jan.
16
83
Jan.
3
14% Jan.

11

35

3

23
Feb. 15
Feb. 23
10% Jan. 12
Jan. 19
30
16% Feb. 23
12% Jan. 13
115
Jan. 31
17% Jan. 13
96% Jan. 17

4

14

13% Feb.
18% Feb.

22

11

Feb.

20

Feb.

8%
9%
80
5%
49%
4%
31
19%

11

Jan.

98% Jan.

89% Jan.
20% Feb.
12% Feb.
11% Jan.

Feb.

39

Jan.

34
92
19

65% Jan.
16% Jan.

4

19% Feb. 10

Sale

Jan.

14% Feb.

Feb.

88

Feb.

4

49% Feb. 25
1
1% Feb.

15% Feb.

Jan.

30% Feb. 21
2% Feb. 14
8% Feb. 18
11% Feb. 14
34
Feb. 16

25% Feb.
15% Feb.
38% Feb.

Feb.
Feb.

12

15% Jan.

92% Feb.

50
31]
27]

29%

Feb.
1% Feb.
6% Feb.
9% Feb.

40

3
5

Feb.

48

28

78

8

Jan.

15

20

28
3

10% Jan.
110
Jan.

48

57%
27
27%
3% Sale

4

8% Feb.

30
16

18*

55%

L04

4

20% Feb.
26% Feb.

3

Sale

43% Sale
101% Sale
15% Sale
21

Feb. 21

16% Feb.

7

7% Sale

77
17

3

21

Feb.
Feb.
Feb.
Feb.

44% Feb.

Feb. 21

12% Feb.

7% Sale
12% Sale
16% Sale

5%
37%

14

19% Feb.

1% Sale

34

Sale

18% Sale
2% Sale
8% Sale

20
Sale
47%
52

40

Feb.

17% Feb.
21% Feb.

10% Sale

13%
15%
7%
7%
19% Sale
3% Sale
9% Sale

10
17

28

27% Jan.
13

10% Feb. 23

5

Feb.

24% Feb
15% Feb
13% Feb

_

Sale

1% Sale
7% Sale

9

Feb.
Feb.

12

30

7% Sale
17%
2% Sale
8
9%

20% Feb.
12% Feb.
11% Feb.

Feb.

9% Feb.
30

95

40% Feb.

Sale

17

Feb.

44%

29

92

20% Sale

Sale

4% Sale

90

Sale

8% Sale

84

7% debenture.........100
iBush Term Bldgs—•

5%

4

86

8% Sale
23% Sale
29%. 30%
30% Sale

31

35

{Bush Terminal Go.........*

Butler Brothers...........10

3
16

88

38

Watch
Bullard Co

Feb.

25% Feb.
25% Feb. 17

34

Wheel

8

28

Brown Shoe. Inc.
......*
Bruns wlck-Balke-Coll ......*

Bulova

14% Feb.
27% Feb.
13% Feb.
10% Feb.

5

IZS/*

62
Sale

15% Sale

Budd

Feb.

3

7% Jan.
9% Jan.
30
Jan.
86
Jan.
14% Jan.
8
Jan.

14
42

18% Sale

..

,2,400

Sale

26

93 preferred class A.....10
10
200 Car Clinch F Ac Ohio Ry..l00

700
90

26'

$4 preferred series A......*
Brooklyn Union Gas........*

4,200 Carpenter Steel Co.........5
7,000 Carriers Sc General Corp....l
100
42,100 Case (J I) Co.......
1,880
7% preferred...........100
*
42,800 Caterpillar Tractor..
5,200
5% preferred...........100
60,400 Cetanesa Corp of America.. *
200
7% prior preferred
100
8,900 Celotex Co
560
5% preferred..........100
4,500 Central Agulrre Associates.*
38,300 Central Foundry Co.—.1
280 Central 111 Lt 4%% pref.. 100

1,100

Sale

Bklyn-Manhattan Transit ..*

1

1,700
3,100
19,800
1,010
22,100
1,900
23,600

19%

i:B. 'v.

25
90,800 Canadian Pacific
SAOO Cannon Mills..............*
3,000 Capital Admin Co Ltd c A..1

'""loo

Sale

30

20 Canada Southern Ry Co.. 100

29~606

M

Sale

Brooklyn Sc OueenS Transit.*
$6 preferred..............*

200

16,800
28,800
10,000
105,400

39%

Bristol-Myers Co...........5

480

200

w*
86

Sale

8% Sale
19% Sale
22% 26

Budd (E G) Mfg......
Preferred 7%..........100

2,200
5,900

16II

30

89

Bridgeport Brass Co........*
Briggs Manufacturing. .....*
Briggs Sc Stratton
•

91,600
4,390
34,200
22,100
9,100
24,400
28,500
11,100
3,100

830

a*

40

23%

Sale

Sale

13% Sale

64
Sale

40
32

Boston Sc Maine.........100

18,600
1,380
8,500
12,300
2,900
10,000
10,100
1,300

14,700
5,200
33,100
21,300
1,570
6,600
20,800

fii

11% Sale
17%
15%

MM

.....10

90

7% Jan.

10% Feb.

3
16%
7
12% Sale
12%
112
Feb. 25 112
110% 115
16
Feb.
3
16% Sale
17
4
94% 106% 92% Feb
92%
30% 42
103% Sale 166"" Feb".
1103%
8
Sale
3
8
7% Feb.
82
Feb. 16
82
84% 82
Sale
12%
11% Feb.
13%
Sale
16% Feb.
18%
Sale
39
40%
32% Feb.
Sale
58
50% Feb.
60%
Sale
9
14% Feb.
15%
94

24)4

.5

Bucyrus-Erle Co..

Feb.

10% Feb.

3
8
14
1

"

Sale

92
22
14

Borg-Warner Corp

7% preferred........... 100

160

14% Sale

15

50

95
Sale
9
8%
29
30
15% Sale

90%

31

3

-

Borden Co.(The).

240

6,400
2,100
8.800
5,600

Sale

39
12 %

tBotany Cons Mills A.;

33

7% Feb.
8% Feb.
9% Feb.

igS

Sale

58

..._1

Class B_.

Bond Stores Inc.

80

900

Sale
29

22)4
85 %

5.800 Bower RoUer Bearing Co..17
61,500
71,500
2,400
5,500
8,700
31,300
72,200
13,200
21,000
1,200
10,200
24,300

Sale

....*

800 Bon Ami class A......

"l",766
18,100
22,800

Sale

85%

Bendlx Aviation Corp
5
Beneficial Indus Loan Corp.*

Sale

.

42
97

*

290 Bloomln gdale B ros
*
30 Blumenthal Sc Co pref.... 100

270

300
850

Sale

200 Belg Nat Rys part pref...

100

115
Sale

15%

Beech Creek RR Co.......50
Beech-N u t Packing....... 20

"MOO

Sale
Sale
Sale
29
Sale
Sale

32

10)4

4,400 Beatrice Creamery........25
600
$5 preferred w w_.._...__*

"""600

12

Sale
28
Sale

.......

100

10% Sale
9% Sale

Sale

Sale

34,600 Barber Co Inc.............10
6,800 Barker Bros..
710
3)4% preferred..........50
5
115,900 Barnsdall OH Co
5,300 Bayuk Cigars Inc
.....*

1,700

Sale

90

700 Bangor Sc Aroostook-.....50
150
5% con? preferred......100

60

17,900
3,200

Sale
Sale
35

V t c when Issued...... 13
142,500
223,300 Baltimore Sc Ohio.
....100
44,400
4% preferred
100

\

MARCH, 1938]
AQGREQATE

N. Y. STOCK

EXCHANGE-STOCKS

SALES

33
RANGE SINCE JAN.

PRICES IN FEBRUARY

1

Price
In

Since

February

Jan. 1

Shares

Shares

25,800
20,300
4,520
60

..........

6,800
43,600
500
200

800

;

2,500
2,000
50

1,200
6,700
12,100
8,900
2,200
10,500

6K

......100

26
103 K
28

6%
42 K
33 K

89

K
2%
1

3K

2)4
11

K
1)4
IK
3K
9K

5% preferred...........100
28,800 {Chicago Ac North West..100
7,300
Preferred
..100
26,600 Chicago Pneum Tool
_.*

1,600
6,800
4,700
5,500
1,700
9,100
15,320

2,300
1,100
1,900
200

4,400
6,320
550

36 )4

41,800

800

257,300
4,700

Pref series A

1,600 {Chic 8c East III RR
100
3,500
0% preferred
100
7,900 {Chicago Great Western.100
16,100
4% preferred......
..100
80 {Chic Indlanap 8c Louis pflOO
5,700 Chicago Mall Order Co
..5
24,000 {Chic Mil St Paul 8c Pacific.*

400

$3

preferred........*
{Chic Rock Isl 8c Pac
100
7% prefferred
...100
6% preferred
—100
_....*
Chicago Yellow Cab
Cbickasha Cotton Oil.....10

12 K

ChildsCo

950
6)4 % preferred.........100
10 City Investing Co........100
5,600 City Stores
......5
7,100 Clark Eouipmenf
*

10

K
2M

9)4

103

Sale

8)4
Sale
Sale
90 K
IK
3%
1K
Sale
5
Sale

1
Sale
Sale
Sale
Sale
30

1
Sale

35 K

Sale

11K

Sale

58

62

56
3

39 K
33 K
89

17K

19

7 K
29 K

2K
K
3K

K
IK
IK

3K

380

1,130 Cleve Elec 111 34.50 ser pref..*
8,700 Cleve Graphite Bronze (The)l
60 Cleve & Pitts RR Co 7% gtd 50

20
40

12,700
9,700

40

130

4,200

.

5,400

....100

Preferred

900

Class A

•

65,600 Collgate-Palmollve-Peet Co__*
3,900
6% preferred...........100
*
16,600 Collins Ac Aikman

90

390
5% preferred
....100
10 Colonial Beacon Oil Co
*

10

5,300

5,810 Colorado Fuel Ac Iron Corp..*
1,580 Colorado Ac Southern.... 100
789
4% 1st preferred.......100
120
4% 2d preferred
..100

280
460

10

82

45 K
35 K

84
1

3ff

9 K

4K
36

50

54 K
12

Sale
12 K

Sale

K
1K
IK

Sale
Sale
Sale

14
111

113
57 K

Sale

3

27

5K

11K

10

19

108

37

Sale
Sale

50

5

Jan.
Jan.

4

3

9K Feb.

3

Jan.
Jan.
Jan.
Jan.

10
10
12
15

Feb.

9

32K Jan. 17

1

3

Jan.

60

Feb.

28

60

2K Jan.
17K Jan.

27
4

24

60

2

Sale

18

Feb.

15

3K Feb.
2
20K Feb. 26

Sale

107

Feb.

4 110

23 K

Sale

20

Feb.

3

75 K

76

Feb. 21

75K Feb. 23

23K Feb. 28
75K Feb. 23
45

Feb.

400

68,700
800
20

18,100
100

14,200
800

22,800
93,500
8,900
26,700
100

6,300
i

700
370

27,000
2,000

4,000
Class B
2.50
9,500 Columbian Carbon v t c
..*
12,200 Columbia Pictures Corp vt c ♦

1,100
$2.75 conv pref..
....*
216,100 Columbia G Ac El common
*
2,000
6% pref series A........100
360
5% preferred
........100
35,900 Commercial Credit
.....10
200

preferred
100
34,700 Comm'l Investment Trust..*
1,200
$4.25 conv pref ser of '35__*
82,200 Commercial Solvents
*

233,900
18,800
33,400
1,400
13,500
1,700

160

160

240

2,700
1,400
63,900
6,900
3,300
58,100

6,200
5,000
217,200
13,100
8,500
150,000

100

100

10,400

30,000
20,400
12,100
1,600
1,300
55,200
59,700
40,800
1,700

900

800

18,200
20,000
10,800
1,000

21,600
1,500
3,800
8,200
9,200
46,000
1,400
1,200
12,600

47,200
3,700
13,100
17,800
28,700
100,000

600
!

4K%

conv

Commonwealth Ac Southern *

$6 preferred

..*

18
3

Feb.

18

Feb.

25

4

18

37

29

Feb.

Sale

15

94K
29
Sale
8
Sale
10K

93

112

58K

59

8K

41

8

29

8

29

Feb.

8

29

Feb.

Feb.

3

17 K Feb. 26

15

Jan.

27

20

6K Feb.

3

Jan.

3

Feb.

3

8K Feb. 21
11K Feb. 23
9K Feb. 11

6

9

8
Sale

7K

Conde-Nast Public'na _„„„„_*

Congoleum-Nalrn Inc....
*
Congress Cigar
.......*

7% preferred...........100
6K% prior pref........100
Consol Film Industry......!

$2 partlc preferred.......*
Consol Edison Co of N Y fnc *
$5 preferred

......*

Consol Laundries Corp.... .6
Consolidated Oil Corp......*

$5 preferred

8

Jan.

27
8

9K Feb.

11

17K Feb.

1

18

9K

500

2,000
180

181,900
7,600
1,200

31K
81

90

37
85 K

7K
IK

39K

Sale

93
Sale
Sale
Sale

"1% "l"
22

Sale

7K Sale
6

8K
Sale
7K Sale
66 K Sale
17 K

70

72

IK
5K

96 K

Sale
Sale
Sale
104
Sale
Sale
4K

4K
9K

3K

100

v t c

Consumers Pow Co $4.50 pf.*
Container Corp of America.20
Continental Bakcl A.......*
Class B

K
15
83 K
12 K
10 K

*

IK

8% preferred...........100

69 K

.....

Continental Can.......

$4.50 preferred

20

*

Continental Diamond Fibre 5

Continental

Insurance..2.50

Continental Motors

1

1K

Sale

3K

5% preferred

„

Sale

22

38 K
105

Feb.

9

Sale

28 K

IK

29
Sale

28K Sale
Sale

Sale

Preferred..............100
17,000 Coty.Inc

164K

Crane Co.................25

5%

conv

conv

pref

21

•
*

28

*

w w

Preferred ex-warrants

Crown Zellerbach Corp

$5

conv

5
pref.............*

Crucible Steel of Amer

27

7K
8
34 K Sale
32 K
37

........*

Crown Cork Ac Seal

$2.25

23 K Sale
91K Sale

_.*

Cream of Wheat ctfs

Crosley Radio

Sale

4

100

preferred

....

Preferred

10C

10'

33

9K Sale
63 K
34 K
83 K

66
Sale
90

{Cuba Co (The)............*

6K Sale
4K Sale

Cuban American Sugar....10
Preferred
100

Cudahy Packing
50
Curtis
Publishing Co (The)*
Preferred

.........*

Curtlss Wright Corp..
Class A
...

.....

1
1

210 Cushmans Sons 7% pref.. 100
180
$8 preferred..............*

22 K
18,600 Cutler-Hammer, Inc., new..*
22 K Sale
3,600 Davega Stores Corp........5
6K
7
Conv 5% preferred
13 K
1,300
..25
14
2,100 Davison Chem Corp (The)..l
300 Dayton Pr Ac Lt 4K % pre 100 102K Sale"
..1
*
21 % Sale
312,800 Deere Ac Co new
Preferred
20
11,200
22 K Sale
3,100 Dieeel-Wemmer-GilbertCorplO
12
Sale

For footnotes

see

page




40.

Feb.

18

37K Feb.

1

96

Feb.

2

42 K Sale
96
100

88

Jan.

7 K Feb.

4
4

Sale
6K

22 K Feb
6
Feb.

3

Sale

20K Feb.
7 K Feb.

1
7

10K
Sale
7 K

62 K
79
IK
5K
Sale
Sale
Sale
Sale

1

5

7
Feb. 16
13K Feb.
3
6K Feb.
4
63

IK

31K Jan.

88

Feb

18

86

Feb. 28
Feb.
3
Feb. 25
Feb.
1
Feb. 25

30

Feb. 17
5

15
2
23
24
23

4K Feb. 16
8K Feb.

4

Feb.

1

5K Feb. 23
10

Feb. 23

4

Sale
Sale

12K Feb.
IK Feb.
79
Feb.

3
3

15K Feb. 25
15K Feb. 25
2K Feb.
1

2

85

5

Sale

Sale

76

Sale

70

Sale
6K Sale
44 K Sale
4K Sale
15 K Sale
Sale

Sale

49

16K
16 K
6K Sale
46 K
49
4K Sale
16 K Sale
52 K
54
22 K
18 K

22 K

17 K

d*
105*

dH

5K

85

15

6K
17

8K Sale

20

Sale

105
23 K

22

K Sale

22 K

.

12K

12K

Sale
Sale

13K

7K Jan.
IK Jan.

3
18

Feb.

4

22K Feb.

3

Jan.

27

6

20K Jan. 31
7K Feb.
7

6K Jan«

8

13 K Feb.

3
6

6K Jan.

67 K Feb.

Feb.

1

15K Feb.
5K Feb.
43 K Feb.

1

3
3

2

7
7
3
x2VA Feb. 14
12

Feb.

4

19

Feb. 28
Feb. 14
Feb.
1
Feb.

Feb.
7
Feb.
7
Feb. 17

48 K

17K

Feb.

Feb.

Feb.

52 K
22 K

8K Feb.

15

Feb. 10
Feb. 25
Feb. 21
Feb.
3
Feb. 25

IK
13K
5K
76
17
6K

1

15

Feb.

83

4

105 K Feb.
18K Feb.

25

24
21
10
23
1

4K

18

8

12

3

13
Feb. 17
Jan. 14
Jan. 22
Jan.

Jan.

5

10K Feb. 23
19K Jan. 17
8
Jan.
Jan.
75 K Jan.
68

17
15

IK Jan.

25
11

6K Jan.

12

25K
96K
5K
10K
101K
7K

Jan. 14
Jan.
3
Jan. 15
Jan. 10
Feb. 21
Jan. k7
K Jan.
4
5K Jan. 12

22

Jan.

12

86K Jan.

21
18

16K Jan.
16K Jan.

5

85

Feb.

23

3

45K Jan.

12
21
17

Jan.

2K Jan.

5 110K Feb.

15

13

3

9K Jan.

27K Jan. 28
IK Jan.
3
27K Feb.
5
12K Jan. 27

Jan.

12

IK Jan.

34K Jan.
16K Jan.

15
11
10

56

12

49K Feb.
58K Feb.
164

Jan.

3K Jan.

3

3

19

Jan.

31

90

Feb.

1

21K Feb.

2

8

Jan.

32

Jan.

4 65K Jan. 17
7 166 K Feb. 21

4

31K Feb.
3
34K Jan. 28

4K Jan.
29 K Feb.
98
Jan.
25
Jan.

10K Jan.
39K Jan.
37

12

25
14
11

11

17

Jan.

4

12

Feb.

3

33K Jan.

9K Feb.

3

12K
72K
44K
94K
IK
13K
5K

Jan. 11
Jan. 17
Jan.
7
Feb.
7
Jan. 10

87

Jan.

.3

18K Jan.

6

Jan.

5

3
80
Jan. 31
K Feb. 14
6K Jan.
5
4

Jan.

27

28

70

Jan.

Feb.

11

15

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb

2
23
23
23
21
2
25

5

Jan.
Jan.

27
3
3

39

Jan.

4

Jan.

3
3

13 K Feb.
4
48K Jan. 11
19

3
8
17

23

Jan.
Jan.

3
3

Feb.

13 K Feb

10
2

42K
25K
7K
24K

Jan.

7K Jan.

15K
5K
13K
9 K
8K
107
Feb.
3 102K
18K
25K Feb. 23
24
Feb.
4 £21K
18K
6K
15K

Feb.

Jan.
Jan.

38K Feb.
107

4

31K Feb.

3

3
5

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

73

66

Feb.

7

Feb. 23

38K Feb. 25

Feb.

Feb.

2

5

19
29

Feb. 16
Feb.
4
Feb. 21
Jan.
3
J an.
3
Feb.
3
Feb.
3
Jan.
3
Jan.
4

11K Feb. 26
72
Feb. 25

13K Feb.

15K Feb.
5K Feb.

Feb.

4K
8K
101K
3K
)4
3K
13 K
83 K
12K
10K
IK

30

49

4

Feb. 23
Jan.
5

26

19

Sale

17

93

15

K Sale
Sale

Jan.

4

Feb.

90

83

93

44K Jan. 17
96K Feb.
3

IK Feb.
5K Feb.

10 K

82 K

3

20 K Jan.
90
Feb.

9K Feb.
3
3
31K Feb.
3
80
Feb.
3
K Feb. 14
9K Feb.
1
4K Feb.
1

K Sale
9K

Jan.

IK Feb. 24
6K Feb. 18

Sale
Sale

80

18

36

22K Feb. 25

12 K Feb.

75
Sale

88

4

5K Feb. 19
20 K Feb.
90
Feb.

3

84

11K Sale

5

71

a

36

17

Jan.

63

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

68

38K Jan.

Feb. 23

Feb.

Sale

18

3

Feb.

Feb.

Sale
72

15

Jan.

63

3 44K
1 110K
3
8K
29
4 31K
IK
IK
4
28 K
5 33K
13
14
4
50
3 51K
60 K
4 65K
162
164
164
Feb. 24 166 K
4
4
4K
4K
4K
3K Feb. 11
19 K Sale
19 K Feb.
27 K Sale
1 29K
90 K Sale
93 K
94
90
Feb.
1
96
22
Sale
23 K Sale
21K Feb.
2 23K
9
Sale
9
Feb.
1
8K
9K
9K
35 K Sale
34 K Sale
31K Feb.
3 36K
34
36
34 K
37
31
32 K
30
Feb.
3 33
31K 33
9K

13

24

79
65

Jan.

73

Sale

36

9K Jan.

9
5

Sale

68 K

4

23

Sale

8K

11

6K Feb.
Feb.

85 K
Sale

87

Jan.

Feb.

43
Sale
38K
109 K
109K 110
7K
8
7K
Sale
31K Sale
27K
Sale
IK Sale
IK
32 K Sale
Sale
27K
13K
12K
13K
14K
Sale
50 K Sale
49K
64 K Sale
Sale
58K

14 K

10

33

60

15

83

10

15K Jan.

5
8

Feb.
Feb.
Feb.
Feb.
7 K Feb.

15
12
10
10

Jan.
Feb.

Feb.

Jan.

8K Jan.
UK Jan.
9K Jan.

15
11

68

6

4
12
22
8

Jan.

2

23K
7K
10K
17K

12

76

72
Feb.
IK Feb.

40 K

110

12

Feb.

17
25

22K Jan.
21K Jan.

42K
96K
8K
IK
37
25K

IK Feb.
30
Feb.

7 K

71

17
14

Jan. 29
Jan.
3
Feb.
4
Feb.
3

61K Feb. 25
36K Feb. 15

Sale

Sale
Sale

Sale

Sale

60

3

Sale

5

Sale

31K Feb.

8K Feb. 25

83

15 K

Sale

24

23

86

<6K

4K
70 K

4

4

79 K

Sale

16

6K Feb.

Feb.

21

Sale

48 K

30

14 K
14 K
2

15

Sale

33

23

Sale
Sale

6

87

39 K

17

Feb.

101K Feb. 21 101K Feb. 21
103
6
5K Feb. 17
6K
7K Feb.
7
K Sale
K Feb.
1
K Feb.
1
3K Sale
3K Feb.
3
4K Feb.
1
13 K Feb.
16
Feb.
3
3
13K
14K

K Sale
4K Sale

K Sale

Cuba RR 6% preferred...100

14K Feb. 23

Feb.

Feb.

95

Sale
8K
Sale
IK
34 K
35
23 K Sale
24 K
6
5K6
20 K Sale
x23
7 K
7
7K
8
9K
9K
15 K Sale
16 K
7
6K
7K
65 K
60 K
73
74
73K
IK Sale
IK
5K
6
5K
21K Sale
21K
91K Sale
92 K
4K Sale
4K
8K Sale
9K
100
98 K
106

71

60

90

IK

4
3

8

Sale

7K

2

Feb.

36

33

Feb.

62K Feb.
11K Feb.

68

63

9
9

17K
17K
62K
11K

32

60

96

85

107 K

7K
69 K

14 K

19K Feb.
19 K Feb.

34
Sale
Sale

Sale
90
Sale

38 K
94

Sale
Sale
Sale
Sale

7K Sale

19
Sale

63

16

72

33 K

Sale
73 K

60

Sale

13K

32 K

33 K
83 K

17

Sale

140
160

29

14

53,750
1,100
97,000
1,600
18,300
7,720
18,600
1,400
4,100
37,600
6,900
303,700
127,000

8,600
1,100

Sale

35
Sale
Sale
Sale
Sale

59 K

22,700!

520

Sale

50

200

1,000
9,100
1,800
66,700
33,000

12

27 K

Prod Refining.......25

2,500

11,300
3,020
3,000

70

Exch Bank Trust Co..20

"i"io6

500

Sale

12 K

Consol RR of Cuba 6% pf.100

2,050 Corn
27,800 Corn

68,500
4,200
6,100
11,300
53,700

300

66

{Consolidated Textile...... *
Consolidation Coal Go vtc.25

Continental Oil of Del.....5
5.200 Continental Steel Corp.....*

43,000
1,600
3,100
1,700
19,700

26,600!

18K

Sale

98 K

800

4.600

17K

19

45

90

87 K

20K

10

Feb.

94 K

94

7 K

45

Feb. 25
Feb.
33K Jan. 28 41
15K Feb. 17
13K Jan. 27 15K Feb.
Jan.
3 117K Feb.
Feb. 14 117K Feb. 14 111
Feb.
3 123 K Feb. 24 112
Feb.
3 125
Jan.
58 K Feb. 18
Feb. 10
Jan.
58K Feb. 10 59
Feb. 16
10K Feb. 25
8K Jan. 28 11K Jan.
Feb. 11 91K Feb. 25 | 87 K Feb. 11 95K Jan.
Feb. 15 1 20K Feb.
Feb.
3 25
3 27H Jan.
Feb.
5
94K Feb. 10 1 90
Feb.
5
96
Jan.

Sale

67

64 K

7
12

Feb.

24

70

28

Jan.

13K Feb.

Sale
18

72 K

Feb.

3K Jan.

34

Sale

7K

23

15
13K Jan. 12
67K Feb.
3

45

17 K
17 K

8K

37
Feb.
63 K Jan.

Sale

Sale
Sale

17 K

12

12 K Jan. 12
16K Feb. 18
5 K J an. 12

Sale

23

Commonwealth Edison Co. 25

860 Conn Ry Ac Ltg 4K% pref. 100
108,100 Consol Aircraft Corp._....„l
6,600 Consolidated Cigar......... *

100

9,400
4,700

Broadcasting
System Inc class A_...2.50

21,300

20
11

2K Jan.

Feb. 21
106K Jan.
7 110
19K Jan. 28 26K Jan. 10
Jan. 27
75K Feb. 23 76

Columbia

7,800
1,300
4,200
3,800

IK Jan.
2K Jan.

15K

20 K
16 K

18

5

11

39

Sale

8

Jan.

IK
IK
4K
12K

59

67K Feb.

28

9K
91K

7K
9K

1

3

15

Feb.

8K
91K

12K

Jan.

27
26

Feb. 28

Feb.

2K Feb.

Sale

15 K

14

K Jan.
IK Jan.

3

11

13
10
10
22

5

Feb.

60

117K 117K

10
9K

12

65

3K

121K
58 K

8K
7K

3

Feb.

11K Feb. 28

Feb.

16K Feb. 18
5K Feb. 15
37
Feb. 23
59K Feb. 23

23

3

11

10

5

Feb.
Jan.
Jan.
Jan.
Jan.

22

Feb

14K Feb. 15
4K Feb.
3
32 K Feb.
4

Jan.

IK
3K
IK
5K
2K

K Feb.
1
IK Jan.
4
IK Jan.
5
9K Jan.
3
12K Jan.
5
3K Jan.
3
32K Feb.
4
46K Jan.
3
11K Feb. 28

1

9
12
11
11
17

Jan.

2

116

30
Sale

25

Jan.
Jan.
Jan.
Jan.

2K Jan.
Jan.

Feb

2

Sale
61
Sale
Sale

Sale

11

14
2

66

Sale
Sale

.....

3

25
1
15
9

IK Feb
2K Feb
IK Feb

80

34 K
13 K

2

10
9

1
17

Sale

77

89

27

Sale

108 K 110

20 K

8

4
4
26

25

124

98

Feb

60

19 K
151

Feb.

K Jan.
2K Jan.
K Jan.

88

26

116 K
58 K

Sale

4

65

21K

30K
12K
46K
38K

Feb

10

Sale
Sale

3

5
4
5

12K Feb

Sale

3

3

31

70
Sale

66 K
56

Feb.

7K Jan.
37K Feb.
31K Feb.

23
2

89"

46K Jan ill
8K Jan. J19
23

32 K Feb.

3 105K Feb.

103K Jan.
£27

IK Feb

2K
Sale

53 K

28

K Feb

2K
IK

35

2

28

9

Sale

9

Feb.

IK Feb.
2K Feb.
1
Feb
4K Feb.
2K Feb.
13K Feb.
K Feb.
IK Feb.
IK Feb.

3

Jan.

6

Highest
Sale Prices

22K Jan.

3

115

21

12K

3

37K Feb. 25

*

35K Jan.

Feb

Sale

95

15 K
8

Feb

9K Feb

Sale

58
Sale
95 K

8K

K Feb. 17
3K Feb.
2
2 K Feb.
9
11K Feb.
3
H Feb.
1
IK Feb.
1
1K Feb.
3

3K

1

15 K

5
8
2
3

Feb.
2K Feb.
1

Sale

49

~37K Sale"

37K Feb.
31K Feb.
Feb.

31K

,3K

10 K

Sale
Sale

4K

13

7 105K Feb,
9
30
Feb.
9
3
3
10
Feb.
8
4 46K Feb. 28

88

IK

30 K

2K Sale
IK Sale
15 K

90

9

32 K Feb. 23

Feb

9

23

44

3

Feb.
Feb.

Sale

...50

11,800 Coca-Cola Co (The)........*

500

,;

4%..

guar

30,100 Climax Molybdenum Co....*
23,000 Cluett, Pea body Ac Co
..*

10

32,500
1,100

Special

105K 107
20 K Sale

104
x21

10K
Sale
Sale

12

Sale
Sale

C C C Ac St Louis Ry Co...100

3,700

Sale

Feb.

8K Feb.

£
3

36K Feb.
6K Feb.
23K Feb.

Sale

4K

3 K

10 K
29 K
1

Lowest
Sale Price

10

9K
Sale
Sale
Sale
Sale

12

Highest
Sale Prices

28

4

2K

Sale
7K
Sale

105 h

Sale
90 K
IK
3K
Sale

1

Sale

75

41K

Sale
Sale

29
11
43

9K

Lowest
Sale Prices

Ask

Sale

105

28 K

A*

47

3%

37 K
7

Sale

Feb. 28

1

Ask Bid

25

Sale
13
Sale
50

•

10,700 City Ice Ac Fuel............*

1,900
2,200

Sale
Sale

Bid

Sale

26

conv

550 Chile Copper....
.......25
825,200 Chrysler Corporation..
5

460

Feb.

Ask

Bid

...

300

■

Jan. 3

1938
Far

70,200 Cerro de Pasco Copp
*
41,600 Certain-Teed Prod
1
8,310
6% prior preferred—..100
Champion Paper Ac Fibre Co
300
6% preferred...........100
4,400
Common
*
3,000 Checker Cab
5
12,900 Ches apeake Corp
*
96,900 Chesapeake 8c Ohio.......25

2,100
1

N. Y. STOCK EXCHANGE

12

Feb.

7

-

Jan.

12

Jan.

12

7K Jan. 12
50K Jan.

18
5K Jan. 10
18 H Jan. 17
52K Feb. 21
22K Jan.
7
24 K Jan. 10
7
Jan. 10

Jan. 28
Jan.
4
Jan.
5 15K
Feb.
7
9K
Jan.
3 107
Feb.
3 25K
Feb. 14 25
Jan.
3
15K

Feb.
8
Feb. 17
Feb.

3

Feb. 23
Jan.

20

Jan.

11

5

34

N. Y. STOCK

AGGREGATE

SALES
Since

February

18,300
900

4,500
50

910

2,100
1,000
6,400
13,200
1,800
200
250

2,100
37,700
100

70,100
6,900
•

300

2,600
1,600
3,000
200

200
10

46,000
1,300
2,100

36.500 Delawar* At Hudson.....100
48.600 Del Lack Ac Western
50
3,500 {Denver RIoGr At Wei pref 100
100
7,300 Detroit Edison...
70 Detroit Ac Mackinac Ry Go, 100
2,210 Uevoe Ac Reynolds A.......
7,100 Diamond Match............*
3,100
Participating
Pref..25
15,100 Diamond T Motor Gar Go...2
27.600 Distil Corp-Seagrams Ltd...*
3,700
5% pref with warrants. 100
*
1,600 Dixie-Vortex Co
640
Glass A
♦
9,300 Doehler Die Casting Go.....*
96.800 Dome Mines Ltd.
3,900 Dominion Stores Ltd—..._•
214,900 Douglas Aircraft Co Inc....*
11,100 Dow Chemical Co..........*
900 Dresser (S R) Mfg cony cl A..*
Class B
•
10,500
2,200 IDulutb South Sh At Ati.100
3,300
6% preferred...........100
2,300 Dunhill International......1
400 Duplan Silk
•
40
8% preferred
100
125,100 Du Pont de Nem Ac Co (El).20
3.000
6% non-voting deben.-lOO

580

6,100
3,400
18,100
31,400

Highest

Sale

Sale Prices
3
13% Feb.
3
6% Feb.
1
1% Feb.

Sale

89

Ask

Sale
Sale

Feb.

13% Jan.
6% Jan.

23

Feb.

25

5
3

1% Jan.
Jan.
Feb. 16 108
4% Jan.
3% Feb. 16

Feb.

1

Feb.
Feb.

18
7

89

16

Feb.
Feb.

9

Feb.

28

29% Jan. 31

25

36

35
7

Sale

Feb,
Feb.
Feb.
Feb.
Feb.

Feb.

68

IV*

AA
Sale

30

17

15% Feb. 21
74% Feb. 25

10

16

Feb.

Feb.

8

32

Feb. 24

4

3

Feb.

20%

21%
60%
6%
4
42%
3 105%
5 20%

Feb.

3

Feb.

11

Feb.
Feb.

28

Feb. 23
Feb. 16

Sale

AA

Sale

Feb.

Sale

88% Feb.

22

"I

Sale

3

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

Jan.

26

12

26% Jan.
36
16

1

17
34

6
8

22%
60%
4
8%
4
46%
27 105%
22
27
3
12%
%
11
%
28
3
3%

Jan.

6

16
24
28
25

35

4
8

Feb.

3

10

Feb.

3

10

Jan.

28

113

Feb.

4 113

Feb.

4

113

Jan.

12 115

Sale
Sale

106

Feb.

134
113

Feb.
Feb.

4 123% Feb. 23
3 135% Feb. 18

112
preferred,..........* 110
710 Duquesne Light 5% lit pf.100 111% Sale

106
132
111

Feb.
Jan.
Jan.

4,500

10

13
115

112

111 %

132%

$4 50

17,300 Eastern Rolling Mills..
5
22,200 Eastman Kodak Go. of N. J.*
670
6% preferred...........100
18.200 Eaton Mfg. Go............—4
18,500 Kltlngon Schlld
...*
5
67,800 Electric Auto Lite (The)
.......3
177,900 Electric Boat

5

Sale

L61
L53

Sale

159
Sale

16
3

% Sale

15%
8%

Sale
Sale

3%

Sale

3

113% Feb.

2

113% Feb.

5% Sale
159
162 ..
17%
3%

Sale
Sale

9

Sale

Sale
Sale
17% Sale

2 115

Feb.

5% Feb.
149% Feb.

166

162

6%
3
3 160
1 165%
4
18%
3
3%
4 20%
4
9%

Feb. 23

156% Sale

6

Sale

17%
3%
19%
8%

Sale
Sale
Sale
Sale

Feb.
Feb.

zl6

3% Feb.
16% Feb.
Feb.

8

5

4

157

16
26
26
25
15

12

12

Jan.
Feb.
Jan.
Jan.
Feb.

1
20
21

Jan.

10

Jan.
Jan.
Jan.
Jan.

17
3
3

Jan.
Jan.

28
27

11

28

8

123% Feb. 23
18
17
Feb. 15

3

7% Jan.
Jan.
3 167

149% Feb.

Feb.
Feb.
Feb.
Feb.
Feb.

10

3 115

Jan.

Feb. 25

5

Jan.
Jan.

4 135% Feb.
4 113% Jan.

111% Jan.

15

Jan.

74% Feb. 25

Feb.
87% Jan.
19% Jan.
8% Jan.
% Feb.
% Feb.
2 % Feb.

25

% Feb. 10
% Feb. 10
2% Feb. 21

3

Jan.

9% Jan.

3
5
3
3

15% Jan.
30
Feb.
17% Feb.
53% Jan.

3

Feb. 24

11

Jan.
Jan.
Jan.
Jan.

66

1

12
24

28
20
27

39% Feb.

20%
31%
6%
12%

23

Feb.

_

9

Feb.

1
5

7

Feb.

IV*

Sale

Highest
17% Jan. 12
8% Feb. 25
2% Jan. 10

28

16

26%

2%

17

Highest

Feb.

30

Sale

...

Sale Prices

3% Feb.

5
Sale

.

Lowest

Sale Prices

Lowest

Feb. 28

Feb. 1

1938
Par

Sharer

190

2,700
9,300

1

Price
Jan. 3

Jan. 1

Sharer
13,200

RANGE SINCE JAN.

PRICES IN FEBRUARY

STOCKS
N.T. STOCK EXCHANGE

In

EXCHANGE—STOCKS

Jan.

12
5

165% Feb. 16

15% Jan.

Jan.

Jan.

Jan.

15
12
12

15% Jan.

Jan.

Feb.

Jan.

7

Jan.

11

8

Elec Ac Musical Ind—

5.500
95,800
9.300
3,500

2,400
400

1,100
11,500

12,900
23,600
9,500

3,600
9,600
5,300
1,100
I,700
6,200
300

7,950
2.640

11,500
~

$7 preferred

*

...........*
~

$6 preferred—..........

6,400
1,100 {Elk Horn Coal Corp......
3,300
6% preferred
......AO
3
20,900 El Paso Natural Gas Co
Elec Storage Battery ......

700 Endicott-Johnson
.......50
640
5% preferred
.........100

400

200

shares..........

285.500 Elec Power At Light

500

26,400
1,800
1,000

American

112,000
3.200
2,300

Engineers Pub Service......1

preferred .......
*5.50 preferred w w_...._
500
S6 cum preferred
-.....*
18.300 Equitable Office Bldg _.-.--*
100
93,400 Erie Railroad
$5

conv

38.400

4% 1st preferred.......100
4% 2d preferred........100
6,700 Eureka Vacuum Clean......5
22.600 Evans Products Co.........A
1.800 Exchange Buffet Corp...—*
8.930 Palrbanks Co.............25
4.210
8% preferred...........100
24,400 Palrbanks Morse Ac Go......*

13,700

6% preferred

"

4*400

9*900

Falardo Sug Go

1,400

2,900

federal

140

3% Sale
9% Sale

11X

Sale

36
33

Sale

32

Sale

27% Sale

26 X

Sale

Sale

2^
18

Sale

34% Sale
L02% 104
4% Sale
44
48%

100
900

4,000
2,600
800

7,900

12*166
1,400
3,400
55,200
700
200

2,100
4,700
510

15,800
60

1,900
50

20,300
190
800

1,300
2,900
8,100
2,200
120
40

5,000
4,200
700

8,800
9,000
190

3,500
14,400
5,500
1,000
3,000
260

178,300
II,900
11,400
10

2,600
320

236,400
3,300
1,000
4,300
6,700
2,100
2,700
5,000

28*205
2.400
19,100
9,650

3,700
1,100
13,200
17,800
3,600

62

52
55
2% Sale
3% Sale

2

2%
6% Sale
9% Sale
7
Sale
3% Sale

6

3%
4

Sale

9% Sale
1%
1%

Sale

1

a9A

10

45,800 General Gable.............*
Glass A
*
16,700
Preferred 7%
........100
1,600
6,600 General Cigar Inc..........*
Preferred (7)
100
470
436,500 General Electric...........*
....—*
31,300 General Foods
30,300 General Gas At Electric cl A.*
10
16 conv preferred A......*
5,100 General Mills..............*
1,050
6% preferred...........100
788,300 General Motors Corp......10
Preferred (5)... .........*
8,300
1,700 Gen Outdoor Advertising. A*
Common.................*
10,400
22,700 General Printing Ink......l
|6 preferred.
2,310
5,000 General Public Service.....*
17,800 General Ry Signal.......—.*
50
6% preferred...........100
85,800 Gen Realty Ac Utilities Corp.1
36 preferred..............*
4,600
53,700 General Refractories.......*
13,870 Gen Steel Castings 36 pref..*
9.800 Gen Theatres Equip Corp...*
2,600 Gen Time Instrum Corp....*
41.000 General Tire At Rubber Co 5
38.900 Gillette Safety Rasos ......*
35 conv preferred.........*
6,400




Sale

6% Sale
27% Sale

Sale

39

26

Feb.

36

Feb. 25
Feb. 25

30
26

27%
%
1%
17

Feb.
Feb.
Feb.

31

Feb. 23

26

Feb.
Feb.

22

3% Feb. 10
11% Feb. 25

Feb.

_

Feb.
Feb.

44

Feb.

45% Feb. 21

Feb.

50

52

1%
3%
5%
3%
3%
7%

17

Jan.

% Feb.

3
3
31
31

Jan.

12
10

Jan.

11
6

Jan.

1% Jan.
Jan.

Jan.

18

Jan.

26

Jan.

19
3

Jan.

6

Jan.

6

3

3

5

Feb.

24

33% Feb. 18
10% Feb. 24
75% Feb. 25

Jan.

13
10

Jan.

ll

10
10

30% Feb. 24

Feb.

12

Feb. 26
Jan.
8
Jan. 18
Jan. 14
Jan. 12

3

2

Feb.

12

Jan.

43% Feb.

1

10

Jan.

Feb.

3

1% Feb.

% Feb.
5% Feb.

14
Feb. 23

5

3% Feb.
40

50

1

26

Feb.

104
_

25

3% Feb. 18
6% Feb. 24
4% Feb.
8
4% Feb.
1
9% Feb. 23

1% Feb.

12

Jan.

3
3

Feb. 26
2% Feb. 14

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

24

Feb.

Jan.

29

34% Jan.

Feb. 26

37% Feb.
.06% Feb.
4% Feb.

Feb.

12

28

Jan.
Jan.

2
Feb.
1% Jan. 27

% Feb.
2

Jan.

Jan.

Jan.

15

Jan.

12
7

28% Jan.

3

Jan.

95

General Bronse............5

—

40.

4
4%

Sale

......100

$6 preferred
........—*
1,100
19,400 Gen Amer Transp Corp.....5
31,900 General Baking Co.........5
290
$8 1st preferred.........

see page

Sale

3% Feb. 16
3
8% Feb.

3% Feb.
8% Feb.
30
Feb.

%
2
Sale
53% 35
105
Sale
3%
Sale
45% 40
52
43%

54

Porto Rico.20
Tractlon..l5

•
9,000 Gabriel Co (The) Glass A
...—1
23,900 Galr Go Inc (Robt)
S3 preferred
..........10
5,100
410 Gamewell Co (The).........*
100 Gannett Go Inc conv $6 pf—*
14,800 Gar Wood Industries Inc...3
*
12,300 Gen American Inveotoro

Tor footnotes

Sale
31

48

30% Feb.

i5o

10%

a*
110

8

4

Feb.

3

71% Feb.

16

a64

3% Sale

Feb.

17 a64

1%
1%
16% Sale
75
77%
32

Sale

15% 30
20% Sale
87%
91
33%
34
17% Sale
25

28

16%
2%
29

18
2%
29%

95

96

18% Sale
58%
66

4%
38

4%
45

96% Feb.

2

Feb.

3

Feb.

90

12,400 Pederal Motor Truck.......*
4,200 Federal Screw Works.......*
13,900 Federal Water Service A..._*
7,600 Federated Departm't Stores.*
2,800
4M% preferred—
100
11,100 Fidelity Phenlx Fire lne.2,50
Fllene's (Wm) Sons Co......*
30*300 Firestone Tire Ac Rubber—10
4,100
6% preferred series A...100
8.200 First National Stores.......*
92,700 Fllntkote Go (The).........*
1,500 Florence Stove Go—.......*
500 Florshelm Shoe (The) cl A._*
6,600 tFollansbee Bros,..........*
10,100 Food Machinery Corp.....10
1,320
4%% corn* pref........100
.......10
44,500 Footer-Wheeler
140
7% conv preferred........*
5,800 Francisco Sugar Go........*
250 Franklin Simon pref
100
43,900 Freeport Sulphur Co....-.10
800
76% conv pref..........100
990 Fuller Co prior pref.
$6 2d preferred...........*
4,720

11,100

Sale

55

|& preferred
*
500 Federal Mining At Smelt—100
Preferred...
.........100
100

100

2,900

37

33%
30%
%
1%
21%
37%
106%
4%
44%

46

140

Light Ac

3%
3%
10% Sale

3

3

Sale

Feb.
Feb.

2

3

77% Feb. 25
33% Feb. 23
23

Feb.

23

91

Feb.

2

19

Feb.

7

88%
31%
14%
23%

Feb.
Feb.
Feb.
Feb.

18

16

Feb.

11

2% Feb.
26% Feb.
93% Feb.
15
Feb.
56
Feb.
3% Feb.
38

Feb.
Feb.

15%

16

15

Feb.

89%

90

87

89

87

Feb.

6

oV*
Sale

6%
6%
6% Sale
93
96%

Sale

Sale

43

Sale

Sale

Sale

8

l2\X
Sale

121% 120
4

Sale
127

95

Sale

A*
Sale

10% Sale

21

Sale

21

73
Sale

Sale

120

120

Sale

24%

63
26

Sale

Sale

Sale

Sale

115%
40%
31%

Sale

Sale

1%

Sale

5% Feb.
5% Feb.

58

115

Sale

113

28

30

Sale

26

Feb.
"Feb.

5

IFeb.

34% Sale

5%
5%
9% Sale
103% 108

30

Sale

'Feb.
»Feb.

31% Feb.

8%TFeb.
Feb.

99
Sale

87

Sale

Sale

Feb.
Feb.

23% Sale

99
Sale
Sale

Sale

Sale
Sale

20

18

Sale

Sale

Sale

Sale

59%

Sale

26

2

Feb.

17

27% Feb.
28 103% Feb.
4

18

17

27

9
1
Feb. 26

14% Feb.
2

Feb.

9
1

4% Feb. 25
*14% Feb. 25
25
3
3
6% Feb. 23
4
6% Feb. 25

3

3

23 r16% Feb.
23 :89
Feb.

1

97

Sale
12

70

Jan.

96% Feb.
2% Jan.
3
Jan,
1% Jan.
14% Feb.
67% Jan.
27
Feb.

18% Jan.
88% Feb.
28
Jan.
14% Jan.
23% Feb.
16
Feb.
2% Feb.
26% Feb.
89
Jan.
14% Jan.
56
Jan.
3% Jan.
38
Jan.

Jan.

18
Feb. 23

Jan.
Jan.

18
3

Feb.
Feb.
Jan.
Jan.

28
11

Jan.
Jan.
/

3

Feb. 26
Jan. 12

3
28

Jan.
Jan,

22% Jan.
3
102% Feb. 28

4
1

3

_iFeb. 23
2
l%JFeb.
1

—,

4

Jan.
Jan.

3

Feb.

9

1% Feb. 17
3% Jan.
3

Jan.

12

22% Feb.
9% Jan.

Jan.
Jan.
Jan.
Jan.
Jan.

12% Feb.
3
13% Jan. 28
87
Feb. 23

Jan.

Feb.
Jan.
Jan.
118"

3% Jan.
8% Feb.
17% Feb.

Feb.
Feb.

Feb.
Feb.

30
118

23
1

29% Jan.
112% Jan.

IFeb.

lFeb.128

5%Feb.*24
9% Feb.125
17 106
2

Feb.
3
Feb.*25

24% Feb.f23
1% Feb. 15
19

Feb.

23

25%Feb. 26
28% Feb. 23
12% Feb. 17

16% Sale
12% Sale
10% Sale
60% Sale

11

13% Feb. 23
11% Feb. 26
61

Feb.

25

Feb. 26

! Jan.
! Jan.
;
Jan.

Feb.

3

2
23

17

9% Feb.
55% Feb.

Jan.
Jan.

Feb.

15% Feb.
Feb.

Feb.

36% Feb.
30
1

17
7
20
17
12
10

11
10
15

26

'Jan.

Jan.

4% Jan.
7% Jan.
102
Jan.

10

17
11

Feb.

3

Jan.

60%*Jan.

11

I Feb. 23
Jan. 15
Jan. 20

1 Jan. 18
I Feb. 24
I Jan. 11

1% Jan.

Feb.
Jan.

3
8

18% Jan.

I Jan.

15

'

87

1% Feb.
15
20
19%
10%

Jan.

56%'Feb.

24 121%IFeb.
4
37
"Feb.

30

12

[ Feb. 11

11

132% Feb.

15 115

13
21
12
21

110% Jan.

Teb.

30

18

Jan.
Jan.

3
31

24% Jan.

25

4

5
10
10

fFeb. 24

25

Feb.
28

11
10
12

IFeb. 23

Feb.

3
...

11

58

JFeb. 18

3

2

15

Feb.
4
Jan. 12
Jan. 10
Jan. 12
Jan. 24
Feb. 23

4

100

1% Sale
18%
18%
24% Sale
25
11

Feb.

4% Feb. 23
40

3

53% Feb. 15
120

Sale

Sale

Sale

3

14

4

56

Feb.

19% Feb. 25
58

Feb.

Sale

Sale

96

3

3

30
Sale

2

3

3

2

Sale

Sale

11

'Feb.

Sale

108

Feb.

2% Feb.
9
30% Feb. 24

1

3% Teb.
8% Feb.
17% "Feb.

120

30

a

16

3

3

120

103

25

3

50
Sale

5%

Feb.

7% Feb.

123
Sale

Sale

26

Feb. 18
Jan. 14
Feb. 2
Jan. 1
Feb.
2
Jan. 12
Jan. 12
Jan.
8
Jan. 11

Feb.

Feb. 11
Feb. 26
Feb.
1

50
Sale

9%

4

4

50

2
18

34% Feb. 11
18% Feb. 10

IFeb.

Sale

Feb.

Feb.
35% Feb.
95

119

54%

1% Feb.

3
4

26% 24% Feb.
117
"Feb.
120
36%*Feb.
Sale
Sale
31%fFeb.
1
> Feb.
Sale

73

23

75
27

it* it*

Sale

Feb.

17

15%

Sale

4

1

15

4i

23

3

16%

Sale
Sale

2

2

Feb.

Feb.

1% Feb.
3% Feb.
12% Feb.

1%

17

4

14% Feb.

25
26% Sale
£103% Sale 102% Feb.
25
26"
22% Feb.
11% Feb.
11%
12
Sale

Feb.

96% Feb.

8

71% Feb.

Jan.

Jan.

1% Jan.

Jan.

Jan.

Jan.

15

19% Jan.
Feb.
Jan.
Feb.
Jan.
9% Jan.
55% Feb.
19%
10%
15%
10%

Jan.

18
10
10
10

; Jan.

10

Jan.
Jan.

10

6

[Jan. 15

!

Feb. 26
Feb. 26

March, 1938]
AGGREGATE

N. Y. STOCK

SALES

In

Since

February

400

18,700
200

3,500
5,300

56,500

Feb. 1

1938

Feb. 28

Par
GImbel Brother!..

Ask

...»

Sale

.......

Sale

$6 preferred
Glidden Go

4H%

55

(The)

con*

preferred

50

Gobel (Adolf)

117,200
3,200
2,000
70

70

51,100

41

I

Sale
Sale
92

Preferred

6,900
1,300
1,300
6,200
3,700
15,300
68,300
2,800
200

490

2,000

5%
1%
12%
15%

Great Northern pref
Great West Sug

Preferred

*

4.500
10

..*
.100

6.300

1,100
40

420

600

1,600
2,500

900

8% preferred

9

...25

31

4,900 Hall Printing
..10
*
1,800 Hamilton Watch........

2,100

24
6

Preferred A..

......

....

700
60

110
6% preferred.......... Itoo
220 Hanna
(M A) Co f? pref. _..*

70

8,300

'25,800 Harbison
120

110

6,400

1,100

Walker Refrac.

6% preferred..........

Ill*
Zioo

Hat Corp class A........

i

6%% preferred w w...
11,100 Hayes Body Corp........

.100

100

50

3,800

2

3.800 Hazel-Atlas Co.....
—25
32,900 Hecker Prod Corp ▼ t c_.

600

...

12,300

10,900 Hercules

8.800

23,500

250

290

Motors........

Hercules

Powder new.....

6% preferred...........100

100
700
100

300 Hershey Chocolate
.._*
2,100
S4 con* preferred...
....*
300 Hlnde & Dauch
Paper Co..10

13,500

24,700 Holland Furnace...........*
300
$5 con* preferred.........*
14,100 Hollander (A) A Son
.....5
9,900 Holly Sugar Corp..........*

230

3,100
3,100

391100

1191300

7% preferred...........100
Homestake

12.50

Mining...

4,200 Houdallle-Herahey cl A

11,300

35,600

11,300

25

18
95
92
22

Sale

128

23

L21

6

5%
50
2

87 %

75

32
6

*

Class B

•

26
Sale
Sale
18

99%
95
Sale

128

Sale
7

5% Sale
61% 77%
2

86
6%

77 y

Sale

2k
98%

90
Sale

Sale

12% Sale

Sale

52

Sale

130

Sale

125

129

Sale
96
150

90% 100%
.46

152

Sale

800

48,000
14,200
1,500

780

170

100

210

10,200
76,800
3,100
5,500
5,100

21,500
246,300
12,200
19,100
12,900

270

430

1,800
65,100
6,700
1,000
3,000
44,700

7,900
216,600
27,700
6,300
7,000
94,100
700

300

^9,900
239,000

20% Sale
53
21

19

9

8% Sale

Sale

22

Sale

9%

10

38.500
1,160

48% Sale

49

79

83% Sale

83

6% Sale
42

Sale

stock ctfs

set

45

Sale
Sale

2

4%
7%
7% Sale
1% Sale

Steel

20
Insuransharas Ctfs Inc
1
tlnterboro Rap Tran.....l00

Corp.......*
6% preferred...
100

(nternat Harvester*......

7% preferred

Preferred.
...100
Internat Paper Ac Pow cl B.*

400

210

126,400
31,700
6,900

New....................15
5% con* pref...........100

380
7% preferred
.....100
199,300 (nternat Tel Ac Tel
•
44,500
Foreign hhare certifs
*
25,300 Interstate Dept Stores..
*
.....

1,600

820

1,500

24,800

300
10

10C

86 preferred—..........1

6,700 Jewel Tea Inc......
52,100 Tohns-Manville
770

340

2,610

Preferred

1,000 Intertype Corp............*
3,200 Island Creek Coal..
1
30

•

Preferred.. ............100

5,000 Fones A Laugh Steel pref. 100
2,800 Kalamazoo Store A Furn Co 10
20 Kansas City Lt 1st pf Ser B •

4,100

28,300 Kansas City Southern....100
2,400
4% preferred...—....100
2,400
8,100

3,000
4,400

7,100
14,700

50

260

5,600
1,400
900

Keith-Albee Orpheum pf.100
Kelsey Hayes Wheel—

For footnotes

see

12
5
10
Jan. 12
Feb. 16
Jan. 12
Jan.

Jan.

Jan.

Jan.

6
7
15
Jan. 18
Jan.
6
Jan. 15
29 126% Feb. 28

17

Feb.
Feb.

95
92

Feb.

20
125

Feb.

Feb.

5% Feb.
67

15
18

4 94
7 22]
16 126]
1
7

Feb.

8

1% Feb.

7

86

Feb.

3

3
6% Feb.
92% Feb. 19

146

Feb.

12% Feb.

Feb.
Feb.
Feb.

3
3

67

17
95

Feb.

92

Feb.

20

Feb.

Jan.
Jan.

6

7
3

12% Jan.

15% Feb.

4
7

49%
126%
42%
84%
18%

9

7

Feb.

17
98

17%
83%
3%
9%
2%

Sale

Sale
Sale
Sale

11% Sale

10

£50% Sale
130

7%

Jan.

Feb. 24
Jan.
Feb.

94

17
23

152% Feb. 17
Jan.

17

11

Jan.

11

1
Jan. 26
Feb.
Jan.

Jan.

13
21

Jan.

10

10 100
Jan.
3
Jan.
11
4
25% Jan.

13
12

12

Feb.

Janl"20

21% Feb.
8% Jan.

7
3

Jan.

10% Feb.
50% Feb.

Jan.

4

90

Feb.

Jan.

26

8% Feb.

Jan.

3

Feb.
Feb.

Jan.

3

Feb.

11

5% Feb.

5% Feb.

Feb.

6% Jan.
1% Jan.

11
3

9

3

25

50% Feb. 15
90

8%
53%
2%
7%
10
1%

8 % J an.
16
Jan.

Feb.

28

20

Jan.

28

38

5% Feb.
6% Feb.

Feb.

4

3

Feb.
Feb.

135
61

14% Feb.
4% Feb.

Feb.

33*

Feb.
Feb.

9% Jan.
3% Jan.
3% Jan.

Feb. 24
Jan. 11
Jan. 13

Jan.
Jan.

13
13

Jan.

13

Jan.

10

Feb. 25
Jan.
Jan.

10
4

,

sji

21

16

135
74

8

Jan.

73% Jan.

79% Feb.

12

11% Jan. 12

29

20

Feb.
Feb.
Feb.

Feb. 25
Jan. 10

22

Jan.

86
8 138

Jan.
Jan.

8

78% Jan.

3

15%

Jan.

3

Jan.

5

6% Jan.

18
14
6
12
11
19
13
12

Feb.
Feb.

17

Feb.

83% Feb.

9

Jan.

6

4% Feb.
11% Feb.

3% Feb.

I4

Jan.

12
12

5

Feb.
Feb.
Feb.
Feb.
Feb.

24
93

9

3% Feb.
152

20
140

Feb.

4

Jan.

26

3

25
95

Jan.

3

13% Jan.
3% Jan.

Jan.

3

29

Jan.

5
4

Jan.

17
17

55% Feb.
142% Jan.
4% Feb.

4

Feb.

4

7% Jan.

Feb.
Feb.

Feb.
Feb.
11% Feb.

Feb.

Jan.

2% Jan.

26% Feb.

Feb.

46% Feb.

8
11

nl*
95

4 '65%

55% Feb.
70
149% Feb. 17 L50
4% Feb.
6%
3
Feb.
4%

Sale

19

Feb.
Jan.

52% Jan.

24

22% Feb.
147

Jan.

67

64% Feb.

3% Feb.

Sale

*7%

4
Feb.
58
Jan. 19 130
9
Feb.
43%
3
Jan.
93
Feb. 16 19]
Jan. 31
22]

8% Feb.
18% Feb.

11% Feb.
4

31

89
140

5% Feb.
6% Feb.

61

3
10
8

6

Feb.

12% Feb.

Sale

Feb.
Jan.
Jan.
Jan.

152% Feb.

8% Feb.

135

5

5

1% Feb.

1% Feb.

18
74

Jan.

60

Feb.

Sale

1%
5%
7%
1%

Jan.

Feb. 15 21%
Feb. 18 100
Jan. 28 96
Jan. 31
25

13

Jan.

Feb.

7% Feb.
94

19

Feb.

86

18

26

123% Jan.

Feb.

28

5

3

5

5% Jan.

2% Feb.
95

Jan.

15% Jan.

3

21
Jan. 11
70
Feb.
1
150
Jan. 12
4% Jan. 11
11% Jan. 21

3

52% Feb. 23

3

52% Feb.

43% Jan.

132

132

Jan.

5

Jan.

19 132

Jan.

19

Class C_................_*

75,500
13,060 Int Rys of Cent Amer..._.
Voting trust certificates..
31155
5% preferred...........100
1,800 International Salt.........*
3,400 International Shoe.........*
2,800 International Silver......108

640

300

Feb.

32

7% Sale
30% Sale
3% Sale

7% Sale
31% Sale
4% Sale

8% Sale
33% Sale
4
4%

6% Feb.

4

27% Feb.

3

8% Feb. 26
35% Feb. 25

6% Feb.
27% Feb.

4
3

1

3% Jan.

3

6

Jan.

21

40% Feb.

38% Jan.

8

48]
22]
35]

Jan.

Feb.

21
17
24

4% Feb. 11

4% Feb.

"

1,000
1,400
1,300

8%

Feb.

6% Feb.
17% Feb.
96% Feb.

2

Sale

?B

132

Jan.

10% Jan.

34

Feb.
Feb.
Feb.

8%

76
138

49% Sale

4
7% Feb.
1 % Jan. 29
5
17% Jan.

Jan.

UH

12
14
6
22
12
16

32% Feb. 17
3
5% Feb.

51

5% Sale

43 % Sale
125
132

3

Jan.
Jan.

22
31
16

Jan.

17

Feb.

49% Sale

Sale

3%

8% Feb.

§2*
32

Jan.

16

Feb.

150

5

25

Feb.

60

4

Feb.

42

92
Sale

149% Sale

*
100

3

19

125

10
24
12

25

17

3
24

Int Business Machines.....*

Feb.

26% Jan.

15% Jan.

4

48% Feb.
83 % Feb.
6% Feb.

8

3% Sale

Internat Agricultural......*
Prior preferred
...100

4

Feb.

30

11

11% Feb.

11
10

25

Sale

93

Intercontinental Rubber..
Inter lake Iron.....

Jan.
Jan.

Jan.

23

52%

50%
86

12% Sale
4
4%
4% Sale
18% Sale

d Interchemlcal

7 x27
3
23

4

12
11

28

Sale

64

Inspiration Cons Copper

Jan.

Feb.

58% Feb.
21% Feb.
8% Feb.

18% Sale

*

Jan.

Feb.
Feb.

18

ill

Jan.

n

19

30

74

6
13
18

23
6

60% Sale
22%
23%
9% Sale

9% Sale

A1000

552,910 Internat Nickel of Canada..

116",§55

Sale

6% preferred...........100
Inland

Sale

7

Jan.

3

8

8% Feb.
18% Feb.

Sale

64

20

Feb.

3
28

5

102

Sale
25

Jan.
Jan.
Jan.
Jan.

11

Feb. 21
Jan. 12

55
2

3

Feb.

l01

Feb. 28

4% Jan.

Feb.

99

8%

Feb. 23

24

Feb.

100

Sale

4%
1%
11%
13%
22%

Feb.

Feb.

9

15
15

Jan.

3% Jan. 28
53% Feb.
5
1% |Jan. 22

16

1% Feb. 17

17

80

45

10% Feb. 26
8% Feb.
1

11

Jan.

19% Jan.
57% Jan.

Jan.

Feb.

18% Feb. 24
16

13

11
19
10

3

13% Jan.
46% Jan.
17% Jan.
76

10

Jan.

70

Jan.
Jan.
Jan.

Feb.

9% Jan.
58

27% Jan.
51 % Jan.
3% Jan.
3% Jan.

45

4

16
3

3
27
3

Feb.

17

71,000 Internat Hydro-Elec Sys A.25
31,600 Internat Mercan Marine....*
51,400 Int Mining Corp..........

100

421605

sec

Feb.

25

4,300 Indian Refining
.......10
33,800 Industrial Rayon Corp.—
.6,200 Ingersoll-Rand........ ..._.*

11,000
2.000

26.000
15,500

RR

11

Sale

75,900 Illinois Central..........100
4,800
6% pref series A.......100
3,520
Leased line 4%
.....100

800

2

Feb.

19

....

29,100
2,000
1,760

25

Feb.

16

5% preferred...........100
97,800 Hudson Motor Car..
92,600 Hupp Motor Car Corp
1

,

Feb.

127%
42%
90%
18%

41%
50%
84% Sale

600

100

12,900
40,300

Feb. 28
Feb. 23
Feb.
2

Feb.

49% Feb.

Household Finance-

3,700
Common stock...........*
1,300
5% preferred
......100
111,800 Houston OH of Texas v t C.25
36,400
Howe Sound Co.........
3,100 Hudson Ac Manhattan....108

1,300

1

1

Jan.

20
5
16

33%

136

86

18

2

17%

Sale

92

Feb.
Feb.

.Feb.

4

Sale

Sale
98
148

6

1

Feb.

8% Feb.

18%
98% 100
92
93%
20% Sale

99

Feb. 21

1% Feb.

6% Jan.
50

40

29

34
Sale
19 %
97

55

9

45

Sale

13

270

160

29

23

Feb.

16% Feb.

57

52

900 Helme
(G W)............ —25
7% preferred.
...... .100

400

3,400

,

Feb. 28

Feb.

19

17

800 Hackensack Water...... ...25

Feb.

4% Feb. 23

28% Feb.

f5

410

200
180

3

53% Feb.
5
1% Feb. 17

125

8% Sale
1%
24%

100

Feb. 14
Feb. 25

56% Feb. 25

21% Feb.
11% Feb.

16% Sale

6% preferred...........100

9

50

45

Gulf Mobile Ac Northern..100

.

89

14% Feb.

127

46

Feb

21

24

15

22% Feb.

22%

25

Feb.
Feb.
80
Feb.
3% Feb.

4% Feb.
1% Feb.

29% Sale

Copper..100
79,100 Greyhound Corp (The).....*
15,800
preferred.......... 10
6,400 Guantanamo Sugar.......

32.700

70

Feb.

2% Feb. 10
3% Feb.
8

Feb.

12

12% Sale
21% Sale

30 Green
Bay & Western RR.100
14,300 Green (H L) Co
1
10 Greene Cananea

mmmm—-

Sale

21%

...10n
...

.....

Sale
Sale
Sale
Sale

25

10
ore prop.

42% Feb. 15
2% Jan.
4

3

48
18

60%

5% preferred............20
Great Northern lr

44

42% Feb. 15
2% Feb.
2

19

Sale

..*

Grant (W T)

20% Jan.

74

Sale

...MOO

Granite Glty Steel.

55

24% Feb. 18

7

Feb.

Sale

Highest
Sale Prices

20% Feb.

14% Feb.

Sale

Lowest

Sale Prices

Highest
Sale Prices
9
Feb
23

Sale

4,400 Grand Union Co trust ctfs-.l
3.800
$3 con* preferred series...*

14,500
7.900
9,900
34,800
140,000
10,800

Lowest
Sale Prices
7
Feb.
3
50
Feb. 15

Sale

168,600 Graham-Paige Motors......!
Granby Consol Mining
37.000
Smelting & Power Ltd
5

1

I

130,200 Goodrich (B F).
8,000
$5 preferred..............*
203,200 Goodyear T flc R_.
6,400
$5 preferred..............*
7.400 Gotham 811k Hosiery......*

4,200

V

Jan. 3

Goebel Brewing Go
......1
50 Gold & Stock
Teleg Co...100

30

V

N. 7. STOCK EXCHANGE

43,800
1,100
34,200
1,800
16,800
16,300

RANGE SINCE JAN.

Price

Share•

0,700

35

PRICES IN FEBRUARY

stocks

Jan. 1

Bharts

EXCHANGE—STOCKS

Convertible class A.......1
Con* class B..........._.l

page

39% Sale
21

Sale

32
16
65

Sale
Sale
Sale

6% Sale
7

Sale

9% Sale
70% Sale
9%
10%
21% Sale
116




40%
21

22

20% Feb.

20

Jan.

6

33

Sale

33

31% Jan.

6

20

17
64

Feb.
Feb.
Feb.

5% Feb.

5% Feb.

Sale

17%

18%

19%

65

69

64%

10%

69

66%

67%

63

11

11%
21%

11

Feb.

10%

22%

12%
25

48
Sale

124

U

Sale

123
69 }
16

....

Sale

8% Sale

20%

Sale

6

Feb.

6

9% Feb.

17

18

16

7%

Sale

Sale

17%

18%

5

17

16

17

3

13%
87

13% Sale
74%
98
7% Sale
4% Sale
81

85

Feb.
Feb.

51
82

Feb.

Feb.
Feb.

7% Sale
5% Sale
85

69

Feb.

46% Jan.
122

Feb.

Feb#

4

3

10

1
3
3

5% Feb. 24
Feb.

28
24

Jan.

12
12

20

Jan. 17
Jan. 25
8% Feb. 26
8% Feb. 26
13% Jan. 12
75
Jan. 11
12
Jan. 18
24
Jan. 15
Jan.
o
117

68]

51
86

Hi*
78

Feb.

28

Jan.

10
10

Jan.

10
16
Feb.
8
10
19% Jan
118% Jan. 28 118% Jan. 28
5
6% Jan.
9% Feb. 25
15% Feb. 19 20
Jan.
3
8
16% Feb.
Jan. 12
12% Feb. 15
Jan. 12

8% Feb. 21

85

Jan

62% Feb. 16

Feb.

7% Feb.
4% Feb.
85

Feb.

66% Jan. 26

124% Feb.

118% Feb.
118%
7% Feb.
9% Sale
Feb.
18
21% 16
16
Feb.
15%
18
12%
13
12% Feb.
74% 80

82

Feb.

3
27
4

4
10% Jan.
20% Feb. 21
116% Jan. 19

20% Feb.

51
Sale
47%
79% Sale
67%
124% 125% 123
65
Sale
62%

Jan.
Jan.

9% Jan
63

....

50

4%

8

117%

!3

7% Sale
4% Sale

16
62

Feb.

Sale

>0% Sale
^6% Sale

16%
19%
18%
7% Sale

65

6% Sale
6% Sale
10% Sale

117

88

40*

44% Sale
20%
22%
34

9% Jan.

39% Jan.

3

6% Jan. 31
4% Jan,
3
80

Jan.

6

Jan.

9% Jan.
6% Jan.
87

Jan.

10
10
14

N. Y. STOCK

36
aggregate

EXCHANGE-STOCKS

STOCKS

Since

A

Jan. 3

N. Y. STOCK EX CHAN OF.

Ask

36

Kinney (G R).........
120
8% preferred

3534 Sale
7*3
7*4
20 34
21
2
234
20 34
48

980

12

Sale

1534

Sale
5*i

Hd

Shares
Keuoecott

Copper

...

Keystone Steel & Wire
Klmborly-Clark.

...

$5 prior preferred...
28,200 Kresge (S S) Co
1,300 Kresge Dept Stores
1,100 Kress (S H) Ac Co new
22,200 Kroner Grocery At Bak.

5
24
14 34
15

I,020 Laclede Gas Light........100
1,950
5% preferred
.....100
13,000 Lambert Co (The)..........*
400 Lane Bryant
9,500 Lee Rubber Ac Tire........
......

25

*

14,100 Lehigh Portland Cement. 25
150
4% cony preferred...... 100
29,900 Lehigh Valley
50
6,300 Lehigh Valley Coal
8,800
6% cony preferred.......50
37,000 Lehman Corn (The)..
1
10,900 Lehn Ac Fink Products Corp.5
5,600 Lerner Stores Corp.........*
51,700 Llbbey-Owens Ford Glass...
11,600 Libby McNeill Ac Llbby
4,000 Life Savers Corp
5
3,300 Liggett Ac Myers Tob com..25
15,600
Series B
25
1,100
Preferred.
...100
2,400 Lily Tulip Cup Corp....
*
20,600 Lima Locomotive Works
*
4,900 Link Belt Co
*
12,800 Liquid Carbonic new
*
91,400 Loew's Incorporated
1,000
$6.50 preferred........—*
41,300 Loft Incorporated
33,400 Lone Star Cement Corp.....
...

......

25
5% preferred
.....100
Lorlllard (P) common...... 10
Preferred...
.......100
Louisville Gas At Elec A.....*
Louisville Ac Nashville
100

31,300
2,160
5,100
10,700
26,100 Ludium Steel

...

1

1.200 MacAndrews At Forbes Co..10
100

43,100
31,300
11,400
15,600
1,800

6% preferred
*
Mack Truck Inc............*
Macy (R H) Co, Ins
•
Madison Square Garden....*
Magma Copper............10
tManatl Sugar
...100
Certificates of deposit.. 100
7% preferred
.....100

240, Pref ctfs of deposit
100
I,900 Man del Bros
*
630 tManhat'n Ry Co. 7% gu.100
17,000
Mod 5% guar
..100
4,100 Manhattan Shirt
....25
8,100 Maracaibo OH Exolor.
57,500 Marine Midland Corp.......5
450 Market Street Ry
100
260

Preferred...

100

Sale
Sale

3*4 Sale
Sale
934 Sale
2434

34

Sale

734
24*4

3634
1734

Sale
2534
8834
Sale
170
16 34
Sale
3834
Sale

45

Sale

88

9034
L60

1534
28 h

105

IK
32

........100

Prior preferred
100
330
Second preferred
Iff
1,400 Marlin-Rockwell Corp. (Del.) 1
.54,700 Marshall Field Ac Co
*
146.000 Martin (Glenn L) Co.....—1

2,090

12,200 Martin Parry Corp....
*
II,800 Masonlte Corp.............*

18

5

1634

24 3i
23

14

1434
1734

Sale

10554
Sale
Sale

3*4 Sale

14,900 Long Bell Lumber A
6,200 Loose-Wiles Biscuit
500

554
*4

2

Sale

L0334 106
1634 Sale
L31
13534

15
24

1154
554
Sale
Sale

15

10054

16
26
36
17 34

47

105

1*8
32 34

3**
18

10334
17
131
16

Sale

4654

Sale

17

v

29

13
22
11

14 34

1634
10134
6

4*

3134

1054 Feb.

3

Feb.

14

Feb.

4

Feb.

4

1234 Feb.

4

Feb.
Feb.

1

Sale

1154
6
Sale

18

Sale
Sale

Sale

Sale

2954

"~4K

~6~~

"6

834
7*8
17 34

634
1334

Sale

734
1434

Sale

1134 Sale
2
234
634 Sale

134

054

3 34
5
8*8
7*8
134
154
2734 Sale
834 Sale
17*8 Sale
334
434
30
Sale
o

„

Sale

31

Sale
2234 Sale
32*8 Sale
13
Sale
27
Sale

126

134

234

654
12

754
734
Sale

234

534

Sale

5*

Sale

10

134
27 34

834

134
11
2

28
Sale

5
22

Sale

13 34

90

300

292,500
1,300
2,180
103,900
25,900
12,200
22,600
27,100

Sale

111
Sale

2\a
Sale
Sale
Sale

-

page 40.

Sale
Sale

Sale

54
il 34
Sale

105
Sale

50

Feb.

3

22

Jan.

17

154 Feb.
1254 Jan.

11

iF

Jan.
Feb.

10
3
12

19

12

7

5

10
12

h

Jan.
1854 Jan.
6
Jan.

Jan.

1534 Jan.
24

Jan.

9*4 Jan.

Jan,
Jan.

28

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1734 Jan.

1434 Jan.

18
12
12

1

17

Feb.

9

Feb.

25
2

Feb.

27*

Feb.

2

Feb.

23

Feb.

27

Feb.

3654
8*4
2734
9254

Feb.

5
26
23

Feb.

23

Feb.

25

Feb.

1

w*

Feb.

39

10

3034 Feb.
Feb.

3 126

17

12*4 Jan.

10

Feb.

Jan.
Jan.
Jan.

12

5

30

1134 Jan.
1434 Jan.

188
Vi
258%

354 Jan.
Feb.
Jan.
Feb.
Feb.
Jan.

2234
834
2234
3134
754
2534

Jan,

88

Feb.

100

Feb.

10234 Jan.
167

Jan.

28

16

Jan.

18

Feb.

25

2234
3434
1634
4434

Feb.
Jan.
Feb.
Feb.

3454 Jan.
4034 Jan.

17
11

Jan.

Jan.
Jan.
Jan.
Feb.
Jan.
Feb.
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16

8
3

Feb.

3

7

21

12

234 Feb. 25
Feb.

:»

Feb.

1
9

28
25

Feb.

4

Feb.

28

Feb.
Feb.

11

10

934 Feb 23
3.934 Feb. 25
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2

3

3434 Feb. 28

3

2554 Feb. 26

23 165

3
3634 Feb.
534 Feb. 18

26

Feb.

23

4234 Feb. 25

Jan.
Jan.

Jan.
Feb.

634 Jan.
10
Jan.
1*4 Jan.
554 Feb.
5* Jan.
334 Feb.
7

134
2654
754
15*4
254
29

Jan.

Jan.

Jan.

Feb.

Feb.

14

5

Jan.

2334 Feb.

3

22

Feb.

9134 Feb.

8

10

80

Jan.

6

Jan.

18
14

Jan.

25

Jan.
Jan.

13
10
12

13434
1734
5634
2134

Jab.

Jan.
7
10 31
Jan. 21
14 126
2454 Jan. 12
3
32 54 Feb. 28
3

3

1334 Feb.
30*4 Jan.

10

11

3

Jan.

13

9

Jan.

24

9

Jan.

2034 Jan.
9

10
13

Jan.

13

3

1234 Jan.
254 Jan.

11

Jan.

Jan.

13
11
11
31

Jan.

13

Jan.

12

5
3

6

7

8

Jan.
8
Feb.
Jan. 26
4
Feb.
3
Jan.
3
Feb.

3454 Jan.

12

Jan.

I

Jan.

8

22*4 Jan.
157

17
12
12
14

18

Feb.

18

5
28
12

106

15*4 Feb.
3034 Feb.
12154 Jan.

10
11

Jan. 17
3954 Feb. 21
Feb. 23

Jan.

44

Feb.

734 Feb,.
1
Feb. 28
12

Jan.

52*4 Jan.

Jan.

134
3154
334
1734
10334
1534
12954

20

10
8

'554 Feb. 11
54 Feb. 23
7
334 Feb.
2
754 Feb.
4
134 Feb.
8
2654 Feb.
4
754 Feb.
4
153s Feb.
3
334 Feb.

10

Jan.

Jan.

734 Jan-

1034 Feb.

11

Jan.

90

7

4

17

Jad.

9

1*4 Jan.

il*

14

Jan.

2734 Feb. 25

7

Feb.

Jan.

21a
42

4
3

2

Jan.
Jan.

11

1034 Jan.
2354 Jan.

7

9

25
12
13
12

165

105

8
12

Feb.

Jan.

26

10

12

Feb.

102

Jan.
434 Jan.
54 Jan.

95

2254 Feb. 25
4
32*8 Feb. 28
-3
1334 Feb. 10
4 £2854 Feb. 24

6 34 Feb.

Feb.

12

1054 Feb.

19

Feb.
Feb.

24

4

5

2

18

Jan.
Jan.

12

4

13

Jan.

9*4
2134
454
3734

14

Jan.
Jan.

12

Jan.

24

Jan.

10

2554 Jan.

26 165
3
4234
3
6*4
25
8

1234 Feb.
854 Feb.

1334 Feb. 15
10

Feb.

74

75

Feb.

Sale

42

Sale

41

Sale

21*8

Sale

205*
654
3234
654

Sale

Feb.

3

13
23

Jan.
Jan.

12

Jan.

10

15

99

5134
108

Si3

Jan.
Feb.

15
17

15

Jan.
Jan,
Jan.

25
19

5 £48
5
22

Feb.

3

10

Jan.

31

Feb.

1

22*4
75*
3534
7*8

Feb. 23

82

82

Feb.

17

82

1334 Sale

12

Feb.

2

14

Feb.

24

1134 Jan.

62

Sale

62

Feb.

62

Feb.

28

62

Feb.

55

Sale

Feb.

11

50

Jan.

4

Sale

Feb.
Feb.
Feb.
Feb.
Feb.

55

45*8

5254
4054
434
1734

28
3

17
3
28

7

Sale

94

Sale

10
23

74

45 J

35

Sale

Jan.
Feb.

7

1354 Feb. 28

Feb.

1034 Feb.
834 Feb.
Feb. 21

7
80

1954

11

Feb. 17
3
Feb.
1
Feb.
3
Feb.
Feb. 17

3434

Sale

10

18

Jan.
Jan.
1454 Jan.
1034 Jan.
Feb.
26
Jan.

24

Sale

72
59
Sale

Feb.

Jan.

4

1234 Feb. 28
3
754 Jan.

Feb.

Sale

94
Sale

10

9

5

7*8

Sale

2134 Sale
1534

m

93

Sale

6134

95
Sale

105

Sale

7

Sale

5034
*8
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934

1*8
234
1534

5434
Sale

13
153
Sale

ava
Sale
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11
12

15

Feb.

1

16

Jan.

13

25

35

Feb.

3

43

Jan.

17

734 Jan .
1734 Jan.
2054 Jan.

3

11*

11

12
12

5

96

Feb.

1

6334 Feb. 26
Feb. 28
734 Feb. 23
5454 Feb. 23
34 Feb. 18
34 Feb. 28
Feb.

Feb.

19

Feb.
234 Feb.
734 Feb.
1
Feb.

4

16 34 Feb.

1

334
1034
154
254

134 Feb.
13

Feb.

Feb.

50

Feb.

24

4 10554

16

16
3
3

1

19
23

Feb. 10
Feb. 23
2
Feb.
Feb. 14

16
Feb. 17
9134 Feb. 25
15 112 34 Feb. 15
4
37 34 Feb. 23
11 26
Feb. 11
1
3634 Feb. 17

9434 Jan.
4634 Jan.
102

4

27

Jan.

5 101

Jan.

16

Jan.
65
28
4 10554 Feb.

28

754 Jan.

12

Jan.
Jan.

12

3
534 Feb.
Jan. 31
2
34 Feb.
3
54 Jan.

50

1

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14

Feb.

3
4

234 Jan

3

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4

Feb.

16

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16

1

Jan.

28

7734 Jan.

29

13

Ill

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5

31

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31

11

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1554
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Jan.
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Feb.

23
9

50

3
1

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23

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9
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3

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43*4 Jan.

13
12

10
8
11
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17
9134 Feb. 25
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113
3734 Feb. 23
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3
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14

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4

10
11
12

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29

5

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10

254 Jan.

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10
10
10
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13

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4

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101

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im

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3

4*4 Jan.

1

60«

3

1134 Feb. 10
4
4934 Feb.

Feb.
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11

94*4 Jan.

16

7

1

Feb.

Jan.

22

4

23

1134 Feb. 10 14 34
4
5434
4934 Sale
4934 Feb.
102
Feb. 15 104
10254 102
3
654
634 Sale
554 Feb.
50
46
Feb. 17 4734
4454

Feb.

29

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Jan.

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Feb.
Feb.
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4

93

Jan.

2934 Feb.

34 Feb.

3

4

25

1854
125*
1854
654

1

3

12

1

26

4

61

13

Feb.

14

72

Jan.

26

1

3

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7

3
534 Feb.
9
Feb.
2
34 Feb.
34 Feb. 28

4

1

Jan.

23

50

3

12
12

4

Feb.

3

>1

28

20

£4634 Feb.
Feb.
104

3
3

18
15

1734 Feb.

3

1

Feb.

4

10
79

4054 Feb.

1054 Feb. 23

4

834 Feb.
40
Jan.
1954 Jan.
654 Jan.
30
Jan.
654 Feb.

iv

4534 Feb. 28
534 Feb. 24

4

78

Sale

23

Feb. 23

3

11334 11234 Feb.
2934 Feb.
3654 Sale
Feb.
2734 2934 26
33
3654
3134 Feb.
*8 Sale
*s Feb.
16
Feb.
1734 Sale
Sale
12
1134 Feb.
1.7 34
1734
1534 Feb.
554 Feb.
654 Sale
14

Feb.

Feb.

Sale

54

1

9

8*8 Feb.
1734 Feb.
2134 Feb.
93
Feb.

15
35

111

49

5

Feb.

22 34 Feb.
Feb.
15
4134 Feb.

Sale

Sale

*

.........




va

.....*
Motor Wheel
5
Mueller Brass Co
...1
Mullins Mfg Corp class B...1

Mother Lode Coalition

Motor Products.....

980
$7 conv preferred.........*
1,800 Munslngwear
•
6,200 Murphy Co (G G)..
♦
700
5% preferred. .......... 100
37,900 Murray Corp of America..10
600 Myers (F E) Ac Bros.........*

see

a

Sale

xjr-

Feb.

94 34 Feb.
1 16534 Feb.
Feb.
11
18
Feb.
3
33

3

80
71/8
1334 Sale
934 Sale

77

14
3

Sale

14*8 Feb. 25

3

Feb.

Sale

Sale

Sale

Sale

4

~7~" Feb".
12

89

Sale

1

—.....*

Feb.

95

1234 Sale

Sale

Sale

5% preferred series A...100
^Missouri Pacific
—loo
Convertible preferred..100
Mohawk Carpet Mills
....20
Monsanto Chemical Wks..l0
$4.50 pref
*
MontgomeryWard At Co.....*
Morrell (J) At Co
Morris At Essex...
......AO

43

20

Sale

Sale

Mo Kan-Texas

2

Feb.

96

Mission Corp

Feb.

22

2654 Sale
9534 103

1,200
7,300
16,900
43,900
8,000
21,800
10,500
19,800

24

24

Sale

Sale

2734 Feb.
1134 Feb.

Feb.

Sale
24

3034 Feb.
12334 Feb.
19
Feb.

Feb.

Sale

800

22 34 Feb.
36
Feb.

23

Sale

Sale

Sale

Feb.
Feb.
Feb.

164 34 165

41

Sale

52

90
165
16

2534 Sale

Sale

Sale

Feb.

Feb

—..—5

*
10U
7% preferred...........100
4% leased lines
100

9

88

29

4

33,900 Mid-Continent Petroleum. 10
13,500 Midland Steel Products

2,400
Preferred
5,600 Minn St Paul At S S M

17

7
Feb
2
Feb.
Feb. 21
5
Feb.
Feb. 17
4
Feb.
3
Feb.
8
Feb.
3
Feb.

Sale

Sale

46.400 Minn Mollne Pow Implem..*

1634 Feb. 23
25
2434 Feb

534
54
354
22*8
934
22*8
3134
754
25*8

4*

Sale

Sale

15

Sale

Sale

105

5

18

160

..

24,100 Minn-Honeywell Reg Co..— *
450
4% conv pref ser B.....100

Feb.

9

15

Sale

....

100

Feb.

Sale

234

560
8% 1st preferred.......100
10 Milw El Ry Ac Lt 6% pref.. 100

Feb.

4
4

pi

102

Sale

.....

106,100 viuml Copper

Feb.

Sale

2

Sale

25

aSS

1834
554
26*8
1634

18*

1234

24
2254 Sale
8,500 Mathleson Alkali Works....*
158
60
7% preferred...........100 15334 157
3834
3454 Sale
11,700 May Dept Stores
10
5
Sale
6,800 Maytag Co (The)
•
2034
25
1,500
$3 preferred w w
—*
20
$3 preferred ex*warrants.-•
90
80
78
400
$6 1st preferred
*
13
Sale
13
II,000 McCall Corp
•
Sale
934
8
22,100 tMcCrory Stores new com..1
7334
73
7934
800
6% conv preferred
100
13
1034
1134
9,000 McGraw Electric Co, new._.l
934
£8*4 Sale
7,300 McGraw Hill Pub Co
•
Sale
4454
90,900 Mclntyre Porcupine Mines..5
22
Sale
20
28,500 McKeesport Tin Plate.....10
634
654 Sale
47,100 McKesson At Robbias—.....5
29
2934
6,200
$3 conv pref
.........*
Sale
7
17,200 McLei an Stores Co........1
80
10
6% conv pref.....—....100
13,200 Mead Corp
* '1134 Sale
6654
150
$6 pref series A.....
..*
53
1,700
$5.50 pref ser B w warr__*
Sale
5,400 Melville Shoe Corp
..*
Sale
12,000 Mengel Co
1
Sale
3,860
5% conv 1st pref..—...50
1634
100 Merch At Min Transp Co....*
Sale
12,000 Mesta Machine Co
.......5

Feb.

17

17 34

234

Sale

15

Feb.
Feb.

495,

1*3

3

16

Feb.
8
3
18
16 34 Feb.
4
51*8 Feb. 23
4434 Feb.
106
Feb. 21 106 34 Feb. 15
108
106
109
9
134 Feb. lb
134 Feb.
Sale
134 Sale
3
39*8 Feb. 21
3154 Feb.
Sale
38*8 Sale
1
Sale
3*8 Feb.
454 Feb. 23
Sale
4
8
Sale
17 34 Feb.
1834 Feb.
19
103 34 10434 10334 Feb. 17 10434 Feb. 23
104
Feb.
1
5
17
Sale
1534 Feb.
1654 Sale
1 13234 Feb. 28
Sale
12954 Feb.
13234 Sale
Feb. 15
3
17
16
Feb.
1634
1634 Sale
Feb. 24
7
Sale
52
44
Feb.
50
48
4
1934 Feb. 23
Sale
1554 Feb.
18*8 Sale

Sale
Sale

Sale

3134 Sale

Feb.

12
19

1634

94

Sale

M

Feb.

14

90

2034

5
Sale
134
28
Sale
2034 Sale

15

Feb.

Sale

29

0*4

Feb.

Feb.

15

Sale

754

Sale
1034
Sale

734
134
2334
754

2

Feb.

11
3

10
3
3
23
15
10
17
2

3

27

Sale

334

Feb.

17

o

1034
23 54

Sale

26

22

19

4*8

18

6

23

Feb.

3

Feb.

Sale
2634

12334 126

7

Feb.

3

Feb.

1534 Sale

26 34

654
Sale
6
634
10
Sale
1*4 Sale

19

4

Feb.

26*8 Feb.

95
93
Sale
166
165
Sale
Sale
£18
16J4
Sale
3254 Sale
40
Sale
38

93

165

3254 Feb.
754 Jan,

Feb.
Feb.

634

34 34

7 3s

Highest
Sole Prices

_27 34

534
25

3451 Sale
2634
9254

Lowest
Sale Prices

2I* il*
13
sit* 1.634

2634 Sale
934
w
2654 Sale

Sale

634
1234

Sale

354
334
2434 Sale
934
1034
2334
2434

16

29
3034
121*» 125

-----

Sale

6

51

16

554
28
Sale

1134
13

Hiohest
Sale Prices

8*g

8

2134
154
1534
48
1434
1434
Sale *17*8

13 34
2254

5*8

Lowest

3854 Sale

2134
234

20

Sale

1134 Sale
5 34
534
1134
12
16 54 Sale
96

Sale
Sale

8

2434

Sale
35

Ask

Ask Bid

Bid

Sale Prices

Feb. 28

Feb. 1

1938

390,200
14,100
1,900
2,500

1

Price

Jan. 1

For fwtnotes

range since jan.

prices in february

sales

1

1434 Feb. 23
67

Jan.

12

11 104

Jan.

12

3

26

754 Jan. 17
4734 Feb. 24

March, 1938]
AGGREGATE

SALES

In

11,700
5,300
25,800
1,400
1,900

112,800
1,200
21,900
15,900
73,800
2,300
5,100

100

900

490

400

9,000
340
280

3,400
•

27,000
700

47,500
44,300

6,500
17,700
1,100

3,300
17,700
60,100
5,030
V

National Aviation Corp....10
National Biscuit..........10

...100
Nat Bond Ac Investment Co.*
7% preferred..

5% pref series A

40%
15
14

300

10,400 National Tea Co..
28,900 Netomas Co
1,900 Nelsner Bros Inc

2,800
8,500
1,300
700
500

a 0

70

90

3*4 Sale
8% Sale
21% 26

1

30

"""ioo
r,400

>

430

71

65

37

32%

87,200
2,600
51,500

218,100
5,700

6% preferred....

.

.

3,200

80

110

41,800
67,900
7.200

105,800
103,200
26,000

80

190

260

460

50

55",300

9

10

140

5,400

179,300

400

690

3,100
30

103,600
1,100
11,500

30

:

2,100
6,300

79,100
18,200
9,400
7.100
25,600
21,600
18,500
5,100
26,800
4,400
13,800
4,100

3.200

.

6% preferred

.....

5%

9

45
13

9%
4

conv

preferred......100
1

100

10
1

Park Utah Cons Mines.....1

Parke, Davis 8c Co..........*
Parker Rust Proof Co....2.50
farm else

Transport Co..

.*

Pathe Film Corp...........*
Patlno Mines 8c Ent Cons ..*
Peerless Corp
8
Penlck 8c Ford.............*

Penney (J C) Co

.........*

Penn Coal 8c Coke

Penn-Dlxle

Cement....

10
..

*

$7 conv pref series A...... *
Penn Glass Sand Corp v t c._*
50

300 People's Drug 8tores Inc ...*
6% conv preferred...... 100
120

400
600

1,400 Peoria 8c Eastern........100
Pere Marquette..........100
2,700
Prior preferred
......100
1,830

730

1,920

Preferred..........

100

•
100 Pet Milk
5
15,500 Petroleum Corp
15,200 Pfelffer Brewing Go........*
25
183,200 Phelps Dodge

700

1,600
400

'hlladelphla Co pref t%__50
84 preferred

...

For footnotes

see page

40.




12
1

9X

4%
14

6 % Sale
1154
11X
27% Sale
35% Sale
14% Sale
114

Sale

133% 140
12
4

7%
1%
38%
34%

Sale
Sale

9X8
1%
40
37

100*4
9% Sale
82
10 %
22

2%
3154
17%
1%
5%
9%

88

Sale
24%
Sale
Sale
Sale
2
Sale
Sale

4% Sale
41 %
62
2

43
Sale

2X8

3% Sale

17

26

Sale

10*4 Sale
93

6%
21

100

7
Sale

123*4 126
9% Sale
45
50
13*4 Sale
42%
46

5

130*4
17*4
6*4
%
*4
•

S

fl
Sale

2

Sale
9%
23
72

39
110

36

1%

Sale

Sale
Sale
Sale
100
7
Sale
130
Sale
15

4%
17

140

Sale
Sale
9%

Sale
Sale
Sale
95*4
9% Sale
83%
86
10% Sale
23

5
Sale

7% Sale
12*4
13%
20% Sale
37% 38%
14
15%

13 %

Sale
1153* Sale

Sale

65

37%

Feb.

4*4 Feb.
1

Feb.

6*4 Feb.
Feb.

2

9
3

Feb.

17

23

Feb.

23

Feb.
Feb.
Feb.
Feb.

23

Feb.

Jan.

106

5*4
4*4
19*4
17

158

180

Feb.

Feb.

4
11

Feb.

Feb.

11

25

3 159
7 136

Jan.

24

Jan.

Jan.

14*4 Feb.

3

Jan.

4

Jan.

3

75
4

70

Feb.

1

75

3*4 Jan.
8*4 Jan.
19*4 Feb.

3
6
4

4*4 Jan.
10*4 Jan.
23*4 Jan.

Feb.

23

Feb.

3

9*4 Feb.
2
22*4 Feb. 24

,

4

854
*4
*4
62*4

25

9
7
20

4
11
12

7
12
12
25

25
23
Feb. 23
14
20

7

11

63

Jan.

11

70

Feb.

11

Feb.

18

35

Feb.

5

40

Jan.

14

Feb.

4

100

Jan.

Feb.

1

3 106
8 12

3
4

19

9*4 Feb.
1254 Jan.

18*4 Feb. 23
38*4 Feb. 25
19*4 Feb. 23

3
3

4

31*4
26*4
4*4
4
11*4
4 115*4
1
*4
59
23
7
2*4
6
7
1
1*4
28
9*4
4
4

2,5

56

Feb.

2fi
17
28
28
26

5

Feb.

3*4
7*4
112*4
%

Tan.

10

2

Feb.

7

5 >

17

Jan.

Feb.

23

Feb,

7

26

85*4 Feb. 24

85*4 Feb. 24

5 186
4 106

4
4
3
7

4*4 Feb.
7
*4 Jan.
5
6*4 Feb. 28

Feb. 28
Feb.
1
Feb.

3

Feb.
Feb.
Jan.
Jan.

56

21
26

Feb.

Jan.

20

24

Feb.

28

15*4 Jan. 28
13*4 Jan. 21
23*4 Feb,
4

25

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

Jan.

29

3

Jan.

*4 Jan.
180

Feb.

1

Jan.

5

4

3

2

3
3

9*4 Feb. 24
92*4 Feb. 24

92

Feb.

Jan.

25

9*4 Jan.

Feb.

3

3

4

5

Jan.

4

1*4 Jan.

11

54*4 Jan.
10*4 Jan.

17

13
10
13

12

22

Jan.

13

5

11*4
22*4
9*4
93*4
5*4

Feb.
Feb.
Feb.
Feb.
Feb.

3

14

Feb.

23

11*4 Jan.

3

3

32*4
11*4
95*4
6*4

Feb. 23
Feb. 24
Feb. 21
Feb.
9

22*4 Feb.
9*4 Jan.

20

Feb.

24

10

88*4 Jan.

15

Jan.

Feb.

Feb.

Jan.

3

17

Feb,
2
Feb. 23
Feb. 25

62

10

3

2*4 Feb. 25
18*4 Feb. 28

25

24

1*4 Jan.

5

Feb.

10

31*4 Jan.

Feb.

22*4
1J 125*4
4
10*4
50*4
8
4
14*4

18

Jan.
Jan.
Jan.
Jan.

8

17

4

Jan.

2*4
6*4
1*4
10*4

3

14

3

61

Jan.

28

Feb.

5

Jan. 12
Jan. 10
Jan. 12
Feb. 17
Jan. 11
Feb. 28
Feb. 26
Jan. 10

99
Jan.
93 54 Jan.
13 54 Jan.

2

2

4

Jan.

13

16*4 Feb.

13*4 Feb. 25

10

19*4
22*4
38*4
26*4
4*4
11*4
115*4
54

12

5 )

30

39

18

Jan.

23

7*4 Feb.

15

5 198

52

Jan.

10

29 106*4 Jan.
Jan.
4 22

20*4 Feb. 25
Feb.

Jan.
Jan.

19*4 Jan.

4 100

88

Feb.
Feb.
Feb.
Feb.

Feb.

Feb.

4

124*4
8*4
45*4
12*4

20

754 Feb.
29*4 Jan.

65

Feb.

11

70

7*4 Feb.

10 *4 Feb".
29*4 Feb.

Jan.

7*4 Jan. 11
5*4 Feb.
1
23 54 Feb. 17

21

50

11

39
23 106
12
8

18

Feb.

Jan.

Jan. 10
Jan. 12
Feb.
2

27*4 Feb. 25
77*4 Feb. 23

10

2
25

10
11
6
21

Feb.
5
1754 Jan. 10
Jan. 31

80
43

Jan.
Jan.
Jan.
Jan.
23
Feb.
27*4 Feb.
77*4 Feb.

5

Feb.

92

Jan.
10*4 Jan.
20*4 Jan.

28 109

Jan,
4
Jan. 26
Feb.
3

130*4 Feb.
16*4 Jan. 26
6*4 Feb.
4
*4 Feb. 11
*4 Feb. 10

""1*4 Feb~"II "1*4 Feb." 11
105

13*1

17 157

554 Jan. 28
20*4 Feb.
3

1

Feb.

2
3

12*4 Jan.

15*4 Feb. 18

39*4 Feb.
4
18*4
14*4 Jan.
3
15*4
13*4 Jan. 31
107*4 Jan. 27 111*4

17

Feb.

Jan.

100

'

39

90%
10

9%
Sale
Sale

91

Jan.

3
3
14

5*4 Feb.
4
19*4 Jan. 31
122

Jan.

8*4
45*4
12*4
42*4

14

Feb.
4
Feb.
8
Feb.
4
Jan. 26

12

4

Jan.

28

17

13

Jan.

4

Feb.
Feb.

24

6

Jan.

3

2654 Feb.
2
39*4 Feb. 21

11*4 Jan.
25% Jan.

4
31

34*4 Feb.

3

16

Feb.

4

3

Feb.

4

3

Feb.

4

3

11

82
9

Feb.

4

10

88%
10%

Feb.

4

20

22

20*4
2*4
32*4
17*4
1*4

Feb.
Feb.
Feb.
Feb.
Feb.

7
3
1
3
3

84

5%

Feb.

4

10*4 Feb
4*4 Feb.
Feb.

3
1
7

Feb,
2*4 Feb.
3*4 Feb.

8
5
3

5

5%
1154
5% Sale
45
47%
71% Sale
2
2%
4% Sale

42

19

•11

25%

3%
11%

25

23

1
25

13*4
4*4
9*4
1*4
55*4
40*4

Feb. 26
Feb.
1
Feb. 25
Feb.
1
Feb. 23
Feb. 25

94

Feb.

11

1054 Feb.
89*4 Feb.
10*4 Feb.

10

18
10

22

Feb.

3

2*4 Feb.
2
37*4 Feb. 28
20*4 Feb. 23
2

Feb.

1

6*4
11*4
554
47*4
73*4
2*4
4*4
22*4
14*4
23*4

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

25

Feb.
Feb.

18
25

31

Feb.

9
11

25
25
8
9
18

13

109*4 Feb.

14*4
32*4
1254
95*4
7*4
24*4
127*4
12

13
12

21

Jan. 10
Feb. 23
Jan. 13
Feb. 21
Jan. 21
Jan. 11
Jan. 21
Jan.
Jan.
Jan.
Jan.

12

66*4. Jan.
11*4 Jan.

12
17

56

16
50

11
10
12

8

42

Jan.

94

Feb.

82

Feb.

4

9

Feb.

4

20*4 Feb.
2*4 Jan.
31 *4 Jan.

7
3
3

17

3

Jan.
Jan.
Jan.
Jan.

4
3

62

Jan.

3

2*4 Jan.
3*4 Jan.

27

17

3*4 Feb.
2
13*4 Feb. 23
36*4 Feb. 26

28

28*4 Feb.

18

33

Sale

28

1*4 Feb.

4

27

Jan.

4*4
9*4
4*4
41*4

1
4

35*4 Sale
61*4
04X

4

3
28

Jan.
Jan.

v

Jan.

3
28

3
3

12*4 Feb.
3
19*4 Jan. '28

4

30

Jan.

9

112

Jan.

30*4 Jan.

5

3 *41 Feb.
11*4 Feb.

1
4

Feb.

4

28*4 Feb.

18

15

11

Jan.

20

3*4 Jan.

10

10

37*4 Feb. 28
20*4
2*4
6*4
12*4
5*4
47*4

Feb. 23
Jan. 10
Jan. 12
Jan.
8
Jan. 10
Feb. 25
73*4 Feb. 25
2*4 Jan. 10
5

Jan.

11

24*4 Jan.
15*4 Jan.
24*4 Jan.
Feb.

10
11
15
4

Feb.
34*4 Jan.

9
12

4*4 Jan.

12

31

15

Jan.

12

37*4 Jan.
38*4 Jan.

11
15

15

Jan.

Jan.

6

28
3

13*4 Jan.
Feb.

28

4

10
12
5

12*4 Feb.
Feb.

28

10*4 Jan.
4*4 Jan.

Feb.

4

23
28

Feb.

1

2854 Feb.
35*4 Feb.

22

34 %-Feb.

34

Jan.

26

3154 Jan.
37*4 Jan.

64*4 Jan.

21

65

22

31

24

3
4

23

28

10
10

10*4 Feb.
5*4 Feb.

7

10

12*4 Jan.
97*4 Jan.
12 54 Jan.

18 112*4

26

13

15*4 Jan. 10
5*4 Jan. 12
9*4 Feb. 25
1*4'Jan.
7
55*4 Jan. 15

3

Feb.

12

4 116
13 140

3

3*4 Feb.
11*4 Feb.

Sale

11
31

11

28

7

16*4 Jan.

Feb.

33*4 Feb.

18

3

Feb.

3

25

14

9

Feb.

23

Jan.

93*4 Feb.

30
33
112*4 112
31
31%

Feb.

Jan.

35

4

5

Feb.

1*4 Feb.
40

Feb.

4

40

3

20

14 112*4 Feb.

4

Jan.

3

Feb.

21

29

4

554 Jan. 11
118
Feb. 17
8*4 Jan.
14*4 Jan.
28*4 Jan.

11*4 Jan.

12*4 Feb.
Feb.

Jan.

134

1

13%
37%
31% Sale

11*4

64

Feb.

1

Feb.

22

35

15*1

.

Feb.

4 115*4 Feb.

1*4 Feb.
41

13

25 139

3

111
112% 114
32
33% 31

3% Sale

8

1

Feb.

8

Feb.

Sale

30% Sale
30
37X
15%
10%
10*4 Sale
5%
5%
24% Sale
34 % Sale
55
70

Feb.

11*4 Feb.
4*4 Feb.

Feb.

18

Feb.

2

36

Feb.

5

3
3
4
3
4

9

Sale

2
2%
4% Sale

13

48*4 Jan. 24
8*4 Feb. 16

17

93*4 Feb.

20

Sale

Feb.
Feb.
Feb.
Feb.

Feb.
Feb.

14

Feb.

35

18

Sale

4*4
14*4
6*4
12*4
25*4
34*4

58*4 Feb.
10

94

2% Sale
37% Sale

5% Sale
11
10%
4% Sale
42% Sale

3
16

41
Sale

2% Sale
32% Sale
19

51*4 Feb.
8*4 Feb.

109*4 Feb.

21%

Sale

2

139

Sale

64

57*4 Feb.

Sale

21%

26
30

Feb.
Feb.
Feb.
Feb.
Feb,
Feb,
Feb.
Feb.

139
Sale
Sale

14%
15%
22% Sale

13*4
11% Sale
4% Sale

Feb.

114

14%
Sale

375*
15*4

Feb.

136*4
13%
4%
8%
1%
50%

19

31

105

Feb.

46

9% Sale

37

11

Feb.

85*4 Feb. 24

Sale

4%
12

35

51

13%

Sale

4
2

56

19

3%
11%

19*4 Feb.
68*4 Feb.

15*4
13*4
Sale
23*4
25X 22*4
Sale
3*4
Sale
7*4
120
112*4
*4

Sale

34

3

30

52%

55

Sale

31

Feb.

Sale

Sale

27

1

16

9

9*4 Feb.
14*4 Feb.

11

17

25

Feb.

3*4 Feb.

Sale

14

109% 114
31% Sale

70

1

25

13*4 Feb.

25

23

-3

Feb.

Feb. 23
Feb.

Feb.

3

Feb.
Feb.

74

7*4 Feb.

20

4

14*4 Feb.

Feb. 25
Feb.
3

Jan

150

1

Feb.

68

7*4 Feb.
17*4 Jan.

5

Feb.

Feb.
Feb.

Feb.

21

Feb. 25
Feb.
2

18

7*4
*4
*4
58*4

85
90

28

21

3
4
11
10

Sale

43

8%
13

26

67

Feb.
Feb.
Feb.
Feb.

9*4 Feb.
4
11*4 Jan. 29
954 Feb.
3

18

Feb.

Feb.

25
3 158
7 133

Sale

14

Sale

2

50

Feb.

Feb.

Feb.

3

16*4 Feb.

10

Sale

16

22

20*4 Feb.

Sale
Sale
Sale

40

Sale

12%
4%
8%
1%
43%
35%

1

50

13%
30%
10%
95%
6%
21%
122*4

Sale

10

136

11

Feb.

158

Highest
Sale Prices

115

52

6%
12%

Feb.

6

162

8% Sale
92% Sale
88
89%
12% Sale
29%
30
2%
2%
17% Sale

Sale

114

59% Sale

...10

Packard Motor Car.__..._..*
Pan Amer Pet 8c Trans .....5

45

49

114

100

10

Sale

44

Fisheries Inc..5

6% preferred...........100

4%

127
Sale

100

Owens-Illinois Glass Co.12.50

Pacific Western Oil

6
Sale

20

51

2%
21%

22

Sale

Sale
Sale

19*4 Sale

90

Sale

Feb.
7 109
7
5*4 Feb.
4
4*4 Feb. 21
5*4
19*4 Feb.
3
23*4

4%

183
190
105 % Sale

37

94

....

13,400 People's Gas L 8c Coke...100

76,300

30

24% Sale
9% Sale

.*

200
60

5,600

82%
11*4

1% Sale

,*

4,100

"¥,106

93

100

A........

161,200 Pennsylvania RR Co

1,000

8%

1

Sale
51X
Sale
93%

90

12%

1,200 Park 8c Tllford

500

51

Sale

314,700 Paramount Pictures....
1st preferred...
2,800
2d preferred
34,600

19,800
6,800
5,000
2,000
6,900
5,400
7,500
2,500
9,600
3,700
6,300
1,700

106

18*4

12

1,300
3,300 tPanhund Prod 8c Ref.....*
8% conv preferred
100
1,550
Parafflne Co Inc
........*
4,100

1,400

192

105

(The)
♦
Oliver Farm Equipment....*
Omnibus Corp vie (The) .*

...

560

180

Feb.

4
4 15*4
13
3
2
8*4
3
19*4
14 157
4 15*4
3
78*4
4 41
3 17*4
5 15
7 111*4

108

1%

10% Sale

First

2,600
61,400

%

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

Lowest

Sale Prices
10
Feb.
2

95

85%
95
98% 100

22

Preferred

48

55

16

preferred
._*
1,260
2d preferred
..*
1,430
2,000 Pacific Finance Corp (Cat). 10
Pacific Gas & Elec
25
32,300
Pacific Lighting Corp..
•
11,700
Pacific Mills
_..*
9,900
Pacific Teleph 8c Telegr..l00
1,400

11,700
5,100
3,500

51

108
107

Sale

59« 61*

29

Ohio Oil Co

30

.....

99

Sale

Sale

Sale
24%
3%
4
4%
8%
9
11%
112% 115
115*4
% Sale
60%
2% Sale
2% Sale
4% Sale
5%
5%
1
Sale
1% Sale
9% Sale
0% Sale

60

Preferred

820 Pacific Coast

450

420
170
500

Sale

112

18% Sale
17% Sale

23

2%
17%

9,900 Pacific Amer

5,400

Sale

98 %
90

*

Preferred

18", 900

100

% Sale
192% Sale
104
108X
19% Sale

.............

*

95

98

...100

Otis

600

Sale

88

Steel
.»
68,000
15.50 conv 1st pref.......*
1,500
Outboard Marine Ac Mfg....5
1,700
.*
110 Outlet Co

,,

900

Sale

1% Sale
8% Sale
51% Sale

Telegraph..50

2,200 Oppenhelm Collins 8c Co.
34.600 Otis Elevator............

400

11,500

21,400

5

50

Norwalk Tire Ac Rubber

3*4

112% Sale
54
X
52y8
57
2 *4 Sale

5C

Pacific

480 Northwestern

1,000

26% Sale

8

165,900 Northern

140

Sale

Sale

7%
17
37

Sale

100
50

100

105

Sale
Sale

16

3%

150 Northern Central

74",200

16%

Sale

20

100,300 North American Aviation _„.l
1,300 North Amer Edison |6 pref..*

700

32

Sale

34

...»

70

38%

Sale

12

Sale

100

.

110

105

16 %

100
*

American..

14

70
39%

21

New York Dock

Preferred

Sale

21%

15% Sale

N Y

North

Sale

22

34

1,100 tNorfolk Southern.......100
100
3,800 Norfolk A Western

150

J

1254 Sale

...

190

24%
158
157
132%
126% 132
19
Sale
21*4
7
6% Sale
X
%
%
%
57
52
Sale
16% Sale
20*4
27
22% Sale
68 % Sale
70%
70
Sale
71%
3%
4
3%
9% Sale
9%

61

100
17,900 tN Y N H At Hartford
Convertible prefer red.. 100
20,800
13,200 JN Y Ontario Ar Western.100
67,600 N Y Shipbuilding pt stock..1
7% preferred
..100
1,740
80 New York Steam pref $6....*
7% 1st preferred.........*
40

18,000

6%

32*4

420 New York It Harlem
_•
12,600 tN Y Investors Inc..
260 N Y Lack Ac West Ry Co..100

300

78

Sale

11

40

a

65

100

1,900

Sale

Sale
18*4 Sale
20 X
22

50 tNew On Tes Ac Mexico ...100

8,600
8,400

<

H

58 X

1
216,500 Newport Industries Inc
...»
8,400 New York Air Brake
_—-*
554,100 New York Central...
17,200 N. Y. Chicago Ac St Louis.100

150

15
80%

Sale
Sale
108
Sale
108% 109
6%
6X
Sale
4%
22
Sale
19
18
Sale
7%
Sale
22*4

Sale

154

152*4
15% Sale
13*4
77%
81
78*4
42% 45 ■
39*4
17
17%
15*4
15
Sale
13*4

15%
13 X

136

.*

5% preferred

8% Sale
19*4 Sale
152

41

Sale

9% Feb.
12*4 Feb.
9% Feb.
7*4 Feb.
18*4 Feb.

15

Sale

42
Sale

17X8
19
7% Sale
X
X

........*

6% pref series A
City Omnibus Corp

14%

106%
5Xs
5%
20%
14**

20

36,600
21,500
2,930
3,980

8%
Sale
160

111

4*4% coav serial pref...l00
*
1,100 Newberry Co (J J)
5% preferred series A...106
450

13,700
7,100
1,210
2,220

1

Sale Prices

Highest

Sale Prices

9% Sale
13

77

554 Sale
4%
5
20% Sale
14%
21
6% Sale
26 X Sale
155
158*4

900

50

8%
19%
155

Lowest

Ask

13

14X
Sale

107X 111

75,300
2.700
217,700
6,700

n

t

11

10614

.......29
41,400 National Steel
105,700 Nat Supply Co of Pa......10
$2 preferred...
......40
15,930
5*4% prior preferred... 100
3,100
6% prior preferred.....100
300

900

9% Bile
12

Sale
Sale
Sale
160
16

Ask Bid

Bid

78

w w

67,500 National Lead............10
400
7% preferred A.........100
340
6% preferred B.........100
*
15,700 Nat Mall Ac St Cast's Co
....*
56,100 Nat Power Ac Light..
1,400 Nat Rvr of Mei te« pref...100
5% 2d preferred........100
3,700

100
250
>

11*4
10*4
9*4
17 X
155%
14*4

....1

100
1,300 Nat Bond Ac Share Corp....*
24,400 Nat Cash Register
•
67,400 Nat Dairy Prod Corp ....—*
520
7% preferred class A....100
7% preferred class B....100
1,040
*
9,800 National Dept Stores....
6% preferred
10
2,500
64,000 Nat Distillers Products.....*
*
1,000 Nat Rnamel Ar Stamp
...—1
93.000 Nat Gypsum Co...

25,100

900

9*4 Sale

Naah-Kelvlnator Corp......5
Nash Chatt Ac St Loula—100
National Acme

Ask

Bid

Feb. 28

Feb. 1

1938
Par

Share*

30,800

RANGE SINCE JAN.

Price
Jan. 3

Jan. 1'

Shares

37

EXCHANGE-STOCKS
PRICES IN FEBRUARY

STOCKS
N. Y. STOCK EXCHANGE

Since

February

N. T. STOCK

7

Jan.

6

11

38

N. Y. STOCK

aggregate

sales

February
Shares

prices in february

STOCKS

580

5,700
31,200
300

137,400 Phillips Petroleum....

220

400

125
20

60

Preferred

Feb.

8

# Feb.
1
95# Feb. 23
6# Feb. 18

*34# Feb.

3

40# Feb. 23

Feb.

4

500

1,100
1,500
22,000
2,000
1,200
13,100
470

15,200
1,000

8

6#
34#

Feb.

11
3

5#
26
5#

14,600
80,200
2,200
5,100

Feb.

300

1,300
900

14,900
145,200
600

2,000
13,400
70
40

5,000
200

8,600
46,500

230

390
770

1,700
16,200
900

69,700
600

1,860

7,500
700

28,400
400

57,000
24,800
10,600
3,100
1,300
5,600
600

7

•7# Feb. 26

Jan.

6

60

Feb.

26

Feb.

2 166

Jan.

25
5

2

163

Feb.

4

171# Jan.
6# Jan.
10# Jan.

-

26 173
Jan.
27
8# Jan.
3
16#J an.
_

8

Jan.

10
12

18

Feb.

17

3

Feb.

26

Feb.

8

Feb.

25

9

Jan.

3

I?

Feb. 26
Jan.
5

Feb.

4

Feb.

23

7# Feb.
2# Jan.

4

12

Jan.

Sale

17,200 Poor & Co class B

38

Feb.

24

33

5

20#

Feb.

8

39

Feb.

18
23

19
33

9

1

Feb.

28

Feb.

Feb.
Feb.
Jan.

5

26# Jan.

10

4

45

Jan.

# Feb.

9

1

Jan.

12

Jan.

6
13
8

Feb.

25

1# Jan.

10# Feb. 23
2

29

2# Jan.

11

Feb.

3

Jan.

10
19

10

17

14# Feb. 25

11

# Jan. 26
3
16# Feb.

3

Feb.

3

Feb.

19

1,500

1#

Feb.

8

Feb.

15

Feb.

Feb.

23

Sale

Feb.

Feb. 23

Sale

Feb.

Feb.

23

Sale

Feb.

Feb.

23

Sale

Feb.
Feb.

Feb.

26

Feb.

17

8,700 tPostal Teleg 8c Cable nreflOO
53,100 Pressed Steel Car common.. 1
13,900
5% conv 1st pref...5
5,600
5% conv 2d pref.........50
33,100 Procter 8c Gamble..
•
2,030
Preferred
.10*
34,500 Pub Ser Corp of N J common *
3,800

$5

preferred
6% preferred
IOC
7% preferred........... 100
H"/„

preferred
100
Public Service El ft Gas—

900

3#

118#
32
95#
107#
123#
136

Sale

11

2,600
6% preferred...........
44,900 Purity Bakeries..
1,800 Quaker State Oil Rfg Corp. 10

94

.....

343,800 Kadio Corp o* Amer...
•
300
J5 preferred B
......*

33,300

J3.50

conv

.......

....
5
Meet Corp........*
6% conv preferred......100
6% conv prior pref ser A100
Pe»ere Coiu>«*» 8c Brasa.... 5
2,000
Class A_
10
560
7% preferred—....
100
.

446.100 Republic

2,800
3,600
39,500

122
Sale
Sale

......

57,500 St Joseph Lead .
...10
7,900 tSt Louis-San Francisco. 10ft
8,500
6% preferred..
..100
320 t1' Louis Southwestern ..loo
5% preferred...........100
22,900 Safeway Stores.
........
800
5% preferred
..100
720
6% preferred...........100
1,420
7% preferred
100
9,000 Savage Arms Corp
....*
41,600 Schenley Distillers Corp... 5
5,000
5#% preferred
100
76,300 tScbulte Retail Stores.
1
1,700
8% preferred..........100
3,980 Scott Paper
_....*
.....

41,900 tSeaboard Air Line...
4,700
4-2% preferred—......100
45,900 Seaboard Oil Co of D*I
*
1,500 Seagrave Corp (The).—..*
123,800 Scars, Roebuck 8c Co.......*
68,800 Servel Inc
...
1
22,300 Shattuck (G F)
•
9,700 Sharon Steel Corp
*

2,000
85 conv preferred
14,400 Sharp 8c Dobme
2,200
Conv pref series A

*
...*

•
Shell Union Oil
•
Convertible preferred. 100
Silver King Coalition..
5
Simmons Co
........
Simms Petroleum
10
Slmonds Saw ft Steel Co
*
Skelly Oil Co
25
6% preferred...........100
Sloss-Sheffleld Steel ft Ir.100
$6 preferred
Smith (A O) Corp
10
Smith ft Corona Typewr
*
Snider Packing
...»
Socony Vacuum Oil Co Inc.15

290 Sheaffer (W A) Pen Co

100

400

5,500
29,700
42,000
9,400
2,900
19,900

1,600

2,610

510

630

1,100
1,400
2,100
101,700

4,400

6,200
6,600
266,400

100

Feb.
28# Feb.
10# Feb.
94# Feb.
8# Feb.
14# Feb.
5# Feb.

112

111#
32#
H#
95#

Sale

15
6

60
4

97
Sale

16
Sale

Sale

19#
26
19

Sale

24

3#
30

1#
7

7#
10#
12#
60
62

2#

16#
65
60

700

......

30#
30

81

9

31
90
63

56

10
Sale
9#

18#
21#
2#

30# Sale

Sale^
ilh

20#
72#

Sale
Sale

88

24

93
Sale
Sale
Sale

74

75

18

#
5#
37#

Sale
6#
Sale

#
2#
20#
3#
54#

Sale
2#
Sale
3#
Sale

13

Sale

7#
16

Sale
17

57#
4#
44#
23#
16#

60#
Sale
Sale
25
Sale

97

Sale

6#

18#
3

.

Sale
Sale

H*

90

61#
13#
25
81#

70

62 #

Sale

30

63

Sale

16#
85

89#

7#

Sale

40#
51#
6#
6#

Sale

Sale

8#
Sale

12#

10#
18#
17#

Sale
Sale

2
Sale

32

Sale

1#
2#
4#

Sale

5#

18#
11#

Sale

14# Sale

10

Jan.

3

10

Jan.

17
10
15

4

31

Jan.

3

509-

117

Jan.

Jan.

17
11

21 118# Feb.

17

Jan.

13

Jan.

12

4
Feb.
35#
8
98#
91# Feb.
4 108
105
Feb.
117# Fet. 17 123#

17
3

135

Jan.

26 143

1
Feb.
Feb. 23
Feb. 23
2
Feb.
1
9# Feb.
1
i5# Feb.

112

Jan.

30

7

28# Feb.
10# Feb.

Feb. 16
3
Feb.
Feb. 26
Feb. 26
Feb.
Feb.
Feb.

*

Feb.
4# Feb.
21# Feb.
19# Feb.
26# Feb.
21
Feb.
30
Feb.
25# Feb.
4
Feb.
41
Feb.
1# Feb.

6

Jan.

13

Jan.

14

12 112# Jan.
3
36# Jan.
Jan.
13
3

21

3

Jan.
Feb.
Feb.
Jan.
Jan.
Feb.
Jan.
Feb.
24# Feb.
18# Jan.
27# Feb.

3

23

Jan.

7

7#
14#
5#
60#
44#
3#
19#
16#

Feb. 23

"53

Feb.

Jan.

Jan.

94

25
1

28
24
9

10
3

25

24

98
10

16

%

3

53

Feb. 25

16

5# Jan.

11

23# Jan.
24# Jan.
29# Jan.

15
11
18
13
15
25
10
21
3
10
10

26
26

3

22

Feb. 23
Feb. 26

7
8

Feb.

18
4

10

Feb.

85#, 90#
8#. Sale
39# Sale
55# Sale
9

7

6#

Feb.

62

65

60# Feb.

Feb.

Sale

11

Sale

18#
21#
2#
36#
1#
2#
4#

Sale
Sale
3
Sale
Sale
2#
5

20

Sale
Sale

Sale
80
Sale

Jan.
Jan.

28

9

65# Feb. 23
15# Feb. 23

Jan.
Jan.

61
60

8

3

Jan.

30# Jan.
27# Jan.
4# Jan.
41

Jan.

1# Jan.
11

Jan.

9# Jan.

11# Jan. 12
15# Feb. 25
67# Feb. 24

66# Jan.

22

Jan.

10

4

20# Jan.

28

Jan.

15
15
13

6

3

73

Jan.

4

4

3
81# Feb.
3
63
Feb.
17# Feb. 23
3
85
Feb.
8# Feb. 10
2
41# Feb.
2
56
Feb.
3
6# Feb.
6# Feb. 23

17# Jan.

8

11

Feb.

16

51# Feb.
6# Feb.
6
Feb.
10
Feb.

1

39

3

17# Feb.
Feb.
2# Feb.

14

30# Feb.

4

Feb.

3

2# Feb.
4# Feb.

16

18# Feb.
76# Feb.
87# Feb.

17

1

3
11

4

11# Feb.

4

24

11# Feb.

3
81# Feb.
62# Feb. 24
7
14# Feb.
84# Feb. 18
3
7# Feb.

Jan.

29

37

Jan.

8

81

Jan.

4

85

Jan.

62#
14#
84#
6#

Feb. 24
7
Feb.
Feb. 18
4
Jan.

21
21
7

39

Feb.

16

51# Jan. 31
3
6# Feb.
3
5# Jan.

ffl

Jan.
Jan.

87# Jan.

8

21»

Jan.

11

46# Jan,
58# Jan.
8# Jan.

8
11

Jan.

10

Jan.

10
19
11

10#

Jg

7

23

10

Jan.

19

19# Feb. 25
21# Feb. 18
2# Feb. 11

17

Jan.

27

17

Feb.

3

2

Jan.

5

29# Jan.

4

1

Jan.

28

2

Jan.

5

Jan.

10

4# Feb.

16

5 H Jan.

26

3
18# Feb.
3
72# Jan.
87# Feb. 28

23# Jan.

12

38#
1#
2#
4#

Feb.

Feb. 23

Feb.

5

Feb. 25
Feb. 10

20#
23#
2#
40#

$

Jan.
Jan.
Jan.

Jan.

10
12

Jan.

12

16

76#
90#

12# Jan.

3
3

2# Jan.
15# Feb.

14
11
24

Jan.

28

17
13

2# Feb. 17
18# Feb. 23

2# Feb.
15# Feb.

Jan.

28

26

50

24

Jan.

Jan.

65

11
18

Jan.

61

1

Jan.

17

Jan.

31

3# Jan.
38# Jan.

2

2

23

34

Sale
82 #
17

6

16#

Sale

uk-

Sale

80

Sale

18#
75#
87#
101#
15#
24#
83#

#
5#
41#

Sale

#

93
105

102

6#
Sale

5#

2

•

22#
3#

Sale

57

Sale

14

Sale

7#
16#

Sale

101 #
Sale
15
16#
Sale
21#
80
85
#
Sale
7
5#

*39# Sale

#

Feb.

Feb.
Feb.
Feb.
Feb.

20# Feb.

10

1

79

Feb.

18

92

Feb.

2

Jan.

Feb.

11

15

Feb.

3

Jan.

4

25# Feb.
85
Feb. 23

21# Feb.

4

27# Jan.

75

Jan.

4

1

# Feb.
5# Jan.
37# Jan.

10

85
1

28

# Jan.

6

2

Jan.

27

20

Jan.

3

3 # J an.
53# Feb.

4

1

10
11

3

Feb.

5

99

102

26#

Sale

7#
20#
2#
18#
28#

93

Sale

92

Sale
Sale
3
19#
Sale
94#

93

61

Sale

62

65

55

97

99

97

98

95

17

17#
14#

19
Sale

12

Sale

15#

112# 113# 113#
2# Sale
2#

100

Sale

47
30

Sale

a*
19#

Sale

11#
14#

12#
Sale

Feb.
6# Feb.
19
Feb.

98

# Feb.
5# Feb.
41# Feb.

#
2#
27#
4#
65#

3
4
4

17# Feb.
24# Feb.

16

10
1

5
Feb.
Feb. 14

Feb.
Feb.
Feb.
16# Feb.
9# Feb.

25
24

Feb.

18

60# Feb.
4# Feb.
46# Feb.

25

3

5

Jan.

3

Jan.

27

17
2

13
7
14

Feb.

4

58

Feb.

16

8

4

Feb.

2

Feb.
Jan.
Feb.
Jan.
Jan.
18# Jan.

9

25
17

16

26# Feb.
16# Feb.

3

Feb.

1

3 100

Feb.

3

3 105
19

100

2

Sale

43#
25#
16#

64

20
18

11

Sale

a*

Sale

Jan.

26

Sale

60

Jan.

4

# Feb.
2

81

93

2 105
Feb.
3
16# Feb.

*38# Feb. 28

# Sale

jaaa
25 # Sale

Feb.

3
28

3
20# Feb.
4#
4#
4# Feb. 23
64
Sale
4
53# Feb.
3
15# Sale
13# Feb.
3
r8# Sale
7# Feb.
4
16#
17
14# Feb.
58
Feb. 16
2
4
Feb.
9
43# Feb.
*24# Feb. 11
15# Sale
14# Feb. 17

Sale
Sale

11

90#

16#

Sale
14

16

6

Sale

Sale
100

Sale
Sale
64

57

67

60#
12#
24#
81#

3#

87
75
97

2#
17#

68

Sale

Sale

3

Feb.
Feb.
Jan.

24

9

ja
20

28

Feb.

11# Feb. 28
15# Feb. 25
67# Feb. 24
60
Feb. 28

Sale
Sale

16#

Jan.

9

9

c

LOO

16
3

72
70

18#

2#

3

10*
lih
Sale

20
2

7#
6#
20#
45#

112
34#
12#
18 96
3

9

15# Sale
81# 100
7
7#
43# Sale
8#
5#

1

3

4#

12# Sale
25

45

Feb.

39

75
70

4

Feb.

Sale

Sale
Sale

22

23

17

24

Sale

13

1# Jan.

Feb.

3#
19#
16#
24#
19#
27#

20#

3# Jan.

Feb.

_

15

7

8

Feb.

Feb.
8

45

Sale
Sale

25

v

71

23

..10

29,600

Sale

7# Sale

50

13,700
2,900
5,700
12,400
3,300
1,900
8,800

Feb.

Sale

60

120

Feb.

Sale
Sale

170
5#% preferred.........100
12,200 Reynolds Metals Co
*
700
5h% conv. pref
100
25,900 Reynolds Spring Co
1
88,500 Reyn. lds(KJ) lob clB
10
Common

Feb.

46# Sale

1st pref

160,500 tR«dio-Keith-Orph Corp...*

54,300 Reo Motor Car

Feb.

Sale

112

•

..........

Feb.

96

113#
29# Sale

*

$5 preferred..

71,400 Pullman Company.:
228,900 Pure Oil

3#

Jan.

Feb.

2,800 Porto Rlcan Am Tob cl A...*
Class B

46

10

Feb.

Sale

14#

73,200 Richfield Oil Corp
♦
2,000 Rltter Dental Mfe
*
15,200 Roan Ant Cop Mines new....
17,400 Ruberoid Co cap stock new.*
000 Rutland RK. pref........100

11",300

Jan.

4

48

Feb.

Feb.

•
5

1,200 Pond Creek Pocahontas Co,

20,400

2?0

17

3

400 Rhine Westphalia El & Pow__

26,000
4,600
2,800

Jan.

Feb.

3,960
1,200 Plttston Co (The)
27,200 Plymouth Oil

960

100

17

35

1

200

2,300
14,300

1

7# Jan.

5

25

550

400

26

Feb.

50

Feb.

25

United

700
Pref with warrants
25
310 Rengs ft Saratoga RR Co. 100

300
510

1,400

28

8# Feb, 26
13# Feb. 23

Feb.

Conv pref (unstamped).100
Plttsb 8c West Vlrgtn!a:.10O

300
40

500

5# Jan.
26# Jan.

24

172

Feb.

10#

Feb.

163

Feb.

...I"*

25,300

900

1,000

10
12

60# Feb. 26

Feb.

3,700 Psybestos-Manhattan
•
8,500 Rayonier Inc..............1
2,400
$2 preferred
25
6,300 Reading Company........50
1,700
First preferred..........50
1 300
Second preferred.......50
2 50' Real Silk Hosiery
5
1,200
Preferred....
100
1,800 Rels (Robt) ft Co....
•
1,000
1st preferred
100
3,200 Reliable Stores Cor
1,800 Reliance Mfg Co
....10
51,500 Rem ton-Rand
1

2,100

8# Jan.
24# Jan.

8

Feb.

16,500 Pittsburgh

1,000
690

800

29
3

Jan.

6

40

1

Feb.

35

Feb.

49#

Feb.

6# Feb. 23

Feb.

Sale

47

oO

Feb.

100

126,400

Jan.

20# Jan.

23# Feb. 28

Feb.

Feb.

..

5% preferred class A

2,100

100
30,600
85,700
1,200
16,000

18

Feb.

800

410

10

30# Jan.

100

7% pref class B

•

7,400

42# Jan.

5 #% 1st ser conv pr pf.100
600 Pittsburgh Terminal Coal—1
170
6% preferred...
.101'

60

600

3
18

7# Feb. 23

Feb.

350

200

*34# Feb.

8

20

10,800

3
8

Feb. 19
Jan. 12
Jan. fc 7
Feb. 23
Feb. 18

Feb.

150
400

1,630

Feb.
Feb.

2#
4#
#
95#
6#

81
6

46

v*

740
380

2,400

3

Sale

173#

410

~

6
5
11

30# Jan.

2

Sale

32,900 Pittsburgh Screw 8c Bolt...*
13,000 Pittsburgh Steel Co
*

Highest

1# Jan.
3# Jan.
# Jan.

2# Feb. 19
4# Feb. 21

35

36

100

Highest

3

20 H

10

5

8

J*

3,400 Pittsburgh Coal (of Pa)...100
1,000
6% preferred
..100
3,000 Pitts Coke & Iron Corp...
575
$5 conv preferred
*
30 Pitts Ft W & Chic Ry
100

600

300

28

Feb.
Feb.
Feb.

68
Sale

t#o

Preferred..

Lowest
Sale Prices

Feb.

Sale

5#

5,200 Pierce Oil 8% conv pref—100
5,400 Pllabury Flour Mills
25
750 Pirelli Co of Italy Am shs

700

1,700

9,400
2,900

51
38

Prices

i

a*
Sale

82

*
5

Phoenix Hosiery

70

•

J

100

Preferred

Highest
Sale Prices

Lowest

Feb. 28

1

Ask
2

Bid

1,100
7% preferred
—50
11,300 Phil* ft Reading C ft I
•
76,700 Philip Morria 8c Co
10
300 Phillips Jones Corp
*
—

46",000

Feb.

1938
l

930 tPhlla Rapid Transit Go...BO

„

100

1

Jan. 3

Shares

In

range since jan.

Price

N. T. STOCK EXCHANGE

Since
Jan. 1

EXCHANGE—STOCKS

1

8# Feb. 23
22# Feb. 23
3# Feb. 10

43#
24#
14#
96#
6#

Jan.

7# Jan. |11
Jan.

24

Jan.

42

3

2# Jan. 13
27# Feb. 25
5#

Jan.

8*
J*

Jan.

11

Jan.

14

Jan.

10

Jan.

10^
2M

Jan.

22

Jan.

4

34#

Jan.

10

4

93

Feb.

82#

Jan.

1
12
13

17
3
3
3

3

16# Jan.
24# Feb.
90# Jan.

3

27# Jan.
18# Jan.
Jan.
Jan.

Jan.

10

4

30# Feb.

23

Feb.

1

93

Feb.

1

Feb.
Feb.

3

70

Feb.

23

55

Jan.

28

10

97

Feb.

4

95

Feb.

Jan.
10 100
28
20# Jan.
3
15# Jan.
3
13# Jan.

16# Feb.

3

19# Feb. 25

1

15

4

Sale

12
Feb.
11# Feb.
14# Feb.

13# Feb. 23
16
Feb. 10

Sale
Sale

113# Feb.
2# Feb.

3

Feb.

23

15# Jan.
11# Jan.
11

Jan,

13# Jan.

14

65# Feb. 25
16# Jan. 12
9# Feb. 17

Feb.

19

4

14
27
11
27
11
11
17
13

5

Jan.

3

6

Feb. 23

28

16# Jan.

10

15
15
10

Solvay Am Corp—

10,800
4,000

2,000

6#% preferred
...100
47,600 South Amer Gold & Plat
1
7,300 So Porto Rico Sug
2,050
8^ Preferred
100

For footnotes




.....

see

page

40

...

110

2#
22

128

114

Sale
Sale
131

24

Sale

130# 142

25

Sale

132# 142

24

Feb.

130# Feb.

28 113# Feb.
3
3
Feb.
1

26# Feb.
3 130# Feb.

28
1

10
3

112

Jan.

2# Jan.

14 113# Feb.
3
3# Jan.

22

Jan.

3

128

Jan.

4

28

13

Jan.

10

130# Jan.

27

28

Maech, 1938]

N. Y. STOCK

AGGREGATE SALES
In

Since

February

N. Y. STOCK EXCHAM OE

Par

100

600

800

Mobile

ft Ohio certlfs ..100

1,400 Spalding (A G) Ac Bros..
260
lat preferred
!Iioo
39,400 Sparlca Wlthlngton
*
1,900 Spear 8c Co

180

......

13,300
1,000

....

""760

77,500
800

3,960

Conv $4.50

22,800 Square D Co claaa B
133,000 Standard Brand*.....
4,300
$4.50 preferred.......
12,100 Stand Com'l Tobacco..
48,000 (Standard Gaa ft Elec_.
72,900
$4 preferred

1
•

•

!IIL*
17a
•

....

6,300

$6 prior preferred....

27,700

$7 prior preferred....

300

Sale

18 k
11 k

Sale
Sale
Sale

Sale

Sale

Sale

Sale

27

Sale

18k
22

3

25,100
100

*

38
2 k

6)4
19)4
16)4
12)4

99,700

223,300 Standard

1,200
5,100
11,400
1,600
39,800
24.500
4,400

Stewart

28)4
33)4
31

25

OH ef N J

Warner

44)4
20)4

♦

Corp....

10
5

6,800 Stokely Broa & Co Inc

132,900

Stone &

Webster

510

56,800
11,100
57,500
13,100
8,500

100

7)4
9)4
4)4

Feb.
Feb.
Feb.
Feb.

1

25

Feb.

Feb.

3

7

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

3
Sale

Sale

Sale

Sale

Sale

27,700
26,300

Sale

a

Sale

Sale

Sale

35)4

34)4

Sale

Sale

25

25

Sale

Sale

Sale

Sale

Sale
Sale
Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

600

20

280

Sale

1,900
6,400
83,400
18,000
13,200
43,800
58,100

5k% preferred

50

...

4,300 Telautograph Corp..
...5
21,000 Tennessee Corp............5
224,400 Texas Corp (The)
—25
45,400 Texas Gulf Producing Co—*
36,600 Texas Gulf Sulphur
..*
72,700 Texas Pacific Coal Ac Oil...It
135,300 Tex Pac Ld Trust ctfa
1

2

Old

3

1,600

-10<

9

Sale

Sale

Sale.

220

3,700

300

7)4 Sale
8)4 Sale

*

55
4

Preferred

*

•

800'
0% preferred
...»
13,000 Troax Traer Coal...
•
10
2,000' Tr«»*con Steel Co
41,400 20th Cent Fox Film Corp
•
4,900
$1-50 preferred
.*
5,600 Twin City Rapid Transit
•

5,000
600

....

18,400
1,200
1,300
220

Preferred..

810

6,900

...........100

28,900 Twin Coach Co

1,000
3,500
12,600
51,300
16,100
8,800
2,100
1,400
107,800
20,200

2,600
6,700
37,200
121,200

30^800
23J00
4,500

4,700
325,000

78^800

200

1

Ulen Sc Co
—•
Underwood Elliott Fisher
•
Union Bag St Paper, new ..*
Union Carbide ftCn
•
Union OH, California..
25
Union Pacific
100
4% preferred
100
Union Tank Car
United Aircraft Corp...
5
United Air Lines Transport.5
United American Bosch....*
...

...

700
4 600 United Biscuit of Am

2,000
20

*

Preferred

.............100
20,000 United Carbon
•
5[200 Unlted-Carr Fastener Corp.*
195,400 United Corp
..*
28,200
Preferred.
•
15,000 United Drug Inc.....
5
16 800 United Dyewood..........10
530
Preferred
...100
26 540 United Electric Coal Cos
5
5 J00 United Eng ft Foundry...
5
12*600 United Fruit
70

6,000
2,000
56,500
15,800
6,200
4,700
430

5,700
2,100
4,500
57,200
1,000
1.600

......

123^200 United Gas
2'000
8,700

4,700

Impt Co

•

Preferred

600

United Paperboard Co.....10

Preferred

......—i.

200 U S Dlstrlb Corp

330

990

3,600

Preferred...

........

200

8,400
2,500
500

36,300
50,500
668,500
126,200
17,300
1,200
'

For footnotes

see

........100

U 8 Pipe at Foundry.......30
U S Realty at impt
—»
U S Rubber
...*
8% 1st preferred
100
U S Smelt Ref at Mg
50
Preferred
...
..50

page

40.




11

„k
6)4
3)4
81)4
5)4
6)4
19)4
26)4
4)4
35)4
7)4

4)4
x32H
9)4
10 k

Sale
Sale
Sale
Sale

Sale

1)4

24

24
25

25
23

10

1

25k Feb. 11

Feb. 10
Feb.

11

9k Feb. 23
7k Feb. 23
26

42k Feb. 18
5k Feb.
7k Feb.
44k Feb.
4k Feb.
33

Feb.

2

Feb.
Feb.

14

58k Feb. 21
3 k Feb. 10
Jan.
Jan.

28

Jan.

3

3

12

4

3
3

27

78

Feb.

16

10

k Jan.

4

38

Feb.

3

8

10k Jan.

28

7
7k Feb.
8k Feb. 18
3 k Feb. 25

5k Feb.
6k Feb.

3

3

12k Feb. 15

3

43

3

11

Feb.
Feb.

4

Feb.

82

9,

Feb.

Feb.

Jan.

Jan.

5k Feb

li
11

8

4
4

28

8

VA

Sale

2)4
59

Si*

>18
9k
4k
83

2

9

6k

3

7

Feb.

24

3

\VA
24

8

31k Feb. 23
2
4k Feb.

4

31k

27

6

4

44
10 k

Feb.
Feb.

23
15

Feb.

3

9k Feb. 23

7k Jan.

3

1)4 Feb.
47)4 Feb.
9)4 Feb.

3

2 k Feb. 18
59k Feb. 23
Ilk Feb. 15

Ik Feb.

3

2k

47 k Feb.

3

59 k

9k Jan.

3

12 k

67k Feb.
18k Jan.

4

79 k
21k

72 k Feb.
72
Feb.

4

3
4

40

Feb.

3

Sale

16)4
13

116

39)4

Sale

67)4 Feb.

Sale

Sale

Sale

90

75
1

7)4
9)4
Sale

Sale

Sale

Sale

5)4

Sale

8

Sale

uS*
Sale

8

g8K
23 k

Sale

21

3

27 k

Sale

6)4 Sale
27)4- 32

15

7

Sale

Sale

23

'4

Sale

.66

Feb.

21k Feb.

8)4

6
7)4
8)4 Sale

81

20 k Feb.
6 k Feb.
8k Jan.

Sale

I*

21k Feb. 23

Sale

Sale

5

79k Feb.

4
4

Sale

Sale

Sale

4

19)4 Feb.
72)4 Feb.

Sale

Sale

80

Jan

13 k
48 k

Feb.

Sale
Sale
Sale

5)4 Sale
30)4 Sale
56)4 Sale
10)4 Sale

Jan

3k
13 k

8

5k Feb.

72
Feb.
8
77k Feb. 28
7
8
21)4 Feb.
22k Feb.
4
20)4 Feb.
25k Feb. 25
Sale
3
7
6)4 Feb.
8k Feb.
10 k
10)4 Feb. 26 10k Feb. 26
19
19
Feb. 23
17)4 Feb. 16
8
8
111)4 Feb.
111k Feb.
Sale
39)4 Feb.
49k Feb. 23
Sale
8
18
Feb. 24
1534 Feb.
Sale
3 k Feb. 23
2)4 Feb.

19

Fee
Feo

5k Jan
15k Jan

23

Sale

3)4 Sale
28 k Sale
6)4 Sale
7)4
9)4

Jan

Jan

IB

5

Sale

10)4
18)4

Jan

24 k Feb
58 k Feb
Jan

4

Sale

23)4

Jan
Jan

21

Ik Jan.
4k Jan.

50

28

26

26)4 Feb.

6

29k Feb. 25

6

Feb.

7
70

Feb.
Feb.

3

4)4 Feb.
z30)4 Feb.

4

Feb.

8

58

7
3
3

3
9)4 Feb.
101)4 Feb. 28
4
4)4 Feb.

5)4 Feb.
69

4

2

25

3

58

Feb.

3

69

5

4

Feb.

25
9

Feb.

9

Feb.
Feb.

4
4

7 k Feb. 23
33k Feb. 21

Feb.

3

21

Feb.

2

6k Feb. 23
10k Feb. 23

7)4 Feb.

3

Feb.

15

Feb.

3

Sale

Sale

Sale

Sale

4)4
25)4
52)4
6534
6534

3
Feb.
4
Feb.
4
Feb.
3
Feb.
Feb. 24

66

23

23

Feb.

65

Sale

7k Feb.

24

25

8

26

Sale

28

23

74k Feb. 21
Ik Feb. 16
7k Feb. 16
10
Feb. 15

70

Sale

*eb.

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

5k
33 k
65k
10k
105k
5k

4

Sale

Sale

8k Feb. 23
75

16

86

Sale

19

Feb.

Sale

57)4 Sale

Feb.

1)4 Feb.
5)4 Feb.

169)4 167
Sale
6)4
36
3134.
Sale
17)4

63

Sale

3

2 k Jan.
Jan.

16

8

7

47

19 1075
3
23

13k Jan.

Sale

Sale

17 k Feb.
19
Jan.

3

11

Sale

46

Jan.

900

9

Sale

75

6

15k Feb. 26;

Sale

63

11

8k Jan.

Ilk Feb. 19

Sale

26)4 Sale
4)4 Sale
22)4 Sale

14

Ilk Feb

Sale

70

10 k Jan.

_

3

2

4

10

4
'

169k Feb.

Feb.

25

3

15 k Feb.

8k
10k
19k
20 111k
4
49 k
8
19k

2k Jan.
26k Jan.

28

3)1

28

Feb.

7

32k
7k
9k
80k

16k Jan.
110k Jan.
39

6

Jan.

7

Jan.

70

Feb.

4k
30k
56 )^
9k
101 k
4k

Jan.
Jan.
J an.
Feb.

3

3

31
3
28
3
3

3

3f*
65k
Ilk

Feb. 28 106
4
Feb.
5k

5 k Feb.
Feb.

4

Ik Feb.
5k Feb.

16
4

Jan

8

Jan.

27

Feb

57
164

Jan.
Jan.

31
72
Jan
26 169 k Feb
4
Jan

69

6k Feb.
31k Feb.
17 k Feb.
5

Feb.

7k Feb.

4

8 k Jan
74 k Feb
Jan

4

35^

3

23 k Jan

2

6k Jan

3

12*

Jan

Jan

66

Feb.

18

63

Jan.

20

66

Feb

30k
5k
35k
75k
70k

Feb.
Feb.
Feb.
Feb.
Feb.

23
9

26

Jan.

4

32

Jan

4k Jan.

3

6k Jan

25

3

35k Feb

3

75 k Feb

23

22k Jan.
45k Jan.
57k Jan.

68

Feb.

1

63

3

25

Jan.

3

Feb

68

10

12

8k Jan.

Feb.

3

Jan.
Jan.

Jan.

3

4k Jan.

10

Feb.
Feb.

k Feb. 25

9

WA
27

Feb.
Feb.
Jan.
Jan.

7k
5k
6k
42k

24

10 k Feb

18)4 Sale
81)4 Sale
80)4
82
22)4 Sale

7A

3

8

Sale

4k

7

4

a

77

26

36

38)4
Sale

Sale

16

Jan.

16k Jan.
23 k Jan.

3

5

Sale

8)4

Jan.

7 k Jan.

3

13
12

8 k Feb.

Feb.

2k Jan.
13
18

34^

80

10
72

7H

Jan.

3

Feb.

7)4 Feb.
20)4 Feb.
29)4 Feb.

Jan.

ilk Jan.

3
7

Jan.

Feb.

3

3

4

27

Feb.

83

26
Jan. 15
58 k FOD. 25
UH Jan. 12

23

14

4

12
7

35k Feb. 15
54 k Feb. 24

3

5

19

13

28

10)4 Feb.
5)4 Feb.
6)4 Feb.

Sale
7
Sale
88
Sale
9)4
Sale
Sale
Sale

4

3

5

Jan.

Jan.

10)4 Feb.

Sale
Sale

3
4

1

10

lo
12
12
li
12

33 k Jan.
35 k Jan.

37k Jan.
3 k Jan.

Ik Feb.

3

Jan.
Feb.
Jan.
Jan.
Jan.
Feb.
Jan.
Fen.
Feb.
Jan.

3

26 k Jan.

11

10k Feb. 21
Ilk Feb. 10

4

5

12
57 k Jan. 24
8 125
Jan. 13
3
13 k Feb. 23
4
29 k Jan. 13
3
3k Jan. 11
26
17 k Jan. 10

21

23
23

38

Sale

44k
21k
54k
8k
7k
7k
4k
48k
119k
Ilk

18

4k Feb. 14
52k Feb. 21

11

Feb.

78

25

Feb. 21 1075
Feb. 21
3
23
Feb. 25
Feb.
Feb. 14 24k Feb. 23
Feb. 21 58k Feb. 21

13)4 Feb.

88

Jan.

18

3
3)4 Feb.
3
1)4 Feb.
4)4 Feb. 24
3
12)4 Feb.
4
2)4 Feb.

Sale

34

3

50

Sale

15

7

Feb. 10
4
Feb.
4
Feb.
1
Feb.
4
Feb.
4
Feb.
1
Feb.

Sale

4

8)4 Feb.
17)4 Feb.

Feb.

IYA

3
9k Jan.
Feb. 26 107 k Feb.
2k Feb. 15
3k Jan.
3k Jan. 28
5k Jan.
6k Jan. 28
Ilk Jan.
13 k Jan. 28
22 k Jan.

25

24

10

Jan.

lo
Feb. 26
21k Jan. H

1

15k Feb. 23
24k Feb. 25
7
8k Feb.

7

3

Jan.

Jan.

100

28

7
51k Feb. 23
8 124k Feb.
1
1
13 k Feb. 23
4
27k Feb. 25
3
2k Feb. 23

Feb.

51k Jan.
16k Feb.
7k Jan.

3
28

k Feb.
28k Jan.
31k Feb.

6

Feb.

8k Jan.

16k Jan.

1

8k Feb. 11
9k Feb. 23

17)4
21)4
58)4
3)4

50

6

...

10,600

82

10]
39]

71

•

590

3,500

J*

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

4

4)4
6k
37)4
3)4
29)4
7)4
9)4

2)4 Sale
10)4
13
Sale
14]

•

20
7% preferred.......
100
9,100 U S Hoffman Mach........ 5
700
5«% conv pref
50
24,400 U S Industrial Alcohol
8,100 U S Leather.......
*
23,400
Class A
•
600
Prior preferred—......100

90

12

*

7,200 U S Freight
37,700 U S Gypsum Co.....

24,800

33
I!
4)4

.06

15,400 U S at Foreign Secur Corp

400
100

Sale

39)4 Sale
3)4 Sale
30
Sale
8)4 Sale
9)4 Sale

k
33 k
34k
35k
54k
25k
58k
10k

4

4
Feb.
4
Feb.
4
Feb.
Feb. 18

5)4

Feb.

Feb.

7)4
5)4
6)4
42)4

Sale
7)4
42)4

63
Sale
2

51,200jTr»-Continental Corp

600

6)4
6)4
41

7)4
45

Sale

56

preferred

Tide Water Assoc OH......10
$4.50 conv pref
*
Tlmken-Detroit Axle Co
It
Tlmken Roller Bear........ •
Transamerica Corp new....2
Transc St West Air Inc
5
6,400 Tran ft Williams Steel Forg*

1,900

Sale

w

3

Feb.

Sale

12

4 z39

18

3

Jan.

Feb.

20 k Feb.

1075

preferred..........106
Thermoid Co
1

7%

84,300
3,500
28,600
31,900
60,200
29,500

8,600
13,500
20,400
11,600
2,700
26,500

8)4

Sale

800

32,200

Sale

9

10

22 k Feb. 24
Jan. 17

Feb.

3

4

12

12

3
2
8k Feb.
Feb. 26 107 k Feb.
5
5
2)4 Feb.
3k Feb. 24
4k Feb. 25
Ee£- 3
7
Feb.
3
«VA Feb. 25
3
13)4 Feb.
20
Feb. 28
3
24
16)4 Feb.
Feb. 28

5

Jan.

30

Feb.

1
Feb.
4
Feb.
4
Feb.
Feb. 15
4
Feb.
4
Feb.
1
Feb.
3
Feb.
Feb. 26

3

16k Jan.

14
21

4

7

Jan.

2

Feb.

k
29)4
31)4
35)4
46)4
21)4
55)4
8)4
7)4
7)4

21

10
12
12
10

3 k Jan.
Jan.

25

l\H

Feb.

5
6 k

21k Jan.

Feb. 23

Feb.

3

24

Sale
63

...

.....

3,800
3,600

600

27

19

cony

14,300
2,900 Third Avenue............106
1,900 Thompson (J R)..........25
10,100 Thompson Products
—*
13,400 Thompson Starrett
'

500
300

13,500
21,200
361,200
63,900
8,000

Sale
Sale

3)4 Sale

1,100 The Fair Co

160

♦

6

39

3

24 k Jan.
22 k Jan.

Feb.

11*

Feb.

Sale

Sale

4)4

18)4

$3.60

100

600

4)4

*

2,000 Thatcher Mfg

100

49

17

23
26

Sale

8)4

100

6,300 Texas ftt Pacific

900

41

Jan.

3

Sale

6)4
6)4
42)4

3

4

Sale

8

46

3

Sale

Sale

Sale
Sale
7

3

Feb.

Sale

Sale

Sale
Sale
21
10)4
Sale
Sale

8)4
6)4
6)4

37
Feb.
2 k Jan.
7
Jan.

Feb.

Sale

Sale

purcbaae warrants. 1
Without warrants........1
1,000 Talcott (James) Inc
9

Feb. 28
3)4 Feb. 23

12

8

Sale

Sale

atock

32

8)4 Feb. 26

3

Symington-Gould Corp with

14,100
10,100

28
31

16)4 Feb.

Sale

1)4
Sale
Sale

12

11,000 Swift Internat Ltd...

15k Jan.
24k Jan.

44

100

Sale

Sale

27

14)4
17)4
8)4
16)4
23)4

25
■
14

3)4 Feb.

22 k Feb. 24
20 k Feb.'23

50

3)4

10

......10*'
Sutherland Paper Co....
10

13 k Jan.

3

Sale

Superior Steel

28

11

Sale

2)4

Jan.

8)4 Feb.

13)4

Sale

1

10

Feb.

Sale

13 )4

Sale

.........

20k Feb.
3
16k Jan. 28

30

Sale

Sale
Sale

Sale

61

47)4

25
25
25

21)4 Feb.
17U Feb.

9)4

Co (The)...—*

Supciheatei

22)4
20)4
13)4
21)4

Highest
Sale Prices

75

23)4

Sale

Sale
22
54)4

Feb.

3
3
4
4

2)4 Feb. 14

23)4

Sale

200 Sweets Co of Aaner (The)—50
30,200 Swift & Co
25

10,200
4,400

7)4

Feb.
Feb.
Feb.

Feb. 23

37

75

22
Sale
Sale

[21

6% preferred.........—100
Sunahlne Mining Co
Superior Oil

Sale

Sale

9

*

—

120

Sale
8)4

Sale

Sale

42

54

1

99,600 Studebaker Corp.. .....—1
9,100 Sun Oil
*

19,900
7,100
18,100
2,500
3,700

46

Sale

3

Lowest
Sale Price

Sale Price

Feb.

25

Sale

1

20)4
16)4
10)4
15H

Sale

Highest

Sale Prices

"3)4

8)4 Sale
53)4 Sale
18)4 Sale
7 k Sale
L06 k 106 k
2k
3)4
4)4 Sale
9)4 Sale
18)4 Sale

10

3,500 StarrettCo (TheL S)
9,400 Sterling Producta Inc..

25,400

Sale

41

39

25

300 Standard OH of Kansas

Sale

3)4

22

90,100 Stand Oil of Calif
74,700 Standard OH Co of Ind

Lowest

Ask

22

500 Standard Investing Corp—*

34,700

Ask

75

pref

Feb. 28

Sale

$5.50 preferred

Spencer KalloM ft Bona

300,600 Sperry Corp (The) v t c_. .."1
2,700 Splcer Mfg Co
...•
A...
1,870
$3 conv preferred A.... "~I~*
110,800 Spiegel Co Inc.......... .17.2

1,600
44,100
2,010
11,500
56,300
3,000
3,300
14,300
23,200
2,300
7,700

Feb. 1
Ask

Bid

.....

""loo

1

Jan. 3

1938

23.100 Sou California Edlaon., ...25
287,200 Southern Pacific Co
-.100
*
128,700 Southern Railway..
52,100
!Iioo
5% preferred.....

120,800
45,300
20,100

RANGE SINCE JAN.

Price

Shares

9,300

39

PRICES IN FEBRUAR

STOCKS

Jan. 1

Share*

EXCHANGE—STOCKS

EXCHANGE—STOCKS

N. T. STOCK

40

In

STOCKS
M.7. STOCK

Since

February

3
1938

EXCHANGE

500

370

6,100
5,800
500
400

500
160

120

6,300
2,900
20

18,800
2,000

~2,900
8,500
9,000
430
250
20

300
290

10

100

1,900
3,600
39,800
4,600
700
900
600

56,300
120

15,000
400
900

3,300
7,300

4,700

1,200

400

270
470

1,110
660

16,500
19,600
I,500
3,500
7,500

8,600
3,100
100
600

1,000
24,200
20,700
83,400
420

1,500

,

7
18 %

4,700
3,000

3%
10 %
16 %
13%
24%

1,500

5%

200

24,300

90,100
3,000
II,500
II,100

600

5,800
4,000
1,100
8,300
6,400
20.000
2,900
6,700
41,200
14,300
30

""'800
1,900
600

1,700
3,000
219,800
.

510

6,300
81,700
100

15,400
29,600
27,800

*

*

preferred............30

*

ctfs—»
White Sewing Mach
...*
Convertible preferred....*
White Rock Mln Spgs

.

39,100

No par value,

a




19%

19

14

13%
3%

3%
44
Sale

6

35%

38

Sale

3

Sale

Sale
Sale
Sale
25

9

13

1%

2}
iy

w*
73

Sale

84

74

Sale

Si*
87

Sale

Sale

113

Sale

121

*

16

4%
4%
7%
6%
1% Sale
2% Sale

24% Sale
23 % Sale
99 % Sale

74%
94%
88
Sale

14

15

32
12

Sale

34 %

24% Sale
23

Sale

94

Sale
Sale

13%

14
33%
13%
14%
25% Sale

31

Sale

18

Feb. 28
Feb. 28

24

Jan.

15

19% Feb.

18

¥

Jan.

15
13

48

Jan.

18

Jan.

10
13

Jan.

2

42

Fob.

21

3
4

6% Feb.
38% Feb.
3% Feb.

18

35

Feb.

40

Jan.

10

4%
13%
24%
17%
29%

13

8

Feb.
Jan.
Jan.
Feb.
Feb.

Jan.

Feb.

2%
10%
16%
12%
24.

Jan.
Jan.

13
14

Jan.

17

Jan.

17

13

9

4

22% Feb. 18
15% Feb. 25

3

28

Feb.
Feb.

84
91
84

8

Feb.

23
2

Feb. 28
Feb. 10
1
Feb.
Feb. 14

2%
1%
35%
74%

Feb.
3
Feb.
Feb. 24

Feb.

17

1
Feb.
4
Feb.
Feb. 21

86

Feb.

7

Feb.

96% Feb. 25
88

9 121

87% Feb.
132
13

3

£72% Feb.
84
Feb.

Jan.

24

102% Jan.

3

91

Jan.

29 102% Jan.

3

21

97% Jan.

3

84

Feb.

Feb.

1

£117

Jan.

111% Jan.
14% Jan.
3% Jan.
7
Jan.

75

1

Feb.

1

6 114% Feb.
Feb.
19
28
5
4% Jan.

23

4 121

4

1

Jan.

28

2

Jan.

5

9

17% Jan.
19
32% Jan.
3
15% Jan.
3 £26% Jan.

15

13

90
Jan.
27% Jan.

12

Jan.
Jan.
Jan.

14
13

10 140

13

Jan.

28

3

95

101

8*

10% Sale
10
10%
2
2%
16% Sale

Feb.

16

14% Feb.
9% Feb.

3

Feb.

18

51

10

1% Feb.

3

3

16

Feb.

3

Feb.
Feb.
Feb.
Feb.

3

4

Sale

2%
.2%
5%
4%

45

Sale

45

Feb.

28

16

17
Sale

14

Feb.

3

2%
2%
2% Sale
6% Sale

7

11

27

Feb.

26

Feb.

10
11

Jan.

132

Jan.

Feb.

10

10

Feb.

14%' Feb.
26% Feb. 28

13% Feb.

Jan.

1% Jan.
3% Jan.

8

3
28% Jan.
23% Feb.
27% Jan.
20% Jan. 29
4 109% Jan.
87% Feb.

31% Jan.
8

Jan.»12

1% Jan. *28
35% Feb. 24

3
14

9

1
Feb.
Feb. 26

3

3

Jan.

27

Feb.

27% Feb. 25
26% Feb. 25
4 100% Feb. 23

Feb. 10 139
16
7
Feb.

2% Jan.
1% Jan.

90

80
Sale

14

4

8% Feb. 23

44%

21

12

Jan.

24

Jan.

55

Feb.

3

51

Feb.

16

59

14%
11%
10%
2%
20%

Feb.
Feb.
Feb.
Feb.
Feb.

3

14

Jan.

5

15

8% Jan.

2%
2%
5%
4%
52%
17%
43%

15
15

5

18

4
4

3

13% Jan.

12

2

10

Jan.

5

11

Jan.

1

1% Jan.
13% Jan.

3

3

Jan.

21
22

21% Jan.

24

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

25

2% Jan.
2% Jan.
4% Jan.
4% Feb.

4

2% Feb. 25

3

3

9

23

4

Jan.

7

Jan.

10

3

3

20

Feb.

25

14% Feb.

3

20

23

66

Feb.

23

66

Jan.

25

30

Feb.

4

35% Feb.

24

30

Feb.

4

40

34%
35%
42% Sale

35% Feb.

4

44

Feb.

25

35

Jan.

26

77

70

80

65

Feb.

3

Feb.

3

Feb.

3

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

65

63

84%
68%
24%
15%
92%
17%
38%

25

Sale

28

62

Jan.

24

26

20% Jan.

31

25

8% Jan.
80
Jan.

3

68% Feb. 28
27% Jan. 10
15% Jan. 21

5

93

3

18% Jan.
43% Jan.

10
12

73

Feb.

Jan.

26
10

53

43

45

60

45

27

33

36

45

36

81

Sale

72%

66

65

22%

84

Sale
Sale

15%
36%

Sale
Sale

x Ex-dividend,

Jan.

I?"

79% Feb. 24

60
37

3

10

15

45

16%
13%

17

Jan.

23

45

International Printing Ink Corp.

6% Jan.
39% Jan.
18% Jan.
9% Jan.
2% Jan.
40
Feb.
5% Feb.

23

11

Feb.

Sale

13% Sale
2% Sale

11

Jna.

81

100

1

Jan.

IS

3% Feb.
8% Jan.

24% Feb.

16

65

10
8

21

60

13% Sale
37% Sale
80
73%

Jan.
Feb.

57
118

11

Feb.

14% Sale
38% Sale
15% Sale

13

21
21
26
20
11
28

66

51

13%

21

Jan.
Jan.
Jan.
Jan.
Jan.
Feb.

38% Feb.
14% Feb.

58

12%

81%

Jan.

5%
32%
110%
4%
15%
120%

6%
5%
60%
19%
43%

50

Sale

42

79% Feb.

53

8% Sale

15

27
22

74% Jan.

23

12

Feb.
Jan.

Feb.

2%
1%
28%
£72%

137

83

62

Jan.

101

25

60

2% Sale
2%
2%
5%
5%
4% Sale

20
£23

31% 33%
14% Sale
26% Sale

101

68%

24

25

12% Feb.

96% Sale

50

23

21

4

4

85

14%
15
10% Sale
10%
10%
2% Sale
19% Sale

10
17

Jan.
Jan.
Jan.
Jan.
Feb.

1%
2%
2%
6%
18%

2

14

24

Sale

135
15

7

Jan.

Jan.

Feb.

118

23

63

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

117% Jan.

3

Sale

60%

1

21 % Feb.

22

30

3

23% Feb.

Sale

Sale

4

9

25

105
63
16

36

3

26% Sale

80

Sale

1

3
2% Feb.
11% Feb. 17

120

22

Sale

2%
3%
3%
8%
19%
£80%
8%
43%
19%
13%
3%

1
4

23
Feb.
8

Feb.

Jan.

1

1

5% Feb.
35

19

2% Sale

53

18% Feb. 16
3
11% Feb.
2% Feb. 15

11

76

Sale

Feb.

40

1%
35% Sale
75
73%
94
88%
98
95%
90
88%

86

5

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

40

23

80

P

Feb.

2%
3%
7%
18%
79%
6%

Sale

90

2%

2

44

15

Sale

2%

8 118

26% Sale

85

8% Sale
9%
10 X
IX Sale
12%
13 %

Feb.

5% Sale
35
38%
3% Sale

24

57
14

17

3

8
9 114% Feb.
113% Feb.
113% Sale 114%
4
19
Feb. 23
16
17%
17%
14% Feb.
15%
4
4
4% Feb. 10
Feb.
4% Sale
4% Sale
9
7% Feb. 25
9
7%
7% Feb. 25
7%
8
1 % Feb.
1
Feb. 14
1%
1%
«
i*
1
2% Feb. 23
2% Sale
2% Feb.
2% Sale

139

130

Feb.

1 120% Feb. 28

Feb.

118

21

23

14

25% Sale

2%

40

13

Feb.
2
Feb. 23
Feb. 23
Feb. -17
Feb.
2

Feb. ;

2%
3%
3%
8%
Sale
81%
Sale
43%
19%
Sale
Sale

7%

20

Sale

Deferred delivery, r Cash sales,

d Change of name from

18%
12%
3%
37%

Sale

...5

2,700
30,900 Willys-Overland Motors....!
6% conv pref............10
16,500
*
63,300 Wilson be Co—
$6 cum preferred.....
100
5,500
22,200 Woodward Iron Co..—10
91,400 Woolworth (F W)....... ..10
100
28,200 Worthington P Ac M—
7% preferred "A"..
100
40
6% preferred B—
..100
Prior pref 4%% series..100
"2,006
Prior pref 4% % conv ser 100
3,900
2,480 Wright Aeronautical Corp.
•
3,600 Wrlgley (Win) Jr
25
5,700 Yale Ac Towns Mfg Co
1
652,000 Yel Trk At C'ch class B
7% preferred
......100
2,410
17,800 Young Spring Ac Wire ......*
225,200 Youngst'n Sh Ac Tube.....
5H%
preferred
.100
400
*
32,100 Youngstown Steel Door
Zenith Radio Corp....
*
71,400
/onlte Products Corp

18%

Sale

preferred...........100

Wilcox OH be Gas

-

Sale

102
97

5%% conv pref.....
100
*
35,700 Wheeling Steel Corp..
Preferred
100
500
$5 conv prior preferred
*
500
600 White Dental Mfg Co (S S).20
White Motor Co...........1

"""200

40

100

Wheel'g Ac Lake Erie Ry Co

9,600

41%

2%
1% Sale

180

140

19

27
73

...

8

79%
7%
41%

Sale

120
112
15

3

82
Sale

39
Sale
Sale

6

36

3%

Sale

2% Sale
36

Feb.

2

Sale
5

19

Sale

10

Sale

7%

3

11
115
42

125

80%
7%

74

40%
18%

100

Westvaco Chlorine Prod

Sale
Sale

7

100
65,600 Western Union Teleg
48,000 Westlnghouse Air Brake —*
Westlnghouse El Ac Mfg..50
180,300
7% 1st preferred
.....50
870
5,200 Weston El Instrument......*

"""800

125

3

40%
4%
29%
3 109%
5
3%

123
Sale

2%
2%
7%

Sale

72%

•

Class A

57

Feb.
Feb.

108

3%
16%

3

120
50
118

2

% Sale
Sale
% Sale

3%
2

Sale

109

10%

15
Sale

25

18% Feb. 23
£23% Feb. 15

38% Feb. 18
3
4% Feb.
3
24% Fob.

38% Sale
4% Sale

Sale

2

Feb.

101

Sale

28

118

preferred..........100
Western Auto Supply Co..10
Western Maryland.......100
Second preferred...... 100
Western Pacific
100

220

Sale

Feb.

25

% Jan. 28
% Jan.
3
20% Jan.
5
15
Jan.
3
18% Jan.
3
97
Jan. 19
38% Feb. 18
3% Jan.
3
22% Jan.
3
108
Jan.
4
3
Feb.
5
10
Jan. 29
115
Feb.
1
42
Feb.
3

1

Feb.

2!"

Feb.

20% Feb.
15% Feb.
19% Feb.

108

47%

Feb.

7,

Sale

3%

Feb.

45

Feb.

23

Sale

10

r

99

41

Feb.

57% Feb.
145

18
22

110

115

6%

6%

II

3

Feb.

12

28

Feb.

42

3

Feb.

Feb.

36

Sale

Feb.

Feb.
Feb.

Feb.

144

45

27

820 West Penn Pow pref 7%—100

320
280

Sale

23 162

49% Feb.
4 62% Jan. 25
104% Jar. 2» 114% Jan. 10
Feb. 10
119
Jan.
4 130
Feb.
1
152
Jan. 20 162
1
5
Feb. 24
24
4% Jan.
4
2% Jan. 10
11
1% Feb.
8
Feb. 25
37
Feb.
3 42
25
13% Jan. 14
11
10% Jan. 10
50
Jan.
3 57% Feb. 26
26
Feb, 10
Jan.
6 145
10 140
Jan. 12
54
34
Jan. 29
18

23
1
10

2% Feb.

109

...100

6% preferred...

5

8

1%
37
11%
53%

21

Sale

Elsenlohr.........*
1
*
$4 conv preferred
*

300 West Penn El Co "A"
7% preferred
I,300

90

3

Feb.

145
40

% Sale
25
20%
17% Sale
20%
19%

Webster

11,900
1,100

4% Feb.

Sale

11% Sale
60
57%

42

40%

Feb.

Sale

Sale

97

Feb.

140
Sale

40

144

36%

Feb.

4 109
17 130

125% Feb.
160% Feb.

11*

53
141

2

104% Feb.

4

Feb.

Sale

42%

38
11

Highest
Sale Prices

2

Sale

2

Lowest
Sale Pricet

4%

4% Sale

550 Wells Fargo Ac Co
Wesson Oil be Snowdrift

100

5,500

125

Highest
So U Prices

Sale

108
145% 130
Sale
161
Sale

162

Class B
16,700
7% preferred
100
1,550
5
166,600 Warner Bros Pictures
$3.85 conv preferred...—*
2,170
.__*
37,100 {Warren Bros
Convertible preferred....*
1,300
4,800 Warren Fdry be Pipe........*
...5
9,800 Waukesha Motor Co..
20,700 Wayne Pump Co...........1

4,200

109

119

...

600

54

Sale

16,400 {W abash. ............ ...10C
Preferred A............100
17,100
Preferred B
100
230
*
4,600 Waldorf System
*
8,900 Walgreen Co
4% % pref with warr
100
2,000
"
91,100 Walworth Co...
14,000 Walker(H) Gooder be W Ltd
Preferred................*
1,900
4,400 Ward Baking class A.......*

800

5,400

•

Sale

.100
1,005,610 United States Steel..
7% preferred.......—100
27,600
*
1,900 U S Tobacco.....
Preferred
..100
430
1
12,400 United Stockyards Corp
*
19,300 United Stores A
$6 conr preferred
———*
1,000
1,700 Universal-Cyclops Steel....1
*
1,500 Universal Leaf Tobacco
Preferred
—100
290
100
560 Universal Plct 1st pref
1
19,200 {Utilities Pow & Light A
8,400 Vadsco Sales Corp..........*
Preferred..
..........100
80
72,100 Vanadium Corp of America.*
.....—5
7,000 Van Raalte Co
60
7% 1st preferred
100
4,300 Vlck Chemical Co..........5
62,900 Va Caro Chemical....—...*
6% preferred
100
37,000
580 Virginia Elec be Power 4% pf*
670 Virginia Iron, Coal be. CokelOO
90
5% preferred...........100
600 Virginia Ry Co pref......l00
100
450 Vulcan Detlnning
7% preferred...
..100
250

Lowest

Ask

Ask Bid
Sale
54%

Bid

Sale Prices

Feb. 28

Feb. 1

Ask

Par

Share$

363,200
13,900

1

Price
Jan.

Jan. 1

Share*

RANGE SINCE JAN.

PRICES IN FEBRUARY

SALES

AGGREGATE

80

Sale
Sale
3%
V

SI"

Sale

66

7
3

1

5

23

4

3

17

45

Feb.

28

21

13

Jan.

5

23

36

Jan.

60

68%
23% Sale
14% Sale
92% Sale
16%

JV8
Sale

36

Feb.

3

11% Feb.

3

84

Feb.

1

15

Feb.

4

31% Feb.

3

Feb.

17

Sale

15% Feb.

4

Sale

12

Feb.

4

2% Feb.

4

85%

68%
£19%
16%
%

Sale

Ex-rights,

21

73

28

66

6
Jan. 21
Jan. 17
Feb. 23
Feb. 25
Jan. 25

Jan.

35% Feb. 24
46

Jan.

10

94

Jan.

10

Jan.

11

23

13% Jan.
31% Feb.

3

17

73

Jan.

29

75

20% Feb. 23
16% Feb. 28
4% Feb. 26

15

Jan.

28

22% Jan.

12

Feb.

4

17% Jan.

12

2% Jan.

3

Feb.

26

24

t Companies reported in receivership.

1 Called'or redemption*

New

York
Curb

Exchange

MONTHLY AND YEARLY RECORD

RANGE

OF PRICES

Stock Sales

February

Shares.

YORK

1937

2,718,510
6,893,289

Jan. 1 to Feb. 28

NEW

ON

1938

CURB

EXCHANGE
1938

Bond Sales

FebruaryJan. 1 to Feb. 28

15,344,284
34,873,631

1937

$42,399,000
102,488,000

$23,133,000
50,143,000

NOTICE—-Deferred delivery, under the rule and cash sales, are disregarded in the month's range, unless they are the only transactions of the month,
and when selling outside of the regular monthly range are shown in a footnote in the month in which they occur.
No account is taken of such sales in

computing the

February
Shares
175
600

200

1,400
275
200

550

200

600 Alles & Fisher Inc common.*
800 Alliance Investment com...*

800
500

500 Allied Internet Investing...*
$3 conv preferred.........*
1,000
700 Allied Products Corp com..10
600
Class A
25

500
100
150

23,400
1,700

12,600
400

Aluminum Co common.....*

6% preferred

....100
500 Aluminum Goods Mfg......*
210 Aluminum Industries com
*

300
50

10,300

6,750

900

900

6,600
400

Aluminium Ltd

....*

4% preferred...........100

11,650 American Airlines Inc

4,000

Amer Box Board Co com

I

""ioo

100 Amer Capital Corp d A..10c
600
Common class B
10c
400
93 preferred.............
200
95.50 prior preferred
....*

21,400

50,100 American Centrifugal Corp.l

100
100

;

1

Bid

i6% "19%
3% Sale

14

22

32

Lowest

Feb. 28

As* Bid

Ask

Ask

30

24
Sale

IX
14 %

2*
Sale

19

3X Sale

48

62%

63
52

12

%
40X

Sale

54
49

1

Sale
H
43%
Sale
Sale

20

Sale

X
IX

5

15

3

3% Feb. 23
31X Feb.
4
8X Feb. 23

X
IX

4
23

Sale
Sale

45

47%

3

2h

1

IX

7

5

7
13 %

10
Sale

77% Sale
105

2h
IX

7

2%
IX

8X
16

13

77 X

Sale

14

Feb.

15%

70
90

16%

15 X

98
Sale
..

68

85

IX

Sare
7 H Sale

3

4X

23^

23X

57

65

1H Sale

3

7

Feb.

15

15

9%
1

50

11
4

Feb.
Feb.

17 X

Feb.

16

16

87

Sale

68

95

96

99 X
Sale

94% Feb.
9X Feb.

Sale
IX
51

8X Sale
IX
3
s2
Xe
16
21X
58%
65
2% Sale

11
1

4

%
8A«

8
3

%

19

16

Feb.

23

Feb.

4

Feb.

24

64 X

59

Sale

4

X Feb.

7

97^ Feb.
7
13

Feb.

105

Jan.

Jan.
70% Feb.

15% Jan.
5

7
3
3
4

25

21

94% Feb. 10
8
9% Feb.
1
Jan. 27
48
Jan.
3
3
7% Jan.

23

Feb.

3

17

Xt Feb. 26
21 *59^ Feb.

14

2% Feb.

18

23 X Feb.
19 X Feb.

1

3

34
17

Feb.
Jan.

Jan.
Jan.
Jan.
Jan.

2

Jan.

15% Jan.
% Jan.
49 % Jan.
64

10
13
11

20
11
21

10
13
3
5

Jan.

4

54% Jan.

5

Jan.
Feb.
Feb.

23

IB
log
9

Jan.
Jan.
Feb.

15
86

Jan.

3 106 % Jan.
16
4
Feb.

28

IX Feb. 23
Feb. 14
9X Feb. 23

IX Feb.

24 X
23

11

IX Feb.

Jan.

52

Feb.

Sale

2 X Feb.

67 X Jan.

% Feb.

2X

5

18

Feb. 25

21

59

Feb.

Jan. 26
Feb.
3
Feb.
8

97 X Feb.
11
Feb.

Feb.
Feb.
Feb.
Feb.

50

9X

14

Feb.

91

Feb.

1

si*

49
9

3

Feb.

70% Feb.

Sale

Sale

48

7
7

Feb. 11
Feb. 23
Feb.
7
Feb.
7

105

28

Feb.

45

4 90
8 106
15 X Feb.
3 16
5X
5X Feb. 25

Sale

Jan.
Jan.

26

2%
1%
X
9%

14

14 X

81X

Sale

6 H Feb.

25

15

7

10

Feb.
Jan.

Feb.

1

Feb.

57

IX Feb.
X Feb.

6

3
23

Sale Prices

4%
32%
8X
1%

14% Feb.

%
1%
14
X
40%
51X

1% Feb.

% Feb.
8
46 X Feb. 25

Feb.

2X

Feb.

1

15

ye Feb.
40X Feb.
51X Feb.

43

Feb.

Sale Prices
26
Jan.
5

49 X Feb.

7

Feb.

14

v* Sale
57
49^

25

6H Feb.
X Feb.
IX Feb.

17 X

12

3

30

3% Sale
29 X
31X
8

Feb.

Sale Prices C
34
Feb. 10

1414 Feb.
3
Feb.
30
Feb.

Sale

15

Highest

Lowest

Highest

Sale Prices

9X Feb.

1

2*4
1%

7%
1
17

Sale

2%

37

6X
%
IX

Sale

..10

700 Amer Beverage Corp.
...1
180 American Book Co.......100

80

1,300

Bid

.....26

....

500

Feb.

1938
Par
▼ t C

JAN.

Price
Jan. 3

900 Aero Supply Mfg class A....*
12,500
Class B
2.200 Agfa Ansco Corp com.
..1
6,200 Alnaworth Mfg Corp com...5
9,900 Air Devices Corp common..1
1,400 Air Investors Inc common..*
900
Convertible preferred....*
5,500
Warrants...............
375 Ala Gt Sou RR ordinary
M
670 Ala Power Co 97 pxek.......*
960
94 preferred...........—*

200

RANGE SINCE

PRICES IN FEBRUARY

Shares
STOCKS
375 Acme Wire Co

2,000
2,700

;

year.

NEW YORK
CURB EXCHANGE

Since
Jan. 1

3,100

*

for the

SALES

AGGREGATE

In

range

6

7
14
6
16
7

26
24

5% Feb. 25
91
Feb.
97 % Feb.
12% Jan.

21
10

1% Jan.

20

52

Feb.

10H Jan,

Feb.

3
17
Feb. 26
21 % Jan. 25
23
57
Jan. 26 *59
5
1M Jan.
2%
,

18

14
17

Feb.

17

Jan.
Jan.

27
12

Feb.

14

Jan.

12

Amer Cities Power Ac Lt Corp

325

1,425
4,100
9,000

2,400
1,600

1,100
14.500
1,825
1,100
1,250

,

59,500
4,400
1,500
43,600
3,625
6,400
3,250

3,800

Class A with warrants...25

Common class B

n

10

v

Amer & Foreign Power warr_.
Amer Fork 8c Hoe Co com...*
American Gas 8c Eleccom...*

American General

2,000
13,700

500

10

36,600
2,900

305

■""800
30,600

500

21,800
400
800

Corp

7,000

440

1,600
5,200
17,800

3,000
60
600

4,900

530

1%

11X,

Sale
Sale

10c
.1
....1

4

Amer Laund Macfk com

20
25

Amer Light & Trac com

25
10S

Preferred......

.....100

American Maracalbo.
American Meter Co..

1
....*

...

10>i

4%
26
32
12%

18

19

24 X

27 X

12 X

Sale
26
18 X
23
65
73
% Sale

22^1

22

*

Sale

22

26

21X
2X

23
2X

24~X
IX

23%
"28
24 X

27X
10X
16 X
12 X
22 X
20

IX
12H

Amer

Corp.
Republics Corp com 10

Apex Elec Mfg Co common..*
Appalachian Elec Power—
97 preferred....

~~8% Sale'
6
1

6%
Sale

23 """Feb.

4

26 M "Feb".

"24

IX Feb.

14

IX Feb.

7

12% Feb.

15
23

UX
27

12 X
Sale
111

5
4X
25 X Sale

140 Arkansas P Ac L 97 pref

Feb.
Feb.

Sale
Sale
26

Sale

X Sale

3% Sale
3% Sale
6%

6%

•

71

1,800 Art Metal Works common...5
13,900 Ashland Oil Ac Refining Co.l

6

6X

Feb.
Feb.

16
3

23

*20" ""Feb". "3

22

X

82
Sale
25%

8

SX

4

Xt Sale
3X Sale
3X Sale
Sale

3%

4

21 li "Feb". 24
63% Feb. 15
Feb.

24% Feb.

10

4

36" ""Feb". "21

Sale"

7X Feb.

3

8% Feb. 23

5h

5% Feb.
% Feb.

11

Feb.
Feb.
Feb.
Jan.

8
4
4
4

Jan.

26

Jan.
Jan.

28

28

Jan.
26% Jan.
Jan.
27% Man.
26% Feb.
Jan.

7

11
15
4

24
7

#

Feb. 15
3
22
28
Feb.
Feb. 23
4
109 X Feb. 11 111% Feb.
1
4
Jan. 28
Jan. 12
24
Feb.
4
mFeb. 28
27 X Jan. 26
Jan. 26
13
11
Jan. 19
Jan. 15

16
Jan. 26
11% Jan.' 26
23
Jan. 28
Jan. 28
29
63 % Feb. 15

23

1

8%

Sale

73
Sale
3H
4
IX
2X
3X Sale
11
13X

70

98^
%s
3X
3%
5X

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

69 X
14 X

Sale
h
X*

3H a3X
3% Sale
6

Sale

Sale

6X

23
12% Fob. 14

23X
19%
2%
27.^
23
IX
11%

18% Jan.
14% Jan.
23
23

Jan.
Jan.

63% Feb.
1

6

12
28
17

15

Jan.

12

26% Jan.

12

% Jan.

24

22

Jan.

3

30

Jan.

"5

7% Jan.

26

9X Jan.

5% Jan. 28
% Feb.
1

7% Jan.
1% Jan.

%

68

Sale

3X Sale
IX
IX
3X
3X
10 X Sale

12

16% Feb.

X

5%
6M
X Sale
73

15

63% Feb.
% Feb.
22 X Feb.

'"3IM Feb"

6

1

26

20

%

X

~6

9

3

16%
17 X xl6
12 X Sale
12

99 X

10

Feb.

Feb.

Feb.

23

12 X

28

15
28

Feb.

12%

24

14

3% Sale
IX Sale
3%
4X

4

33 X

10X

22

67

15

11 111M Feb .
4
4% Feb.
4
25% Feb.

11

27

12X

....

9,700 £Arcturns Radio Tube.....!
22,400 Arkansas Nat Gas com.
*
Class A..................*
68,700
Preferred...
10
6,800

12 X
22

109 X Feb.
4
Feb.

24

32 X

60

78

74
13

17
2

Sale

110

23 X

7X

Feb.

2% Feb.

Sale

Sale

Sale

23

2% Feb.

IX

Sale

4X

2X

24% Feb. 28

25 X

63%
82
X Sale

%

X

Sale

Sale

2X

Amer Potash Ac Chem

4,600
Preferred................*
1,900 Amer Thread preferred
5
2.700 Anchor Post Fence com....*
2,800 Angostura Wupperman
1

1,100
5,100

"23% Sale"
Sale

5,500 Amer Seal-Kap Corp com....2
57.000 American Superpower.....
1st preferred.......
1,200
..*

600
900

3

Sale

Amer Pneumatic Service...

14,100

2%

27

100
4% preferred
550 Amer Mfg Co common

400
10

30
Sale

110

...

13,900

26
24

•

Preferred

92 preferred
25
92.50 preferred.
500 Amer Hard Rubber Co com.50

"""366
500

.........25

Class B..................1
40 Amer Cyanamld com cl A.. 10

31",200
400

Conv class A

"6% "7"
4

Sale

Feb.

•

1
2

6

Feb.

3

X Feb.
7
70% Feb. 19
15
Feb. 23

12X Feb.
3% Feb.

1

1

4

Feb.

4

1% Feb.
3X Feb.
9% Feb.

2

2

23

7

4

Feb.
Feb.

24

16 X Feb.

21

9 101X Feb.

3

4

1
1

3

3% Feb.

3
5
3
8

6

2 Feb. 8
3% Feb. 24
3% Feb. 10
6% Feb. 24

36

6

Feb.

2

75

Jan.

3
17

12X
3%
1%
3%
9%

Jan. 28
3
Jan.
2
Feb.
Jan. 31
4
Feb.

18

Jan.

14

98%
*At
3%
3 %
5%

Feb.

Jan.
Jan.
Jan.
Feb.

4

Feb.

4

2% Jan.

11

Jan.

6

16% Feb.

21

9 103% Jan.
8
tit Feb.
4% Jan.
28

11

28

4

4% Jan.
7

Feb.

25

68

Feb.

3
5

17

6

Jan.

26

72
7

4

11

3 H Jan.

26

4

10% Feb.
7
% Feb.
2
IX Feb.
8.
Feb. 25
Feb. 23

10?^ Feb.
X Feb.
1
Jan.
6% Jan.
'32 Jan.
% Jan.

23
5
18
26

Feb.

10

70

6X Feb.

71

Feb"." 21

Jan.
Jan.

14

8
12
8
18

Jan.

8

Jan.

4

UX Jan.

27

Associated Elec Industries—

200

600

1,100
12,600
1,200
2,500

4,500
44,800
6,700
6,600

American deposit recta..£>

5,000
440

700

IX

i
Sale

95 preferred..............*

7

Sale

10X
11X
X
X
IX Sale
6%
7X

10%

J*
1
7X

Feb.

23

X Feb.

5

Feb.

1

6% Feb.

3
2

19%

%

a

Sale

8

1

*82 Feb.

Warrants................

8,300 Atlantic Coast Fisheries...
590 Atlantic Coast Line Co....50
10,600 Atlas Corp warrants........
3,420 Atlas Plywood Corp........*
16,400 Austin Silver Mines........1
6,500 Automatic Products Corp. .5

For footnotes

k

com ......1
Class A ..................1

300 Assoc Laundries of Amer...*
Atlanta Birmingham Ac Coast
RR Co pref.
.........100

3,000
1,600
4.600

10% Sale

Assoc Gas Ac Elec

see page




53.

73

3%
28

78 X

4%

70

3X

Sale

4X

Sale

3% Feb.

3

Feb.

3

27 %

% Feb.

1

IX Feb.
11X Feb.
X Feb.
IX Feb.

22

Sale"
12K

% Sale
IX Sale

Jan.

8

1% Jan.
8% Jan.

25

Jan.

3
11
5

22

% Jan.

17

82

Sale

% Sale

1

2*

"I"" Sale"
11X

Sale
X

1% Sale

Feb.

4

X Feb.
IX Feb.

4

10

10

4% Feb. 25

Feb. 25
5
25
3
2

3

Jan.

31

Feb.

22

3

% Jan.
10

Feb.
X Jan.
1 % Jan.

6
4
3

7

4% Jan.
Jan.
1% Jan.
15X Jan.
% Jan.
2% Jan.

30

13
11

11
12
12
12

NEW

42
AGGREGATE

YORK

Jan. 3

EXCHANGE

cue:

Since
Jan. 1

1938

STOCKS (Continued)
Par
3,100 Auto Voting Machine com—*
5
1,500 Avery (B F) Sons Co
125
6% preferred w w
25

Shares

Shares

1,600
700

100

200

2,110

7
6

8%

8

8

7X

18* *1*
1%

4,925 Babcock Ac Wilcox Co.......*

Ask

Ask Bid

Bid

2X

Axton Fisher Tob class A—10

3,000

Ask

Lowest

Feb. 28

Feb. 1

Bid

Purchase warrants........

V. 500

~

7X
7X
7% Sale
17% Sale
IX
2%

7% Feb.

4

7

2

Feb.

86

Sale

Sale Prices
8
Feb. 24

7% Feb. 25

Highest
Sale Prices

500

12,500
150

11,200

14

7% preferred...........30
3,510
Purch warr for com.......
43,100
1
13,200 Baldwin Rubber Co com
3,800 Bardstown Distillery Inc—1
1
41,500 Barium Stainless Steel
450 Barlow & Seelig Mfg class A.5
35,400 Bath Iron Works Corp—...1
Baumann

Feb.

4

93

Jan,

Jan. 26
Jan. 31
Jan.
4
Jan. 28
Feb. 16
Feb.
3

17

Feb. 21

17

4

Feb.

Feb.
4
Feb.
3
Feb.
8
Feb. 25
Feb. 16
Feb.
3

$1.50

4%

Sale

7% Sale

8

Sale

1%
1%
2% Sale
8%
10%
7% Sale

1%
1%
2% Sale
8
9%

3%

conv

20

pref

1,000
2,200
1,900

1
3,100 Beech Aircraft Corp com
7,700 Bell Aircraft Corp common..1
8,000 Bellanca Aircraft common..1

430

100 Bell Telep of Pa 6%% pf—100
*
100 Benson & Hedges com
Convertible preferred....*
2o0

100
200

1
16,700 Berkey & Gay Furn Co
Purchase warrants........
9,700
1,400 Blckford's Inc com.........*

4,500
400

60

50

2,700

4,400

12,700

S3.50 Conv pref
Blrdsboro Steel Fdy

•
& Mach *

25 Blauner's common.........*

25

100

3,600
1,000

3,700
150

8,600 Blue Ridge Corp com..... —1
*
$3 opt conv pref
2,200
12,300 Blumenthal (S) A: Co com
Bohack (H C) Co common
275
100
7% 1st preferred
150
.25
700 Borne Scrymser Co
»
700 t Botany Con sol Mills com

100

800

Bliss (E W) Ac Co

common...1
525 Bliss & Laughlln Inc com..

33,050

Sale

6

5

6

6

8

5

6

Feb.

28

24

12

23

12

*

1,000 Bourjols Inc

"6"'"Feb." "4

8

14

Feb.

21

1% Sale
Sale

16

3%

Sale

U6% U7%
6
4%

% Sale"
x» Sale
11

10

1%
13%
3%

1%

IS

8%

Sale
Sale

1%
14%
4%

Feb. 23
Feb. 17
Feb. 11
Feb. 15

9

Feb.

15

Jan.

18

7% Feb.

9

6

Jan.

6

8% Jan.

12

"6" ""Feb"." "4

6

Jan.

7

6% Jan.

29

1% Feb.
12% Feb.
3% Feb.

19
3

Jan.

12
3
11
10

Common

1,500
1,400
1,200

1,050
2,400
6,400
4,000

7% 1st pref
2d preferred

11,300

27,900

6,500

580

it*

I

6
Sale

7%

Sale

aYA

^

7%

7% Sale"

1 % Feb.
12% Feb.
3% Feb.

Feb.

8

3

Feb.

24

3

Feb. 26

19

1% Sale
38

5% Sale
2%
3%
15%
17%
10
10 %
X
%
3%
4%

1% Sale
38% Sale
7

8

100

Brazilian Tr Lt Ac Pr ord

Ill

Corp
Aeronautical..

-.1

Preferred..............100

4,100 Brill Corp class A

100

700

850

1,350

*

..._...*

Class B

•

preferred..........100

7%

500 Brlllo Mfg Co common

200

%

Feb.

17

160

Feb.

9

118%
5%
17%
%

Feb. 10 119% Feb. 10
Feb. 23
Feb. 23
Feb. 23
Feb. 11
Feb.
7
7
Feb.

116

Jan.

4 119% Feb.

1

10

"7% Sale'

1«*

Feb.

23

Feb.
30% Feb.

1

19

Feb.

23

Feb.

3

% Feb.

11
7

Feb.
Feb.

1% Feb.
37

Feb.

1
10% Feb.
30% Feb. 19
5
7% Feb.

10

8%

9

9

%

9%

37

38

7% Sale
1%
2%
15
17%
10%
11

2%
16%
9%

3%
17%
11%

3%

4%

3%

Sale

1

1%

Feb.

6% Feb.

3
3

9

19
4

1?%

5%
15%
/ X
Xi
9%
30%
7%

Feb. 23
Jan. 14
Jan. 31
3
Jan.
Jan. 12
Feb. 19
5
Feb.

11

Feb.

3

9
8% Feb.
19% Feb. 23

6% Jan.
17% Jan.

3

1% Feb.
38% Feb.

37

8

1

1

Feb.

25

2% Feb.
16% Feb.

3

6

2
Sale
6%

4

Sale

Class A

X

Feb.

15

15% Feb. 23

3% Feb. 28

._.*

% Feb.

3

Feb.

2

10

9%

Sale
Sale

85

%
%
3% Sale
IX
2
25

22

7%

8%

1%
11
6

4%
8%

2%
11%
6%
4%
Sale

3

Sale

11

Sale

5%
4%

Sale
4%

9%

9%

2%
10%
5%
4%

20%
8%

24
9%

3%

Sale^

Feb. 14
7
Feb.
Feb. 28
2
Feb.

8% Feb.

1% Jan. 31
Feb.

19

5% Jan.

3

4

Feb.

5

7

2

100

1% Feb. 25
16% Feb. 24
3

Feo.

23

11% Feb. 23
6% Feb. 24
5% Feb.
3

3,200

100

200

Coupon stock (bearer)_.._*
Registered
Amer

.*

.....

dep rets ord bear. £1
£1

Amer dep rets ord reg
British Celanese Ltd—
Am dep rets

1,050
1,500

100

500

6,8v>0
400

150

ord reg_..10s

25 British Col Power class A_
5,050 JBrown Co 6% pref
—100

3,700

3,300
10,400

Brown Fence & Wire com

1

4

10% Feb. 23

3

85

%,
3%
IX
18%
8%

Feb.
Feb.
Feb.
Feb.
Feo.

3

3
3

7
14

Feb.

18

% Feb. 23
4% Feb. 23
1% Feb.
3
23

Feb.

10

8% Feb. 25

20 J*
20 X

20%

21

20

20

20

21

19%

21%
21%

26%
26X

27 %
27 X

26% Sale
26%
27%

26%
26%

27
27

20

Brown Forman

Distillery...1

Brown Rubber Co. com.....*

4u0 Bruce (E L) Co
1,250 Buckeye Pipe Line

5
50

750

4,500
1,600

17,800

27,400

Bunker Hill & Sullivan..2.50

$5

1st preferred

*

500 Burma Corp. Amer dep rets..

200

3,800

IX ,■

IX

25
Sale

22
5

X
24

1%
Sale

6

6%

1

30% Febl

1!*

1 % Jan.

13

39% Jan.
9% Jan.

17
12
8
24
19

15% Jan.
10% Jan.

6
4

10% Jan.

5

3% Feb. 24

%iJan. >8
4% Jan. 13

11
7

1% Feb. 25
16% Feb. 24

% Jan.
7

Jan.

1%
10%
5%
3%

7
Jan.
7
Feb.
Jan. 31

Jan.

8% Feb.

5
4

81

Jan.

X,
3%
1%
18%
7%

3
Feb.
3
Feb.
Jan. 26
7
Feb.
Jan. 11

Jan.

5

19

28

Feb. 23

3

12% Jan.
7% Jan.
5% Jan.

5

12
14

10% Jan.

10

85

Jan.

- 3
26

4

j

Jan.
Jan.

21

Jan.

271
8

Jan.
Feb.

21

Jan,

5

20% Jan.

21

11

13
10
25

22

27% Feb. 25

Feb.

25

25% Feb. 18

1%

V-

27% Sale
7

27

Sale

8,700 Burry Biscuit Corp

400

700 Cable Elec Prod

200

400

12 %c

6)4

9
Sale

21)4

22

2J4
2

3
Sale

X

2%
3%
3% Sale
7%
9%
36

2%
3
3% Sale
9

Sale

37%

38

39

21% Sale

"l4"" Sale

*

v t c

Sale

3

39

22

13

13% Sale

Sale

2%
2

X

3%
2%

%

Sale

2%
2%

%

%

3

Feb.

3

6% Feb.

8

2%
3%
7%
36%
21 %
95%
11%
2%
2

3

Feo. 11
Feb.
7
Feb.
3
Feo. IS
Feb.
3
Feb.
4
Feb. 15
Feb.
5

27

26% Jan.

28

Feb.

28

25

2% Feb. 11
4% Feb. 23

25

33

Jan.

22

Feb.

3

31

Jan.

10

5

Jan.

3

7% Jan.

12

22

7

Jan.

8

2% Jan.

6

Jan.

2% Jan.
7% Feb.

4

22

Jan.

8

3% Jan. 13
4% Feb. 23

3

9

Feb.

28

37% Feo. 23

35

Jan.

26

39

Jan.

3

22

21%
95%
11%
2%

Jan.
Feb.
Feb.
Feb.
Jan.

19

22

Jan.

Xt Jan.

31
12

20

Jan.
Jan.

21

Jan.

4

Jan.

8

9

Feb.
Feb.

28

15

98% Feb. 16
14% Feb. 26
2% Feb.
5
3

Feb.

23

% Feb.

2

9

Feb.

3

% Feb.

9
1

5

3
23

23

4

Feb.
Feb.
Feb.
Feb.

25

4% Feb. 25

1

Feb.

5

1% Feb. 25

%

;

Feb. 25

26% Jan. 27
25% Feb. 18

33

26% Feb.
1
25% Feb. 18

Class A preferred........

Buff Niag & East Pow pref.25

1,200

12
12
19
Feb. 23
Feb.
3
9% Jan. 24
21
1% Jan. 12

10% Jan.

2% Jan.
16% Jan.

21

Feb.

12

Jan.

..._-*

British Amer Tobacco, Ltd—

2,600

1% Jan.

15

British-American Oil Co

400

Feb. 23

19

Feb.

20% Jan.

81

%«
X
3% Sale
1%
2
19% L7%
8%
9%

4

8

5% Feb. 10

Jan.

2

Sale

%

1%
12 %

it* Jan.
Jan.
165* Jan.

160

7

17% Feo. 19

37

165^

3

119

5

%

1
o

Sale

100

700 Bright Star Elec class B

600

2,300

....

10,200 Bridgeport Machine com....*

120

10

Sale

160

lis" 119% 117%

10% Sale

Tx

*

2,200

500

Breeze

4% Jan. 15
9% Janl 15
1 % Jan,
8
2% Jan.
8

4%
8%
1%
2%

Bowman Blltmore Hotels

2,000

Brewster

il

23

510 Bell Telep Co of Canada.. 100

40

7,000

Sale

13

13%
3%
6%
1%
1%
8%

Feb.

13%
3%
7%
1%
1%
8%

2% Jan.

82

20

82

20

17

3

17

15
12

Jan.

(L) Ac Co com....*

7% 1st preferred
100
600 Beaunit Mills Inc common. 10

100

15%

8% Jan.
8% Jan.

91% Feb. 26

14% Feb.

94

7
28

Feb. 17

10

16

Jan.

20

Feb.

90

7

21

21

Sale

7% Jan.

17% Feb. 28
2% Jan. 13
14% Feb.
3

17% Feb. 28

18

Sale

Lowest

Sale Prices

Highest

Sale Prices

Baldwin Locomotive—

2,410
20,400
3,800

1

Price

W YOR
In

RANGE SINCE JAN.

PRICES IN FEBRUARY

SALES

February

EXCHANGE

CURB

4

15
5

3

100% Jan.

6
4

Jan.

10

3% Jan.
3% Jan.

15
12

% Jan.

25

18

Cables Ac Wireless—
Am

dep rets pref sh
_£1
900 Calamba Sugar Estate Co.20
250 Canadian Car & Fdy oref—25

400

100
400

1,400

"~6~, 600

17,100

100

Can Indus Alcohol cl A....
B

.....*

non-voting

Canadian Marconi C0......I

*
25c

100 Capital City Products

11",400

37,000

200

100

300

2,500

700

"3", 800

5)4
22

19

19%
21
3%
4%
3%
4
1)4 Sale
10% Sale
1)4 Sale
14 X

A stk
*

Class B

..*

1

21
3%
3)4
19
20)4
IX Sale

5

20%
20%
3%
3%
1

7%
1%

Sale

22
23
4
4%
1%
9%
1%

70

$6 preferred..—

21

3%
5
20% Sale
1%
1%

2X

70.
26%
5%
12%
19
2%

4%

3%

.....*

44,600 Carrier Corp common..!—*
3,400 Carter (J W) Co common....1
*
2,400 Casco Products
100 Castle (A M) Ac Co.........10

12,900 Catalin Corp of Amer

1

4%
19%
22

3%

5%
22
23%
4%

3%
4
1% Sale
9%
10%
1% Sale

5
20
23

28 X

6)4

Sale
Sale

11

Sale

17

23

2X

Sale
Sale
Sale
14

24%
Sale

21

Feb.
1
Feb. 18
Feb. 23

5

'"!%'Feb." "2

1% Feb. 17

Feb.

11

15

3% Feb.

11
7

21

13%
3%

21
4%

15

20

23

20

Sale

73

Feb.

1% Feb.

Sale

5

10%

5%
11%

22

Feb.

4
15

Feb.

3% Feb.

12

6

22

Jan.

25

4

23

Feb.

23

4%
3%
1 %
10%
1%

Jan.
Jan.
Jan.
Jan.

8
26

Jan.

10

11

11

Feb.

11
4

26

Jan.

27

10% Jan.
X Jan.

3
27

15

Feb.

11

3% Feb.

11

20

21

1% Feb.
79% Feb.

3

2

73

1

65% Feb.

1% Jan.

7

70

23

Feb.

4

3
24

30% Feb. 25
5% Feb.
1

23

5% Feb.

13

10

10

Feb.

2% Feb.

3

Jan.

Feb.

Feb.

25

2% Sale

Jan.

1

65% Feb.
29

5

3% Jan.

75

15

250 Carolina P Ac L $7 pref......*

20
900

conv

1,100 Carnation Co common
11,000 Carnegie Metals Co com

170

22,200

Carib Syndicate com

100 Carman Ac Co

100

5

Feb.

3% Feb.

9

10

Feb.
Feb.

5% Jan.

5

3
15
7
4

13

Feb.

24

24% Jan.
2% Jan.

12
5

Celanese Corp of Amer—

400

2,700
50

150

300

1,400

2,100

450

$7 dlv preferred

4,000
475

Cent Pow Ac Lt

Sale

4% Sale

67

Feb.

3% Feb.

13

12

12%

12%

12%

100

100

89
6

7% pref—.100

89%
X Sale

78

80

85
72

Sale

76

85

Sale

7%
76
6%

8%
78

Jan.
Jan.

10
18
4
10

6% Jan.

3

Jan.

21

Jan.

8
17

It*

3% Jan.
82

Jan.

|14
26

Feb.

4%
64%
23%
12%

Feb. 26
Feb. 25
Feb. 26
Feb.
9

61

Feb.

24

69

Jan.

12

18

Jan.

31

12

Jan.

27

23% Feb.
12% Jan.

26
6

84

79%
84%
6%
71%

Feb.

3

Jan.
Feb.

3

1% Jan.
% Jan.

27
27

Feb.
Feb.

15
4

79% Feb, 17
84% Feb. 21
7

4

31

Jan.
Jan.

80
32

71

24

12

Feb.

3% Jan.

Feb. 21

3

Feb.

20

10 X

67

Jan.

4

61

...1

Cent Ohio Steel Prod

4%

•

Cent Hudson G & E com....*

40 Cent Maine Pow 7% pref
650 Cent N Y Pow 5% pref

30

270

1,100

70

600
7% 1st partlc prof
100
3,300 Celluloid Corp com.......13
1st preferred.............*
140

15

2!*
si*

4
'3

8

Feb.

3

86

Feb.

8

Feb.

3
21

Feb.

3

71% Feb.

9

76% Feb. 24

1% Feb.
% Feb.

5
7

1% Feb. 23
X Feb. 24

Feb. 17
Feb. 21
9

4% Feb.

84

Jan.
7
8% Jan. 12
77% Jan. 24
90

Cent Ac Southwest Util—

3,400
24,500

6,700
39,400

200

800

850

2,325
150

"""loo
1,800

100

50c

Common
Central

States

Elec com—.1

7% preferred
100
6% pref without warr..100
Conv preferred
100
Conv pref opt ser 1929..100

6,100 Centrifugal Pipe Corp......*

1%
X
13

2X

Sale
Sale

5X Sale
6X
12%
4%
8%
3 X Sale

1%
1%
% Sale
11%
14%
5% Sale
7
5
4

12

7%
Sale

1% ! 1%
% Sale
12%
14
5%
6%
7

9

13

4% Feb. 15

6

5

12

Feb.

Feb. 25
Feb. 21

,

3%

7%

3%

Feb.

9

2% Jan.

8

X Jan.

12

Jan.

14

15

4% Jan. 28

6% Jan.

12
21

7% Feb. 21

Feb.

21
9

Jan.

9

9
5

9

Feb.

x3 % Feb.

3

4

3% Jan.

3

4

9

6% Feb. 24
7% Feb.
1

6% Jan.

31

Feb.

21

8%

5

12

Feb.

1

Jan.

7% Feb. 21
Jan.

5

Chamberlln Metal Weather

300

1,000

300

For footnotes




Strip Co

400 Charls Corp com

5

10
150 Cherry-Burrell Corp com...5

see page

53.

6%
5%
7% Sale

6%
7%
7% Sale

6%
7%

6% Feb.
7

Feb.

21

7

20% Jan. 26

8% Jan. 18
7% Feb. 21
21

Jan.

13

march, 1938]
AGGREGATE
In

new

SALES

Februdry

Shares

Bid

450
4,750
2,000
3,800
4,050

Chesebrough Mfg
2."
Chicago Flexible Shaft Co..5
Chicago Rivet & Machine...4

100

161,800
15,800
1,500

Cities Service common......*

800

2,200
2,675

66,800
5,700
800
90

Chief Consol Mining Co

400

We

We

28

noH

Sale
Sale

600 Cllnchfleld Coal

4,900 Club

100

com

Aluminum Utensil

*

com

29"

4

Sale

1%

28% Sale
3%
2%
28

30

38

33

Sale

28

32

39

29

Sale

4%

36
•

5

38
Sale

36%

22

18

20

1% Sale
30%
36%
4% Sale
3%
3%
1%
1%

Sale

2

33%

32

4%
4
1% Sale

4%
2%

<

5,200
2,100
2,300
1,200

5,500
6% convertible preferred£l
11,400 Colorado Fuel & Iron warr...
4,300 Colt's Patent Fire Arms MfgJS
Columbia Gas Ac Elec Corp—
725
5% Conv preferred
.100
1
35,700 Columbia Oil & Gas com
Commonwealth dc Sou Corp—
Warrants..
62,200

250

28,200
700

~

Feb.

1% Feb.
26% Feb.
2% Feb.

3

Feb.

9

100

Jan.

5 107

59% Feb. 28
8% Feb.
3
% Feb.
4

40

Jan.

57

39

26

Feb.

24

1% Feb.
1
40% Feb. 23
3

Feb.

19

33

23

Feb.

32% Feb. 23

Sale

26

Feb.

29

Fee.

67
72

Feo.

Sale

tin

5%
3%
20
2%

Feb. 24

900

1,750 Community P & L 1st pref..*
Community Public ServiceCommon
2,200
........25
2,900 Community Water Serv .....1

900

1,800

4% Feb.
3% Feb.

19
18%
1% Sale

20

33%
5%
2%
1%

30%
4%
2%
1 %
8%

Feb.

1% Feb.

35%
6
3%
1%
,

Feb. .8
Feb.
4
Feb. 24
Feb.
1
Feb. 15

23
Feb. 23

Feb.

3

Feb.

9

1% Feb.

3

9

Feb.

18

2% Sale
3% Sale
Sale

3% Sale
3%
4%
5% Sale

2% Sale
4% Sale
5% Sale

2% Feb.

3
8

67

Jan.

3

Jan.

25

17% Jan.

27

Jan. 17
3% Feb. 23
20
Jan. 18

1

2,500
36,800
3,600

c ext to

1946

5,500 Consolidated Biscuit Co
1
106,300 Consol Copper Mines.......5
5,600 Con Gas E L Ac P Bait com..*
370
5% preferred A
......100

"2"700

6,000 Consol Gas Utll com
3,950 Consol Min & Smelt Ltd

1,000

56

Sale

&

Sale

58

Sale

4% Sale

I

Sale

Sale

30%
4%
2%
1%
8%

3

3% Feb. 23
2
4% Feb.
6% Feb. 23

%

%
%

Sale

3

3% Jan.

4% Feb.

2

7% Jan.

12

27

61

Feb. 23

3

60

Jan.

Feb. 25

53

Feb.

Feb.

8

24

Feb. 25

Sale

Feb.

8

3

4% Jan.

7

1

% Jan.
% Feb.

3

% Jan.
% Jan.

13
18

21

Feb.

8

28

Jan.

18

19

Jan.

3

21% Feb. 25

% Jan.

4

% Feb.
% Feb.

4

%

% Sale

We

%

% Feb.

4

12% Sale

14%

15%

12% Feb.

1

15

4
4%
4 % Sale
63% Sale

4%
Sale
66

Feb.

4

5%
62%

4% Feb.
61 % Feb.

3
17

% Feb.

1

58

Feb.

16

3

Feb.

4

...1

% Sale

5

54

3

.

""'ioo
3,000

425 Cont'l G At B 7% pr pref

175

100

9,200 Cont

Roll Ac Steel

Fdy com..*

300 Continental Secur common.*
300 Cook Paint Ac Varnish Co
*

300

57

3%
81%
82%
1%
1%
3% Sale
75

500 Continental OH of Mexico.. 1

200

2,300

68

80

s

Sale^

% Sale
60% Sale
3

70

3%
81%

2
1%
4% Sale
75
773
%
6%

4

%

60%

Sale
62%

J*

oW
80

1%

1%

70

7rlH

4

1% Feb. 18
4% Feb.
4
72% Feb. 24
%# Feb. 23

Feb.

26

4% Feb. 17
5% Feb. 23
64

Feb.

2

% Feb.

9

62

12%
3%
4%
61%
113%
%

Feb. 23

58

3% Feb. 23

3
80

1%
4%
75
%

Feb. 18
1
Feb.
Feb.

19

9

10

8

10

6%

9%

7%

Feb.

Jan.
Jan.

1% Jan.
3% Jan.

11
3

72k

3

Feb. 24

We Feb. 23

6

Feb.

3

7% Feb. 23

6

Feb.

2

4

2

9%

28

4

Jan.
Feb.

9

Feb.

12,100 Cooper Bessemer Corp com.. *

100

400

♦3 prior preferred.......
200
4,600 Copper Rang* Co.........
800 Copperweld Steel com.....10

10,500
1,100

24,100 Cord Corp
........5
4,400 Corroon Ac Reynolds.... ...1

1,200

100

500

9,300
1,200

22,500
2,400

1,300
54,800
9,100
13,300
2,200
1,800

100

3,300
25

75

800
150
500
mmmm

«.

Sale

19

1%
2%

Jan.

27

1%

Creole Petroleum com
5
Crocker Wheeler Elec
Mfg..*

(The) Brewing Co

1

Preferred

%
h
23% Sale
6% Sale
We

200

6% preferred

ii

1%

Sale

3

600

Cusi Mexicans Mining..

25

*

7

Sale

6% Jan.

12%
8H
20

6

7

300
200

1,700
700

cum

preferred...

6

1
Sale
Sale

Sale

%
3%
4%
10%
i%

%
4%
5
m
n

25% Sale
>%
6 % Sale

'a

3%
4%
10

Sale

3%
5
11

1% Sale

65

Feb.

Feb.

3

65

1% Feb.
9% Feb.

4

2% Feb. 23
11% Feb. 23

4

3

3
27
3

Jan.

27

1% Feb.

11

2% Jan.

3
29

20

65

Jan.

1% Feb.
9% Feb.

4

Jan.

12
13
29

3%

1

200 Diamond Shoe Corp com
200 Distilled Liquors Corp

3

4

26%

30

3

4

26%

% Jan.

Feb.

23

22% Jan.
5% Jan.
% Jan.

Feo.

Feb.

9

Feb.
Feb. 18
Feb. 14
Feb. 21
4
Feb.

Feb.

7

Feb.

15

3% Feb. 18
4% Feb. 25
10% Feb. 21

d*

Feb.

2

Feb.

15

4

Feb. 17
Jan. 12
Jan.
Jan.
Jan.

200

Am dep rets ord
reg

5,400 Dlvco-Twin Truck Co

Feb.

8

Feb,

21

7% Sale
9%
12%
8%
9%

7%
12%
9%
21%

8
15%
10%
23
6%

29
4

15

Jan.
Jan.
Jan.
Jan.

15
4
7
12

80

Jan.

20

% Jan.
8% Jan.

8
10

4

Feb.

2

9% Jan.

12

iVi
2in

m

Jan. 17
Feb. 18
Jan.
Jan.

Jan.
Jan.

72

15% Sale

Feb.

£1

9%

12

12

75
50

1,000

"i'.Ioo

~3~666

L)

% Feb.

7

Feb.

10

3

20

22

6% Sale
2%

6

Sale

2%

17

9%
14%
1%
3%
3%
17%

9

9%

8%
12%
1%
2%

10
14
2

3

3% Sale
20% Sale
9

Feb.

14

10

Jan.

1% Jan.
17

Jan.

% Jan.
7

5
3
15
18

Jan.
Feb.

25

Jan.

26
8

Feb.

2% Feb.

3

8

17

8%
12%
1%
2%

Feb.
Feb.
Feb.

4

3

Jan.

3

Jan.

28

22

23

18

Jan.

12

6

Jan.

26

Jan.

28

2% Jan.

31

3% Feb.

Feb.

3
3

58
9

Feb.

23

Feb.
3
Feb.
9
Feb. 10
Feb. 23
Feb. 23
Feb. 11

Feb.

8

10
3

22

3

16

Feb.

15
17

12%
1%
2%
3%

Feb.

16% Feb.

Feb.

12
11

Jan.

10% Feb.

10
15
12
21

Jan.
Feb.
Feb.

15
26

Jan.

28

il*
1%
10%
3%
29%
105%

3

3

7
11
8

Feb.

Jan.
Jan.

2m
5

8% Feb. 23
12% Feb. 25
10% Feb. 23

50

Jan.

Jan.

6

27

8% Jan. 27
12% Feb.
3
1% Jan.
2% Jan.
2% Jan.
15% Jan.
14

Jan.

10

Jan.
Jan.

27%
3%

25%

26%
3%

24% Sale
3
3%
10%
11%
14
14J*

15

12 %

Sale

3
12

13

13%

14%

Jan.
7
Jan. 26
Feb.
5
Feb.
8

% J an.

750

15%

16%

15

20

17

19

14"

18

16

19

18

21

2,000

22

Feb.

Ouke Power

com

Co

1
100

450

54,700 Eagle Plcher Lead Co...
10
5,200 Eastern Gas At Fuel Assoc..*
6% preferred
100
2,650
4H% prior preferred... 100
1,350

175

700 Eastern Malleable Iron Co.25

For footnotes

.....

see

page

53.




23

7% Jan.

17

Jan.

28

40

3% Jan.
58
9 %i

Feb.

7
17

Jan. 110
8

14

Jan.

2

Jan.

12

3% Jan.
3% Jan.

11
12

8

22

Feb. 23

Jan.

18

9

Jan.

8

24% Feb. 28
3% Feb.
7

24% Feb.

12

11% Feb.
13% Jan.

13

Jan.

67

21

16

Jan.

12

17

26
Feb. 21

55

Feb.
Feb.

3

63

4

20% Jan.

1% Jan.

7

2

Feb.

28

3

65

Jan.

3

Feb.

7

3

24% Feb. 28

3% Jan.

18

Jan.

24

15% Jan.

Jan.

4
14

Jan.

Feb. 21
3

17

Feb.

55

Feb.

57

Feb.

16

Feb.

20

17

4

16

Feb. 21
22

Jan.

15

........100

Corp

200 Durham Hosiery cl B com...*
4,100 Duro-Test Corp common...1
6,100 Duval Texas Sulphur....

2,300
2,400

3

8% Jan.
6
12% Jan.
7
10% Jan. 21

Co—

Driver Harris Co common..10

7% preferred

24% Feb.
3% Feb.
11% Feb.

12

16

Feb.

9

9%

7% preferred...........100
90 Draper Corp
*

Dublller Cond

10

1% Feb. 14

5*

6% Feb. 15

12% Feb. 25
3
8% Feb.
20
6

Jan.

6

102

Feb.

com..

Shoe

25,075

500

(W

10

67

3

Douglas

17,300
1,100
1,150

26%
10

Ac Coal B..25

20 Dominion Textile Co

12

12
11

6

9% Feb,
We Jan.

105% Feb.

We Feb.

14

9

com..l

1,400 Dominion Steel

10
13

Jan.
2% Jan.
13% Jan.

Jan.

29% Jan.

3

We Sale

% Sale

8%
12%
1%
2%
2%

400 Do bee km un Co common....1

300

19
5

3%
81%
1%
5%

Distillers Co Ltd—

200
100

17

Jan.

4% Jan.

3

1% Feb. 26

30

*

5

14

%
3 %
4%
10%
1%

6

58

20

w w

13,000 Detroit Gray Iron Fdry com. 1
2,500 Detroit Mich Stove Co.....
3,800 Detroit Paper Products
1
8,900 Detroit Steel Products.....*

Feb.

% Feb. 18
4
22% Feb.

% Feb. 14
9% Feb.

._*

Detroit Gasket At Mfg Co

6% preferred

3

Jan.

4% Jan.

17

40

9]
73
16

$4

%
23%

We Sale

35

200

Sale

Feb.

1% Feb. 11
3
2% Feb.

105 % Feb.
9% Feb.

50c

Class A

4%
32

1,400 Dejays Stores Inc common
1
10 Denniaon Mftf 7% pref
100
7,400 Derby Oil At Ref com.......*

3,160

11

Sale

26

7,400 Dayton Rubber Mfg.....

350
500

1%
10

10
com v t c

500 Davenoort Hosiery.

2,700

1%
9%

25

....

6,200 Darby Petrol Corp.........5

•

75

20

18

in

•

72,300

Sale

20%

1% Sale
2%
2%
62%
70
1% Sale

Feb. 11
Feb. 18
Feb. 23
Feb.
9
Feb.
1
Feb. 24

12

Crowley Mllner Ac Co com...*

.......

2,100

2
13%

2%
65

J.8

8%
17%
6%
20%
1%
2%

req

Cramp (Wm) Ac Sons Ship At
Engine Bldg Corp......100

Croft

70

1% Sale

7% Feo. 19
17% Feb. 18
5
5% Feb.

2

14

Feb. 26

£1

100 Cuneo Press com
*
250
preferred.........100
200 Curtis MfgCoiMo)
5

100

22

Sale
Sale

11

450

200

300

Sale

6

5% preferred............50

1,100 Cuban Tobacco

5,400

1,400
4,600
150

8

6%
20%

1,700 Crystal Oil Ref Corp com...*

.

4,100

8%

5%
18%

60

Crown Cent Petrol
(Md)
5
700 Crown Cork Internet cl A.
10,100 Crown Drug common
..25c

600
300

7%

Sale

S6 Conv pref A
.....*
Cosden Petroleum com_....l

Courtaulds Ltd....
Am dep rets for ord stk
100

1,000
27,300
2,900
5,500

6% Sale
4%

Jan.

1

Jan. 27 15
3
4%
Jan.
3
6%
Jan.
Feb. 17 70
Jan. 17 115
1
Jan. 31
Feb. 16
64%

$4 preferred.............

4,500

1

29
14

4

6%

4

3% Jan.

12%
13%
3% Sale
4% Sale
64

10

4% Feb. 23

21% Feb. 25
1
% Feb.

%

8

3

56

1
1

Jan.

3

Jan.

% Feb.
% Feb.

10

Jan.

52

Sale
%

6% Feb. 23
3% Jan. 10
1% Jan.
8

5

23

7

24

Feb. 24

2% Feb.
3% Jan.

Feb.

3

2% Jan.
35

6% Jan. 29

61

Feb.

6

7

7
3

3% Feb.

Feb. 23
Feb. 23

72

Jan.

3

21

Sale

Sale

22
19

61

3

8
Feb.
3
Jan.
Feb. 24
7
Jan.
Feb. 15

Feb.

20

%

3,500 Cons Retail Stores Inc com 1
30
8% preferred
.......100
1,700 Consol Royalty OH
10
14,500 Consol Steel Corp common..*

900

Jan.

5% Feb.
53% Feb.

4

2
Jan.
3
40% Feb. 23
8
3% Jan.
32% Feb. 23

4

53

5

4

Feb.
Feb.
Feb.

29

Feb. 21

6% Feb. 23
3

12
10
Feb. 24

% Jan.
39

:

1% Feb.

23
26

Feb.
9
Feb. 25

9% Jan.

4
26% Feb.
2% Jan. 25

Compo Shoe Machinery—
V t

Jan.

Feb. 23
Feb. 23

35

7% Feb.
We Feb.

6

900 Commonwealths Dlstrlbut..l

800

1,000

3

500 Cohn Ac Rosenberger com..*

16,900 Colon Development Co Ltd..

16,400

5 107

Feb.

28

"3% Sale'
16%

Highest
Sale Prices

7% Feb.
4
% Feb. 18

38%

8*

Lowest

Sale Prices

43% Feb.

1% Sale
34% Sale
3

Highest
Sale Prices

104

8

650 Cockshutt Plow Co Ltd....*

J

1

Lowest

110
Sale

7%

28

31

2

850
4,600
2,900
450

JAN.

Sale Prices

Ask

106
58

"8%

3

1,450 Cleveland Elec Ilium com...*
7,300 Cleveland Tractor com.....*

500
900

101

Sale

37

11,500

104

102
Sale

..-*

2,450 Cities Serv Pr ft Lt $6 pref..*
*7 preferred..
3,275
..*
14,400 City Auto Stamping Co
•
600 City & Suburban Homes...10
....1
1,400 Clark Controller Co
49,700 Claude Neon Lights com....l

Ask Bid

Bid

9

Preferred B........_.....*
Preferred BB
.........*

Preferred...........

120

2,425
3,225
8,700

1M

Ask

40

1

Child* Co preferred

Feb. 28

Feb. 1

1938
STOCKS (Continued)

RANGE SINCE

P ice
Jan. 3

Par

200
3,050

43

PRICES IN FEBRUARY

NEW YORK
CURB EXCHANGE

Since
Jan. 1

Shares

exchange

curb

10rk

VA
Sale
a

1%
Sale
Sale
Sale

Sale
Sale

50%

1%

1%
61
65%
%
1%
6%
6%
9% Sale
10% Sale
a2% Sale
27%
29
49%
50

7%

9%

2

Sale

61

65

%
2
6% Sale
8%
9%
11

Sale

3% Sale
28%

28

50
8

.

Sale

10%

1% Feb.
61

Feb.

2

Feb.

28

62

Feb.

2

5% Feb.
8% Feb.

6% Feb. 28
9% Feb.
1

9% Feb.

61

26

Feb.

11% Feb. 23
3% Feb. 28
28% Feb. 24

26

49

Feb.

50

23

49

10

Feb.

10% Feb. 21

8

2% Feb.

Feb.

Feb.

% Jan. 27
5% Feb. 16
7% Jan.
3

8% Jan.
3
2% Feb. 16

% Jan. 27
6% Jan.
7
9% Feb.
1
13% Jan.
3% Jan.

12
11

4

31

Jan.

13

Feb.

10

51

Jan.

Jan.

18

11

Jan.

10
12

Feb.

NEW

44

February
Shares
800

450

4,800
2,300
945

Bid

Ask

IK

1K

6,200
265,400
13.000
3,400
14,800
7,000
1,850
9,700
4,400
1,995

Elsler Electric com

3K

Lowest
Sale Prices

Feb.

1

1% F b.

1

1

% Jan.

25

18
18

Jan.
Jan.

29
6

Jan.
Jan.

27
26
4
3

5

22

Feb.

3
4

Feb.

25
4

1%
7%

IK

Sale
Sale

Sale
Sale

55

Sale

Sale

45

51

Electric Pow Ac Lt 2d pf A...*

Sale

2%

Sale

3%
IK

1

Sale
Sale

Sale

24

Sale

ih

25

13

Feb.

14

12K Feb.

Feb.

3

Feb.

23

"3% "4"

6% Feb.
46% Feb.

3

Feb.

9

2%
2%
22%
3%

Feb.

4

Feb.

4

3% Feb.

21

Feb..

4

Feb.

23

Feb.

3

Feb.

23

17

2K Feb.

23

11 x70

Feb.

3

6

Feb.

23

1!

2

2

Sale

UK

Feb.

72

70

|i Cony pref with warr...*

3K
3%

3

70

Sale

68

Feb.

8

3

Feb.

13
14

43

7a

3

Feb.

1

1

27

Feb.

Feb.

3% Feb.

Highest'
Sale Prices

21% Feb. 18
4% Feb. 23

ii*

12% Feb.

Sale
14

12

49 %
43 %

1

com.

1%
Sale

3%

Sale

1

...»

Option warrants
Electric Shareholdings

[light's!
Sale Prices

13

Electric Power Associates...!
.

Ask

Ask Bid
IK
Sale

14

12

Electric Bond 8c Share......5

Class A

1%

Lowest

Sale Prices

Feb. 28

1

18

......1

$6 preferred
$5 preferred.....

Bid

22

250 Economy Groc Stores com..*
...2
600 EdlsoD Bros Stores

50

200

2,200
41,600
4,800
1,000
;
5,600
4,000

Feb.

1938-

5,400 Eastern States Corp com....*
$7 preferred series A.....
2,200
$6 preferred series B—..
1,825
7,800 Easy Washing Mach class B.*

250

1

Price
Jan. 3

Par

STOCKS (Continued)

Shares

2,400
.

NEW YORK"'
CURB EXCHANGE

Since
Jan. 1

575

RANGE SINCE JAN.

prices in february

aggregate bales
In

EXCHANGE

YORK CURB

55% Feb. 23
50% Feb. 23
3K Feb. 23

29%

Feb.

1

6%
46%
40%
2%
2%
22%
3K
1%

27
8
28
4
27
4
Feb.
3
Jam 26

Jan.

Feb.

Jan.
Feb.
Jan.
Feb.

% Jan.

8

26

Jan.

18

24

Jan.

18

4% Jan.

18

14

Jan.

19

14

Feb.

14

1% Jan. 13
10% Jan. 12
58
Jan.' 4
55% Jan.

14

4

Jan.

13

4

Jan.

13

35

Jan.

5

Jan.

11

2

Jan.

15

75% Jan.

14

5

Feb.

11

5% Jan.

27

6

Jan.

14

13

Jan.

31

68

Electric Shorel Coal Co—

400

*
100 Electrographlc Corp com...!
1
5,600 Electrol Inc v t c
3,100 Elgin National Watch Co..15
1,100 Empire Diet Elec 6% pref. 100
5,275 Empire G 8c F 7% pref
100
2,000
8% preferred.
.......100
1,500
6% preferred
....
100
300
6% % preferred..
100

150

~2,700
100

1,000
5,125
1,600
1,300
275

'50 Eureka Pipe Line

1

30

35
36

23
27 K
25

32
28

38%
36%

27 K
23

28

37

25

16
IK
Sale

6,300

12
Sale
39%

300

1,000
400

~~2, 600

5,600

Ferro Enamel Corp com
Fiat Amer dep rets

1
....

"~8~, 300

Flsk Rubber Corp common..1

Fldello Brewery
560 Fire Assoc of Phlla

140

7,300

350

100

10

3,900

V

1,100
11,300

Class B

..*

...

3

Feb.

19

1

Jan.
Jan.

1

23

Feb.

1

22

Jan.

31
26
4

32

Feb.

17

50

Feb.

23

31% Jan.

50

Feb.

19

28

Jan.

21

13

Sale
«

v*

Sale

13

Feb.
Feb.

23
19

Feb.

21

Sale

32

Feb.

10

36

46

Sale

32% Feb.

15

52

Feb.

Jan.

27
26

33
35

42%
43%

28

Feb.

8

48

Feb.

19

28

Jan.

27

28

Feb.

8

49% Feb.

21

28

Feb.

8

Feb.

16

Feb.

16

22

Feb.

16

10% Feb. 25
% Feb. 23
11% Feb.
2

9

44
48

3%
6%

3%
7
21

20
5

6K

5%
7%

10%
%
10%
26%

"Me Sale

%
7

8K

Sale
%
Sale
30

Sale
9%
Sale

z9

Feb.

3

% Feb. 24
9% Feb. 16

Feb.
Feb.
Feb.
Feb.

4
4
3
3

12

3K
7%
21%
Sale
Sale

2%
7%
20%
4%
6%

3%
8
20%
5%
7

2%
7%
20%
4%
6%

4
Feb.
3
Feb.
Feb. 23
4
Feb.
Feb. 26

"20K

20%

Feb.

14%

203%
15%

19,:

16 K

^ 60^

K
57%

3

22

32

J@n. 26
% Feb. 24
5

9% Jan.

Feb.

23

&

1
6 Feb.
8% Feb. 2*
12K Feb. 28

3% Feb.

8

Feb.

17

20% Feb.
5% Feb.
7% Feb.

21
26
1

8

Feb.

Feb.

22

6

"21

%
17K
% Sale

57

55

54

19K
12%

5K Sale

Sale

Jan.

8

27

10

Jan.

3

% Jan.
% Jan.
11% Jan.
.13% Jan.

2%
6%
20%
4%
6%

Jan. 26
8
Jan.
Jan. 22
4
Feb.
Feb. 26

3% Jan.
Feb.

17

20% Jan.
6% Jan.
8% Jan.

26
17
8
31
18

6

3

8

6K Sale

K« Feb.

Jan.

31

32

Jan.

4

22 K

Feb." "9

19

Feb.

4

23

Jan.

2

K Feb.
4
58% Feb. 23
7% Feb. 18

55

57
Sale

Feb.

3

6

Feb.

3

63

36
15 K

Sale

Sale

61

Feb.

21

32

Sale
15K
16

35

38

Sale

17%
17%

18
18%

17%
18%

Sale

15

Sale

32% Feb.
16% Feb.
17% Feb.

5%
1%
7%
3%

Sale
2%
8K
Sale

5%

Sale

5% Feb.

11

16

10% Feb. 25
% Jan. 11
13
Jan. 15
31
Jan.
8

62

20%

19

49% Feb. 21

% Jan.
M. Jan.
b% Jan.

31

Ke
%
6%
10%

Sale

7K
20%
4%
7%

__

19

10

44

7
11

1% Feb.
Jan.

32

...100

Preferred

*
2,050 Florida Power 8c Lt S7 pref
12,600 Ford Motor of Canada cl A..*

450

Feb.
Feb.

33 K

9K Sale

...1

21,900

"2,900

1

23

10%
1%
38

% Sale
11K Sale
26
33

...50

1
4,600 Palrchlld Aviation com
.1
3,700 Falstaff Brewing.......
800 Fanny Farmer Candy com._l
2,000 Pan steel Metallurgical Corp*
1,000 Fedders Mfg Co common....5
10 Fed Compress & W'house__25

2,300
1,800

4

22

"27"

European Elec Co of CanOption warrants..........
8,000
*
27,000 Brans Wallower Lead....
7% preferred
100
3.100
26,400 Ex-Cell-O Aircraft 8c Tool.. 3

550

11
8
7
10

4

KeJan. 12
60% Jan. 15
7% Jan. 15
61% Jan. 25
41% Jan. 14
18% Jan. 17
xl8K Feb. 24

% Jan.
Jan.

5% Jan.

Feb.

28

58

38% Feb.

28

Feb.

25

7 zl8% Feb.

24

32% Fen.
15% Jan.
16% Jan.

5% Feb.

2

5% Jan.

5

5% Jan.

13

Jan.

26

2

Jan.

26

25

4% Feb.

15

7% Jan.
3% Fen.

7K Jan.
5
Jan.

25
17

8

23

8% Jan.
16% Jan.

17
18

3

63
18

Jan.

Ford Motor Co, Ltd,
Amer dep

rcts__Ord reg 81

5K

100 Ford of France Am dep rets..

2

100 Fox (Peter) Brewing Co

700

IK

IK

3,400 Emsco Derrick 8c Equip Co.5
41,100 Equity Corp common.....10r
9.200 Esquire-Coronet...........!

2,600
10,000

900

11"

16

11

100 Empire Pow Corp part stk.

100

1,400
15,500
2,400

5,200

5% Feb.

$4 participating pref

6%
3K

5
1,800 Franklin Rayon Corp com__l

5K
2%
9

4%

lh
4

4%

2

§8
3%

"Feb.

1

Froedtert Grain & Malting

400

500

150

1,500
1,100

600
20

"""io
2,100

Common.................1
Conr pref..

.......15
1

Fruehauf Trailer Co

130 Gamewell Co 16 conr pref—*
200 Gatlneau Power Co com....*
70
5% preferred...........100
*
4,300 General Alloys Co

7%
6K
14% Sale
9%
8K

8%

7

15%

16%
10

9

7%
15%
8%

8%
16%
9

7% Feb. 24
7
15% Feb.
8% Feb. 16

"8% "9%

8%
2

9%

9%

Sale

Feb.

23

Feb.

21

86

Jan.

9

11

Jan.

18

13

S7

Jan.

27

9% Jan.
80% Fen.
2% Jan.

4
21
10

19% Jan.
13% Jan.
% Jan.

19
17
3

»»t Jan.

5
13
14

21

87

Jan.

27

80% Feb.
1% Feb.

21

80% Feb. 21
2% Feb. 24

75% Jan.
1 % Jan.

3

17K Feb.
10% Feb.
Ke Feb.

19

18% Feb.

11
23

% Feb.

1

17% Feb.
10% Feb.
Ke Feb.

19

Feb.

Feb.
Feb.
Feb.

10

1% Feb.
11% Feb.

11

10%
Sale

2

3

9

Feb.

87

75% Sale
2
IK

15% Feb.

7% Feb. 24
3
14 % Jan.
8% Feb. 16

Feb.

2

5

General Elec Co of Great Brit

400

800

3,700
600

6,800
1,300

Tioo

10",700

Fireprooflng com.....*

Gen Inrestment Co com

1

......*

$6 Preferred
Warrants

18 K
19 K
11K Sale
K Sale
48
65
Me

18%
12%
%

19%
Sale
Sale
65

48

18%

18%

14

14%

40

600 General Rayon A stock

100

6,200

*

General Telephone Corp...20
$3

conr

preferred

*

__._.

4

14

7

4

7

.

65

48

32

'

%6

/'

65

Feb.

4

8

40

Feb.

10
23
8

5

67

Feb.
Feb.

ij2 Jan.

4

40

Feb.

8

1% Feb.
12% Feb.

11
2

1 % Jan.
11% Feb.

Jan.

7

16

16

14

Jan.

10

86% Feb. 26

'

86% Feb.

26

86% Feb.
5 % Jan.

26

88

Jan.

12

5% Jan.

19

Me

32

i82

65

50 Gen Outdoor Adr 6% pref. 10ft
*
110 General Pub Serr $6 pref

30

3,200

81

American dep receipts

Gen

40

50

1%
11%
40%

8

12

41

1%
Sale
50

"~5K

IK
11

IK
a

12%
44

1%

Sale

1

s2

7

Jan.
Jan.

70
47
1 %

50

Gen Tire & Rubber—

40
6% preferred A
......100
100 Gen Water Gas & Elec com. 1

10

.

...*

$3 preferred

900

"l",325

10

20

300

2,600

18,700
1,200
4,600
70

10",300
1,800

16,400
1,800

200

550

200

3,800
300

5,600
400

1,450
650

3,200

Glen Alden Coal Co

•

Godchaux

*

Sile
43 K
6
7%
5K
5%
27
28%

*

12

Co

*

..*

......

Sugars class A

Class B

$7 preferred....

6%
38 K

6

40
6

5%

6%
42%
7%

5%
27%

"~8"

65

Sale
Sale

6
39

41 %

5

6%
Sale

Sale

5%

Sale

35

12%

15

33

Sale

17

41
Sale

3
64% Feb.
5% Feb. 21

17

Feb.
Feb.

41
6

26

66% Feb.
6% Feb.

7
23

64% Feb. "3
5% Feb. 21

76

41

Feb.

17

40

5

41

6

S3 preferred
Gorham Mfg Co—

....*

Gray Tel Pay Station com.. 10

«650 Gt Atl 8c Pac Tea 1st pref.100
Non-rotlng common stock *
5,375
1,500 Great Northern Paper Co. .25
6,000 Greenfield Tap 8c Die com..*

Jan

2%

3

19K Sale

% Sale
8

9%

4K
5%
119% 120 K
46

30%
5%

Sale
Sale
Sale
18

16

20

17

%
2%
16%

S lie

32%
6

%
8%
5%
121

Sale
8%
Sale
123

48%

49

28

30

18%
17%
%
8

5%
124%
46%
28

6%

5%

6%

2%

26

6

Feb.

26

17

5

Jan.

26

1

29

Jan.

5

17% Feb.

23

12

Jan.

26

17% Feb.

26

93

33

12

Feb.

8

18%

2

16% Feb.

19
15% Feb.
Sale
% Feb.
8% & 7% Feb.
5K
4% Feb.
Sale
119% Feb.
48
46% Feb.
30

3
14
16
3

7
14

Feb.

3

5K Feb.

7

2% Feb.
Ke Feb.
Feb.

3

28

Sale

5
1

Jan.

5
6
7
12
28
15
13
23

4 % Jan.

29

119% Feb.
46

Jan.

28

27
23
27

20% Jan.
IK Jan.

15% Feb.
% Jan.
7% Feb.

Feb., 8
Feb.
9
Feb.
9
Feb. 28
Feb.
2
Feb. 23
Feb. 23

Jan,

6

1

3

%
8%
6%
124%
48%
29%
7%

.Tan.
Jan.

16

8

Feb.

16

6K

17

4

Feb.

17

2

6% Jan.
35

Me Jan.
2% Feb.
19% Jan.

% .Tan.

16% Feb.

Ke Feb.
2% Feb.
17% Feb.

Feb.

10

17
28
14

Feb.

7

4

Jan.

Fer..

6%

Feb.

2

Feb.

% Feb.

"2"

Jan.

6K Feb.

5% Feb.
31

90 % Jan

1

.*

Gorham Inc class Acorn

19

30%

.._...*

Gold field Consol Mines

V t c agreement extended.*
600
64,200 Grand National Films Inc..I
1,400 Grand Rapids Varnish Corp *

>£9,500

6%
29

64% Sale

Preferred...

300 Gilchrist

200

7,000

27

32

Georgia Power 36 prtf._

800 Gilbert (A C) Co com

500

4K
28

3

9%
6K Jan.

7 124% Feb.
3
49% Jan.

Feb.

3

5% Jan.

31

Jan.

33

7% Feb.

1
3

Grocery Stores Prod—

400
400

5,200

"""260

700

Common
25c
2,300
1,200 Guardian Inrestors common 1
25
8,800 Gulf Oil Corp
20 Gulf States Utll 16 pref
*
$5.50 preferred
280
....*
Gypsum Lime & Alabastlne. *
Hall (C M) Lamp Co
*
5
600 Haloid Co..
25 Hartford Electric Light....25

2,700

200

"3",666

1,200
2,500

6,000
2,100
2,600
1,400
3,700
11,200

12",400

400
500

200

300

200
400

2K
9%
52
1

Hat

Co

Corp of Am cl B

Haseltlne

Corp

1
com

1
•

1

4%
14%

Hearn Dept Stores common.5

6

.........50

28

6% preferred

Class A

*

400

Hewitt Rubber Corp com...5
425 Heyden Chemical Co..
10
900 Hoe (R) & Co class A.......10

13,800

23.300 Holllnger Consol G M......5

1,600

125

10

I K

Brewing

200 Heller (W E) & Co common..2
500
7% cum pref w w_.
25

200

5

Hartford Rayon com v t c_.l
Harrard

Hecla Mining Co
25c
350 Helena Rubensteinlnc.....*

100
100

Sale

HartmanTobaccocom.no par

28,300

1,200

2%
%
37 K

8%
3%
6%
6%

Sale
11

52

56

Sile
1%
1%
4K




see

page 53.

1%
1

7
34

4%

6%
26

Sale
5%
8
7%

•

3
13
56%
IK
IK

Sale

15%

8%
3%
7

6%

Sale
35

Sale
4%

va
8

6%
:

3

10%
56
'

3
%
Sale

2

Feb.

3

Jan.

5

72

Feb.

17

"~6K "7"
33%
8%
12%

37
11%
13%

"6% ~"8~~
38
Sale

37%

14

Sale

13%

9

3% Feb.

2% Feb.
11% Feb.

24

Feb.

23

8

3
Jan.
8
M« Jan. 12
42% Feb. 21
81
Jan.
5
80
Jan. 15

16%
6
34
Sale
4%
8
8

Sale
11%
14

2% Jan.

1% Jan.
1% Jan.

11
17
11
12
10

1%
%
%
4%
14%
5%

3
Feb.
Feb. 18
7
Feb.
Feb. 18
4
Feb.
Feb. 23

1% Feb.

9

1

Feb.

1

Feb.

8
25

3
26
6% Feb.
9

4% Feb.
16% Feb.

Jan.

11

11

Jan.

.1"

58

12

60

*6% "8%

33%
9%

8
3

9

Sale
12

1%
1%
% u 1 :.v.
%
1
3%
4K

15%
5%
26%
8K
3K
6%
5%

2% Feb.
Me Feb.

37

Jan.

58

1% Feb.
% Feb.
% Jan.

Jan.
Jari.
Jan.

Jan.
I"

18

18

Feb.

28

35

Jan.

37% Feb.

Feb.

1

9

Feb.

12% Jan.

Feb.

2

13

Jan.

14% Jan.

28

23

Peb.

10

Feb.

15

6% Feb.

8

6% Feb.

7
3

35

Feb.

23

9

Feb.

3

13K Feb.

3

?M
6%
20%
7%
37%
9%
14%

30

Feb.

9% Feb.

Feb.

16% Feb. 26
Jan. 11
9
10
11
8
27
8
23
7
28
10

3
10

7

4% Feb.
14% Feb.
5% Jan.
30

7% Feb.
3% Feb.

20

\

For footnotes

2%
10%

2%
%
40

37
81

3%

Sale®

2% Feb. 26
% Feb.
3
42% Feb. 21

72" "Feb. 17 "77"""Feb."25

2%
K

2K

37%

Feb.

15

Feb.

8

Feb.

23

Jan.

7% Feb.
3% Jan.

Jan.

10% Jan.
7

Jan.

Feb.

7% Jan.

6% Feb.

6% Feb.
20% Feb.

7
20

Jan.

6% Jan.

8

Jan.

March, 1938]
AGGREGATE

new

curb

yobk

SALES

45

exchange

PRICES IN FEBRUARY

new york
curb exchange

Since
Jan. 1

STOCKS (Continue.'

Par

Bid

Ask

400 Holophane Co Inc common.*
Holt (H) & Co class A
*

12

14%
9

5%

Feb. 28

1

Feb.

1938

Shares

RANOE SINCE

JAN.

1

Price
Jan. 3

Ask Bid
13
15X

Bid
12 X

15%

5X

9

596

Lowest

Ask

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

14

Feb.

21

4

Feb.

1

2194 Feb.

1

1494 Feb.

23

1394 Jan.

27

1494 Feb. 23

9

Hormel (Geo A) & Co com...*

100

100 Horn (AC) Co common.....!

875
m

3,325

'm

^

400

-

38,100
13,100
2,100
■*

•«**■*

*■

76,800
30,500
6,000

*•

'""466

""150

2,400
3,100
2,500

6,100
7,500
4,600
1,850

650
25

7% preferred stamped..100

Illinois Iowa Power Co

Preferred

Dlv

ctfs

Illinois Zinc Co

*

600

5,000

Am dep rets ord reg

£1
*

17,400 Imperial Oil (Canada)...
1,900
Registered
.♦
2,100 Imperial Tobacco Co of Can.5
1,900 Imp Tob of Gt Brit & Irel..£l
2,200 Indiana Pipe Line
10
120 Indiana Serv Corp 6% pfd 100

800

.

1,200
'm

900
110

70

7% preferred
..100
175 Ind'polls P & L 6H % pf ..100

22 X

Sale

Feb.

1

"Feb".

2334 Feb.

17

4

1

27

12

16

28

Sale

23

Feb.

3

2894 Feb. 25

2294 Jan.

3

62 X

Sale
6

68

Sale

6094 Feb.
494 Feb.

5
9

70

Feb.

23

60

Jan.

29

594

Feb.

25

494 Feb.

9

12 >4

12 X

16

11

Sale

596

4% Sale
1 %

2

X

X
7X
7X
IX

6X

8

12

Sale

10

13
5
Sale

10 X

5

dU

7*
7

14 %
10

Sale
6
12

48 X

17 X
17 X

1396
37 X

Feb.

8X
18 X

Sale
Sale

17%
17%
13 X
38

18
14

3796
<6%

18X
14 X
3796
7

86 X

89

734 Feb. 24

5

496
IX

2
Sale

3 X
16 X

Sale
Sale
Sale
10X

5X
9X

IX Feb.
2494 Feo.
3

Feb.

1294
4%
1034
4994

7

2

Feb.

9

27

Feb.

21

3 94 Feo.

21

4

7
Feb.
4
Feb.
Feb. 25
3
Feb.

794 Feb.
19X

19 X
19X
14X
14X
35X
36X
7%
8
19

16

1794 Feb.
1794 Feb.
1494 Feb.

7
9

10

694 Feb.

3

Feb.
Feb.

5

21

8634 Feb.

Sale"

14%
8596

88

1

1694 Feb. 28
534 Feb. 28
11

Feb.

17

4994 Feb.

3

7

11

894
1994
1834
1494

794
1394
1494
8694

1
Feb.
Feb. 25
3
Feb.
Feb. 25

Feb. 21
Feb. 26
Feb. 25
7
Feb.

Feb.

23

10

794 Jan.
494 Jan.
196 Jan.
2494 Feb.
Feb.

494 Jan.

Jan.

3

1294
494
1094
4894

17

794 Feb.

16
6

Jan.

5

Jan.

26
18

Jan.

28

Feb.

5

is*

Feb.

21

8694 Feb.

7

194 Jan.
194 Jan.

10

11

Jan.

3
24

8
19
10

15

12
12
12

1394 Jan. 12
4994 Feb.
3

1794 Jan.

11*

Jan.

6

Feb.
Feb.
Jan.
Jan.

14

694 Jan.

70

Jan.
Feb.
Jan.
Jan.
Jan.
3394 Jan.

7

1
15
20

2894 Feb. 25

94
794
794
594
294

3694 Jan.
10

86 >4

9

12

.

>

94 Jan.

Sale

7%

7

396
Sale
5
12

1094 Feb.

*

25

396
14 X
496
1096

9% Feo. 21

Feb.

Jan.

Jan.
Jan.

Sale

9X

4

24

4 100
11
21

10

11K

120

50

"396 "5"

24

5X

......

Sale

21X Sale

Sale
6593 Sale
5x

9%

..♦

............50

arrear

Sale

2194 Jan.
IV
9894 Jan.
994 Feb.

1

com

50 Illuminating Shares Co A...*
Imperial Chem Indus Ltd—

500

'mrn

*

Corp...5
Hussman-Ligonier Co
*

7% pref unstamped
100
200 Hydro-Elec Secur com..
..*
4,400 Hygrade Food Prod.. ......5
2,150 Hygrade Sylvanla Corp
.*

mm mm

m m

23 %

22 J*

Hummel-Ross Fibre

tHuyler's of Del

"3K ~~5% ~~4

50

1,800
1,250

'■»

—•

Hud Bay Mln 8c Smelt.....
Humble OH & Refining

250

rnmrnmmm

mm

Horn ft Hardart com

30
5% preferred...........100
600 Hubbell (Harvey) Inc......5

894 Jan.
1994 Feb.
1894 Jan.
14 94 Feb.
3794 Jan.
/ y±
794 Jan.
1394 Jan.
1494|Feb.
8894 Jan.

26

25
21

25
21

20

14
25
21

Indian Terr 1 Hum Oil Co—

300

"'"loo y600

Non-voting class A
Class B

""206

""325

4,250

7,400

*
Sale

...*

stock

Industrial Finance

1

1

v t c

54

56

18

20%

1.000

2,400

6,000

16

400

16,400
m

m

m

mm

Insur Co of North Amer

Int

Hydro-Elec 13.50 pref. .50

100

m

4,400

7,700

A*

Sale

20

Registered
Internat Products com......*

194 Feb. 24

IX
Sale

IX

a

13

Sale

2X
30

Sale

Sale
29

2996

Feb.

60~~ Sale"

54

Feb.

4

20

Sale

19

Feb.

15

IX
16%

IX
Sale

12

"A" stock pur warrants...

32,900 Internat Paper 8c Pow warr..
28,500 Internat Petroleum com.... •

10,000

IX
IX
X

7

"58" Sale"

10

400

IX
IX

7% preferred...........100

1,200 Internet Cigar Machinery..*
1,300 Internat Holding & Invest.*

400

IX
IX
IX

IX
IX
X

"2 % Sale"
28 X
28

3M

3

5H

2X

7

Sale

3096
3X

2%

Sale

31

Sale

30 X

31%
Sale

4%

3

17

7

Feb.

3

54

Feb.

4

894 Jan.
6194 Jan.

6
15

19

Jan.

6

22

Jan.

15

Feb.

3

194
1694
94
2 94

Feb. 21
Feb. 25
Feb. 24
Feb. 25

8

31

Feo.

4

.94 Feb.
194 Feo.
2994 Feb.

17

3

8

6094 Feb. 24
Feb.

Feb.

Feo.

194 Jan. 27
194 Feb. 24

24

20

194 Feb. 21

3

194 Feb.

1

25

494 Feb. 25

Feb.

21

12

Jan.

27

94
194
2894
2994
294

Feb. 17
Feb.
3
Jan.. 3
Jan.
5
Jan.
4

l1

194 Jan. 12
1794 Jan. 12
% Feb. 24
394 Jan. 12
31

Feb.

25

2994 Jan.
5
4 94 Feb. 25

6% preferred...........100

3,700
300

11,300 International Radio Corp..l
500 Internat Safety Rasor cl B.*

400

800 Internat Util class A.......*

7,600

13,800

600
v

Class

1

B

900

$1.75 preferred........

200

200

1,300
2,600

$3.50 prior preferred

•
..*

New warrants...
4,400
1
8,500 International Vitamin
3,600 Interstate Home Equip com.l

5

7%

10

% Sale
896
10
26 >4
30

200

700 Interstate Hosiery Mills

*

130

30

694 Feb.
34 Feb.

4

8

Feb.

18

1

Feb.

2

94 Feb.
894 Feb.
% Feb.

4

8

94 Feb. 17
894 Feb. 15
2534 Feb. 47
Feb.

3,100 Investors Royalty Co
1
1,700 Iron Fireman Mfgcom v t C.10
6,700 Irving Air Chute com.... ..1
3,000 Italian Superpower cl A
.*

3

% Sale

39i
25%

3%
27

540 Interstate Power $7 pref....*

1,700
800

14,500
1,000

26

7% Sale
X Sale
7X
8h
X Sale
8X Sale
27 X
29

4

334
394
2594
434
94.

Feb.
Feb.
Feb.
Feb.
Feb.

3

14

Feb.

.......

1,800

1,900
2,900

Sale

X Sale
8X
9X
% Sale
7^
9M
8X

"

20,500 Jacobs (F L) Co....
2,300 Jeannette Glass Co...

-.1
*

Sale"
1296

UH
Sale

9

X
5

IX

X
Sale

2

3X
3X
3X Sale
26
27 X
4X Sale
X*
X
15 X Sal 96
10 X Sale
X
X
5Vs
2X

Sale
3X

3%
4

3%
496

14* 15*
1194
96

Sale

6%
2%

Sale

3
16
2

5

894 Jam
X, Feb.

2

9

Jan.

6

17

1

Jan.

12
26

Feb.

21

X Feb.
3 94 Feb.

4

Feb.

4

8

394 Jan^

3

Feb.

2

17

1

9

Feb.

10

27

>

15

7

2694 Feb.

2

3 94 Feb.
25 94 Feb.

Feb.

26

Jan.

28

2

Jan.

18

4

5

3

Feb.

3

12

34 Feb.

3

594 Feb.
294 Feo.

3

7

8

10

4

Feb.

8

94 Feb.
894 Feb.
2594 Feb.

X* Feb.
1494 Feb.

X

2%

17

Jan.
Jan.

1

1

3

Jan.

6

Jan.

3

94 Feb.

3

1394

Feb.

24

94 Feb.

5

Feb.

25

5

2 94 Feo.

18

294 Feb.

9

Jan.

9>4 Jan.
27

Feb.

10
1

21

94 Jan.

5

Jan.

11

494 Jan.

13

4

28

Jan.

694 Jan.
94 Jan.
15J4 Jan.
1294 Jan.
94 Jan.

794 Jan.
394 Jan.

11
12
3
17
17

17

11
12

Jersey Central Pow 8c Lt Co—
25

50

170

220

0)4% preferred........100
6% preferred........... 100

40

190

7% preferred....

600

3,900

4,400 Jonas
12,400 Jones

150

8c

66

Naumburg Corp.2.50

8c Laughlln com....100

180 Kansas CAE 7% pref

2X

3

3296 Sale

700
150

Ken Rad Tube 8c Lamp cl a.*
800 Kingsbury Breweries com
1
Kings County Lighting
170
7% preferred series B...100

60
20

14,700
4,400
1,900

100

5% preferred series D...100
.......7

32,400 Kingston Products

12,200 Kirby Petroleum..........

3,100 Klrkland Lake

G M Ltd

400 Klein (D Emil) Co

200

"2:200

25
500
40

40 Lackawanna RR N J..

2%

694
1094
94

33

32%

34X

32

33

23

Sale

396 Sale
IX
JX
15
15%
6
6
9

9

8%

24%

2%
3:

IX
15
6

26%
Sale
3%
IX
15%
9
7

696
10%

24%

11%
7%

12
9

2494
294
494
194
1594
594
7

694

794
Sale
194

78

12%
7%

1

Sale

57

Sale

Sale

Jan.

8

70

Feb.

Feb.

15

30

Feb.

19
4

2 94 Feb.

37

8

30

Feb.

4 10894 Feb.

16

107

Jan.

1094 Feb.
94 Feb.

11

12

8

1

Sale
Sale

% Sale
16
1696

12

95

1
13

3X

Sale
X
16%

1596

5594
77

94
1294
5

1594

400

52,100
1,700 Lipton (Thos J) class A

preferred...........25

10 %
16

2,100

Lit Brothers com...........*

IX

25,200
8,600
8,600

1,700
97,400
26,400
14,500

Lone Star Gas

220

770

Sale
Sale

Locke Steel Chain Co......5
Lockheed Aircraft
1

7% preferred
100
4% preferred series B ..100

400

400

200

675

1,100
17,000
600

6%

1

1,750
2,200 Loudon Packing Co

IX

31

Jan.

25
Sale
Sale

24

Feb.

21

24

Feb.

21

24

Feb.

294 Feb. 28
2
394 Feb.
194 Fern 25

3

Feb.

15

5

Feb.

14

6

8

2494

Feb.

4

1294 Feb.

23

13

894

Sale
95

4394
5494
294
80

1694

1294
394
94
1494

com

1,000 Lynch Corp

com...

3
194 Feb.
1594 Feb. 28

15

7 94 Feb. 23
1294 Feb. 23

1094 Jan.

2 101

600 Mangel Stores Corp com
1
$5 conv preferred........*
10

For footnotes

see page

53.




.*

2294

12!Hj
23%
2%

24

13
27
Sale

2

8

1194 Feb.
794 Jan.

Feb.
Feb. 8 46
Feo. 26 5894 Feb.
3
Feb.
294 Feb.
4
Feb.
80
Feb.

15
1

8
4

80

Feb.

8

Feb.
Feb.
Feb.
Feb.

3

13

3

5

3

3

194 Feb. 23
Feb.
Feb.

94 Feb.
1694 Feb.

10

10
9
24

101

Feb.

10

13

25

1994 Feb.
1294 Feb.

4

3

14

Feb.

14

24

Sale
1494

Feb.

23

25

Feb.

15

294 Feb.

1

294

Sale

2

Feb.

28

994
894

Sale
Sale

8

Sale
Sale

994
794
794
194

Feb.
Feb.
Feb.
Feb.

3

Sale

39

37

Feb.

4

3094
194
894
94

4
Feb.
Feb. 18
Feb. 3
Feb. 25

31

Feb. 23

33

36

2%
8%

Sale
Sale

33^ 34%

5

400

20% Sale

IX
37%

*

4,200 Majestic Radio 8c Tel Corp..l

MapesCons MfgCo

6

Jan.

Feb.

3
19

8

*

3,400
10

2 94 Jan.
394 Jan.
194 Jan.

1294 Feb.
994 Feb.

1194 Feb.
894 Feb.

1

1

16
Sale

Feb.

11

1

2%

IX
3%

1

2X

.

194

1
42

3394 Sale
2
294
9

94
3394

IX

1

3%

294

Sale

94

34
Sale

394

"I§"" ~20X

19" "2094

4
2

994
994
894
194
4094
3494
294
994
94

Feb.
Feb.
Feb.
Feb.
Feb.
Feo
Feb.
Feb.
Feb.
3494 Feb.

Jan.

11

10

Jan.

7
5

694 Jan.
1194 Jan.
1

16

27
12
13

Jan.

4

3794 Jan.

18

30

Jan.

18

3
3

394 Jan.

10

Feb.

14

10

194 Jan.
1594 Jan.

24
8

25
4

20

5

Jan.

8

1294 Feb.

9

23

26 10294 Jan.
3
12 94 Feb.

13
10

4

11

43 94 Feb.

8

46

5194 Jan.
2 94 Feb.

11

5894 Feb.

1

3

Jan.

12

Feb.

4

Jan.

14

94 Jan.
1294 Feb.
394 Jan.
94 Feb.
1494 Feb.

Feb.

23

1394 Jan.

15

28

Jan.

1894
1094
2394
194

Jan.
Jan.
Jan.
Jan.

17
3

it
O

Jan.
Feb.

Feb.

17

15

10

3

% Jan.

8

3

Jan.

11

26
3
3

Jan.

25

2dH

Jan.

10

27

25

Feb.

14

Jan.

18

4

294 Jan.

12

1094 Jan.

10
12

42

15

4
894 Jan.
794 Jan. 26
3
794 Jan.
1 94 Jan. 29
3
3694 Jan.
4
3094 Feb.
194 Feb. 18
4
894 Jan.
94 Feb. 25

18

31

Feb.

23

38

4

1

Feb.

28
24
2

9
16

18
1

23

Feb.

15

3

Feb.
Feb.

11

3

Feb.

11

3

Jan.

15
26

4

45

Feb.

4

45

Feb.

4

194 Feb.

Jan.

13 10894 Feb.
27 2194 Jan.

1
45

18"" "20X

4

2394 Feb. 23

3

4394 Jan.

9

25

Feb.

18
17
5

6
21

Feb.

996 1 10%
8% Sale

_•

34,600 Louisiana Land 8c Ezpl com.l
1,100 Lucky Tiger Combination.id

450

r

25

.....

Long Island Light com

Jan.

36

15

Jan.

94 Feb.

19

18 X

Lion Oil Refining

200

6

5

94 Line Material Co..........

16,900

Jan.

10

9

5
694 Feb.
1094 Feb. 28
9
94 Feb.

Feb.

194
Sale
9

85

4

23

3

66
73

Jan.

2

10
19

Feb.

Feb.

6

18
,

8194 Feb.
294 Feb.

32

Sale

98

2%
80
X

Preferred
1,100
....»....*
•
24,300 Lehigh Coal & Nav
24,200 Leonard Oil Development
.15
2,400 Le Tourneau (R G) Inc.....!

66

Feb.

82

39

100

Lake Shore Mines Ltd

Feb. -9

72

101

11%

40 Lane Bryant 7% pref..... 100
1,200 Lefcourt Realty com.....
1

600
500

26
18

6%
11
IX

8,300 Lakey Foundry 8c Machine. 1

106,100

10

14,700
7,100
1,800

9%
X

1

Koppers Company—
225
4% preferred
100
400 Kress (S H) 8c Co spec pf._10
2,600 Kreuger Brewing Co
I

200

Sale
Sale

66

2

10

2194 Jan.
6

.10

com

200 Kobacher Stores Inc com...*

100

42,100
3,400

Knott Corn

1

common.

Klelnert(IB) Rubber

"1:366

2%
33 96

9

Feb.

8194 Feb.
234 Feb.

10794 Feb.

1,850

100

2%
Sale

100

10 Keith (GeoE) Co 7% pref. 100
1,700 Kennedy's Inc
5

rnmrnmmm

2X
32%

Sale

FeO.

70
82

.....100

1094 Jan.
994 Jan.
Jan.
Jan.

15
3
5

3494 Jan.

6

294 Jan.
994 Jan.

19

00^

Jan.

13

Jan.

10

1}
33

Jan.

12

Jan.

12
4

45

Feb.

10

NEW

46

range since jan. 1

prices in february

sales

aggregate

EXCHANGE

CURB

YORK

Price

NEW YORK
CURB EXCHANGE
^

February

Since
Jan. 1

Shares

Shares

In

Jan. 3

Par

STOCKS (.Continued)

Ask

Lowest

Ask

Ask Bid

Bid

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

Feb. 28

Feb. 1

1938
Bid

Marconi Internat Marine—

200

300 Margay OH.

2,300

6,200

Sale

20

*
v t

5,900 Massey Harris Co common..*

300

960 Master Electric Co..........1

50

150

400

1,500
10,000

10 56

99
Sale

4

......5

com

45* Feb.
15* Feb.
65* Feb.
Feb.

16

15

Feb. 24

7

3
15
4

156 Feb.

15* Jan.
656 Feb.

15

75* Feb. 28

"2,800

185*

165*

...*

18

155*

Sale

18

35*

45*
35*

35*

400

6^% A pref
Common stock pur

13,000
1,300

10

10

3,300

Part

3

25*

47

Feb.
3
25* Feb. 21

Feb.

25*
95*
955*
35*

Feb.
Fjeb.
Feb.
Feb.

Feb.

12

Feb. 24

5

165* Jan. 21

3

475* Jan.

456 Feb. 25

Feb. 28

18

175* Jan.

Feb. 28

18

Sale

15*

*

Textile Corp com

5*

Sale

5*

%>

15*

15*

Sale
15*

1

26
11

4
356 Jan.
256 Feb.
4
12
Jan.
95* Feb.
4
955* Feb.
1075* Jan.
456 Feb.
356 Jan. 10

15

Feb. 21

102

Feb.

47

47

17
7

Jan.

12

13
25

Jan.
Jan.

55
19

17

20

456 Jan

3

35* Feb.

3

35* Feb.

3

25* Feb.

3

356 Feb. 25

25* Jan.
44
Jan.
56 Jan.
56 Jan.
56 Jan.
295* Feb.

4

"456

Jan.

8

50

Jan. 20
Jan.
6
Jan.
7
Feb.
4

Sale

45

100
warr'ts.
—....1

Mesabl Iron..

Metal

3

35* Feb.

4

35*

35*

35* Sale

Merrltt Chapman Ac Scott—*

350
200

6

Jan.

75* Jan. 10
256 Jan. 26

4

,

Partic pref

"lY,800

756 Jan.
20

3
27

Jan.

14

Feb. 26

16

55

800 Merchants Ac Mfrs class A—1

200

6
3

20

65*
25*
75* Sale
155* Sale

47 *
50
525*
25*
2.
25*
25*
115* Sale
105* Sale
1005* 104
99
Sale
45* Sale
35*
45*

Sale

95

McWilliams Dredging com.

50 Memphis P & L $7 pref
700 Mercantile Stores Co

'""loo

756 Jan,
Jan,
456 Feb ,!

75*
26

65*
15*

47

•

$4 preferred w w
McCord Radiator & Mfg B.

3,500 Memphis Nat Gas

65*
21

0

600 Mead Johnson Ac Co com....*

375

2,400

5

14

May Hosiery Mills—

4,900

75*
24

15*
2,
65* Sale
155*

c—1

3,100

7*
185*
5

Marion Steam Shovel com..*

600 Mass Util Associates

300

75*

656

Communication Am dep ret

preferred

5* Feb.
15* Feb.
3
295* Feb. 10

56 Feb.
15* Feb.
29 5* Feb.

7
4
10

5*
56
15*
295*

6
>3
8
10

10

"21

Feb. 10

Metropolitan Edison Co—
$6 preferred
600 Mexico-Ohio Oil

5,000
4,700
1,200
700

2,000

.......

Co

156
5* Sale

...

19,200 Michigan Bumper Corp
1
11,200 Michigan Gas Ac Oil Corp..
1,700 Mich Steel Tube Prod....2.50
11,300 Michigan Sugar com.......*
2,300
Preferred..
10

Sale

4

55*

8e

35*

35

2%

.............

%
1
% Sale
45* Sale
7
Sale
%
5*
35*
35*
„

%

5*
15*
5* Sale
456 Sale
65*
75*
5*
%

5* Jan.
56 Jan.

18

% Jan.

20

3

5* Jan.

Jan.

3
4

556 Jan.

10
14

Feb.
56 Jan.
6
356 Jan. 21

85* Jan.

12

5* Jan.

12

5

Feb. 24

25* Feb. 16
AJan.
6

4

Jan.

5

% Jan.

8

14

10

Feb. 23

14

Jan.

26

805* Jan.
156 Jan.

11

a

4

5

5* Feb.
4

Feb.

45* Feb.

4

6

Feb.

75* Feb. 17
56 Feb. 18

6

'/• Feb.
35*. Feb.

Feb. 24

5

Middle States Petroleum—

2,700
1,000

8,900
2,700

250

550

Class A vot trust ctfs

*

Class B vot trust ctfs.....*

Sale

25* Feb.

Sale

35*

Feb.

16
3

35* Feb.
56 Feb.

2
7

Midland OH Corp—

50
800

2,600
100

600 Mining Corp of Can
950 Minnesota Mln Ac Mfg Co
*
10 Minnesota P Ac L 7% pref. 100

100

130 Miss River Power pref
..100
Missouri Pub Serv common.*

30

"""Boo
10,200

125*

2,100 Mid-West Abrasive Co
50c
5,600 Mid-West Oil Co
10
500 Midwest Piping Ac Supply Co*

650
10

"2",300

Mock Judson Voehringer2.50

20,200 Molybdenum

1

Corp

Monarch Mach Tool Co com.*

"7~, 900

22~,666

600
200
370
200

1,000

Monogram Pictures com ...1
Monroe Loan Society cl A..*
800 Montana Dakota Utilities.. 1®

575 Moody's Investors Part pref,
125 Moore Corp Ltd..
*

125

...

60
100

41,300
4,400

5,200

600

Moore (Tom)

8,366
loo
3,000
3,700
1,500
100

78
83
156 Sale
65*
75*

7h
15*

l*
7

a

Sale

v*
75*
95*

2

25

3

5

3

4

25*

75*

75*

8

10
25*
265*

85*

2

285*

16

79

15*
va
25*
295*

95* Feb. 23

Feb.
Feb.

75

65* Sale
55*
125* 15
15* Sale
15*
25*
5

5

55*

it*

Sale
19

25* Sale
25*

P

55*
13

8*
Sale

145

15* Sale
Sale
5

§1S

Sale

35

190

145

15*

15*

65* Sale
Sale

5

Sale
75* Sale

SprlngfHied Corp. *

75*

10

95*

Sale

5

45* Sale
5* Sale
95*
115*
Sale

37

10

75*
10
55* Sale
4
65?

ly>

95*

85*

40

75*
8
135* Sale
25*
25*
17
195*

65* Jan.

Fefo.

8

9

15* Feb.

Feb.

Feb. 25

265* Sale
325*
345*
140

Feb.

24

Feb.

23

21

Feb.

235* Feb.
33

10

Feb.

Feb.
Feb.

132

24

265* Feb. 28
33 5* Feb. 18

180

15*

15*

65* Sale
Sale

9

Sale

10

11

75*
5

456

4,900
8,500
4,200

400

600

9

5

Feb.

Feb.

55* Feb.

5

1185* Feb.
2
95* Feb. 24
105* Feb.
8

75* Feb.
95* Feb.

Feb.

4

55* Feb.

5* Feb.

3

1

Feb.

9

33

Feb.

9

4
75* Feb.
1
1336 Feb.
3
256 Feb.
19
Feb. 24

*9

Feb.

14

5

65*
Sale

Conv partic

preferred....*

4,300

National Sugar

—*

Refg

45* Sale
5*
*/u
15*
25*
35

Sail4
256

15*

14

14 5*

256 Sale
18

185*

515* Sale
456
56
15*

5

5*.
25*

Sale

145*

165*

75*

85*

18" Sale"

3

256 Jan. 21

5

2

Jan.

27

131

Jan.

2956 Jan.
Jan.

22

33
145

15*
356
556
456
5*

650
300
10

2,600

100

12.50
3,300 National Transit
19,300 National Tunnel Ac Mines..*
6,800 National Union Radio com._l
*
1,550 Navarro Oil Co
300 Nebel (Oscar) Co com
*
20 Nebraska Power 7% pref..100
4,600 Nehl Corp com
*
1st preferred...
...._.—*
""'666 Nelson (Herman) Corp
5
500 Neptune Meter class A
•

15* Sale
13

14

25*
5*
5*
14
Sale

33

37

39

5*

%

33

16" "165*

7

45

Feb.

356
356
56
15*
415*
1656

5
Feb.
8
Feb.
4
Feb.
Feb. 25
Feb. 25
Feb. 25

8
Jan.
3 121
Feb.
19
75* Jan. 31
3
125*
95* Feb.

115

,

3

Feb.
756 Jan.

33

280

1,000
5,050
4,700
8,400

5*

"""loo

110
250

180 N Y Pr Ac Lt $6 pref
*
980
7% preferred...........100
N Y Shipbuilding Co

6,500

Founders shares
..1
300 New York Transit
5
330 N Y Water Serv 6% pref._100

100

190

900
400

2,600

79,400 Niagara Hud Pow com.....10
2,275
5% 1st pref..
100
75
5% 2d preferred........100
Class A warrants
2,600
......

900

"6,306

15,300

see

page

53*

Sale

47

Sale

1456 Jan.
205* Jan.

525* Feb. 26
35* Feb.
3

45

Feb.
Feb.
Feb.
J an.

7
5
8
7

63

Jan. 20

2

Feb.

17

'a Feb.

1

Feb.

18

2

415* Feb. 25
18
Feb.
1

95* Feb. 25
25* Feb. 11
% Feb.
2

17

56

Sale

95*

Sale

15*

2

56

Sale
29

10
325*

29
18

9

935* Sale
97

Sale

75* Sale
45*
195*
75* Sale

35*
16

456
54

85* Sale
4

45*
Sale

15

75* Sale
72

Sale

28

8

675*

25* Sale
*63
23

15*
95*
28

85*
91
100

65*
165*
85*
745*

i3

%
15*
556 Sale

com

*

Jan.

3

1656 Feb. 25
6

656 Feb.

14

Sale

315* Sale

7$
15*

9
25*

315* Sale
856
10
2
256

10 5*
29

Feb.

4

55* Jan.
95* Jan.

6

3

% Feb.

26

4
135* Feb.
^A Feb. 17

Jan.

Feb. 2

5* Feb. 2

Feb.
Jan.

7

47

Jan.

24

6

9 111

656 Feb. 14

1

56 Jan.
15

35

14

1
l

415* Feb. 2
185* Jan. 1

110

535* Feb. 16

525* Feb.
87

Feb.

95

Feb.

1

2

Feb.

75* Feb. 24
705* Feb.
9
256 Feb. 18

54

Feb.

67

55* Feb.
635* Feb.

Jan.
Feb. 2

Jan.

12

75* Jan.

10

Jan.
Jan.
Jan.
Jan.
Jan.

10

Feb. 23

9

Feb.

16

29

Feb.

10

85* Feb.

18

91

Feb.

11

Sale

99

Feb.

95*

Sale
Sale

Fbb.

15
7
71

10
30

2

Feb.

1

Feb.
Feb.

7
15

Feb. 17
Feb.
7
Feb.
9

12

2

Jan.

856 Jan,
245* Jan.

12
3

10
30

Jan.
Jan.
Jan.

Jan. 25
Feb. 11

97

Jan.

7

Jan.

2

4

165* Feb. 16
856 Feb. 23
745* Feb. 24

15

Jan.
Jan.
Jan.
Feb.

Feb.

8

85* Feb.
4

Feb.

% Feb.
15* Feb.

56 Feb.
15* Feb.
456 Feb.

6

355* Sale

IS

3156 Feb.

16

9

Feb.

2

Feb.

16
3

8

7
71
61

Jan.
Feb.

4
5

Jan.

Feb. 21

456 Jan.

3
19
27
27

19

20

Feb.

256 Feb.

Jan.

16
4

Jan.

85* Jan.
66

Jan.

4

12

95* Jan. 24
45* Jan.
6

3
8

9

31

14
5

12

79

15
28
22

12
26

Jan.

15

2

Feb. 24

10

6

14
15
5
11

9456 Jan.

3 101

95* Feb. 14

37

Jan.

Jan.

91

9

935* Feb.

4 100

Feb. 26

7a

it*

525* Feb.
9 62
87
Feb.
3 102
45* Jan. 29 10
60
Jan.
4 72]
15* Jan.
4
2]
54
Feb.
4 72
2

Sale

156
656

§*

1

A Feb.

45* Jan.
75* Feb.
15* Jan.

Jan.

55* Sale

1

1

Feb. 24

29
2

5*

1

Jan.

556 Jan.

5* Feb. 24
Feb.
9

656 Feb.

1

45* Jan.

5

385* Feb.

9 110
3
47

615* Sale

ia

35

1
li

6 5*
56

Sale

55*

Feb.

356
356
56
156

Jan.

3

%

7
66

856
9

56

925* Sale

23

245* Sale

9

15

55*

6

Sale

95
68

"15* "15*

45*

Feb.

J
Jan.
;
Feb. 1-

25
4

5

li
2:
li

115* Jan.

31

4
4

z9

Jan.
256 Jan.
Jan.

4

% Feb. 26

37

7

18

156 Feb.

135* Feb.

26
9

13

256 Feb. 26
19

100

7,000 Niplsslng Mines............5

For footnotes




Class A preferred
Nlles-Bement-Pond

300 Nineteen Hundred Corp B_

300

3,300

Class B warrants

7,100 Niagara Share Corp class B 5
100

55*
55

*

N Y Auction Co common

1,800 NYC Omnibus warrants
1,000 N Y At Hond Rosarto M
10
1,100 N Y Merchandise Co com.. 10

29,000
1,175

456
515*

*

700
350
500

400

55*

615*
98
Sale
75*
10

45*

New Process Co common

6
75*
56

6

585*

2,600 New Haven Clock Co com—*
25
11,600 New Jersey Zinc
7.000 New Mexico 8c Aria Land
1
16,300 Newmont Mining Corp....10

415*

45*

5

...

15

7
1

Feb. 24

145* Feb. 25

7

Jan.
4
Jan. 24
Jan. 12
Jan* 12

Jan.
Jan.
Jan.

7

1

75* Feb.

A Feb.

New England Pow Assn com.*
600
6% preferred
100
500 New Engl Tel Ac Tel Co... 100

New Bradford OH

95* Sale
25* Sale
5* Sale

110

Nestle Le Mur Co class A...*

250

9

8
2

Jan.

65* Jan. 10
20 140
Jan.
6
6
Feb. 24
31
3
265* Feb. 28

Feb. 23 335* Feb. 18
3 145
Jan.
3
Jan.
3
2
Jan. 10
Jan.
3
3
356 Feb.
Feb.
4
956 Jan. 13
Jan.
5
5
5x Feb.
Jan.

Feb. 23

225 National Tea Co 55* % pref. 10

1.700
5,500
3,500

4

0

10

305*
35
85* Sale

25

..1

National Service Co

515* Sale

*

...

common

Nat Rubber Mach com......*

450 National Steel Car Ltd.....*

100

3,100

S6 preferred

700 National Refining

400

3,100
1,200

17

8

656 Feb. 25

15* Jan.
156 Feb.

Nat Power Ac Light—

3,250

Jan.

4

10
Sale

4

15* Feb. 10
35* Feb.
3
75* Feb. 23

15* Feb.
35* Feb.
55* Feb.

115

556

56
33

2

Feb. 25

Feb.
Feb.

75

156 Feb.
55* Feb. 21

Sale

118

9
11

Jan.

245* Feb.
75
Feb.
104
Jan.

2 105

45* Feb.

*115* Feb. 16
256 Feb.
3
28
FeJ. 25
75
Feb.
O
107
Jan. 27

85* Jan.
2

7

Feb. 21

8

Jan.

7

656 Feb. 25

9

75* Feb.

30

Sale
33
Sale

22
30

Jan.

4

135* Feb.
73
Jan.
156 Jan.

19

25*

Sale

132

Feb. 23

10

Feb.
2
135* Feb. 10 14
1
75
Feb.
755* Feb.
9
9
15$ Feb.
15* Feb.
9
1
8
Feb. 21
7
Feb.
3115* Feb. 16 *115* Feb. 16
3
25* Feb.
256 Feb.
3
8
28
Feb. 25
245* Feb.
105

75*
95*

1,600 National City Ltnes com
1
200
S3 conv preferred
50
6,900 National Container (Del)
1
8,700 National Fuel Gas
*
2,700 Nat Manufacture Ac Stores..*
1,500 National Oil Products......4

Sale

75

125*
755*

10
2

4,300 Murray Ohio Mfg Co......
1,800 Muskegon Piston Ring..2.50

Nat Automative Fibres com.*
300 National Baking Co com—1
18,500 Nat Bellas Hess com
....1

15

27

Mountain Producers Corp. 14
300 {Mountain States Pow com.*
240 Mountain Sts Tel Ac Tel..100

7,600

95*

55*

4

135*

26

8,200

Nachman

4,500

100

7% A pref

Distillery Co..l
100 Mtge Bank of Col Am Shs..
144,900 Mountain City Copper Co..5c

90

2,200

135*

960 Montgomery Ward At Co A..*
850 Montreal Lt Ht Ac Pow com.,

125

T.866

45*

4

$2 conv pref
—...*
Midland Steel Product—
410
|2 non-cum dlv shares
*
350 MidvaleCo
...—*

210

5

10

Jan.
Jan.

10
13

'a Jan.
15* Feb.

4

65* Jan.
Jan.
89]
Jan.
38]

9]

Feb.

2;

Feb.

5

March, 1938]
AGGREGATE
In

new

February
Shares

4,100
3,400
1,550
900

300
200

900

3,800
12,400

90

200

'

425

.

1,300

190
10

pref

100

100

175

4,900

6% preferred
.......100
15,100 Oldetyme Distillers.........I

500

1,100 Overseas Securities Co—...»

400

600 Pacific Can Co common....*

2,100

Pacific G 4c B 6% 1st pref..25
200
5%% 1st preferred
25
475 Pacific Ltd Corp 96 pref
*
80 PacificP 4c L 7% pref
100

5.700

mm...-

25
20

2,000
•

mm'...

3,600 Pacific Public Service......*
1st preferred....
100
....*
2,900 Pacific Tin special stock....*
5
16,600 Pan Amer Airways com

.

1,800

7,700
171,400

295,500 Pantepec Oil of Venezuela.. 1
200 Paramount Motors Corp

mmm...

50

1

9.300 Parkersburg Rig 4c Reel Co.l

400

1,050 Pender (D) Grocery cl A
Class B
1,300

*

400 Peninsula Telep Co com

700

%
3%

4%
*

%

20

7%

Vl",

16,706
300
100
825

•

1

common

...1
300 Pennroad Cor p com vtc
*
300 Pa Gao 4c Blec class A
240 Pa Pow 4c Lt 96 pref........*

1,626

375

..50

*
1,500 Pa Water 4c Power..
......104
2,800 Pepperell Mfg Co

900

Perfect Circle com.........*

1
5,300 Pharis Tire 4c Rubber Co
*
1,000 Philadelphia Co com
50 Phila Elec 95 dlv preferred.
225 Phila El Pow 8% pref
25
*
5,300 Phillips Packing Co

1,100
200

25
225
400

21,900

5,500

7%
9% Sale

11% Sale
20

32

23

92

109

9*
Sale
a

11
11

12%
23

94%

Sale

108

109

Sale

87%
2% Sale
3
3%

3

6

28 % Sale
25%
26%
193% Sale

4%
17

5
18

9%
9

25
2

3

6

30

27%

5

16%

Sale"

5% Sale
4%
5%

26 H

10

4

8
28

11%
%
12%
23%

21

32

3

58

Feb.

19

Feb.

3

68

Feb.

24

6

Feb.

3

Feb.
Feb.

25

Feb.
Feb.

15

11

Jan.

26

14

21% Jan.

28

Feb.

15

Feb.
Feb.
Feb.
Feb.

91%

92
92%
108% 106
110%
99%

9

1

31
91

Jan.

Feb.

11

106

Feb.

Feo.

26

110%
94%
2:88%
9%

Jan.
Jan.
Jan.
Jan.

8

Jan.

94% Feb.

17 108
3 112

Feb.
Feb. 23

11
Sale
29

99% Feb. 23

7
Sale

28%

3

10

7

31

21% Jan

90

90

Feb.
Feb.

17

3%

3

Feb.

3

7
29%

6

Feb.
29% Feb.

2

Sale

6%
29%,
27%

5%
16%
Sale

9% Feb. 23

Feb.

3

23

Feb. 23
Feb. 23
Feb; 17
2% Feb.
2
3% Feb. 21

6% Feb. 25
30% Feb.
3

28

5% Sale
17
17%
29%
30%
15%
16%
6% Sale
3%
4

17%

16

21

23

Sale

3%

4%

3%
110

1%
3%
2% Sale
8%
10%

26%
5%

17%

Sale

22% Sale
3% Sale

Sale

53
Feb.
4% Feb.

5 103% Feb.
53
Feb.
11

26
11

4

"3

31" ""Feb". "25

14% Feb.
5% Feb.

4

16% Feb. 18
7% Feb. 23

3

Feb.
14% Feb.

Feb. 14
17% Feb. 23

21% Feb. 24
3% Feb. 28

24
23

14

2

8

4

11

Feb.
Feb.

2

2%

4%
Sale

2% Feb.

1

7

133
68

145
72

140

144

65

144

68%
68% Sale

65

68% Sale
26

26

Sale

25

31

3%
4
6% Sale

29

68

Feb.

14
16

85

16

Feb.
131
Feb.
66
Feb.
60% Feb.

4

3%

4

6

7%

6

7%

1

2%
5%

15

Sale

3
6

Sale

%
3

5%

56

3%
Sale

19%
16%

1%
Sale

5%

200

10,700
2,900
3,200

7
8%
83% Sale
IK
1%
7%
8%
2%

Pleasant Valley Wine Co....l

Plough, Inc
Polaris Mining Co....
Potrero Sugar com

20%
Sale

3% Sale
6% Sale

1,000
19,800

Pratt & Lambert

400

700
825

1,300
1,050

58%
6%
80

8%
59%
8
Sale

2,080

1,160

1,640

10
40

14%

22

20%
2%

22

21%

15%

2V*

18%

Sale'

"f

Sale

6%

8

1%
8%

3% Sale
1
Sale

95

J.,

5%
83

6
98

6% 1st preferred.......100
7% 1st preferred.......100
Public Serv of Ind pr

pref..*

96 preferred.....

....*

Public Service of Nor III

*

Com 960 par
stock.....60
Public Service of Oklahoma—

10

~6~~ Sale"
97

2

16

J%

2

16

6%

87

94

32

Sale

20

Sale

675
825
200

6% prior lien pref
...100
7% prior lien pref......100
20
JPublic Util Securities—
97 part preferred..
100
765 Puget Sound P 4c L 96 pf
95 preferred
..*
1,800
1,000 Puget Sound Pulp 8c Tlmb.

700

1,000 Pyrene Mfg..

103%
24% Sale
12% Sale
73%

Sale

73%

Sale"

70%
70%

70

120
.

10

440 Quaker Oats com.,
6% preferred....
200
100 Quebec Power Co.

300

12

6%
6%

7%
Sale

138% Sale
15%

17%

6%

7

7%

92

100

93

6%
6%
97

98

4

7
115

Feb.

%

4

100

3.100

100 Reeves (Daniel) com.......-*
12,300 Relter Foster Oil Corp

600

13%
32%

1,100 Reliance El 4c Eng Co......5

500

1
600 Reybarn Co.. Inc
13,700 Reynolds Invest com .......1

3,500
4,700

com

7%
7

3,600

For footnotes see page 53.




Feb.

19

15
23

11
13

21
11
6

17
14

15
14
13
7

25
6

23
7
24

14
10
15
7
13

1

4% Jan.
7% Jan.

20

Feb.

25

16% Feb. 28

0x4

112% Feb
31

Feb.

3% Jan.
2% Jan.
17% Jan.
11% Jan.

1
2

3% Feb. 25
6% Feb. 28

23

38

3

9

8
8
21
10
21
13

7

84

79
1%
7%
2%
%

Feb.

8

6%
6%

4% Feb. 23
14% Feb. 24
18

14

95

95

Feb.

18

3%

21% Feb.
3
2% Feb. 16

19%
1%

16

16

16
21
14
14

Feb.
3
Feb. 28

6% Feb.
7

Feb.
Feb.
Feb.

6

97

l»

3

5
3
21

56

1

27

28

58% Feb. 21
7% Feb. 24
2

31% Feb.

5% Jan.
38

Feb.

Feb.

3
27

Jan.
2% Jan.

Feb. 23
Feb. 24

1% Feb. 23
8% Feb.
7
3% Feb. 28

11 115

Feb.
Jan.
Jan.
Feb.
Feb.
Feb.
Jan.
Feb.
Jan.
Feb.
Jan.
Feb.
Jan.
Jan.
Feb.
Jan.

%
5% Jan.

23
31
29
16

1%
8%

19

1%

3
26
18
28
6
3
7
27

6% Feb. 14
5% Feb. 14

21

Feb.

25

Feb.

26

22

Feb.

28

11% Jan.

Feb.

18

78

<13

16

91% Feb.

Feb.

,p

38

23

95

P
si
6%

98

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Jan.
Jan;
Feb.
Feb.
Jan.
Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

99% Feb. 21 99% Feb
Feb
103% Jan. 29 106
Jan.

28
18

32
19

Feb
Feb

18

78

Feb. 18
Jan. 27

78
89

Feb. 18
Jan. 27

% Feb.

19

3

29

7

Feb.

23

7

Feb.

2

6

Feb.

99

Feb.

18

140

Feb.

15

94
137

Feb.
Feb.

Feb.
Feb.

7

15% Feb.

14

Feb.

„

29

5

Sale
Sale

3%

5

2%
1

3
Sale

5% Sale
1%
2%

Sale

Sale

9% Feb. 10
% Feb. 15

% Feb.
% Feb.

36

2%

15% FeD. 14

Feb.
Feb.

2

3% Feb.

% Feb.
% Feb.
3
17
26

7

23% Feb. 10
4

Feb.

% Feb.
9% Feb.

14
2

16
29

Feb.
Feb.

Feb.

14

2% Feb.
% Feb.

8
2

4% Feb.
1% Feb.

5

Feb.
1
Feb. 17
Feb.
8
Feb. 14
Feb. 17
Feb.
1

% Feb.

1

Feb.

3

9

7

Jan.

Feb. 25
12
21

7% Jan.

16

7

Jan.

7 100% Jai
Fe
7 140

26

15% Fe
10

% Feb. 15
% Feb.
7
% Jan. 28

3

17
2% Feb. 17
5% Feb. 23
27% Feb. 26
4

9

17% Feb. 26
34

18

15% Feb. 14

1

14

% Feb. 19

% Feb. 16
Jan.

26

27

%

V*

Feb.
Feb.
reo

26

Feb. 26
Feb.

12

10% Feb.

10» Sale*

% Sale

30% Jan.
Jan.
Jan.
58
Jan.
Jan.
Jan.
31
Feb.
Jan.
Feb.
Jan.
1
Jan.
19
Jan.
23
Jan.
24% Jan.
4
Jan.
26
Jan.
110
Feb.

7

27% Jan.
6% Jan.

15

Sale

1

1

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

12

24% Sale
3%
5

Rio Grande Valley Gas Co—

Voting trust ctfs

8

15

6% Feb. 25

4

25

"y '1
2

Rice Stix Dry Goods Co

Richmond Radiator

Feb.

31% Feb. 10
3% Feb.
3
3% Feb. 23

% Feb. 15
Sale

25

Jan.

2% Jan.
3% Jan.

16

14
16

Feb.

94

1,200 Raytheon Mfg, com......50c
•
9,000 Red Bank Oil Co
3,400 Reed Roller Bit Co new....

92

Feb.

66

Feb.

17% Feb. 26

137

11%
...

24

Feb.

Feb.

34

102

1,000
4,500
1.400

pref

34% Jan.

60% Feb.

7
85

131

% Feb. 16
Feb.
3
Feb.
7
Feb. 23
6
Feb. 16

138% 145
139
140
16%
17
17% 15%

*

conv

1
26

77% Feb. 16

72% Feb.

99% Feb. 21
99%
103% Feb.
1 106
32
22% Feb.
5
12
20
Feb.
4

9

Common

3
14
12

2% Jan.
8% Feb.
82
Jan.
90% Jan.
149% Jan.
72% Jan.
77
Jan.

Feb.

7

27

13

...

100

6

28

1,300 Rainbow Luminous Prod A_*
Class B common
1,900
Raymond Concrete Pile—

3,350

4% Jan.

5

17% Jan.
7
24% Jan. 25
4
14% Feb.
5% Jan. 29
4
Jan.
7
14% Jan. 26
14% Feb.
9
21
Jan. 28
21% Feb. 24
3% Feb. 28

89

425 Railway 4c Light Securities.*
100 Rys 4c Util Invest cl A com__l

2,200

%
5%
6%
5%
91%

78

95
100

100

27

2% Jan.

Jan.
Jan.
Feb.
14% Jan.
1
Jan.
13% Jan.
24% Jan.

•

.....

...

Feb.
Feb.
Feb.
Feb.

14

Jan.
Jan.

Jan.
Feb.

66
77

17
5
10

70

10

100

79

13%

1%

Public Service of Colorado—

10
30
980

6%
56%
6%

19%

.......

15,100 Producers Corp............I
2,600 Prosperity Co B common...*
1,425 Providence Gas Co.........*
3,000 Prudential Investors com..
96 preferred
.....*
1,950

3,300

8

>3

Premier Gold Mining
1
800 Pressed Metals of Amer.....*

8,400

28% Jan.

68

16

2% Feb.
5% Feb.

14%

com.

28
3

1

1%
8%
2%
%
3%
14%

.......ft

Powdrell 4c Alexander

Jan.

110

1%

13

25c

125 Power Corp of Can com.....*
First preferred
......100
10

100
10
200

60

6

Feb.

3% Feb.
2% Feb.
18
Feb.
13% Feb.

38
Sale

6

26

4 144

3% Feb.
6% Feb.
112% Feb.
31

17% Sale
11
12%

2%
8%
81%
87%

17

Jan.

21

Feb.
Feb.

4

Jan.

102
51

%Jan.

48

28

3%

3%
4
2% Sale
18% Sale

3% Feb.

1 110

77% Feb.

6

Feb.

Jan.
1% Jan.
4
Jan.

7
94% Feb.
l
17 109% Jan. 10
5 112
Feb, 26
7
99% Jan. 29
12
91% Jan. 27
5
9% Jan. 11
3
10% Jan. 24
31
3
Feb. 23

2

5% Feb. 28

26% "Feb".

18

3

27% Jan.

110

1%
5
2% Sale

Feb.

Jan.

43

6

Jan.

24% Feb.
90
2

92

2%
3%

2%
3%

9% Feb. 23
8

5% Feb.
9% Jan.
% Jan.

23

23

16%
19

Pitts 4c Lake Brie RR......50

14.300
2,000
2,000
14,400
8,400
8,800

600

\\ 1.700

62% Feb.
72

21

24

12
5
12
13

23% Feb. 23

_

7

Sale

37% Jan,

Jan.
7
3% Feb. 26
% Jan.
"

19

21

9%
9%
28%

Feb.
9
Jan. 28
Feb. 11
Jan. 28

24

10

4% Jan.
1% Jan.

27

Jan.

Feb.
Feb.

14

700 Pitts Metallurgical Co.....10
Pittsburgh Plate Glass com 25

300

500

1

Feb.

89

15% Sale
5% Sale
3%
4

7

1.290

6,200

2.100

3
5

Feb.

11% Feb.

13%

107

3% Jan. 27
1%
35
16
18

5% Feb.

102% Feb.

28

18

9%
Sale

88

50 Pitts Bessemer 4c L E RR...50
*
7,400 Pittsburgh Forglngs Co

470

3,500

1

% Feb.
3% Feb.

12

58

■

3,200

V

% Feb.
3
3% Feb. 26
% Feb.
1
68

Sale

10
8%
8% Sale
21 %
70

1

6.300 Pitney Bowes Postage Meter*

50

vy

3

Feb.

Feb.
1
Feb.
1
Feb. 23
Feb. 23

43

31

21%

111%

1

200 Pines Wlnterfront Co
30,600 Pioneer Gold Mines Ltd

14,500
3.000

400

11

4%
1%
35%
23%
23%

aiD a &
61% Sale
71% Sale
5%
6%
11% Sale

Sale

90

108

Phoenix Securities common. 1

Conv preferred A
10
1,000
8,700 Pierce Governor Co com....*

550

3,500
"mm....

500

Feb.
Feb.

17

18

1%
3%

..._._*

97preferred

950 Pennsylvania Salt Mfg

1,275

100

15
9

% Feb.

6

6

preferred..........100

Penn Mex Fuel

100

Feb.

45

*

100
20

'

3%
%

48£

Feb.

40 Patchogue Plymouth Mills..*

mm...

...

40^

22%

11

1

40

10

200 Parker Pen Co

6,300

Highest
Sale Prices

100

6% 1st pref

1,000 Oilstoclcs Ltd common......ft
13,700 Oklahoma Nat Gas com....15
S3 preferred.............50
2,900

100

Lowest
Sale Prices

3% Feb.

20

110 Ohio Pub Serv 7% 1st pref 100

3,900
1,100

Highest
Sale Prices

Sale
Sale

"21% "23%

Sale

Sale

260 Ohio Power 6% preferred. 100

30

•

20

20 %

...

Ohio Oil 6%

Lowest

35

'~-~b

900 Ohio Brass class B__
350 Ohio Edison $6 preferred...*

175

300

1

Sale Prices

Ask

3%
1%

3% Sale
1% Sale

North European Oil com.. ...l

.10
1,300 Northern Pipe Line
12,100 Nor States Power com A., 100
1,000 t Northern Tex K1 6% pref. .100
1,200 Northwest Engineering...
2,500 Novadel Agene Corp......

Feb. 28
Bid

Ask

Bid

280 Norlnd PubSert% pref.. 100
100
7% preferred

400

y

150

com...

North Cent Texas OH

350

:

1,300
2,100

r

Par

preferred.....

400 Nor Amer Util Sec

5,600

Feb. 1

1938

6% prior

RANGE SINCE JAN.

Price

(Continued)

STOCKS

50

47

Jan. 3

7,100 Noma Blac Corp com
...1
11,500 Nor Amer Lt 4c Pow com.. ...1
3.8o0
$6 preferred
4,100 North Amer Rayon cl A.. II*
'""a
9,300
Clara B common........

mm..--

exchange

PRICES IN FEBRUARY
new tore
curb exchange

Shares

1,100

curb

SALES
Since
Jan. 1

130

yoek

Jai

% Fe
% Jai

10% Feb.

16

29

29

2

3
Feb. 17
Feb. 26

3% Jan. 28
23% Feb. 10
4

Feb.

4

% Jan.
9% Feb.

Feb.

Feb.
2% Feb.
5% Jan.
28% Jan.
4
Feb.

4

2% Jan. 14
4
% Jan.
9
4% Feb.
5
1% Feb.

% Jan.

3

1

113
21
1\
53
23

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

% Jan.

NEW

48
AQQREQATE

RANGE SINCE JAN.

PRICES IN FEBRUARY

SALES
NEW YORK

CURB EXCHANGE

Since

Jan. 3

Shares
STOCKS (Continued)
Par
250 Rochester G & E 6% pref-100

common..5
Inc........8
I
preferred.....20

Rome Cable Corp
Roosevelt

?

Field

Root Petroleum Co com

700

c\X
9

IX
3X

54

40
5 34

42 34
7

700 Safety Car Heating k Ltd
*
3,800 St Anthony Gold Mining—1
St Lawrence Corp Ltd......*
A $2 cony pref
......50
5
57,000 St Regis Paper Co......
7% preferred
100
1,350
2,600 Samson United Corp com—1
5
2,000 Savoy OH Co......
.....*
1,500 Schlff Co com
25
2,200 Scovllle Mfg Co
20 Scranton Elec <6 pref..
*
40 Scranton Lace Co common. *

82

7X Sale
34

IX

Sale

3X
IX Sale

3X
IX

10
3

18
Sale

'"234 "2X
IX
1234
23 X

25

IX
13
25

" "35"

5

...

36

3%
Sale

&*
S?K Sale
3%
m 2X

ox
8X
37%

Sale
A
6

3% Sale

650

Allotment certificates.....

400

Selfrldge Prov Stores, Ltd—
American dep rets
£1
Sentry Safety Control
1
Serrick Corp class B com

1

Seton Leather com

1

36

27,700

5

Shattuck Denn Mining

400 Shawlnlgan Water & Power.*
13,600 Sherwin-Williams Co com..25
290
5% cum pref A A A
100
Sherwin-Williams of Can..

IX
45

"2X "2%

40
IX Sale
3X
334

"T"

Sale

8

6X

51

59

52

58

56 X
57 X

7X

3*

5

Sale^

A Sale
5X
4X
iX
IX Sale

OX
% Sale

Ay*

40
IX Sale
3X
3X

35

7
60 34

6034

Sale

AA
62
62

A
534
0%

„

19 X

83

88

Sale

8

38

Feb.

3

4

4

Jan.

11

154 Feb.

1

Feb.

5

154 Jan.

13

7834 Feb.

18

Feb.
Feb.

3
1

3

3 34
5954
254
2 34
1234
26

Feb. 24
Feb. 15
Feb. 15
Feb. 28

IX
834

Sale
Sale
22

20
Sale

Sale

87

3

Feb.

Feb.

5X

7,800 Simmons H'ware & Paint Co *
2,400 Simplicity Pattern Co
—1
540 Singer Mfg Co.
100
Singer Mfg Ltd
... Am dep rets ord reg shs_. £1
1,800
25 Sioux City G & E 7% pref. 100
Skinner Organ Co..
*

1
1
.......1
com
1

IX
5
224

IX
in
3X
~X

6
Sale

5X

5

Feb.
134 J an« 10
1034 Feb. 15
24X Feb. 28

25
1,500 Sou Calif Edison pref B
534% pref class C
25
1,700
500
5% original pref
25
1,400 Southern Colo Pow cl A..25
80 South New Engl Telep Co. 100
1,400 Southern Pipe Line..—..10
2,500 Southern Union Gas com...*
5
8,400 Southland Royalty Co
......25
5,100 South Penn OH
50
250 So West Pa Pine Lines

100

IX Sale
5X
6X
2X
3

2634

200

4X

24

24 X

Sale

2

2
6

434

4

ox

534

454

3
IX
Sale
3X

3

Sale

134
554
334

Sale
554
354

2654

IX
5X
3X

26X

IX
3X
148
4X
4
IX
2
6X Sale
37X 38
21X 25

140

Spanish Ac General Corp Ltd
Am dep rets ord reg shs..£l
Am dep rets ord bear—1£

2734

*
Stahl-Meyer Inc com—....*

Sale

25

24J4

25

Feb.

26

25

1634 Jan.

26

11
18

Jan.
Feb.

26
12

Feb.
554 Feb.

21

18

Jan.

18

5

Jan.

31

7

Jan.

12

A Feb.

%Feb.

28

4

IX Feb.

1

134 Feb.

1

34. Feb.
134 Feb.

134 Jan.
134 Jan.

5
28

"I ""134 Feb.

16

1

Feb.

3

Feb.
Feb.

X
6X
56X
5734

Feb.
Feb.
Feb.
Feb.

154 Feb.
X Feb.

17

1

2

Jan.

"3
3

8

734 Feb. 23
60
Feb. 23

19

60

3

6034 Feb. 24

5634 Jan.

28

6034 Feb. 24

10

154 Feb.
34 Jan.

10

3

10
21

354 Feb.
1534 Feb1
Feb.

154 Feb.
A Feb.

1

18

15

11
1

1

434 Jan.
154 Jan.
654 Jan.

11
534
1
2J4
4
9
Feb.
1954
Feb. 15
Feb. 23 8954
2 10834
Feb.

Feb.
Feb.

Feb.

734
19J4
8534
10734

1

234 Jan.
Feb.
X Feb.
654 Jan.
55
Jan.

3

18
8

15

Feb.

3

234 Feb.

7

4 34

8

4

Feb. 24

224

434 Feb.
IX Feb.

Feb.

1
28

5
14
3

"l34"JanT"I6
434 Jan.
17

11

10
19

Feb.

23

154 Feb.
A Jan.

10
17

5 34 Feb.

24
12
11

254 Jan.
34 Jan.

3

10

15

20

5

t.

21

Jan.

134 Jan.
854 Jan.

90

Jan.

12
25

Jan.

27 110

Jan.

21

34 Jan.
554 Jan.

34 Jan.
Feb.

7

7

234 Jan.
554 Jan.

13
14

19 34 Feb.
81
Jan.

Feb.
Feb.
Feb.

107

w..*
1,450
12,800 Standard Oil (Kentucky)..10
800 Standard Oil (Nebraska)...25
5,910 Standard Oil (Ohio) com..25
125
5% pref
100
32,300 Standard Power Ac Lt com..l
Class B common
*
3,400
1
7,900 Standard Products Co
...

1
10,200 Standard Silver Lead
700 Standard Steel Spring Co..5
1
800 Standard Tube class B

7

154 Feb.

24

4

Feb.

9

Feb.

2 240

5

Feb.

15

2% Feb.
134 Feb.

9

3

4

Feb.

3

35i Feb.

2

A

Sale
234

a

134
34

„

reg IT*

17

2034

21

18

A
Sale

A
4

234

Sale

Sale

2134

234 Sale

0%
17

12M
Sale

834
19 X
9954
IX
IX
5X
X

9X
21
101 X
Sale
Sale
Sale
Sale
7X Sale
2
2%

14

10

5

2734 Feb. 21

534 Feb.

1734

Sale

134

734
Sale
9834
Sale

1

Sale

634
1954
96

2754 Feb.
2534 Feb.

28
15

Feb.

21

Feb.

16 14034

Jan.

7X Sale
X Sale
7X
834
2% Sale

18

4

134
1

3

Sale
134
7
954
3X

3

14

2734 Jan. 21
245-4 Jan. 28
3534 Feb. 15

12

134 Jan.
654 Jan.
334 Jan.

2754 Feb.

15

20

Feb.

21

16 14034 Feb.

4

21

Feb.

4

140

Feb.
Jan.
Jan.

28

Jan.

14

Hit

25

Jan.
Feb.

26

3

2

554 Jan. 20
254 Feb. 14
Jan.

24

A Feb.

20

Feb.

23

134 Jan.
34 Jan.

17

34 Jan.
454 Jan.
134 Jan.

13

54 Jan.

4

18

22

18

Jan.

22

22

254
11X
13 54
1754

Feb. 21
Feb. 17
Feb. 18
Feb. 21

234 Feb.
1134 Feb.

734 Feb. 17
634 Feb. 21
3 a;2134 Feb. 25
1934 Feb.
2
98
Feb. 25
9834 Feb.
3
1
Feb.
154 Feb. 21
1
1
1
Feb.
X Feb.
1
754 Feb.
634 Feb. 14
1
7
34 Feb.
A Feb.

634 Feb.

19

Feb.

234 Feb. 28
1134 Feb. 17

26
20
11

17
5

26
Feb. 25
Jan.

254 Feb. 21
Jan.

12

11

Jan.

1434 Jan.

14

17

Jan.

18

14

Jan.

10

734 Jan.

26

19

Jan.

22

98

Feb.

9954 Jan.

10
5

154 Jan.

14

134 Jan.
834 Jan.

3
17

Jan.

Jan.

J*

254 Feb.

2X Feb.

8

3854 Feb. 25
2234 Jan. 31

34 Feb.
34 .lan.
4

11

Jan.

Feb.

21

4
11
28

Feb.

2

434
234
634
3734

1|5

"3" ""Feb*. "26

Jan.

1734 Sale

654

Feb.

254 Jan.

5

12

5 34 Jan.
88
Jan.

16

16

OX

15

3

Jan.

Feb. 21
Feb. 25

Feb.

98

19

21

34 Feb. 28

34 Feb. 28
1634 Feb. 17

3 243

Feb.

2

23

Feb.

9

Jan. '16
4
134 Feb.

454 Feb. *"i

4

Jan.

5

"~234

A Feb. 26

17

2154

9

34 Feb. 24

Feb.

21

654

15

3

1

Feb. 28
4
Feb.

Feb.

95

11

2 54 Feb. 14
6 34 Feb. 14
3854 Feb. 25
3
21
Feb.

Feb.

11

21

Jan.

454 Jan.

10

Feb. 36

Feb.

25

Sale

11

154 Jan.
Feb.

134 Feb. 18
534 Feb. 18
334 Feb. 24

Feb.

88

A

34

K

<1.60 cony pref new.....20
Stand Invest <534 pref w

6

154
2 54
134
IX
140
150
14534 135
434
454
4X
4%
234
254
254
234 Sale
634
634 Sale
654 Sale
38
Sale
3834
3854 3734
21
21
23 X
2034
2354

1

Common

12

18 113 ;

2

142

Standard Dredging Corp—

250

Jan.

15

2934 Jan.

Jan.

4

2

**
34
4X
134

*
1,700 Standard Brewing Co
2,100 Standard Cap & Seal com—1
Conv preferred..........10
2,900
200

13
13
13
27

Feb.
Feb.

5

3534 Feb.

2,600 Spencer Shoe Corp
•

Jan.
Jan.
Jan.
Jan.

113

232

"2X

Solar Mfg Co.........

OX

634

5X

IX

5X

Corp cony pref

600

3

*

Shreveport Eldorado
Pipe Line stamped......25
*
2,000 SUex Co (The) common
Simmons-Boardman Pub

12,900 Sonotone Corp
1,500 Soss Mfg Co
6,000 South Coast Corp

11

434
6354
334
234

1
24

2 34

500

"2",300

3

Jan.

49

Feb.
Feb.
Feb.
Feb.
Feb.

Jan.

A Jan.

92

Feb. 18
34 Jan. 20

75

28

A Feb.

25"" ~Feb.~26 '25 "Feb.

4

IX
6X Sale
1934 20X
Sale

7%
Sale
60
,

11

27

Sale

"i~

Sale

1

15

934 Jan.

334 Jan.

2
Sale
Sale

IX
11X

1

Sale

11

Jan.

Feb.

234
IX
10X
24X

534

%
I X
35

Jan.

6

354 Feb.

38

15

15

IX Sale
2X Sale

*

23,200 Seversky Aircraft Corp...

"2~, 166

Sale

49

7 34 Feb.
36
Jan.

11

49

28

3

26
4

18

12

Feb.

Feb.

534 Jan.

39

534 Feb.
834 Feb.

25

"20"~ "32"

Sale

IX

Jan.

234 Feb. 13
8
Feb. 23
A Jan. 13

Feb

46

4
5
7

Jan.

1

Feb.
3
Jan. 21
Jan. 10
Feb. 23
3 34 Jan. 15
Jan. 22
9!

9634
1334
734
154

10

Jan.

23
1

Feb.
34 Feb.

75

17
1

13

854 Feb. 10
A Feb. 28

X Feb.
2
Feb.
3
534 Feb. 15
4
734 Feb.
36
Feb. 21
3X Feb.
9
1
Feb.
5
39

24 X

1334
Sale

734

654

Feb.

154 Feb.
354 Feb.

23

Scranfon-Sprlng Brook
400
Water Serv $6 pref
*
4,000 Scullin Steel Co common...*
Warrants
9,900
200 Securities Corp Gen'l com..*
Seeman Bros common
*
31",500 Segal Lock & Hardware com 1
7,500 Selberllng Rubber com.....*
650 Selby Shoe Co com
*
..1
13,700 Selected Industries...
Convertible stock........5
1,700
<5.50 prior stock
25
1,200

13

13

Feb.

Sale

78X
X
4X

X

4H

Feb.

IX

3X
1

Sale

% Sale
334
454

3

6

8

Sale

834

40

36

38

3

£9554 Feb.

3

13

3

2X Feb.

Sale
45

OX

5X

9634 Feb.

10

2

10

8X
X

Sale

8

Highest
Sale Prices

3X

IX
3

11

"A
41

Lowest
Sale Prices

8X

Sale

9X

'A

2,550 Royal Typewriter com
*
2.50
2,200 Russeks Fifth Are Inc
12,900 Rustless Iron & Steel Corp.. 1
350
<2.50 conv pref
*
7,900 Ryan Con sol Petroleum
*
12,000 Ryerson & Haynes Inc com.l

Highest
Sale Prices

x95X Feb.
13
Feb.

13

7

Sale

8

<1.20 conv
800 Rosala Internet Corp

Ask

12 X

16

6

Lowest

Sale Prices

Feb. 28

Ask Bid

Bid

13

16

1034

*

Roeser & Pendleton Inc

Ask

Bid

1

Feb.

1938

1,000

1

Price

Jan. 1

1,000
1,700
1,100
8,600

EXCHANGE

CUBB

YORK

3

Jan,

10
8

Jan.

Standard Wholesale Phos¬

19,900

phate & Acid Works.....20
29,600 Starrett (The) Corp v t C..1
300 Stein (A)Ac Co com.......—*

"i",66o

"4",666

634%
175

1st
2d

Two
200

4,300
U

500

1,500
950

2,400
200

20,900
900

""200
625

1,800
2,300
800

1,300
24,800
10,800
25

....100
*

"6", 000

Sterling Aluminum Prod—1
1,800 Sterling Brewers inc
1
9,200 Sterling Inc....
.......1

2,450 Stetson (John B) Co com—•
...5
1,900 Stlnnes (Hugo) Corp
1,650 Stroock (S) & Co Inc._._..*
*
5,600 Sullivan Machinery Co—
200 Sunray Drug Co common...1
1
40,800 Sunray Oil
1,900
534% cony preferred..
50
100 Superior Port Cem B com
*
<3.30 class A part........*
"""200 Swan-Finch Oil Corp .....15
1,225 Swiss-American Elec pref.100
—

9,100
3,700
2,400
3,600
62,400
27,000
75

3
13

100

2X

Sale
16

10

4%

Taggart Corp com
Tampa Electric Co.....
Tastyeast Inc class A.....

Taylor Distilling Co

1
.*
1
1

rechnicolor Inc common...*
Teck Hughes

Gold Mines
1
Tenn El Pow 7% 1st pref..100

6

Sale

4X
254

434
234

7X Sale
IX
IX
11

13

7X Sale
11X 16X
3

30X

Sale

34

8X

5X
109

111

4% Sale
27
29
A
X
IX
IX
16 X Sale
5X Sale
„

254 Feb.

1

534 Feb.

354 Feb.

4

434 Feb.

Sale

4

Sale

6

ft

ft

354

4

8

634
434
254

634
434
Sale

17

554 Feb.
434 Feb. 25
234 Feb. 16
Feb.

24

134 Feb.
934 Feb.

11

Feb.

4

7

IX
Sale
834
8X
1334 Sale
134

10 X

Sale
Sale

3

36

134
234
1034 Sale
834
934
12 54
1 434
3

2834

34

8

1334 Feb.
3
Feb.
Feb.

35

4

28

5 34 Feb. 17
1214 Jan. 26

Sale

X
534

434
2654
34
134
2034
534

5
27
%
Sale
Sale
ox

4

1

1
3

354 Feb.

27

554 Feb.
434 Jan.
254 Jan.

654 Feb. 23
434 Feb. 11
254 Feb. 28
734 Feb.
2

1134
954
1334
3 34
3634

Feb.

17

7

17
17

Feb.

134 Jan.
9X Feb.

Feb. 14
Feb. 23
1
Feb.
1
Feb.

Feb.

4

Jan.

28

7

Jan.

29
4

24
8
11
5

13 34

1
Feb.
4
234 Jan.
3434 Jan. 26

1

454 Jan.

20

Jan.

21

754 Jan.
434 Jan.
354 Jan.

8
25
10

854 Jan.

12

Feb.
Jan.

17

29

2
12

7

954 Feb. 23
13 34 Feb.
1
3 34 Jan. 18
3634 Feb.
1
15

11
7

Feb.

103

8

A* AA
18
Sale
554

Sale

3554 Sale

7
115

6

111

„

254 Jan.
1154 Jan.

17

100

100

3X

454 Sale
1034
1534

preferred............50
preferred..—
20

For footnotes see page 53.




preferred

Sterchl Bros Stores Inc

2

11

Feb.

23

7

8 115

434
2654
34
134
1634
534

5
Feb.
8
Feb.
2
Feb.
Feb. 21
4
Feb.

Feb.

9

46

Feb.

23

5

Feb. •23
Feb. 24
Feb.

23

Feb.

1

Feb.

283

2

5
134 Feb.
2054 Feb. 25
3
554 Feb.
46
Feb. 23

Jan.

15

11

Jan.

7
103

Feb.
Feb.

23

7

Feb.

23

11634 Jan.

21

534
2934
54
154

Jan.
Jan.
Jan.
Jan.

10
8
10

21

Jan.

,,

8

6
4
Jan.
8
26X Feb.
34 Jan. 25
5
134 Jan.
4
1634 Feb.
534 Jan. 22
46
Feb. 23

554 Jan.

11
17
5

Jan.

27

48

new york

February
Shares
170

"2,600
300
100

1,000
1,100
1,625

hupfst

.2

.

Ask Bid

Ask

11

TUo Roofing Inc.

8

Sale

•

Lowest

Highest

Hair PHres

Hale Prices

Salt Prices

Feb. 26 100% Feb.

97
Sale

4

9

4% Sale
9%
10

4%
Sale

10%

9%

8

7%

4%
11

Feb.

4

4

2%

16 Va
2

17%
2%

50" "67

%

3h

2%

Feb.

17

~2'/a

Feb.

3

97

4% Feb.
Feb.
9% Feb.

24
19

Feb.

17

11 %

9Va Feb.
7% Feb.
5,

50" "57"
2%

Tobacco Prod Exports

Highest

*ule f- "is

Feb. 28

1

Bid

10«

Tfion Oil A Lund O

Thew Shovel Co common..

Tobacco* Allied Stocks

To",000

Ask

Bid

.....1
100 Tlahmtm Realty 8c Conatr.

100

Feb.

1938

5,500
4,300
3,300

1

Jan. 3

ST OCKS {Concluded.)
Shares
280 Texas P& L7% pr«-f

2,000
1,800
2,000

RANGE SINCE JAN.

IN FEBRUARY

Price

curb exchange

Since
Jan. 1

49

EXOHANl^

PRICES

sales

aggregate
In

CURB

YORK

tfEW

March, 1938]

5

Feb. 26 102
Jan.

4

3

9Va Feb.
7% Feb.
Feb.

17

2% Jan.

4

5

Jan.

24

4% Jan.
12% Jan.
9% Feb.

19

Feb.

17

5

7

12

"50" "67%
3%

3%

3% Feb. 21

3%"Feb"~2l

Tobacco Secur Truat Co Ltd
Am dep rcte

ord reg sh»..£l

Am dep rets def reft
..5t
Todd Shipyards Corp
80 Toledo Rdlaon «►% pref_.100

700
50

..

.

30
7% preferred A
100
210 Tonopah Belmont Develop..!
1
8,600 Tonopah Mining of Nev

110

44% Sale

7,300

Trl-Continental Corp Warr..

7%

I

com.

10

15 %
56

17%
2%

V/a

15% Feb. 14
1% Feb. 24
Feb.

49

Sale

15% Feb.

Feb. ; 8

14

1% Feb. 24
Feb.
Feb.

3 *56

95

26
15

2 %

9%

Va

1
Sale
Sale

3
6

% Sale
6%
9%

%t Sale
1% Sale
2%
3
6Va Sale
Va Sale
7%
8%

Ke Feb

.

92

Jan.

Feb.
Feb.
Feb.
Feb. 14

8

Feb.

7

30

Feb.

18

.

1% Feb. 28
Feb.

3

95% Jan.
103

1

6Va Feb. 28
Va Feb. 26

Jan 4

%t Jan.
1% Jan.
3% Jan.

%»Jan.
% Jan.
2% Jan.
5% Feb.
% Feb.

13
28

Feb. 26

56

Jan.

II '""4~Feb*."n

%
2%
5%
%

16% Jan.
1% Jan.

15% Feb.
1% Feb.
44% Jan.
99

%
%
Sale
6% Sale
% Sale

9,900 Trans-Lux Plct Screen
17,900 Tranawestern Oil Co

1 %

93

Trunz Pork Stores Inc......*

2,400
1,800
6,600
2,900

16
2%
53

15 h
50

19
22
20
21
20

7% Jan.
Va Jan.

11

11% Jan.

12

13

Tubize Chatilloo Corp—

Common.................!
20,100
Class A
1
1,900
6,100 r-jntf Sol I amp Wks com.. 1
80-cent div pre#....
*
1,400

6,600
200
600

800
500

1,700

'"300

300
300

1,400
2,900

900

1,500

Ulen 8c Co 7)4 % pre!
5% preferred
Series A preferred...

...25
2*

Sale

2%
6%

3%
8

1%
1%

2%
3

8% Sale
29
2%
3
6%
6Va

26 %

2Va

Unexcelled Mfg Co Inc.....10
Union Caa of Canada

•

1,800

12,200

Union Premier Food Stores. 1

6,200

34,600

Warrantee...
United Chemicals Inc—

100

800
100

"vyi%
12%
13%
Sale

10

34%
2 Va
7,

2%
6%

2 Va Feb

.

10

6% Feb.

3

2% Feb.

4

9Va Feb. 23
33
3

Feb.

23

Feb.

6% Feb.

"m"i%
14%

Sale
6

12%

13%

2% Sale
1%
1 Va
13% Sale
5%,
5Va
12
12%

2

2% Feb.

18

7% Jan.

15

3

5

7

5%

Sale

9

30

2Va

2

*

700 Union Investment Co com..*

400

7%" Sale
25

25

13% Feb. 28
5% Feb.
4
12
Feb.
4

Feb.

15

2%
1 Va
2Va
1%
13%
5%

13% Feb.

10

10

10% Feb. 25

7

Feb.

3

2% Feb. 24
1% Feb.
4

35

Jan.

2% Jan.
6% Feb.

6

Jan.

26

Jan.
Feb.

2% Feb. 28
1% Feb. 25
14% Feb.
7

Jan.
Jan.
Feb.
Jan.
Feb.
Jan.

7
3

7
24
7

Jan.

11

3% Jan.
7% Jan.

12
12

2%
2%
2%
1%

Jan. 11
Jan. 12
Feb. 28
Feb. 25

28

15

Jan.

14

28
3

6% Jan.
14% Jan.

11
21

3

12% Jan.

5

Jan.

20
2

United Alrraft * Transp—

9,300
1,100
50,000
3,100
3,900
20

13,700
100

18,300

10% Sale
•

3

*
35,300 Un Cigar-Whelan Stores. 10c
7,600 United Corp warrants
...1
129,700 United Gas common
$7 1st non-vot pref__
*
5,100
Warrants..
13,800
100 United G 8c E 7% pref
100
45,700 United Lt * Power com A...*
Common class B
..*
2,000
$6 1st pref
*
41,300

38

Common.......
S3 cum partlc pref__

.

H

.

275 United Milk Products com..*
83 preferred...
.....*

125

8

8Va

3Va
36
%

9%

4%

4%
45

35

45

4% Sale
98

96

1%

Sale

*/0

3% Sale
95%
99

4 Va
94

Sale

Va

~3% Sale"
3%

4%

2%
3%

21% Sale
17%
20

18 %
19

68

65

71

Sale
4
Sale
19%
78

2 %

Sale

1

Sale

2 %
23 %

3%
Sale
19%
19%

2

14
2

94

Sale

Feb.

% Feb.
%6Feb.
3% Feb.

Sale

x

3

Feb.

25

% Feb.
Feb.

2

1

Feb.

1

70

Sale

1

Feb.

7

Sale

4

% Sale

...

.......

Sale
47
Sale

3

72

Feb.

3

34

3

2% Feb.
4
3% Feb. 18
16% Feb.
4
Feb.

3

% Feb.

9

19

34

Feb.

2

•Va Feb.
1
% Feb.
4
4% Feb. 23
Feb.

98

16

2% Feb.
3% Feb.

1
18
25
19% Feb. 17

25 % Feb.

34

4

Feb.

34% Jan.
Jan.
5^ Jan.

*

% Jan.
% Feb.
3% Jan.
94

10
4

12

Jan.

6

1% Jan.

100

Jan.

70

Feb.

77

Jan.

13
18

2%
4%
16%
17%

Jan.
Jan.
Feb.
Jan.

3%
4%
26%
19%

Jan.

11

Va Jan.

Jan.

12

Jan.

13

Jan.

15

6% Jan.

28

73

63

United Molasses Co Ltd—

1,800

Am deo rets for ord reg..

Preferred.........

...10

.1
1

United Shoo Mach com....2ft

71

310

190

Preferred

400 U S Playing Card

100

6,300
3,800
1,800

2,600
1,700
800

U S Radiator
U S Rubber

..10

com

1

com

Reclaiming....*

U S Stores Corp com...

.....

100 Universal Con sol Oil Co

11,500 Universal Corp

"2",300

Y.ooo

1

400

3,500
10,700 *Utll Pow * Light
400

100

2,850

#

4,500
1,725
1,800
2,900
13,500

2,000
4,200

Class B

;

""loo
700

900

4,400

50

2%

2%

22
3

1%
22%
3%

n

1% Sale
Sale

k

9

4%

7%

9

13

4%

lX
2Va
9%
2%
9%
.4%

Sale
2%
10%
3
11
7%

Feb.

14

10

Feb.

3

2% Jan.
1 % Jan.
68% Feb.
Jan.

4

1

Feb.

Feb.

H

1%

Sale

"1% Sale"

Ee5-

17

%
IV

0

18

2%

Sale

5

...10

Petroleum..... 1

*

Sale1'

1 %

Sale

%
%

2

15%

%

%

2

2% Sale
35%
14%
15%
3% Sale
1%
1%
Sale
73
8
6%

Feb.

2%
37%
17
3%
Sale

"7% "8%

5

Jan.

31
14

5

% Feb.
Jan.

5

1% Jan.

4
11

49

11

Jan.

13

Jan.

10

14
1

Jan.

11

Feb.

28

1% Jan.

10

57

2

22

Feb.

3

3

Jan.

5

2

Feb.

2

% Jan.

19

Feb.

14

Jan.

% Feb. 21
1% Jan. 20

% Jan.

15

Feb.

23

25

Feb.

17

1% Feb .

4

Feb.

15

1%
36%
z/a
1%

Feb.
Feb.
Feb.
Feb

1

Feb.

5
4

1

3% Feb.

16 % Feb.
1 % Feb.

5

18
1'
23

37% Feb.
1
1% Feb.
42 % Feb. 25
4
% Feb.
Feb.

2

8

25

%6 Feb.

1

1

2%
35%
14%
3%
1%

4% Feb.

Feb.
3
77% Jan.
Feb.

42%
6%
6%
1%

23

Feb.

17

1

Feb.

14

Sale

1

8% Feb. 23

3

2
22% Feb.
4% Jan. 20
3% Jan. 13
Jan.

11

13

Feb.

28

15

Feb.

17
3

2% Feb.

4

2% Feb.

1

2

Jan.

4

Jan.

Jan.

31
3

Jan.

13
31

1% Jan.

3% Jan.

12

4

Ve

2

14

16

16

4

7

"2% Feb.

34

44

28

% Feb. 25
3% Feb. 14
2
64 Feb.
1% Feb. 23
2
2% Feb.

Feb.

39

21

Feb.

3

Feb.

2

Feb.

Feb.
22% Feb.
3% Feb.
1 %

Feb.

3

15

"l% "I

...100

com

10

23

57

% Feb.

.....1

Venezuela Mexico OH

12

Jan.

3

Feb.

22

%

.

41%

Van Norman Mach Tool

Jan.

1

1

1
42% Feb.
1
5% Feb.
6Va Feb. 24

1% Feb.

2

Sale

3

39% Sale

Jan.

5

8

11

15

Feb.

17

1% Jan.

4

Feb.

15

34

1 % Feb.

7

16% Feb.
1"

18

Jan.

10

43% Jan.
2% Jan.

15
15

Jan.

6

Va Jan.
2% Jan.

17

Feb.
Jan.
Jan.
Jan.

44

1

Feb.

2

14

Feb.

36%
%
1%
%

Jan.

3

Jan.

3

Jan.

14

17% Jan.

8

3

2 % Jan.

Feb.

17

36

Feb.

10

26

3

40% Jan.

6
21

14% Feb.
3 % Feb.

16

15%

Fqb.

21

13% Jan.

5

16

11

3% Feb.
1% Feb.

23

3

Jan.

28

14

1% Jan.

31

34

1

3
IVa Feb.
70
Feb. 23
3
7
Feb.

2% Feb.

1

Feb.

18

73

Feb.

1

x7Va Feb.

14

2% Feb.
9% Feb.

10

2

2% Jan.

70

Jan.

Feb. 23
27

6% Jan.

Jan.

3% Feb. 23
1% Jan. 18
77% Jan. 18
x7Va Feb. 14

2% Sale
9

11

1%

•

V4.

Walker Mining

1
5

1H

5%
5!

%
1%
7%
6%
7

V* aVA
3
Sale
8

10%

2

7

Class B...

8%
%
1%
6%
5%

Va
1%
5%
MA
..

5% Sale
2% Sale
3% Sale
7
11%

2%
8%

3%
11

9

1* "m
Sale

7

2% Sale
3%
4
7

8
% Feb.
Feb. 23
10
6% Feb
8
6% Feb.

2

Sale

6

Jan.

29

3% Jan.
11% Jan.

6
10

Jan.

28

83

28

Jan.
Jan.
Jan.
Feb.
Jan.
Feb.

"4

7

Jan.

4

%
1%
6%
5%
5Va
2

Feb.

16

3
8

Jan.

3

%
1%
6%
6%
6%
2%
4%

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

12
10
26
12
17
8
13

Jan.

7

8

Jan.

7

Jan.

6

75

Jan.

12

21 % Jan.
9
Fen.

26

22

Feb.

17

10

9

Feb.

10

Feb.

3

Jan.

11

Jan.

18

Jan.

10

7
8
Feb.
Feb. 11
Feb. 23
8
Feb.
1
Feb.

Feb.

16

3

3^

2%
6%
5%

3

9

65

11

2% Jan.
83

2% Sale
10

Waltt 8c Bond Inc class A..*

1,600 Welsbaum Bros-Brower Co..l
2,200 Wellington Oil Co common..1
1.25
7,200 Wentworth Mfg Co
5,300 Western Air Express Corp..l
100 Western Grocery com... ..20

1,500
4,100
2,000

3% Sale

1H

42% Sale
% Sale
1H
1%
% Sale
1%
2

900 Wayne Knitting Mills

700
900

%
57

1% Sale
22
22%

•

.*
3,300 Waco Aircraft Co
2.600 Wagner Baking com v t c...*
50
7% preferred...........100
Wahl (The) Co common....*

100

6

"l% Sale"

1,000 Vogt Mfft Corp..

400

6
6%
Sale
Sale

5Va

~1% Sale"

1
5

230

% Feb.

71

1% Feb.
68% Feb.
39% Feb.
4% Feb.
5va Feb.
% Feb.

Sale

70

41% Sale
5% Sale
5%
1%
%

"2% "2%

1

Jan.

1

"8M"Feb.

Feb.

4

% Feb.

170 Virginia Pub Serv 7% pref 100

90
200

11
Sale
Sale

•

Valspar Corp common
$6 conv pref

Venezuelan

8%
6%
2%

*

5
*

com

common..

7% preferred...

6% Jan.
Feb.

228

"l%

3

BAs
%
lVa
1%
2% Sale
5
8%
1% Sale
9

5
Conv preferred...........7

200

175
800

1%
50% Sale
1%
1H
21%
22%
2%
3
1%
2%

3%

1

com..

2,000 Utah Pr & Lt $7 pref
1,800 Utility Equities com
Priority Stock
1,450
800 Utility 8c Ind Corp com

1,200

5%
Sale

Universal Pictures

8,400

600

900

10

vtc

150 Universal Products Co..
Utah Idaho Sugar Co...

150

2,900
1,275

1,500
3,500

Sale

Universal insurance.. .....8

"

Sale
1%

H Sale
8%
11
4% Sale
1% Sale

..*

17 Conv 1st pref
350
*
1,700 United Stores Corp com vtc *
17,700 United Verde Extenolon. 50
2
19,900 United Wall Paper

40

2%

25

3,400 United Specialties common.1
.*
8,700 U S Foil class B_.
3,800 U S & Internat Sec com....*
1st preferred with warr
•
2,750
......*
3,700 U S Lines Inc pref

1,400
2,400
1,200
1,600
1,400

1,100
14,000
5,600

11

1

2,850

United Shipyards class A
Class B
29,600

15,600
1,225

650

8

37~,606

24",166

6%
"

...

2,300 Unit Profit Sharing com....*

1,500

6Va

6%

6%

..

20 United NJRR& Canal..100

Feb.

3

1
2% Feb.
3% Feb. 23

%
1%
6%
5%
5%

1 %

.

6

Feb.

9

11

28
28

23
26
1

Jan.

Western Maryland Ry—

50

7% 1st preferred.......100
Western Tablet 8c Stationery

150

100 Westmoreland Coal Co

22

24%

22%

25

*

17

22

10

9

Feb.
Feb.

17

Feb.

69

22

21% Feb.
9

16

Common

100
100

Feb.

3

69

Feb.

3

2Va Feb.
6% Feb.
5
Feb.
3Va Feb.
Va Feb.

3

10

West Texas Utilities Co—

$6 preferred............
5,900 W Va Coal 8c Coke com

50

40

2,600

1,300 Weyenberg Shoe Mfg Co
700 Williams (R C) * Co
2,600 Williams Oil-O-Matlc Htg

300
300

1,200
400

Y.666
100

20
100

3,000
1,000

„

~2% Sale" "2% Sale"
5

*

at
%
8Va
8Va

1,700 J W11-Low Cafeterias com—.1
Convertible preferred
*
2,400
*
1,700 Wilson Jones Co com
1
400 Willson Products Inc
20 Wisconsin P * L 7% pref.100
10
1,000 Wolverine Port Cement

9,400 Wolverine Tube Co com
2,400 Woodley Petroleum Corp

2

1

2%
4%
0%

2%
Sale
7

6%
5%

6%

7Va

5

6

4

6%

1
*

3%
%
%

3%

%
1

8%
10%

Sale
1

10

8%

10%

6

5%

7

6%

7
14

28

1
2% Feb.
7 % Feb. 17
9
5% Feb.
3% Feb. 23
4
% Feb.

,

9

"3" "3% "3" "T%
5%
6%

4

Sale

6%

8% Feb". "14
9
9% Feb.
65% Feb. 11
Feb. 25
3
4
5
Feb.
6
Feb. 18

9% Feb.
9% Feb.

18

66% Feb.

11

Feb.

25

3

9

5% Feb. 23
2
6% Feb.

69

70%
2%
7%
5%

2% Feb.

3

6

Jan.

11

5

.lan.

3

3% Feb.
Va Jan.
% Jan.

4

Jan.

31

Jan.
Feb.
Jan.
Jan.

27

Feb.

Jan.

21

9%
66%
3%
7%
6%

8

9%
65%
2%
4%
6

Feb.

9

14

4% Jan.

18

10

Jan.

4

1

Jan.

14

10

Jan.

14
9

11

5
3

Feb.

11

Jan.

12

Jan.

11

Jan.

24

Woolworth (F W) Ltd—

100

64,600

Am dep rets

ord shs

..5s

126,400 Wright»Hargreaves Ltd

Door..J.*

"3",400

2,700 Youngstown Steel
10,100 Yukon Gold Co........—.5

For footnotes see page




53.

15%
17%
7 H Sale

17
16%
8% Sale

19% Sale
1% Sale

"1% Sale

16

7 Va

3

16% Jan.
7% Jan.

28

8% Feb.

3

16% Jan. 28
8% Feb.
3
21 % Jan.

17

19% Jan.
1% Jan.

3

Feb.

4

2% Jan.

16%
Sale

"1% ""2%

7% Feb.

23

1% Feb.

1

2

6
11

NEW

50
AGGREGATE

Jan. 3

Jan. 1

Feb. 1

1938
Ask

Bid

Bid

98 % 102

26,000
218,000
345.000
44,000
12,000
91,000

6«
2016
709,000
71,000 Amer Radiator deb 4^s.. 1947
45,000 American Seating 6a stpd 1946
247,000 Appalachian El Pr 5s
1956

77% Sale
10534 10634

2024
125,000 Appalachian Power 6a
5s
1941
66,000
1951
222,000 Ark Louisiana Gas 4s
623,000 Arkansas Pr 8c Lt 5s...—1956
1953
405,000 Associated Blec 4%s
31,000 Assoc Gas 8r Blec 4%«...1948
4%« registered........ 1948
1,000
6s
1968
355,000
5Hs lnr ctfr
1938
271,000
3,000
5%s inv ctfs reg
1938
4^1 series C..........1949
398,000
5%s
1977
34,000
Conv deb 5s..........1950
329,000
124,000 Assoc Gas & Elec Corp 5s. 1973
Conv deb 4%s
1973
129,000

110

7,000

80 %

91%
86 %
99

92

Sale
Sale
Sale
101
94

102
70

Ask

104% 10234 104
Sale
70% Sale

80

83

76

Sale

90
82

93
84

102,000
7,000
122,000
275,000
156,000
17,000

138",666
104,000

219",000
17,000
124,000
91,000
103,000
46,000
9,000
45,000

112.000 Assoc Tel & Tel 5%s A...1955
20,000 Atlanta Gas Light 4%s..l955
64,000 Atlantic City Elec 3%a_.1964

3,000 Avery (B F) Sons 5s

3,000

w

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

.8034

75% Sale
90
9034

73

Feb.
Feb.

81

82

90

79

106%

Sale

107

107

Sale

Sale

79

Sale

10534 Sale
111%
107 J4 107%
9934 100
92

Sale

36

Sale

27

29

24

26

160,000
49,000
16,000
10,000
74,000
25,000
12,000

75,000
108,000
169,000
20,000
135,000
95,000
56,000
17,000
6,000
12,000
251,000
92,000
132,000
223,000

40,000

39,000
22,000
126,000
5,000
27,000

Canada Nor Power 5s

1953
♦Canadian Pacific Ry 6s. 1942
Carolina Pr 8t Lt 5s
1956
Cedar Rap Mfg 8c Pow 5s. 1953
Cent 111 Pub Serv 4%a F.1967
5s series B
1956
5s Series G
1V68
4%a series H
1981
Cent Ohio Lt 8t Pr 5s A..1950
Central Power 5s ser D—1957
501.000 Central Pow 8t Lt 5s.....1956
159,000 Cent States Elec 5s
1948
259,000
514s
1954
371,000 Cent States Pr 8t Lt 5%a_1953
Chicago Dist El Generating
96,000
414s series A
1970
4,000
6s series B
.1961
Chicago 111 Midland Ry—
54,000
414s series A
—..1956
Chicago Junction Rys 8t
51,000
Union Stock Yards 5s..1940
206,000 t'Chlc Rys 5s ctfs of dep-'27
29,000 Cincinnati Street Ry 514sl952
57,000
6s series B
....1955

90,000
232,000
326.000
76,000
316,000
137,000
155,000
25,000
9,000
28,000

....

31,000
664,000
159,000
71,000
144,000
84,000
325,000
146,000

72,000 Cities Service 5s
1966
1,538,000
Conv deb 5s
1950
204,000
5s
1958
107,000
5s
1969
305,000 Cities Service Gas 514S..1942
144,000 Cities Serv Gas Pipe L 6s. 1943
604,000 Cities Service P 8t L 514s.l952
160,000
514s gold deb
...1949

59,000

77,000
Bank 514*
1937
8,000 Commonw Edison 414*—.1957
18,000
5s series A............1953
9,000
5s series B
.........1954
9,000
414s series C...... ...1956
173.000
4s series F
...—1981
58,000
3H* series H
1965

-

26

2

89

Jan.

27

8

79
80

Jan.
Feb.

2

78

76

Feb.

1

91 % Feb.
82
Feb.

15
3

.

27

81

3

27

92

25

80

Jan.
Feb.

13
6
25

10 107% Jan.
9 108% Jan.

14

67

Feb.

8

105

Feb.

8

3

79

Jan.

3

104% Feb. 10 104% Feb.

1

108% Sale

161% Sale
93% Sale
35% Sale
26

28

107%
106%
99%
89%
32%
2534

3
Feb. 23 110% Feb.
8
2 106% Feb.
Feb.
Feb. 24
1 102
Feb.
1
94% Feb. 26
Feb.
4
37% Feb. 11
Feb.
Feb. 16
Feb. 14 28

104% Jan.

81

Jan.

5

Jan.

13

105% Jan.

21

Jan.

14

90

27 105% Jan.

107% Feb. 23 112
106% Jan. 20 107%
4 102
99% Jan.
86
Jan. 26
95%
4
32% Feb.
41%
22

3

Jan.

2

106% Feb.
106% Feb.

3

99

2

Feb.

17

25

j§8

8
73
Feb.
8 105% Feb.
Feb.
Feb. 23
8834 Feb.

67
105
87

80

Jan.
Jan.

19

25

Jan.

Jan.

Jan.
Feb.
Jan.

3
14
32
24

11

Jan.

10

28

28

Feb.

16

26% Jan.
29 %
62

Sale
64

"28"" Sale'
34

37

31

Sale

27%
74%
24%
30

Sale
Sale

27% Sale
8434 86

Sale

2534 Sale

32

2834 Sale
49
44

72

9254

Sale

95

Sale

76

77

92%
9734

Sale

94%
Sale

33

28%
53%
49%
73%
9334
99%
92

W..1947

927,000 ♦Convertible 6s........1950
275,000 Bell Tel of Canada 5s
1955
94,000
1st M 5s ser B June 1 1957
50,000
5s series C
1960
48,000 Bethlehem Steel 6s
1998
156,000 Birmingham Blec 4%a
1968
52,600 Birmingham Gas 5s—..1959
41,000 Broad River Power 5s A..1954

Jan.

Feb.

25

35

Sale
Sale
Sale
74%
Sale
Sale
Sale

67

Sale

112% Sale
120

Sale

121% Sale
129 % 130
79
813-8
56%
57
82

85

103 %
106
107
9634 Sale
114
115
Sale
Sale
99

103

81*
98

88

99

93

70
Sale

37

3934
44%

40

Sale
Sale

10534 106 34
10534 108

91315

9234

106 % 1063i

Sale

8134
62%

Sale

83

Sale

64%

64% Sale
79
83

104
103% Sale
10534 10634 107
87% Sale

'88
96*
95*

Sale

Sale
Sale
Sale

93

§5*
SIX
36

95

70%
Sale
Sale

3634 Sale
41% Sale

10534 Sale
107

92%

109

95

106% Sale
44% Sale

Sale

P

Jan.

10

18

Feb.

2

34% Feb.

17

30

Jan.

28

36% Jan.

13

30

Feb.

11

26% Jan.

27

Jan.

10

Feb.

26

31

27% Feb. 16

It*

4

54

Feb.

26

46

Jan.

27

4

49%
75%
93%
99%

Feb. 28
Feb. 10
Feb. 28
Feb. 24

42

Feb.

4

49% Feb. 28

72

Jan.

3

80%

Jan.

92% Feb.
97% Feb.

10

95

Jan.

15
24

92

Feb.

28

90

Feb.

26

88*
92

Feb.

Feb.

28

79
3 113

Feb.
Feb.

25

79

42

Feb.
Feb.

73

Feb. 25

47

92% Feb. 10
1
9734 Feb.
90
Feb. 26

4

2

2
Feb.
14 121% Feb. 25
8 122%

1

61%
112%
119%
120%

Feb.

4

Feb.

25

Jan.
Jan.
Jan.

4 114% Jan.
7 122% Feb.

18
2
5

130

Jan.

28 121% Jan.
4 132
Feb.

1 132
82

Feb.

1

Feb.

8

64

Feb.

19

67

Feb.

3

80

Feb.

17

84

Feb.

3

80

Feb.

17

4 104

Feb.
Feb.

23

103

25

105

Jan.
Jan.

Feb.

2

81

Feb.

Feb.

1

Feb.
Feb.
Feb.
Feb.

1

87

2

95%
94%
89%
93%

77% Feb. 28

4 108

Feb.

9
9

23

Feb. 23
Feb.

26

Feb. 25

13

113% Feb.
Feb.

1

85

Jan.

12

67

Feb.

3

87

Jan.

11

19 104

Feb.

23

26 108% Jan.
21
Jan.
98

18

77% Feb. 28
4
55% Jan.

11 115

Jan.

16

Jan.

93

13
6

11
6
17

Feb. 14 101% Jan.
Feb. 16 99% Jan.
9
6
Feb.
91% Jan.
Feb. 23
Jan. 30 96
7
70% Feb. 23
66% Jan.
5
90
Jan. 15
82% Feb.
Jan. 14
34% Feb. 15 41

28

34

Feb.

17

41

46

Feb.

28

39% Jan.

29

46% Jan.

17

105% Sale
10534 108

105% Feb.

10 106

Feb.

3

105% Jan.
105% Jan.

Jan.

12

11 107% Jan.

24

94

Feb.

28

91% Feb.

16

1 106% Feb.
Feb.
16 45

7

106% Feb.

1

4

Feb.

15

89% Feb. 16

91% Feb.

7

54% Feb. 16
4
50% Feb.
4
51% Feb.

65

Feb.

25

94

Sale

45

Sale

62%

67

53

Sale

5734
5734
98%
101%
54%

83

5834 Sale

55

91% Feb. 16
106% Feb.

106%

Sale
Sale

Sale

29

8

17

57
51%

Sale
Sale
Sale

28

Feb.

40% Feb.

89

5334 Sale

Jan.

Sale

10034

95

71

Feb.

89

10134
48%
48%

8

38

90

Sale
10134
5234 Sale
5234 Sale

18

64% Jan.
22% Jan.

17

89%

94 %

10

Feb.

Feb.

8834
9034

100

Jan.

85

34

80

Sale

33

4

Sale

90

57

27

Jan.

81
Feb. 21
8734
84%
114% 11334 Feb. 11 114%
87
Feb. 16 9034
89% Sale
95% Feb. 14 98%
9634 98
96
97
94% Feb. 16 97%
9
89%
89% Feb.
89%
87%
8 96
94
96
93% Feb.
69
Feb. 11
69
71
70%
88
2
Sale
82% Feb.
Sale
3434 Feb. 15 37%

47

Sale

Jan

62

114

85

62

26

18

26

Feb.
10434 103
108
105% Feb.

4434

90

19

9

Feb.

2

61% Feb.
77% Sale
112% 11234 112% Feb.

78

26% Jan.

Feb.

85

23% Feb.

Feb.
120% 121% 120% 12034 120
121% 120% Feb.
120% 121% 121
132
Feb.
135
142
Sale
132

90

91

66

86J-

66

112% Sale

19

29

26% Feb.
74% Feb.

Baldwin Locomotive Works—

458,000

73

65

82

Feb.

72
Sale
7034 Sale
10534 105% 105% Sale
87
Sale
87
89
10434 Sale

10934 Sale
106% 107
99% Sale
8934 Sale
35% Sale

Feb.
Feb.

14
10

Feb.
106% Feb. 10 107
106% Sale
9 107% Feb.
106% 10734 106% Feb.

80

106% 106%

17 103% Feb.
26

102

Feb.

IVA

Jan.
Jan.
Jan.

103% Feb. 25 103 % Feb. 25
3
68
Feb. 10
72% Feb.
78

American Power & Light
.......

Lowest

Sale Prices

Feb. 28

Ask Bid

BONDS

1942
15,000 Abbott's Dairy 6«
I"?
346,000 Alabama Powar 4%a
1st Ac ft St
1956
28,000
5s
1968
150.000
1st 5s
......1946
149,000
1st Ac ret 5s
.........1951
120,000
5s Registered......... 1951
7,000
1948
39,000 Aluminium Ltd 5s
588,000 Amer Gas & Blec deb 5s ..2028

5,000
148,000
13,000
59,000
27,000
66,000

1

Price

NEW YORK
CURB EXCHANQE

Since

February

RANGE SINCE JAN.

PRICES IN FEBRUARY

SALES

In

EXCHANGE

CURB

YORK

Sale
Sale

43
83

52

Feb.
Feb.

Feb.

3

4

84

11

43

106% Jan.
Feb. 16
52% Jan.

5
15

83

Feb.

3

89

Jan.

28

91% Feb.

7

16
4

65

Feb.

25

4

59

Feb.

10
24

Feb.

4

59

Feb.

24

59

Feb.

24

59

Feb.

24

52

Feb.

23

1 100
94% Feb.
Sale
Feb. 11 102%
10134 100
4
57
47
Feb.
Sale
3
47
Feb.
57%
Sale

12

Jan.

54% Feb.
50% Feb.
51% Feb.

59% Feb. 25

5 106

Jan.

94% Jan.

95

87

Jan.

60% Jan.

7

Feb. 23
29 100
4
11 102* Feb.
4
Feb. 24

Feb.

4

100

Feb.

Feb.

24

47

Feb.

Feb. 24

47

Feb.

3

57% Feb. 24

87% Feb. 26

70

Jan.

8

87% Feb. 26
7

♦Commers und Prlvat

85,000
51,000
42,000

84% Feb.

86%

1

11234
112%
11234
11234
10834

11334
114
114
113

111% Jan.
112% Jan.
112% Jan.

17 112% Jan.
11 113
Jan.

112

Jan.

22 112% Jan.

Sale

107

Jan.

106

Sale

105% Jan.

24 109
Jan.
5 106% Jan.

1939
1954

106% 108
12034 125

1971

10334 Sale

104%

30,000 Consol Gas of Bait 5s
21,000
414 e

18,000

8434 Sale

103
Sale
102%
Sale
65
Sale
60%
6034 Sal©
95%
9634 97%
96%
97%
26% 130
126% 130
106
106
106% 105% 107
120%
121
12334 121% 124

165,000 Com'w'Ith Subsld 514* A.1948
124,000 Community Pow 8t Lt 5s. 1957
104,000 Community Pub Serv 5s A1960
Conn Ltg & Pow 7s A....1951

"5",000

70

10334 105
5934 Sale
9434
9534
127

128

103

9
Feb. 25 103% Feb.
65
Feb. 26
1
Feb.
9
Feb. 21 97% Feb.

Feb.

20

112% Jan. 25
15
4

7

Jan.
6
102% Feb. 25 104
3
67
Jan. 15
59% Jan.
4
94% Jan.
97% Feb.
9
105 J-

Jan.

120

106% Feb.
12234 Feb.

Feb.

4

Feb.

106% Jan.
122% Jan.

4
31

Consol GEL AP Bait—

113,000

283,000

27,000
262,000
14,000
14,000
16,000
155,000

98,000
657,000
28,000
32,000
69,000
205,000

160,000
19,000
87,000
97,000

211,000 Delaware Elec Pow 514S..1959
30,000 Denver Gas 8c Elec 5s....1949
264,000 Detroit City Gas 5s B...1950
216,000
6s series A
1947
108,000 ♦Detroit Int Bdge 4%a__1952
24.000
♦Ctfs of deposit
57.000
*25-yr s f deb 7s
1952
18,000
♦Ctfs of deposit.........

3%a series N

Sale

10534 Sale

104% Feb.

2 105% Feb. 28

103% Jan.

3 105% Feb. 28

Consol Gas Utilities—

63,000
12,000
53,000
2,000

239,000
77,000
254,000
12,000
38,000
33,000
159,000

654,000
286,000
609,000
21,000
56,000
118,000
309,000

6s A stamped
....1943
Continental G 8t El 5s ...1958

Crucible Steel 5s..1
1940
Cuban Telephone 714*—1941
Cuban Tobacco 5s
1944
Cudahy Packing Co 3%s.I955

Eastern Gas Ac Fuel 4s A.1956
Edison Elec Ilium 3%a
1965
Elec Pow Ac Lt 5s
2030
Blmlra Wat Lt At RR 5s.. 1956
El Paso Elec 5s A
1950
Empire Diat Elec 5a_.
1952
Empire OH 8c Refining 5 Ha' 42

62

Sale

78

Sale

60
69 %

60
61
63
6134
65%
7234 Sale
Sale
101% 102% 101
103
96%
96% Sale
98
50%
ou?4
50%
55
55
94
Sale
93%
Sale

10134 10234
97
10134
50
5434

101%
96%
5034

10034 Sale

100

Sale

100% 101%

109
102

109
109% 109%
102
Sale
102% Sale
104
Sale
10434 Sale
5
6
4%
434
5
3%
534
4
1
1%
1%
1%
%
34
1%
Sale

94

104

105%

434

5

4%

4

5

1%
34

134
134

3%
1%
%

103

6734 Sale
10734 10734
68
104
101
84

Sale
Sale
Sale
87

7134

7334

55

65

7534 Sale
107

Sale

100

78

102

Sale

108% Sale

69
63% Sale
102% 10434 1041%
101%
101% 103
87
86%
88
74% Sale
81%

Sale

Feb.

Feb.
Feb.

5

63

4

72% Feb. 28

8

98% Feb. 14
55
Feb. 25
94% Feb. 23

96

Jan.

50

Jan.

1

Feb.

2 109
Feb.
1 103
Feb.
Feb. 21 105% Feb.

2

Feb.

24

7

Feb. 25

Feb.

1

73% Feb. 19
107

Feb.

60

Feb.

65% Feb.
Feb.

Feb.

Feb.

2

Feb.

101

99% Feb. 16 100

Feb.
Feb.

60

3

16 103

Feb. 28
3
Feb.
Feb.

Feb.

3

5% Feb.
5
Feb.
1 %

1

1

21
21

Feb. 23
Feb. 21

78% Feb. 28

1 108% Feb.
69
Feb.

4

19
28

Sale
103% Feb. 23 104% Feb. 26
Feb. 25 102% Feb. 18
102% 101
90
Feb. 16
2
88
Feb.
8934
4
81% Feb. 28
73% Feb.
Sale

93% Feb.

3

65

4
80
16 103
24 100
24
55
8
96%

Jan.

12

Jan.

10

Jan.

Feb.

18
7
2

Jan.

25

Jan.

Feb. 16 103% Jan. 13
6 109% Jan. 19
Jan.
6 103
Feb. 24
Jan.
4 105% Jan. 18
Jan.
Jan. 27
5% Feb. 21
7
5
Feb. 21
Feb.
1
Feb. 25
1% Jan. 14
% Jan. 14
1% Jan.
5

99%
108%
100%
103%
4%
3%

67

Jan.

106% Jan.

3

79% Jan. 14

28 108% Feb.

60

Feb.

4

84

Jan.

5

90

Jan.

73

Jan.

4

81

Feb.

71% Jan.
103% Feb. 23 104% Jan.
101
Jan.
3 102% Feb.

19
14

3
18
13
26

Ercole Marelll Blec Mfg

53

-.1953
1967

10334

Sale

103%

44,000

82,000 Federal Water Serv 5%a_1954

6734

Sale

63%

15,000
27,000
28,000
2,000
50,000
168,000

34,000
6s stamped...
1961
103,000 Firestone Cotton Mills 5s.l948

7,000
67,000

15,000
6%a
145,000 Erie LightlngSs

55
Feb.
53
55%
61%
102% Feb.
Sale
105% Sale

19

64

Feb.

4

103

Feb.

65

66% Sale

56

Feb.

4

Feb.
4
53% Jan. 26 56
7 105% Feb. 24
102% Feb.

7 105% Feb.

24

66% Feb.

25

2 105

Feb.

21

2 105
104% Feb.
104% Feb. 24 105

Feb.

2

103

Jan.

Feb.

1

103

94

Feb.

21

93

84% Feb.
82% Feb.

64

Feb.

4

71% Jan.

11

Finland Residential Mtge

160,000 Firestone T 8c R Col 5s..l942

3,000 First Bohemian Glass 7s_1957
69,000 Florida Power Co 4s C...1966
410,000 Florida Power 8c Lt 5s
1954

10234
104% 10534
10534 10634
-----

94

102% 104
10434 105

104

105

105

10434 Sale
Sale

Feb.

25

81% Feb.
80% Feb.

2

84
Feb.
86
Sale
86% Sale
103% Feb.
10334 Sale 104% Sale
101% 10134 101% 102
101% Feb.
101% 101% 101% 101% 101% Feb.

5

100

94

Sale

81

80%

"8534

Sale

105

100

8134
Sale

93

95

84% Sale
82% Sale

93

5

Fen.

21

Jan.

13 105% Jan.
13 mx Jan.

Feb.

25

95

4
10
21

28

80% Jan.

28

24

79

Jan.

26

84% F9b.
87% Jan.

83

Jan.

102% Jan.

22 105

Jan.

8

4

Gary Elec Ac Gas—

21,000
151,000
25,000
5,000

52,000
5s ext stamped ........1944
380,000 Gatineau Power 5s
...1956
46,000
6s
1941
35,000
6s series B
1941

For footnotes see page 53.




83
8434
103% Sale
10134 Sale
10134 101%

86% Feb. 25
8 104% Feb. 17
3 101% Feb. 25
2 101% Feb. 25

103% Feb.
101% Jan.
101% Jan.

89

Jan.

20

104% Feb. 17
3 101% Jan. 10
4 101% Jan. 31

0

\
March, 1938]
AGGREGATE

NEW

SALES

PRICES IN FEBRUARY
new york

In

Since

February

RANGE SINCE JAN.

1

Price

curb exchange

Jan. 3

Jan. 1

s

51

EXCHANGE

CURB

YORK

1938

S

BONDS (CMttatMd)
27,000 Gen Bronze conv deb 6*. 1940
14,000 Gen Pub Serv Go 5i
1953

1,000
7,000
90,000
6,000
16,000
274,000
9,000
10,000

156,000
8,000
39,000
700,000
35,000
10,000

Gen Pub Utllltlee 6%« A 1956
♦Gen Rayon Ltd 6a A....1948

118,000
3,000
56,000
4,000
5.000
24,000

195,000
47,000
122,000
15,000
10,000
37,000

Glen Alden Goal 4a

.

Gen Wat Wka & El 5$ A..1943

Georgia Power ref 5«
Georgia Pow & Lt 5a

1967

1978
......1953

♦Geafuerel Ga

1965

Gobel (Adolf) deb 4%s ..1941
Grand Trunk West Ry 4s 1950
Great North Pow 5s stpd 1950

Grocery Store Prod 6s...1945
Guantanamo Ac W Ry 6e.l958

Bid
73

87%
70%
72

U*
87
60

Ask
75

72
76%
Sale
65

68
Sale

90

Sale

107% Sale
65

Sale
84

67

68% Sale
74
76%
75
77%
81
Sale

50

74
53

36

38

69
80

71%
74

72%
83%

63
30

57

Feb. 28

Ask Bid

90

31%

66%

Feb. 1
Bid

.....

68

64

58% Sale
90%
92
107
61

Sale

55

Sale

34

Sale

Ask
72
83

Sale
78
Sale
Sale

57%

"31%

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices
73
Jan.
6

Feb.
Feb.

2

67
80

Feb.
Feb.

68% Feb.
75% Feb.

3
5

73

Feb.

2
26

76

Feb.

8

4

73%
83%
58%
33%

Feb. 26
Feb. 28
Feb. 19
Feb.
7

67
80

72
79

.....

59

18

57% Feb. 25
33% Feb.
7

62
66% Sale
57
58% 57%
92%
93% 90%
107
107%
58
65
60%

57

Feb.
Feb.

1

Feb.

8

Feb.
2
Feb. 11
Feb.

Feb.

55

Feb.

33

Feb.

1

69% Feb. 17
58% Feb.
1
93

18 107
14 62
1
59

Feb. 26
Feb. 18
Feb. 17
Feb.

14

67
80
67
75

Feb.
1
Feb.
2
Jan. 27
Jan. l^i

72

Feb.

4

78% Jan. 28
57% Feb. 25
33% Feb.
7
62

87% Jan.

6
12

74

Jan.

76

Feb.
8
Jan. 12

78

88% Jan.

15
Jan. 10
33% Feb.
7
68

Feb.

8

71% Jan.

56 % Jan.
90
Jan.
107
Jan.

3

63
93

Jan.

3

60

Jan.

21

65

53

Jan.

8

59

Jan.
5
Feb. 14

33

Jan.

28

14
12

Feb. 26
4 107% Jan.
3

Guardian Investors Corp—

23,000

62,000

9,000
26,000

16,000 Hackensack Water 5s A..1977
52,000 Hall Printing 6s A stpd..1947
♦Hamburg Elec Co 7s
.1935
14,000 ♦Hamburg E 8c Und Ry5%«'38
45,000 Heller (W E) Ac Co 4s w w.1946
17,000 Houst Gulf Gas6Hs w w.1943
6s
1943
24,000
53,000 Houston Lt & Pr 3He ...1966

14"O66
16,000
15,000
8,000
49,000

5s series A

1948

105%
76% Sale

W*
32
.....

30
84

97% 100
102% 103%
17

25

62
62

Sale

15,000

14,000
68,000
57,000
175,000
163,000
16,000
9,000
70,000

31.000 Illinois Nor UtU 5s..
1957
113,000 Illinois Pow Ac L 5 Ha
1957
133.000
5%a series !'B"
1954
322,000
6s aeries A
1953
585,000
5s aeries G.........
.1956
57,000 Indiana Blec Corp 6t A..1947
11,000
6He series B
,.1953
172,000
Bs series C
..195)

106% 1j8

12,000
21,000
48,000
48,000
134,000
86,000
46,000

108%

......

7,000
32,000
21,000
78,000
66,000
27,000

Indiana Gen Service 5a__ 1948
Indiana Hydro-Bloc 5s A.1958
Indiana Ac Mich El 5s
1957
1st Ac ref 5s.
....1955
Indiana Service 5S.......1950
1st lien Ac ref 5a
1963

^Indianapolis Gas 5s A..1953

158,000
16,000
2,000
4,000
8,000
291,000
88,000

377,000 Knd*pollsP AcLSsser A..1957
44,000 (nt Pow Sec *%■ series G.1955
11,000
7s series E
......1957
8,000
7s series F
1952
82.000 International Salt 5s
1951
734,000 Interstate Power 5s
1957
248,000
Debenture 6s....
.1952

58,000
76,000
66,000
4,000
4,000
89,000
4,000
10,000
256,000

122.000

79

90
96
84 %

84 %
88

72%

80

65

107% 109
Sale

75

89% Sale
96

Sale

Sale
Sale

87%
83%
88%
72%

Sale

Sale

44

106% Sale
55

25

12

61% Sale
61%
60%

91%

83

60

58
65

59

64

107% 109
43% Sale
25% Sale

3

Sale

79

37% Feb. 23
107
82

106% Feb.

28
88
Sale
Sale

21%
l\Y* 84% IVA
86
83
83%
99% 99
99%
98%
103
101
104
101%
Sale
104
104% 105% 103%

83

93 %
Sale

Sale

Feb.

Feb.
Feb.

16
21

37% Jan.

12

107

105% Jan.
76% Jan.

Feb. 16
85% Jan. 13

20

Sale

111%
106% 107%
53
56%
55

81

80
25

"30""

♦Hungarlan-Ital Bk7%a_1963
54,000(Hygrade Food 6s^ser A
1949
17,000
6s series B......
..1949

......

39"666

36%

107H

106%

83%
89%
Sale

17

59%

58

60

Feb.
Feb.

25
25

Feb.

2

Feb.

28

Feb. 25

57
57

Feb.
Feb.

57

56

56%
62
56%
59
107% 109
41% Sale
25% Sale

23

Feb.
Jan.
99% Feb.
104
Feb.
105
Feb.

Feb.
Feb.
Feb.
Feb.
Jan.

88

25
19

2
28

25

86%
86%
89%
75%

9

63

15

Jan.
Feb.

5 110

3

15

107%
74
88%
93%

1

84%

Jan.
Jan.

61% Feb.

1

8

60

Feb.

4

Feb.

3
2
11

107% Sale
74% Sale

§§**
95

Feb.
Feb.

9

107% Feb. 25 110
74
Feb. 18 76%
90
88% Feb. 25 91%
Sale
7 96%
93% Feb.
Sale
85% Feb. 17 88
89
2
83% Feb.
87%
3
91% 88% Feb.
91%
Sale
77
3
71% Feb.

Feb.
Feb.
Feb.
Feb.

Feb. 23
Feb. 21
Feb.

24

108%
109%
78
81
78
82
78
Feb.
7
78
Feb.
7
111%
110% 111
110% Feb. 17 111% Feb.
3
107% 107% 106% 106% 106% Feb. 24 107% Feb.
2
Sale
53
52
Sale
51
Feb.
4
53% Feb. 26
52
Sale
50
Feb.
3
52% Sale
53% Feo. 26
53
57
60
63
52
Feb. 15
63
Feb. 24

105% Sale

21%
83%
98%
101%
103%

25

58%

8
23
Feb.
3
86
Feb.
3
Feb.
99%
3 104
Feb.
Feb. 17 105

105% Sale
54

60

56%

64

56

64

Feb.
Feb.

17

39% Feb.

4

Sale

23

Feb.

7

70

65

Feb.

61

Feb.

8

93

Feb.

9

107% 109
43% Sale
25

1
104% Feb. 21 105% Feb.
3
57
Feb. 23
5.5% Feb.

57
56

57
23
57
1 108
107% Feb.

Feb.

17

Feb.

17

Feb.

24

44% Feb. 25
1
25% Feb.

57
57

83

8

Feb.
18
85% Jan.
Jan. 28
94% Jan.
100
Feb.
Jan.

12

12
Jan. 12
91% Feb. 21
78

Jan.

108% Jan.
81

Feb.

12

15

Jan.

Feb.

Jan.

8

111% Jan.
107% Jan.

110% Feb.
106% Feb.
50

11
Id

89

108% Jan.

51

7

91% Jan.

88% Feb.
71% Feb.

78

Jan.
62% Jan.

20
14
10

58
58

Jan.
Jan.

64% Jan.

49% Jan.

7

14

104% Feb. 21 106% Jan.
4
Feb. 23
52% Jan. 17 57
57
Jan. 19 60% Jan. 17
56
Feb. 23 57
J&n. 17
107
Jan. 18 108% Jan.
7
Jan. 17
39% Feb.
4 48
23
Feb.
7 28% Jan. 19

Interstate Public Service

74,000

60,000
225,000

170,000
129,000
57,000
25,000
131,000
34,000
13,000
504,000

5a series D

1956

4%a series F
1958
96
97
Iowa-Nebraska L & P 5s.. 1957
95
5a Series B
1961
96%
Iowa Pow Ac Lt 4%« A...1958 106% Sale
Iowa Pub Serv 5s
1957 102% 103
58
Iaarco Hydro-El 7s
62
1952
72
78
Isotta Fraschlni 7s
..1942
43
Sale
Italian Superpower 6s...1963

90.000 •facksonvilleGas 5s stmpdl942
162,000 JerseyGentPAcL5sB.._1947
596,000
4Hs series C
1961

15,000

28.000
5.000
63,000
103,000
76,000
34,000
41,000

32"oo6
48,000
47,000
9,000
2,000

69% Sale
66%
63%

Kansas El Pow 3%a
Kansas Gas Ac Elec 6s
Kansas Power 5s A
Kentucky Utilities 5s
5s
*%• series D
5He series F

1966

36%
37%
104% 105%
103
98

103%
99

2922

114% Sale

1947

100

Sale

Sale

II*Sale
Sale

94

n*

%m

66%
Sale

QQ
Sale
95%
106% 107% 106%
Sale
100
101% Sale

65

60

80
78%
41% Sale
33
Sale
104% 105
102% Sale

59
82

66

60

Feb.

11

60

89

78% Feb.
40% Feb.

7

Sale

85
46

34% Sale
104% Sale
102% Sale

98% 98%
98%
114% 117
114% 116%
Sale
99% 100% 100
Sale
73
73
73%

75% Sale

1961

75

77

74

1948

95

97

1955

87

90

70%
,67%
95%
94% Feb. 25 94%
106% Feb. 24 106%
99% Feb. 14 101%

44

97

1969

5

73

92

Sale
Sale

90%

82

Sale

80

95%
Sale

94

Sale

8

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

23

65

Feb.

23

61
93

Feb.
Feb.

24
25
26

28
Feb. 11
Feb. 23

Feb. 21

32
Feb. > 7
35% Feb. 26
2
Feb.
103% Feb. 10 105
2
Feb.
100% Feb. 11 103

98% Feo.

10

99

Feb.

99% Feb. 21 101
72% Feb. 17 74

Feb.

11

Feb.
Feb.
Feb.

3
1

96% Feb.

16

73

Feb.

9

92

91% Feb.

10

85

82

97
Sale

95% Feb.
90% Feb.

26
95

93% Feb.

Feb.

1

75
94
82

15

Feb. 25
5

94%
106%
98%
58%

Jan.
Jan.
Jan.
Jan.

5
8

73

69%
98%
96%
5 106%
26 102%

9
27

Jan. 13
Jan. 19
Jan.
7
Jan.
7
Feb. 26
Jan. 11

5

63

Jan.

78

Jan.

4

85

39

Jan.

21

46

Feb. 23
Feb. 2\

19

32
Feb.
36% Jan.
Jan.
103% Feb. 10 106
100% Feb. 11 105% Jan.

11
18
15

Jan.
97% Jan. 26 99
5
3 114% Jan. 17
114% Jan.
99% Feb. 21 101% Jan. 25
Jan. 17
71% Jan. 29 79
73
Jan. 29 80% Jan. 13
Jan. 12
91% Feb. 10 97

82

Jan.

93

Jan.

31

90

Jan.

4

Lake

17,000
336,000

Superior Dist Power—
i%« series A
..1966

67",600
85,000
61,000
243,000

93

Sale

2626

102

Sale

29.000
490,000 Lehigh Pow Secur 6s

116",656

♦Leonard Tlets Inc 7%a_1946
Lexington UtU 5s
1952

23%
95

173,000 Llbby McNeill 8c Ubby 5s 1942
124,000 Long Island Ltg 6s
1945

102% Sale
104

7s

71,000
91,000
65,000
13,000
62,000
32,000
21,000
31,000

94

Ex-warrants

96%
Sale

23

26,000 Marion Reserve Pow 4H* 1952
13,000 McCord Rad Ac Mfg 6s
1943
63,000 Memphis P Ac L Ssaer A..1948
09,000 Men gel Go 4%«
....1947
58.000 Met Edison 4s series E
1971

78
81
75

1965
73.000
13,000 Middle Sts Petrol 6 Ha A. 1945
55,000 Midland Valley RR 5s
1943

159,000 Milwaukee G L 4%a
168.000
106.000
65,000
151,000
100,000
37,000
44,000

151,000

16,000
52,000
81,000
52,000
8,000
41,000
2,000
111,000

35.000
103,000
230,000
94,000
33,000
73,000
23,000

1967
1978

Minn Pow Ac Lt 4Hs
1st At ref 5s

Mississippi Pow 5s

95%

104

81

86

70
86

75
88

81
Sale
81

88

91

64

90% Sale
98% Sale

99
76
76
89

91

104% 105% 103% 104
Sale
105% Sale 105
80%
96
80%
90
63
Sale
58% Sale

93% Sale

Sale

88

84

Sale

93%

3% Sale
92
83

95
Sale

73%
75
44% Sale
118
112

90

93

38.000 New Amsterdam Gas 5s..1948
264,000 New Eng G At Elec Assn 5sl947
5s
1948
112,000
Conv deb 5s..........1950
532,000

116% 118%

272.000 New Engl Pow Assn 5s...1948

78% Sale

Deb 5H>
1954
256,000
47,000 New Eng Pow Go 3%a A.1961

81

&71% Sale

56

57

56% Sale
57

Sale

Sale

90% Sale
67% 70

1950

6,000 ♦N Y Pa Ac O RR 4H« «tpdl95S
485,000 N Y P At L Corp 1st 4HS..1967
1980
242,000 N Y State B Ac G 4Ha

104" "
Sale
Sale

22,000 N Y Ac Westchester Ltg 5s *54
4s
2004
40,000
39.000 Nippon Elec Pow 6Hs
1953
118,000 Nor Amer L At P SHs A...1956

2 104

104%
65
77

91

Jan.

93
4

Sale

91

94

78

80
Sale

70

44%
116

45%
119

96% Feb. 16
Jan.

7

14 97% Jan. 13
6 104
Feb. 28
12 100
Feb. 26
16 104% Jan. 22

Jan.

,

Sale

78% Sale
80
102

Sale
Sale

90
65
97
84

Sale
Sale
99
Sale

106% Sale
93% Sale
112%
04% Sale

98% Feb.

97

82

7

80

77

Feb.

85% Feb.
103% Feb.
104% Feb.
85

Feb.

56% Feb.
91% Feb.

8
Feb.
2
Feb. 26
2
90% Feb. 24
25 105
Feb.
9
23 106
Feb. 10
7
88
Feb.
3
4

63

5

94% Feb. 25

Feb.

23

85

Feb.

Feb.
Feb.
Feb.

28

84% Feb.

7

109
63
65%
Sale
92

Feb.

3 109% Feb.
11
65% Feb.

24

Feb.

10

5% Feb.

2

78%

3%

4%

92

Sale

74%

76
Sale

69

44% Sale
114% 119

108% 109% 108% Sale
85
87
81
87%
71% Sale
74% 75%
115% 116
48% Sale
46% Sale

8

10

110

Sale

47

Jan.

67% Feb. 19

80

97
62
74

98%

109%
64% Sale

114

5s stamped...........1942
♦6s series A........... 1949

Feb.

98% Feb.
85
78

109

109




101% Feb.

1951

2022

For footnotes see page 53.

28

1957

2030

4

9 100
96% Feb.
Feb. 26
101% Feb. 16 103% Feb.
1

67

t+Nat Pub Serv 5s C O D.1979

Feb.
Feb.

103

Sale

2026

96

_

90% Feb. 16 103

Sale

66%

Ltg 5s. 1945

2

100

102% Sale

Sale

♦6He ctfs of dep w W..1937

15.000 N Y Cent Elec 5He

104
98

14

Feb.

93% Feb.
102% Jan.

90
Sale

4Hs
1981
Nelsner Bros Realty 6S..1948
1956
231,000 Nevada Calif Elec 5s

74,000
96,000

93%

101

75

New Orleans Pub Serv—

30,000
43,000
9,000
1,000
196,000
83,000
15,000
22,000
28,000
64,000

96%
23%

79% Jan.

11

22

84

75
60

Montana Dakota UtU 5 He *44
Munson Steamship Line

Nebraska Power 6a

Sale

97

103% Sale

83

...1955

Nat Pow Ac Lt 6s*'A"
Deb 5s series B

95% Sale
103% Sale

"97%

^Missouri Pub Serv 5s A 1960

Nassau At Suffolk

29

99

1955

Miss Power Ac Light 5s
Miss River Power 5s...

23

22

4s series G

,

94%
100%

75

1941

111,000

18,000
49,000
33,000
191,000
82,000
111,000
39,000

Sale

357,000 Louisiana Pow Ac Lt 5s... 1957
7,000 ♦Manitoba Power 5 Ho
1951
♦Mansfield Mining Ac Smelt—

7,000
4,000
20,000
22,000
12,000
50,000
8,000
30,000

29

56

Sale

6%
7

89
Sale

9% 102%
0
85%
7
3

Sale
Sale

90
Feb.
2 100
Feb.
4
66% Feb.

Feb.
Feb. 24

60

65

78

79%

10

88% Jan.
85
97
62
74
109
63
90

94

Feb.

5

18
19
2

78

Feb.

2

70

Feb.

1

2

44

71

Feb.

1

46% Feb.
77% Feb.
79% Feb.

8
7

Feb.

86% Feb.

9

Feb.
Feb.
Feb.

10
17

64

98
84

105% Feb.
91

1

5

Feb.

16

4

55
77

Feb.
Feb.

18

Feb.

2

Feb. 26

2 116% Feb.

1
1

102

2

Feb.

24

57% Feb. 25
57% Feb. 25
58% Feb. 25
83

Feb. 25

85% Feb. 28
103% Feb. 26
90
69
100
84
107
94

Feb.
1
Feb. 26
Feb. 18
Feb.
1
Feb. 16
Feb.
8

112% Feb.

3% Jan.
91

63
10

18

114% Jan.
108% Jan.
84% Feb.
70

116

109%
93%
75%

Jan.

115% Jan. 27118
48
Jan. 31
57%
46
Jan. 31 57%
46% Jan. 29 58%
77% Feb.
79% Feb.
Feb.

102

86% Feb.
64
98
82

Feb.

Feb.
Jan.

105% Feb.
91
Feb.
_.

75

Jan.

Jan.
Jan.

Jan.

27

2

1
1
.

2

Jab.
Jan. 2
Feb. 3

5% Feb.

86%
76%
44%

4

Feb.
3
Feb. 23

95% Jan.
Jan.

95

Jan.

17
17
14

24

88

Jan.

4

5 105
Feb.
8 61
Feo.
3 79% Feb.

Jan.
Jan.

106

72% Feb.
64% Feb.

44% Feb.
Feb.

25

-

1

4 116
24 109%
3
85
7
75%

17

Jan.

Feb. 11 92%
Feb.
2 100
Feb.
75
Feb. 24 87
Jan. 14 110
Feb. 11
68
Jan.
4
94

24

04% Feb.

53

1

103% Feb.
104% Feb.
75% Jan.
53% Jan.

20

Jan.
Jan.

106

Jan.

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
84% Feb.

112% Feb.

77%

94

3
16

81

Feb.

4

91%
72%
64%
44%
14%
108%

116
Feb.
116% 118
56
56% 48% Feo.
56
57
46% Feb.

82% Sale
85% Sale
103% 104

11

98% Jan.
83
81
93

Feb.
67% Feb.

2

Jan.
4
Jan. 13
Jan. 17
Jan.
3
Feb.
2
Jan.
6
Jan. 12
Feb. 26
Jan.

8

85

Feb.
Feb.
Feb.
Jan.

7

87

Jan.

1103% Feb.
91
Jan.
71% Jan.
100
Feb.
84
Feb.
108% Jan.
97% Jan.
112% Jan.
105
Feb.
61
Feb.
80% Jan,

CUES EXCHANGE

new YORK

52

NEW
In

Jan. 3

Jan. 1

9

21,000
25,000
57,000
25,000
15,000
308,000
37,000
16,000
22,000
44,000
61,000
153,000
81,000
17,000
14,000
33,000

1938

S
BONDS (Continued)—
55,000 Nor Cont Utll 5 %« A
1948
55,000 Nor Indiana GAB 4a.... 1952
211,000 Nor Ind Pub Sar»
1°4<>
5a series D
1969
82,000
167,000
4H» E
«°70
360,000 Nor States Power 3%s—1^67
81,000 Northwest Elec 6s ttpd. P»45
»957
37,000 Nor'west Pub Sen 5" A
....

....

149,000
32,000

...

Conv deb 5s........—

Okla Pow & Water 5s

A.

43,000 Pacific Coast Power 5a... 1940
1941
67,000 Pacific Gas 5t B1 6a B

19.000 Park Lexington Bldg 3s..l964
148,000 Penn Cent Lt & Pow 4>* s 1977
5s
.1979
38,606 Penn Electric 4s series P 1971
Penn-Ohlo Edison 6s
I95«'
Without warrants
20,000
100,000
5%« series B
1959
1947
58,000 Penn Pub Serr 6s C..
5s series D__
195*
14,000
14,000 Penn Water A Pow 4 %s. 1968
5fl
I94«
55,000

38,000
9,000
18,000
6,000
20,000
54,000
11,000
12,000
9,000
7,000

97

88

35% Sale
107

106

Sale
Sale

99

9234

97%

96
92

90

8534

89

10534
10534 Sale
L
104% 10634
Sale
Sale

73

103

10434
116%

116

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

Feb. 28

35%
108

Sale

94

ii*
88

Ask

37
Sale

95%
96%
90
Sale

Feb. 17
36%
Feb.
2 108
Feb. 23
97%
94
Feb. 11
95
90
88% Feb. 14

35
106
93

97% Feb.
Sale 100%
Feb.
103% 103% 103% 102

98%

103 % l05%

1

Ask Bid

Bid

103

Sale

90

90

Feb.

104

96

90

Feb.

102% Sale 1003
115% 11634 1153

....

1942
1955

1938

.

101,000 Peoples Gas Lt & Coke 4* fl it
4s series D__
1961
57,000
159,000 t4Peoples Lt at Pow 5s..l979
176,000 Pblla Elec Power 5Hi---1972
18,000 Phlla Rapid Transit 6s
1962
Piedmont Hydro-Electric Co
6
series A
1960
73,000
14,000 Plttaburgh Coal 6s
1949
194*
44,000 Pittsburgh Steel 6s
1953
11,000 ♦Pomeranla Elec Co 6a.
49,000 Portland Gas & Coke S» 1940
94,000 Potomac Edison 0s ser E 1956
12,000
4Hs series F
I96t
27,000 Potrero Sugar 7a stamped 1947
14,000 Power Corp of Can 4 Hs B 1959
1954
12,000 'Prussian Elec 6a
....

...

.

86%
8934
112% 115
61%.

64

100% 101%
28

83%

28%
Sale

90

86%

115

113

61% Sale
99% 101

31

85%

83% Sale

95
85

90

83%

85%

86

Sale

83

94

99

^

8%
111

73%

Sale

Sale
Sale

76%

83

86
85
89%
80
89%
79%
83
106
106
105%
107% 105
100%
100% Sale 100% 101
108
107%
107% Sale
107%
108% 107% Sale
84
87%
88
86% Sale
91
Sale
88
88% Sale
8
7
9% Sale
7%

z'i

Feb.

107

25

4

Feb.
Feb.

25

5Q

99* 100%
30

2
3

17

11 <100

Jan.

19

18

11

96

Feb. 28
Feb. 25

Feb.

Jan.

6

26 100

Feb.
Feb.
Feb.

3

3

58%

55

108

100
25
19%
50
52%

15

92% Feb. 28

73

:i

7
5

80

101

3

Jan.

115% Jan.
84

Jan.

11

Feb. 21 103% Jan.

Feb.

113% Feb.
60

Jan.

99

Feb.

24 116% Feb.
4

88

Jan.

14

18 113% Feb.

14

27

67

Jan.

10

4 101

Jan.

14

34% Jan.

19

Jan.

19

Feb.
Feb.

7

31% Jan.

7

83

Jan.

3

85""

Feb.

7

83

Jan.

27

92

Feb

1

86

Feb.

25

96

2

80

Feb.

18

91% Jan.

8

24 107% Feo.
28 103% Jan.

17

8 mo
108
3 108
10

19

25

32
86

88% Feb.
Feb. 24 107% Feb.
1 100% Feb.
Feb.
Feb.
Feb.

Feb.

7.

86% Feb.

3
Feb.
Feb. 14
28
Feb.
Feb. 15

18

97

110

21

Jan.

103% Jan. 19 105% Jan.
Jan.
104% Feb. 24 107
103% Feb. 14 106% Jan.

Feb.
Feb.
Feb.

4
56
Feb.
57% Sale
106% 107% 107% Feb. 25
4
97
96% Feb.
4
"21" Sale
19% Feb.
3
Sale
52% Feb.
18* 110
15
106% Feb.
106% 107% 107
1
107% Feb.
107% Sale 107% Sale
8
64
64
60
59% Feb.
67%
102
101
100% Feb. 19
100%
l&
8
21
Feb.
30
21% Sale
20%

60

106

60

Jan.
Jan.

8 104% Jan.
Feb.
91

102

4

Feb.

5

108

23 100

93% Jan. 14
88% Feb. 14
91% Jan. 311100% Feb. 28
86% Jan.

Feb.

4

105% Feb.

1

100

'
Feb!

14

Feb.

8

—

Jan.

107% Feb.
107% Jan.

Feb. 25
91% Feb. 24
10% Feb. 26

84

Feb. 14
Feb. 11

Ill

88

1 113
Sale
112% Feb.
Sale 113
75%
76% 75% Feb. 24 79
79%

112%
75%

57

110

94

11 105
24 107

31% Feb. 18
83% Feb. 23

88%

96% 100
25
20%
50

3
4

7

86%
113% Feb. 18 113%
2
65%
60% Feb.
4 100%
99
Feb.
84

Sale

92

105

107

1

Feb.
Feb.

Feb.
Feb.

25

95

91

106%
10234
108%
107%

33

33

85%

95

9234
107
104>
108J
109

95
113% 115
65% Sale
10034 Sale

32

90

89

Feb.

Feb. 25 102% Feb.
102% 101
117
115% Feb. 23 116% Feb.

89%

40

93

Feb.

4

17

28

35

23

91

7

105
10434 105%
104% Feb.
106% Sale 104% 105
103% Feb. 14 106
104% 105% 104% Sale
3 100
97
Sale
9934 Sale
96% Feb.
7
92
Sale
92%
86% Feb.
88% Sale
5
76
Feb.
79
78
80
77%
79

104

Feb.

Feb.

105% Jan.

Feb. 14

1 100% Feb. 28
8 103% Feb.
4

l*»4i

6,000
38,000

80,000
16,000

41%

89
70

Without warrants
28,000
2,000 Pacific Ltg at Pow 5s...
240,000 Pacific Power & Light 5s
12,000 Palmer Corp of L» 6a

4,000
22,000
38,000
6,000
7,000
20,000
39,000
39,000
83,000

37

107 %

1°46

19,000
2,000
92,000
10,000

18",006

Ask

103

1948

Pacific Investing 5s A..

Feb.

Bid

1*45
I'W
'*>5
1951

85,000 Olden Gas Co 5s
73,000 Ohio Power 5a aeries B..
106,000
4Hs series D.
276,000 Okla Nat Gas 4%i A

1

Pricr

YORK

CURB EXCHANGE

Since

February

RANGE SINCE JAN.

PRICES IN FEBRUARY

sales

aookeoate

88
7

88

"87" Jan"i§
Jan.

Jan.
8 109
11 108% Jan.

Feb. 10
3
Feb.
Jan. 31

10
4

10
21

Jan.

18

91% Feb.
10% Jan.

24

91

3 113

12

Feb.

4

79

Feb.

11

Feb.

26

Jan.

61
7 108
4 100
25
21

.Tan.

75% Feb. 24
27

61

Feb.

26

56

Jan.

108

Feb.

2

106

Jan.

98

Feb.

15

96% Feb.

21

Feb.

28

19

58% Feb. 15
4
107% Feb. 24
2
107% Feb.

48

Jan.

27

58% Feb.

15

106

Jan.

15 107% Jan.
1 107% Jan.

24

57

65

Jan.

18

7 101

Feb.

21

21% Jan.

14

64

Feb.

24

101

Feb.

21

21% Feb. 28

107% Feb.
Jan.

5

100% Jan.
20% Jan.

31

Feb.

2

Jan.

11

Feb.

28

8

Pub Service Co of N J—

6% perpetual certificates

190,000

263,000

9,000
26,000
38,000
26,000
119,000
42,000
90,000
147,000
38,000
64,000

13,000 Pub Serr of Nor Ills 0a C.
5a
46,000
4Hs series D
82,000
4Hs series E
32,000
4Ha series F—
214,000
4H« series I
75,000
159,000 Pub Serr of Okla 4s.
506,000 Puget Sound P & L 5%*
58 series C
77,000
4 H> aeries D
152,000

3,000

15,000
3,000

1966
1956

1978
I<,v-'
19*1
I960
1966

1949

84

1953
195>>

16,000
5,000 ♦Ruhr Housing 6H* A..

62

60%

195

♦Ruhr Gas Co 6Ha

26%
21%

113,000 {♦St Louts Gas A Coke w.'t
38,000 Safe Harbor Water Pr 4 H s T
1958
139,000 San Ant Pub Serr 5s B
1952
2,000 San Joaquin L&PbtB
Sauda Falls Co 5s
1955
2,000

8,000
52,000
24,000
2,000
71,000
27,000
37,000

2,000
19,000
100,000
57,000
5,000
140,000
60,000
71,000

90,000
46,000
20,000
30,000
12,000
19,000
58,000
120,000
25,000
35,000
126,000
100,000
12,000
287,000
150,000

12,000
11,000

19,000
17,000
31,000
52,000

"MOO
174,000
178,000

40,000
11,000

10

133% 135% 132% Feb.

105% Sale
112% Sale
103% 103%
103% 105
103% 104%
104% 105
Sale
104
103% Sale
105%
104% 106% 105
100% 101%
98%

106% 110

Sale

111

64

Sale

67

67

60

63

63

Sale

56

57

59%

85%
Sale
26%
12

108

109%
102% 103%
1285
110

Sale

133

112

95

92

Sale
26%

25%
20

11

10

Sale

1 134% Feb. 26 130

Jan.

3 134% Feb. 26

105

10

105

Feb.

106

Jan.

110%
103%
103%
102%
104%

15

110% Feb.
103% Jan.
103% Feb.
102% Feb.
104% Feb.

113

Feb.

Feb. 25 105% Feb.
7 113
Feb.
Feb.
Feb. 11 103% Feb.
Feb. 14 104% Feb.
Feb.
Feb. 21 104
3 106% Feb.
Feb.
2 101% Feb.
99
Feb.
4
67% Feb.
62% Feb.

14
2
1

5

26

99

104% Jan.

1937

6s...

♦Schulte Real Estate 6s.. 1951

Scrlpps (B W) Co 5Hs.
Scullin Steel Co 3s

1943

ServellncSs—......

1948

.1970

D

41,000 Sheridan Wyo Coal 6s...
36,000 Sou Carolina Power 5s..
481,000 Southeast PAL 6s
354,000 Sou Calif Ed 3%a. .May 1
3% a series B
July 1
76,000
Debentures 3%a.
238,000
1st A ret mtge 4s.
98,000
Southern

108,000
107,000
30,000
96,000
25,000

28
Sale
101

1951

..

Sbawlnlgan W AP 4%a.-l4>67
4%a series B
1968
4 Hs series

126

'22%
100

28
23%
Sale

46

42%

107%:::::

107

104

Sale

103%
103%

Sale
Sale

103% 104
103% Sale
103% 104

62

Sale

61% Jan.

8

63

Feb.
Feb.

24

60

Jan.

18

25

53

Feb.
Jan.

65%

61

63

Jan.

17

80

Sale

80

Feb. 28

85

Feb. 25

80

Feb. 28

93% Jan.

14

28

Sale

25% Feb.
23
Feb.

1

28

5

24

Feb.
Feb.

24

12

26%
Sale

24

60

4

10
Feb.
12%
2 110%
Feb.
103% Feb. 16 104
128% Feb. 23 128%
112
Feb. 28 112
109

28
17
24

Feb.
Feb. 23
Feb.

9

Feb.

8

Feb. 28

28

25% Feb.
21 % Jan.

24

Feb. 4
12%
108% Jan.
4 110%
102% Jan. 10 104
128% Feb. 23 128%
112
Feb. 28 112
10

1960
1960
1945

Sale
Sale

25

28
26
Sale

46% Sale
106%
104% Sale
104% Sale
104% Sale

104%

2025

11*

25

22% Feb.
Feb.

102

101

43%
106%
103%
103%
103%
55

71%
83%
104%
104%
106

108

Feb. 25
1
Feb.

46% Feb. 28
1
Feb.
104% Feb. 25
28
104% Feb.
104% Feb. 28

Feb.
Feb.
Feb.
Feb.
Feb.

107

11
60
Feb.
Feb. 26 75% Feb.
7
Feb.
86% Feb.
2 106% Feb.
Feb.
2 106% Feb.
Feb.
Feb. 14 106% Feb.
3 109% Feb.
Feb.

21

Feb.

Feb.

2

26
25
26

Jan.

21

'25

Feb. 28
Feb. 17

Feb. 24
Feb. 23
Feb.

9

Feb.

8

Feb.

28

Jan.

21

Feb. 25
21% Jan. 10 25
Jan. 28
8 102
100% Jan.
Jan. 20
50
43
Jan. 28
9 107% Jan. 15
106% Feb.
103% Jan. 29 104% Feb. 25
103% Jan. 31 104% Feb. 28
3 104% Feb. 28
103% Jan.

Feb. 11
71% Feb. 26
55

82

Jan.

104% Jan.
104% Jan.
Jan.

15

106

21

107% Jan.

26

104

63%
77%
95%
29 106%

Jan.

Jan.
Jan.
Feb.
31 106% Feo.
13 106% Feb.
28 109% Feb.
28

12
20
15
25
26
15
21

Counties Gas

1968

105

Southern Indiana Ry 4s. 1951

56

57

51

S'western Assoc Tel 5s A. 1961

88%

92

92

m

95%
79%

95

of California 4He

Southwestern L A P 5s. .1957
Southwestern PAL 6s..2022

106%

Sale
Sale
Sale
97
72

67

47,000 S'western Pub Serr 6s A. 1945
145,000 {♦Standard Gas A Elec 6«_'3f>
♦68 Certlfs of deposit.
1935
159,000
♦Cony 6s
1935
83,000
♦6s Cony ctfs of deposit 1935
73,000
6s.
1951
273,000
6s
1966
196,000
193"
38,000 Standard Invest 5Hs
527,000 {Stand Power A Lt 4s... 1957
...1950
234,000 ♦Starrett Corp 5s
Stlnnes (Hugo) Indus—
7s 2d stamped
...1940
21,000
7s 2d stamped
1946
28,000
39,000 Super Power of 111 4Hs__i970

102

105

Sale

106

1968

105

Sale

106

195t>
39,000 fennEler Power 5s
103,000 Tenn Pub Sery 5s....... 1970

78

40,000

26%
102

1960

Sale

5

6

4

106% Sale
108% 109

76%

1957

17

Feb.

62%
56%
58% Sale
72%
78%
75%
Sale
84% Sale
106 % Sale
104% Sale
Sale
104% 104% 106
106% 106% 106% 107
Sale
110
108%
109%

1947

12

56% Feb.

64%

109% 109% 110
103% Sale
103% 104%
131
129
12834 132
Sale
112
111% 112

23%
22%

2

Jan.

104

Sale

109

102

15

106% Feo.
101% Jan.
69% Jan.

Feb.

25

17
21

104% Feb.

+Saxon Public Works—

4HS

Teml Hydro-Electric

24,000
249,000
271,000

Sale

103% Sale
103% 105
102% Sale
104% 104%
100% Sale
66% Sale

I9s«

14,000 Queens Boro G A E 0%*

Sale

105% 107
111

I**'

70,000
12,000
93,000
2,000
2,000

14,000
23,000
155,000
142,000
38,000
108,000
36,000

130

Co

6H» series A
64,000
447,000 Texas Elec Service 5s
637,000 Texas Power A Lt 5s
6s
7,000
30,000 Tide Water Power 5s A

50%
50%

105%

o9

Sale

P

96

66% Feb.

Sale

52

Sale

69%

42

44%

39

42

79%

19 105%

50

Jan.

27

1

85

Feb.

95

5

95% Jan.
66% Feb.

9
5

98% Jan.

21

10

79

Jan.

17

Feb.

1

105% Jan.

14

70% Feb.

25

1 100
Feb.
1
54% Feb.

1

52%

Sale

52

Sale

Feb.
43% Feb.
43% Feb.
44% Feb.

Sale

53%

Sale

44

Feb.

4

54

Sale

43%
44%
45

Sale

Jan.

25

Sale

52

Sale

43% Feb.

7

51%

Sale

42

Feb.

8

54% Feb. 28
54% Feb. 26
1
68% Feb.
53
Feb. 26
17
30% Feb.

45

46%

Sale

10

98

100

45

9

71

Sale

105% Feb.
52
Feb.
92
Feb.
3
98
Feb.

Feb.
Feb.
Feb.

69

Sale

Sale

85

97%

100

Sale

48%
22%

89

44

50%

51%

105% 106% 104
51
50
52%

r Sale

68%

Sale

44

Sale

22%

25%

45

64

67

50

Sale

27

29

47

40

44%
47
43
44%
47
106% 105% 106
Sale
105% Sale

67%
56%

Sale

58%
94%

70

Sale

60

75%

Sale

Sale
Sale

60%
87%

Sale
89

Sale

98

Sale

92

60

Sale

58
98
103

Sale

1956
2022

94

97

94

98

1976

80

84%

83

Sale

108%

108

100

Jan.

17

55

Jan.

12

1

54% Feb.

26

44

Jan.

27

55

Jan.

12

Feb.

26

44

Jan.

Feb.

5

23% Feb.

8

44%
44%
105%
104%

54

15
4

26

28

55

Jan.

12

43% Feb.

7

56

Jan.

12

Feo.

8

56

Jan.

12

42

62% Feb. 23
41

Jan.

21% Jan.

29
7

88

Jan.

6

Jan.

12

30% Feb. 17

43

Jan.

39

Jan.

105

Jan.

104% Feb.

25

65% Feb.

15

80% Feb. 25

57% Feb.

4

80% Feb. 25

57

7

60% Feb. 28
11
6
99% Jan. 26
86% Jan. 17

70

Feb.

Feb.

45
15
5
45%
3 106%
15 106%

78

Jan.

6

8

Feb. 23
7
Feb.
9
Feb.

4
45
Feb.
4
45%
Feb.
Feb. 17 106%
Feb. 15 106%

65% Feb.
57% Feb.

12

55

25

43% Feb.
43% Feb.

1

Feb.

17

62% Feb. 23
41

100

Feb. 26
56% Jan. 13
Jan. 17

Feb. 23
Feb.
7
Jan. 10
Jan.

5

—

1953
I960

Sale
Sale

103

84%

96%
86

57
Feb. 15
60% Feb. 28
1
5
94% Feb.
85% Feb.
2
96% Feb. 25 103% Feb.

Jan.

4

82% Jan.

6

94

83

Feb.

106

1

Feb.

84% Feb.

16

Jan.

5 100% Jan.
85% Feb.
96% Feb. 25 104% Jan.

Toledo Edison Co—
1st mtge gold 5a...
1962
235,000
348,000 Twin City Rap Tr 5 Hs A. 1952

77,000
22,000

Ulen A Company—
6a 4th stamped

1950

United Elec of N J 4a

1949

107 J62

36%
113%

Sale

108% 106% 107
55% Sale
59% Sale

43
-----

114%

46

42

46

54% Feb.

Feb.

54% Feb.

2

40

Jan.

1

114

Jan.

60% Feb. 23

57

Jan.

Feb.

18

24

Feb.

27% Feb.

1

23

Jan.

Jan.

64

24
28

58

1

Feb.
Feb.

57

Jan.

8

96% Feb.

23

94% Feb.

42% Feb. 18 45% Feb.
114% Feb. 28 114% Feb.

Sale

114%

58

Sale

62
33

Feb.

11

35
Sale
Sale
Sale
Sale

56%
26%

57

23%
27%
61%
58%
95%

24

Feb.

18

24

26

35

23% Feb.

14

66

70

60

Feb.

2

66

64

Sale

97

100

58% Feb.
94% Feb.

Sale

106

108% Feb.
59% Feb.

63% Jan.

14
5

47
Jan.
6
8 114% Jan.

29

9 108% Jan.

15

22

United Elec Service 7s... 1956

39,000
1,000
7,000
46,000
79,000
42,000

Without warrants..
75,000
7,000 ♦United Indus 4%a..— -1941
♦1st 6s
1945
12,000
1974
158,000 United Lt A Pow 6HiDeb 6s...
1975
283,000
5H«
1959
71,000

For footnotes see page 53.




56

60

68%

35
25
73%
Sale

99

Sale

24%
24%
71

24
18
27
28
28

60% Feb. 23

24% Jan.
27% Feb.
75

8
1

Jan.

12

72% Jan.
8 100% Jan.

12
12

AGGREGATE

PRICES IN FEBRUARY

SALES

new york
curb exchange

In

Since

February

176,000 United Lt a Rya 5%s
1952
*• serial a
1952
129,000
Deb 6s series a
1973
60,000
23,000 Utah Power & Light 4h*1944
6s aerlea a
..2022
42,000

67,000
24,000
47,000

131,000
8,000

Yadkin

67
100
58

Sale
Sale

60%

81

82 %

78

80
70

Sale

73%

Sale

105 %
66

Sale

87

Sale

83% Sale

7884

Sale

78
81

Sale

Sale
84

Lowest

70% Sale
104

Highest

Lowest

Highest

Sale Prices

Ask

Sale Prices

Sale Prices

Sale Prices

64% Feb.

8

70% Feb. 28
23

64% Feb.

18
1

53% Jan.

Sale

96

Feb.

63

56

Feb.

8

78

81

75

80

Sale

64

Feb.
Feb.

8

67

8

70

89% Sale
83% Sale
83%
86

83

Feb.

11

77% Feb.
80

Feb.

15

Feb.

8 104% Feb.
60
Feb.

Feb.
Feb.

96

Feb.

75

78% Jan.

8

5
12

8 106% Jan.
70
Jan.

13
14

28

82

1

64

Feb.
Feb.

8
8

Jan.
Jan.

83

Feb.

11

3

89% Feb. 26
84% Feb. 25

75

Jan.

5

90% Jan. 12
84% Feb. 25

7

84

Feb.

26

80

Feb.

7

85

3

19

78

13

Jan.

11

Corp—

♦5s Income deb
...1954
182,000
134,000 Wash Gas Light Co 5a... 1958
1951
25,000 Wash ry a Blec 4s
254,000 Wash Water Power 5s...1960
Western Newspaper UnionCons deb 6a
.......1944
67,000
37,000 West Penn Blec 5s.......2030
29,000 West Penn Traction 5a..1960
1957
431,000 West Texas Utll 5s a
118,000 West United gab 5%• a 55
1941
2,000 Wheeling Elec Co 5s
102,000 Wis Minn Lt a Pow 5a... 1944
165,000 Wisconsin p a l 4a a....1966

204.000

Bid

76% Sale
Sale
69 %

160,000 Virginia Pub Ser 5%s A..1946
6s
1946
52,000
5a aerlea b
.......1950
63,000

24,000
18,000
16,000
211,000
56,000
1,000
21,000
65,000

Ask Bid

Ask

Bid

105,000
53,000
30,000
9,000
13,000

Feb. 28

Feb. 1

1938

Astoria

1

Jan. 3

bonds (Concluded)—

Waldorf

RANGE SINCE JAN.

Price

Jan. 1

106,000
75,000
11,000
152,000

53

NEW YOKE CURB EXCHANGE

March, 1938]

16
Sale
18% Sale
105
105% 105% 104
107%
107%
105
Sale
101% Sale

15
105

106% Sale
105% 106
37
100

Sale

Sale

14% Jan.

2

103 % Feb.

5

106% Jan.

101

Feb.

18 105

1

101

Feb.

39

Sale

35

FeD.

39% Feb. 21

35

97

97
Feb. 16 101
98%
3 103%
103% 100% Feb.
Sale
81
Feb.
7
86%
106
7 105%
104% Feb.
107% Feb. 14 107%
Sale" 105% Feb.
7 106
Sale
3
95
92% Feb.

Feb.
Feb.

39
101

100% 102
83% Sale

102

85%
Sale
104%
107%
107%
105% 106% 105%
93%
91%
93
105

103% Feb.

Sale
104% 105% 100
70
72% 67%
70

75

73

26

23 105% Feb.
8 107% Feb.

99

103% 104 34
84% Sale
104 3* Sale
107%
105% Sale
91%
93

1937

Feb.

107% Feb.

37

Sale

105

Riser Power 5s.. 1941

48,000 $♦ York Rya Co 5s

13
103

96

Feb.

5

Feb.

3

Feb.

Feb.
Feb.

100%
80%
104%
107%
105%
91%

11

23

Jan.

Jan.
Jan.
Jan.
Jan.

106

Jan.

3

96% Jan.

14

14 105% Jan.
73
Jan.

26

2

72% Feb.

10
7
17
17

39% Jan.
102

103%
89%
105%
107%

Feb.
Jan.
Jan.
Feb.
Jan.
Jan.

96

4

14 104% Feb.

67% Fee. 24

97

Feb. 25
Feb. 24
Feb. 18
Feb. 14

19
Feb. 26
5
26 105% Jan. 26
5
3 107% Feb.
Jan. 13
18 106

67% Feb.

18
6

8

24

Feb.

foreign government
and municipal

Agrlcul Mtge Bk Rep of Col—

17,000
10,000
2,000

12

20
23

21

Sale

76

85
86

12

♦30-year 7a
Jan 15 1946
32,000
♦20-year 7a
Jan 15 1947
16,000
4,000 ♦Baden (Germany) 7a....1951

25
24

23

Sale

20

23

Sale

19%

30

21%

22%

70

85

73

80

86

73

86

20

21

Feb.

28

23

Jan.

28

23

Jan.

28

23

Feb.

17% Jan.

24

21% Feb. 25

23

Feb.

28

20

Jan.

24

21

21% Feb.

25

21

Jan.

3

21% Feb.

5

80

Jan.

6

80% Jan.

13

76

Feb.

14
24

Buenos Aires (Pros)

2,000

17,000

♦7*8 stamped.
.....1947
♦7s stamped.......
1952

4,000
2,000

76,000

72

70

76

Feb.

8

8% Feb.

18

Feb.

8

76

Feb.

8

9% Feb.

25

7

Jan.

Feb.

8

9% Feb.

5

76

25

♦gmucs Valley (Dept of) Rep of

10,000
12,000
21,000

Colombia extl a 17s
.1948
♦Can* Bk of German State &
Pros Banks 6s b
1951
14,000
♦6s a
1952
16,000

26,000
1,000

Danish Cons Munlc
5s

1953

Danslg p

5,000
24,000
20,000
10,000
11,000
4,000
18,000
8,000

5%s.l955

7%

6%

25%
35
25
27%
100% 101%
100
102%

8%

Sale

22

11%

25

26

101% 102
99% 104

28

25

30

22

9%

34

22% Feb.

11

26

Feb.

21

Feb.

21

26

Feb.

21

8 101% Feb.

14

26

101% 102
99% 100

100% Feb.

27

25

Jan.

Jan.

7

26

Feb.

21

101% Feb.
100% Jan.

22% Feb.
100% Jan.
100% Jan.

14

13

a Wat'way bd

68

52

sxternal a f 6 ha
40,000
1902
57,000 ♦German Cons Munlc 7a.1947
♦6s
1947
51,000
20,000 ♦Hanover (City) Ger 7a.. 1939
15,000 ♦Hanoser (Pros) 6%a
1949
37,000 ♦Lima (City). Peru, t%«.1958
1958
19,000 ♦Maranhao (State) 7s
10,000 ♦Medellln (Colombia) 7s.l951

20%
20%

50

61

20 %
20

24
Sale

21

58

60%

13

30

20

18

21%
14%

20

12%

WA

22

18

19

Sale

10

22

7%

10
15

8

7%

Jan.

19

22

Feb.

16

Feb.

20

Jan.

22

20% Feb.
12% Feb.
18% Feb.

19

Jan.

20% Jan.
6
13 % Jan.
6
18% Feb. 25

Feb.

7

22

15

20
26

20

21%

20%

58

58

20% Feb.

Sale
21

53% Feb.
19% Jan.
19% Jan.

14

53% Feb.

Feb.
Feb.

21% Feb.

21% Feb. 25
Feb.

26

Feb.

7

Feb.
Feb.
Feb.
Feb.

14

14

9

Feb.

9

Feb.

26

68

64

Feb.

7

70

Feb.

10

64

Feb.

7

72

Jan.

17

Sale

9%

20

20%
11%
17%
7%

21

Feb.

14

23

Feb.

17

21

Feb.

14

23

Feb.

Sale

21

Feb.

14

23

10

23

Jan.

17
28

15

Feb.

1

22

15% Jan.

25

22%

8%

9%

10

1q

22

11% Feb.
16% Jan.
7% Jan.

Mendoss (Pros) Argentina

39,000

75,000

6,000
20,000
23,000

♦7s Issue of May i927...1947
9,000
♦7s Issue of Oct 1927
1947
25,000
32,000 ♦Mtge Bank of Chile 6a..1931

l'e'ooo

63~66O

♦7%a-4a stamped...
Mtge Bank of Bogota—

65%

1951

•

a
r
X
•

20

15

22

20

25

18%
18%
99%
11
9%

15

Sale

98%
9%
8%
%
%
%

%
Sale
%

5

57
11

67,000 ♦Santiago (Chile) 7s..... 1949
♦7a
1961
16,000

11%

12%

64

13

Sale

12%
Sale

12%

Feb.

8%
%
%
%
%

Feb.
Jan.
Jan.
Jan.
Jan.

h

7

56

Feb.

7

56

13% Feb.
13% Feb.

17

56

56

Feb.

13%
13%

13%

58

15%
18%

13

Feb.

1

13% Feb.

2

4

25
20
7
21
5
26
11

6

Feb.

7

65

Jan.

17

11% Jan.
11% Jan.

2

Illinois

Central

Feb.
Jan.
Jan.
Feb.
Jan.
Jan.
Feb.

4 102%
2
10%

10%
%
%
%
%

5

13% Feb.
13% Feb.

17
2

Public

10
5
6

Service

h

1981,

account is

taken

4%s

Feb. 3 at 91

nUndertherulesales.in which

no

in computing range, are given below:

;

d. 1927, Feb. 9 at 47%
Oklahoma Natural Gas 6% conv. pref., Feb. 3

Chicago Rys. 5s c.

o.

at 91

r

page

17)

Throughout the month the

be¬

While British note circulation declined sharply after the

there

of renewed

was

interest

evidence toward the end of
the part

of hoarders in
shown by the
increase of £440,000 in note circulation of the Bank of
England for the week ended Feb. 23.
The superabundance
of money in London continued to play an important part in
British

on

bank

notes,

as

rates at an excessively low level.

In fact,
money rates have been so easy for several years that the
technical working conditions of the great discount houses
have been extremely unprofitable.
As a result, these houses,
which for more than a century have been one of the main
props of international trade, have been obliged to fill their
portfolios to an increasing extent with gilt-edged govern¬
ment and other securities foreign to the original character
of their business.
annual addresses

all

the

chairmen

of

the

puting range, are given beiow:
No sales

interests by Sir Robert Kindersley tbat Great Britain would
soon fined itself living
on capital rather than on income,
in

much

as

of

it

as

was

not

repaid by amortization.
On Feb. 1 Sir
John Simon, Chancellor of the Exchequer, announced in
the House of (Commons the relaxation of the Treasury's
ban

foreign

on

In answer to

Chancellor

borrowing

issues

said,

London

the

money

market.

among
come

"I do not consider

other things:

when consent with respect to foreign

defined under the Foreign Transactions Advisory

as

Committee's

terms of reference can be given indiscrimi¬
nately.
I refer particularly to those applications on behalf
of foreign governments, foreign local or public authorities,

State-controlled organizations.
Applications of this kind
continue to be considered on their merits along the

or

will

line laid down

the

regard to

in

the committee's

general

terms of

reference with

policy of the government.

Greater

lititude, however, will be allowed until further notice re¬
specting applications not falling within the class I men¬
I

tioned.

refer

long-term basis
I

terms

the

include

prise

in

large

blocks

foreign
of

necessity of foreign lending in order to further the British

term

export trade. As a result of this emphasis, and the voicing
of similar opinions by important industrial leaders, the

considerations

particularly to
on

purpose

great

behalf

of

borrowers

raising

British

from

of

new

money

on

borrowers, in which
of tbe Empire
development enter¬

part

any

of acquiring assets

or

countries, and to transactions involving
foreign-owned securities.
Foreign short-

lending of a non-commercial character involves other
and

raises

special

difficulties

rendering

it

generally undesirable."

government took steps early in February to relax the ban
on foreign loans.
It was believed that the report of former
Premier van Zeeland of Belgium, which stressed the need

momentum

for

feared toward the end of




in

questions put by Members of Parliament, the

that the time has

banks, which appeared in January, emphasized the

resumption of foreign lending, might have influenced
the government's decision.
Before the ban was relaxed
it was also pointed out to British banking and industrial

reinvesting overseas the amounts

foreign loans

for

of

Cash sales, in which no account is taken in com¬

Deferred delivery sales, In which no account Is
taken in computing range, are given below:

equivalent for gold in the open market ranged
tween $34.90 and $35.19 an ounce.

The

9

Aluminum.Industries, Inc., Jan. 20 at 7.

dollar

British

1

'd-v," non-voting.

a

ests in the London gold market.

money

98% Jan.

Feb. 19
FeD. 28
Feb. 21
8
Feb.
Feb. 16
11
Feb.

"ww" with warrants

(Continued from

keeping

25

9%
10%
%
%
%
%

2

Used Above:

of

of

16% Jan.
14% Jan.

4
8% Feb.
% Feb. 21
3
% Feb.
% Feb. 16
8
% Feb.

1

58

Feb.

9

17
23

8 102% Feb.

100% Feb.

Sale

%

foreign funds in London was so large
as
to cause concern in official quarters.
Refugee money
continued to pour into London during February, and this
trend was reflected in the active bidding by hoarding inter¬

acquisition

Sale

8%

Feb.

15% Feb.

"x-w." without warrants

"cod," certificates of deposit
"cons," consolidated,
"conv." convertible

the

II*

18
103% 101%
9%
9%
9
10%
10%
%
%
%
%

100

"vtc," voting trust certificates
"w i," when issued

t Reported In receivership.

the month

15%
12%

"m." mortgage
"■

Abbreviations Used Above'.

Christmas holidays,

23

"cum " cumulative.

Bonds being traded flat.

the volume

65

toorenationt

Deferred delivery sale,
Bold for cash
Ex-dividend

and

25

67%

14%

6s stamped
.1931
Mtge Bank of Denmark 5sl977

No par value.
Sola under the rule

n

70

23

....

6,000
28,000
1,000

65%

15

19,000 ♦Parana (Stateof). Bras 7s'5r
50,000 ♦Rio de Janeiro 6)4s....l95'i
30,000 ♦Russian Cost 6h*
1919
♦Certificates of dep
91,000
♦5*s
1921
126,000
♦Certificates of dep.....
22,000
Santa Fe (City) Argentina
♦7a stamped..........1945
11,000

4,000
20,000
10,000
73,000
63,000
19,000

Sale

The

British

maintaining

in
a

rearmament

program

February, and

was

continued

an

to

gather

important factor in

high level in the engineering trades.
December that

It

was

the pending com¬

pletion of the great housing program would tend to retard
(Continued

on

page

56)

RANGE OF PRICES ON CHICAGO STOCK EXCHANGE
Stock Sales.

...Shares.

Jan. 1 to Feb. 28

AQGREQATB

-

3ALE3

February

Shares.

Ask

3,400
1,650

48

45

48

47

45

42

45

44 34

1927

44

47

43

45

43

STOCKS

840 Adams (J D) Mfg com
13,150 Adama Oll & Gas.Co com

♦

30%

37%

100
580

130 Altorfer Bros cony pref
*
980 American Pub Serf pref..100

30

950
650

1,850
300
550

50
100
450
600

2,000
1,750

4.250

Armour & Co

5

common....

Aro Equipment Corp com...l
Asbestos Mfg Co com
1

Associates Invest Co com...4

Athey Truss Wheel capital..*

9

10

12

16

14

9

7

9

33

35

30

35

50

53

7
52

| 60
5% Sale
534
6%
1
1%
33
Sale
Sale

4

234
3%

200 Backstay Welt Co com......*
1,150 Barber Co (W. H.) com
1
800 Barlow fit Seellg Mfg A com..5

7%

10
18%

*
Belden Mfg Co common....10
Bendiz Aviation Corp com
5
.

.

.

5&
334
6

6
4

634

11

8

10

Sale

11

1034
10%
11% Sale
6% Sale
5%
6%

634

6%
1%
3454
4%
154

5354
534

6%
Sale
Sale
Sale
2%
1%

6

4

154

8%
1134
10

10
12
10%
Sale

7

Sale
20
Sale

12

13

12

18

21

18

21

17

5,800
1,820
550
180

1,150

5

7%
4%
7%
19

Sale

%

pref... •

5%
8
Sale
Sale

740 Cent Cold Storage Co com.20
3,420 Central 111 Pub Serv pref..

800

Cant 111 Secur
Common

6

634

6%

8%
4%
7%
1934

1%

2,750 Castle & Co (A M) common.10

800

49

Feb.

48

Jan.

7

44% Feb.

17

Feb.

24

47

Feb.

3

Sale

Sale
Sale
5
Sale
2034

Feb.

24

834 Feb.
634 Feb.
334 Feb.

4
17
3

Feb.
Feb.

2

734 Feb.

40

24

3634
734
534
354
654
834
1334
634

Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Jan.
Feb.

14
Sale

Feb.
3
Feb.
2
Feb.
Feb. 28

7
9

3

28

40

26

5
17
14
Jan. 12
Jan. 27
Jan. 17
9
Jan. 13
35
Jan. 19
Jan. 14
56
634 Jan. 10
7
Feb. 21
154 Jan. 17

5
4

31

28
27
11

634 Feb.

11

24

33

Fej.

24

33

Feo.

3

54

Feb.

9

52

Jan

19

634 Feb.

17

5

Feb.

28

6

Feb.
Feb.
Feb.
Feb.

Feb.

21

6

Feb.

Feb.

1

1

Feb.

1

Feb.

33
52
5

28
9

1

Feb.

4

32

Feb.

8

4

34 Feb.

16

1 34 Feb.

4

11

Feb. 21
4
Feb.

7

134
3454
434
134
34

9
6

2

Feb.

4

Jan.

1

Jan.

Feb.

15

Feo.

7
11

2

Jan.

834 Jan.

17

10

Jan.

'8

3

12

Jan.

13

1334 Jan.

9

Jan.

13

19
19
26

3

13°*

Jan.
Jan.

10

13

Jan.

12

1434 Jan.

12
13
12

11

Jan.

23

8

7

Feb.

1

3

6

Feb.

3

17

Feb.
Feb.

Sale
1334

2134 Feb.
1254 Feb.

4

954
1134
654
554
1654
2134
1254

Feb. 19
3
Jan.
8
Feb.
Jan. 26
3
Jan.
4
Feb.
4
Feb.

19

Jan.

31

554 Jan.
734 Feb.

4

4

Jan.

7

634 Jan.
1834 Jan.

27

4

654

Sale
Sale
Sale
Sale
2134
2234
934
434
834

1034

2434
1334
Sale

50

6

Feb.

1954 Feb. 23
2554 Feo. 25
4
1254 Feb.

4

3

654
934
454
854
2134

Feb. 28
Feb. 25
Feb.
5
Feb. 25
Feb. 23

9
Feb.
3
Feb.
Feo. 21
8
Feb.

54
2434
1334
5154

Feb. 10
Feb. 15
Feb.
5
Feb. 28

734
434
734
1934

Feb.
Feb.
Feb.
Feb.

34
2034
1234
4634

3

14

3

19
15
7
6

10

28

3

3654 Jan.
454 Jan.

Feb.

23

6

Jan.

3

Feb.

11

Jan.

Jan.

Jan.

854 Feb. 26
1334 Feb. 14

iS*

24

9

754
454
734
1134
1554

3234 Jan.
o y\
354 Jan.

19

22

23

1334
4734

534
354
634
834

3

Feb.

34
20

'13% "14"'
47

9

Feb.

8

1334 Feb.

2454

18

23
14

300
350

17

4

44% Feb. 28
44% Feb. 17

3

Sale
Sale
6

Sale

1,810

17

19

Sale

1234
634
554

10

conv

Feb.

954 Feb.
1134 Feb.
654 Feb.

12%

10

17

800 Canal Const Co

49

44% Feb. 28
44% Feb. 17

Sale

11%

200 Brach & Sons (E J) capital ..*
400 Brown Fence 8c Wire cl A
•

1,850
Common
...............1
6,050 Bruce Co (E L) com
5
4,450 Burd Piston Ring com..
1
16,300 Butler Bros common
.-10
2,500
5% convertible preferred 30

2

18

12

6,100 Bliss Ac Laughlin Inc com ..5
21,000 Borg-Warner Corp common. 5

700
900
420

4

3634 Feb.

9

50

—

Sale
Sale
734
134
3334
434

it* \VA

1,900
9,100

800

Feb.

47

4434 Feb. 28
44% Feb. 17

854 Feb. 26
1334 Feb. 14

100

900

Highest
Sale Prices

54 Feb.

3234

Berghoff Brewing Co__.._
1
850 Blnka Mfg Co capital...... 1

3,050
1,450
6,450

Lowest

Sale Prices

16

8

"

154
2%

Bastl an-Blesslng Co com.

Sale
17
634
Sale
Sale
Sale

16
8%

10

9

400 Automatic Products com...5
1,950 Automatic Washer com.....3

2,800
4,000
5,750
8,000

46

35

,*""350

12%

28,030
1,300
2,600
1,260
3,250

Sale

3934
834
554
354
634
834

37% Sale
834 W 934
4% * 5
3% Sale
6
6%

250 Allied Products Corp cl.A.25
450
Common
...10

400

Highest
Sale Prices

Par.

3,100 Abbott Laboratories com...*

610

11,550

50

43

*
4,800 Advanced Alum Castings.__5
1,400 Aetna Ball Bearing common.!
1,100 Allied Laboratories com
*

450

Ask

42

1927

Lowest

Sale Prices

Feb. 28

Ask Bid

Bid

1927

Certificates of deposit.

Shares.

Feb. 1

1938

1,000 Chicago Rys 5s ctfa

100

1

Jan. 3

BONDS

11,000

1,400

$2,000
4,000

RANGE SINCE JAN.

PRICES IN FEBRUARY

6,000 Cal & So Chlc*5s"ctf8
Chicago City Ry 5a

6,000

J

Price

Bid

10,000
1,000

1937

$17,000
18,000

c_

_

Jan. 1 to Feb .28-

CHICAGO

STOCK EXCHANGE
Since
Jan. 1

In

February

1,909,000
4,218,000

407,000
1,002,000

1938

Bond Sales

1937

1938

February

3
28

8

Jan.

654
2234
2834
1334
2234
7

Jan.

15

Jan.
Jan.

10

Jan.

25
11

Jan.
Jan.

934
534
854
2134

10
11
15
Feb. 25
Feb. 23

Jan.
Jan.

134 Jan.

34 Feb.

9

Jan.

4

25

Jan.

1234 Feb. 21
8
4634 Feb.

14

Jan.

19

15
10
4

5154 Feb. 28

Corp—
\

Convertible

preferred..
*
16,200 Central S W Utll com
50c
2,470
Prior lien preferred
•
1,150
Preferred..
...»
930 Central States Pr 8c Lt pref.*
2,000 Chain Belt Co com
»
700 Cherry Burrell Corp com...5

54
4%
2
95 >4
30%

1
5
Sale

Sale
Sale

i? m ifi

54 Sale
534
154
9554
3034

J*
18

634
Sale

554
154

Sale
Sale

54 Feb.
534 Feb.
134 Feb.

Jan.

5

134 Feb.

3

24

Sale

96

Sale

94

33

Sale

2934 Feb.

33

Feb.

17

Feb.

4

Feb.

15

1234 Feb.

15

Feb.

25

4

454
1534
1934

15
17

4

26

5

Feb.

Sale

5%
1334
2134

54 Jan.

34 Feb. 23
634 Feb. 25
2

Feb.

9634 Feb.

9

34 Jan.
634 Jan.
234 Jan.

11
17
w4

Jan.

28

97

Jan.

p8

2934 Feb.

9

33

Feb.

17

92
4

Jan.

5

1254 Feb.
1854 Jan.

3

15

4

2134 Jan.

534 Jan.

13

Feb. 25

17

Chic City 8c Con Ry—

200

50

22,800
1,050
10

4,000
350

200

34

Common.................

50
Participation preferred
*
57,650 Chic Corp common........1
5,500

30

Preferred

10 Chicago Electric Mfg A

*

7,300 Chicago Flexible Shaft com.5
1,250 Chicago 8c N W Ry Com..100

Sale

32

1554
34
3834 Sale
1
134

1
33

1634

34

43

45

58

Sale

2

154

Sale

134

Sale
Sale
35
22
Sale

32

54
234
3234
1634

34
2

34 Feb. 24
54 Feb. 28
3
134 Feb.
Feb.

4

1834 Feb.

14

Feb.

3

154

134 Feb.

3
5

834

34 Feb.
834 Feb.

31
43

34 Feb. 24
54 Feb. 28
234 Feb. 24
34

Feb.

24

1834 Feb. 14
5934 Feb. 28
154 Feb.
1

54 Feb. 24
54 Feb. 28
3
134 Feb.
31

Feb.

4

1834 Feb.
3854 Jan.
134 Jan.

14

54 Jan.
834 Feb.

34 Feb. 24
54 Feb. 28
234 Jan. 11
34

14

3
4

Feb. 24

1834 Feb. 14
5934 Feo. 28
154 Jan. 10

Chicago Rys—
40

320

10

320 Chic Rivet & Machine cap..4

80
120

170 Chicago Towel Co conv pref *
160
Common capital.........*

18,450

Part certificates *'2"....100

32,100 Cities Service Co

•

com

500 Club Aluminum Uten Co

*

30

00 Coleman L'p & Stove com...*

26,700
3,150
2.450

61,950 Comm'wealth Edison com..25
7,000 Compressed Ind Gases cap..5
3,850 Consolidated Biscuit com...1

9% Sale
90

9934
6134 Sale
2

134
26%

Sale

1%
33

*17"" Sale"

34
834
96

34
9
100

70

61

154
134

Sale
2
Sale

28

2354 Sale
2054 Sale
354
434

334

354

634
234
34

7

5

4

154

7%

9934 100
6334
6434
154 Sale
154
2
2634
28
2434 Sale
2034
2134
454 Sale

99

Feb.

64

Feb.

154 Feb.

3

34 Feo.
834 Feb.
Feb.

3

99

Feb.

3

134 Feb.

1

6134 Jan.
154 Feb.
134 Jan.

16 100
11
65

7

5
3

Feb.

1

28

2234 Feb.

3

Feb.

9

2534 Feb. 18
2154 Feb. 25
434 Feb. 17

28
20

334 Feb. 24

Feb.

1

27

Feb.

34 Jan.

14

10

Jan.

8

16 100
65
3

Jan.

7

2

Jan.

18
3
3

7

154 Jan.

3

30

Feb.

8

Jan.

27

Jan.

12

2234 Feb.

3

2734 Jan.

7

17

Jan.

3

25

Jan.

12

334 Jan.

5

434 Feo.

17

Feb.

24

4

134
54
1334
9734
134

Jan.
Feb.

7

6% Jan.
2H Jan.

Feb.
Jan.
Feb.

18

61

Jan.

3

Consumers Co—

160

1,730

V t c pref part shares....50

150

600

Com part shs v t c A...50

140

440

50
50

3,550

Common part shs v t c B..*
50 Continental Steel com......*

12

15

1234

70

9634

9734

97

Preferred..............100

10,550 Cord Corporation...

500 Cudahy Packing Co pref.. 100

65

1,250

2,250 Cunningham Drug Stores 2%

13
3

"l",456

4,450 Dayton Rubber Mftf com....*
250
Cum class A pref........35

70 Curtis Lighting Inc com....*

.

154

....5

100

200

154

634

734
17

Sale

1334

4

3

154

5

134
1354

1234

98

97

Sxle

34

134

24

154 Feb.
54 Feb.
1334 Feo.

2

98

2

18

Feb.

2

134 Feb.

14

534 Feb. 14
2

Feb.

23

34 Feb. 24
1334 Feb. 18
98

Feb.

2

154 Feb.

1

68

95

68

90

70

Feb.

18

14%

1534

1334

14
254
1034

1354 Feb.

4

1454 Feb.

2

854 Feb.

3

25

20

1054 Feb.
2154 Feb.

23
23

5

2

4

2

834

834

934

934

22

334
134
14
9834
Sale

Feb.

4

20

24

20

70

Feb.

18

4

2

7
14

4

254 Feb.

16

4

3

Feb.

1354 Feb.
Jan.

28

8

Jan.

6

20

Jan.

28

254 Feb.

16

22
5
18
Jan. 26
Jan. 12
nlVt Feb. 18
70
1554 Jan. 24
334 Jan. 28
1054 Jan. 21
2154 Feb. 23

it*

Jan.
Feo.

Decker (Alf) 8c Cohn—

450
10

70

25
650

"TI55
900

1,900
10

Common..

1,350 Dixie-Vortex Co
500
Class A




....

..100

com..

1,900 Dodge Mfg Corp

.....

common

1,150 Eddy Paper Corn (The)

For footnotes see page 56

*

10

Preferred

70 Deep Rock Oil conv pref....*
70 De Mets Inc pref
*
490 Dexter Co (The) com
.5

234

334

50

26

234

75

1834

254

75

6

*

15

...»

31

16
35

*

12

14

*

1654

1934

18

25

21

434
16

29

1134
2034

8
1734
3234
Sale
21

334

1

61

Feb.

8

61

Feb.

8

24

1834 Feb.

4

20

Feb.

25

454 Feb.

24

25

4

16

Sale"

3034
1134
1834

3234
Sale
2134

16

Feb.

4

454 Feb. 24
1634 Feb. 24

334 Jan.

17

Feb.

8

61

Feb.

1834 Feb.

4

20

Feb.

21

234 Feb.

73

23

21

20

434

Sale

1834

6

21

Jan

8
25
6

61

31
10

Feb.

1134 web.

19

Feb.

21

Feb.

Jan.

454 Feb. 24
4
1534 Jan.
Jan.

18

3

10

Feb.

11

11

19

Jan.

4

.

634 Jan.
1654 Jan.

18
31

34

Jan.

13

1454 Jan.

12

Feb.

11

21

March, 1938]

CHICAGO

AGGREGATE SALES
In

February
Shares

2,650

55

EXCHANGE
PRICES IN FEBRUARY

chicago
stock exchange

RANGE SINCE JAN.

1

Price

Jan. 3

Since
Jan. 1

STOCKS

Feb. 1

1938
Ask

Par Bid

SharesM
9,340 El Household Utll Corp
2,800 Elgin Nat Watch Co
150 Pair, The common

850

STOCK

5

15

3** Sale
22

23

Feb. 28

Ask Bid

Bid

3% Sale
21

23

Ask

3** Sale
21

Sale

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

3*4 Feb.

1

Feb.

~

21

3** Feb.
22

Feb.

2
2

4*4 Jan.

3** Jan.
Feb.

21
6

Jan.

24
28

Jan.

17
14

6** Jan. 28

Pits Simons A Connell Dock

600
850
900

700
Ac Dredge Co com
2.750 Puller Mfg Co common
1
*
2,050 Gardner Denver Co com
100
S3 cum conrpref
...20

350

950 General Candjr Corp A
5
6.300 General Finance Corp com.. 1
36,500 Gen Household Utll com.
»

2,500
17,500
310
40

360 Godchaux Sugar Inc cl B
110
Class A
......

2.400
800
4.800

3,800 Goldblatt Bros Inc com.....*
1,450 Gossard Co (H W) com
10,450 Great Lakes D Ac D com....*

310

650 Hall Printing Co com
10
100 Hamilton Mfg cl A part pf
10
650 HarnischfeSer Corp com
10
6,700 Heileman Brew Co G cap—1
850 Heln Werner Motor Parts..3

1,900
100

Heller (W E)

preferred

¥

Sale
15
30

100

130
50

440 Hlbb Spencer Bartlett com. 25
280 Horders Inc common

54

51

9** Sale
3**
2% Sale
394

6**
2*4

5** Feb.
Feb.

24

12

Feb.

3

51

6

3

2

13*4

Feb.

52

2

9**
10
3**
39*
19* Sale

10

Feb.

18

3** Feb.
2** Feb.

9** Feb.
1
3** Feb. 26
19* Feb. 21

2
1

12

Sale

16

12

Feb.

1

14

35
22

34

32

Feb.

14

33
22

iS*

14

15

1794 Feb. 16
7** Feb. 19
12** Feb.
9

5**

7**
Sale

694

§

Sale

6

7

6

Sale

59*

6

5** Feb.
Jan.
Jan.
Jan.
Feb.
Feb.

6
15
27
26
21

12

Feb.

32

Jan.

1794 Feb. 16
7** Feb. 19
12** Feb.

Feb.

8

2
2

Feb. 23

16

Jan.

6

3

6** Feb. 25

5** Feb.
5*4 Feb.

2
3

6

Feb. 26

59* Feb. 25

7

Jan.

294 Jan.
16

Jan.

17

27

6** Jan. 20
Feb.
3
5** Jan. 27
5
Jan.
6

6

5

11
12

52*4 Jan. 26
10*1 Jan. 26
4*4 Jan. 10
294 Jan.
8
14

21

Feb. 24

Feb.

6

„

Feb. 24

2

1194
52**
9**
3**
19*

Feb.
Feb.

;

6**

6*4

59*
5**

6** Sale
4*4
5

6*4
6 J4
8

6%
5*4

7

6

8**
Sale

30

399
1894 Sale
8
8**

2

2** Feb.
13** Feb. 16

21

18

com

6

12**

21*4 Sale

42**

24

44

Without warrants

1,700 Hormel Ac Co (Geo)

6
7**
2** Sale
12** Sale

Jan. 27
Feb. 24

33

23** Jan.
894 Jan.

12

16

23

Feb.

11

7*4 Jan. 10
69* Jan. 20
7** Jan. 11
7

Jan.

14

6*4 Jan.

17

25

100

1,000

2*4
12>i
55
10
Sale

26

....

7

S*

50**
16
18**

13**
17**

A..*

19**
41*4

179*

21
45
16**
18

19

Feb.

8

19

44** Feb.
2
13** Feb. 21

Feb.

8

45** Feb. 18
13** Feb. 21

Feb.

5

18

Feb.

2

89* Feb.
10** Feb.
1** Feb.

4

10

Feb.

17

24

Feb.

4

25

5

Feb.

1

5

17

19
Feb.
8
41*4 Jan. 10
13** Jan. 19
1694 Jan.
7

Feb.

19

8

45** Feb. 18
14

Jan.

10

21

Jan.

12

3
8*4 Jan.
3
10** Feb.
4
19* Jan.
3
594 Jan.
103** Feb. 28 108

Jan.
Jan.

12
5
11
11

Houdallle-Hershej—

200
300

650

850 Hubbell, Harvey, Inc com..5
4,400 Hupp Motors com (new)
1
1,650 Illinois Brick Co
25
1,260 Illinois Nor Utilities pref.100

1,850
600

290
250

650 Indep Pneum Tool

40

60
950

10

150
260
400

1,100
3,500
4,950
2,950

2,800
1,150
1,700
10

Ken-RadTube Ac Lp com A

14

4,850

220

330

550

Leath Ac Co

preferred

1,550 Le Roi Co common.'.
4,150 Llbby, McNeill Ac Llbby
2,550 Lincoln Printing Co com
120
$3.50 preferred..
1,550 Lindsay Light com...
6,900 Lion Oil Ref Co com..
2,250 Loudon Packing common

1,100
650
20

1,100
4,050
850
500

500 Lynch Corp

10
10

1,300

"15",700
4,850
70

19*1
89*
79*

2!*

*

30

66,250 Middle

West Corp capital...5
10,900
Stock purchase warrants...
4,850 Midland United Co com
*

:::::

H*
ih

79* Sale
3 9* Sale
20

30

18*4
2%
3
5** Sale

3,350

Convertible preferred
*
180 Midland Utll *% pr lien.. 100
160
7% prior lien..
...100
190
7% preferred A..._.
100
130
6% preferred A...
..100
1,180 Miller Ac Hart Inc conv pref.*
200 Minn's-Moline Pow Imp com.*

130
130
890
50
600

1,900

Modlne Mfg com
*
50 Monroe Chemical Co com...*
240
Preferred
*

45

100

730

20

Sale
22

Sale

294
29

31

11*

20

394
10

30

29*
22

2*4
36**

8*4

24*|

2P
2

32

30
1

4

30

si?
i*
12

14**
28

10**

9**

1*

29** Sale
9*
1

19

8*4 Sale
3** Sale
23

26

5**
1 *4
*4
3**

Sale
Sale
Sale
4

k

8** Sale
394
4
22

24

"2194

sil
794
20

5

40**
10

22**

6

7

3

494

794
21
6

3

9
22**
6**

4**

Feb.

4

15

1

2^

.g
I*

«
1

1**

39*
694
249*
39*
3994

4**
7**
26
4
42**

6**
19**

9
22
6**

6

Sale

5

Feb.
4
Jan. 31
4*4 Feb. 10
3*4 Jan. 11
14
Feb.
4
14** Jan. 26

Feb.
,

10

24

Feb.

1

5

4*4 Feb. 10
4
3** Feb.
Feb.

2

Feb.

3

16*4 Feb.

5

9

22

Feb. 25

20*4 Feb.

9

40

Feb.

1

40

Feb.

1

40

7

494 Feb. 10

4

Jan.
Jan.

11

4** Feb.

59* Feb.

3

3
8
Feb.
Feb. 25

59* Feb.
65
22

54*4 Feb.

5

Feb.

3
2

10

394 Feb.
94 Feb. 21
1
2** Feb.

15

6

Feb.

23

65

Feb.

8

25**
56**
10**
4*4
**
3**

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

18
14

Feb. 23
3** Feb. 14
3
19** Feb.
9
9** Feb.
79* Feb. 16
3
3*4 Feb.

10
4

Feb.

7

30

Feb.

25
7
1

18

30

30

Feb. 23
7
3** Feb.
8
20
Feb.
Feb.

15

8** Feb. 18
25
7

30

Feb.

2*4
19**
1**
31*4

3
Feb.
3
Feb.
Feb. 10

3
29* Feb.
23** Feb. 21
2

Feb.

4

Feb. 19

34

Feb.

4

12

Feb. 24

12

Feb.

24

29** Feb. 28
4
94 Feb.

29** Feb. 28
Feb.

1

23

"7 94 "Feb".' ""3

§** Feb. "23

5
54*4 Feb.
10
Jan.
5
3
394 Jan.
94 Feb. 21
2** Jan. 25

Feb.

15
11
21
7
27

27

Jan.
Jan.

2*4
19**
1**
31*4

3
Feb.
3
Feb.
Feb. 10
Feb. 19

12

Feb. 24

3

6

Jan.

19

79* Jan. 28
4
39* Feb.

11

16

11

16

294
494
1**
*4

Feb.
Feb.
Feb.
Feb.

2

Feb.
Feb.
Feb,

3

Feb.
Feb.

4

Feb.
Feb.

15
11

17

29* Jan.

4

25

49* Jan. 28
1** Jan. 27
*4 Jan. 10
3
Feb.
4

14

8

Feb.

3

4

Feb.

10

794 Feb.
21

Feb.

6

Feb. 14
Feb. 14
1
Feb.
Feb. 23

Feb.

Feb.

14
25

1

94
2%
694
2194
4**

Jan.
Jan.
Jan.
Jan.
Jan.

41** Feb. 21

40

Jan.

21
6

Feb. 23

25

Feb.

6

24

7

5*4 Feb. 26

Feb.

4

94 Feb.
18** Feb.
2** Feb.

3

22*4 Feb. 25
2
** Feb.

3

20

Feb.

19

3*4 Feb.

11

3
794 Feb.
21** Feb. 23

7** Feb. 23
22** Feb. 18
40

1*4
1**
4**
7**

9

19* Jan.
Feb.

94 Feb.

Feb.

1

22** Jan.

Jan.

3

29** Jan. 24
4
94 Feb.

23

1

Jan.
7
3** Feb. 18

Jan.

10

9

4*4 Feb.

5

13
7

9

Feb.

1

18

Jan.

10

24

1

6
8

28** Jan.
60** Jan.

4

7J* Jan.

15

1
Feb.
Feb. 21
3
Feb.
Feb. 23

13

Feb.

Jan.

Feb.
Feb.

1*4
9*
3**
194

5** Jan.
7*4 Jan.
65

Jan.

1

8

Jan. 10
Jan. 15
4*4 Feb. 10
Jan. 22
1594 Jan. 22
1.894 Jan. 17
239* Jan. 17
40** Jan. 19

4

Feb.

3

8

29
7

30

4

39* Feb.

Jan.
Jan.
Jan.

15
294 Jan. 31
3
19** Feb.
9
Jan.
3

Jan.

29

4

23

3

Feb.
8
Feb. 25

65
22

18

Sale

1

il*
i*4

20*4 Feb.

16

2** Sale
5** Sale
1*4 Sale

2

194
1**
94
49* Sale
594
6**
23
2494
39*
4
40**
42**

4*4 Feb. 10
4
3** Feb.

Feb. 11
8
Feb.
Feb. 23
4
Feb.

19

16

"29* "3"

4

14

194

....

100 Nachman Springfllled com.*
180 National Battery Co pref
*
300 Nat'I Pressure Cooker Co...2
Nat Republic Invest Trust—
810
Cumul. conv. pref..
—*

100
130

25**
5**
9**

%

10*4
3**

3

10*4
1*4
6
Feb. 14
6**
7*4
Sale
103** Feb. 28 105**
Sale

Sale
Sale
Sale
6594 100
22
24
56
Sale

Sale

2% Sale
35
18**
4
3**

5

100
Prior preferred
*
100 Metrop Indust allot ctfs
7,000 Mickelberry's Food Prod coml

100
3,400
23,600
2.000
3,550
2,100
150

11**

394

*

1

6**
100
Sale
59

2*4
19**
2**

*

5

10

*
10

10*4

40

56

10
*

41,250 Marshall Field Ac Co com
10,950 Mer Ac Mfrs Sec cl A com

it*

Sale

25""

*

350 McCord Rad Ac Mfg "A*
»
180 McQuay-Norris Mfg com
*
2,050 Manhatt-Dearborn Corp com*
100 Mapes Cons Mfg capital
*

&
21

5**

*
10

common

49*

25

4**

5

common

Cumulative

8

in
104
24

40

60 Lawbeck Corp 6% cum pfdlOO

4,150

9

94 Sale
15**

1*0*

21

*

com

Sale

4*4
3*4

Kerlyn Oil Co'common A
5
Kingsbury Brewing Co cap.l
La Salle Ext Univ

26

14

850 lefferson Electric Co com...*
300 Joslyn Mfg Ac Supply Co com 5
7,050 Kats Drug Co com
1
2,700 Kellogg Switchboard com. .10
10
Preferred......
100
610 Kentucky Util Jr cum pref.50
370
6% preferred
100

1,550
1,100

8

106

5

....

450
100

19*

24

v t

90
$6 preferred
*
1,550 Iron Fireman Mfg Co v t C...*
3.800 Jarvis (W B) Co capital.....1

1,200

9**
10**

105

c_...*
1,200 Indiana Steel Prod com
1
40 Interstate Power $7 pref..
*

400

:

8**
10**
1 **
5**

..♦

Class B

13
14
4

30

Jan.
Jan.
Jan.

3i*
31*
ll*

Jan.
Feb.

Jan.

15
5
14

10
14
4

Jan.

10
18

Jan.

li

Jan.

19

994 Jan.
494 Jan.

10

24

8

Jan.
Feb.

16
3

10
11

Jan.

10

7

Jan.

5

2

Jan.

s*
hH

10
5
Jan.> 5
Jan. 20
Jan.

Jan.

19

1** Jan.

10
14
Feb.
1
Feb. 23
27** Jan. 12
Fab.

IP

Jan.

19

19

6

41** Feb. 21

794 Feb.

3

Jan.

25

Feb.

24

794 Feb.
3
22** Jan. 19
6** Jan. 13

3*4 Jan.

4

Jan.

3

94 Jan.
18** Jan.
29* Jan.

31

Feb.

19
26

5*4 Feb. 26

National Standard-—

2,500

Common stock..
10
3,250
1,350 National Union Radiocom..l
10.000 Noblitt-Sparka lnd Inc cap 5

150
30

650 North American Car com .20
30 Northern Paper Mills com.*

4,450

10,800 Northwest Bancorp com.
*
300 Northwest Eng Co com.....*

1,550
850

200
60

160 Nor West Utll pr lien pref. lit
400
7% preferred
..lit
10 Okla Gas Ac El 7% pref
100
30 Ontario Mfg Co com........*

240

...

"

20

20** Sale
9*
19

2*4
10
7

10**
32
8

1
Sale

294
14

Sale
12
34
11

20**
94
20

29*
10

7*4
10

21

9**

105

15

21**
1 **
Sale

Sale
14

Sale

21*4

o

Sale

19

294

3
14

10

6**

Sale

13
36

11

13

22

Sale

14

10*4

100

8**

23

15

14

21

10

3

Feb.

1

29* Feb.

1

Feb.

19

10

15

10

694 Feb. 28
9
11*4 Feb.

7** Feb.

14

12

Feb.

10

6** Jan.
11*4 Feb.

Feb.

19

22

Feb.

19

22

9** Feb.

4

11

Feb.

17

22

105
12

20

Jan.

9** Feb

9*4 Feo.

2

9*4 Feb.

2

.

Jan.

100

9*4 Feb.

4

5

23** Jan.
Jan.
23*4 Jan.

,20*

Jan.
Feb.

10
12

12
11
19

9
20

32

ip

Jan.
Jan.
Jan.

4

11

Jan.

8

17 100
13
3

Jan.

17

Jan.

25

Jan.

12

15
19
6

Oshkosh B'Gosh Inc—

140
Common
.*
20
Convertible preferred.---*
450 Parker Pen Co (The) com.. 10
....

20

350
950

1,150 Peabody Coal Co B com....*
700 Penn Elec Switch conv A.. 10
850 Penn Gas Ac Elec A com—
100 Peoples Gas Lt Ac Coke caplOO

200

800
100
40
350

290 Perfect Circle (The) Co
550 Pictorial Pap Pkg com

2,200
1,000

1,050
600

5
1

Pines Winterfront com

Potter Co (The) com..
1
200 Process Corporation com...*

150

50 Pub Serv of Nor 111

"1,130

*

com

3,170 Quaker Oats Go com.

430
50

450
500

360

•

'

2,100
40

700
450
400

2,700
8
700
60

600

For footnotes

Preferred....
100
600
700 Rath Packing Co com
10
1,400 Raytheon Mfg Co com vtc 50c
1,600
6% preferred v tc
5
900 Reliance Mfg Co Common. 10
Preferred
100
90
Rollins Hos Mills conv pref.
Common...
.....1
8,750
40 Ross Gear Ac Tool com—.

6%

79*

794
25

12

149*
9* Sale
15
12**
89*
10**
31
33**
27
28**
3**
4**
1
9*
1
1**
1
1**

nK

1

12

9

11

30

34
28
5

269*

4g

1*1

77

si*

2**

1

12
100
Sale

1

20**

26

22**
11**

340 Signode Steel Strap Co pf.30

23

*

14

1,050

Common..

...

11
4

16

190 Sivyer Steel Castings com...*
South Bend Lathe Wks cap 5
120 Sou Colo Power A common. 25
50 Southw GAtE Co 7% pref.ltO

1,550

see page




56.

II*
sii*
a*

14

2**
95

Sale

3**
105

Feb.

4

94
12**
594
32*4

Feb.

27** Feb. 15

3

1
Feb.
Feb. 15
9
Feb.

Feb.

14

4
11

Feb.

18

89* Feb.

2

Feb.
Feb.

9
7

28

4** Feb.

8

4

Feb.

15

33
28

Feb.
Feb.

7

** Feb.

3

1

Feb.

2

19* Feb.

5

1** Feb. 21
5
19* Feb.

28
4
1

4

1 **
.....

24
12

'"4*4 "5"
22**
11**
8**
17
2

32*4
14

12
Sale
5

105

79*
27**
14
94
12**
594
32*4

** Feb.
14

Feb". "7 "98** Feb". *17
Feb. 28 141
Feb. 10 17**
Feb. 23
29*
4
Feb.
1*4
1
Feb.
10*4

Feb.

1

Feb. 10
2
Feb.
Feb. 17
2
Feb.

97

20**

54

14

98*4 100** 95**
139** Sale 139**
23
18
17**
2
294
2*4
2*4
1 **
1
94
Sale
1094
9**
994

«lVA
Sale
Sale

9**
99

27** Feb. 15

72

98** Sale
126** 142
17

30

14

1,950 Sangamo Electric Co com— *
1,400 Schwitzer Cummins capital. 1
*
1,300 Sears Roebuck At' Co com.
7.550 Serrlck Corp cl B com
I
...

89*

24

1

18

21**
10**

Sale
11

"394 ""4""
23**
12**
12*4
15**
2

94*4

31**
13**
15
16**
29*

Vs Feb.
20** Feb.
21**
10**
54**
3 94

11
7

Feb. 28
Feb. 11
4
Feb.
Feb. 14

Feb.

2

20** Feb.

7

1

Jan.

22

3
Feb.
5
Jan.
Feb. 15
9
Feb.

Jan.

33

Feb.

29

Jan.

13
18
5
9

49* Jan.

9* Jan.

8
31

Jan.

12

Jan.

Jan.

19*. Feb.
81** Jan.

5
6

Jan.

13
8
6

7 141

Feb.
Jan.
Jan.

1

95** Feb.
137

Jan.

16*4 Jan.
2

Jan.

94 Jan.
994 Feb.

81** Jan.
7 10094 Jan.
6
3
3

1

Jan.

27

9* Jan.
20** Feb.

4
7

Feb.

14

Feb.

7

22

Jan.

10

Feb.

4

13

Feb.

21

10

27
4

12*4 Feo. 24

13

Feb.

21

12

17

Feb.

1

14
2

Feb.
Jan.
Jan.
Jan.

98

Jan.

4

; Feb.

10
10

22

Feb.

Jan.

14

5
4

23**
1194
63 9*
49*
22**

16

Jr7A

27** Feb. 15
14** Jan. 26

Jan.
Feb.

98

9*

Jan. 12
Feb. 15

im
u8
99

Feb.

Jan.
Jan.

1** Jan.
20** Feb.

13
1
4

18
17
13
4

15
7

2
Feb.
5
Feb.
Feb. 23
2
Feb.
8
Feb.

21**
10**
54**
394

Feb. 28

27

Feb.
Feb.

1394 Jan. 11
639* Feb. 23

11
4

•8*

Jan.

28** Jan.
17** Jan.

28! 13
3j 17
31

Jan.

Feb.

8

11

14
10

21

Feb.

1

2** Jan.

31

27! 100

Jan.

21

Since
Jan. 1

90 Southwestern Lt Ac Pow pfd.4

70
60

Standard Dredge con*

2,200
7,900
1,100

50

pref20
1

Common

Standard Gas & Elec com...4

100 Stein & Co (A) common.....4
Storkline Fur com
10

100

1,700
2,700
13,500
3,850

1,050
800

4,950
2,000

Sunstrand Mach Tool com..5
Swift Ac Co

25

stk

Swift Internacional

IS

700 Thompson (J R) com......25
2,100 Trane Co (The) common....2
5,250 Utah Radio Products com..4
5
1,250 Utility Ac lnd Corp com
Convertible prefer red.... 7
4,150

150

1,600
2,250
100

1,350

250 Viking Pump Co common...4
Preferred
...........-4
50

90
40

Wahl

800

Co

com

1,250
...
4
6,850 Walgreen Co com
930 Ward (Montgom) A Co cl A.4
4
1,050 Wieboldt Stores Inc com

2,850
460

250

Cum prior

110

50

2*
Sale

39 %

35

1%
1%
18% Sale
137% 139%
12
76

10

3%

com..

4

73

Feb.
4
Feb..15

4

Feb.

1%

24

Feb.

4%
14K
1 %
K
IK
16%
37K

Feb.
Feb.
Feb.
Feb. 15
Feb.
3
Feb.
Feb.

5%
17
1%
Sale

2

16K

23
Sale

37 K

Sale
134
136
Sale
136
11
11
12%
10K
11
79K
76 K
80
96% 76 K
3
3K
3%
3%
3H
19

25

25% Feb.

18

5

2

4%
14%
1%
%
1%
16

Feb. 25

Jan.

Feb.

14

3

11

Feb.

3

Feb.

3

79% Feb.
3% Feb.

11

4% Feb.
4% Feb.

2
7

2

Feb.

7

Feb.

10

Jan.

131

17
11
15

5% Jan. 12
16% Feb. 25
1% Jan. 12
% Jan.
7
2
Feb. 25
18
Jan. 14
37% Feb. 18
8
1% Jan.
20% Jan. 11
6
Jan.
12% Jan. 15
3
79% Feb.
4% Jan. 18

6

3

31 140

10% Jan. 28
Jan. 11
3% Feb. 14

76

3

11
28

Jan.

27

17

1% Jan.
18% Jan.

1
2

4 136

Feb. 14

17

15
15

18% Jan.

14

36% Jan.

1% Feo.
19% Feb.

4

Jan.

13

6
Jan.
3
Feb.
7
Feb.
Jan. 18
6
Jan.

17% Feb.
8
37% Feb. 18

4

2
25

3
3
4

16% Feb. 25
1% Feb.
1
% Feb. 15

Feb.
Feb.

126

28

9% Jan.
16% Jan.
23% Jan.

11

Feb.

Feb.

5

Feb. 25

18

3

IK Fee.
18K Feb.

IK
IK
18 % Sale

Sale

1

Feb.

12% Feb. 28
5K Feb.
7
10% Feb.
8

28

9K Feb. 24
17K Feb.
3

4%
16K
1%

5%

Jan.

10

4

Sale

15
1% Sale
%
%
IK
IK
17 K
22
37%

Jan.

58

2% Feb.

Sale

14 %

72

4

25

Feb.

5

2

Feb. 25

12

12K Feb. 28

73
Feb.
63% Jan.
13
Jan.
3% Jan.
5% Jan.
12% Feb.
6% Jan.

18
10
Feb.
4
2
Feb. 15
3% Jan. 28
12% Feb. 28

Feb.

63% Feb.

2

10

2

Sale

9%

4

8

Feb.

Sale

5%
7
9% Sale
16 % Sale
22%
23%

1

Highest
Sale Price*

10

2%
3K
A*
12 K Sale

if* if*

preferred......4

1,650 Williams Oil-O-Matlc

800

11

4%
14
1% Sale

Lowest
Sale Prices

62K Feb.

63 K
12
Sale

62%

12 %

Highest
Sale Prices

73

90

76
Sale

10%
12
2 % Sale

16

Lowest

Ask

Bid

Ask

Bid

Sale Prices

Feb. 28

Feb. 1

1938
Par

450 St Louis Nat Stockyards cap *

1,250
2,650

;;

STOCKS

Shares

1

Price
Jan. 3

In

February
Share*
70
220

RANGE SINCE JAN.

PRICES IN FEBRUARY

CHICAGO
STOCK EXCHANGE

SALES

AGGREGATE

V

STOCK EXCHANGE

CHICAGO

56

Wisconsin Uanksharea—

7,500
2,850

1,250
1,000
350

2,400
22,650

13,400
*

Woodall lndust com........2

750 Yates-Amer Mach

150

No par

4%
3

.............4

Common

teiiow

Cab Co lnc

1%
9
10%
13% Sale

(Chic)..4

Zenith Radio

value. *

x

4%

4%
4

2%

,9K
13 K

■<-

15

Feb.

7

3

10

Feb.

3

iiiS

16% Sale

18

of

Early in February, however, it was dis¬

being revived on even
a greater scale.
The Ministry of Health made a statement
that the number of houses required to complete the slum
closed that the housing program was

overcrowding relief project was estimated at

clearance and

400,000 and

approximately

would take around five years

The Board of Trade's annual estimate of

Great Britain's

balance of visible and invisible trade in 1937 was

It showed that the net result was
£52,000,000, compared with a deficit of £18,000,000 in 1936, a credit of £32,000,000 in 1935, a deficit of
£7,000,000 in 1934, and an even balance in 1933. The deficit
for 1937 was the largest since 1931, when it reached £104,published in February.
a

deficit

of

The adverse balance of, visible trade in

000,000.

1937 was

approximately £99,000,000 greater than iu
1936, but invisible exports increased £65,000,000 to £395,000,000.
Of invisible items the net national shipping in¬
come was £130,000,000 against £85,000,000 in 1936.
The net
income from overseas investments was £220,000,000 against

£447,000,000,

12% Jan.
17% Jan.

having bought 16% of all American

United States,

the

sold

goods

abroad

1937.

in

Great Britain increased by
Gold

on

from ■'£

imports

States

United

1% to $202,771,000.

amounted

offer in the London market in February

£9,537,000 compared with £9,582,000 in January and with
£9,569,000 in December.
During the month the mean London check rate on Paris fluctuated widely, as in January.
to

(see table below) was between
pound. This compared with
the range in January for the mean quotation of between
147.24 and 154.77.
On Tuesday, Jan. 25, the London check
rate on Paris soared to 155 francs to the pound, record high

The range for the mean rate

for construction.

overseas

22
12
12

Co|P com

(Continued from page 53)

>

10
15

Jan.

2

Ex-dividend.

'

British industry.

5% Jan.
5% Jan.

Jan. 31
4
Jan.
Jan. 28
3
Feb.
reu,
3
Feb.

4%
3%
1%
9%
*/4
12 %

16% Feb. 28

2

11

9

10 K
Sale

4K Feb.
3K Feb.
9% Feb.

4%
4%
3 % Sale
2
2%

5

IK-

3%

1%

5

cap

Sale

151.46 and 154.25 francs to the

The London open mar¬

favoring London and against Paris.

gold price in February ranged between 139s. 7d. and
139s. 10%d.
The American price for gold (Federal Reserve

ket

New York)

Bank of

London

or

continued at $35 an ounce.

market money rates were steady and easy
February.
Call money against bills was in

open

throughout

bills were

Two-, three- and four-mouths'

%%.

supply at

9/16%, and six-months' bills were 19/32%, rates which pre¬
vailed since shortly after New Year's.
Sterling cable trans¬
sold on Feb. 1 at $5.01 1/16@$5.01%, and on Feb. 28
$5.02(5)$5.02%.
The low for sterling cable transfers
was
$5.00 9/16 on Feb. 2, and the high was $5.03% on

£205,000,000.

fers

against £30,000,000.

at

Receipts from commissions were £35,000,000
Receipts from other quarters were un¬
changed at £10,000,000. Gold was not included in the calcu¬
lations, but the silver movement was included in the visible
trade.
The net deficiency was smaller than had been gen¬

Feb. 16.
PRICE

CHECK RATE ON PARIS AND

LONDON

and seemed to give financial London no
for concern.
Nevertheless, the general trend indi¬

OF GOLD

IN LONDON

erally predicted,
cause

explained
part at least the government's decision to relax restric¬

in

tions

foreign lending.

on

On

the

announced that his 1933 price policy was still valid.

ence,

This
and

day President Roosevelt, in his press confer¬

same

followed by a strong upswing in

was

16

Feb.

on

the

cable

rate

sterling exchange,

London

on

reached

a

new

high of $5.03%, the highest since September, 1936.
Gold
sterilization was adopted during 1936 and 1937 as a pre¬
caution against inflation at a time when immense amounts
of

foreign metal were coming to

the United States.

which

began
was

sterilize
amount
ury

in

August,

Under the

1937.

new

program,

made retroactive to Jan. 1, the Treasury

will not

newly-mined and imported gold unless its gross
exceeds $100,000,000 in any one quarter.
The Treas¬

immediately released $30,000,000 of gold sterilized since
gold for future exports

Jan. 1 and decided that it will draw

gold account,
inflate the credit
base while future gold releases will not decrease it.
At the
time of deciding on this policy it was disclosed that domes¬
tic production was averaging around $45,000,000 a quarter,
so that about $18,000,000 a month of foreign gold would be
allowed to enter the credit base together with the domestic

and earmarking out of the existing sterilized
so

that

future

gold

acquisitions

will

the American desterilization action indicated that the measure was regarded as in
Official British comment

output.
line

with

marked

dollar

London

the

easy

on

credit

policy,

but

that

if

a

change in the exchange value of the United States

should

London

London

Check Rate

Open Market

Gold Price

Paris

on

1;'.
l..~

152.74

139a.

7d.

Feb.

15...

152.65

139s.

2_.._

152.77

139s.

9d.

Feb.

16...

152.95

139s.

9d.

Feb.

3....

153.15

139a. lOd.

Feb.

17...

152.94

139s.

lOd.

Feb.

10d.

.

4

152.67

139s.

9d.

Feb.

18...

152.90

139s.

5

152.50

I39s.

9d.

Feb.

19...

152.64

139s. lOd.

Feb.

6....

Feb.

20...

Feb.

21...

SUN DAY

result, London would guard against any ad¬

7

139s.

9d.

152.56

139s.

Feb.

8

152.80

139s.

8d.

Feb.

22.

153.09

139s.

Feb.

9

152.85

139s.

8d.

Feb.

23...

153.78

139s. 10%d.

Feb.

10

152.64

139s..

8d.

Feb.

24...

154.25

139s.

9%d.

Feb.

Feb.

9%d.

—

152.69

-

1

Most of the increase was attributed to large ship¬
ments of cotton, grain, timber products, gasoline and lubri¬

546,000.




was

■'

151.46

139s.

151.48

139s.

9d.

13..1.

Feb.

14-...

SUN DAY
152.15

9d.

139s.

25...

153.81

139s.

26...

153.65

139s.

27...

Feb.

9d.

12

Feb.

Feb.

11

Feb.
Feb.

In

commenting

Federal

28...

the largest single customer

foreign

the

on

of New

Bank

Reserve

lOd.

9%d.

9%d.

SUN DAY
153.40

139s.

9%d.

situation,

exchange

York

said

in

its

the

"Monthly

Review" for March 1:
month

The

dollar

of

February

renewed

saw

weakness of

the

against the majority of the principal European cur¬

rencies,

which continued

after the political crisis in

even

Europe occasioned by the Austrian concession to German
demands and the resignation of Foreign Secretary Eden
from

British

the

Cabinet

in

the

last

week

of

the

month.

The pound

sterling, the guilder, and the Swiss franc reached
their highest levels
since the Tripartite Declaration of
September, 1936, in the middle of the month, and held net

gains

over

franc

showed

the month

developments

as

particular

a

whole, while only the French

weakness

a

as

of political

result

Continent.
The selling of dollar balances by foreigners continued in

February
fears

at

were

the

on

a

felt

higher rate
in

than

in

January,

as

renewed

Europe that the additional work relief

appropriation asked for by the President and the modifica¬

$5.03%

on

Great Britain

SUN DAY

Feb.

plete their pending trade agreement negotiations by late
spring.
An analysis of trade between the two countries in
1937, published by the Department of Commerce on Feb. 16,
showed that United States merchandise exports to the
United Kingdom increased during 1937 by 21% to $534,-

cating oils.

9d.

Feb.

tion of the American

effect

Gold Price

Paris

Feb.

British industry.
On Feb. 16 United States Secretary of Commerce Roper
said that the United States and Great Britain might com¬

verse

on

Im¬

ports of gold declined steadily with the slump in business
which

London

Oven Market

Feb.

Administration made certain
modifications in the United States gold sterilization policy.
Feb. 14 the Washington

On

Mean

Mean
London
Check, Rate

clearly the need for increased exports and

cated

ally lead
the

his

end

of
on

press

tentions

to

gold sterilization policy might eventu¬

further

dollar devaluation.
From $5.01% at
January the pound sterling rose to a high of
Feb. 16, before President Roosevelt's denial in

conference of Feb. 18 of his Administration's in¬
either

to

inflate

or

devalue the

temporary reversal of the movement.
the

guilder

appreciated

from

dollar

Over the

$0.5591

to

induced

same

$0.5616,

a

period

and

the

Swiss franc from $0.2319% to $0.2330%, while the French
franc remained
relatively unchanged near $0.0329.
The
(Continued

on

page

57)

Baltimore Stock Exchange
MONTHLY AND YEARLY RECORD

EXCHANGE

RANGE OF PRICES ON BALTIMORE STOCK

''

Stock Sales

February
Jan. 1 to Feb. 28

AGGREGATE

1937

1938

■

170,141

...

RANGE SINCE JAN.

Since
Jan. 1

BONDS

Feb.

1938

BALTIMORE CITY BONDS-

100 336 • Public Impt
700 4a Sewerage Impt

Ask

Bid

Lowest

11 id best

Lowest

Highest

Sale Prices

Sule Prices

Sale Prices

Sale Prices

Feb. 28

1

Ask

Ask Bid

Bid

101

1940

189,500
46,950
3,500
10,000
1,000
1,000

23

Sale

22

A 5s flat

1975

25

Sale

2436

B 5a

1975

Finance Co of Amer 4%..1942
Interatate Co

1948
5%
1949
1,000
5%....
1950
11,000 Read Drug & Chem 5>^s.l945

10,000
Shares

STOCKS.

Shares

2,172

1st Preferred

▼ t

1.335

357

1,110

2,674
1,100

210
217

*

c

106

5% preferred..
Eastern Sugar Assoc com

...

12

3,285

Houston Oil

4,848

"""427

645

98

265

—

100
1

Common class A

837 Merch A Miners Tranap
880 Monon W Penn PS 7% pref 28

383

70 Mt Vern-*oodI

32

236

27

Preferred

100

149 Northern Central Ry
.10
725 Owings Mills Distillery ....1
•
503 Penna Water A Powei com
.

205
10

*

24

Feb.

1

99% Feb.

16

1
16

64

Sale

Sale

%

1%,
15%

Sale
Sale

17,044

U S Fidelity A Guar.
60 Western National Bank

..

2
20

Feb.

17

Feb.

3

27

1
% Feb.
1% Feb. 28
3
1254 Feb.

16

153-6

1

7%
Sale
36

92

9%

15%

?
-g%
2%
2%
15 %
24

Sale
Sale

Feb.

64

Feb.

1

115

Feb.

5

634 Feb. 28

Feb.

17
1

10

99M Feb.

18

M

1634

3

1654 Feb. 23

2

Feb.

5

6% Feb.
34 Feb.
234 Feb.

4

7

Feb.

4

4

34 Feb.
254 Feb.

4

11

2% Feb.

2

234 Feb.

1

14

6%

%
2% Sale
2% Sale

2%
234

"

2336

45":::::

24%

11

1%
82%
%

Sale
86%
%

Sale
2%

44

2334 Feb. 11
9
234 Feb.

17
17

Jan.

Feb.

17

9036 Feb.

15

Feb.

25

2334 Jan.

21 % Feb.
79
Feb.

25

27

Jan.

15

28

85

Feb.

24

20

9624
99%
9936
9934
101%

Feb.
1 97
Feb. 16 9934
Jan. 27 97%
Feb. 23 9936
Feb. 17 102

2434 Feb.
236 Feb.

28

45

4

15

17
3

Feb.

23

Feb.

1
36 Feb.
134 Feb. 28
3
1256 Feb.

7

Jan.

20

12
Feb. 16
Jan. 27
Jan.

Feb. 23
Feb.

2

1756 Jan.

12

Jan.

11
Sale

4
11

2334 Feb.
234 Jan.

7

45

4

1136 Feb.
134 Feb.

14

19

7

Feb.

19

954 Jan.
134 Jan.
83

65* Y*

11
21

7

Feb.

9

17
5

1736 Jan.
34 Jan.

5

Feb.

Feo.

2

Feb.

45

Jan.

3534 Jan.
936 Feb.

Jan. 21
4
Feb.
4
Feb.
Feb. 11
2
234 Feb.

7

1

17
11
14

13

34
654
34
234

Feb.

3

7
6

234 Jan.
1754 Jan.
2336 Jan.

25

15

14

Jan.

836 Jan.
1834 Jan.

7

9154 Jan.
3234 Feb.
954 Jan.
14

Jan.

1

3 10434 Jan.

634 Feb. 28
16

28

70
7
10 115

61% Feb.
11354 Jan.

1034 Feb.
1% Feb.

.....

10%
1%

21

Feb.

16

1

Feb.

14

16
Sale

14%
24%

Sale

13%

2

3254 Feb.
9% Feb.

.....

6%

10

15

936 Feb.

-----

1534

Sale

15

54

Sale
34

7

834 Feb.

7 10234 Feb.

Feb.

16

9%

72
13 %
32%

21

23

1

32 34 Feb.

25

10% Sale
1%
1%
93%
97
% Sale

1
234 Feb.
1534 Feb. 23

7

102" Sale"

Sale

48

5

21

1734 Sale

10%

14%

25

Feb.

Sale

6

8

Feb.
Feb.

6134 Feb.
11434 Feb.

63% Sale
\14%

114% Sale

1634 Feb. 25

15

23

16%
Sale
Sale
Sale
15

15%
25%
%
2%

6

26

Jan.

3

36 Jan.

7

12
8

Jan.

21

54 Jan.

24

Jan.

8

3

2% Jan,

8

1654 Jan.
2554 Jan.

15
12

Jan.

11

4736 Jan.

27

1154
154
9454
34

Jan.
Jan.
Jan.
Jan.

15
21
7
3

3

Sale"

13%

66

Feb.

26

69

Feb.

66

Feb.

26

75

Jan.

72

Sale

Feb.

1

72

Feb.

72

Jan.

21

72

Jan.

3654 Jan.
1356 Jan.
3236 Jan.

12

37

Jan.

10
21
6

31

1536 Jan.

17

10

33

1354 Feb.

1456 Feb. 23

Jan.

7

No par value

(Continued from page 56)

from

President's declaration and Mr. Eden's resignation brought
about

a

course

decline in

of trading

sterling to

on

a

low of $5.00% during the

Feb. 21, but after the House of Com¬

approved the English official stand on Anglo-Italian
on that day, the fall in the pound came to a

mons

conversations

halt and sterling recovered to

$5.01 7/16 at the day's close,
The Swiss franc

and advanced to $5.02 at the month-end.

the guilder similarly declined from the Feb. 16 highs
$0.2324 and $0.5593%, respectively, at the end of trad¬
ing on Feb. 21, and closed the month slightly higher.
The French franc was maintained close to 152% francs

and
to

pound during the first three weeks in February, result¬
ing in New York quotations ranging between $0.0327% and

per

$0.0331%.

Fresh weakness occurred in the currency djuring
month, when pressure against the franc
became evident.
This pressure was attributed to anticipa¬
the last week of the

tions

in

5

Feb.

9936 Feb. 23
99% Feb. 23
10136 Feb. 17 102
Feb.
2

17

26 Phillips Packing Co., pref. 100
25
95 Seaboard Comm'l Pref

5,647

Feb.

85
97

28

96% Feb.
99% Feb.

-----

Mills Com 100
.....

4,256 New Amsterdam Caaualtv..2
15,985 North Amer Oil Co com

1,362
6,555

Feb.

26

23

114

.100

Mar Tex Oil

13.324

518

Sale

Sale
Sale

65

.*

common *i

1st preferred
Second preferred

23,340
Y

Sale

I

100

preferred

110 Mfra Finance

3,840
3,600

%
1%

1

Preferred

778 Fidelity A Deposit
...
20
461 Fidelity A Guar Fire Corp. 10
142 Finance Co of Am data A...*

275

16

15%

Black A Decker common

...

232

23

Feb.

79

99 34
101%

101%

25

Feb.

20

97

Sale

9936

.50

190 Brager Eisenberg Inc com..50
•
2,106 Conaol Gaa E L & Power

25

7.7

.

Bait Transit Co com t t c...*

2,334
5,355
2,108

97

14%

•

305 Atlantic Coaat L (Conn)

1,976
4,943
1,023

99

Sale

25 36

17
3

Par

Arundel Corporation

3,313

205

96J4

5%

Sale

Feb.

21% Feb. 25

20

'79

Sale

Bait Transit Co 4s flat.. 197*

91

17

17 112
91

Jan.

112

90% Feb. 17

10
17

26 117% Jan.

11634 Jan.

...1961
1,400 334® New Sewerage Imp..1980
9,400 Atlantic Coaat Line 6% ctfa_.

Jan.
Jan.

10 101
17 118

Jan.
Jan.

118

1961

800 City 4a Dock Impt.

"i',56o

1

Price

Jan. 3

In

February

9,400
117,000
24,750
3,500
9,000
1,000

$77,700
209,250

Jan. 1 to Feb. 28.277,350

PRICES IN FEBRUARY

BALTIMORE
STOCK EXCHANGE

1937

1938
$176,650

Bond Sales

February.

89,691

107,377

—

SALES

77

42,101

Shares_

of further franc depreciation

the

which had their origin
12,000,000,000-franc five-year armament program im¬

posed on the French Treasury, in addition to its already
heavy budget expenditures, and in the possibility that any
reorientation of French foreign policy required by the de¬
velopments in England and on the Continent would necessi¬
a realignment in the French Cabinet.
The French sta-

tate

bilizatio fund apparently gave ground under the pressure of
franc

sales, allowing the rate to ease to 154%

francs

per

pound in London and to $0.0325% in New York.
In Latin America, February brought renewed weakness
to several currencies.
The outstanding development was
the further depreciation of the Argentine free peso, which
had, weakened abruptly to




$0,2770 at the end of January

previously maintained rate of $0.2910, apparently

its

owing in considerable part to foreign withdrawals of previ¬
ously acquired peso balances.

While official Argentine peso

buying and selling rates remained unchanged at 15 and 16

respectively, the free peso de¬
The Colom¬
bian and Uruguayan currencies fell similarly during the
month, the former from $0.5650 per peso to $0.5465, and the
latter in the free market from about $0.52 to $0.46.
Quota¬

pesos

to the pound sterling,

clined

to

$0.2625

near

the end of February.

tions for the Brazilian milreis in New York continued to be
nominal within
do

Brasil

a

range

of $0.0580 to $0.0585, as the Banco

maintained strict

control of all

exchange trans¬

exchange at a rate equivalent to
$0.0578 while selling it at $0.0568.
Changes in the gold holdings of the Bank of England dur¬

actions,

buying

dollar

ing February were as follows:
For the week ended Feb. 2,
an increase of £26,061;
for the week ended Feb. 9, an in¬
of £278; for the week ended Feb. 16, an increase of

crease

Feb. 23,
Gold holdings on Feb. 23 stood
compared with £314,333,820 a year earlier,
mum
of £150,000,000 recommended by the
mittee, and with £136,880,252 in the Bank's
£142,122, and for the week ended

£51,218.

increase of
£327,181,245
with the mini¬
Cunliffe Com¬
statement just
an

at

prior to the suspension of gold on Sept. 21, 1931.
Details of the gold movement to and from the Port

of

New York during February were outlined as follows in the

"Monthly

Review" of the Federal Reserve Bank of New

York for March 1:
In

connection

with

the

Treasury's

announcement

on

Feb. 14 of a modification of the gold sterilization program,

(Continued

on

page

59)

Boston Stock

Exchange

MONTHLY AND YEARLY RECORD

-ft.'

•'

RANGE OF PRICES ON BOSTON STOCK EXCHANGE

,

Stock Sales

1938

February
Jan. 1 to Feb. 28
SALES

In

658,322

Jan. 1

%

1,000
9,000

575
60
60

PRICES IN FEBRUARY

i«rA

IHi 1948

Series B 5«

194P

Series D 6s

1948

Shares
STOCKS
p„
825 Amar Pneumatic Service
♦
210
6% non-cum preferred
50
82
First preferred
50

...

33,901 Amar Telep Ac Talag
100
10 Bigelow-Sanford Carp com..*
118 Bigelow-San Carpet pref.100
1,872 Boston At Albany..
100
5,462 Boston Edison Co........100
2,515 Boston Elevated
..._Il00
1,697 Boston Herald Traveler Corp*
1120 Boston & Maine pref stpd.lOO

10
50

1,007
1,940
822

964

iio

242

5

5

1,770

2,770
1,515

800
35

35
238
220
11
203

45
210
11
-

120
66

66

1,063

1,328

Common

............

Preferred

...

150

SSI111 100

Prop Tr

*

...100

common.

2,968 Calumet Ac Hecla
6,158 Copper Range Co
100 Bast Boston Co....

680

2,218
100
502

899

609
226

216

25
25

....._»

1,155
630

833 General Capital Corp...

429

429 Georgian Inc (The) A
580 Gilchrist Co

110

•

pfd.20

...

1,721 Gillette Safety Ra*or"Co" II•
170 Hathaway Bakeries cl A
*

668

110
10

10

630

740

400

650 Helvetia Oil Co tr"ctfs"""l
15 Int'I Button Hole Mach Co. 10

"

1,595

3.795

Isle Royel

♦

Copper........

210
140

275

'.If,
100

Preferred 5%

143 X

Sale

▼ t

c._.*

2,300 Mayflower-Old Col Copper.25
1,758 Mergentbaler Linotype
•
27,516 Narragansett Rac'g Assn Incl

"""767
15,313

860 Nat Service Co com shs t C...1
1,240 National Tunnel & Mines..*

100
270
75

100 N E Gas & El Assn pref
7,190 New England Tel & Tel

2,980

116 New River Co
Preferred
38

20

50
50
468

2,014
260
5
50

2,638
1,367
100

71

250 Old Dominion
1,020 Pacific Mills

200
395

2,835
218

5,670

890
65

2,50

..lfO

Co.........25
ioo

2d preferred

4,206 Torrlngton

60

..25

Co

...

......

(New)

'

200 Union Copper Ld Ac Min Co 25
615 Union Twist Drill
5
5,682 United Shoe Mach
....

Corp._.52

702

Preferred...

12,840 Utah

.....25

Metal 8c Tunnel.

.

1

50 Venezuela Holding Corp
1
127 Vermont Ac Mass Ry Co—.106

1.796 Waldorf System
1,749 Warren Bros

No par value,




....

deposit...__

5,719 Stone & Webster Inc cap stk
170 Suburban Elec Secur com..*

50
111
560

III100

219 Reece Button Hole Mach_.19
150 Reece Folding Mach Co
10
4,979 Shawmut Assn TC_.

35

Inc...

82 Warren (S D) 8c Co
x

Ex-dividend.

1

*

1402* Sale
88
Sale
Sale

Sale

Sale

Sale

Sale

2

83

65c

99c

Feb.

17

Sale Prices
57
Feb. 17

23

63

57

2

1372* Sale

Highest
Sale Prices

4

51c

Feb.

11

80c

Feb. 21

4
12* Feb.
IX Feb.
132* Feb. 25 142* Feb.
4 1402* Feb.
1272* Feb.

57

Feb.

17

60

Jan.

28

65X Jan.

Feb.

"

142*

21

51c

4

Jan.

6

15* Feb.

4

63 X Jan.
75
Jan.

1Y4-

io %

Sale

3X

Sale

Sale
Sale

80c

Feb. 21

ilS

Jan.
Feb.

3

13

1

§2*
4M

m
i*

6

"12"

10
70

80

1%

2%

7

Sale

4% Sale
35c

70c
Sale
50

27%

Sale

Jan.

11

3
24

112*
15%

15
16%

27^1
IX'■
6%

28c

2
72*

45c

45c

50c

18

22

~13% "18"
6

IX

2
25c

24

Sale

3X
12Hc
IX

4
25c

1X
Sale
10

22*
Sale
Sale
5

30c

"15"

202* Sale

22*

2p
10*

Sale

91c
35

11

21

Feb.

15

21

Feb.

15

21

25

88

Feb.

3

85

Feb.

25

94

28

962* Feb. 11

92

5 124

1142* Feb.
492* Feb.
19

1
4

Feb.

Feb.

24

502* Feb. 18
1
202* Feb.

32*

32* Feb. 24
22* Feb. 25
102* Feb. 16

Feb.

3

4

22* Feb.

8

4

Feb.

26

7

"42*

22* Feb.
32* Feb.

4

3

2 2* Feb.
Feb.

42*

2

12*
42*
12*

Sale
Sale

3

1

8

Sale

52*

Sale
75c

22* Sale
492*
50
28 2*

sl*

3

82* Sale
52*
62*
35c

9

75c

22*
32*
492* Sale
272*
28
80c
12*

2

Feb.

3

3

5

Feb.

1

Feb.
Feb.

3

Feb.

3
4

Feb.

25

2

Feb.

3

92* Feb.
60

Feb.

3
4

xi*

8

66

12* Feb. 23

72* Feb.
52* Feb.
70c

Feb.

22* Feb.

3
4

24
1

48

Feb.

14

26

Feb.

3

Feb.

11

Feb.

25

92* Feb. 24
7

70c
3

Feb.

23

Feb. 24
Fetf.

25

Jan.
Jan.

32*

32* Feb.

5
60

AM

53c

14

32* Feb. 17

20
12

Feb.

18

16

Feb.

27

Feb.

3
4

12* Feb. 10
62* Feb.
92* Feb.
12* Feb.

3

13

Feb.

16

182* Feb. 26
27 X Feb.
2
12* Feb. 23
3

Feb.

28

Feb.
Feb.

il»

Feb.

7
7

Jan.

7

12

Feb.

18

155* Jan.

4

27

12*
62*
92*
15*

Sale
29

24

Feb.

7

40c
48c

35c

50c

35c

Feb.

10

35c

Feb. 10

27c

40c
19

50c

40c

Feb.

8

40c

Feb.

8

40c

12* Feb.

1

15J*

22*
40c

23
Sale
15c

22*

182*
Sale

IX
20c
22

8

2

22*

7

15c

22*

22

24

92

Sale

10

5

60

70

22*

56c

40c
14

22*
55c

Sale
Sale

18

Feb.

Feb.

3

12* Feb. 11

4

7

7
7
19

26

1

19

12* Jan.

Feb. 23
Feb. 25

20

Feb.

10c

20

Feb.

21

42* Feb. 23
15c

Feb.

12* Feb.

5
4

19
89

Feb.
Feb.

4

68

Feb.

21

12* Feb.

7

16

23

Feb.

2

55* Feb. 11
15c

Feb.

5

22* Feb. 19
23

Feb. 23

20

Jan.
Feb.

35* Jan.
10c
Jan.
15* Jan.

1

19
89

68

Feb.

21

65

AM

Feb.

2

60c

Feb.

9

5

Feb.

5

Feb.

15

3

972* Feb.

49c

Feb.

4

3

5

3

35c
14

40c

Feb.
Feb.

8

32* Feb. 19

4

Jan.
Jan.

12* Feb. 11

3

Feb.

42*

3

3

16

23

7

18

42*

152*
222* Sale

4

10

Feb.
Feb.
Feb.
Feb.

Jan.
Jan.
132* Jan.
62* Jan.
18
Jan.

10

75

24

Feb.

Feb.

19

12* Feb. 18

40c
Sale

42* Sale
12c

4

23

232*

31
3

15* Jan. 28
4
25* Jan..

11

212* Sale

Jan.
Jan.

12* Feb.
42c

6

31
14
4
8

4

.7
3

15

30c

Feb.

15

30c

IIU

Feb.

24

Feb.

25

Feb.

7

122* Feb.
9
192* Jan. 28
22* Jan.
5

Feb.

1

19

19

232*

22*
92*
82*
75c

22*
Sale
Sale

2

92*

22*
Sale

9

Sale

90c

75c

90c

75c

Feb.

7

45

35

51

40

Feb.

19

Feb.

1

22* Feb. 17
92* Feb. 16
4
72* Feb.

22* Feb. 17
102* Feb. 23
92* Feb. 23
75c

Feb.

Feb. 15
Jan. 20

Feb.

1

22* Jan.

10

9

Jan.

5

72* Jan.

27

7

75

Feb.
Feb.

7
5
14

5

40

Feb.

5

40

262* Sale

252* Sale

252* Sale

242* Feb. 14

26

Feb.

2

25c

35c

25c

35e

25c

242* Feb.

25c

Feb.

18

25c

Feb.

19

20

21

20

19

Feb.

3

202* Feb.

18
5

682* Feb. 28
392* Feb. 23

Feb.

3

18
19
3
682* Feb. 28

402* Feb.

9

382* Jan.

192*

712* Sale
382* Sale

392*

90c

95c

1
100

Sale

12*

20

Sale

32*
23

682* Sale
40

1

41

12*

"72* "72*
32*
212*

Sale
Sale

90c
55c

Sale

96

12*

107
Sale

■M

70

35c
Sale

101

8
3

232*

90c

12*
82*
32*
27

96

Feb.
3
Feb.
3
Feb. 24

72* Feb.
22* Feb.
212* Feb.

4
4

1

71

Feb.
7
3
12* Feb.
97
Feb.
9
82* Feb. 24

32* Feb. 17
252* Feb. 23

25c

90c
1

Feb.
Feb.

Jan.
Feb.

96

Feb.

7

Jan.

22* Feb.
20

Jan.

Jan.
13
Jan.
Feb.
18* Jan.
30
15* Feb.
Jan.
10% Jan.
Jan.
24
Feb.
35c
Jan.
Jan.
Jan.
Jan.
Feb.
9
Jan.
22
Jan.

19*
iVA

22* Jan.
26c

15c

JM

23

8

30c
Feb.
12 2* Feb.

32*
Sale

20

68

3

9

13
22

4 102

19

3

22*
79c
5

35*
30c

162*
245*

JM
20
22*
102*
112*
91c

i^M
27
25c

202*
772*
412*
12*
12*

3
3
24 103
3
4

7

5

Jan.
Jan.

26

Jan.

Jan.

SH Jan.

2*

27

35* Feb.

6

13

105* Jan. 11
11
AM Jan. 24
70c
Feb.
3
Jan.
3
512* Jan.
7
302* Jan. 21
Feb. 14
23 4 Feb.
3

5

16

6
14
5

4
Feb. 26
4
25* Feb.
42* Jan. 11
32* Jan. 18
3
Feb.
3
5
Jan. 31
32* Feb. 25
122* Jan. 11
75
Jan.
6
IX Feb. 15

24

15

4
192* Feb.
32* Feb. 23

i§*

5

31

7
15

5
25* Jan.
32* Jan. 28
Feb. 25

21

Feb.

AM
19

35

Feb.

5* Jan.

20

42* Sale
32*
5
30c
13

2

3

29

7

972*

Feb.

Feb.

45

Sale
172*

1

16

32*

12*

4

3
24

2

18

AM

25* Feb.

4
24
14

5

4

Feb.

Feb.

2

8

11c

62* Jan.
42* Jan.
70c

Feb.

23

22

222*
42*

23

48

14

18

IX

8

12* Feb.

26

18

■"52* "62*

4

Feb.

Feb. 23

Feb.

142*
182* Sale
292*

3

6

50

Feb.

13

92* Feb.
60

IX Feb. 15

18

192* 22
12* Sale
152*
18

20c

Jan.

7
31

2

4

20
30c
40c

3

3
8

3

77c

112*
152*
162* Sale
272*
2
12*
7
72*
92* Sale
12*
2 2*

22* Feb.
22* Feb.

3
25

Feb.

22
8

20

Feb.

Feb.

6

35

8

5

3

2

20

Jan.
22* Jan.
32* Jan.
22* Feb.

3

8

18

19

3

282* Feb. 25
12* Feb. 14

Sale

482* Jan.

Feb.
Jan.

4 1082* Jan.
12 1222* Jan.
3
56
Jan.
3
202* Jan.

3

Feb.

10

35c

17

Jan.

Feb.

"62*

65

12*

8

912* Jan.
118

Feb.

12

18

ii*

15

Feb.
Feb.

9
32* Feb.
22* Feb. 25

"iF

7
22

14

Feb.

32*

70

3%

42*
32*

Sale

10

25

aV*

Sale

60

Sale

42c

502*
19H

Sale

14
3

1275* Feb. 4 1495* Jan.

3

3

992*

922* Sale
122

19
lo

65^Jan!2l

85

85

32*
42*

Sale

*

I.""*
com

60

70

192*

Lowest
Sale Prices

Highest

Sale Prices

62 J* Feb.

57
60

AM

Sale

iB"
n*

100

4,847 Pennsylvania RR
3,295 Quincy Mining Co

27

1,037

100

Sale

94

joo

Certificates of

RANGE SINCE JAN.

Lowest

Ask

70

Sale

*

.

com

1,183 N Y N H Ac Hartford
23,720 North Butte....
601 Old Colony....

$29,300
143,650

21
85

..100

925 Mass Util Associates

225

•

iiM

38

98 Loew s Theatres
548 Maine Central.......

50

,

60c

2
193*

Preferred..........
Class B

60

70 X

80c

.......100

Economy Grocery Stores" I*
2,598 Employers* Group Assoc T C*

57

IX
12%

Feb. 28

Ask Bid

63

55c

& Fuel Assn com

160

Bid

70

Preferred B__..........100
Adjustment
HHIlOO
2,450 Eastern SS Lines, IncIIH. *
Preferred
*
50

"""160

450

62%
80

100
698

150
515

5,386

60

72 X
78

740
+%% Cum Prior pref...100
684
6% Cum preferred.....100
740 Bast Mass St Ry Co
100
First preferred
314

388

551

Ask

.108

Prior pref
ioo
Class A 1st pref
stampedltO
let preferred class A
100
Class B 1st pref
stamped 100
Class C 1st pref
stamped 100
1st pref class C
100
Class D 1st pref
stampedlOO
1st pref class D
100
Boston Personal

99 Boston Ac Providence
150 Brown Ac Durrel Co

43

Feb. 1

1938
Bid

14,250

19,503

Jan. 1 to Feb. 28

1937

$10,000
22,850

Price

600

Share*

1938

Jan. 3

BONDS

S
8,000 East Man StRR

Bond Sales

February

1,514,381

BOSTON
STOCK EXCHANGE

Since

February

1937

309,068
745,198

Shares.

AGGREGATE

*.

82*
42*
252*

Jan.
Jan.
Feb.

Feb.
Jan.
Feb.
Jan.
Jan.
Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Jan.
Jan.
Jan.
Feb.
Jan.
Jan.
Jan.
Feb.

13
7
16
26

13

23
14
12

10
7
31
14
26

28
23
27
15

12
11

10
11
5

18
23

6
26
21
12
10
5
27
20

11

17
10
7
17
23

12
18
5
17
18
5
12
31

10
3

7
6

13
23

RANGE OF PRICES ON PITTSBURGH STOCK EXCHANGE
Stock Sales

71,141

342,055

194,247

AQGREQATB

J

713,696

Jan. 1 to Feb. 28--

Since
Jan. 1

February
%

BONDS

1949

Ask

Ask Bid

Bid

Lowest

Highest

Lowest

Sale Prices

Sale Prices

Sale Prices

Feb. 28

Feb. 1

1938
Bid

2,802 Allegheny Steel

50

50

Ask

17% Sale

...

15% Sale

16% Sale

3

15% Feb.

108

Preferred...

Feb.

zl05

Feb. 24
Feb. 15

18

15 zl05

"§":::::

2.072 Armstrong Cork Go.........*

5,807

Blaw-Knox Co

*

.....

648 Byers (A M)

45

165

1.264
210

32 %
12

Sale

32*$

Sale

34

Sale

12

Sale

13% Sale

•

7

7

657 Devonian Oil.............10

19

20

1.757 Duquesne Brewing
562 Follansbee Bros pref

1,685

2,455

5
100
——1

....

Fort Pitt Brewing
66 Harb-Walker Refrac com...*

66

75 Horne (Jos)

common

\%

4

Feb. 24
Feb. 24
9
Feb.
8
Feb.

34%
13%
9%
1%

3
3
4

Feb.

3

4

Feb.

3

6% Feb.

4

8

Feb.

24

2

2

4

5

2% Sale

19%
12% Sale
8

70c

10

75c

10
Sale

12*$

14

M

JX

75c

85c

Feb.

24

2% Feb.

2

20% Feb.

2

1
2

mmmm

660

1,477 Koppers Gas Ac Coke pref. 100

3,067

-.*
8,549 Lone Star Gas.......
1,200 McKlnney Manufacturing..*
..6
1.528 Mesta Machine...
9,299 Mountain Fuel Supply.... 10
5.714 Nat Flreprooflng Corp com.5

20 Penn Federal Corp common.*
10
4H% Preferred........50

2,616
1,054

1,500

4,000
1,000

500
682

35

70c

Feb.

Jan.

Jan.

Feb.

1

13

Feb.

12% Jan.
7% Feb.

Jan.

18

Jan.

13
28

9% Feb.
80c

15

Sale

Jan.
Jan.

25

70c

Feb. 24

7
3

58

5%

2
8% Feb.
1% Feb. 18
41% Feb. 25

7
3

Feb.

Jan.

7% Jan.
1% Jan.
35% Feb.
5% Feb.

Jan.

17

Feb.

18

Jan.

Jan.

14

Jan.

18

2% Feb. 28

5%

6
2%

Jan.

64% Feb.
100% Jan.

3
7% Feb.
1% Feb. 25
3
35% Feb.

7% Sale
1%
1%

5% Feb.
2% Feb.

Sale

3

Feb.

6

2

IX

25

Jan.

24
15

Jan.

17

Jan.

12

Jan.

Jan.

8

4c

6c

4c

Feb.

ii

5c

Feb.

4c

Jan.

Jan.

10

..........1

5c

10c

5c

Feb.

i

5c

Feb.

5c

Feb.

Jan.

12

2% Feb.

i

3

Feb.

Preferred

Renner Co

.............

3

2%

2% Sale
24

24

27

4§a

25

Feb. 24

IX Sale
86% Sale

7%

Sale

7%

7%

Sale

11

*

Feb.

1

1%
2%

IX

-.1

84

1
8% Feb. 24
1
8
Feb.

Feb. 18
1
6% Feb.
7 % Feb. 24
4
16% Feb.

79

80% Sale

8

11

II5
lc

2c

2c

3c

2c

2%

2%

2%

3

2% Feb. 18

.10

7

*

1,419 United Engine At Fdy
1,100 United States Glass.....

1,980
2,159

4,180 Victor Brewing Co......
5.192 Westlnghouse Air Brake.
1,247 Westghouse El Ac Mfg....

lis
.25

8

9

33

Sale

Feb.

Sale

Is* 100% Sale

10

Jan.

10

Jan.

13

1

Feb.

Jan.

2

J an.

Jan.

10
14

14% Jan.

Jan.

20

Feb.

24

lc

Jan.

12

2% Jan.

Jan.

Jan.

Jan.

3

Jan.

24

Jan.

12

4

33% Feb.
1% Feb.

7% Jan.
30% Jan.
1% Jan.

2

Feb.

17

31% Feb.
1% Feb.

Sale

1%

IX

8

3

3

60c

8

Feb.

Jan.

14

Feb.
Feb.

8

39

Feb.

39

Feb.

Jan.

7

4

65c

Feb.

60c

Jan.

Feb.

15

25% Sale
96*1 Sale

21% Feb.

4

21

Jan.

Jan.

12

88

Feb.

Jan.

10

112

Jan.

Jan.

10

2% Sale

1% Feb.

1% Feb.

Jan.

10

39
65c

Jan.

7% Feb.

Feb. 24

3

3
12

7

7%
9
30% Sale
1% Sale
60c
24

2c

12

Jan.

Feb.

6% Jan.

Sale

455 Vanadium Alloy Steel...

III

Feb. 24

79

16% Feb.

2
1% Feb.
2% Feb. 12
14% Feb. 23

1

..1

Feb.

18% Feb. 21

2
2% Feb.
14% Feb. 23

-1

637
400
100

Jan.
Jan.

Jan.

1% Jan.
84

6% Sale

7

Jan.
3
Feb. 24

2% Jan.
22% Jan.

25% Feb.

7

340 Standard Steel Spring...

718

Feb.

21% Feb.
11% Jan.

Feb.

21 % Feb.

35

2,100 San Toy Mining.........
5,411 8hamrock OH At Gas.....
1,000
6% Preferred
...

""iOO

Jan.
Jan.

13
7
4
15
29

6c

290 Reymer Ac Bros common.
200 Ruud Mfg..............

1,622

Jan.

Sale

3,050

50
100
900

Feb.

5c

200

430

Jan.

Jan.

4c

209

1,087

Jan.

Jan.
Feb.

12
15
17
8

Phoenix Oil com........-25c

Pittsburg Brewing—.......*
779
Preferred
•
130 Pittsburgh Forgings.......l
111 Pittsburgh Oil At Gau.......S
1,353 Pittsburgh Plate Glass
25
*
4,018 Pitts Screw At Bolt Corp
965 Pittsburgh Steel Foundry..*
415 Plymouth Oil Co...........5

740

Jan.

19

3
1
40
Feb.
Feb.
64% Feb. 18 68% Feb. 26
2
Feb.
100% Feb. 28 102

40

100%

101*$ 102

*
I

1,167

118

Jan.

20% Jan.

24

554

Jan.

Jan.

17
15
8
6

1% Jan.

Sale

2

600

100*$ Sale

Jan.

7

21% Feb. 24
35

Feb.

cl05

Feb.

..100

66 Jeannette Glass preferredlOO

21% Jan.

Feb.

Jan.
Jan.
Feb.
Jan.
Jan.
Jan.

20

3
19% Feb.
12% Feb. 14
7% Feb. 17

19%
12%
13
9% Sale
70c
75c

38 Jones Ac Laughltn St'l pref 100

19

Feb.
Feb.
Feb.
Feb.

20% Feb.

50

.....

30%
11%
8%
1%

7% Sale

"527

150 CrandaU McK Ac Hend

IX
4%

1%
4%

1% Sale
4
8% Sale

3%

323 Consol Ice Co Preferred....*
166 Copperweld Steel
10

776
217

Sale

*

15.020 Carnegie Metals............1
1.845 Clark (D L) Candy
...*
*
4.257 Columbia Gas Ac Electric

4,330

•

15% Jan.
xl05

3%
6%
30%
]1%
8%
1 %
3%
6%

...

484

Highest

Sale Prices
Dec. 13 111
Mar.
4

108

107

...100
125 Arkansas Nat Gat Corp „.._*
93
Preferred
..10

2,065

1

STOCKS

Sharer

809

RANGE SINCE JAN.

Price
Jan. 3

*7,000 Pittsburgh Brewing 6s

Shares

$7,666

__

PRICES IN FEBRUARY

PITTSBURGH

SALES

STOCK EXCHANGE
In

1937

$1,000
2,000

February

Shares

Jan. 1 to Feb. 28

1938

Bond Sales

1937

1938

February

65c

70c

65c

22% Sale
93% Sale

60c
88

26% Feb.
4 100% Feb.

Feb.

UNLISTED.

10 Lone Star Gas *%% pref. 100
1
1,424 PennroodCorpvte

594
*

No par value

x

112

112

2X

Sale

(Continued from page 67)

on

Feb. 15 by $24,000,000, representing the net

of

gold

Dec.

31,

from

acquisition

be given

for which he said credit must

to the operation of the tripartite currency agree¬

ment.

both

sold to the stabilization fund to offset sales

was

in the previous year,

than

increased

foreign and domestic
sources, which had not previously been added to the gold
stock.
The inactive gold account
(which forms part of
the monetary gold stock) was reduced to $1,213,600,000 on
Feb. 15 by the release from the account of $9,700,000, most
of which

2% Feb. 10

Ex-dlvldend.

the monetary gold stock of the United States was

since

8

CONTINENTAL AND OTHER FOREIGN EXCHANGE

francs showed

French

greater

part

of

marked

February.

weakness

Fluctuations

throughout the
were

noticeably

wide, as shown especially by the relation of the franc to

sterling, which has

been pointed out above in the resume
It would seem that the stabilization

to foreign accounts by the fund since

of sterling exchange.

and

funds

was

the first of the year,
further reduced by $13,000,000 on Feb. 26 to offset

Feb. 15.
Preliminary figures of imports during February show
receipts of $1,100,000 from Australia and $275,000 from

sales to foreign accounts subsequent to

India.

As

result of the

a

above transactions and receipts

experienced the greatest difficulty in moderating the

pressure
in the

the

Feb.

France

Canadian exchange fluctuated within narrow limits dur¬
of

into

G. F. Towers, at the annual meeting of
Feb. 22, called attention to the fact that fluc¬

the Bank on

tuations of the Canadian dollar during 1937 in terms of the
United States dollar and the pound sterling were narrower




Treasury
to

had drawn gold

replenish the

increased

heavily from the Bank of
fund.
Later in the

stabilization
as a

result of Chancellor Hitler's

apparent dominance over Austria.
was

Bank of Canada,

government which occurred at the end of January.

month pressure

ing February.

Montreal funds ranged between a discount
3/128% and a premium of 5/64%. The Governor of the

In the early part of the

Renewed pressure was likewise due to the realization that

of

$7,000,000 .from foreign and domestic sources since
15, there was a net increase of approximately $18,000,000 in the monetary gold stock during February.

undergone by the franc.

month pressure developed as a consequence of the changes

clear that French funds had
other

currencies,

into

a

Throughout February it
strong tendency to move

guilders,

Swiss

francs,

and

especially sterling.
On Feb. 8 the new Finance Minister,
M. Paul Marchandeau, announced that sweeping financial
reforms designed to restore confidence and aid French busi(Continued

on

page

63)

,:.r

Detroit Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON DETROIT STOCK EXCHANGE
Stock Sales—

February....
SALES

AGGREGATE
In

Shares

STOCKS

4,699

16,736

Baldwin Rubber common..

1

590 Bower Roller Bearing

Biu

Feb.
Ask

% Sale
%i Sale,

65/*

5

6,727 Brigga Mfg Co common.
*
3,851 Burroughs Adding Mach.
11,264 Burrv Biscuit Corp
12He

7,734

647,826

1,323,229

RANGE SINCE

JAN.

1

3

1938
Par

5,540 Allen Elec & Equipment
1
14,125 Auto City Brewing common. *

1,611

---..Shares.

Price
Jan

1,900
3,650

~2l686

1937

1938

Jan. 1 to Feb. 28

PRICES IN FEBRUARY

DETROIT
STOCK EXCHANGE

Jan. 1

Shares

Stock Sales

»

693,777

206,484

Since

February

1937

1938

-

..Shares.

Sale

1
57c

7%

J

16

20

1%

2%

8
22%
-----

h

Highest

Lowest

Highest

Sale Prices

Sole Pries

Salt Prices

8

2K

1

Feb.

16

7% Feb,

Sale

Feb..

5

8% Feb. 23

20% Feb.

Sale

1

50c

1%

1%

4

24% "Feb" 23
18% Fej. 15

1% Feb.
59c

Feb.

17

26

18%
2%

% Jan.
% Jan.

2

18
22

16

2

Ask

53c

59c

20

"16"' III"

Lowest
Sale Pnces

Feb. 28

1

Ask Bid

Bid

7

5
4

7
28

17

Jan.

26

Feb.

3

Feb.

18

2

Feb,

3

3

Feb.

23

2

59

Feb.

23

48

Jan.

15% Feb.

2

14

1% Jan.
% Jan.

19
15

Jan.

9% Jan.
21% Jan.

15

26

Jan.

15

20% Jan.
3 % Jan.

13

62% Jan.
15% Feb.
1 % Jan.
4% Jan.
15% Jan.

Jan.

18% Jan.
20% Jan.

18

Sale
3

3

17
2
3
17
27

10

11

Chamberlin Metal Weather

Strip Co

Chrysler Corp common.... 5
3,006 Consolidated Paper com
in

2,486
-

5

common

2ll34l

"91118

500 Continental Motors com._
350 Crowley, Milner & Co com.

""Ho

I
•

48% Sale'
14

Sale

IK Sale
3 K
3K

528 Cunningham Drug Sts..2.50

185

Deisel Wemmer Glib

"

6~,605

"i",66o

Paper Products.....

.1K Sale
93%
1% Sale
2 K Salo
2%
3

Steel Corp com

12

Edison

IP"

com

Gray Iron Fdy
Mich Stove

1
I

common.

.5

17

700 Eureka Vacuum Cleaner...."

"

1,225
1,163

2,905 Ex-Cello Corporation
2,780 federal Mogul common....
1,755 Pederal Motor Truck com

400

200 federal Screw Works

"

"l',395
4,101

"""ioo

""loo

2,035
10,516
7,100
5,356

5,025
30,216
23,955
31,843

8

*

2%

I

IK

1

620

13

542

1,475

18

3%
29%

I

3

Sale

I

IK
%

Sale
K

*

2 K
7%

common.

com

Hoover Steel Ball

in

com

10%

Hoskins Mfg Co common.2.50

"3",620

2.714

Class B

*

7

21,591
6,875
7,954
1,400

2%

...

8,815
2,450
3,625
225
56

Kingston Products Corp

I

Kinsel Drug Co com.......I
Kresge (8 8) Co com
in

Lakey Fdy & Mach

I

common

141 Mahon (R C) class A pref..."

3,170

11,110

450

Masco Screw Products.....

1

750 McAleer Mfg Co com........ *
20,861 McClanahan Oil Co com.... I

5,423
1,600

8,450 McClanahan Refineries.....

990

990 Mich Steel Tube Prod

700

1,550
1,390
4,705
4,855
31,456

600

1,900
1,870
9,090

Michigan Sugar com......

■

.

Preferred.
l«
Mlcromatlc Hone Corp.....i
Mid-West Abrasive

19,525 Murray Coro

.!<'

common..

19,795 Packard Motor Co
10,052 Parke Davis Ac Co

"i",320

'

com

com.

2.50

4,208 Parker Wolverine Co com
17,683 Peninsular Metal Products.
3,570 PfMffer Brewing Co com
4,044 Prudential Investing Corp

6,910
955

•

675

1%
IK

.8
Sal*
1%

12.344
298
210

5

5%

4%

2

•

..

17,000 Ttvoll Brewing Co

>

1,210

1,607 Union Investment Co com..
3,865 United Shirt Distributors.
United Specialties com

""loo

"""loo

700

2,000
10,763

4.328

For footnotes see page 61.




2/v

3%
Sale

_

21%
8%
8

52c

2%
52c

16

1%

1%
93%
1%
2%

3

28

4%
1%

Sale
34%

12%
9%
2%
1%
8%

3%
35

Sale
Sale

3%
13%

14

Feb.

Feb.

-----

Sale

26%
3%
34%
3%
1%

2% Feb.
2% Feb.
15

19%
Sale

Feb.

1

1% Feb.
9
2% Feb. 10
3% Feb. 21

Feb.

15

Feb.

10% Feb.
9% Feb.
3% Feb.

12% Feb. 26

1

Sale

2

75c

-----

1%

65c

2

%

16

Sale
24

3

18
90

10

3%
4%
1%
1%

-----

5%
3 K

7K
Sale

5%
4%
5%

.11

"34"

<25

3%

4H
1%

2 %

Sale

-

110
Sale

5%
4%
34

Sale
5%

Jan.

15
12

16

13% Jan.
10% Jan.
4% Jan.
4% Jan.
1 % Jan.
10% Jan.

5% Jan.

3

7% Jan.

12% Feb.
3% Feb.
29% Jan.

25

10% Feb.

Feb.

4

6% Feb. 23
Feb. 25
Feb.
4
Feb. 23
Feb. 26
Feb. 10

1

10
4

70c

Feb.

16

2% Feb.

14

3

Jan.

3

1% Jan.

21

% Jan.

5

2% Feb.

3

12

12
10
12

13

11

12% Feb. 25
4% Jan. 11
38

Jan,

3% Jan.
I % Jan.
70c

15

11

10

Feb.

16

11

7

3

Feb.

17

7

3% Jan.

Feb.

5

11

Feb.

3

10

Feb.

5

12% Jan.

17%

13

17

16% Feb.

2

15

Feb.

17

Jan.

12

8% Jan.

4

7

Jan.

3

11% Jan.
9% Jan.

13
13

% Jan.

6

% Jan.

^

2%

15

3

3% Jan.
% Jan.
18% Jan.

10
10
12
12

10% Feb. 14
8% Feb. 23

7% Feb.
Feb.

60c

25

3

2% Feb.

Feb.

Feb.

10

2%

Tan.

17

50c

Feb.

59c

Feb.

25

50c

Feb.

3

17

Sale

Feb.

18% Feb.
2% Feb.

15
3

16% Jan.
2% Feb.

3

3% Jan.

19

Feb.

11

18

9

1% Feb.
1% Feb.

1
4

lO
17

2% Feb.

19%
1%

18

1% Feb.
1

1

Feb.
Feb.

1%

37c
97c

Feb.
Feb.

6

Feb.

62c

Sale

-----

Feb.

Feb.

1

37c

Feb.

1

Feb.

1

7% Feb.

14

6

7

4

Feb.

14

1% Jan.

1% Jan.

42c

5

4%
Sale
Sale

Jan.

27
6

1% Jan.

11

Feb.

4

14

2

7% Feb.
% Jan.

5

5

Feb.

21

66c

Feb.

24

62c

Feb.

5

Feb.

21

4

4% Feb.
1% Feb.
1% Feb.

26
10
9

3%
3%
1%
1%
18%
12%

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

Feb.

1% Feb.
1% Feb.

6%

5% Feb.

3

6% Feb.

23

4%
37
18
10

Sale
37%

4% Feb.
32% Feb.

1

4% Feb.
37% Feb.

"9% "Feb". 16 "16% Feb."

11

2% Sale
6% Sale
1%
2

2% Feb.
6% Feb.
1 % Feb.

2%
3%
3%

3 % Feb.

21
18

18

2% Feb. 21

3
Sale
Sale

18

20
94

90

Feb.

12

12%

11% Feb.

'

Sale

109

105

4

Feb. 14
Feb. 25
3
Feb.
9
Feb.

3%
25%
2%
18%

28

3

Feb.

2% Feb.
6% Feb.
2% Feb.

2

25
3
9
28
9

2% Feb. 24
3% Feb. 23
3% Feb.
1
27

Feb.

8

3% Feb.

24

6

% Jan.

3% Feb.

75c

5

19% Jan.
1% Jan.

5% Jan.
10

3%

21%

5

3

21

93

Sale

Sale

6%

25

27

10
109

•

Sale
Sale

5

10

3%
8%
Sale

3

4
4%
1%
Sale

-----

10

Jan.

Feb.
Jan.
Jan.
Feb.

Feb.

56c

52c

Sale

2%
3%
3%

Jan.

3%
4%
1%
8%

2

8$
Sale

3%
3%
1%
,1%

2

11
13

16

14

18

10

6%

Sale
5%
2%

3% Jan.
3 % Jan.

24

3

Feb.

3

Feb.

38c
97c

2 %

5

12
11

Jan.

Jan.

12%
3%
36%
3 %
1 %

Feb.

44c

16% "II"

3

8

Jan.

2

15

3% Feb.

12% Feb. 25
3% Feb. 14
3
31% Feb.

9

Sale

4%
Sale

Jan.

2% Jan.

3

8

1% Feb. 24

15

Sale

4%
32%

2

3
1 % Jan.
16 108
Jan.

10

9

Sale

7

Sale
10%

Feb.

1% Jan.

Feb.

10

1 % Feb.

13%
3%
Sale
Sale

16

97c

6%

1% Jan.
90

4

5

1% Feb.

17

2%

1

Feb.

14

20

57c

60c

3

1% Jan.
3% Feb.

34%

—

2%

Sale

Feb.

8% Feb.

Sale
Sale

2%
10

58c

60c

14

95

1 % Feb.

7

16%
-----

"3% "Feb" 18

1% Feb.

3

1% Feb.
90

5%
Sale
10
4

60c

69c

~3% Feb"." 18

5% Feb.
10

18

1%
94
2

Sale
3% Sale
13%
14%

38c

*

•

Feb.
Feb.

-----

97c

4

*

12

3

75c

24

i

n

-----

Sale

lo

Universal Cooler c1*m A

9%

3%

1

Sale

Q Va

•

common

U S Graphite Co..
U S Radiator com....

62c

5%

•»

Tlmken Axle com........
I
Preferred
145
|o<

65

Sale

2

3%
3%

3,123

5,864

4%

Sale

?

com

3%
1%

----

32

14%
9%
4%
1%

31,363 Standard Tube Co class B._ 1
614 Stearns (Frederick) com..
*
418
5% cum part pref......100

1,049

Sale

9%

S

725 Scotten Dillon

33

50

x\A

1%
3%
15%

9%

Beo Motor com..

4,686

796
276

3%

Sale
Sale

1%
3%

65c

%

7%

4,780 Rickel (H W) fit Co common
4,625 River Raisin Paper com...

2,345

19%
1 %
3%
Sale

6

I

.

1,271

18

5%
26%

17%
2%

2%

30

......

510 Parker Rust Proof

%

Sale
%

15

50«

com

130 Muskegon Piston Rg com 2.50

6,323
5,053

Sale

%6 Sale

I

2.50

Moore (Tom) Distillery Co.. i
100 Motor Products Corp com..
350 Motor Wheel com........ 5

"4", 157

732

"~8" "10%

18,497 Hudson Motor Car
11,244 Hurd Lock fit Mfg Co com..I

3,955

Sale

9%

2%

9K
12
16%

Houdallle-Hershey class A.. *

716

-----

1%
Sale
Sale
15%

1%

-----

—

Sale

12

4
Sale

I

Home Dairy class A

"1,854

Sale
34%

Graham-Paige Motor

2,220 Hall Lamp

""412

4%
IK

Goebel Brewing Co com

2,070 Grand Valley Brew

615

26K

•

com

15

9

•

General Finance Corp com I
General Motors com
u»

"4%

1%
2%
2 %
12%

3%

—

8

5K

6%
53%
zl4

95

10%
Sale

com.

Gemmer Mfg Co class A
Class B

Sale
16

3

9%

*

20,310 Gar Wood Industries com...3

11%
1%

-----

4

3

3,620 Prankenmuth Brewing com
1,440 Fruehauf Trailer Co com

1,070

3%
14

10

Detroit & Clevel Nat com.Jd

1,846 Detroit
8,615 Detroit
16,584 Detroit
12,710 Detroit
1,180 Detroit

1,134
1,800
2,490
3,320
125

com..

5%
54%
15%

Jan.

4%
31%
17%
9%

Jan.
Jan.
Jan.
Jan.

10
3
3
25
27

% Jan.

4

7
28

3

2

4% Feb. 26
2

Jan.

11

1% Jan.
18% Jan.
13% Jan.

25
13

4

28

3

6

Jan.

17

Jan.

28

5% Jan.

11

,5*

37% Feb. 25
20% Jan. 11
Jan.

20

Jan.

3

5% Jan.
1% Feb.

29

3% Jan.
6% Jan.

11

18

2% Jan.

15

5

2% Jan.

11

2

2% Tan.
3% Feb.
3% Jan.
22

12

11

4

4

Jan.

12

3

4% J-n.

10

Jan.

5

27

Feb.

8

3

4

Jan.

2

2% Jan.
18% Feb.

9

22

Jan.

10
14
13

20

Feb.

1

90

Feb.

1

90

Jan.

13

90

1 Jan.

2

12% Feb.

9

10% .Tan.

4

14

Jan.

12

20

9 105

Feb.

9

4%

Sale

3% Feb.

4

4% Feb.

24

3% Jan.

28 107
Jan.
3
4% Jan.

5%
4%

5%
Sale

5% Feb.

2

6

Feb.

15

5% Jan.

28

4 h

3

4% Feb.

2

3% Jan.

3

4^

-----

3% Feb.
4% Feb.
2% Feb.

1
17
5

3% Feb.

3% Feb.

4

Feb.

2

Jan.

5% Jan.
3% Jan.

---

—

i-

Feb.

Jan.

6

6% Jan.

5

Jan.

11

5

34

3% Feb.

~4% ""4%
2 %

105

Sale

4

Feb.

2% Feb.

1
17
12

.

AQGREGATB
In

Since
Jan. 1

STOCKS

.

Ask

Bid

100

1%s

100

82%

Preferred

%

30c

30c

25c

%

5

5A

82

2% Feb.
A Feb.
5 A Feb.

3
Sale

4
2
28

1% Feb.
2A Feb.

910

4,525

Sale

Feb.

11% Fee.
130% Fee.

Sale

1% Sale

1,671
2,952

4,864 Naah-Kelvinator Corp...—5
100
5,891 NY Central RR
.15
1,097 Socony-Vacuum Corp
1,319 Standard Brands Inc—.—*

401

556

*

No par value.

a

"1% Sale

10
17 A

9% Sale
Sale

9% Sale

Sale
Sale

18 A

'15A Sale'

"8A Sale"

r Sold

Deferred delivery sales.

6

13% Jan.
11% Jan. 31
Jan.
130% Feb.
4 149
24% Jan.
5 24 % Jan.

12

Jan.

14

9% Feb.
1% Jan.
42% Jan.

15
10
10

12%
19%
16%
9%

10
10
11
12

5

5% Feb. 28

Feo.

15

Feb.

1

1A Feb.
9% Feb.
1A Fee.

1
15
1

4 13
4 140

1% Feb.
1
9A Feb. 15
1A Feb. <14

1% Sale

'I A Sale

1
9,570 Hupp Motor Car Corp
75 Kennecott Copper Corp.—*

17% Jan.

21

31c

13

20

Feb.

2%
1%
3%
%
6%

% Jan.
2% Feb.
A Jan.

10
14

Jan.

13% Jan.

...*

200 Consolidated Oil Co

200

3,040

13
17

Jan.

2

"2% "Feb. "26

28

100 Borg Warner Corp com.....5
Commonw 8c Southern Corp

Jan.

Jan.
Jan.
Jan.
Jan.
Jan.

20

Feb.

88c

18
14

6

13

80 A

139 %

110

294 Amer Tel 8c Tel Co

Highest
Sale Prices

12

25 %

12

Lowest
Sale Prices

"2" Feb"." 10

2%
Sale

2%

2%

2%

2

Highest
Sale Prices

25

2%
90c

Sale

Unlisted Dept.—
American Radiator........

2,200

121

99c

% Sale

547 Young (L A) Spring 8c Wire. •

1,400

2%

2%

saie

Lowest

4s*

20

25

20

20

17

,

Class B
•
2,495
18,270 Warner Aircraft Corp com. 1
..4
2,595 Wayne Screw Prod com
3,800 Wolverine Brewing Co com.. 1
1,200 Wolverine Tube Co com....2

Ask Bid

Bid

Sale Prices

Feb. 28

1

Feb.

1938

Shares
172 Walker 8c Co clasr '

4,055
1,185
1,800

1

Jan. 3

February

"l~,245

JAN.

Price

STOCK EXCHANGE

Shares

RANGE SINCE

PRICES IN FEBRUARY

'

DETROIT

SALES

61

STOCK EXCHANGE

DETROIT

March, 1938]

9A
15%
14%
7%

10%
19%
15%
8A

Feb.
Feb.
Feb.
4
Feb. 26

1%
9%
1%
42%

4

2

Feb.
1
Feb. 15
Jan.J 4
Jan. 10

9% Feb.
15% Feb.

Feb. 16
Feb. 23
Feb.
9
Feb.

Jan.

14

28

7% Feb. 26

12

5

Jan.
Jan.
Jan.
Jan.

z Ex-dividend.
Auto City Brewing common, Feb. 7, at 62c.

for casb

Cash sale in which no account is taken in computing range:

Philadelphia Stock Exchange
MONTHLY AND YEARLY RECORD

EXCHANGE

RANGE OF PRICES ON THE PHILADELPHIA STOCK

Jan. 1 to Feb. 28

-

February

963,073

Jan. 1 to Feb. 28

February

Jan. 1

.

BONDS

56,500 Elec 8c Peoples tr ctfs 4s.l*4*
1948
1,000 Lehigh Valley 4s
1,000 Pennsylvania 4%s.......1965
4,000 Peoples Pass tr ctfs 4s...1943

STOCKS

Shares

794
4,157

3,361
7,352

622
851

917

1,655

1.695
4,843

10

335

3,316

1,539
10,913

120

375

900

5,103

1,666
17,100

28

85

American Tel 8c Tel....—100

10

Co

Bell Tell Co of Pa pref

20

100

Budd (R

G) Mfg Co...
...»
.........100
Wheel Co
•

Budd

Chrysler

.....—5

Corp

Curtis Pub Co

Horn 8c Hardart (N Y>

com..*

*954

Lehigh Valley.............50
Mitten Bank Sec Corp
25
Preferred.
.......25

961

9,599
6,232

22,947
17,664

27

52
200

2,151

1,061
6,850

60

540

555
289
442
35

1,431
1,018
1,037

66,886
480

75,579
1,168

61

101

700

1,709

1,100
5,087

9

9

372
930 ■-:'r"
755
350

18,553
621
154

343

*

nto par.

RANGE SINCE JAN.

1

35

321
343

*

*

Nat'l Power 8c Light
Pennroad Corp

vte

......50
Manufactur'g-50

Pennsylvania RR
Penna

Salt

Penn Traffic

com....—..2%

Phlla Elec of Pa $5 pref.....*

—25

Phila Elec Pow pref

*

Phlla Insulated Wire

Transit..—-50
...50
Philadelphia Trectlon...—50

Phlla Rapid

7% preferred

18%

25

10%

8
8%
144% Sale
15
15%
115% 118
4% Sale

"3% Sale"
47%

Sale

26%

Ask

8

7

6

18

10%

Salt Dome Oil Corp
Scott

1
....*

Paper.....

Bridge....*

Tocony-Palmyra

~4% ~~4%
54%

Sale

22%
3%
5%

23%
4

Sale
1
1%
1% Sale
7% Sale

2fh
128

Sale

Sale
145

Tonopah-Belmont Devel

Sale

3% Sale
7
5%

.........50

United Corp common.......*

Preferred................*

com.......*
...__*

Westmoreland, Inc........
Coal........*

Westmoreland

Ex-dividend.




a

7%

Sale

2%
21%

Sale
Sale

2%
22%

Sale
Sale

11
25

9
15

Sale
Sale

30

%
%

4% Feb.
50% Feb.
6

2%
2%

27%

3
Sale
28%

10

Sale

L05% Sale
9%
10%
9%
9%

28
4

3

71

Feb.

25

3
2
4

3

7

27% Feb.
31% Feb.

16
4

145

4 104

Feb.
Feb.
Feb.

8

1

7
1

2

6% Feb.

3

Feb.

1

19% Feb.

4

2

135

5%
43%
4%
58%
6%
30%
41%

Feb.

Feb.

1

1
10% Feb.
140% Feb. 23
18% Feb. 23

15 119

Feb.

Feb.

Feb.

Feb.

11

2
Feb.
Feb. 28
Feb. 25
1
Feb.
8
1% Feb.
7% Feb. 25

2% Feb. 21
23% Feb. 25
Feb.

23

Feb.

15

2% Feb.

Highest
Sale Prices

5 A Feb.
Feb.

71

11

7

25

71

Jan.

/

4

Feb.

25

Jan.

24 101

Jan.

24

Jan.

13

Jan.

13

20

11 115% Feb.
2
32% Feb.

26

4
Jan.
11% Jan.
4 149% Jan.
Feb.
Jan. 28
18% Feb.
4 119% Jan.
Jan.
3
4% Jan.
6% Jan.
42
Jan. 26
43% Feb.
3
3% Jan.
5% Jan.
3
47% Jan.
63% Jan.
6
Feb.
7
7% Jan.
3
26% Jan.
30% Jan.
3
29% Jan.
41% Feb.

8%
127%
14%
116%

100%
21%
3%
4%
%
1%
6%

Jan.
Feb.
Jan.
Jan.
Jan.
Jan.
Jan.

29

2

Jan.

27

19% Jan.

28

135

15

Feb.

Feb.
Feb. 17
Feb. 26
4
Feb.
7
Feb.
8
Feb.

19% Feb.
2

Feb.

Feb.

At
%
%
1%

Feb.
Feb.
Feb.
Feb.

14

Feb.

2

Feb.

15

Feb.

1%
3%
5%
2%

Jan.
Jan.
Feb.
Feb.

10% Jan.

37% Jan.
28

Feb.

15 I,;-.
15

Feb.

18

Feb.
Feb.

18

8

9

Feb.

19

9

Feb.

7

Feb.
Feb.

23

Feb.
Feb.
Feb.
Feb.

24
2

23

3

7

Feb.

11

23% Jan.

5

4%
6%
1%
1%
8%

15

19

Feb.
Jan.
Jan.
7% Jan.
2% Feb.

2

5

4

7
8
14
3

11

7

24% Feb.
42% Jan.
29% Jan.
Feb.

ib

Jan.

i

Feb.
Feb.

18

Jan.

Jan.

32% Feb.

6

At Jan,
% Jan.

e" Feb.

Jan.

2% Feb.

11 116

16

Feb.

Feb. 28
Feb. 25
Jan. 12
Jan.
8
Jan. 12

2 A Jan.
30% Jan.

4 140

Feb.

18

3

5
3

3

3

4
9% Feb.
101% Feb. 26

5

26

18

17

1
6

Jan.

18

8

24% Feb. 14
1
42% Feb.
28% Feb. 26

Feb.

11 104

29% Jan.

15

2% Feb.

2% Feb.

10

6

Feb.

112

19

16

2% Feb.

17
17

4% Feb.

Feb.

27

1

Feb. 26
2
Feb.
2
Feb.
Feb. 23
9
Feb.
Feb. 25
3
Feb.

22%
4%
6%
1%

4 140

1
13% Feb.
38% Feb. 28
28

%

Feb.

117% Feb.
4% Feb.
43% Feb.

3
2%
3%
2%
3
112
114% 114% 115% 116
30%
30% Sale
30%
31%
18
21
19%
17%
21
2
2
Sale
1%
2%
4
Sale
4
Sale
3%
5%
5%
7
5%
7
2%
14

Feb.

127% Feb.

1% Feb.

135

155

28

Includes 647,269 rights.

31

Sale
Sale

41

3% Sale

Sale

aft'

31

28% Sale
10% Sale
105% 106%
10%
9
10%

35

Sale

Sale

Sale

2%

Sale

1%
'A

Sale

2

""4%
53%
6%
30%

1

Preferred.................

Preferred....

Feb.

Lowest
Sale Prices

Highest
Sale Prices
6
Feb.
3

20

104

13
29

1

....

Sale

37%

1

Tonopah Mlnind

United Gas Impt

5% Feb.

105% 109% 102
21
21% Sale
23%
21%
3%
4%
3%
4% Sale
6
5%
5%
6%

135

2%
3%
115% Sale
29% Sale
21
18%
2

27 J*
33%

Transit Invest Corp

Union Traction

Lowest
Sale Prices

17

10% Sale
9% Sale
137% Sale
140% Sale
15
15%
17% Sale
118% Sale
117% Sale
4%
5%
5% Sale

102

102

Reo Motor Car Co.........

372

2,555
3,748
1,206
45,425
1,246

Feb. 28

Ask Bid

101

95

(Phils) com.*

181

651

1

71

Horn AcHardsrt

Lehigh Coal Ac Navigation..*

2,025
1,862

6

Sale
29% Sale

Battery....*

Electric Storage

486

162

8

General Motors...........10

1,167

1,126

6

Bid

common.....*

150

200

Ask

Preferred.

657

325

119,400

Par

American Stores..

Barber

Feb.

1938
Bid

$

Shares

62,500

Price

Since

38,500
1,000

$65,300

Jan. 3

In

%

1937

—$39,500

PRICES IN FEBRUARY

PHILADELPHIA
STOCK EXCHANGE

SALES

AGGREGATE

1937

473,073

.458,492

Shares„

1938

Bond Sales

1938

220,825

Stock Sales

February

18
6
8

2% Feb.
26% Jan. 28

4

3

Jan.
3% Jan.
32
Jan.
11% Jan.

26 106% Jan.
19
10% Jan.

7

9 A Feb.

RANGE OF PRICES ON THE SAN FRANCISCO STOCK EXCHANGE
Stock Sales

Shares

Jan. 1 to Feb. 28-.-..

AQQREQATR

SALE

February

$

1,381
590
195
170
125
700

170

2.260

11**
14*4

12** Sale

185

com

.........

20

...20

780
775

1,375
820

1,588

3,149
125
20

10

1,187
2,160

5

common.

593 Claude Neon Blec Prod.....*
*
403 Clorox Chemical A
130 Coast Cos Gas&El 6%lstpfl00
Chemical

1

20

21

21

19**

19*1 Sale
48*4 50*4
91** Sale
46*4 48
99** 100
46*4 47*4
6*4
8
27*1 32
101*4 103
17*4
""

Highest
Sale Prices

101

7 101

Jan.

Jan.

7

17 107*4 Feb. 17
17 57** Feb. 17

107*4 Feb.
57** Feb.

8

186

aW

12** Feb.

1

Feb.

2

15

3*4
6**
184
5*4

Feb.
Feb.
Feb.

Feb.

19*

Sale

22

20*4

22

20

Feb.

20*4

19*1

44

3H
11*4

20*4
3*4
9**
**
36*4

Feb. 24
Feb. 16
Feb. 17

22

20

Sale

48

Feb.
Feb.

36*4
20
49

40^ seU
20*4

Sale

94

97**
43*4 44 J*
101** 101*4
54*4 Stale

21X

91*
48**

93

17

Feb.

3

Feb. 19
Feb.

16
2
16

93*4 Feb.

Sale

24

Feb.

4

40

2
13*4 Feb.
15*4 Feb. 17

25
7** Feb. 15
5
19 189
Feb.
5
5*4 Feb. 17
4
19*4 Feb. 23
3
3

4

Feb.

3
20*4 Feb.
20*4 Feb. 24
3*4 Feb. 16
9** Feb. 17
** Feb. 19
36*4 Feb. 16
22H Feb. 23
49*4 Feb. 24
94*4 Feb. 24
48** Feb. 28

Feb. 24
102*4 100*4 Feb. 11 102
Feb.
4
54*4 51
58** Feb. 23
Feb. 24

7

8
7*4
7**
8**
7** Feb.
9
30
36
35
105
Feb. 14 106*4 Feb. 15
104*4 103*4 106
15**
16**
14*4
15*4

11*4 Jan;
•'

5

Jan.

4

14

2?* Jan. 26
3
6** Feb.
184

9** Jan.

10

19*4 Jan.

6

Jan.

21

17
21

9** Feb.
** Jan.
36*4 Jan.
19*4 Jan-

26
3
16

Feb.

3
4

91 J* Jan.

40
100
50

25

4

19*4 Jan. 24
3*4 Feb. 16

48

18
14

Feb.

4

Jan.
19 190
5
5*4 Jan.

Feb.

5*4 Feb.
16*4 Jan.
20

13** Jan.
49
Jan.

Feb.
Jan.
Jan.

7** Feb.
9
30*4 Jan.
31

31
6

Jan.

h

10

Jan.

11

Jan.

12

36M Jan. 26
12

24

Jan.

50
97

Jan.

11

Jan.

52** Jan.

27
20

Feb.

24

4 102
5

Jan.

20*4 Jan.

4

7
14

62** Jan.
8

Feb.

32

15

24

Jan.

10

18

Jan.
Jan.

4 106*4 Feb.
Jan.
19 18

15
19

29

29*4
104

Jan.

26

103

Industries

Inc class A partlcpref....*
28
1,944
1
1,594 Creameries of Amer (new)
4*4
15 Crocker First Nat Bk 8P caplOO 208
23,471 CrownZellerb Corp com (new)
93
Preferred (new)
2,010
643
4
2,456 D1 Giorgio Fruit Corp com. 10
Preferred
810
.......100
23
4
1,380 Doernbecker Mfg Go.......

802 El Dorado Oil Works cap...*
4,984 Emporium Capwell cap.....*
Preferred
............50
1,860
3,276 Emaco Derrick Ac Eq Co cap_5

40 Ewa Plantation...........20
40 Fireman's Fund Indem cap 10

1,420 Fireman's Fund Insur cap 25
5,364 Food Machinery Corp eom.10
2*4
1,515 Foster & Klelser com..
Class A preferred
25
40
Galland Mercantile Laundry
common (capital) ........*
155
9,265 General Motors...........10
3,949 General Paint .Corp com
*

1,145
5,869

Preferred. J.......... ...*
505
2.586 Gladding McBean Co com..*
8,692 Golden State Ltd cap......*

1,020
1,560
2,645

2,048 Hale Bros Stores, Inc, cap..*
*
2,750 Hancock OU........
II,497 HawaUan Pineapple Co (new)

295

19**

4
12

7*4

180
186
190
5*4
7
17
18*4

20

42*4

7,502 Chrysler Corp

8

Sale

3k

6**
16**

2**
9*4

12
Sale

15*

3**
7

7
195

34*|

cap..
*
Preferred
50
571
90 California Water Serv preflOO
5,255 Caterpillar Tractor cap....*
Preferred stock..
100
490

15

5
15 *4

657 California Ink Co lnc A....*

5,122 California Packing

10

30
360

6*4

H

Consol

630
474
160

3*|

*1

175 Consol Aircraft Corp com

9',070

14**
2**

1

2,300 Callf-Engels Mining Co

80

542

Lowest
Sale Prices

par

635 Calaveras Cement Co com
*
I,200 Calif Cotton Mills cap
100

523
36

1,034

Highest
Sale Prices

103
104** 101
107*4 Feb. 17 107*4 Feb. 17
106*4
57
59** 57** Feb. 17 57*4 Feb. 17

11

2.585 Calamba Sugar Estate
Preferred...
1,030

v

Lowest

Ask

"48"" "53""

107

50

100

98** 102
105

63**

STOCKS

1

Sale Prices

Feb. 28

Ask Bid

238 Bank of Calif Nat nssn caplOO
645 Bishop OH Co.
5
2,485 Byron Jackson com cap....*

203
516

2,551

Bid

60

Shares.

2,197
1,810
1,337

1,612
371

Ask

2,220 Alaska Juneau Geld M cap.10
6,975 Anglo-Calif Nat'l Bank
20
3,585 Assoc Ins Fund Inc com caplO
2,386 Atlas Imp Diesel End Co
5

2,000

Shares.
700

Feb. 1

1938
Bid

5,000 Calif Water Serv 4%
1961
1,000 Coast Co G & E Co 4%..1965
2,000 South Pacific Co 4*4 %
1969

"i~66o

RANOE SINCE JAN.

Price
Jan. 3

BONDS

Jan. 1

$

Jan. 1 to Feb* 28

PRICES IN FEBRUARY

SAN FRANCISCO
STOCK EXCHANGE

Since

In

1937

$12,000
69,000

$3,000
8,000

February

821,579
1,430,234

202,210
509,073

1938

Bond Sales

1937

1938

February

.

16

30

Sale
375

30

4*4 Sale
375

Sale

10

Sale

4*4
24**
4*4

69** Sale
4**
4*4
25*4 27
4*4 Sale

19

17

10*4 11*4
28*4 Sale
8*4
9*4
43
34
69

28
320

45
40
Sale

29*4 Sale
1**
2*4
16
17*4
22
25*4
31*4 Sale
7 J*
8**
23*4 29**
7
7*4
3*4 Sale

Sale

19

12** Sale
34

9**
40
34
75

Sale

9*4
46

39**
75?*
27*4 Sale
2*4
2*4
16*4
17*4
22

23

33*4

34*4

nl*
28

oS*
30

28

4*4
11

70**
4*4
26*4
4*4

71
4*4
27
4**

18

21

47*1

45
35
74

7

17

37*4
Sale

29

Feb.

320

9*4 Feb.
67*4 Feb.
4*4 Feb.
25

Feb.

4 J* Feb.

7

19

3
21
2

34

30** Feb.

Feb. 24
2
Feb.

Feb. 24

22

Jan.

4

23

31*4 Jan.
7*4 Feb.
25** Feb.

3

28*4

HY*

M
Sale

26**

26**
37*4

33**

36*4

36

16
21

17*4
28**
7**

26

12*4 Feb.

1

24

36** Feb. 25
5
8*4 Feb.
27

Feb.

7

8*4 Feb. 15
3*4 Feb. 25

13*4 Feb. 11
2
29*4 Feb.

Feb.

21

25*4 Feb.

5

27

4

34*4 Feb. 23

28

Feb.

2

69
26

36
76

26

30*4
9**
3*4

12*4 Sale
28** Sale
27
27**

Feb.

6

3
3
3
5

Jan.

26

4

Jan.

34** Feb.

43

2

23

Feb.

9

16

23
Feb. 24
32
Feb.
3
3
7*4 Feb.
3
25** Feb.
2
7*4 Feb.
3

Feb.

14*4 Jan. 12
34** Jan. 11
10*4 Feb. 24

2

25*4
35
9

9

Jan.

19

2*4 Feb. 15

22**
34**
8*4

3*4

5

7

Jan.
Feb.
Jan.

Feb.

8

4

13
20

7

16

3**

11

3
28

2

7

11

5*4 Jan.
28
Jan.

11** Jan.

Feb.

3

5
12

Feb.

28*4 Jan.
9** Jan.

10*4 Feb. 24
46*4 Feb. 23

Feb.

Jan.

1

Feb.
Feb. 23
3
Feb.
Feb. 24

2*4 Feb. 15

73

12*4 Feb. 24

9*4
46*4
34**
72**

16

Jan.

4** Jan.

Feb.

36
75

19

12

18*4 Feb.

Feb.

Feb.

25

Jan.

3
3
5
2

25

12
31

Feb.

Jan.

4** Jan.

33

5 320

Jan.

9*4 Feb.
6434 Jan.
3** Jan.

11** Feb.
72*4 Feb.
5
JFeb.
26** Feb.
4*4 Feb.

26

3*4

4** Feb. 17

4*4 Feb.

29*4 Sale
2*4
2*4
16
17*4

12*4
26
22*4

11*4

Feb.

4** Feb.

29

18*4 Feb.

12
12**
31** Sale
10
10**

21**

24 >4

29**
4*4
375
Sale

320

3

7

Jan,

3
27

3

Feb.

4

115* Jan.

4

26*4 Jan.
22*4 Jan.

26
4

33

23

Jan.
Jan.

10
27
10

Jan.

it* Jan.

20
26

38
9

Jan.
Jan.
Jan.

11

27

Feb.

7

8*4 Feb.
4*4 Jan.

15
10

Jan.

8
15

13*4 Jan. 14
29*4 Feb.
2
29** Jan. 22

Home Fire Ac Marine Insur

420

190

2,260

cap new*
100 Honolulu Plantation cap...*
610 Hudson Motors Car Co.....*

100
100
100
10

3,912
2,045
507

3,285
140

5,757

Co of Calif capital..... 10

3,660 HonoluluOllCrpLtd

200 Hunt Bros. Packing com...*
130 Hutchinson Sug Plant cap. 15
5,367 Langendorf United Bak cl A *
Class B
♦
2,732
1,344 Leslie Salt Co capital .....*
6,122 Le Tourneau Inc common.10
276 Libby McNeill & Libby
*
18,811 Lock Heed Alrcr Corp com..l

10

426 Lyons-Magnus Inc A.......*

814

6,897 Magnavox Co Ltd (capltal)2*4
2,411 Magnln & Co (I) common...*

1,786

10

10

3,026
30
10
435

3,450
3.240
300
30
10

3,364
50
290
410

1,375
*

Preferred...

...

.100

5,436 Merchant Cal Mach Co com 10
30 Market St Ry Co prior pf.100
Preferred. ............100
10
_

1,130 Meieir-Frank Co ..........10
9,436 Nat Auto Fibres IncCom stkl
9.105 Natomas Co capital
*
North Amer Inv Corp—
Common
...........100
1,330
50
4% preferred
100
30
BH% preferred... ......100
14,905 North Amer OH Consol cap.10
187 Occidental Insurance cap.. 10
980 O'Connor Moffat
560 Oliver United Filters Inc A..*
...

3,734

No par value,




B

♦

6**

18

83
1

38* 11*

14*4

3$ 35*

35

37**

15

15

7**
8J*
9*4 Sale
6

5

7*4
8**
8** Sale
4*4
5**

*4 Sale
10*4
12*4

**
11*4

90

93

13*4

102

14*4
8

6

2*4
8*4
7**
8
5*4 Sale
8*4
9*4

5**

5*4
31
26

9**
26

48
48

15

4*4
37*4
32*4
11

24

17

5*4

t Removed from listing Feb. 4,1937.

6

102

5*4 Sale
9*4 Sale

11
9*4

1
12

137H %
S* 131

Sale

9

40
16

5*4
45
40
12**
25**

9

10

16

18

5*4

5*4

Feb.

17*4 Feb. 11

19
28

Feb.

2

8

1*4 Feb.
16*4 Feb.
16
.14*1 Feb.
3**
2** Feb.
36
Feb.
40

2

9J*

28

Feb.

8

il*

15

14** Sale
2*4
3*4

16

34

14

IV*
29

3

Sale

16

7*4
8**
4*4

8
9
5**

**'
10**
14

9**
3

3
3

3

** Feb.

4

16*4
6**

19*4
6*4

35

5

14
3

Feb.

7

9*4 Feb.

9

4** Feb.
42

3

7
6
4

Jan.
Jan.
Jan.
Feb.

14

3
3

7*4 Feb.
7*4 Feb.

3

Jan.

13

*4 Jan.

3

10

13*4

12
2

Feb.

11

Sale

2

Feb.

Feb.
Feb.
Feb.
Feb.

.....

Feb.

2
1*4 Feb.
16*4 Jan. 24

11

12*4
9**
4*4
8*4

5**

Feb.

95

95

45

Jan.

28

Feb.

3
3
4

43

Jan.

19

14

*4 Feb.
11*4 Feb.

Feb.

Feb.

5

35

Feb.

28
8

3
3

11

14**
11**

33*4 Jan. 10
17*4 Feb. 11

5

95

34

12**

7

7*4 Feb.
7*4 Feb.

11

39

23
9

3

2
1*4 Feb.
4
16*4 Feb.
16*4 Feb. 17
4*| Feb. 10
38
Feb. 21
16** Feb. 24
3
7*4 Feb.
9*4 Feb. 23

102

8**
8*4
5*4 Sale
9** Sale

4**

1

Feb.

14

*4

93

4

Feb. 25
Feb. 14
2
Feb.

135* Feb.
4*4
8*4
5*4
9*4

Feb.

Feb.
Feb.
Feb.
Feb.

4
12*4 Feb.
9J* Feb. 11
14
4*4 Feb.
3
8*4 Feb.

5

Feb.

8*4 Jan.

•

7
5

4*4 Feb.

4

Jan.

6

Feb.

41

Jan.

27
3

Feb.

25

30** Feb.

3
5
2

30** Feb.
13*4 Feb.
Feb.

24

Feb.

2

4

9*4 Feb.
16*4 Feb.
6*4 Feb.

9

Jan.

16

Feb.

25
15

5*4 Jan.

27

12
9

Feb.
Feb.
Feb.

16

Feb.

15

5*4 Feb.

16

24

43

25

Feb.

10*4 Jan.

6

9*4 Jan.
1*4 Jan.
17

Jan.

28
10
14
6
4

10

16*4 Feb. 17
4*4 Feb. 10
39
17

Jan.

21

Jan.

10
26
10

8** Jan.
10*4 Jan.
5*4 Jan.

11

1*4 Jan.

18

Jan.
Feb.

10
3

13
95

14*4 Jan.

11

Feb.

4*4 Feb.

14
14

9*4 Jan.
7** Jan.
10*4 Jan.

10
15
20

5** Jan.

11

10

43
40

Feb. 24
19

Jan.

13*4 Feb. 23
28** Jan. 15
10** Jan. 12
17
Jan. 12
6** Jan. 18

March, 1938]
AGGREGATE

SAN

SALES

Jan. 1

Shares

Shares

20
855
mm

mm

mm

Jan. 3

STOCKS

mm

7.270
6,043
1,480
1,912
400

1,645

3,468
570
155
1

2,953
20

80

95

6,189
1,268
1,259
90

330

3,252
6,230

Preferred....

Sale

27 X
37
103

Sale
Sale

5X
16 X

600
108
205

mm

20

19

Feb.

10

50

Feb.

24

24

16

Jan.

109

Feb.

Feb.

1

Feb.

14

109
134

Feb.

135% Feb.
92

1,593

3,080

30

.

302

8,974
985

1,505
395

2

Feb.

23

Feb. 25
4
Feb.
Feb. 10

7

Feb.

25
28
24

7
6

55
16

6%
56%
19%
26%

Feb.

36

Feb.
Feb.

6

15% Feb.
20
115

15%
101
Sale

15
100

Feb.

Feb.

20% Feb.

19 X
17
Sale
178

30%

17

3

83

29% Feb.

Feb,

Feb.
Feb.

Feb.

2

Feb.

Feb. 21
3
Feb.
Feb. 17
Feb. 3
7
Feb.

1,545

3,849

20

w10

•

16

Feb.

24

7% Feb.

5

8

Feb.

1

4

Feb.

1

1

Feb.

20% Jan.

Jan.

17

Jan. 10
Feb. 25
Jan. 15

Feb. 23
2

Feb.

77% Jan.
28% Jan.
16% Jan.
% Jan.
% Jan.

Jan.

Jan.

16

Feb.

1

4

1

°4

1

35
266

Jan.

Feb.

Jan.

Jan.

26

Jan.

10% Jan.
41% Jan.

9% Feb.

4

13

26
12% Jan. 12
21% Feb. 24
7
22% Jan.
8
8% Jan.

Feb.

10% Feb.
39% Feb.

Jan.

84

7% Jan.
6% Jan.

.

19

$

13% Feb.
76% Feb.
10% Jan.
19% Jan.

8
Feb.
Feb. 24
2
Feb.
7
Feb.
10% Feb. 26

25

6% Feb. 14
33% Jan. 10
18% Feb. 24

6% Feb.

3

8

Jan. 12
Feb. 24

29% Jan.
13% Jan.
% Feb.

21

Feb.

10%
21%
17%
7%

3
9% Feb.
38% Feb. 24

10

common

19%

16% Sale

21%

19

3

Sale

Feb.

29

29

1.50

65 Yosemite Portl Cem Co pf-.lO

33

30
3

(Consolidated) cl A

ear

31

3%

3%

page

59)

24
11
11

Jan.

26

22% Jan.

11

Jan.
3% Jan,

8
6

285

Jan.

3

20

Feb.

9

Feb.

29

Feb.

28

29

Feb.

3

Feb.

14

3

16% Jan.

3

Feb. 28
Jan.

26

32

The Reichsbank statement for the first quarter of February
showed an increase in gold and bullion of 31,000 marks;

made, but
details of such plans had not been disclosed at the close

for the second

of

the

by

lightening the

tax

burden

would

be

the month.

The

received

franc

a

severe

847,034 francs
sented simply

when

shock

France statement for Feb. 3 revealed

a

the

Bank

reduction of

of

3,126,-

This transaction repre¬
a transfer of a like amount of gold to the
exchange equalization fund.
In December the stabilization
fund had transferred approximately the same amount of
gold to the bank, presumably in connection with the repay¬
ment of the £40,000,000 sterling credit.
Finance Minister
in

gold

holdings.

asserted that

Marchandeau

the

gold

transfer

in

no

way

weakened the

position of the Bank of France. However, M.
Paul Reynaud, former Finance Minister and member of the
Tardieu and Laval Cabinets, asserted that the lower gold
reserves of the Bank had a more serious aspect.
He indi¬
cated that the reserves were below the "security level"
said that at
6,000 tons of gold. "This
stock has fallen to 2,407 tons after the withdrawal of 134
tons announced on Feb. 10," he declared, "although former
Premier Blum, in September, 1936, fixed the minimum re¬
quired for our security at 50,000,000,000 pre-devaluation
francs, or 3,275 tons."
M. Reynaud also asserted that to
restore the French position would require the repatriation
of not less than 30,000,000,000 francs.
necessary

for national defense.

M. Reynaud

the end of 1931 France possessed

On Feb. 15 the French Government announced a new in¬
ternal issue of

5%% Treasury bonds, the new issue to have
The bonds will be redeemed

three different maturing dates.
at par

in 1942, at 109 in 1946, and at 118 in 1950. The purpose

of the

Jssue was to meet maturing obligations as well as to

raise

new

cash.

the 1935 4%

The bonds

were

offered in

exchange for

Treasury bonds which matured on March 10,

1937, and in exchange for 1937 4% one-year Treasury bonds.
Cash subscriptions, it was said, will also be received up to
3,000,000,000 francs at a price of 94. It was estimated that
the issue plus commissions should yield between 7% and

7%%.
The high yield indicated more than anything else
precarious position of the French Treasury.
The Bank

the

France

statement for the

week ended

Feb.

17 showed

gold holdings of 55,806,467,935 francs.
French francs sold
on Feb. 1 at 3.28*4 @3.29^4, and on Feb. 28 at 3.26%@3.27%.
The German mark situation displayed no new features of

The daily quotations of the soare those established by
Reichsbank, continued to bear a close relation to the

importance in

February.

called

gold mark, which

free

movements
or

Feb.

Pipe A Steel of Calif

(Continued from

the

17

Feb.
Feb.

No par value.

ness

of

Jan.

15
100

Yellow Checker Cab Co—

V

179

18

13
2

8

70 WellsFargoBk A UnTr cap 106
Western

Feb.
Feb.

14% Feb. 23
81

10

18
27

Jan.

6% Feb. 14
33% Feb. 23
18% Feb. 24

%
13%
76%
10%
19%

Jan.
Jan.

103% Jan.
% Jan.
4% Feb.

% Feb. 24

14
7
3

10
11
11

Jan.

20% Feb. 25

1

6
15

Feb.
Feb.

20
118

Feb. 23
Feb. 25

3

15

Sale

10

15
18
3
24
4

30% Feb.

■29% Feb. 28

19% J16% Feb.
% Feb.

Jan.

Feb.

21

15

Feb.

Jan.

Jan.

Feb.

12

Feb. 25
Feb. 28
Feb. 24

Jan.

22% Feb. 25

.1

Feb.

Jan.

Feb.
Jan.

12% Feb.
5% Jan.
15% Feb.

16% Feb. 23

Feb.

93

35

32

Feb,

2 100

8

24
23

17

Feb.
20%
115
Feb. 18 115
3 104%
106% 104% Feb.
1
Feb. 21
1%
1%
Sale
4
4% Feb.
4%

10 %

42

4

28

23

Feb.

6% Feb,

15
3
3
4
15

12% Feb.

11
10

6

1% Feb.

1

15
14

14
Jan. 12
Feb.
2
Jan. 28

Jan.
Jan.
Jan.

Feb,

4

5
15

24

Jan.

16

17

14

3 119% Jan.
Feb.
5 137

Jan.

7
5
54

23
11

1

Feb.

12
6

17% Jan.

31

25% Jan.
3% Jan.

Feb,

14

4

4

Feb.
Feb.
Feb,

36% Feb,

Feb. 26

25% Feb.

90

1.9,728
4,371
2.663

3

Feb.

Jan.
Jan.
Jan.
Jan.

3 28% Jan.
4 30% Jan.
Jan.
3 28
Jan.
3 40
4 104% Jan.
6
Jan.
3

35
92

Feb. 24

Feb.
Feb.

1% Feb. 14

2%

com •

4%% preferred new
100
56,469 Transamerlca Corp capital. *
8,702 Union Oil Co of Calif cap..25
4,008 Union Sugar Co common..25
1,652 United Air Lines Trans v t c_5
.10
13,749 Universal Cons Oil..
1,785 Victor E uipment Co com..l
Conv cum pref
2,502
..5
20
1,625 Walaiua Agricultural Co

Jan.

14

35

19

Tide Water Assoc OH Co

Jan.
Jan.
Feb.
Feb.
Jan.

Feb.

20 Spring ValleyCo Ltd capital *
11,922 Stand Oil Co of Calif capital *
4,189 Super Mold Corp of Cal cap. 10
190 Thomas Alloc Corp class A..*

4,698
2,318

29%
26%
35%
101%
4%

Feb.

1,950 Sou Pac Golden Gate cl A..*
Class B_.
555
•

mm

Feb.

35

Preferred
100
1,263 Sou Cal Gas pfd 6% cum A.25
8,953 Sou Pacific Co com (cap'l).lOO

400

3
9

96

642

2,380

Feb.

41

1,902 Signal Oil A Gas Co class A. *
23,316 Soundview Pulp Co new.... 5

9,085

Feb.

27% Feb.
35% Feb.
101 % Feb.
4% Feb.

25% Feb.

40

690 Shell Union Oil Corp com.
20
BH% cum conv pref
100

20

29X Feb.

93

10 San Joaq Lt A Pr prior pf.100

150

Jan.

6

Feb" "2

38

40
6% prior pref ser A..._. 100
584 Schlesinger (B F) com (new) Preferred (new)...
460
25

560

10
7
6

■

25% Feb.

18

10

12

Jan.

16

..1

10
230

12

8% Feb. 15
5% Feb.
3

12

Sale

Sale

140
Sale

1%

Highest
Sale Prices

Sale
115

common. ♦

736 Roos Bros Inc common

330 Safeway Stores Inc

9% Feb. 16
6% Feb.
2

Feb.

•

Sale

common....

616

4

8% Feb. 15
5% Feb.
3

12

.........1

210

mm

7

Lowest
Sale Prices

Highest
Sate Prices
12
Feb.
4

Sale Prices

.......50

5,735 Rheems Mfg Co

25,461 Richfield Oil Co

UX
9%
6%
7X
26%
Sale
27 X
38%

10%
6%

290 PlO'n Whistle Corp partlc pf *
146 Puget Sound P A T Co com..
1,729 Ry £q A Realty Co Ltd com.*
220
0% preferred (new).....100
1
12,438 Rayonier Inc common
Cumulative preferred...25
4,898
6,554 Republic Petroleum Corp
1

146

Lowest

Ask

13

Preferred .............100
60
200 Phillips Petroleum Co cap..*

536

Feb. 28

Ask

......
2,508 Pacific Can Co
120 Pacific Clay Products.....
18,780 Pacific Gas A Blec Co com.25
12,914
6% 1st preferred...
25
3,502
5%% 1st preferred......25
4,767 Pacific Lighting Corp com..*
900
$6 dividend pref........
•
*
6,836 Pae Pub Sew com non-vot
First preferred...........*
6,802
1,750 Pac Tel A Tel Co common. 100
195
6% preferred...........100
6,517 Paraffins Cos, Inc., com....*

100

mmm

Feb. 1

1938
Par

60 PMuhauSutfarPlantCo caplA
870 Paclfic-Amer Fisheries, Inc.5

570

1

Price

Since

February

RANGE SINCE JAN.

PRICES IN FEBRUARY

FRANCISCO

STOCK EXCHANGE
In

63

SAN FBANCISCO STOCK EXCHANGE

blocked

or

the various classes of interior
continuously at severe discounts.

of sterling, but

marks

were




decrease of 1,000 marks, and for
increase of 1,000 marks.
The
Bank's statement for the third quarter of February showed
third

quarter,

quarter

a

an

gold holdings of 70,771,000 marks, and its ratio was

0.03%.

On Dec.

1, 1932, the Reichsbank held 806,785,000 marks qf
gold, and its ratio was 25.8%.
The so-called free or gold
mark was

40.48^

on

quoted at 40.35@40.38 on Feb. 1, and at 40.07@
Feb. 28.

Italian

lire, as during many months before, was held
by the rigid control at Rome.
Gable transfers on

steady
Rome

throughout the month ranged between 5.26% and
5.26%, the latter rate generally prevailing.
Belgian exchange during February ruled generally slightly
above

dollar

parity of 16.95.

The undertone was slightly
January, especially during the second half
of the month.
Belga cable transfers sold on Feb. 1 at 16.94
@16.94%, and on Feb. 28 at 16.98@16.99.
Exchange on the countries neutral during the war was
generally firm in February, moving in close sympathy with'
firmer

than in

The Holland guilder and the Swiss franc, how¬
displayed special firmness owing to the strong position

sterling.
ever,

of both these countries.
for

week

the

ended

The Netherlands Bank

Feb.

21

showed

gold

high record of 1,425,800,000 guilders.

statement

stock at

a

new

This compares with

569,895,000 guilders in the Bank statement immediately
following the devaluation of the guilder shortly after the
conclusion of the

tripartite currency agreements. The large
gold by The Netherlands Bank in the past
year were due largely to continued sterling purchases by
the Amsterdam exchange fund.
accessions

of

The technical position of the Swiss franc, which was
greatly strengthened in 1937, continued to improve in Febru¬
ary.
The National Bank's report attributes the improve¬
ment to the surrender of hoarded

gold, the repatriation of

Swiss funds, and the influx of foreign capital.
The report
stated that during 1937 the gold reserves of the National
Bank of Switzerland were

from

francs

slightly decreased to 2,679,000,000
2,709,000,000 francs at the end of 1936, but

foreign exchange held was more than 500,000,000 francs, a
increase.
The Swiss exchange fund remained in

10-fold

February
National

at

538,000,000

Bank

of

Swiss

Switzerland

francs.
On Feb. 15 the
showed total gold stock of

2,887,800,000 Swiss francs, and its ratio of gold to notes
stood at 205.6%.
Guilder cable transfers sold on Feb. 1
at

55.90@55.93, and

on

sold

on

cable

transfers

Feb. 28 at 55.98% @56.00.
Swiss
Feb. 1 at 23.18% @23.20, and on

(Continued

cm

page

65)

Angeles Stock Exch.
MONTHLY AND YEARLY RECORD

EXCHANGE

RANGE OF PRICES ON THE LOS ANGELES STOCK

aA LEU

AGGREGA TE

2,243,468

February

836,598

—

4,416,350

Jan. to Feb. 28__

February

STOCKS

Bandlni

Petroleum

1,000
1,000

500

1,400

100

"""75o

2,600
1,500
1,300
1,400

600

800
900

300

90c
27c

900

Chrysler Corp.........—.5
Claude Neon Elec Prod Ltd.*

Consolidated Oil Corp—....*

Consolidated
Preferred.

Steel com

.

1,300 Creameries of America

900

v t

655 District Bond Co

"""755

*
*
c.*

—25

15*

2

zl5

500
300
400
600
400

13,500

Hancock OU Co A—........*
1,000 Holly Development Co
1
200 Holly Oil Co.
5

5,600
200

500 cHudson Motor Car Co

*

100 International Cinema

..—*

....1
7,600 Jade Oil Co
6,025 Kinner Air pi A Motor Corp.l

3,875

13,450
4,900
19,200
2,200

3,075
2,200
9,400
1,300

"""255
5,000
1,200
2,600
25,000
200

Lincoln Petroleum Corp
1
Lockheed Aircraft Corp..-.1

2
10

L A Industries lnc

L A Investment Co

200

Corp common. 10
Preferred series A.......10

200

"""255

"""455
20

17

1.35

81

10,000

462*
65*
82*
35*

75*
9H
4

600

3,300
2,200
600

1,600
100

4,200

1,129
3,200
3,500
1,400
1,900
6,700
5,200
2,300
3,300

Original preferred......25
6% preferred...........25
5H% preferred.........25
So Calif Gas A 4% pref
25
Sontag Chain Stores Co Ltd. *
Southern Pacific Co...
Standard Oil of Calif

Sunray OU Corp

10#
*

9

42*

9

4

10
9

25
65c

26
80c

IK
6K

Sale

72*
92*
5
10

8

42*

11

8** Feo. 15
27** Feb.
3

50c

40c

Feb.

3

90c

1

92**cFeb.

7

38c

45c

40c

12*

Feb. 25
1** Feb. 28
10
Feb. 23

37c

Sale

1.25
Sale
9c

11c

15c

~~5c"

"5c "

20

4c

8
Feb. 26
Feo. 25

15c

K Sale

82*

95*

82 2* c 85c
410

390

34**
7**

Sale
8**
6

19**

29
65c

20

15

Feb.

7

18

Feo.

53** Feb.
7** Feb.

8

Feb.

5c

16

;

19

20**

Sale
80c

53**
7%
9%
4

9

"54**

10

4

45*

10**
11**
87**c Sale
390

4**
22**

Feo.

7

Feb.

15
3

35
9**
92*

32
8

15,500

Tranaamerica Corp

V

*

23
22

Feb.
Feb.

8
26

28**
29
67**c 77**c

75c

1**

1%

1** Feb.

5c

7c

5c

Feb.

11c

17c

10c

13c

10c

7

7
4

Jan.

29

Jan.

7

4

10
4

■&*' Sale

4

5

4

Feo.

2

65c

4%

60c

7

75c
Sale

5

Jan.

27
6

25c
5c

40c

6c

-

3c

76

85c

Jan.

10

27 1.30

Jan.

27

95* Jan.
IX Jan.

10

6
4

112* Feb.

15

112* Feb. 15

12

Feb.

15

12

Feb.

15

10

Feb.

10

18c

Jan.

20

75* Feb.

4

16c

Feb.
Feb.

5c

1

1.10

1

23c
6

Sale
7

3c

35c

60c

30c

12** Sale
11**
12

62*

12**
11**

1.10
5c

72*
50c

Sale

Feb. 26
Feb. 28
Fe
3
.

Feb.

65c

Feb.

1.10 Feb.
2c
Feb.

3!

Jan.

5

4

Jan.

10

102* Jan. 10
32* Feb. 28
45* Feb. 18
75c

60c

10

I 1.05

Jan.

28

1

lc

Jan.

19

30c

Feb.
Feb.

3c

192*
35**
100

26**
30**
272*
20**
36**
104

5*
3*

7
Sale

34
17c

25c

62* Sale
IK
2
3**
32*
1.30

72* Sale
3**
4
35
36
17c

62*

,

24c

Sale

m !*

1.40 1.25

1.30

15c

6

Feb.
Feb.

3
3
3

12* Feb.
22* Feb.

18

1.15 Feb.

16

10c

9c

25c

212* Sale
36** Sale
272* Sale

25;
29!

it*

Sale

30**
9

Sale

302* Sale
32* Sale
32K 35

25 J*
6c

27
8c

21** *25

Jan.

3

70c

Jan.

10

Feb.
Jan.

28

15c
30c

Jan.

11

,8

1.00

Feb. 23 1.20

Jan

14

16

3c

Feb.

28c

Feb.

7

Jan.

16
20

49c

Jan.

19

142* Jan.
112* Feb.

14

9c
22 **

25c

Sale
352*
362*
27
272*
252*
252*
292*
302*

5

Jan.

5

15

35c

Jan.

23

25

112* Feb,

16

112* Jan.
112* Feb.
Jan.

8

Sale

192* Sale
322*
33
3
32*

172* Feb.
292* Feb.
3

Feb.

31

Feb.

102*

35

Sale

20

15

Feb.

11

20

102*

102* Sale

132* Feb.
102* Feo.

9

Jan.

15c

23

2
Feb.
Feb. 25

Feo.

3

65* Feb. 17
12* Feb. 16
3 2* Feb.
3
1.30 Feb.

15

212* Feb. 21

8

7

16c

Feb.

262* Feb. 23

272* Feb.
252* Feb.
292* Feb.

16

72* Feb. 26
2
42* Feb.
8
342* Feb.

Feo.
Feb. 25
Feo. 18

Feb.
Feb.
Feb.

4

Jan.

Jan,
5
Feb.
%VA Jan.
Feb. 25 30
Jan.
Feb. 18
Feb.
Jan. 27 23
2 392* Jan.
Feb.
Feb. 25 1045* Jan.
Jan. 10 142* Jan.
6
Jan.
4
72* Feb.
35* Feb. 16
52* Jan.
32
Jan.
Jan.
5

15

Feb.
Feo.

35

18

Feb,

6c

202* Feb.

4

Feb.

62* Feb. 24

20
25c

25

9c

25c

255*
295*
275*
185*
365*
1032*
145*

Feb.

Feb.

2

3 xl6c
3
17
18

Jan.

8 xQOc
Jan.
3
25* Jan.
Jan.
18 113
Jan.
6 29

112
25
6c
20

25c

Jan.
Jan.

Jan.

15
12
14
26

10
14

25
10
11

Jan.

5

Jan.

12

8
3
19
13
11

4

25c

Feb.

3

242*
375*
275*
252*
305*
82*
215*
332*
32*
362*

Jan.

10

Jan.

25

Feb.
Feb.

14

Jan.

15
7

Feb.
Jan.

27

14

262* Jan.
242* Jan.

3

29

Jan.

4

75* Jan.
162* Jan.

3
28

Jan.

3

23
8

23

26

35

23

4

19

Jan.

202* Feb.

29

7

25

Jan.

21

1

16

12c

3
15

25

26

72*
25*
32*
15*

7

22

Feb.

Feb.
Feo.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
362* Feb.
132* Feb.
102* Feb.

23,

Jan.
Jan.

Feb.

1.10

3

4

8
19
7

Jan.

52* Jan.
15* Feb.
25* Feb.

Feb.

222*
562*
275*
252*
302*
82*
202*
335*
32*

5

11c

25* Jan.
25

11

26

60c

:r60c

8c

Jan.

25* Jan.

25c

50c

202* Sale

7c

1

3

Sale

23**

19
28

Jan.

23

16

62* Feb. 21
32* Feb. 16
8
342* Feb.

17

13

252*
262*
252*
292*
30**
295*
27 **
28
275*
23
22**
2 365*
372*
382* 362* Feb.
1032* 105** 1032* Feb. 25 1032*
_____

7

20

37c

5
252* Feb.
292* Feb. 25
272* Feb. 18
3
192* Feb.

10

Jan.

Feo,

1.10 Feb,
28c
Feb,

112* Feb.

Jan.

15* Jan.
4c
35c

Feb,

23
3c
Feb. 18
8
52* Feb.
35c
Feb. 23
1
12
Feb.
1

Feb.

1

Feo.
Feb.

622*cFeb.
12c
26c

3

2

92* Feb. 25
32* Feb. 28
42* Feb. 18

19

25c

19

15c

Feb.

60c
11c

22

15
15

3c

26c

6

292* Jan.

17

4c

Sale

Jan.

31

30c

62**c

17

6

Jan.

17

11c

18

232* Feb. 23

11c

Feb.

55c

10

FeD.

30c

24c

Jan.

15

10c

30c

13c

5

11

Feb. 21

1

Sale

21

Jan.

3

62**c

11

Jan.
375* Jan.
82* Feb.
9
Feb.

Jan.

10

60c
12c

Jan.

5c

Feb.

26c

Jan.

35c

Feb.

1.15

10

95c

3

lc

60c
1.05

26

4

252* Jan. 26
672*c Feb. 10
Jan.

10
31

17
17

1.05 Feb.

Sale

65c

27

Sale

3

42* Jan.
182* Feb.
76,
Jan.

95* Jan.
12* Jan.

Jan.

45* Jan.
42* Jan.

18 399

15* Jan.

1.10

252*
29 K

Sale

Jan.

,40«

5
10

Jan.

11c

Feb.

15c

4

Jan.

Feb.

72* Feb.
22* Feb.

16c

18

Feb.
Jan.

35c
5c

12

10c

15

8

112* Feb.

8**
2K
4**

10

21

3

15

19c

Jan.
Jan.

Feb.

5c

15

16c

18

622* Jan.
72* Jan.
102* Jan.

4

25

12* Feb.

8
17

Feb.

182*

26

21 1.35

302* Jan.
75* Jan.

FeD.

12

Sale

8

Feb.
Feb.

Jan.

390

292* Feb.

112* Feb.

29
Sale

Feb.

5c

82* Jan.

3
23

14

24**

5c
20

15

9

<

22

28

42* Jan. 26
3
92* Feb.
4
622* Jan.

18

Feb.

23** Feb.

27** Feb.
67 **cFeo.

1**

2c

•

23

Jan.

4

10

Feb.

5

14

37 X
Sale

12

Feb.
Jan.

5c

9

10

9

Feb.

9

20
50c
22 2*

22* Jan.
10

4

11

352* Feb.
8** Feb.

11

25
Sale

14

192* Jan.

9
Feb.
Feo. 24

14

62c
112*

4

Jan.

Jan.

492* Jan.
2* Feb.

6

Jan.

47c

16

1

Feb.

399

7** Feb.

9c

22*

A*

Feb.

Jan.

7 1.00
24

5c
5c

Feb. 25

4** Feb.
10

Feb.
Feo.
Feb.
Feb.

18** Feb.

23

42* Feb.
10

90c

9** Feb.
75c

5

5

4

4** Feb. 23

5c

8

45c
11

45c

Jan.

Jan.

12* Feb. 28

14

380

399

34**
8**

9
4

13

6c
2
Sale
14c
Sale
1.25
Sale

26

10

26

8** Feb.

8K
9%
4**

1%

Sale

4c

8

40c

Feb. 23
72* Feo. 21
10
Feb. 25

9K

75c
Sale

27

Jan.

9H Feb. 24
292* Jan. 11

37c

58

5c

8K

42*

Jan.

4

15
3

1.30

Sale

2K
4

1

11

92 2*c Feb.

Feb.
8
Feb. 26
Feb. 25

5c

13
17 c

10

27

Feb.

81* Feb.
272* Feb.

7%

35c
5c

Jan.

3

3** FeD.
1
9** Feo. 24
27** Feb.
3
45c
Feb.
9
1
Feb. 23
37c
Feb. 25
2** Feb.
8
10
Feb. 23

2

.....1

Superior Oil Co common
25
100 TayJor Milling Corp........*

For footnotes see page 65.




72*

7

500 Signal OU-Gas A
•
140 Signal Petroleum Co.......l
4,600 So CaUf Edison Ltd com...25

200

"

54

42*
4K

112,700 Sierra Trading Corp......25c

400

484

30

Feb.

22*
47 2*

36 Samson Corp B common....*
300
t% Preferred...........10
62 San Joaquin LAP 7% pr pflOO
662 Security Co units

1,300
1,100

3

182*

34,700 Richfield Oil Corp common.*
Warrants...............
1.100
7,600 Robert Public Markets.....*
8,100 Ryan Aeronautical Co
1

2,200

32*
924

1.35

16

.......1

11,300
700
5,500
2,800

140

32*
82*
275*

Preferred series C ......10

Pac Finance

3:600 Rice Ranch Oil Co

a:500

Highest
Sale Prices

9c

15

1,000 Puget Sound Pulp & Timber*
8,200 Republic Petr Co Ltd..
10
164
Preferred...............50

2,000

"5c"

162*

500 Pac Lighting Corp com
*
95
$6 preferred........——*
300 Pacific Western Oil Corp—•

10

Lowest
Sale Prices

5c

20

25
1,200 Pac Gas A Elec Co com
400
1st pref 0%
........25
300
52*% 1st preferred
...25
1,700 Pacific Indemnity Co......10

200
100
400
100

25*

2

16

90c
60c
13c
28c
1.15
19c

•

50c

37c

155*

"25c" "35c"

200

12*

95c

5c

65c
1.25

4,400

55c

40c

4c

9

1,500 Occidental Pet Corp.......l
5,600 Oceanic Oil Co_............l
32,000 OUnda Land Co....—......1
900 Pacific Clay Products......*
700 Pacific DlstUlers Inc.
1

200

29

9c

950 Mills Alloys lnc A
•
2,500 Mt Diablo OU Ming & Dav..l
24,800 Nor don Corp...
.......5

10,000

27

10c
7c

561 Merchants Petroleum Co...l
26,000 Mid-Western OU Co.......

161

Sale
9

5c

5c

....—....1
2,800 Mascot OU C>
15,400 Menasco Mfg Co
—1
41,800 Menasco Mfg Co rights......

900

3,800
8,200

Highest
Sale Prires

13

80 Knudsen Creameries
15
P. A..

80
zl5

32*

4c

1

2,900 Hupp Motor Car Co

1,800

"2'555

Lowest

Sale Prices

5

5

1,500 Emsco Derr A Equip Co
5
JH Sale
65c
—....1
27,200 Exeter OH Co A
410
85 Farmers A Merch Nat Bk.100 390
4,200 General Motors Corp
..10
302* Sale
500 General Paint common.. ..*
7
75*
7 2*
1,700 Gladding McBean A Co
82*
*
1,100 Globe Grain A Milling Co..25
42*
900 Goodyear TAR Akron com.*
17 2*
182*
30
77
75
$5 Preferred
*

12,400

1,600

55c
1 2*
50c

42c

*

374 Central Investment Corp. 100
200 Chapman's Ice Cream Co...*

244

35*

23"" "28""

1

Warrants

Bolsa Chica Oil Corp A
..10
230 Brock & Co 2d pref.......100
1,000 Buckeye Union Oil com....l
1,000
Common rot tr ctfs
1
1,000
Preferred rot trust ctfs..l
200 Byron Jackson Co
*

1,000

Ask Bid

8

1

3,100

"i'ooo

>

1

3 2*

*

100

2,500 Berkey & Gay Furn Co

100

230

1

Ask

Feb. 28

Feb. 1
Bid

1
Co—-.1

500 Barker Bros common
193
5H% preferred
3,700 Barn hart-Morrow Cons

150

Ask

Bid

4,300

500

3
1938

Par

100 Assoc Gas & El A

,

JAN.

Price

Jan

Jan. 1

~2"666

RANGE SINCE

_

dhures

Shares

—.

PRICES IN FEBRUARY

LOS ANGELES
STOCK EXCHANGE

Since

In

1938

Sales

289,295

Shares

February.__
Jan. 1 to Feb. 28--

1937

1938

Stock Sales

Bond

4

5
22* Jan.
302* Jan. 26
132* Feb. 23
102* Jan. 31

W

Feb.

4

8

Jan.

12

Jan.

11
20

Jan.

Feb. 23

Feb. 23
12

Jan.

March, 1938]
AGGREGATE

SALES

In

LOS ANGELES
STOCK EXCHANGE

Jan. 1

Shares
6,300
2,800
•

'mmmtrnm

PRICES IN FEBRUARY

23,300
8,000
7,300
2,400
20,000

•

9,000
—

1938

•

Black Mammoth Cons M ColOc
Calumet Gold

Cardinal Gold Mining Co

1

Cons Chollar G & S Co

2,400

200

200

"400

100

500 Com'wealth Ac Southern

,/ 400

11%

3,900 Curtlss-Wright Corp..

25c
1HC

lc

3%

3%
l%c

3%

lc

2c

25c

600 Goodrich (B F) Co
400 International Nickel Co

*

..*
100 International Tel Ac Tel...-*

6c

7c

400 North American Co.....
2,600 Packard Motor Car Co

1,100
800

Radio

2,200

Corp of America..

100

400 Radio- Kelth-Orpheum...

100

100 Seaboard Oil Co of Del..
800 Standard Brands Inc....

100
-

-

100
•

13

100

*

28

were

25.84

at

on
mixed trends in

on

Cable

that Argentina was

and

credits
a

reduced
effects

of

estimated

resources

yields, he

1937

6c

7Hc

•

6c

Feb.

15

Feb.

7

Feb.

6

Feb.

23

3% Feb. 25

18% Jan.
6% Jan.
5% Jan.

3

21% Feb. 25
10

26

31

3

Jan.

Jan.

8

6% Jan.
3% Jan.

5% Jan.
3

Feb.

5% Jan.

Jan.

11

Feb.
Feb.

11% Feb. 25

13

14

18c

Feb.

4

22c

lHcFeb.

5

lc

Jan.

10

Feb.
Feb.

16

15c

Feb.

16

lHcFeb.

1

15c
4

6c

Feb.

1

11

15

7
7

Feb.
Feb.

3

39H Feb. 17
16 H Feb. 17

6%

7%

8%

6% Feb. 23

32%
17%
Sale
19%
Sale
6%
4%
22%
8%

35%
17%
8H
19%
4%
6%
3%
25%
8%

36%
18%
9%
19%
4%
7
3%
25%
9%

3% Jan.
1 He Jan.
Jan.
Feb.

6c

20
15

19

Feb.

2

Jan.

21

1 He Jan.
22c
Jan.

13
21

4% Jan.

21

4
7

19%
4%
6%
4%
20 %

!"*
ill*
ill*

ill*

7

3

1

31% Feb.
9
3% Feb. 25
44% Feb.
1% Feb.

8

2

1% Feb.
3
4% Fee. 25
Feb.

7

1

18

Feb.

21

6% Feb. 23

Jan.

2c

29c

Jan.
Jan.

20

9c

Jan.

4

3

14

6

3%
21%

•

8

<tA

39%
13%

38%
14%
3%
22%
53%
6%

40%
Sale

42%
14%

29%
15%
7%
19 H
4%
6%
3%

Feb.
4
Feb.
3
Feb.
3
Feb. 23
Feb. 14
Feb.
8
Feb. 16

36%
18%
9%
19%
4%

22

Feb.

22

18

8% Feb. 26

43%
15

38% Feb.
13% Feb.

3
1

7

Feb.
Feb.
Feb.
Feb.
Feb.

23
23
25
25

17

4

16 145

Jan.
Feb.
Jan.
Feb.
Jan.
Jan.
Jan.

28

7

10
8

26

26

28

Feb.

3

Feb.

7

38%
16H
50%
6%

3
29
26

Jan.
Jan.
Jan.

15

Feb. 21
Jan.

29%
15H
7%
19H
4%

4
Feb.
Jan. 28
3
Feb.
Feb. 23
4
Jan.

Feb.

23

6

Jan.

28

16

3% Feb.

16

Feb.

18

38M Feb.
14

3
Feb. 21

22

Feb.

8%
49%
38%
13%

Feb. 26
Jan. 15
3
Feb.
1
Feb.

3

28%
53%
5%

29%
54%
6%

32%
33%
54% Sale
5%
6%

29 H Feb.

10

52% Feb.
8
5% Feb. 15

26

3% Feb.

8% Feb. 26

29% Feb. 10
57% Feb. 23
6% Feb. 10

18

Jan.
Jan.

26
10
28

5% Feb.

15

29% Feb.
52

14% Feb. 23
Jan. 26
36% Jan. 11
Jan. 10
Jan. 10
8
44% Feb.

Feb.

29%
3%
14%
44%
1%
8%
1%

3

39M Feb.

12
135

35

31%
16%
8%
18H
4%

Sale

♦

4

14% Feb. 23

16 139% Feb.

Feb.
Feb.

3

Rio

transfers

on

Sweden

Official

sources

in
for

said

he

a

statement

the coming

analyzing
year,




pre¬

While allowing for the
was convinced
that the

prosperity would be manifest for

months.

stated

Toward the end of the month

Finance Minister,

balanced budget for 1938.
crop

26

29c

its
2

Jan.
Jan.
Jan.
Jan.
9% Jan.
45% Jan.
18
Feb.
9

6
11
28
10
11
10
21

51% Jan. 20
6% Feb. 23
41

Jan.

15

36% Feb. 23
Jan.
10% Jan.

11

Jan.

12

Jan.
Jan.
Jan.

15

21%
5%
7%
5%

22
Feb.
9% Jan.
49% Jan.
41% Jan.

10
11

10
18
11

15
6

14

Feb.

21

3

Jan.

26

29% Feb.
■61% Jan.
7% Jan.

15
8

10

several

de

Janeiro dispatches on Feb. 16 stated that new
provisions relative to Brazilian imports on United
States goods had been
promulgated, effective as of Feb. 8.
The decree was quoted as
saying:
"Normal importations

credit

from the United States represented
by drafts will be covered

by exchange contracts to be liquidated in 30 days by sight
on the Bank of Brazil.
For importers operating with

drafts

current

accounts

on the daily
quota regime, coverings will
longer period and on the basis of direct understandings between the Bank of Brazil and the importers."

be

for

No
to

a

agreement

seems

to have

been reached

with

exports from Brazil to the United States.

tion is that

change

on

they

reference

The

assump¬

still subject to 90-day contracts.
Ex¬
Buenos Aires was quoted on Feb. 1 at 33.41@
are

33.43, and

on Feb. 28 at 33.47.
Exchange on Rio de Janeiro
5.85@5.90 on Feb. 1, and 5.90@5.95 on Feb. 28.
Exchange on the Far Eastern countries presented no new

was

enjoying the greatest prosperity it has

known since the World War.

dicted

3
1

1% Fee.

payments for goods imported without prior per¬
decree also promised further simplification of

Acevedo,

16

1%
Sale
7%
40%
16%

1 and 25.86% @25.88% on Feb. 28.
the South American countries presented
February, but for the most part quotations

the mechanism of exchange control.

Dr.

Feb.

3% Feb.
lHcFeb.

2c

1%
4%
7%
39%
16%

29 also the Argentine Department of Finance de¬
reduction from 20% to 10% in the exchange sur¬

The

mit.

15c

4

lc

1%
4%
7%
Sale
16%

Aires fluctuated violently when the Central Bank
Argentina withdrew its support from the free market.
Within a few days, however, the market readjusted itself
and exchange on Buenos Aires became relatively steady.

charge

3%

8
15

of

a

20c

5

44% Feb.
1% Feb.

Buenos

creed

12c

4

49%
2

for these currencies reflected the firmer sterling.
It should
be recalled that on Jan. 29 foreign exchange quotations in

On Jan.

20c

Feb.

lHcFeo.

48%
1%

Feb.

"v Exchange

Feb.

Odd lot

23.24% @23.25%.
on

13

18c

2c

44%
Sale

(Concluded from page 63)

Feb.

11% Feb. 25

19c

1%
4%
7%
39%
16%

36%
31%
15%

....

•No par valu

12H

8c

6

2,700 U S Steel Corp
iioo
1,800 Warner Bros Pictures.. ...5

800

10

17c
lc

13%
14
12%
12%
136H 137 H 135
Sale
30%
32%
33%
31%
30%
3%
4
3%
3%
3%

14H
44 y8

43 %

200 United Corp (Del)....... ...*
100 U S Rubber Co.......... ill*

1,300

21% Feb. 21

5% Feb.
4
3% Feb. 25

43%
1%

.....

200

1

11%
139%

144 % 145%
28%
29H
3*

300 Standard Oil Co (N J)... il25
200 Texas Corp
..25
200 Tide Water Assoc Oil.... ..10

•

10

Feb.

8

'

5c

Sale

12

300 Kennecott Copper Corp. ...*
2,200 Montgomery Ward Ac Co.
2,800 N Y Central RR
6,600 No Amer Aviation Inc... IIIi

300

19% Feb.

6%
3%

3%
Sale

35c

700 Electric Bond Ac Share......5

1,200
2,200

Highest
Sale Prices

\

1,000 General Electric Co........*

"i"io6

Lowest
Sale Prices

11%

lHc
22c

15c

20c

10c

5%
: 3

Sale
Sale

lc

1

100

100

Sale

5%
3%

13
19c

U%

18c

..*

200

400

Sale

10

5%
2%

200 Bendix Aviation.. ..........5
100 Caterpillar Tractor.........*
800 Cities Service Co
.......*
200 Commercial Solvents.......*

""loo

21

Sale

Highest
Sale Prices

STOCKS—

Amer Rad & Stand San.....*

1,700 Anaconda Copper Mlnlng__50
1,200 (The) Aviation Corp (Del)..3

300

1

Lowest

3

1

300 Amer Tel Ac Tel Co

700

RANGE SINCE JAN.

Sale Prices

Ask

Sale

19%
8

Imperial Development Co.25c

UNLISTED

1,500

Feb. 28

Ask Bid

Bid

18% Sale

Mines Co._ltc

100 Tom Reed Gold Mines Co
1
19,600 Zends Gold Mining Co......l

-i

1,500

m m

Ask

Bid

MINING STOCKS—
300 Alaska Juneau Gold M ColOc

200

13,000
4,000
2,200
1,000
mm

Feb. 1

4 Weber Showcase & Fix pfd__*
3,300 Wellington Oil Co
1
700 Yosemlte PortI Cement preflO

100

;

STOCKS

15,300 (Jnlon Oil of Cmllf
25
4,500 Universal Cona Oil Co....10
100 Van de Kamps Bakeries
„*

"900

i

65

EXCHANGE

Jan. 3

Shares

m

STOCK

Price

Since

February

ANGELES

LOS

features of importance during
February. All these curren¬
move
in close sympathy with
sterling.
The London
silver price on Feb. 1 was 20 3/16d., and on Feb. 28 20

cies

Hongkong dollars
31

9/16

on

Feb.

were

28.

31.31@31%
The

on

Shanghai

Feb.

l/16d.
1, and 31.38@

dollar

29 15/16 on Feb. 1, and 29.63@30.00 on Feb. 28.
sold at 29.04@29.07 on Feb. 1, and at

was

29.02@29.04

29.58@

Yen checks
on

Feb. 28.

Cleveland Stock Exchange
MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON THE
-

1938

Stock Sales

February

Jan. 1 to Feb. 28__

sales

aggregate
In

Since
Jan. 1

100
,y62
100
•

STOCKS

5

5

175
25

""985
100

9,791
60

,

322
45
486
120
72
54
27

150

45

""loo
23

54

27

270
348
254

159
440

150

Foote Burt.

Foatoria Pressed Steel..

1,335

1

.*

Medusa Portland Cement...*

55

104 Metropolitan Paving Brick..*
*
25 Miller Wholesale Drug..
305 Monarch Machine Tool Co..*

100

1,030

3,065 NationaljRefinlng.

550

300
100
185

45

14

402
140

1,266

...25

Corp..—.........3
1,620
750 Reliance Elec 8c Eng........
Peerless

3,310

Rlchman

Bros

...

*

440 Seiberling Rubber.........*
Preferred
......100
285
651 S M A Corp common.......!
280 Troxel Manufacturing......1

30
20

35

10

1,713

735 Upson-Walton

3,495

240

530
234

♦

41

25

....

6

43
15

58
20

14

16

4

3%

Sale

12 %
4

JAN.

1

59 K

28%

8i*

27

31

18%
4%

19

10
31
3
17

10%

14%
Sale

3

Sale

22

4

13

0%

1

Sale
12

,1*

18

10

35

a

2%

Sale
100

7
2%

6)4
2 )4
20

14

% Feb. 17
16K Feb. 23

17
7
1

31

Feb.

11

114

Feb.

7

Feb.

18

10

55
Feb.
107** Jan.

65

Feb.

15

12
25
12

Jan.
Jan.

21
12

3
13 108
32
__

Feb.

25

% Feb.
14% Feb.
30% Feb.

17
7
1

29

% Feb. 17
18% Jan. 10
31% Jan. 22

6 114
67

109

Jan.

60

Jan.

28

20% Jan.

18

Feb.

8

65

4
3

21** Feb. 28
11

3

11

Feb.

3

Jan.

6

8% Jan.

""2M Feb7 v8

2

Jan.

27

2% Jan.

24
26

61

11

Feb.

Feb.

Feb.

3

21** Feb. 28
11

8
3

26

3

25

Jan.

22

Fee.

3
7

45% Feb. 18

45

Feb.

3

45** Feb.

Feb.

17
30

4
83

5
Sale
Sale

3)4
29

14

Sale

2K
IK

Sale
Sale
100

7
5

Jan.

Feb.

20** Feb.

6

95

Feb.

40

13

20% Jan.
2% Jan.
64** Jan.

~2% "Feb"

10)4 Sale
2K
4)4
5

14

Feb.

3

45

19 %

4%

Sale

11

115)4 113)4 Feb.

21)4 Sale
10H
11)4

25

16)4-17)4
38)4

36
90 K
5

-

5)4

35

17% Feb.

1

37

Feb.

24

1

92

Feb.

1

35
92

Jan.
Feb.

7
1

Feb. 25
Feb. 24

6

Feb.

9

5

Jan.

13

42% Feb.

2

38

Feb.

24

Feb.

14

16% Feb.

3

15
5

Feb.
Feb.

18

17% Feb.

3

4

Feb.

17

8% Feb.
3% Feb.
Feb.

4

Feb.

24

Feb.

9

3 K Feb.

10

5)4

28

6
12

3k
Sale

20M
3)4
6)4
12)4
15)4
7 k
30
3)4 Sale

16**
2%

60

2h

Sale

3

27^ 29*

28

15

Feb. 17
Feb. 23
Feb. 17
8
Feb.

60

Fe

>.

28

2K Feb. 14
3
k Feb.
Feb.
Feb.

8
16

37

31

12

31

10% Feb.

2

17 K

18
5%
5)4
9)4
13
33)4 Sale
3)4
3k
24)4 Sale
11

4)4
9
6k
2)4
6%
2%
18%

12

Sale

Feb.

15

4)4 Feb.

3

Feb.
Feb.

5

18
9

18

xz"

9
33
3 K Feb. 17
25
Feb. 25

18
21

25
26
18
19

3

20

Jan.

4

4% Jan.

3

18% Jan.
6% Jan.
10% Jan.

16% Feb.
15
8

Jan.

10

21

Jan.

Jan.

18

Feb.

1

3% Feb.

9

4

Jan.

Feb.

2

28

Feb.

2

31

Jan.

12

Feb. 24

15

Feb.

9

18% Jan.
3% Jan.

26
12

Feb.

14

Feb.

Jan.

17
17
17
11

Jan.

24

Feb.

10

Feb.

17
17

8% Feb. 17
3
3 k Feb.
Feb. 28
60

3% Feb.
6% Feb.

13

Jan.

10
17

it*

8% Feb.
3% Feb.

10
17
8

Feb.

28

70

2% Feb.
% Jan.

14

3

60

28

Feb.

8

29

31% Feb.

8

31

Feb.

16

33

Feb.

7

11

19% Feb. 24
5% Feb.
9
10** Feb. 14
35

Feb.

1

3% Feb. 17

Feb.

Feb.

Feb. 23
3
K Feb.
29
Feb.
8
3

Jan.

4

13

Jan.

4

4

Jan.
Jan.

22
26

2

11% Jan.

17

Jan.

10

Feb.

10

4% Jan.

5

Jan.

10

9

Feb.

5

31

Jan.

3

15
11

2% Jan.

7

11% Jan.
36% Jan.
3% Jan.

21

10** Feb.
18

25
11

Feb. 25
Feb. 18

17

4% Feb. 28

6

2%
6%
2K
18%

Feb.

2

Feb. 21
4
Feb.
Feb. 19
Feb. 24

Jan.

3

32% Jan.

10% Feb.

1

11

Jan.

4

4

Jan.

6

Jan.

6

n*

Feb.

10

1
10 K Feb.
4 % Feb. 28

11

6)4
Sale
Sale
2H
19

Jan.

6% Jan.
44% Jan.

28%
16%
3%
6%

9
2

6%
13**
8%
3)4

28

81*
95

17%

1

16 J*

2k

14

Feb.

20

9

7

17% Jan.

1

15

18

1

7

38

19

7

Feb.

38

Jan.

Feb.

35

Feb.

29
35

35

17% Feb.
36% Feb.
92
Feb.
5

Feb.

37
15

12

,

4%

)4 Feb.
14)4 Feb.
30)4 Feb.

Feb.

31

15
25

26

19

13

57

Feb. 25

Feb.
Jan.

2% Jan.

65
37

3%
%
29
33

28

33

11

a

15% Sale

29

65
17

35

10)4

%
29

303*

3)4

2)4
H

15

Jan.

Jan
20
Jan. 25
Feb. 21
Jan. 10
Jan. 25

46

8
43
n%
16
181^2
5
5%
8
8X
3)4 Sale
283^
30
16
18%
3
3)4
9
6)4

40

Feb.

19% Feb. 25
2% Feb. 15

6

6%
11**
10
Jan.
4
16%
100% Jan. 10 100%
11** Feb. 25 12%

5k Feb. 23
10% Feb. 25

25)4

31)4

3

3

65

Sale Prices

55

Sale

14

2%
%

111%
28 %

Highest

Sale Prices
5
Feb. 17

30

Sale
Sale

9

3%

3 K
64 K

"2% "2% "3)4

5)4
40%
i6 x

28%
31
16% Sale
2%
3%

Van Dorn iron Wke Co com.*

*
460 Vlchek Tool
2
728 Warren Ref & Chem com
840 Weinberger Drug..........*
..100
100 W RI Corp pref

x%

17 )4
36^

40

5

30 Union Metals Mfg Co.......*

"""447

a

92

'34%

Preferred.......

.......*
504 Packer Corp
627 Patterson-Sargent. ........*

299
490

... .

.....100
.*
937 National Tile
...»
400 Nebtle Le Mur "A"
110 Nineteen Hundred Corp A..*
........*
232 Ohio Brass B
15

10

2

10* llH

100 Murray Ohio Mfg..........*

24

aw
Sale

12% Feb.

Feb.
18** Feb.
2% Feb.
55
Feb.

65
19

68

2)4
25)4

10% Feb. 25
13)4 Feb. 18

Feb.
5
5% Feb. 23
10% Feb. 25
16% Feb. 21
6

11K Feb.

11%

72

60

..5

835 Lima Cord Sole & Heel.
515 McK.ee (Arthur G) B

14

112)4 114

*

566 Jaeger Machine
...*
214 Kelly Island L 8c T
..*
2,079 Lamson Sessions...........*
........*
555 Leland Electric

11**

110

*

*

10
10

18

15% Sale
30)4 Sale

Great Lakes Towing
—100
Preferred..
.......100

Grelf Bros Cooperage

5% Feb. 23

106 X 108% 108
Sale
30

*
.....

5

6

62 %

%

17

5

100

"l3%

56*

Feb.

3 %

725":"

18

Faultless Rubber......—..*

Federal Knitting Mills.

.........

25

¥

..............

40 Halle Brothers

190
1,005

..

Preferred
520
21 Hanna CM A) $5 pref........*
—-•
608 Harbauer.
........*
2,861 Inter lake SS

150
I

Preferred.

364 Dow Chemical 5% pref.. .100
121 Blec Controller 8c Mfg......*

61

16

xZ*
xo8H

Highest
Sale Prices

m

6

5

Canfield OH 7% cum

Ask

Ask Bid

Lowest

Lowest

Sale Prices

Feb. 28

Feb. 1
Bid

845 Clark Controller new_..._.l
133 Cleveland Builders Realty..*
1,672 Cleveland Cliffs Iron pref—*
36 Clev El ,111 $4.50 cum pre!
*
—100
1,634 Cleveland Rys
105 Cleveland 8c Buffalo Tran..*
•
16,982 Cliffs Corporation v t c
210 Commercial Bookbinding...*

75

20
235

Par

8c Mfl...
*
prof 100
761 City lea Ac Fuel....—
*
K

771

3
1938

700 Apex Electric

"'405

RANGE SINCE

Price

Shares
183 AJr-Way El Appl lit 7% pf 100
427 Akron Braaa Mf£ common...*
490 Amer Coach 8c Body........*

650

Jan. 1 to Feb. 28-_

Jan

February
Shares

-

—

PRICES IN FEBRUARY

CLEVELAND
STOCK EXCHANGE

1937

1938

Bond Sales

February

95,904
171,965

1,223
56,331

Shares

1.

CLEVELAND STOCK EXCHANGE

1937

Jan.

28
14

17

7

1

6

Feb.

2

7

Feb.

1

8

2

Jan.

6

Jan.

7

Jan,
Feb.

26

Feb. 23

3
7

3

7

20

Jan.
Jan.

23
5
25

60

Jan.

29

'Feb.
2% Feb.

2% Feb.
20
Feb,

1
1

2% Feb.
18

Jan.

60

Jan.

19
3
29

No par value.




t

/ ;v;

11'
■

In the earlier
part

of this publication complete records of the dealings

the country, for the latest month and for
the calendar year to

General Quotations

we

only those dealt in

on

index

'M:

date,

on

the leading stock exchanges of

furnished.

In this department of
comprehensive whole, securities of all classes and descriptions, not
exchanges, but also leading unlisted and inactive securities.
The following is an

combine in
the

are

one

the different classes of securities
quoted:

to

Page

Exchange Seats

6

Page

Page

83

Joint Stock Land Bank Securities

Federal Land Bank Bonds

91

Mining Stocks

84

Foreign Government Bonds..........

Real Estate Bonds..

92

Municipal Bonds—Domestic....

91

Real Estate Trust and Land Stocks

Industrial

—————— —

Bonds........................

81

Industrial Stocks.......................

84

Public

Utility Bonds

99

Public

Utility Stocks..

..111

Insurance

Stocks.......................

Investing Companies Securities.......... 72
Quotations for all securities

are as near as

Canadian

........

...........

71

..............112
.....

84

.........—

84

93

...

........

Title Guarantee and Safe Deposit Stocks. 84

78

United States Government Securities...••

91

67

.............

Textile Stocks

73

.....

Railroad Bonds

possible for the

Railroad Stocks

United States Territorial Bonds..........

91

closing day of the month preceding the date of issue.

The letter "f" 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
provide for it separately in making payment. In the case of income bonds and bonds in
default, the price is
always "flat," and no designating mark is employed to indicate the fact.
'
Quotations for equipment bonds are based on average maturities.
*

Quotations for guaranteed stocks

"and dividend" that is the accrued dividend must be
paid in addition to the price.
of these tables that the quotations for
many inactive and unlisted securities are merely nominal, but in all
cases the figures are obtained from sources which
are considered reliable.
The following abbreviations are often
used, viz.: "M" for mortgage, "g" for gold, "gu" for guaranteed, "end" for
endorsed, "cons" for consoli¬
dated, "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.
are

It should be borne in mind in the

use

.

NOTICE—All bond prices

Bonds

Bid

are

"and interest" except where marked "f" and income and defaulted bonds.

Ask

Bonds

15

20

Atlantic Coast Line of S O—
Gen 1st g 4s Juiy 1948
—J&J

92
Akron & Barb Belt g 4s 1942. JAD
100
Akron Canton & Youngstown—
Gen & ref 6s 1945 series A. A&O f
40
Gen & ref 5 Ms 1945 ser B.A&O
/ 40
Alabama Great Southern—

94

RAILROAD BONDS
Aberdeen &Asheboro 1st 5s'40J&J f
Adirondack 1st 4 Ms 1942 gu M&S

cons

g

5s 1943 ser A—.J&D

105
102

1st cons 4s 1943 ser B_—J&D

Eq trust 5s ser G 1938
A&O
Alabama Tennessee & Northern—
Prior lien 6s 1948
J&J
Gen income 6s Oct 1948...J&J
Alabama & Vicksburg Ry—
1st M g 5s 1974 st rles A..M&N
Albany & Susq 3Ms g 1946..A&O
Alleghany Corp—
Coll tr conv 5s 1944..—.F&A
Coil & conv 5s 1949....—J&D
Coll & conv 5s 1950—.—A&O
5s stamped 1950-...A&O
Allegheny Valgen 4s 1942..M&S
Allegheny & Western—
1st mtgf guar 4s 1998....A&O
American Refrlg Transit—
Equip 5M®series E 1939..M&N
Equip 5s ser F. G & H. *41-'45
Anacostia & Potomac—
See Public Utilities.

108
104 M

1.5<

1.00%

b

14 M
2

/
/

Atchison Topeka & Santa Fe—
Gen mtge gold 4s 1995——A&O

4

:

A&O

59

63

A&O

66

67
52
27
33

4Ms 1939--F&A

51

86

73

Conv g 4 Ms 1960
F&A
Ref & gen 5s 1995 series A. J&D
Ref & gen 6s 1995 series C. J&D
Ref & gen 5s 2000 ser D..M&S
Ref & gen 5s series F 1996.M&S

26

71

/
/

51M
38
28^
105%

53
45

106 M

32

35x4
31M
31M

Eq tr 4Ms 1938-40 (yr)_._M&N
Eq tr 4Ms '39-'41 O (yr)__F&A

6.59
6.50

Pittsb Lake Erie & W Va—

33
b 4.00
6 4.76

75

3.00
3.50

35
96
105

109M

109 M

101M
100M
100
100 M
100

106
111
110

102

50

1st M 4 M
1944 ser A
J&J
lot M 5s 1944 ser B__
J&J
Atlanta Knoxville & Northern—

80 M

95
88

106

116

98

102

101M

Atlantic City

75
93

97

1st cons 4s July 1 1952—M&8
Conv deb 4c 1939 op '16—M&N

88

88M

54

94
71

95
72 M

10-yr coll tr 5e May 1 '45. M&N

80 M

82 M

Lou & Nashv 4h Oct 1 *52.M&N

72

74

1.75%
1.75%

accrued

QO

5.50%
5.50%
56 M
43 M
42

110

101M

111
104

103

106

107
106

107
106

Washburn Ext 1st 5s *39—F&A
Battle Creek & Sturgia—
1st guar g 3s 1989
J&D

55

60

93

100

85 M

80

102

Equip tr 2 Ms 1938-1947
M&S b 2.75
Big Sandy Ry 1st g 4s 1944..J&D
107M
Birmingham Southern—

Equip trust 3 Ms Dec. 11938-46

2.25%

3.75

2.75%

93
60

96

Boonville St L & Sou 5s '51.F&A
/
Boston & Albany 5s Oct '63..J&J
58 June 1942
...J&D

23

b

5s

interest.

Jan

k

89
97

100
82
87 M
78

100 M

85
89
82

75

n

Nominal.

44

38

38
42
40

36

Bale.

42
35

36

1945

AO

M&S

Equip trust 3Ms Dec 1 1938-44
Eq 4Mb 1938-1943 (yr)
A&O
Equipment trust 5s
Boston & Maine (old)—
4s Aug 1942
.......F&A
3s July 1950
J&J
Eq tr 6s 1938 (year) —J&D

42

40

%

35

b 4.50
b 4.50
b 4.50

34
30

6 6.00

Boston & N Y Air Line—
1st mtge gu g 4s 1955
F&A f
Bost & Prov deb 5s
July 11938—
Boston Rev Beach & Lynn—

10
97

1st m 4Mb Juy 15 1947..J&J15
/
17
Gen mtge ext 6s
1938..J&J15/
5
Boston Term Co 3 Ms 1947—F&A
93
4sl950
.J&J
98 M
Brooklyn & Montauk—
2d (now 1st) glold 5s 1938.J&D
100 %
Buffalo Creek 1st 5s 1941
J&J
82
1st ref 5s 1961
J&J
72
Buffalo Rochester & Pittsburgh—
Con g 4Mb 1957
M&N

Equip trust 5s 1938
J&D.b
Buff & Susquehanna RR Corp—
1st 4s Dec 30 1963
J&J
Burl Cedar Rapids & North—
|

Butte Anaconda & Pac 5s '44 F&A
Cambria & Clearfield—
1st 5s g 1941
J&J
Gen M g 4s 1955...l
F&A
Cambria & Indiana—

4Ms

guar

1951

1956

5

M&S

F&A
J&D 15

4Mb guar 1955
40 yr 5s guar 1970
F&A
6s guar July 1 1969
J&J
5s guar Oct 1 1969.......A&0
58 guar 1954
.....F&A
16-year guar 3s 1950
J&D
13-year guar 3s 1950
J&D

16

21
15
94 M

100

80

31

4.00%

68

8M
7M

72

9M
9

98
106

100M

101M

94

114

114^
115 k

117M
119M
116
119

118
97

Guaranteed

3s 1944
M&N
103
Guaranteed 2s. 1938
M&N
100 M
7-year guar 2a 1943
F&A
99 M
4-year guar 2s 1942
J&J
99 M
17-year guar 3s 1953
F&A
97 M
Eq tr 4 Ms 1938-1942 (gu) M&N b 3.25
Eq tr 4Mb 1938-45 (ann).J&D b 3.25
Equipment trust 5a
3.25
Canadian Northern—
S F deb 6Mb 1946

37
34

5.00%

M&N b 4.00

.

95

1946

Last

ser

_

85

...

5s June

5s 1967

4 Ms guar

Blrm Term 1st g 4s 1957
gu.M&S
Bluff Point Land &
Imp 1st 4s '40

July 1 1938...—
J&J
Ms impi 1978
F&A
lgt mtge 4 Ms ser A 1943..A&O
3 Ms Jan 1 1951
J&J
Ref 3Ms 1952 gu N Y O..A&O
Boston & Maine (new) 5s Sept *41
4s-5e April i947
5s April 1944

m

1st m 4s 1955 ser 2
M&N
1st m5Ms 1961 ser JJ....A&0

Canada Atl Ry 1st 4s 1955.-J&J
i
Canada South 5s 1962 ser A.A&O
Canadian National Iiys—
4 Ms guar 1957
J&J

101M

Belt Ry of Chatt 1st 5s '45..J&J

40
43
43

May 1940

1st

Ask

40
41

58 March 1942
5s Jan 1943.—..—..

Eq tr 5M« 1938

Belvidere Del cons 3 Ms 1943.J&J
Bessemer & Lake Erie-

Bid

Con 1st & coil tr 5s g '34..A&0'/
Certificates of deposit..
/

50

Bay City & Battle Crk 3s '89 J&D
Bedford Belt 1st 5s 1938
J&J
Beech Crk Ext 3Ms 1951
A&O
Belt RR & Stk Yds (Indplis)—
1st ref gold 4s 1939
M&N

4

Gen unlfser A 4Mb 1964..J&D

price includeb

M&N

36 H
32

Bangor & Aroostook—

5s

1st 4s 1951...J&J
1st 5s ext May 1 1954
M&N
Atlantic Coast Line RR—

Equipment trust 4Mb
& 2.25
Eq 4Mb 1939-41 E <yr).__F&A b 2.25
Atlantic Coast Line (Conn)—
Irred ctfs of indebt 5s—..J&D
89

Refund gold 4s 1941

8 W Div 1st 5s 1950
J&
Toledo & Oin Div 4s 1959.J&J

1st M 5s g Jan 1 1943—
J&J
Cons refund g 4s 1951—...J&J
4s stamped 1951
Piscat Div g 5s Jan 1943..A&O
St Johns Riv Ext gu 5s '39.F&A
Van Bur Ext 5s g Jan '43.A&0

See Seab'd Air Line
Atlanta & Charlotte Air Line—




88
84

101M

& Ohio—

1st M 4s g July 1 1948
1st M 5s July 1 1948.

51
105

83
76

Baltimore & Harrisburg Ry—
1st M West Ext g 5s 1938.M&N

sec notes

Bonds
Boston & Maine (new) Concl—
5b May 1943

5s

46
104

5-yr

Atl & Blrm.

/ This

29 M

92

...

5Basis.

99
31

27 M

88
70

Adjustment 4s July 1 1995 Nov
Stamped
M&N
Conv g 4s of *09 due 1955. J&D
Conv g 4s '05 due 1955
J&D
Conv g 4s of '10 due I960. J&D
Conv deb 4Ms 1948—J&D
Trans S L 1st g 4s 1958
J&
Cai-Ariz lst&ref4 Ms'62 opM&S
Rocky Mt Div 4s 1965—J&J
Athens Terminal Ry—
1st g 5g 1937-J&J

1st mtge gold 5s 1946.....J&D
1st cons 4s Mar 1 2002...M&S
Atlanta Terminal 6s 1939—F&A

98

Ask

29

J&J
J&J

1st mtge gu g 4s 1949
A&O
Aug Term 1st gu g 6s 1947-.A&0
Austin & Northwestern—
1st mtge gtd g 5s 1941
J&J
Augusta Union Sta 4s 1953..J&J

17M Baltimore

_

Ann Arbor 1st g 4s 1995
Q-J
Ark & Mem Ry Bridge & Term—
1st M 5s 1964
M&S
Aroostook Nor 5s g 1947--—A&O

Atl & Danville 1st 4s 1948
2d g 4s 1948

Atlantic & Yadkin—

42
42

_

1st

Bid

...J&J

124

104
100 M

100 M

124 M

RAILROAD BONDS

68

NOTICE—All bond prices are "and interest" except where marked "f" and Income and
Quotations for all securities are as near as possible for the closing day of the month preceding

Cons deben 4s

22 1943.

8 f 4Ms Dec
Coll tr 4Kb

Chicago & North Western Cont.

85 X

perpetual—J&J

20-yr coll tr 4 Ms 1946
Coll tr 6s 1954

97m

94m

M&S

101%

15 1944—J&D 15
1960
-J&J

M<^S

Conv coll tr 6s 1942

15-yr conv coll tr 4s 1949--J&J
Cony coll tr 3M« 1961—
Conv coll trust 3s 1945
A&O
Coll trust 2 Ms 1941
A&O
Eq tr 5s 1944
J&J
Eq tr 4Ms 1938-1945s-a—J&D
Caro Cent 1st g gu 4s 1949—J&J
Caro Clinch & Ohio 5s 1938-J&D

Certificates of

cons

107

1940-J&J
4s'48—J&D

Cent Ark & East 1st 5s

10

Cent Br Un Pac 1st g

23m

Central of Georgia—
1st M g 5s Nov 1 1945

Chicago Term 1st jet 4s

25
11

-?AA

6.00
6.00
6.00

Eq tr 4Ms 1938-*41 (yr)—F&A
Central Pacific—
1st ref 4s g guar 1949—
F&A
1st g guar 4s Oct 1 1954
A&O

5.00

Chicago Union Station—
Guar

1st mtge 3 Xs ser
Guaranteed 3 Ms

38

W*
26

34M
30

4.00%

99

59'
5s 1960
F&A
&
80
75
European loan 4s 46 ——M&S
Central RR & Banking of Ga—
Feb. 26
Colltr g 5s 1937---—M&N fk 30 m
Guar g

62

87

90

4.50

98

cons

.

b

101

ioim
2.00%
2.00%
2.00%
1.10%
1.00%
108

1.50

108 m

106m

Series C

1.00%

108 m
107 X

104

J&D

81X
92%

64M
101 %
78

100

*40—j&j

86

107 %
66

102

99

22

104m
96

103
106 m
2.00%

4s

21

4.50%

88 M

3.25
101
42 m

104 m

A&O

Connecticut & Passumpslc
1st gold 4s

1943
1943

109

j&J
Rivers

42

A&O
M&S

Concord & Claremont—
1st 5s 1944

104

F&A

Columbus & Toledo—
1st ext g 4s 1955

Conn River gold 4s

90
75

—-

85

1940—F&A

-

is*

90

93

Mar 15 '51-M&S 15
116
M&S
11
Consol Rys 1 N II) deb 4s '54 .j&J /
11
Deb 4s 1955
j&J /

20

12

15

13

15

5%
5%

7m
7m

24 m

26

80

83

99

101

105m
103 m
111

106 m

112

100

110^

12

4m

12m
4m

29

j

b

32

28

37

32m
32m
32
6.75
6.75
6.75
6.75

/
/
f
f

16

17
17

18 %

33 h
33 X
34 x
5.50%
5.50%
5.50%
5.50%

Amended

1st

con

16"

Certificates of deposit—

n Nominal.

4m
101
95
90

J&J
J&J

Genesee River 6s 1957

S£H
22

36

101

51 %

4.00%

3
7

5.00
5.00

10%
4.50 %

115"
99 m

18*
20
5.50
102
50
50

85
106 m
102 m
80

il*
92
96 m
98

M&N

95 m

Gen 4s 1962 Can Govt gu.-J&J

109 m

4.00%
4.00%

/
/

14m
11

15

/

56

59

107
102 X

'61 opt *41 -J&J
ser B
J&J
J&J
Gen 4Ms 1976 series D
J&J
Gen 4Ms 1977 series E
J&J
Gen mtge 4s ser G 1946
J&J
Gen mtge 4sser H 1946--.-J&J
Gen mtge 3Ms ser 1 1967--J&J
Eq tr 2s 1938-1947
—M&S
Eq tr 4 Ms 1938-1939
M&S
Eqtr4Ms 1938-1940 D/yr) J&J
Eq tr 5s 1938 1 yr)
M&S
1st & ref g 4mb

Gen M 5Ms 1952

95 m

87%
87%
100

91x
80%
2.70
1.75
2.00

1.25

Express
2.00

Eq 5s J'ne lo'38-"39 <vr)J&D
Eq tr 4mb 1938-1940—J&D

2.25

Greenbrier Cheat & Elk—
88

J&J
W Va Midland Ext 5s '54-J&J
Greenbr Ry 1st g gu 4s "40-M&N
Green Bay & Western—
1944

Debenture ctfs

B

Guantanamo &

85

104 X

/

Feb
Feb

A

Debenture ctfs

15

92 %
4.25
80

Gen M 5s 1973 ser C

1st 5s

54

9m

Western—

57

Guayaquil & Quito 1st 5s '32 J&J2

/
3
fk 42
/
33
/ 33

.J&J

9

1st M 6s 1958 series A

98

3%
Jan. 24

Gulf Mobile & Northern—
1st

5M« 1950

ser

B

7

...A&O

A&O
Ship Island RR—
Feb '52.J&J
Stmpd 1 July 1 1933 cpn on).

1st 5s 1950 series C

40"

Gulf &

J&J

50

8X
45

(Lake Superior) 4s 1955—
1st 4s Feb 25 '39 Alb gu—M&N

Wostern Fruit

7
6

60

3m

Great Northern—

52%
48 %

88*
95
24

J&J
(Mountain and Prairie)4s 1955

48 m

b

5

104

26

Pacific—

38m

9m

2%
4X

22

1st g gu 4s $ July 1 1950
J&J
Eq tr 5s Dec 14 1938 '43 «yr)._
Grays Pt Term g 5s 1947
J&D

5.50

•

19

1st M 3s 1962

Gulf Terminal of Mobile—
1st mtge g 4s 1957 gu

k Last sale,

1%
IX

Proof of claim riled
Fort Dodge Des Moines & Sou—
1st 5s 1938—
_-J&D

18

b

9m

1982

4 Ms

14

4.50

.—.

(Nov '32 and May '37 coup).

IS*

102

b

40

Grand Trunk Western—

50 X

ex

2%

16 m

33

b

/

Proof of claim filed

1st ref & term g 5s

18m
17 X
17 X
18%

/ This price includes accrued interest,

20

Gen ref gold 4s 1950
—J&J
1st cons ref 4mb '52 opt.-M&N

1 st 4s Feb 15 '42 Alb gu..

34

B—A&O I

Eq tr 4Ms 1938 *42 <yr)..M&N
Equipment trust 5s
Equipment trust 5Ms.
Denver & Rio Grande—
1st con g 48 1936—
J&J
1st con g 4mb 1936
—J&J
Denver & Salt Lake Ry—
Inc mtge 6s Jan 1 i960-An Apr
1st 4s 1950
J&J
Des Moines & Fort Dodge—
Ctfs bf dep for gtd 4s 1935-J&J
Des Plainos Val 4 Ms 1947.-M&S
Det & Mack pr lien 4s 1995-T&D
Mortgage gold 4s 1995—J&D

87

18

Certificates of deposit
Georgia Fla & Ala 1st 6s '52-F&A
89
Georgia Midland—
1st g 3s 1946
83 m
|
--A&O
Ga RR & Bkg ref 6s 1951—A&O
4s Jan 1 1947
J&J
2.25%
Ga Sou & Fla 1st g 5s 1945
J&J
Deb 5s 1952
A&O
43 %
Eqtr 4Mb 1938-1939 s-a—M&N
Girard Point St'ge 3 Ms '40--A&O
Goshon & Deckert'n 1st 5 Ms 1978
2nd ext 6s 1979
M&N
112
Gouv & Osw 1st 5s g 1942
J&D
Gr R & Ind 1st 4 Ms 1941
J&J
1st 3Ms 1941
J&J
Grand River Valley 1st 4s 1959..

40

Aug '55—F&A /
plan —. /

Assented subject to
Ref & impt 5s 1978 ser

85

J&J /

96

Rio Grande Western—

Gen income 5s

R—
12

Denver &

105

38

16"

1943
M&N
Delaware Lackawanna & Western
Equip trust 4s Apr 1 1938-'49—

6%

J&J

1st g guar 4s 1945

38m

1st & ref gold 4s

58

92

46 x
48

Copper Range RR 1st 5s '49_A&0
Cuban Nor Kys 1st 5Ms, '42 J&D
Cuba RR 1st g 5s 1952
J&J
7Ms extended to 1946..— -J&D
6s extended to 1946—
J&D
Imp & equip 5s 1960....M&N
Danbury & Norw ref 4s 1955.J&J
Dayton Union Ry 1st 4s '49-J&J
Del & Bound Br 3 Ms 1955-- F&A

55

l»

s-a)—M&S

.

1948-J&D
Georgia Carolina & Nor—
Ext at 6% to July 1 1934
102%
Georgia & Florida RR—
1st M 6s 1946 series A
M&N

Delaware & Hudson—

Indianapolis & St LouisaShort Line 1st 4s 1953
A&O
3hic June RR 1st 4s 1945. --M&S
Dhic June Ry & Un Stk \ ds—
Coll tr ref 5s 1940
A&O
Coll trust ref 4s 1940
A&O
Chicago Lake Shore & Eastern—
1st M 4Mb 1969 opt 1919.J&D
Oblc Memp & Gulf os 1940.-J&J
□hie Milw & Gary 1st 5s '48-A&O

3hie

Eq 4MS '38-*4l H

10

A&O/
j&j f

1955

Deb 4s 1956 guar

13m

103 m

40 X
45

1st lien & ref M 5Msl938-A&0
M&S

1951

Deb 4s

J&J /

5s gold 1943

Galveston Term 6s 1938.

106%

30

109

1st M gu 48

94

89 m

cons

Grand Trunk

—

1st mtge s t 4Ms ser A '56 M&S
Chicago Indiana & Southern Ry—
Con mtge g 4s 1956 guar—J&J
Chicago lndlanap & 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 58 1966 series A-M&N
1st & gen 6s May '66 ser B.J&J
Monongahela Coal—
Non-cum iuc 5 1955(w-s) —

62
102 X
102 X

Fort St Un Dep Det 4 Ms '41-J&J
Houston & Henderson

Connecting Ry «Phila)—
1st 5s

91

Ga & Ala Term 1st g 5s

9l"

1980—M&N

1948

lst

105

Columbus & Hocking Valley
Ext gold 4s

91
91
91

B 1940--J&J
J&J

Ga & Ala 5s Oct 1945

.

Col & Pt Deposit

103

1940

106m

f 4 Ms

General mtge 4 Ms

1977—F&A

104

.

Olinchfield

16"

A&O

Galveston

104 m

1977 series O—A&O
RR—
„o
Equip tr 2 Ms ser A 38- 52 M&S
Coal Rlv Ry 1st 4s gu 1945-J&D
Colorado & Southern—
s

20
16 m
16

Florida East Coast 4Ms '59-J&D f
1st & ref 5s 1974
M&S /
Certificates of deposit
/

85 m
82

104

108

83

1st

20

Fonda Johnstown & Gloversv—

108

f 5 M8 1972 series A—A&O
s f 5s 1973 series B
. A&O

1st M

114

20

M&N

Florida West Sh 5s 1934

104M

95

s

53 m
28

Florida Southern—

4mb gen gtd 1942—J&J
Ser B 4mb gen gtd 1942—A&O
Ser B 3Ms gen gtd 1942—A&O
Ser O 3Ms gen gtd 1948—M&N
Ser D 3 Ms gen gtd 1950—F&A
Gen & ref 4Ms 1977 ser A-F&A
Gen & ref 4Mb 1981 ser B-.J&j
Cleve Short L 4M» 1961
A&O
Cleveland Terminal & Valley—
1st 4s gold guar 1995——M&N
Cleveland Union Terminals—
1st

1971 ser A—F&A
Illinois Div 3 Ms *49 op '29.J&J
4s July 1 1949
J&J
Eq tr 2 Ms 1938-47—.—._A&0 b
Chicago & Eastern 111 • new colGen M 5s May 1951
M&N /
Certificates of deposit
f
Chicago & Eastern Illinois—
1st consol 6s gold 1934
A&O /
Chicago & Erie 5s 1st g '82.-M&N
Chic Great West 1st 4s 1959.M&S /




Erie & Pittsburgh—
Gen gu g 3 Ms ser

100

Ser A

1st & ref g 5s

nasts

45

100

'40-M&S

White W V Dlv 1st 4s

1965

gold 4s 1996
.J&J
Gen lien gold 4s, 1996..
J&J
Conv gold 4s 1953 ser A.-A&O
Series B 1953
A&O
Series D 1953
A&O
Prior lien

Eq 4Ms *38-'41 LL (s-a)—M&S
Eqtr4Msl938-'43 (s-a)..M&S
Equipment trust 5s
Equipment trust 5 Ms
Erie & Jersey s f 6s 1955^
J&J

102

4s'90 M&N

Spr & Col Div 4s 1st g

A&O

1st & ref 5s 1965

Ref & imp M 5s 1967
Ref & impt M 5s 1975

Cleveland & Pittsburgh—

Chicago & Alton RR—
Refunding g 3s 1949
A&O
Chicago Burlington & Quincy—
Gen M 4s 1958
--M&S

n

80

95

J&D
E 1977-J&j

St L Div 1st col trg

J!

-—J&J

50-yr 5s 1975 series A
-F&A
Conv adj 5s Jan 2000
A&O
Ohicago Milwaukee & St Paul—
Gen g 4s A May 1 1989—.J&J
Gen g 3 Ms B May 1 1989.J&J
Gen 4 Ms May '89 series O-J&J
Gen 4 Ms May '89 ser E—J&J
Gen M 4 Ha May '89 Ser F.J&J
Eq 4Mb *38-*43 E & F iyr). J&J
Eq 4hs '38-'41 G & H <yr) J&J
Eq tr 5s '38-'40 ser B iyr).F&A
Eq tr 5 Ms 1938
A&O
Dhlcago & North Western—
Gen M3Ksg 1987
M&N
Gen M gold 4s 1987
M&N
Stmpd non-pay Fed inc tax—
Gen M 6s '87 stpd inc tax.M&N

106

37

40"

Cairo Div 1st g 4s 1939
J&j
O W & M Div 1st 4s g'91--J&J

301*

Val 1st 5s g "41 -M&S
Lancaster 5s '55 F&A

□hie Milw St Paul & Pac R

107

A&O

El Paso & R I 1st gu 5s 1951-J&J
El Paso & Southwestern RR—

35

J&J

Ref & imp 4M8 ser

109 X

Williamsport—

^

A&O

General 4s gold 1993
Gen M 5s ser B 1993

120

100

1950-J&J

90
86

14m

1940—F&A

4s

&

1st 6s 1910 ext at 4%
Income 5s 2862

57 m
52

31

1951-J&j

1943

guar g

106 X

A&O
Edmonton Dun vegan & British
Columbia Ry 4Ms 1944—A&0
Elgin Jol & East 5s 1941 .—M&N

Cleveland Akron & Columbus—

105

Warm Spr

1st & ref 4 Ms ser B

84

50

_M&N

Eastern Ry of Minnesota—
Nor Div 1st g 48 1 948

Clev Cine Chic & St Louis—

103

Eqtr 5s 1938 iyr).—
M&S 15
Craig Valley 1st 5s g 1940-J&J
Grain Elev 1st 4s 1938——A&O
Paint Creek Br 4s 1945
F&A
Potts Creek 4s 1946
J&J
R & A Dlv 1st con g 4s *89-J&J
4s 1989

5X

Cincinnati Union Term Co—

1st

75

M&N

1st extended 5s 1965

Consol 1st g 5s 1956

Florida Central & Penlnsula-

Eq tr 5s 1938 iyr)--

1st gtd 5s

105"

M&S

East Tenn Va & Georgia—

8%

89 m
85 m

1942
M&N
1948—-F&A

Cin Northern Ii R 1st 4s

1940—J&D

East Tenn & Western N C—

8

103%

1965-M&N

Cin N O & Tex Pac Ry—

60

1944---——J&J
notes, 1945
—J&J
notes. 1946
-J&J
Equip tr 2s 1938-1947
M&S
Eq tr 2Ms 1938-1946
J&D
Eq tr 3s. 1938-1950
A&O
Eqtr 4 Ms '38-'40 (yr)—-A&O

con g

107%

Cine & Musk Val 4s

3.00%

96

notes,

2d

1st consol gtd.4s

22

-J&J

1958

1st 4s

5s stamped

1st mtge g 58 sories C '57-M&N
1st M 3 Ms ser D 1971
M&N
Clearfield & Mahoning—

Carolina—

Chesapeake & Ohio—
1st cons g 5s 1939—--—M&N
General 4Mb gold 1992—-M&S
Ref & imtp 3Ms D 1996--M&N
Ref & .mpt 3 Ms ser E 1996 F&A
notes. 1940
J&J
notes, 1941
J&J
notes, 1942
J&J
notes, 1943
J&J

Ohesterf &

East Penn

109 X
108 X

J&5

gold 1942

65

J&J

1949

1st gold 5s 1937
Dutchess Co RR 4M8

105 m

Consol gold 5s 1952
M&N
Cincinnati Hamilton & Dayton—
General 5s

108 X

Duluth South Shore & Atlantic—

8%

105

1951—M&S

Cin Ind & West 1st 5s

1938-'44 <37) —
1946—A&O
Ohatt Rome & Sou 1st 5s 47 J&J
Chattanooga Sta 4s 1957 gu—J&J

17 m
47

1st 4mb

Cincinnati Lebanon & Northern—

89 m

Eq tr 5s Dec 14

5%
5.50%
5.50%

108 %

1963
J&j
E 1963—j&j

Chicago & Western Indiana—
Consol gold guar 4s 1952_ -J&J
1st & ref M 4 Ms D 1962—M&S
Choc & Memph 5s 1949
j&j
Choctaw Oklahoma & Gulf—

—L.
9

Char & W Carolina 5s

Dexter & Piscataquis—

_

——A&O

1944

4s

47 X

101

Detroit & Toledo Shore Line—
1st gold guar 4s 1953—.—.J&J

Elrolra

57

.

J&J

1964

11

11

75"

■7

1

10 X

64

1st M 4s series D

9M

1st ref 6s 1937-1976
Central Vermont Ry—

1st 5s Mar

106

M&N

Detroit Toledo & Ironton—

78 x

50
62

1st & ref g 5s Dec 1 '60 opt J&D
Inc mtge 5s Dec 1 1960—M&S

6

1942-—M&N

'41-M&N

19

20"

Chic Terre Haute & Southeast-—

Eq tr 4Mb '38-'40 ser P<yr)M&S b
Eq tr 4 Ms '38-'40serQ<yr)M&N b
Eq tr 5s 1938 fyrlv)—.._J&D
Ohatt Div gold 4s 1951—J&D
Macon & Nor g 5s 1946—J&J
Mid Ga & Atl 1st 5s 1947—J&J
Mobile Dlv g 5s 1946
J&J
Oconee Div 1st 5s 1945--—J&D
Cent New Eng 1st gu 4sl961 J&J
Central of New Jersey—•
Gen M mow 1st) g 5s 1987.J&J
Gen M 4s 1987
-J&J

Central RR of South

conv

.

_

Cons gold 5s 1945
M&N
Ref &gen 5 Ms 1959 ser B.A&O
Ref & gen 5s 1959 ser C—A&O

Coll tr 5s ext'd to

/
/
M&N /

4^b 1960
Trustee ctfs 3 Ms 1947
Chicago St Louis <Sc N O—^
Con g 5s Juno 15'51—J&D 15
Con g 3Ms June 15'51-J&D 15
Mem Div 1st 4s 1951
J&D

30-yr

1st mtge guar g 4s 1981—J&D
Oatawissa RR g 4s 1948
A&O

8
734'
8X
7 34
5M
81

/
/

Sec 4 Ms 1952 ser A
M&S
Sec 4 X ser A certif of dep. - - - -

101%

6s 1952 ser

16M

deposit------ /

Ref g 4s 1934optto 1911.-A&O
Certificates of deposit----- -

A—J&D 15
Carthage & Adirondack—
1st

Detroit Term & Tunnel—
1st guar 4 Ms 1961

_

GenM4 Ms'87 stpd inc taxM&N /
16%
GenM4Ms'87 stpd inetaxM&N /
16%
15-year 6Ms Mar 1936—M&S/
1st & ref 5s May 2037
J&D /
10
1st & ref 4Ms May 2037-J&D/
10
1st &ref4Hs May 2037 O J&D/
10 X
nonvg4%s 1949 8er A
M&N/
5X
Eq 5s 1938 O iyr)
J&D b 6.25
Eq 4Ms '38-'42<yr)ser A.M&N b 6.25
ChicR I&Pa<? Ry—
General gold 4s 1988
J&J / 17

Bid

Bonds

Ask

Bid

Bonds

Ask

Bid

Bonds
Canadian N W 4 Ms Oct
Canadian Pacific—

defaulted bonds
the date of issue

55

52

117

March, 1938]

RAILROAD

NOTICE—All bond prices
Quotations for all securities

Bid

Bonds
Harl

R

&

Portch—See N Y N

are
are

Ask

h&Ha rtford.

Harris Ports Mt Joy & Lane RR
Ext 4s 1943
J&J
Hobo ken Ferry 5s 1940
M&N

35

40

Hocking Valley
1st

cons

117%

Eq tr 5s 1938 (ann)
A&O
Eq tr 5s 1938-1939 (yr)—J&J
Holldaysburg Bedford & Oumb
1st M g 4s 1951 guar
-J&J
Holyoke & West 4%s 1951
A&O
Housatonic con 5s 1937
M&N

1st M 4%s 1957 conv
Illinois Central—

1st

20

37%

>

40

53 %

53 %
19 %

54*

Indiana Bloomington & Western—
1st ext 4s 1940
A&O
Harbor Belt RR—
Genl mtge 4s 1957
J&J

Nov 17
93

45

50%

40

1st

gold

4s

J&J
J&J

1950----

Indianapolis & Louisville—
1st

4s 1956
J&J
f
Indianapolis Union—
Ref & imp M 3 %s ser B *86 M&S
Internat-Great North Ry—
1st M g 6s 1952 series A
J&J
Adj m 6s July 1952 ser a.April
guar

1st M 5s 1956 series B
1st M 5s 1956 ser C

"

J&J
J&J

Eq tr 4%s 1938-42 (yr)—A&O
Internet Rys (Central Americal—
Purch money 5s 1972
J&J
1st M 5s 1972 opt
M&N
iRt 1 & ref 6%s 1947
F&A
Debenture 4s 1961

J&D

Interstate Transf Ry 5s 1945-J&J
1st g 5s 1938
J&D
Certificates of deposit
1st & ref g 4s 1951
M&S

Iowa Cent

Jacksonville & Gainesville &
Gulf Ry 1st 5s 1951

A&O
/
Jackson I>anslng & Saginaw—
1st 3%s Sept 1 1951
Jacksonville Terminal—
1st 5s July 1 1939
Ref & ext 5s series A 1967—J&J
Ref & ext 5s series B 1967—J&J
6i July 1

1967

Jamestown

Frank

Joplln Union Depot Co—
1st g 4 %s 1940 guar
1st 5s June 1 1944

opt-M&N
J&D

Kalamazoo Allegheny &
Grand Rapids gtd 5s *38-.J&J

Equip trust 3 %s to 1946-_A&0

Kana &

Mich

1st

4s 1990--A&O

Kan City Ft Scott & Memphis
Ref g 4s 1936 guar
A&O

Certificates of deposit
K C Mem & Bir 4s 1934

1st & ref 3%s ser e 2003--A&o
— —
Equipment trust 5s
1955—m&n
Pad & Mem Div 1st 4s '46-f&a

38

4.25%

2d mtge 3s 1980
m&s
Mob & Mont 4%s 1945—m&s

4.75

4.75
4.50

59%

Southern

Ry joint
gold 4s, 1952

Macon Terminal 5s 1965

1st mtge & coll 4s ser a *45 j&d
Conv gen 4%s ser a i960-j&d
Secured 6s 1959
1st ser—j&j

95

Manila rr Sou Lines 4s '39-m&n

Philippine Govt gu
M&n
Manitowoc Green Bay & Western
1st gtd 3%s 1941
j&j f
Maryland St Pa 1st g 4s *51-m&s
1st cons a 6s 1963
a&o
m'shfield & s'east—See Wis Cent

111

78

90

13

20

Memphis Union Station co—
1st g gu 5s Nov 1 1959—m&n

99 %
19 %

15%
15 %
5.50

Meridian Term 4s *55

20

5

5%

it*
4.00%

73

Ref

76

so %

1st Mtge m Air l 4s

94

75

102"

Midi

Midland

J&D

M&N

Gen con go <1 4 His 2003—M&N
Gen con gold 5s 2003....M&N

89

104
102

1940
J&J
Lehigh Vail Term 5s 1941..A&O
Lehigh & N Y 1st 4s 1945..M&S
Lex & East'n lstgu 5s 1965..A&O
Lincoln Park & Charlotte—
6s 1939

b Basis.

J&J

96

1st

6s

Con ext

Cons

60

57

86

87%

55

1st

65

105
107

99%

ext

1st refdg gold

78

receipt No 4 on
Naugatuck 1st 4s 1954
New Eng cons 4s 1945 gu

Consol g 5s July 1 1945
n Hav & No Ham 4s 1956
guJ&d
n j June 1st 4s gu 1986
f&a

45

44

117%

28%
25%

29%
27%

1st

1st
2d

73"

1st

69

64"

4s 1949

m&s

1.00%
2.50%
108%

gold 4s 1938
j&j
cons gold 5s 1938
j&j
cons 5s 1938 gu Int....j&J
m gold 4s guar 1949—j&j
ref 6s 1946 series a
j&J
cons

1st ref 5%s 1978 ser b
25-year 5%s 1949
Secured notes 5s 1938
Eq tr 4s 1938 s-a_.

64%

,

j&J
m&s
f&a
j&d15

m St p & ss m & Cent Term Rylst Ch Ter s f 4s ^lop'lg- m&n

Minn Terminal 1st 3 %s '50—j&j
Minn Transfer Ry 3%s 1956.j&o
Missouri Illinois Bridge and Belt

91

50-year 1st 5s 1983

Extended at 5% 1940
Ref & Impt

6%

100
100

rr

97%
95

1951
RR5s 1959

Prior lien 4s 1962 ser b
j&j
Prior lien 4%s 1978 ser d.j&j

Adj m 5s Jan 1967 ser a—a&o
Eqtr 2%s 1938-1952
f&a

97%

Mo Kan & Tex (old company)—
1st gold 4s 1990
—-j&d
Mo Pacific rr (new company)—
1st & ref 5s Jan 1965 a
Certificates of deposit

55

60

83

72

76

57%
22%
23%

24

30

31%

48

54

62%

77

95

10-year 3%s sec s f 1946—a&o
3 %s conv secured 1952
M&n

18%
18%

25

55

6%
2%

"l%

58

m c coll tr g

7

73%

97

12%

13

70%
44%
115

8

3%
96

4.00
96
50

n y

47%
40%
39%
21%
4.00
63

71%
4%

1st guar 5s 1953 series b
New York & Erie rr—

Mobile &

m&n

7%

92

n

Nominal.

85%
60%
56%

A&o
m&s

4.50
4.25

105%
106%

f&A

M&n /
m&s /

98%
92

100

mtge 4%s 1938
M&s /
....
n y & Greenwood Lake
Guar g 5s 1946
M&n f 22
ny&Har 1st g3%s2000—m&n
100

100

3d

48%
42%
45%

n y & Hob

n

3.00%
64%

24%

24%

Fy 5s May '46... J&d

y Lack &
1st & ref 4s

40
102

30

40

65

75

Western—

1973...M&n
1st & ref 4%s 1973 ser b—m&n
New York & Long Branch—
General gold 4s 1941
m&S
General 1st 5s 1941
m&S
ny & ne Bos Ter 4s 1939-a&o
n y New Haven & Hartford—
Deb 6s Jan 15 '48 conv_.J&Jl5
Deb 4s May 1 1957
m&n
Deb 4s July 1 '55 non-conv j&J
Deb 4s 1956 non-conv
M&n
Deb 4s 1947 non-conv...M&s
Deb 3%s March 1947
M&s
Deb 3%8 1954 non-con v.. A&o
Deb 3%s 1956 conv......j&j
15-year secured 6s 1940
A&o
1st & ref 4%s 1967
j&D
Equip tr 4 %s Sept 15 1938 to
ser

Mar 15 1945

a

(s.-a.)—m&s15

90
95

97%

98

/

....

/
f
/
/
/
/
/
/
/
/

20%
9
12%
12%
12%
14%
15
15%
29
21

6 5.25

99

14$
17
25

19%
18
20

16%
30
22

Equipt tr 4%s '38-*46 (yr).j&J b 5.25
68%

Birmlngham-r-

Prlor Hen 5s, 1945—
Gen m g 4s 1945.....

* Last sale

5.25

1st 4s ext g 1947-.
1939

2d ext 5s

32%

22%

22%
5%
6%
5.25

2%s Mar 15 1938-1952—.
Chicago & St Louis—
a&o

10-yr coll tr 4s 1946
f&a
Equip tr 4 %s 1938-*44 (yr)f&a
Equip tr5s 1938 (yr)
f&A
Equip trust 3s July 1 1938-'51
Nov 15 New York Connecting rr—
1st m 4%s 1953 series a
f&A

22%

IV*
24

2.25
2.25
3.25
3.15

3.00%

24
24

99

j&d

1st 3%s extend 1947
3-year 6s Oct 1 1938
Ref 5 %s 1974 ser a
Ref 4 %s 1978 ser o

13%
32*

101

28

1938-1939

4 %s Mar 15 1938-'39 -m&s
4 %s 1938-1945.
M&n

5

67

91

76

3%s 1998—f&a
Spuyten Duyvil & Pt Morris—
3%s 1959
j&d
n y Cent equip trusts—

3

3%
2%

90

30%

75"

Deb 4s 1942 tax-exempt--j&j
Ref & ref 4 %s ser a 2013—a&o
l s coll tr g 3%s 1998
f&a

5s

it*

65

New York Central & Hud RivRef g 3%s July 1 1997—j&j

40

24

4%

If*

Ref & impt 4%s 2013 a—a&o
Ref & impt 5s 2013 o
a&o

74%

24

Secured 5%s 1937-1956—-j&d
Equip trust 5s 1938 ,40(yr)M&s
Eq tr 4%s *38*'44 f (yr) ..M&n
Mo Pac (old)—Gen 4s 1975.M&s
3d 7s ext to July 1938 at
„

32*
5.50

—

22%

Oonvg 5%s 1949ser a...M&n

25%

If*

New York Central rr—

1st & ref 5s 1978 ser g-.m&n
Certificates of deposit..

57

30

32%

f&a

35

1st & ref 58 1980 ser h...A&0
Certificates of deposit
1st & ref 5s 1981 ser i
f&a
Certificates of deposit

95

50

f&a

1st & ref 5s 1977 ser f—-m&s
Certificates of deposit

102

37%
63%

1st m 4%s 1956 series d_.f&A
Equip trust 4%sl

65

4s

93%

88

88

Newport & Cincinnati Bridge—
1st m g 4%s 1945 guar
.t&j
Newport & Uichfor Is 5s 1941

80

89

ser

18

m&n
a.-j&j

Certificates of deposit
1956 series o

17

19%

60

j&j

35

J&j
j&j

cons

4%s 52

—.

3
99

A&o
Certificates of deposit
1st m 5%s 1954 series a—a&o

100%

63

30
88

/

1st 5s 1954 series b

45"

16%

"

New Orl Term 1st 4s 1953--j&j
New Orleans Texas & Mexico—
Non-cum inc 5s '35 ser a
a&o

84"

62

25%

...j&j

Income deb 5s 2032
New Orl & Nor East 6s 1915

85%

oV/B

30

New Lon Nor 1st 4s 1940
j&j
New Orleans Great Northern—

80

Mo kam & Okla 5s 1942
m&s
Missouri-Kansas-Texas rr—
Prior lien 5s 1962 ser a
j&j

Mo-Tliinois
96

1951
M&n
j&j
j&j

n j & n y 1st ext 5s 1950—m&s
General 5s Jan 1 1938

Minn 8t p St Sault Ste Marie—

1st

off, .1951

60

Minneapolis Northfield&
Southern Ry 1st6s '41—m&s

104%

coupon

Assent cash warrant and scrip

80

:

2%
1%

April 1914

25

51

Ref & ext 5s Feb '62 ser a.q-f
Certificates of deposit

101

scrip ret No 4 on *26
4s(Apr 1914 coupon on)

1951

at

Certificates of deposit

100 %

99

1913

con

90

70

1%
1%
/

warr't &

3.25%
3.25%

4%s 1939

6s

1%

scrip receipt No 5 on 1977- /

85

16

1

Natlonal rr of Mexico—
Prior lien 4 %s assent cash

60

80

98

3.25

receipt No 4 on 1957

coupon off 1977—
Assent cash warrant and

96%

2%
2%
1%

63%

Gtd gen s f 4s (Apr '14 coup on)

April 1914

53

116

52

f&a

Cons mtge 4s 1998 ser a..f&a

4%% to
1934 (1884)
j&d
Mil Sparta & nw 1st 4s 1947m&s
m11&State Line 1st 3 %s 1941. J&j
Minneapolis & St Louis—
1st 7s '27 ext at 6% 1932-. j&d /
1st consol gold 58 1934—m&n

84

113%

82

95

40

56

St

Assent cash warrant and

scrip

42"

65

m&n

b.m_&n

July 1914 coupon on 1957—
July 1914 coupon off 1957

1910

1st ext 4%s 1939.--

99"

100

1 Price includes accrued interest.




j

35
95

Eq tr 2%s 1938-1952
M&s
National Rys of Mexico—
Prior lien 4%s—
Jan 1914 coupon on 1957

85%

77

4.25
88

107

113

j&j

Nashville Chattanooga &
1st m 4s 1978 ser a

Milwaukee & Northern—

Lehigh Valley Ry of New York
1st 4%s gold

n

5% to 1940
A&o
Midland Valley—5s 1943—a&o
Adj m Apr 1 '53 ser a
Sept
Adj 5s series 3 1953 Sept

6

108

of

ext at

19%
62

117

Wyoming & Southern—
m&s

1st 5s

J&d

99
99

17%

104

a&o

Constr'n 5s 1955 ser a
Constr'n 4%s 1955 ser

rr

4% franc bonds
(Foreign series) 1960

6%
2%

1.75
3.25

m&n

96
96

50

105

1940--j&j

1st g 4s Jol & n Ind 1957-j& j10
1st gold 3%s 1952
m&n
Middlesex Val 1st 5s 1942—m&n

14%

102

111%

&lmpt4%s 1979 ser c.j&j

1st 56 Kal & s h 1939

83

90

guar.m&n

Sept 1914 coupon on 1977.m&s
Sept 1914 coupon off 1977 m&s
4s Asst(ca8h warr & coup)-1977
Michigan Central—

8ee Industrial bonds.

Con M 4%s ann irred
Gen cons gold 4s 2003

107
78

Mexican International—

99%

Irred......J&D

111

__

1st mtge 5e ext at 3% to'47 J&J
2d 5s 1941J&J
Lake Shore & Mich South—

ann

1.25%

4s 1939 ext to 1959

107

accr

Con M 6s

80%
1.75

106%

4.25

Equipment trust 5s
Equipment trust 5%s

102

1st mtge 4%s ungar 1961
Lake Erie & Western RR—

Lehigh & Lake Erie 4%s '57-M&S
Lehigh & New England—
1st M gold 5s 1945
J&J
Gen mtge 4s ser A 1965...A&O
Lehigh Valley Harbor Term Ry—
1st mtge 5s 1954..
...F&A
Lehigh Valley—
1st gold 4s 1948
..J&D

90
85

__

.

79%

Acer int at exch rate 4.8665—

Cong g ref 3%s 1997
J&D
Leamington & St Olatr 4s '45 A&O
Lehigh Coal & Navigation—

87

Maine Central—

74%
50

j&j
j&j

1947

1st 5s

IV*
80
79 %

89

int at rate 4.8665—
1961--.
J&J

Monon coll
j&j

l & n Term 1st g 4s '52 gu j&d
Macon Dublin & Savannah—

99

Montour rr 1st 5s 1963...f&a
Morris & Essex 3%s 2000
j&d

South East & St Louis Div—

107

Plain

91%

ah k & Cin Div 4s

1955

14

96

45

Monongahela Ry co—
1st mtge 4s ser a 1960—m&n
Monongahela Sou 5s 1955
a&o
6s
Montana

74%
13

Montgomery & Erie 1st 5s 1956--

1st & ref 4%s 2003 ser c—a&o
1st & ref 4s ser d 2003—a&o

Ask

58

1st guar g 4s 1991
m&s
Consol gold 3%s 2002
M&s
Monon Coal—See Chic Ind & Lou

1st mtge gold 5s 1939
Montauk Ext 1st 5s 1945

103%
97%
93%

4.25%
4.25%
4.25%
3.75%
98 %
81%

J&J

Stmpd

24

22

94%

4.75

Kentucky Cent 4s g 1987
J&J
Kentucky & Indiana Term RR
1st M 4 54s 1961 (sterling) _J&J

1978.-

78

4.00

A&o

4.75

Kansas Oklahoma & Gulf—
5s

1.50%
2.25%
55%
78%
3.25%

103

4.0%

Bid

Gen .gold 4s, 1938
m&s
Ref & impt 4%s 1977
m&s
Secured 5s 1938..
M&s r
Eq 4%s 1939-41 (yr)—j&j15
Eq tr 5s 1938 (s-a)
M&s
Eq tr 5s 1939 (year)
j&j
Montgom Div g 5s 1947--f&a /
Mohawk & Maione—

Gen

-j&j

Unified gold 4s 1940
1st & ref 5s 2003 ser b

41 %

W*

70

M

89

106%

48

40%

Sept 1
Kan City Sou—1st g 3s 1950 A&O
Ref & Impt 5s Apr 1 1950—J&J
Eq tr 5%s 1938 (year) —.M&S
Eq tr 3s F Jan 1 193943—
Kansas City Terminal Ry—
1st g 4s 1960 opt 1930.....J&J
1st

89"

106

73

1934-

91%

Louisville & Nashville—

53 %

M&S

Income 5s Mar

73

gold 4s 1945--M&s

Guaranteed

Bonds
Mobile & Ohio—

ff

105

Kal & Sou Haven—See Mich Cent

Kalamazoo & White Pigeon RR
1st gold 5s 1940—
J&J
Kanawha Br & Ter 5s 1948. A&O

106

1st mtge gold 5s 1946
j&j
Louisville & Jeffersonville Bridge

55

& Oleartleld

1st g 4s 1959 guar
J&D
Joliet & Northern Inci 4s 1957 J&J

1969—-j&j

Louisiana & Ark 5s a

42

37%

99%

gold 4s 1939 guar
j&J / 10
Long Dock cons 3%s 1950—a&o
Long Island—
85
Unified g 4s. 1949
M&s
Gen mtge gold 4s 1938—.-J&d
100532
86
Refunding mtge 4s 1949—m&s
4s stamped 1949
.-m&s
2.50
Equip tr & 1938-39 (yr)_. A&o
3.25
Equip tr 4 %s 1941-45 (yr) -f&A
Los Ang-Pac Co ref 4s 1950—j&j
si**

1st m gold 5s 1935
—-A&o /
Louisville Henderson St St Louis—

96

S*

Ask

98%

Louisiana & North West rr—

92%
k

69

1st

95

Indiana

Gen mtge 4%s 1957
Indiana Illinois St Iowa—

Bid

58

gold 4s 1951

1st gold 3%s 1951
Main L ext 1st g 3%s
1st g 3s sterling 1951

V

1.25-/0

101

F&A

J&J
-J&J
'51-A&O
M&S
Coll trust gold 4s 1952—A&O
Col tr L N O & T g 4s '53.M&N
Ref mtge 5s 1955
M&N
Ref g 4s 1955 opt 1918--M&N
Pur liens 1st g 3%s 1952-.J&J
Jt 1st ref M (I O & C 8 L &
N O) 5s 1963 ser A
J&D
Series C 4Hs 1953
J&D
40-year 4%s Aug 1 1966-F&A
Eq tr 4%s 1938-1939 K—F&A
Eq tr 4%s 1938-1940 L—A&O
Eq tr 4 %s *38-'41 M (s-a).M&N
Eq tr 4 %s 1938^11 Ser N.A&O
Eq tr 3s ser R 1938-1952--M&S
Carlo Bridge 4s g 1950--J&D
Litch Div 1st g 3s 1951—-J&J
Louisv Div 3^8 g 1953
J&J
Omaha Div 1st 3s g 1951
F&A
St Louis Div 3%s g 1951—J&J
St Louis Div 3s g 1951—J&J
Sp'field Div ext 3%s 1951 J&J
Western lines g 4s 1951—F&A

118
1.00

1.50
1.75

Hudson & Manhattan—
1st gold 5s 1957 opt
F&A
Adj inc up to 5% Feb '57.A&O

Bonds
Litchf & Madis 1st 5s 1959-m&n
Little Miami guar 4s 1962.-m&n
Little Rock & Hot Spr West Ry—

106

Ry—
gold 4%s 1999...J&J

BONDS

"and interest" except where marked "f" and Income and defaulted bonds
as near as possible for the closing day of the month preceding the date of issue

j&j

73

j&j

35

4.50%
4.50%

b 5.25

4.50%

Equipment trust 5s

Har Riv & Pt Ohes 4s '54 M&n /
ny&nj Ferry 5s 1946
J&j

77
30

RAILROAD BONDS

70

NOTICE—All bond prices ere "and Interest" except where marked "f" end Income end defaulted bonds
Quotations for all securities are as near as possible for the closing day or the month preceding the date of Issue

Bid

Bonds
New York Ontario & Western—
Ref 1stg4sJune 1992.
MAS/
Gen M g 4s 1955 red—...J&D /
N Y Pennsylvania & Ohio—

Ask

9%

9
6%
,

85%

Philippine Railway—
1st p 48 1937 s f cpt gu...J&J
Piedmont & Northern—

98

/

80
101

Income 4s Jan 1 1939
M&N
100
Stock trust ctfs 4s 1948—J&D
97
N Y Prov & Bos 4s 1942
A&O/ 94%

63"

N 1 & Putnam 1st 4s g 1993.A&O
N Y Short Line 4s 1957
F&A
103
N Y & Stamford 4s 1958
M&N / 25
N Y Susq & Western—

-J&J /
—F&A f
Gen mtge. 5s g 1940....-F&A
Term 1st g 5s 1943
M&N
N Y Westchester & Bos By—
/
1st M g4His 1946 guar—J&J /
Nord Ry s f 6%s 1950—...A&O
1st refunding 5s 1937
2d mtge 4%s 1937

Norfolk & Car 1st 5s 1939...A&O
2nd 6s 1946
J&J
Norfolk Southern—

4%s series B 1942

12

3%s series E 1949

7%

10

96

4s series H I960

4 %s series 1 1963

94

/
/
/
/

14%

16%

15

70
28

53
9^1

105%

Norrist'n & Maine 1st 4s '52 M&S
Northern Central—
Gen & ref 5s 1974 ser A..M&S
Gen & ref g 4%s ser A '74.M&S
Northern Ohio Ry 1st guar 6s—

118%

101
125
115

Apr 1 1935 & sub coups 1945.. /
Apr 1938 and subs coupons
/
Ctfs of dep stmpd as to sale of
April 1933 to Oct 1934,1945- /
Stamped as to sale of Apr 1 *33
to Oct 1 1937 coupons
/
Northern Pacific—
Prior lien g 4s Jan 1997.—Q&J
Gen lien g 3s Jan 2047
Q&F
Ref & imp 4 Ms 2047 ser A.J&J
Ref & imp 6s 2047 ser B_—J&J
Ref & imp 5s 2047 ser O
J&J
Ref & imp 5s 2047 ser D___ J& J

118

70

60

...

70
70

91%
62

61 *
66 \
80%

Eq tr 4%s 1938-*40 (yr)M&S15 6 2.25
Eq tr 2%s 1938-1947
M&S b 2.75
Eq tr 2%s 1938-1946
J&J b 2.70
25
Nor RR of N J gen 4%s 2000. J&J /
No Ry of Cal 5s g gu 1938A&0
101%
North Pennsylvania RR—
91
Gen g 3 3-10s 1953
J&D
Northwestern Terminal RR—
1st M 5s 1977.
An .-Apr
5s 1948
Norwich & Worcester 4 %s '47M&S

67%
81%
74
75
1.50
2.00
2.00

102%

Old Colony RR 4s 1938
1st M 5%s 1944..

J&J/

1st M 5s 1945 series B
J&D
1st M 4%s 1950 series C...J&J
Ore RR & Nav cons 4s 1946. J&D
Ore Short line 1st 5s 1946-.J&J

17
17
17
17

15
15

108%

Pac of Mo 1st ex g 4s 1938—F&A
2d ext 5s gold 1938
J&J
Cardelet Br 1st 4%s 1938. A&O
St Louis City real est 5s *38 J&J
Paducah & 111 1st 4%s 1955-J&J
Paris-Orleans extl 5Ks 1968 M&S
6% franc bonds (foreign series)
red to 1956
J&D
Paterson Extension 5s 1950. J&D
Paulista Ry 1st 7s '42serAM&S15

Pennsylvania Company—
28-year secured 4s 1963...F&A
Gu tr ctfs g 4s 1952
..M&N
Gu tr ctfs g 3 %s 1941
F&A
Gu tr ctfs g 3%s 1942
J&D
Gu tr ctfs g 3%s 1944
J&D
Pg&N Y Canal con 5s 1939 A&O
Cons mtge 4%s 1939
.A&O
Cons mtge 4s 1939A&O

109%

115

1st cons guar 5s 1946.
J&J
Oregon-Wash RR & Nav—
1st & ref g gu 4s '61 opt._J&J
PacFruit Express—See Sou Pac—

116%

103%

/

1Q3%
85

UK

84

84

75"
88

23

70

95%

90%
-

25
30

74
97

101

103

105

102%
103%
60

60
60
101

70
70

70

1st g 4s July 1956 ser
1st 4%s 1980 ser O

B..J&J

.M&S

Equipment trust 4%s
Equip trust 2%s 1938-46-.J&J

101%
105

Pennsylvania RR—
Con M 4s gold 1943
M&N
109
Con M 4s gold 1948
M&N
111%
Con M 4s gold 1948 sterling
stamped dollar
....M&N
110%
Con M 4%s gold I960..—F&A
119
Gen g 4%s 1966
J&D
103
Gen g 5s Dec 1 1968
J&D
108%
Gen M 4%s 1981 ser D...A&0
98
Gen M 4%s ser E 1984— .J&J
97%
Deb 4%s 1970
A&O
90
Gen M 3%s ser O 1970—A&O
Oonv deb 3 %s 1952
84
A&O
30-yr secured 4s 1938-1964.J& J b 4.25
Eq tr 5s 1938 (yr)
.M&S b 1.25
Gen equip 5s 1938-39 (yr).A&0
1.50
1.50
Eq tr 4%s 1938-39 (yr)__A&0
3.00
Eq tr 4s series E 1938-1949. J&J
2.75
Eq tr 2%s ser H *38-'52..M&N
Peor & East cons 4s 1940..A&O
50
2d cons inc 4s 1990
7%
Apr 1
Peoria & Pekln Union Ry—
1st g 6%s 1974 series A
F&A
105%
Peoria Ry Ter 4s *37 gu op...J&J
49
Pere Marquette Ry—
lBt g 5s July 1956 ser A..J&J
74%
64

64%

111

111%
112

120%
103
108
98

4

93
84
3.75%

1.00%
1.00%
1.00%

3.00

70

64%
2.50%
2.40%

1st 4%s series D 1977
J&D
Portl (Me) Term gu 4s 1961.J&J
Guar 5s 1961
J&J
Portland & Rumford Falls—

5%
51

68
88

86
86
3.25

2.00

88%
2.40%
1.25.%

40-year 4%s 1968
M&S
50-year 4%s 1981
M&N
4%s 1969 with warr
M&N
10-yr secured 3%t
Equip 5s 1938-1939 (yr)__M&N
Eq tr 4%s 1938-40 (yr)—J&D
Eqtr 4 Js 1938-41 (yr)... J&D
Pacific
it Express—
Eq 5s 1938-39*0 (yr)—.M&S
Eq 5s 193841 D (yr)—A&O
Southern Pacific (Golden Gate
Ferries) 1st 5%s 1949.
A&O

J&J
Develop & gen M g 4s '56. A&O
Develop & gen 6s 1956
A&O
Develop & gen 6%s 1956—A&O
Equipment trust 5 %s
Eq tr 5s 1938-39 (s-a)
M&S
Eq tr 4%s Oct '38-*39 (s-a)A&O

115%

67
51

52%

55%

60%

2.25

2.40
85

80%

110

1st 4s 1995

30

45

101%
104%
1M1/
.

16®^

107

68%

31
2
2

1st guar 4%s 1934
M&S /
Rock Island-Frisco Term Ry1st M 4%s 1957—
J&J ,
Rutl Can 1st g gu 4s 1949
J&J £
4s stamped 1949
J&J £
Rutland con 4%s 1941
J&

53

Mobile & O coll tr 4s '38.M&S

Spartanburg Union & Columbia—

103%

/

&

J&J

E Tenn reorg lien 5s 1938 M&S
1st Mem Div g 5s 1996—J&J
St Louis Div 1st g 4s 1951 .J&J

J&J

Spokane Falls & Nor 6s 1939.J&J
Spok Internat 1st g 5s 1955.J&J /
Stark Elec RR 1st 7s 1952—J&D /
Staten laid Ry 4%s 1943
J&D
Stephenville Nor & Sou Texas—
1st M guar g 5s 1940—
J&J
Sturgia Goshen & St Louis Ry—
1st 3s Dec 1 1989—
J&D/
Suffolk & Oar con 5s 1952—.J&J/
Sullivan Co RR 6s 1944

9

1st coll tr 4s 1949 opt
Rock Island Ark & Louisiana—

44

17

18

23

103%

A&OI

Sunbury Hazleton & W-B—
1st M

inc 6s

1938

coup.M&N

Susquehanna Bloomsburg &

10%

90
15

32%

14

15

10%

J&J

11*
10

11

St Clair Mad & St Louis Belt—
85
Alton Bridge 1st g 4s '51—J&J
40
St Johns & L Cham 5s 1944.M&S
St Joseph & Grand Island—
107%
1st gold 4s 1947
J&J
St Lawr & Adirond 5s 1996—J&J
2d gold 6s 1996
A&O
St Louis City see Pac of Mo
St Louis Iron Mt & Sou—
58
Riv & Gulf Divs 4s 1933-M&N /
Certificates of deposit
£
17%
St L Peo & N W 5s 1948
.J&J /
St Louis-San Francisco Ry—
12*
Prior lien 4s 1950 series A. J&J /
U*
Certificates of deposit...
13
Prior lien 5s 1950 series B.J&J
10
Certificates of deposit
12
Cons in 4%s 1978 ser A—M&S
10
Certificates of deposit stpd—

94
96

.

60%
60

20
15

13

P

91

W

90

93

64%
32%

II*

St Louis

20

15%
5.00
5.00
5.00

4s 1968
-J&D
Mortgage 4s Dec 1 1990--J&D

9

21

17,_
f°°&
,

4:88i

110%

Gen 5s 1974 series B
F&A
Gen M 4%s 1977 ser C._ J&J
Gen 4%s series D 1981—J&D

114%

115

108

109%
108%

Salt Lake City Union Depot
and RR 1st 5s 1938
—M&N

Berwick RR 5s 1952

A&O

Tampa & Gulf Coast—
1st g 5s 1953
A&O /
Tampa North 1st 5s '36 opt.J&J /
Tampa Union Sta 5s 1940. .M&N
Tampa Un Term 4-6%s '53— J&J /
Tavares & Gulf 5s A 1935—.M&S "
Term RR Assn (St Louis)—
1st gold 4%s 1939
104%
A&O
1st consol gold 5s 1944
112%
F&A
Gen ref s f g 4s 53 opt '10 .J&J
104 J
Terre Haute & Peor 5s 1942.M&S
1051
Texarkana & Ft Smith—
1st M 5%s 1950 guar
F&A
Texas City Term 6s 1941 .J&J '26
Texas & New Orleans—
Cons 5s 1943
J&J
Texas & Pacific Ry—
1st gold 5s 2000.
Gen & ref 5s 1977 ser B
Geii & ref 5s 1979 ser O
Gen & ref 5s 1980 ser D

1956—
Toledo & Ohio CentralRef & imp M 3 %s ser

A '60 J&D

79

71%

83
80
2.50
3.25
3.25
3.25
95

St Mary4^ Div 1st 4s 1951F&A
Toledo Peoria & Western RR

106%

102%

114

J&J

<

106

....

A&O
J&D

Tex Pao-Mo Pac Term RR—
1st M g 5%s 1964
M&S
Toledo Canada Southern & Det—

105
114

69%

J&D
A&O

Eq tr 5s 1938-1939
M&N b
Eq tr 4%s 193842 (yr)—A&O b
Eq tr 4%s 1939-43 (yr)
F&A 6
b
Equipment trust 4s
Eq tr 2%s 1938-1952—M&N

1st 4s

78

30

114%

84%

98

85%
87

1.50%

2.50%
2.50%

2.50%

103%

98

8§H
80

100

1st mtge 4s ser B 1967
J&J
Toledo St Louis & Western—

80

65
109

75
110

105

107%

103

1st gold 4s April 1 1950..-A&O
Tol Term 1st 4%s '57 gu
M&N
Tol Walhoudlng Valley & Ohio—
1st g gu 4s 1942 ser O
M&S
Toronto Hamilton & Buffalo—
1st gold 4s June 1 1946
J&D
Consol M 4%s 1966 ser A.F&A

117%

Transylvania RR 1st' 5s 1956.J&J
Tulsa Un Dep 1st 4%s '59—J&J

93
88

1st consol g

112%

M&S

Aiken Branch 4s 1998

42

Eqtr 5%s 1938-1939 (s-a) M&S
Equipment trust 5s..
Equip tr 4%s 1939-1945-J&J
St Paul & Duluth—

A&O

1st Mg 4s 1951
M&N
South Indiana 1st g 4s 1951. .F&A
Southern Pacific Co—

Stamped (Fed tax) 1955.J&J

£
A&O /

Southwestern—
1st g 4s 1989
M&N
2d g Inc 4s Nov 1989
J&J
1st term & unif 5s 1952
J&J
Gen & ref 5s ser A 1990— -J&J

50""

Southern Railway—
1st consol g 5s 1994

J&J

Eq 4%s 1939-'41 BB (yr)„F&A
Equipment trust 4s—...

Genconsgug5sl963

Southern Pacific RR Go.—
1st ref g 4s 1955 opt 1910-. J&J

J&J £
J& I

_

93

18"

Southern I11& Mo Bridge Co—

T

Richmond & Petersburg—
Cons 4%s 1940
A&O
Term 1st 5s 1952.J&J

Richmond-Washington Co—
Coll tr g gu 4s 1943 opt—J&D
Rio Gr June 1st gu 5s 1939..J&D

100

55

5s 1939—J&J

Nominal.

48

82

22

95"

Richmond & Mecklenburg—
1st g 4s Nov 11948
M&N

n

4%

19

103

Reading Belt 1st & 1950
M&S
Reading Company—
JerCent 4s *51 opt '06—A&O
Gen & ref 4%s 1997 ser A—J&J
Gen & ref 4%s 1997 ser B-J&J
Eq 4%s 1938-'45 (s-a)
M&N
Equipment trust 5s
Philadelphia & Reading RR—
Imp M ext g 4s 1947—A&O
Extended 4%s Oct 1 1943—Term 5s g gu May 1 '41 Q&F
Rensselaer & Saratoga—
6% g bds May 11941
M&N
Rich Fredericksbg & Potomac—
Cons mtge 4 %s 1940
A&O

k Last sale,

4

45

95

1951
-M&N
Port Reading 1st gu 5s 1941—J&J
Potomac Val 1st gu 5s g 1941-J&J
Prov Sec deb 4s 1957 gu
M&N

/This price includes accrued interest,

4%

South Bound RR 1st 5s 1941 A&O
South & North Alabama—

94

109%




/

40

102

1st gold 4s 1943.........M&N
Gen 4s April 1 1960
A&O

t Basis.

F&A

Somerset Ry 1st & ref 4s '55—J&J
1st M 4s July 2 1950
J&J

: ■

Series A 1977

St Paul & Kansas City Short Line
8%
1st guar 4%s 1941.
F&A /
St Paul Minn & Manitoba—
100%
Pacific ext 1st 4s £ 1940
J&J
St Paul Union Depot—
1st & ref 5s 1972
J&J

103

60
24%

F&A

Coll tr 4s (OP) Aug 1 '49..J&D
1st 4%s (Oregon Lines)

101%

97%

,

an

100

107%

80

4.25%
4.25%

Eq tr 3%8 Apr 1 1938-1946
Eq tr 2%s 1938-1946
J&D
Pitts Young & Ashtabula—
1st gen 48 series A 1948—J&D
1st M 5s 1962 series B
F&A
1st gen 5s 1974 series O—J&D

Rio Gr So 1st g 4s 1940
1st g 4s guar 1940
Rio Gr West 1st 4s 1939—

22

45

St Paul East Gr Tr 4%s '47—J&J

3.25

59

F&A
M&S /

_

Pitts & West Ya Ry—
1st M 4%s 1958 ser A
J&D
1st M 4%s 1959 ser B.„—A&O
1st M 4%s 1960 ser O
A&O

107
53

74%

1st g 4s May 1 1933
Seab-All Florida Ry—

Seacoast RR prior lien 5s '48,. A&O
Shamoldn Sunbury & Lewisb'g—
2d ext'd 5s 1945—
J&J
Shrev Bdg & Ter 5s '55 gu
F&A
Sioux City & Pac 3 %s 1936—F&A

2.25%
2.10%
56
8

7

Atlanta-Birmingham Div—
1st gu 6s 1935 series A
Certificates of deposit.
1st gu 6s 1935 ser B

4

,

Perkiomen RR

Extended 1st 3%s 1951—J&J
Phila & Bait Cent 4s 1951—M&N
Phlla Bait & Washington—

101

Receiver ctfe 2-3 %s '45

109%
107%
101%

9%

8

40

4%s stamped 1941

A—A&O
1st & ref 4%s series B 1981

107%

9

F&A

1st s f g 5s 1959
J&D / ...
Pitts Shenango & Lake Erie—
115
1st gold 5s 1940
A&O
115
Cons 1st g 5s July 1 1943--J&J
Pittsb Term RR & Coal—
70
1st g guar 8 f 5s 1942
J&J
107%
Pitts Va & Char gu 4s 1943.M&N

Penn Ohio & Detroit RR—
1st & ref 4%s 1977 ser

107

109"" Richmond

103

/
/
f

110

25

_

Certificates of deposit
Seaboard & Roanoke 5s 1931.J&J

Raritan River 1st g

14

10

15

107

7

99

15

1

Raleigh & Augusta Air Line—
1st 5s 1931
J&J
Ral & Gaston 1st 5s g 1947
J&J
Raleigh & S'port Ry 5s *65—J&D

23

F&A

Certificates of deposit
5% secured notes 1931

i

Prov Ter 1st g 4s gu 1956—I-"
Prov & Wore 1st 4s 1947
A&O

25%

Ogdensburg & Lake Ohamplian—
1st guar g 4s 1948—
J&J / 11
9
4s stamped 1948
J&J /
Ohio Connecting 4s 1943.—M&S
106%
100
Ohio Ind & Western 5s 1938--—.
38
Ohio & Little Kanawha 5s '5CM&S

120'"

i

~5"

95

97%

109"

110"

i

lOO"

a*
m

—-A&O

107"

Gen M 5s 1970 ser A
J&D
Gen M 5s 1975 ser B
A&O
Gen M 4%s 1977 ser C—J&J
Pitts ShaWmut & Northern—
1st gold 5s 1949
F&A
Gold 4s Feb 1 1952
F&A
6% receivers' ctfs 1927
F&A

Pittsburgh & Shawmut—

114
118

Stamped.
1

76

113%

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

r

20

101"

Scioto Val & N E 1st 4s 1989M&N
Seaboard Air Line Ry Co—
1st gold 4s 1950
A&O

t

Ask

.

Schuylkill & Leh 1st 4s '48.M&N

i

-F&A
M&N

4%s series J 1964

90%

116

M&N
F&A

5*
97^

18

Salt Lake & Ogden 5s 1934.
/ 15
San Antonio & Aransas Pass—1st guar g 4s 1943
73
J&J
San Fran & San Joaquin Val—
■
1st g 5s Oct 11940.
A&O
106%
San Fran Term 1st 4s 1950--A&O
99
Santa Fe Prescott & Phoenix—
1st g 5s 1942
M&S
110%

108
109

—J&D

45

16%
88

—A&O
M&N
M&N
F&A

4s series F 1953
4s series G 1957

_

1st & ref g 5s '61 opt '15..F&A
Certificates of deposit..
Norf & South 1st 5s 1941.M&N
1st gen g 5s 1954 opt
J&J
Norfolk Term 1st gu 4s 1961M&N
Norf Term & Transp 5s '48F&A
Norf & W Ry 1st con 4s '96.A&0

4 %s series O 1942
4s series D 1945

13

100

,

Pitts Cin Chic & St Louis—
Con g gu 4%s ser A 1940.A&O

12%
9%

40%
5%

ngOo
/

filu

Bonds

99%
97

1st mtge 3%s 1966
.J&O
Pitts Bessemer & Lake Erie—
Cons gold 581947
.—.J&J

^

Prior lien ext 4%s, 1950--M&S
N Y Phil & Norf—1st g 4s '39J&J

Ask

Bid

Bonds
PhUa & Chester Val 4s 1938.A&0
Phila Newton & N Y 3s 1942 A&O
Phila & Reading RR—See "Read!

24

9%

99

!03H
90
30

102%

46

104%

march, 1938]

kailroad

71

bonds

NOTICE—Air bond prices are Mand Interest" except where marked "t" and Income and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue

Bid

Bond* and Stocks
Union Depot
Gen 4^s 1
Union Pacific

us,

Ask

Stocks
RAILROAD

Ohio)^

1012*

105

1st ry & land gr 4s g 1947—J& J
1st & ref 4s June 2008.
M&8
1st & ref 5s June 2 2008
M&S

1112*
105%

1112*

35-year 32*s debs 1971—M&N
34-year 3 2*s debs 1970-— A&O
Eq tr 25*s ser E 1938-52. _J& J
Eqtr 4Mb 1938 (yr)
M&N
Eq 42*8 Sept 15 ^-'SO.M&SIS
Union RR (Penn) 1st 5s '46.M&S

95
95
2.70
1.25

1.75
110

1st 42*s Sept 1 1979

98

M&S

110
116

107
86 M

105

83

F&A
JV1&N

106

108

106

108

J&J1934
off
J&J

i

Cons g

4s 1955 series A
Series B 1957

coupon
coupon

Cash

ref & impt 5s 1973

1st cons g 5s 1958
Virginian Ry—

26

25

272*
252*

55

65

Bait & Cumberland 7 % gu—.50
Baltimore & Ohio common. _-100

60

4% non-cum pref
Bangor & Aroostook

722*
20

89
85
84

72%

90

52

J&J

60

1042*
1.75
1.50

M&N

105 M
1.25
1.00

57%

58

26

M&N
F&A
Deb mtge 6s series B 1939.J&J
1st lien term gold 4s 1954-J&J

29 M

45"

v

Ref & gen 52*s 1975
A—.M&s£
Certificates of deposit

14

11%

1|2*

Feb. 23

85
.

£

Toledo & Chic 4s g 1941—M&S
Omaha Div. 1st 3 %a g '41.A&O
Wabash Railway Co—

ff

_

Ref & gen 5s 1976 ser B—F&A f
Certificates of deposit
Ref & gen 4 %b 1978 ser O.A&O

Certificates of deposit———
Ref & gen 5s 1980 ser D—A&O
Certificates of deposit
Warren 1st ref g 3 Ms 2000—F&A

94

20~

51
40

10

112*

112*

70~
91

1946

42

46

107 %

80

82

65M

67 M

90
93 M
2.75
2.75

J&D

2J*s trustees ctfs Dec. 1 1938—
Western Pocahontas 4Mb 1945..
Western Ry of Ala 4 Mb *58—A&O

5.00

105M
105

109
106

6

100

10

1938
.J&D 100»u
V\ ilmington & Newborn—
1st gold 4s 1947
F&A
82
W
ilmington & Nor 4 Mb *77—J&D
97
Gen 5s Aug 1 1982
F&A
106
W ilmington Ry Bdge 5s '43.A&0
90
W Inston-Salem Southbound—
1st gold guar 4s I960-J&J
1072*
Winston Salem Term 5s '66-A&O
112
w ificonsln Central
Ry—
1st gen g 4s 1949
J&J J
13M
Certificates of deposit..
J
12
1st & ref 4s 1959
A&O /
7
Sup & Dul Div4s 1936—M&N/
7M
Certificates of deposit
/
6M
div

1951
1st gold 4 Ms 1943

101
84

non-cum

preferred

45

•

No

par

value

it*
8M
9%
9

55

92*

50
100
100
5% non-cum preferred
100
Cleve & Pitts (gu Pa RR) 7%.50
Special guar 4%
50

10




12*
3%
%
42*

22*
12*
255
111

2*
1M
12*
32*
13*
22*
280

72
151
75

non-cum

50

80

(guar Pa RR)

50

General
-.100
Non-cum 6% pref series A—100
Leased lines (guar)
100
Stk tr ctfs—See RR Securs

62*
102*

38

41
98

93
165

180

162*

,72*

38

Intemat Rys (Cent Am)

com

preferred

37

32*
182*
2*
2*

non-cum

preferred

Lackawanna RR of N J
Lehigh Valley....

per

$100 face amount,

2d 5% non-cum prtferred—100
New London Northern
100
New Orleans Great Northern.100
New Orl Texas & Mexico
100
New York Central RR
*
N Y Chic & St Louis com
100

6% preferred series A
com (gu)

100
100

48"

43
60

3M
63*
32*

conv

50

preferred

100
.100
100

N Y Ontario & Western
Norfolk Southern
Norfolk & Western Ry

Paterson & Hudson River
Pennsylvania RR
Pennroad Corp v t c
Peoria & Bureau Val (guar)
Peoria & Eastern
Pere Marquette

Ry

com

*32*
62*
4

Pitts Ft W & Chic com
(gu)

"5"
41
45
23

50

50

1

2%
110

100

100
100

Pittsburgh & Lake Erie
50
Pittsburgh & West Virginia
100
Pitts Youngs & Ashta
7% pref 100
Portland & Ogdensburg
-.100
Prov & Worcester (guar)
Railroad Securities Co—

St Louis

Bridge 1st pref

2d preferred

32

372*
147

44"

160

175^
132*

100

100
100

100

6% non-cum preferred-—100
St Louis Southwestern
—.100
5% non-cum preferred
100
Saratoga & Schenectady (gu).100
Seaboard Air Line common—♦
non-cum

preferred—100

Sharon

50

Southern Pacific Co
Southern Ry common

5%

non-cum

-

preferred

Mob & Ohio stk tr ctfs

Central
Preferred
Texas & Pacific Ry

100
100
100
100
100
*

100

100

Troy & Gr'bush (gu N Y G)__

'J?**
24
40

50

52*
17M
12*
4M
112*

4

40 M

85
9
18
46

6

50

25
98

50

45

50

42

b Basis.

2

62*
11M

Vermont & Mass

34M

33

60

63*
20

50
100
100
4% non-cum preferred
100
United N J RR & Canal (gu)-100
Utica Chen & Susq Val (gu)-100
Utica Clinton & Binghamton.100
Preferred-....-.—100
Valley RR (N Y) (guar)
100
Tunnel RR of StLouis
Union Pacific—Common

20

18

120

122*
242*

Vlcksb

(guar)
..100
Shrevep & Pac com
100
5% non-cum preferred
..100
-.100
4M Virginian Ry common
6% cum preferred
—100
42
Wabash Ry
100
127
5% non-cum preferred A
100
65
5% non-cum conv pref B..100
95
92* Warren N J (guar D L & W). 50
213* West Jersey & Seashore (gu)- 50
Western Maryland Ry com—100
49
1st preferred
100
4% non-cum 2d pref.—...100
Western Pacific RR Corp..
102
100
6% non-cum preferred
—.100
48
Wheeling & Lake Erie Ry
100
45
62* % cum-conv preferred—100

/This includes accrued Interest,

ft Last sale,

A

5^
132*

J4 % 111 Cent stk ctf 1952—1000
Reading Co
50
4% non-cum 1st pref
50
4% non-cum 2d pref
60
Rensselaer & Saratoga (guar) .100
Rich Fred & Potom—com
100
Dividend obligations
....100
6% guaranteed...
.——100
7% guaranteed
...100
Roch & Genesee Val RR
—100
Rome & Clint (gu D & H)
100
Rutland 7% preferred--——.100

Tennessee

64

178

83

Pittsburgh Bess & Lake Erie— 50
Preferred
50
Pitts Cin Chic & St Louis
100

69

65
60

122*
15
95

...100
.100
100

Southwestern of Ga (guar)

172

892*
85

5% prior preferred
100
Phila Germ & Norris (guar)
50
Phila & Trenton (gu Pa
RR).100
Piedmont & Northern
..._*

55

45

50

50

100

N Y & Harlem

4-2%

70

_♦

100

16
7
40

2

5

15

100

St Louis-San Francisco
Ry

Co

Jollet & Chic (guar O & A)
100
Kal Allegan & Gr Rap (gu)—100
K O St L & Chic—Pref (gu)
100
Kansas City Southern
100

84

6
10M

,

non-cum

Erie & Pitts

dollars

100

100

Ft Wayne & Jack pref (guar).100
Georgia RR & Bank Co (gu)-l00
Great Northern Ry—
Iron Ore Prop trust ctfs—
*
Preferred (capital stock..
*
Green Bay & Western
100

8

112*

72*

100

preferred

preferred100
East Penna (guar P & R)
50
Elmira & W'msport (guar)
50
Preferred (guar Nor Cent). 50
Erie—Common
100
4% non-cum 1st preferred ..100
4% non-cum 2d preferred..100
Erie & Kalamazoo (guar)
50

5%

7%
10

Rio

Gr West 6%prefZl00
Detroit Hills & S W (guar)—100
Detroit & Mackinac Ry
—100

6%

76
47

100

50
-100

95

75%
45

preferred—100
preferred--100

9^

non-cum

1st 4% non-cum
pref

7% pref (guar Pa RR)

106

4%

t Quotations represent

Ex-dividend.

32*

preferred

Preferred
Little Miami original guar...
Spec gu*r betterment stk.
Lit Schuyl Nav RR & Ooal(gu)

x

100

100

common

Cin Union Term 5% pref

non-cum

......

Old Colony (gu
NiNH&H)
100
Oswego & Syrac (gu D L & W) 50

Cincinnati Sandusky & Cleveland
non-cum

......

Unstamped

Ogden Mine RR (gu Cn N J).100

5%

12*
12*

100
7% preferred
100
6% preferred
100
Cin New Orl & Texas Pacific—100
Preferred
100

6%

Morris & Essex (guar)....... 50
Nashville & Decatur—
Original

90
54

2

100

Illinois

42*

9

2

100
100
100

36

24

'

*

5% non-cum preferred
Chicago & North Western
7 % non-cum preferred

6% preferred. —
100
Hudson & Manhattan
—100
5% non-cum preferred--—100

Ry—

J&J f
"P U" bonds—
f g 5s 1936—J&J /

50

n

Mo-Kan-Texas RR com
♦
7 % preferred series A
100
Missouri Pacific com
-—..100
5% conv preferred
.....100
Mobile & Birmingham—

5% preferred

Chic Milw St P & PacificCommon

Gulf Mobile & Northern com. 100

4s

M&N

Worcester & Conn Eastern

Vonkers Ry see
*v—roite Vail s

13

Falls—

1st guar g 5s

S'eastern

4%

common

7 % non-cum preferred
4% leased line ctfs

112*
452*

81M
43

45"

50
50

60
50
100

100
Adjust 4% non-cum pref
100
No Carolina (guar Sou RR)—100
Northern Cent (guar Pa RR). 50
North*n N H
(guar B & M)_. 100
Northern Pacific Ry
100
North RR of N J (guar Erie) .100
North Pennsylv (gu P & R).. 50
Norwich & Worcester pref
100

~72*

100
.100
100
100
100

com.

Duluth South Snore & Atl

37

Wilkes-Barre & Scranton Ry—

&

Chiclnd & Louisv

5%

-

25

46 M

42*

Denv &

4
1980
J&J jf
Wichita Falls & Sou 1st 6s *38 J&J
30
Wichita Union Terminal Ry—
1st g gu 4 Ms 1941 opt
107M
M&N
Wilkea-Barre & Eastern—
1st guar g 5s 1942
J&D f
5%
1st 4Mb May 1 1938
Willamette Val Southern Ry—
6s 1939
F&A f

20

1

Preferred (guar C H & D)_.

85

32*
70

9M

-

Mississippi Central

7%
2

65

lOO

Delaware & Bound Br (guar) .100
Delaware & Hudson Co
100
Delaware Lack & Western— 50

98

1st 5s

Mar^'field

Chicago Burl & Quincy

HAlawhfo

Wheeling Term 4s 1940
F&A
White & Black River Valley—

42*

35
84

Columbus & Xenia (guar)
Conn & Passumpslc pref

5.75

108

3

-.-.100

Consol Rys of Cuba 6% pref.100
Cuba RR 6% non-cum pref__100
Dayton & Mich com (guar)
50

Wheeling & Lake Erie RR—
Ref mtge. 4s ser D 1966—M&S
1st consol gold 4s 1949—.M&S

4

32*
42*
42*
52*

20

4% 1st
4% 2d

182*

n

43

Colorado & Southern

19

—

3

-

105M

a.

2

50

100

Nashv Chatt & St Louis.....100
National Rys of Mexico—

1

Canada Southern
100
Canadian Pacific
25
Car Clinchfield & O unstmp—100
Catawissa RR—1st pref (guar) .50

2d pref (guar P & R)

842*
922*
32*

32*

5% class A
100
8% class B
100
7% class O
100
10% class D
100
4M% class E
100
6% non-cum pref stamped—100
Bost & Prov (guar Old Col)—100
Camden & Burl Co (guar)
25

100

100

4 % non-cum preferred
100
Mobile & Ohio—See Southern
Ry

"12*
10

Cleve Cine Chicago & St L

84

t

12*
12*
12*

pref
pref
pref
pref
pref

Chic RI & Pacific

102

trust 5s

W ill mar & Sioux

33
95
42

2

6% preferred
Chicago Great Western
4 % preferred

Nov 29

Washington Central Ry1st 4s Mar 1 1948
Q-Mar
Washington Co Ry 1st g guar
3 Ms Jan 1954 opt 1924
J&J
Wash & Frankl Ry 1st 5s *39. J&J
Wash Term Co—3 Ms 1945—F&A
1st gold 48 1 945 guar
F&A
Washington & Vandemere—
1st 4Mb 1947
F&A
West Shore 1st 4s 2361
J&J
West Virginia & Pittsburgh—
1st g s f 4s 1990
A&O
West Fruit Exp—See Gr Nor
Western Maryland 4s 1952.A&0
1st & ref 5Ms 1977 ser A..J&J
Equipment trust 4Mb
Equipment trust 5s
West N Y & Penna 4sl943_A&0
Western Pacific RR Corp—
1st M 5s 1946 series A
M&S

922*
32*

Chic & East Illinois common.100

llH

m

1st
1st
1st
1st
1st

Preferred series A

692*
17%

M

82

Chesapeake & Ohio common—25

90
90

85

Det & Chic ext 1st g 5s *41.J&J
Des M Div 1st g 4s 1939. J&J

Eqtr 5Ms 1938 (yr)

50

-100

Cayuga & Susq (gu D L & W)_30
Central of New Jersey..
-.100
Chesapeake Corp
♦

90

85

Equipment trust 52*s
Equipment trust 5s
Eq tr 4 Ms 1938-43 (yr)—.A&O

Equipment

..100
com

100
Unstamped—
1st pref 5% class A...-.100
1st pref 8% class B_.
100
1st pref 7% class C.----100
1st pref 10% class D_.—100
1st pref 4M% class E...100
6% non-cum preferred.-—-100
7% prior preferred
100
Stamped—
Common
-—100

92

18%

1st gold 5s 1939
2d gold 5s 1939

5s

^

92*
122*

5% preferred

Minneapolis & St Louis
Minneapolis St P & S S M—100

'

92*
112*
322*
902*
302*

50

50
100

Preferred
Mill Creek & Minehill
Navig.
MInehill & Schuyl Hav (gu)—

35

4M

72

1st lien & ref 32*s A 1966.M&S
Eq tr 42*s 1938-1940 (yr)—J&J

Assented

70

Boston & Maine common

88

—.A&O

Eqtr 5s 1938 (yr)
Wabash Railroad Co—

16

382*
70
75

110

Mahoning Coal RR
Pref (guar
LS&MS)
Maine Central

Massiwppa Valley
Michigan Central
Middl .,nd Valley common

53

382*
652*

American shares partic pref.
Boston & Alb (guar NY O)—100

2

M&N

Va & Southwest 5s 2003

15
48

Beech Creek (guar N Y C)—50

1

war

_

142*

Belgian Nat Rys Co—

& scrip ret No. 5 on
Vermont Vail 1st 4 2*8 1940--A&O
VickBburg Bridge & Term Co—
1st M s f 6s 1958
—M&S
Debenture s f 7s 1948
M&S
Vicksburg Shreveport & Pacific—
Pr lien 6s '15 ext 5% '40—M&N
Gen 5s May 1 1941
M&N
w

15

122*

12*
142*

30

1st guar 4 2*s assented—
_

Lykens Valley RR & Coal— 20

72
127

12*
142*
122*

52*% pref (without warr)—100
5M% pref (with $40 warr). 100
2M % prior conv pref
—*
Allegheny & West (6% guar) .100
Atchison Topeka & Santa Fe.100
5% non-cum pref
100
Atlanta Birm & Coast pref—100
Atlan & Char Air L (guar).—100

5% conv preferred..

Vera Cruz & Pacific RR—
1st guar 4 Mb unassented—

July 1914
July 1914

121

Augusta & Savannah (guar)—100

108%

Utica Clin & Bing 5s 1939—-J&J
Vandalia RR—

Albany & Susquehanna (gu)—100
Alleghany Corp common
*
5M% pref (with $30 warr)_100

Ask

Louis & Mo Riv pref (guar)—100
Louisville & Nashville
—100

46
61

59
60

Bid

Stocks

Ask

44

Atlanta & West Point
100
Atlantic Coast L Co of Conn. _50
Atlantic Coast L RR com
100

116

General gold 4s 1944—.—M&S
1st 4s Sept 1 1948
M&S
1st 42*s Feb 1 1973
F&A
Gen 1st g 32*s 1951
M&S

_

115M
95 M
962*
2.00%
1.00%
1.00%

125

Deb 6s 1946
M&S
Union Terminal Co (Dallas)
1st mtge 3 2*s 1967—
F&A
United N J RR & Canal Co—

A1 Great Southern com
50
Preferred
..—.50
Alabama & Vicksburg_gu
100

107

114

Bid

Par

STOCKS

76

n

Nomlual.
r;

Investing Companies Stocks and
"and interest" except where

All bond prices are

NOTICE

Quotations for all securities are as near as

Stocks and Bonds

Bid

Par

Stocks and Bonds

Ask

,

marked "f

Par

Per

12.83
4.38

Warrants

(Mass)—

Foundation Trust Shares ser A—1

3.75

4.00

Common with warr ants. .....1

27%

1
2

ifH

if!

Common ex-warrants

Class A opt
Class B_

div

25

ser w w

s

1
__*

5%
98 M

—M&N
10c

98%
4%
25%

4%
25%

General Investors

Trust—..—1
—1

4.54

28

31

18%

35
69c

$6 pref (with warrants)
—*
German Credit & Investment—
Pref allot ctf 25% 1st pref.

13

Gleneagles Invest 5s June 15 1944

60

5% preferred

w w

32
61c

19%
4%

Atlas Corporation common

Great Brit & Canada Invest¬

5

71

—5

3

Group Securities, Inc—

30
34

Agricultural Shares

Automobile Shares...........

78c

80%

Building Shares...s.

1.19
1.19
76c

1.16

.......

........

Chemical Shares

-

Food Shares
...

72c

...

Investing shares
Merchandising Shares
Mining Shares

91c

Petroleum Shares
Railroad

1.22
1.09

:.

77c

Equipment Shares

1.11

Steel Shares

5%

92c

Tobacco Shares

Bankers Securities Corp com..50

12%
6%

70
70

Deb 5s April 1 1948
A&O
Pacific Finance Corp (Calif)—10
Pacific Investing Deb 5s 1948J&J
Pacific Southern Invest pref
Class A

12 %
88 %
2b
6%

*

50

20

Boston Fund Inc
Boston Personal Prop Trust
British Type Investors

*
1

Broad St. Invest Co Inc

5

Bullock Fund Ltd

4*\

1

Canadian Internat Inv Trust

Insull Utility Invest—

Capital Administration cl A....1
*

Insuraushares

10
*
Cent-Illinois Securities Corp.—1
$1.50 conv preferred
*
Cent Invest Corp 4-6s '57—A&O
Central Nat Corp'class A...
Class B

17" 84
2.55

Selected Industries

1.26

1.39

$5.50 prior stock

_

/
/

3
6%

Co of Delaware—1

1%
4%
1%

Investment Co of Amer

Investors

34

9.95

.........1
25

13.78

90

95

98

100^

Debenture 3 %a 1951
Commonwealth Investment....1

100

96

103%

104%

3.21

3.43

1

%

1

common.

98%
100%
43

*

*
J&J

.....

20%

1%

........

Lawyers Mtge Inv (Boston)—
1st 5 Ms series B 1940
M&S
Major Shares Corp..
*
Manufacturers Finance (Bait)S f coll 4 Ms series A 1942. A&O
Marine Midland Corp
5
Maryland Fund Inc
10c
Mutual Investment Trust

28

National Bond &

45c
6

30

60
2c

75

New

20c

5

8%
5%

Invest

Nat Rep Invest

22

27

100

109

...

2.62

Dividend Shares
25c
Domestic & ForeignIn5V£s47F&A f
Eaa Util Invest Deb 5s 1954 M&S 15 f

1.21

22
23

100

101

Elec Shareholdings Corp com...1
$6 conv pref with warr
♦

70




e

Ex-coupons.

2

72

/Flat price.

100 k
North American Bond Trust Ctfs_|e
North American Co—
preferred..

/«

Nominal,

x

1%
8%

?Ic*
35
3.05

1.39

13.14

conv

5.55
5.55

80

1953
J&J
Trusteed Amer Bank Shares B 25c
Trusteed Industry Shares
25c
Trustee N Y Bank Shares....60c
Trustee Stand Invest ser G—.
5s

deb

104%
104%
61c

91c

1.15

1

2.23

Trustee Standard OH shares A.

6.44

Series B
._1
Union Investment common..... *
Conv deb 5s 1946
M&S
United Corporation—
See Public Utility stocks

91

-

6.90
7.18
8.72
7.78

7.47
7.77

9.65

Voting shares
Foreign Securities com..*
$6 1st preferred
*

9.96

5.85

5%

U. S. & International Sec.—*

United N Y Bank Shares C3—*

92%
5%

89%
50 %

Ex-dividend,

9.43
8.42

1.25

2.28

_

Class D

U S

See Public Utility stocks

ALastsale.

...*

preferred.

United N Y Trust Shares

1.31

Economic Inv Tr Ltd 5sA'57M&N

6%
3.10

cum

8.67

7.67

cum

76

9.33

9.13

7.41

$6

47c

23%
3%

8.44

Railroad equipment...

Niagara Share Corp (Md)—
Conv deb 5Ms 1950.... .M&N
B common
5

%

4*

1

1%
%

Steel stocks

18.61

No par value

.......

2.35

..1

...

2%

Oils

17.33

Supervised Shares

6%

~4%

5.95
26

3

.....

Wai
arrants

5.25

8.92
9.21

Eaton & Howard Management
Fund A-l

1%

...

—

%
14.44

2.02

Class D

15%

—

stocks

76c

%

3.18

81

5.10

3.00
1.26
14.22
%

69c

114

2.02

8.01

York .Stocks, inc

Machinery..
Metals

3 ,50
5.30

*

Electrical equipment
Insurance

2.85

2.50

_

Building supplies

4.45

..1

...

D shares

_

100
100

Agricultural........
Bank

Diversified Trustee Shares
O shares

1

preferred.
2d preferred
New

30

xl .52

1
1

Series B

24

.

Nat Trust Shares Remodified.-.l

1st

115

*

6.35

45
2.20

1
Trust Conv pref *

2.55

Deposited Bank Shs N Y ser A.
Deposited Insur Shs. ser A

6

2.10

..1

....

AGO

7 % cum preferred
Cumulative Trust Shares

5%

45

Class BB.........
1
Class O
.................3

100

7%
10%

1%

43

112M

l

Tri-Continental Corp.....

New York Investors common.

10

77
77

....2

11.67

2.55
10

73
1

.....

16%
77%
42%

Nation Wide Securities Oo_..25c

100

73

Standard Investing Corp com..*
$5.50 preferred w w_.
*
Deb 5Ms 1939
F&A 15
Standard Utilities Inc
50c
State St Investment Corp
♦
Sterling Securities common A..*
Common B
*
S1.20 preferred
*
S3 cum conv 1st pref
50
Suburban Elec. Securities
*
$4 cum 2d preferred
*
Super Corp of Amer class A...2

10.68

2.10

com

M&S

....

100

Accumulative series
AA (modified)

8% preferred.....

62

—25
Solvay Amer Corp 5%% prf_. 100
Sovereign Invest. Inc., com..10c
Spanish & Gen Corp Ltd—
Am dep rets ord reg
£1
Amer dep rets ord bearer
£1
Spencer Trask Fund Inc
...*
Standard Amer Trust Shares

Class B

2%

National Investors.
common

62

Class AA

52

....

%

Shenandoah Corp common
$3 convertible preferred

*

com

u

2.10

Crum & Forster Insureb B..

3

9.93

60%
9%

Third National Investors

Voting shares
New Kngiand Fund....

Crura & Forster Inc

5 32

1%
60

9.11

M&S

20.97

2.14

(modified)

15 76

$5.50 preferred

7%

ser

y2
__

23.65
15.11
15 32
11 52

100

1%
55

_

5.77
19.76

5% prcicn eu ser A w w
/o preferred uci A W
Nat Bond & Share Corp.

20

...............

37
10 56

1%
3.00

44%

98

5

..10

22

1

2.90

...

1952

1

4

60c

3.94

Shawmut Bank Inv Trust—
4 %b Mar 1 1942

March

....

60 %
7

Conv preferred
Allotment certificates
Shawmut Association

5s

36c

44%

*

com

1

Massachusetts Investors Trust

4

6% preferred.....
..100
Corp Secure 5% notes 1935.M&S

2%

-,-10

35c

Continental Secur Corp com....*
5% preferred
.100
Debenture 5s May 1 1942....
Continental Shares com
*

14.03

14.39
4.79

........

Series S-4
Lark ins Warr Trust

27

Invest Trust com.l

Warrants

Corporate Trust shares old

x

10.52

Series S-2

4%% conv preferred
100
3 % % debentures 1951
A&O
2%% debentures 1942...J&D

preferred

—....

Series K-2

36%

65

19*'
21.66

Series K-l

36

AA......

60

10

Preferred

10

Consolidated

Royalty

%

20

Keystone Custodian Fund B-2—*

Co_""I~"__100

Commonwealth Securs
Preferred

30

%

Investors Fund of Amer Series Cl

Oleve Securities 4-6s vo 1943.J&J
Coimmonwealth & Southern Corp
See Public Utility stocks

conv

30%

27%

Series B-3

Commercial Invest Trust

1%
4%
1%

28

-

com... 100

Commercial Credit common

....

27
9.58

65

Selected Income Shares

1.25

Corp—
Utility stocks
Equity common—
$3 convertible pref A
Investment Bond & Share—
5s series A 1947
J&D

PpAfpTTAfl

City Investing

Selected Amer Shares Inc

1.13

■;:?

1

40c

*
*
2%

$6 preferred

16.59
2.45

Feb 15
9

%

1

Securities Corp General com

x

100

9 08
31c
07

6s series 4 Nov 1942

5

See Public

7% preferred
100
Conv preferred
100
Conv pref series of 1929
100
6 % cum preferred
100
Century Shares-Trust
—*
Oh icago Corporation
.......*
Convertible preferred
*
Securities

6

Interstate

Central States Elec Corp...

Christiana

3/

%

iri

10.95
96%
9

nJ%

$6 preferred
*
Royalties Management A_.
1
Schoellkopf Button and
Pomeroy Inc common
10c
Second Nat Inv Corp Com
1
$5 conv preferred
...1
Securities Co of New Jersey—

International Utilities

*

.

1.21
1.01

99

25

10
25c
A&O

Reynolds Invest 5s 1948
Common stock

85c

(Md) ctfs Inc
1
International Holdings & Inv.—*
Internat'1 Secur Corp Amer—
6% preferred
2
—.100
6% preferred
100

$3 cum pref series A
Carey Trust

Representative Trust Shares
Republic Investors Fund

85c

5%

87

7%

♦

Reliance Internat Corp com A 10c
Preferred..
..*

39%

Insuranshares

Class B

1.00
1.33
1.19

94

Deb g 5s Jan 1949—
..F&A
Deb g 6s 1940 B with war
J&J

F&A

Deb 5s series A 1958

80c

55c

In3titu'l Secur Ltd B'k Group Shs
Insurance Group Shares......

42c

,

Preferred

84c

36%

Independence Trust Shares.—..*

58 series A1959
A&O
Canadian Invest. Fund, Ltd
1
Canadian Pow & Pap Invest Ltd—

1?M
1%
55

*
$6 preferred
*
Pub Util Investing 5s 1948.A&O
Pub Util Sec 7 % preferred
*
72
4
Quarterly Income Shares
10c
5% deb series A 1942
M&N
1.27 Railway & Light Securities com.*
Conv colltr 4Mb series "11"
86c
1955
A&O
1.30
lk
1.30 Railway & Util Invest A

5%
1%

4%

%

3

♦
10
25
100
10c

Prudential Investors

1

—

Phoenix Sec Corp
$3 conv pref class A

Pittsburgh United Corp
7 % conv preferred
Plymouth Fund Inc

n

4

_..*
.—...*
*
Debenture 5s series A.... 1948
Huron Holding Corp......1
Hydro Flee Sec com
*
Illuminating & Power Securities—
1st preferred
100
Incorporated Investors
36 1st preferred
$3 2nd preferred..
$7 preferred

10
1
100

*
*

Class B

4.U
18

1/

1

Guardian Investors com

12

preferred

Corp 4%8 1959...-A&O

ment

Greenland Trust

5

6% preferred
Basic Industry Shares

1%

28

6% preferred
50
Option warrants...
Bancamerica-Blair Corp—
1
Bankers Nat Investing com
*

Blue Ridge Corp common

*»»

.....

Gen'l Realty & Utilities com

Associated Stand. Oil Shs
2
Atlantic Secur 4hs A 1953.A&0

*

85

*
M&N

Overseas Securities Co
Deb 5s Nov 1 1947

65*'

48

$6 preferred
Warrants

ft*

100
,.100
J&D

...

5% preferredex-warr
10-year deb 3s 1946-.

$4.25

§5

.*

Assoc—

65

$2 preferred
$2 % preferred
$3 preferred
...—1
Amer General Equities Ins—25c
Amerex Holding Corp——.—*
Amer Insuranstocks Corp.—
*
Amer Investment (111)..
*
Convertible preferred....
25
7% preferred
25
8% preferred
25
Associates Investment Co
*

conv

%
6%

2%

Debenture 4%b Dec 15 1952—

16

21%

5s series B 1958
American General Corp

$3

oJ* 96%
29$ \f.¥o

Deb 5s Feb 11952 without warr

General Capital Corp
.....*
General Investment Corp

1

6%
6%

—1

Old Colony Invest Trust Comm*
Debenture 4%b Feb 1 1947

5.13

f 5s 1958 ser A—-J&J

Amer Elec Sec partic pref
American European Secur
Colltr

4.54
4.13

..................2
Class B
.....*
General American Investors—*
$6 preferred w w
._*

40

100

_M&N

1944

Old Colony Trust

Class A

2H
8

American & Continental Corp—

ww

4*

2.02
2.52
2.48
2.28
6%
92

*
1
1
1

Preferred
1
Oklahoma County Trust.——10
Oklahoma Southern Trust

Fundamental Trust Shares Inc—

21

6Ms

Oils & Industries com

Investors—

Fundamental Investors Inc

60
23

25

Amer Cities Pr & Lt cl A

Deb

27%

2%

*

1958

8.17

National

4%

39
34

100
100

Northwest Bancorporation
*
Ohio Finance conv 5s 1951..F&A

6.88

60

19*'

prior pref

3.50

94

92

100

North American Trust Shares—
1953

2.77

3.16
8.75

7.54

3.41

S3 preferred.

If
J5.50

2.50

50

Fourth

—10c

......

16%

Ask

share

_

J&D

1951

4s

6% preferred
5%% preferred

3.45
20.08

Bid

Par

Per

Collateral
Common

Foreign Bond Associates Inc.....
Foreign Power Secur Corp—
1st colltr conv 6s A 1949..J&D

Capital Corp A—..—10c

Class B

3.15
18.65
14%

Fiscal Fund, Inc.—
Bank stock series

93

Shares ......new

Amer Business
Amer

Equity Shares

6?c*
21*

of issue

Stocks ana Bonds

North American Invest Corp—

28

3%

.....10c
.10c
Fixed Trust Shares series A... 10
Series B
20

.----*
F&A

28.30

25^

Insurance stock series

*

1956

share

26.60

Equity Trust Shares in Amer—1
Fidelity Fund, Inc...........-*
"fret Boston Oorp
..........10

46

Amer Bankstocks Corp
*
Amer British & Cont Com...—.*

$6 preferred
Deb g 5s 1953

-

17%

Deb 4%b with com 8ha 1967—
Aldred Investment Corp (Can)—
Deb 4Ms with com shs 1968...
Alliance Investment com...
*
Allied Int Investing Corp com..*

$3 convertible preferred

preferred

fonv

"I %

......

Aldred Invest Trust

6

10c
—1
.....1

Equitable Invest Tr (Mass)
"Canity Oorp common
$3

Air Investors Inc vt c........-*
Convertible preferred
—*

Ask

Bid

share

Administered Fund 2d Inc......*
Affiliated Fund com.........125
Sec conv deb 5s 1944-47—J&J

and income and defaulted bonds

possible for the closing day of the month preceding the date

ser

F._*

Banking Corp
U S Elec Light & Fow tr ctf A_.

93

2

2%

1%

1

45c

75c

12

12%

1.70

Trust ctfs series B
U S &

87c

73

75

%

8.02

54

8.30

1%
41%
%
1%

1st pref with warrants......*
Utility Equities Corp..........5
Conv preferred
.7
Utility & Industrial Corp.—
5
94
Convertible preferred
7
6
1
Jan. 22 Wellington Fund..
Western Reserve Investing—

Deb

5 Ms

Wisconsin

y Ex-stock

1944

Banksharcs

dividend.

F&A

1.86

79c
7

7%
1

59%
2
44

%
2

12.88

14.20

102

104

4%

4%

Utilities

Public
(Includes street and electric railways,

electric power, water, telegraph, telephone and bridge companies.)

gas,

are "and interest" except where marked "f" and income and defaulted bond*
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue

NOTICE—All bond prices

Bid

Bonds

Adriatic Electric Co

Ask

Extl s f 7s 1952
A&O
Ala Gas Co 1st M 4He 1951-F&A
Alabama Power 1st as 1046.M&8
1st & ref 5s 1951-—.
J&J
.

85 M

82

79M

80 M
70 M

76 M

Atlantic City Sewerage—

99 M

Atlantic Co Wat 5s *58 ser A

SS8

1st

T

ctfs '43
Alliance Power 1st os 1952..M&S
Alton Water 5s 1956
—A&O
Altoona & Logan Val Elec Ry—

90

70

64

M
H
H

Oonv deb 6s 1940—M&S
Community Power 5 Ms 1953

5 Ms Certificates of deposit 1953

it*

Amer Elec Pow deb 6s '57 M&S15
Amer & Foreign Power Co—
Deb g 5s 2030
M&S
Amer Fuel & Pow 7s 1934.J&J
Amer G & E deb 5s 2028—M&N

16

56

55

-

9

10

107 M
37
34

3.06 M

Am Gas & Pow deb 3-5s '53.F&A

8ecured deb 3.60-6s 1953..J&D
Am Pow & L deb 6s 2016—M&S
Amer Rys Corp coll 4Ms '53. A&O

32
72

73

46
35

49

38

77

79 M

11

Debenture 4Mb 1963
A&O
Amer States Public Serv—
1st 1 5 Ms 1948 ser A
M&N
Deb 6s 1938
J&D
Amer Telep & Teleg—

14

113M
101M
101M

113M
101K

101U

100 M
98 M

Amer Utilities 1st 6s 1945..-J&D /
Deb 6 Ms 1941
M&N '

99M

62"

Deb 6s 1975 ser A
M&N
Deb 5s 1975 ser B_
..J&D
Ana&Pot R RR-See WashRy&El

Deb 6s Apr 1,1955
Berlin Elec Elev & Underg

60

30

108M
76

83
27

30

101

100"

89

91"

85M
93 M

86 M

Ark West Gas 1st 5s w w '39. J&J
Ashl'd Home Tel 4 Ms A 1961A&0

102 M

97
10

102"

89
35

91

91M

80

Ashtabula Wat Wks 5s 1958.A&O
Assoc Elect 4Ms 1953
J&J
5b Jan 1 1961
J&J
Associated Gas & Elec Co—
Oonv deb 5 Ms 1977
F&A

101M
36 M
41M

37 M
42 M

33

35

27

M&N
F&A
J&J
M&S
A&O

30
29 M

29
25
26

25 M
28

28

28M

23

25

84 M

Cons ref deb 5s 1968
Cons ref deb 4 Ms 1958—-M&N
Conv invest ctfs 5 Ms
M&N
S f inc deb 5 Ms A 1983—F&A

86
35

8 f inc deb 5s B 1983
M&S
S f inc deb 4 Ms O 1983—M&S

28 M

25
'

S fine deb 4s D 1983.
M&S
S fine deb 5 M-6 Ms A1986 F&A

mt

S fine deb 5-6s B 1986—M&S
S f inc deb 4 M-5Ms O '86.M&N

tm

24
35

mt mm

mm

mt

tm

25

mm

24

■

Conv A 5s 2002
Conv A 6s 2002
Conv A 7s 2002

Q-F f
Q-M /
Q-F /
Associated Gas & Elec Corp—
8 year 8% ww 1940
M&S
8s ex-warrants 1940
M&S
Conv deb 5Ms 1973
F&A

5"

6M
6M

5M
6

7

88

90

89 M
59

Conv deb 5s 1973
Oonv deb 4Mb 1973

J&D

87
56 M
53 M

J&D

49

Conv deb 4s

M&S

47
28 M

60

62

52

104

105

73 M

/
O.M&N /
/
2-yr 6% notes 1933
A&O f
Certificates of deposit
f
Athens (Ga) Ry & Electric—
1st & ref s f g 5s 1950
J&J
Atl Cons St RR—See Ga Ry & El
Atlanta Gas L 5s g 1947.--.J&D
Gen mtge 4Mb 1955
—M&S

•

:

tm

mm

mm

—

as>'s.

102

1981

ser

78"
65

Cent Mexico Lt
1st s f 6s 1940

&

109 M

..J&J

45

A&O
1950. A&O
J&D

105

69
87 M
102M

1 t 6Ms series B 1951——J&D
Cent Pub Serv Oorp—

2

——

100 M
100 M

102"

106 M
109 M

107 M

109 M

110M

116

118

21

23

112

*113

,

79

83

99

58

41

104M

—

45 M

46 M

30

33

54 M

99 M

65
60
55

55

55
5s series C 1933——J&D /
Charleston Cons Ry Gas & EJ
100M
Consol gold 5s 1999
M&S
Charleston Transit Co—
80
1st 5s 1942
M&S

M&S /

50

Coll trust 5s notes 1942

M&S

55"

85

--

70

75

53

56

106M

Chester Water Service Co
1st 4Ms 1958 series A
Chic Aurora & Elgin RR—

103

105

3

49

4

M&S
J&J /

1st & ref 6s 1951

49

Chicago City & Connecting Ry
Colltr s f g 5s Jan 1,1927.A&O f

49

54"

49

52

Chicago City Ry—

49

52

1st 5s (15% paid) 1927—F&A /
42 M
Chic Dist Elec Generating—
1st M 4 Ms 1970—
105M
M&S

49
49
30

60

41%
78 M
80

26M

Chicago Railways Co—
1st 5s 1927 stpd as to 25% pt
red and

67 M
104 H
110 H

193M
100 M

pay

Cons M 5s

Aug 1, 1933.-F&A f

92

ser

deposit

J&D /

Chicago Rapid Transit Co—
1st &ref 6Ms 1944
J&J /
Certificates of deposit
f
1st & ref 6s 1953

ser

A

Jan.18

98 M

Chippewa Power 6s 1947
1st mtge

104 M
115

117

~

38

42

98 M
96

99 M
97

■'

j

3Ms 1966—

F&A

1st mtge 3 Ms 1967
J&D
Cin Newport & Gov L & T—
1st ref 6s 1947 series A
J&J

Ry
113

'

J&D

7M
105 M

Cincinnati Gas & Electric—

See

'

M
K

...

110

,

/

Adjust deb 6s July, 1963..J&J /

Certificate of deposit
/
Chicago & West Towns Rys—
1st cum inc 5s 1937
J&J f

100

"

4K
4H
4H
4K

J&J /

Certificates of deposit

J& r> k irr M
100 M

45
45
8M
4M

f

A Feb '27—A&O /

Series B Feb, 1927

102 H

66 M

6M

1st 6s series B 1961
M&N
105M
Chic North Shore & Milw RR—
1st mtge gold 5s 1936
3M
J&J /
3
1st & ref os 1955 ser A
J&J /
3
1st & ref 5Ms 1956
A&O /

Certificates of

106 H

100 M
90

J&D

101

Ches & Pot Tel of Va 5s '43-M&N

50

< Internet

100M

55

Chattanooga Ry & Light—
1st & ref g 5s 1956 op '16.M&N
Chatt Rys 1st cons 5s '56.M&N

100

10

5
13

Gen & adj 5s 1942—
53 M
98 M

37 M
37 M

37

Deb 5 Mb 1954
.M&S 15
Cent States Pow & Lt Corp—
1st M & 1st lien 5 Ms 1953.J&J
Debenture 5s 1944
J&J
Cent States Utilities 6s 1938.J&J /

1st 1 coll 5 Ms 1956 ser A__ M&N/
5 Ms series B 1956
M&N /

101

2M
2M

54
37

1st mtge 3 Mb ser B 1966--F&A
Central West Public Service Co—

105M

104

1M

Central States Edison, Inc—
1st coll inc 3-5s 1950
M&S f
Central States Elec Corp—
Conv deb 5s 1948
J&J

Cent Telep (Del) 6s 1938—M&N /
Cent Vermont Public Serv Corp

107

.

Cincinnati
1st

Street

n

Nymiua.

,n

r

87

A&O

83

A&O

89

y

Last sale,

104M
107H
.

Ry—

5 Ms ser A 1952
1st 6s 1955 ser B
m

95"
k

94
95

Conv deb 5 Mb '49
F&A f
Cent Public Util. (ws) Inc5 Ms. 1952 /
94

j&j

rust

105M
102 M
95 M

Pow

106"

91

Buff & Niag Falls El L & Power—
1st gold 5s 1942
F&A

itv.

98

Central N Y Power Corp—
Gen mtge 3 Ms 1962

108M

2s deb A 1938-1942J&D
3s deb B 1943-1947.
J&D

/This price uiriu

81M
97

1st & gen 4s ser G 1960
A&O
1st & gen M 3 Ms ser H '66.F&A

103 M

Calgary Power 1st 5s 1960.-A&O

107 M
93 M

Central Kansas Pr 6s 1946—M&S
Cent Maine Pr 5s '39 op '19.M&N

1st con 5s July '41 (stp)._M&N
75 M
Bklyn Un Elev 5s 1950
F&A
Kings Co El 1st 4s 1949-.. F&A
75
Nassau Elec 1st g 4s 1951..J&J
|,
23 M
Bklyn Un Elev—See Bklyn Queens
Bklyn Un Gas 1st cons5sg'45M&N
106

1st s f 5s 1964

96 M
88 M
96

29M

Brooklyn Queens Co & Sub—

Butler Water 5s 1957 A
A&O
Butte El & P 1st s f 5s 1951. .J&D
Cairo Bridge 1st inc 6 4s '58. J&J

102

107

Cent Pow 1st 5s 1957, ser D.J&J
Cent Pow & Lt 1st 5s 1950
F&A

J&J

-

98 M

F&A
_

82 M

103
103

Burlington (Vt) G L 5s 1955. .J&J

102

_

1st & ref 6s 1952-—
J&D
Cent Illinois Light 3 Mb '66. A&O
Central Illinois Public Service—

1st & ref 4Ms

50

.1

Cent Ills Elec & Gas Co—
1st & ref 5s 1951

1st & ref 5s 1956 ser E
M&N
1st mtge 4Mb 1967 ser F..J&D
1st & ref 5s 1968 ser G
M&N

49

5s 1941 (stpd)

61M
Centra] Gas & Elec 6s 1946.M&S
67 M
First lien coll tr 5 Ms '46—J&D
100
Central Georgia Pow 5s '38-M&N
24
Central German Pow 6s '34-J&D /
Cent Hud Gas & Elec Corp—
110M
1st & ref 5s 1941
J&D
107
1st & ref 3 Mb 1965
.M&S

Cent Ohio L & P 1st 5s
Conv sec 4 Ms 1940

3Ms 1943..M&N
3 Ms 1944..M&N
Coll trust ser 3Ms 1945.-M&N
Col trust ser 3Ms 1946..M&N
Coll trust ser 3Ms 1947..M&N
Coll trust ser 3Ms 1948..M&N
Coll trust ser 3Ms 1949.-M&N
Coll trust ser 3Ms 1950..M&N
Coll trust series 3 Ms 1951-M&N
Brooklyn City & Newtown RR—

m g

82
106
94 M

87 M

ser

1939

Cent Ark Pub Serv Corp—
1st & coll tr 5s 1948 ser A..F&A
Central Elec of N J 5s 1940-J&J
Cent El & Tel 1st 5s ser A '55 J&J

H..J&D

ser

5s

83 M
114

Cent Indiana Gas 5s 1957
M&S
Central Indiana Power Co—
1st & ref 681947 ser A
_J&J
Cent Iowa Telep 5Ms A 1047. J&J

Coll trust

Buffalo Traction
Buffalo & Lockport

24
106
106

103
70

70

Carolina P & L 1st 5s 1956.-A&O
Cedar RapMfg & P 5s *53
J&J

105

3Ms deb O 1948-1952..—J&D

24
24
24
24
24

127M

78M
97

89

Coll trust 3s 1939
M&N
Coll trust 3s 1940
M&N
Coll trust 3s 1941.
M&N
Coll tr series 3 Ms 1942—M&N

Buffalo Niagara ElectricGen & ref M 3 M s ser C "67

74M

120 M

101

-J&D
J&D

_

48

112M
120 M
121M

62

99

103

1st lien & ref 6s '47 ser A
M&N
1st lien & ref 5s ser B 1957 M&N
Deb 5s 1950—
J&D
Buff Gen Elec 1st ref 5s 1939-J&J
Gen & ref 4Mb 1981
F&A

72

M&S f




24 M

70

Assoc Telep Util deb 5s 1942A&O /
Certificates of deposit
/

t

26 M
24 M

23 M

Associated Telep & Teleg Co—
Deb 5Ms 1955 ser A
M&N

104.

mm*.

29

26

Income deb 4s 1961
—M&N
Associated Pub Utilities Oorp—
1st Hen 5s 1947 ser A
J&J
Deb 6s series A 1958
M&N
Associated Telep Co Ltd—1st M 4s series B 1965
J&J

Called March 14 ^t

70M
6M
100 M

104M

101

'56J&J

84

M&S
Bway & 7th Ave—See N Y Rys
Bklyn Borough Gas 5s 1967.F&A
Bklyn City RR 1st 5s 1941—J&J
Brooklyn Edison Co—
Consol mtge 3 Ms 1966
M&N
Bklyn-Manhattan Transit Corp
Coll trust 4Ms 1966
M&N
Coll trust 3s 1938
M&N

1st

50

24

Assoc General Utilities—
Income debs w w 5s 1956.M&N

a

54M
'

F&A
A&O
M&N
M&S

—

— —

55"

11*

Bloomington Dec & Champagne
1st & ref 5s 1940
M&N
Blue Lakes Water 6s *38—_M&S
Bolivian Power 8s ser A '45.A&0
Boston Elevated Ry—
Deb g 4 Ms Nov 1, 1941. .M&N
Deb g 5s Dec 1942
—J&D
West End St 5s 1944
M&S
7s Sept 1947
—M&S
Brandenburg (Germany) El Pr—
Extl 1st s f 6s 1953
..M&N
Bridgeport Gas Lt 4s 1952.-J&J
British Col Tel 5s 1960
1st 4Ms series B 1961
Broad River Power Co—
1st & ref 5s 1954 ser A

104 M

Cape & Vine'd El 4s A '65—J&J
Capital Traction (Wash, D C)lst g 5s June 1, 1947
J&D

Canadian West Telep 5 Ms

108M

47
105

38

Coll trust

28 M

mmmmm

S f inc deb 4-5s D 1980— .M&S

ser

96

100

28" Bleecker St&FulFy-See NY Rys

28

Corp 5s series A 1957
—J&J
Arkansas P & L 1st 5s 1956. A&O

5Ms 1944

A&O

Val G & E 5s *39. J&A
M & coll tr 4s ser C '65
M&N

101M

Certificates of deposit

88

Works

Gas

47
102

A&O

4Mb 1960

29 M
30

100

77M Blackstone

1st & ref 4 Ms 1950F&A
Arkansas El & Wat 6s 1944.F&A
Ark Louisiana Gas 4s 1951..J&J
Ark & Mo Pow 1st 6s 1953—J&J
Deb 6Ms 1935——M&N
1st s f 7s 1953
J&J

Certificates of deposit

F&A

1st 5s 1938

1st

20

.A&O /

Birmingham Elec 4Ms 1968.M&S
93M Birmingham Gas 1st 5s *59.M&N
102 M
6% notes extended 1938— A&O
100
Birmingham Water Works Co—
1st m 5 Ms 1954 ser A
A&O
1st m 5s 1954 ser B
J&D
109M
1st mtge 5s 1957 ser O
F&A

X

Deb gold 6s 2024
J&J
Ardmore St Ry—See Phila Co
Arizona Ed 1st 5s 1948
J&J
1st 6s 1945
A&O
Income 5s 1960
J&J
Income 6s I960....
A&O
Arizona Power 5s 1950
F&A

Conv deb

25

100

Camden & Rockland Water—

Canadian L & P 5s '49 op *14 J&J
Canadian Rail & Harbor—
Term 6 Mb 1951.
M&S
Canadian Utilities Ltd—
1st mtge 5s ser A 1955
M&S

22

Rys—

4s series C 1956

43M Binghamton (N Y)

99M

86 M

103 M

104

Camden & Sub Ry—See P S Oorp
Canada Nor Pow coll 5s '53.M&N

15

■;V»

90
84 M
101M

26 M
24 M
20 M

A&O /

1st mtge 8 f 6M« 1956
Biddefora & Saco Water—

M&S
41M
28
Androscoggin W Pow 6s '45.F&A '
Appalachian Elec Power—
1 st & ref 5s 1956
M&N
a93
1st mtge 4s 1963
102
F&A
S f deb 4Mb 1948—
99 h
F&A

Conv deb 6s 1941

105M

California-Oregon Power—
Deb gold 5 Mb 1942
—A&O
1st mtge 4s I960..
A&O
Calif Water Serv 4s B 1961.M&N
Calif Water & Telephone—
1st mtge 5s 1965
M&S
Calumet G & E 5Ms B 1960.J&J
Calumet & South Chicago Ry—
1st (35% prin paid) 1927 F&A

32

_.J&D

Berlin City Elect 6Ms 1951
J&D /
Sink fund deb 6 Ms 1959--F&A /

87

1st 6s 1940

3Ms 1978

J&J / 20 M
Deb 5s series A 1975——J&J f
23M
85
Deb 5s series B 1975
..J&J
92
Bangor Gas Light 5s 1941...A&O
Bangor Hydro Electric—
1st mtge 3 Ms 1966
107M
..J&J
91
Barstow (W 8) deb 6s 1942. .A&O
Baton Rouge Electric Co—
1st mtge 5 Ms 1954
105M
J&D
105
1st M 5s 1959 ser B
F&A
Bear Mt Hud Riv Bdge Co—
100
1st 7s 1953
A&O
S f income 8s 1953
A&O / 45
98
Bear Val Mut Water 5s 1951 .J&J
Beauharnois Power Corp—
Coll trust b f 5s 1973
A&O f 69M
Beaver Valley Trac 5s 1950-A&O
99 M
Beaver Valley Water 5s '60.M&N
Bell Telephone of Canada—
1st g 5s 1955 ser A
112M
M&S
1st g 5s 1957 ser B
120M
.J&D
121
1st mtge 5s 1960 ser C
M&N
Bell Telep Co of Pennsylvania—
1st & ref 5s 1948 ser B
J&J
119M
1st & ref 5s 1960 ser C
A&O
127M
Bellows Falls Hydro-Elec Corp—
102
1st mtge 5s 1958
A&O
67
Bergen Turnpike 5s 1951
J&J

96

8*

Anchorage Lt & Pow 7-5s'43 F&A
Androscoggin & Kennebec Ry—

Income dob

102 M

100

64

Amer Water Works & Electric—

1973

106

105

1950...:—J&D
M&S

Berkshire Street Ry—
1st extend 6s 1947

—

Amer Util Service 6s 1964—M&N

Income deb 4Mb 1978
Income deb 4s 1978—
income deb 3Ms 1978

69

__

Deb 5Ms Nov 1 1943
M&N
25-year deb 3 Ms 1961....A&O
30-year deb 3 Ms 1966
J&D
American Toll Bridge—
5Ms ser A, B & O 1938 ...F&A
5 Ms series D. 1945
.F&A

Conv deb 5s 1965
Oonv deb 5s 1950—
Oonv deb 4Mb 1949
Conv deb 4Mb 1948

78

64

Deb 4s series A 1975.

96

F&A
...M&N

Appalachian Power 5s 1941..J&D

73

Baltimore Transit Co—

Amarillo Gas 6s
1939
Amer Commonwealths Power—

.

f 6s ser A

99M
99 M

_

_

104 M
Augusta Ry & El 1st 5s 1940 J&D
Aurora Elgin & Chicago Elec Ry
10
1st 5s 1941
A&O f

104 M

1st coll 4s Jan 1 1954....-J&J

Am

s

105

102

Bid

Bonds

Ask

101M
98 M
99 M

Atlantic City El 5s 1938—..M&S
Gen mtge 3Mb 1964....
J&J
Vtlantic City Gas 5s 1960
J&J
1st lien & ref 5s 1957.
J&J

Allegheny Gas Oorp 0Ms

4

vtlanta Nor Ry—See Ga Ry & El
Vtlanta Wat El & Pr 5s 1943 J&J
U1 Beach Bridge 0 Ms 1942—F&A

81

1st & ref 5s 1956
M&N
1st & ref 4Mb 1967
J&D
1st & ref 5s 1968
M&S
Alabama Water Service Co—
1st M 58 1957 ser A
J&J

Deb g 6s 1952 ser A
Deb g 5Ms 1953

86 M

90

.

.

Bid

Bonds

(Italy)—

LUll-d Jua.j 1 at 105.

74

PUBLIC

BONDS

UTILITY

prices are "and interest" except where marked "f" and income and defaulted bonds
Quotations for all securities are as near as possible for the closing day df the month preceding the date of Issue

NOTICE—All bond

Bid

Bonds
Olttes Serv deb 5s Jan *66
Deb g 5s Apr 1958

Deb g 5s 1963
Deb 5s 1969

-

Oonv deb 5s 1950
Oltfes Service Gas Oo—

A&O
M&N
M&S
J&D

Ask
67

67 M

58 M
57 M

g*

59M

58X

69

98 M

98 M

101M

101 %

Citizens Water (Washington, Pal
5 Ms series A 1951
J&J
6s series B 1951
J&J

City Gas & Elec 1st 6 Ms *51 _J&J
City Light & Traction (Sedalia,
Mo) lst s f 5s 1952
J&D
City & Sub PS—See Un Rys of St L
City & Sub Ry—See Wash Ry & El
City of New Castle Water—
6s 1941
J&D
City Water (Chattanooga)—
1st M 5s 1954 series B
J&D
1st M 5s 1957 series O—M&N

103 M

56 M
56M
*

104
29

104 M

102

Colo Utilities 1st 6s 1988- --M&S /
Columbia Gas & Elec Corp—

Deb g 5s 1952
Deb g 5s 1952
_

M&N
A&O 15

Deb 5s Jan 15, 1961

J&J 15

Columbia River Longview Bridge
6Ms stamped 1953
A&O /
Columbus (Ga) Elec & Power—
1st & ref 6s 1947
_

1st & ref 5s 1954

70~

14

87
oO

Dallas Power &
1st mtge 3 Ms

105

Light—
1967

F&A

ser

1

1

1

1

108 M

38

42

92

96

106

40

42"

95

82

103 M

35M
35 M
2Va

/
/
/
f

-

112M
111M

112M
112M
HIM

1st M col 5s 1954 ser B
J&D
1st M col 4Ha 1956 ser O.A&O
1st M col 4 Ha 1957 ser D-J&J
1st M 4s 1981 ser F
M&S

111

107 M
105 M

108

1st M 3 Ms

ser H 1965—-A&O
Oom'w'lth El 5s June 1 '43-M&S
_

Commonwealth Gas Corp—
Non-cum inc deb 6s (w s) 1948Non-cum inc deb 6s (x s) 1948Commonwealth Lt & Power—
Ref & unif 7s 1962
J&J
Oom'w'lth Tel (Pa) 5Ha '45 M&N
Oom'w'lth Tel(Wis)4s serA 1M&S

Community Power & Light Oo—
Col M 5s 1957
M&S

Community Pub Ser 5s 1960-J&J
Community Teleph 5s Jan 1 1949 /

106M

Deb g 6s 1946

ser

A

J&D

21

\f

98

r

82

64

65

96 M

97 M

—A&(

62

56

58

Durham Trac

39

61

30

r
)

)/

104

130
109
104 M

104M

105M

i.

103

104

124

J

Debenture 3 Ms 1946
A&O
Debenture 3Ms 1956
A&O
20-year 3 Ms debs 1958—J&J
Consol Elec & Gas 6s 1962 _M&N
6s series B 1962
F&A

104

Collateral 6s 1957
F&A
Consol Gas of Bait 5s 1939--J&J
Gen g 4 Ms Apr 1954
A&O

34

Consol Gas Elec Lt & P (Bait)—
Ref mtge s f 3 Ms 1971—J&D
Cons Gas (NY) deb 4 Ms *51-J&D

m

& coll tr 4s A 1956-B

1

J&D

1st mtge 3 Ms 1965
1st mtge 3 Ms 1967
1st mtge 3 Ms 1970
1st mtge 3 Ms 1966

M&N
M&N
M&N
M&N
Consum's Water 1st 6s A '46 M&N
Deb 5Ms series A 1970—A&O

trust 5 Ms to 1938—A&O
trust 4Ms to 1941—F&A
trust 4Mb to 1943--M&S
trust 4s to 1946
M&S
Galv-Houston Co inc 6s '55.J&D

b

1.50

b 2.50
b 2.75
b 3.00

1.00%
1.75%
2.00%
2.25%

82

A&O

97

1944—J&J

86

1st mtge s f 5 Ms 1957
Gary Elec & Gas Co—

1st lien coll 5s

x-w

Gen 5s Nov 1,1954
Gatineau Pow 1st 5s 1956

It*

84

42 M

31M

90~
118M

118M
104M
101M
101M

M&N
J&D

Debenturegold 6s 1941-J&D 15
Deb 6s 1941 series B
General Gas Utilities—
6s

99

A&O

104X
102

101M

60

—

Corp—
80

83
99 M

72

73

102

101M
34
34

....

Georgia Ry & Elec—

97"

21
100 M

Atlanta Cons St 5s 1939—J
Atlanta Northern Ry Oo—
1st guar 58 '54 op '90
J
Gesfurel 6s 1953 xw
J£

102 X

54"

101

/ 31M
"102M
/
12

23

101

%
Eastern

Michigan Rys—

Vs 2?

60

83"
26 M

1M

124

I

95
93
95

Edison Elec Ilium of Boston—
3 Ms 1st M s f July 1. '65-J& J
Ed E. Ill(Bkn)See Kings Co EL& >
Edison El 111 (N Y)—See N Y <
Edison Sault Elec4Ms, 1961 A&i )

97

100M

Electric

Pow

Corp

107 M

1st mtge 5s 1948
Greenwich Wat &
Col tr 5s 1952

108

Eliz &

109

103

103 M
103 M

J

103 M

System—
•

L

Gulf Power 1st 5s 1968
Gulf Public Service Oo—

96 M
94 M

91
ser

oo

Elec CoMi- If

20

Hamburg (Germany) Elev Under

69 X

Corp
104 M

92M
103
103 X

C 1966-.

Extl g s f deb 7s 1935

V

S

100M

Gulf States Utilities Co—

10-year 4 Ms deb 1946

20 M
20 M
68 M

!!!?

40

99 M

108 M

Elmira Water, Light & RR—

Trenton RR

102 M

102 M
as

i
sei rit

>/
>/

^

——

101M

1st M & ref 4s

93
93

3/
)/

106 M
104 M

52

Green Bay & Miss Canal—

Hamburg (Germany)
.

96M

107 M

(Germany)-

Electric P & L Deb 5s 2030_F<S
Eliz Plainf & Cent J1
See
Eliz & Raritan Riv) Public Se

83

96 M
95 M

112

3

Electric Ferries 7s (w-s) '41.A& )
Elec & Peoples.
See Phila R T

93

93

70

?50

102 M
J

)

89

13
77

?95M

Great Lakes Utilities Co—
1st lien coll tr 5 Ms 1942-.
Great Northern Power—

98

3

94

104"

Great Lakes Power Ltd-

56

95
90

Eastern Shore Pub Service Co-

105 M
109

48

3

105M
106 M

71
67 X

70

3

105M
121M

26

....

101

105M

57
60
70

J

102
35

95

57 X

Georgia Power & Light Co—

Eastern Oregon Lt & Power-

20

83

....

65

1st & gen 6Ms 1950-

70

63

99"

97
82 M

61

77X

j

60

73

f 113

15

Eastern Mass Street Ry Co—

35
35
107

61

72M

72 M

mmmm

99
101

3

106 H

104 M
102 M

General Public Utilities—

3
I

107 U

Hydro-Elec Wks of Upper

1938

Equip
Equip
Equip
Equip

General Public Service

104

>

69

6s

70"

98

76

Eastern Gas & Fuel Assoc—

99M

1st lien 5s 1962 stamped--J&J
Consol Edison Co of N Y—

Consumers Nat Gas 6s '44-M&N
Consumers Power Co—
1st mtge 3 Ms 1965M&N

72

Great Cons Elec Pow (Japan)—

126

107 M
106 M

Cons Tr (N J)—See Pub Ser Corp
Consolidated Water of Utica—
1st 4 Ms 1958
M&N
1st M 5s 1958
M&N
Oonsum L H & P Co (Eliz, N J)—

5jj

104
52 M
103
95

1st 5s 1941 —-M& 3
1

108M

A&O

84 X

71

36

10M

Stamped guaranteed opt.-J&J

6% notes, 1940

§2M
87

67

Fontana Un Wat 6s 1935--J&J
Fruit Growers' Express—

58 M

28*
88

1954

Transit—

Duquesne Gas Corp—
1st conv 6s ctfs. 1945
M&S] 5/
Duquesne Light—See Phila Co
Duquesne Nat Gas 7s 1948—J& r
Duquesne Trac—See Phila Co
Durham Pub Ser 7s A '49--A& >

Conn Ry & Lt 4Ha 1951—J&J

Corp

—

66 M

30

96 M

.

85

84 M

Sinking fund debs 5s 1946-J&D

96

!/

1st

Wuerttemburg 1st 7s '56-J&J /

6

X
75

Duluth-Superior

95

57 H

Florida Pow & Lt 1st 5s '54—J&J
Florida Public Service Co—
1st 4s series O 1955
J&J
Florida Telep 1st 6s 1945
A&O

unstamped 1943

75

Connecticut Power—

_

I
*9

30

94
93 M
100

82 X
85 M

Gas Co of New Mex 6 Ha'441
Gas & El of Bergen Co os '49. J&D

72

20

65

Florida Power Corp—
1st mtge 4s series O 1966--J&D

2nd 6s

20"
106M

32

110M
107 H

CO

25

61H

Equit G & E Utica 5s 1942.A&0
Erie Co Electric 6s 1959
J&J
Erie Rys—1st 6s 1954
17
A&O /
Erie Ltg 1st m 5s 1967
105
A&O
Erie & Suburban Ry 5s 1941 A&O f
10
Fall River Elec Lt 5s 1945—J&J
107 X
Federal Light & Traction—
1st 5s (Amer series) 1942. M&S
92
1st 5s (Internat ser) 1942
90 X
M&S
92
Stamped
M&S
1st Hen g 68 1 942 stpd-—M&S
96 M
80
Debenture 6s 1954 ser B._ J&D
Fed'l Pow & Lt 6s Nov 1,1965—
/ 25
Federal St & Pleasant VaUey
Pass Ry 5s May 1 '42
J&J
Federal Water Service Corp—
Conv deb 5 M s 1954
M&N

105
101

53
111
125

O

Dortmund Munlc Util (C
20-yr s f 6 Ms 1948

25-year deb 3 Ms 1956—-M&S
Conn Ltg & Pow 5s '39
J&J

Consol

89M

99

Ercole Marelli El Mfg Co (Italy)
1st s f 6 Ms 1953 with war M&N

5s with warrants 1944--J&J
Gary Rys Co 6 Ms ser A 1945 '
/
Gary Street Ry 1st 5s 1937--A&O f

23

126M
107 M

Consol Gas Utilities Co—
1st & coll 6s 1943 ser A-J&D
6s stamped 1943
J&D

Empire Gas & Elec and Empire
Coke jt 1st & ref 5s'4l opt-M&S

109

21M

1st & ref s f 7s '51 ser A..M&N
1st & ref M 3 Ha ser F '66.M&R
1st & ref M 3 Ms ser G '66-J&D

Conn Rlv Pow 3 Ms ser Ar61 F&A
Oonnellsv Wat 5s Oct 2 *39-A&O
Consolidated Cities L P & Tr— '

87

102 M

113M

rf

„

1st & coll trust 5s 1956. --J&J

i
i

Dom Elec Pow 5Ms 1!
Dominion Gas & El 6 M«

'42

1st & ref m 5s 1952
M&S
Empire Gas & Electric Co—
Gen & ref 6s ser A 1952—J&D

CO
OO

Det & Pt Huron Shore Line—

112

Community Water Service Co—

Deb g 5Ha 1946 ser B—M&S
Oonestoga Trac 1st 4s 1950--J&J
Coney Isl & Bklyn cons 4s '48 J&J
Connecticut Light & Power—

_

105

81" Gandy Bridge (Tampa)

Bridge—

Certificates of deposit.

J&D

104 H
103

r-tH r-t HO

112

International

Conv deb 4 Ms 1946
Empire District Elec Co—

104
102 M

Detroit Edison—

Detroit

102 M

Galveston-Houston Elec Ry1st M s f g 58 1954 opt——A&O /

Co—

1st mtge 6s 1947 series A-.
1st mtge 5s 1950 series B
j

107 %

112

18"

17

103

107 M

108

101M

80

City Gas

108"
84

101

93
Detroit

101M
103
105

1st m 5s 1950 ser A—
J&J
El Paso Nat Gas—
1st mtge 4Mb ser A 1951—J&D

Federated Utilities Inc—
1st lien col tr 5 Ms 1957—M&S

45"

41

/

105

5

102

109 M
106 k
107 M

M&N
Stamped as to Pa tax
Denver Tramway Corp—
Gen & ref 5s 1950 ser A—J&J
1st cons mtge 6s 1943
A&O
Des Moines Gas Co—
1st mtge 5s 1956
M&!
Des Moines Ry 1st »nc 5s Jan 1 '5i
Detroit & Canada Tunnel—
1st mtge s f 6s 1953
M&D

107 M

108
102 M
107

1st & ref 5s 1951

Certificates of deposit

104

J&J

40

100

Light Co—
J&J

96

101

A

101

107

Commonwealth-Edison Co—
1st M 5s 1953

98"

106
60

59

-

100

1st mtge & colltr 4s 1965.M&N

33

106
38

1st mtge g 4 Ms 1969
1st mtge g 4Mb 1969
Delaware Vail Util 6s 1952-1
Denv Gas & El 1st g 5s '49--M&N

111M
102 M

Ask

El Paso El Co—

_

Columbus Ry Pow & Light—
_

70

100 f
103

Delaware Power &
1st M 4Ms 1971

35

J&D

A

105"

103
65

Public Service Co—
Coll inc 6s B Oct 1 11954—J&D /
30 M
93
Cuban Telep conv 5s 1951—-J&J
1st lien & ref 7 Ms 1941.-M&S
96 M
Cumberland Co (Me) Pow & Lt—
100 M
1st mtge 3Ms 1966
A&O
Cumberland Gas 6s w-s 1948M&N /
30
Cumberland Valley Telephone—
100 M
1st mtge 5s 1966
J&J
Crescent

Dayton Power & Light—
1st & ref M 3 Ms 1960
A&O
Delaware Elec Power CoDeb 5 Ms 1959
J&J

100 M
105

2

"

Danville Tr & Pow 1st 5s *41.J&J
Darby Med & Ches Ry—See Phila R Tr
97
Dawson Ry & Coal 5s 1951—J&J

101

93 M
92 M

91

88

Bid

Bonds

73 X

69 M

Dallas Ry & Ter 1st 6s 1951-J&J

61

B—M&N

ser

ser

Cooper RivBri'gelnc 1st 6s'58M&N
Copper DIst Pow 4 Ha 1956- J&D
Council Bluffs Gas 5s 1948--M&N
County Gas of Dallas 5s *46 A&O
County Gas (N J) 5a Jan 1 ,1952.

Danbury & Beth Gas 6s 1948 F&A

66M

100
1st 5s ser A 1958
M&S
Cleveland Elec Ilium—
Gen mtge 3 Ms July 1. *65-J&J
111M
Cleveland Ry 1st 5s A 1945-M&S
101M
Oleve Southw Ry & Light—
Gen & con 5s 1954
2
M&S /
Coast Cos Gas & Elec—
107 M
1st s f 4s series B 1965
M&S

Colonial Util 5 Ha 1958
J&D
Colorado Cent Pow 5Ha '46-J&D
Colorado Power 1st 5s '53—M&N

72 X

General 5s 1966
-..--A&O
Dallas Gas 1st 6s 1941
—A&O

55

Olarksbury-Columbus
Short Route Bdge 6 Ms '52-J&D /
Clear Springs Water Serv—

Contin Gas & El deb 5s 1958 F&A
Continental Pub Serv 6s *40. J&D f
Continental Telep 5s 1953--F&A
-

pipe line 5 Ms 1942-M&N

Cities Service Power & Light—
55M
Deb 5 Ms 1952
M&N
Deb 5 Ms 1949
65M
J&D
Citizens Independent Telephone
102 M
1st mtges f 4MBser A *61--J&J
Citizens Utilities Co—
Income notes 3s 1955
F&A/ 27 M
Citizens Water (Scottdale)—
50
1st 5s series A 1953
J&J

Ask

Bid

Bonds

62 M

Cities Service Gas Pipe Line Oo—
1st M 6s 1943
J&J

1st M
»

M&S

104 X

Harrisburg Gas 5s 1970
M
Havana Elec Ry 5s 1952
I
5 Ms (Sept'31 coup on) '51 _3V
Hempstead & Oyster BayWater 6% July 1 serially--,
Hest Man & Fair Pass Ry—Si
Home Tel & Tel (Ft Wayne)1st 6s series A 1943
1st 5 Ms series B 1955

f

if
3/

28

21M
44
107

46

»108
29

27

IX

Va

90
>hil R T
.

J

mm
■




37 M

/ This price includes accrued interest,

/

91M
103 M

104

)

101M

104 M
105
85 M

>

b Basis.

)
3

103 M
101*

98M

100

)

88M

92M

Houston Gulf Gas-

k Last sale,

n

Nominal.

mm

"

PUBLIC

March, 1938]

75

UTILITY BONDS

NOTICE—All bond prices ere "and interest" except where marked "f" and Income and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue

Bonds

Bid

Houston Light & Power
1st mtge 3**s 1966
—J&D
Houston Natural Gas Corp—
1st m coll 6s *43 with warr.J&D
Hudson Co Gas 5s g 1949—M&N
Hudson River Trac 5s 1950-M&S
Hunt'g'n Wat 1st M 6s '54A M&S
1st M 5s 1954 ser B--.
M&S
1st 5s ser O 1962—
A&O
Hydro El Bond & Sh 5s 1957M&N
Hydro El Corp (Va) 5s 1958. J&D
Hydro El Pow Comm 3**s'43J&J
4?*s due Jan 1.1970
J&J
4**s 1938
F&A
Idaho Power 1st 3 ?*81967..A&O
Illinois Bell Tel 3**s B '70—A&O
Illinois Commercial Telep—

104 J*

105

102
120
60
103

101K

106"

104
99
91

93"

103
118
103

104 M

101%
108 M

102
109

120
103 M

_

1st 58 series A 1948......M&S
1st mtge 5s 1960 ser B—.M&S
111 Community Tel 6s 1949—J&J

95

97

94
42

96

45

Illinois Northern Utilities Co—
lst&ref5s 195' opt......A&O
Illinois Power & Light Corp—
1st & ref 6s 1953 series A..A&O
1st & ref 5**s 1954 ser B..J&D
1st & ref 5b 1956ser O.
J&D
8 f deb 5hs 1957
M&S
Illinois Water Service Qo—
1st mtge 58 1952 series A—J&J
Indiana Assoc Telegraph—

107M

108

90
87

75
101

103

1st mtge 4Ms ser B 1965..A&O
105
Indiana Central Telep Co—.
1st lien coll 5**s 1938—M&N /
89
Indiana Electric Corp—

106

1st M 6s 1947 series A...M&N
1st M 6Ms 1953 series B..F&A
1st M 5s 1951 series O
M&S
Indiana Gas Light 6s 1941 M&N
Indiana Gas Utilities 5s 1946.J& J
Indiana General Service—
1st M 5s 1948
J&J
Indiana Hydro-Elec Power-—
1st mtge 5s 1958 sar A
M&N
Indiana & Mich El 5s 1957—F&A

lst&ref 5s 1955
M&S
Indiana Pr 1st 7Ms *41 A .M&N
Indiana Ry & Lt 1st 5s *43
J&J
Indiana Service Corp—
1st & ref M 5s Jan 1,1950.J&J
1st 1 & ref 5s 1963——F&A
Indiana & S W Gas & Util—

86

91

H

89

77

66"

109 M
78

110M

81
111

106 M

106 H

112M
102

53*
53

ser

48
63

J&J

A

105 M
48

Indianapolis Ry 5s, 1967 ....J&J
Indianapolis Water—
1st mtge 3 Ms 1966
—J&J
Indianapolis W W Sec Co—

Sinking fund deb 7s 1938-F&A

Rapid Transit—

,b53&

18

Certificates of deposit

Conv g 7% note 1932
M&S
Intercontinent8 Power Co—
Debs A 6s 1948J&D f
5
International Hydro-Elec System
Conv deb 6s 1944 w w.
A&O
97
Internat'l Pow Ltd 6**s 1957M&S
Deb 6s 1957
M&S
94
Debentures 6s 1955—J&J
100 M
International Power Sec Corp-—

bonds 1955 ser O J&D
Sec 7s 1957 ser E
..—F&A
Sec 7s 1952 ser F
J&J15
International Railway (Buffalo)Buff Trac 1st 5s 1948.
J&D
Buff & Lock 1st g 5s 1938—J&J
Internat Ry ref os '62 op.M&N
International Telep & Teleg—
Deb g 4Mb 1952
J&J
6M %

sec

Conv deb 4%9
Deb 5s 1955

1939

...J&J
F&A

Int-State Bridge 4-6 Ms '50 M&N
Interstate Gas & El 6s 1951—J&D
Interstate Power 1st 5s '57—J&J
Deb gold 6s 1952
J&J
Interstate P S (Ark) 6s 1940 M&S
Interstate Pub Serv Co—
1st & ref 6**s 1949 ser B..J&J
1st & ref 5s 1956 ser D....J&D
1st & ref 4Mb *58 ser F—M&S
Interstate Rys 4s 1943..
.F&A
Interstate Telep Co—
f
1st M 5s 1961
A&O
Interstate Tel & Tel 5 Ms 1953J&J
-

Investors

Telephone 3s 1961.J&J

Iowa Electric Co—
1st 4s ser A 1961...
.J&J
Iowa El Lt & Pr 7s ser C '42.F&A
1st mtge 4s ser E 1955....J&D
Iowa-Ill Telep 2-5Ms 1949—A&O
Iowa-Nebraska Lt & Power—
1st lien & ref 5s '57ser A..M&N
1st 1 & ref 5s 1961 ser B
M&S
Iowa Pow & Lt 1st 4Mb 1958 M&S
Iowa Pub Serv 1st 5s 1957..J&D
Deb 5s 1968
M&S
1st mtge 5 Ms 1959
M&S
Debenture f»s 1960
.M&N
Iowa Southern Utilities—
1st & ref 5 Ms 1950
J&J
1st & ref 5 Ms July 1 '50-M&N
Deb 6s 1950 ser A
M&N

Isarco Hydro-Elec Co (Italy)—
1st M s f 7s 1952
M&N
Island Gas & Electric—

25-yr

s

f 5Ms 1953 ser A..M&S

Italian Superpower Corp—
Deb 6s 63 (without warr).J&J
Jackson County (Mo) Lt H & P
1st 6s series A 1956
.J&D

e

x

* Called April 1 at 105.
Called May 1 at 100.




1st 6-7s series B 1951-——J&j
1st ref 4s series O 1957——j&J
Kansas Elec Power—
1st mtge 3 Ms ser A 1966.J&D
Kansas Gas & Electric—
Deb gold 6s 2022 ser A—M&S
1st mtge 4M« 1080———J&D
Trftnaaa Power 1st 5s 1947..M&S
Kansas Power & Light Co—

54

II*

Kentucky Power & Light Co—
1st 5 Ms series A 1948..—M&S
1st m 5Ms 1948 ser B—M&S
Kentucky Traction & Terminal—
1st & ref gu 5s '61 opt 14 F&A
Lexington Ry 1st 5s 1949.J&D
Kentucky Utilities Co—
let M 6 Ms Sept *48 ser D M&S
1st M 5 Ms 1955 ser F—A&O
1st M 5s 1961 series G
F&A
5s series H1961-—fj&A
1st M 5s 1969 ser I
F&A
1st 7s series J 1957.—...F&A
1st 6s series K.1957--.---M&S
Keokuk Elec 6s 1945—.---M&N

64

83
98

87
100

36

39

58 J

1

19
3

104
102
110

28"

98 M

98 %
116

lOOM

80

85

72 M

73 %
73%
73M

73
97
89

93

95
98

Kings County Elec Lt & Power—
Purch money 6s g 1997—A&O
Edison El 111 Blkyn 4s *39. J&J

151*
101

It*

1st col&ref 5Msl960 ser D F&A
49
6s coll notes ser A1942—F&A
49
6s coll notes ser B1942—F&A
102 M
La Crosse Telep 5Ms 1948—J&J
*
105
Lake Erie Pow & Lt 6s 1946.A&0
1st & ref 5Ms ser B 1949-M&S t 105
1st & ref 6s ser C 1952—M&N *105**
65
Lake Sh Gas 1st 5Ms 1950—M&N

114

103
33

83M
114M
104

95
93
106 M
101
82
103
88

94?*
101*
83
104

de^_ / 28

s

72
75
72
^

20 M

J&D /

f 7s 1941.

Marion-Reserve Power—
1st mtge 4Ms 1952
...A&O
Maritime Tel & Tel—

99

110
99

Market Street El Pass Ry—
See Phila Rapid Transit
Market St Ry (San Francisco)

85

Mass Utilities Associates—
S f deb 5s 1949 ser A

„

83 M

_

-A&O

Maysville P Serv 5**s A 1942A&0
Memphis Power & Light Co—1st & ref 5s 1948 ser A
.J&J
1st & ref 4**s 1978 ser O—A&O
Memphis Street Ry—
3-5s series A1945——,
A&O
3-5s series B1945
—Aim April /
Meridionals Electric Co—
1st s f 7s 1957 ser A
A&O /
.

_

76
65

45
9

„

Metropolitan Edison Co—
1st M 4Ms 1968 ser D—.M&S
1st M 4s 1971 ser E._—M&N
1st mtge 4s ser G 1965
M&N
Metrop Edison Corp 6s '61.M&S
Metro Wat Sewer—See Fgn bds
Metropolitan West Side "L"—. k
1st gold 4s 1938
F&A
Exten

102 M
86

63

1083
1033
1043
91

.

6M

/

J*

J&J

gold 4s 1938

36
35

Mexican El L 1st M g 5s '42.J&J
Mex Lt & Pow 1st 5s *40 s f— F&A
Mexican Utilities 7s 1939—A&O

49

Miami Bridge—

Mar 1952
Michigan Associated Telep Co—
1st M 5s 1961
A&O
Mich Fuel & Lt 6s A1950—J&D
Michigan Gas & Elec Co—
1st & ref 6s 1943..—.——M&S
1st M 5s 1956
J&D
Michigan Public Service Co—
1st g 5s 1947 ser A
A&O
Middle States Telep 6s A '47.J&J
Middle States Util 6s A1951 A&O

50

102
52
93

842*

Middlesex & Boston St

Ry—
ref mtge 5Ms 1942. J&J
_

1st and
Middlesex Elec Lt Pow 5s '55 J&J
Middlesex Water 5Ms 1957-A&O
Middlesex & Somerset Trac—
5s 1950.
J&J
Middle Western Tel 6s 1943-J&J

98

53
90
118

105
79
75

97

25

24%

93

04%

101

101**
100**

MR**
100

(SO too

1st M 4Ms 1967.

-

94 M

94

24

67
26

67

70

65

Minnesota Nor Pr Jt 6s 1944 A&O
Minnesota Power & Light Co—-

99H

J&D

M&N

07%
S6%

M&S

65%

1st & ref 5s 1955
1st & ref 4Ms 1978

Mississippi Power Co—
1st & ref 5s 1955

Mississippi Power & Light—

Leipzig Overland Power—

M&N

loo"

97

Mississippi River Pow 5s '51-J&J
Deb 5s May 1.1947——M&N
Miss Val Pub Ser 1st 5s '54.J&D

99

101
95

93 M

100

75m

69
75
103
102

100 M
99

100M
96

63
45

40

77%
109%
102%
104%

67

78**
110

89

1st & ref 5s ser B 1957——J&J /
1st 4-5s 1956
A&O
Missouri Power & Light—
1st mtge 3%b 1966—
J&D
Missouri Public Service Co—

91"

65
64

Missouri Edison 1st 5Ms '47 J&D
Missouri Gas & Elec 6s A '44 M&S /

67

662*

98"

99?*

65
1st s f 5s 1960
—F&A
Missouri Riv Sioux City Bdge—
t 103?*
1st s f 6s 1953
!M&S
-

Missouri

87

_

J&D

1st M 5s 1957

65?*

Telephone—

100
4 V^s series C 1961
M&S
8
Val Pub Ser 6s '39 J&J /

wrnmmmm

Missouri

100
88

98
83
103

103"

101

viobiie Gas Service Corp—

_

64

A&O

1st 5s 1956-

39
27

1st cum inc 9s ser A *56—A&O /
Income 7s 1956
—A&O /
—

62
91

Mob Lt & RR Cons g 5s '41-M&S
Mohawk

Valley ref os
Debenture 6s 2031

65
68

70
75

67

71

1022*

103 M

103 M

104

115

116 M

100 M
98 M
60

94

loo'

1991 M&N
A&O

91

Wat 5s '56. J&D
Monongahela Light & Pow Co—

87

—-J&D

114

Monmouth Cons

1st M 5s 1949--

Monongahela Valley Water
1st M 5J4s 1950 series A—J&J
Monongahela West Penn Pub Ser
1st & gen mtge 4Hb 1960.A&O
Debenture 6s 1965—
A&O
Mont Cities Gas 7s A1937..M&N

89**

101

....

101**
90

102?*
92 %

99

65

Montana-Dakota Power—
Ext 1st 5V£s-6Hs 1944....J&J

91?*

02%

98

Montana-Dakota Utilities—
Conv deb 4*$s 1946
A&O

67**

70

91

91**

lontana Power—

,

93

1st & ref mtge 3H* 1966—J&D
Montreal Isl Pow 5Hb 1957 M&N

103**

Montreal Lt Ht & Pow Consol—

_J&«
F&A
J&J

/ Price includes accrued interest,

k Last sale,

3%

conv

1st & coll

deb 1939
s f 3*^8 1956
3*fis 1973—-

50**

1st & coll

75

80

Midland Util deb 6s 1938-_M&S /
Milwaukee Elec Ry & Light—
1st & ref 5s 1961 ser B—J&D
1st M 5s 1971
—J&J
Milwaukee Gas Light Co—

M&S
Minneapolis Gas Light Co—•
1st mtge 4s 1950
J&D

65

103

21

M

103 M

96 M
111

Luneburg Pow L & W W(Germ'y)
1st M s f 7s 1948
M&N /

82

52
62

Superior Dist Pow—

45

88
49

20
3
88
60

87

44

85
47 M

20
1J
30

1

_

18
1

88

99

98"

95
103 M

Lower St Lawrence Power—
1st s f 5s ser A 1955
A&O

96

107
98
103 M

lik

43

1

106 M

106

41M

70
66*

/
/
f

Income deb 6s (w-s)

66

Si*

98

96

59

90

100
91

M&N

98

26

86

92

84 M

14

86

1st s f 6 Ms serA 1941
A&O
Gen s f 7s ww 1941
A&O
Manhattan Ry con 4s g '90. _A&0
Cent Hanover Bk ctfe of
2d gold 4s 2013
Manila Elec RR & Ltg Corp—
1st lien & colltr 5s 53....M&S
Manitoba Power Co Ltd—
1st M s f 5Ms "51 ser A—J&J
1st M s f 5Ms 1952 ser B..J&J
Mannheim & Palatinate Elec Cos

_

Keystone Telephone Co—
1st & ref 5Ms 1955 ser A—J&D
1st 1 & ref 6s 1951 ser B_— A&O

Lewiston Gas lit 3 Ms C '56. A&O
Lex (Ky) Ry—See Ky Tr & Term

,

_

1st s f 7s 1940 ser A Q Jan—...
Maryland Light & Power—
1st M 5Ms 1950 ser A...-J&J

80
106

99

25

10

85
82

82 M

24**

44M

72"

91

if f mtge 6 Ms 1946

Manchester Terminal—

Ref & gen 6-4 Ms ser B1966 J&J
Ref & gen 4s series C 1967. J&J

69

Lehigh Power Securities—
Deb g 6s 2026 ser A—..F&A
Lehigh Valley Transit—
1st extend 4s 1945
—J&D
Ref & impt g 5s I960..—J&D
1st extend 5s 1945
-.J&D

107
107
112M

MacLaren-Que Pow 5 Ms Febl'61
5 Ms series B 1964
—M&S

15-year
114M
106 %
100

98 M

62

104
114
28

27

97 M

88

105 M

SO

Lexington (Ky) Tel—
1st M 6s ww 1944
..M&S
Lexington Util 1st 5s 1952..F&A
Lexington Wat ref 5 Ms 1940.F&A
LexingtonWat PowOolst5s'68J&J
Conv deb 5**s 1953
J&J
Lincoln Gas & Elec 5s 1941.-J&D
Lincoln Pub Serv 5s 1939—.J&J
Little Rock Ry & El 6s '38
A&O
Lockhart Power 4Ms 1955..J&D
Lombard Elec Co (Italy)—
1st extl 7s 1952
J&D
Long Beach Gas 1st 5s '56--J&D
Long Island LightingSecured g 6s 19451.
J&J
Conv deb g5**s '52 ser A. A&O
Long Island Water 5**s '55 M&N
Lorain Telep 1st 5s 1958
J&D
Los Ang Pac Co—See Pac El Ry
Los Ang & Pac RR-See Pac El Ry
Los Angeles Railway Corp—
1st & ref s f g5s 1940
J&D
Los Angeles Ry 5s 1938—A&O
Los Ang Trac 1st cons 5s '38. J&D
Louisiana Pow & Light Co—
1st mtge 5s 1957
..J&D
Louisville Gas & Elec Co (Ky)—
1st & ref M 3Ms 1966
M&S
Louisv Ltg 5s '53 unstmpd—A&O
Louisv Ry cons ext 5Ms 1940J&J
2d 4 Ms 1940
M&S
General 5s 1950
......F&A
Lowell Gas Light—
1st mtge 4 Ms ser A 1966.M&S
Lower Austrian Hydro-Elec—
1st s f g 6 Ms 1944
F&A

&

60
55
42
43 %

02**

89

1054————J&J

_

-M&S
—-J&J

.

105
102

66

KingsCoElev—See Bklyn-Queens
Kings Co Gas & HI 1st os 4u A&O
Kings Co Ltg 1st ref 5s 54.-J&J

Gas & Elec—
5s'48 op'13 A&O

lst&ref 6s 1954.
Debenture 7s 1944

Macon Gas 1st mtge4Ms'52. J&D

105

Kewanee(Ill)Pub Ser 6s A 49 J&j
Key West Electric 5s 1956—F&A
Keystone Pub Serv—

Luzerne Co (Pa)
1st ref&imp. g

100 M
100
83
Macon Ry & Light 1st 5s '53-J&J
105
105 M Madison Rys 1st g 5s 1936..M&N /
10
32

31

103"

103
95

1st mtge 3 Ms ser A1966—A&O
Lancaster Co Ry & Lt 5s 1951 J&J
Lawrence (Mass) Gas & Elec—
1st M 4**s 1940 ser B
F&A

64

5

3M

109
1st mtge 4 M» 1965—.-—M&N
67
Kentucky El Pr lstsf 6sl960J&j
Kentucky Fuel Gas Corp—
1st 6Ms 1942 with warr—J&D /
9
Kentucky-Ohio Gas Co—
Ctfs indebt 2s 1958—-—J&D /
30

Lake

60

35 M

35

Bid

Bonds

Ask

.

1st 5s 1951---—
F&A/
Debentures 6s 1948..—F&A j
Laclede Gas Lt 5s 1939——A&O
1st M coll tr 5 Ms *53 ser O F&A

1st & ref g 5s *66 op tax-ex. J&J /
mi
Certificates of deposit
fk 50

A&O /

1st 6s series A 1042—.—.F&A
Kan City Pub Serv 6s A '51—J&j

1st ref 6 Ms

Inland Pow & L s f 6s *36 A.M&S
Coll tr s f 6s 1941 ser B—.M&N
Coll tr 6s 1957 ser C
A&O
Deb s f 7s 1935
J&D
Inland Telep 1st 6s 1948
A&O

6% notes 1932

Jersey Central Pow & Lt Corp-—
1st & ref 5s 1947 ser B.—F&A
1st M 4Ms 1961 ser O..—J&D
Jer City Hob & Pat—See P S Corn
Johnstown Traction 4s Dec 31 62
Cons mtge 3s B Dec 311962...
Joplin W W 1st 5s 1957-—M&S
Kansas City Gas 1st 5s 46—F&A

Kingsh'way B dge 6 Ms 62—A&O
Knoxville Traclst os 1938—A&O
Kokomo Water Works—
1st 5s ser A 1958
—- J&D
Lackawanna & Wyoming Val RK

Secured 5s 1958
J&J
Inland Gas 6Ms 1938
...F&A
Certificates of deposit

Inter borough

Jacksonv (Fla) Gas—
5s stamped 1042...---—-J&D /
Income deb 6s ser A 1952 M&N /
James River Bridge Corp—
1st sink fund 6**s 1958—J&J /
Deb gs 7s 1943--------J&D /
Jamest'n (NY)Telep 5s 1954 J&D

1st M 5s 1978.

20
93

J&D
J&J
Indianapolis Columbus & South¬
ern Traction 1st 6s 1948—F&A
Indianapolis Gas 5s 1952
A&O
Indianapolis Power & Light—
6% conv notes 1940
Indiana Telep 5s A I960-.

1st M 5s 1957

89

91M

75
100
62

Bid

Bonds

Ask

103

96?*

50?*
103?*
07%

85

t Called March 1 at

t Called May

at 105.

0 Basis.

n

Nominal

BONDS

PUBLIC UTILITY

76

NOTICE—All bond prices are "and Interest" except where marked
Quotations for all securities are as near as possible for the closing day of

Bid

Bonds
Montreal Tramways—
1st & ref g 5s 1941 opt—_J&J

1004

M&N
M&N
M&N
ex_M&N
Ref mtge 34s ser B 1967—J&J
N Y Water Service Corp—
1st M 5s 1951 ser A
M&N
N Y & Westchester Lighting—

N Y Steam 6s 1947
1st M 5s 1951
1st M 5s 1956
N Y Tel 1st 44s '39 tax

1014

Gen & ref 5s 1955 series A. A&O

78

B—A&O
Gen & ref s f 4 4s *55 ser O A&O
Gen & ref 5s 1955 ser D.A&O
Morgantown Water 5s 1965—J&J
Mount Hope Bridge 5s 1969-J&D

79

Gen &ref 5s 1955 ser

§6"
1044
71

21

77

79

78

Income 8s Dec

73"

19

15 1969——
Mountain States Power Co—
1st & ref 5s 1938
.J&J
1st M 6s 1938 series B
J&J
2d

1965.M&N
Municipal Gas &E1 Corp of
Recklinghausen 7sl947
J&D
Municipal Serv coll 6s 1956.F&A

80

105
23

1034

84

864
1054

87"

92

92

F&A /

Deb 6s 2022
M&S
Nev Calif Elec 1st 5s 1956—A&O
Deb 6s July 1941
J&J

Amsterdam Gas—See

N

1144
744
92

119

102

".-56-564

1st 4 4s 1961 ser B
Newfoundland Light &
54s 1971
1st s f 44s 1956

574
50

1034

J&D

5s 1952 series A

57

834

M&N

1234
1214

86

.104

Coll tr

M&N
Power—
J&J
J&J

Northern

1254
1224

A&O

113

114

M&S
M&N

1st & ref 4 4s O 1981

44» 1983

114

115
115

114
50

N J Pow & Lt 1st 44s '60—A&O

New Jersey Water

1064

55

Newport & Fall River St Ry—
44s 1954
J&J
Newport Gas Lt 5s A 1961--J&D
Newp News & Hamp Ry G & E—
1st & ref 5s

88

M&N

*50.M&S

994

20

f
/

.

564
41
19

f

/

10

1034
74
94

64
94

534
21

40

Ohio

102

1024
1024
974
884

854
Ohio Elec Pow 1 st M 5s '57.

^82

106

1024

1244
1144
1314
1164

118'
113

674

111

113

1st mtge 4s, 1962

1044
1044

1014

1144

Ohio Valley Gas

9

105

64s 1962

*

994

107

994

1084

994
924

Oklahoma Power & Water

994

1st M 5s 1948

ser

78
76

A

1st 5s series B 1949
Oklahoma Ry 1 st & ref 5s '41.
Income 5s 1990
Apr

io"

80

-

52

1 /

56

29

80
80
29

27

71

93

964

1st extd

94

94

End Trac

Hest Mantua &

57

68

Market
'

<

con

5s '38.J&J

Fairm

54sl939

Street

Elev

1st g gu 4s 1955

Union

28

1064
1124
38
73
72

75
81

154

—

M&N
Pass

52

Ry

M&N

894

Traction—

4s tr ctfs *45.A&O
People's Traction Co—
P P Ry tr ctfs 4s '43.F&A

12

Union Traction 4s 1952.J&J

80

Elec & Peo

53

55

Ontario Transmission Co Ltd—

1st gu g 5s '45 opt bef '16-M&N

44

86
28

5s'50A&0

Philadelphia Rapid Transit—
Coll tr g 5s 1957 opt s f_..F&A
S f guar 5s 1962
M&S
6s gold 1962
M&S
1st m r e 6s 1944
J&J
Darby Media & Ches St Ry
1st 44s 1936—
J&J

18

924

44

1074
1074

J&D

Philadelphia Electric—
1st & ref mtge 3 4sl967--M&S
Philadelphia Elec Power Co—
1st mtge 54s 1972
F&A
Phlla & Garretsford St Ry—
1st 5s 1955
F&A

54"

16

77

44

99

1134

6

1114

44

M&N

Called March 1 at par.
sale,
n Nominal.




1024
1004

1124

Certificates of deposit

Last

loo"

974

New York State Rys—

con

71

70

1st con g 44s '62 op *13..M&N
Certificates of deposit
/

93
105

108

West

Corp—

90

.F&A
..M&S
M&S

80

974

United Trac 5s 1997 ctfs..J&J

Oklahoma Gas & Electric—

40

B'way & 7th Ave 5s 1943. J&D

68

70

So Trac 1st & coll tr g

91

Bleeck St & F F 1st 4s '50.J&J

79

Company—

2d Ave Tr 1st 5s 1934

....

Oklahoma Natural Gas—

N. Y. & Richmond Gas Co—
1st ref M 6s 1951 ser A.-M&N
N Y State El & Gas Corp—

1st

1014

1004
f 40
/ 20

Ohio Term (Cleve) 6s 194
Ohio Val Elec Ry 1st M 5j

125

25

1st mtge 4s 1965
1st M 44s 1980
1st 44b 1960

F

102

984

f 5s '40-J&J

834
964

Duquesne Lt 1st 34s '65. J&D
Duquesne Trac 1st 5s '30.J&J
Pittsb Rys 5s 1953
A&O

Ohio River Bridge & Ferry—

1044
1124

J&J

A&O

Secured gold 5s 1967
J&D
Ardmore Street 5s 1958..A&O

1044

69

111

stpd 1958

M&N

Debenture 4s 1950

105" Philadelphia

1044
1044

1st g 5s Dec. 1 1948
J&D
Pur mon coll tr 4s 1949—F&A
Ed El 111 N Y con g 5s '95 J&J

Adt income 6s Jan 1 1965_.Apr

1004

Co.

Electric

s

85

794
105

_

Cities Water Corp—

1044
1034

1074

84

Pennsylvania Gas & Elec Co—
1st 1 & ref 54s *55 ser A..M&S
1st L &Ry 5s 1958
...M&S
Pennsylvania Gas & Elec Con)—
Deb gold 6s 1976 ser A...M&S
Pennsylvania Pow & Light Co—
1st M 44s 1981
A&O
Pennsylvania State Water Corp—
1st coll trust 4 48 1966—M&N
Penn Telep 1st M 4s 1965..A&O
Penn Water 1st 3 4s A '67.-F&A

115

1064

834

724
Peoples Gas (N J) 1st 5s '68.J&D
50
lsts f 54s I960
J&D
53
Peoples G & Fuel 6 4s ww'37 A&O /
144
904 People's G L & Coke, Chicago
1st cons g 6s 1943
A&O
Sept 23
117
Refunding gold 5s 1947..M&S
110
1st & ref 4s 1981 ser B
J&J
874
1st & ref mtge 4s ser D '61 J&D
914
Mutual Fuel Gas g 5s' 47 M&N
100
1124
Peoples Light & Power Corp—
1st lien 54s 1941
55
J&J
79
Conv deb 5s 1979
J&J
94
3-6s 1961
554
Peoples Telep (Butler, Pa)—
4s 1960
J&D
1054
97
!014 Peoples Tract—See Phlla R T
95
Peoples Water Service (Md)—
1st lien 6s A 1949 w w
F&A
72
74 4 Peoria Water Works Co—
104
1st consol 4s 1948
M&N
984
Prior lien 5s 1948..
M&N
1024
1034
98
1st con 5s 1948
M&N
984
1st & ref 5s 1950
F&A
90
1004

62
60

1st 1 & ref 3 Mb ser D 1965. A&O
1st lien & re* 3 Mb ser E'66 A&O
N Y Gas Elec LH&P Co—

Prior lien 6s

Pennsylvania

Ohio Public Service Co—

NY&Westch Ltg 4s 2004.-J&J
Deb g 5s 1954 op guar..J&J
N Y Power & Light Corp—
1st mtge 44s 1967
_.A&0
N Y & Queens Elec Lt & Pow—
1st & cons M 34s 1965--M&N
New York Rys Corp—

32

90

1st ref 4 4s 1968 ser B.. .M&S
ser A '67.F&A

70

1044

NY G E L H & P—

-

102

...F&A

5jis 1960

Edison Co—
Deb g 6s 1950 ser A ex-w.M&N
Deb 5 4s 1959 ser B
F&A
Penn Pub S 1st 6s ser C '47.M&N

22

42

90

Gas—See

1948--J&J

coll

1st & ref 4s 1971 ser F
1st & ref 5s ser H 1962

.21

k 107

95

NY & ER Gas 1st g 5s '44. J&J
Con 5s 1945
..J&J

85

1184

M&N

Penn Water & Pow

Ocean City Coastal Highw B"dge
_J&

New York Edison Co—

New Amster Gas 5s

1979

1st & ref 5s series D 1954 .J&D

1004

73

J&J
River

994

100

77

N

100

1004

102

5s 1952
Y
&
East

5s

Penn-Ohio

994
984

101

1st

65

1044
1044

Penn Wat Serv 5s

89

1st 5s series B 1951
N Y Cent Elec 1st 54s

1054

14

Penn-Jersey Water—
1st

93

83

J&J

Penn Central Light & Power Co—
1st & ref 4 4s 1977——M&N

101

92

98

115

_

70

100

5s Nov 1 1938

1094
1064
1024

80

1294

984

M&N

a

1024
1134
1044

117

76

120

Newp News & Old Pt Ry & El
1st.

1964

1st

1284

NY PA NJ Utilities-

92

Newport Water 5s 1953
M&N
New Rochelle Wat 54s '51-M&N

106

1st extended 64s 1950..M&N
Non-cum inc deb 6s 1950.M&N

90

874

101

1154
1094

Pecos Valley Gasext64s '44M&N
Pecos Valley Power & Light Co

75

1034
1034

J&J

1944

56

....

954
964

104

67

54
83

Paterson Ry—See Pub Serv Corp

65

93"

904
864

544
38

108"

.944
944

New

1st & ref 5s 1955series B..J&D
5s stamped 1942.
J&J
Inc 6s Nov 1949 ser A—J&D /

5s

36

344

Northwestern Utilities, Ltd—

91

M&S /

consol gold 5s 1949
M&S
Paterson & State Line Traction

85

Light & Power—

Certificates of deposit
Northwestern Pub Serv Co—
1st M 5s ser A 1957
J
N'western Teles 1 st 4 4s '44-J

94

1950

Ref mtge 3 4s ser O 1966.J&D
Parr Shoals Pow 5s 1952
A&O
Paterson & Passaic Gas & Elec

107

—M&N

102

Orleans Pontchartrain Bdge
1st s f 7s 1946
-M&S /
New Orleans Pub Service Co—
1st & ref 5sl952 series A..A&O

6s

Teleph & Telegraph—
Refmtgle34sserB 1966.-A&O

1054

101

6s series B 1950
F&
Northwestern Power Co Ltd—

884

deb

101
1024

Pub Serv—

Northwest

Pacific Power & Light Co—
1st
M s 1955
F&A

84

f g 68 1940 opt—J&J
Utilities Co—

Northwestern

1064

1st & ref M 34s ser H '61-J&D
1st & ref M 34s ser 11966.J&D
Pac L & P Co 1st 5s 1942...J&J
Pac Ltg Corp deb 44s 1945.A&0
Conv

37

'20—A&O 11074

103

1st mtge 5s 1958
-.J&J
New Orleans City & Lake—
1st g f 5s 1943
J&.1
New Orleans City RR 5s'43 J&J

94

1044

1st mtge 5s 1941 opt
M&S f
Union El (Loop) 5s g'45__A&0 /

99

914

4

24

Northwest Louisiana Gas—
1st M 64s 1936 with warr.J&E /
8
Northwestern Electric—
1st 6s stamped 1945
1034
M&N
arthwestern Elevated (Chic)—

Co—

1st mtge 5s 1950
F&A
New Mex Gas conv 5s 1951 M&N
New .vlexico Power—

s

100

Pacific

1st lien 4-6s 1968

1004

N J & Hud Riv Ry & Ferry—
1st gold 4s 1950
M&8

1054

101

S f reg income 3-6 4s May 1 '69 /
N'west Cities Gas 6s 1949—J&j /

1024
984

New

Haven Water—
1st & ref 4 4s B 1970

794

99

1004
524

M&S

Los Angeles Pacific RR—
1st & ref mtge 5s 1943.M&S
Pacific Gas & Electric Co—
1st & ref M 6s 1941 ser B.J&D
1st & ref M 4s ser G 1964--J&D

Pacific

Northern N Y Utilit ies Inc—
1st lien & ref 7s 1946 A
M&N
1st lien & ref 6s 1947 B—.M&N
Northern Okla Gas 1st 5s '46-J&J
Northern Penna Power Co—
1st & ref 5s 1956 ser A
J&D
1st & ref 5s 1962
A&O
Northern States Power Co—
1st & ref M 34s 1967—-F&A
Northern Texas Elec Co—

564

45

824
844

48--M&N /

1st & ref M 44s 1970 ser E .T&D
Nor Indiana Telep 4 4s '55.M&N

——

1014

J&D

Deb 54s 1954

1st

1194

56

45

105

54s ctfs of deposit 1961...T&J
N'eastern Wat & El 6s 54
F&A
North lnd Gas & El 6s '52.-M&N
Northern lnd Pub Serv—
1st & ref 5s 1966 ser O
M&N
1st & ref 5s 1969 ser D
M&S

95

119

New Brunswick (NJ) Lt H & Pow
4s Dec 15 1939
J&D

100

Northeastern Public Service—

754
*

G E LH&P

Newark Cons Gas con 5s '48-J&D
Newark Gas 6s Apr 1 1944—Q-J

New England Power—
3 4* series A 1961
New England Tel & Tel—

104

1044

35

North Shore Gas Co of Illinois—
Joint 1st mtge 4s ser A '42. J&J

Y

Newcastle (City of) W 5s '41 J&D
New England G & B Association
Deb g 5s 1947
M&S
Conv deb 5s 1948
J&D
Conv deb 5s 1950
M&N
Convertible deb 5s 1962
J&J
New Engl Tow Assn 5s 1948. A&O

Refunding 5s 1961

78

1st M & lien 54s 1957—M&N
North Shore Electric Co—

1084

1064

1004

Los Angeles Pacific Co—
1st ref g 4s 1950 opt *15.-J&J

1004
1034
994

(Hoboken, N J) 5s 1938-A&O

op

1054

103

1024

354

5s '40

106

A&O

A. A&O

lstsf 5s 1952
M&S
Pacific Coast Power 5s 1940-M&S
Pacific Elec Ry g 5s 1942
J&J

61

92

1st & ref g

105

ser

Ozark Power & Water Co—

65

North Penn Gas Co—

31

84

Otter Tail Power Co (Minn)—
1st mtge 4s 1961
J&J

8*

1st coll & ref 54s '48 ser A. J&J
North Hudson Lt H & P Co—
69

81

1004

Ottawa Valley Power Co—
1st M s f 54s 1970

106

1074

Gas 5 4s 1955 A&O
North Continent Utilities Corp—

76"

48

*994
984

Ottawa El Ry 44s '48-'55_J&J
Ottawa L H & Power—

844

1054

North Central

444

Certificates of deposit
/ 444
Nat Toll Bridge 6s stmp '39. J&J /
29
Nebraska Tow 1st 44s 1981-J&D
108

New

North Carolina Gas 6s

834

Corp—
1978

1st M 5s 1957 ser A
J&D
Oslo Gas & El Works (Norway)—
Extl sink fund 5s 1963
M&S

Ref & coll tr 5s 1957

54s 1956
J&J
North Boston Ltg Properties
3 4s secured notes 1947
A&O

5

A*

Debenture gold 5s

106

84

8 f deb

94

Nat Elec Pow Co deb 5s 1978 J&J '
Nat Gas & El Corp 5s 1953.F&A
90
5s series B 1947
J&D
Nat Lt Heat & Pow 7s 1938.M&S
100
82
Nat Lt & Pow 68 1949
M&N
Nat Pow & L deb 6s 2026 A. F&A
744
Deb 5s 2030 ser B
M&N
684
Public Service

1054
1054
1064

1054

Orange & Pas Val R—See PS Corp
Oregon Elec Ry 5s '33 opt—M&N f
Oregon-Washington Water Serv—

.

103

Bid

Bonds

106

1st mtge 64s 1953
J&J
Norf & Ports Bdge 64s '47..F&A
North American Co.—
Deb 5s 1961
F&A
North American Edison Co—
Conv deb 6s 1957 ser A.-M&S
Deb 54s 1963 ser B—F&A15
Deb 5s Nov 15 '69 ser C M&N15
Nor Amer Gas & El 6s 1949..J&J
North Amer Light & Power Co—

Mut Fuel Gas-See Peoples GL&C
Mutual Un Tel—See West Un Tel

Nat

107

Nippon Elec Pow Ltd (Japan)—

21

61

Narrangansett Elec Co—
1st mtge 3 4s 1966
J&J
Nashville Gas & Heating Co—
5s 1937 (not guar)
M&N
Nashville Railway & Light—
Cons g 5s 1953 opt 1908—J&J
Ref & ext gold 5s 1958
J&J
Nassau El RR—See Bklyn Queens
Nassau & Suff Ltge 5a 1945—F&A

Ask

104

See N Y Gas Elec Lt & Pow
Niagara Falls Power—
1st & ref 34s 1966
M&S
Niagara Lockport & Ont Power—
1st & ref 5s 1955 ser A
A&O

_

Muncie Wat Works 5s

Bid

1054
1044

Bonds

Ask

"f" and Income and defaulted bonds
the month preceding the date of issue

t Called April

1

at

1074.

t Called

March

15^at 103.
v

b Basis.

/ This price includes accrued interest.

March, 1938]
Quotations for all securities

Bid

Bonds
Hhlla

Suburban

30

1960-J&J
(Italy)—
1st &ref h f 6Ks 1960 ser A A&O
Pinellas Wat Co 5%s 1959-M&8
Pitts Canonsburg & Wash 5s 1937
Pittsburgh Ttys—See Phila Co
Pittsburgh Suburban Water 8erv

107 %

"7

1st

6s 1954

Phila & Western

Ry 5s

liid

Bonds

Ask

106 K

J&J
J&J

1954

M&S

1st 1 & ref 5s 1958—

/

Pittsburgh Trac 1st 5s 1927-A&O
Plainfield Gas & El 5s 1940--A&O
Plain field St Ky 6s 1942
J&J
Plalnfleld-Un Wat 5s A '61-M&M
Platte Valley Telep
Pomerania Tllec 6s

6s 1947-J&J
1953—M&N

Gen M 4Kb May
1st s f 4s Oct 1945

94%

.

19%

Henry L 11 & P 1st 5s '40-F&A

13

23

101

Portland Elec Pow 6s 1950-M&S
Portland (Ore) Gas & Coke—
1st & ref k 5s '40 opt '20--J&J
1st I'n & gen 4 Ks 1940
J&J

103

Pt

Portland Gas Co 1st 6s 1951-F&A
Portland (Me) Gas L 5s A'50 A&O
Portland General Elec Co—
1st & ref 4Kb I960
M&S

ft*
104

53 K

56"
83

1950-M&N

105 K

53 %

103
69

94

Edison Co—
1st mtge 5s 1956 ser E
1st M 4Kb 1961 series F

101

14K

Potomac

M&N

84 K

10d%

107

110

A&O

107K

108%

J&J

104%

105%

Corp or Canada Ltd—
Oonv deb 4%s 1059 Ser B-M&S
Conv deb 5s ser A 1957J&D

101
103 K

102

Potomac El Pow—
1st

mtge

3 Kb

1966

Power

Power Secur coll tr 6s

'49

J&D

l»rovtdence Gas 4s ser B 1963 F&A
Provincial L H & P 5s '40.M&S
Prussian Elec 6s 1954--F&A
Public Gas &Coke 5s 1952—J&D
Public Service Co. of Colorado—
1st & ref 6s 1953 series A-M&S
1st & ref 5%s '54 ser

B—M&S

1st & ref 6s ser O 1961—M&N
Deb 6s
1946
M&N
Pub Ser of Indiana 6s 1952-F&A

100
107
105

105
Nov. 3

108

20%

22"

29

30 K

103 K
102 K
104 K
100

Public Service (\>rp of N J—
Trust certs 6% perpet—M&N

Camden

Sub

5s

1st

1940.J&J

Consolidated Traction—
Extended 5s 1938
—J&D

86

104 K
104 K
100 K

106 K

106K

132 K

135K

ioih

1st

M

5%s

1948

conv

6s

1938

M&S
M&S /
A&O

1st coll 4-5Kb 1948Puerto Rico El Pow 4s to *56.J&J

Puget Sound Navlg 6s 1938.M&N
Puget Sound Power & Light—
1st & ref 5Ks 1949
-J&D
1st & ref 5s 1950 ser O
M&N
1st & ref 4Kb 1950 ser D-J&D
Puget Sound Tel 5s A 1952.J&J
Quebec Power—
1st & coll 4s1962

M&S

X&N

-

113

104

105%
103%
104 K
103 K
105K

103K
103 K
103 K
105
100 K
101

60

Savannah Elec & Power Co—
1st & ref 4s 1947 ser D
Jan
-QLM &S
1st & ref M 5s ser F 1955
Savannah Elec Co 5s g '52-J&J

A&O

131
104 K

101K

112
■■v/;'

8

100 K

109"

75

Seneea Power Corp 6s 1946.M&S

Shawinlgan Water & Power Co

75

55'

14

16K

74

56 K

60 %

85"

99 K

100
101

66
87

82

58 K

32
32

30K

104K

74
70

67
101
94 K

—

75

79

Serial deb 5s 1942-46
Sioux City (la) Serv 6sl951.J&J
Somerset Lighting 5s 1939--F&A

4s Dec 1, 1943

J&D

South Bay Consol Water—
1st ref 5s 1950
M&N

South Carolina Power Co—
1st lien & ref 5s 1957
J&J
South Jor G E & T—See Pub Serv
South Pittsburgh Water Co—
1st Hen & ref 5s 1960 ser A. J&J
1st lien & ref 5s 1960 ser B. J&J
1st M 5s 1955
F&A
So Texas Gas 6Ks 1938 A—M&S
Southeastern Gas & Water Co—
1st lien 6s 1944
J&D
1st Hen 6s x-w 1941
J&D
S'eastern Indiana Pow 6s '43 M&N
S'eastern P & L deb 6s 2025-M&S
Southern Bell Telep & Teleg—

Debenture 3%s 1940
M&S
Debenture 3%s 1945
M&S
Ref mtge 3 Ks May 1 1960-J&J
Ref mtge 3 Ks ser B 1960. J&J
-

118%
108 H

109K

105"
99 K

40
22

44

22

Southern California Gas Co—
1st & ref 4Ks 1961
M&S
1st M & ref 48 Aug 1 '65. F&A
Southern Calif Water—
1st M 4 Ks 1960
Southern Canada Power—

102

4Ks 1962

33

65
118

ll9~"

105%

105%

53%

54%

11*

F&A
J&D

52%

J&J

'.'88

— _

55
55
54
55
55

52

47

48%
48%

ser

B

47
47

21%
21

A&O

101%
105 K

M&S
——M&S
'43-M&S
Syracuse Gas g 5s 1946
J&J
Syracuse Lighting 5s g 1951-J&D
Syrac Rap Tr 1st g 5s 1940-M&S
2nd mortgage 5s 1930
J&J
Taiwan El Pow s f 5%s 1971 J&J
Tampa (Fla) Gas 5%s '56—A&O
1st 4 Ks 1968
1st M 4Ks 1970

105%
97

Sutter Butte Canal 6Ks

5s

116

121K
14

3

55 K
83

78

A&O

1961

Telephone Service (Ohio)—
5s 1953
-M&N

20

97

99

96

98

106
68 K

69%

70K
Corp.

72%

105

103
100

39
65

63
90

92

85 K

85%

103 K

104

109 K
103 K
106 K

110

1st 2-6s 1951
Texas Hydro Elec Corp—
1st mtge 6s ser A 1956

107"

106
106

108 K

A&O

90

77

82

65

75

79
71
73

106%

109%

76

76 K

79

59%

60%

102K

104 K

103
101

lOl"

103"

88

/
/

6

/

2%
2%

/

87%
26

M&S

A&O

Texas Pow Corp 6s 1950—M&S
General 6%s 1956
M&S
Texas Power & Light—
Deb g 6s 2022 ser A
J&J
1st & ref 5s 1956
M&N
Texas Pub Serv 1st 5s (w-s) 1961 Texas Traction Co 5s 1937--J&J /

106 K

107 K
108 K

99

—

103

36

Temescal Water 1st 5s A '60 M&N
Tennessee Eastern Elec Co—
1st M 5s 1943
F&A
Ref s f 6s series A 1955
M&N
Tennessee Electric Power—
1st & ref 6s 1947 ser A—J&D
1st & ref 5s 1956
—J&D
Tenn Pow gu 5s 1962 opt--M&N
Tennessee PubUc Service—
1st & ref 5s 1970—
—A&O
Ternl Hydro Elec 6%s 1953-F&A
Terre Haute Traction & Light—
1st con M g 5s 1944
M&N
Terre Haute W W Corp—
1st M 6s 1949 ser A
J&D
1st M 5s 1956 ser B
F&A
Terre H'te & West Ry 5s '37 M&N
Texarkana Wat 1st 5s '58—F&A
Texas Cities Gas 1st 5s '48--M&N
Texas Consumers Water—
1st 6s A 1939
—A&O
Texas Elec Ry 5s 1947
J&J
Tex Trac 1st 5s 1937 opt.-J&J
Texas Electric Service Co—
1st mtge 5s 1960
.-J&J
Texas Gas Util 6s 1945.
A&O

60

70

_

102 K

A&O

58K
68

J&D

Deb 5s 1958

-

102 K

f

3 Ks debentures 1962
A&O
Southern OaUfornia Edison—
1st & ref mtge 4s 1960
M&S

97 K

92

104

51

1st

21
105

_

g

32

106

Telephone Bond & Share Co—
!

Silesia Elec Corp s f 6%s'46
Sioux City Gas & Elec Co—

Mtge

102%

-

Somerset Un & Middlessex Ltg—

99"

90

105%

Super-Power Co. of 111—
104%
104%
105%

IIS
97

50%

59"

104%
104%

Stewart Mt Pr—See Salt Riv Vail
Suburban Lt & Pow 6s 1938- F&A

30

102%
96

49

F&A
J&D

Ry 1st 5s 1951

106

104 H
104 %

/

71

100%

104
52

A&O

1935

1st Hen 6s 1948

j 101
I

100

J&J

Standard Telephone Co—
1 st 1 colltr 5%s '43 ser A.M&N
Oonv deb 6s 1938
M&N
Stettin Pub Util 7s 1946
a&O
Steubenvllle Wellsburg & Weirton

100

104 K

1st & ref 5s 1960 ser A
1st 5Ks ser B 1957

68

g notes

1st Hen 6s series A 1948

'

54 K

5s 1949—
/
Second Ave Trac—SeePilila"Co—

98

98%

F&A
Standard Public Service Corp—

74

104

69

M&S

A

ser

Standard Power & L Corp—
Deb g 6s 1957

Slerra Pacific Power Co—

64 K

f 6s 1945

conv notes 1935
Certificates of deposit

100

Shinyetsu Elec Pow (Japan)-

98

s

Certificates of deposit
Debenture 6s 1951
Debenture 6s 1966.

85

99

M&S

1944

5s

103

63
59 K

6%

"9"

7

50

A&O

W*
97

Standard Gas & Elec of Delware

70

-M&N /

99%

Southwestern States Telep Co—
1st M 6s 1948
M&S
Spokane Falls & Nor 6s 1939. J&J
Spokane Gas & Fuel 5s 1944-F&A
Spg Br'k Wat 1st ref 5s '65.-A&O
Spring Val Util ref 6s 1943..J&D
Springfield City Water—
1st mtge 4s ser A 1950
A&O
Springfield (Mo) Gas & Elec Co—
1st mtge 5s 1957 ser A
J&D
Springfield (Mass) St Ry—
Ref & gen 6s 1940
M&S
Springfield Terminal Ry 7s 1942
Stamford Water 1st 5s 1952.-J&J
Stand Elec (Calif) 1 st 5s '39.M&S

2

72 K
72 K

Seattle-Everett Traction—
1st M g 5s 1939 opt 1914.-M&S

1 st

103%

69V

61"

72

A&O /
J&D f

B1959

102%

89

Southwestern Public Service Co—

21X

20 K
K

98 K

A 5s'59.A&0
A&O

3sApr 1 1959

108%

Deb g 6s 2022 series A

65

Valley Gas Co—
mtge 5s 1950
A&O

Gen 3%s series H 1967—M&S
Rochester & Lake Ontario
Water 5sl938
M&S

ser

88%

•

103 K

99 K

Schenectady Ry 1st 5s Mar 1, '46 /
Scioto Val Ry & Pr 1st 6s *43-J&D /

13

108%

1st M

5

50
50

49
7

Southwestern Power & Light—

103 K
108
105

r

100

Rochester Central Power Corp—
Deb g 5s 1953
M&S
Rochester Gas & Elec Corp—
Gen mtge 4Kb 1977ser D.M&S
5s series E 1962.-.
M&S
Gen 3 Kb series G 1966
M&S

110K

110K

J&J f

76

49"

Southwestern Gas & Elec Co—
1st 4s series D 1960
M&N
Ser deb 4s A 1938-1945—M&N
Southwestern Light & Pow Co—
1st M 5s 1957 ser A
F&A
1st M 5s 1957 ser B
F&A

104K

106

A&O

Savannah & AtlantaRy—
1st cons 6sMay 1 1935

74

Southwestern Assoc Telep Co—
1st M 5s 1961
A&O

100 K

33
59

80

Southwestern Bell Telep—
1st & ref M 3%s ser B '64. J&D

98K
59

90

Roch Ry cons 5s g 1930
2d 58 g 1933 ctfs of dep

Sauda Falls Co Ltd—
1st r f 58 1 955 ser A

43

J&J

Roanoke G-L 5%s 1951 —-F&A
Roanoke Ry & El 5s 1953—F&A
Roanoke W W 5s 1950
—J&J

104

103 K

101K
101K

38

86

Southwest Telep 6s B 1947-M&S
1st 6s series u 1947
J&D
Conv deb ser A 1932
J&D

129

1st mtge 3%s ser A 1961— J&D
Tel 3 Ks ser C'66 J&J

Seattle Gas 1st 5s 1954
Seattle Lighting Co—

Rio Grande
1st

San Joaquin Lt & Power Corp—
Unif & ref 6s 1952 ser B-M&S

Income

112%

Queensboro Gas & El 5s '52-J&J
117
Conv g deb 5Ks '52 ser A.A&O
111"
Quincy El Lt & Pow 5s A'47 M&S
Rapid Transit St Ry 8s 1941. A&O
104
98
Republic Nat Gas 1st 6s 1954J&J
Republic Service Corp—
1st coll trust 58 1951
J&D
57
Rhine-Ruhr Wat Serv Union—
Extldeb 6s 1953
J&J / 24
Rhine-Westphalla El Pr (Germ'y)
29
Mtge g 7s 1950M&N
Direct mtge 6s 1952.30
M&N
Con mtge 6s 1953
F&A
W*
Cons 6s 1955
A&O
30
7s extended 1941
F&A
26
Richmond (Ind) W W Cor
1st M 5s 1957
Richmond (S I) Lt & RR
1st coll tr g 4s 1952

San Francisco Bay Toll Bridge—_
1st M sink fund 6%s '67-M&N /
Deb s f 7s 1942—
M&N /

4s series

-

,

52

Power Co—

111K

Hr H o oOJCOr-l

Scranton Trans

-

98%

124"

65

Southwest Gas Co (Okla)—
1st s f 6s 1954
M&N
9'west Pub Serv 6%s 1937—M&P

98

111
Gen gold 5s 1944
—M&S
110
Salmon RivPowguSs 1952 F&A
Salt River Val Water Users Assn
6s 1939-1943
F&A
103
Refunding 6s 1956
M&N 1103 K
Stewart Mt Pow 5Ks '57.A&0
102 K
San Angelo Telep 1st os 1958 F&A
102
San Antonio G & E 5s 1949-M&S
103
San Antonio Public Service—
1st ref 6s 1952 series A
J&J
1st & ref 5s 1958 ser B
J&J
San Antonio Tr 1st 5s '49.-M&S
San Diego Consol Gas & Elec—
1st mtge 4sMay 1 1965.-M&N
110
San Diego Co Wat 6s A '62.M&S
104K
San Diego Water Supply Co—
1st m s f 5s 1955
M&N
102 K

..M&S
Scranton-Spg Brook Water Serv—
1st & ref 6s 1967 ser A
..F&A

98

Secured

96 K

28

1st M 5Ks May 1, I960—M&S
Southside Va Pow 5s 1956-F&A

1st 4Ks 1958

78

_

30
30

82

_

Scranton Gas & Water Co—

66

118

28

St Louis Springf & Peoria RR—
1st & rer gu g 5s '39 opt--J&D

1st & ref 5s series B1961-F&A

T*ublic Service Co of Nor 111—
1st & ref g os 1950 op '21—A&O
1st & ref 5s 1966 series C-M&N
1st & ref 4 Kb 1978 ser D.M&N
1st & ref 4Kb 1980 ser E-J&J
1st & ref 4Kb 1981 ser F.A&O
l«t 1 & ref M 4% ser T '60-J&J
Public Service Co or Oklahorsa—
1st mtge 4s ser A I960
F&A
Serial debs4s Feb 1 1946__F&A
P Servof Penn 1st 5KsA'53_J&D
Public Utilities Consol Corp

"

Southern Utah

Sayre (Pa) Elec 5s 1947.
....

95

So Jersey Gas El & Trac—
Guar g 5s \1arch1.1953.M&S

101

99 K

Ry debenture 4Ks 1943—J&D

102

Paterson Ry—
2d 6s *14 oxt 5% to '44.A&0

64

104 K

101

97 K

J&D

^

77

62

!1>*
68

1st Hen 6s 1937 with warr.A&O
Certificates of deposit
Non-cum 6s (ws) 1951

104K
100 K

Sandwich Windsor & Amherstb'g

102
99 K

95K

74
49

s

79

Soutnern United Gas Co—
a

Santa Barb

88

——

f 6s 1942—.A&O

10-year coll

■:

San Jose Water Works

Orange & Passaic Valley—
1st 5s 1938

101K

112

106%
.''V;

122

105"

105

Eliz Plainf & Cent

Jersey Ry—
1st g 5s Dec 1, 1950---J&J
Eliz & Raritan Riv 5s '54-M&N
Elizabeth & Trent 5s '62-A&O
J O Hob & Pat 4s 1919...M&N

100
102 K
104 K

103 K
101K

100

Southern Natural Gas Corp—
A
Adj mtge inc Jan 1 6s '60-A&O
1st M pipeline s f 4K« '51 A&O
Southern Neb Pow 5 Ks B'47 J&J
South N E Telep 1st 5s 1948-J&D

Joseph Water 4s A 1966--A&O

104 K
103 K

Public Service Co of N H—
1st mtge 3%s ser O 1960—F&A
1st mtge 3%s ser D '60—M&N
1st 3 Hs series E 1961——F&A
1st 3%s series F1966
J&D

110

101K

105K

Southern Gas Utilities, Inc—
1st M s f 6Ks 1939 ser A-M&S

St Louis Co Gas 1st 5s 1951-A&O

96

Rys Ltd 5s 1962M&N
Porto Rico Telep 6s 1944
J&D
Postal Teleg & Cable 5s '53-J&J

Porto Rican Power 6s

100"

109 K
98 K

34%
96

Southern Trac—See Phila Co
Southern Union Gas—
1 st & ref 5 Ks series 1 1945 A&O
1st & refine 5Ks ser 11*45 A&O

103

98K

33%
94

(Calif)—
-M&N

1st M 4Kb 1968

St Paul Gas Light—

Portland (Me) RR 3%s 1951-J&J
1st 1 & con m 58 1945
M&N
Porto Rican

A&O
Safe Harbor Water Pow Corp—
1st mtge s f 4Kb 1979
J&D
Saguenay Elec 5Ks A 1953-J&J
Saguenay Power 4 Kb A 1966 A&O
1st 4Kb series B 1966-—A&O
Serial notes 2K-4s to'46-_ J&D
St Clair County (III) Gas & El—
1st cons guar 5s 1959
M&S
St Joseph Ry, Lt Heat & Power—
1st & ref 58 1946
J&J
1st mtge 4Ks 1947
;—J&D
3-4 Ks serial notes 1939-43 - J&J
St

57
55
97 K

J&J

1st M 5s exten to 1950

16"

1948-— M&N

1st Hen & coll 5s 1958
A&O
Southern Colorado Power Co—
1st g 6s 1947 series A.
J&J

Southern Counties Gas

40"

27

Rumford Falls Pow—

62

35

101
75
105
90
106
99

104"

105

9

Ask

Southern Cities Utilities Co—

102

M&N

1st M 5s 1938

52 K

Piedmont Hydro-El Co

Bid

Bonds

Axk

Rochester & Syracuse RR—„
5
1st M conv 5s ctfs 1957-M&N f
102
Rockford Elec Co 1st 5s '39J ~ "
Rockland Light & Pow—

38

57 K

77

BONDS

interest" except where marked "f" and income and defaulted bonds
possible for the closing day of the month preceding the date of issue

are as near as

Water Co—

1st * f 4s 1065
M&S
Phila & West Chester Traction—

1st 4s

UTILITY

PUBLIC

NOTICE—All bond prices are "and

"3%
3%
89

26

27
27 K

69

72

83 K

72"
92
98

7!H

96 K

98 K
73 K

106

K

93%

K
!

a

Called July

1 at 102.




t Called March 21 at 103.

b Basis.

/This price includes accrued

Interest,

k Last sale,

n

Nominal,

r Canadian

price.

PUBLIC UTILITY BONDS

78

NOTICE—All bond prices are "and interest" except where marked "f" and Income and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue

Bid

Bonds
Third Avenue By (New York)—
1st ref g 4s 1960 opt aft 14 J&J
,
AdJ inc g 6s Jan I960 opt.-A&O f
Third Ave RR 1st 6sgr37—J&J /

29%
7%
7234

85

40
41

1st ref 5s 1939 op
1st & gen 5s 1960

64
107

48""

100
52

55
45
10
101

....

2

If

n

10434

105 %
94

mmmm

72%

100

lst mtge & coll tr 3%s 1962 Ja
3% notes. 1942
J<S
Union Elev RR—See N W Elev
Union Gas & El 1st ext 5s '40M&S
Union Gas Co. of Canada—
1st serial 3 %s 1937-38
J&D
1st serial 4s 1939-42
J&D
1st serial 4 Kb 1943-45-—-J&D
1st 4Kb 1950
J&D
Union Gas System—
1st M & coll s f 5s 1948— -J&D
Union Passenger Railway—
1st 4s Mar 31 1961
A&O
2d ext 4s Mar 31 1960
A&O
Union Pub Serv (Del) 6s '39-J&D

107 %
102%
85
97
97
97
100
60

10734
102%
89

10034
62

45"

94

96

Union Water Wks Co—
1st lien 5Kb 1942
M&S 15 / 15
Unit Elec Co of N J 4s *49—J&D
114%
United Elec Rys (Providence)—
Gen ref M 5s Jan 1951 ser A—
94%
90
Gen ref M 4s Jan 1951 ser B—
United Elec Serv (Italy)—
Extl 1st s f 7s 1956 ser A-.J&D
5634
United Gas & Fuel (Hamilton)—
102
1st s f 5Kb 1948J&J
United Ilium Co New Haven—
1st 4s Feb 1 1940
F&A
10534
United Light & Power Co—__

6234

J&J

Un Lt Rys(Del) deb 5)48.52
United Public Service Co—

If

F&A

62

106

70
100

6334

72%

—

75%

72

73

/

28

34

/

16

/
/

Coll

s

f 5%s ser B

67
67
85

1952—M*

United Telep Del 6s A 1948 Ai
United Tel & Tel 5%s A '53-M*
1st lien 6s ser B 1953——M<!
United Traction (Albany)—
Con g 434s
Unit Trac (U
(Pgh)—See Phlla Co

25
24

96

r.

.....

-

-

>/

2

26%
26

6734
67%

98"
101
.—

21%
8234

8334

Utah Power & Light Co—

68
84
78
Utica Belt Line Street Ry—
1st 5s 1939
M&.
Utica El L & P 1st 5s 1950—JA
Utica G & El ref & ext 5s '57 J&
Utica & Mohawk Valley Ry—
1st 4Kb 1941
M&
Utilities Power & Light Corp—
-

/

8
116
121

70

It*
11

124"

;

2%

3%

J

50%

/

—

50%

50%
50%

.

/
/
/

6%
25
2134
109%

90
a

1st

•

M

No par value,




83%
109 %

a

75

Westchester Serv Corp 6s '48 A&O
4s 1948-1953
-A&O
Western Cont Util 6s 1944—M&S
Western Lt & Telep 5s 1954. A&O
Western Mass Cos—
coup notes

J&D

1946

Western N Y Utilities 5s '46-J&D
Western N Y Water Co—
1st M 5%s 1950M&N

common.

6% preferred
Amer Wat Wks & Elec
$6 1st preferred

com.

52
13

9834

100%

69%
12%
13634

*

4*

..25
*

9%

*

ii
93

Arizona Edison com
*
Arizona Power $6 preferred—
Arkansas Natural Gas Corp....*

if
3%
3%

Class A non-voting
Preferred

*
.....10
Arkansas Missouri Power—

6

3%
33%

1

—

6% preferred
50
Arkansas Nat Gas common-....*
Class A
—.....*
Arkansas Pow & Lt $7 pref.....*
6% preferred
..*
Associated Gas & Elec com ....1
Common class A
1
Original preferred
.....*

§4 preferred.......
$5 preferred

*
•;s
4%

......*
..,...*

-

56 preferred

■

6%
6%

-

96'

57 1st preferred

W

23
37
38

100

$4 preferred
*

88

91

92

95

Bait Transit Co

Preferred

74

v t c

75

.100
*

109g

*

....

1%
18%

...100

v t c

68

70

72

76

Bangor Hydro Elec com
.25
7% pi ere. red
.100
6% preferred-100
Baton Rouge Elec Oo $6 pf
*

65

Beauharnois Power com
Bell Telephone (Canada)

104 %

105%

'52--J&D

100

102

Westmoreland Wat 5s
s

J&J f

f 6s 1953

125
106
98

*

434
160

Wheeling (W Va) Electric Co—
1st M 5s 1941 opt
M&N
Whit6 Plains Ltg 1st 5s '38—J&J
Wichita Water 6s 1949
M&S
1st M 5s 1956 ser B——F&A
1st M 5s 1960 ser O
—M&N

Wilmington Ky Bridge—
1st 5s 1943
A&O
innipeg Elec 1st 4Kb 1960-J&J
Gen 4-5s series A 1965
J&J
WGen inc 4-5s ser B 1965
J&J
6s 1954
Wise Fuel & Lt 1st 5s 1948".Im&N
Wisconsin Gas & Electric—
1st mtge 334s 1966
A&O

Wisconsin Minn Light & Power
1st & ref 5s 1944 opt *19--M&N
Gen & ref 7s 1947
J&J
1st & ref 8s 1944
M&N
Wisconsin Power & Light—
1st mtge 4s ser A 1966
J&D
4s serial deb June 1 1938-1946Wisconsin Public Service Corp—
1st mtge 4s 1961
J&D
Wolverine Pow adj 4 34s Mar 1 '59
Worcester St Ry 5s A 1947. J&D

Worcester Transit Association—
Cum income 6s 1952— —J&D
Cum income 6s (ws) 1952-J&D

110

stamped 1937

J&D

PUBLIC UTILITY STKS.
Alabama Power 87 pref
*
$6 preferred
*
$5 preferred
*
Alabama Water Service pref
*
Allegheny Traction—See Phila Co
Allentown Beth Gas pref
50

If
If
109%

Preferred—
Amer & Foreign Pow com

$7 preferred$7 second pref series A

§0

cum pref-;
Warrants

6 Basis.

/ Flat price.

11

32%
31%

25

....

*

Brooklyn Edison

"434

—100

Bklyn Manhat Transit
10134

102%

90

103%

104

60

60

45

46

If

120

10%

*

86 preferred series A
Bklyn & Queens Transit com
*
86 preferred
Brooklyn Union Gas
_.*
Buffalo Niagara & East Power—
81.60 prior preferred
25
85 1st pref
♦

30

1%
734
1534
22

9734

Cable & Wireless Ltd—
Amer

102 %
84

10334
85%

10334

104

10534
104%

106%
106%

dep rec 7%% A ord—£1
Amer dep rec B ord
—£1
Amer dep rets 5%% pre'*.—£1
Calif-Oregon Power Co—
6% preferred series of 1927 100
6% preferred
100
Calif Water Serv 6% pref
100
Canada Nor Pow com
Canadian Marconi

*

1

Capital Transit (Wash, DO) 100
Carolina Pow & Light 87 pref —*

110

9334
92

104*

82*
94
45

9934
50
60
20
100

60
70
24

10034

102
116

70
67

86 preferred-

69

*

Cent Arkan Pub Serv Corp pf 100
Central Elec and Tel com
1

6% preferred

105%

—50

Cent Hud G & El com..

*

4%% preferred
100
Cent Illinois Light 4 % % pref-100
Cent 111 Pub Serv 86 pref*
Cent Indiana Gas 634% pref-100
Cent Indiana Power 7% pref 100
Central Maine Pow 86 pref—.100
$7 preferred
—100
Central N Y Power Oorp—
5% preferred
100
Cent Ohio Lt & Pow 6% pf
*
Central Pow & Light 7% pref 100
6% preferred

5634

if

50
43

75

Central States Electric

4%
5234
5234
93%
r

60

18

20

134
834
75

68
86

80c

90c

64%

23

25

12%
10734
10134
50
76

91

3%
9

1634
1%

»

4

24

23

Nominal,

s

Ex-dlvldend.

103
51
80
17

15%
6934

71%
83

84

86

58
78

69%
1%

71

32
95

35
98

pf--*

pf.*

5
Chester Water Serv 6% % pref— *
Chic City & Con com part ctfe__*
Pref partic ctfs
*
Chic Dist Elec Generat 86 pref.*

9%
1934
1%

12%
10834

80

1%

Corp—

Central States Pow & L $7

119

1%
8%
77%

*
..*

Cent Vermont Pub Serv 6%
Central West Oo. v t c.
88

95

82

See Investment Trusts—

56

60

55
77

50c

Central States Edison

70

16c

.*

Cent & S W Util com
Preferred
Prior lien preferred

55%

116

A Last sale.

121%
4934

*
20
*

—

104

100
*
*
*

*

100

100

com

Class B

Light-

-

Ry

Brockton Gas Light Co v t c—25

♦

Amer Dis Tel of N J com

Edison Co

Brazilian Tr Lt & Pow ord_.—-*

101%

See Investment trusts

96""

Boston

104

York Rys 1st M* 5s '37 opt. J&D
5s

112%

Bridgeport Gas Light
Bridgeport Hydraulic Co
Brit Col Pow Corp A

10734
100%

Hydro-Elec Co—

1947
A&O
Wisconsin Michigan Power Co—
1st mtge 334s 1961
J&J

43
53
48
20
100

See Investment Trusts

Boston Elevated

25

.

Wisconsin

117%

-

22%

It

6%

Class A

Atlanta Gas Light 6% pref.
Atlantic City Elec $6 pref

99

'7

..—...*

$6% preferred
I
*
|7 preferred.
*
Option warrants
I
Assoc Telep Co Ltd 81.25 pf—*
Assoc Telep & Teleg $6 pref
*

22

21]

H

134
1134

Appalachian El Pow 7% pref
*
6% preferred
......*

59

8

Called June 1 at 105.

5%

IV*
27

-

1213
1013

56

32

56
55
52
40

23

com

—

M&N

f 6s 1952

s

American Cities Power &

93

Light

......

60

Yadkin River Pow 1st 5s '41 A&O
Yonkers Ry—See Third Ave Ry
York (Pa) Gas 1st 5s 1941 .M&N
York Haven Wat&P 1st 5s'61 J&D

100

54
63
50
38

5s

70

_

88%
83%

Wabash Telephone—
1st M 4Kb A 1956——,
Warren Ohio Telep 6s 1942J
Washington Gas & El Co—

Bridge 3%-6%s. 1960—...J&J
West Va WaterJService—
1st mtge 4s 1961
—A&O
Westchester Elec—See 3d Ave Ry
Westchester Lt 1st g 5s '50—J&D
Gen mtge 334s gtd 1967...J&J

Wyoming Vail P S 6s 1971-A&0

Utilities Public Service Co—

Vermont LtgCorp 1st 5s'44
Vesten Elec Ry 7s 1947
Virginia Electric & Power—
1st & ref M 4s ser A 1955.1
Virginia Public Service Co—

86%

1st M 5s

Unterelbe Power & Light Co-

>/

&

Common

86

Williamsport Water Co
1st M 5s Aug 1952ser A..-F&A

_

•

103%

68

1st M

74%

United Securities Co—
Coll s f 5Hs ser A 1952—Mi

109

Westphalia United El Pr (Germ)
63

tmrnrnm.

United Railways or Havana—
Eq 7 Kb Feb 151936
F<!
United Rys of St Louis—
Gen g 4s July 1 1934
J
City & Sub Pub Serv 5s '34-J

11834
109%
10834
102

62

15-year

United Pub Util Corp—
Convcolltr 5Kb B I960---J
United Rys Cos 4% ctfs '49-J<

12%

..25
25
*
16 preferred*
15 preferred-*
Amer Public Serv pref
...100
American Service $3 preferred- -*
Amer States Utility com
1
Preferred25
Amer Superpower Corp com
*
First 86 preferred*
Preferred $6 series
*
American Telep & Teleg
100
Amer Powei

100
62%
63% Bell Telep of Pa 6% % pref —100
25
6134
62% Beverly Gas & Elec
*
Mut Un 6s ext at 5%to'4lM&N k 106
Sept 25 Birmingham Elec $7 pref
86 preferred.
Western United Gas & Elec Co—
Birmingham Gas 86 pref
106
*
104%
1st 534» 1955 ser A
.—J&D
104
Birmingham Wat Wks 6% pf.100
1st 5s series B 1957
M&S
Blackstone Val Gas & El pref-100
Western Utilities Corp—
Blue Ridge Corp—
58
60
6% notes 1937
M&N

f

6ha 1933-

9834

Fdg & R E M 4Kb g '50—M&N
25-year g 5s 1951
J&D
30-year 5s Mar 1 i960--..M&S

|lll

104

Lt&Rys(Me)6s A'62 A&O

Deb 6s 1973

40

97

60

1st & ref 534s 1960
F&A
Western States Util 6s A '45-A&O
Western Union Telegraph—
•r

1%
3%

.-.*

-

—

35

Western Public Service Co—

_

97

91

89

26%
110

*
—*

Amer Utilities Service

9834
91

55

1st M 5s 1951
-—M&N
1st 5s series B 1950
-J&J
Deb s f 6s extd 1950
M&N
Western Pow (Can) 6s 1949--J&J

103

__

66

IS

1st ext 334s 1956———-A&O
2d extended 1956
M&N
West Texas Utilities Co—
1st M 5s 1957 ser A
...A&O
West Virginia Ohio River

—

100%

934
934

75

334 %

__

United

102
97

_

45
38

Deb g 6% s 1974
M&N
1st 1 & consol 5%s 1959—A&O
Deb g 6s 1975
M&N

10134

105

Canadian Hydro-Elec—
1st 6s ser A w w 1950--—-J&J
Conv deb 6%s 1945
J&J
West Coast Telep 5s A 1953-J&J
West End St Ry—See Boston E)
West End Trac—See Phlla Co
West Ohio Gas 6s A 1954—J&D
West Penn Elec deb 5s 2030-A&0
West Penn Power—
1st M 5s 1963 series E—M&S
1st M 4s 1961 series H
J&J
1st M 3%s ser 11966—-J&J
West Penn Tr 1st 5s 1960—J&D
West Phila Pass Ry—

$6 preferred—.
Amer Gas & Power com
1st $6 preferred
Warrants
American Light & Traction.
6% preferred

_

90

lst M s f 7s 1945
M&S15
Union Elec Co of Missourl-

Union Ry—See Third Ave Ry
Union Traction—See Phlla R T
Union Water Service Co—
First lien 5%s '51 ser A-M&N

61"
105%

West

100%

Tyrol Hydro-Klec Pow Co—
1st MTs f 7%s 1955
M&N
Guar s f 7s 1952—
1952
F&A
r
UJlgawa Elec Power (Japan)-

59

105

Wayne United Gas 634s '44. J&D

100

Twin States Gas & Electric—v
1st 1 & ref 5%s 1945 Ser A.M&S

J&J
J&J

1st Ms fg 5s 1940
J&J
Certificates of deposit
—
Watert'n L&P—See No N Y Util.
Waukesha Gas & Electric Co—
1st
6s
1959—
J&J

118%

1952—J&J

55"

53

107

Bid

Amer Gas & Elec com.--.—.-*

105

10734

70

6234
106%

Troy Gas Co 1st 5s 1939--M&N
2d Cs 1939
—-----F&A
23 Street Ry—See N Y Rys
Twin City Rapid Transit Co—
1st lien & ref 5%s A 1952J&D

J&J

City & Sub 5s g 1948
F&A
Washington Water Power Co—

45
86

67

Tri-Oounty Telep 4%s B *56 A&O
Troy Olty Ry 1st cons 5s '42 A&O /

115%

Bonds

Ask

115
104

rash Ry & El g 4s 1951—J&D
Anacost & Pot 5s 1949—A&O
1st guar 5s 1949A&O

45""

8434

1st 4s new 1942—————
Traction Term'l Oorp 5s '57. .J&J
Trenton G & El g os 1949—M&S
Trent'n Pass Ry 1st ext 6s'61 A&O
Trenton St Ry ext 5s 1968--J&J
General 6s 1941
—J&D

Bid

Refunding 5s 1958

30%
734

50

1st 5s g 1942..F&A
Westchester El 1st 6s g 43-J&J
Yonkors Ry 1st 5s 1946--A&O
Tide Water Power 1st 5s '79.F&A
Toho Electric Power (Japan)—
1st b f 7s 1955 ser A—M&S15
Tokyo Elec Light Oo (Japan)—
1st g 6s 1953 series-—J«D15
Toledo Edison 5s 1962
M&N
Union Ry

1st lien & ref 5%s B

Bonds

Ask

3%
97%
2

96

%
99

1%

2

MARCH, 1938]

PUBLIC

Quotation! for all securities

Stocks

Par

Chicago Rys partlc ctfs
Series 2
Series 3

Bid,

are as near as

Essex

—100
.......100
...100
Cincinnati Gas & Elec 5% pf 100
Cincinnati Gas Transp
...100

80

Cine New & Cov Lt & Trac__100

94

Preferred
Cincinnati Street Ry

74

100

.,.50
Suburb Bell Telep.—60

Cincin &
Cities Service com....
Preferred

7% preferred
Cleve Elec Ilium

35
33

6154
6554

62

82

15*
3

67)4

IX

1)4

*

100

Preferred

Gatlneau Power

100

—.100
Gen Gas & Elec (Del) com A..*
5% prior preferred
*
$6 cum conv pref ser A
*
$6 con v pref ser B
*
$7 preferred
*
$8 preferred
*

55

105)4
96 J
24L
IX

Gen Public Service Corp

35'

—*

Community Pow & Lt com—-*

19

First preferred 6%
..100
Community Pub Serv com
25
Community Water Serv com
1
7% preferred
*
Concord Elec Co 6% pref....100
Common....
._...*

23

6)4% preferred
Connecticut Power
Connecticut Ry& Lighting
4 H% preferred

24

24)4
22 )4

5*
30
110
47

Conn Gas & Coke Sec pref.....*
Common
*

323

*
100
..—25

53

X
9%
4)4
63

1145*
21)4
91)4

$5 preferred
*
Consolidated Gas Utilities com
Cons Trac of N J—See P S
Corp
Gas

$4.50 preferred
._...*
Continental Gas & Electric—
7% prior preferred
100
Oontinen Pass Ry—See Phila R T
Orescent Public Service

r

22)4
18334
935*
83

23)4
184

95)4
85)4

57)4
28

30

45

34
34

1

100
25

31

50

48

100

182
100

108
99

10934
101

78

.50

6% pf-100

80

334
1534
4)4

16

103*1

.....1

107)4
10134

103

10

14

12)4

1434

85

§5*

215*

100

1554

68*

85""

50c"

100

*
*

■
*

2f*

*

23

*

4

,

100

48

Iowa Southern Util

44

7% pref..100

6% preferred
Italian Superpower

100
A—*

61

Jamaica Pub Service Ltd.
*r
33)4
Preferred
100 r 130
Jamaica Water Supp 7)4 % pf_.50
53)4
Jersey Cent Pow & Lt 7% pf_100
81

_

*

Without par value,




k Last sale.

39 )4
475*

common

6% preferred
5)4% preferred

n.Nominal,

r

Canadian price.

3X
9

ox
29

5

25

5)4
8)4

,11

20
43

45"

s*
99

49)4
101

82

83

90
39

41

34

36

X

100

71)4

100

*

13)4

4*

6% preferred
100
6% prior preferred
100
6% non-cum 2d preferred.. 100
Mass Power & Light Associat'n

10

1)4

*

*

*

....

16*

*

1

1

1)4

partic preferred
50
Memphis Natural Gas
Memphis Power & Light $7 pf.

23 X

conv

$6 preferred
Metropolitan Edison Co—
$5 cum preferred
$6 preferred series O
$6 prior preferred
7% prior preferredMexican Northern Ry com

Av*

48
41

*

*

55
70

*

99

*

102

100

14*

Preferred
......100
Middle West Corp com
5
Warrants
Middle West Utilities

$6 convpreferred series A
Midland United

55*
1)4
6c

*
...*
*

com

Convertible pref A
Midland Util 7% prior lien.. 100
6% prior lien
100
7% preferred class A
.100
6% preferred class A—...100
Milw Elec Ry & Light—
6% pref series 1921
100
Minnesota Pow & Lt 7% pref lOO
$6 cum preferred
100

2)4
IX

*5*
93
76
67

Mississippi Power $6 pref

*
$7 preferred
—.*
Miss Power & Light 6% pref
*
Mississippi Riv Pow 6% pref.100

39

47
53 X
105
85c
84

co m

*

2X

2334
5

48)4
58
r
r
r

65

Ex-dividend.

90 X
305*
60)*
86

*8
ill*

7% preferred
100
Mountain States Tel & Tel--100
Montana Power 6% pref
*
Municipal Service 6% pref
100
Nassau & Suffolk 7% pref
1()0
National City Lines com
1
$3 conv preferred
50
National Gas & Elec com..— 10

90)4

1)4
18
9

30X
3X

National Power & Light com...*
$6 preferred
*
Nebraska Power 7% 1st pref 100

7
51
110
106

6% preferred..—
100
Nevada-Calif Electric com..—100
Preferred
..200

5)4
52

Newark Consolidated Gas..
New Brunswick Light—

% Feb

k
*

6% preferred
100
Empire Power Corp partic stk—*
$6 preferred
—._.*
Empire Telephone com
*
Preferred.
—.25
Engineers Pub Serv com
...1
$5 convertible preferred
*
$5)4 pref (with warrants)....*
$6 preferred
*

100

58

i*

Iff
7ff

45

7%
634% preferred

210

73""

4)*

$6 preferred
_*
Investors Telephone com
*
Iowa Electric 6)4s pref
100
Iowa El Lt & Pow 6% pref—100
7% preferred
100
1 wa Pow & Lt 7 % pref
100
Io wa Pub Serv $6 pref
*
6)4% preferred
*
$/ preferred
*

60
50

88

87

fc J*

.........

Warrants series of 1940
Interstate Natural Gas
Interstate Power pref $7

46

86

50

$1.75 preferred
$3.50 prior preferred

Optional warrants

20

Mountain States Power com—»

25

International Ry v t c
International Telep & Teleg
Foreign share ctfs
International Utilities A
Class B

1

75*

Maiden Electric Co
25
Maiden & Melrose Gas Lt
25
Manhattan Railway 7% guar 100
Modified 5% guar
100
Marcon Int Marine

Monongahela L & P—See PhilaCo
Monongahela St Ry—See PhilaCo
Monon-West Penn P S 7% pref 25
Montana Dakota Utilities com. 10
5% preferred
100
6% preferred
100
Montana Power 6% pref
*
Montreal L H & Pow Cons.—..*
Montreal Telegraph
40
Montreal Tramways com
.100
Mountain Fuel Supply
10

51

Internat Ocean Teleg (guar).. 100
International Power Co
* r
1st preferred
100 r
Internat Power Securities com..*
Units

*

102
75

25

Missouri Pub Service

110

Warrants..

97

100

25

49)4

6% preferred
....100
634 % preferred
.100
Indianapolis Ry Co v t c
100
Interboro Rapid Transit.....100

*

H
44

100

88)4

,43

1554
112)4

100

23

100

Internat Hydro-El Syst A
Conv pref $3.50 series

Railway Co

87)4

*

84
105

Mississippi Valley Utilities—*
Missouri Pow & Lt $6 pref
*

7% preferred
100
Indianapolis Power & Light—

100

_*

Preferred

104)*

Indiana General Service—

100
100
100
100

...100
Empire & Bay State Teleg—. 100
Empire District Elec 6% pf—100
Empire Gas & Fuel Co pf 8%. 100

L

6% preferred
100
Indiana Hydro Elec 7% pref.100
Indiana Service Co 6% pref..100

....*

-

9)4

8)4

See Investment Trusts

Elec Power & Light Corp...
*
$7 preferred
.....*
$6 preferred
2d pref series A
*

_

1)4
32)4
235

225

100
*

com

Illuminating Shares class A
Michigan Elec—
7% preferred

$7 preferred series A
......*
$6 preferred series B
*
Eastern Util Assoc com....
*

Eliz & Trenton RR com
Preferred
Eliz Consolidated Gas

,34

Indiana &

East Shore Pub Serv 6
>4% Pf 100
6% preferred
100
Eastern States Corp com
—._*

Preferred
Warrants

15c"

43

$6 preferred
50
Hlinois Water Serv 6% pref—1O0
Illuminating & Power Securities—

100

El Paso Electric Co (Del) —
Preferred series A 7%
100
El Paso Nat Gas com
......3

2

25

$7 junior preferred

East Middlesex Street Ry.—100
Eastern Gas & Fuel Assoc's com *

,

"8c"

25

Illinois Power & Light—

t c—1

......

8

25

com

Arrears certificates

Duquesne Nat Gas common.—.*
$4 preferred
.*
$5 preferred
*
Duquesne Light—See Phila Co-

Class A full paid

34

Hartford Gas

Illinois North Utilities

Detroit & Canada Tunnel

...

32)4
7)4

Hartford Electric Light

5% Preferred

Detroit Edison
.100
Duke Power..
100
Duluth Superior Transit com ..*

Conv stock

26

2)4
59)4

Preferred
Havana Elec Ry com
6% preferred

33)4

100
100

7% preferred
Lynn Gas & Elec Co
Mackay Companies 4% pref

5%

f

*

6% preferred
7% preferred

Warrants
Mass Utilities Associates vtc

85

25

Illinois Iowa Power common .._*

100

Electric Bond & Share
$6 preferred
$5 preferred
Elec Power Association

t c

Preferred

...

6% preferred
414% prior preferred
Eastern Mass St Ry com..
6% 1st pref stamped
6% pref B stock
5% adjustment stock

v

Hudson County Gas

*

v

64)4

Huntington Water 7 % pref!
Idaho Power 7% pref
10C
6% 1st preferred
*
111 Commercial Telep $6 pref
*

Dayton Pow & Lt 4)4% pref.100
Denver Tramway com

East. Coast Public Service

63

92

76

r

39

100

Louisiana Power & Light $6
pf_*
Louisv Gas & Elec com cl A
*

$2 Preferred

24

*
100

110)*

100

Common with warrants
Common without warrants

21

Holyoke Water Power
Houston Natural Gas

Power & Lt 6% pref—.....100
5 H% preferred—
100
Dallas Power & Light 7 % pref 100

Derby Gas & Elec $7 pref

67

Hestonville M & F—See PhilaRT

Cumberland Co (Maine)

Preferred

734
30)*

67

25

*

_*

Amer dep rets for ord shs
£1
Market St Ry(San
Francisco). 100

88

52

83

97
5
73
8

Commun'y—

66

Haverhill Elec Co

100
1

6% preferred

13
50

PhilaRT

7% pref class A

com...

Cuban Telephone pref—
Cumberland Gas com

8

11*

12)*

Harrisburg Rys common...—.50

(Reading)....25

Consumers Gas (Toronto)
100
Consumers Power $5 pref...—.*

2

78
72

Hamilton Bridge
Preferred
Hamilton Gas common

Cons Trac (Pittsb)—See Phila Co

Consumers

29)4

44

Gas $1.25 pref
*
Greenwich Wat & Gas 6% pf-100
Gulf States Util $6 pref
*
$5.50 pref
*
Hackensack Water
25

62

Preferred
100
Lowell Electric Light
J
Luzerne Co Gas & El $6 pref.100

Feb

X
85
5)4
275*
65

25
13
22
36

100
com

Louisville

45

12 )4

54

23
41
9
35

100

50

40

104

*

45"

30
32

Greenwich

44

Cons Edison Co of N Y com....*

A"

25
Gold & Stock Telep (guar)
100
Green & Coates—See Phila R T
Green Mt Pow Corp $6 pref—*

4

100
100

Long Island Lighting
7 % preferred A
6% preferred B

m

83
1
32
30

45

.

100

Light—

Lone Star Gas Corp
6 34 % preferred

3

26)4
154

noX
92
108

6% preferred
100
7% preferred
100
Kentucky Utilitias 6% pref—100
7% Junior preferred
50
Keystone Pub Serv $2.80 pref..*
Keystone Telephone $4 pref
50
Kings Co Ltg 7% pref—
100
5% preferred
100
Laclede Gas Light
100
5% preferred
100

Kansas Power &

Light & Pow Securities Co
Preferred

—

n

5% preferred
*
Gen Telephone Corp com
20
$3 conv preferred
*
Warrants
Gen Telep Allied Corp $6 pref. *
Gen Wat Gas & Elec com A
1
$3 preferred
*
Georgia Power $6 preferred
*
$5 preferred
*
Germantown Pass—See
Gloucester Elec Lt Co

113

100
100
Consol Elec & Gas $6 pref......*
Cons Gas E L & P (Bait)
5% preferred series A
100

r

118)4

*

100

Lawrence Gas & Elec Lt
25
Lexington Util 6)4 % pref
25
Lexington Wat Serv 7% pref....

%

9)*

*

common

38

T

2

*
*k

56 preferred
General Pub Util

100
103

26

254
121

Gen Italian Edison Elec Corp—
Amer shs for ordinary stock..

M

....

93

23%
38)4

100

*

...

5% preferred

Optional warrants
$6 preferred
Commonwealth Water & Light—
6% preferred
*

Connecticut Light & Power

com

IX
22%

34
2)4
125

Gas & Elec of Bergen County. 100
Gas Utilities Co
*

100

preferred

R

*

common

79)4

90
36
98

100

Gary Elec & Gas

M

154
2154
2254
23
36)4

(guar)—100
Gandy Bridge common
*
Gardner Elec Light common. 100

Columbus Delaware & Marion—
7% preferred
Columbus & Southern Ohio Elec
6% preferred A
..100
6 34 % preferred B
..100
Commonwealth Edison Co
25
Commonwealth Gas
1
Commonwealth & Sou Corp com *

7%

Phila

*

...

7% pref.. 100

X

Franklin Telegraph

Coast Co Gas & El 1st pref..100
Colum G & El Corp (Del) com..*
6% preferred series A
100

5% preferred
5% conv preferred

S'thwark—see

Bid

Par

6% preferred

Co

$6 preferred
*
$6)4 preferred
*
$7 preferred
*
Fitchburg Gas & Elec Light.-50
Florida Power Corp 7 % pref. .100
Florida Power & Lt $7 pref
*
Foreign Light & Power units—*
&

R

135*

A—*

Stocks

Kansas City Power &
Light—
1st pref $6 series B
Kansas City Pub Serv
Kansas Elec Pow 6% pref
Kansas Gas & Elec

10
75

15
*

com

"6)4

Phila
51

Federal Power & Light com—60
Fed St & Pleasant Val—See Phila

Frankf'd

*

$4.50 preferred..
Cleveland Railway

5

..—25

Preferred ($6)

Federal Water Service

......-100
common

10

Federal Light & Tr com

30

Preferred B
Preferred BB
Cities Serv Pr & Lt $6 pref
*
$7 preferred
100
Citizens' Pass Ry—See Phila R T
Citizens Traction—See Phila Co
Citizens Utilities com
..3
Citizens Water Co of Wash (Pa)—

62

100

Fall River Gas Works

454

79

Ask

60
182

Fairm't Pk & Hadd Pass Ry—See
Fall River Elec Light
25

rlH
si*

*
.....100
10
...100

...

Bid

50

European Elec class A
Option warrants

-

STOCKS

Par

Company

Essex & Hudson Gas

.

Series 4

Stocks

Ask

1—100

ser

UTILITY

possible for tbe closing day of the month preceding the date of issue

100

122

Heat & Power
New Eng Gas & Elec Assn—

100

121

$5)4 preferred stamped
*
New Eng Pow Assn com
*
6% preferred
100
$2 preferred
*
New England Pow Co $6 pref.100
New England Pub Ser com——*
$7 prior preferred
*
$7 preferred
*
$6 preferred
...»
$6 prior pref
*
New England Tel & Tel
100,
New England Water Light &

22

Power Assn 6% pre*
100
New Haven Water
50
N J & Hud Riv Ry & Fer pref 100
New Jersey Pow & Lt $6 pref—*
New

Jersey Water pref

New Mexico Gas

6% preferred
83

73
66

com

100
5

50

11
54
16

125
32
12

10)4
27
90
90
u

74

t115
98
95

434
34

PUBLIC

80

Quotations for all securities are

Par

Stocks

Bid

N Y Mutual Telegraph—....25
N Y Oity Omnibus common....*

99

■

100

30

95
18

*

Ian.

%
1%

IV*

66)4
38)4

.25

Northern N Y Util 7% pref—100
Northern Ohio Telep 6% pref-100

58
41

93
93

100

97

7% preferred
Nor States Power (Del) cl A

mm

mm

mm

m,

.100

11

60

89)4
%
57

90

10)4

14

22

28

48

51

52
54

Northwestern Telegraph......60
NY PA NJ Utilities $3 pref.
-*

29)4

30

Ohio Public Service 5%
5 H % 1st preferred

—*
—*
100
100
--100

54

50

111

49

112)4

83

*

22

6% preferred

83
85

92

Omaha & Council Bluffs Railway
k Bridge 4% cum pref
100
Omnibus Corp vtc

8% conv preferred A
Ottawa

Light Heat & Pow—100
-.100

25
25

Pacific Gas & Electric
1st

11X
100
55

r

Pacific & Atlantic Tel (gu)
1st

8

50

Preferred

12

Pacific Pow & Lt 3

554
17
112

...

136)4

Paterson & Passaic Gas & El..

121
10

—

22 X

10854
24

39
Penn-Ohio

Edison—

Warrants.

....

254
54

....

Warrants B

13
9

58
Partic class A

4

23

98)4

$5

71

mm

mm

mm

91

Peoples Water & Gas pref—-10(

Philadelphia Co com
$5 preferred
6% cum preferred

..'
..."

7

5)4

59

57 X
34)4

3554

62)4

5(

68

12
Citizens

)
)

)
>

Monongahela Lt & Pow
£ )
Monongahela St Ry
t )
Phila & Darby—See Phila R T

19

1

m>mmm

22

9

115)4
7X

*

without par value




—

—

United

—

17

31

33

1554

39)4

654
61)4
51)4

6X
100

52

Common

9

32

6%

X

54
32
60

94)4

95)4
82

81
110

8)4

mm

v

9)4

1

80c
105

107

mm

6X% preferred series O——25
6% preferred series B
25
Original preferred
....25
Southern Cfalif Gas Co—
6% preferred series A
25
Southern Canada Power
*
Southern Col Pow com A
25

$6 preferred

mm

107
109

Non-voting

109)4

115

103 X
70
111

106)4

16 X

18)4
IX
9)4

75

7

22

98)4
1054
100

8i$
l8*

5c

iox

18)4
21X

20X
23 X

33

36)4

37X

87

*

87
1

1

2

l

1 fcl* 1
13
100

Feb.17
15

108
70

109
72

100

61

*

22

63
24

*

99)4

100

16"
98

88)4
9554
88)4

7%
6%

;

*

preferred
cum preferred-.
West Penn Power 7 % pref
6% preferred

100
100

cum

100
100

West Phila Pass—See Phila R T
West Texas Utilities $6 pref..
*
West Va Ohio River Bridge—
Common
....._..*

110

100
94

98

90

120

114)4
72
2

74
5

___*

12

15

88

93

85c
21

95c

25
.*

27)4

28*

...

—

-

-

-

-

35c
10c
4

Preferred..
;
Western Massachusetts Cos
Western N Y Water pref.

Western Union Telegraph-.
Western United Gas & Elec—
6 % preferred

13
22 X

17
22 X

24%

Westmoreland Water pref—

27

25 X
28

3524

36

2954

30 X

Class B

12

12 X

Preferred

*
100

26 X

100

95)4

100
*

154

254

58

86

24"

1254
5)4

1254

Wheeling Elec 6% pref .....IOO
Water pref....
*
Winnipeg Elec class A
•
*

6

96

w
12M

27
97 X

loo"
111

~2X
2X

100

11

15

Wisconsin Pow & Lt 6% pref.lOO

62

63

7% preferred

62

84

6)4% preferred

22

95

Willi am s port

100

*

100

April 15 at 100.

*

25

140

6

143

254

254
11

12 X

k Last sale.

100

66

67

Wisconsin Pub Ser Corp 7% pflOO

*

common

t Correction: Called for redemption

'S

600

Preferred

4.80% cum preferred
100
Southern Nat Gas class A com..*
B

70

Wast Va' Water Serv 6%"pref—I*
Western Lt & Tel com
_1

102)4
25c

3X

l°oH

100
100
100

55

108

"2 X
24

38

*

common...

Preferred

Southern Indiana G & E—

Glass

68)4
IX
X
X
9X

West Penn Elec Co class A

2

95

96)4
10 X
97)4
84 X

10X
102

65

Washington Wat Pow 6% pref—*
21)4

70)4
4X
93 X

64)4

100

7% cum pref..
Virginia Elec & Power—
$6 preferred--Virginia Pub Serv 7% pref
6% preferred
Washington (D C) Gas
Wash (D C) Gas Light com
Wash Gas & Elec 7% pref
Wash (D C) Ry <fc B1 com.

4

3

29

99

*

$7 preferred..
Utica Gas & Elec 7% pref
$6 preferred
Utilities Power & Lt cl A—.

mm

254
25

%
10)4
101)4
2)4

—

Class B

X
8X
IX

4

93

2)4
23 54

Ii

10

Utah Power & Light—

_

mm mm mm

mm

67)4

+

*

13X
IX

42

*

com

B

107

3X

3

28)4
Xs

$2.75 preferred.
"III"*
$3 preferred—.
♦
Script
United Tel & Elec 6% pref^—IOO
7% preferred
100

115)4

50c

100
100

X
8)4

pref
I
"*
United Light & Ry 6% pref—.100
6.36% preferred
—100
7% preferred
100
United Public Service Corp.._
1

'■

mm

4%
40

108

cum 1st

United Pub Util com A
Class B common

95)4

83 X

105)
13)

..

94 X

94

37

I
♦
Haven""*

A

107

4

...I.I*

United Lt & Pr

7
30

102

92
82
104

.

454

4)4

108
7c

100)4

....__*

$5 preferred
United III Co of New

56

89

2X

United Gas & Elec
(Conn) com.*
7 % preferred
100
United Gas Corp com
1
$7 pref series A
H«
Warrants
United Gas Improvement..
*

,

37 X

Corp

$3 cum preferred
Warrants
1

113

12
99

53

*

91

89

-

10

97)4
87 X

*

80

11154

2*
"

Preferred
50
Union Pass—See Phila RT"""
Union Traction—See Phila R T

-

16

—

Ex-dlvldend.

-

98

82)4

100

...

8*
3%

3

ioo
100

Union Gas (Canada)
Union Gas System com

.—.

_

78)4

$4 preferred
60
South Bay Conpol Water pref.lOO
South Carolina Power 6% pref-*

49)4
45

..100
—100

7% preferred
6% preferred..

.

72

Ridge Ave Pass—See Phila R T
Rio Grande Valley Gas v t c
1
Riverside Traction.
50
Preferred-60

98

100

-

7% preferred--.100
Union Electric Co of
Missouri—

80

Southern New Eng Telep
Southern Union Gas com..
Preferred

x

135)4
119)4
105 X

182

<3)ass

Preferred

•

91

rwtn States Gas,
£Ej 7% preflOO
Twin City Rapid Transit-*

31

105

100

Southeastern Pow & Lt—
Warrants
Southern & Atlantic Teleg

87

100

Toledo-Edison pref A 7%
6% preferred
5%
preferred

102
93

l6"

54

20

31)4
19)4

3054
133)4
117)4

South Calif Edison common—25

:

100 X

18

Southeastern Gas & Water A—*
Common

53
55

50
97

Peoria Water Works 7% pref.lO(
Phila City Pass—See Phila R T

106

91

-

6% preferred...
7% preferred

14
92

115

$3 .50 preferred
*
Texas Power & Lt 7%
pref—100
6% preferred
*
Third Avenue Ry (NY)
100
13th & 16th Sts—See Phila R T
Tidewater Power 6% pref*

South Pittsburgh Water—

9

8)4

mm

84

100)4

33%

52

m.

1454
754

99)4

31X
154
IX

154
IX
30%

Scrh

mm

mm

30

pref——*

Amer Utilities com

22 X Dec. 1

.

80
-105

mm

66

31""

107

72

South

1"

*

95"

4

1354
654

mm

mm

73

87

4)4

mmm

mm

B

26)4

Rochester Gas & Electric—

mm

101
86
81

9

19)4

49 X

100

111

6% preferred series O
100
6% preferred series D——100
2954
5% preferred series E
-100
28
Roch Telep $6)4 pref
10u
38
10
10354 Rockland Light & Power
St Louis County Water pref--100
53
St Louis Pub Serv common
*
7% preferied
*
5)4 San Antonio Pub Serv 7% pf-100
8% preferred
100
1754
San Diego Cons Gas & Electric114
7% preferred.
100
139
San Joaquin Lt & Power—
7% prior preferred
100
20
6% prior preferred
100
24)4
Savannah El & Pow 6% prer.100
112
Scranton Electric $6 pref
-.*
26
Scranton-Spring Brook
41
Water Service 6% pref
Seattle Gas common
*
4
1st $5 preferred
100
IX
2d $5 preferred
*
14
Second Ave RR Cop (NY)
♦
13
2d & 3d Sts Ry—See Phlta R T
60
Shawinigan Water & Power
♦
6
Shenango Valley Water pref. .100
26
Sierra Pac Elec 6% pref
100
Sierra Pacific Pow common
*
Preferred
100
87
Sioux City Gas & El $7 pref-.100
82

45

preferred
Pacific Telep & Teleg
6%
preferred

'mm

16

52

6% preferred
Pacific Public Service—
Common non-voting......
1st

mm

ifx

*

113

26 X

29)4
27)4
3754
103 X

($6).

—

100

26 X

25

preferred (6%)
preferred (5)4%)

8254

'•'
*»

25

97
105

representing com.
Rhode Isld Pub Serv $2 pref.--*

10)4
95 X
r

Preferred

v

~9X

8)4

Terre Haute Elec 6% pref
100
Texas Electric
Ry
......100
Texas Elec Service $6
pref._...*'
Texas Gas Util com
1
Texas Hydro Elec common....*

4

354

Amer shares

*
100
*

Oregon Wash Water pref

99)4

4X
23 X

_.*
1

^

23
3

Rhine-Westphalia Elec Pow—

89

4

23

Tennessee El P 1st pref (7%).100
7.2% 1st preferred
100
1st preferred (6%)
100
5% cum 1st preferred
100

2)4

IX
3X

Common
*
Public Serv of Okla 6% pref—100

92

Jfi

«,

~9X

4

*

5% conv preferred.
8l" Tampa Elec Co

77

95

29

98

x

-

IX

*

6)4% preferred

45

89

x

-.100
15
-50
100

6% preferred
Corp com
$3 preferred6% conv preferred

Okla Nat Gas

94

9354

9)4
28)4

Oklahoma Gas & Elec 7% preflOO

1%
mm

24

254

_

—-*
*
Queens Borough G & E 6% pf 100
Radio Corp of Amer
*
$5 preferred B
*
$3.50 conv 1st pref
—*
Rapid Transit Ry—See P 8 Corp
Republic Nat Gas com
1

32
34

154

30
18

41

Public Serv El & G $5

OX

Preferred
*
Suburban Rapid Transit St Ry_50
Superior Wat u, & Pow 7% pflOO
Swiss American Elec
pref
100
Syracuse Ltg 6% pref100

120

Puget Sound Pr & Lt $6 pref
$5 prior preferred
Quebec Power common

101

80

92

Tacony-Palmyra Bridge—

*

7% preferred

9354

99)4

IX
75

.

Rapid Transit St Ry Co—100
So Jersey Gas & Elec Trac- -100
Public Serv Co of Nor 111
60

92 X
101

47

30

17

Class

30

20
20
15
2

-*

Union Water.

&

42
75

*

$8 cum prior pref
Standard Pow & Lt com

Consolidated Trac of N J—100

-

91X

-.100
100
-.100
..1
—5
1

Ohio Valley Gas com
Ohio Water Service A com

20

100
pref—*
$6 preferred..
*
Public Serv Co of N H $6 pref--*
$5 preferred
-;
*
Public Serv Corp of N J—
*
8% preferred
100
7% preferred
100
6% preferred
100
$5 preferred
*

58 X

81

Ohio Service Holding com

7

6% preferred

100
46

pref.lOO

6% preferred
7% preferred

10

6

Public Serv of Ind $7 prior

15

—

7% preferred
Ohio Power 6% pref

7

88#

39
73

Springfield City Water 6% pf 100
Springfield Gas & Elec pref
*
Springfield Gas Lt Co
..25
Springf'd (Mass) St Ry Cos pf 100
Standard Gas & Elec com
$7 cum prior pref
$4 cum preferred-—

14

123 X

.

Public Elec Light pref—
100
Public Serv of Colo 7% pref—100

1154
69)4

57

Ohio Elec Power 6% pref

6

Providence Gas

66)4

$7 preferred

3

'

7% preferred
—-——100
6 % preferred—
100
(Minn) $5 series cum pref
*
Northern Texas Elec 6% pref. 100
Northwest Electric 7% pref—100
North West U til 7% pref
100
7% prior lien
100
N'wesiern i'uo Serv 6% pref. 100
7% ^referred.
100

Ohio Edison $6 pref

20

pref—-100
7% prior preferred
100
Portland Gas & Coke 7 % pref 100
Portland Gas Light-50
Postal Teleg & Cable 7 % pref 100
Potomac Eaison Co 6% pref--100
7% preferred
100
Potomac Elec Pow 6% pref.-.100
5)4%
preferred
100
Power Corp of Canada com
*

72

...

15

R T
Pittsburgh Suburban Water1—
$5.50 preferred-—.
100

62

70

''»erties Gas..

5

Plainfiela

60

preferred
5Mi% preferred

3)4

Portland Elec Pow 6%

-100
100

7%

30

IX
2

"1)4

pref 100

Nor Indiana Pub Ser 6%

20

38
53
13
43

0

35
50
10
41

*

10
45
15

14

Phila Traction—See Phila

35

Northeastern Wat & Elec com..*

NT'>ri'iprn i

66

■AH

Nor Amer Utility Sec-. ...—-*
Nor Host Ltg Prop com-..-—.-*
Preferred
-—■
100

$4 preferred

854
7554
13
X
IX
1954
52)4
93 X
IX

75

50
90

Amer Edison $6 pref——*
North Amer Light & Pow
1
North

$6 preferred

"

35
108

6

35
12

7% pref—100
Southwestern G & E 7% pref.lOO
Southwestern Lt & Pr com A...*
Preferred
—._*
S'western States Telep com
*

40

PhllaCityPass Ry($22)4 pd)-50
Phila & Darby Pass Ry
50
Phil & Gray's Py ($25 pd)—50
Philadelphia Traction
50
Ridge Ave Pass ($28 pd)—60
2d « 3d Sts Ry guar
50
13th & 15th Sts Pass Ry
50
Union Pass ($30 5-6 pd)-—-50
Union Traction ($17)4 pd)_60
West Phila Pass guar
50

23

30
10

123 X

12
31
122

S western Bell Tel

2)4
4X

3)4

Citizens Passenger guar
50
Continen Pass Ry ($29 pd)_50
Fairm't Pk & Haddington. .60
Prandf'd & Southwark Pass.50
Germantown
Passenger
50
Green & Coates Sts ($15 pd) 60
Hestonville M & P com
50
Preferred---50

120

-60

preferred

2554
10)4
92 X
100)4

20

Niagara Huds >n Power
-10
1st pref $5 series—.—..—.100
2d pref 5% series..
....100 fc
Olass A option warrants
—
Class B option warrants...——
North American Co com
*
6%

8%_pref
25
Philadelphia Rapid Transit—50
7%
preferred-.60

17

32

Ask

121)4

Southwest Cons Gas Util com
1
Southwest Gas (Okla) 7% preflOO

116

31
1 )4

Bid

Par

So Jer G El & Tr—See P S Oorp
Southwestern Bell Tel preT—100

32

31
115

*

$5 preferred
Phila Elec Power

12"

24%
9)4
91)4

Option warrants
—...—
N Y Pow & Lt Corp $6 pref-----*
7%
preferred
..-..-100
N Y & Richmond Gas 6% preflOO
N Y & Queens El L & Pow—
Common.
—*
5%
preferred
100
New York Steam Co common—*
$7 preferred series A
*
$6 preferred
....—
-*
N Y Water Serv 6% pref
100

8tocka

Ask

Bid

Par

Stocks

Grays—See Phila R T
Philadelphia Elec Co com

91X
9

day of the month preceding the date of Issue

Phila &

4)4
54)4

!

53

7% prelerred
-—.
—*
Newport Elec 6% pref
-100
New Rochelle Water 7% pref 100

STOCKS

UTILITY

possible for the closing

Ask

*

New Orleans Pub. Serv com

as near as

94

96

6)4% preferred
100
Wisconsin Telep 7% pref...--100

87

89

Wolverine Power

Co

Worcester Trans Assoc-....
York (Pa) Railways pref...

York Water Co.

n

Nominal.

116)4
4X
4

50

......

r Canadian price.

18
26

JH
23
30

t New stock-

Industrial and Miscellaneous Securities
Under the

heading "Industrial and Miscellaneous Securities'1 we include all issues which do not appear
headings, namely "Railroads" "Investing Companies" and "Public Utilities."
In the
ofjstocks, however, we put "Textile Manufacturing," "Insurance," "Mining," "Real Estate and Land,"
"Title Guarantee
and Safe Deposit Companies"
under separate heads, then follow with the rest of the
under the previous three

case

"Industrial and Miscellaneous."
NOTICE—All bond

prices

are

Quotations for aM securities

Bonds

Bid

INDUSTRIAL AND
MISCELLANEOUS BONDS
Abbotts Dairies deb 6s 1942.M&S

'

102 %

Bonds

Bid

Bonds

S*

53%

Botany Cons Mills 6%s '34.A&O /
Certificates of deposit

92%

W>

101

British Am Oil deb 4s 1945--M&S
British Columbia Pulp & Paper—

103

...

88

110

75
94
88

Brown Shoe Oo3%s 1950—F&A
Brack Silk M Ltd 6%s '45-M&N

Alabama Co gen 6s 1938

98

21
56

Brown Co 1st 5%s 1946-—A&O /
1st 5%s 1950 ser B
M&S f

J&J

Akron Times-Press 1st 6s '45 A&O
Alabama By-Prod 6s 1955—J&J
Income 6s 1955

s

f 6s 1940

86

J&D

57"

54

107

92

95

45

47

81

Crown Cork & Seal Co Inc—
15-yr 4s s f Nov 1 1950-.M&N
Crown Willamet Pap 6s '51..J&J
Crucible Steel Co deb 5s '40.M&N

56

106

90

94

Bryant Paper 6s A 1942

M&N

77

Cuban Tobacco

99

80

90

40

50

105%

Conv

84

Burmeister & Wain (Copenhagen)
36

41"

62

64

40

49 %

6s 1955
Alberta Pacific Grain 6s 1946 J&J

40

50

Burns Bros deb 5s A 1961--M&S
Burns & Co Ltd 1st s f 5s 1958 J&J f
Income 5s 1958
J&J f
Bush Term 1st 4s 1952
A&O

75
83

86

Cons g 5s Jan 1955
J&J
Bush Term Bldg 1st 5s '60--A&O
Butterick Co 6% notes '39..A&O

85 %
84 %

87 %

Byers Machine 3-6s

84%

80

104 %

104%

Byrndum Corp 3-yr notes Jan 15 *39
Calif Cooperative Creamery—
1st s f 6s 1948
A&O
Deb s f guar 1943
A&O

*

6s assented

w w

57

Algoma Steel 1st 5s 1962
A&O
Allied Mtg inc coll 2-5s 1953. J&D
Allied St's Corp deb 4 %s *50. A&O
Debenture 4%s 1951
F&A
Allis-Chalmers s f deb 4s '62.M&S
Alpine Montan Steel Corp—
1st

s

f 7s 1955

Aluminium Ltd
Amer

s

22

M&S
f deb 5s '48.J&J

Aggregates Corp—

80

106%

94%
107

_alif Cotton Mills 1st 6s *40.J&J

Calif Group Corp 5%s 1956 M&N
California Packing Corp—

__

—F&A

74

77

Amer Color type 6s 1942
F&A
Amer Dept St's (Pa) 6s *48--J&D

96

98

Amer

45

New 3-6s 1943

Cons deb 5s 1940

44%

Dept St's (Del) 6s '47.J&D
Am Fruit Growers ert 7s '43.F&A

98

Amer Ice Co deb 5s 1953

92

J&D

Conv deb 5%s 1949
-M&N
Amer International Corp—
Conv 5%s 1949

104%

--J&J

95%

104%

92 %

94

J&D
'51—M&S

60

63

96

99

Am Mach & Metals 4s 1943..J&J

66

69

Amer Nat Co (Ohio) 6s 1938.J&J
Extended 6s stpd

1st M 6s 1949

65

J&J

1943

58

Amer Radiator deb 4%s '47.M&N
Amer Seating 6s stpd 1946—_J&J

104%
87

Am Silica-Sand 6s 1951
M&S
Am Tobacco deb 4s 1951—..F&A

105%
88

American Type Founders Inc—
Conf s f deb 2%-5s 1950—J&J

f 104

Amer Writ Paper 1st 6s 1947
Certificates of deposit

J&J

Conv 6s 1961
Ann Apr
f
Ames-Hold en Tire & Rubber—

16%
16%
23%

Cons Nitrate—
Sink fund income deb 1967 J&J f
Antilla Sugar Estates-

106

ft*

Income deb 6s 1951

(w-s)„J&J/

18

29 %

29%

19%

20%

96
m m»

'•»

10

91%
92%
62

55%

Arundel Bond Corp 2-5s Dec 1 '53

92%
93%
63%
56%

55

Corp 3-6s Dec 1 *53
Citize-Tfmes 6s'45_M&S

_

Associated Mtge Co 3-6s Dec 1 '63
Atl Gulf & W Indies SS Lines—

J&J

5s Jan 1 1959

95

43%

54%

45"
55

Atlanta Laundries 6%s w w 1943.
Atlantlc Ice & Coal 6s 1951-J&D
Atlantic Ice Mfg 6s 1945
F&A

22

39

41

Atlantic Lumber 6%s 1932_A&O
Atl Bug Rof 1st s f 4s 'SI—M&N

20

25

—

—

m

85

99

Atlas Imperial Diesel Engine—

1945-.
M&S
Atlas Pipeline Corp 6s 1945.M&N
Gen conv 6s 1950
M&N
/
6%

conv notes

82
44

30"

J&J

Conv deb 4Ms 1939

21%

36

Ault-Wllliamson Shoe 6s 1942—
Autocar Co 7s ext 1947
M&N

18
90

97"

w'47J&D

88
78

90

Bagley-Clifford Corp 6s 1942.J&J

35

Baldwin Locomotive Works—
6s consol 1938
M&S

78%

Avery (B F) & Sons 5s

w

Without warrants

1st g 58 1940
Mtge 6s 1950
Baragua Sugar Estates—

M&S

Cum Inc deb 6s 1947
J&J
Barber & Ross 4s 1945
J&D
Bates Valve Bag Corp—
Deb 6s ex-warr 1942——F&A

Bayway Terminal 6s 1954
J&J
Beattie Sugar 7%s 1943 ctfs. J&D
Bedford Pulp & Paper 6%s 1942.

48

96%

3
12
47

50"
75

115
75

10

11

13

10
94

Purch money 6s 1998—Q-Feb
Cons M s f 4 Ms ser D *60. J&J
_

105 %

98

107'

90

70

94
Q-F
94
Q-M
Q-J
94
87
Q-F
6s series AB 1948
87
Q-M
6s series AC 1952
Q-J
87
Colo Fuel & Iron s f 5s 1943.F&A
100%
Income 5s 1970-.
An Apr /
60
Colo Indus 1st 5s A & B 1934 F&A
/ 60

Commercial Credit—
See Investment trusts
Comm'l Disc t (L A) 6s *39—A&O

92

94

65

115

117

135

142

102%

103

67
12

98%

f

99

67%

5%s ex-stock 1961
J&J /
Consol Steel Corp 6s ser A '44 J&D
Consol Textile 1st 8s 1941.-J&D

/

July 1 I960.-A&O /
A&O

48
93

Deh

5s

1943

with

This price includes accrued Interest.

96
96
96
89
89
89

100%
64

99%

n

103

74

103%
102
95

59%

35"
102

40%
51

Eastern Mfg 7s ser A 1938.-J&D
East Temple Corp 6s (w
s) 1941Eaton Paper 1st
5%s 1943.M&N
Elec Auto-Lite deb 4s 1952.F&A
Elk

Horn
s

Coal

66

45"
100%

Corp—

f 4s 1956

J&D

48%
81

1945

50

A&O

68

Empire Sheet & Tin Plate—
6s 1943

1st 4s 1952.
J&J
4% notes 1942
J&J
Erie Elec Motors 5s 1941—..A&O
Ernesto Breda 7s 1954
F&A

European Mtge & Invest—
1st lien 7%s 1966 ser B...F&A
7%s income 1966
1st lien 7s 1967 ser O
7s income 1967

M&S

102%
101%
10

60

35
'

29

36
29

1st & coll 3tf 1938-1939—J&D
1st & coll 3%s 1940-1942. J&D

J&D

Farmers Mfg Co 3 %s 1953. .M&S
Farmers Nat Mtge Inst 7s '63A&0
Federal Coal 7s 1944
J&D

1969
J&D
Federal Screw Wks conv 6 %s '39.
Federal Sugar Ref 6s ctf '33 M&N
f
5s

Fiat

s

f deb 7s 1946

J&J

Filtrol Co of Calif 5s 1946— J&D
Finland Residential Mtge Bank
s f 6s stamped 1961
M&S
Firestone Cotton Mills 5s '48M&S
Firestone Tire & Rub of Calif—
Sf 5s 1942
M&S
First Bohemian Glass Workfr—

98

98%
97%
8
19

88
3
22

94%
89

104

104%
104%
93

Conv g 6% % notes 1946.A&O
Follansbee Bros 5s 1947
J&D

38

s

f 6s 1949—J&D

Framerican Ind & Dev Corp—
Deb 7%s 1942
J&J
Francisco Sugar 6s 1956—-M&N
69

100%
43

96"

103"
89

47

Nominal.

105

Dufferin Paving & Stone—
Deb 5s series A 1955
Jan
Deb 5s series B 1955
Jan
Durham Duplex Razor 6s 1955—
Eastern Car Co Ltd 6s 1952.J&J
Eastern Cuba Sug 7%s '37.M&S
Eastern Dairies 6s 1949... M&N

Forest Lawn 1st

27%

77

99

99%

1st secured 7s 1957
J&J
Flour Mills of America Inc—

17

_

100%
99%

93"

46%

—

k Last sale.

Dom Coal 1st; 4 %s ser A
*52. A&O
Serial 3%s 1938-43A&O
Dominion Steel & Coal 6%s 1955
Dominion Tar & Chemical Co—
Deb 4%s ser A 1951
M&N
Dominion Textile 4%s '55—M&S
Donnacona Pap 4-4 %s '56—F&A
10-yr 5%% notes 1947—J&J
Dow Chem Co deb 3s 1951—J&D
Driver Harris Co 6s 1942...J&D
Dryden Paper 6s 1949
F&A

106
75

16

warr__J&D

Oont'l Invest Bond Corp 2-5s '53
Oont'l Invest Deb Corp 3-6s '53

70

30%
A&OIS/
Dickey (W S) Clay Mfg Co—
Cum inc 5s (w-s) Nov 1 1949-.
/ 103%
Cum inc 5s
(ex-stk) Nov 1 1949 /
65%
Dold (Jac) Pack 1st 6s '42 M&N
96%

75

45%

Consumers Co 1st 6s 1946
J&J /
33
Container Corp 1st 6s '46.J&D15
102

92

100

99

100%
42%

23

78%

Fairbanks Morse & Co—
20-year 4s s f deb 1956—J&D
Famous Players Canadian—

88

Extended 6%s 1941
A&O
Consol Oil s f deb 3%s 1951.J&D
Consol Paper Corp 5%s 1961-.-.

96
90

45

23

M&S /
M&S /

„

57
45

90

80

Everlastik Inc 1st 7s 1937.M&N

88

Cum Inc 6s 1950
F&A /
Cum inc 6% notes 1950—F&A
/
Consolidated Laundries—

99

99%

42%

86%
102%
70

55

94%
93

35

Emporium Capwell Corp—
104%

Commercial Invost Trust Corp—
See Investment trusts

Sink fund 5s
5s 1950

Deutsche Bank (Berlin)—
6% notes stamped 1935
6s extended 1938
Deutsche Rentenbank—
Farm Ln sf 6s Oct 15*60

1st & coll 4%s 1951

7s series A & B 1960
7s series C 1959.7s series D 1956
6s series AA 1953

Consolidation Coal Co-

26%

Certificates of deposit
Deep Rock Oil 7s 1937
M&S
Detroit Times deb 6s to
'43.M&S

Ooll

19
105%

49%

105

-

Clearfield Bit Coal 4s 1940--J&J
Cleve-Cliffs Iron 4%s 1950.M&N
Cleve Tractor conv 5s 1945.M&N
Collateral Bankers Inc—

40

92

5s
1940
A&O
Danish Prod L'n Fund 5s *40 J&J
Dalryland Inc 1st s f 5s 1946.M&S
Davidson-Boutell 5s 1946-—J&D
Davidson Biscuit 5%s A *45 A&O
Davidson Chem 6%s 1937..A&O f
De Bardeleben Coal
Corp—
1st mtge 6s 1953
—.J&D

55

City Ice (Kansas) 6s 1940—A&O
City Savings Bank of
Budapest 7s 1953
F&A /

J&D

M&S

Empire Oil & Refg 5 %s 1942 A&O

88

65%
68*

1944

120" Empire Properties Corp 2-3s

94

Childs Co deb 5s 1943
A&O
Chilean Nitrate inc 5s 1968..J&D
Cities Service Asphalt 5s '52.A&O

Consol Biscuit 1st 6%s B '46 M&S
1st 5%s ser O 1946
J&D
Consol Cement Corp—

101

5

60

Deb g 5%s 1948 ser A..M&S
Connor Lumb & Land 6s '41 M&N

100

93
89

96"

79

99

120%
97%
6%

86

J&J

Commerz-und Privat-Bk Germ'y)
5%% notes'37(Am pt ctf)M&N f
Commonwealth Subsidiary Corp-

80

Beneficial Loan Soc 6s B 1939 Q-J
6s profit share deb 1956.
Q-J
Berkey & Gay Furn 6s stpd 1941.
Bessemer Limestone & Cement—
6s 1955
J&J
Bethlehem Fdy & Ma 5s'44 A&O
Bethlehem Steel Co—
1st lien &ref 5s 1942_.___M&N




99

104

85

77%

Beech Creek C & C 5s 1944—J&D

l> Basis.

-..M&S

101%

M&N

77%
98

60"

Oespedes Sugar 7 %s 1939
M&S /
Champion Pap Corp 6s *45.-F&A
Champion Paper & Fibre Co—
f deb 1950
Chateaugay Ore & Iron
Guar gold 4s 1942

105"

71%

M&S
M&S

s

104%
9%

99

-

24

Auburn Automobile—
,

8%

70"
100%

96%

Chesap'ke-Camp Corp4 %s'47J&J

75

Arundel Deb

Coll tr g

104

Chicago Stk Yards 5s 1961.A&O

20-yr 4s Ber B 1955.F&A

1st mtge 4s series C 1957..J&J
Arnold Print Wks 6%s 1941 .A&O
A&O
1st 5s Feb 1 1952

Ashville

1st mtge 6s 1941

100

98

Oelotex Corp—
Debenture 4%s w w 1947-F&A
Central Foundry Co—

4%s

Armour & Co of Delaware—

1st M

60

Central Ry Term & Cold Storage
6%s 1952
A&O /
5
Central Steel 1st 8s 1941-.M&N
116%
Certain-teed Prod 5 %s 1948 M&S
66%

96
105

95

98%
100

Canadian Nat Steamships—
25-yr guar 5s 1955
M&S
119%
Canadian Vickers 6s Aug 1 1947
97
Caribbean Sugar 7s stpd '41-F&A
/
5
Carlisle Lumber 6s 1945..
90

24%

Anglo-Chilean

Anthony (E C)—
1st s f 6s (San Fran) 1942.J&D
1st s f 6s (Los Ang) 1942--J&D
Arcade Mall Iron 7s 1943..M&N

55

96

J&J

Gen mtge 5s 1941

Income 7s Jan 1 1943
M&S / 94
Anaconda Copper Mining Co—
Sink fund deb 4%s 1950-.A&O
104%

65

f

15-yr deb 5s with warr '50M&N
Carthage Marble 6%s *42...M&S /
1st non-cum inc 5s Apr 1951.
/
Cassco Corp inc 6s 1949
M&S f

118

Am Wire Fabrics 1st 7s '42..M&S

50

Carriers & General Corp—

9

inl*
106

A&O

Debenture 6s 1944

48%

84

Canada Bread 6s 1941
F&A
103"
Can Cementlst4%sserA'51 M&N
103%
Canada SS L 6s '41 ser A—.A&O
f 59
1st & gen 5s 1957—
J&J
76%

Canadian Bakeries 6%s '45.M&S
Canadian Canners Ltd 4s'5lM&N
Canadian Internat Paper—

Amer La France & Foamite—

5%% notes 1956
Am Lime & Stone 5%s

J&J

Canada Biscuit 6%s 1946--M&N

101

63
39

99%

Camaguey Sugar 7s ctfs 1942
f
Campbell River Timb 6s *41-J&J

Amer I G Chem Corp—

61

36"
55"

/
/

5s

f deb 4s 1950

104%
102%

Cumberland Ry & Coal—

(

J&J / 116

f extl 6s 1940

A&O
1948—A&O

s

106

104%
101%
50%
94%

Cudahy Packing 3%s A '55.M&S

Alabama Mills 6s (w-s) 1953.J&D
Without stock
-.J&D

lit series B 1948
J&J
Budd (E G) Mfg 6s ext 1941-F&A

77

99

s

58

8
102

78

25

15-yr

31
.

Crowley Milner 5%s 1946—M&N

M&N

1st M coll tr 6s 1948

89
101

Sinking fund deb 5s 1946.F&A
Credit Service deb 6s w w '48
Q-F

Ala Cons Coal & Iron 5s '38.M&N

Albany Perf Wrapping Corp—

Ask

Creameries of America—
97

M&N

Gen

Brown Coal Indus 6 %s '53.-A&O /
86

52"

40
32

—M&N

1st 6s 1950
s f 78 1950

103 %

1st M conv

Oont'l Steel deb s r 4%s 1946. J&J
100%
Coplay Cement Mfg 6s '41—A&O
90
Copley Press 5%s 1943
101
F&A
Cosden Oil Corp 1st 6s 1938.M&N /
60
Gen lien 6s 1938
—.M&N /
28
Cosden Petroleum conv 5s *47 J&J
56
Cosgrove Meehan Coal 6%s 1945. /
7%
Crane Co 3%s s f deb
1951. J&D
100%

:6"

5%

Brandram-Henderson 6s '39 M&S /
/

100%

5-5 %s 1940-1945
A&O
Advance Bag & Paper 6s '52. J&D

95"
88%

50

Bid

Continental Roll & Steel
Fdy-

103

99 %

93 >2

F&A

1944

Ask

94%
88%

104%

52 %

Addressograph-Multigraph Corp
4-4 Hs 1938-1939
A&O

Ex scrip __
Aeolian Co 6s

Ask

Boston Wharf 1st 4s 1941—A&O

M&S
J&D

414s stamped 1946

possible for the closing day of the month preceding the date of Issue

102 %

Abitibi Power & Paper—
1st M 5s 1953 ser A
J&D
Certificates of deposit
Acadia Sugar Ref 4%s 1955.A&0
Adams Exp coll tr g 4s 1948.
Coll tr g 4s 1947

"and interest" except where marked "f" and income and defaulted bonds

are as near as

Franklin Coal Co 7s ws 1949.J&J
Fraser Co 6s Jan 1 1950
J&J
French Nat Mail SS Lines 6s '52
Frick-Reid Supply 6s 1943--J&D
Fruehauf Trailer deb 4%s'47A&0
Gair (Robtl income notes 6s 1972
f
Galveston WTharf Co—
Ref 5%s series A 1951—
J&D

Ref 5%s series B 1954
J&J
1st 5s 1940
A&O
Garlock Packing 4%s 1946.-J&D

4%s Dec 15 1947.
Gelsenkirchen Mining Co—
6-yr 6% notes 1934
6s 1937
6s 1940

J&D

JB5*
99

43
50
100

107

102%
85
61

92%
103
98
98

M&S f 100
/ 100
f 100

INDUSTRIAL

83

MISCELLANEOUS BONDS

&

NOTICE—All bond prlco. or. "and lnt.™.t» «c.p.: wh.r.
Quotations for all securities are as near as possible for the closing
Bid

Gen Amer Transport 3s

Ask

1004

Bonds

1014
1024

1940.J&J

101
69

-J&J

3% notes 1941-1942

*40—M&N

General Bronze deb 6s

Jones

964
424
424
424

-J&D /
;„-**&£ / 92
5s 51.J&D
Gen Motors Acceptance Corp—
1024
10-year deb 3s 1940
F&A
1024
15-year deb 3 4s 1951—.F&A
74
Gen Kayon deb 6s 1948 w w. J&D /
524
Gen Stl Cast 1st 5 4s'49 w w_J&J
Gen Steel Wares—
95
4 Ms ser A 1952
A&O
Deb

04s

Deb

s

1940--

f 6s 1948...

Gen Finance conv deb

1940.A&O

Gen Tbeat En deb 6s

98

45

454
96

103 4

1024
55

954

f

F&A f

Certificates of deposit-------- f
Georgia Marble 1st 6s 1950.M&N
German Atlantic Cahle 7s 1945.. f
f

114
70
42
21

6s

57

6 1945

584
1044

1014

<

Good Hope St & Ir Wks (Germ'y)
f
S f g 7s Oct 15 1945—_A<Sr
Goodrich (B F) Deb g
1st mtge 4 Ms 1956

97

1034

A 1941
f 5s 47-M&N
Prod—

1944

92"

93

Godchatix Sug 1st s
Golden State Milk

1024

19

J&D

Goodyear Tire & Rubber—
1st mtge coll tr 5s 1957--M&N
Gordon Baking Co (Mich)—
5s series B 1945-50
J&D
Gotham Silk Hosiery—

91

92"

97

.

974

104

105

95
85

1946——M&S
'42-A&0
6s 38. F&A
Granby Consol Mln & Sm 5s 1942
5 f deb 5s w w

22

*

100
65

934

75

Great Lakes Paper

20
934

21

lstsf 5s 1955
A&O f
Grigsby-Grunow conv 6s '36 M&S f
Groc St's Prod conv 6s 1945. J&D
Gulf States Steel 4 Ms 1961-A&O

934
64

944

58

65"

83

86

Munislng Pap 6s A &B 1943. A&O

91

Munson

93'
loo"

M&S
'39—J&D /

Hall (F W) Printing Co—
1st & coll 6s stmp 1947—M&N
Hamilton By-Prod Coke Ovens—

1st

s

81

fund 6s 1956—A&O
Hamilton Mfg 5s w w 1951—M&S
Hansa Steamship Lines—
10-yr 6s 1939 stamped
A&O
6s unstamped 1939—
Harpen Mining Corp—
6s with warr for Am shs—J&J
Harris-Seybold-Potter—
Conv s f deb 5s 1951-.—A&O
Hart Coal inc 6s 1945—
— —
Hatfield-Campbell Creek Coal-1st 6 Ms 1948
M&S
Hawley Pulp & Paper Co—
1st 6s s f 1946
——J&J
Haytian Corp inc 8s Oct 1938— —
Hearst Publica 6 Ms to 1947-M&N
Heller (Walter E) 4s ww '46.A&0
Helvetia Coal Min 1st 5s *38 A&O

98

90

96"

98

99 M

100

99 H

1024
100

914

98

30 M

314

— —

794

/

84 M

'

99M

f

f

874
20

89

/106
/
124

Hygrade Food Products Corp-—
1st & ref 6s Jan 1949 A—A&O
6s 1949 series B
J&J

83

60

63

50

_

48

52

544
30

58

-

-

-

-

994
994
974
97

924

27"
.....

80~
36

83
1939—--J&D
107
Illinois Steel deb 448 1940—A&O
23 M
IIseder Steel mtge 6s 1948—-F&A
109
Independent Brewing 6s '55.J&J
Indiana Ice & Fuel 6 Ms '47.M&N
64
Ind Limestone inc 6s 1952--M&N f
65
Prior lien s f 6s 1942
M&N
Indianapolis Motor Speedway—
67
1st extended 6 Ms 1946—F&A
90
Industrial Acceptance 4s 1952 J&J
105
Inland St'l 3 Ms ser D 1961—F&a

A&O
Internat Agricultural Corp—_
1st & coll tr s f 5s 1942—M&N

804
1004

International Match Corp—
Deb s f 5s 1947
M&N /
Certificates of deposit
Conv deb 5s 1941
J&J15
Certificates of depositf

6

'/ UeH

-

144

Internat Mercantile Marine—
1st M coll trust 6s 1941—A&O

464

International Paper—
1st & ref s f 5s 1947 ser A—J&J
1st & ref s f 5s ser B 1947—J&J
Ref mtge 6s 1955 ser A—M&S

874
874
794

,

Internat Pow & Pap of Nfld—
1st M 5s 1968
J&J

-J&J
opt—A&O
*55
f
'32 /

Interstate Deb Corp 2-5s Jan 1
Interstate Zinc & Lead deb 7s
♦

.—J&D

Called Mar. 1 at 100.




b Basis.

102
101

107H

1074

92"
1054
83

1004

if*
it*

79

21M

70

105 4

104
105
98

19
43

46

43

46
46

43

128

129 M

NYLE&WC& RR—
1st 6s ext 54% 1942

83

N Y Shipbuilding 1st 5s '46.M&N
New York Trap Rock Corp—

67

46
95

Equip trust 44« Aug 1 '38-'46Equip trust 4 4s Nov 25 '38*43
Equipt tr 44s 1938-47 J&D15
Equip trust 64s Sept 1 '38-'44Nortn Amer Cement Corp—
Deb 64s A with

warr

b
b

5.75

5.00%
5.00%

b

5.75

5.00%

b

5.75

5.00%

64s 1943
M&S
Income 64s 1953
M&S f
Nor Amer Refract 64s 1944-J&J

594

b

4.25

3.75%

Eq tr 34s ser K 1938^8.."A&O b
Northern Elec & Nor Pap Mills—

3.75

3.00%

1st mtge 5s to 1948
Debenture 6s 1943

M&N

30
61

65

22

35

87"

67
140
97

150

984
1044

105"

98

76
F&A
55
McCormicks, Ltd, 5Ms *50 M&N f
McCrory Stores Corp—
1004
5s s f deb 1951
M&N

o?

accrued Interest.

984

85

57

1014

11

13

914

924

81

84

81

84

204
80

81""

39

40

60

O'Gara Coal 5s '55 op aft'08 M&S
Ohio Finance-

10

conv deb 5s '46-J&J
Okonite Co 6s stmp 1942
J&D
Old Ben Coal Corp 6s (w s) 1948

Inc deb 74s (w s)

Aug 1 1953Oregon-Am Lumber 6s 1942 -A&O
Oregon Pulp & Paper 6 4s to
Apr 30 '37, 6% to 1945---M&N
Oreg Terminals 6 4s A1942-M&N

75

96

98

94

96

6s 1943-J&J

22

26

50
85

§5'"

79

82

Oswego FallsCorp 4 4s 1952-M&S
Without warrants.—.....
Otis Steel s f 44s A 1962—_J&J
Oxford Maim! Paper 6s 1947-F&A
Pacific Atlantic SS 2-5s *43-M&N
Pac Coast Cement 6s A 1942. J&D
Pacific Coast Co 5s 1946
J&D

65"

724

744

!i*

37""

58
47

100 4

60
49

1004

294
294

31
31

1004

101

92

93

73

74

A&O

42

44

Paton Mfg Ltd 1st 4 4s '56.M&S
Pea body Coal Co (Consol Co)—
1st s r 5s 1953 ser A
M&N

99

Parmelee

Nominal.

104
28

91

Certificates of deposit

16

254

42

Panhandle Eastern Pipe Line—
1st mtge & lien 4s 1952...M&S
Paramount Pictures 6s 1955-J&J
Conv deb 34s 1947
M&S

102

26

100

42

Pan Amer Petrol Co (of Calif)—
1st conv s f 6s 1940
J&D15

344
344
344
344

9

88

674

61

24

37

Palmer Corp of La 1st 6s '48-J&D
Pan-Amer Industrial 7s '37-M&S

130

98

37

70

65
95

95

A&O

Osgood Co deb g 6s 1943
J&D
O'Sullivan Rubber 5 4s *47—A&O

65

14

See Investment trusts

100

75

n

81

Nova Scotia S & O 5s 1959-.J&J /
6s perpetual stock
J&J

1st income 5s 1945
Orono Pulp & Paper

91*

89

k Last sale,

1st mtge s f 54sw W1945-F&A
54s without warr 1945.F&A
Norwestern Term Co 5s '48.-J&D

Ohio Leather

89

/ This price Includes

91

78

Wire Co—

1004

100

8"

notes 1931
—M&S
Canning 6s '41—J&J

89

O'Connor Moffat deb 6s '38 F&A

44

McCord Rad & Mfg—
Deb 6s 1943 with warr

5-yr 6%

63

3.75%

Northwestern Barb

Minn Valley

60

4.25

31

Memphis Commercial—
Appeal 4 Ms 1952
M&S
Mengel Co conv 4 Ms 1947—M&S
Mercantile Stores deb 5s 1947 J&J
Merchants Distilling Corp—
5% conv deb 1947
M&S
Mersey Paper Ltd 5s 1957—J&D
Gen s f 6s ser A 1949---—M&S
Messenger Corp deb 4 M8 *51 J&J
Messer Oil 1st & ref 6s 1942--J&J

80
25

984
584

20-yr s f 6s 1947
M&N f
New 6-4% 1947
M&N
North Western Refrigerator Line
b
Equip trust 4s ser I Jan 1 *38-'43

70

20-yr conv deb 5 Ms 1950-M&N
Mead (Tho) Corp—
1st M 6s 1945 with warr_-M&N

5.75

65

'40-M&S

44

McCollFron'nac Oil 6s 1949-A&0

964

North Amer Car—

40

7s without warrants 1941-M&N /

70
80

40

M&N

88

100

Manati Sugar 1st 7Ms *42--A&O
Ceitificates of deposit

f 4s Feb 1 1957

86"

80

M&N
Northern Redwood Lumber—
6s 1937
J&D f
N'west Pub's Deb 44s 1948-J&J

s

794

1st mtge s f 6s 1946

73

1st

594

M&N

NYLE&W Dock & Impt—
Extended at 5% to 1943.—J&J f

118

Manhattan Refrig 5Ms 1941-J&J
Mansfield Min & Smelting—

60
61

564

A&O

83

52
59

Dock Co—1st g 4s *51-F&A

71

0 0 coo

82

Y

Serial 5% notes 1938
Certificates of deposit

60
81

116

f°8*

20

N

40
40

North German Lloyd—

93

101

Metropolitan Ice 7s 1954—J&J
Miag Mill Mach'y 7s 1956--J&D '
Mich Tann& Extract 6Ms'38M&8
Middle States Petrol 6Ms 1945—
50
Miller & Hart Inc. deb 6s *43-J&J
Miller & Lux Inc 1st M 6s '45A&0 / 120
00
7% gold notes 1935
A&O / 117
Minnesota & Ontario Paper Co—
1st 6s series A 1935
A&O / 344
344
1st 6s series A 1945---—A&O /
103
344
1st 6s series B 1948—-----J&J /
344
1st 6s series C 1950----—M&N /
109"

26"

f

Nordberg Mfg Co 1st 6s 1943M&S

McKesson & Robblns inc—

75*

.

J

F&A

McOloud River Lumb 5s *48 J&J

Ice Service 1st 6Ms

93

Newport Industries 5s 1947

30

77

204
107

534
724

Lukens Steel 5s extend 1955 M&N

(G1L) conv 6s 1939-M&N
Massey-Harris Co 5s 1947--A&O

60

Nat Union Mtge 3-6s A '54. _J&J
2-5s series B 1954
J&J
New Eng Laundries 6s *36--A&O

30

124

1951

194
1064

41M

135M

Martin

58

tJorp—

28M

123

Maple Leaf Milling—
2 Ms to 1938, 5 Ms to 1949. J&D
Marine Elev (Buff) ext 5s '52M&S /
Marion St'm Shovel 6s '47--A&O

59 M

Cum income deb 5s 1940--M&S J

354

1294

5s,

101M
23 H

26

_

99

104 4

A&O

91

26"

F&A

97

103
62

Liquid Carbonic conv 4s '47-J&D
Loew's Inc deb s f 3 Ms 1946-F&A
Logan County Coal 7s 1942-M&N
Long Bell Lumb 6s sei A '42.J&J
6s series B 1943
A&O
6s series O 1946
F&A
Loiillard (P) Co g 7s 1944—A&O

Radiator 04s 1947
Certificates nt denosit

J&D
6s stamped 1946
J&D
Partic deb 2d mtge 7s 1946 J&D
N Y World's Fair 1939—
Deb 4s 1941
J&J
Nlvelle Corp 4s 1952
M&N

Libby McNeil &Libb 5s '42.A&O
Liberty Baking 64s 1944
M&S
Liggett & Myers g 7s 1944—A&O
Gold bonds 5s 1951
F&A
Lincoln-Boyle Ice 6s 1947—A&O
Lindsay Nunn Pub 6s 1944—M&S
Lion Oil 4 Ms 1952

964

A&O

Nat

59 M

90

-

T

Nat Oil Prod deb 4s 1952—.J&D

It*

J&J

4s coll trust conv 1947

M&N

554

Le Tourneau Foundation—

90

21

CnH fnnv 6s w s ser A '44-M&N
Natl Grocers Ltd 4s 1947—A&O
Nat Gypsum s f 6s IV»4M_
A&O
National Lumber & Creosoting—

96 M
59

Leipzig Trade Fair 7s 1953-M&N f

88

58 M

Interlake Iron Corp—
Conv deb s f 4s 1947—--

32 M

Leonard Tietz—See Tietz

88

85

'47—M&N f

Igotta Fraschini 7s 1942

96

102 M

100
74 M

J&J

6s extended 1943

134

31M

F&A

86

100
Holly Sugar Corp lMs 1938-A&O
99
1st 2s 1939
A&O
984
1st 2Ms 1940
A&O
97
1st 3 Ms 1941A&O
96
1st 3 Ms 1942
A&O
92
1st 4s 1947
A&O
40
Home Serv(LosAng)6Ms '42 A&O f
25
Home Serv(Portl, Ore)7s '41 A&O f
Housing & Realty Improv—
7s 1946
M&N / 21
Houston Oil Co of Texas—
1004
10-yr sec s f 54s 1940—-M&N
23 M
Hudson Coal 1st 5s 1962 A—J&D
55
Hud Riv Day Line 6s 1939--M&S
75
8 f 1st mtge 6s 1946
J&J
20
2d mtge inc 6s Feb 1956
Hungarian Central Mutual
Credit Mfg 7s 1937
J&J f 19
Hungarian Disc & Exch Bank—
35-yr s f 7s 1963
——J&J f 19
Hungarian-Italian Bank Ltd-—
18
Sinkingfund 7Ms 1963—A&O f

1st 4Ms 1968
Internat Salt g 5s 1951

94 M
101M

39

1st & ref 5s 1964
1st & ref 5s 1974

81

1st M conv 54s A 1946.M&N
conv inc 5s 1952..-M&N

4-5s 1956
J&J
New Niquero Sug 34s 1940.-J&J

39

85

1944—A&O

-

31

F&A
F&A
F&A

424

1044

1st coll mtge sf 4s 1965...J&D
Natl Tool conv deb 6s w w '42F&A

65

1st & ref 5s 1944
1st & ref 5s 1954

90

Heywood-Wakefield 5s 1946 J&D
Hightstown Rug 6 Ms w w 1944—
Hines Land & Timber 6s 48-. J&J /
Hoe (R) & Co 5-7s 1944 ws..A&O
4M-6MS 1st mtge

20

25

ii%

Corp 3-6s 1953—

Cum

National Hteel

93

Layne & Bowler 3-6 Ms Dec 1947Lehigh C & Nav fund 4s '48 J&J
Cons s f g 4Ms 1954
J&J
Cons s f 4Ms 1954 ser O—J&J
Lehigh Valley Coal—

J

1st 54s 1938-48

90

J&J

.

National Fire Proofine Co—

'It*

30

100

1004

M&N

Nat Food Products 6s '44

22

102 M

97

10-yr deb 44s May 1 '45-M&N

71

64

6s 1954 with war

1941

A

ser

|^
294

National Distillers Products—

1014

100
67

An Apr

conv

19

J&J

Certificates of deposit
Nassau (Ger) Landbank 6 4s 193«
Nat'l Acme 4 4s ext to "46—J&D

11*Natl Debenture

95

Certificates of deposit
1st mtge income 1975
J&D
Lawrence Portland Cement Co—
Deb g 5 Ms 1942
A&O

Steamship Line—

Nat Container deb 54s '52-A&0
Nat Dairy Prod 3 4 s w w'5l M&N

Lake Superior Corporation—
1st & coll tr gold 5s 1944-. J&D
Lane Bryant Tnc deb6s'40wwM&N

1st

99

4 1956.

Natl Oonsol Bond Corp 2-5s 1953.

98 M

120
92

Langendorf Un Bak 6 Ms '41 M&N

82

101

--M&FI

f 5s ser A 1955

mm mm

ser

(Central Funding series

100

Lautaro Nitrate Co—

Gen sinking

Holland-Amer Line 6s

994
20

3 1951

N;it'l Bakine Hs

120

1961

ser

Nat Bondholders partic ctfs

F&A
F&A
J&J

1st 5Ms

79
65

56

Paper-

6 Ms 1942
6 Ms Feb 1947
Debenture 5s 1961

Gypsum Lime & Alabast—
5U8 1948
Hele & Kilburn Corp 6s

Lake St John Power &

75
85

54

85

J&J

1946

/

.J&D

Lake Erie Bolt & Nut—

5-6s April 1

75

54s series 16 1940
M&N
Mtge Bond Co (Md) 2-5s Dec 1 '53
Mortbon Corp—
Coll A 5s ser 1 1941
.J&D
Coll B 5s ser 2 1946
J&D

Jan" 'l" 1937".-"-A&O \

66"

83

75

Secured 6s 1937Deb 6 4 s

95

La France Textile 1st 6s '42-J&D

96

81

/

M&N;/

1933

94"

'

Co Ltd—

4

101

J&D

97

5s uniform ctfs of dep 1959—
Lackawanna Steel 5s 1950—M&S

Grand Trunk Ry Term
6 Cold Stor 1st 64s 1952.A&0 f
Graton & Knight 44s 51—J&D

series

Call C 5s

Kre.uger & Toll—

70

92

_ _

Morgan Eng ng 8s 1941—M&N
Morris Plan sec 6s x-w 1947-M&S
Mtge-Bond Co 4s ser 2 '66-A&O

Coll D 5s

30
89

Kings Co Refrig 6s 1942
A&O
Kingsport Press 6 Ms 1939—F&A
Kingston Elevator 1st 6s '50 M&N
Kinney (G R) ext 5 Ms 1941-J&D
Kirby Lumber 6s 1938
J&J16
New 1st 4s 1947
J&J16
Koehring Co (Milw) 3-5s '45-J&J
Koholyt Corp 6 Ms 1943
M&S
Koppers Co 4s 1951
__M&N
Kresge Foundation—
10-year coll tr 4s 1945
J&J
3 M? coll trust notes 1947-F&A

76"

§6"

100

104

&

Ind

80

M&N

95"

30

75
75

notes 1939-1941
M&N
4% notes 1942-1945—.-M&N

60

27

834

3%

Graham Paige Co 1st

90

37
17
23
25

1959--J&J
Keyes Fibre 1st 6s '38-*39 M&N
1st 6s 1940-1949
M&N

Gould Manufacturing 6s

Monroe Coal Mining 6s '47
F&A
Montreal Cotton deb 5* '43.M&N

Ask

51
Ry.

6s

f
$925) 1943
68 with warr (par $925) 1943— /
Keith (B F) Corp 6s 1946—M&S
Kelly Springfield Tire 6s *42. A&O /
6s stamped 1942..
A&O /

Keystone Steel & Wire—
2% notes 1938

76"

85

1st 5s series A w w 1952—J&J
Karstadt (Hudolph) Inc—
1st 6s 1943 with Am shs.-M&N /
Ctfs of dep w w stpd 1943— /

944

984

L

Mouon Coal—See Chic

Laughhu Steel—

1st mtge 4 Ms ser A 1961—M&S
loseph & Feiss 5s 1943
M&S
Journal of Comm. 0Ms "47—J&J
Kansas Pipe Line & Gas—

Keokee Cons Coke 5s

88"
Gobel (Adolf) Inc—
Conv deb 4)^s ser

/

Kelsey Hayes Wh'l 1st 6s '48-J&J
15-yr conv deb 6s 1948
J&J
Kentucky Rock Asphalt—
3 4-64s 1945
J&D
Kentucky Securities coll 5s 1940-

124

Gen Vending 0s 1937

&

93

1950--J&J

0s stamped (par

78

Missionary Sisters (Waukegan,
III) 1st ref 3M-4s 1951—A&O
Mohawk Rubber ext 6s 1938 A&O /

lefferson & Clearfield Coal & Iron
Indiana Co 1st s f 5s

Bid

Bonds

Ask

Bid

Jones Cold Storage 4-5s

72

General Cable Corp—
1st mtge sf 54s 1947 sor A .J&J
Gen Elec (Germany) 7s '45-J&J 15 /

day of the mom" yr^ou. k

Bonds

S f

Transportation Co—

conv

deb 6s 1944

Pearl River Valley Lumber— I
1st in
e 4-5s 1945
M&S /

794

115

80

INDUSTRIAL &

March, 1938]

MISCELLANEOUS

83

BONDS

NOTICE—All bond prices are "and interest" except where marked "I" and Income and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue
/

Bonds

Bid

Penn Mercantile PropertiesSecured s f 3-4s 1961.
J&J

36

103 M
36

Phelps Dodge 3 Ms 1952

1938—...MAS
J&D

107

Phila & Read O & I 6s 1973 -JAJ
Conv deb 6s 1949
-MAP

17
6
103
10
31

83M
105
39

10

Phoenix Iron 1 st s f 6s 1946-MAN
Phoenix Silk Mfg 7s 1943—F& A

Pickering Lumber 6s A '46.-MAN
Pierce Butler A Pierce 6 Ms '42-.
Pillsbury Flour Mills 6s 1943 AAO
Pine Hill Collieries 1st 6s *42 AAO
Pireili Co of Italy con 7s '52 MAN
Pittst> Brewing 6s Feb 4 '49..J&J
Pittsburgh Coal Co—
- ■
'
Sinking fund deb 6s 1949-FAA
Pittsburgh Coke A Iron Co—
1st mtge conv"4 Ms 1952- - -MAS
Pitts Crucible Steel 5s to 45.MAS
Pitts Steel s f 6s 1948
FA A
Pocahontas Consol Collieries—
1st gold 5s 1957 op
JAJ
Poor A Co s f deb 4s 1940---AAO
Portld Woolen Mills 6 Ms'41 MAN
•

107 M
18 M

6M

15*
33

5

108 M
6

106"

"9"
100 M

,

106 M
85 M
105

107 M
87

97"

X2S*
94
96

Porto Rican Amcr Tobacco—_
Conv 6s 1942.
JAJ
Potomac Bond Corp 2-5s 1953—
Potomac Cons Deb Corp 3-6s '53Potomac Deb Corp 3-6s 1953

51H

1st s f 6s 1947
-JAJ
Siemens A Halske 10-yr 7s '35 JAJ /
Deb g s f 6 Ms '61 with war MAS /
Deb 6s 2930
7s 1940

Signal Oil A Gas—
101
Conv 6Ms A 1945MAN
70
Signode Steel Strap 3Ms 45.AAO
73 M
Hiiesian-Am Corp 7s 1941—FAA
90 M
Sllverw'd Dairies 5s '41 to *51 JAJ
Simmons Co Conv deb 4s 52AAO
86 M
"lirapsons Ltd— i
95 M
1st A coll 4M> A 1951....JAJ
Oft ZA
vo/i
'kelly Oil deb 4s 1951
—. JA.l
95
Slattery Co 1st 6 Ms '45-—-MAN
Smith (Howard) Paper Mills Ltd
103
1st 4Mb 1951
—JAD
4mith (L C) A Corona Typewr'rs
98
Deb 2% to4M % to 1946—JAJ
60
Smith A Wesson 5 Ms 1938-_JAJ
106 M
Socony-Vacuum Oil 3 Ms '50-AAO
South Coast Corp—
Gen mtge inc os April 1950
/ 68
Southern Advance Bag A Paper—
97
1st s f 6s 1947—JAD
Southern Brighton Mills—
72
1st gtd 7s 1940
...JAD
1st gtd 6Ms 1940
71
JAD
Sou Tee A Util conv 6s 1946-FAA
70

42 M

45M

64
83

75

82

Si*
93

95M
95 M

90

102
89
40

75
80
102

109

Richfield Oil of California—
Coll tr 6s 1944 ser A..—MAN
Certificates of deposit—-—
Conv s f 4s 1952
...MAS
Richm'd Cedar Wks 6Ms '45 JAJ
Richmond Hos Mills 7s 38—FAA
Richmond (Va) Ice 6Ms '42.AAO
Rima Steel Corp 1st s f 7s *55 FAA

»«7

104

106M
72
99

92 M

116
83

83M
105 M
97
102 M
96

36M

40

— -

M

34M
34 M
97
19

1950- /
JAJ
JAD

98

1940-

AAO /

4s ctfs of deposit 1946--AAO /
2d stamped 1946
AAO
Stinnes (Hugo) Industries—
7s unstamped 1936JAJ /
4s ctfs of deposit 1936--JAJ /
2d stamped 1940
-JAJ

Strange (John) Paper 6s *44—JAJ

dep..—MAS /

Coal

A

RR

20
24

101
Safeway Stores 4s s f deb '47. JAD
St Clair Furnace 1st 5s '39.. FAA 63.00%
68
St Joseph Stock Yds 5s '40— FAA
St Louis Gas A Coke Corp—
IstMsf 6s 1947—
..IAD / 12
67
St L Rky Mt A P 5s '55 stpd.J«t J
St Paul Un Stk Yds 5s 1946. AAO
102M
101
Samson Tire A Rubb 6 Ms '39 JAJ
50
Saltex Looms Inc 6s 1964...AAO
Saratoga Victory Mills—,
82 M
6 Ms 1943
-JAJ
Saxon Pub Wks (Germany)—
1st extl s f 7s 1945
—..FAA
Gen A ref 6Ms 1951
MAN
6% notes 1937
JAJ

94

-

/

Thermoid Co 5s w w 1951..JAD
Three Rivers Grain A Elevator—

12*
68

56

_

85M

£4*
95

2

29
102

79

I°o*
....

97"

•■----

85"
35
105 M

3M

5

69M
93

102"
26

§§*
88

91"

.

81

92M

102

75

75
38

39

50
103

100
90 M

91M

109
92

94 M

15

15M

15 M
22

16

94

96M

85
98

98M

83 M
103

84

99

75
40 M

42M

102 M

Woodland Farm Dairy—

8Mb

w w

1944—.—....JAD

..JAJ
3Ms series A 1942-1945...JAJ
—JAJ

4Mb series A 1952

Woodward Iron 1st lien 5s '62JAJ
2d conv inc 5s 1962.-Ann Apr
Woodward A Tier nan Print—

98

97
96

97"

93
102 M
92 M

JAJ
AAO
..JAD

6s 1942—
York Ice Mach 6s 1947
Debenture 6s 1943

88

85

Woods Mfg Co Ltd
1st 3s to 1941

96

103 M
94

95 M
95 M
93

96M

98 M

99

9,500
3,000

10,800
5.000

Youngstown Sheet A Tube—
1st M

s

f 4s

ser

MAN

O 1961

No. Last Sale

Exch—.1,375 $70,000
450
10,500
NYCofASugEx. 344
4,250

NY Curb Exch—
Baltimore Stk Exch

550

76

900

"600

139

4,000
3,500
1,800
2,500
6,000
350
5,250
1,500

3,500
3.100

125

125

"125

1,500

1,500

1,800

41

69
66

Kan City (Bd of Tr)

15.000

213
81

.

117M
108 M

15

76"

76 M

98

100%
77
92
90 M

76"
81
77

2626 M
66M

76 M

Milw Grain A Stk.

Minn Ch of Comm.
Minn-St P Stk Ex.
Montreal Stock Ex.
New Orl Cotton Ex
New Orl Stock Ex.
Phila Stock Exch

Pittsb Stock Exch.
St Louis Exchange.
Salt Lake Stock Ex.
San Fran Stock Ex.
San Fran Curb Ex.
Seattle Stock Exch 1
Seattle Curb A M.

186
523
19
t/80

Toronto Stock Exch

35
33
86
68

Washington Stk Ex
§ Wheeling Stk Ex.
Winnipeg Gr Exch.

2,500

4,500
3,500
2,000
5,000

5,000

1,250
46,000

500
70

1,500

200
115

850
1,000
1,100
500

900

1,150

175

45
49
69
72

i"666
400

1,250
1,500
750

18,000
4,800

36

300

250

113
40
13

85,000

65,000

500

500

§1.000
6,500

463

k l<ast sale,

'

900

J

85"

f This price includes accrued interest,

•

65

Cement 6s '38-AAO /
/

Detroit Stock Exch
Ft Worth Gr A Cot

84

•

Wise Lime A

Los Ang Stock Exch

/
/

101M

JAJ /

A 1930--

Cleveland Stk Exch

117
108 M

f

-

97
78 M

Boston Stock Exch.

100

United Gram Growers Ltd—
5s series A 1948
JAJ

Basis,

ser

Secured 6s 1945-.
MAS
Wilcox Oil A Gas 6s 1945—
JAJ
Wilson A Co 4s ser A1955—JAJ
Conv debs 3 Ms 1947
AAO
Wilson Line 7s 1945
Winslow Bros A Smith—

34

89

b

5-year 7s

32

United Oigar-Whelan Storesr—
S f 5s Oct 1 1952
Ai

mm.

15M
39

Certificates of deposit
/
Pr lien A coll 7s Jan 1935.MAN
Certificates of denosit
f

N Y Cotton Exch..

100

1952—MAS

65

38

White Sewing MachineDeb 6s 1940
MAN
Wickw Spencer Steel 7s '35--JAJ

46"

106 M

t Price of Wheeling Stock Exchange memberships are fixed,
prices,
t Sale price.
V 80 seats, 70 members.

IstMsf 4Mb ser A 1960—FAA
Whitaker Paper 7s 1942
MAN

Chicago Bd of Tr. 1.549
Chicago Stock Exch 372

96

United Securities Ltd 5Ms 1952..

West Chain Stores 6s ww'39 MAN
Western Fuel Corp 7-4s '50-MAN
Western Newspaper Union—
Conv deb 6s 1944—
_FAA
Western Steel Prod 6s A '48.MAN /

42

8

65

70M
68 Vs

N Y Stock

65

1945—JAJ

Disinfecting 6s 1940--JAJ

....

52

41M
41M

L

Certificates of deposit..
Conv 6s 4th stamp 1950—FAA
UnifiedDeben OorpSs 1955Union Compress A warehouse—
1st 2M-4M8 ser A 1942—JA
1st 5s 1943-1951
JA
Union Oil Co of California—
6s May 1 1942 ser A.
,FAA

103 H

EXCHANGE SEATS

Ulen A Co—
Conv 6s 3d stpd 1944

9M

36M

4s series A 1946-1947—-JAJ

106"

90
29

M

Wither bee Sherman Inc 6s 1944..
Wood (Alan) Ir A St 6s 1944. AAO

101

89 M

35

5Ms 1943————MAS
107 M

—

7M

88 M
100
90
15

Debenture 4 Ms 1945——JAD
Wheeling Steel Corp—
•

101

86 M
101M
-60

40
42

36
14 M

47" Weyenberg Shoe Mfg—

47"

:

35"

25
35
40

MAS

75"

United Amusement Corp—

,

MAS

West Indies Sugar 6s 1947--AAO
W Va Coal A Coke 1st 6s '50.JAJ
W Va Pulp A Paper 4Mb '52 JAD

80
125

101

Tomahawk Kraft Paper—
1st 5s (with stk) 1951
AAO
Trask Timber 1st 3s 1944... JAD /
Turner Glass Co 1st 6s 1939. JAD

—

8cripps (E WT deb 5Ms 1943 FAA
Scullfn Steel Co—
1st conv 3-6s w w 1951
AAO
3-6s without warrants *51 AAO
Securities Accept Corp 5s *46 JAD
Seneca Copper 7s 1933—
JAJ
Servel Corp 5s 1948..
JAJ

Warren Bros Co—
Conv s f deb 6s 1941

-

Stamped (July 1933 coup on
Guar s f 6Ms 1946 ser B..AA

_

Warner-Quinlan Co 6s 1939-MAS /
Warner Sugar Corp 7s 1939-JAJ /

35

99

—

West

91

/

'45-..MAS

27 M
8M

1st 7 Ms 1943
MAN
97
Wabasso Cot'n 3M-4Ms '51 FAA
102
Walker (Hiram)-G A W—
Deb 4
1945JAD
103 M
Waltham W'tch A Ol'k 6s '43 JAD
100
Walton Lumber 1st 6 Ms *41 Q-Jan /
60
Walworth Co 6s s f deb 1955-AAO
76
20-yr 1st mtge 4s 1955
A&O
69
Warner Bros Pict 6s 1939
MAS
66 M
Warner Co 1st 6s 1944
AAO
64

29

67

102 M
Ticonderoga Pulp A Paper 6s *40
Tide Water Assoc Oil 3M» '52JAJ
101M
Tietz (Leonard) 7 Ms x-w '46-JAJ /
23 M
Tilden Lumb A Mills 6Ms'46MAS /
25
Tokheim Oil Tank A Pump—

Sayre A Fisher Brick 6s 1947. JAJ
Schoenstadt (H) A Son 6s 1950
JAJ

6

Wayne Coal Co 6s 1937

68 M

203

1011

Vicana Sugar Co 6s 1P55JAJ /
Victor Amer Fuel 6s 1940-FAA /
Victor Fuel 1st- s f g 5s 1953..JAJ
Va Iron Coal A Coke 5s '49.MAS
Vulcanite Portland Cement—

91

,98

MAS

Texas Corp deb 3Ms 1951.. JAD
Texas Sugar Ref 1st 6s '44..FAA

143

,

82

87

122

1951..JAJ

5s

58
55
106 M
101

QMsseries A 1951—
JAD f 31M
6 Ms series C 1951
JAD f 31M
6 Mb series A 1947
JAJ * 31M
United Stockyards Corp—
85 M
15-yrcolltr4Ms A ww'51 AAO
United Wall Paper Fac 6s 1947-.
100
Universal Sewer Pipe 6s 1938-JAJ
50
Utilities Elkhorn Coal 6« 1948 TAJ /
21M
Valvoline Oil ext 5s 1947—MAN
85
Vanadium Corp of Amer—
Conv deb 5s 1941——AAO
87
Van Camp's Inc 1st 6s 1943..JAJ
90

5Ms notes 1937—
MAS?
Warren (S D) Co—
1st mtge a f 4Mb 1952....MAN
Conv deb 4 Ms 1952
MAN

22
86

Copper & Chemical—

1st s f 6Ms ser A 1951....MAS

133
90

101M

62
50

95
Superior Steel Corp 6s 1938.JAD
Susquehanna Silk Mills—
Sink fund deb 5s 1938
JAD /
10
Swift A Co 3 Ms 1950
106 M
JT
92
Taggart Bros Co 6s 1944
.JAD
Taylor-Warton Iron A Steel—
Coil Inc 7 Mb July 1 1958—AAO /
76

Tenn Corp deb 6s ser O '44..MAS
Tenn Prod 1st 6Ms 1936
JAJ /
Term Warehouse 2d 5s '42. JAJ

4

RUeping (F) Leather 6s '40—AAO

38

Sugar Pine Lumber Co—

28*

Ruhr Chemical 6s 1948-.... AAO /
Ruhr Housing 6 Ms 1958
JAJ /

103 M

Sugar Estates of Oriente—

70

104

58
46
44M

Strawbridge A Clothier—
1st s f 5s 1948—100
MAS
Struthers Wells Titusville-rlst mtge 8 f 5Ms w w 1949. AAO
75
Studebaker Corp 6s 1945
JAJ I 62*
Stutz Motor Car 7 Ms 1937..AAO /
2

Conv deb 6s 1944 ser B

Rocky Mtn Fuel 5s 1943
AAO
Rolland Pap 1st 5M» A '48- JAD
Rolls Royce of Amer 7s 1937 MAS
Roman Catholic Church 6Ms 1946
Rom Cath Church Welfare 7s 1946
Royal Dutch Co—
Deb 4s 1945 with warr—..AAO

27
109 M
68
27

Stevens A Thompson Pap 6s 1942
Stillwater Worsted Mills—
Deb 5 Ms A1943—
FAA

Tenn

20
112
94
55
54
106
99

Webster CAC 1st g 5s '42 op MAS

Secured cum inc 3-5s Apr
Steel Co of Can 6s 1940—
Stern Brothers 6s s f 1947

Tenn

52

Riordon Pulp A Paper Ltd—
1st 6s June 30 1942—.JAD30
River Raisin Pap 1st 6s '45—FAA
Roberts A Oake (Chi) 6s '44.MAN
Roch A Pitts O A I 5s '46—MAN

90M
104

Corporation—

1st M serial 6s 1932-1942.MAS /
18

Trucking Corp 5Ms'43—JAD

—

4
18

89 M
103 M
Spang Chalf't A Co 1st 5s '48 JAJ
103 M
Spirit Lake Transfer 5s 1946.. JAJ
Springfield Ice 7s 1944
JAD /
4
98 M
Square D Co deb 53 A1945--FA A
103 M
Staley (A E) 1st mtge 4s '40-FAA
Standard Ice 1st 6s 1947
34
FAA
Stand Oil (N J) deb 3s *61-— JAI)
101M
Stand Textile Prod 6 Ms '42 MAS
A$S6Qt6(l
/ 21
83
Stanley Co (Camden) 6s 40 JAD
87
Stanley Grandad 6s 1946
FAA
83
Stanly-Rowl-Clark 6s 1946—FAA

100

98

,

37

1st 7s 1942 ctfs of
....

98

U S Finishing 5s 1944
—JAJ
U 8 Pipe A Foundry Co—
Conv deb 3 Ms 1948
.MAN
U 8 Prinf. A Utho 6s 1950—AAO

8

5

Van Dorn Iron Wks 7s June 11942
Vertientes Sugar 1st 7s 1942.JAD /
Certificates of deposit
/
Vlau Biscuit Corp 6 Ms '46—JAJ

Southern United Ice Co—
1st 4s w s 1950
...AAO

7s unstamped

'




QQ

Stinnes (Hugo) Corp—

96 M

U S Cold Storage (Kan
City)-*
1st sink fund os ser A 1940.FAA
1st sink fiind ser B 1949..FAA

U S

60

Dairy Products—
1938MAN /

10

98 M

United Steel Works (Germany)

92

w w

7

MAN

—_

Conv income 5s 1944
/
So'western Devel't 4s 1942..JAJ

At

Gtd coll trust 6Ms 1942..JAJ
U S Cold 8toragp(Chg)6s'45-JAJ

96 M

46

6Ms

Bid

Corp—
1940

U S Radiator deb 5s 1938—FAA
conv deb s f 5s 1948......FAA
U S Rubber 5s 1947 ser A....JAJ

91M

4Mb 1967

U S Bond A Mtge
Coll trust 6Ms

89

SK*
92

43

f

Starrett

_

91M

.

102

—AAO

8

Southwest

82

-

3dStampei

—I I

_

1st

86M
Purity Bakeries 5s 1948——JAJ
Quaker City Cold Storage—
35
lets 15sl953
MAN
R&dio-Keith-Orpheum Corp—
Part paid ctfs (for 6% deb and
common stock) 65% paid—
Debentur? gold 6s 1941--JAD /
70"
75
Conv sf deb 5 Ms 1947
Railway Express Agency Inc—
Serial 6s 1938 (s-a)——MAS
100M
105
Series 5« 1939-*49 fs-au MAP
44
Realty Bond A Mtge deb 3-6s '53.
91
Red Riv Lumber 5 Ha 1938.MAN
Reliance Bronze A Sieel
1944.. /
15
Remington Rand Inc—
.
20-yr deb 4Ms w w 1950. .MAP
4Mb without warr'ts 1950 MAS
Republic Steel Corp—
112
Gen mtge conv 4Ms A '50-MAS
Gen mtge 4M* ser B 1961-FAA
§2*
83
Gen mtgefc Ha ser O 1956 MAN
Purchase money 5 M* *54-MAN
i05M
96
Restigouche Paper Ltd 6s '48FAA
Revere Copper A Brass—
100H
1st mtge 4Kb s f 1956-——JAJ
93
Reynolds Met deb 3 Ha 51—JAD
26
Rheinelbe Union 7s 1946
JAJ
23
Rhine-Main-Danube 7s *50 MAS
6
Rhode Island Ice 6s 1948—-MAN
12
5s with stock 1951
FAA
Richardson A Boynton Co
Cum income 4s 1945
JAJ / 13

Schulze Baking 1st 6s

72"

_

Price Bros A Co Ltd—
1st 5s 1957-------—-MAS
2d conv deb 4s 1957---—MAS
Produce Term A Cold Storage—
1st income 6s 1958-—__JAD
Protestant Church of Germany—
7s 1946-—
AAO
Prov Paper Ltd 5Ms 1947--MAN

Scott Paper deb 3 Ms
Scovlll MfgCo 5 Ms

62 M

.

7s stamped 1947 . .
MAN
Pratt Cons Coal 1st s f 6s 55 JAJ
Pressed Steel Car Co 5s *51—JAJ

Schulco Co 6Ms 1946-

101 %

50 M

98 M
68M
...Ann Apr / 393
99
JAJ

Southern Ice Co—
1st Aref8-5s 1942
AAO
Southern Kraft Corp—
1st leasehold 4Mb 1946—JAD
Southern New England Ice—

Potomac Franklin Deb 3-6s 1953Potomac Md Deb Corp 3-6s 1953
Potomac Realty Atl Deb Corp—
3-6s 1953
Potrero Sugar—_

_

101M

15-year 3Ms debs 1951...MAS
Goal Co—

Bonds

Ask

m

1 heridan-Wyoming

82

...MAS

6% notes w w

40

'

Bid

Shell Union Oil Corp—

Pennsylvania-Dixie Cement Corp
1st m s f 6s 1941 ser A.MAS15
Pennsylvania Glass Sand Corp—1st s f 4Hs 1960.
.JAD
Fettibone Mulliken—
6s w w 1943

Bonds

Ask

n

Nominal,

r

Canadian

S

Quotations for all securities

Stocks

Par

Bid

are as near as

Stocks

Ask

Par

Dixon Mills....
Drayton Mills.

STOCKS

110
22

Eagle & Phenix—100

26
18

69

Eagle Yarn........

52

Easley Cotton Mills
7 % preferred
Efird Manufacturing
Enterprise Mfg(Ga).
Erwin Cotton....20

14
58
45
18

50c
23

6% preferred-

25"
10

60"
81
5

"yr~~

6% preferred-

Border City Mfg 100
Boss Mfg com...100
Bourne Mills
*

_.

Martel Mills
.—1
Preferred.... 8.50
Mohawk Carpet..20
Mt V-Woodb Mills
..

100

Preferred.. .100
Nashawona M
*
Nashua M (NH) 100
Preferred
.100

92
54

io"

7% preferred—...
Gafraey Mfg
50
Conv pref—10

93
34

59
97

*

85
6

95

8

57

6

Suissett Mills—.100
ich Borden Mfg
Co(FR)

*

Saco Lowell Shops
New common...*
Preferred A—..20

Preferred B

20

Sagamore Mfg
(F R)—....100
Sanford Mills.—..*

-

Gainesville Cot Mills
Glenwood Mills..

85*

Gossett Mills

60

7

6

....

...

Grante ville Mfg. .20
Grendel Mills
Preferred
20
Hamrick Mills
Hanes (F H) Knit.5

12
30
19

Hartsville Cot Mills.
Henrietta Mills—

20
15 K

4% preferred...
$3 prior pref
Highland Pk Mfg 25
6% preferred
Imperial Yarn

15*

J*
it

Industrial Cotton
Millspref

r

Inman Mills..
PreferredJudson Mills A pf100
Preferred B
100

11

40

12
43

King (J P) Mfg.. 100

17
15

Laurens O M
100
Limestone Cot Mills
Linford Mills

60
6K

75

i

27
92

3Pi
21k

______

Majestic Mfg
Marion Mfg Co
97
4K

Marlboro O Mills. .4
Mills Mill pref.. 100
Monarch Mills.. 100
Mooresville Cotton.

65*
11
11

13
13

44

Poe

195*
65*

(F W) Mfg.. 100

Rhodiss Mills 7% pf

7K

Southern Mills

6% preferred
Abbeville CM(SC)10
Acme Spinning.....

96

Alabama Mills
*
Amer Yarn & Proc

7 % preferred

.

Anderson Cotton
Mills
—100

Arcade Cotton
Mills
...25
Avondale Mills
1
Beaumont Mfg—...
7 % preferred
Belton Mills(SO).25
Preferred.
Bibb Mfg.
.100
Brandon Corp A..
Class B_........
...—-

7 % preferred
Burlington Mills... 1
Calhoun Mills.—.
Cannon Mills.....*

4
102

&K

63

100
64

70
25

7
93
98

9

96
101

4

6

68

72

75

80

25

29
4

87"

90

45"

55"

34

37

Chadwick-Hoskins
Co
10

6

8% preferred.....

92

China Grove Cot...

65

Chlquola Mfg....20
6% preferred—
Clifton Mfg (SO) 100
Climax Spinning. .50
Columbus Mfg (Ga)
Converse (D E)_100
Cowpens Mills—...
Crescent Spinning..
Dallas Mfg (Ala) 100
Darl'gton Mfg(SO) 5

95"

96
70
35
100
107
56
78
91

Rowan Cotton Mills
Saxon Mills

& Print Wks—*
Preferred
*

com

7% preferred—.
Southern Weaving..
Southern Worsted pf
Spartan Mills...100
Startex Mills
20
Sterling Spinning
Stowe Spinning—
Textiles Inc com
10
Class A pref
Class B pref—60
Union-Buffalo Mills
Common
—10
1st 7% pref...100
2d 5% pref...100

Victor-Monag Co
7% preferred—100
Victory Yarn Mills—

114
97
95

12
63

60

50
98
60

82"

61
120
28 K
25

43"
13

IK

4
48
17

IK

325*
145*
2c

3
3K
10 5*

40
33
17

6c

Copper

..25

Copper Canyon. 10c
Copper Range
*
Cornucopia Gold-Sc
Oresson Consolidated

49"
93
68
85
66

Joseph Lead...10

San Toy Mining —1
Seneca Copper
1
Shattuck Denn
5
Silver King Coal
5

"§""
75*

Sunshine Mining. 10c

13 K

United Verde Ext50c
Utah Copper Oo
10

135*

Utah Metal & Tun
Walker Mining

%
25c

IK

1

90c

1

iy
20c

405*

IB
40c

41H

REAL ESTATE TR
& LAND STOCKS
Bd of Tr Bid Tr.100
Bos Gr'd R'T Tr 100
Bos R E

a

....

Bos Stor W'h'se.100
Boston Wharf...100

a

6of|
55*

55*
625*
135c
65*

a

a

City RET (C)..500
Congress St Associ¬
ates (Boston). 100
Factory Bldg Tr.100
Fifty Associates (B).

a

....

a

....

Hotel

....

a

a

Dome Mines Ltd—*

„

Granby Cons MSA

K

IK
30c

K

Title

Guar & Trust
of New York...20

Mining—.25c

6H

Hollinger Mines...5

60*
14

88
20
38 K

109

INDUSTRIAL AND
MISCELLANEOUS
A B Stove-—.....*

Homestake Mines
common

125*

Howe Sound Co
5
Hudson Bay Min
&

Abbott

Copper

.20

20

Internatl

Mining—1

51

Warrants
Island Creek Coal.l
$6 preferred
—1
Isle Royale Cop—25

39*

Lab'tories.*

45*% convpfd 100
Abbotts' Dairy
Abercrombie & Fitch
Common .......1
$6 preferred —75
Abitibi Pow & Pap_*

Smelting.....*

21" Illinois Zinc.——*
Inspiration Cons

no «

50.
5*
66
16

11

45
1.90
17
25
33

6% pref......100
7 % preferred—100
Abraham & Straus.*
Acme Steel
,..25
Acme Wire v t c.,20
Adams (J D) Mfg..*

Jardine Mining

10
91

Kildun Mining——1
Kirkland LakeGold 1

1
Kennecott Copper.*

Adams

Express

Louisiana L'd & Ex 1

4

21K

225*

3K

4

2

25*

20

215*

Miami Copper....5

Winget Yarn Mills
Mtge 68..
Wiscassett Mills

81
127
5

Class

Mining' Corp of
87
133
6

25

5c

45*

Preferred.....100
25*
66

50
29 K

*

Agnew-Surpass—
Shoe com...

106

7Ji

Air

Associates—...1
Air Devices Corp..1

without par value




Pays accrued dividend.

f Flat price.

k Last sale.

n Nominal.

r

Canadian price.

t New

stock,

35*

o§^

20c

J*

60

315*

,_*

Preferred
100
Ainsworth Mfg....5

«r.?JPurcha8er .a,so

20

3K
6K

Aetna Brewery.
l
Aetna Stand Engine*
;

8

15

A....—..*

Agfa Ansco

$K
6K

6

Class B._
....*
Aetna Ball Bear—.1

Canada.
*
Mother Load Ooali'n
Mines....
..*
Mt City Copper

New Jersey Zinc

Rumely..*

Aeolian Co—
6% preferred A.50
Aero Supply Mfg—

Colony Oopper.25
MclntyrePorcupineS

445*

Castings com—.5

69"

Preferred.
West Point Mfg—20

175*
35
40

tigraph Oorp...l0

Advance

60

15
54
2.00

20 54

agma Copper OolO
Mayflower-Old

90

:

32
17

8K

Advance Aluminum

7% preferred
Wellington Mills..*

K
40

mj*

9K
20 5*
5K

Lucky Tiger Comb
Gold Mining
10

.

65*

30

—*

87
65
65
95
155*
76

81
55

10c^,

36

Adams Millis
_.*
Adams Oil & Gas.*
Addressograph Mul-

215* Lane Rincon Minesl
Lake Sh Mines Ltd 1
42
Lava Cap Gold Mini

"2""
45c

20

■

....

A*
10c

id"

__

Power common—6

Greene-Cananea.100

5

DEPOSIT STKS.

Lawyers' M Co
20
Lawyers Title &
Guaranty
100
Natl Surety Co.. 10

Mines

Hecla

....

Bankers Bond &
Mortgage Guar..*
Bond & M Guar..20
EmpireTitle &Gul00
Home Title Ins (NY)

Goldfield Consol

45*

5

530
16

TITLE GUAR¬
ANTEE A SAFE

Eagle Pich Lead. .10
Evans Wall Lead--*
7% preferred—100
Federal Mining &
Smelting com
10
7% preferredlOO
Golden Cycle CorplO

13
85

125

3

a

a

Tr(Boston)100

9

5
12

Chic R ETrus's. 100

Kimball Bldg Tr 100

8

22
22
42
22

a

6c

30c

25*

a

37/8

15*

95c"
3

a

TjTBosy.lOO

m Cent Bldg Tr...100

35^

35c

IB

Gold"."."—lis

2

1

5«

2K

Wright Hargreaves^
Yukon

%
1351

123

Gold Min & M„1
Cusi Mexicans.. 50c

Tunnel
and Mines com..*

..

4

2$

29

National

•

25*

So Am Gold & Plat.l
Stand Sllver-Lead-1

43c

IK

1

Clear Creek Cons—
Preferred.
.10c
Gomo Mines
1
Consol Copper... 5
Cons Min & Smelt .5

_

28

r

2I

3 5*

Carnegie Metals

100

3
99
17
43
115
18
46
45

11

25*
3

25

33c

2

135*

Central Am Mines. 1
Cerro de Pasco
*

16
26
9

81

115*
35*
35*

•

Pocahontas.....*

Teck-Hughes G M.l
Tonopah Belmont.l
Tonopah Mining—1
Union Copper Land
6 Mining
25

&Sull'nM&025*

10
7
48
36

20
8K

5

6c

;

Butte Cop & Z Oo-o
Butte & Sup
—10
Callahan
Zino-Lead
Oo
1
Calumet & Hecla—5

100

1st M 6s Jan 1941
Wallace Mfg Co
Ware Shoals Mfg 100

...

7 5*
30

5

ing, Ltd

ol*

90

11

Mining—25c

3c

115*

Black Hawk

88

14
91

Polaris

18$

}15*

Consol Mines—.1
Bulolo Gold Dredg¬

81

12
86

25*

3m

Chief Consol Min—1
Chile

72

2K

2c

65"

100

305*

i8H

6c

Bunker Hill

31"

17c
40C

295*

36 5*

63
80
98
72
73
50
37
39
55

285*

35c

St

4c

..10

Bagdad Copper

35"

55c

Roan
Antelope Min
Ltd Amer snares.
St Anth Gold M—-1

10

58
75
95
67
67
45

2K
61K

Quincy—

24
9

13c

Premier Gold M

Ariz Cornstock
1
Austin Silver Min—1
Backbone Gold——1

Woodside Cotton .20

103
50
73
87

Pond Creek

106

STOCKS
Admiralty Alaska
Gold Mining
.1

Southern Franklin
Process

106

Smelting—-1
$5 prior conv pf 25
AnacondaOopMin 50
Andes Copper M.20

100

Sibley Mfg (Ga).lOO
Smyre (AM) Mfg 10
7% preferredSouthern
Bleachery

100

12

55

.

.

100

Mining

55

61
50 c

MINING

101

95
85

29

2

Noranda Mines
.*
North Butte.
2.50
Ohio Copper of
i
Utah...
il
Old Dominion Co.25
Pacific Tin...
*
Park-Utah—

Amer shs ctfs_.10
Pioneer Gold Ltd—1

Alaska Juneau Gold

32
9

28

......

Nlpissing Mines...5

106
106
106

Altar Cons Mines. K
Amer Zinc Lead &

Riverdale Mills pref.

Riverside & Dan Riv
Common
—25

18

10
70

5
60

_

100

100

10

53
44
89

Preferred
*
Soule Mill (NB).100

100

20
37

81

100
7% preferred. .100
Perfection Spinning

125'
w*

-

Enterprise—

17

50

7% preferred

40

106

Newmont Mining. 10
New River Co
100
Preferred-100
N Y & Honduras
Rosario
.

Ask

Per share
66
62

Consol Mines...1

46

Pacolet Mfg

ft*
40

1?
78 *
105
70
150

45

1937.

9

Bid

Par

Patino Mines &

43
8

Norris Cot Mills
Orr Cot Mills—.100

Nat Yarn Mills

75*

Pickens Cot Mills
Piedmont Mfg
20

M—.100

96"

Newberry O M—100

8

37
35

7f
4

Musgrove Cotton

Saratoga Victory
Mills common...*

Wamsutta

75*

Mills—

6% preferred.....

52

20

18
15

Hanover

6

108

7% preferred

10,
28
18
48

Powdrell & Alexander
common

10

;98*
140

MARINE IN SUE
ANCE SCRIP
Atlantic Mutual—
1933——

96

7% preferred

10

Preferred
100
Penmans Ltd com.*
Preferred.100
Wabasso Cotton
*

96"

Florence Mills

preferred...1
Nonquitt M (N B)_*
Pepperell Mfg...100
Pierce Mfg
100
Pilgrim Mills
100
Plymouth Cord—100

55
20

26

2nd

Pacific Mills

63

22 K

General

Prior preferred
Hathaway Mfg..100
Kilburn M (N B)_75
Luther Mfg
100

16

Stocks

Ask

Per share

Canadian Mills

110

Serial notes
Flint Mfg Oo

10

Preferred..—.100

29
25
56

Bid

Par

Can Converters. 100
Can Cottons Ltd 100
Preferred..
100
Domin Text Ltd—.*
Preferred
100
Montreal Cottons.

Fairforest Finish Co

20

Cotton...*
Qosnold M (N B)—*

305*

7
38

Dexdale HosieryPreferred. ...100

Draper Corp......*
Farr Alpaca
100

Stocks

7?

34

Brighton Mills—
Preferred. ....100
Charlton Mills.. 100
.

193546

Ask

109

20
62

100

Carpet common.*
Preferred
...100

65
5
29

100

Spinning Co
*
New preferred...*
Pref unassented.*
Bigelow-Sanford

(Baltimore).

20

7% preferred
Durham Hosiery

Northern Mills

t.

20

Dunean Mills

TEXTILE

Preferred
Berkshire Fine

Bid

Per share

Per share

Algonquin Print. 100
American Mfg..100
5% Preferred-100
Amoskeag Mfg....*
Arlington Mills..100
Barnard Mfg—.100
Beacon Mfg
100

possible for the closing day of the month preceding the date of Issue

7

s

"I
8

K

K

Jcx-ciividend.

MARCH, 1938]

INDUSTRIAL

Quotations for all securities

Stocks

Par

Bid

Ask

&

are as near as

Stocks

Par

MISCELLANEOUS
Ask

Bid

share

Air Reduc'n

♦

Stocks

ar

30

AlbertarPacific

Preferred
50
Am Internat Corp.*
Amer-La France &
Foamite Corp
10
Warrants
Am Laund Mach_20

17

Atlas

Grain class A
*
Preferred
100
Alexander Dept Stsl
Alexander Hamilton

Amer Locomotive.*
7 % preferred-.100

22%
65%

Conv preferred .20
Atlas Powder
*

Amer Mach & Fdy. *
Am Mach & Met..*

52%

Air-Way Electric
Appliance
Albany Packing. 100
Preferred
100
Alberene Stone of Va
6

Inst common.
Algoma

14

Steel com.*

Preferred
Allegheny Steel
Allendale

Am Maize Prod
Amer Maracalbo
Amer Metal Co

*

8% preferred.. 100

58

*

Brewing

Corp

.

Dye
*

common

•

Allied Mills Inc

*

Allied Paper Mills.l
Allied Prod (Mich)
cl A conv com..25

9%
9

13%
2%

6% preferred..100
Amal Leather

1

6% conv pref..50
Amalg Sugar
...1
5% preferred—10
Amerada Corp
*
Amer Agrlci Chem(Delaware)
*
Amer Air Lines..-10
American Arch
*
Am Bakeries pref 100
Class A
*
Class B

*

Am Bank Note

14%

7% preferred. .100

_

10

6% preferred
50
Bamberg com-*

35

6%

Preferred
100
Am Beverage Corp. 1

7% preferred
5
American Book.-100

5% % conv pf.100
American Can

25

7% preferred ..100
Amer

88

American Stores
*
American Stove
*
Amer Sugar Ref.100

§P

99%
2%

19%
2%
6%
70%

7% preferred. .100
Am Sumatra Tob__*
Amer Thermos A
Preferred
50
Amer Thread pref. 5
Am Tobacco coni_25
Common B
25

28
99

l°8*

*8
54

9%
40
122

100
25

*!*

Amer Commercial
Alcohol com—20
Am Crystal Sugar 10

86%
Jan.

17

Class B

20

26

5% preferred

10

12%

Tiling Co
1
Amer Equities Co. .1
Amer Express—100
Am Fabrics, pref 100
Amer Felt common *

41

46%

"5%

5%

Class A

Common
Preferred

5

125

18

21%
58%

Am Furniture...
Am Hair & Felt

1
*

1st preferred-. 100

2d

preferred..100

67

8% preferred--100

6% preferred
50
Home Prod—1
Amer Hosiery
25
.

Amer

Amer Ice Co

46*
2

13%

?8

6% non-cum pflOO

*

6

10

;

18%
15

1%

2%

29

8%
15%

9

30

Arundel

r

1

6% 1st pref—.100
7% 2d pref... 100
Assoc El Indus Ltd
Am dep rets ord
registered ___£l

30

12%
115

Jan

22

At Nov 12

12

Rayon.*
Athey Truss Wheel 4

4

Atl Coast Fisheries.*

"4%

4

4%

5%

45
22
8

23

1%
102%
7%
10%
14

1%
109
8

11%
15

.._.*
*

50

*




n

Nominal,

r

Canadian price,

x

18%
52%
10%
7

19

"7%
1

8%

9

8

$5 preferred

*

54

58

Buckeye Pipe L..50
Buckeye Steel Cast *
Bucyrus-Erie Co-.5
7% cum pref. .100
Bucyrus-Monlghan

37%

39
18

Class A common.*

29%

Buda Co

17

8%
77

100

com

7

Mfg..*

5%
47%
4%

Wheel

*

7% preferred-.100

19%
29%
7%
1%

*

com

10
*

com

Conv preferred--* k

Warrants

k

Burd Piston

Ring-.l

Burdines Inc
Preferred

1
*

7%
5%
47%

4%

90

*

Bulova Watch

m
80

32

20"
30%
10

Oct25!

% Oct 23
5
4%
4%
6%
42

Burma Corp Ltd—
Am dep receipts.

_

Burns Bros

*

2%
1%

1

18%

Biscuit_12%c

2%
2%

45

com

1%

Burroughs Adding
Machine

75

85

Burry

Bush Term Co

3%
27%
38%
4

4%
32

39%
6

27

5*
6

10

10

ill*

19%

13*

!!*

t New stock.

*

7% pref ctfs.. 100
Butler Bros

5%

2

40

com

7% debenture.100
Bush Term Bldgs

conv

10

pref. .30

Butterick PubUs
Preferred

5%

Ex-dividend,

*

Collender

Burco Inc

4%
1%

*

9%
2%

10

*

Bunte Bros

33

Black&Decker Mfg *
Blauner's com
*

iS*
40*

5

2%
12%

5

38

Bruck Silk Mills

12%

9%

3%

__*

Bullard Co

9%
30%

*

17

51

-*
*

5
...1

7

*

55

Fdy & Mach com *

k Last sale,

2%

1

52%

96

Birtman Elec Co.-5

Without par value,

3

*

Rubber....1

49

Birdsboro Steel

*

27

1

common

Budd

65

$3 Preferred

3
26

7 % preferred. -100

50

5% preferred...20
7% preferred-.100
B/G Foods Inc
*
7 % preferred- -100

Preferred

20c
4

*

Distillery

Budd (E G)

4%
3%

57%
15%
94%

Bing & Bing
Binks Mfg

1%

*

Brunswick-Balke-

Limestone

Inc
Preferred

_

27

Bruce (E L) Co

106%

5

%

Bickfords

21%

21*
27

Brown Fence & Wire

Brown Shoe

Billings & Spen_._25

10%

31%

19%
26%
26%

100

15%

*

Beth Fdy & Mach.*

68%

common.

Brown

12

*

Preferred
Beth Steel (Del)

55

* k

94%
%

*

7% preferred--100

110%
7%

60
36

20

Brown Co 6% pf.100

Purchase warrants

b,

Assoc Laundries—_* k

16

niture common-.1

Preferred
Best & Co

50

Brockway Motor—
Truck

2

30%

*

20

5

6 Cement com..*

10

110%

6%

Bessemer

Coupon

3%
23
^

Class A pref

.50
50

common

ii

34

5

21

Berghoff Brewing-. 1
Berkey & Gay Fur¬

15%

Bristol-Myers

12

conv

Borland Shoe St

*

* k

19

Beneficial Loan Soc *
Benson & Hedges..*
Conv pref
*

39

29

80

9%

8%
9y
28% Oct. 23

British Celanese Ltd
Amer dep rets. 10s

4% Dec
60

6%

21

25
25

Bristol Brass..

6%

2

Preferred

6

Asbestos Mfg com.l
Preferred
1
Ashland Oil & Ref.l
Asroc Brew (Can).* r

10

25

5%
7

Forman

w_*

Bender Body com

5

Class A

Brinks, Inc

10%

5%
r

iin

3%
1%

*

Brown

Bendix Aviation
5
Beneficial Industrial
Loan

Corp class A-.*

Class B

7% preferred. .100
Brillo Mfg
*

20

common..25
Beatrice Cream. .25

Preferred

3%

2%
12

B

*
100

Common

7

Class

17

Bell Aircraft
1
Bellanca Aircraft.. 1
Belmont Radio
*
Belt RR & Stk Yds

8

1%
13%

23%
29%

Registered
*
Brit-Amer Tob reg£l
Ordinary bearer £1

& Cadwell

50

33

85

Briggs Mfg
*
Briggs & Stratton__*
Bright Star Elec—

20

Preferred

Bayuk Cigars..
7% 1st pref

33%

20

27

Brit-Amer Oil Ltd—

6

32

18%

8%
9%

100

Durrell

_

45%

29

"4%

Bridgeport Brass. _*
Bridgeport Mach--*

Brown

Belding Hem'way. *
Belden Mfg com. .10

A*

Common.
*
1st preferred. .100
2d

96

pref_20
Beech Aircraft
1
Beech-Nut Pack. .20

■'4&

pref..*

16%
94%

Beaunit Mills Inc.10

120

cum

Preferred

5% preferred..100
Bay State Fishing.*

$1%

4

Bower Roll B'r'g--5
Bowman Biltmore
Bondholders A.65
Bowm Bilt Hotels—

Brill

* k

1st preferred--100
2d preferred--100

3%

$2.75

•::>

1
2

*

Brewster Aeronaut! 1

2%
8%

l

& Paper A

w

%

10

Bourjois, Inc

8

Bathurst Power

$5 preferred

1%

20

1%

100

Bearings Co (Am).*

15"

c common

13

Mfg

77

7% preferred. .100
Art Metal Constr.10
Art Metal Works
5

V t

Bates Mfg
Bath Iron Wks

Beaton

*

5

Mills A
Preferred

Brager Eisenberg—1
Breeze Corp
1
Brewers & Distillers5

3%

*

7% preferred..100

5f*

Common......
Botany Worsted

Preferred

*

Bausch & Lomb
Optical com

4%

Associated

Bros

Baumann (Lud)

18

113

32

8*

106%

110

50

1st preferred.. 100

"6%

42

22

10%

11%

1%

19%

19

Bradley Knitting—

"6%

3l%

A

preferred
*
Brach (E J) & Sons *

35*

5%% pref
-.50
Barlow & Seelig cl A5

5%

Class

2

7%

18

11

Botany Consol Mills

2

Bastian-Blessing

•__*

*

15"
45

102

24%

19

17"

1

com

Warrants

Elec.10

....

9%

J*
67

11

...»

-

Steel

6

Arrow Aircraft-.—1

7 % preferred

94

1%

1
Bancroft (J) & Sons*
Preferred
100
Bankers Industrial—
Service cl A
*
Barber Co Inc
10
Barber (W H) Co.. 1

Barker

Works

Assoc Dry G'ds

7%
17%
1 %

100

18

24%
10%

4%

5

1

5% preferred.30
Aro Equipt Corp—l

Amer Hard Rubb_50
Amer Hardware..25
Am-Hawaiian S3.10
Am Hide & Leath..*

19%
7%
7%
20%
2%
3%
18%
7%

6

3%

50

pref..*
7% preferred..100
Armstrong Cork
*
Armstrong Rubb A*
Arnold. Constable.5

Corp

Boston Woven Hose
6 Rubber com.

Borne

Preferred

17%

100

Bardstown Distill__1
Barium Stainless

139%

15

Borg-Warner Corp_5
Scrymser—25
Boston Herald
Traveler Corp
*

%

£»
J*

Baldwin Rubber

Arrow Hart—

Am Fruit Growers.*
Preferred
50

88

38%

117%

i\H

44%
12%
18%

7%

30

14%

62

30%
2%

86

5

New warrants

29

40

29%

44%
12%

Borden Co

100

18%
17%
7%

Common B
Bond Stores com

1%

7% pref.
7% pref new

14

18

ib"

9%

7%

17
17

7

13

for

i?*
II*

28

1%

com

c

13%

15

6

V t

13%

46

1**
J*

90

*

_

Ask
share

26%

Bartgis Bros com__l
6% conv pref. .25
Basic Dolomite
1

10l%

Bid

Bohn Alum & Br--5
Bon Ami com A
*

65

*

Baker Chemical.

.

1st preferred--100

17%
6%

*

-

Boeing Airplane
5
Bohack (H C) com.*
Bohack Realty pflOO

35"

17

*

conv pr

Hegeman

Backstay Welt
Badger Paper Mills

.

Blumenthal (S) com*
7 % preferred
100

6%

17

39

*

7% guar pref. .100
Armour & Co (111)—
Common
5

Artloom Corp

Aviation Corp(Del)3
Axton-Fish Tob A 10
Class B
10
Preferred
100
Babcock & Wilcox.*

Bliss & Laughlln.
Bloomlngdale Bros.*

4*

9%
15%
%
4%

4%
32%
3%
1%

Arcturus Rad Tube *
Argo Oil
10
Armour & Co of Del

Socket com
*
Amer Fork & Hoe..*
Preferred
100

5

25

w

Com assented-.

26

Preferred
100
Amer Forging'.and

6% pref w
Warrants

47*
119

60

*

conv pref. _*

Print
Common

Avery (B F) & Sons

conv pf new 25

6

25

com

6%

*

1

common

4

52

*

Arnold

18

Barnsdall Oil.
5
Barnsdall Refining. 1

3%
44%

$6

A

1%

10

45%
115%

New

5 % conv pf new 25

110

106%
1%

5

Automat Vot Mach *
Automatic Washer—
Common
3
Automobile Banking
$1.50 conv pref 25

Blaw-Knox Co
Bliss (E W) Co-

7

12%
23%

15

7% preferred.. 100
Amer Wringer..
*
Amer Writing Pap_*

$6%

$5 cum prior A..*
Autocar com
10
6% preferred.. 100
Automatic Instru¬

6

10%

_

*

Par

Per

T*

100

Anaconda Wire
6 Cable com
Anchor Hocking
Glass common

Auburn Automob.I*
Austin Nich & Co..*

Preferred
..100
Baldw Loco Wks_ *

14%

100

Am Woolen Co

pref—100
Tack
*

Balaban & Katz._25

50

9

4%
6%

conv

11%

134

13%
27%
112%
16%
20%
54%

Atlas

*

29

W*

29

Archer-Dan-Midl'd *
7% preferred..100

100

Amer Distilling pf 10
Amer Encaustic

%%
20%

mann Corp
1
Anheuser Busch._20
Antllla Sugar
100
Apex Elec Mfg
*
Appleton Co—
7% preferred.. 100
Applied Arts
1
Appollo Steel
10
Apponaug Co
*
APW Paper
*

Amer Cigarette &

6% 1st pref...100
Am Cyanamid A. 10

8%

Angostura-W upper-

*

5% preferred.. 100

"8%
20
74

66%
138%

Anchor P & Fence.*
Andian Nat Corp..*

5% preferred—100

Amer Coal (N J)__25
Amer Colortype__10

}

164%

64%

Am

89%
165

Am Chain & Cable.*

Cigar Co

13

13%

49%
124%
50%

5%

Plywood

Class

Preferred
*
Amer Wind Glass—

Amer Carmel
100
Preferred
100
Amer Centrifugal-.1

Preferred

2

36*

Am Vitrified Prod.*

30
17
15
54

11%

Canadian

Chicle

14%

29%

*

6% preferred.. 100
Transformer. 10
Am Type Found. .10
7% preferred. .100

62

Properties
*
Am Car & Fdy
*
7% preferred-.100

Amer

pflOO

Am Steel F'dries

Amer Box(Board..l
A.Brake Sh & Fdy—
,__*

Snuff. .25

non-cum

83

Am

Common

Sanitary...*

7% cum pref 100
Am Republics com 10
Amer Rolling Mill 25
4% % conv pf 100
Am Safety Razor

American

6% preferred..100
Alum Goods Mfg..*
Aluminum Indus..*
Aluminum Ltd
*

.50

%

,

pflOO
Atlantic Refining 25
4% conv pref. 100
Atlas Brewing
..1
Atlas Pipeline
*

ment common

3

14'

*

non-cum

Automatic Prod
5
Automatic Refrig.10

_

Altorfer Bros—

Conv preferred..*
Aluminum Co com.*

-

n*

9%

24

*

Common
18.50
American Screw. 100
American Seal cone.
Amer Seal-Kap
..2
Amer Seating
*
Amer Ship Build..*
Am Smelt & Refg. *

16

Common
10
Allied Stores Corp.*

5%preferred. .100
Allis-Chalmers Mfg
Common
*
Alloy Cast Steel...*
Alpha Portl Cem..*

6% preferred

Stand

168

Allied Kid Co com. 5
Allied Laboratories *

28%
108

.5

50

Am Potash & Chem *
Amer Radiator &

35c

1

&

25%

4

Amer Pneu Serv
7% 1st pref

&

Distilling Co
Allied Chem

115

Class A
Class B

Alliance Realty....5
Preferred
100
Allied

34

Optical
*
Preferred
100
American Piano-

8%

10

Alles & Fisher

P

14%

1

Amer

18

en

Altentown Portland

pref

1%

*
16% American Meter
8% American News Co *

*
*

J13.60 Preferred..*
Industries
1
Cement

5

*

Atl Gulf & Wind
SS Lines

5%

7%

6% convpref_. 100

W-

100

Corp

2%

*

Stocks

Ask

Per share

79

Vot trust ctfs

Bid

share

Amer I G Chem A.*
Amer Insulator
*

com

85

STOCKS

possible for the closing day of the month preceding the date of Issue

*

50

Byers (A M) com...*
7% part pref. .100
Byers Machine
*
Byllesby class A
*
Class B-4.
*
Preferred.,^..
»

2H
9

14

8%
21%

2*
10

31%
4%

5%

15

21*
3*
35*
6

*




HJSTRIAL

Stocks

as

month preceding the date of issue

possible for the closing day of the

Bid

Par

18^

Hark Controller... 1
Hark

(D L) Co

31ark Equip Co—*
Preferred
100

22
22

llaude Neon Lt

50

18 %

1%

55

141

Cleveland

4

llayton & Lambert ♦ k
Cleveland Graphite
Bronze

4J
95

22 %

1

com

11

L055
18]
16

Mach com......4

8

4%
15%

.

J*
29%

Dlover Val'y

*

68

Preferred A
□lub Aluminum
Utensil com.

21]

□luett

11

36

Pea body
»
7 % preferred-. 100

23

□oca-Cola Co

*

Class A

*

□oca-Cola Intern. _•
□oleman Lamp &
Stove common..*

1%
,

15

Crown

12^

Peet common

*

6% preferred 100
□ollins & Aikman..*

19

105

5% preferred. .100
□ollins Co

100

4

4

Wire common
*
□olonial Beacon Oil *

91

94

23%

245-

Crown Zellerbach__5

93

94

115

125

$5 conv pref
Crucible Steel

10
90
9

80

□ol Fuel & Iron
Warrants

•

68

□olt's Patent Fire
Arms Mfg
25

if

□olumbia Baking. _*
Preferred
r

3%
3%
15%
5%

3%
4%
16%

58

60
6

6

17

29.
4

11:
93

109

$2.75

pref--*

conv

□olum Carbon v t c *

2

49

4%

72

Oompo

21

63
4

Dist-.l

coco

67

Conde

24

15%

1

13
4

50
8
3
7
7
3

5

106
7

30
15

Pub--*

Consol Aircraft

$3

1

40

120

if!
16

100.

Consolidated Oil

51
111
66

3:
3;

rcii

*

*

72

9%

4

16%

16%
90

1%

6 Co common..20

6%

14
13%
30
26%
105% Feb.
2
2%
6
6%
49
46 y

Eason

17

18"

15

25

Footwear. 1
East Mall'ble Iron25

24

5%

*

com

Gilbert Corp
Delay Stores:

20

6%
17

12%
8%
1%

15%

10

*

1%

17

3%

Mach

Class

3

5%

3%
20

6%
*

6% preferred.. 100
Easy Washing

23

9*
18

17

Preferred

155%
166
4

com

B

Eaton Mfg Co

12%
6

8

Dennison

90

5%
21

13%
6%
9%

4

3%
17%

6%
25

1%

1%

$1 Preferred
*
Detroit Compensat'g

58

Axle Corp com.-l

3

Det Gasket & Mfg—
Common
1

6% preferred
20
Detroit Gray Iron &
Foundry com
1

Continental Can..20

$4 50 preferred..*

Detroit Mich Stove 1
Detroit Harvester. 1
Detroit Paper Prod 1
Detroit Steel Prod.*
Detroit Sulphite-.10

Mot-.l

(Del)...6
(Mex).--l

Cont'l Roll & Steel '

10

Radio &
Television
.1
Devoe & Raynolds—

Cont Steel Corp.. .*
Preferred
100

Class A (non-vot)*
Common B
*

Converse Rubber..*

2d preferred

Cont Screw com.. 10

Devonian

33

Oil

Common

Dexter Co

100
10
.

*

com.

...5

Diamond Match

preferred
*
Cooper Bessemer.. 1
$3 prior pref
*
Copperweld Steel. 10
Cord Corp
5
$4

*

6% part pref
25
Diamond Shoe....*

6%% pf (ww) 100
Diamond T Motor

□ornell-Dubilier

3
Feb. 17

x

Ex-dividend.

100

Eitingon Schild

*

Th

1

Electric Auto-Lite. 5
Electric Boat
3
Elec Ferries com
»

6% preferred.. 100
8% preferred..100
Household
Util Corp
...5

Elec & Musical
Indus Am shs

10

1%
2%

2

9

9%
3%

14

Electric Products-.*

3%
20%

1%
5c

Eisler Elec Corp
I
Eisemann Magneto *

19%

8%
37
36

Electric

8%
12%

Elec Shovel Coal
Partic pref

3

21

*

*

Elec Stor Battery
*
Elec Vacuum Clean*
Electrol Inc v t c -.1

3%

39*
6*
io*
1%

Electrographic Corp
Common

3

3%

1

Electrolux Corp

Elgin N Watch
38

37
114

39
—

19%

u

12%

—

—

14

—

Ely Walker D G..25

26%
35%
15%

4%
26%
36

17%

98

6%

* Without par value.

T"

10%
rl3%
21

%
1%
19

1st preferred.. 100

preferred-.100

93" ~

Emerson Drug. .2 %
Class B
2%

Elec new_4

19%
19%
4%

Empire Sheet A
Tinplate
*
mployers' Group
Associates
»

18%

2d
4

1

15

Elk Horn Coal Corp*
6 %non-cum pref50

40

4%

Elec Corp com.-l

f New stock,

56%

Dewey&Alrhy Ghem

Special preferred.*
Cook P't & Vara..*

39

Sterilizer

Detrola

100

5% preferred...50
Educational Pictures
Common
1

Electrical Steam

partic pref 50
Container Corp
20
Continental Baking

54%
2%

18%
12

Preferred

lo
7% preferred..100

13

2

Warrants

95

Mfg—

Class A

c

Han price

$2 conv pref*
Eastern Sugar Assoc
Common

9

73

1

Electric-.2.50
De Mets Inc pref..*

A partiC--50
B partic— *

Preferred

Eastern Roll Mill..5
Eastern Steamship.*

Common.

Delta

C--100

Preferred

*

Eastern Mfg com..*
Preferred
*

105

Cont'l Oil

8%

13"

Eastern

18
35

100

Cont'l Oil

6%
10
1

35c
1.10

East Dairies Ltd

15

100

28

C0..1O

East Boston

8

7%

9%
21%
2%

134

113%
12%

1

1

8% preferred.. 100
Dentists' (The)
Supply com
10
Derby O & Ref com *

Continental

Oil

Eastman Kodak

35

118

$1.50 conv pref_20

^4

22

108

*

com

6% preferred..100

54

35

V t

Class B

Duro-Test Corp
1
Duval Texas Sulpha

52%
22%

30

c

Duquesne Brewing. 5
Durham Hosiery—

1?*

Del Rayon A com. 15
Preferred
100

Warrants

c

100

pref.

Dwight Mfg
15
Eagle (C K) pref 100
Eagle Lock
25

Deisel-W emmer

*

Consolidation Coal
Common v t C--25

V t
V t

cum

%

18*

Edison Bros Stores—

Steel

v t

deb

n-v

Economy Groc Sts_*
Eddy Paper
*

8% preferred-.100
Royal Oil .10

5% pref

Dunhill lnternat'1.1
Duplan Silk
*
8% cum pref. .100
DuPont (EI) deN

$4.50

Dailey Corp
1
Darby Petroleum. .5
Daro Corp 8% pf 100

104

*

7%

16%

*

'

68

43,

18*
20*

Bradstreet Corp.*
$6 preferred
*
Dundee Textile
*

10%

5

4

Dubilier Condenser *
Dun (R G)—

5

«.

100

Dryden Paper

%
3%
76

Ourtlss Wright, Corpl
Class A
1
Cushman's Sons—

Hammer

Preferred

12

%
2%
4%

23

$5 cum div pref.*
Consol Retail Sts-.l

Preferred

53!
121

part conv n-c A.*
Class B
*

23%

□ont Diam'd Fibre.5

3l;

%

114%

Dresser (S R) Mfg

21

8% preferred.. 100

10
16

75

106

100

18

*

LOO

.*

$7 preferred

7% preferred

*

81

11%

Preferred

*

22

A

64;

11
68

Drug..—

23%

Class B

42

18

*

5 % preferred .....
Dow

1%

Deere & Co

Cons Mach Tool uts.

Class

3li

16

Dow Chem com

37

Deep Rock Oil
& Ref 7% pf-lOOj

58

121

33

*

22

102

6 % % prefeiTed 100

Preferred

Consumers Co of 111

10

34%
31%
1%

5

preferred

Consol Textile
29

106

2 %

Class A

pf..*

Cons Laundries

Consolidated

17

%

Common

Consol

7

100

Decker(A)& Cohn 10

Cons Film Indus. .1
cum part

Douglas Shoe pf.100

Dayton Rubber Mf|

Cigar Corp..*
6%% Prior pf-100
7% preferred-100

7%

40

34%

Diatil..

Chemical. 1
Warrants

pref

Biscuit

Cons

$2

Tobacco

Davison

*
1
Consol Oar Heat. 100
conv

Consol

Cuban

Darling Stores Corp
$2 partic pref
*
Davega Sts Corp. .5
5% conv pref..25
Davenport Hos'y..*

Oongoleum-Nalrn.
Oongress Cigar
*

27

10
7% preferred. .100

Cuban Atl Sugar—
Common
10

Cutler

5

new

Nast

Cuban-Am Sug

%

10
34

1

Cuban Am Mangan 2

14

Doubleday Doran.*
Douglas Aircraft..*

8

*

145

5
11

7% cum pref. .100
•$8 cum pref

8%
%

25
Stores..*

Coal B

23

—.10

Preferred

l56"

Dominion Steel &

Driver Harris Co 100

Ouneo Press

14%

"3%

Dri Steam Valve..5

Curtis Lighting
Curtis Publish

Compressed Indus
Gases

21

Dardelet Thr'dlock *

1

t c ext

v

3%

r

Dominion Glass. 100
Preferred
100

90

69%

Shoe—

Mach

31%

30

25%
29%

preference.*

Dominion Bdge.100
Dominican Coal pf 25

36%

If*
34

H

16

Finance—

83

67

12

V

9^

110

8% preferred —10
Cunningham Drug

1

Solvents..*

sz
78

8%

19

See Invest Trusts

Com "wealth

Cum

Cummins

See Invest Trusts

□omm'l

Domestic

7

3

□omm'l Invest Trust

16

25%

29

Commercial Credit

99

25%
6%

35%

13%
33%

*

$2 preferred
24

*
100

Stores com

*

com

19%

(Jacob) Pkg—
6%% pref
100

25

*

□olumbus AutoParts

Doehler Die Cast..*

5% Preferred .100
Oudahy Pack
50

CO

□olumbia Pictures—
Vot tr ctfs com
*

21%

19

13

Hrl 0 0

Class B
2\
□olumbia O&G—

*

29%
10%

7% preferred.. 100
Crystal Oil Ref—

Preferred.

B'castlni
Sys Inc class A 2 \

Dodge Mfg

14%

4

□olumbia

23

96

Dominion

$2.25 pref w w._*
Preferred x-w
*

15%

10%

27%

Dobeckum Co com.l
Dr Pepper Co
*

4%

Crown Drug com..*
Preferred
50

37

44

Dixon (J) Cruc--100

1

24

10

13%
20%

A

2%

Dold

(Md)

Cuba Co

Development
Ordinary shares
6% conv pref

3

15%
30%

*
...*

21

28

olon

....

93%

92-

Ooliyer Insulated

9

27

26%

Colgate-Palmollve31

Class

Crown Cork Int A_*
Crown C'k & Seal.*

900

Common

12

Central

Petroleum

14%
71%

Divco-Twin Truck. 1

Jan.

1%
%

Crowley Milner
*
Prior Preferred.50

79

24%

Seagrams Ltd
*
6% pref w W-.100
Distillers Liquors..5

11%

12

100

Preferred

116

130

Dixie-Vortex Co—

5
Crocker-Wheeler --*
Croft Brewing
1
Crosley Radio
*
Orowell Publish*g..*

17

*

101

104

2

4

Creole Petrol

100

□oca-Cola Bottling
of New York
*

19

Discount Corp (NY)
Distillers Co Ltd.£1
Distillers Corp-

70

10

2%

Dictograph Prod.-2

"2%

6?g

117

100

Preferred

64%

2%

Cream or Wheat
Stocks trust ctfs.*

Lumber

33%

Dictaphone Corp..*

164

5% conv pf
100
Creamery Package *

38%

Dlorex Chemical
3

*

Dlinchfield Coal.100
Preferred
100

69

105

63%

Ooty Inc
*
Oourtaulds Ltd—
Am deprcts ord£l
Covered Wagon Co
$1.50 conv cl A.20
Cramp (W) & SnslOO
Crane Co com
25

8%
5%

Common.... _._*
lliffs Corp v t c.
*
Ulimax Molyb¬
denum Co

'

108

101

Warrants..—.—

Hobbing

Heve Tractor
*
llev Un Stk Yds..*
lleve Worated Mills

46

Per share

103

Corning Glass Wk 10
Preferred
100
Corn Prod Refg--25
7 % preferred- -100
Oorroon & Rey'ds.*
$6 conv A pref..*
Cosden Petroleum. 1
5% conv pref-.50

90

1

Bid

Par

Per share

*18

*

Stocks

Ask

Bid

Par

Stocks

Ask

Per

ire

STOCKS

MISCELLANEOUS

&

securities are as near

__nerson

......

5

35%

s

&

industrial

march, 1938]

Quotations for all securities are as near as

Stocks

Ask

Par

Stocks

Par

2

3

Transportation. .5
Baking—.5
$8 1st pref
*
General Box Oorp.l

42

43

Engineering'comll

Eureka Vac Clean.5
Evans Products
5
Ever Plastics Corp—
Ex-Cell-0 A & T---3
Exch Buffet Corp..*
Fafnir Bearing-. 25

General Cable

General Bronze-...5

*
*
7% preferred--100
Class A

Gen Candy A—..5
General Carpet
1
Gen Cigar common *

-

35*
50

7% preferred-.100

7 % preferred- -100
Gen Crude Oil--2%

1

Fair (The) Chicago *

General Electric—*

25

65*

8% preferred- 100
Fairbanks Morse

6% preferred--100

Fairchild Aviation. 1
Fairchild Eng & Aerl
Fajardo Sugar
20
Faistaff Brewery--1

Common

7%

r

6%

3%

35

205*

15%
52

56

pref--100
*

6%

.*

*
Gen Rayon A stk—*
Gen Ry Signal
*
6 % preferred -100
$6 preferred

-

Refractories--*

Gen Steel Casting—
Common
*

pref
*
Gen Theat Equipt—
conv

91

34
9

7%
66

pref A100 k

Giant Portland—
Cement com
Preferred

*

Gilbert (AO)
Preferred

*

28

Florsheim Shoe com*

Flour Mills of Am.

5

♦

li*
24

5%

5

Gilchrist Co.

*

5

6%

Gillette Saf Razor.*

(L H)
Bros

--*

$6 preferred
*
Gleaner Harvester.*
Glen Alden Coal—*
Glidden Co
*

59

4%
8%
51

15%
55
225

Foreign shs A—*

78

Co—1

Gobel (Adolf)

2%

Fox (Peter) Brew—5
F-R Publishing-—-*

26

_

Preferred

1
*
50

Worsted .50

35

11*
it*
30%
71

26

Freeport Sulphur .10
6% conv pref-100
French Investing. _*

G ossard
Gotham

103%

iJ*

100

Froedtert Grain &

8%
16%

1
15

22%

65

com

53%

A. *

$3 pref with war.*
Gorham Mfg v t c_*

*

(H W)

is
8

Silk

Hosiery com
*
7 % preferred _ 100
Gould Coupler A--*
_

Graham-Paige Mot 1
Grand Nat Films. .1

4

55

2%
1%

Fruehauf Trailer..1
Fuhrman & Schmidt

9

Grand Rapids Brassl
Preferred
5

Vara.*

8*

Brewing com
1
Fuller (G A) Co—

50c

Grand Union ctfs-.l

1%

Grand

S3

T) com. 10
5% preferred—20
Graton & Knight. .*

Grant (W

4% conv pref. 100

prior pref.*

100

Preferred

2d preferred----*

Fuller Mfg com
1
Gabriel Co cl A—*
Galr (Robert) com_l

$1.80 prior pref._*
Gray Telephone Pay
Station

10
Gallager&BurtonA 1

10

com

Gt Atl & Pac

$3 Preferred

—*

&

$6 conv pref----*

*

89

Garlock Pack
*
Gar Wood Indust—3

40

llH
6%
14%

Garylod Container. 5

48

18
II*
4%

8*
5%
46%
123%

Dock corn—-*

Great Lakes SS

$6 conv pref
*
Gardner-Denver—*
$3 conv pref—20

Kilburn—
Preferred
100
Hall Lamp com
*

$6 preferred

100
Paper

Hammermill

10

Common
cum

nref.-lOO

Hammond Instrum't

$5 cum pref
Harbisonl-Walker

*

6% preferred--100
Harrisburg Steel---5
Harris Seybold

100

Hartman Tob
10
Harvard Brew
1
Hat Corp class A..1
Class B

n-v
1
6 % % pref w w 100

Accept'ce Corp
Class A
5

*

Great Nor Pap

25

Great West Sugar. .*

7% preferred.. 100
Greenfld T'p & Die*
1.50 preferred. *
§6 preferred--100
.

*

% preferred. 10
»core

Registered sharesImperial Tobacco

12

of Canada com.-5

4%
17%
95%

41

17 H

¥'
75*

Prod-25c

Group No. 1 Oil...*
Group No. 2 Oil
1

27%
100

6%

il*
99%

Without par value,




a

Called Mar. 15 at 103.

k Last sale,

!s

75* Feb. 16
19

38

14%

14%

35%

365*

24

29%

f

104

75*

Am dep rets ord £1

Independent

25%

Pneum

Tool

Indiana Gas Ac Chem
Common

5

$3 pref
*
Indiana Limestone. 1

15*
23

2%
25

27

28
95

Indian Motocycle..*
Preferred
10

5%

22

Tndiana Pipe Line 50
Indian Refining. .10

75*

8

Indiana Steel Prod.l
Indian Terr Ilium
Oil non-vot A
*

4%

5%

1%
1%

18

21%
125%

128

8%

50

6%

9%
60

%
%
6%
3%
60

1
1

4%

77%
4

2%

15%

5%
26%

34

15%

16

7

7%

8

25

25
7% non-cumpflOO
Oil

1

Hendey Mach

*

Steel

*

Interchemical Corp *
6 % preferred. -100
Interlake Iron

*

Int.

Agricultural..*
7% prior pref. 100

Sewing

6%

w__25

Ingersoll Rand
*
6% preferred—100
Inland

Mach—10

Int Cigar Mach
Int Harvester

*

Preferred xw
Helme G W)

Machine-.—i

Industrial Rayon. .*

Industrial Silica—.*

Int Business Mach. *
Internat Button Hole

6

45*

*
(W E) com.2

10
10

2d preferred

Intercont Rubber..*

98%
165*

95

5%
3%

$3 pref

38%

Indus Finance vtc 10
Preferred
100
Indus

7

Helena Rub'stein..*

A

*

-

1st pref

75*

6

Parts Corp com.3

B

Cum pref
100
Indus Brown Hoist—

210

15*
60

Class

6%
13

Indus Accep Corp

7

7% preferred.

*
*
.

100

International
Realization

6

20

18%
91%
148
40c

8%

£1

Int Mercan Mar

*

Internat'l Metal

~8~~
26%
21

Int Nickel

50%

(Can)
*
7% cum pref. .100
Int Pap & Pow A—*
—

Class

B

O

132

-.*

Class

96

150

5

Oct.

Industries cl A__*

7

55*

Match

*

New common._15

50c

85*

New 5% pref. .100
Warrants

7% preferred-.100

Royalties

1
15

16*

Int

*

Powder__*

56

57

Internat Pulp

Hercules Motors

6% preferred--100
Herr-Hall-Marv

127%

128

100

Preferred

Petrol

*

Internat Prod

*

*

Preferred

4

14%

lOO"

100

!

Internat Radio

Int Safety Razor B_*
Internat Salt
*

100

96

Hershey Chocolate.*

43

51

*
5

91

92%
8%

Hevden Ghemical.lO
Heywood-Wakefield
25
Common
Hibbard
Spencer

36

38

Internat Shoe..
*
Internat Silver.-100
7 % preferred—100
Int Text Book
*

14

16

Int Vitamin Corp..*
Interstate Bakeries*

41%

45

Interstate Dept St's*

$4

conv

pref

Hewitt Rubber

Hilton-Davis

II*

Hinde& Dauch

65*

6 % % preferred-

Chem

Common

—1

_

*

7% preferred—100

15%

Interstate Home—

24

25

10

19

20

pref—100
Hires (C E) Co A—*

82

86

Equipment
1
Interstate Hos'y
*
Intertype Corp
*
8% 1st pref.-.100

$1%
$5

preferred. .5

conv

Class

B

*

....

Hoe (R) class A..10
Prior pref
-.65

7% preferred—.21
Common

*

Hollander (A)& Son 5
Holland Furnace. 1
_

$5

pref.._
Holophane Co

16"
9
20

Iron Fireman vtc__*

11%
23
9

?%

1%
9

8%

21%

*

22

105

14

16

_*

31

Holly Sug Co
*
7% Preferred-.100
Holt (H) & Co A..*

102

18

Irving Air Chute.__1
Irving (John) Shoe.l
Preferred w w_.25
Jacobs (F L) Co
1
Jarvis (W H» Co
Jeannette Glass

99

conv

Preferred

14%

1
*

Jefferson Electric. _*
Jefferson Lake Oil %
Preferred

18%

6

10

Jenkins Bros
Jewel Tea

25
__*

Johns-Man ville

Hooker Electro

_*

7% preferred—100

Chemical com. 100
Preferred
lOO

Hooven&Allison

.

100

80

77

Horn (A C)

com——1
Prior preferred-_5
Horn Hard't(NY)
5% preferred..100

80

95

Horder's Inc com—*

Hormel & Co com--*

Johnson Educat Bisc
Class A
Johnson Oil Ref
*

16%

17%
3%
45*
22%
100

18
5

6%
23%
Jan.

21

H oudailie-Hershe y

*

Class B

*

Johnson Tin Foil
& Metal
100
Jonas & Naumb'g2 %

Jones & Laughlin
Steel common. 100

7% preferred-.100
Joslyn Mfg & Supp.5
Julian & Kokenge—*

22%
95*

23%
9%

Common

50%

52%

5% preferred--100

86

92

10

Kaufman

22%

2%

33%
65

23"

KO Stk Yds Me. 100
Preferred
100
Katz Drug com
1

9%
20%

70

Household

Finance

Houston Oil Field
Material com

$1-50

conv

1

pref-20

Houston Oil (Tex)
Vot tr ctfs
25

*

8
20

1st preferred..100

Common

Fibre
-5

Hunter Steel com..*

6% preferred

20

n Nominal,

r

Canadian price,

St's

12.50

15%
3

80

12%

Kefth-Albee-Orph
10%
8%
70

5

5%

1%

2

5

9

10

8%

Humble Oil & Ref.
Hummel-Ross

8%

68

(Harvey) .5

Dept

Common

Kaynee
10
Preferred----.100

Kayser (Jul) & Co.5

40

Howe Scale com

Kalamazoo Stove &
Furnace com—.10

7%

conv pre* 100
(Geo C) Co—
7% preferred. .100

Keith

Keller

Dorian Color

Film

20

Kelly SpringTld Tire
Common

—.5

Kellogg Co

*

25"

of Gt Brit & Irel'd

5%

Hercules

2

Imperial Tobacco

Motor

Hudson Mot Car.

Groc

7

29

7 % class A pref-25
Hecker Prod v t c__*
Helleman Brewing-1

Helvetia

6%

Imperial Oil Ltd—*

3%

2

5

Hubbell

5%

preferred-20

Gen Alloys Co——*
Preferred. .....10

7

20

pref.-50

Green (H L) Co—1
Common

5

2%
6%
10%

*

Common

w

£1 k

Indus rets

50c

America..
._*
Hazel-Atlas Glass.25
Hazeltine Corp
*
Hearns Dept Stores

Preferred

10

8

28

Imperial Chemical

2

$7 conv pref
Hayes Body..
Haytian Corp of

Class

110
24

45

9

35c

Hein-Werner

26

30

1%

Class B

conv

1%

Illinois Brick—--10
Imco Partic Ltd—1

8%

com

$5 preferred
100
Harnischfeger
Corp
—10
Hart & Cooley
25
Hartf'd Rayon vtc.l

Greyhound Corp—

50

Gen

*

com

Preferred

12*

7

94

Hanna (M A)

Refractories

Ideal Cement

iia

7H

7% prefunstpdlOO
7% prefstmpd 100
Elygrade Fooi Prod5
Hygrade Sylvan—*
6 %s conv pref—*

11

Mfg—

Class A

100
Gr£at Lakes Dredge

Houston*

1%

Tea

Non vot com
Preferred

Gannett Co Inc—

Conv

pf-»*

cum conv

Granite City St'l..*

1

$3 convertible—*

Preferred

Raps

100

Bart & Co com_25

■_*
50

-

Preferred

Preferred

Ask

l\"

1

Common

7

Hale &

53*
86

265*

Franklin Rayon—1
Franklin Ry Sup--*

*

com

Canada

Franklin Process—*

2X

6K

$5 conv pref
*
Goodyear T & R of

Gorham Inc

Hajoca Corp-.—-*

Hershey Creamery. *

*
*
....*

Goebel Brewing
Goldblatt Bros

4%
23%
4%

Francisco Sugar—*

81*

Sugar

Class A

40%

Hendrick Ranch

--*

Rubber

ik*
22

5%

8

Goodyear Tire &

*
Fox Film class A—*

16

Globe Wernicke—*

1
*
$5 preferred.—.*

of Canada

55

7H

Good Humor Corp
Goodrich (B F)

Foundation Co

5

8%

6

Good all

$7 conv pref-—.*
Foundation Co-—-1

IVA

41*

Preferred-

6%

Heller

36

Preferred

Am dep rets
Fort Pitt Brewing-1
Foster Wheeler--10

10%

4%% convpref 50
Globe Knitting—2%

Class B

18%
18%

_

pref-—-*

$5 conv
Gimbel

Godchaux

5%

*
*

Co.

6

3

Ford Motor France

Galveston
Gamewell

26

1

Gilmer

& Alabaster Ltd-*

6%

Gilbert-Varker

Ford Mot of Can 100

Partic

A*
10c

14%

7%

ord._

Common

13
Jan. 25

41

m

Preferred
--100
Foote Burt com
*
Ford Motor Ltd—

Malt common

12
18
105

24

Gypsum Lime

Hathaway Bak A.
25%

14

96*

4%sconv pref. 100
Foote Bros Gear &

Preferred

25

39

i

Food Machinery-.10

Preferred

15*
24%
100

*

Follansbee Steel-

Class B

108

2

2?*
ill

100

Class A.

9%

18

*

Am dep rets

29

30c

*
*

Follansbee Bros—*

com

88

50
50

Giddings & Lewis.

Mach

9

9%
15

Hearst Consol Pub

25

w

15

12%

5c

Gibson Art

D & D com-—-*

New

1%
245*

Genessee Brew A—1

Flintkote Co corn..*

Preferred

87
24

Georgian (The) Inc *
8% class A pref.20

Fla Portld Cem u t s.

Preferred

9%
103%
1%
23%

4

6%
175*

Fohs Oil

24

95

cum

115

Hupp Motor1
Hussmann-Ligonier *
Huylers Inc—

13

%

39%

Potter

6 % preferred. 100
Gen Tire & Rub—5

6%

34%

30
67

11

_

First Nat Stores—*
Fishman (M H)—*
$5 preferred -.100
$7 preferred
100
Fisk Rubber Corp. 1
$6 preferred—100
FitzSimons &Connell

-

7

120

5%
*

preferred--100

$6

34%
114%

*
Gen Time Instru--*

20%

32

92

New common

10
A-100

14%

18

General Print Ink- -1

Gen

16

21*

2%
25

A6A

54%

cum

Oil

Cl A pref part—10
Hamilton
Watch._*

108

ii*

Bid

Par

Per share

&

Gulf Oil Corp

6%

119

Coal

Hamilton

87

*

Guardian

185*

*

Mills

Gen Plastics

16%
77 H

14

8% preferred.-100

Hall (W F)Print'g 10
Haloid Co..
5

preferredlOO

Class A

25

Florence Stove

18%
3%

Guantanamo Sug._*

Stocks

Ask

Per share
6

9

40%

15*
18%

Common

Firestone Tire «fc Rub

6% pref ser

40

1%

5% preferred

Filene's(Wm)Son8 .*
L Common:

26%
120
5%

45*

--*

Gen Optical pref — *
Gen Outdoor Adv't'g

&

6th Ave Coach

26"
115%

31%

General Motors. .10

Federal Bake Shops*
Preferred
30
Federal Compress

10
1 UL

Corp— *

Machinery

4%%
General

Feltman & Curme
Preferred
•
Ferro Enamel
F G Trading Oorp.l
Preferred
1
Fiat Am dep rets
Fiberloid Corp
*
Fidelio Brewery—

9%

Household Utll

Gen

*

4%% preferred 100

67

15

Common

Fansteel Metallurg *
Farnsworth Televls*
Fedders Mfg
5

►

10%
21%

63

103

Gen

Fed Screw Works. _*
Federated Dept Sts *

4

1.30

Ltd

Elec

Gen Foods

70c

Warehouse.-25
Federal Motor Tr—*

35*
10%
19%

7 % preferred--100

32

8%
127

Gen Fire Exting
*
Gen Fireproofing—*

J

6% convpref—_1
Famous Players
Can Corp com.-i
Fanny Farmer Candy

General

Am dep rets reg £1
Gen Finance Oorp.l

UH

8

120
1.20

preceding the date of !sgue_

Bid

Gfuen Watch
1
Preferred
25
Grumman Aircraft

General

_

Par

Texas common—5
General American

Gen'l Amer Oil of

6% preferred-.100
Equit Office Bldg—*
Esquire-Coronet. __1
Eureka Pipe Line.50

Co

Stocks

Ask

Per share

Per

10%

Emsco Derrick
5
Emurm Elec & Mfg
New common....
Endicott-Johnson_50

Fairbanks

possible for the closing day o fthe month

Bid

87

miscellaneous stocks

t Newjstock.

x

.Ex-dividend.

*

1%
27%

2%
34

SI*
24%

88

INDUSTRIAL
Quotations for all securities

Stocks

Par

Bid

Stocks

Ask

&

Bid

Par

5%

Class

Kendall

Mexican Petrol

Ludlum

Lukens Steel

7%
13%

Lynch

13

Inc...

Lamp A

10%
3%
1%

Class A

10%

Wire

Keystone

8

8%

Watch

Case

..16!

Kimberly-Clark

Preferred

40^
21^
%

..

42%
22%
%

7

)

15

)

5%

7

14
I

\

17

10

3

72

$5

conv

£

%

y*

8% 1st pref..-100
$2n-c div shares.*
Mid vale Co
_..*

*

*

k

*

Shirt_25

Manischewitz.

3 k 101
Feb.
2
1
5%
6%

Manning Bowman

Mission Oil
Missouri Kansas

28

Manufac's Trading 1

Pipe Tine A

3

87

Mapes Cons Mfg..*
Maple Leaf Mill
*

Class B

17%

17%
27%
12%
8%

25
12

8
15 ys

15%

4%

5

17

Lago Petroleum

52

Lake of the Woods
r

14

125

2%

2%
11%
3%

<

11

Corp.".

2

Landers, Frary &

J/I W1

»"

JL V/

LaSalle Ext Univ..

6

>

Lautaro Nitrate A.
Lawbeck Corp—

6% preferred. .10 )

Preferred
Master Electric
Math'son Alkali

2%
%
■

29

Preferred

31

10 )

15

*

17

3%

3%
20

16

r

"%
4

19

24

66

9%
1%

I

15%
34

•

%

3

90

94

Mead Johnson

>

93

95

165

166

Mellins Food
Melville Shoe

xl7%

18%

32
*

33

3%
24%
2%
9%

*

Material

4

30

2%
10%
20%

38
7

8%
6%

28%

*

com

100 %

£1*

Nat Acme Co
Nat Automotive

15^
8%

Fibres new com..l
Nat Aviation....10
Nat Baking com
1

Merchants & Miners

89

14^

Merck & Co

29

25

17%
2%

Preferred
lvv
Loblaw Groc Ltd A*
Class B
*

33

36

r

21%
20

...ergenth'ler

9%
8%
8%
49%

*

pref..*

9%

106
-

15%

jy

38

4%
12%
40%
6%

17%

wy

1st preferred-.100

175
110

2d

.

*

17%
1%
38%
4%
13

*

50

lerrimac Mfg. .100
Preferred
100

Nat Battery pref

21%
9%
54%

Nat Bellas-fless
Nat Biscuit

Scott

Messenger Corp

Jan

5

"20

4i
/to

40%
1%
Feb

$3.25 pref
letal & Thermit..

Preferred

10

112

100

"4%

41

SH
1%

18%
104%
225

115

preferred-.100
10
7% preferred-.100

Lorillard (P)

•No par value.




136

25%
32%

23

70

72
9

<70

80

38%

39

250

1H

Common

46%

131%

16%

5% preferred..100

1%

New

n

Nominal.

r

Bedford

Canadian price.

57

27 M
50c

29%

5%

6%

13%

14%

25
New Bradford Oil..5
New Britain Mach. *

92%

92%

110

New

age

70c

5

common

Preferred
New Bedford
Class A

100

74

7% preferred. .100
England Lime
*

3% Feb

II*
5%
5

17%

sy

3

24^
82

100

New Idea com
*
N J Worsted pf__ 100

New Mexico &
Arizona Land
New Niquero

*

17%
12%

SuglOO
Newport Indus
1

~f%
6

New Process Co
Newton Steel
N Y Auction

17%

N Y Air Brake

*

6%
54

13 H

N Y Investors
See Invest,

14%

10

7

8

$5

non-cum

51

102%
6%
9

11

8%

68*
?K
9

15

65

2%
12
29

10c

25c

36%

39

€
6$,

4%A
11;
9]
7]
7;

2

trust.
*

pf.IOO

Merchandise. 10
Y Shipbuilding. .1

Founders shares

7% pref

I

100

N Y Transit

48*

Nicholson File
1900 Class B

*

.1

Niles-Bement-Pond *

Noblitt-Sparks

5

24%

North Amer Car

44^

50

7y

10

$6 preferred

20
*

North Amer Cement
Common
1
Class A pref
1
Class B pref
1

4%
9%
12%

i§*

4%
8%

8%

North Amer Rayon
Com class A
..*
Com class B
*

53

BS*

6% prior pref..50
No Am Refractories

19H

22

19%

19*%

Class

A

...._»

Class

B

*

6% %preferredl 00
North Cent Texas 5
No European Oil—1
North German
Lloyd
25

17^

Nor Paper Mills...*
North Pipe Line..50

8%
11%

8%
llVs

N'west
N'west

lj%

15

56

43

10

11

1

64%

23

Noma Elec Corp
1
North Amer Avia__l

5

12
8

48%

*

70

4%

100

17%

65

4

90

*

N Y Dock

N

6%
7%

12%

22%

17

N Y

50
102

10%

*

49

12%

2?*

New Hav Cl com.25

6H% pref

23
78

11%
117

Rayon

units

3h
I
8%
2%
26

33;
16
36
19 J
4

9
3

28

1
3
5

21%
20

23)
22)

40

45

5

ai*
3%
%

2£*

8
3

30

3)

2%
27
14

Norwalk Tire &

117

108

112

107%

109

Nat Dept Stores... *

t New stock

105

Cord¬

55

Amer shares.
North & Judd

133

k Last sale.

*

7
45

Nat Food Products
Class A w w
1
Class B
50c
Nat Fuel Gas
•

%

Newberry (J J) Co—

sy

*

5%

6

Nestle-Le Mur cl A *

175

42

10

2%

4%

34%

109

Nat Enam & Stpg.*
Nat Fire-Proofing.5

"24

21^

180

*

7% pref class A100
7% pref class B100

Feb

pfd 100

conv

&

Nelson (Herman)__5

30

140

Preferred $7
*
Nat Cash Reg..
*
Nat Container (Del) 1
Nat Cylinder Gas._l
Nat Dairy Prod
*

17
6

50

Neptune Meter A__*

36%

11

com

9]
37

8% preferred.. 100

36%

1
10

34
15

48

154

x6% preferred

9j

45

*

10

Nat Dist Prod

3%
2}

9

*

152

Nat Casket

85

*
1

7 % preferred. .100

30

'

com

6%% pref A100

„

*

*

100

National Bronze &
Aluminum Fdy__*
National Candy._.*

8

26

1

6% preferred.-100

115

lerritt, Chapman <S

9

50
108

Lino.*

Merrimac Hat
Preferred

20%
10%

Locke Steel Chaln.5
Lockheed Air Craftl
Locomotive Firebox*

100

6% preferred-.100

22

r

com

Spec cl A
Myers (FE)& Bros.*
Nachman Springf
*

Narragansett Rac'g 1
Nash-Kelvinator
5

3%

Transportation
*
Merchants Refrig__*
Preferred
100
_

100

22

17
2

Brothers

Long Bell Lum A—*

111

Muskegon Motor

Merchants & Mfrs

-

*
100

Preferred

Mercantile Stores. _*
Preferred
100

28

3%

Nehi Corp com
Neisner Bros

100

Murray Corp
10
Murray-Ohio Mfg.*
Muskegon Piston
Ring com
2.50
Muskogee Corp
*

_

*

*

5% pref.

*

Sec Co class A.l

]

pref

Murphy (G C)

10

$2 Par tic pref

conv

Preferred

11

13

20

6% preferred...
Liquid Carbonic..

$7

\Tunsingwear Inc..*
Murphy VarnishlOO

80

13

1

Class B

IK

23

Lipton (Thomas J)

Lord & Taylor

slU

Mengel Co
1
5% conv 1st pf.50
Mercantile Credit. 1

40

6%
22%

Mueller Brass Co..l
Mullins Mfg Corp—

53

27%

*

21

$5.50 pf s«* B ww*

27

Corp. .5

Mount'n & Gulf Oil 1
Mountain Prod
10
Moxie Co class A
*

9%

62

5

)

:

Pub.

Mot Wheel

27

90

Nebel (Oscar)
Preferred

P-

87%

k

common
5
Conv preferred..*
Motor Products
*

100

Preferred

(Philip)

Corp

71%
13%

referred serA*

8

7%

r

McGraw-Hill

.

2

Llbbey-Owens-Ford

McCrory Stores
Conv 6% pref. 100
McGraw Electric.. 1

22

%
9%

Navarro Oil

Drop For A.*

Amer shares
Motor Finance

~2%

71%
21%

Nazareth Cement-10

IM

Preferred
10
Morris Plan Indus
Bank
25

11%
90%

57%
16%

2

Cotton

Morris Plan com 25c

B

% McKeesport Tin
Plate com
10
27%
69
McKesson-Robb'ns 5
10
$3 conv pref
*
3
McKinney Mfg
*
16% McLellan Sts com.l
6% conv pref. 100
2%
34% McQuay NorrisMfg*
McWilliams Dredge*
*
3% Mead Corp com

26%

1

cum

5%% prpref—100
$2 10-yr pref
40

16

56%

Nat Tea common..*
National Tool
1
Nat Transit
12.50

Morrell(John) & Co*

Preferred
100
McCord Rad cl A_. *

12

%

3

$6.50

35c

11H

Preferred B
100
Moore (Tom) Dist.l

*

26%
9%

9%
9

3

Loew's Inc

25c

part pref
Moore Corp com..*
Preferred A
100

Morris

Oil Co

-25%

*

Lit

7% preferred. .100
6% prior pref. 100
Nat Supply- (Pa)..10

Mtge Bk of Colombia

I
I

Class A

14

4%

*

McColl-Frontenac

5

Line

13

8*

60
23
41% Feb 25
50

21 %

National Supply—

7

Moody's Invest Serv

Warrants

Class

^preferred..

15

Nat Standard

4%%

18

16%
101%
%
3%

1

7

541

10
Nat Steel Oar Ltd.*
Nat Steel Corp...25
Nat Sugar Refg
*

14

& Co Ltd
10
Morse Twist Drill
6 Machinery_-100

3

Savers Corp..

$6 preferred-..100

29%

6%
50%

*

Refining pref- -100
McCall Corp
*

*

Life

114

*

Class A

McCahan Sugar

Lehigh & Wilkes-

Le

1*

Naumkeag Steam

1

*

Leland Electric

%

62

24%

16
*5

3

convp

*

28 %

.

12M
4%

14%

25

*

Conv part pref..*
Nat Shirt Sh Del..*

105

$4.50 pf ser A. 100

*

9

3%
4%

Nat Service Cos

Nat Union Radio
1
Natomas Co
..*

Common

Maytag Co
*
1st $6 pref
*
$3 cum pfw w ._*
$3 cum pref x-war*

2%

Nat Screen Serv

8

14%

5

cum

£*

Montgomery Ward

Moore

jy
24

22

80

A

6%

*
*

...

100

I
I

4% conv pref.
Lehigh Valle«r Co

$7 preferred.
Nat Rub Mach..

$2.50

5
Conv pref

5%% preferred. 10
Radiator
♦

25

Preferred

7 % preferred- -100
May Dept Stores. 10
May Hosiery com.*

21*

61

Monroe Loan Soc A1
Monsanto Chem__10

1

18%

Nat

Monarch Mach T'l *

*

Lawrence Portland
com

3%

Monroe Chemical..*

100

73

5% preferred. .100

Nat Print & Appli.l
Natl Pump com
*

11

3
16

Monogram Pictures 1

Martin Parry Corp *

100

l£
7

Voe

-

Common class A_1
Martin (Glen L)
1

95

65%
2%
%

45

'

18

Type—

.

Modine Mfg com
*
Molybdenum Corp l

*
5% A conv pf.IOO
Mass ey-H arris
*

26

4%
77

Lanston Monotype
Machine Co..10

Cement
Leath & Co

Marine Midland—
See Invest, trusts.
Marlin Rockwell
1
Marion St Shov
*

Masonite Corp
24

/ (J

Common
Preferred

100
Marshall Field & Co*
Mar Tex Oil vtc
1

15

)r

9

100

Preferred

Milling

Lanatin

Partic pref
Mock Judson &

Margay Oil Corp..*

£ >

40

5%% preferred..*
Nat Paper &
Common

National Pressure
Cooker com
2

9%

Mo Portl Cement.25
Mitten Bk Secur._25

Preferred
100
Maracaibo Oil Exp. 1
Marathon Paper. .25
Preferred

18"
21%.
2%

79""

1%
7%

1

Kresge (S S) Co—
Common (vot).l )
*
Kress (SH,«
6% preferred—1 )
Kreuger (G) Brew.
Kroger Grocery &
Baking common.
Kysor BTeater

103

70

5

6 Co common

70"

21%
2%

Steel Castings.--*
Nat Mfrs &Stores.*2

14

75%

1

3

Laclede Steel

95%

Regulator
*
4% pref ser B
*
Minn Min & Mfg__*
Minneap-Moline
Power Implem *
$6.50 cum pref,.*
Mission Corp
*

*

pref

55*
13

Nat Oil Products..4

Minneap-Honeywell

Manhattan

132%

92

9%
26%

Supply common.*

1

162

131

Nation'1 Malleable &

%

7

Miller (I) Sons com *
Pref 6%%
100

Manh-Dearborn

82

3

26

Miller & Hart—
Conv preferred..*

Common

158

preferred-100

6%

Midwest Piping &

Mangel Stores—

"8"

7

3

19%

2'i

Scrip
Mid-West Abras_50c
Midwest Oil—__10

Mandel Bros Inc..*

100
100

National Leather. 10
Nat Licorice com 100

*

pref

New common

9

6

*

2%

*

7% pref A
6% pref B

5

Products com.*

Warrants

4%
16

88*

im

Oil Corp—

conv

7% preferred--100
Ctfs of dep stmp

55

.

W

12%
22%

o

Nat Lock Washer.20

*

$2

1

com

Preferred

87

2d non-cum pf. .20
National Lead
10

Midland Steel

Television com__l
Mallory (P R)..
*
Manati Sugar—100
Ctfs of dep stmp

4

ll*

*

Midland

Majestic Radio &

15%

48

►

Razor

Natl Gypsum com.l
1st 7% cum pf.IOO

Pet—

Class A vtc

Macy (R H) Co Inc *
Mad Sq Garden __*
Magazine Repeater

8

25

1

com

States

Class B vtc

*

2%
2%

2%
1%
15%
14%

Products

*

Co

Per share

7M

4*

Mid-Cont Petrol. .10

MacMlllan

common..

SH

10

Middle

Ask

Bid

%

*

Sugar

Preferred

Mack Trucks Inc..*

Par

278

1

1

6% preferred--100
Macfadden Newsp.*

2%
4%

Stocks

Mlckelberry's Food

Macfadden Pub—*

Keystone Steel &

1

MacAnd & Forbes 10

4

3

Michigan

5

Corp

Ask

-_1

Mich Steel Tube_2H

1
50

Steel

85"

Ken-Rad Tube &

Kerlyn Oil cl A__.
Keyes Fibre com.

*
100

Preferred

5%

8%

$1.25 conv pref.

Refg_*

Ludlow Valve

STOCKS

Per share

Mich Bumper
Mich Gas & Oil

82

Kennedy's

Bid

Par

Loudon Packing—- *

6%% conv pf.IOO

'8

5

Corp com

Stocks

Louisiana Oil

6%
100

7%

Ask

Per share

Per share

65%

MISCELLANEOUS

possible for the closing day of the month preceding the date of Issue

are as near as

2%

2%

%

%

14

14

Agene

il*
48

#

36

#

37]

I*

Nu-Enamel
1
Nunn-Bush Shoe 2%
Ogilvie Flour Mills.*
Preferred
100

20%
3%

23)

29"

29)

50

2H

...*

7 % preferred- ..50
Norwich Pharm
5
Novadel

22
20

*

Yeast...100

Rubber

6%

S

Engine..

10

17)
33
16

148

151)

MARCH, 1938]
Stocks

Bid

for the closing day of the month preceding the date of issue

Pfeiffer Brewing—*
Pharis Tire & Rub.l

7
3%

lh

1&

Phelps-Dodge
25
Phila Dairy Prod--*

27
2)4

27H

60
11
165
94

6 preferred
*
Phila Insul Wire—.*
Phil & Read O & I-*

7X

13%
107

BH
63

9)4
145
91

100
6% preferred..100
Oldetyme Distillers 1
Oliver Farm Equip.*
Warrants
Omnibus Corp.,
*
See Public Utilities
Oneida Ltd coml2 )4
common

§4 preferred

2X

3?g

3V
2

Phillip-Jones Corp.*
7% preferred-.100
Phillips Packing—.*
Phillips Petrol
*
Phoenix Hosiery. -5
7% preferred--100
Pick (Albert)
Preferred

25

28

17
29

Onondaga Pottery.*

20

12
6X

15
7

25 '

8%
30.

_

6% preferred. .100

IX
21

122)4

Otis Steel
*
$5.50 conv Istpf-*

com.l
—5

.5

Pkge Corp.

Pierce Arrow Motor
Oar Corp com—.5
Preferred
5
Pierce Butler Rad-5
Pierce Governor
*
Pierce Oil Corp—25

2X

21%
130

32c

Pilgrim Explorat—1

11X
23

15

PUlsbFl Mills com.*

46

Pines Winterfront-1
Pirelli Co of Italy
Am shs 500 lire—

3)4
55

5)4
56
8

7

80

jprefearence^IZ I *
Ozark Corp.......*

43)4

46"

Pac Amer Fisheries 5

-9"

Pitney-Bowes Post.*
Pittsburgh Brewing *
Preferred—..._*
Pitts Coal (Pa)—100
6% preferred--100

9)4

$5

Pacific Can.
*
Pacific Coast Co..10
1st preferred....*
2d preferred....*

7X
3%

IX
3%
17x

1

49x
6x
3
25

ex
35

5)4
32

7X

8

Pitts Screw & Bolt.*

4

Pittsburgh Steel—*
7% preferred.. 100
f 6x% Prior pf-100

654
80)4
754
12)4

4)4

5% preferred.. 100

4%

Pittsb Term Coal.

6

_

2

24

854
8

,

8154
8
13

Pan-American For¬

(Thos G)
7% 1st pref— .100
Pleas't ValWine Col

Class B.
.1
Pan Amer Match.25

.-*
5

Plough Inc...
Plymouth Oil

Pan Am Petrol &

Transport ......5
Pan-Amer Southernl

.

Pocahontas Fuel. 100
Preferred
100

Pollack Mfg..—.*
Poor & Co class B—*

Panhandle PAR..*

8% conv pref.100
Pantepec Oil Co
1
Pantex Pressing
Machine common *

Gift

*

A

KB

*
*

Class A
Class B

Paraffine Co Inc..*

Potrero Sugar—5
Pref stamped...5
Pref unstamped .5

4% conv pref.100
Paramount Motors *
ParamountnPublix 10
Paramount Picturesl

Potter Co com....1
Prairie Oil & Gas .25
Pratt & Lambert--*
Prentice Hall
*

6% 1st pref—.100
6% 2d pref
10
Parke, Davis Co..*
Parker Pen
...10
Parker Rust Prf.2H

conv

*

pref

Pressed Metals Am.*

ix
18

8

x

x

Inc.!
Rig &

8
19
42

7% preferred--.-*

Peabody Coal B...6
6% preferred—100
Peck, Stow &WUc 10

Weighing &
Vending com
1

Peerless

Pender(D)Groc'yA *

100-

6x
10x
14x

Penick & Ford-—*
Penney (J O) Com.*
Penn-Oentral Air..lines Corp..
1
Penn Coal & Coke 10
Pa-Dixie Cement--*
7 % conv pref A—*
Penn Electric
Switch class A.. 10
Penn Federal Corp.*
4 X % preferred .50
Penn Glass SandCommon v t c—*
$7 conv pref
*
Penna Industries...
Units
...100
Penn-Mex Fuel....2
Penn Salt

2x

254

P

Chern..

14%

Mfg—50

Penn Vy Crude Oil—
Class A........6
Class B
lc
...

,35
4H
144

Perfect Circle—.—*
Permutit Co—1
Pet Milk—
*
Pet Corp of Am—5
Petrol Conversion. 1

common

30X

3

IX

33""

RandaU Corp pt
Class B—
Rath Packing

1

5% preferred

~2x

1654
9x

ix
49 x

9

139
14 x

ix
3x

18
12
r

10c"
%
x

*

65
14

2)4

7x
14x
33 x
754

*
*

12
26

Rayonier lnc com. . 1
$2 conv pref-..25

1454

16)4

24

26

Preferred

Raytheon Mfg..50c
6% preferred
.5
Real SUk Hosiery

2)4
ix

1

Mills common.

.

.5

3X

4

100

35 x

4x

6)4% pref-.--100

Without par

value,




Jt Last sale.

»

Nominal,

r

19
2

r

Ruberoid Co——--*

20)4

Russeks 5th Ave.2 x
Russell Mfg— —50

30

5

8x
36
1

15

3)4

77)4
18)4
75x
80

101)4

iF
r

46)4
8)4
2

25

26)4

45

48

\\%

Warrants

Rights.

AX

....—

16
37

IX
102

24

27

87
88)4
Feb.
7
5% Pf ser AAA 100 k 108)4
15
15)4
Sher-Wms Can....*
.100

Preferred

105

Slgnode Steel Strap's
*

12)4
23 x

Common

ex

*

126

13)4
31)4
ex

Slmmons-Boardman

18)4

20 X

20 X

21)4

k

preferred.—*

1.30

Simmons Hdw & Pt

—*

Common

lH

18H

19)4

38

*

45

Simon

(Franklin)
pref—100
SlmpUcity Pattern-1
Singer Mfg
100
Singer Mfg Ltd— £1
■Uoux City Stock
Preferred..
Sirian Lamp

4

240

5)4

i°9*

llH
4*.

com..*

Sivyer Steel Casting

lly*>

15

28)4

29 X

92

.15

Skelly OU.

4)4
245

4)4

*
-*

3

4654

94X

ex
60
62

65"

97

17)4

98
19

13
12
75

2154
554
33

854
3754
2

20
4

ix
78)4
18)4
80
88

103 x

"e"
18

Typewriter vtc- - *
Smokers Match...*
Smyth Mfg......25
Snider

14
85

11)4
15 x
2M

Packing..—*

Socony Vacuum..15
Solar

Mfg Corp—..1

Sonotone Corp
1
Conv preferred—1

9)
15c

Warrants—
Mfg common.l

South Bend Lathe
Works
-.-5

iex
27

lr

4X

■a#
132)4

Spalding (AG)&Br.*
7% 1st pref
100
Sparks-With'gt'n Co
Common....—.*
Spear & Co
—*
$5.50 preferred—*
Spencer Kellogg—*
Spencer Shoe—-1*
Sperry Corp v t c—1
Spicer Mfg Co--—*
$3 conv pref A...*
Spiegel Inc com...2
$4.50 conv pref—*
Square D Co
1

4H
6H
38H
25

U

142

South Shore OU &

38

76

4)4

,

8% preferred-100

23

k

15)4
3x

Southland Royal..*
South Penn Oil-—25
So Porto Rico Bug-*

63)4

12x
15x

20
71

South Coast Corp—1
Preferred..—100
Southeast Exp.. 100
South Dairies A...*
Class B
-*
South'n Pipe Line 10

14)4

'5x

Soss

18

Development
6

33

3)4
58

2X
98

3
59

254
103

21)4

22

90

5

1554
30

31)4

154
2454
83 x
10)4

25
85
13

2

100

"~x

5

t Ex-dividend,

5
20)4

——

S'west Pa P L-—-50

4

•

t New stock,

17
60

Smith & Corona

114

75

Savage Arms
— *
Savannah Sugar— .1
Savoy Oil..—
-5
Schenley Distillers_5
5J4% pref- —-100
Sch in Co com
*
7% preferred- -100
Schulte Real Estatel
Preferred
.100

T«

—*

Sheaffer Pen

62)4

95

Canadian price,

17

Dec
42

107-

$2.50 conv pref—*
Ryan Gar com.
*
Preferred
100

8)4

6% cum pref—100
Skenandoa Rayon.*
5% preferred—100
Sloes-Sheff S & O 100
$6 preferred—100
Jmith (A O) Oorp.lO

67

of N Y ord shares

Rustless Ir & Steel.l

45-

Common...——*

10

-

4)4

Preferred...—..*

x

5x
23 x
2x
28x

3%

1

3)4

8)4

58

Red Bank Oil
*
Reece Button HolelO
Reece Fold Mach.10
Reed Roller Bit
*
Reeves (Daniel)... *

•

3iK

4
16

SheU Transp & Tr £2
Shell Union OU—.*

Yards com..

Root Petrol Co

Units

15
36

2

26 x

23
13

2

23

7%_pref vot

Petrol Derivatives.*
Petrol Heat & Pr—*

ix

854

Royalite Oil Ltd.—*
Royal Typewriter.*
7% preferred—100

58

Co 7%

m

Ryan Cons Petrol.*
Ryerson & Haynes.l
Safety Car H & L100
Safeway Stores—.*
12
5% preferred.. 100
96
6 % preferred- -100
9x
7% preferred-.100
100x St Joseph Stk Yd 100
St Lawrence Corp.*
140
Preferred
50
1554
154 St Lawrence Flour
MUls com
100
354
St L Nat Stk Y
*
25c~ St L Rocky Mt &
Pacific Co.. 100
Preferred
100
x
x St Regis Pap com..5
Preferred
100
3)4 Salt Creek Prod--10
Samson United....1
70
Sanborn Map
25
16
Sangamo Electric..*
3
San-Nap-Pak com.l
23

18
21

Pile common

3x

3

Rossia Int Corp...*
Royal Dutch Co

45

lex

$5 conv pref....*
Sharp & Dohme
*
$3.50conv pref—*
Shattuck (Frank G) *
Shawnee Pottery.-1

Common

25

Ross Gear & Tool—*

IX
2X

simms Petroleum. 10

12

1

3$

15 J?
110
5

Simon Brewery.
Simonds Saw & Steel

■»*

common

ex
98x

A"

7*

1454

1

7% preferred—100
Seton Leather
*
Seversky Aircraft—1

2*0*

15)4 Feb.18

...

Sentry Safety Con.l
Serrick Corp cl B_.1

il*

J*
24

Rubber.*
Preferred...—100
Selby Shoe....
.*

Pub

90

$1.20 conv pfd.20
Rose 5 10&25c Store

1
10

.50

Seiberling

Simmons Co...—*

Roosevelt Field..—5

29

14

Segal Lock & Hard¬
ware com....
1

~

9

26
14

40

18

100

40
47

15x

ol7/°
2

Roeser & Pendleton *

22"

64X

35

*

SUex Co

16

*

26)4

Seeman Bros—

9

100

25)
4)

$2.50 preferr ed_30

8

Rockbestos Prods—

Preferred

24

64

86

A*

23

22

& Hoist-..—..25
Sherw-WiUiams —25

12)4

7^

6]
21

$2 conv pref
*
Seaboard OU (Del).*
Seagrave Corp.
*
Sears, Roebuck..—*

5)4% conv pf-100
Shepard NUes Crane

2x
3X

8)4

5J

3

P)
7% 1st pref—100

Rockwood & Co

10
Raybestos-Manhat. *
Raymond Concrete

U2 X
45

28)4

100
A.*

25
*

37
44

354

....

preferred

4

......

Peoples Drug Stores*
6% conv pref..10
Pepsi-Cola
.*

Railways Corp
1
Rainbow Luminous
Product A.
*
Class B com
*
Ralston Steel Car...

39)4

29

Common—..*

7X
102

ix
7x
20 x

Rogers Majestic--*
Rogers Peet
100

New com w i...

115

7
ix

Rollins Hosiery—..1
Rome Cable Corp.5

6x
11x
95 x

Radio-Keith-Orph. *

O

17

90)4
8)4

84)4

ix

32 x

Rademaker

10)4

—

9X
20X

*

6% preferred—100
Purity Bakeries—*
Pyrene Mfg
10
Quaker Oats...—*
6% preferred-.100
Quaker State OU—10

Q

57

ix
2X

Myers..*

Preferred

1

S

Punta Alegre Sugar *
Pure OU Co
*

Penn Sugar
20
Penn Traffic....2X

Units.....

....—*

Inc

87

38

Rochester Button._*
Preferred
..100

6x

Preferred.

Robbins &

15

com..*

Pullman

8

$5

25

Shamrock O & G—1
Sharon Steel Op
*

Robinson (Dwight

5x
37
115

Timber

iex
85X

Ritter Dental Mfg.*
Riverside Cement—
Class A.—.
*
Class B_.
*

ex
iox

%
ix
ex
40
118

....*

Class B

82)4

9 3y£

*

Robertson 'HH)

120"

-

Preferred.......*

34

81)4
62)4

Robertson Pap Box.5
Preferred
.12

Propper McCall'm—
Prosperity Co B—*
Publication Corp. *
1st preferred
Puget Sound Pulp &

Peerless Cement...*
Peerless Corp..— 8

8)4
1054
14

25

.100

8X
19x

118x

5% preferred-.100
Producers Corp. .25c

Riley Stoker..

45

Price Bros & Co.
*r
Preferred
,-100r 43
Process Corp com—
1
Proc & Gamble——*
49
8 % preferred- .100
212

Parmelee Trans...*
Pathe Film Corp..l

10

13)4

26

71

Servel Co

25

Preferred...

ix

Common..——.1

5% conv lst pf—5
5% conv 2d pf— 50

Reel common—1

64

63

7)4

24

...

Preferred

67)4
IX
2X
ex
1754

57

Richman Radiator. 1

6

4x
ix

"

Park & Tilford

pref old

Preferred

Pressed Steel Car—

Parkersburg

X
35c

61

3954
B common..
10
5)4
Rice Stix Dry Gds.*
100
1st pref
..100
2d pref
100 k 100
Richfield OU of Calif
ex
Common
....*

7%

<■»

Warrants-.....

Porto-Ric-Am Tob-~

Preferred.......*

254
5X
nx

7% cum pref—100
BX% conv pf.100
Reybarn Co Inc
1
Reynolds Metals-.*
5)4% conv pf.100
Reynolds Spring... 1
Reynolds Tob
10

39

Plant

eign Corp class A1

65
1

Preferred.
10
Revere Cop & Br—5
Class A...
.10

38

Plant Reduction—.1

16)4

x

„

Repub Port Oem__*
Republic Steel.._.*
6% conv pref.100
6% prior pf A.100
Respro Inc com...*

22

-

354
1554

30c

25
1
5

19)4

—

6
16

3)4
15)4

pref-25
Remington Arms-.*
Rem'tn Rand com.l
B rights...
Preferred w w
Renner Co
Reo Motor Car

•*

4)4

z38[

$2 cum pref ww_*

15

conv

34
33

Pitts United
Corp
See Invest trusts
Pittston Co.—-—*

f

65

1

6% preferred--100

7

A

40c
12
24

24

Pgh Metallurgical 10
Pfttsg PI Glass—25

7
5

97

Bond warrants

6

13)4

*

Pairpont Corp..100
Bros....
*
Preferred ....;—60
Pan Am Airways..5

ax

60
8

11)4

.....

Palmer

6)4
2x

$5conv pref..—*
Pitts Forgings
1

pacific Finance Corp

Warrants.
Packard Motor

48

17)4

ex
4)4
17

15

2

11

1

Warrants.......
Seaboard Fin Oorp.l

11

11

Reliance Steel..

%

Pitts Coke & Iron..*

Eastern Corn—1

See Invest trust-.
Pacific West Oil—10

35

8% conv pref.100
Pierce Petroleum..*

14

10

.

pref.50

ScuUin Steel
—

10

(Illinois)

7

B2X

43
115

6% preferred—100

.

Scott Paper.——..*
Scovttl Mfg..
25
Scranton Lace.

X
1

Reliance Elec & Eng
Common
...5
Reliance Mfg Co

4

x
X
2%
1654

10

Manufacturing. .5

1

$1.50

40

Outlet Co com....*
7% preferred—100
Overman Cushion
Tire 6%pref— -.*
Owens-Ill Glass.12 X
Oxford Paper com.*

Steel common

100

6% pref

9)4

.X

8% preferred—100
Schulze Baking

Schwitzer-Oumm

Preferred-.... 100

3x
39x

3)4

1

*

6*
65

Per share

Par

7

100
...

8

10 X

Outboard Marine &

T>ac

,

35
17X
x
5
52
3X
39
2H
31X
3)4

Ask

Bid

Stocks

J*

24

OU.)4

ReUable Stores.
Reliance Bronze &

Pictorial Paper

21)4

Ontario Mfg com..*
Oppenheim Collins. *
Oshkosh B'Gosh—.*
Conv preferred..*
O'SuUivan Rubber. 1
Otis Elevator...._*

7% 1st pref
38
21

9

MUls Ltd
*
Preferred. —.25
Reis (Robt) & Co—*
Reiter-Foster

9

7)4

*

.

16

18

■

Schulte RetaU Sts

Regent Knitting

Petrolite Corp Ltd.*

11

Ask

Per share

Par

share
19

31X

67% preferred.. 100
ilstocks Ltd.....*

Preferred

Per

Bid

Stock*

Ask

Bid

Stocks
Par

Per share
37
13

Ohio Brass B
Ohio Leather....
*
Ohio Match ——*
Ohio OU
♦
Preferred
100
Ohio Seamless Tube*

Okonite

Ask

89

MISCELLANEOUS STOCKS

INDUSTRIAL &

Quotations for all securities are as near as possible

2*

Squibb (E R) &;Son*
$6 preferred

*

BX
23 yA

3X

42)4
3
8

22)4

I

8%

48
3h
9X
75
28 }i
4)

119X

19 X

130)4

13]
34]

112)4

110)4
x59X

W*
24

103

101
ml
20

26

90

INDUSTRIAL
Quotations for all securities

Stocks

Bid

Ask

Stocks
Par

Stahl-Meyer com--*

Thew Shovel

Standard Brands..*

$4.60 cum pref--*
*

preferred .10

Standard Dredging
Common
1

Time Inc

Stocks, Inc
Tob Prod Expts

11

3234
3334

Todd

1734

5% 2d pref
20
Sterling Aluminum

Tubize

*

6% cum pref. .100
Sunray Drug
..1
Sunray Oil
1
534 % cony pf._50
Superheater Co
*
Superior Oil
1
Superior Portland

17

1034

_

Steel
A

Common

x w

U S Stores com

*

1st preferred
U S Sugar Corp

*
*

Preferred
U S Tobacco

*

.

West'he

ill

2534

16234

34
26

7% 1st part pf.50
West land Oil

Foundry

4"

W Va Coal & Coke.*

W

1

$4 conv pref
*
White (88) Dental 20

16

1734

14

15

10

7% first pref.. 100

88

98

50c

70c

734
1034
7634

80

12

14

134

Pipe common..25
Whittall (M J)—
5% preferred...10
Wickwire Spencer

77

254
3734

Venezuela

Holding-!
Venezuelan Petrol .1

100
5

Pump

*

Preferred

*

Victor Brewing
Victor Chemical

5

Vogt Mfg

*

Vulcan

1

DetinninglOO

7% preferred—100

Electric
5

Waco Aircraft

*

5

com

Wagner Baking
Wanl Co.

1

*

•

Wilson & Co

17

4734
354
55c
*

134

154
34
434

65c

118

7
8

Amer

3&
28

Unit

dep rcts__£l

Paperboard. 10

Preferred
100
Unit Piece Dye com*
Preferred
100

Un Prof Sharing

*

10% preferrea.-lO
Un Shipyards B
1
Class A
...1
Un Shoe Mach.. .25

5

6%
United

434% pref ww 100
Walker (H) Good'm
&

Common

50

Preferred
U S Distributing

Terry St'm Turbine*
Texas Corporation 25
*

7%

Texas Gulf Prod

U S

Sulph..*

conv

100
*
pref. 100

Com class A
Com class B

$1
$3

1,150
1034
434

U 8 Freight
U S Glass

U S Gypsum
7 %preferred.

25

.20
100
U S Hoff Machin'y5
534% conv pf..50

I*
354
1534

*

3P

.

13

534

*

J,

1434
334

Indust

Petrol...1

Machinery com.*
Woodward Iron..10
Woolw'th (F W)_10
Am dep rects ord.

Worcester Salt

m,

m

3

34
334

534
734

pref
*
Warren Fdy & Pipe *
Warren (Northam)

21

$3 conv pref
*
Warren (S D) Co..*
Waukesha Motor..5

4234
2334
1454

& Mach




Nominal,

r

Canadian price,

t New stock,

x

Ex-dividend.

16

18

1834

100

64

66

100

45

60

»

4234

44

3434

3534

70

80

67

70

*

334

Wurlitzer (R) comlO
Preferred
100
Wyoga Gas & Oil. 34

7?M

80

10c

20c

Yale & Towne

2334

24

7 % preferredYork Ice Mach

25

.

100
*

7% Preferred..100
Young (J S) Co. 100
Preferred

100

Youngs town
Youngstown

27"

Car

2

SM
234

1434

1434

88

9234

1034

12

67

69

87

97

124

1654

1734

19

20

Steel"
*

common

Steel

common

5

3

5

Youngstown Sheet &
Tube

I
n

6
17

4354

51

*

,5^% pref—100

Radio
Zonite Products

k Last sale,

1634
4354

98

7 % pref A.
6% pref B

rr

No par value,

&

Worthington Pump

Door

15

634
3

100

Youn^L A) Springy
23

8

53

4

-.100

Preferred

Coach Mfgcl B--1

5

534
51

Wool worth Ltd—

6

10

534
26

Wood Newspaper

Zenith

*

2

Yates-Amer Mach .5
Yellow
Truck
&

3834

"234

7

7% preferred. .100

44

334
40

10

3

2

Wood (Alan) Steel

Wrought Iron

3
8

1st preferred.*

Portland
Cement com.-.10

Wolverine Tube

50

35

conv

24

10

8

108

Wolverine

19

1034

434

..5

Station

90

*

Warren Bros

Preferred
50
WJR The Goodwill

7

754
954

9H
120
2

49

Wither bee Sherman

85
45

*
*

*

434% conv prior
preferred
100
434% series prior
preferred
100
Wright Aeronaut'l.*
riglev (Wm) Jr..*

pf

100

*
^referred. 100
USFoIJB.

7%

1834

com

Warner-Quinlan Co*

U S Finishing

Land

conv

Warner Co
Preferred

54

134
834
34
834

1

Winsted Hosiery 100
Winters & C'mpton 1

334
11

1934

Warner Bros. Pict._5

$3.85

50

19

»

Wilsonite Corp
Wilson-Jones

Woodley

1734
834

8134

*

60

4034

43

7% preferred-.10''

11

50

Wood all

7934

Walworth Co
*
Preferred
Ward Baking Corp—

10

23

4134

6% preferred. .100

45

39

*

100

Envelope

Preferred

Tex Pac Coal & OHIO

com

Waltham Watch cl B
7 % prior preferred

Preferred..25
Specialties .1

334
1634

*

Worts

Preferred

U S Bobbin&Shuttle

*

_

54
434

125

234
854
134

Waldorf System.
*
Walgreen Co com..*

2

70c

1654
734
4934

Waitt&Bond Inc A *
Class B
*

*

$6 preferred

28

1034
3834
1634
3754

$2 preferred
United Molasses Ltd

734
4234

4834
354
134
134

1*
254
534

Wilson Line....—*
Preferred
100
Willson Products-.1

234
2234

...»

P
6

5

54

& Mfrs_*
United Milk Prod..*

_

*

(R C).._*

234
1434
2134

Un Merch

31

Oil-O-Mat

234
334

53

3

.

5

234
554
-454

18

9

754
11

Oil

10-

1754

27

5 % preferredVlck Chemical

F)

34

6% part pref..100

5

Un Eng & Fdy
United Fruit

I'rod
*
Warrants
Term & Trans com. 1

$3 conv pref—10

.5

(H

Gas

H

Va Iron O & C..100

B

Coal Cos

common.

6

*
Willys-Overland
1
r6% conv pref. .10

Vertientes-Camag'y
Vicana Sugar v t c.3
Va-Car Chemical..*

Wilcox

Conv pref

20c

Dyewood.10
7% preferred-.100

Tennessee

1

preferred..*
WIllcox k Gibbs—50

8

1

10c

com

Veeder Root Inc ._*
Venezuela Mex OHIO

10

Prior

Wil-Low Cafet

1

Class

*

pref..*

common..

Wieboldt Stores—*
22

101

Warrants

*

Texon Oil & Land..2
Thatcher Mfg
*

Steel

2334

*

*
•

1034

Whitlock Coil

99

United Drug

53

White Rk Min SpgsStk trust ctfs
*

100

Viking

23
101

83

*

7% 1st pref
Van Sweringen

A

14]
26]
7!

100

Winding

5

Class

2234

2'

5834
1054
234

Van Raalte Co

2034

17
96

2

$4 preferred

19 ]

854
16

16
95

100

White Sew

Van Dorn Iron Wks*
Van Nor Mach Tool5

*

8

33!

prior pf.*

conv

Milk

$5 preferred
Un Drill & Tool-

iIS

14

Corp...*

Stores com....10c

137

3134
234

2634
634

Van Camp

Sugar

654

97

Mach _*

Common

Chemical..*
$3 part pref.
*
United Cigar Stores-

100

White Motor

7% conv pref.100
Valley Mould & Iron

6 % preferred
] 00
United Cigar-Whelen

1034
434

Pulp Pap..*

Preferred

7% preferred--100

*

135

5% conv pref. .30
Weyenberg Shoe
1
Wheel Steel Corp _*
$5

Vadsco Sales Corp—
Common-..
*

pref. 100

354

Westvaco Chlorine. *

1054

Utah Radio Prod--*
Utica Knit Co
100

Common

950

Va

Preferred

Vanadium

Biscuit

1

234
82

*

*

.100

*

Weston El Instru..*
Class A
*

♦

Utah-Idaho Sugar .6
Preferred-.
10

United

234

Telaut'g'ph Corp..5

Trust old 8tk__100
Ctfs sub shares-. 1

Brke.*
El & Mf.50

West Michigan Steel

*

Preferred

5

34
25

*

Universal Prod

Lines

108

Westins Air

Wm

Air

1634
11
65
115

140

8% 1st pref-__100

*

4

2234

Universal Pictures. 1

Universal

1434

75

*
West Indies Sugar. 1

*

pref

conv

*

Stationery

*

.

preferred

Williams

conv

*

Exp

Western Tablet &

8% preferred.. 100

United Carbon
*
United-Carr Fast..*

7% preferred
*
$2.50 pref*
Talcott (James)
9
534 % preferred .50
Tampax Inc
1
Tastyeast Inc cl A_1
Taylor-Colquitt Co 5
Taylor & Fenn__100
Taylor (K) Dist
1
Taylor-Wharton

Co

$3

.

Valvoline Oil comlOO

7%

234

Taggart Corp_.._.l

Tbermoid

Western Dairies... 1

♦

8% preferred.. 100
Vanadium Alloy
Steel common...*

United

1234

1

conv

8% n-culstpf-100

534% prior pref.*
Valspar com
1
$6 Droi )r: ed
5

Preferred

1

$3.60

17 54

1

United

w w

Pacific

1.754

*
*

common

254

1054

•

Steel Corp
Univ Leaf Tob

Mfg.,10

"634

West Auto Supply—
Common
10

Un Artist Theatre.*

50
121

554
134
234
954

3534

6% prior pref. 100
Universal Corp vtc. 1
Universal Cons OHIO
Universal-Cyclops

l

534
19

3434
7334
354

5

com

$4 convpref

United Stove
1
United Wall Paper.2

10

Transport

9

*

534
105

1

Vot tr ctfs-..

*

Bag & Paper

Sylvania Industrial *
Symington Gould—

Texas Gulf

drift
West Air

$6

1

United

Texas

50

U S Radiator
1
6
9 referred- -50
U S Realty & Imp_*

Conv preferred
United Stores A

1

United

934

1

Common

Wellington Oil
1
Wells Fargo & Oo.-l
Wentworth Mfg. 134
"Preferred

United Stockyards—
Common
..1

*

Swift & Co
25
Swift Internati__15

Preferred

Preferred

1

Wesson Oil & Snow¬

7 % non-cum pf 100

Transport warr'ts.

Class B
5
Sutherland Paper. 10
Swan Finch Oil... 15
Sweets Co of Atn.50

Corp

U S Print & Litho—
Common
»

234

70

Western Newspaper
Union common. .*

_.

Tennessee

11

2034
134

.100

Brower com

Un Aircraft &

J*
2f*

Superior Steel...100
Susquehanna Silk
Mills class A....5

com.

10

tl.50 conv pref.20
Postal Meter..1

-

7
27

Bros

Welch G'pe Juice234
Preferred
100

Un St Yds Omaha 100
Union Tank Car
*
Union Twist Drill. _5
United Aircraft
5

1034

*

Inc

25

$7 preferred-

7% preferred-.100

2734

Williams

Stores com

Cement class A..*

Iron & Steel

23

Unit Amer Bosch._*

Tool common...5

Technicolor

Weisbaum

29

954
154
2934

834
134

7

Union Carb & Carb *
Union Mfg
.25
Union Oil of Calif. 25
Union Premier Food

Mach

Sweets' Steel Co

2

50

Underw Ell Fisher.*

1.25 preferred..*
8tudebaker Corp__l
Submarine Signal.25
Sullivan Macn'y
*

634
,2634

Webster Eisenlohr.*

Grocer. .20

Twin Coach com
Ulen & Co com
Series A pref
Series B pref

*

1

Wayne Knit Mills.5
Wayne Pump
1

Western Groc Ltd..
Preferred

$1.50 preferred

Corp

Common

6

70

Western

20th Cent Fox Kim
Common
*

Union

U 8 Playing Card. 10
U S Plywood Corp

20

7 % preferred- _50
U S Steel Corp.-100

7% preferred-.100
Tung-Sol Lamp
1
80c div conv pref *

25

Part convdc cl A.*
U S Lines pref
*
U 8 Pipe & Fdy. .20

1954
534
58

1734

Screen.-1

Unexcelled

pf.100

Per share

U SSmRef&Mln50

Chatillon_-l

Class

cum pr

Par

U S Rubb Reel

_

Nov 18

7%

Ask

Bid

Stocks

57

Truax-Traer Coal. *
Trunz Pork Stores.*

9

U 8 Ind Alochol
♦
U 8 Leather com..*

Ask

Per share

1734
234

Triplex Safe Glass.*
Trojan Oil & Gas.-l

Truscon

Par

US Rubber

2
Corp 2

Trenton Vail Dist-

Webster--*
Fura
10

B

6734
334

..100

Trico Products

1

Strawb'ge & Clothier
6% preferred-.100
7% preferred. .100
Stromberg Carlson.*
6% preferred-.100
Stroock & Co
»

Class

4254

Forging
*
Trans western 011.10

1

com

4034

Steel

Stetson (J B)
*
Preferred
..25
Stewart-W arner
5
Stlnnes (Hugo)Corp5

Oil

1234
109

10
48

Transue &

Stern Bros common 1
Preferred A
*

Sun

1034

Transcontinental
&
West Air Line
5
Trans Lux Daylight

Sterling Brewing
1
Sterling, Inc
1
Sterling Products. 10

Sundstrand

1234

46

138

20

Transamerica

100

Strut hers Wells
Titusville com

954

Securities..*

Preferred

t C--1

Bid

Stocks

5

Trane Co

Sterchi Bros com
*
1st preferred—50

fetorkline

44

134

Shipbuild..*
Torrington Co
*

Picture

STOCKS

*

Shipyards

Towne

Steel Co of Can
*
Preferred
25
Stein (A) & Co com *

Stone &

15

90

Toledo

Stanley "Works
25
Starrett (L S) Co..*
Starrett Corp—

Stokely Bros
Conv pref

96

14

*
*

Tokheim Oil

cf B...1

com

5

8174

Amdeprctsord £1
Am dep rets def_.

30

Stand Silica com.,
Stand Steel Spring. 5

Products

11

i§*

Tobacco Secur Ltd—

6% preferred.-100
Standard Plastics..1
Standard Products. 1
Standard Screw..20
Preferred A
100

634 % pref

254

Tobacco & Allied

Stand Oil of N J-.25
Stand Oil (Ohio)..25

.

*

com

Timken-Det Axle.10
7 % preferred.. 100
Timken Roll Bear.*

234

$1.60 con vert'le
preferred-...20
Stand Oil (Cal)
»
Stand Oil (Ind)...25
Stand Oil (Kan)..10
Stand Oil (Ky)__.10
.Stand Oil (Neb)..25

v

10
454
1234
92

Tilo Roofing com.. 1

Coated
Products com.lOe
Preferred
5
Stand Com Tobcoml

Common

1054

conv pref.*
Tide Water Oil
*

Standard

Stand Tube

5

434%

Stand Cap & Seal.-l

Ask

Per share

Thompson-Starrett *
$3 34 preferred
*
Thompson (J R)-_25
Thompson Prod
*
$5 conv prior pf_ *
Tide W Assn OiL.10

Preferred

Btaley Mfg Co
10
7% preferred-.100
$5 preferred
*

Conv

MISCELLANEOUS

possible for the closing day of the month preceding the date of issue

Bid

Par

Standard Brew

&

are as near as

..*
1

3534
6834
1654
354

36

8534

1634
334

Quotations for all securities

are as near as

possible for the closing day of the month

preceding the date of issue

Tin custom in reporting prices for State and municipal securities is to quote them on the basis of the return the bonds yield per annum. Therefore
furnishing the prices bolow, it will be found that for the single maturity bond a bid and asked quotation is published—either actual figures or on a
percentage basis.
In furnishing prices for the serial bonds, however, we endeavor to obtain the yield basis for the varying maturities.
For instance,
a certain bond matures from 1937 to 1951 and is quoted 0.50
to 3%—would indicate that the 1937 maturity yields 0.50% and the bond due in 1951
in

yields 3%.
Therefore, in the following list, it must be remembered the word to indicates that the figures shown are the yield

basis; all other figures are bid

aaked prices.

To

or

Bonds

Bid

Ask

UNITED STATES—See also pa ge 19.
4Mb 1947-52—A&O 117.17 117.23
113.6
4s 1944-1954
J&D 113.3
3Ms 1946-56--M&S 111.18 111.23
3 Ms 1943-47—J&D 108.21 108.23
106.11
3Ha 1940-1943.J&D 106.8
3 Ms 1941-1943-M&S 107.11 107.13
3 Ms 1946-1949-J&D 106.23 106.26
3 Ms 1949-1952-J&D 106.16 106.19
3s 1951-1955—M&8 104.24 104.26
3 Ms Aug 1 '41.F&A 107.18 107.20
Treasury 3 Ms 1943-45—A&O 108.5 108.8
Treasury 3s 1946-1948—J&D 106.1
106.2
Treasury 3 Ms 1944-46—A&O 108.3
108.6
Treasury 2 Ms 1955-60—M&S 102.18 102.21
Treasury 2 Ms 1945-47—M&S 104.17 104.20
Treasury 2Mb 1948-51— M&S 102.18 102.21
Treasury 2Mb 1951-1954-J&D 101.24 101.27
Treasury 2M* 1956-59-M&S 101.17 101.19
Treasury 2 Ms 1949-53—J&D 100.7
100.8
Treasury 2 Ms 1945
J&D 103.16 103.20
3s Panama Canal 1961—Q-M 114
r- 118
3s Conversions 1946
Q-J 108
110M
Conversions

8
~

1947——Q-J 108 M
Treasury Notes—
Mar 16 1938

101.6

June 15 1938

Mar 15 1939

June 16 1939

Sept 15 1939
Dec 16 1939
Mar 15 1940

June 15 1940-—....
Dec 15 1940
Mar 15 1941

June 15 1941
% Dec 16 1941
% Mar 15 1942
J*
Sept 15 itHz
/o oept id 1942
1M% Dec 15 1942
Home Owners' Loan Corp—
•
prin & int guar '44-'52
% prin & int guar '39-'49
% prin & int guar *42-*44
i
prin & int guar 1938—
I % prin & int guar 1939—
•a! Home Loan Banks—
vc

-

,

j

i

104
100
96

102

Pub Imp ref 5s 1938-1962-.
Jefferson County—

98

100

Montgomery Co 4Mb 1957-59
6s Road 1951

Tuscaloosa—
5s W W 1939-1957

101.23
102.4
101.29
101.29

101.17
102.18
101.22

100.24

101.7

J&J
4Ms Court Hse '38-'48-J&D

3MsMay l'65opt'45M&N
July 1 '46 opt '44.-J&J
4s 1958 opt 1938—M&N

181*
m

4 Ms 1958 opt

102 M

1938-M&N

to 1.80

Par

to 2.25

0.45

to 1.50

0.40

to

to 2.90

Riverside Co 5s *38-*54-M&N

0.40
0.25

98

Sacramento 4s Jan *39-'45

97
3.75

Sacram'to Co 4Ms *38-'46

111
94

3.90

100M
107
3.50
to 3.50

28

102.11

100.28
101.10

Ms Jan 1 1939-1960

Oakland 5Ms

4Mb Mun Imj> '39-'43-F&A
4Mb 1939-1965
F&A
Oakland 8 D 4s 1939-44-J&J
1939-42
J&J
Redlands 5s 1938-51—J&J15
Riverside 5s 1938-53
J&D

Pasadena

4s

6 3.75

J&J 6 3.50

to

2.85

2.90

0.75

to 1.90

0.40

to 1.25

5s Water 1938-63

Diego 5s W W *43-'54A&0
J&J
1939-1966—F&A

2.20
0.50

to 3.30

5s School

1.00

to 3.35

1.00
4Mb Wh & Har '39-'52-J&J
0.50
4Mb Water 1938-1964
3Msg July 1, 1938-44.-J&J 6 0.40
San Francisco (City & County)
0.75
5s Water 1939-1969
J&J

to 3.00

San

4 Ms Water '57 '58, '59-J&J
4Mb 1939-1951
J&J
.4Mb Water 1939-1977.-J&J
4s Wat Distrib 1938-53 J&D
4s W .t Distrib *38-*63 J&D 6
2s 1940 1949
--J&J 6
San Joaquin Co 5s *38 '49. J&J 6
Santa Barbara 5s '39-41-JanlO 6

2.90

to 3.10

to 3.30
to

2.20

to 3.15
to 2.95

0.75

to 2.65

0.75

to 3.15

0.40

.

to 2.70

0.40

to 3.00

0.85

to 2.10

0.25

to 2.50

0.60

to 1.35

?75

1943—F&A'

4Mb gold Aug

CANADA—See

4.00

f 24

3.50
3.50

3.50
110
less 1

95

94

93 M
93

94 M
94

92 M
92

93 M

91M
91

92 M
92

1

82

83

3s Attorney Gen opt 1944
3s Rose, Hemingway opt 1944

90

91

5-4s 1954-1960
5-4s 1961-1967

-

5-4s 1968-1977

4M-4s 1943-1948
4M-4s
4M-4s

___

3s 1949

Hot

Jan.

Springs 4 Ms '38-'50-M&S

93

91

92

6 4.50

4.00%

Little Rock—

111M
100 H

102%

Little Rock S D 4s '38-'55 M&S

97

4Mb Fund 1941-50---M&N

4s

water

Rev 1939-76-F&A &

/

100

93.

page

COLORADO

3.50

98

5-4 s 1943-1948
5-4 s 1949-1953

102 M

1.85

to 1.70

J&D

*39-'54-J&D

ft 1.00

to 2.75

1939-1951-J&D

ft 1.00

to

2Mb State H'way
3s warrants

1952-V54. J&D
Colorado Spgs 4s Mar 11941-4Mb 1938-1939
J&J
2Mb warrants

6 0.60

to 1.10

ft 2.00
ft 0.60

to 2.50

6 2.60

to 2.50

6 0.60

to 2.30

6 0.60
ft 1.50

to 2.10

6 2.30

to 2.40

1&47-56-A&0

6 2.00

to 2.30

1955-A&0
Retire
1955-A&O

6 2.40

2.30

2.50

2.40

Disb'47-*56A&0

2.00

to 2.25

1941-1945-----J&J
3.65% March 1, 1950-54.-_

Sew

dist

3s 1963-1972 opt
3 Ms Mun Water
1963-1972 opt

2Mb Sewer

2.80

100

and County)—

July

2 Ms

98 M

1.50

4Ms Water 1944------J&J
4Mb Ref Wat 1938-67-J&D
4Mb Water 1962-1965-J&D
SDNol 4Mb 1939-53 J&J
8 D No 1 4Mb 1938-47.J&D
4s

L

ft 1.60

Denver (City

102 M
104 M

lessl

4.25

ARKANSAS

102 M

M&S

Orange Co 5s 1938-45

Turlock Irrig Dist 6s
West Side Irrig Dist 6s

6s Jan 1 1946
J&J 6 3 75
5s Jan 1 1954 opt 1934—J&J ft 3.75
5s W W 1939-1950
J&J ft 3.75
Phoenix Un H S D 4Mb 1948 6 3.75
Prescott 5s 1948
J&J 108

104.6

Dec 1940
101.25 101.27
Federal Farm Mtge Corp—
3 M % int & prin guar '44-*64 104.14 104.20
3 % int & prin guar 1944-'49. 104.3
104.4
3% int &prin guar 1942-*47- 104.10 104.14
2 M % int & prin guar *42-'47 103.1
103.8
1M % int & prin guar 1939- - 101.8
101.11
Instrumentalities of US Govt
Federal Land Bank—Farm Loan Bonds

4s

0.75

350
350
3.50

4*Ms '50 opt '30-J&J

4 Ms 1939-1956

Tucson 5s Water 1950

102 M
102 M

to 2.95

3

3.5 J

% cons deb Apr 11938.. 100.2
100.4
s July 1938
100.10 100.12

3s July 1 *55 opt '45.J&J
3s Jan 1 *56 opt '46.J&J
3s May 1*56 opt '46.M&N

to

ft 3.75
ft 3.75

Phoenix

102.2

3.00

0.75

School No. 1 5s 1945—J&J 6 3.75
Highway 6s Jan 15 serially- ft 4.50

102.16 102.18
103.24 103.26
102.18 102.20

to 3.15

0.75
0.75

Maricopa County—

100.29 100.31

3.30
3.25

to 2.40

1939-1943-F&A

97

27

refdndir^ 1 %to4 %

to

to 2.80

100

4s

Tuscumbm

101.27 101.29
101.13 101.15

to

F&A * 0.50
0.50
J&D
2.50
—J&D

to

106
J&J
6s ref pub impt '38 '53 M&N t 101 t ollO
3.25
Tuscaloosa Co 6s Bridge 1941 6 3.50
3.60
5s Road 1957
M&S 6 3.90
Tuscaloosa (City)—
103
106
5
serial
100
102
4Mb—.
103
4Mb

101.29
101.8

M&N 6 0.75

1938-1945
4s 1946-1961

4s

1.00
3.75

104

—

To
Net

Angeles City High Sch Dis

5 Ms Nov 1938-60
5s 1938-1964

0.90

101

6 3.90

Morgan Co. 5s 1938
J&J
5s Road 1952.
F&A 105
Selma (Citv) 5s-6s 1938-55— 6 3.80
2 Ms 1939-1952
J&J 6 2.00

Los

Ask

Los Ang Co 4Ms '39-'49--F&A
Modesto Irrig Dist 6s

105

J&J 6 4.10

—

100

101.19

104.5
102.9
102.1

98

4Mb Ct House 1938-43 M&N 6 2.25 to 3.30 %
4Mb Ref 1938-1961—A&O 6 2.00 to 3.80 %
Mobile City—
65
68
Refunding 2-58 Jan. 1 1966102
101M
4Ms Water & Sew '39-J&J
Mobile Co—
103
4M8 June 1 1938-1948--—
95
6s School May 1 1945
4Ms R & B 1938—J&D 100
4Mb 1939-1958
—J&D 105 to
91
Gen fund 4Ms 1941-66 J&D
Montgomery—
96
5s funding 1939-1966--J&J
95
4Mb Sanitary Sewer Jan 1'44

or

Bid

Bonds

Net

106

1938-40
A&O
Hunstville 5s funding Mar 1'42
5s schools

101.8

101.21
102.2
101.27
101.27

Sept 15 1938
Dec 15 1938

Ask

Gadsden 6% impt long mat—

111

101.17
101.27
101.6
101.15
102.16
101.20

To

or

Bid

Bonds

Net

Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury

~

and

_____

lie^d tasi*

Yield Basis

Yield Basis

1.80

to 2.00

Moffat Tun

Imp D
5 Ms 1944-1963

5

4.00

5

4.10

3.90

116
115
120

to

128

to

124

J&J

to

125

J&J

118

to

123

J&J

J&J

Ms 1947-1956.
Ms 1964-1973

4.50

5s 1974-1983

St Francis Levee Dist—

102

TERRITORIES A U S PO SESSI ONS
Honolulu (City & County)5s Pub impt 1956—J&D 15 6 3.00
5s Jan 15 1939-56—J&J15 6 0.75

3 Ms Sept 15 1940-53-M&S 6 1.75
Hawaii Terr 4 Ms '49.M&S 15 6 2.00
4Mb Jan 1945
6 2.00

4Mb Nov 15 '38-'56.M&N 16
4 Ms Oct 1956 opt '46 A&O
4Mb Nov 15 1938-58-M&N
2.10s July 20 1941-1945
1.70% refdg 194(M4-M&S
1.75% refdg 1940^4-M&S

6 1.50
6 1.50

102 M
102 M

M&N

102 M
102 M

4 Ms 1950

4Mb
4Ms
4Ms
4 Ms
4 Ms

116
to 2.90

6 0.50
6 1.90

4s Jan 2

1944-1948
3 Mb Jan 1 1940-1949

103

106

6Ms Aug 1941........

109 M

"

6 3.2
6 3.50

111M
6 0.75

J&J2 ft 1 20
J&J2 6 1.90

J&J

2.40
to 2.40
to 2.40
to 1.20
to 2.30

3.25
to 3.50
3.00
3.10

2.65

J&J

0.75

to

3.15

Dist—
J&J

0.75

to

3.15

to 2.50

6 3.15
6 3.25

58 M

56 M
54 M

6 3.50

3.35

4s pub highway 1949-51-M&8 6 3.10
4s refunding 1941-54
J&J 6 2.25

to 3.05

3Ms

refunding 1955-65—J&J

State Bridge Corp 4s

1938-51

-

-

Bridge Auth. 4s, July 1, '
—
Ann is ton ret g 5 Ms Dec 11939
5s schools 1938-1947—J&J
Bessemer 6s pub impt '38. J&J
5s funding Dec 1 1947.....

.90

3~00

6 3.15

3.00

100

101

86 M
101

88 M
103

102

103 M
82

80

82

80

1939-50-. J&J 6 2.25

to

3.75

A&O
A&O

6 2.00

to 3.25

6 3.25

to 3.75

4MB 1938-1960
A&O
5s sewers Sept 20 '41..M&S

6 2.00

to 3.80

1938-1941
4s 1942-1961
4s

Florence refunding 1 % to 4 %
•

Tax-free in Connecticut,




_

6 3.40

33

3.25
34

t Less 1 on bid side.

to

2.80
2.75

0.50

to 1.75
to 2.50

ft

0.50

to 2.60

1939-45--J&J 6
Danbury 4s 1946 taxable.J&J ft
♦4Mb 1938-65
J&D ft
3 Ms Fund 1941 tax'le.A&O

0.90
2.50

to 2.25

0.50

to 3.00

-J&J &

J&D ft

1°.00
2.40

1.95

4 Ms Sch
4 Ms Sch

M&N
M&N

1938-49
1950-59

„

1.75

0.50

to 2.80

& 2.75

East Hartford Fire District—
*5 Ms 1938-1951
M&N & 0.50
Fairfield (County)—
1 Ms 1938 to 1950—---J&D & 0.40

to

3.00

to

2.80

_

to

2.10

ft 0.90

to

3.00

♦4Mb 1938-1942 -----M&S & 0.40
4Mb March 1, 1938-1951--- ft 0.50
June 1 38-60 b 0.50

to

1.75

'39-58-J&J

Glastonbury #4M8
Greenwich—

_

„

Groton S D 4 Ms
„

„

,

to 2.80
to 2.90

_

1940-45----J&D ft 1.75
1, 1938-39. ft 0.50

*4s Water June

♦4s High Sch '39-'55—J&J
♦4 Ms 1939-1960
M&S

6 0.75
ft 0.75

to 2.15
to 1.00
to

2.50

to 2.75

Hartford

to
to

2.90
0.65

to

to 1.50

0.70

to

3.20

0.50
0.50

to

2.30

Par

to 3.30

5s Municipal

0.50
0.75
1.25

to

0.90

to

1.25

to 3.65

3 Ms 1939-77
J&D
3 Ms ser A 1939-77.-J&J

0.75

to 3.65

1.25

to

to 3.25

to

to

3.25
3.35
2.80
3.05

Electric Plant Revenue—

3 Ms ser B Jan 15 '77 J&J
3 Ms 1948-58
J&D
2s 1938-42
A&O
3s 1943-49
-.-.A&O

to

0.50

3 Ms improvt 1938-41♦5s Construc'n 1938-49

Bristol 4Mb Water 1939-J&J
*5s July 1, 1938-55----J&J

3.15
3.10
3.15

1.35

1938-61 —F&A
5Ms Harb Imp '38-'61 M&N
3 Ms Wat Rev '39-'48_.J&J
3 Mb Sch Dist 1939-61--J&J

to 2.90

Hartford

2.85

1940-1962

to 2.75

56 M

2Mb WatWks 1956-76 M&N
3 Ms Water wks 1952-75-.3 Mb Water 1938-41—A&O
s Water 1938-70—A&O
4
s Sch 1938 -1944—J&D
4
s 1938-1968
4
J&J
4
1938-1969
M&S

4s

to 2 .80

0.40

♦4s Water

to3.30 %

Ref 4s 1939 to 1975-J&D

4Mb highways 1952.....M&S
4Mb 1956 and 1959
M&S
4s renewal July 1,1956
4Ms 1942. 1946, 1949—M&S

0.40

Hartford—

96 M

Golden Gate Bridge & H'way3 Mb series C 1942-1971-J&J ft 1.75

Imperial Irrigation District—
Refunding 6s 1983
J&J
Refunding 5s 1983
Los Angeles (City)—

1938-'52.A&0 ft
38- 50 J&D &

Bridgeport 4Mb 1938-65-_.T&J ft 0.40
4Mb High Sch 1939-63-J&J ft 0.75
*4s 1939-1968 ----—F&A & 0.50

East Hartford (Town)—
to

to

J&J

East Contra Costa Irrig Dist 6s
'

1.60
2.25

to

to

0.40
1.35

Berkeley 5s 1942-1951
5s School 1939-1955

%

2.50

to

to 2.35

0.40

East Bay Mun Utll
5s 1939-1974

2.30

to

,

F&A

Alta Irrig Dist 5s
Bakersfield 5s 1938-52--A&O

%

to 2.30
to 2.95

1.00

'38-'48-A&0

4Mb Mun Imp

2.85

to

CONNECTICUT

♦Cheshire 4Mb

0.75

ALABAMA
3 M8 renewal class O 1956-J&J 6 3.20
4 Ms harbor impt June 1 *38-'73 6 1.50

0.65

2Mb Feb 1 1939-1954.F&A
2Mb Feb 1 1939-54—F&A

112

$

0.65

Alameda 4s 1938 to 1941-J&D

3.30
to 2

Bloomfield 4Ms

Branford (T) 4 Ms

0.60
ft 0.60
ft 0.60

110M

"S? n33£8

F&A
*50-J&J

_

3s Feb 1939-1952

Puerto Rico—
6 3

112

103

Veterans Welfare—

107

4Ms July 1952
J&J
4Ms funding 1963
J&J
6s July 1948 opt '43
J&J
6s Jan 1 1950 opt '44-J&J
4s gold 1953
J&J
5s July 1954 opt 1943
.J&J
2Ms 1939-1946—.

1939-1952

to 2.20

100

101

0.50
Highway 1938-48-J&J30
1939-1947
F&A 6 0.65
1939-1947
Olympiad 1938-71— J&J2 ft 0.50

to 2.20

5s Feb 1952

4Mb Oct 1959
6a April 1955

Univ Bldg Jan5'39-65J&J

4s Harb Imp 1985 opt
5s Jan 2 1941-1943

to 2.25

103
104
104
101

4Mb 1957

99
110

CALIFORNIA

to 2.50

114

J&J

Philip Is Is 4Mb 1952

5Ms 1955-1965
5s 1959 opt 1939

1.50
1.50

6 0.50

11IIIII11

4s 1958-1960

2.75
to 2.75
to 2.65

103

102

4s 1Q44

3.55
99 M

99

3.30

2.80

to

0.40

to 2.00

2.40

to

2.95

{ Bid prices for long and short maturities.

County-—

Metropolitan District
2 Ms Wat Sup '38-77M&N ft 0.50
(School District)
♦4Mb 1938-1947
-„-M&S „ 0.40
♦4Mb Northeast 1959-J&D ft 3.00
4Mb 2d North 1944
T*-T *• 2.35

2.65
Sept 1955-ft
♦4M8 Wash't'n '41-'47 .j«j o 2.00
Killingly(Town)4 Ms'38-56J&J ft 0.50

to 2.90

%

to 2.30

2.80
2.20
2.50

*3 Ms South

to 2.50
to

2.80

Manchester—

I:

1938-1944
M&N
Manchester 9th School Dist—
4Mb 1938-1951
M&N
Meriden (City)—
.J&J
139-1943.
4Msl9
Middlesex County—
1Mb Bdge 1938-55—M&N
New Britain (Go)

ft 0.50

to 2.10

%

ft 0.50

to 2.75

%

ft 0.90

to 2.10

%

6 0.25

to 1.30

%

Bldg 1948—J&J
F&A

2.50
0.50

2.40 %
to 2.75

♦4Mb 8chool 1938-'52.F&A

0.50

to

♦4Mb

4s Munic
4s

6 Basis.

1938-1952

/Fiat price,

n

Nominal.

2.75.%

92

STATE
Quotations for all securities

MUNICIPAL

AND

BONDS

possible for the closing day of the month preceding the date of issue

are as near as

Yield Basis

Bonds

To

or

Bid

Ask

Net

Britian Continued—

New

F&A
1938-1969F&A
♦4Mb Sell Aug '38-'43_F&A
♦4s Park 1938-1943—_F&A

4Mb Water Aug 1941

1.60

4 Ms

0.50
0.50
0.50

to 2.00

1.90
2.10

to 2.75

to 3.00

*5e
1938-1951
J&J
0.50
New London—
♦4 Ms Imp 1938
M&S
4Mb Park July 1942--J&J
4 Ms Water 1960
r&A
Nor walk (O) 4s 1954-1964.—
•4 M® Sch March 1938-1953.
0.50
♦4MsImprov't '38-'39—J&J
0.50
3 Ms 1938-71A&O
0.50
3Ms Sewer 1947-70- J&D15
2.25
5s 1938-1971
A&O
0.75
Nor walk (T) 4Mb 1942—J&D
4Mb Sewer 1940-68
M&S 6 "1.50
Norwich 4 Ms water 1939-M&S
♦4Ms 1938-1964
M&S15 5 0.50
4Ms Refunding 1939.A&0
•Plalnfleld (T)4Ms ,38-,57A&0
0.50
Putnam (T) 4mb '38-'46.A&0
0.50
•Ridgefield (T) 4Mb Jan 1 *43
Stamford (O) 4s 1942
M&N
Stamford (T) 4 Ms *39-'45 J&J
0.75
♦4 Ms Sch 1938-1965—M&N
0.50
4Ms High Sch 1939-69 J&D
1.00

Torrington—
♦5 Ms Fund 1939-'41
J&J 6 1.00
4Mb July 1 1939
J&J
Wallingford (Town) 4Mb
1943. 1948. 1953

6s

1.75

0.40
2.60
2.70

Extl

s

Extl

s

to 2.75

Extl

to 2.80

2.70'

to

2~75

to 2.40

to 2.75

3.00

to

to 2.90

1.90

to

to

to}2.60
3.00
2.80
to 3.10
to

to

Ext'l

0.50

to 2.40
to 2.90

to >3.00

to.2.25

0.90 to 2.00
1.90 to 2.70

6D.25 to 1.80
6 1.85 to'2.15
6 2.15 to]2.35
6 2.00 to.2.25

b 0.75

to 2.45

Wilmington—
4MsBldg—Con*53-'62 M&S 5 2.70

to 2.30

4Mb 1938-1958 (s-a)—A&O 5 0.25
5s 1947-1949
A&O 6 1.90
4s 1938-1941
A&O 6 0.25
4b 1942-1948
—A&O b 1.00

to 2.65

105 m

to 2.20
to 2.00
to 1.25

to 2.00

108
45

7s 1938-1945
Extl s f 6Ms 1953

4M
4M

J&J
M&s

99
91
110

94
113

4Mb of 1883
4Mb of 1888
4s of 1900..

Funding 5s 1931-1951

„

100 H

F&A

100 M

20-year s f 6s 1950
J&D
British 4s 1990 opt '60—M&N
Brit Hungarian Bk 7 Ms 1962.

.114m

102

115m

30
90

74

86
80

Hillsborough Co 5s Oct 1 1943
Hillsborough Sch Dist No 4—

100

103

99

101

b 2.50

to 2.80

b 3.50
b 3.00

to 4.00
to 2.80

69

/ 67
103
5 2.75

107
to 3.50

b 3.50

to 4.25

100

105

98

100

89

91

Miami—

M&N
M&N

3.50
4.40

4.10

Ref 4M8 non-opt 1947-56—
New Smyrna—

4.10

3.90

79

82

Ref 3-4M-6s Jan 1 1964

2.75

Orlando—

Refunding 4s 1938-62.F&A
Orange County 5s 1944--J&J
J&J
M&S

Palm Beach
(City of) 5s
Pensacola 4mb ref 1941—J&J
5s 1958
J&J

99
4.40

101
4.20

4.50
4.60
4.75
3.80
99

103
Pinellas Co ref highway
88
Polk County 5s July 1 1938-40 5 3.00
St Augustine 5-4s stam'd 1955
63
5 Ms & 6s imp 1937
51
F&A
St Johns Co Road 5s 1946—_
100
Road 5 Ms 1944
M&S
100

f 7 Ms 1946. J&J

(Colombians f 7s '47. M&N

3.25

*49

103
106
90
to

3.75 %

\V*

103
103

58
4.25

98
4.40
97

100
4.00
99

Tampa—

50 m

Extl

s

2d

cr




b Basis.

/ Flat, nrice.

6s

vr IV*"

ob

I#8„1945

8 f 7 Ms 61

17 Vs
MIX

26

27)
24}

"33"
35

37
34

if*
26
25
23
6m

28
27
26

5M

8M
17 M
12)
14)
23

27

29 H
28

17 m

28

25M
40

*75"
26
22 M

21M

19

/ 60
104H

105 M

18

ser

B ($ bds)M&N

19

17

J&J

183M

17
.

Hungary (King) 7 Ms *44.F&A / 50"
Ext at 4M% to 1979..F&A
48
Irish Free State 5s 1960.M&N
Italy (Kingd) extl 7s '51.J&D
Prestito RedimibUe
3Ms—
Ital Cred Consortium for
Pub wks ext 7s B'47 M&S
Pub Util Credit s f 7s'52J&J

56
60

115m
80

81*

28

29

70 %
62 m

76

73

74

s
5 Ms 1965
M&N
Oriental Dev Co 6s'53.M&8

60 m
60 %

62

Orient Dev Co 5Ms'58M&N

54m

63

Japanese Government—

35
,

23*

P

37

M&N

25

23
24

101M

99 m

F&A

50

/

n

82^

95
25 M

q-j

Extl s f 7s
Sept 1946.-J&J
Hungarian Land Mtg Instit'n
Mtg 7Ms 1961 ser A..M&N

Bk—

* Last sale,

108"

See Munich Bank
Hungarian Cons Munic Loan

7s stamped 1957

Tax free in Connecticut,

108

35m

70

A&O

Helsingfors (City) Finland—
Extl s f 6Ms 1960
A&O

A&O

7s stamped 1937

♦

1953.

|f 6 Ms
Extl
f

Cordoba (Prov) Argentina—
Extl s f 7s 1942
J&J

I!'4
i*

Hessen.

J&D

1957

24
22 m

82

8s'54M&N

/

(City)—
f 7s

21
19

Gold 6s 1946
A&O / 20
Hanover (City) Germany 7s'39 / 20 m
Hanover (Prov) Germany—
6s
1st series 1957
20 m
F&A
6Ms 2nd series 1949...F&A
20 H
Havana—1st 6s 1939
Q-J

20-yr s f 6 Ms 1947
A&O f 22 M
Sink fd 7s (of 1926) '46 M&N / 22 M
Sink fd 7s (of 1927) *47 F&A / 22 M
Copenhagen 5s June 1 '52 J&D 100 M
Cordoba

28

'i06m

Hamburg (State of) Germany

A&O

Extl g 4 Ms 1953
50

Jan to June 1936

July to Dec. 1936
Jan to June 1937
July to Dec. 1937
Jan-June 1938
scrip
Dawes coups Dec 1934 stpd /
Apr. 15'35to Apr.15'37— /
Young coupons Dec 1'34 stp /
June 1'35 to June 1'37-./
German Prov & Comm Bks
(Con Agr Loan)6Ms'58 J&D /

6s stamped 1931
Chinese Government—

4s 1946.
Colombia Mtge

/
/
/
/
/
/
/
/
/

July to Dec 1935

6s

Hukuang Rys 5s£..J&D 15
Coup No 39 due Dec 15 1930
Coup No 38 due June 15 '30
Cologne Germ'y 6Ms'50.M&S
Colombia Rep 6s 1961. .J&J

55

106 M

__

M&N

6% notes 1931

68

23H
100

-

J&D31
J&D31

1961

20

/ "27
6s part paid 1968.
F&A
22M
Guatemala 8s 1948..— M&N / 30
Haiti (Rep) 6s extl 1952.A&0
73 m

.

1960
A&O
Extl 8 f 6s Feb 1961
F&A
Extlsf 6s Sept. 1961 —M&S
Extl Ry ref 6s 1961
J&J
Extlsf 6s 1962
M&S
Extl s f 6s 1963
M&N

S f gu 6s
6s 1962

20

Gt Brit & Ireland—See British
Greek Govt s f 7s 1964.-M&N /
7s part paid 1964
M&N
Sink fund 6s 1968
F&A

f 6s

4.50

62 M

n*

Graz(Mun)Austria

7% assonted
s

61

61

60

67 m

6s series B 1951
A&O
Chilean Cons Municipal LoanExtl s f 7s 1960 ser A..M&S
Chili (Rep) ext 7s 1942.M&N
Extl

61

60

65 m

4.35

56
4.75

48

64

Ser A int ctfs 1938.A&015
Central Bank of Germany—
6s A 1952.
_F&A

6s Oct 1961

5s June 1955 opt *25...J&J
5s W W Purch '38-72.F&A 6

64

Oallao (Peru) 7Ms 1944.-J&J
Carlsbad (City) s f 8s '54.J&J
Gauca Val (Dept of) Colombia
7 Ms 1946
A&O
Extl sec 7s 1948
J&D
Oeara (Brazil) 8s 1947
J&D
Cent Agricul Bank (Germany)
Farm loan 7s 1950..M&S15
Farm loan 6s I960.—J&J15
Farm loan 6s 1960..A&O15

4.60

Petersburg—
Refunding—

3-5s Oct 1 1972
Suwanee Co Road 5M» 1946— 6

W4

31 %
1968.M&N / 32k
J&J

63

60

A&O /

Jan to June 1935..

101
100 M
102 M

Bud'pest(Oity)6sJ'n'3ocoup'62

Oali

60

M&N /

July to Dec 1934

M&S

s

69
69
63

7s unstamped 1949
/
Default coups July-Dec'33. / 58
Jan to June 1934
/ 40

Funding scrip..

Caldas—Ext

64}
64)
60
60

StpdfCanadian holder) '65 /
German Extl 7s *49 stamp A&O /

Bremen (State) 7s 1935..M&S
6s 1940
Brisbane (City) Australia

f 7s 1967
Stabil loan 7 Ms

101)

German Govt Internat—
5Ms loan of 1965
J&D / 26m
5Ms unstamped 1965
/

4s of 1910.
4s of 1889———

s

60 M

101

—_

—

Sec

100

^

Scrip
Readjust 4M-4Ms '77.M&S
Ref s f 4M-4Ms '76.—F&A
Extl re-adj4M-4Ms '76A&0
Ext re-adi 4M^Ms'75M&N
Extl s f 4s $ bonds 1984.J&J
Bulgaria (Kingdom)—

102

97 m
102

m

106 H
98 h
7Ms ext 1941 stamped J&D 107
7Ms
100
. ..-plain 1941
German Conversion Offer—
Funding 3s 1946
/ 31m
Int ctfs of dep
July 1 1938.. / 90
German Cons Munic 7s'47 F&A / 22M
Cons munic 6s 1947--J&D / 21

__

f 5s of 1957

8M
93

102

French Government—
7s ext of 1949 stamped-J&D
7s plain 1949

6s 1940
A&O
Brazil 8% ex 1941
J&D
78 Cent Ry elec 1952
J&D
Extlsf 6Ms (1926) '57.A&O
Extlsf 6Ms (1927) '57.A&O
5s of 1895—
5s of 1913

5 f 5s 1958

76M
100

Frankfurt-on-Main (Germ)—

22 H

6 Ms stamped 1961

47
107

No. 1 5s 1938-1955.— A&O 6 4.10
3.75
Escambia Co 6s Aug 15 1951.
100
110
Gainesville 5Ms July 1938-40- b 2.75 to 3.50
6 3.75 to 4.25
5Ms July 1941-1975

J&J

im

/Rep) Ext 8s *47 M&N

7s stamped 1952..
7 mb stamped 1947

50
112

105

.

Refunding 5s Jan 1 1964.

ihH

Bogota (City) extl 8s *45.A&O
Extl s f 6 Ms 1947
A&O
Bogota (Mtge Bk) 7s May '47
7s Oct 1947.
A&O

6s stamped 1961..

45

Dade Co 5s Oct 1947-54.A&O
Ref 3 Ms 1940-1947
-M&S
Dade County (School No. 2)—
Refunding 4s 1938-67.M&S
Duval Co Road 5s 1955.-A&O
Duval Co School District

Jacksonville—
5s Jan 15 1939-45- J&J 15
5Ms Jan 15 1940-45.J&J 16
Refunding 2.60s Jan 1 1957
Lakeland 6s.
Water & Light 5 Ms 1940-50
Leon County 5s July 1 1938-40
5s July 1 1941-55.
Marion Co Road 6s Feb 1 '52.
Road bonds 5s July 11952—

101M
21M

J&D

105m

J&J
F&A

1955

Customs Administrations—
5 Ms of '22 ext 1961
2d series 1961
5 Ms of '26 ext 1st ser 1969
5M8of '26 ext 2d ser 1969
Dortmund Munic 6s 1948...
Dresden (Ger) ext 7s '45 M&N
Duesseldorf 7s to 1945
Duisburg 7s to 1945
El Salvador
(Rep)—8sA'48 J&J
Certificates of deposit
Estonia (Rep of) 7s, 1967 J&J
Finland (Repub) 6s '45.M&S

15

A&O

5Ms

58

2d Series 1942

21

Buenos Aires (Prov)6s'61 M&S

FLORIDA
Brevard County School Tax
Districts No. 4 6s 1938-55—
Columbia Co Road 6s 1955—
Coral Gables—
New refunding 2 M~5s. -1977

F&A

5 Ms Oust Adm 1940—A&O
2nd ser 5Ms 1940
A&O

21M

Barrauquilla 8s 1935-40-46-48

s

101M
99 H

..—M&N

Dominican Rep 5Ms '42.M&S

101
81

Bavaria (Ger'y) 6Ms '45.F&A / 20
Bavarian Palatinate 7s 1945— / 14
106 M
Belg Govt extl 6M8 1949 M&S
106 M
External s f 6s 1955
J&J
112
Extl sf 7s 1955
J&D

30-yr

888

B..A&0

104

Bank of

21

Extl 7s 1958
Extl sf 7s 1969

ser

8

104 m

107m

Municipal Loan

Trustrcts4Ms 1962 A&O 15
Denmark Mtge Bk—See
Mtge

106

-A&O

Bolivia

f 8s 1952

Denmark ext 6s 1942

Extl 4Mb 1956
M&N
Austrian Govt 7s 1957
J&J
Baden extl s f 7s 1951
J&J
Bank of Colombia 7s *47. A&O

Berlin 6 Ms 1950
6s June 15 1958.

to

s

Danzig Port & Wat Ways Bd
Extls f 6Ms 1952
J&J

s f extlloan 4s Apr "72.A&0
Australia (Commonwealth)—
Extl 5s July 15 1955.J&J15
Extl 5s 1957
M&S

2.60
1.80
to 3.00
to 3.00

to 2.25

to 1.85

4Ms Impt 1937
WestJPalm Beach—
Refunding 2-5s

Ext

Danish Cons
5Ms
1955
5s 1953

s f conv 4 Ms '71-M&N
S f extl loan 4s Feb '72.F&A

7s 1948.

5MsPubWksJune30'45J&D / 76#
Serial 5Mb 1937
J&J / 98M

Czechoslovak Republic—
Ext s f 8s 1951 ser A—A&O

Extl

2.40
0.40
0-75
0.40
2.30

J&J
J&J

i

Extl
to

—„

Cundinamarca Dep (Colombia)
Extl s f 6 Ms 1959
M&N f

Antwerp (City) extl 5s *58 J&D
Argentine Repub—

6 0.50
b 0.75

St

t:

Bergen, Nor Ex.sf 5s '60M&S

DELAWARE
2Mb April 1 1938-1947
2 Ms April 1 1948-1957
2Mb April 1 1958-1966
Kent Co 4Mb 1945-1950-M&S
New Oastle Co—
6Ms 1938-1944
J&J
Sussex Co 5s 1939-1970—J&J
4Mb 1938-1953
A&O

1952-1953

B 1945—J&J

7

D 1945.-J&J

to*2.60

2.75

22

O 1945—J&J

ser

2.30

0.40
0.50

ioom

s f 7s 1957 1st ser.A&O
s f 7s 1957 2d ser. A&O
Extl s f 7s 1957 3d ser. A&O
8s 1946

0.60
0.50

5 Ms 1945 1950
6s 1940-1950

ser

ser

f 7s

tol2.90
to 3.00
to 3.40

0.50

5s

100 %
20 m

^

J&D
J&D

.

22 m

Extl

f 7s

1951—

A 1945—J&J /

to 2.75

1938-1942
J&D
4s Water 1939-1965
J&J
4Mb July 15 1938-66—J&J
4Ms 1940-1953
—J&J
•4 Ms Water 1938-64
J&J
5s Water 1938-1951—M&N
5s Water 1952-1971-M&N15
West Hartfd 4Mb 1943—j&D
lb Mar
15 1938-48-M&S

1940-1950

f 7s

s

to 1.40

ser

2.20
0.75

♦3s

5Ms

f 7s

s

Ask

Rn

Antioquia Col (Dept of)
Extl

secsf 7s
f

UUUIU5 5s IVGI.
Funding OG 1951. ...M&N J A-x
.iViOOXl
Costa Rica Pac
Ry 7 Ms 1949/ 1 A M
17
1 f%A A
Jt
5s1949
Cuban 5s 1944 opt 1911—M&S
Extl g 4Mb *49 opt
F&A
Extl g 5s 1949-F&A
Extl s f 5Ms *53
J&J 15

...

(Apr *35 coupon on, .1948 >22 M
(Apr '35 coupon on). 1946 / *22 m

1.70

Bid

(Republic)

*

35

7s (Jan *35 coupon on) .1947
Akershus (Dept of) Norway.
5s 1963——.
M&N
Anhalt 7s to 1946
M&S

to 2.76

Rica

Ext

CITIES

J&J
J&D

Windam (Township)
4s 1939-1942
4s 1942-1952

Bonds

*

*40 tax-expt A&O
1943-1962

Miami Beach—
5 Ms 1938-1939

AND

7s

♦4s Apr 2,

4s 1938-46
Waterbury—
♦2Mb 1950-1962
♦2Mb 1950-1962

Ask

Costa

Agricul Mtge Bk (Colombia)
6s (Feb '35 coupon on) -1947

to 2.00

New Haven—
*4 Ms

Bid

Bonds

FOREIGN GOVERNMENTS

56
87 m

Nominal

88

1954

F&A

60 M
56

Jugoslavia—See Mtge Bank of
20

t

Extl

s

f 6Mb 1958—M&S / 12M

Lower Aust (Prov)7 Ms*50J&D
Luneberg (City) 7s 1948JM&N / 21
Maranhao (State) Brazil—
Ext s f 7s 1958
M&N / 18
Medellin (Munic) (Colombia)
7b extl Dec i 198l
/
§M
6M8 1954
/
7
Mendoza (Prov) Argentina—
7 Ms extl s f 1951
J&D/
Stamped
67 M

15
90

19

9)
9)

68

march, 1938]

state

and

municipal

93

bonds

Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue
Yield Basis

Yield Basis
To

or

Bid

Bonds

Ask

Tokyo (Oity of) 5s of 1912—
5s of 1912 1952
M&S
47
Extl s f 5%s 1961
A&O
58%
Tolima (Dept of) 7s '47.M&N f
7%
Trondhjem (City), Norway—
Extl s f 5%s 1957
M&N 101
fUnion of Soviet Soc Republics
Gold 7s 1943
87.28
Uruguay 8s ext 1946
F&A / 47%
Extl s f 6s 1960
M&N
47%
Extls f 6s 1964
M&N / 47%
3%-4-4% % extl readj s f
bonds of 1937-1979--M&S
46%
4-4 %-4 % % extl readj s f
bonds of 1937-78
F&A
46%
3%s extl re-adj 1984—J&J
39%
Venetian Prov Mtge Bank—
S f 7s 1952 ser A
A&O
75
Vienna (C) extl6s'52
M&N ....

Foreign Govts, and
Cities (Concl.)

Metrop Water Serv—See New
South Wales
Mexican Irrigation s f gtd 4%s
Stamped assented
Mexico (Republic)—

3%

.....

.

4%

5s extl loan of 1899 19455s assented 1945....
4s of 1904-1954
J&D
4s assented 1954
J&D
Extl 4s of 1910 (£20 pieces)
£100 and £200 pieces
Treas 6 % notes '23 ext to '33

2%
3

6
6

64%
10%
10%

Extl

6%s 1958
M&S
Extl 6%s 1959 ser A. .M&S
Montevideo (City) 7s '52-J&D
Extl

50

Mtge Bank of Denmark—
Exch

f 5s 1972

s

ser

Warsaw (City) 7s 1958—F&A
Warsaw (Land M Bk) 8s 1941

65%

f 6s 1959 ser A.M&N

s

;

3

£20 pieces
—
£100 and £200 pieces
Milan (Italy) ext 6%s '52. A&O
Minas Geraes (State) Brazil

101%

IX J&D

Mtge Bank of Jugoslavia—
Secured s f 7s 1957
A&O / 43
55
5s funding 1956

Bid

Bonds

102%

59

8%

55

-

Nov '32-May '35 coupons. _
Nov '35-May '37 coupons
Munich Bank—
Hessen 7s to 1945
F&A /
New South Wales (Australia)-

20%

49
49

49%

25

21%

,

104

106%
106%
105%
104%
102%

106%

Oslo s f extl 4%s 1955—A&O
Panama (City) 6%s 1952
Panama
Extl

s

f 5s 1963..

•

107
106

104%
103%
103

20

20%

101%

\f 25

(Rep)ext5%s'53 J&D
M&N

Stamped
5% scrip.a
Panama (National Bank)—
6%8 series O & D6%s '48-'49
6%s series A & B 1946-47—
Parana (State) Brazil 7s 1958
Pernambuco (State of) Brazil

102%
40%
39%
26

15-yr 4%s 1940
Refunding 4%s
103%

f 7s

s

sec s

Gold

Gold 5%s 1952
Gold 5s 1948

12%

Coupons 1936-1937
Porto Alegre (City) Brazil—

10%

—

A&O/. 21

s
s

f 6a 1968

J&D
J&D

Certificates of
s

9%

J&J

M&S

s

4s

s

Stamped 1942.
A&O

A&O

s

f 7s 1961

Sao Paulo Brazil 8s 1952
.

M&N„

s

Sink fund

6%a 1946—J&D

6s 1947
Serbs Croats & Slov (King of)
Extl 8s 1962
M&N
Extl 7s 1962 ser B—M&N

Silesia
Extl

9%
15%

M&N

f 6%s 1957-M&N 15 /
Saxon State Mtge Institution
Sink fund 7s 1945
J&D
Extl

(Prov) Poland—
f 7s 1958
J&D
_

s

Silesian Landowners Assn—

(Bank of the) 1st 6s 47 F&A / 21
Sydney (City) N S W—
25-yr s f 5%s 1955
F&A 101%

105

93
89

95
93

87

91

86

90
89

90

85

...

12

30

6 3.75
6 3.00

Ontario (Prov) 6s '43—M&S15
5%s 1946
-J&J
5s 1959
M&N

1944
_M&S
Jan 15.'39-'47—J&J 15
Jan '15 '48-'57.J&J 15
1938
M&N 15
1939-1970
M&N 15

54%
54%
53%
53%
53%
53%

52

51

4%s 1938-1956

2.00

52%
52%

51

51

8*

49%

p

99%
99%

95

95

90%
71
72

75

72

75

102

104

111

113

102

105

104

106

to

to 2.75

6 2.00

to

100
100

IDAHO
1.50

Cap Bldg 1939
..J&J
Impt 1938-47 opt '30
Ref 1938-1939
A&O
ref 1940-45
A&O
Road 1939 opt '27—J&J
Boise City 4%s 1951
J&J

2.00
1.50
2.25.

1.50
3.50

ILLINOIS
0.40
4%s Serv Oomp '38-43.Aug 1
0.40
4%s Serv Comp '38-'43.Aug 1
0.40
4%s Serv Comp '38-'44_Aug 1
0.40
48 Highway 1938-43
May 1
1.80
4s Highway 1945-54
M&S
4s Highway 1955-58
2.30
M&N
3 %s Emerg Rel '38-'47 Dec 15 6 0.60
3 %s Emerg Ref '48-'54 Dec 15 5 2.00
A

\X

a

1938-1961
Champaign
5s

Road

100

120

121

103%
103%
105%

104%
104%
106%

30

33

116%
108%
110%
117%

117

118

121%
111%

122%
112%
to

111

115

6 1.75

to

6 2.60

to

...

...

M&N15

t Quotations per 100 gold rouble bond, equivalent to 77.4234 grams of pure gold.

100%
101

to

120

101

to

117

6 1.50
6 2.60
6 2.90

4%s 1954
Board of Education—
3s 1957 opt 1939
3s 1957 opt 1941-43
3s 1957 opt 1945-47.
3 %s 1955 opt 1946

100
99 %
99%

0.75
2.50 %
2.80 %
to 3.00
.10
to
to

I:

100]
1003
101
3.00

...

4%s 1954 opt 1944
Chicago Park District—
3 %s 1956 opt 1946
4s 1955 opt 1939
4s 1955 opt 1940-'44_.
4s 1955 opt 1945-'47
4s 1955 opt 1948-'55

2.80

101%

102%
1.00

6 2.00

to 2.90

6 3.00

to

6 3.10

3.05
to 3.25

District—

%

I
1.00

6 2.00

1945-'47
1948-'54
Cook County—
4s 1956 opt 1939 ..........
4s 1956 opt 1940-'44
4s 1956 opt 1945-'47
4s 1956 opt 1948-'53
Elgin Sanitary Dist—
5s 1938-1944
...M&N

to 2.90

6 3.00

to

3.05

6 3.10

to

3.20

6 2.00
6 3.00

to 2.90

6 3.10

to

6 1.00

to 2.25

6 1.25

to

%

1
1.00

to 3.05

3.20

%

Evanston S D No 76—

102%
102%

4%s June 1

110

105

4s 1945-1948

t6"l07

120
113

101%
2.25
2.80

4slf~~
939
4s 1940-1944

Sanitary

2.50
2.85

100

2.90
3.15

4s 1955 opt
4s 1955 opt

to

%

100

4s 1955 opt 1939
4s 1955 opt 1940-'44

109

to

Chicago—

to"ll6

109

%
2.35 %
%
2.30 %

to 1.90

to 2.25

100

100%
101%
101%

to

to 3.25

3s 1956 opt 1945-49
3%s 1951 opt 1940
3%s 1952 opt 1945
3%s 1953 opt 1946
3%s 1955 opt 1951.

99

to 2.25

6 1.00

1938-1943—M&N

102

97

to

1.70 %
1.75
%
1.70 %
1.60 %

opt 1952 M&S 6 2.00
County—

100

101

to

\\7ofAfi

3s 1941-1944
3s 1945-1948

99

to
to

Bloomington—

3s 1957 opt *39-'40
3s 1957 opt '41-'42

99%
96%
99%
98%
108%
109

3.25 %

95

103
102

118

3.50
5.00

95

101%
100%
100%

108%
108%

2.25
2.25
2.25
3.10

to

103%

105

to

b 2.00

105%

112%
102%

%

2.00

b 4.00

108

102

3.00

b 2.25

102

115%
107%
109%
116%

to

6 3.25

106%

r

2.60
to 4.00

b 2.50

104

99%
100

2.00

4%s
4%s
4%s
4%s
4%s

100

93
*

J&J 6 2.00

4%s Drainage 1944...F&A
I
4%s Refunding 1959—F&A
Spalding Co—5s ,39-'49--J&J
iSwainsboro 6s 1938-50—A&O
iValdosta 5s 1939-1942
Jan
Ware Co 5s Road 1938-49 J&J
Watkins S D 6s 1938-50.M&N
Woodbury 6s 1938-49.-.J&D

52

51

102

4%s Mar 15 1960-.V.M&S

to 3.00

52

51

105

—

2.50
to 2.90

to 3.50

52

M&N

4%s
4%a 1938-1942
J&J
4%s
1943-1960
J&J
Quebec (Province)—
8-yr 2%s 1944—
M&N
15-yr 3s 1951
M&N
3%s 1949
J&J
3%s s f deb 1952
J&D
4%s 1961
M&N
4%s 1946
J&D
Quebec City—
5s S F (non-call) 1960-M&N
Saskatchewan (Province)—
6s 1943 (non-call)
J&D15
1959 (non-call)..
M&N
4%s July 2 1945.
.J&J2
4%s 1955

to 4.25

6 2.25

Pulaski Co 5s 1938-48
J&J 6 2.25
Rome 4s Mun bidg'38-'39 A&O 6 1.75
Savannah—4%sref 1943. J&J 6 2.50

107%
112%
111%
113%
111%

(Prov)—

4s Nov 15 1957




103

4s 1949-1950

6s Munic ~
5s Jul

Scrip

Extl

86

to 2.00

52

M&N

Hydro Elec Pow Com—
4%s Jan 1, 1970—J&J 2
Ottawa Oity 5s '38 *45—_J&J

Santander

.

88%

80

4s Pav & Sew '38 to *39-J&J 6 1.75
Marietta 5s W W 1939
F&A 6 2.25

52

4s May 15,1938-43.M&N 15
4m May 15,1944-57.M&N 15
4s May 15,1958-68.M&N 15

Santa Fe (City) Arg Rep extl

(Dept) Colombia
Extl s f 7u 1948
A&O
Santiago(City)Chlle7a '49 J&J

Scotia

4s 1941

f 7s 1940

•7s 1945..
4s 1945 stamped

95
92

87
86

Macon

Commissioners—

5s Nov 1, 1969

4%s
4%s
4%s
4%s
4%s

A&O
Santa Fe (Prov) 7s 1942.M&S
Sec

92

89

J&J 6 1.75
J&J 6 1.75

5s Water 1939-51

92

Deb 5s 1960
M&S
Deb 4%s Sept 15*52 M&S15
Deb 4%s 1960
M&N 15

10

f 6s of 1928.1968 J&J
6s 1943

Extl

98

90

101

83

Nova

13%

(Brazil) State of—
8% external loan 1936.J&J
Extl 8s 1950

108%

95

109

87

4%s non call 1958.M&N 15
4%s s f Apr 15,1961 A&015
4%s 1955.
M&S
North Vancouver 5s '60-.J&J

San Paulo

Extl 7s 1956

107

100%

108%

81

New Brunswick—

—

8s 1948
88 ctfs of deposit 1948...
Santa Catharina (Brazil)—
8s 1947
F&A

--

mmmmmm

to 2.50

90

Harbor

J&J

(Mtge Bk) 6s ser A *47 M&S
6s series B 1947
A&O
Salvador 7s 1957
J&J
Certificates of deposit—
4s scrip
...

107

111%

Cordele 5s W W 1938

84

„

deposit
(City) Germany

f 6s 1953

102
108

Bibb Co 4%s 1948-49—M&N 6 3.10
Crisp Co—
Hydro-elec 5s *39-'57_F&A 6 3.25
Dougherty Co 5s '38-'48 M&S 6 1.75

53

3%s refdg May, 1939.M&N
Metrop Co 4%s '53.'54&'61
4%s May 1, 1965
M&N

5%% ext loan Dec 1921...

Extl

-

mm

89

53

Montreal 5s Dec 1, 1945. J&D
58 s f Nov 1, 19&
M&N
4%s May, 1954
4%s Jan, 1944
J&J
4%s 1938-1939
A&015
4%s 1940-1951
A&O 15
4%s June 1, 1971
J&D
4s May 1,1944
M&N

Rome extl s f 6%s 1952—A&O
Rumania (Monopolies)
Institute 7s 1959
F&A
Russian 6%s June 18 1919—.
Certificates of deposit—-jJ

Saarbrucken

-

■

to 2.75
to 2.75

4%s Dec 15,1956—J&D 15

,

Sul

f 7s 1967

Extl

-

^

Augusta-r-4%8 Flood'42 M&N 6 2.25
Clarke Co 5s 1939-1944—J&J 6 1.75
Columbus—5s 1938-44
J&J 6 1.75

Manitoba (Prov) 5s '44-J&D 2
4%s May 1, 1945
M&N

(State)
Brazil ext s f 8s 1946—A&O
7s extl s f 1966..
M&N
Extl

102

111%
113%
111%

J&J
A&O
J&J

4%s 1938-1946
J&D 29
4 %s 1947-1956
J&D 29
4%s s f deb Jan 23 *69 J&J23
Calgary 5s July 1,1945—J&J
Edmonton (O) 5s *45&'50A&0
5s sf 1955 & 1960
A&O

101%

112

Halifax N S 4s July. 1945
5s Jan. 1951
J&J
Hamilton—
4s Elec L & P1941
A&O
Lachlne P Q 5s 1954——J&D

Queensland (State) 7s '41 A&O
Ext g 6s Feb 15 1947 F&A15
Rio de Janeiro 8s 1946... A&O
Extl s f 6%s 1953
F&A
«%s 1959
Do

5%s 1947

101%
98%

101%
103%
107%
108%
107%

Brit Col (Prov) 5s *48..J&J 15
5s Apr 25, 1954—..A&O 25

Dollar funding 3s 1956. A&O

6s 1933
Rio Grande

-

96%

5s 1950
A&O 15
Gold 5s 1959
A&O
4%s Jan 15, 1942...J&J 15
Deb 4 %s 1956
A&O
4%s Jan 15.1957
J&J
4%s July 16, 1958
J&J
4%s Apr 1, 1961
A&O
4%s June 1, 1967
J&D
Debenture 4s 1954
J&D

...

1947

1952.!

—

,

J&J 6 1.25 to 2.20
2.80
J&D 6 3.10

Athens—4%sJune 30 1943
Atlanta—4%s Jan 1 1940-J&J
.

101

101

A&O
M&N

30

Poland (Rep of) 6s 1940.A&O
Stab'n 1 s f 7b 1947-A&0 15
Extl s f 8s 1950
J&J

6s

J&J14

4%s 1942 and 1967—_F&A
Verdun deb 5s 1954...
Winnipeg, Man 5s '44
A&O
4%s non-call 1944—.M&N
4%s June 1 1946
J&D
4%s June 15 1950-^J&D15
4s Aug 1 1946
F&A15

102

101%
98%
88%

M&N

40%

100%
99%
100%

101

M&S

5s May 1952
Alberta (Prov of)—

47

100%
102%

1944.A&0

Refunding 5s 1943

f 78 1959

Sinking fund 8s 1961...J&D
S f 40-yr 7%s 1966
J&J
7s 1968
F&A
Prague (Greater) Oity—■
7%s loan of 1932-52..M&N
Prussia 6%s 1951
M&S 15

...

Road 5s 1949-53

99%

J&D
M&S

5s Nov 15 1941

33

103%

M&S
_M&S
Nat Loan extl 6s 1960- J&D
Extl s f 6s 1961
A&O

Extl
Peru

M

116

92

GEORGIA
4%s ref 1938-1945
Albany—5s 1945

1% notes 1941
2%s Jan 15 1944—J&J
8-yr 2%s 1943
-J&D
7-yr 2%s 1944.
M&N
10-yr 2 %s 1945
F&A
20-yr 3s 1955
J&D
3s
perpetual
M&S
3s Jan 15 1967
J&J
14-yr 3%s 1951
M&N
25-yr 3%s 1961 opt *56 J&J
15-yr 3%s, 1949
A&O
20-yr 4s 1952
A&O
30-yr4s 1960
A&O

103

102%

Norway ext 6s 1943
F&A
External s f 6s 1944—F&A
4%s extl sk fd, 1956—.M&S
4%s extl sk fd 1965—A&O
Sk fd extl 4s 1963
F&A
Norway Municipalities Bank
Guar s f 5s 1970
J&D
Nuremburg extl 6s 1952.F&A
Oldenburg (Free State) 7s 1945
Oriental Devel—See Jap Govt

5s 1940 & 1941 var
5s 1945 & 1946 var
5s 1950 & 1951 var
6s Jan 15 1970

110

110

Appling County—
Dominion of Canada—
Is (1%-yr) 1939

22

Met Wat Serv & Dr Board
S f 5%s 1950
A&O

s

A&O
A&O
A&O

102

102%

65

62%

CANADA

103%

Extl

F&A

f 1957

1938-1939
1940-1941
1942-1945

1946-1961..
A&O
4s £ July 1 1948
J&J
3%s July 1 1944-45
J&J
Vancouver. B C 5%s *39.A&O
5%s 1952
F&A

85

77%
59%

J&J
J&J
J&D
J&D
J&D

1950-1959

4%s
4%s
4%s
4%s

i!h

44

f 5s 1958.——A&O

s

5s

53

(American Dollar Quotations)

101%
101%

58 extl

Ask

Bid

Toronto 6s 1938-1940
5s 1940-1950
5s 1938-1939
5s 1940-1949

91.92

56
56

60

Bonds

102

......

Second 5s 1956

To
Net

or

Net

Toronto (Concl.)
52

22
20

-

.

Ask

/ 59
/ 50
22

Westphalia (Prov Bk) 6s 1933 /
6s 1936...
/
5s 1941
/
Wurtemberg 7s to 1945.M&N /
Yokohama extl 6s 1961—J&D

Yield Basis
To

or

Net

100%
97%
99%

M
110

107

75

77

71%

73%

72
68

74
70

67
64

69
66

1938-1948

Forest Preserve—
4s 1956 opt 1939
4s 1956 opt 1940-'44

6 2.00

to

4s 1956 opt 1945-'47
4s 1956 opt 1948-'52

6 3.00
6 3.10

to
to

3.00 %
1.00
2.90 %
3.05 %
3.20
3.50

Granite City 4 %s 193848 J&D 6 2.50

to

Jackson Co 4%s 1938-46.J&J 6 2.00

to 3.25

Lake Co 5s Road '38-'49_F&A 6 2.00
River Forest S D No 90
4%s 1938-1944
J&D 6 1.50

to

2.75 %

to

4-00

INDIANA
Elkhart 4%s WW '38-75 A&O 6 2.00
Exansville 4s ref 1942
J&J
Fort Wayne

to 3.25

4%s 1938 to 1941

A&O 6 1.50

to

1.90

1942 to 1946
1947 to 1957

A&O 6 2.10
A&O 6 2.50

to

2.50

to

3-00

6 Basis. / Flat price, k Last sale, n Nominal.

%

?2S

94

STATE

MUNICIPAL

AND

Yield Basis

Yield Basis
To

or

Bid

Bonds

Fort "Wayne School Dist-5s Oct 1 1938 1943-.---- 6 1.76

Oary Sch City 4 Us Oct
Hammon (City)—*

to 3.25

%

3 Us series R
3 Us series Q

%J_

&0
I

Indianapolis S J>—
2.25
4a Blag Sept 1 1946—J&J
2.00
3 Jus July I 1041------J&J
6s Oct 20 1938-39—-A&O b 1.50 to 1.75
'50
So Bend 4«sWW 43.M&N

1939-1948-F&A

6 2.00

%

5s
6s
5s
5s
5s
5a

to 1.25

Ctedar Rapids 4 Us'49-'53M&N
Clinton Oo 2Us 1942..M&N b 1.40

to

D^mLniU^.?.MtrN » 1.00
1940-1941
—MAN b 1.25

to 1.25

1957-1967
1959-1969
5s 1972—

2.90

to

b 0.75
b 1.00

lessll

b 2.20

lessl*
less 1
less

Marshal ltown Ind 8 D—5s City Hall 1938-39-MAN
Marshalltown—
4 Us Water 1938^2
-AAO
4Us Water 1943-'44. A&O
Sac do 2Us May 1193847.Sioux Oity 6s *38*45 -FAA15
z
6s Ref Aug 15 1940—F&A15
4 Us Sewer 1938-47—MAN

1

to 2.15

Lyon Oo 2 Us May 1 1938-47- b 1.00
^

-

2U®

-

1938-1956----—JAJ

Sioux Oity S D 5s

to 1.00

b 0.50

to 1.80

1.00
2.25

1.00
1.00
1.50
1.00
b 0.90
^

2.35

to

to 2.15

2.75 %

to

s

1

to 2.50

1941—JAJ b 1.50

Woodb'y Co Fund 2Us'42-'40 b 1.50

1
2.15%

less
to

4 Us

1939
.... Kansas Oity 5s 1942
FAA
4Us Wat A Light 1944-JAJ
4Us Wat Plant Pur '39. JAJ
4 Us

Imp July 18 '49—JAJ

Board of Education—

0.60

to 2.40

2.50
1.00

2.40
0.75

2.00,

0.75l«
2.50

l".75
1.90

4s 1938-1939(tax-ex-). .JAJ 6 1.00
4s Tunnel A Sub 1948.J&D
4s Sub 1957 tax-ex——AAO
4s Sub 1958 tax-ex....JAJ
4s Tun A Sub'59 tax-ex.JAJ
3 Us 1938-1951
MAS 6 1.25
3 Us June 11943
JAD

to

150

to

3.30

107U

107U

102 U

103 U

2 Us ser B 1939-62... JAJ 6 0.75
6 0.50
2 Us Dec 151938-1960_
6 0.50

Bowling Green—5s 1955.JAJ

3 Us June 11944—.JAD
3 U« July 1 1945
..JAJ
6 0.75
3s April 1 1938-1957
6 0.75
2U April 1 1938-1957
2Hs Sept 1 1938-1950.MAS 6 1.00
2Us 1938-1955.......JAD 6 1.00

Metropolitan District—
2 Us ser A 1938-58..M&S 6 0.50

96 U
102
102

Braintree—4s 1938-1941—JAJ b 0.50

0.75

102 U
102 U
102

101U
101U
102

103
103
102 U

b 3.95
b 3.90

106

108

104

106

109

110

4.00
2.75
1.75
2.80
2.40
2.80

to 3.60

JAD15 6 0.50

4 Us 1938-1942
J&J 6 0.50
38 ctfc of indebt *38-'50— AAO 6 0.50
2 Us ctfs of indebt,

2.80
2.10
2.25
2.75
2.75
1.75
1.30

1939-1951
AAO 6 0.75
1940-1952 June A Aug 15— 6 0.90
Annapolis 4Ua W W '42.AAO 6 2.60
......

48 Parks 1955
4s Mar 1, 1981—
to

MAN
MAS

.00

2*25
to 3.70

65

"I Too %

/ Flat price,

6 2.60

to 2.80
to 1.90

6 0.50

to 2.50

to 2.00

to 2.75

to 2.00

2.00

to

4s July 1 1948-50

J&J

4 Us 1939-1953—
FAA
Wellesley (Town)
4s Mar I 19381946—MAS

3.75

0.40
0.75
Winchester 4s 1939-1943 AAO
Worcester
Apr 1 ,38'46. 6 0.40

3.00

Less 1

on

to

1.60

to 2.10

to 1.75

to

1.90

to 1.75
to 1.60

2.75
See

Foreign

to 2.00
„

3.25
to

2.50 %

Govts

page

93

MICHIGAN

1.50
1.50
1.50

less

J&D

1.40

less

'"'s Highway 1943....-FAA

1.70
1.70
1.60

less

s

July 15 1941

s Oct 15 1941
5 Us
Highway 1941
5s Highway 1940

s

4s

-J&J 15
A&O 15

.J&D

Highway Impt 1944 AAO

Highway Impt 1942—A&O

Ann Arbor—
W W ref 4 Us^ 1938-1948 J&J 6 1.50
3 Us 1944-1946
6 2.00

less
less

less

to 2.25
to 2.10
*

Battle Oreek—
6 1.50

to 2.00

%

6 1.50

to 2.50

%

M&S 6 1.50

to 3.25

%

„4Us Sewer 1938-40—MAN

Battle Oreek S D—-

4 Us 1939-1949

—FAA

Bay Oity—
5Us w w 19381951

to"0.90
to 1.20
to 1.20
to 2.10

_

Dearborn—

4Us Sewer *48'51-'56.AAO 6 3.50

to

3.80 %

Detroit-

General 3 Us callable
48..—

to 2.10

(Long)

.

to 2.10

4Us
4 Us

to 2.50

84
87
89
93

non-callable..
Water 4s—....——.

to 2.80
to 1.80

QQ

......

613.85

87
89

91
94
100
3.

%

6 3.90

less

U

6 4.00

less

1

Refunding~Water*series D^
3 Us Oct 1 1951-1961— *. 64.701
to
3 Us Oct 1 19381950
61.00
98
3 Us Oct 1 1948-1950—

to 2.75

to 3.50
6x4.75 to Par
64.901 ess 1U
Refunding 3 Us *57-'62 JAD
99
Refunding 4s '38*56.-JAD
General A Street Railway—
6x4.00 to 4.80 %
^3 Us Oct 1938-59...
ess 1
General 3s Oct 1 1959-62... 64.80
Water 2Us Oct 1 1938-62— 6 1.00 to 3.
%
Refunding 2Us 1951-63 J AT 6 4.801 ess 1
Refunding 3 Us 1939-50 J&J 6x4.00 »to 4.
%
„

2.

-

to 2.60

to 2.50

to 1.90

2.55

..—JAJ
MAS
x

1.75

to 1.90

48 1938-44 (tax-ex)
FA A 6 0.40
Waltham 3 Us 1938-45-.F&A 6 0.50
4s 1938-1960
FAA 6 0.50
0.40
lUs 19381947—
FAA
Warren Water District—

to

6 Basis.

to

Springfield—

„

to 0.90

4s 1972-1975-...
8 Us Impt 1940
3 Us March 1945

to 2.10

to 2.25

4s School 1938-1939..MAN 6 0.50
4s
1945-1971.—....MAS 6 2.00
4s Regis'd stk 1946-57 MAN 6 2.10
4s 1938-1944.
AAO 6 0.50

MAS 6 2.40
MAS

to 2.60

Somerville—

4s 1956-1965

3.00

} Less 1U on bid side.

AAO 6 0.50

MAS 6 2.00
5s Water 1961.—.....AAO
5s registered 1946
MAS
4 Us Mar 1. 1938-'55..MAS 6 0.50
48 Aug 1, 1951.......FAA
4s Annex 1954........J AD

to 1.75
to 1.00

to 2.30

to 1.00

5s

5s 1938-1961—
5s Gen Imp 1943-45

to 2.00

to 1.75

to 1.25

Baltimore—

3.75

1.75
3.20

to 1.90

to 2.30

„

6 0.50

to

to

exempt)
MAN 6 0.50 .to 1.80
Pittsfield—
4s Dec 15 1938-1944... J&D 6 0.50 to 1.90
0.50 to 2.90
2s Dec 119381955
J&D
0.50 to 1.15
Quincy 3 Us 1938 to '39.-A&O
Salem 4s Jan 1 *39 '54 tax-ex. 6 0.50 to 2.50
J£

to 2.75

JAJ

Bdge *38-'40JAD15

Is 1938-1942

2.80

LOUISIANA

b'l'M

..MAN

1952-1958.

to 3.10

(tax-ex) FAA 6 0.50 to 2.90

Medford—
3 Us 19381942 tax-ex.M&N 6 0.50
Needham—
4 Us 1938*43 (tax-ex) .AAO 6 0.50
New Bedford—
4s
Sewer
1938-1941
(tax

MARYLAND

3.80

6 2.50

July

Sb Rd A

4 00

Short Term BondsState Highway—
5s series A, B A 01940-1943 6 2.00
5s series A Mar 1 1943—
5s series F Mar 15 1943— 6*2.50

A&O

School 4 Us 1938-41—JAD 6 0.50
Lynn—
4s *38*39(tax-exempt) MAN 6 050
4s 1940-51 (tax-ex).. .MAN 6 1.10
Maiden 4s '38-'44 (tax-ex) FAA 6 050

Portland Bridge Dist (taxable)
3 Us July 1,1938 to 1939
6 0.75 to 1.50 %
Portland Water District—
4s Funding 1938
1.00
%
JAD
4s Funding 1948
..JAD 6 2.40
Saco 4s April 1939......AAO 6 2.00
South Portland Sewer Dist—
4s 1938-1950—
MAN 61.00 to 3.50
Waterville 4Us 1940-50—
2.50 to 3.50
Westbrook 4Us 1938-48.
6 1.00 to 3.00

3.45
3.45
3 45
3 45
3 30
330

Warren Co—4Us'39-*59 JAJ 6 4.00

to 2.15
to 2.25

Lowell—

Water District—

4s O H *38-'45 tax ex.-AAO 6 0.75

4 Us w w 1938-1970-AAO 6 4.10

State Pension 5s Dec 31 1938

108
109

Portland—

Paducah—>

4s Janl 1942-1956—
3 Us Jan 1 1957-1961

106

6

4s

to 1.75

.... .

107

4s Ref May 1, 1950..MAN 6 3.00
Old Town Water District—
4s
July 1938-1939
.JAJ 6 1.25

3.85
3.80

to 2.75

3 Us May 1 '45 (reg).MAN
3s Bridge 1941.
FA A.

.——.JAJ

Us, 1938-1945

2.75

to 2.70

6 2.00

Cambridge-

MAN

Kennebec

102 U
102
102 U

to

A&O 6 0.50

4&1939-*50

.JAJ 6 0.75
0.75
Augusta—4s Oct 15 1938-1955
4s Wat Wks Sept 1 1938-40 6 0 75
Bath 4s Ref 1941 tax-ex. J AD 6 2.50
Belfast 4 Us Ref *38-*50 MAN 6 4.00
Brewer High Sch Dist—
4
6 1.00

103

3.00

4s 1938-1947 tax-ex

104U
104

4s 1938-1940 tax-ex

102 U

to

to 2.60

Is Octl 1946-1949.

^

Auburn—

102 U

2.70
3.00
to 3.00
to

—...

H'way A Bdge *38-*54.AAO 0.75
4s Sept 1, 1938-1953....MAS 6 0.75
4s Hlghw A Bdge *38-*39 MAN
0.75
4s Highw A Bdge *40-44 MAN
1.50
4s State Pier 1938-1942..MAS 6 0.75
3 Us 1938-1939....
MAS 6 0.75
3 Us 1940-1951
1.50
—..MAS
2slmprove'mt 1938-50 —AAO 6 0.75

to 2.30

2.60
to 3.00

Brockton—

to

MAINE

to 1.80

101U
102 U

2 Us Oct 1 1938-62—AA

_

94 U

5s

Covington—
0iWW Jan 15'39-*61 JAJ15 6 3.60
4 Us Fdg 1938-48
FAA 6 3.60
4Kb 1938-1950AAO 6 3.60
4 Us WW 1939-51—JAJ 6 3.60
4s Fdg 1952 opt '42—FAA 6 3.50
4Us School Jan 11939-69— 6 3.50
Henderson County—
4.20
4 Us RAB Oct l'38-*56 AAO
2.90
Lexington—4s 1945—FAA
5s SD 1938
JAD 6 2.25
Louisville—5s Sch 1962—AAO 6 2.90
4 Us Hospital 1951
MAS 6 2.50
4 Us Ref 1965
JAD 6 2.95
4 Us Jan 1 1970
FAJ 6 2.95
s
4Us Hewer 1959
8ewer_ 1969
J&A 6 2.95
4s Sewer 1947
—FAA'6 2.25
4s Lou W Oo
1950-F&A6 2.35
4s Sewer 1965——FAA 6 2.85
4s Jan 1 1970
JAJ 6 2.85
3 Us
Ref 1943—JAJ 6 1.90
3s Sew A Park 1941
JAJ 6 1.50
Owens boro—5s
Sewer—JAD 6 4.00




4 Us Tun 1960 tax-ex.. A AO
4 Us Dec 1976
JAD

to 3.40
4 Us May 2.1938-67-MAN2 61.00 to 3.55
Tensas Basin Levee District—
5s Jan 1957.
108
—JAJ 106 U

to 2.30
to 2.50

101
—

4U® 8 I *42, *47 A '52MAS

1U on bid side.

Boston—

104 U

5s Dec 1. 1938-1969—JAD 6 2.00
4 Us W W A Sew '38-'54JAJ 6 1.00

KENTUCKY

Less

108

Shreveport—

„

*

Arlington 4s'38-'42(tax ex) JAJ
Beverley—
4s 1938-1945 (tax ex).MAN
4Us Septl 1981——MAS

Red River A A B B District—
5s 1950 Series B
..AAO
5s Mar 1953 opt 1943.MAS
53 1965 Series D
FAA

—

Project No 131953Project No 141945
Ashland—

107 U

101 u

—AAO

1944

July 1968

_

to 2.65

102

to 2.25

to 1.20

to

to 2.65

_

Bridge Revenue Refunding—
Project No 1 July 1 '50 JAJ
Project No 2 July 1 '50 JAJ
Project No 3 July 1 '50 JAJ
Project No 9 July 1955 JAJ
Project No 8 July 11945—
Project No 10 July 1 *50 JAJ
Project No. 11, 1952
Project No 12.1947

to 1.90

to

to 2.60

to

2.15
2.15

to

to

6 0.50

109

"

0.75
Topeka 8 D 4Us Mar 1 '38-'46
0.75
Wichita 4 Us 1938-46—JAD
Wyandotte County—
4 Us Bridge '39 to *41-FAA 5 0.75
4 Us
1939
JAJ
4Us
1940-1945
JAJ 6*1.50

104
3.50
3.60

—

Pen tchartrain District—

Leavenworth—
4Us Water 1939-1947-JAJ 5 0.75 to 2.60
2.50
Leavenworth Oo 5s 1945—— 5 2.60
2.50
2.30
McPherson 4 Us 1945—
1.75
1.50
Reno Oo 5s 1941
2.50
2.35
Saline Oo 4 Us 1945
—
1.50
1.25
Sedgwick Oo 4 Us 1940
2.25
2.10
Shawnee Oo 4 Us 1944
2.50
2.40
Topeka 4Kb 1948
^

3.70 %

102
6 3.60
6 3.70

Chelsea 4s 1958
..MAS
Everett 4s 1941-1956.
J&J 6 2.00
4.00 Fall River—
Orleans Parish Sch Board—
4 Us 1938-1941
..MAS 6 0.50
5s 1938-1944
4s 1938-55 (tax-ex)...MAN 6 0.75
JAD 6 2.00 to 3.10
5s 1945-1967
3.80
Franklin (Town)—
—JAD 6 3.90
4 Us
Plaquemine Parish E Bank—
193844...MAN 6 0.50
58 Oct 1952...—.
102
_AAO 100U

_

0.75
4 Us 1939-1953—
FAA
0.75
4 Us
1938-1953——JAJ
Sch Dist 4Us 1939-'54JAJ b 0.75

3.50

to

6*0.50"

*4Us 1938-1961
AAO
•4 Us Sept 1.1938-'68.MAS
4Us Non-callable 1952 JAD

0.75
1.75

1.00
2.00
2.25
1.00
2.65

to

6 2.00

1 Us Pub
Wks—Septl 5'38-'40 6 0.50
Is Pub Wks Feb 151939-41

105 U
107

4s July 1 1940-1952
101
4s Mar. 1 1942-1964-MAS 6 2.80
Orleans District—
5s July 1938-1939.
.JAJ 101
5s July 1940-1949
..JAJ 104
5s July 1950-1959—..JAJ 104

KANSAS
Soldiers* Compensation Bonds
4 Us. 1938-1952
JAJ
4s. 1953 1954---------JAJ
Crawford Oo 4U> 1939
Hutchinson—

to 3.60

3U8 Water 1942
—...JAJ
3 Us gold
July 1944
MAS
3s gold July 1 1939
..JAJ
3s gold Water Jan 1 1941 -JAJ
2 Us Dec 1 1938-1947
JAD 6 0.50
2 Us reg July 1 1938-67
;. 6 0.50

_

JAJ

1944

4s Pub Impt '52 opt '42.JAJ
4s Pub Impt 1942...-.JAJ
Orleans Levee District—
3 Us July 11953-1968

2.30

to

^

6 1.25
6 1.00

MASSACHUSETTS

'

,

_

lessl^

b 2.20

107
107 U
108
108 U

107 U
108

Ask

2.50
2.80
2J20

4s 1938-52 (tax-exempt)..Var 6 0.50
4s Water regtetd 1938-58.JAJ 6 0.50
3 Us 1956 ref (tax-exem).JAJ

„

to 1.50

b 2.25
b 1.00

106
106 U
107

Lake Borgne Dist Levee—
6s Dec 1952 opt 1942-JAD
New Orleans—Public Belt—
5s 1939 44 opt 1939-JAJ

to 1.75

6 2.30

105j
1053

—AAO 15
..—FAA 15

5s Jan 1954 opt
5s 1956-1970

1.50
3.50

to

6 1.00

104

104
104 U

JAJ

or

102
103
4 Us 1939-1944
AAO 6 2.25 to 3.25
4Us 1945-1966—-AAO 6 3.40 to 3.90
Public Belt Bridge Rev—
2.75
4s 1939 1945
AAO 6 3.00
102 U
4s 1946-1956
AAO 101U
4 Us serial gold 1939-45— 6 1.25 to 3.25
6 3.30 to 3.60
4 Us serial gold 1945-60—
6 3.65 to 3.75
4 Us serial gold 1961-80
Sewer and Water—
4 Us 1939-1945
JAD 6 1 25 to 3.25
4 Us 1945-1960——JAD 6 3.30 to 3.60
4 Us 1961-1980
-JAD 6 3.65 to 3.80
4s 1939-1950
JAD 6 1.25 to 3.40
104
4s Constitutional 1942.JAJ 103 U

si

4Us

103

JAJ

Oct 15,1962 op '52.AAO
Oct 15,1963—AAO 15

Cumber'd 4Us W W '41.AAO
Hagerstown—5s Water 1938-1987
AAO
4 Us 1938-1987
AAO
Montgomery Oo—r
4 Us 1939-1968——MAN
Washington Sub San Dist—
3 Us Wat A Sewer '87-MAN
4Us Sewer g 1973—...JAJ
5sl969—_

-

JAJ

1950 opt 1940
1952 opt 1942

Lafourche Basin Levee—

DesMoines5s 1938-*57—-J&J
4Us W W 1938-42—J&D
0s Gen Obllg 1938-40—J&J
Des Moines Ind 8 D—
■
4Us Sept 1 1945—MAS
4Us 1944.
—
-—5
4s Sept 11945
MAS
Fort Dodge 5s Fund *39. A&O
Lee Oo Prim Road 2 Us. 1948

108
104 U
3.40 %
106

Fifth District Levee—

to 2.75

b 0.50
b 2.60

1938-1942—-JAD

S

Oaddo District Levee—
5s 1951 opt 1941

IOWA
4Us

ser

.

Bid

Bonds

Baltimore—(Cont.)
3 Us Refunding 1952
JAJ
3 Us Sewage Impt '80.AAO

97
102

1941-60.-JAJ
1941-60—JAJ

1941-1957..—-JAJ 102 U
3 Us series S 1958-1960.JAJ 100 U
State Pension 5s June 1,1948. 6 3.60
Oapltal Bldg 4 Us Aug 15, '52 6 3.55
Atchafalaya Levee Dist—
5s Sept 1938-1972
MAS 106 U
5s Dist ref A imp 1949.MAS 104
Baton Rouge—5s '38-'54 MAS 6 3.50
Bossier Dist Levee 5s '54. AAO
104U
4s

2.25

5 Us 1941
M&S
South Bend Sdiool City-—

Impt

Yield Basis

To
Net

4 Us series DAE 1944-55.. 6 3.60
5s series F Mar 15.1945-48. 6 3.55
6s series K July 1.1947-49- 6 3.65

50

Indianapolis-_
5 Kb Track Elev 39-47-J&J 6 1.60 to 2.50
4s Fire Den J'ne 1 41-J&J
1.75
4Us Sch Jne 15 40 J&D15
4ha 1939-1955.-.-— J&J b 1.50 to 2.75
50
3 Us City Hall 1939—J&J

4Us

W Ask

Long Term BondsState Highway—

to 2.25

b 2.60

Bid

Bonds

Net

Ask

1943—

19481956—J&J30

4s O H

BONDS

of the month preceding the date of Issue

Quotations for all securities are as near as possible for the closing day

bid side.

4s July 1 19381947

Street railway 4 Us

6 1.00

March, 1938]

MUNICIPAL

AND

STATE

Quotations for all securities are as near as

Yield Basis

Yield Basis
Bid

Flint 4Mb 1938-54—„M&S 15
5s (Mar 1 & Apr 1) *38-'50—
Flint Union School Dist—
5s 1938-1954...
M&S

2.00
2.00

Bonds

Ask
to 4.00

to 3.80

4M»

to 2.25

Grand Rapids—
3Ms Sept 1 1938-1940 M&S
3s Sept 1 1941-1945—M&S
Grand Rapids School Dist—

1.50
2.10

to 2.00

4Mb
4Mb
4Mb
4Ms

M&S

1.50

to

w4 Ms 1938-1943.

Highland Park¬

3.60

in® April 151957—

5Hs May 1 1941..
4Ms School Not 11954....
Jackson 4 Ms 1938-47—A&016 6 2.00
4Mb July 15 1955
Jackson Union S D—
4 Ha 1938-1945
M&N 6 2.00
Lansing-—
4 Ms 1938-1946
1.00
..J&D
1.50
Muskegon 4 Ms 1939-44..J&J
2.50
Muskegon 8 D 5s 1942...July

to 2.75

2.50 %

less 1
2.30
3.40

to

to 2.25

3~ 00

1950- 6

M&S

5s 1941
3 Ms 1941-1951
2Ms 1945-1955
St Cnarles County

to 2.75
less

1

91

J&J
—J&J
J&J
3 Ms toll

less 1
to 3.00

to

to 2.50

4Mb 1939-1939

to 2.50

4Kb 1940-1953
4Mb 1938-1948
4Mb 1941-1948..

less 1

St

1938-1943.—-.-J&J
-F&A
F&A

impt

3?10

M&N
M&N

4s 1938-1940.—......M&N
4s 1941-1945
M&N

8Mb July 151943..
J&J 6 2.00 less 1
4Mb Dec 11939
J&D 6 1.50 less 1
2M trunk h'way *47-51—M&N 6f2.15 to 2.20 %
100
99 M
1.85sRuralOredItctfs 1941
101
100
....

Siuluth—Credit ctfs 1942
Rural

J&J 6 0.75

to 2.25

3

Mb

Duluth Ind School Dist—
5 Ms 1938-1940
-A&O 6 0.75

2.40

6s Bridge 193840
M&N 6 0.50 to 2.00
5Ms Bridge 193840—M&N 6 0.50 to 2.00
4Ms Sanitarium *38-*42 J&J 6 0.50 to 2.25
.4 Ms Hospital *38-'41.M&N 6 0.50 to 2.00
Mino ea polls—

2.75

to 2.75
to 1.70

6 0.75
6 1.00

2Ms 1938-1947—..
F&A
4Mb 1938-1950
F&A
4 Ms Rd & Bdge *38-*44M&N
4Mb Rd & Bdge *38-'43 J&D

60.75
60.75
60.75
60.75

July 11951...J&J

4Mb W W 193842
A&O
5s School July 1 1951..J&J
5s Geu'l impt 1939 62—J&J
4Mb Sewer July 1 '43—J&J
4MB 1939-1959
J&J
4s 1938-1961
.....A&O
2.60s 1938-1957——J&D

6 0.75

to 3.00

to 2.90

63

2.70
to 2.60
to

m

2.00
2.00

2.40

4Mb 1938to 1969

6 2.00

to

J&D 15

to 2.10
to 1.00

to 2.50

1.25
1.25

to

1.25

to 1.75

5Ms 1938-1961
F&A
4Ms Water '38 to '60.M&N
4MB 1942-1969....... J&J
4s 1945-1970
Camden Co—
4Mb 1938-1970
J&J
4s 1944-1968

_

to 2.30

to 2.30

1.50
to 2.10
to 2.50

to

°.2$
to

3.00 %

6 2.50
6 2.00

to

4.00

6 2.50

to

100
6 2.50

to 4.20

6 0.75

to

6 2.00
6 3.60

%

to 93

to 4.25

^Ms^£ool 1938-1951.M&S
Cape May Co—

2.30 to 2.45
1.00 to 2.70
0.75 to 2.10
2.00 to 2.60

„

„

4Mb 1946-1973.*

to 89

to 4.05

77

1

1.75 to 3.00 %
113 M
116
1.25
1.75
1.25

to

M&S 15 6 1.00

to

1938-1969...... J&D

'

5b Sewer 1939-1960.... J&J
3 8chool 1938-1974
A&O

less

81

100

M&S

East Orange—

4MB

»

to3.20
to 3.50

3.10
Elizabeth—
4Mb
1.75 to 3.65
1938-1957.
..A&O
1.25
1.50 to 3.60
SMsDec 1 1938-1946. J&D
6s 1939-1972.........J&J 6 1.75 to 4.00
1.10
Englewood—
5s 1938-1944......... A&O 6 1.25 to 2.70 %
1
>

—

_

1.25
to 3.25

%

Essex County—
4 Ms 1938-1960—i
4s

3.00

Hospital 1946—....F&A

I50

Essex Fells (Boro)—

July 281938-1960
6 1.50
Fairview—5s, 1944—..—J&J
98
Glen Ridge—
4 Ms Mun Bldg 1938-70 F&A 6 1.25
Gloucester City—
4Mb 1938-1966—
.J&D
88
Gloucester Co—
4 Ms BIdg&Rd*38-'45 J&D20
Hackensack—
4Mb 1942—
F&A
4Ms Imp 1939-1942—J&J
6s 1939-1954
..F&A
3s 1938-1966—
..M&S
Hoboken—4Mb
1940... J&J

to

3.15 %

_

„

4Mb Wat wks Dec 15 *41 J&J 6 1.60
4Mb May 11956
M&N 6 2.85

to 1.50

5s 1948-J&D 6 2.35
Omaha SD 4Ms Mayl*55M&N 6 3.10
York School District—

to 2.25

J&J 6 1.50

5Ms Water 1938-1963.M&S

3.75 %
101

to

to

3.10 %

88
6 1.25

to 2.60

to 3.25

%
3.00

_

6 2.00 to3.10
6 2.25
6 2.00

to 4.10

5s School 1939-1954...J&J 6 3.50

J&J 6 2.00

4Mb 1938-1955-

4.10 %

6 97
6 94

4s

2.70

to 3.00

to 2.60

NEBRASKA

to 2.85

3.75

to 3.35

6 1.25

5s

Beatrice J D 5s 1939-54—F&A 6 1.50

to 2.85

3.50

1.25

4^8 1938-1959

6 0.75

4.10
to 3.50

Camden—

to 2.60

103
Bridge Rev 1957—-J&D
Douglas County—
■'
5s Highway 1938-46-.A&O b 1.50 to 3.00
to 2.30
Holdrege 8 D 5s 1938-55.J&D 6 1.50 to 3.15
to 2.60
Lincoln School District-—
to 2.40
4Mb 1928-1953
M&N 6 1.25 to 2.90
to 2.30
McCook Fund 5s '38-43.F&A 6 1.75 to 3.20
North Platte Sch Dist—
to 3.50
-2.50
n
to 2.25 %

6*0.75"

%"

to 4.10
to

5s

%
2. 60

5.00
to 4.15

6 2.00
6 2.00

Bogota—
4MB 1938-1946——J&D
Bound Brook 4 Ms *38-'42 J&D
Bridge ton (City)—
4Mb 1938-1958—...J&D

to 2.70

to 2.80

to 87

d14b Court Hse 1938—-A&O

M&N

Dakota County—

58

100

Bergen Co¬
il Ms Dec 1 1938-1942.J&D
5 Ms Dec 15 1938-60-J&D15
5s Dec 15 1938-1955. J&D15
4M«
1938-1939
A&O

to 2.15

2*4

6 0.75

0.75
0.75
1.25
0.75
1.75
0.75
1.60
2.20

J&J 6
4Mb Wat & Sew *39-'50-J& J 6 1.00

6 0.75 to 2.30
61.10 to 2.70
6 0.75 to 2.35
6 2.10 to 2.35
6 0.75 to 2.35
6 0.75 to 2.30

Ramsey County—

63

M&N

1938-1940
.M&S
Delaware River Joint Com.
Phiia-Oamden Bridge—
4Mb 1938-1945...*.. M&S

Great Falls—
5 Ms Sewer 1939

Net

Bloomfield—

Highway debentures—
4Mb Dec 31 1939-40
4Mb Dec 31 1938-39
Daniels Co 5 Mb 1939-42—J&J 6 4.25
6s 1941 opt 1940.
..J&J 6 4.00

4s 1944

.A&O
3 Ms 1938-1941
...M&N
2.60s 1939-1966...
A&O
2Mb 1938-1947
..M&S
2 Ms 1940-1967..
M&S
2.30s 1938-1947
M&S
2.20s 1942-1959
J&O
2s 1938-1946
A&O
1.90s Oct 1 193846..-A&O

-A&O
-F&A

.M&N

1938-1970

3D 4Mb 1938-55
M&S
Bavonne—5s
1939-1949-J&J
4MB
1938-1955F&A
4Mb School 1938-66
F&A
Belleville 5s 1938 & '44.M&N
Belleville 8 D 5s *38-'44 M&N

3.20

to 2.90

MONTANA

5s

to

1.80
2.40

1938-1053

1.75 to 2.50

Hennepin County-—

1940.1943.1945.1946.
1947. 48, *49. *50
J&D 6 1.75
4Mb Apr 1938-1952
A&O 6 0.75
4 Ms 1938-1940
A&O 6 0.75
4s Improvement 1942-J&D

to 3.25

2.00 to 2.80
1.75 to 2.85
0.75 to 2.90

& impt

Public bldg

Springfield 4 Mb *38-*49—M&N
University City—
4Mb 1938-1943
M&N
4Mb 1942-1949—
J&J15

to 2.40
to

to 3.05
to 3.30
to

4MB

4Mb,

A

Atlantic City—
2M-4Ms Jan 1973

3s School 1940-54
3s Refunding 1952——A&O
2Mb Public bldg & impt

to 2.50

6 0.75
6 0.75

.M&N
J&J

M&N

4s 1946-1951

Ask

.

Joseph S D 4s 1940.......
St Louis 4Mb Public bldg &

3.00

Bid

57
82
Water 3-4 Ms Jan 1973
Atlantic County—
4Mb Bridge 1938-57-A&O 6 93
Audubon (Boro)—
6s July 11938-1944

bridge series A.-July 15*56
St Joseph 4Mb l938-'45--M&S 6 0.75 to 2.50
Refunding 4 Mb May 11951

MINNESOTA

St Paul—
6s school

3.75

to

3s 1954-1975

I

to

4Ms Airport April 11948.

1938-1946

to

0.75
0.75
0.75
0.75
0.75
0.75
2.75
2.60

1938-1955.
A&O
Airport 1938-54.-A&O
4s Airport 1938-1971.. M&S
3 Ma 1938-1974
-J&J
3 MB 1939-1974
F&A
3 MB 1939-1955..
-A&O

1.50
1.50

—...

4 M" 1938-1947.
4 Ms 1938-1942

J&J

-

1.00

Covert roads..........
Voted bonds..

0.75
1.25

Various May 9 '38 *72 6 0.75
Jan & July 1942...J&J

1.00

Wayne County-

0.76

J&J

87
4.25
2.50

Port Huron 4 Ms 1942
Saginaw—4 Ms 193849—F& A
2 Ms Sewer 1938-51
J&D

_4s

1940

Bonds

Asbury Park

.

—

To

or

Net

Ask

J&J

2Mb 1956-1975..
.A&O
3.50
Kansas City S D—
4s 1941-195180
.—.J&J
4MB 1940-1950
—J&J
3.40 %
4MB 1939-1950
—J&J
4Mb 1946—..
J&J

.

Pontlac—
Refund 4-4 Ms 1964 opt 1937
4 Ms School June 11955

Bid

Kansas City—
4M« 1939
5a Water 1939

to 4.10

2.00
2.00

4M« Mar 11938-1939

Yield tutsis

To

or

or

Bonds

95

BONDS

possible for the closing day of the month preceding the date of Issue

to 4.75

to

3.50

,?00

%
Hudson County—
4MB 1938-1978—-M&N15 6 1.25 to 3.75
w4s g Park 1954 & '59.M&N 6 3.20 to 3.30
Hunterdon County—
4 Mb Road & bldg *39-'46J&J 6 1.25 to 2.65 %
Irvington 5s School 1963.J&D
3.50
4Ms 1938-1959-.
J&D 6 1.50 to 3.50 %

to 2.75
to 2.90

......

MI3SISSIPI

„

NEW HAMPSHIRE
0Ms Impt 1938-1946
M&S
4Mb May 1 1939-50
4Ms Impt 1953——J&J
4Mb Flood 1938-53
A&O
8s. 3 Ms & 3 Ms highway notes

6 3.75
6 3 75
6 3>5
6 3.75

3.40%
3.40%
3.40 %
3.40 %

-

4.25
4.25
4.25
4.50
4.50

to 1.90 %
to

2.00 %

_

—..J&D 6 2.00

to 1.70

bonds—
Series A July 1938—
s Series B July 1939
s series O Jan 1940.—
s Series D July 1940—..
b series E Jan 1941.—
Bonds—
a series O July 1939—
s series D Jan 1940—
8 series E July 1940—.
s series F Jan 1941—.
s

3.50
3.50

3.75

3.50
3.50
3.50

_,_sseries G July 1941....
4s series H July

1942—

4s series I July 1943—
4 Ms series A of '27 July 1944
4s ser B of '27 July 1950.

MISSOURI
4Mb Road 1948-1950
M&S
4 Ms 1938 & 1939
A&O
4Mb 1943-1946.
.....M&S
4s 1943-1947
M&S
—

A&O
M&N
8Mb 1948-1952—...... J&J
4 Ms Road 1938-1942
8s Road 1953-1957
J&D

4s Road 1944-1948
4s Nov 1 1948-1952

2.25

Soldiers Bonus 5s July 1941
Highway Extension—
4 Ms D of '20 Jan '54 opt '39
4
sE of *20 July'54 opt *39
s F of '20 Jan *55 opt '40
4
s A of '24 Jan '55 opt '40
4
4
sB of'24 July *55opt'40

to 2.40

0.60
1.50

to 0.90
to 1.90

1.50 to 2.00
1.60 to 2.00
2.00 to 2.30
2.10 to 2.25
0.75 to 1.50
2.10

0.60
Building, 1939-1941..*.J&J
8s State Bldg 1940-44—F&A 6 1.00
Buchanan CountyRet 3s 1943-1950
J&J 6 2.00
Jackson County—
0.75
4s 1938-1951
—^.J&J
0.75
4Mb 1939-1950
J&J
0.75
4Ms 1938-1950
J&J15

4

[s Oof'24 July'56 opt'41
4., sser B of*30 July '38-*67
3 Mb ser C of 30 Nov *38-'69
.

to 2.25
to 1.20

8s

to 1.65

to

2.75%

to

Institutional Construction
3 M« ser A July 1938-1966— 6 0.50
4 Mb series B July 1938-67— 6 0.53
6 0.40
4s series O April 1938-69




t Called for payment April 1st.

5s 1938-1958
4Mb 1938-1983

to 2.70
to

n

2.70

Nominal.

b 2.25

-J&J 6 2.25
F&A 6 2.00

to 3.60
to

4.10

4.50
77
to

3.00 %
1.75

to 4.00

%

2.75
to 3.10
to

to

3.35

to 3.35

fo

1.75
2.50

to

1.25
2.60 %

to

2.60

to 3.35

%

to 4.50 %
to 4.40
to 4.25

to 4.20

9?

9?

4Mb School Dec 1 '45..J&D
4s Sch house 1959 opt 1949
98 M
4s Pas Val sew'61 op «51J&D
98 M
4s 1938-1970——.—.J&D 6 2.00 to 98

4.00

3 Ms Track elev 1954..F&A

to 2.75

3.9C

2Mb Jan 15 1939-76—J&J b 2.00

-

f Flat price,

impt '38-'52.J&D b 1.50

5Ms Oct 15 '38 to'59 A&015

2.70

1

to3.15|%

t Less 1 on bid side,

Kearney—
4 Ms Water 1938-70- J&D15 b 1.50 tO 3.80 %

to 2.75

6 0.75

2Mb series D May 1938-70. 6 0.40 to 2.60
Emergency Relief—
to 3.10
6 0.90 to 1.20
3 M« Jan 1939-1941—
to 3.IO.70
6 0.40 to 1.20
5s May 1938 to 1941
6 0.75 to 1.20
4 Ms Nov 1938 to 1941..
3.00
4Ms 1949
.——..J&D
0.75 to 3.15 %
4 Ms Road 1939-1952..J&J
3 Mb Mar 1938 to 1942.—. 6 0.40 to 1.40
6 0.40 to 1.40
0.75
3 Mb May 1938 to 1942
4MB Court h'se '39-52 J&J
6 090 to 1.60
2M Jan 1939 to 1943
Joplin (School District)
6 2.40 to 2.80%
Ed Aid 4Mb ser A Jan 1939-42 6 0.90 to 1.40
4Ms 1943-1948.....
6 Basis,

.—

—

6 0.50

...

to 3.00

5s 1938-1969
4 Ms School 1938-58

5Ms 1938-1970—.
J&D b 1.75
Lodi—5s 1939-1947..
J&J
83
Jranch 5s 1943
M&N
Lyndfturst 3-5s 1938-57—J&J
72
0.50 Maple wood (Township)—*
4s 1938-1967
0.90
—J&D15 6 1.25
1.05 Mercer County—
1.05
3 Ms April 1941
A&O
*"
1.20 Middlesex""
3 Ms 1939 to 1967.
-J&J b 3.00
0.90 Middlesex County—
1.05
Ms Road 1939-1944..F&A
1.50
1.05
mp 3s Nov 15 1938-1948—
1.50
1.20 Monmouth County—
1.20
4Mb Mar 15 '38-'50,.M&S b 2.00
4 Ms Rd & bdg '38-51F&A15 b 2.00
1.40
1.60 Montclair 4MBSch 1941. A&O
1 75
4Mb High sch bldg '44.J&D
2.30 Morris County—
4 Ms 1942 opt 1922....J&J
1.20
3 Ms 1939-1949
J&D15 b 1.25
0.90 Monristown—
0.90
4Mb 1938-1942—.*.—J&D b 2.00
4s 1938-1969-1.05
M&N b 2.00
1.05 Neptune 4Mb 1940-55—.F&A
1.05 Newark—
1.20
6s 1938-1972
M&S 6 2.25

NEW JER8ET

3.50

3.75

to 0.30 %

4Mb Sch

4.00
4.00
4.00
4.00
3.50

4.25

to 2.20 %

4Mb *38, *40. '42. '44.M&N 6 1.20 to 2.10
Keene 4 Ms 1938-1942—M&N 6 1.20 to 1.75
Manchester—
4s 1938-1940.
M&S 6 1.15 to 1.50
4 1941-1945
M&S 6 2.15 to 2.30

100
103
4.25

Mississippi Levee District—
4.00
5s May 2 1944—
M&N
5s July 11953
4.00
J&J
Vlcksburg—
5s Pub Imp 1938-48-—F&A 6 4.25
Yazoo-Miss Delta Levee Dist3.75
5s 1938-1954
M&N
3,75
4Mb July 1949
J&J
4s 1952 optional 1922—J&J

...

4M» 1942

1st series sub-series E—
1938-1955
A&O t.
Biloxi 5 Ms 1938-1943—A&O
Callable bonds............
96
Non-callable bonds........
98
Greenville 5s fund *43-'50 F&A
4.50

Jackson—
5 Ms 1938-1954
A&O
4Ms Jan 1 1939-1952
4Ms 1938-1952...—.M&N
Jones Co 5s 1938-1942 ..M&N
Meridian 5s Dec 1 1939..J&D
4Mb School House 1941 J&J

1938-1943.J&D 6 0.85

Concord—

8-3M-3M-3M% H'way notes

A&O b 4.00 to 4.50
A&O b 2.25 to 4.50
J&D6 2.25 to 4.25
4Mb School 1945
J&J
4.00
4Mb Water 1961...
A&O
4.10
4MB 1938-1967
...J&D 6 2.25 to 4.20 %
4s Refunding 1949
F&A
98
100
4s July 1 1938-1953.—.—. 6 2.25 %to98
Gen ref 3Ms '39-'54—F&A b 2.25 to 4.00
3Ms. 1938-1956
J&D b 2.25 to 3.90
Keansburg 5Ms 1938-59.M&N
90
5Ms 1942-1953...

4s July 1938-1948-—*..J&J 6 0.80
4s June 1938J&D b 0.75
4s Highway 1938-1943.-M&S 6 0.80

4Mb Highway

Ser I due 1938 to 1956..—.
Ser II due 1956 to I960....

,

Jersey City—

<&

to 3.75

%

96

STATE AND MUNICIPAL BONDS
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue
Yield Basis
Bid

Ask

F&A

2.00
2.00

to 3.65

4 ha

2.00

to 3.65

1938-1967
J&D
North Arlington (Borough)
Refunding 4s
North Bergen ref 4s-434s

73
77

.....

Nutley (School District)-—
4^s 1939-1942
F&A
4kb 1943-1967
F&A
534s Nov 15 1938-39-M&N
Ocean City—5s 1944
F&A
434s Impt May 15 1938-'-56Ocean Co 4Kb 1938-*50_J&D
Orange—
4mb Sewer 1938-1964.A&0

83

to

81

6 2.00
6 3.00

6 2.00
98

to 2.50

to 3.70

to 4.35

General State

to 3.60

Passaic—

4kb Refunding 1944—M&N
43is Water 1939-1970—J&J 6 1.50
Passaic County—

J&J 6 1.25

434s 1938-1946

434s 1938-1968
J&D
Pater son—
534s 1938-1959
M&N
434s Feb 1 1945
F&A
434s 1938-1967
A&O
Perth Amboy—
4 >4 s April 1944
—
434s Water 1938-64—M&S2
5s Feb 1939-1977
F&A
4 hb refdg 1944 & '46--F&A
Plainfield 4s School 1959 M&N
434s 1938-1962 Various.J&J

Eahway—
4mb 1938-1953

6 1.25

to 0.75

to 2.65

117
117
117

%

to 3.75

6 0.30

119
119
to 2.65

to 1.90

to 1.70

to 4.10
to

Albany County—
4kb 1938-1960
M&S
334s Fund 1938-1941. M&N

3.65

Albany (City of)—
4 K 1938-1969

to 3.60

100

92

6 1.25

to

3.00
3.25 %

to 3.60

to 1.75

6 1.25
6 1.25
73

to

3.10

6 1.25
6 1.25

to 2.75
to 2.90

Terminal—

-J&J 6 1.25
M&S 6 1.25
J&D 6 1.25
J&D 6 1.25

4 34s

to 85
to 2.50

1938-1969
4KB 1938-1968
Summit—
4Kb School 1941
F&A
4)*s Imp & sch '38-'60_J&D
Sussex Co 43is '38-'44—M&S
4s Impt 1938-1955—-M&N
Tenafly 454s 1939-1963-F&A

4kb 1938-1959
Corning 634s 1938-60

6 1.25
6 1.00

to 2.35

6 1.00
6 2.25

2.75
to 4.15

3.10

to

4kb 1939-1958

-A&O

6 2.00

A&O b 1.50
F&A b 1.50

to 3.60

F&A 6 1.50

to 3.40

to 3.50

J&D

City Hall 1939

4*.40

to

2". 75

to

to 2.60

A&O

4s Oct 1 1942

2.80s Gen Impt B June 1
1950-65

6 2.40

Union Township Sch Dist—
434s 1938-1968
J&J 6 2.75
Ventnor City—
Refunding 4-5 34«
88
Vine land (Boro)—
534s 1938-1950
M&S 6 1.75
Westfield—
5s June 15 1938-60-—J&D 6 1.00
434s 1938-1966
A&O b 1.00
West New York—
4348 Oct 1 1938-1968—A&O 6 2.75
5s School 1938-61
M&N 6 3.00

to 2.80
to 4.50

93
to
to
to

4.00 %
3.35
3.10

to 5.00

50

NEW MEXICO

1939-1940—J&J 6 3.00

534s Highway 1939-1940-J&J 6 3.00
434s Dec 16 1952 opt '22.J&D
99
4s Fund 1939 opt 1919—M&S
99
3kb H'w'y deb r46-'47—M&N b 2.75
3 34« H'w'y deb '48-'49—M&N
100
3s Jan 1 & July 11949-1952.99
234s H way deb 1944-45-M&S b 3.00
Albuquer que—
5s Water Works 1962—J&D
110
434s 1938-1950
J&J 6 3.80
4kb 1938-1950
J&J b 3.80
Middle Rio Grande Conser
Dist 534a 1938-73
F&A
55
Socorro Co 5s 1941 op '21.A&0
95

2.50
2.50
100
100
to 3.00

102

101

2.50
115

3.40
3.40
60
98

NEW YORK
5b Jan & Mar 11938-1945
5b Jan & Mar 1946-1970
is Canal 1964
[•

Canal 1965

lb

Highway 1965

lb Barge Canal 1945
_.Is Bonus 1938-1939
4348 Bonus 1940-1949

to 1 .90
to 2 .80

M&S b 2.70

4348 Highway 1963

6 0.20
6 2.00

to 2 .60

-

J&J b 2.70 to 2 .60
J&J 6 2.65 to 2 .55
M&S b 2.65 to 2 .55
J&J b 1.90 to 1 .80
A&O b 0.25 to 0 .80
A&O b 1.10 to 2 .15

4s Canal Term 1942
J&J 6
4b Canal Term Jan 1946—J&J 6
4s g High Imp Mar 1958-M&S b
4s g High Imp Sept 1958.M&S b
4s High Imp Mar I960-- M&S
4b Canal Imp July I960--J&J 5
4b Canal Imp Jan 1961—J&J b
4b Canal Imp July 1961--J&J b

4s Highw Imp Mar '61—M&S b
4s Palisade Park 1961
M&S b
4s Canal Jan 1962

J&J b

4s Highw Imp Mar
4sdue Sept 1 1965

'62—M&S

7o

to 4.60

West Orange (T) 6s '38.M&S

6b Highway

%

b
b

1.40
2.00
2.55

2.60
2.60
2.60

2 50
2 .50

2.60

2 .50

2.60

2 .50

2.60
2.60
2.60

2 .50
2 .50

2.60

2 .50
2 .50

2.60
2.60
2.60
2.60
2.60
4sBldg constr 1938-1939M&S b 0.25 to
,4b Bldg constr *40-'49—-M&S 6 1.10 to
4b Apr 15 1940-1955
A&O 6 1.10 to

4bdue Jan 1 1966
b
4s Canal Imp Jan 1967--J&J b
4s Highw Imp Mar '67—M&S b
4s Palisades Park 1967--M&S 6

1 .25
1 .90
2 .45
2 .50

2 .50

2 .50
2 .50
2 .50
2 .50

0 .80

/ Flat price.




to 3.35

1.00

1.20
6 1.20
6

3.60

6 1.20

6 1.20
6 1.20
6 1.20

to 3.50

3.40
to'3.40
to 3.55
to 3.30
to 3.10
to 2.80
to 3.10
to 2.85

3.40
3.60

City—

120
June 1965
J&D
1963
M&S 11834
May, 1957
M&N 116
Nov 1957
M&N 116
Dec 1, 1979
J&D 124 K
Corp stock 1967--J&J 120 K
Corp stk 1971
J&D 15 122
July 1,1938 to 1955___ b 0.50
Jan 1, 1977—J&J 119
Sch & Var '38-'39.J&D 6 0.50
I960
M&S 11434
Mar I, 1962
M&S 115
Mar 1, 1964
M&S 115 K
April 1,1966
A&O 116
Apr 15,1972—_A&015 11734
Rap Tr & Wat '74 J&D 11834
-.

12134
120

11734
11734
12534
12134
12334

to 3.60
to 3.50

A&O 6 0.60
M&S 6 0.60

to 3.00

M&S 6 0.60
M&S 6 2.25

to 2.80
to 2.60
to 2.60

to 2.00
to 2 45

%

1950-53

—M&S

3.20

2.90 March 1. 1938- 1947Essex Co 4s 1939-1956—.M&S
Franklin Co 4Kb '39-'40-M&S
Free port—
4.20s 1938-1945
M&N
4.20s sewer 1946-60—M&N
4kb 1938-1951
M&N
4.40s 1938-1950
M&N
Garden City 4Kb 1938-52.J&J
Greenburach (T)—

6 1.25

3 kb

1.00

3.15
to 3.05

6 0.60

to 2.65

6 0.75

to 2.00
to

6 2.85

to

6 0.85

to

6 0.50

to

3.00

J&J 6 1.00
Greenburgh U S Sch Dist No 9
4.40s 1938-1965
J&D 6 1.00
Groton 6s Wat '38-*60—M&N 6 0.75

to

4.10% Sewer 1939-50--J&J 6 0.70
4Kb Wat May 1 '41-48M&N 6 1.70
4Kb Sew '39-'46 reg.M&N 6 1.00
3.95 Nov 1,1961-70-M&N 6 2.75

3.00

3.65

6 0.90
6 0.75

b 0.75
6 1.00
6 0.70

2.75
3.25

3 kb 1942-1945
2s Mar 1 1939-1949

3.35

4.75
to 3.50
to 3.70
to 3.75
to 3.50

to

to 3.40

3.10

6 0.75

to

3.00

6

2.00

6 1.75

§3.00

0.75
0.85
0.60

9934
to 2.90

to 2.50
to 2.50

to 3.00
to 2.15
to 2.15

to 2.20

to 2.90
to 2.20
to

2.00

to 2.75
to 2.00
to 2.80

2.80

to 3.30

2.80

to 3.35

1.20

to 2.35

0.70

to 1.00

0.50
0.50

to 2.30
to 2.40

to 2.25
to 2.25

to 2.00

10834

Gen & ref 33^8 May 1,1976
Gen & ref 3 Ms Aug 15 1977
Gen & ref 3s Dec 15 1976...

10234
9734

2.50
1.00

to

2.60

1.25

3.25

to 2.50

to 2.75

George Washington Bridge4kb Ser B '40 to '53-M&N

„

97

Inland Terminal—
4kb

97

81

3.75

ser

Putnam Co
to 3.50

J&J 6 0.75

to

3.75

to 2.20

to 1.50

3.75

to 2.30
to 1.75

to 2.40

5s

'39-'62

1.75

to

3.90

105

10934
10534
103 34
0834
100

11034

11134
to

1.25

110
to 1.25

113

6 0.90

to 3.10

F&A 6 0.90

to 3.20

0.90

to 3.00

F&A

0.50

to

0.50
0 50

to 2.60

0.50

to 2 30

Rockville Centre (V)
4.15s 1938-1952.
Rome 5 lis 1938-1941

3.90
to 3.60
to 3.20
to

0.50

to

to 2.30
to 1.10

1.00

to

F&A 15
M&S b 0.90
J&D
A&O

2.80
2.70

0.50

1.90

to 2.60

to 3.15 <

Par

to 1.50

0.75'to

M&S b 0.75

%-

2.50 %
to 1.25 %

f Saratoga Co 5s 1939-'40.F&A 6 0.75
4kb 1938-1955
M&S 6 0.75
4s Sept 1 1945-1954_■.,M&S 6
2.25

<

to

3.60

to

1~50

'

to 2.80

«

Saranac Lake 4.45s 1939.F&A
b 0.75
6

<

Par

Rye & Har'son Un Fr S D No 6
4.40s 1938-1953
_F&A 6 Par

to 2.50

to 2.40

4kb '38-'51_A&0

4kb 1938 (reg)
4kb 1938-1946

to 2.50

M&N

to 2.30

>

Rockland Co—

to 1.40

M&S 6 1.00

to 3.50

4kb Pub Imp '38-'58.F&A
4kb
1938-1959
.M&S
48 Imp Sch &c '39-'47.J&J
234s 1938-1957
M&S
134s 1938-1940
A&O
1.70s 1940-1948
F&A

105

to

to 2.95

to 2.40

'38-'41—M&S 6 0.25
D '42-'60-M&S
108

4kb Highway 1938-58.F&A
Rochester

A I960-J&D 104 k
Middle port 4.35s '38-'42_ J&D 6 0.75
4.35s Sewer '38-'39-,-_J&D b 0.75
Mineola (V) 4.40s 1938-68 J&J b 0.50
Monroe Co 4s 1939-44—F&A b 0.75
3.90s Co Bldg '39-'50—F&A b 1.00
1 kb Jan 15 1939-42—J&J b Par
Mount Vernon—
4Hs 1938-1943
A&O 6 0.75
5K& 1938-1941
A&O b 0.75
4Kb School 1962-73-M&N b 3.75
4s Sewerage 1950-55..M&N b 3.50
2kb 1938 to 1956
M&S 6 0.75

to 3.20

to 2.40

0.50

D

4s 1939-1954.
Rensselaer County—

to 1.60

J&J 6 1.70

to 2 60

>

Holland Tunnel
4Kb ser E *38-'41
M&S 6 0.25
43is ser E '42-*60—M&S 112

85
100
to

ser

4Kb

9934

! 98

to 2 40

Authority—

to 3.40

M&N 6 1.00

6 0.70

Gen & ref 4s May 1, 1975—
Gen & ref 3 kb Dec 1,1965-

to 1.70

94

A&O

3.05
102
to 3.00

Par

to 1.50

1.00 |to 3.75

Sk fd 4 34s ser

5s 1938-1943-

J&D 6 Par

4s School 1938-'59
M&S
Port Jervis 434s '39-'69 —J&J
Port of N Y

2.00

Marine Parkway Authority—

4kb 1938 1944

11834
11934
3.45

to

7—

4Kb Water 1938-1969.A&0 6 0.70
Oswego—5 kb, 1938-46-. M&N
0.50
Oyster Bay Wat Dist—
4s
1938-1950
J&J 6 Par
Pelham (T) Un Fr Sch Dist
No 1 4.60IS 1944-1966
> 2.75
Poughkeepsie 434s '38-52 J&D > 0.50

Mamaroneck UnPSD No 1—

2 .10

117

Ref 1.90s 1939-57
F&A
0.50
2.10s Feb 1 1939-1968
6 0.50
Ontario Co 4s '38-'51—M&N 6 0.50

3.40

to

Mamaroneck(T)4k[s'38-64J&J 6 0.75

2 10

F&A 6 0.50

4Kb Water 1938-45-.A&O
4Kb Water 1946-64—A&O
4kb 1947-72
J&J
Oneida 4s Water '40-'45„J&J
4kb Water 1939
J&J
Onondaga Oo,4ka '38-47A&O
3.70s 1938-1951
A&O

to

6 1.00

5kb 1953

3b 1938 to 1946
Nassau County—

6 0.90

4kb
1938-1942
North Tarrytown—

to 4.10
to

6 0.50

6s 1947 Beach acquisition,.

1938-1939

11634

Ossining434s 1938-42.,.M&S
6 0.50

4s 1940

3.90s 1940-1964

M&N 6 1.80

4kb
1938-1960
No Hempstead S D No

10334 104 K
6 0.50 to 2.50

Jamestown—
4s Mar 201943
-A&O
434s 1938-1940
A&015&
Jamestown S D 5s '38-'39 J&D 6
Kingston—
2.70s June 1,1938-1944
6
Lackawanna 4 Jis '38-'54M&N 6
Lock port—
4kb 1943-1949
6
4kb Sch 1938-1944
M&S 6
4.40s 1943-1949
M&S 6
5s 1938-1942
-M&S 6
Long Beach 4s Jan 15 1939—

5Kb May 1 '38-*52

11534
116

Niagara Falls S D

4s 1938 1951

Huntington (T) 4s '39-'52_ J&J
Islip 4s 1938-1951
-M&S
Ithaca—4kb Water 1942 J&J
4kb 1940-1954
J&J

2.35

120
to 1.15

3.20
101

534s 1941-48M&N b 1.70
4.15s Sewer 1965-70--M&N b 2.80

to 3.00

6 0.85

M&N b

Corp stock July 1, '75.

3s Rap Trans 1947-51 __F&A b 2.60
3s corp stock Jan 1 1977 J&J
99
2kb 1939-1953
J&D b 1.00
2kb Serial 1939-46—F&A b 0.50
Niagara Falls—

to 3.15

6 0.85

Harrison (T)—
434s 1939-1980
F&A
Hempstead (T)434s'38-59 A&O
Hempstead 4Kb 1938-65 M&S
2.30s 1939H87
J&J
Hempstead Un F S D No 1—
6s 1938-1954
M&S
Henry Hudson Parkway—
4s April 1 1955
Hornefl 4Kb 1938-1947—F&A
Hudson Riv Regulating Dist—
4Kb 1938-1965
J&J
4.70s 1938-1965
J&J

6 1.70

to

—

J&J 6 2.60

J&D 6 2.50

to 3.30

4Kb 1938-1989
6 Basis.

to

4Kb Feb 15,1976—F&A15
11834 120
4Kb Nov 15,1978—M&N15
11934 12034
4Kb Mar 1, 1981
M&S 12034
12134
4s Corp stock 1938-55
6 0.50 to 3.20
4s July 1,1938-1956
6 0.50 to 3.20
4s Oct 1, 1980
A&O
11434 11534
4s May. 1977
M&N 11334
11434
4s Nov 1955
M&N
109
11034
4s Various 1956
M&N
109
11034
4s Various May 1957-M&N
11034
111K
4s Nov 1958
M&N
11034 111
4s May 1959—
M&N 11034
111™
H
4s serial 1938-1963
J&J b 0.50 to 3.40
3 kb Corp stock July 1 '75-109
110
3jls Corp stock 1939-54,
b 1.15 to 3.15
3 Kb g exempt 1941
M&N b 1.90
1.70
334s exempt 1942
1.90
M&N b 2.10
3 kb R T 1948-1950-M&N b 3.00
2.85
3 kb g exempt 1952
M&N 10334 105
3 kb g exempt 1953
M&N 10334 105
3 Kb g exempt 1954
M&N 105
106
3 Kb g Water ex 1954. M&N
105
106
334s exempt 1955
M&N 104
10534
3 kb stock Apr 1,1954, A&O
103
104 34
3 kb Corp stock Mar 1,1960
10434 10534
3 kb Corp stock Jan 15,1976
10434 10534
3 kb reg Corporate stock

to 1.80

3.90s

to 3.30

to 3.30

F&A 6 1.00

4s 1945-1953

.75

Union City 434a 1938-'64.J&D 6 2.75
Union County—
6s March 15 1938.M&S 15
434b Oct 15 1938-52
6 1.00
4kb Rd&Bdge'39-*47_F&A 5 1.00

Par

Par

to 2.15

434s Water 1938-45—A&O 6 0.50
Erie County—
4kb 1938
J&D 6 i;20
4Kb 1939-1959
J&D 6 1.50

to 3.00

to

M&N
M&N

6 0.60

2.75

to 2.30

Elmira—

Trenton—

534s 1938-1951
5s School 1938-1955
434s 1939-1966
434s 1939-1960

1938-1946

4s 1947-1954
East Chester—

to

to 2.50

4K,b Feb 15, '41-'66,F&A15

to

„

4s

to 3.25

Par

2.60

to 2.40

Cortland Co 434s '38-'51_J&J 6 0.60
Delaware Co 4.20s '38-'62A&0 6 0.60
Dutchess Co—

to 3.15

Par

M&N
M&N
M&N

0.50

var. 6

to 2.80

Columbia County—

to 3.15

to 2.20

to 3.25

J&J

3 KB 1940-1964

to 3.85

3.00

.050

J&D 15 6 3.45
M&N 6 1.25

4s 1940-1964

A&O 6 91

Impt 1942-63—J&J

to

M&N 6 0.60

2.60% Relief 1938-45.-J&J 6 1.00
2Kb Oct 15 1938-56—A&O 6 1.00
2.20s Jan 15 1939-47.-J&J 6 1.25
Sewer Authority—

_

to 2.35

Buffalo—

4Kb 1938

to 3.10

534s 1938-1939
—J&J
4Mb 1938-1968
M&N
Sea Isle City 5s 1942
F&A
Somerset County—
4KB 1938-1949
J&D
4kb 1938-1952
J&J
South Jersey Port District—

3.10

2.00

to 1.90

4kb 1938-1967
A&O
4s June 151960
J&D
4s 1938-1958
J&J
4 kb 1938-1964
M&N
3.40s Nov 15 '38-'55-.M&N
3.10s Oct 15 1938-46-A&O

to 3.00

to

.M&N 6 0.50
M&N 6 0.50

2% 1938-1955
Albany Port District—
4s 1938-1972
Bingham ton—
4Kb Oct 1 1938-71
2s Mar 11939-1956
534s 1944.
5s 1938-1950

to 3.25

3.20

.075

to 2.85

2kb 1938-1945

97

to

to 2.90

to 4.20

95

to 3.10
to 2.60

6 0.50

M&N
J&D

6 2.00

93

2.80

to 3.40

.075

434s
4kb
434s
4kb
4Kb
4kb
4Kb
4Kb
4Kb
4Kb
4kb
4kb
4Kb
434s
4Kb
4Kb

to 1.50

to 4.30

Ridge wood 434s 1938-62.M&N 6 1.25

South Orange—
4s 1938 to 1944
6s 1938-1962

6 0.50

to 3.60

1.75

New York

to 2.75

6 2.00

98

1.60
1.80
1.70

6 0.50

2Kb refunding 1939-57-J&J 6 0.75
to 2.85

_

4kb 1938-1973

to

to

1.25

2.60

5s 1938-1950
4kb 1938-1944—
4kb 1945-1965
4Kb 1938-1963.
2kb 1938-1947

to 2.25

to

0.75
2.50

J&D
354 s 1944-1961
J&J
3s July 1 1940-64
J&J
3s 1939-50
F&A
3.40s July 1 1941-45—J&J
2kb 1946-1956
2kb 1939-57
F&A

Newburgh—

to 2.50

to

Ask

County (Concluded)—

4s Wat

6 1.60

1 kb Sept 101944-1946

Nassau

4 kb Wat Impt 1938-41-J&J
New Rochelle—

119

119

6 1.70
to 4.20

Bid

Bonds

4s 1938-1947

$

Improvement—

6 0.50
4 34 1938-1970
4s Munic & Sch '39-'63_J&J 6 0.50
334 1938-1971
-J&D 6 0.50

J&D 6 2.00
Ramsey 5s Water 1938-1940-- 6 2.00
Red Bank (Borough)—
4kb 1938-1953
M&N 6 1.25

4s

to 2.70

6 0.20
6 1.10

or

Net

Emerg Unemploym't Relief-

4kb 1938-1940
M&S 6 2.00
534s General improvement
1938 1951
J&D 6 2.50
5s Impt 1938-1948
M&N 6 2.25

Marine

6 1.10

2Kb July 61938-1962—J&J 6 0.25
1 kb Sept 10 '38-46-M&S 10 6 0.30

„

6 2.00

to 0.75

Unemployment Relief—
2kb July 6 1938-1947—J&J 6 0.25

98
6 3.00

b 0.20

117
3s Mar 25 1938-1987
M&S 6 0.20
Eliminat'n of Grade Crossings
2Kb Dec 8 1938-87
J&D 6 0.30

to 3.00

Ask

Bid

334s Mar 15 '38-'39-M&S 15
334s Mar 15 '40-'81-M&S 15
s Mar 15 '38-'39-.M&S 15
s Mar 15 '40-'81-M&S 15
3s g Canal Jan 1 1956
J&J
3s g Canal July 1 1958
J&J
3s g Canal Jan 1 1959
J&J
3s Canal 1957-59
J&J

to 3.60

4Kb Sch & wat '38-'69-J&D

To

or

Bonds

Net

New Brunswick—

434s 1938-1957

Yield Basis

Yield Basis
To

or

Bonds

to

j

2.751-

Maech, 1938]

STATE AND

Quotations for all securities

are as near as

MUNICIPAL BONDS

Yield Basis

Yield Basis

To

or

Bonds

Bid

Saratoga Springs—
4Mb Park 1938-40
A&O
Scarsdale 4 Jus 1938-45—J&D
Schenectady—

Ask

Bid

Bonds
Iredell Co 5s Aug 1

0.50

to 1.50
to 2.50

0.50
0.60

Yield Basis
To

or

Net

0.60

5s Dec 15 1938-1941
4.30s 1938-1948
J&D
4.15s 1938-1960
A&O
4s Oct 15 1938-1944—A&O

'42.F&A
A&O

4Ms 1938-1950..

6 4.25

to 2.00

to 4.65

6s Ref Nov 1950
Pitt County—

0.60

4Mb 1943-1947

0.50

to 2.40

0.60

to 2.20

1942-1958
J&J 6 2.10
5s Dec 15 1938-1948
b 0.75
1.00
Solvay 4Mb 1938-1940—f&A
Somers (T) 4Ms'38-'53-M&N
1.00

to 2.85

to 4.50

A&O

1.80s 1938-1950

Schenectady

M&S

5s Fund June 1959

Montgomery County—
5s Flood Emerg '38-'42 J&D

to 2.50

M&N 6 0.50

A&O
F&A
2 Ms High & ref 1939-57 M&S

1.00

1.00

to 2.70

0.50
2.20s June 1 1938-1962 J&D
0.50
Sullivan Co 4 Ms '38-'45-A&0 b 0.75

4Ms

to 2.40
to 2.50

to 2.50

Syracuse—
0.60

May 151938
M&S b 0.75

1938-1960.—

4Ms 1938-1944
4.20s Dec 15 '38-71

to 3.00

M&N b 0.50

to 2.25

J&D15 b 0.50

to 2.50

1938-1946

1 Ms

1939-1946

to 2.75
to 2.40

NORTH

to 2.30

Par

to

3.40

to 3.50

5s

to 3.75

s

f

revenue

4s serial
Utica—

to

1977

revenue

109 M
to 3.70 %

3Ms May 15 *38-'51..M&N
Warren Co 4Mb 1939-'50.F&A
5Ms highway 1939-'53.F&A

5s Water 1938-1953

to 3.25

4Mb 1938-1947
4Mb 1938-1952
4MB 1938-1956

to 3.20

0.50
0.75

to 2.60

0.50

to 2.60

0.50

to

0.70

to 2.60

to 2.25

to

4.50
to 90
90

2.50

to 3.25

to 3.00

to 2.40

.

—

A&O 6 4.00
J&J 6 4.00
A&O 6 2.75

A&O 6 4.00
...A&O 6 4.00

A&O 6 4.00

4Ms
4Mb
4Ms
4Ms
■-

3.60
to 3.70
to 3.25
to 3.25

to 2.40

4Mb Sewer 1955

to 2.50

4s 1938-1956

J&J 6 0.50

to 2.00

3Ms
3 Ms

99

100

County—
to 3.50

1.50
San Sew '39-'82—J&J
Parkway 1962-86.J&D 6 3.25
Co Bldg 1938-44.. A&O 6 Par
*44, '45, *56 & '69 J&D 6 2.50

to 8.70

J&D

4s June 1 1959-1964
3 Ms 1938-1951

6

to

3.90

to 2.50
to 3.25

Par

to 3.15

J&D 6 3.20

to 3.25

Bldg 1939-59—M&S

J&D 6 Par
J&D 6 3.25

to 3.00

6

3Ms 1952-1980.

to 3 00

Par

to

3.50

]s
RiS 1938-1951

J&D

6 3.25

to

3.30

4Ma 1939-1959

(reg)—M&S 6 1.00

to

3.50

J&D

1952-1963

te Plains—

3.9f
)0s 1939-1954
F&A 6 1.00
2Mb Sept 1 1943-49
6 2.60
Wolcott 4Mb Jly 15'38-'42J&J 6 1.00
Yonkers—
6s Feb 1 1939-1952
A&O 6 Par
6 Ms Jan 1939-1961—A&O 6 1.50
5s 1939-1961

A&O 6 1.50

4M« July 11938-'62

A&O

to 3.35
to 2.90

to 3.00
to 4.00

to 3.75

%

to 4.55
to 4.30

3.15
to 3.50

%

to 2.60

M&S

r°.80
.90

2.50

0.75

to 2.50

%

Asheville—
32 m

Columbus—
6s 1949-1957

31m

32 m

31m

4Mb 1938-1966
J&J
5s Water 1939 to 1945.J&J

1.50
1.50

to 3.60
to

3.00

to

3.30

Durham County—

1.50
4Mb 1938-1951
J&D
1.50
Forsyth Co 4Mb *38-*58-J&D
Granville Co 4Mb '39..M&N 6 3.00
Greensboro—
5s Water 1942
4Mb 1939-1963
1939-1965

4Mi

to 3.50

2.50

.....F&A 6 3.90
3.60
J&J 6 2.50 to 4.30
F&A 6 2.50

to 4.25

4s Water Works 1954..J&J 6 4.00

3.85
95
4.25

1957-1962.. J&J
92 M
Greenville 5s W W '58—F&A 6 4.50
Guilford County—

F&A 6 1.00

to

J&D 19 6 2.40

M&n 6 1.75

High Point 4Mb 1939-48.J&J 6 4.75
6s Wat Serv 1938-1968 J&D 6 5.00

to 6.25

4Mb 1938-1957

to

6.00

2.75 %

A&O 6 1.00

J&J15 6 2.00

2.50
1.00
1.00
1.00
1.50
1.75

2.50
to 3.25
to 3.20
to 2.00
to

1.75

to 2 60

to 3.25

2.30
to 2.90
to 3.40
to 3.00
to 3.10

to 3.10

pennsylvania

0.85
130

133

4 Ms Dec 1 1951
opt '37—J&D
100 M 101
4 Ms 1939. 1944. 1949
J&J 6 1.20 to 2.00
%
4s Highway Apr.11940,

1942,

3.00

101
to 3.00
to 3.00
to

2.25

1945, 1947. 1950, 1952.— 6 1.40

to

2.10 %

6 1.25
6 1.25

to

2.80
2.75

to

L90

2~70 %

6 1.00

to

6 0.75
6 0.75

to

2.45
to 2.50

to 3.00
to 2.75

to 3.10

J&D 6 1.70

to 2.60

4s 1940-45-/»ft
6 1.80 to 2.50
Braddock 4 Ms 738-'41—M&N 6100M to 2.20
Cambria Co 4Mb Nov 1 *38-'45 6 1.80 to 3.00
Chester 4Mb 1938-1940—-J&J
1.50 to 2.30
Chester SD 4 Ms 1938-42 J&D 6 1.60 to 2.40

Del River Jt Comm

to 2.25
to 3.25

4mb Sewer 1939-59

Altoona
4Mb Water 1938-60—M&S 6100M to 3.20
lethlehem School Dist—

2.60
2.60

$

Bridge
Easton-Phillipsburg 4 Ms
104m
Phila-Oamden—

to 2.75

4Mb Sept 1 '67 opt *41
Easton

imp 1938-43..A&O 6 1.00

to 2.50

J&D
M&S 6 1.00
J&J 6 1.00

Fostoria 5s W W '38-'40.M&S 6 1.00
Hamilton County—

4Mb 1943—
F&A
4Mb Oct 1 1939
A&O
4M8 Sewer Oct 1 1938-'47_. 6 1.00

to 2.80

to 2.00

L00

to

1.00

to 2.40

1.50
Lacakwanna Co 4s 1944-F&A
2.75
Lancaster Co 4 Ms *39-'60F&A 6 0.75
Lancaster S D 4s May 1945—
2.20
Lower Merion Twp 4s 1945— 6 2.20

to 3.20

McK'p't S D 4Mb 38-43 M&N 6 1.10
Mercer Co 5 Ms '38-'47—F&A 6 1.50
Norristown S D 4Mb 1943.J&J 6 2.30

to 2.50

—

May 15 1938-1953
Jeanette 4Ms 1938-1956.M&S
to 2.60
to 2.00

6 1.00
6 2.00

to 4.00

6 2.50

2.50 %

to 2.60

Par"

4Ms Jan 1 1939-1940

6

Fayette County—
_4Ms Highway 1952—J&D
4s

6 1.00

J&D2 6 1.00

116
to

2*. 75 %

2.90%

Harrisburg—

Lakewood—

4Mb 1938-1939
A&O
4Mb Oct 1945
A&O
58 Park & Imp '38-'41.A&0
Lima 5Ms Sewer 1938-1947..
5s Sewer Feb 1 1939-'51 F&A
Lucas Co 48 O H 1944
M&S

M&S 6 0.85
F&A
1.10
F&A

Erie S D 4s 1938
to 3.10

114

—

2MsWater works—

1938-1966

4Mb 1938-1960

Liverpool—-4s 1940.J&J

1938-1940

6 1.00

to

4Mb 1938-1962.
a&o
4Mb July 1938-1958
J&J
4s Bridge 1942
F&A
4s 1938-1958
m&S
2Mb Dec 1 1938-1965..J&D
2M Apr 1 1938-67
a&o

East Cleveland—

1938-1946

6 1.00
6 3.00
6 2.60
6 1.00

Allegheny County—

M&S

Elyria 4s 1938
4Mb 1938-1952..

4s July 15 '40-'45

to 2.40

to 4.10

2.20
to 2.50

2 00

2.00
to 3.10
to

2.10

Philadelphia—
to

2*.25 %

Mahoning Val San Dist—
4Mb water 1938-1952..A&0 6 1.50 to
M&S 6 1.50 to
Conservancy Dist—
5M« (1 to 5 yr mat'y)..J&D b 1.00 to
5M« (5 to 10 yr mat'y).J&D 6 2.30 to
5Mb (after 10 years)
J&D 6 2.70 to

3.25
2.75

Miami

5s Jan 1951...
5s June 1 1962 opt
5s June 1 1982 opt

J&J

114

117
115 J

'52-J&D
'52-J&D

113

115}

J&J

107

109

J&J

107

4Mb May 1948
4Mb Nov 1 1948

113

2.30
2.70
2.90

Ohio municipal bonds issued since Jan. 1,1913 are taxable, ail bonds issued
prior to that date are tax-exempt.




35

.

Allentown—
A&O 6 1.00

SS-Me.—M&S10 6 1.00

Martin's Fy 5s '38-'44
to 4.20

35
„

1 Ms Tax anticipation notes
series "O T" May 311938—
5s July 1 1951 Series O—J&J

to 2.90

100
F&A 6 1.25

3

J&J/ 35

4mb Dock 1943
m&N 6
4Mb Oct 1938-47——A&O 6
4Mb 1938-1960
M&N 6
4s Water 1938-1955—M&N 6
4s Water 1939-1958
J&J 6
4s Water 1940-1959.—F&A 6

to 3.30

'20-.M&S

2.75

to 1.75
to 2.50
1.00 to 2.80
1.00 to 2.15
1.00 to 2.00

Highway 1938-1941--A&O
J&D

4Mb Bridge 1938 1944-J&D
4Ms 1949-1956—
f&a
4s Bridge 1945-1955.— J&D
5s Road 1938-1939...M&N
Multnomah Co S D No. 1—
4mb July 15 '38-'39—J&J15

4

s-a

I

2.50 %

1.00
2.00

5s Harb Dev 1938-50.M&n 6 1 00

F&A 6 1.00

4Mb Bdge 1938-1951—M&S 6 1.00
4Mb 1938-1940
M&S 6 1.00
4 Ms 1941-1961
M&S 6 2.25
Dayton School Dist—

4Mb

to

to 2.60

5Ms W W Imp 1944..J&D
5s WW
Imp 1945
F&A

5s W W

2.50

to 2.30

Dayton—

East

3.50

to 3.75

F&A

5 Ms 1938-1949...

.

gen

2.10 %
4.75 %

to 3.75

Astoria 5s 1953

to 2.20

Cuyahoga County^—

4Mb
1.50 to 3.40
1.5 J to 3.60
1.50 to 3.60
1.90 to 3.20
98M to 96

4s

„

M&S 6 3.00

2Mb 1940-1959

5 Ms 1941
5s Mar 10

to 3.25 %

2.75

Portland—

(School Dist)—
3 Mb 1940 opt 1912—A&O
100
101
Cleveland—
5 Ms 1940-1970
J&D 6 2.40 to 3.65 %
5s W W 1938-1968
1.00 to 3.35 %
J&D
1.00 to 3.30 %
4Mb Grad Gros'38~'54-A&0
1.00 to 3.40 %
4Mb Fire Dep '38-'55—A&O
1.00 to 3.20 %
4Mb 1938-1950—.—M&S
4s Sewage 1938-58
M&S
1.00 to 3.30 %
3 Ms 1938-1956
1.00 to 3.20%
A&O
2Ms 1938-1951
1.00 to 3.10!%
M&S
2Mb 1938-1951
M&S
1.00 to 3.001%
Cleveland Heights S D—
6b 1938-1959.
A&O 6 1.00 to 3.70

Columbus S D—
5s 1943-1952

3.60 %

2.50 <&

2.75
2.75

May 15 1938-1940
May 15 1941-1945
4Ms H'way *38-'49 (s-a).A&0
4s Highway 1938-1942—A&O

101
to 2.40

to 2.75

J&J 6 3.15 to 3.05
J&J 6 1.25 to 3.10
A&O 6 1.25 to 3.10
A&O 6 1.25 to 3.10
a&o 6 1.90 to 2.45
a&o 101M
103

F&A
F&A

2.70

to

Certificates of deposit
f 35
Eugene 5s 1942
—M&S 6 3 00
1.75

4s 1938-1941

4.50

north carolina

*

to 2.30

to 3.50

M&N

to 2.40

F&A 6 3.75

F&A

Certificates of deposit

& ref July 1 '43-'46 6 2.75

4Mb 1938-1979
3 Ms 1939-1959
3s 1960-1977
Durham—

1.00

2 Ms
3 Ms

3.10

to 3.10

M&n
M&N

to 2.00

OREGON

to 4.10

4Ms 1938-1944
A&O 6 1.00
4Mb 1938-1943
A&O 6 1.00
4Mb Road 1938-1941—A&O 6 1.00

4Mb 1938-1970

to

1.00

6s Feb 1 1939-1939

to 2.60

to 4.70

1 1976—

to 2.75

1.00

5 Ms 1939-1939
5s 1939-1947

.25

6 Par

l-4s gen ref July

<J

2.60

4.80
4.10
4.60
to 4.75
to 4.75

5s 1938-1939

Charlotte—
6 Ms 1938-1948

%

to

to 4.25

l-4s gen ref July 1 1976—
Buncombe County—

Of*

3.25 %

to

to

4s 1938-1908
3 Ms 1940-45
2 Ms 1946-47-48

^

to 3.50

to 4.50

6 2.75

4Mb 1939-1962
4Mb 1938-1968

/o

to 2.90

to

6 Par

5s July 1961...

to

1.00

Tulsa—
5 Ms July 1946

Cincinnati

4s Wat W '45 opt

to 4.25

«en

2s Sept 1 1939-63

to 4.50

6 Par

2M«

2Mb
2Mb

to 4.60

4s 1939-1958
F&A
3 Ms 1943-61
J&D
3.30s April 1 1938-1956—
3.10s Oct 1 1938-1964

Par

to 3.40

1.00

Muskogee—
4Mb Aviation 1939-53.J&J 6 2.50
Oklahoma City—
5 Ms 1938-1940
J&D 6 2.75
5s Water 1938-'47
M&S 6 2.50
4Mb Water Works 1941 J&J 6 2.40
6 500
Okmulgee 5s Mar 15 1943

to 3.60

A&O

M&S 6 1.00
100
Water '45 op *25..F&A
1.00
Sept 1 1938-62
1.00
Sept 1 1938 to 1956—
1.00
Sept 1 1938 to 1976-

4Mb 1939-1953
4 Ms 1938-1955

4MsMarl 1938-'56—A&O 6 Par
6

II
2.75

Multnomah Co—

5Ms 1941
—M&S
5Mb Imp Feb '46-'51-F&A 6 2.40
5s July 1 1965—
J&J
4M8 July 1943..
J&J

6 0.60
J&J 6 0.60

1.50

4s Co

J&D 6 1.75

4Mb Dec 5 193942

2.00

Thousand Islands—

1939-1976

3.25

to 3.20

A&O

5s 1938-1944
M&S
Zanesville—-5s City Hall &
Market 1938-1939
M&S
Zanesville S D 5s '38-'43.A&0

to

Cincinnati—

5s

to

4Mb 1938-1957
A&O
Youngstown School Dist—
4 Ms 1944-47
M&S

4.40s 1956

to 3.25

Westchester

2.75 %
4.00
3.25
to 3.25

Youngstown—
6s Bdge 1938-41

I

to

5Ms Wat & Pk *39-'49-F&A

Canton—
5s Sewer 1953
M&S
6s Water 1944-1959—A&O 6 2.60
Canton School Dist—
5s 1954
A&O

to 3.00

4 Ms Bridge Rev '67-M&S

2.90

OKLAHOMA

4s Water Works 1942. A&O
Allen Co 5 Ms 1938-50.-A&O 6 3.00
Ashland 5 Mb 193844—A&O 6 1.00

Warsaw Union Fr S D No 10—
4 Ms 1938-1942
Oct 6 1.00
Water town

J&J
J&J

6 1.00

4Mb 1938-1954
M&S15 6 1.50
4Mb 1938-1953.
M&S 6 1.50
4Mb Nov 1 1938-1953
6 1.50
4s Park July 1 1942...J&J
Toledo School Dist—
4Mb 1938-1959
A&O
1.50
4Mb 1938-1956...
A&O
1.50

to 4.25

{See footnote *)

0.50
6 0.75
6 1.00

4Mb
1942
4Ms 1938-19535s 1938-1945
1.50s 1938-1946

2.50

1938-1944—F&A

6s Pub Wharf I960-—M&S
5s Sewer 1949
M&S

2.00

to 2.90

108 M

4Mb Pub Imp '38-'45-J&J15
4.20s 1939-1949
F&A
M&N
4.10s 1938-1946
A&O
3.90s 1939-1948
.F&A

to

4.15

Forks—

Akron 6s 1939-1940
5 Ms 1939 1951

A&O

4.15s 1938-1950

A&O 6 1.00

5s W W

3.60
4Mb July 1951 & '55——J&J 6 3.75
3.70 %
4Mb Jan 1957..
J&J 6 3.85
6 2.00 to 3.75 %
Fargo 4s Aug 15 1938-54

OHIO

to 2.00

6 2.40

2.00

to 3.90

1.00
A&O
A&O 6 0.75
1.00
J&D
1.00
J&J

1942-*68

to

98

5s May1938

Troy—

4s

to 3.10

Toledo—

to 3.75

Water 1938-1950—J&J 6 2.00
5 Ms Water 1938-1950-J&J 6 2.00

4Ms 1938-1950.
4Ms
1938-1970,
4 Ms 1938-1965
Triborough Bridge—

1.00
1.00

DAKOTA

5s Farm L'n 1940-45&'50 J&J 6 3.00
5 Ms 1945 & 1948 ser O—.J&J
6 3.75
Called bonds.!

Grand

4Ms 1939-1942
J&J 6 2.00
4 Ms Sewer 1938-1953—J&J 6 2.00

6s 1938-1940 reg

to

to 2.00

4s s f revenue 1977
A&O
108 M
109M
4s ser rev 1942-68
A&O 6 2.25 to 3.65 %
Thousand Isl'ds—See "Watert own"
6

3.25

1.00

to 2.20

M&S 6 0.50

J&J

1.50

1.50
M&N 15
1.50
4Mb 1938-1973...
J&J
4s refunding 1948-56
J&J 6 3.00
3s refunding 1956-68
J&J 6 3.15

Triborough Bridge—

Tlconderoga S D No 5—
4 Ms July 1938-*58
Tonawanda {City of)—

6 2.50

4 Ms 1938-1958

to 2.60

to

J&J 6 1.00

4M 1938-1940—

3.75
to 4.25

Transylvania County—
30
Road & Bridge 6s 1949-50— / 25
Wilmington—
3.75
5s Ref & Impt 1955...A&0 6 3.90
4Ms 1938-1962
A&O 6 1.75 to 3.85
1.75 to 3.75
4Ms Pub Imp 1939-60.J&J
Winston-Salem—
5s Sept 1938-1947-...M&S

to 3.00

F&A 6 0.75
3 Ms 1938-1951
J&J15 6 0.60
3s 1938-1971
J&J15 6 0.50
2.20% 1939-1957
M&S 6 0.50
2s 1939-1956
M&S 6 0.50
2.10% Aug 15 1946-1947— 6 2.20

4s

F&A

1939-1947

4 Ms 1948-1959
F&A 6 4.30
Rutherford Co 5s '38-*52. .J&J 6 95
86
Salisbury 6s 1938-1941-M&N

to 2.85

5

M&N 6 4.50
94
M&N

1946-1950
3 Ms 1951-1956

to 3.50

2.75
2.30

M&S

2.25

Randolph County—

5s
1938-1971
Suffolk County—
4 Ms 1938-1957
3 Ma 1938-1951

to

to

Summit Co—

4s

3.60

Southampton—

1.00
1.00

Net

4s 1938-1955
M&S
Springf*d S D 5s '38-'39_J&J2

4.50
4.60 %

J&J 6 4.80

SsMunic Bldg 1939—.J&J 6 3.00
5s Impt June 1 1944.-J&D 6 4.25
4Mb 1938-1967
A&O 6 2.50

to 2.75
to

4Mb 1939-1950
Springfield—
4Mb 1939-1949

3.60 %

M&S

Ask

Portsmouth City S D—

%

Raleigh—

County—

4Mb

5s

M&N 6 3.80

o.60

Bid

Newark 4Ms 1938-1941.-A&O

Mecklenburg Co—

to 2.75
to 2.25

Bonds

4.00

6 2.75

To

or

Net

Ask

Lincoln Co—
5s Bridge 1939-1951 —.F&A 6 2.50

to 2.60

2Mb 1938-1955

9?

possible for the closing day of the month preceding the date of issue

6 Basis.

/ Flat price,

n

Nominal

Ask

Philadelphia (Concluded)—
4Mb 1976 opt 1946
——
4Ss Dec 17 1978
J&J
4s July 1939..
J&J
4« July 1942
J&J
4s Jan 1 1946
J&J
4s Feb 16 1955
—J&J
4s Nov 1 1966
J&J
4s July 26 1972
---J&J
3Ms July 1 1986 opt 1956—

3s Sept 1

2.50

to

to 2.50
to 3.50

2.60

to

4 Ms 1940-1967
4 Ms Jan 1 and

J&D
1943-49.J&J

to 98

2*45

to

F&A

5s

3.00

to

6 1.80
6 1.90

to 2 .65

3.10

to

2.60
2.70%

Par

M&S b

(6 0.50

4s May i5 1948
3 Mb g High sch

0.40

to

2.30

"/o

2.70

2.90

4mb 1950

3.40
3.40

3.50

...M&N

[dence—
6 Par

to 2.75

ho

1945—..._—-J&J
A&O

2.55

4s Oct 1 1954

4s Water

1962

1938-1950
3s 1944-1951
2Mb 1939-57
WPA School Loan—
3s 1946-1965
48

1.80

to 2.25

Par

toj2.30

6 1.90

to 2.60

%

1941

193^1961

—J&D
M&N

3.25

(.25

*56..F&A

San Antonio 8 D 5s

5s Water Works

1942..J&J

4Mb Water 1938-1968-J&J

__

to

3 M % to 4 M

3.90
6 3.50
6 3.00

to 3.75

4.25

to

3.50

6 4.00

4M% Highway '38-'49 J&D
Memphis 5s July 1954—-J&J

'38-'48.A&0

1938-1962—J&J

19

pages

91

&

3.75 %

6 3.40

3.25

6 1.00
6 1.00

UTAH

J&J

^s April 1 1941

4Mb Road 1939

J&J
J&J

4 Ms July 1 1939

Ogden 4 M % 1938-1945—F&A
Salt Lake City—
5s Refunding 1941.....J&J
4s Ref 1938-1945
A&O
4s Ref 1946-1965
A&O
Salt Lake City S D—
4s May 1 1949
M&N
Salt Lake Co 4 Ms Apr 1 1942

6 0.90

1.25
0.75
0.75

6 0.50

to 2.20

6 1.50
6 0 50

to 2.10

6

2,20

to 3.00

6 2.40

2.25

6 1.65

1.50

6 1.40
6 0.90

1.35

to 3.15

-J&J

4Ms Water 1949

STATES—See

UNITED

_

M&N

_

„

90

88

% due 1969

96

.....

1959.......A&O
4Mb 1938-1955
J&D
4s 1938-1954
M&S
Montgomery Co—5s Cumber¬
land River Bdge 1953-F&A

to 3.25

VERMONT

3.00

6 3.15
6 3.40

3.25

6 1.00
6 1.00

to 3.25

1938-48
J&D 6 0.75 to 2.15
4Mb Oct 1 1938-1949—-A&O 6 0.85 to 2.25
4.00
Middlebury 4s 1941
M&N 6 4.25
2.70
Rutland 4Mb 1946-48
J&J 6 2.85

3 Ms

to 3.20

6 3.60

3.40

6 1.00
6 1.00

to/2.50
to 3.25

6 1.00

to 3.00

6 2.00

1.50

6 1.00

to 3.10

A&O
-M&S
'38-50.M&S
4Mb High Sch 1940
J&J
8
Hospital '39-'56—J&J
a 1938-1968
M&N
s 1938-1967
-J&J

Par

to 4.25

6s 1938-19425s March 1938-1960-

Par

to 3.75

5S Memorial Sq

2.50

—-—|£l5

T.00

to

1.00
1.00
1.00

to

3.60%
3.60 %

to 2.75

~

to 3.75

.,,g

-

M&S

1938-1948

Polk Co 5s 1938-1946

J&D

Robertson County—
4Mb Road 1948.

1.20

2.00
4Mb ctfs lndebt '39-'53..J&D
2.00
lnstitu'1 1938-'59
J&J
2.40
3 Mb Refunding 1940-55
3Mb State Highway—
Ctfs of lndebt 1^40-49-J&D b 2 .40
State ctfs of indebtedness
3s Jan 1 1939-1952
J&J b 0.85

4s

2 Mb Highway Oct 1 '45-'54— b 2.90
Aiken Co 4 Mb 1939-1945-F&A 6 2.40
Anderson Co—
4Mb Highway

1939-43.F&A

Charleston—-4 Mb Jan '62-J&J
4s Refg 33 rf0»x-exem).J&J
3 Mb Wat Works
Oheraw 5« "52 opt

'38-78A&0
'32—July 1

Clarendon Uo—
6s May 15 '38-'40-M&N15
Columbia 5s Ref 1941— M&S

F&A

6 2.50

103
100
6 2.25

95

to 3.25'
to 3.50
to 3.10

5s Aud Mkt

4M% Jail
Smith

5 Mb
to 2.90
to 3.00

3.15

to

to 3.25

H'se *49—M&S

1940-1951—M&S

County—
Fdg

1939-1958—J&J

Tipton County—

„

100
to 5.50

J&J
J&J

5s 1938-1942

to

3.50

2.76

92
101

50
1.00

6 1.50
6 3.50

6 3.50

6 1.50

to

300
3.00
3.50

-J&J

6 1.75
6 1.75

to 2.25

6

to 3.50

1.75

to

6 4.00

to 3.50

6 4.00

to

4s street Nov 11941—M&N 6 4.00
Norfolk—
6 1.00
3s Jan 1 1939-1948

to

4 Ms 1948
4 Ms Feb 1953

95
109

3.50

J&D
F&A

3s Jan 1 1949-1958

-

6 2.50

to 4.10

6 2.00

to 4.15

3.50
3.50

to 2.90

%

6100 M to99M
6 4 00

3.60

6 4.00
6 4.00

3.50
3.50
3.50
3.50

Portsmouth—

to 3.50
to 3.15

to 3.80

2.75
3.50

J&J

6 3.25

to 3.50

1954.M&S
A&O

6 2.00

to 2.25

1922.

Brazoria Co—
5Ms Impt Apr 10
Cameron County—

3.75

100
6 "2.00"

to

A&O

6 3.70

to 4.15

1956-1965

6 3.75

to 4.25

3 Ms 1938-1952
4s 1953-1977

4MB 1938-1942
M&S / 61
5s Road Mar 151938-1957— / 61
97
Corpus Christ! 5s fd '67-F&A
6s Water

1938-1959

F&A / 50

to 3.50

SOUTH DAKOTA
5s Rural Credit '38-*40—A&O

1.50

to

M&S

3.25
1.50

to 2.50

3.00 %

less 1

1.50 to 3.00
1939-'40
less 1
3.80
6Ms Jan 15 1943
J&J15
1
3.25
4mb Rural Credit 1942—J&J
4ms Rural CreditDue May 1 1943-'50—M&N ♦63.60 to 3.90 %
Ref 4s Aug 1 *43-'49
F&A 6 3.40 to 3.70
101
8Ms 1943 to 1946
—F&A 100
97
98
3s Feb 1 1947
F&A

3.75

63
63

100
55

5Msl951
F&A
4Ms Impt Oct 11942..A&O
4 Ms Sch and Sew 1938.J&J
4Ms 1938-1954
J&J
5s Water 1948
-J&D
Richmond—
4 Ms 1949
4 Ms

1958

4 Ms

July 1 1964
4Mb July 1 1941
4Mb July 1 1965
1939 to 1943

M&N

6 2.00

to 3.25

4s

M&N

6 2.00

to 3.25

M&N
..M&N

6 2.00

to

6 2.50

to 3.25

4s 1941
4s Elec Light 1942
4s 1943

1938-1951—J&J
1938-1957
J&J
Apr 10 1951—
5s Vlad't & Bridge Feb 10
1954 opt 1924
Apr 10

6 2.00

to 2.75

98
6 3.25

to 3.50

1938-1960
4Mb 1938-1970
4 M 193845
4M 1946-65
5s

f Flat price.

3.75

4.00

to 3.25

to 3.25

4 Ms June 11957
J&D
Lynchburg—
4Ms Pub Impt 1939
J&J
4 Ms Pub Impt 1946
J&J
4 Ms Water 1951
J&J
4s Pub Impt 1939-1959.J&J

4.00

4.40

6 3.00
6 3.00

J&J 6 1.00

J&J
J&D
A&O

to 3.25

6 Basis,

2.00 to 4.25

A&O

6 2.00

6s Jan 15

Henrico County—
School 5s 1939-50

6 3.75

6 3.75

3 50
to 4.25
3.25
3.25
to

6 3.00

5s 1940-1965

Sumter Co 5s 1939-1952—J&J 6 2.10
6 2.00

J&D
J&J15

3.90

to

4Mb 1938-1970

to 3.75

6s Sept 1941
5s June 1 1938-39

6

1.50

4.00

_

J&J

6

3.00

3.25

to

4 Ms Water 1939-1965.J&J 6 2.80
6 3.00
5s Sept 1 1939—.........
6 3.85
5s Nov 1 1943

Spartanb'g Co 4Ms'38-'47M&8

to 3.10

Beaumont—
5s Water Works
5s 1938-1939

3.25
to 3.40
to 3.40

4s 1942 opt

York^Co 4 Ms 1939-'50

6 2.00

-

Charlottesville 5s 1962..M&S
5s Water Impt 1958—J&J
Danville—
4Ms Ref Aug 1942
F&A
4 Ms July 1 1939-1950-J&J
Fairfax Co 4Mb 1945—F&A2

4M% April 1941-47
5% Water May 1952
5% Port Terminal May '52.
6M% School Oct 1961
Petersburg 4Mb 1952— .A&O

Kershaw Co—

Spartanburg—

3.20

2.65
to 3 40

Newport News—

4MB 1939-1953
4Mb 1954-1958

6 2.00

3.40j

Alexandria 6s 1938-1956.A&0 6 1.00
Arlington Co 5 Ms '39-'54 F&A 6 1.50
Bristol 5 Ms Sch 1939-53
J&J 6 2 50

4.75

3.10

'59-'65
Amarlllo4Ms'38-'58.M&S 15

4Mb 1939-1961

—M&S

to 3.00

6 3.25
6 3.25

Abilene 5s Feb 15

3.10

4Mb 1938-1941

6

1.00i
5.10j

TEKAS

104

,3.30

6 2.00

6

100 M
to 3.30

3.30

1939-1946-F&A

6

to 325

Austin—

5.00

VIRGINIA
125
Commonwealth) 1962
% ctfs of indebt July 1' '39 101
102
s Refunding 1947-'60..J&J
100
s Refunding 1938-'46—J&J
marie Co 5s 1948—.-J&J 6 3.00

6 1.00, to 3.25
6 1.00i to 3.25

4Mb Road July 2 '38-'58J&J
Washington County—
5% Fdg Jan 1 1954
J&J 6
White County—
6
5M% Highway 1955—M&S

3.60
4Mb Water 1945
J&J
3.75
Greenville—5s St 1942—J&J
2.25
3 Ms water ref 1939-76 M&N
2.50
Greenville Co 4 Ms '40-*55. J&J
4Mb Hlghw 1939-1945.F&A 6 2.00
Greater Greenville Sewer Dlst
4Mb 1967
M&N 6 4.25




to 3.00

Waco—

93

SOUTH CAROLINA

Less 1.

to 3.25

6 2.00

Tarrant County—
4 Ms Oct 10 '38-'59—A&O10

3.50

_

4Hs 1938-1967
-J&D
4Mb Funding 1944
M&N
4Mb 1938-1967
J&D
4Mb June 1938-1957
J&D
6s 1938 1942
M&N
5s Funded 1938-1959.-A&O
4s Funding 1947
A&O

♦

to

6 2.00

to 3.70

Nashville—

Woonsocket—
4Mb funding

6s Highway
Marlon Co—

to 2.75

6 2.00

3.75
3.85

4Mb Park

f

to 3.25

6 2.50

%

to 4.50

6 2.00
6 2.00

4.70

93
91
Refunding 4 Ms Jan 1 195895
93
Refundlng 4Mb Jan 1 1958.
98
95 M
Refunding 5s Jan 1 1958—
103
101
Refunding 6s Jan 1 1958—
92
90
General Obligation 4Mb—
95
93
General Obligation 4 Ms—97
95
General Obligation 5s.....
100
97
Funding 5 Ms Sept 1950—
6 4.00
3.90 %
Water 4 Ms
----100
97
4s Funding 1952-62—.A&0
Madison County—
6 1.00 to 3.75

4Mb Water

to 2.60

to 3.50

6 4.00

Wichita Falls—

County—
4Mb Bridge May 1 '51

2.70
2.70
Par

_

J&J

84

6 4.00

Ref 1939-1948—J&J 6 1.50

5s River Term

to 3.25

6 3.00

5s Sept 1938-1959
M&S
5s St Impt Dist No 2 1943..
4MB 1939-1967
J&J
4 Ms 1938-1968
F&A
3s July 1 1938-1951
J&J

TrLflrann

2.60

A&O
-J&D
-J&D
F&A

4s Oct 1 1964

6sFund

2.55

--J&J
M&N2
J&D

4s July 1956
4s May 2 1957

to 3.25

6 1.50

5Ms W W 1938-65—.M&N

2.80

6 3.65

1957-A&O

Knoxville—

to 3.50

4

4s Jan 1

_

Knox

to 1.25

2.25
6 1.50

San Antonio—

County

4M% Refunding
5 % Bridge 1944

to 3.25

F&A

5a 1939-1970

to 3.25

'39-J&J

to 3.25

Port Arthur—

3.90

M&S

2.30.%

to

M&N
1954.J&D

8chool 1954

Palestine 5s Sch Aug 1 1939.
1944.'49. '54.'59,*64

3.90

Johnson City—
5 Ms Impt 1938-1946—J&D

Pawtucket—

,s

3.90

6 4.20

A&O

2.25

4Ms

1938-1953

95

6 4 20

6

'52M&N

3.25

M&N

4.20

_

3.60%

to"3.40 %

Par

1938-1942..M&N b

_

6 2.75

Hamilton

2.30,,„

Cranston—

5Ms June 1

90

Fayette County—
6 5.00
4Mb Road 1958-—.—J&J
Gibson County—
6 4.10
0.75
4Mb. 1940-1958
to 1.45

Par

3.10

6 3.00
4MS Highway 1947—J&J
6 1.00
5% Co Memorial *38-'50J&J
80
Dyer Co ref3M-4Ms 1965

2.00

to

A&O

.

to

to 2.00
4M Impt 1938-39 (s-a) .J&J 6 1.50
4 Ms Impt 1940-55(s-a) .J&J 6 2.25 to 3.25
6 2.50 to 3.00
4Mb 1942-1947
to 3.25
2Mb and 3s 1941-1968-J&J 6 1.25
to 3.25
Ind Sch D 3s *39-*66—F&A 6 2.00
6 3.00 to 3.25
Houston S D 5s Feb 1952
4Mb 1938-1951
J&D 6 2.00 to 3.25

2.75

6 3.20

/ 85

Davidson County—

to 2.60

50.75

1.40

6 2.90
—

to 4.40

1938-1952—M&N
4MB 1938-1957
J&J

1.10
2.90

6 3.10

to 3.25

4Mb Sept

1.00

6 1.40

_

4Mb Road 1947 opt

to 1.80

6

J&J
'38-73.M&S15

6 1.25

to 3.00

2.50
2.00
2.00

Houston—
5s Sewer 1939

Cocke County—

100

1939-43.-.-J&D

1.00

3.15

County—„
ftindlng Jan 1 1959—J&J / 84

School 1956
4Mb Memorial Aud
5s Hospital 1954

RHODE ISLAND

2.00
8% Public Wks 1951-56.M&S
4s Oharit Inst 1965
M&S
4s June 1 1977
J&D 6 "2.80*

to 3.45

6 1.25

to 4.15

4Ms Apr 10 *38-'56.A&010 6 2.00
4Mb Road Apr 10 *38-'60— 6 2.00

2.85
to 3.40

6 2.00

4 Ms
to

2.65

6 2.00

5 Ms road
Chattanooga—

3.20

to

to 2.65

6 3.00
6 3.25

-----

.

to 3.00

to 4.15

Grimes County—
5Ms Road 1938-54.A&0 10 6 3.00
Harris Co—

101

6 2.90

Feb 15 1939—

Carter
6 1.75

Galveston—
5s Grade Raising 1944.A&O
5s School
1938-1954
M&S
5s 1938-1956
A&O

to 2.70

99

6 2.80

J&D

4Mb Dec 1 1939
4Mb bridge 1944-1945
6s July 1 1943
6s April 15 1946-47

to 98

6 2.2 5

6

4Mb Jan 1 1939.—.—

2.30

to

—

J&D

~

~

J&J

N?«sI1938-1939

Refunding 1941
J&J 6 2.70
Ind Sch D 4s *39-'64—F&A 6 2.00
1.25
3 Mb Nov 11938-1967-M&N

less 1

100

1946

1947-1948
3 Ms Sept 1 1944
3 Ma Sept 1 1945
3 Ms 1948
6Ms
1955-1958
3.90s Sept 1 11
4s 1940-1955..

to 3.50

b 1.00

'38-41—F&A

4s 1939-1966
4Mb Mar 15
5s 1938-1942

6 2.50

J&D

2 Ms

to 3.50

ft

6 3.80
o 4.00
J&D 6 2.00 to 4.15
6 2.00 to 4.10
F&A
F&A 6 2.00 to 4.25

A&O

4s

^

TENNESSEE

166"

1M % Dnempl Relief '38.M&S
1M % June 1 1939
J&D

May

4Mb 1939-1964

J&D

Fort Worth—

106 M

M&S
Scranton School District—
4Mb 1939-1956
J&J 6 180
Wllkes-Barre—
4Mb 1939 1940.-----J&J 6100 M
4Mb Impt 1940-1945..-J&J 6 1.80
lor! 4Mb 1938-1943
ork
F&A 6 1.10

4Mb

4MB 1939-1971

90

38-'47J&D

5 Mb Dec 1 1940

lOQO

June 1

5s 1951
6s 1938-1959

70

Sioux Falls S D—

Schuylkill County—
4Mb 1938-1955—.—-J&J

lg%

90

Perkins Co 4 Mb fd

2Mb Sch Dlst 1938-62.A&O SlOOH
2j|s July 1 1938 *56 .-J&J 6IOOJ3
2Mb Feb 1 1939-1958.P&A b 0.50
Public Works Relief—

Scranton 4 Ms
6a 1938-1950

85

85
60
85

Stanley Co 4 Mb fd '43-'48

J&D

4s 1939

80

1938-'47.M&N15

4Mb fund

106 M

4MB 1938-1943
—J&J 6 2.00
4MB 1941 1959
.M&N 6 2.60
\b Apr 151939-58. A&015I6 2.50
-"b 1.75
4s 1938-1942
-J&J
4s 1938-1956
J&D b 1.75

4M% 1953
Reading 5s Impt

Corson Co 5s fd 1938-'47 M&N
Jackson Go—-

106

Philadelphia School Dlst—

"WXttwn

Bonds

Ask

Ask

Bid

Bonds

Net

Bid

Net

To
Net

or

To

or

To

or

Bid

Yield Basis

Yield Basis

Yield Basis

Bonds

month preceding the date of Issue

possible for the closing day of the

Quotations for all securities are as near as

Am

BONDS

STATE AND MUNICIPAL

98

4s

School

2MB

Dallas Co 4Ms

2.50

QQ

3.75
3.75

6 2.00

to 3.90

$ Optional to Jan. 1

6 4.00
6 4.00
6 4.00

3.50

6 4.00

3.50

•

1

1

1

> 1 I I 1 ti I I
11 1
11 1

11

6 3 .50
6 3.50

2.80
2.80
2.80
2.25
2.80
2.40
2.25

3.00
3.00

1

1

•

■

1

1

1

.J&J
J&J

2.40
2.40

4 Ms

StreetUmpt May 1940

1941—M&N
1944—M&N
s April 1952
A&O
_s Jan 1 1939-1958—J&J
Staunton 5s .1938-58——M&S
s

Pub Bldg
Pub Bldg

3.00

6 3 50
6 3.50

3 00

6 0.50

to 2.30

6 2 50

to

,

purch 1950—.A&O 6 4.00
5s Impt Aug 1 1948—.F&A 6 4.00
5s W W

4Mb 1938-1960

J&J
J&J

ft

3.50
3.50
3.50

6 4.00

Roanoke—

s

El Paso—

J&J
J&J
J&J
J&J
J&J

6 4.00.
6 4.50

A&O

Tazewell Co 5s 1939-46—J&J 6 2.50
uountyWashington County—
5s school 1939-49.

1938 at 105. 1943 at 104, 1948 at 103. 1953 at 102 and

3.50

to 3.50

.J&J 6 2.50 to 3.50 %

1958 at 100.

99

state and municipal bonds

mabch, 1938]

Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue
Yield Basis

Yield Basil

To

or

Bonds

Bid

Ask

WASHINGTON
6s Gen Fund 1938 1940—J&J b 1.25
4H% Gen oblig 1938-1943J&J b 1.25
4% Gen oblig
1948-50 b 2.80
8H§ Gen oblig
1950-51 b 2.80
b 2.80
101

2.00
to 2.30
to

to 2.90

to 2.90

Yield Basis
To
Net

or

Bonds

Bid

Spokane*—"
4 Ha Park 1962
—J&J
4s & 4 Ha ref 1938-51.. J&J
3Xs lief 1943-1954 —J&J
4Xs 1938-1954.
M&S
6Xs 1939-1953—
J&J

6 2.00
6 2.40

to

6200
6 2 00
6 2.00

3.40
to 3.60
to 2.50

6 1.50
6 2.00
6 2.50
62 00
6 3.00

to 3.10
to 3.30

5s Imp—Mar 1 1938- 42...
Spokane Water Revenue—
4H*Aha 1938-41
A&O
Everett—
Tacoma—Revenues—
4 34s Gen oblig wat.1938-59 b 1.50 to 8.60
4Xs Water '39-*43 (h J&J
Revenue Bonds—
4Xs EIL&P *42-'46(s-a)J&J
6 Ha Water 1938
2.00
4XsEIL&P'38-51(s-a) A&O
M&S
5s Water ref
4s Water 1944-46
1938-45 b 1.75 to 2.50
J&J
(s Water ref—1938 39 b 1.75 to 2.25
Walla Walla— •
6 2.25 to 2.50
4Xsref wat 1938"'54...J&J
]s Water ref—1940-42
to 2.90

Ask

3.25

to 2.40
to

6 2 50
6 3.00

to 3.00

6 2.00

to

3.25

3.40

5Xs G O sewer 1939..M&N

to 4.00

5s Wat rev

6,2 50

to

6 2.00
6 2.00

to 3.35

4 Ha Jan 1939-1955....J&J

6 2.00

to 3.60

.

to

3.25

WEST VIRGINIA
to 3.60

6s 1938-1941 L & P.-A&O 6 2.50 to 3.50
5Xa L & P 1938-43. Jte&N 62 50 to 4.00
5s Light & Pow 1942-56A&0 6 4.25 to 4.60
4X U & Pr 1939--58..M&N 6 2.75 to 4.60
Gen oblig 4Xa *38-'40-A&0 6 3.00 to 3.75
4Hs 1941-1955..
A&O 6 3.75 to 4.50
4Ha 1938-1957— -..A&O 6 3.25 to 4.50
4s mun It & pr'38-'53.M&N 6 2.50 to 4.40
3X mun It & pr *43-53 A&O 63.75 to 4.25
_

1938-'51—J&D 6 2.00

4.00

Seattle—

3Xsmunlt&pr'38-'54A&0 6 2 ,75
Seattle School lust No 1—
4s 1946-1950—.M&N 6 3.10

Clarksbg S D 5s *41 ep '21M&S 100x
Hancock County—5s Grant
Road Diet '46 opt '32.M&N
99X
Huntington 5s 1944......Oct 6 3.25
100
Mercer Co 5s *44 op '24 A&015
Morgan town 5s 1938-48—J&J 6 1.50

to 4.20

to 3.30

5s Highway 1938-1946—j&j 6 0.50
4Xs
1945-1954...
..J&J 6 2.35
4 Xs
1938-1943
—J&J 6 0.25
4s 1939-1950
—J&J 61.00
4s July 1948-1952..
J&J 6 2.40
3Xs 1951 and 1952...
J&J 6 2.45
3 Ha
1943-1952....
J&J 6 2.Uo
3s Sept 1.1938-1946
M&S 6 0.50

to 2.50

6 2.20

to 2.50

2X« Sept 1.1946-1960—M&S
2 Ha Nov 11938-62.-—M&N
2Ha May 1 1944-1962
1.40% July 1. 1938-*39--J&J
Charleston 4 Ha *41 opt '27 J&J
Charleston 8 D—
5s
1938-1952
.—J&J
...

8.50

to 2.50

to 2.25
to 2.20

6 0.50 to 2.50
6 2.15 to 2.45
6 0.251 to 1.00

3.40 %

to 2.50

%

to 2.50
to 3.75
to

2.75

to 2 00
to 2.40

to 2.40

Milwaukee County4 Ha Ct H'se *3S-'50 M&N 15 6 075
4Ha Sew Mar 12 38-'45—— 6 0 75

to 2.20

to 2.50

to

WISCONSIN

6 0 75

4Xscourth'se '38-49 J&D16
Racine—4 Xs 1938-'57—M&N
6s 1938-1941
F&A
Racine Co 5s 1939-1940—J&J
4Ha 1938-1950—.
J&J
Superior 4Xs Sch *3$-'44.J&J
Wood Co 5s 1938.———A&O

6 1,00
6 1 00

to 2.60

to 2.40
to 2.60 %
to 3.25
to 2.75

6 1.25
6 1.00

to 2

6 1.00
6 0.50

to 3.75

to

75
3.25

1.25

co

WYOMING

100X

_

6 1.00

to 3.60

4s Road 1951

piarksburg 5sl938-1953.A&0 61.00

to 3.50

6 1.75

Natrona Co 8 D No 2—
5s

6 Basis.

J&J 6 125

Eau Claire 4X« 1938-'44.J&J 6 1.00
Green Bay—
4Xs
1938-1947—
A&O 6 1.00
6s W W 1938-1960
M&N 6 1.00
Madison—
1.00
4Ha
1938-1949
J&D
Milwaukee—5s 1938-'40..J&J
.75
4Xs 1938-1945——J&J
4s
1938 1944
J&J
0.75

to 2.65
to 2.45

100X
3.00 %
100
10 3.,

Wheeling—

to 3.00

to

Ask

Bid

5s Wat Wks 1938-52

Yakima—

Bridge 1938
M&N
Bridge 1939-49.M&N
4Xs 1938-1950-.—.M&N
Pierce County—
4 Xs 1938-1044.—
Port of Seattle 5s *38-'55 M&S
.

Bonds

_

lounty—

Te
Net

or

to 2.25

Net

opt 1941

A&O

—J&J 6 1.50

1938-1944

1.25 %
to 3.25

/ Flat price.

Quotations are as near as possible for the closing day of the month preceding the date of issue.

Dec. 31,

Unearned
Premium

1936

Reserve

Surplus
Par

Capital

Dec. 31.

Ask.

Par

share
Aetna

Knickerbocker (N Y)
5
Lincoln Fire (NY)
5
Manufacturers Oas'ty
(Phila)
1 10
Maryland Casualty..
1
Mass Bonding & Ins
(Boston).......... 12*2
Merch Fire Assur /com 2

Casualty & Bur

etna Insur (Hartf)
2t(Hartford)........ 10 3.000,000
10 7,500.000
_

_

Aetna Life (Hartford)

Agricultural (Watet'n)
Alliance (NY).
Equitable (NY)
Fire (Wash'ton)
Home Fire(N Y)
Amer Insur (Newark)
Amer Reinsur (N Y)_
Amer Reserve (N Y)_
Amer States (Ind'nap)
Amer Surety (N Y)—

Amer
Amer
Amer
Amer

Automobilelns(Hartf)
Baltimore Amer (Bit)
Bankers &Shipp (NY)
Boston (Boston)
Buffalo Ins Co (Buff)
Camden Fire f Camden)

12.443.233

19,356.455

10 15.000.000 18.266.430
25 3,000,000 6.123.209
10 3.000.000 4.356.634
5 1,000.000 6.226.166
340,779
100
200.000
10 1,000,000 1.859.397
2 X 3,343,740 16,284,614
10 1.000.000
10 1,000.000
300.000
10
300,000
25 7,500,000 5.120.993
10 5.000.000 6,831,284
2H 1,500.000 2,621,129
25 1.000,000 2.980,159
100 3,000.000 15.134.403
100 1.000.000 2.331.872
5 2,000,000 5.026.399

13.240.995
16.583.266
7,658.984
5,040.327
1.863,963

4,167.426
71,005

770.437
11,483,367

.

Merchants

500,000

1,038.021

644,349

5
10

400,000
1.500,000

441,318
2.492.244

New Amsterdam

100
Conn Gen Life (Hartf)
10
Continental Assurance 10
Continental Casualty
(Hammond, Ind)..
5
Continental Ins (N Y) 2H
Eagle Fire (Newark!. 2X
Employers Re-ins(KO) 10
Excess Ins (N Y)
5
Federal Ins (Jer City)
10
Fidelity & Dep (Bait) 20
Fidelity-Phenix (NY) 2H
Fidel & Guar (Bait)..
10

2.000.000
5.000,000
1,000,000

3.127,599 $36,993,878
6.064.272 171,396,914
2.432.617 19,533,628

21

1,841,318
2.168,299

Columbian Nat'l Life

(Boston)

—

1.750.000 3.903.196
5.000.000 71.826.432
1,000.000 1,051,821
1,500,000 2.500.000
502.710
755,095
4,000,000 11,894,919
2,400.000 5,116,134

Gibraltar Fire & Mar
Glens Falls Insurance

10

3.750.000 57,994.448
1.000.000 2,000.693
2,000,000 9.800.058
463.678
200.000
7,500.000 16,057.897
9,397.690 11,072,999
3.000,000 12,449.757
1,000,000 5.397.308
500.000
1.011.072
1,000,000 1.828,604

(Glens Falls, N Y).
Globe & Republic
Globe & Rutgers Fire.

5

FiremenaIns(Newark)
Franklin Fire (Phila).
General Reinsurance.

Georgia Home..—

2d preferred
Gr Amer Indemnity
►

(New York)..—...

Great Amer Ins (N Y)
Halifax (Halifax,NS).
Hanover Fire (N Y).
Hartford Fire (Hartf)
Hartford Steam Boiler

'

(Hartford)-Home (New York).—
Home F & M (S F)
Home Fire Security..
Homestead Fire (Bait)
Importers & Exporters
v

(New York)

10

20
25
5
5
5
10

30

6.397.772
14,792.093
2.953.436

100
31X
32 H

6
35 H

57X
28

12,581.703
12.277.295
6,636.525

2,073.384
862.173

72
8

27
32 X

20

22 H

1,000.000

5

8,150.000

10 2.000,000
10 4,000.000
10 12,000,000
10

3,000.000

514,500.000
10 1.000.000
10 ,4,932,000
10 1,000,000

200,000

3.933.913
28.672.635
2,081.290
8.746.031
49.476.073

13

(Milwaukee)

——

Occidental Ins (S F)
Old Line Life (Milw).
Pacific Fire (N Y)...
Pan-Amer Life (N O).
Peerless Casualty....
Phila Life
(Phila)
PhUa Nat (Phila)
Phoenix Ins (Hartf)..

3.656,717

ton

75.631
*

1,018.205

1,920,780

20.087,097

1,117.004
706,343

x

Ex-dividend.

*44*~

*25*"

8X
4X
18X

*9

10X

1,453.466

27X

29

10

3,000,000

4,314.470

40X

42X

20
5

1,000.000
1.000.000
2.000.000
1.000.000

1.636.245
2.066.520
5.809.845
4,319,050

39

78

81

981,327

557,769

22

27

5,132.465
771,637

115
25
11

119

3,14*7*575

97

108

28.502
102.778
100.000
512.461

15

10

2.000,000
1.000.000
1.000.000
1,000.000
1,000.000
550.000
700.000
1.000.000 1.381.463
6.000.000 38,182.318

1,000,000

2.751,917

1,691.588

14X

16X

10

3,000.000

7.579,972

4,273.235

30

32

1,000,000
2,000,000
1,000,000
1.000.000

2,057*089

87*9*151

2,742.889
1,864,874
1,157.237

2,121,180
1.160.062
1.675.507

1.000.000 1,704.712
1.500.000 2.396.949
4,000.000 22.419.614
500.000 1,548,511
1,000,000 1,324.040
2.000.000 4,580,974

811.319
2,848.145
8,647.086
606.865
715.016

3.368.880
91,763

6,691,342

1.000.000

4.000.000

25
10
10
25
10
5
10
10

8,255,807

57

6X

57X

13 X

118

119""

41

15X
26

8

14
73

a*

y

15
75

2

10
10
10

5

5

10
10

5

West Coast Life (S F)
Westchester Fire (NY)
Wisconsin Nat Life...

25
5

!a

1,000.000 1,308.763
375.000
649.639
1,000.000 11.613.091
400.000
876,396

3.904.700
11,322.935
1.155

652.938*688

19
23 X

21X
5X

a*

24

7H

5X
183
8

27

6X
191
10

18X
29

30

113X 116X
5
415
420

6

465
430

2.145.325

6X

7X

13.732.443

13X

14X
49X
48X
11

9.315.899

2,569.525
406,512
592.908
20.527.486
5,281,108
31.476

Consistsipf $525.0001st preferred. $563,413 2d preferred, and $75,000 junior preferred stock, 1 Policy reserve.

merged in 1930 with American Reserve Ins. Co.

20

4X

5.801.131

1.000,000

(NY)

Virginia F & M (Rich¬
mond)............

390

1.424.975

14.621.852

25 5,000.000 14.253.397
5
500.000 1.091,638
Sun Life Ass'nceJOas) 100 4.000.000
Travelers Fire (Hartf) 100 20.000.000 18.1*18*207
U S Casualty con v pref
2
1,000,000 2.147.255
U S Fidelity & Guar¬
2 2.000.000 7.329.395
anty/Baltimore)—.
U S Mre (New York).
4 2.000.000 23.248.606
U S Guarantee Co...
10 2.000.000 5.227.916
Univer Ins (Newark).
8
400,000 1.863.501

917*457

46 X
41
117

'§8
30

1,000,000

25

Security Ins (N Hav).
Springfield Fire & Mar
(Springfield, Mass)
Stuyvesgnt Fire (N Y)

6,765,043
44.874.929
2.129.771

27 X
3X

share

10

(St P).
(NY)

Seaboard F & M
Seaboard Surety

31.155.533

1.000.000
750.000
400,000

11,035.621
11.035.621
4,969.752
3.824.104

2.000.000

2X

Ask.

American

St Paul F & M

568.614
4.548,418

144.035

5.476.241

Per
11

20

Preferred Accident
(New York).......
Providence - Washing¬

Rossia Ins (Hartford)

13.182.221

2.799,143
2.799,143

Bid.

1,823.101

210.000

North westernNational

Rochester

36X

422.519

i

1,000.000
750.000
5,000.000
4,000.000
100.000
1,100.000

North River Ins (N Y) 2 X
Northern Ins Co (NY) 12 X
Northwest Fire & Mar
10

71

20X

7.955.263
64.598.858
2.965.086
193.779
1.212,966

Reserve

S

Cas

31

1,164,001

5
10
10
2
5

(Baltimore).......

New Brunswick Fire
(New Brans. N J)..
New Hampshire Fire
(Manchester, N H)
New Jersey Insurance
(Newark. N J)....
New York Fire

(Providence)-.
ReinsuranceCorp(NY)
Reliance ins (Phila)—
Republic (Dallas)....
Revere (Paul) FireRhode Island (Prov).

6,124.501
2.400.810
6,126,390

$
1.000.000

1,000.000 11.524,802

10

1

Insurance Co of State
of Pa (Philadelphia
10 1.000,000 2,226,143
Insur Co of Nor Amer
(Philadelphia)
1012.000,000 65.872.181
EansasCity Life (Kan¬
sas City. Mo)
100 1,000,000 9.478,93-




25x

liH
4f*

6 1,000.000 3.487.420
15 1,200,000 19.728,971
15 tl.163,414

5

t

80

8,125,172
19.276.020
733.822
3.073.364
609.183
2.226.265

2,500.000 10,265,336

Fire Assoc of Phila
Fireman's (Wash'ton)
Firemans Fund (S F).

10

Capital

Insurance

(Providence)..
National Oas (Detroit)
National Fire (Hartf).
Nat'l Liberty (N Y)._
Nat'l Union (Wash)..
Nat Union Fire (Pitts)
.

10

\pref

(Newark. N J).

Carolina

(Wilmington
t»N. C.)_—..
Central States Life (St
|» Louis)
City of NewYork(NY)

(New York)

Merch Fire (Denver).
Merchants & Mfrs fire

1.190.142
2024.031
761.633
5.795.443
8,192.322
2,373.440
2.947.936
4.347,850
2,101.956
4.973.696

mm

Lnearnea
Premium

1936

Surplus
Bid.

S*
9X
28

10X
29X
15

30

12X
31
18

a Company was

1

Quotations in this department are given per share, not per cent, except for stocks of Canadian Institutions, and are
possible for the closing day of the month 'preceding date of issue, though often are nominal. An asterisk (*) denotes

as near as

■ales.

figures of deposits, capital and profits for the National banks are from the Comptroller's last call; for all other insti¬
they are the latest obtainable, direct returns being procured by us where no periodic statements are required. For
the Clearing House banks of New York, deposits are taken from the latest weekly statement.

tutions

National Banks

Capital

Surplus &
Profits

National Banks

Stats Institutions
Dec. 31

ALABAMA

Dec. 31

CALIFORNIA

Dec. 31

Gross

Deposits

Par

Bid

Capital

Ask

Surplus Ac
Profits

State Institutions
Dec.'61

Gross

Deposits

Par

$
82,264

Birmingham—

125.000

Bank for Savs.&Trts.
Birm'ham

>

Per

share.

500.000

Common

Preferred
Industrial Say Bank.
Flrat National Bk—

al,807,200
125.000

I

2.500,000
6,750,000

Common

Preferred

809,393

r

t

20

1,194,217

1,204,223

55,325,898

25

■.

a50

Los Angeles—

42

44

100

N

50

o

re cent

les

5,000,000
1,000.000

Common......
Preferred

2,714,212 102,652.885

(25

19*

22*

125

Oltisens Nat Trust Ac

25

Bank

5,000.000 /4,240,000 114,158,323
3,000,000 5,171,625 119.060.638

20

23

100

373

420

Secur-First Nat Bk—
Common

24.000.000 114500000 575.323,504
9,500,000
2.500,000 2.627.842 40,259,097

100

1,353.414
44.352,396
10,464,689

100

375.000
1.000,000
1,000,000

247,684
1,345,436
1,508,258

2,458,209
21,277.872
19,225,283

70
100

20

5734

60

Union Bank Ac Trust

Alabama Nat Bank.

300.000

12

12 H

Bank of Commerce..
Central Bkof Oakland

325,750
2,000,000

1,000.000

3,879,883
16,667,317

10

First Nat Bank.....

227,113
725,378

7*

14

1434

Farmers Ac Mer Say.

300.000

84,956

2.045.893

Merchants Nat Bk—

Ask

1

California Bank—

100

Sayings

Flrat Nat Bank

15,564,079
2,907,189

sa

Farmers Ac Mer. Nat-

Mobile—
Amer Nat BkAcTr Co

$
486,590
201,354

25,486,575 (100

81,700

i

Long Beaoh—
Farm A; Merch Bank.
1,000,000
WesternTr Ac Say Bk 4
223.000

50

1,203,973

Tr Ac Say

Bid

Nomi nal.
Per share.

Nomi nal.

....

Preferred

J25

43*

45

105 * 114*

Oakland—

Montgomery—

69,933
1,590,986
241,414

100

Union Bk As Tr Oo—

100.000
50,000

Common

Pasadena—
Citizens Ooml Tr Ac S

100

300,000

546,372

Common

400,000

722.217

15,061,762

Preferred

Preferred—

600,000
150,000
300,000

37,589
297,038

1,817,337
3,754,896

965.000
50,000
246.250
145,000

1,307,848
150,851
125,172
68,415

32,672,769
1,656,649
5.831,311
1,455,369

100

re

100

sa es

4175.000

120,484

3.257.796

100

41.500.000

432,756

25,230,424

025

250.006

815,359

12,820.736

125

100

495.000
600,000
200.000

155,564
45,249

8,185,898
3.132,443

125
100

"80"" 125""

100

125

First Tr Ac Sav Bk—

Selma—

206,826
80.768
218.609
115,715

400.000
4120,000
200.000
4350,000

City National Bank
People's Bk Ae Tr Co
Selma National Bank
Selma Tr As Say Bank

100

Pasadena-First N Bk

25

2,653,630
1,482.118
1,901,916
1,576,866

Security Nat Bank..

6,p94v82l5 1

25

45

50

125
20

100

*250

100

Saoramento—

100

Capital Nat Bank—
Citizens Bk of Sacra.
Merchants Nat Bank
Sumitomo Bk of Gal.

100
N o

100

cent

SanBernardino—
American Nat Bank.

8an Dieg
First Nat T Ac S Bk

3*

4*

San

National Banks

Diego Tr A; S B
Common——..

StaU^Institutions

ARIZONA

Preferred..

Security Tr Ac Say Bk
United States Nat Bk 4
Nomi nal.
Per share

Bisbee—
Miners Ac Merch Bk.

197.683

250,000

100

4.245.884

Phoenix—
First Nat Bk of Ariz.
Phoenix Sav Bk Ac Tr

550.000
247,500

837.075
154,689

N 0

Preferred

| 689,587

250.000

394,007

37.268.837 /

6

cent

Ba

lee

16*

Tucion—
Sen Arizona Bk At Tr

100

8,549,364

20

15

80

183

43 X 45*
50.000.000 59,104.963 1357378756
1.500.000 /2.217,422
18,854,965
101,094
3.689.554 100
500,000
190
194
1,000.000 f
4.427,350 100
191,883
Canadian Bk of Com
152
100
1.300.000
459,011
19,023,023
Crocker First Nat Bk
375""
6.000,000 7,969,105 129,105,628 100 320
The San Fran Bank.
6,000.000 8,670,747 157,209.122 1000 12.000 13,000
Pacific Nat Bank
120
100
1.000.000
377,752
8,801,471
Wells Fargo Bank At
Union Trust Co.—
9,000.000 8,574,877 212,997,854
285
100
295
Yokohama Specie Bk 1,000.000
337.527
4,537.292 p
American Tr Co—
Common

Preferred

7.500.000 16,693,475 265,508,089
7.500.000

.....

j 20

San Jose—
First National Bank.

National Banks
Dec. 31

ARKANSAS

aUUPec!t\i9nt

600.000

Santa AnaCommercial Nat Bk.

<1145.000

101,254
200,260

10,937,053 /100
1100

200,000
1,000,000
375.000

522,118
954,000
123,798

4,659,611
11,312,761
2,668,401

Preferred
Fort Smith-

299.000
500,000
500.000

83,430
626,698
549,424

3.091.383
7.176,366
9.809,075

300,000
200,000
100.000

438,675
102,769
40.175

8,696,832
3,702,598
1,175.435

25

320,216

9.860,616 1

20

i

20

100
25

Little Kook—
—

Peoples Nat'l Bank.
Twin City Bank—.

20
25

a
o

360.000

Preferred

185,500

I

cent

<2672,000

sa

Preferred
Simmons Nat Bank.

....

14,552.054

50,000 l
50.000
400.000

64,766

les

*•

«(?'■'

N

100
100

re

o

cent

sales

Outstanding preferred stock consists of $1,107,200 1st pref. of $20

c

Savings deposits,

par

March 4, 1936.

d Common and preferred stock outstanding,

0

12,536,139

100

Quotations for the San Diego First National Co., which controls 97%

of the stock of the First National Trust Ac Savings Bank of San Diego, Calif.

325

2 Last sale price,
p




100

/June 30,1937.
2,193,726 (100

\100
855,680

1140

60

N

Pine Bluff—
Nat B of Commerce.
Common

327.496

100

value and retirable at $50 a share, and $700,000 of 2nd pref. stock.

e

...

10.898.194

t Controlled by the Transamerica Corp. of San Francisco, Calif.

Union Nat Bank—
Common........

843,095

{■

•Sale price.

Commercial Nat'l

33

45*

StocktonFirst National BankStockton S At L Bank
Union Safe Dep Bk.

100

!°2H

1,618,702 12*

564.700
435,300

First National Bk—
Common

Nom inal.
Per share.

City National Bank.
First National Bank-

15*
186

Bank of America
Bank of CantonBank of Montreal
re

600,000
1.227.600

5,453,974 207,518,597
8,348,186 108,797,395

135

Afc Savs Assoc

15.743.925 t 20
4,117.901 t 25

Talley Nat Bank—
Common

San Francisco—
Anglo California
National Bank... 15,400,000
Bank of Calif, N A—
6.800.000
Bank of Amer Nat Tr

102

Par value 100

n
yen.

New stock

Maech, 1938]

BANKS AND
f

See

CANADA IiPage

Na"SZ'Tk°

TRUST

>

National Banks

111;C

State

COLORADO

COMPANIES

Capital

Cross
Par

Deposits

Ask

Bid

Nomi nal.
Per

Colorado Spga.—
Colorado Sav Bank..

share.

%

60,000

132.810

1.772,593
2,474.004

6,782,188
10,197,765

Equitable Trust Co.

1

Security Trust Co...
Wilmington
Co

60

150

4.DOO.O00 11,792,602

75,985,801

50

225

1,752,006
8,072,213

100

150

.100 000

625.000
203.175
I.000.000

8,209,042

( 50

96,816

5,158,875

100

1.000,000 11,513,081

37,701,122

(100

100 000

672 600

100

50
25

39

25

41
80

75

100

160

25

7l"

68

160
235

100

442,726

Ask

(100

317,587
378.014

Bid

Nomi nal.
Per share.
110
300

%
2,592,116
18,782,972
2,586,701
3,700,629
10,053.191
18,168,119
9,109,898

21U.UU0

100

79,952

Par

Deposits

$
303,306
3.630.431
1.021,927
708.373
788.264
2.707.492
951,210

,

Central Nat Bank
Farmers' Bank
Industrial Trust Co.
Union Nat Bank
Delaware Trust Oo__

.

100.000
84,500
300,000
300.000

s

State Institutions
Dec. 31

Gross

Surplus &
Profits

Capital

Wilmington—
Surplus &
Profits

DELAWARE

Dec. 31

Institutions
Dec. 31

101

Colorado Spgs Nat B
Common

Preferred class A..

Exchange Nat Bank.
First National Bank.

1100
100

Denver—
American Nat Bk—
Common

Preferred

300,000 [
150,000
350.000

.....

.

Central Sav Bk & Tr
Colorado Nat Bank

a

Common
Preferred

l

Colorado State Bank
Denver Nat Bank...
First National Bank.
National City Bank.
Union National Bk

Anacostia Bank

lioo

800.000
60.000

110,920

1.260,000
1,500,000
a
100,000
100,000
U S National Bank..
650.000
International Tr Co.
500.000

1,629.587
2,515,450
37.958
22,586

.

2,182,498
1,665,795

1.708.775
31,211,734
54,167,500
1,133,537
704,783
24,326,856
17,133,332

Nomi nal
Per share.

Washington—

50

N

100

o

50

re

cent

100

sa

les

"loo
100
100

a
a

City Bank
Columbia Nat Bank.
Bank of Oomm A Sav
Hamilton Nat Bank.

145,000
490.000
250,000
100.000

1,000.000

Liberty Nat Bank

500.000

Lincoln Nat Bank
400.000
McLachlen Bkg Corp a
341.000
Nat Bank of Wash- cl.050.0OO
Nat Capital Bank
200,000
Nat Metropol Bank.
800,000
Rlggs National Bank

-V.

Common.....
Preferred

PuebloFirst National Bank.
Mlnnequa Bank

1,076,093

20.807,727

2,081,7^

100

5,292,985

(100

Pueblo Sav & Tr Co

100,000 i
200.000

Common........
Preferred

52,496

Common

1100

4.548,574
3,072,523
22,386,408
7,358,052
9,458,960
4.797,013
9,928,059
2,488,530
27,597,353

Per

Common

500.000 [
1,485.000

Preferred

Black Bock Bk A Tr.

2,200.000

1,615,838
26,285,786

"

North End Bk & Tr
Common

21,145,775

111,002
1,238,701

100.000

a

Brldgep't City Tr Co

301,020

5

150

100

176

50

75

38

45

50,534

1,482,657

208,696

1.480,485

25

40

Preferred......

99,500

115
225

260

280

290

101

60

53

50

100

240

145
250

17,233,956 1100

228

250

ioo

80

5,312,376
10,505,463
23,274,180

100

78

95
95

100

230

250

State Institutions
Dec. 31

First National Bank

Glastonbury Bk & Tr

4,246,745
198,762
1,994,552
137,274
4,334,129
150,393
196,687
111,243

2,926,372
7,159,643
16,038,536
1,654,146
64,553,138
287,261
35,601,681
1,767,103
42,197,574
3,092,602
3,111,700
1,882,887

46,389

845,657

124,000,

250.000

_

Slmsbury Bk & Tr Co

25
30

100
50
10
100
100

23
450
110

125,000

Common......

50,000
50,000
600,000
200,000
100,000

Preferred

Travelers Bk & Tr Co
West Hartford Tr Co
Windsor Trust Co

i§6"

""26'

i

138,526

1,618,029

200,000

1,453,089
27,989,076

400 000

81,405
557,610
71,635
287,044

100.000

54,688

111,144
6,406,651
1,856,679

hi iii. 1 m hi

463,926

12,008,223

120.000

Beach

200 d< n

<

100 000

10

25

First

Bank

(M»

OrlandoFirst Nat Bank—
Common

774,975
243,500
127,282

10.241,117
3,201,734
1,480.266

270'

Puritan Bk A Tr Co.

361,787
77,712
109,768
47.488

249.200

219,338

756,000 '
504,000

preferred
Oonv preferred..
New Haven Bk NBA
Second Nat Bank...
Trademen's Nat Bk

...

25

"65"

69"

25

60

25

800.000
760.000

170.000
180,000
1.468,700

.....

Preferred

New London—
Nat Bk of Commerce

5,075,945
3,271,200

100

OM11

26,091
40,805

1.007,779
1,856,576

100

Florida Nat Bank... g

2'mi nun

255,813

7.049,737

100.000

32,233
455,195
882,103
166,726

760,457
13,222.365
15,067,464
1,584,097

200.ooo

St.

100 1/100
100
150

50.000
2

H I

165"

5,781

25
100
25

10

27.418,887

852.501
888,846
,

64,972

9,521,469
12,907,134

16

15""

100

100
37

1,250.000
First National Bank. al.300, iom
First Sav A Tr Co
>1 M l Ol 0
West Palm Bsach
Fla Bank A Trust Co.
West Palm Beach At¬

120

125

57

62
82

50
50

3,082,095 (100

14,716,668

545

78

100

100

135

105

110

486,985

4,125,319

100

347,952
300,000
270,000

91,260
198,313
48,672

2,529,466
1,574,688
885,935

50
100
100

550.00c
200.000

316.708
148.433

2,828,165
1,655,393

25

19

100

110

N

a

NorwichThames Bk A Tr
Uncas-Merch Nat Bk

o

re

cent

sa

les

National Banks

1,085,453

11,392,253
5,285,933
9,612,620

600,000

672,844

11,678,395

1,305,472
701,753

56,436

1,307,627

219,859

6,603,246

100

150

Nomi nal.

155"

1(^0

120

5,086,480 ( 25

20

Per

647,000

3,048,922
4,510,008

78,616,280

lU

86,003,991

10

475'ino
a

| 930,547

111 »n

ilOO

3,339,797

'00

2,551,825( 21,651,656

100

Sale price,

Includes preferred stock or debentures outstanding.

165"

c

June 30, 1937.

d Member of the Atlantic Group in Florida.
e

Common........

Preferred..
Colonial Trust Co
Waterbury Trust Co
..

250,000
264,000

230,700

1.000,000

2,740,464

300.000

178.668




1 32
7,569,831
3,752,161

32

100
100

Affiliate of the First National Bank of Atlanta, Ga.

q

Member of the Florida National Group.

h Affiliated with the Barnett National Bank of Jacksonville, Fla
k New stock.

300
100

I Last sale.
r

Combined statement.

t Trust funds
x

V

I

28

t Branch of Savannah,

-

Nat Bk

Waterbury Nat Bk—

'15"

29,523,032 (100

210,979

'Mwi

share

100

997 500

Preferred

Ga Sav Bk A Tr Co..
Trust Co of Georgia.

105.000

b Retirement price,

165

100

100

Institutions
Dec. 31

Atlanta—
American Sav Bank.
200 000
Cftis A So Nat Bank. r5 000 000
First Nat Bank
6.400 000
Fulton Nat Bank—
Common
1.000.000

*

120

State

GEORGIA

Dec. 31

a

1,000,000
200,000
700,000

2K), hio

40

45
100

100.000
d

110

1100

1,053,512

100

Petersburg—

175

1,399,285

21

60

993,357

100

25

20

2,573,999

100

6100

City

Stamford Trust Co

448,598
146,874

Pensacola—
American Nat Bank.
Clt A People's Nat Bk

St. Augustine—
Exchange Bk St Aug
St Augustine Nat Bk

25

( 25

800,000

National Bank...
Union Bk A Tr Co.

Fidelity TltleATr Co

400.000

20

25

25

5,580,770
1,660,443

920.000

Un A N Haven Tr Co

Stamford—
First-Stamford Nat'l
Bank A Trust Co.

100

lantic Nat Bank
a

Common

Wlnthrop Trust Co.

20

5,242,540

290~

New Haven—

Prior

5,058.015

196,996

68.000
g

Exchange Nat Bank.

Meriden Nat Bank..

Amer Bank & Tr Oo.
First Nat Bk A Tr Co

187,662

loo.OOo

Preferred

Florida Bank

tlOO

600.000
160,000
100,000
150.000

Meriden Tr A S D Co

Waterbury

100.(too

g

Amer Bk A Tr Co...
First National Bank.
First Trust Co.
Florida Nat Bk A Tr
Little River Bk A Tr

28

Meriden—
Home National Bank

Oitls A Mfrs

41,463,208
20,592,779
29,738,090

28

So End Bk & Tr Co—

New London

1,039,275
1,274,299
877,582

Tampa—
Broadway Nat Bank

Hartford Nat Bk & T
Industrial Bank....
Pnoenix St Bk 6c Tr.
East Hartford Tr Co
Hartford-Conn Tr Co
Park Street Tr Co
Riverside Trust Co.

Common

share

Lakeland—
Florida Nat Bank

National

205.137
986,868
921,194

"63"

120

100

Nominal

Miami

300,000
150.000
1,150.000
100,000
4,000.000
100,000
1.600.000
100,000
4.000.000
100,000

141

I (Ml

FLORIDA

Atlantic Nat Bank.. d3.000,000
Barnett N B of Jack.
1.500.000
Florida Nat Bank
g] 500.000

Hartford-

Capitol Nat Bk 6c Tr
Conn River Bkg Co.

240

Miami—

West Side BankCommon

175

100

25
100
100

165,000

1st preferred.....
2nd preferred

""60" Kl*
70

25

25,000
125,000
25,000

.....

11

29

75
130

100
100

Jacksonville—

share,

9

26H

100

Nomi nal.

Bridgeport—
First Nat Bk & Tr Co

230

iioo

2.000,00u
Union Trust Co
2,000.000
Wash Loan A Tr Co. '1.000.000

National Banks
Dec. 31

20

16

200

100

7,968,205
7,197,612
50,377,122

1.000.000 11,887,390
500,000
1,223,710
1,073,429
2,394,987

j..

Income debentures

Munsey Trust Co-

10
I <l|

100

95,059,922 / IOO

3.000,000 14,712,073
1.317,500
c572,5 >0
383,721
287.850
a588,000
3,400,000 4,682,465

...

Second Nat Bank
Secur Sav A Com Bk
Amer Secur A Tr Co.
Nat Sav A Tr Co—

100

138,274

500.000
30,000

72,551
299.047
535,360
255,086
c
844,525
330,000
800,000
209,110
638,028
196,634
1.733,090

Ex-dividend.

8tock all owned by Travelers Insurance Co.

16*"
30

103

AND

BANKS

National Banks
Dec. 31

COMPANIES

National Banks

State Institutions

GEORGIA

Gross

Bid

Par

Deposits

Ask

Surplus &
Profits

Capital

Dec. 31

Gross

Per

share.

$
760,000
r6.000,000
400.000

Nat Exchange Bank

$
478,246
3,048,922
146,198

8,629,097
78,616,280
3.024.412

100

174

179

no

15

16

860.000
200.000
300.000
76.000
200.000

Augusta—
Cltix & So Nat Bank

790.796
108.714
144,000
45,951
326,694

6,887,730
1.617,373
1,967.920
1.169.055
2,480,843

100

Oolumbus—
Columbus Bk A Tr..
First Nat Bk of Ool
Fourth Nat Bank
Home Sayings Bank.

Merch A Mech Bank

100

90

Union Nat'l Bank...

7,984,676
1,707,866

Peoria—

N

50
20

o

Cent Nat Bk A Tr Oo

100

N

o

100

re

cent

105
100

sa

les

.

600.000

Com Mer Nat BkATr

2,000.000

774,789
922,310

660.000

1,450,130

10,024,587
22,908,480
15,070,260

200,000
90,000
150.000

122,084

2,392,120

90,400

1,378,500

100

677,197

100

40

3,556,847 1100

35

50

125"

i§6"

40

50

First National Bank

rec ent

20

sa

les

Jefferson Tr ASav Bk
Common

Capital notes
South Side Tr A Sav B

Macon—
Cltis A So Nat Bank. r5.000,000
City Bank A Tr Oo._
110.000
First Nat Bk ATrOo •
600.000

100
100
100

1,479,709

89,441
647,964
162,655

100,000
300,000
100,000

Nomi nal.
Per share,

$

$

Elgin—
Elgin Nat'l Bank...
First Nat'l Bank

Ask

Bid

Par

Deposits

Nomi nal.

Georgia RR Bk & Tr

I
|

Institutions

State

ILLINOIS

Dec. 31

Dec. 31

Surplus &
Profits

Capital

TRUST

{:::

,

3.048.922
74,600
218.509

i

_

3,048,922
156,842
232.174

675.000

Citizens Bk A Tr Co
Common
Debentures..

no
100

15

16

100

10

Quincy—
100,000

20,353

200,000
199,000

57,457

Mercantile Tr A 8 Bk

200.000

Peoples Bk of Quincy
S'thSideBk of Quincy

100.000

297,000

5,668,040
744,024
654,875
1,574.318

100
100
100

State St Bk A Tr Co

159,001
44,416
17,681
92,809

200,000
250,000
500.000

356,536
151,262
270,417

9,657,962
5,326,704
8,395,135

100

500,000

493,336

11,018,137

150,000
50.000
500.000

272,158
366,741

100

B'dway Bk of Quincy
111 State Bk of Quincy
Common

8avannah—
OltlzA So Nat Bank. r6.000.000
Liberty Nat Bk & Tr
600.000
Savannah Bk A Tr

78.616,280
1,343,000
6,426,602

200.000

90,318

I

78.616,280
4,132,163
3.880,078

1,402,223

10
5
100

16

15

50"

"50"

100

Debentures

50.000

50

40

100

142.000
Bockford—
Illinois Natl Bk A Tr
Oo
Swedish-Am Nat Bk.

i

Third Nat'l Bank...

175

250

1C0

150

165

5,395,500 ( 50

110

120

'125*

145'

5

40

Springfield—
National Banks
Dec. 31

IDAHO

State Institutions

First National Bank.
Illinois Nat Bank—

Dec. 31

Common
Preferred

Nomi nal.

Boise City—

Per

share.

Springfield MarineBk

50

11,406,957

Ida 1st NatBk ofBoise

600,000 I
502,283
Preferred
594,000
First Security Bank. il .138.000 cl,509,311
Boise Trust Oo
125.000
48.077
common

22,604,428

100

N

o

re

cent

26.762,918
82,433

100
100

sa

les

National Banks

ILLINOIS

Dec. 31

Institutions

State

INDIANA

Dec. 31

National Banks

Dec. 31

State Institutions
Dec. 31
Nomi nal.

Nomi nal.
Per share.

100

N

o

100

re cent

160,000
300.000
384,200

Merchants Nat Bank
Old Second Nat Bank i

128,937
221,580
84,554

3,261,265
4,980,006
3,179,301

100

les

Belleville Bk A Tr Co

160.000
100.000
300,000

Belleville Nat Bank.

Belleville Savs Bank.
First National Bank,

73,833
40,661
226,368
256,759
173,540

200.000

•t. Clair Nat Bank—

150.000

2,786,964
1,145,785
2,499,224
4,159,925
2,459,004

100
10(1

100

100
30
250
125

State

200

100

160

100

100

100

100

100
100

100
150

110

100

100

110

14,126,691 noo

125

1100

500.000

199,500

100

150
101

13,745,726
J,214,815
1,377.684
1,101,000
881,036
12,023,216
1.641,863

337,916

175
110
110
160

Old National Bank—

260
150

500,000

Common..
Preferred

1

500 000
Mutual

1,500,000

1,200.000

609,130

400,000
420.000

j, 397,278

Peoples Savings Bk..

,

8,132,065

Fort Wayne—

ChicagoAetna

Bank

National City Bank.
North Side Bank

100
100

147,000
100,000

Indiana Tr A Sav Bk.
Lamasco

Belleville—

share,
225

100

783,081
180,179
32,484
35,000
38,007
617,865
28,082

500.000
100.000
169.900

Franklin Bk A Tr Oo

AuroraAurora Nat Bank—

Per

Bvansville—
Citizens' Nat Bank..
Citizens Tr A Sav Bk

Bank..

200.000

Albany Park Natl Bk
of Chicago

In proc

71,131
ess

3,072,528

Lincoln Nat Bk A Tr

100

Ft Wayne Nat
Common

of orga nization

100

160

40

30

100
10

80

13

180
35
90
16

10U

120

125

50,000.000 131621019 1006694791 f33i
25.000,000
[ 33l»
1,500,000
436,418
1,502,267 100
250.000
Cosmopollt'n Nat Bk i
2.176,637 100
44,669

66

Am Nat Bk A Tr Co.

11,600.000

Austin State Bank.

200 000

Beverly State Sav Bk
Central Nat Bank..
City Nat Bk A Tr Co
Oont 111 N B A Tr Oo

100,000
300,000
4.000.000

1,044,227 52,350.466
4,517,040
110,716
71,204
2,306,504
6,197,144
145,571
2,704,864 118,345,922

Common

Preferred
Dime Trust A Sav Bk
Common

Preferred
DrexeJ State Bank..

Drovers Nat Bank..
First National Bank
First Nat Englewood
Halsted Exch N at Bk

Hamilton State Bk._
I-C National Bank..

Kaspar Am State Bk

M

275,000
326.000
300.000
1.000.000

Preferred

Liberty Nat'l Bank

_

live Stock Nat Bank
Madison-Crawford
Natl Bank

32.442,037

339,139
1,549,959

11,851,901
24,191,368

200,000
200.000

Main State Bank...
M erchandist N at* IBk

113,745
162,187
744,612
89,856
91,599
63,564
66,583

600.000
200,000

Merchants Nat Bk..

Metrop State Bank.
Mid-City Nat Bank

J. 305,928

200.000

400.000

.

Milwaukee A v N't Bk
Mutual Nat Bk of Oh
Nat'l Builders Bank.
Nat'l Boulevard Bk.
National Security Bk
North Shore Nat Bk.
Oak Park Tr ASav Bk
Personal Ln A Sav Bk
Pioneer Tr A Sav Bk
Sears-Corn State Bk.

i
1

i

Upper Ave Nat'l Bk.
West 31st S« ate Bk.
Western Sti.te Bank.
.

600.000
500.000

200.000
< 200.000
500.000
2.000.000
i
750.000

Security Bk of Chic.
Skala State Bank.
South East Nat Bank
State Bk of Clearing.
Terminal Nat Bank.
Univ St Bk of Chic.. i

Uptown State Bank.

200,000
300.000

200.000

700,000
200.000

200.000
120,000
200.000

299,500
300,000
300.000
100.000

200.000

Ml,792
2,519
450,000
164,070
45,960
316,590
1,541,158
1,029,565
223,700
221,629
59,336
103,881
34,810
328,846
300,067
241,683
178,375
24,787
157,152
327,028
126,402
992,801
412,941
65,012

Amalg Tr A Sav Bk. i 400,000
Banco di Napoli Tr.
300,000
Chic City Bk A Tr
800.000
Drovers Tr A Sav Bk i
550.000
Bast Side TrASav Bk
200.000
Harris Tr A Sav Bk.
6,000,000 10,438,016
Lake snore Tr A S Bk i 796,000
275,157
Lakevlew Tr A 8 Bk.
600,000 1,266,260
Mercantile Tr A Sav.
600.000
451,963
Northern Trust Co..
3.000.000 9,795,529
Pullman TrASav Bk
300.000
329,632




„

re

cent

20

■a

les

People's Tr A Sav Oo

1,088,583

20

300.000

1,096,485

11,695,873

20

500.000

751,461
20,707

12,192,883
2,084,117

100

1.000.000 II ,074,726 31.835,762
875,000
1.921,976
107,311
100.000
3,000.000 5,528,908 110,545,154
189,164
1,334,870
200.nor
Live Stock Exch Bk. i
841,828
17,320
50,000
Madison Ave St Bk
468,197
9,233
65.000
Marion Co State Bk. I
1.250,000 2,190,668 28,997,374
Merchants' Nat Bk.
2.167,383
35,957
People's State Bank. i 300.000
549,083
3,158,175
Bankers Trust Oo
500,000
i 284.500
3,827,832
158,794
Fidelity Trust Co

10

Class A preferred.

10

Fountain Sq State Bk
Indiana Nat Bank..

100

200.000 I
50,000

Debentures

Gary<
Gary State Bank
Gary Tr A Sav Bk.. i

275,000

105
100

95

100

Indianapolis-

28

32

155

165

201

206

170
120
32

180
125
42

{10

15

100
20

190

20

100

14

alO
340

300
128

142

iUU

100

100
100
100

m

"235"
mm

mm

51

m mmm

245
--mmm

-----

100

Fletcher Trust Co-

U0

3,695,824
6,055,699
18,778,322
5,109,261
3,241,219
11,347,982
5,015,557
8,933,842
5,665,600
16,118,398
7,520.680
3,555,541
7,947,062
6,607,527
16,818,042
8.297.859
31,849
2,868.037
6,417,327
2,493,570
6,560,689
5,836,835
6,505.426
7.405.659
675,985
3,047,239
7.663.660
5,617,522
21,800,551
10,857,375
985,575
210,118,022
12,090,864
26,409,159
17,246,199
313,543,614
8,696,776

o

20

American Nat Bank

Lawndale Nat Bank
Common

N

15.450,512

1,489

District Nat Bank-

100,000
61,666
2.932.858 I 20
100,000
I 30
40
i
447,500
6,813,294
138,077
1.00(1,000
936,790 26,141,897 100
30.000.000 33,899.062 870,994,243 100
100
200.00U
763,152
5,710,051
200,000
195,873
6,358,812 100
200.000
44,672
2,010,415 100
10
200,000
60,008
2,500,391
250,000
69,728
2,460,378

20

Common

Preferred

Cont Nat Bk A T Co

Common

19,299,240

Bank

58

893,623
1,500,000 I
900.000
1,240,262
1,000.00))
i
205,817
399,200
2,322,867
1.000.000

Common

205
62

Debentures

Indiana Trust Co

100

145

150

100
100

80
184

140.673

2,877,499
1,509,854
10,137,279
4.289,353
2,806,542

U-100

15.535,007
3,631,744
20,166,050

100

168

157

—

"175"
70
330

mmrnrn

200
mm

189

100
100

100

36,420,677

90

Security Trust Co
Union Trust Co

105"

80

90

Citizens Tr A Sav Bk

25

First Bank A Tr Oo.

100
50

120

100

170

30
130
60
180

50

100
25

City Nat Bank..

Merchants Nat Bank

799.000
250.000

St

900.000

Joseph L A Tr Oo

152,891
254,070
188,114
16,709

10
100
100
100
100
N

80
140
165
26

90
148

Common

Preferred...
Terre
Haute

31"

...

115,285

5,266,003

500.000
380,000

848,399

16,201,651

20

20

les

First

Preferred

/<•

10

134

100
100
100

cent

100
100

Nat Bank—

Common........
124

250.000
250.000

0

re
sa

Merchants Nat Bk..

100
100
100

250,000
250,000

Terre Haute—

100
15
50

mmm

360

South Bend-

"95"

100
20

100

100

"24"

■„

26"

75
190

85

*

'i

Sale price,

205

t Branch of Savannah.

100

Preferred stock retirement price.

a

100
100

b On Jan. 27, 1938, the Belleville Bank A Trust Co.,
was closed for examination and adjustment by the State

lot)

100
50

90

100

145

c

100

155

of Belleville, 111.*
Auditor,

June 30, 1937.

d New stock.
s

2§5'
60

65

100
100
100

220
140

230
150

430

445

100

160

175

Affiliate of the First National Bank of Atlanta, Ga.

g

Stockholders of the Mutual National Bank of Chicago, 111., were to vote
capital stock from $300,000

§56"

50

'loo

Jan. 12, 1938 on a plan to increase the bank's
to

$400,000 of $100 par value a share,
t

.

outstanding

Common and preferred stock or capital debentures

n

Reserves.

r

Combined statement.

V

Ex-stock dividend.

.

/

March, 1938]
National Banks
Dec. 31

Capital

Burlington—

Dec. 31

Par

Deposits

Ask

Bid

53,144
40,048

200.000

1,601,345

300,000
250.000

100

27,511,519
4,289,151

N

128,367
25,019

Oeun Bluff* Say Bk.

150.000
150,000

109,750
174,322

First National Bank.
Common........
Preferred
State Saying* Bank.

60.000
40,000
100.000

66.482

94.894

1,641,601

100

600.000

1,006.052

26,672,127

cent

1,537.003 /100

100

Oonnoil Bluff*—
City National Bank.

k

....

963,903

10c

Common........

(100

clOO

Preferred

20,147,576
1,906,200

550,000
450,000

591.785

18,170,789 /100

150.000

27.965

1,550.000
1.450.000

971,326

35.599,989

28.966
15,130

1.564.431

100
100
100

215,806

290,784
4.172.432

800.000
250,000

483,838
104,403

9,058,346
4,176,669

De* MoinesBkATrCo d
lewa-De* hi olne* Nat
Bank A Trust Co:

Preferred

Home Saying* Bank. d
Untyerslty State Bk.
Valley Say Bank....
_

c25

100

(100

85

45.325.486 f 20
t 20

20H

21

51,948,463 | 20
V 20

20 H

21
28

26

25
67

100
100
100

115
110
95

125

J 622,708

1,500.000 1
1.200,000

780,276

iioo

128,696
2,336,879
6,237.580 117.589,045

208,000
2,800,000

mm— mm

20

69 H

First National Bank.
Commercial Nat Bk.
Cont'l-Am B A Tr Co

868,116
727,919
247,201

1.000.000
1,000.000
700,000

29.129.514
20,216,616
9,617,579

IOO""

National Banks
Dec. 31

8tate Institutions I
Dec. 31
f

MAINE
/

,

Nomi nal.

.

Augusta-

Per

First Nat Granite Bk d

8,248,983

1.000.000
200.000

288,505
1,032,367

10,098.502
7,721,148

100
100

600,000
750.000

J 477,681

Canal National Bank
Oasco Bk A Tr Co
First National Bank.
Nat Bk of Commerce

600.000
200.000
400.000
400,000

455,361
184,225
259,427
311,131

Portland Nat BankCommon........
Preferred A...

•a

8,924,593

Common........
Preferred........

100

o

100
25

Eastern Tr A Bkg Co
Merrill Trust Co-

N

343,869
436,375

Merchants' Nat Bk.

100

900,000
611,425

482,460

Depositors' Trust Co

ehare

""32"" "35""

re cent

400.000

les

100

10
5.965 175
4,897,957 1100
6.029,169 100
5,605,788 100
2.093,846 100

241,644
219,308
363.236
201,487
50.196

300.000
800.000
250.000
100.000

National Banks
Dec. 31

State Institutions
Dec. 31

KANSAS

First National Bank.

150.000
150,000
250,000

Kansas City—
Oemml N Bk of K C
Common ........

300.000

Exchange Nat Bank.

55,361
135,399
246,815

Bangor—
N

0

re

cent

sa

12,394,964 / 20
1100

les

Portland—*

Nomi nal.
Per share.

Hutohlnson—
American Nat Bank.

495,000
92,550

Preferred B

J

8,095.869

100
25
40

3,817,418
5,129,844
6,689,481

441,471

39

34K

20

{

27

36

37

64
c40

59

f 50

11,702,531

105

100
24

40

1

50

100

1,496,864
2,460.402
4,948,425

100

100

National Banks
Dec. 31

12,038,444 f 10
I 10
3,076,680 100

Bait Oomm'l Bank..
Baltimore Nat Bank

State Institutions
Dec. 31

MARYLAND

Nomi nal

446.000

Preferred....,

J 192,387

200.000

145,639

Baltimore-

Per

500,000

Common

Common........
Preferred........

Preferred
Calvert Bank.......

I

Canton Nat Bank..

I

100
100
100

203.957

5.170,999 flOO

409,827

4,145,249

re

cent

Carroll ton Bk of Bait
Oommonw'lth Bank.
First National Bank.
Nat Cent Bk of Bait.
Nat Marine Bank...
Western Nat Bank..
Colonial Trust Co...

•a

les

Equitable Trust Co.

Leayenworth—
First National Bank.
Leayenworth Nat Bk
Manufac'r* State Bk

150.000

158,916
251,902
24,773

150.00C
50.000

2,158,084
2,638,837
859.896

N o

Topeka—
Central Nat Bank...
Central Trust Co
Citizens State Bank. d
Fidelity Say State Bk
Guaranty State Bank
Common........
Preferred........
Kaw Valley State Bk
Merchant* Nat Bk.
Nat Bank of Topeka
State Sayings Bank.

Topeka State Bank.. d

500,000

376,961

11,937,535 llOl

400.000
77.500
200.000

285,506
6,710
75,781

930,605 I
572.328 100
2,189.284 100

43,567

1,153,092 /100

60,000 t
140,000
50,000

Fidelity Trust Co...
Maryland Trust Co
Common

626,063

100

29,146
34,000

100

100
100

1,550,000

Peoples Bank—
Common
Capital notes.....

......

Wiohlta—
First National Bank.
Fourth Nat Bank...
Kan*** State Bank..
Southwest Nat Bank
Union National Bank
Common......

1.000,000
1.000.000
100,000
200.000

1,302,232
852,449
21,620
207,705

107,000 1
93.000

Preferred
d

National Banks
Dec. 31

100.000

24,632,140
22,825,969
1,081.577
2,329,654

Second Nat Bank...

lot
100

40,920

KENTUCKY

6,614,634
496,018
550,000
536,504
132,300
1,291.573
880.260

100.000
99.500
500.001

31,668,801 f 10

22

50

OH
25

'"80"
45

100
10
10

1
4

258,839
4,203,352
1,522,819

165.398

5,660,724

140

42

45

30
30

40

15H

75

13 >4

100

17H

70

10
50
100
100
10

53

120

100
30
20
25
100
25

3
6

52

>1

24,608,837
1,499,188
20.162.356
34,510,317

3,879,623

share

20

9,536,700
3,756,791
1,598,463
1,277,747
145,699,992
6.217,882
4,918,963
13,135,273
2.073,009
33,960,917
18,891,553
34,476,032

J 1,170,000

398.000

4H

15 J4|

225"" 230*"
62
525
a

9

110

540'"
9H

120

36

38

130

155

17

18

70

75

61,045

1,466,227

f 25

219,561

6,103,128

50

150.000
298.500

155,060

3,356,808

100,000
200.000
126.00T

932,729
214,007
479,678

5,294,472
1,561,129
4,735,718

100
20

75.000
60,000
150,000
100.000

97,717

1,649,563

15

370,553
35,534

4,101,029
673,088

100
10

90,000
415.000
200.060
150,000

79,984
177,074
217,571
70.063

1,504,381
6,141,194
4,084,146
1,773,459

10
100

15
110

lie

10

27

28

}

Liberty Trust Co-

100

Common

100

Capital notes.....

3,823,551 /««!
\Wt
50
961,969

128,232

246,404
185,500

2.000.000
1.000,000
1.000.000
1,650.000
1,500.000
600.000
2,000.000
3.000,000

10

5,544,646

t

378,400
111,326

4.000.000
400.000
600.000
750.000
400.000

Real Estate Tr Co..
Safe Dep A Trust Co
Union Trust Co
CumberlandFirst Nat Bank..... d

1UU

7,968,°9°
9,403,396
1,595,°80

„

......

Capital notes.....
Mercantile Tr Co...

\150
53,152
161,315
568,420

200,000
500,000
100,000
100.000

900,000
375,000
300,000
80.000
300,000

......

1100

381*215

600,000 11,043.055

100

106,000 1
94,000

100,000

Blyerylew State Bk.

_

32,445,235 /100

110

clOO

Dubuque—

First National Bank.
Amor Tr A Say Bank
Sioux City—
First National Bank
live Stock Nat Bank
Toy Nat Bank......
Security Nat Bank..
Woodbury Co Say Bk

_

105

1100

150.000
50.000
150.000

Common........

^Preferred-.-.....

_

.....

1,495,285

Cap City State Bank
Cent Nat Bk & Tr Co

Common......../.

8,694,152 /100
i 80

8hrereport—

25

580,130
113.166

Preferred
Nat Bk of Commerce

Common.........
Preferred
Louisiana SB A T Co
Whitney Nat Bank..

(25

400,000
600,000
150.000

........

J 347.882

15

13H

e

1.500,000
1.200,000

...

De* Moines—

Bankers Tr, Co—
Common

%

9,468,407

| 304,165

Ask

1,000,000 11,188.890
1,150,000

New Orleans—
Amer Bk A Trust Co
Common
Preferred
Hibernia Natl Bk

Dayenport—
Davenport Bk A Tr.

Bid

Nomi nal.
Per share.

*a les

101

2,353,919
3,853.226

Par

Deposits

$

300,000
260.000

Common.......
Preferred.......

o

re

20
100

50,000

_

$

300.000
250,000

Preferred
Louisiana Nat Bank

Cedar Rapids—
Merchant* Nat Bank
People'* 8av Bank..
United State Bank..

^

Baton Bouge—

City National Bank
Common.......

100
100

2,131,766
3,061,869

Cross

Surplus &
Profits

Capital

Nomi nal.
Per share.

State Institutions
Dec. 31

LOUISIANA

Cross

Surplus &
Profits

71.000

Farmer* A Merch 8 B
Nat Bk of Burlington

National Banks
Dec. 31

State Institution*

IOWA

103

trust companies

banks and

c02H

FrederickCitizens' Nat Bank.
Oomm'l Bank of Md
Farm A Mech N Bk.
Frederick Co Nat Bk
Common.........
Preferred...
Fr'k Town Say Tnst.

State Institutions
Dec. 31

West Maryland Tr

..

ill

25

c25

15

I

Nomi nal

Oovlfatfton-

share

200.000
Oommon.

391,848

4,783,548

276,515

d
d

200.000 I
75,000
550.000
150.000

4,824,585 1
\
6,779,237
1.588,545

d

340.000

.

0

0

297,799
75,457

100

155

10

15

10.
50
10

17 M

Hag* ra town—
Farmers A Merc Bks
Nicodemus Nat Bk..
Second Nat Bank...
Hagerstown Trust Co

"45"

9H

SO"

5H

10

7H

Lexlngto
[tonBank of

>mmerce.
Co 1

-

232,938

3.218,579

100

105
National Banks
Dec. 31

Citizens Bk A Tr Co.

200,000
350,000
1.000.000
150.000
150.000
500.000

.

-

0

Second Nat Bank.

.

d

Louisyille—
Citizens* Union
1.000.000
Fidelity A Oolum Tr.
2,000.000
First National Bank.
1.000.000
b- dl.839,500
100,000
300,000
a Ql .000.000
750.000
100.000
Stock Yards Bank...
dl,990,000
526.000
.

.

.

.

.

.

)

1.382,439 / 25
1 10.
60 100
13.473,390
100 300
3,148,288
2,612,965 100 160
3,620,237 100 350

1,069,283
361,888
205,355
472,769

3,041,982
1,683,306
2.53S ,086
287,079
39,726
162,874
1,035,470
627,137
119,914
832,314
112,663

366""

54,578,952 1001 J
/280

81,420

287

7,593,360
35,149,974
24,116,339
1,396,693
2,749,551
3,928,995
12,489,308
1.553,975
13,881,501
1,313,946

4H

Ioi""

IOO)

100

2&

90

98

2

Say

d

145.000




132,093
410,579
14,011

,

'

1,652,841
4,571,241
1,655,835

10
100 130
100 0rlOl
100 130
100 120
10
7
100,

loo.
100.
10.

Per

39 H

380
58

*

140""
140""

a

c

Sale price,
New stock,

Retirement price.

d Common and preferred stock or capital notes outstanding.

IP
68

/ Citizens' Union Fidelity unified certificates.

Affiliated with the First National Bank of Louisyille.

h Member of Northwest Bancorporation.

I250"

k Units.

1 Last Sale,

,s.

.

share.
39 H

385
62

22 X

135

3

Newport—

OWril

Nomi nal.

BostonFirst National Bank. 27,812.500 51,514,821 615,939,169 12H
Merchants' Nat Bk.
3.000.000 5,630,086 84,650,761 100
Nat Rock Bk of Boo
1.500.000 2,863,608 29,517,239
20
Nat Shawmut Bank. 10.000.000 20,802,679 164,754,074 12U
2,000.000 4,746,328 75,833,652
Second Nat Bank..
25
Web A Atlas N Bk..
1,000.000
50
430,794 12,277.692

g

100.000
100.000

MASSACHUSETTS

35

140
37

'

t

r

BANKS

104

Deposits

Par

Ask

Bid

State Institutions
Dec. 31

michigan

Dec. 31

Cross

Surplus &
Profits

Capital

National Banks

w00*

nrr Massachusetts

COMPANIES

TBUST

AND

Cross

Surplus &
Profits

Capital

Nom inal.

Nomi nal.

Boston—
Banc Oom Ital Tr Go
Boston S Dep A Tr_.
Columbia Trust Go..

750,000
2,000,000
100.000

c

1,250.000
Day Trust Go
Fiduciary TrustCo.. * 500.000
New Eng Trust Oo__
1,000,000
Old Colony Trust Go 15,000,000
400,000
Pilgrim Trust Go
State Street Tr Oo._ 3.890,000

212,276
3,995.746
240.039
1,826,571
u
663,511
u2,994,592
5,266,798
383.500
5,187,161
u

$
1.705.757
36,765,626

Per

100
100
100
100

2,336,166
11,341,593
2,583,487
34,845,761
None
6,820.502
78,766.576

share.

r285~"

110
100
100

Common

Common

Convertible pref—

450,000

Wlnthrop Trust Oo__

100.000

Michigan Ind Bank

"165"
265

280

10
L

2,593,025

74,507

50

180

1,500,000 11,660.000 C138737.568 i 20
1 20
3,650,000
50
3.000,000 3,619,787 114,372,520
55,529
144,138 100
100,000

..

11

10
100

12

14
15

Nat Bank of DetroitCommon....
Preferred

12,428.137

Per

$

>

share

49

986,122 c64.813.693

A3,950.000

Preferred
MfTs National Bank.

r400

D S Trust Co—

700,000 11,368,886

$

Detroit—
Osm'wealth-Com'l
State Bank

200

Detroit Bank

100
5

Ask

Bid

Par

Deposits

d

*

53

85"

"70""
39

40

24

27

1,423,260 11,888.478 (712,372,318 f 20
i 20
1,263,691
100
41,587 0
350,154
150.000
100
612,007 0 5,979,627
500.000

39
21

43
25

22,580,512
9,537,293
3,173,729

20

26

30

20

'23"

5,931,257

20

30
20
21

1,269,446

20

12

15

9,338,707

20

10

7,500.000
10,000,000

f

10

1

405,605,825

J12407,650

25

United Savings Bank
Common........

500,000

Preferred

935,000

}"

768,000

19,175,308

I 10

i

10

f

20

\

20

Equitable Trust CoCommon

Beverly—
3,835,800
1,459,551

316,772
82,129

300,000
100.000

Beverly Nat Bank—
Beverly Trust Go

100
100

140
75

135
70

500,000

Class "A" pref
Class "B" pref

101.260

403,261

1,883,186

0

i

127,860

20

Detroit Trust Co—

Brookton—

Common

Brockton Nat Bank

Preferred

580,107

...

Heme Nat Bank...

6,765.106

50

6,535,640
4,270.693
1,152.802 cl9.494.108

100

50

8,183,933 ( 20

409,840

300.000
300,000
600,000

Common.-......,
Preferred..

\ 25

Highland Park Trust
Un Guardian Tr Go.

Flint—

Cambridge—

611,278

150.000
300,000
1.000.000

Cambridge Trust Oe
County Bk & Tr Co.
Harvard Trust Oe

c

475,271

10
20

500

450
10
66

12

68

Merch & Mech Bank

729,633
244,826
44,936
392,573

Ott Oom A Save Bk. kl .000,000
Genessee Co Save Bk
700.ooo

192,000
400,000

Nat Bank of Flint

20

25

Everett—

600,000

806,468

9,759,872

10

400,000

222,170
543,381
108,867

5,524,629
7,658,420
3,055,659

100

91

150
100

205

300,000

600.000

874,470

6,986,249

100

150,000
120.000

Middlesex Co Nat Bk

251,228

2,859,152
1.392,407
3,527.763

100

rec

10

sa

Grand RapidsCentral Bank

427,500

c
c

80

250.000

96,381

Nat Bk of Grand Rap
Common

Fall River—
Fall River Nat Bank
Durfee Trust Oe...
Fall River Trust

500.000

422,769

c

12

f20

20

220,000

Preferred

Peoples Nat Bank-

Fltohburg—

Common.

Safety Fund Nat Bk.

No

Gloucester—
Cape Ann Nat Bank.
Olouc Nat Bk of Glou
Glouces S D A Tr Oe k

162,327
174,091

300.000

Common

ent
les

20

}'

no
27
150

24

10
10

100

20

10

2,583.601

50

19

15
22

1,806.302

20

12

14

.560,183 c42,313,219
136,449
343,214
691,887

g

1,033,382

c

g

126,485

c

6,125,257

20

21

23

1,886,113 c28.484.579

400.0oo

250,000
1.200,000

Michigan Trust Co..

16

14

10

10

1,000,000
1,750,000

...__

Preferred

Grand Rapids Tr Go. k
Union Bank of Mich.

7,833.881

429,304

400,000
275,000

.

Preferred
Old Kent Bank—

100

185

200

HaverhillHaverhill Nat Bank.
Merrimack Nat Bank

6,166,776
2,372,650

992,613
188,577

200,000
300.000

100

10

10

Common.

Tr Co

275,000 1
380,000

....

Preferred
Park National Bank
Common
Preferred

Hadley Falls Tr Oe.

383,000
1,250.00<>

60

50

50

2,812,742 (100
1100
9,668,211
20

160,944
300.804

c

6,643,323

60

National Banks

25

600.000

310,409

300.000

405.765

3,751,525

100

562,127

11,269,711

25

18

25

MINNESOTA

Dec. 31

Nomi

23

Per

Duluth—

200,000
2,000,000

835.373
7,179,950
2,079,817
31,773,062

100
100
50
100

n

o

re

cent

400,000
Northern Nat Bank.
1.000,000
Pioneer Nat Bank
100,000
Western Nat Bank- Jfc
100,000

212,999
376,333
40,509
22,226

6,772,228
12,140,136
1,085,617
1,007,776

100

sa

les

600.000

Olty National Bank.

Lynn—

Duluth Natl Bk

Common
Preferred
Manufac'rs Nat Bk.

—

National City Bank
Common

251,460

Preferred

467,706
609,067
756,834

Minnesota Nat Bank
of Duluth

101

fSO

c

f 50
i 50

3,327,938
3,526,120
9.453,808

c

100

385

20

46

200,000

19

50
7,607,348
20
9,420,276
5.605,677 12 k

243,164
677,529
425,393

75,830

39

100

3C

10

9

100,000
138,000
100,000
First NatBk&TrCo 56,000,000
100.000
Hennepin State Bank b
Marquette Nat Bank Jfc 384,000
Midland NatBk A Tr Jfc
990,000
Minnehaha Nat Bk. b

Peabody—
..

1,774,317

647,000

2,939,596

119,248

250.000
200,000

15

|, 573,203

Naumkeag Tr Co—
Common

Preferred..

6,492,669

10

17

15

10

Common...
Third Nat B StT Co..

2.000.000

379,061

14,758,145

10

9

11

1.500,000
1,000,000
1,000.000
194,250

2,502,152
1,304,034
1.777.923
101,563

27,552,398
13,033,571

100
25

310

325

67

Union Trust Co

West Springfield Tr.

13,097,991
1,975,807

25

59

25

—

Machinists

Nat Bk.
Bristol Coun ty Tr J..

200,000
300.000

266,932
298,873

1,969,141
4,241,846

100

500.000 1

820,851

15,680,755

100

25

25

Worcester—
Mechanics Nat Bank
Common

120

500 000

Preferred

Guaranty Bit & T Co

Third n'west'n n Bk i
4th Northwest Nat'l. k

100.000

k

91,400

122,662
121,650
37,028

1,719,385 <100
2,817,149 <100
1,182,059

200.000
125.000

164,527
61.625

4,984,277 plOO
1,713,819 100

7h

0M

125.000

Rochester—

72

...

Springfield 8 D & Tr.

Common..
5,000,000 13,259,549 109,056,839 /100 <
tioo
Preferred
2.000.000
Produce State Bank. b
100.000
35,401
1,345,015 6
2d n'west'n "State- i
50.000
1,039,085 <
13,463

University State Bk.

Springfield—
Springfield Nat Bank

100,000

117,162
2,125,093 tioo
28,156
1,753,466 <-27,587
1,650,616 <100
7,623,513 131,549.040 b 20
28,369
864,878 100
100
5,371,643
165,904
494,164
16,247,207 <100
35,398
1,821,936 6100

n'western Nat b & t

Salem—
Merchants Nat Bank *

100
66».

Minneapolis—
Blooming' n-Lake nb 6
Fifth No'west'n n b_ i

721,500
600,000
425,000

too

157 H

100

Central Nat Bank

New BedfordFirst National Bank, k
Merchants Nat Bk..
Safe Deposit Nat Bk

Worcester Co
Common
Class A

Jfc

First A Amer Nat Bk

2,810,385

67,565

200,000
250.000
250,000
100,000
400,000

Essex Trust Oe
Lynn 8 Dep <Sc Tr Co
Security Trust Oe

3,416,303 f 50
I 50
3,101.425 100,

138,452

200,000
190,000
200,000

nal
share.

32,576
336,888
43,527
980,409

100,000

Bank of Gomm A Sav

Central Nat Bank—

Warren Nat Bank

State Institutions
Dec. 31

112

1.000.000

Lowell—
Appleton Nat. Bank.
Union Old Lowell
National Bank...,

7,841,752

129,583

100,000 1
150,000 r
A1,400.000

Lawrence—
Bay BtateMerNat Bk

Taunton

Saginaw—
Saginaw State Bank. Jfc
Second Nat Bank A

Holyoke—
Holyoke Nat Bank—

100

3«M! O00

4,847,209

10

19

21

1.000 000 11,751,442 c34.255.738
2.000 000 f

10

17

St. PaulAmerican Nat Bank.
Commerclal State Bk
Drov ErchState Bank
First National Bank.
First State Bank

£

al,694,000
a

150.000

ok 200.000

p6.000.000
p
100.000
EmpireNatBkAfcTrOo ik 475,000
Stock Yards Nat Bk. k
300.000
Midway Nat Bank—
Common..
100,000 1
Preferred
175,000
First Trust Go
Pi .000.000

226,325 24,764,672 100
100
242,931
4,758,181
45,649
1,879,149 100
7,468,850 119,050,484 plOO
113,328
2,202,255 100
218,420
7,713,046 100
4,948,782 <100
167,736

155,191

cent
les

9h

5,089.904 1100

207,706

*

re
sa

No

PlOO

tioo

21

10

First National BankUnion Nat Bank

10j4

328,323

.....*

Tr Co

*

Sale price,

t No par.
6 First National Group,
c

In process

of liquidation.

d Convertible preferred stock

entitled In liquidation to $20 a share.

f Retirement price.
0

Tru^t balances.

.

1 Member of Northwest Bancorporation.
k Common and preferred or capital debentures

National Banks
Dec. 31

MICHIGAN

I Last sale.

State Institutions
Dec. 31

0

American National Bank of St. Paul affiliate,

p

Nomi nal.

Bay CityBay City Bank
300,000
Natl Bk of Bay City.
400.000
People's Commercial
A Ravings Bank—. A1,000,000




Per

8,237
207,964

2,733,910
6,687,307

100
100

share.

N 0

Member of the First Bank Stock Corp.

r

Stock has to be offered to board of directors.

s

New stock.

June 30,

1937.

re

556,802

10,314,308

100

;

t Affiliate of First National Bank of Boston

cent

«

sa

les

a:

Ex-dividend.

1

First Bank Stock Corp.

outstanding.

"9h

March, 1938]
National Banks

MISSISSIPPI

Dec. 31

Institutions

State

National Banks
Dec. 31

Dec. 31

Bid

Par

Deposits

Ask

Capital National Bk300,000 )
100 ,nnn f

428,762

7.387.800

13,618
215,626
341.265

545,357
10,582,920
8,370.085

Depos Gu Bk & TrOo k

Jackson-State

300.000

N Bk.

re cent

270,000

3.048,711
2,867,458
3,606,514

100

241.000

74,794
124.895
75,146

650,Ooo
300,000

201,070
263,357

5,376,202
5,476.104

Per

200,000

100.000

232,349
158,715
177,735

300.000
100.000
600.000

886,637
42,460
595,591

600.000

299,625
111,148

6,895,163 (100
1100

les

100

National Banks
Dec. 31

MISSOURI

State

4.133,130 (7100
100
2,570,801
100
2,807.703
N

100

"

12,721,016
1,214,155
13,359,049

re

cent

100

sa

les

(7...

Preferred

National Banks

Institutions

State Institutions
Dec. 31

NEBRASKA

Dec. 31

Dec. 31

Nom inal

Per

100,000
600,000
500,000
6,000,000
100,000
2.000,000
500,000
100.000
200.000

Columbia Nat Bank.
Commerce Trust Co

Community State Bk
First National BankInter-State Nat Bank

Llnwood State Bank.
Merchants Bank
Merc Home Bk 8c Tr

1.581,706
132,080
4,079,496
41,609

4,389,310
1,161,370
53,113

165,073

100
100

290
100

310

100

200

225

8,532,119

100

100
10C
lor
100
100
100

Nomi nal.

share.

1,934,583
20.823,770
6,235,098
156,955,891
1,218,181
112,682,477
22,192,419
1.413.704
3.304,392

110

300

Lincoln—

Per

340
76

200,000
199,000

Capital notes
Missouri Bk 8c Tr Co
Common

80,000 l
120.000

Preferred
Park National Bank.
Plaza Bank of Comm
Produce Bxch BankGate

66

110
70
455

48,086

-

120

.

90

e

1,423,239 flOO

Omaha—
First Nat Bank—
Common
Preferred A
Live Stock Nat Banlt
Omaha Nat Bank—
Common

135

20,496
52,066
135,162

200,000
100.000

1,469,375
3,211,073
2,417,412

.

Packers' Nat Bank:
Common

100

100

120

100

*

550.000
100.000
50,000
50,000
400.000

Stock Yards Nat Bk.
Union Nat Bank—

[c

Preferred
West port Aye BankUnion Ay Bk of Com

12.926,414

I

j

67,726

50.000

1

c

125
200

al00
150
250

20
20

a20

100

44,166,329 (100

1100
2,309,435 (100

48,640

150,227
48,295

8,442,337 62 H
1,190,531 100
756.458 (100

52**

62*4

100

25

952,384

50

65

255"

225"

10

12

75

Common

e

Preferred
U S Nat Bank..

250.0 00

)

450,000
el.100,000

77,800
784,941

6,605,881 (100
U00
100
22,553,911

1100
6,709.032

621,310

26,320,231

178.923
118,785
16,234

l

1,818,784
1,591,177
630,329

100

110
i

100.000
100,000
100,000

University Bank

25,583,272 f

100

Stock Yards Nat Bk

265.953

1,000,000
1.158,000

_

730,543

354,064

94,000

130

100

19,979,027
11,112,805

J1,208,078

106.000

120

25,904

.

425,015
610,988

1.500.000
750,000

120

8,896,831 (100
100

}

1,500,000 1
250,000
450,000

-

170

100

199.743

490

100

50.000

Southeast State Bk
South Side Bank—
Common
Preferred

National Banks
Dec. 31

15

100
100

100

75

NEVADA

195

140

95'

Nomi

Reno—
First Nat Bk of Nev. d
Lit.

250,000
290.000
850,000
300,000

e

.

City

Nat'l Bank

Common

j 320.301

share.

120

-

Common

Traders'

60,429

o

100

Helena—

50

Kansas CityBaltimore Bank
City Nat Bk 8c Tr Co

share.

9,706,636 (7100

100,000
383,500

150.000

Miners Nat Bk
Metals Bk 8c Tr Co.

8

375.0

sa

Vioksburg—

FIrat Nat 8c Tr Co... k
March NatBk&Tr Co

Billings—

Common.-.-....

o

Ask

Bid

Nomi nal.

Butte—
First National Bank.

10(1

N

Meridian—
Citizens Nat Bank.. k
First National Bank. k
Mer 8c Farmers Bank k

Par

Deposits

First Nat Bk&TrCo
Union Bk 8c Tr Co—

40

787,500

Cross

Surplus &
Profits

Sec Tr 8c Savs Bank.

Too

Oommerc'l Bk&TrCo

State Institutions
Dec. 31

Midland Nat Bank..
Montana Nat Bank.

30

50,000

.

Preferred

105

MONTANA

Capital

Nomi nal
Per share

Jaokion
Oommon

COMPANIES

Cross

Surplus
Profits

Capital

TRUST

AND

BANKS

Per

600.000

840,168

II •

•>* c*

100

27,866,445

Joseph—

American Nat Bank.
Burnes Nat Bank
First National Bank.

236,093
260,138
416,335
130,572
77,151
261,430
97,331
66,587

200.000

200.000
500,000
100,000
250,000
200,000
200,000
136.000

First Trust Co
First StJ osSt 'k YdsBk

Tootle-Lacy Nat Bk.
Empire Trust Co
Missouri Vail Tr Co.

7,672,258
3,918,218
7.260,713
2,900,465
3,449,615
7,435,595
2,074.640
1,076,143

100
100

100
100

N

o

re

*155

wKr NEW HAMPSHIRE

cent

sa

les

Nominal.

100

Manchester—

100

Amoskeag Nat

Per

Bans

JOU.OOO

Nat Bk.

150.000

Merchants Nat Bank

100

share.
N'o

100

re

cent

100

sa

les

200.000

890,477
512,071
250,154

5,221,451
2,829,463
2,708,030

Bk k

200.000

409,833

Nashua Trust Co.,
k
4econdNatof Nashua Jfc

400.000

524.212

600.000

490,504

5,794,008
5,767,430
6,527,202

250,000
75.000
200.000

95,978

3,129,747 (100

48,914

1,382,005

Manchester

St. Louis—
Nashua-

Amer Exch Nat Bank

Common
Preferred
Baden Bank.._
Boatmen's Nat Bk..

107,500 ic
47,062
2,044,786
92,500
:
330,000
8,361
2,501,108
2.000,000 2,039,642 51,891,153
Bremen Bk 8c Tr Co. k
400.000
297,186
5,514,750
Cass Bk & Tr Co
k
450.000
198,582
5,607,917
First Nat Bank
10,200.000 8,015,163 223,501,202
Industrial Bk&TrCo
600,000
435,881
9,966,960

Jefferson Bk 8c T CoCommon

200.000 I
215,000 /

Jeff-Gravols Bank.

3,324,053

640,2421

Capital notes

80,904

83,883

6,254,291

Lemay Ferry BankCommon
Preferred

50,000 i
50,000 j

_

29,241

20

Indian

6

120

-15

too

50

20

27

100
100

95

17

120

{100,

28

Io5i "36"

987,312 (100
uoo

Common
Preferred
New Hamp Nat Bk.

64

600,000
600,000
450,000
200,000
350,000

538,740
176,135
244,782
137,674
744,685

11,046.601
5,368,068
8.715,223
3,627,462
16,710,608

423,000
400,000
500,000
1.000,000
1,000.000

54,179

167,641
203,685
745,756
329,467

3,228,591
4,313,493
4,626,656

Manchester Bank
Mutual Bk & Tr Co.'

Plaza Bank (The)...
Sec Nat Bk Savs&Tr

Southern

Telegraphers Nat Bk

National Banks
Dec. 31

al00

Tower Or Bk 8c TrCo
United Bk & Tr Co..

Chippewa Trust Co. *
Eastoit-Taylor Tr Co k
Lindell Trust Co

340,000
250,000
300.000

Merc Com B 8c T Co¬ 10,000,000
in ercan

20

16

100

92

87

92

20

20

24

100

175

tile-Com

Nat'l Bank.
350,000
Miss Val Trust Co..
6,000,000
Mound City Tr Co
* 246.059
North St Louis Tr Co
300,000
merce

Northwest'n Tr Co.. k
w
ebsterGroves Tr

k

Union Nat Bank.

*

.....

20
100

60

100
100
100

Nomi nal.
Per

"25"

"33"
65

120.000
343.783

Preferred

Guarantee Trust CoCommon

500,000
2.350,023

Preferred

5,367,746 152,882,429

100

112

15

225,000
1.184.518

Preferred

Asbury Park—
Asbury PkNatBk A Tr k
Asbury Park & Ocean

114

100
25

28
60

4

Seacoast Trust Co

29

.

Bay onne—
k
Broadway Nat Bk
Bayonne Trust Co..
..

20
100

100

100

175

290,000
597,000
100,000




13,096
324,360
94,954

2,452,173
11,171,254
1,988.884

J

95,959

J.f3577,212

5,420,603

100

share

60

1,679,018 (100
i 10

o30

4,538,947 /

10

i

10

6"

1,314,131 (100
i 10

23

116""

j 104,224

3"

580.500

190,500

5,688,839

10C

300,000
100,000

Grove Bank.

100

677,489

Equitable Trust Co—

75

5.537.632
86,578,503
2.279.633
4,161,136
6,828,787
2,736,160

les

NEW JERSEY

400,000

Common

3,188,177
2,925,189
4,757,565

255,000
3.049.561
23,836
261,520
271,494
196,913

cent

sa

Atlantic City—
Boardwalk Nat Bank
Bankers Trust Co—
Common

227,312
92,708

3,171,625
1,167,336

10
5

4

200,000

400,000

38,114
407.881

1,572,383
10,715,609

50
100

75

246,600
575,000
249,500

115,037
252,757
114,353

2,163,125
5,048,453
1,503,058

100

35

100
20

73

55

9**

65
10
5

.

Bridgeton—
Brldgeton Nat Bank.

Jfc

Cumberland Nat Bk. Jfc
Farm 8c Mer Nat Bk. Jfc

iprxngfield—
Citizens'Bank.

Southern Missouri Tr

750,000
100.000

71,272
53,083
249,589

14,664,910
7,781,324

20
130
32

No
re

100

19

50

165

105

ilOO

98

50

100

100

50"

Oommerc'l

& Savs Bank
*
South Side Nat Bk—

300
1135

100

70

Manufacturers Bank
& T Co

100
100

First National Bank.

30*4

......

Nat

Portsmouth—

125
62

Head

13

45
80
15

100
100

*

Sale price.

a

Retirement price,

100

c

/

June 30,1937.

d Owned by the Transamerica
e

'!■

Corp., San Francisco. Calif.

Member of Northwest Bancorporatlon.

/ Includes reserves.
0

Member First Bank Stock Corp.

h Reserves.

'1

.

7

k Preferred stock and common stock
1
s

Member of the

or

capital debentures outstanding.

Last sale.

t

Guardian

Preferred stock retired.

Detroit

Union

Group Inc., Detroit Mich.

106

BAMS

National Banks
Dec. 31

NEW JERSEY

Capital

Surplus &
Profits

AND

TRUST

COMPANIES
National Banks
Dec. 31

State Institutions
Dec. 31

NEW JERSEY

Gross

Deposits

Par

Bid

Ask

Capital

Surplus &
Profits

State

Institutions
Dec. 31

Gross

Par

Deposits

Oamden—

Per

FlrstOamNatBftTOo d2.192.891
Camden S D & Tr Oo d3,287.500
Merchantville
Nat'l
Bank ft Trust Oo.
224.375
West Jersey Trust Oo
645.500

last Orange—
Ampere Bank ft TrOo

740,957
396,190

102,439
434,269

1,169,552
8.458,849

117,715

200.000

Bar Inv ft Trust Oo:
Common
Preferred A......
Preferred B......

24,825,616 12K
24,411.006 12 X

2,696,533 33 X

10
10

7
4

share.
9

5X

2

4

3X

4X

TrentonBroad St Nat Bank. dl ,000.000
First-Mech Nat Bk. d3.167.000

51^,582

1,500,00ft
Trenton Trust Co... dl .874,000

1,370,892
43,519
72,935
1,198,065
690,861

14,838,418
39,102,549
1,011,287
1,159,890
27,554,058
22.012,661

526,025
464,377
406,907

200.000
200.000 *

Prospect Natl Bank.
Security Nat Bank..
Trenton Banking Oo

3,075,919
2,993,508
1,724,230

65

100
100

25

50

75

30
80

50

3

4

10
50

38

50

Fpfirm ft Mechanics'

National Bank
First Nat Bk ft TrOo
Woodbury Trust Oo.

X
555,021

19,129,040

274.165

4

7il

5
18

,10

20

oodbury—
klV<

45

95.600
495.000

Ask

Bid

Nomi nal
Per share

Nomi nal.

"3X

100.000
200.000
100.000

10

Elisabeth—

■lisabethport BkgOo

d

400.000

158,555

dl ,310,000
d
500.000
dl,020-168
dl,114,345

124,907
45,107
110,045
287,054

7,050,806
15,829.384
3,638,472
4,102,937
12.023,292

20

Nat'l State Bank—
Central Home Tr Oo
Elisabeth Trust Co..
Union County Tr Oo

25,166
346,162

1,517,297
2,180,618

20
10

^

Hoboken—

Colombia Trust Oo.. d
Seaboard Trust Oo..

100.000
500.000

25
50
10
1

10
22

18

15

"V
National Banks
Dec. 31

2X

City—
Bank. 2,225.000 1,170,155
Franklin Nat Bank.. d 400.000
35,064
Hudson Oo Nat Bk—
Common...
1,250,000 I 533,808
Preferred
1,500,000
79,757
100.000
Bergen Trust Oo
Commercial Tr N J.. 3.400,000 4,123,057
N J Title Guar ft Tr. d2.999.996
705,484
North Bergen Tr Oo.
27,823
100.000
Trust Oo of N J—
Common
1.140,000 [2,175,237
Preferred A...... 2.500.000
West Bergen Tr Oo.. r 400.000 a
29,515
...

52,039,877 100
3,474.665 37X

29,753,417 I 25
\ 30
980,233 100
72,783.011
25

8

6H

r30
mm-mm

32

IX

53,422.955

ft

2.834,611

2X
r 5

"4

53,907

2.636,911

50

316,237
334,201
14,906
796,849

7,487,011
7,003,385
1,719,205
9.964,135

25
50
15

27

40

441,697

3,180,103
1,672,861

50

150

160

50

100

200.000
100.000

155,478

150,000

...

Lincoln Nat Bank...
Franklin Wash Tr Oo
Mt Prospect Nat Bk.
Nat Newark ft Essex

58,256
391,674
121,189

600.000
884.000

144.130

n

......

1,465,766
8,814,920

100
25

6,833,123
1,255,047

100
50

..... .

"

343,568
107,903

6,483,441
5.934,564

100
100

400.000
600,000
<500.000

734,148
415,316
527.447

9,644,823
9,828,312
7,696,611

100
100
50

st Co. retur

Binghamton—

Bensonhurst Nat Bk
Oltisens Bk of Bklyn

84
525
15
8

100
25
25

Peoples Nat Bk.....
New BrunswTrOo—
Oommon

871,250
300,000

314,479
361,609
103,218

300,000
471.273

....

25 ""20""
25 b 17

179,278

I

32,199

i

25,837

1,332,820

60,519
117,298
119,024

1,186,346
5,652.357
5,597,146
3,274,687
8,372,107
25,992,810
1,340,250

107,532
354,175
1,930.880
14,614

.

PassaicPassaic N Bk&Tr Oo <22,250,000
People's Bk ft Tr Oo. 1,000.000

1,716,394

20

25

2
5
250
8
17

100

4
7

22

4,378,658
1,346,651
1,342,259
17,217,553
4,042.240

2

N

132,144
59,779
536,235
91,613

25
100
100

re

cent

sa

les

Nat Un Bk of America
Paterson Nat BankCommon
Preferred
Second Nat Bank...

600,000
375.000

926,419

1,500,000
1.000,000

876,299
2,122,232

Faterson Sav Inst

12,613,780 /100
1,215,399
2,335,155

90

100.000
60.000

Oltizens Trust Oo—
Oommon...
600,000
Preferred...
694.000
Hamilton Trust Oo— dl ,325.000
U 8 Trust Oo—
Common.....
600,000
Preferred....
750.000

,

50

308,768

4.278,280 f 50
1 50

100

125

264,366

9,252,551 / 25
\12t2
10
3,748,058

15

17

13,099,564 JlOO
1 50

"47*

54
88

83
100
100 1600

1640

51,017,368

10

2,410,332
7,865,714 90,778,656
8,729,063 160,296,925

10

2,200.000 13,526,994

14X

16K

2,500.000

_

<8.000.000

143,904

10

<32 t

10

8
23 X

7X

7X

Elmira—

Chemung Oan Tr Oo

800.000

1,571,639

1.237.500

714.951

11,630,028
13,221,877

20

lftft
25

25

IthacaFirst National Bank. d

600.000

144,360

650.000

524,921

5,082,072
9,532.404

500.000
990,000
300.000

311,967

12,938,795

200.000
500.000

654,000

155,846
484,386

7,697,000
4,092,999
4,865,816

lftft

400.000

70

8

10

20
<50

200.000

457,491

672,164

350

300
13
-

100

250.000
150.000
150.000

125,464

10
100

550.000

1,959,794
1,246,834
4,076,167
6,469,192

50
85

mrnmmm

*
1

t °!
COI i

1

•

Sale price,

a

N

87,396
455,902
472,936

b Includes
c

t Marine Midland

security

rl2M

e

68

and
Dec. 3 1 '37
tend
scord
Broo klyn w> an be
late

dirt

.196

197,

stock.

Represents capital, surplus and undivided profits.

fund.

reserves.

h Affiliated with the Trust Oo. of New Jersey, Jersey Oity.

< Controlled by Marine Midland

Oorp.

* June 30.1937.

I Last sale.
n

Dec. 31, 1937.

o

Sept. 30,1937.

r

Preferred stock retirement

u

Reserves.

price,

198.

5,938,100 100
10
23
468,279,000
24X
48
n 7,134,900
54
66*3
30 X
1,925.562.000 13.55
32X
150
76,454,000 100 144
25
n 3,081,000
850"
52,237.000 100 "865"
1805
453,660,000 100 1765
100
n26,157,131
n 4,997,700
115
100 "165"
n 7,766,900
50
40
n

Preference stock.

Includes

les

'epr rted net

Corp.

/ Includes preferred stock retirement

cent

100
100

d Oommon and preferred stock capital debentures outstanding.

c"3"

o

re
sa

March 31, 1937.

•

g

357,327

"46"

65

95

12,776,635 J 50
\ 20
50
17,421,565
25
29,778,361

392,975

105

95

"36"

l65"

100
20

Prospect Pk Nat Bk
Common........

.

650.00ft
Amalg Bank of N Y.
25,200
Bk of the Manhat Oo 20,000.000 25.862,263
Bank of Yorktown..
756,900
1.000.000
Chase Nat Bank— 100,270.000 131,390.741
Oomm'l Nat Bk ft Tr 7.000.00ft 8,153,997
Dunbar Nat Bank500.0ftft
381,300
Fifth Ave Bank
500.00ft 3,660,300
First National Bank. 10.000.000 108.207.633
Grace Nat Bk of N.v
1,600,00ft 1,940,390
Merchants Bk of N.Y
400.000
215,400
Nat Bronx Bank.... d 790,000
239.400

100

\ 6C
54,081
61,530

.

New Tork City— Deposits N ew York Ci ty banks are
are
Sur plus and p rofits are of
of Feb. 26, 1938.
for National and Dec. 31,19 37 for Stat e banks, a
of banks and trust companies in New Yo rk City and
found inour'*Rai Iway" Secti on, pages 1 93, 194,195

ir

25
25

486,704

298,000
5,669,948 114,514,936
6,207,131 41,247,957

Kingston Trust Oo..

4

10

308,100
363,157

First NBkof Bondout
Nat'l Ulster Oounty
Bank of Kingston.
Bondout Nat Bank.
State of NY Nat Bk

29,987,467
5,014,630

680,000
625,000
103,700
300.000

!

1200

Kingston-

30

20

10..

50
2,847,100
100
2,597,361
2,764,500 33*«
3,610,800 100
8,019,973 100
50
5,567,400

143,900
108,892
64,100

Union Trust Oo

10f»

20

500.000

Debentures "A"..

r§6"

_Paterson—

. . . . ...

-mmmrnm

»m-mmm

311 937.

The First Nat Bank
Nat Ohautauq Oo Bk

lea

50

7X

8.200.000

Bank of Jamestown:
Oommon.......

re cent

304,626

Plalnfield—
First National Bk...
249.838
Plalnfield Nat Bank.
175.000
100,000
Mid-Olty Trust Oo
Plalnfield Trust Oo.. dl ,150,000
State Trust Oo.....
247.500

Haledon Nat Bank..

......

Jamestown—

100

1,370,043 r 50

!

date Dec.

.Debentures "B"_

19

flO

4,648,825

950.000
550.000

ns

Tompkins Oo Tr Oo. d

"22"

N

110

337,896

Oommon......
100,000
.Preferred.....
42.750
Hamilton Nat Bank
of Weehawken
141,414
Liberty National Bk
100.000
Guttenberg
Merchants TrUnOlty
500.000
Oomw'lth Tr Un Oity
598.500
100,000
Gutt'b'g Bk ft Tr Oo
Weehawken Tr Oo
400,000
Huds Tr Oo Un Oity. al .000.000
Woodcliff Trust Oo..
145.000

First National Bk—
Common........

240
60

31'37

First Nat Bk ft TrOo

11

30
29

27

North ft West Hu dson—
IstNat Bk of Un City d
Nat Bk ofWNY

.

Marine Trust Oo

50

1,848,267

Oommon.......
Debentures.
.

"II"

ox
28X

25

AOft.Oftft
I

Lincoln-E Side N Bk d
200.000
Mfrs ft Trad Tr Oo.
5.000.000

88

10

100

240.000
225,000

!

mm —mm

sa

........

440"

420
230
50

Liberty Bk of Buffalo

15

10
25

10,533,972
6,097,816

200.000

:

Kingsboro Nat Bank
Lafayette Nat Bank.
People's Nat Bank.
Brooklyn Trust Oo:
Kings Oo Trust Oo..

27

10

100

!

Bank

Flatbush Nat

4X

45

■

New Brunswick
Nat'l Bank of N J... d

600

Buffalo-

100
25

8

3.000.000 1,409.908 43,628,143
Banking Oo
National State Bank
500.000 1,691,115 21,869,412
Olinton Trust Oo... d 626. 980/
~
562,311
3,007,317
Columbus Trust Oo.
400,00.0
45,812
1,939,844
Federal Trust Oo...
1.622,500 1,088,588 32,932,277
Fidelity Un Tr Oo— d7,500.000 7,804,034 143,393,689
Merch ft Newark Tr.
2,500.000 1,814,362
17,057,303
Union National Bk.. d 336.300
118,557
3,375,410
United States Tr Oo.
600.000
566,563
3,326,883
West Side Trust Oo. 1.075.000
386,410 10,313,976




100

64,999,703
23,787,511

400.000
700.000

Nat. banks Dec.

10

NewarkBank of Commerce of

Preferred..

—

Auburn—

Nat Bank of Auburn
Auburn Trust Oo..

150

200.000
600.000

Xt. HollyUnion Nat Bk&TrOo
Farmers' Trust Oo..

_

—

100

500.000
595,488

First National Bank.
National Iron Bank.
American Trust Oo..
Monistown Trust Oo

Preferred.

m

Oity National Bank.

4X

230.000

Long Branch Bkg Oo

_Morristown—

w

3,432,626
54,030,034

First National Bank:

3X

24,154,634
1,103.439

Marine Midl'd Tr Oo

hong Branch-

Preferred

1,410,717
5,146.958
2,572,856
418,416

Brooklyn—State B ank A Tru

........

Newark

Nomi nal.
Pet share

250,000
l,5ftft.ftftft
State Bank of Albany d2,900 000
First Trust Oo
d2,980.000
Mech ft Farmers Bk.
Nat Oom Bk ft Tr Oo

8

17
30

institutions
Dec. 31

Albany—

53

48

State

NEW YORK

"3X

-m

-mm

MAECH, 1938]
National Banks
Dec. 31

NEW YORK

Capital

Surplus &
Profits

National Banks
Dec. 31

State Institutions
Dec. 81

Cross

Deposits

Par

Per

N.Y. City (Concl.)

National Oity Bank. 77.500,000 58.564.079 1618270000 12H
NatSafetyBkA Tr Oo si .014.300
600,000 /15,242,300
Penn Exchange Bank
244,400 / 3,122,900
j>529,000
Pnbllo Nat BkATrCo 7.000.000 8.949.941 131,545,000 17 H
Schroder Bkg Corp. 6.000.000 2,261,976 /22,327,664
Sterling Nat B 9c T.. 1.600.000 1,641,100 /27,136,300 "25
Trade Bank of NY..
285,300 / 6,495,400 12H
S418.750

IS*

Trust

co. returns

d ate

Dec.

502,000
572.000
4.158,687

18,052,039
332,200
3,947.134
640,900
1.066,000
2,889,970
2,027,000
181690064
249,375

61,732,194
1,353,100
I,916,277

8,144,000
8,493,000
59,715,259
292,526,346
33,900
76,076,573
221,900
10,773,000
23,627,831
12,059,000
1449807513
2,945,053
519,097,285
17,319,406
38,288,643

"loo

350

10
7
20
30

47

20
50
25
10
20
100

Common

229,300

1.000.000
2.000.000

28.760,935

863,400

385,000

4,046,383

50
10

300.000

33,183

550.000
195,000
200.000

19,683
127,093
7,998
44,128
86,815

800,000

241,592
126,181

997,678

350,000

498,571

300,000

400.000
400,000

10

2.832,968 1214

3

7

5,496,981
3,036,875

15

10

15

3.406,220
1,722,818

8

1,882,313

166

7,573,974

100

17

22

4,676,693 f 25
1 25
20
14.201,127

21

26

»*>< COi

48

5,574,380

25

20

25

871,864

6,983,339

10

30

35

49,891

8,606,953

20
20

10

9

4

4

"l3"
"IB"

23"

in Yonkers.......
Yonkers Nat Bank
A Trust Co-

Common

220

....

Preferred....

H

245""

100

1354

1&0

!205

6

93

25
25

200

17,886,691 J 20

100

""M"* NORTH CAROLINA ygSV*Nomi nal.
Per share

Asheville—

First Nat Bk A Tr..

e

300.000

112,368

2,769,686

«

450,000
500.000
300.000
1.200.000

391,680
475,436
532,484
1,887,899

4,862,713
11,113,036
6,552,059
53,458,724

50
100

150.000
500.000
200.000
100.000
214,000

46,440
1,095,057
145,805
111,000
a
56,026

1,469,177
11,612,269
1,827,166
1,950,647
1,224,991

128

20

100

Charlotte—

OH

754

100

5,963,300
10,442,100
85.482,588

80

90

1515

100 1465

Charlotte Nat Bank.
Commercial Nat Bk.
Union Nat Bank....
Amerlean Trust Co..
Durham—
Oitisens* Nat Bank.

Fidelity Bank
Depositors Natl Bk.

50

2,707,300

366.100

Home Savings Bank
Mech A Farmers Bk-

100
100

25
20

70
195
200

198

270

275"
80
25

75

18

25

25

Greensboro—

.929,458

...

Capital notes.....

1.000.000

Jl,322,946

20

16,642,972

44

20

71,900,203

30

50

2.800.000
2.500.000

324,217
600.000
Capital notes
1.200.000
Genesee Vail Tr Co.. s2.550.000
590,607
Boch Trust 9c SDOo 1.000.000 3,060.000
Security Trust Oo—
Common........
300.000 12,393.279
Capital notes.....
200.000
Union Trust Co:
Common....
3.000.000

10H

33
47

15,533,690
37,558,858

"26

31.808.655

100 1100

20

45.413,759

Guilford Nat Bank—
Common........
Preferred.
Security Nat Bank—

150.000

196,283

3,738,014

800,000

333,933

11,630,067

10
10
10

N

o

re

cent

762.650

678,514

19,427,072

25

sa

les

180,000
300.000

116,584
641,637

2,679,068
7,179,676

25

,

50.000

Raleigh—

......

"14"
98

90

First Citizens BkATr

Wilmington People's Sav Bk A Tr
Wllm 8av A Tr Co..

1

1

1

<30

C

882,282

400,000 1
396,000
ioo.ooo

...

200.000
253.590
300.000
750.000

........

Schenectady Tr Oo

410,317
526,072
1,3222296

8.487,279
8,111,539
16.259,534

1.200.000

Preferred
Union National Bank
Citizens Trust Oo—

223,979

400.000

........

6,289,767

Common

{ 10
I

10

(710

100

Preferred
Wachovia Bk ATr..

20,255,903 {100

275

250

<7160

1160
154,174

Winston-Salem—
First National Bank-

Schenectady—

10

Wilson—
Branch Bkg A Tr Oo
Common
Preferred
Nat Bk of Wilson...

Mohawk Nat Bank—
Common

50
50

share.

20
100

4254
5154

8.373,670
800.000

Rochester—
Lincoln-Allia BkATr
Common,..
4% Oon v.Preferred
Central Trust Oo—

"22"

2,030,000

200.000
150,000
680.000

Common
Preferred
County Trust Oo...
Yonkers—
Central Nat Bank...
First National Bank

145
515

50 >4

034,000

prices

Peoples N B A T Oo:

60
15

,

S
1,571,036
2,378,043

176 250

tarrytown N BATrOo
White Plains'—
Oitisens Bank
s

4454

1254

Per

210,555
174,194

Ask

Bid
Nom.

550.000

s

....

55
12

Par

100.000
600.000

Rye Trust Oo

42 H

Cross

Deposits

170,000 \
30.000

Bk A Tr Oo
Mutual Trust Oo.
Rye—Rue Nat Bk...

145129357 610.292.530 I 20

S

Jamaica. L. I.—
Jamaica Nat Bank..

10
25
10
100
100
100

Common......
Preferred.
Westches Co Nat
Common.......
Preferred......
Pleasantville—
Mt Pleas Bk&TrOo
Port Chester—1st N.

358
49
7H
97

6

Dec. 31

Peekskill—
Peekskill N BATOo

102

94

Surplus &
Profits

Westchester Co. (<Concl.)Ossining—1st Nat Bk
9c Trust Oo.
200.000
Ossining Trust Oo. s 350,000

34"

Common........ 10.000.000 II,265.171

*

IF* if*

25

Convertible pref
9.421.020
Marine Midi Tr Co.. 6.000.000 9,020,975 104,788,878
New York Trust Oo 12.500.000 27.798,656 324,291,006
Pan American Tr Oo
181,000
4,162,000
600.000
Savings Banks Tr Oo 2.500,000 4,752 200 99,441,300
Title Guar 9c Tr Oo—

Debenture notes..
Trust Oo of Nor Am.
Underwriters Tr Oo.
U S Trust Oo of N Y

12

3054

96

...

_

10

29H

100
100
50

Oity Bank Farmers'
10.000.000 14,120,759 73,396,510
_Trust Oo

..

ilH it*

31.1937

Bk of Athens Tr Oo.
600.000
144,400
3,477,700
Banca Com It Tr Oo 2.000.000
834.631 11,657,584
Banco di Nap Tr Oo.
612,800 16,022,600
1.000.000
B'kof Montreal Tr Oo 1,000.000
605,600
223,200
Bank of N Y & TrOo 6,000.000 13,372,665 177,683,179
Bankers Trust Oo
25.000.000 76.932,372 819,473,017
Bronx County Tr Oo
257.500 20,116,100
542,500
Cent Han BkATr Oo 21.000.000 70.476.231 831,259,130
Chemical Bk & Tr Oo 20.000.000 54,625.894 506,375.322

Clinton Trust Oo... s 750,000
Colonial Trust Co
1.000.000
Continental BkATr. 4.000.000
Corn Ex Bk & Tr Oo 15.000.000
Corporation Trust Oo
500.000
Empire Trust Oo
3.600.000
Equitable Trust Oo.
500.000
Federation BkATr Oo
825.000
Fulton Trust Co.... 2.000.000
Fiduciary Trust Co.. 1,000.000
Guaranty Trust Co.. 90.000,000
Hellenic Bk 9c Tr Oo. 1,000,000
Irving Trust Oo
50.000.000
Schroder Trust Oo
1.000,000
Lawyers Tr Oo..... 2.000.000
Ufti Trust Co:
Common
32.998.440

share.

State Institutions

NEW YORK

Capital

Ask

Bid

Nomi nal
,

107

TKUST COMPANIES

BANKS AND

25

2,853,629

n

82,833

2,641,872

10
11'

2,287,236

110,000
90,000
e3,970.000

73,434,686

100

I

I§5"

142

100

100

200

Syracuse—
Lincoln Nat B 9c TOo
Merch Nat II 9c T Oo
Common........
Preferred..
First Trust It Dep Oo

834,999

21,355.930

20

31

750.000
180.000

| 420,243

9,470,915

{ 20

15

Common........ d4.691.844

1,318.263

51,560,753

_

.

33

6

(720

.

_

.

NORTH DAKOTA

7

554

Syracuse Trust Co
Common

National Banks
Dec. 31

17

I 20

,

}

Nomi nal.

■

Per

Fargo—
.

1.000.000

.

Capital notes.....

1.400.000

Jl,101,533

29,768,368

I.1.?

1454

1654

Dakota Nat

Bank..

•201.000
50.000

Fargo National Bk..

165,858
117,877

500,000
150.000
250.000

134,659
201,928
70,475

6,129,188
3,162,224

100
N

0

100

re

cent

25

sa

les

First Nat Bk A Tr Oo
Common..

e

Merch Nat BkATrOo

UtienFirst Citizens Bk 9c T
Preferred
Oneida Nat Bk A Tr
Common.
Preferred......

1.000.000
990.000

........

1,551,639
675,826
112,352
59,840

Jl,452,634

600.000 I
198.000

484,179

21,344,654 < 25
25
10.562,777
7,318,913
3,671,846

%

32,207,368

21
8
20

n

Nor A Dakota Tr Oo

Troy—

Manufactur Nat Bk. si .400.000
National City Bank.
600.000
Union Nat Bank... S 634.400
Troy Trust Oo......
S448.500

e

National Banks
Dec. 31

10

Common........

210.000

124.075

Preferred

120.000

Northern N Y Tr Oo
Common........
Capital notes....

5,859.398

360,050

Institutions
Dec. 31

Per

200,000 I
495.000
1.241.645
100,000

N

o

149.058

15,856.446

924,662
88,308

22,009,224
4,120,478

"loo

Goodyear State Bk.
Firestone Pk TrAS B
Common........

les

| <25

1,255,721
572,387

19,587,830
11,072,409

9,785,277
3,280,941
1,726,325

100

cent
les

100

1,218,171

0

re

100

J 603,955

Capital debentures

N

14,798,569

200,000
608,000

e
First National Bank
995,000
Geo. D. Harter Bank fl,000,000

re cent

share.

100

sa

First-Central Tr. Oo.

20

4,061,478 { 35
\ 40
10,685,152

State

Akron—
Dime Savings Bk Oo
Common

sa

600.000
280.000

OHIO

Nomi nal

10,229,017 { 20
i 25

Capital notes..—
165,605

100

<760

Watertown—
500.000

......

30

........

Jefferson Co Nat Bk
Watertown Nat Bk-

a

n

25
9

{254

i

share

100

2,584,720
1,884,312

Canton-

145

100

Wostehester Oo—
Bronxville—

Gramatan Nat Bk 9c
Tr Oo
Bronxville Tr Co...

200.000
350.000

173,268
186,207

3,647,684
4,176,431

20
100

Mt.Vernon—litN_. # 700.000
Fleetwood Bk (The). s 267.500
Mt Vernon Tr Oo. s3.000.000

572,000
116,012
641,460

12,759,000
3,206,155
6,454,566

100
100
v 10

New Rochelle—
Central Nat Bank, s 115.000
First Nat Bank...
300.000
Huguenot Tr Co.. $ 650.000
New Rochelle Tr.. sl.600.000

2,150,685
4,558,617
1,509,649
14,878.620

20

1

272.290
143,743
514,093

20

27
1

3
30
3

23

28

.

s




10
20

19

24

150
140
25

154

175

"254

Cincinnati—
Atlas Nat Bank....
Otnn Bk A Tr Co—
Columbia Bk A S Oo

e
e

400.000
200.000
199,500

171,653
137,627

100

10

270
97

9H

Tr

t Marine Midland Corp.
a June 30.1937.
c On Jan. 30,1938, the Branch Banking A Trust Oo. of Wilson, N. O.,
acquired the assets and assumed the liabilities of the Bank of Fremont
at Fremont, N. O., and on Jan. 31,1938, opened a branch office in the latter
city.
d Capital stock of the First Trust A Deposit Oo. of Syracuse, N. Y..
consists of 348,849 shares of common stock of $6 par; 866,250 shares or

preferred A stock of $3 par, and 52,566 shares of pref. B stock of $9 par a sh.
e Common and preferred stock or debentures outstanding.
/Dec. 31. 1937.
q

Retirement price.
by Marine Midland Corp.
First report.
I Last sale, n Member First Bank Stock Corp.

i Controlled

k

108

banks and

National Banks

Capital
Cincinnati (Con.)

State Institutions
Dec. 31

ohio

Dec. 31

Surplus &
Profits

%
6,000.000

4,978.907

70

Nsrwood-Hyde Park
Bk A Tr Co
d
600.000
Lincoln Nat Bank..
600,000
NorthsldeBkATrOo d 240.400
People's Bk A St Oo d 600.000
Ptot S Bk & Tr Oo.
1,800,000
Second Nat Bank...
1.000,000
So Ohio S Bk A Tr Oo

192,296
1,200,501
160,968
278,806

3,178,388
839,560
602,944
308,392
2,141.554

pennsylvania sum^rum'

Cross

Par

Deposits

Nomi nal.
Per share.

,^5. 149

127

123

100

100
50
100
10
100
100

15,079,199
6,802.533
11,759,604
66,692.050

Allentown—

215
55

'"28"

30
150

135

Surplus &
Profits

1,583,967
2,168,404
1,168,168
883,010

Par

13,379,338
8.563.510
5,556,371

100
25
10

38
23

26

7.160.075

100

110

125

125

150

Altoona—

600,000

13,100,000

......

Oapltal debentures

10

100

80

7
85

115

93,801,680 1100

150.000
295,500

289,043

6,235,192 1100
u00

250,000
263.390
249.300

432,984

4,253,784

253,468

2,849,645

Bank of Erie
200.000
First National Bank dl ,252,500
Lawrence Park N Bk
50.000
Marine Nat Bank... dl,291.000
Nat Bk & Trust Oo..
300,000

138,839
429,889
52,309
192,829
271,505

1,138,067
14,171,996
683,020
8,198,771
3,801,635

300,000
769.950
200,000

362,141

13,180,385 I

50

i

50

59,000

1,445.436

Allison-East End Tr.

„

Western Bk & Tr Oo <12.000.000
Central Trust Oo... 6.000.00Q
Ftfth-Third-Unlon Tr ust Oo—
Oommon
6,000,000

120

396,510

Oapltal Bk A Tr Oo.
Harrlsburg Nat Bank

300,000
300,000
400,000
400,000
400.000

155,514
388,871
811,973
909,504
1,196,524
1,474,438

2,795,641
3,992,671
6,297,231
4,333,617
13,036,101
11,673,124

400,000
600,000
625,000

761,023
986,320
394,408

10,574,888
10,932,740
8,507,378

20
20

Preferred
Altoona Trust Oo—
Oommon.
Preferred

Oentral Trust Oo...

2*660.000

Ask

Bid

Nomi nal.
Per shore.
165
155

First Nat Bank—
Common

125
6

1

Cross

Deposits

$

$
1,000.000
1,000.000
450,000
500.000

Allentown Nat Bank
Merchants Nat'l Bk.

Second, Nat Bank..
Lehigh Vail Trust Oo

100

5.624,118
9,892,977
2,331,445
3,143,879
46,121,838

Capital

Ask

Bid

-

First National Bank.

trust companies

/ 10

10
100

mmm

18

16

115"

165"

Cleveland—
amer Say Bank Oo.
Oentral Nat Bk—
Oommon

180,947

300.000

100

4.805,683

5.000.000 11,561,212 136,915,019
7,920,000
589,731
260.000
1,981,975
d 486,000
164,619
4,432.262
7,600.000 4,268,909 138,236,939
d 190.000
58,496
685,676

Oommon......... 13,800,000 14.150,176 347,218,076
Oapltal notes..... 14.137.600
Union Say A L Oo..
360.229
900.000
2,835,674

100

Preferred........

pier Say A Loan Oo.

Lorain Street Bank
National Oity Bank.
North Amer Bk Oo.
Cleveland Trust Oo

Brie-

200

f 20

....

9

7H

o24

16

100
60

"24" "26"

20

108

98

66*3
15

Security-Peoples TrOommon

100

10
100
100

Preferred
Union Bank (The)— d

a50

50

109
Harrlsburg—

Columbus—
Branson Bk A Tr Oo
260.000
Oity Nat Bk A Tr Oo dl .800.000
Uolumbus Saying Bk d
80.000
Fifth Ave Say Bk Oo c
200.000

67,634
1,534.112
116,173
114,949
2,171,317
176,993
70,437

Huntington Nat Bk. d3,600.000
Market ExchBk Oo.
200.000
Northern Say Bk... d 160.000
Ohio National Bk
c4.000.000
,

3,072,311

2,980,141
28,420,582
1,654,482
2,487,582
55,427,834
3,906,988
1.395.632
70,207,979

100

95

10

H sS

15H

100

•

!

«...

165" 175""

100

200,000
295,000
842.000

........

Preferred
Third N B & Tr Oo_. d
Winters N B & Tr Co
........

Oommon

........

Preferred

.........

177.262

[

562,242

1,500,000
800,000 f

595,433

Dauphin Dep Tr Oo.
Harrlsburg Trust Oo

100

13

80
70

275'

250

70

60

"loo
0

Lancaster—
Oonestoga Nat Bk..

20

Fulton Nat Bank...
Lancaster Oo Nat Bk d
Farmers' BkATr Oo

Dayton—
Merch N B A T CoCommon

Oentral Trust Oo...

10

8
10
12
10
75
25
60
50
100 1420

7,911,876 /100

95

"25

25

15.280.993

■ -

-

404,679

5,886,947

300.000

238,864

1.931.532

3,040,000

7,087,506
326,944
8,832,491

55,437.866
9,758,818

10
50

101,669,121
137,546
3,290,593
5,303,526 82,657,407
67,418
2,860,554
294,432
9,844,800
4,200,980 31.962,930
1,911,857 13,401,330

20

*

300,000

188,180

155
145 H
100
15

10
10
10

Oommon....
Preferred
Northern Bk A TrOo

98

34,237,811 /100
I 60

50

I'lH

102
-

Philadelphia—
Toledo-

Oentral-Penn Nat Bk

City National Bank. dl,100,700

Commerce Guard Bk
Oommon

600,000
400,000 f

......

.

Oapltal debentures

668,458

14,697.878

Nat Bank of Toledo:

Oommon........
200,000
Preferred....
175,000
Spltser-R T A S Bk. d 600.000
Ohio Oltizena Tr Oo. [
600,000
Toledo Trust CJo.._. 6,000,000
_

177,349

.

250,677
718,274

2,708,292

35

| 25

Corn Exch Nat Bank

40

A Trust

Co

4.550.000

Erie National Bank. d 470,000
3,111,000
200,000
Kensington Nat Bk. dl,138,517
Market St Nat Bk..
1,000,000
NatBkofGer ATrOo
400.000
Nat'l Bk of Olney—
First National Bank.
Gimbel Bros Bk A Tr

4,368,065 /100
1125
50
2,397,450
20
12.555.228
50
85,453,460

33

55

37
60

17

19

Oommon

Youngstown—

1,250,000 L: 543,376
Capital notes
2,000,000
413,803
Mahoning Nat Bank dl ,425,000
Union Nat Bank..
1:250,000 1,924,295

14,165.633 / 50
25

10.433.229
18,470,437

6,025,513

ru¬

100

North Broad Natl Bk
Northeast Nat Bank

25

ns

16 X
145

Oity Tr & Say Bk—

Common........
Capital notes..

750,000 L

152,739

1,243,700

67,078

105,000 1
95,000
250,000
200.000

...

Pro farrarl

Dollar Say & Tr CoCommon

60
100

100
50

100
10

1.852,539 f
L

176,686
160,946

2,087,596
3,258,849

10

10

| 123,723

3,300.000

4,637,156

55,957

350
47

OH

3d""
360
48
8

alO

50

64

67

15

17
o25

| 714,793

200,000
100,000
405,336

"~27~"

41*
291

"""S H

...

Preferred....
Tioga Nat Bk A TrOo d

iV*

37
287

n*

10

Northw'n Nat Bk—
Oommon...
275,000 \ 132,782
3,281,748 / 25
Preferred
225,000 I
I 25
Philadelphia Nat Bk 14,000,000 24,378,827 370,312,761
20
Roosevelt Bank
d
39,526
270.000 i
2,134,000
50
Second Nat Bank—
Common
500.000
8,054,395 I 10
Preferred
650,000
t 10
South Phila Nat BkOommon

30 H
18

3,241,273 I 20
I 30
2,629,990
25

104 H 105 h
14
9

10

9H

11

6

8

153

159

Tradesmen'sNational
National Banks
Dec. 31

oklahoma

Bank A Trust Co.

ate Institutions
Dec. 31

Nomi nal.
Per share.

Guthrie—

100,000
75,000

.

e

144,162
68,246

100

2,262,857
1.478,938

100

McAlesterr

100.000

V.

100.000

204,000
242,236

25

2,656,000
2,292,826

N o

100

re cent

Muskogee—

sa

k

100,000
300,000

.

161,413
358,193
371,660

400.000

a

I

240,321
2,895,976
234,168
781,120

200,000

o
5.000.000
Fidelity Nat Bank.. d 450.000
Liberty Nat Bank.. dl,200.000
.

.

Oklahoma Nat Bank.
Tradesmen's Na
c
Stock Yards Bar

100,000
500.000
40,000

40,455
355,738

2,000,000

1,731,904

-

„

19,130

les

100
100
100

2,611,347
3,719,287
5,116.286

_

125,060 I

.

.

Oommon..
Preferred—

10^

150

185

26

32

50
175

75
225
125

100

100

100
100

100

100

125

20

25

27

5,112.324 f 20

20

....

Common
Preferred

....

.

c

49.121,896

d

1

350.000

63,591

2,250,000
1,500,000
25,000

p,559,495
12,035

4.824.926

Penn Oo for Insur oh
Lives A Grant Ann
Tr A Safe Dep Oo.

160

Penn W'h'g A S D Oo
Provident Trust
Real Est Tr Oo.....

20.
20

3.750,000 15,493,992
7.425,000
1,000.000 1,250,071
Mitten Bk A Tr Oo
698,334
1.500,000
Ninth Bank A Tr Oo d2,464,810
•732,334
Northern Trust Co..
500,000 2,783,570
Nor Phila Trust Oo.
500,000
1,278,788

Liberty Title A Tr Oo

Security Bk A Tr Oo.
Sonsitaly Bk A Tr Oo

25
59,623.011 f 10
1 20.
336,789 100 "no"

100
10
10
10
10

n
lio

{10

•

i

i

*

t

i

i

State Institutions

7,327,545

3,927,643 100,629,579
491,127
4,216,964

100

210

100

100

4,463.913 116,072,841

20

30

share

100

317,204

Allegheny Valley Bk.
Arsenal Bank
Bank of Ohio Valley.
Braddock Nat Bank.

....




76
9

3
4

3M

192
52
19
78
10
4
alO
8
4

H

37

8,400,000 14,548,595 224,403,782
750,000
1,134,728
928,035
3,200,000 14,164,080 46,492,780
1,500,000 2,445,000 11,253,850
300,000
242,896
3,305,683
125,000
10,232
809,942

10
100
100
50

30 H
31M
57
42 f"
416
56
54

32
29

10H

10

8

50

34,.
11H

605
102

9

215,271
254,793
105,572
851,342

200,000
100,000
200,000
500.000

3,127,303
1,439,402
702,327
11,720,657

40

50

*10

100

100

Sale price.
Preferred

c

stock

retirement

price.

Member of the BancOhio Corp.

d Oommon and preferred stock or debentures
outstanding.
e

Portland—
First National Bank- 53,000,000
Portland Tr A Say Bk
300.000
United States Nat'l
Bank
4.500.000

18

11
24
318

585
97

$d|000|000«
Per

200,006

50

mtmmmrn

as of Feb. 7. 1938, the First National Bank of Portland,
Portland, Ore., Increased its common capital stock from $2,500,000 to

Nomi nal
First National Bank

310
182

~~mmm

50
60
10
100
50

6 Effective

Dec. 31

Eugene-

15
95
9H
19

Pittsburgh—

30
i

*

oregon

20
50
100

"25" "25"

a

National Banks
Dec. 31

31,267.023

100

8,586,777
6,015,036
20,029,517
12,570,730
7,165,232

.

100
125

175,000

.

.

250,597

j 1,542,110

Land Title Bk A TOo

Tulsa—

First Nat Bk del.
)
Fourth Nat Bank—
Common..

90,210
Wyoming Bk A Tr.. d 300,000
Banca Com It Tr Oo.
342,360
2,165 ,950
1,000,000
Broad Street Trust..
400.000
427,823
1,762 ,361
Ohestnut Hill T A Tr
96,524
250,000
1,506 ,970
Fidellty-Phila Tr Oo 6.700.000 17,100,525 104,145 ,512
Finance Oo of Pa
641 ,114
2,320.000 e7,315,742
Frankford Trust Oo.
500,000
1,325,573 10,078 ,912
Germantown Tr Oo.
1,400,000 2,550,040 21,223 ,466
Girard Trust Oo
4,000,000 11,370,539 110,644 ,160
Industrial Trust Oo. dl.132,250
1,188,697
11,559 ,895
Integrity Trust Oo—
Oommon
995,973
1st preferred.....
2,000,000
36,409.239
2d preferred
3,000.000
...

«10

5,902,864
56,410,383
7,333,702
19,972,572
1,510,950
16,063,583
1,028,907

41,080 ,613
2,719 ,534

June 30,1937.

h Preferred stock retired.

235
108

ZIH

(March 31, 1937.
I Last sale.
s

New stock.

x

Ex-dividend.

V

Ex-rights.

March, 1938]

banks

trust companies

and

I

w" pennsylvania
Surplus &
Profits

Capital

''

Capital

Par

Deposits

Nomi nal.

(Concluded.)
Dollar Savings Bank
Farmers Deposit Nat

S
5,515,004
6.000.000 10,359,930
6.000.000 6,436,703

First National Bank.
First Nat Bank & Tr

_

200

100

185

195

Miners A Merch Bk.

0

Pittsburgh..

400,000
713,428
224,285
964,166
178,476
412,025

1,290,778 ""15
50
2,351,073

125,227
433,679

1,737.608
4,461,395

5,512,366
9,768,286
3,411,897

100

190

100
50

100

Common

...

Preferred.

10

J 615,657
142,848
195,145

4,558,609
1,501,651

527,536
486,089

5,955,755
4,146,386

$

16,692,893
5,515,001
445,306

Pitt

National Bank.
Sheraden Bank
Union National Bank
Union Savings Bank.
Western sad Bank
Co.

Colonial Trust Co
Com* wealth Trust Co
Dormont 8 A t Co.

Farmers Deposit Tr.
Fidelity Trust Co
Manchester
Savings

10
100
100

37,851,764 J100
1100

share

100

100

0

15**

16**

95

Columbia—

892,429

200,000 I
228,836
4,091,414
170,000
7.500.000 34,027,398 276,589,511

1

1

°!

-----

First Nat Bk of Col.
Lower Main St Bank

50

100

20
125

f 50

First National Bank.

250.000
200.000

,

100

10**

240

250

25**

2,757,775 [ 20

------

26**

Spartanburg—

e50

Com'l Nat Bank—
Common

100

10

10

65

60

50

1,757.246 f 25
1 25
40
1,824,415
50
11,372,075

10
25

Greenville—

50

160,000
40.000

......

141,625 1
68,642
108,375
200,000
151,900
700,000
604,110
50,000
153,057
2.000.000 4,468,816
1.000.000 3,558,976
i
497,500
413,521
700,000
820.009
i3,832,500 1,708,728
1.600.000 1,915.171
125.000
119,850
1,320,000 1,203,147
2.000.000 9,013,603

4

-----

Peoples Nat Bank

.....

Mellon Nat Bank...
Nat Bank of America
Common
Preferred
Nor Side
Deposit Bk

Ask

Per

$
502,070
204,607
40,315

200.000
35,000

Citizens A Sou Bank
Carolina Sav Bank..

at

Iron a Glass Dol Sav
Keystone Nat bk—

Allegheny Trust

185"*"

%
70O.000
200,000
50,000

1,100,000
1,200,000

100

100,000
172,700

Bk (The)

Common
Preferred

Charleston—

share.

Per
Id)

300,000
500.000
635,600
200,000
200,000
200.000

Bank

Hill Top Bank
Homewood Bank

$

53,893,644
79,155,522
91.225,366

Bid

Nomi nal

South Oaro Nat Bk—

Co of East Pitts._

Forbes National Bk_
Fourteenth St Bank.

Freehold

Gross

Surplus &
Profits

'

Ask

Bid

Par

Pittsburgh

Hazelwood

"'ty SOUTH CAROLINA

Gross

Deposits

109

Preferred.

J

«25

68,849

i

25

20

65

55

63

183"

188'

50

1,312,681
31,922.311
36,093,868
3,939,110
6,119,464
30,730,472
19,991,658
2,485,405
201,905

100

21,711.446

25

2,586,732

50

40

6.000.000 10,997,023 92,266,510
i
875,000
410,878
6,064,668
150.000
253.351
2.051,363
125.000
371,037
1,921,002
1.500.000 92,753.188 235,449.328
500,000 1,277,244
6,328.639
200.000
178,392
1,945.264
i
175.000
103,501
2.1X1,017

20

28

31

5

5

8

100
100

85

*

Bank A Trust Co.

250.000

376,624

100
100

50

[nfa south dakota^vrr0"

'"id"

100
100

80
90

100
50

87

90
95

92

1s5"
'"85"

89

Nomi nal

Sioux Falls—
First Nat'l Bk a Tr.
Nat Bk of So Dak

1

Northw'tSecurNatBk

i

Per

385.000

117,460
230,466
178,197
63,157

100,000

Union Savings Bank.

795.000

150.000

100
4,731,258
3,121,554 pi66
8,848,084 /100
1,163,643 100

share.

n

o

re

cent

sa

les

People's-Pittsburgh
Tr

Co

__i

Potter Title A

tr$3o

Provident Trust Co.
South

Hills Trust Co
Union Trust Co

Washington Tr Co..
West End Bank

William Ponn Tr Co.
Workl ngman's Savgs
Bank A Trust Co.

100

6400"

100
50

100
7
37

50

60

10

National Banks
Dec. 31

6800

1,108,896

1.000,000
1.800.000
800.000
1.170.300

9,811,216

621,517

75

Amer Tr a

625.000

Scranton Nat bk—
Common

200,000
100,000
400.000

...

South Side Bk A Tr.
Third Nat bat Co-

Common.....
Preferred
West Side Bank
_

186,888
5,051,487
149,555
348.655
39,555

J 153,580

10

1,148,436

25

25

28

18

55

50

16
50

70
28

60
75

2,440.935

a

50

10

150,000
189.550

Preferred

12J*
18**

—

32

20

40

50
9

4.838,997

25

752.121

15.614,807

25

48

423,398

2,873,176

25

1,841,295

25

1

ICO 10

"65""
50

25

J 152,478

65" "70"
3

3**

25

First National Bank

w-b Dep a Sav Bk.

Wyoming Nat Bank.

750,000
200,000
2.500,000
1.000,000
500.000
500.000

1,386,139
154,007
5,391,540
3,031,697
730,980

9,495,373
1,219,658
24,068.166
14,719,057
3,878,456
8,141.902

250,000
250,000
225.000

211,064
352,010
513,349

2,475,953
4,515.005
5,422,665

605,839

190

200

371,543

150

155

100
50
50
100

1,271,682

9,656,621 floo
1100
40,261,697 100

50,000
200,000

43,993
110,620
1,207,123
468.419

25,315,972
11,301,023

325.000

242

247

49

50
109
430

105

420

25

28

50

101

140" i45"

Knoxville—
Bank of Knoxville
Oomm'l Bk a Tr Oo.

<

HamiltonNationalBk <
950,000
Park National Bank.
1.000,000

1,524,213 100
2,549,153 6.25

130

135

9

10

220

230

100
100

300

310

220

230

100

220

230

100
100

Memphis—
First National Bank.
Nat Bk of Commerce
State Savings Bank.
Union Planters' Nat'l

1.000.000
1,000.000

1,731,997
2,009,933
77,094

41,278,995

60.000

Bank a Trust Co.

3.500.000

4,550,994

63,112.696

3,000.000
3,500.000
300.000
1.000.000

11,316,366

53,081,645

574,062
925,831

5.711,333
19,959,928

993,542

28,214,347
1,389,000

10

24**

25**

10

13**

14**

10

18

20

9,249,008 [100
1100
25,687,003 100

(6)
105
225

240

Nashville—
American Nat Bank
Common
Preferred

.....

Broadway Nat Bank
Commerce-Union Bk
Nashville Trust co—
Common

Wilkes-Barre—Hanover National Bk
Miners Nat Bank
Beoona Nat Bank...

100

——

20**

15

75

Penna Trust co—

Common........

10,125.600

<2,800,000

Hamilton Nat Bank.

6

743,580

1.000,000 I
150,000
250.000

984,182

325,000 i

Preferred

10

62,630,015
1,113,483
2,257,000
966,222

362,447

2,533,199

200.000
4.050,000
200.000
North Scrant Bk A tr
300.000
Providence Bank
t
300.000

_

Bkg Oo_.

Commercial Nat Bk:

6,924,840
18,290,046
3,897,714
16,877,733

1,162.830

Soranton—
ie. Scranton State Bk
First National Bank.
Green Ridge Bank

Preferred

Nomi nal.
Per share•

Chattanooga—
400.000

Common

Beading Trust Co..

State Institutions
Dec. 31

'id"

Beading—
Union National Bank
Berks Co Trust Co..
City Bank A Tr Co..

tennessee

1100

500.000

r

Preferred

i

1.133.300

Third National Bank

1,203,063

1,000,000

25

110

30
103

Willi&msDort—
First National Bank
Williams port n Bk._
West Branch Bk a Tr

10

National Banks
Dec. 31

20

State Institutions
Dec. 31

TEXAS

10

Tork—

Nomi nal

Austin—

Cent Nat Bk a Tr Co
Common

250,000 1
194,091
190,000
322.734
150,000
26,944
100,000
600,000
579.597
194.421
125,000
506.004
225,000
878,610
300,000
532,617
500,000
500.000
770,167
750.000 1,227,092

Preferred...
Drov a Mech n Bk.
Eastern Nat Bank..
First National Bank.
Industrial Nat Bank.
Western Nat Bank..
York Co Nat Bank..
York n Bk a Tr Co.
Guardian Trust Co..
York Trust Co

7
2,504.104 f 10
l
5
10 "24"
3,165.196
669,526

Per

American Nat Bank.
Austin Nat Bank...

"25"

100

7,779,629

10

"l8**

1,594,715
4,272,260
5,711.911
4,782,918
4,108,833

10

100
20
25
25

16 **
17**
193
195
55
57

7,302,952

10

39
62

llH

18**

19 h

300.000
579,750

400,000
489,799

12,427,706
15,752,319

3.122,328

/100

Beaumont—
American Nat Bank.
First National Bank.
Secur St Bk A Trust <

400.000
400,000
200,000

490,851
778,643
72,735

<

100

Capital Nat Bank—

Capital stock.

1100

10,892,928
13,301,561
2,418,202

100
100

5.565,922 102,624,711
51,726
1,347,156

20
100

elOO

100

N

o

rec ent
sa

les

Dallas—
First National Bank.
Hillcrest State Bank.

8,000,000
25,000

45 **

46**

Liberty State Bank:

i

gjjjjg

Common

rhode island

Newport—
Common.
Preferred.

Newport Trust Co..

Preferred..

Nomi
Per

400.000
210.000
120,000
300,000

} 276,656

6,025,755

55,424

531.258

60

494,604

2,623,093

100

500,000

1,049,045

4.411.025

25

85,804

1,755,950

(10

228,595

1,392,779

/ 25

RepubllcNat Bank..
Nat Bank of Comm.
Dallas Nat Bank...

35

I 25

Oak Cliff Bk A Tr Co:
Common

-----

150"

Capital notes

Providence—
Blackstone Can Nat.
Columbus Nat Bank
Common

150.000 I
82,700 J

123,106

1,100,000 L 921,040
900.000
3,820,000
150,000
351,849
1.000.000
890,021

4,000,000

100,000
62,100

4,739,981

75

85

10

2,169,629

54,079

2,285,620

12

Common

.....

Capital notes.....
105.000
95,000
120,000

}

110

50

,

75.000

j100
j 20

22

"75*"
140
290

180
30

28

80"
150
310
200
35

cJune 30,




| 305,993

1100

29

1937.

d A mutual savings bank.
e

Preferred stock retirement price.

/ Member of the Northwest Bancorporation.

2250"" 2465"
140

1100

Affiliated with the Citizens A Southern Nat. Bank of Atlanta, Ga
< Common and preferred stock outstanding.
q

p

Affiliate of the First Bank Stock Corporation

x

Ex-dividend.

}

175

38**
46

215

48

100

Sale price.

I Last sale.

248.750'

3,017,810

45
210
47

t Citizens A Southern Bank of Savannah, Ga., system.
b Member of First Security Corp.

k Stock all owned by the Rhode Island Hospital Trust Co.

200,000

37**

elO

Woonsoeket—

Preferred

20
100
20

"lid""
*

350,000
5,044,675 / 25
150.000
I 25
850,000
790,004
8,438,304
50
450,000
934.745
3,428,582
50
1,500.000 2,552,833
12,111.656 100
4,000,000 9,695,557 110,911,893
100
125.000
181,122
1,519,926
25
2,500.000 2,892.225 51,623,059 *100
5,000,000 12,094,998 42,143,160 1000
1.000.000 1,378,405 22,967.490 100

125,000

150

1100
69,130,139
6,289,404
19,727,188

77,736

i

J100

27.802,175 I 20

Texas Bank A Tr Co:

J 215,274

Onion Trust Co...

...

Capital notes
Mercantile Nat Bk—
Common

>

share.

100

115,000
85.000

131,781

Preferred stock...

8

30

BAMS

110
National Banks

COMPANIES
National Banks
Dec.

Deposits

Par

Surplus &
Profits

Capital

Ask

Bid

State Institutions
Dec. 31

VIRGINIA

31

Gross

Surplus &
Profits

Capital

TRUST

State Institutions
Dec. 31

TEXAS

Dec. 31

AND

Gross

Bid

Par

Deposits

Nomi nal.

El Paso—

$

3
300,000
300,000

Bank.
State National Bank
Fort Worth—■
Continental Nat Bk.
First National Bank
Ft Worth Nat Bank

l

Per

399.297
1,057.263

750,000

.

_

El Paso Nat

394,045
812,931

10,013,691
21,661,070

60
20

72

69

I

Lynchburg—

1,000.000

511,316

7,793,047

504,419
337,868

4,278.444
3,840,827

60

131,745

252,237
634,750
3,209,473

Galveston—

43.703,066 I 20
1 20
423,681
10
1,223,630 100

353,078
353,374

200,000
200,000

Hutchings-Sealy

14,112,198
4,627,851

750.000
500.000

437.025

n

a

300.000

114,528

500,000
100.000

Houston—
Oltlsens State Bank.

41

39

—

loo"

51,852

3,117,230

441.786
818,146
995,106
70.277

3,532,117
32,173,517
13,293,330
1,401,715

200,000
276.000

185,851
74,197

2,251,592
2,499,994

500.000

375,586
79,746
261,833

6,081,489
1,061,552
2,495,824

800,913
893.774
65,486
3,493.579
100,000

9,866,599
18,843,185
717,962
60,687.146
2,140,000

1.250.000
1.800,000

11,098.632

44,302,107

200.000

391,054
144,952
688,837

3,512,325

25

3,375,223
5,822.372

50

82

323,721
1,489,407

6,038,251
25,423,740
4,213,433

50
106

65.
215.

100

90

Bank

a

100

N[o

J 185,945

4,837,125

3.000.000

...

632.500 t

49.558,110 (100

1,000,000

First A Mer Nat Bk.

3.000.000
200.000

80.000 k

100

225"

245""

Mech A Mer Bank.

335

355

State-Planters
A Trust Co:

100

130
195

216"

41,694,710
326,993
6,691,025
5,335,151

100

280

300

Sav Bank A Tr Co..

30
250

117

118

25

33

34*

100

10

10

7H

10

10

N

50

100

re

cent

100

sa

les

155"

200,000
Southern Bk A Tr Co
Virginia Trust Co.. ol,100.000

.

100

140"

100

90

5.140,708 /100
1100

95

105

20

36

38

20
10

25*

27*

20

47" "55"

100

Bank

Common

19

17

12«i

[100

'75"

15

110

101,158

,

100,000
200,000

533,811
313,879

5,342,408
3,981,829

500.000

Bank.

600.000

Central National Bk.
Consol Bk A Tr Co..

100
100

Port Arthur-

Merchants Nat'l Bk.

Bank of Comm A Tr

110

26,750,291
37.499,690
9,157,312
27,433,524

100

240

Roanoke—

335.000
315.000

Common—.—

4165"
100

Preferred

1.500,000
200.000

25

50

Riohmond—

160

2,064,046
262,507
762,136
433,113

600.000
Guardian Trust Co..
Houston Land A Tr. al.500,000
Ban Jacinto Nat Bk-

Preferred..—-

250.000

449,000

a

14,664,350 J100

1125

1.000.000

Fidelity Trust Co—

Portsmouth—
American Nat Bank.
Oltlsens Trust Co..
Merch A Farmers Bk

1,517,292
2,600,287
281,699
1,250,000

1.000,000
Second Nat'l Bank..
Nat Bank of Comm. a3.000.000
al,000.000
State National Bank
Union National Bank
South
Texas
Com¬
mercial Nat Bank.

30

1100

330,875

367,500

-—

27

UOO

|1,555,614

2,125.000

Preferred..
Houston Nat Bk— o

100

20

12,136,985 I

50
100

PetersburgCitizens Nat Bank..

100

..

cent

sales

100
50

7H

I 9
I 353 X

5

100

Norfolk—

Petersb Sav & AmTr

First Nat BankCommon..

100

8,888,198
9,528,234

700,535

City National Bank.
Common
Preferred

I

100.000

300,000

349,000
250,000
2.500.000
Seaboard Citz N Bk
1,500,000
162,100
Southern Savings Bk a

41

Lynchburg Tr Ac S B.

Mer Ac Mec Sav Bk_.

39

re

National Bank...

/138

5

81,198
83,125
455.106

Loan

Nat Bk of Commerce

U S National Bank..

I 132 *

100

Merch At Planters Bk

1,500,000 il.790.355
900,000
3.947
15,420
87,977
a
235.000
Union Bank & Tr Co
—

City National Bank.
First National Bank.

I 146

100

600,000
500.000

First National Bank.
Lynchburg Nat Bank
A Trust Co
People's Nat Bank..
Depositors Industrial

Com'l Tr & Savs Bk:

1,500,000

Common

First National

100

14,826,303
35.342,732

Preferred
----Fraternal Bk A Tr Co

Common...
Preferred

share.

100

Ask

Nomi nal.
Per share*

j 798,442

16,895,8^8

Oolonial-Amer Nat B
First Nat Exch Bank

Mountain Trust Bk.

500,000
1.000.000
800.000

337,511

625

100
100

Ban AntonioAlamo National Bk:
Common.
....

930.000

Preferred
Bexar Co Nat BankCommon

130.456
200,000 I
100,000
1.200,000 1 222,469

........

Preferred..-----Frost National Bank

Groos Nat Bank-

350.000 I
125,000
Preferred
Nat Bank of Comm. al .000.000
National Bank ofFort
100.000
Sam Houston
Ban Antonio Nat Bk a 383,900
South Texas Nat Bk-

2,699,591 f

50

I 50
34,985,202

100

5,320,742 (100

98,216

Common........

J100

135

120

UOO

1100
789,277

21,209,456

100

50

40

Common..

1.547,482
4,387,953

100
100

dlOO

Waco—
Oltlsens' Nat Bank..
First National Bank.
National City Bank

288,624

3,787,221

Per
.

145
50

'175"

Peoples N B of Wash-

250

115

8,000,000
2,500,000
2.600,000
1.350.000

297,266
454,853
69,529

7,930,321
9,877.768

100
50
100

175

160
68

200,000

University Nat Bank
Seattle Tr A Savs Bk

100

250.000
925.000
100.000

400.000

550,000

4,739,596 138,741.009
3.534,425 71,433,460
1,137,296 22,139.492
770.043 24,337,330
2,620,596
103,649
5,819,520
123,369
7.567,738
590,124

Spokane—

811,859

75

100

497,450
550,000

530,395

450,000

5,487,675

97,970

Common

Preferred

a

Dec. 31

Nomi nal.

Seattle—

Seattle—First Nat Bk
Nat Bk of Commerce
Pacific Nat Bank.
Sumitomo B of Seattle

300,000

......

Institutions

State

WASHINGTON

110

95

'

50,277
100,073

National Banks
Dec. 31

d50
230

*266"

First Nat Bk In Spok
Old N BAUnTOo.

a

200.000

581,567

al ,425.000
a
780,000

20
25
190
20
100

30*

"141""

share-

31*

30

144
32

20

21

"25"

100

58

r

62

100

20,288,065 1100
UOO
100
7,724,322

1,042,666
214,061

Washington Trust Co

:

&

o

re

cent

sa

les

Tacoma—
Nat Bank of Wash.

Paget Sound Nat Bk

I
I

National Banks

180

165
17

19

State Institutions
Dec 31

UTAH

Dec 31

100
25

18,013,448
6,190,020

Nomi nal.

Per

Ogden—

89,689
1,200,264

6,274.562
20,222,138

13,453,154

100
100

Salt Lake City—

□ontl Nat BtATr Op
First National Bank
Utah State Nat Bank

a
a
a

Walker Bk A Tr Co:
Common

300.000

60

646.324

165

100
100

180

200

185

200

100

110

125

90

95

27,556,989

Dec. 31

a

VERMONT

310,000 h
200.000
204.500

474,518
230,700
153.652

Burlington—
a

668,505
450,365
80,927
235,114

491.500
600.000
150.000

al .085.961

Montpelier—
>a

Common.

a

407,500

u

150.000 1
180,000 '
100,000
614,951

Preferred

\ 40

3,504,814
2,737,242
1,921,880

100
100

0

re

cent

100
100

sa

lea

Say

a

share.

Half Dollar Trust A
Sav Bank

Nat Bank of W Va_.
Nat Exchange Bank. 1
So Side Bk A Tr Co.

100

Security Trust Co..
Wheeling Dollar Savi
A Trust Co

6,166,532
5,844,441

100
100

N

40

re

100

sa

1,156,955

100

4,982,331

a

100

449,606
600,000
500.000
100.000
300.000

71,840

25

583,000
518,080
147,106
726.035

1,554,810
4,813,379
4,735,016
l,108,8b6
4,892,252

1,800,000

2,430,561

18,347.681

208,356

2,466,039

2033,75
88,342
224,281

20

•

Uoo

1,903,084
1.322,765

30

25

Sale

a

Common and preferred

272.915
131,878

100

Member of the Marine

stock or debentures

j 121,055
153,865

165"""

80
95
275

305"""

100

140

150

outstanding.

Bancorporatlon.

2,841,560
1,027,284

10
e

Member of the Northwest

Bancorporatlon.

100

N
re

100,000
125,000
a256.500

"75"

100
100
100

price.

b Member of First Security Corp.

d Preferred stock retirement price.

150,000
100,000

85

f Stock of South Texas National Bank of San Antonio, Texas, all held
by Central Securities Co. with exception of directors' qualifying shares.

2.698,870 flOO

Rutland—
-

100

75

les

100

81,332
474,972

cent

3,347,914

150,000

o

841,833

100

Mutual

150

115

N

21,114,346
2,862,664
s
471,265

600,000

Center Wheeling
Oltlsens
Co

share»

25

4,999,386 /100

Wheeling-

State Institutions
Dec. 31

c




21,002,043 J

J1,003,005

306,777
500,000 1
100.000
1,305,066
1,000,000
76.582
200.000
267.954
500.000

Common

Capital notes

Per

People's Nat Bank-.
Quarry S Bk & Tr G<

Per

1.062.500
650,000

—

Kanawha Valley Bk.
Nat Bank of Comm
Central Trust Co—-

Nomi nal.

Barre—
Granite 8 B A Tr C<

Nomi nal.

Charleston—
Charleston Nat Bk:
Common

KanawhaBkgATr Co

1

National Banks

Bam.WEST VIRGINIA

»*£
70
190

400,000 '

Capital notes

|jV»

1,070,503
244,844

16,814,264
13,466,732
14,347,521
2.764,830

773,610

1.500.000 1

.

.

900.000
750,000
750.000

1,000,000

Elan's Sav Bk A Tr Utah Sav A Trust Co

share.

100
100

329,598
834,707

^

Commercial Sec Bk a 545,000
First Security BkNA a1,000.000

cent

h Dec. 31,1936.

3,171,001 [100

sa

les

i Member First National Corp.

1100
2,041,072

100

o

k June

30,1937.

I Last sale.
n
o

r
s

Preferred stock retired.
\
Controlled by the Joseph F. Meyer interests,
Member People's Corp.
Trust funds.

u

Reserves.

x

Ex-dividend.

'

,

March, 1938]

BAMS

National Banks

Capital
La Crosse—

Surplus &
Profits

Cross

Deposits

State Bk of La Crosse

$
268.096
43.064
267,470
159,430

4.852.747
1,237,424
5,759.552
2,746,914

200.000

Nat Bk or La Crosse.

Par

Ask

Bid

Nomi nal.
Per share.

%
500,000
al25.000
400.000
100.000

Batavian Nat Bank.

Exchange State Bank

110,747
122,034
119.777

2,169,777
6,053,188
3,078,524

$
20
e

20

23H
N

o

re

cent

sa

100
20
100

les

Milwaukee—
Amer State Bank

Badger State Bank
Olty Bank & Tr Co

d

600.000
350.000

a

111

COMPANIES

State Institution»
Dec. 31

WISCONSIN

Dec. 31

TRUST

AND

20
d

100

1

1

HO 1©

"40"

Surplus &
Profits

Capital

21

19

Gross

Deposits

Par

Halifax-

%
*
S
Bank of Nova Scotia 12,000.000 24.000,000 243,623,325

Bid

Ask
cent.

100

Per
298

cent.

First Wise Nat'! Bk
Common

6.000.000 16,201,197 190,853,206
8,500.000
a360.000
125,416
1,982,337
100.000
49,193
1,656,430

.

Preferred

Home Savings Bank.
Kilbourn State Bk..
Lincoln State Bank:
Common

100.000 I
35,906
300.000
2.200.000 2,183,105

Income debentures

Marine Nat Exch Bk

Marshall A Haley Bk a2.985,000
Mitchell St State Bk. 0 598.000
Northern Bank.....
Park Savings Bank

State Bank of Milw
Teutonia A veStateBk
West Side Bank
Wisconsin State Bk.
First Wise Trust Co.

100.000
539.500

12,702
23,432
115,979

550.000
466,700
400.000
300.000
1.000.000

'

16

20

20

34,695,444

l

100
20

f

1

•

\

ONTARIO

1

1

1

Toronto—

43,344,842
2,138,116
1,740,904
1,821,625

"166

2.050,722

CO N

34

20

51,634
83,200
855.053
234,655
721,698

a

1

1,601,732

20

1,364,589

5

4H

{.!.

20

18H

9.000.000 118,514,037

100

Per
250

100

162

164

21

100

224
220

230

100

of

Toronto—

6.000.000

100

7
12
200
31

6

1,983,546

20

9

100
20

150
27

QUEBEC

100
Montreal—

Per

Bank of Montreal

100

Banque Canadlenne.

100

86.000,000 39,000,000 697,817,668
7.000,000 5,000,000 128,072,143
BarclaysBk (Canada)
1.500.000
750,000 13,264,952
Provincial Bk of Can
4,000,000
1,000,000 46,319,841
Royal Bk of Canada 35,000,000 20.000,000 701,974,051
_

•

National Banks

100
100
100

no par

250,000
300.000

290,263

262,613

6,432,285
7,857,512

163

113" iir
176 H 177

Common and preferred stock debentures outstanding,

c

June 30, 1937.

d Unit of the Wisconsin Bankshares Corp.

Per share.

American Nat Bank.
Stock Growers N Bk.

cent.

202

stock.

a

Cheyenne—

200
161

Sale price.

t Wisconsin Bankshares Corp.

WYOMING

Dee. 31

255

"45" "55"

4,645,536

3,896,860
3,876,872

Bank

Can Bank of Comm. 30.000.000 20.000,000 528,276,596
Dominion Bank
7,000.000 7,000,000 119,409,236
Imperial Bank of Can 7.000.000
8,°00,ono 122,953.594

100

e

100

Member of the Northwest Bancorporation.

I Last sale.

x

Ex-dividend.

Joint Stock Land Bank Bonds and Stocks
Quotations

are

for the last day of the month preceding the date of issue.

Bonds
Atlanta

Bonds.

3s

Atlantic 3s

............

Burlington 5s

.........

100
100
50

Bonds and Stocks.

Illinois Midwest 5s
Iowa of 81oux City 4 H*

Lafayette 5s..

86

93
99 H

...

50

California 'dalZZZZZZZllll'.
Central Illinois 5s
Chicago 4Ms and 4H«"—5s and 5 Ms.
Dallas 3s

......

.............

Denver 5s
First Carolines 5s_
First of Fort Wayne 4Ha..
First of Montgomery 5s
First of New Orleans 5s
First Texas of Houston 5s..
First Trust of Chicago 4 Hs.

102
30
6

100K
95
102
99

100
100
101
101

Fletcher 3Hs.............
Fremont 4 He..
-

Greensboro (N O) 3s.
Greenbrier 5s

/ Flat price,

x

Ex-dividend.




98 H
Lincoln

102
102 H
72

73
100
100

Virginian 3s
Virginia-Carolina 3s.

74

5Ks.

73

6

102

Southern Minnesota 5s.
Union of Detroit
4Hs

72
100
98

Louisville 5s
New York 5s
North Carolina 5s

Pacific Coast of L A 5s
Pacific Coast of Portland 5s.....
Pacific Coast of Salt Lake 5s
Pacific Coast of San Francisco 5s_

......

s.......

Atlantic

55

Ohio-Pennsylvania 5s......
Oregon-Washington 5s

Pennsylvania 3

STOCKS
Atlanta

99 X
99

Denver

Dallas

101
100

Des Moines.

100 H

100

H

.....

First Carolines
Freemont
Lincoln
New York

100
99

.......

Par
..100
.100
..100
.100

45

50

40

50

..10b

45

..100
.

100

Phoenix 4Hs

105

107

North Carolina

106 H
100
26

108 H
101

Pennsylvania

Potomac

Potomac
San Antonio

..100
-100

99 H

100K
80

Virginia
Virginia-Carolina

3s

St Louis 4Hs and 5s.
San Antonio 3s

Southwest 58

77

........

...........

78

22

2

25
55
5

1
11

3
13

52
22

26

70

75

..100

..100
-100
..100

.....

75

5

-100

1H

40

IX
74

53

45

IK
■mmmm

113

Quotations are

Bonds.

Bid.

AJbany Metropolitan 5-6s 1949-Alden 6s 1941 bonds & ctfs
J& f
1945—F&A f

as near as

Ask

63

65

31

Allerton 55th St 5 Vis
Allertou N Y Corp

15V5

Debenture 2-4s 1963
J&J
Ambassador Hotel (Los Ang)—
Non-cum inc. 3-5s 1950
A&O
Amer Insur Un Bldg 6s '41-M&N
Arcade Bldg & Rlty «Seattle)—
3-6s 1948
J&J

f

f
f

f
Arcady-Wilshire Co (Los Ang)—
Non-cum inc 5s June 11949J&J f
Arrowhead Lake—
1st 7s 1944-1947
J&D f
Assoc Chain Store Realty—
1st mtge coll 5 Vis 1957—J&J
Cum income 6s 1957
A&O f
non-cum

Baker Hotel <Dallas)
1st s f 5s 1950 (with stk)

65
44

17
92
56

67
45 Vi

37

40

29

295*

20

23

50

60

-F&A

Baumann (L) 6 Vis '36
6s (Brooklyn) 1942

(L I).A&O f
F&A i
Bellevue-Stratford (Phila)—
5V*s 1935
J&D
Benj Franklin 6s ctfs 1933
Berkeley-Carteret 5 Mb '46.M&N
Bing & Bing deb 6 Vis 1950-M&S
Income 7s 1950 w-s
M&S

1st. 2d 1956

30
31

32
60
■

(

36""
102 Vi
53

Hotel Taft Corp (N Y O)—

9Vi
21

45Vi

11
23
48 Vi

30

.....

8*
23

22
22
41
63

23
42 Vi
65

35
35
11

1st 6 Vis 1943—-F&A
Keith Memorial Bldg 6s 1943
Lake Sh Ath Club (Chic) 6Vis '45 /
LaSalle Wacker 5s fixed

55
75

(Boston)

80

J

55"

50

55

|2H

Lefcourt Manhat Bldg—
1st 4-5s exten to 1948

69

62

36Vi

Lefcourt State Bldg—
Extend 1st 4-6 V*s 1948
Lewis Morris Apts 6 Vis 1937

12h

Lincoln 42d St Corp—

2nd income 6s 1949

101
91

103 Vi
103 Vi
50

12"

—

Columbus Venetian & Stevens—

94"
93

/

„

31

7Vi

/
M&N f
/
/

97 Vi

33 Vi

24

26"

27

29

28

"75*

34

/
/
f
/

Eppley Hotels 1st sf 3-5s 1951 J&J
Equitable Office Bldg 5s 1952....

Lombardy (The) 6s 1942
M&N
London Terrace Apts 6s *40 M&N /
Lord Bait Hotel g m HVis *45 A&O /
Lord Nelson Hotel s f 4s '47-M&N
Lords Court Bldg 5Vi» 1942.J&D /
General 7s 1941
J&Djf
Madison Inc inc 6 Vis 1957..M&S f
/
Majestic Apts 6s 1948
,

Manhattan
1st

6s

12

18
17
27

20"

——

26
72
42

41

43

60

70
41

38
7K
——

25Vi
28 Vi

29

—.

s

f 6s

8V*
IVi
27
30

6Vi

60

70

73

Metropolitan Corp (Can) 6s 1947
Metropolitan Playhouses—
Debenture mtge 5a 1945—F&A
Munaon Bldg (N Y) 6V*q'39.M&N /
Nat Hotel of Cuba 6s 1959.M&S /
Nat Press Bid 3-5s 1950 (ws)
Adjmtge inc Apr 15 4 Vie 1950- /
NatlTower Bldg 6 Via 1944 A&O /
Neisner Bros Realty, Inc—
Conv s f deb 6s 1948—.J&D15
N Y Athletic Club Bs 1946
A&O /
1st mtge 2-5s 1955
J&D /
N Y Majestic Corp 4s (whs) 1956
5 Vis 1937
New York Title & Mtge—
*5 Vis series B-I

l5Vis

/
series B-K
/
series 02
/
series CW-1
/
series FI
/
series Q
/
Walnut St (Phila) 6s 1939. /
...

58

5Vis

53

J 5Vis
5Vis
6 Vis

26

30

19th &

5th Ave & 29th St Bldg 6s 1948—
5th Ave & 55th St Bldg 6 Vis 1945.
15 Park Row 4s w s 1952
60 B'way Bldg 3-6s 1946
M&S
51 Fifth Ave 4s 1943
A&O
52d & Madison Ave 6s 1947
55 Fifth Avenue 6s 1944-..M&N
600 Fifth Ave 6Vis stamp 1949..
1500 Walnut Corp (Phila)—

39
51

41

89

76

78

21

22 Vi

-

1st 6s 1950
1512 Spruce St (Phila)—
1st mtge 6s 1943
A&O
40 Exchange Place 5 Vis 1956.J&J
40 Wall St BJdg 1st 6s 1958
42 Broadway Bldg 6s 1939--.J&J
48 West 48th S^Bldg 6s 1936...
1400 B'way Bldg 6 Vis stm-1948—
1410 B'way Bldg 3 Vis 1941-A&0
Fex Det Theatre 6s 1942 —A&O
Fox New Academy of Music
1st leasehold 6 Vis to 1941.M&S

1 Flat

price,




n Nominal,

H*

53

36

38"

/
/
/
/

43
35

45

98 Vi
54 Vi

100
58
90

87

90

62 Vi
26 Vi

3Vi

64
28

23

26

/
/

10

13

8V*
45

61

/
/
/
f

17 *

19

3BVi

-.4—

32
5

80

k Last sale.

"svi

14V4
102
59

5Vis stamped 1961
5Hs unstamped 1961

Income 5s 1943

J&D /
1945. J&D /

North Station Indus Bldg (Bo»n
1st m s f 5s 1962
...A&O

M&N /
One LaSalle St Bldg 6s 1949 J&J /
One Park Av Bldg 6s to '39-M&N
2d sf 6s 1951
M&N
103 East 57th St Bldg 6s 1941
110 So Penn Ave (Atl City)—
6s 1944—
.—J&D
165 Broadway Bldg 5Vis '51 F&a /
General s f 7s 1941..
F&A /
170 Broadway-Maiden Lane
Bldg 6 Vis stamped 1949
Orpheum Theatre & Realty—
2-6s 1946
.—M&S/
Palace Hotel(San Fr) 5s '45-F&A /
Pantages (Alex) 6s to 1947.M&N

50

41

55 Vi

i

77

Bldg(Denv) 3-5»'49.M&S
Properties—

54

M&S

1959

55

5Vi

6Vi

20

22

72

75

50 V*

Roxy Theatre 6V*® 1940 —..A&O
Russ Bldg. (San Fran.)6s '51 F&A
Kusseks 6th Ave Bldg 6s 1944...
St Charles Hotel (Atl Cy) 4c 1945

30

9Vi

5 Vis

1938
A&O
Savoy-Plaza Corp 6s 1946..J&D
1st s f 5Vis 1945
J&D

20

13V*
13 V*

13 V*

27

29

13V*

11 Vi

13

Without com stock
J&D
6s debenture 1951
J&D
Sevilla-Bilt Hotel 7Vis'37-M&N

24

26
6

10

12 Vi

Sherneth Corp—
3-5 Vis deb inc (w s) 1956
60 Park Place Bldg 3 Vis-5s..l947

19

20 Ji

13
5

40

Sixty-one Broadway Building
3 Vis 1950 with stock
A&O
Income 3-3 Vis stpd 1955
616 Madison Ave Bldg 6 Vis 1938.
Social Service Bldg (Phila) 6s
Southern Hotel (Memphis)—
6s 1953
J&J
Speed Building (Louisville, Ky).

38

Income 5s 1945

oi*

40

2V*
25Vi

-

102

4

27 Vi
82

103

50

M&N

Stanley-Mark Strand 6 Vis 1941
Stanley Real Est 5Vis '45 -J&D
State-Randolph Bldg (Chicago)—
5 Vis 1942
M&N /
Steuben Bldg (Chicago)—

87

84 Vi

86 Vi

10

11 Vi

7

3

M&S

6s 1945-J&J

113

Certificates of deposit
Income 5s W-S 1956
Stone & Webster Bldg (Boston)—

113

_!

1947
Strauss-Manhat

99

conv 6s '33.J&D
Syracuse Hotel 6 Vis 1940
Taft Realty (New Hav) 6s'40A&0
Income 3s w-s 1951
10 East 40th Street Bldg 5s 1953-

101

62
20

25

22

24
83

79

Non-cum inc 6s 1958
M&S
1088 Park Ave Bldg 6s 1939
Textile Bldg 1st 6s 1958
M&N
Gen 7s s f w w 1948

24""

23

M&S

5

M&N

7

37
37
2

39

38Vi

39
5

68

1st 3-5s (w s) 1958
M&N
Textile Crafts Bldg 6s w s 1944—

37 Vi

14 Vi
44

48"

Trinity Bldg 5Ma 1939
.J&D
Trinity Court Bldg 4s 1941 .M&S
Stamped
Unstamped
Park Ave Bldg 4s
1946
23 Lexington Ave 2s 1950
29th St Towers Bldg 3s 1942
2124-34 Bway Bldg 5V*s —.1943
2480 Bway Bldg 2d mtge 3s 1944.
Tyler Building—
Gen inc 6s July 1 1953 (w s)
Un Post Off 5 Vis 1948—Ann Apr
U S Realty & Impt 6s 1944

54Vi

81
25

27

25

27

28 Vi

30

45

463

...

98

13"

46 Vi

49 V*

sivi

Vanderoilt Ave

40

42 Vi
22 Vi

1st leaahold 6Vis 1944..J&J 15 /
Van Sweringen Co—
1st 6s 1935
F&A /

26

45

50

35

41

80
->

i

•

ICO IT*

1

71

1st & ©oil s f 6s 1938
A&O /
Van Sweringen Corp 6s May 1 '35 /
Varlck St Sta P O (N Y) 6s 1941

3Vi

5M

10 Vi

12 Vi
12 Vi

10 Vi
IV*

2V*
63

Wabash-Monroe

60
93
56

60

Bldg 6s 1953 J&J
Bldg(N\5 OS '53 A&O

Walbridge Bldg (Buff)6Vis 1938.. /
Waldorf Astoria 7s w W1954-M&S
Non-cum inc 5s 1954
M&S

78
44 Vi

10

g*

43
42

mm

20 V*
19

Corp—

1st A Vis w-s Nov 1 1951.J&J
Warner Bros Hollywood Thea—

24 Vi

M&N
Washington Properties inc 7s 1952 f
Westlnghouse Bldg 4s 1948.A&0 /

84

White Motor Realty 6s 1940——

Woodbridge Bldg 5V*s '41—A&O
7s 1940
-A&O

Vi

--mm

17 Vi

; n«

1st 6 Vis 1941

,

1

ICO 100

Bldg Corp—

Wall & Beaver Sb

69

35

64

41

Wadsworth

60

39

14

38

35

22

101

56
24

44

20

101

98

....

32 V*
33

58
7

1st 6s 1943

16

60 Vi

48

..

1st extended inc 5s 1950.-J&D
Realty Assoc Sec Corp—

Repub

A*
70

70

Quincy Station P O (Chicago)—
6s May 1 1941..
JVD

Retail

19
30
8

104

66

Olympic Hotel (Seattle)—
32 Vi

/

J*

.....

Oliver Cromwell 6s 1939-

46

30Vi

...

5 Vis 1943
1st cum income 5 Vis

>

Provident Loan Society 6 % ctfs..
Prudence Company—

5s

1900 Rittenhouse Sq (Phila)—

e

36Vi
16Vi
24 Vi

-

6s 1943
Stevens Hotel (Chic)

52 Vi

F&A

50
25

/

8

26

—

1st

87

M&N

1948

56

40

33

6

25

■

.

5 V*

M&S
F&A

Legended 1952
Ferry Sta P 0 (San Fr) 6s 1934-- /
Film Center Bldg 6s 1943.-A&O /
5th Ave & 28th St Bldg 6 Vis 1945. /

Deb 5s

31

Pennsylvania Bldg 6s 1939 .M&N
Philip Schuyler 6s serial
Pierrepont Hotel 3-4s 1951
Pitts Hotels Corp 1st 5 V*s '48M<5kJ
Mtge cum inc 5s May 1962
Conv cum inc deb 5s May 1967
Voting tr ctfs for common
Poll New Engl Theatres 6s. 1958
Gen Income 5s 1983
M&N

Sbelburn.lnc(AtlOy)tiVi»'40-J&J

68Vi

60 Vi

Towers—

1946

conv

60
40

N Y Postal Service Station—

If*

1st mtge leasehold sf 3s *64. J&J
Park Place Dodge Corp 5s vtc *52

3s with stock 1956
Schulte Real Estate 6s 1935—
With stock
J&D

24
70
88 V*

Office Bldg 6s. 1941-M&N
Loew State Bldg (Los Ang) 6s *42
Loews Theatre Rlty 6s '47 M&fllft

60

24"

St Louis Post Offices—

/

&

Marcy (The) 6s 1940-Mark Hopkins Inc—
1st income 6s Feb 1 1952
Marshall-Wei Is Buildings—
46 Vi
1st 6 Vis 1947
F&A
55
Mayflower Hotel ( D O) 5s 1950—
Mercantile Arcade Bldg (Lob Ang)
1st s f 5Via 1953
9Vi
J&D /
11
Mercantile Properties. Inc—
55
Sec sfSVis 1946—
J&J
Merchants Nat Prop 4s 1958(w s) /
Metropolitan Chain Properties—

33

6M

——F&A /

93 Vi
85

60

/

J

Lincoln Mtge & Title—
Guar 5 Vis ctfs of deposit
Loews Midland Theatre

1st

f 3V*-5s_—1940/

/

17

„

54

Income 3s-5s (w-s) Sept 1955—
With beneficial interest ctfs
f

96

......

...

m

!S*

income deb 6s ser B 1959.M&S
Robert Treat Hotel (Newark)
6s 1943
J&J

55

A8k.

21

Deb 5s series A

5s 1947
F&A
Insurance Exchange Building

51
15

18

100
88

Eastern Ambassador Hot 5 Vis '47
Edgewater Beach Apts 6s to '43..
11 Park Place Corp 4s 1948
11 West 42d St 4s 1945— -M&N
80 Broad St Bldg 6 Ma 1950.M&S
80 Broad St Inc Is Nov H1951—
80 John St extd 4s 1950——A&O

49 Vi

,

66

Bryant Pk Bldg (NY) 6Vis'45J&J / 25
Budd Realty 6s June 1941—J&D
102 Vi
102 M
6s Sept 1941....
M&S
48 Vi
Bush Term Bldg 1st 5s 1960.A&O
Butler Hall 4-5s 1947
57
J&J
41
Cambridge Court Apt 6 lis 193710
Cent Manhattan Props 5s'46M&S
Central Zone Bldg inc 6s, 1941
/ 53
90
Century Parkway 6s 1956
Chain Store Depot 6s 1940-.M&S
90
Ohanin Building—
54
1st Leasehold inc 4s 1945-M&S /
17 Vi
2d Leasehold inc 2s 1945.M&S /
3d Leasehold inc 1st 1945.M&S /
6Vi
52
Chesebrough Bldg 6s 1948--A&O
91 Vi
Chicago Evening Amer 6s 1936-.
ChicHerald & Exam 6 Mb '50 M&S
83 Vi
Cigar Stores Realty Holdings—
5 f dep 5Mb 1949 ser A
J&J / 44 Vi
Circle Theatre extd 6s 1946.M&S f
50
Cleve Term Bldg 1st 6s 1941.J&J
8 Vi
f
Stamped9Vi
Unstamped
f
Cleveland Theatre gen 5s 1944—
52
Colonial Apartments 6s 1937

Dorset (The) 6s 1941 ctfs
Drake (The) 6s 1939
-

58
20
33
101 Vi

64Vi

Income 5 Vis w s 1963

Davidson R'lty 6s w w 1940 A&O
Detroit Hotel 6V*s to 1941—M&S

/

80
25
28
29
30Vi

Hotel St George 4s 1950
Hotel Syracuse inc 3s 1955

47

93

(The) 6s 1941

s

6s 1st fee & leasehold 1942

/
/
/
/

42

20 M

Bklyn Fox Corp inc 3s Oct 1
Brown Hotel (Louisville)—
1st sinking fund 5s 1949..

RBldg Corp 1st

J&D

George Washington Hotel 6s 1944
Certificates of deposit
Granada Apt Bldg 6s 1938—M&S
Grant Bldg (Pittsb) 7s '47-- F&A
Graybar Bldg (East Offices inc)—
1st m leaseh 5p 194fl__
J&D
Greeley Sq Bldg 6s 1951——Feb
BarrlmaD Bldg tie 1961
M&N
Hartford Times deb 4 hs *51 M&N
Hearst Brisbane Prop—

Lawrence Hotel (Erie, Pa.)—
6s 1948
M&S/

-----

Congress Square Hotel (Port Me)
6 Vis 1946
M&N
Court & Remsnn Sts (Brooklyn)
6s 1940
A&O

40 Vi
35
85
27

31

J&J

Gair Realty Corp 5s 1948

Hotel Lexington 4s 1955—M&S f
Hotel Sherman (Chic) 5Vis'46J&J f
Hotel Sherman Inc 1st 5s 1957
f

44

J&J

Bway Mot Bldg «N Y) 6s '48 F&A
Bway & 38th St 7s 1945
J&J
Bway & 41st St Bldg 3-5s 1944—
Broadmoor

unstpd—J&J /

Units

..

37Vi

Paramount Bway Corp.—
1st M s f 3s loan ctfs 1955 F&A
Park Central Hotel 6s ctfs 1935Park Cresent 1st 6s 1940
M&S
Park Lexington Co Inc—

_

1st s f 5V*s 1949
6s 1944

38
38
265*

5Vi

—

6Vis July 1 1938
B'way Barclay Office Bldg—

8Vi

10 Vi

Herald Square Bldg inc 6s 1948— /
lstsf income 5s May 1 1948_— /
Hotel Governor Clin 6s '48.A&0 f

29

Bait Parcel Post 5 Mb 1949

Boston Postal Service

6Vi

5

Bid.

Bonds.

Ask.

76Vi

inc 6s 1957-M&S f
Assoc Realty Bldg (Los Angeles)
Income 5s 1948
J&J f

Adj

90
54

Bid.

Bonds.
Fox Theatre & Office Bldg
1st s f 6s 1941—
_—M&P /
Fox St Louis Theatre Bldg—
1st s f6Vis 1942
\&0 /
Fuller Bldg (OAF Realty Corp)
.

53

New cum income 2-Qs 1955
f
Allied Owners Corp
1st income 4-5s 1958
J&J f

possible for the closing day of the month preceding the date of issue.

43 Vi
69
100 Vi

26
87
44 Vi
—

40

50

50

60

mm